We are live on ! Find out more
TRCT

Tower Research Capital (TRC) Portfolio holdings

AUM $3.85B
1-Year Est. Return 32.11%
This Fund
S&P 500
This Quarter Est. Return
+3.76%
1 Year Est. Return
+32.11%
3 Year Est. Return
+93.86%
5 Year Est. Return
+112.79%
10 Year Est. Return
+380.9%
AUM
$4.13B
AUM Growth
+$508M
Cap. Flow
+$450M
Cap. Flow %
10.89%
Top 10 Hldgs %
28.06%
Holding
5,776
New
587
Increased
2,247
Reduced
2,253
Closed
660

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$135M
2
MSFT icon
Microsoft
MSFT
+$75.2M
3
NVDA icon
NVIDIA
NVDA
+$68.1M
4
AMZN icon
Amazon
AMZN
+$62.1M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$58.9M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$431M
2
SOXL icon
Direxion Daily Semiconductor Bull 3X ETF
SOXL
+$49M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$43M
4
SHY icon
iShares 1-3 Year Treasury Bond ETF
SHY
+$33.6M
5
IWB icon
iShares Russell 1000 ETF
IWB
+$27.3M

Sector Composition

Rank Sector Weight
1 Technology 29.75%
2 Communication Services 9.71%
3 Consumer Discretionary 9.03%
4 Financials 8.48%
5 Healthcare 7.18%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IBM icon
51
IBM
IBM
$222B
$12.5M 0.3%
42,101
+17,826
+73% +$5.34M
PAAA icon
52
PGIM AAA CLO ETF
PAAA
$11.2B
$12.5M 0.3%
243,237
+225,971
+1,309% +$11.6M
HON icon
53
Honeywell
HON
$77.7B
$12.4M 0.3%
63,374
+38,016
+150% +$7.44M
MA icon
54
Mastercard
MA
$495B
$12.3M 0.3%
21,556
+13,817
+179% +$7.72M
TLT icon
55
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
$12.1M 0.29%
+139,132
New +$12.4M
STIP icon
56
iShares 0-5 Year TIPS Bond ETF
STIP
$15.8B
$12M 0.29%
117,132
+7,936
+7% +$817K
MCD icon
57
McDonald's
MCD
$195B
$11.7M 0.28%
38,182
+7,803
+26% +$2.39M
ADBE icon
58
Adobe
ADBE
$106B
$11.6M 0.28%
33,010
+13,854
+72% +$4.71M
JPST icon
59
JPMorgan Ultra-Short Income ETF
JPST
$40.3B
$11.4M 0.28%
224,965
-378,045
-63% -$19.2M
GSK icon
60
GSK
GSK
$106B
$11.2M 0.27%
229,212
+209,102
+1,040% +$9.75M
BAC icon
61
Bank of America
BAC
$440B
$11.1M 0.27%
201,374
+87,561
+77% +$4.63M
AXP icon
62
American Express
AXP
$230B
$11M 0.27%
29,633
+18,522
+167% +$6.63M
TMUS icon
63
T-Mobile US
TMUS
$190B
$10.9M 0.26%
53,834
+15,002
+39% +$3.18M
BP icon
64
BP
BP
$108B
$10.9M 0.26%
314,242
-108,343
-26% -$3.8M
GILD icon
65
Gilead Sciences
GILD
$166B
$10.6M 0.26%
86,486
+40,162
+87% +$4.88M
CAT icon
66
Caterpillar
CAT
$388B
$10.6M 0.26%
18,419
+7,985
+77% +$4.44M
NXPI icon
67
NXP Semiconductors
NXPI
$60B
$10.4M 0.25%
47,949
+44,107
+1,148% +$9.46M
BIL icon
68
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
$10.2M 0.25%
111,386
+111,302
+132,502% +$10.2M
SNN icon
69
Smith & Nephew
SNN
$12.6B
$10.1M 0.24%
307,049
+33,197
+12% +$1.14M
SHOP icon
70
Shopify
SHOP
$193B
$9.93M 0.24%
61,716
-25,097
-29% -$4.03M
SPTL icon
71
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.6B
$9.79M 0.24%
+369,999
New +$9.98M
ADI icon
72
Analog Devices
ADI
$190B
$9.72M 0.24%
35,830
+21,261
+146% +$5.34M
CVX icon
73
Chevron
CVX
$367B
$9.54M 0.23%
62,607
+21,051
+51% +$3.21M
PANW icon
74
Palo Alto Networks
PANW
$297B
$9.34M 0.23%
50,729
+26,374
+108% +$5.32M
CRM icon
75
Salesforce
CRM
$157B
$9.14M 0.22%
34,499
-6,291
-15% -$1.56M
1 2
3
4 5

Similar funds

HFCIX
H&F Corporate Investors X San Francisco, California $3.85B AUM
DWM
Destination Wealth Management Walnut Creek, California $3.85B AUM 13% 1-Year Est. Return
TFM
Trian Fund Management New York $3.86B AUM 26.59% 1-Year Est. Return
AC
Anther Capital Hong Kong $3.83B AUM
IP
Interval Partners New York $3.82B AUM 27.38% 1-Year Est. Return
TCIM
TOMS Capital Investment Management New York $3.81B AUM 26.36% 1-Year Est. Return
FLSM
Frazier Life Sciences Management Palo Alto, California $3.89B AUM 201.1% 1-Year Est. Return
AFI
American Family Investments Madison, Wisconsin $3.8B AUM 0.71% 1-Year Est. Return

Tower Research Capital (TRC)'s Q4 2025 Portfolio in Review

As of Q4 2025, Tower Research Capital (TRC) held 5,776 positions worth $4.13B, up 14% from $3.62B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Tower Research Capital (TRC) deployed $450M of net new capital in Q4 2025, opening 587 new positions and adding to 2,247 existing holdings. Its largest new stake was iShares 20+ Year Treasury Bond ETF: 139,132 shares worth $12.1M.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 17% a quarter earlier, followed by Communication Services and Consumer Discretionary.

On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $431M trimmed.

  • Tower Research Capital (TRC)'s largest Q4 2025 buy was iShares 20+ Year Treasury Bond ETF: 139,132 shares worth $12.1M.
  • Tower Research Capital (TRC) added most to Apple in Q4 2025, an estimated $135M increase.
  • Tower Research Capital (TRC)'s biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $431M.
  • Tower Research Capital (TRC) fully exited iShares 0-3 Month Treasury Bond ETF in Q4 2025, selling an estimated $25.1M.
  • Tower Research Capital (TRC)'s ten largest holdings make up 28% of its $4.13B portfolio in Q4 2025.
  • Tower Research Capital (TRC) opened 587 new positions and closed 660 in Q4 2025.
  • Tower Research Capital (TRC)'s portfolio value rose 14% quarter-over-quarter to $4.13B.

Based on Tower Research Capital (TRC)'s 13F filing for Q4 2025, filed 17 Feb 2026.