HOLLENCREST CAPITAL MANAGEMENT
•CIK: 1161722•Filing: Q4 2025
**HOLLENCREST CAPITAL MANAGEMENT** manages $2.7B across a diversified portfolio of 1,138 positions. The fund exhibits significant concentration in major indices and technology leaders, notably holding VOO at $399.9M and AAPL at $285.1M. Further top allocations include SPY ($183.1M), NDQ ($112.8M), and QQQM ($112.0M), signaling a core focus on broad market exposure and large-cap growth. This structure suggests a systematic, equity-heavy mandate targeting established market leaders.
Total AUM
$2.7B
+ $10.3M in options
QoQ Performance
+9.8%
Positions
1,122
+ 15 options
Top 10 Concentration
53.4%
Latest Filing
Q4 2025
Top Holdings Allocation
VOO
AAPL
SPY
VOO14.6%
AAPL10.4%
SPY6.7%
NDQ4.1%
QQQM4.1%
GOOGL3.7%
BRK/A2.6%
COST2.1%
📈 Biggest Buys
SPY
STATE STREET SPDR S&P 500 ETF
+12688.5%
6.7% of portfolio
RSDE
FT VEST U.S. EQUITY EQUAL WEIGHT BUFFER ETF - DECEMBER
NEW
1.9% of portfolio
XLK
STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF
+98.7%
1.9% of portfolio
AMZN
AMAZON COM INC COM
+3580.7%
0.6% of portfolio
PANW
PALO ALTO NETWORKS INC COM
+1119.9%
0.1% of portfolio
📉 Biggest Sells
Sector Breakdown
Other41.3%
ETF23.6%
Technology17.4%
Financial7.2%
Consumer5.8%
Healthcare2.6%
Industrial1.5%
Consumer Staples0.2%
🚪 Exited Positionssold since Q3 2025
+902 more exited positions
Changes from Q3 2025
NEW5 new positions
↑85 increased
↓57 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023