Capstone Financial Advisors, Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Capstone Financial Advisors, Inc. reported 157 stock positions worth $1.6 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 16.2% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 13.5%) and Dimensional US Core Equity 2 (DFAC, 11.7%). Compared with Q2 2024, it opened 12 new positions, sold out of 12, added to 92 and reduced 35. The biggest buy was NT GLBL BRD Infra ETF (NFRA, shares +16%) and the biggest sale Vanguard Total Intl Stock (VXUS, shares −22%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001599217
- Portfolio Value
- $1.6B (Q3 2024)
- SEC Filing
- 0001599217-24-000012 ↗ filed Nov 14, 2024
Holdings Value
Holdings 157 stocks · $1.6B
| VTI VG Morningstar TS MKT ETF-US | 16.22% | 931,278 | $263.7M | Add +5.6% |
| IWB iShares Russell 1000 ETF | 13.45% | 695,547 | $218.7M | Add +1.0% |
| DFAC Dimensional US Core Equity 2 | 11.70% | 5,547,011 | $190.2M | Add +6.4% |
| NFRA NT GLBL BRD Infra ETF | 7.44% | 2,034,668 | $120.9M | Add +15.5% |
| BND Vanguard Total Bond Market | 7.41% | 1,604,215 | $120.5M | Add +4.9% |
| VXUS Vanguard Total Intl Stock | 4.72% | 1,184,135 | $76.7M | Reduce -22.5% |
| MCD McDonald's Corp. | 4.01% | 213,779 | $65.1M | Reduce -4.3% |
| IXUS iShares Core Intl Stock ETF | 3.95% | 885,041 | $64.3M | Reduce -15.1% |
| DFAX Dimensional World Ex US Core | 3.71% | 2,234,354 | $60.3M | Reduce -22.3% |
| BNDX Vanguard Total Intl Bond ETF | 3.09% | 1,000,164 | $50.3M | Add +3.9% |
| IWF iShares Russell 1000 Growth | 2.49% | 107,692 | $40.4M | Add +0.0% |
| AAPL Apple Inc. | 2.28% | 159,051 | $37.1M | Reduce -0.8% |
| TLTD NT Dev Exus Ftilt ETF | 2.20% | 476,239 | $35.7M | Reduce -5.9% |
| TILT NT Mstar US Ftilt ETF | 2.13% | 162,784 | $34.6M | Reduce -0.5% |
| REET iShares Global REIT ETF | 1.39% | 847,980 | $22.6M | Add +2.1% |
| ITOT iShares Core S&P Total U.S. | 1.30% | 167,653 | $21.1M | Add +2.6% |
| AVRE Avantis Real Estate ETF | 0.77% | 264,568 | $12.5M | Reduce -10.4% |
| JPM JPMorgan Chase & Co. | 0.70% | 54,228 | $11.4M | Add +1.9% |
| AGG iShares Core U.S. Aggregate | 0.59% | 94,155 | $9.5M | Add +1.3% |
| MDY State Street SPDR S&P Midcap | 0.56% | 16,112 | $9.2M | Reduce -0.6% |
| MSFT Microsoft Corp. | 0.54% | 20,257 | $8.7M | Add +40.0% |
| VIG Vanguard Dividend Apprec ETF | 0.53% | 43,303 | $8.6M | Add +1.6% |
| IAGG iShares Intl Aggregate Bond | 0.44% | 138,707 | $7.2M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 0.44% | 38,365 | $7.1M | Reduce -6.2% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.40% | 6,183 | $6.4M | Add +0.0% |
| IWM iShares Russell 2000 ETF | 0.37% | 27,550 | $6.1M | Add +9.2% |
| IGF iShares Global Infrastructur | 0.37% | 110,339 | $6.0M | Add +550.9% |
| VTWO Vanguard Russell 2000 ETF | 0.36% | 64,865 | $5.8M | Add +32.4% |
| VONE Vanguard Russell 1000 | 0.33% | 20,629 | $5.4M | Add +2.0% |
| NVDA Nvidia Corp. | 0.31% | 41,797 | $5.1M | Reduce -1.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.31% | 98,099 | $5.0M | Add +1.9% |
| CME Cme Group Inc. | 0.27% | 20,156 | $4.4M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.22% | 4,004 | $3.5M | Add +9.4% |
| RWO State Street SPDR Dow Jones | 0.19% | 66,409 | $3.2M | Add +0.8% |
| QCOM Qualcomm Inc. | 0.19% | 17,772 | $3.0M | Add +0.1% |
| TY Tri-Continental Corp. | 0.15% | 75,513 | $2.5M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 4,110 | $2.4M | Add +6.5% |
| MUB iShares National Muni Bond E | 0.13% | 19,713 | $2.1M | Add +1.3% |
| ACN Accenture PLC Class A | 0.12% | 5,482 | $1.9M | Reduce -3.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 4,008 | $1.8M | Add +0.4% |
| ETN Eaton Corp. PLC | 0.11% | 5,404 | $1.8M | Add +0.1% |
| LLY Eli Lilly & Co. | 0.11% | 1,942 | $1.7M | Add +180.6% |
| UL Unilever PLC | 0.10% | 25,673 | $1.7M | Add +0.7% |
| GIS General Mills Inc. | 0.10% | 21,478 | $1.6M | Add +0.0% |
| JNJ Johnson & Johnson | 0.09% | 9,334 | $1.5M | Add +6.3% |
| XOM Exxon Mobil Corp. | 0.09% | 12,834 | $1.5M | Add +0.3% |
| CI The Cigna Group | 0.09% | 4,181 | $1.4M | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.08% | 2,374 | $1.4M | Add +8.4% |
| LUMN Lumen Technologies Inc. | 0.08% | 185,686 | $1.3M | Add +2.8% |
| CBOE Cboe Global Markets Inc. | 0.08% | 6,377 | $1.3M | Reduce -0.6% |
| DFAU Dimensional US Core Equity M | 0.08% | 32,769 | $1.3M | Add +0.3% |
| KO The Coca-Cola Co. | 0.08% | 17,022 | $1.2M | Add +0.3% |
| TSLA Tesla Inc. | 0.07% | 4,509 | $1.2M | Add +7.0% |
| BMY Bristol-Myers Squibb Co. | 0.07% | 22,434 | $1.2M | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.07% | 2,965 | $1.2M | Add +5.6% |
| MRK Merck & Co. Inc. | 0.07% | 10,045 | $1.1M | Reduce -1.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 5,032 | $1.1M | Reduce -0.7% |
| DRI Darden Restaurants Inc. | 0.07% | 6,620 | $1.1M | Add +0.1% |
| WBA Walgreens Boots Alliance Inc. | 0.06% | 114,640 | $1.0M | Add +7.1% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.06% | 5,855 | $987K | Add +8.4% |
| FITB Fifth Third Bancorp | 0.06% | 21,922 | $939K | Reduce -5.2% |
| CMG Chipotle Mexican Grill Inc. | 0.05% | 15,365 | $885K | Reduce -5.2% |
| VOO Vanguard S&P 500 ETF | 0.05% | 1,659 | $876K | Add +1.2% |
| ADX Adams Diversified Equity | 0.05% | 38,823 | $837K | Add +1.0% |
| ICE Intercontinental Exchange Inc. | 0.05% | 5,196 | $835K | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.05% | 1,651 | $806K | Reduce -27.7% |
| LW Lamb Weston Holdings Inc. | 0.05% | 12,388 | $802K | Add +0.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.05% | 7,233 | $800K | New |
| GOOGL Alphabet Inc. Class A | 0.05% | 4,816 | $799K | Reduce -16.8% |
| INTC Intel Corp. | 0.05% | 33,454 | $785K | Add +33.0% |
| DJT Trump Media & Technology Gro | 0.05% | 47,798 | $768K | Add +171.6% |
| IWV iShares Russell 3000 ETF | 0.05% | 2,321 | $758K | Add +0.3% |
| IVV iShares Core S&P 500 ETF | 0.05% | 1,314 | $758K | Add +0.2% |
| AMGN Amgen Inc. | 0.05% | 2,321 | $748K | Add +20.4% |
| ABBV Abbvie Inc. | 0.05% | 3,740 | $739K | Add +14.8% |
| ESGV Vanguard ESG US Stock ETF | 0.04% | 7,186 | $730K | Reduce -15.2% |
| ALK Alaska Air Group Inc. | 0.04% | 15,972 | $722K | No change |
| PG The Procter & Gamble Co. | 0.04% | 3,882 | $672K | Add +21.4% |
| PEP Pepsico Inc. | 0.04% | 3,797 | $646K | Add +0.5% |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 17,019 | $633K | Add +26.5% |
| DFAI Dimensional International Co. | 0.04% | 19,607 | $623K | Reduce -56.0% |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 10,044 | $598K | Add +1.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.04% | 11,572 | $589K | Reduce -3.7% |
| DFIC Dimensional International Co. | 0.04% | 20,750 | $584K | No change |
| ICSH iShares Ultra Short Duration | 0.04% | 11,344 | $576K | Add +1.4% |
| AGGY Wisdomtree Yield Enhanced US | 0.03% | 12,660 | $566K | Add +1.1% |
| CL Colgate-Palmolive Co. | 0.03% | 5,083 | $528K | Add +0.3% |
| SCHB Schwab US Broad Market ETF | 0.03% | 7,914 | $526K | Add +0.1% |
| CVX Chevron Corp. | 0.03% | 3,145 | $463K | Add +0.7% |
| ABT Abbott Laboratories | 0.03% | 4,014 | $458K | Add +17.4% |
| BY Byline Bancorp Inc. | 0.03% | 15,871 | $425K | No change |
| PTLO Portillo's Inc. Class A | 0.03% | 31,464 | $424K | Reduce -16.1% |
| VEA Vanguard Ftse Developed ETF | 0.03% | 8,023 | $424K | Reduce -23.7% |
| HD Home Depot Inc. | 0.03% | 1,028 | $417K | Add +1.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 1,459 | $409K | Add +6.4% |
| MA Mastercard Inc. Class A | 0.02% | 809 | $399K | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.02% | 674 | $394K | Add +1.2% |
| KMX Carmax Inc. | 0.02% | 5,000 | $387K | No change |
| EZBC Franklin Bitcoin ETF | 0.02% | 10,400 | $383K | Add +20.2% |
| FICO Fair Isaac Corp. | 0.02% | 188 | $365K | Add +1.1% |
Options reported separately and not counted above: MCD puts ($365K).
Portfolio Sells Q2 2024 → Q3 2024
| VXUS Vanguard Total Intl Stock | Reduce -22.5% | 4.72% | −1.37 |
| DFAX Dimensional World Ex US Core | Reduce -22.3% | 3.71% | −1.11 |
| IXUS iShares Core Intl Stock ETF | Reduce -15.1% | 3.95% | −0.69 |
| TLTD NT Dev Exus Ftilt ETF | Reduce -5.9% | 2.20% | −0.14 |
| AMZN Amazon.com Inc. | Reduce -6.2% | 0.44% | −0.08 |
| DFAI Dimensional International Co. | Reduce -56.0% | 0.04% | −0.05 |
| AVRE Avantis Real Estate ETF | Reduce -10.4% | 0.77% | −0.04 |
| NVDA Nvidia Corp. | Reduce -1.6% | 0.31% | −0.03 |
| DSL Doubleline Income Solutions | Sold out | 0.00% | −0.03 |
| TILT NT Mstar US Ftilt ETF | Reduce -0.5% | 2.13% | −0.03 |
| IAGG iShares Intl Aggregate Bond | Reduce -2.6% | 0.44% | −0.03 |
| DLY Doubleline Yield Opport | Sold out | 0.00% | −0.03 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Sold out | 0.00% | −0.02 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Sold out | 0.00% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -27.7% | 0.05% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -16.8% | 0.05% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -49.2% | 0.02% | −0.02 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.02 |
| EPD Enterprise Products Partners | Sold out | 0.00% | −0.02 |
| IDEV iShares Core MSCI Dev MKTS | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -1.0% | 0.07% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -5.2% | 0.05% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -15.2% | 0.04% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -23.7% | 0.03% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -0.6% | 0.56% | −0.01 |
| F Ford Motor Co. | Reduce -11.7% | 0.02% | −0.01 |
| PFN PIMCO Income Strategy FD II | Sold out | 0.00% | −0.01 |
| STXF Strive 500 ETF | Reduce -22.2% | 0.02% | −0.01 |
| T AT&T Inc. | Reduce -35.8% | 0.01% | −0.01 |
| XLV SS Health Care Select Sector | Reduce -24.5% | 0.01% | −0.00 |
| JMST JPM Ultra-Short Muni Income | Reduce -3.7% | 0.04% | −0.00 |
| TWKS Thoughtworks Holding Inc. | Sold out | 0.00% | −0.00 |
| FIGS Figs Inc. Class A | Sold out | 0.00% | −0.00 |
| ABERDEEN ASIA PACIFIC INCOM | Sold out | 0.00% | −0.00 |
| COMP Compass Inc. Class A | Sold out | 0.00% | −0.00 |
| HON Honeywell International Inc. | Reduce -6.0% | 0.01% | −0.00 |
| AMD Advanced Micro Devices | Reduce -0.1% | 0.02% | −0.00 |
| ZVIA Zevia PBC-A | Reduce -23.1% | 0.00% | +0.00 |
| PTLO Portillo's Inc. Class A | Reduce -16.1% | 0.03% | +0.00 |
| FITB Fifth Third Bancorp | Reduce -5.2% | 0.06% | +0.00 |
| ICE Intercontinental Exchange Inc. | Reduce -0.6% | 0.05% | +0.00 |
| ACN Accenture PLC Class A | Reduce -3.8% | 0.12% | +0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -0.6% | 0.08% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.1% | 0.07% | +0.01 |
| IBM Intl Business Machines Corp. | Reduce -0.7% | 0.07% | +0.01 |
| AAPL Apple Inc. | Reduce -0.8% | 2.28% | +0.05 |
| MCD McDonald's Corp. | Reduce -4.3% | 4.01% | +0.25 |
Portfolio Buys Q2 2024 → Q3 2024
| NFRA NT GLBL BRD Infra ETF | Add +15.5% | 7.44% | +1.25 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.6% | 16.22% | +0.65 |
| DFAC Dimensional US Core Equity 2 | Add +6.4% | 11.70% | +0.60 |
| IGF iShares Global Infrastructur | Add +550.9% | 0.37% | +0.32 |
| BND Vanguard Total Bond Market | Add +4.9% | 7.41% | +0.14 |
| REET iShares Global REIT ETF | Add +2.1% | 1.39% | +0.12 |
| MSFT Microsoft Corp. | Add +40.0% | 0.54% | +0.11 |
| VTWO Vanguard Russell 2000 ETF | Add +32.4% | 0.36% | +0.09 |
| LUMN Lumen Technologies Inc. | Add +2.8% | 0.08% | +0.07 |
| LLY Eli Lilly & Co. | Add +180.6% | 0.11% | +0.06 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.05% | +0.05 |
| IWM iShares Russell 2000 ETF | Add +9.2% | 0.37% | +0.04 |
| GWW WW Grainger Inc. | Add +0.0% | 0.40% | +0.03 |
| SCHX Schwab US Large-Cap ETF | New | 0.02% | +0.02 |
| LMT Lockheed Martin Corp. | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +7.0% | 0.07% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +26.5% | 0.04% | +0.02 |
| LOW Lowe's Cos Inc. | New | 0.02% | +0.02 |
| ITOT iShares Core S&P Total U.S. | Add +2.6% | 1.30% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +1.6% | 0.53% | +0.01 |
| XLP SS Consumer Staples Sel Sect | New | 0.01% | +0.01 |
| RWO State Street SPDR Dow Jones | Add +0.8% | 0.19% | +0.01 |
| BAC Bank of America Corp. | New | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +9.4% | 0.22% | +0.01 |
| CSCO Cisco Systems Inc. | New | 0.01% | +0.01 |
| NOBL Proshares S&P 500 Dividend A | New | 0.01% | +0.01 |
| URI United Rentals Inc. | New | 0.01% | +0.01 |
| XLI SS Industrial Select Sector | New | 0.01% | +0.01 |
| CME Cme Group Inc. | Add +0.0% | 0.27% | +0.01 |
| MSTR Strategy Inc. | Add +8.4% | 0.06% | +0.01 |
| META Meta Platforms Inc. Class A | Add +8.4% | 0.08% | +0.01 |
| UL Unilever PLC | Add +0.7% | 0.10% | +0.01 |
| CAT Caterpillar Inc. | Add +5.6% | 0.07% | +0.01 |
| DJT Trump Media & Technology Gro | Add +171.6% | 0.05% | +0.01 |
| ABBV Abbvie Inc. | Add +14.8% | 0.05% | +0.01 |
| JNJ Johnson & Johnson | Add +6.3% | 0.09% | +0.01 |
| GIS General Mills Inc. | Add +0.0% | 0.10% | +0.01 |
| PG The Procter & Gamble Co. | Add +21.4% | 0.04% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +6.5% | 0.15% | +0.01 |
| AMGN Amgen Inc. | Add +20.4% | 0.05% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.4% | 0.11% | +0.01 |
| ABT Abbott Laboratories | Add +17.4% | 0.03% | +0.00 |
| FICO Fair Isaac Corp. | Add +1.1% | 0.02% | +0.00 |
| KO The Coca-Cola Co. | Add +0.3% | 0.08% | +0.00 |
| EZBC Franklin Bitcoin ETF | Add +20.2% | 0.02% | +0.00 |
| GE General Electric | Add +3.9% | 0.02% | +0.00 |
| EB Eventbrite Inc. Class A | New | 0.00% | +0.00 |
| HD Home Depot Inc. | Add +1.1% | 0.03% | +0.00 |
| GGB Gerdau SA -Spon ADR | New | 0.00% | +0.00 |
| TV Grupo Televisa SA-Spon ADR | Add +50.0% | 0.01% | +0.00 |
Options Activity Q2 2024 → Q3 2024
| MCD McDonald's Corp. | put | New | 1,200 | $365K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| MCD McDonald's Corp. | COM · principal | Sold out | 1,200 | $306Kbefore exit |
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 |