Carson Advisory Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Carson Advisory Inc. reported 173 stock positions worth $185.4 million. Its top holding was Home Depot (HD) at 6.6% of the portfolio, followed by Cap Group Conservative Eq (CGCV, 4.5%) and Cap Group Global Growth (CGGO, 4.2%). Compared with Q2 2025, it opened 9 new positions, sold out of 7, added to 56 and reduced 78. The biggest buy was Home Depot (HD, shares +364%) and the biggest sale AT&T (T, shares −23%).
- Most Recent 13F
- Q2 2026
- Location
- ATHENS, GA
- CIK
- 0001909304
- Portfolio Value
- $185.4M (Q3 2025)
- SEC Filing
- 0001909304-25-000006 ↗ filed Nov 6, 2025
Holdings Value
Holdings 173 stocks · $185.4M
| HD Home Depot Inc. | 6.60% | 30,215 | $12.2M | Add +363.9% |
| CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E | 4.52% | 278,050 | $8.4M | New |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 4.22% | 229,120 | $7.8M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.97% | 14,639 | $7.4M | Add +1.4% |
| TCAF T Rowe PRC Cap Appreciation | 3.78% | 185,980 | $7.0M | Add +12.6% |
| SO The Southern Co. | 3.57% | 69,819 | $6.6M | Add +1.1% |
| AAPL Apple Inc. | 2.66% | 19,378 | $4.9M | Add +0.2% |
| D Dominion Energy Inc. | 2.49% | 75,416 | $4.6M | Reduce -1.1% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.28% | 79,472 | $4.2M | Add +9.0% |
| EIX Edison International | 2.26% | 75,679 | $4.2M | Add +14.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.24% | 14,720 | $4.2M | Reduce -0.7% |
| AES AES Corp. | 2.16% | 304,979 | $4.0M | Add +2.5% |
| MSFT Microsoft Corp. | 2.16% | 7,734 | $4.0M | Add +0.2% |
| DUK Duke Energy Corp. | 2.10% | 31,422 | $3.9M | Add +0.0% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 1.80% | 79,225 | $3.3M | Add +8.1% |
| JPM JPMorgan Chase & Co. | 1.63% | 9,563 | $3.0M | Reduce -3.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.60% | 57,470 | $3.0M | Reduce -1.7% |
| JXN Jackson Financial Inc. Class A | 1.34% | 24,611 | $2.5M | Reduce -11.9% |
| JNJ Johnson & Johnson | 1.07% | 10,691 | $2.0M | Add +0.1% |
| PG The Procter & Gamble Co. | 1.00% | 12,059 | $1.9M | Reduce -0.4% |
| T AT&T Inc. | 0.95% | 62,473 | $1.8M | Reduce -23.4% |
| SNV Synovus Financial Corp. | 0.93% | 34,979 | $1.7M | Reduce -10.7% |
| NZF Nuveen Municipal Credit Inc. | 0.91% | 134,517 | $1.7M | Reduce -1.8% |
| PFF iShares Preferred & Income S | 0.89% | 52,450 | $1.7M | Add +3.9% |
| DAL Delta Air Lines Inc. | 0.89% | 29,130 | $1.7M | Reduce -0.8% |
| BX Blackstone Inc. | 0.89% | 9,626 | $1.6M | Reduce -1.6% |
| C Citigroup Inc. | 0.79% | 14,485 | $1.5M | Reduce -10.0% |
| SBI Western Asset Intermediate | 0.79% | 184,197 | $1.5M | Reduce -5.5% |
| KO The Coca-Cola Co. | 0.77% | 21,412 | $1.4M | Reduce -8.0% |
| SLG SL Green Realty Corp. | 0.70% | 21,631 | $1.3M | Reduce -0.5% |
| CG The Carlyle Group Inc. | 0.68% | 20,026 | $1.3M | Reduce -3.4% |
| NVDA Nvidia Corp. | 0.67% | 6,688 | $1.2M | Reduce -1.3% |
| MU Micron Technology Inc. | 0.66% | 7,318 | $1.2M | Reduce -9.0% |
| VIG Vanguard Dividend Apprec ETF | 0.66% | 5,636 | $1.2M | Add +0.1% |
| AFL Aflac Inc. | 0.65% | 10,753 | $1.2M | Reduce -6.9% |
| VZ Verizon Communications Inc. | 0.65% | 27,212 | $1.2M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 0.63% | 4,798 | $1.2M | New |
| WMT Walmart Inc. | 0.63% | 11,328 | $1.2M | Add +1.8% |
| ETN Eaton Corp. PLC | 0.61% | 3,033 | $1.1M | Reduce -0.9% |
| BA The Boeing Co. | 0.58% | 4,983 | $1.1M | No change |
| WD Walker & Dunlop Inc. | 0.57% | 12,725 | $1.1M | Add +1.8% |
| DIVO Amplify CWP Enhan Divid ETF | 0.57% | 23,518 | $1.0M | Reduce -3.5% |
| JUST Goldman Sachs Just US LRG | 0.56% | 11,100 | $1.0M | Reduce -1.8% |
| WFC Wells Fargo & Co. | 0.56% | 12,296 | $1.0M | Reduce -3.1% |
| CVX Chevron Corp. | 0.55% | 6,529 | $1.0M | Reduce -2.9% |
| PEP Pepsico Inc. | 0.55% | 7,206 | $1.0M | Add +1.0% |
| AMZN Amazon.com Inc. | 0.53% | 4,511 | $990K | Reduce -1.3% |
| TFC Truist Financial Corp. | 0.52% | 20,898 | $955K | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.50% | 3,108 | $935K | Add +0.2% |
| NEE Nextera Energy Inc. | 0.50% | 12,314 | $930K | Add +0.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.49% | 2,780 | $912K | Reduce -1.1% |
| XOM Exxon Mobil Corp. | 0.49% | 8,063 | $909K | Add +0.2% |
| UPS United Parcel Service Class B | 0.46% | 10,236 | $855K | Reduce -8.5% |
| STWD Starwood Property Trust Inc. | 0.44% | 42,157 | $817K | No change |
| PRU Prudential Financial Inc. | 0.44% | 7,841 | $813K | Reduce -4.4% |
| WHR Whirlpool Corp. | 0.43% | 10,100 | $794K | Reduce -4.7% |
| VXUS Vanguard Total Intl Stock | 0.40% | 10,219 | $751K | No change |
| NUMV Nuveen ESG Mid-Cap Value ETF | 0.40% | 18,970 | $734K | No change |
| VNQ Vanguard Real Estate ETF | 0.38% | 7,803 | $713K | Add +0.6% |
| META Meta Platforms Inc. Class A | 0.38% | 960 | $705K | Reduce -30.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.38% | 2,523 | $705K | Add +0.2% |
| LOW Lowe's Cos Inc. | 0.38% | 2,776 | $698K | Reduce -1.3% |
| PCG P G & E Corp. | 0.37% | 45,006 | $679K | Reduce -1.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.36% | 12,173 | $675K | Add +170.6% |
| TBUX T Rowe Price Ultra Short-Ter | 0.36% | 13,456 | $671K | Add +7.3% |
| VOO Vanguard S&P 500 ETF | 0.36% | 1,082 | $662K | Add +3.7% |
| PM Philip Morris International | 0.35% | 3,951 | $641K | Add +0.1% |
| ABBV Abbvie Inc. | 0.34% | 2,705 | $626K | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 0.34% | 6,557 | $626K | No change |
| IJR iShares Core S&P Small-Cap E | 0.33% | 5,114 | $608K | Reduce -12.0% |
| CRM Salesforce Inc. | 0.33% | 2,556 | $606K | Add +17.8% |
| APO Apollo Global Management Inc. | 0.33% | 4,522 | $603K | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.32% | 1,777 | $586K | Reduce -12.2% |
| VSS Vanguard Ftse All Wo X-US SC | 0.31% | 3,972 | $566K | New |
| LLY Eli Lilly & Co. | 0.30% | 735 | $561K | Add +13.6% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 8,206 | $536K | Add +6.7% |
| RTX RTX Corp. | 0.26% | 2,915 | $488K | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.26% | 808 | $485K | Reduce -1.2% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.25% | 13,575 | $471K | Add +3.8% |
| GRAL Grail Inc. | 0.25% | 7,900 | $467K | Reduce -10.2% |
| BAM Brookfield Asset Mgmt-A | 0.25% | 8,051 | $458K | Add +0.0% |
| XYZ Block Inc. | 0.24% | 6,285 | $454K | Add +20.3% |
| SBUX Starbucks Corp. | 0.24% | 5,354 | $453K | Add +5.0% |
| MMU Western Asset Managed Munici | 0.24% | 43,604 | $451K | Reduce -5.4% |
| SNOW Snowflake Inc. | 0.24% | 1,980 | $447K | Reduce -2.9% |
| VGK Vanguard Ftse Europe ETF | 0.24% | 5,522 | $441K | No change |
| GILD Gilead Sciences Inc. | 0.24% | 3,928 | $436K | Reduce -4.8% |
| QCOM Qualcomm Inc. | 0.23% | 2,585 | $430K | Reduce -0.8% |
| PNC PNC Financial Services Group | 0.23% | 2,112 | $424K | Add +0.1% |
| ICE Intercontinental Exchange Inc. | 0.23% | 2,494 | $420K | Reduce -4.2% |
| ZION Zions Bancorp NA | 0.22% | 7,263 | $411K | Reduce -0.6% |
| MO Altria Group Inc. | 0.22% | 6,202 | $410K | Reduce -3.1% |
| NOC Northrop Grumman Corp. | 0.22% | 669 | $408K | No change |
| DEO Diageo PLC-Sponsored ADR | 0.22% | 4,263 | $407K | New |
| IVV iShares Core S&P 500 ETF | 0.22% | 608 | $407K | Add +2.0% |
| ITW Illinois Tool Works | 0.22% | 1,556 | $406K | Add +0.1% |
| ILMN Illumina Inc. | 0.22% | 4,265 | $405K | Reduce -4.5% |
| FAST Fastenal Co. | 0.22% | 8,192 | $402K | Reduce -20.4% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.22% | 8,652 | $402K | No change |
| CB Chubb Ltd. | 0.21% | 1,401 | $395K | Add +0.9% |
Portfolio Sells Q2 2025 → Q3 2025
| T AT&T Inc. | Reduce -23.4% | 0.95% | −0.55 |
| IBM Intl Business Machines Corp. | Reduce -0.7% | 2.24% | −0.54 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.47 |
| SNV Synovus Financial Corp. | Reduce -10.7% | 0.93% | −0.36 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −0.34 |
| KO The Coca-Cola Co. | Reduce -8.0% | 0.77% | −0.28 |
| META Meta Platforms Inc. Class A | Reduce -30.4% | 0.38% | −0.27 |
| UPS United Parcel Service Class B | Reduce -8.5% | 0.46% | −0.26 |
| WHR Whirlpool Corp. | Reduce -4.7% | 0.43% | −0.26 |
| D Dominion Energy Inc. | Reduce -1.1% | 2.49% | −0.25 |
| JXN Jackson Financial Inc. Class A | Reduce -11.9% | 1.34% | −0.23 |
| PG The Procter & Gamble Co. | Reduce -0.4% | 1.00% | −0.23 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.22 |
| JPM JPMorgan Chase & Co. | Reduce -3.7% | 1.63% | −0.20 |
| BAC Bank of America Corp. | Reduce -1.7% | 1.60% | −0.16 |
| SLG SL Green Realty Corp. | Reduce -0.5% | 0.70% | −0.16 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.15 |
| NEM Newmont Corp. | Sold out | 0.00% | −0.15 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.15 |
| SBI Western Asset Intermediate | Reduce -5.5% | 0.79% | −0.15 |
| DE Deere & Co. | Sold out | 0.00% | −0.14 |
| NZF Nuveen Municipal Credit Inc. | Reduce -1.8% | 0.91% | −0.13 |
| AFL Aflac Inc. | Reduce -6.9% | 0.65% | −0.13 |
| VZ Verizon Communications Inc. | Reduce -2.4% | 0.65% | −0.12 |
| PRU Prudential Financial Inc. | Reduce -4.4% | 0.44% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 0.53% | −0.10 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -3.5% | 0.57% | −0.09 |
| WFC Wells Fargo & Co. | Reduce -3.1% | 0.56% | −0.09 |
| APO Apollo Global Management Inc. | Reduce -0.3% | 0.33% | −0.08 |
| ETN Eaton Corp. PLC | Reduce -0.9% | 0.61% | −0.08 |
| C Citigroup Inc. | Reduce -10.0% | 0.79% | −0.08 |
| ICE Intercontinental Exchange Inc. | Reduce -4.2% | 0.23% | −0.08 |
| IJR iShares Core S&P Small-Cap E | Reduce -12.0% | 0.33% | −0.08 |
| DIS The Walt Disney Co. | Reduce -9.1% | 0.18% | −0.07 |
| JUST Goldman Sachs Just US LRG | Reduce -1.8% | 0.56% | −0.07 |
| CVX Chevron Corp. | Reduce -2.9% | 0.55% | −0.07 |
| MDLZ Mondelez International Inc. Class A | Reduce -3.3% | 0.20% | −0.06 |
| TFC Truist Financial Corp. | Reduce -0.5% | 0.52% | −0.06 |
| FAST Fastenal Co. | Reduce -20.4% | 0.22% | −0.06 |
| GILD Gilead Sciences Inc. | Reduce -4.8% | 0.24% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -10.4% | 0.16% | −0.05 |
| ILMN Illumina Inc. | Reduce -4.5% | 0.22% | −0.05 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -1.1% | 0.49% | −0.05 |
| SNOW Snowflake Inc. | Reduce -2.9% | 0.24% | −0.05 |
| KRP Kimbell Royalty Partners LP | Reduce -3.8% | 0.18% | −0.05 |
| VTRS Viatris Inc. | Reduce -15.0% | 0.20% | −0.05 |
| MMU Western Asset Managed Munici | Reduce -5.4% | 0.24% | −0.05 |
| FCX Freeport-McMoran Inc. | Reduce -4.1% | 0.12% | −0.04 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -16.6% | 0.13% | −0.04 |
| BX Blackstone Inc. | Reduce -1.6% | 0.89% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| HD Home Depot Inc. | Add +363.9% | 6.60% | +5.09 |
| CGCV Cap Group Conservative Eq | New | 4.52% | +4.52 |
| GOOG Alphabet Inc. Class C | New | 0.63% | +0.63 |
| VSS Vanguard Ftse All Wo X-US SC | New | 0.31% | +0.31 |
| DEO Diageo PLC-Sponsored ADR | New | 0.22% | +0.22 |
| AES AES Corp. | Add +2.5% | 2.16% | +0.18 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +170.6% | 0.36% | +0.17 |
| VHT Vanguard Health Care ETF | New | 0.15% | +0.15 |
| AAPL Apple Inc. | Add +0.2% | 2.66% | +0.14 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.12% | +0.12 |
| GD General Dynamics Corp. | New | 0.12% | +0.12 |
| XLF SS Financial Select Sector | New | 0.11% | +0.11 |
| QS Quantumscape Corp. | Add +36.5% | 0.20% | +0.11 |
| TNGY Tortoise Energy ETF | New | 0.10% | +0.10 |
| EIX Edison International | Add +14.8% | 2.26% | +0.10 |
| TCAF T Rowe PRC Cap Appreciation | Add +12.6% | 3.78% | +0.08 |
| CGMU Cap Group Municipal Income | Add +67.7% | 0.19% | +0.06 |
| JNJ Johnson & Johnson | Add +0.1% | 1.07% | +0.03 |
| XYZ Block Inc. | Add +20.3% | 0.24% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.38% | +0.02 |
| WD Walker & Dunlop Inc. | Add +1.8% | 0.57% | +0.01 |
| CAT Caterpillar Inc. | Add +0.9% | 0.14% | +0.01 |
| ZNTL Zentalis Pharmaceuticals Inc. | Add +8.4% | 0.03% | +0.00 |
| XLK SS Technology Select Sector | Add +7.4% | 0.18% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +7.0% | 0.16% | +0.00 |
| GE General Electric | Add +0.2% | 0.50% | −0.00 |
| RVT Royce Small-Cap Trust Inc. | Add +1.8% | 0.15% | −0.01 |
| CGGR Cap Group Growth Equity | Add +0.5% | 0.15% | −0.01 |
| COST Costco Wholesale Corp. | Add +17.2% | 0.17% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Add +6.7% | 0.29% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.0% | 0.22% | −0.02 |
| LLY Eli Lilly & Co. | Add +13.6% | 0.30% | −0.02 |
| VOO Vanguard S&P 500 ETF | Add +3.7% | 0.36% | −0.02 |
| USMV iShares MSCI USA Min Vol Fac | Add +0.0% | 0.12% | −0.02 |
| ADI Analog Devices Inc. | Add +3.1% | 0.19% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Add +1.5% | 0.17% | −0.02 |
| PNC PNC Financial Services Group | Add +0.1% | 0.23% | −0.02 |
| EMR Emerson Electric Co. | Add +0.1% | 0.12% | −0.02 |
| CGBL Cap Group Core Balanced | Add +3.8% | 0.25% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Add +1.6% | 0.16% | −0.03 |
| ITW Illinois Tool Works | Add +0.1% | 0.22% | −0.03 |
| V Visa Inc. Class A | Add +1.8% | 0.13% | −0.03 |
| MCD McDonald's Corp. | Add +0.1% | 0.20% | −0.03 |
| TBUX T Rowe Price Ultra Short-Ter | Add +7.3% | 0.36% | −0.03 |
| BAM Brookfield Asset Mgmt-A | Add +0.0% | 0.25% | −0.04 |
| ADP Automatic Data Processing | Add +0.2% | 0.17% | −0.04 |
| NEE Nextera Energy Inc. | Add +0.0% | 0.50% | −0.04 |
| CB Chubb Ltd. | Add +0.9% | 0.21% | −0.04 |
| CGDV Cap Group Dividend Value | Add +8.1% | 1.80% | −0.04 |
| CL Colgate-Palmolive Co. | Add +0.1% | 0.14% | −0.05 |
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 |