# ROVIN CAPITAL /UT/ /ADV

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1059057. Source: https://holderbook.com/funds/1059057-rovin-capital-ut-adv/

- Reported value: $376.6M
- Positions: 194
- Weight of the ten largest: 38.1%
- Filed: 2026-02-09

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $24.0M | 357,771 | 6.4% | 25 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $21.8M | 637,496 | 5.8% | 12 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $21.8M | 668,849 | 5.8% | 25 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $13.9M | 55,087 | 3.7% | 12 |
| DAVITA INC | [DVA](https://holderbook.com/stocks/DVA/) | $13.7M | 120,562 | 3.6% | 4 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $13.6M | 61,783 | 3.6% | 25 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $10.3M | 71,221 | 2.7% | 25 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $8.9M | 32,725 | 2.4% | 25 |
| INVESCO EXCH TRD SLF IDX FD | [BSJR](https://holderbook.com/stocks/BSJR/) | $7.7M | 338,307 | 2.0% | 9 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $7.6M | 84,919 | 2.0% | 13 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $7.3M | 11,965 | 2.0% | 25 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $7.0M | 72,722 | 1.9% | 14 |
| INVESCO EXCH TRD SLF IDX FD | [BSJS](https://holderbook.com/stocks/BSJS/) | $6.9M | 312,794 | 1.8% | 9 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $6.5M | 74,355 | 1.7% | 4 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $6.1M | 222,178 | 1.6% | 25 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $5.5M | 57,146 | 1.5% | 13 |
| INVESCO EXCH TRD SLF IDX FD | [BSJQ](https://holderbook.com/stocks/BSJQ/) | $5.0M | 215,408 | 1.3% | 9 |
| INNOVATOR ETFS TRUST | [PSTP](https://holderbook.com/stocks/PSTP/) | $5.0M | 140,149 | 1.3% | 4 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $4.5M | 44,340 | 1.2% | 2 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $4.2M | 23,669 | 1.1% | 24 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.1M | 22,025 | 1.1% | 8 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $4.0M | 67,888 | 1.1% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.9M | 8,003 | 1.0% | 20 |
| INNOVATOR ETFS TRUST | [BSTP](https://holderbook.com/stocks/BSTP/) | $3.8M | 102,391 | 1.0% | 4 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $3.7M | 46,606 | 1.0% | 18 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $3.7M | 33,597 | 1.0% | 15 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $3.6M | 183,135 | 1.0% | 7 |
| PGIM ETF TR | [PFRL](https://holderbook.com/stocks/PFRL/) | $3.5M | 71,268 | 0.9% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.4M | 5,027 | 0.9% | 25 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.3M | 10,455 | 0.9% | 25 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $3.2M | 120,346 | 0.9% | 25 |
| INNOVATOR ETFS TRUST | [BALT](https://holderbook.com/stocks/BALT/) | $3.0M | 89,007 | 0.8% | 14 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $2.9M | 31,727 | 0.8% | 14 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.9M | 52,790 | 0.8% | 18 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $2.8M | 49,290 | 0.7% | 17 |
| INVESCO EXCH TRD SLF IDX FD | [BSCS](https://holderbook.com/stocks/BSCS/) | $2.6M | 127,046 | 0.7% | 13 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.6M | 7,531 | 0.7% | 12 |
| FIRST TR EXCHNG TRADED FD VI | [BUFG](https://holderbook.com/stocks/BUFG/) | $2.6M | 93,968 | 0.7% | 12 |
| TCW ETF TRUST | [SLNZ](https://holderbook.com/stocks/SLNZ/) | $2.6M | 55,608 | 0.7% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.5M | 10,731 | 0.7% | 25 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $2.5M | 21,045 | 0.7% | 18 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $2.5M | 25,399 | 0.7% | 15 |
| INVESCO EXCH TRD SLF IDX FD | [BSCT](https://holderbook.com/stocks/BSCT/) | $2.3M | 124,710 | 0.6% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.2M | 3,587 | 0.6% | 13 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $2.2M | 18,806 | 0.6% | 18 |
| VANECK ETF TRUST | [ANGL](https://holderbook.com/stocks/ANGL/) | $2.0M | 66,953 | 0.5% | 17 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $1.9M | 16,795 | 0.5% | 24 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.9M | 4,170 | 0.5% | 12 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $1.7M | 25,372 | 0.5% | 13 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $1.7M | 16,743 | 0.4% | 2 |
| EXCHANGE LISTED FDS TR | [CEFS](https://holderbook.com/stocks/CEFS/) | $1.7M | 72,766 | 0.4% | 18 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $1.7M | 24,139 | 0.4% | 18 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $1.6M | 10,639 | 0.4% | 18 |
| DBX ETF TR | [SHYL](https://holderbook.com/stocks/SHYL/) | $1.6M | 35,075 | 0.4% | 10 |
| TCW ETF TRUST | [FLXR](https://holderbook.com/stocks/FLXR/) | $1.6M | 39,634 | 0.4% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.6M | 4,860 | 0.4% | 25 |
| CAPITAL GRP FIXED INCM ETF T | [CGMS](https://holderbook.com/stocks/CGMS/) | $1.6M | 56,156 | 0.4% | 4 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $1.5M | 11,223 | 0.4% | 12 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $1.5M | 25,387 | 0.4% | 12 |
| ISHARES TR | [HYDB](https://holderbook.com/stocks/HYDB/) | $1.5M | 31,399 | 0.4% | 18 |
| PGIM ETF TR | [PHYL](https://holderbook.com/stocks/PHYL/) | $1.4M | 39,984 | 0.4% | 17 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $1.3M | 40,847 | 0.4% | 8 |
| DIREXION SHARES ETF TRUST | [TECL](https://holderbook.com/stocks/TECL/) | $1.3M | 11,240 | 0.4% | 13 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $1.3M | 3,492 | 0.3% | 13 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $1.3M | 27,676 | 0.3% | 8 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.3M | 12,202 | 0.3% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.2M | 3,784 | 0.3% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.2M | 1,813 | 0.3% | 8 |
| MFS ACTIVE EXCHANGE TRADED F | [MFSB](https://holderbook.com/stocks/MFSB/) | $1.1M | 44,822 | 0.3% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.1M | 3,359 | 0.3% | 7 |
| DIREXION SHARES ETF TRUST | [FAS](https://holderbook.com/stocks/FAS/) | $1.0M | 6,285 | 0.3% | 15 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $987.0K | 18,294 | 0.3% | 8 |
| PIMCO ETF TR | [BOND](https://holderbook.com/stocks/BOND/) | $957.0K | 10,285 | 0.3% | 13 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $940.0K | 2,873 | 0.2% | 6 |
| VANECK ETF TRUST | [CLOI](https://holderbook.com/stocks/CLOI/) | $934.0K | 17,681 | 0.2% | 4 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $903.0K | 3,512 | 0.2% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSJT](https://holderbook.com/stocks/BSJT/) | $899.0K | 41,804 | 0.2% | 8 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $897.0K | 2,768 | 0.2% | 16 |
| PROFESIONALLY MANAGED PORTFO | [AKRE](https://holderbook.com/stocks/AKRE/) | $865.0K | 13,209 | 0.2% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $861.0K | 7,158 | 0.2% | 2 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $860.0K | 4,687 | 0.2% | 21 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $843.0K | 1,454 | 0.2% | 8 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $830.0K | 3,823 | 0.2% | 11 |
| HUNTINGTON INGALLS INDS INC | [HII](https://holderbook.com/stocks/HII/) | $799.0K | 2,350 | 0.2% | 8 |
| APTUS COLLARED INV | [ACIO](https://holderbook.com/stocks/ACIO/) | $780.0K | 17,844 | 0.2% | 17 |
| FIRST TR EXCHNG TRADED FD VI | [BUFT](https://holderbook.com/stocks/BUFT/) | $777.0K | 31,572 | 0.2% | 13 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $771.0K | 11,675 | 0.2% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $757.0K | 2,859 | 0.2% | 17 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $748.0K | 5,215 | 0.2% | 21 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $743.0K | 691 | 0.2% | 8 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $737.0K | 4,761 | 0.2% | 18 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $722.0K | 13,540 | 0.2% | 12 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $709.0K | 5,023 | 0.2% | 8 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $709.0K | 3,661 | 0.2% | 16 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $707.0K | 14,065 | 0.2% | 5 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $703.0K | 15,462 | 0.2% | 18 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $695.0K | 3,037 | 0.2% | 4 |
| LAUDER ESTEE COS INC | [EL](https://holderbook.com/stocks/EL/) | $693.0K | 6,616 | 0.2% | 9 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $686.0K | 6,912 | 0.2% | 6 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $680.0K | 16,437 | 0.2% | 8 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2025 | +0.8% | +2.4% | -1.5% | 102% |
| Q3 2025 | +5.6% | +7.8% | -2.2% | 100% |
| Q2 2025 | +5.8% | +10.5% | -4.7% | 100% |
| Q1 2025 | -3.8% | -4.6% | +0.7% | 99% |
| Q4 2024 | -0.8% | +2.1% | -3.0% | 99% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 100% |
| Q2 2024 | +1.1% | +4.0% | -2.9% | 100% |
| Q1 2024 | +7.2% | +10.0% | -2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $376.6M | 194 |
| Q3 2025 | $691.2M | 200 |
| Q2 2025 | $330.1M | 187 |
| Q1 2025 | $310.7M | 177 |
| Q4 2024 | $277.7M | 162 |
| Q3 2024 | $270.0M | 169 |
| Q2 2024 | $240.1M | 157 |
| Q1 2024 | $244.0M | 153 |
| Q4 2023 | $220.7M | 137 |
| Q3 2023 | $216.9M | 131 |
| Q2 2023 | $223.6M | 131 |
| Q1 2023 | $209.8M | 130 |