Martin Capital Advisors, LLP
SAN ANTONIO, TX
$191m in 77 US stocks at the end of 30 June 2026. The top 10 are 58.2% of the money. It changed about 9.0% of the portfolio this quarter.
Value
$191m
Stocks
77
Top 10 share
58.2%
Turnover
9.0%
What changed this quarter
New
Bought for the first time this quarter.
- Axon EnterpriseAXON0.2% of the fund
- SELLAS Life Sciences GroupSLS0.2% of the fund
- Dell TechnologiesDELL0.1% of the fund
- Analog DevicesADI0.1% of the fund
- ASML Holding NVASML0.1% of the fund
Added
Bought more of a stock they already held.
- Williams SonomaWSM3.1% of the fund+2%
- MastercardMA2.7% of the fund+2%
- Costco WholesaleCOST2.3% of the fund+2%
- VisaV2.1% of the fund+3%
- Texas InstrumentsTXN1.9% of the fund+4%
- Amazon.comAMZN1.4% of the fund+2%
- OracleORCL1.3% of the fund+4%
- Edwards LifesciencesEW1.3% of the fund+5%
- CaterpillarCAT1.3% of the fund+8%
- BlackRockBLK1.1% of the fund+5%
- Applied MaterialsAMAT1.1% of the fund+11%
- CrowdStrike HoldingsCRWD0.9% of the fund+12%
- SandiskSNDK0.8% of the fund+5%
- Lantheus HoldingsLNTH0.8% of the fund+10%
- IntuitINTU0.8% of the fund+3%
- Advanced Micro DevicesAMD0.8% of the fund+20%
- StrykerSYK0.6% of the fund+11%
- Toll BrothersTOL0.5% of the fund+16%
- CorningGLW0.4% of the fund+9%
- Palo Alto NetworksPANW0.4% of the fund+37%
- Intercontinental ExchangeICE0.4% of the fund+7%
- BroadcomAVGO0.3% of the fund+21%
- Cboe Global MktsCBOE0.3% of the fund+16%
- MicrosoftMSFT0.3% of the fund+5%
- TJX CompaniesTJX0.3% of the fund+25%
Cut
Sold some of their stake.
- Tractor SupplyTSCO0.6% of the fund-4%
- Berkshire HathawayBRK-B0.4% of the fund-3%
- U S Physical TherapyUSPH0.4% of the fund-8%
- Bank of New York MellonBNY0.3% of the fund-4%
- TapestryTPR0.2% of the fund-3%
- PayPal HoldingsPYPL0.2% of the fund-7%
- lululemon athleticaLULU0.1% of the fund-2%
Sold out
Sold their entire stake.
- ZoetisZTS-100%
Holdings
- Invesco QQQ TRQQQ
- Share
- 5.1%
- Value
- $10m
- Shares
- 13,283
Held
- Vanguard Index FDSVTI
- Share
- 3.5%
- Value
- $7m
- Shares
- 18,295
Held
- Ishares TRIBB
- Share
- 1.3%
- Value
- $3m
- Shares
- 13,419
Held
- Vanguard Scottsdale FDSVCSH
- Share
- 1.2%
- Value
- $2m
- Shares
- 27,800
Held
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.5%
- Value
- $984,990
- Shares
- 1,319
Held
- Ishares TRIWV
- Share
- 0.5%
- Value
- $869,856
- Shares
- 2,040
Held
- Ishares TRIJH
- Share
- 0.3%
- Value
- $614,952
- Shares
- 7,975
Held
- Cboe Global MktsCBOE
- Share
- 0.3%
- Value
- $587,504
- Shares
- 2,421
+16%
- Ishares TRIGSB
- Share
- 0.1%
- Value
- $207,544
- Shares
- 3,960
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 20.8% | $40m | 136,849 | Held |
| NvidiaNVDA | 7.4% | $14m | 70,489 | Held |
| Lam ResearchLRCX | 6.2% | $12m | 27,285 | Held |
| Invesco QQQ TRQQQ | 5.1% | $10m | 13,283 | Held |
| Intuitive SurgicalISRG | 4.2% | $8m | 20,268 | Held |
| Vanguard Index FDSVTI | 3.5% | $7m | 18,295 | Held |
| Williams SonomaWSM | 3.1% | $6m | 25,094 | +2% |
| AlphabetGOOGL | 2.9% | $6m | 15,464 | Held |
| MastercardMA | 2.7% | $5m | 10,046 | +2% |
| Costco WholesaleCOST | 2.3% | $4m | 4,608 | +2% |
| VisaV | 2.1% | $4m | 11,909 | +3% |
| Texas InstrumentsTXN | 1.9% | $4m | 11,960 | +4% |
| StarbucksSBUX | 1.7% | $3m | 32,114 | Held |
| Amazon.comAMZN | 1.4% | $3m | 11,495 | +2% |
| Charles SchwabSCHW | 1.4% | $3m | 28,119 | Held |
| OracleORCL | 1.3% | $3m | 17,438 | +4% |
| Ishares TRIBB | 1.3% | $3m | 13,419 | Held |
| Edwards LifesciencesEW | 1.3% | $2m | 27,473 | +5% |
| CaterpillarCAT | 1.3% | $2m | 2,270 | +8% |
| IntelINTC | 1.2% | $2m | 16,804 | Held |
| BlockXYZ | 1.2% | $2m | 30,859 | Held |
| Vanguard Scottsdale FDSVCSH | 1.2% | $2m | 27,800 | Held |
| Idexx LaboratoriesIDXX | 1.1% | $2m | 4,113 | Held |
| BlackRockBLK | 1.1% | $2m | 2,201 | +5% |
| Applied MaterialsAMAT | 1.1% | $2m | 2,873 | +11% |
| DavitaDVA | 1.0% | $2m | 8,864 | Held |
| AlphabetGOOG | 0.9% | $2m | 4,835 | Held |
| CrowdStrike HoldingsCRWD | 0.9% | $2m | 2,165 | +12% |
| SandiskSNDK | 0.8% | $2m | 698 | +5% |
| Lantheus HoldingsLNTH | 0.8% | $2m | 14,268 | +10% |
| Cisco SystemsCSCO | 0.8% | $2m | 13,200 | Held |
| IntuitINTU | 0.8% | $2m | 5,920 | +3% |
| Advanced Micro DevicesAMD | 0.8% | $1m | 2,489 | +20% |
| Chipotle Mexican GrillCMG | 0.7% | $1m | 40,099 | Held |
| Tractor SupplyTSCO | 0.6% | $1m | 37,085 | -4% |
| Western DigitalWDC | 0.6% | $1m | 1,687 | Held |
| NasdaqNDAQ | 0.6% | $1m | 13,580 | Held |
| StrykerSYK | 0.6% | $1m | 3,361 | +11% |
| State STR Spdr S&P 500 ETF TSPY | 0.5% | $984,990 | 1,319 | Held |
| Dick's Sporting GoodsDKS | 0.5% | $922,663 | 4,068 | Held |
| Ishares TRIWV | 0.5% | $869,856 | 2,040 | Held |
| Toll BrothersTOL | 0.5% | $869,056 | 5,275 | +16% |
| Berkshire HathawayBRK-B | 0.4% | $836,152 | 1,671 | -3% |
| TrexTREX | 0.4% | $815,227 | 16,291 | Held |
| U S Physical TherapyUSPH | 0.4% | $796,654 | 11,599 | -8% |
| GoDaddyGDDY | 0.4% | $775,124 | 9,132 | Held |
| CorningGLW | 0.4% | $773,953 | 3,030 | +9% |
| Palo Alto NetworksPANW | 0.4% | $754,336 | 2,212 | +37% |
| Intercontinental ExchangeICE | 0.4% | $718,101 | 5,833 | +7% |
| Quest DiagnosticsDGX | 0.3% | $666,583 | 3,145 | Held |
| eBayEBAY | 0.3% | $660,945 | 5,914 | Held |
| BroadcomAVGO | 0.3% | $659,174 | 1,745 | +21% |
| MorningstarMORN | 0.3% | $655,596 | 4,202 | Held |
| Bank of New York MellonBNY | 0.3% | $637,007 | 4,405 | -4% |
| QualcommQCOM | 0.3% | $623,019 | 3,371 | Held |
| Ishares TRIJH | 0.3% | $614,952 | 7,975 | Held |
| Cboe Global MktsCBOE | 0.3% | $587,504 | 2,421 | +16% |
| MicrosoftMSFT | 0.3% | $556,546 | 1,492 | +5% |
| NetflixNFLX | 0.3% | $537,642 | 7,530 | Held |
| TJX CompaniesTJX | 0.3% | $521,918 | 3,445 | +25% |
| Palantir TechnologiesPLTR | 0.3% | $505,764 | 4,335 | +21% |
| TapestryTPR | 0.2% | $455,242 | 3,110 | -3% |
| Generac HoldingsGNRC | 0.2% | $454,148 | 1,551 | Held |
| AdobeADBE | 0.2% | $406,042 | 1,980 | Held |
| Lowe's CompaniesLOW | 0.2% | $399,969 | 1,814 | Held |
| Texas RoadhouseTXRH | 0.2% | $374,093 | 1,936 | Held |
| Axon EnterpriseAXON | 0.2% | $364,957 | 651 | New |
| Eagle MaterialsEXP | 0.2% | $357,300 | 1,588 | Held |
| SELLAS Life Sciences GroupSLS | 0.2% | $340,690 | 23,082 | New |
| PayPal HoldingsPYPL | 0.2% | $334,386 | 7,744 | -7% |
| ServiceNowNOW | 0.2% | $292,578 | 2,947 | +33% |
| Dell TechnologiesDELL | 0.1% | $273,977 | 635 | New |
| lululemon athleticaLULU | 0.1% | $256,220 | 2,244 | -2% |
| Analog DevicesADI | 0.1% | $209,309 | 527 | New |
| ASML Holding NVASML | 0.1% | $208,891 | 105 | New |
| Ishares TRIGSB | 0.1% | $207,544 | 3,960 | Held |
| IPG PhotonicsIPGP | 0.1% | $204,313 | 1,741 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 24.1% since 30 June 2025.
Where the money is
Technology47.7%
Financial services10.8%
Health care10.0%
Retail & consumer9.9%
Media & telecom4.1%
Everyday goods2.3%
Industrials2.2%
Materials0.2%
Other12.9%
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.