Client First Capital LLC — 13F Holdings & Portfolio
CIK 1822065 · latest 13F-HR filed 2026-07-13
Client First Capital LLC manages $251.1M in 13F-reported U.S. long-equity assets across 28 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are QQQ (22.53%), IVV (14.21%), SHV (12.14%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 1 new position and exited 1; 12 existing positions rose in reported value and 1 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.
Long-equity book
Distinct positions
Filed 2026-07-13
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box 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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 87.3%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Feb 11, 2026.
SUITE 1040
WEST BEND, WI 53095
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| KRUEGER, JUSTIN, WAYNE Control | PARTNER, HEAD OF FINANCIAL PLANNING since Dec 2015 | Less than 5% | Individual |
| ROCK POINT PARTNERS, LLC Control | MANAGING PARTNER since Dec 2015 | 75% or more | Domestic Entity |
| Zarling, David, Frederic Control | PARTNER, HEAD OF INVESTMENT STRATEGY AND RESEARCH since Mar 2017 | Less than 5% | Individual |
| Zarling, Paul Control | MANAGING PARTNER & CHIEF COMPLIANCE OFFICER since Mar 2017 | Less than 5% | Individual |
| KRUEGER, JUSTIN, WAYNE Control Indirect owner via ROCK POINT PARTNERS, LLC | MANAGING MEMBER since Dec 2015 | 25–50% | Individual |
| Zarling, David Control Indirect owner via ROCK POINT PARTNERS, LLC | MANAGING MEMBER since Dec 2015 | 25–50% | Individual |
| Zarling, Paul Control Indirect owner via ROCK POINT PARTNERS, LLC | MANAGING MEMBER since Dec 2015 | 25–50% | Individual |
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- INVESCO QQQ TR$12.2M +27.6%
- ISHARES TR$4.5M +14.4%
- ISHARES TR$3.4M +14.4%
- ISHARES INC$1.7M +29.7%
- ISHARES TR$959.7K +15.0%
Client First Capital 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 | INVESCO QQQ TR | QQQ | 46090E103 | $56.6M | 22.53% | 76,847 | SH |
| 2 | ISHARES TR | IVV | 464287200 | $35.7M | 14.21% | 47,651 | SH |
| 3 | ISHARES TR | SHV | 464288679 | $30.5M | 12.14% | 276,188 | SH |
| 4 | ISHARES TR | QUAL | 46432F339 | $27.1M | 10.77% | 123,309 | SH |
| 5 | WISDOMTREE TR | USFR | 97717Y527 | $23.1M | 9.19% | 458,302 | SH |
| 6 | SPDR GOLD TR | GLD | 78463V107 | $14.6M | 5.80% | 39,566 | SH |
| 7 | ISHARES TR | OEF | 464287101 | $7.4M | 2.93% | 20,091 | SH |
| 8 | ISHARES INC | EMXC | 46434G764 | $7.3M | 2.92% | 71,793 | SH |
| 9 | BLACKROCK ETF TRUST II | CLOA | 092528504 | $7.1M | 2.84% | 137,395 | SH |
| 10 | SELECT SECTOR SPDR TR | XLI | 81369Y704 | $7.0M | 2.80% | 38,009 | SH |
| 11 | SELECT SECTOR SPDR TR | XLC | 81369Y852 | $6.5M | 2.57% | 60,325 | SH |
| 12 | SELECT SECTOR SPDR TR | XLP | 81369Y308 | $6.1M | 2.43% | 73,557 | SH |
| 13 | ISHARES TR | CMF | 464288356 | $5.3M | 2.12% | 92,578 | SH |
| 14 | ISHARES TR | SMAX | 46438G588 | $4.0M | 1.60% | 143,897 | SH |
| 15 | STATE STR SPDR S&P 500 ETF T Call | SPY | 78462F103 | $2.6M | 1.04% | 3,500 | SH |
| 16 | ISHARES TR | MAXJ | 46438G612 | $2.6M | 1.04% | 89,249 | SH |
| 17 | ISHARES TR | MUB | 464288414 | $2.5M | 0.99% | 23,070 | SH |
| 18 | ELI LILLY & CO | LLY | 532457108 | $827.6K | 0.33% | 690 | SH |
| 19 | SPDR GOLD TR Call | GLD | 78463V107 | $736.8K | 0.29% | 2,000 | SH |
| 20 | HOME DEPOT INC | HD | 437076102 | $723.7K | 0.29% | 2,052 | SH |
| 21 | APPLE INC | AAPL | 037833100 | $491.0K | 0.20% | 1,697 | SH |
| 22 | ISHARES U S ETF TR | MEAR | 46431W838 | $461.8K | 0.18% | 9,167 | SH |
| 23 | BLACKROCK ETF TRUST II | CALI | 092528884 | $422.2K | 0.17% | 8,355 | SH |
| 24 | RTX CORPORATION | RTX | 75513E101 | $408.5K | 0.16% | 2,153 | SH |
| 25 | ALPHABET INC | GOOGL | 02079K305 | $339.6K | 0.14% | 950 | SH |
| 26 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $324.5K | 0.13% | 435 | SH |
| 27 | CINCINNATI FINL CORP | CINF | 172062101 | $238.6K | 0.10% | 1,289 | SH |
| 28 | JOHNSON & JOHNSON | JNJ | 478160104 | $207.0K | 0.08% | 815 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-13 | $251.1M | 28 | 0001822065-26-000004 |
| 2026-03-31 | 2026-04-27 | $230.5M | 28 | 0001822065-26-000002 |
| 2025-12-31 | 2026-01-26 | $237.2M | 27 | 0001822065-26-000001 |
SUITE 102-400
SAN DIEGO, CA 92103