B & T Capital Management DBA Alpha Capital Management

Name: B & T Capital Management DBA Alpha Capital Management 13F holdings, Q1 2026
Creator: B & T Capital Management DBA Alpha Capital Management
Published: 2026-05-13

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

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), B & T Capital Management DBA Alpha Capital Management reported 115 stock positions worth $689.9 million. Its top holding was Vanguard Total Bond Market (BND) at 12.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 7.7%) and Vanguard Int Div App Indx FD (VIGI, 4.0%). Compared with Q4 2025, it opened 9 new positions, sold out of 10, added to 52 and reduced 48. The biggest buy was a new position in iShares Expanded Tech-Softwa (IGV) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −74%).

Most Recent 13F: Q2 2026
Location: AUSTIN, TX
CIK: 0001450935
Portfolio Value: $689.9M (Q1 2026)
SEC Filing: 0001450935-26-000005 ↗ filed May 13, 2026

Holdings Value

Holdings 115 stocks · $689.9M


BND Vanguard Total Bond Market	12.27%	1,149,292	$84.6M	Add +5.7%
QQQ Invesco QQQ Trust Series 1	7.68%	91,810	$53.0M	Add +0.1%
VIGI Vanguard Int Div App Indx FD	3.95%	308,271	$27.3M	Add +2.3%
VNQ Vanguard Real Estate ETF	3.01%	234,294	$20.8M	Add +14.3%
SCHX Schwab US Large-Cap ETF	2.94%	792,079	$20.3M	Reduce -2.0%
SCHG Schwab US Large-Cap Growth	2.74%	648,232	$18.9M	Reduce -1.9%
QTUM Defiance Quantum ETF	2.26%	145,239	$15.6M	Add +3.9%
SDVY First Trust Smid Cap Rising	2.07%	363,033	$14.3M	Add +0.3%
IGF iShares Global Infrastructur	2.06%	212,128	$14.2M	Add +0.9%
JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F	2.03%	209,699	$14.0M	Add +1.0%
AAPL Apple Inc.	1.97%	53,639	$13.6M	Reduce -1.3%
IGV iShares Expanded Tech-Softwa	1.87%	161,373	$12.9M	New
NVDA Nvidia Corp.	1.74%	68,972	$12.0M	Add +30.4%
GOOGL Alphabet Inc. Class A	1.73%	41,575	$12.0M	Reduce -8.1%
PWR Quanta Services Inc.	1.64%	20,608	$11.3M	Reduce -19.5%
JPM JPMorgan Chase & Co.	1.59%	37,184	$10.9M	Reduce -1.4%
NEE Nextera Energy Inc.	1.47%	109,501	$10.2M	Reduce -2.7%
AMZN Amazon.com Inc.	1.47%	48,831	$10.2M	Add +4.2%
XOM Exxon Mobil Corp.	1.41%	57,424	$9.7M	Reduce -3.8%
AVGO Broadcom Inc.	1.38%	30,729	$9.5M	Reduce -4.8%
BX Blackstone Inc.	1.26%	75,480	$8.7M	Add +27.8%
KKR KKR & Co. Inc.	1.25%	93,482	$8.6M	Add +29.0%
META Meta Platforms Inc. Class A	1.22%	14,756	$8.4M	Add +6.5%
HON Honeywell International Inc.	1.22%	37,249	$8.4M	Add +0.6%
AESI Atlas Energy Solutions Inc.	1.20%	633,029	$8.3M	Reduce -16.5%
MELI MercadoLibre Inc.	1.18%	4,710	$8.1M	Add +7.7%
MSFT Microsoft Corp.	1.06%	19,710	$7.3M	Add +9.7%
WMT Walmart Inc.	1.05%	58,082	$7.2M	Reduce -4.0%
FAST Fastenal Co.	0.91%	135,878	$6.3M	Add +0.7%
WSM Williams-Sonoma Inc.	0.91%	34,292	$6.3M	Reduce -2.4%
TSM Taiwan Semiconductor-SP ADR	0.90%	18,431	$6.2M	Reduce -31.0%
LMT Lockheed Martin Corp.	0.89%	10,207	$6.2M	Reduce -1.7%
ABBV Abbvie Inc.	0.89%	28,193	$6.1M	Add +0.2%
TBIL F/M US Treasury 3 Month Bill	0.88%	121,885	$6.1M	Reduce -31.4%
CVX Chevron Corp.	0.87%	28,849	$6.0M	Reduce -0.3%
MRK Merck & Co. Inc.	0.86%	49,486	$6.0M	Reduce -1.6%
CAT Caterpillar Inc.	0.85%	8,235	$5.8M	Reduce -35.2%
VMC Vulcan Materials Co.	0.82%	20,894	$5.7M	Add +1.0%
SNOW Snowflake Inc.	0.82%	37,569	$5.7M	Reduce -3.5%
PLTR Palantir Technologies Inc. Class A	0.80%	37,622	$5.5M	Reduce -1.8%
AMGN Amgen Inc.	0.80%	15,596	$5.5M	Reduce -0.2%
BLK BlackRock Inc.	0.79%	5,633	$5.4M	Add +2.0%
V Visa Inc. Class A	0.77%	17,559	$5.3M	Add +4.0%
PEP Pepsico Inc.	0.77%	34,057	$5.3M	Add +0.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.75%	53,632	$5.2M	New
PH Parker Hannifin Corp.	0.74%	5,689	$5.1M	Reduce -29.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.70%	19,923	$4.8M	Add +2.9%
HD Home Depot Inc.	0.70%	14,642	$4.8M	Add +2.1%
SBUX Starbucks Corp.	0.69%	52,801	$4.7M	Add +5.6%
ORCL Oracle Corp.	0.66%	31,128	$4.6M	Add +7.0%
MSCI MSCI Inc.	0.66%	8,485	$4.6M	Add +3.8%
GS Goldman Sachs Group Inc.	0.66%	5,373	$4.5M	Reduce -7.8%
SPY SS SPDR S&P 500 ETF Trust-US	0.65%	6,863	$4.5M	Reduce -2.7%
SOFI Sofi Technologies Inc.	0.63%	272,527	$4.3M	Reduce -16.1%
KVUE Kenvue Inc.	0.62%	247,165	$4.3M	Add +5.3%
BIL SS SPDR BB 1-3M T-Bill ETF	0.56%	42,452	$3.9M	Reduce -73.5%
REGN Regeneron Pharmaceuticals	0.54%	4,828	$3.7M	Reduce -10.5%
PANW Palo Alto Networks Inc.	0.52%	22,228	$3.6M	Add +1.2%
MLM Martin Marietta Materials	0.50%	5,874	$3.5M	Add +0.1%
COST Costco Wholesale Corp.	0.48%	3,330	$3.3M	Add +0.6%
EOG EOG Resources Inc.	0.47%	22,394	$3.2M	Reduce -0.1%
SHOP Shopify Inc. Class A	0.47%	27,130	$3.2M	Reduce -2.4%
EME Emcor Group Inc.	0.46%	4,319	$3.2M	New
ECL Ecolab Inc.	0.46%	11,944	$3.2M	Reduce -0.6%
CEG Constellation Energy	0.46%	11,254	$3.1M	Reduce -1.5%
MA Mastercard Inc. Class A	0.45%	6,238	$3.1M	Add +2.4%
LLY Eli Lilly & Co.	0.43%	3,254	$3.0M	Reduce -0.5%
JHX James Hardie Ind PLC	0.39%	141,127	$2.7M	New
ROP Roper Technologies Inc.	0.38%	7,502	$2.7M	Add +26.2%
RH RH	0.38%	18,864	$2.6M	Add +37.8%
UBER Uber Technologies Inc.	0.37%	35,413	$2.5M	Reduce -5.9%
SCHD Schwab US DVD Equity ETF	0.33%	73,178	$2.2M	Add +1.3%
STRS Stratus Properties Inc.	0.21%	47,806	$1.5M	Add +15.2%
BLOK Amplify Blockchain Tech ETF	0.21%	29,116	$1.5M	Add +164.0%
AMAT Applied Materials Inc.	0.20%	4,093	$1.4M	Reduce -0.4%
AFL Aflac Inc.	0.19%	12,244	$1.3M	No change
TSLA Tesla Inc.	0.19%	3,603	$1.3M	Add +3.3%
IWM iShares Russell 2000 ETF	0.19%	5,313	$1.3M	New
BINC iShares Flex I A ETF-Usd Inc.	0.19%	25,070	$1.3M	New
TBUX T Rowe Price Ultra Short-Ter	0.18%	25,000	$1.2M	New
MU Micron Technology Inc.	0.18%	3,631	$1.2M	Add +169.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.18%	4,234	$1.2M	Add +3.0%
ARM Arm Holdings PLC-ADR	0.17%	7,871	$1.2M	Add +14.3%
JEPI JPMorgan Equity Premium Inco	0.16%	19,543	$1.1M	No change
DELL Dell Technologies -C	0.16%	6,702	$1.1M	Add +184.3%
VTI VG Morningstar TS MKT ETF-US	0.15%	3,320	$1.1M	Reduce -0.7%
INFQ Infleqtion Inc.	0.14%	97,427	$956K	New
CRWV Coreweave Inc. Class A	0.13%	11,821	$916K	Add +75.5%
SPOT Spotify Technology SA	0.13%	1,795	$870K	Add +34.8%
GOOG Alphabet Inc. Class C	0.12%	2,921	$838K	Reduce -4.9%
BRK.B Berkshire Hathaway Inc. Class B	0.12%	1,695	$812K	Reduce -89.7%
BLSH Bullish	0.11%	21,907	$783K	Add +41.2%
ASTS Ast Spacemobile Inc.	0.11%	8,884	$736K	New
VRT Vertiv Holdings Co. Class A	0.11%	2,934	$735K	Add +15.6%
VEA Vanguard Ftse Developed ETF	0.09%	9,524	$610K	Add +8.1%
LSCC Lattice Semiconductor Corp.	0.09%	6,510	$604K	Add +1.5%
VOO Vanguard S&P 500 ETF	0.09%	1,006	$601K	Reduce -9.5%
JPST JPMorgan Ultra-Short Income	0.08%	11,000	$557K	No change
PG The Procter & Gamble Co.	0.06%	2,852	$412K	Reduce -10.1%
VB Vanguard Most SM-Cap ETF-Usd	0.06%	1,563	$409K	Add +2.0%
SLAB Silicon Laboratories Inc.	0.06%	1,963	$409K	Reduce -24.7%
MINT PIMCO Enhanced Short Maturit	0.06%	3,975	$400K	Reduce -11.2%
CSCO Cisco Systems Inc.	0.05%	4,703	$365K	No change
NOBL Proshares S&P 500 Dividend A	0.05%	3,387	$359K	Add +12.9%
IVV iShares Core S&P 500 ETF	0.05%	515	$337K	Add +25.0%
SGOL Abrdn Physical Gold Shares	0.05%	7,443	$332K	Reduce -11.8%
BSV Vanguard Short-Term Bond ETF	0.04%	3,855	$302K	No change
XBIL F/M US Treasury 6 Month Bill	0.04%	6,030	$302K	Reduce -10.1%
ICSH iShares Ultra Short Duration	0.04%	5,956	$301K	Reduce -14.4%
GSY Invesco Ultra Short Duration	0.04%	5,400	$271K	Reduce -15.6%
ESGV Vanguard ESG US Stock ETF	0.04%	2,295	$258K	Reduce -41.1%
AMD Advanced Micro Devices	0.04%	1,245	$253K	Reduce -1.0%
PDBC Invesco Optimum Yield Divers	0.04%	14,115	$244K	Reduce -6.6%
F Ford Motor Co. filed as FORD MTR CO	0.02%	12,018	$139K	No change
LPRO Open Lending Corp.	0.01%	55,375	$69K	Add +10.6%

Portfolio Sells Q4 2025 → Q1 2026


BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -73.5%	0.56%	−1.50
BKNG Booking Holdings Inc.	Sold out	0.00%	−1.18
BRK.B Berkshire Hathaway Inc. Class B	Reduce -89.7%	0.12%	−1.05
CF CF Industries Holdings Inc.	Sold out	0.00%	−0.58
SOFI Sofi Technologies Inc.	Reduce -16.1%	0.63%	−0.57
SNOW Snowflake Inc.	Reduce -3.5%	0.82%	−0.38
TBIL F/M US Treasury 3 Month Bill	Reduce -31.4%	0.88%	−0.37
SCHG Schwab US Large-Cap Growth	Reduce -1.9%	2.74%	−0.30
GOOGL Alphabet Inc. Class A	Reduce -8.1%	1.73%	−0.26
PH Parker Hannifin Corp.	Reduce -29.1%	0.74%	−0.25
TSM Taiwan Semiconductor-SP ADR	Reduce -31.0%	0.90%	−0.24
AVGO Broadcom Inc.	Reduce -4.8%	1.38%	−0.20
CRSP Crispr Therapeutics AG	Sold out	0.00%	−0.19
CAT Caterpillar Inc.	Reduce -35.2%	0.85%	−0.18
SHOP Shopify Inc. Class A	Reduce -2.4%	0.47%	−0.16
PLTR Palantir Technologies Inc. Class A	Reduce -1.8%	0.80%	−0.16
JPM JPMorgan Chase & Co.	Reduce -1.4%	1.59%	−0.13
SCHX Schwab US Large-Cap ETF	Reduce -2.0%	2.94%	−0.12
IBIT iShares Bitcoin Trust ETF	Sold out	0.00%	−0.12
CEG Constellation Energy	Reduce -1.5%	0.46%	−0.11
COWG Pacer US LRG Cap Cows GR LD	Sold out	0.00%	−0.11
AAPL Apple Inc.	Reduce -1.3%	1.97%	−0.11
SGOV iShares 0-3 Month Treasury B	Sold out	0.00%	−0.08
UBER Uber Technologies Inc.	Reduce -5.9%	0.37%	−0.06
GS Goldman Sachs Group Inc.	Reduce -7.8%	0.66%	−0.06
LLY Eli Lilly & Co.	Reduce -0.5%	0.43%	−0.06
SOLS Solstice Adv Materials Inc.	Sold out	0.00%	−0.06
RSP Invesco S&P 500 Equal Weight	Sold out	0.00%	−0.05
REGN Regeneron Pharmaceuticals	Reduce -10.5%	0.54%	−0.05
QCOM Qualcomm Inc.	Sold out	0.00%	−0.04
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -2.7%	0.65%	−0.03
FELG Fidelity Enh LRG Cap GWTH	Sold out	0.00%	−0.03
ESGV Vanguard ESG US Stock ETF	Reduce -41.1%	0.04%	−0.03
GOOG Alphabet Inc. Class C	Reduce -4.9%	0.12%	−0.01
VOO Vanguard S&P 500 ETF	Reduce -9.5%	0.09%	−0.01
GSY Invesco Ultra Short Duration	Reduce -15.6%	0.04%	−0.01
ICSH iShares Ultra Short Duration	Reduce -14.4%	0.04%	−0.01
MINT PIMCO Enhanced Short Maturit	Reduce -11.2%	0.06%	−0.01
PG The Procter & Gamble Co.	Reduce -10.1%	0.06%	−0.00
XBIL F/M US Treasury 6 Month Bill	Reduce -10.1%	0.04%	−0.00
VTI VG Morningstar TS MKT ETF-US	Reduce -0.7%	0.15%	−0.00
AMD Advanced Micro Devices	Reduce -1.0%	0.04%	−0.00
SGOL Abrdn Physical Gold Shares	Reduce -11.8%	0.05%	−0.00
PDBC Invesco Optimum Yield Divers	Reduce -6.6%	0.04%	+0.01
SLAB Silicon Laboratories Inc.	Reduce -24.7%	0.06%	+0.01
ECL Ecolab Inc.	Reduce -0.6%	0.46%	+0.02
WSM Williams-Sonoma Inc.	Reduce -2.4%	0.91%	+0.02
AMAT Applied Materials Inc.	Reduce -0.4%	0.20%	+0.05
AMGN Amgen Inc.	Reduce -0.2%	0.80%	+0.07
WMT Walmart Inc.	Reduce -4.0%	1.05%	+0.10

Portfolio Buys Q4 2025 → Q1 2026


IGV iShares Expanded Tech-Softwa	New	1.87%	+1.87
BND Vanguard Total Bond Market	Add +5.7%	12.27%	+0.92
DIS The Walt Disney Co.	New	0.75%	+0.75
EME Emcor Group Inc.	New	0.46%	+0.46
VNQ Vanguard Real Estate ETF	Add +14.3%	3.01%	+0.46
JHX James Hardie Ind PLC	New	0.39%	+0.39
NVDA Nvidia Corp.	Add +30.4%	1.74%	+0.35
IGF iShares Global Infrastructur	Add +0.9%	2.06%	+0.24
HON Honeywell International Inc.	Add +0.6%	1.22%	+0.20
IWM iShares Russell 2000 ETF	New	0.19%	+0.19
BINC iShares Flex I A ETF-Usd Inc.	New	0.19%	+0.19
TBUX T Rowe Price Ultra Short-Ter	New	0.18%	+0.18
FAST Fastenal Co.	Add +0.7%	0.91%	+0.15
JMEE JPM Sma & Mid Cap En Eq Et-U	Add +1.0%	2.03%	+0.15
INFQ Infleqtion Inc.	New	0.14%	+0.14
MU Micron Technology Inc.	Add +169.4%	0.18%	+0.12
BLOK Amplify Blockchain Tech ETF	Add +164.0%	0.21%	+0.12
SDVY First Trust Smid Cap Rising	Add +0.3%	2.07%	+0.12
DELL Dell Technologies -C	Add +184.3%	0.16%	+0.12
ASTS Ast Spacemobile Inc.	New	0.11%	+0.11
QTUM Defiance Quantum ETF	Add +3.9%	2.26%	+0.10
SBUX Starbucks Corp.	Add +5.6%	0.69%	+0.09
PEP Pepsico Inc.	Add +0.9%	0.77%	+0.08
COST Costco Wholesale Corp.	Add +0.6%	0.48%	+0.08
VIGI Vanguard Int Div App Indx FD	Add +2.3%	3.95%	+0.07
STRS Stratus Properties Inc.	Add +15.2%	0.21%	+0.07
ARM Arm Holdings PLC-ADR	Add +14.3%	0.17%	+0.07
CRWV Coreweave Inc. Class A	Add +75.5%	0.13%	+0.06
VRT Vertiv Holdings Co. Class A	Add +15.6%	0.11%	+0.05
KVUE Kenvue Inc.	Add +5.3%	0.62%	+0.05
SCHD Schwab US DVD Equity ETF	Add +1.3%	0.33%	+0.05
RH RH	Add +37.8%	0.38%	+0.04
BLSH Bullish	Add +41.2%	0.11%	+0.03
LSCC Lattice Semiconductor Corp.	Add +1.5%	0.09%	+0.02
SPOT Spotify Technology SA	Add +34.8%	0.13%	+0.02
ROP Roper Technologies Inc.	Add +26.2%	0.38%	+0.01
VEA Vanguard Ftse Developed ETF	Add +8.1%	0.09%	+0.01
IVV iShares Core S&P 500 ETF	Add +25.0%	0.05%	+0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +3.0%	0.18%	+0.01
NOBL Proshares S&P 500 Dividend A	Add +12.9%	0.05%	+0.01
VB Vanguard Most SM-Cap ETF-Usd	Add +2.0%	0.06%	+0.00
HD Home Depot Inc.	Add +2.1%	0.70%	+0.00
MSCI MSCI Inc.	Add +3.8%	0.66%	+0.00
LPRO Open Lending Corp.	Add +10.6%	0.01%	−0.00
VMC Vulcan Materials Co.	Add +1.0%	0.82%	−0.01
MLM Martin Marietta Materials	Add +0.1%	0.50%	−0.01
ABBV Abbvie Inc.	Add +0.2%	0.89%	−0.02
BX Blackstone Inc.	Add +27.8%	1.26%	−0.02
TSLA Tesla Inc.	Add +3.3%	0.19%	−0.03
MA Mastercard Inc. Class A	Add +2.4%	0.45%	−0.04

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