Tectonic Advisors LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 23, 2024), Tectonic Advisors LLC reported 303 stock positions worth $1.5 billion. Its top holding was PIMCO Active Bond Exchange-T (BOND) at 11.4% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 9.2%) and SS Doubleline TR Tact ETF (TOTL, 6.4%). Compared with Q2 2024, it opened 18 new positions, sold out of 13, added to 198 and reduced 72. The biggest buy was a new position in Ciena (CIEN) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- FRISCO, TX
- CIK
- 0001859918
- Portfolio Value
- $1.5B (Q3 2024)
- SEC Filing
- 0001085146-24-005077 ↗ filed Oct 23, 2024
Holdings Value
Holdings 303 stocks · $1.5B
| BOND PIMCO Active Bond Exchange-T | 11.36% | 1,828,250 | $173.0M | Add +1.2% |
| VEA Vanguard Ftse Developed ETF | 9.16% | 2,641,851 | $139.5M | Add +3.5% |
| TOTL SS Doubleline TR Tact ETF | 6.38% | 2,348,104 | $97.2M | Add +1.7% |
| VOO Vanguard S&P 500 ETF | 6.13% | 177,074 | $93.4M | Add +4.4% |
| IVV iShares Core S&P 500 ETF | 4.01% | 105,845 | $61.1M | Add +3.1% |
| VWO Vanguard Ftse Emerging Marke | 3.01% | 957,990 | $45.8M | Add +0.3% |
| BND Vanguard Total Bond Market | 2.65% | 536,573 | $40.3M | Add +6.3% |
| AGG iShares Core U.S. Aggregate | 2.18% | 327,815 | $33.2M | Add +7.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.12% | 351,993 | $32.3M | Reduce -17.2% |
| ABEQ Absolute Select Value ETF | 1.48% | 685,958 | $22.5M | Reduce -2.4% |
| FLXR TCW Flexible Income ETF | 1.20% | 457,336 | $18.2M | Add +17.6% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.19% | 68,422 | $18.1M | Add +5.1% |
| VNQ Vanguard Real Estate ETF | 1.08% | 169,277 | $16.5M | Reduce -2.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.08% | 243,362 | $16.4M | Reduce -12.2% |
| EPD Enterprise Products Partners | 1.03% | 541,213 | $15.8M | Add +7.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.98% | 62,683 | $14.9M | Add +5.4% |
| USRT iShares Core US REIT ETF | 0.79% | 194,617 | $12.0M | Add +4.1% |
| USFR Wisdomtree Floating Rate Tre | 0.78% | 236,309 | $11.9M | Reduce -26.4% |
| AMLP Alerian MLP ETF | 0.76% | 244,497 | $11.5M | Add +5.9% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.75% | 95,904 | $11.4M | Add +2.4% |
| VIST Vista Energy Sab DE CV | 0.73% | 252,976 | $11.2M | No change |
| MLPA Global X MLP ETF | 0.73% | 231,423 | $11.1M | Add +9.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.68% | 46,825 | $10.4M | Add +11.2% |
| LKQ LKQ Corp. | 0.67% | 257,057 | $10.3M | Add +16.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.66% | 128,857 | $10.1M | Add +4.4% |
| ENB Enbridge Inc. | 0.64% | 240,294 | $9.8M | Add +12.3% |
| PGR Progressive Corp. | 0.64% | 38,214 | $9.7M | Reduce -0.1% |
| VZ Verizon Communications Inc. | 0.61% | 205,847 | $9.2M | Add +9.5% |
| OKE Oneok Inc. | 0.60% | 100,157 | $9.1M | Add +11.6% |
| CSCO Cisco Systems Inc. | 0.60% | 171,137 | $9.1M | Add +16.3% |
| CLH Clean Harbors Inc. | 0.59% | 37,360 | $9.0M | Reduce -25.2% |
| NNN NNN REIT Inc. | 0.58% | 183,189 | $8.9M | Add +13.3% |
| AVGO Broadcom Inc. | 0.58% | 50,897 | $8.8M | Add +6.2% |
| T AT&T Inc. | 0.57% | 395,874 | $8.7M | Add +12.1% |
| HTGC Hercules Capital Inc. | 0.56% | 433,032 | $8.5M | Add +17.0% |
| MPLX MPLX LP | 0.55% | 189,370 | $8.4M | Add +13.9% |
| MAIN Main Street Capital Corp. | 0.55% | 167,065 | $8.4M | Add +16.3% |
| CRH CRH PLC | 0.55% | 89,852 | $8.3M | Add +14.0% |
| CSWC Capital Southwest Corp. | 0.55% | 328,834 | $8.3M | Add +17.3% |
| GPK Graphic Packaging Holding Co. | 0.53% | 273,525 | $8.1M | Reduce -14.9% |
| IJH iShares Core S&P Midcap ETF | 0.53% | 129,255 | $8.1M | Add +4.7% |
| ARCC Ares Capital Corp. | 0.53% | 383,034 | $8.0M | Add +20.3% |
| IJR iShares Core S&P Small-Cap E | 0.52% | 67,920 | $7.9M | Add +5.0% |
| ET Energy Transfer LP | 0.52% | 488,731 | $7.8M | Add +15.5% |
| OBDC Blue Owl Capital Corp. | 0.51% | 528,492 | $7.7M | Add +21.5% |
| DOC Healthpeak Properties Inc. | 0.50% | 332,310 | $7.6M | Add +12.3% |
| MO Altria Group Inc. | 0.49% | 147,306 | $7.5M | Add +14.1% |
| HAS Hasbro Inc. | 0.48% | 100,691 | $7.3M | Add +14.1% |
| MRK Merck & Co. Inc. | 0.48% | 63,984 | $7.3M | Add +11.9% |
| KO The Coca-Cola Co. | 0.47% | 99,953 | $7.2M | Add +10.7% |
| ABBV Abbvie Inc. | 0.47% | 36,325 | $7.2M | Add +12.2% |
| PG The Procter & Gamble Co. | 0.47% | 41,269 | $7.1M | Add +11.5% |
| KEX Kirby Corp. | 0.46% | 57,456 | $7.0M | Add +27.6% |
| MAS Masco Corp. | 0.46% | 83,045 | $7.0M | Add +16.9% |
| O Realty Income Corp. | 0.45% | 109,091 | $6.9M | Add +16.5% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.45% | 107,718 | $6.8M | Add +6.7% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.45% | 204,625 | $6.8M | Add +17.5% |
| AAPL Apple Inc. | 0.44% | 28,470 | $6.6M | Add +16.6% |
| AMH American Homes 4 Rent- A | 0.43% | 171,697 | $6.6M | Add +28.3% |
| PEP Pepsico Inc. | 0.43% | 38,463 | $6.5M | Add +15.1% |
| GILD Gilead Sciences Inc. | 0.42% | 75,706 | $6.3M | Add +15.2% |
| PPG PPG Industries Inc. | 0.41% | 46,983 | $6.2M | Add +18.3% |
| DUK Duke Energy Corp. | 0.41% | 53,850 | $6.2M | Add +13.8% |
| PAYX Paychex Inc. | 0.39% | 44,070 | $5.9M | Add +16.5% |
| ED Consolidated Edison Inc. | 0.39% | 56,651 | $5.9M | Add +14.4% |
| IAGG iShares Intl Aggregate Bond | 0.39% | 113,408 | $5.9M | Add +4.5% |
| AZO AutoZone Inc. | 0.38% | 1,860 | $5.9M | Add +3.5% |
| MSM MSC Industrial Direct Co. Class A | 0.35% | 62,343 | $5.4M | Add +27.0% |
| BWX SS SPDR BB Intl Treasury BD | 0.35% | 229,525 | $5.4M | Add +4.9% |
| PFE Pfizer Inc. | 0.34% | 181,116 | $5.2M | Add +20.1% |
| BERY Berry Global Group Inc. | 0.34% | 76,231 | $5.2M | Add +1.8% |
| WES Western Midstream Partners L | 0.33% | 133,148 | $5.1M | Add +2.4% |
| RBA RB Global Inc. | 0.32% | 59,700 | $4.8M | Add +0.1% |
| MSFT Microsoft Corp. | 0.30% | 10,668 | $4.6M | Reduce -6.3% |
| PNFP Pinnacle Financial Partners | 0.29% | 45,361 | $4.4M | Reduce -2.2% |
| FANG Diamondback Energy Inc. | 0.26% | 22,763 | $3.9M | Add +48.6% |
| EDV Vanguard Extended Dur Treas | 0.25% | 46,930 | $3.7M | Add +3.5% |
| CIEN Ciena Corp. | 0.23% | 57,842 | $3.6M | New |
| AMZN Amazon.com Inc. | 0.23% | 18,830 | $3.5M | Reduce -5.1% |
| GOOG Alphabet Inc. Class C | 0.23% | 20,525 | $3.4M | Reduce -8.8% |
| FDX FedEx Corp. | 0.22% | 12,262 | $3.4M | Add +6.8% |
| KNX Knight-Swift Transportation | 0.22% | 60,761 | $3.3M | Reduce -1.6% |
| ORCL Oracle Corp. | 0.21% | 18,486 | $3.2M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 6,725 | $3.1M | Reduce -4.5% |
| LLY Eli Lilly & Co. | 0.19% | 3,342 | $3.0M | Add +0.1% |
| FLR Fluor Corp. | 0.19% | 60,990 | $2.9M | No change |
| ADBE Adobe Inc. | 0.17% | 5,062 | $2.6M | Add +21.5% |
| GBIL Goldman Sachs Access Treasur | 0.16% | 24,813 | $2.5M | Add +6.6% |
| EXP Eagle Materials Inc. | 0.16% | 8,432 | $2.4M | Reduce -14.0% |
| SHOE Shoe Station Group Inc. filed as SHOE CARNIVAL INC | 0.14% | 48,986 | $2.1M | Add +2.2% |
| MA Mastercard Inc. Class A | 0.14% | 4,225 | $2.1M | Add +0.8% |
| IWS iShares Russell Mid-Cap Valu | 0.14% | 15,707 | $2.1M | Add +8.1% |
| TRV The Travelers Cos Inc. | 0.13% | 8,705 | $2.0M | Reduce -2.5% |
| VSS Vanguard Ftse All Wo X-US SC | 0.13% | 16,007 | $2.0M | Add +8.3% |
| HPQ HP Inc. | 0.13% | 55,699 | $2.0M | Add +7.1% |
| TMO Thermo Fisher Scientific Inc. | 0.13% | 3,135 | $1.9M | Add +0.1% |
| ABT Abbott Laboratories | 0.13% | 16,959 | $1.9M | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.12% | 3,263 | $1.9M | Reduce -8.3% |
| UL Unilever PLC | 0.12% | 28,305 | $1.8M | Reduce -9.8% |
| KLAC KLA Corp. | 0.12% | 2,367 | $1.8M | Reduce -6.9% |
Options reported separately and not counted above: VIST puts ($8.0M).
Portfolio Sells Q2 2024 → Q3 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -17.2% | 2.12% | −0.70 |
| USFR Wisdomtree Floating Rate Tre | Reduce -26.4% | 0.78% | −0.39 |
| VC Visteon Corp. | Sold out | 0.00% | −0.31 |
| CLH Clean Harbors Inc. | Reduce -25.2% | 0.59% | −0.22 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -12.2% | 1.08% | −0.20 |
| INTC Intel Corp. | Sold out | 0.00% | −0.09 |
| GPK Graphic Packaging Holding Co. | Reduce -14.9% | 0.53% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -8.8% | 0.23% | −0.07 |
| CALY Callaway Golf Company | Sold out | 0.00% | −0.07 |
| MSFT Microsoft Corp. | Reduce -6.3% | 0.30% | −0.07 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.06 |
| VYX NCR Voyix Corp. | Sold out | 0.00% | −0.05 |
| ABEQ Absolute Select Value ETF | Reduce -2.4% | 1.48% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -5.1% | 0.23% | −0.05 |
| GFF Griffon Corp. | Sold out | 0.00% | −0.04 |
| WBA Walgreens Boots Alliance Inc. | Sold out | 0.00% | −0.04 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.04 |
| MTUS Metallus Inc. | Sold out | 0.00% | −0.04 |
| ALG Alamo Group Inc. | Sold out | 0.00% | −0.04 |
| KE Kimball Electronics Inc. | Reduce -21.3% | 0.05% | −0.03 |
| KLAC KLA Corp. | Reduce -6.9% | 0.12% | −0.03 |
| MYE Myers Industries Inc. | Sold out | 0.00% | −0.03 |
| AEM Agnico Eagle Mines Ltd. | Reduce -26.8% | 0.12% | −0.03 |
| NKE Nike Inc. Class B | Reduce -59.2% | 0.02% | −0.03 |
| SFIX Stitch Fix Inc. Class A | Reduce -6.2% | 0.04% | −0.03 |
| HUBB Hubbell Inc. | Sold out | 0.00% | −0.03 |
| CNK Cinemark Holdings Inc. | Reduce -43.3% | 0.05% | −0.02 |
| TSEM Tower Semiconductor Ltd. | Reduce -26.6% | 0.07% | −0.02 |
| PUMP Propetro Holding Corp. | Reduce -9.5% | 0.06% | −0.02 |
| HTH Hilltop Holdings Inc. | Reduce -16.7% | 0.07% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.02 |
| MCK McKesson Corp. | Reduce -11.1% | 0.04% | −0.02 |
| DD Dupont DE Nemours Inc. | Reduce -20.3% | 0.07% | −0.02 |
| VLO Valero Energy Corp. | Reduce -16.2% | 0.03% | −0.02 |
| BAC Bank of America Corp. | Reduce -11.1% | 0.06% | −0.02 |
| HALO Halozyme Therapeutics Inc. | Reduce -12.7% | 0.10% | −0.01 |
| CCI Crown Castle Inc. | Reduce -43.1% | 0.02% | −0.01 |
| CVX Chevron Corp. | Reduce -3.3% | 0.07% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -11.8% | 0.07% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -9.2% | 0.05% | −0.01 |
| COP Conocophillips | Reduce -4.7% | 0.04% | −0.01 |
| CTVA Corteva Inc. | Reduce -12.7% | 0.05% | −0.01 |
| EOG EOG Resources Inc. | Reduce -0.6% | 0.06% | −0.01 |
| KNX Knight-Swift Transportation | Reduce -1.6% | 0.22% | −0.01 |
| L Loews Corp. | Reduce -2.6% | 0.10% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -8.3% | 0.12% | −0.01 |
| EQC Equity Commonwealth | Reduce -4.7% | 0.06% | −0.01 |
| VFMO Vanguard US Momentum Factor | Reduce -14.5% | 0.03% | −0.01 |
| SYK Stryker Corp. | Reduce -7.0% | 0.05% | −0.01 |
| WAB Wabtec Corp. | Reduce -12.4% | 0.07% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| CIEN Ciena Corp. | New | 0.23% | +0.23 |
| ORCL Oracle Corp. | New | 0.21% | +0.21 |
| IBM Intl Business Machines Corp. | Add +11.2% | 0.68% | +0.15 |
| IRM Iron Mountain Inc. | Add +2.4% | 0.75% | +0.14 |
| FLXR TCW Flexible Income ETF | Add +17.6% | 1.20% | +0.12 |
| CRH CRH PLC | Add +14.0% | 0.55% | +0.12 |
| MAS Masco Corp. | Add +16.9% | 0.46% | +0.11 |
| HAS Hasbro Inc. | Add +14.1% | 0.48% | +0.10 |
| O Realty Income Corp. | Add +16.5% | 0.45% | +0.10 |
| CSCO Cisco Systems Inc. | Add +16.3% | 0.60% | +0.09 |
| GILD Gilead Sciences Inc. | Add +15.2% | 0.42% | +0.09 |
| ENB Enbridge Inc. | Add +12.3% | 0.64% | +0.09 |
| VICI Vici Properties Inc. | Add +17.5% | 0.45% | +0.09 |
| NNN NNN REIT Inc. | Add +13.3% | 0.58% | +0.08 |
| T AT&T Inc. | Add +12.1% | 0.57% | +0.08 |
| TDW Tidewater Inc. | New | 0.08% | +0.08 |
| DOC Healthpeak Properties Inc. | Add +12.3% | 0.50% | +0.08 |
| AMH American Homes 4 Rent- A | Add +28.3% | 0.43% | +0.07 |
| KEX Kirby Corp. | Add +27.6% | 0.46% | +0.07 |
| MSM MSC Industrial Direct Co. Class A | Add +27.0% | 0.35% | +0.07 |
| OKE Oneok Inc. | Add +11.6% | 0.60% | +0.07 |
| ABBV Abbvie Inc. | Add +12.2% | 0.47% | +0.07 |
| MO Altria Group Inc. | Add +14.1% | 0.49% | +0.07 |
| ED Consolidated Edison Inc. | Add +14.4% | 0.39% | +0.07 |
| DUK Duke Energy Corp. | Add +13.8% | 0.41% | +0.06 |
| PAYX Paychex Inc. | Add +16.5% | 0.39% | +0.06 |
| AAPL Apple Inc. | Add +16.6% | 0.44% | +0.06 |
| USRT iShares Core US REIT ETF | Add +4.1% | 0.79% | +0.06 |
| SNBRQ Sleep Number Corp. | Add +77.6% | 0.09% | +0.06 |
| KDP Keurig Dr Pepper Inc. | New | 0.06% | +0.06 |
| KO The Coca-Cola Co. | Add +10.7% | 0.47% | +0.06 |
| BLBD Blue Bird Corp. | New | 0.05% | +0.05 |
| HRB H&R Block Inc. | Add +6.7% | 0.45% | +0.05 |
| PPG PPG Industries Inc. | Add +18.3% | 0.41% | +0.05 |
| KRNT Kornit Digital Ltd. | New | 0.05% | +0.05 |
| ARCC Ares Capital Corp. | Add +20.3% | 0.53% | +0.05 |
| VZ Verizon Communications Inc. | Add +9.5% | 0.61% | +0.05 |
| BELFB Bel Fuse Inc. Class B | Add +80.7% | 0.09% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +5.1% | 1.19% | +0.04 |
| SHW The Sherwin-Williams Co. | New | 0.04% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +7.8% | 2.18% | +0.04 |
| MPLX MPLX LP | Add +13.9% | 0.55% | +0.04 |
| PFE Pfizer Inc. | Add +20.1% | 0.34% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +5.4% | 0.98% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +3.5% | 9.16% | +0.04 |
| FANG Diamondback Energy Inc. | Add +48.6% | 0.26% | +0.04 |
| DE Deere & Co. | New | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +15.1% | 0.43% | +0.03 |
| XEL Xcel Energy Inc. | New | 0.03% | +0.03 |
| THG Hanover Insurance Group Inc./ | New | 0.03% | +0.03 |
Options Activity Q2 2024 → Q3 2024
| VIST Vista Energy Sab DE CV | put | Add +38.5% | 180,000 | $8.0M |
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 |