13F HOLDINGS REPORT
Capstone Financial Advisors, Inc.
Quarter ended Q2 2025 · Filed August 8, 2025 · Accession 0001599217-25-000005
Total Value
$1.73B
Positions
178
Other Managers
0
Confidential Omitted
No
Holdings (178)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908769 | 942,276 | $286.4M | 16.60% |
| 2 | ISHARES TR | 464287622 | 661,216 | $224.5M | 13.02% |
| 3 | DIMENSIONAL ETF TRUST | 25434V708 | 5,357,309 | $192.0M | 11.13% |
| 4 | FLEXSHARES TR | FLEX | 2,124,810 | $131.5M | 7.62% |
| 5 | VANGUARD BD INDEX FDS | 921937835 | 1,693,913 | $124.7M | 7.23% |
| 6 | VANGUARD STAR FDS | 921909768 | 1,146,169 | $79.2M | 4.59% |
| 7 | ISHARES TR | 46432F834 | 920,678 | $71.2M | 4.13% |
| 8 | DIMENSIONAL ETF TRUST | 25434V880 | 2,086,502 | $61.3M | 3.55% |
| 9 | MCDONALDS CORP | MCD | 206,070 | $60.2M | 3.49% |
| 10 | VANGUARD CHARLOTTE FDS | 92203J407 | 1,050,398 | $52.0M | 3.01% |
| 11 | ISHARES TR | 464287614 | 115,114 | $48.9M | 2.83% |
| 12 | FLEXSHARES TR | FLEX | 189,300 | $42.4M | 2.46% |
| 13 | FLEXSHARES TR | FLEX | 461,646 | $38.5M | 2.23% |
| 14 | APPLE INC | AAPL | 146,797 | $30.1M | 1.75% |
| 15 | ISHARES TR | 464287150 | 215,327 | $29.1M | 1.69% |
| 16 | ISHARES TR | 46434V647 | 841,329 | $20.8M | 1.20% |
| 17 | JPMORGAN CHASE & CO. | VYLD | 55,209 | $16.0M | 0.93% |
| 18 | AMERICAN CENTY ETF TR | 025072356 | 305,545 | $13.5M | 0.78% |
| 19 | ISHARES TR | 464287226 | 90,929 | $9.0M | 0.52% |
| 20 | VANGUARD MUN BD FDS | 922907746 | 179,431 | $8.8M | 0.51% |
| 21 | SPDR S&P MIDCAP 400 ETF TR | MDY | 15,450 | $8.8M | 0.51% |
| 22 | VANGUARD SPECIALIZED FUNDS | 921908844 | 40,941 | $8.4M | 0.49% |
| 23 | NVIDIA CORPORATION | NVDA | 51,649 | $8.2M | 0.47% |
| 24 | ISHARES TR | 464287655 | 35,465 | $7.7M | 0.44% |
| 25 | AMAZON COM INC | AMZN | 34,257 | $7.5M | 0.44% |
| 26 | MICROSOFT CORP | MSFT | 13,649 | $6.8M | 0.39% |
| 27 | ISHARES TR | 464288372 | 111,454 | $6.6M | 0.38% |
| 28 | VANGUARD SCOTTSDALE FDS | 92206C730 | 23,279 | $6.5M | 0.38% |
| 29 | ISHARES TR | 46435G672 | 120,841 | $6.2M | 0.36% |
| 30 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 8 | $5.8M | 0.34% |
| 31 | MICROSTRATEGY INC | STRK | 12,775 | $5.2M | 0.30% |
| 32 | CME GROUP INC | CME | 18,100 | $5.0M | 0.29% |
| 33 | VANGUARD SCOTTSDALE FDS | 92206C664 | 49,420 | $4.3M | 0.25% |
| 34 | COSTCO WHSL CORP NEW | 22160K105 | 3,841 | $3.8M | 0.22% |
| 35 | WALMART INC | WMT | 32,161 | $3.1M | 0.18% |
| 36 | SPDR INDEX SHS FDS | 78463X749 | 66,449 | $2.9M | 0.17% |
| 37 | QUALCOMM INC | QCOM | 17,073 | $2.7M | 0.16% |
| 38 | DIMENSIONAL ETF TRUST | 25434V203 | 72,394 | $2.5M | 0.15% |
| 39 | DIMENSIONAL ETF TRUST | 25434V104 | 58,929 | $2.5M | 0.14% |
| 40 | TRI CONTL CORP | 895436103 | 75,513 | $2.4M | 0.14% |
| 41 | SPDR S&P 500 ETF TR | SPY | 3,855 | $2.4M | 0.14% |
| 42 | ISHARES TR | 464288414 | 18,728 | $2.0M | 0.11% |
| 43 | EATON CORP PLC | ETN | 5,404 | $1.9M | 0.11% |
| 44 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,916 | $1.9M | 0.11% |
| 45 | META PLATFORMS INC | META | 2,294 | $1.7M | 0.10% |
| 46 | ACCENTURE PLC IRELAND | ACN | 5,570 | $1.7M | 0.10% |
| 47 | MICROSTRATEGY INC | STRK | 4,000 | $1.6M | 0.09% |
| 48 | UNILEVER PLC | UNLYF | 26,377 | $1.6M | 0.09% |
| 49 | VANGUARD INDEX FDS | 922908363 | 2,781 | $1.6M | 0.09% |
| 50 | CBOE GLOBAL MKTS INC | 12503M108 | 6,380 | $1.5M | 0.09% |
| 51 | INTERNATIONAL BUSINESS MACHS | INTR | 4,977 | $1.5M | 0.09% |
| 52 | WALGREENS BOOTS ALLIANCE INC | 931427108 | 125,976 | $1.4M | 0.08% |
| 53 | DARDEN RESTAURANTS INC | DRI | 6,624 | $1.4M | 0.08% |
| 54 | EXXON MOBIL CORP | XOM | 13,114 | $1.4M | 0.08% |
| 55 | TRUMP MEDIA & TECHNOLOGY GRO | DJTWW | 77,500 | $1.4M | 0.08% |
| 56 | THE CIGNA GROUP | 125523100 | 4,183 | $1.4M | 0.08% |
| 57 | BROADCOM INC | AVGO | 4,369 | $1.2M | 0.07% |
| 58 | COCA COLA CO | KO | 16,606 | $1.2M | 0.07% |
| 59 | INVESCO QQQ TR | IVZ | 2,122 | $1.2M | 0.07% |
| 60 | GENERAL MLS INC | 370334104 | 21,478 | $1.1M | 0.06% |
| 61 | CATERPILLAR INC | CAT | 2,764 | $1.1M | 0.06% |
| 62 | TESLA INC | TSLA | 3,186 | $1.0M | 0.06% |
| 63 | CONSTELLATION ENERGY CORP | CEG | 3,123 | $1.0M | 0.06% |
| 64 | ALASKA AIR GROUP INC | ALK | 19,540 | $966,840 | 0.06% |
| 65 | GRAINGER W W INC | 384802104 | 926 | $963,263 | 0.06% |
| 66 | PALANTIR TECHNOLOGIES INC | PLTR | 6,789 | $925,477 | 0.05% |
| 67 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 4,988 | $915,164 | 0.05% |
| 68 | ADAMS DIVERSIFIED EQUITY FD | 006212104 | 41,601 | $903,162 | 0.05% |
| 69 | VISTRA CORP | VST | 4,597 | $890,945 | 0.05% |
| 70 | ISHARES TR | 464287200 | 1,430 | $888,007 | 0.05% |
| 71 | FIFTH THIRD BANCORP | FITBM | 21,575 | $887,381 | 0.05% |
| 72 | GE AEROSPACE | 369604301 | 3,420 | $880,331 | 0.05% |
| 73 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 18,324 | $848,218 | 0.05% |
| 74 | CHIPOTLE MEXICAN GRILL INC | CMG | 14,936 | $838,658 | 0.05% |
| 75 | ISHARES TR | 464287689 | 2,341 | $821,559 | 0.05% |
| 76 | LUMEN TECHNOLOGIES INC | LUMN | 185,686 | $813,305 | 0.05% |
| 77 | NETFLIX INC | NFLX | 592 | $792,765 | 0.05% |
| 78 | CROWDSTRIKE HLDGS INC | CRWD | 1,522 | $775,170 | 0.04% |
| 79 | ALPHABET INC | GOOG | 4,280 | $754,305 | 0.04% |
| 80 | MERCK & CO INC | MRK | 9,029 | $714,699 | 0.04% |
| 81 | INTEL CORP | INTC | 29,759 | $666,592 | 0.04% |
| 82 | J P MORGAN EXCHANGE TRADED F | 46641Q654 | 13,019 | $662,923 | 0.04% |
| 83 | DIMENSIONAL ETF TRUST | 25434V799 | 20,750 | $645,118 | 0.04% |
| 84 | LAMB WESTON HLDGS INC | LW | 12,388 | $642,341 | 0.04% |
| 85 | JOHNSON & JOHNSON | JNJ | 4,176 | $637,884 | 0.04% |
| 86 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 10,700 | $608,297 | 0.04% |
| 87 | VANGUARD WORLD FD | 921910733 | 5,306 | $581,790 | 0.03% |
| 88 | FRANKLIN TEMPLETON DIGITAL H | 354921108 | 9,250 | $577,385 | 0.03% |
| 89 | WISDOMTREE TR | WT | 12,976 | $566,137 | 0.03% |
| 90 | SCHWAB STRATEGIC TR | 808524102 | 23,491 | $559,783 | 0.03% |
| 91 | ISHARES TR | 46434V878 | 10,967 | $556,155 | 0.03% |
| 92 | ABBVIE INC | ABBV | 2,972 | $551,704 | 0.03% |
| 93 | CHEVRON CORP NEW | CVX | 3,840 | $549,913 | 0.03% |
| 94 | PROCTER AND GAMBLE CO | 742718109 | 3,321 | $529,110 | 0.03% |
| 95 | SCHWAB STRATEGIC TR | 808524805 | 23,191 | $512,515 | 0.03% |
| 96 | ISHARES TR | 464287804 | 4,437 | $484,921 | 0.03% |
| 97 | ALLSTATE CORP | ALL-PJ | 2,297 | $462,452 | 0.03% |
| 98 | VANGUARD TAX-MANAGED FDS | 921943858 | 8,018 | $457,127 | 0.03% |
| 99 | ABBOTT LABS | ABLZF | 3,312 | $450,455 | 0.03% |
| 100 | HOME DEPOT INC | HD | 1,213 | $444,876 | 0.03% |
| 101 | MASTERCARD INCORPORATED | MA | 788 | $442,749 | 0.03% |
| 102 | COLGATE PALMOLIVE CO | CL | 4,817 | $437,866 | 0.03% |
| 103 | SCHWAB STRATEGIC TR | 808524201 | 17,567 | $429,347 | 0.02% |
| 104 | PEPSICO INC | PEP | 3,231 | $426,597 | 0.02% |
| 105 | ALPHABET INC | GOOG | 2,401 | $426,001 | 0.02% |
| 106 | BYLINE BANCORP INC | BY | 15,871 | $424,232 | 0.02% |
| 107 | AMGEN INC | AMGN | 1,486 | $415,044 | 0.02% |
| 108 | VANGUARD WORLD FD | 92204A702 | 605 | $400,965 | 0.02% |
| 109 | VERIZON COMMUNICATIONS INC | VZ | 9,014 | $390,038 | 0.02% |
| 110 | VANGUARD INDEX FDS | 922908744 | 2,117 | $374,196 | 0.02% |
| 111 | AT&T INC | T-PC | 12,876 | $372,632 | 0.02% |
| 112 | ELASTIC N V | ESTC | 4,310 | $363,463 | 0.02% |
| 113 | DISNEY WALT CO | 254687106 | 2,909 | $360,739 | 0.02% |
| 114 | GODADDY INC | GDDY | 2,000 | $360,120 | 0.02% |
| 115 | MCDONALDS CORP | MCD | 1,200 | $350,604 | 0.02% |
| 116 | VANGUARD INTL EQUITY INDEX F | 922042775 | 5,177 | $348,031 | 0.02% |
| 117 | CARMAX INC | KMX | 5,000 | $336,050 | 0.02% |
| 118 | FAIR ISAAC CORP | FICO | 181 | $330,861 | 0.02% |
| 119 | LOCKHEED MARTIN CORP | LMT | 708 | $327,953 | 0.02% |
| 120 | WORLD GOLD TR | GLDW | 4,992 | $327,076 | 0.02% |
| 121 | BOEING CO | BA-PA | 1,517 | $317,858 | 0.02% |
| 122 | MARATHON PETE CORP | MARA | 1,900 | $315,609 | 0.02% |
| 123 | VANGUARD SCOTTSDALE FDS | 92206C565 | 4,403 | $305,279 | 0.02% |
| 124 | ELI LILLY & CO | LLY | 384 | $299,395 | 0.02% |
| 125 | FORD MTR CO | 345370860 | 27,352 | $296,774 | 0.02% |
| 126 | GE VERNOVA INC | GEV | 551 | $291,562 | 0.02% |
| 127 | ARCHER DANIELS MIDLAND CO | ADM | 5,479 | $289,202 | 0.02% |
| 128 | RYANAIR HOLDINGS PLC | RYAOF | 5,000 | $288,350 | 0.02% |
| 129 | WINTRUST FINL CORP | 97650W108 | 2,299 | $285,031 | 0.02% |
| 130 | SPDR SERIES TRUST | 78464A508 | 5,387 | $281,956 | 0.02% |
| 131 | PORTILLOS INC | 73642K106 | 23,745 | $277,105 | 0.02% |
| 132 | LYFT INC | LYFT | 17,403 | $274,272 | 0.02% |
| 133 | PALO ALTO NETWORKS INC | PANW | 1,311 | $268,284 | 0.02% |
| 134 | CISCO SYS INC | CSCO | 3,808 | $264,211 | 0.02% |
| 135 | AMERICAN EXPRESS CO | AXP | 825 | $263,176 | 0.02% |
| 136 | WELLS FARGO CO NEW | 949746101 | 3,228 | $258,602 | 0.01% |
| 137 | CSX CORP | CSX | 7,614 | $248,445 | 0.01% |
| 138 | SELECT SECTOR SPDR TR | 81369Y704 | 1,671 | $246,483 | 0.01% |
| 139 | ORACLE CORP | ORCL-PD | 1,122 | $245,303 | 0.01% |
| 140 | HONEYWELL INTL INC | 438516106 | 1,043 | $243,003 | 0.01% |
| 141 | VANGUARD INDEX FDS | 922908736 | 535 | $234,633 | 0.01% |
| 142 | CHOICEONE FINL SVCS INC | 170386106 | 8,100 | $232,470 | 0.01% |
| 143 | VISA INC | V | 651 | $231,025 | 0.01% |
| 144 | DELL TECHNOLOGIES INC | DELL | 1,876 | $230,045 | 0.01% |
| 145 | SPDR GOLD TR | GLD | 754 | $229,842 | 0.01% |
| 146 | UNITED RENTALS INC | URI | 300 | $226,020 | 0.01% |
| 147 | VANGUARD INTL EQUITY INDEX F | 922042858 | 4,518 | $223,460 | 0.01% |
| 148 | CELANESE CORP DEL | CE | 4,000 | $221,320 | 0.01% |
| 149 | UNITEDHEALTH GROUP INC | UNH | 704 | $219,627 | 0.01% |
| 150 | ISHARES TR | 464287507 | 3,504 | $217,337 | 0.01% |
| 151 | ISHARES TR | 464287309 | 1,958 | $215,523 | 0.01% |
| 152 | BANK AMERICA CORP | 060505104 | 4,547 | $215,165 | 0.01% |
| 153 | ROBINHOOD MKTS INC | 770700102 | 2,280 | $213,477 | 0.01% |
| 154 | LAM RESEARCH CORP | LRCX | 2,183 | $212,496 | 0.01% |
| 155 | ISHARES S&P GSCI COMMODITY- | ISMCF | 9,600 | $211,584 | 0.01% |
| 156 | ISHARES TR | 464288638 | 3,951 | $210,549 | 0.01% |
| 157 | ISHARES TR | 464287721 | 1,207 | $209,100 | 0.01% |
| 158 | LOWES COS INC | 548661107 | 934 | $207,316 | 0.01% |
| 159 | SELECT SECTOR SPDR TR | 81369Y308 | 2,560 | $207,252 | 0.01% |
| 160 | CLEVELAND-CLIFFS INC NEW | CLF | 15,950 | $121,220 | 0.01% |
| 161 | AMBEV SA | ABEV | 50,000 | $120,500 | 0.01% |
| 162 | GRUPO TELEVISA S A B | GRPFF | 50,000 | $109,500 | 0.01% |
| 163 | VINCI PARTNERS INVTS LTD | VINP | 10,000 | $96,700 | 0.01% |
| 164 | TOPGOLF CALLAWAY BRANDS CORP | 131193104 | 10,065 | $81,024 | 0.00% |
| 165 | THE ONE GROUP HOSPITALITY IN | 88338K103 | 20,000 | $81,000 | 0.00% |
| 166 | NEOGENOMICS INC | NEO | 10,000 | $73,100 | 0.00% |
| 167 | FIGS INC | FIGS | 10,000 | $56,400 | 0.00% |
| 168 | B & G FOODS INC NEW | BGS | 10,000 | $42,300 | 0.00% |
| 169 | PLUG POWER INC | PLUG | 21,625 | $32,222 | 0.00% |
| 170 | LOANDEPOT INC | LDI | 25,000 | $31,750 | 0.00% |
| 171 | GERDAU SA | GGB | 10,000 | $29,200 | 0.00% |
| 172 | KRISPY KREME INC | DNUT | 10,000 | $29,100 | 0.00% |
| 173 | VIVID SEATS INC | SEATW | 15,000 | $25,350 | 0.00% |
| 174 | NOODLES & CO | NDLS | 25,000 | $17,820 | 0.00% |
| 175 | LINKERS INDS LTD | G5496W102 | 30,000 | $14,490 | 0.00% |
| 176 | WOLFSPEED INC | WOLF | 25,000 | $9,970 | 0.00% |
| 177 | GULF RES INC | GURE | 10,000 | $6,720 | 0.00% |
| 178 | ORIENTAL RISE HLDGS LTD | ORIS | 10,000 | $5,476 | 0.00% |