Sfmg, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Sfmg, LLC reported 312 stock positions worth $1.5 billion. Its top holding was Atmos Energy (ATO) at 13.4% of the portfolio, followed by Pacer Trendpilot US Large Ca (PTLC, 9.0%) and Invesco S&P 500 Quality ETF (SPHQ, 8.7%). Compared with Q4 2025, it opened 23 new positions, sold out of 14, added to 117 and reduced 93. The biggest buy was Invesco S&P 500 Quality ETF (SPHQ, shares +1%) and the biggest sale Pacer US Cash Cows 100 ETF (COWZ, shares −40%).

Most Recent 13F
Q2 2026
Location
PLANO, TX
CIK
0001512026
Portfolio Value
$1.5B (Q1 2026)
SEC Filing
0001512026-26-000003 ↗ filed May 12, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.2B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.3B Q2 2025 Q3 2025: $1.4B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.5B $1.5B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 312 stocks · $1.5B
ATO Atmos Energy Corp. 13.40% 1,058,545 $195.5M Reduce -0.2%
PTLC Pacer Trendpilot US Large Ca 9.02% 2,507,224 $131.5M Add +3.9%
SPHQ Invesco S&P 500 Quality ETF 8.69% 1,686,924 $126.8M Add +1.1%
GSLC Goldman Activebeta US LC ETF 7.31% 852,009 $106.6M Add +2.8%
QUS SS SPDR MSCI U Stratfact ETF 6.37% 541,590 $93.0M Add +2.8%
MOAT Vaneck Morningstar Wide Moat 4.46% 672,286 $65.0M Add +4.9%
AAPL Apple Inc. 4.03% 231,927 $58.9M Add +3.8%
BRK.B Berkshire Hathaway Inc. Class B 3.67% 111,699 $53.5M Reduce -3.1%
COWZ Pacer US Cash Cows 100 ETF 2.43% 566,250 $35.4M Reduce -40.4%
IVV iShares Core S&P 500 ETF 2.35% 52,475 $34.3M Reduce -0.9%
NVDA Nvidia Corp. 2.04% 170,328 $29.7M Add +2.6%
MSFT Microsoft Corp. 1.55% 60,905 $22.5M Reduce -1.0%
AMZN Amazon.com Inc. 1.51% 106,034 $22.1M Add +1.2%
GOOG Alphabet Inc. Class C 1.40% 71,106 $20.4M Reduce -2.6%
AMAT Applied Materials Inc. 1.18% 50,477 $17.3M Reduce -1.3%
SCHQ Schwab Long-Term US Treasury 1.17% 540,812 $17.0M Add +13.3%
JEPI JPMorgan Equity Premium Inco 1.11% 286,475 $16.2M Reduce -3.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.93% 20,798 $13.5M Add +1.1%
WMT Walmart Inc. 0.93% 108,773 $13.5M Reduce -0.8%
RTX RTX Corp. 0.92% 69,847 $13.5M Reduce -1.6%
AMD Advanced Micro Devices 0.68% 48,728 $9.9M Reduce -0.9%
COP Conocophillips 0.61% 67,509 $8.9M Reduce -0.7%
VZ Verizon Communications Inc. 0.58% 167,786 $8.4M Reduce -1.6%
FDIF Fidelity Disruptors ETF 0.52% 232,738 $7.6M Add +5.9%
CSX CSX Corp. 0.50% 179,362 $7.4M Add +0.3%
HON Honeywell International Inc. 0.47% 30,618 $6.9M Add +0.2%
SCHX Schwab US Large-Cap ETF 0.46% 259,562 $6.7M Add +0.5%
GOOGL Alphabet Inc. Class A 0.46% 23,136 $6.7M Add +1.0%
V Visa Inc. Class A 0.45% 21,914 $6.6M Reduce -1.1%
ARCC Ares Capital Corp. 0.43% 352,188 $6.3M Reduce -3.5%
PANW Palo Alto Networks Inc. 0.39% 35,667 $5.7M Add +3.0%
META Meta Platforms Inc. Class A 0.39% 9,978 $5.7M Reduce -2.8%
BXSL Blackstone Secured Lending F 0.38% 232,861 $5.5M Reduce -1.9%
TLT iShares 20+ Year Treasury BD 0.37% 62,754 $5.4M Reduce -17.7%
JPM JPMorgan Chase & Co. 0.37% 18,458 $5.4M Add +14.9%
BLK BlackRock Inc. 0.37% 5,542 $5.3M Reduce -2.1%
SLB SLB Ltd. filed as SLB LIMITED 0.36% 101,103 $5.2M Add +1.3%
AVGO Broadcom Inc. 0.35% 16,603 $5.1M Add +1.3%
CRM Salesforce Inc. 0.35% 27,040 $5.0M Add +2.9%
QQQ Invesco QQQ Trust Series 1 0.33% 8,391 $4.8M Add +0.9%
TMO Thermo Fisher Scientific Inc. 0.33% 9,712 $4.8M Reduce -0.2%
COST Costco Wholesale Corp. 0.31% 4,558 $4.5M Add +33.1%
GLD SPDR Gold Shares 0.30% 10,333 $4.4M Reduce -8.6%
TSLA Tesla Inc. 0.30% 11,928 $4.4M Add +2.0%
MDT Medtronic PLC 0.30% 50,845 $4.4M Reduce -4.2%
NVO Novo-Nordisk A/S-Spons ADR 0.30% 119,774 $4.4M Add +3.2%
QTEC First Trust Nasdq 100 Tech I 0.30% 20,008 $4.3M Reduce -6.0%
VOO Vanguard S&P 500 ETF 0.29% 6,962 $4.2M Add +5.4%
ADBE Adobe Inc. 0.28% 16,928 $4.1M Add +3.4%
IGV iShares Expanded Tech-Softwa 0.28% 50,298 $4.0M Add +2.0%
XOM Exxon Mobil Corp. 0.25% 21,624 $3.7M Reduce -4.5%
FBTC Fidelity Wise Origin Bitcoin 0.23% 56,915 $3.4M Add +14.9%
JNJ Johnson & Johnson 0.23% 13,499 $3.3M Reduce -2.9%
BALT Inn Defined Wealth Shield 0.21% 91,368 $3.1M Reduce -1.6%
MSDL Morgan Stanley Direct Lendin 0.20% 208,725 $2.9M Reduce -12.3%
ZTS Zoetis Inc. 0.20% 24,129 $2.9M Add +5.4%
LLY Eli Lilly & Co. 0.19% 3,075 $2.8M Add +5.1%
CIBR First Trust Nasdaq Cybersecu 0.19% 45,090 $2.8M Add +7.5%
PLTR Palantir Technologies Inc. Class A 0.18% 17,871 $2.6M Add +5.6%
VTI VG Morningstar TS MKT ETF-US 0.18% 8,099 $2.6M Reduce -3.3%
SPTM SS SPDR P S&P 1500 Comp ETF 0.17% 31,434 $2.5M No change
USFR Wisdomtree Floating Rate Tre 0.17% 49,340 $2.5M No change
LULU Lululemon Athletica Inc. 0.17% 16,050 $2.5M Add +4.0%
MCK McKesson Corp. 0.16% 2,625 $2.3M No change
WPC WP Carey Inc. 0.15% 33,078 $2.2M Reduce -10.0%
XLV SS Health Care Select Sector 0.15% 15,326 $2.2M Reduce -0.2%
DIVO Amplify CWP Enhan Divid ETF 0.15% 49,950 $2.2M No change
HLT Hilton Worldwide Holdings Inc. 0.15% 7,269 $2.2M Reduce -12.1%
BRK.A Berkshire Hathaway Inc. Class A 0.15% 3 $2.2M No change
KLAC KLA Corp. 0.15% 1,451 $2.1M No change
NFLX Netflix Inc. 0.14% 21,501 $2.1M Add +6.5%
QQQM Invesco Nasdaq 100 ETF 0.13% 8,151 $1.9M Add +4.0%
PAPR Innovator U.S. Equity Power 0.13% 47,295 $1.9M Reduce -1.3%
GRNT Granite Ridge Resources Inc. 0.13% 310,606 $1.8M No change
IWF iShares Russell 1000 Growth 0.12% 4,272 $1.8M Add +8.4%
PEP Pepsico Inc. 0.12% 11,309 $1.8M Add +39.0%
VRTX Vertex Pharmaceuticals Inc. 0.12% 3,821 $1.7M Reduce -8.2%
CSCO Cisco Systems Inc. 0.12% 21,643 $1.7M Add +2.4%
CVX Chevron Corp. 0.12% 8,109 $1.7M Add +4.5%
DAR Darling Ingredients Inc. 0.11% 27,030 $1.7M Add +61.9%
VTEB Vanguard Tax-Exempt Bond ETF 0.11% 33,282 $1.7M Reduce -14.8%
SMH Vaneck Semiconductor ETF 0.11% 4,255 $1.6M No change
SPYG SS SPDR P S&P 500 Growth ETF 0.11% 16,439 $1.6M No change
STX Seagate Technology Holdings 0.11% 4,097 $1.6M Add +0.3%
HGV Hilton Grand Vacations Inc. 0.11% 41,008 $1.6M No change
SGOV iShares 0-3 Month Treasury B 0.11% 15,374 $1.5M Add +3.4%
RSG Republic Services Inc. 0.10% 6,972 $1.5M No change
ETN Eaton Corp. PLC 0.10% 4,259 $1.5M Add +1.8%
MCD McDonald's Corp. 0.10% 4,854 $1.5M Reduce -0.6%
HD Home Depot Inc. 0.10% 4,370 $1.4M Add +6.8%
J Jacobs Solutions Inc. 0.10% 11,229 $1.4M Add +2.1%
OKE Oneok Inc. 0.09% 15,031 $1.4M Add +5.8%
ABBV Abbvie Inc. 0.09% 6,024 $1.3M Add +3.3%
BX Blackstone Inc. 0.09% 11,324 $1.3M Add +0.0%
CAT Caterpillar Inc. 0.09% 1,829 $1.3M Add +15.8%
SHW The Sherwin-Williams Co. 0.08% 3,845 $1.2M Reduce -0.5%
APO Apollo Global Management Inc. 0.08% 10,998 $1.2M Reduce -1.4%
LOW Lowe's Cos Inc. 0.08% 5,173 $1.2M Reduce -2.2%
DRI Darden Restaurants Inc. 0.08% 6,227 $1.2M Add +0.2%
PG The Procter & Gamble Co. 0.08% 8,386 $1.2M Reduce -1.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.08% 7,582 $1.2M Reduce -0.6%
ITA iShares U.S. Aerospace & Def 0.08% 5,423 $1.2M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 4,866 $1.2M Add +3.9%
MU Micron Technology Inc. 0.08% 3,291 $1.1M Add +5.1%
WMB Williams Cos Inc. 0.08% 15,128 $1.1M Reduce -4.5%
WDC Western Digital Corp. 0.07% 4,039 $1.1M Reduce -6.0%
TXN Texas Instruments Inc. 0.07% 5,560 $1.1M Reduce -5.0%
ITOT iShares Core S&P Total U.S. 0.07% 7,539 $1.1M Add +0.5%
PLBY Playboy Inc. 0.07% 690,000 $1.0M Add +53.3%
CI The Cigna Group 0.07% 3,862 $1.0M Reduce -0.0%
TT Trane Technologies PLC 0.07% 2,410 $1.0M Reduce -0.4%
FTEC Fidelity MSCI Info Tech Indx 0.07% 4,726 $983K Add +50.9%
VIG Vanguard Dividend Apprec ETF 0.07% 4,523 $973K Add +0.7%
ISRG Intuitive Surgical Inc. 0.07% 2,109 $972K Reduce -1.3%
PM Philip Morris International 0.07% 5,791 $957K Add +1.5%
STEL Stellar Bancorp Inc. 0.06% 25,156 $921K Add +0.0%
SSB Southstate Bank Corp. 0.06% 9,895 $916K Add +0.1%
KO The Coca-Cola Co. 0.06% 11,925 $907K Add +9.0%
LNG Cheniere Energy Inc. 0.06% 3,177 $902K Reduce -4.5%
ACWI iShares MSCI Acwi ETF 0.06% 6,362 $880K No change
SPYV SS SPDR P S&P 500 Value ETF 0.06% 15,479 $876K No change
DLR Digital Realty Trust Inc. 0.06% 4,846 $873K Add +0.5%
RSP Invesco S&P 500 Equal Weight 0.06% 4,460 $856K Add +0.4%
KMB Kimberly-Clark Corp. 0.06% 8,787 $848K No change
BA The Boeing Co. 0.06% 4,206 $837K Add +13.3%
IVLU iShares MSCI International V 0.06% 21,083 $837K No change
MS Morgan Stanley 0.06% 4,973 $818K Add +4.8%
DE Deere & Co. 0.06% 1,435 $809K Add +3.7%
MSCI MSCI Inc. 0.06% 1,499 $808K Add +1.8%
LUV Southwest Airlines Co. 0.05% 21,094 $793K Reduce -5.9%
T AT&T Inc. 0.05% 27,268 $790K Add +12.0%
SCHW Schwab (charles) Corp. 0.05% 8,364 $786K Reduce -1.6%
TRGP Targa Resources Corp. 0.05% 3,131 $785K No change
ADI Analog Devices Inc. 0.05% 2,401 $764K Add +0.9%
FNDB Schwab Fndmntl US BRD Mr ETF 0.05% 27,996 $761K No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.05% 575 $759K Add +6.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 1,713 $748K No change
NLR Vaneck Urani & Nuclr ETF-Usd 0.05% 5,598 $746K No change
LMT Lockheed Martin Corp. 0.05% 1,222 $739K Add +0.3%
GE General Electric filed as GE AEROSPACE 0.05% 2,578 $732K Add +6.4%
MA Mastercard Inc. Class A 0.05% 1,452 $725K Reduce -2.0%
HACK Amplify Cybersecurity ETF 0.05% 9,605 $721K Reduce -3.4%
DFUS Dimensional US Eq MKT ETF 0.05% 10,088 $715K Add +0.0%
TSM Taiwan Semiconductor-SP ADR 0.05% 2,116 $715K Reduce -3.9%
PSX Phillips 66 0.05% 3,859 $703K Add +35.0%
MRSH Marsh & McLennan Cos 0.05% 3,963 $687K Reduce -0.5%
GLW Corning Inc. 0.05% 4,927 $670K Reduce -0.3%
NOC Northrop Grumman Corp. 0.05% 979 $668K Add +0.2%
IEI iShares 3-7 Year Treasury Bo 0.05% 5,543 $657K Reduce -7.5%
IAK iShares U.S. Insurance ETF 0.04% 5,108 $655K Reduce -3.8%
ET Energy Transfer LP 0.04% 33,849 $653K Add +5.0%
CMI Cummins Inc. 0.04% 1,208 $650K Reduce -0.9%
SPHD Invesco S&P 500 High Dividen 0.04% 12,872 $639K No change
DELL Dell Technologies -C 0.04% 3,833 $629K Reduce -31.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.04% 6,733 $617K Reduce -25.7%
WELL Welltower Inc. 0.04% 3,110 $615K Reduce -4.4%
ADP Automatic Data Processing 0.04% 3,015 $613K Reduce -1.1%
MLM Martin Marietta Materials 0.04% 1,037 $610K No change
XEL Xcel Energy Inc. 0.04% 7,675 $610K No change
UNH Unitedhealth Group Inc. 0.04% 2,238 $606K Add +5.7%
SO The Southern Co. 0.04% 6,240 $602K No change
IEFA iShares Core MSCI Eafe ETF 0.04% 6,579 $596K Add +1.8%
GEV GE Vernova Inc. 0.04% 682 $595K Reduce -14.6%
PAYX Paychex Inc. 0.04% 6,440 $593K Reduce -7.8%
AMGN Amgen Inc. 0.04% 1,682 $592K No change
IDXX Idexx Laboratories Inc. 0.04% 1,043 $586K Reduce -0.2%
IVW iShares S&P 500 Growth ETF 0.04% 5,111 $578K Add +1.5%
CME Cme Group Inc. 0.04% 1,918 $566K Add +1.3%
USMV iShares MSCI USA Min Vol Fac 0.04% 6,007 $557K Add +1.4%
UNP Union Pacific Corp. 0.04% 2,287 $555K Add +0.3%
IWR iShares Russell Mid-Cap ETF 0.04% 5,707 $555K Add +1.2%
CRWV Coreweave Inc. Class A 0.04% 7,076 $548K Reduce -8.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 11,237 $548K Add +21.2%
SHEL Shell PLC-ADR 0.04% 5,874 $546K Add +74.6%
VGT Vanguard Info Tech ETF 0.04% 782 $546K Add +4.0%
NEE Nextera Energy Inc. 0.04% 5,831 $542K Add +1.8%
JCI Johnson Controls Internation 0.04% 4,124 $540K Reduce -0.8%
SUN Sunoco LP 0.04% 8,300 $539K Add +1.2%
RSPG Invesco S&P 500 Equal Weight 0.04% 4,858 $532K No change
MSI Motorola Solutions Inc. 0.04% 1,217 $528K Reduce -1.8%
SCHE Schwab Emrg Mrkts Eqty ETF 0.04% 15,858 $523K No change
EPD Enterprise Products Partners 0.04% 13,613 $515K Reduce -30.5%
IAUM iShares Gold Trust Micro 0.03% 10,899 $509K Add +11.2%
SHV iShares 0-1 Year Treasury Bo 0.03% 4,536 $501K Reduce -19.1%
GUMI Ultra Short Municipal Income 0.03% 9,792 $494K Reduce -34.2%
IREN Iren Ltd. filed as IREN LIMITED 0.03% 14,350 $492K New
MO Altria Group Inc. 0.03% 7,427 $490K Add +7.8%
ACN Accenture PLC Class A 0.03% 2,436 $483K Reduce -0.4%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.03% 10,454 $483K Add +2.7%
ENB Enbridge Inc. 0.03% 8,646 $468K No change
CFR Cullen/Frost Bankers Inc. 0.03% 3,397 $466K New
PNOV Innovator U.S. Equity Power 0.03% 11,326 $463K No change
UBER Uber Technologies Inc. 0.03% 6,426 $462K Add +24.4%
QUAL iShares MSCI USA Quality Fac 0.03% 2,370 $455K Add +0.1%
MPC Marathon Petroleum Corp. 0.03% 1,836 $448K Reduce -2.2%
SGOL Abrdn Physical Gold Shares 0.03% 10,000 $446K No change
MELI MercadoLibre Inc. 0.03% 256 $443K Reduce -15.2%
PH Parker Hannifin Corp. 0.03% 486 $435K Reduce -11.8%
FIX Comfort Systems USA Inc. 0.03% 314 $433K No change
TPL Texas Pacific Land Corp. 0.03% 909 $431K No change
DKS Dick's Sporting Goods Inc. 0.03% 2,175 $431K No change
CB Chubb Ltd. 0.03% 1,310 $427K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.03% 4,420 $426K Add +7.3%
VIGI Vanguard Int Div App Indx FD 0.03% 4,794 $424K Add +0.1%
STZ Constellation Brands Inc. Class A 0.03% 2,808 $421K Reduce -17.6%
ORCL Oracle Corp. 0.03% 2,845 $419K Reduce -1.5%
CBRE CBRE Group Inc. Class A 0.03% 3,072 $416K No change
HDV iShares Core High Dividend E 0.03% 3,046 $413K Add +0.6%
ORLY O'reilly Automotive Inc. 0.03% 4,419 $408K Add +4.5%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.03% 7,212 $400K Reduce -55.0%
IOO iShares Global 100 ETF 0.03% 3,283 $397K No change
LH Labcorp Holdings Inc. 0.03% 1,481 $395K Reduce -0.9%
HCA HCA Healthcare Inc. 0.03% 828 $392K No change
SCHA Schwab US Small-Cap ETF 0.03% 13,425 $390K Add +0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 1,961 $385K Add +3.2%
ISRA Vaneck Israel ETF 0.03% 6,279 $380K No change
SMMD iShares Russell 2500 ETF 0.03% 4,945 $378K Add +1.7%
VLO Valero Energy Corp. 0.03% 1,524 $377K Reduce -40.5%
AXP American Express Co. 0.03% 1,243 $376K Reduce -5.5%
ABT Abbott Laboratories 0.03% 3,620 $372K Reduce -8.5%
D Dominion Energy Inc. 0.02% 5,853 $362K No change
VGSH Vanguard Short-Term Treasury 0.02% 5,987 $350K No change
IAU iShares Gold Trust 0.02% 3,962 $349K Add +10.5%
APG Api Group Corp. 0.02% 8,585 $348K No change
DHT DHT Holdings Inc. 0.02% 19,015 $347K No change
ITW Illinois Tool Works 0.02% 1,326 $345K No change
PDI PIMCO Dynamic Income Fund 0.02% 20,000 $342K New
EOG EOG Resources Inc. 0.02% 2,337 $338K Add +2.0%
BWXT BWX Technologies Inc. 0.02% 1,652 $338K No change
ED Consolidated Edison Inc. 0.02% 2,947 $334K Add +46.0%
WDEF WT Europe Defensed FD 0.02% 10,779 $334K No change
CTRA Coterra Energy Inc. 0.02% 9,474 $333K No change
GS Goldman Sachs Group Inc. 0.02% 392 $332K Reduce -5.5%
DHR Danaher Corp. 0.02% 1,743 $330K Add +0.2%
PWR Quanta Services Inc. 0.02% 597 $328K Add +16.4%
CRWD CrowdStrike Holdings Inc. Class A 0.02% 822 $321K Reduce -6.2%
WFC Wells Fargo & Co. 0.02% 4,020 $320K Add +3.1%
ORI Old Republic Intl Corp. 0.02% 8,007 $319K Add +2.8%
EWTX Edgewise Therapeutics Inc. 0.02% 10,000 $315K No change
ISTB iShares Core 1-5 Year Usd Bo 0.02% 6,411 $311K Add +12.0%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.02% 1,300 $307K No change
AMLP Alerian MLP ETF 0.02% 5,809 $306K No change
XDSQ Innovator US Eqy Accl-Quart 0.02% 7,706 $305K Reduce -84.0%
IGRO iShares Intl Div Growth ETF 0.02% 3,622 $303K No change
NNDM Nano Dimension Ltd. - ADR 0.02% 176,407 $300K New
PFF iShares Preferred & Income S 0.02% 9,736 $295K Reduce -7.3%
ICE Intercontinental Exchange Inc. 0.02% 1,856 $292K No change
MRK Merck & Co. Inc. 0.02% 2,387 $287K New
TRV The Travelers Cos Inc. 0.02% 981 $286K Add +0.1%
BMY Bristol-Myers Squibb Co. 0.02% 4,624 $280K Add +21.7%
MYI BlackRock Muniyield QLTY III 0.02% 26,645 $280K Add +97.0%
AZN Astrazeneca PLC 0.02% 1,414 $279K Reduce -5.1%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.02% 5,676 $278K No change
MHD BlackRock Muniholdings Fund 0.02% 24,310 $274K Add +101.0%
NDAQ Nasdaq Inc. 0.02% 3,213 $273K Reduce -1.6%
FVR Frontview REIT Inc. 0.02% 17,200 $266K No change
ULTA Ulta Beauty Inc. 0.02% 508 $266K No change
TXRH Texas Roadhouse Inc. 0.02% 1,600 $264K No change
AMTM Amentum Holdings Inc. 0.02% 9,785 $255K Add +0.1%
CAG Conagra Brands Inc. 0.02% 16,198 $255K No change
CRK Comstock Resources Inc. 0.02% 12,030 $254K No change
ACWV iShares MSCI Global Min Vol 0.02% 2,099 $251K No change
O Realty Income Corp. 0.02% 4,066 $249K Add +2.0%
IP International Paper Co. 0.02% 6,966 $249K No change
CLX Clorox Company 0.02% 2,392 $248K Add +0.1%
HLI Houlihan Lokey Inc. 0.02% 1,716 $246K No change
APD Air Products & Chemicals Inc. 0.02% 842 $245K Reduce -2.9%
UAL United Airlines Holdings Inc. 0.02% 2,613 $241K No change
CASY Casey's General Stores Inc. 0.02% 325 $237K New
PAYC Paycom Software Inc. 0.02% 1,912 $232K Reduce -3.6%
SDS Proshares Ultrashort S&P500 0.02% 3,054 $230K New
IYW iShares Ustechnology ETF 0.02% 1,261 $229K Add +0.1%
BLDR Builders Firstsource Inc. 0.02% 2,753 $227K No change
MUSA Murphy USA Inc. 0.02% 451 $223K New
QCOM Qualcomm Inc. 0.01% 1,704 $219K Reduce -0.1%
BE Bloom Energy Corp. Class A 0.01% 1,616 $219K New
GD General Dynamics Corp. 0.01% 630 $216K No change
STLD Steel Dynamics Inc. 0.01% 1,200 $216K No change
BLOK Amplify Blockchain Tech ETF 0.01% 4,328 $216K No change
XLK SS Technology Select Sector 0.01% 1,620 $215K No change
SHOP Shopify Inc. Class A 0.01% 1,806 $214K No change
BOOT Boot Barn Holdings Inc. 0.01% 1,436 $210K No change
PFE Pfizer Inc. 0.01% 7,483 $210K New
GILD Gilead Sciences Inc. 0.01% 1,501 $209K New
JETS US Global Jets ETF 0.01% 8,463 $208K No change
KEYS Keysight Technologies Inc. 0.01% 738 $208K New
TM Toyota Motor Corp. -Spon ADR 0.01% 1,000 $206K Reduce -5.3%
VCIT Vanguard Int-Term Corporate 0.01% 2,480 $205K No change
GWW WW Grainger Inc. 0.01% 188 $205K New
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.01% 1,293 $204K No change
SBR Sabine Royalty Trust 0.01% 2,700 $203K New
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.01% 5,042 $202K New
TRP TC Energy Corp. 0.01% 3,224 $202K New
AWK American Water Works Co. Inc. 0.01% 1,477 $201K New
CHCI Comstock Holding Companies 0.01% 10,000 $189K No change
NOW ServiceNow Inc. 0.01% 1,785 $187K New
KOS Kosmos Energy Ltd. 0.01% 63,480 $176K Reduce -24.0%
IRT Independence Realty Trust Inc. 0.01% 11,126 $166K No change
NAD Nuveen Quality Municipal Inc. 0.01% 13,959 $161K Add +9.8%
SLDB Solid Biosciences Inc. 0.01% 22,153 $160K New
VG Venture Global Inc. Class A 0.01% 10,094 $159K New
NZF Nuveen Municipal Credit Inc. 0.01% 12,680 $154K No change
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.01% 13,049 $147K No change
OWL Blue Owl Capital Inc. 0.01% 15,000 $137K New
MQY BlackRock Muniyield Quality 0.01% 12,159 $134K New
VLY Valley National Bancorp 0.01% 10,156 $125K No change
FTMS FR Short-Term Muni Inc. ETF 0.01% 10,584 $105K No change
ACTU Actuate Therapeutics Inc. 0.01% 33,000 $90K Add +65.0%
NUAI New Era Energy & Digital Inc. 0.01% 22,200 $90K New
SOUN Soundhound AI Inc. Class A 0.00% 10,185 $70K No change
AQST Aquestive Therapeutics Inc. 0.00% 13,766 $57K No change
CRON Cronos Group Inc. 0.00% 17,622 $44K Reduce -1.0%

Options reported separately and not counted above: SPY calls ($9.1M), NVDA puts ($6.6M), AMZN calls ($1.0M), AAPL puts ($533K), PLTR puts ($395K), NVDA calls ($87K), PLTR calls ($59K), AMD puts ($41K), CRM calls ($37K), ORCL calls ($29K), TLT calls ($26K), NOW calls ($21K).

Other holdings (3): bonds, preferreds, convertibles and warrants · $172K (not counted above)
SecurityClassShares / PrincipalValueChange
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 10,129$89KNo change
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal 35,000$61KNo change
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) NOTE 0.375% 6/1 · principal 23,000$23KNo change

Total filed on the 13F, all lines: $1.5B.

Portfolio Sells Q4 2025 → Q1 2026
COWZ Pacer US Cash Cows 100 ETF Reduce -40.4% 2.43% −1.41
MSFT Microsoft Corp. Reduce -1.0% 1.55% −0.45
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.1% 3.67% −0.22
KMI Kinder Morgan Inc. Sold out 0.00% −0.15
GOOG Alphabet Inc. Class C Reduce -2.6% 1.40% −0.14
XDSQ Innovator US Eqy Accl-Quart Reduce -84.0% 0.02% −0.11
IVV iShares Core S&P 500 ETF Reduce -0.9% 2.35% −0.08
TLT iShares 20+ Year Treasury BD Reduce -17.7% 0.37% −0.07
V Visa Inc. Class A Reduce -1.1% 0.45% −0.07
MSDL Morgan Stanley Direct Lendin Reduce -12.3% 0.20% −0.06
META Meta Platforms Inc. Class A Reduce -2.8% 0.39% −0.06
ARCC Ares Capital Corp. Reduce -3.5% 0.43% −0.06
TMO Thermo Fisher Scientific Inc. Reduce -0.2% 0.33% −0.05
BXSL Blackstone Secured Lending F Reduce -1.9% 0.38% −0.04
BLK BlackRock Inc. Reduce -2.1% 0.37% −0.04
MDT Medtronic PLC Reduce -4.2% 0.30% −0.04
XRLV Invesco S&P 500 Ex-Rate Sens Sold out 0.00% −0.04
JEPQ JPM Nasdaq Equity Premium Reduce -55.0% 0.03% −0.04
QTEC First Trust Nasdq 100 Tech I Reduce -6.0% 0.30% −0.03
AMD Advanced Micro Devices Reduce -0.9% 0.68% −0.03
APO Apollo Global Management Inc. Reduce -1.4% 0.08% −0.02
JEPI JPMorgan Equity Premium Inco Reduce -3.2% 1.11% −0.02
SCHD Schwab US DVD Equity ETF Sold out 0.00% −0.02
VTEB Vanguard Tax-Exempt Bond ETF Reduce -14.8% 0.11% −0.02
NET Cloudflare Inc. Class A Sold out 0.00% −0.02
MTDR Matador Resources Co. Sold out 0.00% −0.02
GUMI Ultra Short Municipal Income Reduce -34.2% 0.03% −0.02
CEG Constellation Energy Sold out 0.00% −0.02
BFAM Bright Horizons Family Solut Sold out 0.00% −0.02
ISRG Intuitive Surgical Inc. Reduce -1.3% 0.07% −0.01
ROAD Construction Partners Inc. Class A Sold out 0.00% −0.01
URI United Rentals Inc. Sold out 0.00% −0.01
SLV iShares Silver Trust Sold out 0.00% −0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -25.7% 0.04% −0.01
PAYX Paychex Inc. Reduce -7.8% 0.04% −0.01
ACN Accenture PLC Class A Reduce -0.4% 0.03% −0.01
ADP Automatic Data Processing Reduce -1.1% 0.04% −0.01
MELI MercadoLibre Inc. Reduce -15.2% 0.03% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -3.3% 0.18% −0.01
XMVFX BlackRock Munivest Fund Sold out 0.00% −0.01
VRTX Vertex Pharmaceuticals Inc. Reduce -8.2% 0.12% −0.01
MUE BlackRock Munihold QLT FD II Sold out 0.00% −0.01
XMYDX BlackRock Muniyield Fund Sold out 0.00% −0.01
ORCL Oracle Corp. Reduce -1.5% 0.03% −0.01
HLT Hilton Worldwide Holdings Inc. Reduce -12.1% 0.15% −0.01
ABT Abbott Laboratories Reduce -8.5% 0.03% −0.01
LUV Southwest Airlines Co. Reduce -5.9% 0.05% −0.01
IDXX Idexx Laboratories Inc. Reduce -0.2% 0.04% −0.01
SHV iShares 0-1 Year Treasury Bo Reduce -19.1% 0.03% −0.01
MA Mastercard Inc. Class A Reduce -2.0% 0.05% −0.01

Portfolio Buys Q4 2025 → Q1 2026
SPHQ Invesco S&P 500 Quality ETF Add +1.1% 8.69% +0.29
QUS SS SPDR MSCI U Stratfact ETF Add +2.8% 6.37% +0.21
SCHQ Schwab Long-Term US Treasury Add +13.3% 1.17% +0.15
COST Costco Wholesale Corp. Add +33.1% 0.31% +0.11
SLB SLB Ltd. Add +1.3% 0.36% +0.10
DAR Darling Ingredients Inc. Add +61.9% 0.11% +0.07
HON Honeywell International Inc. Add +0.2% 0.47% +0.07
CSX CSX Corp. Add +0.3% 0.50% +0.07
PEP Pepsico Inc. Add +39.0% 0.12% +0.04
CVX Chevron Corp. Add +4.5% 0.12% +0.04
STX Seagate Technology Holdings Add +0.3% 0.11% +0.03
IREN Iren Ltd. New 0.03% +0.03
CFR Cullen/Frost Bankers Inc. New 0.03% +0.03
CAT Caterpillar Inc. Add +15.8% 0.09% +0.03
JPM JPMorgan Chase & Co. Add +14.9% 0.37% +0.02
PDI PIMCO Dynamic Income Fund New 0.02% +0.02
PSX Phillips 66 Add +35.0% 0.05% +0.02
OKE Oneok Inc. Add +5.8% 0.09% +0.02
SHEL Shell PLC-ADR Add +74.6% 0.04% +0.02
NNDM Nano Dimension Ltd. - ADR New 0.02% +0.02
FTEC Fidelity MSCI Info Tech Indx Add +50.9% 0.07% +0.02
MRK Merck & Co. Inc. New 0.02% +0.02
CASY Casey's General Stores Inc. New 0.02% +0.02
MU Micron Technology Inc. Add +5.1% 0.08% +0.02
PTLC Pacer Trendpilot US Large Ca Add +3.9% 9.02% +0.02
SDS Proshares Ultrashort S&P500 New 0.02% +0.02
MUSA Murphy USA Inc. New 0.02% +0.02
PLBY Playboy Inc. Add +53.3% 0.07% +0.02
BE Bloom Energy Corp. Class A New 0.01% +0.01
ETN Eaton Corp. PLC Add +1.8% 0.10% +0.01
NFLX Netflix Inc. Add +6.5% 0.14% +0.01
PFE Pfizer Inc. New 0.01% +0.01
GILD Gilead Sciences Inc. New 0.01% +0.01
KEYS Keysight Technologies Inc. New 0.01% +0.01
GWW WW Grainger Inc. New 0.01% +0.01
SBR Sabine Royalty Trust New 0.01% +0.01
XSOE Wisdmtree Emerg MKT Ex-St Ow New 0.01% +0.01
AWK American Water Works Co. Inc. New 0.01% +0.01
TRP TC Energy Corp. New 0.01% +0.01
T AT&T Inc. Add +12.0% 0.05% +0.01
ASML ASML Holding NV-NY Reg SHS Add +6.7% 0.05% +0.01
NOW ServiceNow Inc. New 0.01% +0.01
DE Deere & Co. Add +3.7% 0.06% +0.01
LMT Lockheed Martin Corp. Add +0.3% 0.05% +0.01
SLDB Solid Biosciences Inc. New 0.01% +0.01
STEL Stellar Bancorp Inc. Add +0.0% 0.06% +0.01
VG Venture Global Inc. Class A New 0.01% +0.01
KO The Coca-Cola Co. Add +9.0% 0.06% +0.01
DLR Digital Realty Trust Inc. Add +0.5% 0.06% +0.01
OWL Blue Owl Capital Inc. New 0.01% +0.01

Options Activity Q4 2025 → Q1 2026
NVDA Nvidia Corp. put Add +0.5% 37,600 $6.6M
AMZN Amazon.com Inc. call Reduce -54.5% 5,000 $1.0M
AAPL Apple Inc. put New 2,100 $533K
PLTR Palantir Technologies Inc. Class A put New 2,700 $395K
NVDA Nvidia Corp. call New 500 $87K
PLTR Palantir Technologies Inc. Class A call New 400 $59K
AMD Advanced Micro Devices put New 200 $41K
CRM Salesforce Inc. call New 200 $37K
ORCL Oracle Corp. call New 200 $29K
TLT iShares 20+ Year Treasury BD call New 300 $26K
NOW ServiceNow Inc. call New 200 $21K

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 332$1.6BATO, PTLC, SPHQ, GSLC, QUS
Q1 2026 312$1.5BATO, PTLC, SPHQ, GSLC, QUS
Q4 2025 303$1.5BATO, PTLC, SPHQ, GSLC, QUS
Q3 2025 304$1.4BATO, PTLC, SPHQ, GSLC, QUS
Q2 2025 275$1.3BATO, SPHQ, PTLC, GSLC, QUS
Q1 2025 277$1.3BATO, IVV, SPHQ, GSLC, QUS
Q4 2024 266$1.3BATO, IVV, SPHQ, GSLC, QUS
Q3 2024 266$1.2BATO, IVV, SPHQ, GSLC, QUS
Q2 2024 265$1.1BIVV, ATO, SPHQ, GSLC, QUS
Q1 2024 274$1.2BIVV, ATO, SPHQ, GSLC, QUS