Beacon Capital Management, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Beacon Capital Management, Inc. reported 138 stock positions worth $1.9 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 7.2% of the portfolio, followed by Vanguard Communication Servi (VOX, 6.2%) and Vanguard Info Tech ETF (VGT, 5.9%). Compared with Q3 2025, it opened 7 new positions, sold out of 19, added to 26 and reduced 60. The biggest buy was Vanguard Health Care ETF (VHT, shares +21%) and the biggest sale Vanguard Short-Term Bond ETF (BSV, shares −63%).

Most Recent 13F
Q2 2026
Location
DAYTON, OH
CIK
0001575301
Portfolio Value
$1.9B (Q4 2025)
SEC Filing
0001575301-26-000001 ↗ filed Feb 12, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $2.4B Q1 2024 Q2 2024: $2.3B Q2 2024 Q3 2024: $2.4B Q3 2024 Q4 2024: $2.3B Q4 2024 Q1 2025: $2.0B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $1.9B $1.9B Q4 2025 Q1 2026: $1.8B Q1 2026 Q2 2026: $1.7B Q2 2026

Holdings 138 stocks · $1.9B
QQQ Invesco QQQ Trust Series 1 7.17% 218,257 $134.1M Add +10.7%
VOX Vanguard Communication Servi 6.21% 599,447 $116.1M Reduce -12.1%
VGT Vanguard Info Tech ETF 5.88% 145,740 $109.9M Reduce -12.9%
VHT Vanguard Health Care ETF 5.84% 379,402 $109.2M Add +20.7%
VFH Vanguard Financials ETF 5.66% 792,581 $105.8M Reduce -10.4%
VIS Vanguard Industrials ETF 5.65% 354,194 $105.7M Reduce -11.0%
VCR Vanguard Consumer Discre ETF 5.60% 265,649 $104.6M Reduce -10.7%
VPU Vanguard Utilities ETF 5.58% 563,909 $104.3M Reduce -11.8%
VAW Vanguard Materials ETF 5.48% 493,540 $102.4M Reduce -10.1%
VDE Vanguard Energy ETF 5.37% 797,700 $100.4M Reduce -10.1%
VDC Vanguard Consumer Staple ETF 5.11% 451,731 $95.4M Reduce -9.5%
SPY SS SPDR S&P 500 ETF Trust-US 4.68% 128,269 $87.5M Add +14.1%
VNQ Vanguard Real Estate ETF 3.69% 779,768 $69.0M Reduce -10.8%
BIV Vanguard Intermediate-Term B 3.38% 811,309 $63.2M Reduce -20.0%
BLV Vanguard Long-Term Bond ETF 3.33% 895,767 $62.3M Reduce -20.0%
VTIP Vanguard Short-Term Tips 1.86% 703,402 $34.8M Reduce -18.3%
EDV Vanguard Extended Dur Treas 1.77% 507,674 $33.0M Add +141708.4%
BSV Vanguard Short-Term Bond ETF 1.64% 388,899 $30.6M Reduce -62.5%
BSR Beacon Unified Catalyst ETF 1.53% 975,994 $28.6M No change
NORTHERN LTS FD TR II 1.36% 1,003,237 $25.4M No change
BIL SS SPDR BB 1-3M T-Bill ETF 1.14% 233,503 $21.3M Reduce -0.4%
SPTM SS SPDR P S&P 1500 Comp ETF 1.14% 257,874 $21.3M Reduce -31.0%
SPYM Ste STR SPDR PT S&P 500 ETF 1.13% 264,331 $21.2M Reduce -32.3%
JAAA Janus Henderson Aaa Clo ETF 0.96% 353,004 $17.9M Reduce -30.0%
LDUR PIMCO Enhanced Low Duration 0.91% 178,039 $17.1M Reduce -30.3%
VFLO Victoryshares Free Cash Flow 0.91% 431,054 $17.0M Reduce -34.0%
PYLD PIMCO Multisector Bond Actv 0.81% 564,001 $15.0M Reduce -30.1%
PDBC Invesco Optimum Yield Divers 0.68% 958,797 $12.7M Reduce -19.2%
FLRN SS SPDR BB Ig Float RT ETF 0.65% 396,787 $12.2M Add +141609.6%
ROE Ast US Eq WGT QLTY Kings ETF 0.52% 277,407 $9.8M Reduce -28.1%
GLD SPDR Gold Shares 0.49% 22,970 $9.1M No change
CARY Angel Oak Income ETF 0.41% 367,485 $7.7M Reduce -31.8%
XLK SS Technology Select Sector 0.37% 47,537 $6.8M Reduce -41.9%
CTA Simplify Managed Futures St 0.27% 186,965 $5.1M Reduce -55.0%
TMSL T.rowe PRC Small-Mid Cap ETF 0.25% 129,702 $4.7M Reduce -31.9%
XLF SS Financial Select Sector 0.24% 83,167 $4.6M Reduce -31.1%
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 0.24% 161,710 $4.5M Reduce -32.4%
BILS SS Spdrb B 3-12M T-Bill ETF 0.22% 41,895 $4.2M Reduce -7.3%
SHV iShares 0-1 Year Treasury Bo 0.22% 36,756 $4.0M Reduce -38.4%
SPMO Invesco S&P 500 Momentum ETF 0.19% 29,162 $3.5M Reduce -4.8%
CGMU Cap Group Municipal Income 0.18% 120,000 $3.3M No change
MUNI PIMCO Intermediate Municipal 0.17% 60,000 $3.1M No change
XHLF Bondbloxx BBG 6 MTH US Treas 0.16% 60,703 $3.1M Reduce -64.8%
XLP SS Consumer Staples Sel Sect 0.12% 29,751 $2.3M Reduce -24.6%
SSO Proshares Ultra S&P500 0.11% 36,275 $2.1M Add +187.5%
QLD Proshares Ultra QQQ 0.11% 29,383 $2.1M Add +178.5%
XLE SS Energy Select Sector 0.09% 35,714 $1.6M Reduce -18.7%
NEAR iShares SH Dba ETF Usd Inc. 0.07% 26,969 $1.4M Reduce -37.0%
UTG Reaves Utility Income Fund 0.07% 34,500 $1.3M No change
RLTY Cohen & Steers RL Est Opprt 0.07% 83,500 $1.2M No change
XLB SS Materials Select Sector 0.07% 26,810 $1.2M Reduce -14.6%
UTF Cohen & Steers Infrastructur 0.06% 45,000 $1.1M No change
RQI Cohen & Steers Qual Inc. RLTY 0.06% 93,000 $1.1M No change
SPXU Prosh Ultrapro Short S&P 500 0.03% 11,250 $559K No change
AAPL Apple Inc. 0.02% 1,537 $418K Reduce -10.0%
BA The Boeing Co. 0.01% 1,000 $217K No change
PSP Invesco Global Listed Privat 0.01% 1,681 $113K Reduce -99.3%
IGIB iShares 5-10Y Inv Grade Corp. 0.01% 1,913 $103K Add +304.4%
DBC Invesco DB Commodity Index T 0.00% 2,712 $61K Add +0.9%
SPAB SS SPDR P Agg Bond ETF 0.00% 2,147 $55K Reduce -0.3%
XTEN Bondbloxx BBG 10Y US TSY ETF 0.00% 1,182 $55K Add +302.0%
SPBU Allizim BUF15 Uncpd Aloc ETF 0.00% 1,535 $43K Add +144.4%
XONE Bondbloxx BBG 1 Dur US Treas 0.00% 833 $41K Add +304.4%
PWV Invesco Large Cap Value ETF 0.00% 577 $38K Reduce -0.2%
SRLN SS Blackstone Sr Loan ETF 0.00% 846 $35K Add +65.2%
BKHY BNY Mellon High Yield ETF 0.00% 719 $35K Add +308.5%
GSY Invesco Ultra Short Duration 0.00% 684 $34K Add +302.4%
LONZ PIMCO Senior Loan Active ETF 0.00% 677 $34K Add +307.8%
DTE DTE Energy Company 0.00% 260 $34K No change
PECO Phillips Edison & Company Inc. 0.00% 933 $33K Reduce -69.0%
XSVM Invesco S&P Smallcap Value W 0.00% 547 $31K Reduce -0.4%
DBND Doubleline Oppor Cor BND-Usd 0.00% 630 $29K Reduce -44.9%
BWX SS SPDR BB Intl Treasury BD 0.00% 1,241 $28K Reduce -0.2%
IEFA iShares Core MSCI Eafe ETF 0.00% 307 $27K Reduce -68.3%
SMA Smartstop Self Storage REIT 0.00% 832 $26K New
XMMO Invesco S&P Midcap Momentum 0.00% 178 $25K Reduce -0.6%
XMVM Invesco S&P Midcap Value Wit 0.00% 381 $24K Reduce -0.8%
SPIP SS SPDR P Tips ETF 0.00% 934 $24K Reduce -0.4%
SLV iShares Silver Trust 0.00% 366 $24K Reduce -47.5%
JNK SS SPDR BB High Yield Bond 0.00% 239 $23K Reduce -0.4%
MKC.V McCormick & Co. Inc. VTG Com 0.00% 318 $22K No change
JPIE JPMorgan Income ETF 0.00% 425 $20K Reduce -51.5%
RWR SS SPDR Dow Jones REIT ETF 0.00% 195 $19K Add +0.5%
GVAL Cambria Global Value ETF 0.00% 562 $18K Reduce -49.4%
PWB Invesco Large Cap Growth ETF 0.00% 138 $18K Reduce -0.7%
XSMO Invesco S&P Smallcap Momentu 0.00% 239 $17K Reduce -7.4%
JPST JPMorgan Ultra-Short Income 0.00% 330 $17K New
AFL Aflac Inc. 0.00% 150 $17K No change
RWX State Street SPDR Dow Jones 0.00% 395 $11K Reduce -0.3%
AAAU Goldman Sachs Physical Gold 0.00% 195 $8K Reduce -73.5%
IWM iShares Russell 2000 ETF 0.00% 32 $8K Reduce -68.9%
SCHG Schwab US Large-Cap Growth 0.00% 184 $6K No change
ROM Proshares Ultra Technology 0.00% 61 $6K No change
RXL Proshares Ultra Health Care 0.00% 96 $5K New
UXI Proshares Ultra Industrials 0.00% 101 $5K No change
UPW Proshares Ultra Utilities 0.00% 208 $5K No change
UCC Proshares Ultra Consumer Dis 0.00% 85 $4K No change
UYG Proshares Ultra Financials 0.00% 44 $4K No change
UGE Proshares Ultra Consumer Sta 0.00% 239 $4K No change
CUZ Cousins Properties Inc. 0.00% 150 $4K No change

Show all 138 holdings

Portfolio Sells Q3 2025 → Q4 2025
BSV Vanguard Short-Term Bond ETF Reduce -62.5% 1.64% −2.27
PSP Invesco Global Listed Privat Reduce -99.3% 0.01% −0.74
CMDT PIMCO Commodity Active Strat Sold out 0.00% −0.52
BLV Vanguard Long-Term Bond ETF Reduce -20.0% 3.33% −0.46
BIV Vanguard Intermediate-Term B Reduce -20.0% 3.38% −0.40
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -32.3% 1.13% −0.33
SPTM SS SPDR P S&P 1500 Comp ETF Reduce -31.0% 1.14% −0.30
CTA Simplify Managed Futures St Reduce -55.0% 0.27% −0.28
JAAA Janus Henderson Aaa Clo ETF Reduce -30.0% 0.96% −0.27
VFLO Victoryshares Free Cash Flow Reduce -34.0% 0.91% −0.26
LDUR PIMCO Enhanced Low Duration Reduce -30.3% 0.91% −0.26
XHLF Bondbloxx BBG 6 MTH US Treas Reduce -64.8% 0.16% −0.25
PYLD PIMCO Multisector Bond Actv Reduce -30.1% 0.81% −0.23
VTIP Vanguard Short-Term Tips Reduce -18.3% 1.86% −0.22
VPU Vanguard Utilities ETF Reduce -11.8% 5.58% −0.20
XLK SS Technology Select Sector Reduce -41.9% 0.37% −0.18
CARY Angel Oak Income ETF Reduce -31.8% 0.41% −0.13
VNQ Vanguard Real Estate ETF Reduce -10.8% 3.69% −0.12
ROE Ast US Eq WGT QLTY Kings ETF Reduce -28.1% 0.52% −0.11
SHV iShares 0-1 Year Treasury Bo Reduce -38.4% 0.22% −0.10
VGT Vanguard Info Tech ETF Reduce -12.9% 5.88% −0.09
PDBC Invesco Optimum Yield Divers Reduce -19.2% 0.68% −0.08
TMSL T.rowe PRC Small-Mid Cap ETF Reduce -31.9% 0.25% −0.07
DBMF Imgp Dbi MFT STR ETF-Usd Inc. Reduce -32.4% 0.24% −0.07
XLF SS Financial Select Sector Reduce -31.1% 0.24% −0.07
NEAR iShares SH Dba ETF Usd Inc. Reduce -37.0% 0.07% −0.03
VCR Vanguard Consumer Discre ETF Reduce -10.7% 5.60% −0.03
XLP SS Consumer Staples Sel Sect Reduce -24.6% 0.12% −0.02
CTAS Cintas Corp. Sold out 0.00% −0.01
XLE SS Energy Select Sector Reduce -18.7% 0.09% −0.01
PECO Phillips Edison & Company Inc. Reduce -69.0% 0.00% −0.00
RWL Invesco S&P 500 Revenue ETF Sold out 0.00% −0.00
IEFA iShares Core MSCI Eafe ETF Reduce -68.3% 0.00% −0.00
SPTS SS SPDR P St Term TSY ETF Sold out 0.00% −0.00
XLB SS Materials Select Sector Reduce -14.6% 0.07% −0.00
NSEP Innovator G100 PB ETF-Sep Sold out 0.00% −0.00
QQQM Invesco Nasdaq 100 ETF Sold out 0.00% −0.00
DBND Doubleline Oppor Cor BND-Usd Reduce -44.9% 0.00% −0.00
FSK FS KKR Capital Corp. Sold out 0.00% −0.00
AAAU Goldman Sachs Physical Gold Reduce -73.5% 0.00% −0.00
SPHQ Invesco S&P 500 Quality ETF Sold out 0.00% −0.00
JPIE JPMorgan Income ETF Reduce -51.5% 0.00% −0.00
IWM iShares Russell 2000 ETF Reduce -68.9% 0.00% −0.00
EWX State Street SPDR S&P Emergi Sold out 0.00% −0.00
ABBV Abbvie Inc. Sold out 0.00% −0.00
WPC WP Carey Inc. Sold out 0.00% −0.00
GVAL Cambria Global Value ETF Reduce -49.4% 0.00% −0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Sold out 0.00% −0.00
BITB Bitwise Bitcoin ETF Reduce -68.8% 0.00% −0.00
EXCHANGE TRADED CONCEPTS TRU Sold out 0.00% −0.00

Portfolio Buys Q3 2025 → Q4 2025
VHT Vanguard Health Care ETF Add +20.7% 5.84% +1.95
EDV Vanguard Extended Dur Treas Add +141708.4% 1.77% +1.76
QQQ Invesco QQQ Trust Series 1 Add +10.7% 7.17% +1.52
SPY SS SPDR S&P 500 ETF Trust-US Add +14.1% 4.68% +1.10
FLRN SS SPDR BB Ig Float RT ETF Add +141609.6% 0.65% +0.65
SSO Proshares Ultra S&P500 Add +187.5% 0.11% +0.08
QLD Proshares Ultra QQQ Add +178.5% 0.11% +0.08
IGIB iShares 5-10Y Inv Grade Corp. Add +304.4% 0.01% +0.00
XTEN Bondbloxx BBG 10Y US TSY ETF Add +302.0% 0.00% +0.00
XONE Bondbloxx BBG 1 Dur US Treas Add +304.4% 0.00% +0.00
SPBU Allizim BUF15 Uncpd Aloc ETF Add +144.4% 0.00% +0.00
BKHY BNY Mellon High Yield ETF Add +308.5% 0.00% +0.00
GSY Invesco Ultra Short Duration Add +302.4% 0.00% +0.00
LONZ PIMCO Senior Loan Active ETF Add +307.8% 0.00% +0.00
SMA Smartstop Self Storage REIT New 0.00% +0.00
JPST JPMorgan Ultra-Short Income New 0.00% +0.00
SRLN SS Blackstone Sr Loan ETF Add +65.2% 0.00% +0.00
DBC Invesco DB Commodity Index T Add +0.9% 0.00% +0.00
RXL Proshares Ultra Health Care New 0.00% +0.00
FSSL FS Specialty Lending Fund New 0.00% +0.00
BITQ Bitwise Crypto Indu Inno ETF New 0.00% +0.00
COPX Global X Copper Miners ETF New 0.00% +0.00
RWR SS SPDR Dow Jones REIT ETF Add +0.5% 0.00% +0.00
XME SS SPDR S&P Metals Mining New 0.00% +0.00
GOOGL Alphabet Inc. Class A Add +0.0% 0.00% 0.00
BRK.B Berkshire Hathaway Inc. Class B Add +0.0% 0.00% 0.00
TDSC Exchange Listed Funds Trust Add +0.0% 0.00% 0.00
KNG FT Vest S&P 500 DVD Arst TRG Add +0.0% 0.00% 0.00
RSP Invesco S&P 500 Equal Weight Add +0.0% 0.00% 0.00
JEPQ JPM Nasdaq Equity Premium Add +0.0% 0.00% 0.00
MDXG Mimedx Group Inc. Add +0.0% 0.00% 0.00
WAL Western Alliance Bancorp Add +0.0% 0.00% 0.00
G Genpact Ltd. Add +0.0% 0.00% 0.00

Notes & Other Activity Q3 2025 → Q4 2025
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 Sold out 45,000 $4Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 119$1.7BQQQ, VGT, VIS, SPY, VHT
Q1 2026Amended 125$1.8BVDE, VPU, VAW, VIS, VHT
Q4 2025 138$1.9BQQQ, VOX, VGT, VHT, VFH
Q3 2025 141$2.1BVOX, VGT, VPU, QQQ, VIS
Q2 2025 125$1.9BBSV, VPU, VOX, VFH, VGT
Q1 2025 35$2.0BBSV, BIV, BLV, QQQ, VTIP
Q4 2024 28$2.3BBIL, VCR, VOX, VFH, VGT
Q3 2024 29$2.4BBIL, VPU, VOX, VIS, VFH
Q2 2024 26$2.3BBIL, VGT, VOX, VPU, VDE
Q1 2024 26$2.4BBIL, VDE, VIS, VAW, VOX