Lanark Financial, Inc.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 8, 2025), Lanark Financial, Inc. reported 2,326 stock positions worth $1.2 billion. Its top holding was Microsoft (MSFT) at 2.4% of the portfolio, followed by Apple (AAPL, 2.3%) and Ste STR SPDR PT S&P 500 ETF (SPYM, 1.7%). Compared with Q1 2025, it opened 361 new positions, sold out of 144, added to 753 and reduced 610. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +1226%) and the biggest sale Berkshire Hathaway Class A (BRK.A, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BIRMINGHAM, AL
- CIK
- 0000791540
- Portfolio Value
- $1.2B (Q2 2025)
- SEC Filing
- 0000791540-25-000003 ↗ filed Jul 8, 2025
Holdings Value
Holdings 2,326 stocks · $1.2B
| MSFT Microsoft Corp. | 2.41% | 58,989 | $29.3M | Reduce -26.8% |
| AAPL Apple Inc. | 2.27% | 134,593 | $27.6M | Reduce -0.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.73% | 289,537 | $21.0M | Add +1225.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.58% | 31,206 | $19.3M | Reduce -37.7% |
| AVGO Broadcom Inc. | 1.36% | 60,259 | $16.6M | Reduce -8.3% |
| NVDA Nvidia Corp. | 1.25% | 96,645 | $15.3M | Add +7.1% |
| AMZN Amazon.com Inc. | 1.25% | 69,443 | $15.2M | Reduce -3.2% |
| VEA Vanguard Ftse Developed ETF | 1.20% | 256,913 | $14.6M | Add +81.4% |
| JPM JPMorgan Chase & Co. | 0.96% | 40,355 | $11.7M | Reduce -3.0% |
| IVV iShares Core S&P 500 ETF | 0.94% | 18,345 | $11.4M | Add +31.0% |
| V Visa Inc. Class A | 0.81% | 27,944 | $9.9M | Add +2.6% |
| WMT Walmart Inc. | 0.80% | 99,290 | $9.7M | Reduce -5.1% |
| VOO Vanguard S&P 500 ETF | 0.75% | 15,985 | $9.1M | Add +82.0% |
| PG The Procter & Gamble Co. | 0.71% | 54,533 | $8.7M | Reduce -8.7% |
| TMUS T-Mobile US Inc. | 0.66% | 33,545 | $8.0M | Add +1.6% |
| NEE Nextera Energy Inc. | 0.62% | 108,000 | $7.5M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 0.61% | 42,181 | $7.4M | Add +1.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.56% | 168,515 | $6.8M | Add +230.2% |
| UNP Union Pacific Corp. | 0.55% | 29,161 | $6.7M | Reduce -3.3% |
| ORCL Oracle Corp. | 0.54% | 30,261 | $6.6M | Reduce -18.9% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.53% | 175,829 | $6.5M | Add +8.0% |
| FTCS First Trust Capital Strength | 0.51% | 68,526 | $6.2M | Add +5.4% |
| SPAB SS SPDR P Agg Bond ETF | 0.50% | 237,344 | $6.1M | Add +241.8% |
| JNJ Johnson & Johnson | 0.49% | 39,345 | $6.0M | Reduce -4.6% |
| CB Chubb Ltd. | 0.49% | 20,484 | $5.9M | Reduce 0.0% |
| DTM DT Midstream Inc. | 0.48% | 53,028 | $5.8M | Reduce -4.9% |
| GOOG Alphabet Inc. Class C | 0.46% | 31,619 | $5.6M | Add +1.8% |
| META Meta Platforms Inc. Class A | 0.45% | 7,427 | $5.5M | Add +0.2% |
| CVX Chevron Corp. | 0.44% | 37,691 | $5.4M | Reduce -5.6% |
| NI Nisource Inc. | 0.43% | 131,340 | $5.3M | Add +2.3% |
| IWF iShares Russell 1000 Growth | 0.43% | 12,453 | $5.3M | Reduce -1.3% |
| CEG Constellation Energy | 0.43% | 16,371 | $5.3M | Reduce -14.3% |
| LLY Eli Lilly & Co. | 0.43% | 6,776 | $5.3M | Reduce -7.2% |
| SGOV iShares 0-3 Month Treasury B | 0.42% | 50,388 | $5.1M | Reduce -6.1% |
| SPIB SS SPDR P Int C Corp. ETF | 0.41% | 149,943 | $5.0M | Add +2640.7% |
| LIN Linde PLC | 0.41% | 10,618 | $5.0M | Add +0.9% |
| MS Morgan Stanley | 0.41% | 35,113 | $4.9M | Add +4.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.41% | 10,167 | $4.9M | Reduce -7.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.40% | 8,935 | $4.9M | Add +5.5% |
| DGRW Wisdomtree U.S. Quality Divi | 0.40% | 57,627 | $4.8M | Add +2.0% |
| CIBR First Trust Nasdaq Cybersecu | 0.40% | 63,677 | $4.8M | Reduce -3.4% |
| LMT Lockheed Martin Corp. | 0.39% | 10,224 | $4.7M | Reduce -17.7% |
| VCIT Vanguard Int-Term Corporate | 0.39% | 56,831 | $4.7M | Add +79.7% |
| TLN Talen Energy Corp. | 0.38% | 15,796 | $4.6M | Add +5.5% |
| PH Parker Hannifin Corp. | 0.38% | 6,549 | $4.6M | Reduce -3.9% |
| XOM Exxon Mobil Corp. | 0.37% | 42,357 | $4.6M | Reduce -6.5% |
| RDVY First Trust Rising Dividend | 0.36% | 70,237 | $4.4M | Add +2.4% |
| XLK SS Technology Select Sector | 0.36% | 17,368 | $4.4M | Add +1.3% |
| NFLX Netflix Inc. | 0.36% | 3,242 | $4.3M | Reduce -31.3% |
| SYY Sysco Corp. | 0.36% | 57,207 | $4.3M | Reduce -2.1% |
| UBER Uber Technologies Inc. | 0.35% | 46,075 | $4.3M | Reduce -3.2% |
| CCJ Cameco Corp. | 0.35% | 57,680 | $4.3M | Add +2.1% |
| PWR Quanta Services Inc. | 0.35% | 11,325 | $4.3M | Add +2.3% |
| IDA Idacorp Inc. | 0.35% | 36,850 | $4.3M | Add +2.4% |
| JCI Johnson Controls Internation | 0.35% | 40,112 | $4.2M | Add +4.1% |
| PEG Public Service Enterprise GP | 0.35% | 50,256 | $4.2M | Add +2.1% |
| RSG Republic Services Inc. | 0.35% | 17,054 | $4.2M | Reduce -6.5% |
| MRK Merck & Co. Inc. | 0.34% | 52,685 | $4.2M | Add +14.7% |
| QGRW Wisdomtree US Quality Growth | 0.34% | 79,360 | $4.2M | Add +2.5% |
| ETR Entergy Corp. | 0.34% | 49,271 | $4.1M | Add +1.6% |
| T AT&T Inc. | 0.33% | 139,670 | $4.0M | Reduce -32.2% |
| EQIX Equinix Inc. | 0.33% | 5,016 | $4.0M | Add +2.3% |
| HD Home Depot Inc. | 0.32% | 10,768 | $3.9M | Add +5.9% |
| DUK Duke Energy Corp. | 0.32% | 33,162 | $3.9M | Add +0.6% |
| SYK Stryker Corp. | 0.31% | 9,445 | $3.7M | Reduce -4.5% |
| IJH iShares Core S&P Midcap ETF | 0.30% | 59,596 | $3.7M | Add +78.3% |
| MDT Medtronic PLC | 0.30% | 42,273 | $3.7M | Add +9.3% |
| IWR iShares Russell Mid-Cap ETF | 0.30% | 39,849 | $3.7M | Reduce -1.8% |
| EFG iShares MSCI Eafe Growth ETF | 0.30% | 32,578 | $3.6M | Add +4.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.29% | 32,763 | $3.6M | Reduce -3.2% |
| PNW Pinnacle West Capital | 0.29% | 39,825 | $3.6M | Add +2.6% |
| AGGY Wisdomtree Yield Enhanced US | 0.29% | 81,531 | $3.6M | Add +2.6% |
| PPL PPL Corp. | 0.29% | 104,587 | $3.5M | Add +2.2% |
| IWD iShares Russell 1000 Value E | 0.29% | 18,178 | $3.5M | Add +0.5% |
| LOW Lowe's Cos Inc. | 0.28% | 15,638 | $3.5M | Reduce -2.4% |
| IJR iShares Core S&P Small-Cap E | 0.28% | 31,726 | $3.5M | Add +17.0% |
| SCHD Schwab US DVD Equity ETF | 0.28% | 130,497 | $3.5M | Reduce -3.8% |
| CNP Centerpoint Energy Inc. | 0.28% | 93,845 | $3.4M | Add +1.8% |
| ABBV Abbvie Inc. | 0.28% | 18,373 | $3.4M | Reduce -0.3% |
| PEP Pepsico Inc. | 0.28% | 25,759 | $3.4M | Reduce -7.8% |
| AEE Ameren Corporation | 0.28% | 35,251 | $3.4M | Add +1104.3% |
| BNDX Vanguard Total Intl Bond ETF | 0.28% | 68,008 | $3.4M | Add +207.6% |
| ODFL Old Dominion Freight Line | 0.27% | 20,309 | $3.3M | Add +2.0% |
| SBAC SBA Communications Corp. | 0.27% | 14,028 | $3.3M | Add +6879.1% |
| MA Mastercard Inc. Class A | 0.27% | 5,803 | $3.3M | Reduce -24.9% |
| PAYX Paychex Inc. | 0.27% | 22,353 | $3.3M | Reduce -5.6% |
| XEL Xcel Energy Inc. | 0.27% | 47,671 | $3.2M | Add +2.7% |
| VWO Vanguard Ftse Emerging Marke | 0.26% | 64,993 | $3.2M | Add +133.1% |
| SPHY SS SPDR P High Yield ETF | 0.26% | 133,145 | $3.2M | Add +1133.6% |
| ATO Atmos Energy Corp. | 0.26% | 20,546 | $3.2M | Reduce -18.0% |
| JEPI JPMorgan Equity Premium Inco | 0.26% | 54,909 | $3.1M | Add +7.2% |
| WDAY Workday Inc. Class A | 0.26% | 12,984 | $3.1M | Add +83.3% |
| SNEX Stonex Group Inc. | 0.25% | 34,030 | $3.1M | Add +1.0% |
| DLR Digital Realty Trust Inc. | 0.25% | 17,650 | $3.1M | Add +310.3% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.25% | 112,944 | $3.1M | Add +14.9% |
| VZ Verizon Communications Inc. | 0.25% | 70,267 | $3.0M | Reduce -6.9% |
| CRM Salesforce Inc. | 0.25% | 11,118 | $3.0M | Reduce -11.6% |
| NXPI NXP Semiconductors NV | 0.25% | 13,800 | $3.0M | Add +3.2% |
| VTHR Vanguard Russell 3000 | 0.25% | 11,000 | $3.0M | Reduce -5.7% |
| COST Costco Wholesale Corp. | 0.25% | 3,016 | $3.0M | Reduce -3.0% |
Other holdings (117): bonds, preferreds, convertibles and warrants · $7.0M (not counted above)
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q1 2025 → Q2 2025
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -98.3% | 0.06% | −3.82 |
| RY Royal Bank of Canada | Reduce -97.0% | 0.12% | −3.36 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -37.7% | 1.58% | −0.81 |
| SSB Southstate Bank Corp. | Reduce -93.8% | 0.04% | −0.72 |
| DE Deere & Co. | Reduce -88.9% | 0.07% | −0.56 |
| AAPL Apple Inc. | Reduce -0.9% | 2.27% | −0.31 |
| SRE Sempra | Reduce -54.0% | 0.20% | −0.23 |
| CMCSA Comcast Corp. Class A | Reduce -63.2% | 0.11% | −0.21 |
| STAG Stag Industrial Inc. | Reduce -82.3% | 0.04% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -19.9% | 0.16% | −0.19 |
| MSFT Microsoft Corp. | Reduce -26.8% | 2.41% | −0.17 |
| T AT&T Inc. | Reduce -32.2% | 0.33% | −0.17 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -96.1% | 0.01% | −0.16 |
| TXNM TXNM Energy Inc. | Reduce -47.0% | 0.19% | −0.16 |
| PG The Procter & Gamble Co. | Reduce -8.7% | 0.71% | −0.15 |
| DY Dycom Industries Inc. | Reduce -91.2% | 0.02% | −0.15 |
| ARKK ARK Innovation ETF | Reduce -92.6% | 0.02% | −0.14 |
| CVX Chevron Corp. | Reduce -5.6% | 0.44% | −0.13 |
| EXP Eagle Materials Inc. | Reduce -63.4% | 0.05% | −0.11 |
| BIP Brookfield Infrastructure Pa | Reduce -93.0% | 0.01% | −0.10 |
| SPGI S&P Global Inc. | Reduce -85.1% | 0.02% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -7.6% | 0.41% | −0.09 |
| MA Mastercard Inc. Class A | Reduce -24.9% | 0.27% | −0.09 |
| JNJ Johnson & Johnson | Reduce -4.6% | 0.49% | −0.09 |
| EXLS Exlservice Holdings Inc. | Reduce -81.1% | 0.02% | −0.09 |
| KO The Coca-Cola Co. | Reduce -25.0% | 0.21% | −0.09 |
| XOM Exxon Mobil Corp. | Reduce -6.5% | 0.37% | −0.08 |
| LMT Lockheed Martin Corp. | Reduce -17.7% | 0.39% | −0.08 |
| LLY Eli Lilly & Co. | Reduce -7.2% | 0.43% | −0.08 |
| PEP Pepsico Inc. | Reduce -7.8% | 0.28% | −0.08 |
| TFC Truist Financial Corp. | Reduce -57.4% | 0.06% | −0.08 |
| HRB H&R Block Inc. | Sold out | 0.00% | −0.08 |
| RF Regions Financial Corp. | Reduce -78.7% | 0.02% | −0.08 |
| ATO Atmos Energy Corp. | Reduce -18.0% | 0.26% | −0.07 |
| GPK Graphic Packaging Holding Co. | Reduce -90.0% | 0.01% | −0.06 |
| UNP Union Pacific Corp. | Reduce -3.3% | 0.55% | −0.06 |
| NDAQ Nasdaq Inc. | Reduce -85.8% | 0.01% | −0.06 |
| FID First Trust S&P Internationa | Reduce -97.4% | 0.00% | −0.05 |
| GL Globe Life Inc. | Reduce -74.7% | 0.02% | −0.05 |
| ABBV Abbvie Inc. | Reduce -0.3% | 0.28% | −0.05 |
| FVD First Trust Value Line DVD | Reduce -17.4% | 0.19% | −0.05 |
| HLNE Hamilton Lane Inc. Class A | Reduce -87.2% | 0.01% | −0.05 |
| PCTY Paylocity Holding Corp. | Reduce -87.1% | 0.01% | −0.05 |
| TXT Textron Inc. | Reduce -94.2% | 0.00% | −0.05 |
| FTA First Trust L C Val Alp | Reduce -74.6% | 0.02% | −0.05 |
| PAYX Paychex Inc. | Reduce -5.6% | 0.27% | −0.04 |
| HLI Houlihan Lokey Inc. | Reduce -87.1% | 0.01% | −0.04 |
| NSIT Insight Enterprises Inc. | Reduce -84.1% | 0.01% | −0.04 |
| SGOV iShares 0-3 Month Treasury B | Reduce -6.1% | 0.42% | −0.04 |
| MEDP Medpace Holdings Inc. | Reduce -87.1% | 0.01% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +1225.5% | 1.73% | +1.61 |
| VEA Vanguard Ftse Developed ETF | Add +81.4% | 1.20% | +0.59 |
| NVDA Nvidia Corp. | Add +7.1% | 1.25% | +0.42 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +230.2% | 0.56% | +0.40 |
| SPIB SS SPDR P Int C Corp. ETF | Add +2640.7% | 0.41% | +0.40 |
| VOO Vanguard S&P 500 ETF | Add +82.0% | 0.75% | +0.36 |
| SPAB SS SPDR P Agg Bond ETF | Add +241.8% | 0.50% | +0.35 |
| SBAC SBA Communications Corp. | Add +6879.1% | 0.27% | +0.27 |
| IVV iShares Core S&P 500 ETF | Add +31.0% | 0.94% | +0.26 |
| AEE Ameren Corporation | Add +1104.3% | 0.28% | +0.25 |
| SPHY SS SPDR P High Yield ETF | Add +1133.6% | 0.26% | +0.24 |
| WCMI FT WCM International ETF | Add +13948.4% | 0.23% | +0.23 |
| IEF iShares 7-10 Year Treasury B | Add +2517.6% | 0.21% | +0.20 |
| DLR Digital Realty Trust Inc. | Add +310.3% | 0.25% | +0.20 |
| CHTR Charter Communications Inc. Class A | Add +4441.9% | 0.20% | +0.19 |
| BNDX Vanguard Total Intl Bond ETF | Add +207.6% | 0.28% | +0.18 |
| VCIT Vanguard Int-Term Corporate | Add +79.7% | 0.39% | +0.17 |
| LNT Alliant Energy Corp. | Add +400.5% | 0.20% | +0.16 |
| VWO Vanguard Ftse Emerging Marke | Add +133.1% | 0.26% | +0.16 |
| CCJ Cameco Corp. | Add +2.1% | 0.35% | +0.15 |
| SHY iShares 1-3 Year Treasury Bo | Add +275.8% | 0.21% | +0.15 |
| IJH iShares Core S&P Midcap ETF | Add +78.3% | 0.30% | +0.14 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +302.0% | 0.16% | +0.12 |
| BSV Vanguard Short-Term Bond ETF | Add +112.7% | 0.24% | +0.12 |
| TLN Talen Energy Corp. | Add +5.5% | 0.38% | +0.12 |
| SPSB SS SPDR P St C Corp. ETF | Add +763.6% | 0.14% | +0.12 |
| SCHR Schwab Intermediate-Term US | Add +1121.3% | 0.13% | +0.12 |
| WDAY Workday Inc. Class A | Add +83.3% | 0.26% | +0.11 |
| PWR Quanta Services Inc. | Add +2.3% | 0.35% | +0.11 |
| NOW ServiceNow Inc. | Add +47.3% | 0.24% | +0.11 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +585.1% | 0.13% | +0.11 |
| LEU Centrus Energy Corp. Class A | Add +2.4% | 0.16% | +0.10 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +209.2% | 0.15% | +0.10 |
| ADT Adt Inc. | New | 0.09% | +0.09 |
| SPEM State Street SP PTF Em ETF | Add +1216.7% | 0.09% | +0.09 |
| META Meta Platforms Inc. Class A | Add +0.2% | 0.45% | +0.09 |
| JCI Johnson Controls Internation | Add +4.1% | 0.35% | +0.08 |
| INGR Ingredion Inc. | Add +423.3% | 0.11% | +0.08 |
| BIV Vanguard Intermediate-Term B | Add +102.5% | 0.15% | +0.08 |
| AXTA Axalta Coating Systems Ltd. | Add +14973.5% | 0.07% | +0.07 |
| BLV Vanguard Long-Term Bond ETF | Add +130.0% | 0.13% | +0.07 |
| MS Morgan Stanley | Add +4.0% | 0.41% | +0.07 |
| JOBY Joby Aviation Inc. | Add +35.1% | 0.12% | +0.07 |
| CGUS Cap Group Core Equity | Add +8.0% | 0.53% | +0.07 |
| SNOW Snowflake Inc. | Add +66.3% | 0.11% | +0.07 |
| AGX Argan Inc. | New | 0.07% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.5% | 0.40% | +0.07 |
| VMBS Vanguard Mortgage-Backed Sec | Add +202.9% | 0.10% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +1.4% | 0.61% | +0.06 |
| HKHHY Heineken Holding NV-SPN ADR | New | 0.06% | +0.06 |
Notes & Other Activity Q1 2025 → Q2 2025
Showing the first 50 of 117.
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 | 2,401 | $1.5B | AAPL, SPY, SPYM, VOO, NVDA |
| Q1 2026 | 2,542 | $1.3B | AAPL, SPY, SPYM, VOO, MSFT |
| Q4 2025 | 2,484 | $1.3B | AAPL, SPY, MSFT, SPYM, VOO |
| Q3 2025 | 2,479 | $1.3B | AAPL, SPY, MSFT, SPYM, NVDA |
| Q2 2025 | 2,326 | $1.2B | MSFT, AAPL, SPYM, SPY, AVGO |
| Q1 2025 | 2,108 | $1.2B | BRK.A, RY, MSFT, AAPL, SPY |
| Q4 2024 | 1,246 | $1.1M | RY, AAPL, MSFT, SPY, AVGO |
| Q3 2024 | 2,104 | $1.2B | RY, AAPL, MSFT, BRK.A, SPY |
| Q2 2024 | 2,068 | $1.1B | AAPL, RY, MSFT, BRK.A, SPY |
| Q1 2024 | 2,158 | $1.1B | RY, MSFT, AAPL, BRK.A, SPY |