SEC 13F Intelligence

Managers / Q2 2025 · view latest →

LOWERY THOMAS, LLC

CIK 0001919701 · 3975 RONDA ROAD, PEBBLE BEACH, CA, 93953 · 415-227-9800

Reported Value
$156M
Q2 2025
Positions
53
Filings on Record
18
2019–present window
Filed
Jul 18, 2025
original filing

Summary

Lowery Thomas, LLC reported $156M in U.S.-listed holdings across 53 positions for Q2 2025.

Its largest position, Schwab Strategic Tr, represents 12.8% of the portfolio.

Compared with Q1 2025, the fund opened 2 new positions and exited 4.

Portfolio Metrics

Turnover
+2.0%
vs prior filed quarter
Top-10 Concentration
+59.3%
share of reported value
Largest Position
+12.8%
Schwab Strategic Tr
New / Exited
2 / 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
Q1 ’22: $145MQ1 ’22Q2 ’22: $105MQ3 ’22: $86MQ4 ’22: $83MQ4 ’22Q1 ’23: $91MQ2 ’23: $102MQ3 ’23: $105MQ3 ’23Q4 ’23: $116MQ1 ’24: $131MQ2 ’24: $137MQ2 ’24Q3 ’24: $147MQ4 ’24: $153MQ1 ’25: $146MQ1 ’25Q2 ’25: $156MQ3 ’25: $173MQ4 ’25: $177MQ4 ’25Q1 ’26: $175Mfilingsflow.com

Portfolio Composition

By security type
ETP: 95.8%Common Stock: 4.2%
  • ETP · 95.8% · $150M
  • Common Stock · 4.2% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MDYSPDR S&P MIDCAP 400 ETF TRNEW+367367+$208,028$208,028
GOOGALPHABET INCNEW+1.1K1.1K+$203,234$203,234
VANGUARD ADMIRAL FDS INCSOLD OUT−5.1K0−$429,367$0
ORCLORACLE CORPSOLD OUT−2.0K0−$283,954$0
ISHARES TRSOLD OUT−2.8K0−$255,480$0
PACER FDS TRSOLD OUT−3.8K0−$206,353$0
SCHWAB STRATEGIC TRTRIMMED−15.8K17.3K−$337,167$437,409
GLOBAL X FDSTRIMMED−6.0K14.0K−$116,208$610,419

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

Holdings — Q2 2025

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1SCHWAB STRATEGIC TRUS LCAP GR ETF · FUNDAMENTAL US L · US LCAP VA ETF · SHT TM US TRES · US AGGREGATE B · US LRG CAP ETF · US MID-CAP ETF · US SML CAP ETF28.21%$44M1.64M
2ISHARES TRRUS 1000 GRW ETF · RUS 1000 ETF · RUS 2000 GRW ETF · RUS MD CP GR ETF · RUS 2000 VAL ETF · RUSSELL 2000 ETF · SHORT TREAS BD · 1 3 YR TREAS BD · RUS 1000 VAL ETF · ISHARES SEMICDTR15.39%$24M105.5K
3VANGUARD INDEX FDSS&P 500 ETF SHS · MCAP GR IDXVIP · MID CAP ETF · MCAP VL IDXVIP11.80%$18M38.1K
4INVESCO EXCH TRADED FD TR IINASDAQ 100 ETF6.49%$10M44.7K
5SPDR S&P 500 ETF TRTR UNIT5.97%$9M15.1K
6NDQINVESCO QQQ TRhistory →UNIT SER 14.59%$7M13.0K
7VUSBVANGUARD BD INDEX FDSTOTAL BND MRKT · VANGUARD ULTRA3.89%$6M99.3K
8INVESCO EXCHANGE TRADED FD TS&P MDCP MOMNTUM · S&P SMCP VLU MNT · S&P SMLCP MOMENT3.45%$5M63.5K
9VANECK ETF TRUSTSEMICONDUCTR ETF2.99%$5M16.7K
10J P MORGAN EXCHANGE TRADED FEQUITY PREMIUM2.54%$4M69.8K
11SPDR SERIES TRUSTPRTFLO S&P500 GW · PRTFLO S&P500 VL · S&P 600 SMCP GRW2.53%$4M48.6K
12VANGUARD ADMIRAL FDS INCSMLCP 600 GRTH · 500 VAL IDX FD2.39%$4M28.9K
13FIDELITY MERRIMACK STR TRLOW DURTIN ETF2.00%$3M62.5K
14SPDR DOW JONES INDL AVERAGEUT SER 11.75%$3M6.2K
15AAPLAPPLE INChistory →COM1.02%$2M7.8K
16SELECT SECTOR SPDR TRTECHNOLOGY0.68%$1M4.2K
17NVDANVIDIA CORPORATIONCOM0.67%$1M6.7K
18AMZNAMAZON COM INCCOM0.57%$895,1114.1K
19TSLATESLA INCCOM0.55%$853,5522.7K
20KLACKLA CORPCOM NEW0.52%$814,228909
21PROSHARES TRPSHS ULTRA QQQ · ULTRA FNCLS NEW0.44%$685,6806.3K
22MSFTMICROSOFT CORPCOM0.40%$619,6271.2K
23GLOBAL X FDSARTIFICIAL ETF0.39%$610,41914.0K
24METAMETA PLATFORMS INCCL A0.36%$560,038759

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$175M55May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$177M55Jan 26, 202613F-HRchanges · EDGAR ↗
Q3 2025$173M55Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$156M53Jul 18, 202513F-HRchanges · EDGAR ↗
Q1 2025$146M55May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$153M56Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$147M52Nov 8, 202413F-HRchanges · EDGAR ↗
Q2 2024$137M46Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$131M46May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$116M46Feb 5, 202413F-HRchanges · EDGAR ↗
Q3 2023$105M48Nov 1, 202313F-HRchanges · EDGAR ↗
Q2 2023$102M46Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$91M43May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$83M38Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$86M41Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$105M44Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$145M49May 10, 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 ↗.