Hilltop Holdings Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Hilltop Holdings Inc. reported 633 stock positions worth $1.1 billion. Its top holding was Apple (AAPL) at 3.3% of the portfolio, followed by SPDR Gold Shares (GLD, 2.9%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 2.5%). Compared with Q4 2025, it opened 67 new positions, sold out of 312, added to 121 and reduced 413. The biggest buy was Apple (AAPL, shares +251%) and the biggest sale Microsoft (MSFT, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001265131
- Portfolio Value
- $1.1B (Q1 2026)
- SEC Filing
- 0001104659-26-061239 ↗ filed May 14, 2026
Holdings Value
Holdings 633 stocks · $1.1B
| AAPL Apple Inc. | 3.34% | 144,764 | $36.7M | Add +251.3% |
| GLD SPDR Gold Shares | 2.90% | 74,054 | $31.9M | Reduce -13.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 2.55% | 257,303 | $28.0M | Add +15.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.94% | 37,014 | $21.4M | Add +73.2% |
| AMZN Amazon.com Inc. | 1.68% | 88,697 | $18.5M | Add +342.7% |
| NVDA Nvidia Corp. | 1.60% | 100,665 | $17.6M | Reduce -51.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.58% | 26,736 | $17.4M | Reduce -4.9% |
| VOO Vanguard S&P 500 ETF | 1.45% | 26,724 | $16.0M | Add +9.3% |
| GOOGL Alphabet Inc. Class A | 1.43% | 54,577 | $15.7M | Reduce -41.1% |
| MSFT Microsoft Corp. | 1.42% | 42,330 | $15.7M | Reduce -66.4% |
| IWM iShares Russell 2000 ETF | 1.32% | 58,707 | $14.6M | Add +29.0% |
| SGOV iShares 0-3 Month Treasury B | 1.27% | 138,863 | $14.0M | Add +4.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.17% | 26,846 | $12.9M | Add +512.6% |
| GOOG Alphabet Inc. Class C | 1.15% | 44,158 | $12.7M | Reduce -23.3% |
| XOM Exxon Mobil Corp. | 1.09% | 70,980 | $12.0M | Reduce -25.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.97% | 117,029 | $10.7M | Add +58.1% |
| JPM JPMorgan Chase & Co. | 0.96% | 35,822 | $10.5M | Reduce -47.9% |
| MBB iShares MBS ETF | 0.96% | 110,730 | $10.5M | Reduce -40.5% |
| TLT iShares 20+ Year Treasury BD | 0.79% | 100,631 | $8.7M | Add +49.0% |
| WMT Walmart Inc. | 0.73% | 64,848 | $8.1M | Reduce -54.1% |
| IWF iShares Russell 1000 Growth | 0.73% | 18,867 | $8.0M | Add +9.7% |
| TIP iShares Tips Bond ETF | 0.72% | 72,252 | $8.0M | Add +204.0% |
| IBTH iShares Ibonds Dec 2027 Term | 0.71% | 349,939 | $7.8M | Add +60.6% |
| XLE SS Energy Select Sector | 0.71% | 126,954 | $7.8M | Reduce -0.5% |
| JNK SS SPDR BB High Yield Bond | 0.69% | 79,754 | $7.6M | Add +24.5% |
| AVGO Broadcom Inc. | 0.67% | 23,748 | $7.4M | Reduce -70.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.65% | 16,449 | $7.2M | Reduce -15.0% |
| JPST JPMorgan Ultra-Short Income | 0.65% | 141,079 | $7.1M | Reduce -14.1% |
| JNJ Johnson & Johnson | 0.64% | 28,821 | $7.0M | Reduce -32.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.63% | 58,168 | $6.9M | Add +184.4% |
| GOVT iShares US Treasury Bond ETF | 0.62% | 297,111 | $6.8M | Reduce -8.9% |
| ABBV Abbvie Inc. | 0.59% | 29,941 | $6.5M | Reduce -46.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.59% | 58,765 | $6.5M | Add +134.8% |
| CSCO Cisco Systems Inc. | 0.58% | 82,527 | $6.4M | Reduce -30.4% |
| CVX Chevron Corp. | 0.58% | 30,703 | $6.4M | Reduce -64.6% |
| ET Energy Transfer LP | 0.56% | 320,187 | $6.2M | Reduce -3.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.56% | 13,317 | $6.2M | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 0.55% | 62,523 | $6.1M | Add +2.0% |
| MU Micron Technology Inc. | 0.54% | 17,629 | $6.0M | Add +18.9% |
| IJH iShares Core S&P Midcap ETF | 0.53% | 86,236 | $5.8M | Add +3.0% |
| IVOL Quadratic Int Rte Vol Infl H | 0.53% | 309,674 | $5.8M | Add +2211.2% |
| EPD Enterprise Products Partners | 0.53% | 153,054 | $5.8M | Reduce -7.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.50% | 22,705 | $5.5M | Reduce -0.7% |
| SPSB SS SPDR P St C Corp. ETF | 0.47% | 173,023 | $5.2M | Reduce -5.8% |
| VGT Vanguard Info Tech ETF | 0.47% | 7,382 | $5.1M | Reduce -14.4% |
| IVV iShares Core S&P 500 ETF | 0.46% | 7,773 | $5.1M | Reduce -18.4% |
| MRK Merck & Co. Inc. | 0.44% | 40,564 | $4.9M | Reduce -18.5% |
| META Meta Platforms Inc. Class A | 0.44% | 8,494 | $4.9M | Reduce -58.0% |
| GLW Corning Inc. | 0.44% | 35,637 | $4.8M | Reduce -8.8% |
| DVY iShares Select Dividend ETF | 0.42% | 30,203 | $4.6M | Add +5.6% |
| XME SS SPDR S&P Metals Mining | 0.41% | 42,265 | $4.6M | Add +43.3% |
| IAU iShares Gold Trust | 0.41% | 50,998 | $4.5M | Add +13.7% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.41% | 56,413 | $4.5M | Add +24.8% |
| RTX RTX Corp. | 0.41% | 23,191 | $4.5M | Add +204.5% |
| IJR iShares Core S&P Small-Cap E | 0.41% | 35,899 | $4.5M | Reduce -14.8% |
| VGK Vanguard Ftse Europe ETF | 0.40% | 53,389 | $4.4M | Add +10.9% |
| V Visa Inc. Class A | 0.39% | 14,219 | $4.3M | Reduce -74.7% |
| RSP Invesco S&P 500 Equal Weight | 0.38% | 21,908 | $4.2M | Reduce -14.9% |
| ETN Eaton Corp. PLC | 0.38% | 11,722 | $4.2M | Reduce -64.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.38% | 50,090 | $4.1M | Add +637.2% |
| COST Costco Wholesale Corp. | 0.37% | 4,134 | $4.1M | Reduce -41.6% |
| FLOT iShares Floating Rate Bond E | 0.37% | 80,611 | $4.1M | Reduce -37.0% |
| KO The Coca-Cola Co. | 0.37% | 52,981 | $4.0M | Reduce -24.9% |
| AMD Advanced Micro Devices | 0.36% | 19,309 | $3.9M | Add +361.2% |
| MKTN Fed HRMS MDT MKT Neutral ETF | 0.34% | 146,267 | $3.8M | No change |
| CAT Caterpillar Inc. | 0.34% | 5,357 | $3.8M | Reduce -26.3% |
| XLV SS Health Care Select Sector | 0.34% | 25,525 | $3.7M | Reduce -45.0% |
| HD Home Depot Inc. | 0.34% | 11,232 | $3.7M | Reduce -70.3% |
| LMT Lockheed Martin Corp. | 0.33% | 6,018 | $3.6M | Reduce -49.3% |
| VZ Verizon Communications Inc. | 0.33% | 71,534 | $3.6M | Reduce -44.9% |
| PFE Pfizer Inc. | 0.32% | 126,065 | $3.5M | Reduce -27.5% |
| XLK SS Technology Select Sector | 0.32% | 26,441 | $3.5M | Reduce -55.5% |
| MCD McDonald's Corp. | 0.32% | 11,209 | $3.5M | Reduce -60.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.31% | 10,000 | $3.4M | Reduce -46.8% |
| IYE iShares U.S. Energy ETF | 0.30% | 51,140 | $3.3M | Reduce -42.1% |
| TXN Texas Instruments Inc. | 0.30% | 16,965 | $3.3M | Reduce -11.7% |
| EMB iShares JP Morgan Usd Emergi | 0.30% | 34,988 | $3.3M | Reduce -27.9% |
| PM Philip Morris International | 0.29% | 19,629 | $3.2M | Reduce -63.4% |
| DGRO iShares Core Dividend Growth | 0.29% | 45,736 | $3.2M | Add +193.2% |
| IGM iShares Expanded Tech Sector | 0.29% | 26,951 | $3.2M | Reduce -6.4% |
| T AT&T Inc. | 0.29% | 109,343 | $3.2M | Reduce -35.6% |
| LLY Eli Lilly & Co. | 0.29% | 3,424 | $3.1M | Reduce -62.6% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.28% | 101,470 | $3.1M | Add +71.1% |
| UNP Union Pacific Corp. | 0.28% | 12,833 | $3.1M | Reduce -69.4% |
| MA Mastercard Inc. Class A | 0.28% | 6,184 | $3.1M | Reduce -72.9% |
| VRT Vertiv Holdings Co. Class A | 0.27% | 12,023 | $3.0M | Reduce -15.7% |
| XLF SS Financial Select Sector | 0.27% | 59,841 | $3.0M | Reduce -46.2% |
| INTC Intel Corp. | 0.27% | 66,407 | $2.9M | Reduce -6.3% |
| GILD Gilead Sciences Inc. | 0.26% | 20,872 | $2.9M | Reduce -28.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.26% | 10,078 | $2.9M | Add +7.2% |
| LRCX Lam Research Corp. | 0.25% | 12,896 | $2.8M | Reduce -52.2% |
| AGG iShares Core U.S. Aggregate | 0.25% | 27,657 | $2.7M | Add +66.3% |
| TSLA Tesla Inc. | 0.25% | 7,382 | $2.7M | Reduce -32.9% |
| DFAE Dimensional Emerging Core Eq | 0.25% | 80,800 | $2.7M | New |
| SCHD Schwab US DVD Equity ETF | 0.25% | 88,697 | $2.7M | Add +3.8% |
| EPP iShares MSCI Pacific Ex Japa | 0.25% | 51,070 | $2.7M | New |
| NFLX Netflix Inc. | 0.25% | 28,220 | $2.7M | Reduce -37.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.24% | 49,895 | $2.7M | Reduce -2.4% |
| MO Altria Group Inc. | 0.24% | 39,913 | $2.6M | Reduce -40.7% |
| VFLO Victoryshares Free Cash Flow | 0.24% | 65,952 | $2.6M | Reduce -0.5% |
Options reported separately and not counted above: IWM puts ($11.3M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $141 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | 20,186 | $141 | No change |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -66.4% | 1.42% | −2.24 |
| AVGO Broadcom Inc. | Reduce -70.5% | 0.67% | −1.01 |
| V Visa Inc. Class A | Reduce -74.7% | 0.39% | −0.80 |
| NVDA Nvidia Corp. | Reduce -51.6% | 1.60% | −0.74 |
| MA Mastercard Inc. Class A | Reduce -72.9% | 0.28% | −0.50 |
| PH Parker Hannifin Corp. | Reduce -97.0% | 0.02% | −0.48 |
| ORCL Oracle Corp. | Reduce -85.8% | 0.09% | −0.47 |
| MS Morgan Stanley | Reduce -83.5% | 0.14% | −0.45 |
| HD Home Depot Inc. | Reduce -70.3% | 0.34% | −0.45 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.44 |
| LIN Linde PLC | Reduce -95.3% | 0.04% | −0.41 |
| IWD iShares Russell 1000 Value E | Reduce -89.4% | 0.08% | −0.39 |
| JPM JPMorgan Chase & Co. | Reduce -47.9% | 0.96% | −0.37 |
| IEF iShares 7-10 Year Treasury B | Reduce -94.7% | 0.03% | −0.37 |
| META Meta Platforms Inc. Class A | Reduce -58.0% | 0.44% | −0.36 |
| TYA Simplify Intermediate Term | Reduce -89.0% | 0.07% | −0.36 |
| SPGI S&P Global Inc. | Reduce -92.8% | 0.04% | −0.36 |
| ACN Accenture PLC Class A | Reduce -94.4% | 0.02% | −0.33 |
| GOOGL Alphabet Inc. Class A | Reduce -41.1% | 1.43% | −0.32 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.32 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.32 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.32 |
| BND Vanguard Total Bond Market | Reduce -77.1% | 0.17% | −0.31 |
| LLY Eli Lilly & Co. | Reduce -62.6% | 0.29% | −0.31 |
| UNP Union Pacific Corp. | Reduce -69.4% | 0.28% | −0.30 |
| TJX TJX Companies Inc. | Reduce -72.1% | 0.23% | −0.30 |
| NEE Nextera Energy Inc. | Reduce -74.6% | 0.23% | −0.29 |
| CMS CMS Energy Corp. | Sold out | 0.00% | −0.27 |
| CB Chubb Ltd. | Reduce -82.3% | 0.10% | −0.25 |
| ETN Eaton Corp. PLC | Reduce -64.2% | 0.38% | −0.25 |
| GDX Vaneck Gold Miners ETF | Reduce -84.8% | 0.08% | −0.24 |
| PM Philip Morris International | Reduce -63.4% | 0.29% | −0.22 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.22 |
| CVX Chevron Corp. | Reduce -64.6% | 0.58% | −0.22 |
| UNH Unitedhealth Group Inc. | Reduce -64.5% | 0.17% | −0.22 |
| WMT Walmart Inc. | Reduce -54.1% | 0.73% | −0.22 |
| MDLZ Mondelez International Inc. Class A | Reduce -94.2% | 0.02% | −0.21 |
| MCD McDonald's Corp. | Reduce -60.9% | 0.32% | −0.21 |
| NOC Northrop Grumman Corp. | Reduce -93.2% | 0.03% | −0.20 |
| BLK BlackRock Inc. | Reduce -88.7% | 0.04% | −0.20 |
| PLD Prologis Inc. | Reduce -88.6% | 0.04% | −0.20 |
| XLK SS Technology Select Sector | Reduce -55.5% | 0.32% | −0.20 |
| MSI Motorola Solutions Inc. | Reduce -92.1% | 0.03% | −0.19 |
| SRE Sempra | Reduce -89.9% | 0.04% | −0.19 |
| SNA Snap-on Inc. | Sold out | 0.00% | −0.18 |
| ABBV Abbvie Inc. | Reduce -46.5% | 0.59% | −0.18 |
| HON Honeywell International Inc. | Reduce -70.5% | 0.19% | −0.18 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.18 |
| COF Capital One Financial Corp. | Reduce -87.3% | 0.03% | −0.18 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.17 |
Portfolio Buys Q4 2025 → Q1 2026
| AAPL Apple Inc. | Add +251.3% | 3.34% | +2.66 |
| AMZN Amazon.com Inc. | Add +342.7% | 1.68% | +1.40 |
| QQQ Invesco QQQ Trust Series 1 | Add +73.2% | 1.94% | +1.15 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +15.7% | 2.55% | +1.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +512.6% | 1.17% | +1.04 |
| IWM iShares Russell 2000 ETF | Add +29.0% | 1.32% | +0.65 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +58.1% | 0.97% | +0.57 |
| TIP iShares Tips Bond ETF | Add +204.0% | 0.72% | +0.57 |
| VOO Vanguard S&P 500 ETF | Add +9.3% | 1.45% | +0.53 |
| IVOL Quadratic Int Rte Vol Infl H | Add +2211.2% | 0.53% | +0.51 |
| IEI iShares 3-7 Year Treasury Bo | Add +184.4% | 0.63% | +0.48 |
| SGOV iShares 0-3 Month Treasury B | Add +4.7% | 1.27% | +0.47 |
| TLT iShares 20+ Year Treasury BD | Add +49.0% | 0.79% | +0.44 |
| SHV iShares 0-1 Year Treasury Bo | Add +134.8% | 0.59% | +0.42 |
| IBTH iShares Ibonds Dec 2027 Term | Add +60.6% | 0.71% | +0.42 |
| SHY iShares 1-3 Year Treasury Bo | Add +637.2% | 0.38% | +0.34 |
| RTX RTX Corp. | Add +204.5% | 0.41% | +0.32 |
| JNK SS SPDR BB High Yield Bond | Add +24.5% | 0.69% | +0.32 |
| AMD Advanced Micro Devices | Add +361.2% | 0.36% | +0.30 |
| MU Micron Technology Inc. | Add +18.9% | 0.54% | +0.29 |
| DFAE Dimensional Emerging Core Eq | New | 0.25% | +0.25 |
| EPP iShares MSCI Pacific Ex Japa | New | 0.25% | +0.25 |
| IWF iShares Russell 1000 Growth | Add +9.7% | 0.73% | +0.24 |
| TAN Invesco Solar ETF | New | 0.23% | +0.23 |
| XME SS SPDR S&P Metals Mining | Add +43.3% | 0.41% | +0.23 |
| DGRO iShares Core Dividend Growth | Add +193.2% | 0.29% | +0.23 |
| EFA iShares MSCI Eafe ETF | Add +2.0% | 0.55% | +0.20 |
| IJH iShares Core S&P Midcap ETF | Add +3.0% | 0.53% | +0.20 |
| IAU iShares Gold Trust | Add +13.7% | 0.41% | +0.19 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +24.8% | 0.41% | +0.19 |
| EWA iShares MSCI Australia ETF | New | 0.19% | +0.19 |
| APH Amphenol Corp. Class A | Add +298.0% | 0.22% | +0.18 |
| RSBA Retrn Stckd BD & MRGR Ar ETF | New | 0.18% | +0.18 |
| DIA SS SPDR Dow Jones Indus Avg | Add +0.2% | 0.56% | +0.18 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +71.1% | 0.28% | +0.17 |
| DVY iShares Select Dividend ETF | Add +5.6% | 0.42% | +0.17 |
| XHB SS SPDR S&P Homebldrs ETF | New | 0.16% | +0.16 |
| VGK Vanguard Ftse Europe ETF | Add +10.9% | 0.40% | +0.16 |
| EWJ iShares MSCI Japan ETF | New | 0.15% | +0.15 |
| AGG iShares Core U.S. Aggregate | Add +66.3% | 0.25% | +0.15 |
| STIP iShares 0-5 Year Tips Bond E | Add +243.6% | 0.17% | +0.14 |
| PWR Quanta Services Inc. | New | 0.13% | +0.13 |
| AMGN Amgen Inc. | Add +77.2% | 0.19% | +0.13 |
| TRV The Travelers Cos Inc. | Add +306.7% | 0.14% | +0.11 |
| XOP SS SPDR S&P Og Exp & Prod | Add +117.2% | 0.14% | +0.11 |
| SCHD Schwab US DVD Equity ETF | Add +3.8% | 0.25% | +0.11 |
| DIVO Amplify CWP Enhan Divid ETF | New | 0.10% | +0.10 |
| TGT Target Corp. | Add +287.0% | 0.12% | +0.10 |
| CGW Invesco S&P Global Water Ind | New | 0.10% | +0.10 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +7.2% | 0.26% | +0.10 |
Options Activity Q4 2025 → Q1 2026
| SMH Vaneck Semiconductor ETF | call | Sold out | 46,100 | $16.6Mbefore exit |
| IWM iShares Russell 2000 ETF | put | New | 45,700 | $11.3M |
| IWM iShares Russell 2000 ETF | call | Sold out | 43,100 | $10.6Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| SOUNW Soundhound AI Inc. | *W EXP 04/26/202 | Sold out | 19,100 | $66Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 672 | $1.2B | AAPL, GLD, QQQ, NVDA, VOO |
| Q1 2026 | 633 | $1.1B | AAPL, GLD, LQD, QQQ, AMZN |
| Q4 2025 | 878 | $1.7B | MSFT, NVDA, GLD, GOOGL, AVGO |
| Q3 2025 | 903 | $1.9B | AAPL, MSFT, NVDA, AMZN, GLD |
| Q2 2025 | 859 | $1.6B | MSFT, NVDA, GLD, SPY, AVGO |
| Q1 2025 | 841 | $1.6B | AAPL, MSFT, GLD, AMZN, NVDA |
| Q4 2024 | 836 | $1.6B | AAPL, MSFT, AMZN, NVDA, GLD |
| Q3 2024 | 816 | $1.5B | AAPL, MSFT, GLD, LQD, AMZN |
| Q2 2024 | 597 | $857.9M | AAPL, LQD, MSFT, SPY, GLD |
| Q1 2024 | 619 | $900.1M | AAPL, LQD, MSFT, GLD, HYG |