Q4 2025 · 13F-HR
SHEPHERD KAPLAN KROCHUK, LLCholdings as filed
Filed 2026-02-13 · accession 0000919574-26-000962
$121.1M
Reported value
64
Positions
2025-12-31
Period end
The Brief · SHEPHERD KAPLAN KROCHUK, LLC · Q4 2025
AI · grounded in 13F
SHEPHERD KAPLAN KROCHUK, LLC established a new position in FDL with a $1.78M investment. The fund also opened a new position in RSP worth $965,421 and increased its holdings in ZROZ by 92.3%. On the sell side, the fund trimmed its position in SCHD by 90.2% and closed its entire position in PNC, reducing the holding by $567,627.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908769 | VTI | VANGUARD INDEX FDS | $10.1M | 8.38% | 30,266 | Common | NONE |
| 92189F437 | ANGL | VANECK ETF TRUST | $8.8M | 7.23% | 298,270 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $8.3M | 6.82% | 30,392 | Common | NONE |
| 46429B697 | USMV | ISHARES TR | $7.4M | 6.15% | 79,079 | Common | NONE |
| 808524409 | SCHV | SCHWAB STRATEGIC TR | $5.1M | 4.25% | 173,917 | Common | NONE |
| 46641Q761 | JQUA | J P MORGAN EXCHANGE TRADED F | $4.8M | 3.93% | 75,321 | Common | NONE |
| 46432F396 | MTUM | ISHARES TR | $4.2M | 3.45% | 16,705 | Common | NONE |
| 464288257 | ACWI | ISHARES TR | $3.9M | 3.19% | 27,320 | Common | NONE |
| 47103U852 | JMBS | JANUS DETROIT STR TR | $3.9M | 3.19% | 84,486 | Common | NONE |
| 72201R882 | ZROZ | PIMCO ETF TR | $3.7M | 3.06% | 57,658 | Common | NONE |
| 72201R817 | CORP | PIMCO ETF TR | $3.6M | 2.97% | 36,753 | Common | NONE |
| 29273V100 | ET | ENERGY TRANSFER L P | $3.4M | 2.78% | 204,491 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $3.1M | 2.59% | 26,066 | Common | NONE |
| 134429109 | CPB | THE CAMPBELLS COMPANY | $3.0M | 2.51% | 108,905 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.8M | 2.32% | 5,580 | Common | NONE |
| 46641Q332 | JEPI | J P MORGAN EXCHANGE TRADED F | $2.7M | 2.27% | 47,991 | Common | NONE |
| 922908629 | VO | VANGUARD INDEX FDS | $2.7M | 2.25% | 9,401 | Common | NONE |
| 464288679 | SHV | ISHARES TR | $2.6M | 2.18% | 23,932 | Common | NONE |
| 922908553 | VNQ | VANGUARD INDEX FDS | $2.3M | 1.88% | 25,687 | Common | NONE |
| 46436E718 | SGOV | ISHARES TR | $2.2M | 1.81% | 21,893 | Common | NONE |
| 233051630 | HDEF | DBX ETF TR | $2.1M | 1.71% | 66,665 | Common | NONE |
| 49456B101 | KMI | KINDER MORGAN INC DEL | $1.8M | 1.48% | 65,086 | Common | NONE |
| 336917109 | FDL | FIRST TR EXCHANGE-TRADED FD | $1.8M | 1.47% | 40,068 | Common | NONE |
| 46138E511 | PGX | INVESCO EXCH TRADED FD TR II | $1.8M | 1.45% | 155,834 | Common | NONE |
| 921932828 | VIOO | VANGUARD ADMIRAL FDS INC | $1.5M | 1.22% | 13,294 | Common | NONE |
| 25460E869 | SPDN | DIREXION SHS ETF TR | $1.3M | 1.08% | 138,165 | Common | NONE |
| 921937819 | BIV | VANGUARD BD INDEX FDS | $1.1M | 0.93% | 14,519 | Common | NONE |
| 651639106 | NEM | NEWMONT CORP | $1.1M | 0.90% | 10,921 | Common | NONE |
| 30151E533 | SSPY | EXCHANGE LISTED FDS TR | $1.1M | 0.89% | 12,375 | Common | NONE |
| 464287309 | IVW | ISHARES TR | $978,522 | 0.81% | 7,939 | Common | NONE |
| 46137V357 | RSP | INVESCO EXCHANGE TRADED FD T | $965,421 | 0.80% | 5,040 | Common | NONE |
| 559222401 | MGA | MAGNA INTL INC | $921,450 | 0.76% | 17,288 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $920,867 | 0.76% | 1,344 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $854,307 | 0.71% | 34,310 | Common | NONE |
| 375558103 | GILD | GILEAD SCIENCES INC | $789,955 | 0.65% | 6,436 | Common | NONE |
| 26441C204 | DUK | DUKE ENERGY CORP NEW | $772,414 | 0.64% | 6,590 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $762,208 | 0.63% | 1,215 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $745,030 | 0.62% | 2,515 | Common | NONE |
| 293792107 | EPD | ENTERPRISE PRODS PARTNERS L | $722,568 | 0.60% | 22,538 | Common | NONE |
| 260557103 | DOW | DOW INC | $694,082 | 0.57% | 29,687 | Common | NONE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $659,551 | 0.54% | 13,284 | Common | NONE |
| 46090e103 | — | INVESCO QQQ TR | $565,028 | 0.47% | 920 | Common | NONE |
| 74347X849 | TBF | PROSHARES TR | $559,126 | 0.46% | 23,181 | Common | NONE |
| 354613101 | BEN | FRANKLIN RESOURCES INC | $557,378 | 0.46% | 23,331 | Common | NONE |
| 670928100 | NUV | NUVEEN MUN VALUE FD INC | $544,008 | 0.45% | 60,045 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $508,835 | 0.42% | 1,043 | Common | NONE |
| 46641Q308 | JPEM | J P MORGAN EXCHANGE TRADED F | $494,646 | 0.41% | 8,145 | Common | NONE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $494,200 | 0.41% | 9,827 | Common | NONE |
| 381430107 | GSIE | GOLDMAN SACHS ETF TR | $481,057 | 0.40% | 11,203 | Common | NONE |
| 00162Q452 | AMLP | ALPS ETF TR | $442,141 | 0.37% | 9,403 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $437,787 | 0.36% | 1,916 | Common | NONE |
| 744320102 | PRU | PRUDENTIAL FINL INC | $435,830 | 0.36% | 3,861 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $430,989 | 0.36% | 10,582 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $406,258 | 0.34% | 596 | Common | NONE |
| 41151J885 | OSEA | HARBOR ETF TRUST | $356,273 | 0.29% | 11,778 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $341,864 | 0.28% | 1,089 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $333,297 | 0.28% | 841 | Common | NONE |
| 29280W109 | NRGV | ENERGY VAULT HOLDINGS INC | $310,004 | 0.26% | 67,246 | Common | NONE |
| 808524797 | SCHD | SCHWAB STRATEGIC TR | $276,961 | 0.23% | 10,097 | Common | NONE |
| 90386K589 | MDST | ULTIMUS MANAGERS TR | $269,643 | 0.22% | 10,206 | Common | NONE |
| 00206R102 | T | AT&T INC | $266,133 | 0.22% | 10,714 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $248,573 | 0.21% | 514 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $220,829 | 0.18% | 706 | Common | NONE |
| 46137V431 | SPGP | INVESCO EXCHANGE TRADED FD T | $204,606 | 0.17% | 1,797 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.