13F HOLDINGS REPORT

Concorde Asset Management, LLC

Quarter ended Q4 2025 · Filed February 13, 2026 · Accession 0001062993-26-000868

Total Value

$250.0M

Positions

241

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (241)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ISHARES TR	464287200	20,678	$14.2M	5.67%
2	INVESCO EXCH TRADED FD TR II	IVZ	80,006	$9.5M	3.82%
3	INVESCO QQQ TR	IVZ	13,036	$8.0M	3.20%
4	NVIDIA CORPORATION	NVDA	38,148	$7.1M	2.85%
5	SPDR S&P 500 ETF TR	SPY	9,958	$6.8M	2.72%
6	ISHARES TR	464289438	24,414	$6.8M	2.70%
7	FIRST TR EXCHNG TRADED FD VI	33740F755	190,648	$6.5M	2.61%
8	FIRST TR EXCHNG TRADED FD VI	33740U752	172,301	$6.2M	2.47%
9	FIRST TR EXCHANGE-TRADED FD	33739Q408	101,297	$6.1M	2.43%
10	FIRST TR EXCHANGE TRADED FD	33738R118	55,832	$5.4M	2.16%
11	FIRST TR EXCHANGE TRADED FD	33734X846	74,410	$5.3M	2.13%
12	ISHARES TR	464287309	41,976	$5.2M	2.07%
13	ISHARES TR	46434V613	101,293	$4.7M	1.89%
14	FIRST TR EXCHANGE TRADED FD	33738R704	43,175	$4.2M	1.70%
15	FIRST TR EXCHANGE TRADED FD	33734X192	32,287	$4.2M	1.68%
16	APPLE INC	AAPL	15,270	$4.2M	1.66%
17	BLACKROCK ETF TRUST	BLK	66,748	$4.1M	1.62%
18	ISHARES TR	46432F339	19,929	$4.0M	1.58%
19	PALANTIR TECHNOLOGIES INC	PLTR	20,780	$3.7M	1.48%
20	INNOVATOR ETFS TRUST	INHD	87,680	$3.2M	1.29%
21	ISHARES TR	464287408	15,090	$3.2M	1.28%
22	FIRST TR EXCHANGE TRADED FD	33738R506	44,799	$3.1M	1.24%
23	ISHARES TR	464288885	25,970	$3.0M	1.18%
24	MICROSOFT CORP	MSFT	5,640	$2.7M	1.09%
25	FIRST TR EXCHANGE-TRADED FD	33735T109	155,712	$2.7M	1.09%
26	FIRST TR EXCHANGE-TRADED FD	33733E831	62,138	$2.7M	1.06%
27	ISHARES TR	464287721	12,909	$2.6M	1.03%
28	ISHARES INC	46434G103	34,753	$2.3M	0.93%
29	VERTIV HOLDINGS CO	VRT	12,756	$2.1M	0.83%
30	ISHARES TR	464288877	28,473	$2.0M	0.81%
31	FIRST TR EXCHANGE-TRADED FD	33736G106	85,483	$1.7M	0.70%
32	FIRST TR EXCH TRD ALPHDX FD	33737J158	25,327	$1.7M	0.68%
33	AMAZON COM INC	AMZN	7,044	$1.6M	0.65%
34	FIRST TR EXCHANGE-TRADED FD	33738D788	75,969	$1.6M	0.65%
35	TESLA INC	TSLA	3,545	$1.6M	0.64%
36	ISHARES TR	464288588	16,148	$1.5M	0.62%
37	FORTIS INC	FTRSF	29,000	$1.5M	0.60%
38	FIRST TR EXCH TRADED FD III	33739P103	19,116	$1.4M	0.54%
39	SHARKNINJA INC	SN	11,836	$1.3M	0.53%
40	ALPHABET INC	GOOG	4,186	$1.3M	0.52%
41	NEXPOINT DIVERSIFIED REL ET	65340G205	301,289	$1.2M	0.46%
42	NUVEEN AMT FREE QLTY MUN INC	NU	98,370	$1.1M	0.46%
43	BLACKROCK ETF TRUST II	BLK	20,978	$1.1M	0.44%
44	ISHARES INC	46434G764	14,871	$1.1M	0.43%
45	M-TRON INDS INC	55380K109	19,986	$1.1M	0.43%
46	JPMORGAN CHASE & CO.	VYLD	3,195	$1.0M	0.41%
47	UBER TECHNOLOGIES INC	UBER	12,476	$1.0M	0.41%
48	NETFLIX INC	NFLX	10,260	$961,978	0.38%
49	ELI LILLY & CO	LLY	890	$956,251	0.38%
50	ADAMS DIVERSIFIED EQUITY FD	006212104	40,332	$940,542	0.38%
51	ALIBABA GROUP HLDG LTD	BBAAY	6,293	$922,428	0.37%
52	FS KKR CAP CORP	FSK	62,275	$922,289	0.37%
53	FS CREDIT OPPORTUNITIES CORP	FSCO	145,153	$914,464	0.37%
54	BROADCOM INC	AVGO	2,605	$901,587	0.36%
55	J P MORGAN EXCHANGE TRADED F	46641Q332	15,494	$886,892	0.35%
56	ARISTA NETWORKS INC	ANET	6,744	$883,666	0.35%
57	ROYCE SMALL CAP TRUST INC	RVT	54,092	$870,881	0.35%
58	NEUBERGER NEXT GENERATION	NBXG	57,780	$834,343	0.33%
59	HIGHLAND OPPS & INCOME FD	HFRO-PB	139,460	$833,971	0.33%
60	LPL FINL HLDGS INC	50212V100	2,303	$822,736	0.33%
61	ISHARES TR	464288653	8,022	$815,647	0.33%
62	META PLATFORMS INC	META	1,232	$813,516	0.33%
63	ISHARES TR	46432F842	9,045	$809,198	0.32%
64	CROWDSTRIKE HLDGS INC	CRWD	1,721	$806,736	0.32%
65	VANGUARD INDEX FDS	922908363	1,286	$806,489	0.32%
66	BERKSHIRE HATHAWAY INC DEL	BRK-A	1,580	$794,187	0.32%
67	INVESCO MUNICIPAL TRUST	VKQ	81,759	$788,976	0.32%
68	PROSPECT CAP CORP	PSEC-PA	304,280	$788,085	0.32%
69	JOHNSON & JOHNSON	JNJ	3,807	$787,926	0.32%
70	SPDR SERIES TRUST	78468R606	32,617	$772,044	0.31%
71	SOFI TECHNOLOGIES INC	SOFI	28,820	$754,508	0.30%
72	ALIGNMENT HEALTHCARE INC	ALHC	38,100	$752,475	0.30%
73	VANECK ETF TRUST	92189F676	2,073	$746,549	0.30%
74	NUVEEN QUALITY MUNCP INCOME	NU	62,096	$746,394	0.30%
75	EXXON MOBIL CORP	XOM	6,112	$735,509	0.29%
76	DUFF & PHELPS UTLITY AND INF	26433C105	57,520	$731,079	0.29%
77	DECKERS OUTDOOR CORP	DECK	7,042	$730,044	0.29%
78	ISHARES TR	464287101	2,122	$727,843	0.29%
79	APPLOVIN CORP	APP	1,067	$718,966	0.29%
80	DOCUSIGN INC	DOCU	10,450	$714,780	0.29%
81	COSTCO WHSL CORP NEW	22160K105	823	$709,573	0.28%
82	SPDR GOLD TR	GLD	1,763	$698,695	0.28%
83	CHEVRON CORP NEW	CVX	4,523	$689,377	0.28%
84	MEDICAL PPTYS TRUST INC	58463J304	136,506	$682,530	0.27%
85	SPDR SERIES TRUST	78464A409	6,139	$654,994	0.26%
86	GLOBAL NET LEASE INC	GNL-PE	74,405	$639,883	0.26%
87	FIRST TR EXCHANGE TRAD FD VI	33739H101	27,432	$637,245	0.25%
88	VANGUARD WORLD FD	92204A603	2,132	$636,066	0.25%
89	ABBVIE INC	ABBV	2,763	$631,389	0.25%
90	BLACKROCK ENHANCED EQUITY DI	BLK	66,105	$626,675	0.25%
91	BLACKROCK MUNIYIELD FD INC	BLK	58,997	$618,876	0.25%
92	TORTOISE ENERGY INFRA CORP	TYG	15,092	$617,263	0.25%
93	SELECT SECTOR SPDR TR	81369Y852	5,233	$616,029	0.25%
94	INVESCO MUN OPPORTUNITY TR	IVZ	63,692	$609,528	0.24%
95	PEAKSTONE REALTY TRUST	PKST	41,117	$590,032	0.24%
96	THE TRADE DESK INC	88339J105	15,468	$587,165	0.23%
97	ISHARES TR	46434V803	14,134	$584,582	0.23%
98	IONQ INC	IONQ-WT	13,005	$583,534	0.23%
99	J P MORGAN EXCHANGE TRADED F	46654Q203	9,869	$573,586	0.23%
100	KAYNE ANDERSON ENERGY INFRST	486606106	45,520	$563,538	0.23%
101	ISHARES TR	46435G672	11,067	$553,469	0.22%
102	BIRKENSTOCK HOLDING PLC	BIRK	13,474	$551,087	0.22%
103	ISHARES TR	46432F396	2,138	$535,085	0.21%
104	LISTED FDS TR	53656G498	7,960	$525,042	0.21%
105	INTEL CORP	INTC	14,078	$519,478	0.21%
106	ISHARES TR	464288760	2,394	$513,968	0.21%
107	TJX COS INC NEW	872540109	3,336	$512,469	0.20%
108	NEUBERGER REAL ESTATE	NRO	164,900	$501,296	0.20%
109	NUVEEN VRIABL RAT PFD & INM	NU	26,100	$496,683	0.20%
110	SOUNDHOUND AI INC	SOUNW	49,720	$495,708	0.20%
111	CATERPILLAR INC	CAT	850	$486,951	0.19%
112	WESTERN AST INFL LKD OPP & I	95766R104	55,250	$474,598	0.19%
113	VANGUARD TAX-MANAGED FDS	921943858	7,593	$474,335	0.19%
114	GOLDMAN SACHS ETF TR	NVGLF	4,677	$467,419	0.19%
115	ISHARES TR	464287432	5,130	$447,153	0.18%
116	J P MORGAN EXCHANGE TRADED F	46641Q159	9,375	$433,969	0.17%
117	WESTERN ASSET INTER MUNI FD	958435109	56,178	$431,451	0.17%
118	J P MORGAN EXCHANGE TRADED F	46641Q647	8,334	$420,867	0.17%
119	NUVEEN MORTGAGE AND INCOME F	NU	22,850	$415,642	0.17%
120	AMERICAN HEALTHCARE REIT INC	AHR	8,798	$414,034	0.17%
121	VANGUARD INDEX FDS	922908736	844	$411,950	0.16%
122	PAYCOM SOFTWARE INC	PAYC	2,581	$411,302	0.16%
123	ALPHABET INC	GOOG	1,290	$404,652	0.16%
124	INDEPENDENCE RLTY TR INC	45378A106	22,743	$397,545	0.16%
125	FIRST TR EXCHANGE TRADED FD	33737A108	2,568	$392,963	0.16%
126	ISHARES GOLD TR	IAU	4,771	$387,262	0.15%
127	RBB FD INC	74933W601	5,268	$378,084	0.15%
128	BLACKROCK ETF TRUST	BLK	9,765	$376,543	0.15%
129	BLACKROCK ETF TRUST	BLK	11,298	$376,210	0.15%
130	DOUBLELINE INCOME SOLUTIONS	DSL	33,200	$374,164	0.15%
131	ISHARES TR	46434V621	5,369	$372,707	0.15%
132	TORTOISE CAPITAL SERIES TRUS	890930100	18,225	$371,426	0.15%
133	ONEOK INC NEW	OKE	5,024	$369,271	0.15%
134	ISHARES TR	464288281	3,780	$363,970	0.15%
135	VANGUARD MUN BD FDS	922907746	7,227	$363,427	0.15%
136	ISHARES TR	46429B267	15,682	$361,085	0.14%
137	COHEN & STEERS REAL ESTATE O	19249Q103	24,150	$355,005	0.14%
138	CISCO SYS INC	CSCO	4,481	$345,179	0.14%
139	SELECT SECTOR SPDR TR	81369Y803	2,386	$343,510	0.14%
140	ISHARES TR	46435U713	6,525	$343,350	0.14%
141	ALTRIA GROUP INC	MO	5,938	$342,393	0.14%
142	US BANCORP DEL	USB-PS	6,392	$341,077	0.14%
143	ETF SER SOLUTIONS	26922A198	17,250	$337,496	0.14%
144	BOEING CO	BA-PA	1,530	$332,194	0.13%
145	ISHARES SILVER TR	SLV	5,144	$331,376	0.13%
146	ISHARES TR	464288513	4,091	$329,857	0.13%
147	T ROWE PRICE ETF INC	87283Q701	6,599	$328,960	0.13%
148	NEXPOINT REAL ESTATE FIN INC	NREF-PA	23,350	$328,768	0.13%
149	SPDR SERIES TRUST	78464A854	4,056	$325,372	0.13%
150	INVESCO ACTIVELY MANAGED EXC	IVZ	6,394	$321,298	0.13%
151	JANUS DETROIT STR TR	47103U886	6,484	$318,624	0.13%
152	CONSTELLATION ENERGY CORP	CEG	900	$317,980	0.13%
153	HONEYWELL INTL INC	438516106	1,620	$316,046	0.13%
154	HOME DEPOT INC	HD	905	$311,516	0.12%
155	VANGUARD CHARLOTTE FDS	92203J407	6,377	$308,137	0.12%
156	VANGUARD WORLD FD	921910840	2,169	$306,175	0.12%
157	TOTALENERGIES SE	TTE	4,670	$305,511	0.12%
158	BANK MONTREAL MEDIUM	06368B504	4,481	$304,932	0.12%
159	SHELL PLC	RYDAF	4,148	$304,795	0.12%
160	AMGEN INC	AMGN	927	$303,544	0.12%
161	MEDPACE HLDGS INC	MEDP	527	$295,990	0.12%
162	PHILIP MORRIS INTL INC	718172109	1,844	$295,710	0.12%
163	CAPITAL GROUP CORE BALANCED	14021D107	8,351	$295,041	0.12%
164	WISDOMTREE TR	WT	5,530	$293,422	0.12%
165	VERIZON COMMUNICATIONS INC	VZ	7,157	$291,522	0.12%
166	VANECK ETF TRUST	92189F486	11,277	$287,338	0.11%
167	UNITED PARCEL SERVICE INC	UPS	2,894	$287,076	0.11%
168	INTUIT	INTU	431	$285,564	0.11%
169	VANGUARD SCOTTSDALE FDS	92206C870	3,396	$284,415	0.11%
170	CLEARBRIDGE ENERGY MIDSTRM O	18469P209	6,362	$284,063	0.11%
171	FORD MTR CO	345370860	21,650	$284,048	0.11%
172	CAPITAL GROUP DIVIDEND GROWE	14021L109	7,944	$283,127	0.11%
173	ADVANCED MICRO DEVICES INC	AMD	1,320	$282,691	0.11%
174	VISA INC	V	802	$281,329	0.11%
175	VALERO ENERGY CORP	VLO	1,722	$280,261	0.11%
176	SPDR SERIES TRUST	78468R663	3,055	$279,166	0.11%
177	ISHARES TR	464287655	1,130	$278,188	0.11%
178	ISHARES TR	464287226	2,726	$272,306	0.11%
179	CUMMINS INC	CMI	531	$270,869	0.11%
180	TARGET CORP	TGT	2,767	$270,487	0.11%
181	PRICE T ROWE GROUP INC	TROW	2,628	$269,025	0.11%
182	COCA COLA CO	KO	3,838	$268,301	0.11%
183	WELLTOWER INC	WELL	1,444	$268,094	0.11%
184	SELECT SECTOR SPDR TR	81369Y605	4,876	$267,065	0.11%
185	ARCHER AVIATION INC	ACHR-WT	35,513	$267,058	0.11%
186	DEERE & CO	DE	573	$266,772	0.11%
187	VANGUARD INDEX FDS	922908769	790	$264,804	0.11%
188	ABRDN GLOBAL INFRA INCOME FU	00326W106	11,800	$263,848	0.11%
189	BLOOM ENERGY CORP	BE	3,034	$263,624	0.11%
190	ALBEMARLE CORP	ALB-PA	1,845	$260,957	0.10%
191	VANGUARD WORLD FD	921910816	629	$259,533	0.10%
192	ABBOTT LABS	ABLZF	2,021	$253,161	0.10%
193	KINDER MORGAN INC DEL	EP-PC	9,113	$250,516	0.10%
194	AMPLIFY ETF TR	032108607	4,354	$247,699	0.10%
195	DIMENSIONAL ETF TRUST	25434V872	5,705	$242,805	0.10%
196	MCDONALDS CORP	MCD	793	$242,418	0.10%
197	DIMENSIONAL ETF TRUST	25434V864	4,978	$238,695	0.10%
198	INTERNATIONAL BUSINESS MACHS	INTR	800	$236,968	0.09%
199	RTX CORPORATION	RTX	1,292	$236,953	0.09%
200	ETF SER SOLUTIONS	26922A230	5,200	$235,881	0.09%
201	GILEAD SCIENCES INC	GILD	1,920	$235,685	0.09%
202	ISHARES TR	46435U796	2,592	$232,658	0.09%
203	SIRIUSXM HOLDINGS INC	829933100	11,557	$231,080	0.09%
204	SPROTT ASSET MANAGEMENT LP	SII	9,738	$230,304	0.09%
205	INTUITIVE SURGICAL INC	ISRG	404	$228,809	0.09%
206	VICTORY PORTFOLIOS II	92647N527	4,783	$226,498	0.09%
207	VANGUARD MALVERN FDS	922020748	2,892	$225,272	0.09%
208	KKR & CO INC	KKRT	1,764	$224,875	0.09%
209	MONGODB INC	MDB	529	$222,016	0.09%
210	VANGUARD INTL EQUITY INDEX F	922042742	1,562	$220,336	0.09%
211	PROCTER AND GAMBLE CO	742718109	1,536	$220,129	0.09%
212	TAIWAN SEMICONDUCTOR MFG LTD	874039100	724	$220,016	0.09%
213	ISHARES TR	464287572	1,735	$219,772	0.09%
214	AMERIPRISE FINL INC	03076C106	446	$218,692	0.09%
215	ISHARES TR	46434V878	4,300	$217,494	0.09%
216	ISHARES TR	46435G102	2,205	$217,194	0.09%
217	ENBRIDGE INC	ENNPF	4,518	$216,096	0.09%
218	ISHARES TR	46434V860	4,256	$214,758	0.09%
219	JACKSON FINANCIAL INC	JXN-PA	2,000	$213,300	0.09%
220	WEC ENERGY GROUP INC	WEC	2,021	$213,121	0.09%
221	CAPITAL GROUP GLOBAL EQUITY	14020R107	6,663	$210,751	0.08%
222	SILA REALTY TRUST INC	SILA	8,840	$206,060	0.08%
223	EXP WORLD HLDGS INC	EXPI	22,651	$204,992	0.08%
224	ABRDN HEALTHCARE INVESTORS	HQH	10,811	$204,760	0.08%
225	PAYPAL HLDGS INC	PYPL	3,466	$202,341	0.08%
226	GOLDMAN SACHS GROUP INC	GSCE	228	$200,412	0.08%
227	FRANKLIN BSP RLTY TR INC	35243J101	16,400	$164,492	0.07%
228	NUSCALE PWR CORP	NU	11,280	$159,838	0.06%
229	NUVEEN PFD & INCOME OPPORTUN	NU	18,482	$149,889	0.06%
230	JOBY AVIATION INC	JOBY-WT	10,925	$144,210	0.06%
231	LIBERTY ALL STAR EQUITY FD	530158104	21,140	$132,759	0.05%
232	ADVISORSHARES TR	00768Y453	28,060	$132,443	0.05%
233	MOBILE INFRASTRUCTURE CORP	BEEP	49,693	$126,717	0.05%
234	FERMI INC	FRMI	15,150	$121,200	0.05%
235	MACKENZIE RLTY CAP INC	55453W501	27,240	$110,804	0.04%
236	VOLATILITY SHS TR	92864M780	10,200	$107,814	0.04%
237	ONDAS HLDGS INC	ONDS	10,666	$104,100	0.04%
238	EATON VANCE CALIF MUN INCOM	ETN	10,000	$100,400	0.04%
239	NUVEEN FLOATING RATE INCOME	67072T108	12,793	$100,166	0.04%
240	EATON VANCE SR INCOME TR	ETN	15,780	$83,161	0.03%
241	ANIXA BIOSCIENCES INC	ANIX	12,000	$37,440	0.01%