Capstone Financial Advisors, Inc.
Long book
$1.86B
Q1 2026
Positions
185
Top-10 weight
75%
concentration
Last quarter
+10.4%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsCapstone Financial Advisors, Inc. is a wealth-management firm allocating client money, running a $1.86B US long book across 185 positions.
The portfolio is concentrated: the top 10 names carry 75% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: VANGUARD TOTAL STOCK MKT ETF, ISHARES RUSSELL 1000 ETF, DIMENSIONAL US CORE EQUITY 2, FLEXSHARES STOXX GLOBAL BROA, VANGUARD TOTAL BOND MARKET.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.5%
Q2 2024
+7.4%
Q3 2024
-0.5%
Q4 2024
-1.1%
Q1 2025
+8.4%
Q2 2025
+6.6%
Q3 2025
+2.2%
Q4 2025
-1.4%
Q1 2026
+10.4%
Sector allocation
Consumer discretionary 35%
Technology 33%
Financials 18%
Industrials 4%
Healthcare 2%
Energy 2%
Consumer staples 2%
Services media 1%
Long book by quarter
What does Capstone Financial own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MCD MCDONALD'S CORP | Consumer discretionary | 194.4K | $60.4M | 3.3% | -1.8% |
| AAPL APPLE INC | Technology | 142.0K | $36.0M | 1.9% | -2.0% |
| JPM JPMORGAN CHASE & CO | Financials | 66.0K | $19.4M | 1.0% | +19.4% |
| NVDA NVIDIA CORP | Technology | 102.0K | $17.8M | 1.0% | +37.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 38.9K | $8.1M | 0.4% | -1.1% |
| MSFT MICROSOFT CORP | Technology | 16.2K | $6.0M | 0.3% | +3.0% |
| CME CME GROUP INC | Financials | 18.1K | $5.4M | 0.3% | 0.0% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 7 | $5.0M | 0.3% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 4.0K | $4.0M | 0.2% | 0.0% |
| CBOE CBOE GLOBAL MARKETS INC | Financials | 11.1K | $3.1M | 0.2% | -0.1% |
| GOOGL ALPHABET INC-CL A | Technology | 9.6K | $2.8M | 0.1% | -14.8% |
| XOM EXXON MOBIL CORP | Energy | 13.3K | $2.2M | 0.1% | -0.7% |
| QCOM QUALCOMM INC | Technology | 17.0K | $2.2M | 0.1% | 0.0% |
| WMT WALMART INC | Consumer discretionary | 17.2K | $2.1M | 0.1% | -25.9% |
| ETN EATON CORP PLC | Industrials | 5.4K | $1.9M | 0.1% | Held |
| CAT CATERPILLAR INC | Industrials | 2.7K | $1.9M | 0.1% | -6.1% |
| META META PLATFORMS INC-CLASS A | Technology | 3.0K | $1.7M | 0.1% | +2.1% |
| MSTR STRATEGY INC | Financials | 13.2K | $1.7M | 0.1% | Held |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 2.9K | $1.4M | 0.1% | -29.0% |
| KO COCA-COLA CO/THE | Consumer staples | 17.1K | $1.3M | 0.1% | 0.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 5.3K | $1.3M | 0.1% | +1.7% |
| LUMN LUMEN TECHNOLOGIES INC | Communications | 180.3K | $1.3M | 0.1% | Held |
| JNJ JOHNSON & JOHNSON | Healthcare | 4.9K | $1.2M | 0.1% | +0.1% |
| MU MICRON TECHNOLOGY INC | Technology | 3.5K | $1.2M | 0.1% | +71.8% |
| CI THE CIGNA GROUP | Financials | 4.2K | $1.1M | 0.1% | -0.6% |
| LRCX LAM RESEARCH CORP | Industrials | 5.0K | $1.1M | 0.1% | +131.2% |
| ALK ALASKA AIR GROUP INC | Industrials | 28.9K | $1.1M | 0.1% | +47.7% |
| MRK MERCK & CO. INC. | Healthcare | 8.2K | $992K | 0.1% | -7.0% |
| DRI DARDEN RESTAURANTS INC | Consumer discretionary | 5.0K | $977K | 0.1% | -10.7% |
| TSLA TESLA INC | Industrials | 2.5K | $932K | 0.1% | -10.7% |
| ACN ACCENTURE PLC-CL A | Services media | 4.5K | $902K | 0.0% | -15.6% |
| ABBV ABBVIE INC | Healthcare | 3.9K | $839K | 0.0% | +0.4% |
| AMAT APPLIED MATERIALS INC | Technology | 2.4K | $832K | 0.0% | New |
| FITB FIFTH THIRD BANCORP | Financials | 17.3K | $803K | 0.0% | -10.9% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 5.5K | $800K | 0.0% | +0.4% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 5.0K | $794K | 0.0% | +0.3% |
| GIS GENERAL MILLS INC | Consumer staples | 20.9K | $779K | 0.0% | Held |
| BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 12.4K | $754K | 0.0% | -4.6% |
| CVX CHEVRON CORP | Energy | 3.6K | $748K | 0.0% | +0.4% |
| HD HOME DEPOT INC | Consumer discretionary | 2.2K | $711K | 0.0% | +0.8% |
| GWW WW GRAINGER INC | Consumer discretionary | 626 | $683K | 0.0% | Held |
| T AT&T INC | Communications | 22.0K | $638K | 0.0% | +98.2% |
| GOOG ALPHABET INC-CL C | Technology | 2.2K | $636K | 0.0% | -13.6% |
| INTC INTEL CORP | Technology | 14.1K | $623K | 0.0% | -7.4% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 1.6K | $621K | 0.0% | +0.8% |
| GEV GE VERNOVA INC | Industrials | 690 | $602K | 0.0% | +15.8% |
| GE GENERAL ELECTRIC | Industrials | 2.1K | $591K | 0.0% | Held |
| LLY ELI LILLY & CO | Healthcare | 627 | $576K | 0.0% | +2.0% |
| LW LAMB WESTON HOLDINGS INC | Consumer staples | 13.4K | $566K | 0.0% | -0.2% |
| AXP AMERICAN EXPRESS CO | Financials | 1.8K | $554K | 0.0% | -4.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 187 | $1.86B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 186 | $1.88B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 184 | $1.85B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 8, 2025 | 178 | $1.73B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 9, 2025 | 158 | $1.59B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 157 | $1.62B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 158 | $1.63B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 158 | $1.51B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 151 | $1.49B | canonical | SEC ↗ |