Synergy Asset Management, LLC

VANCOUVER, WA · CIK 1699080 · 13F filing filed 2025-04-22

SEC-registered investment adviser since 2005 · limited liability company

Assets managed$1.3bn
Staff14 · 10 in investment roles
Main clients (by assets)Other advisers 42%, High net worth individuals 28%, Individuals 26%
Private funds1 (1 hedge) · $19.7m gross assets
Websitesamadvisortech.com
Form ADV · 2026-03-17SEC adviser record

$793.1m reported value -38.6% vs Q4 2024

171positions

45.2%in top 10

36 new 50 added 84 reduced 742 sold out vs Q4 2024

Holdings, Q1 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	178,107	$66.9m8.43%	8.43%	Reduced -85.2k	-85,164 -32.4%
2	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	533,333	$48.9m6.17%	6.17%	Reduced -1.1m	-1,114,633 -67.6%
3	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	430,875	$43.4m5.47%	5.47%	Reduced -338.0k	-338,013 -44.0%
4	APPLE INC COM AAPL	AAPL	175,777	$39.0m4.92%	4.92%	Reduced -7.6k	-7,621 -4.2%
5	NVIDIA CORPORATION COM NVDA	NVDA	294,490	$31.9m4.02%	4.02%	Reduced -274.2k	-274,208 -48.2%
6	AMAZON COM INC COM AMZN	AMZN	153,946	$29.3m3.69%	3.69%	Reduced -3.0k	-2,958 -1.9%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	173,395	$26.8m3.38%	3.38%	Reduced -6.3k	-6,349 -3.5%
8	COCA COLA CO COM KO	KO	370,909	$26.6m3.35%	3.35%	Reduced -140.0k	-139,951 -27.4%
9	AXIS CAP HLDGS LTD SHS AXS	AXS	264,360	$26.5m3.34%	3.34%	New
10	CORCEPT THERAPEUTICS INC COM CORT	CORT	170,751	$19.5m2.46%	2.46%	Reduced -291.7k	-291,660 -63.1%
11	META PLATFORMS INC CL A META	META	33,455	$19.3m2.43%	2.43%	Reduced -32.5k	-32,477 -49.3%
12	LEIDOS HOLDINGS INC COM LDOS	LDOS	141,314	$19.1m2.40%	2.40%	Added +57.2k	+57,151 67.9%
13	SCHLUMBERGER LTD COM STK SLB	SLB	438,944	$18.3m2.31%	2.31%	Reduced -244.5k	-244,489 -35.8%
14	CENCORA INC COM COR	COR	63,464	$17.6m2.23%	2.23%	Reduced -6.9k	-6,934 -9.8%
15	PROCTER AND GAMBLE CO COM PG	PG	95,440	$16.3m2.05%	2.05%	Added +89.0k	+89,007 1383.6%
16	TESLA INC COM TSLA	TSLA	59,040	$15.3m1.93%	1.93%	Reduced -25.0k	-24,954 -29.7%
17	ADOBE INC COM ADBE	ADBE	37,834	$14.5m1.83%	1.83%	Added +31.6k	+31,619 508.8%
18	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	24,304	$12.9m1.63%	1.63%	Added +225	+225 0.9%
19	GILEAD SCIENCES INC COM GILD	GILD	106,500	$11.9m1.50%	1.50%	Reduced -85.3k	-85,305 -44.5%
20	BROADCOM INC COM AVGO	AVGO	67,704	$11.3m1.43%	1.43%	Added +48.0k	+48,006 243.7%
21	REPUBLIC SVCS INC COM RSG	RSG	46,754	$11.3m1.43%	1.43%	New
22	UNITED RENTALS INC COM URI	URI	14,663	$9.2m1.16%	1.16%	New
23	CHEVRON CORP NEW COM CVX	CVX	53,631	$9.0m1.13%	1.13%	Reduced -264	-264 -0.5%
24	MEDTRONIC PLC SHS MDT	MDT	98,314	$8.8m1.11%	1.11%	Reduced -129.5k	-129,488 -56.8%
25	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	29,259	$8.0m1.01%	1.01%	Reduced -23.1k	-23,077 -44.1%
26	HONEYWELL INTL INC COM COM		35,489	$7.5m0.95%	0.95%	Reduced -39.0k	-38,995 -52.4%
27	FIRST TR EXCHANGE-TRADED FD FIRST TR ENH NEW FTSM	FTSM	114,063	$6.8m0.86%	0.86%	Reduced -133.2k	-133,234 -53.9%
28	EATON CORP PLC SHS ETN	ETN	24,499	$6.7m0.84%	0.84%	Reduced -17.3k	-17,297 -41.4%
29	REALTY INCOME CORP COM O	O	110,887	$6.4m0.81%	0.81%	Reduced -38.5k	-38,542 -25.8%
30	S&P GLOBAL INC COM SPGI	SPGI	12,128	$6.2m0.78%	0.78%	Reduced -11.7k	-11,740 -49.2%
31	COMCAST CORP NEW CL A CMCSA	CMCSA	155,860	$5.8m0.73%	0.73%	Reduced -142.2k	-142,173 -47.7%
32	ABBOTT LABS COM ABT	ABT	41,486	$5.5m0.69%	0.69%	Reduced -13.8k	-13,824 -25.0%
33	KIMBERLY-CLARK CORP COM KMB	KMB	38,314	$5.4m0.69%	0.69%	Added +38.1k	+38,069 15538.4%
34	CISCO SYS INC COM CSCO	CSCO	85,073	$5.2m0.66%	0.66%	Reduced -7.1k	-7,104 -7.7%
35	MASTERCARD INCORPORATED CL A MA	MA	9,541	$5.2m0.66%	0.66%	Reduced -9.8k	-9,831 -50.8%
36	ESSENTIAL UTILS INC COM WTRG	WTRG	128,722	$5.1m0.64%	0.64%	Reduced -19.3k	-19,287 -13.0%
37	ANALOG DEVICES INC COM ADI	ADI	25,195	$5.1m0.64%	0.64%	Reduced -374	-374 -1.5%
38	GE AEROSPACE COM NEW GE	GE	25,265	$5.1m0.64%	0.64%	Reduced -23.0k	-22,965 -47.6%
39	ALTRIA GROUP INC COM MO	MO	78,680	$4.7m0.60%	0.60%	Added +66.8k	+66,848 565.0%
40	US BANCORP DEL COM NEW USB	USB	104,392	$4.4m0.56%	0.56%	Added +104.1k	+104,083 33683.8%
41	UNITEDHEALTH GROUP INC COM UNH	UNH	8,190	$4.3m0.54%	0.54%	Reduced -7.9k	-7,885 -49.0%
42	LOCKHEED MARTIN CORP COM LMT	LMT	9,421	$4.2m0.53%	0.53%	Added +2.2k	+2,178 30.1%
43	ISHARES TR CORE US AGGBD ET AGG	AGG	41,450	$4.1m0.52%	0.52%	Reduced -32.1k	-32,102 -43.6%
44	VERIZON COMMUNICATIONS INC COM VZ	VZ	87,317	$4.0m0.50%	0.50%	Reduced -18.2k	-18,223 -17.3%
45	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	111,912	$3.8m0.48%	0.48%	Reduced -173.1k	-173,078 -60.7%
46	COSTCO WHSL CORP NEW COM COST	COST	3,906	$3.7m0.47%	0.47%	Reduced -3.5k	-3,521 -47.4%
47	KLA CORP COM NEW KLAC	KLAC	5,172	$3.5m0.44%	0.44%	Reduced -569	-569 -9.9%
48	ELI LILLY & CO COM LLY	LLY	4,107	$3.4m0.43%	0.43%	Reduced -2.9k	-2,904 -41.4%
49	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	31,126	$3.2m0.41%	0.41%	Added +31.1k	+31,124 1556200.0%
50	ISHARES INC US INTL HGH YLD GHYG	GHYG	71,647	$3.2m0.40%	0.40%	New
51	SSGA ACTIVE TR SPDR DBLELN EMRG EMTL	EMTL	73,402	$3.2m0.40%	0.40%	New
52	J P MORGAN EXCHANGE TRADED F INCOME ETF JPIE	JPIE	68,548	$3.2m0.40%	0.40%	New
53	MERCK & CO INC COM MRK	MRK	34,822	$3.1m0.39%	0.39%	Reduced -161.6k	-161,639 -82.3%
54	MICROSTRATEGY INC CL A NEW MSTR	MSTR	10,036	$2.9m0.36%	0.36%	Reduced -9.3k	-9,348 -48.2%
55	NATIONAL FUEL GAS CO COM NFG	NFG	36,474	$2.9m0.36%	0.36%	Reduced -56.4k	-56,407 -60.7%
56	FIRST TR EXCHANGE-TRADED FD DORSEYWRIGHT MOM DDIV	DDIV	69,298	$2.6m0.33%	0.33%	Added +27.7k	+27,651 66.4%
57	INVESCO EXCHANGE TRADED FD T S&P500 PUR VAL RPV	RPV	27,941	$2.6m0.33%	0.33%	Added +27.9k	+27,935 465583.3%
58	FIRST TR EXCHNG TRADED FD VI VEST NASDAQ-100 QMAG	QMAG	126,534	$2.6m0.32%	0.32%	Reduced -167.4k	-167,444 -57.0%
59	ISHARES INC ESG AWR MSCI EM ESGE	ESGE	73,145	$2.6m0.32%	0.32%	Added +72.9k	+72,871 26595.3%
60	FIRST TR EXCH TRD ALPHDX FD DEV MRK EX US FDT	FDT	43,680	$2.5m0.32%	0.32%	New
61	FIRST TR EXCHNG TRADED FD VI FT VEST US EQT GAUG	GAUG	65,225	$2.3m0.29%	0.29%	Reduced -82.3k	-82,274 -55.8%
62	CAMBRIA ETF TR GLOBAL VALUE ETF GVAL	GVAL	86,203	$2.1m0.27%	0.27%	New
63	ABBVIE INC COM ABBV	ABBV	10,159	$2.1m0.27%	0.27%	Added +1.4k	+1,378 15.7%
64	PUTNAM ETF TRUST FOCUSED LAR CAP PVAL	PVAL	53,538	$2.0m0.26%	0.26%	Added +43.6k	+43,567 436.9%
65	SPDR GOLD TR GOLD SHS GLD	GLD	7,059	$2.0m0.26%	0.26%	Reduced -3.8k	-3,781 -34.9%
66	ISHARES TR MSCI USA MMENTM MTUM	MTUM	9,865	$2.0m0.25%	0.25%	Added +9.9k	+9,861 246525.0%
67	CHEMED CORP NEW COM CHE	CHE	3,049	$1.9m0.24%	0.24%	Added +1.6k	+1,586 108.4%
68	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	29,445	$1.8m0.23%	0.23%	Reduced -18.1k	-18,149 -38.1%
69	HCA HEALTHCARE INC COM HCA	HCA	5,073	$1.8m0.22%	0.22%	Added +1.2k	+1,170 30.0%
70	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	3,093	$1.7m0.22%	0.22%	Reduced -5.2k	-5,205 -62.7%
71	ISHARES TR CORE INTL AGGR IAGG	IAGG	34,372	$1.7m0.22%	0.22%	Reduced -30.7k	-30,706 -47.2%
72	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	9,770	$1.7m0.21%	0.21%	Reduced -198	-198 -2.0%
73	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	4,534	$1.7m0.21%	0.21%	Reduced -3.9k	-3,939 -46.5%
74	ISHARES INC MSCI GBL GOLD MN RING	RING	41,716	$1.6m0.20%	0.20%	Reduced -61.1k	-61,105 -59.4%
75	ISHARES INC MSCI GLB SLV&MTL SLVP	SLVP	104,422	$1.6m0.20%	0.20%	Added +102.1k	+102,130 4455.9%
76	GLOBAL X FDS GLB X MLP ENRG I MLPX	MLPX	24,428	$1.6m0.20%	0.20%	New
77	SPDR SER TR S&P INS ETF KIE	KIE	25,428	$1.5m0.19%	0.19%	New
78	VICI PPTYS INC COM VICI	VICI	45,608	$1.5m0.19%	0.19%	Added +45.2k	+45,222 11715.5%
79	BANK AMERICA CORP COM BAC	BAC	32,864	$1.4m0.17%	0.17%	Added +9.2k	+9,172 38.7%
80	FIRST TR EXCHNG TRADED FD VI FT VEST NAS QMAR	QMAR	48,045	$1.4m0.17%	0.17%	Added +31.3k	+31,304 187.0%
81	CONOCOPHILLIPS COM COP	COP	12,194	$1.3m0.16%	0.16%	Added +11.7k	+11,659 2179.2%
82	FIRST TR EXCHNG TRADED FD VI FT VEST US EQT FJAN	FJAN	28,435	$1.3m0.16%	0.16%	New
83	FIRST TR EXCHNG TRADED FD VI FT VEST US EQT FJUL	FJUL	26,382	$1.3m0.16%	0.16%	New
84	VANGUARD BD INDEX FDS INTERMED TERM BIV	BIV	16,005	$1.2m0.15%	0.15%	Reduced -5.5k	-5,525 -25.7%
85	BOSTON SCIENTIFIC CORP COM BSX	BSX	11,929	$1.2m0.15%	0.15%	New
86	WELLS FARGO CO NEW COM WFC	WFC	15,540	$1.1m0.14%	0.14%	Reduced -9.2k	-9,176 -37.1%
87	MCDONALDS CORP COM MCD	MCD	3,261	$1.0m0.13%	0.13%	Added +964	+964 42.0%
88	GRAPHIC PACKAGING HLDG CO COM GPK	GPK	39,216	$1.0m0.13%	0.13%	Reduced -25.1k	-25,127 -39.0%
89	FIRST TR EXCHNG TRADED FD VI FT VEST NAS QSPT	QSPT	37,598	$996.6k0.13%	0.13%	New
90	NEUROCRINE BIOSCIENCES INC COM NBIX	NBIX	8,765	$969.4k0.12%	0.12%	Added +1.5k	+1,543 21.4%
91	ISHARES TR 1 3 YR TREAS BD SHY	SHY	11,448	$947.1k0.12%	0.12%	Added +6.6k	+6,638 138.0%
92	CATERPILLAR INC COM CAT	CAT	2,747	$906.0k0.11%	0.11%	Added +1	+1 0.0%
93	ELEVANCE HEALTH INC COM ELV	ELV	2,061	$896.5k0.11%	0.11%	New
94	JOHNSON & JOHNSON COM JNJ	JNJ	5,067	$840.3k0.11%	0.11%	Reduced -7.7k	-7,667 -60.2%
95	ISHARES SILVER TR ISHARES SLV	SLV	26,978	$836.0k0.11%	0.11%	Added +20.2k	+20,192 297.6%
96	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	2,688	$821.3k0.10%	0.10%	Unchanged
97	SCHWAB STRATEGIC TR FUNDAMENTAL EMER FNDE	FNDE	26,371	$812.2k0.10%	0.10%	Reduced -26.5k	-26,493 -50.1%
98	FRANKLIN ETF TR SHRT DUR US GOVT FTSD	FTSD	8,806	$799.3k0.10%	0.10%	Added +1.7k	+1,730 24.4%
99	SPDR SER TR BLOOMBERG 3-12 M BILS	BILS	8,000	$795.9k0.10%	0.10%	New
100	VICTORY PORTFOLIOS II SHORT TRM BD ETF USTB	USTB	15,641	$792.2k0.10%	0.10%	New

Sold out since Q4 2024

Security	Ticker	Shares held before	Value then
PDD HOLDINGS INC PDD	PDD	205,740	$23.2m205.7k shares
PARSONS CORP DEL PSN	PSN	138,657	$12.5m138.7k shares
AGILYSYS INC AGYS	AGYS	86,080	$11.2m86.1k shares
PEAPACK-GLADSTONE FINL CORP PGC	PGC	349,414	$9.7m349.4k shares
LAM RESEARCH CORP		10,460	$8.5m10.5k shares
ISHARES TR GARP	GARP	103,194	$5.6m103.2k shares
PORTLAND GEN ELEC CO POR	POR	114,496	$5.1m114.5k shares
PROSHARES TR HYHG	HYHG	76,968	$5.0m77.0k shares
PIMCO ETF TR HYS	HYS	53,237	$5.0m53.2k shares
FIRST TR EXCH TRADED FD III FPEI	FPEI	264,352	$5.0m264.4k shares
SPDR SER TR CWB	CWB	62,579	$4.9m62.6k shares
SSGA ACTIVE ETF TR INKM	INKM	122,890	$4.0m122.9k shares
ETFIS SER TR I PFFA	PFFA	175,534	$4.0m175.5k shares
INVESCO EXCH TRADED FD TR II PGX	PGX	322,684	$4.0m322.7k shares
ISHARES BITCOIN TRUST ETF IBIT	IBIT	105,825	$3.8m105.8k shares
RENAISSANCE CAP GREENWICH FD IPO	IPO	86,884	$3.8m86.9k shares
SONOCO PRODS CO SON	SON	66,754	$3.6m66.8k shares
SPDR SER TR XHB	XHB	27,877	$3.5m27.9k shares
ISHARES ETHEREUM TR ETHA	ETHA	130,727	$3.4m130.7k shares
ETFIS SER TR I UTES	UTES	50,996	$3.3m51.0k shares
TARGET CORP TGT	TGT	18,891	$2.6m18.9k shares
FOX CORP FOX	FOX	61,166	$2.6m61.2k shares
FLEXSHARES TR ESG	ESG	17,435	$2.4m17.4k shares
HONDA MOTOR LTD HMC	HMC	69,608	$2.2m69.6k shares
ISHARES TR OEF	OEF	7,613	$2.2m7.6k shares