Steel Grove Capital Advisors, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Steel Grove Capital Advisors, LLC reported 178 stock positions worth $837.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 23.4% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 17.3%) and Nvidia (NVDA, 8.1%). Compared with Q2 2025, it opened 2 new positions, added to 1 and reduced 3. The biggest buy was a new position in Adobe (ADBE) and the biggest sale Bristol-Myers Squibb (BMY, shares −13%).

Most Recent 13F
Q2 2026
Location
MEMPHIS, TN
CIK
0001166308
Portfolio Value
$837.8M (Q3 2025)
SEC Filing
0001214659-25-016501 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $752.1M Q1 2024 Q2 2024: $724.3M Q2 2024 Q3 2024: $712.1M Q3 2024 Q4 2024: $708.1M Q4 2024 Q1 2025: $659.4M Q1 2025 Q2 2025: $843.3M Q2 2025 Q3 2025: $837.8M $837.8M Q3 2025 Q4 2025: $961.0M Q4 2025 Q1 2026: $947.8M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 178 stocks · $837.8M
VOO Vanguard S&P 500 ETF 23.41% 345,340 $196.2M No change
QQQ Invesco QQQ Trust Series 1 17.26% 262,200 $144.6M No change
NVDA Nvidia Corp. 8.09% 428,804 $67.7M No change
GOOGL Alphabet Inc. Class A 5.31% 252,272 $44.5M No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 4.45% 84,570 $37.3M No change
DSTL Distillate US Fundamental St 4.00% 606,155 $33.6M No change
IVV iShares Core S&P 500 ETF 2.05% 27,706 $17.2M No change
META Meta Platforms Inc. Class A 1.85% 20,953 $15.5M No change
GS Goldman Sachs Group Inc. 1.82% 21,494 $15.2M No change
BX Blackstone Inc. 1.37% 76,550 $11.5M No change
BRK.B Berkshire Hathaway Inc. Class B 1.26% 21,743 $10.6M No change
UYLD Angel Oak Ultrashort Income 0.99% 161,970 $8.3M No change
JPM JPMorgan Chase & Co. 0.86% 24,792 $7.2M No change
AMZN Amazon.com Inc. 0.82% 31,456 $6.9M No change
BSCQ Invesco Bulletshares 2026 CB 0.79% 338,186 $6.6M No change
AAPL Apple Inc. 0.72% 29,287 $6.0M No change
GSST Goldman Sachs Ultra Short Bo 0.66% 110,104 $5.6M No change
VEA Vanguard Ftse Developed ETF 0.61% 88,928 $5.1M No change
MSFT Microsoft Corp. 0.59% 9,884 $4.9M No change
AFL Aflac Inc. 0.57% 45,074 $4.8M No change
XOM Exxon Mobil Corp. 0.54% 41,971 $4.5M No change
GDX Vaneck Gold Miners ETF 0.49% 79,383 $4.1M No change
RSP Invesco S&P 500 Equal Weight 0.47% 21,786 $4.0M No change
KO The Coca-Cola Co. 0.43% 50,586 $3.6M No change
GOOG Alphabet Inc. Class C 0.42% 20,046 $3.6M No change
VGT Vanguard Info Tech ETF 0.40% 5,044 $3.3M No change
CEF Sprott Physical Gold and Sil 0.40% 110,726 $3.3M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.40% 5,380 $3.3M No change
BBDC Barings BDC Inc. 0.39% 359,280 $3.3M No change
EPD Enterprise Products Partners 0.36% 97,965 $3.0M No change
UTES Virtus Reaves Utilities ETF 0.35% 38,750 $2.9M No change
KMI Kinder Morgan Inc. 0.34% 95,556 $2.8M No change
MDY State Street SPDR S&P Midcap 0.31% 4,535 $2.6M No change
OBDC Blue Owl Capital Corp. 0.30% 174,200 $2.5M No change
CSCO Cisco Systems Inc. 0.29% 35,244 $2.4M No change
GBDC Golub Capital BDC Inc. 0.29% 166,740 $2.4M No change
BEN Franklin Templeton Inc. 0.28% 98,957 $2.4M No change
DDS Dillards Inc. Class A 0.27% 5,477 $2.3M No change
IEFA iShares Core MSCI Eafe ETF 0.27% 27,006 $2.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.27% 7,607 $2.2M No change
C Citigroup Inc. 0.27% 26,142 $2.2M No change
OKE Oneok Inc. 0.26% 26,931 $2.2M No change
F Ford Motor Co. filed as FORD MTR CO 0.26% 198,865 $2.2M No change
T AT&T Inc. 0.25% 73,792 $2.1M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.25% 23,159 $2.1M No change
TXN Texas Instruments Inc. 0.25% 9,987 $2.1M No change
ADM Archer-Daniels-Midland Co. 0.24% 38,666 $2.0M No change
DUK Duke Energy Corp. 0.24% 17,227 $2.0M No change
PSDM Pgim SHRT Duration Ms BD ETF 0.24% 39,031 $2.0M No change
BBY Best Buy Co. Inc. 0.23% 29,334 $2.0M No change
WHR Whirlpool Corp. 0.23% 19,416 $2.0M No change
MRK Merck & Co. Inc. 0.23% 24,374 $1.9M No change
CVX Chevron Corp. 0.23% 13,463 $1.9M No change
EVRG Evergy Inc. 0.23% 27,593 $1.9M No change
FMC FMC Corp. 0.23% 45,296 $1.9M No change
ES Eversource Energy 0.23% 29,670 $1.9M No change
MSM MSC Industrial Direct Co. Class A 0.23% 22,193 $1.9M No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.22% 19,510 $1.9M No change
VTRS Viatris Inc. 0.22% 208,321 $1.9M No change
MO Altria Group Inc. 0.22% 31,660 $1.9M No change
ET Energy Transfer LP 0.22% 102,167 $1.9M No change
EXC Exelon Corp. 0.22% 41,702 $1.8M No change
PRU Prudential Financial Inc. 0.21% 16,732 $1.8M No change
HPQ HP Inc. 0.21% 72,903 $1.8M No change
VZ Verizon Communications Inc. 0.21% 41,135 $1.8M No change
IWO iShares Russell 2000 Growth 0.21% 6,225 $1.8M No change
PCAR Paccar Inc. 0.21% 18,533 $1.8M No change
BND Vanguard Total Bond Market 0.21% 23,888 $1.8M No change
PFE Pfizer Inc. 0.21% 72,088 $1.7M No change
GDXJ Vaneck Junior Gold Miners 0.21% 25,652 $1.7M No change
FANG Diamondback Energy Inc. 0.21% 12,599 $1.7M No change
CMCSA Comcast Corp. Class A 0.20% 47,356 $1.7M No change
BCC Boise Cascade Co. 0.20% 19,388 $1.7M No change
SON Sonoco Products Co. 0.20% 38,271 $1.7M No change
NEAR iShares SH Dba ETF Usd Inc. 0.20% 32,318 $1.7M No change
IPG Interpublic Group of Cos Inc. 0.19% 65,515 $1.6M No change
OIH Vaneck Oil Services ETF 0.19% 6,919 $1.6M No change
KHC The Kraft Heinz Co. 0.19% 60,533 $1.6M No change
UPS United Parcel Service Class B 0.19% 15,412 $1.6M No change
BMY Bristol-Myers Squibb Co. 0.18% 33,298 $1.5M Reduce -13.1%
DOW Dow Inc. 0.18% 56,031 $1.5M No change
LYB Lyondellbasell Indu Class A 0.18% 25,478 $1.5M No change
ARM Arm Holdings PLC-ADR 0.17% 8,920 $1.4M No change
IWM iShares Russell 2000 ETF 0.17% 6,428 $1.4M No change
CPB The Campbell's Company 0.16% 43,300 $1.3M No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.16% 3,614 $1.3M No change
VPU Vanguard Utilities ETF 0.15% 7,260 $1.3M No change
TMFC Motley Fool 100 Index ETF 0.15% 19,080 $1.2M No change
WMB Williams Cos Inc. 0.14% 19,278 $1.2M No change
AVGO Broadcom Inc. 0.14% 4,303 $1.2M No change
KFRC Kforce Inc. 0.14% 28,746 $1.2M No change
MUB iShares National Muni Bond E 0.14% 11,009 $1.2M No change
CCEP Coca-Cola Europacific Partne 0.13% 11,797 $1.1M No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.13% 3,860 $1.1M No change
AGG iShares Core U.S. Aggregate 0.12% 10,538 $1.0M No change
TRGP Targa Resources Corp. 0.12% 5,717 $995K No change
BOXX Alpha Architect 1-3 MNTH Box 0.11% 8,170 $921K No change
ISTR Investar Holding Corp. 0.11% 45,991 $889K No change
MAA Mid-America Apartment Comm 0.10% 5,838 $864K No change
IJR iShares Core S&P Small-Cap E 0.10% 7,854 $858K No change
AEM Agnico Eagle Mines Ltd. 0.10% 7,180 $854K No change
PDBC Invesco Optimum Yield Divers 0.10% 62,676 $817K No change
PAA Plains All Amer Pipeline LP 0.10% 44,035 $807K No change
V Visa Inc. Class A 0.09% 2,206 $783K No change
NOW ServiceNow Inc. 0.09% 696 $716K No change
VRT Vertiv Holdings Co. Class A 0.08% 5,500 $706K No change
PNFP Pinnacle Financial Partners 0.08% 6,338 $700K No change
HD Home Depot Inc. 0.08% 1,883 $690K No change
MA Mastercard Inc. Class A 0.08% 1,213 $682K No change
COST Costco Wholesale Corp. 0.08% 663 $657K No change
ORCL Oracle Corp. 0.08% 2,969 $649K No change
MUSA Murphy USA Inc. 0.08% 1,561 $635K No change
GLD SPDR Gold Shares 0.08% 2,082 $635K No change
TRV The Travelers Cos Inc. 0.07% 2,217 $593K No change
ABBV Abbvie Inc. 0.07% 3,101 $576K No change
FTAI Ftai Aviation Ltd. 0.07% 5,000 $575K No change
LUMN Lumen Technologies Inc. 0.07% 127,552 $559K No change
TMFE Motley Fool Capital Efficie 0.06% 19,245 $542K No change
JPST JPMorgan Ultra-Short Income 0.06% 10,569 $536K No change
ISRG Intuitive Surgical Inc. 0.06% 950 $516K No change
MLPX Global X MLP & Energy Infras 0.06% 8,185 $513K No change
URI United Rentals Inc. 0.06% 677 $510K No change
IWF iShares Russell 1000 Growth 0.06% 1,200 $509K No change
JAAA Janus Henderson Aaa Clo ETF 0.06% 9,856 $500K No change
VB Vanguard Most SM-Cap ETF-Usd 0.06% 2,106 $499K No change
LLY Eli Lilly & Co. 0.06% 618 $481K Reduce -97.0%
IWN iShares Russell 2000 Value E 0.05% 2,884 $455K Reduce -51.0%
RL Ralph Lauren Corp. 0.05% 1,600 $439K No change
MMSI Merit Medical Systems Inc. 0.05% 4,650 $435K No change
WFC Wells Fargo & Co. 0.05% 4,884 $391K No change
XLE SS Energy Select Sector 0.05% 4,565 $387K No change
BLK BlackRock Inc. 0.05% 368 $386K No change
AMLP Alerian MLP ETF 0.05% 7,769 $380K No change
SUN Sunoco LP 0.04% 7,038 $377K No change
SUB iShares Short-Term National 0.04% 3,540 $376K No change
MCK McKesson Corp. 0.04% 508 $372K No change
DKS Dick's Sporting Goods Inc. 0.04% 1,779 $352K No change
SPWH Sportsman's Warehouse Holdin 0.04% 100,000 $345K No change
CRWV Coreweave Inc. Class A 0.04% 2,100 $342K No change
NN Nextnav Inc. 0.04% 22,338 $340K No change
DEM Wisdomtree Emerging Markets 0.04% 7,205 $326K No change
MAIN Main Street Capital Corp. 0.04% 5,326 $315K No change
PG The Procter & Gamble Co. 0.04% 1,954 $311K No change
UBER Uber Technologies Inc. 0.04% 3,331 $311K No change
ABT Abbott Laboratories 0.04% 2,257 $307K No change
TMO Thermo Fisher Scientific Inc. 0.04% 757 $307K No change
COP Conocophillips 0.04% 3,390 $304K No change
FDX FedEx Corp. 0.04% 1,335 $303K No change
HBCP Home Bancorp Inc. 0.04% 5,818 $301K No change
OLO Olo Inc. Class A 0.03% 32,802 $292K No change
SCCO Southern Copper Corp. 0.03% 2,858 $289K No change
TSM Taiwan Semiconductor-SP ADR 0.03% 1,260 $285K No change
SCHW Schwab (charles) Corp. 0.03% 3,120 $285K No change
VDE Vanguard Energy ETF 0.03% 2,340 $279K No change
FXB Invesco Currencyshares Briti 0.03% 2,086 $276K No change
ADBE Adobe Inc. 0.03% 710 $275K New
MPLX MPLX LP 0.03% 5,296 $273K New
SPTM SS SPDR P S&P 1500 Comp ETF 0.03% 3,606 $270K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.03% 2,810 $268K No change
FBK FB Financial Corp. filed as FB FINL CORP 0.03% 5,526 $250K No change
FHN First Horizon Corp. 0.03% 11,682 $248K No change
VGSH Vanguard Short-Term Treasury 0.03% 4,039 $237K No change
USMV iShares MSCI USA Min Vol Fac 0.03% 2,463 $231K No change
MPC Marathon Petroleum Corp. 0.03% 1,343 $223K No change
EWJ iShares MSCI Japan ETF 0.03% 2,950 $221K No change
SWKS Skyworks Solutions Inc. 0.03% 2,871 $214K No change
PEP Pepsico Inc. 0.03% 1,610 $213K No change
ISTB iShares Core 1-5 Year Usd Bo 0.03% 4,305 $209K No change
MEDP Medpace Holdings Inc. 0.02% 665 $209K No change
PANW Palo Alto Networks Inc. 0.02% 1,014 $208K No change
LNG Cheniere Energy Inc. 0.02% 827 $201K No change
NOK Nokia Corp.-Spon ADR 0.02% 38,000 $197K Add +152.8%
NML Neuberger Energy Infrastruct 0.01% 11,325 $102K No change
JPC Nuveen Prefered & Income Opp 0.01% 11,653 $93K No change
STRR Star Equity Holdings Inc. 0.01% 10,916 $93K No change
HIO Western Asset Hi Inc. Opport 0.01% 11,989 $48K No change
BFLY Butterfly Network Inc. 0.00% 15,000 $30K No change
UPLD Upland Software Inc. 0.00% 14,411 $28K No change

Options reported separately and not counted above: BMY puts ($3.1M), LLY puts ($977K), IWN calls ($474K), NOK calls ($197K).

Portfolio Sells Q2 2025 → Q3 2025
BMY Bristol-Myers Squibb Co. Reduce -13.1% 0.18% −0.37
LLY Eli Lilly & Co. Reduce -97.0% 0.06% −0.12
IWN iShares Russell 2000 Value E Reduce -51.0% 0.05% −0.06

Portfolio Buys Q2 2025 → Q3 2025
ADBE Adobe Inc. New 0.03% +0.03
MPLX MPLX LP New 0.03% +0.03
NOK Nokia Corp.-Spon ADR Add +152.8% 0.02% −0.18

Options Activity Q2 2025 → Q3 2025
BMY Bristol-Myers Squibb Co. put New 5,000 $3.1M
LLY Eli Lilly & Co. put New 20,000 $977K
IWN iShares Russell 2000 Value E call New 3,000 $474K
ADBE Adobe Inc. put Sold out 710 $275Kbefore exit
MPLX MPLX LP put Sold out 5,296 $273Kbefore exit
NOK Nokia Corp.-Spon ADR call New 30,000 $197K

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 221$1.1BVOO, QQQ, NVDA, GOOGL, DIA
Q1 2026 218$947.8MVOO, QQQ, NVDA, GOOGL, DIA
Q4 2025 200$961.0MVOO, QQQ, NVDA, GOOGL, DIA
Q3 2025 178$837.8MVOO, QQQ, NVDA, GOOGL, DIA
Q2 2025 176$843.3MVOO, QQQ, NVDA, GOOGL, DIA
Q1 2025 167$659.4MVOO, QQQ, NVDA, DIA, DSTL
Q4 2024 181$708.1MVOO, QQQ, NVDA, DIA, DSTL
Q3 2024 178$712.1MVOO, QQQ, NVDA, DIA, DSTL
Q2 2024 171$724.3MVOO, QQQ, NVDA, DIA, DSTL
Q1 2024 217$752.1MVOO, QQQ, DSTL, DIA, NVDA