Payne Capital

LAKE OSWEGO, ORfiles as Payne Capital LLC

$120m in 59 US stocks at the end of 30 June 2026. The top 10 are 54.7% of the money. It changed about 6.5% of the portfolio this quarter.

Value

$120m

Stocks

Top 10 share

54.7%

Turnover

6.5%

What changed this quarter

New

Bought for the first time this quarter.

AlphabetGOOGL
0.2% of the fund
Amazon.comAMZN
0.2% of the fund
Ishares TRIWM
0.2% of the fund
DonaldsonDCI
0.2% of the fund

Added

Bought more of a stock they already held.

Schwab Strategic TRFNDX
7.5% of the fund
+60%
NetflixNFLX
0.3% of the fund
+19%

Cut

Sold some of their stake.

Schwab Strategic TRSCHX
9.0% of the fund
-19%
MicrosoftMSFT
4.7% of the fund
-4%
Select Sector Spdr TRXLI
1.6% of the fund
-32%
Select Sector Spdr TRXLY
1.4% of the fund
-10%
Berkshire HathawayBRK-B
0.6% of the fund
-34%

Sold out

Sold their entire stake.

None this quarter.

Holdings

Schwab Strategic TRSCHX
Share
9.0%
Value
$11m
Shares
368,774
-19%
Schwab Strategic TRFNDX
Share
7.5%
Value
$9m
Shares
289,355
+60%
Vanguard Index FDSVTV
Share
6.7%
Value
$8m
Shares
37,088
Held
Schwab Strategic TRSCHD
Share
6.2%
Value
$7m
Shares
236,418
Held
Schwab Strategic TRSCHR
Share
6.0%
Value
$7m
Shares
293,454
Held
Blackrock ETF TrustDYNF
Share
5.1%
Value
$6m
Shares
89,292
Held
MicrosoftMSFT
Share
4.7%
Value
$6m
Shares
14,541
-4%
Blackrock ETF TrustBDYN
Share
4.0%
Value
$5m
Shares
172,608
Held
AppleAAPL
Share
2.9%
Value
$3m
Shares
11,833
Held
Vaneck ETF TrustSMH
Share
2.6%
Value
$3m
Shares
4,816
Held
Vanguard Scottsdale FDSVCIT
Share
2.6%
Value
$3m
Shares
38,105
Held
Spdr Series TrustSPIB
Share
2.5%
Value
$3m
Shares
90,938
Held
Vanguard BD Index FDSVUSB
Share
2.5%
Value
$3m
Shares
59,335
Held
Schwab Strategic TRSCHG
Share
2.2%
Value
$3m
Shares
77,094
Held
Lazard Active ETF TRIDEQ
Share
2.2%
Value
$3m
Shares
73,588
Held
American Centy ETF TRAVDE
Share
2.1%
Value
$3m
Shares
28,465
Held
IsharesEWY
Share
2.1%
Value
$2m
Shares
12,325
Held
Alps ETF TRIDOG
Share
2.0%
Value
$2m
Shares
59,572
Held
Fidelity Covington TrustFDEM
Share
1.9%
Value
$2m
Shares
64,361
Held
Schwab Strategic TRSCHE
Share
1.8%
Value
$2m
Shares
60,106
Held
Select Sector Spdr TRXLI
Share
1.6%
Value
$2m
Shares
10,132
-32%
IsharesIEMG
Share
1.5%
Value
$2m
Shares
22,320
Held
Ishares TRMBB
Share
1.5%
Value
$2m
Shares
19,344
Held
Select Sector Spdr TRXLY
Share
1.4%
Value
$2m
Shares
14,820
-10%
Wisdomtree TRDXJ
Share
1.3%
Value
$2m
Shares
8,667
Held
MerckMRK
Share
1.1%
Value
$1m
Shares
10,637
Held
Vanguard Charlotte FDSBNDX
Share
0.9%
Value
$1m
Shares
23,256
Held
Ishares TRIUSB
Share
0.8%
Value
$971,647
Shares
21,054
Held
Schwab Strategic TRSCHM
Share
0.8%
Value
$927,256
Shares
25,149
Held
Ishares TRIGIB
Share
0.8%
Value
$923,165
Shares
17,363
Held
Ishares TRIWF
Share
0.8%
Value
$918,858
Shares
7,400
Held
Schwab Strategic TRSCHF
Share
0.7%
Value
$858,755
Shares
31,002
Held
Novartis AGNVS
Share
0.7%
Value
$783,600
Shares
5,000
Held
ShellSHEL
Share
0.6%
Value
$775,400
Shares
10,000
Held
Berkshire Hathaway INC DELBRK-A
Share
0.6%
Value
$748,850
Shares
1
Held
Berkshire HathawayBRK-B
Share
0.6%
Value
$731,070
Shares
961
-34%
Schwab Strategic TRSCHZ
Share
0.6%
Value
$660,539
Shares
28,558
Held
AmgenAMGN
Share
0.5%
Value
$651,816
Shares
1,800
Held
Spdr Series TrustSPAB
Share
0.5%
Value
$591,644
Shares
23,184
Held
Vanguard Index FDSVUG
Share
0.5%
Value
$572,659
Shares
6,648
Held
Ishares TRIVV
Share
0.5%
Value
$561,668
Shares
750
Held
Schwab Strategic TRSCHV
Share
0.4%
Value
$527,794
Shares
15,162
Held
Ishares TREFV
Share
0.4%
Value
$468,103
Shares
6,115
Held
Blackrock ETF Trust IIBINC
Share
0.4%
Value
$459,682
Shares
8,783
Held
Ishares TRQUAL
Share
0.3%
Value
$409,676
Shares
1,867
Held
Cisco SystemsCSCO
Share
0.3%
Value
$387,635
Shares
3,300
Held
Toronto Dominion BankTD
Share
0.3%
Value
$370,362
Shares
3,050
Held
Bondbloxx ETF TrustXTEN
Share
0.3%
Value
$369,670
Shares
8,110
Held
Abbott LaboratoriesABT
Share
0.3%
Value
$364,586
Shares
4,018
Held
Vanguard Wellington FDVFMO
Share
0.3%
Value
$364,035
Shares
1,459
Held
AbbVieABBV
Share
0.3%
Value
$332,484
Shares
1,321
Held
IsharesEWJ
Share
0.3%
Value
$311,708
Shares
3,342
Held
NetflixNFLX
Share
0.3%
Value
$309,162
Shares
4,330
+19%
UnileverUL
Share
0.2%
Value
$269,518
Shares
4,483
Held
AlphabetGOOGL
Share
0.2%
Value
$221,569
Shares
620
New
Amazon.comAMZN
Share
0.2%
Value
$212,123
Shares
890
New
ChevronCVX
Share
0.2%
Value
$212,007
Shares
1,279
Held
Ishares TRIWM
Share
0.2%
Value
$210,315
Shares
700
New
DonaldsonDCI
Share
0.2%
Value
$206,291
Shares
2,298
New

Company	Share of fund	Value	Shares	Change
Schwab Strategic TRSCHX	9.0%	$11m	368,774	-19%
Schwab Strategic TRFNDX	7.5%	$9m	289,355	+60%
Vanguard Index FDSVTV	6.7%	$8m	37,088	Held
Schwab Strategic TRSCHD	6.2%	$7m	236,418	Held
Schwab Strategic TRSCHR	6.0%	$7m	293,454	Held
Blackrock ETF TrustDYNF	5.1%	$6m	89,292	Held
MicrosoftMSFT	4.7%	$6m	14,541	-4%
Blackrock ETF TrustBDYN	4.0%	$5m	172,608	Held
AppleAAPL	2.9%	$3m	11,833	Held
Vaneck ETF TrustSMH	2.6%	$3m	4,816	Held
Vanguard Scottsdale FDSVCIT	2.6%	$3m	38,105	Held
Spdr Series TrustSPIB	2.5%	$3m	90,938	Held
Vanguard BD Index FDSVUSB	2.5%	$3m	59,335	Held
Schwab Strategic TRSCHG	2.2%	$3m	77,094	Held
Lazard Active ETF TRIDEQ	2.2%	$3m	73,588	Held
American Centy ETF TRAVDE	2.1%	$3m	28,465	Held
IsharesEWY	2.1%	$2m	12,325	Held
Alps ETF TRIDOG	2.0%	$2m	59,572	Held
Fidelity Covington TrustFDEM	1.9%	$2m	64,361	Held
Schwab Strategic TRSCHE	1.8%	$2m	60,106	Held
Select Sector Spdr TRXLI	1.6%	$2m	10,132	-32%
IsharesIEMG	1.5%	$2m	22,320	Held
Ishares TRMBB	1.5%	$2m	19,344	Held
Select Sector Spdr TRXLY	1.4%	$2m	14,820	-10%
Wisdomtree TRDXJ	1.3%	$2m	8,667	Held
MerckMRK	1.1%	$1m	10,637	Held
Vanguard Charlotte FDSBNDX	0.9%	$1m	23,256	Held
Ishares TRIUSB	0.8%	$971,647	21,054	Held
Schwab Strategic TRSCHM	0.8%	$927,256	25,149	Held
Ishares TRIGIB	0.8%	$923,165	17,363	Held
Ishares TRIWF	0.8%	$918,858	7,400	Held
Schwab Strategic TRSCHF	0.7%	$858,755	31,002	Held
Novartis AGNVS	0.7%	$783,600	5,000	Held
ShellSHEL	0.6%	$775,400	10,000	Held
Berkshire Hathaway INC DELBRK-A	0.6%	$748,850	1	Held
Berkshire HathawayBRK-B	0.6%	$731,070	961	-34%
Schwab Strategic TRSCHZ	0.6%	$660,539	28,558	Held
AmgenAMGN	0.5%	$651,816	1,800	Held
Spdr Series TrustSPAB	0.5%	$591,644	23,184	Held
Vanguard Index FDSVUG	0.5%	$572,659	6,648	Held
Ishares TRIVV	0.5%	$561,668	750	Held
Schwab Strategic TRSCHV	0.4%	$527,794	15,162	Held
Ishares TREFV	0.4%	$468,103	6,115	Held
Blackrock ETF Trust IIBINC	0.4%	$459,682	8,783	Held
Ishares TRQUAL	0.3%	$409,676	1,867	Held
Cisco SystemsCSCO	0.3%	$387,635	3,300	Held
Toronto Dominion BankTD	0.3%	$370,362	3,050	Held
Bondbloxx ETF TrustXTEN	0.3%	$369,670	8,110	Held
Abbott LaboratoriesABT	0.3%	$364,586	4,018	Held
Vanguard Wellington FDVFMO	0.3%	$364,035	1,459	Held
AbbVieABBV	0.3%	$332,484	1,321	Held
IsharesEWJ	0.3%	$311,708	3,342	Held
NetflixNFLX	0.3%	$309,162	4,330	+19%
UnileverUL	0.2%	$269,518	4,483	Held
AlphabetGOOGL	0.2%	$221,569	620	New
Amazon.comAMZN	0.2%	$212,123	890	New
ChevronCVX	0.2%	$212,007	1,279	Held
Ishares TRIWM	0.2%	$210,315	700	New
DonaldsonDCI	0.2%	$206,291	2,298	New

Over time and by industry

Value over time

Dec '25

Jun '26

Value is up 21.7% since 30 September 2025.

Where the money is

Technology7.8%

Health care2.9%

Financial services0.9%

Media & telecom0.4%

Retail & consumer0.2%

Energy0.2%

Industrials0.2%

Other87.4%

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.