TCFG Wealth Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 21, 2025), TCFG Wealth Management, LLC reported 260 stock positions worth $253.6 million. Its top holding was Apple (AAPL) at 6.1% of the portfolio, followed by Nvidia (NVDA, 5.9%) and Vaneck Junior Gold Miners (GDXJ, 2.9%). Compared with Q2 2025, it opened 35 new positions, sold out of 32, added to 85 and reduced 104. The biggest buy was Vaneck Junior Gold Miners (GDXJ, shares +164%) and the biggest sale an exit from Viper Energy (VNOM).

Most Recent 13F
Q1 2026
Location
LAGUNA NIGUEL, CA
CIK
0001548059
Portfolio Value
$253.6M (Q3 2025)
SEC Filing
0001754960-25-000800 ↗ filed Nov 21, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q3 2024: $198.0M Q3 2024 Q4 2024: $197.3M Q4 2024 Q1 2025: $198.0M Q1 2025 Q2 2025: $219.4M Q2 2025 Q3 2025: $253.6M $253.6M Q3 2025 Q4 2025: $254.8M Q4 2025 Q1 2026: $266.2M Q1 2026

Holdings 260 stocks · $253.6M
AAPL Apple Inc. 6.12% 60,976 $15.5M Reduce -2.9%
NVDA Nvidia Corp. 5.93% 80,667 $15.1M Reduce -1.7%
GDXJ Vaneck Junior Gold Miners 2.88% 73,818 $7.3M Add +164.4%
AMZN Amazon.com Inc. 2.46% 28,381 $6.2M Reduce -0.3%
UYLD Angel Oak Ultrashort Income 2.17% 107,756 $5.5M Add +2.0%
MSFT Microsoft Corp. 2.12% 10,360 $5.4M Add +1.9%
FNV Franco-Nevada Corp. 2.11% 23,959 $5.3M Add +0.6%
BOXX Alpha Architect 1-3 MNTH Box 1.74% 38,646 $4.4M Reduce -4.6%
GRID First TRST Nasd Class Edg Sgiif 1.72% 28,939 $4.4M Add +6.6%
OKLO Oklo Inc. 1.39% 31,580 $3.5M Add +13.2%
DGCB Dimensional Global Credit 1.38% 63,086 $3.5M Add +470.9%
AEM Agnico Eagle Mines Ltd. 1.38% 20,706 $3.5M Reduce -3.0%
V Visa Inc. Class A 1.25% 9,259 $3.2M Add +0.4%
FTCS First Trust Capital Strength 1.18% 32,014 $3.0M New
WPM Wheaton Precious Metals Corp. 1.15% 26,166 $2.9M Reduce -0.3%
RDVY First Trust Rising Dividend 1.09% 41,023 $2.8M Reduce -2.2%
DFAC Dimensional US Core Equity 2 1.05% 69,273 $2.7M Reduce -34.9%
FEX First Trust Large Cap Core A 1.00% 21,673 $2.5M Reduce -0.3%
CVX Chevron Corp. 0.98% 16,014 $2.5M Add +0.4%
GOOGL Alphabet Inc. Class A 0.98% 10,182 $2.5M Reduce -0.3%
GOOG Alphabet Inc. Class C 0.97% 10,096 $2.5M Add +0.2%
CEG Constellation Energy 0.95% 7,346 $2.4M Add +2.6%
RWL Invesco S&P 500 Revenue ETF 0.93% 21,247 $2.4M Add +0.2%
AVGO Broadcom Inc. 0.82% 6,315 $2.1M Add +9.0%
HP Helmerich & Payne 0.82% 93,948 $2.1M Add +85.9%
BRK.B Berkshire Hathaway Inc. Class B 0.77% 3,906 $2.0M Reduce -8.6%
CCJ Cameco Corp. 0.75% 22,620 $1.9M Reduce -2.3%
EPD Enterprise Products Partners 0.74% 60,404 $1.9M Reduce -2.3%
META Meta Platforms Inc. Class A 0.74% 2,551 $1.9M Reduce -6.3%
MP MP Materials Corp. 0.74% 27,800 $1.9M Add +54.3%
REMX Vaneck Rar Earth ND STG-Usdi 0.73% 28,313 $1.9M New
FVD First Trust Value Line DVD 0.73% 39,784 $1.8M Add +0.0%
PLTR Palantir Technologies Inc. Class A 0.72% 10,003 $1.8M Reduce -11.0%
LGOV First TR Long Duration O-ETF 0.67% 78,213 $1.7M Reduce -1.8%
QQQ Invesco QQQ Trust Series 1 0.66% 2,779 $1.7M New
FDD First Trust Stoxx Europe 0.66% 103,166 $1.7M Reduce -0.2%
TSLA Tesla Inc. 0.64% 3,668 $1.6M Reduce -9.4%
XOM Exxon Mobil Corp. 0.64% 14,300 $1.6M Add +32.5%
APP AppLovin Corp. Class A 0.58% 2,057 $1.5M Add +73.3%
BUFR FT Vest Lad Buffervetf-Usd I 0.58% 43,926 $1.5M Reduce -0.0%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.57% 25,248 $1.5M Add +56.8%
AMD Advanced Micro Devices 0.57% 8,901 $1.4M Add +1.7%
DDWM Wisdomtree DY Inter Eq FD-US 0.55% 33,368 $1.4M Add +3.6%
CPER United States Copper Index 0.54% 45,944 $1.4M Add +11.9%
CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET 0.49% 31,266 $1.2M Add +15.7%
FGD First Trust DJ GL Sel DVD 0.48% 42,133 $1.2M Reduce -0.6%
JEPI JPMorgan Equity Premium Inco 0.47% 21,115 $1.2M Add +0.1%
LEU Centrus Energy Corp. Class A 0.47% 3,845 $1.2M New
TDIV FT Nasdaq Tech DVD Index FD 0.47% 11,970 $1.2M Add +1.6%
PSLV Sprott Physical Silver Trust 0.46% 74,975 $1.2M Reduce -1.0%
LMBS First Trust Low Duration Opp 0.46% 23,403 $1.2M Add +9.9%
FTA First Trust L C Val Alp 0.46% 13,959 $1.2M Reduce -0.1%
FDL First Trust Morn DVD Lead Inc. 0.45% 26,480 $1.1M No change
DDIV First Trust Dorsey Wright Mo 0.45% 28,177 $1.1M Add +0.2%
KNG FT Vest S&P 500 DVD Arst TRG 0.44% 22,691 $1.1M Add +8.5%
SII Sprott Inc. 0.44% 13,350 $1.1M Add +31.0%
BITO Proshares Bitcoin ETF-Usd 0.42% 54,736 $1.1M Add +332.4%
COST Costco Wholesale Corp. 0.42% 1,157 $1.1M Reduce -10.4%
FTSL First Trust Senior Loan ETF 0.42% 23,144 $1.1M Reduce -0.7%
AFGR First Trust Active Factor La 0.42% 29,131 $1.1M Reduce 0.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 1,569 $1.0M Reduce -0.9%
NUE Nucor Corp. 0.41% 7,701 $1.0M No change
JPM JPMorgan Chase & Co. 0.41% 3,296 $1.0M Reduce -5.3%
DUHP Dimensional US High Profi Et 0.41% 27,415 $1.0M Add +1.4%
GLD SPDR Gold Shares 0.40% 2,862 $1.0M Reduce -13.6%
VOO Vanguard S&P 500 ETF 0.39% 1,611 $986K Reduce -1.8%
ORCL Oracle Corp. 0.39% 3,502 $985K Reduce -0.5%
AIRR First Trust Rba American Ind 0.39% 10,144 $981K Reduce -20.3%
MDIV FT Multi-Asset Divers Inc. 0.38% 60,846 $976K Reduce -0.8%
CSL Carlisle Cos Inc. 0.38% 2,941 $967K No change
DFIC Dimensional International Co. 0.38% 29,248 $959K Reduce -2.6%
PTLC Pacer Trendpilot US Large Ca 0.38% 17,383 $952K Add +45.9%
PG The Procter & Gamble Co. 0.37% 6,057 $931K Reduce -1.3%
KMI Kinder Morgan Inc. 0.36% 32,075 $908K Add +5.4%
AMLP Alerian MLP ETF 0.36% 19,338 $908K Reduce -20.3%
EMLP First Trust North American E 0.35% 23,047 $882K Reduce -0.3%
BILS SS Spdrb B 3-12M T-Bill ETF 0.34% 8,760 $872K Reduce -2.6%
DFSV Dimensional US Small Cap Val 0.34% 26,960 $858K Reduce -7.3%
CGSD Cap Group Short Duration 0.33% 31,822 $827K Reduce -13.9%
CTA Simplify Managed Futures St 0.33% 29,470 $824K Reduce -58.4%
FYX First Trust Small Cap Core A 0.31% 7,309 $797K Reduce -1.9%
HD Home Depot Inc. 0.31% 1,941 $786K Reduce -12.5%
ETN Eaton Corp. PLC 0.31% 2,081 $779K Add +10.6%
COWZ Pacer US Cash Cows 100 ETF 0.30% 13,300 $767K Add +1.6%
XLK SS Technology Select Sector 0.30% 2,698 $760K Add +1.0%
JNJ Johnson & Johnson 0.30% 4,095 $759K Add +3.6%
BRK.A Berkshire Hathaway Inc. Class A 0.30% 1 $754K No change
PSEC Prospect Capital Corp. 0.30% 272,203 $749K Reduce -1.8%
FXL First Trust Technology Alpha 0.29% 4,442 $746K No change
IAU iShares Gold Trust 0.29% 10,108 $736K Add +19.2%
VZ Verizon Communications Inc. 0.29% 16,614 $730K Reduce -60.1%
USAI Pacer Ame Energy Infr ETF-US 0.28% 18,042 $719K Add +0.2%
SMH Vaneck Semiconductor ETF 0.27% 2,110 $689K No change
GDMN Wisdomtree Eff Gold PL Miner 0.27% 8,585 $682K New
UBER Uber Technologies Inc. 0.26% 6,826 $669K Add +7.8%
MA Mastercard Inc. Class A 0.26% 1,156 $658K Add +3.6%
IWF iShares Russell 1000 Growth 0.26% 1,387 $652K Add +0.5%
EDOW First Trust Dow 30 Eql WGHT 0.25% 15,946 $637K No change
CGIC Cap Group Intl Core Eq filed as CAPITAL GROUP INTERNATIONAL 0.25% 20,515 $632K Add +15.2%
TSM Taiwan Semiconductor-SP ADR 0.25% 2,255 $630K Add +4.5%
GCOW Pacer Global Cash Cows Divid 0.25% 15,732 $623K No change
SDVY First Trust Smid Cap Rising 0.24% 16,270 $619K Reduce -9.7%
SIVR Abrdn Physical Silver Shares 0.24% 13,856 $616K Reduce -22.8%
FPE FT-Preferred Secur & Inc. ETF 0.24% 33,471 $611K New
SHOP Shopify Inc. Class A 0.24% 4,045 $601K Add +3.9%
GOEX Global X Gold Explorers ETF 0.23% 8,775 $596K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.23% 5,177 $593K Add +3.8%
RSPT Invesco S&P 500 Equal Weight 0.23% 13,237 $590K Reduce -1.0%
SHLD Global X Defense Tech ETF 0.23% 8,387 $589K New
CGCP Cap Group Core Plus Income 0.23% 25,775 $586K New
MRK Merck & Co. Inc. 0.23% 6,966 $585K Reduce -0.2%
IJS iShares S&P Small-Cap 600 Va 0.23% 5,169 $575K Add +5.5%
CGGR Cap Group Growth Equity 0.23% 13,032 $572K Add +31.1%
BUFG FT Vest Buffered Allocation 0.22% 20,907 $563K Reduce -7.5%
FPX First Trust US Equity Opport 0.22% 3,375 $561K Reduce -2.8%
FIXD First Trust Smith Opportunis 0.22% 12,614 $560K Reduce -0.3%
CGUI Cap Group Ultra Short Income 0.22% 22,116 $559K Add +0.2%
DVN Devon Energy Corp. 0.22% 15,859 $556K Reduce -14.6%
IWD iShares Russell 1000 Value E 0.21% 2,675 $545K Add +1.6%
GEV GE Vernova Inc. 0.21% 886 $545K Add +9.3%
RDVI FT Vest Rising Dividend Achi 0.21% 20,865 $539K Add +24.7%
SPHQ Invesco S&P 500 Quality ETF 0.21% 7,219 $529K No change
MFIC Midcap Financial Investment 0.21% 43,687 $524K Add +4.9%
ENB Enbridge Inc. 0.21% 10,358 $523K No change
HOOD Robinhood Markets Inc. Class A 0.20% 3,626 $519K Add +35.0%
PTMC Pacer Trendpilot US Mid Cap 0.20% 14,390 $515K New
QUAL iShares MSCI USA Quality Fac 0.20% 2,646 $515K Reduce -1.1%
AXON Axon Enterprise Inc. 0.20% 713 $512K Reduce -8.2%
KLAC KLA Corp. 0.20% 473 $510K Reduce -6.5%
MO Altria Group Inc. 0.20% 7,684 $508K Add +1.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.20% 1,057 $507K Reduce -0.6%
FYT First Trust Small Cap Val 0.20% 9,009 $504K No change
ET Energy Transfer LP 0.20% 29,309 $503K Add +1.6%
MINT PIMCO Enhanced Short Maturit 0.20% 5,010 $503K Add +4.2%
GE General Electric filed as GE AEROSPACE 0.20% 1,658 $499K Add +4.8%
BWXT BWX Technologies Inc. 0.20% 2,688 $496K Add +1.9%
WMT Walmart Inc. 0.19% 4,750 $490K Add +6.7%
CAT Caterpillar Inc. 0.19% 1,011 $482K Reduce -12.6%
FTDS First Trust Dividend Strengt 0.19% 8,592 $478K Add +0.2%
VCSH Vanguard S/T Corp. Bond ETF 0.19% 5,963 $477K Reduce -1.3%
TBIL F/M US Treasury 3 Month Bill 0.19% 9,516 $476K Reduce -40.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.19% 9,133 $471K No change
LLY Eli Lilly & Co. 0.19% 617 $471K Reduce -25.7%
SPTS SS SPDR P St Term TSY ETF 0.18% 15,682 $460K Reduce -45.4%
FNX First Trust Mid Cap Core Alp 0.18% 3,640 $456K Reduce -0.2%
PBA Pembina Pipeline Corp. 0.18% 11,134 $451K Add +9.0%
TWO RDS SHARED TR 0.18% 40,059 $445K Add +7.8%
RTX RTX Corp. 0.17% 2,613 $437K New
MU Micron Technology Inc. 0.17% 2,597 $435K Add +53.6%
FEP First Trust Europe 0.17% 8,420 $431K Reduce -2.6%
PANW Palo Alto Networks Inc. 0.17% 2,086 $425K Add +15.4%
CEF Sprott Physical Gold and Sil 0.17% 11,525 $423K Reduce -59.7%
BX Blackstone Inc. 0.16% 2,405 $411K Add +0.2%
JXN Jackson Financial Inc. Class A 0.16% 4,058 $411K Reduce -6.8%
BA The Boeing Co. 0.16% 1,900 $410K Reduce -4.8%
PEP Pepsico Inc. 0.16% 2,907 $408K Reduce -30.2%
CRWD CrowdStrike Holdings Inc. Class A 0.16% 832 $408K No change
NFLX Netflix Inc. 0.16% 340 $408K Reduce -23.1%
SYK Stryker Corp. 0.16% 1,091 $403K Add +2.7%
PH Parker Hannifin Corp. 0.16% 526 $399K Reduce -6.4%
MSTR Strategy Inc. 0.16% 1,221 $394K Add +4.3%
MTUM iShares MSCI USA Momentum Fa 0.15% 1,533 $393K No change
TIP iShares Tips Bond ETF 0.15% 3,534 $393K Reduce -2.9%
PTNQ Pacer Trendpilot 100 ETF 0.15% 5,011 $388K New
IGSB iShares 1-5Y Inv Grade Corp. 0.15% 7,316 $388K New
PNQI Invesco Nasdaq Internet ETF 0.15% 6,879 $384K Reduce -1.5%
T AT&T Inc. 0.15% 13,580 $383K Reduce -6.8%
ITA iShares U.S. Aerospace & Def 0.15% 1,820 $381K Add +3.4%
ICOW Pacer Developed Markets Inte 0.15% 10,419 $379K Reduce -3.2%
IVV iShares Core S&P 500 ETF 0.15% 565 $379K Reduce -1.1%
DEED First Trust Securitized Plus 0.15% 17,659 $378K Reduce -0.3%
DFEM Dimensional Emrg MRKT Core 0.15% 11,520 $369K Reduce -1.7%
CRWV Coreweave Inc. Class A 0.15% 2,693 $369K New
COWG Pacer US LRG Cap Cows GR LD 0.15% 10,135 $368K Reduce -6.2%
EUFN iShares MSCI Europe Financia 0.14% 10,659 $366K New
FTSM First Trust Enh Short Mat FD 0.14% 6,109 $366K No change
ANET Arista Networks Inc. 0.14% 2,468 $360K New
PFXF Vaneck Pref Sec X-Financials 0.14% 20,102 $357K Reduce -0.5%
SGOL Abrdn Physical Gold Shares 0.14% 9,668 $356K No change
XLC SS Comm Select Sector SPDR 0.14% 2,985 $353K New
SHY iShares 1-3 Year Treasury Bo 0.14% 4,187 $347K Reduce -33.4%
KGC Kinross Gold Corp. 0.13% 13,586 $338K New
SMCI Super Micro Computer Inc. 0.13% 7,038 $337K Add +3.0%
SDOG Alps Sector Dividend Dogs 0.13% 5,510 $332K Reduce -0.7%
DSEP FT Vest U.S. Equity Deep Buf 0.13% 7,435 $329K Add +0.8%
CRCL Circle Internet Group Inc. 0.13% 2,440 $323K New
STIP iShares 0-5 Year Tips Bond E 0.13% 3,113 $322K Add +0.6%
MS Morgan Stanley 0.13% 2,023 $322K Add +17.8%
KHC The Kraft Heinz Co. 0.13% 12,300 $320K No change
DIHP Dimensional International Hi 0.13% 10,495 $319K Reduce -5.0%
FTC First Trust Large Cap Growth 0.12% 1,971 $317K Reduce -4.5%
VLO Valero Energy Corp. 0.12% 1,847 $314K Reduce -0.1%
FAB First Trust Multi Cap Value 0.12% 3,602 $314K Reduce -2.7%
MCD McDonald's Corp. 0.12% 1,020 $310K Reduce -10.6%
DISV Dimensional International SM 0.12% 8,645 $309K Reduce -17.1%
VTES Vanguard SH Term Tax-Ex Bond 0.12% 3,026 $308K New
O Realty Income Corp. 0.12% 4,816 $293K Reduce -28.8%
MELI MercadoLibre Inc. 0.11% 124 $290K Reduce -7.5%
CLS Celestica Inc. 0.11% 1,158 $285K New
SYLD Cambria Shareholder Yield Et 0.11% 4,121 $284K Add +1.4%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.11% 8,578 $280K Add +1.7%
BABA Alibaba Group Holding-SP ADR 0.11% 1,560 $279K New
SPLV Invesco S&P 500 Low Volatili 0.11% 3,744 $275K Add +2.1%
F Ford Motor Co. filed as FORD MTR CO 0.11% 22,831 $273K Reduce -4.2%
R Ryder System Inc. 0.11% 1,444 $272K Reduce -29.0%
LMT Lockheed Martin Corp. 0.10% 532 $266K No change
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.10% 2,758 $264K New
FBND Fidelity Total Bond ETF 0.10% 5,704 $264K Reduce -2.9%
BIV Vanguard Intermediate-Term B 0.10% 3,365 $263K New
AMGN Amgen Inc. 0.10% 928 $262K Reduce -7.6%
VST Vistra Corp. 0.10% 1,332 $261K No change
GGN Gamco GLBL Gold NTRL Res Inc. 0.10% 50,240 $259K No change
SCHV Schwab US Large-Cap Value 0.10% 8,652 $252K No change
OKE Oneok Inc. 0.10% 3,447 $252K New
SMR Nuscale Power Corp. 0.10% 6,836 $246K Reduce -50.8%
BFC Bank First Corp. 0.10% 2,022 $245K No change
FAD First Trust Multi Cap Growth 0.10% 1,510 $242K No change
XISE FT Vest US Equity Buffer & P 0.10% 8,005 $242K Add +9.0%
ETV Eaton Vance T/M Buy-Writ Opp 0.09% 16,890 $241K No change
BINC iShares Flex I A ETF-Usd Inc. 0.09% 4,498 $239K No change
TMUS T-Mobile US Inc. 0.09% 999 $239K Add +5.6%
HOLA JPM Intll HDG Eq LDDR Ovrly filed as J P MORGAN EXCHANGE TRADED F 0.09% 4,623 $239K New
VTI VG Morningstar TS MKT ETF-US 0.09% 722 $237K New
CI The Cigna Group 0.09% 817 $236K Add +4.1%
GBTC Grayscale Bitcoin Trust ETF 0.09% 2,621 $235K No change
FNOV FT Vest US Equity Buffer ETF 0.09% 4,421 $234K No change
IFLN Invesco Bloomberg Enhanced F 0.09% 12,443 $232K Add +4.6%
SCHD Schwab US DVD Equity ETF 0.09% 8,473 $231K Reduce -3.3%
VNOM Viper Energy Inc. Class A 0.09% 6,050 $231K New
JAAA Janus Henderson Aaa Clo ETF 0.09% 4,476 $227K Reduce -3.1%
WCN Waste Connections Inc. 0.09% 1,292 $227K No change
NFLT Virtus Newfleet Multi-Sector 0.09% 9,797 $226K No change
COMT iShares Gsci Commodity Dynam 0.09% 8,343 $224K Add +2.2%
RDDT Reddit Inc. Class A 0.09% 950 $218K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.09% 471 $218K Reduce -31.6%
MSIF MSC Income Fund Inc. 0.09% 16,799 $217K New
NUBD Nuveen ESG US Aggregate Bond 0.09% 9,680 $217K No change
FSEP FT Vest U.S. Equity Buffer E 0.09% 4,288 $217K No change
NOW ServiceNow Inc. 0.09% 235 $216K Reduce -11.0%
DFSD Dimensional Short Duration 0.08% 4,469 $215K Reduce -23.6%
KR Kroger Co. 0.08% 3,184 $215K Reduce -5.2%
DFGX Dimsnl Intr CF in ETF-Usd Inc. 0.08% 3,863 $208K Reduce -21.2%
SHYM iShares Short Duration High 0.08% 9,266 $207K New
HELO JPMorgan Hedged Equity ETF 0.08% 3,143 $205K New
DFCF Dimensional Core Fixed Inc. 0.08% 4,776 $204K Reduce -21.2%
INTC Intel Corp. 0.08% 6,082 $204K New
EMR Emerson Electric Co. 0.08% 1,549 $203K Reduce -1.9%
L Loews Corp. 0.08% 2,000 $201K New
TWO RDS SHARED TR 0.08% 22,338 $192K Add +8.0%
FSK FS KKR Capital Corp. 0.07% 12,722 $190K Add +3.4%
STXS Stereotaxis Inc. 0.07% 61,015 $190K Reduce -10.8%
RDW Redwire Corp. 0.07% 20,185 $181K Reduce -20.1%
OPFI Oppfi Inc. 0.07% 14,974 $170K Add +40.6%
VCV Invesco Ca Val Muni Inc. TR 0.06% 13,456 $143K No change
JPC Nuveen Prefered & Income Opp 0.05% 14,525 $119K No change
AOHY Angel Oak High Yild Oppo ETF 0.05% 10,372 $116K Add +0.1%
XJQCX Nuveen Credit Strategies Inc. 0.04% 19,093 $101K No change
NAK Northern Dynasty Minerals 0.01% 24,600 $30K No change
CTM Castellum Inc. 0.01% 15,596 $17K New
VIVK Vivakor Inc. 0.00% 11,097 $5K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $888K (not counted above)
SecurityClassShares / PrincipalValueChange
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 11,950$453KReduce -57.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 340$435KReduce -4.2%

Total filed on the 13F, all lines: $254.5M.

Portfolio Sells Q2 2025 → Q3 2025
VNOM Viper Energy Inc. Sold out 0.00% −0.69
DFAC Dimensional US Core Equity 2 Reduce -34.9% 1.05% −0.68
CTA Simplify Managed Futures St Reduce -58.4% 0.33% −0.54
VZ Verizon Communications Inc. Reduce -60.1% 0.29% −0.53
AMZN Amazon.com Inc. Reduce -0.3% 2.46% −0.39
BOXX Alpha Architect 1-3 MNTH Box Reduce -4.6% 1.74% −0.34
NEM Newmont Corp. Sold out 0.00% −0.29
XLE SS Energy Select Sector Sold out 0.00% −0.29
TS Tenaris SA-ADR Sold out 0.00% −0.24
CEF Sprott Physical Gold and Sil Reduce -59.7% 0.17% −0.23
TTD Trade Desk Inc./the Class A Sold out 0.00% −0.21
SPTS SS SPDR P St Term TSY ETF Reduce -45.4% 0.18% −0.20
FSIG FT Ltd. Duration Inv Grade Sold out 0.00% −0.20
NXE Nexgen Energy Ltd. Sold out 0.00% −0.20
URNJ Sprott Jr Uranium Miners ETF Sold out 0.00% −0.18
AMLP Alerian MLP ETF Reduce -20.3% 0.36% −0.18
META Meta Platforms Inc. Class A Reduce -6.3% 0.74% −0.18
TBIL F/M US Treasury 3 Month Bill Reduce -40.1% 0.19% −0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -8.6% 0.77% −0.17
ANGL Vaneck Fallen Angel High YLD Sold out 0.00% −0.16
FSMB First Trust Short Dur Manag Sold out 0.00% −0.16
COST Costco Wholesale Corp. Reduce -10.4% 0.42% −0.16
TPL Texas Pacific Land Corp. Sold out 0.00% −0.16
SMR Nuscale Power Corp. Reduce -50.8% 0.10% −0.15
SAP Sap SE-Sponsored ADR Sold out 0.00% −0.14
ENFR Alerian Energy Infrastructur Sold out 0.00% −0.14
CRM Salesforce Inc. Sold out 0.00% −0.14
OBDC Blue Owl Capital Corp. Sold out 0.00% −0.14
CALF PCR US SM CP CSH CWS ETF-Usd Sold out 0.00% −0.13
EPD Enterprise Products Partners Reduce -2.3% 0.74% −0.13
IBIT iShares Bitcoin Trust ETF Sold out 0.00% −0.13
CCL Carnival Corp. Sold out 0.00% −0.12
RDW Redwire Corp. Reduce -20.1% 0.07% −0.12
RDVY First Trust Rising Dividend Reduce -2.2% 1.09% −0.11
CGSD Cap Group Short Duration Reduce -13.9% 0.33% −0.11
LLY Eli Lilly & Co. Reduce -25.7% 0.19% −0.11
NFLX Netflix Inc. Reduce -23.1% 0.16% −0.11
ACN Accenture PLC Class A Sold out 0.00% −0.11
LGOV First TR Long Duration O-ETF Reduce -1.8% 0.67% −0.11
PSEC Prospect Capital Corp. Reduce -1.8% 0.30% −0.11
PAYX Paychex Inc. Sold out 0.00% −0.11
SHV iShares 0-1 Year Treasury Bo Sold out 0.00% −0.10
SHY iShares 1-3 Year Treasury Bo Reduce -33.4% 0.14% −0.10
VPLS Vanguard Core-Plus Bond ETF Sold out 0.00% −0.10
MOS The Mosaic Co. Sold out 0.00% −0.10
IOT Samsara Inc. Class A Sold out 0.00% −0.10
UNH Unitedhealth Group Inc. Sold out 0.00% −0.09
DFGP Dimensional GLBL Core PL Fix Sold out 0.00% −0.09
KO The Coca-Cola Co. Sold out 0.00% −0.09
AGG iShares Core U.S. Aggregate Sold out 0.00% −0.09

Portfolio Buys Q2 2025 → Q3 2025
GDXJ Vaneck Junior Gold Miners Add +164.4% 2.88% +2.02
FTCS First Trust Capital Strength New 1.18% +1.18
DGCB Dimensional Global Credit Add +470.9% 1.38% +1.11
REMX Vaneck Rar Earth ND STG-Usdi New 0.73% +0.73
OKLO Oklo Inc. Add +13.2% 1.39% +0.68
QQQ Invesco QQQ Trust Series 1 New 0.66% +0.66
LEU Centrus Energy Corp. Class A New 0.47% +0.47
HP Helmerich & Payne Add +85.9% 0.82% +0.47
MP MP Materials Corp. Add +54.3% 0.74% +0.46
APP AppLovin Corp. Class A Add +73.3% 0.58% +0.39
FNV Franco-Nevada Corp. Add +0.6% 2.11% +0.33
BITO Proshares Bitcoin ETF-Usd Add +332.4% 0.42% +0.30
GDMN Wisdomtree Eff Gold PL Miner New 0.27% +0.27
FPE FT-Preferred Secur & Inc. ETF New 0.24% +0.24
GOEX Global X Gold Explorers ETF New 0.23% +0.23
SHLD Global X Defense Tech ETF New 0.23% +0.23
CGCP Cap Group Core Plus Income New 0.23% +0.23
PTMC Pacer Trendpilot US Mid Cap New 0.20% +0.20
JEPQ JPM Nasdaq Equity Premium Add +56.8% 0.57% +0.17
RTX RTX Corp. New 0.17% +0.17
GOOG Alphabet Inc. Class C Add +0.2% 0.97% +0.15
PTNQ Pacer Trendpilot 100 ETF New 0.15% +0.15
IGSB iShares 1-5Y Inv Grade Corp. New 0.15% +0.15
CRWV Coreweave Inc. Class A New 0.15% +0.15
EUFN iShares MSCI Europe Financia New 0.14% +0.14
ANET Arista Networks Inc. New 0.14% +0.14
XLC SS Comm Select Sector SPDR New 0.14% +0.14
KGC Kinross Gold Corp. New 0.13% +0.13
CRCL Circle Internet Group Inc. New 0.13% +0.13
VTES Vanguard SH Term Tax-Ex Bond New 0.12% +0.12
SII Sprott Inc. Add +31.0% 0.44% +0.12
CLS Celestica Inc. New 0.11% +0.11
BABA Alibaba Group Holding-SP ADR New 0.11% +0.11
XOM Exxon Mobil Corp. Add +32.5% 0.64% +0.11
HYS PIMCO 0-5 Year H/Y Corp. Bond New 0.10% +0.10
BIV Vanguard Intermediate-Term B New 0.10% +0.10
PTLC Pacer Trendpilot US Large Ca Add +45.9% 0.38% +0.10
OKE Oneok Inc. New 0.10% +0.10
HOLA JPM Intll HDG Eq LDDR Ovrly New 0.09% +0.09
AVGO Broadcom Inc. Add +9.0% 0.82% +0.09
VTI VG Morningstar TS MKT ETF-US New 0.09% +0.09
VNOM Viper Energy Inc. Class A New 0.09% +0.09
HOOD Robinhood Markets Inc. Class A Add +35.0% 0.20% +0.09
RDDT Reddit Inc. Class A New 0.09% +0.09
MSIF MSC Income Fund Inc. New 0.09% +0.09
SHYM iShares Short Duration High New 0.08% +0.08
HELO JPMorgan Hedged Equity ETF New 0.08% +0.08
INTC Intel Corp. New 0.08% +0.08
L Loews Corp. New 0.08% +0.08
MU Micron Technology Inc. Add +53.6% 0.17% +0.08

Notes & Other Activity Q2 2025 → Q3 2025
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -57.3% 11,950 $453K
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -4.2% 340 $435K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 272$266.2MAAPL, TBIL, NVDA, FNV, GDXJ
Q4 2025 266$254.8MAAPL, NVDA, GDXJ, AMZN, UYLD
Q3 2025Amended 260$253.6MAAPL, NVDA, GDXJ, AMZN, UYLD
Q2 2025 257$219.4MNVDA, AAPL, AMZN, UYLD, MSFT
Q1 2025 236$198.0MAAPL, NVDA, UYLD, AMZN, BOXX
Q4 2024 224$197.3MAAPL, NVDA, UYLD, AMZN, MSFT
Q3 2024 221$198.0MAAPL, NVDA, UYLD, MSFT, AMZN