Second Line Capital, LLC
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.
Latest 13F Filing Activity
Second Line Capital, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 145 equity positions with a total 13F market value of $430M. The fund increased holdings in Etf Ser Solutions, Celestica Inc., Marvell Technology Inc. among other positions. Second Line Capital, LLC reduced exposure to Shake Shack Inc., Unitedhealth Group Inc., Procter and Gamble Co. among others.
Top Holdings
Equity Positions (145)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A ACIO | ETF SER SOLUTIONS | 11.64% | $50.1M | 1,210,020 | $34.30 | $41.40 | +$5.0M |
D DRSK | ETF SER SOLUTIONS | 8.41% | $36.2M | 1,259,871 | $25.70 | $28.74 | +$2.7M |
S SPDW | SPDR INDEX SHS FDS | 5.46% | $23.5M | 580,049 | $34.43 | $40.49 | +$2.9M |
S SPY | SPDR S&P 500 ETF TR | 4.65% | $20.0M | 32,269 | $481.39 | $617.85 | +$1.7M |
O OSCV | ETF SER SOLUTIONS | 4.64% | $20.0M | 552,897 | $34.26 | $36.11 | +$1.7M |
Industry Allocation
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