Boyd Watterson Asset Management LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 7, 2026), Boyd Watterson Asset Management LLC reported 388 stock positions worth $370.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 7.1% of the portfolio, followed by Alphabet Class A (GOOGL, 5.4%) and Microsoft (MSFT, 5.0%). Compared with Q1 2026, it opened 9 new positions, sold out of 6, added to 41 and reduced 67. The biggest buy was Advanced Micro Devices (AMD, shares +0%) and the biggest sale Exxon Mobil (XOM, shares −1%).

Most Recent 13F
Q2 2026
Location
CLEVELAND, OH
CIK
0001121477
Portfolio Value
$370.6M (Q2 2026)
SEC Filing
0001121477-26-000005 ↗ filed Aug 7, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $274.9M Q1 2024 Q2 2024: $346.3M Q2 2024 Q3 2024: $361.0M Q3 2024 Q4 2024: $356.1M Q4 2024 Q1 2025: $309.3M Q1 2025 Q2 2025: $314.8M Q2 2025 Q3 2025: $334.8M Q3 2025 Q4 2025: $345.6M Q4 2025 Q1 2026: $324.9M Q1 2026 Q2 2026: $370.6M $370.6M Q2 2026

Holdings 388 stocks · $370.6M
SPY SS SPDR S&P 500 ETF Trust-US 7.10% 35,240 $26.3M Reduce -2.1%
GOOGL Alphabet Inc. Class A 5.37% 55,659 $19.9M Reduce -0.5%
MSFT Microsoft Corp. 4.99% 49,544 $18.5M Add +0.5%
AVGO Broadcom Inc. 4.59% 44,995 $17.0M Reduce -0.6%
JPM JPMorgan Chase & Co. 3.21% 36,309 $11.9M Reduce -1.9%
LLY Eli Lilly & Co. 3.04% 9,380 $11.3M Reduce -1.6%
CAT Caterpillar Inc. 2.95% 10,281 $10.9M Reduce -0.2%
ETN Eaton Corp. PLC 2.90% 25,202 $10.7M Add +1.3%
MDY State Street SPDR S&P Midcap 2.65% 13,936 $9.8M No change
AXP American Express Co. 2.39% 26,176 $8.9M Reduce -0.2%
AMZN Amazon.com Inc. 2.29% 35,608 $8.5M Add +2.8%
AAPL Apple Inc. 1.99% 25,491 $7.4M Reduce -0.1%
CRWD CrowdStrike Holdings Inc. Class A 1.81% 8,807 $6.7M Add +0.3%
XOM Exxon Mobil Corp. 1.70% 46,198 $6.3M Reduce -0.8%
C Citigroup Inc. 1.68% 44,384 $6.2M Add +4.7%
AMD Advanced Micro Devices 1.66% 10,570 $6.1M Add +0.1%
ABBV Abbvie Inc. 1.60% 23,588 $5.9M Reduce -0.1%
GOOG Alphabet Inc. Class C 1.56% 16,380 $5.8M No change
JNJ Johnson & Johnson 1.48% 21,610 $5.5M Add +0.8%
VOO Vanguard S&P 500 ETF 1.47% 7,945 $5.5M No change
V Visa Inc. Class A 1.41% 15,177 $5.2M Add +0.7%
PH Parker Hannifin Corp. 1.37% 5,197 $5.1M No change
EEM iShares MSCI Emerging Market 1.30% 70,575 $4.8M Reduce -2.8%
NVDA Nvidia Corp. 1.30% 24,000 $4.8M Reduce -0.7%
MRK Merck & Co. Inc. 1.23% 35,559 $4.6M No change
IOO iShares Global 100 ETF 1.17% 31,630 $4.3M Reduce -8.8%
HON Honeywell International Inc. 1.13% 18,679 $4.2M Add +1.8%
HONA Honeywell Aerospace Inc. 1.11% 18,679 $4.1M Add +1.8%
QCOM Qualcomm Inc. 1.03% 20,712 $3.8M Add +25.4%
GS Goldman Sachs Group Inc. 1.03% 3,770 $3.8M Reduce -5.0%
IJR iShares Core S&P Small-Cap E 0.95% 23,850 $3.5M No change
LIN Linde PLC 0.87% 6,235 $3.2M Add +1.2%
SHOP Shopify Inc. Class A 0.86% 27,753 $3.2M Reduce -0.3%
PEP Pepsico Inc. 0.84% 23,075 $3.1M Add +2.4%
EXPE Expedia Group Inc. 0.79% 11,444 $2.9M No change
CVX Chevron Corp. 0.78% 17,349 $2.9M Reduce -1.0%
TXN Texas Instruments Inc. 0.77% 9,600 $2.9M Add +1.4%
EFA iShares MSCI Eafe ETF 0.70% 25,045 $2.6M No change
EMR Emerson Electric Co. 0.70% 18,097 $2.6M Reduce -0.0%
ZBRA Zebra Technologies Corp. Class A 0.69% 9,709 $2.6M Add +13.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.68% 8,980 $2.5M Add +21.5%
BMY Bristol-Myers Squibb Co. 0.66% 42,665 $2.5M No change
SCHD Schwab US DVD Equity ETF 0.62% 72,963 $2.3M No change
ORLY O'reilly Automotive Inc. 0.52% 21,093 $1.9M Reduce -0.2%
TMO Thermo Fisher Scientific Inc. 0.51% 3,790 $1.9M No change
USHY iShares Broad Usd High Yield 0.51% 51,012 $1.9M Add +338.7%
PSX Phillips 66 0.51% 11,152 $1.9M Reduce -0.8%
KO The Coca-Cola Co. 0.48% 21,856 $1.8M No change
ABT Abbott Laboratories 0.47% 19,114 $1.7M No change
UNH Unitedhealth Group Inc. 0.46% 4,112 $1.7M Add +18.6%
CMI Cummins Inc. 0.44% 2,305 $1.6M Reduce -1.8%
TT Trane Technologies PLC 0.42% 3,160 $1.6M Reduce -0.5%
PPG PPG Industries Inc. 0.41% 12,628 $1.5M Add +22.3%
HD Home Depot Inc. 0.41% 4,331 $1.5M Reduce -0.3%
PG The Procter & Gamble Co. 0.40% 10,108 $1.5M Reduce -53.8%
NEE Nextera Energy Inc. 0.40% 16,752 $1.5M No change
BDX Becton Dickinson and Co. 0.39% 9,519 $1.4M Add +1.6%
BKNG Booking Holdings Inc. 0.38% 7,950 $1.4M No change
KMB Kimberly-Clark Corp. 0.38% 12,899 $1.4M Add +0.9%
SCHW Schwab (charles) Corp. 0.37% 15,028 $1.4M No change
MBB iShares MBS ETF 0.36% 14,110 $1.3M Add +21.5%
MAS Masco Corp. 0.36% 16,196 $1.3M Add +7.7%
TGT Target Corp. 0.36% 10,088 $1.3M Add +3.7%
DE Deere & Co. 0.34% 2,000 $1.3M New
WAT Waters Corp. 0.32% 3,181 $1.2M Add +34.2%
TRV The Travelers Cos Inc. 0.32% 3,538 $1.2M No change
CRM Salesforce Inc. 0.31% 7,274 $1.1M Reduce -40.2%
TSLA Tesla Inc. 0.31% 2,695 $1.1M Add +22.8%
DELL Dell Technologies -C 0.30% 2,585 $1.1M Reduce -11.3%
CI The Cigna Group 0.30% 4,003 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.29% 2,125 $1.1M No change
WMT Walmart Inc. 0.28% 9,251 $1.0M Reduce -1.6%
CSCO Cisco Systems Inc. 0.28% 8,834 $1.0M Reduce -0.9%
COST Costco Wholesale Corp. 0.28% 1,100 $1.0M New
GEV GE Vernova Inc. 0.27% 863 $1.0M Reduce -3.9%
IEF iShares 7-10 Year Treasury B 0.25% 9,882 $935K Add +6.2%
NFLX Netflix Inc. 0.25% 13,020 $930K Add +0.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.25% 10,614 $914K No change
BA The Boeing Co. 0.24% 4,152 $899K No change
RTX RTX Corp. 0.23% 4,410 $837K Reduce -2.3%
DNP DNP Select Income Fund Inc. 0.22% 74,666 $806K Add +0.3%
SYF Synchrony Financial 0.21% 10,400 $791K No change
META Meta Platforms Inc. Class A 0.21% 1,353 $762K No change
PFF iShares Preferred & Income S 0.20% 24,846 $758K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.20% 5,000 $758K No change
IJH iShares Core S&P Midcap ETF 0.20% 9,797 $755K No change
APD Air Products & Chemicals Inc. 0.20% 2,542 $745K Reduce -0.7%
USB US Bancorp 0.20% 12,085 $730K No change
CARR Carrier Global Corp. 0.19% 9,764 $716K Reduce -1.5%
REGN Regeneron Pharmaceuticals 0.18% 1,078 $672K Reduce -0.8%
SOLS Solstice Adv Materials Inc. 0.18% 7,544 $668K Add +0.5%
IGIB iShares 5-10Y Inv Grade Corp. 0.18% 12,313 $655K Add +6.1%
DHR Danaher Corp. 0.16% 3,175 $605K Reduce -1.2%
MA Mastercard Inc. Class A 0.16% 1,176 $604K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.15% 1,073 $561K No change
MRSH Marsh & McLennan Cos 0.15% 3,323 $554K Reduce -57.0%
PCTY Paylocity Holding Corp. 0.15% 5,150 $538K No change
SHEL Shell PLC-ADR 0.14% 6,526 $506K No change
OXY Occidental Petroleum Corp. 0.13% 10,000 $486K No change
BAC Bank of America Corp. 0.13% 8,307 $473K Reduce -3.0%
GE General Electric filed as GE AEROSPACE 0.12% 1,224 $457K No change
LOW Lowe's Cos Inc. 0.12% 2,070 $456K No change
WFC Wells Fargo & Co. 0.12% 5,411 $447K Reduce -1.6%
PAYC Paycom Software Inc. 0.12% 3,530 $444K Add +7.8%
SHY iShares 1-3 Year Treasury Bo 0.11% 5,000 $411K No change
CLOB Vaneck Aa-BB Clo ETF 0.11% 8,000 $404K New
JAAA Janus Henderson Aaa Clo ETF 0.11% 8,000 $404K Reduce -55.6%
IGSB iShares 1-5Y Inv Grade Corp. 0.11% 7,649 $401K Add +5.5%
VMBS Vanguard Mortgage-Backed Sec 0.10% 8,053 $377K Add +6.5%
ROP Roper Technologies Inc. 0.10% 1,040 $352K Reduce -1.4%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.09% 13,152 $345K Add +117.4%
MS Morgan Stanley 0.09% 1,566 $327K Reduce -4.1%
MCK McKesson Corp. 0.09% 431 $326K Reduce -4.9%
VZ Verizon Communications Inc. 0.08% 7,358 $312K Reduce -4.0%
CSX CSX Corp. 0.08% 6,278 $298K Reduce -5.6%
BLK BlackRock Inc. 0.08% 309 $297K Reduce -4.9%
INTC Intel Corp. 0.08% 2,111 $295K No change
CMG Chipotle Mexican Grill Inc. 0.08% 8,473 $288K Add +1.2%
COP Conocophillips 0.08% 2,726 $283K Reduce -2.7%
VCLT Vanguard Long-Term Corp. Bond 0.08% 3,699 $278K Add +15.8%
MDLZ Mondelez International Inc. Class A 0.07% 4,642 $269K Reduce -3.3%
AMGN Amgen Inc. 0.07% 719 $260K Reduce -4.1%
FAST Fastenal Co. 0.07% 5,132 $246K Reduce -3.0%
BKLN Invesco Senior Loan ETF 0.07% 12,073 $246K No change
OTIS Otis Worldwide Corp. 0.06% 3,282 $235K No change
KLAC KLA Corp. 0.06% 760 $229K No change
PFE Pfizer Inc. 0.06% 9,360 $225K Reduce -3.2%
MDT Medtronic PLC 0.05% 2,592 $203K Reduce -2.7%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.05% 2,529 $202K Add +17.2%
KVUE Kenvue Inc. 0.05% 10,417 $199K Reduce -1.7%
HPQ HP Inc. 0.05% 7,820 $172K Reduce -0.6%
EXC Exelon Corp. 0.04% 3,528 $164K Reduce -4.3%
SPTI SS SPDR P Int Term TSY ETF 0.04% 5,644 $160K Reduce -61.7%
AMP Ameriprise Financial Inc. 0.04% 331 $152K Reduce -4.3%
JNK SS SPDR BB High Yield Bond 0.04% 1,541 $149K No change
KMI Kinder Morgan Inc. 0.04% 4,610 $147K Reduce -5.1%
OKE Oneok Inc. 0.04% 1,659 $144K No change
EOG EOG Resources Inc. 0.04% 1,103 $143K No change
MPLX MPLX LP 0.04% 2,465 $139K No change
TSM Taiwan Semiconductor-SP ADR 0.04% 287 $137K No change
SYY Sysco Corp. 0.04% 1,608 $134K Reduce -3.8%
XLF SS Financial Select Sector 0.04% 2,506 $134K No change
MMM 3M Co. 0.03% 797 $129K No change
IR Ingersoll-Rand Inc. 0.03% 1,472 $121K No change
ITW Illinois Tool Works 0.03% 430 $116K No change
MU Micron Technology Inc. 0.03% 97 $112K No change
VPU Vanguard Utilities ETF 0.03% 550 $108K No change
ORCL Oracle Corp. 0.03% 719 $105K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.03% 965 $105K No change
TFC Truist Financial Corp. 0.03% 1,986 $99K Reduce -5.0%
MPC Marathon Petroleum Corp. 0.02% 356 $91K No change
HCA HCA Healthcare Inc. 0.02% 232 $90K No change
MO Altria Group Inc. 0.02% 1,234 $89K No change
T AT&T Inc. 0.02% 4,025 $83K No change
YUM Yum! Brands Inc. 0.02% 510 $82K No change
CL Colgate-Palmolive Co. 0.02% 875 $80K No change
TIP iShares Tips Bond ETF 0.02% 719 $79K New
PYPL PayPal Holdings Inc. 0.02% 1,809 $78K No change
PSA Public Storage 0.02% 240 $76K No change
GWW WW Grainger Inc. 0.02% 56 $76K No change
EPD Enterprise Products Partners 0.02% 1,980 $73K No change
SO The Southern Co. 0.02% 734 $70K No change
COF Capital One Financial Corp. 0.02% 344 $69K No change
CB Chubb Ltd. 0.02% 200 $68K No change
VGT Vanguard Info Tech ETF 0.02% 568 $68K No change
ABBNY Abb Ltd.-Spon ADR 0.02% 622 $68K No change
NSRGY Nestle SA-Spons ADR 0.02% 641 $66K No change
AEP American Electric Power 0.02% 460 $63K No change
PAYX Paychex Inc. 0.02% 626 $62K No change
DUK Duke Energy Corp. 0.02% 479 $61K No change
MCD McDonald's Corp. 0.02% 216 $58K No change
ZBH Zimmer Biomet Holdings Inc. 0.02% 675 $58K No change
CAH Cardinal Health Inc. 0.02% 240 $57K No change
WM Waste Management Inc. 0.02% 254 $57K No change
PM Philip Morris International 0.02% 312 $56K No change
NUE Nucor Corp. 0.01% 249 $55K No change
MKL Markel Group Inc. 0.01% 28 $55K No change
BAESY Bae Systems PLC -Spon ADR 0.01% 556 $54K No change
MITSY Mitsui & Co. Ltd.-Spons ADR 0.01% 93 $51K No change
NI Nisource Inc. 0.01% 1,076 $51K No change
PGR Progressive Corp. 0.01% 234 $51K No change
VEU Vanguard Ftse All-World Ex-U 0.01% 607 $51K No change
COR Cencora Inc. 0.01% 177 $50K No change
CNP Centerpoint Energy Inc. 0.01% 1,132 $50K No change
DBSDY DBS Group Holdings-Spon ADR 0.01% 246 $50K No change
ALIZY Allianz SE - Unsp ADR 0.01% 1,025 $49K No change
SJNK SS SPDR BB St Hi Yield ETF 0.01% 1,925 $48K Add +39.6%
MSI Motorola Solutions Inc. 0.01% 114 $47K No change
KEYS Keysight Technologies Inc. 0.01% 132 $46K No change
AON Aon PLC Class A 0.01% 138 $46K No change
CVS CVS Health Corp. 0.01% 435 $45K No change
VNQ Vanguard Real Estate ETF 0.01% 462 $45K No change
MUFG Mitsubishi Ufj Finl-Spon ADR 0.01% 2,238 $45K No change
UL Unilever PLC-Sponsored ADR 0.01% 726 $44K No change
VWO Vanguard Ftse Emerging Marke 0.01% 700 $42K No change
IHG Intercontinental Hotels-ADR 0.01% 239 $41K No change
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.01% 600 $41K No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.01% 416 $40K No change
SLB SLB Ltd. filed as SLB LIMITED 0.01% 850 $40K No change
IBDRY Iberdrola SA-Sponsored ADR 0.01% 387 $39K No change
D Dominion Energy Inc. 0.01% 557 $38K No change
SIEGY Siemens AG-Spons ADR 0.01% 234 $38K No change
ED Consolidated Edison Inc. 0.01% 339 $38K No change
CEG Constellation Energy 0.01% 150 $37K No change
AXAHY AXA -Spons ADR filed as AXA SA 0.01% 740 $37K No change
BTI British American Tob-SP ADR 0.01% 600 $37K No change
IX Orix - Sponsored ADR filed as ORIX CORP 0.01% 965 $37K No change
PEG Public Service Enterprise GP 0.01% 448 $36K No change
SUB iShares Short-Term National 0.01% 329 $35K No change
STIP iShares 0-5 Year Tips Bond E 0.01% 329 $34K No change
SPG Simon Property Group Inc. 0.01% 150 $34K No change
LVMUY LVMH Moet Hennessy-Unsp ADR 0.01% 298 $33K No change
NSC Norfolk Southern Corp. 0.01% 104 $33K No change
AMJB Alerian MLP ETN2044 filed as JPMORGAN CHASE FINL CO LLC 0.01% 943 $33K No change
TD Toronto-Dominion Bank 0.01% 264 $32K No change
GLW Corning Inc. 0.01% 125 $32K No change
PAA Plains All Amer Pipeline LP 0.01% 1,423 $32K No change
VCR Vanguard Consumer Discre ETF 0.01% 79 $31K No change
ENB Enbridge Inc. 0.01% 564 $31K No change
NVS Novartis AG-Sponsored ADR 0.01% 193 $30K No change
VTIP Vanguard Short-Term Tips 0.01% 587 $29K Add +69.2%
CCL Carnival Corp. Ltd. 0.01% 966 $28K Add +20.0%
WEC WEC Energy Group Inc. 0.01% 228 $27K No change
ET Energy Transfer LP 0.01% 1,385 $26K No change
SPGI S&P Global Inc. 0.01% 64 $26K No change
RIO Rio Tinto PLC-Spon ADR 0.01% 267 $25K No change
LHX L3HARRIS Technologies Inc. 0.01% 86 $25K No change
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 0.01% 297 $25K No change
VLO Valero Energy Corp. 0.01% 95 $25K No change
KMTUY Komatsu Ltd. -Spons ADR 0.01% 629 $24K No change
OMC Omnicom Group 0.01% 331 $24K No change
TM Toyota Motor Corp. -Spon ADR 0.01% 141 $24K No change
COIN Coinbase Global Inc. Class A 0.01% 161 $24K Reduce -62.6%
TEL Te Connectivity PLC 0.01% 110 $22K No change
GSK GSK PLC-Spon ADR 0.01% 419 $22K No change
VHT Vanguard Health Care ETF 0.01% 73 $22K No change
FLOT iShares Floating Rate Bond E 0.01% 425 $22K Reduce -68.8%
ELV Elevance Health Inc. 0.01% 56 $22K No change
TAP Molson Coors Beverage Co. Class B 0.01% 550 $21K No change
NTTYY NTT Inc. - ADR 0.01% 928 $21K No change
TTE Totalenergies SE 0.01% 266 $21K No change
FDX FedEx Corp. 0.01% 66 $21K No change
JCI Johnson Controls Internation 0.01% 137 $20K No change
DRI Darden Restaurants Inc. 0.01% 97 $20K No change
VIS Vanguard Industrials ETF 0.01% 55 $20K No change
FIS Fidelity National Info Serv 0.01% 500 $19K No change
BNPQY BNP Paribas-ADR 0.01% 315 $18K No change
VTRS Viatris Inc. 0.00% 1,149 $18K No change
IMCB iShares Morningstar Mid-Cap 0.00% 184 $18K No change
PAGP Plains GP Holdings LP 0.00% 700 $17K No change
FE Firstenergy Corp. 0.00% 357 $17K No change
CINF Cincinnati Financial Corp. 0.00% 91 $17K No change
BNDD Quadratic Deflation ETF 0.00% 166 $17K Reduce -37.6%
FITB Fifth Third Bancorp 0.00% 296 $17K No change
NTRS Northern Trust Corp. 0.00% 95 $17K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 170 $16K No change
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.00% 1,456 $16K No change
IDXX Idexx Laboratories Inc. 0.00% 30 $16K No change
CWB SS SPDR BB Conv Sec ETF 0.00% 145 $16K New
F Ford Motor Co. filed as FORD MTR CO 0.00% 1,083 $15K No change
WBD Warner Bros Discovery Inc. 0.00% 562 $15K No change
ETSY Etsy Inc. 0.00% 197 $15K Reduce -96.2%
EIX Edison International 0.00% 195 $15K No change
SNY Sanofi-ADR 0.00% 320 $14K No change
SOLV Solventum Corp. 0.00% 173 $13K No change
LAZ Lazard Inc. 0.00% 317 $13K No change
LMT Lockheed Martin Corp. 0.00% 26 $13K No change
MINT PIMCO Enhanced Short Maturit 0.00% 131 $13K New
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.00% 263 $13K New
VDC Vanguard Consumer Staple ETF 0.00% 57 $13K No change
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.00% 285 $13K New
E Eni SPA-Sponsored ADR 0.00% 258 $12K No change
GIS General Mills Inc. 0.00% 345 $12K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.00% 148 $12K New
VFH Vanguard Financials ETF 0.00% 87 $11K No change
PFG Principal Financial Group 0.00% 103 $11K No change
FISV Fiserv Inc. 0.00% 220 $11K No change
BASFY Basf SE-Spon ADR 0.00% 806 $11K No change
ROK Rockwell Automation Inc. 0.00% 20 $10K No change
SUN Sunoco LP 0.00% 146 $10K No change
CAJPY Canon Inc.-Spons ADR 0.00% 382 $10K No change
VAW Vanguard Materials ETF 0.00% 42 $10K No change
DEO Diageo PLC-Sponsored ADR 0.00% 114 $9K No change
FCX Freeport-McMoran Inc. 0.00% 144 $9K No change
IDU iShares US Utilities ETF 0.00% 79 $9K No change
UNP Union Pacific Corp. 0.00% 33 $9K Reduce -51.5%
GPC Genuine Parts Co. 0.00% 70 $8K No change
INFY Infosys Ltd.-SP ADR 0.00% 754 $8K No change
EMB iShares JP Morgan Usd Emergi 0.00% 80 $8K No change
CTVA Corteva Inc. 0.00% 87 $7K No change
Q Qnity Electronics Inc. 0.00% 43 $7K No change
AA Alcoa Corp. 0.00% 134 $7K No change
HMC Honda Motor Co. Ltd.-Spons ADR 0.00% 250 $7K No change
FBIN Fortune Brands Innovations I 0.00% 123 $7K No change
VLTO Veralto Corp. 0.00% 75 $7K No change
GBTC Grayscale Bitcoin Trust ETF 0.00% 144 $7K No change
MAT Mattel Inc. 0.00% 464 $6K No change
IVZ Invesco Ltd. 0.00% 244 $6K No change
O Realty Income Corp. 0.00% 103 $6K No change
IYZ iShares US Telecommunication 0.00% 150 $6K No change
PINS Pinterest Inc. Class A 0.00% 300 $6K No change
VOD Vodafone Group PLC-SP ADR 0.00% 475 $6K No change
LW Lamb Weston Holdings Inc. 0.00% 143 $6K No change
LYB Lyondellbasell Indu Class A 0.00% 117 $6K No change
FLR Fluor Corp. 0.00% 116 $6K No change
PTY PIMCO Corporate & Income Opp 0.00% 500 $6K No change
CAG Conagra Brands Inc. 0.00% 431 $6K No change
DVY iShares Select Dividend ETF 0.00% 35 $5K No change
EPSN Epsilon Energy Ltd. 0.00% 1,000 $5K No change
IP International Paper Co. 0.00% 142 $5K No change
USAC USA Compression Partners LP 0.00% 200 $5K No change
FTV Fortive Corp. 0.00% 80 $5K No change
BST BlackRock Science & Tech TR 0.00% 96 $5K No change
FDXF FedEx Freight Holding Co. 0.00% 32 $5K No change
NGL NGL Energy Partners LP 0.00% 300 $5K No change
VDE Vanguard Energy ETF 0.00% 31 $5K No change
QYLD Global X Nasd 100 Cov Call 0.00% 250 $5K No change
WU Western Union Co. 0.00% 597 $5K No change
VSXY Victoria's Secret & Co. 0.00% 50 $4K No change
GEHC GE Healthcare Technology 0.00% 65 $4K No change
BBWI Bath & Body Works Inc. 0.00% 178 $4K No change
UTG Reaves Utility Income Fund 0.00% 100 $4K No change
DVA Davita Inc. 0.00% 18 $4K No change
GTX Garrett Motion Inc. 0.00% 107 $4K No change
DD Dupont DE Nemours Inc. 0.00% 27 $4K Reduce -6.9%
XAWFX Alliancebernstein GL Hi Inc. 0.00% 350 $4K No change
ARDC Ares Dynamic Credit All 0.00% 275 $3K No change
CDP Copt Defense Properties 0.00% 95 $3K No change
WELL Welltower Inc. 0.00% 15 $3K No change
ADP Automatic Data Processing 0.00% 15 $3K No change
DFIN Donnelley Financial Solution 0.00% 76 $3K No change
AFL Aflac Inc. 0.00% 27 $3K No change
CMS CMS Energy Corp. 0.00% 39 $3K No change
AGG iShares Core U.S. Aggregate 0.00% 30 $3K No change
SDZNY Sandoz Group AG-ADR 0.00% 32 $3K No change
MICC The Magnum Ice Cream Co. NV 0.00% 163 $3K No change
RHI Robert Half Inc. 0.00% 91 $3K Reduce -48.0%
DGX Quest Diagnostics Inc. 0.00% 13 $3K No change
BXP BXP Inc. 0.00% 41 $3K No change
DOV Dover Corp. 0.00% 12 $3K No change
AKAM Akamai Technologies Inc. 0.00% 22 $3K No change
ACLLY Accelleron Industries AG 0.00% 24 $2K No change
REZI Resideo Technologies Inc. 0.00% 78 $2K No change
CLF Cleveland-Cliffs Inc. 0.00% 254 $2K No change
DOW Dow Inc. filed as DOW HLDGS INC 0.00% 87 $2K No change
UPS United Parcel Service Class B 0.00% 22 $2K Reduce -56.9%
WPP WPP PLC-Sponsored ADR 0.00% 150 $2K No change
NTAP Netapp Inc. 0.00% 15 $2K No change
WAB Wabtec Corp. 0.00% 8 $2K Reduce -11.1%
ALC Alcon Inc. filed as ALCON AG 0.00% 32 $2K No change
FUN Six Flags Entertainment Corp. 0.00% 100 $2K No change
AMT American Tower Corp. 0.00% 13 $2K No change
HLN Haleon PLC-ADR 0.00% 211 $2K No change
RAL Ralliant Corp. 0.00% 26 $2K No change
FRO Frontline PLC 0.00% 55 $2K No change
CHTR Charter Communications Inc. Class A 0.00% 13 $2K No change
PRU Prudential Financial Inc. 0.00% 16 $2K No change
WDS Woodside Energy Group-ADR 0.00% 89 $2K No change
NWL Newell Brands Inc. 0.00% 279 $2K No change
CHRW C.H. Robinson Worldwide Inc. 0.00% 9 $2K No change
DOC Healthpeak Properties Inc. 0.00% 78 $2K No change
VNO Vornado Realty Trust 0.00% 40 $2K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.00% 12 $1K No change
MBC Masterbrand Inc. 0.00% 123 $1K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.00% 15 $1K No change
SWK Stanley Black & Decker Inc. 0.00% 12 $1K No change
SW Smurfit Westrock PLC 0.00% 23 $1K No change
HOG Harley-Davidson Inc. 0.00% 42 $1K Reduce -65.3%
SONY Sony Group Corp. - SP ADR 0.00% 50 $1K No change
OGN Organon & Co. 0.00% 65 $880 No change
CTSH Cognizant Tech Solutions-A 0.00% 21 $813 No change
VNT Vontier Corp. 0.00% 26 $754 No change
GRAL Grail Inc. 0.00% 10 $683 No change
MDXG Mimedx Group Inc. 0.00% 170 $654 No change
KD Kyndryl Holdings Inc. 0.00% 57 $645 No change
NGVT Ingevity Corp. 0.00% 7 $523 No change
ASIX Advansix Inc. 0.00% 25 $497 No change
UE Urban Edge Properties 0.00% 20 $458 No change
SAIC Science Applications Inte 0.00% 4 $442 No change
CC The Chemours Co. 0.00% 19 $390 No change
TRIP Tripadvisor Inc. 0.00% 24 $329 No change
AIG American International Group 0.00% 4 $298 No change
JBGS JBG Smith Properties 0.00% 20 $293 No change
AVNS Avanos Medical Inc. 0.00% 8 $199 No change
ADNT Adient PLC 0.00% 10 $184 No change
RMR RMR Group Inc./the - A 0.00% 6 $123 No change
SFGYY Sony Financial Group Inc.-ADR 0.00% 10 $43 No change
ONL Orion Properties Inc. 0.00% 10 $29 No change
Other holdings (6): bonds, preferreds, convertibles and warrants · $620K (not counted above)
SecurityClassShares / PrincipalValueChange
NATIONAL RURAL UTIL COOP (NRUC 5.5 05/15/64 US) PFD 9,487$215KNo change
NEXTERA ENERGY CAPITAL (NEE 5.65 03/01/79 N) PFD 8,948$197KNo change
SOUTHERN CO (SO 4.2 10/15/60 C) PFD 10,100$171KNo change
AMERICAN FINANCIAL GROUP (AFG 5.875 03/30/59) Common Stock 751$15KNo change
KIMCO REALTY CORP (KIM 5.25 PERP M) PFD 655$13KNo change
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 500$9KNo change

Total filed on the 13F, all lines: $371.2M.

Portfolio Sells Q1 2026 → Q2 2026
XOM Exxon Mobil Corp. Reduce -0.8% 1.70% −0.73
PG The Procter & Gamble Co. Reduce -53.8% 0.40% −0.57
CRM Salesforce Inc. Reduce -40.2% 0.31% −0.39
CVX Chevron Corp. Reduce -1.0% 0.78% −0.34
MRSH Marsh & McLennan Cos Reduce -57.0% 0.15% −0.26
JAAA Janus Henderson Aaa Clo ETF Reduce -55.6% 0.11% −0.17
SHOP Shopify Inc. Class A Reduce -0.3% 0.86% −0.16
JPM JPMorgan Chase & Co. Reduce -1.9% 3.21% −0.14
IOO iShares Global 100 ETF Reduce -8.8% 1.17% −0.13
PSX Phillips 66 Reduce -0.8% 0.51% −0.12
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.1% 7.10% −0.10
SPTI SS SPDR P Int Term TSY ETF Reduce -61.7% 0.04% −0.09
REGN Regeneron Pharmaceuticals Reduce -0.8% 0.18% −0.08
WMT Walmart Inc. Reduce -1.6% 0.28% −0.08
ORLY O'reilly Automotive Inc. Reduce -0.2% 0.52% −0.08
ETSY Etsy Inc. Reduce -96.2% 0.00% −0.08
AXP American Express Co. Reduce -0.2% 2.39% −0.05
RTX RTX Corp. Reduce -2.3% 0.23% −0.04
COP Conocophillips Reduce -2.7% 0.08% −0.04
VZ Verizon Communications Inc. Reduce -4.0% 0.08% −0.03
MCK McKesson Corp. Reduce -4.9% 0.09% −0.03
EMR Emerson Electric Co. Reduce -0.0% 0.70% −0.03
APD Air Products & Chemicals Inc. Reduce -0.7% 0.20% −0.03
HD Home Depot Inc. Reduce -0.3% 0.41% −0.03
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −0.02
DHR Danaher Corp. Reduce -1.2% 0.16% −0.02
PFE Pfizer Inc. Reduce -3.2% 0.06% −0.02
CNQ Canadian Natural Resources Sold out 0.00% −0.02
TLT iShares 20+ Year Treasury BD Sold out 0.00% −0.02
ROP Roper Technologies Inc. Reduce -1.4% 0.10% −0.02
COIN Coinbase Global Inc. Class A Reduce -62.6% 0.01% −0.02
MDT Medtronic PLC Reduce -2.7% 0.05% −0.02
BLK BlackRock Inc. Reduce -4.9% 0.08% −0.02
FLOT iShares Floating Rate Bond E Reduce -68.8% 0.01% −0.02
WFC Wells Fargo & Co. Reduce -1.6% 0.12% −0.01
MDLZ Mondelez International Inc. Class A Reduce -3.3% 0.07% −0.01
EXC Exelon Corp. Reduce -4.3% 0.04% −0.01
AMGN Amgen Inc. Reduce -4.1% 0.07% −0.01
KMI Kinder Morgan Inc. Reduce -5.1% 0.04% −0.01
LNC Lincoln National Corp. Sold out 0.00% −0.01
FAST Fastenal Co. Reduce -3.0% 0.07% −0.01
USFR Wisdomtree Floating Rate Tre Sold out 0.00% −0.01
AMP Ameriprise Financial Inc. Reduce -4.3% 0.04% −0.01
GS Goldman Sachs Group Inc. Reduce -5.0% 1.03% −0.00
AAPL Apple Inc. Reduce -0.1% 1.99% −0.00
CSX CSX Corp. Reduce -5.6% 0.08% −0.00
BNDD Quadratic Deflation ETF Reduce -37.6% 0.00% −0.00
TFC Truist Financial Corp. Reduce -5.0% 0.03% −0.00
UNP Union Pacific Corp. Reduce -51.5% 0.00% −0.00
KVUE Kenvue Inc. Reduce -1.7% 0.05% −0.00

Portfolio Buys Q1 2026 → Q2 2026
AMD Advanced Micro Devices Add +0.1% 1.66% +1.00
CRWD CrowdStrike Holdings Inc. Class A Add +0.3% 1.81% +0.76
QCOM Qualcomm Inc. Add +25.4% 1.03% +0.38
USHY iShares Broad Usd High Yield Add +338.7% 0.51% +0.38
DE Deere & Co. New 0.34% +0.34
COST Costco Wholesale Corp. New 0.28% +0.28
TXN Texas Instruments Inc. Add +1.4% 0.77% +0.21
C Citigroup Inc. Add +4.7% 1.68% +0.20
UNH Unitedhealth Group Inc. Add +18.6% 0.46% +0.17
ETN Eaton Corp. PLC Add +1.3% 2.90% +0.16
ZBRA Zebra Technologies Corp. Class A Add +13.2% 0.69% +0.14
IBM Intl Business Machines Corp. Add +21.5% 0.68% +0.13
CLOB Vaneck Aa-BB Clo ETF New 0.11% +0.11
WAT Waters Corp. Add +34.2% 0.32% +0.10
MAS Masco Corp. Add +7.7% 0.36% +0.08
PPG PPG Industries Inc. Add +22.3% 0.41% +0.07
AMZN Amazon.com Inc. Add +2.8% 2.29% +0.07
TSLA Tesla Inc. Add +22.8% 0.31% +0.05
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +117.4% 0.09% +0.04
TIP iShares Tips Bond ETF New 0.02% +0.02
MBB iShares MBS ETF Add +21.5% 0.36% +0.02
SOLS Solstice Adv Materials Inc. Add +0.5% 0.18% +0.00
CWB SS SPDR BB Conv Sec ETF New 0.00% +0.00
MINT PIMCO Enhanced Short Maturit New 0.00% +0.00
CGDV Cap Group Dividend Value New 0.00% +0.00
CGUS Cap Group Core Equity New 0.00% +0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.00% +0.00
VTIP Vanguard Short-Term Tips Add +69.2% 0.01% +0.00
V Visa Inc. Class A Add +0.7% 1.41% +0.00
KMB Kimberly-Clark Corp. Add +0.9% 0.38% +0.00
SJNK SS SPDR BB St Hi Yield ETF Add +39.6% 0.01% +0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +17.2% 0.05% +0.00
VCLT Vanguard Long-Term Corp. Bond Add +15.8% 0.08% +0.00
CCL Carnival Corp. Ltd. Add +20.0% 0.01% +0.00
PAYC Paycom Software Inc. Add +7.8% 0.12% −0.00
CMG Chipotle Mexican Grill Inc. Add +1.2% 0.08% −0.00
TGT Target Corp. Add +3.7% 0.36% −0.01
VMBS Vanguard Mortgage-Backed Sec Add +6.5% 0.10% −0.01
IGSB iShares 1-5Y Inv Grade Corp. Add +5.5% 0.11% −0.01
IGIB iShares 5-10Y Inv Grade Corp. Add +6.1% 0.18% −0.01
DNP DNP Select Income Fund Inc. Add +0.3% 0.22% −0.02
IEF iShares 7-10 Year Treasury B Add +6.2% 0.25% −0.02
BDX Becton Dickinson and Co. Add +1.6% 0.39% −0.06
LIN Linde PLC Add +1.2% 0.87% −0.07
JNJ Johnson & Johnson Add +0.8% 1.48% −0.13
NFLX Netflix Inc. Add +0.2% 0.25% −0.13
HONA Honeywell Aerospace Inc. Add +1.8% 1.11% −0.13
PEP Pepsico Inc. Add +2.4% 0.84% −0.23
MSFT Microsoft Corp. Add +0.5% 4.99% −0.63
HON Honeywell International Inc. Add +1.8% 1.13% −1.43

Notes & Other Activity Q1 2026 → Q2 2026
REINSURANCE GRP OF AMER (RGA V5.75 06/15/56) PFD Sold out 2,366 $59Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 388$370.6MSPY, GOOGL, MSFT, AVGO, JPM
Q1 2026 383$324.9MSPY, MSFT, GOOGL, AVGO, JPM
Q4 2025 398$345.6MSPY, MSFT, GOOGL, AVGO, JPM
Q3 2025 394$334.8MMSFT, SPY, AVGO, GOOGL, JPM
Q2 2025 399$314.8MMSFT, SPY, AVGO, GOOGL, JPM
Q1 2025 403$309.3MSPY, MSFT, IGSB, GOOGL, JPM
Q4 2024 407$356.1MIGSB, SPY, MSFT, IGIB, AVGO
Q3 2024 409$361.0MIGSB, IGIB, SPY, MSFT, VCLT
Q2 2024 413$346.3MIGSB, IGIB, MSFT, SPY, VCLT
Q1 2024Amended 411$274.9MSPY, MSFT, LLY, AVGO, GOOGL