# B & T Capital Management DBA Alpha Capital Management

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1450935. Source: https://holderbook.com/funds/1450935-b-t-capital-management-dba-alpha-capital-management/

- Reported value: $770.3M
- Positions: 128
- Weight of the ten largest: 41.0%
- Filed: 2026-08-07

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $80.4M | 1,094,723 | 10.4% | 20 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $59.2M | 80,436 | 7.7% | 31 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $29.1M | 311,596 | 3.8% | 11 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $23.5M | 243,879 | 3.1% | 21 |
| ETF SER SOLUTIONS | [QTUM](https://holderbook.com/stocks/QTUM/) | $23.5M | 141,848 | 3.0% | 5 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $22.9M | 779,637 | 3.0% | 31 |
| ISHARES TR | [IGF](https://holderbook.com/stocks/IGF/) | $22.3M | 335,509 | 2.9% | 4 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $21.4M | 632,037 | 2.8% | 31 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $16.9M | 184,103 | 2.2% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JMEE](https://holderbook.com/stocks/JMEE/) | $16.3M | 209,506 | 2.1% | 7 |
| RBB FD INC | [TBIL](https://holderbook.com/stocks/TBIL/) | $16.3M | 326,051 | 2.1% | 10 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $15.7M | 364,252 | 2.0% | 7 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.4M | 49,931 | 1.9% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.2M | 39,807 | 1.8% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $13.3M | 66,537 | 1.7% | 25 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $12.4M | 6,555 | 1.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $12.1M | 36,817 | 1.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.2M | 46,872 | 1.5% | 31 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $10.9M | 15,083 | 1.4% | 6 |
| ATLAS ENERGY SOLUTIONS INC | [AESI](https://holderbook.com/stocks/AESI/) | $10.6M | 635,481 | 1.4% | 11 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $9.7M | 82,413 | 1.3% | 28 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $9.6M | 109,534 | 1.2% | 11 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $9.4M | 101,903 | 1.2% | 29 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $8.5M | 17,865 | 1.1% | 6 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $8.5M | 8,000 | 1.1% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $8.2M | 14,531 | 1.1% | 29 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $8.1M | 21,334 | 1.0% | 31 |
| WILLIAMS SONOMA INC | [WSM](https://holderbook.com/stocks/WSM/) | $7.8M | 33,634 | 1.0% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $7.8M | 57,156 | 1.0% | 31 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $7.5M | 4,396 | 1.0% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.3M | 19,518 | 0.9% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $7.2M | 28,706 | 0.9% | 25 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $7.0M | 20,601 | 0.9% | 31 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $6.6M | 136,529 | 0.9% | 22 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $6.5M | 57,543 | 0.8% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $6.5M | 50,298 | 0.8% | 31 |
| VULCAN MATLS CO | [VMC](https://holderbook.com/stocks/VMC/) | $6.2M | 20,905 | 0.8% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $6.1M | 17,697 | 0.8% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $5.7M | 20,366 | 0.7% | 6 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $5.7M | 15,764 | 0.7% | 10 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $5.7M | 5,781 | 0.7% | 12 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.5M | 54,262 | 0.7% | 4 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $5.5M | 5,737 | 0.7% | 7 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $5.3M | 10,456 | 0.7% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $5.3M | 5,262 | 0.7% | 27 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $5.3M | 15,033 | 0.7% | 29 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $5.2M | 54,237 | 0.7% | 2 |
| KENVUE INC | [KVUE](https://holderbook.com/stocks/KVUE/) | $5.1M | 265,605 | 0.7% | 11 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $5.0M | 30,029 | 0.6% | 18 |
| MSCI INC | [MSCI](https://holderbook.com/stocks/MSCI/) | $4.8M | 8,560 | 0.6% | 10 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $4.8M | 35,169 | 0.6% | 25 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $4.7M | 31,793 | 0.6% | 22 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $4.5M | 17,726 | 0.6% | 21 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $4.5M | 38,169 | 0.6% | 10 |
| SOFI TECHNOLOGIES INC | [SOFI](https://holderbook.com/stocks/SOFI/) | $4.0M | 225,592 | 0.5% | 21 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.9M | 3,287 | 0.5% | 9 |
| JAMES HARDIE INDS PLC | [JHX](https://holderbook.com/stocks/JHX/) | $3.8M | 144,250 | 0.5% | 2 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $3.6M | 4,339 | 0.5% | 2 |
| MARTIN MARIETTA MATLS INC | [MLM](https://holderbook.com/stocks/MLM/) | $3.4M | 5,892 | 0.4% | 31 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $3.4M | 12,166 | 0.4% | 7 |
| RH | [RH](https://holderbook.com/stocks/RH/) | $3.3M | 20,163 | 0.4% | 25 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $3.3M | 7,731 | 0.4% | 1 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $3.2M | 22,093 | 0.4% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $3.2M | 6,239 | 0.4% | 31 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $3.1M | 27,429 | 0.4% | 25 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $3.1M | 3,343 | 0.4% | 22 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $3.0M | 4,778 | 0.4% | 8 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $2.9M | 22,560 | 0.4% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.9M | 4,033 | 0.4% | 25 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $2.9M | 11,658 | 0.4% | 8 |
| HONEYWELL INTL INC | [HON](https://holderbook.com/stocks/HON/) | $2.7M | 12,178 | 0.4% | 1 |
| HONEYWELL AEROSPACE INC | [HONA](https://holderbook.com/stocks/HONA/) | $2.7M | 12,120 | 0.3% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $2.5M | 34,920 | 0.3% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $2.3M | 1,994 | 0.3% | 9 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.3M | 71,828 | 0.3% | 31 |
| HALLIBURTON CO | [HAL](https://holderbook.com/stocks/HAL/) | $2.2M | 65,440 | 0.3% | 1 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $1.8M | 5,048 | 0.2% | 10 |
| T ROWE PRICE EXCHANGE-TRADED | [TBUX](https://holderbook.com/stocks/TBUX/) | $1.5M | 31,000 | 0.2% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.4M | 3,446 | 0.2% | 25 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.4M | 12,244 | 0.2% | 7 |
| STRATUS PPTYS INC | [STRS](https://holderbook.com/stocks/STRS/) | $1.4M | 47,806 | 0.2% | 12 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.4M | 16,770 | 0.2% | 25 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $1.3M | 25,005 | 0.2% | 2 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $1.3M | 2,965 | 0.2% | 10 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.2M | 3,210 | 0.2% | 31 |
| AMPLIFY ETF TR | [BLOK](https://holderbook.com/stocks/BLOK/) | $1.2M | 18,808 | 0.2% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $1.1M | 19,889 | 0.1% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.1M | 3,634 | 0.1% | 2 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $995.8K | 6,510 | 0.1% | 23 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $992.7K | 2,810 | 0.1% | 25 |
| SPOTIFY TECHNOLOGY S A | [SPOT](https://holderbook.com/stocks/SPOT/) | $861.3K | 1,876 | 0.1% | 10 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $850.3K | 1,238 | 0.1% | 19 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $838.4K | 2,504 | 0.1% | 3 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $833.2K | 8,371 | 0.1% | 3 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $816.4K | 2,697 | 0.1% | 1 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $795.3K | 11,162 | 0.1% | 31 |
| INFLEQTION INC | [INFQ](https://holderbook.com/stocks/INFQ/) | $760.0K | 57,056 | 0.1% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $731.1K | 1,461 | 0.1% | 24 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $684.3K | 7,701 | 0.1% | 2 |
| TALEN ENERGY CORP | [TLN](https://holderbook.com/stocks/TLN/) | $646.7K | 1,683 | 0.1% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.0% | +14.8% | -2.8% | 100% |
| Q1 2026 | -2.2% | -4.6% | +2.4% | 100% |
| Q4 2025 | +0.4% | +2.4% | -2.0% | 100% |
| Q3 2025 | +7.5% | +7.8% | -0.4% | 100% |
| Q2 2025 | +10.8% | +10.5% | +0.3% | 100% |
| Q1 2025 | -4.9% | -4.6% | -0.4% | 100% |
| Q4 2024 | +2.7% | +2.1% | +0.5% | 100% |
| Q3 2024 | +6.9% | +5.4% | +1.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $770.3M | 128 |
| Q1 2026 | $689.9M | 115 |
| Q4 2025 | $709.9M | 116 |
| Q3 2025 | $630.4M | 117 |
| Q2 2025 | $580.8M | 112 |
| Q1 2025 | $526.1M | 115 |
| Q4 2024 | $545.6M | 114 |
| Q3 2024 | $532.1M | 111 |
| Q2 2024 | $513.8M | 114 |
| Q1 2024 | $512.6M | 115 |
| Q4 2023 | $483.9M | 112 |
| Q3 2023 | $427.2M | 108 |