# Arsenal Capital Advisors LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2109474. Source: https://holderbook.com/funds/2109474-arsenal-capital-advisors-llc/

- Reported value: $169.5M
- Positions: 107
- Weight of the ten largest: 42.2%
- Filed: 2026-08-11

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 |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $13.1M | 65,621 | 7.7% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.2M | 47,021 | 6.6% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $9.3M | 32,249 | 5.5% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.2M | 19,188 | 4.2% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $5.8M | 67,088 | 3.4% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.6M | 9,921 | 3.3% | 3 |
| GOLDMAN SACHS ETF TR | [GPIQ](https://holderbook.com/stocks/GPIQ/) | $5.3M | 90,155 | 3.2% | 3 |
| AEROVIRONMENT INC | [AVAV](https://holderbook.com/stocks/AVAV/) | $4.7M | 28,709 | 2.8% | 1 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $4.6M | 52,146 | 2.7% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JQUA](https://holderbook.com/stocks/JQUA/) | $4.6M | 62,963 | 2.7% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $4.4M | 11,743 | 2.6% | 3 |
| AMERICAN CENTY ETF TR | [AVLV](https://holderbook.com/stocks/AVLV/) | $3.9M | 43,244 | 2.3% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $3.7M | 5,330 | 2.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $3.5M | 104,079 | 2.1% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $3.5M | 22,258 | 2.1% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $3.1M | 54,539 | 1.8% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $2.8M | 3,736 | 1.7% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $2.8M | 23,847 | 1.6% | 3 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $2.8M | 8,183 | 1.6% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $2.5M | 32,612 | 1.5% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.3M | 6,422 | 1.4% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.0M | 5,724 | 1.2% | 3 |
| TERAWULF INC | [WULF](https://holderbook.com/stocks/WULF/) | $2.0M | 81,724 | 1.2% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $2.0M | 24,603 | 1.2% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.9M | 1,999 | 1.1% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.8M | 7,005 | 1.0% | 3 |
| ALPS ETF TR | [SMTH](https://holderbook.com/stocks/SMTH/) | $1.8M | 69,082 | 1.0% | 3 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $1.7M | 5,610 | 1.0% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $1.7M | 4,463 | 1.0% | 3 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $1.6M | 7,156 | 0.9% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.6M | 3,137 | 0.9% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.5M | 20,985 | 0.9% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.3M | 4,121 | 0.8% | 3 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.3M | 3,519 | 0.8% | 3 |
| SPDR SERIES TRUST | [SPAB](https://holderbook.com/stocks/SPAB/) | $1.2M | 48,799 | 0.7% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.2M | 1,006 | 0.7% | 3 |
| BLACKROCK ETF TRUST | [BAI](https://holderbook.com/stocks/BAI/) | $1.2M | 22,632 | 0.7% | 1 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.2M | 14,378 | 0.7% | 3 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.1M | 7,907 | 0.6% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.1M | 33,728 | 0.6% | 3 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $1.1M | 14,709 | 0.6% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.0M | 2,458 | 0.6% | 3 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $1.0M | 944 | 0.6% | 3 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $978.5K | 4,490 | 0.6% | 3 |
| WISDOMTREE TR | [XSOE](https://holderbook.com/stocks/XSOE/) | $975.5K | 19,835 | 0.6% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $961.5K | 4,599 | 0.6% | 3 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $949.0K | 15,499 | 0.6% | 3 |
| VICTORY PORTFOLIOS II | [VFLO](https://holderbook.com/stocks/VFLO/) | $866.9K | 18,948 | 0.5% | 2 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $859.4K | 11,340 | 0.5% | 3 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $859.3K | 9,484 | 0.5% | 3 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $827.9K | 3,646 | 0.5% | 3 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $811.1K | 5,534 | 0.5% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $783.2K | 1,525 | 0.5% | 3 |
| VANGUARD SCOTTSDALE FDS | [VONV](https://holderbook.com/stocks/VONV/) | $756.3K | 7,114 | 0.4% | 3 |
| VANGUARD SCOTTSDALE FDS | [VONG](https://holderbook.com/stocks/VONG/) | $744.3K | 5,824 | 0.4% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $743.6K | 5,326 | 0.4% | 2 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $723.6K | 3,058 | 0.4% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $689.4K | 7,786 | 0.4% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $665.5K | 5,179 | 0.4% | 3 |
| INVESCO EXCH TRADED FD TR II | [SPMO](https://holderbook.com/stocks/SPMO/) | $651.9K | 4,036 | 0.4% | 1 |
| ALPS ETF TR | [RFFC](https://holderbook.com/stocks/RFFC/) | $578.4K | 7,666 | 0.3% | 3 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $574.9K | 6,957 | 0.3% | 3 |
| FRANKLIN TEMPLETON ETF TR | [FLJP](https://holderbook.com/stocks/FLJP/) | $566.5K | 14,251 | 0.3% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $531.6K | 1,549 | 0.3% | 3 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $515.9K | 1,411 | 0.3% | 3 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $504.5K | 2,005 | 0.3% | 3 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $492.3K | 1,238 | 0.3% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $481.8K | 4,254 | 0.3% | 3 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $476.2K | 2,787 | 0.3% | 1 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $467.2K | 8,648 | 0.3% | 1 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $457.0K | 1,340 | 0.3% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $445.5K | 7,463 | 0.3% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $443.5K | 622 | 0.3% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $432.9K | 375 | 0.3% | 1 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $401.3K | 4,159 | 0.2% | 1 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $392.4K | 388 | 0.2% | 3 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $383.1K | 11,508 | 0.2% | 1 |
| ALPS ETF TR | [MNBD](https://holderbook.com/stocks/MNBD/) | $381.1K | 14,634 | 0.2% | 3 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $365.4K | 1,529 | 0.2% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $361.7K | 1,025 | 0.2% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $353.4K | 740 | 0.2% | 2 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $349.0K | 2,304 | 0.2% | 3 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $346.6K | 846 | 0.2% | 3 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $329.1K | 2,276 | 0.2% | 3 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $321.8K | 1,825 | 0.2% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $314.9K | 1,900 | 0.2% | 3 |
| ARCHER AVIATION INC | [ACHR](https://holderbook.com/stocks/ACHR/) | $303.5K | 53,568 | 0.2% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $303.5K | 4,938 | 0.2% | 1 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $298.8K | 3,677 | 0.2% | 3 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $294.3K | 2,325 | 0.2% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $284.8K | 2,424 | 0.2% | 1 |
| VANGUARD SCOTTSDALE FDS | [VTWO](https://holderbook.com/stocks/VTWO/) | $279.5K | 2,302 | 0.2% | 3 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $270.2K | 230 | 0.2% | 1 |
| VANGUARD WORLD FD | [VDE](https://holderbook.com/stocks/VDE/) | $265.6K | 1,769 | 0.2% | 3 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $265.1K | 3,389 | 0.2% | 3 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $264.2K | 4,567 | 0.2% | 3 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $261.2K | 1,377 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $258.0K | 851 | 0.2% | 2 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $252.1K | 258 | 0.1% | 3 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $247.1K | 1,825 | 0.1% | 3 |

## 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 | +10.8% | +14.8% | -4.0% | 100% |
| Q1 2026 | -6.2% | -4.6% | -1.6% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $169.5M | 107 |
| Q1 2026 | $137.7M | 98 |
| Q4 2025 | $141.5M | 98 |