Managers / Q4 2024 · view latest →
Fjell Capital, LLC
CIK 0002053350 · 27 10TH STREET NORTH, FARGO, ND, 58102 · 701-491-7600
Summary
Fjell Capital, LLC reported $97M in U.S.-listed holdings across 54 positions for Q4 2024.
Its largest position, Davis Fundamental Etf Tr, represents 9.8% of the portfolio.
Portfolio Metrics
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
Portfolio Composition
- ETP · 53.0% · $51M
- Common Stock · 46.8% · $45M
- Closed-End Fund · 0.3% · $254,899
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| DAVIS FUNDAMENTAL ETF TR | NEW | +261.6K | 261.6K | +$9M | $9M |
| INVESCO ACTIVELY MANAGED EXC | NEW | +121.8K | 121.8K | +$6M | $6M |
| VICTORY PORTFOLIOS II | NEW | +92.4K | 92.4K | +$4M | $4M |
| VANGUARD INDEX FDS | NEW | +14.3K | 14.3K | +$4M | $4M |
| ISHARES TR | NEW | +73.8K | 73.8K | +$4M | $4M |
| MSFTMICROSOFT CORP | NEW | +8.4K | 8.4K | +$4M | $4M |
| AAPLAPPLE INC | NEW | +14.1K | 14.1K | +$4M | $4M |
| PGIM ETF TR | NEW | +97.6K | 97.6K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DAVIS FUNDAMENTAL ETF TR | SELECT WRLD WI | 9.81% | $9M | 261.6K |
| 2 | VUGVANGUARD INDEX FDS | MID CAP ETF · GROWTH ETF · VALUE ETF | 8.70% | $8M | 32.6K |
| 3 | ISHARES TR | USD INV GRDE ETF · CORE S&P SCP ETF | 6.66% | $6M | 97.5K |
| 4 | INVESCO ACTIVELY MANAGED EXC | TOTAL RETURN | 5.84% | $6M | 121.8K |
| 5 | VICTORY PORTFOLIOS II | CORE INTERMEDIAT | 4.39% | $4M | 92.4K |
| 6 | MSFTMICROSOFT CORPhistory → | COM | 3.65% | $4M | 8.4K |
| 7 | AAPLAPPLE INChistory → | COM | 3.64% | $4M | 14.1K |
| 8 | PGIM ETF TR | ACTV HY BD ETF | 3.50% | $3M | 97.6K |
| 9 | AB ACTIVE ETFS INC | HIGH YIELD ETF | 3.46% | $3M | 90.8K |
| 10 | AMZNAMAZON COM INChistory → | COM | 3.16% | $3M | 14.0K |
| 11 | SPDR SER TR | PORTFLI HIGH YLD | 3.09% | $3M | 127.5K |
| 12 | NVDANVIDIA CORPORATIONhistory → | COM | 2.71% | $3M | 19.5K |
| 13 | CGGRUSDCAPITAL GROUP GROWTH ETFhistory → | SHS CREATION UNI | 2.57% | $2M | 66.9K |
| 14 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 2.54% | $2M | 13.0K |
| 15 | AVGOBROADCOM INChistory → | COM | 2.46% | $2M | 10.3K |
| 16 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 2.09% | $2M | 74.0K |
| 17 | METAMETA PLATFORMS INChistory → | CL A | 1.90% | $2M | 3.1K |
| 18 | COSTCOSTCO WHSL CORP NEWhistory → | COM | 1.79% | $2M | 1.9K |
| 19 | CRMSALESFORCE INChistory → | COM | 1.63% | $2M | 4.7K |
| 20 | ADBEADOBE INChistory → | COM | 1.59% | $2M | 3.5K |
| 21 | CAPITAL GRP FIXED INCM ETF T | SHORT DURATION | 1.48% | $1M | 55.8K |
| 22 | JPMJPMORGAN CHASE & CO.history → | COM | 1.43% | $1M | 5.8K |
| 23 | AMDADVANCED MICRO DEVICES INChistory → | COM | 1.30% | $1M | 10.4K |
| 24 | BXBLACKSTONE INChistory → | COM | 1.23% | $1M | 6.9K |
| 25 | KLACKLA CORPhistory → | COM NEW | 1.19% | $1M | 1.8K |
| 26 | CMGCHIPOTLE MEXICAN GRILL INChistory → | COM | 1.19% | $1M | 19.0K |
| 27 | WMWASTE MGMT INC DELhistory → | COM | 1.16% | $1M | 5.6K |
| 28 | MRKMERCK & CO INChistory → | COM | 1.13% | $1M | 11.0K |
| 29 | DEDEERE & COhistory → | COM | 1.11% | $1M | 2.5K |
| 30 | ARESARES MANAGEMENT CORPORATIONhistory → | CL A COM STK | 1.09% | $1M | 6.0K |
| 31 | HDHOME DEPOT INChistory → | COM | 1.07% | $1M | 2.7K |
| 32 | MRSHMARSH & MCLENNAN COS INChistory → | COM | 1.02% | $989,206 | 4.7K |
| 33 | NEENEXTERA ENERGY INC | COM | 0.99% | $953,875 | 13.3K |
| 34 | JNJJOHNSON & JOHNSON | COM | 0.93% | $897,986 | 6.2K |
| 35 | CHVCHEVRON CORP NEW | COM | 0.92% | $890,005 | 6.1K |
| 36 | ICEINTERCONTINENTAL EXCHANGE IN | COM | 0.89% | $864,041 | 5.8K |
| 37 | UNHUNITEDHEALTH GROUP INC | COM | 0.89% | $857,093 | 1.7K |
| 38 | RTXRTX CORPORATION | COM | 0.74% | $719,602 | 6.2K |
| 39 | UNPUNION PAC CORP | COM | 0.71% | $689,968 | 3.0K |
| 40 | PEPPEPSICO INC | COM | 0.70% | $679,726 | 4.5K |
| 41 | KKRKKR & CO INC | COM | 0.58% | $565,478 | 3.8K |
| 42 | LOWLOWES COS INC | COM | 0.51% | $492,370 | 2.0K |
| 43 | VANGUARD WORLD FD | INF TECH ETF | 0.48% | $465,728 | 749 |
| 44 | DHRDANAHER CORPORATION | COM | 0.47% | $454,052 | 2.0K |
| 45 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 0.39% | $380,692 | 5.3K |
| 46 | SELECT SECTOR SPDR TR | SBI CONS DISCR | 0.27% | $260,470 | 1.2K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $130M | 68 | Apr 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $130M | 66 | Jan 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $114M | 58 | Oct 24, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $108M | 53 | Jul 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $99M | 51 | Apr 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $97M | 54 | Feb 5, 2025 | 13F-HR | changes · 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 ↗.