# Carroll Advisory Group, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2108684. Source: https://holderbook.com/funds/2108684-carroll-advisory-group-llc/

- Reported value: $304.5M
- Positions: 73
- Weight of the ten largest: 61.0%
- Filed: 2026-07-23

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 | [VOO](https://holderbook.com/stocks/VOO/) | $28.6M | 41,700 | 9.4% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $25.2M | 118,405 | 8.3% | 3 |
| ISHARES TR | [HAWX](https://holderbook.com/stocks/HAWX/) | $23.3M | 501,020 | 7.6% | 3 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $19.3M | 63,591 | 6.3% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $18.4M | 238,326 | 6.0% | 3 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $17.3M | 300,371 | 5.7% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $15.7M | 220,230 | 5.2% | 3 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $15.5M | 275,925 | 5.1% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $13.1M | 65,293 | 4.3% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $9.5M | 25,631 | 3.1% | 3 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.3M | 56,399 | 2.7% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCT](https://holderbook.com/stocks/BSCT/) | $7.0M | 374,457 | 2.3% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCS](https://holderbook.com/stocks/BSCS/) | $6.8M | 335,272 | 2.2% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCR](https://holderbook.com/stocks/BSCR/) | $6.6M | 338,675 | 2.2% | 3 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $6.2M | 71,069 | 2.1% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCQ](https://holderbook.com/stocks/BSCQ/) | $5.9M | 303,898 | 1.9% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCU](https://holderbook.com/stocks/BSCU/) | $5.7M | 341,775 | 1.9% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCV](https://holderbook.com/stocks/BSCV/) | $4.1M | 249,394 | 1.3% | 3 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $3.8M | 13,656 | 1.3% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $3.8M | 63,963 | 1.3% | 3 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.5M | 4,697 | 1.1% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.3M | 7,754 | 1.1% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCW](https://holderbook.com/stocks/BSCW/) | $3.3M | 162,721 | 1.1% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCZ](https://holderbook.com/stocks/BSCZ/) | $3.3M | 160,756 | 1.1% | 3 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $3.1M | 46,616 | 1.0% | 3 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $3.1M | 35,972 | 1.0% | 3 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $2.8M | 8,151 | 0.9% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCX](https://holderbook.com/stocks/BSCX/) | $2.7M | 126,318 | 0.9% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.6M | 31,294 | 0.9% | 3 |
| INVESCO EXCH TRD SLF IDX FD | [BSCY](https://holderbook.com/stocks/BSCY/) | $2.5M | 123,009 | 0.8% | 3 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $2.4M | 47,141 | 0.8% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.9M | 6,591 | 0.6% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $1.9M | 12,095 | 0.6% | 2 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.8M | 58,255 | 0.6% | 3 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.8M | 16,133 | 0.6% | 3 |
| INVESCO EXCH TRADED FD TR II | [EQAL](https://holderbook.com/stocks/EQAL/) | $1.8M | 29,732 | 0.6% | 3 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $1.5M | 41,448 | 0.5% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.4M | 5,887 | 0.5% | 3 |
| FIDELITY COMWLTH TR | [ONEQ](https://holderbook.com/stocks/ONEQ/) | $1.3M | 12,396 | 0.4% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $956.2K | 2,563 | 0.3% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $926.7K | 6,778 | 0.3% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $921.3K | 3,039 | 0.3% | 3 |
| GLACIER BANCORP INC NEW | [GBCI](https://holderbook.com/stocks/GBCI/) | $762.1K | 14,775 | 0.3% | 3 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $700.4K | 27,447 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $694.6K | 8,064 | 0.2% | 3 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $586.1K | 7,984 | 0.2% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $555.3K | 2,347 | 0.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $526.1K | 9,039 | 0.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $518.4K | 6,560 | 0.2% | 2 |
| SCHWAB STRATEGIC TR | [SCHZ](https://holderbook.com/stocks/SCHZ/) | $513.6K | 22,204 | 0.2% | 3 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $465.7K | 8,994 | 0.2% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $433.9K | 2,746 | 0.1% | 3 |
| VANGUARD INSTL INDEX FD | [VBIL](https://holderbook.com/stocks/VBIL/) | $424.9K | 5,615 | 0.1% | 3 |
| SPDR SERIES TRUST | [SPYD](https://holderbook.com/stocks/SPYD/) | $383.5K | 8,039 | 0.1% | 3 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $366.8K | 2,681 | 0.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHY](https://holderbook.com/stocks/SCHY/) | $334.8K | 10,552 | 0.1% | 1 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $318.5K | 6,577 | 0.1% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $315.6K | 273 | 0.1% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $303.2K | 406 | 0.1% | 3 |
| GLOBAL X FDS | [DIV](https://holderbook.com/stocks/DIV/) | $289.9K | 15,219 | 0.1% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $283.1K | 801 | 0.1% | 3 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $274.1K | 2,304 | 0.1% | 3 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $249.3K | 3,302 | 0.1% | 1 |
| INVESCO TR INVT GRADE MUNS | [VGM](https://holderbook.com/stocks/VGM/) | $247.3K | 23,329 | 0.1% | 3 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $246.9K | 2,840 | 0.1% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $246.0K | 688 | 0.1% | 3 |
| ISHARES TR | [IHI](https://holderbook.com/stocks/IHI/) | $235.7K | 4,769 | 0.1% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $227.2K | 243 | 0.1% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $226.7K | 2,001 | 0.1% | 3 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $225.3K | 947 | 0.1% | 1 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $221.6K | 2,682 | 0.1% | 1 |
| ISHARES TR | [HEFA](https://holderbook.com/stocks/HEFA/) | $217.1K | 4,626 | 0.1% | 1 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $215.0K | 887 | 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 |
|---|---|---|---|---|
| Q2 2026 | +11.1% | +14.8% | -3.7% | 100% |
| Q1 2026 | -1.6% | -4.6% | +3.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $304.5M | 73 |
| Q1 2026 | $257.6M | 67 |
| Q4 2025 | $231.1M | 72 |