Capstone Financial Advisors, Inc.

CIK: 0001599217Latest portfolio: $1.9B · Q4 2025

Holdings

184

Total Value

$1.9B

New Positions

14

Closed Positions

11

#StockSharesValue% PortfolioChangeType
1
VTIVANGUARD INDEX FDS
957,838$321.1M17.10%+13K
2
IWBISHARES TR
649,033$242.4M12.90%-5,384
3
DFACDIMENSIONAL ETF TRUST
5,480,371$217.0M11.55%+99K
4
NFRAFLEXSHARES TR
2,290,009$138.6M7.38%+136K
5
BNDVANGUARD BD INDEX FDS
1,765,970$130.8M6.96%+40K
6
VXUSVANGUARD STAR FDS
1,146,159$86.5M4.60%-44
7
IXUSISHARES TR
917,126$77.6M4.13%+424
8
DFAXDIMENSIONAL ETF TRUST
2,090,889$68.4M3.64%-1,736
9
MCDMCDONALDS CORP
199,257$60.9M3.24%NEWPut
10
IWFISHARES TR
114,689$54.3M2.89%-139
11
BNDXVANGUARD CHARLOTTE FDS
1,107,654$53.5M2.85%+39K
12
TLTDFLEXSHARES TR
459,789$42.6M2.27%-1,209
13
TILTFLEXSHARES TR
168,556$41.9M2.23%-15,639
14
AAPLAPPLE INC
144,979$39.4M2.10%-5,384
15
ITOTISHARES TR
214,193$31.8M1.70%+543
16
REETISHARES TR
848,493$21.2M1.13%+4K
17
JPMJPMORGAN CHASE & CO.
55,306$17.8M0.95%-321
18
AVREAMERICAN CENTY ETF TR
317,407$13.8M0.74%+13K
19
NVDANVIDIA CORPORATION
73,990$13.8M0.73%-3,290
20
MDYSPDR S&P MIDCAP 400 ETF TR
15,181$9.2M0.49%-159
21
AMZNAMAZON COM INC
39,362$9.1M0.48%-662
22
AGGISHARES TR
88,045$8.8M0.47%-2,856
23
IWMISHARES TR
35,600$8.8M0.47%+77
24
VIGVANGUARD SPECIALIZED FUNDS
39,509$8.7M0.46%-1,004
25
VTEBVANGUARD MUN BD FDS
164,269$8.3M0.44%-704

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
NFRA2.3M+136K
DFAC5.5M+99K
BND1.8M+40K
BNDX1.1M+39K
AVRE317K+13K
VTI958K+13K
REET848K+4K
ACN5K+3K
KMX9K+2K
IBIT7K+2K

Decreased Positions

NameSharesChange
TILT169K-15639
WMT23K-8315
BMY13K-5511
LUMN180K-5400
IWB649K-5384
AAPL145K-5384
INTC15K-4091
NVDA74K-3290
AGG88K-2856
T11K-1956

Sector Breakdown

Financial Services0.0% ($3.2113424237421696e+283T)
Technology0.0% ($3.9413137997612293e+77T)
Consumer Cyclical0.0% ($6.089890851261103e+38T)
Consumer Defensive0.0% ($3.461259115461195e+30T)
Industrials0.0% ($1.7351625982640631e+28T)
Unknown0.0% ($5.283246422962081e+26T)
Healthcare0.0% ($1.15010099328777e+25T)
Communication Services0.0% ($3518195714008055.0T)
Energy0.0% ($1.6T)
Basic Materials0.0% ($35.5B)
Utilities0.0% ($413.4M)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 17, 2026$1.9B186
Q3 2025Nov 14, 2025$1.8T184
Q2 2025Aug 8, 2025$1.7T178
Q1 2025May 9, 2025$1.6T158
Q4 2024Feb 14, 2025$1.6T157
Q3 2024Nov 14, 2024$1625.7T158
Q2 2024Aug 13, 2024$1514.9T158
Q1 2024May 14, 2024$1488.3T151
Q4 2023Feb 13, 2024$1396.3T151
Q3 2023Nov 13, 2023$1267.4T146
Q2 2023Aug 15, 2023$1330.5T147
Q1 2023May 12, 2023$1264.9T140
Q4 2022Feb 15, 2023$1182.1T140
Q3 2022Nov 15, 2022$1.1T141
Q2 2022Sep 2, 2022$1.2T141
Q1 2022May 13, 2022$1.4T143
Q4 2021Feb 11, 2022$1.4T142
Q3 2021Nov 15, 2021$1.3T142
Q2 2021Aug 16, 2021$1.3T138
Q1 2021May 13, 2021$1.1T130
Q4 2020Feb 16, 2021$1.1T118
Q3 2020Nov 13, 2020$945.7B112
Q2 2020Aug 14, 2020$874.3B105
Q1 2020May 14, 2020$766.0B97
Q4 2019Feb 14, 2020$710.7B106
Q3 2019Nov 13, 2019$653.9B102
Q2 2019Aug 12, 2019$618.1B94
Q1 2019May 14, 2019$585.1B98
Q4 2018Feb 14, 2019$498.1B91
Q3 2018Nov 20, 2018$402.5B88
Q2 2018Aug 15, 2018$333.2B85
Q1 2018May 15, 2018$303.1B94
Q4 2017Feb 14, 2018$268.0B84
Q3 2017Nov 14, 2017$224.9B85
Q2 2017Aug 14, 2017$206.9B77
Q1 2017May 12, 2017$197.2B74
Q4 2016Feb 14, 2017$219.2B75
Q3 2016Nov 14, 2016$188.4B75
Q2 2016Aug 12, 2016$185.1B72
Q1 2016May 9, 2016$252.6B71

Fund Information

CIK0001599217
Most Recent FilingFeb 17, 2026
Number of Filings40

Capstone Financial Advisors, Inc. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $1.9B across 184 holdings. The largest position is VANGUARD INDEX FDS (VTI), representing 17.1% of the portfolio. Compared to the previous quarter, the fund opened 17 new positions and closed 15 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.