GFS Advisors, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), GFS Advisors, LLC reported 265 stock positions worth $937.5 million. Its top holding was Cardinal Health (CAH) at 8.2% of the portfolio, followed by Heico (HEI, 4.6%) and SS SPDR P S&P 500 Hi Div ETF (SPYD, 3.8%). Compared with Q1 2026, it opened 121 new positions, sold out of 114, added to 33 and reduced 90. The biggest buy was a new position in Heico (HEI) and the biggest sale Alphabet Class A (GOOGL, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001427263
- Portfolio Value
- $937.5M (Q2 2026)
- SEC Filing
- 0001427263-26-000007 ↗ filed Aug 13, 2026
Holdings Value
Holdings 265 stocks · $937.5M
| CAH Cardinal Health Inc. | 8.19% | 55 | $76.8M | Reduce -100.0% |
| HEI Heico Corp. | 4.56% | 250 | $42.8M | New |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 3.84% | 150 | $36.0M | New |
| UPS United Parcel Service Class B | 3.28% | 511 | $30.7M | New |
| EFA iShares MSCI Eafe ETF | 3.20% | 9,032 | $30.0M | Reduce -89.0% |
| MU Micron Technology Inc. | 3.02% | 3,231 | $28.3M | Reduce -85.4% |
| EC Ecopetrol SA-Sponsored ADR | 2.97% | 2,200 | $27.9M | New |
| DT Dynatrace Inc. | 2.85% | 79 | $26.7M | New |
| EWJ iShares MSCI Japan ETF | 2.64% | 265,683 | $24.8M | Reduce -3.8% |
| IJS iShares S&P Small-Cap 600 Va | 2.46% | 9,469 | $23.1M | Reduce -46.9% |
| FERG Ferguson Enterprises Inc. | 2.26% | 18 | $21.2M | New |
| VRNS Varonis Systems Inc. | 2.23% | 125 | $20.9M | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 2.04% | 20,282 | $19.1M | Reduce -0.6% |
| BABA Alibaba Group Holding-SP ADR | 1.93% | 188,066 | $18.1M | Add +9.7% |
| SIZE iShares MSCI USA Size Factor | 1.81% | 20 | $17.0M | New |
| ITRI Itron Inc. | 1.80% | 396 | $16.9M | New |
| IWD iShares Russell 1000 Value E | 1.73% | 9,348 | $16.2M | Reduce -83.5% |
| IJR iShares Core S&P Small-Cap E | 1.70% | 155,764 | $15.9M | Add +4.5% |
| DTM DT Midstream Inc. | 1.46% | 1,275 | $13.7M | New |
| WDEF WT Europe Defensed FD | 1.39% | 1,497 | $13.0M | New |
| PBR Petroleo Brasileiro-Spon ADR | 1.36% | 1,500 | $12.7M | New |
| NOW ServiceNow Inc. | 1.35% | 2,053 | $12.6M | New |
| HD Home Depot Inc. | 1.33% | 200 | $12.4M | Reduce -96.4% |
| OGN Organon & Co. | 1.31% | 1,267 | $12.3M | New |
| AAXJ iShares MSCI All Country Asi | 1.29% | 101,080 | $12.1M | Reduce -19.8% |
| SHY iShares 1-3 Year Treasury Bo | 1.27% | 10,936 | $11.9M | Add +121.2% |
| KKR KKR & Co. Inc. | 1.25% | 790 | $11.7M | New |
| EPD Enterprise Products Partners | 1.22% | 69,550 | $11.5M | Add +32.5% |
| MTUM iShares MSCI USA Momentum Fa | 1.14% | 123 | $10.7M | New |
| VOO Vanguard S&P 500 ETF | 1.13% | 1,416 | $10.6M | Add +4.1% |
| MS Morgan Stanley | 1.08% | 440 | $10.2M | New |
| IEV iShares Europe ETF | 1.03% | 2,383 | $9.7M | Reduce -17.9% |
| CWEN Clearway Energy Inc. Class C | 1.02% | 50 | $9.5M | New |
| ARCC Ares Capital Corp. | 1.00% | 3,065 | $9.4M | New |
| PGR Progressive Corp. | 0.94% | 100 | $8.8M | New |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.85% | 2,760 | $8.0M | Reduce -93.0% |
| WBX Wallbox NV | 0.80% | 3,350 | $7.5M | Reduce -99.3% |
| CTA Simplify Managed Futures St | 0.76% | 815 | $7.1M | New |
| IBIT iShares Bitcoin Trust ETF | 0.76% | 61,914 | $7.1M | Reduce -45.7% |
| CGC Canopy Growth Corp. | 0.71% | 27 | $6.7M | New |
| VXF Vanguard Extended Market ETF | 0.70% | 7,298 | $6.6M | Reduce -0.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.69% | 3,728 | $6.5M | Reduce -89.9% |
| MLI Mueller Industries Inc. | 0.69% | 44 | $6.4M | New |
| NMB Simplify National Muni BND | 0.68% | 1,070 | $6.4M | New |
| KMI Kinder Morgan Inc. | 0.67% | 2,775 | $6.3M | New |
| VSS Vanguard Ftse All Wo X-US SC | 0.62% | 29,016 | $5.8M | Reduce -16.4% |
| NTLA Intellia Therapeutics Inc. | 0.62% | 130 | $5.8M | New |
| PH Parker Hannifin Corp. | 0.57% | 24 | $5.3M | Reduce -100.0% |
| SYNA Synaptics Inc. | 0.53% | 30 | $4.9M | New |
| PHIN Phinia Inc. | 0.52% | 474 | $4.9M | New |
| IHE iShares US Pharmaceuticals E | 0.50% | 270 | $4.7M | Reduce -97.0% |
| DRAM Roundhill Memory ETF | 0.48% | 1,311 | $4.5M | New |
| VXUS Vanguard Total Intl Stock | 0.48% | 109,854 | $4.5M | Reduce -0.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.47% | 76,287 | $4.4M | Reduce -86.3% |
| IREN Iren Ltd. filed as IREN LIMITED | 0.46% | 30 | $4.3M | New |
| FICO Fair Isaac Corp. | 0.41% | 200 | $3.8M | Reduce -98.3% |
| NEE Nextera Energy Inc. | 0.40% | 30 | $3.7M | New |
| XLF SS Financial Select Sector | 0.37% | 28,912 | $3.5M | Reduce -14.6% |
| VNQ Vanguard Real Estate ETF | 0.36% | 1,235 | $3.4M | Reduce -68.8% |
| CALY Callaway Golf Company | 0.34% | 760 | $3.2M | New |
| UDN Invesco DB US Dollar Index B | 0.32% | 242,200 | $3.0M | No change |
| CVCO Cavco Industries Inc. | 0.30% | 10 | $2.8M | New |
| BWXT BWX Technologies Inc. | 0.28% | 125 | $2.6M | New |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.28% | 740 | $2.6M | New |
| XHS SS SPDR S&P HC Services ETF | 0.26% | 75 | $2.4M | New |
| DHR Danaher Corp. | 0.25% | 520 | $2.4M | New |
| PEP Pepsico Inc. | 0.25% | 64,852 | $2.4M | Add +0.3% |
| ZM Zoom Communications Inc. | 0.25% | 526 | $2.3M | New |
| IAU iShares Gold Trust | 0.25% | 94,545 | $2.3M | Reduce -4.0% |
| IWM iShares Russell 2000 ETF | 0.24% | 253 | $2.3M | New |
| EZU iShares MSCI Eurozone ETF | 0.24% | 1,681 | $2.2M | New |
| AG First Majestic Silver Corp. | 0.22% | 2,010 | $2.1M | New |
| IGE iShares North American Natur | 0.22% | 8,588 | $2.1M | Reduce -82.9% |
| JPIE JPMorgan Income ETF | 0.22% | 4,480 | $2.1M | New |
| WBD Warner Bros Discovery Inc. | 0.20% | 36,848 | $1.9M | New |
| QUAL iShares MSCI USA Quality Fac | 0.20% | 575 | $1.9M | New |
| WTAI Wisdomtree AI and Innovation | 0.19% | 10 | $1.8M | New |
| CIBR First Trust Nasdaq Cybersecu | 0.19% | 6,641 | $1.8M | Reduce -1.9% |
| GLD SPDR Gold Shares | 0.19% | 6,293 | $1.7M | Reduce -90.7% |
| MSDL Morgan Stanley Direct Lendin | 0.18% | 2,900 | $1.7M | New |
| CPNG Coupang Inc. | 0.17% | 91,275 | $1.6M | Add +13.3% |
| XLI SS Industrial Select Sector | 0.17% | 55 | $1.5M | New |
| BRKR Bruker Corp. | 0.16% | 10 | $1.5M | New |
| BXSL Blackstone Secured Lending F | 0.16% | 71,550 | $1.5M | No change |
| EEM iShares MSCI Emerging Market | 0.16% | 13,900 | $1.5M | No change |
| FEZ State Street SPDR Euro Stoxx | 0.16% | 141,277 | $1.5M | Reduce -9.6% |
| REGN Regeneron Pharmaceuticals | 0.15% | 18 | $1.4M | New |
| UMC United Microelectron-SP ADR | 0.15% | 1,370 | $1.4M | New |
| TM Toyota Motor Corp. -Spon ADR | 0.15% | 8,185 | $1.4M | Reduce -38.9% |
| TESLA INC | 0.15% | 250 | $1.4M | New |
| SYM Symbotic Inc. | 0.14% | 150 | $1.4M | New |
| EPP iShares MSCI Pacific Ex Japa | 0.14% | 25,000 | $1.3M | No change |
| ITA iShares U.S. Aerospace & Def | 0.14% | 870 | $1.3M | New |
| PTC PTC Inc. | 0.14% | 18 | $1.3M | New |
| LULU Lululemon Athletica Inc. | 0.13% | 140 | $1.2M | New |
| IYH iShares U.S. Healthcare ETF | 0.12% | 2,800 | $1.2M | Reduce -86.9% |
| NAD Nuveen Quality Municipal Inc. | 0.12% | 525,720 | $1.2M | Reduce -9.5% |
| PCT Purecycle Technologies Inc. | 0.12% | 2,000 | $1.1M | Reduce -51.8% |
| LQ Simplify Tax Aware Alt ETF | 0.12% | 20 | $1.1M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.12% | 2,260 | $1.1M | Add +6.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 83 | $2.6M | New |
Total filed on the 13F, all lines: $940.1M.
Portfolio Sells Q1 2026 → Q2 2026
| GOOGL Alphabet Inc. Class A | Reduce -38.4% | 0.00% | −4.00 |
| DIS The Walt Disney Co. | Reduce -13.7% | 0.00% | −2.44 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -81.0% | 0.02% | −2.36 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −2.27 |
| CNM Core & Main Inc. Class A | Sold out | 0.00% | −2.01 |
| FDX FedEx Corp. | Reduce -22.2% | 0.01% | −2.00 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −1.99 |
| TSLA Tesla Inc. | Reduce -11.8% | 0.04% | −1.96 |
| IJH iShares Core S&P Midcap ETF | Reduce -22.7% | 0.00% | −1.81 |
| WTW Willis Towers Watson PLC | Sold out | 0.00% | −1.71 |
| NVDA Nvidia Corp. | Reduce -48.2% | 0.00% | −1.70 |
| MDY State Street SPDR S&P Midcap | Reduce -75.9% | 0.00% | −1.60 |
| VGK Vanguard Ftse Europe ETF | Reduce -49.4% | 0.01% | −1.52 |
| DXJ Wisdomtree Japan Hedged Eq | Reduce -98.1% | 0.10% | −1.41 |
| JNJ Johnson & Johnson | Reduce -58.3% | 0.02% | −1.36 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −1.35 |
| DOW Dow Inc. | Reduce -0.1% | 0.01% | −1.34 |
| ARKK ARK Innovation ETF | Sold out | 0.00% | −1.20 |
| RSP Invesco S&P 500 Equal Weight | Reduce -30.0% | 0.00% | −1.10 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −1.03 |
| UNH Unitedhealth Group Inc. | Reduce -13.6% | 0.00% | −1.02 |
| JPM JPMorgan Chase & Co. | Reduce -92.6% | 0.00% | −1.00 |
| BBH Vaneck Biotech ETF | Sold out | 0.00% | −0.91 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.0% | 0.10% | −0.90 |
| ANGL Vaneck Fallen Angel High YLD | Reduce -81.7% | 0.00% | −0.82 |
| ARKG ARK Genomic Revolution ETF | Sold out | 0.00% | −0.82 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.76 |
| NAD Nuveen Quality Municipal Inc. | Reduce -9.5% | 0.12% | −0.72 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.68 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.65 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.65 |
| UL Unilever PLC-Sponsored ADR | Reduce -16.6% | 0.00% | −0.65 |
| TEVA Teva Pharmaceutical-SP ADR | Sold out | 0.00% | −0.63 |
| GDX Vaneck Gold Miners ETF | Reduce -79.1% | 0.01% | −0.62 |
| GEHC GE Healthcare Technology | Sold out | 0.00% | −0.61 |
| MRK Merck & Co. Inc. | Reduce 0.0% | 0.00% | −0.61 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.61 |
| PLTR Palantir Technologies Inc. Class A | Reduce -80.8% | 0.00% | −0.61 |
| FXU First Trust Utilities Alphad | Sold out | 0.00% | −0.61 |
| JTEK JPMorgan US Tech Leaders | Reduce -95.8% | 0.03% | −0.58 |
| INTC Intel Corp. | Reduce -37.9% | 0.00% | −0.55 |
| PFE Pfizer Inc. | Reduce -26.1% | 0.00% | −0.54 |
| SLV iShares Silver Trust | Reduce -81.0% | 0.01% | −0.51 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.50 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.50 |
| FEZ State Street SPDR Euro Stoxx | Reduce -9.6% | 0.16% | −0.47 |
| ONON On Holding AG Class A | Sold out | 0.00% | −0.47 |
| HPQ HP Inc. | Sold out | 0.00% | −0.47 |
| PG The Procter & Gamble Co. | Reduce -23.3% | 0.00% | −0.46 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.46 |
Portfolio Buys Q1 2026 → Q2 2026
| HEI Heico Corp. | New | 4.56% | +4.56 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | New | 3.84% | +3.84 |
| UPS United Parcel Service Class B | New | 3.28% | +3.28 |
| EC Ecopetrol SA-Sponsored ADR | New | 2.97% | +2.97 |
| DT Dynatrace Inc. | New | 2.85% | +2.85 |
| FERG Ferguson Enterprises Inc. | New | 2.26% | +2.26 |
| VRNS Varonis Systems Inc. | New | 2.23% | +2.23 |
| SIZE iShares MSCI USA Size Factor | New | 1.81% | +1.81 |
| ITRI Itron Inc. | New | 1.80% | +1.80 |
| DTM DT Midstream Inc. | New | 1.46% | +1.46 |
| WDEF WT Europe Defensed FD | New | 1.39% | +1.39 |
| PBR Petroleo Brasileiro-Spon ADR | New | 1.36% | +1.36 |
| NOW ServiceNow Inc. | New | 1.35% | +1.35 |
| OGN Organon & Co. | New | 1.31% | +1.31 |
| KKR KKR & Co. Inc. | New | 1.25% | +1.25 |
| SHY iShares 1-3 Year Treasury Bo | Add +121.2% | 1.27% | +1.22 |
| MTUM iShares MSCI USA Momentum Fa | New | 1.14% | +1.14 |
| EPD Enterprise Products Partners | Add +32.5% | 1.22% | +1.09 |
| MS Morgan Stanley | New | 1.08% | +1.08 |
| VOO Vanguard S&P 500 ETF | Add +4.1% | 1.13% | +1.07 |
| CWEN Clearway Energy Inc. Class C | New | 1.02% | +1.02 |
| ARCC Ares Capital Corp. | New | 1.00% | +1.00 |
| PGR Progressive Corp. | New | 0.94% | +0.94 |
| CTA Simplify Managed Futures St | New | 0.76% | +0.76 |
| CGC Canopy Growth Corp. | New | 0.71% | +0.71 |
| MLI Mueller Industries Inc. | New | 0.69% | +0.69 |
| NMB Simplify National Muni BND | New | 0.68% | +0.68 |
| KMI Kinder Morgan Inc. | New | 0.67% | +0.67 |
| NTLA Intellia Therapeutics Inc. | New | 0.62% | +0.62 |
| BABA Alibaba Group Holding-SP ADR | Add +9.7% | 1.93% | +0.53 |
| SYNA Synaptics Inc. | New | 0.53% | +0.53 |
| PHIN Phinia Inc. | New | 0.52% | +0.52 |
| IJR iShares Core S&P Small-Cap E | Add +4.5% | 1.70% | +0.50 |
| DRAM Roundhill Memory ETF | New | 0.48% | +0.48 |
| IREN Iren Ltd. | New | 0.46% | +0.46 |
| NEE Nextera Energy Inc. | New | 0.40% | +0.40 |
| CALY Callaway Golf Company | New | 0.34% | +0.34 |
| CVCO Cavco Industries Inc. | New | 0.30% | +0.30 |
| BWXT BWX Technologies Inc. | New | 0.28% | +0.28 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.28% | +0.28 |
| XHS SS SPDR S&P HC Services ETF | New | 0.26% | +0.26 |
| DHR Danaher Corp. | New | 0.25% | +0.25 |
| ZM Zoom Communications Inc. | New | 0.25% | +0.25 |
| IWM iShares Russell 2000 ETF | New | 0.24% | +0.24 |
| EZU iShares MSCI Eurozone ETF | New | 0.24% | +0.24 |
| AG First Majestic Silver Corp. | New | 0.22% | +0.22 |
| JPIE JPMorgan Income ETF | New | 0.22% | +0.22 |
| WBD Warner Bros Discovery Inc. | New | 0.20% | +0.20 |
| QUAL iShares MSCI USA Quality Fac | New | 0.20% | +0.20 |
| WTAI Wisdomtree AI and Innovation | New | 0.19% | +0.19 |
Notes & Other Activity Q1 2026 → Q2 2026
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 83 | $2.6M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 265 | $937.5M | CAH, HEI, SPYD, UPS, EFA |
| Q1 2026Amended | 257 | $1.5B | GOOGL, DIS, SHV, CRWD, IWD |
| Q4 2025 | 173 | $842.0M | TSLA, GOOGL, SPY, DIS, MSFT |
| Q3 2025 | 147 | $783.7M | SPY, DIS, GOOGL, BABA, MSFT |
| Q2 2025 | 146 | $730.8M | DIS, SPY, MSFT, ACWI, VWO |
| Q1 2025 | 122 | $498.1M | DIS, VWO, BABA, ACWI, EWJ |
| Q4 2024 | 152 | $657.6M | DIS, SPY, FDX, GOOGL, TSLA |
| Q3 2024 | 111 | $470.4M | DIS, GOOGL, VWO, MSFT, EWJ |
| Q2 2024 | 201 | $620.5M | SPY, DIS, FDX, GOOGL, MSFT |
| Q1 2024 | 146 | $603.6M | DIS, FDX, SPY, MSFT, GOOGL |