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%), State Street Spdr Portfolio S&p 500 Grow (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
SPYGState Street Spdr Portfolio S&p 500 Grow	3.0%	2.4%	454,743	+29.6%	$54.1M
AVLVAmerican Centy ETF Tr	2.6%	—	502,911	—	$45.9M
AAPLApple Inc	2.3%	2.2%	143,351	+16.2%	$41.5M
QQQMInvesco Exch Traded Fd Tr II	2.2%	1.8%	129,254	+16.8%	$39.2M
NVDANvidia Corporation	2.1%	2.1%	184,461	+9.6%	$36.9M
FENIFidelity Covington Trust	2.1%	2.3%	909,512	+3.5%	$36.5M
ACIOETF Ser Solutions	1.9%	2.2%	742,913	-2.5%	$34.3M
EMXCIshares Inc	1.7%	1.6%	297,542	+2.9%	$30.4M
RSPInvesco Exchange Traded Fd T	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 ETF Tr	1.3%	1.6%	234,945	+1.3%	$23.5M
DRSKETF Ser Solutions	1.2%	1.4%	744,188	+3.6%	$21.4M
VEAVanguard Ftse Developed Markets Index Fu	1.2%	1.3%	298,504	+0.1%	$21.3M
AVGOBroadcom Inc	1.2%	1.0%	54,944	+19.1%	$20.8M
VOOVanguard Index Fds	1.1%	1.4%	28,818	-11.0%	$19.8M
IVVIshares Tr	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
IEFIshares Tr	1.0%	0.6%	179,061	+111.3%	$16.9M
AMZNAmazon Com Inc	0.9%	0.9%	67,348	+12.2%	$16.1M
SMHVaneck ETF Trust	0.9%	0.9%	23,851	-27.3%	$15.6M
GOOGAlphabet Inc	0.8%	0.7%	42,499	+24.6%	$15.0M
SPYState Str Spdr S&p 500 ETF T	0.8%	0.7%	19,615	+23.9%	$14.6M
MUBIshares Tr	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 Tr	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 Tr	0.6%	0.7%	139,369	+27.8%	$10.5M
CTASimplify Exchange Traded Fun	0.6%	—	387,215	—	$10.0M
IEFAIshares Tr	0.5%	0.7%	97,062	-7.1%	$9.4M
EWJIshares Inc	0.5%	0.5%	99,472	+9.2%	$9.3M
IWDIshares Tr	0.5%	0.7%	37,287	-17.0%	$9.0M
SJNKState Street SPDR Bloomberg Short Term H	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
SPTISpdr Series Trust	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.

Added to

SPLG Spdr Series Trust+368.4% shares
IEF Ishares Tr+111.3% shares
DUBS ETF Ser Solutions+42.2% shares
SPYG State Street Spdr Portfolio S&p 500 Grow+29.6% shares
IAU Ishares Gold Tr+27.8% shares
GOOG Alphabet Inc+24.6% shares
SPY State Str Spdr S&p 500 ETF T+23.9% shares
AGG Ishares Tr+20.4% shares

Reduced

IVV Ishares Tr-67.5% shares
SMH Vaneck ETF Trust-27.3% shares
SPTI Spdr Series Trust-22.9% shares
SPLV Invesco Exch Traded Fd Tr II-22.5% shares
IWD Ishares Tr-17.0% shares
VOO Vanguard Index Fds-11.0% shares
IEFA Ishares Tr-7.1% shares
RSP Invesco Exchange Traded Fd T-6.8% 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: +17.5% /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, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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%, State Street Spdr Portfolio S&p 500 Grow (SPYG) at 3.0%, American Centy ETF Tr (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), Ishares Tr (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 (BSV), cut from its top 50 Jpmorgan Income ETF (JPIE), cut from its top 50 Spdr Series Trust (BIL), cut from its top 50 Select Sector Spdr Tr (XLI), Ishares Tr (IVV) (-67.5% shares), Vaneck ETF Trust (SMH) (-27.3% shares) and Spdr Series Trust (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.