Clarity Financial LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), Clarity Financial LLC reported 118 stock positions worth $1.0 billion. Its top holding was iShares 3-7 Year Treasury Bo (IEI) at 15.6% of the portfolio, followed by Abbvie (ABBV, 4.7%) and iShares 1-3 Year Treasury Bo (SHY, 4.4%). Compared with Q2 2025, it opened 14 new positions, sold out of 5, added to 46 and reduced 44. The biggest buy was iShares 3-7 Year Treasury Bo (IEI, shares +127%) and the biggest sale iShares 7-10 Year Treasury B (IEF, shares −98%).

Most Recent 13F
Q2 2026
Location
Houston, TX
CIK
0001862145
Portfolio Value
$1.0B (Q3 2025)
SEC Filing
0002085853-25-000059 ↗ filed Oct 10, 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 Q1 2025 Q2 2025: $928.7M Q2 2025 Q3 2025: $1.0B $1.0B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $919.3M Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 118 stocks · $1.0B
IEI iShares 3-7 Year Treasury Bo 15.61% 1,316,381 $157.3M Add +126.8%
ABBV Abbvie Inc. 4.73% 205,855 $47.7M Add +1.7%
SHY iShares 1-3 Year Treasury Bo 4.37% 530,933 $44.0M Reduce -16.7%
BRK.B Berkshire Hathaway Inc. Class B 3.76% 75,389 $37.9M Add +11.0%
MSFT Microsoft Corp. 3.68% 71,513 $37.0M Add +2.9%
GOOG Alphabet Inc. Class C 3.55% 147,001 $35.8M Reduce -20.5%
COST Costco Wholesale Corp. 3.15% 34,280 $31.7M Add +2.1%
NVDA Nvidia Corp. 3.15% 169,865 $31.7M Add +9.7%
PLTR Palantir Technologies Inc. Class A 3.12% 172,119 $31.4M Reduce -22.5%
XLK SS Technology Select Sector 2.89% 103,195 $29.1M Reduce -10.9%
LLY Eli Lilly & Co. 2.85% 37,674 $28.7M Add +2.6%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 2.83% 70,923 $28.5M Reduce -3.7%
PG The Procter & Gamble Co. 2.68% 175,479 $27.0M Add +27.8%
PANW Palo Alto Networks Inc. 2.59% 128,259 $26.1M Add +17.2%
AMZN Amazon.com Inc. 2.42% 110,859 $24.3M Reduce -1.6%
DUK Duke Energy Corp. 2.11% 172,067 $21.3M Add +2.2%
GEV GE Vernova Inc. 2.00% 32,840 $20.2M Reduce -29.2%
XLV SS Health Care Select Sector 1.97% 142,695 $19.9M Reduce -0.7%
XLC SS Comm Select Sector SPDR 1.87% 158,933 $18.8M Reduce -11.7%
KMI Kinder Morgan Inc. 1.84% 655,070 $18.5M Add +124.2%
META Meta Platforms Inc. Class A 1.82% 25,027 $18.4M Add +4306.2%
WMT Walmart Inc. 1.80% 176,307 $18.2M Add +2.0%
BLK BlackRock Inc. 1.78% 15,343 $17.9M Add +92.1%
NLY Annaly Capital Management Inc. 1.72% 857,303 $17.3M Add +12.6%
XLF SS Financial Select Sector 1.66% 311,028 $16.8M Reduce -2.1%
V Visa Inc. Class A 1.65% 48,835 $16.7M Add +3.4%
NOW ServiceNow Inc. 1.59% 17,418 $16.0M Add +117.2%
XLP SS Consumer Staples Sel Sect 1.58% 202,698 $15.9M Add +4.6%
XOM Exxon Mobil Corp. 1.50% 133,976 $15.1M Reduce -5.6%
JPM JPMorgan Chase & Co. 1.47% 46,812 $14.8M Reduce -12.5%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.36% 156,879 $13.7M Reduce -8.4%
TLT iShares 20+ Year Treasury BD 1.20% 135,040 $12.1M Reduce -6.0%
XLY SS Consumer Disc Select Sect 1.16% 48,938 $11.7M Reduce -3.4%
RTX RTX Corp. 1.04% 62,340 $10.4M Add +0.8%
REM iShares Mortgage Real Estate 0.56% 256,785 $5.6M Add +77.1%
AMLP Alerian MLP ETF 0.56% 119,651 $5.6M Add +107.3%
AAPL Apple Inc. 0.46% 18,051 $4.6M Add +10.7%
XLI SS Industrial Select Sector 0.42% 27,129 $4.2M Reduce -14.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.40% 43,915 $4.0M Reduce -29.9%
SPYM Ste STR SPDR PT S&P 500 ETF 0.37% 48,208 $3.8M Add +5.1%
XLB SS Materials Select Sector 0.26% 29,043 $2.6M Reduce -3.7%
VZ Verizon Communications Inc. 0.26% 59,109 $2.6M Add +4.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.18% 2,704 $1.8M Reduce -0.6%
AGG iShares Core U.S. Aggregate 0.18% 17,928 $1.8M Add +10.0%
VYM Vanguard High DVD Yield ETF 0.18% 12,603 $1.8M Reduce -3.9%
IEF iShares 7-10 Year Treasury B 0.16% 16,697 $1.6M Reduce -97.7%
AVGO Broadcom Inc. 0.14% 4,347 $1.4M Add +76.1%
IJR iShares Core S&P Small-Cap E 0.13% 11,392 $1.4M New
IVV iShares Core S&P 500 ETF 0.13% 1,999 $1.3M Add +173.8%
CBRE CBRE Group Inc. Class A 0.13% 8,101 $1.3M Reduce -38.6%
MO Altria Group Inc. 0.11% 17,352 $1.1M Add +5.4%
ANET Arista Networks Inc. 0.10% 7,236 $1.1M Add +82.3%
VTI VG Morningstar TS MKT ETF-US 0.10% 2,984 $979K Add +2.0%
NINEQ Nine Energy Service Inc. 0.10% 1,515,785 $958K Reduce -22.4%
IJH iShares Core S&P Midcap ETF 0.09% 14,323 $935K New
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 1,916 $919K Reduce -6.1%
SGOV iShares 0-3 Month Treasury B 0.09% 9,047 $911K Reduce -81.8%
BA The Boeing Co. 0.08% 3,822 $825K Add +0.1%
GOOGL Alphabet Inc. Class A 0.08% 3,391 $824K Reduce -4.9%
SMH Vaneck Semiconductor ETF 0.07% 2,298 $750K Reduce -23.9%
CVX Chevron Corp. 0.07% 4,724 $734K Reduce -1.1%
IAU iShares Gold Trust 0.07% 10,019 $729K Add +17.6%
EFA iShares MSCI Eafe ETF 0.07% 7,617 $711K Reduce -6.5%
PHYS Sprott Physical Gold Trust 0.07% 23,819 $706K Add +49.9%
AMD Advanced Micro Devices 0.07% 4,212 $681K Reduce -0.1%
AEP American Electric Power 0.06% 5,002 $563K Add +5.2%
PWR Quanta Services Inc. 0.06% 1,357 $562K Reduce -0.9%
TIP iShares Tips Bond ETF 0.05% 4,700 $523K Add +11.4%
VIG Vanguard Dividend Apprec ETF 0.05% 2,387 $515K Add +10.2%
TFLO iShares Treasury Floating Ra 0.05% 9,688 $490K Reduce -16.8%
PSLV Sprott Physical Silver Trust 0.05% 30,779 $483K Add +4.8%
MMM 3M Co. 0.05% 3,029 $470K Add +3.4%
IJK iShares S&P Mid-Cap 400 Grow 0.05% 4,784 $459K New
IWD iShares Russell 1000 Value E 0.04% 2,209 $450K No change
BALL Ball Corp. 0.04% 8,575 $432K Add +0.1%
PM Philip Morris International 0.04% 2,595 $421K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.04% 3,075 $399K New
BHK BlackRock Core Bond Trust 0.04% 40,008 $398K No change
JNJ Johnson & Johnson 0.04% 2,139 $397K Reduce -1.4%
ETN Eaton Corp. PLC 0.04% 1,013 $379K No change
HD Home Depot Inc. 0.04% 879 $356K Add +43.6%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.04% 10,350 $356K Reduce -15.6%
EDV Vanguard Extended Dur Treas 0.04% 5,173 $354K Add +4.5%
QUAL iShares MSCI USA Quality Fac 0.03% 1,788 $348K No change
NKE Nike Inc. Class B 0.03% 4,978 $347K No change
SCHX Schwab US Large-Cap ETF 0.03% 12,945 $341K No change
PRU Prudential Financial Inc. 0.03% 3,200 $332K Reduce -15.6%
VEA Vanguard Ftse Developed ETF 0.03% 5,520 $331K Add +47.8%
AFL Aflac Inc. 0.03% 2,959 $331K Add +8.7%
SHV iShares 0-1 Year Treasury Bo 0.03% 2,959 $327K Reduce -0.2%
XLE SS Energy Select Sector 0.03% 3,530 $315K Reduce -5.4%
EPD Enterprise Products Partners 0.03% 10,034 $314K Add +10.0%
VOO Vanguard S&P 500 ETF 0.03% 511 $313K Reduce -1.2%
PSA Public Storage 0.03% 1,080 $312K Reduce -95.9%
ADP Automatic Data Processing 0.03% 1,021 $300K Reduce -3.0%
CMCSA Comcast Corp. Class A 0.03% 9,522 $299K Reduce -0.6%
CAH Cardinal Health Inc. 0.03% 1,889 $296K Add +12.6%
ROM Proshares Ultra Technology 0.03% 3,053 $283K Reduce -20.7%
NFLX Netflix Inc. 0.03% 232 $278K New
DMLP Dorchester Minerals LP 0.03% 10,520 $272K No change
USMV iShares MSCI USA Min Vol Fac 0.03% 2,843 $271K No change
NTAP Netapp Inc. 0.03% 2,244 $266K No change
UNH Unitedhealth Group Inc. 0.03% 749 $259K Add +0.4%
VRTX Vertex Pharmaceuticals Inc. 0.03% 645 $253K New
IGM iShares Expanded Tech Sector 0.02% 1,948 $245K New
AEHR Aehr Test Systems 0.02% 7,624 $230K Reduce -30.9%
GLD SPDR Gold Shares 0.02% 635 $226K New
GBTC Grayscale Bitcoin Trust ETF 0.02% 2,502 $225K No change
DOV Dover Corp. 0.02% 1,343 $224K No change
RSP Invesco S&P 500 Equal Weight 0.02% 1,181 $224K Reduce -14.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 733 $215K New
EFV iShares MSCI Eafe Value ETF 0.02% 3,145 $213K New
SO The Southern Co. 0.02% 2,173 $206K New
GDX Vaneck Gold Miners ETF 0.02% 2,659 $203K New
KO The Coca-Cola Co. 0.02% 3,035 $201K New
AMBP Ardagh Metal Packaging SA 0.02% 47,600 $190K No change
SEMR Semrush Holdings Inc. Class A 0.02% 24,000 $170K New
NUV Nuveen Municipal Value 0.01% 12,255 $110K No change

Options reported separately and not counted above: SPY puts ($2K).

Portfolio Sells Q2 2025 → Q3 2025
IEF iShares 7-10 Year Treasury B Reduce -97.7% 0.16% −7.34
OKE Oneok Inc. Sold out 0.00% −1.61
SHY iShares 1-3 Year Treasury Bo Reduce -16.7% 4.37% −1.31
PSA Public Storage Reduce -95.9% 0.03% −0.80
GEV GE Vernova Inc. Reduce -29.2% 2.00% −0.64
SGOV iShares 0-3 Month Treasury B Reduce -81.8% 0.09% −0.45
XLRE SS Real Estate Select Sector Sold out 0.00% −0.29
XLK SS Technology Select Sector Reduce -10.9% 2.89% −0.27
AMZN Amazon.com Inc. Reduce -1.6% 2.42% −0.25
XLC SS Comm Select Sector SPDR Reduce -11.7% 1.87% −0.24
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -29.9% 0.40% −0.22
JPM JPMorgan Chase & Co. Reduce -12.5% 1.47% −0.20
TLT iShares 20+ Year Treasury BD Reduce -6.0% 1.20% −0.17
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -8.4% 1.36% −0.15
XOM Exxon Mobil Corp. Reduce -5.6% 1.50% −0.15
PLTR Palantir Technologies Inc. Class A Reduce -22.5% 3.12% −0.14
XLF SS Financial Select Sector Reduce -2.1% 1.66% −0.13
XLV SS Health Care Select Sector Reduce -0.7% 1.97% −0.11
XLI SS Industrial Select Sector Reduce -14.6% 0.42% −0.09
CBRE CBRE Group Inc. Class A Reduce -38.6% 0.13% −0.07
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -3.7% 2.83% −0.07
NINEQ Nine Energy Service Inc. Reduce -22.4% 0.10% −0.07
KMB Kimberly-Clark Corp. Sold out 0.00% −0.03
XLB SS Materials Select Sector Reduce -3.7% 0.26% −0.03
LMT Lockheed Martin Corp. Sold out 0.00% −0.03
MCD McDonald's Corp. Sold out 0.00% −0.02
XLY SS Consumer Disc Select Sect Reduce -3.4% 1.16% −0.02
SMH Vaneck Semiconductor ETF Reduce -23.9% 0.07% −0.02
TFLO iShares Treasury Floating Ra Reduce -16.8% 0.05% −0.01
VYM Vanguard High DVD Yield ETF Reduce -3.9% 0.18% −0.01
PRU Prudential Financial Inc. Reduce -15.6% 0.03% −0.01
SLB SLB Ltd. Reduce -15.6% 0.04% −0.01
EFA iShares MSCI Eafe ETF Reduce -6.5% 0.07% −0.01
CMCSA Comcast Corp. Class A Reduce -0.6% 0.03% −0.01
ADP Automatic Data Processing Reduce -3.0% 0.03% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -6.1% 0.09% −0.01
RSP Invesco S&P 500 Equal Weight Reduce -14.1% 0.02% −0.00
ROM Proshares Ultra Technology Reduce -20.7% 0.03% −0.00
SHV iShares 0-1 Year Treasury Bo Reduce -0.2% 0.03% −0.00
XLE SS Energy Select Sector Reduce -5.4% 0.03% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 0.18% −0.00
CVX Chevron Corp. Reduce -1.1% 0.07% −0.00
VOO Vanguard S&P 500 ETF Reduce -1.2% 0.03% −0.00
PWR Quanta Services Inc. Reduce -0.9% 0.06% 0.00
AMD Advanced Micro Devices Reduce -0.1% 0.07% +0.00
JNJ Johnson & Johnson Reduce -1.4% 0.04% +0.00
AEHR Aehr Test Systems Reduce -30.9% 0.02% +0.01
GOOGL Alphabet Inc. Class A Reduce -4.9% 0.08% +0.01
GOOG Alphabet Inc. Class C Reduce -20.5% 3.55% +0.02

Portfolio Buys Q2 2025 → Q3 2025
IEI iShares 3-7 Year Treasury Bo Add +126.8% 15.61% +8.17
META Meta Platforms Inc. Class A Add +4306.2% 1.82% +1.78
KMI Kinder Morgan Inc. Add +124.2% 1.84% +0.92
BLK BlackRock Inc. Add +92.1% 1.78% +0.87
NOW ServiceNow Inc. Add +117.2% 1.59% +0.70
ABBV Abbvie Inc. Add +1.7% 4.73% +0.68
NVDA Nvidia Corp. Add +9.7% 3.15% +0.51
PG The Procter & Gamble Co. Add +27.8% 2.68% +0.32
AMLP Alerian MLP ETF Add +107.3% 0.56% +0.25
REM iShares Mortgage Real Estate Add +77.1% 0.56% +0.23
BRK.B Berkshire Hathaway Inc. Class B Add +11.0% 3.76% +0.21
PANW Palo Alto Networks Inc. Add +17.2% 2.59% +0.18
NLY Annaly Capital Management Inc. Add +12.6% 1.72% +0.18
IJR iShares Core S&P Small-Cap E New 0.13% +0.13
AAPL Apple Inc. Add +10.7% 0.46% +0.10
IJH iShares Core S&P Midcap ETF New 0.09% +0.09
IVV iShares Core S&P 500 ETF Add +173.8% 0.13% +0.08
AVGO Broadcom Inc. Add +76.1% 0.14% +0.07
RTX RTX Corp. Add +0.8% 1.04% +0.06
ANET Arista Networks Inc. Add +82.3% 0.10% +0.06
IJK iShares S&P Mid-Cap 400 Grow New 0.05% +0.05
IJJ iShares S&P Mid-Cap 400 Valu New 0.04% +0.04
NFLX Netflix Inc. New 0.03% +0.03
PHYS Sprott Physical Gold Trust Add +49.9% 0.07% +0.03
VRTX Vertex Pharmaceuticals Inc. New 0.03% +0.03
IGM iShares Expanded Tech Sector New 0.02% +0.02
GLD SPDR Gold Shares New 0.02% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.02% +0.02
EFV iShares MSCI Eafe Value ETF New 0.02% +0.02
SO The Southern Co. New 0.02% +0.02
GDX Vaneck Gold Miners ETF New 0.02% +0.02
KO The Coca-Cola Co. New 0.02% +0.02
SEMR Semrush Holdings Inc. Class A New 0.02% +0.02
SPYM Ste STR SPDR PT S&P 500 ETF Add +5.1% 0.37% +0.02
IAU iShares Gold Trust Add +17.6% 0.07% +0.02
HD Home Depot Inc. Add +43.6% 0.04% +0.01
VEA Vanguard Ftse Developed ETF Add +47.8% 0.03% +0.01
MO Altria Group Inc. Add +5.4% 0.11% +0.01
PSLV Sprott Physical Silver Trust Add +4.8% 0.05% +0.01
AGG iShares Core U.S. Aggregate Add +10.0% 0.18% +0.00
VIG Vanguard Dividend Apprec ETF Add +10.2% 0.05% +0.00
AEP American Electric Power Add +5.2% 0.06% +0.00
AFL Aflac Inc. Add +8.7% 0.03% +0.00
TIP iShares Tips Bond ETF Add +11.4% 0.05% +0.00
VTI VG Morningstar TS MKT ETF-US Add +2.0% 0.10% +0.00
EPD Enterprise Products Partners Add +10.0% 0.03% +0.00
UNH Unitedhealth Group Inc. Add +0.4% 0.03% +0.00
EDV Vanguard Extended Dur Treas Add +4.5% 0.04% −0.00
CAH Cardinal Health Inc. Add +12.6% 0.03% −0.00
MMM 3M Co. Add +3.4% 0.05% −0.00

Options Activity Q2 2025 → Q3 2025
NVDA Nvidia Corp. put Sold out 3,000 $474Kbefore exit
AAPL Apple Inc. put Sold out 500 $103Kbefore exit
SPY SS SPDR S&P 500 ETF Trust-US put New 4,800 $2K

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