Capstone Capital LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), Capstone Capital LLC reported 22 stock positions worth $137.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 45.2% of the portfolio, followed by Dimensional International (DFIC, 23.9%) and Dimensional Emrg MRKT Core (DFEM, 11.2%). Compared with Q1 2025, it opened 1 new position, sold out of 2, added to 8 and reduced 9. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +3%) and the biggest sale an exit from First Trust Managed Municipa (FMB).
- Most Recent 13F
- Q2 2026
- Location
- HENDERSON, NV
- CIK
- 0001993327
- Portfolio Value
- $137.8M (Q2 2025)
- SEC Filing
- 0001214659-25-010420 ↗ filed Jul 15, 2025
Holdings Value
Holdings 22 stocks · $137.8M
| DFAC Dimensional US Core Equity 2 | 45.17% | 1,736,307 | $62.2M | Add +3.1% |
| DFIC Dimensional International Co. | 23.87% | 1,057,582 | $32.9M | Add +0.3% |
| DFEM Dimensional Emrg MRKT Core | 11.22% | 520,698 | $15.5M | Add +0.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 7.98% | 138,207 | $11.0M | Add +9.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 6.36% | 178,706 | $8.8M | Add +1.7% |
| VCIT Vanguard Int-Term Corporate | 0.61% | 10,106 | $838K | Reduce -4.8% |
| MSFT Microsoft Corp. | 0.60% | 1,667 | $829K | Reduce -3.0% |
| BAB Invesco Taxable Municipal Bo | 0.51% | 26,257 | $697K | No change |
| AAPL Apple Inc. | 0.49% | 3,270 | $671K | Reduce -6.2% |
| NVDA Nvidia Corp. | 0.44% | 3,838 | $606K | Add +3.9% |
| MUB iShares National Muni Bond E | 0.38% | 5,054 | $528K | Reduce -4.3% |
| LVS Las Vegas Sands Corp. | 0.32% | 10,125 | $441K | Add +0.2% |
| SUB iShares Short-Term National | 0.30% | 3,862 | $411K | Reduce -4.4% |
| AMZN Amazon.com Inc. | 0.24% | 1,476 | $324K | Reduce -11.8% |
| JPM JPMorgan Chase & Co. | 0.23% | 1,073 | $311K | No change |
| AVGO Broadcom Inc. | 0.22% | 1,107 | $305K | Reduce -13.0% |
| MMU Western Asset Managed Munici | 0.21% | 29,450 | $292K | No change |
| DFUS Dimensional US Eq MKT ETF | 0.20% | 4,133 | $277K | No change |
| GOOGL Alphabet Inc. Class A | 0.18% | 1,398 | $246K | Add +6.2% |
| LLY Eli Lilly & Co. | 0.17% | 309 | $241K | Reduce -1.0% |
| CVX Chevron Corp. | 0.16% | 1,520 | $218K | Reduce -2.3% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.15% | 2,130 | $209K | New |
Portfolio Sells Q1 2025 → Q2 2025
| FMB First Trust Managed Municipa | Sold out | 0.00% | −0.31 |
| IQLT iShares MSCI International Q | Sold out | 0.00% | −0.20 |
| AAPL Apple Inc. | Reduce -6.2% | 0.49% | −0.13 |
| VCIT Vanguard Int-Term Corporate | Reduce -4.8% | 0.61% | −0.09 |
| MUB iShares National Muni Bond E | Reduce -4.3% | 0.38% | −0.06 |
| CVX Chevron Corp. | Reduce -2.3% | 0.16% | −0.05 |
| SUB iShares Short-Term National | Reduce -4.4% | 0.30% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.17% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -11.8% | 0.24% | −0.02 |
| AVGO Broadcom Inc. | Reduce -13.0% | 0.22% | +0.05 |
| MSFT Microsoft Corp. | Reduce -3.0% | 0.60% | +0.08 |
Portfolio Buys Q1 2025 → Q2 2025
| DFAC Dimensional US Core Equity 2 | Add +3.1% | 45.17% | +0.62 |
| DFIC Dimensional International Co. | Add +0.3% | 23.87% | +0.38 |
| DFEM Dimensional Emrg MRKT Core | Add +0.5% | 11.22% | +0.22 |
| XMHQ Invesco S&P Midcap Qual ETF | New | 0.15% | +0.15 |
| NVDA Nvidia Corp. | Add +3.9% | 0.44% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +6.2% | 0.18% | +0.02 |
| LVS Las Vegas Sands Corp. | Add +0.2% | 0.32% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +9.8% | 7.98% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.7% | 6.36% | −0.63 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $175.1M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q1 2026 | 22 | $155.3M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q4 2025 | 20 | $153.9M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q3 2025 | 25 | $149.6M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q2 2025 | 22 | $137.8M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q1 2025 | 23 | $124.7M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q4 2024 | 24 | $122.3M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q3 2024 | 25 | $120.5M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q2 2024 | 21 | $111.9M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q1 2024 | 21 | $115.8M | DFAC, DFIC, DFEM, VCSH, LLAP |