Capstone Financial Advisors, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Capstone Financial Advisors, Inc. reported 185 stock positions worth $1.9 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 16.7% of the portfolio, followed by iShares Russell 1000 ETF (IWB, 12.4%) and Dimensional US Core Equity 2 (DFAC, 11.6%). Compared with Q4 2025, it opened 17 new positions, sold out of 16, added to 69 and reduced 64. The biggest buy was NT GLBL BRD Infra ETF (NFRA, shares +1%) and the biggest sale iShares Russell 1000 ETF (IWB, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- DOWNERS GROVE, IL
- CIK
- 0001599217
- Portfolio Value
- $1.9B (Q1 2026)
- SEC Filing
- 0001599217-26-000005 ↗ filed May 15, 2026
Holdings Value
Holdings 185 stocks · $1.9B
| VTI VG Morningstar TS MKT ETF-US | 16.75% | 969,374 | $311.0M | Add +1.2% |
| IWB iShares Russell 1000 ETF | 12.41% | 646,320 | $230.5M | Reduce -0.4% |
| DFAC Dimensional US Core Equity 2 | 11.61% | 5,546,947 | $215.6M | Add +1.2% |
| NFRA NT GLBL BRD Infra ETF | 7.94% | 2,304,218 | $147.4M | Add +0.6% |
| BND Vanguard Total Bond Market | 7.03% | 1,771,936 | $130.5M | Add +0.3% |
| VXUS Vanguard Total Intl Stock | 4.78% | 1,149,849 | $88.7M | Add +0.3% |
| IXUS iShares Core Intl Stock ETF | 4.23% | 906,322 | $78.5M | Reduce -1.2% |
| DFAX Dimensional World Ex US Core | 3.78% | 2,065,674 | $70.2M | Reduce -1.2% |
| MCD McDonald's Corp. | 3.25% | 194,414 | $60.4M | Reduce -1.8% |
| BNDX Vanguard Total Intl Bond ETF | 2.83% | 1,092,406 | $52.5M | Reduce -1.4% |
| IWF iShares Russell 1000 Growth | 2.63% | 114,564 | $48.9M | Reduce -0.1% |
| TLTD NT Dev Exus Ftilt ETF | 2.32% | 458,202 | $43.1M | Reduce -0.3% |
| TILT NT Mstar US Ftilt ETF | 2.13% | 163,533 | $39.5M | Reduce -3.0% |
| AAPL Apple Inc. | 1.94% | 142,016 | $36.0M | Reduce -2.0% |
| ITOT iShares Core S&P Total U.S. | 1.67% | 218,187 | $31.1M | Add +1.9% |
| REET iShares Global REIT ETF | 1.15% | 850,332 | $21.4M | Add +0.2% |
| JPM JPMorgan Chase & Co. | 1.05% | 66,013 | $19.4M | Add +19.4% |
| NVDA Nvidia Corp. | 0.96% | 101,971 | $17.8M | Add +37.8% |
| AVRE Avantis Real Estate ETF | 0.75% | 316,505 | $13.9M | Reduce -0.3% |
| MDY State Street SPDR S&P Midcap | 0.50% | 15,178 | $9.4M | Reduce -0.0% |
| IWM iShares Russell 2000 ETF | 0.47% | 35,073 | $8.7M | Reduce -1.5% |
| AGG iShares Core U.S. Aggregate | 0.46% | 85,793 | $8.5M | Reduce -2.6% |
| VIG Vanguard Dividend Apprec ETF | 0.46% | 39,283 | $8.4M | Reduce -0.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.45% | 165,934 | $8.3M | Add +1.0% |
| AMZN Amazon.com Inc. | 0.44% | 38,913 | $8.1M | Reduce -1.1% |
| IGF iShares Global Infrastructur | 0.40% | 111,550 | $7.5M | Reduce -0.4% |
| VONE Vanguard Russell 1000 | 0.36% | 22,670 | $6.7M | Add +0.6% |
| IAGG iShares Intl Aggregate Bond | 0.34% | 124,794 | $6.2M | Reduce -0.9% |
| MSFT Microsoft Corp. | 0.32% | 16,209 | $6.0M | Add +3.0% |
| CME Cme Group Inc. | 0.29% | 18,117 | $5.4M | Add +0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.27% | 7 | $5.0M | No change |
| VTWO Vanguard Russell 2000 ETF | 0.27% | 49,175 | $4.9M | Reduce -0.5% |
| COST Costco Wholesale Corp. | 0.22% | 4,013 | $4.0M | Reduce -0.0% |
| CBOE Cboe Global Markets Inc. | 0.17% | 11,100 | $3.1M | Reduce -0.1% |
| RWO State Street SPDR Dow Jones | 0.16% | 66,212 | $3.0M | No change |
| GOOGL Alphabet Inc. Class A | 0.15% | 9,578 | $2.8M | Reduce -14.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.14% | 4,123 | $2.7M | Reduce -4.1% |
| DFAU Dimensional US Core Equity M | 0.14% | 58,935 | $2.7M | No change |
| DFAI Dimensional International Co. | 0.14% | 66,178 | $2.6M | Reduce -1.4% |
| TY Tri-Continental Corp. | 0.13% | 75,513 | $2.4M | No change |
| XOM Exxon Mobil Corp. | 0.12% | 13,251 | $2.2M | Reduce -0.7% |
| QCOM Qualcomm Inc. | 0.12% | 17,037 | $2.2M | Add +0.0% |
| WMT Walmart Inc. | 0.12% | 17,240 | $2.1M | Reduce -25.9% |
| ETN Eaton Corp. PLC | 0.10% | 5,448 | $1.9M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 3,355 | $1.9M | Reduce -10.3% |
| CAT Caterpillar Inc. | 0.10% | 2,663 | $1.9M | Reduce -6.1% |
| VOO Vanguard S&P 500 ETF | 0.10% | 3,057 | $1.8M | Reduce -21.2% |
| META Meta Platforms Inc. Class A | 0.09% | 3,027 | $1.7M | Add +2.1% |
| MUB iShares National Muni Bond E | 0.09% | 16,175 | $1.7M | Reduce -15.9% |
| MSTR Strategy Inc. | 0.09% | 13,224 | $1.7M | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 2,937 | $1.4M | Reduce -29.0% |
| UL Unilever PLC-Sponsored ADR | 0.07% | 23,640 | $1.3M | No change |
| KO The Coca-Cola Co. | 0.07% | 17,086 | $1.3M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 5,252 | $1.3M | Add +1.7% |
| LUMN Lumen Technologies Inc. | 0.07% | 180,286 | $1.3M | No change |
| JNJ Johnson & Johnson | 0.06% | 4,885 | $1.2M | Add +0.1% |
| MU Micron Technology Inc. | 0.06% | 3,498 | $1.2M | Add +71.8% |
| VT Vanguard Tot World STK ETF | 0.06% | 8,310 | $1.1M | New |
| CI The Cigna Group | 0.06% | 4,157 | $1.1M | Reduce -0.6% |
| LRCX Lam Research Corp. | 0.06% | 4,973 | $1.1M | Add +131.2% |
| ALK Alaska Air Group Inc. | 0.06% | 28,867 | $1.1M | Add +47.7% |
| CAOS Alpha Architect Tail Risk | 0.05% | 11,093 | $1.0M | Add +99.5% |
| MRK Merck & Co. Inc. | 0.05% | 8,244 | $992K | Reduce -7.0% |
| DRI Darden Restaurants Inc. | 0.05% | 4,981 | $977K | Reduce -10.7% |
| ADX Adams Diversified Equity | 0.05% | 42,977 | $941K | Add +1.1% |
| TSLA Tesla Inc. | 0.05% | 2,507 | $932K | Reduce -10.7% |
| IVV iShares Core S&P 500 ETF | 0.05% | 1,386 | $906K | Add +4.4% |
| ACN Accenture PLC Class A | 0.05% | 4,548 | $902K | Reduce -15.6% |
| IWV iShares Russell 3000 ETF | 0.05% | 2,358 | $874K | Add +0.2% |
| ABBV Abbvie Inc. | 0.05% | 3,859 | $839K | Add +0.4% |
| AMAT Applied Materials Inc. | 0.04% | 2,435 | $832K | New |
| JEPI JPMorgan Equity Premium Inco | 0.04% | 14,501 | $822K | Add +1.9% |
| FITB Fifth Third Bancorp | 0.04% | 17,291 | $803K | Reduce -10.9% |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 5,472 | $800K | Add +0.4% |
| ICE Intercontinental Exchange Inc. | 0.04% | 5,047 | $794K | Add +0.3% |
| GIS General Mills Inc. | 0.04% | 20,928 | $779K | No change |
| GLD SPDR Gold Shares | 0.04% | 1,806 | $777K | Add +11.7% |
| BMY Bristol-Myers Squibb Co. | 0.04% | 12,432 | $754K | Reduce -4.6% |
| CVX Chevron Corp. | 0.04% | 3,614 | $748K | Add +0.4% |
| DFIC Dimensional International Co. | 0.04% | 20,750 | $737K | No change |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.04% | 13,152 | $730K | Add +28.6% |
| HD Home Depot Inc. | 0.04% | 2,163 | $711K | Add +0.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.04% | 2,050 | $693K | Add +89.5% |
| GWW WW Grainger Inc. | 0.04% | 626 | $683K | No change |
| ESGV Vanguard ESG US Stock ETF | 0.03% | 5,766 | $647K | Add +3.1% |
| T AT&T Inc. | 0.03% | 22,022 | $638K | Add +98.2% |
| GOOG Alphabet Inc. Class C | 0.03% | 2,218 | $636K | Reduce -13.6% |
| INTC Intel Corp. | 0.03% | 14,128 | $623K | Reduce -7.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.03% | 1,591 | $621K | Add +0.8% |
| GEV GE Vernova Inc. | 0.03% | 690 | $602K | Add +15.8% |
| GE General Electric filed as GE AEROSPACE | 0.03% | 2,081 | $591K | No change |
| LLY Eli Lilly & Co. | 0.03% | 627 | $576K | Add +1.9% |
| SCHB Schwab US Broad Market ETF | 0.03% | 22,871 | $574K | Reduce -1.7% |
| LW Lamb Weston Holdings Inc. | 0.03% | 13,389 | $566K | Reduce -0.2% |
| AGGY Wisdomtree Yield Enhanced US | 0.03% | 12,783 | $555K | Reduce -1.5% |
| AXP American Express Co. | 0.03% | 1,832 | $554K | Reduce -4.9% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.03% | 10,709 | $546K | Add +40.3% |
| AMGN Amgen Inc. | 0.03% | 1,503 | $529K | Add +0.2% |
| PEP Pepsico Inc. | 0.03% | 3,374 | $524K | Add +0.3% |
| BY Byline Bancorp Inc. | 0.03% | 16,040 | $506K | Add +1.1% |
Options reported separately and not counted above: MSTR calls ($374K), MCD puts ($373K).
Portfolio Sells Q4 2025 → Q1 2026
| IWB iShares Russell 1000 ETF | Reduce -0.4% | 12.41% | −0.50 |
| IWF iShares Russell 1000 Growth | Reduce -0.1% | 2.63% | −0.26 |
| AAPL Apple Inc. | Reduce -2.0% | 1.94% | −0.16 |
| TILT NT Mstar US Ftilt ETF | Reduce -3.0% | 2.13% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -1.1% | 0.44% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -14.8% | 0.15% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -29.0% | 0.08% | −0.04 |
| AVGO Broadcom Inc. | Reduce -53.3% | 0.02% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -21.2% | 0.10% | −0.03 |
| CHRW C.H. Robinson Worldwide Inc. | Sold out | 0.00% | −0.03 |
| ACN Accenture PLC Class A | Reduce -15.6% | 0.05% | −0.03 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -1.4% | 2.83% | −0.02 |
| WMT Walmart Inc. | Reduce -25.9% | 0.12% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -10.3% | 0.10% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -15.9% | 0.09% | −0.02 |
| TSLA Tesla Inc. | Reduce -10.7% | 0.05% | −0.02 |
| EQX Equinox Gold Corp. | Sold out | 0.00% | −0.02 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.02 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.01 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.01 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.01 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.1% | 0.14% | −0.01 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.01 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.01 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.01 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.01 |
| AGG iShares Core U.S. Aggregate | Reduce -2.6% | 0.46% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -13.6% | 0.03% | −0.01 |
| AXP American Express Co. | Reduce -4.9% | 0.03% | −0.01 |
| TV Grupo Televisa SA-Spon ADR | Sold out | 0.00% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.6% | 0.46% | −0.01 |
| CEG Constellation Energy | Reduce -16.8% | 0.01% | −0.01 |
| HOOD Robinhood Markets Inc. Class A | Reduce -1.9% | 0.01% | −0.01 |
| ABEV Ambev SA-ADR | Sold out | 0.00% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -23.9% | 0.02% | −0.01 |
| V Visa Inc. Class A | Reduce -8.5% | 0.02% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -9.1% | 0.02% | −0.01 |
| FITB Fifth Third Bancorp | Reduce -10.9% | 0.04% | −0.01 |
| ABT Abbott Laboratories | Reduce -0.4% | 0.02% | −0.00 |
| ICSH iShares Ultra Short Duration | Reduce -15.2% | 0.02% | −0.00 |
| BA The Boeing Co. | Reduce -6.4% | 0.02% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -0.7% | 0.01% | −0.00 |
| DRI Darden Restaurants Inc. | Reduce -10.7% | 0.05% | −0.00 |
| DIS The Walt Disney Co. | Reduce -0.1% | 0.01% | −0.00 |
| GGB Gerdau SA -Spon ADR | Sold out | 0.00% | −0.00 |
| XLV SS Health Care Select Sector | Reduce -10.6% | 0.01% | −0.00 |
| CI The Cigna Group | Reduce -0.6% | 0.06% | −0.00 |
| SCHB Schwab US Broad Market ETF | Reduce -1.7% | 0.03% | −0.00 |
| BNDW Vanguard Total World Bond Et | Reduce -9.8% | 0.01% | −0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| NFRA NT GLBL BRD Infra ETF | Add +0.6% | 7.94% | +0.56 |
| NVDA Nvidia Corp. | Add +37.8% | 0.96% | +0.22 |
| VXUS Vanguard Total Intl Stock | Add +0.3% | 4.78% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +19.4% | 1.05% | +0.10 |
| VT Vanguard Tot World STK ETF | New | 0.06% | +0.06 |
| BND Vanguard Total Bond Market | Add +0.3% | 7.03% | +0.06 |
| DFAC Dimensional US Core Equity 2 | Add +1.2% | 11.61% | +0.05 |
| AMAT Applied Materials Inc. | New | 0.04% | +0.04 |
| LRCX Lam Research Corp. | Add +131.2% | 0.06% | +0.04 |
| MU Micron Technology Inc. | Add +71.8% | 0.06% | +0.03 |
| CAOS Alpha Architect Tail Risk | Add +99.5% | 0.05% | +0.03 |
| CME Cme Group Inc. | Add +0.0% | 0.29% | +0.02 |
| REET iShares Global REIT ETF | Add +0.2% | 1.15% | +0.02 |
| VTES Vanguard SH Term Tax-Ex Bond | New | 0.02% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +89.5% | 0.04% | +0.02 |
| T AT&T Inc. | Add +98.2% | 0.03% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.01% | +0.01 |
| XLE SS Energy Select Sector | New | 0.01% | +0.01 |
| BMOP BNY Meln Munipl Opp ETF | New | 0.01% | +0.01 |
| INTU Intuit Inc. | New | 0.01% | +0.01 |
| COP Conocophillips | New | 0.01% | +0.01 |
| PSX Phillips 66 | New | 0.01% | +0.01 |
| GEV GE Vernova Inc. | Add +15.8% | 0.03% | +0.01 |
| VIAV Viavi Solutions Inc. | New | 0.01% | +0.01 |
| IDA Idacorp Inc. | New | 0.01% | +0.01 |
| CVX Chevron Corp. | Add +0.4% | 0.04% | +0.01 |
| JNJ Johnson & Johnson | Add +0.1% | 0.06% | +0.01 |
| FMC FMC Corp. | New | 0.01% | +0.01 |
| JMST JPM Ultra-Short Muni Income | Add +40.3% | 0.03% | +0.01 |
| HELE Helen of Troy Ltd. | New | 0.01% | +0.01 |
| CLW Clearwater Paper Corp. | New | 0.01% | +0.01 |
| JEPQ JPM Nasdaq Equity Premium | Add +28.6% | 0.04% | +0.01 |
| GLD SPDR Gold Shares | Add +11.7% | 0.04% | +0.01 |
| DELL Dell Technologies -C | Add +15.8% | 0.02% | +0.01 |
| KO The Coca-Cola Co. | Add +0.0% | 0.07% | +0.01 |
| FCX Freeport-McMoran Inc. | Add +13.7% | 0.03% | +0.01 |
| FWRG First Watch Restaurant Group | New | 0.01% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +1.0% | 0.45% | +0.01 |
| SPDN Dir DLY SP 500 BR 1X ETF-Usi | New | 0.01% | +0.01 |
| ADM Archer-Daniels-Midland Co. | Add +0.1% | 0.02% | +0.00 |
| ALK Alaska Air Group Inc. | Add +47.7% | 0.06% | +0.00 |
| LMT Lockheed Martin Corp. | Add +0.3% | 0.02% | +0.00 |
| AMD Advanced Micro Devices | Add +26.0% | 0.03% | +0.00 |
| WTFC Wintrust Financial Corp. | Add +20.4% | 0.02% | +0.00 |
| BY Byline Bancorp Inc. | Add +1.1% | 0.03% | +0.00 |
| PEP Pepsico Inc. | Add +0.3% | 0.03% | +0.00 |
| AMGN Amgen Inc. | Add +0.2% | 0.03% | +0.00 |
| PFE Pfizer Inc. | Add +2.9% | 0.01% | +0.00 |
| IFRA iShares US Infrastructure | Add +0.5% | 0.02% | +0.00 |
| ANGX Angel Studios Inc. | New | 0.00% | +0.00 |
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 |