Garrett Wealth Advisory Group, LLC
Reported holdings as of Q2 2026, from 31 quarterly filings.
This filer last reported in Q2 2026; the most recent quarter on file across all filers is Q3 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
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| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ENERGY TRANSFER L P | ET | $104.8M | 5,479,943 | -2.70pp | 31q | HELD | |
| WISDOMTREE TR | EPS | $58.6M | 752,712 | -0.08pp | 16q | HELD | |
| SPDR SERIES TRUST | SPYG | $49.0M | 412,059 | +0.43pp | 24q | +0.9%+$457.4K | |
| INVESCO EXCHANGE TRADED FD T | PRF | $43.5M | 805,225 | -0.04pp | 20q | +1.2%+$496.4K | |
| JOHN HANCOCK EXCHANGE TRADED | JHMM | $42.9M | 572,359 | -0.12pp | 20q | +1.7%+$714.7K | |
| SPDR INDEX SHS FDS | SPDW | $40.6M | 806,030 | -0.20pp | 20q | +1.6%+$642.7K | |
| SPDR SERIES TRUST | SPSM | $26.6M | 461,770 | +0.16pp | 20q | +1.0%+$255.8K | |
| CAPITAL GROUP NEW GEOGRAPHY | CGNG | $23.5M | 628,204 | +0.24pp | 5q | +4.4%+$991.9K | |
| J P MORGAN EXCHANGE TRADED F | HELO | $20.8M | 308,308 | -0.12pp | 2q | +5.6%+$1.1M | |
| AMERICAN CENTY ETF TR | AVIG | $20.6M | 497,752 | - | new | NEW | |
| APPLE INC | AAPL | $18.0M | 62,176 | -0.06pp | 31q | -0.6%-$106.8K | |
| ISHARES TR | QUAL | $14.2M | 64,522 | -0.04pp | 31q | -0.9%-$123.3K | |
| MORGAN STANLEY ETF TRUST | EVSM | $14.1M | 279,990 | -0.13pp | 4q | +9.1%+$1.2M | |
| ISHARES TR | MTUM | $13.9M | 40,406 | +0.39pp | 31q | -0.9%-$130.6K | |
| ISHARES TR | USMV | $10.4M | 107,404 | -0.21pp | 31q | -1.8%-$184.6K | |
| SPDR SERIES TRUST | QUS | $10.0M | 53,368 | -0.20pp | 25q | -6.1%-$648.0K | |
| VICTORY PORTFOLIOS II | CDC | $8.0M | 107,636 | -0.16pp | 31q | -1.8%-$147.6K | |
| ALPHABET INC | GOOG | $7.2M | 20,360 | +0.07pp | 31q | HELD | |
| NVIDIA CORPORATION | NVDA | $6.7M | 33,310 | -0.03pp | 14q | -2.2%-$148.5K | |
| BERKSHIRE HATHAWAY INC DEL | BRKB | $6.5M | 13,044 | -0.16pp | 31q | -4.5%-$308.2K | |
| EXXON MOBIL CORP | XOMXXXX | $6.1M | 44,617 | -0.43pp | 22q | -1.7%-$106.4K | |
| AMAZON COM INC | AMZN | $4.7M | 19,731 | -0.01pp | 11q | -0.7%-$31.2K | |
| VANGUARD SPECIALIZED FUNDS | VIG | $4.3M | 18,361 | -0.04pp | 31q | -0.5%-$23.0K | |
| MICROSOFT CORP | MSFT | $3.7M | 10,037 | -0.07pp | 29q | +3.1%+$113.4K | |
| CATERPILLAR INC | CAT | $3.3M | 3,145 | +0.12pp | 12q | HELD | |
| CHEVRON CORPORATION | CVX | $2.5M | 15,372 | -0.18pp | 19q | -1.1%-$28.5K | |
| ALPHABET INC | GOOGL | $2.5M | 6,954 | +0.03pp | 8q | HELD | |
| BROADCOM INC | AVGO | $2.3M | 6,099 | -0.02pp | 7q | -9.5%-$240.6K | |
| ADVANCED MICRO DEVICES INC | AMD | $2.2M | 3,830 | +0.20pp | 4q | HELD | |
| LOCKHEED MARTIN CORP | LMT | $2.2M | 4,304 | -0.12pp | 31q | HELD | |
| WALMART INC | WMT | $2.1M | 18,112 | -0.09pp | 12q | -2.3%-$48.5K | |
| META PLATFORMS INC | META | $2.0M | 3,564 | -0.02pp | 9q | +11.0%+$198.8K | |
| JPMORGAN CHASE & CO | JPM | $2.0M | 6,116 | -0.03pp | 12q | -4.4%-$91.7K | |
| LAM RESEARCH CORP | LRCX | $1.9M | 4,438 | +0.13pp | 7q | HELD | |
| UNION PAC CORP | UNP | $1.8M | 6,633 | -0.01pp | 31q | HELD | |
| ELI LILLY & CO | LLY | $1.8M | 1,502 | +0.03pp | 11q | -0.7%-$13.2K | |
| LOWES COS INC | LOW | $1.8M | 8,024 | -0.07pp | 31q | HELD | |
| SHELL PLC | SHEL | $1.7M | 21,437 | -0.10pp | 9q | -0.8%-$12.6K | |
| GE VERNOVA INC | GEV | $1.6M | 1,389 | +0.04pp | 5q | HELD | |
| FIRST FINL BANKSHARES INC | FFIN | $1.5M | 43,426 | flat | 10q | -1.0%-$15.8K | |
| VALERO ENERGY CORP | VLO | $1.5M | 5,660 | -0.03pp | 9q | -3.3%-$49.7K | |
| ABBVIE INC | ABBV | $1.4M | 5,651 | -0.02pp | 8q | -7.8%-$120.0K | |
| DIAMONDBACK ENERGY INC | FANG | $1.4M | 7,694 | -0.06pp | 5q | HELD | |
| GENERAL DYNAMICS CORP | GD | $1.3M | 3,545 | -0.03pp | 9q | -1.0%-$12.8K | |
| TESLA INC | TSLA | $1.2M | 2,952 | -0.02pp | 25q | -6.2%-$81.6K | |
| VISA INC | V | $1.2M | 3,512 | -0.01pp | 13q | -3.3%-$40.5K | |
| INVESCO EXCH TRD SLF IDX FD | BSMR | $1.2M | 49,731 | - | new | NEW | |
| PHILLIPS 66 | PSX | $1.1M | 6,596 | -0.05pp | 9q | -2.9%-$32.8K | |
| PNC FINL SVCS GROUP INC | PNC | $1.1M | 4,380 | -0.01pp | 8q | -8.4%-$99.2K | |
| MSC INCOME FUND INC | MSIF | $1.0M | 90,038 | +0.09pp | 4q | +161.3%+$643.0K | |
| PROCTER & GAMBLE CO | PG | $1.0M | 6,991 | -0.02pp | 31q | -1.0%-$10.3K | |
| GOLDMAN SACHS GROUP INC | GS | $999.2K | 988 | +0.01pp | 6q | +1.1%+$11.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSMS | $950.9K | 40,566 | - | new | NEW | |
| MICRON TECHNOLOGY INC | MU | $947.8K | 821 | +0.10pp | 2q | +17.0%+$137.4K | |
| KLA CORP | KLAC | $944.4K | 3,130 | +0.06pp | 5q | +896.8%+$849.6K | |
| PEPSICO INC | PEP | $902.1K | 6,662 | -0.05pp | 31q | HELD | |
| ISHARES TR | IVV | $886.1K | 1,183 | flat | 23q | HELD | |
| ORACLE CORP | ORCL | $879.0K | 5,998 | -0.02pp | 31q | HELD | |
| INVESCO EXCH TRD SLF IDX FD | BSMT | $877.4K | 38,098 | - | new | NEW | |
| MASTERCARD INCORPORATED | MA | $855.7K | 1,666 | -0.03pp | 9q | -10.5%-$100.7K | |
| NRG ENERGY INC | NRG | $837.1K | 5,731 | -0.02pp | 5q | HELD | |
| EMERSON ELEC CO | EMR | $830.8K | 5,803 | -0.01pp | 8q | +0.8%+$6.6K | |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $824.8K | 1,727 | +0.02pp | 7q | HELD | |
| MERCK & CO INC | MRK | $820.1K | 6,382 | -0.01pp | 18q | HELD | |
| DUKE ENERGY CORP NEW | DUK | $798.5K | 6,308 | -0.02pp | 31q | HELD | |
| ONEOK INC NEW | OKE | $789.4K | 9,080 | -0.02pp | 9q | +3.1%+$23.6K | |
| SPDR SERIES TRUST | SPMD | $787.2K | 11,652 | flat | 24q | +4.2%+$31.7K | |
| EATON CORP PLC | ETN | $777.4K | 1,824 | flat | 24q | -6.7%-$55.4K | |
| INVESCO QQQ TR | QQQ | $737.4K | 1,001 | +0.01pp | 15q | -1.1%-$8.1K | |
| PHILIP MORRIS INTL INC | PM | $713.6K | 3,945 | flat | 8q | +4.1%+$27.9K | |
| APPLIED MATLS INC | AMAT | $708.5K | 980 | +0.05pp | 2q | -1.0%-$7.2K | |
| LPL FINL HLDGS INC | LPLA | $706.5K | 2,508 | -0.03pp | 10q | HELD | |
| VANGUARD WORLD FD | VGT | $663.6K | 5,552 | +0.02pp | 13q | +700.0%+$580.6K | |
| PALANTIR TECHNOLOGIES INC PUT | PLTR | $661.6K | 4,671 | -0.06pp | 7q | -7.4%-$53.1K | |
| DISNEY WALT CO | DIS | $641.0K | 6,660 | -0.02pp | 9q | -4.2%-$28.0K | |
| GE AEROSPACE | GE | $639.1K | 1,710 | flat | 6q | -10.1%-$72.1K | |
| INVESCO EXCH TRD SLF IDX FD | BSMV | $614.5K | 29,282 | - | new | NEW | |
| INVESCO EXCH TRD SLF IDX FD | BSMU | $613.5K | 27,988 | - | new | NEW | |
| QUALCOMM INC | QCOM | $591.6K | 3,202 | +0.02pp | 7q | +1.3%+$7.6K | |
| DEERE & CO | DE | $577.9K | 911 | +0.04pp | 2q | +102.0%+$291.8K | |
| JOHNSON & JOHNSON | JNJ | $569.1K | 2,241 | -0.02pp | 3q | -5.2%-$31.0K | |
| SPDR INDEX SHS FDS | SPGM | $563.5K | 6,578 | flat | 16q | HELD | |
| CONOCOPHILLIPS | COP | $549.0K | 5,281 | -0.04pp | 9q | -3.3%-$18.9K | |
| VANGUARD INDEX FDS | VUG | $534.2K | 6,201 | flat | 30q | +520.1%+$448.0K | |
| CISCO SYS INC | CSCO | $534.0K | 4,546 | +0.02pp | 2q | +1.0%+$5.2K | |
| UNILEVER PLC | UL | $531.4K | 8,838 | -0.01pp | 3q | -5.7%-$32.0K | |
| TEXAS INSTRS INC | TXN | $525.2K | 1,762 | +0.02pp | 9q | +1.1%+$6.0K | |
| COCA COLA CO | KO | $501.2K | 6,167 | -0.02pp | 8q | -10.5%-$58.8K | |
| INTERNATIONAL BUSINESS MACHS | IBM | $481.4K | 1,712 | - | new | NEW | |
| ATMOS ENERGY CORP | ATO | $480.9K | 2,791 | -0.02pp | 3q | -1.2%-$6.0K | |
| SELECT SECTOR SPDR TR | XLC | $474.4K | 4,428 | -0.01pp | 13q | HELD | |
| CULLEN FROST BANKERS INC | CFR | $465.1K | 3,010 | +0.02pp | 6q | +33.2%+$116.0K | |
| BOOKING HOLDINGS INC | BKNG | $463.8K | 2,602 | -0.01pp | 13q | +2378.1%+$445.1K | |
| INTEL CORP | INTC | $455.1K | 3,259 | - | new | NEW | |
| SLB LIMITED | SLB | $453.7K | 9,760 | -0.02pp | 2q | HELD | |
| HOME DEPOT INC | HD | $450.1K | 1,276 | -0.02pp | 9q | -19.4%-$108.3K | |
| EBAY INC. | EBAY | $422.4K | 3,780 | flat | 6q | HELD | |
| COSTCO WHOLESALE CORPORATION | COST | $406.0K | 434 | -0.02pp | 2q | -1.1%-$4.7K | |
| ENTERPRISE PRODS PARTNERS L | EPD | $385.9K | 10,499 | flat | 7q | +23.5%+$73.5K | |
| WISDOMTREE TR | DLN | $373.0K | 3,873 | -0.01pp | 24q | -2.4%-$9.1K | |
| ISHARES TR | IUSG | $372.7K | 1,981 | flat | 9q | -1.5%-$5.8K | |
| BRISTOL-MYERS SQUIBB CO | BMY | $366.7K | 6,364 | -0.01pp | 8q | +5.5%+$19.1K | |
| BANK OF AMER CORP | BAC | $362.0K | 6,353 | flat | 2q | +2.0%+$7.2K | |
| SCHWAB CHARLES CORP | SCHW | $351.7K | 3,812 | -0.01pp | 5q | +1.9%+$6.6K | |
| ENBRIDGE INC | ENB | $347.8K | 6,416 | -0.01pp | 31q | -3.3%-$11.8K | |
| ISHARES TR | IUSV | $345.1K | 3,133 | -0.01pp | 9q | -2.9%-$10.4K | |
| HALLIBURTON CO | HAL | $336.3K | 9,905 | -0.02pp | 4q | HELD | |
| VANECK ETF TRUST | SMH | $334.5K | 510 | - | new | NEW | |
| NEXTERA ENERGY INC | NEE | $334.0K | 3,805 | -0.01pp | 2q | -1.6%-$5.4K | |
| SUNOCO LP/SUNOCO FIN CORP | SUN | $333.0K | 4,933 | -0.01pp | 8q | HELD | |
| ISHARES TR | DGRO | $332.6K | 4,388 | flat | 31q | -1.2%-$4.2K | |
| METLIFE INC | MET | $332.4K | 3,929 | flat | 11q | +6.4%+$20.1K | |
| ALTRIA GROUP INC | MO | $331.6K | 4,609 | flat | 2q | +5.8%+$18.2K | |
| SPDR GOLD TR | GLD | $324.9K | 882 | -0.02pp | 9q | -6.7%-$23.2K | |
| WISDOMTREE TR | WTAI | $318.0K | 6,698 | - | new | NEW | |
| STATE STR SPDR S&P 500 ETF T | SPY | $316.6K | 424 | flat | 3q | HELD | |
| NETFLIX INC | NFLX | $311.1K | 4,357 | -0.03pp | 2q | -4.8%-$15.9K | |
| RTX CORPORATION | RTX | $305.9K | 1,612 | -0.01pp | 2q | +5.3%+$15.4K | |
| ISHARES TR | IGV | $290.0K | 3,201 | flat | 13q | HELD | |
| VENTAS INC | VTR | $278.6K | 3,137 | -0.01pp | 9q | -6.7%-$20.1K | |
| AT&T INC | T | $271.4K | 13,112 | -0.02pp | 2q | +6.3%+$16.1K | |
| MCDONALDS CORP | MCD | $270.6K | 1,001 | -0.02pp | 2q | -6.6%-$19.2K | |
| VANGUARD INDEX FDS | VTI | $268.6K | 726 | flat | 8q | HELD | |
| TEXTRON INC | TXT | $268.1K | 2,923 | flat | 2q | HELD | |
| MCKESSON CORP | MCK | $265.4K | 351 | -0.01pp | 3q | -1.7%-$4.5K | |
| UNITED STS LIME & MINERALS I | USLM | $261.7K | 2,500 | -0.02pp | 8q | HELD | |
| AMERICAN EXPRESS CO | AXP | $259.8K | 768 | flat | 2q | +1.2%+$3.0K | |
| HILLTOP HLDGS INC | HTH | $255.9K | 6,600 | flat | 6q | HELD | |
| SOUTHERN CO | SO | $255.4K | 2,668 | -0.01pp | 2q | -0.9%-$2.3K | |
| ISHARES TR | IWM | $252.0K | 839 | flat | 5q | HELD | |
| KINDER MORGAN INC DEL | KMI | $252.0K | 7,884 | -0.01pp | 2q | HELD | |
| PALO ALTO NETWORKS INC | PANW | $244.5K | 717 | - | new | NEW | |
| WESTERN DIGITAL CORP | WDC | $235.0K | 368 | - | new | NEW | |
| REGIONS FINANCIAL CORP NEW | RF | $233.6K | 7,734 | - | new | NEW | |
| STATE STR SPDR S&P MIDCAP 40 | MDY | $230.7K | 328 | flat | 2q | HELD | |
| ISHARES TR | EUFN | $229.3K | 5,882 | flat | 4q | HELD | |
| FIRST TR EXCHANGE-TRADED FD | QQEW | $225.5K | 1,413 | flat | 19q | -13.8%-$36.1K | |
| NORFOLK SOUTHN CORP | NSC | $224.3K | 713 | -0.01pp | 6q | -21.9%-$62.9K | |
| MORGAN STANLEY | MS | $223.5K | 1,069 | - | new | NEW | |
| MARATHON PETE CORP | MPC | $219.1K | 857 | flat | 2q | -3.7%-$8.4K | |
| SANDISK CORP | SNDK | $213.7K | 94 | - | new | NEW | |
| UNITEDHEALTH GROUP INC | UNH | $204.9K | 493 | - | new | NEW | |
| ALBEMARLE CORP | ALB | $203.4K | 1,507 | -0.02pp | 2q | HELD | |
| CORNING INC | GLW | $203.1K | 795 | - | new | NEW | |
| ARISTA NETWORKS INC | ANET | $202.5K | 1,192 | - | new | NEW | |
| YD BIO LTD | YDES | $190.4K | 84,630 | - | new | NEW | |
| AURORA INNOVATION INC | AUR | $143.6K | 21,055 | +0.01pp | 2q | HELD | |
| GABELLI EQUITY TR INC | GAB | $60.4K | 10,670 | - | new | NEW | |
| VISTA GOLD CORP | VGZ | $19.1K | 10,000 | flat | 9q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Energy | $116.7M | 17.9% |
| Computer Hardware | $19.9M | 3.1% |
| Semiconductors & Electronics | $18.3M | 2.8% |
| Software & IT Services | $17.1M | 2.6% |
| Other sectors | $59.9M | 9.2% |
| Not classified | $418.6M | 64.3% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.1% | +14.8% | -4.7% | 100% |
| Q1 2026 | +2.8% | -4.6% | +7.4% | 100% |
| Q4 2025 | +1.1% | +2.4% | -1.2% | 100% |
| Q3 2025 | +4.6% | +7.8% | -3.2% | 100% |
| Q2 2025 | +4.4% | +10.5% | -6.1% | 100% |
| Q1 2025 | -2.8% | -4.6% | +1.7% | 100% |
| Q4 2024 | +4.5% | +2.1% | +2.4% | 100% |
| Q3 2024 | +6.2% | +5.4% | +0.8% | 100% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q2 2026 | $650.6M | 149 | 20 | 35 | 55 | 4 | 66.3% | 35 |
| Q1 2026 | $562.4M | 133 | 23 | 69 | 26 | 9 | 68.3% | 27 |
| Q4 2025 | $529.1M | 119 | 6 | 31 | 40 | 6 | 72.6% | 35 |
| Q3 2025 | $513.1M | 119 | 7 | 29 | 20 | 2 | 72.5% | 49 |
| Q2 2025 | $472.6M | 114 | 8 | 32 | 27 | 6 | 74.8% | 43 |
| Q1 2025 | $447.1M | 112 | 14 | 53 | 24 | 1 | 75.0% | 30 |
| Q4 2024 | $439.6M | 99 | 9 | 40 | 37 | 9 | 76.8% | 37 |
| Q3 2024 | $404.9M | 99 | 16 | 49 | 5 | 1 | 73.6% | 32 |
| Q2 2024 | $272.7M | 84 | 22 | 32 | 13 | 1 | 69.0% | 19 |
| Q1 2024 | $244.2M | 63 | 4 | 16 | 20 | 1 | 73.1% | 30 |
| Q4 2023 | $240.0M | 60 | 5 | 14 | 27 | 1 | 71.8% | 45 |
| Q3 2023 | $219.7M | 56 | 4 | 23 | 17 | 3 | 73.8% | 44 |
| Q2 2023 | $225.4M | 55 | 10 | 25 | 13 | 1 | 72.7% | 27 |
| Q1 2023 | $205.0M | 46 | 2 | 20 | 15 | 2 | 75.2% | 18 |
| Q4 2022 | $194.7M | 46 | 4 | 15 | 17 | 2 | 74.8% | 33 |
| Q3 2022 | $179.1M | 44 | 2 | 18 | 15 | 7 | 74.1% | 12 |
| Q2 2022 | $183.8M | 49 | 0 | 16 | 21 | 12 | 73.9% | 27 |
| Q1 2022 | $194.9M | 61 | 3 | 20 | 24 | 3 | 70.0% | 25 |
| Q4 2021 | $206.1M | 61 | 9 | 17 | 26 | 2 | 73.0% | 42 |
| Q3 2021 | $156.5M | 54 | 9 | 15 | 18 | 3 | 81.2% | 26 |
| Q2 2021 | $152.6M | 48 | 0 | 14 | 18 | 1 | 84.2% | 27 |
| Q1 2021 | $141.3M | 49 | 4 | 17 | 18 | 3 | 83.6% | 14 |
| Q4 2020 | $133.0M | 48 | 5 | 12 | 23 | 4 | 83.1% | 22 |
| Q3 2020 | $126.5M | 47 | 4 | 8 | 26 | 6 | 82.4% | 23 |
| Q2 2020 | $124.9M | 49 | 11 | 18 | 15 | 2 | 82.8% | 20 |
| Q1 2020 | $105.8M | 40 | 0 | 24 | 6 | 10 | 83.1% | 16 |
| Q4 2019 | $135.2M | 50 | 1 | 13 | 24 | 726 | 79.3% | 28 |
| Q3 2019 | $142.8M | 775 | 724 | 21 | 9 | 0 | 71.8% | 18 |
| Q2 2019 | $125.7M | 51 | 2 | 19 | 18 | 3 | 79.3% | 29 |
| Q1 2019 | $121.9M | 52 | 7 | 18 | 19 | 0 | 79.6% | 24 |
| Q4 2018 | $109.7M | 45 | 0 | 0 | 0 | 0 | 83.1% | 81 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.