Spirit of America Management Corp.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 15, 2025), Spirit of America Management Corp. reported 307 stock positions worth $498.5 million. Its top holding was Nvidia (NVDA) at 6.3% of the portfolio, followed by Alphabet Class A (GOOGL, 2.2%) and Williams Cos (WMB, 2.1%). Compared with Q2 2025, it opened 5 new positions, sold out of 11, added to 94 and reduced 66. The biggest buy was Oklo (OKLO, shares +47%) and the biggest sale Oneok (OKE, shares −22%).

Most Recent 13F
Q2 2026
Location
SYOSSET, NY
CIK
0001041283
Portfolio Value
$498.5M (Q3 2025)
SEC Filing
0001104659-25-099734 ↗ filed Oct 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $496.3M Q1 2024 Q2 2024: $492.9M Q2 2024 Q3 2024: $501.6M Q3 2024 Q4 2024: $493.7M Q4 2024 Q1 2025: $493.8M Q1 2025 Q2 2025: $479.5M Q2 2025 Q3 2025: $498.5M $498.5M Q3 2025 Q4 2025: $471.5M Q4 2025 Q1 2026: $506.6M Q1 2026 Q2 2026: $530.5M Q2 2026

Holdings 307 stocks · $498.5M
NVDA Nvidia Corp. 6.33% 169,220 $31.6M Reduce -4.7%
GOOGL Alphabet Inc. Class A 2.17% 44,400 $10.8M No change
WMB Williams Cos Inc. 2.08% 163,532 $10.4M Reduce -10.8%
MSFT Microsoft Corp. 2.01% 19,299 $10.0M No change
AAPL Apple Inc. 1.83% 35,882 $9.1M Reduce -8.0%
ORCL Oracle Corp. 1.66% 29,375 $8.3M Add +3.3%
VLO Valero Energy Corp. 1.62% 47,534 $8.1M Reduce -13.3%
MPC Marathon Petroleum Corp. 1.62% 41,775 $8.1M Reduce -8.6%
LNG Cheniere Energy Inc. 1.59% 33,750 $7.9M Reduce -9.4%
ENB Enbridge Inc. 1.55% 153,127 $7.7M Reduce -7.3%
KMI Kinder Morgan Inc. 1.51% 265,244 $7.5M Reduce -6.5%
PSX Phillips 66 1.46% 53,486 $7.3M Reduce -9.6%
AMZN Amazon.com Inc. 1.43% 32,500 $7.1M Add +4.0%
WELL Welltower Inc. 1.42% 39,825 $7.1M Add +1.8%
JPM JPMorgan Chase & Co. 1.39% 21,992 $6.9M Add +0.5%
TRGP Targa Resources Corp. 1.39% 41,233 $6.9M Reduce -17.2%
CVX Chevron Corp. 1.35% 43,338 $6.7M Reduce -10.4%
ET Energy Transfer LP 1.34% 390,200 $6.7M Reduce -9.2%
COST Costco Wholesale Corp. 1.25% 6,756 $6.3M No change
CEG Constellation Energy 1.24% 18,850 $6.2M Add +34.2%
VST Vistra Corp. 1.21% 30,850 $6.0M Add +25.9%
XOM Exxon Mobil Corp. 1.19% 52,547 $5.9M Reduce -14.6%
EPD Enterprise Products Partners 1.12% 178,136 $5.6M Reduce -3.3%
MPLX MPLX LP 1.09% 108,397 $5.4M Reduce -3.1%
CAT Caterpillar Inc. 1.06% 11,090 $5.3M No change
EQIX Equinix Inc. 1.02% 6,510 $5.1M Reduce -15.6%
WES Western Midstream Partners L 1.00% 127,150 $5.0M Reduce -3.8%
OKE Oneok Inc. 0.96% 65,872 $4.8M Reduce -21.9%
HESM Hess Midstream LP Class A 0.96% 137,837 $4.8M Reduce -2.1%
ABBV Abbvie Inc. 0.95% 20,550 $4.8M Reduce -3.5%
DLR Digital Realty Trust Inc. 0.93% 26,681 $4.6M Reduce -9.3%
OKLO Oklo Inc. 0.91% 40,850 $4.6M Add +46.9%
NEE Nextera Energy Inc. 0.87% 57,225 $4.3M Add +6.8%
TLN Talen Energy Corp. 0.86% 10,100 $4.3M Add +54.2%
PAA Plains All Amer Pipeline LP 0.86% 250,300 $4.3M Reduce -7.1%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.80% 38,950 $4.0M Reduce -9.9%
COP Conocophillips 0.73% 38,604 $3.7M Reduce -20.3%
MCK McKesson Corp. 0.72% 4,670 $3.6M Reduce -1.1%
SPG Simon Property Group Inc. 0.68% 17,950 $3.4M Add +2.0%
AVB Avalonbay Communities Inc. 0.67% 17,290 $3.3M No change
WMT Walmart Inc. 0.67% 32,252 $3.3M Reduce -27.4%
PLD Prologis Inc. 0.66% 28,901 $3.3M Reduce -4.9%
TRP TC Energy Corp. 0.66% 60,078 $3.3M Reduce -1.6%
BKR Baker Hughes Co. 0.63% 64,500 $3.1M Reduce -4.8%
ETR Entergy Corp. 0.58% 30,800 $2.9M Add +21.0%
GEV GE Vernova Inc. 0.57% 4,650 $2.9M Add +190.6%
PPL PPL Corp. 0.56% 74,700 $2.8M Add +12.0%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.55% 84,370 $2.8M Reduce -1.2%
BX Blackstone Inc. 0.55% 16,000 $2.7M Add +1.3%
ESS Essex Property Trust Inc. 0.52% 9,736 $2.6M Add +1.0%
DE Deere & Co. 0.52% 5,660 $2.6M No change
V Visa Inc. Class A 0.52% 7,550 $2.6M No change
LLY Eli Lilly & Co. 0.52% 3,365 $2.6M Reduce -2.9%
AMAT Applied Materials Inc. 0.51% 12,520 $2.6M No change
EOG EOG Resources Inc. 0.50% 22,200 $2.5M Reduce -18.1%
HD Home Depot Inc. 0.50% 6,138 $2.5M No change
DUK Duke Energy Corp. 0.49% 19,700 $2.4M Add +15.5%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.47% 36,515 $2.4M No change
PSA Public Storage 0.46% 7,925 $2.3M No change
BP BP PLC-Spons ADR 0.46% 66,361 $2.3M Reduce -10.8%
NFLX Netflix Inc. 0.45% 1,880 $2.3M Add +17.5%
GS Goldman Sachs Group Inc. 0.43% 2,715 $2.2M No change
CRWD CrowdStrike Holdings Inc. Class A 0.43% 4,375 $2.1M Add +15.9%
C Citigroup Inc. 0.42% 20,750 $2.1M Add +2.0%
TPL Texas Pacific Land Corp. 0.42% 2,255 $2.1M Reduce -8.2%
BRK.B Berkshire Hathaway Inc. Class B 0.42% 4,120 $2.1M No change
WEC WEC Energy Group Inc. 0.41% 18,000 $2.1M Add +1.7%
FANG Diamondback Energy Inc. 0.41% 14,300 $2.0M Reduce -27.8%
VRT Vertiv Holdings Co. Class A 0.39% 12,850 $1.9M Add +9.8%
DTE DTE Energy Company 0.38% 13,450 $1.9M Add +14.5%
TSLA Tesla Inc. 0.38% 4,275 $1.9M Add +11.8%
HON Honeywell International Inc. 0.37% 8,850 $1.9M No change
O Realty Income Corp. 0.37% 30,633 $1.9M Add +1.7%
AEP American Electric Power 0.37% 16,300 $1.8M Add +10.9%
UDR Udr Inc. 0.37% 48,850 $1.8M No change
OHI Omega Healthcare Investors 0.36% 42,000 $1.8M Add +6.3%
TRNO Terreno Realty Corp. 0.36% 31,225 $1.8M Reduce -23.8%
TXN Texas Instruments Inc. 0.34% 9,175 $1.7M No change
AXP American Express Co. 0.33% 5,000 $1.7M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.33% 14,500 $1.7M No change
XEL Xcel Energy Inc. 0.33% 20,150 $1.6M Add +19.2%
AVGO Broadcom Inc. 0.32% 4,800 $1.6M Add +29.7%
CMG Chipotle Mexican Grill Inc. 0.32% 40,200 $1.6M Reduce -8.0%
SRE Sempra 0.32% 17,500 $1.6M Add +2.0%
WDAY Workday Inc. Class A 0.31% 6,480 $1.6M No change
META Meta Platforms Inc. Class A 0.31% 2,080 $1.5M Add +26.1%
CMI Cummins Inc. 0.30% 3,550 $1.5M No change
VZ Verizon Communications Inc. 0.30% 34,040 $1.5M No change
EXR Extra Space Storage Inc. 0.30% 10,580 $1.5M Reduce -11.7%
DINO HF Sinclair Corp. 0.29% 27,676 $1.4M Reduce -5.1%
AEE Ameren Corporation 0.29% 13,750 $1.4M Add +26.1%
CMS CMS Energy Corp. 0.29% 19,550 $1.4M Add +19.6%
CTRA Coterra Energy Inc. 0.29% 60,500 $1.4M Reduce -28.0%
ES Eversource Energy 0.29% 20,050 $1.4M Add +5.0%
FE Firstenergy Corp. 0.29% 31,100 $1.4M Add +11.3%
AMD Advanced Micro Devices 0.28% 8,700 $1.4M Add +15.2%
NI Nisource Inc. 0.28% 32,500 $1.4M Add +13.6%
MA Mastercard Inc. Class A 0.28% 2,450 $1.4M No change
OXY Occidental Petroleum Corp. 0.28% 29,100 $1.4M Reduce -19.4%
STAG Stag Industrial Inc. 0.28% 38,950 $1.4M Reduce -7.2%
PEG Public Service Enterprise GP 0.28% 16,450 $1.4M Add +16.3%
DVN Devon Energy Corp. 0.27% 38,450 $1.3M Reduce -9.4%
GLPI Gaming and Leisure Propertie 0.27% 28,885 $1.3M No change
VTR Ventas Inc. 0.27% 18,950 $1.3M Add +18.8%
WTRG Essential Utilities Inc. 0.26% 32,600 $1.3M Add +15.0%
CSX CSX Corp. 0.26% 36,600 $1.3M No change
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.26% 10,000 $1.3M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.26% 24,850 $1.3M No change
D Dominion Energy Inc. 0.25% 20,600 $1.3M No change
EQT Eqt Corp. 0.25% 23,000 $1.3M Reduce -8.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.25% 36,400 $1.3M Reduce -25.6%
PBF PBF Energy Inc. Class A 0.24% 40,250 $1.2M Reduce -25.1%
AMH American Homes 4 Rent- A 0.24% 36,300 $1.2M No change
WCN Waste Connections Inc. 0.24% 6,775 $1.2M Reduce -39.9%
ITT Itt Inc. 0.24% 6,650 $1.2M Reduce -9.5%
CSCO Cisco Systems Inc. 0.24% 17,150 $1.2M Add +2.4%
PAGP Plains GP Holdings LP 0.23% 64,000 $1.2M No change
EXC Exelon Corp. 0.23% 25,600 $1.2M Add +26.7%
PANW Palo Alto Networks Inc. 0.23% 5,650 $1.2M Add +10.8%
BRX Brixmor Property Group Inc. 0.23% 41,475 $1.1M No change
PLTR Palantir Technologies Inc. Class A 0.22% 6,100 $1.1M Add +74.3%
VNOM Viper Energy Inc. Class A 0.22% 28,100 $1.1M New
CPT Camden Property Trust 0.21% 10,000 $1.1M No change
ELS Equity Lifestyle Properties 0.21% 17,550 $1.1M No change
BSM Black Stone Minerals LP 0.21% 80,999 $1.1M Reduce -43.4%
EVRG Evergy Inc. 0.21% 13,800 $1.0M Add +29.6%
NOW ServiceNow Inc. 0.21% 1,130 $1.0M No change
AM Antero Midstream Corp. 0.20% 52,500 $1.0M No change
MAA Mid-America Apartment Comm 0.20% 7,222 $1.0M Reduce -11.1%
FRT Federal Realty Invs Trust 0.20% 9,700 $983K No change
REG Regency Centers Corp. 0.20% 13,400 $977K No change
EXE Expand Energy Corp. 0.19% 9,050 $961K No change
ATO Atmos Energy Corp. 0.19% 5,600 $956K Add +2.8%
PG The Procter & Gamble Co. 0.19% 6,015 $924K No change
ACN Accenture PLC Class A 0.18% 3,725 $919K No change
JCI Johnson Controls Internation 0.18% 8,253 $907K No change
NRG NRG Energy Inc. 0.18% 5,550 $899K Add +52.0%
CNP Centerpoint Energy Inc. 0.17% 21,750 $844K Add +27.9%
GOOG Alphabet Inc. Class C 0.17% 3,450 $840K Add +13.1%
HAL Halliburton Co. 0.17% 34,000 $836K Reduce -17.1%
MO Altria Group Inc. 0.17% 12,650 $836K No change
MRK Merck & Co. Inc. 0.17% 9,950 $835K Reduce -24.9%
SO The Southern Co. 0.16% 8,600 $815K Add +28.4%
LOW Lowe's Cos Inc. 0.16% 3,200 $804K No change
IDA Idacorp Inc. 0.16% 6,000 $793K Add +17.6%
MCD McDonald's Corp. 0.16% 2,580 $784K No change
WMFFX Amer FND Wash Mut Inv-F2 filed as AMERICAN FUNDS WASHINGTON MUTUAL F2 0.16% 11,616 $780K Add +0.8%
PM Philip Morris International 0.16% 4,800 $779K No change
AMBFX American Balanced Fund-F2 0.16% 19,988 $776K Add +0.9%
VIG Vanguard Dividend Apprec ETF 0.15% 3,495 $758K Add +1.0%
NNN NNN REIT Inc. 0.15% 17,750 $756K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 2,668 $753K No change
CUBE Cubesmart 0.15% 18,450 $750K Reduce -5.1%
EIX Edison International 0.15% 13,458 $744K No change
POR Portland General Electric Co. 0.15% 16,900 $744K Add +15.4%
DGX Quest Diagnostics Inc. 0.15% 3,800 $724K No change
GEN Gen Digital Inc. 0.14% 24,700 $701K No change
APGYX AB Large Cap Growth-Adv 0.14% 5,527 $684K Add +0.5%
HST Host Hotels & Resorts Inc. 0.14% 39,900 $679K No change
MDT Medtronic PLC 0.14% 7,069 $673K No change
LIN Linde PLC 0.13% 1,400 $665K Add +7.7%
GLW Corning Inc. 0.13% 8,000 $656K No change
SUN Sunoco LP 0.13% 13,000 $650K Reduce -3.7%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.13% 7,200 $646K No change
FTI Technipfmc PLC 0.13% 16,000 $631K No change
QCOM Qualcomm Inc. 0.13% 3,750 $624K No change
WPC WP Carey Inc. 0.12% 9,200 $622K No change
WM Waste Management Inc. 0.12% 2,750 $607K Add +44.7%
KR Kroger Co. 0.12% 9,000 $607K No change
IEF iShares 7-10 Year Treasury B 0.12% 6,280 $606K Add +1.7%
CWEN Clearway Energy Inc. Class C 0.12% 20,800 $588K Add +36.0%
ADC Agree Realty Corp. 0.12% 8,100 $575K No change
ZS Zscaler Inc. 0.11% 1,900 $569K No change
KKR KKR & Co. Inc. 0.11% 4,350 $565K Add +4.8%
ODIYX Invesco Discovery-Y 0.11% 4,190 $563K Reduce -0.3%
KIM Kimco Realty Corp. 0.11% 25,569 $559K No change
CPK Chesapeake Utilities Corp. 0.11% 4,000 $539K Add +5.3%
DBRG Digitalbridge Group Inc. 0.11% 46,000 $538K No change
IJH iShares Core S&P Midcap ETF 0.11% 8,151 $534K Add +0.3%
TMO Thermo Fisher Scientific Inc. 0.11% 1,090 $529K No change
MAS Masco Corp. 0.11% 7,500 $528K Reduce -11.8%
AR Antero Resources Corp. 0.10% 15,500 $520K No change
BXP BXP Inc. 0.10% 6,915 $514K No change
NWE Northwestern Energy Group Inc. 0.10% 8,700 $510K Add +21.7%
NWN Northwest Natural Holding Co. 0.10% 11,300 $508K Add +52.7%
KO The Coca-Cola Co. 0.10% 7,600 $504K No change
LMT Lockheed Martin Corp. 0.10% 1,000 $499K No change
IWL iShares Russell Top 200 ETF 0.10% 2,982 $497K Add +1.7%
CTVA Corteva Inc. 0.10% 7,233 $489K No change
PAYX Paychex Inc. 0.10% 3,850 $488K No change
MS Morgan Stanley 0.10% 3,000 $477K No change
CNX CNX Resources Corp. 0.09% 14,500 $466K No change
NJR New Jersey Resources Corp. 0.09% 9,500 $457K Add +46.1%
AES AES Corp. 0.09% 34,500 $454K No change
AMT American Tower Corp. 0.09% 2,320 $446K Add +6.9%
LNT Alliant Energy Corp. 0.09% 6,600 $445K Add +5.6%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.09% 4,907 $432K Add +1.8%
REXR Rexford Industrial Realty Inc. 0.09% 10,500 $432K No change
KNTK Kinetik Holdings Inc. 0.09% 10,000 $427K No change
FDX FedEx Corp. 0.09% 1,800 $424K No change
SOBO South Bow Corp. 0.08% 14,765 $418K No change
ABT Abbott Laboratories 0.08% 3,100 $415K No change
MCHP Microchip Technology Inc. 0.08% 6,450 $414K No change
SKT Tanger Inc. 0.08% 12,000 $406K No change
MTDR Matador Resources Co. 0.08% 9,000 $404K No change
RSG Republic Services Inc. 0.08% 1,750 $402K Add +75.0%
TLVIX Thrivent Large Cap Value-S 0.08% 12,100 $399K Add +2.2%
UNH Unitedhealth Group Inc. 0.08% 1,150 $397K Reduce -25.8%
DOC Healthpeak Properties Inc. 0.08% 20,217 $387K Add +11.0%
OVV Ovintiv Inc. 0.08% 9,500 $384K No change
CME Cme Group Inc. 0.08% 1,404 $379K No change
CG The Carlyle Group Inc. 0.08% 6,050 $379K No change
VOO Vanguard S&P 500 ETF 0.08% 617 $379K Reduce -1.1%
CRWV Coreweave Inc. Class A 0.07% 2,700 $369K New
NFG National Fuel Gas Co. 0.07% 3,950 $365K Add +29.5%
CCI Crown Castle Inc. 0.07% 3,690 $356K No change
RTX RTX Corp. 0.07% 2,100 $351K No change
HUM Humana Inc. 0.07% 1,350 $351K No change
ISTB iShares Core 1-5 Year Usd Bo 0.07% 7,202 $351K Add +2.8%
CDP Copt Defense Properties 0.07% 12,000 $349K No change
BUBIX Baird Ultra Short Bond-Inst 0.07% 33,619 $341K Add +3.9%
UGI Ugi Corp. 0.07% 10,000 $333K No change
PNW Pinnacle West Capital 0.07% 3,700 $332K Add +131.3%
ARE Alexandria Real Estate Equit 0.07% 3,950 $329K Reduce -9.2%
TXNM TXNM Energy Inc. 0.06% 5,600 $317K No change
AWK American Water Works Co. Inc. 0.06% 2,250 $313K No change
PEP Pepsico Inc. 0.06% 2,200 $309K No change
CTSH Cognizant Tech Solutions-A 0.06% 4,600 $309K No change
NTAP Netapp Inc. 0.06% 2,600 $308K No change
CWT California Water Service Grp 0.06% 6,500 $298K Add +62.5%
TSM Taiwan Semiconductor-SP ADR 0.06% 1,050 $293K Add +75.0%
GRMN Garmin Ltd. 0.06% 1,150 $283K No change
SWX Southwest Gas Holdings Inc. 0.05% 3,450 $270K No change
T AT&T Inc. 0.05% 9,500 $268K No change
RRC Range Resources Corp. 0.05% 7,000 $263K Reduce -46.1%
IGEB iShares Investment Grade SYS 0.05% 5,579 $257K Add +0.2%
BXMT Blackstone Mortgage Tru Class A 0.05% 13,765 $253K No change
BLV Vanguard Long-Term Bond ETF 0.05% 3,545 $251K Add +0.5%
HASI Ha Sustainable Infrastructur 0.05% 7,717 $237K No change
SBUX Starbucks Corp. 0.05% 2,750 $233K Add +57.1%
DELL Dell Technologies -C 0.05% 1,624 $230K No change
ADBE Adobe Inc. 0.05% 650 $229K Reduce -38.1%
ALARX Alger Capital Appr Inst-I 0.05% 3,846 $226K Reduce -1.9%
UPS United Parcel Service Class B 0.04% 2,550 $213K No change
BEPC Brookfield Renewable Corp. 0.04% 5,900 $203K No change
BMY Bristol-Myers Squibb Co. 0.04% 4,500 $203K No change
MTUM iShares MSCI USA Momentum Fa 0.04% 786 $201K Add +0.8%
QQQ Invesco QQQ Trust Series 1 0.04% 332 $200K Add +0.3%
MFEIX MFS Growth Fund-I 0.04% 871 $195K Add +4.6%
EQPGX Fidelity Adv Eqty GRW-I 0.04% 7,336 $195K Add +2.0%
FTC First Trust Large Cap Growth 0.04% 1,217 $195K Add +0.8%
INVH Invitation Homes Inc. 0.04% 6,500 $191K Add +8.3%
CUZ Cousins Properties Inc. 0.04% 6,500 $188K No change
FNCL Fidelity MSCI Financial Indx 0.04% 2,458 $186K Add +1.0%
COIN Coinbase Global Inc. Class A 0.04% 550 $186K Add +22.2%
TKO Tko Group Holdings Inc. 0.04% 900 $182K No change
KRC Kilroy Realty Corp. 0.04% 4,265 $180K No change
NEM Newmont Corp. 0.04% 2,100 $177K New
UBER Uber Technologies Inc. 0.04% 1,800 $176K Add +20.0%
VHT Vanguard Health Care ETF 0.04% 659 $176K Add +6.0%
CTRE Caretrust REIT Inc. 0.03% 5,000 $173K No change
DHI D.R. Horton Inc. 0.03% 1,000 $169K No change
WFC Wells Fargo & Co. 0.03% 2,000 $168K No change
SU Suncor Energy Inc. 0.03% 4,000 $167K No change
TOL Toll Brothers Inc. 0.03% 1,175 $162K No change
SMR Nuscale Power Corp. 0.03% 4,500 $162K New
CQP Cheniere Energy Partners LP 0.03% 2,993 $161K No change
PR Permian Resources Corp. Class A 0.03% 12,000 $154K No change
SPH Suburban Propane Partners LP 0.03% 8,000 $149K No change
HR Healthcare Realty Trust Inc. 0.03% 8,000 $144K No change
WY Weyerhaeuser Co. 0.03% 5,800 $144K No change
MUR Murphy Oil Corp. 0.03% 5,000 $142K No change
FCX Freeport-McMoran Inc. 0.03% 3,500 $137K New
ARM Arm Holdings PLC-ADR 0.03% 950 $134K Add +375.0%
CNQ Canadian Natural Resources 0.03% 4,000 $128K No change
USAC USA Compression Partners LP 0.03% 5,284 $127K No change
FCPT Four Corners Property Trust 0.02% 5,000 $122K No change
DD Dupont DE Nemours Inc. 0.02% 1,500 $117K Reduce -76.9%
LEN Lennar Corp. Class A 0.02% 925 $117K No change
NKE Nike Inc. Class B 0.02% 1,500 $105K No change
PK Park Hotels & Resorts Inc. 0.02% 9,250 $102K No change
AVAV Aerovironment Inc. 0.02% 300 $94K No change
DKL Delek Logistics Partners LP 0.02% 2,000 $91K No change
STWD Starwood Property Trust Inc. 0.02% 4,500 $87K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.02% 830 $87K Reduce -0.1%
TRBCX T Rowe PR Blue Chip Grow-Inv filed as ROWE T PRICE BLUE CHIP GROWTH COM 0.02% 395 $86K Add +0.3%
GSFTX Columbia Dividend Income-I 0.02% 2,235 $82K Add +1.8%
SHO Sunstone Hotel Investors Inc. 0.02% 8,700 $82K Reduce -36.5%
LINE Lineage Inc. 0.02% 2,100 $81K No change
TGT Target Corp. 0.01% 830 $74K Reduce -91.6%
HIW Highwoods Properties Inc. 0.01% 2,000 $64K No change
TTE Totalenergies SE -Spon ADR 0.01% 1,000 $60K No change
NLOP Net Lease Office Property 0.01% 1,872 $56K No change
OLP One Liberty Properties Inc. 0.01% 2,500 $55K No change
NUE Nucor Corp. 0.01% 400 $54K No change
PSTL Postal Realty Trust Inc. Class A 0.01% 3,000 $47K No change
AHR American Healthcare REIT Inc. 0.01% 1,000 $42K No change
VRTX Vertex Pharmaceuticals Inc. 0.01% 100 $39K No change
CHRD Chord Energy Corp. 0.01% 350 $35K No change
PLYM Plymouth Industrial REIT Inc. 0.01% 1,500 $33K No change
INN Summit Hotel Properties Inc. 0.01% 6,000 $33K No change
GTY Getty Realty Corp. 0.01% 1,000 $27K No change
LXP LXP Industrial Trust 0.00% 2,700 $24K No change
MRP Millrose Properties 0.00% 462 $16K No change
HPQ HP Inc. 0.00% 500 $14K No change
ESRT Empire State Realty Trust-A 0.00% 1,000 $8K No change
SPSM SS SPDR P S&P 600 Small Cap 0.00% 4 $197 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $51K (not counted above)
SecurityClassShares / PrincipalValueChange
PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) 6.3 CUM PFD SR F 2,500$51KNo change

Total filed on the 13F, all lines: $498.6M.

Portfolio Sells Q2 2025 → Q3 2025
OKE Oneok Inc. Reduce -21.9% 0.96% −0.47
TRGP Targa Resources Corp. Reduce -17.2% 1.39% −0.42
WMB Williams Cos Inc. Reduce -10.8% 2.08% −0.32
LNG Cheniere Energy Inc. Reduce -9.4% 1.59% −0.30
ET Energy Transfer LP Reduce -9.2% 1.34% −0.28
EQIX Equinix Inc. Reduce -15.6% 1.02% −0.26
VNOM Viper Energy Inc. Sold out 0.00% −0.24
WMT Walmart Inc. Reduce -27.4% 0.67% −0.24
KMI Kinder Morgan Inc. Reduce -6.5% 1.51% −0.23
WCN Waste Connections Inc. Reduce -39.9% 0.24% −0.20
CMG Chipotle Mexican Grill Inc. Reduce -8.0% 0.32% −0.20
XOM Exxon Mobil Corp. Reduce -14.6% 1.19% −0.20
TGT Target Corp. Reduce -91.6% 0.01% −0.19
EOG EOG Resources Inc. Reduce -18.1% 0.50% −0.18
BSM Black Stone Minerals LP Reduce -43.4% 0.21% −0.18
HESM Hess Midstream LP Class A Reduce -2.1% 0.96% −0.18
COP Conocophillips Reduce -20.3% 0.73% −0.17
PAA Plains All Amer Pipeline LP Reduce -7.1% 0.86% −0.17
CTRA Coterra Energy Inc. Reduce -28.0% 0.29% −0.16
FANG Diamondback Energy Inc. Reduce -27.8% 0.41% −0.16
DLR Digital Realty Trust Inc. Reduce -9.3% 0.93% −0.14
IRM Iron Mountain Inc. Reduce -9.9% 0.80% −0.13
TRNO Terreno Realty Corp. Reduce -23.8% 0.36% −0.12
TPL Texas Pacific Land Corp. Reduce -8.2% 0.42% −0.12
MPLX MPLX LP Reduce -3.1% 1.09% −0.12
CVX Chevron Corp. Reduce -10.4% 1.35% −0.10
SLB SLB Ltd. Reduce -25.6% 0.25% −0.09
CNC Centene Corp. Sold out 0.00% −0.08
EPD Enterprise Products Partners Reduce -3.3% 1.12% −0.07
DD Dupont DE Nemours Inc. Reduce -76.9% 0.02% −0.07
EXR Extra Space Storage Inc. Reduce -11.7% 0.30% −0.07
WES Western Midstream Partners L Reduce -3.8% 1.00% −0.06
RRC Range Resources Corp. Reduce -46.1% 0.05% −0.06
HES Hess Corp. Sold out 0.00% −0.06
EQT Eqt Corp. Reduce -8.0% 0.25% −0.05
MRK Merck & Co. Inc. Reduce -24.9% 0.17% −0.05
LLY Eli Lilly & Co. Reduce -2.9% 0.52% −0.05
MAA Mid-America Apartment Comm Reduce -11.1% 0.20% −0.05
STAG Stag Industrial Inc. Reduce -7.2% 0.28% −0.04
OXY Occidental Petroleum Corp. Reduce -19.4% 0.28% −0.04
ADBE Adobe Inc. Reduce -38.1% 0.05% −0.04
VICI Vici Properties Inc. Reduce -1.2% 0.55% −0.03
DOW Dow Inc. Sold out 0.00% −0.02
CUBE Cubesmart Reduce -5.1% 0.15% −0.02
XRN Global Medical REIT Inc. Sold out 0.00% −0.02
UNH Unitedhealth Group Inc. Reduce -25.8% 0.08% −0.02
SUN Sunoco LP Reduce -3.7% 0.13% −0.02
APLE Apple Hospitality REIT Inc. Sold out 0.00% −0.02
PSX Phillips 66 Reduce -9.6% 1.46% −0.01
DVN Devon Energy Corp. Reduce -9.4% 0.27% −0.01

Portfolio Buys Q2 2025 → Q3 2025
OKLO Oklo Inc. Add +46.9% 0.91% +0.59
TLN Talen Energy Corp. Add +54.2% 0.86% +0.46
GEV GE Vernova Inc. Add +190.6% 0.57% +0.40
ORCL Oracle Corp. Add +3.3% 1.66% +0.36
CEG Constellation Energy Add +34.2% 1.24% +0.30
VST Vistra Corp. Add +25.9% 1.21% +0.22
VNOM Viper Energy Inc. Class A New 0.22% +0.22
WELL Welltower Inc. Add +1.8% 1.42% +0.17
ETR Entergy Corp. Add +21.0% 0.58% +0.13
TSLA Tesla Inc. Add +11.8% 0.38% +0.13
PLTR Palantir Technologies Inc. Class A Add +74.3% 0.22% +0.12
AVGO Broadcom Inc. Add +29.7% 0.32% +0.10
NEE Nextera Energy Inc. Add +6.8% 0.87% +0.09
XEL Xcel Energy Inc. Add +19.2% 0.33% +0.09
SPG Simon Property Group Inc. Add +2.0% 0.68% +0.09
PPL PPL Corp. Add +12.0% 0.56% +0.09
VRT Vertiv Holdings Co. Class A Add +9.8% 0.39% +0.08
CRWV Coreweave Inc. Class A New 0.07% +0.07
AEE Ameren Corporation Add +26.1% 0.29% +0.07
DUK Duke Energy Corp. Add +15.5% 0.49% +0.07
JPM JPMorgan Chase & Co. Add +0.5% 1.39% +0.07
C Citigroup Inc. Add +2.0% 0.42% +0.06
AMD Advanced Micro Devices Add +15.2% 0.28% +0.06
NRG NRG Energy Inc. Add +52.0% 0.18% +0.06
EVRG Evergy Inc. Add +29.6% 0.21% +0.06
DTE DTE Energy Company Add +14.5% 0.38% +0.06
VTR Ventas Inc. Add +18.8% 0.27% +0.06
GOOG Alphabet Inc. Class C Add +13.1% 0.17% +0.06
BX Blackstone Inc. Add +1.3% 0.55% +0.06
OHI Omega Healthcare Investors Add +6.3% 0.36% +0.05
META Meta Platforms Inc. Class A Add +26.1% 0.31% +0.05
FE Firstenergy Corp. Add +11.3% 0.29% +0.05
CMS CMS Energy Corp. Add +19.6% 0.29% +0.05
AEP American Electric Power Add +10.9% 0.37% +0.05
EXC Exelon Corp. Add +26.7% 0.23% +0.05
SRE Sempra Add +2.0% 0.32% +0.04
NI Nisource Inc. Add +13.6% 0.28% +0.04
WTRG Essential Utilities Inc. Add +15.0% 0.26% +0.04
NWN Northwest Natural Holding Co. Add +52.7% 0.10% +0.04
CNP Centerpoint Energy Inc. Add +27.9% 0.17% +0.04
PNW Pinnacle West Capital Add +131.3% 0.07% +0.04
IDA Idacorp Inc. Add +17.6% 0.16% +0.04
NEM Newmont Corp. New 0.04% +0.04
SO The Southern Co. Add +28.4% 0.16% +0.04
ES Eversource Energy Add +5.0% 0.29% +0.03
SMR Nuscale Power Corp. New 0.03% +0.03
WM Waste Management Inc. Add +44.7% 0.12% +0.03
NJR New Jersey Resources Corp. Add +46.1% 0.09% +0.03
TSM Taiwan Semiconductor-SP ADR Add +75.0% 0.06% +0.03
CRWD CrowdStrike Holdings Inc. Class A Add +15.9% 0.43% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 308$530.5MNVDA, GOOGL, CAT, VLO, WMB
Q1 2026 305$506.6MNVDA, GOOGL, VLO, WMB, MPC
Q4 2025 307$471.5MNVDA, GOOGL, AAPL, MSFT, WMB
Q3 2025 307$498.5MNVDA, GOOGL, WMB, MSFT, AAPL
Q2 2025 313$479.5MNVDA, WMB, MSFT, LNG, TRGP
Q1 2025 314$493.8MNVDA, WMB, TRGP, LNG, OKE
Q4 2024 310$493.7MNVDA, WMB, AAPL, ET, TRGP
Q3 2024 311$501.6MNVDA, WMB, XOM, OKE, CVX
Q2 2024 314$492.9MNVDA, WMB, XOM, VLO, PSX
Q1 2024 286$496.3MNVDA, PSX, MPC, VLO, WMB