Bannerstone Capital Management
WAYZATA, MNfiles as Bannerstone Capital Management, LLC
$119m in 112 US stocks at the end of 30 June 2026. The top 10 are 34.5% of the money. It changed about 24.1% of the portfolio this quarter.
Value
$119m
Stocks
112
Top 10 share
34.5%
Turnover
24.1%
What changed this quarter
New
Bought for the first time this quarter.
- Vertiv HoldingsVRT2.4% of the fund
- Nebius GroupNBIS1.4% of the fund
- Affiliated Managers GroupAMG0.9% of the fund
- CorningGLW0.8% of the fund
- ViasatVSAT0.8% of the fund
- PlexusPLXS0.6% of the fund
- Dell TechnologiesDELL0.6% of the fund
- Forgent Power SolutionsFPS0.5% of the fund
- ATIATI0.4% of the fund
- FlexFLEX0.4% of the fund
- NetAppNTAP0.4% of the fund
- Morgan StanleyMS0.4% of the fund
- Rockwell AutomationROK0.4% of the fund
- Texas InstrumentsTXN0.4% of the fund
- Micron TechnologyMU0.3% of the fund
- IrenIREN0.3% of the fund
- Seagate Technology HoldingsSTX0.3% of the fund
- Cisco SystemsCSCO0.2% of the fund
- SandiskSNDK0.2% of the fund
- Victory Capital HoldingsVCTR0.2% of the fund
- Applied MaterialsAMAT0.2% of the fund
- Simon Property GroupSPG0.2% of the fund
- Caseys General StoresCASY0.2% of the fund
- Western DigitalWDC0.2% of the fund
- First TR Exchange-Traded FDFPX0.2% of the fund
Added
Bought more of a stock they already held.
- State StreetSTT1.6% of the fund+517%
- Amazon.comAMZN1.4% of the fund+3%
- ChubbCB0.7% of the fund+20%
- Graham HoldingsGHC0.6% of the fund+26%
- Johnson & JohnsonJNJ0.6% of the fund+4%
- CaterpillarCAT0.5% of the fund+102%
- Cardinal HealthCAH0.5% of the fund+8%
- TargetTGT0.4% of the fund+2%
- Dimensional ETF TrustDFAU0.4% of the fund+9%
- International Business MachinesIBM0.3% of the fund+10%
- Dimensional ETF TrustDFAI0.2% of the fund+17%
Cut
Sold some of their stake.
- Lam ResearchLRCX4.0% of the fund-6%
- Berkshire HathawayBRK-B3.9% of the fund-5%
- Palantir TechnologiesPLTR3.0% of the fund-16%
- Quanta ServicesPWR2.4% of the fund-8%
- Advanced Micro DevicesAMD2.1% of the fund-27%
- Comfort Systems USAFIX1.9% of the fund-8%
- Eli LillyLLY1.9% of the fund-3%
- Bloom EnergyBE1.7% of the fund-17%
- ArganAGX1.6% of the fund-10%
- Palo Alto NetworksPANW1.5% of the fund-3%
- Applied DigitalAPLD1.4% of the fund-13%
- State STR Spdr S&P 500 ETF TSPY1.4% of the fund-46%
- Curtiss WrightCW1.2% of the fund-13%
- CelesticaCLS1.1% of the fund-13%
- Applied OptoelectronicsAAOI1.1% of the fund-13%
- FTAI AviationFTAI1.0% of the fund-13%
- Invesco QQQ TRQQQ0.7% of the fund-52%
- State STR Spdr DOW Jones INDDIA0.5% of the fund-59%
- UnitedHealth GroupUNH0.4% of the fund-4%
- DeereDE0.3% of the fund-48%
- VistraVST0.3% of the fund-3%
- PepsiCoPEP0.3% of the fund-5%
- Dimensional ETF TrustDFAT0.3% of the fund-5%
- L3harris TechnologiesLHX0.3% of the fund-5%
- Spdr Gold TRGLD0.3% of the fund-2%
Sold out
Sold their entire stake.
- Kratos Defense & Security SolutionsKTOS-100%
- Arthur J. GallagherAJG-100%
- FastlyFSLY-100%
- CME GroupCME-100%
- Direxion Shares ETF TrustTECL-100%
- StrategyMSTR-100%
- ServiceNowNOW-100%
- AppLovinAPP-100%
- ShopifySHOP-100%
- TKO Group HoldingsTKO-100%
- NetflixNFLX-100%
- UbiquitiUI-100%
- WalmartWMT-100%
- Honeywell InternationalHON-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 1.4%
- Value
- $2m
- Shares
- 2,167
-46%
- Vanguard Index FDSVO
- Share
- 1.0%
- Value
- $1m
- Shares
- 14,797
Held
- Invesco QQQ TRQQQ
- Share
- 0.7%
- Value
- $814,875
- Shares
- 1,107
-52%
- State STR Spdr DOW Jones INDDIA
- Share
- 0.5%
- Value
- $590,488
- Shares
- 1,130
-59%
- Dimensional ETF TrustDFAU
- Share
- 0.4%
- Value
- $423,762
- Shares
- 8,198
+9%
- Vanguard Index FDSVB
- Share
- 0.3%
- Value
- $351,664
- Shares
- 1,160
Held
- Dimensional ETF TrustDFAT
- Share
- 0.3%
- Value
- $350,600
- Shares
- 5,016
-5%
- Spdr Gold TRGLD
- Share
- 0.3%
- Value
- $310,176
- Shares
- 842
-2%
- Vanguard Index FDSVTI
- Share
- 0.2%
- Value
- $274,367
- Shares
- 741
Held
- Dimensional ETF TrustDFAI
- Share
- 0.2%
- Value
- $272,012
- Shares
- 6,594
+17%
- Ishares Silver TRSLV
- Share
- 0.2%
- Value
- $252,111
- Shares
- 4,715
Held
- Ishares TRIVV
- Share
- 0.2%
- Value
- $248,867
- Shares
- 332
-5%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 5.0% | $6m | 29,877 | Held |
| AppleAAPL | 4.8% | $6m | 19,775 | Held |
| Lam ResearchLRCX | 4.0% | $5m | 11,087 | -6% |
| Berkshire HathawayBRK-B | 3.9% | $5m | 9,155 | -5% |
| Goldman Sachs GroupGS | 3.6% | $4m | 4,201 | Held |
| Palantir TechnologiesPLTR | 3.0% | $4m | 30,554 | -16% |
| JPMorgan ChaseJPM | 2.7% | $3m | 9,720 | Held |
| Factset Research SystemsFDS | 2.7% | $3m | 13,729 | Held |
| Vertiv HoldingsVRT | 2.4% | $3m | 8,652 | New |
| Quanta ServicesPWR | 2.4% | $3m | 4,006 | -8% |
| MicrosoftMSFT | 2.3% | $3m | 7,266 | Held |
| Advanced Micro DevicesAMD | 2.1% | $2m | 4,204 | -27% |
| Comfort Systems USAFIX | 1.9% | $2m | 1,133 | -8% |
| Eli LillyLLY | 1.9% | $2m | 1,836 | -3% |
| EatonETN | 1.7% | $2m | 4,812 | Held |
| Bloom EnergyBE | 1.7% | $2m | 6,675 | -17% |
| State StreetSTT | 1.6% | $2m | 11,554 | +517% |
| ArganAGX | 1.6% | $2m | 2,331 | -10% |
| Palo Alto NetworksPANW | 1.5% | $2m | 5,314 | -3% |
| Deutsche Bank AktiengesellschaftDB | 1.5% | $2m | 51,482 | Held |
| Applied DigitalAPLD | 1.4% | $2m | 44,960 | -13% |
| Amazon.comAMZN | 1.4% | $2m | 6,973 | +3% |
| State STR Spdr S&P 500 ETF TSPY | 1.4% | $2m | 2,167 | -46% |
| Nebius GroupNBIS | 1.4% | $2m | 5,838 | New |
| Berkley W RWRB | 1.3% | $2m | 22,612 | Held |
| Curtiss WrightCW | 1.2% | $1m | 1,861 | -13% |
| CelesticaCLS | 1.1% | $1m | 3,674 | -13% |
| American ExpressAXP | 1.1% | $1m | 3,883 | Held |
| Applied OptoelectronicsAAOI | 1.1% | $1m | 8,807 | -13% |
| MastercardMA | 1.1% | $1m | 2,493 | Held |
| Vanguard Index FDSVO | 1.0% | $1m | 14,797 | Held |
| FTAI AviationFTAI | 1.0% | $1m | 4,289 | -13% |
| General ElectricGE | 0.9% | $1m | 2,927 | Held |
| KLAKLAC | 0.9% | $1m | 3,475 | Held |
| Affiliated Managers GroupAMG | 0.9% | $1m | 3,027 | New |
| CorningGLW | 0.8% | $1m | 3,933 | New |
| ViasatVSAT | 0.8% | $996,173 | 11,092 | New |
| TeradyneTER | 0.8% | $978,845 | 2,023 | Held |
| SynopsysSNPS | 0.8% | $893,478 | 2,003 | Held |
| BroadcomAVGO | 0.7% | $882,555 | 2,336 | Held |
| GE VernovaGEV | 0.7% | $879,970 | 749 | Held |
| ChubbCB | 0.7% | $854,708 | 2,508 | +20% |
| AlphabetGOOGL | 0.7% | $828,418 | 2,318 | Held |
| Invesco QQQ TRQQQ | 0.7% | $814,875 | 1,107 | -52% |
| Costco WholesaleCOST | 0.7% | $788,657 | 843 | Held |
| Valero EnergyVLO | 0.6% | $770,355 | 2,958 | Held |
| PlexusPLXS | 0.6% | $768,513 | 2,556 | New |
| AlphabetGOOG | 0.6% | $758,246 | 2,146 | Held |
| Dell TechnologiesDELL | 0.6% | $738,405 | 1,711 | New |
| Interactive Brokers GroupIBKR | 0.6% | $706,639 | 8,119 | Held |
| Graham HoldingsGHC | 0.6% | $705,407 | 618 | +26% |
| Johnson & JohnsonJNJ | 0.6% | $702,626 | 2,767 | +4% |
| ASML Holding NVASML | 0.6% | $696,304 | 350 | Held |
| CaterpillarCAT | 0.5% | $644,265 | 605 | +102% |
| Cardinal HealthCAH | 0.5% | $630,492 | 2,654 | +8% |
| Forgent Power SolutionsFPS | 0.5% | $619,711 | 11,094 | New |
| Jackson FinancialJXN | 0.5% | $616,978 | 6,026 | Held |
| State STR Spdr DOW Jones INDDIA | 0.5% | $590,488 | 1,130 | -59% |
| Rocket LabRKLB | 0.5% | $560,600 | 5,515 | Held |
| United Parcel ServiceUPS | 0.5% | $551,690 | 5,132 | Held |
| Home DepotHD | 0.4% | $525,458 | 1,490 | Held |
| UnitedHealth GroupUNH | 0.4% | $522,447 | 1,257 | -4% |
| TargetTGT | 0.4% | $514,854 | 3,942 | +2% |
| AbbVieABBV | 0.4% | $514,776 | 2,046 | Held |
| ATIATI | 0.4% | $502,605 | 2,550 | New |
| Hilton Worldwide HoldingsHLT | 0.4% | $501,585 | 1,518 | Held |
| FlexFLEX | 0.4% | $501,445 | 3,094 | New |
| Ryder SystemR | 0.4% | $494,468 | 1,875 | Held |
| NetAppNTAP | 0.4% | $484,399 | 3,130 | New |
| Morgan StanleyMS | 0.4% | $463,860 | 2,219 | New |
| Rockwell AutomationROK | 0.4% | $437,651 | 884 | New |
| Dimensional ETF TrustDFAU | 0.4% | $423,762 | 8,198 | +9% |
| Texas InstrumentsTXN | 0.4% | $423,259 | 1,420 | New |
| RTXRTX | 0.4% | $419,519 | 2,211 | Held |
| DeereDE | 0.3% | $403,434 | 636 | -48% |
| FastenalFAST | 0.3% | $383,263 | 7,980 | Held |
| VistraVST | 0.3% | $368,467 | 2,323 | -3% |
| Micron TechnologyMU | 0.3% | $364,756 | 316 | New |
| PepsiCoPEP | 0.3% | $356,942 | 2,636 | -5% |
| eBayEBAY | 0.3% | $355,516 | 3,181 | Held |
| IrenIREN | 0.3% | $353,401 | 7,728 | New |
| EOG ResourcesEOG | 0.3% | $352,173 | 2,715 | Held |
| Vanguard Index FDSVB | 0.3% | $351,664 | 1,160 | Held |
| Dimensional ETF TrustDFAT | 0.3% | $350,600 | 5,016 | -5% |
| International Business MachinesIBM | 0.3% | $348,018 | 1,238 | +10% |
| Seagate Technology HoldingsSTX | 0.3% | $335,820 | 348 | New |
| L3harris TechnologiesLHX | 0.3% | $321,821 | 1,107 | -5% |
| ToroTTC | 0.3% | $311,744 | 3,200 | Held |
| Spdr Gold TRGLD | 0.3% | $310,176 | 842 | -2% |
| Cisco SystemsCSCO | 0.2% | $289,414 | 2,464 | New |
| C. H. Robinson WorldwideCHRW | 0.2% | $285,173 | 1,514 | -11% |
| SandiskSNDK | 0.2% | $284,216 | 125 | New |
| 3MMMM | 0.2% | $281,941 | 1,741 | Held |
| Vanguard Index FDSVTI | 0.2% | $274,367 | 741 | Held |
| Dimensional ETF TrustDFAI | 0.2% | $272,012 | 6,594 | +17% |
| StarbucksSBUX | 0.2% | $265,286 | 2,596 | Held |
| Victory Capital HoldingsVCTR | 0.2% | $257,482 | 3,063 | New |
| Ishares Silver TRSLV | 0.2% | $252,111 | 4,715 | Held |
| Applied MaterialsAMAT | 0.2% | $251,604 | 348 | New |
| Ishares TRIVV | 0.2% | $248,867 | 332 | -5% |
Showing the largest 100 of 112.
Options (1)
- Kraft HeinzKHC
- Type
- Call
- Value
- $236,200
- Contracts
- 10,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Kraft HeinzKHC | Call | $236,200 | 10,000 |
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 14.0% since 31 December 2025.
Where the money is
Technology37.5%
Financial services23.2%
Industrials20.3%
Health care4.0%
Retail & consumer3.6%
Media & telecom2.4%
Everyday goods1.6%
Energy0.9%
Utilities0.3%
Real estate0.2%
Other6.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.