SEC 13F Intelligence

Managers / Q3 2025 · view latest →

626 Financial, LLC

CIK 0001911035 · 7950 MOORSBRIDGE ROAD, SUITE 104, PORTAGE, MI, 49024 · (269) 321-5040

Reported Value
$228M
Q3 2025
Positions
117
Filings on Record
20
2019–present window
Filed
Nov 7, 2025
original filing

Summary

626 Financial, LLC reported $228M in U.S.-listed holdings across 117 positions for Q3 2025.

Its largest position, SYK, represents 12.5% of the portfolio.

Compared with Q2 2025, the fund opened 7 new positions and exited 4.

Portfolio Metrics

Turnover
+6.6%
vs prior filed quarter
Top-10 Concentration
+58.3%
share of reported value
Largest Position
+12.5%
Stryker Corporation
New / Exited
7 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $163MQ4 ’21Q1 ’22: $156MQ2 ’22: $132MQ3 ’22: $123MQ3 ’22Q4 ’22: $144MQ1 ’23: $151MQ2 ’23: $157MQ2 ’23Q3 ’23: $148MQ4 ’23: $151MQ1 ’24: $166MQ1 ’24Q2 ’24: $173MQ3 ’24: $181MQ4 ’24: $185MQ4 ’24Q1 ’25: $194MQ2 ’25: $214MQ3 ’25: $228MQ3 ’25Q4 ’25: $232MQ1 ’26: $224Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 53.7%ETP: 45.4%Other: 0.7%ADR: 0.2%
  • Common Stock · 53.7% · $122M
  • ETP · 45.4% · $103M
  • Other · 0.7% · $2M
  • ADR · 0.2% · $435,803

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WISDOMTREE TRNEW+113.2K113.2K+$10M$10M
VANGUARD STAR FDSNEW+5.0K5.0K+$363,967$363,967
BNY MELLON ETF TRUSTNEW+2.5K2.5K+$316,072$316,072
DOWDOW INCNEW+10.5K10.5K+$240,331$240,331
NSCNORFOLK SOUTHN CORPNEW+752752+$225,908$225,908
DWDMORGAN STANLEYNEW+1.4K1.4K+$223,180$223,180
VANGUARD SCOTTSDALE FDSNEW+2.1K2.1K+$204,288$204,288
BMIBADGER METER INCSOLD OUT8800$215,556$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

39 positions
#IssuerClass% PortfolioValueShares
1WISDOMTREE TRUS TOTAL DIVIDND · WISDOMTREE US VA · US LARGECAP DIVD16.27%$37M431.5K
2SYKSTRYKER CORPORATIONhistory →COM12.49%$28M77.0K
3ISHARES TRRUS TP200 GR ETF · MSCI INDIA SM CP · RUSSELL 2000 ETF · CORE S&P MCP ETF · RUS 2000 VAL ETF7.52%$17M109.0K
4AAPLAPPLE INChistory →COM5.79%$13M51.8K
5INVESCO EXCHANGE TRADED FD TS&P MIDCAP 4005.33%$12M100.6K
6MSFTMICROSOFT CORPhistory →COM4.67%$11M20.5K
7GOOGLALPHABET INCCAP STK CL A · CAP STK CL C4.49%$10M42.1K
8AMZNAMAZON COM INChistory →COM3.55%$8M36.9K
9FIRST TR EXCH TRD ALPHDX FDEM SML CP ALPH3.11%$7M160.2K
10NVDANVIDIA CORPORATIONhistory →COM2.91%$7M35.5K
11SPDR SERIES TRUSTPORTFOLIO S&P600 · PRTFLO S&P500 GW2.56%$6M115.0K
12VTVVANGUARD INDEX FDSTOTAL STK MKT · VALUE ETF2.38%$5M18.8K
13FIRST TR EXCHANGE-TRADED ALPSHS ISSUED FRST · COM SHS2.06%$5M46.0K
14JPMJPMORGAN CHASE & CO.history →COM1.47%$3M10.6K
15QCOMQUALCOMM INChistory →COM1.11%$3M15.2K
16PGIM ETF TRPGIM ULTRA SH BD0.84%$2M38.3K
17SELECT SECTOR SPDR TRTECHNOLOGY0.84%$2M6.8K
18LLYELI LILLY & COCOM0.76%$2M2.3K
19NFLXNETFLIX INCCOM0.73%$2M1.4K
20AFLAFLAC INCCOM0.71%$2M14.6K
21UBERUBER TECHNOLOGIES INCCOM0.67%$2M15.7K
22GQ9SPDR GOLD TRGOLD SHS0.61%$1M3.9K
23PGPROCTER AND GAMBLE COCOM0.59%$1M8.8K
24WMTWALMART INCCOM0.59%$1M13.1K
25CRMSALESFORCE INCCOM0.55%$1M5.3K
26BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.52%$1M2.4K
27EMREMERSON ELEC COCOM0.51%$1M8.9K
28PFEPFIZER INCCOM0.51%$1M45.9K
29JNJJOHNSON & JOHNSONCOM0.49%$1M6.0K
30SPDR S&P 500 ETF TRTR UNIT0.48%$1M1.7K
31ABBVABBVIE INCCOM0.47%$1M4.7K
32TSLATESLA INCCOM0.46%$1M2.4K
33CATCATERPILLAR INCCOM0.42%$966,4122.0K
34CRWDCROWDSTRIKE HLDGS INCCL A0.42%$953,2981.9K
35CHVCHEVRON CORP NEWCOM0.40%$908,8645.9K
36TRVCCITIGROUP INCCOM NEW0.38%$875,7208.6K
37FIRST TR EXCHANGE-TRADED FDDJ INTERNT IDX0.38%$857,7103.1K
38GISGENERAL MLS INCCOM0.33%$745,15814.8K
39ORCLORACLE CORPCOM0.32%$719,8962.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$224M121Apr 23, 202613F-HRchanges · EDGAR ↗
Q4 2025$232M121Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$228M117Nov 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$214M114Aug 4, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$194M106Apr 11, 202513F-HRchanges · EDGAR ↗
Q4 2024$185M109Jan 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$181M116Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$173M106Jul 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$166M107Apr 18, 202413F-HRchanges · EDGAR ↗
Q4 2023$151M105Jan 11, 202413F-HRchanges · EDGAR ↗
Q3 2023$148M107Oct 11, 202313F-HRchanges · EDGAR ↗
Q2 2023$157M114Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$151M115Apr 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$144M111Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$123M97Oct 21, 202213F-HRchanges · EDGAR ↗
Q2 2022$132M102Jul 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$156M106May 5, 202213F-HRchanges · EDGAR ↗
Q4 2021$163M110Feb 14, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.