13F COMBINATION REPORT

CONDOR CAPITAL MANAGEMENT

Quarter ended Q4 2025 · Filed February 6, 2026 · Accession 0001082491-26-000001

Total Value

$1.24B

Positions

183

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (183)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908363	228,320	$143.2M	11.59%
2	VANGUARD INDEX FDS	922908744	356,046	$68.0M	5.50%
3	VANGUARD INDEX FDS	922908736	138,428	$67.5M	5.47%
4	ISHARES TR	46432F842	527,353	$47.2M	3.82%
5	APPLE INC	AAPL	130,868	$35.6M	2.88%
6	VANGUARD SCOTTSDALE FDS	92206C714	378,773	$35.0M	2.83%
7	ISHARES TR	464287614	70,698	$33.5M	2.71%
8	ISHARES TR	464287408	149,231	$31.6M	2.56%
9	VANGUARD INDEX FDS	922908512	173,073	$30.7M	2.49%
10	ALPHABET INC	GOOG	85,851	$26.9M	2.18%
11	VANGUARD SCOTTSDALE FDS	92206C680	218,301	$26.6M	2.15%
12	SPDR S&P 500 ETF TR	SPY	36,416	$24.8M	2.01%
13	MICROSOFT CORP	MSFT	49,476	$23.9M	1.94%
14	VANGUARD INDEX FDS	922908629	80,124	$23.3M	1.88%
15	VANGUARD INDEX FDS	922908538	71,437	$19.9M	1.61%
16	META PLATFORMS INC	META	29,536	$19.5M	1.58%
17	AMERICAN CENTY ETF TR	025072398	407,883	$18.0M	1.46%
18	CAPITAL GRP FIXED INCM ETF T	14020Y102	786,241	$17.8M	1.44%
19	ISHARES INC	46434G103	259,499	$17.4M	1.41%
20	AMAZON COM INC	AMZN	69,816	$16.1M	1.30%
21	PIMCO ETF TR	72201R783	166,397	$15.8M	1.28%
22	BLACKROCK ETF TRUST II	BLK	291,293	$15.4M	1.24%
23	HARTFORD FDS EXCHANGE TRADED	41653L305	389,283	$13.3M	1.08%
24	PIMCO ETF TR	72201R874	260,714	$13.1M	1.06%
25	J P MORGAN EXCHANGE TRADED F	46641Q647	257,668	$13.0M	1.05%
26	NEW YORK LIFE INVTS ACTIVE E	45409F827	495,798	$12.1M	0.98%
27	VANECK ETF TRUST	92189F411	812,485	$11.5M	0.93%
28	ISHARES TR	464287804	92,188	$11.1M	0.90%
29	INVESCO EXCH TRADED FD TR II	IVZ	192,807	$10.8M	0.87%
30	VANGUARD SCOTTSDALE FDS	92206C409	133,534	$10.6M	0.86%
31	INVESCO EXCHANGE TRADED FD T	IVZ	229,913	$10.5M	0.85%
32	PUTNAM ETF TRUST	746729508	340,779	$10.4M	0.84%
33	WISDOMTREE TR	WT	171,045	$9.1M	0.73%
34	AMERICAN CENTY ETF TR	025072505	168,085	$8.5M	0.69%
35	MASTERCARD INCORPORATED	MA	14,544	$8.3M	0.67%
36	VISA INC	V	23,409	$8.2M	0.66%
37	FIDELITY COVINGTON TRUST	316092782	113,496	$8.2M	0.66%
38	ISHARES TR	464288158	75,734	$8.1M	0.65%
39	AMERICAN EXPRESS CO	AXP	21,119	$7.8M	0.63%
40	SPDR SERIES TRUST	78464A854	94,328	$7.6M	0.61%
41	ISHARES TR	464287481	51,145	$7.0M	0.57%
42	HCA HEALTHCARE INC	HCA	13,942	$6.5M	0.53%
43	VANECK FDS	92107P772	119,963	$6.1M	0.49%
44	TRANE TECHNOLOGIES PLC	TT	15,232	$5.9M	0.48%
45	UNITED RENTALS INC	URI	7,270	$5.9M	0.48%
46	SCHWAB CHARLES CORP	SCHW-PJ	58,415	$5.8M	0.47%
47	SLR INVESTMENT CORP	SLRC	374,063	$5.8M	0.47%
48	BLACKSTONE MTG TR INC	BX	293,843	$5.6M	0.46%
49	TPG RE FIN TR INC	TPGXL	646,943	$5.6M	0.45%
50	VANGUARD INDEX FDS	922908751	21,371	$5.5M	0.45%
51	TWILIO INC	TWLO	36,727	$5.2M	0.42%
52	MIDCAP FINANCIAL INVSTMNT CO	03761U502	456,217	$5.2M	0.42%
53	JPMORGAN CHASE & CO.	VYLD	16,164	$5.2M	0.42%
54	CRESCENT CAP BDC INC	225655109	366,887	$5.2M	0.42%
55	VANGUARD TAX-MANAGED FDS	921943858	81,980	$5.1M	0.41%
56	PARKER-HANNIFIN CORP	PH	5,780	$5.1M	0.41%
57	GOLUB CAP BDC INC	38173M102	373,818	$5.1M	0.41%
58	LOWES COS INC	548661107	20,477	$4.9M	0.40%
59	ISHARES TR	464288885	42,809	$4.9M	0.39%
60	ALPHABET INC	GOOG	15,381	$4.8M	0.39%
61	ARES CAPITAL CORP	ARCC	231,926	$4.7M	0.38%
62	FIRST TR EXCH TRADED FD III	33739P830	230,777	$4.6M	0.37%
63	GOLDMAN SACHS GROUP INC	GSCE	5,238	$4.6M	0.37%
64	HOME DEPOT INC	HD	12,960	$4.5M	0.36%
65	BLUE OWL CAPITAL CORPORATION	OWL	345,178	$4.3M	0.35%
66	SALESFORCE INC	CRM	15,703	$4.2M	0.34%
67	ISHARES TR	464287200	5,672	$3.9M	0.31%
68	VANECK ETF TRUST	92189F528	221,906	$3.9M	0.31%
69	SCHWAB STRATEGIC TR	808524805	157,034	$3.8M	0.31%
70	STRYKER CORPORATION	SYK	10,712	$3.8M	0.30%
71	SCHWAB STRATEGIC TR	808524201	132,261	$3.6M	0.29%
72	WALMART INC	WMT	31,504	$3.5M	0.28%
73	FRANKLIN BSP RLTY TR INC	35243J101	344,859	$3.5M	0.28%
74	KKR REAL ESTATE FIN TR INC	KKRT	418,225	$3.4M	0.28%
75	SCHWAB STRATEGIC TR	808524300	103,763	$3.4M	0.27%
76	L3HARRIS TECHNOLOGIES INC	LHX	11,467	$3.4M	0.27%
77	GENERAL DYNAMICS CORP	GD	9,681	$3.3M	0.26%
78	DISNEY WALT CO	254687106	28,431	$3.2M	0.26%
79	ISHARES TR	464287721	15,708	$3.1M	0.25%
80	UNION PAC CORP	UNP	13,522	$3.1M	0.25%
81	ISHARES TR	464287473	21,894	$3.1M	0.25%
82	COSTCO WHSL CORP NEW	22160K105	3,564	$3.1M	0.25%
83	BERKSHIRE HATHAWAY INC DEL	BRK-A	5,966	$3.0M	0.24%
84	VERTEX PHARMACEUTICALS INC	VRTX	6,487	$2.9M	0.24%
85	AUTOZONE INC	AZO	857	$2.9M	0.24%
86	JEFFERIES FINL GROUP INC	47233W109	46,671	$2.9M	0.23%
87	JOHNSON & JOHNSON	JNJ	13,544	$2.8M	0.23%
88	ISHARES TR	464287523	9,214	$2.8M	0.22%
89	STELLUS CAP INVT CORP	858568108	214,438	$2.7M	0.22%
90	TELEDYNE TECHNOLOGIES INC	TDY	5,221	$2.7M	0.22%
91	FIRST TR EXCHANGE-TRADED FD	33739Q200	52,257	$2.6M	0.21%
92	TJX COS INC NEW	872540109	16,115	$2.5M	0.20%
93	SNAP ON INC	SNA	6,990	$2.4M	0.20%
94	SHERWIN WILLIAMS CO	SHW	7,200	$2.3M	0.19%
95	ADOBE INC	ADBE	6,596	$2.3M	0.19%
96	UBER TECHNOLOGIES INC	UBER	28,146	$2.3M	0.19%
97	HUBBELL INC	HUBB	5,104	$2.3M	0.18%
98	WISDOMTREE TR	WT	44,144	$2.1M	0.17%
99	TRACTOR SUPPLY CO	TSCO	41,738	$2.1M	0.17%
100	INVESCO EXCHANGE TRADED FD T	IVZ	17,727	$1.8M	0.15%
101	MARRIOTT INTL INC NEW	571903202	5,557	$1.7M	0.14%
102	CHICAGO ATLANTIC BDC INC	LIEN	166,274	$1.7M	0.14%
103	ISHARES TR	464287507	25,522	$1.7M	0.14%
104	FIRST TR EXCHANGE TRADED FD	33734X846	22,621	$1.6M	0.13%
105	FIRST TR EXCHANGE-TRADED FD	33739Q408	26,670	$1.6M	0.13%
106	DIGITAL RLTY TR INC	253868103	10,320	$1.6M	0.13%
107	CORPAY INC	CPAY	5,059	$1.5M	0.12%
108	BERKSHIRE HATHAWAY INC DEL	BRK-A	2	$1.5M	0.12%
109	CBRE GROUP INC	CBRE	9,016	$1.4M	0.12%
110	WISDOMTREE TR	WT	37,123	$1.4M	0.12%
111	GENERAC HLDGS INC	GNRC	10,604	$1.4M	0.12%
112	VANGUARD INDEX FDS	922908611	6,250	$1.3M	0.11%
113	SCHWAB STRATEGIC TR	808524409	44,115	$1.3M	0.11%
114	ISHARES TR	464287465	13,261	$1.3M	0.10%
115	COLUMBIA ETF TR I	19761L607	61,477	$1.3M	0.10%
116	JANUS DETROIT STR TR	47103U845	25,016	$1.3M	0.10%
117	EATON CORP PLC	ETN	3,778	$1.2M	0.10%
118	INVESCO QQQ TR	IVZ	1,900	$1.2M	0.09%
119	SCHWAB STRATEGIC TR	808524508	37,961	$1.1M	0.09%
120	ISHARES TR	464287689	2,936	$1.1M	0.09%
121	FIDELITY WISE ORIGIN BITCOIN	FBTC	14,315	$1.1M	0.09%
122	MARVELL TECHNOLOGY INC	MRVL	11,744	$998,005	0.08%
123	VANGUARD WHITEHALL FDS	921946406	6,928	$994,447	0.08%
124	INVESCO EXCHANGE TRADED FD T	IVZ	14,787	$983,631	0.08%
125	FIRST TR EXCHNG TRADED FD VI	33740F805	22,081	$978,630	0.08%
126	ISHARES TR	46435U853	23,875	$892,819	0.07%
127	NEUROCRINE BIOSCIENCES INC	NBIX	6,294	$892,678	0.07%
128	SELECT SECTOR SPDR TR	81369Y209	5,644	$873,691	0.07%
129	TESLA INC	TSLA	1,850	$831,982	0.07%
130	VANGUARD WORLD FD	92204A108	1,925	$758,296	0.06%
131	DIMENSIONAL ETF TRUST	25434V401	10,093	$748,598	0.06%
132	INTUITIVE SURGICAL INC	ISRG	1,319	$747,034	0.06%
133	J P MORGAN EXCHANGE TRADED F	46641Q837	14,728	$745,108	0.06%
134	GRAYSCALE BITCOIN MINI TR ET	389930207	19,153	$741,796	0.06%
135	SELECT SECTOR SPDR TR	81369Y704	4,735	$734,493	0.06%
136	NVIDIA CORPORATION	NVDA	3,871	$721,959	0.06%
137	VANGUARD INDEX FDS	922908769	1,973	$661,579	0.05%
138	VANGUARD SCOTTSDALE FDS	92206C870	7,698	$644,785	0.05%
139	SPDR SERIES TRUST	78464A821	6,880	$635,918	0.05%
140	SELECT SECTOR SPDR TR	81369Y605	11,082	$606,965	0.05%
141	SCHWAB STRATEGIC TR	808524607	20,388	$580,678	0.05%
142	SPOTIFY TECHNOLOGY S A	SPOT	990	$574,909	0.05%
143	VANGUARD SPECIALIZED FUNDS	921908844	2,607	$572,966	0.05%
144	INVESCO ACTIVELY MANAGED EXC	IVZ	11,125	$559,035	0.05%
145	ISHARES TR	464287309	4,346	$535,770	0.04%
146	VANGUARD WORLD FD	92204A884	2,507	$485,430	0.04%
147	GRAYSCALE ETHEREUM MINI TR E	38964R203	16,370	$459,342	0.04%
148	FIRST TR EXCHANGE TRADED FD	33738R704	4,419	$434,538	0.04%
149	VILLAGE FARMS INTL INC	92707Y108	115,145	$420,279	0.03%
150	VANECK ETF TRUST	92189H409	7,798	$398,634	0.03%
151	INVESCO EXCHANGE TRADED FD T	IVZ	8,432	$393,564	0.03%
152	ISHARES TR	46434V878	7,491	$378,900	0.03%
153	VANGUARD MUN BD FDS	922907746	7,484	$376,391	0.03%
154	EA SERIES TRUST	02072L565	3,267	$376,085	0.03%
155	SPDR SERIES TRUST	78464A839	4,431	$375,084	0.03%
156	SPDR SERIES TRUST	78464A409	3,513	$374,840	0.03%
157	PGIM ETF TR	69344A107	7,502	$372,027	0.03%
158	FIRST TR EXCHANGE-TRADED ALP	33735B108	2,904	$365,833	0.03%
159	VANECK ETF TRUST	92189H789	7,918	$324,238	0.03%
160	VANGUARD CHARLOTTE FDS	92203J407	6,636	$320,696	0.03%
161	BANK AMERICA CORP	060505104	5,827	$320,485	0.03%
162	SCHWAB STRATEGIC TR	808524755	6,997	$316,362	0.03%
163	SPDR GOLD TR	GLD	770	$305,159	0.02%
164	SPDR SERIES TRUST	78468R663	3,085	$281,907	0.02%
165	ISHARES TR	464287606	2,908	$281,727	0.02%
166	SPDR SERIES TRUST	78464A763	1,815	$252,575	0.02%
167	VANGUARD WHITEHALL FDS	921946885	3,697	$249,344	0.02%
168	VANECK ETF TRUST	92189F676	689	$248,130	0.02%
169	SELECT SECTOR SPDR TR	81369Y100	5,167	$234,323	0.02%
170	FIRST TR EXCH TRADED FD III	33739N108	4,285	$219,113	0.02%
171	ISHARES TR	464287655	842	$207,267	0.02%
172	SELECT SECTOR SPDR TR	81369Y506	4,589	$205,174	0.02%
173	SCHWAB STRATEGIC TR	808524771	7,391	$201,118	0.02%
174	HAYMAKER ACQUISITION CORP IV	G4375F108	14,945	$170,074	0.01%
175	LAFAYETTE ACQUISITION CORP	LAFAU	15,250	$152,805	0.01%
176	CENTURION ACQUISITION CORP	ALFUW	13,816	$147,140	0.01%
177	LIONHEART HOLDINGS	CUBWW	13,360	$142,018	0.01%
178	GALATA ACQUISITION CORP II	LATAW	14,088	$139,753	0.01%
179	NEW MTN FIN CORP	647551100	14,107	$129,931	0.01%
180	GP-ACT III ACQUISITION CORP	GPATW	10,632	$113,656	0.01%
181	LAUNCH ONE ACQUISITION CORP	LPAAW	10,260	$108,653	0.01%
182	HENNESSY CAP INVT CORP VII	G4405D115	13,650	$3,808	0.00%
183	IB ACQUISITION CORP	IBACR	21,686	$1,700	0.00%