Tectonic Advisors LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), Tectonic Advisors LLC reported 298 stock positions worth $1.4 billion. Its top holding was PIMCO Active Bond Exchange-T (BOND) at 11.9% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 9.1%) and SS Doubleline TR Tact ETF (TOTL, 6.6%). Compared with Q1 2024, it opened 17 new positions, sold out of 13, added to 240 and reduced 26. The biggest buy was a new position in TCW Flexible Income ETF (FLXR) and the biggest sale Berry Global (BERY, shares −50%).
- Most Recent 13F
- Q2 2026
- Location
- FRISCO, TX
- CIK
- 0001859918
- Portfolio Value
- $1.4B (Q2 2024)
- SEC Filing
- 0001085146-24-003441 ↗ filed Aug 2, 2024
Holdings Value
Holdings 298 stocks · $1.4B
| BOND PIMCO Active Bond Exchange-T | 11.91% | 1,807,268 | $164.6M | Add +1.6% |
| VEA Vanguard Ftse Developed ETF | 9.12% | 2,551,173 | $126.1M | Add +4.1% |
| TOTL SS Doubleline TR Tact ETF | 6.63% | 2,308,225 | $91.7M | Add +2.2% |
| VOO Vanguard S&P 500 ETF | 6.14% | 169,632 | $84.8M | Add +7.7% |
| IVV iShares Core S&P 500 ETF | 4.07% | 102,698 | $56.2M | Add +8.1% |
| VWO Vanguard Ftse Emerging Marke | 3.02% | 955,014 | $41.8M | Add +4.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.82% | 424,972 | $39.0M | Add +10.9% |
| BND Vanguard Total Bond Market | 2.63% | 504,824 | $36.4M | Add +6.8% |
| AGG iShares Core U.S. Aggregate | 2.14% | 304,237 | $29.5M | Add +3.9% |
| ABEQ Absolute Select Value ETF | 1.52% | 702,807 | $21.1M | Reduce -1.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.28% | 277,077 | $17.7M | Add +3.5% |
| USFR Wisdomtree Floating Rate Tre | 1.17% | 321,121 | $16.2M | Reduce -2.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.14% | 65,093 | $15.8M | Add +3.7% |
| FLXR TCW Flexible Income ETF | 1.07% | 388,715 | $14.8M | New |
| EPD Enterprise Products Partners | 1.06% | 504,350 | $14.6M | Add +4.8% |
| VNQ Vanguard Real Estate ETF | 1.05% | 172,937 | $14.5M | Add +5.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.94% | 59,447 | $13.0M | Add +3.5% |
| VIST Vista Energy Sab DE CV | 0.83% | 252,976 | $11.5M | Reduce -2.3% |
| CLH Clean Harbors Inc. | 0.82% | 49,917 | $11.3M | Reduce -0.2% |
| AMLP Alerian MLP ETF | 0.80% | 230,898 | $11.1M | Add +0.1% |
| MLPA Global X MLP ETF | 0.74% | 211,723 | $10.3M | No change |
| USRT iShares Core US REIT ETF | 0.72% | 186,917 | $10.0M | Add +2.1% |
| LKQ LKQ Corp. | 0.67% | 221,564 | $9.2M | Add +11.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.65% | 123,457 | $9.0M | No change |
| GPK Graphic Packaging Holding Co. | 0.61% | 321,576 | $8.4M | Add +3.3% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.61% | 93,662 | $8.4M | Add +6.3% |
| PGR Progressive Corp. | 0.57% | 38,237 | $7.9M | Add +2.9% |
| VZ Verizon Communications Inc. | 0.56% | 187,995 | $7.8M | Add +10.1% |
| AVGO Broadcom Inc. | 0.56% | 4,793 | $7.7M | Add +0.1% |
| ENB Enbridge Inc. | 0.55% | 214,043 | $7.6M | Add +13.9% |
| HTGC Hercules Capital Inc. | 0.55% | 370,206 | $7.6M | Add +7.3% |
| OKE Oneok Inc. | 0.53% | 89,722 | $7.3M | Add +8.3% |
| CSWC Capital Southwest Corp. | 0.53% | 280,392 | $7.3M | Add +9.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.53% | 42,109 | $7.3M | Add +12.2% |
| MAIN Main Street Capital Corp. | 0.52% | 143,601 | $7.3M | Add +7.5% |
| IJH iShares Core S&P Midcap ETF | 0.52% | 123,485 | $7.2M | No change |
| MPLX MPLX LP | 0.51% | 166,284 | $7.1M | Add +10.7% |
| MRK Merck & Co. Inc. | 0.51% | 57,167 | $7.1M | Add +4.8% |
| CSCO Cisco Systems Inc. | 0.51% | 147,129 | $7.0M | Add +13.5% |
| IJR iShares Core S&P Small-Cap E | 0.50% | 64,663 | $6.9M | Add +0.4% |
| NNN NNN REIT Inc. | 0.50% | 161,622 | $6.9M | Add +11.1% |
| ET Energy Transfer LP | 0.50% | 423,154 | $6.9M | Add +10.7% |
| T AT&T Inc. | 0.49% | 353,239 | $6.8M | Add +9.8% |
| OBDC Blue Owl Capital Corp. | 0.48% | 435,014 | $6.7M | Add +9.5% |
| ARCC Ares Capital Corp. | 0.48% | 318,510 | $6.6M | Add +11.7% |
| PG The Procter & Gamble Co. | 0.44% | 37,009 | $6.1M | Add +4.9% |
| CRH CRH PLC | 0.43% | 78,843 | $5.9M | Add +6.5% |
| MO Altria Group Inc. | 0.43% | 129,121 | $5.9M | Add +11.8% |
| DOC Healthpeak Properties Inc. | 0.42% | 295,820 | $5.8M | Add +11.8% |
| KO The Coca-Cola Co. | 0.42% | 90,259 | $5.7M | Add +5.8% |
| ABBV Abbvie Inc. | 0.40% | 32,379 | $5.6M | Add +8.2% |
| PEP Pepsico Inc. | 0.40% | 33,415 | $5.5M | Add +7.4% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.40% | 100,949 | $5.5M | Add +4.0% |
| IAGG iShares Intl Aggregate Bond | 0.39% | 108,508 | $5.4M | No change |
| KEX Kirby Corp. | 0.39% | 45,012 | $5.4M | New |
| AZO AutoZone Inc. | 0.39% | 1,797 | $5.3M | Add +5.7% |
| WES Western Midstream Partners L | 0.37% | 130,056 | $5.2M | Add +2.3% |
| HAS Hasbro Inc. | 0.37% | 88,272 | $5.2M | Add +9.8% |
| AAPL Apple Inc. | 0.37% | 24,422 | $5.1M | Add +2.0% |
| MSFT Microsoft Corp. | 0.37% | 11,388 | $5.1M | Reduce -0.7% |
| PPG PPG Industries Inc. | 0.36% | 39,708 | $5.0M | Add +6.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.36% | 174,141 | $5.0M | Add +19.2% |
| AMH American Homes 4 Rent- A | 0.36% | 133,782 | $5.0M | Add +4.5% |
| O Realty Income Corp. | 0.36% | 93,656 | $4.9M | Add +18.5% |
| DUK Duke Energy Corp. | 0.34% | 47,328 | $4.7M | Add +7.0% |
| MAS Masco Corp. | 0.34% | 71,062 | $4.7M | Add +7.2% |
| BWX SS SPDR BB Intl Treasury BD | 0.34% | 218,825 | $4.7M | No change |
| RBA RB Global Inc. | 0.33% | 59,641 | $4.6M | Reduce -32.5% |
| GILD Gilead Sciences Inc. | 0.33% | 65,748 | $4.5M | Add +18.1% |
| PAYX Paychex Inc. | 0.32% | 37,822 | $4.5M | Add +9.3% |
| ED Consolidated Edison Inc. | 0.32% | 49,499 | $4.4M | Add +8.3% |
| BERY Berry Global Group Inc. | 0.32% | 74,890 | $4.4M | Reduce -49.8% |
| VC Visteon Corp. | 0.31% | 40,084 | $4.3M | Add +5.4% |
| PFE Pfizer Inc. | 0.31% | 150,796 | $4.2M | Add +15.6% |
| GOOG Alphabet Inc. Class C | 0.30% | 22,495 | $4.1M | Add +0.6% |
| MSM MSC Industrial Direct Co. Class A | 0.28% | 49,085 | $3.9M | Add +11.1% |
| AMZN Amazon.com Inc. | 0.28% | 19,835 | $3.8M | Reduce -9.1% |
| PNFP Pinnacle Financial Partners | 0.27% | 46,399 | $3.7M | Add +5.2% |
| FDX FedEx Corp. | 0.25% | 11,486 | $3.4M | Reduce -47.0% |
| EDV Vanguard Extended Dur Treas | 0.24% | 45,339 | $3.3M | Add +6.8% |
| KNX Knight-Swift Transportation | 0.22% | 61,724 | $3.1M | Add +22.8% |
| FANG Diamondback Energy Inc. | 0.22% | 15,316 | $3.1M | New |
| LLY Eli Lilly & Co. | 0.22% | 3,338 | $3.0M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 7,044 | $2.9M | Add +1.6% |
| FLR Fluor Corp. | 0.19% | 60,990 | $2.7M | No change |
| GBIL Goldman Sachs Access Treasur | 0.17% | 23,280 | $2.3M | Add +2.2% |
| ADBE Adobe Inc. | 0.17% | 4,165 | $2.3M | Add +10.4% |
| EXP Eagle Materials Inc. | 0.15% | 9,802 | $2.1M | Reduce -8.2% |
| KLAC KLA Corp. | 0.15% | 2,543 | $2.1M | Add +3.2% |
| AEM Agnico Eagle Mines Ltd. | 0.15% | 30,666 | $2.0M | Reduce -4.6% |
| MA Mastercard Inc. Class A | 0.13% | 4,191 | $1.8M | Add +4.6% |
| HPQ HP Inc. | 0.13% | 52,011 | $1.8M | Add +6.9% |
| TRV The Travelers Cos Inc. | 0.13% | 8,931 | $1.8M | Add +5.3% |
| META Meta Platforms Inc. Class A | 0.13% | 3,558 | $1.8M | Add +3.6% |
| TFIN Triumph Financial Inc. | 0.13% | 21,907 | $1.8M | Add +6.7% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.13% | 47,930 | $1.8M | Add +6.4% |
| IWS iShares Russell Mid-Cap Valu | 0.13% | 14,531 | $1.8M | Add +30.3% |
| ABT Abbott Laboratories | 0.13% | 16,875 | $1.8M | Add +0.5% |
| VSS Vanguard Ftse All Wo X-US SC | 0.13% | 14,777 | $1.7M | Add +8.6% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 3,133 | $1.7M | Add +4.3% |
Options reported separately and not counted above: VIST puts ($5.9M).
Portfolio Sells Q1 2024 → Q2 2024
| BERY Berry Global Group Inc. | Reduce -49.8% | 0.32% | −0.37 |
| FDX FedEx Corp. | Reduce -47.0% | 0.25% | −0.23 |
| RBA RB Global Inc. | Reduce -32.5% | 0.33% | −0.18 |
| ABEQ Absolute Select Value ETF | Reduce -1.6% | 1.52% | −0.13 |
| WIRE Encore Wire Corp. | Sold out | 0.00% | −0.09 |
| USFR Wisdomtree Floating Rate Tre | Reduce -2.1% | 1.17% | −0.09 |
| IBTX Independent Bank Group Inc. | Sold out | 0.00% | −0.08 |
| BLBD Blue Bird Corp. | Sold out | 0.00% | −0.07 |
| EXP Eagle Materials Inc. | Reduce -8.2% | 0.15% | −0.07 |
| CVGW Calavo Growers Inc. | Sold out | 0.00% | −0.05 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.05 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.04 |
| DFAC Dimensional US Core Equity 2 | Sold out | 0.00% | −0.03 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.03 |
| NFLX Netflix Inc. | Reduce -32.2% | 0.08% | −0.03 |
| GL Globe Life Inc. | Sold out | 0.00% | −0.03 |
| SWK Stanley Black & Decker Inc. | Sold out | 0.00% | −0.03 |
| ROAD Construction Partners Inc. Class A | Sold out | 0.00% | −0.02 |
| AMZN Amazon.com Inc. | Reduce -9.1% | 0.28% | −0.02 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.02 |
| ACN Accenture PLC Class A | Reduce -11.6% | 0.05% | −0.02 |
| RUSHA Rush Enterprises Inc. Class A | Sold out | 0.00% | −0.02 |
| SBUX Starbucks Corp. | Reduce -0.3% | 0.06% | −0.01 |
| CMC Commercial Metals Co. | Reduce -3.3% | 0.07% | −0.01 |
| V Visa Inc. Class A | Reduce -0.7% | 0.08% | −0.01 |
| ITT Itt Inc. | Reduce -15.7% | 0.03% | −0.01 |
| CTVA Corteva Inc. | Reduce -0.4% | 0.06% | −0.01 |
| PHM Pultegroup Inc. | Reduce -7.7% | 0.03% | −0.01 |
| PHYS Sprott Physical Gold Trust | Reduce -9.6% | 0.05% | −0.01 |
| DD Dupont DE Nemours Inc. | Reduce -3.3% | 0.09% | −0.00 |
| HDV iShares Core High Dividend E | Reduce -0.4% | 0.04% | −0.00 |
| VFMO Vanguard US Momentum Factor | Reduce -1.2% | 0.04% | −0.00 |
| EHC Encompass Health Corp. | Reduce -3.3% | 0.04% | −0.00 |
| AEM Agnico Eagle Mines Ltd. | Reduce -4.6% | 0.15% | −0.00 |
| KMI Kinder Morgan Inc. | Reduce -4.5% | 0.02% | −0.00 |
| MSFT Microsoft Corp. | Reduce -0.7% | 0.37% | +0.00 |
| SKX Skechers USA Inc. Class A | Reduce -3.8% | 0.03% | +0.00 |
| VIST Vista Energy Sab DE CV | Reduce -2.3% | 0.83% | +0.02 |
| CLH Clean Harbors Inc. | Reduce -0.2% | 0.82% | +0.05 |
Portfolio Buys Q1 2024 → Q2 2024
| FLXR TCW Flexible Income ETF | New | 1.07% | +1.07 |
| KEX Kirby Corp. | New | 0.39% | +0.39 |
| VOO Vanguard S&P 500 ETF | Add +7.7% | 6.14% | +0.36 |
| IVV iShares Core S&P 500 ETF | Add +8.1% | 4.07% | +0.26 |
| FANG Diamondback Energy Inc. | New | 0.22% | +0.22 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +10.9% | 2.82% | +0.14 |
| VWO Vanguard Ftse Emerging Marke | Add +4.2% | 3.02% | +0.10 |
| AVGO Broadcom Inc. | Add +0.1% | 0.56% | +0.07 |
| IRM Iron Mountain Inc. | Add +6.3% | 0.61% | +0.07 |
| HTGC Hercules Capital Inc. | Add +7.3% | 0.55% | +0.06 |
| AAPL Apple Inc. | Add +2.0% | 0.37% | +0.06 |
| T AT&T Inc. | Add +9.8% | 0.49% | +0.06 |
| HALO Halozyme Therapeutics Inc. | Add +59.6% | 0.11% | +0.05 |
| BELFB Bel Fuse Inc. Class B | New | 0.05% | +0.05 |
| MAIN Main Street Capital Corp. | Add +7.5% | 0.52% | +0.04 |
| MO Altria Group Inc. | Add +11.8% | 0.43% | +0.04 |
| DOC Healthpeak Properties Inc. | Add +11.8% | 0.42% | +0.04 |
| CSWC Capital Southwest Corp. | Add +9.2% | 0.53% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 0.30% | +0.04 |
| ET Energy Transfer LP | Add +10.7% | 0.50% | +0.04 |
| MPLX MPLX LP | Add +10.7% | 0.51% | +0.04 |
| MTUS Metallus Inc. | New | 0.04% | +0.04 |
| MRTN Marten Transport Ltd. | New | 0.04% | +0.04 |
| ENB Enbridge Inc. | Add +13.9% | 0.55% | +0.03 |
| HRB H&R Block Inc. | Add +4.0% | 0.40% | +0.03 |
| SFIX Stitch Fix Inc. Class A | Add +41.8% | 0.06% | +0.03 |
| O Realty Income Corp. | Add +18.5% | 0.36% | +0.03 |
| MYE Myers Industries Inc. | New | 0.03% | +0.03 |
| WES Western Midstream Partners L | Add +2.3% | 0.37% | +0.03 |
| PFE Pfizer Inc. | Add +15.6% | 0.31% | +0.03 |
| OVV Ovintiv Inc. | New | 0.03% | +0.03 |
| VICI Vici Properties Inc. | Add +19.2% | 0.36% | +0.03 |
| ARCC Ares Capital Corp. | Add +11.7% | 0.48% | +0.03 |
| HAS Hasbro Inc. | Add +9.8% | 0.37% | +0.03 |
| MSCI MSCI Inc. | New | 0.03% | +0.03 |
| GBX Greenbrier Companies Inc. | Add +68.5% | 0.08% | +0.03 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +3.5% | 1.28% | +0.03 |
| SHOP Shopify Inc. Class A | Add +171.9% | 0.05% | +0.03 |
| MOH Molina Healthcare Inc. | New | 0.03% | +0.03 |
| LW Lamb Weston Holdings Inc. | New | 0.02% | +0.02 |
| NNN NNN REIT Inc. | Add +11.1% | 0.50% | +0.02 |
| OKE Oneok Inc. | Add +8.3% | 0.53% | +0.02 |
| ADBE Adobe Inc. | Add +10.4% | 0.17% | +0.02 |
| ITOT iShares Core S&P Total U.S. | New | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | Add +0.1% | 0.22% | +0.02 |
| KLAC KLA Corp. | Add +3.2% | 0.15% | +0.02 |
| HD Home Depot Inc. | New | 0.02% | +0.02 |
| IWS iShares Russell Mid-Cap Valu | Add +30.3% | 0.13% | +0.02 |
| CNP Centerpoint Energy Inc. | Add +111.9% | 0.04% | +0.02 |
| HPQ HP Inc. | Add +6.9% | 0.13% | +0.02 |
Options Activity Q1 2024 → Q2 2024
| VIST Vista Energy Sab DE CV | put | New | 130,000 | $5.9M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 289 | $2.1B | VOO, BOND, IVV, TOTL, SPYM |
| Q1 2026 | 267 | $1.9B | BOND, VOO, TOTL, IVV, GQGU |
| Q4 2025 | 319 | $1.9B | BOND, VOO, TOTL, IVV, SPYM |
| Q3 2025 | 330 | $1.8B | BOND, VOO, TOTL, IVV, SPYM |
| Q2 2025 | 318 | $1.7B | VEA, BOND, VOO, TOTL, IVV |
| Q1 2025 | 316 | $1.6B | BOND, VEA, TOTL, VOO, IVV |
| Q4 2024 | 319 | $1.5B | BOND, VEA, VOO, TOTL, IVV |
| Q3 2024 | 303 | $1.5B | BOND, VEA, TOTL, VOO, IVV |
| Q2 2024 | 298 | $1.4B | BOND, VEA, TOTL, VOO, IVV |
| Q1 2024 | 294 | $1.3B | BOND, VEA, TOTL, VOO, IVV |