13F HOLDINGS REPORT

True Capital Management

Quarter ended Q1 2023 · Filed February 10, 2023 · Accession 0001697333-23-000002

Total Value

$123.0M

Positions

121

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (121)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	Apple Inc	AAPL	75,367	$9.8M	7.96%
2	Vanguard DIV.Apprec.Idx. FD.	921908844	46,127	$7.0M	5.69%
3	Invesco QQQ TR Unit Ser 1	IVZ	23,979	$6.4M	5.19%
4	Palantir Technologies Inc CL A	PLTR	973,192	$6.2M	5.08%
5	SPDR S&P 500 ETF TST.	SPY	9,388	$3.6M	2.92%
6	Vanguard Value ETF	922908744	24,372	$3.4M	2.78%
7	Facebook Inc CL A	META	27,519	$3.3M	2.69%
8	Alphabet Inc Cap STK CL C	GOOG	35,581	$3.2M	2.57%
9	Alphabet Inc Cap STK CL A	GOOG	32,760	$2.9M	2.35%
10	Dimensional ETF TR U S Target Value ETF	25434V609	61,438	$2.7M	2.19%
11	Amazon Com Inc	AMZN	29,875	$2.5M	2.04%
12	Square Inc CL A	BSQKZ	37,832	$2.4M	1.93%
13	Procter & Gamble	742718109	15,476	$2.3M	1.91%
14	iShares TR Russell 1000 ETF	464287622	11,028	$2.3M	1.89%
15	Wal-Mart Stores Inc	WMT	16,250	$2.3M	1.87%
16	Microsoft Corp	MSFT	8,343	$2.0M	1.63%
17	Vanguard GW.Idx.FD.	922908736	9,367	$2.0M	1.62%
18	Nvidia Corp	NVDA	13,619	$2.0M	1.62%
19	iShares Gold TR iShares New	IAU	56,633	$2.0M	1.59%
20	Coinbase Global Inc Com CL A	COIN	51,178	$1.8M	1.47%
21	Sector SPDR TR SHS Ben Int Financial	81369Y605	40,589	$1.4M	1.13%
22	Industrial Sector SPDR Trust Shares	81369Y704	13,811	$1.4M	1.10%
23	Vanguard Sector Index FD Vanguard Health C	92204A504	5,259	$1.3M	1.06%
24	First TR Value Line Divid Index FD SHS	33734H106	30,579	$1.2M	0.99%
25	FB Finl Corp Com	30257X104	33,582	$1.2M	0.99%
26	iShares TR S&P 500 Index	464287200	3,130	$1.2M	0.98%
27	Invesco Exchanged Traded FD TR II Nasdaq Next Gen 100 ETF	IVZ	47,046	$1.1M	0.91%
28	Ark ETF TR Innovation ETF	00214Q104	35,795	$1.1M	0.91%
29	iShares Nasdaq Biotechnology Index Fund	464287556	8,456	$1.1M	0.90%
30	Visa Inc CL A Class A	V	5,280	$1.1M	0.89%
31	Clorox	CLX	7,728	$1.1M	0.88%
32	Vanguard REIT ETF	922908553	12,558	$1.0M	0.84%
33	iShares TR Global Clean Energy ETF	464288224	51,568	$1.0M	0.83%
34	Invesco Exchange-Traded FD TR II S&P Smallcap Information Technology ETF	IVZ	8,356	$1.0M	0.81%
35	Dimensional ETF TR World Ex U S Core Equity 2 ETF	25434V880	46,110	$995,976	0.81%
36	Vanguard TTL.STK.MKT. Idx.FD.	922908769	5,038	$963,122	0.78%
37	First TR Exchange Traded FD IV First TR Enhanced Short Maturity ETF New	33739Q408	15,994	$950,683	0.77%
38	iShares TR MSCI USA Minimum Volatility ETF	46429B697	13,000	$937,281	0.76%
39	First Trust Dow Jones Inet.Idx.FD.	33733E302	7,592	$934,955	0.76%
40	Tesla Motors	TSLA	7,486	$922,125	0.75%
41	iShares TR Core High Divid ETF	46429B663	8,738	$910,895	0.74%
42	First TR Large Cap Growth Alphadex FD Com SHS	33735K108	8,897	$813,320	0.66%
43	Airbnb Inc CL A Com	ABNB	9,406	$804,213	0.65%
44	Philip Morris Intl Inc	718172109	7,815	$790,990	0.64%
45	First TR Exchange-Traded FD Cap Strength ETF	33733E104	10,545	$790,340	0.64%
46	Consumers Staples Sector SPDR Trust SHS	81369Y308	10,500	$782,775	0.64%
47	Oaktree Strategic Income Corp Com	OCSL	107,105	$735,811	0.60%
48	Vanguard Whitehall FDS High Dividend Yield ETF SHS	921946406	6,726	$727,871	0.59%
49	Sector SPDR Technology	81369Y803	5,480	$681,931	0.55%
50	Global X FDS Cybersecurity ETF	37954Y384	29,999	$622,479	0.51%
51	Uber Technologies Inc Com	UBER	24,306	$601,087	0.49%
52	Schwab Strategic TR US Broad MKT ETF	808524102	13,269	$594,584	0.48%
53	Netflix Inc	NFLX	1,952	$575,606	0.47%
54	JPMorgan Chase & Co	VYLD	4,288	$575,085	0.47%
55	First TR Morningstar Divid Leaders Index FD SHS	336917109	15,406	$563,261	0.46%
56	Golub Capital BDC	38173M102	39,962	$525,900	0.43%
57	iShares Trust Dow Jones Technology	464287721	7,050	$525,142	0.43%
58	First TR Exchange-Traded FD III First TR PFD Secs & Income ETF	33739E108	30,265	$508,459	0.41%
59	Berkshire Hathaway B New Class B	BRK-A	1,621	$500,727	0.41%
60	Target Corporation	TGT	3,356	$500,178	0.41%
61	Luminar Tech Inc Com CL A	LAZRQ	100,521	$497,579	0.40%
62	MC Donalds Corp	MCD	1,749	$460,914	0.37%
63	Vaneck Vectors ETF TR Gaming ETF	92189F882	11,219	$432,861	0.35%
64	iShares DJ Select Divid Index Fund	464287168	3,528	$425,510	0.35%
65	Altria Group Inc	MO	8,963	$409,687	0.33%
66	Vanguard Mega Cap Value ETF	921910840	3,983	$409,629	0.33%
67	First TR Exchange-Traded FD VIII TCW Unconstrained Plus	33740F888	16,950	$408,658	0.33%
68	First TR Exchange-Traded FD VI Rising Divid Achievers ETF	33738R506	9,110	$400,121	0.33%
69	Vanguard World FDS Vanguard Finls ETF	92204A405	4,682	$387,333	0.31%
70	Vanguard Bond Index Fund Total Bond Market	921937835	5,338	$383,482	0.31%
71	Costco Wholesale Corp	22160K105	808	$368,753	0.30%
72	Vanguard Tax-Managed Intl FD FTSE Developed MKTS ETF	921943858	8,749	$367,196	0.30%
73	Johnson & Johnson	JNJ	2,071	$365,773	0.30%
74	Energy Vault HLDGS Inc Com	NRGV	116,726	$364,185	0.30%
75	First TR Large Cap Core Alphadex FD Com SHS	33734K109	4,507	$360,914	0.29%
76	Broadcom Inc Com	AVGO	641	$358,590	0.29%
77	Vanguard Mid.Cap ETF	922908629	1,732	$352,999	0.29%
78	Salesforce Com	CRM	2,633	$349,109	0.28%
79	iShares TR	46432F834	6,017	$348,264	0.28%
80	iShares TR Russell 2000	464287655	1,951	$340,162	0.28%
81	Vanguard SML.Cap ETF	922908751	1,852	$339,996	0.28%
82	Vanguard S&P 500 ETF	922908363	964	$338,861	0.28%
83	C S X Corp	CSX	10,887	$337,279	0.27%
84	Mondelez Intl Inc CL A	609207105	4,996	$332,960	0.27%
85	First TR Ipox Index FD SHS	336920103	4,063	$319,675	0.26%
86	iShares TR Russell 200 Growth Ndex FD	464289438	2,624	$316,297	0.26%
87	Danaher Corp Del	235851102	1,136	$301,517	0.25%
88	First TR Low Duration Opportunities ETF	33739Q200	6,300	$298,683	0.24%
89	SPDR Gold TR Gold SHS	GLD	1,741	$295,343	0.24%
90	Ark ETF TR Genomic Revolution Multi Sector ETF	00214Q302	10,443	$294,806	0.24%
91	First TR Large Cap Value Alphadex FD Com SHS	33735J101	4,464	$293,806	0.24%
92	iShares TR S&P 500 Growth ETF	464287309	4,994	$292,138	0.24%
93	Consolidated Edison Inc	ED	3,045	$290,219	0.24%
94	iShares TR Cohen & Steers REIT ETF	464287564	5,220	$286,262	0.23%
95	Starbucks Corp	SBUX	2,875	$285,207	0.23%
96	Vanguard Intl Equity Index FD Emerging Mar	922042858	7,284	$283,931	0.23%
97	Chevron Corporation	CVX	1,526	$273,827	0.22%
98	Disney Walt Co	254687106	3,126	$271,555	0.22%
99	Caterpillar Inc	CAT	1,106	$265,063	0.22%
100	First TR Exchange Traded FD IV FT CBOE Vest S&P 500 Divid Aristocrats Target Aristocrats Target Income ETF	33739Q705	5,166	$263,924	0.21%
101	iShares TR Natl Amt Free Muni BD ETF	464288414	2,434	$256,822	0.21%
102	iShares Trust S&P Smallcap 600 Index	464287804	2,593	$245,415	0.20%
103	First TR Exchange Traded FD III Managed Mun ETF	33739N108	4,812	$241,105	0.20%
104	Home Depot Inc	HD	759	$239,649	0.19%
105	Texas Instruments Inc	882508104	1,409	$232,793	0.19%
106	Strategy SHS Nasdaq 7 Handl Index ETF	STRD	11,885	$232,716	0.19%
107	Unitedhealth Group Inc	UNH	435	$230,427	0.19%
108	Lowes Companies Inc	548661107	1,121	$223,349	0.18%
109	Pepsico Incorporated	PEP	1,223	$220,977	0.18%
110	Marathon Pete Corp	MARA	1,833	$213,357	0.17%
111	Boeing Co	BA-PA	1,119	$213,158	0.17%
112	First TR Exchange-Traded FD VIII CBOE Vest Nasdaq 100 Buffer	33740F649	11,350	$207,705	0.17%
113	T J X Cos Inc	872540109	2,591	$206,205	0.17%
114	First TR Exchange-Traded FD IV North Amern Energy Infrastructure FD	33738D101	7,654	$204,276	0.17%
115	First TR Exchange Traded FD VI Dorsey Wright Focus 5 ETF	33738R605	4,351	$202,525	0.16%
116	Duke Energy	DUKB	1,954	$201,203	0.16%
117	Spire Global Inc Com CL A	SPIR	197,316	$189,423	0.15%
118	First TR High Yield Opportunities 2027 Term FD Com	33741Q107	12,876	$173,565	0.14%
119	Stitch Fix Inc CL A Com	SFIX	12,034	$37,426	0.03%
120	Cel-Sci Corp Com Par $0 001 New	CVM	12,376	$29,084	0.02%
121	Cumberland Pharmaceuticals Inc Com	CPIX	12,025	$27,056	0.02%