Matisse Capital

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Matisse Capital reported 157 stock positions worth $249.4 million. Its top holding was Apple (AAPL) at 4.2% of the portfolio, followed by iShares Core Dividend Growth (DGRO, 3.4%) and Lam Research (LRCX, 3.2%). Compared with Q1 2026, it opened 14 new positions, sold out of 20, added to 42 and reduced 31. The biggest buy was Eaton Vance Senior Income TR (EVF, shares +1244%) and the biggest sale an exit from BlackRock Tech & Priv Eqty (BTX).

Most Recent 13F
Q2 2026
Location
PORTLAND, OR
CIK
0001668256
Portfolio Value
$249.4M (Q2 2026)
SEC Filing
0001668256-26-000004 ↗ filed Aug 12, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $207.9M Q1 2024 Q2 2024: $202.1M Q2 2024 Q3 2024: $205.6M Q3 2024 Q4 2024: $196.7M Q4 2024 Q1 2025: $189.6M Q1 2025 Q2 2025: $211.5M Q2 2025 Q3 2025: $222.2M Q3 2025 Q4 2025: $223.3M Q4 2025 Q1 2026: $233.3M Q1 2026 Q2 2026: $249.4M $249.4M Q2 2026

Holdings 157 stocks · $249.4M
AAPL Apple Inc. 4.18% 35,994 $10.4M Reduce -0.1%
DGRO iShares Core Dividend Growth 3.39% 111,661 $8.5M Add +0.1%
LRCX Lam Research Corp. 3.15% 18,130 $7.9M Reduce -5.2%
XPCQX PIMCO California Muni Inc. FD 3.05% 848,717 $7.6M Reduce -2.0%
ASND Ascendis Pharma A/S 3.01% 28,107 $7.5M Add +7.8%
TWN Taiwan Fund Inc./TH/MD-US Inc. 2.68% 69,437 $6.7M Reduce -17.3%
FSCO FS Credit Opportunities Corp. 2.49% 1,245,000 $6.2M Add +9.8%
KF Korea Fund Inc. 2.48% 82,265 $6.2M No change
XFLT Xai Fltng Rte&alt Inc. TRS-Ui filed as XAI FLOATING RATE & ALTER IN 2.44% 346,096 $6.1M Add +0.6%
FSSL FS Specialty Lending Fund 2.32% 519,000 $5.8M Add +14.8%
MSFT Microsoft Corp. 2.03% 13,588 $5.1M Reduce -5.4%
NXDT Nexpoint Diversified Real Es 1.92% 923,630 $4.8M Add +2.2%
GOOGL Alphabet Inc. Class A 1.86% 12,975 $4.6M No change
HFRO Highland Opport & Income 1.76% 617,000 $4.4M No change
PNI PIMCO NY Muni Inc. II FND 1.76% 618,726 $4.4M No change
RGT Royce Global Trust Inc. 1.66% 291,000 $4.1M No change
STEW SRH Total Return Fund Inc. 1.62% 226,000 $4.0M Add +4.6%
HGLB Highland Global Allocation 1.58% 525,000 $3.9M Add +18.5%
BPRE Bluerock Private Real Estate 1.57% 300,000 $3.9M Add +21.9%
TDF Templeton Dragon Fund Inc. 1.49% 341,875 $3.7M Reduce -0.0%
SWZ Total Return Securities Fund 1.45% 609,000 $3.6M Add +49.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.40% 9,554 $3.5M No change
CET Central Securities Corp. 1.37% 65,000 $3.4M No change
DMA Destra Multi-Alternative 1.36% 455,000 $3.4M Add +10.4%
MXE Mexico Equity and Income FD 1.24% 237,827 $3.1M No change
GEV GE Vernova Inc. 1.23% 2,613 $3.1M No change
AMZN Amazon.com Inc. 1.08% 11,305 $2.7M No change
VBR Vngrd Mrngst SL-CP Val ETF-U 1.04% 10,652 $2.6M No change
MXF Mexico Fund Inc. 0.93% 105,493 $2.3M Reduce -48.5%
BIV Vanguard Intermediate-Term B 0.89% 28,954 $2.2M Reduce -10.0%
GLO Clough Global Opportunities 0.87% 356,008 $2.2M Reduce -22.0%
NBXG Neuberger Next Generation Co. 0.86% 129,790 $2.1M No change
XCAFX Morgan Stanley China A Share 0.83% 98,526 $2.1M Reduce -44.7%
EEA The European Equity Fund Inc. 0.83% 188,070 $2.1M No change
GOOG Alphabet Inc. Class C 0.83% 5,840 $2.1M Reduce -4.9%
WIW Western Asst Infl-LNK Opp 0.77% 230,000 $1.9M No change
JFR Nuveen Floating Rate Income 0.77% 250,000 $1.9M No change
VVR Invesco Senior Income Trust 0.75% 620,000 $1.9M Add +3.3%
BGX Blackstone Long-Short Credit 0.74% 170,000 $1.8M No change
XJQCX Nuveen Credit Strategies Inc. 0.74% 380,000 $1.8M Add +20.8%
EVF Eaton Vance Senior Income TR 0.74% 370,000 $1.8M Add +1244.1%
NVDA Nvidia Corp. 0.74% 9,190 $1.8M Add +5.2%
VFL Abrdn National Municipal Inc. 0.73% 174,693 $1.8M No change
BRK.B Berkshire Hathaway Inc. Class B 0.71% 3,558 $1.8M Add +2.2%
META Meta Platforms Inc. Class A 0.71% 3,147 $1.8M No change
DISV Dimensional International SM 0.71% 44,100 $1.8M No change
TSM Taiwan Semiconductor-SP ADR 0.70% 3,635 $1.7M No change
DFEV Dimensional Emrg MRKT Val 0.68% 39,760 $1.7M No change
ETN Eaton Corp. PLC 0.68% 3,959 $1.7M No change
JEPI JPMorgan Equity Premium Inco 0.64% 28,323 $1.6M Add +11.3%
GLV Clough Global Dividend & Inc. 0.64% 240,785 $1.6M No change
JPM JPMorgan Chase & Co. 0.64% 4,839 $1.6M Add +0.0%
EEM iShares MSCI Emerging Market 0.63% 22,990 $1.6M No change
XOM Exxon Mobil Corp. 0.58% 10,564 $1.4M Add +0.9%
JCI Johnson Controls Internation 0.57% 9,705 $1.4M No change
SFM Sprouts Farmers Market Inc. 0.56% 16,442 $1.4M Add +1.9%
EMB iShares JP Morgan Usd Emergi 0.56% 14,361 $1.4M Add +0.0%
ADI Analog Devices Inc. 0.54% 3,406 $1.4M No change
NTAP Netapp Inc. 0.54% 8,699 $1.3M No change
INTC Intel Corp. 0.53% 9,524 $1.3M Reduce -13.6%
NBH Neuberger Municipal Fund Inc. 0.52% 123,161 $1.3M Reduce -9.4%
DHY UBS Asset Management High Yi filed as CREDIT SUISSE HIGH YIELD CRE 0.52% 728,498 $1.3M New
COST Costco Wholesale Corp. 0.51% 1,369 $1.3M Add +7.5%
BE Bloom Energy Corp. Class A 0.51% 4,200 $1.3M Add +55.6%
THNQ Robo Global Artificial Intel filed as EXCHANGE TRADED CONCEPTS TRU 0.49% 13,427 $1.2M Add +11.6%
FMN Federated Herm Prem Muni Inc. 0.48% 105,041 $1.2M Reduce -18.5%
WMT Walmart Inc. 0.48% 10,628 $1.2M No change
BWG Brandywineglobal Global Inco 0.46% 145,866 $1.2M No change
MINV Matthews Asia Innovators Act 0.43% 18,505 $1.1M Add +28.1%
XEFRX Eaton Vance Sr FLTG Rate TR 0.43% 100,012 $1.1M New
SOFI Sofi Technologies Inc. 0.42% 58,563 $1.1M Add +26.7%
ARTY iShares Future AI & Tech ETF 0.37% 12,059 $918K Add +37.4%
BLK BlackRock Inc. 0.36% 940 $904K No change
ACM Aecom 0.35% 12,611 $880K No change
FDX FedEx Corp. 0.35% 2,800 $877K No change
QCOM Qualcomm Inc. 0.35% 4,727 $874K No change
MUC BlackRock Munihold Ca QLTY 0.35% 78,518 $863K Reduce -0.1%
IDEV iShares Core MSCI Dev MKTS 0.34% 9,632 $857K No change
DE Deere & Co. 0.33% 1,279 $811K No change
VEA Vanguard Ftse Developed ETF 0.32% 11,228 $800K No change
VOO Vanguard S&P 500 ETF 0.32% 1,149 $789K Add +0.1%
NKE Nike Inc. Class B 0.31% 19,058 $782K Add +2.1%
DGS Wisdomtree Em Small Cap 0.30% 11,518 $745K No change
VFH Vanguard Financials ETF 0.30% 5,611 $738K No change
BSV Vanguard Short-Term Bond ETF 0.28% 8,823 $687K Add +0.1%
IONQ Ionq Inc. 0.27% 12,645 $673K Add +1.2%
QTUM Defiance Quantum ETF 0.27% 4,042 $669K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 882 $658K Reduce -0.1%
MA Mastercard Inc. Class A 0.26% 1,277 $656K Reduce -5.2%
EMLC Vaneck JPM Em Local Curr BND 0.26% 24,900 $636K No change
HD Home Depot Inc. 0.24% 1,702 $600K Add +6.2%
ELV Elevance Health Inc. 0.24% 1,550 $599K New
LMT Lockheed Martin Corp. 0.23% 1,139 $580K No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.23% 285 $567K No change
MYN BlackRock Muniyield NY QLTY 0.22% 54,972 $558K Reduce -23.0%
VST Vistra Corp. 0.22% 3,500 $555K Reduce -13.6%
IBKR Interactive Brokers Gro Class A 0.22% 6,300 $548K No change
CSX CSX Corp. 0.21% 11,272 $536K No change
MEM Matthews Em MKT Eqty Active 0.21% 11,700 $530K No change
SPRY Ars Pharmaceuticals Inc. 0.21% 65,701 $526K Reduce -2.3%
DOV Dover Corp. 0.20% 2,278 $511K Reduce -0.4%
CSCO Cisco Systems Inc. 0.20% 4,291 $504K Reduce -22.7%
QQQ Invesco QQQ Trust Series 1 0.19% 650 $479K Add +8.0%
JNJ Johnson & Johnson 0.19% 1,839 $467K No change
BNY Bank of New York Mellon Corp. 0.18% 3,145 $455K Add +7.0%
RYTM Rhythm Pharmaceuticals Inc. 0.18% 4,000 $444K New
VGT Vanguard Info Tech ETF 0.17% 3,633 $434K Reduce -1.5%
XWIAX Western Asset Infl-Link Sec 0.17% 53,254 $433K No change
IWD iShares Russell 1000 Value E 0.17% 1,765 $428K Add +0.1%
VWO Vanguard Ftse Emerging Marke 0.17% 7,107 $424K No change
DFAC Dimensional US Core Equity 2 0.17% 9,527 $423K Add +0.3%
IVV iShares Core S&P 500 ETF 0.16% 538 $403K No change
IWF iShares Russell 1000 Growth 0.16% 3,140 $390K No change
DFAE Dimensional Emerging Core Eq 0.16% 9,687 $390K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.15% 4,482 $386K No change
LLY Eli Lilly & Co. 0.15% 320 $384K Add +6.0%
CVX Chevron Corp. 0.15% 2,312 $383K Reduce -9.6%
BDX Becton Dickinson and Co. 0.15% 2,530 $383K New
DFIV Dimensional International Va 0.15% 7,000 $378K No change
VSS Vanguard Ftse All Wo X-US SC 0.14% 2,337 $361K No change
GD General Dynamics Corp. 0.14% 1,000 $354K No change
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.14% 1,269 $347K New
PFE Pfizer Inc. 0.14% 14,000 $337K Add +14.7%
VT Vanguard Tot World STK ETF 0.13% 2,085 $327K Reduce -5.4%
MFM Aberdeen Municipal Income 0.13% 57,056 $321K Add +108.1%
FLIA Franklin International Aggre 0.13% 15,600 $320K No change
VCSH Vanguard S/T Corp. Bond ETF 0.13% 4,000 $316K No change
JPIE JPMorgan Income ETF 0.13% 6,821 $314K Add +0.6%
TSLA Tesla Inc. 0.13% 741 $312K No change
DFSD Dimensional Short Duration 0.12% 6,500 $310K No change
CVS CVS Health Corp. 0.12% 2,990 $309K New
DFCF Dimensional Core Fixed Inc. 0.12% 7,200 $304K No change
GOLD Gold.com Inc. 0.12% 7,270 $303K No change
PRCT Procept Biorobotics Corp. 0.12% 13,389 $302K Add +0.4%
SCHV Schwab US Large-Cap Value 0.12% 8,503 $296K No change
VTI VG Morningstar TS MKT ETF-US 0.11% 770 $285K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 1,013 $285K No change
VB Vanguard Most SM-Cap ETF-Usd 0.11% 928 $281K No change
ITW Illinois Tool Works 0.11% 1,000 $270K No change
WVE Wave Life Sciences Ltd. 0.11% 45,723 $266K Reduce -2.1%
LOW Lowe's Cos Inc. 0.10% 1,150 $254K Reduce -62.9%
FCX Freeport-McMoran Inc. 0.10% 4,023 $253K No change
USB US Bancorp 0.10% 4,177 $252K Reduce -0.5%
IBB iShares Biotechnology ETF 0.10% 1,311 $249K No change
GDL GDL Fund 0.10% 28,072 $238K Add +65.7%
PG The Procter & Gamble Co. 0.10% 1,621 $238K No change
GE General Electric filed as GE AEROSPACE 0.09% 617 $231K New
IWM iShares Russell 2000 ETF 0.09% 757 $227K New
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.09% 3,644 $224K Reduce -62.5%
IWB iShares Russell 1000 ETF 0.09% 537 $220K New
BA The Boeing Co. 0.09% 1,004 $217K New
FDXF FedEx Freight Holding Co. 0.08% 1,400 $211K No change
VLO Valero Energy Corp. 0.08% 796 $207K New
SBUX Starbucks Corp. 0.08% 1,974 $202K Reduce -40.4%
ORCL Oracle Corp. 0.08% 1,369 $201K Reduce -0.2%
JMM Nuveen Multi-Market Income 0.04% 15,240 $89K New
SOUN Soundhound AI Inc. Class A 0.03% 10,405 $67K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $397K (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 5,900$397KNo change

Total filed on the 13F, all lines: $249.8M.

Portfolio Sells Q1 2026 → Q2 2026
BTX BlackRock Tech & Priv Eqty Sold out 0.00% −1.68
MXF Mexico Fund Inc. Reduce -48.5% 0.93% −0.91
BTT BlackRock 2030 Muni TRGT TRM Sold out 0.00% −0.79
XCAFX Morgan Stanley China A Share Reduce -44.7% 0.83% −0.50
V Visa Inc. Class A Sold out 0.00% −0.47
TSCO Tractor Supply Company Sold out 0.00% −0.36
NTR Nutrien Ltd. Sold out 0.00% −0.33
STE Steris PLC Sold out 0.00% −0.32
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.30
RFMZ Rivernorth Flex Muni II Sold out 0.00% −0.27
CEE Central and Eastern Europe F Sold out 0.00% −0.27
MSFT Microsoft Corp. Reduce -5.4% 2.03% −0.25
UNP Union Pacific Corp. Sold out 0.00% −0.24
GLO Clough Global Opportunities Reduce -22.0% 0.87% −0.22
XGLQX Clough Global Equity Fund Sold out 0.00% −0.21
LOW Lowe's Cos Inc. Reduce -62.9% 0.10% −0.21
BRW Saba Capital Income & Opport Sold out 0.00% −0.19
XNQPX Nuveen Pa QLTY Muni Inc. Sold out 0.00% −0.18
BIV Vanguard Intermediate-Term B Reduce -10.0% 0.89% −0.17
CXH MFS Investment Grade Muni Sold out 0.00% −0.16
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.16
XCMUX MFS High Yield Municipal TR Sold out 0.00% −0.15
JEPQ JPM Nasdaq Equity Premium Reduce -62.5% 0.09% −0.14
AIR Aar Corp. Sold out 0.00% −0.14
XPCQX PIMCO California Muni Inc. FD Reduce -2.0% 3.05% −0.13
FULC Fulcrum Therapeutics Inc. Sold out 0.00% −0.13
FMN Federated Herm Prem Muni Inc. Reduce -18.5% 0.48% −0.12
CXE MFS High Income Municipal TR Sold out 0.00% −0.12
NOC Northrop Grumman Corp. Sold out 0.00% −0.11
CVX Chevron Corp. Reduce -9.6% 0.15% −0.07
NBH Neuberger Municipal Fund Inc. Reduce -9.4% 0.52% −0.07
MYN BlackRock Muniyield NY QLTY Reduce -23.0% 0.22% −0.07
TDF Templeton Dragon Fund Inc. Reduce -0.0% 1.49% −0.06
SBUX Starbucks Corp. Reduce -40.4% 0.08% −0.05
WVE Wave Life Sciences Ltd. Reduce -2.1% 0.11% −0.04
VST Vistra Corp. Reduce -13.6% 0.22% −0.04
MA Mastercard Inc. Class A Reduce -5.2% 0.26% −0.03
SPRY Ars Pharmaceuticals Inc. Reduce -2.3% 0.21% −0.02
ORCL Oracle Corp. Reduce -0.2% 0.08% −0.01
MUC BlackRock Munihold Ca QLTY Reduce -0.1% 0.35% −0.00
DOV Dover Corp. Reduce -0.4% 0.20% +0.00
VT Vanguard Tot World STK ETF Reduce -5.4% 0.13% +0.00
USB US Bancorp Reduce -0.5% 0.10% +0.01
CSCO Cisco Systems Inc. Reduce -22.7% 0.20% +0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.1% 0.26% +0.02
VGT Vanguard Info Tech ETF Reduce -1.5% 0.17% +0.04
GOOG Alphabet Inc. Class C Reduce -4.9% 0.83% +0.07
AAPL Apple Inc. Reduce -0.1% 4.18% +0.26
TWN Taiwan Fund Inc./TH/MD-US Inc. Reduce -17.3% 2.68% +0.31
INTC Intel Corp. Reduce -13.6% 0.53% +0.32

Portfolio Buys Q1 2026 → Q2 2026
EVF Eaton Vance Senior Income TR Add +1244.1% 0.74% +0.68
DHY UBS Asset Management High Yi New 0.52% +0.52
ASND Ascendis Pharma A/S Add +7.8% 3.01% +0.45
XEFRX Eaton Vance Sr FLTG Rate TR New 0.43% +0.43
SWZ Total Return Securities Fund Add +49.5% 1.45% +0.42
BE Bloom Energy Corp. Class A Add +55.6% 0.51% +0.35
ELV Elevance Health Inc. New 0.24% +0.24
MINV Matthews Asia Innovators Act Add +28.1% 0.43% +0.19
ARTY iShares Future AI & Tech ETF Add +37.4% 0.37% +0.19
THNQ Robo Global Artificial Intel Add +11.6% 0.49% +0.19
RYTM Rhythm Pharmaceuticals Inc. New 0.18% +0.18
BDX Becton Dickinson and Co. New 0.15% +0.15
MGC Vngrd Mrngstr MG Cap ETF-Usd New 0.14% +0.14
CVS CVS Health Corp. New 0.12% +0.12
IONQ Ionq Inc. Add +1.2% 0.27% +0.12
NXDT Nexpoint Diversified Real Es Add +2.2% 1.92% +0.11
SOFI Sofi Technologies Inc. Add +26.7% 0.42% +0.11
GE General Electric New 0.09% +0.09
IWM iShares Russell 2000 ETF New 0.09% +0.09
IWB iShares Russell 1000 ETF New 0.09% +0.09
BA The Boeing Co. New 0.09% +0.09
NVDA Nvidia Corp. Add +5.2% 0.74% +0.08
XJQCX Nuveen Credit Strategies Inc. Add +20.8% 0.74% +0.08
VLO Valero Energy Corp. New 0.08% +0.08
MFM Aberdeen Municipal Income Add +108.1% 0.13% +0.07
HGLB Highland Global Allocation Add +18.5% 1.58% +0.06
QQQ Invesco QQQ Trust Series 1 Add +8.0% 0.19% +0.04
STEW SRH Total Return Fund Inc. Add +4.6% 1.62% +0.04
DGRO iShares Core Dividend Growth Add +0.1% 3.39% +0.04
JMM Nuveen Multi-Market Income New 0.04% +0.04
LLY Eli Lilly & Co. Add +6.0% 0.15% +0.03
GDL GDL Fund Add +65.7% 0.10% +0.03
BNY Bank of New York Mellon Corp. Add +7.0% 0.18% +0.03
SOUN Soundhound AI Inc. Class A New 0.03% +0.03
JPM JPMorgan Chase & Co. Add +0.0% 0.64% +0.03
SFM Sprouts Farmers Market Inc. Add +1.9% 0.56% +0.02
JEPI JPMorgan Equity Premium Inco Add +11.3% 0.64% +0.02
VOO Vanguard S&P 500 ETF Add +0.1% 0.32% +0.02
HD Home Depot Inc. Add +6.2% 0.24% +0.01
FSCO FS Credit Opportunities Corp. Add +9.8% 2.49% +0.01
DFAC Dimensional US Core Equity 2 Add +0.3% 0.17% +0.01
IWD iShares Russell 1000 Value E Add +0.1% 0.17% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +2.2% 0.71% −0.00
JPIE JPMorgan Income ETF Add +0.6% 0.13% −0.01
PFE Pfizer Inc. Add +14.7% 0.14% −0.01
BSV Vanguard Short-Term Bond ETF Add +0.1% 0.28% −0.02
PRCT Procept Biorobotics Corp. Add +0.4% 0.12% −0.02
EMB iShares JP Morgan Usd Emergi Add +0.0% 0.56% −0.02
COST Costco Wholesale Corp. Add +7.5% 0.51% −0.03
DMA Destra Multi-Alternative Add +10.4% 1.36% −0.07

Options Activity Q1 2026 → Q2 2026
STATE STR SPDR S&P 500 ETF T put Sold out 557 $809Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 157$249.4MAAPL, DGRO, LRCX, XPCQX, ASND
Q1 2026 162$233.3MAAPL, DGRO, XPCQX, ASND, XFLT
Q4 2025 165$223.3MAAPL, XPCQX, DGRO, MSFT, ASND
Q3 2025 164$222.2MAAPL, XPCQX, MSFT, DGRO, ASND
Q2 2025 168$211.5MAAPL, MSFT, DGRO, ASND, TWN
Q1 2025 165$189.6MAAPL, DGRO, MSFT, ASND, DMA
Q4 2024 169$196.7MAAPL, MSFT, DGRO, ASND, DMA
Q3 2024 176$205.6MAAPL, DGRO, MSFT, ASND, DMB
Q2 2024 181$202.1MAAPL, MSFT, DGRO, ASND, LRCX
Q1 2024 190$207.9MMSFT, AAPL, DGRO, SWAV, ASND