Capital Squared Financial LLC

CIK 2128691 · View on SEC EDGAR ↗

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

Top 10 holdings weight43.18%

Top 25 holdings weight68.37%

Positions above 1%37

Effective number of positions33.0

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 positions5

Increased52

Decreased26

Closed3

Portfolio value $153.0M #7,378 of 9,337 by 13F value · top 79.0%

Positions 87

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Technology 6.7%

Financials 2.7%

Communication Services 2.1%

Retail 1.5%

Consumer products 0.6%

Consumer Staples 0.6%

Industrials 0.6%

Utilities 0.4%

Healthcare 0.4%

Energy 0.2%

Consumer Discretionary 0.2%

Other/Unmapped 84.0%

Full portfolio 87 positions

					Streak
SCHV SCHWAB STRATEGIC TRUST	$11,402,657	7.45%	327,568	$1,563,364	Up ×4
SCHX SCHWAB STRATEGIC TRUST	$10,983,708	7.18%	373,215	$1,442,603	Up ×1
SCHG SCHWAB STRATEGIC TRUST	$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 Vanguard Morningstar Growth ETF	$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 Vanguard Morningstar Large-Cap ETF	$4,102,359	2.68%	11,929	$523,093	Down ×1
IJH iShares Trust	$4,009,811	2.62%	52,001	$471,625	Down ×2
VGK Vanguard FTSEEuropean ETF	$3,506,973	2.29%	39,609	$417,348	Up ×4
IJR iShares Trust	$3,286,028	2.15%	22,156	$521,755	Down ×1
IWS iShares Russell Mid-Cap Value ETF	$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 iShares Trust	$2,875,747	1.88%	104,916	$304,539	Up ×4
DYNF BlackRock ETF Trust	$2,814,599	1.84%	41,385	$549,639	Up ×4
SCHD SCHWAB STRATEGIC TRUST	$2,807,887	1.84%	88,549	$374,223	Up ×4
SCHM SCHWAB STRATEGIC TRUST	$2,786,836	1.82%	75,585	$696,822	Up ×4
IJS iShares S&P SmallCap 600 Value ETF	$2,713,433	1.77%	19,852	$353,615	Down ×1
VTV Vanguard Morningstar Value ETF	$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 Vanguard High Dividend Yield ETF	$2,313,709	1.51%	14,641	$517,098	Up ×4
MDYG SPDR SERIES TRUST	$2,218,088	1.45%	19,788	$307,232	Down ×1
SCHA SCHWAB STRATEGIC TRUST	$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 Vanguard Morningstar Small-Cap ETF	$2,059,230	1.35%	6,793	$306,740	Up ×4
MDYV SPDR SERIES TRUST	$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 Vanguard Morningstar Mid-Cap Growth ETF	$1,877,670	1.23%	6,130	$418,831	Up ×4
IWP iShares Russell Midcap Growth ETF	$1,857,904	1.21%	12,690	$237,382	Up ×1
VBR Vanguard Morningstar Small-Cap Value ETF	$1,658,292	1.08%	6,825	$215,910	Up ×4
IVV iShares Trust	$1,628,307	1.06%	2,174	$203,002	Down ×2
VGT Vanguard Information Tech ETF	$1,624,015	1.06%	13,588	$441,710	Up ×1
VIG Vanguard Div Appreciation ETF	$1,618,777	1.06%	6,841	$289,040	Up ×4
SLYG SPDR SERIES TRUST	$1,608,930	1.05%	13,506	$353,718	Up ×2
IQLT iShares Trust	$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 Vanguard Morningstar Small-Cap Growth ETF	$1,505,656	0.98%	4,117	$388,678	Up ×4
VO Vanguard Morningstar Mid-Cap ETF	$1,443,889	0.94%	17,921	$88,557	Up ×4
MGK VANGUARD WORLD FUND	$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 SPDR SERIES TRUST	$1,167,012	0.76%	10,696	$187,473	Up ×3
VEA Vanguard FTSE Developed Markets ETF	$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 iShares Trust	$726,130	0.47%	3,198	$52,927	Up ×4
VOE Vanguard Morningstar Mid-Cap Value ETF	$710,593	0.46%	3,596	$200,667	Up ×4
MTUM iShares Trust	$708,824	0.46%	2,068	$276,137	Up ×3
COST Costco Wholesale Corporation - Common Stock	$649,927	0.42%	695	$-42,804
VWO Vanguard FTSE Emerging Markets ETF	$648,444	0.42%	10,864	$233,228	Up ×1
IVW iShares S&P 500 Growth ETF	$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 AMERICAN CENTURY ETF TRUST	$599,584	0.39%	5,079	$-5,122	Down ×2
IAU iShares Gold Trust Shares	$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 iShares Trust	$386,942	0.25%	604	$155,708	Down ×1
VTI Vanguard Morningstar Total Stock Market ETF	$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 iShares Russell 3000 Fund	$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 iShares Trust	$335,230	0.22%	916	$37,754	Down ×1
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$332,759	0.22%	665	$50,989	Up ×2
VHT Vanguard Health Care ETF	$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 ProShares Trust	$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 Invesco Exchange-Traded Fund Trust	$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 State Street SPDR Portfolio S&P 600 Small Cap ETF	$241,812	0.16%	4,193	$39,928	Up ×1
SDY SPDR SERIES TRUST	$236,811	0.15%	1,556	$11,159	Up ×1
APH Amphenol Corporation Common Stock	$234,325	0.15%	1,329		Up ×1
IWM iShares Russell 2000 Index Fund	$231,732	0.15%	771		Up ×1
JNJ Johnson & Johnson Common Stock	$225,536	0.15%	888	$13,120	Up ×1
XLF SELECT SECTOR SPDR TRUST	$213,913	0.14%	3,990	$4,114	Down ×1
GEV GE Vernova Inc. Common Stock	$209,769	0.14%	179		Up ×1
IYH iShares U.S. Healthcare ETF	$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	25.7%
SHY	March 31, 2026	3,410	$282,394
TSLA	March 31, 2026	565	$254,092	-0.3%
GLDM	June 30, 2026	2,655	$246,092	3.3%
IAUM	June 30, 2026	4,566	$213,232
TBLL	Dec. 31, 2025	2,000	$211,280
VFH	June 30, 2026	1,722	$207,981