Crescent Grove Advisors, LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 10, 2026), Crescent Grove Advisors, LLC reported 296 stock positions worth $1.2 billion. Its top holding was Zurn Elkay Water Solutions C (ZWS) at 10.1% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.3%) and Vanguard S&P 500 ETF (VOO, 5.1%). Compared with Q1 2026, it opened 24 new positions, sold out of 27, added to 105 and reduced 90. The biggest buy was Zurn Elkay Water Solutions C (ZWS, shares +76%) and the biggest sale iShares 7-10 Year Treasury B (IEF, shares −25%).

Most Recent 13F
Q2 2026
Location
LAKE FOREST, IL
CIK
0001713520
Portfolio Value
$1.2B (Q2 2026)
SEC Filing
0000892712-26-000332 ↗ filed Aug 10, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $958.9M Q1 2024 Q2 2024: $912.5M Q2 2024 Q3 2024: $980.0M Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $959.5M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.2B $1.2B Q2 2026

Holdings 296 stocks · $1.2B
ZWS Zurn Elkay Water Solutions C 10.05% 2,349,563 $118.7M Add +76.0%
IVV iShares Core S&P 500 ETF 6.28% 99,058 $74.2M Add +1.3%
VOO Vanguard S&P 500 ETF 5.12% 87,946 $60.4M Add +5.2%
SPY SS SPDR S&P 500 ETF Trust-US 3.04% 48,022 $36.0M Reduce -1.4%
VTI VG Morningstar TS MKT ETF-US 2.75% 87,864 $32.5M Add +0.2%
IEMG iShares Core MSCI Emerging 2.68% 382,246 $31.7M Add +4.1%
QQQ Invesco QQQ Trust Series 1 2.26% 36,276 $26.7M Reduce -2.3%
IJR iShares Core S&P Small-Cap E 2.11% 168,109 $24.9M Reduce -1.4%
CDW CDW Corp. 2.10% 176,298 $24.8M Add +2.5%
IJH iShares Core S&P Midcap ETF 2.02% 309,593 $23.9M Add +1.2%
MAN Manpowergroup Inc. 1.96% 684,963 $23.1M Add +942.9%
AAPL Apple Inc. 1.80% 73,594 $21.3M Reduce -0.4%
IEFA iShares Core MSCI Eafe ETF 1.76% 214,655 $20.7M Add +2.8%
IWF iShares Russell 1000 Growth 1.71% 162,305 $20.2M Reduce -0.9%
IUSV iShares Core S&P U.S. Value 1.54% 164,622 $18.1M Add +1.3%
IEF iShares 7-10 Year Treasury B 1.53% 190,711 $18.0M Reduce -25.4%
FNF Fidelity National Financial 1.48% 370,001 $17.4M Add +0.1%
ICE Intercontinental Exchange Inc. 1.33% 127,363 $15.7M No change
NATL NCR Atleos Corp. 1.25% 338,916 $14.7M Reduce -15.6%
SGOV iShares 0-3 Month Treasury B 1.19% 139,719 $14.1M Reduce -22.4%
ITOT iShares Core S&P Total U.S. 1.11% 80,078 $13.2M Reduce -0.9%
VYM Vanguard High DVD Yield ETF 1.10% 81,898 $12.9M Add +1.7%
UYLD Angel Oak Ultrashort Income 1.01% 233,432 $12.0M Reduce -4.3%
ASCE Allspring Smid Core ETF 1.00% 335,588 $11.8M Add +126.7%
CARY Angel Oak Income ETF 0.99% 561,797 $11.7M Add +3.4%
XLE SS Energy Select Sector 0.91% 201,640 $10.7M Reduce -0.1%
XLF SS Financial Select Sector 0.87% 191,158 $10.2M Reduce -0.4%
XBI SS SPDR S&P Biotech ETF 0.85% 63,436 $10.0M Reduce -1.3%
FIS Fidelity National Info Serv 0.82% 248,118 $9.6M Reduce -2.3%
HEFA Isha Curr Hedged MSCI Eafe 0.79% 198,854 $9.3M Reduce -8.9%
SHV iShares 0-1 Year Treasury Bo 0.77% 82,401 $9.1M Reduce -1.2%
IWP iShares Russell Mid-Cap Grow 0.75% 60,813 $8.9M Reduce -0.8%
EMXC iShares MSCI Emr MRK Ex Chna 0.69% 79,418 $8.1M Add +10.2%
CARR Carrier Global Corp. 0.65% 104,675 $7.7M Add +0.0%
VEA Vanguard Ftse Developed ETF 0.64% 106,037 $7.6M Add +0.3%
BIL SS SPDR BB 1-3M T-Bill ETF 0.63% 81,680 $7.5M Reduce -29.6%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.62% 154,026 $7.3M Add +6.3%
IAU iShares Gold Trust 0.62% 96,466 $7.3M Reduce -3.0%
IWD iShares Russell 1000 Value E 0.61% 29,869 $7.2M Add +7.1%
IJS iShares S&P Small-Cap 600 Va 0.61% 52,809 $7.2M Reduce -1.4%
XLG Invesco S&P 500 Top 50 ETF 0.61% 117,638 $7.2M No change
IXUS iShares Core Intl Stock ETF 0.58% 72,209 $6.9M Add +16.1%
NVDA Nvidia Corp. 0.57% 33,831 $6.8M Add +2.3%
IWM iShares Russell 2000 ETF 0.57% 22,227 $6.7M Reduce -0.6%
XLI SS Industrial Select Sector 0.54% 34,723 $6.4M Reduce -0.5%
SHY iShares 1-3 Year Treasury Bo 0.51% 73,325 $6.0M Add +50.2%
FISV Fiserv Inc. 0.48% 115,905 $5.7M Add +40.9%
VYX NCR Voyix Corp. 0.47% 685,504 $5.6M Reduce -5.7%
EFA iShares MSCI Eafe ETF 0.47% 53,092 $5.5M Reduce -0.0%
IBB iShares Biotechnology ETF 0.46% 28,620 $5.4M Add +0.8%
VXUS Vanguard Total Intl Stock 0.46% 63,203 $5.4M Add +6.0%
BTAL Agf US Market Neutral Anti-B 0.45% 473,811 $5.3M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.44% 98,866 $5.2M Reduce -0.6%
MSFT Microsoft Corp. 0.43% 13,769 $5.1M Add +9.4%
DVYE iShares Emerging Markets Div 0.43% 158,296 $5.1M Add +4.7%
ARKW ARK Next Generation Technolo 0.43% 34,738 $5.0M Add +2.5%
IWO iShares Russell 2000 Growth 0.42% 12,648 $5.0M Reduce -2.4%
AMZN Amazon.com Inc. 0.42% 20,644 $4.9M Add +2.8%
AMD Advanced Micro Devices 0.39% 7,994 $4.6M Reduce -1.4%
GNR State Street SPDR S&P Global 0.38% 66,619 $4.5M Add +6.6%
BRK.B Berkshire Hathaway Inc. Class B 0.37% 8,809 $4.4M Add +2.8%
MU Micron Technology Inc. 0.37% 3,763 $4.3M Reduce -6.4%
IDV iShares International Select 0.35% 100,992 $4.2M Add +2.2%
SIL Global X Silver Miners ETF 0.35% 53,550 $4.1M Add +81.4%
ASB Associated Banc-Corp. 0.34% 132,033 $4.1M Reduce -18.7%
AEM Agnico Eagle Mines Ltd. 0.34% 26,028 $4.0M Add +40.6%
WPM Wheaton Precious Metals Corp. 0.34% 35,831 $4.0M Add +75.7%
TSLA Tesla Inc. 0.32% 8,849 $3.7M Reduce -0.3%
PAAS Pan American Silver Corp. 0.32% 83,060 $3.7M Add +11.4%
QUAL iShares MSCI USA Quality Fac 0.30% 16,292 $3.6M Add +2.1%
NEM Newmont Corp. 0.30% 38,049 $3.6M Add +10.4%
GLD SPDR Gold Shares 0.29% 9,439 $3.5M Reduce -39.5%
CFR Cullen/Frost Bankers Inc. 0.29% 22,468 $3.5M Reduce -10.0%
FNV Franco-Nevada Corp. 0.29% 16,355 $3.4M Add +45.6%
DVY iShares Select Dividend ETF 0.27% 20,085 $3.1M Add +1.0%
RSP Invesco S&P 500 Equal Weight 0.25% 14,105 $3.0M Add +6.3%
SUN Sunoco LP 0.24% 41,884 $2.8M Add +55.9%
CNNE Cannae Holdings Inc. 0.24% 195,819 $2.8M No change
GSL Global Ship Lease Inc. Class A 0.24% 73,994 $2.8M Add +92.3%
IWR iShares Russell Mid-Cap ETF 0.23% 25,006 $2.8M Add +3.1%
B Barrick Mining Corp. 0.23% 74,187 $2.7M New
ARLP Alliance Resource Partners 0.23% 111,178 $2.7M Add +55.1%
ET Energy Transfer LP 0.22% 136,877 $2.6M Reduce -36.7%
MPLX MPLX LP 0.22% 45,394 $2.6M Add +22.0%
SLV iShares Silver Trust 0.21% 47,427 $2.5M Add +116.8%
CIBR First Trust Nasdaq Cybersecu 0.21% 28,050 $2.5M Reduce -0.1%
SHW The Sherwin-Williams Co. 0.21% 7,198 $2.5M No change
GOOG Alphabet Inc. Class C 0.21% 6,977 $2.5M Add +24.7%
SPMD SS SPDR P S&P 400 Midcap ETF 0.20% 35,678 $2.4M Add +2.9%
ARKK ARK Innovation ETF 0.20% 29,648 $2.4M Reduce -6.8%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.20% 38,650 $2.4M Reduce -13.0%
QQQM Invesco Nasdaq 100 ETF 0.20% 7,795 $2.4M Add +0.0%
RIO Rio Tinto PLC-Spon ADR 0.20% 24,401 $2.3M Add +2.2%
VWO Vanguard Ftse Emerging Marke 0.19% 37,721 $2.3M Add +0.4%
VIG Vanguard Dividend Apprec ETF 0.19% 9,491 $2.2M Add +8.9%
COPX Global X Copper Miners ETF 0.19% 29,038 $2.2M Add +121.2%
GOOGL Alphabet Inc. Class A 0.18% 5,916 $2.1M Add +1.8%
BANC Banc of California Inc. 0.18% 102,275 $2.1M No change
SPSM SS SPDR P S&P 600 Small Cap 0.18% 36,402 $2.1M Add +0.9%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.18% 16,389 $2.1M Add +2.1%
DTH Wisdomtree International Hig 0.17% 37,800 $2.0M No change
EPD Enterprise Products Partners 0.17% 54,799 $2.0M Reduce -11.3%
IGM iShares Expanded Tech Sector 0.17% 12,140 $2.0M No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.16% 21,922 $1.9M Reduce -0.2%
GDX Vaneck Gold Miners ETF 0.16% 25,420 $1.9M Reduce -1.1%
TECL Dire Dai Tec Bull 3X ETF-Usd 0.15% 7,923 $1.8M Add +0.8%
PG The Procter & Gamble Co. 0.15% 12,315 $1.8M Reduce -2.4%
NTRS Northern Trust Corp. 0.15% 10,253 $1.8M Add +6.5%
FG F&G Annuities & Life Inc. 0.15% 66,288 $1.8M Add +1.6%
IJJ iShares S&P Mid-Cap 400 Valu 0.15% 11,806 $1.7M No change
EUSA iShares MSCI USA Equal Weigh 0.15% 15,099 $1.7M Add +23.7%
IHAK iShares Cybersecurity & Tech 0.14% 28,030 $1.7M Reduce -1.1%
LNTH Lantheus Holdings Inc. 0.14% 14,907 $1.7M Reduce -11.8%
ARKQ ARK Autonomous Tech & Robot 0.14% 12,304 $1.6M No change
ITA iShares U.S. Aerospace & Def 0.14% 6,602 $1.6M Add +7.1%
XLP SS Consumer Staples Sel Sect 0.13% 18,629 $1.5M No change
SPHD Invesco S&P 500 High Dividen 0.12% 29,003 $1.5M Add +1.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.12% 6,661 $1.5M Reduce -2.8%
ARKG ARK Genomic Revolution ETF 0.12% 34,508 $1.5M No change
IGIB iShares 5-10Y Inv Grade Corp. 0.12% 26,935 $1.4M New
IVE iShares S&P 500 Value ETF 0.12% 6,140 $1.4M No change
IVW iShares S&P 500 Growth ETF 0.12% 10,110 $1.4M Add +9.3%
XOM Exxon Mobil Corp. 0.12% 10,144 $1.4M Reduce -6.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.12% 16,068 $1.4M Reduce -16.3%
IWV iShares Russell 3000 ETF 0.12% 3,195 $1.4M Reduce -6.9%
EEM iShares MSCI Emerging Market 0.11% 19,333 $1.3M Add +0.1%
IWN iShares Russell 2000 Value E 0.11% 5,835 $1.3M No change
BX Blackstone Inc. 0.11% 10,550 $1.2M Reduce -6.8%
ABBV Abbvie Inc. 0.10% 4,906 $1.2M Add +0.7%
JPM JPMorgan Chase & Co. 0.10% 3,763 $1.2M Reduce -45.8%
DFAI Dimensional International Co. 0.10% 29,604 $1.2M Add +0.9%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.10% 7,056 $1.2M No change
HACK Amplify Cybersecurity ETF 0.10% 10,890 $1.1M Add +0.9%
XT Ishar Fture Exp Tech ETF-Usd 0.09% 13,173 $1.1M Reduce -0.8%
SPHQ Invesco S&P 500 Quality ETF 0.09% 12,035 $1.1M No change
KSS Kohls Corp. 0.09% 58,182 $1.0M Add +5.8%
TLT iShares 20+ Year Treasury BD 0.08% 11,561 $999K New
COST Costco Wholesale Corp. 0.08% 1,054 $986K Reduce -4.5%
BUSE First Busey Corp. 0.08% 33,264 $981K No change
INTC Intel Corp. 0.08% 6,970 $973K Add +6.3%
IWS iShares Russell Mid-Cap Valu 0.08% 5,814 $957K No change
ISCG iShares Morningstar Small-Ca 0.08% 14,337 $940K No change
PM Philip Morris International 0.08% 5,136 $937K Reduce -2.6%
ALKT Alkami Technology Inc. 0.08% 50,000 $906K No change
SIRI Sirius XM Holdings Inc. 0.08% 30,606 $904K No change
GSLC Goldman Activebeta US LC ETF 0.07% 6,179 $877K No change
IR Ingersoll-Rand Inc. 0.07% 10,680 $876K Reduce -11.1%
IJK iShares S&P Mid-Cap 400 Grow 0.07% 7,255 $852K Reduce -7.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 2,832 $796K Add +0.6%
SCHG Schwab US Large-Cap Growth 0.07% 22,901 $775K Reduce -9.5%
BRK.A Berkshire Hathaway Inc. Class A 0.06% 1 $749K No change
JNJ Johnson & Johnson 0.06% 2,906 $738K Reduce -14.9%
RNMN Rivernorth MRKT Neutral ETF 0.06% 27,855 $726K Reduce -4.4%
WEAV Weave Communications Inc. 0.06% 121,179 $726K Add +17.5%
ETN Eaton Corp. PLC 0.06% 1,681 $716K Reduce -1.1%
VB Vanguard Most SM-Cap ETF-Usd 0.06% 2,352 $713K No change
OBIL F/M US Treasury 12 Month Bil 0.06% 14,055 $702K No change
QUAD Quad Graphics Inc. 0.06% 82,990 $700K Add +3.1%
CVX Chevron Corp. 0.06% 4,200 $696K Add +17.1%
ACWX iShares MSCI Acwi Ex US ETF 0.06% 9,020 $687K Add +27.8%
BMO Bank of Montreal filed as BANK MONTREAL MEDIUM 0.06% 3,839 $678K No change
GEV GE Vernova Inc. 0.06% 572 $673K Reduce -16.4%
UPS United Parcel Service Class B 0.06% 6,245 $671K Add +0.6%
GS Goldman Sachs Group Inc. 0.06% 660 $667K Reduce -2.9%
META Meta Platforms Inc. Class A 0.05% 1,130 $636K Reduce -13.3%
IWB iShares Russell 1000 ETF 0.05% 1,511 $619K Reduce -0.7%
GENI Genius Sports Ltd. 0.05% 97,629 $592K Add +34.4%
RHI Robert Half Inc. 0.05% 19,050 $585K Reduce -2.6%
HDEF Xtrackers MSCI Eafe High Div 0.05% 18,116 $582K Reduce -4.5%
IYW iShares Ustechnology ETF 0.05% 2,272 $573K No change
VXF Vanguard Extended Market ETF 0.05% 2,308 $568K No change
VGK Vanguard Ftse Europe ETF 0.05% 6,418 $568K No change
BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.05% 16,371 $559K No change
CMC Commercial Metals Co. 0.05% 8,896 $558K No change
FDVV Fidelity High Dividend ETF 0.05% 9,179 $553K No change
URI United Rentals Inc. 0.05% 486 $551K New
BKNG Booking Holdings Inc. 0.05% 3,075 $548K No change
MDYV SS SPDR S&P 400 MC Val ETF 0.05% 5,636 $535K No change
NOBL Proshares S&P 500 Dividend A 0.04% 9,148 $514K No change
JNK SS SPDR BB High Yield Bond 0.04% 5,308 $512K No change
MFC Manulife Financial Corp. 0.04% 12,566 $509K Add +0.6%
SCHW Schwab (charles) Corp. 0.04% 5,504 $508K Add +1.0%
KO The Coca-Cola Co. 0.04% 6,172 $505K Add +0.1%
KRE SS SPDR S&P Regional Bank 0.04% 6,659 $498K No change
UNH Unitedhealth Group Inc. 0.04% 1,190 $495K Reduce -12.0%
REMX Vaneck Rar Earth ND STG-Usdi 0.04% 5,581 $494K Add +14.5%
SCHD Schwab US DVD Equity ETF 0.04% 15,527 $492K Add +25.4%
FCX Freeport-McMoran Inc. 0.04% 7,675 $483K Reduce -51.6%
IJT iShares S&P Small-Cap 600 GR 0.04% 2,669 $477K No change
NXPI NXP Semiconductors NV 0.04% 1,655 $467K No change
MAS Masco Corp. 0.04% 5,700 $464K No change
XAR SS SPDR S&P Aerospace Def 0.04% 1,611 $457K Reduce -8.5%
JEPI JPMorgan Equity Premium Inco 0.04% 8,043 $454K Reduce -87.8%
RSI Rush Street Interactive Inc. 0.04% 15,000 $446K Add +20.0%
XLK SS Technology Select Sector 0.04% 2,336 $445K Reduce -30.6%
BA The Boeing Co. 0.04% 2,037 $441K No change
V Visa Inc. Class A 0.04% 1,269 $435K Add +0.1%
PSFE Paysafe Ltd. 0.04% 58,190 $435K Add +29.0%
HD Home Depot Inc. 0.04% 1,223 $431K Add +2.4%
EFV iShares MSCI Eafe Value ETF 0.04% 5,622 $430K Reduce -23.1%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.04% 1,246 $429K Reduce -1.1%
VLO Valero Energy Corp. 0.04% 1,613 $420K New
TDG Transdigm Group Inc. 0.04% 311 $414K Add +1.6%
CSCO Cisco Systems Inc. 0.04% 3,519 $413K Reduce -10.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.03% 1,115 $408K Add +0.5%
PAA Plains All Amer Pipeline LP 0.03% 18,071 $402K Reduce -56.4%
NCLO Nuveen Aa-BBB Clo ETF 0.03% 15,973 $401K New
IUSG iShares Core S&P U.S. Growth 0.03% 2,112 $397K Reduce -0.1%
WMT Walmart Inc. 0.03% 3,497 $396K Reduce -0.6%
MMM 3M Co. 0.03% 2,445 $396K No change
MRVL Marvell Technology Inc. 0.03% 1,325 $395K New
VRT Vertiv Holdings Co. Class A 0.03% 1,136 $380K Reduce -20.9%
CVS CVS Health Corp. 0.03% 3,676 $380K Reduce -29.4%
DKNG Draftkings Inc. Class A 0.03% 15,022 $379K No change
SCZ iShares MSCI Eafe Small-Cap 0.03% 4,568 $376K Add +1.4%
ISVL iShares International Develo 0.03% 7,355 $370K No change
IHF iShares U.S. Healthcare Prov 0.03% 6,591 $365K No change
NOW ServiceNow Inc. 0.03% 3,667 $364K New
SNDK Sandisk Corp. 0.03% 160 $364K New
SHEL Shell PLC-ADR 0.03% 4,687 $363K Add +84.8%
MPC Marathon Petroleum Corp. 0.03% 1,415 $362K New
AAXJ iShares MSCI All Country Asi 0.03% 3,021 $361K Reduce -19.1%
APLU Allspring Core Plus ETF 0.03% 14,456 $356K Add +0.5%
ABT Abbott Laboratories 0.03% 3,903 $354K Add +1.3%
SCHA Schwab US Small-Cap ETF 0.03% 9,716 $351K No change
ACGL Arch Capital Group Ltd. 0.03% 3,590 $348K No change
SCHB Schwab US Broad Market ETF 0.03% 12,000 $348K No change
XLB SS Materials Select Sector 0.03% 6,807 $346K No change
TSM Taiwan Semiconductor-SP ADR 0.03% 721 $346K Reduce -37.1%
IWC iShares Micro-Cap ETF 0.03% 1,716 $343K No change
PRNT The 3D Printing ETF 0.03% 13,910 $342K Reduce -4.9%
UL Unilever PLC-Sponsored ADR 0.03% 5,596 $336K Add +1.0%
CTAS Cintas Corp. 0.03% 1,976 $336K No change
EDIV State Street SPDR S&P Emergi 0.03% 8,155 $334K Reduce -10.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 2,191 $332K Add +0.8%
IGRO iShares Intl Div Growth ETF 0.03% 3,516 $309K No change
KBE SS SPDR S&P Bank ETF 0.03% 4,463 $304K No change
UBER Uber Technologies Inc. 0.03% 4,189 $302K Add +11.3%
GRPM Invesco S&P Midcap 400 Garp 0.03% 2,300 $299K No change
PFF iShares Preferred & Income S 0.02% 9,646 $294K No change
NFLX Netflix Inc. 0.02% 4,076 $291K Add +76.0%
DFAT Dimensional US Target Value 0.02% 4,144 $290K No change
BLK BlackRock Inc. 0.02% 300 $288K Reduce -18.9%
XLRE SS Real Estate Select Sector 0.02% 6,442 $284K No change
ROK Rockwell Automation Inc. 0.02% 568 $281K No change
XME SS SPDR S&P Metals Mining 0.02% 2,630 $281K Add +27.1%
VZ Verizon Communications Inc. 0.02% 6,625 $281K Reduce -10.7%
CCLD Carecloud Inc. 0.02% 130,769 $277K Add +118.0%
T AT&T Inc. 0.02% 13,305 $275K Add +35.2%
CAT Caterpillar Inc. 0.02% 256 $273K Reduce -32.5%
OEF iShares S&P 100 ETF 0.02% 734 $268K No change
TLN Talen Energy Corp. 0.02% 697 $268K Reduce -6.7%
VIGI Vanguard Int Div App Indx FD 0.02% 2,850 $266K No change
VIS Vanguard Industrials ETF 0.02% 717 $258K No change
DFUV Dimensional US Marketwide Va 0.02% 4,682 $258K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.02% 2,929 $257K No change
DFAE Dimensional Emerging Core Eq 0.02% 6,291 $253K Add +1.4%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA B C 0.02% 2,900 $252K No change
FNDE Schwab Fndmntl Em MRK Eq ETF 0.02% 6,245 $248K No change
GNRC Generac Holdings Inc. 0.02% 842 $246K Reduce -25.4%
CMI Cummins Inc. 0.02% 344 $245K New
FNDF Schwab Fndmn Intl LRG Co. ETF 0.02% 4,488 $237K No change
AMGN Amgen Inc. 0.02% 647 $234K No change
AVGO Broadcom Inc. 0.02% 619 $234K Reduce -4.3%
BAM Brookfield Asset Mgmt-A 0.02% 5,200 $233K Add +2.0%
BP BP PLC-Spons ADR 0.02% 6,250 $231K Reduce -5.9%
MDY State Street SPDR S&P Midcap 0.02% 325 $229K No change
RSPG Invesco S&P 500 Equal Weight 0.02% 2,337 $229K No change
XLV SS Health Care Select Sector 0.02% 1,441 $229K Reduce -2.8%
SDY SS SPDR S&P Dividend ETF 0.02% 1,500 $228K No change
VEU Vanguard Ftse All-World Ex-U 0.02% 2,704 $226K No change
ALL Allstate Corp. 0.02% 946 $226K New
CRWD CrowdStrike Holdings Inc. Class A 0.02% 295 $225K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.02% 926 $225K No change
CMCSA Comcast Corp. Class A 0.02% 9,124 $224K Add +0.0%
MELI MercadoLibre Inc. 0.02% 129 $219K Reduce -16.2%
AEE Ameren Corporation 0.02% 1,931 $218K New
EMR Emerson Electric Co. 0.02% 1,520 $218K New
VMC Vulcan Materials Co. 0.02% 731 $216K New
IYG iShares U.S. Financial Servi 0.02% 2,379 $215K New
MCD McDonald's Corp. 0.02% 788 $213K No change
EW Edwards Lifesciences Corp. 0.02% 2,339 $212K New
ARTY iShares Future AI & Tech ETF 0.02% 2,765 $211K New
PLTR Palantir Technologies Inc. Class A 0.02% 1,783 $208K Add +1.5%
APAM Artisan Partners Asset Ma -A 0.02% 6,000 $207K No change
RY Royal Bank of Canada 0.02% 1,000 $207K New
GLW Corning Inc. 0.02% 810 $207K New
MO Altria Group Inc. 0.02% 2,825 $206K New
AGG iShares Core U.S. Aggregate 0.02% 2,047 $203K Add +0.5%
IBIT iShares Bitcoin Trust ETF 0.02% 6,070 $202K Reduce -9.9%
SST SYSTEM1 Inc. 0.01% 75,545 $175K New
XTNT Xtant Medical Holdings Inc. 0.01% 412,024 $173K No change
BTZ BlackRock Credit Allocation 0.01% 13,500 $138K No change
DXR Daxor Corp. 0.01% 12,423 $128K Add +15.8%
KELYA Kelly Services Inc. Class A 0.01% 10,000 $123K No change
SNAP Snap Inc. Class A 0.00% 11,271 $50K New

Options reported separately and not counted above: SPY puts ($16.5M).

Other holdings (1): bonds, preferreds, convertibles and warrants · $266K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 212$266KNo change

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q1 2026 → Q2 2026
IEF iShares 7-10 Year Treasury B Reduce -25.4% 1.53% −0.89
SGOV iShares 0-3 Month Treasury B Reduce -22.4% 1.19% −0.61
NATL NCR Atleos Corp. Reduce -15.6% 1.25% −0.49
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -29.6% 0.63% −0.42
GLD SPDR Gold Shares Reduce -39.5% 0.29% −0.37
FIS Fidelity National Info Serv Reduce -2.3% 0.82% −0.36
JEPI JPMorgan Equity Premium Inco Reduce -87.8% 0.04% −0.33
XLE SS Energy Select Sector Reduce -0.1% 0.91% −0.32
IAU iShares Gold Trust Reduce -3.0% 0.62% −0.25
UYLD Angel Oak Ultrashort Income Reduce -4.3% 1.01% −0.23
ET Energy Transfer LP Reduce -36.7% 0.22% −0.19
GFI Gold Fields Ltd.-Spons ADR Sold out 0.00% −0.18
OUNZ Vaneck Merk Gold ETF Sold out 0.00% −0.16
SHV iShares 0-1 Year Treasury Bo Reduce -1.2% 0.77% −0.14
HEFA Isha Curr Hedged MSCI Eafe Reduce -8.9% 0.79% −0.13
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.4% 3.04% −0.10
IAG Iamgold Corp. Sold out 0.00% −0.10
MRK Merck & Co. Inc. Sold out 0.00% −0.10
JPM JPMorgan Chase & Co. Reduce -45.8% 0.10% −0.10
KGC Kinross Gold Corp. Sold out 0.00% −0.09
IGSB iShares 1-5Y Inv Grade Corp. Reduce -0.6% 0.44% −0.08
ASB Associated Banc-Corp. Reduce -18.7% 0.34% −0.07
XLF SS Financial Select Sector Reduce -0.4% 0.87% −0.07
GDX Vaneck Gold Miners ETF Reduce -1.1% 0.16% −0.07
XOM Exxon Mobil Corp. Reduce -6.8% 0.12% −0.07
EPD Enterprise Products Partners Reduce -11.3% 0.17% −0.06
PAA Plains All Amer Pipeline LP Reduce -56.4% 0.03% −0.06
AU Anglogold Ashanti PLC Sold out 0.00% −0.06
AA Alcoa Corp. Sold out 0.00% −0.06
AAPL Apple Inc. Reduce -0.4% 1.80% −0.05
CDE Coeur Mining Inc. Sold out 0.00% −0.05
FCX Freeport-McMoran Inc. Reduce -51.6% 0.04% −0.05
CFR Cullen/Frost Bankers Inc. Reduce -10.0% 0.29% −0.05
EFA iShares MSCI Eafe ETF Reduce -0.0% 0.47% −0.04
JEPQ JPM Nasdaq Equity Premium Reduce -13.0% 0.20% −0.04
TGT Target Corp. Sold out 0.00% −0.04
CSTM Constellium SE Sold out 0.00% −0.04
ILTB iShares Core 10+ Year Usd Bo Sold out 0.00% −0.03
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.03
AUGO Aura Minerals Inc. Sold out 0.00% −0.03
PG The Procter & Gamble Co. Reduce -2.4% 0.15% −0.03
ITOT iShares Core S&P Total U.S. Reduce -0.9% 1.11% −0.03
IP International Paper Co. Sold out 0.00% −0.03
COST Costco Wholesale Corp. Reduce -4.5% 0.08% −0.03
USO United States Oil Fund LP Sold out 0.00% −0.03
IWP iShares Russell Mid-Cap Grow Reduce -0.8% 0.75% −0.02
IWF iShares Russell 1000 Growth Reduce -0.9% 1.71% −0.02
BX Blackstone Inc. Reduce -6.8% 0.11% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.02
DG Dollar General Corp. Sold out 0.00% −0.02

Portfolio Buys Q1 2026 → Q2 2026
ZWS Zurn Elkay Water Solutions C Add +76.0% 10.05% +4.12
MAN Manpowergroup Inc. Add +942.9% 1.96% +1.77
ASCE Allspring Smid Core ETF Add +126.7% 1.00% +0.59
B Barrick Mining Corp. New 0.23% +0.23
VOO Vanguard S&P 500 ETF Add +5.2% 5.12% +0.16
IEMG iShares Core MSCI Emerging Add +4.1% 2.68% +0.14
EMXC iShares MSCI Emr MRK Ex Chna Add +10.2% 0.69% +0.13
IGIB iShares 5-10Y Inv Grade Corp. New 0.12% +0.12
SHY iShares 1-3 Year Treasury Bo Add +50.2% 0.51% +0.11
GSL Global Ship Lease Inc. Class A Add +92.3% 0.24% +0.09
COPX Global X Copper Miners ETF Add +121.2% 0.19% +0.09
SIL Global X Silver Miners ETF Add +81.4% 0.35% +0.09
TECL Dire Dai Tec Bull 3X ETF-Usd Add +0.8% 0.15% +0.09
TLT iShares 20+ Year Treasury BD New 0.08% +0.08
WPM Wheaton Precious Metals Corp. Add +75.7% 0.34% +0.08
SLV iShares Silver Trust Add +116.8% 0.21% +0.07
SUN Sunoco LP Add +55.9% 0.24% +0.07
CARR Carrier Global Corp. Add +0.0% 0.65% +0.07
INTC Intel Corp. Add +6.3% 0.08% +0.05
GOOG Alphabet Inc. Class C Add +24.7% 0.21% +0.05
IXUS iShares Core Intl Stock ETF Add +16.1% 0.58% +0.05
URI United Rentals Inc. New 0.05% +0.05
CDW CDW Corp. Add +2.5% 2.10% +0.04
VLO Valero Energy Corp. New 0.04% +0.04
NCLO Nuveen Aa-BBB Clo ETF New 0.03% +0.03
MRVL Marvell Technology Inc. New 0.03% +0.03
SNDK Sandisk Corp. New 0.03% +0.03
NOW ServiceNow Inc. New 0.03% +0.03
MPC Marathon Petroleum Corp. New 0.03% +0.03
ARLP Alliance Resource Partners Add +55.1% 0.23% +0.03
FISV Fiserv Inc. Add +40.9% 0.48% +0.03
EUSA iShares MSCI USA Equal Weigh Add +23.7% 0.15% +0.02
IWD iShares Russell 1000 Value E Add +7.1% 0.61% +0.02
ARKW ARK Next Generation Technolo Add +2.5% 0.43% +0.02
CMI Cummins Inc. New 0.02% +0.02
ALL Allstate Corp. New 0.02% +0.02
CRWD CrowdStrike Holdings Inc. Class A New 0.02% +0.02
AEE Ameren Corporation New 0.02% +0.02
EMR Emerson Electric Co. New 0.02% +0.02
VMC Vulcan Materials Co. New 0.02% +0.02
IYG iShares U.S. Financial Servi New 0.02% +0.02
GENI Genius Sports Ltd. Add +34.4% 0.05% +0.02
EW Edwards Lifesciences Corp. New 0.02% +0.02
ARTY iShares Future AI & Tech ETF New 0.02% +0.02
NTRS Northern Trust Corp. Add +6.5% 0.15% +0.02
MO Altria Group Inc. New 0.02% +0.02
GLW Corning Inc. New 0.02% +0.02
RY Royal Bank of Canada New 0.02% +0.02
HACK Amplify Cybersecurity ETF Add +0.9% 0.10% +0.02
QQQM Invesco Nasdaq 100 ETF Add +0.0% 0.20% +0.02

Options Activity Q1 2026 → Q2 2026
SPY SS SPDR S&P 500 ETF Trust-US put Reduce -4.6% 26,700 $16.5M
SPY SS SPDR S&P 500 ETF Trust-US call Sold out 18,000 $13.3Mbefore exit

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 296$1.2BZWS, IVV, VOO, SPY, VTI
Q1 2026 299$1.0BIVV, ZWS, VOO, SPY, VTI
Q4 2025 294$1.1BZWS, IVV, VOO, SPY, VTI
Q3 2025 289$1.0BZWS, IVV, VOO, SPY, VTI
Q2 2025 285$1.0BZWS, IVV, DNB, VOO, SPY
Q1 2025 261$959.5MZWS, DNB, IVV, VOO, SPY
Q4 2024 275$1.0BZWS, DNB, IVV, VOO, SPY
Q3 2024 274$980.0MZWS, DNB, IVV, VOO, SPY
Q2 2024 274$912.5MZWS, IVV, DNB, VOO, SPY
Q1 2024 298$958.9MZWS, DNB, IVV, FIS, VYX