Rahlfs Capital
LAKE KIOWA, TXfiles as RAHLFS CAPITAL, LLC
$136m in 86 US stocks at the end of 30 June 2026. The top 10 are 46.2% of the money. It changed about 11.3% of the portfolio this quarter.
Value
$136m
Stocks
86
Top 10 share
46.2%
Turnover
11.3%
What changed this quarter
New
Bought for the first time this quarter.
- Meta PlatformsMETA1.5% of the fund
- IsharesEWZ0.7% of the fund
- SnowflakeSNOW0.2% of the fund
- SynopsysSNPS0.2% of the fund
- Ishares TRDGRO0.2% of the fund
Added
Bought more of a stock they already held.
- AlphabetGOOGL5.3% of the fund+9%
- Amazon.comAMZN1.7% of the fund+4%
- eBayEBAY1.4% of the fund+12%
- EOG ResourcesEOG1.3% of the fund+7%
- Ishares Silver TRSLV0.7% of the fund+5%
Cut
Sold some of their stake.
- J P Morgan Exchange Traded FJPST7.5% of the fund-20%
- Texas InstrumentsTXN2.5% of the fund-3%
- J P Morgan Exchange Traded FJEPI1.8% of the fund-5%
- McDonald'sMCD1.7% of the fund-6%
- AbbVieABBV1.1% of the fund-8%
- Liberty MediaFWONK0.5% of the fund-10%
- Abbott LaboratoriesABT0.5% of the fund-14%
- Fidelity Wise Origin BitcoinFBTC0.4% of the fund-7%
- Janus Detroit STR TRVNLA0.2% of the fund-91%
Sold out
Sold their entire stake.
- TeslaTSLA-100%
- Advanced Micro DevicesAMD-100%
- AT&TT-100%
- Lockheed MartinLMT-100%
- SAN Juan Basin Royalty TrustSJT-100%
Holdings
- J P Morgan Exchange Traded FJPST
- Share
- 7.5%
- Value
- $10m
- Shares
- 201,780
-20%
- Vaneck ETF TrustGDX
- Share
- 2.5%
- Value
- $3m
- Shares
- 44,255
Held
- J P Morgan Exchange Traded FJEPI
- Share
- 1.8%
- Value
- $2m
- Shares
- 44,092
-5%
- Ishares TROEF
- Share
- 1.6%
- Value
- $2m
- Shares
- 6,100
Held
- Black Stone Minerals L PBSM
- Share
- 1.0%
- Value
- $1m
- Shares
- 100,062
Held
- IsharesEWJ
- Share
- 1.0%
- Value
- $1m
- Shares
- 14,760
Held
- IsharesEWS
- Share
- 1.0%
- Value
- $1m
- Shares
- 45,095
Held
- Ishares TRILF
- Share
- 0.9%
- Value
- $1m
- Shares
- 38,250
Held
- Energy Transfer L PET
- Share
- 0.8%
- Value
- $1m
- Shares
- 58,225
Held
- Ishares Silver TRSLV
- Share
- 0.7%
- Value
- $913,000
- Shares
- 17,075
+5%
- IsharesEWZ
- Share
- 0.7%
- Value
- $905,625
- Shares
- 26,250
New
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.5%
- Value
- $634,755
- Shares
- 850
Held
- IsharesEWT
- Share
- 0.4%
- Value
- $551,196
- Shares
- 5,075
Held
- Fidelity Wise Origin BitcoinFBTC
- Share
- 0.4%
- Value
- $487,528
- Shares
- 9,550
-7%
- First TR Exchange-Traded FDFTSM
- Share
- 0.3%
- Value
- $468,881
- Shares
- 7,850
Held
- Mexico FundMXF
- Share
- 0.3%
- Value
- $456,536
- Shares
- 20,875
Held
- ShellSHEL
- Share
- 0.3%
- Value
- $370,409
- Shares
- 4,777
Held
- Taiwan FundTWN
- Share
- 0.2%
- Value
- $336,595
- Shares
- 3,500
Held
- Franco NevadaFNV
- Share
- 0.2%
- Value
- $323,082
- Shares
- 1,550
Held
- Ishares TRIWS
- Share
- 0.2%
- Value
- $304,510
- Shares
- 1,850
Held
- IsharesEWH
- Share
- 0.2%
- Value
- $299,156
- Shares
- 14,300
Held
- Stellar Bancorp
- Share
- 0.2%
- Value
- $298,085
- Shares
- 7,581
Held
- Ishares TRFXI
- Share
- 0.2%
- Value
- $254,457
- Shares
- 8,055
Held
- Janus Detroit STR TRVNLA
- Share
- 0.2%
- Value
- $244,325
- Shares
- 5,000
-91%
- Ishares TRDGRO
- Share
- 0.2%
- Value
- $204,633
- Shares
- 2,700
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| AppleAAPL | 7.9% | $11m | 37,020 | Held |
| J P Morgan Exchange Traded FJPST | 7.5% | $10m | 201,780 | -20% |
| Berkshire HathawayBRK-B | 5.5% | $8m | 14,992 | Held |
| AlphabetGOOGL | 5.3% | $7m | 20,115 | +9% |
| WalmartWMT | 3.9% | $5m | 47,015 | Held |
| MicrosoftMSFT | 3.8% | $5m | 13,765 | Held |
| IntelINTC | 3.8% | $5m | 36,759 | Held |
| ExxonMobil HoldingsXOM | 3.6% | $5m | 36,126 | Held |
| Texas InstrumentsTXN | 2.5% | $3m | 11,563 | -3% |
| Vaneck ETF TrustGDX | 2.5% | $3m | 44,255 | Held |
| Southern CompanySO | 2.0% | $3m | 27,895 | Held |
| J P Morgan Exchange Traded FJEPI | 1.8% | $2m | 44,092 | -5% |
| Amazon.comAMZN | 1.7% | $2m | 9,955 | +4% |
| McDonald'sMCD | 1.7% | $2m | 8,610 | -6% |
| NvidiaNVDA | 1.7% | $2m | 11,270 | Held |
| Ishares TROEF | 1.6% | $2m | 6,100 | Held |
| NewmontNEM | 1.6% | $2m | 23,585 | Held |
| Johnson & JohnsonJNJ | 1.6% | $2m | 8,600 | Held |
| Verizon CommunicationsVZ | 1.6% | $2m | 50,896 | Held |
| Meta PlatformsMETA | 1.5% | $2m | 3,521 | New |
| eBayEBAY | 1.4% | $2m | 17,545 | +12% |
| TKO Group HoldingsTKO | 1.4% | $2m | 9,595 | Held |
| APAAPA | 1.4% | $2m | 58,700 | Held |
| Duke EnergyDUK | 1.4% | $2m | 14,986 | Held |
| EOG ResourcesEOG | 1.3% | $2m | 13,155 | +7% |
| Archer-Daniels-MidlandADM | 1.2% | $2m | 20,810 | Held |
| AbbVieABBV | 1.1% | $1m | 5,899 | -8% |
| PepsiCoPEP | 1.1% | $1m | 10,665 | Held |
| Philip Morris InternationalPM | 1.0% | $1m | 7,829 | Held |
| Black Stone Minerals L PBSM | 1.0% | $1m | 100,062 | Held |
| IsharesEWJ | 1.0% | $1m | 14,760 | Held |
| ChevronCVX | 1.0% | $1m | 8,069 | Held |
| IsharesEWS | 1.0% | $1m | 45,095 | Held |
| Ishares TRILF | 0.9% | $1m | 38,250 | Held |
| OracleORCL | 0.9% | $1m | 8,245 | Held |
| Bristol-Myers SquibbBMY | 0.8% | $1m | 19,851 | Held |
| Energy Transfer L PET | 0.8% | $1m | 58,225 | Held |
| TargetTGT | 0.7% | $1m | 7,697 | Held |
| Ishares Silver TRSLV | 0.7% | $913,000 | 17,075 | +5% |
| PfizerPFE | 0.7% | $907,474 | 37,686 | Held |
| IsharesEWZ | 0.7% | $905,625 | 26,250 | New |
| Sabine Royalty TrustSBR | 0.6% | $877,302 | 11,985 | Held |
| Altria GroupMO | 0.6% | $834,404 | 11,597 | Held |
| Genuine PartsGPC | 0.6% | $823,146 | 6,977 | Held |
| Dominion EnergyD | 0.6% | $822,895 | 12,050 | Held |
| Coca-ColaKO | 0.6% | $768,083 | 9,451 | Held |
| Comstock ResourcesCRK | 0.5% | $728,842 | 48,850 | Held |
| Goldman Sachs GroupGS | 0.5% | $707,959 | 700 | Held |
| Uber TechnologiesUBER | 0.5% | $707,096 | 9,799 | Held |
| Liberty MediaFWONK | 0.5% | $694,522 | 7,300 | -10% |
| MerckMRK | 0.5% | $684,263 | 5,325 | Held |
| Abbott LaboratoriesABT | 0.5% | $650,152 | 7,165 | -14% |
| State STR Spdr S&P 500 ETF TSPY | 0.5% | $634,755 | 850 | Held |
| CVS HealthCVS | 0.5% | $613,459 | 5,930 | Held |
| CoupangCPNG | 0.4% | $599,699 | 34,525 | Held |
| Williams CompaniesWMB | 0.4% | $577,994 | 7,775 | Held |
| IsharesEWT | 0.4% | $551,196 | 5,075 | Held |
| Costco WholesaleCOST | 0.4% | $505,154 | 540 | Held |
| Cisco SystemsCSCO | 0.4% | $493,332 | 4,200 | Held |
| Fidelity Wise Origin BitcoinFBTC | 0.4% | $487,528 | 9,550 | -7% |
| Devon EnergyDVN | 0.3% | $472,081 | 11,425 | Held |
| First TR Exchange-Traded FDFTSM | 0.3% | $468,881 | 7,850 | Held |
| Mexico FundMXF | 0.3% | $456,536 | 20,875 | Held |
| AdobeADBE | 0.3% | $436,078 | 2,127 | Held |
| Procter & GamblePG | 0.3% | $403,993 | 2,755 | Held |
| BlockXYZ | 0.3% | $399,608 | 5,258 | Held |
| Walt DisneyDIS | 0.3% | $375,375 | 3,900 | Held |
| ShellSHEL | 0.3% | $370,409 | 4,777 | Held |
| PayPal HoldingsPYPL | 0.3% | $369,664 | 8,561 | Held |
| Taiwan FundTWN | 0.2% | $336,595 | 3,500 | Held |
| Franco NevadaFNV | 0.2% | $323,082 | 1,550 | Held |
| Bank of AmericaBAC | 0.2% | $310,541 | 5,450 | Held |
| Ishares TRIWS | 0.2% | $304,510 | 1,850 | Held |
| AmgenAMGN | 0.2% | $304,181 | 840 | Held |
| IsharesEWH | 0.2% | $299,156 | 14,300 | Held |
| SnowflakeSNOW | 0.2% | $298,274 | 1,172 | New |
| Stellar Bancorp | 0.2% | $298,085 | 7,581 | Held |
| SynopsysSNPS | 0.2% | $274,333 | 615 | New |
| Kimberly-ClarkKMB | 0.2% | $257,960 | 2,350 | Held |
| Ishares TRFXI | 0.2% | $254,457 | 8,055 | Held |
| Janus Detroit STR TRVNLA | 0.2% | $244,325 | 5,000 | -91% |
| Dollar GeneralDG | 0.2% | $230,796 | 2,005 | Held |
| AflacAFL | 0.2% | $222,423 | 1,897 | Held |
| Freeport-McMoRanFCX | 0.2% | $217,599 | 3,460 | Held |
| StrategyMSTR | 0.2% | $216,021 | 2,485 | Held |
| Ishares TRDGRO | 0.2% | $204,633 | 2,700 | New |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 24.7% since 30 June 2025.
Where the money is
Technology21.6%
Media & telecom10.5%
Everyday goods10.1%
Energy8.6%
Financial services7.8%
Retail & consumer5.9%
Health care5.9%
Utilities4.0%
Materials2.0%
Industrials0.5%
Other23.1%
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.