Carson Advisory Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Carson Advisory Inc. reported 171 stock positions worth $157.4 million. Its top holding was Cap Group Global Growth (CGGO) at 4.6% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.5%) and Southern (SO, 4.0%). Compared with Q1 2025, it opened 12 new positions, sold out of 5, added to 64 and reduced 67. The biggest buy was AES (AES, shares +108%) and the biggest sale an exit from United States Steel (X).
- Most Recent 13F
- Q2 2026
- Location
- ATHENS, GA
- CIK
- 0001909304
- Portfolio Value
- $157.4M (Q2 2025)
- SEC Filing
- 0001909304-25-000004 ↗ filed Aug 5, 2025
Holdings Value
Holdings 171 stocks · $157.4M
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 4.60% | 226,189 | $7.2M | Add +0.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.46% | 14,444 | $7.0M | Add +0.4% |
| SO The Southern Co. | 4.03% | 69,033 | $6.3M | Reduce -0.5% |
| TCAF T Rowe PRC Cap Appreciation | 3.70% | 165,144 | $5.8M | Add +3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.78% | 14,820 | $4.4M | Add +4.1% |
| D Dominion Energy Inc. | 2.74% | 76,231 | $4.3M | Add +0.3% |
| AAPL Apple Inc. | 2.52% | 19,340 | $4.0M | Reduce -3.9% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.45% | 72,896 | $3.9M | Add +14.0% |
| MSFT Microsoft Corp. | 2.44% | 7,718 | $3.8M | Reduce -0.3% |
| DUK Duke Energy Corp. | 2.36% | 31,421 | $3.7M | Add +0.0% |
| EIX Edison International | 2.16% | 65,920 | $3.4M | Add +5.7% |
| AES AES Corp. | 1.99% | 297,535 | $3.1M | Add +108.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.84% | 73,300 | $2.9M | Reduce -0.5% |
| JPM JPMorgan Chase & Co. | 1.83% | 9,933 | $2.9M | Reduce -0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.76% | 58,453 | $2.8M | Reduce -2.0% |
| JXN Jackson Financial Inc. Class A | 1.58% | 27,930 | $2.5M | Reduce -1.2% |
| HD Home Depot Inc. | 1.52% | 6,514 | $2.4M | Reduce -0.1% |
| T AT&T Inc. | 1.50% | 81,503 | $2.4M | Reduce -4.0% |
| SNV Synovus Financial Corp. | 1.29% | 39,179 | $2.0M | Reduce -3.0% |
| PG The Procter & Gamble Co. | 1.23% | 12,111 | $1.9M | Reduce -0.4% |
| KO The Coca-Cola Co. | 1.05% | 23,284 | $1.6M | Add +2.1% |
| NZF Nuveen Municipal Credit Inc. | 1.04% | 137,038 | $1.6M | Reduce -4.0% |
| JNJ Johnson & Johnson | 1.04% | 10,683 | $1.6M | Reduce -0.0% |
| PFF iShares Preferred & Income S | 0.98% | 50,500 | $1.5M | Add +1.1% |
| SBI Western Asset Intermediate | 0.93% | 194,897 | $1.5M | Reduce -1.5% |
| BX Blackstone Inc. | 0.93% | 9,786 | $1.5M | Reduce -1.1% |
| DAL Delta Air Lines Inc. | 0.92% | 29,376 | $1.4M | Add +5.9% |
| C Citigroup Inc. | 0.87% | 16,100 | $1.4M | Reduce -1.8% |
| SLG SL Green Realty Corp. | 0.85% | 21,728 | $1.3M | Add +1.6% |
| AFL Aflac Inc. | 0.77% | 11,547 | $1.2M | Reduce -0.8% |
| VZ Verizon Communications Inc. | 0.77% | 27,870 | $1.2M | Add +11.2% |
| VIG Vanguard Dividend Apprec ETF | 0.73% | 5,631 | $1.2M | Add +0.6% |
| UPS United Parcel Service Class B | 0.72% | 11,187 | $1.1M | Reduce -8.8% |
| ETN Eaton Corp. PLC | 0.69% | 3,060 | $1.1M | Reduce -5.3% |
| WMT Walmart Inc. | 0.69% | 11,126 | $1.1M | Add +5.0% |
| WHR Whirlpool Corp. | 0.68% | 10,600 | $1.1M | Add +21.5% |
| NVDA Nvidia Corp. | 0.68% | 6,774 | $1.1M | Reduce -3.5% |
| CG The Carlyle Group Inc. | 0.68% | 20,726 | $1.1M | Add +12.5% |
| BA The Boeing Co. | 0.66% | 4,983 | $1.0M | Add +1.0% |
| DIVO Amplify CWP Enhan Divid ETF | 0.66% | 24,365 | $1.0M | Add +1.9% |
| META Meta Platforms Inc. Class A | 0.65% | 1,379 | $1.0M | Reduce -4.9% |
| WFC Wells Fargo & Co. | 0.65% | 12,696 | $1.0M | Reduce -2.3% |
| AMZN Amazon.com Inc. | 0.64% | 4,570 | $1.0M | Reduce -4.3% |
| JUST Goldman Sachs Just US LRG | 0.63% | 11,300 | $994K | No change |
| MU Micron Technology Inc. | 0.63% | 8,042 | $991K | Reduce -5.3% |
| CVX Chevron Corp. | 0.61% | 6,727 | $963K | Reduce -4.7% |
| PEP Pepsico Inc. | 0.60% | 7,134 | $942K | Add +12.1% |
| TFC Truist Financial Corp. | 0.57% | 20,997 | $903K | Add +3.5% |
| PRU Prudential Financial Inc. | 0.56% | 8,201 | $881K | Add +0.0% |
| WD Walker & Dunlop Inc. | 0.56% | 12,500 | $881K | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.55% | 8,044 | $867K | Reduce -3.1% |
| NEE Nextera Energy Inc. | 0.54% | 12,309 | $854K | Add +2.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.54% | 2,810 | $854K | Reduce -8.4% |
| STWD Starwood Property Trust Inc. | 0.54% | 42,157 | $846K | Reduce -0.9% |
| GE General Electric filed as GE AEROSPACE | 0.51% | 3,102 | $798K | Reduce -0.3% |
| PARAA Paramount Global Class B | 0.47% | 56,918 | $734K | Add +3.1% |
| PM Philip Morris International | 0.46% | 3,949 | $719K | Add +0.0% |
| VXUS Vanguard Total Intl Stock | 0.45% | 10,219 | $706K | No change |
| VNQ Vanguard Real Estate ETF | 0.44% | 7,755 | $691K | Reduce -1.3% |
| NUMV Nuveen ESG Mid-Cap Value ETF | 0.43% | 18,970 | $684K | No change |
| APO Apollo Global Management Inc. | 0.41% | 4,537 | $644K | Add +1.1% |
| PCG P G & E Corp. | 0.40% | 45,706 | $637K | Reduce -0.3% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 5,813 | $635K | Reduce -13.4% |
| LOW Lowe's Cos Inc. | 0.40% | 2,812 | $624K | Add +0.1% |
| TBUX T Rowe Price Ultra Short-Ter | 0.40% | 12,543 | $624K | New |
| SCHW Schwab (charles) Corp. | 0.38% | 6,557 | $598K | No change |
| VOO Vanguard S&P 500 ETF | 0.38% | 1,043 | $592K | Add +10.1% |
| CRM Salesforce Inc. | 0.38% | 2,169 | $591K | Add +1.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.36% | 2,519 | $571K | Reduce -0.4% |
| AVGO Broadcom Inc. | 0.35% | 2,023 | $558K | Add +2.0% |
| GOOGL Alphabet Inc. Class A | 0.34% | 2,993 | $528K | New |
| LLY Eli Lilly & Co. | 0.32% | 647 | $504K | Add +4.0% |
| ABBV Abbvie Inc. | 0.32% | 2,709 | $503K | Add +10.4% |
| ICE Intercontinental Exchange Inc. | 0.30% | 2,603 | $478K | No change |
| IJH iShares Core S&P Midcap ETF | 0.30% | 7,692 | $477K | Add +5.3% |
| SBUX Starbucks Corp. | 0.30% | 5,099 | $467K | Add +56.4% |
| GILD Gilead Sciences Inc. | 0.29% | 4,128 | $458K | Reduce -10.8% |
| SNOW Snowflake Inc. | 0.29% | 2,040 | $456K | Add +6.5% |
| MMU Western Asset Managed Munici | 0.29% | 46,104 | $456K | Reduce -6.1% |
| GRAL Grail Inc. | 0.29% | 8,800 | $452K | Reduce -23.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.29% | 818 | $451K | Add +15.5% |
| BAM Brookfield Asset Mgmt-A | 0.28% | 8,050 | $445K | Add +5.2% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.28% | 13,075 | $437K | No change |
| RTX RTX Corp. | 0.28% | 2,964 | $433K | Reduce -3.2% |
| FAST Fastenal Co. | 0.27% | 10,292 | $432K | Reduce -0.2% |
| VGK Vanguard Ftse Europe ETF | 0.27% | 5,522 | $428K | Add +0.0% |
| ILMN Illumina Inc. | 0.27% | 4,465 | $426K | Add +25.3% |
| QCOM Qualcomm Inc. | 0.26% | 2,605 | $415K | Add +0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 3,280 | $407K | Reduce -13.1% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 5,992 | $404K | Add +0.0% |
| CB Chubb Ltd. | 0.26% | 1,388 | $402K | Add +0.6% |
| PNC PNC Financial Services Group | 0.25% | 2,111 | $393K | Add +0.1% |
| VTRS Viatris Inc. | 0.24% | 43,050 | $384K | Reduce -18.2% |
| ITW Illinois Tool Works | 0.24% | 1,554 | $384K | Add +0.1% |
| ZION Zions Bancorp NA | 0.24% | 7,310 | $380K | Add +0.0% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.24% | 8,652 | $379K | No change |
| MO Altria Group Inc. | 0.24% | 6,399 | $375K | Reduce -1.4% |
| ABT Abbott Laboratories | 0.24% | 2,726 | $371K | Add +0.0% |
| CVS CVS Health Corp. | 0.24% | 5,367 | $370K | Reduce -10.1% |
| IVV iShares Core S&P 500 ETF | 0.24% | 596 | $370K | Reduce -7.0% |
Portfolio Sells Q1 2025 → Q2 2025
| X United States Steel Corp. | Sold out | 0.00% | −0.88 |
| GOOG Alphabet Inc. Class C | Sold out | 0.00% | −0.53 |
| AAPL Apple Inc. | Reduce -3.9% | 2.52% | −0.49 |
| SO The Southern Co. | Reduce -0.5% | 4.03% | −0.27 |
| PULS Pgim Ultra Short Bond ETF | Sold out | 0.00% | −0.27 |
| UNH Unitedhealth Group Inc. | Reduce -29.7% | 0.16% | −0.25 |
| VTV Vanguard Mrngstr Val ETF-Aui | Sold out | 0.00% | −0.20 |
| UPS United Parcel Service Class B | Reduce -8.8% | 0.72% | −0.19 |
| CVX Chevron Corp. | Reduce -4.7% | 0.61% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 1.23% | −0.17 |
| WD Walker & Dunlop Inc. | Reduce -0.8% | 0.56% | −0.16 |
| JNJ Johnson & Johnson | Reduce -0.0% | 1.04% | −0.16 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.15 |
| NZF Nuveen Municipal Credit Inc. | Reduce -4.0% | 1.04% | −0.14 |
| PCG P G & E Corp. | Reduce -0.3% | 0.40% | −0.13 |
| T AT&T Inc. | Reduce -4.0% | 1.50% | −0.12 |
| XOM Exxon Mobil Corp. | Reduce -3.1% | 0.55% | −0.11 |
| SBI Western Asset Intermediate | Reduce -1.5% | 0.93% | −0.11 |
| AFL Aflac Inc. | Reduce -0.8% | 0.77% | −0.10 |
| HD Home Depot Inc. | Reduce -0.1% | 1.52% | −0.09 |
| IJR iShares Core S&P Small-Cap E | Reduce -13.4% | 0.40% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -16.4% | 0.16% | −0.07 |
| VTRS Viatris Inc. | Reduce -18.2% | 0.24% | −0.06 |
| GILD Gilead Sciences Inc. | Reduce -10.8% | 0.29% | −0.06 |
| KHC The Kraft Heinz Co. | Reduce -9.4% | 0.15% | −0.06 |
| WY Weyerhaeuser Co. | Reduce -11.5% | 0.15% | −0.06 |
| GIS General Mills Inc. | Reduce -0.3% | 0.22% | −0.05 |
| MMU Western Asset Managed Munici | Reduce -6.1% | 0.29% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -1.3% | 0.44% | −0.04 |
| CVS CVS Health Corp. | Reduce -10.1% | 0.24% | −0.04 |
| JPC Nuveen Prefered & Income Opp | Reduce -8.0% | 0.23% | −0.03 |
| STWD Starwood Property Trust Inc. | Reduce -0.9% | 0.54% | −0.03 |
| PFE Pfizer Inc. | Reduce -3.9% | 0.18% | −0.03 |
| DVY iShares Select Dividend ETF | Reduce -7.0% | 0.17% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.4% | 0.54% | −0.03 |
| MO Altria Group Inc. | Reduce -1.4% | 0.24% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -13.1% | 0.17% | −0.02 |
| JXN Jackson Financial Inc. Class A | Reduce -1.2% | 1.58% | −0.02 |
| NAD Nuveen Quality Municipal Inc. | Reduce -11.5% | 0.08% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -12.2% | 0.21% | −0.02 |
| BXP BXP Inc. | Reduce -2.2% | 0.19% | −0.01 |
| LHX L3HARRIS Technologies Inc. | Reduce -19.0% | 0.15% | −0.01 |
| TJX TJX Companies Inc. | Reduce -1.8% | 0.18% | −0.01 |
| V Visa Inc. Class A | Reduce -1.2% | 0.15% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -7.0% | 0.24% | −0.01 |
| VSGX Vanguard ESG Intl Stock ETF | Reduce -7.5% | 0.15% | −0.00 |
| BX Blackstone Inc. | Reduce -1.1% | 0.93% | −0.00 |
| RTX RTX Corp. | Reduce -3.2% | 0.28% | +0.00 |
| NSC Norfolk Southern Corp. | Reduce -0.4% | 0.17% | +0.00 |
| ORCL Oracle Corp. | Reduce -30.9% | 0.14% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| AES AES Corp. | Add +108.2% | 1.99% | +0.79 |
| TBUX T Rowe Price Ultra Short-Ter | New | 0.40% | +0.40 |
| IBM Intl Business Machines Corp. | Add +4.1% | 2.78% | +0.39 |
| GOOGL Alphabet Inc. Class A | New | 0.34% | +0.34 |
| CGGO Cap Group Global Growth | Add +0.0% | 4.60% | +0.28 |
| TCAF T Rowe PRC Cap Appreciation | Add +3.1% | 3.70% | +0.22 |
| AMD Advanced Micro Devices | New | 0.22% | +0.22 |
| GEV GE Vernova Inc. | New | 0.22% | +0.22 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.20% | +0.20 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +14.0% | 2.45% | +0.19 |
| TT Trane Technologies PLC | New | 0.16% | +0.16 |
| WHR Whirlpool Corp. | Add +21.5% | 0.68% | +0.15 |
| VUG Vanguard Mrngstar GR ETF-Sui | New | 0.15% | +0.15 |
| EMR Emerson Electric Co. | New | 0.14% | +0.14 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.14% | +0.14 |
| CG The Carlyle Group Inc. | Add +12.5% | 0.68% | +0.14 |
| RF Regions Financial Corp. | New | 0.13% | +0.13 |
| AXP American Express Co. | New | 0.13% | +0.13 |
| CAT Caterpillar Inc. | New | 0.13% | +0.13 |
| AVGO Broadcom Inc. | Add +2.0% | 0.35% | +0.13 |
| DAL Delta Air Lines Inc. | Add +5.9% | 0.92% | +0.10 |
| SNOW Snowflake Inc. | Add +6.5% | 0.29% | +0.10 |
| BA The Boeing Co. | Add +1.0% | 0.66% | +0.10 |
| SBUX Starbucks Corp. | Add +56.4% | 0.30% | +0.08 |
| ILMN Illumina Inc. | Add +25.3% | 0.27% | +0.08 |
| WMT Walmart Inc. | Add +5.0% | 0.69% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +15.5% | 0.29% | +0.06 |
| XYZ Block Inc. | Add +16.4% | 0.23% | +0.06 |
| CGCP Cap Group Core Plus Income | Add +52.8% | 0.20% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +10.1% | 0.38% | +0.05 |
| PM Philip Morris International | Add +0.0% | 0.46% | +0.04 |
| BAM Brookfield Asset Mgmt-A | Add +5.2% | 0.28% | +0.03 |
| ADI Analog Devices Inc. | Add +2.6% | 0.21% | +0.03 |
| SLG SL Green Realty Corp. | Add +1.6% | 0.85% | +0.02 |
| ALL Allstate Corp. | Add +25.4% | 0.17% | +0.02 |
| PARAA Paramount Global Class B | Add +3.1% | 0.47% | +0.02 |
| CGGR Cap Group Growth Equity | Add +1.9% | 0.16% | +0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +18.4% | 0.19% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +5.3% | 0.30% | +0.02 |
| FCX Freeport-McMoran Inc. | Add +1.7% | 0.17% | +0.01 |
| TFC Truist Financial Corp. | Add +3.5% | 0.57% | +0.01 |
| VGK Vanguard Ftse Europe ETF | Add +0.0% | 0.27% | +0.01 |
| RVT Royce Small-Cap Trust Inc. | Add +2.0% | 0.16% | +0.00 |
| DIVO Amplify CWP Enhan Divid ETF | Add +1.9% | 0.66% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +0.6% | 0.73% | +0.00 |
| VZ Verizon Communications Inc. | Add +11.2% | 0.77% | +0.00 |
| PNC PNC Financial Services Group | Add +0.1% | 0.25% | +0.00 |
| ZION Zions Bancorp NA | Add +0.0% | 0.24% | −0.00 |
| QCOM Qualcomm Inc. | Add +0.6% | 0.26% | −0.00 |
| APO Apollo Global Management Inc. | Add +1.1% | 0.41% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 204 | $217.7M | HD, CGGO, CGCV, TCAF, BRK.B |
| Q1 2026 | 188 | $192.9M | HD, CGCV, CGGO, TCAF, BRK.B |
| Q4 2025 | 183 | $192.4M | HD, CGCV, CGGO, TCAF, BRK.B |
| Q3 2025 | 173 | $185.4M | HD, CGCV, CGGO, BRK.B, TCAF |
| Q2 2025 | 171 | $157.4M | CGGO, BRK.B, SO, TCAF, IBM |
| Q1 2025 | 164 | $148.5M | BRK.B, CGGO, SO, TCAF, AAPL |
| Q4 2024 | 157 | $143.8M | CGGO, BRK.B, SO, AAPL, TCAF |
| Q3 2024 | 177 | $159.3M | CGGO, BRK.B, SO, AAPL, TCAF |
| Q2 2024 | 166 | $142.5M | CGGO, BRK.B, SO, AAPL, MSFT |
| Q1 2024 | 173 | $142.2M | BRK.B, CGGO, SO, MSFT, AAPL |