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Portfolio (Quarterly) Guide ↗

TECTONIC ADVISORS LLC

· CIK 0001859918
13F Portfolio $2.1B AUM 356 positions Filed Jul 15, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 39 New 153 Added 79 Reduced 17 Exited
Page 2 of 15  ·  289 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 NNN NNN REIT INC Real Estate 379,607.0 $17.7M 0.85% +21K +5.9% $46.53 -0.9%
22 IBM INTERNATIONAL BUSINESS MACHS Technology 62,345.0 $17.5M 0.84% +4K +6.9% $281.21 -16.7%
23 CWEN CLEARWAY ENERGY INC Utilities 502,698.0 $17.2M 0.83% NEW $34.18 -4.9%
24 IEFA ISHARES TR 174,341.0 $16.8M 0.81% +10K +6.1% $96.58 +5.0%
25 VWO VANGUARD INTL EQUITY INDEX F 281,539.0 $16.8M 0.81% +10K +3.7% $59.69 +1.6%
26 USRT ISHARES TR 252,344.0 $16.8M 0.81% +8K +3.5% $66.45 +1.7%
27 MO ALTRIA GROUP INC Consumer Defensive 232,965.0 $16.8M 0.81% +8K +3.7% $71.95 -5.4%
28 IAGG ISHARES TR 327,808.0 $16.6M 0.80% -12K -3.4% $50.60 -1.2%
29 MRK MERCK & CO INC Healthcare 126,684.0 $16.3M 0.78% $128.50 +21.7%
30 BWX SPDR SERIES TRUST 744,825.0 $16.1M 0.78% $21.68 +1.7%
31 HTGC HERCULES CAPITAL INC Financial Services 1,006,408.0 $15.9M 0.76% +113K +12.7% $15.77 +11.5%
32 ABBV ABBVIE INC Healthcare 62,682.0 $15.8M 0.76% +5K +8.5% $251.64 +5.6%
33 MPLX MPLX LP Energy 278,156.0 $15.7M 0.75% +16K +5.9% $56.33 +3.6%
34 ARCC ARES CAPITAL CORP Financial Services 844,971.0 $15.7M 0.75% +97K +13.0% $18.53 +7.6%
35 VZ VERIZON COMMUNICATIONS INC Communication Services 367,424.0 $15.6M 0.75% +22K +6.3% $42.34 +18.7%
36 EPD ENTERPRISE PRODS PARTNERS L 420,613.0 $15.5M 0.74% +15K +3.8% $36.76
37 ET ENERGY TRANSFER L P Energy 793,525.0 $15.2M 0.73% +37K +4.8% $19.12 +9.9%
38 MLPA GLOBAL X FDS 277,970.0 $14.8M 0.71% +8K +2.9% $53.08 +6.0%
39 AMLP ALPS ETF TR 280,210.0 $14.5M 0.70% +8K +2.8% $51.85 +5.3%
40 TSLX SIXTH STREET SPECIALTY LENDI Financial Services 845,203.0 $14.5M 0.70% +117K +16.1% $17.17 +10.5%
Page 2 of 15  ·  289 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
Technology 14.5%
Industrials 13.7%
Financial Services 12.4%
Energy 11.1%
Real Estate 10.4%
Healthcare 9.7%
Consumer Cyclical 8.7%
Consumer Defensive 7.3%
Utilities 6.0%
Communication Services 4.6%