Islay Capital Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Islay Capital Management, LLC reported 213 stock positions worth $169.0 million. Its top holding was Schwab US DVD Equity ETF (SCHD) at 6.3% of the portfolio, followed by Angel Oak Ultrashort Income (UYLD, 4.6%) and Avantis US Small Cap Value (AVUV, 4.1%). Compared with Q3 2025, it opened 35 new positions, sold out of 36, added to 27 and reduced 49. The biggest buy was iShares JP Morgan Usd Emergi (EMB, shares +175%) and the biggest sale Schwab US Broad Market ETF (SCHB, shares −43%).

Most Recent 13F
Q2 2026
Location
Lubbock, TX
CIK
0001738560
Portfolio Value
$169.0M (Q4 2025)
SEC Filing
0001941040-26-000161 ↗ filed Feb 17, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $133.1M Q1 2024 Q2 2024: $138.0M Q2 2024 Q3 2024: $147.9M Q3 2024 Q4 2024: $142.9M Q4 2024 Q1 2025: $147.0M Q1 2025 Q2 2025: $154.0M Q2 2025 Q3 2025: $172.7M Q3 2025 Q4 2025: $169.0M $169.0M Q4 2025 Q1 2026: $195.9M Q1 2026 Q2 2026: $211.8M Q2 2026

Holdings 213 stocks · $169.0M
SCHD Schwab US DVD Equity ETF 6.28% 387,107 $10.6M Reduce -4.2%
UYLD Angel Oak Ultrashort Income 4.60% 152,077 $7.8M Add +5.4%
AVUV Avantis US Small Cap Value 4.11% 68,153 $7.0M Reduce -13.6%
RSPT Invesco S&P 500 Equal Weight 3.76% 139,568 $6.4M Add +7.4%
CORP PIMCO Inv Grade Corp. BD ETF 3.58% 61,921 $6.1M Add +26.6%
BIL SS SPDR BB 1-3M T-Bill ETF 3.53% 65,231 $6.0M Add +0.8%
AAPL Apple Inc. 3.11% 19,358 $5.3M Reduce -0.9%
BRK.B Berkshire Hathaway Inc. Class B 2.88% 9,682 $4.9M Reduce -0.6%
SCHO Schwab Short-Term US Treas 2.81% 194,627 $4.7M Reduce -5.5%
FRDM Freedom 100 Emeging MRKT ETF 2.69% 88,761 $4.6M Reduce -0.2%
MSFT Microsoft Corp. 2.46% 8,613 $4.2M Reduce -1.6%
IEMG iShares Core MSCI Emerging 2.39% 60,033 $4.0M Reduce -14.0%
SCHB Schwab US Broad Market ETF 2.35% 151,153 $4.0M Reduce -42.9%
CASY Casey's General Stores Inc. 2.01% 6,145 $3.4M Reduce -1.7%
AMZN Amazon.com Inc. 2.00% 14,613 $3.4M Reduce -2.0%
IFLN Invesco Bloomberg Enhanced F 1.94% 176,513 $3.3M Add +4.4%
GOOGL Alphabet Inc. Class A 1.75% 9,439 $3.0M Reduce -0.4%
WFC Wells Fargo & Co. 1.71% 31,072 $2.9M Reduce -1.5%
IEFA iShares Core MSCI Eafe ETF 1.69% 32,002 $2.9M Add +37.5%
COR Cencora Inc. 1.60% 7,987 $2.7M Add +30.0%
PLTR Palantir Technologies Inc. Class A 1.56% 14,819 $2.6M Reduce -1.9%
LMT Lockheed Martin Corp. 1.56% 5,438 $2.6M Add +5.6%
PLD Prologis Inc. 1.29% 17,043 $2.2M Reduce -2.3%
JNJ Johnson & Johnson 1.25% 10,223 $2.1M Add +5.8%
EMB iShares JP Morgan Usd Emergi 1.25% 21,894 $2.1M Add +174.9%
XOM Exxon Mobil Corp. 1.22% 17,084 $2.1M Reduce -2.2%
BNDX Vanguard Total Intl Bond ETF 1.14% 39,817 $1.9M Reduce -14.1%
OHI Omega Healthcare Investors 1.14% 43,336 $1.9M Reduce -2.0%
ALSN Allison Transmission Holding 1.14% 19,605 $1.9M Reduce -1.9%
CARY Angel Oak Income ETF 1.10% 89,150 $1.9M Add +227.8%
FCOR Fidelity Corporate Bond ETF 0.96% 34,020 $1.6M Add +21.6%
ONEQ Fidelity Nasdaq Comp Indx 0.90% 16,721 $1.5M Add +10.7%
FLTB Fidelity Ltd. TRM BND ETF 0.89% 29,532 $1.5M Reduce -14.2%
COP Conocophillips 0.88% 15,898 $1.5M Reduce -1.5%
DGRO iShares Core Dividend Growth 0.87% 21,295 $1.5M Reduce -21.4%
APO Apollo Global Management Inc. 0.86% 10,052 $1.5M Reduce -1.9%
FNF Fidelity National Financial 0.85% 26,307 $1.4M Reduce -2.6%
IVV iShares Core S&P 500 ETF 0.82% 2,026 $1.4M Reduce -26.1%
SLB SLB Ltd. filed as SLB LIMITED 0.80% 35,214 $1.4M Reduce -7.2%
PSLV Sprott Physical Silver Trust 0.80% 57,124 $1.4M No change
PHYS Sprott Physical Gold Trust 0.78% 40,161 $1.3M No change
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.78% 49,767 $1.3M Reduce -18.6%
XBXMX Nuveen S&P 500 Buy-WR Inc. 0.78% 89,516 $1.3M Reduce -11.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.78% 16,270 $1.3M Add +3.2%
TSCO Tractor Supply Company 0.74% 25,063 $1.3M Reduce -2.2%
DEM Wisdomtree Emerging Markets 0.69% 25,059 $1.2M Reduce -10.9%
CVX Chevron Corp. 0.67% 7,437 $1.1M Reduce -2.1%
KKR KKR & Co. Inc. 0.66% 8,797 $1.1M Reduce -10.0%
SCHG Schwab US Large-Cap Growth 0.65% 33,858 $1.1M No change
SCHW Schwab (charles) Corp. 0.65% 11,029 $1.1M Reduce -2.8%
DVY iShares Select Dividend ETF 0.64% 7,653 $1.1M Add +0.6%
AMLP Alerian MLP ETF 0.62% 22,207 $1.0M Add +2.4%
DG Dollar General Corp. 0.60% 7,660 $1.0M Add +15220.0%
SAIC Science Applications Inte 0.57% 9,646 $971K New
RGA Reinsurance Group of America 0.53% 4,377 $891K New
META Meta Platforms Inc. Class A 0.52% 1,324 $874K Reduce -2.4%
ELV Elevance Health Inc. 0.51% 2,472 $867K New
SFD Smithfield Foods Inc. 0.51% 38,412 $858K New
CATH Global X S&P 500 Ca Val ETF 0.51% 10,406 $856K No change
PPC Pilgrim's Pride Corp. 0.50% 21,829 $851K New
WNC Wabash National Corp. 0.50% 98,364 $851K New
UVE Universal Insurance Holdings 0.49% 24,736 $836K Add +7.8%
TNET Trinet Group Inc. 0.48% 13,638 $806K Add +78.8%
CAH Cardinal Health Inc. 0.47% 3,877 $797K Add +3.9%
USFD US Foods Holding Corp. 0.45% 10,177 $767K Add +40.7%
NVDA Nvidia Corp. 0.42% 3,765 $702K Reduce -12.7%
PARR Par Pacific Holdings Inc. 0.38% 18,191 $639K New
TLT iShares 20+ Year Treasury BD 0.34% 6,534 $570K Reduce -19.0%
PSX Phillips 66 0.33% 4,335 $559K No change
MPC Marathon Petroleum Corp. 0.32% 3,376 $549K No change
SSB Southstate Bank Corp. 0.23% 4,097 $386K New
PAA Plains All Amer Pipeline LP 0.19% 18,300 $329K No change
PDX PIMCO Dynamic Income Strat 0.18% 15,876 $298K Reduce -15.8%
HOMB Home Bancshares Inc. 0.16% 9,548 $265K New
RTX RTX Corp. 0.15% 1,353 $248K No change
SBR Sabine Royalty Trust 0.14% 3,500 $240K No change
OSK Oshkosh Corp. 0.13% 1,700 $214K No change
MHO M/I Homes Inc. 0.12% 1,550 $198K No change
SO The Southern Co. 0.11% 2,203 $192K No change
NG Novagold Resources Inc. 0.11% 20,000 $186K No change
IJR iShares Core S&P Small-Cap E 0.11% 1,481 $178K No change
KR Kroger Co. 0.10% 2,683 $168K Reduce -75.4%
HLNE Hamilton Lane Inc. Class A 0.10% 1,200 $161K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.09% 1,700 $160K No change
BX Blackstone Inc. 0.09% 1,000 $154K No change
LHX L3HARRIS Technologies Inc. 0.09% 523 $154K No change
JPM JPMorgan Chase & Co. 0.09% 465 $150K No change
DE Deere & Co. 0.09% 315 $147K No change
EPI Wisdomtree India Earnings 0.08% 3,000 $139K No change
NUV Nuveen Municipal Value 0.08% 15,250 $138K Add +32.6%
OEF iShares S&P 100 ETF 0.08% 400 $137K No change
DFH Dream Finders Homes Inc. Class A 0.08% 8,000 $137K Reduce -71.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.07% 3,657 $120K Add +15.8%
SBAR Simplify Barrier Income ETF 0.07% 4,275 $112K Add +52.7%
XV Simplify Target 15 Distr ETF 0.06% 4,275 $108K Add +52.7%
NRG NRG Energy Inc. 0.06% 680 $108K Reduce -0.9%
PRU Prudential Financial Inc. 0.06% 894 $101K No change
NZF Nuveen Municipal Credit Inc. 0.06% 8,000 $101K No change
MU Micron Technology Inc. 0.06% 350 $100K No change
EIM Eaton Vance Municipal Bond 0.06% 10,000 $97K No change
MCO Moody's Corp. 0.06% 183 $93K No change
KO The Coca-Cola Co. 0.05% 1,300 $91K No change
SPPP Sprott Physical Platinum And 0.05% 5,000 $84K No change
MRSH Marsh & McLennan Cos 0.05% 450 $83K No change
INTU Intuit Inc. 0.05% 117 $78K No change
NFLX Netflix Inc. 0.04% 750 $70K No change
CBOE Cboe Global Markets Inc. 0.04% 250 $63K No change
LST Leuthold Sel Ind filed as MANAGED PORTFOLIO SERIES 0.04% 1,541 $62K Add +1.4%
CRWD CrowdStrike Holdings Inc. Class A 0.04% 130 $61K No change
QUAL iShares MSCI USA Quality Fac 0.04% 300 $60K No change
XRNPX Cohen & Steers REIT and Pref 0.04% 3,000 $60K No change
ORCL Oracle Corp. 0.03% 300 $58K Reduce -0.3%
TYL Tyler Technologies Inc. 0.03% 125 $57K No change
IHE iShares US Pharmaceuticals E 0.03% 630 $53K No change
MDY State Street SPDR S&P Midcap 0.03% 88 $53K No change
QCOM Qualcomm Inc. 0.03% 300 $51K No change
WMT Walmart Inc. 0.03% 450 $50K No change
IBIT iShares Bitcoin Trust ETF 0.03% 1,000 $50K No change
MO Altria Group Inc. 0.03% 842 $49K No change
FG F&G Annuities & Life Inc. 0.03% 1,560 $48K New
OKE Oneok Inc. 0.03% 600 $44K No change
GLD SPDR Gold Shares 0.02% 100 $40K Reduce -2.9%
MTUM iShares MSCI USA Momentum Fa 0.02% 150 $38K No change
ENB Enbridge Inc. 0.02% 777 $37K No change
ADBE Adobe Inc. 0.02% 105 $37K No change
NUTX Nutex Health Inc. 0.02% 209 $34K New
VCSH Vanguard S/T Corp. Bond ETF 0.02% 430 $34K No change
UNH Unitedhealth Group Inc. 0.02% 100 $33K No change
QQQ Invesco QQQ Trust Series 1 0.02% 52 $32K New
PFF iShares Preferred & Income S 0.02% 1,000 $31K No change
PFE Pfizer Inc. 0.02% 1,236 $31K No change
TSM Taiwan Semiconductor-SP ADR 0.02% 100 $30K No change
AESI Atlas Energy Solutions Inc. 0.02% 3,000 $28K New
AVDV Avantis Intl S/C Value ETF 0.02% 300 $28K No change
NBR Nabors Industries Ltd. 0.02% 481 $26K New
REMX Vaneck Rar Earth ND STG-Usdi 0.02% 350 $26K No change
SCHA Schwab US Small-Cap ETF 0.02% 900 $26K No change
GIL Gildan Activewear Inc. 0.01% 407 $25K New
CLMT Calumet Inc. 0.01% 1,245 $25K New
SYK Stryker Corp. 0.01% 70 $25K No change
APA Apa Corp. 0.01% 1,000 $24K No change
SFM Sprouts Farmers Market Inc. 0.01% 300 $24K Reduce -25.0%
CMPR Cimpress PLC 0.01% 349 $23K New
AOMR Angel Oak Mortgage REIT Inc. 0.01% 2,500 $22K No change
JCPB JPMorgan Core Plus Bond ETF 0.01% 440 $21K New
VCRB Vanguard Core Bond ETF 0.01% 265 $21K New
IDR Idaho Strategic Resources Inc. 0.01% 500 $20K No change
HELO JPMorgan Hedged Equity ETF 0.01% 300 $20K New
TGT Target Corp. 0.01% 200 $20K Reduce -96.7%
IVOL Quadratic Int Rte Vol Infl H 0.01% 1,000 $19K Reduce -58.3%
VNQ Vanguard Real Estate ETF 0.01% 205 $18K No change
RRC Range Resources Corp. 0.01% 500 $18K No change
ET Energy Transfer LP 0.01% 1,024 $17K No change
CRM Salesforce Inc. 0.01% 60 $16K No change
BROS Dutch Bros Inc. Class A 0.01% 250 $15K No change
DFAE Dimensional Emerging Core Eq 0.01% 450 $15K New
IAUX I-80 Gold Corp. 0.01% 10,000 $15K New
STZ Constellation Brands Inc. Class A 0.01% 100 $14K New
SPHQ Invesco S&P 500 Quality ETF 0.01% 175 $13K New
VALE Vale SA-SP ADR 0.01% 1,000 $13K No change
RANI Rani Therapeutics Holdings Class A 0.01% 9,611 $13K No change
QLTY GMO U.S. Quality ETF 0.01% 325 $13K New
VTV Vanguard Mrngstr Val ETF-Aui 0.01% 60 $11K New
GDXJ Vaneck Junior Gold Miners 0.01% 100 $11K No change
ZS Zscaler Inc. 0.01% 50 $11K No change
RGLD Royal Gold Inc. 0.01% 50 $11K No change
BABA Alibaba Group Holding-SP ADR 0.01% 75 $11K No change
TXN Texas Instruments Inc. 0.01% 61 $11K Reduce -38.4%
TXRH Texas Roadhouse Inc. 0.01% 63 $10K No change
VB Vanguard Most SM-Cap ETF-Usd 0.01% 40 $10K New
NAK Northern Dynasty Minerals 0.01% 5,000 $10K New
WRAP Wrap Technologies Inc. 0.01% 4,000 $10K New
MIND Mind Technology Inc. 0.01% 1,000 $9K No change
SLVP iShares MSCI Global Silver A 0.01% 250 $9K No change
CRGY Crescent Energy Inc. Class A 0.01% 1,000 $8K No change
UBER Uber Technologies Inc. 0.00% 100 $8K No change
VZ Verizon Communications Inc. 0.00% 190 $8K No change
ARKK ARK Innovation ETF 0.00% 100 $8K No change
VGT Vanguard Info Tech ETF 0.00% 10 $8K No change
BOOM DMC Global Inc. 0.00% 1,000 $7K New
EMR Emerson Electric Co. 0.00% 50 $7K No change
CTVA Corteva Inc. 0.00% 85 $6K No change
MOH Molina Healthcare Inc. 0.00% 31 $5K Reduce -34.0%
XYZ Block Inc. 0.00% 70 $5K No change
ROKU Roku Inc. 0.00% 40 $4K No change
CAT Caterpillar Inc. 0.00% 7 $4K Add +40.0%
SOUN Soundhound AI Inc. Class A 0.00% 400 $4K No change
Q Qnity Electronics Inc. 0.00% 42 $3K No change
DD Dupont DE Nemours Inc. 0.00% 85 $3K No change
VLRS Controladora Vuela Cia-ADR 0.00% 350 $3K No change
IVE iShares S&P 500 Value ETF 0.00% 14 $3K No change
IMCV iShares Morningstar Mid-Cap 0.00% 30 $2K No change
RJF Raymond James Financial Inc. 0.00% 15 $2K New
EEM iShares MSCI Emerging Market 0.00% 42 $2K No change
SPSM SS SPDR P S&P 600 Small Cap 0.00% 47 $2K No change
NUE Nucor Corp. 0.00% 12 $2K New
LYFT LYFT Inc. Class A 0.00% 80 $2K No change
TTWO Take-Two Interactive Softwre 0.00% 3 $768 No change
FBLG Fibrobiologics Inc. 0.00% 3,391 $763 No change
GEV GE Vernova Inc. 0.00% 1 $654 New
KD Kyndryl Holdings Inc. 0.00% 20 $531 No change
CRON Cronos Group Inc. 0.00% 200 $526 No change
UNP Union Pacific Corp. 0.00% 2 $463 New
RC Ready Capital Corp. 0.00% 208 $453 No change
DKNG Draftkings Inc. Class A 0.00% 9 $310 No change
EDIT Editas Medicine Inc. 0.00% 150 $308 Reduce -50.0%
SABR Sabre Corp. 0.00% 200 $272 No change
ASPI Asp Isotopes Inc. 0.00% 39 $209 No change
HAL Halliburton Co. 0.00% 6 $170 No change
TOKE Cambria Cannabis ETF 0.00% 20 $123 No change
APLD Applied Digital Corp. 0.00% 2 $49 New
SCHF Schwab Intl Equity ETF 0.00% 1 $17 Reduce -96.5%
COOK Traeger Inc. 0.00% 5 $5 No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $1.1M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 595$721KReduce -6.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 300$376KNo change

Total filed on the 13F, all lines: $170.1M.

Portfolio Sells Q3 2025 → Q4 2025
SCHB Schwab US Broad Market ETF Reduce -42.9% 2.35% −1.60
OXY Occidental Petroleum Corp. Sold out 0.00% −1.46
AVUV Avantis US Small Cap Value Reduce -13.6% 4.11% −0.43
SBH Sally Beauty Holdings Inc. Sold out 0.00% −0.37
UHS Universal Health Services-B Sold out 0.00% −0.36
DFH Dream Finders Homes Inc. Class A Reduce -71.3% 0.08% −0.34
HBI Hanesbrands Inc. Sold out 0.00% −0.33
MUSA Murphy USA Inc. Sold out 0.00% −0.33
SYY Sysco Corp. Sold out 0.00% −0.33
KR Kroger Co. Reduce -75.4% 0.10% −0.33
BBY Best Buy Co. Inc. Sold out 0.00% −0.33
AN Autonation Inc. Sold out 0.00% −0.32
GIII G-III Apparel Group Ltd. Sold out 0.00% −0.32
ABG Asbury Automotive Group Sold out 0.00% −0.31
BJ Bj's Wholesale Club Holdings Sold out 0.00% −0.30
HPQ HP Inc. Sold out 0.00% −0.30
GPI Group 1 Automotive Inc. Sold out 0.00% −0.30
TGT Target Corp. Reduce -96.7% 0.01% −0.30
WU Western Union Co. Sold out 0.00% −0.29
PRG Prog Holdings Inc. Sold out 0.00% −0.29
UAL United Airlines Holdings Inc. Sold out 0.00% −0.29
DAL Delta Air Lines Inc. Sold out 0.00% −0.29
SON Sonoco Products Co. Sold out 0.00% −0.29
ACI Albertsons Cos Inc. Class A Sold out 0.00% −0.29
IEMG iShares Core MSCI Emerging Reduce -14.0% 2.39% −0.28
IVV iShares Core S&P 500 ETF Reduce -26.1% 0.82% −0.24
DGRO iShares Core Dividend Growth Reduce -21.4% 0.87% −0.19
BNDX Vanguard Total Intl Bond ETF Reduce -14.1% 1.14% −0.19
SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -18.6% 0.78% −0.17
CI The Cigna Group Sold out 0.00% −0.16
MSFT Microsoft Corp. Reduce -1.6% 2.46% −0.16
FLTB Fidelity Ltd. TRM BND ETF Reduce -14.2% 0.89% −0.12
SCHD Schwab US DVD Equity ETF Reduce -4.2% 6.28% −0.11
SCHO Schwab Short-Term US Treas Reduce -5.5% 2.81% −0.10
TSCO Tractor Supply Company Reduce -2.2% 0.74% −0.10
FNF Fidelity National Financial Reduce -2.6% 0.85% −0.10
PDX PIMCO Dynamic Income Strat Reduce -15.8% 0.18% −0.10
TLT iShares 20+ Year Treasury BD Reduce -19.0% 0.34% −0.08
KKR KKR & Co. Inc. Reduce -10.0% 0.66% −0.07
XBXMX Nuveen S&P 500 Buy-WR Inc. Reduce -11.4% 0.78% −0.07
META Meta Platforms Inc. Class A Reduce -2.4% 0.52% −0.06
DEM Wisdomtree Emerging Markets Reduce -10.9% 0.69% −0.06
HPK Highpeak Energy Inc. Sold out 0.00% −0.05
NVDA Nvidia Corp. Reduce -12.7% 0.42% −0.05
PLTR Palantir Technologies Inc. Class A Reduce -1.9% 1.56% −0.04
CASY Casey's General Stores Inc. Reduce -1.7% 2.01% −0.04
CLF Cleveland-Cliffs Inc. Sold out 0.00% −0.04
IVOL Quadratic Int Rte Vol Infl H Reduce -58.3% 0.01% −0.02
ORCL Oracle Corp. Reduce -0.3% 0.03% −0.01
CVX Chevron Corp. Reduce -2.1% 0.67% −0.01

Portfolio Buys Q3 2025 → Q4 2025
EMB iShares JP Morgan Usd Emergi Add +174.9% 1.25% +0.81
CORP PIMCO Inv Grade Corp. BD ETF Add +26.6% 3.58% +0.79
CARY Angel Oak Income ETF Add +227.8% 1.10% +0.77
DG Dollar General Corp. Add +15220.0% 0.60% +0.60
SAIC Science Applications Inte New 0.57% +0.57
RGA Reinsurance Group of America New 0.53% +0.53
IEFA iShares Core MSCI Eafe ETF Add +37.5% 1.69% +0.52
ELV Elevance Health Inc. New 0.51% +0.51
SFD Smithfield Foods Inc. New 0.51% +0.51
PPC Pilgrim's Pride Corp. New 0.50% +0.50
WNC Wabash National Corp. New 0.50% +0.50
COR Cencora Inc. Add +30.0% 1.60% +0.48
RSPT Invesco S&P 500 Equal Weight Add +7.4% 3.76% +0.40
PARR Par Pacific Holdings Inc. New 0.38% +0.38
UYLD Angel Oak Ultrashort Income Add +5.4% 4.60% +0.33
SSB Southstate Bank Corp. New 0.23% +0.23
JNJ Johnson & Johnson Add +5.8% 1.25% +0.21
FCOR Fidelity Corporate Bond ETF Add +21.6% 0.96% +0.19
TNET Trinet Group Inc. Add +78.8% 0.48% +0.18
HOMB Home Bancshares Inc. New 0.16% +0.16
UVE Universal Insurance Holdings Add +7.8% 0.49% +0.15
USFD US Foods Holding Corp. Add +40.7% 0.45% +0.13
CAH Cardinal Health Inc. Add +3.9% 0.47% +0.13
ONEQ Fidelity Nasdaq Comp Indx Add +10.7% 0.90% +0.13
IFLN Invesco Bloomberg Enhanced F Add +4.4% 1.94% +0.12
BIL SS SPDR BB 1-3M T-Bill ETF Add +0.8% 3.53% +0.09
LMT Lockheed Martin Corp. Add +5.6% 1.56% +0.07
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +3.2% 0.78% +0.03
FG F&G Annuities & Life Inc. New 0.03% +0.03
AMLP Alerian MLP ETF Add +2.4% 0.62% +0.03
SBAR Simplify Barrier Income ETF Add +52.7% 0.07% +0.02
NUV Nuveen Municipal Value Add +32.6% 0.08% +0.02
XV Simplify Target 15 Distr ETF Add +52.7% 0.06% +0.02
NUTX Nutex Health Inc. New 0.02% +0.02
QQQ Invesco QQQ Trust Series 1 New 0.02% +0.02
AESI Atlas Energy Solutions Inc. New 0.02% +0.02
NBR Nabors Industries Ltd. New 0.02% +0.02
GIL Gildan Activewear Inc. New 0.01% +0.01
CLMT Calumet Inc. New 0.01% +0.01
CMPR Cimpress PLC New 0.01% +0.01
DVY iShares Select Dividend ETF Add +0.6% 0.64% +0.01
JCPB JPMorgan Core Plus Bond ETF New 0.01% +0.01
VCRB Vanguard Core Bond ETF New 0.01% +0.01
HELO JPMorgan Hedged Equity ETF New 0.01% +0.01
SCHE Schwab Emrg Mrkts Eqty ETF Add +15.8% 0.07% +0.01
DFAE Dimensional Emerging Core Eq New 0.01% +0.01
IAUX I-80 Gold Corp. New 0.01% +0.01
STZ Constellation Brands Inc. Class A New 0.01% +0.01
SPHQ Invesco S&P 500 Quality ETF New 0.01% +0.01
QLTY GMO U.S. Quality ETF New 0.01% +0.01

Options Activity Q3 2025 → Q4 2025
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 1,500 $999Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q3 2025 → Q4 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -6.3% 595 $721K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 226$211.8MBIL, SCHD, UYLD, AVUV, CORP
Q1 2026 201$195.9MBIL, SCHD, UYLD, AVUV, CORP
Q4 2025 213$169.0MSCHD, UYLD, AVUV, RSPT, CORP
Q3 2025 213$172.7MSCHD, AVUV, UYLD, SCHB, BIL
Q2 2025 199$154.0MSCHD, AVUV, SCHB, RSPT, SCHO
Q1 2025 182$147.0MSCHD, AVUV, SCHB, SCHO, RSPT
Q4 2024 202$142.9MSCHD, SCHB, AVUV, AAPL, RSPT
Q3 2024Amended 206$147.9MSCHD, SCHB, RSPT, AVUV, BIL
Q2 2024 195$138.0MSCHD, SCHB, RSPT, AVUV, AAPL
Q1 2024 195$133.1MSCHD, SCHB, RSPT, AVUV, BRK.B