CapWealth Advisors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed February 6, 2026), CapWealth Advisors, LLC reported 105 stock positions worth $1.1 billion. Its top holding was Palantir Technologies Class A (PLTR) at 5.3% of the portfolio, followed by Williams Cos (WMB, 4.4%) and Microsoft (MSFT, 4.3%). Compared with Q2 2025, it opened 7 new positions, sold out of 3, added to 24 and reduced 56. The biggest buy was FB Financial (FBK, shares +3757%) and the biggest sale an exit from Fortinet (FTNT).

Most Recent 13F
Q2 2026
Location
FRANKLIN, TN
CIK
0001531809
Portfolio Value
$1.1B (Q3 2025)
SEC Filing
0001531809-26-000002 ↗ filed Feb 6, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $890.9M Q1 2024 Q2 2024: $791.0M Q2 2024 Q3 2024: $915.3M Q3 2024 Q4 2024: $907.8M Q4 2024 Q1 2025: $921.6M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 105 stocks · $1.1B
PLTR Palantir Technologies Inc. Class A 5.28% 320,906 $58.5M Reduce -21.7%
WMB Williams Cos Inc. 4.45% 779,136 $49.4M Reduce -1.9%
MSFT Microsoft Corp. 4.29% 91,939 $47.6M Reduce -0.8%
BRK.B Berkshire Hathaway Inc. Class B 3.58% 79,011 $39.7M Reduce -5.0%
GLW Corning Inc. 3.49% 472,518 $38.8M Reduce -0.6%
LUMN Lumen Technologies Inc. 3.31% 5,994,715 $36.7M Add +36.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.04% 119,506 $33.7M Reduce -7.9%
GE General Electric filed as GE AEROSPACE 2.75% 101,460 $30.5M Reduce -2.2%
TSM Taiwan Semiconductor-SP ADR 2.74% 108,726 $30.4M Reduce -2.7%
CVX Chevron Corp. 2.68% 191,708 $29.8M Reduce -4.3%
GEV GE Vernova Inc. 2.53% 45,575 $28.0M Reduce -5.0%
RTX RTX Corp. 2.52% 167,273 $28.0M Reduce -1.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.51% 538,726 $27.8M Reduce -2.5%
MRK Merck & Co. Inc. 2.47% 325,980 $27.4M Add +0.1%
DHI D.R. Horton Inc. 2.45% 160,556 $27.2M Reduce -0.0%
GILD Gilead Sciences Inc. 2.44% 243,607 $27.0M Reduce -3.7%
JNJ Johnson & Johnson 2.32% 138,978 $25.8M Add +0.0%
DUK Duke Energy Corp. 2.31% 207,035 $25.6M Reduce -0.7%
CVS CVS Health Corp. 2.17% 318,909 $24.0M Reduce -2.4%
ORCL Oracle Corp. 2.04% 80,388 $22.6M Reduce -1.3%
NEE Nextera Energy Inc. 1.81% 265,902 $20.1M Add +1.8%
NFLX Netflix Inc. 1.81% 16,721 $20.0M Reduce -15.6%
AMZN Amazon.com Inc. 1.76% 88,896 $19.5M Reduce -1.3%
AAPL Apple Inc. 1.73% 75,322 $19.2M Reduce -1.7%
FBK FB Financial Corp. filed as FB FINL CORP 1.67% 331,752 $18.5M Add +3756.7%
DOW Dow Inc. 1.65% 799,056 $18.3M Reduce -1.6%
CEG Constellation Energy 1.63% 54,949 $18.1M Add +1.0%
UPS United Parcel Service Class B 1.63% 216,227 $18.1M Add +9.7%
EQIX Equinix Inc. 1.59% 22,567 $17.7M Reduce -7.5%
VZ Verizon Communications Inc. 1.56% 392,643 $17.3M Reduce -1.1%
SONY Sony Group Corp. - SP ADR 1.43% 552,410 $15.9M Reduce -2.5%
PEP Pepsico Inc. 1.43% 113,041 $15.9M Reduce -0.4%
UNH Unitedhealth Group Inc. 1.42% 45,615 $15.8M Add +5415.7%
T AT&T Inc. 1.32% 518,055 $14.6M Add +3242.3%
HON Honeywell International Inc. 1.23% 64,700 $13.6M Add +2.1%
GOOGL Alphabet Inc. Class A 1.16% 52,801 $12.8M Add +1.1%
KO The Coca-Cola Co. 1.12% 187,248 $12.4M Add +0.1%
SYK Stryker Corp. 1.02% 30,511 $11.3M Reduce -1.8%
HSY The Hershey Co. 1.01% 60,122 $11.2M Reduce -10.3%
HD Home Depot Inc. 0.95% 25,897 $10.5M Reduce -1.3%
AMGN Amgen Inc. 0.93% 36,664 $10.3M Reduce -0.6%
COST Costco Wholesale Corp. 0.90% 10,730 $9.9M Reduce -2.0%
BIL SS SPDR BB 1-3M T-Bill ETF 0.85% 103,250 $9.5M Reduce -24.2%
TSCO Tractor Supply Company 0.83% 161,006 $9.2M Reduce -5.9%
GNRC Generac Holdings Inc. 0.79% 52,349 $8.8M Reduce -1.1%
MCHI iShares MSCI China ETF 0.75% 126,194 $8.3M Reduce -0.5%
RSP Invesco S&P 500 Equal Weight 0.63% 36,605 $6.9M Add +0.4%
SCHD Schwab US DVD Equity ETF 0.61% 246,254 $6.7M Reduce -0.9%
CARR Carrier Global Corp. 0.58% 107,979 $6.4M Reduce -0.0%
DOCU Docusign Inc. 0.52% 80,364 $5.8M Add +3.3%
WSM Williams-Sonoma Inc. 0.52% 29,509 $5.8M Reduce -2.5%
FXI iShares China Large-Cap ETF 0.45% 121,031 $5.0M Reduce -4.8%
IVV iShares Core S&P 500 ETF 0.26% 4,293 $2.9M Reduce -0.3%
CGGR Cap Group Growth Equity 0.25% 61,895 $2.7M Reduce -2.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.21% 3,501 $2.3M Reduce -2.5%
HCA HCA Healthcare Inc. 0.17% 4,537 $1.9M Reduce -6.0%
SO The Southern Co. 0.14% 16,733 $1.6M Add +5.9%
BRK.A Berkshire Hathaway Inc. Class A 0.14% 2 $1.5M No change
DUSA Davis Select US Equity ETF 0.12% 28,721 $1.4M Reduce -5.2%
VOO Vanguard S&P 500 ETF 0.12% 2,197 $1.3M No change
NVDA Nvidia Corp. 0.12% 6,994 $1.3M Reduce -0.4%
VRSN Verisign Inc. 0.11% 4,171 $1.2M Reduce -3.6%
META Meta Platforms Inc. Class A 0.09% 1,413 $1.0M Reduce -22.6%
PNFP Pinnacle Financial Partners 0.09% 10,329 $969K Reduce -50.0%
WMT Walmart Inc. 0.08% 9,014 $929K Add +19.4%
JPM JPMorgan Chase & Co. 0.08% 2,920 $921K Reduce -0.6%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.08% 21,157 $889K Reduce -1.2%
MCD McDonald's Corp. 0.08% 2,781 $845K No change
AVGO Broadcom Inc. 0.07% 2,276 $751K Add +2.3%
DVY iShares Select Dividend ETF 0.07% 5,211 $740K Add +10.2%
VOOG Vanguard S&P 500 Growth ETF 0.07% 1,663 $724K No change
NG Novagold Resources Inc. 0.06% 70,000 $616K New
XOM Exxon Mobil Corp. 0.05% 5,301 $598K Reduce -74.5%
TSLA Tesla Inc. 0.05% 1,312 $583K New
RF Regions Financial Corp. 0.05% 21,136 $557K Add +34.1%
LOW Lowe's Cos Inc. 0.05% 2,000 $503K No change
IJH iShares Core S&P Midcap ETF 0.05% 7,670 $501K Add +8.6%
COPX Global X Copper Miners ETF 0.04% 7,500 $449K No change
QUAL iShares MSCI USA Quality Fac 0.04% 2,270 $442K Reduce -6.1%
FHN First Horizon Corp. 0.04% 18,803 $425K No change
ET Energy Transfer LP 0.04% 24,720 $424K Add +41.9%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.03% 12,558 $372K Add +0.4%
MSGS Madison Square Garden Sports 0.03% 1,600 $363K No change
FITB Fifth Third Bancorp 0.03% 8,093 $361K Add +5.0%
VOOV Vanguard S&P 500 Value ETF 0.03% 1,789 $357K No change
MU Micron Technology Inc. 0.03% 2,000 $335K No change
V Visa Inc. Class A 0.03% 892 $305K Reduce -2.1%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.03% 7,523 $297K No change
EHC Encompass Health Corp. 0.03% 2,309 $293K No change
LLY Eli Lilly & Co. 0.03% 378 $288K Reduce -3.8%
MOAT Vaneck Morningstar Wide Moat 0.02% 2,785 $276K No change
MDY State Street SPDR S&P Midcap 0.02% 429 $256K Reduce -8.9%
PG The Procter & Gamble Co. 0.02% 1,573 $242K Reduce -2.4%
MO Altria Group Inc. 0.02% 3,557 $235K No change
PRF Invesco Rafi US 1000 ETF 0.02% 5,000 $226K No change
AMAT Applied Materials Inc. 0.02% 1,067 $218K New
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 0.02% 2,741 $218K Reduce -25.1%
GOOG Alphabet Inc. Class C 0.02% 881 $215K New
GS Goldman Sachs Group Inc. 0.02% 268 $213K New
CLX Clorox Company 0.02% 1,718 $212K No change
CSCO Cisco Systems Inc. 0.02% 3,086 $211K Add +0.2%
MTN Vail Resorts Inc. 0.02% 1,370 $205K No change
VIG Vanguard Dividend Apprec ETF 0.02% 933 $201K New
CAT Caterpillar Inc. 0.02% 420 $200K New
NXE Nexgen Energy Ltd. 0.01% 14,000 $125K No change
Other holdings (16): bonds, preferreds, convertibles and warrants · $343.2M (not counted above)
SecurityClassShares / PrincipalValueChange
FANNIE MAE (FNMA F PERP P) COM 7,343,376$96.6MNew
FANNIE MAE (FNMA 8.25 PERP T) COM 6,046,737$94.9MNew
FREDDIE MAC (FMCC 6.02 PERP X) Preferred 2,985,259$43.2MNew
FANNIE MAE (FNMA V8.25 PERP S) Preferred Stock 2,198,409$36.5MNew
FREDDIE MAC (FMCC V8.375 PERP Z) PFD 2,061,419$32.2MNew
FANNIE MAE (FNMA F PERP O) COM 434,002$12.9MNew
FANNIE MAE (FNMA 5.375 PERP) Convertible Preferred 182$10.0MNew
FREDDIE MAC (FMCC F PERP S) Preferred 249,341$5.9MNew
FREDDIE MAC (FMCC 0 PERP M) PREFERRED STOCK 238,600$5.0MNew
FANNIE MAE (FNMA V0 PERP +F) Preferred 193,750$4.3MNew
FANNIE MAE (FNMA 7.625 PERP R) PFD 37,800$561KNew
FANNIE MAE (FNMA 5.125 PERP +++L) Preferred 17,500$442KNew
FANNIE MAE (FNMA 5.1 PERP +E) Preferred 11,000$264KNew
FANNIE MAE (FNMA 6.75 PERP Q) COM 10,000$148KNew
FANNIE MAE (FNMA V0 PERP +G) Preferred 6,200$138KNew
FANNIE MAE (FNMA 4.75 PERP M) Preferred 2,500$64KNew

Total filed on the 13F, all lines: $1.5B.

Portfolio Sells Q2 2025 → Q3 2025
FTNT Fortinet Inc. Sold out 0.00% −1.27
NFLX Netflix Inc. Reduce -15.6% 1.81% −0.81
IBM Intl Business Machines Corp. Reduce -7.9% 3.04% −0.74
WMB Williams Cos Inc. Reduce -1.9% 4.45% −0.48
DOW Dow Inc. Reduce -1.6% 1.65% −0.47
BRK.B Berkshire Hathaway Inc. Class B Reduce -5.0% 3.58% −0.41
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -24.2% 0.85% −0.38
GILD Gilead Sciences Inc. Reduce -3.7% 2.44% −0.33
EQIX Equinix Inc. Reduce -7.5% 1.59% −0.32
MSFT Microsoft Corp. Reduce -0.8% 4.29% −0.26
PLTR Palantir Technologies Inc. Class A Reduce -21.7% 5.28% −0.24
CARR Carrier Global Corp. Reduce -0.0% 0.58% −0.20
SYK Stryker Corp. Reduce -1.8% 1.02% −0.20
AMZN Amazon.com Inc. Reduce -1.3% 1.76% −0.19
COST Costco Wholesale Corp. Reduce -2.0% 0.90% −0.17
XOM Exxon Mobil Corp. Reduce -74.5% 0.05% −0.17
CVX Chevron Corp. Reduce -4.3% 2.68% −0.15
VZ Verizon Communications Inc. Reduce -1.1% 1.56% −0.14
PNFP Pinnacle Financial Partners Reduce -50.0% 0.09% −0.14
DUK Duke Energy Corp. Reduce -0.7% 2.31% −0.12
HSY The Hershey Co. Reduce -10.3% 1.01% −0.08
AMGN Amgen Inc. Reduce -0.6% 0.93% −0.08
BAC Bank of America Corp. Reduce -2.5% 2.51% −0.08
TSCO Tractor Supply Company Reduce -5.9% 0.83% −0.07
OXY Occidental Petroleum Corp. Sold out 0.00% −0.06
CVS CVS Health Corp. Reduce -2.4% 2.17% −0.06
PEP Pepsico Inc. Reduce -0.4% 1.43% −0.05
SCHD Schwab US DVD Equity ETF Reduce -0.9% 0.61% −0.04
META Meta Platforms Inc. Class A Reduce -22.6% 0.09% −0.04
BSCP Invesco Bulletshares 2025 CB Sold out 0.00% −0.03
SONY Sony Group Corp. - SP ADR Reduce -2.5% 1.43% −0.02
VRSN Verisign Inc. Reduce -3.6% 0.11% −0.02
DUSA Davis Select US Equity ETF Reduce -5.2% 0.12% −0.01
FXI iShares China Large-Cap ETF Reduce -4.8% 0.45% −0.01
CGGR Cap Group Growth Equity Reduce -2.7% 0.25% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.5% 0.21% −0.01
HCA HCA Healthcare Inc. Reduce -6.0% 0.17% −0.01
NHI Natl Health Investors Inc. Reduce -25.1% 0.02% −0.01
IVV iShares Core S&P 500 ETF Reduce -0.3% 0.26% −0.01
V Visa Inc. Class A Reduce -2.1% 0.03% −0.00
LLY Eli Lilly & Co. Reduce -3.8% 0.03% −0.00
HD Home Depot Inc. Reduce -1.3% 0.95% −0.00
QUAL iShares MSCI USA Quality Fac Reduce -6.1% 0.04% −0.00
PG The Procter & Gamble Co. Reduce -2.4% 0.02% −0.00
CGDV Cap Group Dividend Value Reduce -1.2% 0.08% −0.00
MDY State Street SPDR S&P Midcap Reduce -8.9% 0.02% −0.00
JPM JPMorgan Chase & Co. Reduce -0.6% 0.08% −0.00
NVDA Nvidia Corp. Reduce -0.4% 0.12% +0.01
GEV GE Vernova Inc. Reduce -5.0% 2.53% +0.02
WSM Williams-Sonoma Inc. Reduce -2.5% 0.52% +0.03

Portfolio Buys Q2 2025 → Q3 2025
FBK FB Financial Corp. Add +3756.7% 1.67% +1.63
LUMN Lumen Technologies Inc. Add +36.5% 3.31% +1.41
UNH Unitedhealth Group Inc. Add +5415.7% 1.42% +1.39
T AT&T Inc. Add +3242.3% 1.32% +1.27
GOOGL Alphabet Inc. Class A Add +1.1% 1.16% +0.25
JNJ Johnson & Johnson Add +0.0% 2.32% +0.23
NG Novagold Resources Inc. New 0.06% +0.06
TSLA Tesla Inc. New 0.05% +0.05
AMAT Applied Materials Inc. New 0.02% +0.02
GOOG Alphabet Inc. Class C New 0.02% +0.02
GS Goldman Sachs Group Inc. New 0.02% +0.02
NEE Nextera Energy Inc. Add +1.8% 1.81% +0.02
VIG Vanguard Dividend Apprec ETF New 0.02% +0.02
CAT Caterpillar Inc. New 0.02% +0.02
RF Regions Financial Corp. Add +34.1% 0.05% +0.01
WMT Walmart Inc. Add +19.4% 0.08% +0.01
AVGO Broadcom Inc. Add +2.3% 0.07% +0.01
ET Energy Transfer LP Add +41.9% 0.04% +0.01
DVY iShares Select Dividend ETF Add +10.2% 0.07% +0.00
IJH iShares Core S&P Midcap ETF Add +8.6% 0.05% +0.00
FITB Fifth Third Bancorp Add +5.0% 0.03% +0.00
CGXU Cap Group Intl Focus Add +0.4% 0.03% 0.00
SO The Southern Co. Add +5.9% 0.14% −0.00
CSCO Cisco Systems Inc. Add +0.2% 0.02% −0.00
RSP Invesco S&P 500 Equal Weight Add +0.4% 0.63% −0.03
DOCU Docusign Inc. Add +3.3% 0.52% −0.08
MRK Merck & Co. Inc. Add +0.1% 2.47% −0.08
CEG Constellation Energy Add +1.0% 1.63% −0.10
KO The Coca-Cola Co. Add +0.1% 1.12% −0.19
HON Honeywell International Inc. Add +2.1% 1.23% −0.23
UPS United Parcel Service Class B Add +9.7% 1.63% −0.33

Options Activity Q2 2025 → Q3 2025
LUMN Lumen Technologies Inc. call Sold out 500,000 $2.2Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 700 $432Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q2 2025 → Q3 2025
FANNIE MAE (FNMA F PERP P) COM New 7,343,376 $96.6M
FANNIE MAE (FNMA 8.25 PERP T) COM New 6,046,737 $94.9M
FREDDIE MAC (FMCC 6.02 PERP X) Preferred New 2,985,259 $43.2M
FANNIE MAE (FNMA V8.25 PERP S) Preferred Stock New 2,198,409 $36.5M
FREDDIE MAC (FMCC V8.375 PERP Z) PFD New 2,061,419 $32.2M
FANNIE MAE (FNMA F PERP O) COM New 434,002 $12.9M
FANNIE MAE (FNMA 5.375 PERP) Convertible Preferred New 182 $10.0M
FREDDIE MAC (FMCC F PERP S) Preferred New 249,341 $5.9M
FREDDIE MAC (FMCC 0 PERP M) PREFERRED STOCK New 238,600 $5.0M
FANNIE MAE (FNMA V0 PERP +F) Preferred New 193,750 $4.3M
FANNIE MAE (FNMA 7.625 PERP R) PFD New 37,800 $561K
FANNIE MAE (FNMA 5.125 PERP +++L) Preferred New 17,500 $442K
FANNIE MAE (FNMA 5.1 PERP +E) Preferred New 11,000 $264K
FANNIE MAE (FNMA 6.75 PERP Q) COM New 10,000 $148K
FANNIE MAE (FNMA V0 PERP +G) Preferred New 6,200 $138K
FANNIE MAE (FNMA 4.75 PERP M) Preferred New 2,500 $64K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 102$1.2BGLW, WMB, LUMN, GEV, GE
Q1 2026 102$1.1BGLW, WMB, LUMN, CVX, DOW
Q4 2025Amended 104$1.1BLUMN, PLTR, WMB, MSFT, GLW
Q3 2025Amended 105$1.1BPLTR, WMB, MSFT, BRK.B, GLW
Q2 2025 101$1.0BPLTR, WMB, MSFT, BRK.B, IBM
Q1 2025 99$921.6MBRK.B, WMB, PLTR, MSFT, RTX
Q4 2024 100$907.8MWMB, BRK.B, PLTR, MSFT, DOW
Q3 2024 108$915.3MBRK.B, MSFT, WMB, RTX, IBM
Q2 2024 98$791.0MBRK.B, MSFT, WMB, BAC, RTX
Q1 2024 96$890.9MBRK.B, MSFT, WMB, GE, DHI