# Sovereign Investment Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1908165. Source: https://holderbook.com/funds/1908165-sovereign-investment-advisors-llc/

- Reported value: $532.7M
- Positions: 109
- Weight of the ten largest: 58.7%
- Filed: 2026-08-14

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 | [IVV](https://holderbook.com/stocks/IVV/) | $68.4M | 91,398 | 12.8% | 27 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $38.0M | 51,500 | 7.1% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $36.8M | 49,146 | 6.9% | 5 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $31.5M | 326,439 | 5.9% | 27 |
| BNY MELLON ETF TRUST | [BKGI](https://holderbook.com/stocks/BKGI/) | $31.3M | 696,182 | 5.9% | 14 |
| JANUS DETROIT STR TR | [VNLA](https://holderbook.com/stocks/VNLA/) | $26.8M | 545,365 | 5.0% | 27 |
| VANGUARD SCOTTSDALE FDS | [VTHR](https://holderbook.com/stocks/VTHR/) | $22.4M | 67,720 | 4.2% | 3 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $21.8M | 245,035 | 4.1% | 3 |
| MPLX LP | [MPLX](https://holderbook.com/stocks/MPLX/) | $21.1M | 373,955 | 4.0% | 24 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $14.6M | 198,831 | 2.7% | 27 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $14.5M | 149,994 | 2.7% | 27 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $13.8M | 167,158 | 2.6% | 27 |
| ENTERPRISE PRODS PARTNERS L | [EPD](https://holderbook.com/stocks/EPD/) | $12.2M | 332,382 | 2.3% | 24 |
| WESTERN MIDSTREAM PARTNERS L | [WES](https://holderbook.com/stocks/WES/) | $12.0M | 274,479 | 2.3% | 24 |
| PLAINS ALL AMERN PIPELINE L | [PAA](https://holderbook.com/stocks/PAA/) | $11.8M | 528,931 | 2.2% | 24 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $11.5M | 31,078 | 2.2% | 27 |
| ALPS ETF TR | [SMTH](https://holderbook.com/stocks/SMTH/) | $9.6M | 373,742 | 1.8% | 8 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $9.2M | 181,410 | 1.7% | 15 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $8.3M | 95,849 | 1.6% | 12 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $8.1M | 173,909 | 1.5% | 27 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $7.4M | 72,632 | 1.4% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $7.2M | 93,739 | 1.4% | 2 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $7.1M | 42,129 | 1.3% | 18 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $7.0M | 70,318 | 1.3% | 27 |
| LEGG MASON ETF INVT | [LVHD](https://holderbook.com/stocks/LVHD/) | $6.8M | 154,793 | 1.3% | 27 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $6.7M | 87,243 | 1.3% | 27 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $5.4M | 58,855 | 1.0% | 17 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $5.2M | 60,482 | 1.0% | 27 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $4.9M | 50,383 | 0.9% | 27 |
| TC ENERGY CORP | [TRP](https://holderbook.com/stocks/TRP/) | $3.7M | 55,254 | 0.7% | 22 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $3.0M | 40,458 | 0.6% | 27 |
| SUNOCO LP/SUNOCO FIN CORP | [SUN](https://holderbook.com/stocks/SUN/) | $2.9M | 43,522 | 0.6% | 5 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $2.3M | 24,800 | 0.4% | 2 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $2.1M | 11,684 | 0.4% | 27 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $1.7M | 28,704 | 0.3% | 27 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.6M | 19,667 | 0.3% | 13 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $1.4M | 20,337 | 0.3% | 3 |
| JANUS DETROIT STR TR | - | $1.2M | 48,422 | 0.2% | 1 |
| ISHARES TR | [IUSB](https://holderbook.com/stocks/IUSB/) | $1.0M | 22,236 | 0.2% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.0M | 2,676 | 0.2% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $913.3K | 2,790 | 0.2% | 2 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $893.1K | 2,499 | 0.2% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $794.6K | 3,971 | 0.1% | 2 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $773.8K | 5,934 | 0.1% | 2 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $764.9K | 8,880 | 0.1% | 2 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $759.2K | 5,549 | 0.1% | 2 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $756.1K | 3,985 | 0.1% | 2 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $726.1K | 1,250 | 0.1% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $697.5K | 1,870 | 0.1% | 2 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $694.5K | 2,760 | 0.1% | 2 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $667.2K | 4,661 | 0.1% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $662.3K | 2,289 | 0.1% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $634.9K | 4,547 | 0.1% | 2 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $609.3K | 7,050 | 0.1% | 2 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $588.6K | 5,197 | 0.1% | 2 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $565.0K | 6,862 | 0.1% | 5 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $543.3K | 1,368 | 0.1% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $534.8K | 2,244 | 0.1% | 2 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $528.5K | 1,414 | 0.1% | 2 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $526.8K | 9,327 | 0.1% | 2 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $521.1K | 2,040 | 0.1% | 2 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $520.5K | 1,003 | 0.1% | 2 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $514.3K | 1,508 | 0.1% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $495.1K | 879 | 0.1% | 2 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $491.2K | 2,350 | 0.1% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $484.1K | 6,053 | 0.1% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $481.3K | 452 | 0.1% | 2 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $437.2K | 883 | 0.1% | 2 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $418.7K | 875 | 0.1% | 2 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $414.7K | 410 | 0.1% | 2 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $406.0K | 5,424 | 0.1% | 2 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $403.1K | 1,587 | 0.1% | 2 |
| SOUTH BOW CORP | [SOBO](https://holderbook.com/stocks/SOBO/) | $394.6K | 11,049 | 0.1% | 5 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $387.2K | 4,411 | 0.1% | 2 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $367.8K | 376 | 0.1% | 2 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $358.3K | 383 | 0.1% | 2 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $356.7K | 5,732 | 0.1% | 2 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $345.6K | 2,006 | 0.1% | 2 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $343.0K | 2,937 | 0.1% | 2 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $313.6K | 3,277 | 0.1% | 2 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $310.0K | 907 | 0.1% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $308.3K | 257 | 0.1% | 2 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $302.7K | 1,120 | 0.1% | 2 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $287.1K | 2,268 | 0.1% | 2 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $284.6K | 2,200 | 0.1% | 2 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $275.7K | 925 | 0.1% | 1 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $270.3K | 2,305 | 0.1% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $266.6K | 777 | 0.1% | 1 |
| PROSHARES TR | [TQQQ](https://holderbook.com/stocks/TQQQ/) | $261.8K | 3,232 | 0.0% | 1 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $261.2K | 2,000 | 0.0% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $256.9K | 3,141 | 0.0% | 2 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $256.9K | 2,790 | 0.0% | 2 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $246.2K | 1,350 | 0.0% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $243.2K | 1,143 | 0.0% | 5 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $234.1K | 5,528 | 0.0% | 2 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $233.7K | 982 | 0.0% | 2 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $230.1K | 1,519 | 0.0% | 2 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $229.9K | 3,220 | 0.0% | 2 |
| ILLINOIS TOOL WKS INC | [ITW](https://holderbook.com/stocks/ITW/) | $229.4K | 843 | 0.0% | 2 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $224.9K | 742 | 0.0% | 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 |
|---|---|---|---|---|
| Q2 2026 | +8.0% | +14.8% | -6.8% | 100% |
| Q1 2026 | +2.0% | -4.6% | +6.6% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.2% | 100% |
| Q3 2025 | +2.1% | +7.8% | -5.7% | 100% |
| Q2 2025 | +1.8% | +10.5% | -8.6% | 107% |
| Q1 2025 | +2.4% | -4.6% | +7.0% | 100% |
| Q4 2024 | -1.1% | +2.1% | -3.2% | 100% |
| Q3 2024 | +4.4% | +5.4% | -1.0% | 106% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $532.7M | 109 |
| Q1 2026 | $472.1M | 106 |
| Q4 2025 | $399.8M | 39 |
| Q3 2025 | $366.5M | 35 |
| Q2 2025 | $363.6M | 36 |
| Q1 2025 | $287.3M | 33 |
| Q4 2024 | $336.1M | 93 |
| Q3 2024 | $304.9M | 34 |
| Q2 2024 | $268.2M | 33 |
| Q1 2024 | $289.9M | 34 |
| Q4 2023 | $268.2M | 33 |
| Q3 2023 | $255.0M | 36 |