Ackerman Capital Advisors, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Ackerman Capital Advisors, LLC reported 112 stock positions worth $430.5 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 14.9% of the portfolio, followed by Vanguard Tax-Exempt Bond ETF (VTEB, 11.6%) and iShares National Muni Bond E (MUB, 5.9%). Compared with Q1 2025, it opened 14 new positions, sold out of 11, added to 35 and reduced 43. The biggest buy was iShares National Muni Bond E (MUB, shares +182%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −13%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001699506
Portfolio Value
$430.5M (Q2 2025)
SEC Filing
0001699506-25-000003 ↗ filed Jul 25, 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 Q1 2025 Q2 2025: $430.5M $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 112 stocks · $430.5M
SPYG SS SPDR P S&P 500 Growth ETF 14.88% 671,985 $64.1M Add +1.6%
VTEB Vanguard Tax-Exempt Bond ETF 11.63% 1,021,172 $50.1M Reduce -12.7%
MUB iShares National Muni Bond E 5.92% 243,903 $25.5M Add +182.3%
SPYV SS SPDR P S&P 500 Value ETF 5.73% 471,136 $24.7M Add +60.2%
VIGI Vanguard Int Div App Indx FD 4.98% 237,683 $21.4M Add +21.5%
SCHG Schwab US Large-Cap Growth 4.12% 607,860 $17.8M Reduce -2.1%
VYMI Vanguard Int High DVD YLD Inc. 4.09% 220,024 $17.6M Add +36.5%
ACWV iShares MSCI Global Min Vol 3.93% 142,790 $16.9M Add +30.2%
IVLU iShares MSCI International V 3.16% 413,433 $13.6M Add +0.6%
SCHV Schwab US Large-Cap Value 2.67% 415,563 $11.5M Add +2.3%
IEMG iShares Core MSCI Emerging 2.06% 147,486 $8.9M Reduce -0.3%
IAGG iShares Intl Aggregate Bond 1.79% 150,601 $7.7M New
FNDF Schwab Fndmn Intl LRG Co. ETF 1.65% 177,885 $7.1M Reduce -10.0%
SUB iShares Short-Term National 1.63% 66,064 $7.0M Reduce -38.3%
SCHE Schwab Emrg Mrkts Eqty ETF 1.58% 225,814 $6.8M Reduce -0.6%
VTV Vanguard Mrngstr Val ETF-Aui 1.54% 37,565 $6.6M Reduce -3.0%
IAU iShares Gold Trust 1.53% 105,767 $6.6M Reduce -5.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.48% 32,685 $6.4M Add +24.5%
SGOV iShares 0-3 Month Treasury B 1.37% 58,426 $5.9M Add +4.3%
VGIT Vanguard Intermediate-Term T 1.32% 95,002 $5.7M Add +5.0%
VGLT Vanguard Long-Term Treasury 1.26% 96,927 $5.4M Reduce -2.1%
IQLT iShares MSCI International Q 1.20% 119,505 $5.2M Reduce -4.3%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.19% 18,533 $5.1M Add +18.9%
VWO Vanguard Ftse Emerging Marke 1.16% 101,016 $5.0M Add +382.8%
TFI SS SPDR N Ice Muni Bond ETF 0.90% 86,660 $3.9M Reduce -73.2%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.89% 113,095 $3.8M New
BSV Vanguard Short-Term Bond ETF 0.75% 41,088 $3.2M Add +21.7%
ET Energy Transfer LP 0.71% 169,498 $3.1M New
IGIB iShares 5-10Y Inv Grade Corp. 0.69% 55,360 $3.0M Reduce -14.3%
IVV iShares Core S&P 500 ETF 0.67% 4,650 $2.9M No change
IUSG iShares Core S&P U.S. Growth 0.53% 15,282 $2.3M Reduce -2.6%
IBIT iShares Bitcoin Trust ETF 0.49% 34,485 $2.1M Add +24.3%
XOM Exxon Mobil Corp. 0.49% 19,545 $2.1M Add +2.4%
VWOB Vanguard Emerg MKTS Gov BND 0.43% 28,575 $1.9M Reduce -26.1%
SCMB Schwab Municipal Bond ETF 0.41% 69,482 $1.7M New
MSFT Microsoft Corp. 0.40% 3,444 $1.7M Add +0.2%
SHM SS SPDR N Ice St Muni ETF 0.38% 33,973 $1.6M Add +57.5%
GOOGL Alphabet Inc. Class A 0.36% 8,914 $1.6M Add +1.3%
LEO BNY Mellon Strategic Muni 0.35% 257,302 $1.5M Reduce -13.3%
VIOV Vanguard S&P Small-Cap 600 V 0.35% 17,564 $1.5M Add +22.9%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.34% 44,682 $1.5M Reduce -1.4%
DMB BNY Mellon Muni BND Infra 0.33% 139,299 $1.4M Reduce -16.1%
QUAL iShares MSCI USA Quality Fac 0.32% 7,573 $1.4M Reduce -4.2%
BLE BlackRock Muni Inc. TR II 0.31% 131,946 $1.3M Reduce -10.1%
BRK.B Berkshire Hathaway Inc. Class B 0.30% 2,682 $1.3M No change
V Visa Inc. Class A 0.29% 3,525 $1.3M Add +1.4%
VIOG Vanguard S&P SM Cap 600 GRW 0.28% 10,430 $1.2M Add +10.4%
XMVTX BlackRock Munivest Fund II 0.26% 109,184 $1.1M Reduce -26.7%
CVX Chevron Corp. 0.26% 7,807 $1.1M No change
IWF iShares Russell 1000 Growth 0.26% 2,610 $1.1M No change
AAPL Apple Inc. 0.26% 5,352 $1.1M Reduce -1.8%
NFLX Netflix Inc. 0.24% 787 $1.1M No change
VT Vanguard Tot World STK ETF 0.24% 8,029 $1.0M Reduce -0.0%
JPM JPMorgan Chase & Co. 0.23% 3,377 $979K Add +2.1%
VYM Vanguard High DVD Yield ETF 0.22% 7,039 $938K No change
HGER Harbor Commodity All Weather 0.21% 36,651 $890K New
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.20% 156,966 $879K Reduce -8.7%
MHD BlackRock Muniholdings Fund 0.20% 75,672 $848K Reduce -3.0%
GS Goldman Sachs Group Inc. 0.18% 1,110 $786K No change
MCD McDonald's Corp. 0.17% 2,491 $728K Add +0.8%
NBH Neuberger Municipal Fund Inc. 0.16% 71,865 $706K Reduce -19.8%
IGRO iShares Intl Div Growth ETF 0.16% 8,892 $701K Reduce -0.3%
EOG EOG Resources Inc. 0.16% 5,701 $682K No change
XLK SS Technology Select Sector 0.16% 2,647 $670K No change
ABT Abbott Laboratories 0.15% 4,600 $626K Reduce -0.0%
CRBN Ish Low Car Opt Ms Ac ETF-US 0.14% 2,849 $603K New
UNP Union Pacific Corp. 0.14% 2,600 $598K Reduce -0.0%
IMTM iShares MSCI Intl Momentum F 0.14% 13,069 $597K No change
BFK BlackRock Municipal Inc. TRST 0.14% 61,106 $586K Reduce -3.4%
MYI BlackRock Muniyield QLTY III 0.13% 53,902 $565K Reduce -9.4%
EAGG iShares ESG Aware US Aggrega 0.13% 11,698 $556K New
PZA Invesco National Amt-Free Mu 0.12% 23,663 $530K Reduce -31.8%
MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI 0.12% 34,945 $517K Add +10.5%
PEP Pepsico Inc. 0.12% 3,828 $505K Add +42.2%
XBKNX BlackRock Invest QLTY Muni 0.11% 45,125 $493K Add +47.5%
COP Conocophillips 0.11% 5,478 $492K Add +0.5%
MMU Western Asset Managed Munici 0.10% 42,200 $418K Add +13.6%
UDR Udr Inc. 0.10% 10,050 $410K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.08% 4,350 $366K Add +1.2%
TXN Texas Instruments Inc. 0.08% 1,600 $332K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.08% 3,652 $324K Reduce -0.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 2,583 $320K Add +0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 6,726 $318K Reduce -1.4%
NUW Nuveen Amt-Free Muni Val 0.07% 23,118 $316K Reduce -16.6%
FMN Federated Herm Prem Muni Inc. 0.07% 29,471 $314K Reduce -28.7%
IJT iShares S&P Small-Cap 600 GR 0.07% 2,300 $306K No change
AXP American Express Co. 0.07% 920 $293K Reduce -2.8%
JNJ Johnson & Johnson 0.07% 1,913 $292K Add +0.7%
FNDX Schwab Fndmntl US LRG Co. ETF 0.06% 11,066 $272K No change
QCOM Qualcomm Inc. 0.06% 1,696 $270K No change
VMO Invesco Municipal Opport 0.06% 27,917 $256K Add +173.4%
EOT Eaton Vance National Municip 0.06% 15,664 $254K Reduce -5.1%
DHR Danaher Corp. 0.06% 1,248 $247K Reduce -0.1%
ESGV Vanguard ESG US Stock ETF 0.06% 2,178 $239K New
BWX SS SPDR BB Intl Treasury BD 0.05% 9,869 $232K Reduce -97.5%
SBR Sabine Royalty Trust 0.05% 3,417 $227K No change
TT Trane Technologies PLC 0.05% 507 $222K New
GLD SPDR Gold Shares 0.05% 721 $220K No change
SBSI Southside Bancshares Inc. 0.05% 7,438 $219K New
HD Home Depot Inc. 0.05% 597 $219K Reduce -0.2%
AVGO Broadcom Inc. 0.05% 790 $218K New
LLY Eli Lilly & Co. 0.05% 272 $212K Add +5.8%
NVDA Nvidia Corp. 0.05% 1,322 $209K New
LUV Southwest Airlines Co. 0.05% 6,382 $207K No change
VRSN Verisign Inc. 0.05% 711 $205K New
XMVFX BlackRock Munivest Fund 0.04% 27,882 $183K Add +82.9%
XBNYX BlackRock New York Muni Inc. 0.03% 13,235 $128K New
BYM BlackRock Muni Inc. QLTY 0.03% 10,949 $116K Reduce -64.4%
XMQTX BlackRock Muniyield QLTY II 0.03% 11,790 $114K Reduce -17.8%
XPCQX PIMCO California Muni Inc. FD 0.02% 12,219 $105K Reduce -11.1%
BLACKBOXSTOCKS INC 0.02% 12,627 $74K No change
MGRX Mangoceuticals Inc. 0.01% 34,500 $52K No change

Portfolio Sells Q1 2025 → Q2 2025
VTEB Vanguard Tax-Exempt Bond ETF Reduce -12.7% 11.63% −3.69
TFI SS SPDR N Ice Muni Bond ETF Reduce -73.2% 0.90% −2.96
BWX SS SPDR BB Intl Treasury BD Reduce -97.5% 0.05% −2.26
SUB iShares Short-Term National Reduce -38.3% 1.63% −1.36
VGLT Vanguard Long-Term Treasury Reduce -2.1% 1.26% −0.24
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -10.0% 1.65% −0.23
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.0% 1.54% −0.22
VWOB Vanguard Emerg MKTS Gov BND Reduce -26.1% 0.43% −0.22
IGIB iShares 5-10Y Inv Grade Corp. Reduce -14.3% 0.69% −0.21
IAU iShares Gold Trust Reduce -5.4% 1.53% −0.21
ITM Vaneck Intermediate Muni ETF Sold out 0.00% −0.18
XMVTX BlackRock Munivest Fund II Reduce -26.7% 0.26% −0.15
DMB BNY Mellon Muni BND Infra Reduce -16.1% 0.33% −0.13
LEO BNY Mellon Strategic Muni Reduce -13.3% 0.35% −0.13
IQLT iShares MSCI International Q Reduce -4.3% 1.20% −0.11
BLE BlackRock Muni Inc. TR II Reduce -10.1% 0.31% −0.10
SLYV SS SPDR S&P 600 SC Val ETF Sold out 0.00% −0.09
PZA Invesco National Amt-Free Mu Reduce -31.8% 0.12% −0.09
NBH Neuberger Municipal Fund Inc. Reduce -19.8% 0.16% −0.08
BTT BlackRock 2030 Muni TRGT TRM Sold out 0.00% −0.08
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -0.6% 1.58% −0.07
AAPL Apple Inc. Reduce -1.8% 0.26% −0.06
BYM BlackRock Muni Inc. QLTY Reduce -64.4% 0.03% −0.06
DSM BNYM Strat Muni BND Reduce -8.7% 0.20% −0.06
IBM Intl Business Machines Corp. Sold out 0.00% −0.05
IEMG iShares Core MSCI Emerging Reduce -0.3% 2.06% −0.05
VFL Abrdn National Municipal Inc. Sold out 0.00% −0.05
FMN Federated Herm Prem Muni Inc. Reduce -28.7% 0.07% −0.05
MHD BlackRock Muniholdings Fund Reduce -3.0% 0.20% −0.04
AAL American Airlines Group Inc. Sold out 0.00% −0.04
MYI BlackRock Muniyield QLTY III Reduce -9.4% 0.13% −0.04
AFB Allianceberstein NTL Muni Sold out 0.00% −0.04
EVN Eaton Vance Muni Inc. TR Sold out 0.00% −0.04
QUAL iShares MSCI USA Quality Fac Reduce -4.2% 0.32% −0.04
NUV Nuveen Municipal Value Sold out 0.00% −0.03
MUE BlackRock Munihold QLT FD II Sold out 0.00% −0.03
BFK BlackRock Municipal Inc. TRST Reduce -3.4% 0.14% −0.03
MFM Aberdeen Municipal Income Sold out 0.00% −0.03
NUW Nuveen Amt-Free Muni Val Reduce -16.6% 0.07% −0.03
FNDE Schwab Fndmntl Em MRK Eq ETF Reduce -1.4% 0.34% −0.03
UNP Union Pacific Corp. Reduce -0.0% 0.14% −0.02
ABT Abbott Laboratories Reduce -0.0% 0.15% −0.02
EOT Eaton Vance National Municip Reduce -5.1% 0.06% −0.01
XMQTX BlackRock Muniyield QLTY II Reduce -17.8% 0.03% −0.01
DHR Danaher Corp. Reduce -0.1% 0.06% −0.01
XPCQX PIMCO California Muni Inc. FD Reduce -11.1% 0.02% −0.01
IGRO iShares Intl Div Growth ETF Reduce -0.3% 0.16% −0.01
HD Home Depot Inc. Reduce -0.2% 0.05% −0.01
VT Vanguard Tot World STK ETF Reduce -0.0% 0.24% −0.01
SLYG SS SPDR S&P 600 SC GR ETF Reduce -0.8% 0.08% −0.01

Portfolio Buys Q1 2025 → Q2 2025
MUB iShares National Muni Bond E Add +182.3% 5.92% +3.51
IAGG iShares Intl Aggregate Bond New 1.79% +1.79
SPYV SS SPDR P S&P 500 Value ETF Add +60.2% 5.73% +1.76
VYMI Vanguard Int High DVD YLD Inc. Add +36.5% 4.09% +0.96
VWO Vanguard Ftse Emerging Marke Add +382.8% 1.16% +0.91
DJP Ipath Bloomberg Commodity Inc. New 0.89% +0.89
SPYG SS SPDR P S&P 500 Growth ETF Add +1.6% 14.88% +0.84
ET Energy Transfer LP New 0.71% +0.71
VIGI Vanguard Int Div App Indx FD Add +21.5% 4.98% +0.69
ACWV iShares MSCI Global Min Vol Add +30.2% 3.93% +0.56
SCMB Schwab Municipal Bond ETF New 0.41% +0.41
HGER Harbor Commodity All Weather New 0.21% +0.21
VBR Vngrd Mrngst SL-CP Val ETF-U Add +24.5% 1.48% +0.19
VBK Van Morst SML-Cap Gro-Usd Inc. Add +18.9% 1.19% +0.16
IBIT iShares Bitcoin Trust ETF Add +24.3% 0.49% +0.15
CRBN Ish Low Car Opt Ms Ac ETF-US New 0.14% +0.14
EAGG iShares ESG Aware US Aggrega New 0.13% +0.13
SHM SS SPDR N Ice St Muni ETF Add +57.5% 0.38% +0.11
MSFT Microsoft Corp. Add +0.2% 0.40% +0.06
ESGV Vanguard ESG US Stock ETF New 0.06% +0.06
BSV Vanguard Short-Term Bond ETF Add +21.7% 0.75% +0.05
TT Trane Technologies PLC New 0.05% +0.05
SBSI Southside Bancshares Inc. New 0.05% +0.05
AVGO Broadcom Inc. New 0.05% +0.05
NVDA Nvidia Corp. New 0.05% +0.05
VRSN Verisign Inc. New 0.05% +0.05
VMO Invesco Municipal Opport Add +173.4% 0.06% +0.03
VIOV Vanguard S&P Small-Cap 600 V Add +22.9% 0.35% +0.03
XBNYX BlackRock New York Muni Inc. New 0.03% +0.03
XBKNX BlackRock Invest QLTY Muni Add +47.5% 0.11% +0.02
XMVFX BlackRock Munivest Fund Add +82.9% 0.04% +0.01
JPM JPMorgan Chase & Co. Add +2.1% 0.23% +0.01
PEP Pepsico Inc. Add +42.2% 0.12% +0.01
VIOG Vanguard S&P SM Cap 600 GRW Add +10.4% 0.28% +0.01
DIS The Walt Disney Co. Add +0.7% 0.07% +0.01
GOOGL Alphabet Inc. Class A Add +1.3% 0.36% +0.01
EFAV iShares MSCI Eafe Min Vol Fa Add +1.2% 0.08% −0.00
MMU Western Asset Managed Munici Add +13.6% 0.10% −0.00
MMD Nylim Mackay Definedterm Mun Add +10.5% 0.12% −0.01
LLY Eli Lilly & Co. Add +5.8% 0.05% −0.01
JNJ Johnson & Johnson Add +0.7% 0.07% −0.02
V Visa Inc. Class A Add +1.4% 0.29% −0.03
MCD McDonald's Corp. Add +0.8% 0.17% −0.03
COP Conocophillips Add +0.5% 0.11% −0.04
VGIT Vanguard Intermediate-Term T Add +5.0% 1.32% −0.10
XOM Exxon Mobil Corp. Add +2.4% 0.49% −0.11
SGOV iShares 0-3 Month Treasury B Add +4.3% 1.37% −0.12
IVLU iShares MSCI International V Add +0.6% 3.16% −0.13
SCHV Schwab US Large-Cap Value Add +2.3% 2.67% −0.18

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