Brookstone Capital Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Brookstone Capital Management reported 1,132 stock positions worth $8.4 billion. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 3.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.8%) and Vanguard Mrngstar GR ETF-Sui (VUG, 2.3%). Compared with Q2 2025, it opened 123 new positions, sold out of 52, added to 555 and reduced 429. The biggest buy was Innovator U.S. Equity Ultra (UJUL, shares +4571%) and the biggest sale Innovator U.S. Equity Ultra (UDEC, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- WHEATON, IL
- CIK
- 0001599584
- Portfolio Value
- $8.4B (Q3 2025)
- SEC Filing
- 0001062993-25-016087 ↗ filed Oct 15, 2025
Holdings Value
Holdings 1,132 stocks · $8.4B
| QQQ Invesco QQQ Trust Series 1 | 3.22% | 449,413 | $269.8M | Add +0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.83% | 355,918 | $237.1M | Add +0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 2.30% | 401,576 | $192.6M | Add +4.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.15% | 964,897 | $179.9M | Add +6.3% |
| NVDA Nvidia Corp. | 2.06% | 923,681 | $172.3M | Reduce -0.6% |
| AAPL Apple Inc. | 1.76% | 580,647 | $147.9M | Add +1.0% |
| BAMG Brookstone Growth Stock ETF | 1.47% | 3,235,350 | $123.3M | Add +7.0% |
| IVV iShares Core S&P 500 ETF | 1.35% | 169,462 | $113.4M | Reduce -0.4% |
| MSFT Microsoft Corp. | 1.31% | 212,574 | $110.1M | Add +2.9% |
| AMZN Amazon.com Inc. | 1.27% | 484,953 | $106.5M | Add +3.1% |
| BAMD Brookstone Div Stock ETF | 1.15% | 3,076,101 | $96.6M | Add +5.8% |
| BAMV Brookstone Value Stock ETF | 1.10% | 2,892,715 | $92.4M | Reduce -5.5% |
| JAAA Janus Henderson Aaa Clo ETF | 1.03% | 1,702,972 | $86.5M | Add +2.1% |
| USMV iShares MSCI USA Min Vol Fac | 1.02% | 901,586 | $85.8M | Reduce -2.8% |
| VOO Vanguard S&P 500 ETF | 0.90% | 123,759 | $75.8M | Add +4.1% |
| AGG iShares Core U.S. Aggregate | 0.89% | 746,095 | $74.8M | Add +7.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.89% | 853,587 | $74.5M | Add +3.9% |
| BAMU Brookstone Ultrashrt BND ETF | 0.83% | 2,758,875 | $69.7M | Add +3.0% |
| IEMG iShares Core MSCI Emerging | 0.83% | 1,053,619 | $69.5M | Add +4.3% |
| VIG Vanguard Dividend Apprec ETF | 0.82% | 319,407 | $68.9M | Add +4.5% |
| GOOGL Alphabet Inc. Class A | 0.82% | 282,880 | $68.8M | Add +0.3% |
| IWM iShares Russell 2000 ETF | 0.77% | 268,074 | $64.9M | Add +8.1% |
| UAUG Innovator U.S. Equity Ultra | 0.77% | 1,648,859 | $64.8M | Add +1213.0% |
| UJUL Innovator U.S. Equity Ultra | 0.74% | 1,633,596 | $62.3M | Add +4570.8% |
| USEP Innovator U.S. Equity Ultra | 0.73% | 1,589,985 | $61.5M | Add +3109.9% |
| GLD SPDR Gold Shares | 0.73% | 171,961 | $61.1M | Add +2.5% |
| BAMB Brookstone Intermd Bond ETF | 0.72% | 2,291,437 | $60.7M | Add +1.8% |
| UMAR Innovator U.S. Equity Ultra | 0.72% | 1,555,883 | $60.7M | Add +0.1% |
| UJUN Innovator U.S. Equity Ultra | 0.72% | 1,651,928 | $60.6M | Add +4765.5% |
| TSLA Tesla Inc. | 0.67% | 126,887 | $56.4M | Reduce -4.1% |
| VEA Vanguard Ftse Developed ETF | 0.66% | 928,446 | $55.6M | Add +10.9% |
| TFLO iShares Treasury Floating Ra | 0.60% | 1,001,612 | $50.7M | Add +2.8% |
| RSP Invesco S&P 500 Equal Weight | 0.60% | 263,393 | $50.0M | Reduce -4.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.59% | 628,701 | $49.3M | Reduce -7.5% |
| META Meta Platforms Inc. Class A | 0.58% | 66,320 | $48.7M | Add +7.9% |
| JEPI JPMorgan Equity Premium Inco | 0.56% | 823,606 | $47.0M | Reduce -0.6% |
| BAMA Brookstone Active ETF | 0.52% | 1,293,158 | $43.3M | Add +2.0% |
| MSTB Lha Market State Tactical | 0.51% | 1,068,366 | $42.5M | Add +8.0% |
| BKAG BNY Mellon Core Bond ETF | 0.50% | 975,410 | $41.6M | Add +1.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.49% | 448,143 | $41.1M | Reduce -0.8% |
| SPLV Invesco S&P 500 Low Volatili | 0.49% | 558,604 | $41.0M | Reduce -3.0% |
| BAMO Brookstone Opportunities ETF | 0.48% | 1,250,087 | $40.1M | Add +2.5% |
| BAMY Brookstone Yield ETF | 0.47% | 1,431,315 | $39.6M | Add +3.4% |
| PJUN Innovator U.S. Equity Power | 0.46% | 939,195 | $38.6M | Add +360.8% |
| PFEB Innovator U.S. Equity Power | 0.46% | 964,742 | $38.3M | Reduce -2.5% |
| PAUG Innovator U.S. Equity Power | 0.46% | 901,501 | $38.3M | Add +437.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.44% | 75,582 | $37.1M | Add +18.8% |
| PJUL Innovator U.S. Equity Power | 0.43% | 797,215 | $36.4M | Add +876.3% |
| PSEP Innovator U.S. Equity Power | 0.42% | 825,432 | $35.5M | Add +807.2% |
| LLY Eli Lilly & Co. | 0.42% | 46,325 | $35.3M | Add +10.9% |
| FBND Fidelity Total Bond ETF | 0.40% | 719,287 | $33.3M | Add +3.1% |
| JPM JPMorgan Chase & Co. | 0.39% | 102,383 | $32.3M | Reduce -1.6% |
| XYLD Global X S&P 500 Cove Call E | 0.38% | 809,658 | $31.8M | Reduce -1.6% |
| VGSH Vanguard Short-Term Treasury | 0.37% | 532,301 | $31.3M | Add +1.5% |
| DRSK Aptus Defined Risk ETF | 0.37% | 1,069,781 | $30.8M | Add +0.2% |
| TBLL Invesco Short Term Treasury | 0.37% | 291,083 | $30.7M | Reduce -4.4% |
| UDEC Innovator U.S. Equity Ultra | 0.36% | 794,662 | $30.5M | Reduce -66.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.36% | 910,409 | $30.4M | Reduce -2.6% |
| MOAT Vaneck Morningstar Wide Moat | 0.36% | 306,215 | $30.3M | Reduce -6.8% |
| ESGU iShares ESG Aware MSCI USA | 0.36% | 206,262 | $30.0M | Add +15.0% |
| SGOV iShares 0-3 Month Treasury B | 0.35% | 295,286 | $29.7M | Reduce -17.2% |
| CAT Caterpillar Inc. | 0.35% | 61,422 | $29.3M | Reduce -0.0% |
| BSCP Invesco Bulletshares 2025 CB | 0.35% | 1,400,084 | $29.0M | Add +0.8% |
| BFEB Innovator U.S. Equity Buffer | 0.34% | 611,231 | $28.9M | Add +2.4% |
| BSCQ Invesco Bulletshares 2026 CB | 0.34% | 1,475,983 | $28.9M | Add +0.9% |
| BSCR Invesco Bulletshares 2027 CB | 0.34% | 1,464,506 | $28.9M | Add +0.8% |
| BSCS Invesco Bulletshares 2028 CB | 0.34% | 1,387,954 | $28.6M | Add +1.2% |
| MBB iShares MBS ETF | 0.34% | 298,881 | $28.4M | Add +3.1% |
| XOM Exxon Mobil Corp. | 0.34% | 250,090 | $28.2M | Reduce -0.3% |
| ORCL Oracle Corp. | 0.33% | 99,333 | $27.9M | Reduce -18.5% |
| BAUG Innovator U.S. Equity Buffer | 0.33% | 569,324 | $27.9M | Add +3760.3% |
| WMT Walmart Inc. | 0.33% | 270,435 | $27.9M | Add +2.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.33% | 107,961 | $27.5M | Add +10.3% |
| BJUL Innovator U.S. Equity Buffer | 0.33% | 549,177 | $27.3M | Add +7118.4% |
| QUAL iShares MSCI USA Quality Fac | 0.32% | 139,484 | $27.1M | Reduce -9.1% |
| BSEP Innovator U.S. Equity Buffer | 0.32% | 561,151 | $27.1M | Add +3406.3% |
| IVW iShares S&P 500 Growth ETF | 0.32% | 224,389 | $27.1M | Add +4.4% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.32% | 255,612 | $26.7M | Reduce -6.4% |
| IWY iShares Russell Top 200 Grow | 0.32% | 97,518 | $26.7M | Add +3.3% |
| MCD McDonald's Corp. | 0.32% | 87,642 | $26.6M | Add +23.3% |
| BJUN Innovator U.S. Equity Buffer | 0.32% | 581,996 | $26.6M | Add +3333.2% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.31% | 501,587 | $26.1M | Reduce -0.9% |
| BALT Inn Defined Wealth Shield | 0.30% | 771,556 | $25.3M | Add +20.5% |
| OMFL Invesco Russell 1000 DYN M/F | 0.30% | 414,256 | $25.0M | Reduce -7.8% |
| SPMO Invesco S&P 500 Momentum ETF | 0.28% | 195,748 | $23.7M | Add +1525.4% |
| GTO Invesco Total Return Bond Et | 0.28% | 494,094 | $23.5M | Reduce -4.7% |
| BSCT Invesco Bulletshares 2029 CB | 0.28% | 1,244,789 | $23.4M | Add +0.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.28% | 500,993 | $23.4M | Reduce -7.5% |
| IXUS iShares Core Intl Stock ETF | 0.27% | 278,513 | $23.0M | Reduce -8.3% |
| QYLD Global X Nasd 100 Cov Call | 0.27% | 1,347,705 | $22.9M | Reduce -5.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.27% | 455,356 | $22.8M | Add +22.5% |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 419,593 | $22.7M | Add +15.7% |
| ABBV Abbvie Inc. | 0.27% | 97,713 | $22.6M | Add +25.9% |
| IVE iShares S&P 500 Value ETF | 0.26% | 107,094 | $22.1M | Add +8.6% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.26% | 799,028 | $22.1M | Add +6.4% |
| IAU iShares Gold Trust | 0.26% | 300,113 | $21.8M | Add +4.2% |
| LMBS First Trust Low Duration Opp | 0.26% | 434,141 | $21.6M | Reduce -1.7% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.25% | 359,424 | $21.3M | Add +27.6% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.25% | 207,443 | $21.1M | Add +40.1% |
| CVX Chevron Corp. | 0.25% | 135,499 | $21.0M | Add +11.8% |
Portfolio Sells Q2 2025 → Q3 2025
| UDEC Innovator U.S. Equity Ultra | Reduce -66.9% | 0.36% | −0.78 |
| UFEB Innovator U.S. Equity Ultra | Reduce -97.4% | 0.02% | −0.76 |
| UJAN Innovator U.S. Equity Ultra | Reduce -94.5% | 0.04% | −0.75 |
| UAPR Innovator U.S. Equity Ultra | Reduce -95.5% | 0.03% | −0.75 |
| PDEC Innovator U.S. Equity Power | Reduce -82.3% | 0.08% | −0.41 |
| PMAR Innovator U.S. Equity Power | Reduce -82.6% | 0.08% | −0.39 |
| PJAN Innovator U.S. Equity Power | Reduce -84.2% | 0.07% | −0.38 |
| PAPR Innovator U.S. Equity Power | Reduce -83.4% | 0.07% | −0.37 |
| BDEC Innovator U.S. Equity Buffer | Reduce -85.4% | 0.05% | −0.32 |
| BJAN Innovator U.S. Equity Buffer | Reduce -94.5% | 0.02% | −0.32 |
| BMAR Innovator U.S. Equity Buffer | Reduce -93.9% | 0.02% | −0.32 |
| BAPR Innovator U.S. Equity Buffer | Reduce -96.6% | 0.01% | −0.32 |
| EFA iShares MSCI Eafe ETF | Reduce -90.0% | 0.02% | −0.20 |
| FEZ State Street SPDR Euro Stoxx | Reduce -94.6% | 0.01% | −0.20 |
| BAMV Brookstone Value Stock ETF | Reduce -5.5% | 1.10% | −0.17 |
| AMD Advanced Micro Devices | Reduce -46.0% | 0.21% | −0.17 |
| UPS United Parcel Service Class B | Reduce -81.7% | 0.02% | −0.15 |
| CAG Conagra Brands Inc. | Reduce -97.5% | 0.00% | −0.12 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -2.8% | 1.02% | −0.12 |
| SGOV iShares 0-3 Month Treasury B | Reduce -17.2% | 0.35% | −0.12 |
| DOW Dow Inc. | Reduce -93.3% | 0.01% | −0.11 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -92.5% | 0.01% | −0.10 |
| DLR Digital Realty Trust Inc. | Reduce -54.7% | 0.05% | −0.08 |
| KO The Coca-Cola Co. | Reduce -44.5% | 0.07% | −0.08 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -68.7% | 0.03% | −0.06 |
| RSP Invesco S&P 500 Equal Weight | Reduce -4.5% | 0.60% | −0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.5% | 0.59% | −0.06 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -3.0% | 0.49% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -41.7% | 0.04% | −0.06 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.6% | 0.56% | −0.06 |
| TBLL Invesco Short Term Treasury | Reduce -4.4% | 0.37% | −0.05 |
| PULS Pgim Ultra Short Bond ETF | Reduce -45.5% | 0.05% | −0.05 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -0.8% | 0.49% | −0.05 |
| CVS CVS Health Corp. | Reduce -64.0% | 0.03% | −0.05 |
| OTIS Otis Worldwide Corp. | Reduce -94.4% | 0.00% | −0.05 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -7.5% | 0.28% | −0.05 |
| SSO Proshares Ultra S&P500 | Reduce -30.2% | 0.13% | −0.05 |
| XLV SS Health Care Select Sector | Reduce -54.7% | 0.04% | −0.05 |
| ELV Elevance Health Inc. | Reduce -80.2% | 0.01% | −0.04 |
| IYW iShares Ustechnology ETF | Reduce -55.8% | 0.04% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -9.1% | 0.32% | −0.04 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -7.8% | 0.30% | −0.04 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -6.8% | 0.36% | −0.04 |
| XYLD Global X S&P 500 Cove Call E | Reduce -1.6% | 0.38% | −0.04 |
| GTO Invesco Total Return Bond Et | Reduce -4.7% | 0.28% | −0.04 |
| QYLD Global X Nasd 100 Cov Call | Reduce -5.3% | 0.27% | −0.04 |
| BUFF Innovator Laddered Allocatio | Reduce -44.2% | 0.04% | −0.04 |
| PFEB Innovator U.S. Equity Power | Reduce -2.5% | 0.46% | −0.04 |
| CCI Crown Castle Inc. | Reduce -8.8% | 0.13% | −0.04 |
| T AT&T Inc. | Reduce -3.2% | 0.22% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| UJUL Innovator U.S. Equity Ultra | Add +4570.8% | 0.74% | +0.73 |
| UAUG Innovator U.S. Equity Ultra | Add +1213.0% | 0.77% | +0.71 |
| USEP Innovator U.S. Equity Ultra | Add +3109.9% | 0.73% | +0.71 |
| UJUN Innovator U.S. Equity Ultra | Add +4765.5% | 0.72% | +0.71 |
| PJUL Innovator U.S. Equity Power | Add +876.3% | 0.43% | +0.39 |
| PSEP Innovator U.S. Equity Power | Add +807.2% | 0.42% | +0.37 |
| PAUG Innovator U.S. Equity Power | Add +437.3% | 0.46% | +0.37 |
| PJUN Innovator U.S. Equity Power | Add +360.8% | 0.46% | +0.35 |
| BAUG Innovator U.S. Equity Buffer | Add +3760.3% | 0.33% | +0.32 |
| BJUL Innovator U.S. Equity Buffer | Add +7118.4% | 0.33% | +0.32 |
| BSEP Innovator U.S. Equity Buffer | Add +3406.3% | 0.32% | +0.31 |
| BJUN Innovator U.S. Equity Buffer | Add +3333.2% | 0.32% | +0.31 |
| SPMO Invesco S&P 500 Momentum ETF | Add +1525.4% | 0.28% | +0.27 |
| AAPL Apple Inc. | Add +1.0% | 1.76% | +0.22 |
| GOOGL Alphabet Inc. Class A | Add +0.3% | 0.82% | +0.17 |
| INTU Intuit Inc. | Add +987.9% | 0.18% | +0.16 |
| WDC Western Digital Corp. | New | 0.16% | +0.16 |
| SHLD Global X Defense Tech ETF | New | 0.16% | +0.16 |
| IWF iShares Russell 1000 Growth | Add +230.1% | 0.21% | +0.15 |
| POR Portland General Electric Co. | New | 0.14% | +0.14 |
| KEY Keycorp | Add +3951.0% | 0.14% | +0.14 |
| CLX Clorox Company | Add +1395.4% | 0.14% | +0.13 |
| TRU Transunion | New | 0.12% | +0.12 |
| JSI JH Securitized Income ETF | New | 0.11% | +0.11 |
| GDX Vaneck Gold Miners ETF | Add +502.6% | 0.11% | +0.09 |
| TTD Trade Desk Inc./the Class A | Add +2873.5% | 0.09% | +0.09 |
| ABBV Abbvie Inc. | Add +25.9% | 0.27% | +0.08 |
| WELL Welltower Inc. | Add +487.3% | 0.10% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +4.0% | 2.30% | +0.08 |
| SGRT Smart Earnings Growth 30 ETF | New | 0.08% | +0.08 |
| QQQM Invesco Nasdaq 100 ETF | Add +49.7% | 0.22% | +0.07 |
| IWM iShares Russell 2000 ETF | Add +8.1% | 0.77% | +0.07 |
| OEF iShares S&P 100 ETF | Add +94.7% | 0.14% | +0.07 |
| GLD SPDR Gold Shares | Add +2.5% | 0.73% | +0.06 |
| CRM Salesforce Inc. | Add +66.2% | 0.23% | +0.06 |
| BAI Ishrs AI in and Tech Act ETF | Add +181.0% | 0.08% | +0.06 |
| IRM Iron Mountain Inc. | Add +40.1% | 0.25% | +0.05 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +27.6% | 0.25% | +0.05 |
| HELO JPMorgan Hedged Equity ETF | Add +58.1% | 0.15% | +0.05 |
| BAC Bank of America Corp. | Add +75.6% | 0.11% | +0.05 |
| LEN Lennar Corp. Class A | New | 0.05% | +0.05 |
| MCD McDonald's Corp. | Add +23.3% | 0.32% | +0.05 |
| PFE Pfizer Inc. | Add +134.1% | 0.08% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +6.3% | 2.15% | +0.04 |
| WDAY Workday Inc. Class A | New | 0.04% | +0.04 |
| XLB SS Materials Select Sector | Add +804.1% | 0.05% | +0.04 |
| VGT Vanguard Info Tech ETF | Add +38.6% | 0.14% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +205.6% | 0.07% | +0.04 |
| ESGU iShares ESG Aware MSCI USA | Add +15.0% | 0.36% | +0.04 |
| MRK Merck & Co. Inc. | Add +66.6% | 0.11% | +0.04 |
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 |