Cypress Capital, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 6, 2026), Cypress Capital, LLC reported 93 stock positions worth $357.1 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 13.1% of the portfolio, followed by SS SPDR BB 1-3M T-Bill ETF (BIL, 10.1%) and Vanguard 0-3M T-Bill ETF (VBIL, 9.3%). Compared with Q3 2025, it opened 4 new positions, sold out of 4, added to 47 and reduced 35. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +13%) and the biggest sale Vanguard Total Intl Stock (VXUS, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKLIN, TN
- CIK
- 0001729939
- Portfolio Value
- $357.1M (Q4 2025)
- SEC Filing
- 0001729939-26-000001 ↗ filed Feb 6, 2026
Holdings Value
Holdings 93 stocks · $357.1M
| VTI VG Morningstar TS MKT ETF-US | 13.08% | 139,276 | $46.7M | Add +0.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 10.15% | 396,462 | $36.2M | Add +13.4% |
| VBIL Vanguard 0-3M T-Bill ETF | 9.31% | 440,533 | $33.2M | Add +2.9% |
| USFR Wisdomtree Floating Rate Tre | 7.98% | 566,132 | $28.5M | Add +0.7% |
| TIP iShares Tips Bond ETF | 5.09% | 165,244 | $18.2M | Add +0.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.03% | 26,336 | $18.0M | Add +0.9% |
| SGOL Abrdn Physical Gold Shares | 3.67% | 319,126 | $13.1M | Reduce -0.5% |
| VGSH Vanguard Short-Term Treasury | 3.47% | 211,186 | $12.4M | Reduce -4.6% |
| NOBL Proshares S&P 500 Dividend A | 2.61% | 89,726 | $9.3M | Add +40.3% |
| AAPL Apple Inc. | 2.27% | 29,791 | $8.1M | Add +4.5% |
| TFLO iShares Treasury Floating Ra | 2.16% | 152,640 | $7.7M | Add +0.4% |
| SGOV iShares 0-3 Month Treasury B | 2.08% | 74,044 | $7.4M | Add +3.3% |
| TBIL F/M US Treasury 3 Month Bill | 1.47% | 105,243 | $5.2M | Add +59.7% |
| HEFA Isha Curr Hedged MSCI Eafe | 1.10% | 95,176 | $3.9M | Add +1.6% |
| VXUS Vanguard Total Intl Stock | 1.10% | 51,909 | $3.9M | Reduce -66.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.04% | 12,500 | $3.7M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 1.02% | 11,605 | $3.6M | Reduce -15.4% |
| ABBV Abbvie Inc. | 0.96% | 15,055 | $3.4M | Add +1.3% |
| AVGO Broadcom Inc. | 0.88% | 9,127 | $3.2M | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.88% | 40,575 | $3.1M | Add +1.6% |
| KR Kroger Co. | 0.82% | 46,762 | $2.9M | Add +1.7% |
| MDT Medtronic PLC | 0.81% | 30,272 | $2.9M | Add +2.2% |
| SCHW Schwab (charles) Corp. | 0.81% | 29,070 | $2.9M | Add +64.3% |
| V Visa Inc. Class A | 0.80% | 8,115 | $2.8M | Add +1.9% |
| AMGN Amgen Inc. | 0.78% | 8,460 | $2.8M | Add +1.5% |
| GOOG Alphabet Inc. Class C | 0.75% | 8,572 | $2.7M | Reduce -6.0% |
| HD Home Depot Inc. | 0.74% | 7,675 | $2.6M | Add +1.4% |
| MRK Merck & Co. Inc. | 0.74% | 25,081 | $2.6M | Reduce -1.7% |
| LRCX Lam Research Corp. | 0.71% | 14,896 | $2.5M | Add +0.5% |
| QCOM Qualcomm Inc. | 0.71% | 14,844 | $2.5M | Add +1.5% |
| MCD McDonald's Corp. | 0.71% | 8,307 | $2.5M | Add +1.9% |
| LMT Lockheed Martin Corp. | 0.70% | 5,157 | $2.5M | Add +1.8% |
| PULS Pgim Ultra Short Bond ETF | 0.69% | 49,979 | $2.5M | Reduce -4.0% |
| IEF iShares 7-10 Year Treasury B | 0.69% | 25,615 | $2.5M | Reduce -2.3% |
| LOW Lowe's Cos Inc. | 0.68% | 10,018 | $2.4M | Reduce -0.2% |
| ETN Eaton Corp. PLC | 0.66% | 7,369 | $2.3M | Add +1.6% |
| MSFT Microsoft Corp. | 0.65% | 4,794 | $2.3M | Add +1.9% |
| NTAP Netapp Inc. | 0.63% | 21,109 | $2.3M | Add +0.8% |
| PG The Procter & Gamble Co. | 0.63% | 15,741 | $2.3M | Add +0.7% |
| BMY Bristol-Myers Squibb Co. | 0.57% | 38,042 | $2.1M | Reduce -18.0% |
| VTIP Vanguard Short-Term Tips | 0.55% | 39,748 | $2.0M | Add +2.3% |
| XOM Exxon Mobil Corp. | 0.52% | 15,473 | $1.9M | Reduce -20.1% |
| NXT Nextpower Inc. | 0.52% | 21,326 | $1.9M | Reduce -8.6% |
| SBUX Starbucks Corp. | 0.50% | 21,040 | $1.8M | Reduce -16.6% |
| TPR Tapestry Inc. | 0.46% | 12,912 | $1.6M | Reduce -6.6% |
| SHOP Shopify Inc. Class A | 0.45% | 10,000 | $1.6M | No change |
| GIS General Mills Inc. | 0.42% | 32,136 | $1.5M | Reduce -19.0% |
| FOXA Fox Corp. Class A | 0.41% | 19,953 | $1.5M | Reduce -5.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.41% | 18,271 | $1.5M | Reduce -0.3% |
| NVDA Nvidia Corp. | 0.37% | 7,171 | $1.3M | Add +1.4% |
| CMCSA Comcast Corp. Class A | 0.37% | 44,699 | $1.3M | Reduce -20.9% |
| CL Colgate-Palmolive Co. | 0.34% | 15,192 | $1.2M | Reduce -19.5% |
| PTRB Pgim Total Return Bond ETF | 0.27% | 23,325 | $981K | Add +12.0% |
| KFY Korn Ferry | 0.24% | 12,814 | $846K | Reduce -6.6% |
| LLY Eli Lilly & Co. | 0.23% | 749 | $805K | Reduce -5.4% |
| IONS Ionis Pharmaceuticals Inc. | 0.22% | 10,000 | $791K | No change |
| EXEL Exelixis Inc. | 0.20% | 16,636 | $729K | Reduce -6.8% |
| GLD SPDR Gold Shares | 0.20% | 1,779 | $705K | Add +3.1% |
| ALSN Allison Transmission Holding | 0.19% | 6,839 | $670K | Reduce -6.5% |
| MDY State Street SPDR S&P Midcap | 0.18% | 1,054 | $636K | Reduce -4.7% |
| SCHD Schwab US DVD Equity ETF | 0.18% | 23,088 | $633K | Reduce -0.4% |
| TGNA Tegna Inc. | 0.18% | 32,590 | $633K | Reduce -6.5% |
| HPQ HP Inc. | 0.17% | 27,609 | $615K | Reduce -6.3% |
| IVV iShares Core S&P 500 ETF | 0.17% | 894 | $612K | No change |
| MBB iShares MBS ETF | 0.17% | 6,389 | $608K | Reduce -4.9% |
| CALM Cal-Maine Foods Inc. | 0.15% | 6,838 | $544K | Reduce -10.9% |
| IWD iShares Russell 1000 Value E | 0.15% | 2,520 | $530K | No change |
| META Meta Platforms Inc. Class A | 0.14% | 759 | $501K | Reduce -10.0% |
| TSLA Tesla Inc. | 0.13% | 999 | $449K | Add +1.7% |
| UNH Unitedhealth Group Inc. | 0.12% | 1,306 | $431K | Reduce -6.2% |
| OMC Omnicom Group | 0.11% | 5,072 | $410K | Reduce -6.9% |
| CRM Salesforce Inc. | 0.11% | 1,476 | $391K | Add +2.9% |
| AMZN Amazon.com Inc. | 0.11% | 1,671 | $386K | Add +5.2% |
| RSP Invesco S&P 500 Equal Weight | 0.11% | 2,013 | $386K | Add +5.6% |
| VOO Vanguard S&P 500 ETF | 0.10% | 563 | $353K | Add +0.9% |
| ESTC Elastic NV | 0.10% | 4,614 | $348K | No change |
| MA Mastercard Inc. Class A | 0.08% | 527 | $301K | Add +12.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 572 | $288K | Reduce -3.5% |
| IWF iShares Russell 1000 Growth | 0.08% | 590 | $279K | No change |
| GILD Gilead Sciences Inc. | 0.07% | 2,167 | $266K | Add +2.9% |
| VT Vanguard Tot World STK ETF | 0.07% | 1,810 | $255K | No change |
| COF Capital One Financial Corp. | 0.07% | 1,001 | $243K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 394 | $242K | Reduce -13.6% |
| EVR Evercore Inc. Class A | 0.07% | 694 | $236K | Add +8.3% |
| RIVN Rivian Automotive Inc. Class A | 0.07% | 11,960 | $236K | Add +5.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.06% | 484 | $227K | Add +5.2% |
| GEV GE Vernova Inc. | 0.06% | 346 | $226K | New |
| SU Suncor Energy Inc. | 0.06% | 4,911 | $218K | Add +0.1% |
| BA The Boeing Co. | 0.06% | 996 | $216K | New |
| CVX Chevron Corp. | 0.06% | 1,413 | $215K | Add +9.4% |
| AVAV Aerovironment Inc. | 0.06% | 864 | $209K | New |
| COP Conocophillips | 0.06% | 2,196 | $206K | Reduce -15.7% |
| T AT&T Inc. | 0.06% | 8,117 | $202K | Add +0.1% |
Options reported separately and not counted above: F calls ($55K).
Portfolio Sells Q3 2025 → Q4 2025
| VXUS Vanguard Total Intl Stock | Reduce -66.6% | 1.10% | −2.17 |
| VGSH Vanguard Short-Term Treasury | Reduce -4.6% | 3.47% | −0.25 |
| GIS General Mills Inc. | Reduce -19.0% | 0.42% | −0.15 |
| CMCSA Comcast Corp. Class A | Reduce -20.9% | 0.37% | −0.13 |
| SBUX Starbucks Corp. | Reduce -16.6% | 0.50% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -20.1% | 0.52% | −0.10 |
| CL Colgate-Palmolive Co. | Reduce -19.5% | 0.34% | −0.10 |
| BMNR Bitmine Immersion Technologi | Sold out | 0.00% | −0.06 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.06 |
| USNA Usana Health Sciences Inc. | Sold out | 0.00% | −0.06 |
| ITW Illinois Tool Works | Sold out | 0.00% | −0.06 |
| HPQ HP Inc. | Reduce -6.3% | 0.17% | −0.06 |
| CALM Cal-Maine Foods Inc. | Reduce -10.9% | 0.15% | −0.05 |
| PULS Pgim Ultra Short Bond ETF | Reduce -4.0% | 0.69% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -0.2% | 0.68% | −0.05 |
| KFY Korn Ferry | Reduce -6.6% | 0.24% | −0.04 |
| META Meta Platforms Inc. Class A | Reduce -10.0% | 0.14% | −0.04 |
| IEF iShares 7-10 Year Treasury B | Reduce -2.3% | 0.69% | −0.03 |
| TGNA Tegna Inc. | Reduce -6.5% | 0.18% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -18.0% | 0.57% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -6.2% | 0.12% | −0.02 |
| COP Conocophillips | Reduce -15.7% | 0.06% | −0.01 |
| MBB iShares MBS ETF | Reduce -4.9% | 0.17% | −0.01 |
| OMC Omnicom Group | Reduce -6.9% | 0.11% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.3% | 0.41% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -13.6% | 0.07% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -4.7% | 0.18% | −0.01 |
| EXEL Exelixis Inc. | Reduce -6.8% | 0.20% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.5% | 0.08% | −0.00 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.4% | 0.18% | −0.00 |
| ALSN Allison Transmission Holding | Reduce -6.5% | 0.19% | +0.01 |
| TPR Tapestry Inc. | Reduce -6.6% | 0.46% | +0.01 |
| NXT Nextpower Inc. | Reduce -8.6% | 0.52% | +0.03 |
| FOXA Fox Corp. Class A | Reduce -5.1% | 0.41% | +0.03 |
| LLY Eli Lilly & Co. | Reduce -5.4% | 0.23% | +0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -15.4% | 1.02% | +0.06 |
| GOOG Alphabet Inc. Class C | Reduce -6.0% | 0.75% | +0.12 |
| MRK Merck & Co. Inc. | Reduce -1.7% | 0.74% | +0.13 |
| SGOL Abrdn Physical Gold Shares | Reduce -0.5% | 3.67% | +0.29 |
Portfolio Buys Q3 2025 → Q4 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +13.4% | 10.15% | +0.97 |
| NOBL Proshares S&P 500 Dividend A | Add +40.3% | 2.61% | +0.73 |
| TBIL F/M US Treasury 3 Month Bill | Add +59.7% | 1.47% | +0.53 |
| SCHW Schwab (charles) Corp. | Add +64.3% | 0.81% | +0.33 |
| AAPL Apple Inc. | Add +4.5% | 2.27% | +0.19 |
| LRCX Lam Research Corp. | Add +0.5% | 0.71% | +0.15 |
| AMGN Amgen Inc. | Add +1.5% | 0.78% | +0.10 |
| CSCO Cisco Systems Inc. | Add +1.6% | 0.88% | +0.09 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.7% | 13.08% | +0.09 |
| COF Capital One Financial Corp. | New | 0.07% | +0.07 |
| GEV GE Vernova Inc. | New | 0.06% | +0.06 |
| BA The Boeing Co. | New | 0.06% | +0.06 |
| AVAV Aerovironment Inc. | New | 0.06% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.9% | 5.03% | +0.05 |
| IBM Intl Business Machines Corp. | Add +1.4% | 1.04% | +0.04 |
| VBIL Vanguard 0-3M T-Bill ETF | Add +2.9% | 9.31% | +0.04 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +1.6% | 1.10% | +0.04 |
| AVGO Broadcom Inc. | Add +1.1% | 0.88% | +0.03 |
| PTRB Pgim Total Return Bond ETF | Add +12.0% | 0.27% | +0.02 |
| GLD SPDR Gold Shares | Add +3.1% | 0.20% | +0.02 |
| V Visa Inc. Class A | Add +1.9% | 0.80% | +0.02 |
| RIVN Rivian Automotive Inc. Class A | Add +5.1% | 0.07% | +0.02 |
| SGOV iShares 0-3 Month Treasury B | Add +3.3% | 2.08% | +0.02 |
| QCOM Qualcomm Inc. | Add +1.5% | 0.71% | +0.01 |
| CRM Salesforce Inc. | Add +2.9% | 0.11% | +0.01 |
| AMZN Amazon.com Inc. | Add +5.2% | 0.11% | +0.01 |
| MA Mastercard Inc. Class A | Add +12.4% | 0.08% | +0.01 |
| GILD Gilead Sciences Inc. | Add +2.9% | 0.07% | +0.01 |
| MDT Medtronic PLC | Add +2.2% | 0.81% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +5.6% | 0.11% | +0.00 |
| EVR Evercore Inc. Class A | Add +8.3% | 0.07% | +0.00 |
| CVX Chevron Corp. | Add +9.4% | 0.06% | +0.00 |
| SU Suncor Energy Inc. | Add +0.1% | 0.06% | +0.00 |
| MCD McDonald's Corp. | Add +1.9% | 0.71% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.9% | 0.10% | +0.00 |
| TSLA Tesla Inc. | Add +1.7% | 0.13% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +5.2% | 0.06% | −0.00 |
| NVDA Nvidia Corp. | Add +1.4% | 0.37% | −0.00 |
| T AT&T Inc. | Add +0.1% | 0.06% | −0.01 |
| VTIP Vanguard Short-Term Tips | Add +2.3% | 0.55% | −0.01 |
| ABBV Abbvie Inc. | Add +1.3% | 0.96% | −0.02 |
| LMT Lockheed Martin Corp. | Add +1.8% | 0.70% | −0.03 |
| TFLO iShares Treasury Floating Ra | Add +0.4% | 2.16% | −0.04 |
| MSFT Microsoft Corp. | Add +1.9% | 0.65% | −0.05 |
| PG The Procter & Gamble Co. | Add +0.7% | 0.63% | −0.06 |
| KR Kroger Co. | Add +1.7% | 0.82% | −0.07 |
| NTAP Netapp Inc. | Add +0.8% | 0.63% | −0.08 |
| USFR Wisdomtree Floating Rate Tre | Add +0.7% | 7.98% | −0.11 |
| ETN Eaton Corp. PLC | Add +1.6% | 0.66% | −0.12 |
| TIP iShares Tips Bond ETF | Add +0.8% | 5.09% | −0.13 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 110 | $368.6M | VTI, SGOV, VBIL, BIL, TIP |
| Q1 2026 | 94 | $351.3M | VTI, SGOV, VBIL, BIL, TIP |
| Q4 2025 | 93 | $357.1M | VTI, BIL, VBIL, USFR, TIP |
| Q3 2025 | 93 | $349.5M | VTI, VBIL, BIL, USFR, TIP |
| Q2 2025 | 88 | $344.3M | VTI, BIL, USFR, VBIL, TIP |
| Q1 2025 | 79 | $346.9M | BIL, VTI, USFR, TIP, TFLO |
| Q4 2024 | 72 | $349.7M | BIL, VTI, USFR, TFLO, TIP |
| Q3 2024 | 81 | $387.6M | BIL, VTI, USFR, SPY, TIP |
| Q2 2024Amended | 389 | $366.6M | BIL, VTI, USFR, SPY, TIP |
| Q1 2024 | 78 | $365.7M | BIL, VTI, SPY, SHY, VGSH |