Payne Capital Management, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 17, 2026), Payne Capital Management, LLC reported 88 stock positions worth $375.0 million. Its top holding was Schwab Intl Equity ETF (SCHF) at 11.6% of the portfolio, followed by Global X MLP & Energy Infras (MLPX, 8.3%) and Vanguard Ftse Emerging Marke (VWO, 6.8%). Compared with Q1 2026, it opened 18 new positions, sold out of 8, added to 29 and reduced 24. The biggest buy was a new position in Berkshire Hathaway Class A (BRK.A) and the biggest sale Microsoft (MSFT, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001994332
- Portfolio Value
- $375.0M (Q2 2026)
- SEC Filing
- 0001994332-26-000003 ↗ filed Aug 17, 2026
Holdings Value
Holdings 88 stocks · $375.0M
| SCHF Schwab Intl Equity ETF | 11.60% | 1,570,302 | $43.5M | Add +2.1% |
| MLPX Global X MLP & Energy Infras | 8.26% | 420,592 | $31.0M | Add +0.6% |
| VWO Vanguard Ftse Emerging Marke | 6.75% | 424,274 | $25.3M | Add +2.2% |
| VEA Vanguard Ftse Developed ETF | 6.64% | 349,447 | $24.9M | Reduce -0.5% |
| BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS | 5.56% | 934,217 | $20.9M | Add +2.0% |
| SCHG Schwab US Large-Cap Growth | 5.24% | 580,688 | $19.7M | Add +3.3% |
| SCHV Schwab US Large-Cap Value | 5.20% | 560,537 | $19.5M | Add +3.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.62% | 201,200 | $17.3M | Reduce -2.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 4.55% | 46,677 | $17.1M | Add +1.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 4.25% | 52,013 | $15.9M | Add +2.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 4.20% | 72,361 | $15.8M | Reduce -0.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 4.18% | 64,545 | $15.7M | Add +1.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 4.08% | 77,425 | $15.3M | Add +1.6% |
| VNQI Vanguard GLBL Ex-US Real Est | 2.84% | 237,574 | $10.7M | Add +4.5% |
| FREL Fidelity MSCI RL Est Indx | 2.55% | 326,406 | $9.6M | Add +4.5% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 2.09% | 216,012 | $7.8M | Reduce -0.3% |
| VNQ Vanguard Real Estate ETF | 1.19% | 46,244 | $4.5M | Add +0.3% |
| AMLP Alerian MLP ETF | 1.03% | 74,455 | $3.9M | Add +14.8% |
| AAPL Apple Inc. | 1.00% | 13,019 | $3.8M | Reduce -2.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.00% | 5 | $3.7M | New |
| NVDA Nvidia Corp. | 0.97% | 18,260 | $3.7M | Reduce -1.0% |
| DB Deutsche Bank AG-Registered | 0.66% | 73,599 | $2.5M | New |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.62% | 21,219 | $2.3M | Reduce -0.6% |
| REET iShares Global REIT ETF | 0.56% | 75,826 | $2.1M | Reduce -2.7% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.56% | 22,067 | $2.1M | Add +0.1% |
| VSS Vanguard Ftse All Wo X-US SC | 0.54% | 13,202 | $2.0M | Reduce -2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.47% | 2,351 | $1.8M | Reduce -6.0% |
| IFGL iShares International Develo | 0.46% | 77,709 | $1.7M | Add +2.8% |
| MRK Merck & Co. Inc. | 0.44% | 12,775 | $1.6M | Reduce -7.3% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.38% | 12,074 | $1.4M | Reduce -0.5% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.38% | 12,762 | $1.4M | Reduce -1.0% |
| MU Micron Technology Inc. | 0.34% | 1,115 | $1.3M | No change |
| JPM JPMorgan Chase & Co. | 0.29% | 3,320 | $1.1M | Add +20.6% |
| XOM Exxon Mobil Corp. | 0.28% | 7,650 | $1.0M | Reduce -4.5% |
| GLDM SPDR Gold Minishares Trust | 0.26% | 12,500 | $993K | New |
| GOOGL Alphabet Inc. Class A | 0.23% | 2,431 | $869K | Add +15.7% |
| AMZN Amazon.com Inc. | 0.22% | 3,477 | $829K | Reduce -15.0% |
| MS Morgan Stanley | 0.21% | 3,797 | $794K | Add +5.2% |
| AVGO Broadcom Inc. | 0.19% | 1,923 | $726K | Add +28.5% |
| VOO Vanguard S&P 500 ETF | 0.18% | 1,005 | $690K | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.17% | 1,762 | $652K | Add +1.3% |
| MSFT Microsoft Corp. | 0.17% | 1,747 | $652K | Reduce -61.0% |
| VGT Vanguard Info Tech ETF | 0.16% | 5,104 | $610K | No change |
| EDC Dir Da Ms Em Ma Bul 3X ETF-U | 0.16% | 6,730 | $598K | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.16% | 1,058 | $596K | Add +23.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.16% | 1,170 | $585K | Reduce -46.2% |
| PM Philip Morris International | 0.16% | 3,236 | $585K | No change |
| GLW Corning Inc. | 0.15% | 2,137 | $546K | No change |
| MCK McKesson Corp. | 0.14% | 710 | $536K | Add +8.4% |
| XLE SS Energy Select Sector | 0.14% | 10,000 | $531K | New |
| HD Home Depot Inc. | 0.14% | 1,500 | $529K | No change |
| BX Blackstone Inc. | 0.14% | 4,446 | $523K | New |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 639 | $471K | Reduce -70.4% |
| KKR KKR & Co. Inc. | 0.12% | 5,080 | $466K | New |
| SDY SS SPDR S&P Dividend ETF | 0.12% | 3,039 | $462K | Reduce -3.1% |
| NOW ServiceNow Inc. | 0.12% | 4,390 | $436K | No change |
| TSLA Tesla Inc. | 0.11% | 1,001 | $421K | No change |
| BAC Bank of America Corp. | 0.11% | 7,135 | $407K | No change |
| NFLX Netflix Inc. | 0.10% | 5,496 | $392K | Add +101.6% |
| LLY Eli Lilly & Co. | 0.10% | 324 | $389K | Add +0.6% |
| XLK SS Technology Select Sector | 0.10% | 1,991 | $379K | Reduce -6.2% |
| AMD Advanced Micro Devices | 0.10% | 638 | $371K | New |
| INTC Intel Corp. | 0.10% | 2,604 | $364K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 3,712 | $358K | Reduce -6.0% |
| ABBV Abbvie Inc. | 0.09% | 1,372 | $345K | Add +28.7% |
| GOOG Alphabet Inc. Class C | 0.09% | 972 | $343K | No change |
| CSCO Cisco Systems Inc. | 0.09% | 2,850 | $335K | Reduce -21.9% |
| OEF iShares S&P 100 ETF | 0.09% | 900 | $329K | No change |
| DY Dycom Industries Inc. | 0.08% | 622 | $314K | No change |
| SCHC Schwab Intl Small-Cap Equity | 0.08% | 6,468 | $311K | Reduce -8.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,080 | $304K | New |
| CIEN Ciena Corp. | 0.08% | 616 | $302K | No change |
| JNJ Johnson & Johnson | 0.08% | 1,127 | $286K | Add +8.0% |
| CAT Caterpillar Inc. | 0.07% | 261 | $278K | New |
| CVX Chevron Corp. | 0.07% | 1,675 | $278K | New |
| QQEW First TR Nasdaq-100 Sel Eq | 0.07% | 1,700 | $271K | No change |
| IYF iShares US Financials ETF | 0.07% | 2,000 | $255K | No change |
| COST Costco Wholesale Corp. | 0.07% | 266 | $249K | New |
| WTS Watts Water Technologies-A | 0.07% | 626 | $245K | New |
| SSD Simpson Manufacturing Co. Inc. | 0.06% | 1,153 | $241K | New |
| KLAC KLA Corp. | 0.06% | 800 | $241K | New |
| UNP Union Pacific Corp. | 0.06% | 883 | $240K | Reduce -42.2% |
| AB Alliancebernstein Holding LP | 0.06% | 6,503 | $229K | No change |
| ED Consolidated Edison Inc. | 0.06% | 2,066 | $229K | No change |
| GOLF Acushnet Holdings Corp. | 0.06% | 1,856 | $220K | New |
| GLD SPDR Gold Shares | 0.06% | 585 | $215K | No change |
| MO Altria Group Inc. | 0.06% | 2,921 | $210K | New |
| PRI Primerica Inc. | 0.05% | 720 | $205K | New |
Portfolio Sells Q1 2026 → Q2 2026
| MSFT Microsoft Corp. | Reduce -61.0% | 0.17% | −0.33 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -70.4% | 0.13% | −0.25 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.5% | 6.64% | −0.17 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -46.2% | 0.16% | −0.16 |
| XOM Exxon Mobil Corp. | Reduce -4.5% | 0.28% | −0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.8% | 4.20% | −0.13 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.12 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.08 |
| WMT Walmart Inc. | Sold out | 0.00% | −0.08 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -0.3% | 2.09% | −0.07 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.07 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.07 |
| T AT&T Inc. | Sold out | 0.00% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -7.3% | 0.44% | −0.06 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.06 |
| BMY Bristol-Myers Squibb Co. | Sold out | 0.00% | −0.06 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -2.0% | 0.54% | −0.05 |
| UNP Union Pacific Corp. | Reduce -42.2% | 0.06% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -15.0% | 0.22% | −0.04 |
| REET iShares Global REIT ETF | Reduce -2.7% | 0.56% | −0.04 |
| AAPL Apple Inc. | Reduce -2.8% | 1.00% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -6.0% | 0.47% | −0.02 |
| SCHC Schwab Intl Small-Cap Equity | Reduce -8.3% | 0.08% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.1% | 0.12% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -6.0% | 0.10% | −0.01 |
| NVDA Nvidia Corp. | Reduce -1.0% | 0.97% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -21.9% | 0.09% | +0.00 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -0.6% | 0.62% | +0.01 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -1.0% | 0.38% | +0.01 |
| XLK SS Technology Select Sector | Reduce -6.2% | 0.10% | +0.02 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -0.5% | 0.38% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -2.3% | 4.62% | +0.08 |
Portfolio Buys Q1 2026 → Q2 2026
| BRK.A Berkshire Hathaway Inc. Class A | New | 1.00% | +1.00 |
| DB Deutsche Bank AG-Registered | New | 0.66% | +0.66 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +1.1% | 4.55% | +0.33 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +2.3% | 4.25% | +0.28 |
| SCHG Schwab US Large-Cap Growth | Add +3.3% | 5.24% | +0.28 |
| GLDM SPDR Gold Minishares Trust | New | 0.26% | +0.26 |
| SCHV Schwab US Large-Cap Value | Add +3.1% | 5.20% | +0.18 |
| XLE SS Energy Select Sector | New | 0.14% | +0.14 |
| BX Blackstone Inc. | New | 0.14% | +0.14 |
| KKR KKR & Co. Inc. | New | 0.12% | +0.12 |
| AMD Advanced Micro Devices | New | 0.10% | +0.10 |
| INTC Intel Corp. | New | 0.10% | +0.10 |
| IBM Intl Business Machines Corp. | New | 0.08% | +0.08 |
| CAT Caterpillar Inc. | New | 0.07% | +0.07 |
| CVX Chevron Corp. | New | 0.07% | +0.07 |
| COST Costco Wholesale Corp. | New | 0.07% | +0.07 |
| SCHF Schwab Intl Equity ETF | Add +2.1% | 11.60% | +0.07 |
| WTS Watts Water Technologies-A | New | 0.07% | +0.07 |
| KLAC KLA Corp. | New | 0.06% | +0.06 |
| SSD Simpson Manufacturing Co. Inc. | New | 0.06% | +0.06 |
| GOLF Acushnet Holdings Corp. | New | 0.06% | +0.06 |
| MO Altria Group Inc. | New | 0.06% | +0.06 |
| PRI Primerica Inc. | New | 0.05% | +0.05 |
| AVGO Broadcom Inc. | Add +28.5% | 0.19% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +15.7% | 0.23% | +0.05 |
| EDC Dir Da Ms Em Ma Bul 3X ETF-U | Add +0.5% | 0.16% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +20.6% | 0.29% | +0.04 |
| MS Morgan Stanley | Add +5.2% | 0.21% | +0.03 |
| NFLX Netflix Inc. | Add +101.6% | 0.10% | +0.03 |
| ABBV Abbvie Inc. | Add +28.7% | 0.09% | +0.02 |
| LLY Eli Lilly & Co. | Add +0.6% | 0.10% | +0.01 |
| META Meta Platforms Inc. Class A | Add +23.7% | 0.16% | +0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +1.7% | 4.18% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.3% | 0.17% | +0.00 |
| FREL Fidelity MSCI RL Est Indx | Add +4.5% | 2.55% | +0.00 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 0.18% | +0.00 |
| JNJ Johnson & Johnson | Add +8.0% | 0.08% | −0.00 |
| AMLP Alerian MLP ETF | Add +14.8% | 1.03% | −0.00 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +0.1% | 0.56% | −0.01 |
| MCK McKesson Corp. | Add +8.4% | 0.14% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +2.2% | 6.75% | −0.04 |
| IFGL iShares International Develo | Add +2.8% | 0.46% | −0.05 |
| VNQ Vanguard Real Estate ETF | Add +0.3% | 1.19% | −0.05 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +1.6% | 4.08% | −0.17 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +4.5% | 2.84% | −0.22 |
| MLPX Global X MLP & Energy Infras | Add +0.6% | 8.26% | −1.10 |
| BCI Abrdn Bloomberg All Commodit | Add +2.0% | 5.56% | −1.18 |
Options Activity Q1 2026 → Q2 2026
| CVX Chevron Corp. | put | Sold out | 170,130 | $352Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 88 | $375.0M | SCHF, MLPX, VWO, VEA, BCI |
| Q1 2026 | 78 | $330.2M | SCHF, MLPX, VEA, VWO, BCI |
| Q4 2025 | 81 | $316.8M | SCHF, MLPX, VWO, VEA, SCHG |
| Q3 2025 | 77 | $310.5M | SCHF, MLPX, VWO, VEA, SCHG |
| Q2 2025 | 77 | $259.5M | SCHF, MLPX, VWO, VEA, SCHG |
| Q1 2025 | 71 | $234.6M | SCHF, MLPX, VWO, BCI, VEA |
| Q4 2024 | 69 | $231.8M | SCHF, MLPX, SCHG, VWO, VEA |