# Pine Valley Investments Ltd Liability Co

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1975417. Source: https://holderbook.com/funds/1975417-pine-valley-investments-ltd-liability-co/

- Reported value: $2.5B
- Positions: 571
- Weight of the ten largest: 26.1%
- Filed: 2026-07-24

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 |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $160.8M | 150,229 | 6.3% | 13 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $73.4M | 253,635 | 2.9% | 13 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $71.1M | 62,406 | 2.8% | 13 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $69.0M | 344,578 | 2.7% | 13 |
| GRAPHIC PACKAGING HLDG CO | [GPK](https://holderbook.com/stocks/GPK/) | $52.1M | 3,498,201 | 2.1% | 1 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $51.1M | 704,858 | 2.0% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $49.8M | 63,332 | 2.0% | 7 |
| CENTENE CORP DEL | [CNC](https://holderbook.com/stocks/CNC/) | $49.0M | 764,100 | 1.9% | 3 |
| CELANESE CORP DEL | [CE](https://holderbook.com/stocks/CE/) | $43.4M | 943,765 | 1.7% | 5 |
| HARLEY DAVIDSON INC | [HOG](https://holderbook.com/stocks/HOG/) | $41.5M | 1,327,218 | 1.6% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $40.3M | 108,104 | 1.6% | 13 |
| MOLINA HEALTHCARE INC | [MOH](https://holderbook.com/stocks/MOH/) | $38.6M | 168,695 | 1.5% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $37.1M | 104,929 | 1.5% | 13 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $33.1M | 138,869 | 1.3% | 13 |
| VICTORY PORTFOLIOS II | [UITB](https://holderbook.com/stocks/UITB/) | $31.1M | 664,602 | 1.2% | 9 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $29.5M | 116,193 | 1.2% | 13 |
| COLUMBIA ETF TR I | [CRUX](https://holderbook.com/stocks/CRUX/) | $29.3M | 978,219 | 1.2% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $28.8M | 80,658 | 1.1% | 13 |
| ADT INC DEL | [ADT](https://holderbook.com/stocks/ADT/) | $27.2M | 4,159,167 | 1.1% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [FTCB](https://holderbook.com/stocks/FTCB/) | $25.1M | 1,204,179 | 1.0% | 5 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $24.4M | 626,414 | 1.0% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $24.0M | 296,008 | 0.9% | 13 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $22.5M | 445,468 | 0.9% | 13 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $22.1M | 39,322 | 0.9% | 13 |
| ASSURED GUARANTY LTD | [AGO](https://holderbook.com/stocks/AGO/) | $21.6M | 253,136 | 0.9% | 3 |
| EQT CORP | [EQT](https://holderbook.com/stocks/EQT/) | $19.6M | 368,863 | 0.8% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JBND](https://holderbook.com/stocks/JBND/) | $19.4M | 362,470 | 0.8% | 9 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $19.2M | 26,491 | 0.8% | 13 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $18.7M | 24,935 | 0.7% | 13 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $18.1M | 72,077 | 0.7% | 13 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $17.7M | 40,793 | 0.7% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $17.5M | 404,553 | 0.7% | 13 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $16.8M | 109,573 | 0.7% | 7 |
| J P MORGAN EXCHANGE TRADED F | [JTEK](https://holderbook.com/stocks/JTEK/) | $16.8M | 150,776 | 0.7% | 2 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $16.6M | 102,279 | 0.7% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $16.5M | 36,839 | 0.7% | 13 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $16.1M | 356,418 | 0.6% | 13 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $16.0M | 116,769 | 0.6% | 13 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $15.8M | 584,239 | 0.6% | 6 |
| FLOWERS FOODS INC | [FLO](https://holderbook.com/stocks/FLO/) | $15.7M | 1,987,882 | 0.6% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JIVE](https://holderbook.com/stocks/JIVE/) | $15.6M | 169,449 | 0.6% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [TDIV](https://holderbook.com/stocks/TDIV/) | $15.3M | 132,979 | 0.6% | 13 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $15.3M | 46,612 | 0.6% | 13 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $15.0M | 58,802 | 0.6% | 12 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $14.8M | 12,163 | 0.6% | 9 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $14.4M | 202,032 | 0.6% | 13 |
| PROSHARES TR | [ISPY](https://holderbook.com/stocks/ISPY/) | $13.9M | 287,723 | 0.5% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $13.7M | 71,882 | 0.5% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $13.2M | 19,196 | 0.5% | 13 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $13.1M | 1,279 | 0.5% | 1 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $12.9M | 147,160 | 0.5% | 13 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $12.7M | 10,622 | 0.5% | 13 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $12.2M | 35,457 | 0.5% | 13 |
| COLUMBIA ETF TR II | [XCEM](https://holderbook.com/stocks/XCEM/) | $12.1M | 228,117 | 0.5% | 11 |
| JANUS DETROIT STR TR | [JSI](https://holderbook.com/stocks/JSI/) | $12.0M | 234,335 | 0.5% | 7 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMM](https://holderbook.com/stocks/JHMM/) | $11.9M | 159,268 | 0.5% | 10 |
| COLUMBIA ETF TR I | [RECS](https://holderbook.com/stocks/RECS/) | $11.2M | 259,027 | 0.4% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $11.1M | 31,465 | 0.4% | 13 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $10.7M | 14,067 | 0.4% | 13 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $10.4M | 20,346 | 0.4% | 13 |
| FIRST TR EXCHANGE TRADED FD | [CIBR](https://holderbook.com/stocks/CIBR/) | $10.3M | 114,095 | 0.4% | 10 |
| MATTEL INC | [MAT](https://holderbook.com/stocks/MAT/) | $10.1M | 725,249 | 0.4% | 1 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $10.0M | 33,570 | 0.4% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $10.0M | 116,065 | 0.4% | 13 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $10.0M | 23,676 | 0.4% | 13 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $9.8M | 15,414 | 0.4% | 13 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $9.5M | 64,003 | 0.4% | 13 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $8.9M | 8,810 | 0.4% | 13 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $8.7M | 17,403 | 0.3% | 13 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $8.6M | 51,691 | 0.3% | 13 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $8.3M | 829 | 0.3% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $8.2M | 37,841 | 0.3% | 13 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $8.1M | 71,899 | 0.3% | 13 |
| VICTORY PORTFOLIOS II | [VFLO](https://holderbook.com/stocks/VFLO/) | $8.1M | 176,838 | 0.3% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $8.0M | 7,518 | 0.3% | 12 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $7.9M | 67,799 | 0.3% | 11 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $7.8M | 57,842 | 0.3% | 13 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $7.7M | 26,314 | 0.3% | 13 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $7.6M | 25,045 | 0.3% | 13 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $7.4M | 7,866 | 0.3% | 13 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $7.2M | 37,203 | 0.3% | 12 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $7.2M | 19,222 | 0.3% | 12 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $7.0M | 37,022 | 0.3% | 7 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $7.0M | 54,242 | 0.3% | 13 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $6.7M | 5,683 | 0.3% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $6.5M | 12,927 | 0.3% | 13 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $6.4M | 133,727 | 0.3% | 13 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $6.3M | 12,250 | 0.2% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $6.2M | 41,979 | 0.2% | 13 |
| VICTORY PORTFOLIOS II | [USTB](https://holderbook.com/stocks/USTB/) | $6.1M | 119,596 | 0.2% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $6.0M | 71,959 | 0.2% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $6.0M | 100,382 | 0.2% | 13 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $6.0M | 163,848 | 0.2% | 8 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $5.9M | 82,647 | 0.2% | 13 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $5.9M | 39,941 | 0.2% | 13 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $5.8M | 5,138 | 0.2% | 13 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $5.8M | 20,558 | 0.2% | 13 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $5.7M | 131,498 | 0.2% | 13 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $5.7M | 302,878 | 0.2% | 13 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $5.7M | 134,759 | 0.2% | 13 |

## 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 |
|---|---|---|---|---|
| Q1 2026 | -1.1% | -4.6% | +3.5% | 93% |
| Q4 2025 | +3.8% | +2.4% | +1.5% | 94% |
| Q3 2025 | +9.5% | +7.8% | +1.7% | 94% |
| Q2 2025 | +7.0% | +10.5% | -3.5% | 94% |
| Q1 2025 | -0.1% | -4.6% | +4.4% | 92% |
| Q4 2024 | -0.5% | +2.1% | -2.6% | 88% |
| Q3 2024 | +6.7% | +5.4% | +1.3% | 87% |
| Q2 2024 | +2.4% | +4.0% | -1.6% | 86% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $2.5B | 571 |
| Q4 2025 | $2.2B | 518 |
| Q3 2025 | $2.0B | 519 |
| Q2 2025 | $1.8B | 510 |
| Q1 2025 | $1.7B | 501 |
| Q4 2024 | $1.7B | 489 |
| Q3 2024 | $1.7B | 484 |
| Q2 2024 | $1.5B | 451 |
| Q1 2024 | $1.5B | 451 |
| Q4 2023 | $1.4B | 456 |
| Q3 2023 | $1.1B | 440 |
| Q2 2023 | $1.0B | 400 |