Capstone Financial Advisors, Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Capstone Financial Advisors, Inc. reported 150 stock positions worth $1.5 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 15.3% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 13.6%) and Dimensional US Core Equity 2 (DFAC, 11.4%). Compared with Q4 2023, it opened 7 new positions, sold out of 8, added to 70 and reduced 39. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +1%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001599217
- Portfolio Value
- $1.5B (Q1 2024)
- SEC Filing
- 0001599217-24-000006 ↗ filed May 14, 2024
Holdings Value
Holdings 150 stocks · $1.5B
| VTI VG Morningstar TS MKT ETF-US | 15.25% | 873,189 | $226.9M | Add +1.0% |
| IWB iShares Russell 1000 ETF | 13.57% | 701,251 | $202.0M | Reduce -0.8% |
| DFAC Dimensional US Core Equity 2 | 11.40% | 5,307,131 | $169.6M | Add +0.1% |
| BND Vanguard Total Bond Market | 7.13% | 1,460,213 | $106.1M | Add +4.0% |
| NFRA NT GLBL BRD Infra ETF | 6.38% | 1,739,642 | $95.0M | Add +1.3% |
| VXUS Vanguard Total Intl Stock | 6.05% | 1,493,315 | $90.0M | Add +3.2% |
| DFAX Dimensional World Ex US Core | 4.91% | 2,871,232 | $73.0M | Add +2.0% |
| IXUS iShares Core Intl Stock ETF | 4.74% | 1,039,269 | $70.5M | Add +0.4% |
| MCD McDonald's Corp. | 4.19% | 220,900 | $62.3M | Add +0.2% |
| BNDX Vanguard Total Intl Bond ETF | 3.07% | 930,046 | $45.7M | Add +2.6% |
| IWF iShares Russell 1000 Growth | 2.44% | 107,577 | $36.3M | Add +0.1% |
| TLTD NT Dev Exus Ftilt ETF | 2.42% | 501,879 | $36.0M | Add +0.1% |
| TILT NT Mstar US Ftilt ETF | 2.21% | 166,057 | $32.9M | Reduce -1.0% |
| AAPL Apple Inc. | 1.91% | 165,354 | $28.4M | Reduce -1.0% |
| REET iShares Global REIT ETF | 1.42% | 893,173 | $21.2M | Reduce -2.2% |
| ITOT iShares Core S&P Total U.S. | 1.32% | 170,636 | $19.7M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 0.71% | 52,959 | $10.6M | Add +0.2% |
| AGG iShares Core U.S. Aggregate | 0.65% | 98,066 | $9.6M | Reduce -5.3% |
| MDY State Street SPDR S&P Midcap | 0.61% | 16,229 | $9.0M | Reduce -0.4% |
| VIG Vanguard Dividend Apprec ETF | 0.57% | 46,430 | $8.5M | Reduce -3.3% |
| AMZN Amazon.com Inc. | 0.51% | 41,707 | $7.5M | Add +18.4% |
| IAGG iShares Intl Aggregate Bond | 0.49% | 147,336 | $7.4M | Reduce -3.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.42% | 6,190 | $6.3M | Add +534.9% |
| MSFT Microsoft Corp. | 0.41% | 14,523 | $6.1M | Reduce -0.5% |
| IWM iShares Russell 2000 ETF | 0.36% | 25,443 | $5.4M | Reduce -0.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.33% | 97,309 | $4.9M | Add +8.7% |
| VONE Vanguard Russell 1000 | 0.32% | 20,133 | $4.8M | Reduce -1.4% |
| CME Cme Group Inc. | 0.29% | 20,146 | $4.3M | Add +0.1% |
| NVDA Nvidia Corp. | 0.29% | 4,728 | $4.3M | Add +14.5% |
| VTWO Vanguard Russell 2000 ETF | 0.28% | 48,536 | $4.1M | Add +0.9% |
| QCOM Qualcomm Inc. | 0.20% | 17,858 | $3.0M | Reduce -0.1% |
| RWO State Street SPDR Dow Jones | 0.19% | 65,204 | $2.8M | Add +0.6% |
| COST Costco Wholesale Corp. | 0.18% | 3,755 | $2.8M | Reduce -2.3% |
| TY Tri-Continental Corp. | 0.16% | 75,513 | $2.3M | No change |
| WBA Walgreens Boots Alliance Inc. | 0.15% | 105,937 | $2.3M | Add +0.2% |
| MUB iShares National Muni Bond E | 0.15% | 20,319 | $2.2M | Reduce -6.7% |
| ACN Accenture PLC Class A | 0.14% | 6,139 | $2.1M | Reduce -13.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.13% | 3,695 | $1.9M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 4,018 | $1.7M | Add +0.6% |
| ETN Eaton Corp. PLC | 0.11% | 5,400 | $1.7M | Reduce -1.2% |
| CI The Cigna Group | 0.10% | 4,167 | $1.5M | Add +0.6% |
| GIS General Mills Inc. | 0.10% | 21,469 | $1.5M | Reduce -1.6% |
| AVRE Avantis Real Estate ETF | 0.10% | 35,070 | $1.5M | Add +6.8% |
| XOM Exxon Mobil Corp. | 0.10% | 12,618 | $1.5M | Add +0.3% |
| JNJ Johnson & Johnson | 0.09% | 8,773 | $1.4M | Reduce -0.8% |
| DFAI Dimensional International Co. | 0.09% | 44,531 | $1.3M | Add +7.9% |
| LW Lamb Weston Holdings Inc. | 0.09% | 12,385 | $1.3M | No change |
| MRK Merck & Co. Inc. | 0.09% | 9,939 | $1.3M | Add +7.2% |
| UL Unilever PLC | 0.09% | 25,280 | $1.3M | Add +0.9% |
| BMY Bristol-Myers Squibb Co. | 0.08% | 22,138 | $1.2M | Add +55.8% |
| DFAU Dimensional US Core Equity M | 0.08% | 32,716 | $1.2M | Reduce -0.5% |
| CBOE Cboe Global Markets Inc. | 0.08% | 6,409 | $1.2M | Reduce -2.2% |
| DRI Darden Restaurants Inc. | 0.07% | 6,617 | $1.1M | Reduce -6.4% |
| KO The Coca-Cola Co. | 0.07% | 16,948 | $1.0M | Add +0.2% |
| CAT Caterpillar Inc. | 0.07% | 2,824 | $1.0M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 2,283 | $1.0M | No change |
| INTC Intel Corp. | 0.07% | 22,549 | $996K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.07% | 2,015 | $979K | Add +18.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.06% | 5,061 | $966K | Add +2.4% |
| FITB Fifth Third Bancorp | 0.06% | 24,445 | $910K | Reduce -3.5% |
| CMG Chipotle Mexican Grill Inc. | 0.06% | 307 | $892K | No change |
| GOOGL Alphabet Inc. Class A | 0.06% | 5,845 | $882K | Reduce -9.3% |
| VOO Vanguard S&P 500 ETF | 0.06% | 1,757 | $844K | Add +4.7% |
| IGF iShares Global Infrastructur | 0.05% | 16,952 | $807K | Add +1.7% |
| TSLA Tesla Inc. | 0.05% | 4,500 | $791K | Add +3.0% |
| ESGV Vanguard ESG US Stock ETF | 0.05% | 8,418 | $784K | Add +0.7% |
| ADX Adams Diversified Equity | 0.05% | 38,387 | $749K | Add +0.1% |
| ICE Intercontinental Exchange Inc. | 0.05% | 5,191 | $713K | Add +0.3% |
| IWV iShares Russell 3000 ETF | 0.05% | 2,308 | $693K | Add +0.3% |
| ALK Alaska Air Group Inc. | 0.05% | 15,972 | $687K | Add +25.9% |
| ABBV Abbvie Inc. | 0.05% | 3,691 | $672K | Reduce -2.3% |
| IVV iShares Core S&P 500 ETF | 0.04% | 1,219 | $641K | Add +12.0% |
| PEP Pepsico Inc. | 0.04% | 3,504 | $613K | Reduce -1.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.04% | 10,402 | $610K | Add +0.1% |
| VEA Vanguard Ftse Developed ETF | 0.04% | 11,663 | $585K | Add +0.4% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.04% | 11,427 | $580K | Reduce -12.1% |
| ICSH iShares Ultra Short Duration | 0.04% | 11,351 | $574K | Add +0.3% |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 9,687 | $561K | Add +1.9% |
| DFIC Dimensional International Co. | 0.04% | 20,750 | $555K | No change |
| AMGN Amgen Inc. | 0.04% | 1,925 | $547K | Add +2.5% |
| AGGY Wisdomtree Yield Enhanced US | 0.04% | 12,394 | $538K | Add +1.0% |
| PG The Procter & Gamble Co. | 0.03% | 3,195 | $518K | Add +2.6% |
| CVX Chevron Corp. | 0.03% | 3,265 | $515K | Reduce -0.5% |
| SCHB Schwab US Broad Market ETF | 0.03% | 8,006 | $489K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.03% | 628 | $489K | Add +43.0% |
| BA The Boeing Co. | 0.03% | 2,357 | $455K | Reduce -11.3% |
| ESTC Elastic NV | 0.03% | 4,481 | $449K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 1,371 | $440K | Add +3.8% |
| KMX Carmax Inc. | 0.03% | 5,000 | $436K | No change |
| DSL Doubleline Income Solutions | 0.03% | 34,224 | $435K | No change |
| CL Colgate-Palmolive Co. | 0.03% | 4,800 | $432K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.03% | 3,465 | $424K | Add +15.3% |
| UNH Unitedhealth Group Inc. | 0.03% | 844 | $418K | No change |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.03% | 31,036 | $412K | Reduce -13.7% |
| ABT Abbott Laboratories | 0.03% | 3,589 | $408K | Reduce -2.2% |
| MPC Marathon Petroleum Corp. | 0.03% | 1,937 | $390K | Add +1.9% |
| HD Home Depot Inc. | 0.03% | 1,013 | $389K | Reduce -14.9% |
| MA Mastercard Inc. Class A | 0.03% | 802 | $386K | No change |
| DLY Doubleline Yield Opport | 0.03% | 24,144 | $385K | No change |
| ADM Archer-Daniels-Midland Co. | 0.02% | 5,849 | $367K | Add +4.7% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $338K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MCD McDonald's Corp. | COM · principal | 1,200 | $338K | New |
Total filed on the 13F, all lines: $1.5B.
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.0% | 1.91% | −0.40 |
| REET iShares Global REIT ETF | Reduce -2.2% | 1.42% | −0.16 |
| AGG iShares Core U.S. Aggregate | Reduce -5.3% | 0.65% | −0.09 |
| IAGG iShares Intl Aggregate Bond | Reduce -3.1% | 0.49% | −0.05 |
| VGLT Vanguard Long-Term Treasury | Reduce -69.5% | 0.02% | −0.04 |
| ACN Accenture PLC Class A | Reduce -13.8% | 0.14% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -6.7% | 0.15% | −0.02 |
| RQI Cohen & Steers Qual Inc. RLTY | Sold out | 0.00% | −0.02 |
| T AT&T Inc. | Reduce -53.8% | 0.02% | −0.02 |
| BA The Boeing Co. | Reduce -11.3% | 0.03% | −0.02 |
| ENB Enbridge Inc. | Sold out | 0.00% | −0.02 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.02 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.02 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.3% | 0.57% | −0.02 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.02 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.02 |
| COP Conocophillips | Sold out | 0.00% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -0.9% | 0.36% | −0.01 |
| DRI Darden Restaurants Inc. | Reduce -6.4% | 0.07% | −0.01 |
| PFE Pfizer Inc. | Reduce -24.9% | 0.02% | −0.01 |
| JMST JPM Ultra-Short Muni Income | Reduce -12.1% | 0.04% | −0.01 |
| JNJ Johnson & Johnson | Reduce -0.8% | 0.09% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -9.3% | 0.06% | −0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -2.2% | 0.08% | −0.00 |
| F Ford Motor Co. | Reduce -13.7% | 0.03% | −0.00 |
| HD Home Depot Inc. | Reduce -14.9% | 0.03% | −0.00 |
| PEP Pepsico Inc. | Reduce -1.2% | 0.04% | −0.00 |
| ABT Abbott Laboratories | Reduce -2.2% | 0.03% | −0.00 |
| FITB Fifth Third Bancorp | Reduce -3.5% | 0.06% | −0.00 |
| ARW Arrow Electronics Inc. | Reduce -4.0% | 0.02% | −0.00 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Reduce -2.2% | 0.02% | −0.00 |
| GIS General Mills Inc. | Reduce -1.6% | 0.10% | −0.00 |
| CVX Chevron Corp. | Reduce -0.5% | 0.03% | −0.00 |
| IDEV iShares Core MSCI Dev MKTS | Reduce -1.6% | 0.02% | −0.00 |
| EPD Enterprise Products Partners | Reduce -0.0% | 0.02% | +0.00 |
| DFAU Dimensional US Core Equity M | Reduce -0.5% | 0.08% | +0.00 |
| COST Costco Wholesale Corp. | Reduce -2.3% | 0.18% | +0.00 |
| ABBV Abbvie Inc. | Reduce -2.3% | 0.05% | +0.00 |
| VONE Vanguard Russell 1000 | Reduce -1.4% | 0.32% | +0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -0.4% | 0.61% | +0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -1.5% | 1.32% | +0.02 |
| MSFT Microsoft Corp. | Reduce -0.5% | 0.41% | +0.02 |
| QCOM Qualcomm Inc. | Reduce -0.1% | 0.20% | +0.02 |
| ETN Eaton Corp. PLC | Reduce -1.2% | 0.11% | +0.02 |
| TILT NT Mstar US Ftilt ETF | Reduce -1.0% | 2.21% | +0.02 |
| IWB iShares Russell 1000 ETF | Reduce -0.8% | 13.57% | +0.30 |
Portfolio Buys Q4 2023 → Q1 2024
| VTI VG Morningstar TS MKT ETF-US | Add +1.0% | 15.25% | +0.57 |
| GWW WW Grainger Inc. | Add +534.9% | 0.42% | +0.37 |
| DFAC Dimensional US Core Equity 2 | Add +0.1% | 11.40% | +0.29 |
| NVDA Nvidia Corp. | Add +14.5% | 0.29% | +0.14 |
| AMZN Amazon.com Inc. | Add +18.4% | 0.51% | +0.12 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 2.44% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +0.2% | 0.71% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +3.2% | 6.05% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +55.8% | 0.08% | +0.03 |
| META Meta Platforms Inc. Class A | Add +18.6% | 0.07% | +0.02 |
| MRK Merck & Co. Inc. | Add +7.2% | 0.09% | +0.02 |
| STXF Strive 500 ETF | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +43.0% | 0.03% | +0.01 |
| GSG iShares S&P Gsci Commodity I | New | 0.01% | +0.01 |
| IJH iShares Core S&P Midcap ETF | New | 0.01% | +0.01 |
| CI The Cigna Group | Add +0.6% | 0.10% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.6% | 0.11% | +0.01 |
| ALK Alaska Air Group Inc. | Add +25.9% | 0.05% | +0.01 |
| CAT Caterpillar Inc. | Add +1.3% | 0.07% | +0.01 |
| JYNT The Joint Corp. | New | 0.01% | +0.01 |
| DIS The Walt Disney Co. | Add +15.3% | 0.03% | +0.01 |
| XOM Exxon Mobil Corp. | Add +0.3% | 0.10% | +0.01 |
| IBM Intl Business Machines Corp. | Add +2.4% | 0.06% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +1.9% | 0.03% | +0.01 |
| DFAI Dimensional International Co. | Add +7.9% | 0.09% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +12.0% | 0.04% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.8% | 0.03% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +9.9% | 0.02% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.13% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +4.7% | 0.06% | +0.00 |
| STKS One Group Hospitality Inc. | New | 0.00% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +8.7% | 0.33% | +0.00 |
| TWKS Thoughtworks Holding Inc. | New | 0.00% | +0.00 |
| AMD Advanced Micro Devices | Add +2.6% | 0.02% | +0.00 |
| NFLX Netflix Inc. | Add +3.0% | 0.02% | +0.00 |
| VZ Verizon Communications Inc. | Add +9.2% | 0.02% | +0.00 |
| PG The Procter & Gamble Co. | Add +2.6% | 0.03% | +0.00 |
| PFN PIMCO Income Strategy FD II | Add +39.7% | 0.01% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Add +0.7% | 0.05% | +0.00 |
| ADX Adams Diversified Equity | Add +0.1% | 0.05% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +6.8% | 0.02% | +0.00 |
| IWV iShares Russell 3000 ETF | Add +0.3% | 0.05% | +0.00 |
| TMC TMC the Metals Co. Inc. | New | 0.00% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +0.1% | 0.03% | +0.00 |
| XLV SS Health Care Select Sector | Add +4.3% | 0.02% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +0.5% | 0.02% | +0.00 |
| ICE Intercontinental Exchange Inc. | Add +0.3% | 0.05% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +1.9% | 0.04% | +0.00 |
| V Visa Inc. Class A | Add +0.1% | 0.02% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +3.8% | 0.02% | −0.00 |
Notes & Other Activity Q4 2023 → Q1 2024
| MCD McDonald's Corp. | COM · principal | New | 1,200 | $338K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |