Walker Asset Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 14, 2025), Walker Asset Management, LLC reported 138 stock positions worth $178.4 million. Its top holding was Jack Henry & Associates (JKHY) at 19.1% of the portfolio, followed by O'reilly Automotive (ORLY, 8.9%) and Walmart (WMT, 7.6%). Compared with Q2 2025, it opened 10 new positions, sold out of 14, added to 76 and reduced 27. The biggest buy was O'reilly Automotive (ORLY, shares +0%) and the biggest sale Jack Henry & Associates (JKHY, shares −0%).

Most Recent 13F
Q3 2026
Location
VERONA, MO
CIK
0001923053
Portfolio Value
$178.4M (Q3 2025)
SEC Filing
0001214659-25-014909 ↗ filed Oct 14, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $151.3M Q1 2024 Q2 2024: $148.5M Q2 2024 Q3 2024: $161.2M Q3 2024 Q4 2024: $162.6M Q4 2024 Q1 2025: $164.5M Q1 2025 Q2 2025: $173.3M Q2 2025 Q3 2025: $178.4M $178.4M Q3 2025 Q4 2025: $186.1M Q4 2025 Q1 2026: $184.9M Q1 2026 Q2 2026: $198.2M Q2 2026 Q3 2026: $197.3M Q3 2026

Holdings 138 stocks · $178.4M
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 19.07% 228,345 $34.0M Reduce -0.1%
ORLY O'reilly Automotive Inc. 8.90% 147,284 $15.9M Add +0.5%
WMT Walmart Inc. 7.59% 131,372 $13.5M Add +1.1%
MSFT Microsoft Corp. 3.52% 12,128 $6.3M Add +0.5%
NVDA Nvidia Corp. 3.51% 33,546 $6.3M Reduce -0.2%
AAPL Apple Inc. 3.26% 22,814 $5.8M Add +0.7%
TMFC Motley Fool 100 Index ETF 3.07% 77,525 $5.5M Add +8.5%
TSLA Tesla Inc. 2.80% 11,240 $5.0M Add +1.4%
RSPT Invesco S&P 500 Equal Weight 2.11% 84,512 $3.8M Add +1.3%
XLG Invesco S&P 500 Top 50 ETF 1.25% 38,617 $2.2M Add +5.9%
FPE FT-Preferred Secur & Inc. ETF 1.22% 119,235 $2.2M Reduce -7.0%
AMZN Amazon.com Inc. 1.09% 8,860 $1.9M Add +4.8%
SBUX Starbucks Corp. 1.08% 22,742 $1.9M Add +0.1%
XOM Exxon Mobil Corp. 1.01% 15,970 $1.8M Add +0.2%
CVX Chevron Corp. 0.97% 11,109 $1.7M Add +0.3%
PG The Procter & Gamble Co. 0.96% 11,135 $1.7M Reduce -0.1%
FVD First Trust Value Line DVD 0.94% 36,408 $1.7M Reduce -4.0%
EMLP First Trust North American E 0.92% 42,630 $1.6M Add +0.0%
RSPF Invesco S&P 500 Equal Weight 0.89% 20,400 $1.6M Add +9.4%
ORCL Oracle Corp. 0.87% 5,488 $1.5M Add +0.9%
SGOV iShares 0-3 Month Treasury B 0.86% 15,227 $1.5M Reduce -19.1%
FPEI First Trust Institutional PR 0.85% 78,721 $1.5M Reduce -4.3%
VOO Vanguard S&P 500 ETF 0.82% 2,379 $1.5M Add +11.6%
RSPN Invesco S&P 500 Equal Weight 0.77% 24,344 $1.4M Reduce -2.0%
T AT&T Inc. 0.75% 47,092 $1.3M Add +0.1%
HD Home Depot Inc. 0.74% 3,243 $1.3M Add +1.0%
RDVY First Trust Rising Dividend 0.74% 19,500 $1.3M Reduce -2.0%
BX Blackstone Inc. 0.72% 7,489 $1.3M Add +0.6%
RSPH Invesco S&P 500 Equal Weight 0.71% 43,339 $1.3M Add +5.0%
PM Philip Morris International 0.69% 7,536 $1.2M Add +0.2%
GE General Electric filed as GE AEROSPACE 0.68% 4,048 $1.2M Reduce -0.3%
RSPD Invesco S&P 500 Equal Weight 0.68% 21,061 $1.2M Add +4.9%
LNG Cheniere Energy Inc. 0.66% 5,033 $1.2M Add +6.6%
TSN Tyson Foods Inc. Class A 0.55% 18,104 $983K Reduce -3.8%
AVGO Broadcom Inc. 0.55% 2,968 $979K Add +0.2%
CSX CSX Corp. 0.52% 26,000 $923K Add +0.2%
RSPC Invesco S&P 500 Equal Weig C 0.51% 22,127 $912K Add +7.6%
LMT Lockheed Martin Corp. 0.50% 1,787 $892K Reduce -20.1%
MO Altria Group Inc. 0.47% 12,777 $844K Add +0.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.47% 1,262 $841K Add +8.1%
GLW Corning Inc. 0.45% 9,833 $807K No change
HYLS FT Tactical High Yield ETF 0.45% 18,947 $797K Add +1.6%
JPM JPMorgan Chase & Co. 0.44% 2,472 $780K Reduce -0.2%
FCUS Pinnacle Focused Opport ETF 0.41% 23,280 $740K No change
GOOGL Alphabet Inc. Class A 0.40% 2,970 $722K Add +0.5%
GS Goldman Sachs Group Inc. 0.37% 839 $668K Reduce -4.1%
GEV GE Vernova Inc. 0.37% 1,067 $656K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.37% 1,359 $652K No change
BBN BlackRock Taxable Muni BND 0.36% 39,121 $649K Reduce -11.3%
EPD Enterprise Products Partners 0.34% 19,352 $605K Add +1.7%
DUK Duke Energy Corp. 0.34% 4,850 $600K Add +0.8%
VZ Verizon Communications Inc. 0.34% 13,635 $599K Add +0.4%
JNJ Johnson & Johnson 0.33% 3,171 $588K Add +0.5%
FEGE First Eagle GL Equity ETF 0.33% 13,153 $582K New
PGF Invesco Financial Preferred 0.32% 38,670 $565K Reduce -3.7%
CSCO Cisco Systems Inc. 0.31% 8,199 $561K Add +0.4%
ABBV Abbvie Inc. 0.31% 2,412 $559K Add +0.8%
COST Costco Wholesale Corp. 0.31% 599 $554K Add +11.3%
AMLP Alerian MLP ETF 0.31% 11,716 $550K Reduce -0.4%
RSPG Invesco S&P 500 Equal Weight 0.30% 6,753 $538K Add +10.4%
LRCX Lam Research Corp. 0.29% 3,885 $520K Add +0.2%
GBAB Guggenheim Taxable Municipal 0.29% 32,958 $513K Reduce -7.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.29% 9,897 $511K Add +1.8%
RSPS Invesco S&P 500 Equal Weight 0.28% 17,384 $508K Add +7.8%
VIG Vanguard Dividend Apprec ETF 0.28% 2,341 $505K No change
GILD Gilead Sciences Inc. 0.28% 4,528 $503K Add +0.7%
LLY Eli Lilly & Co. 0.28% 657 $502K Reduce -1.2%
RSPU Invesco S&P 500 Equal Weight 0.28% 6,517 $500K Add +5.7%
AXP American Express Co. 0.28% 1,502 $499K Add +0.3%
CASY Casey's General Stores Inc. 0.28% 875 $495K No change
MU Micron Technology Inc. 0.28% 2,950 $494K Add +0.1%
CP Canadian Pacific Kansas City 0.26% 6,214 $463K No change
COF Capital One Financial Corp. 0.25% 2,118 $450K Add +0.2%
ATO Atmos Energy Corp. 0.25% 2,590 $442K Add +0.5%
O Realty Income Corp. 0.25% 7,205 $438K Add +1.2%
VOOG Vanguard S&P 500 Growth ETF 0.24% 990 $431K No change
COP Conocophillips 0.24% 4,547 $430K Add +0.4%
SHLD Global X Defense Tech ETF 0.24% 6,020 $423K New
WFC Wells Fargo & Co. 0.24% 5,031 $422K Add +0.5%
VOOV Vanguard S&P 500 Value ETF 0.23% 2,093 $417K No change
NSC Norfolk Southern Corp. 0.23% 1,384 $416K Add +0.1%
AMAT Applied Materials Inc. 0.23% 2,013 $412K Add +0.3%
AMGN Amgen Inc. 0.23% 1,426 $402K Reduce -0.4%
OKE Oneok Inc. 0.22% 5,323 $388K Add +1.0%
KO The Coca-Cola Co. 0.21% 5,675 $376K Add +0.3%
D Dominion Energy Inc. 0.21% 6,142 $376K Add +1.1%
BMY Bristol-Myers Squibb Co. 0.21% 8,288 $374K Add +1.2%
VTI VG Morningstar TS MKT ETF-US 0.21% 1,138 $373K No change
BN Brookfield Corp. 0.21% 5,435 $373K No change
GLD SPDR Gold Shares 0.21% 1,045 $371K No change
BRK.B Berkshire Hathaway Inc. Class B 0.21% 732 $368K Add +15.8%
KLAC KLA Corp. 0.20% 339 $366K Add +0.3%
QCOM Qualcomm Inc. 0.20% 2,191 $365K No change
PSX Phillips 66 0.20% 2,641 $359K Reduce -0.8%
NEE Nextera Energy Inc. 0.20% 4,745 $358K Reduce -1.4%
META Meta Platforms Inc. Class A 0.20% 483 $355K No change
PFE Pfizer Inc. 0.20% 13,815 $352K Reduce -4.1%
WMB Williams Cos Inc. 0.19% 5,482 $347K Add +0.8%
EVRG Evergy Inc. 0.19% 4,500 $342K Add +0.7%
FIX Comfort Systems USA Inc. 0.19% 410 $338K No change
NVG Nuveen Amt-FR Muni CRDT 0.19% 27,225 $335K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 1,180 $333K Add +0.2%
MCD McDonald's Corp. 0.18% 1,064 $323K Add +0.2%
PEP Pepsico Inc. 0.18% 2,301 $323K Add +4.6%
RTX RTX Corp. 0.18% 1,918 $321K Add +0.4%
RSPM Invesco S&P 500 Equal Weight 0.17% 9,305 $305K Add +7.7%
RIO Rio Tinto PLC-Spon ADR 0.17% 4,596 $303K Add +2.3%
RSPR Invesco S&P 500 Equal Weight 0.17% 8,393 $298K Add +4.3%
DPZ Domino's Pizza Inc. 0.16% 660 $285K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.16% 8,483 $277K Add +1.3%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.15% 2,645 $270K Add +0.8%
AMP Ameriprise Financial Inc. 0.15% 547 $269K Add +0.4%
USB US Bancorp 0.15% 5,475 $265K Reduce -0.6%
ET Energy Transfer LP 0.14% 14,551 $250K Add +6.0%
FDX FedEx Corp. 0.14% 1,051 $248K No change
PH Parker Hannifin Corp. 0.14% 322 $244K Add +0.3%
MRK Merck & Co. Inc. 0.13% 2,835 $238K Reduce -2.5%
STWD Starwood Property Trust Inc. 0.13% 12,256 $237K Add +2.3%
C Citigroup Inc. 0.13% 2,330 $237K New
COKE Coca-Cola Consolidated Inc. 0.13% 2,000 $234K No change
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.13% 2,650 $234K No change
TRV The Travelers Cos Inc. 0.13% 812 $227K No change
AMD Advanced Micro Devices 0.13% 1,380 $223K New
DLR Digital Realty Trust Inc. 0.12% 1,289 $223K Add +0.8%
KMI Kinder Morgan Inc. 0.12% 7,788 $220K Add +1.1%
XEL Xcel Energy Inc. 0.12% 2,712 $219K New
CAT Caterpillar Inc. 0.12% 456 $217K New
BA The Boeing Co. 0.12% 1,002 $216K No change
JBHT Hunt (jb) Transprt SVCS Inc. 0.12% 1,593 $214K Reduce -0.3%
UNH Unitedhealth Group Inc. 0.12% 602 $208K New
CMS CMS Energy Corp. 0.11% 2,774 $203K New
AFL Aflac Inc. 0.11% 1,808 $202K Reduce -30.5%
ZION Zions Bancorp NA 0.11% 3,561 $202K New
JCI Johnson Controls Internation 0.11% 1,829 $201K New
F Ford Motor Co. filed as FORD MTR CO 0.11% 15,910 $190K Add +0.0%
MUA BlackRock Muniassets Fund 0.10% 16,352 $182K No change
XNOMX Nuveen Mo QLTY Muni Inc. 0.08% 12,375 $136K No change
BTG B2GOLD Corp. 0.03% 11,200 $55K No change

Portfolio Sells Q2 2025 → Q3 2025
JKHY Jack Henry & Associates Inc. Reduce -0.1% 19.07% −4.69
SGOV iShares 0-3 Month Treasury B Reduce -19.1% 0.86% −0.23
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −0.19
TIP iShares Tips Bond ETF Sold out 0.00% −0.17
SCHP Schwab U.S. Tips ETF Sold out 0.00% −0.16
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.15
BIV Vanguard Intermediate-Term B Sold out 0.00% −0.15
IAU iShares Gold Trust Sold out 0.00% −0.14
IEF iShares 7-10 Year Treasury B Sold out 0.00% −0.14
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.13
BLV Vanguard Long-Term Bond ETF Sold out 0.00% −0.13
FPA First Trust Asia Pac Ex-Japn Sold out 0.00% −0.13
MELI MercadoLibre Inc. Sold out 0.00% −0.13
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.12
FEP First Trust Europe Sold out 0.00% −0.12
FPE FT-Preferred Secur & Inc. ETF Reduce -7.0% 1.22% −0.10
LMT Lockheed Martin Corp. Reduce -20.1% 0.50% −0.10
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.07
PG The Procter & Gamble Co. Reduce -0.1% 0.96% −0.07
TSN Tyson Foods Inc. Class A Reduce -3.8% 0.55% −0.06
FPEI First Trust Institutional PR Reduce -4.3% 0.85% −0.05
BBN BlackRock Taxable Muni BND Reduce -11.3% 0.36% −0.05
AFL Aflac Inc. Reduce -30.5% 0.11% −0.04
FVD First Trust Value Line DVD Reduce -4.0% 0.94% −0.03
AMLP Alerian MLP ETF Reduce -0.4% 0.31% −0.02
GBAB Guggenheim Taxable Municipal Reduce -7.3% 0.29% −0.02
LLY Eli Lilly & Co. Reduce -1.2% 0.28% −0.02
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -0.3% 0.12% −0.01
PGF Invesco Financial Preferred Reduce -3.7% 0.32% −0.01
AMGN Amgen Inc. Reduce -0.4% 0.23% −0.01
PFE Pfizer Inc. Reduce -4.1% 0.20% −0.00
RSPN Invesco S&P 500 Equal Weight Reduce -2.0% 0.77% −0.00
MRK Merck & Co. Inc. Reduce -2.5% 0.13% +0.00
USB US Bancorp Reduce -0.6% 0.15% +0.00
NEE Nextera Energy Inc. Reduce -1.4% 0.20% +0.01
RDVY First Trust Rising Dividend Reduce -2.0% 0.74% +0.01
GS Goldman Sachs Group Inc. Reduce -4.1% 0.37% +0.02
PSX Phillips 66 Reduce -0.8% 0.20% +0.02
JPM JPMorgan Chase & Co. Reduce -0.2% 0.44% +0.02
GE General Electric Reduce -0.3% 0.68% +0.08
NVDA Nvidia Corp. Reduce -0.2% 3.51% +0.44

Portfolio Buys Q2 2025 → Q3 2025
ORLY O'reilly Automotive Inc. Add +0.5% 8.90% +1.28
TSLA Tesla Inc. Add +1.4% 2.80% +0.77
AAPL Apple Inc. Add +0.7% 3.26% +0.57
TMFC Motley Fool 100 Index ETF Add +8.5% 3.07% +0.41
FEGE First Eagle GL Equity ETF New 0.33% +0.33
WMT Walmart Inc. Add +1.1% 7.59% +0.26
SHLD Global X Defense Tech ETF New 0.24% +0.24
ORCL Oracle Corp. Add +0.9% 0.87% +0.18
XLG Invesco S&P 500 Top 50 ETF Add +5.9% 1.25% +0.15
RSPT Invesco S&P 500 Equal Weight Add +1.3% 2.11% +0.15
C Citigroup Inc. New 0.13% +0.13
AMD Advanced Micro Devices New 0.13% +0.13
XEL Xcel Energy Inc. New 0.12% +0.12
CAT Caterpillar Inc. New 0.12% +0.12
VOO Vanguard S&P 500 ETF Add +11.6% 0.82% +0.12
UNH Unitedhealth Group Inc. New 0.12% +0.12
CMS CMS Energy Corp. New 0.11% +0.11
ZION Zions Bancorp NA New 0.11% +0.11
JCI Johnson Controls Internation New 0.11% +0.11
GOOGL Alphabet Inc. Class A Add +0.5% 0.40% +0.10
AVGO Broadcom Inc. Add +0.2% 0.55% +0.08
BX Blackstone Inc. Add +0.6% 0.72% +0.07
LRCX Lam Research Corp. Add +0.2% 0.29% +0.07
RSPF Invesco S&P 500 Equal Weight Add +9.4% 0.89% +0.07
MU Micron Technology Inc. Add +0.1% 0.28% +0.07
RSPD Invesco S&P 500 Equal Weight Add +4.9% 0.68% +0.06
MSFT Microsoft Corp. Add +0.5% 3.52% +0.06
RSPC Invesco S&P 500 Equal Weig C Add +7.6% 0.51% +0.06
HD Home Depot Inc. Add +1.0% 0.74% +0.06
ABBV Abbvie Inc. Add +0.8% 0.31% +0.06
SPY SS SPDR S&P 500 ETF Trust-US Add +8.1% 0.47% +0.06
CVX Chevron Corp. Add +0.3% 0.97% +0.05
JNJ Johnson & Johnson Add +0.5% 0.33% +0.05
MO Altria Group Inc. Add +0.8% 0.47% +0.04
RSPG Invesco S&P 500 Equal Weight Add +10.4% 0.30% +0.04
KLAC KLA Corp. Add +0.3% 0.20% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +15.8% 0.21% +0.03
NSC Norfolk Southern Corp. Add +0.1% 0.23% +0.03
CSX CSX Corp. Add +0.2% 0.52% +0.03
RSPU Invesco S&P 500 Equal Weight Add +5.7% 0.28% +0.03
BAC Bank of America Corp. Add +1.8% 0.29% +0.02
AMZN Amazon.com Inc. Add +4.8% 1.09% +0.02
AMAT Applied Materials Inc. Add +0.3% 0.23% +0.02
RSPH Invesco S&P 500 Equal Weight Add +5.0% 0.71% +0.02
RTX RTX Corp. Add +0.4% 0.18% +0.02
RIO Rio Tinto PLC-Spon ADR Add +2.3% 0.17% +0.02
ATO Atmos Energy Corp. Add +0.5% 0.25% +0.02
XOM Exxon Mobil Corp. Add +0.2% 1.01% +0.02
EVRG Evergy Inc. Add +0.7% 0.19% +0.01
PEP Pepsico Inc. Add +4.6% 0.18% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2026 149$197.3MJKHY, WMT, ORLY, NVDA, AAPL
Q2 2026 152$198.2MJKHY, WMT, ORLY, NVDA, TMFC
Q1 2026 145$184.9MJKHY, WMT, ORLY, NVDA, AAPL
Q4 2025 140$186.1MJKHY, WMT, ORLY, NVDA, AAPL
Q3 2025 138$178.4MJKHY, ORLY, WMT, MSFT, NVDA
Q2 2025 142$173.3MJKHY, ORLY, WMT, MSFT, NVDA
Q1 2025 139$164.5MJKHY, ORLY, WMT, AAPL, MSFT
Q4 2024 134$162.6MJKHY, WMT, ORLY, AAPL, MSFT
Q3 2024 143$161.2MJKHY, ORLY, WMT, AAPL, MSFT
Q2 2024 135$148.5MJKHY, ORLY, WMT, MSFT, AAPL
Q1 2024 140$151.3MJKHY, ORLY, WMT, MSFT, AAPL