1900 Wealth Management LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), 1900 Wealth Management LLC reported 233 stock positions worth $1.5 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 30.0% of the portfolio, followed by Janus Henderson Aaa Clo ETF (JAAA, 8.9%) and Victoryshares Core Plus Bond (UBND, 6.2%). Compared with Q2 2025, it opened 22 new positions, sold out of 3, added to 96 and reduced 76. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +26%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −44%).

Most Recent 13F
Q2 2026
Location
SAN ANTONIO, TX
CIK
0001791996
Portfolio Value
$1.5B (Q3 2025)
SEC Filing
0001791996-25-000007 ↗ filed Oct 17, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.2B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.5B $1.5B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.6B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 233 stocks · $1.5B
SPYM Ste STR SPDR PT S&P 500 ETF 29.99% 5,648,641 $442.5M Add +6.2%
JAAA Janus Henderson Aaa Clo ETF 8.91% 2,588,234 $131.4M Add +26.5%
UBND Victoryshares Core Plus Bond 6.24% 4,176,218 $92.1M Add +2.4%
JMUB JPMorgan Municipal ETF 4.02% 1,174,163 $59.3M Add +46.4%
DFUS Dimensional US Eq MKT ETF 3.76% 765,610 $55.5M Reduce -0.1%
IVV iShares Core S&P 500 ETF 3.16% 69,647 $46.6M Reduce -3.0%
SPMD SS SPDR P S&P 400 Midcap ETF 2.68% 691,808 $39.6M Add +10.4%
QUAL iShares MSCI USA Quality Fac 2.54% 192,751 $37.5M Reduce -0.6%
MTUM iShares MSCI USA Momentum Fa 2.34% 134,490 $34.5M Reduce -0.7%
VEA Vanguard Ftse Developed ETF 1.88% 462,226 $27.7M Add +0.4%
GSLC Goldman Activebeta US LC ETF 1.85% 209,874 $27.3M Reduce -1.3%
DFUV Dimensional US Marketwide Va 1.58% 520,638 $23.3M Reduce -1.6%
VONE Vanguard Russell 1000 1.41% 68,843 $20.8M Add +0.6%
ITOT iShares Core S&P Total U.S. 1.06% 107,564 $15.7M Reduce -2.6%
GSIE Goldman Sachs Activebeta Int 0.77% 274,592 $11.3M Reduce -2.2%
IWB iShares Russell 1000 ETF 0.76% 30,501 $11.1M Reduce -43.7%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.71% 245,243 $10.5M Reduce -0.2%
GSSC Goldman Sachs Activebeta US 0.71% 140,121 $10.5M Reduce -2.3%
IWF iShares Russell 1000 Growth 0.66% 20,729 $9.7M Reduce -0.3%
VTI VG Morningstar TS MKT ETF-US 0.63% 28,103 $9.2M Reduce -1.7%
DFAS Dimensional US Small Cap ETF 0.61% 132,109 $9.0M Reduce -0.9%
VTWO Vanguard Russell 2000 ETF 0.61% 92,287 $9.0M Add +0.0%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.59% 28,058 $8.6M Reduce -2.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.58% 29,103 $8.5M Add +1.1%
SPYV SS SPDR P S&P 500 Value ETF 0.57% 151,902 $8.4M Reduce -1.4%
IQLT iShares MSCI International Q 0.56% 187,614 $8.3M Reduce -0.1%
SPGP Invesco S&P 500 Garp ETF 0.55% 71,156 $8.1M Reduce -0.3%
AAPL Apple Inc. 0.53% 30,670 $7.8M Reduce -4.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.48% 10,609 $7.1M Add +34.8%
POWA Invesco Bloomberg Pricing Po 0.46% 75,357 $6.8M No change
DFAI Dimensional International Co. 0.46% 187,598 $6.8M Reduce -2.0%
VOO Vanguard S&P 500 ETF 0.46% 11,028 $6.8M Add +0.8%
MSFT Microsoft Corp. 0.46% 12,965 $6.7M Add +26.8%
IJR iShares Core S&P Small-Cap E 0.42% 52,707 $6.3M Add +2.4%
BRK.A Berkshire Hathaway Inc. Class A 0.41% 8 $6.0M No change
EFG iShares MSCI Eafe Growth ETF 0.40% 52,419 $6.0M Reduce -1.3%
IUSG iShares Core S&P U.S. Growth 0.40% 35,593 $5.9M Reduce -5.4%
VWO Vanguard Ftse Emerging Marke 0.40% 107,806 $5.8M Add +2.9%
DFIV Dimensional International Va 0.39% 125,185 $5.8M Reduce -0.9%
AMZN Amazon.com Inc. 0.37% 25,174 $5.5M Add +8.2%
USMV iShares MSCI USA Min Vol Fac 0.37% 57,608 $5.5M Reduce -0.1%
DLN Wisdomtree US Largecap Divid 0.37% 62,501 $5.4M Add +0.0%
TPL Texas Pacific Land Corp. 0.37% 5,811 $5.4M Reduce -9.4%
JPME JPM Diver Ret US MC Equity filed as J P MORGAN EXCHANGE TRADED F 0.35% 47,542 $5.2M Add +0.0%
DFAT Dimensional US Target Value 0.34% 85,928 $5.0M Reduce -0.7%
VTEB Vanguard Tax-Exempt Bond ETF 0.34% 99,735 $5.0M Reduce -56.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.30% 9,297 $4.5M Add +0.9%
XOM Exxon Mobil Corp. 0.30% 39,429 $4.4M Add +14.1%
CSW CSW Industrials Inc. 0.30% 18,272 $4.4M No change
PZA Invesco National Amt-Free Mu 0.29% 186,416 $4.3M Add +422.7%
SPSM SS SPDR P S&P 600 Small Cap 0.28% 87,789 $4.1M Reduce -6.9%
IWD iShares Russell 1000 Value E 0.27% 19,753 $4.0M No change
IMTM iShares MSCI Intl Momentum F 0.26% 80,161 $3.8M Reduce -4.2%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.25% 15,121 $3.7M Reduce -2.4%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.25% 9,044 $3.6M Add +0.0%
ET Energy Transfer LP 0.24% 206,170 $3.5M Add +1.9%
SCHX Schwab US Large-Cap ETF 0.23% 129,493 $3.4M Reduce -2.7%
GEM Goldman Sachs Activebeta Em 0.21% 77,166 $3.1M Reduce -1.5%
JPM JPMorgan Chase & Co. 0.20% 9,298 $2.9M Reduce -5.5%
DFAC Dimensional US Core Equity 2 0.19% 72,326 $2.8M Reduce -3.3%
VTHR Vanguard Russell 3000 0.19% 9,411 $2.8M No change
GOOG Alphabet Inc. Class C 0.19% 11,252 $2.7M Reduce -1.7%
VYM Vanguard High DVD Yield ETF 0.18% 19,241 $2.7M Reduce -5.1%
CAT Caterpillar Inc. 0.18% 5,516 $2.6M Add +56.4%
BRK.B Berkshire Hathaway Inc. Class B 0.18% 5,173 $2.6M Add +0.2%
VOOG Vanguard S&P 500 Growth ETF 0.17% 5,871 $2.6M Reduce -4.0%
SCHF Schwab Intl Equity ETF 0.17% 107,566 $2.5M Add +1.3%
GOOGL Alphabet Inc. Class A 0.16% 9,490 $2.3M Add +15.3%
IWR iShares Russell Mid-Cap ETF 0.15% 23,202 $2.2M Reduce -3.2%
HD Home Depot Inc. 0.14% 5,075 $2.1M Add +33.5%
IEMG iShares Core MSCI Emerging 0.14% 30,521 $2.0M Reduce -3.1%
SGOV iShares 0-3 Month Treasury B 0.13% 18,978 $1.9M Add +153.4%
ADBE Adobe Inc. 0.13% 5,388 $1.9M Add +287.6%
DFAE Dimensional Emerging Core Eq 0.13% 59,091 $1.9M Reduce -3.4%
AVGO Broadcom Inc. 0.13% 5,603 $1.8M Add +60.0%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.12% 35,946 $1.8M Reduce -3.0%
ETSY Etsy Inc. 0.12% 26,579 $1.8M Reduce -3.5%
SNPS Synopsys Inc. 0.12% 3,525 $1.7M Add +0.3%
NVDA Nvidia Corp. 0.11% 8,987 $1.7M Add +25.8%
FDL First Trust Morn DVD Lead Inc. 0.11% 37,604 $1.6M Reduce -3.7%
MEAR Ishrs Short Mat Muni Act ETF 0.11% 30,777 $1.6M No change
IDHQ Invesco S&P International DE 0.10% 44,740 $1.5M Reduce -16.1%
XLK SS Technology Select Sector 0.10% 5,198 $1.5M Add +0.1%
DWAS Invesco Dorsey Wright Smallc 0.10% 15,731 $1.4M Add +0.0%
SCHM Schwab US Mid Cap ETF 0.09% 46,973 $1.4M Add +1.6%
V Visa Inc. Class A 0.09% 4,039 $1.4M Reduce -6.3%
IUSV iShares Core S&P U.S. Value 0.09% 12,977 $1.3M Reduce -8.2%
EQL CI Inv SP 500 Equ Weg Ind-Ui 0.09% 28,152 $1.3M No change
HDV iShares Core High Dividend E 0.09% 10,561 $1.3M Reduce -0.4%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.09% 29,226 $1.3M Reduce -1.3%
VONV Vanguard Russell 1000 Value 0.08% 13,999 $1.3M No change
MLM Martin Marietta Materials 0.08% 1,919 $1.2M No change
IWM iShares Russell 2000 ETF 0.08% 4,980 $1.2M Reduce -5.7%
WMT Walmart Inc. 0.08% 11,611 $1.2M Add +16.6%
ABBV Abbvie Inc. 0.08% 5,005 $1.2M Add +49.2%
TSM Taiwan Semiconductor-SP ADR 0.08% 4,113 $1.1M Reduce -4.8%
PHM Pultegroup Inc. 0.08% 8,602 $1.1M No change
CFR Cullen/Frost Bankers Inc. 0.08% 8,896 $1.1M Reduce -0.9%
ORCL Oracle Corp. 0.07% 3,899 $1.1M Add +0.7%
EFX Equifax Inc. 0.07% 4,274 $1.1M No change
TFI SS SPDR N Ice Muni Bond ETF 0.07% 23,439 $1.1M Add +0.0%
PG The Procter & Gamble Co. 0.07% 6,839 $1.1M Add +63.1%
XYLD Global X S&P 500 Cove Call E 0.07% 26,666 $1.0M Reduce -1.0%
JNJ Johnson & Johnson 0.07% 5,645 $1.0M Add +11.0%
PM Philip Morris International 0.07% 6,359 $1.0M Add +6.6%
IJH iShares Core S&P Midcap ETF 0.07% 15,456 $1.0M Reduce -36.4%
ADSK Autodesk Inc. 0.07% 3,167 $1.0M Reduce -5.2%
XMLV Invesco S&P Midcap Low Volat 0.07% 15,573 $990K Add +0.1%
QQQ Invesco QQQ Trust Series 1 0.06% 1,558 $936K Add +291.5%
MCD McDonald's Corp. 0.06% 2,928 $890K Add +65.1%
CVX Chevron Corp. 0.06% 5,697 $885K Reduce -14.5%
HYMB SS SPDR N Ice HY Muni ETF 0.06% 34,713 $865K Reduce -4.0%
LUV Southwest Airlines Co. 0.06% 26,841 $857K Add +0.3%
LLY Eli Lilly & Co. 0.06% 1,098 $838K Add +117.0%
WFC Wells Fargo & Co. 0.05% 9,621 $806K Add +5.8%
VTWG Vanguard Russell 2000 Growth 0.05% 3,427 $801K Add +0.0%
FFIN First Finl Bankshares Inc. 0.05% 23,487 $790K Add +296.6%
NVS Novartis AG-Sponsored ADR 0.05% 5,893 $756K Add +0.3%
XLRE SS Real Estate Select Sector 0.05% 17,922 $755K No change
ASML ASML Holding NV-NY Reg SHS 0.05% 778 $753K Add +2.4%
NSC Norfolk Southern Corp. 0.05% 2,446 $735K Add +0.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.05% 3,919 $731K No change
DE Deere & Co. 0.05% 1,568 $717K Add +41.3%
TRMB Trimble Inc. 0.05% 8,763 $715K No change
META Meta Platforms Inc. Class A 0.04% 896 $658K Add +20.4%
CORZ Core Scientific Inc. 0.04% 35,811 $642K Add +0.8%
EFAV iShares MSCI Eafe Min Vol Fa 0.04% 7,499 $636K Reduce -2.2%
GS Goldman Sachs Group Inc. 0.04% 779 $621K Add +0.9%
ANET Arista Networks Inc. 0.04% 4,238 $618K Reduce -2.3%
VTWV Vanguard Russell 2000 Value 0.04% 3,948 $615K Add +0.1%
IWV iShares Russell 3000 ETF 0.04% 1,619 $613K Add +0.3%
VB Vanguard Most SM-Cap ETF-Usd 0.04% 2,385 $606K No change
TSLA Tesla Inc. 0.04% 1,335 $594K Add +14.7%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.04% 9,096 $588K No change
VBTX Veritex Holdings Inc. 0.04% 17,484 $586K Reduce -25.8%
USIG iShares Broad Usd Investment 0.04% 10,737 $561K No change
HON Honeywell International Inc. 0.04% 2,656 $559K Add +16.2%
UBER Uber Technologies Inc. 0.04% 5,704 $559K New
MUB iShares National Muni Bond E 0.04% 5,189 $553K Reduce -10.0%
QCOM Qualcomm Inc. 0.04% 3,318 $552K Add +78.1%
ABT Abbott Laboratories 0.04% 4,090 $548K Add +17.3%
IDXX Idexx Laboratories Inc. 0.04% 852 $544K No change
SPHQ Invesco S&P 500 Quality ETF 0.04% 7,362 $540K Add +15.1%
IBDT iShares Ibonds Dec 2028 ETF 0.04% 21,118 $539K Add +1.1%
PFE Pfizer Inc. 0.04% 21,139 $539K Add +4.2%
DFIC Dimensional International Co. 0.04% 16,298 $534K No change
IBDS Ishrs Ibnds Dec 27 Corp. ETF 0.04% 21,939 $534K Add +1.1%
NKE Nike Inc. Class B 0.04% 7,605 $530K Add +0.1%
IBDR iShares Ibonds Dec 2026 Term 0.04% 21,799 $530K Add +1.1%
TMO Thermo Fisher Scientific Inc. 0.04% 1,091 $530K Reduce -13.3%
CME Cme Group Inc. 0.04% 1,958 $529K Add +5.4%
SUB iShares Short-Term National 0.04% 4,928 $526K Add +0.1%
ADP Automatic Data Processing 0.03% 1,743 $512K Add +9.6%
ROP Roper Technologies Inc. 0.03% 1,025 $511K Add +0.5%
IBDU iShares Ibonds Dec 2029 Term 0.03% 21,682 $509K No change
MRK Merck & Co. Inc. 0.03% 5,903 $498K Add +29.2%
MBB iShares MBS ETF 0.03% 5,207 $495K Reduce -0.4%
PRF Invesco Rafi US 1000 ETF 0.03% 10,913 $493K No change
IVOO Vanguard S&P Mid-Cap 400 ETF 0.03% 4,461 $492K No change
UNP Union Pacific Corp. 0.03% 2,051 $485K Reduce -2.1%
SBR Sabine Royalty Trust 0.03% 5,908 $469K No change
SFNC Simmons First Natl Corp. Class A 0.03% 23,514 $456K Reduce -50.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.03% 4,022 $438K Add +0.4%
SHEL Shell PLC-ADR 0.03% 6,125 $438K Add +1.1%
T AT&T Inc. 0.03% 15,442 $436K Add +0.3%
ROK Rockwell Automation Inc. 0.03% 1,245 $435K No change
COST Costco Wholesale Corp. 0.03% 468 $433K Reduce -0.8%
CDNS Cadence Design SYS Inc. 0.03% 1,230 $432K Reduce -3.6%
VOOV Vanguard S&P 500 Value ETF 0.03% 2,090 $417K Reduce -24.5%
KO The Coca-Cola Co. 0.03% 6,201 $412K Add +1.4%
IDV iShares International Select 0.03% 11,224 $410K Reduce -2.5%
AXP American Express Co. 0.03% 1,226 $407K No change
ICLR Icon PLC 0.03% 2,327 $407K No change
UL Unilever PLC 0.03% 6,862 $407K Add +1.0%
CSWC Capital Southwest Corp. 0.03% 18,272 $399K No change
KMI Kinder Morgan Inc. 0.03% 13,625 $386K Reduce -3.0%
KNTK Kinetik Holdings Inc. 0.03% 8,982 $384K New
XLY SS Consumer Disc Select Sect 0.03% 1,598 $383K Add +0.2%
DHR Danaher Corp. 0.03% 1,860 $369K Add +0.2%
MUNI PIMCO Intermediate Municipal 0.02% 7,031 $368K No change
DUK Duke Energy Corp. 0.02% 2,973 $355K Add +30.0%
JEPI JPMorgan Equity Premium Inco 0.02% 6,166 $352K Reduce -1.6%
MO Altria Group Inc. 0.02% 5,261 $348K Add +0.8%
MPC Marathon Petroleum Corp. 0.02% 1,762 $340K Reduce -14.9%
PANW Palo Alto Networks Inc. 0.02% 1,656 $337K Reduce -39.4%
NVO Novo-Nordisk A/S-Spons ADR 0.02% 6,069 $337K Add +0.8%
LMT Lockheed Martin Corp. 0.02% 672 $336K New
MTD Mettler-Toledo International 0.02% 269 $330K Add +0.8%
PEP Pepsico Inc. 0.02% 2,320 $326K Add +1.0%
FELE Franklin Electric Co. Inc. 0.02% 3,350 $319K No change
CSCO Cisco Systems Inc. 0.02% 4,646 $318K New
EMR Emerson Electric Co. 0.02% 2,407 $316K Add +21.7%
BND Vanguard Total Bond Market 0.02% 4,182 $311K Add +1.3%
DEO Diageo PLC-Sponsored ADR 0.02% 3,236 $309K Add +0.5%
INTC Intel Corp. 0.02% 9,159 $307K New
BSTZ BlackRock Sci & Tech TRM TR 0.02% 13,524 $300K New
CMA Comerica Inc. 0.02% 4,203 $291K No change
KYN Kayne Anderson Energy Infra 0.02% 23,459 $290K New
OEF iShares S&P 100 ETF 0.02% 869 $289K Add +0.2%
RVTY Revvity Inc. 0.02% 3,276 $287K Reduce -0.2%
VHT Vanguard Health Care ETF 0.02% 1,074 $279K No change
MU Micron Technology Inc. 0.02% 1,663 $278K Add +0.1%
EEM iShares MSCI Emerging Market 0.02% 5,207 $278K No change
KR Kroger Co. 0.02% 4,079 $275K No change
XLV SS Health Care Select Sector 0.02% 1,972 $274K Add +0.4%
LOW Lowe's Cos Inc. 0.02% 1,074 $270K Add +3.9%
TAGG T Rowe Price QM US Bond ETF 0.02% 6,161 $265K Reduce -1.4%
IVW iShares S&P 500 Growth ETF 0.02% 2,168 $262K Reduce -13.3%
ADI Analog Devices Inc. 0.02% 1,054 $259K Add +2.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.02% 2,260 $259K No change
BX Blackstone Inc. 0.02% 1,514 $259K New
GE General Electric filed as GE AEROSPACE 0.02% 845 $254K New
WMB Williams Cos Inc. 0.02% 3,832 $243K New
ABEV Ambev SA-ADR 0.02% 108,856 $243K No change
DCI Donaldson Co. Inc. 0.02% 2,884 $236K No change
SUN Sunoco LP 0.02% 4,712 $236K Add +0.8%
IGM iShares Expanded Tech Sector 0.02% 1,800 $227K New
IAU iShares Gold Trust 0.02% 3,105 $226K New
SCHZ Schwab US Aggregate Bond ETF 0.02% 9,547 $224K Reduce -0.4%
KKR KKR & Co. Inc. 0.02% 1,714 $223K New
KMB Kimberly-Clark Corp. 0.01% 1,772 $222K New
MAGS Roundhill Magnificent Seven 0.01% 3,382 $219K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 775 $219K New
MINT PIMCO Enhanced Short Maturit 0.01% 2,172 $219K Add +0.5%
URI United Rentals Inc. 0.01% 228 $217K New
RTX RTX Corp. 0.01% 1,274 $213K New
DSI iShares ESG MSCI KLD 400 ETF 0.01% 1,663 $209K New
EOG EOG Resources Inc. 0.01% 1,858 $208K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.01% 1,948 $204K New
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.01% 684 $201K New
DIV Global X Superdividend Use 0.01% 10,267 $182K No change
BRAND ENGAGEMENT NETWORK INC 0.00% 48,588 $14K New
NAK Northern Dynasty Minerals 0.00% 10,500 $13K No change

Portfolio Sells Q2 2025 → Q3 2025
IWB iShares Russell 1000 ETF Reduce -43.7% 0.76% −0.64
VTEB Vanguard Tax-Exempt Bond ETF Reduce -56.1% 0.34% −0.50
IVV iShares Core S&P 500 ETF Reduce -3.0% 3.16% −0.21
TPL Texas Pacific Land Corp. Reduce -9.4% 0.37% −0.14
QUAL iShares MSCI USA Quality Fac Reduce -0.6% 2.54% −0.14
DFUS Dimensional US Eq MKT ETF Reduce -0.1% 3.76% −0.13
MTUM iShares MSCI USA Momentum Fa Reduce -0.7% 2.34% −0.12
DFUV Dimensional US Marketwide Va Reduce -1.6% 1.58% −0.12
GSLC Goldman Activebeta US LC ETF Reduce -1.3% 1.85% −0.10
GSIE Goldman Sachs Activebeta Int Reduce -2.2% 0.77% −0.08
ITOT iShares Core S&P Total U.S. Reduce -2.6% 1.06% −0.07
IQLT iShares MSCI International Q Reduce -0.1% 0.56% −0.05
IJH iShares Core S&P Midcap ETF Reduce -36.4% 0.07% −0.05
EFG iShares MSCI Eafe Growth ETF Reduce -1.3% 0.40% −0.05
SPYV SS SPDR P S&P 500 Value ETF Reduce -1.4% 0.57% −0.04
DFAI Dimensional International Co. Reduce -2.0% 0.46% −0.04
USMV iShares MSCI USA Min Vol Fac Reduce -0.1% 0.37% −0.04
SFNC Simmons First Natl Corp. Class A Reduce -50.6% 0.03% −0.04
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -2.2% 0.59% −0.03
SPGP Invesco S&P 500 Garp ETF Reduce -0.3% 0.55% −0.03
GSSC Goldman Sachs Activebeta US Reduce -2.3% 0.71% −0.03
VTI VG Morningstar TS MKT ETF-US Reduce -1.7% 0.63% −0.03
IUSG iShares Core S&P U.S. Growth Reduce -5.4% 0.40% −0.03
IDHQ Invesco S&P International DE Reduce -16.1% 0.10% −0.03
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -0.2% 0.71% −0.03
DFAS Dimensional US Small Cap ETF Reduce -0.9% 0.61% −0.03
IMTM iShares MSCI Intl Momentum F Reduce -4.2% 0.26% −0.03
SPSM SS SPDR P S&P 600 Small Cap Reduce -6.9% 0.28% −0.03
MA Mastercard Inc. Class A Sold out 0.00% −0.02
V Visa Inc. Class A Reduce -6.3% 0.09% −0.02
VYM Vanguard High DVD Yield ETF Reduce -5.1% 0.18% −0.02
PANW Palo Alto Networks Inc. Reduce -39.4% 0.02% −0.02
JMST JPM Ultra-Short Muni Income Reduce -3.0% 0.12% −0.02
DFIV Dimensional International Va Reduce -0.9% 0.39% −0.02
JPM JPMorgan Chase & Co. Reduce -5.5% 0.20% −0.02
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.02
CRM Salesforce Inc. Sold out 0.00% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -3.2% 0.15% −0.01
SCHX Schwab US Large-Cap ETF Reduce -2.7% 0.23% −0.01
DFAT Dimensional US Target Value Reduce -0.7% 0.34% −0.01
DFAC Dimensional US Core Equity 2 Reduce -3.3% 0.19% −0.01
MGC Vngrd Mrngstr MG Cap ETF-Usd Reduce -2.4% 0.25% −0.01
IUSV iShares Core S&P U.S. Value Reduce -8.2% 0.09% −0.01
FDL First Trust Morn DVD Lead Inc. Reduce -3.7% 0.11% −0.01
CVX Chevron Corp. Reduce -14.5% 0.06% −0.01
VOOV Vanguard S&P 500 Value ETF Reduce -24.5% 0.03% −0.01
CFR Cullen/Frost Bankers Inc. Reduce -0.9% 0.08% −0.01
VOOG Vanguard S&P 500 Growth ETF Reduce -4.0% 0.17% −0.01
ADSK Autodesk Inc. Reduce -5.2% 0.07% −0.01
IWF iShares Russell 1000 Growth Reduce -0.3% 0.66% −0.01

Portfolio Buys Q2 2025 → Q3 2025
JAAA Janus Henderson Aaa Clo ETF Add +26.5% 8.91% +1.05
JMUB JPMorgan Municipal ETF Add +46.4% 4.02% +1.00
SPYM Ste STR SPDR PT S&P 500 ETF Add +6.2% 29.99% +0.76
PZA Invesco National Amt-Free Mu Add +422.7% 0.29% +0.23
SPY SS SPDR S&P 500 ETF Trust-US Add +34.8% 0.48% +0.11
SPMD SS SPDR P S&P 400 Midcap ETF Add +10.4% 2.68% +0.10
ADBE Adobe Inc. Add +287.6% 0.13% +0.09
CAT Caterpillar Inc. Add +56.4% 0.18% +0.07
SGOV iShares 0-3 Month Treasury B Add +153.4% 0.13% +0.07
MSFT Microsoft Corp. Add +26.8% 0.46% +0.07
AVGO Broadcom Inc. Add +60.0% 0.13% +0.05
QQQ Invesco QQQ Trust Series 1 Add +291.5% 0.06% +0.05
GOOGL Alphabet Inc. Class A Add +15.3% 0.16% +0.05
UBER Uber Technologies Inc. New 0.04% +0.04
FFIN First Finl Bankshares Inc. Add +296.6% 0.05% +0.04
HD Home Depot Inc. Add +33.5% 0.14% +0.03
ABBV Abbvie Inc. Add +49.2% 0.08% +0.03
NVDA Nvidia Corp. Add +25.8% 0.11% +0.03
LLY Eli Lilly & Co. Add +117.0% 0.06% +0.03
KNTK Kinetik Holdings Inc. New 0.03% +0.03
LMT Lockheed Martin Corp. New 0.02% +0.02
CSCO Cisco Systems Inc. New 0.02% +0.02
MCD McDonald's Corp. Add +65.1% 0.06% +0.02
INTC Intel Corp. New 0.02% +0.02
PG The Procter & Gamble Co. Add +63.1% 0.07% +0.02
BSTZ BlackRock Sci & Tech TRM TR New 0.02% +0.02
KYN Kayne Anderson Energy Infra New 0.02% +0.02
XOM Exxon Mobil Corp. Add +14.1% 0.30% +0.02
BX Blackstone Inc. New 0.02% +0.02
GE General Electric New 0.02% +0.02
WMB Williams Cos Inc. New 0.02% +0.02
IGM iShares Expanded Tech Sector New 0.02% +0.02
IAU iShares Gold Trust New 0.02% +0.02
KKR KKR & Co. Inc. New 0.02% +0.02
KMB Kimberly-Clark Corp. New 0.01% +0.01
QCOM Qualcomm Inc. Add +78.1% 0.04% +0.01
MAGS Roundhill Magnificent Seven New 0.01% +0.01
IBM Intl Business Machines Corp. New 0.01% +0.01
URI United Rentals Inc. New 0.01% +0.01
RTX RTX Corp. New 0.01% +0.01
DSI iShares ESG MSCI KLD 400 ETF New 0.01% +0.01
SPYG SS SPDR P S&P 500 Growth ETF New 0.01% +0.01
VOT Vngrd Mrngstr MC GRW ETF-Usd New 0.01% +0.01
TSLA Tesla Inc. Add +14.7% 0.04% +0.01
JNJ Johnson & Johnson Add +11.0% 0.07% +0.01
ORCL Oracle Corp. Add +0.7% 0.07% +0.01
WMT Walmart Inc. Add +16.6% 0.08% +0.01
MRK Merck & Co. Inc. Add +29.2% 0.03% +0.01
DE Deere & Co. Add +41.3% 0.05% +0.01
ASML ASML Holding NV-NY Reg SHS Add +2.4% 0.05% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 311$1.8BSPYM, PAAA, UBND, JMUB, DFUS
Q1 2026 252$1.6BSPYM, JAAA, UBND, JMUB, DFUS
Q4 2025 241$1.6BSPYM, JAAA, UBND, JMUB, DFUS
Q3 2025 233$1.5BSPYM, JAAA, UBND, JMUB, DFUS
Q2 2025 214$1.3BSPYM, JAAA, UBND, DFUS, IVV
Q1 2025 214$1.2BSPYM, JAAA, UBND, DFUS, IVV
Q4 2024 223$1.2BSPYM, JAAA, UBND, DFUS, IVV
Q3 2024Amended 223$1.2BSPYM, JAAA, UBND, DFUS, IVV
Q2 2024 221$1.1BSPYM, JAAA, UBND, DFUS, IVV
Q1 2024 235$1.1BSPYM, IVV, JAAA, DFUS, UBND