# Kaye Capital Management

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1111797. Source: https://holderbook.com/funds/1111797-kaye-capital-management/

- Reported value: $260.0M
- Positions: 41
- Weight of the ten largest: 69.6%
- Filed: 2025-08-12

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 TR | [IVV](https://holderbook.com/stocks/IVV/) | $40.7M | 65,555 | 15.7% | 11 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $28.4M | 160,954 | 10.9% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $20.8M | 37,646 | 8.0% | 11 |
| INVESCO EXCHANGE TRADED FD T | [PID](https://holderbook.com/stocks/PID/) | $20.7M | 1,008,078 | 7.9% | 11 |
| ISHARES TR | [IOO](https://holderbook.com/stocks/IOO/) | $19.1M | 177,302 | 7.4% | 11 |
| FIRST TR EXCHNG TRADED FD VI | [QDEC](https://holderbook.com/stocks/QDEC/) | $13.0M | 441,852 | 5.0% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $12.0M | 268,684 | 4.6% | 11 |
| AIM ETF PRODUCTS TRUST | [FEBT](https://holderbook.com/stocks/FEBT/) | $10.0M | 284,405 | 3.8% | 10 |
| INVESCO EXCH TRD SLF IDX FD | [BSCV](https://holderbook.com/stocks/BSCV/) | $8.6M | 518,421 | 3.3% | 7 |
| INVESCO EXCH TRD SLF IDX FD | [BSJT](https://holderbook.com/stocks/BSJT/) | $7.7M | 355,560 | 2.9% | 2 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $7.3M | 31,971 | 2.8% | 11 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $6.8M | 98,730 | 2.6% | 11 |
| INVESCO EXCH TRD SLF IDX FD | [BSCP](https://holderbook.com/stocks/BSCP/) | $6.8M | 326,771 | 2.6% | 11 |
| INVESCO EXCH TRD SLF IDX FD | [BSCX](https://holderbook.com/stocks/BSCX/) | $6.3M | 298,864 | 2.4% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCW](https://holderbook.com/stocks/BSCW/) | $6.1M | 295,401 | 2.3% | 4 |
| INVESCO EXCH TRD SLF IDX FD | [BSCU](https://holderbook.com/stocks/BSCU/) | $5.8M | 346,069 | 2.2% | 4 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $5.1M | 171,995 | 2.0% | 5 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $5.1M | 261,323 | 2.0% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSJR](https://holderbook.com/stocks/BSJR/) | $5.1M | 223,347 | 2.0% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.2M | 8,699 | 1.6% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.5M | 17,223 | 1.4% | 11 |
| AIM ETF PRODUCTS TRUST | [FEBW](https://holderbook.com/stocks/FEBW/) | $2.9M | 91,161 | 1.1% | 2 |
| AIM ETF PRODUCTS TRUST | [JANT](https://holderbook.com/stocks/JANT/) | $2.7M | 70,197 | 1.0% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.5M | 2 | 0.6% | 11 |
| AIM ETF PRODUCTS TRUST | [JANW](https://holderbook.com/stocks/JANW/) | $1.2M | 34,191 | 0.5% | 2 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.2M | 3,847 | 0.4% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.2M | 6,567 | 0.4% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.2M | 6,585 | 0.4% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $774.1K | 1,556 | 0.3% | 11 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $744.7K | 17,388 | 0.3% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $546.5K | 701 | 0.2% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $507.4K | 2,313 | 0.2% | 11 |
| FIRST TR EXCHNG TRADED FD VI | [QMAR](https://holderbook.com/stocks/QMAR/) | $425.3K | 13,724 | 0.2% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $411.7K | 558 | 0.2% | 8 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $409.0K | 3,000 | 0.2% | 3 |
| HORMEL FOODS CORP | [HRL](https://holderbook.com/stocks/HRL/) | $363.0K | 12,000 | 0.1% | 11 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $332.7K | 1,047 | 0.1% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $283.0K | 1,014 | 0.1% | 11 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $282.9K | 1,117 | 0.1% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $259.4K | 420 | 0.1% | 8 |
| BEYOND AIR INC | [XAIR](https://holderbook.com/stocks/XAIR/) | $4.5K | 26,200 | 0.0% | 1 |

## 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 |
|---|---|---|---|---|
| Q2 2025 | +6.8% | +10.5% | -3.6% | 100% |
| Q1 2025 | -1.8% | -4.6% | +2.8% | 100% |
| Q4 2024 | -0.2% | +2.1% | -2.3% | 97% |
| Q3 2024 | +4.8% | +5.4% | -0.6% | 100% |
| Q2 2024 | +2.1% | +4.0% | -1.9% | 100% |
| Q1 2024 | +5.2% | +10.0% | -4.8% | 99% |
| Q4 2023 | +7.5% | +11.2% | -3.7% | 95% |
| Q3 2023 | -3.2% | -3.6% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $260.0M | 41 |
| Q1 2025 | $245.0M | 44 |
| Q4 2024 | $220.5M | 39 |
| Q3 2024 | $249.5M | 39 |
| Q2 2024 | $237.5M | 37 |
| Q1 2024 | $229.3M | 34 |
| Q4 2023 | $223.5M | 38 |
| Q3 2023 | $218.1M | 36 |
| Q2 2023 | $205.7M | 30 |
| Q1 2023 | $196.2M | 31 |
| Q4 2022 | $191.4M | 27 |