SWAN Capital LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), SWAN Capital LLC reported 509 stock positions worth $257.1 million. Its top holding was Vanguard Int High DVD YLD (VYMI) at 10.1% of the portfolio, followed by Vanguard Long-Term Corp. Bond (VCLT, 8.3%) and Vanguard Real Estate ETF (VNQ, 6.9%). Compared with Q3 2025, it opened 67 new positions, sold out of 49, added to 75 and reduced 71. The biggest buy was Vanguard High DVD Yield ETF (VYM, shares +18%) and the biggest sale Vanguard Info Tech ETF (VGT, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- PENSACOLA, FL
- CIK
- 0001952722
- Portfolio Value
- $257.1M (Q4 2025)
- SEC Filing
- 0001952722-26-000001 ↗ filed Feb 12, 2026
Holdings Value
Holdings 509 stocks · $257.1M
| VYMI Vanguard Int High DVD YLD Inc. | 10.06% | 287,539 | $25.9M | Reduce -0.8% |
| VCLT Vanguard Long-Term Corp. Bond | 8.32% | 282,137 | $21.4M | Add +7.6% |
| VNQ Vanguard Real Estate ETF | 6.90% | 200,514 | $17.7M | Add +9.5% |
| VIG Vanguard Dividend Apprec ETF | 5.08% | 59,439 | $13.1M | Add +12.4% |
| VTIP Vanguard Short-Term Tips | 5.00% | 260,105 | $12.9M | Add +14.2% |
| PFF iShares Preferred & Income S | 4.93% | 409,140 | $12.7M | Add +14.3% |
| VGT Vanguard Info Tech ETF | 4.87% | 16,613 | $12.5M | Reduce -10.6% |
| VYM Vanguard High DVD Yield ETF | 4.83% | 86,600 | $12.4M | Add +17.6% |
| VDE Vanguard Energy ETF | 4.58% | 93,608 | $11.8M | Add +13.3% |
| VPU Vanguard Utilities ETF | 4.46% | 62,019 | $11.5M | Add +10.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.10% | 20,988 | $10.5M | Reduce -4.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 3.59% | 30,519 | $9.2M | Reduce -6.1% |
| VONG Vanguard Russell 1000 Growth | 3.56% | 75,155 | $9.2M | Reduce -7.4% |
| VIGI Vanguard Int Div App Indx FD | 3.55% | 99,755 | $9.1M | Add +11.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 3.47% | 31,979 | $8.9M | Reduce -4.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 3.16% | 45,826 | $8.1M | Reduce -5.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 3.13% | 38,020 | $8.1M | Reduce -4.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 2.55% | 97,079 | $6.5M | Add +17.2% |
| VONV Vanguard Russell 1000 Value | 2.53% | 70,457 | $6.5M | Reduce -5.7% |
| VSS Vanguard Ftse All Wo X-US SC | 2.09% | 37,490 | $5.4M | Reduce -3.9% |
| VCIT Vanguard Int-Term Corporate | 1.73% | 53,005 | $4.4M | Reduce -1.4% |
| AAPL Apple Inc. | 1.34% | 12,633 | $3.4M | Add +0.3% |
| SO The Southern Co. | 0.62% | 18,377 | $1.6M | Reduce -0.1% |
| NVDA Nvidia Corp. | 0.31% | 4,232 | $789K | Add +6.4% |
| AMZN Amazon.com Inc. | 0.28% | 3,165 | $731K | Add +40.0% |
| XOM Exxon Mobil Corp. | 0.28% | 5,905 | $711K | Add +66.7% |
| MCD McDonald's Corp. | 0.25% | 2,117 | $647K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 1,661 | $557K | No change |
| MSFT Microsoft Corp. | 0.20% | 1,070 | $517K | Reduce -2.5% |
| VOO Vanguard S&P 500 ETF | 0.20% | 812 | $509K | No change |
| GOOG Alphabet Inc. Class C | 0.18% | 1,500 | $471K | No change |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 5,212 | $383K | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 546 | $335K | New |
| MSI Motorola Solutions Inc. | 0.11% | 740 | $284K | Add +0.4% |
| PFE Pfizer Inc. | 0.11% | 11,319 | $282K | Reduce -0.4% |
| BLK BlackRock Inc. | 0.09% | 221 | $237K | No change |
| GE General Electric filed as GE AEROSPACE | 0.08% | 659 | $203K | No change |
| NTNX Nutanix Inc. Class A | 0.08% | 3,792 | $196K | No change |
| CVX Chevron Corp. | 0.08% | 1,282 | $195K | Add +10.8% |
| HD Home Depot Inc. | 0.07% | 559 | $192K | Add +1.6% |
| WMT Walmart Inc. | 0.07% | 1,707 | $190K | No change |
| TSLA Tesla Inc. | 0.07% | 378 | $170K | No change |
| LLY Eli Lilly & Co. | 0.06% | 154 | $166K | Reduce -0.7% |
| MNKD Mannkind Corp. | 0.06% | 28,850 | $164K | No change |
| EXAS Exact Sciences Corp. | 0.06% | 1,600 | $162K | No change |
| META Meta Platforms Inc. Class A | 0.06% | 234 | $154K | Reduce -34.8% |
| VGK Vanguard Ftse Europe ETF | 0.06% | 1,827 | $153K | No change |
| FDX FedEx Corp. | 0.06% | 518 | $150K | No change |
| T AT&T Inc. | 0.06% | 5,869 | $146K | No change |
| SOXX iShares Semiconductor ETF | 0.05% | 468 | $141K | New |
| PLTR Palantir Technologies Inc. Class A | 0.05% | 724 | $129K | Add +33.1% |
| AMD Advanced Micro Devices | 0.05% | 591 | $127K | Add +20.4% |
| JNJ Johnson & Johnson | 0.04% | 532 | $110K | No change |
| GEV GE Vernova Inc. | 0.04% | 162 | $106K | No change |
| VB Vanguard Most SM-Cap ETF-Usd | 0.04% | 394 | $102K | No change |
| KMI Kinder Morgan Inc. | 0.04% | 3,589 | $99K | Reduce -32.8% |
| CAG Conagra Brands Inc. | 0.04% | 5,514 | $95K | Add +4.8% |
| GS Goldman Sachs Group Inc. | 0.04% | 103 | $91K | No change |
| LOW Lowe's Cos Inc. | 0.03% | 358 | $86K | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.03% | 297 | $86K | Add +0.7% |
| MA Mastercard Inc. Class A | 0.03% | 150 | $86K | Add +20.0% |
| SMH Vaneck Semiconductor ETF | 0.03% | 236 | $85K | New |
| OKE Oneok Inc. | 0.03% | 1,080 | $79K | Reduce -23.6% |
| MU Micron Technology Inc. | 0.03% | 271 | $77K | Add +9.7% |
| BA The Boeing Co. | 0.03% | 353 | $77K | No change |
| LW Lamb Weston Holdings Inc. | 0.03% | 1,825 | $76K | No change |
| VZ Verizon Communications Inc. | 0.03% | 1,755 | $71K | Add +1.8% |
| KO The Coca-Cola Co. | 0.03% | 1,018 | $71K | Add +7.0% |
| CAH Cardinal Health Inc. | 0.03% | 339 | $70K | Reduce -36.6% |
| IBIT iShares Bitcoin Trust ETF | 0.03% | 1,394 | $69K | Add +39.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.03% | 227 | $69K | Add +65.7% |
| MPC Marathon Petroleum Corp. | 0.03% | 406 | $66K | No change |
| TGT Target Corp. | 0.03% | 674 | $66K | No change |
| ROKU Roku Inc. | 0.03% | 602 | $65K | Add +10.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.02% | 92 | $63K | No change |
| SCHG Schwab US Large-Cap Growth | 0.02% | 1,852 | $60K | New |
| MRK Merck & Co. Inc. | 0.02% | 573 | $60K | Add +2.9% |
| CRM Salesforce Inc. | 0.02% | 210 | $56K | Add +4.0% |
| D Dominion Energy Inc. | 0.02% | 922 | $54K | No change |
| LUV Southwest Airlines Co. | 0.02% | 1,300 | $54K | No change |
| GOOGL Alphabet Inc. Class A | 0.02% | 158 | $49K | Reduce -69.5% |
| FIS Fidelity National Info Serv | 0.02% | 739 | $49K | No change |
| JPM JPMorgan Chase & Co. | 0.02% | 151 | $49K | No change |
| SHOP Shopify Inc. Class A | 0.02% | 300 | $48K | No change |
| INTC Intel Corp. | 0.02% | 1,216 | $45K | Reduce -0.8% |
| UPS United Parcel Service Class B | 0.02% | 450 | $45K | Reduce -4.7% |
| COST Costco Wholesale Corp. | 0.02% | 50 | $43K | No change |
| CAT Caterpillar Inc. | 0.02% | 73 | $42K | No change |
| AFL Aflac Inc. | 0.02% | 375 | $41K | No change |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.02% | 508 | $41K | New |
| RH RH | 0.01% | 215 | $39K | No change |
| ABT Abbott Laboratories | 0.01% | 300 | $38K | Add +53.1% |
| ADBE Adobe Inc. | 0.01% | 103 | $36K | No change |
| GBTC Grayscale Bitcoin Trust ETF | 0.01% | 511 | $35K | Add +24.3% |
| HPE Hewlett Packard Enterprise | 0.01% | 1,418 | $34K | Reduce -12.1% |
| SLV iShares Silver Trust | 0.01% | 507 | $33K | Reduce -67.4% |
| PHYS Sprott Physical Gold Trust | 0.01% | 951 | $31K | No change |
| UIS Unisys Corp. | 0.01% | 11,000 | $30K | Add +16.9% |
| UBER Uber Technologies Inc. | 0.01% | 365 | $30K | Add +265.0% |
| AFRM Affirm Holdings Inc. | 0.01% | 400 | $30K | No change |
Other holdings (3): bonds, preferreds, convertibles and warrants · $2 (not counted above)
Total filed on the 13F, all lines: $257.1M.
Portfolio Sells Q3 2025 → Q4 2025
| VGT Vanguard Info Tech ETF | Reduce -10.6% | 4.87% | −0.76 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -4.4% | 3.47% | −0.51 |
| VONG Vanguard Russell 1000 Growth | Reduce -7.4% | 3.56% | −0.41 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.3% | 4.10% | −0.37 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -6.1% | 3.59% | −0.33 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -5.3% | 3.16% | −0.26 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -4.9% | 3.13% | −0.25 |
| VONV Vanguard Russell 1000 Value | Reduce -5.7% | 2.53% | −0.18 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -3.9% | 2.09% | −0.16 |
| VCIT Vanguard Int-Term Corporate | Reduce -1.4% | 1.73% | −0.11 |
| SO The Southern Co. | Reduce -0.1% | 0.62% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -34.8% | 0.06% | −0.05 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.04 |
| ENB Enbridge Inc. | Reduce -81.6% | 0.01% | −0.03 |
| GOOGL Alphabet Inc. Class A | Reduce -69.5% | 0.02% | −0.03 |
| MSFT Microsoft Corp. | Reduce -2.5% | 0.20% | −0.03 |
| KMI Kinder Morgan Inc. | Reduce -32.8% | 0.04% | −0.02 |
| TRP TC Energy Corp. | Sold out | 0.00% | −0.02 |
| SLV iShares Silver Trust | Reduce -67.4% | 0.01% | −0.01 |
| DAL Delta Air Lines Inc. | Reduce -91.0% | 0.00% | −0.01 |
| OKE Oneok Inc. | Reduce -23.6% | 0.03% | −0.01 |
| PANW Palo Alto Networks Inc. | Reduce -68.8% | 0.00% | −0.01 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.01 |
| PFE Pfizer Inc. | Reduce -0.4% | 0.11% | −0.01 |
| VFC VF Corp. | Reduce -62.1% | 0.01% | −0.01 |
| CAH Cardinal Health Inc. | Reduce -36.6% | 0.03% | −0.01 |
| ORCL Oracle Corp. | Reduce -6.7% | 0.01% | −0.01 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.01 |
| BIDU Baidu Inc. - Spon ADR | Reduce -82.0% | 0.00% | −0.01 |
| SHEL Shell PLC-ADR | Sold out | 0.00% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -57.0% | 0.00% | −0.00 |
| ES Eversource Energy | Sold out | 0.00% | −0.00 |
| MDT Medtronic PLC | Reduce -74.8% | 0.00% | −0.00 |
| ALAB Astera Labs Inc. | Reduce -16.0% | 0.01% | −0.00 |
| HPE Hewlett Packard Enterprise | Reduce -12.1% | 0.01% | −0.00 |
| SAND Sandstorm Gold Ltd. | Sold out | 0.00% | −0.00 |
| TSLY Tidal Trust II | Sold out | 0.00% | −0.00 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.1% | 0.15% | −0.00 |
| SOBO South Bow Corp. | Sold out | 0.00% | −0.00 |
| TEM Tempus AI Inc. Class A | Reduce -15.7% | 0.00% | −0.00 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.00 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.00 |
| CRWV Coreweave Inc. Class A | Reduce -75.0% | 0.00% | −0.00 |
| NOVT Novanta Inc. | Reduce -24.6% | 0.01% | −0.00 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.00 |
| IONQ Ionq Inc. | Sold out | 0.00% | −0.00 |
| MSTY Yieldmax MSTR Option Is ETF | Reduce -1.1% | 0.00% | −0.00 |
| WNS WNS Holdings Ltd. | Sold out | 0.00% | −0.00 |
| EQT Eqt Corp. | Sold out | 0.00% | −0.00 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -20.8% | 0.00% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| VYM Vanguard High DVD Yield ETF | Add +17.6% | 4.83% | +0.63 |
| VIG Vanguard Dividend Apprec ETF | Add +12.4% | 5.08% | +0.45 |
| VDE Vanguard Energy ETF | Add +13.3% | 4.58% | +0.37 |
| PFF iShares Preferred & Income S | Add +14.3% | 4.93% | +0.34 |
| VTIP Vanguard Short-Term Tips | Add +14.2% | 5.00% | +0.33 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +17.2% | 2.55% | +0.30 |
| VIGI Vanguard Int Div App Indx FD | Add +11.3% | 3.55% | +0.29 |
| VPU Vanguard Utilities ETF | Add +10.4% | 4.46% | +0.15 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.13% | +0.13 |
| XOM Exxon Mobil Corp. | Add +66.7% | 0.28% | +0.11 |
| VNQ Vanguard Real Estate ETF | Add +9.5% | 6.90% | +0.11 |
| AMZN Amazon.com Inc. | Add +40.0% | 0.28% | +0.08 |
| VCLT Vanguard Long-Term Corp. Bond | Add +7.6% | 8.32% | +0.07 |
| SOXX iShares Semiconductor ETF | New | 0.05% | +0.05 |
| AAPL Apple Inc. | Add +0.3% | 1.34% | +0.03 |
| SMH Vaneck Semiconductor ETF | New | 0.03% | +0.03 |
| SCHG Schwab US Large-Cap Growth | New | 0.02% | +0.02 |
| AMD Advanced Micro Devices | Add +20.4% | 0.05% | +0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.02% | +0.02 |
| MU Micron Technology Inc. | Add +9.7% | 0.03% | +0.01 |
| RWL Invesco S&P 500 Revenue ETF | New | 0.01% | +0.01 |
| XLK SS Technology Select Sector | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +65.7% | 0.03% | +0.01 |
| XRP Bitwise XRP ETF | New | 0.01% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +33.1% | 0.05% | +0.01 |
| PSX Phillips 66 | Add +1055.6% | 0.01% | +0.01 |
| UNP Union Pacific Corp. | Add +2575.0% | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | Add +265.0% | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +261.9% | 0.01% | +0.01 |
| NVS Novartis AG-Sponsored ADR | New | 0.01% | +0.01 |
| RTX RTX Corp. | Add +1600.0% | 0.01% | +0.01 |
| ROAD Construction Partners Inc. Class A | New | 0.01% | +0.01 |
| NVDA Nvidia Corp. | Add +6.4% | 0.31% | +0.01 |
| CARR Carrier Global Corp. | New | 0.01% | +0.01 |
| FSSL FS Specialty Lending Fund | New | 0.01% | +0.01 |
| ABBV Abbvie Inc. | New | 0.00% | +0.00 |
| NEE Nextera Energy Inc. | Add +1050.0% | 0.01% | +0.00 |
| MA Mastercard Inc. Class A | Add +20.0% | 0.03% | +0.00 |
| MRK Merck & Co. Inc. | Add +2.9% | 0.02% | +0.00 |
| ABT Abbott Laboratories | Add +53.1% | 0.01% | +0.00 |
| NOW ServiceNow Inc. | Add +280.0% | 0.01% | +0.00 |
| ROKU Roku Inc. | Add +10.9% | 0.03% | +0.00 |
| JHMM John Hancock Multi Fact Mid | New | 0.00% | +0.00 |
| CVX Chevron Corp. | Add +10.8% | 0.08% | +0.00 |
| ASTS Ast Spacemobile Inc. | New | 0.00% | +0.00 |
| IYW iShares Ustechnology ETF | New | 0.00% | +0.00 |
| RGLD Royal Gold Inc. | Add +157.9% | 0.00% | +0.00 |
| FISV Fiserv Inc. | Add +200.0% | 0.01% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +500.0% | 0.00% | +0.00 |
| DPZ Domino's Pizza Inc. | New | 0.00% | +0.00 |
Notes & Other Activity Q3 2025 → Q4 2025
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 1 | $1 |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 1 | $1 |
| BE Bloom Energy Corp. Class A | COM CL A | Sold out | 0 | $0before exit |
| CTRE Caretrust REIT Inc. | COM | New | 0 | $0 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 1 | $0 |
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 |