13F HOLDINGS REPORT
SHEPHERD KAPLAN KROCHUK, LLC
Quarter ended Q3 2025 · Filed November 13, 2025 · Accession 0000919574-25-006712
Total Value
$121.8M
Positions
61
Other Managers
2
Confidential Omitted
No
Holdings (61)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANECK ETF TRUST | 92189F437 | 323,476 | $9.6M | 7.89% |
| 2 | VANGUARD INDEX FDS | 922908769 | 23,814 | $7.8M | 6.41% |
| 3 | APPLE INC | AAPL | 30,367 | $7.7M | 6.35% |
| 4 | ISHARES TR | 46429B697 | 68,771 | $6.5M | 5.37% |
| 5 | ISHARES TR | 46432F396 | 22,537 | $5.8M | 4.74% |
| 6 | SCHWAB STRATEGIC TR | 808524409 | 189,779 | $5.5M | 4.53% |
| 7 | J P MORGAN EXCHANGE TRADED F | 46641Q761 | 82,746 | $5.2M | 4.27% |
| 8 | ISHARES TR | 464288257 | 27,318 | $3.8M | 3.10% |
| 9 | ENERGY TRANSFER L P | ET-PI | 217,531 | $3.7M | 3.06% |
| 10 | JANUS DETROIT STR TR | 47103U852 | 79,396 | $3.6M | 2.98% |
| 11 | ISHARES TR | 464287804 | 29,871 | $3.5M | 2.91% |
| 12 | THE CAMPBELLS COMPANY | CPB | 108,910 | $3.4M | 2.82% |
| 13 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 57,823 | $3.3M | 2.71% |
| 14 | PIMCO ETF TR | 72201R817 | 33,207 | $3.3M | 2.69% |
| 15 | ISHARES TR | 464288679 | 27,218 | $3.0M | 2.47% |
| 16 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,807 | $2.9M | 2.40% |
| 17 | SCHWAB STRATEGIC TR | 808524797 | 102,763 | $2.8M | 2.30% |
| 18 | VANGUARD INDEX FDS | 922908629 | 9,073 | $2.7M | 2.19% |
| 19 | ISHARES TR | 46436E718 | 23,982 | $2.4M | 1.98% |
| 20 | DIREXION SHS ETF TR | 25460E869 | 247,405 | $2.4M | 1.95% |
| 21 | VANGUARD INDEX FDS | 922908553 | 23,369 | $2.1M | 1.75% |
| 22 | PIMCO ETF TR | 72201R882 | 29,984 | $2.0M | 1.67% |
| 23 | DBX ETF TR | 233051630 | 67,650 | $2.0M | 1.63% |
| 24 | KINDER MORGAN INC DEL | EP-PC | 66,820 | $1.9M | 1.55% |
| 25 | INVESCO EXCH TRADED FD TR II | IVZ | 153,126 | $1.8M | 1.46% |
| 26 | EXCHANGE LISTED FDS TR | 30151E533 | 16,242 | $1.4M | 1.16% |
| 27 | VANGUARD ADMIRAL FDS INC | 921932828 | 12,604 | $1.4M | 1.14% |
| 28 | ISHARES TR | 464287309 | 7,938 | $958,326 | 0.79% |
| 29 | PFIZER INC | PFE | 36,210 | $922,619 | 0.76% |
| 30 | NEWMONT CORP | NEMCL | 10,921 | $920,750 | 0.76% |
| 31 | MAGNA INTL INC | 559222401 | 19,096 | $904,768 | 0.74% |
| 32 | ISHARES TR | 464287200 | 1,344 | $899,405 | 0.74% |
| 33 | VANGUARD BD INDEX FDS | 921937819 | 11,170 | $872,231 | 0.72% |
| 34 | ISHARES BITCOIN TRUST ETF | IBIT | 13,212 | $858,780 | 0.70% |
| 35 | J P MORGAN EXCHANGE TRADED F | 46641Q308 | 14,545 | $858,094 | 0.70% |
| 36 | DUKE ENERGY CORP NEW | DUKB | 6,865 | $849,544 | 0.70% |
| 37 | VANGUARD INDEX FDS | 922908363 | 1,387 | $849,460 | 0.70% |
| 38 | GILEAD SCIENCES INC | GILD | 6,981 | $774,891 | 0.64% |
| 39 | DOW INC | DOW | 33,569 | $769,737 | 0.63% |
| 40 | INTERNATIONAL BUSINESS MACHS | INTR | 2,618 | $738,705 | 0.61% |
| 41 | ENTERPRISE PRODS PARTNERS L | 293792107 | 22,538 | $704,763 | 0.58% |
| 42 | GOLDMAN SACHS ETF TR | NVGLF | 16,896 | $694,595 | 0.57% |
| 43 | FRANKLIN RESOURCES INC | BEN | 25,045 | $579,291 | 0.48% |
| 44 | PNC FINL SVCS GROUP INC | 693475105 | 2,825 | $567,627 | 0.47% |
| 45 | INVESCO QQQ TR | IVZ | 919 | $551,722 | 0.45% |
| 46 | NUVEEN MUN VALUE FD INC | NU | 60,045 | $539,204 | 0.44% |
| 47 | ALPS ETF TR | 00162Q452 | 10,866 | $509,961 | 0.42% |
| 48 | VANGUARD INDEX FDS | 922908736 | 1,042 | $499,772 | 0.41% |
| 49 | VERIZON COMMUNICATIONS INC | VZ | 11,324 | $497,673 | 0.41% |
| 50 | VANGUARD MUN BD FDS | 922907746 | 9,827 | $492,038 | 0.40% |
| 51 | PROSHARES TR | 74347X849 | 17,162 | $407,083 | 0.33% |
| 52 | SPDR S&P 500 ETF TR | SPY | 594 | $395,819 | 0.32% |
| 53 | COMCAST CORP NEW | CCZ | 12,505 | $392,907 | 0.32% |
| 54 | HARBOR ETF TRUST | 41151J885 | 11,633 | $343,979 | 0.28% |
| 55 | SPDR GOLD TR | GLD | 959 | $340,896 | 0.28% |
| 56 | ULTIMUS MANAGERS TR | 90386K589 | 11,358 | $303,372 | 0.25% |
| 57 | AT&T INC | T-PC | 10,714 | $302,560 | 0.25% |
| 58 | ALPHABET INC | GOOG | 929 | $226,264 | 0.19% |
| 59 | MICROSOFT CORP | MSFT | 431 | $223,179 | 0.18% |
| 60 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,797 | $204,175 | 0.17% |
| 61 | ENERGY VAULT HOLDINGS INC | NRGV | 47,975 | $142,486 | 0.12% |