DaveManuel.com · Institutional Ownership · 13F Holdings

TCFG Investment Advisors, LLC

Reported holdings as of Q3 2026, from 3 quarterly filings.

CIK

2121836

Reported value

$292.7M

Positions

288

Top 10 weight

28.1%

Filed

2026-10-20

Days after quarter end

Holdings

Download these holdings as CSV

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
APPLE INC	AAPL	$19.3M	58,046	6.60%	+0.96pp	3q	HELD
NVIDIA CORPORATION	NVDA	$15.8M	69,261	5.40%	+0.64pp	3q	-2.1%-$339.4K
FRANCO NEV CORP	FNV	$7.8M	32,618	2.65%	+0.42pp	3q	+2.4%+$183.3K
AMAZON COM INC	AMZN	$7.0M	28,047	2.39%	+0.13pp	3q	HELD
VANECK ETF TRUST	GDXJ	$6.3M	55,251	2.15%	+0.30pp	3q	-1.4%-$89.5K
ADVANCED MICRO DEVICES INC	AMD	$5.8M	9,479	1.98%	+0.10pp	3q	-1.3%-$74.0K
FIRST TR EXCHANGE-TRADED FD	GRID	$5.3M	29,689	1.80%	+0.03pp	3q	+8.3%+$403.6K
ANGEL OAK FUNDS TRUST	UYLD	$5.1M	100,633	1.74%	-0.02pp	3q	-2.0%-$104.2K
RBB FD INC	TBIL	$5.0M	100,447	1.71%	-2.15pp	3q	-56.3%-$6.5M
MICROSOFT CORP	MSFT	$4.8M	9,287	1.63%	+0.30pp	3q	-11.8%-$639.6K
AGNICO EAGLE MINES LTD	AEM	$4.4M	23,826	1.49%	+0.21pp	3q	-3.2%-$142.8K
EA SERIES TRUST	BOXX	$4.2M	35,599	1.44%	-0.01pp	3q	-2.9%-$125.5K
MICRON TECHNOLOGY INC	MU	$3.8M	3,574	1.30%	-0.11pp	3q	-1.5%-$58.6K
WHEATON PRECIOUS METALS CORP	WPM	$3.6M	26,971	1.23%	+0.25pp	3q	+4.1%+$140.4K
ALPHABET INC	GOOGL	$3.5M	10,045	1.18%	-0.05pp	3q	-1.2%-$43.7K
DIMENSIONAL ETF TRUST	DFAC	$3.4M	77,150	1.17%	+0.21pp	3q	+19.3%+$555.4K
FIRST TR EXCHANGE TRADED FD	RDVY	$3.2M	41,018	1.10%	-0.03pp	3q	-0.7%-$23.7K
VISA INC	V	$3.1M	8,516	1.05%	+0.02pp	3q	-3.9%-$123.6K
nan	RWL	$2.8M	21,764	0.96%	+0.02pp	3q	HELD
ALPHABET INC	GOOG	$2.8M	8,202	0.95%	-0.04pp	3q	-1.9%-$54.9K
FIRST TR EXCHANGE-TRADED FD	FTCS	$2.8M	29,708	0.95%	-0.01pp	3q	-2.0%-$58.2K
CHEVRON CORPORATION	CVX	$2.7M	13,460	0.94%	+0.19pp	3q	HELD
FIRST TR EXCHANGE-TRADED ALP	FEX	$2.7M	20,485	0.93%	-0.08pp	3q	-4.7%-$133.3K
ETF SER SOLUTIONS	BGIG	$2.5M	71,595	0.86%	-0.05pp	2q	-5.3%-$139.7K
BROADCOM INC	AVGO	$2.3M	6,602	0.79%	-0.07pp	3q	-2.2%-$52.7K
ENTERPRISE PRODS PARTNERS L	EPD	$2.3M	64,004	0.78%	-0.01pp	3q	+0.6%+$14.2K
GOLDMAN SACHS PHYSICAL GOLD	AAAU	$2.2M	54,260	0.76%	+0.38pp	3q	+91.1%+$1.1M
PALANTIR TECHNOLOGIES INC	PLTR	$2.1M	11,107	0.71%	+0.31pp	3q	+9.6%+$182.4K
INVESCO QQQ TR	QQQ	$2.0M	2,758	0.70%	+0.01pp	3q	HELD
SPROTT INC	SII	$2.0M	16,765	0.69%	+0.06pp	3q	+2.5%+$49.6K
DIMENSIONAL ETF TRUST	DGCB	$2.0M	37,743	0.67%	-0.25pp	3q	-24.4%-$631.8K
FIRST TR EXCHANGE-TRADED FD	FDD	$1.9M	101,153	0.66%	+0.03pp	3q	-0.9%-$17.6K
BERKSHIRE HATHAWAY INC DEL	BRKB	$1.9M	3,884	0.66%	flat	3q	-1.7%-$32.9K
DFA INVT DIMENSIONS GROUP IN	DXUV	$1.9M	28,509	0.65%	-	new	NEW
ALLIANCE RESOURCE PARTNERS L	ARLP	$1.9M	78,440	0.65%	+0.24pp	2q	+52.9%+$659.5K
CAMECO CORP	CCJ	$1.9M	21,550	0.64%	+0.01pp	3q	+18.4%+$290.3K
VANECK ETF TRUST	REMX	$1.8M	28,557	0.63%	-0.21pp	3q	+1.5%+$26.3K
NUCOR CORP	NUE	$1.8M	7,794	0.62%	+0.05pp	3q	+2.0%+$35.8K
FIRST TR EXCHANGE-TRADED FD	FVD	$1.8M	38,808	0.62%	-0.01pp	3q	HELD
CAPITAL GROUP CORE EQUITY ET	CGUS	$1.8M	40,104	0.61%	+0.01pp	3q	HELD
ALPS ETF TR	ENFR	$1.6M	44,683	0.56%	flat	3q	+3.1%+$49.5K
WISDOMTREE TR	DDWM	$1.6M	35,521	0.55%	+0.03pp	3q	+8.1%+$120.0K
META PLATFORMS INC	META	$1.6M	2,193	0.54%	+0.09pp	3q	-8.9%-$154.4K
FIRST TR EXCHNG TRADED FD VI	BUFR	$1.5M	41,168	0.53%	+0.02pp	3q	-0.9%-$14.5K
FIRST TR EXCHANGE-TRADED FD	LGOV	$1.5M	78,524	0.53%	-0.04pp	3q	HELD
FIRST TR EXCHANGE TRADED FD	FGD	$1.4M	43,134	0.49%	+0.02pp	3q	HELD
PACER FDS TR	PTLC	$1.4M	23,794	0.48%	+0.03pp	3q	+3.7%+$50.9K
FIRST TR EXCHANGE-TRADED FD	TDIV	$1.4M	12,102	0.47%	flat	3q	HELD
VANECK ETF TRUST	SMH	$1.3M	2,133	0.44%	-0.03pp	3q	HELD
J P MORGAN EXCHANGE TRADED F	JEPI	$1.3M	23,085	0.44%	+0.01pp	3q	+1.6%+$19.9K
HYCROFT MINING HOLDING CORP	HYMC	$1.3M	67,020	0.44%	-0.08pp	3q	+2.5%+$31.6K
FIRST TR EXCHANGE-TRADED FD	FDL	$1.3M	25,694	0.43%	+0.01pp	3q	HELD
NETFLIX INC.	NFLX	$1.2M	17,790	0.42%	flat	3q	HELD
ALPS ETF TR	AMLP	$1.2M	23,193	0.41%	+0.04pp	3q	+9.5%+$104.8K
STATE STR SPDR S&P 500 ETF T	SPY	$1.2M	1,575	0.41%	+0.01pp	3q	-1.0%-$12.2K
FIRST TR EXCHANGE-TRADED ALP	FTA	$1.2M	12,557	0.41%	-0.03pp	3q	-5.8%-$73.7K
FIRST TR EXCHANGE-TRADED FD	DDIV	$1.2M	26,960	0.40%	flat	3q	HELD
KINDER MORGAN INC DEL	KMI	$1.2M	39,003	0.40%	+0.04pp	3q	+16.4%+$165.9K
JPMORGAN CHASE & CO	JPM	$1.2M	3,544	0.40%	+0.01pp	3q	HELD
SPDR GOLD TR	GLD	$1.1M	3,001	0.39%	+0.03pp	3q	+2.6%+$28.9K
FIRST TR EXCHANGE-TRADED FD	KNG	$1.1M	22,959	0.38%	-0.01pp	3q	HELD
FIRST TR EXCHANGE-TRADED FD	LMBS	$1.1M	22,546	0.37%	-0.01pp	3q	-1.2%-$13.8K
MARVELL TECHNOLOGY INC	MRVL	$1.1M	4,124	0.37%	-0.02pp	3q	+4.9%+$50.5K
EXXONMOBIL HOLDINGS CORP	XOM	$1.1M	6,669	0.37%	-	new	NEW
FIRST TR EXCHNG TRADED FD VI	AFGR	$1.1M	27,860	0.36%	+0.02pp	3q	HELD
VANGUARD INDEX FDS	VOO	$1.1M	1,504	0.36%	-0.02pp	3q	-9.2%-$107.2K
FIRST TR EXCHANGE-TRADED FD	AIRR	$1.0M	10,141	0.36%	-0.10pp	3q	HELD
DELL TECHNOLOGIES INC	DELL	$1.0M	1,921	0.35%	+0.11pp	3q	+13.4%+$122.1K
SANDISK CORP	SNDK	$1.0M	589	0.35%	-0.05pp	2q	+12.0%+$109.6K
MERCK & CO INC	MRK	$1.0M	7,024	0.35%	+0.05pp	3q	HELD
CAPITAL GRP FIXED INCM ETF T	CGCP	$1.0M	47,278	0.34%	-0.03pp	3q	-5.4%-$57.3K
DISNEY WALT CO	DIS	$991.1K	9,449	0.34%	+0.10pp	3q	+30.5%+$231.7K
DIMENSIONAL ETF TRUST	DFIC	$990.0K	26,323	0.34%	-0.02pp	3q	-8.0%-$85.7K
JOHNSON & JOHNSON	JNJ	$987.0K	3,728	0.34%	+0.02pp	3q	HELD
COSTCO WHOLESALE CORPORATION	COST	$973.3K	1,069	0.33%	flat	3q	HELD
SPROTT FDS TR	COPP	$969.1K	23,225	0.33%	+0.14pp	2q	+56.9%+$351.6K
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$956.6K	2,097	0.33%	-0.03pp	3q	-5.8%-$59.3K
NEBIUS GROUP N.V.	NBIS	$947.5K	4,017	0.32%	+0.06pp	3q	+40.8%+$274.8K
CARLISLE COS INC	CSL	$947.5K	2,941	0.32%	-0.04pp	3q	HELD
KLA CORP	KLAC	$944.4K	4,845	0.32%	-0.17pp	3q	HELD
GE VERNOVA INC	GEV	$930.5K	979	0.32%	-0.06pp	3q	+3.7%+$33.3K
ELI LILLY & CO	LLY	$925.0K	799	0.32%	flat	3q	+3.2%+$28.9K
FIRST TR EXCHANGE-TRADED FD	MDIV	$918.0K	58,010	0.31%	-0.01pp	3q	HELD
PGIM ETF TR	PULS	$916.0K	18,520	0.31%	-	new	NEW
FIRST TR EXCHANGE TRADED FD	FXL	$913.2K	4,132	0.31%	-0.01pp	3q	-7.0%-$68.5K
FIRST TR EXCHANGE-TRADED FD	EMLP	$912.8K	22,269	0.31%	-0.02pp	3q	-1.7%-$15.6K
INVESCO EXCHANGE TRADED FD T	RSPT	$905.0K	13,741	0.31%	+0.01pp	3q	-1.3%-$11.8K
PALO ALTO NETWORKS INC	PANW	$897.1K	2,258	0.31%	+0.07pp	3q	+11.3%+$91.4K
PROCTER & GAMBLE CO	PG	$895.1K	6,161	0.31%	+0.01pp	3q	+2.5%+$21.8K
CAPITAL GROUP INTERNATIONAL	CGIC	$879.0K	24,431	0.30%	-0.01pp	3q	-2.1%-$18.4K
FIRST TR EXCHANGE-TRADED ALP	FYX	$870.9K	6,471	0.30%	-0.06pp	3q	-10.9%-$106.9K
FIRST TR EXCHANGE-TRADED FD	FTSL	$865.5K	19,418	0.30%	flat	3q	-1.7%-$15.2K
PACER FDS TR	PTNQ	$861.6K	9,660	0.29%	flat	3q	-1.3%-$11.1K
SPDR SERIES TRUST	BILS	$843.4K	8,490	0.29%	flat	3q	-1.0%-$8.9K
SELECT SECTOR SPDR TR	XLK	$831.9K	4,250	0.28%	+0.02pp	3q	+3.3%+$26.4K
ANNALY CAPITAL MANAGEMENT IN	NLY	$826.5K	43,757	0.28%	+0.06pp	3q	+47.4%+$265.8K
PACER FDS TR	COWZ	$817.0K	12,154	0.28%	+0.02pp	3q	HELD
SPACE EXPLORATION TECHN CORP	SPCX	$808.0K	5,356	0.28%	+0.19pp	2q	+264.1%+$586.1K
PIMCO ETF TR	MINT	$800.7K	7,986	0.27%	-0.01pp	3q	-4.7%-$39.6K
FIRST TR EXCHANGE-TRADED FD	RDVI	$786.4K	28,208	0.27%	flat	3q	+5.3%+$39.7K
CAPITAL GROUP GROWTH ETF	CGGR	$776.2K	16,365	0.27%	flat	3q	HELD
CONAGRA BRANDS INC	CAG	$774.7K	57,641	0.26%	+0.04pp	3q	+15.6%+$104.7K
ISHARES TR	MTUM	$761.7K	2,400	0.26%	-0.02pp	3q	HELD
PACER FDS TR	GCOW	$760.0K	16,983	0.26%	+0.02pp	3q	+1.6%+$12.3K
TESLA INC	TSLA	$746.0K	2,103	0.25%	-0.05pp	3q	-1.4%-$10.6K
ISHARES TR	IWD	$743.6K	2,997	0.25%	+0.03pp	3q	+11.5%+$76.7K
ISHARES TR	IWF	$734.0K	5,848	0.25%	+0.02pp	3q	+7.6%+$51.7K
CAPITAL GRP FIXED INCM ETF T	CGSD	$728.0K	28,831	0.25%	-0.01pp	3q	-2.4%-$18.3K
FIRST TR EXCHANGE-TRADED FD	ACYN	$708.0K	33,941	0.24%	+0.14pp	2q	+133.6%+$405.0K
VALERO ENERGY CORP	VLO	$699.2K	1,804	0.24%	+0.08pp	3q	-2.9%-$20.5K
ALBEMARLE CORP	ALBPRA	$678.9K	14,875	0.23%	-0.05pp	3q	HELD
PROSPECT CAP CORP	PSEC	$662.8K	318,674	0.23%	-0.03pp	3q	-3.5%-$24.0K
CATERPILLAR INC	CAT	$657.7K	811	0.22%	-0.06pp	3q	+1.6%+$10.5K
FIRST TR EXCHANGE TRADED FD	EDOW	$654.5K	14,781	0.22%	-0.01pp	3q	-6.5%-$45.3K
J P MORGAN EXCHANGE TRADED F	JEPQ	$648.7K	10,647	0.22%	+0.04pp	3q	+20.5%+$110.2K
MASTERCARD INCORPORATED	MA	$641.3K	1,163	0.22%	+0.02pp	3q	HELD
ISHARES GOLD TR	IAU	$634.2K	8,120	0.22%	-0.01pp	3q	-10.6%-$75.4K
ISHARES TR	IJS	$632.2K	4,903	0.22%	-0.01pp	3q	-1.8%-$11.7K
PUTNAM ETF TRUST	FTCA	$616.8K	90,045	0.21%	-0.01pp	3q	HELD
FIRST TR EXCHNG TRADED FD VI	BUFG	$605.1K	20,238	0.21%	+0.01pp	3q	HELD
FIRST TR EXCHANGE-TRADED FD	SDVY	$598.7K	14,753	0.20%	-0.03pp	3q	-9.5%-$62.7K
First Trust Excnge Trd AlphaDE	FYT	$592.4K	8,861	0.20%	-0.01pp	3q	-1.8%-$11.0K
GE AEROSPACE	GE	$592.3K	1,897	0.20%	-0.04pp	3q	-3.0%-$18.4K
ISHARES TR	IVV	$591.7K	772	0.20%	+0.04pp	3q	+19.7%+$97.3K
DIMENSIONAL ETF TRUST	DXIV	$583.1K	8,098	0.20%	-	new	NEW
BANK OF AMER CORP	BAC	$581.0K	10,675	0.20%	flat	3q	+0.9%+$4.9K
VANGUARD INDEX FDS	VUG	$574.1K	6,371	0.20%	+0.02pp	3q	+2.6%+$14.3K
ISHARES TR	IWM	$570.5K	2,053	0.19%	-0.01pp	2q	HELD
INVESCO EXCHANGE TRADED FD T	SPHQ	$570.3K	6,783	0.19%	-0.02pp	3q	-3.4%-$19.8K
CAPITAL GROUP CORE BALANCED	CGBL	$556.3K	15,138	0.19%	+0.03pp	3q	+20.5%+$94.7K
EATON CORP PLC	ETN	$550.5K	1,281	0.19%	flat	3q	HELD
FIRST TR EXCHANGE-TRADED FD	FTDS	$539.9K	8,765	0.18%	flat	3q	-0.9%-$4.9K
INTEL CORP	INTC	$539.2K	4,485	0.18%	-0.02pp	3q	+3.6%+$18.9K
FIRST TR EXCHANGE-TRADED FD	FPX	$536.7K	3,012	0.18%	-0.04pp	3q	-6.8%-$39.2K
CELESTICA INC	CLS	$533.9K	1,473	0.18%	-0.02pp	3q	-9.2%-$54.4K
FIRST TR EXCH TRADED FD III	FPE	$530.2K	31,099	0.18%	-0.01pp	3q	-0.8%-$4.5K
ISHARES TR	QUAL	$518.5K	2,331	0.18%	flat	3q	HELD
SK HYNIX INC	SKHY	$517.5K	2,810	0.18%	-	new	NEW
EXCHANGE TRADED CONCEPTS TRU	NUKZ	$504.1K	8,370	0.17%	flat	3q	+13.6%+$60.2K
WISDOMTREE TR	GDMN	$503.0K	6,060	0.17%	-	new	NEW
BLUEROCK PVT REAL ESTATE FD	BPRE	$496.2K	39,571	0.17%	-0.02pp	3q	-9.0%-$48.8K
WALMART INC	WMT	$494.0K	4,754	0.17%	-0.01pp	3q	HELD
ORACLE CORP	ORCL	$492.1K	3,584	0.17%	-0.05pp	3q	-17.3%-$102.8K
PEMBINA PIPELINE CORP	PBA	$490.8K	11,010	0.17%	flat	3q	HELD
AMGEN INC	AMGN	$488.4K	1,159	0.17%	+0.03pp	3q	HELD
HELMERICH & PAYNE INC	HP	$464.5K	12,506	0.16%	-0.10pp	3q	-46.0%-$395.4K
CREDO TECHNOLOGY GROUP HOLDI	CRDO	$462.0K	2,372	0.16%	-0.05pp	2q	+3.6%+$16.2K
VANGUARD SCOTTSDALE FDS	VCSH	$460.6K	5,963	0.16%	flat	3q	HELD
ABRDN SILVER ETF TRUST	SIVR	$459.3K	8,015	0.16%	-0.04pp	3q	-21.1%-$122.8K
ENERGY TRANSFER L P	ET	$456.6K	23,097	0.16%	-0.02pp	3q	-14.7%-$78.7K
TEMA ETF TRUST	VOLT	$455.2K	12,849	0.16%	-0.03pp	3q	HELD
CAPITAL GROUP DIVIDEND VALUE	CGDV	$447.3K	9,158	0.15%	+0.02pp	3q	+13.6%+$53.4K
FIRST TR EXCH TRD ALPHDX FD	FEP	$445.5K	7,898	0.15%	-0.01pp	3q	-5.2%-$24.3K
CEREBRAS SYSTEMS INC	CBRS	$438.8K	2,470	0.15%	+0.03pp	2q	+48.3%+$143.0K
CONSTELLATION ENERGY CORP	CEG	$435.6K	1,715	0.15%	+0.01pp	3q	HELD
GENERAL MTRS CO	GM	$431.8K	5,608	0.15%	flat	3q	HELD
DIMENSIONAL ETF TRUST	DFEM	$431.5K	10,863	0.15%	flat	3q	+0.6%+$2.5K
SPROTT FDS TR	SETM	$431.1K	14,715	0.15%	+0.01pp	2q	+15.3%+$57.1K
ARISTA NETWORKS INC	ANET	$430.2K	2,113	0.15%	+0.02pp	3q	-2.4%-$10.8K
BLOOM ENERGY CORP	BE	$419.9K	1,516	0.14%	-	new	NEW
NEXGEN ENERGY LTD	NXE	$416.2K	45,550	0.14%	+0.06pp	3q	+80.0%+$185.0K
BANK OF AMER CORP	BACPRL	$415.1K	340	0.14%	flat	3q	HELD
VERIZON COMMUNICATIONS INC	VZ	$412.1K	8,983	0.14%	-0.01pp	3q	-14.3%-$68.8K
MORGAN STANLEY	MS	$407.9K	2,169	0.14%	-0.01pp	3q	-0.6%-$2.4K
FIRST TR EXCHANGE-TRADED ALP	FNX	$407.6K	3,022	0.14%	-0.03pp	3q	-10.6%-$48.6K
VANGUARD BD INDEX FDS	BIV	$405.7K	5,568	0.14%	flat	3q	+1.1%+$4.4K
ISHARES TR	IGSB	$403.0K	7,867	0.14%	flat	3q	HELD
ABRDN ETFS	BCI	$402.0K	15,539	0.14%	+0.02pp	3q	HELD
RTX CORPORATION	RTX	$400.0K	2,155	0.14%	-0.03pp	3q	-17.0%-$81.7K
JACKSON FINANCIAL INC	JXN	$398.0K	3,078	0.14%	+0.02pp	3q	-8.9%-$38.8K
CAPITAL GROUP GLOBAL EQUITY	CGGE	$396.9K	11,403	0.14%	+0.02pp	3q	+21.5%+$70.3K
CAMBRIA ETF TR	GVAL	$396.3K	10,474	0.14%	+0.01pp	2q	HELD
PIMCO ETF TR	HYS	$393.5K	4,349	0.13%	flat	3q	HELD
IES HOLDINGS INC	IESC	$387.2K	1,206	0.13%	-0.02pp	3q	HELD
ALTRIA GROUP INC	MO	$376.0K	5,584	0.13%	flat	3q	+3.8%+$13.9K
UBER TECHNOLOGIES INC	UBER	$374.8K	5,470	0.13%	+0.02pp	3q	+17.7%+$56.5K
ISHARES TR	EUFN	$374.1K	9,405	0.13%	flat	3q	HELD
RBB FUND TRUST	COPY	$365.8K	23,875	0.12%	+0.04pp	3q	+31.9%+$88.5K
ALPS ETF TR	SDOG	$363.8K	5,333	0.12%	flat	3q	HELD
PEPSICO INC	PEP	$361.4K	2,852	0.12%	-0.01pp	3q	HELD
VANGUARD WELLINGTON FD	VTES	$360.5K	3,656	0.12%	flat	3q	HELD
MIDCAP FINANCIAL INVSTMNT CO	MFIC	$359.8K	41,163	0.12%	-0.01pp	3q	+1.7%+$6.0K
FIRST TR EXCHANGE-TRADED FD	FTSM	$357.7K	6,011	0.12%	flat	3q	-1.6%-$5.8K
CORNING INC	GLW	$357.2K	2,323	0.12%	-0.25pp	3q	-46.5%-$310.6K
VANECK ETF TRUST	PFXF	$351.9K	20,084	0.12%	flat	3q	HELD
EA SERIES TRUST	FRDM	$347.5K	4,967	0.12%	flat	2q	HELD
FIRST TR EXCHANGE-TRADED ALP	FAB	$346.2K	3,507	0.12%	flat	3q	-2.6%-$9.4K
RYDER SYS INC	R	$344.1K	1,510	0.12%	-0.02pp	3q	-0.6%-$2.1K
AT&T INC	T	$339.3K	13,905	0.12%	+0.02pp	3q	+3.4%+$11.0K
HOME DEPOT INC	HD	$334.4K	1,176	0.11%	-0.03pp	3q	HELD
CAMBRIA ETF TR	SYLD	$334.0K	4,121	0.11%	flat	3q	HELD
ONEOK INC NEW	OKE	$332.3K	3,897	0.11%	-	new	NEW
INVESCO EXCHANGE TRADED FD T	PNQI	$331.4K	6,532	0.11%	+0.01pp	3q	-0.8%-$2.6K
BOEING CO	BA	$329.0K	1,768	0.11%	-0.02pp	3q	HELD
VANGUARD INDEX FDS	VTI	$325.2K	869	0.11%	+0.02pp	3q	+17.8%+$49.0K
J P MORGAN EXCHANGE TRADED F	HOLA	$324.3K	5,888	0.11%	+0.01pp	3q	+11.9%+$34.4K
LOCKHEED MARTIN CORP	LMT	$323.1K	634	0.11%	flat	3q	-0.9%-$3.1K
J P MORGAN EXCHANGE TRADED F	HELO	$322.2K	4,657	0.11%	+0.04pp	3q	+44.9%+$99.9K
ISHARES TR	ITA	$321.3K	1,551	0.11%	-0.02pp	3q	-3.1%-$10.4K
CISCO SYS INC	CSCO	$316.1K	2,937	0.11%	flat	2q	+3.3%+$10.2K
MSC INCOME FUND INC	MSIF	$315.6K	26,901	0.11%	-0.01pp	3q	-14.0%-$51.4K
ISHARES TR	STIP	$314.4K	3,153	0.11%	+0.01pp	3q	+7.6%+$22.3K
VERTIV HOLDINGS CO	VRT	$312.5K	1,295	0.11%	-0.03pp	3q	+4.0%+$12.1K
ISHARES U S ETF TR	COMT	$311.8K	8,365	0.11%	+0.02pp	3q	HELD
SPDR SERIES TRUST	SPYG	$311.5K	2,531	0.11%	+0.02pp	3q	+14.0%+$38.3K
FIRST TR EXCHNG TRADED FD VI	FIXD	$310.6K	7,526	0.11%	-0.02pp	3q	-12.9%-$46.0K
APPLOVIN CORP	APP	$301.2K	1,037	0.10%	-0.22pp	3q	-44.9%-$245.7K
SCHWAB STRATEGIC TR	SCHD	$297.0K	9,130	0.10%	+0.01pp	3q	+1.6%+$4.6K
ROBINHOOD MKTS INC	HOOD	$294.9K	2,621	0.10%	+0.02pp	3q	+8.0%+$21.9K
FORD MTR CO	F	$294.3K	24,406	0.10%	flat	3q	+14.1%+$36.3K
EA SERIES TRUST	BUXX	$293.5K	14,561	0.10%	-0.19pp	3q	-65.9%-$568.0K
CAPITAL GROUP DIVIDEND GROWE	CGDG	$292.4K	7,895	0.10%	+0.02pp	2q	+22.5%+$53.7K
CAPITAL GROUP GBL GROWTH EQT	CGGO	$291.5K	7,329	0.10%	+0.01pp	2q	+19.8%+$48.1K
FIRST TR EXCHNG TRADED FD VI	DSEP	$287.2K	5,876	0.10%	flat	3q	HELD
GLOBAL X FDS	COPX	$286.7K	3,385	0.10%	-0.05pp	3q	-39.0%-$183.0K
SPROTT ASSET MANAGEMENT LP	CEF	$286.6K	6,900	0.10%	flat	3q	HELD
SCHWAB STRATEGIC TR	SCHV	$283.4K	8,508	0.10%	flat	3q	HELD
ISHARES TR	TIP	$281.7K	2,708	0.10%	flat	3q	HELD
BANK FIRST CORP	BFC	$278.6K	1,872	0.10%	flat	3q	-5.5%-$16.4K
FIDELITY MERRIMACK STR TR	FBND	$273.7K	6,322	0.09%	flat	3q	+7.0%+$17.8K
ETFS GOLD TR	SGOL	$272.9K	6,899	0.09%	flat	3q	HELD
GAMCO GLOBAL GOLD NAT RES &	GGN	$270.5K	51,240	0.09%	+0.01pp	3q	+2.0%+$5.3K
MP MATERIALS CORP	MP	$270.3K	5,715	0.09%	-0.03pp	3q	-14.1%-$44.5K
SEMTECH CORP	SMTC	$267.5K	1,500	0.09%	-	new	NEW
INVESCO EXCH TRADED FD TR II	SPLV	$264.4K	3,749	0.09%	flat	3q	HELD
FIRST TR EXCHNG TRADED FD VI	DEED	$261.9K	12,923	0.09%	-0.01pp	3q	-4.9%-$13.6K
KRAFT HEINZ CO	KHC	$261.8K	11,525	0.09%	flat	3q	HELD
COCA COLA CO	KO	$261.4K	3,036	0.09%	+0.01pp	3q	HELD
SEAGATE TECHNOLOGY HLDNGS PL	STX	$261.0K	283	0.09%	flat	2q	+7.2%+$17.5K
ISHARES TR	IEF	$260.6K	2,918	0.09%	flat	3q	-0.9%-$2.3K
OR ROYALTIES INC.	OR	$259.2K	7,540	0.09%	-	new	NEW
EQT Corp	EQT	$256.2K	5,275	0.09%	-	new	NEW
ISHARES TR	SOXX	$255.9K	450	0.09%	-0.01pp	2q	HELD
MORGAN STANLEY ETF TRUST	EVTR	$253.0K	5,240	0.09%	flat	2q	HELD
ABRDN PRECIOUS METALS BASKET	GLTR	$250.0K	1,342	0.09%	flat	3q	HELD
FIRST TR EXCHANGE-TRADED ALP	FAD	$249.6K	1,377	0.09%	-0.02pp	3q	-8.8%-$24.1K
VANGUARD INDEX FDS	VTV	$247.8K	1,147	0.08%	flat	3q	+5.1%+$12.1K
FIRST TR EXCHNG TRADED FD VI	XISE	$247.7K	8,182	0.08%	flat	3q	+1.3%+$3.2K
EMERSON ELEC CO	EMR	$246.5K	1,589	0.08%	+0.01pp	3q	HELD
BARON ETF TR	BCGD	$245.3K	9,340	0.08%	-	new	NEW
NANO NUCLEAR ENERGY INC	NNE	$240.5K	15,175	0.08%	-0.04pp	2q	-14.1%-$39.6K
STATE STR SPDR DOW JONES IND	DIA	$240.4K	473	0.08%	flat	3q	HELD
BLACKROCK ETF TRUST II	BINC	$239.9K	4,723	0.08%	flat	3q	HELD
PACER FDS TR	PTMC	$239.4K	6,122	0.08%	-0.01pp	3q	-8.3%-$21.7K
FIRST TR EXCHNG TRADED FD VI	FNOV	$239.1K	3,975	0.08%	flat	3q	HELD
GLOBAL X FDS	SHLD	$238.7K	3,973	0.08%	flat	3q	-7.6%-$19.6K
CAPITAL GROUP EQUITY ETF TR	CGMM	$236.4K	7,636	0.08%	+0.01pp	2q	+20.3%+$39.9K
THE CIGNA GROUP	CI	$234.4K	863	0.08%	flat	3q	HELD
ROSS STORES INC	ROST	$234.2K	1,003	0.08%	-	new	NEW
SPROTT ASSET MANAGEMENT LP	PSLV	$231.6K	11,955	0.08%	flat	3q	HELD
DTE ENERGY CO	DTE	$231.1K	1,897	0.08%	flat	3q	+24.3%+$45.2K
PARKER HANNIFIN CORP	PH	$228.3K	239	0.08%	flat	3q	HELD
J P MORGAN EXCHANGE TRADED F	JIRE	$226.4K	2,784	0.08%	-	new	NEW
DIMENSIONAL ETF TRUST	DFSD	$224.4K	4,829	0.08%	-0.01pp	3q	-14.4%-$37.7K
ISHARES SILVER TR	SLV	$223.4K	4,099	0.08%	flat	3q	HELD
BITWISE BITCOIN ETF TR	BITB	$222.6K	4,908	0.08%	-	new	NEW
VANGUARD WORLD FD	VGT	$222.1K	1,767	0.08%	-	new	NEW
AXON ENTERPRISE INC	AXON	$221.4K	524	0.08%	-0.03pp	3q	-5.6%-$13.1K
ABBVIE INC	ABBV	$221.1K	845	0.08%	flat	2q	-2.0%-$4.4K
CAPITAL GRP FIXED INCM ETF T	CGUI	$218.8K	8,688	0.07%	flat	3q	HELD
INVESCO EXCH TRADED FD TR II	IFLN	$217.0K	12,443	0.07%	flat	3q	HELD
PACCAR INC	PCAR	$216.4K	1,971	0.07%	-0.01pp	2q	HELD
ETFIS SER TR I	NFLT	$216.4K	9,797	0.07%	flat	3q	HELD
FIRST TR EXCHANGE-TRADED ALP	FTC	$211.9K	1,194	0.07%	-0.05pp	3q	-37.8%-$129.0K
LOEWS CORP	L	$208.9K	2,000	0.07%	flat	3q	HELD
COLUMBIA ETF TR I	RECS	$208.6K	4,626	0.07%	flat	2q	-0.8%-$1.8K
EATON VANCE TAX-MANAGED BUY-	ETV	$208.5K	13,975	0.07%	-0.01pp	3q	-10.4%-$24.1K
BWX TECHNOLOGIES INC	BWXT	$206.0K	1,504	0.07%	-0.02pp	3q	+6.0%+$11.6K
NUSHARES ETF TR	NUBD	$204.7K	9,680	0.07%	flat	3q	HELD
DIMENSIONAL ETF TRUST	DFEV	$203.3K	4,794	0.07%	flat	2q	-6.0%-$12.9K
CAPITAL GROUP CONSERVATIVE E	CGCV	$203.1K	6,332	0.07%	flat	2q	+1.8%+$3.6K
VANGUARD INDEX FDS	VO	$202.5K	2,582	0.07%	flat	2q	+1.0%+$2.0K
T MOBILE US INC	TMUS	$201.1K	1,233	0.07%	flat	3q	HELD
VANGUARD TAX-MANAGED FDS	VEA	$200.1K	2,839	0.07%	-	new	NEW
ELEMENTAL RTY CORP	ELE	$191.0K	10,000	0.07%	+0.01pp	2q	HELD
ALMONTY INDS INC	ALM	$181.9K	13,825	0.06%	-	new	NEW
HORIZON FDS	AFIF	$167.2K	18,135	0.06%	-	new	NEW
VERSAMET ROYALTIES CORP	VMET	$143.6K	16,281	0.05%	-	new	NEW
EQUINOX GOLD CORP	EQX	$138.0K	12,400	0.05%	-	new	NEW
FS KKR CAP CORP	FSK	$118.7K	10,800	0.04%	flat	3q	-3.8%-$4.7K
INVESCO CALIF VALUE MUN INCO	VCV	$118.4K	13,181	0.04%	-0.01pp	3q	-2.0%-$2.5K
ANGEL OAK FUNDS TRUST	AOHY	$111.3K	10,432	0.04%	flat	3q	HELD
FS CREDIT OPPORTUNITIES CORP	FSCO	$98.7K	19,120	0.03%	flat	3q	+4.9%+$4.6K
OPPFI INC	OPFI	$90.6K	15,024	0.03%	-0.02pp	3q	HELD
STEREOTAXIS INC	STXS	$50.4K	41,015	0.02%	-0.02pp	3q	-40.6%-$34.4K
NUVEEN CR STRATEGIES INCOME	JQC	$47.5K	10,000	0.02%	flat	3q	HELD
NORTHERN DYNASTY MINERALS LT	NAK	$36.4K	26,600	0.01%	flat	3q	HELD
HAPPY CITY HLDGS LTD	HCHL	$0	261,000	0.00%	-0.35pp	2q	HELD

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Semiconductors & Electronics	$35.0M	12.0%
Mining & Metals	$24.5M	8.4%
Computer Hardware	$23.3M	8.0%
Software & IT Services	$17.2M	5.9%
Energy	$10.0M	3.4%
Retail & Consumer	$9.0M	3.1%
Capital Markets	$6.6M	2.3%
Business Services	$4.4M	1.5%
Other sectors	$29.6M	10.1%
Not classified	$132.9M	45.4%

What the disclosed book did

This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.

Quarter	Book	Market	Difference	Priced
Q3 2026	+1.1%	+2.1%	-1.0%	99%
Q2 2026	+7.8%	+14.8%	-7.1%	100%

Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q3 2026	$292.7M	288	21	83	95	32	28.1%	20
Q2 2026	$296.8M	299	43	110	67	18	27.5%	17
Q1 2026	$267.5M	274	0	0	0	0	30.5%	36

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.