G&S Capital LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), G&S Capital LLC reported 129 stock positions worth $270.5 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 6.6% of the portfolio, followed by SS SPDR P S&P 1500 Comp ETF (SPTM, 4.5%) and Vanguard Mrngstr Val ETF-Aui (VTV, 4.2%). Compared with Q2 2025, it opened 14 new positions, sold out of 8, added to 67 and reduced 45. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale First Trust Enh Short Mat FD (FTSM, shares −43%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0001731448
- Portfolio Value
- $270.5M (Q3 2025)
- SEC Filing
- 0001731448-25-000011 ↗ filed Oct 23, 2025
Holdings Value
Holdings 129 stocks · $270.5M
| SPY SS SPDR S&P 500 ETF Trust-US | 6.61% | 26,830 | $17.9M | Add +0.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 4.47% | 149,810 | $12.1M | Reduce -1.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.19% | 60,710 | $11.3M | Add +2.9% |
| QQQ Invesco QQQ Trust Series 1 | 3.23% | 14,533 | $8.7M | Add +0.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.98% | 87,770 | $8.1M | Add +22.6% |
| MDY State Street SPDR S&P Midcap | 2.27% | 10,320 | $6.2M | Add +2.7% |
| IJR iShares Core S&P Small-Cap E | 2.21% | 50,333 | $6.0M | Add +2.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.19% | 20,996 | $5.9M | Add +3.5% |
| NVDA Nvidia Corp. | 2.05% | 29,698 | $5.5M | Add +1.4% |
| AAPL Apple Inc. | 1.71% | 18,191 | $4.6M | Add +12.0% |
| CVX Chevron Corp. | 1.70% | 29,649 | $4.6M | Reduce -0.2% |
| ABBV Abbvie Inc. | 1.61% | 18,847 | $4.4M | Add +0.5% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 1.56% | 73,637 | $4.2M | Reduce -0.5% |
| SPLV Invesco S&P 500 Low Volatili | 1.48% | 54,619 | $4.0M | Reduce -6.7% |
| GBIL Goldman Sachs Access Treasur | 1.48% | 39,910 | $4.0M | Add +144.0% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 1.46% | 99,867 | $3.9M | Add +0.4% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 1.44% | 131,331 | $3.9M | Add +3.4% |
| AXP American Express Co. | 1.38% | 11,244 | $3.7M | Reduce -1.2% |
| RDVI FT Vest Rising Dividend Achi | 1.30% | 136,414 | $3.5M | Add +3.2% |
| JPM JPMorgan Chase & Co. | 1.30% | 11,179 | $3.5M | Reduce -2.0% |
| UNH Unitedhealth Group Inc. | 1.24% | 9,709 | $3.4M | New |
| FTSM First Trust Enh Short Mat FD | 1.24% | 55,909 | $3.3M | Reduce -43.4% |
| RSPN Invesco S&P 500 Equal Weight | 1.22% | 59,066 | $3.3M | Add +2.3% |
| AMLP Alerian MLP ETF | 1.22% | 70,221 | $3.3M | Add +5.0% |
| KNG FT Vest S&P 500 DVD Arst TRG | 1.22% | 66,765 | $3.3M | Add +4.9% |
| MSFT Microsoft Corp. | 1.21% | 6,319 | $3.3M | Add +1.2% |
| JCI Johnson Controls Internation | 1.19% | 29,226 | $3.2M | Reduce -1.6% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.18% | 74,739 | $3.2M | Add +0.6% |
| WMB Williams Cos Inc. | 1.14% | 48,583 | $3.1M | Reduce -0.9% |
| WMT Walmart Inc. | 1.13% | 29,722 | $3.1M | Reduce -0.9% |
| PSCH Invesco S&P Smallcap Health | 1.13% | 73,414 | $3.1M | New |
| DGX Quest Diagnostics Inc. | 1.07% | 15,249 | $2.9M | Add +117.1% |
| CAT Caterpillar Inc. | 1.06% | 6,031 | $2.9M | Reduce -16.8% |
| HIG Hartford Insurance Group Inc. | 1.06% | 21,466 | $2.9M | Add +1.2% |
| ETR Entergy Corp. | 1.05% | 30,557 | $2.8M | Reduce -0.7% |
| FEOE First Eagle Overseas Eq ETF | 1.02% | 60,080 | $2.8M | Add +43.7% |
| SDVD FT Vest Smid Rising Dividend | 1.00% | 125,720 | $2.7M | Add +4.0% |
| AFL Aflac Inc. | 0.98% | 23,747 | $2.7M | Reduce -0.5% |
| GILD Gilead Sciences Inc. | 0.96% | 23,489 | $2.6M | Add +0.7% |
| WM Waste Management Inc. | 0.96% | 11,715 | $2.6M | Reduce -0.6% |
| TT Trane Technologies PLC | 0.94% | 6,043 | $2.5M | Add +0.3% |
| BSX Boston Scientific Corp. | 0.94% | 25,992 | $2.5M | Add +2.4% |
| LIN Linde PLC | 0.93% | 5,295 | $2.5M | Reduce -0.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.84% | 48,888 | $2.3M | Reduce -1.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.75% | 7,292 | $2.0M | Reduce -6.2% |
| DHR Danaher Corp. | 0.74% | 10,145 | $2.0M | Add +0.1% |
| GSST Goldman Sachs Ultra Short Bo | 0.72% | 38,621 | $2.0M | Reduce -3.3% |
| PG The Procter & Gamble Co. | 0.70% | 12,359 | $1.9M | Reduce -54.0% |
| ACWI iShares MSCI Acwi ETF | 0.67% | 13,194 | $1.8M | Add +2.2% |
| SPAB SS SPDR P Agg Bond ETF | 0.61% | 64,313 | $1.7M | Add +4.5% |
| MU Micron Technology Inc. | 0.61% | 9,912 | $1.7M | New |
| PHYS Sprott Physical Gold Trust | 0.60% | 54,994 | $1.6M | Add +7.1% |
| DELL Dell Technologies -C | 0.59% | 11,181 | $1.6M | Reduce -3.2% |
| AEP American Electric Power | 0.57% | 13,821 | $1.6M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 3,084 | $1.6M | Add +0.5% |
| CSCO Cisco Systems Inc. | 0.56% | 22,148 | $1.5M | Reduce -1.6% |
| CAH Cardinal Health Inc. | 0.56% | 9,574 | $1.5M | Add +1.0% |
| AMZN Amazon.com Inc. | 0.54% | 6,711 | $1.5M | Add +6.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.53% | 3,015 | $1.4M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 27,731 | $1.4M | Reduce -1.0% |
| NDAQ Nasdaq Inc. | 0.52% | 15,901 | $1.4M | Reduce -2.5% |
| BA The Boeing Co. | 0.51% | 6,448 | $1.4M | Reduce -3.0% |
| TSLA Tesla Inc. | 0.51% | 3,118 | $1.4M | Add +4.4% |
| PKG Packaging Corp. of America | 0.49% | 6,133 | $1.3M | New |
| PSLV Sprott Physical Silver Trust | 0.48% | 83,209 | $1.3M | Add +2.6% |
| META Meta Platforms Inc. Class A | 0.46% | 1,677 | $1.2M | Add +9.8% |
| C Citigroup Inc. | 0.45% | 11,930 | $1.2M | New |
| FNY First Trust Mid Cap Growth | 0.44% | 12,862 | $1.2M | New |
| SPEM State Street SP PTF Em ETF | 0.43% | 25,053 | $1.2M | Reduce -1.4% |
| SIZE iShares MSCI USA Size Factor | 0.43% | 7,183 | $1.2M | Reduce -1.1% |
| VZ Verizon Communications Inc. | 0.42% | 25,986 | $1.1M | Reduce -7.9% |
| FTC First Trust Large Cap Growth | 0.42% | 7,032 | $1.1M | Reduce -1.8% |
| MTUM iShares MSCI USA Momentum Fa | 0.42% | 4,395 | $1.1M | New |
| KO The Coca-Cola Co. | 0.41% | 16,533 | $1.1M | Reduce -4.6% |
| ACWV iShares MSCI Global Min Vol | 0.37% | 8,360 | $1.0M | Add +0.2% |
| EMR Emerson Electric Co. | 0.34% | 7,014 | $920K | Add +1.3% |
| EMLP First Trust North American E | 0.33% | 23,547 | $902K | Add +4.6% |
| ANET Arista Networks Inc. | 0.33% | 6,151 | $896K | Add +0.8% |
| ED Consolidated Edison Inc. | 0.33% | 8,868 | $891K | Add +1.0% |
| RPG Invesco S&P 500 Pure Growth | 0.32% | 18,253 | $871K | Add +2.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.31% | 10,798 | $846K | New |
| ECL Ecolab Inc. | 0.31% | 3,052 | $836K | Add +0.8% |
| WFC Wells Fargo & Co. | 0.30% | 9,774 | $819K | Add +0.2% |
| JNJ Johnson & Johnson | 0.30% | 4,415 | $819K | Reduce -11.6% |
| GOOG Alphabet Inc. Class C | 0.30% | 3,347 | $815K | Reduce -16.6% |
| COST Costco Wholesale Corp. | 0.30% | 865 | $801K | Add +61.1% |
| ADM Archer-Daniels-Midland Co. | 0.29% | 13,287 | $794K | Add +1.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.29% | 8,938 | $780K | Reduce -2.6% |
| DE Deere & Co. | 0.29% | 1,695 | $775K | Add +0.1% |
| GS Goldman Sachs Group Inc. | 0.28% | 967 | $770K | Reduce -0.4% |
| SRE Sempra | 0.27% | 8,246 | $742K | Add +0.0% |
| SMTH Alps SMTH Cor BD Plus ETF | 0.27% | 28,307 | $741K | Add +20.1% |
| RMD Resmed Inc. | 0.26% | 2,520 | $690K | Reduce -0.5% |
| USFR Wisdomtree Floating Rate Tre | 0.25% | 13,342 | $671K | Add +96.3% |
| PANW Palo Alto Networks Inc. | 0.25% | 3,261 | $664K | Add +1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 4,589 | $663K | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.24% | 2,687 | $653K | Add +10.3% |
| MRK Merck & Co. Inc. | 0.24% | 7,621 | $640K | Reduce -0.7% |
| CB Chubb Ltd. | 0.23% | 2,237 | $631K | Add +0.7% |
| DOW Dow Inc. | 0.23% | 26,802 | $615K | Add +3.1% |
Portfolio Sells Q2 2025 → Q3 2025
| FTSM First Trust Enh Short Mat FD | Reduce -43.4% | 1.24% | −1.10 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −1.01 |
| PG The Procter & Gamble Co. | Reduce -54.0% | 0.70% | −1.00 |
| PDP Invesco Dorsey Wright Moment | Sold out | 0.00% | −0.99 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.99 |
| V Visa Inc. Class A | Reduce -89.0% | 0.10% | −0.94 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.45 |
| FNK First Trust Mid Cap Value | Sold out | 0.00% | −0.41 |
| IDLV Invesco S&P International DE | Sold out | 0.00% | −0.31 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.29 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -6.7% | 1.48% | −0.20 |
| EOG EOG Resources Inc. | Reduce -44.3% | 0.13% | −0.13 |
| WM Waste Management Inc. | Reduce -0.6% | 0.96% | −0.11 |
| CI The Cigna Group | Sold out | 0.00% | −0.09 |
| WMB Williams Cos Inc. | Reduce -0.9% | 1.14% | −0.08 |
| KO The Coca-Cola Co. | Reduce -4.6% | 0.41% | −0.08 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -3.3% | 0.72% | −0.08 |
| VZ Verizon Communications Inc. | Reduce -7.9% | 0.42% | −0.06 |
| LIN Linde PLC | Reduce -0.5% | 0.93% | −0.06 |
| CSCO Cisco Systems Inc. | Reduce -1.6% | 0.56% | −0.06 |
| AXP American Express Co. | Reduce -1.2% | 1.38% | −0.06 |
| NDAQ Nasdaq Inc. | Reduce -2.5% | 0.52% | −0.06 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -1.7% | 4.47% | −0.06 |
| JCI Johnson Controls Internation | Reduce -1.6% | 1.19% | −0.05 |
| CAT Caterpillar Inc. | Reduce -16.8% | 1.06% | −0.05 |
| HRL Hormel Foods Corp. | Reduce -0.4% | 0.14% | −0.05 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -0.5% | 1.56% | −0.04 |
| BA The Boeing Co. | Reduce -3.0% | 0.51% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -21.8% | 0.11% | −0.03 |
| WMT Walmart Inc. | Reduce -0.9% | 1.13% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -0.1% | 0.20% | −0.02 |
| ADP Automatic Data Processing | Reduce -1.4% | 0.13% | −0.02 |
| SIZE iShares MSCI USA Size Factor | Reduce -1.1% | 0.43% | −0.02 |
| AFL Aflac Inc. | Reduce -0.5% | 0.98% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.6% | 0.29% | −0.02 |
| KMI Kinder Morgan Inc. | Reduce -1.0% | 0.09% | −0.01 |
| FTC First Trust Large Cap Growth | Reduce -1.8% | 0.42% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -2.0% | 1.30% | −0.01 |
| MRK Merck & Co. Inc. | Reduce -0.7% | 0.24% | −0.00 |
| RMD Resmed Inc. | Reduce -0.5% | 0.26% | −0.00 |
| NUE Nucor Corp. | Reduce -0.1% | 0.12% | −0.00 |
| AEP American Electric Power | Reduce -1.1% | 0.57% | −0.00 |
| JNJ Johnson & Johnson | Reduce -11.6% | 0.30% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -1.2% | 0.84% | +0.00 |
| PWR Quanta Services Inc. | Reduce -0.5% | 0.17% | +0.00 |
| SPEM State Street SP PTF Em ETF | Reduce -1.4% | 0.43% | +0.00 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.53% | +0.00 |
| GS Goldman Sachs Group Inc. | Reduce -0.4% | 0.28% | +0.01 |
| CVX Chevron Corp. | Reduce -0.2% | 1.70% | +0.02 |
| GOOG Alphabet Inc. Class C | Reduce -16.6% | 0.30% | +0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| UNH Unitedhealth Group Inc. | New | 1.24% | +1.24 |
| PSCH Invesco S&P Smallcap Health | New | 1.13% | +1.13 |
| GBIL Goldman Sachs Access Treasur | Add +144.0% | 1.48% | +0.83 |
| MU Micron Technology Inc. | New | 0.61% | +0.61 |
| DGX Quest Diagnostics Inc. | Add +117.1% | 1.07% | +0.57 |
| PKG Packaging Corp. of America | New | 0.49% | +0.49 |
| C Citigroup Inc. | New | 0.45% | +0.45 |
| FNY First Trust Mid Cap Growth | New | 0.44% | +0.44 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.42% | +0.42 |
| AAPL Apple Inc. | Add +12.0% | 1.71% | +0.39 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +22.6% | 2.98% | +0.37 |
| FEOE First Eagle Overseas Eq ETF | Add +43.7% | 1.02% | +0.33 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.31% | +0.31 |
| ABBV Abbvie Inc. | Add +0.5% | 1.61% | +0.23 |
| NVDA Nvidia Corp. | Add +1.4% | 2.05% | +0.21 |
| TSLA Tesla Inc. | Add +4.4% | 0.51% | +0.14 |
| USFR Wisdomtree Floating Rate Tre | Add +96.3% | 0.25% | +0.11 |
| ORCL Oracle Corp. | New | 0.10% | +0.10 |
| GLD SPDR Gold Shares | New | 0.10% | +0.10 |
| SMMU PIMCO SHRT TRM Muni BND ETF | New | 0.09% | +0.09 |
| IJR iShares Core S&P Small-Cap E | Add +2.9% | 2.21% | +0.09 |
| PSLV Sprott Physical Silver Trust | Add +2.6% | 0.48% | +0.09 |
| PHYS Sprott Physical Gold Trust | Add +7.1% | 0.60% | +0.09 |
| COST Costco Wholesale Corp. | Add +61.1% | 0.30% | +0.09 |
| ANET Arista Networks Inc. | Add +0.8% | 0.33% | +0.08 |
| IAU iShares Gold Trust | New | 0.08% | +0.08 |
| VEA Vanguard Ftse Developed ETF | New | 0.08% | +0.08 |
| TDVI FT Vest Technology Dividend | New | 0.07% | +0.07 |
| CGXU Cap Group Intl Focus | Add +3.4% | 1.44% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.5% | 6.61% | +0.07 |
| GOOGL Alphabet Inc. Class A | Add +10.3% | 0.24% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +47.3% | 0.21% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 3.23% | +0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +2.9% | 4.19% | +0.05 |
| SMTH Alps SMTH Cor BD Plus ETF | Add +20.1% | 0.27% | +0.03 |
| SRE Sempra | Add +0.0% | 0.27% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +25.2% | 0.12% | +0.02 |
| SDVD FT Vest Smid Rising Dividend | Add +4.0% | 1.00% | +0.02 |
| TJX TJX Companies Inc. | Add +0.4% | 0.25% | +0.02 |
| ADM Archer-Daniels-Midland Co. | Add +1.6% | 0.29% | +0.02 |
| MDY State Street SPDR S&P Midcap | Add +2.7% | 2.27% | +0.02 |
| ACWI iShares MSCI Acwi ETF | Add +2.2% | 0.67% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.1% | 0.53% | +0.01 |
| RDVI FT Vest Rising Dividend Achi | Add +3.2% | 1.30% | +0.01 |
| GD General Dynamics Corp. | Add +1.1% | 0.10% | +0.01 |
| META Meta Platforms Inc. Class A | Add +9.8% | 0.46% | +0.01 |
| CGUS Cap Group Core Equity | Add +0.4% | 1.46% | +0.00 |
| LMT Lockheed Martin Corp. | Add +0.3% | 0.15% | +0.00 |
| RSPN Invesco S&P 500 Equal Weight | Add +2.3% | 1.22% | −0.00 |
| RPG Invesco S&P 500 Pure Growth | Add +2.7% | 0.32% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 152 | $344.5M | SPY, BIL, VTV, SPTM, QQQ |
| Q1 2026 | 133 | $284.6M | SPY, VTV, SPTM, BIL, QQQ |
| Q4 2025 | 132 | $283.0M | SPY, SPTM, VTV, QQQ, BIL |
| Q3 2025 | 129 | $270.5M | SPY, SPTM, VTV, QQQ, BIL |
| Q2 2025 | 123 | $252.4M | SPY, SPTM, VTV, QQQ, BIL |
| Q1 2025 | 124 | $235.5M | SPY, SPTM, VTV, BIL, QQQ |
| Q4 2024 | 119 | $242.2M | SPY, BIL, SPTM, VTV, QQQ |
| Q3 2024 | 119 | $238.5M | BIL, SPY, SPTM, VTV, QQQ |
| Q2 2024 | 119 | $230.1M | SPY, BIL, SPTM, VTV, QQQ |
| Q1 2024 | 121 | $224.3M | BIL, SPY, SPTM, QQQ, VTV |