Oxbow Advisors, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Oxbow Advisors, LLC reported 228 stock positions worth $826.3 million. Its top holding was iShares Treasury Floating Ra (TFLO) at 10.3% of the portfolio, followed by F/M US Treasury 3 Month Bill (TBIL, 8.5%) and iShares Gold Trust (IAU, 5.1%). Compared with Q1 2024, it opened 25 new positions, sold out of 18, added to 82 and reduced 60. The biggest buy was F/M US Treasury 3 Month Bill (TBIL, shares +29545%) and the biggest sale iShares Treasury Floating Ra (TFLO, shares −14%).

Most Recent 13F
Q2 2026
Location
Austin, TX
CIK
0001564770
Portfolio Value
$826.3M (Q2 2024)
SEC Filing
0001564770-24-000006 ↗ filed Aug 6, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $702.3M Q1 2024 Q2 2024: $826.3M $826.3M Q2 2024 Q3 2024: $980.3M Q3 2024 Q4 2024: $827.5M Q4 2024 Q1 2025: $924.1M Q1 2025 Q2 2025: $898.8M Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 228 stocks · $826.3M
TFLO iShares Treasury Floating Ra 10.28% 1,677,294 $85.0M Reduce -14.3%
TBIL F/M US Treasury 3 Month Bill 8.52% 1,406,658 $70.4M Add +29545.1%
IAU iShares Gold Trust 5.13% 964,209 $42.4M Add +8.5%
EPD Enterprise Products Partners 4.83% 1,377,591 $39.9M Add +0.1%
MSFT Microsoft Corp. 4.32% 79,906 $35.7M Reduce -1.7%
EDV Vanguard Extended Dur Treas 3.17% 356,714 $26.2M New
AAPL Apple Inc. 3.03% 118,929 $25.0M Add +0.3%
GOOG Alphabet Inc. Class C 3.03% 136,307 $25.0M Reduce -1.6%
MPLX MPLX LP 2.07% 401,696 $17.1M Add +33.5%
RGLD Royal Gold Inc. 1.70% 111,960 $14.0M Add +1.9%
PAGP Plains GP Holdings LP 1.51% 662,373 $12.5M Reduce -0.6%
MA Mastercard Inc. Class A 1.46% 27,363 $12.1M Reduce -0.5%
ADBE Adobe Inc. 1.46% 21,655 $12.0M Add +8.5%
WMB Williams Cos Inc. 1.44% 278,992 $11.9M Reduce -21.8%
AEM Agnico Eagle Mines Ltd. 1.40% 177,359 $11.6M Add +7.3%
V Visa Inc. Class A 1.30% 40,843 $10.7M Reduce -1.3%
EMB iShares JP Morgan Usd Emergi 1.27% 118,253 $10.5M Add +40.4%
DSTL Distillate US Fundamental St 1.23% 197,563 $10.2M Add +3.5%
XOM Exxon Mobil Corp. 1.20% 85,962 $9.9M Add +1.1%
ORLY O'reilly Automotive Inc. 1.13% 8,863 $9.4M Reduce -2.7%
NOW ServiceNow Inc. 1.10% 11,518 $9.1M Reduce -0.9%
KMI Kinder Morgan Inc. 1.10% 455,859 $9.1M Add +0.3%
MCO Moody's Corp. 1.04% 20,351 $8.6M Reduce -2.1%
SLV iShares Silver Trust 0.97% 302,548 $8.0M Add +2574.1%
ET Energy Transfer LP 0.95% 486,010 $7.9M Add +3.4%
EWU iShares MSCI United Kingdom 0.95% 224,925 $7.8M Add +1.3%
ACN Accenture PLC Class A 0.90% 24,529 $7.4M Add +1.7%
LOW Lowe's Cos Inc. 0.89% 33,268 $7.3M Reduce -3.3%
TPYP Managed Portfolio Series 0.86% 247,378 $7.1M Reduce -4.2%
UL Unilever PLC 0.84% 125,648 $6.9M Reduce -0.4%
NEM Newmont Corp. 0.76% 149,012 $6.2M Add +610.0%
JPST JPMorgan Ultra-Short Income 0.74% 121,018 $6.1M Reduce -6.2%
MCD McDonald's Corp. 0.73% 23,516 $6.0M Add +10.3%
KMB Kimberly-Clark Corp. 0.72% 42,819 $5.9M Reduce -2.1%
GLD SPDR Gold Shares 0.71% 27,177 $5.8M Add +1.4%
JNJ Johnson & Johnson 0.70% 39,849 $5.8M Add +0.9%
ELV Elevance Health Inc. 0.68% 10,372 $5.6M Reduce -1.6%
CI The Cigna Group 0.66% 16,409 $5.4M Reduce -3.0%
GSK GSK PLC-Spon ADR 0.64% 136,305 $5.2M Add +4.4%
RSP Invesco S&P 500 Equal Weight 0.63% 31,783 $5.2M Reduce -1.5%
PEG Public Service Enterprise GP 0.62% 69,226 $5.1M Reduce -3.3%
KO The Coca-Cola Co. 0.61% 79,022 $5.0M Add +1.5%
UGI Ugi Corp. 0.60% 216,324 $5.0M Add +2.0%
EOG EOG Resources Inc. 0.60% 39,238 $4.9M Reduce -52.8%
GILD Gilead Sciences Inc. 0.59% 71,544 $4.9M New
SNY Sanofi-ADR 0.59% 99,726 $4.8M Add +3.5%
ETR Entergy Corp. 0.56% 42,979 $4.6M Add +1.8%
EXPE Expedia Group Inc. 0.52% 33,937 $4.3M New
CNC Centene Corp. 0.50% 61,942 $4.1M Add +3.3%
LNG Cheniere Energy Inc. 0.50% 23,419 $4.1M Add +0.2%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.45% 14,424 $3.7M Reduce -0.5%
LULU Lululemon Athletica Inc. 0.45% 12,505 $3.7M New
BKNG Booking Holdings Inc. 0.44% 921 $3.6M New
NTR Nutrien Ltd. 0.44% 70,805 $3.6M Add +1.8%
MOS The Mosaic Co. 0.43% 123,609 $3.6M New
BX Blackstone Inc. 0.40% 26,545 $3.3M Add +8.4%
MRK Merck & Co. Inc. 0.35% 23,442 $2.9M Add +395.4%
GDX Vaneck Gold Miners ETF 0.34% 83,832 $2.8M Add +97.1%
NVS Novartis AG-Sponsored ADR 0.33% 25,547 $2.7M New
CAT Caterpillar Inc. 0.33% 8,065 $2.7M Add +1.3%
GDXJ Vaneck Junior Gold Miners 0.33% 63,784 $2.7M Add +98.3%
MAS Masco Corp. 0.32% 40,233 $2.7M Add +955.7%
QQQ Invesco QQQ Trust Series 1 0.31% 5,391 $2.6M No change
AVGO Broadcom Inc. 0.30% 1,533 $2.5M Add +5.5%
AMZN Amazon.com Inc. 0.29% 12,307 $2.4M Add +1.8%
EIX Edison International 0.28% 32,443 $2.3M New
RMD Resmed Inc. 0.28% 11,942 $2.3M New
COST Costco Wholesale Corp. 0.28% 2,689 $2.3M Add +14.2%
DVY iShares Select Dividend ETF 0.26% 17,935 $2.2M Reduce -6.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 3,924 $2.1M Reduce -0.3%
GOOGL Alphabet Inc. Class A 0.26% 11,714 $2.1M Add +34.0%
VTI VG Morningstar TS MKT ETF-US 0.25% 7,860 $2.1M Reduce -0.1%
PAA Plains All Amer Pipeline LP 0.25% 115,933 $2.1M No change
MOH Molina Healthcare Inc. 0.25% 6,941 $2.1M New
VOO Vanguard S&P 500 ETF 0.24% 3,904 $2.0M No change
FNV Franco-Nevada Corp. 0.23% 16,352 $1.9M Add +1.4%
NVDA Nvidia Corp. 0.22% 14,870 $1.8M Reduce -4.3%
WM Waste Management Inc. 0.21% 8,275 $1.8M No change
GSY Invesco Ultra Short Duration filed as POWERSHARES ACTIVELY MANAGED 0.21% 35,195 $1.8M Reduce -5.0%
CVX Chevron Corp. 0.21% 11,106 $1.7M Reduce -5.8%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.20% 5,200 $1.6M No change
JXN Jackson Financial Inc. Class A 0.20% 21,904 $1.6M Reduce -6.7%
PG The Procter & Gamble Co. 0.19% 9,614 $1.6M Add +1.6%
PEP Pepsico Inc. 0.18% 8,982 $1.5M Add +0.7%
ADP Automatic Data Processing 0.18% 6,105 $1.5M No change
CLEARBRIDGE MLP AND MIDSTRM 0.16% 33,277 $1.4M No change
WMT Walmart Inc. 0.16% 19,619 $1.3M Add +3.7%
AGI Alamos Gold Inc. Class A 0.16% 82,376 $1.3M Add +16.7%
ABBV Abbvie Inc. 0.15% 7,359 $1.3M No change
BRK.B Berkshire Hathaway Inc. Class B 0.15% 3,089 $1.3M Add +1.4%
COP Conocophillips 0.14% 10,128 $1.2M Add +3.5%
VTR Ventas Inc. 0.14% 21,815 $1.1M Add +0.1%
MSI Motorola Solutions Inc. 0.13% 2,805 $1.1M Reduce -0.7%
B Barrick Gold Corp. 0.13% 62,539 $1.0M Add +0.2%
AMLP Alerian MLP ETF 0.12% 21,425 $1.0M Add +399.9%
VB Vanguard Most SM-Cap ETF-Usd 0.12% 4,650 $1.0M No change
KR Kroger Co. 0.12% 19,705 $984K Reduce -83.3%
OKE Oneok Inc. 0.12% 11,862 $967K Reduce -3.4%
LLY Eli Lilly & Co. 0.11% 1,046 $947K Add +2.5%
FANG Diamondback Energy Inc. 0.11% 4,641 $929K Add +0.8%
MPC Marathon Petroleum Corp. 0.11% 5,288 $917K Add +0.1%
PNFP Pinnacle Financial Partners 0.11% 11,400 $912K No change
ABT Abbott Laboratories 0.11% 8,752 $909K Reduce -0.1%
SHEL Shell PLC-ADR 0.11% 12,040 $869K Reduce -1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 4,970 $860K Reduce -1.0%
HD Home Depot Inc. 0.10% 2,490 $857K Add +3.8%
AXP American Express Co. 0.10% 3,678 $852K Reduce -15.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 3,400 $823K No change
TSM Taiwan Semiconductor-SP ADR 0.09% 4,353 $757K New
MELI MercadoLibre Inc. 0.09% 452 $743K Reduce -7.8%
XPRO Expro Group Holdings NV 0.09% 32,197 $738K Reduce -5.8%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.09% 807 $728K No change
SHY iShares 1-3 Year Treasury Bo 0.09% 8,600 $702K Add +8.9%
SYY Sysco Corp. 0.08% 9,600 $685K No change
RSG Republic Services Inc. 0.08% 3,516 $683K Reduce -5.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 17,091 $680K Add +36.3%
STEL Stellar Bancorp Inc. 0.08% 28,368 $651K No change
IWV iShares Russell 3000 ETF 0.08% 2,105 $650K Reduce -15.6%
MU Micron Technology Inc. 0.07% 4,700 $618K Add +46.9%
BRK.A Berkshire Hathaway Inc. Class A 0.07% 1 $612K No change
VTS Vitesse Energy Inc. 0.07% 25,537 $605K Add +32.5%
GFI Gold Fields Ltd.-Spons ADR 0.07% 39,289 $585K No change
GGN Gamco GLBL Gold NTRL Res Inc. 0.07% 130,200 $583K Add +41.9%
SILV Silvercrest Metals Inc. 0.07% 68,299 $557K Add +117.9%
GS Goldman Sachs Group Inc. 0.07% 1,221 $552K Add +4.3%
UBER Uber Technologies Inc. 0.07% 7,545 $548K Add +7.1%
ZTS Zoetis Inc. 0.07% 3,123 $541K No change
MTG Mgic Investment Corp. 0.07% 25,000 $539K No change
DELL Dell Technologies -C 0.07% 3,900 $538K New
GBTC Grayscale Bitcoin Trust ETF 0.06% 10,000 $532K No change
NGD New Gold Inc. 0.06% 272,376 $531K No change
WPM Wheaton Precious Metals Corp. 0.06% 10,104 $530K Add +111.9%
DSMC Distillate S/M Cash Flow ETF 0.06% 15,195 $528K New
INDA iShares MSCI India ETF 0.06% 9,450 $527K Add +50.0%
DOW Dow Inc. 0.06% 9,869 $524K No change
GIS General Mills Inc. 0.06% 8,260 $523K No change
CLX Clorox Company 0.06% 3,759 $513K Add +0.1%
STR Sitio Royalties Corp. Class A 0.06% 21,650 $511K Reduce -1.5%
NVG Nuveen Amt-FR Muni CRDT 0.06% 40,535 $505K Reduce -11.2%
ABERDEEN ASIA PACIFIC INCOM filed as ABRDN ASIA PACIFIC INCOME FU 0.06% 183,067 $491K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.06% 1,286 $481K Reduce -12.9%
PROSHARES SHORT S&P500 0.06% 41,635 $475K No change
KWEB Kranesh Csi China Internet 0.06% 17,550 $474K Add +12.5%
SUN Sunoco LP 0.06% 8,169 $462K New
GD General Dynamics Corp. 0.05% 1,557 $452K Reduce -7.8%
MCK McKesson Corp. 0.05% 761 $444K No change
AMD Advanced Micro Devices 0.05% 2,710 $440K Reduce -5.3%
SCCO Southern Copper Corp. 0.05% 4,040 $435K Add +1.0%
PSQ Proshares Short QQQ 0.05% 10,698 $433K No change
XBI SS SPDR S&P Biotech ETF 0.05% 4,650 $431K No change
CSCO Cisco Systems Inc. 0.05% 9,064 $431K Add +9.8%
DD Dupont DE Nemours Inc. 0.05% 5,269 $424K No change
JPM JPMorgan Chase & Co. 0.05% 2,079 $420K Add +5.0%
PSLV Sprott Physical Silver Trust 0.05% 41,078 $408K Reduce -9.2%
CEM Clearbridge MLP & Midstream 0.05% 8,530 $404K No change
NFLX Netflix Inc. 0.05% 595 $402K Reduce -26.4%
LIN Linde PLC 0.05% 911 $400K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.05% 2,574 $387K Add +1.1%
HON Honeywell International Inc. 0.05% 1,801 $385K Reduce -4.0%
TT Trane Technologies PLC 0.05% 1,150 $378K No change
ORCL Oracle Corp. 0.05% 2,663 $376K No change
NRG NRG Energy Inc. 0.04% 4,750 $370K New
VONE Vanguard Russell 1000 0.04% 1,496 $368K Add +1.2%
IWP iShares Russell Mid-Cap Grow 0.04% 3,280 $362K No change
PHYS Sprott Physical Gold Trust 0.04% 19,928 $360K New
MMM 3M Co. 0.04% 3,504 $358K Add +1.1%
TPL Texas Pacific Land Corp. 0.04% 477 $350K No change
FCX Freeport-McMoran Inc. 0.04% 7,168 $348K Add +9.7%
AMGN Amgen Inc. 0.04% 1,108 $346K No change
AU Anglogold Ashanti PLC 0.04% 13,735 $345K Reduce -4.2%
PSA Public Storage 0.04% 1,197 $344K No change
CMCSA Comcast Corp. Class A 0.04% 8,731 $342K Add +86.5%
VLO Valero Energy Corp. 0.04% 2,130 $334K Reduce -11.4%
CHRD Chord Energy Corp. 0.04% 1,950 $327K No change
NVO Novo-Nordisk A/S-Spons ADR 0.04% 2,261 $323K Add +25.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.04% 1,249 $312K Reduce -20.0%
TLT iShares 20+ Year Treasury BD 0.04% 3,328 $305K Reduce -14.8%
SWN Southwestern Energy Co. 0.04% 45,192 $304K No change
TRP TC Energy Corp. 0.04% 7,770 $294K Reduce -11.9%
INTU Intuit Inc. 0.04% 447 $294K No change
ARES Ares Management Corp. Class A 0.04% 2,200 $293K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 2,468 $272K Reduce -6.8%
AVK Advent Convert & Income 0.03% 22,764 $271K Add +3.0%
FBT First Trust Nyse Arca Biotec 0.03% 1,735 $267K Reduce -44.1%
SBR Sabine Royalty Trust 0.03% 4,141 $267K No change
URA Global X Uranium ETF 0.03% 9,044 $262K No change
PGX Invesco Preferred ETF 0.03% 22,494 $260K Add +5.6%
XOP SS SPDR S&P Og Exp & Prod 0.03% 1,780 $259K New
YUM Yum! Brands Inc. 0.03% 1,954 $259K No change
IVV iShares Core S&P 500 ETF 0.03% 452 $247K No change
PFF iShares Preferred & Income S 0.03% 7,505 $237K No change
AMAT Applied Materials Inc. 0.03% 1,001 $236K New
IWF iShares Russell 1000 Growth 0.03% 641 $234K No change
PAAS Pan American Silver Corp. 0.03% 11,630 $231K New
DHR Danaher Corp. 0.03% 924 $231K Add +2.2%
EGP Eastgroup Properties Inc. 0.03% 1,350 $230K No change
EQT Eqt Corp. 0.03% 6,122 $226K No change
NOBL Proshares S&P 500 Dividend A 0.03% 2,349 $226K No change
OXY Occidental Petroleum Corp. 0.03% 3,515 $222K Reduce -41.6%
CEF Sprott Physical Gold and Sil 0.03% 9,900 $218K No change
UNH Unitedhealth Group Inc. 0.03% 424 $216K Reduce -97.4%
HAL Halliburton Co. 0.03% 6,368 $215K Reduce -0.8%
SPH Suburban Propane Partners LP 0.03% 11,263 $214K No change
UAN CVR Partners LP 0.03% 2,805 $212K New
BTG B2GOLD Corp. 0.03% 77,795 $210K Add +96.3%
WFC Wells Fargo & Co. 0.03% 3,533 $210K No change
UNP Union Pacific Corp. 0.03% 924 $209K No change
IR Ingersoll-Rand Inc. 0.03% 2,300 $209K No change
SHW The Sherwin-Williams Co. 0.02% 690 $206K Add +4.5%
AG First Majestic Silver Corp. 0.02% 34,777 $206K Add +83.5%
BANX Arrowmark Financial Corp. 0.02% 10,990 $203K Reduce -2.0%
XEFRX Eaton Vance Sr FLTG Rate TR 0.02% 15,100 $198K Reduce -2.7%
XCHYX Calamos Convert & High Inc. 0.02% 17,500 $195K No change
KGC Kinross Gold Corp. 0.02% 22,577 $188K Add +16.9%
XFAMX First Trust/Abrdn Global Opp 0.02% 27,200 $172K No change
VIXM Proshares Vix Mid-Term Fut 0.02% 11,560 $166K No change
SSRM SSR Mining Inc. 0.02% 35,230 $159K No change
SA Seabridge Gold Inc. 0.02% 10,266 $141K New
XAODX Abrdn Total Dynamic Dividend 0.02% 15,930 $134K No change
NUV Nuveen Municipal Value 0.02% 14,839 $128K No change
EQX Equinox Gold Corp. 0.01% 23,595 $123K New
SAND Sandstorm Gold Ltd. 0.01% 20,556 $112K Add +34.3%
VZLA Vizsla Silver Corp. 0.01% 61,730 $110K New
IHD Voya Emrg MRKT Hi DVD Eqty 0.01% 19,567 $105K Add +4.7%
HL Hecla Mining Co. 0.01% 18,655 $90K New
NCV Virtus Convertible & Income 0.01% 22,986 $75K No change
EXK Endeavour Silver Corp. 0.01% 14,500 $51K New
IAUX I-80 Gold Corp. 0.01% 45,806 $49K Reduce -51.8%
Other holdings (2): bonds, preferreds, convertibles and warrants · $26.1M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 13,078$15.5MAdd +0.6%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 8,787$10.5MAdd +1.2%

Total filed on the 13F, all lines: $852.4M.

Portfolio Sells Q1 2024 → Q2 2024
TFLO iShares Treasury Floating Ra Reduce -14.3% 10.28% −3.84
UNH Unitedhealth Group Inc. Reduce -97.4% 0.03% −1.13
NKE Nike Inc. Class B Sold out 0.00% −0.94
EOG EOG Resources Inc. Reduce -52.8% 0.60% −0.92
KR Kroger Co. Reduce -83.3% 0.12% −0.84
NOG Northern Oil and Gas Inc. Sold out 0.00% −0.80
MSFT Microsoft Corp. Reduce -1.7% 4.32% −0.55
WMB Williams Cos Inc. Reduce -21.8% 1.44% −0.55
MA Mastercard Inc. Class A Reduce -0.5% 1.46% −0.42
LOW Lowe's Cos Inc. Reduce -3.3% 0.89% −0.36
V Visa Inc. Class A Reduce -1.3% 1.30% −0.35
ORLY O'reilly Automotive Inc. Reduce -2.7% 1.13% −0.33
PAGP Plains GP Holdings LP Reduce -0.6% 1.51% −0.22
CI The Cigna Group Reduce -3.0% 0.66% −0.22
BR Broadridge Financial Solutio Sold out 0.00% −0.20
JPST JPMorgan Ultra-Short Income Reduce -6.2% 0.74% −0.19
NOW ServiceNow Inc. Reduce -0.9% 1.10% −0.17
TPYP Managed Portfolio Series Reduce -4.2% 0.86% −0.17
RSP Invesco S&P 500 Equal Weight Reduce -1.5% 0.63% −0.15
MCO Moody's Corp. Reduce -2.1% 1.04% −0.13
ELV Elevance Health Inc. Reduce -1.6% 0.68% −0.10
KMB Kimberly-Clark Corp. Reduce -2.1% 0.72% −0.09
SBUX Starbucks Corp. Sold out 0.00% −0.09
DVY iShares Select Dividend ETF Reduce -6.6% 0.26% −0.07
NS Nustar Energy LP Sold out 0.00% −0.07
UL Unilever PLC Reduce -0.4% 0.84% −0.07
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.06
AJG Arthur J Gallagher & Co. Reduce -0.5% 0.45% −0.06
PEG Public Service Enterprise GP Reduce -3.3% 0.62% −0.06
MDT Medtronic PLC Sold out 0.00% −0.06
PFE Pfizer Inc. Sold out 0.00% −0.06
MTDR Matador Resources Co. Sold out 0.00% −0.06
CVX Chevron Corp. Reduce -5.8% 0.21% −0.05
NVT Nvent Electric PLC Sold out 0.00% −0.05
GSY Invesco Ultra Short Duration Reduce -5.0% 0.21% −0.05
TEX Terex Corp. Sold out 0.00% −0.05
SUM Summit Materials Inc. Class A Sold out 0.00% −0.05
TRMB Trimble Inc. Sold out 0.00% −0.05
GLOB Globant SA Sold out 0.00% −0.04
CB Chubb Ltd. Sold out 0.00% −0.04
AXP American Express Co. Reduce -15.5% 0.10% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -0.1% 0.25% −0.04
FBT First Trust Nyse Arca Biotec Reduce -44.1% 0.03% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.3% 0.26% −0.03
IBM Intl Business Machines Corp. Reduce -1.0% 0.10% −0.03
ABT Abbott Laboratories Reduce -0.1% 0.11% −0.03
DVN Devon Energy Corp. Sold out 0.00% −0.03
OXY Occidental Petroleum Corp. Reduce -41.6% 0.03% −0.03
GNT Gamco Natural Resources Gold Sold out 0.00% −0.03
IWV iShares Russell 3000 ETF Reduce -15.6% 0.08% −0.03

Portfolio Buys Q1 2024 → Q2 2024
TBIL F/M US Treasury 3 Month Bill Add +29545.1% 8.52% +8.48
EDV Vanguard Extended Dur Treas New 3.17% +3.17
SLV iShares Silver Trust Add +2574.1% 0.97% +0.94
NEM Newmont Corp. Add +610.0% 0.76% +0.65
GILD Gilead Sciences Inc. New 0.59% +0.59
EXPE Expedia Group Inc. New 0.52% +0.52
LULU Lululemon Athletica Inc. New 0.45% +0.45
BKNG Booking Holdings Inc. New 0.44% +0.44
MOS The Mosaic Co. New 0.43% +0.43
NVS Novartis AG-Sponsored ADR New 0.33% +0.33
MPLX MPLX LP Add +33.5% 2.07% +0.29
EIX Edison International New 0.28% +0.28
MAS Masco Corp. Add +955.7% 0.32% +0.28
RMD Resmed Inc. New 0.28% +0.28
MRK Merck & Co. Inc. Add +395.4% 0.35% +0.26
MOH Molina Healthcare Inc. New 0.25% +0.25
EMB iShares JP Morgan Usd Emergi Add +40.4% 1.27% +0.19
GDX Vaneck Gold Miners ETF Add +97.1% 0.34% +0.15
GDXJ Vaneck Junior Gold Miners Add +98.3% 0.33% +0.15
AAPL Apple Inc. Add +0.3% 3.03% +0.14
AMLP Alerian MLP ETF Add +399.9% 0.12% +0.10
TSM Taiwan Semiconductor-SP ADR New 0.09% +0.09
GOOGL Alphabet Inc. Class A Add +34.0% 0.26% +0.07
DELL Dell Technologies -C New 0.07% +0.07
DSMC Distillate S/M Cash Flow ETF New 0.06% +0.06
SUN Sunoco LP New 0.06% +0.06
NRG NRG Energy Inc. New 0.04% +0.04
PHYS Sprott Physical Gold Trust New 0.04% +0.04
SILV Silvercrest Metals Inc. Add +117.9% 0.07% +0.04
WPM Wheaton Precious Metals Corp. Add +111.9% 0.06% +0.03
XOP SS SPDR S&P Og Exp & Prod New 0.03% +0.03
COST Costco Wholesale Corp. Add +14.2% 0.28% +0.03
AMAT Applied Materials Inc. New 0.03% +0.03
PAAS Pan American Silver Corp. New 0.03% +0.03
UAN CVR Partners LP New 0.03% +0.03
AVGO Broadcom Inc. Add +5.5% 0.30% +0.02
ADBE Adobe Inc. Add +8.5% 1.46% +0.02
MU Micron Technology Inc. Add +46.9% 0.07% +0.02
GGN Gamco GLBL Gold NTRL Res Inc. Add +41.9% 0.07% +0.02
INDA iShares MSCI India ETF Add +50.0% 0.06% +0.02
SA Seabridge Gold Inc. New 0.02% +0.02
EQX Equinox Gold Corp. New 0.01% +0.01
BAC Bank of America Corp. Add +36.3% 0.08% +0.01
VZLA Vizsla Silver Corp. New 0.01% +0.01
CMCSA Comcast Corp. Class A Add +86.5% 0.04% +0.01
HL Hecla Mining Co. New 0.01% +0.01
BTG B2GOLD Corp. Add +96.3% 0.03% +0.01
AG First Majestic Silver Corp. Add +83.5% 0.02% +0.01
AGI Alamos Gold Inc. Class A Add +16.7% 0.16% +0.01
VTS Vitesse Energy Inc. Add +32.5% 0.07% +0.01

Notes & Other Activity Q1 2024 → Q2 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +0.6% 13,078 $15.5M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +1.2% 8,787 $10.5M

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 261$1.2BVBIL, IAU, EPD, GOOG, AAPL
Q1 2026 241$1.2BVBIL, IAU, EPD, AAPL, GOOG
Q4 2025 247$1.1BVBIL, IAU, EPD, GOOG, MSFT
Q3 2025 219$1.1BVBIL, IAU, MSFT, EPD, GOOG
Q2 2025 206$898.8MTBIL, IAU, EPD, MSFT, AAPL
Q1 2025 203$924.1MTBIL, EDV, IAU, EPD, MSFT
Q4 2024 209$827.5MTBIL, IAU, EPD, MSFT, AAPL
Q3 2024 214$980.3MTFLO, TBIL, EDV, IAU, EPD
Q2 2024 228$826.3MTFLO, TBIL, IAU, EPD, MSFT
Q1 2024 221$702.3MTFLO, EPD, IAU, MSFT, GOOG