McElhenny Sheffield Capital Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 21, 2024), McElhenny Sheffield Capital Management, LLC reported 101 stock positions worth $304.9 million. Its top holding was M/S Managed Risk ETF (MSMR) at 19.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 15.0%) and Proshares Ultrapro QQQ (TQQQ, 10.7%). Compared with Q2 2024, it opened 17 new positions, sold out of 8, added to 20 and reduced 46. The biggest buy was a new position in St Sr Utl SL SE SPDR ETF-Usd (XLU) and the biggest sale an exit from iShares US Pharmaceuticals E (IHE).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001886813
Portfolio Value
$304.9M (Q3 2024)
SEC Filing
0001754960-24-000516 ↗ filed Oct 21, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $280.9M Q1 2024 Q2 2024: $290.0M Q2 2024 Q3 2024: $304.9M $304.9M Q3 2024 Q4 2024: $298.4M Q4 2024 Q1 2025: $266.8M Q1 2025 Q2 2025: $375.0M Q2 2025 Q3 2025: $422.0M Q3 2025 Q4 2025: $410.9M Q4 2025 Q1 2026: $403.4M Q1 2026 Q2 2026: $403.8M Q2 2026

Holdings 101 stocks · $304.9M
MSMR M/S Managed Risk ETF 19.73% 2,020,727 $60.2M Add +0.3%
QQQ Invesco QQQ Trust Series 1 15.04% 93,957 $45.9M Reduce -4.3%
TQQQ Proshares Ultrapro QQQ 10.71% 450,454 $32.7M Reduce -5.1%
SPY SS SPDR S&P 500 ETF Trust-US 10.22% 54,321 $31.2M Add +2.2%
XLU St Sr Utl SL SE SPDR ETF-Usd 7.36% 277,655 $22.4M New
ITA iShares U.S. Aerospace & Def 5.42% 110,341 $16.5M New
XLC SS Comm Select Sector SPDR 5.15% 173,837 $15.7M New
ITOT iShares Core S&P Total U.S. 3.43% 83,188 $10.5M Add +9.7%
XOM Exxon Mobil Corp. 2.54% 65,954 $7.7M Add +0.0%
AAPL Apple Inc. 1.92% 25,091 $5.8M Reduce -0.2%
MSFT Microsoft Corp. 1.74% 12,309 $5.3M Add +9.4%
ABT Abbott Laboratories 0.70% 18,855 $2.1M Reduce -0.3%
JPM JPMorgan Chase & Co. 0.55% 8,014 $1.7M Reduce -1.4%
WMT Walmart Inc. 0.50% 18,820 $1.5M Reduce -0.9%
PEP Pepsico Inc. 0.46% 8,282 $1.4M Add +0.3%
EPD Enterprise Products Partners 0.44% 46,256 $1.3M Reduce -0.8%
BX Blackstone Inc. 0.43% 8,519 $1.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.42% 5,840 $1.3M Add +0.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.37% 12,448 $1.1M Add +5.5%
CLIP Global X 1-3 Month T-Bill 0.32% 9,603 $965K New
PM Philip Morris International 0.31% 7,832 $951K Add +0.1%
LMT Lockheed Martin Corp. 0.30% 1,588 $928K Add +0.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.27% 10,235 $822K No change
ELV Elevance Health Inc. 0.26% 1,546 $804K Reduce -2.6%
CAT Caterpillar Inc. 0.26% 2,049 $801K Add +0.6%
V Visa Inc. Class A 0.26% 2,880 $792K Reduce -3.8%
OKE Oneok Inc. 0.26% 8,682 $791K No change
CB Chubb Ltd. 0.23% 2,408 $694K Reduce -9.8%
AMGN Amgen Inc. 0.23% 2,134 $688K Reduce -3.4%
VTIP Vanguard Short-Term Tips 0.22% 13,442 $663K No change
TMUS T-Mobile US Inc. 0.22% 3,194 $659K Reduce -7.5%
CVX Chevron Corp. 0.21% 4,407 $649K Reduce -1.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.21% 5,511 $648K Reduce -8.5%
MRK Merck & Co. Inc. 0.21% 5,675 $644K Reduce -3.4%
HLT Hilton Worldwide Holdings Inc. 0.20% 2,648 $610K New
UNH Unitedhealth Group Inc. 0.20% 1,033 $604K Reduce -47.0%
XLK SS Technology Select Sector 0.20% 2,672 $603K Reduce -2.5%
CMG Chipotle Mexican Grill Inc. 0.19% 10,242 $590K New
PGR Progressive Corp. 0.19% 2,319 $588K New
RSG Republic Services Inc. 0.19% 2,911 $585K Reduce -5.0%
MRSH Marsh & McLennan Cos 0.19% 2,620 $584K Reduce -8.0%
APH Amphenol Corp. Class A 0.19% 8,942 $583K New
ORLY O'reilly Automotive Inc. 0.19% 500 $576K Reduce -3.3%
MDLZ Mondelez International Inc. Class A 0.19% 7,780 $573K No change
WM Waste Management Inc. 0.19% 2,743 $569K Reduce -9.3%
PG The Procter & Gamble Co. 0.19% 3,281 $568K Add +0.1%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.18% 9,928 $563K Reduce -5.7%
KO The Coca-Cola Co. 0.18% 7,634 $549K Reduce -1.4%
AGG iShares Core U.S. Aggregate 0.18% 5,384 $545K Reduce -0.4%
TRV The Travelers Cos Inc. 0.18% 2,310 $541K New
MA Mastercard Inc. Class A 0.18% 1,092 $539K Reduce -8.7%
YUM Yum! Brands Inc. 0.17% 3,787 $529K Reduce -0.8%
IWM iShares Russell 2000 ETF 0.17% 2,381 $526K Reduce -73.2%
IBD Inspire Corporate Bond ETF 0.17% 21,725 $523K Reduce -6.1%
SYY Sysco Corp. 0.17% 6,622 $517K Reduce -3.8%
AVY Avery Dennison Corp. 0.17% 2,328 $514K Reduce -6.2%
TOTL SS Doubleline TR Tact ETF 0.17% 12,346 $511K Reduce -6.8%
TMO Thermo Fisher Scientific Inc. 0.16% 800 $495K No change
LAMR Lamar Advertising Co. Class A 0.16% 3,653 $488K Add +0.1%
PFE Pfizer Inc. 0.16% 16,517 $478K Add +0.1%
IJH iShares Core S&P Midcap ETF 0.16% 7,665 $478K Add +10.2%
FBND Fidelity Total Bond ETF 0.15% 9,873 $461K Reduce -6.8%
LH Labcorp Holdings Inc. 0.15% 2,008 $449K Add +0.3%
GOOG Alphabet Inc. Class C 0.15% 2,680 $448K Reduce -2.3%
MO Altria Group Inc. 0.15% 8,714 $445K Reduce -49.2%
ABBV Abbvie Inc. 0.15% 2,252 $445K Add +0.8%
AXP American Express Co. 0.15% 1,637 $444K Add +0.1%
MCD McDonald's Corp. 0.14% 1,449 $441K Reduce -0.5%
AVGO Broadcom Inc. 0.14% 2,518 $434K Reduce -7.4%
B Barrick Gold Corp. 0.13% 20,054 $399K No change
IWF iShares Russell 1000 Growth 0.13% 1,023 $384K New
JNK SS SPDR BB High Yield Bond 0.12% 3,767 $368K No change
ALL Allstate Corp. 0.12% 1,896 $360K No change
XLF SS Financial Select Sector 0.12% 7,921 $359K Reduce -97.8%
TXRH Texas Roadhouse Inc. 0.12% 2,000 $353K No change
BIBL Inspire 100 ETF 0.11% 8,488 $345K Reduce -6.0%
NVDA Nvidia Corp. 0.11% 2,814 $342K Add +7.0%
FPEI First Trust Institutional PR 0.11% 17,693 $337K No change
JNJ Johnson & Johnson 0.10% 1,950 $316K Reduce -64.7%
USMV iShares MSCI USA Min Vol Fac 0.10% 3,455 $315K No change
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.10% 9,729 $314K New
PHO Invesco Water Resources ETF 0.10% 4,390 $310K Reduce -5.0%
EFA iShares MSCI Eafe ETF 0.10% 3,671 $307K Add +1.3%
MDY State Street SPDR S&P Midcap 0.10% 535 $305K New
SCHD Schwab US DVD Equity ETF 0.10% 3,605 $305K Reduce -3.4%
IHI iShares U.S. Medical Devices 0.10% 5,118 $303K Reduce -5.5%
PAA Plains All Amer Pipeline LP 0.10% 16,990 $295K No change
ICLR Icon PLC 0.09% 1,000 $287K No change
TSLA Tesla Inc. 0.09% 1,070 $280K New
VZ Verizon Communications Inc. 0.09% 5,984 $269K Reduce -5.4%
NOBL Proshares S&P 500 Dividend A 0.08% 2,274 $243K No change
TGT Target Corp. 0.08% 1,550 $242K No change
ORCL Oracle Corp. 0.08% 1,408 $240K New
BRK.B Berkshire Hathaway Inc. Class B 0.08% 521 $240K No change
HD Home Depot Inc. 0.08% 576 $233K Reduce -7.7%
AFL Aflac Inc. 0.07% 2,000 $224K New
GLD SPDR Gold Shares 0.07% 910 $221K New
MSI Motorola Solutions Inc. 0.07% 478 $215K Reduce -16.6%
CSX CSX Corp. 0.07% 6,108 $211K Reduce -3.0%
DRSK Aptus Defined Risk ETF 0.07% 7,400 $209K No change
XLY SS Consumer Disc Select Sect 0.07% 1,037 $208K New

Portfolio Sells Q2 2024 → Q3 2024
IHE iShares US Pharmaceuticals E Sold out 0.00% −6.53
XLF SS Financial Select Sector Reduce -97.8% 0.12% −4.93
XLI SS Industrial Select Sector Sold out 0.00% −4.76
TQQQ Proshares Ultrapro QQQ Reduce -5.1% 10.71% −1.37
QQQ Invesco QQQ Trust Series 1 Reduce -4.3% 15.04% −1.17
IWM iShares Russell 2000 ETF Reduce -73.2% 0.17% −0.45
HIG Hartford Insurance Group Inc. Sold out 0.00% −0.23
TSCO Tractor Supply Company Sold out 0.00% −0.21
AME Ametek Inc. Sold out 0.00% −0.18
JNJ Johnson & Johnson Reduce -64.7% 0.10% −0.17
UNH Unitedhealth Group Inc. Reduce -47.0% 0.20% −0.14
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.14
MO Altria Group Inc. Reduce -49.2% 0.15% −0.12
HON Honeywell International Inc. Sold out 0.00% −0.07
ET Energy Transfer LP Sold out 0.00% −0.06
MRK Merck & Co. Inc. Reduce -3.4% 0.21% −0.04
WM Waste Management Inc. Reduce -9.3% 0.19% −0.04
ELV Elevance Health Inc. Reduce -2.6% 0.26% −0.03
CVX Chevron Corp. Reduce -1.7% 0.21% −0.03
GOOG Alphabet Inc. Class C Reduce -2.3% 0.15% −0.03
EPD Enterprise Products Partners Reduce -0.8% 0.44% −0.02
AVY Avery Dennison Corp. Reduce -6.2% 0.17% −0.02
AVGO Broadcom Inc. Reduce -7.4% 0.14% −0.02
TJX TJX Companies Inc. Reduce -8.5% 0.21% −0.02
XLK SS Technology Select Sector Reduce -2.5% 0.20% −0.02
MRSH Marsh & McLennan Cos Reduce -8.0% 0.19% −0.02
IBD Inspire Corporate Bond ETF Reduce -6.1% 0.17% −0.01
TOTL SS Doubleline TR Tact ETF Reduce -6.8% 0.17% −0.01
RSG Republic Services Inc. Reduce -5.0% 0.19% −0.01
FBND Fidelity Total Bond ETF Reduce -6.8% 0.15% −0.01
AMGN Amgen Inc. Reduce -3.4% 0.23% −0.01
JPM JPMorgan Chase & Co. Reduce -1.4% 0.55% −0.01
V Visa Inc. Class A Reduce -3.8% 0.26% −0.01
CB Chubb Ltd. Reduce -9.8% 0.23% −0.01
MSI Motorola Solutions Inc. Reduce -16.6% 0.07% −0.01
WRB WR Berkley Corp. Reduce -5.7% 0.18% −0.01
IHI iShares U.S. Medical Devices Reduce -5.5% 0.10% −0.01
MA Mastercard Inc. Class A Reduce -8.7% 0.18% −0.01
BIBL Inspire 100 ETF Reduce -6.0% 0.11% −0.01
CSX CSX Corp. Reduce -3.0% 0.07% −0.00
AGG iShares Core U.S. Aggregate Reduce -0.4% 0.18% −0.00
PHO Invesco Water Resources ETF Reduce -5.0% 0.10% −0.00
VZ Verizon Communications Inc. Reduce -5.4% 0.09% −0.00
YUM Yum! Brands Inc. Reduce -0.8% 0.17% −0.00
SCHD Schwab US DVD Equity ETF Reduce -3.4% 0.10% −0.00
SYY Sysco Corp. Reduce -3.8% 0.17% +0.00
ORLY O'reilly Automotive Inc. Reduce -3.3% 0.19% +0.00
HD Home Depot Inc. Reduce -7.7% 0.08% +0.00
TMUS T-Mobile US Inc. Reduce -7.5% 0.22% +0.01
KO The Coca-Cola Co. Reduce -1.4% 0.18% +0.01

Portfolio Buys Q2 2024 → Q3 2024
XLU St Sr Utl SL SE SPDR ETF-Usd New 7.36% +7.36
ITA iShares U.S. Aerospace & Def New 5.42% +5.42
XLC SS Comm Select Sector SPDR New 5.15% +5.15
ITOT iShares Core S&P Total U.S. Add +9.7% 3.43% +0.32
CLIP Global X 1-3 Month T-Bill New 0.32% +0.32
MSMR M/S Managed Risk ETF Add +0.3% 19.73% +0.20
HLT Hilton Worldwide Holdings Inc. New 0.20% +0.20
CMG Chipotle Mexican Grill Inc. New 0.19% +0.19
PGR Progressive Corp. New 0.19% +0.19
APH Amphenol Corp. Class A New 0.19% +0.19
TRV The Travelers Cos Inc. New 0.18% +0.18
IWF iShares Russell 1000 Growth New 0.13% +0.13
DJP Ipath Bloomberg Commodity Inc. New 0.10% +0.10
MDY State Street SPDR S&P Midcap New 0.10% +0.10
TSLA Tesla Inc. New 0.09% +0.09
ORCL Oracle Corp. New 0.08% +0.08
IBM Intl Business Machines Corp. Add +0.1% 0.42% +0.08
AFL Aflac Inc. New 0.07% +0.07
GLD SPDR Gold Shares New 0.07% +0.07
XLY SS Consumer Disc Select Sect New 0.07% +0.07
SPY SS SPDR S&P 500 ETF Trust-US Add +2.2% 10.22% +0.06
LMT Lockheed Martin Corp. Add +0.1% 0.30% +0.05
PM Philip Morris International Add +0.1% 0.31% +0.04
CAT Caterpillar Inc. Add +0.6% 0.26% +0.03
IJH iShares Core S&P Midcap ETF Add +10.2% 0.16% +0.02
AXP American Express Co. Add +0.1% 0.15% +0.01
ABBV Abbvie Inc. Add +0.8% 0.15% +0.01
LAMR Lamar Advertising Co. Class A Add +0.1% 0.16% +0.01
NVDA Nvidia Corp. Add +7.0% 0.11% +0.01
LH Labcorp Holdings Inc. Add +0.3% 0.15% +0.01
EFA iShares MSCI Eafe ETF Add +1.3% 0.10% +0.00
MSFT Microsoft Corp. Add +9.4% 1.74% +0.00
BIL SS SPDR BB 1-3M T-Bill ETF Add +5.5% 0.37% +0.00
PG The Procter & Gamble Co. Add +0.1% 0.19% −0.00
PFE Pfizer Inc. Add +0.1% 0.16% −0.00
PEP Pepsico Inc. Add +0.3% 0.46% −0.01
XOM Exxon Mobil Corp. Add +0.0% 2.54% −0.08

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$403.8MMSMR, IEF, SGOV, SPY, NOBL
Q1 2026 95$403.4MMSMR, SHY, SGOV, IBB, IHE
Q4 2025 100$410.9MMSMR, TQQQ, QQQ, SPY, IBB
Q3 2025 106$422.0MMSMR, TQQQ, QQQ, SPY, ITA
Q2 2025Amended 103$375.0MMSMR, TQQQ, QQQ, SPY, GLD
Q1 2025 99$266.8MMSMR, IEF, GLD, XLF, XLC
Q4 2024 102$298.4MMSMR, BIL, SGOV, SPY, XLU
Q3 2024 101$304.9MMSMR, QQQ, TQQQ, SPY, XLU
Q2 2024 92$290.0MMSMR, QQQ, TQQQ, SPY, IHE
Q1 2024 95$280.9MQQQ, MSMR, TQQQ, SPY, ITA