Brookstone Capital Management

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 16, 2026), Brookstone Capital Management reported 1,202 stock positions worth $8.7 billion. Its top holding was Vanguard Mrngstr Val ETF-Aui (VTV) at 2.4% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 2.1%) and SS SPDR S&P 500 ETF Trust-US (SPY, 2.1%). Compared with Q4 2025, it opened 121 new positions, sold out of 80, added to 581 and reduced 481. The biggest buy was Invesco S&P 500 High Dividen (SPHD, shares +1677%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −47%).

Most Recent 13F
Q2 2026
Location
WHEATON, IL
CIK
0001599584
Portfolio Value
$8.7B (Q1 2026)
SEC Filing
0001062993-26-002020 ↗ filed Apr 16, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $5.6B Q1 2024 Q2 2024: $6.0B Q2 2024 Q3 2024: $6.8B Q3 2024 Q4 2024: $6.9B Q4 2024 Q1 2025: $7.0B Q1 2025 Q2 2025: $7.6B Q2 2025 Q3 2025: $8.4B Q3 2025 Q4 2025: $8.7B Q4 2025 Q1 2026: $8.7B $8.7B Q1 2026 Q2 2026: $10.0B Q2 2026

Holdings 1,202 stocks · $8.7B

VTV Vanguard Mrngstr Val ETF-Aui 2.40% 1,069,631 $209.9M Add +3.1%
VUG Vanguard Mrngstar GR ETF-Sui 2.13% 426,934 $186.5M Add +4.3%
SPY SS SPDR S&P 500 ETF Trust-US 2.13% 286,066 $186.0M Reduce -21.9%
NVDA Nvidia Corp. 1.80% 902,023 $157.3M Reduce -3.3%
QQQ Invesco QQQ Trust Series 1 1.75% 265,197 $153.1M Reduce -46.5%
AAPL Apple Inc. 1.61% 555,226 $140.9M Reduce -1.6%
IVV iShares Core S&P 500 ETF 1.44% 192,538 $125.8M Add +9.0%
SPHD Invesco S&P 500 High Dividen 1.20% 2,113,628 $104.9M Add +1677.3%
AMZN Amazon.com Inc. 1.19% 498,809 $103.9M Reduce -2.6%
BAMG Brookstone Growth Stock ETF 1.16% 2,770,180 $101.2M Reduce -12.2%
IEFA iShares Core MSCI Eafe ETF 1.07% 1,035,256 $93.7M Add +13.3%
AGG iShares Core U.S. Aggregate 1.07% 940,878 $93.4M Reduce -2.9%
BAMV Brookstone Value Stock ETF 1.01% 2,711,519 $88.1M Reduce -3.2%
BAMD Brookstone Div Stock ETF 1.00% 2,806,321 $87.4M Reduce -2.9%
VOO Vanguard S&P 500 ETF 0.97% 141,400 $84.5M Add +5.7%
MSFT Microsoft Corp. 0.96% 227,658 $84.3M Add +2.8%
USMV iShares MSCI USA Min Vol Fac 0.95% 893,614 $82.9M Add +4.6%
IEMG iShares Core MSCI Emerging 0.89% 1,120,958 $78.2M Reduce -4.0%
UDEC Innovator U.S. Equity Ultra 0.84% 1,886,457 $73.3M Add +0.6%
VIG Vanguard Dividend Apprec ETF 0.84% 339,829 $73.1M Add +3.0%
GOOGL Alphabet Inc. Class A 0.78% 236,530 $68.0M Reduce -4.9%
VEA Vanguard Ftse Developed ETF 0.77% 1,049,185 $67.2M Add +2.5%
BAMU Brookstone Ultrashrt BND ETF 0.76% 2,647,970 $66.8M Reduce -2.5%
BIL SS SPDR BB 1-3M T-Bill ETF 0.76% 725,320 $66.5M Add +84.6%
UJAN Innovator U.S. Equity Ultra 0.74% 1,519,749 $64.6M Add +1573.8%
UOCT Innovator U.S. Equity Ultra 0.73% 1,681,168 $64.3M Add +0.7%
UNOV Innovator U.S. Equity Ultra 0.73% 1,707,236 $63.6M Add +0.7%
IWM iShares Russell 2000 ETF 0.72% 254,627 $63.1M Reduce -4.5%
UFEB Innovator U.S. Equity Ultra 0.71% 1,708,127 $62.0M Add +4135.7%
GLD SPDR Gold Shares 0.70% 142,192 $61.2M Reduce -15.3%
BAMB Brookstone Intermd Bond ETF 0.67% 2,229,739 $58.6M Reduce -2.0%
TFLO iShares Treasury Floating Ra 0.62% 1,065,200 $53.9M Add +6.2%
JEPI JPMorgan Equity Premium Inco 0.58% 902,434 $51.1M Add +4.9%
RSP Invesco S&P 500 Equal Weight 0.58% 263,841 $50.6M Reduce -2.2%
PNOV Innovator U.S. Equity Power 0.58% 1,234,519 $50.4M Reduce -1.1%
META Meta Platforms Inc. Class A 0.53% 80,387 $46.0M Add +0.2%
MSTB Lha Market State Tactical 0.52% 1,191,376 $45.6M Add +1.9%
BAMA Brookstone Active ETF 0.51% 1,349,438 $44.6M Add +7.8%
SPYM Ste STR SPDR PT S&P 500 ETF 0.51% 581,156 $44.5M Reduce -4.0%
CAT Caterpillar Inc. 0.49% 60,620 $42.9M Reduce -0.7%
BAMY Brookstone Yield ETF 0.49% 1,552,935 $42.5M Add +11.5%
BKAG BNY Mellon Core Bond ETF 0.48% 998,424 $42.1M Add +1.2%
BAMO Brookstone Opportunities ETF 0.48% 1,318,635 $41.9M Add +9.3%
SPLV Invesco S&P 500 Low Volatili 0.47% 560,186 $41.0M Add +4.2%
TSLA Tesla Inc. 0.47% 109,528 $40.7M Reduce -7.0%
XOM Exxon Mobil Corp. 0.46% 239,023 $40.6M Reduce -1.4%
WMT Walmart Inc. 0.46% 324,945 $40.4M Add +9.6%
IBTH iShares Ibonds Dec 2027 Term 0.44% 1,720,033 $38.6M Add +1.1%
IBTJ iShares Ibonds Dec 2029 Term 0.44% 1,748,132 $38.2M Add +1.1%
FBND Fidelity Total Bond ETF 0.44% 836,222 $38.1M Add +3.7%
POCT Innovator U.S. Equity Power 0.43% 873,271 $37.6M Reduce -2.2%
LLY Eli Lilly & Co. 0.42% 40,209 $37.0M Reduce -3.8%
PFEB Innovator U.S. Equity Power 0.41% 902,110 $36.2M Add +479.8%
IVW iShares S&P 500 Growth ETF 0.40% 312,365 $35.3M Add +31.7%
PDEC Innovator U.S. Equity Power 0.40% 830,456 $35.3M Reduce -1.2%
PJAN Innovator U.S. Equity Power 0.40% 758,887 $35.0M Add +522.9%
XYLD Global X S&P 500 Cove Call E 0.39% 876,139 $34.3M Add +5.9%
ESGU iShares ESG Aware MSCI USA 0.39% 241,479 $34.1M Add +7.9%
BDEC Innovator U.S. Equity Buffer 0.39% 703,370 $33.8M Add +7.4%
BJAN Innovator U.S. Equity Buffer 0.39% 632,517 $33.7M Add +2019.4%
MINT PIMCO Enhanced Short Maturit 0.38% 332,589 $33.4M Add +101.3%
BFEB Innovator U.S. Equity Buffer 0.38% 689,839 $32.9M Add +970.1%
SGOV iShares 0-3 Month Treasury B 0.37% 322,124 $32.4M Reduce -3.1%
VB Vanguard Most SM-Cap ETF-Usd 0.37% 122,115 $32.0M Add +4.7%
TBLL Invesco Short Term Treasury 0.36% 302,464 $31.9M Add +0.2%
BSCU Invesco Bulletshares 2030 CB 0.36% 1,903,876 $31.8M Add +1.8%
JAAA Janus Henderson Aaa Clo ETF 0.36% 619,099 $31.2M Add +10.6%
VGSH Vanguard Short-Term Treasury 0.35% 528,993 $31.0M Add +1.1%
BALT Inn Defined Wealth Shield 0.35% 915,556 $30.6M Reduce -0.1%
JPM JPMorgan Chase & Co. 0.35% 103,901 $30.6M Reduce -3.5%
BNOV Innovator U.S. Equity Buffer 0.35% 709,252 $30.5M Add +8.9%
IBTI iShares Ibonds Dec 2028 Term 0.35% 1,354,916 $30.2M Reduce -1.1%
DRSK Aptus Defined Risk ETF 0.34% 1,098,447 $30.0M Add +1.9%
MBB iShares MBS ETF 0.34% 315,815 $30.0M Add +2.4%
BSCQ Invesco Bulletshares 2026 CB 0.34% 1,531,734 $29.9M Add +1.4%
BOCT Innovator U.S. Equity Buffer 0.34% 621,564 $29.8M Add +8.0%
BUFR FT Vest Lad Buffervetf-Usd I 0.34% 882,232 $29.8M Reduce -11.6%
AMAT Applied Materials Inc. 0.34% 87,051 $29.8M Add +0.7%
BSCR Invesco Bulletshares 2027 CB 0.34% 1,512,678 $29.7M Add +1.7%
VTI VG Morningstar TS MKT ETF-US 0.34% 92,410 $29.6M Add +69.0%
IVE iShares S&P 500 Value ETF 0.34% 139,963 $29.6M Reduce -2.3%
BSCS Invesco Bulletshares 2028 CB 0.33% 1,424,368 $29.1M Add +1.8%
QQQM Invesco Nasdaq 100 ETF 0.32% 119,459 $28.4M Add +22.1%
VTEB Vanguard Tax-Exempt Bond ETF 0.32% 561,677 $28.0M Add +10.8%
CRWD CrowdStrike Holdings Inc. Class A 0.32% 71,254 $27.8M Add +1.4%
MCD McDonald's Corp. 0.31% 88,144 $27.4M Reduce -2.7%
CVX Chevron Corp. 0.31% 130,370 $27.0M Reduce -2.5%
AMGN Amgen Inc. 0.31% 76,338 $26.9M Add +2.6%
VWO Vanguard Ftse Emerging Marke 0.31% 496,122 $26.8M Add +1.2%
MOAT Vaneck Morningstar Wide Moat 0.30% 270,078 $26.1M Reduce -3.2%
IWY iShares Russell Top 200 Grow 0.30% 104,883 $26.1M Add +3.9%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.30% 564,166 $26.1M Add +6.7%
OMFL Invesco Russell 1000 DYN M/F 0.29% 417,916 $25.1M Add +0.6%
PANW Palo Alto Networks Inc. 0.28% 154,065 $24.7M Add +80.1%
GTO Invesco Total Return Bond Et 0.27% 508,545 $23.8M Reduce -0.5%
QYLD Global X Nasd 100 Cov Call 0.27% 1,386,882 $23.8M Add +3.7%
IXUS iShares Core Intl Stock ETF 0.27% 274,186 $23.8M Reduce -1.0%
ORCL Oracle Corp. 0.27% 159,941 $23.5M Add +49.8%
SCHD Schwab US DVD Equity ETF 0.27% 764,905 $23.5M Add +25.2%
BSCT Invesco Bulletshares 2029 CB 0.27% 1,257,219 $23.5M Add +1.8%

Show all 1,202 holdings

Options reported separately and not counted above: SPY puts ($2.4M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $136 (not counted above)
SecurityClassShares / PrincipalValueChange
GABELLI EQUITY TRUST-RT RIGHT 04/14/2026 19,455$136Reduce -20.8%

Total filed on the 13F, all lines: $8.7B.

Portfolio Sells Q4 2025 → Q1 2026

QQQ Invesco QQQ Trust Series 1 Reduce -46.5% 1.75% −1.73
SPY SS SPDR S&P 500 ETF Trust-US Reduce -21.9% 2.13% −0.73
UAUG Innovator U.S. Equity Ultra Reduce -92.2% 0.06% −0.71
USEP Innovator U.S. Equity Ultra Reduce -96.9% 0.02% −0.71
PAUG Innovator U.S. Equity Power Reduce -80.8% 0.08% −0.35
PSEP Innovator U.S. Equity Power Reduce -86.2% 0.05% −0.35
BAUG Innovator U.S. Equity Buffer Reduce -92.4% 0.03% −0.32
BSEP Innovator U.S. Equity Buffer Reduce -95.5% 0.01% −0.32
BAMG Brookstone Growth Stock ETF Reduce -12.2% 1.16% −0.29
SPMO Invesco S&P 500 Momentum ETF Reduce -93.0% 0.01% −0.20
NVDA Nvidia Corp. Reduce -3.3% 1.80% −0.19
AJG Arthur J Gallagher & Co. Reduce -94.3% 0.01% −0.19
AMZN Amazon.com Inc. Reduce -2.6% 1.19% −0.17
OEF iShares S&P 100 ETF Reduce -96.0% 0.01% −0.15
AAPL Apple Inc. Reduce -1.6% 1.61% −0.14
SPYG SS SPDR P S&P 500 Growth ETF Reduce -44.6% 0.15% −0.14
TSLA Tesla Inc. Reduce -7.0% 0.47% −0.14
SGRT Smart Earnings Growth 30 ETF Reduce -93.5% 0.01% −0.13
IWF iShares Russell 1000 Growth Reduce -69.0% 0.05% −0.13
IWV iShares Russell 3000 ETF Reduce -52.9% 0.10% −0.12
GOOGL Alphabet Inc. Class A Reduce -4.9% 0.78% −0.11
VBIL Vanguard 0-3M T-Bill ETF Reduce -59.7% 0.07% −0.10
LLY Eli Lilly & Co. Reduce -3.8% 0.42% −0.09
MSI Motorola Solutions Inc. Reduce -92.0% 0.01% −0.07
RWL Invesco S&P 500 Revenue ETF Reduce -48.5% 0.08% −0.07
MAGS Roundhill Magnificent Seven Reduce -83.3% 0.01% −0.07
GLD SPDR Gold Shares Reduce -15.3% 0.70% −0.06
XCCC Bondbloxx-CCC-Usd HY Corp. BD Sold out 0.00% −0.06
BX Blackstone Inc. Reduce -81.6% 0.01% −0.06
FTSL First Trust Senior Loan ETF Sold out 0.00% −0.06
AXP American Express Co. Reduce -2.8% 0.21% −0.05
BUFR FT Vest Lad Buffervetf-Usd I Reduce -11.6% 0.34% −0.05
GE General Electric Reduce -9.9% 0.24% −0.05
SLV iShares Silver Trust Reduce -28.7% 0.15% −0.05
PSFF Pacer Swan Sos Fund of Funds Reduce -85.8% 0.01% −0.05
XLK SS Technology Select Sector Reduce -39.9% 0.06% −0.05
JPM JPMorgan Chase & Co. Reduce -3.5% 0.35% −0.05
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -4.0% 0.51% −0.05
CGGR Cap Group Growth Equity Reduce -45.5% 0.04% −0.04
DYNF Ishrs US E F R A ETF-Usd Inc. Reduce -11.6% 0.22% −0.04
AGG iShares Core U.S. Aggregate Reduce -2.9% 1.07% −0.04
VGT Vanguard Info Tech ETF Reduce -17.9% 0.12% −0.04
ARTY iShares Future AI & Tech ETF Reduce -78.2% 0.01% −0.03
MOAT Vaneck Morningstar Wide Moat Reduce -3.2% 0.30% −0.03
BAMV Brookstone Value Stock ETF Reduce -3.2% 1.01% −0.03
XLB SS Materials Select Sector Reduce -59.3% 0.02% −0.03
BILS SS Spdrb B 3-12M T-Bill ETF Sold out 0.00% −0.03
CEF Sprott Physical Gold and Sil Reduce -27.5% 0.09% −0.03
IWM iShares Russell 2000 ETF Reduce -4.5% 0.72% −0.03
FICS FT International Dev Cap STR Reduce -36.5% 0.05% −0.03

Portfolio Buys Q4 2025 → Q1 2026

SPHD Invesco S&P 500 High Dividen Add +1677.3% 1.20% +1.13
UJAN Innovator U.S. Equity Ultra Add +1573.8% 0.74% +0.69
UFEB Innovator U.S. Equity Ultra Add +4135.7% 0.71% +0.69
BJAN Innovator U.S. Equity Buffer Add +2019.4% 0.39% +0.37
BIL SS SPDR BB 1-3M T-Bill ETF Add +84.6% 0.76% +0.35
PFEB Innovator U.S. Equity Power Add +479.8% 0.41% +0.34
BFEB Innovator U.S. Equity Buffer Add +970.1% 0.38% +0.34
PJAN Innovator U.S. Equity Power Add +522.9% 0.40% +0.33
MINT PIMCO Enhanced Short Maturit Add +101.3% 0.38% +0.19
ACII Innovator Index Ac in St ETF New 0.18% +0.18
TRV The Travelers Cos Inc. Add +1760.4% 0.17% +0.16
PVAL Putnam Focused LRG Cap Value New 0.15% +0.15
AVUV Avantis US Small Cap Value Add +3652.4% 0.14% +0.14
IEFA iShares Core MSCI Eafe ETF Add +13.3% 1.07% +0.14
VTV Vanguard Mrngstr Val ETF-Aui Add +3.1% 2.40% +0.13
VTI VG Morningstar TS MKT ETF-US Add +69.0% 0.34% +0.13
FANG Diamondback Energy Inc. Add +382.8% 0.14% +0.11
BND Vanguard Total Bond Market Add +83.5% 0.25% +0.11
MDY State Street SPDR S&P Midcap Add +91.5% 0.21% +0.10
CGUI Cap Group Ultra Short Income Add +589.6% 0.12% +0.10
XLE SS Energy Select Sector Add +59.9% 0.19% +0.10
PANW Palo Alto Networks Inc. Add +80.1% 0.28% +0.10
PROSHARES ULTRASHORT BLOOMBE New 0.10% +0.10
EFG iShares MSCI Eafe Growth ETF Add +653.0% 0.11% +0.10
AMAT Applied Materials Inc. Add +0.7% 0.34% +0.09
AOK iShares Core 30/70 Conservat Add +609.7% 0.10% +0.09
IDMO Invesco S&P International DE Add +142.9% 0.15% +0.09
WMT Walmart Inc. Add +9.6% 0.46% +0.08
SCHD Schwab US DVD Equity ETF Add +25.2% 0.27% +0.08
GOVT iShares US Treasury Bond ETF Add +318.2% 0.10% +0.07
DGRO iShares Core Dividend Growth Add +373.6% 0.09% +0.07
IVW iShares S&P 500 Growth ETF Add +31.7% 0.40% +0.07
ETN Eaton Corp. PLC Add +59.7% 0.15% +0.07
LIN Linde PLC Add +44.7% 0.16% +0.06
IDEF Ishars Def Ind TC Ac ETF-Ui New 0.06% +0.06
BLCR iShares LRG CP CR Act ETF-Ui New 0.06% +0.06
IEF iShares 7-10 Year Treasury B Add +87.4% 0.13% +0.06
OUNZ Vaneck Merk Gold ETF New 0.05% +0.05
FRDM Freedom 100 Emeging MRKT ETF Add +275.7% 0.07% +0.05
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +905.0% 0.06% +0.05
LMT Lockheed Martin Corp. Add +8.1% 0.21% +0.05
IVV iShares Core S&P 500 ETF Add +9.0% 1.44% +0.05
VYM Vanguard High DVD Yield ETF Add +28.3% 0.21% +0.05
XLU St Sr Utl SL SE SPDR ETF-Usd Add +131.0% 0.09% +0.05
VDE Vanguard Energy ETF Add +123.3% 0.07% +0.05
APP AppLovin Corp. Class A Add +496.8% 0.07% +0.05
PYLD PIMCO Multisector Bond Actv Add +29.5% 0.22% +0.05
JNJ Johnson & Johnson Add +7.6% 0.22% +0.05
SFLR Innovator Eqty MGD Floor ETF Add +42.2% 0.16% +0.04
SO The Southern Co. Add +17.5% 0.19% +0.04

Options Activity Q4 2025 → Q1 2026

SPY SS SPDR S&P 500 ETF Trust-US put Reduce -11.2% 38,200 $2.4M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026

GABELLI EQUITY TRUST-RT RIGHT 04/14/2026 Reduce -20.8% 19,455 $136

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,305$10.0BVTV, VUG, SPY, QQQ, NVDA
Q1 2026 1,202$8.7BVTV, VUG, SPY, NVDA, QQQ
Q4 2025 1,162$8.7BQQQ, SPY, VUG, VTV, NVDA
Q3 2025 1,132$8.4BQQQ, SPY, VUG, VTV, NVDA
Q2 2025 1,061$7.6BQQQ, SPY, VUG, VTV, NVDA
Q1 2025 1,014$7.0BSPY, QQQ, VTV, VUG, AAPL
Q4 2024 987$6.9BSPY, QQQ, VUG, VTV, AAPL
Q3 2024 1,001$6.8BSPY, QQQ, VUG, AGG, VTV
Q2 2024 950$6.0BSPY, QQQ, VUG, AAPL, VTV
Q1 2024 918$5.6BSPY, QQQ, VTV, VUG, IVV