INTEGRATED CAPITAL MANAGEMENT, INC. Diversified Active

CIK: 0001608826 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Jan 8, 2026

Total Value ($000): $150,421 (100.0% shares, 0.0% debt)

Holdings (60)

New Positions (3)

SPTB SPDR SERIES TRUST 4.4%

Value ($000) $6,690 Shares 219,883 Est. Cost $30.43 Unrealized —

— SABA CAPITAL INCOME & OPRNT 0.2%

Value ($000) $277 Shares 39,528 Est. Cost $7.01 Unrealized —

CEFZ ELEVATION SERIES TRUST 0.1%

Value ($000) $198 Shares 24,182 Est. Cost $8.19 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPTB	SPDR SERIES TRUST	219,883	$6,690	4.4%	$30.43	—	STATE STREET SPD	78468R457
—	SABA CAPITAL INCOME & OPRNT	39,528	$277	0.2%	$7.01	—	SHS NEW	78518H202
CEFZ	ELEVATION SERIES TRUST	24,182	$198	0.1%	$8.19	—	RIVERNORTH ACTIV	210322673

Increased Positions (33)

EFV ISHARES TR 13.4%

Value ($000) $20,159 (+8.9%) Shares 282,299 (+3.4%) Est. Cost $60.11 Unrealized —

SPDW SPDR INDEX SHS FDS 6.3%

Value ($000) $9,439 (+9.1%) Shares 212,533 (+5.1%) Est. Cost $33.76 Unrealized —

EMLC VANECK ETF TRUST 4.7%

Value ($000) $7,037 (+7.0%) Shares 272,547 (+5.7%) Est. Cost $25.02 Unrealized —

SPTM SPDR SERIES TRUST 4.8%

Value ($000) $7,256 (+6.5%) Shares 87,954 (+4.1%) Est. Cost $55.65 Unrealized —

SPTS SPDR SERIES TRUST 5.0%

Value ($000) $7,537 (+4.7%) Shares 257,412 (+4.9%) Est. Cost $28.87 Unrealized —

PDBC INVESCO ACTVELY MNGD ETC FD 6.8%

Value ($000) $10,216 (+3.0%) Shares 771,004 (+4.4%) Est. Cost $13.58 Unrealized —

MFEM PIMCO EQUITY SER 3.7%

Value ($000) $5,572 (+4.0%) Shares 240,956 (+1.3%) Est. Cost $18.88 Unrealized —

DMBS DOUBLELINE ETF TRUST 4.0%

Value ($000) $6,091 (+3.3%) Shares 122,657 (+3.3%) Est. Cost $48.73 Unrealized —

SPTI SPDR SERIES TRUST 4.6%

Value ($000) $6,935 (+2.7%) Shares 240,469 (+2.9%) Est. Cost $30.32 Unrealized —

USFR WISDOMTREE TR 1.0%

Value ($000) $1,555 (+9.4%) Shares 30,911 (+9.3%) Est. Cost $61.23 Unrealized —

— EATON VANCE TAX-MANAGED GLOB 0.3%

Value ($000) $425 (+29.8%) Shares 46,097 (+27.4%) Est. Cost $8.18 Unrealized —

VEA VANGUARD TAX-MANAGED FDS 0.8%

Value ($000) $1,178 (+8.2%) Shares 18,863 (+3.8%) Est. Cost $86.25 Unrealized —

SPTL SPDR SERIES TRUST 1.9%

Value ($000) $2,899 (+3.0%) Shares 109,510 (+4.9%) Est. Cost $28.96 Unrealized —

TFI SPDR SERIES TRUST 1.3%

Value ($000) $2,010 (+4.1%) Shares 43,966 (+3.8%) Est. Cost $45.58 Unrealized —

SPIB SPDR SERIES TRUST 1.9%

Value ($000) $2,822 (+2.5%) Shares 83,478 (+2.7%) Est. Cost $33.37 Unrealized —

— BLACKROCK ENHANCED GLOBAL DI 0.2%

Value ($000) $291 (+28.9%) Shares 24,829 (+27.4%) Est. Cost $10.60 Unrealized —

SPYV SPDR SERIES TRUST 0.6%

Value ($000) $942 (+7.3%) Shares 16,581 (+4.5%) Est. Cost $52.83 Unrealized —

— NUVEEN S&P 500 BUY-WRITE INC 0.3%

Value ($000) $408 (+10.9%) Shares 27,738 (+8.9%) Est. Cost $13.70 Unrealized —

— PIMCO MUN INCOME FD II 0.3%

Value ($000) $490 (+7.7%) Shares 64,977 (+13.0%) Est. Cost $7.88 Unrealized —

— NUVEEN DOW 30 DYNMC OVERWRT 0.2%

Value ($000) $277 (+12.4%) Shares 18,177 (+9.7%) Est. Cost $14.31 Unrealized —

VTI VANGUARD INDEX FDS 0.4%

Value ($000) $548 (+5.4%) Shares 1,633 (+3.2%) Est. Cost $225.10 Unrealized —

— SRH TOTAL RETURN FUND INC 0.3%

Value ($000) $383 (+7.7%) Shares 20,650 (+5.5%) Est. Cost $14.97 Unrealized —

— WESTERN ASSET MANAGED MUNS F 0.2%

Value ($000) $331 (+6.4%) Shares 31,736 (+5.4%) Est. Cost $10.56 Unrealized —

— VIRTUS TOTAL RETURN FD INC 0.2%

Value ($000) $274 (+6.7%) Shares 43,477 (+9.3%) Est. Cost $5.18 Unrealized —

FREL FIDELITY COVINGTON TRUST 0.6%

Value ($000) $874 (-1.6%) Shares 32,487 (+1.8%) Est. Cost $27.79 Unrealized —

— BNY MELLON STRATEGIC MUNS IN 0.2%

Value ($000) $287 (+4.7%) Shares 45,145 (+2.9%) Est. Cost $6.60 Unrealized —

— EATON VANCE TAX MNGED BUY WR 0.2%

Value ($000) $267 (+4.6%) Shares 17,471 (+2.7%) Est. Cost $13.90 Unrealized —

— BLACKROCK MUNIYIELD FD INC 0.2%

Value ($000) $301 (+3.3%) Shares 28,669 (+4.0%) Est. Cost $10.06 Unrealized —

— BLACKROCK MUNIVEST FD INC 0.2%

Value ($000) $244 (+4.0%) Shares 35,279 (+3.0%) Est. Cost $7.48 Unrealized —

— BLACKROCK MUNIHOLDINGS FD IN 0.2%

Value ($000) $277 (+2.7%) Shares 23,596 (+2.8%) Est. Cost $13.61 Unrealized —

— BLACKROCK MUN INCOME TR 0.2%

Value ($000) $282 (+1.8%) Shares 28,119 (+2.0%) Est. Cost $9.18 Unrealized —

— WESTERN ASSET MTG DEFINED OP 0.1%

Value ($000) $195 (-1.9%) Shares 17,674 (+4.0%) Est. Cost $14.09 Unrealized —

— NYLI MACKAY DEFINEDTERM MUNI 0.2%

Value ($000) $256 (-0.2%) Shares 17,213 (+1.5%) Est. Cost $14.93 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
EFV	ISHARES TR	282,299 (+3.4%)	$20,159 (+8.9%)	13.4%	$60.11	—	EAFE VALUE ETF	464288877
SPDW	SPDR INDEX SHS FDS	212,533 (+5.1%)	$9,439 (+9.1%)	6.3%	$33.76	—	PORTFOLIO DEVLPD	78463X889
EMLC	VANECK ETF TRUST	272,547 (+5.7%)	$7,037 (+7.0%)	4.7%	$25.02	—	JP MRGAN EM LOC	92189H300
SPTM	SPDR SERIES TRUST	87,954 (+4.1%)	$7,256 (+6.5%)	4.8%	$55.65	—	STATE STREET SPD	78464A805
SPTS	SPDR SERIES TRUST	257,412 (+4.9%)	$7,537 (+4.7%)	5.0%	$28.87	—	STATE STREET SPD	78468R101
PDBC	INVESCO ACTVELY MNGD ETC FD	771,004 (+4.4%)	$10,216 (+3.0%)	6.8%	$13.58	—	OPTIMUM YIELD	46090F100
MFEM	PIMCO EQUITY SER	240,956 (+1.3%)	$5,572 (+4.0%)	3.7%	$18.88	—	RAFI DYN EMERG	72202L389
DMBS	DOUBLELINE ETF TRUST	122,657 (+3.3%)	$6,091 (+3.3%)	4.0%	$48.73	—	MORTGAGE ETF	25861R402
SPTI	SPDR SERIES TRUST	240,469 (+2.9%)	$6,935 (+2.7%)	4.6%	$30.32	—	STATE STREET SPD	78464A672
USFR	WISDOMTREE TR	30,911 (+9.3%)	$1,555 (+9.4%)	1.0%	$61.23	—	FLOATNG RAT TREA	97717Y527
—	EATON VANCE TAX-MANAGED GLOB	46,097 (+27.4%)	$425 (+29.8%)	0.3%	$8.18	—	COM	27829C105
VEA	VANGUARD TAX-MANAGED FDS	18,863 (+3.8%)	$1,178 (+8.2%)	0.8%	$86.25	—	VAN FTSE DEV MKT	921943858
SPTL	SPDR SERIES TRUST	109,510 (+4.9%)	$2,899 (+3.0%)	1.9%	$28.96	—	STATE STREET SPD	78464A664
TFI	SPDR SERIES TRUST	43,966 (+3.8%)	$2,010 (+4.1%)	1.3%	$45.58	—	STATE STREET SPD	78468R721
SPIB	SPDR SERIES TRUST	83,478 (+2.7%)	$2,822 (+2.5%)	1.9%	$33.37	—	STATE STREET SPD	78464A375
—	BLACKROCK ENHANCED GLOBAL DI	24,829 (+27.4%)	$291 (+28.9%)	0.2%	$10.60	—	COM	092501105
SPYV	SPDR SERIES TRUST	16,581 (+4.5%)	$942 (+7.3%)	0.6%	$52.83	—	STATE STREET SPD	78464A508
—	NUVEEN S&P 500 BUY-WRITE INC	27,738 (+8.9%)	$408 (+10.9%)	0.3%	$13.70	—	COM	6706ER101
—	PIMCO MUN INCOME FD II	64,977 (+13.0%)	$490 (+7.7%)	0.3%	$7.88	—	COM	72200W106
—	NUVEEN DOW 30 DYNMC OVERWRT	18,177 (+9.7%)	$277 (+12.4%)	0.2%	$14.31	—	SHS	67075F105
VTI	VANGUARD INDEX FDS	1,633 (+3.2%)	$548 (+5.4%)	0.4%	$225.10	—	TOTAL STK MKT	922908769
—	SRH TOTAL RETURN FUND INC	20,650 (+5.5%)	$383 (+7.7%)	0.3%	$14.97	—	COM	101507101
—	WESTERN ASSET MANAGED MUNS F	31,736 (+5.4%)	$331 (+6.4%)	0.2%	$10.56	—	COM	95766M105
—	VIRTUS TOTAL RETURN FD INC	43,477 (+9.3%)	$274 (+6.7%)	0.2%	$5.18	—	COM	92835W107
FREL	FIDELITY COVINGTON TRUST	32,487 (+1.8%)	$874 (-1.6%)	0.6%	$27.79	—	MSCI RL EST ETF	316092857
—	BNY MELLON STRATEGIC MUNS IN	45,145 (+2.9%)	$287 (+4.7%)	0.2%	$6.60	—	COM	05588W108
—	EATON VANCE TAX MNGED BUY WR	17,471 (+2.7%)	$267 (+4.6%)	0.2%	$13.90	—	COM	27828X100
—	BLACKROCK MUNIYIELD FD INC	28,669 (+4.0%)	$301 (+3.3%)	0.2%	$10.06	—	COM	09253W104
—	BLACKROCK MUNIVEST FD INC	35,279 (+3.0%)	$244 (+4.0%)	0.2%	$7.48	—	COM	09253R105
—	BLACKROCK MUNIHOLDINGS FD IN	23,596 (+2.8%)	$277 (+2.7%)	0.2%	$13.61	—	COM	09253N104
—	BLACKROCK MUN INCOME TR	28,119 (+2.0%)	$282 (+1.8%)	0.2%	$9.18	—	SH BEN INT	09248F109
—	WESTERN ASSET MTG DEFINED OP	17,674 (+4.0%)	$195 (-1.9%)	0.1%	$14.09	—	COM	95790B109
—	NYLI MACKAY DEFINEDTERM MUNI	17,213 (+1.5%)	$256 (-0.2%)	0.2%	$14.93	—	COM	56064K100

Exited Positions (2)

SPAB SPDR SERIES TRUST 4.2%

Value ($000) $6,364 Shares 246,189 Est. Cost $25.42 Unrealized —

— EATON VANCE TAX-MANAGED GLOB 0.3%

Value ($000) $436 Shares 47,930 Est. Cost $7.99 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPAB	SPDR SERIES TRUST	246,189	$6,364	4.2%	$25.42	—	—	78464A649
—	EATON VANCE TAX-MANAGED GLOB	47,930	$436	0.3%	$7.99	—	—	27829F108

Decreased Positions (10)

— HIGHLAND OPPS & INCOME FD 0.2%

Value ($000) $235 (-9.5%) Shares 39,358 (-3.9%) Est. Cost $7.12 Unrealized —

— PIMCO HIGH INCOME FD 0.3%

Value ($000) $402 (-3.8%) Shares 82,802 (-1.2%) Est. Cost $5.33 Unrealized —

— FLAHERTY & CRUMRINE PFD SECS 0.2%

Value ($000) $309 (-4.6%) Shares 18,723 (-2.4%) Est. Cost $13.61 Unrealized —

— BLACKROCK TAX MUNICPAL BD TR 0.2%

Value ($000) $345 (-3.3%) Shares 21,141 (-1.6%) Est. Cost $16.38 Unrealized —

— PUTNAM MUN OPPORTUNITIES TR 0.2%

Value ($000) $245 (+2.5%) Shares 22,908 (-1.0%) Est. Cost $10.12 Unrealized —

— BLACKROCK MUN TARGET TERM TR 0.3%

Value ($000) $488 (-1.1%) Shares 21,377 (-2.7%) Est. Cost $21.00 Unrealized —

— BNY MELLON STRATEGIC MUN BD 0.2%

Value ($000) $238 (+2.3%) Shares 38,573 (-1.9%) Est. Cost $4.76 Unrealized —

— GDL FD 0.1%

Value ($000) $131 (-3.1%) Shares 15,447 (-2.2%) Est. Cost $8.17 Unrealized —

— MFS MUN INCOME TR 0.1%

Value ($000) $131 (-2.6%) Shares 24,148 (-3.3%) Est. Cost $6.02 Unrealized —

— INVESCO HIGH INCOME TR II 0.1%

Value ($000) $134 (-2.1%) Shares 12,012 (-1.7%) Est. Cost $12.26 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	HIGHLAND OPPS & INCOME FD	39,358 (-3.9%)	$235 (-9.5%)	0.2%	$7.12	—	HIGHLAND INCOME	43010E404
—	PIMCO HIGH INCOME FD	82,802 (-1.2%)	$402 (-3.8%)	0.3%	$5.33	—	COM SHS	722014107
—	FLAHERTY & CRUMRINE PFD SECS	18,723 (-2.4%)	$309 (-4.6%)	0.2%	$13.61	—	COM	338478100
—	BLACKROCK TAX MUNICPAL BD TR	21,141 (-1.6%)	$345 (-3.3%)	0.2%	$16.38	—	SHS	09248X100
—	PUTNAM MUN OPPORTUNITIES TR	22,908 (-1.0%)	$245 (+2.5%)	0.2%	$10.12	—	SH BEN INT	746922103
—	BLACKROCK MUN TARGET TERM TR	21,377 (-2.7%)	$488 (-1.1%)	0.3%	$21.00	—	COM SHS BEN IN	09257P105
—	BNY MELLON STRATEGIC MUN BD	38,573 (-1.9%)	$238 (+2.3%)	0.2%	$4.76	—	COM	09662E109
—	GDL FD	15,447 (-2.2%)	$131 (-3.1%)	0.1%	$8.17	—	COM SH BEN IT	361570104
—	MFS MUN INCOME TR	24,148 (-3.3%)	$131 (-2.6%)	0.1%	$6.02	—	SH BEN INT	552738106
—	INVESCO HIGH INCOME TR II	12,012 (-1.7%)	$134 (-2.1%)	0.1%	$12.26	—	COM	46131F101

Unchanged Positions (14)

AVLV AMERICAN CENTY ETF TR 13.1%

Value ($000) $19,681 Shares 259,744 Est. Cost $53.51 Unrealized —

DFSV DIMENSIONAL ETF TRUST 2.6%

Value ($000) $3,843 Shares 116,842 Est. Cost $31.84 Unrealized —

VIG VANGUARD SPECIALIZED FUNDS 6.3%

Value ($000) $9,516 Shares 43,297 Est. Cost $55.33 Unrealized —

MSFT MICROSOFT CORP 0.3%

Value ($000) $435 Shares 900 Est. Cost $307.21 Unrealized +62.9%

JQUA J P MORGAN EXCHANGE TRADED F 3.0%

Value ($000) $4,503 Shares 71,266 Est. Cost $44.28 Unrealized —

— ABRDN EMERGING MARKETS EX CH 0.2%

Value ($000) $236 Shares 33,754 Est. Cost $4.96 Unrealized —

IWF ISHARES TR 1.7%

Value ($000) $2,555 Shares 5,397 Est. Cost $275.17 Unrealized —

— BNY MELLON HIGH YIELD STRATE 0.2%

Value ($000) $246 Shares 99,238 Est. Cost $2.40 Unrealized —

QQQ INVESCO QQQ TR 0.2%

Value ($000) $262 Shares 426 Est. Cost $551.64 Unrealized —

— CREDIT SUISSE HIGH YIELD CRE 0.2%

Value ($000) $249 Shares 124,404 Est. Cost $2.01 Unrealized —

— VIRTUS CONVERTIBLE & INCOME 0.2%

Value ($000) $260 Shares 17,132 Est. Cost $14.20 Unrealized —

— NEUBERGER MUN FD INC 0.2%

Value ($000) $250 Shares 24,752 Est. Cost $10.39 Unrealized —

— VIRTUS CONVERTIBLE & INC FD 0.1%

Value ($000) $222 Shares 16,126 Est. Cost $12.84 Unrealized —

— BLACKROCK MUNI INCOME TR II 0.2%

Value ($000) $282 Shares 27,040 Est. Cost $11.28 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVLV	AMERICAN CENTY ETF TR	259,744	$19,681	13.1%	$53.51	—	US LARGE CAP VLU	025072349
DFSV	DIMENSIONAL ETF TRUST	116,842	$3,843	2.6%	$31.84	—	US SMALL CAP VAL	25434V815
VIG	VANGUARD SPECIALIZED FUNDS	43,297	$9,516	6.3%	$55.33	—	DIV APP ETF	921908844
MSFT	MICROSOFT CORP	900	$435	0.3%	$307.21	+62.9%	COM	594918104
JQUA	J P MORGAN EXCHANGE TRADED F	71,266	$4,503	3.0%	$44.28	—	US QUALTY FCTR	46641Q761
—	ABRDN EMERGING MARKETS EX CH	33,754	$236	0.2%	$4.96	—	COM	00301W105
IWF	ISHARES TR	5,397	$2,555	1.7%	$275.17	—	RUS 1000 GRW ETF	464287614
—	BNY MELLON HIGH YIELD STRATE	99,238	$246	0.2%	$2.40	—	SH BEN INT	09660L105
QQQ	INVESCO QQQ TR	426	$262	0.2%	$551.64	—	UNIT SER 1	46090E103
—	CREDIT SUISSE HIGH YIELD CRE	124,404	$249	0.2%	$2.01	—	SH BEN INT	22544F103
—	VIRTUS CONVERTIBLE & INCOME	17,132	$260	0.2%	$14.20	—	COM NEW	92838X805
—	NEUBERGER MUN FD INC	24,752	$250	0.2%	$10.39	—	COM	64124P101
—	VIRTUS CONVERTIBLE & INC FD	16,126	$222	0.1%	$12.84	—	COM NEW	92838U801
—	BLACKROCK MUNI INCOME TR II	27,040	$282	0.2%	$11.28	—	COM	09249N101