# Talon Private Wealth, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1990467. Source: https://holderbook.com/funds/1990467-talon-private-wealth-llc/

- Reported value: $854.9M
- Positions: 231
- Weight of the ten largest: 37.5%
- Filed: 2026-09-11

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 |
|---|---|---|---|---|---|
| BNY MELLON ETF TRUST | [BKAG](https://holderbook.com/stocks/BKAG/) | $51.4M | 1,225,426 | 6.0% | 6 |
| APTUS DEFINED RISK ETF | [DRSK](https://holderbook.com/stocks/DRSK/) | $39.3M | 1,368,011 | 4.6% | 6 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $34.7M | 595,433 | 4.1% | 6 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $29.5M | 583,341 | 3.4% | 5 |
| INNOVATOR ETFS TRUST | [UJAN](https://holderbook.com/stocks/UJAN/) | $28.5M | 629,495 | 3.3% | 4 |
| INNOVATOR ETFS TRUST | [UFEB](https://holderbook.com/stocks/UFEB/) | $28.4M | 734,535 | 3.3% | 4 |
| INNOVATOR ETFS TRUST | [UMAR](https://holderbook.com/stocks/UMAR/) | $28.3M | 670,388 | 3.3% | 1 |
| INNOVATOR ETFS TRUST | [UMAY](https://holderbook.com/stocks/UMAY/) | $28.1M | 739,204 | 3.3% | 1 |
| INNOVATOR ETFS TRUST | [UJUN](https://holderbook.com/stocks/UJUN/) | $28.1M | 728,001 | 3.3% | 1 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $24.6M | 260,720 | 2.9% | 6 |
| INNOVATOR ETFS TRUST | [ACII](https://holderbook.com/stocks/ACII/) | $23.8M | 936,059 | 2.8% | 2 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $22.9M | 226,996 | 2.7% | 5 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $21.6M | 18,688 | 2.5% | 5 |
| APTUS ENHANCED YIELD | [JUCY](https://holderbook.com/stocks/JUCY/) | $18.1M | 825,265 | 2.1% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $11.9M | 167,699 | 1.4% | 6 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $11.5M | 112,479 | 1.3% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $10.8M | 14,704 | 1.3% | 6 |
| INNOVATOR ETFS TRUST | [BFEB](https://holderbook.com/stocks/BFEB/) | $10.1M | 192,350 | 1.2% | 1 |
| INNOVATOR ETFS TRUST | [BMAR](https://holderbook.com/stocks/BMAR/) | $10.1M | 175,696 | 1.2% | 1 |
| INNOVATOR ETFS TRUST | [BJAN](https://holderbook.com/stocks/BJAN/) | $10.1M | 171,740 | 1.2% | 1 |
| INNOVATOR ETFS TRUST | [BMAY](https://holderbook.com/stocks/BMAY/) | $10.1M | 213,265 | 1.2% | 1 |
| INNOVATOR ETFS TRUST | [BJUN](https://holderbook.com/stocks/BJUN/) | $10.1M | 206,801 | 1.2% | 1 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $9.3M | 12,895 | 1.1% | 5 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $9.3M | 105,474 | 1.1% | 6 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $8.8M | 44,085 | 1.0% | 6 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $7.8M | 49,094 | 0.9% | 6 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $7.6M | 20,720 | 0.9% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $7.5M | 126,199 | 0.9% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $7.2M | 63,312 | 0.8% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.1M | 24,561 | 0.8% | 6 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $7.0M | 158,000 | 0.8% | 6 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $6.9M | 59,106 | 0.8% | 3 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $6.8M | 89,739 | 0.8% | 6 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $6.8M | 31,021 | 0.8% | 6 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $6.6M | 61,998 | 0.8% | 6 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $6.5M | 75,722 | 0.8% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $6.1M | 16,020 | 0.7% | 6 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $5.8M | 23,880 | 0.7% | 6 |
| INNOVATOR ETFS TRUST | [PJAN](https://holderbook.com/stocks/PJAN/) | $5.6M | 113,980 | 0.7% | 4 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $5.5M | 97,586 | 0.6% | 6 |
| INNOVATOR ETFS TRUST | [POCT](https://holderbook.com/stocks/POCT/) | $5.4M | 115,853 | 0.6% | 2 |
| INNOVATOR ETFS TRUST | [PAPR](https://holderbook.com/stocks/PAPR/) | $5.3M | 126,494 | 0.6% | 3 |
| INNOVATOR ETFS TRUST | [PJUL](https://holderbook.com/stocks/PJUL/) | $5.3M | 109,062 | 0.6% | 2 |
| INNOVATOR ETFS TRUST | [ACEI](https://holderbook.com/stocks/ACEI/) | $5.1M | 222,469 | 0.6% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.0M | 14,479 | 0.6% | 6 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $4.9M | 24,895 | 0.6% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $4.5M | 18,859 | 0.5% | 6 |
| TENET HEALTHCARE CORP | [THC](https://holderbook.com/stocks/THC/) | $4.3M | 23,097 | 0.5% | 5 |
| INVESCO ACTIVELY MANAGED EXC | [QQA](https://holderbook.com/stocks/QQA/) | $4.3M | 73,982 | 0.5% | 2 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $4.2M | 30,179 | 0.5% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $4.0M | 19,309 | 0.5% | 6 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $4.0M | 41,170 | 0.5% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.7M | 10,426 | 0.4% | 6 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $3.7M | 6,753 | 0.4% | 5 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $3.7M | 3,613 | 0.4% | 6 |
| EMCOR GROUP INC | [EME](https://holderbook.com/stocks/EME/) | $3.6M | 4,374 | 0.4% | 5 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $3.4M | 41,199 | 0.4% | 6 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $3.4M | 40,866 | 0.4% | 6 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $3.2M | 29,986 | 0.4% | 6 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $3.2M | 57,411 | 0.4% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.2M | 23,194 | 0.4% | 6 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $3.2M | 2,633 | 0.4% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $3.0M | 52,819 | 0.4% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $3.0M | 3,982 | 0.3% | 6 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $3.0M | 5,852 | 0.3% | 6 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.9M | 9,004 | 0.3% | 6 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $2.9M | 8,138 | 0.3% | 5 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $2.8M | 2,503 | 0.3% | 6 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $2.8M | 9,700 | 0.3% | 6 |
| PERMIAN RESOURCES CORP | [PR](https://holderbook.com/stocks/PR/) | $2.8M | 150,347 | 0.3% | 5 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $2.8M | 37,694 | 0.3% | 6 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $2.8M | 11,525 | 0.3% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.7M | 10,588 | 0.3% | 6 |
| PACKAGING CORP AMER | [PKG](https://holderbook.com/stocks/PKG/) | $2.7M | 11,263 | 0.3% | 5 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.7M | 14,498 | 0.3% | 6 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $2.6M | 27,226 | 0.3% | 6 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $2.6M | 84,060 | 0.3% | 6 |
| FOX CORP | [FOXA](https://holderbook.com/stocks/FOXA/) | $2.5M | 48,390 | 0.3% | 5 |
| AMPLIFY ETF TR | [DIVO](https://holderbook.com/stocks/DIVO/) | $2.5M | 54,212 | 0.3% | 1 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $2.3M | 4,457 | 0.3% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $2.3M | 4,008 | 0.3% | 6 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $2.2M | 25,136 | 0.3% | 6 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $2.2M | 3,145 | 0.3% | 6 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.2M | 10,145 | 0.3% | 6 |
| APTUS COLLARED INV | [ACIO](https://holderbook.com/stocks/ACIO/) | $2.1M | 46,274 | 0.2% | 5 |
| DIAMONDBACK ENERGY INC | [FANG](https://holderbook.com/stocks/FANG/) | $2.1M | 12,075 | 0.2% | 5 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $2.1M | 12,563 | 0.2% | 5 |
| JANUS DETROIT STR TR | [JSI](https://holderbook.com/stocks/JSI/) | $2.0M | 39,340 | 0.2% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.0M | 5,389 | 0.2% | 6 |
| INNOVATOR ETFS TRUST | [IJUL](https://holderbook.com/stocks/IJUL/) | $2.0M | 54,837 | 0.2% | 2 |
| INNOVATOR ETFS TRUST | [IOCT](https://holderbook.com/stocks/IOCT/) | $2.0M | 52,801 | 0.2% | 2 |
| INNOVATOR ETFS TRUST | [IJAN](https://holderbook.com/stocks/IJAN/) | $1.9M | 51,059 | 0.2% | 2 |
| INNOVATOR ETFS TRUST | [IAPR](https://holderbook.com/stocks/IAPR/) | $1.9M | 58,470 | 0.2% | 2 |
| INNOVATOR ETFS TRUST | [EJAN](https://holderbook.com/stocks/EJAN/) | $1.8M | 50,109 | 0.2% | 2 |
| INNOVATOR ETFS TRUST | [EJUL](https://holderbook.com/stocks/EJUL/) | $1.8M | 57,137 | 0.2% | 2 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $1.5M | 30,235 | 0.2% | 6 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $1.5M | 4,946 | 0.2% | 6 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $1.5M | 44,393 | 0.2% | 1 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $1.5M | 4,927 | 0.2% | 1 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.4M | 2,328 | 0.2% | 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 | +8.1% | +14.8% | -6.7% | 99% |
| Q3 2025 | +4.4% | +7.8% | -3.4% | 100% |
| Q2 2025 | +4.6% | +10.5% | -5.9% | 100% |
| Q1 2025 | -0.0% | -4.6% | +4.5% | 100% |
| Q4 2024 | -2.9% | +2.1% | -5.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $854.9M | 231 |
| Q1 2026 | $752.8M | 187 |
| Q2 2025 | $726.0M | 302 |
| Q1 2025 | $745.8M | 174 |
| Q4 2024 | $478.5M | 295 |
| Q3 2024 | $475.3M | 297 |