Q2 2026 13F · SEC CIK 2056410

Rahlfs Capital, LLC

Wealth managerFiled 2026-07-28 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $136.2M
Reported positions: 86
Holdings vs S&P 500, 3 yrs: —
Assets under management: $271.6M

Rahlfs Capital, LLC is a wealth manager that reported 86 positions worth $136.2M in its Q2 2026 13F, filed 2026-07-28. Its largest holdings were Apple Inc (AAPL, 7.9%), J P Morgan Exchange Traded Fd (JPST, 7.5%), Berkshire Hathaway Inc Del (BRK-B, 5.5%).

Rahlfs Capital, LLC holdings largest 50 of 86 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.

Rahlfs Capital, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
AAPLApple Inc	7.9%	6.9%	37,020	+0.3%	$10.7M
JPSTJ P Morgan Exchange Traded Fd	7.5%	9.4%	201,780	-19.9%	$10.2M
BRK-BBerkshire Hathaway Inc Del	5.5%	5.3%	14,992	+0.0%	$7.5M
GOOGLAlphabet Inc	5.3%	3.9%	20,115	+9.1%	$7.2M
WMTWalmart Inc	3.9%	4.3%	47,015	+0.0%	$5.3M
MSFTMicrosoft Corp	3.8%	3.8%	13,765	-1.4%	$5.1M
INTCIntel Corp	3.8%	1.2%	36,759	+0.0%	$5.1M
XOMExxon Mobil Corp	3.6%	4.5%	36,126	+0.0%	$4.9M
TXNTexas Instruments Inc	2.5%	1.7%	11,563	-3.3%	$3.4M
GDXVaneck Gold Miners ETF	2.5%	3.0%	44,255	+0.0%	$3.3M
SOSouthern Co.	2.0%	2.0%	27,895	+0.0%	$2.7M
JEPIJpmorgan Equity Premium Income ETF	1.8%	1.9%	44,092	-4.6%	$2.5M
AMZNAmazon Com Inc Com	1.7%	1.5%	9,955	+4.1%	$2.4M
MCDMcdonalds Corp Com	1.7%	2.1%	8,610	-6.0%	$2.3M
NVDANvidia Corporation Com	1.7%	1.4%	11,270	+0.0%	$2.3M
OEFIshares S&p 100 ETF	1.6%	1.4%	6,100	+0.0%	$2.2M
NEMNewmont Corp	1.6%	1.9%	23,585	+0.0%	$2.2M
JNJJohnson & Johnson	1.6%	1.5%	8,600	+0.0%	$2.2M
VZVerizon Communications Inc Com	1.6%	1.9%	50,896	+0.0%	$2.2M
METAMeta Platforms Inc Class A	1.5%	—	3,521	—	$2.0M
EBAYEbay Inc.	1.4%	1.0%	17,545	+12.4%	$2.0M
TKOTko Group Holdings Inc	1.4%	1.4%	9,595	-1.5%	$1.9M
APAApa Corporation	1.4%	1.8%	58,700	+0.0%	$1.9M
DUKDuke Energy	1.4%	1.4%	14,986	+0.0%	$1.9M
EOGEog Res Inc	1.3%	1.3%	13,155	+7.1%	$1.7M
ADMArcher Daniels Midland Co	1.2%	1.1%	20,810	+0.0%	$1.6M
ABBVAbbvie Inc	1.1%	1.0%	5,899	-7.8%	$1.5M
PEPPepsico Inc	1.1%	1.2%	10,665	+0.0%	$1.4M
PMPhilip Morris Intl Inc Com	1.0%	1.0%	7,829	+0.0%	$1.4M
BSMBlack Stone Minerals L P	1.0%	1.1%	100,062	+0.0%	$1.4M
EWJIshares Inc	1.0%	0.9%	14,760	+0.0%	$1.4M
CVXChevron Corp New	1.0%	1.2%	8,069	+0.0%	$1.3M
EWSIshares Inc	1.0%	0.9%	45,095	+0.0%	$1.3M
ILFIshares Tr	0.9%	1.0%	38,250	+0.0%	$1.3M
ORCLOracle Corp	0.9%	0.9%	8,245	+0.0%	$1.2M
BMYBristol-Myers Squibb Co Com	0.8%	0.9%	19,851	+0.0%	$1.1M
ETPCEnergy Transfer L P	0.8%	0.8%	58,225	+0.0%	$1.1M
TGTTarget Corp Com	0.7%	0.7%	7,697	+0.0%	$1.0M
SLVIshares Silver Tr	0.7%	0.8%	17,075	+4.6%	$913K
PFEPfizer Inc	0.7%	0.8%	37,686	+0.0%	$907K
EWZIshares Inc	0.7%	—	26,250	—	$906K
SBRSabine Rty Tr	0.6%	0.7%	11,985	+0.0%	$877K
MOAltria Group Inc	0.6%	0.6%	11,597	+0.0%	$834K
GPCGenuine Parts Co Com	0.6%	0.5%	6,977	+0.0%	$823K
DDominion Energy Inc	0.6%	0.5%	12,050	+0.0%	$823K
KOCoca Cola Co	0.6%	0.5%	9,451	+0.0%	$768K
CRKComstock Res Inc	0.5%	0.8%	48,850	-1.0%	$729K
GSGoldman Sachs Group Inc	0.5%	—	700	—	$708K
UBERUber Technologies Inc	0.5%	0.5%	9,799	+0.0%	$707K
FWONKLiberty Media Corp Del	0.5%	—	7,300	—	$695K

What Rahlfs Capital, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

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

Added to

EBAY Ebay Inc.+12.4% shares
GOOGL Alphabet Inc+9.1% shares
EOG Eog Res Inc+7.1% shares

Reduced

JPST J P Morgan Exchange Traded Fd-19.9% shares
ABBV Abbvie Inc-7.8% shares
MCD Mcdonalds Corp Com-6.0% shares

Left the top 50

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: +17.0% /yr; S&P 500 +20.1%
3 years: —
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	$136.2M	86
Q1 2026	$136.1M	86
Q4 2025	$128.8M	84
Q3 2025	$126.4M	88
Q2 2025	$109.2M	89
Q1 2025	$99.9M	76
Q4 2024	$100.9M	78

Questions about Rahlfs Capital, LLC's portfolio

What stocks does Rahlfs Capital, LLC own?

Rahlfs Capital, LLC's latest 13F, for Q2 2026 and filed Jul 28, 2026, lists 86 positions worth $136.2M. The largest are Apple Inc (AAPL) at 7.9%, J P Morgan Exchange Traded Fd (JPST) at 7.5%, Berkshire Hathaway Inc Del (BRK-B) at 5.5%, Alphabet Inc (GOOGL) at 5.3% and Walmart Inc (WMT) at 3.9%.

What did Rahlfs Capital, LLC buy last quarter?

In Q2 2026, Rahlfs Capital, LLC added Ebay Inc. (EBAY) (+12.4% shares), Alphabet Inc (GOOGL) (+9.1% shares) and Eog Res Inc (EOG) (+7.1% shares), compared with its Q1 2026 filing.

What did Rahlfs Capital, LLC sell last quarter?

In Q2 2026, Rahlfs Capital, LLC cut from its top 50 Janus Detroit Str Tr (VNLA), cut from its top 50 Tesla Inc Com (TSLA), cut from its top 50 Advanced Micro Devices Inc (AMD), cut from its top 50 Abbott Laboratories (ABT), J P Morgan Exchange Traded Fd (JPST) (-19.9% shares), Abbvie Inc (ABBV) (-7.8% shares) and Mcdonalds Corp Com (MCD) (-6.0% shares), compared with its Q1 2026 filing.

When is Rahlfs Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Rahlfs Capital, LLC'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 Rahlfs Capital, LLC manage?

Rahlfs Capital, LLC reported $271.6M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $136.2M.