# Kastel Capital Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2111663. Source: https://holderbook.com/funds/2111663-kastel-capital-advisors-llc/

- Reported value: $158.1M
- Positions: 57
- Weight of the ten largest: 64.6%
- Filed: 2026-07-09

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/) | $23.1M | 35,362 | 14.6% | 3 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $22.1M | 483,888 | 14.0% | 3 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $15.9M | 184,076 | 10.1% | 3 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $9.6M | 83,696 | 6.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHP](https://holderbook.com/stocks/SCHP/) | $7.7M | 289,935 | 4.9% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $5.9M | 27,602 | 3.8% | 3 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $5.0M | 50,044 | 3.2% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $4.8M | 8,095 | 3.1% | 3 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $4.1M | 38,536 | 2.6% | 3 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $3.9M | 41,178 | 2.5% | 1 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $3.7M | 83,754 | 2.4% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $3.7M | 57,114 | 2.3% | 3 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $3.2M | 32,266 | 2.0% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $3.1M | 38,679 | 1.9% | 3 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $3.0M | 38,400 | 1.9% | 3 |
| VANGUARD ADMIRAL FDS INC | [VIOO](https://holderbook.com/stocks/VIOO/) | $2.8M | 24,136 | 1.8% | 3 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $2.6M | 13,814 | 1.7% | 3 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $2.6M | 44,692 | 1.6% | 1 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $2.6M | 102,003 | 1.6% | 3 |
| ISHARES INC | [EMGF](https://holderbook.com/stocks/EMGF/) | $2.5M | 41,526 | 1.6% | 3 |
| ISHARES TR | [IBMP](https://holderbook.com/stocks/IBMP/) | $1.9M | 74,959 | 1.2% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.9M | 12,734 | 1.2% | 3 |
| ISHARES TR | [IBMO](https://holderbook.com/stocks/IBMO/) | $1.8M | 71,546 | 1.2% | 3 |
| FIDELITY MERRIMACK STR TR | [FLDR](https://holderbook.com/stocks/FLDR/) | $1.7M | 34,048 | 1.1% | 1 |
| FIDELITY COVINGTON TRUST | [FENI](https://holderbook.com/stocks/FENI/) | $1.6M | 41,763 | 1.0% | 3 |
| ISHARES TR | [IBMQ](https://holderbook.com/stocks/IBMQ/) | $1.4M | 54,340 | 0.9% | 3 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $1.2M | 12,922 | 0.8% | 3 |
| ISHARES TR | [ILF](https://holderbook.com/stocks/ILF/) | $1.2M | 32,567 | 0.7% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $1.1M | 13,647 | 0.7% | 3 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $1.0M | 41,700 | 0.6% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $952.7K | 19,097 | 0.6% | 1 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $737.1K | 3,757 | 0.5% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $671.8K | 2,094 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $569.1K | 2,620 | 0.4% | 3 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $566.7K | 19,454 | 0.4% | 3 |
| ISHARES TR | [IBHH](https://holderbook.com/stocks/IBHH/) | $555.5K | 23,669 | 0.4% | 3 |
| ISHARES TR | [IBHG](https://holderbook.com/stocks/IBHG/) | $550.4K | 24,869 | 0.3% | 3 |
| FIDELITY COVINGTON TRUST | [FESM](https://holderbook.com/stocks/FESM/) | $543.8K | 14,310 | 0.3% | 3 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $505.0K | 13,145 | 0.3% | 3 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $493.5K | 2,057 | 0.3% | 3 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $479.3K | 9,104 | 0.3% | 3 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $412.1K | 17,000 | 0.3% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $403.4K | 2,916 | 0.3% | 3 |
| ISHARES TR | [AOM](https://holderbook.com/stocks/AOM/) | $399.8K | 8,440 | 0.3% | 3 |
| ISHARES TR | [IBHF](https://holderbook.com/stocks/IBHF/) | $375.7K | 16,372 | 0.2% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $342.4K | 3,783 | 0.2% | 3 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $320.3K | 6,928 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $297.9K | 682 | 0.2% | 3 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $278.4K | 1,303 | 0.2% | 3 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $274.6K | 1,431 | 0.2% | 3 |
| ISHARES INC | [RING](https://holderbook.com/stocks/RING/) | $268.0K | 3,394 | 0.2% | 3 |
| PIMCO ETF TR | [LTPZ](https://holderbook.com/stocks/LTPZ/) | $265.1K | 5,196 | 0.2% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $260.0K | 1,024 | 0.2% | 3 |
| ISHARES TR | [IBTG](https://holderbook.com/stocks/IBTG/) | $249.8K | 10,899 | 0.2% | 3 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $236.9K | 1,997 | 0.1% | 3 |
| FIDELITY WISE ORIGIN BITCOIN | [FBTC](https://holderbook.com/stocks/FBTC/) | $233.3K | 3,952 | 0.1% | 3 |
| BWX TECHNOLOGIES INC | [BWXT](https://holderbook.com/stocks/BWXT/) | $211.6K | 1,035 | 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 | +7.7% | +14.8% | -7.2% | 99% |
| Q1 2026 | -0.6% | -4.6% | +4.0% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $158.1M | 57 |
| Q1 2026 | $162.9M | 55 |
| Q4 2025 | $162.9M | 55 |