Walker Asset Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), Walker Asset Management, LLC reported 140 stock positions worth $186.1 million. Its top holding was Jack Henry & Associates (JKHY) at 22.4% of the portfolio, followed by Walmart (WMT, 7.8%) and O'reilly Automotive (ORLY, 7.2%). Compared with Q3 2025, it opened 6 new positions, sold out of 4, added to 66 and reduced 44. The biggest buy was Micron Technology (MU, shares +10%) and the biggest sale O'reilly Automotive (ORLY, shares −0%).

Most Recent 13F
Q2 2026
Location
SPRINGFIELD, MO
CIK
0001923053
Portfolio Value
$186.1M (Q4 2025)
SEC Filing
0001214659-26-000534 ↗ filed Jan 16, 2026

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 Q3 2025 Q4 2025: $186.1M $186.1M Q4 2025 Q1 2026: $184.9M Q1 2026 Q2 2026: $198.2M Q2 2026

Holdings 140 stocks · $186.1M
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 22.35% 227,923 $41.6M Reduce -0.2%
WMT Walmart Inc. 7.82% 130,630 $14.6M Reduce -0.6%
ORLY O'reilly Automotive Inc. 7.21% 147,126 $13.4M Reduce -0.1%
NVDA Nvidia Corp. 3.38% 33,711 $6.3M Add +0.5%
AAPL Apple Inc. 3.35% 22,960 $6.2M Add +0.6%
MSFT Microsoft Corp. 3.12% 11,990 $5.8M Reduce -1.1%
TMFC Motley Fool 100 Index ETF 3.01% 78,131 $5.6M Add +0.8%
TSLA Tesla Inc. 2.72% 11,235 $5.1M Reduce -0.0%
RSPT Invesco S&P 500 Equal Weight 2.03% 82,956 $3.8M Reduce -1.8%
XLG Invesco S&P 500 Top 50 ETF 1.22% 38,403 $2.3M Reduce -0.6%
FPE FT-Preferred Secur & Inc. ETF 1.15% 117,235 $2.1M Reduce -1.7%
AMZN Amazon.com Inc. 1.13% 9,141 $2.1M Add +3.2%
SBUX Starbucks Corp. 1.03% 22,756 $1.9M Add +0.1%
XOM Exxon Mobil Corp. 1.02% 15,769 $1.9M Reduce -1.3%
CVX Chevron Corp. 0.90% 10,940 $1.7M Reduce -1.5%
FVD First Trust Value Line DVD 0.88% 35,508 $1.6M Reduce -2.5%
EMLP First Trust North American E 0.87% 42,632 $1.6M Add +0.0%
RSPF Invesco S&P 500 Equal Weight 0.86% 20,421 $1.6M Add +0.1%
PG The Procter & Gamble Co. 0.85% 11,050 $1.6M Reduce -0.8%
SGOV iShares 0-3 Month Treasury B 0.84% 15,556 $1.6M Add +2.2%
VOO Vanguard S&P 500 ETF 0.81% 2,412 $1.5M Add +1.4%
FPEI First Trust Institutional PR 0.80% 76,562 $1.5M Reduce -2.7%
RSPH Invesco S&P 500 Equal Weight 0.74% 43,077 $1.4M Reduce -0.6%
RDVY First Trust Rising Dividend 0.73% 19,500 $1.4M No change
RSPN Invesco S&P 500 Equal Weight 0.72% 23,804 $1.3M Reduce -2.2%
GE General Electric filed as GE AEROSPACE 0.66% 3,974 $1.2M Reduce -1.8%
PM Philip Morris International 0.64% 7,458 $1.2M Reduce -1.0%
BX Blackstone Inc. 0.63% 7,657 $1.2M Add +2.2%
RSPD Invesco S&P 500 Equal Weight 0.63% 20,564 $1.2M Reduce -2.4%
T AT&T Inc. 0.63% 47,110 $1.2M Add +0.0%
HD Home Depot Inc. 0.59% 3,205 $1.1M Reduce -1.2%
ORCL Oracle Corp. 0.58% 5,574 $1.1M Add +1.6%
AVGO Broadcom Inc. 0.55% 2,974 $1.0M Add +0.2%
TSN Tyson Foods Inc. Class A 0.52% 16,354 $959K Reduce -9.7%
GOOGL Alphabet Inc. Class A 0.51% 3,037 $950K Add +2.3%
CSX CSX Corp. 0.51% 26,037 $944K Add +0.1%
MU Micron Technology Inc. 0.50% 3,241 $925K Add +9.9%
LNG Cheniere Energy Inc. 0.49% 4,733 $920K Reduce -6.0%
RSPC Invesco S&P 500 Equal Weig C 0.48% 22,315 $889K Add +0.8%
LMT Lockheed Martin Corp. 0.47% 1,816 $878K Add +1.6%
GLW Corning Inc. 0.46% 9,833 $861K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.46% 1,242 $847K Reduce -1.6%
HYLS FT Tactical High Yield ETF 0.43% 18,947 $793K No change
JPM JPMorgan Chase & Co. 0.42% 2,448 $789K Reduce -1.0%
GS Goldman Sachs Group Inc. 0.40% 843 $741K Add +0.5%
MO Altria Group Inc. 0.40% 12,769 $736K Reduce -0.1%
FCUS Pinnacle Focused Opport ETF 0.39% 23,280 $731K No change
LLY Eli Lilly & Co. 0.38% 658 $707K Add +0.1%
GEV GE Vernova Inc. 0.37% 1,049 $686K Reduce -1.7%
LRCX Lam Research Corp. 0.37% 3,992 $683K Add +2.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.36% 1,360 $663K Add +0.1%
FEGE First Eagle GL Equity ETF 0.35% 14,103 $649K Add +7.2%
JNJ Johnson & Johnson 0.34% 3,086 $639K Reduce -2.7%
EPD Enterprise Products Partners 0.34% 19,678 $631K Add +1.7%
CSCO Cisco Systems Inc. 0.33% 8,092 $623K Reduce -1.3%
BBN BlackRock Taxable Muni BND 0.32% 36,421 $594K Reduce -6.9%
DUK Duke Energy Corp. 0.31% 4,888 $573K Add +0.8%
GILD Gilead Sciences Inc. 0.30% 4,547 $558K Add +0.4%
AXP American Express Co. 0.30% 1,504 $557K Add +0.1%
ABBV Abbvie Inc. 0.30% 2,429 $555K Add +0.7%
RSPG Invesco S&P 500 Equal Weight 0.29% 6,834 $544K Add +1.2%
AMLP Alerian MLP ETF 0.28% 11,273 $530K Reduce -3.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.28% 9,619 $529K Reduce -2.8%
AMAT Applied Materials Inc. 0.28% 2,017 $518K Add +0.2%
PGF Invesco Financial Preferred 0.28% 36,420 $515K Reduce -5.8%
VIG Vanguard Dividend Apprec ETF 0.28% 2,342 $515K Add +0.0%
COF Capital One Financial Corp. 0.28% 2,123 $514K Add +0.2%
RSPS Invesco S&P 500 Equal Weight 0.27% 17,462 $507K Add +0.5%
CASY Casey's General Stores Inc. 0.26% 875 $484K No change
SHLD Global X Defense Tech ETF 0.25% 7,243 $469K Add +20.3%
GBAB Guggenheim Taxable Municipal 0.25% 31,208 $466K Reduce -5.3%
VOOG Vanguard S&P 500 Growth ETF 0.25% 1,047 $465K Add +5.8%
RSPU Invesco S&P 500 Equal Weight 0.25% 6,191 $463K Reduce -5.0%
CP Canadian Pacific Kansas City 0.25% 6,214 $458K No change
COST Costco Wholesale Corp. 0.25% 529 $456K Reduce -11.7%
WFC Wells Fargo & Co. 0.25% 4,894 $456K Reduce -2.7%
BMY Bristol-Myers Squibb Co. 0.24% 8,419 $454K Add +1.6%
GLD SPDR Gold Shares 0.24% 1,144 $453K Add +9.5%
AMGN Amgen Inc. 0.24% 1,376 $451K Reduce -3.5%
ATO Atmos Energy Corp. 0.23% 2,605 $437K Add +0.6%
VOOV Vanguard S&P 500 Value ETF 0.23% 2,093 $429K No change
KLAC KLA Corp. 0.22% 340 $413K Add +0.3%
O Realty Income Corp. 0.22% 7,292 $411K Add +1.2%
OKE Oneok Inc. 0.22% 5,482 $403K Add +3.0%
NSC Norfolk Southern Corp. 0.22% 1,387 $400K Add +0.2%
KO The Coca-Cola Co. 0.21% 5,710 $399K Add +0.6%
NEE Nextera Energy Inc. 0.21% 4,903 $394K Add +3.3%
COP Conocophillips 0.21% 4,174 $391K Reduce -8.2%
QCOM Qualcomm Inc. 0.21% 2,282 $390K Add +4.2%
VZ Verizon Communications Inc. 0.21% 9,445 $385K Reduce -30.7%
FIX Comfort Systems USA Inc. 0.21% 410 $383K No change
VTI VG Morningstar TS MKT ETF-US 0.20% 1,138 $382K No change
RIO Rio Tinto PLC-Spon ADR 0.20% 4,746 $380K Add +3.3%
D Dominion Energy Inc. 0.20% 6,412 $376K Add +4.4%
BN Brookfield Corp. 0.20% 8,152 $374K No change
BRK.B Berkshire Hathaway Inc. Class B 0.20% 732 $368K No change
PFE Pfizer Inc. 0.19% 14,338 $357K Add +3.8%
RTX RTX Corp. 0.19% 1,925 $353K Add +0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.19% 1,181 $350K Add +0.1%
NVG Nuveen Amt-FR Muni CRDT 0.19% 27,225 $345K No change
WMB Williams Cos Inc. 0.18% 5,528 $332K Add +0.8%
EVRG Evergy Inc. 0.18% 4,534 $329K Add +0.8%
MCD McDonald's Corp. 0.17% 1,046 $320K Reduce -1.7%
META Meta Platforms Inc. Class A 0.17% 483 $319K No change
PSX Phillips 66 0.17% 2,448 $316K Reduce -7.3%
RSPM Invesco S&P 500 Equal Weight 0.17% 9,126 $311K Reduce -1.9%
JBHT Hunt (jb) Transprt SVCS Inc. 0.17% 1,593 $310K No change
COKE Coca-Cola Consolidated Inc. 0.16% 2,000 $307K No change
FDX FedEx Corp. 0.16% 1,052 $304K Add +0.1%
MRK Merck & Co. Inc. 0.16% 2,859 $301K Add +0.8%
USB US Bancorp 0.16% 5,490 $293K Add +0.3%
AMD Advanced Micro Devices 0.16% 1,360 $291K Reduce -1.4%
PEP Pepsico Inc. 0.15% 1,989 $286K Reduce -13.6%
PH Parker Hannifin Corp. 0.15% 323 $284K Add +0.3%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.15% 2,650 $278K No change
ET Energy Transfer LP 0.15% 16,805 $277K Add +15.5%
DPZ Domino's Pizza Inc. 0.15% 660 $275K No change
C Citigroup Inc. 0.15% 2,340 $273K Add +0.4%
RSPR Invesco S&P 500 Equal Weight 0.15% 8,051 $271K Reduce -4.1%
AMP Ameriprise Financial Inc. 0.14% 549 $269K Add +0.4%
CAT Caterpillar Inc. 0.14% 456 $261K No change
WBD Warner Bros Discovery Inc. 0.14% 9,003 $259K New
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.13% 8,605 $242K Add +1.4%
TRV The Travelers Cos Inc. 0.13% 812 $236K No change
CIBR First Trust Nasdaq Cybersecu 0.12% 3,124 $223K New
ISRG Intuitive Surgical Inc. 0.12% 392 $222K New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.12% 2,665 $221K Add +0.8%
JCI Johnson Controls Internation 0.12% 1,829 $219K No change
MS Morgan Stanley 0.12% 1,229 $218K New
BA The Boeing Co. 0.12% 1,002 $218K No change
KMI Kinder Morgan Inc. 0.12% 7,871 $216K Add +1.1%
ZION Zions Bancorp NA 0.11% 3,593 $210K Add +0.9%
F Ford Motor Co. filed as FORD MTR CO 0.11% 15,917 $209K Add +0.0%
ROK Rockwell Automation Inc. 0.11% 529 $206K New
FCX Freeport-McMoran Inc. 0.11% 3,973 $202K New
XEL Xcel Energy Inc. 0.11% 2,730 $202K Add +0.7%
AFL Aflac Inc. 0.11% 1,816 $200K Add +0.4%
MUA BlackRock Muniassets Fund 0.09% 16,352 $175K No change
XNOMX Nuveen Mo QLTY Muni Inc. 0.08% 12,375 $148K No change
BTG B2GOLD Corp. 0.03% 11,200 $51K No change

Portfolio Sells Q3 2025 → Q4 2025
ORLY O'reilly Automotive Inc. Reduce -0.1% 7.21% −1.69
MSFT Microsoft Corp. Reduce -1.1% 3.12% −0.41
LNG Cheniere Energy Inc. Reduce -6.0% 0.49% −0.17
HD Home Depot Inc. Reduce -1.2% 0.59% −0.14
STWD Starwood Property Trust Inc. Sold out 0.00% −0.13
VZ Verizon Communications Inc. Reduce -30.7% 0.21% −0.13
DLR Digital Realty Trust Inc. Sold out 0.00% −0.12
UNH Unitedhealth Group Inc. Sold out 0.00% −0.12
CMS CMS Energy Corp. Sold out 0.00% −0.11
PG The Procter & Gamble Co. Reduce -0.8% 0.85% −0.11
TSLA Tesla Inc. Reduce -0.0% 2.72% −0.09
RSPT Invesco S&P 500 Equal Weight Reduce -1.8% 2.03% −0.08
MO Altria Group Inc. Reduce -0.1% 0.40% −0.08
FPE FT-Preferred Secur & Inc. ETF Reduce -1.7% 1.15% −0.07
CVX Chevron Corp. Reduce -1.5% 0.90% −0.07
COST Costco Wholesale Corp. Reduce -11.7% 0.25% −0.07
FVD First Trust Value Line DVD Reduce -2.5% 0.88% −0.06
FPEI First Trust Institutional PR Reduce -2.7% 0.80% −0.06
RSPD Invesco S&P 500 Equal Weight Reduce -2.4% 0.63% −0.05
BBN BlackRock Taxable Muni BND Reduce -6.9% 0.32% −0.04
PM Philip Morris International Reduce -1.0% 0.64% −0.04
RSPN Invesco S&P 500 Equal Weight Reduce -2.2% 0.72% −0.04
PGF Invesco Financial Preferred Reduce -5.8% 0.28% −0.04
GBAB Guggenheim Taxable Municipal Reduce -5.3% 0.25% −0.04
TSN Tyson Foods Inc. Class A Reduce -9.7% 0.52% −0.04
PSX Phillips 66 Reduce -7.3% 0.17% −0.03
RSPU Invesco S&P 500 Equal Weight Reduce -5.0% 0.25% −0.03
COP Conocophillips Reduce -8.2% 0.21% −0.03
PEP Pepsico Inc. Reduce -13.6% 0.15% −0.03
GE General Electric Reduce -1.8% 0.66% −0.02
AMLP Alerian MLP ETF Reduce -3.8% 0.28% −0.02
XLG Invesco S&P 500 Top 50 ETF Reduce -0.6% 1.22% −0.02
RSPR Invesco S&P 500 Equal Weight Reduce -4.1% 0.15% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.6% 0.46% −0.02
JPM JPMorgan Chase & Co. Reduce -1.0% 0.42% −0.01
MCD McDonald's Corp. Reduce -1.7% 0.17% −0.01
RSPM Invesco S&P 500 Equal Weight Reduce -1.9% 0.17% −0.00
BAC Bank of America Corp. Reduce -2.8% 0.28% −0.00
GEV GE Vernova Inc. Reduce -1.7% 0.37% +0.00
WFC Wells Fargo & Co. Reduce -2.7% 0.25% +0.01
XOM Exxon Mobil Corp. Reduce -1.3% 1.02% +0.01
JNJ Johnson & Johnson Reduce -2.7% 0.34% +0.01
AMGN Amgen Inc. Reduce -3.5% 0.24% +0.02
CSCO Cisco Systems Inc. Reduce -1.3% 0.33% +0.02
RSPH Invesco S&P 500 Equal Weight Reduce -0.6% 0.74% +0.02
AMD Advanced Micro Devices Reduce -1.4% 0.16% +0.03
WMT Walmart Inc. Reduce -0.6% 7.82% +0.23
JKHY Jack Henry & Associates Inc. Reduce -0.2% 22.35% +3.28

Portfolio Buys Q3 2025 → Q4 2025
MU Micron Technology Inc. Add +9.9% 0.50% +0.22
WBD Warner Bros Discovery Inc. New 0.14% +0.14
CIBR First Trust Nasdaq Cybersecu New 0.12% +0.12
ISRG Intuitive Surgical Inc. New 0.12% +0.12
MS Morgan Stanley New 0.12% +0.12
ROK Rockwell Automation Inc. New 0.11% +0.11
FCX Freeport-McMoran Inc. New 0.11% +0.11
GOOGL Alphabet Inc. Class A Add +2.3% 0.51% +0.11
LLY Eli Lilly & Co. Add +0.1% 0.38% +0.10
AAPL Apple Inc. Add +0.6% 3.35% +0.10
LRCX Lam Research Corp. Add +2.8% 0.37% +0.08
AMAT Applied Materials Inc. Add +0.2% 0.28% +0.05
AMZN Amazon.com Inc. Add +3.2% 1.13% +0.04
GLD SPDR Gold Shares Add +9.5% 0.24% +0.04
BMY Bristol-Myers Squibb Co. Add +1.6% 0.24% +0.03
RIO Rio Tinto PLC-Spon ADR Add +3.3% 0.20% +0.03
MRK Merck & Co. Inc. Add +0.8% 0.16% +0.03
FDX FedEx Corp. Add +0.1% 0.16% +0.02
COF Capital One Financial Corp. Add +0.2% 0.28% +0.02
GS Goldman Sachs Group Inc. Add +0.5% 0.40% +0.02
FEGE First Eagle GL Equity ETF Add +7.2% 0.35% +0.02
AXP American Express Co. Add +0.1% 0.30% +0.02
GILD Gilead Sciences Inc. Add +0.4% 0.30% +0.02
KLAC KLA Corp. Add +0.3% 0.22% +0.02
PH Parker Hannifin Corp. Add +0.3% 0.15% +0.02
SHLD Global X Defense Tech ETF Add +20.3% 0.25% +0.02
C Citigroup Inc. Add +0.4% 0.15% +0.01
NEE Nextera Energy Inc. Add +3.3% 0.21% +0.01
RTX RTX Corp. Add +0.4% 0.19% +0.01
USB US Bancorp Add +0.3% 0.16% +0.01
ET Energy Transfer LP Add +15.5% 0.15% +0.01
VOOG Vanguard S&P 500 Growth ETF Add +5.8% 0.25% +0.01
F Ford Motor Co. Add +0.0% 0.11% +0.01
QCOM Qualcomm Inc. Add +4.2% 0.21% +0.01
AVGO Broadcom Inc. Add +0.2% 0.55% +0.00
KO The Coca-Cola Co. Add +0.6% 0.21% +0.00
IBM Intl Business Machines Corp. Add +0.1% 0.19% +0.00
ZION Zions Bancorp NA Add +0.9% 0.11% 0.00
EPD Enterprise Products Partners Add +1.7% 0.34% −0.00
OKE Oneok Inc. Add +3.0% 0.22% −0.00
VOO Vanguard S&P 500 ETF Add +1.4% 0.81% −0.00
PFE Pfizer Inc. Add +3.8% 0.19% −0.01
AFL Aflac Inc. Add +0.4% 0.11% −0.01
AMP Ameriprise Financial Inc. Add +0.4% 0.14% −0.01
VIG Vanguard Dividend Apprec ETF Add +0.0% 0.28% −0.01
KMI Kinder Morgan Inc. Add +1.1% 0.12% −0.01
D Dominion Energy Inc. Add +4.4% 0.20% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.36% −0.01
RSPG Invesco S&P 500 Equal Weight Add +1.2% 0.29% −0.01
CSX CSX Corp. Add +0.1% 0.51% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
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