McElhenny Sheffield Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), McElhenny Sheffield Capital Management, LLC reported 100 stock positions worth $410.9 million. Its top holding was M/S Managed Risk ETF (MSMR) at 26.2% of the portfolio, followed by Proshares Ultrapro QQQ (TQQQ, 15.6%) and Invesco QQQ Trust Series 1 (QQQ, 14.0%). Compared with Q3 2025, it opened 15 new positions, sold out of 21, added to 39 and reduced 36. The biggest buy was a new position in iShares Biotechnology ETF (IBB) and the biggest sale an exit from iShares U.S. Aerospace & Def (ITA).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001886813
- Portfolio Value
- $410.9M (Q4 2025)
- SEC Filing
- 0001754960-26-000105 ↗ filed Jan 21, 2026
Holdings Value
Holdings 100 stocks · $410.9M
| MSMR M/S Managed Risk ETF | 26.16% | 3,086,979 | $107.5M | Add +2.8% |
| TQQQ Proshares Ultrapro QQQ | 15.57% | 1,213,489 | $64.0M | Reduce -11.1% |
| QQQ Invesco QQQ Trust Series 1 | 14.01% | 93,692 | $57.6M | Reduce -2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 9.18% | 55,316 | $37.7M | Reduce -5.1% |
| IBB iShares Biotechnology ETF | 6.18% | 150,503 | $25.4M | New |
| IWM iShares Russell 2000 ETF | 4.61% | 76,923 | $18.9M | Add +4869.2% |
| XLY SS Consumer Disc Select Sect | 4.25% | 146,272 | $17.5M | Add +6952.6% |
| ITOT iShares Core S&P Total U.S. | 3.52% | 97,395 | $14.5M | Add +3.2% |
| NOBL Proshares S&P 500 Dividend A | 2.99% | 118,107 | $12.3M | Add +0.0% |
| MSFT Microsoft Corp. | 1.03% | 8,764 | $4.2M | Reduce -32.9% |
| AAPL Apple Inc. | 1.02% | 15,453 | $4.2M | Reduce -38.5% |
| JPM JPMorgan Chase & Co. | 0.72% | 9,170 | $3.0M | Add +10.0% |
| WMT Walmart Inc. | 0.53% | 19,538 | $2.2M | Add +0.7% |
| NVDA Nvidia Corp. | 0.43% | 9,420 | $1.8M | Add +17.3% |
| ABT Abbott Laboratories | 0.39% | 12,657 | $1.6M | Reduce -34.0% |
| GOOG Alphabet Inc. Class C | 0.30% | 3,934 | $1.2M | Add +6.2% |
| AVGO Broadcom Inc. | 0.30% | 3,539 | $1.2M | Add +7.6% |
| GLNK Grayscale Chainlink Trust Et | 0.28% | 103,820 | $1.1M | New |
| PM Philip Morris International | 0.27% | 6,922 | $1.1M | Reduce -17.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.26% | 11,568 | $1.1M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.25% | 8,509 | $1.0M | Reduce -64.2% |
| AGG iShares Core U.S. Aggregate | 0.24% | 9,681 | $967K | Add +14.1% |
| PEP Pepsico Inc. | 0.19% | 5,487 | $788K | Reduce -35.3% |
| XLK SS Technology Select Sector | 0.19% | 5,436 | $783K | Reduce -95.6% |
| BX Blackstone Inc. | 0.17% | 4,582 | $706K | Reduce -47.3% |
| AMZN Amazon.com Inc. | 0.16% | 2,927 | $676K | Add +19.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 2,211 | $655K | Reduce -63.3% |
| CAT Caterpillar Inc. | 0.16% | 1,138 | $652K | Reduce -46.1% |
| ABBV Abbvie Inc. | 0.15% | 2,649 | $605K | Add +2.8% |
| TOTL SS Doubleline TR Tact ETF | 0.15% | 14,962 | $602K | Add +1.6% |
| FBND Fidelity Total Bond ETF | 0.15% | 13,006 | $599K | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 0.14% | 1,883 | $589K | Add +17.0% |
| YUM Yum! Brands Inc. | 0.14% | 3,838 | $581K | Reduce -0.0% |
| VNQ Vanguard Real Estate ETF | 0.14% | 6,498 | $575K | Add +135.9% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 913 | $529K | Add +0.1% |
| TSLA Tesla Inc. | 0.13% | 1,166 | $524K | Add +2.8% |
| MCD McDonald's Corp. | 0.12% | 1,669 | $510K | Add +0.2% |
| V Visa Inc. Class A | 0.12% | 1,451 | $509K | Add +6.4% |
| DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC | 0.12% | 13,271 | $499K | Reduce -27.2% |
| META Meta Platforms Inc. Class A | 0.12% | 753 | $497K | Add +20.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 982 | $494K | Add +28.7% |
| IBIT iShares Bitcoin Trust ETF | 0.12% | 9,874 | $490K | Reduce -62.2% |
| MA Mastercard Inc. Class A | 0.12% | 846 | $483K | Add +9.4% |
| ETHA iShares Ethereum Trust ETF | 0.12% | 21,463 | $481K | Reduce -45.6% |
| CVX Chevron Corp. | 0.12% | 3,100 | $472K | Reduce -32.8% |
| MCK McKesson Corp. | 0.11% | 561 | $461K | New |
| AXP American Express Co. | 0.11% | 1,236 | $457K | Reduce -30.5% |
| SPGI S&P Global Inc. | 0.11% | 869 | $454K | Add +9.9% |
| L Loews Corp. | 0.11% | 4,305 | $453K | New |
| AME Ametek Inc. | 0.11% | 2,193 | $450K | New |
| MSCI MSCI Inc. | 0.11% | 773 | $443K | Add +17.1% |
| EPD Enterprise Products Partners | 0.11% | 13,546 | $434K | Reduce -70.3% |
| MO Altria Group Inc. | 0.11% | 7,512 | $433K | Reduce -11.8% |
| IJH iShares Core S&P Midcap ETF | 0.11% | 6,543 | $432K | Reduce -1.4% |
| IWF iShares Russell 1000 Growth | 0.10% | 903 | $427K | No change |
| COR Cencora Inc. | 0.10% | 1,257 | $425K | New |
| MU Micron Technology Inc. | 0.10% | 1,475 | $421K | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.10% | 1,228 | $405K | Add +2.1% |
| AVY Avery Dennison Corp. | 0.10% | 2,171 | $395K | Add +3.5% |
| MDLZ Mondelez International Inc. Class A | 0.09% | 7,153 | $385K | Reduce -11.9% |
| MRSH Marsh & McLennan Cos | 0.09% | 2,061 | $382K | Add +10.3% |
| AIZ Assurant Inc. | 0.09% | 1,581 | $381K | Reduce -0.1% |
| GWW WW Grainger Inc. | 0.09% | 365 | $368K | Add +4.9% |
| RSG Republic Services Inc. | 0.09% | 1,737 | $368K | Add +12.1% |
| SYY Sysco Corp. | 0.09% | 4,806 | $354K | Add +15.1% |
| TAP Molson Coors Beverage Co. Class B | 0.08% | 7,382 | $345K | Add +9.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.08% | 3,653 | $344K | No change |
| ORCL Oracle Corp. | 0.08% | 1,732 | $338K | Add +1.8% |
| TXRH Texas Roadhouse Inc. | 0.08% | 2,000 | $332K | No change |
| PFE Pfizer Inc. | 0.08% | 12,992 | $323K | Reduce -24.5% |
| BDX Becton Dickinson and Co. | 0.08% | 1,590 | $309K | Add +3.6% |
| LMT Lockheed Martin Corp. | 0.07% | 627 | $303K | Reduce -61.3% |
| LLY Eli Lilly & Co. | 0.07% | 281 | $302K | New |
| CADE Cadence Bank | 0.07% | 7,000 | $300K | No change |
| SCHD Schwab US DVD Equity ETF | 0.07% | 10,875 | $298K | Add +5.8% |
| VRSK Verisk Analytics Inc. | 0.07% | 1,310 | $293K | Add +19.1% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.07% | 10,342 | $291K | Reduce -0.3% |
| ALL Allstate Corp. | 0.07% | 1,361 | $283K | Reduce -64.6% |
| PHO Invesco Water Resources ETF | 0.07% | 3,955 | $278K | No change |
| PFF iShares Preferred & Income S | 0.07% | 8,905 | $276K | New |
| ETN Eaton Corp. PLC | 0.07% | 855 | $272K | New |
| HD Home Depot Inc. | 0.07% | 783 | $270K | Reduce -3.2% |
| MDY State Street SPDR S&P Midcap | 0.07% | 445 | $268K | No change |
| PG The Procter & Gamble Co. | 0.06% | 1,829 | $262K | Reduce -47.3% |
| FPE FT-Preferred Secur & Inc. ETF | 0.06% | 14,385 | $262K | No change |
| IHI iShares U.S. Medical Devices | 0.06% | 4,158 | $258K | No change |
| GL Globe Life Inc. | 0.06% | 1,839 | $257K | New |
| HON Honeywell International Inc. | 0.06% | 1,285 | $251K | Add +25.1% |
| CMG Chipotle Mexican Grill Inc. | 0.06% | 6,582 | $244K | New |
| CSX CSX Corp. | 0.06% | 6,428 | $233K | Reduce -60.1% |
| SCZ iShares MSCI Eafe Small-Cap | 0.06% | 2,955 | $229K | New |
| DE Deere & Co. | 0.06% | 492 | $229K | New |
| VEA Vanguard Ftse Developed ETF | 0.05% | 3,570 | $223K | Add +4.0% |
| AFL Aflac Inc. | 0.05% | 2,000 | $221K | Reduce -3.4% |
| JNJ Johnson & Johnson | 0.05% | 1,034 | $214K | Reduce -54.1% |
| ELV Elevance Health Inc. | 0.05% | 607 | $213K | New |
| DRSK Aptus Defined Risk ETF | 0.05% | 7,400 | $211K | No change |
| NFLX Netflix Inc. | 0.05% | 2,199 | $206K | New |
| KO The Coca-Cola Co. | 0.05% | 2,891 | $202K | Reduce -63.1% |
| GBDC Golub Capital BDC Inc. | 0.04% | 11,050 | $150K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| ITA iShares U.S. Aerospace & Def | Sold out | 0.00% | −5.40 |
| XLK SS Technology Select Sector | Reduce -95.6% | 0.19% | −3.96 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −3.73 |
| TQQQ Proshares Ultrapro QQQ | Reduce -11.1% | 15.57% | −1.16 |
| MSFT Microsoft Corp. | Reduce -32.9% | 1.03% | −0.57 |
| AAPL Apple Inc. | Reduce -38.5% | 1.02% | −0.49 |
| XOM Exxon Mobil Corp. | Reduce -64.2% | 0.25% | −0.39 |
| IBIT iShares Bitcoin Trust ETF | Reduce -62.2% | 0.12% | −0.28 |
| IBM Intl Business Machines Corp. | Reduce -63.3% | 0.16% | −0.24 |
| EPD Enterprise Products Partners | Reduce -70.3% | 0.11% | −0.23 |
| ABT Abbott Laboratories | Reduce -34.0% | 0.39% | −0.22 |
| BX Blackstone Inc. | Reduce -47.3% | 0.17% | −0.18 |
| ETHA iShares Ethereum Trust ETF | Reduce -45.6% | 0.12% | −0.18 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.16 |
| B Barrick Mining Corp. | Sold out | 0.00% | −0.16 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.15 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.14 |
| LH Labcorp Holdings Inc. | Sold out | 0.00% | −0.14 |
| ALL Allstate Corp. | Reduce -64.6% | 0.07% | −0.13 |
| LMT Lockheed Martin Corp. | Reduce -61.3% | 0.07% | −0.12 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.11 |
| LAMR Lamar Advertising Co. Class A | Sold out | 0.00% | −0.11 |
| PEP Pepsico Inc. | Reduce -35.3% | 0.19% | −0.09 |
| LIN Linde PLC | Sold out | 0.00% | −0.09 |
| FPEI First Trust Institutional PR | Sold out | 0.00% | −0.08 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.08 |
| CAT Caterpillar Inc. | Reduce -46.1% | 0.16% | −0.08 |
| CSX CSX Corp. | Reduce -60.1% | 0.06% | −0.08 |
| TSN Tyson Foods Inc. Class A | Sold out | 0.00% | −0.08 |
| KO The Coca-Cola Co. | Reduce -63.1% | 0.05% | −0.07 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.07 |
| PAA Plains All Amer Pipeline LP | Sold out | 0.00% | −0.07 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.07 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.07 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -47.3% | 0.06% | −0.06 |
| CVX Chevron Corp. | Reduce -32.8% | 0.12% | −0.05 |
| PM Philip Morris International | Reduce -17.8% | 0.27% | −0.05 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.05 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.05 |
| FAST Fastenal Co. | Sold out | 0.00% | −0.05 |
| JNJ Johnson & Johnson | Reduce -54.1% | 0.05% | −0.05 |
| DJP Ipath Bloomberg Commodity Inc. | Reduce -27.2% | 0.12% | −0.03 |
| AXP American Express Co. | Reduce -30.5% | 0.11% | −0.03 |
| MO Altria Group Inc. | Reduce -11.8% | 0.11% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -11.9% | 0.09% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.1% | 9.18% | −0.03 |
| PFE Pfizer Inc. | Reduce -24.5% | 0.08% | −0.03 |
| HD Home Depot Inc. | Reduce -3.2% | 0.07% | −0.01 |
| VICI Vici Properties Inc. | Reduce -0.3% | 0.07% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| IBB iShares Biotechnology ETF | New | 6.18% | +6.18 |
| IWM iShares Russell 2000 ETF | Add +4869.2% | 4.61% | +4.52 |
| XLY SS Consumer Disc Select Sect | Add +6952.6% | 4.25% | +4.19 |
| MSMR M/S Managed Risk ETF | Add +2.8% | 26.16% | +2.10 |
| GLNK Grayscale Chainlink Trust Et | New | 0.28% | +0.28 |
| ITOT iShares Core S&P Total U.S. | Add +3.2% | 3.52% | +0.27 |
| MCK McKesson Corp. | New | 0.11% | +0.11 |
| L Loews Corp. | New | 0.11% | +0.11 |
| AME Ametek Inc. | New | 0.11% | +0.11 |
| NOBL Proshares S&P 500 Dividend A | Add +0.0% | 2.99% | +0.11 |
| COR Cencora Inc. | New | 0.10% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +10.0% | 0.72% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +6.2% | 0.30% | +0.09 |
| VNQ Vanguard Real Estate ETF | Add +135.9% | 0.14% | +0.08 |
| LLY Eli Lilly & Co. | New | 0.07% | +0.07 |
| NVDA Nvidia Corp. | Add +17.3% | 0.43% | +0.07 |
| PFF iShares Preferred & Income S | New | 0.07% | +0.07 |
| ETN Eaton Corp. PLC | New | 0.07% | +0.07 |
| GL Globe Life Inc. | New | 0.06% | +0.06 |
| CMG Chipotle Mexican Grill Inc. | New | 0.06% | +0.06 |
| WMT Walmart Inc. | Add +0.7% | 0.53% | +0.06 |
| SCZ iShares MSCI Eafe Small-Cap | New | 0.06% | +0.06 |
| DE Deere & Co. | New | 0.06% | +0.06 |
| ELV Elevance Health Inc. | New | 0.05% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +17.0% | 0.14% | +0.05 |
| NFLX Netflix Inc. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +7.6% | 0.30% | +0.04 |
| AMZN Amazon.com Inc. | Add +19.0% | 0.16% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +14.1% | 0.24% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +28.7% | 0.12% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 0.13% | +0.02 |
| SPGI S&P Global Inc. | Add +9.9% | 0.11% | +0.02 |
| MSCI MSCI Inc. | Add +17.1% | 0.11% | +0.02 |
| AVY Avery Dennison Corp. | Add +3.5% | 0.10% | +0.02 |
| V Visa Inc. Class A | Add +6.4% | 0.12% | +0.01 |
| MA Mastercard Inc. Class A | Add +9.4% | 0.12% | +0.01 |
| META Meta Platforms Inc. Class A | Add +20.3% | 0.12% | +0.01 |
| TAP Molson Coors Beverage Co. Class B | Add +9.6% | 0.08% | +0.01 |
| GWW WW Grainger Inc. | Add +4.9% | 0.09% | +0.01 |
| HON Honeywell International Inc. | Add +25.1% | 0.06% | +0.01 |
| TSLA Tesla Inc. | Add +2.8% | 0.13% | +0.01 |
| BDX Becton Dickinson and Co. | Add +3.6% | 0.08% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +5.8% | 0.07% | +0.01 |
| ABBV Abbvie Inc. | Add +2.8% | 0.15% | +0.01 |
| VRSK Verisk Analytics Inc. | Add +19.1% | 0.07% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +4.0% | 0.05% | +0.01 |
| RSG Republic Services Inc. | Add +12.1% | 0.09% | +0.01 |
| TOTL SS Doubleline TR Tact ETF | Add +1.6% | 0.15% | +0.00 |
| SYY Sysco Corp. | Add +15.1% | 0.09% | +0.00 |
| MCD McDonald's Corp. | Add +0.2% | 0.12% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 108 | $403.8M | MSMR, IEF, SGOV, SPY, NOBL |
| Q1 2026 | 95 | $403.4M | MSMR, SHY, SGOV, IBB, IHE |
| Q4 2025 | 100 | $410.9M | MSMR, TQQQ, QQQ, SPY, IBB |
| Q3 2025 | 106 | $422.0M | MSMR, TQQQ, QQQ, SPY, ITA |
| Q2 2025Amended | 103 | $375.0M | MSMR, TQQQ, QQQ, SPY, GLD |
| Q1 2025 | 99 | $266.8M | MSMR, IEF, GLD, XLF, XLC |
| Q4 2024 | 102 | $298.4M | MSMR, BIL, SGOV, SPY, XLU |
| Q3 2024 | 101 | $304.9M | MSMR, QQQ, TQQQ, SPY, XLU |
| Q2 2024 | 92 | $290.0M | MSMR, QQQ, TQQQ, SPY, IHE |
| Q1 2024 | 95 | $280.9M | QQQ, MSMR, TQQQ, SPY, ITA |