Hilltop Holdings

DALLAS, TXfiles as Hilltop Holdings Inc.

$1.2bn in 672 US stocks at the end of 30 June 2026. The top 10 are 19.1% of the money. It changed about 14.4% of the portfolio this quarter.

Value

$1.2bn

Stocks

672

Top 10 share

19.1%

Turnover

14.4%

What changed this quarter

New

Bought for the first time this quarter.

Ishares TREIRL
0.2% of the fund
Ishares TRENOR
0.2% of the fund
Ishares TREWU
0.2% of the fund
Ishares TRIWR
0.1% of the fund
IsharesEWN
0.1% of the fund
Ishares TRMTUM
0.1% of the fund
Ishares TREFNL
0.1% of the fund
Astera LabsALAB
0.1% of the fund
Delta Air LinesDAL
<0.1% of the fund
JabilJBL
<0.1% of the fund
Vaneck Bitcoin ETFHODL
<0.1% of the fund
ON SemiconductorON
<0.1% of the fund
Vishay Precision GroupVPG
<0.1% of the fund
Vaneck ETF TrustEMLC
<0.1% of the fund
Credo Technology Group HoldingCRDO
<0.1% of the fund
Honeywell InternationalHON
<0.1% of the fund
Honeywell AerospaceHONA
<0.1% of the fund
Ishares TREPOL
<0.1% of the fund
TotalEnergies SETTE
<0.1% of the fund
IsharesECH
<0.1% of the fund
Kraneshares Bosera MsciKBA
<0.1% of the fund
UnileverUL
<0.1% of the fund
Pattern GroupPTRN
<0.1% of the fund
Benchmark ElectronicsBHE
<0.1% of the fund
Series Portfolios TRCLOX
<0.1% of the fund

Added

Bought more of a stock they already held.

NvidiaNVDA
1.9% of the fund
+13%
Vanguard Index FDSVOO
1.8% of the fund
+20%
State STR Spdr S&P 500 ETF TSPY
1.7% of the fund
+3%
Spdr Series TrustBIL
1.0% of the fund
+10%
Ishares TRIWF
0.8% of the fund
+5%
BroadcomAVGO
0.8% of the fund
+5%
Select Sector Spdr TRXLE
0.8% of the fund
+38%
Ishares TRIJR
0.7% of the fund
+73%
Vanguard Index FDSVUG
0.7% of the fund
+5%
Ishares TRIJH
0.7% of the fund
+30%
Ishares TRHYG
0.7% of the fund
+89%
Ishares TRIBTH
0.7% of the fund
+7%
J P Morgan Exchange Traded FJPST
0.6% of the fund
+9%
Ishares TRIEI
0.6% of the fund
+8%
Ishares TRSHV
0.6% of the fund
+11%
State STR Spdr DOW Jones INDDIA
0.6% of the fund
+3%
CaterpillarCAT
0.5% of the fund
+8%
Invesco Exchange Traded FD TRSP
0.4% of the fund
+18%
Select Sector Spdr TRXLK
0.4% of the fund
+6%
Schwab Strategic TRSCHD
0.4% of the fund
+87%
Meta PlatformsMETA
0.4% of the fund
+9%
State STR Spdr S&P Midcap 40MDY
0.4% of the fund
+92%
Vaneck ETF TrustSMH
0.4% of the fund
+509%
Ishares TRDVY
0.4% of the fund
+2%
Spdr Series TrustCWB
0.4% of the fund
+1223%

Cut

Sold some of their stake.

Spdr Gold TRGLD
2.1% of the fund
-4%
Invesco QQQ TRQQQ
2.0% of the fund
-10%
Ishares TRLQD
1.7% of the fund
-26%
AlphabetGOOGL
1.5% of the fund
-3%
Ishares TRIWM
1.3% of the fund
-6%
AlphabetGOOG
1.2% of the fund
-3%
Micron TechnologyMU
1.1% of the fund
-31%
Berkshire HathawayBRK-B
1.0% of the fund
-7%
Advanced Micro DevicesAMD
0.9% of the fund
-2%
Ishares TRMBB
0.8% of the fund
-9%
ExxonMobil HoldingsXOM
0.8% of the fund
-3%
Ishares TRSGOV
0.7% of the fund
-36%
CorningGLW
0.7% of the fund
-3%
AbbVieABBV
0.6% of the fund
-7%
Johnson & JohnsonJNJ
0.6% of the fund
-7%
IntelINTC
0.6% of the fund
-27%
Ishares TRGOVT
0.5% of the fund
-7%
Ishares TRTLT
0.5% of the fund
-28%
Spdr Series TrustJNK
0.5% of the fund
-23%
Spdr Series TrustSPSB
0.4% of the fund
-4%
MerckMRK
0.4% of the fund
-5%
Texas InstrumentsTXN
0.4% of the fund
-4%
ChevronCVX
0.4% of the fund
-7%
Lam ResearchLRCX
0.4% of the fund
-16%
Taiwan Semiconductor ManufacturingTSM
0.4% of the fund
-3%

Sold out

Sold their entire stake.

Kraneshares TrustIVOL
-100%
Honeywell InternationalHON
-100%
IsharesEWA
-100%
AGF Invts TRBTAL
-100%
Spdr Index SHS FDSGNR
-100%
Ishares TRILF
-100%
CienaCIEN
-100%
Wisdomtree TRDXJ
-100%
Simplify Exchange Traded FUNTUA
-100%
Fidelity Covington TrustFSMD
-100%
IsharesTUR
-100%
First TR Exchange Traded FDFV
-100%
IsharesEWZ
-100%
Simplify Exchange Traded FUNTYA
-100%
IsharesEWT
-100%
AlbemarleALB
-100%
Wisdomtree TRUSDU
-100%
Aura MineralsAUGO
-100%
AdecoagroAGRO
-100%
FTAI AviationFTAI
-100%
Boston ScientificBSX
-100%
PhotronicsPLAB
-100%
Global X FDSLIT
-100%
IPG PhotonicsIPGP
-100%
FormfactorFORM
-100%

Holdings

AppleAAPL
Share
3.4%
Value
$41m
Shares
143,296
Held
Spdr Gold TRGLD
Share
2.1%
Value
$26m
Shares
71,396
-4%
Invesco QQQ TRQQQ
Share
2.0%
Value
$24m
Shares
33,148
-10%
NvidiaNVDA
Share
1.9%
Value
$23m
Shares
114,013
+13%
Vanguard Index FDSVOO
Share
1.8%
Value
$22m
Shares
32,134
+20%
Amazon.comAMZN
Share
1.7%
Value
$21m
Shares
87,904
Held
Ishares TRLQD
Share
1.7%
Value
$21m
Shares
190,075
-26%
State STR Spdr S&P 500 ETF TSPY
Share
1.7%
Value
$21m
Shares
27,465
+3%
AlphabetGOOGL
Share
1.5%
Value
$19m
Shares
53,164
-3%
Ishares TRIWM
Share
1.3%
Value
$17m
Shares
55,317
-6%
MicrosoftMSFT
Share
1.3%
Value
$16m
Shares
42,481
Held
AlphabetGOOG
Share
1.2%
Value
$15m
Shares
42,980
-3%
Micron TechnologyMU
Share
1.1%
Value
$14m
Shares
12,164
-31%
Berkshire HathawayBRK-B
Share
1.0%
Value
$12m
Shares
24,940
-7%
Spdr Series TrustBIL
Share
1.0%
Value
$12m
Shares
129,023
+10%
JPMorgan ChaseJPM
Share
0.9%
Value
$12m
Shares
35,611
Held
Advanced Micro DevicesAMD
Share
0.9%
Value
$11m
Shares
18,854
-2%
Ishares TRIWF
Share
0.8%
Value
$10m
Shares
79,007
+5%
Cisco SystemsCSCO
Share
0.8%
Value
$10m
Shares
81,333
Held
Ishares TRMBB
Share
0.8%
Value
$9m
Shares
100,451
-9%
BroadcomAVGO
Share
0.8%
Value
$9m
Shares
24,937
+5%
ExxonMobil HoldingsXOM
Share
0.8%
Value
$9m
Shares
68,814
-3%
Select Sector Spdr TRXLE
Share
0.8%
Value
$9m
Shares
174,973
+38%
Ishares TRIJR
Share
0.7%
Value
$9m
Shares
61,938
+73%
Ishares TRSGOV
Share
0.7%
Value
$9m
Shares
88,854
-36%
Vanguard Index FDSVUG
Share
0.7%
Value
$9m
Shares
103,252
+5%
CorningGLW
Share
0.7%
Value
$9m
Shares
34,561
-3%
Ishares TRIJH
Share
0.7%
Value
$9m
Shares
111,887
+30%
Ishares TRHYG
Share
0.7%
Value
$9m
Shares
106,539
+89%
Ishares TRIBTH
Share
0.7%
Value
$8m
Shares
375,375
+7%
J P Morgan Exchange Traded FJPST
Share
0.6%
Value
$8m
Shares
154,414
+9%
Ishares TRIEI
Share
0.6%
Value
$7m
Shares
62,939
+8%
WalmartWMT
Share
0.6%
Value
$7m
Shares
64,539
Held
Ishares TRSHV
Share
0.6%
Value
$7m
Shares
65,516
+11%
State STR Spdr DOW Jones INDDIA
Share
0.6%
Value
$7m
Shares
13,694
+3%
Vanguard World FDVGT
Share
0.6%
Value
$7m
Shares
59,365
Held
AbbVieABBV
Share
0.6%
Value
$7m
Shares
27,734
-7%
Johnson & JohnsonJNJ
Share
0.6%
Value
$7m
Shares
26,901
-7%
IntelINTC
Share
0.6%
Value
$7m
Shares
48,620
-27%
Ishares TREFA
Share
0.5%
Value
$7m
Shares
62,924
Held
Ishares TRGOVT
Share
0.5%
Value
$6m
Shares
276,895
-7%
International Business MachinesIBM
Share
0.5%
Value
$6m
Shares
22,426
Held
Ishares TRTLT
Share
0.5%
Value
$6m
Shares
72,104
-28%
CaterpillarCAT
Share
0.5%
Value
$6m
Shares
5,776
+8%
Energy Transfer L PET
Share
0.5%
Value
$6m
Shares
320,022
Held
Spdr Series TrustJNK
Share
0.5%
Value
$6m
Shares
61,641
-23%
Ishares TRIVV
Share
0.5%
Value
$6m
Shares
7,777
Held
Enterprise Products Partners L.P.EPD
Share
0.5%
Value
$6m
Shares
152,013
Held
Invesco Exchange Traded FD TRSP
Share
0.4%
Value
$6m
Shares
25,879
+18%
Select Sector Spdr TRXLK
Share
0.4%
Value
$5m
Shares
28,016
+6%
Schwab Strategic TRSCHD
Share
0.4%
Value
$5m
Shares
165,936
+87%
Meta PlatformsMETA
Share
0.4%
Value
$5m
Shares
9,268
+9%
State STR Spdr S&P Midcap 40MDY
Share
0.4%
Value
$5m
Shares
7,222
+92%
EatonETN
Share
0.4%
Value
$5m
Shares
11,753
Held
VisaV
Share
0.4%
Value
$5m
Shares
14,498
Held
Spdr Series TrustSPSB
Share
0.4%
Value
$5m
Shares
165,400
-4%
MerckMRK
Share
0.4%
Value
$5m
Shares
38,494
-5%
Vaneck ETF TrustSMH
Share
0.4%
Value
$5m
Shares
7,491
+509%
Texas InstrumentsTXN
Share
0.4%
Value
$5m
Shares
16,204
-4%
Ishares TRDVY
Share
0.4%
Value
$5m
Shares
30,828
+2%
Spdr Series TrustCWB
Share
0.4%
Value
$5m
Shares
44,282
+1223%
Vaneck ETF TrustBIZD
Share
0.4%
Value
$5m
Shares
376,719
+1562%
ChevronCVX
Share
0.4%
Value
$5m
Shares
28,525
-7%
Lam ResearchLRCX
Share
0.4%
Value
$5m
Shares
10,788
-16%
Ishares TRFLOT
Share
0.4%
Value
$5m
Shares
90,969
+13%
Taiwan Semiconductor ManufacturingTSM
Share
0.4%
Value
$5m
Shares
9,715
-3%
Ishares TRIGM
Share
0.4%
Value
$5m
Shares
27,754
+3%
Vanguard Intl Equity Index FVGK
Share
0.3%
Value
$4m
Shares
48,048
-10%
Select Sector Spdr TRXLV
Share
0.3%
Value
$4m
Shares
25,735
Held
Eli LillyLLY
Share
0.3%
Value
$4m
Shares
3,400
Held
Marvell TechnologyMRVL
Share
0.3%
Value
$4m
Shares
13,522
+45%
Coca-ColaKO
Share
0.3%
Value
$4m
Shares
49,101
-7%
Invesco Exch Traded FD TR IITAN
Share
0.3%
Value
$4m
Shares
66,036
+44%
Federated Hermes ETF TrustMKTN
Share
0.3%
Value
$4m
Shares
146,267
Held
Home DepotHD
Share
0.3%
Value
$4m
Shares
10,547
-6%
Spdr Series TrustXME
Share
0.3%
Value
$4m
Shares
34,677
-18%
Costco WholesaleCOST
Share
0.3%
Value
$4m
Shares
3,945
-5%
Vanguard Tax-Managed FDSVEA
Share
0.3%
Value
$4m
Shares
50,724
+120%
Invesco Exch Traded FD TR IISPHB
Share
0.3%
Value
$4m
Shares
23,222
+72%
Vertiv HoldingsVRT
Share
0.3%
Value
$4m
Shares
10,771
-10%
Ishares TRPFF
Share
0.3%
Value
$4m
Shares
116,282
+692%
AmphenolAPH
Share
0.3%
Value
$3m
Shares
19,826
+3%
Select Sector Spdr TRXLF
Share
0.3%
Value
$3m
Shares
63,593
+6%
Union PacificUNP
Share
0.3%
Value
$3m
Shares
12,402
-3%
TeslaTSLA
Share
0.3%
Value
$3m
Shares
7,925
+7%
Philip Morris InternationalPM
Share
0.3%
Value
$3m
Shares
18,340
-7%
MastercardMA
Share
0.3%
Value
$3m
Shares
6,452
+4%
Dimensional ETF TrustDFAE
Share
0.3%
Value
$3m
Shares
80,735
Held
Goldman Sachs GroupGS
Share
0.3%
Value
$3m
Shares
3,204
+17%
Comfort Systems USAFIX
Share
0.3%
Value
$3m
Shares
1,622
+3%
RTXRTX
Share
0.3%
Value
$3m
Shares
16,883
-27%
McDonald'sMCD
Share
0.3%
Value
$3m
Shares
11,573
+3%
Vanguard Index FDSVO
Share
0.2%
Value
$3m
Shares
37,712
-6%
Ishares TRIYE
Share
0.2%
Value
$3m
Shares
53,256
+4%
Ishares TRIWO
Share
0.2%
Value
$3m
Shares
7,626
Held
Ishares Gold TRIAU
Share
0.2%
Value
$3m
Shares
38,443
-25%
PfizerPFE
Share
0.2%
Value
$3m
Shares
120,367
-5%
Verizon CommunicationsVZ
Share
0.2%
Value
$3m
Shares
67,476
-6%
Ishares TRAGG
Share
0.2%
Value
$3m
Shares
28,840
+4%
Ishares TRIWB
Share
0.2%
Value
$3m
Shares
6,849
+14%

Company	Share of fund	Value	Shares	Change
AppleAAPL	3.4%	$41m	143,296	Held
Spdr Gold TRGLD	2.1%	$26m	71,396	-4%
Invesco QQQ TRQQQ	2.0%	$24m	33,148	-10%
NvidiaNVDA	1.9%	$23m	114,013	+13%
Vanguard Index FDSVOO	1.8%	$22m	32,134	+20%
Amazon.comAMZN	1.7%	$21m	87,904	Held
Ishares TRLQD	1.7%	$21m	190,075	-26%
State STR Spdr S&P 500 ETF TSPY	1.7%	$21m	27,465	+3%
AlphabetGOOGL	1.5%	$19m	53,164	-3%
Ishares TRIWM	1.3%	$17m	55,317	-6%
MicrosoftMSFT	1.3%	$16m	42,481	Held
AlphabetGOOG	1.2%	$15m	42,980	-3%
Micron TechnologyMU	1.1%	$14m	12,164	-31%
Berkshire HathawayBRK-B	1.0%	$12m	24,940	-7%
Spdr Series TrustBIL	1.0%	$12m	129,023	+10%
JPMorgan ChaseJPM	0.9%	$12m	35,611	Held
Advanced Micro DevicesAMD	0.9%	$11m	18,854	-2%
Ishares TRIWF	0.8%	$10m	79,007	+5%
Cisco SystemsCSCO	0.8%	$10m	81,333	Held
Ishares TRMBB	0.8%	$9m	100,451	-9%
BroadcomAVGO	0.8%	$9m	24,937	+5%
ExxonMobil HoldingsXOM	0.8%	$9m	68,814	-3%
Select Sector Spdr TRXLE	0.8%	$9m	174,973	+38%
Ishares TRIJR	0.7%	$9m	61,938	+73%
Ishares TRSGOV	0.7%	$9m	88,854	-36%
Vanguard Index FDSVUG	0.7%	$9m	103,252	+5%
CorningGLW	0.7%	$9m	34,561	-3%
Ishares TRIJH	0.7%	$9m	111,887	+30%
Ishares TRHYG	0.7%	$9m	106,539	+89%
Ishares TRIBTH	0.7%	$8m	375,375	+7%
J P Morgan Exchange Traded FJPST	0.6%	$8m	154,414	+9%
Ishares TRIEI	0.6%	$7m	62,939	+8%
WalmartWMT	0.6%	$7m	64,539	Held
Ishares TRSHV	0.6%	$7m	65,516	+11%
State STR Spdr DOW Jones INDDIA	0.6%	$7m	13,694	+3%
Vanguard World FDVGT	0.6%	$7m	59,365	Held
AbbVieABBV	0.6%	$7m	27,734	-7%
Johnson & JohnsonJNJ	0.6%	$7m	26,901	-7%
IntelINTC	0.6%	$7m	48,620	-27%
Ishares TREFA	0.5%	$7m	62,924	Held
Ishares TRGOVT	0.5%	$6m	276,895	-7%
International Business MachinesIBM	0.5%	$6m	22,426	Held
Ishares TRTLT	0.5%	$6m	72,104	-28%
CaterpillarCAT	0.5%	$6m	5,776	+8%
Energy Transfer L PET	0.5%	$6m	320,022	Held
Spdr Series TrustJNK	0.5%	$6m	61,641	-23%
Ishares TRIVV	0.5%	$6m	7,777	Held
Enterprise Products Partners L.P.EPD	0.5%	$6m	152,013	Held
Invesco Exchange Traded FD TRSP	0.4%	$6m	25,879	+18%
Select Sector Spdr TRXLK	0.4%	$5m	28,016	+6%
Schwab Strategic TRSCHD	0.4%	$5m	165,936	+87%
Meta PlatformsMETA	0.4%	$5m	9,268	+9%
State STR Spdr S&P Midcap 40MDY	0.4%	$5m	7,222	+92%
EatonETN	0.4%	$5m	11,753	Held
VisaV	0.4%	$5m	14,498	Held
Spdr Series TrustSPSB	0.4%	$5m	165,400	-4%
MerckMRK	0.4%	$5m	38,494	-5%
Vaneck ETF TrustSMH	0.4%	$5m	7,491	+509%
Texas InstrumentsTXN	0.4%	$5m	16,204	-4%
Ishares TRDVY	0.4%	$5m	30,828	+2%
Spdr Series TrustCWB	0.4%	$5m	44,282	+1223%
Vaneck ETF TrustBIZD	0.4%	$5m	376,719	+1562%
ChevronCVX	0.4%	$5m	28,525	-7%
Lam ResearchLRCX	0.4%	$5m	10,788	-16%
Ishares TRFLOT	0.4%	$5m	90,969	+13%
Taiwan Semiconductor ManufacturingTSM	0.4%	$5m	9,715	-3%
Ishares TRIGM	0.4%	$5m	27,754	+3%
Vanguard Intl Equity Index FVGK	0.3%	$4m	48,048	-10%
Select Sector Spdr TRXLV	0.3%	$4m	25,735	Held
Eli LillyLLY	0.3%	$4m	3,400	Held
Marvell TechnologyMRVL	0.3%	$4m	13,522	+45%
Coca-ColaKO	0.3%	$4m	49,101	-7%
Invesco Exch Traded FD TR IITAN	0.3%	$4m	66,036	+44%
Federated Hermes ETF TrustMKTN	0.3%	$4m	146,267	Held
Home DepotHD	0.3%	$4m	10,547	-6%
Spdr Series TrustXME	0.3%	$4m	34,677	-18%
Costco WholesaleCOST	0.3%	$4m	3,945	-5%
Vanguard Tax-Managed FDSVEA	0.3%	$4m	50,724	+120%
Invesco Exch Traded FD TR IISPHB	0.3%	$4m	23,222	+72%
Vertiv HoldingsVRT	0.3%	$4m	10,771	-10%
Ishares TRPFF	0.3%	$4m	116,282	+692%
AmphenolAPH	0.3%	$3m	19,826	+3%
Select Sector Spdr TRXLF	0.3%	$3m	63,593	+6%
Union PacificUNP	0.3%	$3m	12,402	-3%
TeslaTSLA	0.3%	$3m	7,925	+7%
Philip Morris InternationalPM	0.3%	$3m	18,340	-7%
MastercardMA	0.3%	$3m	6,452	+4%
Dimensional ETF TrustDFAE	0.3%	$3m	80,735	Held
Goldman Sachs GroupGS	0.3%	$3m	3,204	+17%
Comfort Systems USAFIX	0.3%	$3m	1,622	+3%
RTXRTX	0.3%	$3m	16,883	-27%
McDonald'sMCD	0.3%	$3m	11,573	+3%
Vanguard Index FDSVO	0.2%	$3m	37,712	-6%
Ishares TRIYE	0.2%	$3m	53,256	+4%
Ishares TRIWO	0.2%	$3m	7,626	Held
Ishares Gold TRIAU	0.2%	$3m	38,443	-25%
PfizerPFE	0.2%	$3m	120,367	-5%
Verizon CommunicationsVZ	0.2%	$3m	67,476	-6%
Ishares TRAGG	0.2%	$3m	28,840	+4%
Ishares TRIWB	0.2%	$3m	6,849	+14%

Showing the largest 100 of 672.

Options (3)

CaterpillarCAT
Type
Put
Value
$30m
Contracts
28,200
State STR Spdr S&P 500 ETF TSPY
Type
Put
Value
$26m
Contracts
34,600
Ishares TRIWM
Type
Put
Value
$660,990
Contracts
2,200

Company	Type	Value	Contracts
CaterpillarCAT	Put	$30m	28,200
State STR Spdr S&P 500 ETF TSPY	Put	$26m	34,600
Ishares TRIWM	Put	$660,990	2,200

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 21.1% since 30 June 2025.

Where the money is

Technology17.3%

Industrials6.7%

Financial services6.0%

Media & telecom4.4%

Health care4.0%

Retail & consumer3.6%

Energy2.7%

Everyday goods2.7%

Utilities1.7%

Materials1.1%

Real estate0.5%

Other49.4%

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.