Q3 2026 13F · SEC CIK 1750924

Balefire, LLC

Wealth managerFiled 2026-10-09 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $635.9M
Reported positions: 463
Top holdings a year, 3 yrs: +14.5%
Assets under management: $2.0B

Balefire, LLC is a wealth manager that reported 463 positions worth $635.9M in its Q3 2026 13F, filed 2026-10-09. Its largest holdings were Spdr Series Trust (SPLG, 3.4%), Nvidia Corporation (NVDA, 2.7%), Ishares Tr (IVV, 2.6%). A portfolio copying its top holdings returned 14.5% a year over the last 3 years, against 22.3% for the S&P 500.

Balefire, LLC holdings largest 50 of 463 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Balefire, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
SPLGSpdr Series Trust	3.4%	2.5%	239,532	+35.2%	$21.5M
NVDANvidia Corporation	2.7%	2.1%	76,358	+17.4%	$17.4M
IVVIshares Tr	2.6%	2.2%	21,828	+24.0%	$16.7M
AAPLApple Inc	2.0%	1.4%	37,872	+31.9%	$12.6M
VOOVanguard Index Fds	1.9%	1.9%	17,193	-0.8%	$12.1M
IUSBIshares Tr	1.8%	0.9%	256,862	+113.5%	$11.3M
QQQInvesco Qqq Tr	1.7%	1.9%	14,712	-9.0%	$10.9M
MSFTMicrosoft Corp	1.7%	1.2%	20,479	+6.2%	$10.5M
SPTMSpdr Series Trust	1.6%	2.0%	113,283	-14.4%	$10.4M
IVWIshares Tr	1.6%	1.0%	69,671	+52.8%	$9.9M
SPYState Str Spdr S&p 500 ETF T	1.5%	1.9%	12,787	-19.0%	$9.8M
DYNFBlackrock ETF Trust	1.5%	1.0%	138,534	+51.0%	$9.6M
BILSpdr Series Trust	1.5%	1.8%	101,657	-14.9%	$9.3M
DEDeere & Co	1.4%	1.4%	13,027	-0.3%	$8.7M
SDYSpdr Ser Tr	1.4%	1.7%	59,678	-11.9%	$8.7M
SPABSpdr Series Trust	1.1%	1.3%	298,507	-4.4%	$7.3M
MUMicron Technology Inc	1.0%	1.3%	5,969	-11.2%	$6.4M
IVEIshares Tr	1.0%	0.6%	27,711	+72.3%	$6.3M
SPDWSpdr Index Shs Fds	1.0%	0.8%	125,500	+24.4%	$6.3M
GOOGAlphabet Inc	1.0%	1.0%	17,976	-0.9%	$6.1M
BRK-BBerkshire Hathaway Inc Del	0.9%	1.0%	11,081	-12.5%	$5.5M
ACWXIshares Tr	0.8%	—	71,262	—	$5.4M
COROBlackrock ETF Trust	0.8%	0.5%	147,629	+77.3%	$5.4M
GLDSpdr Gold Tr	0.8%	0.9%	13,955	-5.1%	$5.3M
AMZNAmazon Com Inc	0.8%	0.8%	21,055	+7.8%	$5.2M
RSPInvesco Exchange Traded Fd T	0.8%	1.0%	24,901	-16.0%	$5.2M
LLYEli Lilly & Co	0.8%	0.8%	4,398	+3.2%	$5.1M
LQDIshares Tr	0.8%	1.0%	46,807	-15.7%	$4.8M
GOVTIshares Tr	0.7%	—	210,037	—	$4.6M
GOOGLAlphabet Inc	0.7%	0.7%	13,213	+3.9%	$4.5M
SPEMSpdr Index Shs Fds	0.7%	0.6%	86,845	+19.6%	$4.5M
AVGOBroadcom Inc	0.7%	0.8%	12,704	-2.6%	$4.5M
SHYIshares Tr	0.7%	0.8%	52,893	-7.7%	$4.3M
BAIBlackrock ETF Trust	0.7%	—	90,577	—	$4.3M
IEMGIshares Inc	0.7%	0.6%	51,736	+17.9%	$4.2M
TSLATesla Inc	0.7%	0.7%	11,714	+22.2%	$4.2M
SHVIshares Tr	0.6%	—	37,143	—	$4.1M
BLCRBlackrock ETF Trust	0.6%	—	82,875	—	$4.1M
MINTPimco Enhanced Short Maturity Active Exc	0.6%	—	39,886	—	$4.0M
EEMIshares Tr	0.6%	0.7%	59,864	-8.9%	$4.0M
AMLPAlps ETF Tr	0.6%	0.7%	75,321	-2.5%	$3.9M
LNGCheniere Energy Inc	0.6%	0.6%	14,272	-3.9%	$3.8M
JPMJpmorgan Chase & Co	0.6%	0.6%	11,417	-5.8%	$3.8M
MBSFValued Advisers Tr	0.6%	0.7%	145,671	-14.4%	$3.7M
EFAIshares Tr	0.6%	0.7%	35,539	-14.3%	$3.7M
MUBIshares Tr	0.6%	—	35,404	—	$3.6M
IALTBlackrock ETF Trust	0.6%	—	118,227	—	$3.5M
HBANHuntington Bancshares Inc	0.5%	0.6%	222,485	+0.0%	$3.4M
SPYGState Street Spdr Portfolio S&p 500 Grow	0.5%	0.5%	27,084	-4.1%	$3.3M
REMIshares Tr	0.5%	0.7%	181,427	-9.8%	$3.3M

What Balefire, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +8.8% /yr; S&P 500 +11.7%
3 years: +14.5% /yr; S&P 500 +22.3%
5 years: +4.1% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$635.9M	463
Q2 2026	$612.9M	475
Q1 2026	$530.7M	439
Q4 2025	$513.3M	394
Q3 2025	$501.2M	394
Q2 2025	$459.7M	358
Q1 2025	$291.8M	205
Q4 2024	$292.5M	295
Q3 2024	$296.2M	245
Q2 2024	$281.4M	810
Q1 2024	$277.4M	815
Q4 2023	$271.0M	746

Questions about Balefire, LLC's portfolio

What stocks does Balefire, LLC own?

Balefire, LLC's latest 13F, for Q3 2026 and filed Oct 9, 2026, lists 463 positions worth $635.9M. The largest are Spdr Series Trust (SPLG) at 3.4%, Nvidia Corporation (NVDA) at 2.7%, Ishares Tr (IVV) at 2.6%, Apple Inc (AAPL) at 2.0% and Vanguard Index Fds (VOO) at 1.9%.

What did Balefire, LLC buy last quarter?

In Q3 2026, Balefire, LLC added Ishares Tr (IUSB) (+113.5% shares), Blackrock ETF Trust (CORO) (+77.3% shares) and Ishares Tr (IVE) (+72.3% shares), compared with its Q2 2026 filing.

What did Balefire, LLC sell last quarter?

In Q3 2026, Balefire, LLC cut from its top 50 Ishares Tr (HYG), cut from its top 50 State Street Spdr Portfolio S&p 500 Valu (SPYV), cut from its top 50 Spdr Series Trust (XBI), cut from its top 50 Williams Cos (WMB), cut from its top 50 Entergy Corp New (ETR), State Str Spdr S&p 500 ETF T (SPY) (-19.0% shares), Invesco Exchange Traded Fd T (RSP) (-16.0% shares) and Ishares Tr (LQD) (-15.7% shares), compared with its Q2 2026 filing.

How has Balefire, LLC's portfolio performed?

A portfolio copying Balefire, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +14.5% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +8.8% against +11.7%. Over 5 years: +4.1% a year against +10.6%.

When is Balefire, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Balefire, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Balefire, LLC manage?

Balefire, LLC reported $2.0B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $635.9M.