Q4 2025 · 13F-HR
Capstone Financial Advisors, Inc.holdings as filed
Filed 2026-02-17 · accession 0001599217-26-000002
$1.88B
Reported value
186
Positions
2025-12-31
Period end
The Brief · Capstone Financial Advisors, Inc. · Q4 2025
AI · grounded in 13F
Capstone Financial Advisors, Inc. exited its position in Unilever PLC, reducing its exposure by $1,576,639. The fund also closed positions in DJT and Caledonia Mng Corp PLC CMCL, while trimming shares of Berkshire Hathaway Inc Del BRK/A by 12.5%. On the buy side, the firm increased its holdings in NFRA by 6.3357% and BND by 2.3175%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 922908769 | VTI | VANGUARD INDEX FDS | $321.1M | 17.1% | 957,838 | Common | NONE |
| 464287622 | IWB | ISHARES TR | $242.4M | 12.9% | 649,033 | Common | NONE |
| 25434V708 | DFAC | DIMENSIONAL ETF TRUST | $217.0M | 11.6% | 5,480,371 | Common | NONE |
| 33939L795 | NFRA | FLEXSHARES TR | $138.6M | 7.38% | 2,290,009 | Common | NONE |
| 921937835 | BND | VANGUARD BD INDEX FDS | $130.8M | 6.96% | 1,765,970 | Common | NONE |
| 921909768 | VXUS | VANGUARD STAR FDS | $86.5M | 4.60% | 1,146,159 | Common | NONE |
| 46432F834 | IXUS | ISHARES TR | $77.6M | 4.13% | 917,126 | Common | NONE |
| 25434V880 | DFAX | DIMENSIONAL ETF TRUST | $68.4M | 3.64% | 2,090,889 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $60.5M | 3.22% | 198,057 | Common | NONE |
| 464287614 | IWF | ISHARES TR | $54.3M | 2.89% | 114,689 | Common | NONE |
| 92203J407 | BNDX | VANGUARD CHARLOTTE FDS | $53.5M | 2.85% | 1,107,654 | Common | NONE |
| 33939L803 | TLTD | FLEXSHARES TR | $42.6M | 2.27% | 459,789 | Common | NONE |
| 33939L100 | TILT | FLEXSHARES TR | $41.9M | 2.23% | 168,556 | Common | NONE |
| 037833100 | AAPL | APPLE INC | $39.4M | 2.10% | 144,979 | Common | NONE |
| 464287150 | ITOT | ISHARES TR | $31.8M | 1.70% | 214,193 | Common | NONE |
| 46434V647 | REET | ISHARES TR | $21.2M | 1.13% | 848,493 | Common | NONE |
| 46625H100 | JPM | JPMORGAN CHASE & CO. | $17.8M | 0.95% | 55,306 | Common | NONE |
| 025072356 | AVRE | AMERICAN CENTY ETF TR | $13.8M | 0.74% | 317,407 | Common | NONE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $13.8M | 0.73% | 73,990 | Common | NONE |
| 78467Y107 | MDY | SPDR S&P MIDCAP 400 ETF TR | $9.2M | 0.49% | 15,181 | Common | NONE |
| 023135106 | AMZN | AMAZON COM INC | $9.1M | 0.48% | 39,362 | Common | NONE |
| 464287226 | AGG | ISHARES TR | $8.8M | 0.47% | 88,045 | Common | NONE |
| 464287655 | IWM | ISHARES TR | $8.8M | 0.47% | 35,600 | Common | NONE |
| 921908844 | VIG | VANGUARD SPECIALIZED FUNDS | $8.7M | 0.46% | 39,509 | Common | NONE |
| 922907746 | VTEB | VANGUARD MUN BD FDS | $8.3M | 0.44% | 164,269 | Common | NONE |
| 594918104 | MSFT | MICROSOFT CORP | $7.6M | 0.41% | 15,740 | Common | NONE |
| 92206C730 | VONE | VANGUARD SCOTTSDALE FDS | $7.0M | 0.37% | 22,541 | Common | NONE |
| 464288372 | IGF | ISHARES TR | $6.9M | 0.37% | 112,008 | Common | NONE |
| 46435G672 | IAGG | ISHARES TR | $6.3M | 0.34% | 125,904 | Common | NONE |
| 084670108 | BRK/A | BERKSHIRE HATHAWAY INC DEL | $5.3M | 0.28% | 7 | Common | NONE |
| 12572Q105 | CME | CME GROUP INC | $4.9M | 0.26% | 18,110 | Common | NONE |
| 92206C664 | VTWO | VANGUARD SCOTTSDALE FDS | $4.9M | 0.26% | 49,427 | Common | NONE |
| 02079K305 | GOOGL | ALPHABET INC | $3.5M | 0.19% | 11,242 | Common | NONE |
| 22160K105 | COST | COSTCO WHSL CORP NEW | $3.5M | 0.18% | 4,014 | Common | NONE |
| 78463X749 | RWO | SPDR INDEX SHS FDS | $3.0M | 0.16% | 66,212 | Common | NONE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $2.9M | 0.16% | 4,301 | Common | NONE |
| 747525103 | QCOM | QUALCOMM INC | $2.9M | 0.16% | 17,033 | Common | NONE |
| 12503M108 | CBOE | CBOE GLOBAL MKTS INC | $2.8M | 0.15% | 11,114 | Common | NONE |
| 25434V104 | DFAU | DIMENSIONAL ETF TRUST | $2.8M | 0.15% | 58,935 | Common | NONE |
| 931142103 | WMT | WALMART INC | $2.6M | 0.14% | 23,263 | Common | NONE |
| 25434V203 | DFAI | DIMENSIONAL ETF TRUST | $2.6M | 0.14% | 67,115 | Common | NONE |
| 895436103 | TY | TRI CONTL CORP | $2.5M | 0.13% | 75,513 | Common | NONE |
| 922908363 | VOO | VANGUARD INDEX FDS | $2.4M | 0.13% | 3,878 | Common | NONE |
| 46090E103 | QQQ | INVESCO QQQ TR | $2.3M | 0.12% | 3,738 | Common | NONE |
| 084670702 | BRK/B | BERKSHIRE HATHAWAY INC DEL | $2.1M | 0.11% | 4,139 | Common | NONE |
| 464288414 | MUB | ISHARES TR | $2.1M | 0.11% | 19,244 | Common | NONE |
| 594972408 | MSTR | STRATEGY INC | $2.0M | 0.11% | 13,224 | Common | NONE |
| 30303M102 | META | META PLATFORMS INC | $2.0M | 0.10% | 2,965 | Common | NONE |
| G29183103 | ETN | EATON CORP PLC | $1.7M | 0.09% | 5,448 | Common | NONE |
| 149123101 | CAT | CATERPILLAR INC | $1.6M | 0.09% | 2,837 | Common | NONE |
| 30231G102 | XOM | EXXON MOBIL CORP | $1.6M | 0.09% | 13,350 | Common | NONE |
| 904767803 | UL | UNILEVER PLC | $1.5M | 0.08% | 23,640 | Common | NONE |
| 459200101 | IBM | INTERNATIONAL BUSINESS MACHS | $1.5M | 0.08% | 5,163 | Common | NONE |
| G1151C101 | ACN | ACCENTURE PLC IRELAND | $1.4M | 0.08% | 5,388 | Common | NONE |
| 550241103 | LUMN | LUMEN TECHNOLOGIES INC | $1.4M | 0.07% | 180,286 | Common | NONE |
| 88160R101 | TSLA | TESLA INC | $1.3M | 0.07% | 2,806 | Common | NONE |
| 191216100 | KO | COCA COLA CO | $1.2M | 0.06% | 17,079 | Common | NONE |
| 125523100 | CI | THE CIGNA GROUP | $1.2M | 0.06% | 4,181 | Common | NONE |
| 11135F101 | AVGO | BROADCOM INC | $1.1M | 0.06% | 3,057 | Common | NONE |
| 237194105 | DRI | DARDEN RESTAURANTS INC | $1.0M | 0.05% | 5,579 | Common | NONE |
| 478160104 | JNJ | JOHNSON & JOHNSON | $1.0M | 0.05% | 4,878 | Common | NONE |
| 006212104 | ADX | ADAMS DIVERSIFIED EQUITY FD | $991,414 | 0.05% | 42,513 | Common | NONE |
| 011659109 | ALK | ALASKA AIR GROUP INC | $982,862 | 0.05% | 19,540 | Common | NONE |
| 370334104 | GIS | GENERAL MLS INC | $973,152 | 0.05% | 20,928 | Common | NONE |
| 69608A108 | PLTR | PALANTIR TECHNOLOGIES INC | $968,916 | 0.05% | 5,451 | Common | NONE |
| 58933Y105 | MRK | MERCK & CO INC | $932,904 | 0.05% | 8,863 | Common | NONE |
| 464287689 | IWV | ISHARES TR | $910,256 | 0.05% | 2,353 | Common | NONE |
| 464287200 | IVV | ISHARES TR | $909,741 | 0.05% | 1,328 | Common | NONE |
| 316773100 | FITB | FIFTH THIRD BANCORP | $908,175 | 0.05% | 19,401 | Common | NONE |
| 00287Y109 | ABBV | ABBVIE INC | $877,875 | 0.05% | 3,842 | Common | NONE |
| 45866F104 | ICE | INTERCONTINENTAL EXCHANGE IN | $815,302 | 0.04% | 5,034 | Common | NONE |
| 46641Q332 | JEPI | J P MORGAN EXCHANGE TRADED F | $814,230 | 0.04% | 14,225 | Common | NONE |
| 02079K107 | GOOG | ALPHABET INC | $805,699 | 0.04% | 2,568 | Common | NONE |
| 22788C105 | CRWD | CROWDSTRIKE HLDGS INC | $739,704 | 0.04% | 1,578 | Common | NONE |
| 437076102 | HD | HOME DEPOT INC | $738,344 | 0.04% | 2,146 | Common | NONE |
| 25434V799 | DFIC | DIMENSIONAL ETF TRUST | $715,045 | 0.04% | 20,750 | Common | NONE |
| 025816109 | AXP | AMERICAN EXPRESS CO | $712,753 | 0.04% | 1,927 | Common | NONE |
| 110122108 | BMY | BRISTOL-MYERS SQUIBB CO | $702,840 | 0.04% | 13,030 | Common | NONE |
| 921910733 | ESGV | VANGUARD WORLD FD | $676,459 | 0.04% | 5,592 | Common | NONE |
| 532457108 | LLY | ELI LILLY & CO | $660,873 | 0.04% | 615 | Common | NONE |
| 369604301 | GE | GE AEROSPACE | $640,961 | 0.03% | 2,081 | Common | NONE |
| 78463V107 | GLD | SPDR GOLD TR | $640,834 | 0.03% | 1,617 | Common | NONE |
| 384802104 | GWW | WW GRAINGER INC | $631,666 | 0.03% | 626 | Common | NONE |
| 808524102 | SCHB | SCHWAB STRATEGIC TR | $610,160 | 0.03% | 23,262 | Common | NONE |
| 46654Q203 | JEPQ | J P MORGAN EXCHANGE TRADED F | $594,207 | 0.03% | 10,224 | Common | NONE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $581,038 | 0.03% | 2,036 | Common | NONE |
| 921943858 | VEA | VANGUARD TAX-MANAGED FDS | $578,309 | 0.03% | 9,257 | Common | NONE |
| 97717X511 | AGGY | WISDOMTREE TR | $571,586 | 0.03% | 12,976 | Common | NONE |
| 458140100 | INTC | INTEL CORP | $562,782 | 0.03% | 15,252 | Common | NONE |
| 513272104 | LW | LAMB WESTON HLDGS INC | $562,105 | 0.03% | 13,419 | Common | NONE |
| 166764100 | CVX | CHEVRON CORP NEW | $548,397 | 0.03% | 3,598 | Common | NONE |
| 92826C839 | V | VISA INC | $547,884 | 0.03% | 1,562 | Common | NONE |
| 12541W209 | CHRW | C H ROBINSON WORLDWIDE INC | $547,710 | 0.03% | 3,407 | Common | NONE |
| 169656105 | CMG | CHIPOTLE MEXICAN GRILL INC | $516,298 | 0.03% | 13,954 | Common | NONE |
| 64110L106 | NFLX | NETFLIX INC | $512,774 | 0.03% | 5,469 | Common | NONE |
| 02072L516 | CAOS | EA SERIES TRUST | $499,248 | 0.03% | 5,561 | Common | NONE |
| 031162100 | AMGN | AMGEN INC | $490,814 | 0.03% | 1,500 | Common | NONE |
| 713448108 | PEP | PEPSICO INC | $482,601 | 0.03% | 3,363 | Common | NONE |
| 92204A702 | VGT | VANGUARD WORLD FD | $468,840 | 0.02% | 622 | Common | NONE |
| 124411109 | BY | BYLINE BANCORP INC | $462,640 | 0.02% | 15,871 | Common | NONE |
| 594972408 | MSTR | STRATEGY INC | $455,850 | 0.02% | 3,000 | CALL | NONE |
| 57636Q104 | MA | MASTERCARD INCORPORATED | $445,850 | 0.02% | 781 | Common | NONE |
| 98149E303 | GLDM | WORLD GOLD TR | $438,717 | 0.02% | 5,139 | Common | NONE |
| 808524201 | SCHX | SCHWAB STRATEGIC TR | $436,358 | 0.02% | 16,215 | Common | NONE |
| 020002101 | ALL | ALLSTATE CORP | $431,335 | 0.02% | 2,072 | Common | NONE |
| 742718109 | PG | PROCTER AND GAMBLE CO | $424,712 | 0.02% | 2,964 | Common | NONE |
| 922908744 | VTV | VANGUARD INDEX FDS | $424,176 | 0.02% | 2,221 | Common | NONE |
| 464287804 | IJR | ISHARES TR | $419,353 | 0.02% | 3,489 | Common | NONE |
| 007903107 | AMD | ADVANCED MICRO DEVICES INC | $415,899 | 0.02% | 1,942 | Common | NONE |
| 21037T109 | CEG | CONSTELLATION ENERGY CORP | $413,652 | 0.02% | 1,171 | Common | NONE |
| 097023105 | BA | BOEING CO | $411,226 | 0.02% | 1,894 | Common | NONE |
| 46434V878 | ICSH | ISHARES TR | $408,525 | 0.02% | 8,077 | Common | NONE |
| 17275R102 | CSCO | CISCO SYS INC | $399,341 | 0.02% | 5,184 | Common | NONE |
| 36828A101 | GEV | GE VERNOVA INC | $389,529 | 0.02% | 596 | Common | NONE |
| 46641Q654 | JMST | J P MORGAN EXCHANGE TRADED F | $388,730 | 0.02% | 7,631 | Common | NONE |
| 194162103 | CL | COLGATE PALMOLIVE CO | $382,694 | 0.02% | 4,843 | Common | NONE |
| 922042775 | VEU | VANGUARD INTL EQUITY INDEX F | $380,856 | 0.02% | 5,177 | Common | NONE |
| 002824100 | ABT | ABBOTT LABS | $375,535 | 0.02% | 2,997 | Common | NONE |
| 345370860 | F | FORD MTR CO | $368,246 | 0.02% | 28,067 | Common | NONE |
| 512807306 | LRCX | LAM RESEARCH CORP | $368,148 | 0.02% | 2,151 | Common | NONE |
| 580135101 | MCD | MCDONALDS CORP | $366,756 | 0.02% | 1,200 | PUT | NONE |
| 783513203 | RYAAY | RYANAIR HOLDINGS PLC | $360,950 | 0.02% | 5,000 | Common | NONE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $360,509 | 0.02% | 7,261 | Common | NONE |
| 35671D857 | FCX | FREEPORT-MCMORAN INC | $355,429 | 0.02% | 6,998 | Common | NONE |
| 770700102 | HOOD | ROBINHOOD MKTS INC | $350,158 | 0.02% | 3,096 | Common | NONE |
| 143130102 | KMX | CARMAX INC | $347,760 | 0.02% | 9,000 | Common | NONE |
| 46435U713 | IFRA | ISHARES TR | $344,588 | 0.02% | 6,549 | Common | NONE |
| 92343V104 | VZ | VERIZON COMMUNICATIONS INC | $342,554 | 0.02% | 8,410 | Common | NONE |
| 539830109 | LMT | LOCKHEED MARTIN CORP | $340,088 | 0.02% | 703 | Common | NONE |
| 68389X105 | ORCL | ORACLE CORP | $329,955 | 0.02% | 1,693 | Common | NONE |
| 039483102 | ADM | ARCHER DANIELS MIDLAND CO | $329,151 | 0.02% | 5,725 | Common | NONE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $328,809 | 0.02% | 1,082 | Common | NONE |
| N14506104 | ESTC | ELASTIC N V | $325,147 | 0.02% | 4,310 | Common | NONE |
| 97650W108 | WTFC | WINTRUST FINL CORP | $321,447 | 0.02% | 2,299 | Common | NONE |
| 55087P104 | LYFT | LYFT INC | $311,063 | 0.02% | 16,059 | Common | NONE |
| 56585A102 | MPC | MARATHON PETE CORP | $309,648 | 0.02% | 1,904 | Common | NONE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $304,311 | 0.02% | 3,265 | Common | NONE |
| 29446Y502 | EQX | EQUINOX GOLD CORP | $296,525 | 0.02% | 21,120 | Common | NONE |
| 303250104 | FICO | FAIR ISAAC CORP | $294,168 | 0.02% | 174 | Common | NONE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $280,924 | 0.01% | 851 | Common | NONE |
| 126408103 | CSX | CSX CORP | $276,008 | 0.01% | 7,614 | Common | NONE |
| 00206R102 | T | AT&T INC | $275,994 | 0.01% | 11,111 | Common | NONE |
| 73642K106 | PTLO | PORTILLOS INC | $266,703 | 0.01% | 58,745 | Common | NONE |
| 92206C565 | BNDW | VANGUARD SCOTTSDALE FDS | $266,553 | 0.01% | 3,878 | Common | NONE |
| 254687106 | DIS | DISNEY WALT CO | $262,696 | 0.01% | 2,309 | Common | NONE |
| 922908736 | VUG | VANGUARD INDEX FDS | $261,120 | 0.01% | 535 | Common | NONE |
| 060505104 | BAC | BANK AMERICA CORP | $255,035 | 0.01% | 4,637 | Common | NONE |
| 380237107 | GDDY | GODADDY INC | $248,160 | 0.01% | 2,000 | Common | NONE |
| 46138E537 | PZA | INVESCO EXCH TRADED FD TR II | $242,868 | 0.01% | 10,473 | Common | NONE |
| 697435105 | PANW | PALO ALTO NETWORKS INC | $241,487 | 0.01% | 1,311 | Common | NONE |
| 81369Y704 | XLI | SELECT SECTOR SPDR TR | $241,262 | 0.01% | 1,555 | Common | NONE |
| 81369Y209 | XLV | SELECT SECTOR SPDR TR | $240,370 | 0.01% | 1,553 | Common | NONE |
| 46429B671 | MCHI | ISHARES TR | $240,280 | 0.01% | 4,000 | Common | NONE |
| 170386106 | COFS | CHOICEONE FINL SVCS INC | $239,112 | 0.01% | 8,100 | Common | NONE |
| 464288521 | USRT | ISHARES TR | $234,153 | 0.01% | 4,111 | Common | NONE |
| 464287507 | IJH | ISHARES TR | $232,955 | 0.01% | 3,530 | Common | NONE |
| 464287721 | IYW | ISHARES TR | $231,289 | 0.01% | 1,158 | Common | NONE |
| 717081103 | PFE | PFIZER INC | $230,593 | 0.01% | 9,261 | Common | NONE |
| 24703L202 | DELL | DELL TECHNOLOGIES INC | $230,536 | 0.01% | 1,831 | Common | NONE |
| 808524805 | SCHF | SCHWAB STRATEGIC TR | $229,734 | 0.01% | 9,556 | Common | NONE |
| 548661107 | LOW | LOWES COS INC | $227,203 | 0.01% | 942 | Common | NONE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $226,404 | 0.01% | 2,970 | Common | NONE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $223,797 | 0.01% | 2,881 | Common | NONE |
| 617446448 | MS | MORGAN STANLEY | $221,904 | 0.01% | 1,250 | Common | NONE |
| 46428R107 | GSG | ISHARES S&P GSCI COMMODITY- | $221,376 | 0.01% | 9,600 | Common | NONE |
| 070830104 | BBWI | BATH & BODY WORKS INC | $213,993 | 0.01% | 10,657 | Common | NONE |
| 464287309 | IVW | ISHARES TR | $211,564 | 0.01% | 1,716 | Common | NONE |
| 040413205 | ANET | ARISTA NETWORKS INC | $209,124 | 0.01% | 1,596 | Common | NONE |
| 438516106 | HON | HONEYWELL INTL INC | $208,838 | 0.01% | 1,070 | Common | NONE |
| 921910725 | VSGX | VANGUARD WORLD FD | $203,756 | 0.01% | 2,845 | Common | NONE |
| 143658300 | CCL1EUR | CARNIVAL CORP | $203,580 | 0.01% | 6,666 | Common | NONE |
| 911312106 | UPS | UNITED PARCEL SERVICE INC | $201,059 | 0.01% | 2,027 | Common | NONE |
| 40049J206 | TV | GRUPO TELEVISA S A B | $145,500 | 0.01% | 50,000 | Common | NONE |
| G9451V109 | VINP | VINCI COMPASS INVESTMENTS LT | $130,400 | 0.01% | 10,000 | Common | NONE |
| 02319V103 | ABEV | AMBEV SA | $123,500 | 0.01% | 50,000 | Common | NONE |
| 64049M209 | NEO | NEOGENOMICS INC | $117,600 | 0.01% | 10,000 | Common | NONE |
| 30260D103 | FIGS | FIGS INC | $113,600 | 0.01% | 10,000 | Common | NONE |
| 50101L106 | DNUT | KRISPY KREME INC | $40,200 | 0.00% | 10,000 | Common | NONE |
| 373737105 | GGB | GERDAU SA | $36,900 | 0.00% | 10,000 | Common | NONE |
| 88338K103 | STKS | THE ONE GROUP HOSPITALITY IN | $35,000 | 0.00% | 20,000 | Common | NONE |
| 53946R106 | LDI | LOANDEPOT INC | $31,050 | 0.00% | 15,000 | Common | NONE |
| 65540B105 | NDLSUSD | NOODLES & CO | $17,650 | 0.00% | 25,000 | Common | NONE |
| 91060H108 | UHG | UNITED HOMES GROUP INC | $15,600 | 0.00% | 10,000 | Common | NONE |
| 816307300 | SLQT | SELECTQUOTE INC | $14,100 | 0.00% | 10,000 | Common | NONE |
| 08862E109 | BYND | BEYOND MEAT INC | $8,298 | 0.00% | 10,119 | Common | NONE |
| 862945102 | ASST | STRIVE INC | $7,456 | 0.00% | 10,102 | 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.