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Portfolio (Quarterly) Guide ↗

GFS Advisors, LLC

· CIK 0001427263
13F Portfolio $785M AUM 160 positions Filed May 11, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 8 New 25 Added 82 Reduced 21 Exited
Page 2 of 8  ·  160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 CVX CHEVRON CORPORATION Energy 57,167.0 $11.8M 1.51% -6K -9.6% $206.90 -16.1%
22 VGK VANGUARD INTL EQUITY INDEX F 141,100.0 $11.6M 1.48% -13K -8.3% $82.43 +7.1%
23 JNJ JOHNSON & JOHNSON Healthcare 46,182.0 $11.3M 1.44% -4K -7.2% $244.44 -6.6%
24 NVDA NVIDIA CORPORATION Technology 60,627.0 $10.6M 1.35% -16K -20.6% $174.40 +20.8%
25 GOOG ALPHABET INC Communication Services 35,225.0 $10.1M 1.29% $286.86 +28.1%
26 PEP PEPSICO INC Consumer Defensive 64,652.0 $10.0M 1.28% -4K -5.8% $155.29 -8.5%
27 AAXJ ISHARES TR 101,080.0 $9.7M 1.24% -8K -7.4% $96.29 +28.1%
28 FEZ SPDR INDEX SHS FDS 156,277.0 $9.7M 1.24% -945.0 -0.6% $62.08 +12.9%
29 MRK MERCK & CO INC Healthcare 79,014.0 $9.5M 1.21% -448.0 -0.6% $120.29 -5.3%
30 MDY STATE STR SPDR S&P MIDCAP 40 Financial Services 15,276.0 $9.4M 1.20% -352.0 -2.2% $616.76 +12.0%
31 VO VANGUARD INDEX FDS 32,775.0 $9.4M 1.20% -170.0 -0.5% $287.18 -72.1%
32 INTC INTEL CORP Technology 194,285.0 $8.6M 1.09% $44.13 +203.6%
33 PFE PFIZER INC Healthcare 299,716.0 $8.4M 1.07% -96K -24.2% $28.08 -10.2%
34 NU NU HLDGS LTD Financial Services 575,340.0 $8.3M 1.05% $14.37 -11.6%
35 IAU ISHARES GOLD TR Financial Services 89,805.0 $7.9M 1.01% -15K -14.2% $88.16 -10.0%
36 XOM EXXON MOBIL CORP Energy 45,954.0 $7.8M 0.99% $169.66 -18.8%
37 BXMT BLACKSTONE MORTGAGE TRUST IN Real Estate 403,990.0 $7.7M 0.99% -9K -2.3% $19.15 -5.5%
38 VXUS VANGUARD STAR FDS 98,131.0 $7.6M 0.96% -10K -9.1% $77.11 +12.5%
39 NKE NIKE INC Consumer Cyclical 137,138.0 $7.2M 0.92% -2K -1.6% $52.82 -14.4%
40 JPM JPMORGAN CHASE & CO Financial Services 24,129.0 $7.1M 0.91% $294.16 +10.6%
Page 2 of 8  ·  160 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 20.4%
Communication Services 19.2%
Consumer Cyclical 13.1%
Technology 12.4%
Healthcare 9.7%
Industrials 7.2%
Consumer Defensive 6.1%
Energy 5.0%
Basic Materials 4.5%
Real Estate 2.4%