B & T Capital Management DBA Alpha Capital Management

Name: B & T Capital Management DBA Alpha Capital Management 13F holdings, Q3 2024
Creator: B & T Capital Management DBA Alpha Capital Management
Published: 2024-10-09

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 9, 2024), B & T Capital Management DBA Alpha Capital Management reported 110 stock positions worth $531.9 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 8.4% of the portfolio, followed by Vanguard Int Div App Indx FD (VIGI, 4.3%) and Pacer Developed Markets Inte (ICOW, 4.1%). Compared with Q2 2024, it opened 3 new positions, sold out of 6, added to 34 and reduced 59. The biggest buy was F/M US Treasury 3 Month Bill (TBIL, shares +33%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −10%).

Most Recent 13F: Q2 2026
Location: AUSTIN, TX
CIK: 0001450935
Portfolio Value: $531.9M (Q3 2024)
SEC Filing: 0001450935-24-000007 ↗ filed Oct 9, 2024

Holdings Value

Holdings 110 stocks · $531.9M


QQQ Invesco QQQ Trust Series 1	8.36%	91,095	$44.5M	Reduce -9.6%
VIGI Vanguard Int Div App Indx FD	4.26%	256,494	$22.6M	Add +0.5%
ICOW Pacer Developed Markets Inte	4.09%	687,832	$21.8M	Add +2.1%
TBIL F/M US Treasury 3 Month Bill	4.02%	426,877	$21.4M	Add +32.5%
SCHG Schwab US Large-Cap Growth	3.83%	195,342	$20.4M	Reduce -2.9%
KRE SS SPDR S&P Regional Bank	3.61%	339,662	$19.2M	Add +0.2%
VNQ Vanguard Real Estate ETF	3.41%	186,253	$18.1M	Add +0.6%
SCHX Schwab US Large-Cap ETF	3.38%	264,834	$18.0M	Reduce -0.5%
XLE SS Energy Select Sector	2.99%	180,932	$15.9M	Add +2.5%
AAPL Apple Inc.	2.42%	55,269	$12.9M	Reduce -7.0%
KKR KKR & Co. Inc.	2.00%	81,656	$10.7M	Reduce -6.9%
BX Blackstone Inc.	1.80%	62,438	$9.6M	Reduce -4.4%
JPM JPMorgan Chase & Co.	1.76%	44,336	$9.3M	Reduce -2.2%
MELI MercadoLibre Inc.	1.73%	4,490	$9.2M	Reduce -10.2%
AMZN Amazon.com Inc.	1.72%	48,986	$9.1M	Reduce -6.6%
NEE Nextera Energy Inc.	1.70%	107,160	$9.1M	Reduce -1.8%
META Meta Platforms Inc. Class A	1.70%	15,758	$9.0M	Reduce -8.7%
GOOGL Alphabet Inc. Class A	1.60%	51,255	$8.5M	Reduce -6.6%
MSFT Microsoft Corp.	1.50%	18,559	$8.0M	Reduce -6.7%
BRK.B Berkshire Hathaway Inc. Class B	1.43%	16,538	$7.6M	Reduce -2.5%
AESI Atlas Energy Solutions Inc.	1.43%	348,731	$7.6M	Add +2.8%
AVGO Broadcom Inc.	1.40%	43,105	$7.4M	Reduce -3.7%
HON Honeywell International Inc.	1.30%	33,339	$6.9M	Add +0.7%
BKNG Booking Holdings Inc.	1.29%	1,627	$6.9M	Reduce -5.5%
XOM Exxon Mobil Corp.	1.26%	57,240	$6.7M	Reduce -0.5%
WSM Williams-Sonoma Inc.	1.24%	42,552	$6.6M	Reduce -1.6%
NVDA Nvidia Corp.	1.23%	53,734	$6.5M	Reduce -13.0%
ORCL Oracle Corp.	1.17%	36,665	$6.2M	Reduce -8.5%
HD Home Depot Inc.	1.05%	13,802	$5.6M	Reduce -1.3%
PH Parker Hannifin Corp.	1.03%	8,680	$5.5M	Reduce -1.4%
LMT Lockheed Martin Corp.	1.01%	9,231	$5.4M	Reduce -3.0%
ABBV Abbvie Inc.	1.01%	27,222	$5.4M	Reduce -1.8%
WMT Walmart Inc.	1.00%	65,650	$5.3M	Reduce -0.7%
BLK BlackRock Finance Inc.	1.00%	5,581	$5.3M	Reduce -3.4%
CAT Caterpillar Inc.	0.96%	12,987	$5.1M	Reduce -16.6%
VMC Vulcan Materials Co.	0.94%	19,949	$5.0M	Add +0.7%
FAST Fastenal Co.	0.92%	68,490	$4.9M	Add +0.4%
V Visa Inc. Class A	0.90%	17,417	$4.8M	Add +0.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.89%	8,260	$4.7M	Reduce -8.1%
KVUE Kenvue Inc.	0.86%	197,958	$4.6M	Add +0.4%
STZ Constellation Brands Inc. Class A	0.84%	17,351	$4.5M	Add +2.3%
QCOM Qualcomm Inc.	0.82%	25,799	$4.4M	Add +2.9%
AMGN Amgen Inc.	0.82%	13,534	$4.4M	Add +1.0%
MRK Merck & Co. Inc.	0.80%	37,332	$4.2M	Add +1.8%
MSCI MSCI Inc.	0.79%	7,212	$4.2M	Add +1.6%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.79%	48,980	$4.2M	Add +1.1%
SNOW Snowflake Inc.	0.78%	36,302	$4.2M	Reduce -1.7%
PANW Palo Alto Networks Inc.	0.77%	11,958	$4.1M	Reduce -2.7%
PEP Pepsico Inc.	0.75%	23,591	$4.0M	Add +1.4%
SCHD Schwab US DVD Equity ETF	0.75%	46,983	$4.0M	Reduce -16.7%
SOFI Sofi Technologies Inc.	0.74%	503,752	$4.0M	Reduce -2.5%
CVX Chevron Corp.	0.70%	25,458	$3.7M	Add +3.1%
RH RH	0.69%	10,961	$3.7M	Reduce -8.3%
GS Goldman Sachs Group Inc.	0.68%	7,286	$3.6M	Reduce -2.9%
MLM Martin Marietta Materials	0.59%	5,817	$3.1M	Reduce -1.0%
MA Mastercard Inc. Class A	0.59%	6,332	$3.1M	Reduce -1.6%
SHOP Shopify Inc. Class A	0.58%	38,223	$3.1M	Reduce -10.9%
ROP Roper Technologies Inc.	0.57%	5,449	$3.0M	Reduce -0.3%
COST Costco Wholesale Corp.	0.54%	3,246	$2.9M	No change
LLY Eli Lilly & Co.	0.51%	3,073	$2.7M	Add +748.9%
EOG EOG Resources Inc.	0.48%	20,606	$2.5M	Add +1.0%
JBHT Hunt (jb) Transprt SVCS Inc.	0.43%	13,309	$2.3M	Add +0.2%
JPST JPMorgan Ultra-Short Income	0.40%	42,225	$2.1M	Reduce -27.4%
CEG Constellation Energy	0.38%	7,724	$2.0M	New
OXY Occidental Petroleum Corp.	0.37%	38,217	$2.0M	Add +2.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.28%	5,628	$1.5M	Reduce -0.3%
COWZ Pacer US Cash Cows 100 ETF	0.27%	24,758	$1.4M	No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC	0.25%	7,910	$1.3M	Reduce -30.2%
REGN Regeneron Pharmaceuticals	0.24%	1,235	$1.3M	New
JEPI JPMorgan Equity Premium Inco	0.23%	20,193	$1.2M	Reduce -0.7%
BND Vanguard Total Bond Market	0.21%	15,187	$1.1M	Add +2.3%
STRS Stratus Properties Inc.	0.19%	38,750	$1.0M	No change
LPRO Open Lending Corp.	0.18%	160,678	$983K	Reduce -1.2%
AMAT Applied Materials Inc.	0.17%	4,364	$882K	Reduce -3.3%
VOO Vanguard S&P 500 ETF	0.15%	1,515	$799K	Reduce -27.6%
VTI VG Morningstar TS MKT ETF-US	0.14%	2,574	$729K	Add +0.3%
PLTR Palantir Technologies Inc. Class A	0.12%	16,865	$627K	Reduce -37.3%
ICSH iShares Ultra Short Duration	0.12%	12,251	$622K	Reduce -57.9%
GSY Invesco Ultra Short Duration	0.11%	11,625	$583K	Reduce -59.2%
GOOG Alphabet Inc. Class C	0.11%	3,425	$573K	No change
PDBC Invesco Optimum Yield Divers	0.10%	41,416	$556K	Add +0.7%
XBIL F/M US Treasury 6 Month Bill	0.10%	10,745	$539K	Add +6.5%
TSLA Tesla Inc.	0.10%	2,007	$525K	Add +9.5%
ARM Arm Holdings PLC-ADR	0.10%	3,671	$525K	Reduce -24.7%
CALF PCR US SM CP CSH CWS ETF-Usd	0.09%	10,542	$490K	No change
PG The Procter & Gamble Co.	0.09%	2,792	$484K	Add +2.1%
VEA Vanguard Ftse Developed ETF	0.09%	8,558	$452K	Reduce -0.4%
IVV iShares Core S&P 500 ETF	0.07%	687	$396K	No change
NOBL Proshares S&P 500 Dividend A	0.07%	3,400	$363K	No change
ESGV Vanguard ESG US Stock ETF	0.07%	3,522	$358K	Add +0.1%
AMD Advanced Micro Devices	0.07%	2,128	$349K	Reduce -8.6%
SPOT Spotify Technology SA	0.06%	925	$341K	Reduce -52.6%
LSCC Lattice Semiconductor Corp.	0.06%	6,415	$340K	No change
VIG Vanguard Dividend Apprec ETF	0.06%	1,702	$337K	Reduce -0.8%
MU Micron Technology Inc.	0.06%	3,223	$334K	Add +4.1%
SLAB Silicon Laboratories Inc.	0.06%	2,608	$301K	No change
NFLX Netflix Inc.	0.06%	420	$298K	Reduce -56.4%
CSCO Cisco Systems Inc.	0.05%	5,488	$292K	Add +1.4%
DELL Dell Technologies -C	0.05%	2,417	$287K	Add +1.1%
DKNG Draftkings Inc. Class A	0.05%	7,305	$286K	Reduce -45.7%
BSV Vanguard Short-Term Bond ETF	0.05%	3,604	$284K	No change
COWG Pacer US LRG Cap Cows GR LD	0.05%	9,488	$273K	Reduce -18.3%
SGOL Abrdn Physical Gold Shares	0.05%	10,443	$262K	No change
IVW iShares S&P 500 Growth ETF	0.05%	2,522	$242K	No change
SMCI Super Micro Computer Inc.	0.04%	573	$239K	Reduce -0.3%
MINT PIMCO Enhanced Short Maturit	0.04%	2,315	$233K	Reduce -38.3%
ADBE Adobe Inc.	0.04%	400	$207K	No change
CLF Cleveland-Cliffs Inc.	0.03%	12,850	$164K	No change
GRAL Grail Inc.	0.03%	10,547	$145K	New
F Ford Motor Co. filed as FORD MTR CO	0.02%	12,018	$127K	Reduce -0.4%

Options reported separately and not counted above: ARM puts ($215K).

Other holdings (1): bonds, preferreds, convertibles and warrants · $22K (not counted above)

Security	Class	Shares / Principal	Value	Change
TLSIW Medtech Acquisition Corp.-CW	*W EXP 08/10/202	22,222	$22K	No change

Total filed on the 13F, all lines: $531.9M.

Portfolio Sells Q2 2024 → Q3 2024


QQQ Invesco QQQ Trust Series 1	Reduce -9.6%	8.36%	−1.04
SBUX Starbucks Corp.	Sold out	0.00%	−0.64
CRSP Crispr Therapeutics AG	Sold out	0.00%	−0.39
GOOGL Alphabet Inc. Class A	Reduce -6.6%	1.60%	−0.35
NVDA Nvidia Corp.	Reduce -13.0%	1.23%	−0.26
AMZN Amazon.com Inc.	Reduce -6.6%	1.72%	−0.26
MSFT Microsoft Corp.	Reduce -6.7%	1.50%	−0.23
SNOW Snowflake Inc.	Reduce -1.7%	0.78%	−0.19
ICSH iShares Ultra Short Duration	Reduce -57.9%	0.12%	−0.17
JPST JPMorgan Ultra-Short Income	Reduce -27.4%	0.40%	−0.17
GSY Invesco Ultra Short Duration	Reduce -59.2%	0.11%	−0.17
SCHG Schwab US Large-Cap Growth	Reduce -2.9%	3.83%	−0.12
SCHD Schwab US DVD Equity ETF	Reduce -16.7%	0.75%	−0.11
NFLX Netflix Inc.	Reduce -56.4%	0.06%	−0.07
CRWD CrowdStrike Holdings Inc. Class A	Sold out	0.00%	−0.07
UBER Uber Technologies Inc.	Sold out	0.00%	−0.06
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -8.1%	0.89%	−0.06
TSM Taiwan Semiconductor-SP ADR	Sold out	0.00%	−0.06
ARM Arm Holdings PLC-ADR	Reduce -24.7%	0.10%	−0.06
SPOT Spotify Technology SA	Reduce -52.6%	0.06%	−0.06
CAT Caterpillar Inc.	Reduce -16.6%	0.96%	−0.05
VOO Vanguard S&P 500 ETF	Reduce -27.6%	0.15%	−0.05
MSTR Strategy Inc.	Reduce -30.2%	0.25%	−0.05
SMCI Super Micro Computer Inc.	Reduce -0.3%	0.04%	−0.05
DKNG Draftkings Inc. Class A	Reduce -45.7%	0.05%	−0.05
PANW Palo Alto Networks Inc.	Reduce -2.7%	0.77%	−0.04
AMAT Applied Materials Inc.	Reduce -3.3%	0.17%	−0.04
BKNG Booking Holdings Inc.	Reduce -5.5%	1.29%	−0.04
MLM Martin Marietta Materials	Reduce -1.0%	0.59%	−0.03
MINT PIMCO Enhanced Short Maturit	Reduce -38.3%	0.04%	−0.03
ROP Roper Technologies Inc.	Reduce -0.3%	0.57%	−0.03
XOM Exxon Mobil Corp.	Reduce -0.5%	1.26%	−0.03
JPM JPMorgan Chase & Co.	Reduce -2.2%	1.76%	−0.03
AAPL Apple Inc.	Reduce -7.0%	2.42%	−0.02
NAT Nordic American Tankers Ltd.	Sold out	0.00%	−0.02
PLTR Palantir Technologies Inc. Class A	Reduce -37.3%	0.12%	−0.01
COWG Pacer US LRG Cap Cows GR LD	Reduce -18.3%	0.05%	−0.01
AMD Advanced Micro Devices	Reduce -8.6%	0.07%	−0.01
F Ford Motor Co.	Reduce -0.4%	0.02%	−0.01
AVGO Broadcom Inc.	Reduce -3.7%	1.40%	−0.00
JEPI JPMorgan Equity Premium Inco	Reduce -0.7%	0.23%	+0.00
META Meta Platforms Inc. Class A	Reduce -8.7%	1.70%	+0.00
VEA Vanguard Ftse Developed ETF	Reduce -0.4%	0.09%	+0.00
VIG Vanguard Dividend Apprec ETF	Reduce -0.8%	0.06%	+0.00
LPRO Open Lending Corp.	Reduce -1.2%	0.18%	+0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd	Reduce -0.3%	0.28%	+0.01
GS Goldman Sachs Group Inc.	Reduce -2.9%	0.68%	+0.02
SHOP Shopify Inc. Class A	Reduce -10.9%	0.58%	+0.02
MA Mastercard Inc. Class A	Reduce -1.6%	0.59%	+0.04
SCHX Schwab US Large-Cap ETF	Reduce -0.5%	3.38%	+0.05

Portfolio Buys Q2 2024 → Q3 2024


TBIL F/M US Treasury 3 Month Bill	Add +32.5%	4.02%	+0.88
LLY Eli Lilly & Co.	Add +748.9%	0.51%	+0.45
VNQ Vanguard Real Estate ETF	Add +0.6%	3.41%	+0.39
CEG Constellation Energy	New	0.38%	+0.38
KRE SS SPDR S&P Regional Bank	Add +0.2%	3.61%	+0.37
REGN Regeneron Pharmaceuticals	New	0.24%	+0.24
VIGI Vanguard Int Div App Indx FD	Add +0.5%	4.26%	+0.22
KVUE Kenvue Inc.	Add +0.4%	0.86%	+0.16
MSCI MSCI Inc.	Add +1.6%	0.79%	+0.12
AESI Atlas Energy Solutions Inc.	Add +2.8%	1.43%	+0.11
ICOW Pacer Developed Markets Inte	Add +2.1%	4.09%	+0.11
CF CF Industries Holdings Inc.	Add +1.1%	0.79%	+0.09
FAST Fastenal Co.	Add +0.4%	0.92%	+0.08
TSLA Tesla Inc.	Add +9.5%	0.10%	+0.03
GRAL Grail Inc.	New	0.03%	+0.03
JBHT Hunt (jb) Transprt SVCS Inc.	Add +0.2%	0.43%	+0.02
V Visa Inc. Class A	Add +0.2%	0.90%	+0.01
PEP Pepsico Inc.	Add +1.4%	0.75%	+0.01
BND Vanguard Total Bond Market	Add +2.3%	0.21%	+0.01
CSCO Cisco Systems Inc.	Add +1.4%	0.05%	+0.00
AMGN Amgen Inc.	Add +1.0%	0.82%	+0.00
VTI VG Morningstar TS MKT ETF-US	Add +0.3%	0.14%	+0.00
PG The Procter & Gamble Co.	Add +2.1%	0.09%	+0.00
XBIL F/M US Treasury 6 Month Bill	Add +6.5%	0.10%	+0.00
ESGV Vanguard ESG US Stock ETF	Add +0.1%	0.07%	+0.00
PDBC Invesco Optimum Yield Divers	Add +0.7%	0.10%	−0.01
STZ Constellation Brands Inc. Class A	Add +2.3%	0.84%	−0.01
DELL Dell Technologies -C	Add +1.1%	0.05%	−0.01
MU Micron Technology Inc.	Add +4.1%	0.06%	−0.02
VMC Vulcan Materials Co.	Add +0.7%	0.94%	−0.02
EOG EOG Resources Inc.	Add +1.0%	0.48%	−0.02
CVX Chevron Corp.	Add +3.1%	0.70%	−0.05
HON Honeywell International Inc.	Add +0.7%	1.30%	−0.08
MRK Merck & Co. Inc.	Add +1.8%	0.80%	−0.09
OXY Occidental Petroleum Corp.	Add +2.6%	0.37%	−0.09
XLE SS Energy Select Sector	Add +2.5%	2.99%	−0.15
QCOM Qualcomm Inc.	Add +2.9%	0.82%	−0.15

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