Capstone Financial Advisors, Inc.
CIK 1599217 · View on SEC EDGAR ↗
- Portfolio value
- $2.1B
- Positions
- 192
- As of
- June 30, 2026
#1,490 of 9,443 by 13F value · top 15.8%
Portfolio value QoQ: +10.5% 13F does not disclose cash
- Top 10 holdings weight
- 74.55%
- Top 25 holdings weight
- 91.70%
- Positions above 1%
- 18
- Effective number of positions
- 12.2
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.03% Est. buys $75,388,360 · sells $20,130,959
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 76.5% still held
- New positions
- 22
- Increased
- 94
- Decreased
- 53
- Closed
- 16
Put-notional exposure: 0.0% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
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
4.5%
Consumer Discretionary
2.9%
Financials
1.2%
Retail
0.8%
Industrials
0.6%
Healthcare
0.4%
Financial Services
0.3%
Communication Services
0.3%
Energy
0.2%
Consumer Staples
0.2%
Consumer products
0.1%
Telecommunication
0.1%
Communications
0.0%
Utilities
0.0%
Real Estate
0.0%
Materials
0.0%
Other/Unmapped
88.4%
Full portfolio 192 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| VTI | $365,895,170 | 17.82% | 988,799 | $54,910,303 | Up ×4 | ||
| IWB | $261,054,053 | 12.72% | 637,495 | $30,602,162 | Down ×6 | ||
| DFAC | $245,929,538 | 11.98% | 5,543,948 | $30,375,185 | Down ×1 | ||
| NFRA | $150,705,650 | 7.34% | 2,350,358 | $3,350,897 | Up ×6 | ||
| BND Vanguard Total Bond Market ETF | $134,539,066 | 6.55% | 1,832,708 | $4,053,662 | Up ×6 | ||
| VXUS Vanguard Total International Stock ETF | $98,623,083 | 4.80% | 1,153,621 | $9,958,191 | Up ×2 | ||
| IXUS iShares Core MSCI Total International Stock ETF | $86,977,190 | 4.24% | 911,328 | $8,453,485 | Up ×1 | ||
| DFAX | $75,279,016 | 3.67% | 2,043,404 | $5,108,076 | Down ×3 | ||
| IWF | $56,776,152 | 2.77% | 457,245 | $7,926,043 | Up ×1 | ||
| BNDX Vanguard Total International Bond ETF | $54,467,962 | 2.65% | 1,124,674 | $1,977,875 | Up ×1 | ||
| MCD McDonald's Corporation Common Stock | $52,219,182 | 2.54% | 193,183 | $-8,202,629 | Down ×6 | ||
| TLTD | $44,837,678 | 2.18% | 457,172 | $1,772,286 | Down ×6 | ||
| TILT | $43,697,965 | 2.13% | 158,287 | $4,226,433 | Down ×4 | ||
| AAPL Apple Inc. - Common Stock | $40,137,332 | 1.96% | 138,711 | $4,095,196 | Down ×3 | ||
| ITOT | $36,353,101 | 1.77% | 221,301 | $5,276,686 | Up ×3 | ||
| REET | $23,514,887 | 1.15% | 851,372 | $2,129,027 | Up ×6 | ||
| JPM JP Morgan Chase & Co. Common Stock | $20,862,316 | 1.02% | 63,735 | $1,443,858 | Down ×1 | ||
| NVDA NVIDIA Corporation - Common Stock | $20,531,914 | 1.00% | 102,613 | $2,748,187 | Up ×2 | ||
| AVRE | $14,755,783 | 0.72% | 311,435 | $823,238 | Down ×2 | ||
| MDY | $10,519,279 | 0.51% | 14,956 | $1,158,319 | Down ×6 | ||
| IWM | $10,407,015 | 0.51% | 34,638 | $1,708,887 | Down ×2 | ||
| VIG | $9,106,097 | 0.44% | 38,484 | $657,902 | Down ×6 | ||
| AMZN Amazon.com, Inc. - Common Stock | $8,896,242 | 0.43% | 37,326 | $791,864 | Down ×3 | ||
| AGG | $8,623,710 | 0.42% | 87,126 | $107,085 | Up ×1 | ||
| VONE Vanguard Russell 1000 ETF | $7,666,546 | 0.37% | 22,634 | $976,147 | Down ×1 | ||
| IGF iShares Global Infrastructure ETF | $7,469,164 | 0.36% | 112,150 | $-4,709 | Up ×1 | ||
| VTEB | $6,548,615 | 0.32% | 129,470 | $-1,729,850 | Down ×1 | ||
| IAGG | $6,388,431 | 0.31% | 126,254 | $143,758 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $6,188,485 | 0.30% | 16,590 | $188,353 | Up ×4 | ||
| VTWO Vanguard Russell 2000 ETF | $5,941,179 | 0.29% | 48,931 | $1,015,302 | Down ×2 | ||
| BRKA | $5,241,950 | 0.26% | 7 | $214,970 | |||
| CME CME Group Inc. - Class A Common Stock | $4,004,532 | 0.20% | 18,134 | $-1,346,436 | Up ×4 | ||
| MU Micron Technology, Inc. - Common Stock | $3,794,339 | 0.18% | 3,287 | $2,612,580 | Down ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $3,769,382 | 0.18% | 4,029 | $-229,725 | Up ×1 | ||
| DFAU | $3,479,046 | 0.17% | 67,306 | $819,900 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $3,428,978 | 0.17% | 9,595 | $674,697 | Up ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $3,148,658 | 0.15% | 17,039 | $954,651 | Up ×2 | ||
| RWO | $3,138,396 | 0.15% | 63,134 | $107,868 | Down ×1 | ||
| SPY SPY | $3,045,861 | 0.15% | 4,079 | $364,318 | Down ×3 | ||
| SBUX Starbucks Corporation - Common Stock | $2,981,244 | 0.15% | 29,174 | Up ×1 | |||
| CAT Caterpillar, Inc. Common Stock | $2,867,516 | 0.14% | 2,693 | $980,913 | Up ×1 | ||
| CBOE | $2,772,427 | 0.14% | 11,425 | $-347,553 | Up ×1 | ||
| DFAI | $2,621,187 | 0.13% | 63,544 | $42,909 | Down ×4 | ||
| TY Tri Continental Corporation Common Stock | $2,599,158 | 0.13% | 75,513 | $213,702 | |||
| QQQ Invesco QQQ Trust, Series 1 | $2,495,894 | 0.12% | 3,389 | $559,193 | Up ×1 | ||
| LRCX Lam Research Corporation - Common Stock | $2,474,155 | 0.12% | 5,710 | $1,411,583 | Up ×2 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $2,330,877 | 0.11% | 5,470 | $382,290 | Up ×1 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $2,186,546 | 0.11% | 3,764 | $1,688,752 | Up ×2 | ||
| AMAT Applied Materials, Inc. - Common Stock | $2,027,228 | 0.10% | 2,804 | $1,194,832 | Up ×1 | ||
| WMT Walmart Inc. - Common Stock | $1,974,739 | 0.10% | 17,435 | $-167,793 | Up ×1 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $1,883,988 | 0.09% | 3,345 | $151,875 | Up ×4 | ||
| INTC Intel Corporation - Common Stock | $1,879,077 | 0.09% | 13,458 | $1,255,628 | Down ×5 | ||
| XOM Exxon Mobil Corporation Common Stock | $1,828,614 | 0.09% | 13,375 | $-419,478 | Up ×1 | ||
| MUB | $1,662,502 | 0.08% | 15,448 | $-54,450 | Down ×2 | ||
| ALK Alaska Air Group, Inc. Common Stock | $1,576,754 | 0.08% | 30,206 | $515,025 | Up ×2 | ||
| KO Coca-Cola Company (The) Common Stock | $1,492,200 | 0.07% | 18,361 | $192,774 | Up ×4 | ||
| IBM International Business Machines Corporation Common Stock | $1,485,664 | 0.07% | 5,283 | $212,730 | Up ×2 | ||
| BRKB | $1,477,652 | 0.07% | 2,953 | $70,241 | Up ×1 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $1,417,089 | 0.07% | 23,571 | $70,318 | Down ×1 | ||
| LUMN Lumen Technologies, Inc. Common Stock | $1,384,597 | 0.07% | 180,286 | $131,609 | |||
| JNJ Johnson & Johnson Common Stock | $1,307,388 | 0.06% | 5,148 | $113,306 | Up ×4 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $1,253,255 | 0.06% | 1,642 | $632,112 | Up ×4 | ||
| JMST | $1,246,851 | 0.06% | 24,448 | $700,924 | Up ×2 | ||
| DFIC | $1,179,913 | 0.06% | 31,667 | $442,665 | Up ×1 | ||
| CI The Cigna Group Common Stock | $1,146,268 | 0.06% | 4,158 | $37,384 | Up ×1 | ||
| ADX Adams Diversified Equity Fund Inc. | $1,109,495 | 0.05% | 43,424 | $168,737 | Up ×6 | ||
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF | $1,102,262 | 0.05% | 17,935 | $372,057 | Up ×3 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,067,648 | 0.05% | 8,309 | $75,922 | Up ×1 | ||
| DRI Darden Restaurants, Inc. Common Stock | $1,026,642 | 0.05% | 4,983 | $50,133 | Up ×1 | ||
| VOO | $1,011,989 | 0.05% | 1,473 | $-814,938 | Down ×2 | ||
| IWV | $1,007,623 | 0.05% | 2,363 | $133,649 | Up ×6 | ||
| IVV | $986,558 | 0.05% | 1,317 | $81,012 | Down ×1 | ||
| ABBV AbbVie Inc. Common Stock | $984,817 | 0.05% | 3,914 | $145,563 | Up ×4 | ||
| FITB Fifth Third Bancorp - Common Stock | $980,698 | 0.05% | 17,398 | $177,339 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $878,961 | 0.04% | 2,488 | $242,819 | Up ×1 | ||
| DELL Dell Technologies Inc. Class C Common Stock | $865,923 | 0.04% | 2,007 | $517,829 | Down ×1 | ||
| LLY Eli Lilly and Company Common Stock | $857,745 | 0.04% | 715 | $281,436 | Up ×5 | ||
| GWW W.W. Grainger, Inc. Common Stock | $851,611 | 0.04% | 626 | $168,763 | |||
| GEV GE Vernova Inc. Common Stock | $845,519 | 0.04% | 720 | $243,212 | Up ×4 | ||
| JEPI | $832,439 | 0.04% | 14,739 | $10,515 | Up ×2 | ||
| HD Home Depot, Inc. (The) Common Stock | $800,036 | 0.04% | 2,268 | $88,698 | Up ×2 | ||
| LW Lamb Weston Holdings, Inc. Common Stock | $794,029 | 0.04% | 18,389 | $228,223 | Up ×1 | ||
| GE GE Aerospace Common Stock | $786,412 | 0.04% | 2,104 | $195,886 | Up ×1 | ||
| TSLA Tesla, Inc. - Common Stock | $763,806 | 0.04% | 1,816 | $-168,168 | Down ×4 | ||
| KLAC KLA Corporation - Common Stock | $746,884 | 0.04% | 2,476 | Up ×1 | |||
| GIS General Mills, Inc. Common Stock | $728,295 | 0.04% | 20,928 | $-50,646 | |||
| ESGV | $727,364 | 0.04% | 5,500 | $79,986 | Down ×1 | ||
| SCHB | $662,602 | 0.03% | 22,880 | $88,533 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $654,560 | 0.03% | 1,733 | $212,192 | Up ×1 | ||
| CVX Chevron Corporation Common Stock | $644,993 | 0.03% | 3,891 | $-102,773 | Up ×2 | ||
| BMY Bristol-Myers Squibb Company Common Stock | $644,331 | 0.03% | 11,182 | $-109,661 | Down ×3 | ||
| PLTR Palantir Technologies Inc. - Class A Common Stock | $630,135 | 0.03% | 5,401 | $-170,310 | Down ×1 | ||
| ICE Intercontinental Exchange Inc. Common Stock | $629,800 | 0.03% | 5,116 | $-164,068 | Up ×6 | ||
| GLD | $627,720 | 0.03% | 1,704 | $-149,384 | Down ×1 | ||
| AXP American Express Company Common Stock | $615,928 | 0.03% | 1,821 | $61,736 | Down ×3 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $615,305 | 0.03% | 5,238 | $212,086 | Up ×4 | ||
| BY Byline Bancorp, Inc. Common Stock | $604,067 | 0.03% | 16,040 | $97,684 | |||
| VGT | $599,080 | 0.03% | 5,012 | $164,950 | Up ×1 | ||
| AGGY | $561,970 | 0.03% | 12,925 | $6,535 | Up ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $557,802 | 0.03% | 1,168 | $-134,996 | Down ×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 |
|---|---|---|---|
| VTI | $365,895,170 | 17.82% | up ×4 |
| NFRA | $150,705,650 | 7.34% | up ×6 |
| BND | $134,539,066 | 6.55% | up ×6 |
| ITOT | $36,353,101 | 1.77% | up ×3 |
| REET | $23,514,887 | 1.15% | up ×6 |
| MSFT | $6,188,485 | 0.30% | up ×4 |
| CME | $4,004,532 | 0.20% | up ×4 |
| META | $1,883,988 | 0.09% | up ×4 |
| KO | $1,492,200 | 0.07% | up ×4 |
| JNJ | $1,307,388 | 0.06% | up ×4 |
| CRWD | $1,253,255 | 0.06% | up ×4 |
| ADX | $1,109,495 | 0.05% | up ×6 |
| JEPQ | $1,102,262 | 0.05% | up ×3 |
| IWV | $1,007,623 | 0.05% | up ×6 |
| ABBV | $984,817 | 0.05% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| SBUX | $2,981,244 | 29,174 | 0.15% |
| KLAC | $746,884 | 2,476 | 0.04% |
| Unknown issuer (CUSIP: 84615Q103) | $485,495 | 2,841 | 0.02% |
| PANW | $429,345 | 1,259 | 0.02% |
| SNDK | $397,903 | 175 | 0.02% |
| SMH | $312,198 | 476 | 0.02% |
| ARM | $308,476 | 870 | 0.02% |
| URI | $276,211 | 244 | 0.01% |
| ALAB | $274,356 | 568 | 0.01% |
| XLI | $266,549 | 1,439 | 0.01% |
| RTX | $259,994 | 1,370 | 0.01% |
| ADBE | $239,669 | 1,169 | 0.01% |
| IVW | $236,482 | 1,719 | 0.01% |
| IVT | $214,701 | 6,065 | 0.01% |
| VRTX | $214,588 | 432 | 0.01% |
Top movers (QoQ)
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 |
|---|---|---|---|---|
| ULXXXX | Dec. 31, 2025 | 26,596 | $1,576,639 | No longer tracked |
| WBA | Sept. 30, 2025 | 125,976 | $1,446,210 | No longer tracked |
| RKLBXXXX | March 31, 2025 | 53,213 | $1,355,336 | No longer tracked |
| DJT | Dec. 31, 2025 | 77,527 | $1,272,994 | -33.6% |
| VT | June 30, 2026 | 8,310 | $1,149,448 | No longer tracked |
| CAOS | June 30, 2026 | 11,093 | $1,006,801 | No longer tracked |
| CMCL | Dec. 31, 2025 | 25,699 | $930,561 | No longer tracked |
| VST | Sept. 30, 2025 | 4,597 | $890,945 | -29.0% |
| EZBC | Dec. 31, 2025 | 9,250 | $612,443 | No longer tracked |
| CHRW | March 31, 2026 | 3,407 | $547,710 | -12.8% |
| OPEN | Dec. 31, 2025 | 65,253 | $520,067 | -40.4% |
| FCX | June 30, 2026 | 7,958 | $467,772 | 22.6% |
| VTES | June 30, 2026 | 3,921 | $396,570 | No longer tracked |
| HBAN | Dec. 31, 2025 | 22,440 | $387,539 | -1.1% |
| IBIT | March 31, 2025 | 6,592 | $349,706 | |
| EQX | March 31, 2026 | 21,120 | $296,525 | No longer tracked |
| FICO | March 31, 2026 | 174 | $294,168 | 9.2% |
| SPYV | Sept. 30, 2025 | 5,387 | $281,956 | No longer tracked |
| BIL | Dec. 31, 2025 | 2,966 | $272,131 | No longer tracked |
| ARW | March 31, 2025 | 2,405 | $272,054 | 101.3% |
| BAC | March 31, 2026 | 4,637 | $255,035 | 28.1% |
| PFE | June 30, 2025 | 9,945 | $251,999 | 15.7% |
| GDDY | March 31, 2026 | 2,000 | $248,160 | 16.0% |
| XLE | June 30, 2026 | 4,030 | $246,892 | No longer tracked |
| GDX | June 30, 2025 | 5,335 | $245,232 | No longer tracked |
| HON | June 30, 2026 | 1,070 | $241,958 | -1.9% |
| BMOP | June 30, 2026 | 9,823 | $241,941 | |
| PANW | March 31, 2026 | 1,311 | $241,487 | 114.6% |
| XLI | March 31, 2026 | 1,555 | $241,262 | No longer tracked |
| BAC | March 31, 2025 | 5,487 | $241,154 | 49.6% |
| LOW | March 31, 2025 | 969 | $239,187 | -6.7% |
| COP | June 30, 2026 | 1,719 | $226,968 | 30.3% |
| MCHI | June 30, 2026 | 4,000 | $224,720 | |
| VWO | Sept. 30, 2025 | 4,518 | $223,460 | No longer tracked |
| URI | Dec. 31, 2025 | 232 | $221,777 | 36.7% |
| CE | Sept. 30, 2025 | 4,000 | $221,320 | 11.7% |
| VUG | March 31, 2025 | 532 | $218,411 | No longer tracked |
| VIAV | June 30, 2026 | 6,457 | $214,889 | -18.8% |
| IVW | March 31, 2026 | 1,716 | $211,564 | No longer tracked |
| FBTC | June 30, 2026 | 3,572 | $210,856 | No longer tracked |
| IGIB | Sept. 30, 2025 | 3,951 | $210,549 | |
| UBER | Dec. 31, 2025 | 2,139 | $209,558 | -4.3% |
| ANET | March 31, 2026 | 1,596 | $209,124 | 53.4% |
| HYG | Dec. 31, 2025 | 2,510 | $203,772 | No longer tracked |
| CCL | March 31, 2026 | 6,666 | $203,580 | -0.8% |
| UPS | March 31, 2026 | 2,027 | $201,059 | 5.0% |
| TV | March 31, 2026 | 50,000 | $145,500 | -7.2% |
| CLW | June 30, 2026 | 10,000 | $143,800 | 38.3% |
| ABEV | March 31, 2026 | 50,000 | $123,500 | -2.1% |
| CLF | Sept. 30, 2025 | 15,950 | $121,220 | -5.1% |
| HTZ | June 30, 2025 | 30,000 | $118,200 | -68.5% |
| CALY | Sept. 30, 2025 | 10,065 | $81,024 | 68.2% |
| NEO | June 30, 2026 | 10,000 | $74,200 | 11.2% |
| BGS | Dec. 31, 2025 | 10,000 | $44,300 | -21.8% |
| ZVIA | June 30, 2025 | 20,000 | $43,200 | -58.2% |
| GGB | March 31, 2026 | 10,000 | $36,900 | 21.9% |
| DNUT | June 30, 2026 | 10,000 | $33,900 | 1.0% |
| PLUG | Sept. 30, 2025 | 21,625 | $32,222 | -2.7% |
| EB | June 30, 2025 | 15,000 | $31,650 | No longer tracked |
| AMC | June 30, 2025 | 10,002 | $28,706 | -19.2% |
| SEATXXXX | Sept. 30, 2025 | 15,000 | $25,350 | No longer tracked |
| NDLS | March 31, 2026 | 25,000 | $17,650 | 78.9% |
| LNKS | Dec. 31, 2025 | 30,000 | $13,938 | 184.4% |
| UHG | June 30, 2026 | 10,000 | $11,600 | No longer tracked |
| TMC | March 31, 2025 | 10,000 | $11,200 | 146.8% |
| WOLF | Sept. 30, 2025 | 25,000 | $9,970 | -4.1% |
| ASST | March 31, 2026 | 10,102 | $7,456 | 83.5% |
| BYND | June 30, 2026 | 10,119 | $7,100 | 1874.2% |
| GURE | Sept. 30, 2025 | 10,000 | $6,720 | -40.9% |
| ORIS | Dec. 31, 2025 | 20,000 | $3,744 | No longer tracked |