Payne Capital Management, LLC
CIK 1994332 · View on SEC EDGAR ↗
- Portfolio value
- $375.0M
- Positions
- 88
- As of
- June 30, 2026
#4,526 of 9,443 by 13F value · top 47.9%
Portfolio value QoQ: +13.5% 13F does not disclose cash
- Top 10 holdings weight
- 62.68%
- Top 25 holdings weight
- 90.22%
- Positions above 1%
- 20
- Effective number of positions
- 19.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 1.7% Est. buys $33,532,595 · sells $5,997,701
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 80.7% still held
- New positions
- 18
- Increased
- 31
- Decreased
- 23
- Closed
- 8
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
3.1%
Financial Services
1.2%
Healthcare
0.9%
Communication Services
0.6%
Financials
0.5%
Industrials
0.5%
Energy
0.4%
Retail
0.4%
Consumer Staples
0.2%
Consumer Discretionary
0.2%
Communications
0.2%
Utilities
0.1%
Other/Unmapped
91.9%
Full portfolio 88 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| SCHF | $43,497,373 | 11.60% | 1,570,302 | $5,423,192 | Up ×4 | ||
| MLPX | $30,980,791 | 8.26% | 420,592 | $60,604 | Up ×4 | ||
| VWO | $25,324,928 | 6.75% | 424,274 | $2,894,030 | Up ×4 | ||
| VEA | $24,898,126 | 6.64% | 349,447 | $2,402,402 | Down ×1 | ||
| BCI | $20,870,410 | 5.56% | 934,217 | $-1,383,873 | Up ×4 | ||
| SCHG | $19,650,471 | 5.24% | 580,688 | $3,270,003 | Up ×2 | ||
| SCHV | $19,512,301 | 5.20% | 560,537 | $2,929,759 | Up ×6 | ||
| VUG | $17,331,387 | 4.62% | 201,200 | $2,342,155 | Up ×1 | ||
| VBK | $17,069,784 | 4.55% | 46,677 | $3,118,772 | Up ×6 | ||
| VOT | $15,931,489 | 4.25% | 52,013 | $2,841,561 | Up ×4 | ||
| VTV | $15,769,549 | 4.20% | 72,361 | $1,454,932 | Down ×2 | ||
| VBR | $15,683,713 | 4.18% | 64,545 | $1,894,334 | Up ×4 | ||
| VOE | $15,299,251 | 4.08% | 77,425 | $1,260,779 | Up ×4 | ||
| VNQI Vanguard Global ex-U.S. Real Estate ETF | $10,655,200 | 2.84% | 237,574 | $547,259 | Up ×6 | ||
| FREL | $9,563,696 | 2.55% | 326,406 | $1,158,906 | Up ×6 | ||
| SCHE | $7,832,589 | 2.09% | 216,012 | $694,166 | Down ×2 | ||
| VNQ | $4,459,270 | 1.19% | 46,244 | $368,689 | Up ×1 | ||
| AMLP | $3,860,477 | 1.03% | 74,455 | $446,833 | Up ×1 | ||
| AAPL Apple Inc. - Common Stock | $3,767,277 | 1.00% | 13,019 | $369,636 | Down ×1 | ||
| BRKA | $3,744,250 | 1.00% | 5 | Up ×1 | |||
| NVDA NVIDIA Corporation - Common Stock | $3,653,714 | 0.97% | 18,260 | $435,896 | Down ×2 | ||
| DB Deutsche Bank AG Common Stock | $2,484,702 | 0.66% | 73,599 | Up ×1 | |||
| SLYV | $2,315,194 | 0.62% | 21,219 | $297,110 | Down ×1 | ||
| REET | $2,094,303 | 0.56% | 75,826 | $134,262 | Down ×1 | ||
| MDYV | $2,093,067 | 0.56% | 22,067 | $216,749 | Up ×1 | ||
| VSS | $2,037,001 | 0.54% | 13,202 | $73,712 | Down ×1 | ||
| SPY SPY | $1,755,714 | 0.47% | 2,351 | $129,164 | Down ×2 | ||
| IFGL iShares International Developed Real Estate ETF | $1,732,916 | 0.46% | 77,709 | $43,384 | Up ×6 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $1,641,607 | 0.44% | 12,775 | $-15,418 | Down ×2 | ||
| SLYG | $1,438,345 | 0.38% | 12,074 | $265,898 | Down ×1 | ||
| MDYG | $1,430,478 | 0.38% | 12,762 | $192,990 | Down ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $1,287,033 | 0.34% | 1,115 | $910,341 | |||
| JPM JP Morgan Chase & Co. Common Stock | $1,086,596 | 0.29% | 3,320 | $276,899 | Up ×2 | ||
| XOM Exxon Mobil Corporation Common Stock | $1,045,908 | 0.28% | 7,650 | $-313,490 | Down ×1 | ||
| GLDM | $992,750 | 0.26% | 12,500 | Up ×1 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $868,809 | 0.23% | 2,431 | $264,611 | Up ×4 | ||
| AMZN Amazon.com, Inc. - Common Stock | $828,782 | 0.22% | 3,477 | $-22,899 | Down ×1 | ||
| MS Morgan Stanley Common Stock | $793,725 | 0.21% | 3,797 | $199,627 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $726,301 | 0.19% | 1,923 | $263,057 | Up ×1 | ||
| VOO | $690,109 | 0.18% | 1,005 | $91,321 | Up ×1 | ||
| VTI | $652,103 | 0.17% | 1,762 | $94,045 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $651,848 | 0.17% | 1,747 | $-1,004,112 | Down ×1 | ||
| VGT | $610,030 | 0.16% | 5,104 | $164,885 | Up ×1 | ||
| EDC | $598,488 | 0.16% | 6,730 | $223,531 | Up ×4 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $596,124 | 0.16% | 1,058 | $106,679 | Up ×2 | ||
| BRKB | $585,433 | 0.16% | 1,170 | $-455,846 | Down ×1 | ||
| PM Philip Morris International Inc Common Stock | $585,408 | 0.16% | 3,236 | $50,383 | |||
| GLW Corning Incorporated Common Stock | $545,854 | 0.15% | 2,137 | $255,286 | |||
| MCK McKesson Corporation Common Stock | $536,476 | 0.14% | 710 | $-30,335 | Up ×1 | ||
| XLE XLE | $531,100 | 0.14% | 10,000 | Up ×1 | |||
| HD Home Depot, Inc. (The) Common Stock | $529,180 | 0.14% | 1,500 | $35,696 | |||
| BX Blackstone Inc. Common Stock | $523,161 | 0.14% | 4,446 | Up ×1 | |||
| QQQ Invesco QQQ Trust, Series 1 | $470,878 | 0.13% | 639 | $-776,758 | Down ×2 | ||
| KKR KKR & Co. Inc. Common Stock | $466,242 | 0.12% | 5,080 | Up ×1 | |||
| SDY | $462,402 | 0.12% | 3,039 | $4,512 | Down ×3 | ||
| NOW ServiceNow, Inc. Common Stock | $435,839 | 0.12% | 4,390 | $-23,136 | |||
| TSLA Tesla, Inc. - Common Stock | $421,054 | 0.11% | 1,001 | $48,903 | |||
| BAC Bank of America Corporation Common Stock | $406,552 | 0.11% | 7,135 | $58,721 | |||
| NFLX Netflix, Inc. - Common Stock | $392,414 | 0.10% | 5,496 | $130,309 | Up ×1 | ||
| LLY Eli Lilly and Company Common Stock | $389,074 | 0.10% | 324 | $92,557 | Up ×1 | ||
| XLK XLK | $379,390 | 0.10% | 1,991 | $97,331 | Down ×2 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $370,621 | 0.10% | 638 | Up ×1 | |||
| INTC Intel Corporation - Common Stock | $363,597 | 0.10% | 2,604 | Up ×1 | |||
| IEFA | $358,472 | 0.10% | 3,712 | $910 | Down ×1 | ||
| ABBV AbbVie Inc. Common Stock | $345,306 | 0.09% | 1,372 | $113,454 | Up ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $343,437 | 0.09% | 972 | $64,609 | |||
| CSCO Cisco Systems, Inc. - Common Stock | $334,761 | 0.09% | 2,850 | $51,557 | Down ×1 | ||
| OEF | $329,283 | 0.09% | 900 | $43,020 | |||
| DY Dycom Industries, Inc. Common Stock | $314,477 | 0.08% | 622 | $103,731 | |||
| SCHC | $311,248 | 0.08% | 6,468 | $-18,510 | Down ×2 | ||
| IBM International Business Machines Corporation Common Stock | $303,707 | 0.08% | 1,080 | ||||
| CIEN Ciena Corporation Common Stock | $302,185 | 0.08% | 616 | $63,035 | |||
| JNJ Johnson & Johnson Common Stock | $286,105 | 0.08% | 1,127 | $31,024 | Up ×1 | ||
| CAT Caterpillar, Inc. Common Stock | $277,939 | 0.07% | 261 | Up ×1 | |||
| CVX Chevron Corporation Common Stock | $277,592 | 0.07% | 1,675 | ||||
| QQEW First Trust Nasdaq-100 Select Equal Weight ETF | $271,320 | 0.07% | 1,700 | $55,465 | |||
| IYF | $255,020 | 0.07% | 2,000 | $19,700 | |||
| COST Costco Wholesale Corporation - Common Stock | $248,866 | 0.07% | 266 | Up ×1 | |||
| WTS Watts Water Technologies, Inc. Class A Common Stock | $245,048 | 0.07% | 626 | Up ×1 | |||
| SSD Simpson Manufacturing Company, Inc. Common Stock | $241,381 | 0.06% | 1,153 | Up ×1 | |||
| KLAC KLA Corporation - Common Stock | $241,368 | 0.06% | 800 | Up ×1 | |||
| UNP Union Pacific Corporation Common Stock | $240,176 | 0.06% | 883 | $-130,305 | Down ×2 | ||
| AB AllianceBernstein Holding L.P. Units | $229,036 | 0.06% | 6,503 | $-14,436 | |||
| ED Consolidated Edison, Inc. Common Stock | $228,562 | 0.06% | 2,066 | $-5,268 | |||
| GOLF Acushnet Holdings Corp. Common Stock | $219,992 | 0.06% | 1,856 | Up ×1 | |||
| GLD | $215,337 | 0.06% | 585 | $-36,189 | |||
| MO Altria Group, Inc. | $210,182 | 0.06% | 2,921 | Up ×1 | |||
| PRI Primerica, Inc. Common Stock | $204,624 | 0.05% | 720 | 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 |
|---|---|---|---|
| SCHF | $43,497,373 | 11.60% | up ×4 |
| MLPX | $30,980,791 | 8.26% | up ×4 |
| VWO | $25,324,928 | 6.75% | up ×4 |
| BCI | $20,870,410 | 5.56% | up ×4 |
| SCHV | $19,512,301 | 5.20% | up ×6 |
| VBK | $17,069,784 | 4.55% | up ×6 |
| VOT | $15,931,489 | 4.25% | up ×4 |
| VBR | $15,683,713 | 4.18% | up ×4 |
| VOE | $15,299,251 | 4.08% | up ×4 |
| VNQI | $10,655,200 | 2.84% | up ×6 |
| FREL | $9,563,696 | 2.55% | up ×6 |
| IFGL | $1,732,916 | 0.46% | up ×6 |
| GOOGL | $868,809 | 0.23% | up ×4 |
| EDC | $598,488 | 0.16% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| BRKA | $3,744,250 | 5 | 1.00% |
| DB | $2,484,702 | 73,599 | 0.66% |
| GLDM | $992,750 | 12,500 | 0.26% |
| XLE | $531,100 | 10,000 | 0.14% |
| BX | $523,161 | 4,446 | 0.14% |
| KKR | $466,242 | 5,080 | 0.12% |
| AMD | $370,621 | 638 | 0.10% |
| INTC | $363,597 | 2,604 | 0.10% |
| IBM | $303,707 | 1,080 | 0.08% |
| CAT | $277,939 | 261 | 0.07% |
| CVX | $277,592 | 1,675 | 0.07% |
| COST | $248,866 | 266 | 0.07% |
| WTS | $245,048 | 626 | 0.07% |
| SSD | $241,381 | 1,153 | 0.06% |
| KLAC | $241,368 | 800 | 0.06% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| SCHF | Bought more | +32K | +$5.4M |
| SCHG | Bought more | +18K | +$3.3M |
| VBK | Bought more | +520 | +$3.1M |
| SCHV | Bought more | +17K | +$2.9M |
| VWO | Bought more | +9K | +$2.9M |
| VOT | Bought more | +1K | +$2.8M |
| VEA | Trimmed | -2K | +$2.4M |
| VUG | Bought more | +167K | +$2.3M |
| VBR | Bought more | +1K | +$1.9M |
| VTV | Trimmed | -598 | +$1.5M |
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 |
|---|---|---|---|---|
| AB | March 31, 2025 | 147,794 | $5,481,679 | -5.0% |
| NOC | June 30, 2025 | 1,970 | $1,008,404 | 15.7% |
| IVE | June 30, 2026 | 1,932 | $407,942 | No longer tracked |
| VYM | Sept. 30, 2025 | 2,400 | $319,944 | No longer tracked |
| GS | June 30, 2026 | 319 | $270,140 | 0.6% |
| SCHD | Sept. 30, 2025 | 10,011 | $265,292 | No longer tracked |
| GE | March 31, 2025 | 1,545 | $257,691 | 76.4% |
| VIGI | Sept. 30, 2025 | 2,826 | $254,679 | |
| WMT | June 30, 2026 | 1,994 | $247,830 | -7.9% |
| TFC | March 31, 2026 | 5,000 | $246,050 | 10.2% |
| IQLT | Sept. 30, 2025 | 5,588 | $241,513 | No longer tracked |
| IBM | March 31, 2026 | 795 | $235,487 | -2.6% |
| WMT | March 31, 2025 | 2,571 | $232,246 | 18.8% |
| CEG | March 31, 2026 | 657 | $232,098 | -1.4% |
| V | March 31, 2026 | 654 | $229,364 | 21.6% |
| KO | June 30, 2026 | 3,013 | $229,139 | 12.1% |
| TRV | June 30, 2026 | 778 | $226,927 | 10.2% |
| T | June 30, 2026 | 7,518 | $217,947 | 22.0% |
| T | Dec. 31, 2025 | 7,572 | $213,822 | 1.6% |
| ORCL | June 30, 2026 | 1,439 | $211,667 | -2.7% |
| ESS | Sept. 30, 2025 | 742 | $210,283 | 7.7% |
| OMC | June 30, 2025 | 2,490 | $206,446 | 21.2% |
| ITOT | March 31, 2026 | 1,388 | $206,382 | No longer tracked |
| BMY | June 30, 2026 | 3,313 | $200,931 | 15.9% |