Tectonic Advisors LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 23, 2025), Tectonic Advisors LLC reported 318 stock positions worth $1.7 billion. Its top holding was Vanguard Ftse Developed ETF (VEA) at 9.4% of the portfolio, followed by PIMCO Active Bond Exchange-T (BOND, 8.6%) and Vanguard S&P 500 ETF (VOO, 6.5%). Compared with Q1 2025, it opened 21 new positions, sold out of 19, added to 200 and reduced 87. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +6%) and the biggest sale PIMCO Active Bond Exchange-T (BOND, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- FRISCO, TX
- CIK
- 0001859918
- Portfolio Value
- $1.7B (Q2 2025)
- SEC Filing
- 0001085146-25-004073 ↗ filed Jul 23, 2025
Holdings Value
Holdings 318 stocks · $1.7B
| VEA Vanguard Ftse Developed ETF | 9.44% | 2,848,681 | $162.4M | Add +0.6% |
| BOND PIMCO Active Bond Exchange-T | 8.55% | 1,595,626 | $147.1M | Reduce -1.8% |
| VOO Vanguard S&P 500 ETF | 6.52% | 197,399 | $112.1M | Add +5.7% |
| TOTL SS Doubleline TR Tact ETF | 5.65% | 2,424,193 | $97.2M | Reduce -1.6% |
| IVV iShares Core S&P 500 ETF | 4.41% | 122,196 | $75.9M | Add +8.3% |
| VWO Vanguard Ftse Emerging Marke | 3.00% | 1,044,305 | $51.7M | Add +1.8% |
| BND Vanguard Total Bond Market | 2.47% | 577,150 | $42.5M | Add +0.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.10% | 393,418 | $36.1M | Reduce -8.9% |
| AGG iShares Core U.S. Aggregate | 2.02% | 350,499 | $34.8M | Add +1.4% |
| ABEQ Absolute Select Value ETF | 1.30% | 653,071 | $22.4M | Reduce -0.9% |
| FLXR TCW Flexible Income ETF | 1.30% | 564,993 | $22.3M | Add +8.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.22% | 75,239 | $21.1M | Add +4.4% |
| EPD Enterprise Products Partners | 1.11% | 617,100 | $19.1M | Add +5.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.07% | 253,015 | $18.4M | Add +3.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.98% | 71,372 | $16.9M | Add +6.0% |
| VNQ Vanguard Real Estate ETF | 0.92% | 178,289 | $15.9M | Add +1.8% |
| AVGO Broadcom Inc. | 0.85% | 53,149 | $14.7M | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.85% | 49,585 | $14.6M | Add +0.5% |
| USFR Wisdomtree Floating Rate Tre | 0.83% | 282,984 | $14.2M | Add +14.2% |
| AMLP Alerian MLP ETF | 0.81% | 284,113 | $13.9M | Add +8.9% |
| MLPA Global X MLP ETF | 0.79% | 272,364 | $13.7M | Add +9.2% |
| ENB Enbridge Inc. | 0.78% | 296,831 | $13.5M | Add +6.7% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.77% | 128,376 | $13.2M | Add +10.7% |
| T AT&T Inc. | 0.75% | 446,398 | $12.9M | Add +5.0% |
| CSCO Cisco Systems Inc. | 0.75% | 184,898 | $12.8M | Add +4.2% |
| MAIN Main Street Capital Corp. | 0.74% | 215,481 | $12.7M | Add +11.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.71% | 147,136 | $12.3M | Add +6.8% |
| NNN NNN REIT Inc. | 0.69% | 273,137 | $11.8M | Add +13.3% |
| ARCC Ares Capital Corp. | 0.68% | 535,155 | $11.8M | Add +14.4% |
| MPLX MPLX LP | 0.67% | 224,763 | $11.6M | Add +6.2% |
| KEX Kirby Corp. | 0.67% | 101,499 | $11.5M | Add +19.1% |
| CSWC Capital Southwest Corp. | 0.67% | 521,686 | $11.5M | Add +18.4% |
| HTGC Hercules Capital Inc. | 0.66% | 621,562 | $11.4M | Add +16.9% |
| VZ Verizon Communications Inc. | 0.65% | 257,976 | $11.2M | Add +8.0% |
| ET Energy Transfer LP | 0.64% | 610,502 | $11.1M | Add +10.9% |
| USRT iShares Core US REIT ETF | 0.64% | 195,306 | $11.0M | Add +0.1% |
| MO Altria Group Inc. | 0.64% | 188,407 | $11.0M | Add +8.0% |
| OBDC Blue Owl Capital Corp. | 0.64% | 767,005 | $11.0M | Add +14.5% |
| OKE Oneok Inc. | 0.64% | 133,818 | $10.9M | Add +19.4% |
| VIST Vista Energy Sab DE CV | 0.63% | 225,976 | $10.8M | Reduce -3.4% |
| HAS Hasbro Inc. | 0.62% | 143,593 | $10.6M | Add +10.9% |
| IAGG iShares Intl Aggregate Bond | 0.62% | 207,308 | $10.6M | Add +26.9% |
| BWX SS SPDR BB Intl Treasury BD | 0.60% | 442,925 | $10.4M | Add +29.1% |
| GILD Gilead Sciences Inc. | 0.57% | 88,326 | $9.8M | Add +8.0% |
| CLH Clean Harbors Inc. | 0.56% | 41,921 | $9.7M | Add +8.3% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.55% | 291,795 | $9.5M | Add +12.1% |
| KO The Coca-Cola Co. | 0.55% | 133,082 | $9.4M | Add +8.5% |
| ABBV Abbvie Inc. | 0.54% | 50,066 | $9.3M | Add +12.8% |
| O Realty Income Corp. | 0.54% | 160,945 | $9.3M | Add +13.8% |
| IJH iShares Core S&P Midcap ETF | 0.54% | 148,566 | $9.2M | Add +7.4% |
| LKQ LKQ Corp. | 0.52% | 242,697 | $9.0M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.52% | 56,059 | $8.9M | Add +11.3% |
| CRH CRH PLC | 0.51% | 95,356 | $8.8M | Reduce -0.2% |
| DUK Duke Energy Corp. | 0.50% | 72,923 | $8.6M | Add +10.9% |
| DOC Healthpeak Properties Inc. | 0.50% | 491,408 | $8.6M | Add +21.3% |
| IJR iShares Core S&P Small-Cap E | 0.49% | 77,321 | $8.5M | Add +7.0% |
| CIEN Ciena Corp. | 0.49% | 103,319 | $8.4M | Add +12.9% |
| PAYX Paychex Inc. | 0.49% | 57,517 | $8.4M | Add +10.2% |
| AZO AutoZone Inc. | 0.48% | 2,215 | $8.2M | Add +8.0% |
| SGI Somnigroup International Inc. | 0.48% | 120,485 | $8.2M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.47% | 101,656 | $8.0M | Add +26.2% |
| ED Consolidated Edison Inc. | 0.47% | 79,883 | $8.0M | Add +9.2% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 0.46% | 144,047 | $7.9M | Add +8.7% |
| PEP Pepsico Inc. | 0.46% | 59,770 | $7.9M | Add +18.8% |
| MSM MSC Industrial Direct Co. Class A | 0.46% | 92,344 | $7.9M | Add +13.8% |
| PNFP Pinnacle Financial Partners | 0.43% | 66,691 | $7.4M | Add +0.6% |
| PFE Pfizer Inc. | 0.42% | 298,687 | $7.2M | Add +22.1% |
| MSFT Microsoft Corp. | 0.35% | 12,002 | $6.0M | Reduce -7.7% |
| MAS Masco Corp. | 0.33% | 87,130 | $5.6M | Add +2.5% |
| WES Western Midstream Partners L | 0.32% | 142,430 | $5.5M | Add +2.3% |
| RBA RB Global Inc. | 0.31% | 50,297 | $5.3M | Reduce -29.0% |
| AAPL Apple Inc. | 0.31% | 25,610 | $5.3M | Reduce -17.5% |
| AMCR Amcor PLC | 0.30% | 558,157 | $5.1M | New |
| PGR Progressive Corp. | 0.28% | 18,031 | $4.8M | Reduce -30.2% |
| ORCL Oracle Corp. | 0.26% | 20,729 | $4.5M | Reduce -2.7% |
| GPK Graphic Packaging Holding Co. | 0.26% | 213,422 | $4.5M | Add +3.5% |
| FANG Diamondback Energy Inc. | 0.25% | 31,606 | $4.3M | Add +4.6% |
| EDV Vanguard Extended Dur Treas | 0.23% | 60,026 | $4.0M | Add +8.7% |
| HQY Healthequity Inc. | 0.21% | 34,553 | $3.6M | New |
| GOOG Alphabet Inc. Class C | 0.19% | 18,323 | $3.3M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.19% | 4,092 | $3.2M | Add +0.5% |
| FLR Fluor Corp. | 0.18% | 60,990 | $3.1M | No change |
| AMZN Amazon.com Inc. | 0.17% | 13,276 | $2.9M | Reduce -23.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 5,901 | $2.9M | Reduce -10.3% |
| KNX Knight-Swift Transportation | 0.17% | 64,712 | $2.9M | Add +3.2% |
| ADBE Adobe Inc. | 0.16% | 7,222 | $2.8M | Add +7.8% |
| IWS iShares Russell Mid-Cap Valu | 0.16% | 20,701 | $2.7M | Add +13.8% |
| TCBI Texas Capital Bancshares Inc. | 0.15% | 32,668 | $2.6M | Add +0.9% |
| VSS Vanguard Ftse All Wo X-US SC | 0.15% | 18,657 | $2.5M | Add +2.0% |
| GPOR Gulfport Energy Corp. | 0.14% | 12,383 | $2.5M | Add +15.6% |
| KLAC KLA Corp. | 0.14% | 2,770 | $2.5M | Reduce -7.5% |
| AMAT Applied Materials Inc. | 0.14% | 13,406 | $2.5M | Add +5.9% |
| MA Mastercard Inc. Class A | 0.14% | 4,326 | $2.4M | Reduce -7.6% |
| META Meta Platforms Inc. Class A | 0.14% | 3,188 | $2.4M | Reduce -7.2% |
| ABT Abbott Laboratories | 0.13% | 16,957 | $2.3M | Reduce -1.2% |
| HOMB Home Bancshares Inc. | 0.13% | 80,240 | $2.3M | Reduce -1.8% |
| GBIL Goldman Sachs Access Treasur | 0.13% | 22,788 | $2.3M | Reduce -4.5% |
| TRV The Travelers Cos Inc. | 0.13% | 8,376 | $2.2M | Reduce -5.2% |
| ROP Roper Technologies Inc. | 0.12% | 3,693 | $2.1M | Reduce -8.2% |
| ASO Academy Sports & Outdoors Inc. | 0.12% | 45,002 | $2.0M | Add +2.7% |
Portfolio Sells Q1 2025 → Q2 2025
| BOND PIMCO Active Bond Exchange-T | Reduce -1.8% | 8.55% | −0.84 |
| TOTL SS Doubleline TR Tact ETF | Reduce -1.6% | 5.65% | −0.55 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -8.9% | 2.10% | −0.38 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.33 |
| PGR Progressive Corp. | Reduce -30.2% | 0.28% | −0.18 |
| RBA RB Global Inc. | Reduce -29.0% | 0.31% | −0.13 |
| AAPL Apple Inc. | Reduce -17.5% | 0.31% | −0.13 |
| THC Tenet Healthcare Corp. | Sold out | 0.00% | −0.12 |
| LKQ LKQ Corp. | Reduce -0.1% | 0.52% | −0.12 |
| ABEQ Absolute Select Value ETF | Reduce -0.9% | 1.30% | −0.10 |
| CHRD Chord Energy Corp. | Sold out | 0.00% | −0.06 |
| VIST Vista Energy Sab DE CV | Reduce -3.4% | 0.63% | −0.05 |
| ICHR Ichor Holdings Ltd. | Sold out | 0.00% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -10.3% | 0.17% | −0.05 |
| GBX Greenbrier Companies Inc. | Reduce -46.6% | 0.04% | −0.05 |
| HALO Halozyme Therapeutics Inc. | Reduce -17.2% | 0.08% | −0.05 |
| AMZN Amazon.com Inc. | Reduce -23.6% | 0.17% | −0.04 |
| AESI Atlas Energy Solutions Inc. | Sold out | 0.00% | −0.04 |
| BANC Banc of California Inc. | Reduce -22.7% | 0.08% | −0.03 |
| HTH Hilltop Holdings Inc. | Reduce -31.9% | 0.06% | −0.03 |
| PLAB Photronics Inc. | Sold out | 0.00% | −0.03 |
| IFF Intl Flavors & Fragrances | Reduce -45.8% | 0.03% | −0.03 |
| TMHC Taylor Morrison Home Corp. | Reduce -26.7% | 0.07% | −0.03 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.03 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.03 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.03 |
| ROP Roper Technologies Inc. | Reduce -8.2% | 0.12% | −0.03 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.02 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.02 |
| IQI Invesco Quality Muni Inc. TR | Sold out | 0.00% | −0.02 |
| MDT Medtronic PLC | Reduce -17.2% | 0.07% | −0.02 |
| BELFB Bel Fuse Inc. Class B | Reduce -42.2% | 0.05% | −0.02 |
| DRI Darden Restaurants Inc. | Reduce -18.7% | 0.08% | −0.02 |
| L Loews Corp. | Reduce -11.4% | 0.09% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -7.6% | 0.14% | −0.02 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -24.0% | 0.04% | −0.02 |
| GBIL Goldman Sachs Access Treasur | Reduce -4.5% | 0.13% | −0.02 |
| CRH CRH PLC | Reduce -0.2% | 0.51% | −0.02 |
| XMQTX BlackRock Muniyield QLTY II | Sold out | 0.00% | −0.02 |
| TRV The Travelers Cos Inc. | Reduce -5.2% | 0.13% | −0.02 |
| XNEAX Nuveen Amt-FR QLTY Muni Inc. | Reduce -15.4% | 0.05% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.01 |
| BLDR Builders Firstsource Inc. | Reduce -9.8% | 0.05% | −0.01 |
| MTW Manitowoc Company Inc. | Sold out | 0.00% | −0.01 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.01 |
| XEL Xcel Energy Inc. | Reduce -8.9% | 0.05% | −0.01 |
| EOG EOG Resources Inc. | Reduce -9.4% | 0.04% | −0.01 |
| HOMB Home Bancshares Inc. | Reduce -1.8% | 0.13% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Add +5.7% | 6.52% | +0.52 |
| IVV iShares Core S&P 500 ETF | Add +8.3% | 4.41% | +0.45 |
| VEA Vanguard Ftse Developed ETF | Add +0.6% | 9.44% | +0.44 |
| AMCR Amcor PLC | New | 0.30% | +0.30 |
| HQY Healthequity Inc. | New | 0.21% | +0.21 |
| CIEN Ciena Corp. | Add +12.9% | 0.49% | +0.14 |
| IRM Iron Mountain Inc. | Add +10.7% | 0.77% | +0.14 |
| BWX SS SPDR BB Intl Treasury BD | Add +29.1% | 0.60% | +0.14 |
| KEX Kirby Corp. | Add +19.1% | 0.67% | +0.13 |
| HAS Hasbro Inc. | Add +10.9% | 0.62% | +0.12 |
| IAGG iShares Intl Aggregate Bond | Add +26.9% | 0.62% | +0.11 |
| VWO Vanguard Ftse Emerging Marke | Add +1.8% | 3.00% | +0.10 |
| BC Brunswick Corp. | New | 0.10% | +0.10 |
| CLH Clean Harbors Inc. | Add +8.3% | 0.56% | +0.09 |
| IBM Intl Business Machines Corp. | Add +0.5% | 0.85% | +0.08 |
| PRIM Primoris Services Corp. | New | 0.08% | +0.08 |
| MXL Maxlinear Inc. | New | 0.07% | +0.07 |
| IEFA iShares Core MSCI Eafe ETF | Add +6.8% | 0.71% | +0.06 |
| MSM MSC Industrial Direct Co. Class A | Add +13.8% | 0.46% | +0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +3.3% | 1.07% | +0.06 |
| CSCO Cisco Systems Inc. | Add +4.2% | 0.75% | +0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.4% | 1.22% | +0.06 |
| MTDR Matador Resources Co. | New | 0.06% | +0.06 |
| MAIN Main Street Capital Corp. | Add +11.2% | 0.74% | +0.06 |
| CSWC Capital Southwest Corp. | Add +18.4% | 0.67% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +6.0% | 0.98% | +0.05 |
| HLMN Hillman Solutions Corp. | New | 0.05% | +0.05 |
| USFR Wisdomtree Floating Rate Tre | Add +14.2% | 0.83% | +0.05 |
| NNN NNN REIT Inc. | Add +13.3% | 0.69% | +0.04 |
| LOVE The Lovesac Co. | New | 0.04% | +0.04 |
| ARCC Ares Capital Corp. | Add +14.4% | 0.68% | +0.03 |
| GEO The Geo Group Inc. | New | 0.03% | +0.03 |
| PFE Pfizer Inc. | Add +22.1% | 0.42% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +7.4% | 0.54% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +25.0% | 0.11% | +0.03 |
| IDXX Idexx Laboratories Inc. | New | 0.03% | +0.03 |
| SYY Sysco Corp. | New | 0.03% | +0.03 |
| PWR Quanta Services Inc. | Add +12.1% | 0.08% | +0.03 |
| AMAT Applied Materials Inc. | Add +5.9% | 0.14% | +0.03 |
| O Realty Income Corp. | Add +13.8% | 0.54% | +0.03 |
| IXUS iShares Core Intl Stock ETF | New | 0.03% | +0.03 |
| OBDC Blue Owl Capital Corp. | Add +14.5% | 0.64% | +0.03 |
| EMN Eastman Chemical Co. | New | 0.03% | +0.03 |
| WCC Wesco International Inc. | New | 0.02% | +0.02 |
| AZZ Azz Inc. | Add +61.9% | 0.06% | +0.02 |
| VICI Vici Properties Inc. | Add +12.1% | 0.55% | +0.02 |
| DIS The Walt Disney Co. | Add +6.3% | 0.11% | +0.02 |
| HTGC Hercules Capital Inc. | Add +16.9% | 0.66% | +0.02 |
| GPOR Gulfport Energy Corp. | Add +15.6% | 0.14% | +0.02 |
| APD Air Products & Chemicals Inc. | New | 0.02% | +0.02 |
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 |