Waterloo Capital, L.P.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 12, 2024), Waterloo Capital, L.P. reported 346 stock positions worth $832.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 4.2% of the portfolio, followed by SS SPDR P S&P 500 Growth ETF (SPYG, 3.0%) and Vanguard Short-Term Bond ETF (BSV, 2.9%). Compared with Q1 2024, it opened 43 new positions, sold out of 57, added to 168 and reduced 122. The biggest buy was Vanguard Short-Term Bond ETF (BSV, shares +44%) and the biggest sale Invesco S&P 500 Low Volatili (SPLV, shares −84%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001730942
- Portfolio Value
- $832.8M (Q2 2024)
- SEC Filing
- 0001104659-24-088098 ↗ filed Aug 12, 2024
Holdings Value
Holdings 346 stocks · $832.8M
| IVV iShares Core S&P 500 ETF | 4.23% | 64,319 | $35.2M | Add +10.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.02% | 314,121 | $25.2M | Add +25.7% |
| BSV Vanguard Short-Term Bond ETF | 2.86% | 310,628 | $23.8M | Add +44.3% |
| IWD iShares Russell 1000 Value E | 2.84% | 135,422 | $23.6M | Reduce -4.5% |
| QUAL iShares MSCI USA Quality Fac | 2.81% | 137,167 | $23.4M | Reduce -9.1% |
| QQQM Invesco Nasdaq 100 ETF | 2.68% | 113,210 | $22.3M | Add +3.8% |
| ACIO Aptus Collared Invest Opp | 2.57% | 569,718 | $21.4M | Add +0.2% |
| RSP Invesco S&P 500 Equal Weight | 1.99% | 100,713 | $16.5M | Add +5.9% |
| AAPL Apple Inc. | 1.88% | 74,236 | $15.6M | Add +20.0% |
| WMT Walmart Inc. | 1.75% | 215,044 | $14.6M | Add +25.1% |
| MSFT Microsoft Corp. | 1.74% | 32,342 | $14.5M | Add +9.6% |
| DRSK Aptus Defined Risk ETF | 1.68% | 516,314 | $14.0M | Reduce -0.8% |
| IDUB Aptus Intl Enhan YLD ETF | 1.64% | 666,157 | $13.7M | Add +2.5% |
| AGG iShares Core U.S. Aggregate | 1.42% | 122,000 | $11.8M | Add +2.2% |
| VOO Vanguard S&P 500 ETF | 1.36% | 22,700 | $11.4M | Add +2.7% |
| VEA Vanguard Ftse Developed ETF | 1.35% | 226,766 | $11.2M | Add +2.8% |
| OSCV Opus Small Cap Value ETF | 1.33% | 322,024 | $11.1M | Add +3.1% |
| DXJ Wisdomtree Japan Hedged Eq | 1.22% | 90,338 | $10.2M | Add +12.3% |
| NVDA Nvidia Corp. | 1.15% | 77,316 | $9.6M | Add +19.5% |
| USIG iShares Broad Usd Investment | 1.15% | 190,167 | $9.5M | Add +11.1% |
| ADME Aptus Drwdwn MGD Eqty ETF | 1.12% | 213,742 | $9.3M | Add +0.5% |
| DUBS Aptus LRG Cap Enh YLD ETF | 1.11% | 305,643 | $9.3M | Add +1.6% |
| AVGO Broadcom Inc. | 1.07% | 5,573 | $8.9M | Add +0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.07% | 139,468 | $8.9M | Add +5.2% |
| INDA iShares MSCI India ETF | 1.03% | 153,779 | $8.6M | Add +2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.00% | 15,314 | $8.3M | Reduce -11.9% |
| XLC SS Comm Select Sector SPDR | 1.00% | 96,914 | $8.3M | Reduce -5.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.90% | 103,671 | $7.5M | Add +14.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.83% | 164,673 | $6.9M | Reduce -6.9% |
| SPTI SS SPDR P Int Term TSY ETF | 0.79% | 234,912 | $6.6M | Reduce -42.9% |
| AMZN Amazon.com Inc. | 0.78% | 33,621 | $6.5M | Add +15.3% |
| FLOT iShares Floating Rate Bond E | 0.78% | 126,920 | $6.5M | Add +101.8% |
| BKLN Invesco Senior Loan ETF | 0.76% | 302,159 | $6.4M | Add +135.8% |
| IWR iShares Russell Mid-Cap ETF | 0.76% | 78,058 | $6.3M | Reduce -10.1% |
| JEPI JPMorgan Equity Premium Inco | 0.76% | 111,554 | $6.3M | Add +8.2% |
| IEMG iShares Core MSCI Emerging | 0.75% | 116,498 | $6.2M | Add +588.2% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.75% | 248,927 | $6.2M | Reduce -7.7% |
| VWO Vanguard Ftse Emerging Marke | 0.68% | 129,662 | $5.7M | Add +4.7% |
| GBIL Goldman Sachs Access Treasur | 0.66% | 54,951 | $5.5M | Add +45.0% |
| GOOGL Alphabet Inc. Class A | 0.64% | 29,260 | $5.3M | Add +10.8% |
| JUCY Aptus Enhanced Yield ETF | 0.60% | 216,961 | $5.0M | Reduce -9.5% |
| SMH Vaneck Semiconductor ETF | 0.58% | 18,684 | $4.9M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.58% | 10,127 | $4.9M | Reduce -11.0% |
| BX Blackstone Inc. | 0.57% | 38,317 | $4.7M | Add +0.3% |
| XHB SS SPDR S&P Homebldrs ETF | 0.55% | 45,623 | $4.6M | New |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.54% | 91,738 | $4.5M | Add +340.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.54% | 49,124 | $4.5M | Reduce -3.9% |
| FTCS First Trust Capital Strength | 0.53% | 52,425 | $4.4M | Reduce -6.0% |
| GOOG Alphabet Inc. Class C | 0.50% | 22,761 | $4.2M | Add +11.3% |
| RITM Rithm Capital Corp. | 0.50% | 380,744 | $4.2M | Add +2.0% |
| STX Seagate Technology Holdings | 0.50% | 39,976 | $4.1M | Add +5.7% |
| UNH Unitedhealth Group Inc. | 0.48% | 7,919 | $4.0M | Add +13.8% |
| PEP Pepsico Inc. | 0.48% | 24,191 | $4.0M | Add +1.1% |
| SCHX Schwab US Large-Cap ETF | 0.48% | 61,773 | $4.0M | Add +1.9% |
| V Visa Inc. Class A | 0.46% | 14,575 | $3.8M | Add +7.9% |
| SBRA Sabra Health Care REIT Inc. | 0.46% | 246,342 | $3.8M | Add +7.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.44% | 13,744 | $3.7M | Reduce -2.2% |
| WFC Wells Fargo & Co. | 0.43% | 60,778 | $3.6M | Add +0.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.41% | 104,564 | $3.5M | Add +2.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.41% | 62,129 | $3.4M | New |
| OHI Omega Healthcare Investors | 0.41% | 99,631 | $3.4M | Add +6.6% |
| LNC Lincoln National Corp. | 0.41% | 109,227 | $3.4M | Add +9.4% |
| SPHY SS SPDR P High Yield ETF | 0.41% | 146,061 | $3.4M | Reduce -41.4% |
| META Meta Platforms Inc. Class A | 0.41% | 6,709 | $3.4M | Add +82.2% |
| VNO Vornado Realty Trust | 0.40% | 128,169 | $3.4M | Add +11.3% |
| JPM JPMorgan Chase & Co. | 0.40% | 16,504 | $3.3M | Reduce -3.9% |
| SPG Simon Property Group Inc. | 0.40% | 21,725 | $3.3M | Add +9.6% |
| DOW Dow Inc. | 0.37% | 58,755 | $3.1M | Add +3.7% |
| URI United Rentals Inc. | 0.37% | 4,816 | $3.1M | Add +0.5% |
| PM Philip Morris International | 0.37% | 30,527 | $3.1M | Add +1.2% |
| HTGC Hercules Capital Inc. | 0.37% | 150,555 | $3.1M | Add +4.3% |
| FITB Fifth Third Bancorp | 0.37% | 83,363 | $3.0M | Add +7.9% |
| MO Altria Group Inc. | 0.36% | 65,509 | $3.0M | Add +8.7% |
| TNL Travel + Leisure Co. | 0.35% | 65,254 | $2.9M | Add +3.8% |
| BXSL Blackstone Secured Lending F | 0.35% | 94,793 | $2.9M | Add +9.6% |
| LADR Ladder Capital Corp.-REIT | 0.33% | 243,310 | $2.7M | Add +8.7% |
| ARCC Ares Capital Corp. | 0.31% | 125,813 | $2.6M | Add +0.9% |
| OKE Oneok Inc. | 0.31% | 31,989 | $2.6M | Add +1.6% |
| KMI Kinder Morgan Inc. | 0.31% | 128,882 | $2.6M | Add +4.5% |
| GBDC Golub Capital BDC Inc. | 0.30% | 158,911 | $2.5M | Add +11.7% |
| STWD Starwood Property Trust Inc. | 0.30% | 131,709 | $2.5M | Add +8.7% |
| LLY Eli Lilly & Co. | 0.30% | 2,719 | $2.5M | Add +123.4% |
| AY Atlantica Sustainable Infras | 0.30% | 112,108 | $2.5M | Reduce -9.1% |
| CVS CVS Health Corp. | 0.29% | 41,568 | $2.5M | Reduce -1.4% |
| CWEN.A Clearway Energy Inc. Class A | 0.29% | 106,633 | $2.4M | Add +10.4% |
| FSK FS KKR Capital Corp. | 0.29% | 121,365 | $2.4M | Reduce -19.6% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.29% | 59,212 | $2.4M | New |
| MUB iShares National Muni Bond E | 0.28% | 22,015 | $2.3M | Add +80.8% |
| ADBE Adobe Inc. | 0.27% | 4,106 | $2.3M | Add +6.4% |
| TSLX Sixth Street Specialty Lendi | 0.27% | 105,760 | $2.3M | Add +9.9% |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | 0.27% | 83,535 | $2.2M | Reduce -17.8% |
| PG The Procter & Gamble Co. | 0.27% | 13,520 | $2.2M | Add +55.1% |
| NFLX Netflix Inc. | 0.27% | 3,273 | $2.2M | Add +51.3% |
| XOM Exxon Mobil Corp. | 0.26% | 19,128 | $2.2M | Add +14.7% |
| SO The Southern Co. | 0.26% | 27,673 | $2.1M | New |
| WHR Whirlpool Corp. | 0.26% | 20,887 | $2.1M | Add +8.8% |
| PGR Progressive Corp. | 0.25% | 10,088 | $2.1M | Reduce -5.1% |
| LTC LTC Properties Inc. filed as LTC PPTYS INC | 0.24% | 56,998 | $2.0M | Add +5.9% |
| AMD Advanced Micro Devices | 0.23% | 12,032 | $2.0M | Add +19.2% |
| HD Home Depot Inc. | 0.23% | 5,596 | $1.9M | Reduce -15.0% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $547K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 457 | $547K | Reduce -1.5% |
Total filed on the 13F, all lines: $833.3M.
Portfolio Sells Q1 2024 → Q2 2024
| SPLV Invesco S&P 500 Low Volatili | Reduce -84.1% | 0.21% | −1.20 |
| AOA iShares Core 80/20 Aggressiv | Reduce -90.6% | 0.09% | −0.90 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -42.9% | 0.79% | −0.69 |
| IWD iShares Russell 1000 Value E | Reduce -4.5% | 2.84% | −0.41 |
| QUAL iShares MSCI USA Quality Fac | Reduce -9.1% | 2.81% | −0.36 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.34 |
| SPHY SS SPDR P High Yield ETF | Reduce -41.4% | 0.41% | −0.34 |
| M D C HLDGS INC | Sold out | 0.00% | −0.32 |
| BEPC Brookfield Renewable Cor-A | Reduce -66.8% | 0.10% | −0.18 |
| IWR iShares Russell Mid-Cap ETF | Reduce -10.1% | 0.76% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -11.9% | 1.00% | −0.16 |
| PFE Pfizer Inc. | Reduce -67.0% | 0.07% | −0.15 |
| BRKR Bruker Corp. | Sold out | 0.00% | −0.14 |
| CVS CVS Health Corp. | Reduce -1.4% | 0.29% | −0.14 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -6.9% | 0.83% | −0.13 |
| SJNK SS SPDR BB St Hi Yield ETF | Reduce -7.7% | 0.75% | −0.12 |
| PCOR Procore Technologies Inc. | Sold out | 0.00% | −0.12 |
| JUCY Aptus Enhanced Yield ETF | Reduce -9.5% | 0.60% | −0.11 |
| SGOV iShares 0-3 Month Treasury B | Reduce -61.6% | 0.06% | −0.11 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.11 |
| ACN Accenture PLC Class A | Reduce -61.0% | 0.05% | −0.10 |
| DRSK Aptus Defined Risk ETF | Reduce -0.8% | 1.68% | −0.10 |
| FVD First Trust Value Line DVD | Reduce -23.5% | 0.22% | −0.10 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.10 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.09 |
| JNJ Johnson & Johnson | Reduce -49.5% | 0.07% | −0.09 |
| HD Home Depot Inc. | Reduce -15.0% | 0.23% | −0.09 |
| FTCS First Trust Capital Strength | Reduce -6.0% | 0.53% | −0.08 |
| FSK FS KKR Capital Corp. | Reduce -19.6% | 0.29% | −0.08 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -17.8% | 0.27% | −0.08 |
| A Agilent Technologies Inc. | Reduce -30.6% | 0.11% | −0.08 |
| VYM Vanguard High DVD Yield ETF | Reduce -59.8% | 0.05% | −0.08 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.08 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -37.8% | 0.06% | −0.07 |
| XLC SS Comm Select Sector SPDR | Reduce -5.3% | 1.00% | −0.07 |
| ULTA Ulta Beauty Inc. | Reduce -19.3% | 0.09% | −0.07 |
| KBWD Invesco KBW High Dividend Yi | Reduce -46.1% | 0.07% | −0.07 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.0% | 0.58% | −0.06 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.06 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -15.5% | 0.21% | −0.06 |
| IXUS iShares Core Intl Stock ETF | Sold out | 0.00% | −0.06 |
| ABBV Abbvie Inc. | Reduce -11.2% | 0.22% | −0.06 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.06 |
| RTX RTX Corp. | Sold out | 0.00% | −0.06 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.06 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -3.9% | 0.54% | −0.06 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.06 |
| EMLP First Trust North American E | Sold out | 0.00% | −0.06 |
| JHMM John Hancock Multi Fact Mid | Reduce -15.6% | 0.18% | −0.06 |
Portfolio Buys Q1 2024 → Q2 2024
| BSV Vanguard Short-Term Bond ETF | Add +44.3% | 2.86% | +0.75 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +25.7% | 3.02% | +0.69 |
| IEMG iShares Core MSCI Emerging | Add +588.2% | 0.75% | +0.64 |
| SMH Vaneck Semiconductor ETF | New | 0.58% | +0.58 |
| XHB SS SPDR S&P Homebldrs ETF | New | 0.55% | +0.55 |
| AAPL Apple Inc. | Add +20.0% | 1.88% | +0.52 |
| WMT Walmart Inc. | Add +25.1% | 1.75% | +0.43 |
| BKLN Invesco Senior Loan ETF | Add +135.8% | 0.76% | +0.42 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.41% | +0.41 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +340.9% | 0.54% | +0.41 |
| NVDA Nvidia Corp. | Add +19.5% | 1.15% | +0.40 |
| FLOT iShares Floating Rate Bond E | Add +101.8% | 0.78% | +0.37 |
| IVV iShares Core S&P 500 ETF | Add +10.1% | 4.23% | +0.30 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | New | 0.29% | +0.29 |
| SO The Southern Co. | New | 0.26% | +0.26 |
| K Kellanova | New | 0.20% | +0.20 |
| IEF iShares 7-10 Year Treasury B | New | 0.19% | +0.19 |
| MMM 3M Co. | New | 0.18% | +0.18 |
| META Meta Platforms Inc. Class A | Add +82.2% | 0.41% | +0.18 |
| LLY Eli Lilly & Co. | Add +123.4% | 0.30% | +0.17 |
| GBIL Goldman Sachs Access Treasur | Add +45.0% | 0.66% | +0.17 |
| VZ Verizon Communications Inc. | New | 0.15% | +0.15 |
| MSFT Microsoft Corp. | Add +9.6% | 1.74% | +0.15 |
| QQQM Invesco Nasdaq 100 ETF | Add +3.8% | 2.68% | +0.13 |
| AVGO Broadcom Inc. | Add +0.1% | 1.07% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +10.8% | 0.64% | +0.13 |
| ISRG Intuitive Surgical Inc. | Add +116.2% | 0.20% | +0.11 |
| MUB iShares National Muni Bond E | Add +80.8% | 0.28% | +0.11 |
| AMZN Amazon.com Inc. | Add +15.3% | 0.78% | +0.11 |
| DXJ Wisdomtree Japan Hedged Eq | Add +12.3% | 1.22% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +11.3% | 0.50% | +0.10 |
| NFLX Netflix Inc. | Add +51.3% | 0.27% | +0.10 |
| SPGI S&P Global Inc. | Add +211.8% | 0.14% | +0.09 |
| PG The Procter & Gamble Co. | Add +55.1% | 0.27% | +0.09 |
| EPR Epr Properties | New | 0.08% | +0.08 |
| BAC Bank of America Corp. | Add +197.4% | 0.10% | +0.07 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.06% | +0.06 |
| ECL Ecolab Inc. | New | 0.06% | +0.06 |
| MUSA Murphy USA Inc. | New | 0.06% | +0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.06% | +0.06 |
| BTAL Agf US Market Neutral Anti-B | New | 0.06% | +0.06 |
| TSLA Tesla Inc. | Add +25.0% | 0.23% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | New | 0.05% | +0.05 |
| GD General Dynamics Corp. | New | 0.05% | +0.05 |
| T AT&T Inc. | New | 0.05% | +0.05 |
| VMRK Vivmark Residential | New | 0.05% | +0.05 |
| SOXX iShares Semiconductor ETF | New | 0.05% | +0.05 |
| COST Costco Wholesale Corp. | Add +33.3% | 0.15% | +0.05 |
| KO The Coca-Cola Co. | Add +142.1% | 0.08% | +0.05 |
| TMUS T-Mobile US Inc. | Add +24.8% | 0.22% | +0.05 |
Notes & Other Activity Q1 2024 → Q2 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -1.5% | 457 | $547K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 552 | $1.8B | SPYM, WMT, SPYG, AVLV, AAPL |
| Q1 2026 | 477 | $1.4B | WMT, IVV, SPYG, FENI, ACIO |
| Q4 2025 | 453 | $1.4B | IVV, WMT, SPYG, AAPL, ACIO |
| Q3 2025 | 452 | $1.3B | IVV, SPYG, WMT, ACIO, AAPL |
| Q2 2025 | 454 | $1.2B | IVV, RSP, SPYG, WMT, ACIO |
| Q1 2025 | 389 | $1.1B | IVV, RSP, GBIL, ACIO, WMT |
| Q4 2024 | 361 | $947.9M | IVV, WMT, SPYG, RSP, ACIO |
| Q3 2024 | 352 | $915.6M | IVV, RSP, IWD, ACIO, SPYG |
| Q2 2024 | 346 | $832.8M | IVV, SPYG, BSV, IWD, QUAL |
| Q1 2024 | 360 | $782.2M | IVV, IWD, QUAL, ACIO, QQQM |