Davidson Capital Management Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Davidson Capital Management Inc. reported 117 stock positions worth $462.0 million. Its top holding was Vanguard Int-Term Corporate (VCIT) at 16.4% of the portfolio, followed by Invesco S&P Midcap Momentum (XMMO, 11.7%) and Invesco S&P 500 Quality ETF (SPHQ, 10.3%). Compared with Q3 2025, it opened 39 new positions, sold out of 12, added to 35 and reduced 32. The biggest buy was a new position in SS SPDR P S&P 500 Growth ETF (SPYG) and the biggest sale Owens Corning (OC, shares −100%).

Most Recent 13F
Q2 2026
Location
CORPUS CHRISTI, TX
CIK
0001808748
Portfolio Value
$462.0M (Q4 2025)
SEC Filing
0001808748-26-000001 ↗ filed Jan 28, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $310.6M Q1 2024 Q2 2024: $324.4M Q2 2024 Q3 2024: $346.9M Q3 2024 Q4 2024: $380.0M Q4 2024 Q1 2025: $368.8M Q1 2025 Q2 2025: $416.4M Q2 2025 Q3 2025: $447.6M Q3 2025 Q4 2025: $462.0M $462.0M Q4 2025 Q1 2026: $551.9M Q1 2026 Q2 2026: $624.2M Q2 2026

Holdings 117 stocks · $462.0M
VCIT Vanguard Int-Term Corporate 16.42% 905,604 $75.8M Add +6.5%
XMMO Invesco S&P Midcap Momentum 11.66% 389,081 $53.9M Reduce 0.0%
SPHQ Invesco S&P 500 Quality ETF 10.31% 634,770 $47.6M Add +0.9%
QQQ Invesco QQQ Trust Series 1 7.11% 53,487 $32.9M Add +1.6%
VCLT Vanguard Long-Term Corp. Bond 6.94% 422,785 $32.1M Add +14.7%
RSP Invesco S&P 500 Equal Weight 6.81% 164,285 $31.5M Add +1.1%
FIX Comfort Systems USA Inc. 1.42% 7,008 $6.5M Reduce -6.6%
GOOGL Alphabet Inc. Class A 1.23% 18,228 $5.7M Reduce -3.4%
LLY Eli Lilly & Co. 1.18% 5,063 $5.4M Reduce -2.2%
SPYG SS SPDR P S&P 500 Growth ETF 1.18% 50,909 $5.4M New
VRT Vertiv Holdings Co. Class A 1.15% 32,861 $5.3M Reduce -4.0%
AMAT Applied Materials Inc. 1.13% 20,229 $5.2M Reduce -1.0%
MEDP Medpace Holdings Inc. 1.09% 8,993 $5.1M Reduce -2.1%
NVDA Nvidia Corp. 1.09% 27,010 $5.0M Reduce -0.2%
CAT Caterpillar Inc. 1.07% 8,602 $4.9M Reduce -0.8%
ENVA Enova International Inc. 1.06% 31,187 $4.9M Add +1.1%
KLAC KLA Corp. 1.05% 4,000 $4.9M Reduce -0.4%
GS Goldman Sachs Group Inc. 1.02% 5,365 $4.7M Reduce -0.2%
AVGO Broadcom Inc. 1.00% 13,376 $4.6M No change
GEV GE Vernova Inc. 0.98% 6,961 $4.5M Add +1.7%
PH Parker Hannifin Corp. 0.94% 4,942 $4.3M Add +0.5%
AAPL Apple Inc. 0.91% 15,503 $4.2M Add +0.2%
MPWR Monolithic Power Systems Inc. 0.90% 4,609 $4.2M Add +1.5%
GTLS Chart Industries Inc. 0.89% 19,882 $4.1M Reduce -0.3%
ENSG The Ensign Group Inc. 0.88% 23,337 $4.1M Add +0.3%
VRTX Vertex Pharmaceuticals Inc. 0.86% 8,759 $4.0M Reduce -0.4%
MSFT Microsoft Corp. 0.83% 7,927 $3.8M Add +2.6%
JPM JPMorgan Chase & Co. 0.82% 11,819 $3.8M Add +3.7%
AMZN Amazon.com Inc. 0.82% 16,400 $3.8M Add +2.4%
HALO Halozyme Therapeutics Inc. 0.82% 56,223 $3.8M Add +1.4%
EME Emcor Group Inc. 0.82% 6,175 $3.8M Add +2.9%
URI United Rentals Inc. 0.80% 4,573 $3.7M Add +2.6%
V Visa Inc. Class A 0.78% 10,281 $3.6M Add +4.1%
FTNT Fortinet Inc. 0.75% 43,838 $3.5M Add +1.6%
PANW Palo Alto Networks Inc. 0.74% 18,603 $3.4M Add +3.4%
INTU Intuit Inc. 0.74% 5,162 $3.4M Add +3.6%
VEEV Veeva Systems Inc. Class A 0.71% 14,687 $3.3M Add +2.2%
ADSK Autodesk Inc. 0.71% 11,030 $3.3M Add +2.8%
SYK Stryker Corp. 0.69% 9,114 $3.2M Add +4.3%
EXP Eagle Materials Inc. 0.63% 14,190 $2.9M Reduce -1.5%
HD Home Depot Inc. 0.61% 8,170 $2.8M Add +1.1%
KNSL Kinsale Capital Group Inc. 0.61% 7,155 $2.8M Add +2.6%
NOW ServiceNow Inc. 0.60% 18,104 $2.8M Add +2.8%
FANG Diamondback Energy Inc. 0.60% 18,369 $2.8M Reduce -12.2%
JEF Jefferies Financial Group Inc. 0.59% 43,719 $2.7M Reduce -21.0%
NFLX Netflix Inc. 0.58% 28,651 $2.7M Add +7.8%
SNPS Synopsys Inc. 0.52% 5,122 $2.4M Reduce -27.9%
CRM Salesforce Inc. 0.47% 8,158 $2.2M Reduce -31.9%
TXRH Texas Roadhouse Inc. 0.44% 12,330 $2.0M Reduce -29.0%
CPRT Copart Inc. 0.43% 50,184 $2.0M Reduce -18.3%
TDG Transdigm Group Inc. 0.41% 1,440 $1.9M Reduce -29.6%
OKE Oneok Inc. 0.41% 25,820 $1.9M Reduce -32.3%
DT Dynatrace Inc. 0.41% 43,764 $1.9M Reduce -31.6%
ANET Arista Networks Inc. 0.35% 12,187 $1.6M New
HUBB Hubbell Inc. 0.34% 3,527 $1.6M New
AXP American Express Co. 0.34% 4,225 $1.6M Add +11318.9%
IBKR Interactive Brokers Gro Class A 0.32% 22,965 $1.5M Add +46767.3%
APH Amphenol Corp. Class A 0.28% 9,615 $1.3M New
SPMO Invesco S&P 500 Momentum ETF 0.15% 5,860 $699K New
VGIT Vanguard Intermediate-Term T 0.14% 10,697 $641K Add +12.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.10% 645 $440K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.09% 862 $414K No change
IJR iShares Core S&P Small-Cap E 0.06% 2,384 $287K No change
UNP Union Pacific Corp. 0.05% 923 $214K No change
VTI VG Morningstar TS MKT ETF-US 0.04% 570 $191K New
DFSV Dimensional US Small Cap Val 0.01% 2,105 $69K New
NEAR iShares SH Dba ETF Usd Inc. 0.01% 1,085 $55K No change
VCSH Vanguard S/T Corp. Bond ETF 0.01% 598 $48K New
TSLA Tesla Inc. 0.01% 61 $27K Add +79.4%
ORLY O'reilly Automotive Inc. 0.00% 166 $15K Add +29.7%
BSX Boston Scientific Corp. 0.00% 130 $12K New
IRMD Iradimed Corp. 0.00% 127 $12K New
MCK McKesson Corp. 0.00% 15 $12K New
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.00% 175 $12K New
PWR Quanta Services Inc. 0.00% 29 $12K New
AEM Agnico Eagle Mines Ltd. 0.00% 72 $12K New
SCCO Southern Copper Corp. 0.00% 85 $12K New
UTHR United Therapeutics Corp. 0.00% 25 $12K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 79 $12K New
CBOE Cboe Global Markets Inc. 0.00% 48 $12K New
CME Cme Group Inc. 0.00% 44 $12K New
EXEL Exelixis Inc. 0.00% 271 $12K New
USLM United States Lime & Mineral 0.00% 99 $12K New
UFPT Ufp Technologies Inc. 0.00% 53 $12K New
MUSA Murphy USA Inc. 0.00% 23 $9K Reduce -99.6%
DUK Duke Energy Corp. 0.00% 79 $9K New
NEE Nextera Energy Inc. 0.00% 115 $9K New
AEP American Electric Power 0.00% 80 $9K Add +0.0%
VST Vistra Corp. 0.00% 57 $9K New
TER Teradyne Inc. 0.00% 45 $9K Reduce -80.2%
ISRG Intuitive Surgical Inc. 0.00% 15 $8K Reduce -37.5%
OC Owens Corning 0.00% 72 $8K Reduce -99.7%
MU Micron Technology Inc. 0.00% 26 $7K Reduce -74.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 22 $7K New
GOOG Alphabet Inc. Class C 0.00% 20 $6K Reduce -60.0%
HWM Howmet Aerospace Inc. 0.00% 30 $6K New
WMT Walmart Inc. 0.00% 55 $6K New
COST Costco Wholesale Corp. 0.00% 7 $6K New
CEG Constellation Energy 0.00% 17 $6K New
AMD Advanced Micro Devices 0.00% 23 $5K Reduce -74.2%
VIOO Vanguard S&P Small-Cap 600 E 0.00% 36 $4K Add +2.9%
ETN Eaton Corp. PLC 0.00% 10 $3K New
ECL Ecolab Inc. 0.00% 12 $3K New
MNST Monster Beverage Corp. 0.00% 40 $3K New
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.00% 75 $3K New
CCL Carnival Corp. 0.00% 100 $3K No change
MS Morgan Stanley 0.00% 17 $3K New
THC Tenet Healthcare Corp. 0.00% 15 $3K New
PFGC Performance Food Group Co. 0.00% 33 $3K New
STLD Steel Dynamics Inc. 0.00% 17 $3K New
CDNS Cadence Design SYS Inc. 0.00% 9 $3K Reduce -75.0%
QUBT Quantum Computing Inc. 0.00% 162 $2K Reduce -73.5%
IMSR Terrestrial Energy Inc. 0.00% 182 $1K New
QLD Proshares Ultra QQQ 0.00% 6 $423 No change
JOET Virtus Terranova US Qual Mom 0.00% 8 $336 No change
RIVN Rivian Automotive Inc. Class A 0.00% 6 $119 No change
FLY Firefly Aerospace Inc. 0.00% 2 $45 No change

Portfolio Sells Q3 2025 → Q4 2025
OC Owens Corning Reduce -99.7% 0.00% −0.66
FISV Fiserv Inc. Sold out 0.00% −0.61
MUSA Murphy USA Inc. Reduce -99.6% 0.00% −0.56
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.51
DT Dynatrace Inc. Reduce -31.6% 0.41% −0.28
SNPS Synopsys Inc. Reduce -27.9% 0.52% −0.26
JEF Jefferies Financial Group Inc. Reduce -21.0% 0.59% −0.22
OKE Oneok Inc. Reduce -32.3% 0.41% −0.21
TXRH Texas Roadhouse Inc. Reduce -29.0% 0.44% −0.20
CPRT Copart Inc. Reduce -18.3% 0.43% −0.19
TDG Transdigm Group Inc. Reduce -29.6% 0.41% −0.19
CRM Salesforce Inc. Reduce -31.9% 0.47% −0.17
EXP Eagle Materials Inc. Reduce -1.5% 0.63% −0.12
XMMO Invesco S&P Midcap Momentum Reduce 0.0% 11.66% −0.09
FANG Diamondback Energy Inc. Reduce -12.2% 0.60% −0.07
NVDA Nvidia Corp. Reduce -0.2% 1.09% −0.04
TER Teradyne Inc. Reduce -80.2% 0.00% −0.01
GTLS Chart Industries Inc. Reduce -0.3% 0.89% −0.00
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −0.00
LRCX Lam Research Corp. Sold out 0.00% −0.00
MANH Manhattan Associates Inc. Sold out 0.00% −0.00
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.00
CB Chubb Ltd. Sold out 0.00% −0.00
META Meta Platforms Inc. Class A Sold out 0.00% −0.00
ADBE Adobe Inc. Sold out 0.00% −0.00
AMD Advanced Micro Devices Reduce -74.2% 0.00% −0.00
CDNS Cadence Design SYS Inc. Reduce -75.0% 0.00% −0.00
MU Micron Technology Inc. Reduce -74.3% 0.00% −0.00
QUBT Quantum Computing Inc. Reduce -73.5% 0.00% −0.00
VRT Vertiv Holdings Co. Class A Reduce -4.0% 1.15% −0.00
LULU Lululemon Athletica Inc. Sold out 0.00% −0.00
GOOG Alphabet Inc. Class C Reduce -60.0% 0.00% −0.00
NOTVQ Inotiv Inc. Sold out 0.00% −0.00
RKLB Rocket Lab Corp. Sold out 0.00% −0.00
ISRG Intuitive Surgical Inc. Reduce -37.5% 0.00% −0.00
FIX Comfort Systems USA Inc. Reduce -6.6% 1.42% +0.03
MEDP Medpace Holdings Inc. Reduce -2.1% 1.09% +0.04
GS Goldman Sachs Group Inc. Reduce -0.2% 1.02% +0.06
KLAC KLA Corp. Reduce -0.4% 1.05% +0.08
VRTX Vertex Pharmaceuticals Inc. Reduce -0.4% 0.86% +0.09
CAT Caterpillar Inc. Reduce -0.8% 1.07% +0.14
AMAT Applied Materials Inc. Reduce -1.0% 1.13% +0.19
GOOGL Alphabet Inc. Class A Reduce -3.4% 1.23% +0.21
LLY Eli Lilly & Co. Reduce -2.2% 1.18% +0.30

Portfolio Buys Q3 2025 → Q4 2025
SPYG SS SPDR P S&P 500 Growth ETF New 1.18% +1.18
VCLT Vanguard Long-Term Corp. Bond Add +14.7% 6.94% +0.55
VCIT Vanguard Int-Term Corporate Add +6.5% 16.42% +0.43
ANET Arista Networks Inc. New 0.35% +0.35
HUBB Hubbell Inc. New 0.34% +0.34
AXP American Express Co. Add +11318.9% 0.34% +0.34
IBKR Interactive Brokers Gro Class A Add +46767.3% 0.32% +0.32
APH Amphenol Corp. Class A New 0.28% +0.28
ENVA Enova International Inc. Add +1.1% 1.06% +0.27
SPMO Invesco S&P 500 Momentum ETF New 0.15% +0.15
PH Parker Hannifin Corp. Add +0.5% 0.94% +0.11
QQQ Invesco QQQ Trust Series 1 Add +1.6% 7.11% +0.05
GEV GE Vernova Inc. Add +1.7% 0.98% +0.04
VTI VG Morningstar TS MKT ETF-US New 0.04% +0.04
AMZN Amazon.com Inc. Add +2.4% 0.82% +0.03
AAPL Apple Inc. Add +0.2% 0.91% +0.03
V Visa Inc. Class A Add +4.1% 0.78% +0.03
JPM JPMorgan Chase & Co. Add +3.7% 0.82% +0.02
DFSV Dimensional US Small Cap Val New 0.01% +0.01
VGIT Vanguard Intermediate-Term T Add +12.4% 0.14% +0.01
VCSH Vanguard S/T Corp. Bond ETF New 0.01% +0.01
SPHQ Invesco S&P 500 Quality ETF Add +0.9% 10.31% +0.01
WRB WR Berkley Corp. New 0.00% +0.00
BSX Boston Scientific Corp. New 0.00% +0.00
IRMD Iradimed Corp. New 0.00% +0.00
MCK McKesson Corp. New 0.00% +0.00
AEM Agnico Eagle Mines Ltd. New 0.00% +0.00
CBOE Cboe Global Markets Inc. New 0.00% +0.00
CME Cme Group Inc. New 0.00% +0.00
EXEL Exelixis Inc. New 0.00% +0.00
PWR Quanta Services Inc. New 0.00% +0.00
SCCO Southern Copper Corp. New 0.00% +0.00
TJX TJX Companies Inc. New 0.00% +0.00
TSLA Tesla Inc. Add +79.4% 0.01% +0.00
USLM United States Lime & Mineral New 0.00% +0.00
UTHR United Therapeutics Corp. New 0.00% +0.00
UFPT Ufp Technologies Inc. New 0.00% +0.00
AEP American Electric Power Add +0.0% 0.00% +0.00
DUK Duke Energy Corp. New 0.00% +0.00
NEE Nextera Energy Inc. New 0.00% +0.00
VST Vistra Corp. New 0.00% +0.00
IBM Intl Business Machines Corp. New 0.00% +0.00
CEG Constellation Energy New 0.00% +0.00
COST Costco Wholesale Corp. New 0.00% +0.00
HWM Howmet Aerospace Inc. New 0.00% +0.00
WMT Walmart Inc. New 0.00% +0.00
ECL Ecolab Inc. New 0.00% +0.00
MNST Monster Beverage Corp. New 0.00% +0.00
MS Morgan Stanley New 0.00% +0.00
NMIH Nmi Holdings Inc. New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 96$624.2MVCIT, VCLT, SPMO, DGRO, VCSH
Q1 2026 93$551.9MVCIT, VCLT, SPMO, VCSH, DGRO
Q4 2025 117$462.0MVCIT, XMMO, SPHQ, QQQ, VCLT
Q3 2025 89$447.6MVCIT, XMMO, SPHQ, QQQ, RSP
Q2 2025 78$416.4MVCIT, XMMO, SPHQ, RSP, QQQ
Q1 2025 82$368.8MVCIT, SPHQ, XMMO, RSP, QQQ
Q4 2024 84$380.0MVCIT, SPHQ, SPYM, QQQ, MOAT
Q3 2024 81$346.9MVCIT, SPHQ, SPYM, QQQ, MOAT
Q2 2024 82$324.4MSPHQ, VCIT, SPYM, QQQ, MOAT
Q1 2024 94$310.6MMOAT, SPYM, VCIT, SPHQ, QQQ