Waterloo Capital, L.P.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Waterloo Capital, L.P. reported 352 stock positions worth $915.6 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 3.5% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 2.7%) and iShares Russell 1000 Value E (IWD, 2.6%). Compared with Q2 2024, it opened 54 new positions, sold out of 48, added to 149 and reduced 133. The biggest buy was SS SPDR P S&P 500 Hi Div ETF (SPYD, shares +365%) and the biggest sale Vanguard Short-Term Bond ETF (BSV, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001730942
- Portfolio Value
- $915.6M (Q3 2024)
- SEC Filing
- 0001104659-24-118460 ↗ filed Nov 14, 2024
Holdings Value
Holdings 352 stocks · $915.6M
| IVV iShares Core S&P 500 ETF | 3.52% | 55,871 | $32.2M | Reduce -13.1% |
| RSP Invesco S&P 500 Equal Weight | 2.73% | 139,752 | $25.0M | Add +38.8% |
| IWD iShares Russell 1000 Value E | 2.58% | 124,593 | $23.6M | Reduce -8.0% |
| ACIO Aptus Collared Invest Opp | 2.58% | 593,864 | $23.6M | Add +4.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.47% | 272,957 | $22.6M | Reduce -13.1% |
| WMT Walmart Inc. | 2.27% | 257,703 | $20.8M | Add +19.8% |
| QQQM Invesco Nasdaq 100 ETF | 2.24% | 102,244 | $20.5M | Reduce -9.7% |
| AGG iShares Core U.S. Aggregate | 2.16% | 195,489 | $19.8M | Add +60.2% |
| QUAL iShares MSCI USA Quality Fac | 1.99% | 101,709 | $18.2M | Reduce -25.9% |
| AAPL Apple Inc. | 1.91% | 75,143 | $17.5M | Add +1.2% |
| IDUB Aptus Intl Enhan YLD ETF | 1.70% | 714,054 | $15.6M | Add +7.2% |
| DRSK Aptus Defined Risk ETF | 1.65% | 535,154 | $15.1M | Add +3.6% |
| BSV Vanguard Short-Term Bond ETF | 1.56% | 181,666 | $14.3M | Reduce -41.5% |
| SPTI SS SPDR P Int Term TSY ETF | 1.51% | 477,079 | $13.9M | Add +103.1% |
| MSFT Microsoft Corp. | 1.42% | 30,254 | $13.0M | Reduce -6.5% |
| VEA Vanguard Ftse Developed ETF | 1.42% | 246,437 | $13.0M | Add +8.7% |
| OSCV Opus Small Cap Value ETF | 1.41% | 345,612 | $12.9M | Add +7.3% |
| VOO Vanguard S&P 500 ETF | 1.38% | 24,024 | $12.7M | Add +5.8% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.37% | 275,266 | $12.6M | Add +364.9% |
| IEFA iShares Core MSCI Eafe ETF | 1.32% | 155,108 | $12.1M | Add +49.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.18% | 160,613 | $10.8M | Add +15.2% |
| ADME Aptus Drwdwn MGD Eqty ETF | 1.12% | 221,161 | $10.2M | Add +3.5% |
| DUBS Aptus LRG Cap Enh YLD ETF | 1.11% | 320,097 | $10.1M | Add +4.7% |
| NVDA Nvidia Corp. | 1.04% | 78,582 | $9.5M | Add +1.6% |
| SPHY SS SPDR P High Yield ETF | 1.04% | 394,773 | $9.5M | Add +170.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.96% | 15,348 | $8.8M | Add +0.2% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.96% | 174,092 | $8.8M | Add +89.8% |
| INDA iShares MSCI India ETF | 0.94% | 146,682 | $8.6M | Reduce -4.6% |
| AVGO Broadcom Inc. | 0.92% | 48,923 | $8.4M | Reduce -12.2% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.90% | 189,813 | $8.2M | Add +15.3% |
| SPLV Invesco S&P 500 Low Volatili | 0.82% | 105,091 | $7.5M | Add +293.8% |
| USIG iShares Broad Usd Investment | 0.82% | 143,333 | $7.5M | Reduce -24.6% |
| IEMG iShares Core MSCI Emerging | 0.78% | 124,577 | $7.2M | Add +6.9% |
| XLC SS Comm Select Sector SPDR | 0.78% | 79,007 | $7.1M | Reduce -18.5% |
| GBIL Goldman Sachs Access Treasur | 0.76% | 69,306 | $7.0M | Add +26.1% |
| AMZN Amazon.com Inc. | 0.75% | 36,941 | $6.9M | Add +9.9% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.74% | 264,879 | $6.8M | Add +6.4% |
| VWO Vanguard Ftse Emerging Marke | 0.74% | 140,763 | $6.7M | Add +8.6% |
| IWR iShares Russell Mid-Cap ETF | 0.71% | 73,931 | $6.5M | Reduce -5.3% |
| FLOT iShares Floating Rate Bond E | 0.68% | 121,368 | $6.2M | Reduce -4.4% |
| JEPI JPMorgan Equity Premium Inco | 0.67% | 103,594 | $6.2M | Reduce -7.1% |
| XLF SS Financial Select Sector | 0.64% | 129,202 | $5.9M | Add +722.9% |
| XHB SS SPDR S&P Homebldrs ETF | 0.58% | 42,706 | $5.3M | Reduce -6.4% |
| BX Blackstone Inc. | 0.58% | 34,449 | $5.3M | Reduce -10.1% |
| JUCY Aptus Enhanced Yield ETF | 0.57% | 226,021 | $5.2M | Add +4.2% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.55% | 62,519 | $5.1M | New |
| EWJ iShares MSCI Japan ETF | 0.53% | 67,941 | $4.9M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.50% | 9,417 | $4.6M | Reduce -7.0% |
| MUB iShares National Muni Bond E | 0.49% | 41,653 | $4.5M | Add +89.2% |
| UNH Unitedhealth Group Inc. | 0.48% | 7,581 | $4.4M | Reduce -4.3% |
| META Meta Platforms Inc. Class A | 0.48% | 7,634 | $4.4M | Add +13.8% |
| FTCS First Trust Capital Strength | 0.47% | 47,196 | $4.3M | Reduce -10.0% |
| PEP Pepsico Inc. | 0.45% | 24,372 | $4.1M | Add +0.8% |
| SBRA Sabra Health Care REIT Inc. | 0.45% | 220,360 | $4.1M | Reduce -10.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.44% | 110,767 | $4.0M | Add +5.9% |
| SCHX Schwab US Large-Cap ETF | 0.43% | 58,581 | $4.0M | Reduce -5.2% |
| OHI Omega Healthcare Investors | 0.43% | 97,307 | $4.0M | Reduce -2.3% |
| MO Altria Group Inc. | 0.42% | 74,793 | $3.8M | Add +14.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 13,407 | $3.8M | Reduce -2.5% |
| STX Seagate Technology Holdings | 0.41% | 34,348 | $3.8M | Reduce -14.1% |
| SPG Simon Property Group Inc. | 0.40% | 21,888 | $3.7M | Add +0.8% |
| PM Philip Morris International | 0.40% | 30,349 | $3.7M | Reduce -0.6% |
| RITM Rithm Capital Corp. | 0.40% | 322,477 | $3.7M | Reduce -15.3% |
| URI United Rentals Inc. | 0.40% | 4,471 | $3.6M | Reduce -7.2% |
| JPM JPMorgan Chase & Co. | 0.39% | 16,927 | $3.6M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 0.38% | 20,929 | $3.5M | Reduce -8.1% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.38% | 63,665 | $3.5M | Add +2.5% |
| OKE Oneok Inc. | 0.38% | 38,364 | $3.5M | Add +19.9% |
| WFC Wells Fargo & Co. | 0.38% | 61,456 | $3.5M | Add +1.1% |
| TMUS T-Mobile US Inc. | 0.37% | 16,447 | $3.4M | Add +58.4% |
| AMT American Tower Corp. | 0.36% | 14,060 | $3.3M | Add +119.7% |
| FITB Fifth Third Bancorp | 0.36% | 75,932 | $3.3M | Reduce -8.9% |
| CWEN.A Clearway Energy Inc. Class A | 0.34% | 109,717 | $3.1M | Add +2.9% |
| GOOGL Alphabet Inc. Class A | 0.34% | 18,586 | $3.1M | Reduce -36.5% |
| LNC Lincoln National Corp. | 0.34% | 97,449 | $3.1M | Reduce -10.8% |
| SO The Southern Co. | 0.33% | 33,874 | $3.1M | Add +22.4% |
| BXSL Blackstone Secured Lending F | 0.33% | 102,321 | $3.0M | Add +7.9% |
| ABBV Abbvie Inc. | 0.33% | 15,068 | $3.0M | Add +38.6% |
| KMI Kinder Morgan Inc. | 0.31% | 128,157 | $2.8M | Reduce -0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 6,144 | $2.8M | Add +51.1% |
| STWD Starwood Property Trust Inc. | 0.31% | 138,072 | $2.8M | Add +4.8% |
| DOW Dow Inc. | 0.31% | 51,363 | $2.8M | Reduce -12.6% |
| V Visa Inc. Class A | 0.30% | 10,118 | $2.8M | Reduce -30.6% |
| DLR Digital Realty Trust Inc. | 0.30% | 16,817 | $2.7M | Add +595.2% |
| ARCC Ares Capital Corp. | 0.30% | 129,460 | $2.7M | Add +2.9% |
| TSLA Tesla Inc. | 0.29% | 10,189 | $2.7M | Add +5.0% |
| PG The Procter & Gamble Co. | 0.29% | 15,375 | $2.7M | Add +13.7% |
| HTGC Hercules Capital Inc. | 0.29% | 134,229 | $2.6M | Reduce -10.8% |
| MMM 3M Co. | 0.28% | 18,801 | $2.6M | Add +27.2% |
| HD Home Depot Inc. | 0.28% | 6,297 | $2.6M | Add +12.5% |
| KO The Coca-Cola Co. | 0.28% | 35,297 | $2.5M | Add +233.5% |
| TNL Travel + Leisure Co. | 0.27% | 54,437 | $2.5M | Reduce -16.6% |
| PGR Progressive Corp. | 0.27% | 9,707 | $2.5M | Reduce -3.8% |
| DGX Quest Diagnostics Inc. | 0.27% | 15,820 | $2.5M | Add +259.8% |
| FSK FS KKR Capital Corp. | 0.27% | 124,040 | $2.4M | Add +2.2% |
| VNO Vornado Realty Trust | 0.27% | 62,056 | $2.4M | Reduce -51.6% |
| AY Atlantica Sustainable Infras | 0.26% | 110,081 | $2.4M | Reduce -1.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.26% | 44,868 | $2.4M | Add +23.0% |
| JNJ Johnson & Johnson | 0.26% | 14,417 | $2.3M | Add +244.3% |
| LLY Eli Lilly & Co. | 0.25% | 2,564 | $2.3M | Reduce -5.7% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $738K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 447 | $569K | Reduce -2.2% |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 | 67,266 | $169K | New |
Total filed on the 13F, all lines: $916.3M.
Portfolio Sells Q2 2024 → Q3 2024
| BSV Vanguard Short-Term Bond ETF | Reduce -41.5% | 1.56% | −1.30 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −1.22 |
| QUAL iShares MSCI USA Quality Fac | Reduce -25.9% | 1.99% | −0.82 |
| BKLN Invesco Senior Loan ETF | Reduce -93.3% | 0.05% | −0.72 |
| IVV iShares Core S&P 500 ETF | Reduce -13.1% | 3.52% | −0.71 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.58 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -13.1% | 2.47% | −0.55 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -9.7% | 2.24% | −0.44 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -63.1% | 0.18% | −0.36 |
| USIG iShares Broad Usd Investment | Reduce -24.6% | 0.82% | −0.32 |
| MSFT Microsoft Corp. | Reduce -6.5% | 1.42% | −0.31 |
| GOOGL Alphabet Inc. Class A | Reduce -36.5% | 0.34% | −0.30 |
| IWD iShares Russell 1000 Value E | Reduce -8.0% | 2.58% | −0.25 |
| CVS CVS Health Corp. | Reduce -78.2% | 0.06% | −0.23 |
| XLC SS Comm Select Sector SPDR | Reduce -18.5% | 0.78% | −0.22 |
| WHR Whirlpool Corp. | Reduce -77.0% | 0.06% | −0.20 |
| ADBE Adobe Inc. | Reduce -61.7% | 0.09% | −0.19 |
| ETRN Equitrans Midstream Corp. | Sold out | 0.00% | −0.18 |
| BXMT Blackstone Mortgage Tru Class A | Reduce -78.3% | 0.05% | −0.17 |
| V Visa Inc. Class A | Reduce -30.6% | 0.30% | −0.16 |
| AMD Advanced Micro Devices | Reduce -63.2% | 0.08% | −0.15 |
| AVGO Broadcom Inc. | Reduce -12.2% | 0.92% | −0.15 |
| VNO Vornado Realty Trust | Reduce -51.6% | 0.27% | −0.14 |
| LADR Ladder Capital Corp.-REIT | Reduce -35.5% | 0.20% | −0.13 |
| GXO Gxo Logistics Inc. | Sold out | 0.00% | −0.13 |
| IEF iShares 7-10 Year Treasury B | Reduce -63.1% | 0.07% | −0.12 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -8.1% | 0.38% | −0.12 |
| SCHW Schwab (charles) Corp. | Reduce -78.9% | 0.02% | −0.12 |
| GBDC Golub Capital BDC Inc. | Reduce -29.1% | 0.19% | −0.11 |
| BSY Bentley Systems Inc. Class B | Sold out | 0.00% | −0.11 |
| TGT Target Corp. | Reduce -81.0% | 0.02% | −0.11 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.10 |
| FLOT iShares Floating Rate Bond E | Reduce -4.4% | 0.68% | −0.10 |
| RITM Rithm Capital Corp. | Reduce -15.3% | 0.40% | −0.10 |
| BALL Ball Corp. | Sold out | 0.00% | −0.10 |
| INDA iShares MSCI India ETF | Reduce -4.6% | 0.94% | −0.09 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.09 |
| JEPI JPMorgan Equity Premium Inco | Reduce -7.1% | 0.67% | −0.09 |
| STX Seagate Technology Holdings | Reduce -14.1% | 0.41% | −0.08 |
| IMTM iShares MSCI Intl Momentum F | Sold out | 0.00% | −0.08 |
| HTGC Hercules Capital Inc. | Reduce -10.8% | 0.29% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -7.0% | 0.50% | −0.08 |
| QCOM Qualcomm Inc. | Reduce -58.7% | 0.04% | −0.08 |
| TNL Travel + Leisure Co. | Reduce -16.6% | 0.27% | −0.08 |
| TSLX Sixth Street Specialty Lendi | Reduce -18.4% | 0.19% | −0.08 |
| LNC Lincoln National Corp. | Reduce -10.8% | 0.34% | −0.07 |
| OMFL Invesco Russell 1000 DYN M/F | Sold out | 0.00% | −0.07 |
| DOW Dow Inc. | Reduce -12.6% | 0.31% | −0.07 |
| SGOV iShares 0-3 Month Treasury B | Sold out | 0.00% | −0.06 |
Portfolio Buys Q2 2024 → Q3 2024
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +364.9% | 1.37% | +1.09 |
| RSP Invesco S&P 500 Equal Weight | Add +38.8% | 2.73% | +0.75 |
| AGG iShares Core U.S. Aggregate | Add +60.2% | 2.16% | +0.74 |
| SPTI SS SPDR P Int Term TSY ETF | Add +103.1% | 1.51% | +0.72 |
| SPHY SS SPDR P High Yield ETF | Add +170.3% | 1.04% | +0.63 |
| SPLV Invesco S&P 500 Low Volatili | Add +293.8% | 0.82% | +0.62 |
| XLF SS Financial Select Sector | Add +722.9% | 0.64% | +0.56 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.55% | +0.55 |
| EWJ iShares MSCI Japan ETF | New | 0.53% | +0.53 |
| WMT Walmart Inc. | Add +19.8% | 2.27% | +0.52 |
| IEFA iShares Core MSCI Eafe ETF | Add +49.6% | 1.32% | +0.42 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Add +89.8% | 0.96% | +0.42 |
| DLR Digital Realty Trust Inc. | Add +595.2% | 0.30% | +0.25 |
| DOC Healthpeak Properties Inc. | New | 0.25% | +0.25 |
| ATO Atmos Energy Corp. | New | 0.21% | +0.21 |
| MUB iShares National Muni Bond E | Add +89.2% | 0.49% | +0.21 |
| AMT American Tower Corp. | Add +119.7% | 0.36% | +0.21 |
| IAU iShares Gold Trust | New | 0.20% | +0.20 |
| KO The Coca-Cola Co. | Add +233.5% | 0.28% | +0.20 |
| DGX Quest Diagnostics Inc. | Add +259.8% | 0.27% | +0.20 |
| JNJ Johnson & Johnson | Add +244.3% | 0.26% | +0.18 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | New | 0.16% | +0.16 |
| TMUS T-Mobile US Inc. | Add +58.4% | 0.37% | +0.15 |
| SLG SL Green Realty Corp. | New | 0.14% | +0.14 |
| PWR Quanta Services Inc. | Add +242.6% | 0.18% | +0.13 |
| AGNC AGNC Investment Corp. | New | 0.12% | +0.12 |
| PKG Packaging Corp. of America | New | 0.12% | +0.12 |
| WELL Welltower Inc. | New | 0.12% | +0.12 |
| IBM Intl Business Machines Corp. | Add +357.1% | 0.14% | +0.11 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +15.2% | 1.18% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +51.1% | 0.31% | +0.11 |
| ABBV Abbvie Inc. | Add +38.6% | 0.33% | +0.10 |
| MMM 3M Co. | Add +27.2% | 0.28% | +0.10 |
| GBIL Goldman Sachs Access Treasur | Add +26.1% | 0.76% | +0.10 |
| KDP Keurig Dr Pepper Inc. | New | 0.09% | +0.09 |
| BLK BlackRock Inc. | Add +100.8% | 0.16% | +0.09 |
| NEE Nextera Energy Inc. | Add +60.5% | 0.20% | +0.08 |
| WINN Harbor Long-Term Growers ETF | Add +339.9% | 0.11% | +0.08 |
| OSCV Opus Small Cap Value ETF | Add +7.3% | 1.41% | +0.08 |
| ORCL Oracle Corp. | Add +37.6% | 0.23% | +0.08 |
| SO The Southern Co. | Add +22.4% | 0.33% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +8.7% | 1.42% | +0.08 |
| QUS SS SPDR MSCI U Stratfact ETF | Add +122.9% | 0.14% | +0.07 |
| FIS Fidelity National Info Serv | New | 0.07% | +0.07 |
| META Meta Platforms Inc. Class A | Add +13.8% | 0.48% | +0.07 |
| T AT&T Inc. | Add +120.8% | 0.12% | +0.07 |
| OKE Oneok Inc. | Add +19.9% | 0.38% | +0.07 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +15.3% | 0.90% | +0.07 |
| CINF Cincinnati Financial Corp. | Add +62.6% | 0.16% | +0.06 |
| MCD McDonald's Corp. | New | 0.06% | +0.06 |
Notes & Other Activity Q2 2024 → Q3 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.2% | 447 | $569K |
| LUNRW Intuitive Machines Inc.-CW | *W EXP 99/99/999 | New | 67,266 | $169K |
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 |