NOVEM GROUP

Q3 2025 13F-HR Holdings

Location
Rochester, NY
Holdings as of
9/30/2025
Date filed
11/10/2025
Form type
13F-HR
Num holdings
419
Total value ($000)
$853,957
Net value change ($000)
+60,011 (7.6%)
New positions
38
Sold out positions
28
Turnover %
7.3%
Sector allocation + QoQ delta (equities-only)

Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown

Prev filing: 7/16/2025 Next filing: 1/27/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
PYLD 17,309 109.6%
IBDT 9,208 NEW
IBDU 9,089 NEW
IBDV 8,999 NEW
FEGE 6,580 NEW
VUG 3,875 28.4%
SPYV 2,905 24.0%
AAPL 2,313 16.6%
QTUM 2,254 NEW
FSMD 1,913 27.5%
Top Reduces (Value $000, Stocks/ETFs)
USFR -14,376 -79.4%
IBDR -12,689 -97.3%
IBDS -7,393 -44.0%
IBDQ -6,709 -100.0%
SPY -5,225 -68.2%
QUAL -2,325 -78.5%
VIG -1,092 -3.7%
GLOBAL SHIP LEASE INC NEW -910 -100.0%
AHC -901 -100.0%
SPYM -850 -3.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 14,756 (1.7% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type