# Crescent Grove Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1713520. Source: https://holderbook.com/funds/1713520-crescent-grove-advisors-llc/

- Reported value: $1.2B
- Positions: 297
- Weight of the ten largest: 39.3%
- Filed: 2026-08-10

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 |
|---|---|---|---|---|---|
| ZURN ELKAY WATER SOLNS CORP | [ZWS](https://holderbook.com/stocks/ZWS/) | $118.7M | 2,349,563 | 9.9% | 19 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $74.2M | 99,058 | 6.2% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $60.4M | 87,946 | 5.0% | 17 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $52.5M | 48,022 | 4.4% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $32.5M | 87,864 | 2.7% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $31.7M | 382,246 | 2.6% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $26.7M | 36,276 | 2.2% | 28 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $24.9M | 168,109 | 2.1% | 31 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $24.8M | 176,298 | 2.1% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $23.9M | 309,593 | 2.0% | 31 |
| MANPOWERGROUP INC WIS | [MAN](https://holderbook.com/stocks/MAN/) | $23.1M | 684,963 | 1.9% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $21.3M | 73,594 | 1.8% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $20.7M | 214,655 | 1.7% | 31 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $20.2M | 162,305 | 1.7% | 31 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $18.1M | 164,622 | 1.5% | 31 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $18.0M | 190,711 | 1.5% | 28 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $17.4M | 370,001 | 1.5% | 31 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $15.7M | 127,363 | 1.3% | 11 |
| NCR ATLEOS CORPORATION | [NATL](https://holderbook.com/stocks/NATL/) | $14.7M | 338,916 | 1.2% | 11 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $14.1M | 139,719 | 1.2% | 15 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $13.2M | 80,078 | 1.1% | 31 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $12.9M | 81,898 | 1.1% | 31 |
| ANGEL OAK FUNDS TRUST | [UYLD](https://holderbook.com/stocks/UYLD/) | $12.0M | 233,432 | 1.0% | 15 |
| ALLSPRING EXCHANGE TRADED FU | [ASCE](https://holderbook.com/stocks/ASCE/) | $11.8M | 335,588 | 1.0% | 2 |
| ANGEL OAK FUNDS TRUST | [CARY](https://holderbook.com/stocks/CARY/) | $11.7M | 561,797 | 1.0% | 15 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $10.7M | 201,640 | 0.9% | 31 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $10.2M | 191,158 | 0.9% | 31 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $10.0M | 63,436 | 0.8% | 31 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $9.6M | 248,118 | 0.8% | 31 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $9.3M | 198,854 | 0.8% | 4 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $9.1M | 82,401 | 0.8% | 22 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $8.9M | 60,813 | 0.7% | 31 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $8.1M | 79,418 | 0.7% | 15 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $7.7M | 104,675 | 0.6% | 10 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $7.6M | 106,037 | 0.6% | 26 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $7.5M | 81,680 | 0.6% | 22 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $7.3M | 154,026 | 0.6% | 16 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $7.3M | 96,466 | 0.6% | 21 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $7.2M | 29,869 | 0.6% | 31 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $7.2M | 52,809 | 0.6% | 22 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $7.2M | 117,638 | 0.6% | 25 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $6.9M | 72,209 | 0.6% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.8M | 33,831 | 0.6% | 24 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $6.7M | 22,227 | 0.6% | 31 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $6.4M | 34,723 | 0.5% | 23 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $6.0M | 73,325 | 0.5% | 17 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $5.7M | 115,905 | 0.5% | 3 |
| NCR VOYIX CORPORATION | [VYX](https://holderbook.com/stocks/VYX/) | $5.6M | 685,504 | 0.5% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $5.5M | 53,092 | 0.5% | 31 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $5.4M | 28,620 | 0.5% | 31 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $5.4M | 63,203 | 0.5% | 23 |
| AGF INVTS TR | [BTAL](https://holderbook.com/stocks/BTAL/) | $5.3M | 473,811 | 0.4% | 2 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $5.2M | 98,866 | 0.4% | 21 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $5.1M | 13,769 | 0.4% | 31 |
| ISHARES INC | [DVYE](https://holderbook.com/stocks/DVYE/) | $5.1M | 158,296 | 0.4% | 16 |
| ARK ETF TR | [ARKW](https://holderbook.com/stocks/ARKW/) | $5.0M | 34,738 | 0.4% | 24 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $5.0M | 12,648 | 0.4% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.9M | 20,644 | 0.4% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $4.6M | 7,994 | 0.4% | 7 |
| SPDR INDEX SHS FDS | [GNR](https://holderbook.com/stocks/GNR/) | $4.5M | 66,619 | 0.4% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.4M | 8,809 | 0.4% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $4.3M | 3,763 | 0.4% | 19 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $4.2M | 100,992 | 0.3% | 29 |
| GLOBAL X FDS | [SIL](https://holderbook.com/stocks/SIL/) | $4.1M | 53,550 | 0.3% | 4 |
| ASSOCIATED BANC CORP | [ASB](https://holderbook.com/stocks/ASB/) | $4.1M | 132,033 | 0.3% | 31 |
| AGNICO EAGLE MINES LTD | [AEM](https://holderbook.com/stocks/AEM/) | $4.0M | 26,028 | 0.3% | 5 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $4.0M | 35,831 | 0.3% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.7M | 8,849 | 0.3% | 27 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $3.7M | 83,060 | 0.3% | 5 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $3.6M | 16,292 | 0.3% | 18 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $3.6M | 38,049 | 0.3% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $3.5M | 9,439 | 0.3% | 26 |
| CULLEN FROST BANKERS INC | [CFR](https://holderbook.com/stocks/CFR/) | $3.5M | 22,468 | 0.3% | 2 |
| FRANCO NEV CORP | [FNV](https://holderbook.com/stocks/FNV/) | $3.4M | 16,355 | 0.3% | 3 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $3.1M | 20,085 | 0.3% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $3.0M | 14,105 | 0.3% | 7 |
| SUNOCO LP/SUNOCO FIN CORP | [SUN](https://holderbook.com/stocks/SUN/) | $2.8M | 41,884 | 0.2% | 2 |
| CANNAE HLDGS INC | [CNNE](https://holderbook.com/stocks/CNNE/) | $2.8M | 195,819 | 0.2% | 31 |
| GLOBAL SHIP LEASE INC | [GSL](https://holderbook.com/stocks/GSL/) | $2.8M | 73,994 | 0.2% | 8 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $2.8M | 25,006 | 0.2% | 31 |
| BARRICK MNG CORP | [B](https://holderbook.com/stocks/B/) | $2.7M | 74,187 | 0.2% | 1 |
| ALLIANCE RESOURCE PARTNERS L | [ARLP](https://holderbook.com/stocks/ARLP/) | $2.7M | 111,178 | 0.2% | 12 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $2.6M | 136,877 | 0.2% | 31 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $2.6M | 45,394 | 0.2% | 22 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $2.5M | 47,427 | 0.2% | 4 |
| FIRST TR EXCHANGE TRADED FD | [CIBR](https://holderbook.com/stocks/CIBR/) | $2.5M | 28,050 | 0.2% | 19 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $2.5M | 7,198 | 0.2% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.5M | 6,977 | 0.2% | 30 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $2.4M | 35,678 | 0.2% | 17 |
| ARK ETF TR | [ARKK](https://holderbook.com/stocks/ARKK/) | $2.4M | 29,648 | 0.2% | 24 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $2.4M | 38,650 | 0.2% | 2 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $2.4M | 7,795 | 0.2% | 11 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $2.3M | 24,401 | 0.2% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.3M | 37,721 | 0.2% | 25 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $2.2M | 9,491 | 0.2% | 31 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $2.2M | 29,038 | 0.2% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.1M | 5,916 | 0.2% | 16 |
| BANC OF CALIFORNIA INC | [BANC](https://holderbook.com/stocks/BANC/) | $2.1M | 102,275 | 0.2% | 11 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $2.1M | 36,402 | 0.2% | 17 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $2.1M | 16,389 | 0.2% | 11 |

## 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 | +9.6% | +14.8% | -5.2% | 97% |
| Q1 2026 | -2.2% | -4.6% | +2.4% | 100% |
| Q4 2025 | +0.6% | +2.4% | -1.7% | 100% |
| Q3 2025 | +7.6% | +7.8% | -0.2% | 94% |
| Q2 2025 | +6.9% | +10.5% | -3.5% | 100% |
| Q1 2025 | -5.6% | -4.6% | -1.1% | 100% |
| Q4 2024 | +0.5% | +2.1% | -1.7% | 100% |
| Q3 2024 | +8.9% | +5.4% | +3.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $1.2B | 297 |
| Q1 2026 | $1.0B | 300 |
| Q4 2025 | $1.1B | 297 |
| Q3 2025 | $1.1B | 293 |
| Q2 2025 | $1.0B | 287 |
| Q1 2025 | $959.8M | 263 |
| Q4 2024 | $1.0B | 277 |
| Q3 2024 | $980.3M | 276 |
| Q2 2024 | $912.7M | 276 |
| Q1 2024 | $959.1M | 300 |
| Q4 2023 | $896.9M | 284 |
| Q3 2023 | $802.7M | 271 |