Inscription Capital, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed July 17, 2024), Inscription Capital, LLC reported 337 stock positions worth $606.0 million. Its top holding was Vanguard Tot World STK ETF (VT) at 9.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 5.6%) and Apple (AAPL, 4.0%). Compared with Q4 2023, it opened 128 new positions, sold out of 4, added to 157 and reduced 18. The biggest buy was Bank of America (BAC, shares +609%) and the biggest sale Ftai Aviation (FTAI, shares −69%).

Most Recent 13F
Q2 2026
Location
HOUSTON, TX
CIK
0001767868
Portfolio Value
$606.0M (Q1 2024)
SEC Filing
0001767868-24-000003 ↗ filed Jul 17, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $606.0M $606.0M Q1 2024 Q2 2024: $619.9M Q2 2024 Q3 2024: $671.0M Q3 2024 Q1 2025: $605.9M Q1 2025 Q2 2025: $693.7M Q2 2025 Q3 2025: $927.9M Q3 2025 Q4 2025: $973.9M Q4 2025 Q1 2026: $951.1M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 337 stocks · $606.0M
VT Vanguard Tot World STK ETF 9.71% 532,361 $58.8M Add +26.8%
SPY SS SPDR S&P 500 ETF Trust-US 5.65% 65,419 $34.2M Add +2.3%
AAPL Apple Inc. 3.99% 140,950 $24.2M Add +17.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.78% 604,072 $22.9M Add +609.0%
MSFT Microsoft Corp. 3.35% 48,266 $20.3M Add +29.0%
EPD Enterprise Products Partners 2.98% 619,597 $18.1M Add +96.0%
NKE Nike Inc. Class B 2.64% 170,365 $16.0M Add +1665.8%
BND Vanguard Total Bond Market 2.46% 205,230 $14.9M Add +58.4%
BIL SS SPDR BB 1-3M T-Bill ETF 2.37% 156,425 $14.4M Add +2.0%
GSLC Goldman Activebeta US LC ETF 2.33% 136,183 $14.1M Add +3.0%
CVX Chevron Corp. 1.96% 75,270 $11.9M Add +102.2%
IGOV iShares International Treasu 1.93% 294,514 $11.7M Add +50.3%
PG The Procter & Gamble Co. 1.69% 63,189 $10.3M Add +232.9%
GOOG Alphabet Inc. Class C 1.58% 62,735 $9.6M Add +26.7%
AMZN Amazon.com Inc. 1.47% 49,226 $8.9M Add +24.2%
NVDA Nvidia Corp. 1.15% 7,724 $7.0M Add +18.4%
JPM JPMorgan Chase & Co. 1.07% 32,315 $6.5M Add +170.7%
XOM Exxon Mobil Corp. 1.04% 54,157 $6.3M Add +41.0%
UNP Union Pacific Corp. 1.03% 25,473 $6.3M Add +696.0%
VTI VG Morningstar TS MKT ETF-US 0.91% 21,230 $5.5M Add +37.6%
QUAL iShares MSCI USA Quality Fac 0.90% 33,068 $5.4M Add +0.5%
WMT Walmart Inc. 0.89% 89,962 $5.4M Add +3.5%
GSG iShares S&P Gsci Commodity I 0.88% 242,252 $5.3M Add +46.9%
MRK Merck & Co. Inc. 0.82% 37,647 $5.0M Add +22.1%
PEP Pepsico Inc. 0.75% 26,013 $4.6M Add +11.0%
EMB iShares JP Morgan Usd Emergi 0.68% 45,693 $4.1M Add +43.1%
HD Home Depot Inc. 0.67% 10,555 $4.0M Add +7.7%
JNJ Johnson & Johnson 0.64% 24,418 $3.9M Add +12.7%
IAU iShares Gold Trust 0.62% 88,903 $3.7M Add +1.5%
MCD McDonald's Corp. 0.60% 12,925 $3.6M Add +17.0%
OXY Occidental Petroleum Corp. 0.59% 55,197 $3.6M Add +148.1%
OKE Oneok Inc. 0.58% 43,650 $3.5M New
ABBV Abbvie Inc. 0.58% 19,180 $3.5M Add +20.5%
ET Energy Transfer LP 0.58% 221,559 $3.5M New
GS Goldman Sachs Group Inc. 0.57% 8,249 $3.4M Add +4.6%
CL Colgate-Palmolive Co. 0.54% 36,307 $3.3M New
V Visa Inc. Class A 0.54% 11,708 $3.3M Add +39.9%
COP Conocophillips 0.52% 24,675 $3.1M Add +254.0%
EOG EOG Resources Inc. 0.51% 24,267 $3.1M Add +8.4%
SCHD Schwab US DVD Equity ETF 0.50% 37,742 $3.0M Add +86.1%
KO The Coca-Cola Co. 0.50% 49,229 $3.0M Add +37.0%
UNH Unitedhealth Group Inc. 0.50% 6,087 $3.0M Add +14.4%
GOOGL Alphabet Inc. Class A 0.48% 19,415 $2.9M Add +9.3%
BRK.B Berkshire Hathaway Inc. Class B 0.48% 6,947 $2.9M Add +41.8%
TGT Target Corp. 0.47% 15,914 $2.8M Add +15.1%
KMI Kinder Morgan Inc. 0.46% 151,239 $2.8M Add +15.7%
META Meta Platforms Inc. Class A 0.45% 5,612 $2.7M Add +43.0%
VLO Valero Energy Corp. 0.44% 15,731 $2.7M Add +10.4%
ACN Accenture PLC Class A 0.43% 7,582 $2.6M Add +21.7%
TRGP Targa Resources Corp. 0.43% 23,348 $2.6M New
BRK.A Berkshire Hathaway Inc. Class A 0.42% 4 $2.5M New
BA The Boeing Co. 0.40% 12,491 $2.4M Add +143.4%
QQQ Invesco QQQ Trust Series 1 0.38% 5,231 $2.3M Add +165.3%
EW Edwards Lifesciences Corp. 0.38% 24,000 $2.3M New
CSCO Cisco Systems Inc. 0.38% 45,779 $2.3M Add +48.7%
RTX RTX Corp. 0.36% 22,537 $2.2M Add +3.1%
PSX Phillips 66 0.35% 13,153 $2.1M Add +76.7%
VEA Vanguard Ftse Developed ETF 0.33% 40,218 $2.0M Add +210.9%
PB Prosperity Bancshares Inc. 0.32% 29,466 $1.9M Add +195.7%
COMB Graniteshares Bcom Broad STR 0.32% 97,091 $1.9M Add +1.0%
C Citigroup Inc. 0.31% 29,878 $1.9M Add +182.7%
CB Chubb Ltd. 0.31% 7,208 $1.9M Add +14.5%
VOO Vanguard S&P 500 ETF 0.31% 3,855 $1.9M Add +186.6%
CI The Cigna Group 0.30% 5,029 $1.8M Add +2.1%
GLD SPDR Gold Shares 0.29% 8,435 $1.7M Reduce -22.5%
BLK BlackRock Finance Inc. 0.27% 1,945 $1.6M Add +52.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.27% 8,440 $1.6M Add +39.8%
HSY The Hershey Co. 0.26% 8,057 $1.6M Add +1.6%
SBUX Starbucks Corp. 0.26% 17,000 $1.6M Add +9.1%
HES Hess Corp. 0.25% 10,100 $1.5M Add +232.6%
HON Honeywell International Inc. 0.25% 7,250 $1.5M Add +10.7%
PM Philip Morris International 0.24% 16,121 $1.5M Add +110.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.24% 11,790 $1.4M Add +18.4%
MSI Motorola Solutions Inc. 0.24% 4,055 $1.4M New
FSCO FS Credit Opportunities Corp. 0.23% 238,776 $1.4M Add +0.6%
SHEL Shell PLC-ADR 0.23% 20,613 $1.4M Add +142.9%
AMT American Tower Corp. 0.23% 6,948 $1.4M Reduce -2.5%
CAT Caterpillar Inc. 0.23% 3,732 $1.4M Add +33.4%
DMLP Dorchester Minerals LP 0.23% 40,500 $1.4M Add +20.9%
SMCI Super Micro Computer Inc. 0.22% 1,300 $1.3M New
IJR iShares Core S&P Small-Cap E 0.22% 11,814 $1.3M No change
TSLA Tesla Inc. 0.22% 7,415 $1.3M Add +116.0%
GSIE Goldman Sachs Activebeta Int 0.21% 37,407 $1.3M No change
COST Costco Wholesale Corp. 0.21% 1,734 $1.3M Add +9.5%
INTC Intel Corp. 0.21% 28,213 $1.2M Add +94.8%
VBTX Veritex Holdings Inc. 0.20% 57,732 $1.2M Add +53.0%
USMV iShares MSCI USA Min Vol Fac 0.19% 13,776 $1.2M No change
HCA HCA Healthcare Inc. 0.19% 3,445 $1.1M No change
MPLX MPLX LP 0.19% 27,625 $1.1M Add +65.6%
CMCSA Comcast Corp. Class A 0.19% 26,231 $1.1M Add +99.8%
MUB iShares National Muni Bond E 0.19% 10,533 $1.1M Reduce -9.4%
KRE SS SPDR S&P Regional Bank 0.18% 22,000 $1.1M Add +158.8%
GBIL Goldman Sachs Access Treasur 0.18% 10,927 $1.1M Reduce -3.0%
CYBR Cyberark Software Ltd./Israel 0.18% 4,100 $1.1M Add +2.5%
XLV SS Health Care Select Sector 0.18% 7,251 $1.1M Add +9.4%
ORCL Oracle Corp. 0.17% 8,438 $1.1M Add +44.1%
PFE Pfizer Inc. 0.17% 38,184 $1.1M Add +134.1%
AVGO Broadcom Inc. 0.17% 792 $1.0M Add +61.0%
LLY Eli Lilly & Co. 0.17% 1,306 $1.0M Add +37.9%
FIP Ftai Infrastructure Inc. 0.17% 161,500 $1.0M New

Show all 337 holdings

Other holdings (4): bonds, preferreds, convertibles and warrants · $1.2M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 446$532KNew
SABLE OFFSHORE CORP *W EXP 02/14/202 152,201$393KNew
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 5,595$241KNew
SEPAW Sep Acquisition Corp. -CW23 *W EXP 99/99/999 23,750$4KNo change

Total filed on the 13F, all lines: $607.1M.

Portfolio Sells Q4 2023 → Q1 2024
FTAI Ftai Aviation Ltd. Reduce -69.5% 0.11% −0.30
GLD SPDR Gold Shares Reduce -22.5% 0.29% −0.28
AMT American Tower Corp. Reduce -2.5% 0.23% −0.19
MUB iShares National Muni Bond E Reduce -9.4% 0.19% −0.16
BNDW Vanguard Total World Bond Et Reduce -35.8% 0.10% −0.15
EWJ iShares MSCI Japan ETF Sold out 0.00% −0.14
GBIL Goldman Sachs Access Treasur Reduce -3.0% 0.18% −0.13
ITA iShares U.S. Aerospace & Def Reduce -23.0% 0.10% −0.10
SPHY SS SPDR P High Yield ETF Reduce -8.3% 0.12% −0.10
DGX Quest Diagnostics Inc. Reduce -7.8% 0.11% −0.10
FLOT iShares Floating Rate Bond E Sold out 0.00% −0.09
BSJO Invesco Bulletshares 2024 HY Sold out 0.00% −0.08
NEE Nextera Energy Inc. Reduce -4.7% 0.10% −0.06
XLP SS Consumer Staples Sel Sect Reduce -25.7% 0.05% −0.06
XHB SS SPDR S&P Homebldrs ETF Reduce -6.0% 0.10% −0.05
XLK SS Technology Select Sector Reduce -20.5% 0.05% −0.05
GEM Goldman Sachs Activebeta Em Reduce -18.1% 0.05% −0.05
SO The Southern Co. Reduce -6.5% 0.05% −0.04
JPST JPMorgan Ultra-Short Income Reduce -2.8% 0.05% −0.03
MRSH Marsh & McLennan Cos Reduce -1.4% 0.05% −0.03
ACGL Arch Capital Group Ltd. Reduce -3.2% 0.04% −0.02
LGO Largo Inc. Sold out 0.00% −0.01

Portfolio Buys Q4 2023 → Q1 2024
BAC Bank of America Corp. Add +609.0% 3.78% +3.00
NKE Nike Inc. Class B Add +1665.8% 2.64% +2.36
PG The Procter & Gamble Co. Add +232.9% 1.69% +0.93
UNP Union Pacific Corp. Add +696.0% 1.03% +0.82
EPD Enterprise Products Partners Add +96.0% 2.98% +0.71
OKE Oneok Inc. New 0.58% +0.58
ET Energy Transfer LP New 0.58% +0.58
CL Colgate-Palmolive Co. New 0.54% +0.54
JPM JPMorgan Chase & Co. Add +170.7% 1.07% +0.51
CVX Chevron Corp. Add +102.2% 1.96% +0.44
TRGP Targa Resources Corp. New 0.43% +0.43
BRK.A Berkshire Hathaway Inc. Class A New 0.42% +0.42
EW Edwards Lifesciences Corp. New 0.38% +0.38
COP Conocophillips Add +254.0% 0.52% +0.30
NVDA Nvidia Corp. Add +18.4% 1.15% +0.27
MSI Motorola Solutions Inc. New 0.24% +0.24
OXY Occidental Petroleum Corp. Add +148.1% 0.59% +0.23
SMCI Super Micro Computer Inc. New 0.22% +0.22
FIP Ftai Infrastructure Inc. New 0.17% +0.17
VEA Vanguard Ftse Developed ETF Add +210.9% 0.33% +0.16
C Citigroup Inc. Add +182.7% 0.31% +0.16
QQQ Invesco QQQ Trust Series 1 Add +165.3% 0.38% +0.16
PAGP Plains GP Holdings LP New 0.16% +0.16
WMB Williams Cos Inc. New 0.15% +0.15
VOO Vanguard S&P 500 ETF Add +186.6% 0.31% +0.15
BAX Baxter International Inc. New 0.14% +0.14
SDY SS SPDR S&P Dividend ETF New 0.14% +0.14
PB Prosperity Bancshares Inc. Add +195.7% 0.32% +0.14
HES Hess Corp. Add +232.6% 0.25% +0.13
URI United Rentals Inc. New 0.13% +0.13
KLAC KLA Corp. New 0.13% +0.13
FENY Fidelity MSCI Energy Index New 0.13% +0.13
RHP Ryman Hospitality Properties New 0.12% +0.12
T AT&T Inc. New 0.12% +0.12
CAH Cardinal Health Inc. New 0.11% +0.11
JNK SS SPDR BB High Yield Bond New 0.11% +0.11
MS Morgan Stanley New 0.11% +0.11
NOBL Proshares S&P 500 Dividend A New 0.10% +0.10
NVO Novo-Nordisk A/S-Spons ADR New 0.10% +0.10
FPEI First Trust Institutional PR New 0.10% +0.10
ETRN Equitrans Midstream Corp. New 0.10% +0.10
COIN Coinbase Global Inc. Class A New 0.09% +0.09
RSP Invesco S&P 500 Equal Weight Add +303.3% 0.15% +0.09
ENB Enbridge Inc. New 0.09% +0.09
MAIN Main Street Capital Corp. New 0.09% +0.09
SCHW Schwab (charles) Corp. New 0.09% +0.09
MPC Marathon Petroleum Corp. New 0.09% +0.09
PSX Phillips 66 Add +76.7% 0.35% +0.08
MRO Marathon Oil Corp. New 0.08% +0.08
SCHD Schwab US DVD Equity ETF Add +86.1% 0.50% +0.08

Notes & Other Activity Q4 2023 → Q1 2024
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L New 446 $532K
SABLE OFFSHORE CORP *W EXP 02/14/202 New 152,201 $393K
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 New 5,595 $241K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 789$1.1BVT, SPY, AAPL, NVDA, BIL
Q1 2026 714$951.1MVT, SPY, AAPL, NVDA, BIL
Q4 2025 682$973.9MVT, SPY, AAPL, BIL, NVDA
Q3 2025 638$927.9MVT, SPY, AAPL, NVDA, MSFT
Q2 2025 477$693.7MVT, SPY, BIL, AAPL, MSFT
Q1 2025 337$605.9MVT, SPY, AAPL, BAC, MSFT
Q3 2024 366$671.0MVT, SPY, AAPL, GSST, BAC
Q2 2024 344$619.9MVT, SPY, AAPL, BAC, MSFT
Q1 2024Amended 337$606.0MVT, SPY, AAPL, BAC, MSFT