Jackson Hole Capital Partners, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Jackson Hole Capital Partners, LLC reported 281 stock positions worth $545.4 million. Its top holding was Alliance Resource Partners (ARLP) at 10.1% of the portfolio, followed by Microsoft (MSFT, 3.8%) and Alphabet Class C (GOOG, 3.1%). Compared with Q1 2025, it opened 8 new positions, sold out of 4, added to 117 and reduced 21. The biggest buy was Microsoft (MSFT, shares +3%) and the biggest sale an exit from CVS Health (CVS).

Most Recent 13F
Q1 2026
Location
TULSA, OK
CIK
0001767049
Portfolio Value
$545.4M (Q2 2025)
SEC Filing
0001398344-25-014217 ↗ filed Jul 31, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $436.7M Q1 2024 Q2 2024: $454.0M Q2 2024 Q3 2024: $479.5M Q3 2024 Q4 2024: $495.1M Q4 2024 Q1 2025: $503.8M Q1 2025 Q2 2025: $545.4M $545.4M Q2 2025 Q3 2025: $584.7M Q3 2025 Q4 2025: $584.0M Q4 2025 Q1 2026: $603.8M Q1 2026

Holdings 281 stocks · $545.4M

ARLP Alliance Resource Partners 10.06% 2,099,789 $54.9M Add +0.1%
MSFT Microsoft Corp. 3.77% 41,306 $20.5M Add +2.7%
GOOG Alphabet Inc. Class C 3.06% 93,944 $16.7M Add +1.4%
AAPL Apple Inc. 3.03% 80,526 $16.5M Add +9.5%
IVV iShares Core S&P 500 ETF 2.57% 22,617 $14.0M Reduce -0.5%
WMB Williams Cos Inc. 2.13% 184,708 $11.6M Reduce -2.6%
META Meta Platforms Inc. Class A 1.98% 14,646 $10.8M Reduce -0.5%
AMZN Amazon.com Inc. 1.86% 46,313 $10.2M Add +6.3%
APO Apollo Global Management Inc. 1.85% 71,291 $10.1M Add +4.6%
REPX Riley Exploration Permian Inc. 1.66% 346,039 $9.1M Reduce -6.2%
IEFA iShares Core MSCI Eafe ETF 1.65% 107,563 $9.0M Add +2.5%
QQQ Invesco QQQ Trust Series 1 1.43% 14,115 $7.8M Add +7.5%
EPD Enterprise Products Partners 1.36% 238,489 $7.4M Add +14.9%
AGG iShares Core U.S. Aggregate 1.34% 73,751 $7.3M Add +0.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.31% 24,311 $7.2M Add +0.8%
OKE Oneok Inc. 1.23% 81,923 $6.7M Add +24.6%
ABBV Abbvie Inc. 1.22% 35,764 $6.6M Add +0.7%
SO The Southern Co. 1.20% 71,554 $6.6M Add +0.7%
KMI Kinder Morgan Inc. 1.20% 222,396 $6.5M Add +1.4%
WMT Walmart Inc. 1.16% 64,584 $6.3M Add +0.6%
RTX RTX Corp. 1.13% 42,367 $6.2M Add +1.9%
VWO Vanguard Ftse Emerging Marke 1.06% 117,023 $5.8M Add +2.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.05% 9,272 $5.7M Add +9.6%
KO The Coca-Cola Co. 1.04% 79,836 $5.6M Add +1.1%
C Citigroup Inc. 1.00% 64,194 $5.5M Add +6.2%
DUK Duke Energy Corp. 1.00% 46,052 $5.4M Add +3.5%
IVW iShares S&P 500 Growth ETF 0.98% 48,513 $5.3M Reduce -5.0%
TSM Taiwan Semiconductor-SP ADR 0.97% 23,393 $5.3M Add +3.7%
PEP Pepsico Inc. 0.96% 39,646 $5.2M Add +6.2%
LMT Lockheed Martin Corp. 0.91% 10,753 $5.0M Add +3.2%
UBER Uber Technologies Inc. 0.89% 52,173 $4.9M Add +2.5%
WFC Wells Fargo & Co. 0.82% 55,989 $4.5M Add +7.9%
MRK Merck & Co. Inc. 0.81% 55,973 $4.4M Add +5.9%
JPM JPMorgan Chase & Co. 0.78% 14,581 $4.2M Add +0.1%
CRM Salesforce Inc. 0.76% 15,247 $4.2M Add +8.9%
T AT&T Inc. 0.75% 141,483 $4.1M Add +0.2%
IVE iShares S&P 500 Value ETF 0.73% 20,345 $4.0M Reduce -2.1%
ADBE Adobe Inc. 0.72% 10,204 $3.9M Add +9.5%
GILD Gilead Sciences Inc. 0.71% 34,696 $3.8M Add +1.8%
EXE Expand Energy Corp. 0.70% 32,603 $3.8M Add +4.1%
NTR Nutrien Ltd. 0.70% 65,188 $3.8M Add +6.3%
ET Energy Transfer LP 0.69% 208,838 $3.8M Add +7.5%
SONY Sony Group Corp. - SP ADR 0.68% 141,949 $3.7M Reduce -0.9%
FE Firstenergy Corp. 0.66% 89,319 $3.6M Add +5.5%
V Visa Inc. Class A 0.66% 10,116 $3.6M Add +5.5%
IWF iShares Russell 1000 Growth 0.66% 8,429 $3.6M No change
D Dominion Energy Inc. 0.64% 61,748 $3.5M Add +9.4%
VZ Verizon Communications Inc. 0.63% 79,875 $3.5M Add +6.7%
BP BP PLC-Spons ADR 0.61% 110,811 $3.3M Add +19.3%
BN Brookfield Corp. 0.60% 53,056 $3.3M Add +5.2%
UNH Unitedhealth Group Inc. 0.60% 10,478 $3.3M Add +22.3%
MCD McDonald's Corp. 0.59% 10,998 $3.2M Reduce -2.9%
ZTS Zoetis Inc. 0.58% 20,250 $3.2M Add +3.2%
MPLX MPLX LP 0.57% 60,067 $3.1M Add +1.6%
PFE Pfizer Inc. 0.56% 125,819 $3.0M Add +13.5%
TGT Target Corp. 0.54% 30,035 $3.0M New
NVDA Nvidia Corp. 0.52% 18,024 $2.8M Add +13.6%
DOC Healthpeak Properties Inc. 0.52% 160,905 $2.8M Add +24.0%
LHX L3HARRIS Technologies Inc. 0.49% 10,745 $2.7M Add +2.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.49% 21,719 $2.7M Add +17.5%
MLM Martin Marietta Materials 0.49% 4,868 $2.7M Add +3.4%
IBIT iShares Bitcoin Trust ETF 0.49% 43,552 $2.7M No change
PG The Procter & Gamble Co. 0.48% 16,539 $2.6M Add +3.8%
DINO HF Sinclair Corp. 0.48% 63,807 $2.6M Add +32.2%
CVX Chevron Corp. 0.48% 18,207 $2.6M Add +39.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.47% 5,865 $2.6M No change
ENB Enbridge Inc. 0.47% 56,538 $2.6M Add +1.9%
AMLP Alerian MLP ETF 0.47% 51,912 $2.5M Reduce -1.0%
LAZ Lazard Inc. 0.46% 52,343 $2.5M Add +44.5%
VRT Vertiv Holdings Co. Class A 0.46% 19,530 $2.5M Add +16.6%
NLY Annaly Capital Management Inc. 0.46% 132,796 $2.5M Add +27.9%
SCHB Schwab US Broad Market ETF 0.45% 103,424 $2.5M Add +0.0%
ELV Elevance Health Inc. 0.43% 6,002 $2.3M Reduce -0.0%
PAYC Paycom Software Inc. 0.43% 10,060 $2.3M No change
ESTC Elastic NV 0.43% 27,534 $2.3M Add +26.0%
BAR Graniteshares Gold Trust 0.43% 71,069 $2.3M No change
FISV Fiserv Inc. 0.42% 13,271 $2.3M Add +5.1%
JCI Johnson Controls Internation 0.40% 20,658 $2.2M Add +3.1%
SLV iShares Silver Trust 0.39% 64,829 $2.1M No change
DAL Delta Air Lines Inc. 0.38% 42,447 $2.1M Add +29.4%
BABA Alibaba Group Holding-SP ADR 0.38% 18,344 $2.1M Add +2.5%
XOM Exxon Mobil Corp. 0.38% 19,133 $2.1M Add +70.4%
GOOGL Alphabet Inc. Class A 0.37% 11,397 $2.0M Add +1.6%
AEP American Electric Power 0.35% 18,553 $1.9M Add +9.5%
XLV SS Health Care Select Sector 0.35% 14,144 $1.9M Add +2.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 10,263 $1.8M No change
VRP Invesco Variable Rate Prefer 0.32% 71,743 $1.8M Reduce -0.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.32% 3,955 $1.7M No change
GRAL Grail Inc. 0.31% 33,000 $1.7M No change
DOW Dow Inc. 0.28% 58,074 $1.5M Add +68.3%
LPG Dorian LPG Ltd. 0.28% 62,750 $1.5M Add +8.7%
CNC Centene Corp. 0.27% 27,564 $1.5M Add +1.6%
BA The Boeing Co. 0.27% 6,980 $1.5M Add +34.5%
EA Electronic Arts Inc. 0.27% 9,061 $1.4M Add +3.5%
XLE SS Energy Select Sector 0.26% 16,476 $1.4M Add +0.6%
DVN Devon Energy Corp. 0.25% 42,936 $1.4M Add +85.7%
NBHC National Bank Hold Class A 0.25% 36,236 $1.4M Reduce -25.6%
COP Conocophillips 0.24% 14,295 $1.3M No change
XLP SS Consumer Staples Sel Sect 0.21% 14,235 $1.2M No change
TRGP Targa Resources Corp. 0.21% 6,436 $1.1M No change
BHP BHP Group Ltd.-Spon ADR 0.19% 22,046 $1.1M Add +17.2%
HEWJ Isha Curr Hedged MSCI Japan 0.19% 23,375 $1.0M No change
VTIP Vanguard Short-Term Tips 0.19% 20,577 $1.0M Add +0.1%
VCSH Vanguard S/T Corp. Bond ETF 0.19% 12,983 $1.0M No change
VGSH Vanguard Short-Term Treasury 0.19% 17,481 $1.0M Reduce -21.5%
PAA Plains All Amer Pipeline LP 0.19% 55,296 $1.0M Add +2.3%
SMH Vaneck Semiconductor ETF 0.18% 3,612 $1.0M No change
EHAB Enhabit Inc. 0.18% 103,765 $1.0M No change
VYM Vanguard High DVD Yield ETF 0.18% 7,445 $992K No change
BRK.B Berkshire Hathaway Inc. Class B 0.17% 1,888 $917K No change
IWR iShares Russell Mid-Cap ETF 0.17% 9,927 $913K No change
YUM Yum! Brands Inc. 0.16% 5,887 $872K No change
XLRE SS Real Estate Select Sector 0.16% 20,519 $850K Add +2.4%
IWM iShares Russell 2000 ETF 0.15% 3,918 $845K No change
QCOM Qualcomm Inc. 0.15% 5,265 $839K No change
RIO Rio Tinto PLC-Spon ADR 0.15% 14,170 $827K Add +39.3%
CTVA Corteva Inc. 0.15% 11,008 $820K Reduce -0.4%
VIGI Vanguard Int Div App Indx FD 0.14% 8,743 $788K Add +0.0%
LLY Eli Lilly & Co. 0.14% 1,011 $788K Reduce -4.3%
INDA iShares MSCI India ETF 0.14% 14,053 $782K No change
VLO Valero Energy Corp. 0.14% 5,746 $772K Add +51.6%
CAT Caterpillar Inc. 0.14% 1,983 $770K No change
PLTR Palantir Technologies Inc. Class A 0.13% 5,395 $735K Add +42.2%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.13% 8,950 $731K Add +4.4%
TOTL SS Doubleline TR Tact ETF 0.13% 17,706 $710K No change
DVY iShares Select Dividend ETF 0.12% 5,044 $670K No change
GLD SPDR Gold Shares 0.12% 2,192 $668K No change
MA Mastercard Inc. Class A 0.12% 1,179 $662K No change
XLK SS Technology Select Sector 0.12% 2,566 $650K No change
IJH iShares Core S&P Midcap ETF 0.12% 10,336 $641K Add +1.3%
IWP iShares Russell Mid-Cap Grow 0.12% 4,608 $639K No change
MLI Mueller Industries Inc. 0.11% 7,800 $620K No change
MO Altria Group Inc. 0.11% 10,476 $614K Add +3.3%
GSY Invesco Ultra Short Duration 0.11% 12,219 $613K No change
VIG Vanguard Dividend Apprec ETF 0.11% 2,943 $602K No change
AVGO Broadcom Inc. 0.11% 2,140 $590K Add +0.8%
PSX Phillips 66 0.11% 4,880 $582K Add +0.0%
XLF SS Financial Select Sector 0.11% 11,107 $582K No change
XLI SS Industrial Select Sector 0.11% 3,919 $578K Add +4.2%
BAM Brookfield Asset Mgmt-A 0.10% 10,310 $570K Add +5.2%
DGRO iShares Core Dividend Growth 0.10% 8,884 $568K No change
ORCL Oracle Corp. 0.10% 2,593 $567K No change
DD Dupont DE Nemours Inc. 0.10% 8,018 $550K Add +11.5%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.10% 5,868 $540K No change
HD Home Depot Inc. 0.09% 1,390 $510K Add +0.7%
IJR iShares Core S&P Small-Cap E 0.09% 4,610 $504K Add +2.6%
LRCX Lam Research Corp. 0.09% 4,950 $482K No change
IBDQ iShares Ibonds Dec 2025 Term 0.09% 18,958 $477K No change
BLK BlackRock Inc. 0.09% 451 $473K Add +0.5%
KVUE Kenvue Inc. 0.09% 22,360 $468K No change
ONEQ Fidelity Nasdaq Comp Indx 0.08% 5,778 $463K No change
EFA iShares MSCI Eafe ETF 0.08% 5,168 $462K No change
MPC Marathon Petroleum Corp. 0.08% 2,748 $456K No change
PDI PIMCO Dynamic Income Fund 0.08% 22,632 $429K Add +73.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 8,837 $418K Add +0.0%
TRP TC Energy Corp. 0.08% 8,560 $418K No change
XLY SS Consumer Disc Select Sect 0.07% 1,867 $406K Add +2.6%
SBUX Starbucks Corp. 0.07% 4,173 $382K No change
MKL Markel Group Inc. 0.07% 190 $379K No change
ESGR Enstar Group Ltd. 0.07% 1,100 $370K No change
COST Costco Wholesale Corp. 0.07% 373 $369K No change
CME Cme Group Inc. 0.07% 1,322 $364K Add +0.7%
JNJ Johnson & Johnson 0.06% 2,266 $346K Add +1.3%
TS Tenaris SA-ADR 0.06% 9,239 $346K No change
OXY Occidental Petroleum Corp. 0.06% 8,214 $345K Add +26.1%
IEMG iShares Core MSCI Emerging 0.06% 5,675 $341K No change
LOOP Loop Industries Inc. 0.06% 238,501 $339K No change
TSLA Tesla Inc. 0.06% 1,061 $337K Add +9.2%
TMO Thermo Fisher Scientific Inc. 0.06% 831 $337K No change
EOG EOG Resources Inc. 0.06% 2,803 $335K Add +3.7%
AMD Advanced Micro Devices 0.06% 2,270 $322K No change
DHR Danaher Corp. 0.06% 1,618 $320K No change
MDY State Street SPDR S&P Midcap 0.05% 523 $296K No change
ETR Entergy Corp. 0.05% 3,540 $294K No change
DFAC Dimensional US Core Equity 2 0.05% 8,101 $290K Add +0.3%
SDY SS SPDR S&P Dividend ETF 0.05% 2,128 $289K Add +0.1%
SCHP Schwab U.S. Tips ETF 0.05% 10,429 $278K Add +2.4%
GM General Motors Co. 0.05% 5,605 $276K No change
SCHD Schwab US DVD Equity ETF 0.05% 10,362 $275K No change
BNDX Vanguard Total Intl Bond ETF 0.05% 5,479 $271K No change
AMAT Applied Materials Inc. 0.05% 1,464 $268K No change
ACN Accenture PLC Class A 0.05% 895 $268K No change
PFF iShares Preferred & Income S 0.05% 8,609 $264K Add +25.1%
OCSL Oaktree Specialty Lending Co. 0.05% 18,651 $255K No change
KBE SS SPDR S&P Bank ETF 0.05% 4,550 $254K No change
LOW Lowe's Cos Inc. 0.05% 1,116 $248K No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.05% 3,370 $248K No change
TIP iShares Tips Bond ETF 0.04% 2,167 $238K Add +0.1%
HDV iShares Core High Dividend E 0.04% 2,028 $238K No change
DSU BlackRock Debt Strategies 0.04% 22,305 $236K Add +1.8%
CSCO Cisco Systems Inc. 0.04% 3,344 $232K No change
HON Honeywell International Inc. 0.04% 995 $232K Add +1.1%
ETN Eaton Corp. PLC 0.04% 645 $230K New
LH Labcorp Holdings Inc. 0.04% 875 $230K No change
JEPI JPMorgan Equity Premium Inco 0.04% 3,990 $227K Add +9.6%
BLW BlackRock Ltd. Durat Inc. TR 0.04% 15,624 $222K New
SPNT Siriuspoint Ltd. 0.04% 10,475 $214K No change
EEM iShares MSCI Emerging Market 0.04% 4,392 $212K No change
AMGN Amgen Inc. 0.04% 747 $209K No change
GE General Electric filed as GE AEROSPACE 0.04% 790 $203K New
VFH Vanguard Financials ETF 0.04% 1,530 $195K No change
VGT Vanguard Info Tech ETF 0.03% 250 $166K No change
GNR State Street SPDR S&P Global 0.03% 2,762 $150K No change
PCYO Pure Cycle Corp. 0.03% 13,703 $147K No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.03% 3,460 $147K No change
XLC SS Comm Select Sector SPDR 0.03% 1,315 $143K Add +41.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.03% 1,280 $140K No change
EPM Evolution Petroleum Corp. 0.03% 29,597 $139K New
NGL NGL Energy Partners LP 0.02% 31,365 $134K Reduce -11.3%
VOO Vanguard S&P 500 ETF 0.02% 230 $131K No change
F Ford Motor Co. filed as FORD MTR CO 0.02% 11,609 $126K Reduce -12.3%
SCHE Schwab Emrg Mrkts Eqty ETF 0.02% 4,000 $121K No change
DFUV Dimensional US Marketwide Va 0.02% 2,761 $117K Add +0.5%
SCHF Schwab Intl Equity ETF 0.02% 5,236 $116K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.02% 1,433 $116K No change
FEZ State Street SPDR Euro Stoxx 0.02% 1,898 $113K No change
BBDC Barings BDC Inc. 0.02% 12,055 $110K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.02% 3,778 $108K No change
XHE SS SPDR S&P HC Equip ETF 0.02% 1,292 $105K No change
XEVVX Eaton Vance Ltd. Durat Inc. 0.02% 10,184 $104K New
HYT BlackRock Corp. Hi YLD 0.02% 10,345 $101K Add +3.0%
FLRN SS SPDR BB Ig Float RT ETF 0.02% 3,258 $100K No change
IWD iShares Russell 1000 Value E 0.02% 497 $97K No change
XSLV Invesco S&P Smallcap Low Vol 0.02% 1,922 $88K No change
SCHC Schwab Intl Small-Cap Equity 0.02% 2,010 $86K No change
XLB SS Materials Select Sector 0.02% 970 $85K Add +17.7%
SCHG Schwab US Large-Cap Growth 0.02% 2,880 $84K No change
USMV iShares MSCI USA Min Vol Fac 0.01% 834 $78K No change
XBI SS SPDR S&P Biotech ETF 0.01% 940 $78K Reduce -48.9%
VNQ Vanguard Real Estate ETF 0.01% 733 $65K Reduce -16.9%
HIO Western Asset Hi Inc. Opport 0.01% 14,200 $57K Add +3.6%
IWO iShares Russell 2000 Growth 0.01% 192 $55K No change
HAP Vaneck Natural Resources ETF 0.01% 1,000 $52K No change
IHE iShares US Pharmaceuticals E 0.01% 750 $49K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.01% 164 $47K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.01% 164 $47K No change
SCHM Schwab US Mid Cap ETF 0.01% 1,650 $46K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.01% 161 $45K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.01% 215 $42K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.01% 224 $37K No change
IUSG iShares Core S&P U.S. Growth 0.01% 244 $37K No change
VYMI Vanguard Int High DVD YLD Inc. 0.01% 426 $34K Reduce -18.2%
SCHV Schwab US Large-Cap Value 0.01% 1,170 $32K No change
OUSA Alps Oshares US Quality Divi 0.01% 552 $30K No change
SPHY SS SPDR P High Yield ETF 0.01% 1,213 $29K Reduce -76.6%
VPL Vanguard Ftse Pacific ETF 0.00% 289 $24K Add +0.3%
GOVT iShares US Treasury Bond ETF 0.00% 824 $19K No change
SPSB SS SPDR P St C Corp. ETF 0.00% 615 $19K No change
QQQJ Invesco Nasdaq Next Gen 100 0.00% 525 $17K No change
VPU Vanguard Utilities ETF 0.00% 88 $16K No change
SCHH Schwab US REIT ETF 0.00% 733 $16K No change
SHY iShares 1-3 Year Treasury Bo 0.00% 172 $14K No change
IJT iShares S&P Small-Cap 600 GR 0.00% 100 $13K No change
IEI iShares 3-7 Year Treasury Bo 0.00% 102 $12K No change
EBND State Street SPDR Bloomberg 0.00% 534 $11K No change
RWR SS SPDR Dow Jones REIT ETF 0.00% 115 $11K No change
AGZ iShares Agency Bond ETF 0.00% 98 $11K No change
IJS iShares S&P Small-Cap 600 Va 0.00% 100 $10K No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 39 $9K No change
SPTS SS SPDR P St Term TSY ETF 0.00% 315 $9K No change
SPTI SS SPDR P Int Term TSY ETF 0.00% 312 $9K No change
EWS iShares MSCI Singapore ETF 0.00% 330 $9K No change
VTI VG Morningstar TS MKT ETF-US 0.00% 23 $7K No change
CMBS iShares CMBS ETF 0.00% 136 $7K No change
IDU iShares US Utilities ETF 0.00% 62 $6K No change
IBB iShares Biotechnology ETF 0.00% 45 $6K No change
RWX State Street SPDR Dow Jones 0.00% 196 $5K Add +0.5%
GDX Vaneck Gold Miners ETF 0.00% 103 $5K New
MTUM iShares MSCI USA Momentum Fa 0.00% 21 $5K No change
EFV iShares MSCI Eafe Value ETF 0.00% 72 $5K No change
BKLN Invesco Senior Loan ETF 0.00% 216 $5K No change
VSS Vanguard Ftse All Wo X-US SC 0.00% 28 $4K No change
TLT iShares 20+ Year Treasury BD 0.00% 41 $4K No change
EWJ iShares MSCI Japan ETF 0.00% 47 $4K No change
QUAL iShares MSCI USA Quality Fac 0.00% 15 $3K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.00% 28 $3K New
EFAV iShares MSCI Eafe Min Vol Fa 0.00% 12 $1K No change
SCHX Schwab US Large-Cap ETF 0.00% 24 $593 No change
IEF iShares 7-10 Year Treasury B 0.00% 5 $479 No change
MUB iShares National Muni Bond E 0.00% 3 $313 No change
VNQI Vanguard GLBL Ex-US Real Est 0.00% 3 $138 No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $5K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 3$4KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 87$2KNo change

Total filed on the 13F, all lines: $545.5M.

Portfolio Sells Q1 2025 → Q2 2025

CVS CVS Health Corp. Sold out 0.00% −0.49
REPX Riley Exploration Permian Inc. Reduce -6.2% 1.66% −0.47
WMB Williams Cos Inc. Reduce -2.6% 2.13% −0.12
NBHC National Bank Hold Class A Reduce -25.6% 0.25% −0.12
MCD McDonald's Corp. Reduce -2.9% 0.59% −0.11
ELV Elevance Health Inc. Reduce -0.0% 0.43% −0.09
AMLP Alerian MLP ETF Reduce -1.0% 0.47% −0.08
VGSH Vanguard Short-Term Treasury Reduce -21.5% 0.19% −0.07
APA Apa Corp. Sold out 0.00% −0.07
DE Deere & Co. Sold out 0.00% −0.06
IVE iShares S&P 500 Value ETF Reduce -2.1% 0.73% −0.06
BX Blackstone Inc. Sold out 0.00% −0.05
SONY Sony Group Corp. - SP ADR Reduce -0.9% 0.68% −0.04
LLY Eli Lilly & Co. Reduce -4.3% 0.14% −0.03
VRP Invesco Variable Rate Prefer Reduce -0.3% 0.32% −0.02
SPHY SS SPDR P High Yield ETF Reduce -76.6% 0.01% −0.02
XBI SS SPDR S&P Biotech ETF Reduce -48.9% 0.01% −0.02
NGL NGL Energy Partners LP Reduce -11.3% 0.02% −0.01
VNQ Vanguard Real Estate ETF Reduce -16.9% 0.01% −0.00
F Ford Motor Co. Reduce -12.3% 0.02% −0.00
VYMI Vanguard Int High DVD YLD Inc. Reduce -18.2% 0.01% −0.00
CTVA Corteva Inc. Reduce -0.4% 0.15% +0.01
IVW iShares S&P 500 Growth ETF Reduce -5.0% 0.98% +0.04
IVV iShares Core S&P 500 ETF Reduce -0.5% 2.57% +0.04
META Meta Platforms Inc. Class A Reduce -0.5% 1.98% +0.30

Portfolio Buys Q1 2025 → Q2 2025

MSFT Microsoft Corp. Add +2.7% 3.77% +0.77
TGT Target Corp. New 0.54% +0.54
TSM Taiwan Semiconductor-SP ADR Add +3.7% 0.97% +0.23
VRT Vertiv Holdings Co. Class A Add +16.6% 0.46% +0.22
AMZN Amazon.com Inc. Add +6.3% 1.86% +0.22
QQQ Invesco QQQ Trust Series 1 Add +7.5% 1.43% +0.21
GOOG Alphabet Inc. Class C Add +1.4% 3.06% +0.18
NVDA Nvidia Corp. Add +13.6% 0.52% +0.18
DINO HF Sinclair Corp. Add +32.2% 0.48% +0.17
UBER Uber Technologies Inc. Add +2.5% 0.89% +0.16
C Citigroup Inc. Add +6.2% 1.00% +0.15
LAZ Lazard Inc. Add +44.5% 0.46% +0.15
DIS The Walt Disney Co. Add +17.5% 0.49% +0.13
IBM Intl Business Machines Corp. Add +0.8% 1.31% +0.12
XOM Exxon Mobil Corp. Add +70.4% 0.38% +0.11
SPY SS SPDR S&P 500 ETF Trust-US Add +9.6% 1.05% +0.11
DAL Delta Air Lines Inc. Add +29.4% 0.38% +0.10
BA The Boeing Co. Add +34.5% 0.27% +0.09
NTR Nutrien Ltd. Add +6.3% 0.70% +0.09
WFC Wells Fargo & Co. Add +7.9% 0.82% +0.08
JCI Johnson Controls Internation Add +3.1% 0.40% +0.08
DVN Devon Energy Corp. Add +85.7% 0.25% +0.08
BN Brookfield Corp. Add +5.2% 0.60% +0.08
PLTR Palantir Technologies Inc. Class A Add +42.2% 0.13% +0.07
IEFA iShares Core MSCI Eafe ETF Add +2.5% 1.65% +0.07
JPM JPMorgan Chase & Co. Add +0.1% 0.78% +0.07
LHX L3HARRIS Technologies Inc. Add +2.9% 0.49% +0.06
CVX Chevron Corp. Add +39.3% 0.48% +0.04
MLM Martin Marietta Materials Add +3.4% 0.49% +0.04
DOW Dow Inc. Add +68.3% 0.28% +0.04
VLO Valero Energy Corp. Add +51.6% 0.14% +0.04
ETN Eaton Corp. PLC New 0.04% +0.04
RTX RTX Corp. Add +1.9% 1.13% +0.04
BLW BlackRock Ltd. Durat Inc. TR New 0.04% +0.04
NLY Annaly Capital Management Inc. Add +27.9% 0.46% +0.04
ESTC Elastic NV Add +26.0% 0.43% +0.04
WMT Walmart Inc. Add +0.6% 1.16% +0.04
AVGO Broadcom Inc. Add +0.8% 0.11% +0.04
GE General Electric New 0.04% +0.04
VWO Vanguard Ftse Emerging Marke Add +2.3% 1.06% +0.03
RIO Rio Tinto PLC-Spon ADR Add +39.3% 0.15% +0.03
PDI PIMCO Dynamic Income Fund Add +73.7% 0.08% +0.03
EPM Evolution Petroleum Corp. New 0.03% +0.03
LPG Dorian LPG Ltd. Add +8.7% 0.28% +0.02
GOOGL Alphabet Inc. Class A Add +1.6% 0.37% +0.02
XEVVX Eaton Vance Ltd. Durat Inc. New 0.02% +0.02
CRM Salesforce Inc. Add +8.9% 0.76% +0.02
ADBE Adobe Inc. Add +9.5% 0.72% +0.01
EA Electronic Arts Inc. Add +3.5% 0.27% +0.01
BHP BHP Group Ltd.-Spon ADR Add +17.2% 0.19% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 310$603.8MARLP, GOOG, AAPL, MSFT, IVV
Q4 2025 308$584.0MARLP, GOOG, AAPL, MSFT, IVV
Q3 2025 303$584.7MARLP, GOOG, MSFT, AAPL, IVV
Q2 2025 281$545.4MARLP, MSFT, GOOG, AAPL, IVV
Q1 2025 277$503.8MARLP, AAPL, MSFT, GOOG, IVV
Q4 2024 274$495.1MARLP, AAPL, GOOG, MSFT, IVV
Q3 2024 268$479.5MARLP, AAPL, MSFT, GOOG, IVV
Q2 2024 272$454.0MARLP, MSFT, GOOG, AAPL, IVV
Q1 2024 272$436.7MARLP, MSFT, GOOG, REPX, IVV