Tannin Capital LLC

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), Tannin Capital LLC reported 169 stock positions worth $152.2 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 3.9% of the portfolio, followed by Global X 1-3 Month T-Bill (CLIP, 3.8%) and JPMorgan Chase (JPM, 3.6%). Compared with Q1 2026, it opened 26 new positions, sold out of 10, added to 55 and reduced 77. The biggest buy was a new position in iShares Bitcoin Trust ETF (IBIT) and the biggest sale Global X 1-3 Month T-Bill (CLIP, shares −29%).

Most Recent 13F
Q2 2026
Location
CHARLOTTE, NC
CIK
0002110834
Portfolio Value
$152.2M (Q2 2026)
SEC Filing
0002110834-26-000004 ↗ filed Aug 4, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2025: $111.8M Q4 2025 Q1 2026: $137.8M Q1 2026 Q2 2026: $152.2M $152.2M Q2 2026

Holdings 169 stocks · $152.2M
BRK.A Berkshire Hathaway Inc. Class A 3.94% 8 $6.0M No change
CLIP Global X 1-3 Month T-Bill 3.78% 57,295 $5.7M Reduce -28.8%
JPM JPMorgan Chase & Co. 3.60% 16,711 $5.5M Reduce -1.1%
AAPL Apple Inc. 3.50% 18,390 $5.3M Reduce -5.8%
GOOGL Alphabet Inc. Class A 3.01% 12,833 $4.6M Reduce -4.8%
NVDA Nvidia Corp. 3.00% 22,800 $4.6M Add +5.3%
VOO Vanguard S&P 500 ETF 2.43% 5,385 $3.7M Reduce -5.5%
AVGO Broadcom Inc. 2.22% 8,953 $3.4M Add +0.9%
GS Goldman Sachs Group Inc. 2.20% 3,303 $3.3M Reduce -5.4%
ABBV Abbvie Inc. 2.12% 12,795 $3.2M Reduce -1.7%
VUG Vanguard Mrngstar GR ETF-Sui 1.84% 32,566 $2.8M Reduce -2.9%
MSFT Microsoft Corp. 1.69% 6,911 $2.6M Add +11.6%
HD Home Depot Inc. 1.59% 6,862 $2.4M Add +8.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.58% 3,214 $2.4M Reduce -6.8%
JNJ Johnson & Johnson 1.35% 8,084 $2.1M Add +1.1%
V Visa Inc. Class A 1.24% 5,519 $1.9M Reduce -7.0%
EMR Emerson Electric Co. 1.23% 13,034 $1.9M Reduce -0.3%
VTI VG Morningstar TS MKT ETF-US 1.19% 4,905 $1.8M Reduce -4.2%
VT Vanguard Tot World STK ETF 1.18% 11,424 $1.8M Reduce -4.8%
CSCO Cisco Systems Inc. 1.13% 14,596 $1.7M Reduce -18.4%
IBIT iShares Bitcoin Trust ETF 1.08% 49,185 $1.6M New
STX Seagate Technology Holdings 1.06% 1,673 $1.6M No change
AMZN Amazon.com Inc. 1.06% 6,771 $1.6M Add +5.3%
IWD iShares Russell 1000 Value E 1.06% 6,629 $1.6M Reduce -2.6%
GOOG Alphabet Inc. Class C 1.04% 4,479 $1.6M Reduce -4.9%
META Meta Platforms Inc. Class A 1.04% 2,796 $1.6M Add +8.2%
IJH iShares Core S&P Midcap ETF 0.97% 19,070 $1.5M Reduce -4.2%
SPDW Ste STR SPDR PT DW Eu ETF 0.92% 27,785 $1.4M Add +9.0%
BRK.B Berkshire Hathaway Inc. Class B 0.88% 2,661 $1.3M Reduce -6.3%
DIVO Amplify CWP Enhan Divid ETF 0.86% 28,576 $1.3M Reduce -7.7%
IWF iShares Russell 1000 Growth 0.85% 10,472 $1.3M No change
INTC Intel Corp. 0.83% 9,092 $1.3M Reduce -25.5%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.83% 2,416 $1.3M Reduce -5.5%
WMT Walmart Inc. 0.82% 11,053 $1.3M Reduce -11.8%
SO The Southern Co. 0.81% 12,844 $1.2M Add +1.5%
CVX Chevron Corp. 0.81% 7,411 $1.2M Reduce -2.3%
PG The Procter & Gamble Co. 0.79% 8,233 $1.2M Add +9.8%
EME Emcor Group Inc. 0.78% 1,435 $1.2M Reduce -6.9%
CSX CSX Corp. 0.76% 24,437 $1.2M Reduce -6.3%
QQQ Invesco QQQ Trust Series 1 0.76% 1,560 $1.1M Add +7.0%
RTX RTX Corp. 0.75% 6,048 $1.1M Reduce -10.3%
BAC Bank of America Corp. 0.74% 19,878 $1.1M Reduce -12.3%
OKE Oneok Inc. 0.73% 12,728 $1.1M No change
IUSG iShares Core S&P U.S. Growth 0.72% 5,814 $1.1M Add +0.0%
QQQJ Invesco Nasdaq Next Gen 100 0.68% 22,811 $1.0M Reduce -7.5%
COF Capital One Financial Corp. 0.65% 4,918 $987K Reduce -0.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.64% 3,443 $968K Reduce -0.1%
KMB Kimberly-Clark Corp. 0.60% 8,361 $918K Add +99.5%
CL Colgate-Palmolive Co. 0.59% 9,829 $901K Add +5.3%
SHOP Shopify Inc. Class A 0.57% 7,545 $861K Add +2.2%
VYM Vanguard High DVD Yield ETF 0.57% 5,448 $861K Reduce -5.1%
SCHB Schwab US Broad Market ETF 0.57% 29,704 $860K Add +0.0%
IJK iShares S&P Mid-Cap 400 Grow 0.54% 6,931 $814K Reduce -4.0%
IJT iShares S&P Small-Cap 600 GR 0.52% 4,430 $791K Reduce -8.2%
DUK Duke Energy Corp. 0.52% 6,215 $787K Add +3.0%
GLD SPDR Gold Shares 0.50% 2,072 $763K No change
IVV iShares Core S&P 500 ETF 0.49% 998 $747K Reduce -0.3%
NFLX Netflix Inc. 0.49% 10,458 $747K Add +14.6%
PEP Pepsico Inc. 0.46% 5,222 $707K Reduce -26.4%
MCD McDonald's Corp. 0.46% 2,604 $704K Add +72.6%
BKNG Booking Holdings Inc. 0.45% 3,854 $687K Add +17.7%
OIH Vaneck Oil Services ETF 0.45% 1,833 $682K Reduce -60.6%
VGT Vanguard Info Tech ETF 0.44% 5,638 $674K Reduce -11.0%
SPOT Spotify Technology SA 0.44% 1,461 $671K Add +5.4%
CB Chubb Ltd. 0.44% 1,944 $662K Add +22.2%
TFC Truist Financial Corp. 0.41% 12,592 $627K Add +2.4%
VIG Vanguard Dividend Apprec ETF 0.41% 2,649 $627K Reduce -2.2%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.41% 2,039 $625K Reduce -9.9%
HDV iShares Core High Dividend E 0.41% 22,701 $622K Reduce -4.7%
VICR Vicor Corp. 0.40% 1,621 $616K Reduce -0.9%
FAST Fastenal Co. 0.40% 12,677 $609K Reduce -12.9%
TEL Te Connectivity PLC 0.40% 2,992 $603K Add +2.0%
BX Blackstone Inc. 0.39% 5,032 $592K Add +45.9%
MA Mastercard Inc. Class A 0.38% 1,131 $581K New
ABT Abbott Laboratories 0.37% 6,284 $570K Add +10.2%
RBC RBC Bearings Inc. 0.36% 844 $544K Reduce -8.3%
IE Ivanhoe Electric Inc. / US 0.35% 54,861 $527K Add +1.1%
LLY Eli Lilly & Co. 0.34% 431 $517K Add +11.7%
IDEV iShares Core MSCI Dev MKTS 0.34% 5,758 $513K Add +44.0%
AIQ Global X Art Intel & Tech 0.33% 7,748 $508K New
VEU Vanguard Ftse All-World Ex-U 0.33% 6,064 $508K Add +19.9%
UPS United Parcel Service Class B 0.33% 4,704 $506K Add +8.4%
COST Costco Wholesale Corp. 0.33% 538 $503K Reduce -10.5%
CAT Caterpillar Inc. 0.33% 472 $503K Reduce -29.6%
RJF Raymond James Financial Inc. 0.32% 3,219 $489K Add +10.5%
LNG Cheniere Energy Inc. 0.32% 2,031 $485K Add +9.0%
SPCX Space Exploration Techn Class A 0.31% 2,771 $473K New
CASY Casey's General Stores Inc. 0.31% 589 $468K Reduce -1.7%
BP BP PLC-Spons ADR 0.30% 12,523 $463K Add +4.1%
UNH Unitedhealth Group Inc. 0.30% 1,109 $461K Add +2.1%
FDX FedEx Corp. 0.30% 1,447 $453K Reduce -22.9%
EW Edwards Lifesciences Corp. 0.30% 4,976 $450K Reduce -10.5%
USAR USA Rare Earth Inc. 0.30% 20,835 $450K Reduce -7.1%
AMAT Applied Materials Inc. 0.29% 604 $437K New
SYK Stryker Corp. 0.28% 1,375 $433K Add +18.0%
ORCL Oracle Corp. 0.28% 2,890 $424K Reduce -4.8%
OII Oceaneering Intl Inc. 0.27% 10,104 $409K Reduce -4.2%
TSCO Tractor Supply Company 0.27% 12,882 $407K Add +4.1%
XLF SS Financial Select Sector 0.26% 7,491 $402K Add +0.9%
AXP American Express Co. 0.26% 1,175 $397K Add +34.3%
NTRA Natera Inc. 0.26% 1,434 $389K Reduce -2.5%
FIG Figma Inc. Class A 0.25% 21,286 $385K Add +21.6%
MELI MercadoLibre Inc. 0.25% 221 $375K Add +8.3%
ACN Accenture PLC Class A 0.24% 2,958 $368K New
RY Royal Bank of Canada 0.24% 1,778 $368K Reduce -2.7%
T AT&T Inc. 0.24% 17,521 $363K Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.23% 3,709 $357K Add +1.8%
PFE Pfizer Inc. 0.23% 14,784 $356K Reduce -6.4%
UBER Uber Technologies Inc. 0.23% 4,870 $351K Add +21.4%
VFH Vanguard Financials ETF 0.23% 2,661 $350K Reduce -6.2%
ODFL Old Dominion Freight Line 0.23% 1,585 $343K No change
ADI Analog Devices Inc. 0.22% 850 $338K Reduce -11.7%
MS Morgan Stanley 0.22% 1,606 $336K Add +5.8%
CRM Salesforce Inc. 0.22% 2,121 $332K Add +14.0%
BWXT BWX Technologies Inc. 0.22% 1,697 $330K Reduce -11.3%
SCHG Schwab US Large-Cap Growth 0.22% 9,719 $329K Reduce -3.7%
TDY Teledyne Technologies Inc. 0.21% 485 $323K Add +0.2%
SSD Simpson Manufacturing Co. Inc. 0.21% 1,544 $323K Reduce -8.5%
IQV Iqvia Holdings Inc. 0.21% 1,671 $323K No change
XLI SS Industrial Select Sector 0.21% 1,735 $321K Reduce -4.1%
HONA Honeywell Aerospace Inc. 0.21% 1,425 $314K Reduce -1.7%
XLK SS Technology Select Sector 0.20% 1,621 $309K Reduce -0.6%
BSX Boston Scientific Corp. 0.20% 7,229 $309K Add +41.7%
XLV SS Health Care Select Sector 0.20% 1,937 $307K Reduce -6.7%
VRTX Vertex Pharmaceuticals Inc. 0.20% 609 $303K No change
XLP SS Consumer Staples Sel Sect 0.20% 3,600 $299K Reduce -5.5%
SNOW Snowflake Inc. 0.20% 1,171 $298K New
VONG Vanguard Russell 1000 Growth 0.19% 2,287 $292K Add +13.6%
WTS Watts Water Technologies-A 0.19% 742 $290K Reduce -38.8%
GGG Graco Inc. 0.18% 3,707 $280K Add +8.5%
PRI Primerica Inc. 0.18% 981 $279K Add +1.1%
HUBB Hubbell Inc. 0.18% 531 $278K Reduce -2.4%
DELL Dell Technologies -C 0.18% 634 $274K New
GRMN Garmin Ltd. 0.18% 1,148 $273K Reduce -4.7%
FCN Fti Consulting Inc. 0.18% 1,824 $272K Add +26.7%
MANH Manhattan Associates Inc. 0.18% 1,925 $268K Add +0.2%
DCI Donaldson Co. Inc. 0.17% 2,882 $259K Add +3.0%
WMB Williams Cos Inc. 0.17% 3,429 $255K New
EFA iShares MSCI Eafe ETF 0.17% 2,421 $251K No change
XLB SS Materials Select Sector 0.16% 4,906 $249K Reduce -1.8%
PGR Progressive Corp. 0.16% 1,139 $249K New
CARR Carrier Global Corp. 0.16% 3,338 $245K Reduce -9.2%
SBUX Starbucks Corp. 0.16% 2,386 $244K Reduce -36.3%
RLI Rli Corp. 0.16% 4,064 $240K New
LRCX Lam Research Corp. 0.16% 550 $238K New
FLR Fluor Corp. 0.15% 4,492 $235K Reduce -3.9%
IVW iShares S&P 500 Growth ETF 0.15% 1,701 $234K New
FLKR Franklin Ftse South Korea 0.15% 3,536 $234K New
EWS iShares MSCI Singapore ETF 0.15% 7,889 $234K New
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd 0.15% 3,935 $233K New
IYW iShares Ustechnology ETF 0.15% 920 $232K New
OTIS Otis Worldwide Corp. 0.15% 3,205 $229K New
INTU Intuit Inc. 0.15% 876 $229K New
MU Micron Technology Inc. 0.15% 197 $227K New
EWT iShares MSCI Taiwan ETF 0.15% 2,091 $227K New
RSP Invesco S&P 500 Equal Weight 0.15% 1,050 $223K No change
SYM Symbotic Inc. 0.15% 4,922 $221K Reduce -0.8%
QQQM Invesco Nasdaq 100 ETF 0.15% 729 $221K New
LOB Live Oak Bancshares Inc. 0.14% 5,388 $220K New
NEM Newmont Corp. 0.14% 2,340 $219K Add +11.7%
CALY Callaway Golf Company 0.14% 11,521 $216K Reduce -8.0%
ELV Elevance Health Inc. 0.14% 552 $213K New
NEE Nextera Energy Inc. 0.14% 2,421 $212K No change
AM Antero Midstream Corp. 0.14% 9,336 $212K Reduce -5.0%
MRK Merck & Co. Inc. 0.14% 1,625 $209K Reduce -13.2%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.14% 1,500 $207K New
IJR iShares Core S&P Small-Cap E 0.13% 1,368 $203K New
GEOS Geospace Technologies Corp. 0.09% 19,657 $133K Add +14.2%
SPRY Ars Pharmaceuticals Inc. 0.09% 16,440 $132K Reduce -11.6%

Portfolio Sells Q1 2026 → Q2 2026
CLIP Global X 1-3 Month T-Bill Reduce -28.8% 3.78% −2.08
OIH Vaneck Oil Services ETF Reduce -60.6% 0.45% −0.92
HON Honeywell International Inc. Sold out 0.00% −0.48
CRCL Circle Internet Group Inc. Sold out 0.00% −0.40
PEP Pepsico Inc. Reduce -26.4% 0.46% −0.33
CVX Chevron Corp. Reduce -2.3% 0.81% −0.33
EXPD Expeditors Intl Wash Inc. Sold out 0.00% −0.32
WMT Walmart Inc. Reduce -11.8% 0.82% −0.31
ETR Entergy Corp. Sold out 0.00% −0.23
RTX RTX Corp. Reduce -10.3% 0.75% −0.19
FDX FedEx Corp. Reduce -22.9% 0.30% −0.19
NLY Annaly Capital Management Inc. Sold out 0.00% −0.18
UI Ubiquiti Inc. Sold out 0.00% −0.17
PLD Prologis Inc. Sold out 0.00% −0.16
LOW Lowe's Cos Inc. Sold out 0.00% −0.15
DIVO Amplify CWP Enhan Divid ETF Reduce -7.7% 0.86% −0.15
IXUS iShares Core Intl Stock ETF Sold out 0.00% −0.15
T AT&T Inc. Reduce -1.3% 0.24% −0.14
RWT Redwood Trust Inc. Sold out 0.00% −0.11
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.3% 0.88% −0.11
COST Costco Wholesale Corp. Reduce -10.5% 0.33% −0.10
AAPL Apple Inc. Reduce -5.8% 3.50% −0.10
FAST Fastenal Co. Reduce -12.9% 0.40% −0.09
PFE Pfizer Inc. Reduce -6.4% 0.23% −0.09
SBUX Starbucks Corp. Reduce -36.3% 0.16% −0.08
BWXT BWX Technologies Inc. Reduce -11.3% 0.22% −0.07
WTS Watts Water Technologies-A Reduce -38.8% 0.19% −0.06
HDV iShares Core High Dividend E Reduce -4.7% 0.41% −0.06
BAC Bank of America Corp. Reduce -12.3% 0.74% −0.06
V Visa Inc. Class A Reduce -7.0% 1.24% −0.06
VYM Vanguard High DVD Yield ETF Reduce -5.1% 0.57% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -6.8% 1.58% −0.05
SYM Symbotic Inc. Reduce -0.8% 0.15% −0.05
ORCL Oracle Corp. Reduce -4.8% 0.28% −0.05
EME Emcor Group Inc. Reduce -6.9% 0.78% −0.04
VOO Vanguard S&P 500 ETF Reduce -5.5% 2.43% −0.04
XLP SS Consumer Staples Sel Sect Reduce -5.5% 0.20% −0.03
DIA SS SPDR Dow Jones Indus Avg Reduce -5.5% 0.83% −0.03
EW Edwards Lifesciences Corp. Reduce -10.5% 0.30% −0.03
VT Vanguard Tot World STK ETF Reduce -4.8% 1.18% −0.03
MRK Merck & Co. Inc. Reduce -13.2% 0.14% −0.03
HONA Honeywell Aerospace Inc. Reduce -1.7% 0.21% −0.03
GRMN Garmin Ltd. Reduce -4.7% 0.18% −0.02
AM Antero Midstream Corp. Reduce -5.0% 0.14% −0.02
SPRY Ars Pharmaceuticals Inc. Reduce -11.6% 0.09% −0.02
XLV SS Health Care Select Sector Reduce -6.7% 0.20% −0.02
VFH Vanguard Financials ETF Reduce -6.2% 0.23% −0.02
XLB SS Materials Select Sector Reduce -1.8% 0.16% −0.02
EMR Emerson Electric Co. Reduce -0.3% 1.23% −0.02
CAT Caterpillar Inc. Reduce -29.6% 0.33% −0.01

Portfolio Buys Q1 2026 → Q2 2026
IBIT iShares Bitcoin Trust ETF New 1.08% +1.08
MA Mastercard Inc. Class A New 0.38% +0.38
AIQ Global X Art Intel & Tech New 0.33% +0.33
SPCX Space Exploration Techn Class A New 0.31% +0.31
KMB Kimberly-Clark Corp. Add +99.5% 0.60% +0.31
AMAT Applied Materials Inc. New 0.29% +0.29
NVDA Nvidia Corp. Add +5.3% 3.00% +0.26
ACN Accenture PLC Class A New 0.24% +0.24
AVGO Broadcom Inc. Add +0.9% 2.22% +0.23
SNOW Snowflake Inc. New 0.20% +0.20
DELL Dell Technologies -C New 0.18% +0.18
WMB Williams Cos Inc. New 0.17% +0.17
PGR Progressive Corp. New 0.16% +0.16
RLI Rli Corp. New 0.16% +0.16
LRCX Lam Research Corp. New 0.16% +0.16
IVW iShares S&P 500 Growth ETF New 0.15% +0.15
FLKR Franklin Ftse South Korea New 0.15% +0.15
EWS iShares MSCI Singapore ETF New 0.15% +0.15
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd New 0.15% +0.15
IYW iShares Ustechnology ETF New 0.15% +0.15
OTIS Otis Worldwide Corp. New 0.15% +0.15
INTU Intuit Inc. New 0.15% +0.15
MU Micron Technology Inc. New 0.15% +0.15
EWT iShares MSCI Taiwan ETF New 0.15% +0.15
QQQM Invesco Nasdaq 100 ETF New 0.15% +0.15
LOB Live Oak Bancshares Inc. New 0.14% +0.14
QQQ Invesco QQQ Trust Series 1 Add +7.0% 0.76% +0.14
ELV Elevance Health Inc. New 0.14% +0.14
JKHY Jack Henry & Associates Inc. New 0.14% +0.14
IJR iShares Core S&P Small-Cap E New 0.13% +0.13
MCD McDonald's Corp. Add +72.6% 0.46% +0.12
BX Blackstone Inc. Add +45.9% 0.39% +0.10
IDEV iShares Core MSCI Dev MKTS Add +44.0% 0.34% +0.09
UNH Unitedhealth Group Inc. Add +2.1% 0.30% +0.09
AMZN Amazon.com Inc. Add +5.3% 1.06% +0.09
LLY Eli Lilly & Co. Add +11.7% 0.34% +0.08
SPDW Ste STR SPDR PT DW Eu ETF Add +9.0% 0.92% +0.08
HD Home Depot Inc. Add +8.1% 1.59% +0.07
AXP American Express Co. Add +34.3% 0.26% +0.07
IUSG iShares Core S&P U.S. Growth Add +0.0% 0.72% +0.06
CB Chubb Ltd. Add +22.2% 0.44% +0.06
VEU Vanguard Ftse All-World Ex-U Add +19.9% 0.33% +0.06
BKNG Booking Holdings Inc. Add +17.7% 0.45% +0.05
MS Morgan Stanley Add +5.8% 0.22% +0.04
VONG Vanguard Russell 1000 Growth Add +13.6% 0.19% +0.03
MSFT Microsoft Corp. Add +11.6% 1.69% +0.03
SCHB Schwab US Broad Market ETF Add +0.0% 0.57% +0.02
UPS United Parcel Service Class B Add +8.4% 0.33% +0.02
UBER Uber Technologies Inc. Add +21.4% 0.23% +0.02
RJF Raymond James Financial Inc. Add +10.5% 0.32% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 169$152.2MBRK.A, CLIP, JPM, AAPL, GOOGL
Q1 2026 152$137.8MCLIP, BRK.A, JPM, AAPL, GOOGL
Q4 2025 135$111.8MAAPL, JPM, VOO, NVDA, GOOGL