13F HOLDINGS REPORT
SHEPHERD KAPLAN KROCHUK, LLC
Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0000919574-26-000962
Total Value
$121.1M
Positions
64
Other Managers
2
Confidential Omitted
No
Holdings (64)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 30,266 | $10.1M | 8.38% |
| 2 | VANECK ETF TRUST | 92189F437 | 298,270 | $8.8M | 7.23% |
| 3 | APPLE INC | AAPL | 30,392 | $8.3M | 6.82% |
| 4 | ISHARES TR | 46429B697 | 79,079 | $7.4M | 6.15% |
| 5 | SCHWAB STRATEGIC TR | 808524409 | 173,917 | $5.1M | 4.25% |
| 6 | J P MORGAN EXCHANGE TRADED F | 46641Q761 | 75,321 | $4.8M | 3.93% |
| 7 | ISHARES TR | 46432F396 | 16,705 | $4.2M | 3.45% |
| 8 | ISHARES TR | 464288257 | 27,320 | $3.9M | 3.19% |
| 9 | JANUS DETROIT STR TR | 47103U852 | 84,486 | $3.9M | 3.19% |
| 10 | PIMCO ETF TR | 72201R882 | 57,658 | $3.7M | 3.06% |
| 11 | PIMCO ETF TR | 72201R817 | 36,753 | $3.6M | 2.97% |
| 12 | ENERGY TRANSFER L P | ET-PI | 204,491 | $3.4M | 2.78% |
| 13 | ISHARES TR | 464287804 | 26,066 | $3.1M | 2.59% |
| 14 | THE CAMPBELLS COMPANY | CPB | 108,905 | $3.0M | 2.51% |
| 15 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 5,580 | $2.8M | 2.32% |
| 16 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 47,991 | $2.7M | 2.27% |
| 17 | VANGUARD INDEX FDS | 922908629 | 9,401 | $2.7M | 2.25% |
| 18 | ISHARES TR | 464288679 | 23,932 | $2.6M | 2.18% |
| 19 | VANGUARD INDEX FDS | 922908553 | 25,687 | $2.3M | 1.88% |
| 20 | ISHARES TR | 46436E718 | 21,893 | $2.2M | 1.81% |
| 21 | DBX ETF TR | 233051630 | 66,665 | $2.1M | 1.71% |
| 22 | KINDER MORGAN INC DEL | EP-PC | 65,086 | $1.8M | 1.48% |
| 23 | FIRST TR EXCHANGE-TRADED FD | 336917109 | 40,068 | $1.8M | 1.47% |
| 24 | INVESCO EXCH TRADED FD TR II | IVZ | 155,834 | $1.8M | 1.45% |
| 25 | VANGUARD ADMIRAL FDS INC | 921932828 | 13,294 | $1.5M | 1.22% |
| 26 | DIREXION SHS ETF TR | 25460E869 | 138,165 | $1.3M | 1.08% |
| 27 | VANGUARD BD INDEX FDS | 921937819 | 14,519 | $1.1M | 0.93% |
| 28 | NEWMONT CORP | NEMCL | 10,921 | $1.1M | 0.90% |
| 29 | EXCHANGE LISTED FDS TR | 30151E533 | 12,375 | $1.1M | 0.89% |
| 30 | ISHARES TR | 464287309 | 7,939 | $978,522 | 0.81% |
| 31 | INVESCO EXCHANGE TRADED FD T | IVZ | 5,040 | $965,421 | 0.80% |
| 32 | MAGNA INTL INC | 559222401 | 17,288 | $921,450 | 0.76% |
| 33 | ISHARES TR | 464287200 | 1,344 | $920,867 | 0.76% |
| 34 | PFIZER INC | PFE | 34,310 | $854,307 | 0.71% |
| 35 | GILEAD SCIENCES INC | GILD | 6,436 | $789,955 | 0.65% |
| 36 | DUKE ENERGY CORP NEW | DUKB | 6,590 | $772,414 | 0.64% |
| 37 | VANGUARD INDEX FDS | 922908363 | 1,215 | $762,208 | 0.63% |
| 38 | INTERNATIONAL BUSINESS MACHS | INTR | 2,515 | $745,030 | 0.62% |
| 39 | ENTERPRISE PRODS PARTNERS L | 293792107 | 22,538 | $722,568 | 0.60% |
| 40 | DOW INC | DOW | 29,687 | $694,082 | 0.57% |
| 41 | ISHARES BITCOIN TRUST ETF | IBIT | 13,284 | $659,551 | 0.54% |
| 42 | INVESCO QQQ TR | IVZ | 920 | $565,028 | 0.47% |
| 43 | PROSHARES TR | 74347X849 | 23,181 | $559,126 | 0.46% |
| 44 | FRANKLIN RESOURCES INC | BEN | 23,331 | $557,378 | 0.46% |
| 45 | NUVEEN MUN VALUE FD INC | NU | 60,045 | $544,008 | 0.45% |
| 46 | VANGUARD INDEX FDS | 922908736 | 1,043 | $508,835 | 0.42% |
| 47 | J P MORGAN EXCHANGE TRADED F | 46641Q308 | 8,145 | $494,646 | 0.41% |
| 48 | VANGUARD MUN BD FDS | 922907746 | 9,827 | $494,200 | 0.41% |
| 49 | GOLDMAN SACHS ETF TR | NVGLF | 11,203 | $481,057 | 0.40% |
| 50 | ALPS ETF TR | 00162Q452 | 9,403 | $442,141 | 0.37% |
| 51 | ABBVIE INC | ABBV | 1,916 | $437,787 | 0.36% |
| 52 | PRUDENTIAL FINL INC | PUKPF | 3,861 | $435,830 | 0.36% |
| 53 | VERIZON COMMUNICATIONS INC | VZ | 10,582 | $430,989 | 0.36% |
| 54 | SPDR S&P 500 ETF TR | SPY | 596 | $406,258 | 0.34% |
| 55 | HARBOR ETF TRUST | 41151J885 | 11,778 | $356,273 | 0.29% |
| 56 | ALPHABET INC | GOOG | 1,089 | $341,864 | 0.28% |
| 57 | SPDR GOLD TR | GLD | 841 | $333,297 | 0.28% |
| 58 | ENERGY VAULT HOLDINGS INC | NRGV | 67,246 | $310,004 | 0.26% |
| 59 | SCHWAB STRATEGIC TR | 808524797 | 10,097 | $276,961 | 0.23% |
| 60 | ULTIMUS MANAGERS TR | 90386K589 | 10,206 | $269,643 | 0.22% |
| 61 | AT&T INC | T-PC | 10,714 | $266,133 | 0.22% |
| 62 | MICROSOFT CORP | MSFT | 514 | $248,573 | 0.21% |
| 63 | ALPHABET INC | GOOG | 706 | $220,829 | 0.18% |
| 64 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,797 | $204,606 | 0.17% |