Carrera Capital Advisors
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), Carrera Capital Advisors reported 171 stock positions worth $594.7 million. Its top holding was Bondbloxx BBG 6 MTH US Treas (XHLF) at 21.1% of the portfolio, followed by Proshares S&P 500 Dividend A (NOBL, 5.8%) and SS SPDR BB 1-3M T-Bill ETF (BIL, 4.8%). Compared with Q3 2025, it opened 29 new positions, sold out of 9, added to 96 and reduced 41. The biggest buy was iShares 20+ Year Treasury BD (TLT, shares +362%) and the biggest sale BBLX Private Credit Clo ETF (PCMM, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- TROY, MI
- CIK
- 0002035329
- Portfolio Value
- $594.7M (Q4 2025)
- SEC Filing
- 0002035329-26-000001 ↗ filed Jan 30, 2026
Holdings Value
Holdings 171 stocks · $594.7M
| XHLF Bondbloxx BBG 6 MTH US Treas | 21.10% | 2,489,784 | $125.5M | Add +5.8% |
| NOBL Proshares S&P 500 Dividend A | 5.84% | 333,532 | $34.7M | Add +0.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.84% | 314,703 | $28.8M | Reduce -5.4% |
| FTGC First Trust Global Tactical | 4.18% | 1,071,159 | $24.9M | Add +16.1% |
| SLV iShares Silver Trust | 3.46% | 319,089 | $20.6M | Reduce -28.0% |
| JAAA Janus Henderson Aaa Clo ETF | 3.37% | 395,851 | $20.0M | Reduce -8.6% |
| PCMM BBLX Private Credit Clo ETF | 2.85% | 338,359 | $17.0M | Reduce -42.8% |
| VEA Vanguard Ftse Developed ETF | 2.71% | 257,967 | $16.1M | Add +0.4% |
| USMV iShares MSCI USA Min Vol Fac | 2.60% | 164,230 | $15.5M | Reduce -5.7% |
| TLT iShares 20+ Year Treasury BD | 2.48% | 169,432 | $14.8M | Add +362.4% |
| ILF iShares Latin America 40 ETF | 2.13% | 412,471 | $12.6M | Add +2.3% |
| GDXJ Vaneck Junior Gold Miners | 1.74% | 91,076 | $10.4M | Reduce -28.6% |
| BSCT Invesco Bulletshares 2029 CB | 1.73% | 547,487 | $10.3M | Add +3.1% |
| LMBS First Trust Low Duration Opp | 1.59% | 189,556 | $9.5M | Add +2450.2% |
| FXI iShares China Large-Cap ETF | 1.45% | 225,163 | $8.6M | Reduce -6.0% |
| EWM iShares MSCI Malaysia ETF | 1.40% | 303,773 | $8.3M | Add +2.5% |
| AVEM Avantis Emerging Markets Eq | 1.29% | 99,387 | $7.7M | New |
| VZ Verizon Communications Inc. | 1.24% | 180,419 | $7.3M | Add +25.0% |
| BTAL Agf US Market Neutral Anti-B | 1.23% | 494,840 | $7.3M | New |
| JPM JPMorgan Chase & Co. | 1.09% | 20,073 | $6.5M | Add +247.9% |
| NMR Nomura Holdings Inc.-Spon ADR | 1.04% | 738,664 | $6.2M | Reduce -3.4% |
| VTR Ventas Inc. | 1.01% | 77,391 | $6.0M | Add +2.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.99% | 65,695 | $5.9M | Add +3.8% |
| JNJ Johnson & Johnson | 0.99% | 28,333 | $5.9M | Add +14.8% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.92% | 195,638 | $5.5M | New |
| AMG Affiliated Managers Group | 0.85% | 17,573 | $5.1M | Reduce -2.5% |
| TELFY Telefonica SA-Spon ADR | 0.81% | 1,138,086 | $4.8M | Add +6.5% |
| MT Arcelormittal-NY Registered | 0.79% | 102,544 | $4.7M | New |
| CPA Copa Holdings SA Class A | 0.72% | 35,591 | $4.3M | Reduce -3.1% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.71% | 42,853 | $4.3M | Reduce -9.5% |
| AAPL Apple Inc. | 0.67% | 14,626 | $4.0M | Add +40.4% |
| ITOT iShares Core S&P Total U.S. | 0.66% | 26,340 | $3.9M | Add +12.9% |
| VIV Telefonica Brasil-ADR | 0.65% | 327,079 | $3.9M | Reduce -4.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.60% | 12,266 | $3.6M | Add +5.7% |
| SYY Sysco Corp. | 0.60% | 48,210 | $3.6M | Add +9.9% |
| TASEKO MINES LTD | 0.57% | 601,712 | $3.4M | Reduce -14.8% |
| MSFT Microsoft Corp. | 0.56% | 6,885 | $3.3M | Add +4.5% |
| HBM Hudbay Minerals Inc. | 0.53% | 158,385 | $3.1M | Reduce -11.4% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.46% | 61,019 | $2.8M | Reduce -1.2% |
| BSAC Banco Santander-Chile-ADR | 0.46% | 88,178 | $2.7M | Add +1.4% |
| IVV iShares Core S&P 500 ETF | 0.45% | 3,947 | $2.7M | Reduce -2.9% |
| SYK Stryker Corp. | 0.45% | 7,622 | $2.7M | Add +1.0% |
| EPHE iShares MSCI Philippines ETF | 0.44% | 104,662 | $2.6M | Add +4.7% |
| EIDO iShares MSCI Indonesia ETF | 0.42% | 134,362 | $2.5M | Add +4.2% |
| TAK Takeda Pharmaceutic-SP ADR | 0.42% | 160,359 | $2.5M | Add +6.5% |
| XOP SS SPDR S&P Og Exp & Prod | 0.39% | 18,417 | $2.3M | Add +16.5% |
| BKR Baker Hughes Co. | 0.36% | 46,897 | $2.1M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 0.35% | 6,679 | $2.1M | Add +45.6% |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | 0.34% | 31,452 | $2.0M | Reduce -31.0% |
| AMZN Amazon.com Inc. | 0.34% | 8,827 | $2.0M | Add +11.1% |
| URNM Sprott Uranium Miners ETF | 0.34% | 36,451 | $2.0M | Reduce -11.9% |
| CRK Comstock Resources Inc. | 0.32% | 82,910 | $1.9M | Add +0.7% |
| COMT iShares Gsci Commodity Dynam | 0.32% | 75,987 | $1.9M | Add +11.6% |
| IWB iShares Russell 1000 ETF | 0.32% | 5,065 | $1.9M | Add +0.3% |
| SCHF Schwab Intl Equity ETF | 0.32% | 77,963 | $1.9M | Reduce -0.7% |
| AGG iShares Core U.S. Aggregate | 0.31% | 18,504 | $1.8M | Add +11.3% |
| OXY Occidental Petroleum Corp. | 0.31% | 44,279 | $1.8M | Add +0.5% |
| NVDA Nvidia Corp. | 0.31% | 9,797 | $1.8M | Add +53.6% |
| RNW Renew Energy Global PLC-A | 0.30% | 314,888 | $1.8M | Reduce -10.8% |
| IEMG iShares Core MSCI Emerging | 0.30% | 26,367 | $1.8M | Add +1.2% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 14,713 | $1.8M | Add +1.0% |
| OVV Ovintiv Inc. | 0.29% | 43,443 | $1.7M | Reduce -3.6% |
| PPLT Abrdn Physical Platinum SHRS | 0.28% | 8,922 | $1.7M | Reduce -11.3% |
| IJH iShares Core S&P Midcap ETF | 0.27% | 24,467 | $1.6M | Add +20.7% |
| LYFT LYFT Inc. Class A | 0.27% | 82,729 | $1.6M | Reduce -18.1% |
| BND Vanguard Total Bond Market | 0.25% | 19,785 | $1.5M | Reduce -2.9% |
| UWMC Uwm Holdings Corp. | 0.24% | 325,291 | $1.5M | Add +15.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 2,316 | $1.4M | Add +99.3% |
| EZA iShares MSCI South Africa Et | 0.24% | 20,421 | $1.4M | Reduce -86.8% |
| RSP Invesco S&P 500 Equal Weight | 0.20% | 6,095 | $1.2M | Add +2.6% |
| VOO Vanguard S&P 500 ETF | 0.19% | 1,758 | $1.1M | Add +5.8% |
| EZU iShares MSCI Eurozone ETF | 0.18% | 16,319 | $1.0M | Reduce -1.2% |
| TSLA Tesla Inc. | 0.17% | 2,313 | $1.0M | Add +18.9% |
| COST Costco Wholesale Corp. | 0.17% | 1,196 | $1.0M | Add +93.2% |
| WFC Wells Fargo & Co. | 0.17% | 10,761 | $1.0M | Add +3.8% |
| LLY Eli Lilly & Co. | 0.16% | 873 | $939K | Add +19.8% |
| META Meta Platforms Inc. Class A | 0.15% | 1,391 | $918K | Add +50.2% |
| XOM Exxon Mobil Corp. | 0.15% | 7,502 | $903K | Add +103.3% |
| MDY State Street SPDR S&P Midcap | 0.15% | 1,427 | $864K | Reduce -0.3% |
| VNQ Vanguard Real Estate ETF | 0.14% | 9,602 | $850K | Add +3.7% |
| CAT Caterpillar Inc. | 0.14% | 1,444 | $827K | Add +4.5% |
| SCHD Schwab US DVD Equity ETF | 0.13% | 29,228 | $802K | Add +75.3% |
| EWS iShares MSCI Singapore ETF | 0.13% | 28,658 | $788K | Reduce -87.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 1,529 | $769K | Add +38.3% |
| CVX Chevron Corp. | 0.13% | 5,009 | $763K | Add +7.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.13% | 1 | $755K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.12% | 13,532 | $727K | Add +5.1% |
| V Visa Inc. Class A | 0.12% | 2,004 | $703K | Add +22.2% |
| ET Energy Transfer LP | 0.12% | 41,803 | $689K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 1,008 | $689K | Reduce -3.1% |
| URA Global X Uranium ETF | 0.12% | 16,002 | $684K | Reduce -13.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.11% | 9,251 | $680K | Add +12.0% |
| VLUE iShares MSCI USA Value Facto | 0.11% | 4,903 | $670K | Add +2.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.11% | 11,602 | $638K | Add +27.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.10% | 11,606 | $584K | Reduce -3.6% |
| IWM iShares Russell 2000 ETF | 0.10% | 2,360 | $581K | Reduce -0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 2,607 | $573K | New |
| NEAR iShares SH Dba ETF Usd Inc. | 0.09% | 10,755 | $550K | New |
| SCHH Schwab US REIT ETF | 0.09% | 25,804 | $539K | Add +1.0% |
| DTE DTE Energy Company | 0.09% | 4,097 | $533K | Add +19.3% |
Portfolio Sells Q3 2025 → Q4 2025
| PCMM BBLX Private Credit Clo ETF | Reduce -42.8% | 2.85% | −2.51 |
| EZA iShares MSCI South Africa Et | Reduce -86.8% | 0.24% | −1.54 |
| EWS iShares MSCI Singapore ETF | Reduce -87.3% | 0.13% | −1.02 |
| DMC Del Monte Corp. | Sold out | 0.00% | −0.82 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -5.4% | 4.84% | −0.64 |
| AMT American Tower Corp. | Sold out | 0.00% | −0.59 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -8.6% | 3.37% | −0.58 |
| GDXJ Vaneck Junior Gold Miners | Reduce -28.6% | 1.74% | −0.52 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -5.7% | 2.60% | −0.37 |
| FXI iShares China Large-Cap ETF | Reduce -6.0% | 1.45% | −0.32 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Reduce -31.0% | 0.34% | −0.21 |
| RNW Renew Energy Global PLC-A | Reduce -10.8% | 0.30% | −0.19 |
| VIV Telefonica Brasil-ADR | Reduce -4.9% | 0.65% | −0.13 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -9.5% | 0.71% | −0.13 |
| LYFT LYFT Inc. Class A | Reduce -18.1% | 0.27% | −0.13 |
| URNM Sprott Uranium Miners ETF | Reduce -11.9% | 0.34% | −0.11 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.09 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.07 |
| CPA Copa Holdings SA Class A | Reduce -3.1% | 0.72% | −0.06 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.06 |
| URA Global X Uranium ETF | Reduce -13.7% | 0.12% | −0.04 |
| OVV Ovintiv Inc. | Reduce -3.6% | 0.29% | −0.04 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -2.9% | 0.45% | −0.03 |
| BND Vanguard Total Bond Market | Reduce -2.9% | 0.25% | −0.03 |
| EC Ecopetrol SA-Sponsored ADR | Sold out | 0.00% | −0.02 |
| CGAU Centerra Gold Inc. | Sold out | 0.00% | −0.02 |
| PSA Public Storage | Reduce -12.5% | 0.04% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -0.7% | 0.32% | −0.01 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -1.2% | 0.46% | −0.01 |
| BTG B2GOLD Corp. | Sold out | 0.00% | −0.01 |
| CMS CMS Energy Corp. | Reduce -7.9% | 0.05% | −0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -3.6% | 0.10% | −0.01 |
| IEF iShares 7-10 Year Treasury B | Reduce -6.0% | 0.07% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.1% | 0.12% | −0.01 |
| KT KT Corp.-SP ADR | Reduce -9.4% | 0.04% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -0.3% | 0.15% | −0.01 |
| EZU iShares MSCI Eurozone ETF | Reduce -1.2% | 0.18% | −0.01 |
| SOXX iShares Semiconductor ETF | Reduce -17.9% | 0.04% | −0.01 |
| SAN Banco Santander SA-Spon ADR | Reduce -24.1% | 0.02% | −0.01 |
| VFLO Victoryshares Free Cash Flow | Reduce -8.1% | 0.05% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -0.1% | 0.10% | −0.00 |
| ENIC Enel Chile SA-ADR | Reduce -3.3% | 0.03% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -4.2% | 0.05% | +0.01 |
| PPLT Abrdn Physical Platinum SHRS | Reduce -11.3% | 0.28% | +0.02 |
| TASEKO MINES LTD | Reduce -14.8% | 0.57% | +0.04 |
| HBM Hudbay Minerals Inc. | Reduce -11.4% | 0.53% | +0.04 |
| NMR Nomura Holdings Inc.-Spon ADR | Reduce -3.4% | 1.04% | +0.04 |
| AMG Affiliated Managers Group | Reduce -2.5% | 0.85% | +0.08 |
| SLV iShares Silver Trust | Reduce -28.0% | 3.46% | +0.09 |
Portfolio Buys Q3 2025 → Q4 2025
| TLT iShares 20+ Year Treasury BD | Add +362.4% | 2.48% | +1.90 |
| LMBS First Trust Low Duration Opp | Add +2450.2% | 1.59% | +1.53 |
| AVEM Avantis Emerging Markets Eq | New | 1.29% | +1.29 |
| BTAL Agf US Market Neutral Anti-B | New | 1.23% | +1.23 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | New | 0.92% | +0.92 |
| MT Arcelormittal-NY Registered | New | 0.79% | +0.79 |
| JPM JPMorgan Chase & Co. | Add +247.9% | 1.09% | +0.76 |
| AAPL Apple Inc. | Add +40.4% | 0.67% | +0.19 |
| JNJ Johnson & Johnson | Add +14.8% | 0.99% | +0.16 |
| GOOGL Alphabet Inc. Class A | Add +45.6% | 0.35% | +0.15 |
| ET Energy Transfer LP | New | 0.12% | +0.12 |
| QQQ Invesco QQQ Trust Series 1 | Add +99.3% | 0.24% | +0.11 |
| VZ Verizon Communications Inc. | Add +25.0% | 1.24% | +0.10 |
| VIG Vanguard Dividend Apprec ETF | New | 0.10% | +0.10 |
| NVDA Nvidia Corp. | Add +53.6% | 0.31% | +0.09 |
| NEAR iShares SH Dba ETF Usd Inc. | New | 0.09% | +0.09 |
| XOM Exxon Mobil Corp. | Add +103.3% | 0.15% | +0.08 |
| GLD SPDR Gold Shares | New | 0.07% | +0.07 |
| IWF iShares Russell 1000 Growth | New | 0.07% | +0.07 |
| COST Costco Wholesale Corp. | Add +93.2% | 0.17% | +0.07 |
| IMCG iShares Morningstar Mid-Cap | New | 0.07% | +0.07 |
| VONG Vanguard Russell 1000 Growth | New | 0.06% | +0.06 |
| VTR Ventas Inc. | Add +2.6% | 1.01% | +0.06 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 0.06% | +0.06 |
| LLY Eli Lilly & Co. | Add +19.8% | 0.16% | +0.06 |
| COWZ Pacer US Cash Cows 100 ETF | New | 0.06% | +0.06 |
| SCHD Schwab US DVD Equity ETF | Add +75.3% | 0.13% | +0.05 |
| ITOT iShares Core S&P Total U.S. | Add +12.9% | 0.66% | +0.05 |
| BSAC Banco Santander-Chile-ADR | Add +1.4% | 0.46% | +0.05 |
| ATAIBECKLEY INC | New | 0.05% | +0.05 |
| SILJ Amplify Junior Silver Miners | New | 0.04% | +0.04 |
| GBTC Grayscale Bitcoin Trust ETF | New | 0.04% | +0.04 |
| VONV Vanguard Russell 1000 Value | New | 0.04% | +0.04 |
| ALL Allstate Corp. | New | 0.04% | +0.04 |
| JPST JPMorgan Ultra-Short Income | New | 0.04% | +0.04 |
| BJ Bj's Wholesale Club Holdings | New | 0.04% | +0.04 |
| AXP American Express Co. | New | 0.04% | +0.04 |
| ASO Academy Sports & Outdoors Inc. | New | 0.04% | +0.04 |
| LRCX Lam Research Corp. | New | 0.04% | +0.04 |
| NEE Nextera Energy Inc. | New | 0.04% | +0.04 |
| ILF iShares Latin America 40 ETF | Add +2.3% | 2.13% | +0.04 |
| E Eni SPA-Sponsored ADR | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | New | 0.03% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +20.7% | 0.27% | +0.03 |
| AVGO Broadcom Inc. | Add +69.4% | 0.08% | +0.03 |
| META Meta Platforms Inc. Class A | Add +50.2% | 0.15% | +0.03 |
| CRK Comstock Resources Inc. | Add +0.7% | 0.32% | +0.03 |
| AMZN Amazon.com Inc. | Add +11.1% | 0.34% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +38.3% | 0.13% | +0.03 |
| WMT Walmart Inc. | Add +69.9% | 0.07% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 210 | $674.9M | XHLF, BIL, NOBL, VEA, FTGC |
| Q1 2026 | 188 | $649.1M | XHLF, BIL, FTGC, BTAL, NOBL |
| Q4 2025 | 171 | $594.7M | XHLF, NOBL, BIL, FTGC, SLV |
| Q3 2025 | 151 | $557.4M | XHLF, NOBL, BIL, PCMM, FTGC |
| Q2 2025 | 143 | $496.6M | XHLF, BIL, NOBL, PCMM, FTGC |
| Q1 2025 | 148 | $451.5M | XHLF, BIL, PCMM, ZROZ, USMV |
| Q4 2024 | 137 | $427.2M | XHLF, BIL, USMV, ZROZ, SLV |
| Q3 2024 | 108 | $408.9M | XHLF, USMV, BIL, ZROZ, ILF |
| Q2 2024 | 85 | $306.0M | BIL, USMV, ILF, FNDF, ZROZ |