# Capital Square, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1798736. Source: https://holderbook.com/funds/1798736-capital-square-llc/

- Reported value: $227.5M
- Positions: 241
- Weight of the ten largest: 25.1%
- Filed: 2026-08-13

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 INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $15.6M | 41,812 | 6.8% | 10 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $5.8M | 190,836 | 2.6% | 10 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $5.6M | 4,720 | 2.5% | 27 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $5.0M | 69,193 | 2.2% | 27 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.7M | 19,104 | 2.1% | 27 |
| AMPLIFY ETF TR | [DIVO](https://holderbook.com/stocks/DIVO/) | $4.4M | 95,701 | 2.0% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.2M | 13,324 | 1.8% | 27 |
| VANECK ETF TRUST | [PFXF](https://holderbook.com/stocks/PFXF/) | $4.2M | 233,334 | 1.8% | 4 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $3.8M | 27,769 | 1.7% | 10 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $3.7M | 50,812 | 1.6% | 10 |
| CARETRUST REIT INC | [CTRE](https://holderbook.com/stocks/CTRE/) | $3.5M | 87,630 | 1.5% | 27 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $3.5M | 30,877 | 1.5% | 27 |
| SCHWAB STRATEGIC TR | [FNDF](https://holderbook.com/stocks/FNDF/) | $3.2M | 59,975 | 1.4% | 6 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $3.1M | 9,145 | 1.4% | 27 |
| ISHARES TR | [IMCG](https://holderbook.com/stocks/IMCG/) | $3.0M | 30,581 | 1.3% | 10 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $3.0M | 46,802 | 1.3% | 27 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.9M | 13,852 | 1.3% | 10 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $2.9M | 12,649 | 1.3% | 10 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $2.8M | 24,077 | 1.2% | 10 |
| WP CAREY INC | [WPC](https://holderbook.com/stocks/WPC/) | $2.7M | 37,841 | 1.2% | 27 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $2.6M | 57,772 | 1.2% | 5 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $2.6M | 27,192 | 1.1% | 27 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $2.6M | 85,547 | 1.1% | 5 |
| FIRST HORIZON CORPORATION | [FHN](https://holderbook.com/stocks/FHN/) | $2.5M | 98,980 | 1.1% | 27 |
| BLACKROCK ETF TRUST | [PMMF](https://holderbook.com/stocks/PMMF/) | $2.4M | 23,950 | 1.1% | 2 |
| EXXONMOBIL HOLDINGS CORP COM SHS | [XOM](https://holderbook.com/stocks/XOM/) | $2.4M | 16,948 | 1.0% | 1 |
| INNOVATOR ETFS TRUST | [PJUL](https://holderbook.com/stocks/PJUL/) | $2.3M | 46,862 | 1.0% | 5 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $2.1M | 12,272 | 0.9% | 10 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.1M | 2,723 | 0.9% | 10 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.0M | 13,881 | 0.9% | 27 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.0M | 5,284 | 0.9% | 27 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $2.0M | 17,222 | 0.9% | 10 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 6,020 | 0.9% | 27 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.9M | 7,530 | 0.9% | 27 |
| TCW ETF TRUST | [FLXR](https://holderbook.com/stocks/FLXR/) | $1.8M | 46,078 | 0.8% | 6 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.7M | 1,561 | 0.7% | 7 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.7M | 52,540 | 0.7% | 10 |
| RITHM CAPITAL CORP | [RITM](https://holderbook.com/stocks/RITM/) | $1.7M | 184,847 | 0.7% | 27 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.7M | 13,720 | 0.7% | 27 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $1.6M | 8,755 | 0.7% | 10 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.6M | 4,541 | 0.7% | 27 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.6M | 2,324 | 0.7% | 10 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.5M | 7,665 | 0.7% | 25 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.5M | 43,195 | 0.7% | 10 |
| RAYONIER INC | [RYN](https://holderbook.com/stocks/RYN/) | $1.4M | 65,410 | 0.6% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.4M | 1,460 | 0.6% | 27 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $1.4M | 4,203 | 0.6% | 27 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.3M | 11,317 | 0.6% | 27 |
| LTC PPTYS INC | [LTC](https://holderbook.com/stocks/LTC/) | $1.2M | 31,941 | 0.5% | 5 |
| TERRENO RLTY CORP | [TRNO](https://holderbook.com/stocks/TRNO/) | $1.2M | 17,607 | 0.5% | 17 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $1.2M | 10,213 | 0.5% | 4 |
| VANGUARD WHITEHALL FDS | [VIGI](https://holderbook.com/stocks/VIGI/) | $1.2M | 12,467 | 0.5% | 3 |
| INNOVATOR ETFS TRUST | [PJAN](https://holderbook.com/stocks/PJAN/) | $1.1M | 22,812 | 0.5% | 2 |
| ROUNDHILL ETF TRUST | - | $1.1M | 43,323 | 0.5% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $1.1M | 2,694 | 0.5% | 1 |
| INVESCO EXCHANGE TRADED FD T | [PSI](https://holderbook.com/stocks/PSI/) | $1.1M | 6,830 | 0.5% | 7 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $1.1M | 353 | 0.5% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 2,164 | 0.5% | 27 |
| FIRST TR EXCHANGE-TRADED FD | [FVD](https://holderbook.com/stocks/FVD/) | $1.1M | 21,527 | 0.5% | 10 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.0M | 37,130 | 0.4% | 2 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $1.0M | 51,369 | 0.4% | 3 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $1.0M | 4,360 | 0.4% | 8 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $976.3K | 6,930 | 0.4% | 16 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $928.2K | 1,774 | 0.4% | 27 |
| SUN CMNTYS INC | [SUI](https://holderbook.com/stocks/SUI/) | $922.8K | 7,762 | 0.4% | 18 |
| SPDR SERIES TRUST | [XHB](https://holderbook.com/stocks/XHB/) | $910.1K | 8,379 | 0.4% | 9 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $895.3K | 1,092 | 0.4% | 5 |
| EXTRA SPACE STORAGE INC | [EXR](https://holderbook.com/stocks/EXR/) | $884.1K | 6,141 | 0.4% | 14 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $871.2K | 6,942 | 0.4% | 27 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $864.1K | 2,433 | 0.4% | 24 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $854.0K | 4,841 | 0.4% | 27 |
| EA SERIES TRUST | [FRDM](https://holderbook.com/stocks/FRDM/) | $845.1K | 12,114 | 0.4% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $826.5K | 902 | 0.4% | 23 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $814.7K | 4,407 | 0.4% | 3 |
| EQUITY LIFESTYLE PROPERTIES | [ELS](https://holderbook.com/stocks/ELS/) | $803.7K | 12,662 | 0.4% | 23 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $798.4K | 5,904 | 0.4% | 1 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $795.5K | 26,875 | 0.3% | 11 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $768.9K | 18,253 | 0.3% | 27 |
| SCHWAB STRATEGIC TR | [SCHY](https://holderbook.com/stocks/SCHY/) | $765.6K | 23,864 | 0.3% | 2 |
| FIRST TR EXCHANGE-TRADED FD | [FTCS](https://holderbook.com/stocks/FTCS/) | $761.9K | 7,886 | 0.3% | 10 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $760.1K | 8,309 | 0.3% | 5 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $758.8K | 9,088 | 0.3% | 27 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $725.4K | 1,948 | 0.3% | 8 |
| INNOVATOR ETFS TRUST | [PMAR](https://holderbook.com/stocks/PMAR/) | $720.9K | 14,997 | 0.3% | 2 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $719.3K | 34,041 | 0.3% | 27 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $713.0K | 5,001 | 0.3% | 10 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $699.7K | 4,970 | 0.3% | 23 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $693.3K | 1,596 | 0.3% | 3 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $677.5K | 8,691 | 0.3% | 21 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $667.2K | 3,698 | 0.3% | 27 |
| LADDER CAP CORP | [LADR](https://holderbook.com/stocks/LADR/) | $666.2K | 67,635 | 0.3% | 27 |
| FIRST INDL RLTY TR INC | [FR](https://holderbook.com/stocks/FR/) | $660.9K | 10,166 | 0.3% | 3 |
| RBB FD INC | [TBIL](https://holderbook.com/stocks/TBIL/) | $642.6K | 12,871 | 0.3% | 2 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $634.0K | 7,253 | 0.3% | 9 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $621.7K | 3,860 | 0.3% | 2 |
| CAMDEN PPTY TR | [CPT](https://holderbook.com/stocks/CPT/) | $609.3K | 5,393 | 0.3% | 16 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $608.0K | 7,227 | 0.3% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $597.2K | 892 | 0.3% | 10 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $592.5K | 1,690 | 0.3% | 13 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $583.0K | 1,955 | 0.3% | 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 2026 | +10.0% | +14.8% | -4.8% | 101% |
| Q1 2026 | -0.4% | -4.6% | +4.2% | 99% |
| Q4 2025 | +0.6% | +2.4% | -1.8% | 100% |
| Q3 2025 | +5.1% | +7.8% | -2.7% | 98% |
| Q2 2025 | +3.6% | +10.5% | -6.8% | 100% |
| Q1 2025 | -0.8% | -4.6% | +3.8% | 97% |
| Q4 2024 | -2.9% | +2.1% | -5.1% | 100% |
| Q3 2024 | +8.1% | +5.4% | +2.6% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $227.5M | 241 |
| Q1 2026 | $216.9M | 225 |
| Q4 2025 | $196.0M | 219 |
| Q3 2025 | $196.1M | 209 |
| Q2 2025 | $187.6M | 200 |
| Q1 2025 | $170.3M | 190 |
| Q4 2024 | $176.0M | 188 |
| Q3 2024 | $164.7M | 168 |
| Q2 2024 | $153.8M | 158 |
| Q1 2024 | $141.7M | 155 |
| Q4 2023 | $88.5M | 109 |
| Q3 2023 | $74.3M | 97 |