# Capital Squared Financial LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2128691. Source: https://holderbook.com/funds/2128691-capital-squared-financial-llc/

- Reported value: $153.0M
- Positions: 87
- Weight of the ten largest: 43.2%
- Filed: 2026-07-22

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 |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $11.4M | 327,568 | 7.5% | 5 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $11.0M | 373,215 | 7.2% | 5 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $10.7M | 317,534 | 7.0% | 5 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $9.6M | 13,038 | 6.3% | 5 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $4.2M | 48,949 | 2.8% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.2M | 14,468 | 2.7% | 5 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $4.1M | 11,929 | 2.7% | 5 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $4.0M | 52,001 | 2.6% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $3.5M | 39,609 | 2.3% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.3M | 22,156 | 2.1% | 5 |
| ISHARES TR | [IWS](https://holderbook.com/stocks/IWS/) | $3.1M | 18,600 | 2.0% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $3.1M | 15,265 | 2.0% | 5 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $2.9M | 104,916 | 1.9% | 5 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $2.8M | 41,385 | 1.8% | 5 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.8M | 88,549 | 1.8% | 5 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $2.8M | 75,585 | 1.8% | 5 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $2.7M | 19,852 | 1.8% | 5 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $2.7M | 12,329 | 1.8% | 5 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $2.6M | 14,560 | 1.7% | 5 |
| VANGUARD MALVERN FDS | [VTIP](https://holderbook.com/stocks/VTIP/) | $2.3M | 46,088 | 1.5% | 5 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $2.3M | 14,641 | 1.5% | 5 |
| SPDR SERIES TRUST | [MDYG](https://holderbook.com/stocks/MDYG/) | $2.2M | 19,788 | 1.5% | 5 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $2.1M | 58,759 | 1.4% | 5 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $2.1M | 35,645 | 1.4% | 5 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $2.1M | 6,793 | 1.3% | 5 |
| SPDR SERIES TRUST | [MDYV](https://holderbook.com/stocks/MDYV/) | $2.0M | 21,496 | 1.3% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.9M | 5,171 | 1.3% | 5 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.9M | 33,760 | 1.3% | 4 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $1.9M | 6,130 | 1.2% | 5 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $1.9M | 12,690 | 1.2% | 5 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $1.7M | 6,825 | 1.1% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.6M | 2,174 | 1.1% | 5 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.6M | 13,588 | 1.1% | 5 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $1.6M | 6,841 | 1.1% | 5 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $1.6M | 13,506 | 1.1% | 5 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $1.6M | 32,418 | 1.1% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.6M | 4,540 | 1.0% | 4 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $1.5M | 4,117 | 1.0% | 5 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.4M | 17,921 | 0.9% | 5 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $1.4M | 15,664 | 0.9% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.4M | 4,180 | 0.9% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.3M | 5,254 | 0.8% | 5 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $1.2M | 10,696 | 0.8% | 5 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.2M | 16,261 | 0.8% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $923.6K | 2,584 | 0.6% | 5 |
| TOLL BROTHERS INC | [TOL](https://holderbook.com/stocks/TOL/) | $872.2K | 5,294 | 0.6% | 4 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $726.1K | 3,198 | 0.5% | 5 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $710.6K | 3,596 | 0.5% | 5 |
| ISHARES TR | [MTUM](https://holderbook.com/stocks/MTUM/) | $708.8K | 2,068 | 0.5% | 4 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $649.9K | 695 | 0.4% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $648.4K | 10,864 | 0.4% | 2 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $642.5K | 4,672 | 0.4% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $622.3K | 5,298 | 0.4% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $603.4K | 835 | 0.4% | 3 |
| AMERICAN CENTY ETF TR | [QGRO](https://holderbook.com/stocks/QGRO/) | $599.6K | 5,079 | 0.4% | 5 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $544.5K | 7,211 | 0.4% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $482.8K | 647 | 0.3% | 5 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $474.6K | 2,623 | 0.3% | 4 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $462.8K | 1,238 | 0.3% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $451.3K | 3,985 | 0.3% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $431.3K | 1,142 | 0.3% | 5 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $418.8K | 5,820 | 0.3% | 4 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $386.9K | 604 | 0.3% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $381.5K | 1,031 | 0.2% | 5 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $375.5K | 2,745 | 0.2% | 5 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $366.5K | 859 | 0.2% | 5 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $347.8K | 4,678 | 0.2% | 4 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $345.2K | 288 | 0.2% | 3 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $335.2K | 916 | 0.2% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $332.8K | 665 | 0.2% | 5 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $329.8K | 1,103 | 0.2% | 3 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $309.9K | 836 | 0.2% | 5 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $304.0K | 5,413 | 0.2% | 1 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $301.1K | 3,522 | 0.2% | 5 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $291.7K | 1,371 | 0.2% | 5 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $279.2K | 3,012 | 0.2% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $277.8K | 810 | 0.2% | 5 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $260.3K | 257 | 0.2% | 2 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $241.8K | 4,193 | 0.2% | 2 |
| SPDR SERIES TRUST | [SDY](https://holderbook.com/stocks/SDY/) | $236.8K | 1,556 | 0.2% | 5 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $234.3K | 1,329 | 0.2% | 1 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $231.7K | 771 | 0.2% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $225.5K | 888 | 0.1% | 2 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $213.9K | 3,990 | 0.1% | 4 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $209.8K | 179 | 0.1% | 1 |
| ISHARES TR | [IYH](https://holderbook.com/stocks/IYH/) | $204.7K | 3,055 | 0.1% | 1 |
| NUVEEN AMT FREE QLTY MUN INC | [NEA](https://holderbook.com/stocks/NEA/) | $138.0K | 11,751 | 0.1% | 5 |

## 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 | +14.7% | +14.8% | -0.1% | 100% |
| Q1 2026 | -2.7% | -4.6% | +1.9% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 100% |
| Q3 2025 | +7.7% | +7.8% | -0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $153.0M | 87 |
| Q1 2026 | $131.0M | 85 |
| Q4 2025 | $128.2M | 82 |
| Q3 2025 | $115.3M | 78 |
| Q2 2025 | $85.8M | 66 |