Ackerman Capital Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Ackerman Capital Advisors, LLC reported 121 stock positions worth $498.2 million. Its top holding was SS SPDR P S&P 500 Growth ETF (SPYG) at 16.4% of the portfolio, followed by Vanguard Tax-Exempt Bond ETF (VTEB, 9.9%) and iShares National Muni Bond E (MUB, 6.5%). Compared with Q3 2025, it opened 8 new positions, sold out of 4, added to 34 and reduced 47. The biggest buy was a new position in iShares MSCI Global Metals & (PICK) and the biggest sale SS SPDR P S&P 500 Value ETF (SPYV, shares −25%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001699506
Portfolio Value
$498.2M (Q4 2025)
SEC Filing
0001699506-26-000001 ↗ filed Feb 11, 2026

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 Q3 2025 Q4 2025: $498.2M $498.2M Q4 2025 Q1 2026: $488.0M Q1 2026 Q2 2026: $495.8M Q2 2026

Holdings 121 stocks · $498.2M
SPYG SS SPDR P S&P 500 Growth ETF 16.36% 763,821 $81.5M Add +8.1%
VTEB Vanguard Tax-Exempt Bond ETF 9.90% 980,932 $49.3M Reduce -0.8%
MUB iShares National Muni Bond E 6.46% 300,270 $32.2M Add +4.8%
VIGI Vanguard Int Div App Indx FD 5.75% 313,137 $28.6M Add +16.1%
SPYV SS SPDR P S&P 500 Value ETF 4.76% 417,135 $23.7M Reduce -25.1%
VYMI Vanguard Int High DVD YLD Inc. 4.72% 261,073 $23.5M Add +0.3%
SCHG Schwab US Large-Cap Growth 4.04% 617,691 $20.1M Add +2.1%
ACWV iShares MSCI Global Min Vol 3.09% 129,734 $15.4M Reduce -25.1%
IVLU iShares MSCI International V 2.89% 378,319 $14.4M Reduce -2.8%
IEMG iShares Core MSCI Emerging 1.99% 147,766 $9.9M Reduce -1.7%
PICK iShares MSCI Global Metals & 1.88% 182,274 $9.4M New
IAU iShares Gold Trust 1.72% 105,787 $8.6M Add +2.6%
VWO Vanguard Ftse Emerging Marke 1.64% 152,029 $8.2M Add +4.1%
IQLT iShares MSCI International Q 1.62% 177,149 $8.1M Add +41.7%
SCHV Schwab US Large-Cap Value 1.57% 263,728 $7.8M Reduce -36.4%
FNDF Schwab Fndmn Intl LRG Co. ETF 1.49% 164,114 $7.4M Reduce -7.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.49% 34,982 $7.4M Add +0.2%
VGIT Vanguard Intermediate-Term T 1.41% 116,854 $7.0M Add +16.3%
IUSG iShares Core S&P U.S. Growth 1.38% 41,015 $6.9M Add +178.6%
BWX SS SPDR BB Intl Treasury BD 1.35% 299,627 $6.8M Add +2911.3%
SCHE Schwab Emrg Mrkts Eqty ETF 1.35% 205,547 $6.7M Reduce -1.8%
SUB iShares Short-Term National 1.33% 62,084 $6.6M Reduce -2.4%
SGOV iShares 0-3 Month Treasury B 1.18% 58,612 $5.9M Reduce -2.9%
VGLT Vanguard Long-Term Treasury 1.17% 104,160 $5.8M Add +3.7%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.13% 18,708 $5.7M Reduce -3.6%
VTV Vanguard Mrngstr Val ETF-Aui 1.11% 28,996 $5.5M Reduce -20.8%
SHM SS SPDR N Ice St Muni ETF 1.01% 105,142 $5.0M Add +106.6%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.88% 116,932 $4.4M Add +0.7%
TFI SS SPDR N Ice Muni Bond ETF 0.79% 86,444 $4.0M Reduce -0.3%
BSV Vanguard Short-Term Bond ETF 0.71% 45,038 $3.5M Add +6.0%
IVV iShares Core S&P 500 ETF 0.64% 4,650 $3.2M No change
IGIB iShares 5-10Y Inv Grade Corp. 0.60% 55,371 $3.0M Reduce -3.3%
ET Energy Transfer LP 0.56% 169,498 $2.8M No change
GOOGL Alphabet Inc. Class A 0.56% 8,914 $2.8M No change
EMLC Vaneck JPM Em Local Curr BND 0.50% 96,696 $2.5M New
EEM iShares MSCI Emerging Market 0.48% 44,091 $2.4M New
XOM Exxon Mobil Corp. 0.47% 19,350 $2.3M Reduce -1.1%
MSFT Microsoft Corp. 0.33% 3,444 $1.7M No change
SCMB Schwab Municipal Bond ETF 0.33% 63,114 $1.6M Reduce -7.1%
FNDE Schwab Fndmntl Em MRK Eq ETF 0.32% 44,525 $1.6M Reduce -0.3%
VIOV Vanguard S&P Small-Cap 600 V 0.31% 15,878 $1.6M Reduce -10.6%
QUAL iShares MSCI USA Quality Fac 0.30% 7,427 $1.5M No change
AAPL Apple Inc. 0.29% 5,262 $1.4M Reduce -1.7%
BRK.B Berkshire Hathaway Inc. Class B 0.26% 2,618 $1.3M Reduce -2.4%
V Visa Inc. Class A 0.25% 3,525 $1.2M No change
CVX Chevron Corp. 0.24% 7,807 $1.2M No change
VT Vanguard Tot World STK ETF 0.23% 8,058 $1.1M No change
IAGG iShares Intl Aggregate Bond 0.23% 22,559 $1.1M Reduce -85.5%
JPM JPMorgan Chase & Co. 0.22% 3,354 $1.1M Reduce -0.7%
LEO BNY Mellon Strategic Muni 0.20% 156,917 $998K Reduce -30.3%
XMVTX BlackRock Munivest Fund II 0.20% 91,721 $992K Reduce -20.9%
MMD Nylim Mackay Definedterm Mun filed as NYLI MACKAY DEFINEDTERM MUNI 0.20% 66,595 $990K Add +41.9%
VYM Vanguard High DVD Yield ETF 0.20% 6,889 $989K Reduce -2.1%
GS Goldman Sachs Group Inc. 0.20% 1,110 $976K No change
NBH Neuberger Municipal Fund Inc. 0.19% 92,972 $941K Add +3.5%
BLE BlackRock Muni Inc. TR II 0.19% 90,084 $940K Reduce -24.6%
HGER Harbor Commodity All Weather 0.19% 37,299 $926K Reduce -1.1%
VIOG Vanguard S&P SM Cap 600 GRW 0.18% 7,522 $912K Reduce -30.4%
DMB BNY Mellon Muni BND Infra 0.18% 82,167 $903K Reduce -32.2%
IBIT iShares Bitcoin Trust ETF 0.17% 17,132 $851K Reduce -51.4%
XLK SS Technology Select Sector 0.16% 5,438 $783K Add +2.7%
DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD 0.15% 122,251 $754K Reduce -3.8%
MCD McDonald's Corp. 0.15% 2,424 $741K Reduce -1.8%
NFLX Netflix Inc. 0.15% 7,870 $738K No change
MHD BlackRock Muniholdings Fund 0.14% 60,801 $714K Reduce -13.0%
XBKNX BlackRock Invest QLTY Muni 0.13% 59,374 $665K Add +28.2%
CRBN Ish Low Car Opt Ms Ac ETF-US 0.13% 2,849 $657K No change
BFK BlackRock Municipal Inc. TRST 0.12% 61,567 $618K Reduce -11.7%
EOT Eaton Vance National Municip 0.12% 36,365 $615K Add +14.6%
UNP Union Pacific Corp. 0.12% 2,600 $601K No change
EOG EOG Resources Inc. 0.12% 5,649 $593K Reduce -0.9%
IMTM iShares MSCI Intl Momentum F 0.12% 12,187 $585K Reduce -4.6%
ABT Abbott Laboratories 0.12% 4,600 $576K No change
EAGG iShares ESG Aware US Aggrega 0.11% 11,968 $573K Add +2.3%
PEP Pepsico Inc. 0.11% 3,813 $547K Reduce -0.7%
XPCQX PIMCO California Muni Inc. FD 0.11% 60,251 $526K Add +36.6%
COP Conocophillips 0.10% 5,450 $510K Reduce -0.5%
BTT BlackRock 2030 Muni TRGT TRM 0.10% 21,088 $481K Add +4.6%
PZA Invesco National Amt-Free Mu 0.09% 19,564 $454K Reduce -17.3%
IGRO iShares Intl Div Growth ETF 0.09% 5,257 $435K Reduce -0.3%
VWOB Vanguard Emerg MKTS Gov BND 0.08% 6,044 $408K Reduce -79.2%
NUW Nuveen Amt-Free Muni Val 0.08% 27,727 $397K Reduce -1.3%
JNJ Johnson & Johnson 0.08% 1,913 $396K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 6,727 $370K Add +0.0%
UDR Udr Inc. 0.07% 10,050 $369K No change
PEW Grabagun Digital Holdings Inc. 0.07% 120,000 $361K Add +500.0%
MMU Western Asset Managed Munici 0.07% 34,496 $360K Reduce -3.6%
AXP American Express Co. 0.07% 920 $340K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.07% 3,606 $340K Add +0.2%
GLD SPDR Gold Shares 0.07% 855 $339K Add +18.6%
IJT iShares S&P Small-Cap 600 GR 0.07% 2,300 $325K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.06% 11,066 $301K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 2,583 $294K No change
QCOM Qualcomm Inc. 0.06% 1,696 $290K No change
LLY Eli Lilly & Co. 0.06% 269 $289K Reduce -1.1%
DHR Danaher Corp. 0.06% 1,248 $286K No change
FMN Federated Herm Prem Muni Inc. 0.06% 25,650 $285K Reduce -6.3%
TSLA Tesla Inc. 0.06% 620 $279K No change
TXN Texas Instruments Inc. 0.06% 1,600 $278K No change
AVGO Broadcom Inc. 0.05% 790 $273K No change
MUA BlackRock Muniassets Fund 0.05% 25,403 $272K New
LUV Southwest Airlines Co. 0.05% 6,382 $264K No change
ESGV Vanguard ESG US Stock ETF 0.05% 2,178 $263K No change
NVDA Nvidia Corp. 0.05% 1,322 $247K No change
PMO Franklin Muncipl Opps Tst-Ui 0.05% 22,500 $241K Add +12.4%
PMM Franklin Managed Municipal I 0.05% 37,584 $236K Add +60.5%
SBR Sabine Royalty Trust 0.05% 3,417 $234K No change
NIM Nuveen Select Maturit Muni 0.05% 24,401 $227K Add +18.8%
SBSI Southside Bancshares Inc. 0.05% 7,438 $226K No change
BYM BlackRock Muni Inc. QLTY 0.04% 19,674 $215K New
VSGX Vanguard ESG Intl Stock ETF 0.04% 2,986 $214K No change
XMQTX BlackRock Muniyield QLTY II 0.04% 20,579 $207K New
HD Home Depot Inc. 0.04% 597 $205K No change
MFM Aberdeen Municipal Income 0.04% 34,993 $190K Add +48.0%
MUE BlackRock Munihold QLT FD II 0.04% 18,876 $189K Add +54.1%
XMYDX BlackRock Muniyield Fund 0.04% 17,431 $183K New
NUV Nuveen Municipal Value 0.04% 19,601 $178K Add +22.2%
MQY BlackRock Muniyield Quality 0.04% 15,599 $176K New
MYI BlackRock Muniyield QLTY III 0.03% 15,574 $169K Reduce -62.5%
XMVFX BlackRock Munivest Fund 0.03% 19,322 $134K Reduce -16.9%
MGRX Mangoceuticals Inc. 0.01% 34,500 $26K No change

Portfolio Sells Q3 2025 → Q4 2025
SPYV SS SPDR P S&P 500 Value ETF Reduce -25.1% 4.76% −1.70
IAGG iShares Intl Aggregate Bond Reduce -85.5% 0.23% −1.44
ACWV iShares MSCI Global Min Vol Reduce -25.1% 3.09% −1.25
SCHV Schwab US Large-Cap Value Reduce -36.4% 1.57% −0.96
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.8% 9.90% −0.46
VWOB Vanguard Emerg MKTS Gov BND Reduce -79.2% 0.08% −0.33
VTV Vanguard Mrngstr Val ETF-Aui Reduce -20.8% 1.11% −0.32
IBIT iShares Bitcoin Trust ETF Reduce -51.4% 0.17% −0.31
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -7.9% 1.49% −0.11
SCHE Schwab Emrg Mrkts Eqty ETF Reduce -1.8% 1.35% −0.11
LEO BNY Mellon Strategic Muni Reduce -30.3% 0.20% −0.09
SUB iShares Short-Term National Reduce -2.4% 1.33% −0.09
VIOG Vanguard S&P SM Cap 600 GRW Reduce -30.4% 0.18% −0.09
SGOV iShares 0-3 Month Treasury B Reduce -2.9% 1.18% −0.09
DMB BNY Mellon Muni BND Infra Reduce -32.2% 0.18% −0.09
IEMG iShares Core MSCI Emerging Reduce -1.7% 1.99% −0.08
EFAV iShares MSCI Eafe Min Vol Fa Sold out 0.00% −0.08
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -3.6% 1.13% −0.07
BLE BlackRock Muni Inc. TR II Reduce -24.6% 0.19% −0.07
MYI BlackRock Muniyield QLTY III Reduce -62.5% 0.03% −0.06
XMVTX BlackRock Munivest Fund II Reduce -20.9% 0.20% −0.06
IGIB iShares 5-10Y Inv Grade Corp. Reduce -3.3% 0.60% −0.05
TT Trane Technologies PLC Sold out 0.00% −0.04
IWF iShares Russell 1000 Growth Sold out 0.00% −0.04
VIOV Vanguard S&P Small-Cap 600 V Reduce -10.6% 0.31% −0.04
SCMB Schwab Municipal Bond ETF Reduce -7.1% 0.33% −0.04
TFI SS SPDR N Ice Muni Bond ETF Reduce -0.3% 0.79% −0.03
MHD BlackRock Muniholdings Fund Reduce -13.0% 0.14% −0.03
PZA Invesco National Amt-Free Mu Reduce -17.3% 0.09% −0.02
BFK BlackRock Municipal Inc. TRST Reduce -11.7% 0.12% −0.02
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.4% 0.26% −0.02
HGER Harbor Commodity All Weather Reduce -1.1% 0.19% −0.02
FNDE Schwab Fndmntl Em MRK Eq ETF Reduce -0.3% 0.32% −0.02
BLACKBOXSTOCKS INC Sold out 0.00% −0.02
EOG EOG Resources Inc. Reduce -0.9% 0.12% −0.01
IMTM iShares MSCI Intl Momentum F Reduce -4.6% 0.12% −0.01
VYM Vanguard High DVD Yield ETF Reduce -2.1% 0.20% −0.01
MCD McDonald's Corp. Reduce -1.8% 0.15% −0.01
XMVFX BlackRock Munivest Fund Reduce -16.9% 0.03% −0.01
COP Conocophillips Reduce -0.5% 0.10% −0.01
JPM JPMorgan Chase & Co. Reduce -0.7% 0.22% −0.01
DSM BNYM Strat Muni BND Reduce -3.8% 0.15% −0.01
FMN Federated Herm Prem Muni Inc. Reduce -6.3% 0.06% −0.01
MMU Western Asset Managed Munici Reduce -3.6% 0.07% −0.01
NUW Nuveen Amt-Free Muni Val Reduce -1.3% 0.08% −0.00
PEP Pepsico Inc. Reduce -0.7% 0.11% −0.00
IGRO iShares Intl Div Growth ETF Reduce -0.3% 0.09% −0.00
IVLU iShares MSCI International V Reduce -2.8% 2.89% −0.00
AAPL Apple Inc. Reduce -1.7% 0.29% +0.00
XOM Exxon Mobil Corp. Reduce -1.1% 0.47% +0.01

Portfolio Buys Q3 2025 → Q4 2025
PICK iShares MSCI Global Metals & New 1.88% +1.88
BWX SS SPDR BB Intl Treasury BD Add +2911.3% 1.35% +1.31
SPYG SS SPDR P S&P 500 Growth ETF Add +8.1% 16.36% +0.90
IUSG iShares Core S&P U.S. Growth Add +178.6% 1.38% +0.88
VIGI Vanguard Int Div App Indx FD Add +16.1% 5.75% +0.69
EMLC Vaneck JPM Em Local Curr BND New 0.50% +0.50
SHM SS SPDR N Ice St Muni ETF Add +106.6% 1.01% +0.50
EEM iShares MSCI Emerging Market New 0.48% +0.48
IQLT iShares MSCI International Q Add +41.7% 1.62% +0.46
IAU iShares Gold Trust Add +2.6% 1.72% +0.15
VGIT Vanguard Intermediate-Term T Add +16.3% 1.41% +0.14
VYMI Vanguard Int High DVD YLD Inc. Add +0.3% 4.72% +0.10
MUB iShares National Muni Bond E Add +4.8% 6.46% +0.06
MUA BlackRock Muniassets Fund New 0.05% +0.05
PEW Grabagun Digital Holdings Inc. Add +500.0% 0.07% +0.05
MMD Nylim Mackay Definedterm Mun Add +41.9% 0.20% +0.05
BYM BlackRock Muni Inc. QLTY New 0.04% +0.04
XMQTX BlackRock Muniyield QLTY II New 0.04% +0.04
XMYDX BlackRock Muniyield Fund New 0.04% +0.04
MQY BlackRock Muniyield Quality New 0.04% +0.04
XPCQX PIMCO California Muni Inc. FD Add +36.6% 0.11% +0.03
XBKNX BlackRock Invest QLTY Muni Add +28.2% 0.13% +0.02
DJP Ipath Bloomberg Commodity Inc. Add +0.7% 0.88% +0.02
PMM Franklin Managed Municipal I Add +60.5% 0.05% +0.02
GLD SPDR Gold Shares Add +18.6% 0.07% +0.01
EOT Eaton Vance National Municip Add +14.6% 0.12% +0.01
MUE BlackRock Munihold QLT FD II Add +54.1% 0.04% +0.01
MFM Aberdeen Municipal Income Add +48.0% 0.04% +0.01
BSV Vanguard Short-Term Bond ETF Add +6.0% 0.71% +0.01
NIM Nuveen Select Maturit Muni Add +18.8% 0.05% +0.01
NUV Nuveen Municipal Value Add +22.2% 0.04% +0.01
PMO Franklin Muncipl Opps Tst-Ui Add +12.4% 0.05% +0.01
SCHG Schwab US Large-Cap Growth Add +2.1% 4.04% +0.00
BTT BlackRock 2030 Muni TRGT TRM Add +4.6% 0.10% +0.00
BAC Bank of America Corp. Add +0.0% 0.07% +0.00
XLK SS Technology Select Sector Add +2.7% 0.16% +0.00
EAGG iShares ESG Aware US Aggrega Add +2.3% 0.11% −0.00
SLYG SS SPDR S&P 600 SC GR ETF Add +0.2% 0.07% −0.00
NBH Neuberger Municipal Fund Inc. Add +3.5% 0.19% −0.01
VWO Vanguard Ftse Emerging Marke Add +4.1% 1.64% −0.02
VGLT Vanguard Long-Term Treasury Add +3.7% 1.17% −0.03
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.2% 1.49% −0.04

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