Capital Square, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Capital Square, LLC reported 201 stock positions worth $187.6 million. Its top holding was iShares Preferred & Income S (PFF) at 6.8% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 5.7%) and Amazon.com (AMZN, 2.4%). Compared with Q1 2025, it opened 19 new positions, sold out of 9, added to 83 and reduced 77. The biggest buy was a new position in Innovator U.S. Equity Power (PJUL) and the biggest sale iShares Preferred & Income S (PFF, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- ATHENS, TN
- CIK
- 0001798736
- Portfolio Value
- $187.6M (Q2 2025)
- SEC Filing
- 0001798736-25-000003 ↗ filed Aug 11, 2025
Holdings Value
Holdings 201 stocks · $187.6M
| PFF iShares Preferred & Income S | 6.79% | 408,075 | $12.7M | Reduce -3.2% |
| VTI VG Morningstar TS MKT ETF-US | 5.72% | 34,938 | $10.7M | Add +3.7% |
| AMZN Amazon.com Inc. | 2.43% | 20,260 | $4.6M | Add +0.7% |
| LLY Eli Lilly & Co. | 2.41% | 5,697 | $4.5M | Add +9.8% |
| MO Altria Group Inc. | 1.98% | 64,330 | $3.7M | Add +2.5% |
| HD Home Depot Inc. | 1.71% | 8,660 | $3.2M | Reduce -0.1% |
| CTRE Caretrust REIT Inc. | 1.71% | 104,141 | $3.2M | Reduce -2.7% |
| DIVO Amplify CWP Enhan Divid ETF | 1.60% | 70,212 | $3.0M | Add +124.7% |
| RITM Rithm Capital Corp. | 1.56% | 250,025 | $2.9M | Add +1.4% |
| BND Vanguard Total Bond Market | 1.55% | 39,880 | $2.9M | Add +39.7% |
| O Realty Income Corp. | 1.53% | 50,278 | $2.9M | Reduce -0.0% |
| WPC WP Carey Inc. | 1.52% | 45,240 | $2.8M | Reduce -2.4% |
| AAPL Apple Inc. | 1.42% | 12,647 | $2.7M | Reduce -8.0% |
| SCHD Schwab US DVD Equity ETF | 1.35% | 92,659 | $2.5M | Reduce -27.1% |
| FHN First Horizon Corp. | 1.35% | 115,825 | $2.5M | Reduce -2.9% |
| AMT American Tower Corp. | 1.34% | 11,451 | $2.5M | Reduce -4.0% |
| NVDA Nvidia Corp. | 1.28% | 14,536 | $2.4M | Add +10.4% |
| SO The Southern Co. | 1.26% | 25,586 | $2.4M | Add +0.6% |
| IMCG iShares Morningstar Mid-Cap | 1.21% | 28,251 | $2.3M | Reduce -3.1% |
| MSFT Microsoft Corp. | 1.14% | 4,243 | $2.1M | Add +0.9% |
| SLYG SS SPDR S&P 600 SC GR ETF | 1.07% | 22,163 | $2.0M | Reduce -2.1% |
| UPS United Parcel Service Class B | 1.06% | 19,633 | $2.0M | Add +41.6% |
| PJUL Innovator U.S. Equity Power | 1.03% | 43,726 | $1.9M | New |
| JPM JPMorgan Chase & Co. | 1.02% | 6,646 | $1.9M | Reduce -8.9% |
| IVW iShares S&P 500 Growth ETF | 1.01% | 17,126 | $1.9M | Reduce -3.0% |
| IVV iShares Core S&P 500 ETF | 0.98% | 2,931 | $1.8M | Add +11.8% |
| PCH Potlatchdeltic Corp. | 0.97% | 44,602 | $1.8M | Add +5.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.96% | 39,322 | $1.8M | New |
| SPSB SS SPDR P St C Corp. ETF | 0.95% | 59,251 | $1.8M | New |
| XOM Exxon Mobil Corp. | 0.95% | 15,361 | $1.8M | Reduce -2.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.94% | 43,676 | $1.8M | Add +432.1% |
| PG The Procter & Gamble Co. | 0.91% | 10,926 | $1.7M | Reduce -5.1% |
| SUI Sun Communities Inc. filed as SUN CMNTYS INC | 0.90% | 13,456 | $1.7M | Add +2.0% |
| PLD Prologis Inc. | 0.90% | 15,412 | $1.7M | Add +0.2% |
| FLXR TCW Flexible Income ETF | 0.77% | 36,934 | $1.5M | Add +147.0% |
| NFLX Netflix Inc. | 0.76% | 1,140 | $1.4M | Reduce -2.8% |
| ETN Eaton Corp. PLC | 0.75% | 3,899 | $1.4M | Reduce -9.3% |
| ELS Equity Lifestyle Properties | 0.73% | 22,276 | $1.4M | Reduce -0.0% |
| VGT Vanguard Info Tech ETF | 0.71% | 1,987 | $1.3M | Reduce -2.5% |
| IVE iShares S&P 500 Value ETF | 0.71% | 6,705 | $1.3M | Add +1.9% |
| LOW Lowe's Cos Inc. | 0.70% | 5,832 | $1.3M | Add +1.6% |
| CCI Crown Castle Inc. | 0.70% | 12,715 | $1.3M | Reduce -0.0% |
| TLT iShares 20+ Year Treasury BD | 0.69% | 14,989 | $1.3M | Add +4.4% |
| VOO Vanguard S&P 500 ETF | 0.68% | 2,211 | $1.3M | Add +1.3% |
| WELL Welltower Inc. | 0.67% | 8,102 | $1.3M | Add +7.4% |
| NSC Norfolk Southern Corp. | 0.64% | 4,531 | $1.2M | Reduce -4.2% |
| EXR Extra Space Storage Inc. | 0.62% | 7,681 | $1.2M | Reduce -1.0% |
| USIG iShares Broad Usd Investment | 0.61% | 22,466 | $1.1M | Add +7.7% |
| DLR Digital Realty Trust Inc. | 0.61% | 6,749 | $1.1M | Reduce -5.3% |
| MRK Merck & Co. Inc. | 0.60% | 13,599 | $1.1M | Add +16.3% |
| FVD First Trust Value Line DVD | 0.60% | 24,830 | $1.1M | Add +0.2% |
| SCHG Schwab US Large-Cap Growth | 0.60% | 38,056 | $1.1M | Reduce -12.1% |
| USB US Bancorp | 0.59% | 23,367 | $1.1M | Add +41.2% |
| QPFF American Century Qual Pref | 0.58% | 30,619 | $1.1M | No change |
| CPT Camden Property Trust | 0.57% | 9,458 | $1.1M | Reduce -10.4% |
| IWP iShares Russell Mid-Cap Grow | 0.57% | 7,716 | $1.1M | Add +0.4% |
| XLK SS Technology Select Sector | 0.56% | 4,108 | $1.1M | Add +3.8% |
| VCLT Vanguard Long-Term Corp. Bond | 0.56% | 14,036 | $1.0M | Reduce -2.3% |
| JNJ Johnson & Johnson | 0.55% | 6,515 | $1.0M | Reduce -1.5% |
| TRNO Terreno Realty Corp. | 0.53% | 17,240 | $1.0M | Add +1.5% |
| COST Costco Wholesale Corp. | 0.53% | 1,017 | $987K | Add +3.4% |
| GEV GE Vernova Inc. | 0.52% | 1,824 | $983K | Add +26.1% |
| T AT&T Inc. | 0.52% | 35,892 | $968K | Reduce -5.8% |
| IJT iShares S&P Small-Cap 600 GR | 0.48% | 6,643 | $903K | No change |
| XHB SS SPDR S&P Homebldrs ETF | 0.48% | 8,593 | $900K | Add +22.2% |
| LADR Ladder Capital Corp.-REIT | 0.47% | 79,908 | $889K | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 1,786 | $850K | Reduce -8.2% |
| CVX Chevron Corp. | 0.43% | 5,204 | $808K | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.43% | 4,472 | $806K | Reduce -2.0% |
| NNN NNN REIT Inc. | 0.43% | 18,671 | $806K | Add +0.4% |
| COLD Americold Realty Trust Inc. | 0.42% | 47,782 | $794K | Add +1.1% |
| INVH Invitation Homes Inc. | 0.42% | 24,147 | $781K | Add +3.3% |
| RTX RTX Corp. | 0.41% | 5,280 | $775K | Reduce -9.6% |
| FBND Fidelity Total Bond ETF | 0.41% | 16,986 | $772K | Reduce -9.1% |
| FTCS First Trust Capital Strength | 0.41% | 8,457 | $769K | Add +0.2% |
| BLV Vanguard Long-Term Bond ETF | 0.40% | 10,929 | $743K | Reduce -8.1% |
| WMT Walmart Inc. | 0.39% | 7,818 | $738K | Reduce -13.5% |
| NOW ServiceNow Inc. | 0.39% | 784 | $736K | Add +3.8% |
| CCL Carnival Corp. | 0.39% | 25,516 | $731K | Reduce -36.8% |
| LMT Lockheed Martin Corp. | 0.38% | 1,524 | $712K | Add +3.4% |
| ADC Agree Realty Corp. | 0.37% | 9,715 | $696K | Reduce -30.8% |
| CEG Constellation Energy | 0.37% | 2,153 | $692K | Add +29.4% |
| CAT Caterpillar Inc. | 0.36% | 1,653 | $671K | Reduce -0.1% |
| AVB Avalonbay Communities Inc. | 0.34% | 3,183 | $643K | Add +0.1% |
| KO The Coca-Cola Co. | 0.34% | 9,055 | $633K | Reduce -7.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.32% | 8,778 | $605K | New |
| META Meta Platforms Inc. Class A | 0.32% | 843 | $605K | Add +5.0% |
| C Citigroup Inc. | 0.30% | 6,592 | $572K | Reduce -11.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 2,345 | $568K | Reduce -7.9% |
| DUK Duke Energy Corp. | 0.30% | 4,767 | $560K | Add +3.5% |
| GPC Genuine Parts Co. | 0.29% | 4,442 | $553K | Add +1.9% |
| NXRT Nexpoint Residential | 0.29% | 15,831 | $541K | Add +2.8% |
| VZ Verizon Communications Inc. | 0.29% | 12,969 | $540K | Reduce -8.3% |
| FPI Farmland Partners Inc. | 0.28% | 47,645 | $528K | Reduce -4.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.27% | 6,250 | $515K | Reduce -7.2% |
| CSR Centerspace | 0.27% | 8,367 | $503K | Add +3.4% |
| ARE Alexandria Real Estate Equit | 0.27% | 6,258 | $498K | Add +13.7% |
| ADDYY Adidas AG-Sponsored ADR | 0.26% | 3,999 | $487K | Reduce -46.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 1,088 | $481K | Reduce -11.5% |
| AMH American Homes 4 Rent- A | 0.25% | 13,304 | $476K | Reduce -3.5% |
Portfolio Sells Q1 2025 → Q2 2025
| PFF iShares Preferred & Income S | Reduce -3.2% | 6.79% | −0.82 |
| MFUS PIMCO Rafi Dynamic Multi-Fac | Sold out | 0.00% | −0.75 |
| SCHD Schwab US DVD Equity ETF | Reduce -27.1% | 1.35% | −0.74 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -76.0% | 0.17% | −0.62 |
| AAPL Apple Inc. | Reduce -8.0% | 1.42% | −0.37 |
| PAUG Innovator U.S. Equity Power | Sold out | 0.00% | −0.30 |
| ADC Agree Realty Corp. | Reduce -30.8% | 0.37% | −0.27 |
| ADDYY Adidas AG-Sponsored ADR | Reduce -46.1% | 0.26% | −0.25 |
| PG The Procter & Gamble Co. | Reduce -5.1% | 0.91% | −0.24 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.21 |
| WPC WP Carey Inc. | Reduce -2.4% | 1.52% | −0.20 |
| AMT American Tower Corp. | Reduce -4.0% | 1.34% | −0.19 |
| CPT Camden Property Trust | Reduce -10.4% | 0.57% | −0.18 |
| O Realty Income Corp. | Reduce -0.0% | 1.53% | −0.18 |
| VTR Ventas Inc. | Sold out | 0.00% | −0.18 |
| XOM Exxon Mobil Corp. | Reduce -2.6% | 0.95% | −0.16 |
| HD Home Depot Inc. | Reduce -0.1% | 1.71% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.2% | 0.45% | −0.16 |
| ELS Equity Lifestyle Properties | Reduce -0.0% | 0.73% | −0.14 |
| PSEP Innovator U.S. Equity Power | Sold out | 0.00% | −0.13 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.13 |
| FDL First Trust Morn DVD Lead Inc. | Sold out | 0.00% | −0.12 |
| T AT&T Inc. | Reduce -5.8% | 0.52% | −0.12 |
| JNJ Johnson & Johnson | Reduce -1.5% | 0.55% | −0.10 |
| BLV Vanguard Long-Term Bond ETF | Reduce -8.1% | 0.40% | −0.10 |
| CTRE Caretrust REIT Inc. | Reduce -2.7% | 1.71% | −0.09 |
| FBND Fidelity Total Bond ETF | Reduce -9.1% | 0.41% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -8.3% | 0.29% | −0.09 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -2.3% | 0.56% | −0.08 |
| CCI Crown Castle Inc. | Reduce -0.0% | 0.70% | −0.08 |
| CCL Carnival Corp. | Reduce -36.8% | 0.39% | −0.07 |
| KO The Coca-Cola Co. | Reduce -7.2% | 0.34% | −0.07 |
| WMT Walmart Inc. | Reduce -13.5% | 0.39% | −0.07 |
| LADR Ladder Capital Corp.-REIT | Reduce -0.9% | 0.47% | −0.07 |
| EXR Extra Space Storage Inc. | Reduce -1.0% | 0.62% | −0.06 |
| CI The Cigna Group | Reduce -9.1% | 0.18% | −0.06 |
| GIS General Mills Inc. | Reduce -0.0% | 0.20% | −0.06 |
| AMH American Homes 4 Rent- A | Reduce -3.5% | 0.25% | −0.05 |
| MCD McDonald's Corp. | Reduce -6.0% | 0.21% | −0.05 |
| FPI Farmland Partners Inc. | Reduce -4.4% | 0.28% | −0.04 |
| FCG First Trust Natural Gas ETF | Reduce -9.5% | 0.16% | −0.04 |
| RTX RTX Corp. | Reduce -9.6% | 0.41% | −0.04 |
| SCHG Schwab US Large-Cap Growth | Reduce -12.1% | 0.60% | −0.04 |
| ABBV Abbvie Inc. | Reduce -7.6% | 0.14% | −0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -7.2% | 0.27% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -8.9% | 1.02% | −0.04 |
| XOP SS SPDR S&P Og Exp & Prod | Reduce -6.0% | 0.22% | −0.03 |
| KR Kroger Co. | Reduce -11.4% | 0.17% | −0.03 |
| PR Permian Resources Corp. Class A | Reduce -13.9% | 0.13% | −0.03 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -2.1% | 1.07% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| PJUL Innovator U.S. Equity Power | New | 1.03% | +1.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.96% | +0.96 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.95% | +0.95 |
| DIVO Amplify CWP Enhan Divid ETF | Add +124.7% | 1.60% | +0.85 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +432.1% | 0.94% | +0.76 |
| NVDA Nvidia Corp. | Add +10.4% | 1.28% | +0.44 |
| FLXR TCW Flexible Income ETF | Add +147.0% | 0.77% | +0.43 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.32% | +0.32 |
| BND Vanguard Total Bond Market | Add +39.7% | 1.55% | +0.32 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.7% | 5.72% | +0.28 |
| GEV GE Vernova Inc. | Add +26.1% | 0.52% | +0.26 |
| SMA Smartstop Self Storage REIT | New | 0.24% | +0.24 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.24% | +0.24 |
| MSFT Microsoft Corp. | Add +0.9% | 1.14% | +0.21 |
| AMZN Amazon.com Inc. | Add +0.7% | 2.43% | +0.18 |
| USB US Bancorp | Add +41.2% | 0.59% | +0.18 |
| CEG Constellation Energy | Add +29.4% | 0.37% | +0.17 |
| XSD SS SPDR S&P Semiconductor | New | 0.17% | +0.17 |
| UPS United Parcel Service Class B | Add +41.6% | 1.06% | +0.16 |
| ORCL Oracle Corp. | New | 0.16% | +0.16 |
| FXL First Trust Technology Alpha | New | 0.15% | +0.15 |
| CASY Casey's General Stores Inc. | New | 0.14% | +0.14 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.14% | +0.14 |
| QCOM Qualcomm Inc. | New | 0.12% | +0.12 |
| IVV iShares Core S&P 500 ETF | Add +11.8% | 0.98% | +0.11 |
| FPE FT-Preferred Secur & Inc. ETF | New | 0.11% | +0.11 |
| IXP iShares Global Comm Services | New | 0.11% | +0.11 |
| PDEC Innovator U.S. Equity Power | New | 0.11% | +0.11 |
| VHT Vanguard Health Care ETF | New | 0.11% | +0.11 |
| LTC LTC Properties Inc. | New | 0.11% | +0.11 |
| AMD Advanced Micro Devices | New | 0.11% | +0.11 |
| AAP Advance Auto Parts Inc. | Add +4.3% | 0.24% | +0.08 |
| XLK SS Technology Select Sector | Add +3.8% | 0.56% | +0.08 |
| XHB SS SPDR S&P Homebldrs ETF | Add +22.2% | 0.48% | +0.08 |
| BX Blackstone Inc. | Add +52.0% | 0.21% | +0.08 |
| XME SS SPDR S&P Metals Mining | Add +21.2% | 0.20% | +0.06 |
| IRM Iron Mountain Inc. | Add +35.9% | 0.18% | +0.05 |
| OEF iShares S&P 100 ETF | Add +23.6% | 0.24% | +0.05 |
| META Meta Platforms Inc. Class A | Add +5.0% | 0.32% | +0.05 |
| NOW ServiceNow Inc. | Add +3.8% | 0.39% | +0.04 |
| IWP iShares Russell Mid-Cap Grow | Add +0.4% | 0.57% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +22.9% | 0.17% | +0.03 |
| PSI Invesco Semiconductors ETF | Add +1.8% | 0.19% | +0.03 |
| EOSE Eos Energy Enterprises Inc. | New | 0.03% | +0.03 |
| DG Dollar General Corp. | Add +2.8% | 0.16% | +0.03 |
| XLY SS Consumer Disc Select Sect | Add +15.1% | 0.16% | +0.02 |
| BUFF Innovator Laddered Allocatio | Add +14.0% | 0.22% | +0.02 |
| EEM iShares MSCI Emerging Market | Add +13.4% | 0.16% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +1.3% | 0.68% | +0.02 |
| RWK Invesco S&P Midcap 400 Rev | Add +4.2% | 0.16% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 240 | $227.5M | VTI, PFF, LLY, MO, AMZN |
| Q1 2026 | 226 | $216.9M | VTI, PFF, PFXF, AMZN, MO |
| Q4 2025 | 221 | $196.0M | VTI, PFF, LLY, AMZN, FLXR |
| Q3 2025 | 210 | $196.1M | PFF, VTI, FLXR, AMZN, LLY |
| Q2 2025 | 201 | $187.6M | PFF, VTI, AMZN, LLY, MO |
| Q1 2025 | 191 | $170.3M | PFF, VTI, LLY, AMZN, MO |
| Q4 2024 | 189 | $176.0M | PFF, VTI, AMZN, LLY, HD |
| Q3 2024 | 169 | $164.7M | PFF, VTI, LLY, AMZN, AMT |
| Q2 2024 | 159 | $153.8M | PFF, VTI, LLY, AMZN, AMT |
| Q1 2024 | 156 | $141.7M | PFF, VTI, LLY, AMZN, AMT |