Carlson Financial, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 24, 2026), Carlson Financial, Inc. reported 195 stock positions worth $196.1 million. Its top holding was Nvidia (NVDA) at 8.8% of the portfolio, followed by Axon Enterprise (AXON, 4.6%) and Tesla (TSLA, 4.1%). Compared with Q1 2026, it opened 24 new positions, sold out of 10, added to 81 and reduced 83. The biggest buy was Axon Enterprise (AXON, shares +3%) and the biggest sale Valero Energy (VLO, shares −45%).

Most Recent 13F
Q2 2026
Location
CANBY, OR
CIK
0002134889
Portfolio Value
$196.1M (Q2 2026)
SEC Filing
0002085853-26-001066 ↗ filed Aug 24, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2025: $172.7M Q4 2025 Q1 2026: $169.6M Q1 2026 Q2 2026: $196.1M $196.1M Q2 2026

Holdings 195 stocks · $196.1M
NVDA Nvidia Corp. 8.81% 86,267 $17.3M Reduce -1.4%
AXON Axon Enterprise Inc. 4.59% 16,039 $9.0M Add +2.7%
TSLA Tesla Inc. 4.10% 19,118 $8.0M Add +3.6%
BIBL Inspire 100 ETF 3.68% 124,700 $7.2M Add +0.7%
DGRO iShares Core Dividend Growth 2.86% 74,069 $5.6M Add +4.5%
RDVY First Trust Rising Dividend 2.68% 64,855 $5.3M Reduce -3.6%
PAVE Global X US Infrastructure 2.59% 86,025 $5.1M Add +0.4%
SHOP Shopify Inc. Class A 2.31% 39,730 $4.5M Add +1.4%
CAT Caterpillar Inc. 2.14% 3,935 $4.2M Reduce -1.5%
AAPL Apple Inc. 1.98% 13,386 $3.9M Add +0.7%
SDVY First Trust Smid Cap Rising 1.88% 85,441 $3.7M Reduce -0.3%
AIRR First Trust Rba American Ind 1.67% 24,605 $3.3M Add +3.4%
AMZN Amazon.com Inc. 1.36% 11,149 $2.7M Add +0.3%
TPHD Timothy Plan High DVD STCK 1.31% 60,871 $2.6M Add +1.1%
BLES Inspire Global Hope ETF 1.25% 51,333 $2.4M Reduce -0.2%
MU Micron Technology Inc. 1.23% 2,086 $2.4M Reduce -16.1%
FTCS First Trust Capital Strength 1.22% 25,406 $2.4M Reduce -11.7%
MSFT Microsoft Corp. 1.11% 5,807 $2.2M Add +2.1%
CIBR First Trust Nasdaq Cybersecu 1.00% 21,886 $2.0M Add +1.6%
PWR Quanta Services Inc. 0.96% 2,610 $1.9M Reduce -0.9%
SHLD Global X Defense Tech ETF 0.96% 31,488 $1.9M Add +2.4%
USAI Pacer Ame Energy Infr ETF-US 0.92% 39,852 $1.8M Add +4.6%
AVGO Broadcom Inc. 0.90% 4,646 $1.8M Reduce -3.8%
ABBV Abbvie Inc. 0.87% 6,770 $1.7M Reduce -1.3%
PPA Invesco Aerospace & Defense 0.86% 9,494 $1.7M Reduce -0.9%
COST Costco Wholesale Corp. 0.84% 1,760 $1.6M Reduce -9.5%
NLR Vaneck Urani & Nuclr ETF-Usd 0.83% 14,097 $1.6M Add +1.8%
LMBS First Trust Low Duration Opp 0.83% 32,821 $1.6M Reduce -1.6%
ISMD Inspire Small/Mid Cap ETF 0.81% 31,681 $1.6M Add +0.4%
CARR Carrier Global Corp. 0.80% 21,429 $1.6M Reduce -0.8%
BROS Dutch Bros Inc. Class A 0.78% 21,239 $1.5M Add +1.9%
PTL Inspire 500 ETF 0.77% 5,244 $1.5M Add +1.2%
FVD First Trust Value Line DVD 0.74% 30,031 $1.4M Reduce -3.3%
AMD Advanced Micro Devices 0.68% 2,297 $1.3M Reduce -3.6%
HYDR Global X Hydrogen ETF 0.67% 24,616 $1.3M Add +8.2%
GLRY Inspire Growth ETF 0.66% 29,767 $1.3M Add +5.2%
XMMO Invesco S&P Midcap Momentum 0.66% 7,626 $1.3M Add +0.5%
UPS United Parcel Service Class B 0.63% 11,567 $1.2M Reduce -0.6%
PLTR Palantir Technologies Inc. Class A 0.62% 10,349 $1.2M Add +1.3%
JPM JPMorgan Chase & Co. 0.61% 3,638 $1.2M Add +3.3%
GRID First TRST Nasd Class Edg Sgiif 0.58% 5,953 $1.1M Add +37.0%
HWM Howmet Aerospace Inc. 0.58% 4,227 $1.1M Reduce -4.2%
PULS Pgim Ultra Short Bond ETF 0.57% 22,476 $1.1M Add +9.0%
RWJ Invesco S&P Smallcap 600 0.57% 18,700 $1.1M Reduce -45.5%
UNP Union Pacific Corp. 0.55% 3,993 $1.1M Add +0.2%
INCM Franklin Income Focus ETF 0.54% 36,705 $1.1M Add +9.8%
NEE Nextera Energy Inc. 0.53% 11,810 $1.0M Add +41.4%
SPCX Space Exploration Techn Class A 0.52% 6,022 $1.0M New
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.52% 20,150 $1.0M Add +0.1%
PG The Procter & Gamble Co. 0.51% 6,870 $1.0M Add +3.8%
GS Goldman Sachs Group Inc. 0.50% 971 $982K Add +0.5%
ARKX ARK Space & Defense Innovati 0.50% 28,721 $980K Add +62.5%
VLO Valero Energy Corp. 0.47% 3,509 $915K Reduce -44.6%
XMLV Invesco S&P Midcap Low Volat 0.44% 13,102 $869K Reduce -0.1%
CAVA Cava Group Inc. 0.44% 10,954 $860K Reduce -0.2%
GNRC Generac Holdings Inc. 0.43% 2,905 $851K Reduce -1.0%
JNJ Johnson & Johnson 0.43% 3,288 $835K Add +3.6%
XLE SS Energy Select Sector 0.41% 15,072 $801K Reduce -1.8%
URA Global X Uranium ETF 0.40% 17,863 $781K Add +1.5%
TSM Taiwan Semiconductor-SP ADR 0.40% 1,631 $780K Add +6.0%
PANW Palo Alto Networks Inc. 0.39% 2,235 $762K No change
CRWD CrowdStrike Holdings Inc. Class A 0.38% 983 $750K Reduce -3.5%
NKE Nike Inc. Class B 0.38% 18,146 $745K Add +43.7%
FDLS Inspire Fidelis Multi Factor 0.37% 17,389 $735K Add +13.8%
GTX Garrett Motion Inc. 0.37% 19,995 $724K Add +0.1%
FTGC First Trust Global Tactical 0.36% 26,077 $705K Reduce -3.7%
MINT PIMCO Enhanced Short Maturit 0.36% 6,921 $698K Add +8.3%
GRMN Garmin Ltd. 0.35% 2,847 $677K Reduce -1.7%
FXU First Trust Utilities Alphad 0.34% 13,612 $671K Reduce -0.4%
WM Waste Management Inc. 0.34% 3,004 $670K Add +0.9%
TPLC Timothy PLN US LRG/Mid Cap 0.34% 13,234 $666K Reduce -0.6%
WWJD Inspire International ETF 0.34% 17,267 $658K Add +1.9%
SPHQ Invesco S&P 500 Quality ETF 0.33% 7,233 $652K Reduce -11.6%
LOW Lowe's Cos Inc. 0.33% 2,933 $647K Reduce -1.4%
SPHD Invesco S&P 500 High Dividen 0.33% 12,590 $640K Reduce -0.6%
LLY Eli Lilly & Co. 0.32% 526 $633K Reduce -0.2%
GOOGL Alphabet Inc. Class A 0.31% 1,699 $607K New
BA The Boeing Co. 0.30% 2,720 $589K No change
FGDL Franklin Resp Sourced Gold 0.30% 11,032 $589K No change
HUSV FT Horizon MNGD Vol Dom ETF 0.29% 14,584 $573K Reduce -7.1%
POWL Powell Industries Inc. 0.29% 1,978 $568K Reduce -0.3%
DBA Invesco DB Agriculture Fund 0.29% 21,249 $567K Reduce -0.1%
TXT Textron Inc. 0.27% 5,869 $539K Reduce -0.0%
DE Deere & Co. 0.26% 798 $506K Add +2.4%
HII Huntington Ingalls Industrie 0.26% 1,782 $502K Add +0.8%
MCD McDonald's Corp. 0.25% 1,827 $494K Add +5.1%
ELCV Eventide High Dividend ETF filed as STRATEGY SHS 0.25% 14,948 $491K Add +18.5%
SYY Sysco Corp. 0.25% 5,814 $486K Reduce -1.2%
SBIO Alps Medical Breakthroughs 0.25% 7,448 $482K Reduce -0.0%
SKYY First Trust Cloud Computing 0.24% 3,547 $478K Reduce -2.6%
BX Blackstone Inc. 0.24% 4,019 $473K Reduce -0.3%
CRM Salesforce Inc. 0.24% 2,956 $464K Reduce -19.4%
FID First Trust S&P Internationa 0.24% 21,563 $463K Add +7.9%
ITA iShares U.S. Aerospace & Def 0.23% 1,882 $456K Add +0.2%
BWXT BWX Technologies Inc. 0.23% 2,309 $451K Reduce -2.4%
PSCI Invesco S&P Smallcap Industr 0.23% 2,412 $449K Add +0.1%
LEU Centrus Energy Corp. Class A 0.23% 2,667 $448K Add +2.2%
CVX Chevron Corp. 0.23% 2,681 $444K Add +0.5%
XSMO Invesco S&P Smallcap Momentu 0.22% 4,650 $436K Reduce -3.4%
PSCT Invesco S&P Smallcap Informa 0.22% 4,673 $432K Add +25.8%

Show all 195 holdings

Portfolio Sells Q1 2026 → Q2 2026
VLO Valero Energy Corp. Reduce -44.6% 0.47% −0.46
RWJ Invesco S&P Smallcap 600 Reduce -45.5% 0.57% −0.45
FTCS First Trust Capital Strength Reduce -11.7% 1.22% −0.36
COST Costco Wholesale Corp. Reduce -9.5% 0.84% −0.30
CALF PCR US SM CP CSH CWS ETF-Usd Reduce -63.5% 0.13% −0.24
NVDA Nvidia Corp. Reduce -1.4% 8.81% −0.19
TSCO Tractor Supply Company Reduce -12.0% 0.20% −0.18
CRM Salesforce Inc. Reduce -19.4% 0.24% −0.17
TMVE Thrivent Mid Cap Value ETF Sold out 0.00% −0.17
DXYZ Destiny TECH100 Inc. Sold out 0.00% −0.16
XOM Exxon Mobil Corp. Sold out 0.00% −0.15
LULU Lululemon Athletica Inc. Sold out 0.00% −0.15
LMBS First Trust Low Duration Opp Reduce -1.6% 0.83% −0.15
XLE SS Energy Select Sector Reduce -1.8% 0.41% −0.15
WMT Walmart Inc. Sold out 0.00% −0.13
FVD First Trust Value Line DVD Reduce -3.3% 0.74% −0.12
PZZA Papa John's Intl Inc. Sold out 0.00% −0.12
SDVY First Trust Smid Cap Rising Reduce -0.3% 1.88% −0.11
FTGC First Trust Global Tactical Reduce -3.7% 0.36% −0.10
GPC Genuine Parts Co. Reduce -34.7% 0.17% −0.10
BLES Inspire Global Hope ETF Reduce -0.2% 1.25% −0.10
CAVA Cava Group Inc. Reduce -0.2% 0.44% −0.08
LOW Lowe's Cos Inc. Reduce -1.4% 0.33% −0.08
OPXS Optex Systems Holdings Inc. Sold out 0.00% −0.08
PPA Invesco Aerospace & Defense Reduce -0.9% 0.86% −0.08
AOS Smith (a.o.) Corp. Reduce -13.3% 0.18% −0.07
NFG National Fuel Gas Co. Reduce -0.3% 0.18% −0.07
IBD Inspire Corporate Bond ETF Reduce -11.6% 0.21% −0.07
XBIL F/M US Treasury 6 Month Bill Reduce -10.3% 0.22% −0.06
RDW Redwire Corp. Sold out 0.00% −0.06
HUSV FT Horizon MNGD Vol Dom ETF Reduce -7.1% 0.29% −0.06
FXU First Trust Utilities Alphad Reduce -0.4% 0.34% −0.06
BWXT BWX Technologies Inc. Reduce -2.4% 0.23% −0.06
DBA Invesco DB Agriculture Fund Reduce -0.1% 0.29% −0.05
GRMN Garmin Ltd. Reduce -1.7% 0.35% −0.05
CGMU Cap Group Municipal Income Reduce -8.9% 0.18% −0.05
PSCE Invesco S&P Smallcap Energy Reduce -7.3% 0.12% −0.05
SPHD Invesco S&P 500 High Dividen Reduce -0.6% 0.33% −0.04
XMLV Invesco S&P Midcap Low Volat Reduce -0.1% 0.44% −0.04
UPS United Parcel Service Class B Reduce -0.6% 0.63% −0.04
FTLS First Trust Long/Short Eqty Reduce -6.4% 0.21% −0.04
EPI Wisdomtree India Earnings Reduce -11.2% 0.16% −0.04
UBER Uber Technologies Inc. Reduce -12.4% 0.12% −0.04
BX Blackstone Inc. Reduce -0.3% 0.24% −0.03
GRAB Grab Holdings Ltd. Class A Sold out 0.00% −0.03
SPHQ Invesco S&P 500 Quality ETF Reduce -11.6% 0.33% −0.03
CMG Chipotle Mexican Grill Inc. Reduce -8.8% 0.15% −0.03
SMR Nuscale Power Corp. Reduce -0.7% 0.11% −0.03
TXT Textron Inc. Reduce -0.0% 0.27% −0.03
RDVY First Trust Rising Dividend Reduce -3.6% 2.68% −0.03

Portfolio Buys Q1 2026 → Q2 2026
AXON Axon Enterprise Inc. Add +2.7% 4.59% +0.67
SPCX Space Exploration Techn Class A New 0.52% +0.52
GOOGL Alphabet Inc. Class A New 0.31% +0.31
BIBL Inspire 100 ETF Add +0.7% 3.68% +0.24
WQTM Wisdomtree Quantum Comp Fund New 0.22% +0.22
CIBR First Trust Nasdaq Cybersecu Add +1.6% 1.00% +0.21
ARKX ARK Space & Defense Innovati Add +62.5% 0.50% +0.19
INTC Intel Corp. New 0.19% +0.19
IONQ Ionq Inc. New 0.19% +0.19
HYDR Global X Hydrogen ETF Add +8.2% 0.67% +0.18
FCEL Fuelcell Energy Inc. New 0.18% +0.18
ZAP GX US Electrification ETF New 0.17% +0.17
PVAL Putnam Focused LRG Cap Value New 0.17% +0.17
GRID First TRST Nasd Class Edg Sgiif Add +37.0% 0.58% +0.16
CBRS Cerebras Systems Inc. Class A New 0.16% +0.16
TAN Invesco Solar ETF New 0.16% +0.16
GTX Garrett Motion Inc. Add +0.1% 0.37% +0.16
BROS Dutch Bros Inc. Class A Add +1.9% 0.78% +0.16
JAAA Janus Henderson Aaa Clo ETF New 0.14% +0.14
KBWB Invesco KBW Bank ETF New 0.13% +0.13
QQEW First TR Nasdaq-100 Sel Eq New 0.13% +0.13
SNOW Snowflake Inc. New 0.12% +0.12
AIRR First Trust Rba American Ind Add +3.4% 1.67% +0.12
IJR iShares Core S&P Small-Cap E New 0.12% +0.12
PL Planet Labs PBC New 0.12% +0.12
SMH Vaneck Semiconductor ETF New 0.11% +0.11
IJH iShares Core S&P Midcap ETF New 0.11% +0.11
TPSC Timothy Plan US Small Cap Co. New 0.11% +0.11
RFV Invesco S&P Midcap 400 Pure New 0.11% +0.11
POWR iShares US Power Infrastruct New 0.11% +0.11
FTHF FT Em Human Flourishing ETF New 0.10% +0.10
VUG Vanguard Mrngstar GR ETF-Sui New 0.10% +0.10
SDY SS SPDR S&P Dividend ETF New 0.10% +0.10
TSM Taiwan Semiconductor-SP ADR Add +6.0% 0.40% +0.09
PSCT Invesco S&P Smallcap Informa Add +25.8% 0.22% +0.09
NEE Nextera Energy Inc. Add +41.4% 0.53% +0.07
ISMD Inspire Small/Mid Cap ETF Add +0.4% 0.81% +0.06
TSLA Tesla Inc. Add +3.6% 4.10% +0.06
GLRY Inspire Growth ETF Add +5.2% 0.66% +0.04
GO Grocery Outlet Holding Corp. Add +63.5% 0.09% +0.04
FDLS Inspire Fidelis Multi Factor Add +13.8% 0.37% +0.04
ELCV Eventide High Dividend ETF Add +18.5% 0.25% +0.04
DTCR Global X Data Center & Digit Add +11.4% 0.17% +0.03
USAR USA Rare Earth Inc. Add +5.7% 0.13% +0.03
PAVE Global X US Infrastructure Add +0.4% 2.59% +0.02
GS Goldman Sachs Group Inc. Add +0.5% 0.50% +0.02
FIW First Trust Water ETF Add +21.4% 0.14% +0.01
XMMO Invesco S&P Midcap Momentum Add +0.5% 0.66% +0.01
FNY First Trust Mid Cap Growth Add +1.5% 0.16% +0.01
BOTZ Global X Robotics & Artifici Add +7.7% 0.18% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 195$196.1MNVDA, AXON, TSLA, BIBL, DGRO
Q1 2026 181$169.6MNVDA, TSLA, AXON, BIBL, DGRO
Q4 2025 180$172.7MNVDA, AXON, TSLA, SHOP, BIBL