Carlson Financial, Inc.

Name: CARLSON FINANCIAL, INC. 13F holdings, Q1 2026
Creator: CARLSON FINANCIAL, INC.
Published: 2026-08-24

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed August 24, 2026), Carlson Financial, Inc. reported 181 stock positions worth $169.6 million. Its top holding was Nvidia (NVDA) at 9.0% of the portfolio, followed by Tesla (TSLA, 4.0%) and Axon Enterprise (AXON, 3.9%). Compared with Q4 2025, it opened 14 new positions, sold out of 13, added to 84 and reduced 77. The biggest buy was Valero Energy (VLO, shares +70%) and the biggest sale Axon Enterprise (AXON, shares −2%).

Most Recent 13F: Q2 2026
Location: CANBY, OR
CIK: 0002134889
Portfolio Value: $169.6M (Q1 2026)
SEC Filing: 0002085853-26-001065 ↗ filed Aug 24, 2026

Holdings Value

Holdings 181 stocks · $169.6M


NVDA Nvidia Corp.	9.00%	87,502	$15.3M	Reduce -0.6%
TSLA Tesla Inc.	4.04%	18,452	$6.9M	Add +0.8%
AXON Axon Enterprise Inc.	3.91%	15,624	$6.6M	Reduce -1.7%
BIBL Inspire 100 ETF	3.44%	123,850	$5.8M	Add +4.5%
DGRO iShares Core Dividend Growth	2.93%	70,865	$5.0M	Add +4.0%
SHOP Shopify Inc. Class A	2.74%	39,172	$4.6M	Add +1.8%
RDVY First Trust Rising Dividend	2.71%	67,268	$4.6M	Reduce -0.1%
PAVE Global X US Infrastructure	2.57%	85,668	$4.4M	Add +3.3%
SDVY First Trust Smid Cap Rising	1.99%	85,692	$3.4M	Reduce -1.0%
AAPL Apple Inc.	1.99%	13,288	$3.4M	Reduce -1.8%
CAT Caterpillar Inc.	1.67%	3,994	$2.8M	Reduce -10.5%
FTCS First Trust Capital Strength	1.57%	28,769	$2.7M	Add +0.2%
AIRR First Trust Rba American Ind	1.55%	23,807	$2.6M	Add +2.6%
TPHD Timothy Plan High DVD STCK	1.47%	60,192	$2.5M	Add +8.2%
AMZN Amazon.com Inc.	1.36%	11,112	$2.3M	Add +1.8%
BLES Inspire Global Hope ETF	1.34%	51,414	$2.3M	Reduce -0.3%
SHLD Global X Defense Tech ETF	1.28%	30,738	$2.2M	Add +2.6%
MSFT Microsoft Corp.	1.24%	5,690	$2.1M	Add +1.5%
COST Costco Wholesale Corp.	1.14%	1,944	$1.9M	Reduce -4.4%
NLR Vaneck Urani & Nuclr ETF-Usd	1.09%	13,847	$1.8M	Add +2.1%
USAI Pacer Ame Energy Infr ETF-US	1.06%	38,100	$1.8M	Add +8.5%
RWJ Invesco S&P Smallcap 600	1.02%	34,314	$1.7M	Reduce -11.2%
LMBS First Trust Low Duration Opp	0.98%	33,366	$1.7M	Reduce -1.2%
PPA Invesco Aerospace & Defense	0.94%	9,581	$1.6M	Add +0.2%
VLO Valero Energy Corp.	0.92%	6,329	$1.6M	Add +69.6%
AVGO Broadcom Inc.	0.88%	4,831	$1.5M	Add +5.0%
PLTR Palantir Technologies Inc. Class A	0.88%	10,219	$1.5M	Add +1.6%
ABBV Abbvie Inc.	0.88%	6,860	$1.5M	Reduce -1.7%
FVD First Trust Value Line DVD	0.86%	31,060	$1.5M	Reduce -8.4%
PWR Quanta Services Inc.	0.85%	2,633	$1.4M	Reduce -0.3%
CIBR First Trust Nasdaq Cybersecu	0.80%	21,552	$1.4M	Add +0.1%
PTL Inspire 500 ETF	0.77%	5,184	$1.3M	Add +9.1%
ISMD Inspire Small/Mid Cap ETF	0.74%	31,562	$1.3M	Add +0.8%
CARR Carrier Global Corp.	0.72%	21,591	$1.2M	Reduce -1.6%
UPS United Parcel Service Class B	0.67%	11,634	$1.1M	Add +1.6%
XMMO Invesco S&P Midcap Momentum	0.65%	7,592	$1.1M	Reduce -1.1%
BROS Dutch Bros Inc. Class A	0.62%	20,854	$1.1M	Add +0.6%
GLRY Inspire Growth ETF	0.62%	28,300	$1.1M	Add +22.1%
JPM JPMorgan Chase & Co.	0.61%	3,522	$1.0M	Add +0.1%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F	0.61%	20,140	$1.0M	Add +1.6%
PULS Pgim Ultra Short Bond ETF	0.60%	20,618	$1.0M	Add +2.5%
HWM Howmet Aerospace Inc.	0.60%	4,414	$1.0M	Add +0.1%
UNP Union Pacific Corp.	0.57%	3,986	$967K	Reduce -0.6%
INCM Franklin Income Focus ETF	0.57%	33,428	$961K	Add +6.7%
PG The Procter & Gamble Co.	0.56%	6,616	$956K	Reduce -0.1%
XLE SS Energy Select Sector	0.55%	15,354	$941K	Add +1.5%
CAVA Cava Group Inc.	0.52%	10,975	$888K	Add +5.9%
URA Global X Uranium ETF	0.50%	17,596	$852K	Add +3.8%
MU Micron Technology Inc.	0.49%	2,485	$840K	Add +23.8%
XMLV Invesco S&P Midcap Low Volat	0.49%	13,119	$826K	Add +0.6%
HYDR Global X Hydrogen ETF	0.49%	22,758	$825K	Add +10.2%
GS Goldman Sachs Group Inc.	0.48%	966	$818K	Reduce -0.6%
FTGC First Trust Global Tactical	0.46%	27,077	$777K	Reduce -1.4%
JNJ Johnson & Johnson	0.46%	3,173	$776K	Reduce -0.5%
NEE Nextera Energy Inc.	0.46%	8,350	$776K	Reduce -0.4%
GRID First TRST Nasd Class Edg Sgiif	0.42%	4,346	$711K	Add +114.8%
LOW Lowe's Cos Inc.	0.41%	2,974	$703K	Reduce -3.2%
FGDL Franklin Resp Sourced Gold	0.40%	11,032	$686K	Add +12.8%
WM Waste Management Inc.	0.40%	2,977	$684K	Reduce -0.4%
CRM Salesforce Inc.	0.40%	3,665	$684K	Reduce -6.4%
FXU First Trust Utilities Alphad	0.40%	13,666	$678K	Reduce -2.2%
GRMN Garmin Ltd.	0.40%	2,897	$672K	Add +1.1%
HII Huntington Ingalls Industrie	0.40%	1,767	$671K	Add +2.5%
NKE Nike Inc. Class B	0.39%	12,624	$667K	Reduce -2.1%
TSCO Tractor Supply Company	0.38%	14,350	$650K	Add +0.3%
MINT PIMCO Enhanced Short Maturit	0.38%	6,388	$642K	Add +19.4%
CALF PCR US SM CP CSH CWS ETF-Usd	0.38%	14,178	$636K	Reduce -33.5%
WWJD Inspire International ETF	0.37%	16,939	$633K	Add +11.3%
SPHD Invesco S&P 500 High Dividen	0.37%	12,668	$628K	Add +0.9%
TPLC Timothy PLN US LRG/Mid Cap	0.36%	13,319	$619K	Add +2.0%
SPHQ Invesco S&P 500 Quality ETF	0.36%	8,179	$615K	Reduce -2.6%
HUSV FT Horizon MNGD Vol Dom ETF	0.35%	15,695	$602K	Reduce -9.4%
DBA Invesco DB Agriculture Fund	0.34%	21,260	$581K	Reduce -0.6%
GNRC Generac Holdings Inc.	0.34%	2,934	$573K	Add +1.1%
FDLS Inspire Fidelis Multi Factor	0.33%	15,280	$564K	Add +55.5%
CVX Chevron Corp.	0.33%	2,668	$552K	Add +1.9%
BA The Boeing Co.	0.32%	2,720	$541K	No change
MCD McDonald's Corp.	0.32%	1,738	$540K	Add +0.5%
NFLX Netflix Inc.	0.31%	5,540	$533K	Add +2.9%
TSM Taiwan Semiconductor-SP ADR	0.31%	1,538	$520K	Add +0.2%
ARKX ARK Space & Defense Innovati	0.31%	17,673	$519K	New
TXT Textron Inc.	0.30%	5,871	$514K	Add +0.3%
LLY Eli Lilly & Co.	0.29%	527	$485K	Reduce -0.4%
AMD Advanced Micro Devices	0.29%	2,382	$485K	Reduce -2.4%
BWXT BWX Technologies Inc.	0.29%	2,365	$484K	Add +0.0%
XBIL F/M US Treasury 6 Month Bill	0.28%	9,609	$481K	Reduce -0.8%
IBD Inspire Corporate Bond ETF	0.28%	20,002	$477K	Reduce -8.7%
BX Blackstone Inc.	0.27%	4,032	$464K	Add +14.5%
LEU Centrus Energy Corp. Class A	0.27%	2,609	$453K	Add +0.1%
GPC Genuine Parts Co.	0.26%	4,214	$446K	Reduce -19.3%
DE Deere & Co.	0.26%	779	$439K	Add +0.1%
AOS Smith (a.o.) Corp.	0.26%	6,644	$438K	Reduce -3.7%
NFG National Fuel Gas Co.	0.25%	4,583	$431K	Reduce -0.4%
FTLS First Trust Long/Short Eqty	0.25%	6,106	$430K	Reduce -0.1%
HAL Halliburton Co.	0.25%	10,983	$428K	New
SYY Sysco Corp.	0.25%	5,887	$420K	Reduce -13.6%
FID First Trust S&P Internationa	0.25%	19,981	$419K	Add +11.2%
ITA iShares U.S. Aerospace & Def	0.24%	1,879	$411K	Reduce -1.8%
CGMS Cap Group US Multi-Sect Bond	0.24%	14,930	$407K	Reduce -5.7%
SKYY First Trust Cloud Computing	0.23%	3,642	$398K	Reduce -3.2%

Show all 181 holdings

Portfolio Sells Q4 2025 → Q1 2026


AXON Axon Enterprise Inc.	Reduce -1.7%	3.91%	−1.31
NVDA Nvidia Corp.	Reduce -0.6%	9.00%	−0.51
CRM Salesforce Inc.	Reduce -6.4%	0.40%	−0.20
CALF PCR US SM CP CSH CWS ETF-Usd	Reduce -33.5%	0.38%	−0.17
IONQ Ionq Inc.	Sold out	0.00%	−0.15
PINS Pinterest Inc. Class A	Sold out	0.00%	−0.14
AAPL Apple Inc.	Reduce -1.8%	1.99%	−0.14
PII Polaris Inc.	Sold out	0.00%	−0.13
NNE Nano Nuclear Energy Inc.	Sold out	0.00%	−0.13
SNOW Snowflake Inc.	Sold out	0.00%	−0.13
DKNG Draftkings Inc. Class A	Sold out	0.00%	−0.13
AVAV Aerovironment Inc.	Sold out	0.00%	−0.12
VUG Vanguard Mrngstar GR ETF-Sui	Sold out	0.00%	−0.12
QQEW First TR Nasdaq-100 Sel Eq	Sold out	0.00%	−0.12
IJH iShares Core S&P Midcap ETF	Sold out	0.00%	−0.12
GOOGL Alphabet Inc. Class A	Sold out	0.00%	−0.12
CBSH Commerce Bancshares Inc.	Sold out	0.00%	−0.12
GPC Genuine Parts Co.	Reduce -19.3%	0.26%	−0.11
SPOK Spok Holdings Inc.	Sold out	0.00%	−0.09
NKE Nike Inc. Class B	Reduce -2.1%	0.39%	−0.08
TMVE Thrivent Mid Cap Value ETF	Reduce -35.0%	0.17%	−0.08
PZZA Papa John's Intl Inc.	Reduce -25.5%	0.12%	−0.07
RWJ Invesco S&P Smallcap 600	Reduce -11.2%	1.02%	−0.07
LULU Lululemon Athletica Inc.	Reduce -5.7%	0.15%	−0.06
QYLD Global X Nasd 100 Cov Call	Reduce -17.4%	0.23%	−0.05
CRWD CrowdStrike Holdings Inc. Class A	Reduce -2.4%	0.23%	−0.05
SKYY First Trust Cloud Computing	Reduce -3.2%	0.23%	−0.05
ABBV Abbvie Inc.	Reduce -1.7%	0.88%	−0.04
FVD First Trust Value Line DVD	Reduce -8.4%	0.86%	−0.04
LLY Eli Lilly & Co.	Reduce -0.4%	0.29%	−0.04
SYY Sysco Corp.	Reduce -13.6%	0.25%	−0.04
XPEL Xpel Inc.	Reduce -16.8%	0.13%	−0.04
EPI Wisdomtree India Earnings	Reduce -7.8%	0.20%	−0.04
ARKF ARK Blockchain & Fintech Inn	Reduce -2.8%	0.15%	−0.04
UBER Uber Technologies Inc.	Reduce -9.3%	0.15%	−0.04
HUSV FT Horizon MNGD Vol Dom ETF	Reduce -9.4%	0.35%	−0.03
CMG Chipotle Mexican Grill Inc.	Reduce -2.5%	0.18%	−0.03
RTX RTX Corp.	Reduce -24.1%	0.13%	−0.03
GRAB Grab Holdings Ltd. Class A	Reduce -31.5%	0.03%	−0.03
ARKK ARK Innovation ETF	Reduce -1.0%	0.21%	−0.03
XYLD Global X S&P 500 Cove Call E	Reduce -14.8%	0.13%	−0.03
IBD Inspire Corporate Bond ETF	Reduce -8.7%	0.28%	−0.03
XLRE SS Real Estate Select Sector	Reduce -13.4%	0.18%	−0.02
META Meta Platforms Inc. Class A	Reduce -1.3%	0.13%	−0.02
SPIB SS SPDR P Int C Corp. ETF	Reduce -13.4%	0.12%	−0.02
F Ford Motor Co.	Reduce -0.9%	0.14%	−0.02
AMD Advanced Micro Devices	Reduce -2.4%	0.29%	−0.02
QQQ Invesco QQQ Trust Series 1	Reduce -3.5%	0.20%	−0.02
LOW Lowe's Cos Inc.	Reduce -3.2%	0.41%	−0.01
CGMS Cap Group US Multi-Sect Bond	Reduce -5.7%	0.24%	−0.01

Portfolio Buys Q4 2025 → Q1 2026


VLO Valero Energy Corp.	Add +69.6%	0.92%	+0.57
BIBL Inspire 100 ETF	Add +4.5%	3.44%	+0.35
ARKX ARK Space & Defense Innovati	New	0.31%	+0.31
USAI Pacer Ame Energy Infr ETF-US	Add +8.5%	1.06%	+0.28
PAVE Global X US Infrastructure	Add +3.3%	2.57%	+0.27
HAL Halliburton Co.	New	0.25%	+0.25
GRID First TRST Nasd Class Edg Sgiif	Add +114.8%	0.42%	+0.24
AIRR First Trust Rba American Ind	Add +2.6%	1.55%	+0.23
TPHD Timothy Plan High DVD STCK	Add +8.2%	1.47%	+0.23
DGRO iShares Core Dividend Growth	Add +4.0%	2.93%	+0.19
CAVA Cava Group Inc.	Add +5.9%	0.52%	+0.17
PSCE Invesco S&P Smallcap Energy	New	0.16%	+0.16
MU Micron Technology Inc.	Add +23.8%	0.49%	+0.16
XLE SS Energy Select Sector	Add +1.5%	0.55%	+0.16
SHLD Global X Defense Tech ETF	Add +2.6%	1.28%	+0.16
XOM Exxon Mobil Corp.	New	0.15%	+0.15
DTCR Global X Data Center & Digit	New	0.14%	+0.14
GLRY Inspire Growth ETF	Add +22.1%	0.62%	+0.14
FDLS Inspire Fidelis Multi Factor	Add +55.5%	0.33%	+0.13
FEM First Trust Emerging Markets	New	0.13%	+0.13
WMT Walmart Inc.	New	0.13%	+0.13
FLY Firefly Aerospace Inc.	New	0.13%	+0.13
FDL First Trust Morn DVD Lead Inc.	New	0.13%	+0.13
RSPU Invesco S&P 500 Equal Weight	New	0.12%	+0.12
CLIP Global X 1-3 Month T-Bill	New	0.12%	+0.12
ONDS Ondas Inc.	New	0.12%	+0.12
NLR Vaneck Urani & Nuclr ETF-Usd	Add +2.1%	1.09%	+0.11
GNRC Generac Holdings Inc.	Add +1.1%	0.34%	+0.11
HYDR Global X Hydrogen ETF	Add +10.2%	0.49%	+0.11
USAR USA Rare Earth Inc.	New	0.10%	+0.10
CVX Chevron Corp.	Add +1.9%	0.33%	+0.09
URA Global X Uranium ETF	Add +3.8%	0.50%	+0.08
PTL Inspire 500 ETF	Add +9.1%	0.77%	+0.08
FGDL Franklin Resp Sourced Gold	Add +12.8%	0.40%	+0.08
HWM Howmet Aerospace Inc.	Add +0.1%	0.60%	+0.08
PPA Invesco Aerospace & Defense	Add +0.2%	0.94%	+0.07
MINT PIMCO Enhanced Short Maturit	Add +19.4%	0.38%	+0.07
GRMN Garmin Ltd.	Add +1.1%	0.40%	+0.06
INCM Franklin Income Focus ETF	Add +6.7%	0.57%	+0.06
HII Huntington Ingalls Industrie	Add +2.5%	0.40%	+0.06
WWJD Inspire International ETF	Add +11.3%	0.37%	+0.05
DE Deere & Co.	Add +0.1%	0.26%	+0.05
BWXT BWX Technologies Inc.	Add +0.0%	0.29%	+0.05
ISMD Inspire Small/Mid Cap ETF	Add +0.8%	0.74%	+0.04
GO Grocery Outlet Holding Corp.	New	0.04%	+0.04
RCAT Red Cat Holdings Inc.	Add +4.1%	0.09%	+0.04
TSM Taiwan Semiconductor-SP ADR	Add +0.2%	0.31%	+0.04
FTCS First Trust Capital Strength	Add +0.2%	1.57%	+0.03
ELCV Eventide High Dividend ETF	Add +6.7%	0.22%	+0.03
FID First Trust S&P Internationa	Add +11.2%	0.25%	+0.03

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	195	$196.1M	NVDA, AXON, TSLA, BIBL, DGRO
Q1 2026	181	$169.6M	NVDA, TSLA, AXON, BIBL, DGRO
Q4 2025	180	$172.7M	NVDA, AXON, TSLA, SHOP, BIBL