Ackerman Capital Advisors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Ackerman Capital Advisors, LLC reported 117 stock positions worth $477.7 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 15.5% of the portfolio, followed by Vanguard Tax-Exempt Bond ETF (VTEB, 10.4%) and SS SPDR P S&P 500 Value ETF (SPYV, 6.5%). Compared with Q2 2025, it opened 10 new positions, sold out of 5, added to 37 and reduced 26. The biggest buy was SS SPDR P S&P 500 Value ETF (SPYV, shares +18%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −3%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001699506
Portfolio Value
$477.7M (Q3 2025)
SEC Filing
0001699506-25-000005 ↗ filed Oct 22, 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 Q2 2025 Q3 2025: $477.7M $477.7M Q3 2025 Q4 2025: $498.2M Q4 2025 Q1 2026: $488.0M Q1 2026 Q2 2026: $495.8M Q2 2026

Holdings 117 stocks · $477.7M
SPYG SS SPDR P S&P 500 Growth ETF 15.46% 706,472 $73.8M Add +5.1%
VTEB Vanguard Tax-Exempt Bond ETF 10.36% 988,350 $49.5M Reduce -3.2%
SPYV SS SPDR P S&P 500 Value ETF 6.45% 557,251 $30.8M Add +18.3%
MUB iShares National Muni Bond E 6.39% 286,654 $30.5M Add +17.5%
VIGI Vanguard Int Div App Indx FD 5.06% 269,703 $24.2M Add +13.5%
VYMI Vanguard Int High DVD YLD Inc. 4.62% 260,415 $22.1M Add +18.4%
ACWV iShares MSCI Global Min Vol 4.35% 173,163 $20.8M Add +21.3%
SCHG Schwab US Large-Cap Growth 4.04% 605,028 $19.3M Reduce -0.5%
IVLU iShares MSCI International V 2.89% 389,065 $13.8M Reduce -5.9%
SCHV Schwab US Large-Cap Value 2.53% 414,827 $12.1M Reduce -0.2%
IEMG iShares Core MSCI Emerging 2.07% 150,350 $9.9M Add +1.9%
IAGG iShares Intl Aggregate Bond 1.67% 155,677 $8.0M Add +3.4%
VWO Vanguard Ftse Emerging Marke 1.66% 145,983 $7.9M Add +44.5%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.60% 178,120 $7.7M Add +0.1%
IAU iShares Gold Trust 1.57% 103,134 $7.5M Reduce -2.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.53% 34,920 $7.3M Add +6.8%
SCHE Schwab Emrg Mrkts Eqty ETF 1.46% 209,313 $7.0M Reduce -7.3%
VTV Vanguard Mrngstr Val ETF-Aui 1.43% 36,611 $6.8M Reduce -2.5%
SUB iShares Short-Term National 1.42% 63,620 $6.8M Reduce -3.7%
SGOV iShares 0-3 Month Treasury B 1.27% 60,329 $6.1M Add +3.3%
VGIT Vanguard Intermediate-Term T 1.26% 100,492 $6.0M Add +5.8%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.21% 19,401 $5.8M Add +4.7%
VGLT Vanguard Long-Term Treasury 1.20% 100,454 $5.7M Add +3.6%
IQLT iShares MSCI International Q 1.16% 124,979 $5.5M Add +4.6%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.86% 116,126 $4.1M Add +2.7%
TFI SS SPDR N Ice Muni Bond ETF 0.83% 86,660 $3.9M No change
BSV Vanguard Short-Term Bond ETF 0.70% 42,499 $3.4M Add +3.4%
IVV iShares Core S&P 500 ETF 0.65% 4,650 $3.1M No change
IGIB iShares 5-10Y Inv Grade Corp. 0.65% 57,244 $3.1M Add +3.4%
ET Energy Transfer LP 0.61% 169,498 $2.9M No change
SHM SS SPDR N Ice St Muni ETF 0.51% 50,887 $2.5M Add +49.8%
IUSG iShares Core S&P U.S. Growth 0.51% 14,723 $2.4M Reduce -3.7%
IBIT iShares Bitcoin Trust ETF 0.48% 35,269 $2.3M Add +2.3%
XOM Exxon Mobil Corp. 0.46% 19,574 $2.2M Add +0.1%
GOOGL Alphabet Inc. Class A 0.45% 8,914 $2.2M No change
VWOB Vanguard Emerg MKTS Gov BND 0.41% 29,077 $1.9M Add +1.8%
MSFT Microsoft Corp. 0.37% 3,444 $1.8M No change
SCMB Schwab Municipal Bond ETF 0.36% 67,914 $1.7M Reduce -2.3%
VIOV Vanguard S&P Small-Cap 600 V 0.35% 17,768 $1.7M Add +1.2%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.34% 44,682 $1.6M No change
QUAL iShares MSCI USA Quality Fac 0.30% 7,427 $1.4M Reduce -1.9%
LEO BNY Mellon Strategic Muni 0.29% 225,261 $1.4M Reduce -12.4%
AAPL Apple Inc. 0.29% 5,352 $1.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.28% 2,682 $1.3M No change
VIOG Vanguard S&P SM Cap 600 GRW 0.28% 10,803 $1.3M Add +3.6%
DMB BNY Mellon Muni BND Infra 0.27% 121,246 $1.3M Reduce -13.0%
BLE BlackRock Muni Inc. TR II 0.26% 119,399 $1.2M Reduce -9.5%
XMVTX BlackRock Munivest Fund II 0.26% 116,007 $1.2M Add +6.3%
CVX Chevron Corp. 0.25% 7,807 $1.2M No change
V Visa Inc. Class A 0.25% 3,525 $1.2M No change
VT Vanguard Tot World STK ETF 0.23% 8,058 $1.1M Add +0.4%
JPM JPMorgan Chase & Co. 0.22% 3,377 $1.1M No change
VYM Vanguard High DVD Yield ETF 0.21% 7,039 $992K No change
HGER Harbor Commodity All Weather 0.20% 37,715 $973K Add +2.9%
NFLX Netflix Inc. 0.20% 787 $944K No change
NBH Neuberger Municipal Fund Inc. 0.19% 89,798 $927K Add +24.9%
GS Goldman Sachs Group Inc. 0.18% 1,110 $884K No change
MHD BlackRock Muniholdings Fund 0.17% 69,873 $821K Reduce -7.7%
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.16% 127,024 $752K Reduce -19.1%
MCD McDonald's Corp. 0.16% 2,468 $750K Reduce -0.9%
XLK SS Technology Select Sector 0.16% 2,647 $746K No change
MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI 0.15% 46,949 $710K Add +34.4%
BFK BlackRock Municipal Inc. TRST 0.15% 69,736 $701K Add +14.1%
CRBN Ish Low Car Opt Ms Ac ETF-US 0.14% 2,849 $646K No change
EOG EOG Resources Inc. 0.13% 5,701 $639K No change
ABT Abbott Laboratories 0.13% 4,600 $616K No change
UNP Union Pacific Corp. 0.13% 2,600 $615K No change
IMTM iShares MSCI Intl Momentum F 0.13% 12,779 $612K Reduce -2.2%
EAGG iShares ESG Aware US Aggrega 0.12% 11,698 $562K No change
PZA Invesco National Amt-Free Mu 0.11% 23,663 $546K No change
PEP Pepsico Inc. 0.11% 3,839 $539K Add +0.3%
EOT Eaton Vance National Municip 0.11% 31,722 $528K Add +102.5%
XBKNX BlackRock Invest QLTY Muni 0.11% 46,300 $525K Add +2.6%
COP Conocophillips 0.11% 5,478 $518K No change
MYI BlackRock Muniyield QLTY III 0.10% 41,572 $461K Reduce -22.9%
BTT BlackRock 2030 Muni TRGT TRM 0.09% 20,158 $453K New
IGRO iShares Intl Div Growth ETF 0.09% 5,270 $420K Reduce -40.7%
NUW Nuveen Amt-Free Muni Val 0.08% 28,099 $398K Add +21.6%
XPCQX PIMCO California Muni Inc. FD 0.08% 44,117 $385K Add +261.1%
UDR Udr Inc. 0.08% 10,050 $374K No change
MMU Western Asset Managed Munici 0.08% 35,800 $370K Reduce -15.2%
EFAV iShares MSCI Eafe Min Vol Fa 0.08% 4,300 $365K Reduce -1.1%
JNJ Johnson & Johnson 0.07% 1,913 $355K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 6,726 $347K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.07% 3,599 $339K Reduce -1.4%
IJT iShares S&P Small-Cap 600 GR 0.07% 2,300 $325K No change
AXP American Express Co. 0.06% 920 $306K No change
FMN Federated Herm Prem Muni Inc. 0.06% 27,361 $302K Reduce -7.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 2,583 $296K No change
TXN Texas Instruments Inc. 0.06% 1,600 $294K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.06% 11,066 $291K No change
QCOM Qualcomm Inc. 0.06% 1,696 $282K No change
TSLA Tesla Inc. 0.06% 620 $276K New
SBR Sabine Royalty Trust 0.06% 3,417 $271K No change
AVGO Broadcom Inc. 0.05% 790 $261K No change
ESGV Vanguard ESG US Stock ETF 0.05% 2,178 $258K No change
GLD SPDR Gold Shares 0.05% 721 $256K No change
DHR Danaher Corp. 0.05% 1,248 $247K No change
NVDA Nvidia Corp. 0.05% 1,322 $247K No change
HD Home Depot Inc. 0.05% 597 $242K No change

Show all 117 holdings

Portfolio Sells Q2 2025 → Q3 2025
VTEB Vanguard Tax-Exempt Bond ETF Reduce -3.2% 10.36% −1.27
IVLU iShares MSCI International V Reduce -5.9% 2.89% −0.27
IWF iShares Russell 1000 Growth Reduce -83.3% 0.04% −0.21
SUB iShares Short-Term National Reduce -3.7% 1.42% −0.21
SCHV Schwab US Large-Cap Value Reduce -0.2% 2.53% −0.14
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -7.3% 1.46% −0.12
VTV Vanguard Mrngstr Val ETF-Aui Reduce -2.5% 1.43% −0.11
SCHG Schwab US Large-Cap Growth Reduce -0.5% 4.04% −0.08
IGRO iShares Intl Div Growth ETF Reduce -40.7% 0.09% −0.08
VMO Invesco Municipal Opport Sold out 0.00% −0.06
LEO BNY Mellon Strategic Muni Reduce -12.4% 0.29% −0.06
DMB BNY Mellon Muni BND Infra Reduce -13.0% 0.27% −0.06
VRSN Verisign Inc. Sold out 0.00% −0.05
DSM BNYM Strat Muni BND Reduce -19.1% 0.16% −0.05
BLE BlackRock Muni Inc. TR II Reduce -9.5% 0.26% −0.05
SCMB Schwab Municipal Bond ETF Reduce -2.3% 0.36% −0.04
MYI BlackRock Muniyield QLTY III Reduce -22.9% 0.10% −0.03
XBNYX BlackRock New York Muni Inc. Sold out 0.00% −0.03
BYM BlackRock Muni Inc. QLTY Sold out 0.00% −0.03
IUSG iShares Core S&P U.S. Growth Reduce -3.7% 0.51% −0.03
XMQTX BlackRock Muniyield QLTY II Sold out 0.00% −0.03
MHD BlackRock Muniholdings Fund Reduce -7.7% 0.17% −0.03
MMU Western Asset Managed Munici Reduce -15.2% 0.08% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -1.9% 0.30% −0.02
MCD McDonald's Corp. Reduce -0.9% 0.16% −0.01
IMTM iShares MSCI Intl Momentum F Reduce -2.2% 0.13% −0.01
FMN Federated Herm Prem Muni Inc. Reduce -7.2% 0.06% −0.01
XMVFX BlackRock Munivest Fund Reduce -16.6% 0.03% −0.01
EFAV iShares MSCI Eafe Min Vol Fa Reduce -1.1% 0.08% −0.01
SLYG SS SPDR S&P 600 SC GR ETF Reduce -1.4% 0.07% −0.00
IAU iShares Gold Trust Reduce -2.5% 1.57% +0.04

Portfolio Buys Q2 2025 → Q3 2025
SPYV SS SPDR P S&P 500 Value ETF Add +18.3% 6.45% +0.73
SPYG SS SPDR P S&P 500 Growth ETF Add +5.1% 15.46% +0.58
VYMI Vanguard Int High DVD YLD Inc. Add +18.4% 4.62% +0.52
VWO Vanguard Ftse Emerging Marke Add +44.5% 1.66% +0.50
MUB iShares National Muni Bond E Add +17.5% 6.39% +0.47
ACWV iShares MSCI Global Min Vol Add +21.3% 4.35% +0.41
SHM SS SPDR N Ice St Muni ETF Add +49.8% 0.51% +0.14
BTT BlackRock 2030 Muni TRGT TRM New 0.09% +0.09
VIGI Vanguard Int Div App Indx FD Add +13.5% 5.06% +0.08
TSLA Tesla Inc. New 0.06% +0.06
XPCQX PIMCO California Muni Inc. FD Add +261.1% 0.08% +0.06
EOT Eaton Vance National Municip Add +102.5% 0.11% +0.05
VBR Vngrd Mrngst SL-CP Val ETF-U Add +6.8% 1.53% +0.05
VSGX Vanguard ESG Intl Stock ETF New 0.04% +0.04
PMO Franklin Muncipl Opps Tst-Ui New 0.04% +0.04
NIM Nuveen Select Maturit Muni New 0.04% +0.04
NUV Nuveen Municipal Value New 0.03% +0.03
NBH Neuberger Municipal Fund Inc. Add +24.9% 0.19% +0.03
PMM Franklin Managed Municipal I New 0.03% +0.03
MMD Nylim Mackay Definedterm Mun Add +34.4% 0.15% +0.03
MFM Aberdeen Municipal Income New 0.03% +0.03
MUE BlackRock Munihold QLT FD II New 0.03% +0.03
PEW Grabagun Digital Holdings Inc. New 0.02% +0.02
IEMG iShares Core MSCI Emerging Add +1.9% 2.07% +0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Add +4.7% 1.21% +0.02
BFK BlackRock Municipal Inc. TRST Add +14.1% 0.15% +0.01
NUW Nuveen Amt-Free Muni Val Add +21.6% 0.08% +0.01
VIOV Vanguard S&P Small-Cap 600 V Add +1.2% 0.35% +0.01
VIOG Vanguard S&P SM Cap 600 GRW Add +3.6% 0.28% −0.00
HGER Harbor Commodity All Weather Add +2.9% 0.20% −0.00
XMVTX BlackRock Munivest Fund II Add +6.3% 0.26% −0.00
XBKNX BlackRock Invest QLTY Muni Add +2.6% 0.11% −0.00
PEP Pepsico Inc. Add +0.3% 0.11% −0.00
BWX SS SPDR BB Intl Treasury BD Add +0.8% 0.05% −0.01
VT Vanguard Tot World STK ETF Add +0.4% 0.23% −0.01
IBIT iShares Bitcoin Trust ETF Add +2.3% 0.48% −0.01
VWOB Vanguard Emerg MKTS Gov BND Add +1.8% 0.41% −0.03
XOM Exxon Mobil Corp. Add +0.1% 0.46% −0.03
DJP Ipath Bloomberg Commodity Inc. Add +2.7% 0.86% −0.03
IGIB iShares 5-10Y Inv Grade Corp. Add +3.4% 0.65% −0.04
IQLT iShares MSCI International Q Add +4.6% 1.16% −0.04
BSV Vanguard Short-Term Bond ETF Add +3.4% 0.70% −0.05
FNDF Schwab Fndmn Intl LRG Co. ETF Add +0.1% 1.60% −0.05
VGIT Vanguard Intermediate-Term T Add +5.8% 1.26% −0.06
VGLT Vanguard Long-Term Treasury Add +3.6% 1.20% −0.07
SGOV iShares 0-3 Month Treasury B Add +3.3% 1.27% −0.09
IAGG iShares Intl Aggregate Bond Add +3.4% 1.67% −0.12

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