# Full Sail Capital, LLC

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1757617. Source: https://holderbook.com/funds/1757617-full-sail-capital-llc/

- Reported value: $1.8B
- Positions: 308
- Weight of the ten largest: 39.0%
- Filed: 2025-11-14

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $102.9M | 1,178,400 | 5.7% | 28 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $83.7M | 1,282,890 | 4.6% | 28 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $78.3M | 352,480 | 4.3% | 28 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $74.6M | 1,131,606 | 4.1% | 28 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $72.0M | 1,438,751 | 4.0% | 15 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $71.8M | 254,871 | 4.0% | 23 |
| AMERICAN CENTY ETF TR | [AVUS](https://holderbook.com/stocks/AVUS/) | $68.6M | 631,210 | 3.8% | 11 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $63.8M | 537,086 | 3.5% | 28 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $46.5M | 775,289 | 2.6% | 28 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $45.2M | 450,860 | 2.5% | 28 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $44.6M | 59,747 | 2.5% | 28 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $44.4M | 1,646,759 | 2.4% | 9 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $43.6M | 181,891 | 2.4% | 28 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $43.0M | 301,868 | 2.4% | 25 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $41.9M | 778,041 | 2.3% | 28 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $39.1M | 367,109 | 2.2% | 28 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $35.0M | 227,108 | 1.9% | 28 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $34.4M | 634,552 | 1.9% | 23 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $33.7M | 334,504 | 1.9% | 8 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $30.4M | 361,676 | 1.7% | 19 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $29.6M | 100,714 | 1.6% | 28 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $26.7M | 225,288 | 1.5% | 16 |
| GLOBAL X FDS | [PFFD](https://holderbook.com/stocks/PFFD/) | $26.0M | 1,338,750 | 1.4% | 20 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $25.8M | 521,066 | 1.4% | 28 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $25.2M | 181,119 | 1.4% | 23 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $24.5M | 96,339 | 1.4% | 28 |
| VANGUARD WHITEHALL FDS | [VWOB](https://holderbook.com/stocks/VWOB/) | $21.9M | 327,524 | 1.2% | 27 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $21.2M | 230,630 | 1.2% | 10 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $20.1M | 261,386 | 1.1% | 24 |
| VANGUARD WORLD FD | [VOX](https://holderbook.com/stocks/VOX/) | $19.3M | 102,856 | 1.1% | 28 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $19.0M | 74,758 | 1.0% | 28 |
| FIDELITY COVINGTON TRUST | [FNCL](https://holderbook.com/stocks/FNCL/) | $18.0M | 236,190 | 1.0% | 28 |
| VANGUARD WORLD FD | [VCR](https://holderbook.com/stocks/VCR/) | $17.5M | 44,102 | 1.0% | 28 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $16.8M | 127,661 | 0.9% | 28 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $16.6M | 63,910 | 0.9% | 28 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $16.4M | 209,024 | 0.9% | 8 |
| FIDELITY COVINGTON TRUST | [FCOM](https://holderbook.com/stocks/FCOM/) | $16.1M | 226,641 | 0.9% | 25 |
| VANGUARD SCOTTSDALE FDS | [VGLT](https://holderbook.com/stocks/VGLT/) | $15.6M | 274,853 | 0.9% | 9 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $14.7M | 164,539 | 0.8% | 28 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $14.5M | 216,343 | 0.8% | 28 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $12.7M | 146,167 | 0.7% | 28 |
| FIDELITY COVINGTON TRUST | [FIDU](https://holderbook.com/stocks/FIDU/) | $11.0M | 133,923 | 0.6% | 28 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $10.3M | 48,029 | 0.6% | 28 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $9.2M | 217,405 | 0.5% | 14 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $8.9M | 92,219 | 0.5% | 28 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $8.9M | 93,226 | 0.5% | 28 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $8.5M | 270,031 | 0.5% | 23 |
| VANECK ETF TRUST | [HYD](https://holderbook.com/stocks/HYD/) | $8.2M | 161,999 | 0.5% | 13 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.1M | 36,985 | 0.4% | 28 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $8.0M | 89,660 | 0.4% | 28 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $7.9M | 87,944 | 0.4% | 10 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $6.8M | 60,763 | 0.4% | 10 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $6.7M | 27,676 | 0.4% | 28 |
| ALLIANCE RESOURCE PARTNERS L | [ARLP](https://holderbook.com/stocks/ARLP/) | $6.4M | 252,193 | 0.4% | 18 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $6.0M | 64,789 | 0.3% | 28 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $5.5M | 8,248 | 0.3% | 28 |
| VANGUARD WORLD FD | [VIS](https://holderbook.com/stocks/VIS/) | $5.1M | 17,201 | 0.3% | 28 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.0M | 7,535 | 0.3% | 28 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.7M | 7,623 | 0.3% | 23 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.1M | 12,131 | 0.2% | 28 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $3.9M | 31,028 | 0.2% | 28 |
| FIDELITY COVINGTON TRUST | [FSTA](https://holderbook.com/stocks/FSTA/) | $3.8M | 76,235 | 0.2% | 23 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.7M | 7,216 | 0.2% | 28 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $3.5M | 31,453 | 0.2% | 28 |
| VANGUARD WORLD FD | [VAW](https://holderbook.com/stocks/VAW/) | $3.5M | 17,107 | 0.2% | 27 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.3M | 5,423 | 0.2% | 1 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $3.3M | 60,902 | 0.2% | 28 |
| ISHARES TR | [IAGG](https://holderbook.com/stocks/IAGG/) | $3.2M | 62,052 | 0.2% | 24 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $2.9M | 20,022 | 0.2% | 4 |
| AMERICAN CENTY ETF TR | [AVLC](https://holderbook.com/stocks/AVLC/) | $2.9M | 37,847 | 0.2% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.5M | 10,166 | 0.1% | 28 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.1M | 14,798 | 0.1% | 28 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $2.1M | 12,320 | 0.1% | 28 |
| BANCFIRST CORP | [BANF](https://holderbook.com/stocks/BANF/) | $2.0M | 15,930 | 0.1% | 25 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.8M | 20,154 | 0.1% | 28 |
| FIDELITY COVINGTON TRUST | [FUTY](https://holderbook.com/stocks/FUTY/) | $1.7M | 29,801 | 0.1% | 28 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.5M | 4,604 | 0.1% | 20 |
| ISHARES TR | [ILCG](https://holderbook.com/stocks/ILCG/) | $1.4M | 13,157 | 0.1% | 27 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.4M | 4,143 | 0.1% | 8 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $1.3M | 1,343 | 0.1% | 23 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.3M | 12,368 | 0.1% | 10 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.3M | 1,734 | 0.1% | 28 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.3M | 1,654 | 0.1% | 15 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.3M | 8,104 | 0.1% | 16 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $1.2M | 6,352 | 0.1% | 12 |
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $1.2M | 31,913 | 0.1% | 9 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.2M | 3,736 | 0.1% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2M | 6,515 | 0.1% | 5 |
| FIDELITY COVINGTON TRUST | [FENY](https://holderbook.com/stocks/FENY/) | $1.2M | 48,624 | 0.1% | 28 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $1.2M | 8,544 | 0.1% | 2 |
| ISHARES TR | [ILCV](https://holderbook.com/stocks/ILCV/) | $1.2M | 12,977 | 0.1% | 27 |
| SPDR SERIES TRUST | [SPTL](https://holderbook.com/stocks/SPTL/) | $1.2M | 43,004 | 0.1% | 7 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $1.1M | 32,179 | 0.1% | 23 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 2,219 | 0.1% | 16 |
| FIDELITY COVINGTON TRUST | [FREL](https://holderbook.com/stocks/FREL/) | $1.1M | 38,517 | 0.1% | 28 |
| RYMAN HOSPITALITY PPTYS INC | [RHP](https://holderbook.com/stocks/RHP/) | $1.1M | 11,745 | 0.1% | 27 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.0M | 2,232 | 0.1% | 25 |
| YUM BRANDS INC | [YUM](https://holderbook.com/stocks/YUM/) | $1.0M | 6,598 | 0.1% | 16 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $964.5K | 28,747 | 0.1% | 2 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $953.0K | 11,520 | 0.1% | 27 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +5.8% | +7.8% | -2.0% | 100% |
| Q2 2025 | +6.7% | +10.5% | -3.7% | 100% |
| Q1 2025 | -1.7% | -4.6% | +2.9% | 100% |
| Q4 2024 | -1.8% | +2.1% | -3.9% | 100% |
| Q3 2024 | +5.9% | +5.4% | +0.4% | 100% |
| Q2 2024 | +0.5% | +4.0% | -3.6% | 100% |
| Q1 2024 | +5.0% | +10.0% | -5.0% | 100% |
| Q4 2023 | +9.3% | +11.2% | -1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $1.8B | 308 |
| Q2 2025 | $1.7B | 237 |
| Q1 2025 | $1.5B | 162 |
| Q4 2024 | $1.6B | 158 |
| Q3 2024 | $1.6B | 162 |
| Q2 2024 | $1.5B | 169 |
| Q1 2024 | $1.4B | 170 |
| Q4 2023 | $1.3B | 157 |
| Q3 2023 | $1.2B | 147 |
| Q2 2023 | $1.2B | 150 |
| Q1 2023 | $1.1B | 146 |
| Q4 2022 | $1.1B | 138 |