B & T Capital Management DBA Alpha Capital Management
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 18, 2024), B & T Capital Management DBA Alpha Capital Management reported 113 stock positions worth $513.6 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 9.4% of the portfolio, followed by Vanguard Int Div App Indx FD (VIGI, 4.0%) and Pacer Developed Markets Inte (ICOW, 4.0%). Compared with Q1 2024, it opened 5 new positions, sold out of 6, added to 48 and reduced 46. The biggest buy was a new position in SS SPDR S&P Regional Bank (KRE) and the biggest sale Invesco Optimum Yield Divers (PDBC, shares −96%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001450935
- Portfolio Value
- $513.6M (Q2 2024)
- SEC Filing
- 0001450935-24-000006 ↗ filed Jul 18, 2024
Holdings Value
Holdings 113 stocks · $513.6M
| QQQ Invesco QQQ Trust Series 1 | 9.40% | 100,737 | $48.3M | Reduce -0.4% |
| VIGI Vanguard Int Div App Indx FD | 4.04% | 255,167 | $20.7M | Add +3.5% |
| ICOW Pacer Developed Markets Inte | 3.98% | 673,768 | $20.5M | Add +2.1% |
| SCHG Schwab US Large-Cap Growth | 3.95% | 201,227 | $20.3M | Add +8.0% |
| SCHX Schwab US Large-Cap ETF | 3.33% | 266,190 | $17.1M | Add +2.4% |
| KRE SS SPDR S&P Regional Bank | 3.24% | 339,091 | $16.6M | New |
| TBIL F/M US Treasury 3 Month Bill | 3.14% | 322,167 | $16.1M | Add +238.0% |
| XLE SS Energy Select Sector | 3.13% | 176,553 | $16.1M | Add +0.1% |
| VNQ Vanguard Real Estate ETF | 3.02% | 185,149 | $15.5M | Add +2.5% |
| AAPL Apple Inc. | 2.44% | 59,454 | $12.5M | Reduce -1.7% |
| AMZN Amazon.com Inc. | 1.97% | 52,426 | $10.1M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 1.95% | 54,867 | $10.0M | Reduce -3.9% |
| KKR KKR & Co. Inc. | 1.80% | 87,731 | $9.2M | Reduce -15.3% |
| JPM JPMorgan Chase & Co. | 1.79% | 45,348 | $9.2M | Reduce -1.4% |
| MSFT Microsoft Corp. | 1.73% | 19,882 | $8.9M | Reduce -3.9% |
| META Meta Platforms Inc. Class A | 1.69% | 17,257 | $8.7M | Reduce -2.1% |
| MELI MercadoLibre Inc. | 1.60% | 4,997 | $8.2M | Reduce -0.4% |
| BX Blackstone Inc. | 1.57% | 65,335 | $8.1M | Reduce -0.1% |
| NEE Nextera Energy Inc. | 1.50% | 109,131 | $7.7M | Add +0.6% |
| NVDA Nvidia Corp. | 1.49% | 61,775 | $7.6M | Add +35.1% |
| AVGO Broadcom Inc. | 1.40% | 4,478 | $7.2M | Reduce -3.5% |
| HON Honeywell International Inc. | 1.38% | 33,097 | $7.1M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.34% | 16,953 | $6.9M | Add +0.5% |
| BKNG Booking Holdings Inc. | 1.33% | 1,722 | $6.8M | Add +72.2% |
| AESI Atlas Energy Solutions Inc. | 1.32% | 339,351 | $6.8M | Add +0.1% |
| XOM Exxon Mobil Corp. | 1.29% | 57,538 | $6.6M | Reduce -1.0% |
| WSM Williams-Sonoma Inc. | 1.19% | 21,622 | $6.1M | Reduce -4.1% |
| ORCL Oracle Corp. | 1.10% | 40,076 | $5.7M | Reduce -1.0% |
| CAT Caterpillar Inc. | 1.01% | 15,565 | $5.2M | Reduce -3.5% |
| QCOM Qualcomm Inc. | 0.97% | 25,079 | $5.0M | Reduce -23.7% |
| SNOW Snowflake Inc. | 0.97% | 36,916 | $5.0M | Add +2.1% |
| VMC Vulcan Materials Co. | 0.96% | 19,816 | $4.9M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.95% | 8,990 | $4.9M | Reduce -1.4% |
| HD Home Depot Inc. | 0.94% | 13,977 | $4.8M | Add +0.3% |
| ABBV Abbvie Inc. | 0.93% | 27,726 | $4.8M | Add +0.2% |
| V Visa Inc. Class A | 0.89% | 17,385 | $4.6M | Reduce -0.5% |
| BLK BlackRock Finance Inc. | 0.89% | 5,776 | $4.5M | Add +1.1% |
| MRK Merck & Co. Inc. | 0.88% | 36,660 | $4.5M | Add +0.7% |
| WMT Walmart Inc. | 0.87% | 66,137 | $4.5M | Reduce -14.8% |
| PH Parker Hannifin Corp. | 0.87% | 8,799 | $4.5M | Add +0.3% |
| LMT Lockheed Martin Corp. | 0.87% | 9,516 | $4.4M | Add +0.3% |
| SCHD Schwab US DVD Equity ETF | 0.85% | 56,406 | $4.4M | Add +4.6% |
| STZ Constellation Brands Inc. Class A | 0.85% | 16,965 | $4.4M | Add +1.7% |
| FAST Fastenal Co. | 0.83% | 68,222 | $4.3M | Add +0.8% |
| AMGN Amgen Inc. | 0.82% | 13,405 | $4.2M | Add +2.3% |
| PANW Palo Alto Networks Inc. | 0.81% | 12,288 | $4.2M | Reduce -2.1% |
| CVX Chevron Corp. | 0.75% | 24,691 | $3.9M | Add +2.3% |
| PEP Pepsico Inc. | 0.75% | 23,265 | $3.8M | Add +1.1% |
| CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC | 0.70% | 48,468 | $3.6M | Add +2.1% |
| KVUE Kenvue Inc. | 0.70% | 197,208 | $3.6M | Add +2.0% |
| MSCI MSCI Inc. | 0.67% | 7,100 | $3.4M | Add +5.3% |
| SOFI Sofi Technologies Inc. | 0.66% | 516,551 | $3.4M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.66% | 7,507 | $3.4M | Reduce -1.6% |
| SBUX Starbucks Corp. | 0.64% | 42,201 | $3.3M | Add +0.9% |
| MLM Martin Marietta Materials | 0.62% | 5,878 | $3.2M | Reduce -2.0% |
| ROP Roper Technologies Inc. | 0.60% | 5,463 | $3.1M | Add +0.7% |
| JPST JPMorgan Ultra-Short Income | 0.57% | 58,135 | $2.9M | Reduce -28.4% |
| RH RH | 0.57% | 11,948 | $2.9M | Add +48.7% |
| MA Mastercard Inc. Class A | 0.55% | 6,436 | $2.8M | Reduce -0.2% |
| SHOP Shopify Inc. Class A | 0.55% | 42,892 | $2.8M | Reduce -5.0% |
| COST Costco Wholesale Corp. | 0.54% | 3,246 | $2.8M | Reduce -25.2% |
| EOG EOG Resources Inc. | 0.50% | 20,406 | $2.6M | Add +0.8% |
| OXY Occidental Petroleum Corp. | 0.46% | 37,233 | $2.3M | Add +1.1% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.41% | 13,286 | $2.1M | Add +3.2% |
| CRSP Crispr Therapeutics AG | 0.39% | 36,636 | $2.0M | Reduce -17.2% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.30% | 1,133 | $1.6M | Reduce -13.8% |
| ICSH iShares Ultra Short Duration | 0.29% | 29,126 | $1.5M | Reduce -14.7% |
| GSY Invesco Ultra Short Duration filed as POWERSHARES ACTIVELY MANAGED | 0.28% | 28,500 | $1.4M | Reduce -14.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 5,648 | $1.4M | Reduce -1.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.26% | 24,758 | $1.3M | Add +23.6% |
| JEPI JPMorgan Equity Premium Inco | 0.22% | 20,328 | $1.2M | Reduce -1.1% |
| BND Vanguard Total Bond Market | 0.21% | 14,848 | $1.1M | Add +1.6% |
| AMAT Applied Materials Inc. | 0.21% | 4,512 | $1.1M | No change |
| VOO Vanguard S&P 500 ETF | 0.20% | 2,094 | $1.0M | Reduce -3.3% |
| STRS Stratus Properties Inc. | 0.19% | 38,750 | $977K | No change |
| LPRO Open Lending Corp. | 0.18% | 162,678 | $908K | Reduce -8.6% |
| ARM Arm Holdings PLC-ADR | 0.16% | 4,874 | $797K | Add +387.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 2,566 | $687K | Reduce -10.0% |
| PLTR Palantir Technologies Inc. Class A | 0.13% | 26,885 | $681K | Add +15.4% |
| NFLX Netflix Inc. | 0.13% | 963 | $650K | Add +2.5% |
| GOOG Alphabet Inc. Class C | 0.12% | 3,425 | $628K | Reduce -2.8% |
| SPOT Spotify Technology SA | 0.12% | 1,953 | $613K | Reduce -0.3% |
| PDBC Invesco Optimum Yield Divers | 0.11% | 41,141 | $578K | Reduce -96.3% |
| DKNG Draftkings Inc. Class A | 0.10% | 13,448 | $513K | Add +2.6% |
| XBIL F/M US Treasury 6 Month Bill | 0.10% | 10,085 | $505K | No change |
| SMCI Super Micro Computer Inc. | 0.09% | 575 | $471K | Reduce -3.7% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.09% | 10,542 | $459K | No change |
| PG The Procter & Gamble Co. | 0.09% | 2,734 | $451K | Add +5.5% |
| VEA Vanguard Ftse Developed ETF | 0.08% | 8,596 | $425K | Add +1.6% |
| MU Micron Technology Inc. | 0.08% | 3,097 | $407K | New |
| AMD Advanced Micro Devices | 0.07% | 2,327 | $377K | Reduce -87.2% |
| MINT PIMCO Enhanced Short Maturit | 0.07% | 3,750 | $377K | No change |
| IVV iShares Core S&P 500 ETF | 0.07% | 687 | $376K | No change |
| LSCC Lattice Semiconductor Corp. | 0.07% | 6,415 | $372K | No change |
| TSLA Tesla Inc. | 0.07% | 1,833 | $363K | Reduce -19.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.07% | 909 | $348K | Add +0.2% |
| ESGV Vanguard ESG US Stock ETF | 0.07% | 3,517 | $340K | Add +8.7% |
| DELL Dell Technologies -C | 0.06% | 2,392 | $330K | Add +0.4% |
| LLY Eli Lilly & Co. | 0.06% | 362 | $328K | New |
| NOBL Proshares S&P 500 Dividend A | 0.06% | 3,400 | $327K | No change |
| UBER Uber Technologies Inc. | 0.06% | 4,484 | $326K | Reduce -91.2% |
| COWG Pacer US LRG Cap Cows GR LD | 0.06% | 11,616 | $315K | New |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 1,715 | $313K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 1,720 | $299K | Add +14.5% |
| SLAB Silicon Laboratories Inc. | 0.06% | 2,608 | $289K | No change |
| BSV Vanguard Short-Term Bond ETF | 0.05% | 3,604 | $276K | No change |
| CSCO Cisco Systems Inc. | 0.05% | 5,412 | $257K | Reduce -4.0% |
| IVW iShares S&P 500 Growth ETF | 0.05% | 2,522 | $233K | No change |
| SGOL Abrdn Physical Gold Shares | 0.05% | 10,443 | $232K | No change |
| ADBE Adobe Inc. | 0.04% | 400 | $222K | Reduce -65.2% |
| CLF Cleveland-Cliffs Inc. | 0.04% | 12,850 | $198K | No change |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.03% | 12,070 | $151K | Add +0.4% |
| NAT Nordic American Tankers Ltd. | 0.02% | 20,000 | $80K | No change |
Options reported separately and not counted above: ARM puts ($245K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $33K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TLSIW Medtech Acquisition Corp.-CW | *W EXP 08/10/202 | 22,222 | $33K | No change |
Total filed on the 13F, all lines: $513.6M.
Portfolio Sells Q1 2024 → Q2 2024
| PDBC Invesco Optimum Yield Divers | Reduce -96.3% | 0.11% | −2.89 |
| UBER Uber Technologies Inc. | Reduce -91.2% | 0.06% | −0.70 |
| HUM Humana Inc. | Sold out | 0.00% | −0.59 |
| AMD Advanced Micro Devices | Reduce -87.2% | 0.07% | −0.57 |
| CNC Centene Corp. | Sold out | 0.00% | −0.48 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.41 |
| ALB Albemarle Corp. | Sold out | 0.00% | −0.40 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.40 |
| KKR KKR & Co. Inc. | Reduce -15.3% | 1.80% | −0.24 |
| JPST JPMorgan Ultra-Short Income | Reduce -28.4% | 0.57% | −0.23 |
| WSM Williams-Sonoma Inc. | Reduce -4.1% | 1.19% | −0.21 |
| CRSP Crispr Therapeutics AG | Reduce -17.2% | 0.39% | −0.20 |
| CAT Caterpillar Inc. | Reduce -3.5% | 1.01% | −0.14 |
| MSTR Strategy Inc. | Reduce -13.8% | 0.30% | −0.13 |
| SHOP Shopify Inc. Class A | Reduce -5.0% | 0.55% | −0.13 |
| QCOM Qualcomm Inc. | Reduce -23.7% | 0.97% | −0.11 |
| BX Blackstone Inc. | Reduce -0.1% | 1.57% | −0.10 |
| VMC Vulcan Materials Co. | Reduce -0.5% | 0.96% | −0.10 |
| MLM Martin Marietta Materials | Reduce -2.0% | 0.62% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -25.2% | 0.54% | −0.08 |
| SOFI Sofi Technologies Inc. | Reduce -0.3% | 0.66% | −0.07 |
| ADBE Adobe Inc. | Reduce -65.2% | 0.04% | −0.07 |
| V Visa Inc. Class A | Reduce -0.5% | 0.89% | −0.06 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Sold out | 0.00% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -0.2% | 0.55% | −0.05 |
| ICSH iShares Ultra Short Duration | Reduce -14.7% | 0.29% | −0.05 |
| GSY Invesco Ultra Short Duration | Reduce -14.9% | 0.28% | −0.05 |
| LPRO Open Lending Corp. | Reduce -8.6% | 0.18% | −0.04 |
| WMT Walmart Inc. | Reduce -14.8% | 0.87% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -1.0% | 1.29% | −0.03 |
| SMCI Super Micro Computer Inc. | Reduce -3.7% | 0.09% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 1.79% | −0.01 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.1% | 0.27% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -10.0% | 0.13% | −0.01 |
| JEPI JPMorgan Equity Premium Inco | Reduce -1.1% | 0.22% | −0.01 |
| TSLA Tesla Inc. | Reduce -19.1% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -4.0% | 0.05% | −0.00 |
| VOO Vanguard S&P 500 ETF | Reduce -3.3% | 0.20% | +0.00 |
| GOOG Alphabet Inc. Class C | Reduce -2.8% | 0.12% | +0.02 |
| SPOT Spotify Technology SA | Reduce -0.3% | 0.12% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 0.95% | +0.02 |
| META Meta Platforms Inc. Class A | Reduce -2.1% | 1.69% | +0.02 |
| MSFT Microsoft Corp. | Reduce -3.9% | 1.73% | +0.03 |
| GS Goldman Sachs Group Inc. | Reduce -1.6% | 0.66% | +0.04 |
| AMZN Amazon.com Inc. | Reduce -2.1% | 1.97% | +0.09 |
| ORCL Oracle Corp. | Reduce -1.0% | 1.10% | +0.11 |
| PANW Palo Alto Networks Inc. | Reduce -2.1% | 0.81% | +0.12 |
| MELI MercadoLibre Inc. | Reduce -0.4% | 1.60% | +0.12 |
| AVGO Broadcom Inc. | Reduce -3.5% | 1.40% | +0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -3.9% | 1.95% | +0.26 |
Portfolio Buys Q1 2024 → Q2 2024
| KRE SS SPDR S&P Regional Bank | New | 3.24% | +3.24 |
| TBIL F/M US Treasury 3 Month Bill | Add +238.0% | 3.14% | +2.21 |
| NVDA Nvidia Corp. | Add +35.1% | 1.49% | +0.68 |
| BKNG Booking Holdings Inc. | Add +72.2% | 1.33% | +0.62 |
| SCHG Schwab US Large-Cap Growth | Add +8.0% | 3.95% | +0.58 |
| SCHX Schwab US Large-Cap ETF | Add +2.4% | 3.33% | +0.18 |
| NEE Nextera Energy Inc. | Add +0.6% | 1.50% | +0.15 |
| ARM Arm Holdings PLC-ADR | Add +387.4% | 0.16% | +0.13 |
| VIGI Vanguard Int Div App Indx FD | Add +3.5% | 4.04% | +0.11 |
| AMGN Amgen Inc. | Add +2.3% | 0.82% | +0.09 |
| MU Micron Technology Inc. | New | 0.08% | +0.08 |
| LLY Eli Lilly & Co. | New | 0.06% | +0.06 |
| COWG Pacer US LRG Cap Cows GR LD | New | 0.06% | +0.06 |
| VIG Vanguard Dividend Apprec ETF | New | 0.06% | +0.06 |
| HON Honeywell International Inc. | Add +0.7% | 1.38% | +0.06 |
| COWZ Pacer US Cash Cows 100 ETF | Add +23.6% | 0.26% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +15.4% | 0.13% | +0.03 |
| LMT Lockheed Martin Corp. | Add +0.3% | 0.87% | +0.02 |
| RH RH | Add +48.7% | 0.57% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +14.5% | 0.06% | +0.02 |
| NFLX Netflix Inc. | Add +2.5% | 0.13% | +0.02 |
| DELL Dell Technologies -C | Add +0.4% | 0.06% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.2% | 0.07% | +0.01 |
| CVX Chevron Corp. | Add +2.3% | 0.75% | +0.01 |
| ESGV Vanguard ESG US Stock ETF | Add +8.7% | 0.07% | +0.01 |
| PG The Procter & Gamble Co. | Add +5.5% | 0.09% | +0.01 |
| ROP Roper Technologies Inc. | Add +0.7% | 0.60% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +4.6% | 0.85% | +0.01 |
| BND Vanguard Total Bond Market | Add +1.6% | 0.21% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Add +1.6% | 0.08% | −0.00 |
| F Ford Motor Co. | Add +0.4% | 0.03% | −0.00 |
| EOG EOG Resources Inc. | Add +0.8% | 0.50% | −0.00 |
| OXY Occidental Petroleum Corp. | Add +1.1% | 0.46% | −0.01 |
| DKNG Draftkings Inc. Class A | Add +2.6% | 0.10% | −0.02 |
| VNQ Vanguard Real Estate ETF | Add +2.5% | 3.02% | −0.03 |
| STZ Constellation Brands Inc. Class A | Add +1.7% | 0.85% | −0.03 |
| PEP Pepsico Inc. | Add +1.1% | 0.75% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 1.34% | −0.04 |
| BLK BlackRock Finance Inc. | Add +1.1% | 0.89% | −0.04 |
| MRK Merck & Co. Inc. | Add +0.7% | 0.88% | −0.05 |
| ABBV Abbvie Inc. | Add +0.2% | 0.93% | −0.06 |
| CF CF Industries Holdings Inc. | Add +2.1% | 0.70% | −0.07 |
| MSCI MSCI Inc. | Add +5.3% | 0.67% | −0.07 |
| PH Parker Hannifin Corp. | Add +0.3% | 0.87% | −0.09 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +3.2% | 0.41% | −0.09 |
| SBUX Starbucks Corp. | Add +0.9% | 0.64% | −0.11 |
| HD Home Depot Inc. | Add +0.3% | 0.94% | −0.11 |
| KVUE Kenvue Inc. | Add +2.0% | 0.70% | −0.11 |
| XLE SS Energy Select Sector | Add +0.1% | 3.13% | −0.12 |
| ICOW Pacer Developed Markets Inte | Add +2.1% | 3.98% | −0.13 |
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 |