Smith Anglin Financial, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 10, 2025), Smith Anglin Financial, LLC reported 213 stock positions worth $944.7 million. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 14.8% of the portfolio, followed by Victoryshares Free Cash Flow (VFLO, 9.3%) and iShares Core Dividend Growth (DGRO, 9.3%). Compared with Q4 2024, it opened 18 new positions, sold out of 19, added to 101 and reduced 81. The biggest buy was Victoryshares Free Cash Flow (VFLO, shares +4182%) and the biggest sale Invesco S&P Midcap Qual ETF (XMHQ, shares −98%).
- Most Recent 13F
- Q2 2025
- Location
- DALLAS, TX
- CIK
- 0001553540
- Portfolio Value
- $944.7M (Q1 2025)
- SEC Filing
- 0001553540-25-000004 ↗ filed Apr 10, 2025
Holdings Value
Holdings 213 stocks · $944.7M
| VUG Vanguard Mrngstar GR ETF-Sui | 14.82% | 377,627 | $140.0M | Add +0.2% |
| VFLO Victoryshares Free Cash Flow | 9.31% | 2,565,838 | $88.0M | Add +4182.0% |
| DGRO iShares Core Dividend Growth | 9.27% | 1,417,070 | $87.5M | Add +0.8% |
| AVUS Avantis U.S. Equity ETF | 8.64% | 883,173 | $81.6M | Add +0.2% |
| EYLD Cambria Emerg Shrhldr Yield | 8.09% | 2,407,985 | $76.5M | Add +14.2% |
| FYLD Cambria Foreign Shareholder | 4.65% | 1,630,101 | $43.9M | Reduce -29.4% |
| TLH iShares 10-20 Year Treasury | 3.35% | 305,103 | $31.7M | Reduce -50.2% |
| WCBR Wisdomtree Cybersecurity FND | 2.93% | 1,020,122 | $27.6M | Add +36.5% |
| AAPL Apple Inc. | 2.56% | 108,875 | $24.2M | Add +1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.27% | 38,373 | $21.5M | Reduce -0.5% |
| IVW iShares S&P 500 Growth ETF | 2.08% | 211,180 | $19.6M | Reduce -13.3% |
| VOO Vanguard S&P 500 ETF | 1.76% | 32,308 | $16.6M | Add +7.8% |
| VIG Vanguard Dividend Apprec ETF | 1.69% | 82,202 | $15.9M | Reduce -14.2% |
| IVV iShares Core S&P 500 ETF | 1.68% | 28,313 | $15.9M | Reduce -2.7% |
| SGOV iShares 0-3 Month Treasury B | 1.57% | 147,014 | $14.8M | Add +23.2% |
| IVE iShares S&P 500 Value ETF | 1.15% | 56,900 | $10.8M | Add +1.1% |
| RSPT Invesco S&P 500 Equal Weight | 0.90% | 248,471 | $8.5M | Add +8.7% |
| AMZN Amazon.com Inc. | 0.90% | 44,443 | $8.5M | Reduce -1.2% |
| NVDA Nvidia Corp. | 0.80% | 69,606 | $7.5M | Add +1.3% |
| MDY State Street SPDR S&P Midcap | 0.77% | 13,633 | $7.3M | Reduce -0.5% |
| MOAT Vaneck Morningstar Wide Moat | 0.77% | 82,461 | $7.3M | Reduce -26.2% |
| SYLD Cambria Shareholder Yield Et | 0.67% | 99,076 | $6.3M | Reduce -90.2% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.58% | 108,470 | $5.5M | Reduce -6.0% |
| MSFT Microsoft Corp. | 0.56% | 14,116 | $5.3M | Add +4.5% |
| XMMO Invesco S&P Midcap Momentum | 0.55% | 45,723 | $5.2M | New |
| LUV Southwest Airlines Co. | 0.51% | 143,157 | $4.8M | Reduce -0.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.48% | 10,826 | $4.5M | Reduce -3.6% |
| SCHG Schwab US Large-Cap Growth | 0.45% | 167,885 | $4.2M | Add +0.8% |
| IJH iShares Core S&P Midcap ETF | 0.44% | 71,290 | $4.2M | Add +2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 7,367 | $3.9M | Add +2.2% |
| META Meta Platforms Inc. Class A | 0.41% | 6,675 | $3.8M | Reduce -0.8% |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 21,166 | $3.7M | Reduce -9.2% |
| SCHD Schwab US DVD Equity ETF | 0.38% | 127,663 | $3.6M | Add +10.2% |
| XOM Exxon Mobil Corp. | 0.35% | 27,869 | $3.3M | Reduce -25.5% |
| GLD SPDR Gold Shares | 0.35% | 11,459 | $3.3M | Add +120.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 6,840 | $3.2M | Reduce -3.0% |
| WMT Walmart Inc. | 0.31% | 33,370 | $2.9M | Add +0.5% |
| ARKK ARK Innovation ETF | 0.27% | 53,839 | $2.6M | Reduce -3.5% |
| IJT iShares S&P Small-Cap 600 GR | 0.27% | 20,280 | $2.5M | Reduce -7.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 9,639 | $2.4M | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 0.25% | 23,952 | $2.4M | Reduce -7.2% |
| SCHX Schwab US Large-Cap ETF | 0.24% | 104,223 | $2.3M | Add +4.9% |
| AOM iShares Core 40/60 Moderate | 0.24% | 52,217 | $2.3M | Add +2.1% |
| EFA iShares MSCI Eafe ETF | 0.23% | 26,587 | $2.2M | No change |
| JHMM John Hancock Multi Fact Mid | 0.23% | 37,872 | $2.2M | Reduce -79.6% |
| SCHV Schwab US Large-Cap Value | 0.23% | 80,044 | $2.1M | Add +4.8% |
| TAFI AB Tax Aware Short Dur Muni filed as AB ACTIVE ETFS INC | 0.22% | 81,378 | $2.0M | Add +0.9% |
| V Visa Inc. Class A | 0.20% | 5,505 | $1.9M | Reduce -1.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.20% | 8,576 | $1.9M | Reduce -2.5% |
| DVY iShares Select Dividend ETF | 0.20% | 14,072 | $1.9M | Add +0.1% |
| ARKW ARK Next Generation Technolo | 0.19% | 18,501 | $1.8M | Reduce -0.8% |
| DAL Delta Air Lines Inc. | 0.18% | 39,404 | $1.7M | Add +5.3% |
| KO The Coca-Cola Co. | 0.18% | 23,850 | $1.7M | Add +0.8% |
| TSLA Tesla Inc. | 0.17% | 6,197 | $1.6M | Reduce -1.4% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.16% | 20,066 | $1.5M | Reduce -4.5% |
| XLG Invesco S&P 500 Top 50 ETF | 0.16% | 33,492 | $1.5M | Reduce -1.2% |
| SCHM Schwab US Mid Cap ETF | 0.15% | 55,731 | $1.5M | Reduce -0.0% |
| TAX Cambria Tax Aware ETF | 0.15% | 61,995 | $1.4M | Add +3.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.15% | 5,682 | $1.4M | Add +0.2% |
| PG The Procter & Gamble Co. | 0.15% | 8,059 | $1.4M | Add +0.7% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.14% | 16,845 | $1.3M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.14% | 1,399 | $1.3M | Add +7.2% |
| IAK iShares U.S. Insurance ETF | 0.14% | 9,545 | $1.3M | Reduce -9.2% |
| ITA iShares U.S. Aerospace & Def | 0.14% | 8,447 | $1.3M | Add +0.1% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.13% | 13,675 | $1.3M | Reduce -98.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.13% | 22,442 | $1.2M | Add +31.6% |
| GFLW VS Free Cash Flow Growth ETF filed as VICTORY PORTFOLIOS II | 0.13% | 55,624 | $1.2M | New |
| GRID First TRST Nasd Class Edg Sgiif | 0.13% | 10,655 | $1.2M | Add +25.6% |
| CVX Chevron Corp. | 0.13% | 7,152 | $1.2M | Add +5.4% |
| TYLD Cambria Tactical Yield ETF | 0.13% | 47,073 | $1.2M | Add +1.3% |
| PEP Pepsico Inc. | 0.12% | 7,731 | $1.2M | Reduce -3.3% |
| GOOGL Alphabet Inc. Class A | 0.12% | 7,464 | $1.2M | Add +11.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.12% | 11,347 | $1.1M | Add +2.6% |
| IJS iShares S&P Small-Cap 600 Va | 0.12% | 11,396 | $1.1M | Reduce -10.6% |
| VEA Vanguard Ftse Developed ETF | 0.12% | 21,669 | $1.1M | Add +27.3% |
| FDN First Trust DJ Internet Ind | 0.11% | 4,560 | $1.0M | Reduce -3.2% |
| JPM JPMorgan Chase & Co. | 0.11% | 4,088 | $1.0M | Add +22.6% |
| JNJ Johnson & Johnson | 0.11% | 6,025 | $999K | Reduce -2.5% |
| USFR Wisdomtree Floating Rate Tre | 0.11% | 19,822 | $998K | New |
| XLV SS Health Care Select Sector | 0.10% | 6,759 | $987K | Add +48.0% |
| JPST JPMorgan Ultra-Short Income | 0.10% | 19,144 | $969K | Add +272.4% |
| FDX FedEx Corp. | 0.10% | 3,912 | $954K | Reduce -11.7% |
| GOOG Alphabet Inc. Class C | 0.10% | 6,081 | $950K | Add +11.1% |
| TXN Texas Instruments Inc. | 0.10% | 5,120 | $920K | Add +0.3% |
| BITB Bitwise Bitcoin ETF | 0.10% | 20,118 | $903K | Reduce -13.0% |
| MCD McDonald's Corp. | 0.09% | 2,861 | $894K | Add +3.9% |
| QTUM Defiance Quantum ETF | 0.09% | 11,923 | $889K | Add +73.0% |
| WING Wingstop Inc. | 0.09% | 3,899 | $880K | Reduce -0.1% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.09% | 7,008 | $839K | Reduce -2.6% |
| PJAN Innovator U.S. Equity Power | 0.09% | 20,116 | $834K | No change |
| HD Home Depot Inc. | 0.09% | 2,234 | $819K | Reduce -6.5% |
| MUB iShares National Muni Bond E | 0.09% | 7,765 | $819K | Reduce -0.8% |
| AVGO Broadcom Inc. | 0.08% | 4,650 | $779K | Add +9.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.08% | 2,184 | $770K | Add +5.7% |
| IBIT iShares Bitcoin Trust ETF | 0.08% | 16,269 | $762K | Add +29.7% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.08% | 2,507 | $723K | Add +42.8% |
| ABBV Abbvie Inc. | 0.08% | 3,432 | $719K | Reduce -13.7% |
| OKE Oneok Inc. | 0.08% | 7,161 | $711K | New |
| SMH Vaneck Semiconductor ETF | 0.07% | 3,351 | $709K | Reduce -5.5% |
| CAT Caterpillar Inc. | 0.07% | 2,106 | $694K | Add +5.1% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 10,000 | $2K | New |
Total filed on the 13F, all lines: $944.7M.
Portfolio Sells Q4 2024 → Q1 2025
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -98.3% | 0.13% | −7.15 |
| SYLD Cambria Shareholder Yield Et | Reduce -90.2% | 0.67% | −5.85 |
| TLH iShares 10-20 Year Treasury | Reduce -50.2% | 3.35% | −2.37 |
| FYLD Cambria Foreign Shareholder | Reduce -29.4% | 4.65% | −0.81 |
| JHMM John Hancock Multi Fact Mid | Reduce -79.6% | 0.23% | −0.81 |
| IVW iShares S&P 500 Growth ETF | Reduce -13.3% | 2.08% | −0.25 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -26.2% | 0.77% | −0.20 |
| SVOL Simplify Volatility Premium | Reduce -60.3% | 0.06% | −0.10 |
| JEPI JPMorgan Equity Premium Inco | Reduce -68.9% | 0.04% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Reduce -14.2% | 1.69% | −0.07 |
| TSLA Tesla Inc. | Reduce -1.4% | 0.17% | −0.07 |
| ENLC Enlink Midstream LLC | Sold out | 0.00% | −0.07 |
| VCIT Vanguard Int-Term Corporate | Reduce -60.5% | 0.04% | −0.05 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -56.0% | 0.04% | −0.04 |
| SPXN Proshares S&P 500 Ex-Financi | Sold out | 0.00% | −0.03 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -1.2% | 0.90% | −0.03 |
| IYF iShares US Financials ETF | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -25.5% | 0.35% | −0.03 |
| ARKK ARK Innovation ETF | Reduce -3.5% | 0.27% | −0.03 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.02 |
| GM General Motors Co. | Sold out | 0.00% | −0.02 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.02 |
| MTBA Simplify MBS ETF | Sold out | 0.00% | −0.02 |
| VCLT Vanguard Long-Term Corp. Bond | Sold out | 0.00% | −0.02 |
| DGRS Wisdomtree U.S. Smallcap Qua | Sold out | 0.00% | −0.02 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.02 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.02 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.02 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.02 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.02 |
| AOA iShares Core 80/20 Aggressiv | Sold out | 0.00% | −0.02 |
| MPT Medical Properties Trust Inc. | Sold out | 0.00% | −0.02 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.02 |
| FDX FedEx Corp. | Reduce -11.7% | 0.10% | −0.02 |
| BITB Bitwise Bitcoin ETF | Reduce -13.0% | 0.10% | −0.01 |
| UAL United Airlines Holdings Inc. | Reduce -5.4% | 0.04% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -33.3% | 0.02% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -10.6% | 0.12% | −0.01 |
| WING Wingstop Inc. | Reduce -0.1% | 0.09% | −0.01 |
| TDOC Teladoc Health Inc. | Sold out | 0.00% | −0.01 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -7.0% | 0.27% | −0.01 |
| XLK SS Technology Select Sector | Reduce -21.1% | 0.04% | −0.01 |
| SO The Southern Co. | Reduce -32.2% | 0.04% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -13.5% | 0.05% | −0.01 |
| LULU Lululemon Athletica Inc. | Reduce -4.3% | 0.03% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -11.4% | 0.06% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -5.5% | 0.07% | −0.01 |
| NKE Nike Inc. Class B | Reduce -3.1% | 0.05% | −0.00 |
| ARKW ARK Next Generation Technolo | Reduce -0.8% | 0.19% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| VFLO Victoryshares Free Cash Flow | Add +4182.0% | 9.31% | +9.12 |
| EYLD Cambria Emerg Shrhldr Yield | Add +14.2% | 8.09% | +1.90 |
| DGRO iShares Core Dividend Growth | Add +0.8% | 9.27% | +1.18 |
| WCBR Wisdomtree Cybersecurity FND | Add +36.5% | 2.93% | +0.94 |
| AVUS Avantis U.S. Equity ETF | Add +0.2% | 8.64% | +0.62 |
| XMMO Invesco S&P Midcap Momentum | New | 0.55% | +0.55 |
| SGOV iShares 0-3 Month Treasury B | Add +23.2% | 1.57% | +0.44 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.2% | 14.82% | +0.31 |
| VOO Vanguard S&P 500 ETF | Add +7.8% | 1.76% | +0.24 |
| GLD SPDR Gold Shares | Add +120.8% | 0.35% | +0.23 |
| IVE iShares S&P 500 Value ETF | Add +1.1% | 1.15% | +0.14 |
| GFLW VS Free Cash Flow Growth ETF | New | 0.13% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.2% | 0.42% | +0.11 |
| USFR Wisdomtree Floating Rate Tre | New | 0.11% | +0.11 |
| RSPT Invesco S&P 500 Equal Weight | Add +8.7% | 0.90% | +0.10 |
| SCHD Schwab US DVD Equity ETF | Add +10.2% | 0.38% | +0.08 |
| JPST JPMorgan Ultra-Short Income | Add +272.4% | 0.10% | +0.08 |
| OKE Oneok Inc. | New | 0.08% | +0.08 |
| IBM Intl Business Machines Corp. | Add +0.8% | 0.25% | +0.06 |
| ACWX iShares MSCI Acwi Ex US ETF | Add +31.6% | 0.13% | +0.05 |
| XLV SS Health Care Select Sector | Add +48.0% | 0.10% | +0.05 |
| NLY Annaly Capital Management Inc. | New | 0.04% | +0.04 |
| AAPL Apple Inc. | Add +1.7% | 2.56% | +0.04 |
| KO The Coca-Cola Co. | Add +0.8% | 0.18% | +0.04 |
| QTUM Defiance Quantum ETF | Add +73.0% | 0.09% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +27.3% | 0.12% | +0.04 |
| SCHV Schwab US Large-Cap Value | Add +4.8% | 0.23% | +0.04 |
| IJH iShares Core S&P Midcap ETF | Add +2.8% | 0.44% | +0.03 |
| CVX Chevron Corp. | Add +5.4% | 0.13% | +0.03 |
| AOM iShares Core 40/60 Moderate | Add +2.1% | 0.24% | +0.03 |
| GRID First TRST Nasd Class Edg Sgiif | Add +25.6% | 0.13% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +22.6% | 0.11% | +0.03 |
| XLC SS Comm Select Sector SPDR | Add +74.6% | 0.06% | +0.03 |
| MSTR Strategy Inc. | Add +42.8% | 0.08% | +0.03 |
| BUCK Simplify Treasury Option Inc. | New | 0.03% | +0.03 |
| PYPL PayPal Holdings Inc. | New | 0.03% | +0.03 |
| NOW ServiceNow Inc. | New | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +0.5% | 0.31% | +0.03 |
| COST Costco Wholesale Corp. | Add +7.2% | 0.14% | +0.03 |
| SCHX Schwab US Large-Cap ETF | Add +4.9% | 0.24% | +0.03 |
| TAFI AB Tax Aware Short Dur Muni | Add +0.9% | 0.22% | +0.03 |
| DVY iShares Select Dividend ETF | Add +0.1% | 0.20% | +0.03 |
| MSFT Microsoft Corp. | Add +4.5% | 0.56% | +0.03 |
| C Citigroup Inc. | New | 0.02% | +0.02 |
| IAU iShares Gold Trust | New | 0.02% | +0.02 |
| RKLB Rocket Lab USA Inc. | Add +132.1% | 0.05% | +0.02 |
| RTX RTX Corp. | New | 0.02% | +0.02 |
| UBER Uber Technologies Inc. | New | 0.02% | +0.02 |
| CI The Cigna Group | New | 0.02% | +0.02 |
| DOW Dow Inc. | New | 0.02% | +0.02 |
Notes & Other Activity Q4 2024 → Q1 2025
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | New | 10,000 | $2K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2025 | 208 | $1.1B | QGRW, VFLO, WTV, DGRO, GFLW |
| Q1 2025 | 213 | $944.7M | VUG, VFLO, DGRO, AVUS, EYLD |
| Q4 2024 | 214 | $1.1B | VUG, DGRO, AVUS, XMHQ, SYLD |
| Q3 2024 | 208 | $1.0B | VUG, DGRO, AVUS, XMHQ, SYLD |
| Q2 2024 | 198 | $989.5M | IVW, IVV, JHMM, SYLD, XMHQ |
| Q1 2024 | 201 | $968.6M | IVW, IVV, JHMM, SYLD, XMHQ |