SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Fire Capital Management LLC

CIK 0002059571 · 100 PINE STREET, SUITE 460, SAN FRANCISCO, CA, 94111 · 415-828-0129

Reported Value
$157M
Q2 2025
Positions
93
Filings on Record
6
2019–present window
Filed
Aug 1, 2025
original filing

Summary

Fire Capital Management LLC reported $157M in U.S.-listed holdings across 93 positions for Q2 2025.

Its largest position, NVDA, represents 11.0% of the portfolio.

Compared with Q1 2025, the fund opened 8 new positions and exited 4.

Portfolio Metrics

Turnover
+5.2%
vs prior filed quarter
Top-10 Concentration
+43.4%
share of reported value
Largest Position
+11.0%
Nvidia Corporation
New / Exited
8 / 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 ’25: $136MQ1 ’25Q2 ’25: $157MQ2 ’25Q3 ’25: $174MQ3 ’25Q4 ’25: $201MQ4 ’25Q1 ’26: $214MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 69.0%ETP: 30.3%REIT: 0.5%ADR: 0.1%
  • Common Stock · 69.0% · $109M
  • ETP · 30.3% · $48M
  • REIT · 0.5% · $837,003
  • ADR · 0.1% · $226,490

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD SCOTTSDALE FDSNEW+27.6K27.6K+$2M$2M
SPDR SERIES TRUSTNEW+52.0K52.0K+$1M$1M
HCAHCA HEALTHCARE INCNEW+1.5K1.5K+$568,904$568,904
CELHCELSIUS HLDGS INCNEW+12.0K12.0K+$557,701$557,701
JPXAEROVIRONMENT INCNEW+1.4K1.4K+$384,967$384,967
TSMTAIWAN SEMICONDUCTOR MFG LTDNEW+1.0K1.0K+$226,490$226,490
PHPARKER-HANNIFIN CORPNEW+300300+$209,541$209,541
BNYBANK NEW YORK MELLON CORPNEW+2.2K2.2K+$200,442$200,442

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

Holdings — Q2 2025

47 positions
#IssuerClass% PortfolioValueShares
1ISHARES TRRUS 1000 ETF · RUSSELL 2000 ETF · CORE MSCI EAFE · ISHS 1-5YR INVS11.43%$18M116.8K
2NVDANVIDIA CORPORATIONhistory →COM11.02%$17M109.9K
3MSFTMICROSOFT CORPhistory →COM4.30%$7M13.6K
4INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT3.96%$6M34.4K
5SPDR S&P 500 ETF TRTR UNIT3.90%$6M10.0K
6JPMJPMORGAN CHASE & CO.history →COM3.86%$6M21.0K
7TSLATESLA INChistory →COM2.69%$4M13.3K
8BENFRANKLIN RESOURCES INChistory →COM2.61%$4M172.3K
9GQ9SPDR GOLD TRhistory →GOLD SHS2.45%$4M12.7K
10AMZNAMAZON COM INChistory →COM2.33%$4M16.8K
11VANGUARD STAR FDSVG TL INTL STK F2.04%$3M46.6K
12VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF1.98%$3M62.9K
13AXPAMERICAN EXPRESS COhistory →COM1.91%$3M9.4K
14DEDEERE & COhistory →COM1.84%$3M5.7K
15AAPLAPPLE INChistory →COM1.65%$3M12.7K
16VANGUARD SCOTTSDALE FDSVNG RUS2000IDX1.53%$2M27.6K
17AVGOBROADCOM INChistory →COM1.29%$2M7.4K
184I1PHILIP MORRIS INTL INChistory →COM1.26%$2M10.9K
19EXMOCEXXON MOBIL CORPhistory →COM1.25%$2M18.3K
20WMTWALMART INChistory →COM1.17%$2M18.9K
21ZTSZOETIS INChistory →CL A1.15%$2M11.6K
22ORCLORACLE CORPhistory →COM1.09%$2M7.8K
23ISRGINTUITIVE SURGICAL INChistory →COM NEW1.08%$2M3.1K
24CATCATERPILLAR INChistory →COM1.08%$2M4.4K
25DISDISNEY WALT COCOM0.96%$2M12.2K
26MDLZMONDELEZ INTL INCCL A0.94%$1M22.0K
27SPDR SERIES TRUSTPORTFOLIO LN TSR0.88%$1M52.0K
28COSTCOSTCO WHSL CORP NEWCOM0.87%$1M1.4K
29CLCOLGATE PALMOLIVE COCOM0.86%$1M14.9K
30CRMSALESFORCE INCCOM0.81%$1M4.7K
31ADBEADOBE INCCOM0.81%$1M3.3K
32VVISA INCCOM CL A0.80%$1M3.6K
33LNGCHENIERE ENERGY INCCOM NEW0.78%$1M5.1K
34UNPUNION PAC CORPCOM0.77%$1M5.3K
35LLYELI LILLY & COCOM0.75%$1M1.5K
36BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.73%$1M2.4K
37ANETARISTA NETWORKS INCCOM SHS0.73%$1M11.2K
38VANGUARD INDEX FDSEXTEND MKT ETF0.71%$1M5.8K
39TMOTHERMO FISHER SCIENTIFIC INCCOM0.70%$1M2.7K
40BLKBLACKROCK INCCOM0.69%$1M1.0K
41CASYCASEYS GEN STORES INCCOM0.66%$1M2.0K
42ROKROCKWELL AUTOMATION INCCOM0.64%$1M3.0K
43JANUS DETROIT STR TRHENDERSON MTG0.63%$986,95521.9K
44PFEPFIZER INCCOM0.59%$930,01638.4K
45NFLXNETFLIX INCCOM0.58%$909,269679
46GSGOLDMAN SACHS GROUP INCCOM0.57%$893,1811.3K
47HDHOME DEPOT INCCOM0.56%$879,2032.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$214M108May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$201M117Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$174M98Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$157M93Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$136M90May 13, 202513F-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 ↗.