Sugar Maple Asset Management

SISTER BAY, WIfiles as Sugar Maple Asset Management, LLC

$155m in 81 US stocks at the end of 30 June 2026. The top 10 are 55.1% of the money. It changed about 14.1% of the portfolio this quarter.

Value

$155m

Stocks

Top 10 share

55.1%

Turnover

14.1%

What changed this quarter

New

Bought for the first time this quarter.

the Alger ETF TrustCNEQ
0.4% of the fund
Space Exploration TechnologiesSPCX
0.3% of the fund
EA Series TrustLENS
0.2% of the fund
AlphabetGOOGL
0.2% of the fund
Astera LabsALAB
0.2% of the fund
Spdr Series TrustSPYM
0.1% of the fund
Adma BiologicsADMA
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRTFLO
8.5% of the fund
+8%
Ishares TRSTIP
5.8% of the fund
+11%
Vaneck ETF TrustCLOI
2.7% of the fund
+2%
BNY Mellon ETF Trust IIBKDV
2.0% of the fund
+22%
Ishares TRSLQD
2.0% of the fund
+10%
State STR Spdr S&P 500 ETF TSPY
2.0% of the fund
+45%
Nicolet BanksharesNIC
1.5% of the fund
+4%
Fidelity Covington TrustFELG
1.1% of the fund
+3%
J P Morgan Exchange Traded FJAVA
0.9% of the fund
+2%
EA Series TrustFRDM
0.7% of the fund
+130%
IsharesEMXC
0.6% of the fund
+37%
Fidelity Merrimack STR TRFCOR
0.5% of the fund
+8%
AlphabetGOOG
0.5% of the fund
+3%
AppleAAPL
0.4% of the fund
+3%
Iovance BiotherapeuticsIOVA
0.4% of the fund
+13%
MicrosoftMSFT
0.3% of the fund
+8%
Capital GRP Fixed Incm ETF TCGSM
0.3% of the fund
+34%
TransMedics GroupTMDX
0.3% of the fund
+100%
SnapSNAP
0.3% of the fund
+14%
Innovator Etfs TrustPMAR
0.2% of the fund
+25%
Aquestive TherapeuticsAQST
0.2% of the fund
+43%

Cut

Sold some of their stake.

Spdr Gold TRGLD
8.0% of the fund
-7%
Ishares TRIVV
7.1% of the fund
-2%
Ishares Silver TRSLV
3.9% of the fund
-7%
Ishares TRSHY
3.8% of the fund
-9%
Fidelity Covington TrustFDRR
2.2% of the fund
-3%
Ishares TRUSMV
2.0% of the fund
-6%
Vanguard Specialized FundsVIG
1.9% of the fund
-3%
Harris Oakmark ETF TrustOAKM
1.4% of the fund
-22%
Ishares TRAGG
1.0% of the fund
-88%
Ishares TRITOT
1.0% of the fund
-4%
T Rowe Price Exchange-TradedTCAF
1.0% of the fund
-8%
Barclays BankVXX
0.9% of the fund
-7%
Ishares TRIWY
0.7% of the fund
-13%
Innovator Etfs TrustPOCT
0.6% of the fund
-15%
Innovator Etfs TrustQBUF
0.5% of the fund
-2%
Tempus AITEM
0.5% of the fund
-13%
RubrikRBRK
0.3% of the fund
-8%
Kimberly-ClarkKMB
0.2% of the fund
-15%
Bondbloxx ETF TrustXONE
0.2% of the fund
-65%
TalkspaceTALK
0.2% of the fund
-46%
Invesco QQQ TRQQQ
0.2% of the fund
-72%
Ishares TRIWF
0.2% of the fund
-50%
Fidelity Covington TrustFTEC
0.1% of the fund
-23%
Invesco Exch Traded FD TR IISPMO
0.1% of the fund
-35%

Sold out

Sold their entire stake.

Pacer FDS TRQDPL
-100%
Global X FDSURA
-100%
Halozyme TherapeuticsHALO
-100%
AppLovinAPP
-100%
Innovator Etfs TrustEOCT
-100%
Natixis ETF Trust IILSGR
-100%
Innovator Etfs TrustIOCT
-100%
MedlineMDLN
-100%
Cheniere EnergyLNG
-100%
Themes ETF TRPANG
-100%

Holdings

AbbVieABBV
Share
9.1%
Value
$14m
Shares
56,269
Held
Ishares TRTFLO
Share
8.5%
Value
$13m
Shares
260,362
+8%
Spdr Gold TRGLD
Share
8.0%
Value
$12m
Shares
33,865
-7%
Ishares TRIVV
Share
7.1%
Value
$11m
Shares
14,720
-2%
Ishares TRSTIP
Share
5.8%
Value
$9m
Shares
88,680
+11%
Abbott LaboratoriesABT
Share
3.9%
Value
$6m
Shares
67,187
Held
Ishares Silver TRSLV
Share
3.9%
Value
$6m
Shares
113,239
-7%
Ishares TRSHY
Share
3.8%
Value
$6m
Shares
71,729
-9%
Vaneck ETF TrustCLOI
Share
2.7%
Value
$4m
Shares
77,902
+2%
Fidelity Covington TrustFDRR
Share
2.2%
Value
$3m
Shares
51,720
-3%
BNY Mellon ETF Trust IIBKDV
Share
2.0%
Value
$3m
Shares
93,788
+22%
Ishares TRUSMV
Share
2.0%
Value
$3m
Shares
32,549
-6%
Ishares TRSLQD
Share
2.0%
Value
$3m
Shares
62,128
+10%
State STR Spdr S&P 500 ETF TSPY
Share
2.0%
Value
$3m
Shares
4,053
+45%
Vanguard Specialized FundsVIG
Share
1.9%
Value
$3m
Shares
12,703
-3%
Palo Alto NetworksPANW
Share
1.9%
Value
$3m
Shares
8,558
Held
Spdr Series TrustSDY
Share
1.8%
Value
$3m
Shares
18,606
Held
Fidelity Merrimack STR TRFBND
Share
1.6%
Value
$3m
Shares
55,170
Held
Nicolet BanksharesNIC
Share
1.5%
Value
$2m
Shares
14,457
+4%
Harris Oakmark ETF TrustOAKM
Share
1.4%
Value
$2m
Shares
77,466
-22%
Fidelity Covington TrustFELG
Share
1.1%
Value
$2m
Shares
38,891
+3%
Alliant EnergyLNT
Share
1.0%
Value
$2m
Shares
20,183
Held
Ishares TRAGG
Share
1.0%
Value
$2m
Shares
15,540
-88%
Ishares TRITOT
Share
1.0%
Value
$2m
Shares
9,270
-4%
T Rowe Price Exchange-TradedTCAF
Share
1.0%
Value
$1m
Shares
35,994
-8%
Innovator Etfs TrustZALT
Share
1.0%
Value
$1m
Shares
43,545
Held
J P Morgan Exchange Traded FJAVA
Share
0.9%
Value
$1m
Shares
18,176
+2%
Barclays BankVXX
Share
0.9%
Value
$1m
Shares
63,700
-7%
Proshares TRDOG
Share
0.9%
Value
$1m
Shares
63,000
Held
Goldman Sachs ETF TRGBIL
Share
0.8%
Value
$1m
Shares
12,395
Held
NvidiaNVDA
Share
0.8%
Value
$1m
Shares
5,975
Held
Fidelity Covington TrustFBCG
Share
0.7%
Value
$1m
Shares
18,618
Held
Calamos ETF TRCPSM
Share
0.7%
Value
$1m
Shares
39,000
Held
EA Series TrustFRDM
Share
0.7%
Value
$1m
Shares
14,894
+130%
Ishares TRIWY
Share
0.7%
Value
$1m
Shares
3,665
-13%
Innovator Etfs TrustPOCT
Share
0.6%
Value
$996,980
Shares
21,482
-15%
IsharesEMXC
Share
0.6%
Value
$981,364
Shares
9,593
+37%
Fidelity Merrimack STR TRFCOR
Share
0.5%
Value
$800,031
Shares
16,968
+8%
Amazon.comAMZN
Share
0.5%
Value
$774,367
Shares
3,249
Held
Innovator Etfs TrustQBUF
Share
0.5%
Value
$736,633
Shares
23,943
-2%
AlphabetGOOG
Share
0.5%
Value
$716,907
Shares
2,029
+3%
Tempus AITEM
Share
0.5%
Value
$709,643
Shares
12,250
-13%
Proshares TRSH
Share
0.5%
Value
$704,548
Shares
21,337
Held
the Alger ETF TrustCNEQ
Share
0.4%
Value
$696,184
Shares
16,869
New
Innovator Etfs TrustRBUF
Share
0.4%
Value
$647,148
Shares
20,822
Held
Bondbloxx ETF TrustXHLF
Share
0.4%
Value
$630,301
Shares
12,531
Held
AppleAAPL
Share
0.4%
Value
$605,579
Shares
2,093
+3%
Iovance BiotherapeuticsIOVA
Share
0.4%
Value
$561,600
Shares
135,000
+13%
Ishares TRSGOV
Share
0.4%
Value
$560,919
Shares
5,572
Held
Ishares TRVLUE
Share
0.3%
Value
$536,490
Shares
2,685
Held
Innovator Etfs TrustPAUG
Share
0.3%
Value
$512,674
Shares
11,233
Held
MicrosoftMSFT
Share
0.3%
Value
$485,150
Shares
1,301
+8%
Space Exploration TechnologiesSPCX
Share
0.3%
Value
$478,408
Shares
2,800
New
Innovator Etfs TrustBALT
Share
0.3%
Value
$462,645
Shares
13,500
Held
Pgim Rock ETF TRAUGP
Share
0.3%
Value
$446,441
Shares
13,500
Held
RubrikRBRK
Share
0.3%
Value
$441,540
Shares
5,500
-8%
Vanguard MUN BD FDSVSDM
Share
0.3%
Value
$411,298
Shares
5,367
Held
Capital GRP Fixed Incm ETF TCGSM
Share
0.3%
Value
$403,441
Shares
15,291
+34%
TransMedics GroupTMDX
Share
0.3%
Value
$398,520
Shares
6,000
+100%
SnapSNAP
Share
0.3%
Value
$389,388
Shares
87,700
+14%
Innovator Etfs TrustIBUF
Share
0.2%
Value
$381,538
Shares
12,120
Held
Innovator Etfs TrustPMAR
Share
0.2%
Value
$381,299
Shares
7,982
+25%
Kimberly-ClarkKMB
Share
0.2%
Value
$380,902
Shares
3,470
-15%
Bondbloxx ETF TrustXONE
Share
0.2%
Value
$380,706
Shares
7,711
-65%
Vanguard Index FDSVTI
Share
0.2%
Value
$371,890
Shares
1,005
Held
TalkspaceTALK
Share
0.2%
Value
$364,000
Shares
70,000
-46%
EA Series TrustLENS
Share
0.2%
Value
$349,094
Shares
9,000
New
ASML Holding NVASML
Share
0.2%
Value
$348,152
Shares
175
Held
Aquestive TherapeuticsAQST
Share
0.2%
Value
$345,530
Shares
83,060
+43%
Vaneck ETF TrustFLTR
Share
0.2%
Value
$321,923
Shares
12,570
Held
Invesco QQQ TRQQQ
Share
0.2%
Value
$294,560
Shares
400
-72%
Ishares TRSHV
Share
0.2%
Value
$269,585
Shares
2,443
Held
AlphabetGOOGL
Share
0.2%
Value
$249,087
Shares
697
New
Ishares TRIWF
Share
0.2%
Value
$247,843
Shares
1,996
-50%
Astera LabsALAB
Share
0.2%
Value
$241,510
Shares
500
New
Procter & GamblePG
Share
0.1%
Value
$229,580
Shares
1,566
Held
Fidelity Covington TrustFTEC
Share
0.1%
Value
$214,185
Shares
750
-23%
Invesco Exch Traded FD TR IISPMO
Share
0.1%
Value
$205,156
Shares
1,270
-35%
Spdr Series TrustSPYM
Share
0.1%
Value
$201,245
Shares
2,290
New
Adma BiologicsADMA
Share
<0.1%
Value
$129,735
Shares
15,500
New
Under ArmourUA
Share
<0.1%
Value
$65,310
Shares
10,500
Held

Company	Share of fund	Value	Shares	Change
AbbVieABBV	9.1%	$14m	56,269	Held
Ishares TRTFLO	8.5%	$13m	260,362	+8%
Spdr Gold TRGLD	8.0%	$12m	33,865	-7%
Ishares TRIVV	7.1%	$11m	14,720	-2%
Ishares TRSTIP	5.8%	$9m	88,680	+11%
Abbott LaboratoriesABT	3.9%	$6m	67,187	Held
Ishares Silver TRSLV	3.9%	$6m	113,239	-7%
Ishares TRSHY	3.8%	$6m	71,729	-9%
Vaneck ETF TrustCLOI	2.7%	$4m	77,902	+2%
Fidelity Covington TrustFDRR	2.2%	$3m	51,720	-3%
BNY Mellon ETF Trust IIBKDV	2.0%	$3m	93,788	+22%
Ishares TRUSMV	2.0%	$3m	32,549	-6%
Ishares TRSLQD	2.0%	$3m	62,128	+10%
State STR Spdr S&P 500 ETF TSPY	2.0%	$3m	4,053	+45%
Vanguard Specialized FundsVIG	1.9%	$3m	12,703	-3%
Palo Alto NetworksPANW	1.9%	$3m	8,558	Held
Spdr Series TrustSDY	1.8%	$3m	18,606	Held
Fidelity Merrimack STR TRFBND	1.6%	$3m	55,170	Held
Nicolet BanksharesNIC	1.5%	$2m	14,457	+4%
Harris Oakmark ETF TrustOAKM	1.4%	$2m	77,466	-22%
Fidelity Covington TrustFELG	1.1%	$2m	38,891	+3%
Alliant EnergyLNT	1.0%	$2m	20,183	Held
Ishares TRAGG	1.0%	$2m	15,540	-88%
Ishares TRITOT	1.0%	$2m	9,270	-4%
T Rowe Price Exchange-TradedTCAF	1.0%	$1m	35,994	-8%
Innovator Etfs TrustZALT	1.0%	$1m	43,545	Held
J P Morgan Exchange Traded FJAVA	0.9%	$1m	18,176	+2%
Barclays BankVXX	0.9%	$1m	63,700	-7%
Proshares TRDOG	0.9%	$1m	63,000	Held
Goldman Sachs ETF TRGBIL	0.8%	$1m	12,395	Held
NvidiaNVDA	0.8%	$1m	5,975	Held
Fidelity Covington TrustFBCG	0.7%	$1m	18,618	Held
Calamos ETF TRCPSM	0.7%	$1m	39,000	Held
EA Series TrustFRDM	0.7%	$1m	14,894	+130%
Ishares TRIWY	0.7%	$1m	3,665	-13%
Innovator Etfs TrustPOCT	0.6%	$996,980	21,482	-15%
IsharesEMXC	0.6%	$981,364	9,593	+37%
Fidelity Merrimack STR TRFCOR	0.5%	$800,031	16,968	+8%
Amazon.comAMZN	0.5%	$774,367	3,249	Held
Innovator Etfs TrustQBUF	0.5%	$736,633	23,943	-2%
AlphabetGOOG	0.5%	$716,907	2,029	+3%
Tempus AITEM	0.5%	$709,643	12,250	-13%
Proshares TRSH	0.5%	$704,548	21,337	Held
the Alger ETF TrustCNEQ	0.4%	$696,184	16,869	New
Innovator Etfs TrustRBUF	0.4%	$647,148	20,822	Held
Bondbloxx ETF TrustXHLF	0.4%	$630,301	12,531	Held
AppleAAPL	0.4%	$605,579	2,093	+3%
Iovance BiotherapeuticsIOVA	0.4%	$561,600	135,000	+13%
Ishares TRSGOV	0.4%	$560,919	5,572	Held
Ishares TRVLUE	0.3%	$536,490	2,685	Held
Innovator Etfs TrustPAUG	0.3%	$512,674	11,233	Held
MicrosoftMSFT	0.3%	$485,150	1,301	+8%
Space Exploration TechnologiesSPCX	0.3%	$478,408	2,800	New
Innovator Etfs TrustBALT	0.3%	$462,645	13,500	Held
Pgim Rock ETF TRAUGP	0.3%	$446,441	13,500	Held
RubrikRBRK	0.3%	$441,540	5,500	-8%
Vanguard MUN BD FDSVSDM	0.3%	$411,298	5,367	Held
Capital GRP Fixed Incm ETF TCGSM	0.3%	$403,441	15,291	+34%
TransMedics GroupTMDX	0.3%	$398,520	6,000	+100%
SnapSNAP	0.3%	$389,388	87,700	+14%
Innovator Etfs TrustIBUF	0.2%	$381,538	12,120	Held
Innovator Etfs TrustPMAR	0.2%	$381,299	7,982	+25%
Kimberly-ClarkKMB	0.2%	$380,902	3,470	-15%
Bondbloxx ETF TrustXONE	0.2%	$380,706	7,711	-65%
Vanguard Index FDSVTI	0.2%	$371,890	1,005	Held
TalkspaceTALK	0.2%	$364,000	70,000	-46%
EA Series TrustLENS	0.2%	$349,094	9,000	New
ASML Holding NVASML	0.2%	$348,152	175	Held
Aquestive TherapeuticsAQST	0.2%	$345,530	83,060	+43%
Vaneck ETF TrustFLTR	0.2%	$321,923	12,570	Held
Invesco QQQ TRQQQ	0.2%	$294,560	400	-72%
Ishares TRSHV	0.2%	$269,585	2,443	Held
AlphabetGOOGL	0.2%	$249,087	697	New
Ishares TRIWF	0.2%	$247,843	1,996	-50%
Astera LabsALAB	0.2%	$241,510	500	New
Procter & GamblePG	0.1%	$229,580	1,566	Held
Fidelity Covington TrustFTEC	0.1%	$214,185	750	-23%
Invesco Exch Traded FD TR IISPMO	0.1%	$205,156	1,270	-35%
Spdr Series TrustSPYM	0.1%	$201,245	2,290	New
Adma BiologicsADMA	<0.1%	$129,735	15,500	New
Under ArmourUA	<0.1%	$65,310	10,500	Held

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 20.9% since 30 June 2025.

Where the money is

Health care14.2%

Technology4.8%

Financial services1.5%

Utilities1.0%

Media & telecom0.6%

Retail & consumer0.5%

Everyday goods0.4%

Industrials0.2%

Other76.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.