Ackerman Capital Advisors, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Ackerman Capital Advisors, LLC reported 109 stock positions worth $378.6 million. Its top holding was Vanguard Tax-Exempt Bond ETF (VTEB) at 15.3% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 14.0%) and Vanguard Int Div App Indx FD (VIGI, 4.3%). Compared with Q4 2024, it opened 9 new positions, added to 35 and reduced 31. The biggest buy was iShares MSCI Global Min Vol (ACWV, shares +2%) and the biggest sale SS SPDR P S&P 500 Growth ETF (SPYG, shares −1%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001699506
Portfolio Value
$378.6M (Q1 2025)
SEC Filing
0001699506-25-000002 ↗ filed May 9, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $362.0M Q1 2024 Q2 2024: $377.2M Q2 2024 Q3 2024: $387.2M Q3 2024 Q4 2024: $381.4M Q4 2024 Q1 2025: $378.6M $378.6M Q1 2025 Q2 2025: $430.5M Q2 2025 Q3 2025: $477.7M Q3 2025 Q4 2025: $498.2M Q4 2025 Q1 2026: $488.0M Q1 2026 Q2 2026: $495.8M Q2 2026

Holdings 109 stocks · $378.6M
VTEB Vanguard Tax-Exempt Bond ETF 15.32% 1,169,258 $58.0M Reduce -4.1%
SPYG SS SPDR P S&P 500 Growth ETF 14.04% 661,363 $53.2M Reduce -0.6%
VIGI Vanguard Int Div App Indx FD 4.29% 195,666 $16.2M Reduce -3.8%
SCHG Schwab US Large-Cap Growth 4.11% 621,102 $15.6M Reduce -3.4%
SPYV SS SPDR P S&P 500 Value ETF 3.97% 294,169 $15.0M Add +4.9%
TFI SS SPDR N Ice Muni Bond ETF 3.86% 323,890 $14.6M Reduce -5.4%
ACWV iShares MSCI Global Min Vol 3.37% 109,649 $12.8M Add +1.9%
IVLU iShares MSCI International V 3.29% 410,978 $12.5M Reduce -0.2%
VYMI Vanguard Int High DVD YLD Inc. 3.14% 161,222 $11.9M Add +0.4%
SUB iShares Short-Term National 2.99% 107,116 $11.3M Reduce -0.6%
SCHV Schwab US Large-Cap Value 2.85% 406,394 $10.8M Add +1.7%
MUB iShares National Muni Bond E 2.41% 86,403 $9.1M Add +5.3%
BWX SS SPDR BB Intl Treasury BD 2.32% 401,451 $8.8M Reduce -2.8%
IEMG iShares Core MSCI Emerging 2.11% 147,909 $8.0M Reduce -7.1%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.89% 197,585 $7.1M Add +2.8%
VTV Vanguard Mrngstr Val ETF-Aui 1.77% 38,723 $6.7M Reduce -0.5%
IAU iShares Gold Trust 1.74% 111,790 $6.6M Reduce -0.8%
SCHE Schwab Emrg Mrkts Eqty ETF 1.65% 227,201 $6.3M Reduce -0.3%
VGLT Vanguard Long-Term Treasury 1.51% 99,002 $5.7M Add +0.6%
SGOV iShares 0-3 Month Treasury B 1.49% 56,016 $5.6M Add +0.8%
VGIT Vanguard Intermediate-Term T 1.42% 90,473 $5.4M Add +7.4%
IQLT iShares MSCI International Q 1.31% 124,874 $5.0M Add +1.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.29% 26,260 $4.9M Add +0.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.04% 15,590 $3.9M Add +0.5%
IGIB iShares 5-10Y Inv Grade Corp. 0.90% 64,614 $3.4M Add +0.8%
BSV Vanguard Short-Term Bond ETF 0.70% 33,769 $2.6M Add +1.4%
IVV iShares Core S&P 500 ETF 0.69% 4,650 $2.6M Reduce -0.4%
VWOB Vanguard Emerg MKTS Gov BND 0.66% 38,677 $2.5M Add +2.4%
XOM Exxon Mobil Corp. 0.60% 19,094 $2.3M No change
IUSG iShares Core S&P U.S. Growth 0.53% 15,698 $2.0M No change
LEO BNY Mellon Strategic Muni 0.48% 296,722 $1.8M Reduce -6.5%
DMB BNY Mellon Muni BND Infra 0.46% 165,932 $1.8M Add +2.5%
XMVTX BlackRock Munivest Fund II 0.42% 148,924 $1.6M Reduce -4.4%
BLE BlackRock Muni Inc. TR II 0.40% 146,802 $1.5M Reduce -6.7%
BRK.B Berkshire Hathaway Inc. Class B 0.38% 2,682 $1.4M Reduce -2.4%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.37% 45,317 $1.4M Reduce -0.5%
GOOGL Alphabet Inc. Class A 0.36% 8,800 $1.4M No change
QUAL iShares MSCI USA Quality Fac 0.36% 7,905 $1.4M Reduce -0.8%
CVX Chevron Corp. 0.34% 7,807 $1.3M No change
IBIT iShares Bitcoin Trust ETF 0.34% 27,742 $1.3M Add +52.4%
MSFT Microsoft Corp. 0.34% 3,438 $1.3M No change
V Visa Inc. Class A 0.32% 3,476 $1.2M No change
AAPL Apple Inc. 0.32% 5,449 $1.2M Reduce -5.3%
VIOV Vanguard S&P Small-Cap 600 V 0.32% 14,292 $1.2M Add +10.8%
SHM SS SPDR N Ice St Muni ETF 0.27% 21,567 $1.0M Add +1.9%
VIOG Vanguard S&P SM Cap 600 GRW 0.27% 9,447 $1.0M Add +5.6%
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.26% 171,986 $992K Add +16.5%
VWO Vanguard Ftse Emerging Marke 0.25% 20,921 $947K Add +30.1%
IWF iShares Russell 1000 Growth 0.25% 2,610 $942K No change
NBH Neuberger Municipal Fund Inc. 0.25% 89,576 $932K Add +11.3%
VT Vanguard Tot World STK ETF 0.25% 8,031 $931K Reduce -0.8%
MHD BlackRock Muniholdings Fund 0.24% 77,996 $916K Add +20.3%
VYM Vanguard High DVD Yield ETF 0.24% 7,039 $908K No change
JPM JPMorgan Chase & Co. 0.21% 3,306 $811K Add +5.7%
PZA Invesco National Amt-Free Mu 0.21% 34,719 $800K Reduce -20.6%
MCD McDonald's Corp. 0.20% 2,470 $772K No change
NFLX Netflix Inc. 0.19% 787 $734K No change
EOG EOG Resources Inc. 0.19% 5,701 $731K No change
ITM Vaneck Intermediate Muni ETF 0.18% 14,962 $681K New
MYI BlackRock Muniyield QLTY III 0.17% 59,518 $654K Add +27.0%
IGRO iShares Intl Div Growth ETF 0.17% 8,914 $646K No change
BFK BlackRock Municipal Inc. TRST 0.17% 63,270 $626K Reduce -14.3%
UNP Union Pacific Corp. 0.16% 2,601 $614K No change
ABT Abbott Laboratories 0.16% 4,602 $610K No change
GS Goldman Sachs Group Inc. 0.16% 1,110 $606K No change
COP Conocophillips 0.15% 5,450 $572K No change
XLK SS Technology Select Sector 0.14% 2,647 $547K Add +10.0%
IMTM iShares MSCI Intl Momentum F 0.14% 13,069 $522K Reduce -0.3%
MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI 0.13% 31,617 $477K Add +44.1%
UDR Udr Inc. 0.12% 10,050 $454K No change
FMN Federated Herm Prem Muni Inc. 0.12% 41,310 $449K Add +21.5%
PEP Pepsico Inc. 0.11% 2,692 $404K No change
MMU Western Asset Managed Munici 0.10% 37,142 $382K Add +5.7%
NUW Nuveen Amt-Free Muni Val 0.10% 27,710 $381K Reduce -10.8%
SLYV SS SPDR S&P 600 SC Val ETF 0.09% 4,552 $357K No change
XBKNX BlackRock Invest QLTY Muni 0.09% 30,603 $352K Add +8.7%
EFAV iShares MSCI Eafe Min Vol Fa 0.09% 4,300 $335K No change
BYM BlackRock Muni Inc. QLTY 0.09% 30,730 $331K Add +83.8%
JNJ Johnson & Johnson 0.08% 1,900 $315K No change
BTT BlackRock 2030 Muni TRGT TRM 0.08% 14,590 $310K Reduce -39.8%
SLYG SS SPDR S&P 600 SC GR ETF 0.08% 3,681 $306K No change
TXN Texas Instruments Inc. 0.08% 1,600 $288K No change
IJT iShares S&P Small-Cap 600 GR 0.08% 2,300 $286K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 6,820 $285K Reduce -0.6%
EOT Eaton Vance National Municip 0.07% 16,506 $275K Add +18.8%
FNDX Schwab Fndmntl US LRG Co. ETF 0.07% 11,066 $261K Reduce -6.4%
QCOM Qualcomm Inc. 0.07% 1,696 $261K No change
DHR Danaher Corp. 0.07% 1,249 $256K No change
AXP American Express Co. 0.07% 946 $255K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 2,566 $253K No change
SBR Sabine Royalty Trust 0.06% 3,417 $231K No change
HD Home Depot Inc. 0.06% 598 $219K No change
LUV Southwest Airlines Co. 0.06% 6,382 $214K No change
LLY Eli Lilly & Co. 0.06% 257 $212K New
GLD SPDR Gold Shares 0.05% 721 $208K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 824 $205K New
VFL Abrdn National Municipal Inc. 0.05% 18,170 $184K Add +31.2%
AAL American Airlines Group Inc. 0.04% 15,315 $162K No change
AFB Allianceberstein NTL Muni 0.04% 14,003 $152K Add +35.7%
XMQTX BlackRock Muniyield QLTY II 0.04% 14,346 $143K Reduce -46.3%
EVN Eaton Vance Muni Inc. TR 0.04% 13,588 $139K Reduce -3.5%
NUV Nuveen Municipal Value 0.03% 14,982 $131K Reduce -68.4%
XPCQX PIMCO California Muni Inc. FD 0.03% 13,750 $122K New
MUE BlackRock Munihold QLT FD II 0.03% 11,810 $118K New
MFM Aberdeen Municipal Income 0.03% 20,332 $108K New
XMVFX BlackRock Munivest Fund 0.03% 15,242 $107K New
VMO Invesco Municipal Opport 0.03% 10,211 $97K New
MGRX Mangoceuticals Inc. 0.02% 34,500 $67K No change
BLACKBOXSTOCKS INC 0.01% 12,627 $43K No change

Portfolio Sells Q4 2024 → Q1 2025
SPYG SS SPDR P S&P 500 Growth ETF Reduce -0.6% 14.04% −1.30
VTEB Vanguard Tax-Exempt Bond ETF Reduce -4.1% 15.32% −0.69
SCHG Schwab US Large-Cap Growth Reduce -3.4% 4.11% −0.59
TFI SS SPDR N Ice Muni Bond ETF Reduce -5.4% 3.86% −0.24
NUV Nuveen Municipal Value Reduce -68.4% 0.03% −0.07
IEMG iShares Core MSCI Emerging Reduce -7.1% 2.11% −0.07
PZA Invesco National Amt-Free Mu Reduce -20.6% 0.21% −0.06
AAPL Apple Inc. Reduce -5.3% 0.32% −0.06
BTT BlackRock 2030 Muni TRGT TRM Reduce -39.8% 0.08% −0.05
XMQTX BlackRock Muniyield QLTY II Reduce -46.3% 0.04% −0.03
BLE BlackRock Muni Inc. TR II Reduce -6.7% 0.40% −0.03
IVV iShares Core S&P 500 ETF Reduce -0.4% 0.69% −0.03
BFK BlackRock Municipal Inc. TRST Reduce -14.3% 0.17% −0.03
LEO BNY Mellon Strategic Muni Reduce -6.5% 0.48% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -0.8% 0.36% −0.02
XMVTX BlackRock Munivest Fund II Reduce -4.4% 0.42% −0.02
NUW Nuveen Amt-Free Muni Val Reduce -10.8% 0.10% −0.01
FNDX Schwab Fndmntl US LRG Co. ETF Reduce -6.4% 0.07% −0.00
BAC Bank of America Corp. Reduce -0.6% 0.08% −0.00
VT Vanguard Tot World STK ETF Reduce -0.8% 0.25% −0.00
EVN Eaton Vance Muni Inc. TR Reduce -3.5% 0.04% −0.00
BWX SS SPDR BB Intl Treasury BD Reduce -2.8% 2.32% +0.00
SUB iShares Short-Term National Reduce -0.6% 2.99% +0.01
IMTM iShares MSCI Intl Momentum F Reduce -0.3% 0.14% +0.01
VIGI Vanguard Int Div App Indx FD Reduce -3.8% 4.29% +0.02
FNDE Schwab Fndmntl Em MRK Eq ETF Reduce -0.5% 0.37% +0.02
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.5% 1.77% +0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.4% 0.38% +0.05
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -0.3% 1.65% +0.06
IAU iShares Gold Trust Reduce -0.8% 1.74% +0.28
IVLU iShares MSCI International V Reduce -0.2% 3.29% +0.36

Portfolio Buys Q4 2024 → Q1 2025
ACWV iShares MSCI Global Min Vol Add +1.9% 3.37% +0.29
VYMI Vanguard Int High DVD YLD Inc. Add +0.4% 3.14% +0.28
FNDF Schwab Fndmn Intl LRG Co. ETF Add +2.8% 1.89% +0.21
SPYV SS SPDR P S&P 500 Value ETF Add +4.9% 3.97% +0.21
ITM Vaneck Intermediate Muni ETF New 0.18% +0.18
VGIT Vanguard Intermediate-Term T Add +7.4% 1.42% +0.14
SCHV Schwab US Large-Cap Value Add +1.7% 2.85% +0.12
MUB iShares National Muni Bond E Add +5.3% 2.41% +0.11
IQLT iShares MSCI International Q Add +1.5% 1.31% +0.11
IBIT iShares Bitcoin Trust ETF Add +52.4% 0.34% +0.09
VGLT Vanguard Long-Term Treasury Add +0.6% 1.51% +0.08
VWO Vanguard Ftse Emerging Marke Add +30.1% 0.25% +0.06
LLY Eli Lilly & Co. New 0.06% +0.06
GLD SPDR Gold Shares New 0.05% +0.05
IBM Intl Business Machines Corp. New 0.05% +0.05
MHD BlackRock Muniholdings Fund Add +20.3% 0.24% +0.04
MMD Nylim Mackay Definedterm Mun Add +44.1% 0.13% +0.04
BYM BlackRock Muni Inc. QLTY Add +83.8% 0.09% +0.04
DSM BNYM Strat Muni BND Add +16.5% 0.26% +0.04
MYI BlackRock Muniyield QLTY III Add +27.0% 0.17% +0.04
XPCQX PIMCO California Muni Inc. FD New 0.03% +0.03
MUE BlackRock Munihold QLT FD II New 0.03% +0.03
IGIB iShares 5-10Y Inv Grade Corp. Add +0.8% 0.90% +0.03
VWOB Vanguard Emerg MKTS Gov BND Add +2.4% 0.66% +0.03
MFM Aberdeen Municipal Income New 0.03% +0.03
XMVFX BlackRock Munivest Fund New 0.03% +0.03
NBH Neuberger Municipal Fund Inc. Add +11.3% 0.25% +0.03
SGOV iShares 0-3 Month Treasury B Add +0.8% 1.49% +0.03
VMO Invesco Municipal Opport New 0.03% +0.03
DMB BNY Mellon Muni BND Infra Add +2.5% 0.46% +0.02
BSV Vanguard Short-Term Bond ETF Add +1.4% 0.70% +0.02
FMN Federated Herm Prem Muni Inc. Add +21.5% 0.12% +0.02
JPM JPMorgan Chase & Co. Add +5.7% 0.21% +0.02
EOT Eaton Vance National Municip Add +18.8% 0.07% +0.01
VFL Abrdn National Municipal Inc. Add +31.2% 0.05% +0.01
AFB Allianceberstein NTL Muni Add +35.7% 0.04% +0.01
XBKNX BlackRock Invest QLTY Muni Add +8.7% 0.09% +0.01
SHM SS SPDR N Ice St Muni ETF Add +1.9% 0.27% +0.01
MMU Western Asset Managed Munici Add +5.7% 0.10% +0.01
VIOV Vanguard S&P Small-Cap 600 V Add +10.8% 0.32% +0.00
XLK SS Technology Select Sector Add +10.0% 0.14% −0.00
VIOG Vanguard S&P SM Cap 600 GRW Add +5.6% 0.27% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.5% 1.29% −0.07
VBK Van Morst SML-Cap Gro-Usd Inc. Add +0.5% 1.04% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 119$495.8MSPYG, VTEB, MUB, VIGI, SCHG
Q1 2026 114$488.0MSPYG, VTEB, MUB, VIGI, VYMI
Q4 2025 121$498.2MSPYG, VTEB, MUB, VIGI, SPYV
Q3 2025 117$477.7MSPYG, VTEB, SPYV, MUB, VIGI
Q2 2025 112$430.5MSPYG, VTEB, MUB, SPYV, VIGI
Q1 2025 109$378.6MVTEB, SPYG, VIGI, SCHG, SPYV
Q4 2024 100$381.4MVTEB, SPYG, SCHG, VIGI, TFI
Q3 2024 100$387.2MVTEB, SPYG, VIGI, SCHG, TFI
Q2 2024 97$377.2MVTEB, SPYG, SCHG, VIGI, TFI
Q1 2024 100$362.0MVTEB, SPYG, SPYV, VIGI, SCHG