G&S Capital LLC

Name: G&S Capital LLC 13F holdings, Q3 2025
Creator: G&S Capital LLC
Published: 2025-10-23

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

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%
ULST SS Ultra Short TM Bond ETF	0.22%	14,765	$601K	Add +6.5%
PPG PPG Industries Inc.	0.22%	5,620	$591K	Add +1.9%
IVV iShares Core S&P 500 ETF	0.21%	869	$582K	Add +47.3%
KMB Kimberly-Clark Corp.	0.20%	4,376	$544K	Reduce -0.1%
PWR Quanta Services Inc.	0.17%	1,109	$460K	Reduce -0.5%
AZO AutoZone Inc.	0.16%	101	$433K	No change
XOM Exxon Mobil Corp.	0.15%	3,592	$405K	Add +1.2%
LMT Lockheed Martin Corp.	0.15%	804	$401K	Add +0.3%
HRL Hormel Foods Corp.	0.14%	15,845	$392K	Reduce -0.4%
LLY Eli Lilly & Co.	0.14%	491	$375K	Add +5.1%
ADP Automatic Data Processing	0.13%	1,227	$360K	Reduce -1.4%
EOG EOG Resources Inc.	0.13%	3,023	$339K	Reduce -44.3%
SBUX Starbucks Corp.	0.12%	3,911	$331K	Add +0.5%
NUE Nucor Corp.	0.12%	2,423	$328K	Reduce -0.1%
ITOT iShares Core S&P Total U.S.	0.12%	2,207	$321K	Add +25.2%
VTI VG Morningstar TS MKT ETF-US	0.11%	946	$310K	Reduce -21.8%
UUUU Energy Fuels Inc.	0.11%	19,565	$300K	No change
GLP Global Partners LP	0.11%	5,982	$287K	No change
V Visa Inc. Class A	0.10%	810	$277K	Reduce -89.0%
ORCL Oracle Corp.	0.10%	943	$265K	New
GD General Dynamics Corp.	0.10%	756	$258K	Add +1.1%
GLD SPDR Gold Shares	0.10%	724	$257K	New
SMMU PIMCO SHRT TRM Muni BND ETF	0.09%	5,000	$253K	New
KMI Kinder Morgan Inc.	0.09%	8,803	$249K	Reduce -1.0%
SCHV Schwab US Large-Cap Value	0.08%	7,856	$229K	Add +0.2%
USHY iShares Broad Usd High Yield	0.08%	5,964	$225K	Add +1.7%
IAU iShares Gold Trust	0.08%	2,830	$206K	New
VEA Vanguard Ftse Developed ETF	0.08%	3,424	$205K	New
TDVI FT Vest Technology Dividend	0.07%	7,078	$203K	New

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