SRH Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 21, 2026), SRH Advisors, LLC reported 292 stock positions worth $347.2 million. Its top holding was SRH US Quality Garp ETF (SRHQ) at 49.2% of the portfolio, followed by SRH REIT Covered Call ETF (SRHR, 13.4%) and Schwab US DVD Equity ETF (SCHD, 7.0%). Compared with Q3 2025, it opened 20 new positions, sold out of 5, added to 47 and reduced 27. The biggest buy was Avantis US Large Cap Value (AVLV, shares +13%) and the biggest sale Schwab US DVD Equity ETF (SCHD, shares −3%).

Most Recent 13F
Q2 2026
Location
SALINA, KS
CIK
0001512779
Portfolio Value
$347.2M (Q4 2025)
SEC Filing
0001512779-26-000002 ↗ filed Jan 21, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $315.4M Q1 2024 Q2 2024: $298.7M Q2 2024 Q3 2024: $329.4M Q3 2024 Q4 2024: $337.0M Q4 2024 Q1 2025: $323.9M Q1 2025 Q2 2025: $328.8M Q2 2025 Q3 2025: $342.4M Q3 2025 Q4 2025: $347.2M $347.2M Q4 2025 Q1 2026: $349.4M Q1 2026 Q2 2026: $392.4M Q2 2026

Holdings 292 stocks · $347.2M
SRHQ SRH US Quality Garp ETF 49.17% 4,308,340 $170.7M No change
SRHR SRH REIT Covered Call ETF 13.42% 879,272 $46.6M Add +0.1%
SCHD Schwab US DVD Equity ETF 6.97% 882,564 $24.2M Reduce -3.0%
JPM JPMorgan Chase & Co. 5.31% 57,220 $18.4M No change
SCHB Schwab US Broad Market ETF 2.99% 395,503 $10.4M Add +2.0%
UTF Cohen & Steers Infrastructur 2.83% 408,289 $9.8M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 1.41% 9,737 $4.9M Add +1.7%
AVLV Avantis US Large Cap Value 1.40% 64,297 $4.9M Add +13.1%
EVR Evercore Inc. Class A 1.13% 11,525 $3.9M No change
STEW SRH Total Return Fund Inc. 1.01% 188,773 $3.5M Add +0.1%
IVV iShares Core S&P 500 ETF 0.96% 4,879 $3.3M No change
VOO Vanguard S&P 500 ETF 0.92% 5,074 $3.2M Reduce -0.9%
VIG Vanguard Dividend Apprec ETF 0.81% 12,865 $2.8M Add +0.0%
MSFT Microsoft Corp. 0.76% 5,424 $2.6M Add +0.0%
WMT Walmart Inc. 0.57% 17,802 $2.0M No change
AAPL Apple Inc. 0.53% 6,766 $1.8M Add +0.0%
VYM Vanguard High DVD Yield ETF 0.46% 11,203 $1.6M Reduce -2.1%
BRK.A Berkshire Hathaway Inc. Class A 0.43% 2 $1.5M No change
WTW Willis Towers Watson PLC 0.42% 4,486 $1.5M No change
SO The Southern Co. 0.32% 12,612 $1.1M Add +0.7%
NVDA Nvidia Corp. 0.31% 5,765 $1.1M Reduce -2.5%
VCSH Vanguard S/T Corp. Bond ETF 0.28% 12,236 $976K Add +105.3%
TSLA Tesla Inc. 0.27% 2,105 $947K No change
GOOGL Alphabet Inc. Class A 0.22% 2,454 $768K Add +8.0%
NRG NRG Energy Inc. 0.22% 4,750 $756K No change
SCHG Schwab US Large-Cap Growth 0.20% 21,160 $690K No change
ZIG The Acquirers Fund ETF 0.19% 18,185 $661K Reduce -17.4%
VCIT Vanguard Int-Term Corporate 0.19% 7,800 $653K New
SDY SS SPDR S&P Dividend ETF 0.18% 4,460 $621K No change
BSV Vanguard Short-Term Bond ETF 0.17% 7,695 $606K Reduce -3.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 5,112 $582K Add +0.9%
KO The Coca-Cola Co. 0.15% 7,668 $536K Add +0.5%
AVMC Avantis US Mid Cap Eq ETF 0.14% 6,896 $487K New
KR Kroger Co. 0.13% 7,218 $451K Add +3.1%
SCHF Schwab Intl Equity ETF 0.12% 17,592 $423K Add +0.7%
META Meta Platforms Inc. Class A 0.12% 620 $409K Add +5.3%
UNH Unitedhealth Group Inc. 0.12% 1,210 $400K Add +22.0%
FWRG First Watch Restaurant Group 0.11% 24,837 $375K Reduce -4.5%
DKNG Draftkings Inc. Class A 0.11% 10,761 $371K Reduce -1.1%
SCHP Schwab U.S. Tips ETF 0.11% 13,780 $365K Reduce -32.7%
AVDE Avantis International Equity 0.10% 4,176 $344K Add +51.0%
PAYX Paychex Inc. 0.10% 3,001 $337K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.09% 3,115 $319K Add +195.3%
CINF Cincinnati Financial Corp. 0.09% 1,866 $305K No change
UNP Union Pacific Corp. 0.09% 1,300 $301K No change
XLK SS Technology Select Sector 0.08% 2,014 $290K No change
LLY Eli Lilly & Co. 0.08% 267 $287K No change
PYPL PayPal Holdings Inc. 0.08% 4,772 $279K Add +45.4%
IJR iShares Core S&P Small-Cap E 0.07% 2,129 $256K No change
XMLV Invesco S&P Midcap Low Volat 0.07% 4,075 $254K No change
JNJ Johnson & Johnson 0.07% 1,214 $251K No change
IYY iShares Dow Jones U.S. ETF 0.07% 1,450 $240K No change
SWK Stanley Black & Decker Inc. 0.07% 3,234 $240K Reduce -10.4%
PG The Procter & Gamble Co. 0.07% 1,669 $239K Reduce -37.4%
MRK Merck & Co. Inc. 0.07% 2,267 $239K No change
GOOG Alphabet Inc. Class C 0.06% 700 $220K No change
PFE Pfizer Inc. 0.06% 8,748 $218K Add +70.9%
SCHZ Schwab US Aggregate Bond ETF 0.06% 9,106 $213K No change
AVDV Avantis Intl S/C Value ETF 0.06% 2,172 $204K Add +24.4%
HD Home Depot Inc. 0.06% 578 $199K Add +1.1%
O Realty Income Corp. 0.06% 3,500 $197K Add +12.9%
EBAY eBay Inc. 0.06% 2,255 $196K Add +0.0%
TGT Target Corp. 0.06% 2,000 $196K No change
GFL GFL Environmental Inc.-Sub VT 0.06% 4,500 $193K No change
TOL Toll Brothers Inc. 0.05% 1,405 $190K Add +102.2%
VZ Verizon Communications Inc. 0.05% 4,611 $188K Add +83.3%
UBER Uber Technologies Inc. 0.05% 2,293 $187K No change
CSCO Cisco Systems Inc. 0.05% 2,400 $185K No change
QQQ Invesco QQQ Trust Series 1 0.05% 295 $181K No change
C Citigroup Inc. 0.05% 1,550 $181K No change
DVY iShares Select Dividend ETF 0.05% 1,232 $174K No change
CART Maplebear Inc. 0.05% 3,850 $173K Reduce -6.1%
IWF iShares Russell 1000 Growth 0.05% 356 $168K No change
AMZN Amazon.com Inc. 0.05% 720 $166K Add +9.1%
SCHW Schwab (charles) Corp. 0.05% 1,655 $165K Reduce -10.8%
LYFT LYFT Inc. Class A 0.05% 8,490 $164K Reduce -2.9%
KMB Kimberly-Clark Corp. 0.05% 1,600 $161K Reduce -15.8%
ALSN Allison Transmission Holding 0.05% 1,643 $161K Add +251.1%
MMM 3M Co. 0.05% 1,000 $160K No change
IJH iShares Core S&P Midcap ETF 0.05% 2,410 $159K No change
CVX Chevron Corp. 0.05% 1,027 $157K Reduce -59.4%
XOM Exxon Mobil Corp. 0.04% 1,293 $156K No change
TRV The Travelers Cos Inc. 0.04% 515 $149K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 2,681 $147K No change
VTI VG Morningstar TS MKT ETF-US 0.04% 436 $146K Reduce -37.4%
MS Morgan Stanley 0.04% 815 $145K Add +0.6%
SRE Sempra 0.04% 1,600 $141K No change
SCHO Schwab Short-Term US Treas 0.04% 5,640 $137K Reduce -25.9%
CORP PIMCO Inv Grade Corp. BD ETF 0.04% 1,400 $137K No change
COIN Coinbase Global Inc. Class A 0.04% 600 $136K Add +10.1%
GE General Electric filed as GE AEROSPACE 0.04% 437 $135K No change
WFC Wells Fargo & Co. 0.04% 1,400 $130K No change
GLPI Gaming and Leisure Propertie 0.04% 2,902 $130K Add +1.8%
GPC Genuine Parts Co. 0.04% 1,046 $129K Add +0.7%
SCHV Schwab US Large-Cap Value 0.04% 4,140 $123K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 400 $118K Reduce -33.3%
QVAL Alpha Arch US QNT Value ETF 0.03% 2,400 $117K No change
AEP American Electric Power 0.03% 1,000 $115K No change
GTY Getty Realty Corp. 0.03% 4,111 $113K Add +1.8%
T AT&T Inc. 0.03% 4,261 $106K Reduce -2.0%

Show all 292 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $63K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 50$63KNo change

Total filed on the 13F, all lines: $347.3M.

Portfolio Sells Q3 2025 → Q4 2025
SCHD Schwab US DVD Equity ETF Reduce -3.0% 6.97% −0.28
CVX Chevron Corp. Reduce -59.4% 0.05% −0.07
SCHP Schwab U.S. Tips ETF Reduce -32.7% 0.11% −0.06
ZIG The Acquirers Fund ETF Reduce -17.4% 0.19% −0.05
PG The Procter & Gamble Co. Reduce -37.4% 0.07% −0.05
SKT Tanger Inc. Reduce -81.3% 0.01% −0.05
K Kellanova Sold out 0.00% −0.04
VTI VG Morningstar TS MKT ETF-US Reduce -37.4% 0.04% −0.02
KMB Kimberly-Clark Corp. Reduce -15.8% 0.05% −0.02
IBM Intl Business Machines Corp. Reduce -33.3% 0.03% −0.02
SCHO Schwab Short-Term US Treas Reduce -25.9% 0.04% −0.01
GRBK Green Brick Partners Inc. Reduce -23.4% 0.02% −0.01
NVDA Nvidia Corp. Reduce -2.5% 0.31% −0.01
DKNG Draftkings Inc. Class A Reduce -1.1% 0.11% −0.01
FWRG First Watch Restaurant Group Reduce -4.5% 0.11% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -3.8% 0.17% −0.01
SWK Stanley Black & Decker Inc. Reduce -10.4% 0.07% −0.01
LYFT LYFT Inc. Class A Reduce -2.9% 0.05% −0.01
VYM Vanguard High DVD Yield ETF Reduce -2.1% 0.46% −0.01
SCHH Schwab US REIT ETF Reduce -36.5% 0.01% −0.01
IBP Installed Building Products Reduce -51.4% 0.01% −0.01
T AT&T Inc. Reduce -2.0% 0.03% −0.01
EBF Ennis Inc. Sold out 0.00% −0.01
SCHW Schwab (charles) Corp. Reduce -10.8% 0.05% −0.00
SPR Spirit Aerosystems Hold Class A Sold out 0.00% −0.00
IIPR Innovative Industrial Proper Sold out 0.00% −0.00
ERIC Ericsson (lm) Tel-SP ADR Sold out 0.00% −0.00
ALL Allstate Corp. Reduce -5.9% 0.00% −0.00
UL Unilever PLC-Sponsored ADR Reduce -0.5% 0.00% −0.00
TLRY Tilray Brands Inc. Reduce -2.6% 0.00% 0.00
VOO Vanguard S&P 500 ETF Reduce -0.9% 0.92% +0.00
CART Maplebear Inc. Reduce -6.1% 0.05% +0.01

Portfolio Buys Q3 2025 → Q4 2025
AVLV Avantis US Large Cap Value Add +13.1% 1.40% +0.20
VCIT Vanguard Int-Term Corporate New 0.19% +0.19
VCSH Vanguard S/T Corp. Bond ETF Add +105.3% 0.28% +0.14
AVMC Avantis US Mid Cap Eq ETF New 0.14% +0.14
SCHB Schwab US Broad Market ETF Add +2.0% 2.99% +0.08
TROW T Rowe Price Group Inc. Add +195.3% 0.09% +0.06
GOOGL Alphabet Inc. Class A Add +8.0% 0.22% +0.06
AVDE Avantis International Equity Add +51.0% 0.10% +0.04
ALSN Allison Transmission Holding Add +251.1% 0.05% +0.03
AAPL Apple Inc. Add +0.0% 0.53% +0.03
TOL Toll Brothers Inc. Add +102.2% 0.05% +0.03
NCLH Norwegian Cruise Line Holdin New 0.03% +0.03
PFE Pfizer Inc. Add +70.9% 0.06% +0.02
VZ Verizon Communications Inc. Add +83.3% 0.05% +0.02
PYPL PayPal Holdings Inc. Add +45.4% 0.08% +0.02
UNH Unitedhealth Group Inc. Add +22.0% 0.12% +0.01
AVDV Avantis Intl S/C Value ETF Add +24.4% 0.06% +0.01
KKR KKR & Co. Inc. New 0.01% +0.01
SFM Sprouts Farmers Market Inc. Add +485.0% 0.01% +0.01
HOOD Robinhood Markets Inc. Class A New 0.01% +0.01
RCL Royal Caribbean Cruises Ltd. New 0.01% +0.01
METU Direx DLY Meta Bul 2X ETF-US New 0.01% +0.01
STEW SRH Total Return Fund Inc. Add +0.1% 1.01% +0.01
EVRG Evergy Inc. Add +49.2% 0.02% +0.01
KO The Coca-Cola Co. Add +0.5% 0.15% +0.01
AMZN Amazon.com Inc. Add +9.1% 0.05% +0.01
OKE Oneok Inc. Add +122.3% 0.01% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +1.7% 1.41% +0.00
CAG Conagra Brands Inc. Add +496.9% 0.00% +0.00
MS Morgan Stanley Add +0.6% 0.04% +0.00
TTWO Take-Two Interactive Softwre New 0.00% +0.00
CCL Carnival Corp. Add +404.0% 0.00% +0.00
VIG Vanguard Dividend Apprec ETF Add +0.0% 0.81% +0.00
BA The Boeing Co. Add +14.3% 0.03% +0.00
SCHF Schwab Intl Equity ETF Add +0.7% 0.12% +0.00
EPD Enterprise Products Partners New 0.00% +0.00
MA Mastercard Inc. Class A New 0.00% +0.00
KMI Kinder Morgan Inc. Add +56.7% 0.01% +0.00
NFLX Netflix Inc. New 0.00% +0.00
DG Dollar General Corp. New 0.00% +0.00
O Realty Income Corp. Add +12.9% 0.06% +0.00
DUK Duke Energy Corp. Add +55.0% 0.01% +0.00
SBUX Starbucks Corp. Add +18.0% 0.01% +0.00
GWRE Guidewire Software Inc. New 0.00% +0.00
SPY SS SPDR S&P 500 ETF Trust-US New 0.00% +0.00
SIRI Sirius XM Holdings Inc. Add +63.4% 0.00% +0.00
ELV Elevance Health Inc. New 0.00% +0.00
BX Blackstone Inc. New 0.00% +0.00
GTY Getty Realty Corp. Add +1.8% 0.03% +0.00
DPZ Domino's Pizza Inc. New 0.00% +0.00

Notes & Other Activity Q3 2025 → Q4 2025
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 Sold out 407,864 $32Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 275$392.4MSRHQ, SRHR, SCHD, JPM, SCHB
Q1 2026 277$349.4MSRHQ, SRHR, SCHD, JPM, UTF
Q4 2025 292$347.2MSRHQ, SRHR, SCHD, JPM, SCHB
Q3 2025 275$342.4MSRHQ, SRHR, SCHD, JPM, UTF
Q2 2025 267$328.8MSRHQ, SRHR, SCHD, JPM, UTF
Q1 2025 268$323.9MSRHQ, SRHR, SCHD, JPM, UTF
Q4 2024 280$337.0MSRHQ, SRHR, SCHD, JPM, UTF
Q3 2024 284$329.4MSRHQ, SRHR, SCHD, JPM, UTF
Q2 2024 289$298.7MSRHQ, SRHR, SCHD, JPM, UTF
Q1 2024 306$315.4MSRHQ, SRHR, SCHD, JPM, UTF