SECOND LINE CAPITAL, LLC

Filed: 11/19/2025ACC: 0001992879-25-000005

📋 What this filing means

SECOND LINE CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 160 equity positions with a total reported market value of $483.10M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

160

Positions

$483.10M

Total AUM (reported)

9.79M

Total Shares

Allocation by class

COM$129.99M26.9%

APTUS COLLRD INV$53.12M11.0%

APTUS DEFINED$37.30M7.7%

APTUS INT ENH YL$30.95M6.4%

COM CL A$27.87M5.8%

PORTFOLIO DEVLPD$24.96M5.2%

APTUS DRAWDOWN$21.95M4.5%

Portfolio Concentration

Top 3$121.37M25.1%

4–10$137.26M28.4%

11–25$100.92M20.9%

Rest$123.54M25.6%

Top 3 weight

25.1%

Top 10 weight

53.5%

Voting Authority Distribution

Total shares with voting rights: 9.79M

Sole

Full voting authority

2.58M

% of voting shares26.4%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

7.21M

% of voting shares73.6%

Investment Discretion (by position count)

Sole160

Shared0

Other0

Dominant voting typeNone · 73.6% of voting shares

Institutional Holdings160

Rows:

ETF SER SOLUTIONS

SOLE

APTUS COLLRD INV

Shares1.22M

TypeSH

Market value$53.12M

11.00%

Sole

153.23K

Shared

0.00

None

1.07M

ETF SER SOLUTIONS

SOLE

APTUS DEFINED

Shares1.29M

TypeSH

Market value$37.30M

7.72%

Sole

150.84K

Shared

0.00

None

1.14M

ETF SER SOLUTIONS

SOLE

APTUS INT ENH YL

Shares1.31M

TypeSH

Market value$30.95M

6.41%

Sole

176.54K

Shared

0.00

None

1.14M

SPDR INDEX SHS FDS

SOLE

PORTFOLIO DEVLPD

Shares583.40K

TypeSH

Market value$24.96M

5.17%

Sole

80.08K

Shared

0.00

None

503.32K

ETF SER SOLUTIONS

SOLE

APTUS DRAWDOWN

Shares429.92K

TypeSH

Market value$21.95M

4.54%

Sole

57.72K

Shared

0.00

None

372.20K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares32.47K

TypeSH

Market value$21.69M

4.49%

Sole

4.19K

Shared

0.00

None

28.27K

ETF SER SOLUTIONS

SOLE

OPUS SML CP VL

Shares565.42K

TypeSH

Market value$21.62M

4.47%

Sole

85.21K

Shared

0.00

None

480.21K

ETF SER SOLUTIONS

SOLE

APTUS ENHANCED

Shares810.50K

TypeSH

Market value$18.06M

3.74%

Sole

40.13K

Shared

0.00

None

770.37K

APPLOVIN CORP

SOLE

COM CL A

Shares20.81K

TypeSH

Market value$14.95M

3.10%

Sole

16.55K

Shared

0.00

None

4.26K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares73.94K

TypeSH

Market value$14.03M

2.90%

Sole

11.06K

Shared

0.00

None

62.87K

ETF SER SOLUTIONS

SOLE

APTUS LARGE CAP

Shares308.59K

TypeSH

Market value$11.28M

2.33%

Sole

45.49K

Shared

0.00

None

263.10K

SPDR INDEX SHS FDS

SOLE

PORTFOLIO EMG MK

Shares235.33K

TypeSH

Market value$11.02M

2.28%

Sole

37.47K

Shared

0.00

None

197.86K

MICROSOFT CORP

SOLE

COM

Shares17.42K

TypeSH

Market value$9.02M

1.87%

Sole

4.17K

Shared

0.00

None

13.26K

NVIDIA CORPORATION

SOLE

COM

Shares46.97K

TypeSH

Market value$8.76M

1.81%

Sole

10.17K

Shared

0.00

None

36.80K

FIRST TR EXCHANGE-TRADED FD

SOLE

FIRST TR ENH NEW

Shares120.50K

TypeSH

Market value$7.24M

1.50%

Sole

92.83K

Shared

0.00

None

27.67K

JPMORGAN CHASE & CO.

SOLE

COM

Shares22.54K

TypeSH

Market value$7.11M

1.47%

Sole

7.18K

Shared

0.00

None

15.36K

APPLE INC

SOLE

COM

Shares26.96K

TypeSH

Market value$6.87M

1.42%

Sole

15.67K

Shared

0.00

None

11.29K

AMAZON COM INC

SOLE

COM

Shares25.36K

TypeSH

Market value$5.57M

1.15%

Sole

4.63K

Shared

0.00

None

20.73K

COREWEAVE INC

SOLE

COM CL A

Shares39.22K

TypeSH

Market value$5.37M

1.11%

Sole

29.95K

Shared

0.00

None

9.26K

META PLATFORMS INC

SOLE

CL A

Shares7.20K

TypeSH

Market value$5.29M

1.09%

Sole

5.19K

Shared

0.00

None

2.01K

EXXON MOBIL CORP

SOLE

COM

Shares43.43K

TypeSH

Market value$4.90M

1.01%

Sole

9.87K

Shared

0.00

None

33.56K

TESLA INC

SOLE

COM

Shares10.65K

TypeSH

Market value$4.74M

0.98%

Sole

263.00

Shared

0.00

None

10.39K

OCULAR THERAPEUTIX INC

SOLE

COM

Shares402.47K

TypeSH

Market value$4.70M

0.97%

Sole

295.86K

Shared

0.00

None

106.61K

MARA HOLDINGS INC

SOLE

COM

Shares249K

TypeSH

Market value$4.55M

0.94%

Sole

192.99K

Shared

0.00

None

56K

WALMART INC

SOLE

COM

Shares43.83K

TypeSH

Market value$4.52M

0.93%

Sole

12.98K

Shared

0.00

None

30.84K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ETF SER SOLUTIONSSOLE	APTUS COLLRD INV	1.22M	SH	$53.12M 11.00%	153.23K	1.07M
ETF SER SOLUTIONSSOLE	APTUS DEFINED	1.29M	SH	$37.30M 7.72%	150.84K	1.14M
ETF SER SOLUTIONSSOLE	APTUS INT ENH YL	1.31M	SH	$30.95M 6.41%	176.54K	1.14M
SPDR INDEX SHS FDSSOLE	PORTFOLIO DEVLPD	583.40K	SH	$24.96M 5.17%	80.08K	503.32K
ETF SER SOLUTIONSSOLE	APTUS DRAWDOWN	429.92K	SH	$21.95M 4.54%	57.72K	372.20K
SPDR S&P 500 ETF TRSOLE	TR UNIT	32.47K	SH	$21.69M 4.49%	4.19K	28.27K
ETF SER SOLUTIONSSOLE	OPUS SML CP VL	565.42K	SH	$21.62M 4.47%	85.21K	480.21K
ETF SER SOLUTIONSSOLE	APTUS ENHANCED	810.50K	SH	$18.06M 3.74%	40.13K	770.37K
APPLOVIN CORPSOLE	COM CL A	20.81K	SH	$14.95M 3.10%	16.55K	4.26K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	73.94K	SH	$14.03M 2.90%	11.06K	62.87K
ETF SER SOLUTIONSSOLE	APTUS LARGE CAP	308.59K	SH	$11.28M 2.33%	45.49K	263.10K
SPDR INDEX SHS FDSSOLE	PORTFOLIO EMG MK	235.33K	SH	$11.02M 2.28%	37.47K	197.86K
MICROSOFT CORPSOLE	COM	17.42K	SH	$9.02M 1.87%	4.17K	13.26K
NVIDIA CORPORATIONSOLE	COM	46.97K	SH	$8.76M 1.81%	10.17K	36.80K
FIRST TR EXCHANGE-TRADED FDSOLE	FIRST TR ENH NEW	120.50K	SH	$7.24M 1.50%	92.83K	27.67K
JPMORGAN CHASE & CO.SOLE	COM	22.54K	SH	$7.11M 1.47%	7.18K	15.36K
APPLE INCSOLE	COM	26.96K	SH	$6.87M 1.42%	15.67K	11.29K
AMAZON COM INCSOLE	COM	25.36K	SH	$5.57M 1.15%	4.63K	20.73K
COREWEAVE INCSOLE	COM CL A	39.22K	SH	$5.37M 1.11%	29.95K	9.26K
META PLATFORMS INCSOLE	CL A	7.20K	SH	$5.29M 1.09%	5.19K	2.01K
EXXON MOBIL CORPSOLE	COM	43.43K	SH	$4.90M 1.01%	9.87K	33.56K
TESLA INCSOLE	COM	10.65K	SH	$4.74M 0.98%	263.00	10.39K
OCULAR THERAPEUTIX INCSOLE	COM	402.47K	SH	$4.70M 0.97%	295.86K	106.61K
MARA HOLDINGS INCSOLE	COM	249K	SH	$4.55M 0.94%	192.99K	56K
WALMART INCSOLE	COM	43.83K	SH	$4.52M 0.93%	12.98K	30.84K

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