# Smith Anglin Financial, LLC

> Institutional holdings reported to the SEC as of Q2 2025 on Form 13F. CIK 1553540. Source: https://holderbook.com/funds/1553540-smith-anglin-financial-llc/

- Reported value: $1.1B
- Positions: 209
- Weight of the ten largest: 66.5%
- Filed: 2025-07-17

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 |
|---|---|---|---|---|---|
| WISDOMTREE TR | [QGRW](https://holderbook.com/stocks/QGRW/) | $178.4M | 3,394,147 | 16.1% | 1 |
| VICTORY PORTFOLIOS II | [VFLO](https://holderbook.com/stocks/VFLO/) | $96.2M | 2,720,743 | 8.7% | 4 |
| WISDOMTREE TR | [WTV](https://holderbook.com/stocks/WTV/) | $96.2M | 1,112,973 | 8.7% | 1 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $93.8M | 1,466,401 | 8.5% | 9 |
| VICTORY PORTFOLIOS II | [GFLW](https://holderbook.com/stocks/GFLW/) | $76.5M | 2,911,463 | 6.9% | 2 |
| CAMBRIA ETF TR | [FYLD](https://holderbook.com/stocks/FYLD/) | $51.1M | 1,747,389 | 4.6% | 9 |
| CAMBRIA ETF TR | [EYLD](https://holderbook.com/stocks/EYLD/) | $42.3M | 1,171,057 | 3.8% | 9 |
| ISHARES TR | [TLH](https://holderbook.com/stocks/TLH/) | $41.0M | 403,125 | 3.7% | 7 |
| WISDOMTREE TR | [WCBR](https://holderbook.com/stocks/WCBR/) | $32.3M | 1,011,972 | 2.9% | 6 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $27.4M | 248,802 | 2.5% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $23.1M | 37,369 | 2.1% | 19 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $22.7M | 110,455 | 2.1% | 19 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $17.0M | 29,929 | 1.5% | 12 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $16.0M | 78,064 | 1.4% | 19 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $14.7M | 145,914 | 1.3% | 5 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $13.8M | 70,623 | 1.2% | 19 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $11.6M | 114,933 | 1.0% | 13 |
| INVESCO EXCHANGE TRADED FD T | [XMMO](https://holderbook.com/stocks/XMMO/) | $11.3M | 87,802 | 1.0% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSPT](https://holderbook.com/stocks/RSPT/) | $10.8M | 264,096 | 1.0% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $10.7M | 68,013 | 1.0% | 19 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $9.9M | 45,170 | 0.9% | 19 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $7.4M | 13,071 | 0.7% | 19 |
| VANECK ETF TRUST | [MOAT](https://holderbook.com/stocks/MOAT/) | $7.3M | 77,592 | 0.7% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $7.2M | 11,604 | 0.7% | 19 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.9M | 13,924 | 0.6% | 19 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $5.6M | 12,763 | 0.5% | 5 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $4.6M | 140,834 | 0.4% | 19 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $4.2M | 9,466 | 0.4% | 19 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $4.2M | 67,202 | 0.4% | 19 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.2M | 5,640 | 0.4% | 10 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $4.0M | 136,869 | 0.4% | 19 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.6M | 6,541 | 0.3% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.6M | 7,327 | 0.3% | 19 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $3.5M | 49,499 | 0.3% | 19 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $3.3M | 123,593 | 0.3% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.2M | 32,827 | 0.3% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.9M | 9,701 | 0.3% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.9M | 26,465 | 0.3% | 19 |
| ARK ETF TR | [ARKW](https://holderbook.com/stocks/ARKW/) | $2.8M | 19,058 | 0.3% | 19 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.8M | 15,271 | 0.3% | 19 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $2.7M | 19,755 | 0.2% | 4 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $2.7M | 20,140 | 0.2% | 19 |
| CAMBRIA ETF TR | [SYLD](https://holderbook.com/stocks/SYLD/) | $2.5M | 38,963 | 0.2% | 18 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $2.4M | 26,791 | 0.2% | 19 |
| ISHARES TR | [AOM](https://holderbook.com/stocks/AOM/) | $2.4M | 51,096 | 0.2% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $2.3M | 44,715 | 0.2% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $2.2M | 21,963 | 0.2% | 19 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $2.2M | 88,164 | 0.2% | 19 |
| AB ACTIVE ETFS INC | [TAFI](https://holderbook.com/stocks/TAFI/) | $2.1M | 82,061 | 0.2% | 4 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $2.0M | 8,538 | 0.2% | 19 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $1.9M | 39,117 | 0.2% | 19 |
| JOHN HANCOCK EXCHANGE TRADED | [JHMM](https://holderbook.com/stocks/JHMM/) | $1.9M | 31,097 | 0.2% | 8 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $1.9M | 14,124 | 0.2% | 19 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.8M | 5,656 | 0.2% | 19 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.8M | 5,842 | 0.2% | 19 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $1.8M | 63,437 | 0.2% | 19 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.7M | 23,921 | 0.2% | 19 |
| ETF SER SOLUTIONS | [QTUM](https://holderbook.com/stocks/QTUM/) | $1.6M | 17,929 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $1.6M | 5,682 | 0.1% | 19 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $1.6M | 8,397 | 0.1% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.5M | 8,790 | 0.1% | 19 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $1.5M | 6,801 | 0.1% | 19 |
| SPDR SERIES TRUST | [MDYV](https://holderbook.com/stocks/MDYV/) | $1.5M | 18,530 | 0.1% | 19 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $1.5M | 52,088 | 0.1% | 19 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $1.4M | 27,664 | 0.1% | 19 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $1.4M | 22,624 | 0.1% | 10 |
| EA SERIES TRUST | [TAX](https://holderbook.com/stocks/TAX/) | $1.4M | 53,062 | 0.1% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.4M | 1,387 | 0.1% | 19 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.4M | 11,031 | 0.1% | 19 |
| BITWISE BITCOIN ETF TR | [BITB](https://holderbook.com/stocks/BITB/) | $1.3M | 22,891 | 0.1% | 4 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $1.3M | 21,883 | 0.1% | 4 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $1.3M | 15,162 | 0.1% | 9 |
| WINGSTOP INC | [WING](https://holderbook.com/stocks/WING/) | $1.3M | 3,906 | 0.1% | 19 |
| CAMBRIA ETF TR | [TYLD](https://holderbook.com/stocks/TYLD/) | $1.3M | 49,898 | 0.1% | 4 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.3M | 7,873 | 0.1% | 19 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.2M | 4,478 | 0.1% | 11 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.2M | 21,348 | 0.1% | 10 |
| ISHARES TR | [IAK](https://holderbook.com/stocks/IAK/) | $1.2M | 8,862 | 0.1% | 15 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $1.1M | 4,201 | 0.1% | 19 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $1.1M | 5,084 | 0.1% | 19 |
| INVESCO EXCHANGE TRADED FD T | [XMHQ](https://holderbook.com/stocks/XMHQ/) | $1.1M | 10,741 | 0.1% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.0M | 7,859 | 0.1% | 19 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $1.0M | 2,537 | 0.1% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.0M | 3,485 | 0.1% | 19 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $958.7K | 4,385 | 0.1% | 11 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $953.2K | 9,581 | 0.1% | 19 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $940.0K | 2,682 | 0.1% | 6 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $935.2K | 6,531 | 0.1% | 19 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $915.2K | 5,991 | 0.1% | 19 |
| INNOVATOR ETFS TRUST | [PJAN](https://holderbook.com/stocks/PJAN/) | $886.1K | 20,116 | 0.1% | 10 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $833.8K | 2,349 | 0.1% | 19 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $831.6K | 2,142 | 0.1% | 19 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $824.5K | 23,050 | 0.1% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $822.8K | 2,244 | 0.1% | 19 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $820.7K | 2,809 | 0.1% | 19 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $814.7K | 7,797 | 0.1% | 19 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $800.1K | 1,571 | 0.1% | 6 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $790.0K | 4,454 | 0.1% | 19 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $787.1K | 5,829 | 0.1% | 6 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $785.9K | 2,818 | 0.1% | 8 |

## 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 2025 | +9.8% | +10.5% | -0.7% | 100% |
| Q1 2025 | -3.8% | -4.6% | +0.8% | 100% |
| Q4 2024 | -0.4% | +2.1% | -2.6% | 100% |
| Q3 2024 | +5.6% | +5.4% | +0.2% | 100% |
| Q2 2024 | +0.2% | +4.0% | -3.9% | 100% |
| Q1 2024 | +8.0% | +10.0% | -2.1% | 100% |
| Q4 2023 | +10.4% | +11.2% | -0.8% | 100% |
| Q3 2023 | -4.2% | -3.6% | -0.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2025 | $1.1B | 209 |
| Q1 2025 | $944.7M | 214 |
| Q4 2024 | $1.1B | 214 |
| Q3 2024 | $1.0B | 208 |
| Q2 2024 | $989.5M | 198 |
| Q1 2024 | $968.6M | 201 |
| Q4 2023 | $871.5M | 185 |
| Q3 2023 | $822.6M | 175 |
| Q2 2023 | $823.8M | 170 |
| Q1 2023 | $671.3M | 167 |
| Q4 2022 | $529.7M | 154 |
| Q3 2022 | $474.7M | 140 |