Capstone Financial Advisors, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Capstone Financial Advisors, Inc. reported 155 stock positions worth $1.6 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.0% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 13.6%) and Dimensional US Core Equity 2 (DFAC, 11.9%). Compared with Q3 2024, it opened 10 new positions, sold out of 12, added to 68 and reduced 47. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +2%) and the biggest sale Dimensional World Ex US Core (DFAX, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001599217
- Portfolio Value
- $1.6B (Q4 2024)
- SEC Filing
- 0001599217-25-000001 ↗ filed Feb 14, 2025
Holdings Value
Holdings 155 stocks · $1.6B
| VTI VG Morningstar TS MKT ETF-US | 17.03% | 950,803 | $275.6M | Add +2.1% |
| IWB iShares Russell 1000 ETF | 13.55% | 680,762 | $219.3M | Reduce -2.1% |
| DFAC Dimensional US Core Equity 2 | 11.86% | 5,551,570 | $192.0M | Add +0.1% |
| BND Vanguard Total Bond Market | 7.37% | 1,659,432 | $119.3M | Add +3.4% |
| NFRA NT GLBL BRD Infra ETF | 6.89% | 2,056,797 | $111.5M | Add +1.1% |
| VXUS Vanguard Total Intl Stock | 4.34% | 1,192,073 | $70.2M | Add +0.7% |
| MCD McDonald's Corp. | 3.88% | 216,614 | $62.8M | Add +1.3% |
| IXUS iShares Core Intl Stock ETF | 3.68% | 901,122 | $59.6M | Add +1.8% |
| DFAX Dimensional World Ex US Core | 3.41% | 2,217,826 | $55.1M | Reduce -0.7% |
| BNDX Vanguard Total Intl Bond ETF | 3.13% | 1,033,673 | $50.7M | Add +3.4% |
| IWF iShares Russell 1000 Growth | 2.86% | 115,237 | $46.3M | Add +7.0% |
| AAPL Apple Inc. | 2.41% | 155,587 | $39.0M | Reduce -2.2% |
| TILT NT Mstar US Ftilt ETF | 2.04% | 153,059 | $33.1M | Reduce -6.0% |
| TLTD NT Dev Exus Ftilt ETF | 1.99% | 467,009 | $32.2M | Reduce -1.9% |
| ITOT iShares Core S&P Total U.S. | 1.30% | 163,320 | $21.0M | Reduce -2.6% |
| REET iShares Global REIT ETF | 1.24% | 837,555 | $20.1M | Reduce -1.2% |
| AVRE Avantis Real Estate ETF | 0.89% | 342,631 | $14.4M | Add +29.5% |
| JPM JPMorgan Chase & Co. | 0.81% | 54,957 | $13.2M | Add +1.3% |
| AGG iShares Core U.S. Aggregate | 0.57% | 95,282 | $9.2M | Add +1.2% |
| MDY State Street SPDR S&P Midcap | 0.55% | 15,734 | $9.0M | Reduce -2.4% |
| VIG Vanguard Dividend Apprec ETF | 0.52% | 43,041 | $8.4M | Reduce -0.6% |
| AMZN Amazon.com Inc. | 0.49% | 36,055 | $7.9M | Reduce -6.0% |
| NVDA Nvidia Corp. | 0.48% | 57,578 | $7.7M | Add +37.8% |
| IAGG iShares Intl Aggregate Bond | 0.43% | 139,862 | $7.0M | Add +0.8% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.40% | 6,158 | $6.5M | Reduce -0.4% |
| IGF iShares Global Infrastructur | 0.40% | 123,988 | $6.5M | Add +12.4% |
| IWM iShares Russell 2000 ETF | 0.38% | 27,939 | $6.2M | Add +1.4% |
| VTWO Vanguard Russell 2000 ETF | 0.36% | 65,709 | $5.9M | Add +1.3% |
| MSFT Microsoft Corp. | 0.36% | 13,823 | $5.8M | Reduce -31.8% |
| VONE Vanguard Russell 1000 | 0.34% | 20,412 | $5.4M | Reduce -1.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.31% | 99,785 | $5.0M | Add +1.7% |
| CME Cme Group Inc. | 0.29% | 20,158 | $4.7M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.23% | 4,013 | $3.7M | Add +0.2% |
| WMT Walmart Inc. | 0.22% | 38,655 | $3.5M | New |
| RWO State Street SPDR Dow Jones | 0.18% | 66,435 | $2.8M | Add +0.0% |
| QCOM Qualcomm Inc. | 0.16% | 17,098 | $2.6M | Reduce -3.8% |
| TY Tri-Continental Corp. | 0.15% | 75,513 | $2.4M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 4,041 | $2.4M | Reduce -1.7% |
| MUB iShares National Muni Bond E | 0.13% | 19,411 | $2.1M | Reduce -1.5% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.12% | 6,716 | $1.9M | Add +14.7% |
| ACN Accenture PLC Class A | 0.11% | 5,261 | $1.9M | Reduce -4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.11% | 4,039 | $1.8M | Add +0.8% |
| ETN Eaton Corp. PLC | 0.11% | 5,404 | $1.8M | No change |
| META Meta Platforms Inc. Class A | 0.11% | 2,940 | $1.7M | Add +23.8% |
| DJT Trump Media & Technology Gro | 0.10% | 47,600 | $1.6M | Reduce -0.4% |
| UL Unilever PLC | 0.09% | 25,882 | $1.5M | Add +0.8% |
| XOM Exxon Mobil Corp. | 0.09% | 12,837 | $1.4M | Add +0.0% |
| GIS General Mills Inc. | 0.08% | 21,478 | $1.4M | No change |
| RKLB Rocket Lab USA Inc. | 0.08% | 53,213 | $1.4M | New |
| DFAU Dimensional US Core Equity M | 0.08% | 32,774 | $1.3M | Add +0.0% |
| JNJ Johnson & Johnson | 0.08% | 9,127 | $1.3M | Reduce -2.2% |
| TSLA Tesla Inc. | 0.08% | 3,236 | $1.3M | Reduce -28.2% |
| WBA Walgreens Boots Alliance Inc. | 0.08% | 136,026 | $1.3M | Add +18.6% |
| CBOE Cboe Global Markets Inc. | 0.08% | 6,382 | $1.2M | Add +0.1% |
| DRI Darden Restaurants Inc. | 0.08% | 6,620 | $1.2M | No change |
| GOOGL Alphabet Inc. Class A | 0.07% | 6,279 | $1.2M | Add +30.4% |
| PLTR Palantir Technologies Inc. Class A | 0.07% | 15,494 | $1.2M | Reduce -9.0% |
| CI The Cigna Group | 0.07% | 4,182 | $1.2M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 5,061 | $1.1M | Add +0.6% |
| KO The Coca-Cola Co. | 0.07% | 17,216 | $1.1M | Add +1.1% |
| VOO Vanguard S&P 500 ETF | 0.06% | 1,927 | $1.0M | Add +16.1% |
| CAT Caterpillar Inc. | 0.06% | 2,856 | $1.0M | Reduce -3.7% |
| BMY Bristol-Myers Squibb Co. | 0.06% | 17,849 | $1.0M | Reduce -20.4% |
| MRK Merck & Co. Inc. | 0.06% | 10,068 | $1.0M | Add +0.2% |
| LUMN Lumen Technologies Inc. | 0.06% | 185,686 | $986K | No change |
| CMG Chipotle Mexican Grill Inc. | 0.06% | 15,442 | $931K | Add +0.5% |
| FITB Fifth Third Bancorp | 0.06% | 21,923 | $927K | Add +0.0% |
| ALK Alaska Air Group Inc. | 0.05% | 13,224 | $856K | Reduce -17.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.05% | 1,654 | $846K | Add +0.2% |
| LW Lamb Weston Holdings Inc. | 0.05% | 12,388 | $828K | No change |
| ADX Adams Diversified Equity | 0.05% | 40,642 | $821K | Add +4.7% |
| IWV iShares Russell 3000 ETF | 0.05% | 2,328 | $778K | Add +0.3% |
| ESGV Vanguard ESG US Stock ETF | 0.05% | 7,351 | $771K | Add +2.3% |
| ICE Intercontinental Exchange Inc. | 0.05% | 4,961 | $739K | Reduce -4.5% |
| IVV iShares Core S&P 500 ETF | 0.05% | 1,254 | $738K | Reduce -4.6% |
| AVGO Broadcom Inc. | 0.04% | 3,037 | $704K | New |
| ABBV Abbvie Inc. | 0.04% | 3,775 | $671K | Add +0.9% |
| INTC Intel Corp. | 0.04% | 32,600 | $654K | Reduce -2.5% |
| DFAI Dimensional International Co. | 0.04% | 22,354 | $653K | Add +14.0% |
| PG The Procter & Gamble Co. | 0.04% | 3,775 | $633K | Reduce -2.8% |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 10,878 | $626K | Add +8.3% |
| ICSH iShares Ultra Short Duration | 0.04% | 11,419 | $576K | Add +0.7% |
| PEP Pepsico Inc. | 0.04% | 3,785 | $575K | Reduce -0.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 1,633 | $559K | Add +11.9% |
| AGGY Wisdomtree Yield Enhanced US | 0.03% | 12,808 | $550K | Add +1.2% |
| SCHB Schwab US Broad Market ETF | 0.03% | 24,029 | $545K | Add +1.2% |
| EZBC Franklin Bitcoin ETF | 0.03% | 10,000 | $542K | Reduce -3.9% |
| DFIC Dimensional International Co. | 0.03% | 20,750 | $536K | No change |
| NFLX Netflix Inc. | 0.03% | 586 | $522K | Add +24.4% |
| CVX Chevron Corp. | 0.03% | 3,401 | $493K | Add +8.1% |
| CL Colgate-Palmolive Co. | 0.03% | 5,083 | $462K | No change |
| HD Home Depot Inc. | 0.03% | 1,187 | $462K | Add +15.5% |
| BY Byline Bancorp Inc. | 0.03% | 15,871 | $460K | No change |
| AMGN Amgen Inc. | 0.03% | 1,665 | $434K | Reduce -28.3% |
| ABT Abbott Laboratories | 0.03% | 3,834 | $434K | Reduce -4.5% |
| MA Mastercard Inc. Class A | 0.03% | 815 | $429K | Add +0.7% |
| ESTC Elastic NV | 0.03% | 4,310 | $427K | Reduce -3.9% |
| GOOG Alphabet Inc. Class C | 0.03% | 2,167 | $413K | Add +8.0% |
| KMX Carmax Inc. | 0.03% | 5,000 | $409K | No change |
| BA The Boeing Co. | 0.02% | 2,244 | $397K | Reduce -4.8% |
Options reported separately and not counted above: MSTR calls ($869K), MCD puts ($348K).
Portfolio Sells Q3 2024 → Q4 2024
| DFAX Dimensional World Ex US Core | Reduce -0.7% | 3.41% | −0.31 |
| TLTD NT Dev Exus Ftilt ETF | Reduce -1.9% | 1.99% | −0.21 |
| MSFT Microsoft Corp. | Reduce -31.8% | 0.36% | −0.18 |
| REET iShares Global REIT ETF | Reduce -1.2% | 1.24% | −0.15 |
| TILT NT Mstar US Ftilt ETF | Reduce -6.0% | 2.04% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -78.7% | 0.02% | −0.09 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -3.8% | 0.16% | −0.02 |
| STXF Strive 500 ETF | Sold out | 0.00% | −0.02 |
| AMGN Amgen Inc. | Reduce -28.3% | 0.03% | −0.02 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.02 |
| JMST JPM Ultra-Short Muni Income | Reduce -42.5% | 0.02% | −0.02 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.02 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Sold out | 0.00% | −0.01 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.01 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.01 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.01 |
| JNJ Johnson & Johnson | Reduce -2.2% | 0.08% | −0.01 |
| PTLO Portillo's Inc. Class A | Reduce -18.2% | 0.01% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -2.4% | 0.55% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -20.4% | 0.06% | −0.01 |
| JYNT The Joint Corp. | Sold out | 0.00% | −0.01 |
| INTC Intel Corp. | Reduce -2.5% | 0.04% | −0.01 |
| CAT Caterpillar Inc. | Reduce -3.7% | 0.06% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.6% | 0.52% | −0.01 |
| ICE Intercontinental Exchange Inc. | Reduce -4.5% | 0.05% | −0.01 |
| ACN Accenture PLC Class A | Reduce -4.0% | 0.11% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -8.0% | 0.02% | −0.00 |
| PEP Pepsico Inc. | Reduce -0.3% | 0.04% | −0.00 |
| MUB iShares National Muni Bond E | Reduce -1.5% | 0.13% | −0.00 |
| ADM Archer-Daniels-Midland Co. | Reduce -3.3% | 0.02% | −0.00 |
| GE General Electric | Reduce -4.1% | 0.02% | −0.00 |
| VMEO Vimeo Inc. | Sold out | 0.00% | −0.00 |
| PFE Pfizer Inc. | Reduce -8.7% | 0.01% | −0.00 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.6% | 0.02% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -2.8% | 0.04% | −0.00 |
| ABT Abbott Laboratories | Reduce -4.5% | 0.03% | −0.00 |
| CNVS Cineverse Corp. | Sold out | 0.00% | −0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -3.5% | 0.01% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -4.6% | 0.05% | −0.00 |
| AMC AMC Entertainment HLDS Class A | Reduce -7.9% | 0.00% | −0.00 |
| LYFT LYFT Inc. Class A | Reduce -5.0% | 0.01% | −0.00 |
| FICO Fair Isaac Corp. | Reduce -0.5% | 0.02% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.7% | 0.15% | +0.00 |
| DIS The Walt Disney Co. | Reduce -5.8% | 0.02% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.6% | 1.30% | +0.00 |
| BA The Boeing Co. | Reduce -4.8% | 0.02% | +0.00 |
| ESTC Elastic NV | Reduce -3.9% | 0.03% | +0.01 |
| GWW WW Grainger Inc. | Reduce -0.4% | 0.40% | +0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| VTI VG Morningstar TS MKT ETF-US | Add +2.1% | 17.03% | +0.80 |
| IWF iShares Russell 1000 Growth | Add +7.0% | 2.86% | +0.37 |
| WMT Walmart Inc. | New | 0.22% | +0.22 |
| NVDA Nvidia Corp. | Add +37.8% | 0.48% | +0.17 |
| DFAC Dimensional US Core Equity 2 | Add +0.1% | 11.86% | +0.16 |
| AVRE Avantis Real Estate ETF | Add +29.5% | 0.89% | +0.12 |
| JPM JPMorgan Chase & Co. | Add +1.3% | 0.81% | +0.11 |
| RKLB Rocket Lab USA Inc. | New | 0.08% | +0.08 |
| MSTR Strategy Inc. | Add +14.7% | 0.12% | +0.06 |
| AVGO Broadcom Inc. | New | 0.04% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | Add +3.4% | 3.13% | +0.04 |
| IGF iShares Global Infrastructur | Add +12.4% | 0.40% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +30.4% | 0.07% | +0.02 |
| META Meta Platforms Inc. Class A | Add +23.8% | 0.11% | +0.02 |
| IBIT iShares Bitcoin Trust ETF | New | 0.02% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.02% | +0.02 |
| CME Cme Group Inc. | Add +0.0% | 0.29% | +0.02 |
| WBA Walgreens Boots Alliance Inc. | Add +18.6% | 0.08% | +0.02 |
| WFC Wells Fargo & Co. | New | 0.01% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.01% | +0.01 |
| NFLX Netflix Inc. | Add +24.4% | 0.03% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +16.1% | 0.06% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +11.9% | 0.03% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.2% | 0.23% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +1.4% | 0.38% | +0.01 |
| VTWO Vanguard Russell 2000 ETF | Add +1.3% | 0.36% | +0.01 |
| T AT&T Inc. | Add +41.3% | 0.02% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +8.0% | 0.03% | +0.00 |
| CMG Chipotle Mexican Grill Inc. | Add +0.5% | 0.06% | +0.00 |
| ABEV Ambev SA-ADR | New | 0.00% | +0.00 |
| HD Home Depot Inc. | Add +15.5% | 0.03% | +0.00 |
| V Visa Inc. Class A | Add +3.6% | 0.02% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 0.05% | +0.00 |
| ESGV Vanguard ESG US Stock ETF | Add +2.3% | 0.05% | +0.00 |
| DFAU Dimensional US Core Equity M | Add +0.0% | 0.08% | +0.00 |
| DFAI Dimensional International Co. | Add +14.0% | 0.04% | +0.00 |
| CVX Chevron Corp. | Add +8.1% | 0.03% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +8.3% | 0.04% | +0.00 |
| MA Mastercard Inc. Class A | Add +0.7% | 0.03% | +0.00 |
| LNKS Linkers Industries Ltd. Class A | New | 0.00% | +0.00 |
| CSCO Cisco Systems Inc. | Add +0.2% | 0.01% | +0.00 |
| HON Honeywell International Inc. | Add +2.1% | 0.01% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +0.3% | 0.02% | +0.00 |
| IWV iShares Russell 3000 ETF | Add +0.3% | 0.05% | +0.00 |
| SCHB Schwab US Broad Market ETF | Add +1.2% | 0.03% | +0.00 |
| PANW Palo Alto Networks Inc. | Add +0.7% | 0.02% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +2.1% | 0.02% | +0.00 |
| ORIENTAL RISE HLDGS LTD | New | 0.00% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.7% | 0.31% | +0.00 |
| IBM Intl Business Machines Corp. | Add +0.6% | 0.07% | +0.00 |
Options Activity Q3 2024 → Q4 2024
| MSTR Strategy Inc. | call | New | 3,000 | $869K |
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 |