Institutional Manager · CIK 0001686988
L2 Asset Management, LLC
Wayland, MA · File #028-19942
Latest AUM
$748.5M
Positions
366
Top-10 Concentration
36.3%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| REDUCE | APPLOVIN CORP | APP | -9,366 | -$6.3M | -$475,283 |
| ADD | SCHWAB STRATEGIC TR | 808524201 | +185,882 | +$5.0M | +$223,096 |
| NEW | INCYTE CORP | INCY | +42,067 | +$4.2M | $0 |
| ADD | DOLLAR TREE INC | DLTR | +33,073 | +$4.1M | +$790,197 |
| ADD | AMERICAN CENTY ETF TR | 025072877 | +38,049 | +$3.9M | +$165,969 |
| EXITED | DAVITA INC | 23918K108 | -28,368 | -$3.8M | $0 |
| ADD | ISHARES TR | 464288877 | +51,630 | +$3.7M | +$401,360 |
| ADD | SCHWAB STRATEGIC TR | 808524300 | +111,552 | +$3.6M | +$161,303 |
| ADD | HOLOGIC INC | HOLX | +47,422 | +$3.5M | +$190,484 |
| NEW | DIMENSIONAL ETF TRUST | 25434V708 | +73,846 | +$2.9M | $0 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025366 pos · $748.5M
- 13F HOLDINGS REPORTQ/E Sep 2025363 pos · $691.1M
- 13F HOLDINGS REPORTQ/E Jun 2025361 pos · $611.2M
- 13F HOLDINGS REPORTQ/E Mar 2025275 pos · $489.6M
- 13F HOLDINGS REPORTQ/E Dec 2024248 pos · $460.1M
- 13F HOLDINGS REPORTQ/E Sep 2024231 pos · $368.0M
- 13F HOLDINGS REPORTQ/E Jun 2024214 pos · $381.9M
- 13F HOLDINGS REPORTQ/E Mar 2024212 pos · $304.6M
- 13F HOLDINGS REPORTQ/E Dec 2023216 pos · $212.6M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 46436E718 | 245,884 | $24.7M | 5.30% |
| 2 | NVIDIA CORPORATION | NVDA | 118,011 | $22.0M | 4.72% |
| 3 | APPLE INC | AAPL | 77,859 | $21.2M | 4.54% |
| 4 | MICROSOFT CORP | MSFT | 38,101 | $18.4M | 3.95% |
| 5 | SCHWAB STRATEGIC TR | 808524201 | 577,272 | $15.5M | 3.33% |
| 6 | SCHWAB STRATEGIC TR | 808524698 | 654,632 | $15.0M | 3.23% |
| 7 | SIMPLIFY EXCHANGE TRADED FUN | 82889N525 | 272,554 | $13.7M | 2.95% |
| 8 | JANUS DETROIT STR TR | 47103U845 | 257,170 | $13.0M | 2.79% |
| 9 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 25,428 | $12.8M | 2.74% |
| 10 | VANGUARD MUN BD FDS | 922907746 | 249,802 | $12.6M | 2.70% |
| 11 | ISHARES TR | 464288877 | 163,742 | $11.7M | 2.51% |
| 12 | META PLATFORMS INC | META | 17,277 | $11.4M | 2.45% |
| 13 | EXPEDIA GROUP INC | EXPE | 39,649 | $11.2M | 2.41% |
| 14 | SCHWAB STRATEGIC TR | 808524300 | 338,738 | $11.0M | 2.37% |
| 15 | AMERICAN CENTY ETF TR | 025072877 | 105,791 | $10.8M | 2.32% |
| 16 | ALPHABET INC | GOOG | 33,837 | $10.6M | 2.27% |
| 17 | CISCO SYS INC | CSCO | 123,663 | $9.5M | 2.04% |
| 18 | GILEAD SCIENCES INC | GILD | 70,920 | $8.7M | 1.87% |
| 19 | SYNCHRONY FINANCIAL | SYF-PB | 100,295 | $8.4M | 1.80% |
| 20 | BROADCOM INC | AVGO | 23,449 | $8.1M | 1.74% |