Clarity Financial LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Clarity Financial LLC reported 108 stock positions worth $869.4 million. Its top holding was iShares 7-10 Year Treasury B (IEF) at 8.0% of the portfolio, followed by iShares 3-7 Year Treasury Bo (IEI, 7.8%) and iShares 1-3 Year Treasury Bo (SHY, 6.3%). Compared with Q4 2024, it opened 8 new positions, sold out of 16, added to 47 and reduced 38. The biggest buy was a new position in Arista Networks (ANET) and the biggest sale an exit from Diamondback Energy (FANG).

Most Recent 13F
Q2 2026
Location
Houston, TX
CIK
0001862145
Portfolio Value
$869.4M (Q1 2025)
SEC Filing
0001667731-25-000638 ↗ filed May 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $645.1M Q1 2024 Q2 2024: $664.7M Q2 2024 Q3 2024: $850.7M Q3 2024 Q4 2024: $836.5M Q4 2024 Q1 2025: $869.4M $869.4M Q1 2025 Q2 2025: $928.7M Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $919.3M Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 108 stocks · $869.4M
IEF iShares 7-10 Year Treasury B 7.95% 725,057 $69.1M Add +3.6%
IEI iShares 3-7 Year Treasury Bo 7.81% 574,691 $67.9M Add +3.5%
SHY iShares 1-3 Year Treasury Bo 6.27% 659,365 $54.5M Reduce -3.5%
ABBV Abbvie Inc. 4.38% 181,779 $38.1M Reduce -11.9%
AAPL Apple Inc. 4.12% 161,133 $35.8M Add +13.8%
COST Costco Wholesale Corp. 3.95% 36,348 $34.4M Add +4.4%
MSFT Microsoft Corp. 3.49% 80,724 $30.3M Add +32.3%
XLK SS Technology Select Sector 3.41% 143,740 $29.7M Add +22.3%
PG The Procter & Gamble Co. 3.17% 161,506 $27.5M Add +38.5%
GOOG Alphabet Inc. Class C 2.88% 160,176 $25.0M Add +12.2%
AMZN Amazon.com Inc. 2.78% 126,917 $24.1M Add +5.7%
XLV SS Health Care Select Sector 2.75% 163,780 $23.9M Add +22.2%
LLY Eli Lilly & Co. 2.73% 28,760 $23.8M Reduce -11.5%
NVDA Nvidia Corp. 2.38% 190,989 $20.7M Reduce -3.7%
JPM JPMorgan Chase & Co. 2.32% 82,252 $20.2M Add +20.9%
DUK Duke Energy Corp. 2.32% 165,187 $20.1M Add +9.0%
XLP SS Consumer Staples Sel Sect 2.16% 230,015 $18.8M Add +38.5%
XLC SS Comm Select Sector SPDR 2.12% 190,734 $18.4M Add +9.0%
BRK.B Berkshire Hathaway Inc. Class B 2.03% 33,152 $17.7M Add +7.3%
XOM Exxon Mobil Corp. 1.78% 129,960 $15.5M Reduce -43.3%
ANET Arista Networks Inc. 1.74% 195,790 $15.2M New
PLTR Palantir Technologies Inc. Class A 1.74% 179,647 $15.2M New
NLY Annaly Capital Management Inc. 1.72% 737,386 $15.0M Add +4.3%
GEV GE Vernova Inc. 1.64% 46,703 $14.3M Add +8.4%
XLF SS Financial Select Sector 1.55% 270,662 $13.5M Add +38.3%
OKE Oneok Inc. 1.54% 135,250 $13.4M Add +13.5%
WMT Walmart Inc. 1.53% 151,382 $13.3M Add +4.5%
RTX RTX Corp. 1.50% 98,142 $13.0M Add +7.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.46% 160,861 $12.7M Add +5.3%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.45% 40,866 $12.6M Add +102.1%
TLT iShares 20+ Year Treasury BD 1.44% 137,458 $12.5M Add +3.2%
XLY SS Consumer Disc Select Sect 1.23% 54,284 $10.7M Add +19.1%
PANW Palo Alto Networks Inc. 1.23% 62,696 $10.7M Add +12.9%
V Visa Inc. Class A 0.97% 24,118 $8.5M Add +8.7%
PSA Public Storage 0.88% 25,600 $7.7M Add +10.1%
REM iShares Mortgage Real Estate 0.63% 244,947 $5.5M Add +17.0%
XLI SS Industrial Select Sector 0.63% 41,552 $5.4M Add +17.3%
XLRE SS Real Estate Select Sector 0.62% 128,866 $5.4M Add +18.7%
SGOV iShares 0-3 Month Treasury B 0.62% 53,248 $5.4M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.44% 42,024 $3.9M Reduce -39.8%
SPYM Ste STR SPDR PT S&P 500 ETF 0.37% 48,314 $3.2M New
XLB SS Materials Select Sector 0.29% 29,784 $2.6M Add +16.2%
VZ Verizon Communications Inc. 0.28% 54,012 $2.4M Reduce -7.5%
NINEQ Nine Energy Service Inc. 0.25% 1,954,670 $2.2M No change
AGG iShares Core U.S. Aggregate 0.20% 18,004 $1.8M Add +7.0%
CBRE CBRE Group Inc. Class A 0.20% 13,198 $1.7M New
VYM Vanguard High DVD Yield ETF 0.18% 12,215 $1.6M Add +25.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.17% 2,653 $1.5M Reduce -71.7%
MO Altria Group Inc. 0.11% 15,765 $946K Reduce -14.1%
TFLO iShares Treasury Floating Ra 0.11% 18,120 $918K Add +0.9%
QUAL iShares MSCI USA Quality Fac 0.09% 4,818 $823K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 2,041 $757K No change
VTI VG Morningstar TS MKT ETF-US 0.08% 2,665 $733K Reduce -24.9%
CVX Chevron Corp. 0.08% 4,225 $707K Reduce -24.7%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.08% 16,225 $678K New
BA The Boeing Co. 0.08% 3,843 $655K Add +2.5%
EFA iShares MSCI Eafe ETF 0.07% 7,256 $593K Add +19.8%
SMH Vaneck Semiconductor ETF 0.06% 2,312 $489K Reduce -87.2%
UNH Unitedhealth Group Inc. 0.06% 924 $484K Reduce -39.6%
GOOGL Alphabet Inc. Class A 0.06% 3,091 $478K Reduce -25.3%
AEP American Electric Power 0.05% 4,359 $476K Reduce -30.6%
PCT Purecycle Technologies Inc. 0.05% 68,190 $472K No change
VIG Vanguard Dividend Apprec ETF 0.05% 2,427 $471K Add +24.7%
TIP iShares Tips Bond ETF 0.05% 4,164 $463K Add +9.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.05% 455 $449K Reduce -12.5%
BALL Ball Corp. 0.05% 8,567 $446K Add +0.0%
BHK BlackRock Core Bond Trust 0.05% 40,008 $434K Reduce -12.1%
IAU iShares Gold Trust 0.05% 7,307 $431K Reduce -10.3%
PRU Prudential Financial Inc. 0.05% 3,792 $423K Reduce -20.2%
IWD iShares Russell 1000 Value E 0.05% 2,209 $416K No change
PM Philip Morris International 0.05% 2,597 $412K Add +4.1%
IVV iShares Core S&P 500 ETF 0.05% 731 $411K Reduce -3.3%
AVGO Broadcom Inc. 0.05% 2,422 $406K Add +0.5%
PHYS Sprott Physical Gold Trust 0.05% 16,345 $393K No change
META Meta Platforms Inc. Class A 0.04% 676 $390K Add +0.9%
CMCSA Comcast Corp. Class A 0.04% 10,190 $376K Reduce -35.2%
MMM 3M Co. 0.04% 2,543 $374K Reduce -6.8%
PWR Quanta Services Inc. 0.04% 1,370 $348K No change
JNJ Johnson & Johnson 0.04% 2,076 $344K Reduce -53.1%
PSLV Sprott Physical Silver Trust 0.04% 29,337 $340K Reduce -0.1%
ETN Eaton Corp. PLC 0.04% 1,213 $330K Add +6.6%
AMD Advanced Micro Devices 0.04% 3,203 $329K Reduce -96.6%
DMLP Dorchester Minerals LP 0.04% 10,520 $316K No change
ADP Automatic Data Processing 0.04% 1,021 $312K Reduce -26.9%
EPD Enterprise Products Partners 0.04% 9,128 $312K Reduce -0.6%
EDV Vanguard Extended Dur Treas 0.04% 4,380 $311K Reduce -8.6%
ITW Illinois Tool Works 0.03% 1,207 $299K Reduce -2.8%
KMB Kimberly-Clark Corp. 0.03% 2,069 $294K Add +8.9%
CAH Cardinal Health Inc. 0.03% 2,090 $288K Reduce -5.9%
USMV iShares MSCI USA Min Vol Fac 0.03% 3,063 $287K Reduce -16.1%
SCHX Schwab US Large-Cap ETF 0.03% 12,945 $286K No change
AFL Aflac Inc. 0.03% 2,556 $284K Reduce -9.5%
VOO Vanguard S&P 500 ETF 0.03% 545 $280K Reduce -51.4%
KMI Kinder Morgan Inc. 0.03% 9,390 $268K Reduce -41.9%
NKE Nike Inc. Class B 0.03% 3,929 $249K Add +0.0%
DOV Dover Corp. 0.03% 1,343 $236K No change
HD Home Depot Inc. 0.03% 612 $224K Reduce -50.2%
LMT Lockheed Martin Corp. 0.03% 492 $220K Reduce -16.0%
RSP Invesco S&P 500 Equal Weight 0.03% 1,255 $217K Add +6.3%
VRTX Vertex Pharmaceuticals Inc. 0.02% 442 $214K New
MCD McDonald's Corp. 0.02% 684 $214K Reduce -5.0%
XLE SS Energy Select Sector 0.02% 2,242 $209K Reduce -98.1%
ROM Proshares Ultra Technology 0.02% 3,852 $206K No change
IVLU iShares MSCI International V 0.02% 6,657 $202K New
AMBP Ardagh Metal Packaging SA 0.02% 52,244 $158K No change
NUV Nuveen Municipal Value 0.01% 12,255 $107K No change
AEHR Aehr Test Systems 0.01% 11,030 $80K No change
WIMI HOLOGRAM CLOUD INC 0.00% 15,546 $15K New

Portfolio Sells Q4 2024 → Q1 2025
FANG Diamondback Energy Inc. Sold out 0.00% −1.75
AMD Advanced Micro Devices Reduce -96.6% 0.04% −1.31
XLE SS Energy Select Sector Reduce -98.1% 0.02% −1.21
XOM Exxon Mobil Corp. Reduce -43.3% 1.78% −1.17
NVDA Nvidia Corp. Reduce -3.7% 2.38% −0.80
SPY SS SPDR S&P 500 ETF Trust-US Reduce -71.7% 0.17% −0.49
SMH Vaneck Semiconductor ETF Reduce -87.2% 0.06% −0.47
SHY iShares 1-3 Year Treasury Bo Reduce -3.5% 6.27% −0.42
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -39.8% 0.44% −0.32
SHV iShares 0-1 Year Treasury Bo Sold out 0.00% −0.30
LLY Eli Lilly & Co. Reduce -11.5% 2.73% −0.27
FLOT iShares Floating Rate Bond E Sold out 0.00% −0.20
FTSL First Trust Senior Loan ETF Sold out 0.00% −0.09
TSLA Tesla Inc. Sold out 0.00% −0.05
IWM iShares Russell 2000 ETF Sold out 0.00% −0.05
NTAP Netapp Inc. Sold out 0.00% −0.05
VOO Vanguard S&P 500 ETF Reduce -51.4% 0.03% −0.04
GOOGL Alphabet Inc. Class A Reduce -25.3% 0.06% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -24.9% 0.08% −0.04
JNJ Johnson & Johnson Reduce -53.1% 0.04% −0.04
UNH Unitedhealth Group Inc. Reduce -39.6% 0.06% −0.04
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.03
HD Home Depot Inc. Reduce -50.2% 0.03% −0.03
VO Vngrd Mrngstr MD-Cap ETF-Usd Sold out 0.00% −0.03
HDV iShares Core High Dividend E Sold out 0.00% −0.03
MA Mastercard Inc. Class A Sold out 0.00% −0.03
VV Vngrd Mrgstr LRG-Cap ETF-Usd Sold out 0.00% −0.03
CMCSA Comcast Corp. Class A Reduce -35.2% 0.04% −0.03
OXY Occidental Petroleum Corp. Sold out 0.00% −0.03
SWK Stanley Black & Decker Inc. Sold out 0.00% −0.03
JNK SS SPDR BB High Yield Bond Sold out 0.00% −0.02
KMI Kinder Morgan Inc. Reduce -41.9% 0.03% −0.02
PRU Prudential Financial Inc. Reduce -20.2% 0.05% −0.02
CVX Chevron Corp. Reduce -24.7% 0.08% −0.02
AEP American Electric Power Reduce -30.6% 0.05% −0.01
GWW WW Grainger Inc. Reduce -12.5% 0.05% −0.01
ADP Automatic Data Processing Reduce -26.9% 0.04% −0.01
LMT Lockheed Martin Corp. Reduce -16.0% 0.03% −0.01
BHK BlackRock Core Bond Trust Reduce -12.1% 0.05% −0.01
IVV iShares Core S&P 500 ETF Reduce -3.3% 0.05% −0.01
MO Altria Group Inc. Reduce -14.1% 0.11% −0.01
USMV iShares MSCI USA Min Vol Fac Reduce -16.1% 0.03% −0.01
ABBV Abbvie Inc. Reduce -11.9% 4.38% −0.00
B Barrick Gold Corp. Sold out 0.00% −0.00
ITW Illinois Tool Works Reduce -2.8% 0.03% −0.00
EDV Vanguard Extended Dur Treas Reduce -8.6% 0.04% −0.00
AFL Aflac Inc. Reduce -9.5% 0.03% −0.00
MCD McDonald's Corp. Reduce -5.0% 0.02% −0.00
MMM 3M Co. Reduce -6.8% 0.04% +0.00
IAU iShares Gold Trust Reduce -10.3% 0.05% +0.00

Portfolio Buys Q4 2024 → Q1 2025
ANET Arista Networks Inc. New 1.74% +1.74
PLTR Palantir Technologies Inc. Class A New 1.74% +1.74
PG The Procter & Gamble Co. Add +38.5% 3.17% +0.83
MGK Vngrd Mrgstr MG CP GR ETF-Ui Add +102.1% 1.45% +0.62
XLP SS Consumer Staples Sel Sect Add +38.5% 2.16% +0.60
XLV SS Health Care Select Sector Add +22.2% 2.75% +0.55
XLF SS Financial Select Sector Add +38.3% 1.55% +0.42
MSFT Microsoft Corp. Add +32.3% 3.49% +0.41
JPM JPMorgan Chase & Co. Add +20.9% 2.32% +0.37
DUK Duke Energy Corp. Add +9.0% 2.32% +0.37
SPYM Ste STR SPDR PT S&P 500 ETF New 0.37% +0.37
BRK.B Berkshire Hathaway Inc. Class B Add +7.3% 2.03% +0.36
RTX RTX Corp. Add +7.8% 1.50% +0.24
IEF iShares 7-10 Year Treasury B Add +3.6% 7.95% +0.22
CBRE CBRE Group Inc. Class A New 0.20% +0.20
NLY Annaly Capital Management Inc. Add +4.3% 1.72% +0.18
XLK SS Technology Select Sector Add +22.3% 3.41% +0.15
COST Costco Wholesale Corp. Add +4.4% 3.95% +0.14
IEI iShares 3-7 Year Treasury Bo Add +3.5% 7.81% +0.14
V Visa Inc. Class A Add +8.7% 0.97% +0.13
OKE Oneok Inc. Add +13.5% 1.54% +0.11
REM iShares Mortgage Real Estate Add +17.0% 0.63% +0.10
XLRE SS Real Estate Select Sector Add +18.7% 0.62% +0.09
XLC SS Comm Select Sector SPDR Add +9.0% 2.12% +0.09
SLB SLB Ltd. New 0.08% +0.08
XLU St Sr Utl SL SE SPDR ETF-Usd Add +5.3% 1.46% +0.08
XLI SS Industrial Select Sector Add +17.3% 0.63% +0.07
PSA Public Storage Add +10.1% 0.88% +0.05
TLT iShares 20+ Year Treasury BD Add +3.2% 1.44% +0.05
XLB SS Materials Select Sector Add +16.2% 0.29% +0.04
VYM Vanguard High DVD Yield ETF Add +25.7% 0.18% +0.03
VRTX Vertex Pharmaceuticals Inc. New 0.02% +0.02
IVLU iShares MSCI International V New 0.02% +0.02
PANW Palo Alto Networks Inc. Add +12.9% 1.23% +0.02
EFA iShares MSCI Eafe ETF Add +19.8% 0.07% +0.01
PM Philip Morris International Add +4.1% 0.05% +0.01
AGG iShares Core U.S. Aggregate Add +7.0% 0.20% +0.01
XLY SS Consumer Disc Select Sect Add +19.1% 1.23% +0.01
VIG Vanguard Dividend Apprec ETF Add +24.7% 0.05% +0.01
TIP iShares Tips Bond ETF Add +9.1% 0.05% +0.00
KMB Kimberly-Clark Corp. Add +8.9% 0.03% +0.00
WIMI HOLOGRAM CLOUD INC New 0.00% +0.00
RSP Invesco S&P 500 Equal Weight Add +6.3% 0.03% +0.00
META Meta Platforms Inc. Class A Add +0.9% 0.04% −0.00
TFLO iShares Treasury Floating Ra Add +0.9% 0.11% −0.00
BA The Boeing Co. Add +2.5% 0.08% −0.00
BALL Ball Corp. Add +0.0% 0.05% −0.01
NKE Nike Inc. Class B Add +0.0% 0.03% −0.01
ETN Eaton Corp. PLC Add +6.6% 0.04% −0.01
AVGO Broadcom Inc. Add +0.5% 0.05% −0.02

Options Activity Q4 2024 → Q1 2025
AMZN Amazon.com Inc. call Sold out 1,300 $43Kbefore exit
B Barrick Gold Corp. call Sold out 98,400 $10Kbefore exit
SPY SS SPDR S&P 500 ETF Trust-US call Sold out 600 $6Kbefore exit
TLT iShares 20+ Year Treasury BD call Sold out 14,800 $148before exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
ADNWW Amci Acquisition Corp.-CW26 *W EXP 02/03/202 Sold out 10,000 $81before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$1.2BMBB, IEI, MSFT, GOOG, ABBV
Q1 2026 118$919.3MIEI, MBB, ABBV, MSFT, GOOG
Q4 2025 116$1.1BIEI, META, GOOG, ABBV, BRK.B
Q3 2025 118$1.0BIEI, ABBV, SHY, BRK.B, MSFT
Q2 2025 109$928.7MIEF, IEI, SHY, ABBV, MSFT
Q1 2025 108$869.4MIEF, IEI, SHY, ABBV, AAPL
Q4 2024 116$836.5MIEF, IEI, SHY, ABBV, AAPL
Q3 2024 153$850.7MIEF, IEI, SHY, AAPL, ABBV
Q2 2024 122$664.7MSHY, IEF, IEI, AAPL, ABBV
Q1 2024 116$645.1MSHY, IEF, XOM, IEI, ABBV