B & T Capital Management DBA Alpha Capital Management

Name: B & T Capital Management DBA Alpha Capital Management 13F holdings, Q2 2026
Creator: B & T Capital Management DBA Alpha Capital Management
Published: 2026-08-07

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

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
AMD Advanced Micro Devices	0.07%	977	$568K	Reduce -21.5%
JPST JPMorgan Ultra-Short Income	0.07%	10,900	$551K	Reduce -0.9%
CSCO Cisco Systems Inc.	0.07%	4,543	$534K	Reduce -3.4%
VB Vanguard Most SM-Cap ETF-Usd	0.06%	1,634	$495K	Add +4.5%
IVV iShares Core S&P 500 ETF	0.06%	570	$427K	Add +10.7%
PG The Procter & Gamble Co.	0.05%	2,852	$418K	No change
SLAB Silicon Laboratories Inc.	0.05%	1,908	$417K	Reduce -2.8%
NBIS Nebius Group NV	0.05%	1,419	$392K	New
NOBL Proshares S&P 500 Dividend A	0.05%	6,400	$359K	Reduce -5.5%
VTV Vanguard Mrngstr Val ETF-Aui	0.05%	1,580	$344K	New
COHR Coherent Corp.	0.04%	864	$341K	New
GLW Corning Inc.	0.04%	1,318	$337K	New
ESGV Vanguard ESG US Stock ETF	0.04%	2,490	$329K	Add +8.5%
INTC Intel Corp.	0.04%	2,276	$318K	New
XBIL F/M US Treasury 6 Month Bill	0.04%	6,015	$301K	Reduce -0.3%
SGOL Abrdn Physical Gold Shares	0.04%	7,443	$285K	No change
QCOM Qualcomm Inc.	0.04%	1,500	$277K	New
VXF Vanguard Extended Market ETF	0.04%	1,104	$272K	New
JFLX JPMorgan Flexible Debt ETF	0.03%	5,005	$252K	New
MINT PIMCO Enhanced Short Maturit	0.03%	2,450	$247K	Reduce -38.4%
BSV Vanguard Short-Term Bond ETF	0.03%	3,000	$234K	Reduce -22.2%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.03%	956	$232K	New
SCHV Schwab US Large-Cap Value	0.03%	6,472	$225K	New
FELG Fidelity Enh LRG Cap GWTH	0.03%	5,004	$219K	New
TXN Texas Instruments Inc.	0.03%	710	$212K	New
LPRO Open Lending Corp.	0.02%	55,375	$172K	No change
F Ford Motor Co. filed as FORD MTR CO	0.02%	12,118	$168K	Add +0.8%
PDBC Invesco Optimum Yield Divers	0.02%	10,115	$161K	Reduce -28.3%

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