Q2 2026 13F · SEC CIK 1992879

Second Line Capital, LLC

Wealth managerFiled 2026-09-02 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $537.0M
Reported positions: 173
Top holdings a year, 3 yrs: +12.3%
Assets under management: $1.3B

Second Line Capital, LLC is a wealth manager that reported 173 positions worth $537.0M in its Q2 2026 13F, filed 2026-09-02. Its largest holdings were ETF Ser Solutions (ACIO, 11.1%), ETF Ser Solutions (DRSK, 8.0%), ETF Ser Solutions (IDUB, 7.3%). A portfolio copying its top holdings returned 12.3% a year over the last 3 years, against 18.8% for the S&P 500.

Second Line Capital, LLC holdings largest 50 of 173 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Second Line Capital, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
ACIOETF Ser Solutions	11.1%	10.9%	1,292,312	+2.0%	$59.6M
DRSKETF Ser Solutions	8.0%	7.9%	1,495,309	+2.3%	$43.0M
IDUBETF Ser Solutions	7.3%	7.0%	1,417,892	+2.0%	$39.0M
SPYState Str Spdr S&p 500 ETF T	5.8%	5.5%	41,556	+3.6%	$31.1M
SPDWSpdr Index Shs Fds	5.6%	5.4%	600,233	+2.7%	$30.2M
OSCVETF Ser Solutions	4.8%	4.6%	613,038	+3.4%	$25.9M
BEMOETF Ser Solutions	4.6%	4.5%	448,164	+2.5%	$24.9M
DUBSETF Ser Solutions	4.0%	3.8%	516,098	+3.7%	$21.5M
FTSMFirst Tr Exchange-Traded Fd	3.9%	—	351,126	—	$21.0M
JUCYETF Ser Solutions	3.8%	3.8%	923,539	+2.7%	$20.3M
SPEMSpdr Index Shs Fds	2.4%	2.4%	251,929	+3.2%	$13.0M
APPApplovin Corp	2.1%	1.8%	21,752	+0.8%	$11.2M
AAPLApple Inc	1.5%	1.4%	28,057	+1.2%	$8.1M
NVDANvidia Corporation	1.5%	1.8%	40,188	-16.9%	$8.0M
MSFTMicrosoft Corp	1.4%	1.5%	20,122	+4.8%	$7.5M
JPMJpmorgan Chase & Co	1.3%	1.3%	20,969	-3.0%	$6.9M
OCULOcular Therapeutix Inc	1.2%	0.9%	638,640	+20.9%	$6.3M
AMZNAmazon Com Inc	1.1%	1.2%	23,817	-3.9%	$5.7M
USFRWisdomtree Tr	1.0%	1.0%	111,437	+2.1%	$5.6M
XOMExxon Mobil Corp	1.0%	1.2%	40,730	-1.3%	$5.6M
WMTWalmart Inc	0.9%	1.1%	42,803	-1.3%	$4.8M
BKAGBny Mellon ETF Trust	0.8%	0.8%	106,590	+2.5%	$4.5M
PWRQuanta Svcs Inc	0.8%	1.2%	5,973	-30.7%	$4.3M
RSPInvesco Exchange Traded Fd T	0.8%	0.7%	20,156	+5.5%	$4.3M
GLXYGalaxy Digital Inc.	0.8%	0.8%	154,268	-1.2%	$4.2M
VVisa Inc	0.7%	0.7%	11,400	+4.6%	$3.9M
FANGDiamondback Energy Inc	0.7%	0.9%	21,397	-11.4%	$3.8M
AVGOBroadcom Inc	0.7%	—	9,937	—	$3.8M
CVXChevron Corporation	0.7%	0.9%	22,207	-6.0%	$3.7M
APHAmphenol Corp	0.7%	0.5%	20,563	+5.7%	$3.6M
MARAMara Holdings Inc	0.7%	0.6%	258,225	-2.1%	$3.6M
PGRProgressive Corp	0.7%	0.5%	16,326	+17.0%	$3.6M
CHEChemed Corp New	0.7%	0.6%	7,556	+5.5%	$3.5M
HDHome Depot Inc	0.6%	0.5%	9,132	+4.9%	$3.2M
AMTAmerican Tower Corp	0.6%	0.6%	18,630	+16.1%	$3.1M
NOWServicenow Inc	0.6%	—	30,561	—	$3.0M
CPRTCopart Inc	0.5%	0.5%	103,691	+43.0%	$2.9M
QQQMInvesco Exch Traded Fd Tr II	0.5%	0.5%	9,612	+3.0%	$2.9M
VOOVanguard Index Fds	0.5%	0.4%	3,921	+15.9%	$2.7M
UPSDETF Ser Solutions	0.5%	0.5%	92,867	-0.7%	$2.6M
IJHIshares Tr	0.4%	0.4%	30,005	+2.7%	$2.3M
IJRIshares Tr	0.4%	0.4%	15,420	+1.4%	$2.3M
BRK-BBerkshire Hathaway Inc Del	0.4%	0.4%	4,529	+1.3%	$2.3M
EFAIshares Tr	0.4%	0.4%	21,544	-2.2%	$2.2M
JMSTJ P Morgan Exchange Traded F	0.4%	0.4%	43,654	+0.3%	$2.2M
AMDAdvanced Micro Devices Inc	0.4%	—	3,437	—	$2.0M
TSLATesla Inc	0.3%	0.8%	4,418	-60.1%	$1.9M
GOOGLAlphabet Inc	0.3%	0.4%	5,092	+0.8%	$1.8M
QQQInvesco Qqq Tr	0.3%	0.3%	2,419	-7.5%	$1.8M
IVVIshares Tr	0.3%	—	2,263	—	$1.7M

What Second Line Capital, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +13.2% /yr; S&P 500 +20.1%
3 years: +12.3% /yr; S&P 500 +18.8%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$537.0M	173
Q1 2026	$528.0M	185
Q4 2025	$486.6M	166
Q3 2025	$483.1M	160
Q2 2025	$430.4M	149
Q1 2025	$388.1M	145
Q4 2024	$370.9M	131
Q3 2024	$366.9M	136
Q2 2024	$326.9M	115
Q1 2024	$308.3M	114
Q4 2023	$249.9M	102

Questions about Second Line Capital, LLC's portfolio

What stocks does Second Line Capital, LLC own?

Second Line Capital, LLC's latest 13F, for Q2 2026 and filed Sep 2, 2026, lists 173 positions worth $537.0M. The largest are ETF Ser Solutions (ACIO) at 11.1%, ETF Ser Solutions (DRSK) at 8.0%, ETF Ser Solutions (IDUB) at 7.3%, State Str Spdr S&p 500 ETF T (SPY) at 5.8% and Spdr Index Shs Fds (SPDW) at 5.6%.

What did Second Line Capital, LLC buy last quarter?

In Q2 2026, Second Line Capital, LLC added Copart Inc (CPRT) (+43.0% shares), Ocular Therapeutix Inc (OCUL) (+20.9% shares) and Progressive Corp (PGR) (+17.0% shares), compared with its Q1 2026 filing.

What did Second Line Capital, LLC sell last quarter?

In Q2 2026, Second Line Capital, LLC cut from its top 50 Coreweave Inc (CRWV), cut from its top 50 Credo Technology Group Holdi (CRDO), cut from its top 50 Meta Platforms Inc (META), cut from its top 50 Applied Digital Corp (APLD), cut from its top 50 Broadridge Finl Solutions in (BR), Tesla Inc (TSLA) (-60.1% shares), Quanta Svcs Inc (PWR) (-30.7% shares) and Nvidia Corporation (NVDA) (-16.9% shares), compared with its Q1 2026 filing.

How has Second Line Capital, LLC's portfolio performed?

A portfolio copying Second Line Capital, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.3% a year over the last 3 years, against +18.8% for the S&P 500. Over 1 year: +13.2% against +20.1%.

When is Second Line Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Second Line Capital, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Second Line Capital, LLC manage?

Second Line Capital, LLC reported $1.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $537.0M.