13F HOLDINGS REPORT

INTEGRATED CAPITAL MANAGEMENT, INC.

Quarter ended Q4 2025 · Filed January 8, 2026 · Accession 0001608826-26-000001

Total Value

$150.4M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (60)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464288877	282,299	$20.2M	13.40%
2	AMERICAN CENTY ETF TR	025072349	259,744	$19.7M	13.08%
3	INVESCO ACTVELY MNGD ETC FD	IVZ	771,004	$10.2M	6.79%
4	VANGUARD SPECIALIZED FUNDS	921908844	43,297	$9.5M	6.33%
5	SPDR INDEX SHS FDS	78463X889	212,533	$9.4M	6.27%
6	SPDR SERIES TRUST	78468R101	257,412	$7.5M	5.01%
7	SPDR SERIES TRUST	78464A805	87,954	$7.3M	4.82%
8	VANECK ETF TRUST	92189H300	272,547	$7.0M	4.68%
9	SPDR SERIES TRUST	78464A672	240,469	$6.9M	4.61%
10	SPDR SERIES TRUST	78468R457	219,883	$6.7M	4.45%
11	DOUBLELINE ETF TRUST	25861R402	122,657	$6.1M	4.05%
12	PIMCO EQUITY SER	72202L389	240,956	$5.6M	3.70%
13	J P MORGAN EXCHANGE TRADED F	46641Q761	71,266	$4.5M	2.99%
14	DIMENSIONAL ETF TRUST	25434V815	116,842	$3.8M	2.55%
15	SPDR SERIES TRUST	78464A664	109,510	$2.9M	1.93%
16	SPDR SERIES TRUST	78464A375	83,478	$2.8M	1.88%
17	ISHARES TR	464287614	5,397	$2.6M	1.70%
18	SPDR SERIES TRUST	78468R721	43,966	$2.0M	1.34%
19	WISDOMTREE TR	WT	30,911	$1.6M	1.03%
20	VANGUARD TAX-MANAGED FDS	921943858	18,863	$1.2M	0.78%
21	SPDR SERIES TRUST	78464A508	16,581	$941,968	0.63%
22	FIDELITY COVINGTON TRUST	316092857	32,487	$873,578	0.58%
23	VANGUARD INDEX FDS	922908769	1,633	$547,561	0.36%
24	PIMCO MUN INCOME FD II	72200W106	64,977	$489,930	0.33%
25	BLACKROCK MUN TARGET TERM TR	BLK	21,377	$487,816	0.32%
26	MICROSOFT CORP	MSFT	900	$435,258	0.29%
27	EATON VANCE TAX-MANAGED GLOB	ETN	46,097	$425,017	0.28%
28	NUVEEN S&P 500 BUY-WRITE INC	NU	27,738	$407,754	0.27%
29	PIMCO HIGH INCOME FD	722014107	82,802	$402,420	0.27%
30	SRH TOTAL RETURN FUND INC	STEW	20,650	$382,852	0.25%
31	BLACKROCK TAX MUNICPAL BD TR	BLK	21,141	$345,022	0.23%
32	WESTERN ASSET MANAGED MUNS F	95766M105	31,736	$331,328	0.22%
33	FLAHERTY & CRUMRINE PFD SECS	338478100	18,723	$309,114	0.21%
34	BLACKROCK MUNIYIELD FD INC	BLK	28,669	$300,737	0.20%
35	BLACKROCK ENHANCED GLOBAL DI	BLK	24,829	$290,746	0.19%
36	BNY MELLON STRATEGIC MUNS IN	05588W108	45,145	$287,121	0.19%
37	BLACKROCK MUNI INCOME TR II	BLK	27,040	$282,292	0.19%
38	BLACKROCK MUN INCOME TR	BLK	28,119	$282,034	0.19%
39	NUVEEN DOW 30 DYNMC OVERWRT	NU	18,177	$277,385	0.18%
40	SABA CAPITAL INCOME & OPRNT	78518H202	39,528	$277,092	0.18%
41	BLACKROCK MUNIHOLDINGS FD IN	BLK	23,596	$277,012	0.18%
42	VIRTUS TOTAL RETURN FD INC	92835W107	43,477	$273,904	0.18%
43	EATON VANCE TAX MNGED BUY WR	ETN	17,471	$266,777	0.18%
44	INVESCO QQQ TR	IVZ	426	$261,705	0.17%
45	VIRTUS CONVERTIBLE & INCOME	92838X805	17,132	$259,545	0.17%
46	NYLI MACKAY DEFINEDTERM MUNI	MMD	17,213	$255,957	0.17%
47	NEUBERGER MUN FD INC	64124P101	24,752	$250,486	0.17%
48	CREDIT SUISSE HIGH YIELD CRE	DHY	124,404	$248,808	0.17%
49	BNY MELLON HIGH YIELD STRATE	DHF	99,238	$246,110	0.16%
50	PUTNAM MUN OPPORTUNITIES TR	746922103	22,908	$245,110	0.16%
51	BLACKROCK MUNIVEST FD INC	BLK	35,279	$244,480	0.16%
52	BNY MELLON STRATEGIC MUN BD	09662E109	38,573	$237,997	0.16%
53	ABRDN EMERGING MARKETS EX CH	AEF	33,754	$236,280	0.16%
54	HIGHLAND OPPS & INCOME FD	HFRO-PB	39,358	$235,358	0.16%
55	VIRTUS CONVERTIBLE & INC FD	92838U801	16,126	$222,221	0.15%
56	ELEVATION SERIES TRUST	210322673	24,182	$198,047	0.13%
57	WESTERN ASSET MTG DEFINED OP	95790B109	17,674	$195,475	0.13%
58	INVESCO HIGH INCOME TR II	IVZ	12,012	$134,179	0.09%
59	MFS MUN INCOME TR	552738106	24,148	$131,124	0.09%
60	GDL FD	361570104	15,447	$130,834	0.09%