Heron Bay Capital Management

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Heron Bay Capital Management maintained a portfolio of 127 distinct positions. The most significant new addition to the portfolio was TREX CO INC, which now represents 0.36% of the total fund value. They heavily accumulated shares in LPL FINL HLDGS INC, increasing their position by 5.1%. The fund also reduced its exposure to EATON VANCE TAX-MANA by 55.6%.
PCA Score Concentration Risk
Risk ENB
Total Positions
127
Quarter
2025 Q4
Top Holding
VNT (5.7%)
Top 10 Concentration
46.9%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 127
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
VNT
VONTIER CORPORA...
Technology 5.74% 6.34% #1 1
Prev: #2
4.8 -632 -0.1%
P
S
809,187 $30,085,589 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
LPLA
LPL FINL HLDGS ...
Financial Services 5.71% 4.95% #2 2
Prev: #4
5.8 4,050 5.1%
P
S
83,827 $29,940,340 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOGL
ALPHABET INC
Communication Services 5.43% 6.17% #3
Prev: #3
3.2 -44,997 -33.1%
P
S
91,001 $28,483,266 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CCSI
CONSENSUS CLOUD...
Technology 5.22% 6.60% #4 3
Prev: #1
3.1 49,761 4.1%
P
S
1,253,487 $27,351,086 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SCHW
SCHWAB CHARLES ...
Financial Services 4.58% 4.59% #5
Prev: #5
2.8 -17,669 -6.9%
P
S
240,206 $23,999,008 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SSNC
SS&C TECHNOLOGI...
Technology 4.51% 4.50% #6 1
Prev: #7
2.3 -1,097 -0.4%
P
S
270,669 $23,661,871 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FDS
FACTSET RESH SY...
Financial Services 4.37% 2.96% #7 4
Prev: #11
4.2 23,556 42.6%
P
S
78,915 $22,900,486 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
MICROSOFT CORP
Technology 4.33% 4.56% #8 2
Prev: #6
2.2 -277 -0.6%
P
S
46,899 $22,681,289 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
AMAZON COM INC
Consumer Cyclical 3.86% 3.82% #9 1
Prev: #8
2.0 -5,721 -6.1%
P
S
87,577 $20,214,553 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ULTA
ULTA BEAUTY INC
Consumer Cyclical 3.14% 3.37% #10 1
Prev: #9
1.8 -5,789 -17.6%
P
S
27,189 $16,449,617 2023 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
META
META PLATFORMS ...
Communication Services 2.98% 3.28% #11 1
Prev: #10
1.7 -286 -1.2%
P
S
23,667 $15,622,358 2021 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TRU
TRANSUNION
Financial Services 2.90% 2.78% #12
Prev: #12
1.7 -131 -0.1%
P
S
177,431 $15,214,718 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ROK
ROCKWELL AUTOMA...
Industrials 2.71% 2.59% #13 1
Prev: #14
1.6 -3,064 -7.7%
P
S
36,569 $14,227,894 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LRCX
LAM RESEARCH CO...
Technology 2.66% 2.26% #14 1
Prev: #15
1.6 -8,821 -9.8%
P
S
81,512 $13,953,224 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MCK
MCKESSON CORP
Healthcare 2.64% 2.71% #15 2
Prev: #13
1.6 -1,939 -10.3%
P
S
16,846 $13,818,691 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
KKR
KKR & CO INC
Financial Services 2.54% 2.20% #16
Prev: #16
3.0 13,915 15.4%
P
S
104,505 $13,322,319 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PRGS
PROGRESS SOFTWA...
Technology 2.17% 2.09% #17
Prev: #17
1.4 10,551 4.1%
P
S
264,862 $11,378,479 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
THQ
ABRDN HEALTHCAR...
Financial Services 2.16% 1.59% #18 3
Prev: #21
3.4 101,439 20.6%
P
S
592,723 $11,338,791 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
MEDP
MEDPACE HLDGS I...
Healthcare 2.08% 1.88% #19
Prev: #19
1.3 -195 -1.0%
P
S
19,431 $10,913,421 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CPAY
CORPAY INC
Technology 2.05% 1.07% #20 11
Prev: #31
3.8 15,749 78.9%
P
S
35,712 $10,746,812 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CRM
SALESFORCE INC
Technology 1.75% 1.59% #21 1
Prev: #20
1.2 -1,147 -3.2%
P
S
34,727 $9,199,537 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ZBRA
ZEBRA TECHNOLOG...
Technology 1.64% 1.89% #22 4
Prev: #18
1.2 1,362 4.0%
P
S
35,443 $8,606,269 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MSCI
MSCI INC
Financial Services 1.58% 1.54% #23
Prev: #23
1.1 -54 -0.4%
P
S
14,453 $8,292,284 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ETG
EATON VANCE TX ...
Financial Services 1.37% 1.24% #24 2
Prev: #26
1.0 -1,589 -0.5%
P
S
312,034 $7,207,985 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRO
BROWN & BROWN I...
Financial Services 1.36% 1.56% #25 3
Prev: #22
1.0 -151 -0.2%
P
S
89,190 $7,108,476 2022 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BRK/B
BERKSHIRE HATHA...
Financial Services 1.34% 1.44% #26 1
Prev: #25
1.0 -1,389 -9.0%
P
S
13,975 $7,024,534 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ADBE
ADOBE INC
Technology 1.16% 1.11% #27 3
Prev: #30
1.0 507 3.0%
P
S
17,367 $6,078,276 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
LH
LABCORP HOLDING...
Healthcare 1.04% 1.17% #28 1
Prev: #29
0.9 -128 -0.6%
P
S
21,727 $5,450,819 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ZTS
ZOETIS INC
Healthcare 0.98% 1.18% #29 1
Prev: #28
0.9 -2,395 -5.5%
P
S
40,829 $5,137,150 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
IBP
INSTALLED BLDG ...
Consumer Cyclical 0.96% 0.89% #30 2
Prev: #32
0.9 -1 -0.0%
P
S
19,311 $5,009,080 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CSWI
CSW INDUSTRIALS...
Unknown 0.90% 0.73% #31 6
Prev: #37
0.9 24 0.1%
P
S
16,069 $4,716,737 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TNET
TRINET GROUP IN...
Industrials 0.89% 1.53% #32 8
Prev: #24
0.4 -43,845 -35.8%
P
S
78,635 $4,649,692 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
GOOG
ALPHABET INC
Communication Services 0.84% 0.79% #33 2
Prev: #35
0.8 -3,384 -19.4%
P
S
14,084 $4,419,559 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TXN
TEXAS INSTRS IN...
Technology 0.82% 0.85% #34 1
Prev: #33
0.8 -265 -1.1%
P
S
24,636 $4,274,068 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BUD
ANHEUSER BUSCH ...
Consumer Defensive 0.80% 0.72% #35 3
Prev: #38
0.8 400 0.6%
P
S
65,355 $4,185,334 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CHKP
CHECK POINT SOF...
Technology 0.72% 0.80% #36 2
Prev: #34
0.8 -450 -2.2%
P
S
20,326 $3,771,693 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NMAI
NUVEEN MULTI AS...
Financial Services 0.72% 0.70% #37 2
Prev: #39
0.8 -2,299 -0.8%
P
S
287,775 $3,752,583 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INCY
INCYTE CORP
Healthcare 0.64% 0.54% #38 4
Prev: #42
0.8 -24 -0.1%
P
S
34,171 $3,375,070 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
EXEL
EXELIXIS INC
Healthcare 0.60% 0.56% #39 2
Prev: #41
0.7 -397 -0.6%
P
S
71,780 $3,146,117 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CRUS
CIRRUS LOGIC IN...
Technology 0.56% 0.58% #40
Prev: #40
0.7 -115 -0.5%
P
S
24,719 $2,929,202 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ETY
EATON VANCE TAX...
Financial Services 0.52% 1.20% #41 14
Prev: #27
0.2 -224,989 -55.6%
P
S
179,361 $2,751,398 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ZM
ZOOM COMMUNICAT...
Technology 0.45% 0.42% #42 2
Prev: #44
0.7 -32 -0.1%
P
S
27,196 $2,346,743 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SWKS
SKYWORKS SOLUTI...
Technology 0.42% 0.50% #43
Prev: #43
0.7 -187 -0.5%
P
S
34,616 $2,195,001 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TREX
TREX CO INC
Industrials 0.36% #44
Prev: #—
3.6 53,095 no change
NEW
53,095 $1,862,573 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
UTHR
UNITED THERAPEU...
Healthcare 0.35% 0.30% #45 2
Prev: #47
0.6 -19 -0.5%
P
S
3,800 $1,851,550 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AAPL
APPLE INC
Technology 0.33% 0.34% #46 1
Prev: #45
0.6 -760 -10.6%
P
S
6,427 $1,747,132 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
LNTH
LANTHEUS HLDGS ...
Healthcare 0.31% 0.16% #47 7
Prev: #54
2.6 7,996 47.6%
P
S
24,788 $1,649,641 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
POOL
POOL CORP
Industrials 0.31% 0.79% #48 12
Prev: #36
0.1 -6,541 -47.8%
P
S
7,155 $1,636,798 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
PATH
UIPATH INC
Technology 0.30% 0.24% #49
Prev: #49
0.6 -27 -0.0%
P
S
96,817 $1,586,831 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PYPL
PAYPAL HLDGS IN...
Financial Services 0.26% #50
Prev: #—
3.6 23,736 no change
NEW
23,736 $1,385,708 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-50 of 127 holdings

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