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OPTIMA CAPITAL LLC — 13F Holdings & Portfolio

CIK 2070972 · latest 13F-HR filed 2026-07-24

Backtest portfolio

OPTIMA CAPITAL LLC manages $253.4M in 13F-reported U.S. long-equity assets across 281 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPDW (4.62%), SPYM (3.85%), DFAC (3.68%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 20 new positions and exited 14; 94 existing positions rose in reported value and 28 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.

Loading holdings…
AUM
$253.4M

Long-equity book

Holdings
281

Distinct positions

Period
2026-06-30

Filed 2026-07-24

Q/Q Activity
+20 / −14 / ↑94 / ↓28

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
SPDW4.6% · +178%SPYM3.9% · +6%DFAC3.8% · +4%RSP3.4% · +26%SPBU3.1% · +3%GVAL2.7% · +13%JPIE2.7% · +14%VTI2.6% · -0%GARP2.4% · +28%IJR2.3% · +22%RWL2.3% · +13%DBND2.2% · -3%JBND2.2% · +6%DFAI2.2% · +13%QQQ2.1% · +7%SPY2.1% · +33%VUSB2.0% · +316%VIG1.9% · +8%AGGY1.8% · +3%WTV1.5% · -1%JPST1.4% · -12%IDMO1.3% · +7%VTWO1.2% · +51%USFR1.2% · +44%SCHB1.2% · +2%BUFB1.2% · +12%VOO1.1% · -6%VBR1.1% · +8%IGIB1.0% · +15%GOOGL1.0% · -0%IWM0.9% · +6%DDWM0.9% · -6%AMD0.9% · -2%XOM0.9% · +0%BITB0.9% · +1%AMZN0.8% · -5%PSFF0.8% · -4%RAAX0.7% · newVO0.7% · +306%VUG0.7% · +458%AAPL0.7% · +1%GDE0.7% · -20%EES0.6% · 0%AAAU0.6% · -17%ORCL0.6% · +1%SPIN0.6% · +23%QQQM0.6% · +66%SPYD0.5% · +4%ZJUN0.5% · newMSFT0.5% · +6%CGDV0.5% · +32%IBND0.4% · -21%VEA0.4% · -8%JEPQ0.4% · +14%BRK.B0.4% · +12%PLTR0.4% · +0%HYLB0.4% · +12%ZFEB0.4% · +1%DFAE0.4% · +3%NVDA0.4% · +3%

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

3 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 = 31.6%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 29, 2019.

Assets Under Management
$1.17B
Discretionary
$771.1M
Employees
25
Accounts
22
Address
10 EAST 53RD STREET
29TH FLOOR
NEW YORK, NY 10022
Phone
(212) 484-3000
Website
Name Title / Status Ownership Type
BOARDMAN, DENNIE, DIXON ControlMANAGING MEMBER
since Jul 1988
Less than 5%Individual
LEWIS, GEOFFREY, MANFRED ControlCHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER
since Jun 1989
Less than 5%Individual
OPTIMA GROUP HOLDINGS LLC ControlOWNER
since Oct 2001
75% or moreDomestic Entity
LITTMAN, NANCY, SUEDIRECTOR OF ADMINISTRATION
since Jul 1988
Less than 5%Individual
RIVERA, CHRISTINE, ANNGENERAL COUNSEL
since Jun 2004
Less than 5%Individual
SPELMAN, MICHAEL, KCHIEF INVESTMENT OFFICER
since Jun 2015
Less than 5%Individual
BOARDMAN, DENNIE, DIXON Control
Indirect owner via OPTIMA GROUP HOLDINGS LLC
MANAGING MEMBER
since Oct 2001
25–50%Individual
Ownership & leadership changes · 2 filings with changes since Mar 28, 2012

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.

Dec 7, 2016 filing
  • No longer listedYEE, JOHNNY · CO-CHIEF INVESTMENT OFFICER · Less than 5% · listed since Jun 2015
  • ChangedSPELMAN, MICHAEL, K · title CO-CHIEF INVESTMENT OFFICER → CHIEF INVESTMENT OFFICER
Jun 15, 2015 filing
  • AddedSPELMAN, MICHAEL, K · CO-CHIEF INVESTMENT OFFICER · Less than 5%
  • AddedYEE, JOHNNY · CO-CHIEF INVESTMENT OFFICER · Less than 5%
  • ChangedBOARDMAN, DENNIE, DIXON · title MANAGING MEMBER, CHIEF INVESTMENT OFFICER → MANAGING MEMBER
Mar 28, 2012 filing (earliest on record)
  • ListedBOARDMAN, DENNIE, DIXON · MANAGING MEMBER, CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ListedBOARDMAN, DENNIE, DIXON · MANAGING MEMBER · 25–50% · indirect via OPTIMA GROUP HOLDINGS LLC · control person
  • ListedLEWIS, GEOFFREY, MANFRED · CHIEF FINANCIAL OFFICER, CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedLITTMAN, NANCY, SUE · DIRECTOR OF ADMINISTRATION · Less than 5%
  • ListedOPTIMA GROUP HOLDINGS LLC · OWNER · 75% or more · control person
  • ListedRIVERA, CHRISTINE, ANN · GENERAL COUNSEL · Less than 5%

Quarter-over-quarter changes

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

OPTIMA 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 SPDR INDEX SHS FDS SPDW 78463X889 $11.7M 4.62% 232,194 SH
2 SPDR SERIES TRUST SPYM 78464A854 $9.8M 3.85% 111,041 SH
3 DIMENSIONAL ETF TRUST DFAC 25434V708 $9.3M 3.68% 210,017 SH
4 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $8.1M 3.19% 37,941 SH
5 AIM ETF PRODUCTS TRUST SPBU 00888H455 $7.9M 3.11% 260,860 SH
6 CAMBRIA ETF TR GVAL 132061409 $6.9M 2.71% 190,583 SH
7 J P MORGAN EXCHANGE TRADED F JPIE 46641Q159 $6.8M 2.67% 147,054 SH
8 VANGUARD INDEX FDS VTI 922908769 $6.6M 2.62% 17,954 SH
9 ISHARES TR GARP 46436E403 $6.0M 2.39% 73,227 SH
10 INVESCO EXCH TRADED FD TR II RWL 46138G698 $5.9M 2.32% 45,959 SH
11 DOUBLELINE ETF TRUST DBND 25861R105 $5.7M 2.23% 124,123 SH
12 J P MORGAN EXCHANGE TRADED F JBND 46654Q716 $5.6M 2.23% 105,462 SH
13 ISHARES TR IJR 464287804 $5.5M 2.18% 37,276 SH
14 DIMENSIONAL ETF TRUST DFAI 25434V203 $5.3M 2.11% 129,556 SH
15 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $5.2M 2.03% 6,889 SH
16 VANGUARD SPECIALIZED FUNDS VIG 921908844 $4.8M 1.90% 20,337 SH
17 INVESCO QQQ TR QQQ 46090E103 $4.7M 1.87% 6,420 SH
18 WISDOMTREE TR AGGY 97717X511 $4.5M 1.78% 103,998 SH
19 VANGUARD BD INDEX FDS VUSB 92203C303 $4.5M 1.77% 89,938 SH
20 WISDOMTREE TR WTV 97717W547 $3.9M 1.52% 37,966 SH
21 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $3.5M 1.39% 69,461 SH
22 INVESCO EXCH TRADED FD TR II IDMO 46138E222 $3.3M 1.31% 54,979 SH
23 VANGUARD SCOTTSDALE FDS VTWO 92206C664 $3.2M 1.25% 26,056 SH
24 WISDOMTREE TR USFR 97717Y527 $3.1M 1.22% 61,432 SH
25 SCHWAB STRATEGIC TR SCHB 808524102 $3.0M 1.20% 104,679 SH
26 INNOVATOR ETFS TRUST BUFB 45783Y756 $3.0M 1.18% 75,844 SH
27 VANGUARD INDEX FDS VOO 922908363 $2.8M 1.12% 4,150 SH
28 VANGUARD INDEX FDS VBR 922908611 $2.7M 1.06% 11,098 SH
29 ISHARES TR IGIB 464288638 $2.6M 1.03% 49,064 SH
30 ISHARES TR IWM 464287655 $2.4M 0.93% 7,843 SH
31 WISDOMTREE TR DDWM 97717X263 $2.3M 0.92% 50,715 SH
32 ALPHABET INC GOOGL 02079K305 $2.3M 0.92% 6,517 SH
33 BITWISE BITCOIN ETF TR BITB 09174C104 $2.3M 0.90% 71,393 SH
34 EXXON MOBIL CORP XOM 30231G102 $2.2M 0.88% 16,324 SH
35 ADVANCED MICRO DEVICES INC AMD 007903107 $2.1M 0.83% 3,603 SH
36 PACER FDS TR PSFF 69374H568 $2.1M 0.81% 59,901 SH
37 VANECK ETF TRUST RAAX 92189F130 $1.9M 0.73% 46,778 SH
38 AMAZON COM INC AMZN 023135106 $1.9M 0.73% 7,766 SH
39 VANGUARD INDEX FDS VUG 922908736 $1.8M 0.72% 21,081 SH
40 WISDOMTREE TR GDE 97717Y568 $1.7M 0.66% 27,272 SH
41 WISDOMTREE TR EES 97717W562 $1.6M 0.65% 24,255 SH
42 VANGUARD INDEX FDS VO 922908629 $1.6M 0.62% 19,608 SH
43 GOLDMAN SACHS PHYSICAL GOLD AAAU 38150K103 $1.5M 0.60% 38,501 SH
44 APPLE INC AAPL 037833100 $1.5M 0.60% 5,247 SH
45 SSGA ACTIVE TR SPIN 78470P838 $1.5M 0.57% 45,158 SH
46 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $1.5M 0.57% 4,793 SH
47 ORACLE CORP ORCL 68389X105 $1.4M 0.56% 9,736 SH
48 INNOVATOR ETFS TRUST ZJUN 45784N643 $1.2M 0.48% 44,696 SH
49 CAPITAL GROUP DIVIDEND VALUE CGDV 14020W106 $1.2M 0.45% 23,281 SH
50 SPDR SERIES TRUST IBND 78464A151 $1.1M 0.45% 36,447 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-24 $253.4M 281 0002070972-26-000003
2026-03-31 2026-05-05 $215.4M 269 0002070972-26-000002
2025-12-31 2026-01-23 $230.9M 1,937 0002070972-26-000001
Filer Information
Address
500 SW 116TH AVE
BEAVERTON, OR 97225
Phone
(503) 270-1314
Filing Manager
OPTIMA CAPITAL LLC
PORTLAND, OR
Signatory
Justin Boggs
COO