Data as of Q4 2025 (Dec 31, 2025)

INTEGRATED CAPITAL MANAGEMENT, INC.

โ€ขCIK: 1608826โ€ขFiling: Q4 2025

**INTEGRATED CAPITAL MANAGEMENT, INC.** manages $150M across a diversified portfolio of 60 positions. The fund exhibits significant concentration in select names, led by EFV ($20.2M) and AVLV ($19.7M), which together account for over 27% of reported assets. Notable allocations also include PDBC ($10.2M) and VIG ($9.5M), suggesting a tactical focus on specific sectors or market segments. This structure indicates a concentrated, high-conviction approach to capital deployment.

Total AUM
$150.4M
QoQ Performance
+4.9%
Positions
52
Top 10 Concentration
69.4%
Latest Filing
Q4 2025

Top Holdings Allocation

EFV
AVLV
PDBC
VIG
SPDW
SPTS
EFV13.4%
AVLV13.1%
PDBC6.8%
VIG6.3%
SPDW6.3%
SPTS5.0%
SPTM4.8%
EMLC4.7%

๐Ÿ“ˆ Biggest Buys

SPTB
SPDR SERIES TRUST
NEW
4.4% of portfolio
EFV
ISHARES TR
+3.4%
13.4% of portfolio
SPDW
SPDR INDEX SHS FDS
+5.1%
6.3% of portfolio
PDBC
INVESCO ACTVELY MNGD ETC FD
+4.4%
6.8% of portfolio
EMLC
VANECK ETF TRUST
+5.7%
4.7% of portfolio

๐Ÿ“‰ Biggest Sells

VIG
VANGUARD SPECIALIZED FUNDS
-0.7%
6.3% of portfolio
BTT
BLACKROCK MUN TARGET TERM TR
-2.7%
0.3% of portfolio
IWF
ISHARES TR
-0.4%
1.7% of portfolio
HFRO
HIGHLAND OPPS & INCOME FD
-3.9%
0.2% of portfolio
XFFCX
FLAHERTY & CRUMRINE PFD SECS
-2.4%
0.2% of portfolio

Sector Breakdown

Other99.7%
Technology0.3%

๐Ÿšช Exited Positionssold since Q3 2025

SPAB
SPDR SERIES TRUST
SOLD
$6.4M
XEXGX
EATON VANCE TAX-MANAGED GLOB
SOLD
$436.2K

Changes from Q3 2025

NEW3 new positions
โ†‘42 increased
โ†“14 decreased

Historical Filings

Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023