Bannerstone Capital Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 31, 2026), Bannerstone Capital Management, LLC reported 112 stock positions worth $118.9 million. Its top holding was Nvidia (NVDA) at 5.0% of the portfolio, followed by Apple (AAPL, 4.8%) and Lam Research (LRCX, 4.0%). Compared with Q1 2026, it opened 29 new positions, sold out of 14, added to 26 and reduced 50. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale Celestica (CLS, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- WAYZATA, MN
- CIK
- 0002083499
- Portfolio Value
- $118.9M (Q2 2026)
- SEC Filing
- 0002085853-26-000920 ↗ filed Jul 31, 2026
Holdings Value
Holdings 112 stocks · $118.9M
| NVDA Nvidia Corp. | 5.03% | 29,877 | $6.0M | Reduce -1.9% |
| AAPL Apple Inc. | 4.81% | 19,775 | $5.7M | Reduce -1.1% |
| LRCX Lam Research Corp. | 4.04% | 11,087 | $4.8M | Reduce -5.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.85% | 9,155 | $4.6M | Reduce -4.9% |
| GS Goldman Sachs Group Inc. | 3.57% | 4,201 | $4.2M | Add +0.4% |
| PLTR Palantir Technologies Inc. Class A | 3.00% | 30,554 | $3.6M | Reduce -16.2% |
| JPM JPMorgan Chase & Co. | 2.68% | 9,720 | $3.2M | Reduce -0.0% |
| FDS Factset Research Systems Inc. | 2.66% | 13,729 | $3.2M | No change |
| VRT Vertiv Holdings Co. Class A | 2.44% | 8,652 | $2.9M | New |
| PWR Quanta Services Inc. | 2.43% | 4,006 | $2.9M | Reduce -8.2% |
| MSFT Microsoft Corp. | 2.28% | 7,266 | $2.7M | Add +0.6% |
| AMD Advanced Micro Devices | 2.05% | 4,204 | $2.4M | Reduce -27.0% |
| FIX Comfort Systems USA Inc. | 1.89% | 1,133 | $2.2M | Reduce -7.5% |
| LLY Eli Lilly & Co. | 1.85% | 1,836 | $2.2M | Reduce -2.5% |
| ETN Eaton Corp. PLC | 1.72% | 4,812 | $2.1M | Add +1.1% |
| BE Bloom Energy Corp. Class A | 1.70% | 6,675 | $2.0M | Reduce -17.4% |
| STT State Street Corp. | 1.65% | 11,554 | $2.0M | Add +516.9% |
| AGX Argan Inc. | 1.57% | 2,331 | $1.9M | Reduce -10.1% |
| PANW Palo Alto Networks Inc. | 1.52% | 5,314 | $1.8M | Reduce -3.1% |
| DB Deutsche Bank AG-Registered | 1.46% | 51,482 | $1.7M | Reduce -0.1% |
| APLD Applied Digital Corp. | 1.41% | 44,960 | $1.7M | Reduce -13.0% |
| AMZN Amazon.com Inc. | 1.40% | 6,973 | $1.7M | Add +2.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.36% | 2,167 | $1.6M | Reduce -45.8% |
| NBIS Nebius Group NV | 1.36% | 5,838 | $1.6M | New |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.34% | 22,612 | $1.6M | Add +0.6% |
| CW Curtiss-Wright Corp. | 1.19% | 1,861 | $1.4M | Reduce -13.0% |
| CLS Celestica Inc. | 1.13% | 3,674 | $1.3M | Reduce -12.7% |
| AXP American Express Co. | 1.10% | 3,883 | $1.3M | Add +1.5% |
| AAOI Applied Optoelectronics Inc. | 1.10% | 8,807 | $1.3M | Reduce -12.8% |
| MA Mastercard Inc. Class A | 1.08% | 2,493 | $1.3M | Reduce -1.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.00% | 14,797 | $1.2M | Add +0.4% |
| FTAI Ftai Aviation Ltd. | 0.98% | 4,289 | $1.2M | Reduce -12.9% |
| GE General Electric filed as GE AEROSPACE | 0.92% | 2,927 | $1.1M | Reduce -0.4% |
| KLAC KLA Corp. | 0.88% | 3,475 | $1.0M | Reduce -0.1% |
| AMG Affiliated Managers Group | 0.86% | 3,027 | $1.0M | New |
| GLW Corning Inc. | 0.85% | 3,933 | $1.0M | New |
| VSAT Viasat Inc. | 0.84% | 11,092 | $996K | New |
| TER Teradyne Inc. | 0.82% | 2,023 | $979K | Reduce -0.4% |
| SNPS Synopsys Inc. | 0.75% | 2,003 | $893K | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.74% | 2,336 | $883K | Reduce -0.9% |
| GEV GE Vernova Inc. | 0.74% | 749 | $880K | No change |
| CB Chubb Ltd. | 0.72% | 2,508 | $855K | Add +20.0% |
| GOOGL Alphabet Inc. Class A | 0.70% | 2,318 | $828K | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.69% | 1,107 | $815K | Reduce -51.7% |
| COST Costco Wholesale Corp. | 0.66% | 843 | $789K | No change |
| VLO Valero Energy Corp. | 0.65% | 2,958 | $770K | Reduce -1.6% |
| PLXS Plexus Corp. | 0.65% | 2,556 | $769K | New |
| GOOG Alphabet Inc. Class C | 0.64% | 2,146 | $758K | Reduce -0.4% |
| DELL Dell Technologies -C | 0.62% | 1,711 | $738K | New |
| IBKR Interactive Brokers Gro Class A | 0.59% | 8,119 | $707K | Add +0.0% |
| GHC Graham Holdings Co. Class B | 0.59% | 618 | $705K | Add +26.4% |
| JNJ Johnson & Johnson | 0.59% | 2,767 | $703K | Add +3.7% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.59% | 350 | $696K | Add +0.6% |
| CAT Caterpillar Inc. | 0.54% | 605 | $644K | Add +101.7% |
| CAH Cardinal Health Inc. | 0.53% | 2,654 | $630K | Add +8.2% |
| FPS Forgent Power Solutions Class A | 0.52% | 11,094 | $620K | New |
| JXN Jackson Financial Inc. Class A | 0.52% | 6,026 | $617K | Add +0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.50% | 1,130 | $590K | Reduce -59.2% |
| RKLB Rocket Lab Corp. | 0.47% | 5,515 | $561K | Reduce -0.2% |
| UPS United Parcel Service Class B | 0.46% | 5,132 | $552K | Reduce -1.9% |
| HD Home Depot Inc. | 0.44% | 1,490 | $525K | Reduce -1.6% |
| UNH Unitedhealth Group Inc. | 0.44% | 1,257 | $522K | Reduce -4.3% |
| TGT Target Corp. | 0.43% | 3,942 | $515K | Add +2.4% |
| ABBV Abbvie Inc. | 0.43% | 2,046 | $515K | Reduce -0.5% |
| ATI Ati Inc. | 0.42% | 2,550 | $503K | New |
| HLT Hilton Worldwide Holdings Inc. | 0.42% | 1,518 | $502K | Reduce -0.1% |
| FLEX Flex Ltd. | 0.42% | 3,094 | $501K | New |
| R Ryder System Inc. | 0.42% | 1,875 | $494K | Reduce -1.6% |
| NTAP Netapp Inc. | 0.41% | 3,130 | $484K | New |
| MS Morgan Stanley | 0.39% | 2,219 | $464K | New |
| ROK Rockwell Automation Inc. | 0.37% | 884 | $438K | New |
| DFAU Dimensional US Core Equity M | 0.36% | 8,198 | $424K | Add +8.6% |
| TXN Texas Instruments Inc. | 0.36% | 1,420 | $423K | New |
| RTX RTX Corp. | 0.35% | 2,211 | $420K | Add +1.4% |
| DE Deere & Co. | 0.34% | 636 | $403K | Reduce -48.2% |
| FAST Fastenal Co. | 0.32% | 7,980 | $383K | Add +0.5% |
| VST Vistra Corp. | 0.31% | 2,323 | $368K | Reduce -2.9% |
| MU Micron Technology Inc. | 0.31% | 316 | $365K | New |
| PEP Pepsico Inc. | 0.30% | 2,636 | $357K | Reduce -5.1% |
| EBAY eBay Inc. | 0.30% | 3,181 | $356K | Add +0.6% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.30% | 7,728 | $353K | New |
| EOG EOG Resources Inc. | 0.30% | 2,715 | $352K | Reduce -1.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 1,160 | $352K | Add +0.4% |
| DFAT Dimensional US Target Value | 0.29% | 5,016 | $351K | Reduce -4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 1,238 | $348K | Add +9.7% |
| STX Seagate Technology Holdings | 0.28% | 348 | $336K | New |
| LHX L3HARRIS Technologies Inc. | 0.27% | 1,107 | $322K | Reduce -5.3% |
| TTC Toro Co. | 0.26% | 3,200 | $312K | No change |
| GLD SPDR Gold Shares | 0.26% | 842 | $310K | Reduce -2.3% |
| CSCO Cisco Systems Inc. | 0.24% | 2,464 | $289K | New |
| CHRW C.H. Robinson Worldwide Inc. | 0.24% | 1,514 | $285K | Reduce -10.6% |
| SNDK Sandisk Corp. | 0.24% | 125 | $284K | New |
| MMM 3M Co. | 0.24% | 1,741 | $282K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 741 | $274K | Add +0.3% |
| DFAI Dimensional International Co. | 0.23% | 6,594 | $272K | Add +17.1% |
| SBUX Starbucks Corp. | 0.22% | 2,596 | $265K | No change |
| VCTR Victory Capital Holding - A | 0.22% | 3,063 | $257K | New |
| SLV iShares Silver Trust | 0.21% | 4,715 | $252K | Reduce -1.7% |
| AMAT Applied Materials Inc. | 0.21% | 348 | $252K | New |
| IVV iShares Core S&P 500 ETF | 0.21% | 332 | $249K | Reduce -5.1% |
Options reported separately and not counted above: KHC calls ($236K).
Portfolio Sells Q1 2026 → Q2 2026
| CLS Celestica Inc. | Reduce -12.7% | 1.13% | −9.27 |
| PLTR Palantir Technologies Inc. Class A | Reduce -16.2% | 3.00% | −1.99 |
| KTOS Kratos Defense & Security | Sold out | 0.00% | −1.13 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −1.13 |
| FSLY Fastly Inc. Class A | Sold out | 0.00% | −1.05 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.94 |
| TECL Dire Dai Tec Bull 3X ETF-Usd | Sold out | 0.00% | −0.82 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -59.2% | 0.50% | −0.70 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -45.8% | 1.36% | −0.67 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.64 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.62 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -51.7% | 0.69% | −0.54 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.52 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.9% | 3.85% | −0.43 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.40 |
| TKO Tko Group Holdings Inc. | Sold out | 0.00% | −0.38 |
| DE Deere & Co. | Reduce -48.2% | 0.34% | −0.30 |
| NFLX Netflix Inc. | Sold out | 0.00% | −0.25 |
| UI Ubiquiti Inc. | Sold out | 0.00% | −0.24 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.21 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.19 |
| CW Curtiss-Wright Corp. | Reduce -13.0% | 1.19% | −0.17 |
| FTAI Ftai Aviation Ltd. | Reduce -12.9% | 0.98% | −0.14 |
| LHX L3HARRIS Technologies Inc. | Reduce -5.3% | 0.27% | −0.10 |
| PEP Pepsico Inc. | Reduce -5.1% | 0.30% | −0.10 |
| MA Mastercard Inc. Class A | Reduce -1.1% | 1.08% | −0.09 |
| SLV iShares Silver Trust | Reduce -1.7% | 0.21% | −0.09 |
| GLD SPDR Gold Shares | Reduce -2.3% | 0.26% | −0.08 |
| EOG EOG Resources Inc. | Reduce -1.9% | 0.30% | −0.08 |
| VLO Valero Energy Corp. | Reduce -1.6% | 0.65% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -0.7% | 0.20% | −0.03 |
| VST Vistra Corp. | Reduce -2.9% | 0.31% | −0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -10.6% | 0.24% | −0.02 |
| HD Home Depot Inc. | Reduce -1.6% | 0.44% | −0.02 |
| UPS United Parcel Service Class B | Reduce -1.9% | 0.46% | −0.01 |
| DFAT Dimensional US Target Value | Reduce -4.5% | 0.29% | −0.01 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -0.1% | 0.42% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -5.1% | 0.21% | −0.00 |
| TSLA Tesla Inc. | Reduce -0.9% | 0.20% | +0.00 |
| SNPS Synopsys Inc. | Reduce -0.1% | 0.75% | +0.01 |
| ABBV Abbvie Inc. | Reduce -0.5% | 0.43% | +0.02 |
| JPM JPMorgan Chase & Co. | Reduce -0.0% | 2.68% | +0.02 |
| DB Deutsche Bank AG-Registered | Reduce -0.1% | 1.46% | +0.04 |
| R Ryder System Inc. | Reduce -1.6% | 0.42% | +0.05 |
| GOOG Alphabet Inc. Class C | Reduce -0.4% | 0.64% | +0.06 |
| AVGO Broadcom Inc. | Reduce -0.9% | 0.74% | +0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -0.1% | 0.70% | +0.08 |
| NVDA Nvidia Corp. | Reduce -1.9% | 5.03% | +0.09 |
| AAPL Apple Inc. | Reduce -1.1% | 4.81% | +0.10 |
| UNH Unitedhealth Group Inc. | Reduce -4.3% | 0.44% | +0.11 |
Portfolio Buys Q1 2026 → Q2 2026
| VRT Vertiv Holdings Co. Class A | New | 2.44% | +2.44 |
| STT State Street Corp. | Add +516.9% | 1.65% | +1.43 |
| NBIS Nebius Group NV | New | 1.36% | +1.36 |
| AMG Affiliated Managers Group | New | 0.86% | +0.86 |
| GLW Corning Inc. | New | 0.85% | +0.85 |
| VSAT Viasat Inc. | New | 0.84% | +0.84 |
| PLXS Plexus Corp. | New | 0.65% | +0.65 |
| DELL Dell Technologies -C | New | 0.62% | +0.62 |
| FPS Forgent Power Solutions Class A | New | 0.52% | +0.52 |
| ATI Ati Inc. | New | 0.42% | +0.42 |
| FLEX Flex Ltd. | New | 0.42% | +0.42 |
| NTAP Netapp Inc. | New | 0.41% | +0.41 |
| MS Morgan Stanley | New | 0.39% | +0.39 |
| ROK Rockwell Automation Inc. | New | 0.37% | +0.37 |
| TXN Texas Instruments Inc. | New | 0.36% | +0.36 |
| CAT Caterpillar Inc. | Add +101.7% | 0.54% | +0.34 |
| MU Micron Technology Inc. | New | 0.31% | +0.31 |
| IREN Iren Ltd. | New | 0.30% | +0.30 |
| GS Goldman Sachs Group Inc. | Add +0.4% | 3.57% | +0.29 |
| STX Seagate Technology Holdings | New | 0.28% | +0.28 |
| CSCO Cisco Systems Inc. | New | 0.24% | +0.24 |
| SNDK Sandisk Corp. | New | 0.24% | +0.24 |
| VCTR Victory Capital Holding - A | New | 0.22% | +0.22 |
| AMAT Applied Materials Inc. | New | 0.21% | +0.21 |
| SPG Simon Property Group Inc. | New | 0.19% | +0.19 |
| CASY Casey's General Stores Inc. | New | 0.19% | +0.19 |
| WDC Western Digital Corp. | New | 0.19% | +0.19 |
| FPX First Trust US Equity Opport | New | 0.18% | +0.18 |
| V Visa Inc. Class A | New | 0.18% | +0.18 |
| ITRN Ituran Location and Control | New | 0.18% | +0.18 |
| AMGN Amgen Inc. | New | 0.17% | +0.17 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.6% | 0.59% | +0.16 |
| ETN Eaton Corp. PLC | Add +1.1% | 1.72% | +0.14 |
| GHC Graham Holdings Co. Class B | Add +26.4% | 0.59% | +0.11 |
| IBKR Interactive Brokers Gro Class A | Add +0.0% | 0.59% | +0.09 |
| CB Chubb Ltd. | Add +20.0% | 0.72% | +0.09 |
| AMZN Amazon.com Inc. | Add +2.5% | 1.40% | +0.08 |
| WM Waste Management Inc. | New | 0.06% | +0.06 |
| CAH Cardinal Health Inc. | Add +8.2% | 0.53% | +0.05 |
| DFAU Dimensional US Core Equity M | Add +8.6% | 0.36% | +0.04 |
| IBM Intl Business Machines Corp. | Add +9.7% | 0.29% | +0.04 |
| EBAY eBay Inc. | Add +0.6% | 0.30% | +0.03 |
| AXP American Express Co. | Add +1.5% | 1.10% | +0.03 |
| DFAI Dimensional International Co. | Add +17.1% | 0.23% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +0.4% | 1.00% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.4% | 0.30% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.3% | 0.23% | +0.01 |
| TGT Target Corp. | Add +2.4% | 0.43% | −0.00 |
| DGRO iShares Core Dividend Growth | Add +0.7% | 0.20% | −0.00 |
| JNJ Johnson & Johnson | Add +3.7% | 0.59% | −0.02 |
Options Activity Q1 2026 → Q2 2026
| KHC The Kraft Heinz Co. | call | New | 10,000 | $236K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.