# Alternative Investment Advisors, LLC.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2009486. Source: https://holderbook.com/funds/2009486-alternative-investment-advisors-llc/

- Reported value: $263.1M
- Positions: 69
- Weight of the ten largest: 83.0%
- Filed: 2026-08-31

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/) | $153.4M | 204,888 | 58.3% | 12 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $13.4M | 256,751 | 5.1% | 4 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $10.0M | 146,582 | 3.8% | 7 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $8.6M | 23,553 | 3.3% | 11 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $7.5M | 17,383 | 2.9% | 7 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $6.1M | 64,070 | 2.3% | 12 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $5.9M | 61,165 | 2.2% | 12 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $4.8M | 53,046 | 1.8% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $4.4M | 22,008 | 1.7% | 12 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $4.1M | 87,940 | 1.6% | 9 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.1M | 10,850 | 1.2% | 12 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.9M | 6,788 | 1.1% | 12 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.5M | 1,361 | 1.0% | 1 |
| BILL HOLDINGS INC | [BILL](https://holderbook.com/stocks/BILL/) | $2.5M | 69,257 | 1.0% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.4M | 10,227 | 0.9% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.2M | 6,139 | 0.8% | 12 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $2.1M | 10,218 | 0.8% | 1 |
| APPFOLIO INC | [APPF](https://holderbook.com/stocks/APPF/) | $2.1M | 13,011 | 0.8% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.1M | 7,129 | 0.8% | 12 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.9M | 4,972 | 0.7% | 12 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $1.5M | 12,293 | 0.6% | 1 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.4M | 2,069 | 0.5% | 7 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $1.1M | 13,199 | 0.4% | 12 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $1.0M | 34,605 | 0.4% | 12 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $822.3K | 1,101 | 0.3% | 12 |
| DIREXION SHARES ETF TRUST | [SPXL](https://holderbook.com/stocks/SPXL/) | $774.6K | 2,861 | 0.3% | 4 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $774.6K | 1,221 | 0.3% | 12 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $702.8K | 10,343 | 0.3% | 11 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $687.9K | 495 | 0.3% | 1 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $681.5K | 1,362 | 0.3% | 12 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $645.6K | 606 | 0.2% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $552.2K | 1,562 | 0.2% | 9 |
| PROSHARES TR | [TQQQ](https://holderbook.com/stocks/TQQQ/) | $534.2K | 6,595 | 0.2% | 5 |
| PROSHARES TR | [SSO](https://holderbook.com/stocks/SSO/) | $520.6K | 7,726 | 0.2% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $481.2K | 4,249 | 0.2% | 8 |
| OTTER TAIL CORP | [OTTR](https://holderbook.com/stocks/OTTR/) | $431.8K | 4,799 | 0.2% | 12 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $429.5K | 5,197 | 0.2% | 12 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $425.1K | 813 | 0.2% | 2 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $391.6K | 4,769 | 0.1% | 9 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $374.5K | 809 | 0.1% | 3 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $354.8K | 832 | 0.1% | 9 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $345.9K | 3,126 | 0.1% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $341.0K | 1,041 | 0.1% | 2 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $334.9K | 796 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $322.0K | 468 | 0.1% | 3 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $313.5K | 1,500 | 0.1% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $276.5K | 490 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $265.6K | 717 | 0.1% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $257.5K | 750 | 0.1% | 8 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $251.2K | 983 | 0.1% | 1 |
| ISHARES TR | [GVI](https://holderbook.com/stocks/GVI/) | $238.3K | 2,246 | 0.1% | 2 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $236.9K | 7,472 | 0.1% | 2 |
| KINROSS GOLD CORP | [KGC](https://holderbook.com/stocks/KGC/) | $234.4K | 2,425 | 0.1% | 3 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $230.6K | 3,230 | 0.1% | 7 |
| CASEYS GEN STORES INC | [CASY](https://holderbook.com/stocks/CASY/) | $230.5K | 290 | 0.1% | 1 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $227.4K | 100 | 0.1% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $226.6K | 642 | 0.1% | 4 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $226.2K | 1,364 | 0.1% | 7 |
| ISHARES INC | [EMHY](https://holderbook.com/stocks/EMHY/) | $215.2K | 5,293 | 0.1% | 12 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $215.2K | 909 | 0.1% | 1 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $213.2K | 2,580 | 0.1% | 1 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $211.2K | 1,668 | 0.1% | 9 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $208.7K | 612 | 0.1% | 1 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $204.1K | 9,861 | 0.1% | 8 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $200.7K | 665 | 0.1% | 1 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $132.8K | 10,000 | 0.1% | 12 |
| GEVO INC | [GEVO](https://holderbook.com/stocks/GEVO/) | $89.4K | 59,574 | 0.0% | 9 |
| GERON CORP | [GERN](https://holderbook.com/stocks/GERN/) | $50.3K | 39,278 | 0.0% | 10 |
| DATAVAULT AI INC | [DVLT](https://holderbook.com/stocks/DVLT/) | $6.3K | 17,950 | 0.0% | 2 |

## 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 | +13.2% | +14.8% | -1.7% | 98% |
| Q1 2026 | -4.1% | -4.6% | +0.5% | 99% |
| Q4 2025 | +2.8% | +2.4% | +0.4% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.4% | 100% |
| Q2 2025 | +8.1% | +10.5% | -2.3% | 100% |
| Q1 2025 | -2.7% | -4.6% | +1.8% | 100% |
| Q4 2024 | -0.5% | +2.1% | -2.7% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.2% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $263.1M | 69 |
| Q1 2026 | $229.2M | 68 |
| Q4 2025 | $232.4M | 60 |
| Q3 2025 | $220.0M | 56 |
| Q2 2025 | $201.5M | 55 |
| Q1 2025 | $189.2M | 55 |
| Q4 2024 | $191.7M | 55 |
| Q3 2024 | $190.2M | 50 |
| Q2 2024 | $175.0M | 45 |
| Q1 2024 | $166.0M | 44 |
| Q4 2023 | $153.7M | 49 |
| Q3 2023 | $143.1M | 51 |