SHEPHERD KAPLAN KROCHUK, LLC Q3 2025 Filing

Filed November 13, 2025

Portfolio Value

$121.8B

Holdings

61

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (61 positions)

#StockSharesValue% PortfolioType
1
ANGLVANECK ETF TRUST
323,476$9.6B7.89%
2
VTIVANGUARD INDEX FDS
23,814$7.8B6.41%
3
AAPLAPPLE INC
30,367$7.7B6.35%
4
USMVISHARES TR
68,771$6.5B5.37%
5
MTUMISHARES TR
22,537$5.8B4.74%
6
SCHVSCHWAB STRATEGIC TR
189,779$5.5B4.53%
7
JQUAJ P MORGAN EXCHANGE TRADED F
82,746$5.2B4.27%
8
ACWIISHARES TR
27,318$3.8B3.10%
9
ETENERGY TRANSFER L P
217,531$3.7B3.06%
10
JMBSJANUS DETROIT STR TR
79,396$3.6B2.98%
11
IJRISHARES TR
29,871$3.5B2.91%
12
CPBTHE CAMPBELLS COMPANY
108,910$3.4B2.82%
13
JEPIJ P MORGAN EXCHANGE TRADED F
57,823$3.3B2.71%
14
PMBSPIMCO ETF TR
33,207$3.3B2.69%
15
SHVISHARES TR
27,218$3.0B2.47%
16
BRK/BBERKSHIRE HATHAWAY INC DEL
5,807$2.9B2.40%
17
SCHDSCHWAB STRATEGIC TR
102,763$2.8B2.30%
18
VOVANGUARD INDEX FDS
9,073$2.7B2.19%
19
SGOVISHARES TR
23,982$2.4B1.98%
20
SPDNDIREXION SHS ETF TR
247,405$2.4B1.95%
21
VNQVANGUARD INDEX FDS
23,369$2.1B1.75%
22
ZROZPIMCO ETF TR
29,984$2.0B1.67%
23
HDEFDBX ETF TR
67,650$2.0B1.63%
24
KMIKINDER MORGAN INC DEL
66,820$1.9B1.55%
25
PGXINVESCO EXCH TRADED FD TR II
153,126$1.8B1.46%
26
SSPYEXCHANGE LISTED FDS TR
16,242$1.4B1.16%
27
VIOOVANGUARD ADMIRAL FDS INC
12,604$1.4B1.14%
28
IVWISHARES TR
7,938$958.3M0.79%
29
PFEPFIZER INC
36,210$922.6M0.76%
30
NEMNEWMONT CORP
10,921$920.8M0.76%
31
MGAMAGNA INTL INC
19,096$904.8M0.74%
32
IVVISHARES TR
1,344$899.4M0.74%
33
BIVVANGUARD BD INDEX FDS
11,170$872.2M0.72%
34
IBITISHARES BITCOIN TRUST ETF
13,212$858.8M0.70%
35
JPEMJ P MORGAN EXCHANGE TRADED F
14,545$858.1M0.70%
36
DUKDUKE ENERGY CORP NEW
6,865$849.5M0.70%
37
VOOVANGUARD INDEX FDS
1,387$849.5M0.70%
38
GILDGILEAD SCIENCES INC
6,981$774.9M0.64%
39
DOWDOW INC
33,569$769.7M0.63%
40
IBMINTERNATIONAL BUSINESS MACHS
2,618$738.7M0.61%
41
EPDENTERPRISE PRODS PARTNERS L
22,538$704.8M0.58%
42
GSIEGOLDMAN SACHS ETF TR
16,896$694.6M0.57%
43
BENFRANKLIN RESOURCES INC
25,045$579.3M0.48%
44
PNCPNC FINL SVCS GROUP INC
2,825$567.6M0.47%
45
NDQINVESCO QQQ TR
919$551.7M0.45%
46
NUVNUVEEN MUN VALUE FD INC
60,045$539.2M0.44%
47
AMLPALPS ETF TR
10,866$510.0M0.42%
48
VUGVANGUARD INDEX FDS
1,042$499.8M0.41%
49
BACVERIZON COMMUNICATIONS INC
11,324$497.7M0.41%
50
VTEBVANGUARD MUN BD FDS
9,827$492.0M0.40%
51
TBFPROSHARES TR
17,162$407.1M0.33%
52
SPYSPDR S&P 500 ETF TR
594$395.8M0.32%
53
CMCSACOMCAST CORP NEW
12,505$392.9M0.32%
54
OSEAHARBOR ETF TRUST
11,633$344.0M0.28%
55
GQ9SPDR GOLD TR
959$340.9M0.28%
56
MDSTULTIMUS MANAGERS TR
11,358$303.4M0.25%
57
TAT&T INC
10,714$302.6M0.25%
58
GOOGALPHABET INC
929$226.3M0.19%
59
MSFTMICROSOFT CORP
431$223.2M0.18%
60
SPGPINVESCO EXCHANGE TRADED FD T
1,797$204.2M0.17%
61
NRGVENERGY VAULT HOLDINGS INC
47,975$142.5M0.12%