Islay Capital Management

Lubbock, TXfiles as ISLAY CAPITAL MANAGEMENT, LLC

$213m in 228 US stocks at the end of 30 June 2026. The top 10 are 42.5% of the money. It changed about 14.1% of the portfolio this quarter.

Value

$213m

Stocks

228

Top 10 share

42.5%

Turnover

14.1%

What changed this quarter

New

Bought for the first time this quarter.

VisaV
0.8% of the fund
AT&TT
0.7% of the fund
PROG HoldingsPRG
0.5% of the fund
HF SinclairDINO
0.4% of the fund
Cigna GroupCI
0.4% of the fund
Best BUYBBY
0.4% of the fund
Ishares TRMUB
0.4% of the fund
Nabors IndustriesNBR
0.4% of the fund
HPHPQ
0.3% of the fund
DanaDAN
0.3% of the fund
LendingTreeTREE
0.2% of the fund
Blackrock ETF TrustDYNF
0.2% of the fund
Ishares TRLMUB
0.2% of the fund
Ishares TRIVW
0.2% of the fund
Ishares TRIUSB
0.1% of the fund
Ishares TRIVE
0.1% of the fund
Ishares TREFV
0.1% of the fund
Blackrock ETF TrustBAI
0.1% of the fund
Ishares TREFG
0.1% of the fund
Blackrock ETF TrustTHRO
<0.1% of the fund
EagleRock LandEROK
<0.1% of the fund
Blackrock ETF TrustBLCR
<0.1% of the fund
Ishares TRITA
<0.1% of the fund
ServiceNowNOW
<0.1% of the fund
Ishares TRTLH
<0.1% of the fund

Added

Bought more of a stock they already held.

Angel OAK Funds TrustUYLD
5.2% of the fund
+25%
American Centy ETF TRAVUV
4.8% of the fund
+8%
Pimco ETF TRCORP
3.9% of the fund
+10%
Invesco Exchange Traded FD TRSPT
3.6% of the fund
+19%
J P Morgan Exchange Traded FJCPB
1.8% of the fund
+101%
MicrosoftMSFT
1.7% of the fund
+9%
Ishares TRDGRO
1.3% of the fund
+9%
Ishares TRIVV
1.2% of the fund
+34%
Lockheed MartinLMT
1.1% of the fund
+14%
NvidiaNVDA
1.0% of the fund
+194%
Fidelity Merrimack STR TRFCOR
1.0% of the fund
+19%
Angel OAK Funds TrustCARY
1.0% of the fund
+6%
Fidelity Merrimack STR TRFLTB
0.9% of the fund
+9%
StrykerSYK
0.9% of the fund
+4%
Palantir TechnologiesPLTR
0.8% of the fund
+3%
Spdr Series TrustSPTL
0.8% of the fund
+12%
SLB LimitedSLB
0.7% of the fund
+7%
Fidelity Comwlth TRONEQ
0.7% of the fund
+52%
Nuveen S&P 500 Dynamic OverwXSSPX
0.7% of the fund
+14%
National Bank HoldingsNBHC
0.6% of the fund
+19%
KKRKKR
0.6% of the fund
+40%
Marathon PetroleumMPC
0.6% of the fund
+36%
Charles SchwabSCHW
0.5% of the fund
+10%
Cardinal HealthCAH
0.5% of the fund
+30%
Apollo Global ManagementAPO
0.4% of the fund
+5%

Cut

Sold some of their stake.

Spdr Series TrustBIL
7.4% of the fund
-7%
Schwab Strategic TRSCHD
7.1% of the fund
-2%
EA Series TrustFRDM
2.9% of the fund
-7%
Schwab Strategic TRSCHB
2.6% of the fund
-14%
IsharesIEMG
1.9% of the fund
-11%
Caseys General StoresCASY
1.7% of the fund
-17%
Amazon.comAMZN
1.7% of the fund
-3%
Ishares TREMB
1.6% of the fund
-31%
Ishares TRIEFA
1.5% of the fund
-28%
AlphabetGOOGL
1.4% of the fund
-11%
Allison Transmission HoldingsALSN
1.0% of the fund
-3%
ExxonMobil HoldingsXOM
0.7% of the fund
-28%
Invesco Exch Traded FD TR IIIFLN
0.7% of the fund
-47%
Cohen & SteersCNS
0.7% of the fund
-2%
ConocoPhillipsCOP
0.5% of the fund
-33%
Alps ETF TRAMLP
0.5% of the fund
-9%
Wisdomtree TRDEM
0.5% of the fund
-18%
CencoraCOR
0.5% of the fund
-38%
Ishares TRHYG
0.4% of the fund
-25%
Constellium SECSTM
0.4% of the fund
-5%
Phillips 66PSX
0.3% of the fund
-5%
Home BancsharesHOMB
0.1% of the fund
-12%
OshkoshOSK
<0.1% of the fund
-41%
ProgressivePGR
<0.1% of the fund
-73%
CrowdStrike HoldingsCRWD
<0.1% of the fund
-22%

Sold out

Sold their entire stake.

Holdings

Spdr Series TrustBIL
Share
7.4%
Value
$16m
Shares
171,604
-7%
Schwab Strategic TRSCHD
Share
7.1%
Value
$15m
Shares
479,137
-2%
Angel OAK Funds TrustUYLD
Share
5.2%
Value
$11m
Shares
218,490
+25%
American Centy ETF TRAVUV
Share
4.8%
Value
$10m
Shares
81,666
+8%
Pimco ETF TRCORP
Share
3.9%
Value
$8m
Shares
85,564
+10%
Invesco Exchange Traded FD TRSPT
Share
3.6%
Value
$8m
Shares
118,157
+19%
EA Series TrustFRDM
Share
2.9%
Value
$6m
Shares
85,415
-7%
Schwab Strategic TRSCHB
Share
2.6%
Value
$5m
Shares
188,620
-14%
AppleAAPL
Share
2.5%
Value
$5m
Shares
18,480
Held
Schwab Strategic TRSCHO
Share
2.5%
Value
$5m
Shares
219,598
Held
Berkshire HathawayBRK-B
Share
2.3%
Value
$5m
Shares
9,720
Held
IsharesIEMG
Share
1.9%
Value
$4m
Shares
47,543
-11%
J P Morgan Exchange Traded FJCPB
Share
1.8%
Value
$4m
Shares
82,197
+101%
MicrosoftMSFT
Share
1.7%
Value
$4m
Shares
9,561
+9%
Caseys General StoresCASY
Share
1.7%
Value
$4m
Shares
4,462
-17%
Amazon.comAMZN
Share
1.7%
Value
$4m
Shares
14,777
-3%
Ishares TREMB
Share
1.6%
Value
$3m
Shares
36,074
-31%
Ishares TRIEFA
Share
1.5%
Value
$3m
Shares
32,342
-28%
AlphabetGOOGL
Share
1.4%
Value
$3m
Shares
8,549
-11%
Ishares TRDGRO
Share
1.3%
Value
$3m
Shares
36,216
+9%
Wells Fargo & CompanyWFC
Share
1.3%
Value
$3m
Shares
33,134
Held
Ishares TRIVV
Share
1.2%
Value
$3m
Shares
3,493
+34%
Johnson & JohnsonJNJ
Share
1.1%
Value
$2m
Shares
9,511
Held
Lockheed MartinLMT
Share
1.1%
Value
$2m
Shares
4,730
+14%
PrologisPLD
Share
1.1%
Value
$2m
Shares
16,598
Held
NvidiaNVDA
Share
1.0%
Value
$2m
Shares
11,146
+194%
Fidelity Merrimack STR TRFCOR
Share
1.0%
Value
$2m
Shares
47,166
+19%
Angel OAK Funds TrustCARY
Share
1.0%
Value
$2m
Shares
104,900
+6%
Allison Transmission HoldingsALSN
Share
1.0%
Value
$2m
Shares
18,440
-3%
Omega Healthcare InvestorsOHI
Share
0.9%
Value
$2m
Shares
42,085
Held
Fidelity Merrimack STR TRFLTB
Share
0.9%
Value
$2m
Shares
38,753
+9%
StrykerSYK
Share
0.9%
Value
$2m
Shares
5,854
+4%
Palantir TechnologiesPLTR
Share
0.8%
Value
$2m
Shares
14,968
+3%
Spdr Series TrustSPTL
Share
0.8%
Value
$2m
Shares
64,330
+12%
VisaV
Share
0.8%
Value
$2m
Shares
4,752
New
ExxonMobil HoldingsXOM
Share
0.7%
Value
$2m
Shares
11,676
-28%
Invesco Exch Traded FD TR IIIFLN
Share
0.7%
Value
$2m
Shares
87,277
-47%
SLB LimitedSLB
Share
0.7%
Value
$2m
Shares
34,138
+7%
Fidelity Comwlth TRONEQ
Share
0.7%
Value
$1m
Shares
13,844
+52%
Nuveen S&P 500 Dynamic OverwXSSPX
Share
0.7%
Value
$1m
Shares
75,984
+14%
Cohen & SteersCNS
Share
0.7%
Value
$1m
Shares
18,517
-2%
AT&TT
Share
0.7%
Value
$1m
Shares
67,335
New
ChevronCVX
Share
0.6%
Value
$1m
Shares
7,672
Held
Sprott Asset Management LPPHYS
Share
0.6%
Value
$1m
Shares
40,161
Held
National Bank HoldingsNBHC
Share
0.6%
Value
$1m
Shares
26,945
+19%
KKRKKR
Share
0.6%
Value
$1m
Shares
12,878
+40%
Marathon PetroleumMPC
Share
0.6%
Value
$1m
Shares
4,605
+36%
Ishares TRDVY
Share
0.6%
Value
$1m
Shares
7,498
Held
ConocoPhillipsCOP
Share
0.5%
Value
$1m
Shares
11,220
-33%
Charles SchwabSCHW
Share
0.5%
Value
$1m
Shares
12,536
+10%
Alps ETF TRAMLP
Share
0.5%
Value
$1m
Shares
21,926
-9%
Schwab Strategic TRSCHG
Share
0.5%
Value
$1m
Shares
33,159
Held
Wisdomtree TRDEM
Share
0.5%
Value
$1m
Shares
20,343
-18%
CencoraCOR
Share
0.5%
Value
$1m
Shares
3,772
-38%
PROG HoldingsPRG
Share
0.5%
Value
$1m
Shares
22,495
New
Global X FDSCATH
Share
0.5%
Value
$1m
Shares
11,300
Held
Cardinal HealthCAH
Share
0.5%
Value
$974,946
Shares
4,104
+30%
Sprott Asset Management LPPSLV
Share
0.5%
Value
$964,710
Shares
51,124
Held
Apollo Global ManagementAPO
Share
0.4%
Value
$917,731
Shares
7,757
+5%
Bath & Body WorksBBWI
Share
0.4%
Value
$869,318
Shares
37,584
+34%
Ishares TRHYG
Share
0.4%
Value
$850,641
Shares
10,637
-25%
Meta PlatformsMETA
Share
0.4%
Value
$850,568
Shares
1,510
+6%
Universal Health ServicesUHS
Share
0.4%
Value
$829,690
Shares
5,580
+78%
PAR Pacific HoldingsPARR
Share
0.4%
Value
$825,946
Shares
14,728
+1127%
HF SinclairDINO
Share
0.4%
Value
$824,517
Shares
11,838
New
Cigna GroupCI
Share
0.4%
Value
$821,802
Shares
2,981
New
Best BUYBBY
Share
0.4%
Value
$805,163
Shares
10,611
New
Constellium SECSTM
Share
0.4%
Value
$773,453
Shares
24,269
-5%
Ishares TRMUB
Share
0.4%
Value
$753,125
Shares
6,998
New
Ishares TRTLT
Share
0.4%
Value
$752,459
Shares
8,707
+28%
Nabors IndustriesNBR
Share
0.4%
Value
$750,125
Shares
8,929
New
Schwab Strategic TRSCHP
Share
0.3%
Value
$742,000
Shares
28,000
+180%
Wells Fargo
Share
0.3%
Value
$688,415
Shares
595
Held
HPHPQ
Share
0.3%
Value
$671,188
Shares
30,592
New
Phillips 66PSX
Share
0.3%
Value
$656,252
Shares
3,882
-5%
DanaDAN
Share
0.3%
Value
$635,653
Shares
23,361
New
LendingTreeTREE
Share
0.2%
Value
$527,361
Shares
11,907
New
Blackrock ETF TrustDYNF
Share
0.2%
Value
$426,763
Shares
6,275
New
Ishares TRQUAL
Share
0.2%
Value
$416,698
Shares
1,899
+533%
Plains ALL Amern Pipeline LPAA
Share
0.2%
Value
$407,358
Shares
18,300
Held
Ishares TRLMUB
Share
0.2%
Value
$399,414
Shares
7,798
New
Bank of Amer
Share
0.2%
Value
$376,350
Shares
300
Held
Simplify Exchange Traded FUNSBAR
Share
0.2%
Value
$365,440
Shares
14,275
+8%
SouthState BankSSB
Share
0.2%
Value
$359,340
Shares
3,597
Held
Ishares TRIVW
Share
0.2%
Value
$351,252
Shares
2,554
New
PIMCO Dynamic Income Strategy FundPDX
Share
0.2%
Value
$334,106
Shares
16,047
Held
Ishares TRMTUM
Share
0.1%
Value
$309,575
Shares
903
+502%
Ishares TRIUSB
Share
0.1%
Value
$294,991
Shares
6,392
New
Ishares TRIVE
Share
0.1%
Value
$275,197
Shares
1,212
New
Ishares TREFV
Share
0.1%
Value
$274,585
Shares
3,587
New
RTXRTX
Share
0.1%
Value
$256,705
Shares
1,353
Held
Sabine Royalty TrustSBR
Share
0.1%
Value
$256,200
Shares
3,500
Held
Vanguard Charlotte FDSBNDX
Share
0.1%
Value
$225,490
Shares
4,656
Held
Ishares TROEF
Share
0.1%
Value
$219,522
Shares
600
Held
Blackrock ETF TrustBAI
Share
0.1%
Value
$218,419
Shares
4,143
New
Home BancsharesHOMB
Share
0.1%
Value
$215,495
Shares
7,548
-12%
Ishares TREFG
Share
0.1%
Value
$214,873
Shares
1,727
New
Southern CompanySO
Share
<0.1%
Value
$210,852
Shares
2,203
Held
Spdr Series TrustSLYG
Share
<0.1%
Value
$202,521
Shares
1,700
Held
Nuveen Municipal Value FundNUV
Share
<0.1%
Value
$200,535
Shares
21,750
Held

Company	Share of fund	Value	Shares	Change
Spdr Series TrustBIL	7.4%	$16m	171,604	-7%
Schwab Strategic TRSCHD	7.1%	$15m	479,137	-2%
Angel OAK Funds TrustUYLD	5.2%	$11m	218,490	+25%
American Centy ETF TRAVUV	4.8%	$10m	81,666	+8%
Pimco ETF TRCORP	3.9%	$8m	85,564	+10%
Invesco Exchange Traded FD TRSPT	3.6%	$8m	118,157	+19%
EA Series TrustFRDM	2.9%	$6m	85,415	-7%
Schwab Strategic TRSCHB	2.6%	$5m	188,620	-14%
AppleAAPL	2.5%	$5m	18,480	Held
Schwab Strategic TRSCHO	2.5%	$5m	219,598	Held
Berkshire HathawayBRK-B	2.3%	$5m	9,720	Held
IsharesIEMG	1.9%	$4m	47,543	-11%
J P Morgan Exchange Traded FJCPB	1.8%	$4m	82,197	+101%
MicrosoftMSFT	1.7%	$4m	9,561	+9%
Caseys General StoresCASY	1.7%	$4m	4,462	-17%
Amazon.comAMZN	1.7%	$4m	14,777	-3%
Ishares TREMB	1.6%	$3m	36,074	-31%
Ishares TRIEFA	1.5%	$3m	32,342	-28%
AlphabetGOOGL	1.4%	$3m	8,549	-11%
Ishares TRDGRO	1.3%	$3m	36,216	+9%
Wells Fargo & CompanyWFC	1.3%	$3m	33,134	Held
Ishares TRIVV	1.2%	$3m	3,493	+34%
Johnson & JohnsonJNJ	1.1%	$2m	9,511	Held
Lockheed MartinLMT	1.1%	$2m	4,730	+14%
PrologisPLD	1.1%	$2m	16,598	Held
NvidiaNVDA	1.0%	$2m	11,146	+194%
Fidelity Merrimack STR TRFCOR	1.0%	$2m	47,166	+19%
Angel OAK Funds TrustCARY	1.0%	$2m	104,900	+6%
Allison Transmission HoldingsALSN	1.0%	$2m	18,440	-3%
Omega Healthcare InvestorsOHI	0.9%	$2m	42,085	Held
Fidelity Merrimack STR TRFLTB	0.9%	$2m	38,753	+9%
StrykerSYK	0.9%	$2m	5,854	+4%
Palantir TechnologiesPLTR	0.8%	$2m	14,968	+3%
Spdr Series TrustSPTL	0.8%	$2m	64,330	+12%
VisaV	0.8%	$2m	4,752	New
ExxonMobil HoldingsXOM	0.7%	$2m	11,676	-28%
Invesco Exch Traded FD TR IIIFLN	0.7%	$2m	87,277	-47%
SLB LimitedSLB	0.7%	$2m	34,138	+7%
Fidelity Comwlth TRONEQ	0.7%	$1m	13,844	+52%
Nuveen S&P 500 Dynamic OverwXSSPX	0.7%	$1m	75,984	+14%
Cohen & SteersCNS	0.7%	$1m	18,517	-2%
AT&TT	0.7%	$1m	67,335	New
ChevronCVX	0.6%	$1m	7,672	Held
Sprott Asset Management LPPHYS	0.6%	$1m	40,161	Held
National Bank HoldingsNBHC	0.6%	$1m	26,945	+19%
KKRKKR	0.6%	$1m	12,878	+40%
Marathon PetroleumMPC	0.6%	$1m	4,605	+36%
Ishares TRDVY	0.6%	$1m	7,498	Held
ConocoPhillipsCOP	0.5%	$1m	11,220	-33%
Charles SchwabSCHW	0.5%	$1m	12,536	+10%
Alps ETF TRAMLP	0.5%	$1m	21,926	-9%
Schwab Strategic TRSCHG	0.5%	$1m	33,159	Held
Wisdomtree TRDEM	0.5%	$1m	20,343	-18%
CencoraCOR	0.5%	$1m	3,772	-38%
PROG HoldingsPRG	0.5%	$1m	22,495	New
Global X FDSCATH	0.5%	$1m	11,300	Held
Cardinal HealthCAH	0.5%	$974,946	4,104	+30%
Sprott Asset Management LPPSLV	0.5%	$964,710	51,124	Held
Apollo Global ManagementAPO	0.4%	$917,731	7,757	+5%
Bath & Body WorksBBWI	0.4%	$869,318	37,584	+34%
Ishares TRHYG	0.4%	$850,641	10,637	-25%
Meta PlatformsMETA	0.4%	$850,568	1,510	+6%
Universal Health ServicesUHS	0.4%	$829,690	5,580	+78%
PAR Pacific HoldingsPARR	0.4%	$825,946	14,728	+1127%
HF SinclairDINO	0.4%	$824,517	11,838	New
Cigna GroupCI	0.4%	$821,802	2,981	New
Best BUYBBY	0.4%	$805,163	10,611	New
Constellium SECSTM	0.4%	$773,453	24,269	-5%
Ishares TRMUB	0.4%	$753,125	6,998	New
Ishares TRTLT	0.4%	$752,459	8,707	+28%
Nabors IndustriesNBR	0.4%	$750,125	8,929	New
Schwab Strategic TRSCHP	0.3%	$742,000	28,000	+180%
Wells Fargo	0.3%	$688,415	595	Held
HPHPQ	0.3%	$671,188	30,592	New
Phillips 66PSX	0.3%	$656,252	3,882	-5%
DanaDAN	0.3%	$635,653	23,361	New
LendingTreeTREE	0.2%	$527,361	11,907	New
Blackrock ETF TrustDYNF	0.2%	$426,763	6,275	New
Ishares TRQUAL	0.2%	$416,698	1,899	+533%
Plains ALL Amern Pipeline LPAA	0.2%	$407,358	18,300	Held
Ishares TRLMUB	0.2%	$399,414	7,798	New
Bank of Amer	0.2%	$376,350	300	Held
Simplify Exchange Traded FUNSBAR	0.2%	$365,440	14,275	+8%
SouthState BankSSB	0.2%	$359,340	3,597	Held
Ishares TRIVW	0.2%	$351,252	2,554	New
PIMCO Dynamic Income Strategy FundPDX	0.2%	$334,106	16,047	Held
Ishares TRMTUM	0.1%	$309,575	903	+502%
Ishares TRIUSB	0.1%	$294,991	6,392	New
Ishares TRIVE	0.1%	$275,197	1,212	New
Ishares TREFV	0.1%	$274,585	3,587	New
RTXRTX	0.1%	$256,705	1,353	Held
Sabine Royalty TrustSBR	0.1%	$256,200	3,500	Held
Vanguard Charlotte FDSBNDX	0.1%	$225,490	4,656	Held
Ishares TROEF	0.1%	$219,522	600	Held
Blackrock ETF TrustBAI	0.1%	$218,419	4,143	New
Home BancsharesHOMB	0.1%	$215,495	7,548	-12%
Ishares TREFG	0.1%	$214,873	1,727	New
Southern CompanySO	<0.1%	$210,852	2,203	Held
Spdr Series TrustSLYG	<0.1%	$202,521	1,700	Held
Nuveen Municipal Value FundNUV	<0.1%	$200,535	21,750	Held

Showing the largest 100 of 228.

Options (1)

Vanguard Scottsdale FDSVCSH
Type
Put
Value
$3m
Contracts
43,000

Company	Type	Value	Contracts
Vanguard Scottsdale FDSVCSH	Put	$3m	43,000

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 37.2% since 30 June 2025.

Where the money is

Financial services8.0%

Technology7.1%

Energy4.7%

Health care3.8%

Retail & consumer2.8%

Media & telecom2.5%

Industrials2.5%

Real estate2.0%

Everyday goods1.7%

Materials0.5%

Utilities0.1%

Other64.3%

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.