FELL CAPITAL MANAGEMENT /ADV — 13F Holdings & Portfolio

CIK 850601 · latest 13F-HR filed 2026-05-04

FELL CAPITAL MANAGEMENT /ADV manages $104.8M in 13F-reported U.S. long-equity assets across 91 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are AAPL (5.17%), SPY (5.07%), IWN (4.66%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 2 new positions, exited 1, added to 33, and trimmed 32.

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

$104.8M

Long-equity book

Holdings

91

Distinct positions

Period

2026-03-31

Filed 2026-05-04

Q/Q Activity

+2 / −1 / ↑33 / ↓32

vs 2025-12-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ISHARES TR$1.2M +31.0%
  • SPDR SERIES TRUST$868.3K +62.1%
  • FIDELITY MERRIMACK STR TR$672.9K +93.3%
  • EXXON MOBIL CORP$547.7K +41.0%
  • SPDR SERIES TRUST$545.5K +28.7%
Show all 33

Top Trims

  • MICROSOFT CORP-$791.9K -24.2%
  • STATE STR SPDR S&P 500 ETF T-$677.2K -11.3%
  • ALPHABET INC-$500.3K -10.5%
  • APPLE INC-$487.6K -8.3%
  • ORACLE CORP-$298.1K -28.0%
Show all 32

New Positions

  • LOCKHEED MARTIN CORP$214.6K
  • TARGET CORP$203.0K
Show all 2

Exited Positions

  • GRAYSCALE BITCOIN TRUST ETF$231.7K
Show all 1
All Holdings

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 APPLE INC AAPL 037833100 $5.4M 5.17% 21,342 SH
2 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $5.3M 5.07% 8,165 SH
3 ISHARES TR IWN 464287630 $4.9M 4.66% 25,728 SH
4 ISHARES TR IWO 464287648 $4.4M 4.22% 14,104 SH
5 ALPHABET INC GOOG 02079K107 $4.3M 4.06% 14,832 SH
6 SPDR SERIES TRUST SDY 78464A763 $3.9M 3.71% 26,612 SH
7 VANGUARD WORLD FD VAW 92204A801 $2.6M 2.47% 11,495 SH
8 MICROSOFT CORP MSFT 594918104 $2.5M 2.37% 6,712 SH
9 SPDR SERIES TRUST SLYV 78464A300 $2.4M 2.34% 25,881 SH
10 SPDR GOLD TR GLD 78463V107 $2.3M 2.21% 5,370 SH
11 VANGUARD INDEX FDS VO 922908629 $2.3M 2.20% 8,044 SH
12 SPDR SERIES TRUST SPYV 78464A508 $2.3M 2.16% 40,059 SH
13 AMAZON COM INC AMZN 023135106 $2.2M 2.10% 10,576 SH
14 VANGUARD INTL EQUITY INDEX F VWO 922042858 $2.1M 2.01% 39,021 SH
15 ISHARES TR PFF 464288687 $1.9M 1.82% 62,784 SH
16 EXXON MOBIL CORP XOM 30231G102 $1.9M 1.80% 11,105 SH
17 SPDR SERIES TRUST SLYG 78464A201 $1.7M 1.64% 17,756 SH
18 JPMORGAN CHASE & CO JPM 46625H100 $1.7M 1.58% 5,645 SH
19 ISHARES TR HYG 464288513 $1.6M 1.57% 20,727 SH
20 CHEVRON CORPORATION CVX 166764100 $1.6M 1.57% 7,949 SH
21 SPDR SERIES TRUST SPYG 78464A409 $1.6M 1.56% 16,699 SH
22 GOLDMAN SACHS GROUP INC GS 38141G104 $1.6M 1.56% 1,927 SH
23 NVIDIA CORPORATION NVDA 67066G104 $1.5M 1.43% 8,572 SH
24 ALPHABET INC GOOGL 02079K305 $1.4M 1.37% 4,980 SH
25 AMGEN INC AMGN 031162100 $1.4M 1.36% 4,065 SH
26 FIDELITY MERRIMACK STR TR FBND 316188309 $1.4M 1.33% 30,554 SH
27 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $1.3M 1.25% 2,737 SH
28 ISHARES TR IJH 464287507 $1.3M 1.24% 19,205 SH
29 SELECT SECTOR SPDR TR XLV 81369Y209 $1.2M 1.17% 8,335 SH
30 INVESCO QQQ TR QQQ 46090E103 $1.1M 1.10% 1,990 SH
31 JOHNSON & JOHNSON JNJ 478160104 $1.1M 1.04% 4,442 SH
32 SPDR SERIES TRUST SPMD 78464A847 $1.1M 1.02% 18,129 SH
33 VERIZON COMMUNICATIONS INC VZ 92343V104 $1.1M 1.01% 20,985 SH
34 MCKESSON CORP MCK 58155Q103 $1.0M 0.98% 1,185 SH
35 KINDER MORGAN INC DEL KMI 49456B101 $1.0M 0.97% 30,400 SH
36 FEDEX CORP FDX 31428X106 $1.0M 0.97% 2,855 SH
37 ISHARES TR TIP 464287176 $984.4K 0.94% 8,920 SH
38 HOME DEPOT INC HD 437076102 $975.8K 0.93% 2,967 SH
39 FREEPORT MCMORAN INC FCX 35671D857 $839.1K 0.80% 14,275 SH
40 HONEYWELL INTL INC HON 438516106 $822.7K 0.79% 3,640 SH
41 BLACKROCK CR ALLOCATION BTZ 092508100 $820.0K 0.78% 81,184 SH
42 STARBUCKS CORP SBUX 855244109 $780.8K 0.75% 8,715 SH
43 SPDR SERIES TRUST XBI 78464A870 $779.2K 0.74% 6,100 SH
44 ORACLE CORP ORCL 68389X105 $767.3K 0.73% 5,216 SH
45 BITWISE BITCOIN ETF TR BITB 09174C104 $754.4K 0.72% 20,495 SH
46 RBB FD INC TBIL 74933W452 $740.4K 0.71% 14,850 SH
47 ISHARES TR IWM 464287655 $705.6K 0.67% 2,845 SH
48 VISA INC V 92826C839 $691.8K 0.66% 2,289 SH
49 GE AEROSPACE GE 369604301 $688.1K 0.66% 2,425 SH
50 PIMCO CORPORATE & INCOME OPP PTY 72201B101 $674.8K 0.64% 55,950 SH
Filing History
Period Filed AUM Holdings Accession
2026-03-31 2026-05-04 $104.8M 91 0000850601-26-000004
2025-12-31 2026-03-27 $102.6M 90 0001085146-26-000287