Q2 2026 13F · SEC CIK 1730942

Waterloo Capital, L.P.

Wealth managerFiled 2026-07-29 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.8B
Reported positions: 555
Top holdings a year, 3 yrs: +15.8%
Assets under management: $2.3B

Waterloo Capital, L.P. is a wealth manager that reported 555 positions worth $1.8B in its Q2 2026 13F, filed 2026-07-29. Its largest holdings were Spdr Series Trust (SPLG, 4.2%), Walmart Inc (WMT, 3.4%), Spdr Series Trust (SPYG, 3.0%). A portfolio copying its top holdings returned 15.8% a year over the last 3 years, against 20.4% for the S&P 500.

Waterloo Capital, L.P. holdings largest 50 of 555 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Waterloo Capital, L.P. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
SPLGSpdr Series Trust	4.2%	1.0%	851,658	+368.4%	$74.8M
WMTWalmart Inc	3.4%	4.4%	530,264	+4.5%	$60.1M
SPYGSpdr Series Trust	3.0%	2.4%	454,743	+29.6%	$54.1M
AVLVAmerican Centy Tr ETF Avantis U S Large	2.6%	—	502,911	—	$45.9M
AAPLApple Inc	2.3%	2.2%	143,351	+16.2%	$41.5M
QQQMInvesco Nasdaq 100 ETF	2.2%	1.8%	129,254	+16.8%	$39.2M
NVDANvidia Corporation Com	2.1%	2.1%	184,461	+9.6%	$36.9M
FENIFidelity Enhanced International ETF	2.1%	2.3%	909,512	+3.5%	$36.5M
ACIOAptus Collared Investment Opp ETF	1.9%	2.2%	742,913	-2.5%	$34.3M
EMXCIshares Inc	1.7%	1.6%	297,542	+2.9%	$30.4M
RSPInvesco S&p 500 Equal Weight ETF	1.7%	2.0%	141,666	-6.8%	$30.1M
IDUBETF Ser Solutions	1.5%	1.7%	952,040	-2.2%	$26.2M
JCPBJ P Morgan Exchange Traded F	1.4%	1.5%	540,035	+20.0%	$25.3M
GBILGoldman Sachs Access Treasury 0 1	1.3%	1.6%	234,945	+1.3%	$23.5M
DRSKETF Ser Solutions	1.2%	1.4%	744,188	+3.6%	$21.4M
VEAVanguard Tax-Managed Fds	1.2%	1.3%	298,504	+0.1%	$21.3M
AVGOBroadcom Inc	1.2%	1.0%	54,944	+19.1%	$20.8M
VOOVanguard S&p 500 ETF	1.1%	1.4%	28,818	-11.0%	$19.8M
IVVIshares Core S&p 500 ETF	1.1%	3.7%	26,103	-67.5%	$19.5M
OSCVETF Ser Solutions	1.1%	1.3%	457,187	-1.4%	$19.3M
CGSDCapital Grp Fixed Incm ETF T	1.0%	—	710,000	—	$18.3M
MSFTMicrosoft Corp	1.0%	1.1%	46,783	+9.7%	$17.5M
IEFiShs 7-10 ys Tsy	1.0%	0.6%	179,061	+111.3%	$16.9M
AMZNAmazon Com Inc Com	0.9%	0.9%	67,348	+12.2%	$16.1M
SMHVaneck Semiconductor ETF	0.9%	0.9%	23,851	-27.3%	$15.6M
GOOGAlphabet Inc	0.8%	0.7%	42,499	+24.6%	$15.0M
SPYSpdr S&p 500 ETF Tr	0.8%	0.7%	19,615	+23.9%	$14.6M
MUBIshares National Muni Bond ETF	0.8%	1.0%	133,204	-3.4%	$14.3M
BEMOETF Ser Solutions	0.8%	0.9%	250,954	-3.0%	$14.0M
QQQInvesco Qqq Tr	0.7%	—	17,933	—	$13.2M
ASMLAsml Hldg NV	0.7%	—	6,498	—	$12.9M
SLQDIshares 0-5 Year Investmt	0.7%	0.9%	256,252	+5.9%	$12.9M
DUBSETF Ser Solutions	0.7%	0.5%	307,808	+42.2%	$12.8M
GOOGLAlphabet Inc	0.7%	0.7%	35,088	+3.6%	$12.5M
AMDAdvanced Micro Devices Inc	0.7%	—	20,700	—	$12.0M
UPSDETF Ser Solutions	0.7%	0.7%	421,963	+4.2%	$11.9M
STXSeagate Technology Hldngs Pl	0.7%	—	12,142	—	$11.7M
SHYGIshares Tr	0.6%	0.7%	253,825	+5.0%	$10.8M
VWOVanguard Intl Equity Index F	0.6%	0.7%	178,293	+3.5%	$10.6M
AGGIshares Tr	0.6%	0.6%	107,044	+20.4%	$10.6M
IAUIshares Gold Trust	0.6%	0.7%	139,369	+27.8%	$10.5M
CTASimplify Managed Futures Strategy ETF	0.6%	—	387,215	—	$10.0M
IEFAIshares Core Msci Eafe ETF	0.5%	0.7%	97,062	-7.1%	$9.4M
EWJIshares Inc	0.5%	0.5%	99,472	+9.2%	$9.3M
IWDIshares Russell 1000 Value ETF	0.5%	0.7%	37,287	-17.0%	$9.0M
SJNKSpdr Series Trust	0.5%	0.6%	354,627	+4.2%	$8.9M
CGCPCapital Grp Fixed Incm ETF T	0.5%	—	384,700	—	$8.6M
SPLVInvesco Exch Traded Fd Tr II	0.5%	0.8%	113,513	-22.5%	$8.5M
GLBEGlobal E Online Ltd	0.5%	—	243,565	—	$8.5M
SPTIState Street ETF/USA	0.5%	0.8%	296,877	-22.9%	$8.4M

What Waterloo Capital, L.P. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.5% /yr; S&P 500 +20.1%
3 years: +15.8% /yr; S&P 500 +20.4%
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$1.8B	555
Q1 2026	$1.4B	479
Q4 2025	$1.4B	455
Q3 2025	$1.3B	455
Q2 2025	$1.2B	456
Q1 2025	$1.1B	390
Q4 2024	$948.9M	363
Q3 2024	$916.3M	354
Q2 2024	$833.3M	347
Q1 2024	$782.8M	361
Q4 2023	$617.8M	371
Q3 2023	$340.8M	181

Questions about Waterloo Capital, L.P.'s portfolio

What stocks does Waterloo Capital, L.P. own?

Waterloo Capital, L.P.'s latest 13F, for Q2 2026 and filed Jul 29, 2026, lists 555 positions worth $1.8B. The largest are Spdr Series Trust (SPLG) at 4.2%, Walmart Inc (WMT) at 3.4%, Spdr Series Trust (SPYG) at 3.0%, American Centy Tr ETF Avantis U S Large (AVLV) at 2.6% and Apple Inc (AAPL) at 2.3%.

What did Waterloo Capital, L.P. buy last quarter?

In Q2 2026, Waterloo Capital, L.P. added Spdr Series Trust (SPLG) (+368.4% shares), iShs 7-10 ys Tsy (IEF) (+111.3% shares) and ETF Ser Solutions (DUBS) (+42.2% shares), compared with its Q1 2026 filing.

What did Waterloo Capital, L.P. sell last quarter?

In Q2 2026, Waterloo Capital, L.P. cut from its top 50 Dimensional ETF Trust (DFLV), cut from its top 50 Vanguard Bd Index Fds Vanguard Short Ter (BSV), cut from its top 50 Jpmorgan Income ETF (JPIE), cut from its top 50 SPDR Brcy1-3 Ser (BIL), cut from its top 50 Select Sector Spdr Tr (XLI), Ishares Core S&p 500 ETF (IVV) (-67.5% shares), Vaneck Semiconductor ETF (SMH) (-27.3% shares) and State Street ETF/USA (SPTI) (-22.9% shares), compared with its Q1 2026 filing.

How has Waterloo Capital, L.P.'s portfolio performed?

A portfolio copying Waterloo Capital, L.P.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +15.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.5% against +20.1%.

When is Waterloo Capital, L.P.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Waterloo Capital, L.P.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Waterloo Capital, L.P. manage?

Waterloo Capital, L.P. reported $2.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.8B.