FWL Investment Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), FWL Investment Management, LLC reported 365 stock positions worth $415.7 million. Its top holding was Alphabet Class C (GOOG) at 5.7% of the portfolio, followed by Vaneck Gold Miners ETF (GDX, 5.2%) and Alerian MLP ETF (AMLP, 4.4%). Compared with Q3 2025, it opened 68 new positions, sold out of 35, added to 107 and reduced 59. The biggest buy was GE Healthcare Technology (GEHC, shares +2225660%) and the biggest sale Oracle (ORCL, shares −11%).

Most Recent 13F
Q2 2026
Location
Dallas, TX
CIK
0001829231
Portfolio Value
$415.7M (Q4 2025)
SEC Filing
0001999371-26-003378 ↗ filed Feb 17, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $181.5M Q1 2024 Q2 2024: $198.3M Q2 2024 Q3 2024: $261.1M Q3 2024 Q4 2024: $274.8M Q4 2024 Q1 2025: $269.2M Q1 2025 Q2 2025: $326.8M Q2 2025 Q3 2025: $383.6M Q3 2025 Q4 2025: $415.7M $415.7M Q4 2025 Q1 2026: $455.6M Q1 2026 Q2 2026: $544.7M Q2 2026

Holdings 365 stocks · $415.7M

GOOG Alphabet Inc. Class C 5.66% 74,967 $23.5M Reduce -2.2%
GDX Vaneck Gold Miners ETF 5.17% 250,389 $21.5M Reduce -5.0%
AMLP Alerian MLP ETF 4.44% 392,396 $18.5M Add +15.1%
MSFT Microsoft Corp. 4.35% 37,349 $18.1M Add +12.7%
GLD SPDR Gold Shares 4.21% 44,176 $17.5M Add +0.9%
LNG Cheniere Energy Inc. 4.04% 86,286 $16.8M Add +17.1%
NVDA Nvidia Corp. 3.92% 87,333 $16.3M Add +8.0%
MU Micron Technology Inc. 3.82% 55,665 $15.9M Reduce -8.3%
BIL SS SPDR BB 1-3M T-Bill ETF 3.54% 161,112 $14.7M Add +22.3%
WMB Williams Cos Inc. 3.38% 233,833 $14.1M Add +14.8%
CCJ Cameco Corp. 3.37% 153,047 $14.0M Add +2.4%
AGNC AGNC Investment Corp. 3.23% 1,253,847 $13.4M Add +28.4%
ORCL Oracle Corp. 2.91% 61,965 $12.1M Reduce -10.6%
COPX Global X Copper Miners ETF 2.71% 156,889 $11.3M Add +109.8%
CACI Caci International Inc. Class A 2.66% 20,734 $11.0M Add +8.0%
ETN Eaton Corp. PLC 2.63% 34,327 $10.9M Reduce -8.8%
IBN Icici Bank Ltd.-Spon ADR 2.47% 343,892 $10.2M Add +10.9%
MDT Medtronic PLC 2.45% 105,899 $10.2M Add +10.8%
ETR Entergy Corp. 2.30% 103,364 $9.6M Add +11.5%
GEHC GE Healthcare Technology 2.20% 111,288 $9.1M Add +2225660.0%
IREN Iren Ltd. filed as IREN LIMITED 2.16% 237,859 $9.0M Reduce -0.9%
AAPL Apple Inc. 1.64% 25,017 $6.8M Add +1.9%
AMZN Amazon.com Inc. 1.44% 26,012 $6.0M Reduce -50.6%
SCHW Schwab (charles) Corp. 1.23% 51,032 $5.1M Add +17.6%
JPM JPMorgan Chase & Co. 1.10% 14,176 $4.6M Add +2.1%
TEM Tempus AI Inc. Class A 1.09% 76,843 $4.5M Reduce -7.0%
VRT Vertiv Holdings Co. Class A 0.99% 25,438 $4.1M Reduce -10.2%
EWY iShares MSCI South Korea ETF 0.98% 41,748 $4.1M New
BRK.B Berkshire Hathaway Inc. Class B 0.97% 8,052 $4.0M Add +0.3%
NVT Nvent Electric PLC 0.93% 37,970 $3.9M Reduce -29.0%
WMT Walmart Inc. 0.89% 33,263 $3.7M Add +0.9%
TSLA Tesla Inc. 0.87% 8,046 $3.6M Add +19.8%
KTOS Kratos Defense & Security 0.75% 41,232 $3.1M Add +20.6%
PLTR Palantir Technologies Inc. Class A 0.71% 16,549 $2.9M Add +10.9%
QQQ Invesco QQQ Trust Series 1 0.65% 4,423 $2.7M Reduce -6.2%
QCOM Qualcomm Inc. 0.65% 15,875 $2.7M Add +15935.4%
URA Global X Uranium ETF 0.63% 61,214 $2.6M Add +20.9%
COST Costco Wholesale Corp. 0.63% 3,021 $2.6M Reduce -1.1%
HD Home Depot Inc. 0.58% 6,958 $2.4M Reduce -4.6%
GOOGL Alphabet Inc. Class A 0.55% 7,245 $2.3M Add +13.1%
IAU iShares Gold Trust 0.49% 24,966 $2.0M Reduce -1.0%
LSTR Landstar System Inc. 0.46% 13,212 $1.9M New
V Visa Inc. Class A 0.45% 5,341 $1.9M Add +1.6%
GD General Dynamics Corp. 0.44% 5,432 $1.8M Reduce -1.3%
QTEC First Trust Nasdq 100 Tech I 0.41% 7,463 $1.7M Add +1.5%
META Meta Platforms Inc. Class A 0.40% 2,500 $1.7M Add +33.2%
GS Goldman Sachs Group Inc. 0.36% 1,721 $1.5M Add +18.9%
AMGN Amgen Inc. 0.36% 4,559 $1.5M Reduce -2.0%
IWF iShares Russell 1000 Growth 0.34% 2,975 $1.4M No change
FPEI First Trust Institutional PR 0.33% 71,095 $1.4M Reduce -2.8%
AGI Alamos Gold Inc. Class A 0.30% 32,641 $1.3M Reduce -26.6%
CYBR Cyberark Software Ltd./Israel 0.30% 2,787 $1.2M Reduce -7.4%
APD Air Products & Chemicals Inc. 0.30% 4,967 $1.2M Reduce -4.6%
SHY iShares 1-3 Year Treasury Bo 0.25% 12,485 $1.0M Reduce -0.1%
MLPA Global X MLP ETF 0.25% 21,353 $1.0M Add +340.9%
IVV iShares Core S&P 500 ETF 0.25% 1,503 $1.0M Reduce -0.1%
CVX Chevron Corp. 0.24% 6,677 $1.0M Add +14.4%
QQQM Invesco Nasdaq 100 ETF 0.21% 3,428 $867K Add +0.3%
NLY Annaly Capital Management Inc. 0.21% 38,619 $864K Add +1.8%
PFF iShares Preferred & Income S 0.16% 21,525 $666K Add +19.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.15% 14,433 $616K Add +1.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.14% 1,200 $585K No change
COWZ Pacer US Cash Cows 100 ETF 0.14% 9,376 $564K Add +24.5%
VGT Vanguard Info Tech ETF 0.13% 697 $525K No change
GRID First TRST Nasd Class Edg Sgiif 0.13% 3,409 $522K Add +63.3%
AVGO Broadcom Inc. 0.12% 1,456 $504K Add +17.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.10% 2,278 $435K Reduce -3.0%
ONEQ Fidelity Nasdaq Comp Indx 0.10% 4,646 $425K Reduce -0.7%
SKYY First Trust Cloud Computing 0.08% 2,523 $328K Add +13.8%
EDV Vanguard Extended Dur Treas 0.07% 4,761 $310K Add +19.9%
SIL Global X Silver Miners ETF 0.07% 3,535 $295K Add +0.6%
MMM 3M Co. 0.07% 1,805 $289K No change
REM iShares Mortgage Real Estate 0.07% 12,846 $285K Add +15.6%
AGG iShares Core U.S. Aggregate 0.07% 2,848 $284K Add +41.5%
FQAL Fidelity Quality Factor ETF 0.07% 3,678 $278K Reduce -0.2%
ABBV Abbvie Inc. 0.07% 1,189 $272K Add +18.1%
QUAL iShares MSCI USA Quality Fac 0.06% 1,357 $270K Reduce -6.1%
XLK SS Technology Select Sector 0.06% 1,754 $253K Reduce -2.2%
INDA iShares MSCI India ETF 0.06% 4,292 $232K Add +699.3%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.05% 8,500 $225K No change
COF Capital One Financial Corp. 0.05% 922 $223K No change
TOTL SS Doubleline TR Tact ETF 0.05% 5,480 $221K Add +14.8%
LLY Eli Lilly & Co. 0.05% 205 $220K Add +25.8%
XAR SS SPDR S&P Aerospace Def 0.05% 912 $220K Add +8.1%
DGRO iShares Core Dividend Growth 0.05% 3,058 $212K Reduce -4.3%
VONG Vanguard Russell 1000 Growth 0.05% 1,600 $195K No change
EPI Wisdomtree India Earnings 0.05% 4,113 $190K Add +19.0%
SCHX Schwab US Large-Cap ETF 0.05% 7,050 $190K No change
CSCO Cisco Systems Inc. 0.05% 2,459 $189K Add +22.9%
HACK Amplify Cybersecurity ETF 0.04% 2,160 $174K Add +15.8%
EWJ iShares MSCI Japan ETF 0.04% 2,113 $171K Add +11.6%
PAVE Global X US Infrastructure 0.04% 3,410 $163K Add +13.8%
AXP American Express Co. 0.04% 438 $162K Add +31.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 237 $162K No change
KMI Kinder Morgan Inc. 0.04% 5,500 $151K No change
MLPX Global X MLP & Energy Infras 0.04% 2,465 $149K Add +59.0%
IYF iShares US Financials ETF 0.04% 1,148 $148K No change
MRK Merck & Co. Inc. 0.04% 1,395 $147K Add +3000.0%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.03% 518 $145K No change
FTCS First Trust Capital Strength 0.03% 1,519 $141K Reduce -9.0%
NEE Nextera Energy Inc. 0.03% 1,695 $136K No change
PWR Quanta Services Inc. 0.03% 302 $127K Reduce -5.6%
FLNC Fluence Energy Inc. 0.03% 6,315 $125K Reduce -68.8%
XOM Exxon Mobil Corp. 0.03% 1,033 $124K Add +40.4%
UBER Uber Technologies Inc. 0.03% 1,507 $123K Add +25.3%
ARKG ARK Genomic Revolution ETF 0.03% 4,234 $123K Add +30.7%
SOXQ Invesco PHLX Semiconductor 0.03% 2,161 $121K Add +9.0%
TSM Taiwan Semiconductor-SP ADR 0.03% 396 $120K Add +17.2%
OKE Oneok Inc. 0.03% 1,615 $119K Reduce -41.3%
VCR Vanguard Consumer Discre ETF 0.03% 297 $117K No change
GLDM SPDR Gold Minishares Trust 0.03% 1,331 $114K Reduce -13.3%
VTI VG Morningstar TS MKT ETF-US 0.03% 338 $113K Add +120.9%
JNJ Johnson & Johnson 0.03% 541 $112K Add +48.6%
SHYG iShares 0-5 YR HY Corp. Bond 0.03% 2,604 $112K Add +15.0%
IAI iShares U.S. Broker-Dealers 0.03% 603 $108K Add +22.6%
AMT American Tower Corp. 0.03% 606 $106K No change
TLT iShares 20+ Year Treasury BD 0.03% 1,200 $105K Add +92.0%
IMTM iShares MSCI Intl Momentum F 0.02% 2,116 $101K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.02% 1,375 $96K No change
CMS CMS Energy Corp. 0.02% 1,350 $94K No change
AMD Advanced Micro Devices 0.02% 436 $93K Add +17.2%
SYK Stryker Corp. 0.02% 261 $92K Add +45.0%
SPYM Ste STR SPDR PT S&P 500 ETF 0.02% 1,097 $88K New
D Dominion Energy Inc. 0.02% 1,490 $87K Reduce -36.9%
ICE Intercontinental Exchange Inc. 0.02% 535 $87K No change
VEA Vanguard Ftse Developed ETF 0.02% 1,380 $86K New
SDY SS SPDR S&P Dividend ETF 0.02% 593 $83K Reduce -3.7%
SSO Proshares Ultra S&P500 0.02% 1,400 $81K New
MA Mastercard Inc. Class A 0.02% 138 $79K Add +16.0%
FDN First Trust DJ Internet Ind 0.02% 291 $78K Reduce -6.4%
XLY SS Consumer Disc Select Sect 0.02% 642 $77K Add +21.1%
NN Nextnav Inc. 0.02% 4,585 $76K No change
VOO Vanguard S&P 500 ETF 0.02% 120 $75K No change
KSA Ishrs MSCI Saudi Arabia ETF 0.02% 2,000 $73K New
VFH Vanguard Financials ETF 0.02% 544 $73K No change
SGDM Sprott Gold Miners ETF 0.02% 1,000 $70K No change
PLD Prologis Inc. 0.02% 542 $69K Add +69.4%
PEP Pepsico Inc. 0.02% 478 $69K No change
UTHR United Therapeutics Corp. 0.02% 140 $68K Add +233.3%
TDG Transdigm Group Inc. 0.02% 50 $66K No change
IJR iShares Core S&P Small-Cap E 0.02% 536 $64K No change
FLKR Franklin Ftse South Korea 0.02% 2,000 $64K New
WGMI CS BTC Min Dig PWR ETF 0.02% 1,637 $63K Add +0.4%
T AT&T Inc. 0.01% 2,515 $62K Add +34.2%
VGLT Vanguard Long-Term Treasury 0.01% 1,099 $61K Reduce -12.4%
DUK Duke Energy Corp. 0.01% 495 $58K Add +34.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 194 $57K Add +84.8%
ARKQ ARK Autonomous Tech & Robot 0.01% 494 $57K Add +13.0%
ISRG Intuitive Surgical Inc. 0.01% 97 $55K New
SO The Southern Co. 0.01% 628 $55K Add +79.4%
GE General Electric filed as GE AEROSPACE 0.01% 177 $55K Add +420.6%
ICLN iShares Global Clean Energy 0.01% 3,310 $54K No change
RTX RTX Corp. 0.01% 294 $54K Add +131.5%
XYL Xylem Inc. 0.01% 379 $52K No change
LOW Lowe's Cos Inc. 0.01% 213 $51K No change
ARES Ares Management Corp. Class A 0.01% 315 $51K New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.01% 458 $50K Add +3.4%
MTUM iShares MSCI USA Momentum Fa 0.01% 200 $50K No change
NFLX Netflix Inc. 0.01% 530 $50K Add +3.9%
CRWD CrowdStrike Holdings Inc. Class A 0.01% 106 $50K Add +265.5%
NET Cloudflare Inc. Class A 0.01% 252 $50K New
IGV iShares Expanded Tech-Softwa 0.01% 468 $49K Add +11.2%
PH Parker Hannifin Corp. 0.01% 55 $48K Add +129.2%
SHOP Shopify Inc. Class A 0.01% 300 $48K No change
MS Morgan Stanley 0.01% 270 $48K Add +291.3%
RSPT Invesco S&P 500 Equal Weight 0.01% 1,000 $46K No change
URI United Rentals Inc. 0.01% 56 $45K No change
NLR Vaneck Urani & Nuclr ETF-Usd 0.01% 362 $45K New
CRH CRH PLC 0.01% 356 $44K New
SFM Sprouts Farmers Market Inc. 0.01% 545 $43K Add +27.9%
CTAS Cintas Corp. 0.01% 224 $42K Add +30.2%
SPYV SS SPDR P S&P 500 Value ETF 0.01% 735 $42K No change
IYC iShares US Consumer Discreti 0.01% 400 $41K No change
SDVY First Trust Smid Cap Rising 0.01% 1,051 $40K Reduce -0.1%
IHI iShares U.S. Medical Devices 0.01% 626 $39K Add +37.3%
KBE SS SPDR S&P Bank ETF 0.01% 635 $39K Add +19.4%
CEG Constellation Energy 0.01% 109 $39K Add +118.0%
BA The Boeing Co. 0.01% 177 $38K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 696 $38K New
AMAT Applied Materials Inc. 0.01% 148 $38K Add +32.1%
CMI Cummins Inc. 0.01% 74 $38K New
FNDX Schwab Fndmntl US LRG Co. ETF 0.01% 1,384 $38K Reduce -14.2%
EW Edwards Lifesciences Corp. 0.01% 440 $38K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 35 $37K No change
MBSF Regan Floating Rate MBS ETF 0.01% 1,430 $37K No change
MELI MercadoLibre Inc. 0.01% 18 $36K Reduce -18.2%
SNOW Snowflake Inc. 0.01% 161 $35K Add +242.6%
VWO Vanguard Ftse Emerging Marke 0.01% 653 $35K Add +234.9%
VST Vistra Corp. 0.01% 213 $34K New
OEF iShares S&P 100 ETF 0.01% 100 $34K No change
PFG Principal Financial Group 0.01% 380 $34K No change
PAGP Plains GP Holdings LP 0.01% 1,740 $33K Reduce -96.1%
WFC Wells Fargo & Co. 0.01% 355 $33K New
IWM iShares Russell 2000 ETF 0.01% 132 $32K No change
DWAS Invesco Dorsey Wright Smallc 0.01% 332 $32K No change
VZ Verizon Communications Inc. 0.01% 742 $30K Add +50.5%
MCK McKesson Corp. 0.01% 36 $30K New
LDOS Leidos Holdings Inc. 0.01% 163 $29K New
CDNS Cadence Design SYS Inc. 0.01% 91 $28K No change
ACN Accenture PLC Class A 0.01% 106 $28K New
MP MP Materials Corp. 0.01% 555 $28K Reduce -62.2%
WM Waste Management Inc. 0.01% 124 $27K New
POOL Pool Corp. 0.01% 115 $26K No change
FSLR First Solar Inc. 0.01% 100 $26K No change
TMO Thermo Fisher Scientific Inc. 0.01% 45 $26K No change
UNH Unitedhealth Group Inc. 0.01% 76 $25K New
ITW Illinois Tool Works 0.01% 100 $25K No change
DHR Danaher Corp. 0.01% 107 $24K Add +118.4%
VGSH Vanguard Short-Term Treasury 0.01% 414 $24K No change
NRG NRG Energy Inc. 0.01% 152 $24K New
HLI Houlihan Lokey Inc. 0.01% 138 $24K No change
HIG Hartford Insurance Group Inc. 0.01% 170 $23K New
IWV iShares Russell 3000 ETF 0.01% 60 $23K No change
PANW Palo Alto Networks Inc. 0.01% 120 $22K No change
EMR Emerson Electric Co. 0.01% 165 $22K No change
IYK iShares US Consumer Staples 0.00% 300 $20K No change
AFL Aflac Inc. 0.00% 177 $20K New
HWM Howmet Aerospace Inc. 0.00% 94 $19K No change
GNRC Generac Holdings Inc. 0.00% 140 $19K No change
STRL Sterling Infrastructure Inc. 0.00% 62 $19K New
KGC Kinross Gold Corp. 0.00% 669 $19K No change
CB Chubb Ltd. 0.00% 60 $19K New
PM Philip Morris International 0.00% 115 $18K Add +187.5%
MCD McDonald's Corp. 0.00% 60 $18K Add +100.0%
SHAK Shake Shack Inc. Class A 0.00% 225 $18K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.00% 314 $18K New
FITB Fifth Third Bancorp 0.00% 386 $18K New
INFY Infosys Ltd.-SP ADR 0.00% 1,003 $18K No change
VNQ Vanguard Real Estate ETF 0.00% 200 $18K No change
XHE SS SPDR S&P HC Equip ETF 0.00% 200 $18K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.00% 213 $18K No change
FCG First Trust Natural Gas ETF 0.00% 745 $17K Add +115.9%
KO The Coca-Cola Co. 0.00% 248 $17K New
BBVA Banco Bilbao Vizcaya-SP ADR 0.00% 743 $17K New
COP Conocophillips 0.00% 178 $17K No change
JPST JPMorgan Ultra-Short Income 0.00% 322 $16K Add +38.8%
BX Blackstone Inc. 0.00% 105 $16K No change
ANET Arista Networks Inc. 0.00% 123 $16K Add +46.4%
QUBT Quantum Computing Inc. 0.00% 1,500 $15K Reduce -11.8%
AZN Astrazeneca PLC-Spons ADR 0.00% 165 $15K New
ADP Automatic Data Processing 0.00% 58 $15K New
EMXC iShares MSCI Emr MRK Ex Chna 0.00% 198 $14K No change
WSM Williams-Sonoma Inc. 0.00% 79 $14K New
CBOE Cboe Global Markets Inc. 0.00% 56 $14K New
BNDX Vanguard Total Intl Bond ETF 0.00% 288 $14K New
SPSM SS SPDR P S&P 600 Small Cap 0.00% 295 $14K New
QBTS D-Wave Quantum Inc. 0.00% 525 $14K No change
ARM Arm Holdings PLC-ADR 0.00% 125 $14K No change
VRTX Vertex Pharmaceuticals Inc. 0.00% 30 $14K No change
DG Dollar General Corp. 0.00% 100 $13K Reduce -9.1%
INTU Intuit Inc. 0.00% 20 $13K Add +300.0%
EMB iShares JP Morgan Usd Emergi 0.00% 137 $13K New
TLN Talen Energy Corp. 0.00% 35 $13K New
GEV GE Vernova Inc. 0.00% 20 $13K Add +566.7%
BFST Business First Bancshares 0.00% 500 $13K Reduce -71.6%
SPGI S&P Global Inc. 0.00% 25 $13K Reduce -41.9%
GFI Gold Fields Ltd.-Spons ADR 0.00% 297 $13K New
FN Fabrinet 0.00% 28 $13K New
RSP Invesco S&P 500 Equal Weight 0.00% 65 $12K No change
ALNY Alnylam Pharmaceuticals Inc. 0.00% 31 $12K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.00% 230 $12K No change
SANM Sanmina Corp. 0.00% 81 $12K No change
CRM Salesforce Inc. 0.00% 45 $12K Reduce -84.9%
BLK BlackRock Inc. 0.00% 11 $12K Add +37.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 102 $12K New
LIN Linde PLC 0.00% 27 $12K New
ROP Roper Technologies Inc. 0.00% 25 $11K No change
EMBJ Embraer SA-Spon ADR 0.00% 171 $11K No change
SAN Banco Santander SA-Spon ADR 0.00% 919 $11K Reduce -53.1%
SPG Simon Property Group Inc. 0.00% 58 $11K New
BKNG Booking Holdings Inc. 0.00% 2 $11K No change
TEL Te Connectivity PLC 0.00% 47 $11K New
DDOG Datadog Inc. Class A 0.00% 78 $11K No change
CLOI Vaneck Clo ETF 0.00% 200 $11K Reduce -7.4%
SMFG Sumitomo Mitsui-Spons ADR 0.00% 538 $10K Reduce -76.7%
XLE SS Energy Select Sector 0.00% 220 $10K No change
TT Trane Technologies PLC 0.00% 25 $10K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.00% 213 $10K No change
EFA iShares MSCI Eafe ETF 0.00% 100 $10K No change
STWD Starwood Property Trust Inc. 0.00% 500 $9K No change
APO Apollo Global Management Inc. 0.00% 62 $9K New
BSX Boston Scientific Corp. 0.00% 93 $9K Reduce -48.3%
XBI SS SPDR S&P Biotech ETF 0.00% 72 $9K No change
IBB iShares Biotechnology ETF 0.00% 52 $9K No change
RCL Royal Caribbean Cruises Ltd. 0.00% 31 $9K No change
DB Deutsche Bank AG-Registered 0.00% 223 $9K No change
SCCO Southern Copper Corp. 0.00% 60 $9K No change
CLS Celestica Inc. 0.00% 29 $9K New
NOC Northrop Grumman Corp. 0.00% 15 $9K No change
CAH Cardinal Health Inc. 0.00% 40 $8K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 48 $7K New
TKO Tko Group Holdings Inc. 0.00% 35 $7K No change
JMOM JPMorgan US Momentum Factor 0.00% 107 $7K No change
IHE iShares US Pharmaceuticals E 0.00% 84 $7K No change
EG Everest Group Ltd. 0.00% 21 $7K No change
CELH Celsius Holdings Inc. 0.00% 154 $7K New
AVLV Avantis US Large Cap Value 0.00% 89 $7K No change
EME Emcor Group Inc. 0.00% 11 $7K New
SPDW Ste STR SPDR PT DW Eu ETF 0.00% 151 $7K No change
UBS UBS Group AG-Reg 0.00% 143 $7K Reduce -34.7%
COR Cencora Inc. 0.00% 19 $6K Reduce -52.5%
CLOU Global X Cloud Computing ETF 0.00% 280 $6K No change
XDEC FT Vest US Equity Enhance & 0.00% 150 $6K No change
IUSG iShares Core S&P U.S. Growth 0.00% 36 $6K No change
FOXA Fox Corp. Class A 0.00% 81 $6K Reduce -80.5%
IDCC Interdigital Inc. 0.00% 18 $6K No change
TD Toronto-Dominion Bank 0.00% 56 $5K New
ITOT iShares Core S&P Total U.S. 0.00% 34 $5K New
ENSG The Ensign Group Inc. 0.00% 29 $5K New
CW Curtiss-Wright Corp. 0.00% 9 $5K New
RY Royal Bank of Canada 0.00% 29 $5K New
AVDE Avantis International Equity 0.00% 59 $5K No change
VTR Ventas Inc. 0.00% 62 $5K New
NVS Novartis AG-Sponsored ADR 0.00% 34 $5K New
SPHQ Invesco S&P 500 Quality ETF 0.00% 62 $5K No change
SMTH Alps SMTH Cor BD Plus ETF 0.00% 178 $5K No change
XLV SS Health Care Select Sector 0.00% 30 $5K No change
STIP iShares 0-5 Year Tips Bond E 0.00% 45 $5K New
ABT Abbott Laboratories 0.00% 34 $4K No change
OSIS Osi Systems Inc. 0.00% 16 $4K New
AYI Acuity Inc. 0.00% 11 $4K New
RL Ralph Lauren Corp. 0.00% 11 $4K New
FEZ State Street SPDR Euro Stoxx 0.00% 60 $4K No change
EQIX Equinix Inc. 0.00% 5 $4K No change
URTH iShares MSCI World ETF 0.00% 20 $4K No change
BSM Black Stone Minerals LP 0.00% 285 $4K No change
MDYV SS SPDR S&P 400 MC Val ETF 0.00% 45 $4K No change
IWR iShares Russell Mid-Cap ETF 0.00% 39 $4K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.00% 17 $4K No change
CHKP Check Point Software Tech 0.00% 18 $3K Reduce -66.0%
WBD Warner Bros Discovery Inc. 0.00% 109 $3K New
CCL Carnival Corp. 0.00% 100 $3K No change
IWS iShares Russell Mid-Cap Valu 0.00% 18 $3K No change
BABA Alibaba Group Holding-SP ADR 0.00% 17 $2K New
NCLH Norwegian Cruise Line Holdin 0.00% 100 $2K No change
SOXX iShares Semiconductor ETF 0.00% 7 $2K No change
USMV iShares MSCI USA Min Vol Fac 0.00% 22 $2K No change
UYLD Angel Oak Ultrashort Income 0.00% 38 $2K No change
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.00% 20 $2K No change
SLV iShares Silver Trust 0.00% 29 $2K New
FTSD Franklin Short Duration U.S. 0.00% 21 $2K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.00% 17 $2K No change
VLTO Veralto Corp. 0.00% 16 $2K No change
SPSB SS SPDR P St C Corp. ETF 0.00% 52 $2K No change
SLYV SS SPDR S&P 600 SC Val ETF 0.00% 17 $2K No change
IFN Aberdeen India Fund Inc. 0.00% 110 $2K Add +22.2%
NATL NCR Atleos Corp. 0.00% 35 $1K No change
CORZ Core Scientific Inc. 0.00% 80 $1K Reduce -99.6%
MBB iShares MBS ETF 0.00% 11 $1K No change
SJNK SS SPDR BB St Hi Yield ETF 0.00% 39 $987 No change
TER Teradyne Inc. 0.00% 5 $968 New
FLIA Franklin International Aggre 0.00% 47 $953 No change
ROBT First Trust Nasdaq Artificia 0.00% 15 $778 No change
FCX Freeport-McMoran Inc. 0.00% 10 $508 No change
VOD Vodafone Group PLC-SP ADR 0.00% 33 $436 No change
BMNR Bitmine Immersion Technologi 0.00% 15 $407 Reduce -100.0%
BBCB JPMorgan Betabuilders Usd Inc. 0.00% 7 $321 Add +133.3%
VTIP Vanguard Short-Term Tips 0.00% 6 $297 New
VWOB Vanguard Emerg MKTS Gov BND 0.00% 4 $270 New
CRCL Circle Internet Group Inc. 0.00% 3 $238 No change
RXRX Recursion Pharmaceuticals-A 0.00% 55 $225 Reduce -93.1%
KVUE Kenvue Inc. 0.00% 8 $138 No change
LUMN Lumen Technologies Inc. 0.00% 7 $54 No change
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.00% 1 $47 New
XLF SS Financial Select Sector 0.00% 1 $46 Reduce -99.7%

Portfolio Sells Q3 2025 → Q4 2025

ORCL Oracle Corp. Reduce -10.6% 2.91% −2.18
AMZN Amazon.com Inc. Reduce -50.6% 1.44% −1.57
ETN Eaton Corp. PLC Reduce -8.8% 2.63% −1.04
FLG Flagstar Bank NA Sold out 0.00% −0.97
IREN Iren Ltd. Reduce -0.9% 2.16% −0.77
TEM Tempus AI Inc. Class A Reduce -7.0% 1.09% −0.65
NVT Nvent Electric PLC Reduce -29.0% 0.93% −0.44
RIOT Riot Platforms Inc. Sold out 0.00% −0.43
BMNR Bitmine Immersion Technologi Reduce -100.0% 0.00% −0.42
PAGP Plains GP Holdings LP Reduce -96.1% 0.01% −0.20
HD Home Depot Inc. Reduce -4.6% 0.58% −0.19
EAT Brinker International Inc. Sold out 0.00% −0.18
VRT Vertiv Holdings Co. Class A Reduce -10.2% 0.99% −0.12
COST Costco Wholesale Corp. Reduce -1.1% 0.63% −0.11
AGI Alamos Gold Inc. Class A Reduce -26.6% 0.30% −0.10
CORZ Core Scientific Inc. Reduce -99.6% 0.00% −0.10
QQQ Invesco QQQ Trust Series 1 Reduce -6.2% 0.65% −0.08
GDX Vaneck Gold Miners ETF Reduce -5.0% 5.17% −0.08
CYBR Cyberark Software Ltd./Israel Reduce -7.4% 0.30% −0.08
APD Air Products & Chemicals Inc. Reduce -4.6% 0.30% −0.07
GD General Dynamics Corp. Reduce -1.3% 0.44% −0.05
FPEI First Trust Institutional PR Reduce -2.8% 0.33% −0.04
FLNC Fluence Energy Inc. Reduce -68.8% 0.03% −0.03
OKE Oneok Inc. Reduce -41.3% 0.03% −0.02
ETHA iShares Ethereum Trust ETF Sold out 0.00% −0.02
SHY iShares 1-3 Year Treasury Bo Reduce -0.1% 0.25% −0.02
MP MP Materials Corp. Reduce -62.2% 0.01% −0.02
D Dominion Energy Inc. Reduce -36.9% 0.02% −0.02
CRM Salesforce Inc. Reduce -84.9% 0.00% −0.02
IVV iShares Core S&P 500 ETF Reduce -0.1% 0.25% −0.01
NOW ServiceNow Inc. Sold out 0.00% −0.01
CMCSA Comcast Corp. Class A Sold out 0.00% −0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -3.0% 0.10% −0.01
QUAL iShares MSCI USA Quality Fac Reduce -6.1% 0.06% −0.01
BFST Business First Bancshares Reduce -71.6% 0.00% −0.01
SMFG Sumitomo Mitsui-Spons ADR Reduce -76.7% 0.00% −0.01
XLRE SS Real Estate Select Sector Sold out 0.00% −0.01
FTCS First Trust Capital Strength Reduce -9.0% 0.03% −0.01
SYF Synchrony Financial Sold out 0.00% −0.01
ONEQ Fidelity Nasdaq Comp Indx Reduce -0.7% 0.10% −0.01
DGRO iShares Core Dividend Growth Reduce -4.3% 0.05% −0.01
SCHG Schwab US Large-Cap Growth Sold out 0.00% −0.01
FOXA Fox Corp. Class A Reduce -80.5% 0.00% −0.01
XLK SS Technology Select Sector Reduce -2.2% 0.06% −0.01
FQAL Fidelity Quality Factor ETF Reduce -0.2% 0.07% −0.00
MSTR Strategy Inc. Sold out 0.00% −0.00
MELI MercadoLibre Inc. Reduce -18.2% 0.01% −0.00
MFC Manulife Financial Corp. Sold out 0.00% −0.00
QUBT Quantum Computing Inc. Reduce -11.8% 0.00% −0.00
ENVX Enovix Corp. Sold out 0.00% −0.00

Portfolio Buys Q3 2025 → Q4 2025

GEHC GE Healthcare Technology Add +2225660.0% 2.20% +2.20
COPX Global X Copper Miners ETF Add +109.8% 2.71% +1.54
EWY iShares MSCI South Korea ETF New 0.98% +0.98
AGNC AGNC Investment Corp. Add +28.4% 3.23% +0.74
QCOM Qualcomm Inc. Add +15935.4% 0.65% +0.65
LSTR Landstar System Inc. New 0.46% +0.46
BIL SS SPDR BB 1-3M T-Bill ETF Add +22.3% 3.54% +0.39
AMLP Alerian MLP ETF Add +15.1% 4.44% +0.27
MLPA Global X MLP ETF Add +340.9% 0.25% +0.19
CACI Caci International Inc. Class A Add +8.0% 2.66% +0.16
GLD SPDR Gold Shares Add +0.9% 4.21% +0.16
SCHW Schwab (charles) Corp. Add +17.6% 1.23% +0.15
GOOGL Alphabet Inc. Class A Add +13.1% 0.55% +0.14
CCJ Cameco Corp. Add +2.4% 3.37% +0.10
TSLA Tesla Inc. Add +19.8% 0.87% +0.09
MDT Medtronic PLC Add +10.8% 2.45% +0.07
GS Goldman Sachs Group Inc. Add +18.9% 0.36% +0.06
INDA iShares MSCI India ETF Add +699.3% 0.06% +0.05
ETR Entergy Corp. Add +11.5% 2.30% +0.05
GRID First TRST Nasd Class Edg Sgiif Add +63.3% 0.13% +0.04
META Meta Platforms Inc. Class A Add +33.2% 0.40% +0.04
MRK Merck & Co. Inc. Add +3000.0% 0.04% +0.03
COWZ Pacer US Cash Cows 100 ETF Add +24.5% 0.14% +0.02
IBN Icici Bank Ltd.-Spon ADR Add +10.9% 2.47% +0.02
SPYM Ste STR SPDR PT S&P 500 ETF New 0.02% +0.02
VEA Vanguard Ftse Developed ETF New 0.02% +0.02
LLY Eli Lilly & Co. Add +25.8% 0.05% +0.02
SSO Proshares Ultra S&P500 New 0.02% +0.02
WMB Williams Cos Inc. Add +14.8% 3.38% +0.02
KSA Ishrs MSCI Saudi Arabia ETF New 0.02% +0.02
AGG iShares Core U.S. Aggregate Add +41.5% 0.07% +0.02
FLKR Franklin Ftse South Korea New 0.02% +0.02
AVGO Broadcom Inc. Add +17.2% 0.12% +0.01
VTI VG Morningstar TS MKT ETF-US Add +120.9% 0.03% +0.01
ISRG Intuitive Surgical Inc. New 0.01% +0.01
ARES Ares Management Corp. Class A New 0.01% +0.01
NET Cloudflare Inc. Class A New 0.01% +0.01
PFF iShares Preferred & Income S Add +19.6% 0.16% +0.01
UTHR United Therapeutics Corp. Add +233.3% 0.02% +0.01
NLR Vaneck Urani & Nuclr ETF-Usd New 0.01% +0.01
CRH CRH PLC New 0.01% +0.01
MLPX Global X MLP & Energy Infras Add +59.0% 0.04% +0.01
TLT iShares 20+ Year Treasury BD Add +92.0% 0.03% +0.01
GE General Electric Add +420.6% 0.01% +0.01
AXP American Express Co. Add +31.1% 0.04% +0.01
CSCO Cisco Systems Inc. Add +22.9% 0.05% +0.01
JNJ Johnson & Johnson Add +48.6% 0.03% +0.01
BAC Bank of America Corp. New 0.01% +0.01
CMI Cummins Inc. New 0.01% +0.01
MS Morgan Stanley Add +291.3% 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 501$544.7MMU, AMLP, GOOG, BIL, LNG
Q1 2026 346$455.6MLNG, AMLP, BIL, GOOG, NVDA
Q4 2025 365$415.7MGOOG, GDX, AMLP, MSFT, GLD
Q3 2025 332$383.6MGDX, ORCL, GOOG, LNG, MSFT
Q2 2025 325$326.8MORCL, MSFT, LNG, BIL, GOOG
Q1 2025 289$269.2MLNG, GDX, GLD, GOOG, AMLP
Q4 2024 309$274.8MGOOG, MSFT, IHI, GDX, LNG
Q3 2024 297$261.1MMSFT, GDX, GOOG, XBI, IHI
Q2 2024 239$198.3MGDX, MSFT, GOOG, IHI, XBI
Q1 2024 230$181.5MMSFT, IHI, GDX, AGNC, GOOG