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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 3 of 8  ·  160 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 BBVA BANCO BILBAO VIZCAYA ARGENTA Financial Services 317,500.0 $6.9M 0.88% $21.66 +13.0%
42 UNILEVER PLC 119,696.0 $6.8M 0.87% $56.97
43 META META PLATFORMS INC Communication Services 11,522.0 $6.6M 0.84% -666.0 -5.5% $572.13 +0.9%
44 VB VANGUARD INDEX FDS 21,325.0 $5.6M 0.71% +150.0 +0.7% $261.92 +13.2%
45 VUG VANGUARD INDEX FDS 12,778.0 $5.6M 0.71% -313.0 -2.4% $436.79 -80.1%
46 NAD NUVEEN QUALITY MUNCP INCOME Financial Services 482,720.0 $5.6M 0.71% $11.50 +4.1%
47 PG PROCTER & GAMBLE CO Consumer Defensive 33,174.0 $4.8M 0.61% +552.0 +1.7% $144.44 +4.1%
48 VEU VANGUARD INTL EQUITY INDEX F 63,562.0 $4.8M 0.61% -11K -15.2% $75.10 +13.1%
49 UDN INVESCO DB US DLR INDEX TR Financial Services 242,200.0 $4.4M 0.56% +82K +51.4% $18.00 -0.4%
50 XLE SELECT SECTOR SPDR TR 65,905.0 $4.0M 0.52% $61.26 -12.2%
51 VTV VANGUARD INDEX FDS 20,405.0 $4.0M 0.51% $196.20 +10.3%
52 VSS VANGUARD INTL EQUITY INDEX F 25,758.0 $3.8M 0.48% -2K -8.2% $145.79 +8.1%
53 DIA STATE STR SPDR DOW JONES IND Financial Services 8,094.0 $3.7M 0.48% -154.0 -1.9% $463.19 +11.3%
54 SLV ISHARES SILVER TR Financial Services 53,056.0 $3.6M 0.46% -17K -24.4% $68.14 -12.7%
55 STWD STARWOOD PPTY TR INC Real Estate 188,395.0 $3.2M 0.41% -18K -8.9% $17.22 -3.0%
56 MUB ISHARES TR 30,000.0 $3.2M 0.41% +1K +3.5% $106.15 +1.1%
57 GLD SPDR GOLD TR Financial Services 6,385.0 $2.7M 0.35% +403.0 +6.7% $430.29 -10.0%
58 C CITIGROUP INC Financial Services 22,845.0 $2.6M 0.33% $113.41 +26.1%
59 JEPI J P MORGAN EXCHANGE TRADED F 45,680.0 $2.6M 0.33% -1K -2.5% $56.68 -1.0%
60 WM WASTE MGMT INC DEL Industrials 10,250.0 $2.4M 0.30% -450.0 -4.2% $229.79 -6.6%
Page 3 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%