# Capstone Financial Group, Inc.

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1808129. Source: https://holderbook.com/funds/1808129-capstone-financial-group-inc/

- Reported value: $129.4M
- Positions: 156
- Weight of the ten largest: 45.9%
- Filed: 2020-10-09

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 | [AGZ](https://holderbook.com/stocks/AGZ/) | $13.3M | 109,906 | 10.3% | 4 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $11.4M | 100,712 | 8.8% | 4 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $7.8M | 7,495 | 6.0% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.4M | 2,079 | 5.0% | 4 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $3.8M | 37,294 | 2.9% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.8M | 18,397 | 2.9% | 4 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $3.8M | 15,229 | 2.9% | 4 |
| VANECK ETF TRUST | [ANGL](https://holderbook.com/stocks/ANGL/) | $3.4M | 113,986 | 2.6% | 4 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.9M | 27,004 | 2.2% | 4 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $2.8M | 14,612 | 2.2% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.7M | 18,968 | 2.1% | 4 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $2.6M | 44,381 | 2.0% | 4 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $2.5M | 13,441 | 1.9% | 4 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $2.3M | 45,194 | 1.8% | 4 |
| ZILLOW GROUP INC | [Z](https://holderbook.com/stocks/Z/) | $2.2M | 21,308 | 1.7% | 1 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.2M | 1,514 | 1.7% | 4 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.0M | 52,615 | 1.6% | 4 |
| BANCFIRST CORP | [BANF](https://holderbook.com/stocks/BANF/) | $2.0M | 45,416 | 1.5% | 4 |
| SOUTHWEST AIRLS CO | [LUV](https://holderbook.com/stocks/LUV/) | $1.9M | 50,371 | 1.5% | 2 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.6M | 13,241 | 1.2% | 4 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.6M | 26,329 | 1.2% | 4 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $1.6M | 26,130 | 1.2% | 4 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.5M | 7,298 | 1.2% | 4 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.5M | 30,691 | 1.2% | 4 |
| CHECK POINT SOFTWARE TECH LT | [CHKP](https://holderbook.com/stocks/CHKP/) | $1.5M | 12,389 | 1.2% | 4 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $1.5M | 6,209 | 1.2% | 4 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.5M | 17,927 | 1.1% | 4 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $1.4M | 15,705 | 1.1% | 4 |
| GLAXOSMITHKLINE PLC | [GSKXXXX](https://holderbook.com/stocks/GSKXXXX/) | $1.4M | 38,995 | 1.1% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.4M | 17,960 | 1.1% | 4 |
| CONAGRA BRANDS INC | [CAG](https://holderbook.com/stocks/CAG/) | $1.3M | 36,470 | 1.0% | 4 |
| DIAGEO PLC | [DEO](https://holderbook.com/stocks/DEO/) | $1.3M | 9,538 | 1.0% | 4 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.3M | 15,883 | 1.0% | 4 |
| WISDOMTREE TR | [DES](https://holderbook.com/stocks/DES/) | $1.3M | 56,876 | 1.0% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.2M | 9,952 | 0.9% | 4 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.2M | 32,203 | 0.9% | 4 |
| NEW YORK LIFE INVESTMENTS ET | [HFXI](https://holderbook.com/stocks/HFXI/) | $1.2M | 57,829 | 0.9% | 4 |
| SPDR SERIES TRUST | [SPTS](https://holderbook.com/stocks/SPTS/) | $1.1M | 36,185 | 0.9% | 4 |
| NEW YORK LIFE INVESTMENTS ET | [MNA](https://holderbook.com/stocks/MNA/) | $1.1M | 31,848 | 0.8% | 4 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $915.0K | 50,379 | 0.7% | 4 |
| CANOPY GROWTH CORP | [CGC](https://holderbook.com/stocks/CGC/) | $848.0K | 59,192 | 0.7% | 4 |
| VANGUARD WORLD FD | [VPU](https://holderbook.com/stocks/VPU/) | $833.0K | 6,192 | 0.6% | 4 |
| PIMCO ETF TR | [LDUR](https://holderbook.com/stocks/LDUR/) | $748.0K | 7,333 | 0.6% | 2 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $716.0K | 3,225 | 0.6% | 4 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $715.0K | 7,683 | 0.6% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $579.0K | 1,053 | 0.4% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $502.0K | 1,495 | 0.4% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $499.0K | 2,487 | 0.4% | 4 |
| NEW YORK LIFE INVTS ACTIVE E | [MMIN](https://holderbook.com/stocks/MMIN/) | $495.0K | 18,242 | 0.4% | 1 |
| WISDOMTREE TR | [XSOE](https://holderbook.com/stocks/XSOE/) | $476.0K | 13,926 | 0.4% | 4 |
| MCCORMICK & CO INC | [MKC](https://holderbook.com/stocks/MKC/) | $384.0K | 2,005 | 0.3% | 4 |
| ALBEMARLE CORP | [ALB](https://holderbook.com/stocks/ALB/) | $379.0K | 4,039 | 0.3% | 4 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $374.0K | 13,037 | 0.3% | 4 |
| CHURCH & DWIGHT CO INC | [CHD](https://holderbook.com/stocks/CHD/) | $366.0K | 4,075 | 0.3% | 4 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $365.0K | 1,630 | 0.3% | 4 |
| CLOROX CO DEL | [CLX](https://holderbook.com/stocks/CLX/) | $357.0K | 1,690 | 0.3% | 4 |
| SHERWIN WILLIAMS CO | [SHW](https://holderbook.com/stocks/SHW/) | $351.0K | 514 | 0.3% | 4 |
| SYSCO CORP | [SYY](https://holderbook.com/stocks/SYY/) | $341.0K | 5,278 | 0.3% | 4 |
| CINCINNATI FINL CORP | [CINF](https://holderbook.com/stocks/CINF/) | $339.0K | 4,237 | 0.3% | 4 |
| DOVER CORP | [DOV](https://holderbook.com/stocks/DOV/) | $333.0K | 3,028 | 0.3% | 4 |
| HASBRO INC | [HAS](https://holderbook.com/stocks/HAS/) | $330.0K | 3,969 | 0.3% | 4 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $323.0K | 1,645 | 0.2% | 4 |
| AGNC INVT CORP | [AGNC](https://holderbook.com/stocks/AGNC/) | $319.0K | 22,872 | 0.2% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $315.0K | 1 | 0.2% | 4 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $314.0K | 3,400 | 0.2% | 4 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $314.0K | 3,040 | 0.2% | 4 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $309.0K | 9,276 | 0.2% | 4 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $302.0K | 1,736 | 0.2% | 4 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $278.0K | 2,052 | 0.2% | 1 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $274.0K | 3,189 | 0.2% | 2 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $271.0K | 4,022 | 0.2% | 4 |
| PAYCOM SOFTWARE INC | [PAYC](https://holderbook.com/stocks/PAYC/) | $265.0K | 780 | 0.2% | 4 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $255.0K | 3,188 | 0.2% | 4 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $249.0K | 6,651 | 0.2% | 4 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $245.0K | 4,794 | 0.2% | 4 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $242.0K | 2,089 | 0.2% | 4 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $227.0K | 4,416 | 0.2% | 4 |
| PARAMOUNT GLOBAL | [PARA](https://holderbook.com/stocks/PARA/) | $208.0K | 7,328 | 0.2% | 2 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $207.0K | 5,444 | 0.2% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $194.0K | 700 | 0.1% | 4 |
| PIMCO ETF TR | [CORP](https://holderbook.com/stocks/CORP/) | $186.0K | 1,623 | 0.1% | 3 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $182.0K | 2,568 | 0.1% | 2 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $182.0K | 1,634 | 0.1% | 4 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $179.0K | 1,172 | 0.1% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $176.0K | 121 | 0.1% | 4 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $173.0K | 3,000 | 0.1% | 4 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $172.0K | 1,520 | 0.1% | 4 |
| SMILEDIRECTCLUB INC | [SDCCQ](https://holderbook.com/stocks/SDCCQ/) | $170.0K | 14,563 | 0.1% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $143.0K | 1,463 | 0.1% | 4 |
| CONTINENTAL RES INC | [CLR](https://holderbook.com/stocks/CLR/) | $142.0K | 11,203 | 0.1% | 4 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $134.0K | 300 | 0.1% | 4 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $128.0K | 1,000 | 0.1% | 4 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $123.0K | 4,008 | 0.1% | 4 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $122.0K | 721 | 0.1% | 2 |
| BUNGE LIMITED | [BGXXXX](https://holderbook.com/stocks/BGXXXX/) | $121.0K | 2,552 | 0.1% | 2 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $118.0K | 2,160 | 0.1% | 4 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $118.0K | 1,128 | 0.1% | 4 |
| ISHARES TR | [TFLO](https://holderbook.com/stocks/TFLO/) | $116.0K | 2,307 | 0.1% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $99.0K | 195 | 0.1% | 1 |
| LIVE OAK BANCSHARES INC | [LOB](https://holderbook.com/stocks/LOB/) | $97.0K | 3,406 | 0.1% | 1 |

## 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 2020 | +6.5% | +8.6% | -2.1% | 98% |
| Q2 2020 | +25.6% | +19.6% | +6.0% | 100% |
| Q1 2020 | -14.3% | -19.9% | +5.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $129.4M | 156 |
| Q2 2020 | $121.7M | 153 |
| Q1 2020 | $97.3M | 138 |
| Q4 2019 | $103.9M | 154 |