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Donoghue Forlines LLC — 13F Holdings & Portfolio

CIK 1702435 · latest 13F-HR filed 2026-08-07

Backtest portfolio

Donoghue Forlines LLC manages $386.7M in 13F-reported U.S. long-equity assets across 114 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPHY (8.35%), XFIV (6.10%), SRLN (5.62%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 46 new positions and exited 50; 34 existing positions rose in reported value and 21 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$386.7M

Long-equity book

Holdings
114

Distinct positions

Period
2026-06-30

Filed 2026-08-07

Q/Q Activity
+46 / −50 / ↑34 / ↓21

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
SPHY8.4% · newXFIV6.1% · -11%SRLN5.6% · newBKLN5.4% · newGOOGL1.6% · +87%DFTT1.6% · -4%UNH1.5% · +136%MU1.4% · -43%AMD1.4% · +103%AMZN1.4% · newINTC1.3% · +109%STT1.3% · +122%PANW1.3% · newWDC1.3% · -20%TGT1.3% · +4%MET1.2% · +132%MRVL1.1% · newSTX1.1% · newALAB1.1% · newCRWD1.1% · newSNDK1.1% · -53%AFRM1.0% · newCSCO1.0% · newGS1.0% · +265%CCI1.0% · +167%NVDA1.0% · newMS1.0% · newMTZ1.0% · newTTWO0.9% · newDELL0.9% · newFLEX0.9% · newDDOG0.9% · newTLN0.9% · newFTNT0.9% · newHUM0.8% · newWST0.8% · newNVT0.8% · newFFIV0.8% · newMNST0.8% · newEBAY0.8% · newBNY0.8% · newEA0.8% · newRDDT0.8% · newSNX0.8% · newHPE0.8% · newCNC0.8% · newMPC0.8% · newNTAP0.8% · newELV0.7% · newFSLR0.7% · newADM0.7% · newROST0.7% · +8%NUE0.7% · newCASY0.7% · newON0.7% · -36%FOXA0.6% · newNRG0.5% · +28%VST0.5% · +19%AMCR0.5% · +16%ABBV0.5% · +5%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 34.3%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 27, 2026.

Assets Under Management
$370.5M
Discretionary
$370.5M
Employees
7
Accounts
20
Address
125 HIGH STREET
SUITE 220
BOSTON, MA 02110
Phone
(800) 642-4276
Website
Name Title / Status Ownership Type
DF MANAGEMENT LLC ControlMEMBER
since Sep 2016
25–50%Domestic Entity
EARP, JACK, ALEXANDER ControlCHIEF COMPLIANCE OFFICER
since Oct 2019
Less than 5%Individual
FORLINES, JOHN, ARTHUR ControlCHIEF INVESTMENT OFFICER, DIRECTOR
since Dec 2017
Less than 5%Individual
MINELLA, DAVID, ANTHONY ControlDIRECTOR
since Oct 2016
Less than 5%Individual
MOLARI, RICHARD, EDWARD ControlCHIEF OPERATING OFFICER, TREASURER, AND DIRECTOR
since Sep 2016
Less than 5%Individual
THOMPSON, JEFFREY, ROBERT ControlCHIEF EXECUTIVE OFFICER, DIRECTOR
since Sep 2016
Less than 5%Individual
WEDCO ACQUISITION CO., LLC ControlMEMBER
since Sep 2016
50–75%Domestic Entity
DOWLER, WILLIAM, BRADLEY Control
Indirect owner via DF MANAGEMENT LLC
MEMBER
since May 2022
25–50%Individual
MINELLA CAPITAL MANAGEMENT, LLC Control
Indirect owner via WEDCO ACQUISITION CO., LLC
MEMBER
since Oct 2016
75% or moreDomestic Entity
MINELLA, DAVID, ANTHONY Control
Indirect owner via MINELLA CAPITAL MANAGEMENT, LLC
MEMBER
since Oct 2006
75% or moreIndividual
THOMPSON, JEFFREY, ROBERT Control
Indirect owner via DF MANAGEMENT LLC
MEMBER
since May 2022
25–50%Individual
Ownership & leadership changes · 7 filings with changes since Oct 17, 2016

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 28, 2024 filing
  • No longer listedFORLINES, JOHN, ARTHUR · MEMBER · 75% or more · indirect via TAPPANWOOD FINANCE LABS LLC · control person · listed since Aug 2022
  • No longer listedTAPPANWOOD FINANCE LABS LLC · MEMBER · 5–10% · listed since Aug 2022
  • ChangedDF MANAGEMENT LLC · ownership 10–25% → 25–50%
  • ChangedDOWLER, WILLIAM, BRADLEY · indirect via DF MANAGEMENT LLC: ownership 50–75% → 25–50%
  • ChangedTHOMPSON, JEFFREY, ROBERT · indirect via DF MANAGEMENT LLC: ownership 50–75% → 25–50%
  • ChangedWEDCO ACQUISITION CO., LLC · ownership 75% or more → 50–75%
Mar 31, 2023 filing
  • AddedDOWLER, WILLIAM, BRADLEY · MEMBER · 50–75% · indirect via DF MANAGEMENT LLC · control person
  • AddedFORLINES, JOHN, ARTHUR · MEMBER · 75% or more · indirect via TAPPANWOOD FINANCE LABS LLC · control person
  • AddedTAPPANWOOD FINANCE LABS LLC · MEMBER · 5–10%
  • AddedTHOMPSON, JEFFREY, ROBERT · MEMBER · 50–75% · indirect via DF MANAGEMENT LLC · control person
  • ChangedDF MANAGEMENT LLC · ownership 25–50% → 10–25%
  • ChangedWEDCO ACQUISITION CO., LLC · ownership 50–75% → 75% or more
Aug 18, 2022 filing
  • No longer listedMEYER, ALEXANDER, CURTIS · DIRECTOR OF SALES, DIRECTOR · Less than 5% · control person · listed since Sep 2016
  • No longer listedW.E. DONOGHUE & CO., INC · MEMBER · 25–50% · control person · listed since Sep 2016
  • AddedDF MANAGEMENT LLC · MEMBER · 25–50% · control person
Jan 9, 2020 filing
  • No longer listedSHEA, ROBERT, JOSEPH · CO-CHIEF INVESTMENT OFFICER · Less than 5% · control person · listed since Feb 2019
  • AddedMINELLA, DAVID, ANTHONY · DIRECTOR · Less than 5% · control person
  • ChangedFORLINES, JOHN, ARTHUR · title CO-CHIEF INVESTMENT OFFICER → CHIEF INVESTMENT OFFICER, DIRECTOR
  • ChangedMEYER, ALEXANDER, CURTIS · title DIRECTOR OF SALES → DIRECTOR OF SALES, DIRECTOR
  • ChangedMOLARI, RICHARD, EDWARD · title CHIEF OPERATIONS OFFICER → CHIEF OPERATING OFFICER, TREASURER, AND DIRECTOR
  • ChangedTHOMPSON, JEFFREY, ROBERT · title CHIEF EXECUTIVE OFFICER → CHIEF EXECUTIVE OFFICER, DIRECTOR
Oct 31, 2019 filing
  • No longer listedDOWLER, WILLIAM, BRADLEY · CHIEF COMPLIANCE OFFICER AND TREASURER · Less than 5% · control person · listed since Sep 2016
  • AddedEARP, JACK, ALEXANDER · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 25, 2019 filing
  • AddedSHEA, ROBERT, JOSEPH · CO-CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ChangedFORLINES, JOHN, ARTHUR · title CHIEF INVESTMENT OFFICER → CO-CHIEF INVESTMENT OFFICER
Jan 10, 2018 filing
  • AddedFORLINES, JOHN, ARTHUR · CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ChangedTHOMPSON, JEFFREY, ROBERT · title PRESIDENT AND CHIEF EXECUTIVE OFFICER → CHIEF EXECUTIVE OFFICER
Oct 17, 2016 filing (earliest on record)
  • ListedDOWLER, WILLIAM, BRADLEY · CHIEF COMPLIANCE OFFICER AND TREASURER · Less than 5% · control person
  • ListedMEYER, ALEXANDER, CURTIS · DIRECTOR OF SALES · Less than 5% · control person
  • ListedMINELLA CAPITAL MANAGEMENT, LLC · MEMBER · 75% or more · indirect via WEDCO ACQUISITION CO., LLC · control person
  • ListedMINELLA, DAVID, ANTHONY · MEMBER · 75% or more · indirect via MINELLA CAPITAL MANAGEMENT, LLC · control person
  • ListedMOLARI, RICHARD, EDWARD · CHIEF OPERATIONS OFFICER · Less than 5% · control person
  • ListedTHOMPSON, JEFFREY, ROBERT · PRESIDENT AND CHIEF EXECUTIVE OFFICER · Less than 5% · control person
  • ListedW.E. DONOGHUE & CO., INC · MEMBER · 25–50% · control person
  • ListedWEDCO ACQUISITION CO., LLC · MEMBER · 50–75% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Donoghue Forlines LLC Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 SPDR SERIES TRUST SPHY 78468R606 $32.3M 8.35% 1,377,655 SH
2 BONDBLOXX ETF TRUST XFIV 09789C838 $23.6M 6.10% 484,673 SH
3 SSGA ACTIVE ETF TR SRLN 78467V608 $21.7M 5.62% 538,939 SH
4 INVESCO EXCH TRADED FD TR II BKLN 46138G508 $21.0M 5.43% 1,030,334 SH
5 ALPHABET INC GOOGL 02079K305 $6.2M 1.60% 17,341 SH
6 NORTHERN LIGHTS FD TR DFTT 66538J258 $6.1M 1.58% 189,758 SH
7 UNITEDHEALTH GROUP INC UNH 91324P102 $5.7M 1.48% 13,767 SH
8 MICRON TECHNOLOGY INC MU 595112103 $5.6M 1.45% 4,843 SH
9 ADVANCED MICRO DEVICES INC AMD 007903107 $5.3M 1.37% 9,141 SH
10 AMAZON COM INC AMZN 023135106 $5.3M 1.36% 22,043 SH
11 INTEL CORP INTC 458140100 $5.1M 1.32% 36,630 SH
12 STATE STR CORP STT 857477103 $5.0M 1.29% 29,336 SH
13 PALO ALTO NETWORKS INC PANW 697435105 $4.9M 1.26% 14,317 SH
14 WESTERN DIGITAL CORP WDC 958102105 $4.9M 1.26% 7,619 SH
15 TARGET CORP TGT 87612E106 $4.8M 1.25% 37,088 SH
16 METLIFE INC MET 59156R108 $4.7M 1.21% 55,115 SH
17 MARVELL TECHNOLOGY INC MRVL 573874104 $4.4M 1.15% 14,934 SH
18 SEAGATE TECHNOLOGY HLDNGS PL STX G7997R103 $4.4M 1.15% 4,591 SH
19 ASTERA LABS INC ALAB 04626A103 $4.4M 1.14% 9,112 SH
20 CROWDSTRIKE HLDGS INC CRWD 22788C105 $4.4M 1.14% 23,032 SH
21 SANDISK CORP SNDK 80004C200 $4.2M 1.08% 1,833 SH
22 AFFIRM HLDGS INC AFRM 00827B106 $3.9M 1.01% 48,009 SH
23 CISCO SYS INC CSCO 17275R102 $3.9M 1.00% 32,897 SH
24 GOLDMAN SACHS GROUP INC GS 38141G104 $3.9M 1.00% 3,817 SH
25 CROWN CASTLE INC CCI 22822V101 $3.9M 1.00% 50,839 SH
26 NVIDIA CORPORATION NVDA 67066G104 $3.8M 1.00% 19,231 SH
27 MORGAN STANLEY MS 617446448 $3.8M 0.99% 18,355 SH
28 MASTEC INC MTZ 576323109 $3.7M 0.97% 8,986 SH
29 TAKE-TWO INTERACTIVE SOFTWAR TTWO 874054109 $3.6M 0.93% 14,329 SH
30 DELL TECHNOLOGIES INC DELL 24703L202 $3.5M 0.91% 8,152 SH
31 FLEX LTD FLEX Y2573F102 $3.5M 0.91% 21,621 SH
32 DATADOG INC DDOG 23804L103 $3.4M 0.89% 13,250 SH
33 TALEN ENERGY CORP TLN 87422Q109 $3.4M 0.89% 8,958 SH
34 FORTINET INC FTNT 34959E109 $3.3M 0.86% 21,716 SH
35 HUMANA INC HUM 444859102 $3.3M 0.85% 8,275 SH
36 WEST PHARMACEUTICAL SVSC INC WST 955306105 $3.3M 0.85% 9,114 SH
37 NVENT ELEC PLC NVT G6700G107 $3.3M 0.84% 19,234 SH
38 F5 INC FFIV 315616102 $3.2M 0.83% 7,718 SH
39 MONSTER BEVERAGE CORP NEW MNST 61174X109 $3.2M 0.82% 33,066 SH
40 EBAY INC. EBAY 278642103 $3.2M 0.82% 28,344 SH
41 BANK OF NY MELLON CORP BNY 064058100 $3.1M 0.81% 21,580 SH
42 ELECTRONIC ARTS INC EA 285512109 $3.0M 0.79% 14,842 SH
43 REDDIT INC RDDT 75734B100 $3.0M 0.79% 17,515 SH
44 TD SYNNEX CORPORATION SNX 87162W100 $3.0M 0.78% 11,260 SH
45 HEWLETT PACKARD ENTERPRISE C HPE 42824C109 $3.0M 0.77% 66,298 SH
46 CENTENE CORP DEL CNC 15135B101 $3.0M 0.77% 46,163 SH
47 MARATHON PETE CORP MPC 56585A102 $2.9M 0.76% 11,456 SH
48 NETAPP INC NTAP 64110D104 $2.9M 0.75% 18,773 SH
49 ELEVANCE HEALTH INC FORMERLY ELV 036752103 $2.9M 0.75% 7,456 SH
50 FIRST SOLAR INC FSLR 336433107 $2.9M 0.74% 12,098 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-07 $386.7M 114 0001172661-26-003152
2026-03-31 2026-05-13 $361.4M 118 0001172661-26-001748
2025-12-31 2026-02-05 $323.4M 113 0001172661-26-000480
2025-09-30 2025-10-29 $324.5M 100 0001172661-25-004473
Filer Information
Address
125 HIGH STREET
SUITE 220
BOSTON, MA 02110
Phone
(800) 642-4276
Filing Manager
Donoghue Forlines LLC
Boston, MA
Signatory
Jack Alexander Earp
CCO