Brookstone Capital Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Brookstone Capital Management reported 1,014 stock positions worth $7.0 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 2.8% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 2.3%) and Vanguard Mrngstr Val ETF-Aui (VTV, 2.2%). Compared with Q4 2024, it opened 89 new positions, sold out of 62, added to 490 and reduced 419. The biggest buy was Innovator U.S. Equity Ultra (UJAN, shares +3174%) and the biggest sale Innovator U.S. Equity Ultra (UAUG, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- WHEATON, IL
- CIK
- 0001599584
- Portfolio Value
- $7.0B (Q1 2025)
- SEC Filing
- 0001062993-25-008149 ↗ filed Apr 29, 2025
Holdings Value
Holdings 1,014 stocks · $7.0B
| SPY SS SPDR S&P 500 ETF Trust-US | 2.84% | 354,445 | $198.3M | Reduce -3.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.30% | 341,808 | $160.3M | Reduce -5.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.21% | 891,119 | $153.9M | Add +1.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.09% | 393,036 | $145.7M | Reduce -5.7% |
| AAPL Apple Inc. | 1.85% | 581,748 | $129.2M | Add +2.4% |
| IVV iShares Core S&P 500 ETF | 1.48% | 183,632 | $103.2M | Reduce -4.2% |
| NVDA Nvidia Corp. | 1.43% | 917,836 | $99.5M | Add +2.6% |
| USMV iShares MSCI USA Min Vol Fac | 1.32% | 982,584 | $92.0M | Add +0.1% |
| BAMG Brookstone Growth Stock ETF | 1.29% | 2,823,845 | $90.2M | Add +0.1% |
| IWM iShares Russell 2000 ETF | 1.29% | 450,714 | $89.9M | Add +1.6% |
| BAMD Brookstone Div Stock ETF | 1.27% | 2,742,567 | $88.5M | Add +4.0% |
| BAMV Brookstone Value Stock ETF | 1.23% | 2,757,018 | $86.1M | Add +7.8% |
| AMZN Amazon.com Inc. | 1.22% | 445,783 | $84.8M | Reduce -1.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.20% | 1,647,997 | $83.6M | Reduce -3.2% |
| UDEC Innovator U.S. Equity Ultra | 1.16% | 2,367,341 | $81.2M | Add +147.8% |
| MSFT Microsoft Corp. | 1.12% | 207,623 | $77.9M | Add +0.2% |
| MOAT Vaneck Morningstar Wide Moat | 1.11% | 876,551 | $77.1M | Reduce -2.2% |
| AGG iShares Core U.S. Aggregate | 1.01% | 712,489 | $70.5M | Reduce -3.2% |
| BAMU Brookstone Ultrashrt BND ETF | 0.95% | 2,620,198 | $66.3M | Add +5.3% |
| VIG Vanguard Dividend Apprec ETF | 0.86% | 309,075 | $60.0M | Reduce -8.2% |
| BAMB Brookstone Intermd Bond ETF | 0.84% | 2,246,415 | $58.8M | Add +5.1% |
| NOBL Proshares S&P 500 Dividend A | 0.82% | 561,583 | $57.4M | Add +0.7% |
| UNOV Innovator U.S. Equity Ultra | 0.80% | 1,648,631 | $56.0M | Add +77.3% |
| UJAN Innovator U.S. Equity Ultra | 0.79% | 1,444,403 | $55.1M | Add +3173.8% |
| UOCT Innovator U.S. Equity Ultra | 0.79% | 1,585,729 | $54.8M | Add +82.0% |
| UFEB Innovator U.S. Equity Ultra | 0.78% | 1,686,095 | $54.6M | Add +3268.3% |
| VOO Vanguard S&P 500 ETF | 0.74% | 100,761 | $51.8M | Add +9.8% |
| GOOGL Alphabet Inc. Class A | 0.70% | 317,991 | $49.2M | Reduce -4.7% |
| TFLO iShares Treasury Floating Ra | 0.70% | 958,599 | $48.6M | Reduce -0.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.68% | 517,565 | $47.5M | Add +44.5% |
| SPLV Invesco S&P 500 Low Volatili | 0.66% | 618,922 | $46.2M | Add +2.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.65% | 691,446 | $45.5M | Reduce -3.4% |
| JEPI JPMorgan Equity Premium Inco | 0.65% | 794,178 | $45.4M | Add +4.7% |
| GLD SPDR Gold Shares | 0.58% | 139,469 | $40.2M | Add +14.8% |
| BKAG BNY Mellon Core Bond ETF | 0.57% | 950,881 | $40.1M | Reduce -33.8% |
| VEA Vanguard Ftse Developed ETF | 0.56% | 771,567 | $39.2M | Add +4.1% |
| RSP Invesco S&P 500 Equal Weight | 0.55% | 223,219 | $38.7M | Reduce -7.2% |
| POCT Innovator U.S. Equity Power | 0.54% | 973,543 | $37.8M | Add +2.2% |
| PDEC Innovator U.S. Equity Power | 0.54% | 999,404 | $37.6M | Add +5.1% |
| BAMA Brookstone Active ETF | 0.53% | 1,237,141 | $36.9M | Add +1.2% |
| PFEB Innovator U.S. Equity Power | 0.52% | 1,010,380 | $36.2M | Add +605.4% |
| BAMY Brookstone Yield ETF | 0.51% | 1,341,657 | $35.3M | Add +4.3% |
| BAMO Brookstone Opportunities ETF | 0.50% | 1,190,120 | $35.0M | Add +1.4% |
| TSLA Tesla Inc. | 0.50% | 134,224 | $34.8M | Add +7.6% |
| PJAN Innovator U.S. Equity Power | 0.49% | 826,246 | $34.3M | Add +1086.2% |
| SGOV iShares 0-3 Month Treasury B | 0.49% | 340,079 | $34.2M | Reduce -13.7% |
| PNOV Innovator U.S. Equity Power | 0.48% | 903,612 | $33.6M | Reduce -6.3% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.48% | 1,116,749 | $33.2M | Reduce -11.3% |
| SCHD Schwab US DVD Equity ETF | 0.46% | 1,142,979 | $32.0M | Add +141.0% |
| MSTB Lha Market State Tactical | 0.45% | 976,192 | $31.5M | Reduce -5.2% |
| FBND Fidelity Total Bond ETF | 0.45% | 690,361 | $31.5M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.45% | 54,518 | $31.4M | Add +5.1% |
| XYLD Global X S&P 500 Cove Call E | 0.44% | 782,703 | $30.9M | Add +10.6% |
| TBLL Invesco Short Term Treasury | 0.44% | 291,456 | $30.8M | Reduce -6.7% |
| BSCP Invesco Bulletshares 2025 CB | 0.43% | 1,463,425 | $30.3M | Reduce -2.6% |
| QUAL iShares MSCI USA Quality Fac | 0.43% | 176,665 | $30.2M | Add +12.1% |
| BSCQ Invesco Bulletshares 2026 CB | 0.43% | 1,541,556 | $30.0M | Reduce -2.2% |
| BSCR Invesco Bulletshares 2027 CB | 0.43% | 1,531,447 | $30.0M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 0.43% | 36,296 | $30.0M | Reduce -2.8% |
| VGSH Vanguard Short-Term Treasury | 0.43% | 510,329 | $30.0M | Reduce -30.7% |
| BSCS Invesco Bulletshares 2028 CB | 0.42% | 1,445,120 | $29.4M | Reduce -2.5% |
| XOM Exxon Mobil Corp. | 0.41% | 241,134 | $28.7M | Add +34.0% |
| DRSK Aptus Defined Risk ETF | 0.41% | 1,051,498 | $28.7M | Reduce -33.2% |
| MBB iShares MBS ETF | 0.39% | 290,653 | $27.3M | Reduce -27.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.39% | 588,526 | $27.1M | Add +1.1% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.37% | 499,833 | $25.9M | Add +0.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.36% | 71,676 | $25.3M | Add +3.9% |
| BDEC Innovator U.S. Equity Buffer | 0.36% | 595,448 | $24.9M | Add +10.3% |
| BSCT Invesco Bulletshares 2029 CB | 0.35% | 1,305,358 | $24.2M | Reduce -2.9% |
| JPM JPMorgan Chase & Co. | 0.35% | 98,194 | $24.1M | Add +15.0% |
| MCD McDonald's Corp. | 0.34% | 76,012 | $23.7M | Add +4.3% |
| GTO Invesco Total Return Bond Et | 0.34% | 499,964 | $23.5M | Reduce -7.1% |
| BFEB Innovator U.S. Equity Buffer | 0.33% | 561,526 | $23.3M | Add +3228.2% |
| AXP American Express Co. | 0.33% | 84,916 | $22.8M | Add +3.6% |
| FEZ State Street SPDR Euro Stoxx | 0.33% | 418,436 | $22.8M | New |
| BJAN Innovator U.S. Equity Buffer | 0.32% | 484,754 | $22.6M | Add +3413.5% |
| BOCT Innovator U.S. Equity Buffer | 0.32% | 529,915 | $22.3M | Add +9.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.32% | 276,261 | $22.2M | Reduce -7.1% |
| BNOV Innovator U.S. Equity Buffer | 0.32% | 577,180 | $22.0M | Add +8.3% |
| OMFL Invesco Russell 1000 DYN M/F | 0.32% | 412,775 | $22.0M | Reduce -7.3% |
| WMT Walmart Inc. | 0.31% | 249,194 | $21.9M | Add +0.3% |
| QYLD Global X Nasd 100 Cov Call | 0.31% | 1,307,458 | $21.7M | Add +9.1% |
| LMBS First Trust Low Duration Opp | 0.31% | 437,877 | $21.5M | Reduce -5.9% |
| ESGU iShares ESG Aware MSCI USA | 0.31% | 175,040 | $21.3M | Add +0.5% |
| XMLV Invesco S&P Midcap Low Volat | 0.30% | 343,519 | $21.2M | Add +0.5% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.30% | 268,860 | $20.9M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 39,083 | $20.8M | Reduce -11.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.29% | 91,660 | $20.3M | Add +2.3% |
| AMD Advanced Micro Devices | 0.29% | 197,546 | $20.3M | Add +24.2% |
| IXUS iShares Core Intl Stock ETF | 0.29% | 286,353 | $20.0M | Reduce -7.1% |
| IVW iShares S&P 500 Growth ETF | 0.28% | 210,340 | $19.5M | Add +3.5% |
| BALT Inn Defined Wealth Shield | 0.27% | 609,619 | $19.1M | Add +2.1% |
| CVX Chevron Corp. | 0.27% | 113,781 | $19.0M | Add +10.3% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.27% | 753,926 | $18.8M | Add +14.2% |
| IWV iShares Russell 3000 ETF | 0.26% | 57,953 | $18.4M | Reduce -8.2% |
| T AT&T Inc. | 0.26% | 650,723 | $18.4M | Reduce -12.3% |
| CAT Caterpillar Inc. | 0.26% | 55,711 | $18.4M | Add +78.1% |
| VZ Verizon Communications Inc. | 0.26% | 393,238 | $17.8M | Add +1.7% |
| IAU iShares Gold Trust | 0.25% | 296,983 | $17.5M | Add +7.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.25% | 351,255 | $17.4M | Add +12.0% |
Portfolio Sells Q4 2024 → Q1 2025
| UAUG Innovator U.S. Equity Ultra | Reduce -91.9% | 0.06% | −0.68 |
| PSEP Innovator U.S. Equity Power | Reduce -83.3% | 0.08% | −0.43 |
| PAUG Innovator U.S. Equity Power | Reduce -78.8% | 0.11% | −0.42 |
| USEP Innovator U.S. Equity Ultra | Reduce -94.4% | 0.02% | −0.42 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.7% | 2.09% | −0.40 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.2% | 2.30% | −0.39 |
| BSEP Innovator U.S. Equity Buffer | Reduce -96.5% | 0.01% | −0.29 |
| BAUG Innovator U.S. Equity Buffer | Reduce -96.6% | 0.01% | −0.29 |
| BKAG BNY Mellon Core Bond ETF | Reduce -33.8% | 0.57% | −0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.2% | 2.84% | −0.28 |
| AMZN Amazon.com Inc. | Reduce -1.4% | 1.22% | −0.23 |
| DRSK Aptus Defined Risk ETF | Reduce -33.2% | 0.41% | −0.22 |
| GOOGL Alphabet Inc. Class A | Reduce -4.7% | 0.70% | −0.21 |
| VGSH Vanguard Short-Term Treasury | Reduce -30.7% | 0.43% | −0.19 |
| PTLC Pacer Trendpilot US Large Ca | Sold out | 0.00% | −0.18 |
| PTNQ Pacer Trendpilot 100 ETF | Sold out | 0.00% | −0.18 |
| ETR Entergy Corp. | Reduce -93.9% | 0.01% | −0.18 |
| IP International Paper Co. | Reduce -94.5% | 0.01% | −0.17 |
| NI Nisource Inc. | Sold out | 0.00% | −0.17 |
| IVV iShares Core S&P 500 ETF | Reduce -4.2% | 1.48% | −0.16 |
| K Kellanova | Reduce -89.8% | 0.02% | −0.15 |
| MBB iShares MBS ETF | Reduce -27.6% | 0.39% | −0.15 |
| BNY Bank of New York Mellon Corp. | Reduce -89.0% | 0.02% | −0.13 |
| GM General Motors Co. | Reduce -94.9% | 0.01% | −0.12 |
| VONE Vanguard Russell 1000 | Reduce -41.4% | 0.15% | −0.12 |
| BMY Bristol-Myers Squibb Co. | Reduce -79.2% | 0.03% | −0.12 |
| HON Honeywell International Inc. | Reduce -61.1% | 0.06% | −0.11 |
| BOND PIMCO Active Bond Exchange-T | Reduce -79.2% | 0.03% | −0.11 |
| MPC Marathon Petroleum Corp. | Reduce -85.5% | 0.02% | −0.11 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -2.2% | 1.11% | −0.10 |
| JUCY Aptus Enhanced Yield ETF | Reduce -33.3% | 0.20% | −0.10 |
| CRM Salesforce Inc. | Reduce -20.0% | 0.18% | −0.10 |
| VIG Vanguard Dividend Apprec ETF | Reduce -8.2% | 0.86% | −0.10 |
| DD Dupont DE Nemours Inc. | Reduce -96.5% | 0.00% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -83.4% | 0.02% | −0.10 |
| UNH Unitedhealth Group Inc. | Reduce -49.7% | 0.10% | −0.10 |
| IYW iShares Ustechnology ETF | Reduce -45.7% | 0.08% | −0.09 |
| CME Cme Group Inc. | Reduce -75.7% | 0.03% | −0.08 |
| SGOV iShares 0-3 Month Treasury B | Reduce -13.7% | 0.49% | −0.08 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -11.3% | 0.48% | −0.08 |
| SSO Proshares Ultra S&P500 | Reduce -29.4% | 0.12% | −0.08 |
| DIS The Walt Disney Co. | Reduce -22.2% | 0.16% | −0.07 |
| IYF iShares US Financials ETF | Reduce -88.5% | 0.01% | −0.07 |
| IYR iShares US Real Estate ETF | Sold out | 0.00% | −0.07 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -34.4% | 0.14% | −0.07 |
| IDU iShares US Utilities ETF | Reduce -94.0% | 0.00% | −0.07 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -3.4% | 0.65% | −0.07 |
| NOW ServiceNow Inc. | Reduce -0.7% | 0.18% | −0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -7.1% | 0.32% | −0.06 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -46.4% | 0.07% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| UJAN Innovator U.S. Equity Ultra | Add +3173.8% | 0.79% | +0.76 |
| UFEB Innovator U.S. Equity Ultra | Add +3268.3% | 0.78% | +0.76 |
| UDEC Innovator U.S. Equity Ultra | Add +147.8% | 1.16% | +0.68 |
| PJAN Innovator U.S. Equity Power | Add +1086.2% | 0.49% | +0.45 |
| PFEB Innovator U.S. Equity Power | Add +605.4% | 0.52% | +0.44 |
| UOCT Innovator U.S. Equity Ultra | Add +82.0% | 0.79% | +0.34 |
| UNOV Innovator U.S. Equity Ultra | Add +77.3% | 0.80% | +0.33 |
| FEZ State Street SPDR Euro Stoxx | New | 0.33% | +0.33 |
| BFEB Innovator U.S. Equity Buffer | Add +3228.2% | 0.33% | +0.32 |
| BJAN Innovator U.S. Equity Buffer | Add +3413.5% | 0.32% | +0.31 |
| SCHD Schwab US DVD Equity ETF | Add +141.0% | 0.46% | +0.27 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +44.5% | 0.68% | +0.20 |
| IEF iShares 7-10 Year Treasury B | Add +213.8% | 0.24% | +0.16 |
| ES Eversource Energy | Add +828.5% | 0.18% | +0.16 |
| AMGN Amgen Inc. | Add +158.4% | 0.22% | +0.15 |
| GLD SPDR Gold Shares | Add +14.8% | 0.58% | +0.15 |
| GIS General Mills Inc. | Add +865.3% | 0.17% | +0.15 |
| ORCL Oracle Corp. | Add +286.3% | 0.21% | +0.14 |
| EXR Extra Space Storage Inc. | New | 0.14% | +0.14 |
| HSY The Hershey Co. | Add +530.8% | 0.17% | +0.14 |
| RTX RTX Corp. | Add +176.6% | 0.20% | +0.13 |
| CL Colgate-Palmolive Co. | Add +508.8% | 0.16% | +0.13 |
| ORLY O'reilly Automotive Inc. | New | 0.13% | +0.13 |
| XOM Exxon Mobil Corp. | Add +34.0% | 0.41% | +0.13 |
| LVS Las Vegas Sands Corp. | New | 0.11% | +0.11 |
| AMAT Applied Materials Inc. | Add +119.1% | 0.21% | +0.10 |
| CAT Caterpillar Inc. | Add +78.1% | 0.26% | +0.10 |
| BAMV Brookstone Value Stock ETF | Add +7.8% | 1.23% | +0.10 |
| RSG Republic Services Inc. | Add +165.4% | 0.14% | +0.10 |
| PYLD PIMCO Multisector Bond Actv | New | 0.10% | +0.10 |
| QCOM Qualcomm Inc. | Add +153.1% | 0.12% | +0.07 |
| STZ Constellation Brands Inc. Class A | Add +184.7% | 0.12% | +0.07 |
| ZDEK Inno Equ Def Pro ETF - 1 DE | New | 0.06% | +0.06 |
| TLH iShares 10-20 Year Treasury | New | 0.06% | +0.06 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +1046.7% | 0.07% | +0.06 |
| KVUE Kenvue Inc. | New | 0.06% | +0.06 |
| OTIS Otis Worldwide Corp. | New | 0.06% | +0.06 |
| PDI PIMCO Dynamic Income Fund | Add +2000.8% | 0.06% | +0.06 |
| FMC FMC Corp. | Add +74.5% | 0.17% | +0.06 |
| BAMD Brookstone Div Stock ETF | Add +4.0% | 1.27% | +0.06 |
| CVX Chevron Corp. | Add +10.3% | 0.27% | +0.06 |
| ELV Elevance Health Inc. | Add +696.2% | 0.06% | +0.05 |
| SCHW Schwab (charles) Corp. | Add +728.3% | 0.06% | +0.05 |
| IAU iShares Gold Trust | Add +7.8% | 0.25% | +0.05 |
| CCI Crown Castle Inc. | Add +24.5% | 0.18% | +0.05 |
| CLOI Vaneck Clo ETF | Add +31.3% | 0.23% | +0.05 |
| FTV Fortive Corp. | New | 0.05% | +0.05 |
| IBTF iShares Ibonds Dec 2025 Term | Add +75.9% | 0.12% | +0.05 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.1% | 1.32% | +0.05 |
| LMT Lockheed Martin Corp. | Add +44.2% | 0.21% | +0.05 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 53,600 | $106Kbefore exit |
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 | 1,305 | $10.0B | VTV, VUG, SPY, QQQ, NVDA |
| Q1 2026 | 1,202 | $8.7B | VTV, VUG, SPY, NVDA, QQQ |
| Q4 2025 | 1,162 | $8.7B | QQQ, SPY, VUG, VTV, NVDA |
| Q3 2025 | 1,132 | $8.4B | QQQ, SPY, VUG, VTV, NVDA |
| Q2 2025 | 1,061 | $7.6B | QQQ, SPY, VUG, VTV, NVDA |
| Q1 2025 | 1,014 | $7.0B | SPY, QQQ, VTV, VUG, AAPL |
| Q4 2024 | 987 | $6.9B | SPY, QQQ, VUG, VTV, AAPL |
| Q3 2024 | 1,001 | $6.8B | SPY, QQQ, VUG, AGG, VTV |
| Q2 2024 | 950 | $6.0B | SPY, QQQ, VUG, AAPL, VTV |
| Q1 2024 | 918 | $5.6B | SPY, QQQ, VTV, VUG, IVV |