# Donald L. Hagan, LLC

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1638049. Source: https://holderbook.com/funds/1638049-donald-l-hagan-llc/

- Reported value: $203.7M
- Positions: 86
- Weight of the ten largest: 60.1%
- Filed: 2025-10-16

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 |
|---|---|---|---|---|---|
| STRATEGY SHS | [SSUS](https://holderbook.com/stocks/SSUS/) | $32.8M | 679,682 | 16.1% | 23 |
| STRATEGY SHS | [DHSB](https://holderbook.com/stocks/DHSB/) | $18.9M | 730,924 | 9.3% | 3 |
| STRATEGY SHS | [SSXU](https://holderbook.com/stocks/SSXU/) | $18.8M | 553,749 | 9.2% | 13 |
| STRATEGY SHS | [SSFI](https://holderbook.com/stocks/SSFI/) | $12.5M | 579,899 | 6.1% | 14 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $10.5M | 113,944 | 5.1% | 11 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $10.3M | 123,014 | 5.0% | 28 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $6.6M | 23,434 | 3.2% | 27 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $6.6M | 84,113 | 3.2% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.9M | 11,866 | 1.4% | 14 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.5M | 3,417 | 1.2% | 11 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.5M | 45,800 | 1.2% | 26 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $2.3M | 9,691 | 1.1% | 27 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $2.0M | 17,975 | 1.0% | 13 |
| INNOVATOR ETFS TRUST | [UDEC](https://holderbook.com/stocks/UDEC/) | $1.9M | 50,316 | 0.9% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.9M | 6,017 | 0.9% | 21 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $1.9M | 11,224 | 0.9% | 11 |
| ISHARES TR | [MAXJ](https://holderbook.com/stocks/MAXJ/) | $1.9M | 66,182 | 0.9% | 1 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $1.8M | 13,170 | 0.9% | 28 |
| FIRST TR EXCHNG TRADED FD VI | [FEBM](https://holderbook.com/stocks/FEBM/) | $1.8M | 61,224 | 0.9% | 3 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $1.8M | 15,145 | 0.9% | 26 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.8M | 3,550 | 0.9% | 28 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.8M | 25,723 | 0.9% | 12 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $1.7M | 10,000 | 0.8% | 25 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $1.7M | 27,568 | 0.8% | 3 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.6M | 2,005 | 0.8% | 23 |
| OWENS CORNING NEW | [OC](https://holderbook.com/stocks/OC/) | $1.6M | 11,256 | 0.8% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.6M | 6,158 | 0.8% | 28 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $1.5M | 53,641 | 0.7% | 16 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $1.5M | 17,874 | 0.7% | 5 |
| SOUTHSTATE CORPORATION | [SSBXXXX](https://holderbook.com/stocks/SSBXXXX/) | $1.5M | 14,734 | 0.7% | 22 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.5M | 17,352 | 0.7% | 15 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $1.4M | 1,234 | 0.7% | 4 |
| COGNIZANT TECHNOLOGY SOLUTIO | [CTSH](https://holderbook.com/stocks/CTSH/) | $1.4M | 20,585 | 0.7% | 18 |
| AMDOCS LTD | [DOX](https://holderbook.com/stocks/DOX/) | $1.4M | 16,570 | 0.7% | 23 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $1.4M | 7,251 | 0.7% | 2 |
| NATIONAL FUEL GAS CO | [NFG](https://holderbook.com/stocks/NFG/) | $1.3M | 14,571 | 0.7% | 19 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $1.3M | 42,529 | 0.7% | 6 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $1.3M | 16,784 | 0.6% | 27 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $1.2M | 9,952 | 0.6% | 8 |
| ULTA BEAUTY INC | [ULTA](https://holderbook.com/stocks/ULTA/) | $1.2M | 2,228 | 0.6% | 4 |
| SMUCKER J M CO | [SJM](https://holderbook.com/stocks/SJM/) | $1.2M | 11,050 | 0.6% | 2 |
| CABOT CORP | [CBT](https://holderbook.com/stocks/CBT/) | $1.2M | 15,603 | 0.6% | 2 |
| SEI INVTS CO | [SEIC](https://holderbook.com/stocks/SEIC/) | $1.2M | 13,853 | 0.6% | 15 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.2M | 2,543 | 0.6% | 7 |
| DROPBOX INC | [DBX](https://holderbook.com/stocks/DBX/) | $1.2M | 38,339 | 0.6% | 12 |
| CF INDUSTRIES HOLD | [CF](https://holderbook.com/stocks/CF/) | $1.1M | 12,199 | 0.5% | 8 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.0M | 9,175 | 0.5% | 28 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $1.0M | 30,817 | 0.5% | 6 |
| SPDR SERIES TRUST | [SPMB](https://holderbook.com/stocks/SPMB/) | $967.5K | 43,114 | 0.5% | 20 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $963.0K | 11,383 | 0.5% | 7 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $953.2K | 6,138 | 0.5% | 16 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $943.1K | 6,715 | 0.5% | 7 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $926.8K | 20,550 | 0.5% | 1 |
| FIRST TR EXCHNG TRADED FD VI | [SEPM](https://holderbook.com/stocks/SEPM/) | $900.5K | 28,652 | 0.4% | 4 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $895.4K | 3,100 | 0.4% | 11 |
| FIRST TR EXCHNG TRADED FD VI | [SMAY](https://holderbook.com/stocks/SMAY/) | $895.1K | 35,344 | 0.4% | 6 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $872.3K | 30,184 | 0.4% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $812.2K | 3,699 | 0.4% | 5 |
| COTERRA ENERGY INC | [CTRA](https://holderbook.com/stocks/CTRA/) | $800.9K | 33,864 | 0.4% | 9 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $778.3K | 1,020 | 0.4% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $746.2K | 1,441 | 0.4% | 28 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $679.0K | 2,865 | 0.3% | 2 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $678.8K | 14,671 | 0.3% | 18 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $666.8K | 3,515 | 0.3% | 5 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $652.5K | 1,407 | 0.3% | 28 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $650.7K | 22,193 | 0.3% | 2 |
| SPDR SERIES TRUST | [SPBO](https://holderbook.com/stocks/SPBO/) | $637.6K | 21,519 | 0.3% | 11 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $631.9K | 4,097 | 0.3% | 25 |
| INTERPUBLIC GROUP COS INC | [IPG](https://holderbook.com/stocks/IPG/) | $589.1K | 21,107 | 0.3% | 21 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $559.9K | 1,640 | 0.3% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $529.9K | 2,858 | 0.3% | 28 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $525.0K | 3,242 | 0.3% | 5 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $519.7K | 5,484 | 0.3% | 28 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $514.0K | 2,889 | 0.3% | 4 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $423.1K | 5,275 | 0.2% | 11 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $390.6K | 4,479 | 0.2% | 1 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $382.7K | 14,201 | 0.2% | 16 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $379.4K | 2,670 | 0.2% | 28 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $366.9K | 306 | 0.2% | 12 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $334.0K | 7,600 | 0.2% | 28 |
| HUB GROUP INC | [HUBG](https://holderbook.com/stocks/HUBG/) | $275.5K | 8,000 | 0.1% | 21 |
| ISHARES INC | [EWC](https://holderbook.com/stocks/EWC/) | $246.4K | 4,874 | 0.1% | 5 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $234.8K | 800 | 0.1% | 5 |
| SCILEX HOLDING CO | [SCLX](https://holderbook.com/stocks/SCLX/) | $233.7K | 11,873 | 0.1% | 1 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $219.4K | 3,321 | 0.1% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $217.2K | 7,691 | 0.1% | 3 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +3.5% | +7.8% | -4.3% | 91% |
| Q2 2025 | +5.1% | +10.5% | -5.3% | 93% |
| Q1 2025 | -2.6% | -4.6% | +2.0% | 100% |
| Q4 2024 | -1.2% | +2.1% | -3.3% | 100% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |
| Q2 2024 | -0.9% | +4.0% | -5.0% | 99% |
| Q1 2024 | +6.0% | +10.0% | -4.0% | 99% |
| Q4 2023 | +6.8% | +11.2% | -4.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $203.7M | 86 |
| Q2 2025 | $200.3M | 88 |
| Q1 2025 | $191.7M | 91 |
| Q4 2024 | $192.6M | 90 |
| Q3 2024 | $195.9M | 96 |
| Q2 2024 | $188.9M | 92 |
| Q1 2024 | $192.0M | 101 |
| Q4 2023 | $183.9M | 99 |
| Q3 2023 | $167.0M | 91 |
| Q2 2023 | $177.6M | 94 |
| Q1 2023 | $181.3M | 102 |
| Q4 2022 | $159.0M | 86 |