Fund HoldingsWaterloo Capital, L.P.

Total Portfolio Value
$1.39B
Total Bought
$158.13M
Total Sold
$105.96M
Net Transaction
+$52.17M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
FIDELITY ENHANCED INTERNATIONAL ETF
ENHANCED INTL
0681,466+681,466024,9281.80%+24,928
WALMART INC COM(WMT)403,744434,730+30,98641,59448,4333.50%+6,840
ISHARES MSCI EMERGING MARKETS EX CHINA ETF
MSCI EMRG CHN
083,305+83,30506,0550.44%+6,055
VANGUARD S&P 500 ETF25,57832,082+6,50415,66420,1191.45%+4,456
APPLE INC(AAPL)132,095139,654+7,55933,63537,9662.74%+4,331
ISHARES S&P 500 INDEX74,53478,692+4,15849,88653,8993.89%+4,014
VANGUARD RUSSELL 2000 ETF
VNG RUS2000IDX
037,240+37,24003,7060.27%+3,706
ALPHABET INC CAP STK CL C(GOOG)34,52337,776+3,2538,40811,8540.86%+3,446
ISHARES RUSSELL 2000 ETF PUT(Put)013,700+13,70003,372+3,372
VANECK J. P. MORGAN EM LOCAL CURRENCY BOND ETF
JP MRGAN EM LOC
108,668218,905+110,2372,7725,6520.41%+2,880
BNY MELLON GLOBAL INFRASTRUCTURE INCOME ETF
GLOBAL INFRASCTR
068,095+68,09502,7470.20%+2,747
HOST MARRIOTT CORP NEW REIT(HST)0166,859+166,85902,9580.21%+2,958
STATE STREET SPDR PORTFOLIO S&P 500 ETF
ST STR P500ETF
0194,087+194,087015,5701.12%+15,570
MERCK & CO INC(MRK)026,367+26,36702,7750.20%+2,775
REGIONS FINANCIAL CORP NEW(RF)0135,909+135,90903,6830.27%+3,683
ALPHABET INC CAP STK CL A(GOOG)26,86827,191+3236,5328,5110.61%+1,979
OUTFRONT MEDIA INC COM NEW(OUT)0108,263+108,26302,6090.19%+2,609
STATE STREET FINANCIAL SELECT SECTOR SPDR ETF
ST STR FINL ETF
0237,366+237,366013,0010.94%+13,001
CROWN CASTLE INTL CORP(CCI)020,965+20,96501,8630.13%+1,863
FIRST FINL BANKSHARES INC COM(FFIN)068,899+68,89902,0580.15%+2,058
VERTEX PHARMACEUTICALS IN(VRTX)03,929+3,92901,7810.13%+1,781
ELI LILLY & CO COM(LLY)04,160+4,16004,4710.32%+4,471
APTUS INTERNATIONAL ENHANCED YIELD
APTUS INT ENH YL
933,883976,956+43,07321,99323,7691.72%+1,776
STATE STREET SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF
ST TERM HIGH ETF
0379,793+379,79309,6160.69%+9,616
AMPHENOL CORP CL A5,56314,359+8,7966881,9400.14%+1,252
VERTIV HOLDINGS CO COM CL A(VRT)08,694+8,69401,4090.10%+1,409
ISHARES CORE TOTAL USD BOND MARKET ETF
CORE UNIVRSL USD
024,066+24,06601,1200.08%+1,120
ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF
0-5YR HI YL CP
235,112263,331+28,21910,18011,2890.81%+1,109
NEWMONT CORP COM(NEM)014,369+14,36901,4350.10%+1,435
WELLS FARGO & CO COM(WFC)067,516+67,51606,2920.45%+6,292
ISHARES RUSSELL 1000 VALUE ETF151,850151,923+7330,91531,9562.31%+1,040
ISHARES RUSSELL 3000 ETF02,573+2,57309950.07%+995
HCA INC(HCA)02,985+2,98501,3940.10%+1,394
BROADCOM INC COM(AVGO)47,95248,400+44815,82016,7511.21%+932
ALBEMARLE CORP(ALB)06,511+6,51109210.07%+921
ISHARES CORE 30/70 CONSERVATIVE ALLOCATION ETF036,058+36,05801,4470.10%+1,447
AMAZON.COM INC(AMZN)58,83659,339+50312,91913,6970.99%+778
OMEGA HEALTHCARE INVS INC COM(OHI)120,024131,555+11,5315,0675,8330.42%+766
ISHARES 7-10 YEAR TREASURY BOND ETF128,261136,590+8,32912,37213,1340.95%+762
HUNT J B TRANS SVCS INC COM(JBHT)08,832+8,83201,7160.12%+1,716
CLEARWAY ENERGY INC CL A(CWEN)0145,531+145,53104,5730.33%+4,573
BANK AMERICA CORP COM68,69577,962+9,2673,5444,2880.31%+744
TYSON FOODS INC CL A(TSN)038,417+38,41702,2520.16%+2,252
THERMO FISHER SCIENTIFIC INC COM(TMO)02,951+2,95101,7100.12%+1,710
JOHNSON & JOHNSON COM(JNJ)22,47023,622+1,1524,1664,8890.35%+722
TRAVEL PLUS LEISURE CO COM(TNL)52,68854,583+1,8953,1343,8500.28%+715
ISHARES 1-3 YEAR TREASURY BOND ETF014,569+14,56901,2070.09%+1,207
INVESCO NASDAQ 100 ETF
NASDAQ 100 ETF
127,179127,017-16231,42832,1252.32%+697
APTUS LARGE CAP ENHANCED YIELD ETF
APTUS LARGE CAP
0214,694+214,69408,0880.58%+8,088
ATMOS ENERGY CORP COM(ATO)24,42228,752+4,3304,1704,8200.35%+650
ISHARES GOLD TRUST(IAU)87,40886,156-1,2526,3616,9930.50%+633
INTUITIVE SURGICAL, INC.04,279+4,27902,4230.17%+2,423
APPLOVIN CORP COM CL A(APP)1,0222,014+9927341,3570.10%+623
TJX COS INC NEW COM(TJX)17,56720,538+2,9712,5393,1550.23%+616
NVIDIA CORP(NVDA)167,225170,471+3,24631,20131,7932.29%+592
MICRON TECHNOLOGY(MU)03,921+3,92101,1190.08%+1,119
REGENERON PHARMACEUTICALS COM(REGN)0745+74505750.04%+575
SIXTH STREET SPECIALTY LENDING COM(TSLX)0140,396+140,39603,0490.22%+3,049
BERKSHIRE HATHAWAY INC DEL CL B NEW010,104+10,10405,0790.37%+5,079
INVESCO S&P 500 EQUAL WEIGHT ETF
S&P500 EQL WGT
0149,865+149,865028,7082.07%+28,708
MONSTER BEVERAGE CORP(MNST)15,23020,485+5,2551,0251,5710.11%+545
NUCOR CORP COM(NUE)06,341+6,34101,0340.07%+1,034
ISHARES RUSSELL 2000 ETF03,125+3,12507690.06%+769
HERCULES CAPITAL INC COM(HCXY)0185,319+185,31903,4880.25%+3,488
DOVER CORP COM(DOV)02,505+2,50504890.04%+489
VANGUARD FTSE ALL-WORLD EX-US7,81813,945+6,1275581,0260.07%+468
EXXON MOBIL CORP COM33,91635,651+1,7353,8244,2900.31%+466
ROSS STORES INC(ROST)05,712+5,71201,0290.07%+1,029
SEAGATE TECHNOLOGY
ORD SHS
22,54620,967-1,5795,3225,7740.42%+452
S&P GLOBAL INC COM(SPGI)05,372+5,37202,8070.20%+2,807
FEDEX CORP(FDX)02,262+2,26206530.05%+653
VANGUARD MEGA CAP VALUE ETF03,034+3,03404280.03%+428
MARRIOTT INTL INC(MAR)01,370+1,37004250.03%+425
COCA COLA CO COM(KO)055,379+55,37903,8720.28%+3,872
ADVANCED MICRO DEVICES INC COM(AMD)06,691+6,69101,4330.10%+1,433
ISHARES NATIONAL MUNI BOND ETF135,541138,385+2,84414,43414,8221.07%+389
AMERICAN EXPRESS CO COM(AXP)02,350+2,35008690.06%+869
ARCHER DANIELS MIDLAND CO COM06,473+6,47303720.03%+372
STATE STREET SPDR S&P BANK ETF
ST STR SP BANK
06,091+6,09103700.03%+370
MORGAN STANLEY(MS)06,096+6,09601,0820.08%+1,082
POWERSHARES QQQ TR9,4389,815+3775,6666,0290.44%+363
UGI CORP NEW COM(UGI)075,375+75,37502,8210.20%+2,821
CIENA CORP COM NEW(CIEN)01,537+1,53703590.03%+359
AMERICAN CAPITAL AGENCY CORP.(AGNC)291,903299,855+7,9522,8583,2140.23%+357
STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF
ST STR SP600 SML
07,592+7,59203560.03%+356
J M SMUCKER CO NEW(SJM)03,626+3,62603550.03%+355
VANECK SEMICONDUCTOR ETF
SEMICONDUCTR ETF
20,37719,432-9456,6506,9980.51%+348
EMERSON ELEC CO COM(EMR)016,995+16,99502,2560.16%+2,256
NEXTERA ENERGY INC COM(NEE)036,182+36,18202,9050.21%+2,905
DANAHER CORP(DHR)02,796+2,79606400.05%+640
CUMMINS INC COM(CMI)01,179+1,17906020.04%+602
TOUCHSTONE ULTRA SHORT INCOME ETF
ULTRA SHORT INCM
012,800+12,80003240.02%+324
ULTA BEAUTY INC COM(ULTA)0509+50903080.02%+308
APTUS LARGE CAP UPSIDE ETF
APTUS LRG CAP UP
398,055407,706+9,65110,61410,9180.79%+304
TESLA MOTORS INC(TSLA)16,69617,136+4407,4257,7070.56%+281
ASML HLDG NV N Y REGISTRY SHS
N Y REGISTRY SHS
1,9151,996+811,8542,1350.15%+281
HILTON WORLDWIDE HLDGS INC COM(HLT)0976+97602800.02%+280
APTUS DRAWDOWN MANAGED EQUITY ETF
APTUS DRAWDOWN
258,789263,007+4,21813,21513,4950.97%+280
KEYSIGHT TECHNOLOGIES INC COM(KEYS)01,363+1,36302770.02%+277
NASDAQ INC COM(NDAQ)02,834+2,83402750.02%+275
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