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Second Line Capital, LLC

CIK:0001992879
Investment Adviser
$723M AUM
149 holdings
Metairie, LA, United States
Founded:2023
23 employees
Latest filing:Jun 30, 2025

Second Line Capital, LLC is a registered investment adviser headquartered in Metairie, Louisiana. Founded in Delaware, the firm manages $723 million in assets as of March 27, 2025, and employs 23 professionals, the majority of whom are investment-focused. Second Line Capital serves a diverse client base including individual investors (both high net worth and non-high net worth), pension and profit sharing plans, charitable organizations, and business entities. The firm provides investment management and advisory services to clients across the United States.

Investment Strategy

Second Line Capital, LLC employs a diversified investment approach with holdings across major sectors and asset classes. Their portfolio includes significant positions in technology (such as Microsoft, Nvidia, and Apple), financials (J.P. Morgan Chase), consumer staples (Walmart), and a range of ETFs. The firm focuses on long-term value creation for its clients through tailored, discretionary management, targeting a balance of growth and risk controls suitable for both individual and institutional investors. They pursue active portfolio management, dynamic allocation, and seek to identify opportunities based on market trends and thorough fundamental analysis.

Top Buys
A
ACIOETF SER SOLUTIONS
+$5.0M
C
CLSCELESTICA INC
+$3.7M
M
MRVLMARVELL TECHNOLOGY INC
+$3.5M
S
SPDWSPDR INDEX SHS FDS
+$2.9M
M
MSFTMICROSOFT CORP
+$2.8M
Top Sells
S
SHAKSHAKE SHACK INC
-$1.5M
U
UNHUNITEDHEALTH GROUP INC
-$1.4M
P
PGPROCTER AND GAMBLE CO
-$1.3M
G
GCTGIGACLOUD TECHNOLOGY INC
-$1.3M
V
VKTXVIKING THERAPEUTICS INC
-$1.2M

Top Holdings

A
ACIOETF SER SOLUTIONS
+11.6%$50.1M
D
DRSKETF SER SOLUTIONS
+8.4%$36.2M
S
SPDWSPDR INDEX SHS FDS
+5.5%$23.5M
S
SPYSPDR S&P 500 ETF TR
+4.6%$20.0M
O
OSCVETF SER SOLUTIONS
+4.6%$20.0M

Equity Positions (145)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
A
ACIO
ETF SER SOLUTIONS11.64%$50.1M1,210,020$34.30$41.40+$5.0M
D
DRSK
ETF SER SOLUTIONS8.41%$36.2M1,259,871$25.70$28.74+$2.7M
S
SPDW
SPDR INDEX SHS FDS5.46%$23.5M580,049$34.43$40.49+$2.9M
S
SPY
SPDR S&P 500 ETF TR4.65%$20.0M32,269$481.39$617.85+$1.7M
O
OSCV
ETF SER SOLUTIONS4.64%$20.0M552,897$34.26$36.11+$1.7M

Industry Allocation

SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+4.2%
SEMICONDUCTORS & RELATED DEVICES
+3.2%
SERVICES-PREPACKAGED SOFTWARE
+2.5%
PETROLEUM REFINING
+2.2%
SERVICES-BUSINESS SERVICES, NEC
+1.8%