SWAN Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 23, 2025), SWAN Capital LLC reported 382 stock positions worth $216.5 million. Its top holding was Vanguard Long-Term Corp. Bond (VCLT) at 9.1% of the portfolio, followed by Vanguard Int High DVD YLD (VYMI, 8.2%) and Vanguard Real Estate ETF (VNQ, 7.8%). Compared with Q4 2024, it opened 45 new positions, sold out of 41, added to 45 and reduced 34. The biggest buy was Vanguard Int High DVD YLD (VYMI, shares +4%) and the biggest sale Vanguard Energy ETF (VDE, shares −16%).
- Most Recent 13F
- Q2 2026
- Location
- PENSACOLA, FL
- CIK
- 0001952722
- Portfolio Value
- $216.5M (Q1 2025)
- SEC Filing
- 0001986042-25-000010 ↗ filed May 23, 2025
Holdings Value
Holdings 382 stocks · $216.5M
| VCLT Vanguard Long-Term Corp. Bond | 9.14% | 260,786 | $19.8M | Add +6.8% |
| VYMI Vanguard Int High DVD YLD Inc. | 8.15% | 239,586 | $17.7M | Add +4.3% |
| VNQ Vanguard Real Estate ETF | 7.76% | 185,580 | $16.8M | Add +4.1% |
| VIG Vanguard Dividend Apprec ETF | 5.95% | 66,434 | $12.9M | Reduce -3.6% |
| PFF iShares Preferred & Income S | 5.93% | 417,620 | $12.8M | Add +1.3% |
| VTIP Vanguard Short-Term Tips | 5.90% | 255,996 | $12.8M | Reduce -7.2% |
| VIGI Vanguard Int Div App Indx FD | 5.87% | 153,176 | $12.7M | Reduce -5.1% |
| VDE Vanguard Energy ETF | 5.42% | 90,422 | $11.7M | Reduce -15.8% |
| VPU Vanguard Utilities ETF | 5.36% | 67,974 | $11.6M | Reduce -7.4% |
| VYM Vanguard High DVD Yield ETF | 5.25% | 88,144 | $11.4M | Add +1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.86% | 15,712 | $8.4M | Add +2.4% |
| VONG Vanguard Russell 1000 Growth | 3.63% | 84,788 | $7.9M | Add +28.0% |
| VGT Vanguard Info Tech ETF | 3.61% | 14,394 | $7.8M | Add +31.2% |
| VWOB Vanguard Emerg MKTS Gov BND | 3.07% | 103,421 | $6.6M | Add +0.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.81% | 24,862 | $6.1M | Add +27.4% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 2.78% | 23,932 | $6.0M | Add +34.7% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.40% | 32,352 | $5.2M | Add +25.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.36% | 27,418 | $5.1M | Add +30.6% |
| VSS Vanguard Ftse All Wo X-US SC | 1.65% | 30,935 | $3.6M | Add +22.4% |
| VCIT Vanguard Int-Term Corporate | 1.65% | 43,577 | $3.6M | Add +22.0% |
| AAPL Apple Inc. | 1.25% | 12,164 | $2.7M | Reduce -0.0% |
| VONV Vanguard Russell 1000 Value | 1.18% | 31,041 | $2.6M | Add +93.4% |
| SO The Southern Co. | 0.79% | 18,525 | $1.7M | Add +0.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 1,849 | $508K | No change |
| NVDA Nvidia Corp. | 0.21% | 4,121 | $447K | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.20% | 822 | $422K | Add +1.2% |
| MSFT Microsoft Corp. | 0.18% | 1,014 | $380K | Add +3.9% |
| MSI Motorola Solutions Inc. | 0.17% | 819 | $359K | New |
| AMZN Amazon.com Inc. | 0.16% | 1,797 | $342K | Reduce -0.4% |
| T AT&T Inc. | 0.15% | 11,184 | $316K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 5,212 | $316K | No change |
| PFE Pfizer Inc. | 0.13% | 11,366 | $288K | Add +0.0% |
| NTNX Nutanix Inc. Class A | 0.12% | 3,792 | $265K | Reduce -51.3% |
| GOOG Alphabet Inc. Class C | 0.10% | 1,400 | $219K | No change |
| BLK BlackRock Inc. | 0.10% | 221 | $209K | No change |
| HD Home Depot Inc. | 0.10% | 568 | $208K | No change |
| MCD McDonald's Corp. | 0.09% | 615 | $192K | No change |
| MNKD Mannkind Corp. | 0.07% | 28,850 | $145K | No change |
| CAG Conagra Brands Inc. | 0.06% | 5,262 | $140K | No change |
| GE General Electric filed as GE AEROSPACE | 0.06% | 659 | $132K | No change |
| VGK Vanguard Ftse Europe ETF | 0.06% | 1,827 | $128K | No change |
| FERG Ferguson Enterprises Inc. | 0.06% | 793 | $127K | No change |
| FDX FedEx Corp. | 0.06% | 518 | $126K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 210 | $121K | No change |
| JNJ Johnson & Johnson | 0.05% | 708 | $117K | No change |
| LLY Eli Lilly & Co. | 0.05% | 136 | $112K | No change |
| WMT Walmart Inc. | 0.05% | 1,224 | $107K | Reduce -11.6% |
| LW Lamb Weston Holdings Inc. | 0.04% | 1,825 | $97K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.04% | 394 | $87K | No change |
| EXAS Exact Sciences Corp. | 0.04% | 2,000 | $87K | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.04% | 225 | $79K | No change |
| VZ Verizon Communications Inc. | 0.04% | 1,724 | $78K | Reduce -1.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.04% | 302 | $78K | Add +9.4% |
| MA Mastercard Inc. Class A | 0.03% | 125 | $69K | No change |
| BA The Boeing Co. | 0.03% | 396 | $68K | No change |
| AMT American Tower Corp. | 0.03% | 300 | $65K | No change |
| TSLA Tesla Inc. | 0.03% | 235 | $61K | Reduce -0.8% |
| MPC Marathon Petroleum Corp. | 0.03% | 406 | $59K | Reduce -34.7% |
| GS Goldman Sachs Group Inc. | 0.03% | 103 | $56K | No change |
| FIS Fidelity National Info Serv | 0.03% | 739 | $55K | No change |
| CRM Salesforce Inc. | 0.02% | 200 | $54K | No change |
| KMI Kinder Morgan Inc. | 0.02% | 1,877 | $54K | No change |
| D Dominion Energy Inc. | 0.02% | 922 | $52K | No change |
| GEV GE Vernova Inc. | 0.02% | 162 | $49K | No change |
| UPS United Parcel Service Class B | 0.02% | 439 | $48K | No change |
| SLV iShares Silver Trust | 0.02% | 1,555 | $48K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.02% | 562 | $47K | Add +0.4% |
| COST Costco Wholesale Corp. | 0.02% | 50 | $47K | No change |
| LUV Southwest Airlines Co. | 0.02% | 1,300 | $44K | No change |
| AI C3.AI Inc. Class A | 0.02% | 2,000 | $42K | No change |
| WYNN WYNN Resorts Ltd. | 0.02% | 501 | $42K | No change |
| MRK Merck & Co. Inc. | 0.02% | 429 | $39K | No change |
| ROKU Roku Inc. | 0.02% | 543 | $38K | No change |
| PANW Palo Alto Networks Inc. | 0.02% | 210 | $36K | Add +5.0% |
| CVX Chevron Corp. | 0.02% | 205 | $34K | Reduce -65.7% |
| SPXL Direxion Daily S&P 500 Bull | 0.02% | 236 | $33K | Reduce -9.2% |
| JPM JPMorgan Chase & Co. | 0.01% | 125 | $31K | No change |
| SNOW Snowflake Inc. | 0.01% | 202 | $30K | No change |
| SHOP Shopify Inc. Class A | 0.01% | 300 | $29K | No change |
| APD Air Products & Chemicals Inc. | 0.01% | 96 | $28K | No change |
| OXFORD LANE CAP CORP | 0.01% | 5,878 | $28K | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.01% | 411 | $27K | No change |
| CVS CVS Health Corp. | 0.01% | 392 | $27K | Add +62.0% |
| WM Waste Management Inc. | 0.01% | 113 | $26K | No change |
| INTC Intel Corp. | 0.01% | 1,143 | $26K | No change |
| PDI PIMCO Dynamic Income Fund | 0.01% | 1,300 | $26K | No change |
| BMY Bristol-Myers Squibb Co. | 0.01% | 414 | $25K | No change |
| ABT Abbott Laboratories | 0.01% | 188 | $25K | Reduce -0.5% |
| HPE Hewlett Packard Enterprise | 0.01% | 1,614 | $25K | No change |
| DOCU Docusign Inc. | 0.01% | 300 | $24K | No change |
| ADBE Adobe Inc. | 0.01% | 63 | $24K | No change |
| CAT Caterpillar Inc. | 0.01% | 73 | $24K | No change |
| AGNC AGNC Investment Corp. | 0.01% | 2,500 | $24K | No change |
| TFC Truist Financial Corp. | 0.01% | 570 | $23K | No change |
| PHYS Sprott Physical Gold Trust | 0.01% | 951 | $23K | No change |
| WBA Walgreens Boots Alliance Inc. | 0.01% | 2,042 | $23K | No change |
| SCHF Schwab Intl Equity ETF | 0.01% | 1,084 | $21K | New |
| QQQM Invesco Nasdaq 100 ETF | 0.01% | 111 | $21K | New |
| AMD Advanced Micro Devices | 0.01% | 200 | $21K | No change |
| AVGO Broadcom Inc. | 0.01% | 121 | $20K | Add +476.2% |
Portfolio Sells Q4 2024 → Q1 2025
| VDE Vanguard Energy ETF | Reduce -15.8% | 5.42% | −0.94 |
| VIG Vanguard Dividend Apprec ETF | Reduce -3.6% | 5.95% | −0.63 |
| VTIP Vanguard Short-Term Tips | Reduce -7.2% | 5.90% | −0.62 |
| VPU Vanguard Utilities ETF | Reduce -7.4% | 5.36% | −0.49 |
| VIGI Vanguard Int Div App Indx FD | Reduce -5.1% | 5.87% | −0.43 |
| AAPL Apple Inc. | Reduce -0.0% | 1.25% | −0.24 |
| NTNX Nutanix Inc. Class A | Reduce -51.3% | 0.12% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 0.16% | −0.04 |
| CVX Chevron Corp. | Reduce -65.7% | 0.02% | −0.03 |
| TSLA Tesla Inc. | Reduce -0.8% | 0.03% | −0.02 |
| MPC Marathon Petroleum Corp. | Reduce -34.7% | 0.03% | −0.01 |
| WMT Walmart Inc. | Reduce -11.6% | 0.05% | −0.01 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.01 |
| SPXL Direxion Daily S&P 500 Bull | Reduce -9.2% | 0.02% | −0.01 |
| VFC VF Corp. | Reduce -17.9% | 0.01% | −0.01 |
| IWP iShares Russell Mid-Cap Grow | Sold out | 0.00% | −0.00 |
| PNNT Pennantpark Investment Corp. | Sold out | 0.00% | −0.00 |
| ABR Arbor Realty Trust Inc. | Sold out | 0.00% | −0.00 |
| SDY SS SPDR S&P Dividend ETF | Sold out | 0.00% | −0.00 |
| ARI Apollo Commercial Real Estat | Sold out | 0.00% | −0.00 |
| DIS The Walt Disney Co. | Reduce -1.7% | 0.01% | −0.00 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.00 |
| ACRE Ares Commercial Real Estate | Sold out | 0.00% | −0.00 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.00 |
| AQN Algonquin Power & Utilities | Sold out | 0.00% | −0.00 |
| BP BP PLC-Spons ADR | Reduce -65.9% | 0.00% | −0.00 |
| FNV Franco-Nevada Corp. | Reduce -39.8% | 0.00% | −0.00 |
| PPLT Abrdn Physical Platinum SHRS | Sold out | 0.00% | −0.00 |
| EMLC Vaneck JPM Em Local Curr BND | Sold out | 0.00% | −0.00 |
| OKLO Oklo Inc. | Reduce -85.3% | 0.00% | −0.00 |
| BRKR Bruker Corp. | Reduce -83.3% | 0.00% | −0.00 |
| BITO Proshares Bitcoin ETF-Usd | Sold out | 0.00% | −0.00 |
| MDT Medtronic PLC | Reduce -23.9% | 0.00% | −0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -12.0% | 0.00% | −0.00 |
| ITA iShares U.S. Aerospace & Def | Sold out | 0.00% | −0.00 |
| SLYV SS SPDR S&P 600 SC Val ETF | Sold out | 0.00% | −0.00 |
| BTG B2GOLD Corp. | Sold out | 0.00% | −0.00 |
| FHYS Fed Hermes SHRT Dur Hi Yield | Sold out | 0.00% | −0.00 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.00 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.00 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.00 |
| SUI Sun Communities Inc. | Sold out | 0.00% | −0.00 |
| CQP Cheniere Energy Partners LP | Sold out | 0.00% | −0.00 |
| GMED Globus Medical Inc. Class A | Sold out | 0.00% | −0.00 |
| NVS Novartis AG-Sponsored ADR | Sold out | 0.00% | −0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Sold out | 0.00% | −0.00 |
| SNAP Snap Inc. Class A | Reduce -15.3% | 0.00% | −0.00 |
| SOUN Soundhound AI Inc. Class A | Reduce -18.6% | 0.00% | −0.00 |
| SCCO Southern Copper Corp. | Sold out | 0.00% | −0.00 |
| TWO Two Harbors Investment Corp. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| VYMI Vanguard Int High DVD YLD Inc. | Add +4.3% | 8.15% | +0.55 |
| VONV Vanguard Russell 1000 Value | Add +93.4% | 1.18% | +0.55 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.4% | 3.86% | +0.47 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +27.4% | 2.81% | +0.39 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +25.3% | 2.40% | +0.36 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +34.7% | 2.78% | +0.35 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +30.6% | 2.36% | +0.33 |
| VONG Vanguard Russell 1000 Growth | Add +28.0% | 3.63% | +0.29 |
| VGT Vanguard Info Tech ETF | Add +31.2% | 3.61% | +0.28 |
| VCIT Vanguard Int-Term Corporate | Add +22.0% | 1.65% | +0.25 |
| VSS Vanguard Ftse All Wo X-US SC | Add +22.4% | 1.65% | +0.24 |
| VCLT Vanguard Long-Term Corp. Bond | Add +6.8% | 9.14% | +0.23 |
| MSI Motorola Solutions Inc. | New | 0.17% | +0.17 |
| SO The Southern Co. | Add +0.8% | 0.79% | +0.05 |
| VNQ Vanguard Real Estate ETF | Add +4.1% | 7.76% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | New | 0.01% | +0.01 |
| SCHF Schwab Intl Equity ETF | New | 0.01% | +0.01 |
| MU Micron Technology Inc. | New | 0.01% | +0.01 |
| DTD Wisdomtree US Total Dividend | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +476.2% | 0.01% | +0.01 |
| CVS CVS Health Corp. | Add +62.0% | 0.01% | +0.01 |
| SCHG Schwab US Large-Cap Growth | New | 0.01% | +0.01 |
| MLPX Global X MLP & Energy Infras | New | 0.01% | +0.01 |
| SCHV Schwab US Large-Cap Value | New | 0.01% | +0.01 |
| LVHD Franklin U.S. Low Volatility | New | 0.01% | +0.01 |
| FVD First Trust Value Line DVD | New | 0.00% | +0.00 |
| SBUX Starbucks Corp. | New | 0.00% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | New | 0.00% | +0.00 |
| MRVL Marvell Technology Inc. | New | 0.00% | +0.00 |
| XLE SS Energy Select Sector | New | 0.00% | +0.00 |
| AEM Agnico Eagle Mines Ltd. | Add +22.2% | 0.01% | +0.00 |
| FREL Fidelity MSCI RL Est Indx | New | 0.00% | +0.00 |
| NKE Nike Inc. Class B | Add +89.3% | 0.01% | +0.00 |
| XLI SS Industrial Select Sector | New | 0.00% | +0.00 |
| DIVO Amplify CWP Enhan Divid ETF | New | 0.00% | +0.00 |
| DLR Digital Realty Trust Inc. | New | 0.00% | +0.00 |
| VNQI Vanguard GLBL Ex-US Real Est | New | 0.00% | +0.00 |
| IJR iShares Core S&P Small-Cap E | New | 0.00% | +0.00 |
| BWXT BWX Technologies Inc. | New | 0.00% | +0.00 |
| FPX First Trust US Equity Opport | New | 0.00% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Add +0.4% | 0.02% | +0.00 |
| PFFA Virtus Infracap US Pref STCK | Add +62.2% | 0.00% | +0.00 |
| KGC Kinross Gold Corp. | Add +15.0% | 0.00% | +0.00 |
| VST Vistra Corp. | New | 0.00% | +0.00 |
| BTX BlackRock Tech & Priv Eqty | New | 0.00% | +0.00 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.00% | +0.00 |
| CLS Celestica Inc. | New | 0.00% | +0.00 |
| CEG Constellation Energy | New | 0.00% | +0.00 |
| CPER United States Copper Index | New | 0.00% | +0.00 |
| CRDO Credo Technology Group Holdi | New | 0.00% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| TEUCRIUM WHEAT FUND | WHEAT FD | Reduce -100.0% | 0 | $0 |
| URNM Sprott Uranium Miners ETF | URANI MINER ETF | Reduce -100.0% | 0 | $0 |
| SOC Sable Offshore Corp. | COM SHS | Sold out | 0 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 580 | $292.2M | VYMI, VNQ, VCLT, VTIP, VIG |
| Q1 2026 | 550 | $272.0M | VYMI, VCLT, VNQ, VTIP, VYM |
| Q4 2025 | 509 | $257.1M | VYMI, VCLT, VNQ, VIG, VTIP |
| Q3 2025 | 491 | $246.6M | VYMI, VCLT, VNQ, VGT, VTIP |
| Q2 2025 | 477 | $230.2M | VYMI, VCLT, VGT, VNQ, BRK.B |
| Q1 2025 | 382 | $216.5M | VCLT, VYMI, VNQ, VIG, PFF |
| Q4 2024 | 380 | $205.0M | VCLT, VNQ, VYMI, VIG, VTIP |
| Q3 2024 | 345 | $203.2M | VCLT, VYMI, VNQ, VIG, VIGI |
| Q2 2024 | 308 | $183.6M | VCLT, VYMI, VONG, VNQ, VGT |
| Q1 2024 | 35 | $175.9M | VGT, VONG, BRK.B, VYMI, VBK |