B & T Capital Management DBA Alpha Capital Management
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), B & T Capital Management DBA Alpha Capital Management reported 128 stock positions worth $762.9 million. Its top holding was Vanguard Total Bond Market (BND) at 10.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 7.8%) and Vanguard Int Div App Indx FD (VIGI, 3.8%). Compared with Q1 2026, it opened 18 new positions, sold out of 6, added to 49 and reduced 55. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +334%) and the biggest sale an exit from iShares Expanded Tech-Softwa (IGV).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001450935
- Portfolio Value
- $762.9M (Q2 2026)
- SEC Filing
- 0001450935-26-000009 ↗ filed Aug 7, 2026
Holdings Value
Holdings 128 stocks · $762.9M
| BND Vanguard Total Bond Market | 10.53% | 1,094,723 | $80.4M | Reduce -4.8% |
| QQQ Invesco QQQ Trust Series 1 | 7.76% | 80,436 | $59.2M | Reduce -12.4% |
| VIGI Vanguard Int Div App Indx FD | 3.81% | 311,596 | $29.1M | Add +1.1% |
| VNQ Vanguard Real Estate ETF | 3.08% | 243,879 | $23.5M | Add +4.1% |
| QTUM Defiance Quantum ETF | 3.08% | 141,848 | $23.5M | Reduce -2.3% |
| SCHX Schwab US Large-Cap ETF | 3.01% | 779,637 | $22.9M | Reduce -1.6% |
| IGF iShares Global Infrastructur | 2.93% | 335,509 | $22.3M | Add +58.2% |
| SCHG Schwab US Large-Cap Growth | 2.80% | 632,037 | $21.4M | Reduce -2.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.21% | 184,103 | $16.9M | Add +333.7% |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 2.14% | 209,506 | $16.3M | Reduce -0.1% |
| TBIL F/M US Treasury 3 Month Bill | 2.13% | 326,051 | $16.3M | Add +167.5% |
| SDVY First Trust Smid Cap Rising | 2.06% | 364,252 | $15.7M | Add +0.3% |
| AAPL Apple Inc. | 1.89% | 49,931 | $14.4M | Reduce -6.9% |
| GOOGL Alphabet Inc. Class A | 1.86% | 39,807 | $14.2M | Reduce -4.3% |
| NVDA Nvidia Corp. | 1.75% | 66,537 | $13.3M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 1.58% | 36,817 | $12.1M | Reduce -1.0% |
| AMZN Amazon.com Inc. | 1.46% | 46,872 | $11.2M | Reduce -4.0% |
| PWR Quanta Services Inc. | 1.42% | 15,083 | $10.9M | Reduce -26.8% |
| AESI Atlas Energy Solutions Inc. | 1.38% | 635,481 | $10.6M | Add +0.4% |
| BX Blackstone Inc. | 1.27% | 82,413 | $9.7M | Add +9.2% |
| NEE Nextera Energy Inc. | 1.26% | 109,534 | $9.6M | Add +0.0% |
| KKR KKR & Co. Inc. | 1.23% | 101,903 | $9.4M | Add +9.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.12% | 17,865 | $8.5M | Reduce -3.1% |
| CAT Caterpillar Inc. | 1.12% | 8,000 | $8.5M | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 1.07% | 14,531 | $8.2M | Reduce -1.5% |
| AVGO Broadcom Inc. | 1.06% | 21,334 | $8.1M | Reduce -30.6% |
| WSM Williams-Sonoma Inc. | 1.03% | 33,634 | $7.8M | Reduce -1.9% |
| XOM Exxon Mobil Corp. | 1.02% | 57,156 | $7.8M | Reduce -0.5% |
| MELI MercadoLibre Inc. | 0.98% | 4,396 | $7.5M | Reduce -6.7% |
| MSFT Microsoft Corp. | 0.95% | 19,518 | $7.3M | Reduce -1.0% |
| ABBV Abbvie Inc. | 0.95% | 28,706 | $7.2M | Add +1.8% |
| PANW Palo Alto Networks Inc. | 0.92% | 20,601 | $7.0M | Reduce -7.3% |
| FAST Fastenal Co. | 0.86% | 136,529 | $6.6M | Add +0.5% |
| WMT Walmart Inc. | 0.85% | 57,543 | $6.5M | Reduce -0.9% |
| MRK Merck & Co. Inc. | 0.85% | 50,298 | $6.5M | Add +1.6% |
| VMC Vulcan Materials Co. | 0.81% | 20,905 | $6.2M | Add +0.1% |
| V Visa Inc. Class A | 0.80% | 17,697 | $6.1M | Add +0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.75% | 20,366 | $5.7M | Add +2.2% |
| AMGN Amgen Inc. | 0.75% | 15,764 | $5.7M | Add +1.1% |
| PH Parker Hannifin Corp. | 0.74% | 5,781 | $5.7M | Add +1.6% |
| SBUX Starbucks Corp. | 0.73% | 54,262 | $5.5M | Add +2.8% |
| BLK BlackRock Inc. | 0.72% | 5,737 | $5.5M | Add +1.9% |
| LMT Lockheed Martin Corp. | 0.70% | 10,456 | $5.3M | Add +2.4% |
| GS Goldman Sachs Group Inc. | 0.70% | 5,262 | $5.3M | Reduce -2.1% |
| HD Home Depot Inc. | 0.69% | 15,033 | $5.3M | Add +2.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.68% | 54,237 | $5.2M | Add +1.1% |
| KVUE Kenvue Inc. | 0.67% | 265,605 | $5.1M | Add +7.5% |
| CVX Chevron Corp. | 0.65% | 30,029 | $5.0M | Add +4.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 6,555 | $4.9M | Reduce -4.5% |
| MSCI MSCI Inc. | 0.63% | 8,560 | $4.8M | Add +0.9% |
| PEP Pepsico Inc. | 0.62% | 35,169 | $4.8M | Add +3.3% |
| ORCL Oracle Corp. | 0.61% | 31,793 | $4.7M | Add +2.1% |
| SNOW Snowflake Inc. | 0.59% | 17,726 | $4.5M | Reduce -52.8% |
| PLTR Palantir Technologies Inc. Class A | 0.58% | 38,169 | $4.5M | Add +1.4% |
| SOFI Sofi Technologies Inc. | 0.53% | 225,592 | $4.0M | Reduce -17.2% |
| LLY Eli Lilly & Co. | 0.52% | 3,287 | $3.9M | Add +1.0% |
| JHX James Hardie Ind PLC | 0.49% | 144,250 | $3.8M | Add +2.2% |
| EME Emcor Group Inc. | 0.47% | 4,339 | $3.6M | Add +0.5% |
| MLM Martin Marietta Materials | 0.45% | 5,892 | $3.4M | Add +0.3% |
| ECL Ecolab Inc. | 0.44% | 12,166 | $3.4M | Add +1.9% |
| RH RH | 0.44% | 20,163 | $3.3M | Add +6.9% |
| ETN Eaton Corp. PLC | 0.43% | 7,731 | $3.3M | New |
| JCI Johnson Controls Internation | 0.42% | 22,093 | $3.2M | New |
| MA Mastercard Inc. Class A | 0.42% | 6,239 | $3.2M | Add +0.0% |
| SHOP Shopify Inc. Class A | 0.41% | 27,429 | $3.1M | Add +1.1% |
| COST Costco Wholesale Corp. | 0.41% | 3,343 | $3.1M | Add +0.4% |
| REGN Regeneron Pharmaceuticals | 0.39% | 4,778 | $3.0M | Reduce -1.0% |
| EOG EOG Resources Inc. | 0.38% | 22,560 | $2.9M | Add +0.7% |
| AMAT Applied Materials Inc. | 0.38% | 4,033 | $2.9M | Reduce -1.5% |
| CEG Constellation Energy | 0.38% | 11,658 | $2.9M | Add +3.6% |
| HON Honeywell International Inc. | 0.36% | 12,178 | $2.7M | Reduce -34.6% |
| HONA Honeywell Aerospace Inc. | 0.35% | 12,120 | $2.7M | Reduce -34.9% |
| NFLX Netflix Inc. | 0.33% | 34,920 | $2.5M | New |
| MU Micron Technology Inc. | 0.30% | 1,994 | $2.3M | Reduce -45.1% |
| SCHD Schwab US DVD Equity ETF | 0.30% | 71,828 | $2.3M | Reduce -1.8% |
| HAL Halliburton Co. | 0.29% | 65,440 | $2.2M | New |
| ARM Arm Holdings PLC-ADR | 0.23% | 5,048 | $1.8M | Reduce -35.9% |
| TBUX T Rowe Price Ultra Short-Ter | 0.20% | 31,000 | $1.5M | Add +24.0% |
| TSLA Tesla Inc. | 0.19% | 3,446 | $1.4M | Reduce -4.4% |
| AFL Aflac Inc. | 0.19% | 12,244 | $1.4M | No change |
| STRS Stratus Properties Inc. | 0.18% | 47,806 | $1.4M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.18% | 16,770 | $1.4M | Reduce -1.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.17% | 25,005 | $1.3M | Reduce -0.3% |
| DELL Dell Technologies -C | 0.17% | 2,965 | $1.3M | Reduce -55.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 3,210 | $1.2M | Reduce -3.3% |
| BLOK Amplify Blockchain Tech ETF | 0.15% | 18,808 | $1.2M | Reduce -35.4% |
| JEPI JPMorgan Equity Premium Inco | 0.15% | 19,889 | $1.1M | Add +1.8% |
| IWM iShares Russell 2000 ETF | 0.14% | 3,634 | $1.1M | Reduce -31.6% |
| LSCC Lattice Semiconductor Corp. | 0.13% | 6,510 | $996K | No change |
| GOOG Alphabet Inc. Class C | 0.13% | 2,810 | $993K | Reduce -3.8% |
| SPOT Spotify Technology SA | 0.11% | 1,876 | $861K | Add +4.5% |
| VOO Vanguard S&P 500 ETF | 0.11% | 1,238 | $850K | Add +23.1% |
| VRT Vertiv Holdings Co. Class A | 0.11% | 2,504 | $838K | Reduce -14.7% |
| CRWV Coreweave Inc. Class A | 0.11% | 8,371 | $833K | Reduce -29.2% |
| BE Bloom Energy Corp. Class A | 0.11% | 2,697 | $816K | New |
| VEA Vanguard Ftse Developed ETF | 0.10% | 11,162 | $795K | Add +17.2% |
| INFQ Infleqtion Inc. | 0.10% | 57,056 | $760K | Reduce -41.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.10% | 1,461 | $731K | Reduce -13.8% |
| ASTS Ast Spacemobile Inc. | 0.09% | 7,701 | $684K | Reduce -13.3% |
| TLN Talen Energy Corp. | 0.08% | 1,683 | $647K | New |
Options reported separately and not counted above: SPY puts ($7.5M).
Portfolio Sells Q1 2026 → Q2 2026
| IGV iShares Expanded Tech-Softwa | Sold out | 0.00% | −1.87 |
| BND Vanguard Total Bond Market | Reduce -4.8% | 10.53% | −1.73 |
| HON Honeywell International Inc. | Reduce -34.6% | 0.36% | −0.86 |
| XOM Exxon Mobil Corp. | Reduce -0.5% | 1.02% | −0.39 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.38 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.37 |
| AVGO Broadcom Inc. | Reduce -30.6% | 1.06% | −0.32 |
| HONA Honeywell Aerospace Inc. | Reduce -34.9% | 0.35% | −0.25 |
| SNOW Snowflake Inc. | Reduce -52.8% | 0.59% | −0.23 |
| PWR Quanta Services Inc. | Reduce -26.8% | 1.42% | −0.22 |
| MELI MercadoLibre Inc. | Reduce -6.7% | 0.98% | −0.20 |
| WMT Walmart Inc. | Reduce -0.9% | 0.85% | −0.19 |
| META Meta Platforms Inc. Class A | Reduce -1.5% | 1.07% | −0.15 |
| REGN Regeneron Pharmaceuticals | Reduce -1.0% | 0.39% | −0.15 |
| BLSH Bullish | Sold out | 0.00% | −0.11 |
| MSFT Microsoft Corp. | Reduce -1.0% | 0.95% | −0.10 |
| SOFI Sofi Technologies Inc. | Reduce -17.2% | 0.53% | −0.10 |
| AAPL Apple Inc. | Reduce -6.9% | 1.89% | −0.08 |
| BLOK Amplify Blockchain Tech ETF | Reduce -35.4% | 0.15% | −0.06 |
| IWM iShares Russell 2000 ETF | Reduce -31.6% | 0.14% | −0.05 |
| ICSH iShares Ultra Short Duration | Sold out | 0.00% | −0.04 |
| GSY Invesco Ultra Short Duration | Sold out | 0.00% | −0.04 |
| INFQ Infleqtion Inc. | Reduce -41.4% | 0.10% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Reduce -1.8% | 0.30% | −0.03 |
| MINT PIMCO Enhanced Short Maturit | Reduce -38.4% | 0.03% | −0.03 |
| CRWV Coreweave Inc. Class A | Reduce -29.2% | 0.11% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -13.8% | 0.10% | −0.02 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -0.3% | 0.17% | −0.02 |
| ASTS Ast Spacemobile Inc. | Reduce -13.3% | 0.09% | −0.02 |
| PDBC Invesco Optimum Yield Divers | Reduce -28.3% | 0.02% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -22.2% | 0.03% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -4.0% | 1.46% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.9% | 0.07% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -1.0% | 1.58% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.5% | 0.64% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Reduce -5.5% | 0.05% | −0.00 |
| SLAB Silicon Laboratories Inc. | Reduce -2.8% | 0.05% | −0.00 |
| XBIL F/M US Treasury 6 Month Bill | Reduce -0.3% | 0.04% | −0.00 |
| TSLA Tesla Inc. | Reduce -4.4% | 0.19% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.0% | 0.18% | +0.00 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.3% | 0.16% | +0.00 |
| NVDA Nvidia Corp. | Reduce -3.5% | 1.75% | +0.00 |
| VRT Vertiv Holdings Co. Class A | Reduce -14.7% | 0.11% | +0.00 |
| DELL Dell Technologies -C | Reduce -55.8% | 0.17% | +0.01 |
| GOOG Alphabet Inc. Class C | Reduce -3.8% | 0.13% | +0.01 |
| CSCO Cisco Systems Inc. | Reduce -3.4% | 0.07% | +0.02 |
| AMD Advanced Micro Devices | Reduce -21.5% | 0.07% | +0.04 |
| GS Goldman Sachs Group Inc. | Reduce -2.1% | 0.70% | +0.04 |
| ARM Arm Holdings PLC-ADR | Reduce -35.9% | 0.23% | +0.06 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.6% | 3.01% | +0.06 |
Portfolio Buys Q1 2026 → Q2 2026
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +333.7% | 2.21% | +1.65 |
| TBIL F/M US Treasury 3 Month Bill | Add +167.5% | 2.13% | +1.25 |
| IGF iShares Global Infrastructur | Add +58.2% | 2.93% | +0.87 |
| ETN Eaton Corp. PLC | New | 0.43% | +0.43 |
| JCI Johnson Controls Internation | New | 0.42% | +0.42 |
| NFLX Netflix Inc. | New | 0.33% | +0.33 |
| HAL Halliburton Co. | New | 0.29% | +0.29 |
| AESI Atlas Energy Solutions Inc. | Add +0.4% | 1.38% | +0.18 |
| JHX James Hardie Ind PLC | Add +2.2% | 0.49% | +0.11 |
| BE Bloom Energy Corp. Class A | New | 0.11% | +0.11 |
| TLN Talen Energy Corp. | New | 0.08% | +0.08 |
| LLY Eli Lilly & Co. | Add +1.0% | 0.52% | +0.08 |
| VNQ Vanguard Real Estate ETF | Add +4.1% | 3.08% | +0.07 |
| ABBV Abbvie Inc. | Add +1.8% | 0.95% | +0.06 |
| RH RH | Add +6.9% | 0.44% | +0.05 |
| NBIS Nebius Group NV | New | 0.05% | +0.05 |
| IBM Intl Business Machines Corp. | Add +2.2% | 0.75% | +0.05 |
| KVUE Kenvue Inc. | Add +7.5% | 0.67% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.05% | +0.05 |
| COHR Coherent Corp. | New | 0.04% | +0.04 |
| GLW Corning Inc. | New | 0.04% | +0.04 |
| INTC Intel Corp. | New | 0.04% | +0.04 |
| SBUX Starbucks Corp. | Add +2.8% | 0.73% | +0.04 |
| QCOM Qualcomm Inc. | New | 0.04% | +0.04 |
| VXF Vanguard Extended Market ETF | New | 0.04% | +0.04 |
| JFLX JPMorgan Flexible Debt ETF | New | 0.03% | +0.03 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.03% | +0.03 |
| SCHV Schwab US Large-Cap Value | New | 0.03% | +0.03 |
| FELG Fidelity Enh LRG Cap GWTH | New | 0.03% | +0.03 |
| TXN Texas Instruments Inc. | New | 0.03% | +0.03 |
| V Visa Inc. Class A | Add +0.8% | 0.80% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +23.1% | 0.11% | +0.02 |
| TBUX T Rowe Price Ultra Short-Ter | Add +24.0% | 0.20% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +17.2% | 0.10% | +0.02 |
| BX Blackstone Inc. | Add +9.2% | 1.27% | +0.01 |
| EME Emcor Group Inc. | Add +0.5% | 0.47% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +10.7% | 0.06% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +8.5% | 0.04% | +0.01 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +4.5% | 0.06% | +0.01 |
| PH Parker Hannifin Corp. | Add +1.6% | 0.74% | +0.00 |
| F Ford Motor Co. | Add +0.8% | 0.02% | +0.00 |
| HD Home Depot Inc. | Add +2.7% | 0.69% | −0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +1.8% | 0.15% | −0.01 |
| SPOT Spotify Technology SA | Add +4.5% | 0.11% | −0.01 |
| SDVY First Trust Smid Cap Rising | Add +0.3% | 2.06% | −0.02 |
| MRK Merck & Co. Inc. | Add +1.6% | 0.85% | −0.02 |
| ECL Ecolab Inc. | Add +1.9% | 0.44% | −0.02 |
| VMC Vulcan Materials Co. | Add +0.1% | 0.81% | −0.02 |
| KKR KKR & Co. Inc. | Add +9.0% | 1.23% | −0.03 |
| MA Mastercard Inc. Class A | Add +0.0% | 0.42% | −0.03 |
Options Activity Q1 2026 → Q2 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 10,000 | $7.5M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 128 | $762.9M | BND, QQQ, VIGI, VNQ, QTUM |
| Q1 2026 | 115 | $689.9M | BND, QQQ, VIGI, VNQ, SCHX |
| Q4 2025 | 116 | $709.9M | BND, QQQ, VIGI, SCHX, SCHG |
| Q3 2025 | 116 | $630.4M | QQQ, VIGI, BIL, SCHX, SCHG |
| Q2 2025 | 111 | $580.8M | QQQ, VIGI, KRE, SCHG, SCHX |
| Q1 2025 | 114 | $526.1M | QQQ, VIGI, SCHG, BIL, XLE |
| Q4 2024 | 113 | $545.6M | QQQ, VIGI, SCHG, SCHX, BIL |
| Q3 2024 | 110 | $531.9M | QQQ, VIGI, ICOW, TBIL, SCHG |
| Q2 2024 | 113 | $513.6M | QQQ, VIGI, ICOW, SCHG, SCHX |
| Q1 2024 | 114 | $512.4M | QQQ, ICOW, VIGI, SCHG, XLE |