Castellan Group
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Castellan Group reported 31 stock positions worth $542.8 million. Its top holding was Castellan Targetd Equity ETF (CTEF) at 63.9% of the portfolio, followed by Castellan Target Inc. ETF (CTIF, 22.0%) and SS Energy Select Sector (XLE, 1.1%). Compared with Q1 2025, it opened 3 new positions, sold out of 37, added to 17 and reduced 4. The biggest buy was a new position in Castellan Targetd Equity ETF (CTEF) and the biggest sale Halozyme Therapeutics (HALO, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, KY
- CIK
- 0001832521
- Portfolio Value
- $542.8M (Q2 2025)
- SEC Filing
- 0001832521-25-000006 ↗ filed Aug 12, 2025
Holdings Value
Holdings 31 stocks · $542.8M
| CTEF Castellan Targetd Equity ETF | 63.85% | 6,619,167 | $346.6M | New |
| CTIF Castellan Target Inc. ETF | 22.03% | 2,358,507 | $119.6M | New |
| XLE SS Energy Select Sector | 1.07% | 68,740 | $5.8M | Add +9.6% |
| GLTR Abrdn Precious Metals Basket | 1.06% | 41,837 | $5.8M | Reduce -12.4% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.92% | 44,400 | $5.0M | New |
| CWEN Clearway Energy Inc. Class C | 0.73% | 123,727 | $4.0M | Add +4.5% |
| CTRE Caretrust REIT Inc. | 0.66% | 117,716 | $3.6M | Add +7.1% |
| ES Eversource Energy | 0.65% | 55,825 | $3.6M | Add +6.7% |
| ATO Atmos Energy Corp. | 0.63% | 22,337 | $3.4M | Add +4.3% |
| WEC WEC Energy Group Inc. | 0.62% | 32,434 | $3.4M | Add +6.3% |
| DKL Delek Logistics Partners LP | 0.60% | 75,954 | $3.3M | Add +8.1% |
| NEE Nextera Energy Inc. | 0.60% | 46,806 | $3.2M | Add +7.4% |
| MPLX MPLX LP | 0.59% | 62,153 | $3.2M | Add +7.8% |
| EGP Eastgroup Properties Inc. | 0.59% | 19,112 | $3.2M | Add +7.8% |
| POR Portland General Electric Co. | 0.59% | 78,420 | $3.2M | Add +7.5% |
| EXR Extra Space Storage Inc. | 0.57% | 21,156 | $3.1M | Add +8.0% |
| SRE Sempra | 0.56% | 40,348 | $3.1M | Add +8.3% |
| HESM Hess Midstream LP Class A | 0.56% | 78,823 | $3.0M | Add +8.3% |
| GTY Getty Realty Corp. | 0.54% | 106,368 | $2.9M | Add +8.2% |
| CVX Chevron Corp. | 0.54% | 20,405 | $2.9M | Add +10.7% |
| XOM Exxon Mobil Corp. | 0.53% | 26,470 | $2.9M | Add +2.9% |
| MSFT Microsoft Corp. | 0.29% | 3,200 | $1.6M | Reduce -91.7% |
| BHP BHP Group Ltd.-Spon ADR | 0.24% | 26,635 | $1.3M | No change |
| RIO Rio Tinto PLC-Spon ADR | 0.23% | 21,713 | $1.3M | No change |
| HALO Halozyme Therapeutics Inc. | 0.15% | 16,000 | $832K | Reduce -93.7% |
| GOOGL Alphabet Inc. Class A | 0.15% | 4,600 | $811K | No change |
| PDEC Innovator U.S. Equity Power | 0.13% | 17,661 | $707K | No change |
| PGR Progressive Corp. | 0.10% | 2,000 | $534K | No change |
| BMAR Innovator U.S. Equity Buffer | 0.07% | 7,928 | $389K | Reduce -9.2% |
| AAPL Apple Inc. | 0.06% | 1,642 | $337K | No change |
| BAPR Innovator U.S. Equity Buffer | 0.06% | 7,160 | $324K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| HALO Halozyme Therapeutics Inc. | Reduce -93.7% | 0.15% | −4.39 |
| MSFT Microsoft Corp. | Reduce -91.7% | 0.29% | −3.76 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −3.74 |
| IDCC Interdigital Inc. | Sold out | 0.00% | −3.52 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −3.50 |
| MCK McKesson Corp. | Sold out | 0.00% | −3.47 |
| YOU Clear Secure Inc. Class A | Sold out | 0.00% | −3.45 |
| LNG Cheniere Energy Inc. | Sold out | 0.00% | −3.45 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −3.32 |
| BLBD Blue Bird Corp. | Sold out | 0.00% | −2.98 |
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −2.94 |
| TPR Tapestry Inc. | Sold out | 0.00% | −2.86 |
| LNWO Light & Wonder Inc. | Sold out | 0.00% | −2.85 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −2.82 |
| SYF Synchrony Financial | Sold out | 0.00% | −2.81 |
| NCLH Norwegian Cruise Line Holdin | Sold out | 0.00% | −2.72 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −2.67 |
| GAP The Gap Inc. | Sold out | 0.00% | −2.58 |
| MOD Modine Manufacturing Co. | Sold out | 0.00% | −1.96 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −1.64 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −1.60 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −1.55 |
| SNA Snap-on Inc. | Sold out | 0.00% | −1.54 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −1.49 |
| HON Honeywell International Inc. | Sold out | 0.00% | −1.47 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −1.38 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −1.37 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −1.36 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −1.35 |
| ORCL Oracle Corp. | Sold out | 0.00% | −1.27 |
| ETN Eaton Corp. PLC | Sold out | 0.00% | −1.25 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −1.23 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −1.17 |
| GLTR Abrdn Precious Metals Basket | Reduce -12.4% | 1.06% | −0.66 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.20 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.20 |
| RPM RPM International Inc. | Sold out | 0.00% | −0.19 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.19 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.19 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.19 |
| BMAR Innovator U.S. Equity Buffer | Reduce -9.2% | 0.07% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| CTEF Castellan Targetd Equity ETF | New | 63.85% | +63.85 |
| CTIF Castellan Target Inc. ETF | New | 22.03% | +22.03 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 0.92% | +0.92 |
| SRE Sempra | Add +8.3% | 0.56% | −0.18 |
| CTRE Caretrust REIT Inc. | Add +7.1% | 0.66% | −0.22 |
| EXR Extra Space Storage Inc. | Add +8.0% | 0.57% | −0.24 |
| DKL Delek Logistics Partners LP | Add +8.1% | 0.60% | −0.25 |
| ES Eversource Energy | Add +6.7% | 0.65% | −0.25 |
| NEE Nextera Energy Inc. | Add +7.4% | 0.60% | −0.27 |
| CWEN Clearway Energy Inc. Class C | Add +4.5% | 0.73% | −0.27 |
| MPLX MPLX LP | Add +7.8% | 0.59% | −0.27 |
| EGP Eastgroup Properties Inc. | Add +7.8% | 0.59% | −0.28 |
| ATO Atmos Energy Corp. | Add +4.3% | 0.63% | −0.29 |
| HESM Hess Midstream LP Class A | Add +8.3% | 0.56% | −0.30 |
| WEC WEC Energy Group Inc. | Add +6.3% | 0.62% | −0.31 |
| GTY Getty Realty Corp. | Add +8.2% | 0.54% | −0.32 |
| POR Portland General Electric Co. | Add +7.5% | 0.59% | −0.32 |
| CVX Chevron Corp. | Add +10.7% | 0.54% | −0.32 |
| XOM Exxon Mobil Corp. | Add +2.9% | 0.53% | −0.33 |
| XLE SS Energy Select Sector | Add +9.6% | 1.07% | −0.56 |
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 |