Castellan Group
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 23, 2026), Castellan Group reported 39 stock positions worth $910.0 million. Its top holding was Castellan Targetd Equity ETF (CTEF) at 67.1% of the portfolio, followed by Castellan Target Inc. ETF (CTIF, 19.4%) and Alpha Architect 1-3 MNTH Box (BOXX, 2.3%). Compared with Q1 2026, it opened 11 new positions, sold out of 6, added to 9 and reduced 15. The biggest buy was a new position in LXP Industrial Trust (LXP) and the biggest sale an exit from Portland General Electric (POR).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, KY
- CIK
- 0001832521
- Portfolio Value
- $910.0M (Q2 2026)
- SEC Filing
- 0001832521-26-000003 ↗ filed Jul 23, 2026
Holdings Value
Holdings 39 stocks · $910.0M
| CTEF Castellan Targetd Equity ETF | 67.14% | 6,474,991 | $611.0M | Reduce -0.4% |
| CTIF Castellan Target Inc. ETF | 19.42% | 3,441,216 | $176.7M | Add +4.2% |
| BOXX Alpha Architect 1-3 MNTH Box | 2.25% | 174,989 | $20.5M | Reduce -1.4% |
| CTRE Caretrust REIT Inc. | 0.58% | 130,431 | $5.3M | Add +0.2% |
| LXP LXP Industrial Trust | 0.56% | 95,074 | $5.1M | New |
| EIX Edison International | 0.56% | 68,216 | $5.1M | New |
| WEC WEC Energy Group Inc. | 0.53% | 41,625 | $4.9M | Add +6.9% |
| EGP Eastgroup Properties Inc. | 0.53% | 23,817 | $4.8M | Reduce -0.4% |
| DKL Delek Logistics Partners LP | 0.53% | 93,263 | $4.8M | Add +2.3% |
| FR First Industrial Realty TR | 0.52% | 77,858 | $4.8M | Reduce -1.7% |
| MPLX MPLX LP | 0.51% | 82,931 | $4.7M | Add +7.6% |
| GLTR Abrdn Precious Metals Basket | 0.51% | 25,490 | $4.6M | Add +11.4% |
| NEE Nextera Energy Inc. | 0.50% | 52,238 | $4.6M | Reduce -3.4% |
| GTY Getty Realty Corp. | 0.50% | 136,677 | $4.6M | Add +1.8% |
| CWEN Clearway Energy Inc. Class C | 0.50% | 133,280 | $4.6M | Reduce -6.3% |
| BIPC Brookfield Infrastructure-A | 0.50% | 118,241 | $4.6M | New |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.49% | 168,848 | $4.5M | New |
| ATO Atmos Energy Corp. | 0.49% | 25,830 | $4.4M | Add +0.8% |
| HESM Hess Midstream LP Class A | 0.47% | 113,021 | $4.2M | Add +14.3% |
| XLE SS Energy Select Sector | 0.42% | 71,851 | $3.8M | Reduce -9.7% |
| OCTP Pgim S&P 500 Buffer 12-Oct | 0.28% | 78,480 | $2.5M | Reduce -6.7% |
| MSFT Microsoft Corp. | 0.24% | 5,900 | $2.2M | Reduce -4.8% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.23% | 24,668 | $2.1M | Reduce -8.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.21% | 19,719 | $1.9M | Reduce -8.5% |
| XOM Exxon Mobil Corp. | 0.20% | 13,453 | $1.8M | Reduce -9.5% |
| CVX Chevron Corp. | 0.20% | 10,867 | $1.8M | Reduce -4.5% |
| IVV iShares Core S&P 500 ETF | 0.18% | 2,196 | $1.6M | New |
| DDFN Innov Eq DD 15 Buf ETF - Nov | 0.18% | 79,420 | $1.6M | Reduce -2.2% |
| RSP Invesco S&P 500 Equal Weight | 0.15% | 6,562 | $1.4M | New |
| ORCL Oracle Corp. | 0.12% | 7,600 | $1.1M | No change |
| EFA iShares MSCI Eafe ETF | 0.08% | 6,995 | $727K | New |
| IWM iShares Russell 2000 ETF | 0.08% | 2,297 | $690K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.07% | 900 | $672K | Reduce -75.0% |
| AMZN Amazon.com Inc. | 0.06% | 2,400 | $572K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 1,000 | $563K | No change |
| PGR Progressive Corp. | 0.05% | 2,000 | $437K | No change |
| VNQ Vanguard Real Estate ETF | 0.03% | 3,105 | $299K | New |
| DELL Dell Technologies -C | 0.03% | 585 | $252K | New |
| MU Micron Technology Inc. | 0.03% | 210 | $242K | New |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($1.3M), INVESCO QQQ TR puts ($774K).
Portfolio Sells Q1 2026 → Q2 2026
| POR Portland General Electric Co. | Sold out | 0.00% | −0.69 |
| NJR New Jersey Resources Corp. | Sold out | 0.00% | −0.67 |
| ES Eversource Energy | Sold out | 0.00% | −0.63 |
| TRNO Terreno Realty Corp. | Sold out | 0.00% | −0.62 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -1.4% | 2.25% | −0.60 |
| CWEN Clearway Energy Inc. Class C | Reduce -6.3% | 0.50% | −0.27 |
| XLE SS Energy Select Sector | Reduce -9.7% | 0.42% | −0.26 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -75.0% | 0.07% | −0.25 |
| NEE Nextera Energy Inc. | Reduce -3.4% | 0.50% | −0.19 |
| XOM Exxon Mobil Corp. | Reduce -9.5% | 0.20% | −0.15 |
| CVX Chevron Corp. | Reduce -4.5% | 0.20% | −0.13 |
| FR First Industrial Realty TR | Reduce -1.7% | 0.52% | −0.11 |
| EGP Eastgroup Properties Inc. | Reduce -0.4% | 0.53% | −0.08 |
| MSFT Microsoft Corp. | Reduce -4.8% | 0.24% | −0.08 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -8.5% | 0.21% | −0.07 |
| LRN Stride Inc. | Sold out | 0.00% | −0.07 |
| OCTP Pgim S&P 500 Buffer 12-Oct | Reduce -6.7% | 0.28% | −0.07 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -8.9% | 0.23% | −0.05 |
| DDFN Innov Eq DD 15 Buf ETF - Nov | Reduce -2.2% | 0.18% | −0.04 |
| AAPL Apple Inc. | Sold out | 0.00% | −0.03 |
| CTEF Castellan Targetd Equity ETF | Reduce -0.4% | 67.14% | +6.06 |
Portfolio Buys Q1 2026 → Q2 2026
| LXP LXP Industrial Trust | New | 0.56% | +0.56 |
| EIX Edison International | New | 0.56% | +0.56 |
| BIPC Brookfield Infrastructure-A | New | 0.50% | +0.50 |
| VICI Vici Properties Inc. | New | 0.49% | +0.49 |
| IVV iShares Core S&P 500 ETF | New | 0.18% | +0.18 |
| RSP Invesco S&P 500 Equal Weight | New | 0.15% | +0.15 |
| EFA iShares MSCI Eafe ETF | New | 0.08% | +0.08 |
| IWM iShares Russell 2000 ETF | New | 0.08% | +0.08 |
| VNQ Vanguard Real Estate ETF | New | 0.03% | +0.03 |
| DELL Dell Technologies -C | New | 0.03% | +0.03 |
| MU Micron Technology Inc. | New | 0.03% | +0.03 |
| HESM Hess Midstream LP Class A | Add +14.3% | 0.47% | −0.06 |
| CTRE Caretrust REIT Inc. | Add +0.2% | 0.58% | −0.08 |
| WEC WEC Energy Group Inc. | Add +6.9% | 0.53% | −0.09 |
| GTY Getty Realty Corp. | Add +1.8% | 0.50% | −0.09 |
| MPLX MPLX LP | Add +7.6% | 0.51% | −0.10 |
| DKL Delek Logistics Partners LP | Add +2.3% | 0.53% | −0.10 |
| ATO Atmos Energy Corp. | Add +0.8% | 0.49% | −0.17 |
| GLTR Abrdn Precious Metals Basket | Add +11.4% | 0.51% | −0.19 |
| CTIF Castellan Target Inc. ETF | Add +4.2% | 19.42% | −2.76 |
Options Activity Q1 2026 → Q2 2026
| STATE STR SPDR S&P 500 ETF T | put | Add +79.2% | 629 | $1.3M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 270 | $877Kbefore exit |
| INVESCO QQQ TR | put | Reduce -4.1% | 164 | $774K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 39 | $910.0M | CTEF, CTIF, BOXX, CTRE, LXP |
| Q1 2026 | 34 | $722.6M | CTEF, CTIF, BOXX, CWEN, NEE |
| Q4 2025 | 57 | $792.7M | CTEF, CTIF, GOOG, BOXX, MSFT |
| Q3 2025 | 35 | $688.0M | CTEF, CTIF, GLTR, XLE, ES |
| Q2 2025Amended | 31 | $542.8M | CTEF, CTIF, XLE, GLTR, BOXX |
| Q1 2025 | 65 | $357.6M | HALO, MSFT, FTNT, IDCC, TSCO |
| Q4 2024 | 61 | $230.8M | APP, MSFT, TGTX, FTNT, NCLH |
| Q3 2024 | 59 | $237.2M | NRG, MSFT, APP, MOD, URI |
| Q2 2024 | 59 | $210.1M | MSFT, FTAI, MOD, MEDP, KLAC |
| Q1 2024 | 59 | $195.3M | MSFT, MOD, FTAI, URI, MEDP |