Capital Squared Financial LLC

CIK 2128691 · View on SEC EDGAR ↗

Portfolio value: $153.0M
Positions: 87
As of: June 30, 2026

Portfolio value QoQ: +16.8% 13F does not disclose cash

Top 10 holdings weight: 43.18%
Top 25 holdings weight: 68.37%
Positions above 1%: 37
Effective number of positions: 33.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 1.95% Est. buys $14,767,284 · sells $2,775,036

Median holding: 5.0 quarters Tracked Q2 2025–Q2 2026 · 92.6% still held

New positions: 5
Increased: 52
Decreased: 26
Closed: 3

On this page

Sector breakdown How the portfolio splits across market sectors.
Portfolio Every stock this institution reports holding, from its latest 13F.
High-conviction bets The holdings this manager is most concentrated in.
Biggest new bets Brand-new positions opened in the latest quarter.
Top moves The biggest position increases and decreases this quarter.
Exited positions Positions the manager fully sold out of last quarter.

Sector breakdown

Technology

6.7%

Financials

2.2%

Communication Services

1.7%

Retail

1.5%

Consumer products

0.6%

Consumer Staples

0.6%

Industrials

0.6%

Communications

0.4%

Utilities

0.4%

Healthcare

0.4%

Financial Services

0.4%

Energy

0.2%

Consumer Discretionary

0.2%

Other/Unmapped

84.2%

Full portfolio 87 positions

					Streak
SCHV	$11,402,657	7.45%	327,568	$1,563,364	Up ×4
SCHX	$10,983,708	7.18%	373,215	$1,442,603	Up ×1
SCHG	$10,745,356	7.03%	317,534	$1,584,099	Up ×1
QQQ Invesco QQQ Trust, Series 1	$9,601,269	6.28%	13,038	$2,064,580	Down ×2
VUG	$4,216,490	2.76%	48,949	$703,489	Up ×4
AAPL Apple Inc. - Common Stock	$4,186,480	2.74%	14,468	$519,522	Up ×2
VV	$4,102,359	2.68%	11,929	$523,093	Down ×1
IJH	$4,009,811	2.62%	52,001	$471,625	Down ×2
VGK	$3,506,973	2.29%	39,609	$417,348	Up ×4
IJR	$3,286,028	2.15%	22,156	$521,755	Down ×1
IWS	$3,061,529	2.00%	18,600	$331,628	Down ×2
NVDA NVIDIA Corporation - Common Stock	$3,054,403	2.00%	15,265	$378,006	Down ×3
HDV	$2,875,747	1.88%	104,916	$304,539	Up ×4
DYNF	$2,814,599	1.84%	41,385	$549,639	Up ×4
SCHD	$2,807,887	1.84%	88,549	$374,223	Up ×4
SCHM	$2,786,836	1.82%	75,585	$696,822	Up ×4
IJS	$2,713,433	1.77%	19,852	$353,615	Down ×1
VTV	$2,686,925	1.76%	12,329	$164,999	Down ×1
IJT iShares S&P SmallCap 600 Growth ETF	$2,600,383	1.70%	14,560	$475,871	Down ×1
VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund ETF Shares	$2,315,023	1.51%	46,088	$925,857	Up ×1
VYM	$2,313,709	1.51%	14,641	$517,098	Up ×4
MDYG	$2,218,088	1.45%	19,788	$307,232	Down ×1
SCHA	$2,122,945	1.39%	58,759	$553,540	Up ×2
VGIT Vanguard Intermediate-Term Treasury ETF	$2,102,332	1.37%	35,645	$-1,528,609	Down ×1
VB	$2,059,230	1.35%	6,793	$306,740	Up ×4
MDYV	$2,038,918	1.33%	21,496	$155,763	Down ×1
MSFT Microsoft Corporation - Common Stock	$1,928,898	1.26%	5,171	$14,068	Down ×1
BAC Bank of America Corporation Common Stock	$1,923,637	1.26%	33,760	$278,427	Up ×3
VOT	$1,877,670	1.23%	6,130	$418,831	Up ×4
IWP	$1,857,904	1.21%	12,690	$237,382	Up ×1
VBR	$1,658,292	1.08%	6,825	$215,910	Up ×4
IVV	$1,628,307	1.06%	2,174	$203,002	Down ×2
VGT	$1,624,015	1.06%	13,588	$441,710	Up ×1
VIG	$1,618,777	1.06%	6,841	$289,040	Up ×4
SLYG	$1,608,930	1.05%	13,506	$353,718	Up ×2
IQLT	$1,606,326	1.05%	32,418	$177,312	Up ×4
GOOG Alphabet Inc. - Class C Capital Stock	$1,604,133	1.05%	4,540	$328,571	Up ×3
VBK	$1,505,656	0.98%	4,117	$388,678	Up ×4
VO	$1,443,889	0.94%	17,921	$88,557	Up ×4
MGK	$1,377,012	0.90%	15,664	$147,155	Up ×1
JPM JP Morgan Chase & Co. Common Stock	$1,368,390	0.89%	4,180	$162,378	Up ×4
AMZN Amazon.com, Inc. - Common Stock	$1,252,238	0.82%	5,254	$160,487	Up ×1
SLYV	$1,167,012	0.76%	10,696	$187,473	Up ×3
VEA	$1,158,627	0.76%	16,261	$174,953	Up ×3
GOOGL Alphabet Inc. - Class A Common Stock	$923,597	0.60%	2,584	$174,211	Down ×3
TOL Toll Brothers, Inc. Common Stock	$872,190	0.57%	5,294	$151,094	Up ×2
IVE	$726,130	0.47%	3,198	$52,927	Up ×4
VOE	$710,593	0.46%	3,596	$200,667	Up ×4
MTUM	$708,824	0.46%	2,068	$276,137	Up ×3
COST Costco Wholesale Corporation - Common Stock	$649,927	0.42%	695	$-42,804
VWO	$648,444	0.42%	10,864	$233,228	Up ×1
IVW	$642,539	0.42%	4,672	$114,576	Up ×4
CSCO Cisco Systems, Inc. - Common Stock	$622,345	0.41%	5,298	$208,104	Down ×1
AMAT Applied Materials, Inc. - Common Stock	$603,390	0.39%	835	$314,489	Down ×2
QGRO	$599,584	0.39%	5,079	$-5,122	Down ×2
IAU	$544,503	0.36%	7,211	$-119,694	Down ×3
SPY SPY	$482,825	0.32%	647	$69,858	Up ×1
PM Philip Morris International Inc Common Stock	$474,581	0.31%	2,623	$41,672	Up ×1
GE GE Aerospace Common Stock	$462,842	0.30%	1,238	$134,923	Up ×3
WMT Walmart Inc. - Common Stock	$451,316	0.30%	3,985	$-42,809	Up ×4
AVGO Broadcom Inc. - Common Stock	$431,331	0.28%	1,142	$68,509	Down ×2
MO Altria Group, Inc.	$418,776	0.27%	5,820	$34,689
SOXX SOXX	$386,942	0.25%	604	$155,708	Down ×1
VTI	$381,484	0.25%	1,031	$43,629	Down ×4
AEP American Electric Power Company, Inc. - Common Stock	$375,493	0.25%	2,745	$18,021	Up ×4
IWV	$366,486	0.24%	859	$38,995	Down ×1
WMB Williams Companies, Inc. (The) Common Stock	$347,763	0.23%	4,678	$9,554	Up ×1
LLY Eli Lilly and Company Common Stock	$345,205	0.23%	288	$84,560	Up ×2
OEF	$335,230	0.22%	916	$37,754	Down ×1
BRKB	$332,759	0.22%	665	$50,989	Up ×2
VHT	$329,807	0.22%	1,103	$30,415	Up ×1
MAR Marriott International - Class A Common Stock	$309,919	0.20%	836	$36,444
NOBL	$303,985	0.20%	5,413		Up ×1
VXUS Vanguard Total International Stock ETF	$301,055	0.20%	3,522	$30,739	Up ×3
RSP	$291,708	0.19%	1,371	$28,586
SRE DBA Sempra Common Stock	$279,243	0.18%	3,012	$-12,267	Up ×1
V Visa Inc.	$277,842	0.18%	810	$-733	Down ×2
GS Goldman Sachs Group, Inc. (The) Common Stock	$260,339	0.17%	257	$43,524	Up ×1
SPSM	$241,812	0.16%	4,193	$39,928	Up ×1
SDY	$236,811	0.15%	1,556	$11,159	Up ×1
APH Amphenol Corporation Common Stock	$234,325	0.15%	1,329		Up ×1
IWM	$231,732	0.15%	771		Up ×1
JNJ Johnson & Johnson Common Stock	$225,536	0.15%	888	$13,120	Up ×1
XLF XLF	$213,913	0.14%	3,990	$4,114	Down ×1
GEV GE Vernova Inc. Common Stock	$209,769	0.14%	179		Up ×1
IYH	$204,721	0.13%	3,055		Up ×1
NEA Nuveen AMT-Free Quality Municipal Income Fund Common Shares of Beneficial Interest Par Value $.01	$137,959	0.09%	11,751	$8,315	Up ×1
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
SCHV	$11,402,657	7.45%	up ×4
VUG	$4,216,490	2.76%	up ×4
VGK	$3,506,973	2.29%	up ×4
HDV	$2,875,747	1.88%	up ×4
DYNF	$2,814,599	1.84%	up ×4
SCHD	$2,807,887	1.84%	up ×4
SCHM	$2,786,836	1.82%	up ×4
VYM	$2,313,709	1.51%	up ×4
VB	$2,059,230	1.35%	up ×4
BAC	$1,923,637	1.26%	up ×3
VOT	$1,877,670	1.23%	up ×4
VBR	$1,658,292	1.08%	up ×4
VIG	$1,618,777	1.06%	up ×4
IQLT	$1,606,326	1.05%	up ×4
GOOG	$1,604,133	1.05%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
NOBL	$303,985	5,413	0.20%
APH	$234,325	1,329	0.15%
IWM	$231,732	771	0.15%
GEV	$209,769	179	0.14%
IYH	$204,721	3,055	0.13%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
QQQ	Trimmed	-20	+$2.1M
SCHG	Bought more	+3K	+$1.6M
SCHV	Bought more	+5K	+$1.6M
VGIT	Trimmed	-25K	-$1.5M
SCHX	Bought more	+1K	+$1.4M
VTIP	Bought more	+18K	+$926K
VUG	Bought more	+41K	+$703K
SCHM	Bought more	+8K	+$697K
SCHA	Bought more	+5K	+$554K
DYNF	Bought more	+2K	+$550K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
CRM	March 31, 2026	1,159	$307,151	8.1%
SHY	March 31, 2026	3,410	$282,394
TSLA	March 31, 2026	565	$254,092	-9.0%
GLDM	June 30, 2026	2,655	$246,092	No longer tracked
IAUM	June 30, 2026	4,566	$213,232	No longer tracked
TBLL	Dec. 31, 2025	2,000	$211,280	No longer tracked
VFH	June 30, 2026	1,722	$207,981	No longer tracked