Capstone Financial Advisors, Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Capstone Financial Advisors, Inc. reported 191 stock positions worth $2.1 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.8% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 12.7%) and Dimensional US Core Equity 2 (DFAC, 12.0%). Compared with Q1 2026, it opened 22 new positions, sold out of 16, added to 93 and reduced 54. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +2%) and the biggest sale McDonald's (MCD, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001599217
- Portfolio Value
- $2.1B (Q2 2026)
- SEC Filing
- 0001599217-26-000007 ↗ filed Aug 14, 2026
Holdings Value
Holdings 191 stocks · $2.1B
| VTI VG Morningstar TS MKT ETF-US | 17.83% | 988,799 | $365.9M | Add +2.0% |
| IWB iShares Russell 1000 ETF | 12.72% | 637,495 | $261.1M | Reduce -1.4% |
| DFAC Dimensional US Core Equity 2 | 11.98% | 5,543,948 | $245.9M | Reduce -0.1% |
| NFRA NT GLBL BRD Infra ETF | 7.34% | 2,350,358 | $150.7M | Add +2.0% |
| BND Vanguard Total Bond Market | 6.56% | 1,832,708 | $134.5M | Add +3.4% |
| VXUS Vanguard Total Intl Stock | 4.81% | 1,153,621 | $98.6M | Add +0.3% |
| IXUS iShares Core Intl Stock ETF | 4.24% | 911,328 | $87.0M | Add +0.6% |
| DFAX Dimensional World Ex US Core | 3.67% | 2,043,404 | $75.3M | Reduce -1.1% |
| IWF iShares Russell 1000 Growth | 2.77% | 457,245 | $56.8M | Reduce -0.2% |
| BNDX Vanguard Total Intl Bond ETF | 2.65% | 1,124,674 | $54.5M | Add +3.0% |
| MCD McDonald's Corp. | 2.54% | 193,183 | $52.2M | Reduce -0.6% |
| TLTD NT Dev Exus Ftilt ETF | 2.18% | 457,172 | $44.8M | Reduce -0.2% |
| TILT NT Mstar US Ftilt ETF | 2.13% | 158,287 | $43.7M | Reduce -3.2% |
| AAPL Apple Inc. | 1.96% | 138,711 | $40.1M | Reduce -2.3% |
| ITOT iShares Core S&P Total U.S. | 1.77% | 221,301 | $36.4M | Add +1.4% |
| REET iShares Global REIT ETF | 1.15% | 851,372 | $23.5M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.02% | 63,735 | $20.9M | Reduce -3.5% |
| NVDA Nvidia Corp. | 1.00% | 102,613 | $20.5M | Add +0.6% |
| AVRE Avantis Real Estate ETF | 0.72% | 311,435 | $14.8M | Reduce -1.6% |
| MDY State Street SPDR S&P Midcap | 0.51% | 14,956 | $10.5M | Reduce -1.5% |
| IWM iShares Russell 2000 ETF | 0.51% | 34,638 | $10.4M | Reduce -1.2% |
| VIG Vanguard Dividend Apprec ETF | 0.44% | 38,484 | $9.1M | Reduce -2.0% |
| AMZN Amazon.com Inc. | 0.43% | 37,326 | $8.9M | Reduce -4.1% |
| AGG iShares Core U.S. Aggregate | 0.42% | 87,126 | $8.6M | Add +1.6% |
| VONE Vanguard Russell 1000 | 0.37% | 22,634 | $7.7M | Reduce -0.2% |
| IGF iShares Global Infrastructur | 0.36% | 112,150 | $7.5M | Add +0.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.32% | 129,470 | $6.5M | Reduce -22.0% |
| IAGG iShares Intl Aggregate Bond | 0.31% | 126,254 | $6.4M | Add +1.2% |
| MSFT Microsoft Corp. | 0.30% | 16,590 | $6.2M | Add +2.4% |
| VTWO Vanguard Russell 2000 ETF | 0.29% | 48,931 | $5.9M | Reduce -0.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.26% | 7 | $5.2M | No change |
| CME Cme Group Inc. | 0.20% | 18,134 | $4.0M | Add +0.1% |
| MU Micron Technology Inc. | 0.18% | 3,287 | $3.8M | Reduce -6.0% |
| COST Costco Wholesale Corp. | 0.18% | 4,029 | $3.8M | Add +0.4% |
| DFAU Dimensional US Core Equity M | 0.17% | 67,306 | $3.5M | Add +14.2% |
| GOOGL Alphabet Inc. Class A | 0.17% | 9,595 | $3.4M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.15% | 17,039 | $3.1M | Add +0.0% |
| RWO State Street SPDR Dow Jones | 0.15% | 63,134 | $3.1M | Reduce -4.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 4,079 | $3.0M | Reduce -1.1% |
| SBUX Starbucks Corp. | 0.15% | 29,174 | $3.0M | New |
| CAT Caterpillar Inc. | 0.14% | 2,693 | $2.9M | Add +1.1% |
| CBOE Cboe Global Markets Inc. | 0.14% | 11,425 | $2.8M | Add +2.9% |
| DFAI Dimensional International Co. | 0.13% | 63,544 | $2.6M | Reduce -4.0% |
| TY Tri-Continental Corp. | 0.13% | 75,513 | $2.6M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 3,389 | $2.5M | Add +1.0% |
| LRCX Lam Research Corp. | 0.12% | 5,710 | $2.5M | Add +14.8% |
| ETN Eaton Corp. PLC | 0.11% | 5,470 | $2.3M | Add +0.4% |
| AMD Advanced Micro Devices | 0.11% | 3,764 | $2.2M | Add +53.8% |
| AMAT Applied Materials Inc. | 0.10% | 2,804 | $2.0M | Add +15.2% |
| WMT Walmart Inc. | 0.10% | 17,435 | $2.0M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.09% | 3,345 | $1.9M | Add +10.5% |
| INTC Intel Corp. | 0.09% | 13,458 | $1.9M | Reduce -4.7% |
| XOM Exxon Mobil Corp. | 0.09% | 13,375 | $1.8M | Add +0.9% |
| MUB iShares National Muni Bond E | 0.08% | 15,448 | $1.7M | Reduce -4.5% |
| ALK Alaska Air Group Inc. | 0.08% | 30,206 | $1.6M | Add +4.6% |
| KO The Coca-Cola Co. | 0.07% | 18,361 | $1.5M | Add +7.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 5,283 | $1.5M | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.07% | 2,953 | $1.5M | Add +0.5% |
| UL Unilever PLC-Sponsored ADR | 0.07% | 23,571 | $1.4M | Reduce -0.3% |
| LUMN Lumen Technologies Inc. | 0.07% | 180,286 | $1.4M | No change |
| JNJ Johnson & Johnson | 0.06% | 5,148 | $1.3M | Add +5.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 1,642 | $1.3M | Add +3.2% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.06% | 24,448 | $1.2M | Add +128.3% |
| DFIC Dimensional International Co. | 0.06% | 31,667 | $1.2M | Add +52.6% |
| CI The Cigna Group | 0.06% | 4,158 | $1.1M | Add +0.0% |
| ADX Adams Diversified Equity | 0.05% | 43,424 | $1.1M | Add +1.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.05% | 17,935 | $1.1M | Add +36.4% |
| MRK Merck & Co. Inc. | 0.05% | 8,309 | $1.1M | Add +0.8% |
| DRI Darden Restaurants Inc. | 0.05% | 4,983 | $1.0M | Add +0.0% |
| VOO Vanguard S&P 500 ETF | 0.05% | 1,473 | $1.0M | Reduce -51.8% |
| IWV iShares Russell 3000 ETF | 0.05% | 2,363 | $1.0M | Add +0.2% |
| IVV iShares Core S&P 500 ETF | 0.05% | 1,317 | $987K | Reduce -5.0% |
| ABBV Abbvie Inc. | 0.05% | 3,914 | $985K | Add +1.4% |
| FITB Fifth Third Bancorp | 0.05% | 17,398 | $981K | Add +0.6% |
| GOOG Alphabet Inc. Class C | 0.04% | 2,488 | $879K | Add +12.2% |
| DELL Dell Technologies -C | 0.04% | 2,007 | $866K | Reduce -5.4% |
| LLY Eli Lilly & Co. | 0.04% | 715 | $858K | Add +14.0% |
| GWW WW Grainger Inc. | 0.04% | 626 | $852K | No change |
| GEV GE Vernova Inc. | 0.04% | 720 | $846K | Add +4.3% |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 14,739 | $832K | Add +1.6% |
| HD Home Depot Inc. | 0.04% | 2,268 | $800K | Add +4.8% |
| LW Lamb Weston Holdings Inc. | 0.04% | 18,389 | $794K | Add +37.3% |
| GE General Electric filed as GE AEROSPACE | 0.04% | 2,104 | $786K | Add +1.1% |
| TSLA Tesla Inc. | 0.04% | 1,816 | $764K | Reduce -27.6% |
| KLAC KLA Corp. | 0.04% | 2,476 | $747K | New |
| GIS General Mills Inc. | 0.04% | 20,928 | $728K | No change |
| ESGV Vanguard ESG US Stock ETF | 0.04% | 5,500 | $727K | Reduce -4.6% |
| SCHB Schwab US Broad Market ETF | 0.03% | 22,880 | $663K | Add +0.0% |
| AVGO Broadcom Inc. | 0.03% | 1,733 | $655K | Add +21.3% |
| CVX Chevron Corp. | 0.03% | 3,891 | $645K | Add +7.7% |
| BMY Bristol-Myers Squibb Co. | 0.03% | 11,182 | $644K | Reduce -10.1% |
| PLTR Palantir Technologies Inc. Class A | 0.03% | 5,401 | $630K | Reduce -1.3% |
| ICE Intercontinental Exchange Inc. | 0.03% | 5,116 | $630K | Add +1.4% |
| GLD SPDR Gold Shares | 0.03% | 1,704 | $628K | Reduce -5.7% |
| AXP American Express Co. | 0.03% | 1,821 | $616K | Reduce -0.6% |
| CSCO Cisco Systems Inc. | 0.03% | 5,238 | $615K | Add +0.8% |
| BY Byline Bancorp Inc. | 0.03% | 16,040 | $604K | No change |
| VGT Vanguard Info Tech ETF | 0.03% | 5,012 | $599K | Add +0.7% |
| AGGY Wisdomtree Yield Enhanced US | 0.03% | 12,925 | $562K | Add +1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.03% | 1,168 | $558K | Reduce -43.0% |
Options reported separately and not counted above: MCD puts ($324K).
Portfolio Sells Q1 2026 → Q2 2026
| MCD McDonald's Corp. | Reduce -0.6% | 2.54% | −0.71 |
| TLTD NT Dev Exus Ftilt ETF | Reduce -0.2% | 2.18% | −0.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -22.0% | 0.32% | −0.13 |
| DFAX Dimensional World Ex US Core | Reduce -1.1% | 3.67% | −0.11 |
| MSTR Strategy Inc. | Reduce -53.8% | 0.03% | −0.06 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.06 |
| CAOS Alpha Architect Tail Risk | Sold out | 0.00% | −0.05 |
| VOO Vanguard S&P 500 ETF | Reduce -51.8% | 0.05% | −0.05 |
| AVRE Avantis Real Estate ETF | Reduce -1.6% | 0.72% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -3.5% | 1.02% | −0.03 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.03 |
| ACN Accenture PLC Class A | Reduce -10.8% | 0.02% | −0.02 |
| VTES Vanguard SH Term Tax-Ex Bond | Sold out | 0.00% | −0.02 |
| T AT&T Inc. | Reduce -26.9% | 0.02% | −0.02 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.01 |
| BMOP BNY Meln Munipl Opp ETF | Sold out | 0.00% | −0.01 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.01 |
| TSLA Tesla Inc. | Reduce -27.6% | 0.04% | −0.01 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.3% | 0.03% | −0.01 |
| COP Conocophillips | Sold out | 0.00% | −0.01 |
| MCHI iShares MSCI China ETF | Sold out | 0.00% | −0.01 |
| VIAV Viavi Solutions Inc. | Sold out | 0.00% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -4.5% | 0.08% | −0.01 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.01 |
| GLD SPDR Gold Shares | Reduce -5.7% | 0.03% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.0% | 0.44% | −0.01 |
| DFAI Dimensional International Co. | Reduce -4.0% | 0.13% | −0.01 |
| RWO State Street SPDR Dow Jones | Reduce -4.7% | 0.15% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -43.0% | 0.03% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -43.4% | 0.01% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -10.1% | 0.03% | −0.01 |
| CLW Clearwater Paper Corp. | Sold out | 0.00% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -4.5% | 0.02% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -21.3% | 0.02% | −0.01 |
| NEO Neogenomics Inc. | Sold out | 0.00% | −0.00 |
| ICSH iShares Ultra Short Duration | Reduce -11.0% | 0.01% | −0.00 |
| PFE Pfizer Inc. | Reduce -2.3% | 0.01% | −0.00 |
| UL Unilever PLC-Sponsored ADR | Reduce -0.3% | 0.07% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -4.1% | 0.43% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -4.7% | 0.02% | −0.00 |
| LOW Lowe's Cos Inc. | Reduce -0.2% | 0.01% | −0.00 |
| PSX Phillips 66 | Reduce -0.2% | 0.01% | −0.00 |
| DNUT Krispy Kreme Inc. | Sold out | 0.00% | −0.00 |
| BA The Boeing Co. | Reduce -5.7% | 0.02% | −0.00 |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | Reduce -4.4% | 0.00% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -5.0% | 0.05% | −0.00 |
| CL Colgate-Palmolive Co. | Reduce -0.0% | 0.02% | −0.00 |
| UHG United Homes Group Inc. | Sold out | 0.00% | −0.00 |
| BYND Beyond Meat Inc. | Sold out | 0.00% | −0.00 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -3.2% | 0.01% | +0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| VTI VG Morningstar TS MKT ETF-US | Add +2.0% | 17.83% | +1.08 |
| SBUX Starbucks Corp. | New | 0.15% | +0.15 |
| ITOT iShares Core S&P Total U.S. | Add +1.4% | 1.77% | +0.10 |
| AMD Advanced Micro Devices | Add +53.8% | 0.11% | +0.08 |
| LRCX Lam Research Corp. | Add +14.8% | 0.12% | +0.06 |
| AMAT Applied Materials Inc. | Add +15.2% | 0.10% | +0.05 |
| NVDA Nvidia Corp. | Add +0.6% | 1.00% | +0.04 |
| CAT Caterpillar Inc. | Add +1.1% | 0.14% | +0.04 |
| KLAC KLA Corp. | New | 0.04% | +0.04 |
| QCOM Qualcomm Inc. | Add +0.0% | 0.15% | +0.04 |
| JMST JPM Ultra-Short Muni Income | Add +128.3% | 0.06% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +0.3% | 4.81% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.2% | 0.06% | +0.03 |
| DFAU Dimensional US Core Equity M | Add +14.2% | 0.17% | +0.03 |
| SPCX Space Exploration Techn Class A | New | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | New | 0.02% | +0.02 |
| ALK Alaska Air Group Inc. | Add +4.6% | 0.08% | +0.02 |
| SNDK Sandisk Corp. | New | 0.02% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.2% | 0.17% | +0.02 |
| DFIC Dimensional International Co. | Add +52.6% | 0.06% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.0% | 0.12% | +0.02 |
| SMH Vaneck Semiconductor ETF | New | 0.02% | +0.02 |
| ARM Arm Holdings PLC-ADR | New | 0.01% | +0.01 |
| JEPQ JPM Nasdaq Equity Premium | Add +36.4% | 0.05% | +0.01 |
| URI United Rentals Inc. | New | 0.01% | +0.01 |
| ALAB Astera Labs Inc. | New | 0.01% | +0.01 |
| XLI SS Industrial Select Sector | New | 0.01% | +0.01 |
| RTX RTX Corp. | New | 0.01% | +0.01 |
| ADBE Adobe Inc. | New | 0.01% | +0.01 |
| IVW iShares S&P 500 Growth ETF | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +14.0% | 0.04% | +0.01 |
| IVT Inventrust Properties Corp. | New | 0.01% | +0.01 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.01% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | New | 0.01% | +0.01 |
| ANET Arista Networks Inc. | New | 0.01% | +0.01 |
| FICO Fair Isaac Corp. | New | 0.01% | +0.01 |
| VRT Vertiv Holdings Co. Class A | New | 0.01% | +0.01 |
| GEV GE Vernova Inc. | Add +4.3% | 0.04% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +12.2% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +0.4% | 0.11% | +0.01 |
| IXUS iShares Core Intl Stock ETF | Add +0.6% | 4.24% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.8% | 0.03% | +0.01 |
| LW Lamb Weston Holdings Inc. | Add +37.3% | 0.04% | +0.01 |
| AVGO Broadcom Inc. | Add +21.3% | 0.03% | +0.01 |
| GE General Electric | Add +1.1% | 0.04% | +0.01 |
| HOOD Robinhood Markets Inc. Class A | Add +17.5% | 0.02% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +0.7% | 0.03% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +0.6% | 0.02% | +0.01 |
| FITB Fifth Third Bancorp | Add +0.6% | 0.05% | +0.00 |
Options Activity Q1 2026 → Q2 2026
| MSTR Strategy Inc. | call | Sold out | 3,000 | $374Kbefore 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 | 191 | $2.1B | VTI, IWB, DFAC, NFRA, BND |
| Q1 2026 | 185 | $1.9B | VTI, IWB, DFAC, NFRA, BND |
| Q4 2025 | 184 | $1.9B | VTI, IWB, DFAC, NFRA, BND |
| Q3 2025 | 182 | $1.8B | VTI, IWB, DFAC, NFRA, BND |
| Q2 2025 | 175 | $1.7B | VTI, IWB, DFAC, NFRA, BND |
| Q1 2025 | 156 | $1.6B | VTI, IWB, DFAC, BND, NFRA |
| Q4 2024 | 155 | $1.6B | VTI, IWB, DFAC, BND, NFRA |
| Q3 2024 | 157 | $1.6B | VTI, IWB, DFAC, NFRA, BND |
| Q2 2024 | 157 | $1.5B | VTI, IWB, DFAC, BND, NFRA |
| Q1 2024 | 150 | $1.5B | VTI, IWB, DFAC, BND, NFRA |