SEC 13F Intelligence

Managers / Q2 2025

Shorepath Capital Management LLC

CIK 0002012685 · 1389 CENTER DRIVE, SUITE 200, PARK CITY, UT, 84098 · 3123574080

Reported Value
$121M
Q2 2025
Positions
23
Filings on Record
7
2019–present window
Filed
Aug 4, 2025
original filing

Summary

Shorepath Capital Management LLC reported $121M in U.S.-listed holdings across 23 positions for Q2 2025.

Its largest position, GS, represents 11.6% of the portfolio.

Compared with Q1 2025, the fund opened 1 new position and exited 1.

Portfolio Metrics

Turnover
+10.5%
vs prior filed quarter
Top-10 Concentration
+74.9%
share of reported value
Largest Position
+11.6%
Goldman Sachs Group Inc The
New / Exited
1 / 1
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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 ’24: $127MQ1 ’24Q2 ’24: $130MQ2 ’24Q3 ’24: $137MQ3 ’24Q4 ’24: $140MQ4 ’24Q1 ’25: $133MQ1 ’25Q2 ’25: $121MQ2 ’25filingsflow.com

Portfolio Composition

By security type
Common Stock: 90.4%ETP: 7.6%Other: 2.0%
  • Common Stock · 90.4% · $110M
  • ETP · 7.6% · $9M
  • Other · 2.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RALRalliant CorpNEW+24.1K24.1K+$1M$1M
DUOLDuolingoSOLD OUT−120−$3,726$0
FTVFortive CorpTRIMMED−35.1K37.0K−$3M$2M
ADBEAdobe IncTRIMMED−5.3K6.0K−$2M$2M
DHRDanaher CorpTRIMMED−15.4K17.8K−$3M$4M
CMCSAComcast CorpTRIMMED−82.2K95.5K−$3M$3M
HONHoneywell International IncTRIMMED−14.7K18.2K−$3M$4M
Aptiv PLCTRIMMED−27.0K35.6K−$1M$2M

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

Holdings — Q2 2025

23 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GSGoldman Sachs Group Inc/Thehistory →Common11.56%$14M19.8K
2METAMeta Platforms Inchistory →Common11.36%$14M18.7K
3BACBank of America Corphistory →Common10.40%$13M266.8K
4AAPLApple Inchistory →Common7.63%$9M45.1K
5VVisa Inchistory →Common7.19%$9M24.6K
6DELLDell Technologies Inchistory →Common6.87%$8M68.0K
7BRK/BBerkshire Hathaway Inchistory →Common6.30%$8M15.7K
8IVViShares Core S&P 500 ETFhistory →Common5.23%$6M10.2K
9GOOGLAlphabet Inc - Cl Ahistory →Common4.85%$6M33.4K
10HONHoneywell International Inchistory →Common3.50%$4M18.2K
11ALCAlcon Inchistory →Common3.38%$4M46.5K
12ABNBAirbnb Inchistory →Common3.09%$4M28.3K
13EOGEOG Resources Inchistory →Common2.99%$4M30.3K
14DHRDanaher Corphistory →Common2.90%$4M17.8K
15CMCSAComcast Corphistory →Common2.81%$3M95.5K
16Aptiv PLCCommon2.00%$2M35.6K
17ADBEAdobe Inchistory →Common1.92%$2M6.0K
18FTVFortive Corphistory →Common1.59%$2M37.0K
19LULULululemon Athletica Inchistory →Common1.10%$1M5.6K
20VEUVanguard FTSE All-World ex-UShistory →Common1.04%$1M18.8K
21RALRalliant CorpCommon0.96%$1M24.1K
22VTIVanguard Total Stock Market ETCommon0.72%$867,7202.9K
23BNDVanguard Total Bond Market ETFCommon0.62%$756,54810.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$121M23Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$133M23Apr 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$140M23Jan 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$137M23Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$130M22Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$127M22Apr 12, 202413F-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 ↗.