13F HOLDINGS REPORT

Capital Advisory Group Advisory Services, LLC

Quarter ended Q4 2025 · Filed January 21, 2026 · Accession 0001803229-26-000001

Total Value

$340.0M

Positions

171

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (171)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	SPDR S&P 500 ETF TR	SPY	43,105	$29.4M	8.65%
2	INVESCO QQQ TR	IVZ	32,327	$19.9M	5.84%
3	SPDR SERIES TRUST	78464A805	196,706	$16.2M	4.77%
4	SPDR DOW JONES INDL AVERAGE	78467X109	32,147	$15.4M	4.54%
5	ISHARES TR	46429B655	177,457	$9.0M	2.65%
6	SPDR SERIES TRUST	78464A508	147,719	$8.4M	2.47%
7	SPDR SERIES TRUST	78464A409	70,813	$7.6M	2.22%
8	SPDR SERIES TRUST	78468R200	228,297	$7.0M	2.06%
9	RBB FD INC	74933W601	92,150	$6.6M	1.95%
10	GRANITESHARES GOLD TR	BAR	153,843	$6.5M	1.92%
11	AMPLIFY ETF TR	032108409	142,113	$6.3M	1.86%
12	ETFS GOLD TR	00326A104	142,555	$5.9M	1.72%
13	NVIDIA CORPORATION	NVDA	29,113	$5.4M	1.60%
14	RTX CORPORATION	RTX	29,284	$5.4M	1.58%
15	SPDR GOLD TR	GLD	13,299	$5.3M	1.55%
16	ISHARES TR	464287507	71,455	$4.7M	1.39%
17	ISHARES TR	464287655	18,116	$4.5M	1.31%
18	ISHARES GOLD TR	IAU	54,824	$4.5M	1.31%
19	VANGUARD BD INDEX FDS	921937819	56,517	$4.4M	1.29%
20	BERKSHIRE HATHAWAY INC DEL	BRK-A	8,474	$4.3M	1.25%
21	NEOS ETF TRUST	78433H303	74,828	$3.9M	1.16%
22	ISHARES TR	464287721	17,990	$3.6M	1.06%
23	ISHARES TR	464288786	26,370	$3.6M	1.06%
24	ELI LILLY & CO	LLY	3,250	$3.5M	1.03%
25	INVESCO EXCHANGE TRADED FD T	IVZ	45,480	$3.4M	1.00%
26	INVESCO EXCHANGE TRADED FD T	IVZ	166,745	$3.4M	1.00%
27	VANGUARD SCOTTSDALE FDS	92206C870	40,360	$3.4M	0.99%
28	META PLATFORMS INC	META	4,972	$3.3M	0.97%
29	ISHARES TR	464287168	21,837	$3.1M	0.91%
30	ISHARES TR	464287226	30,071	$3.0M	0.88%
31	VANGUARD SCOTTSDALE FDS	92206C409	36,938	$2.9M	0.87%
32	INTERNATIONAL BUSINESS MACHS	INTR	9,916	$2.9M	0.86%
33	SPDR S&P MIDCAP 400 ETF TR	MDY	4,803	$2.9M	0.85%
34	NOVO-NORDISK A S	NONOF	56,916	$2.9M	0.85%
35	MICROSOFT CORP	MSFT	5,956	$2.9M	0.85%
36	WISDOMTREE TR	WT	32,971	$2.8M	0.82%
37	CHEVRON CORP NEW	CVX	18,016	$2.7M	0.81%
38	INVESCO EXCHANGE TRADED FD T	IVZ	53,169	$2.7M	0.81%
39	WALMART INC	WMT	23,605	$2.6M	0.77%
40	AMAZON COM INC	AMZN	11,036	$2.5M	0.75%
41	GOLDMAN SACHS GROUP INC	GSCE	2,793	$2.5M	0.72%
42	ISHARES TR	464287457	28,838	$2.4M	0.70%
43	ALTRIA GROUP INC	MO	41,275	$2.4M	0.70%
44	SPDR SERIES TRUST	78464A375	66,475	$2.2M	0.66%
45	STAR BULK CARRIERS CORP.	SBLK	116,870	$2.2M	0.66%
46	APPLE INC	AAPL	8,034	$2.2M	0.64%
47	FIRST TR EXCHANGE TRADED FD	33738R506	30,198	$2.1M	0.62%
48	SPDR SERIES TRUST	78464A763	14,250	$2.0M	0.58%
49	VANGUARD INDEX FDS	922908629	6,674	$1.9M	0.57%
50	GLOBAL SHIP LEASE INC NEW	GSL-PB	51,902	$1.8M	0.53%
51	FIDELITY COVINGTON TRUST	316092840	31,955	$1.8M	0.53%
52	J P MORGAN EXCHANGE TRADED F	46641Q761	28,653	$1.8M	0.53%
53	J P MORGAN EXCHANGE TRADED F	46641Q332	30,960	$1.8M	0.52%
54	HERCULES CAPITAL INC	HCXY	91,125	$1.7M	0.50%
55	SELECT SECTOR SPDR TR	81369Y506	37,072	$1.7M	0.49%
56	ALPHABET INC	GOOG	5,167	$1.6M	0.48%
57	FIDELITY COVINGTON TRUST	316092600	21,690	$1.6M	0.47%
58	FIRST TR EXCHANGE-TRADED FD	33738D101	41,590	$1.6M	0.46%
59	FIRST TR EXCHNG TRADED FD VI	33740F755	43,643	$1.5M	0.44%
60	ASML HOLDING N V	ASMLF	1,366	$1.5M	0.43%
61	SCHWAB STRATEGIC TR	808524797	50,840	$1.4M	0.41%
62	COCA COLA CO	KO	19,839	$1.4M	0.41%
63	ALPS ETF TR	00162Q676	43,788	$1.4M	0.41%
64	FIDUS INVT CORP	316500107	70,546	$1.4M	0.40%
65	KROGER CO	KR	21,754	$1.4M	0.40%
66	TESLA INC	TSLA	2,819	$1.3M	0.37%
67	SPDR SERIES TRUST	78468R853	26,864	$1.3M	0.37%
68	NETFLIX INC	NFLX	13,170	$1.2M	0.36%
69	ALLSTATE CORP	ALL-PJ	5,786	$1.2M	0.35%
70	ABBVIE INC	ABBV	5,056	$1.2M	0.34%
71	ISHARES TR	464287796	23,950	$1.1M	0.33%
72	CISCO SYS INC	CSCO	14,632	$1.1M	0.33%
73	VERIZON COMMUNICATIONS INC	VZ	27,404	$1.1M	0.33%
74	JPMORGAN CHASE & CO.	VYLD	3,379	$1.1M	0.32%
75	MICRON TECHNOLOGY INC	MU	3,747	$1.1M	0.31%
76	PROSHARES TR	74347R206	14,570	$1.0M	0.30%
77	AMERICAN EXPRESS CO	AXP	2,655	$982,217	0.29%
78	FEDERAL AGRIC MTG CORP	313148306	5,589	$981,261	0.29%
79	SPDR SERIES TRUST	78464A474	32,273	$974,645	0.29%
80	LISTED FDS TR	53656G498	14,237	$939,073	0.28%
81	EXXON MOBIL CORP	XOM	7,646	$920,120	0.27%
82	DIREXION SHS ETF TR	25460E307	29,431	$870,566	0.26%
83	AMGEN INC	AMGN	2,577	$843,478	0.25%
84	BROADCOM INC	AVGO	2,419	$837,253	0.25%
85	FAIR ISAAC CORP	FICO	481	$813,188	0.24%
86	XCEL ENERGY INC	XELLL	10,919	$806,547	0.24%
87	ORACLE CORP	ORCL-PD	4,043	$788,021	0.23%
88	METLIFE INC	MET-PF	9,373	$739,905	0.22%
89	TAIWAN SEMICONDUCTOR MFG LTD	874039100	2,427	$737,541	0.22%
90	ENERGY TRANSFER L P	ET-PI	43,886	$723,680	0.21%
91	AUTOZONE INC	AZO	210	$712,215	0.21%
92	VICTORY PORTFOLIOS II	92647N873	12,004	$703,577	0.21%
93	ADVANCED MICRO DEVICES INC	AMD	3,028	$648,476	0.19%
94	APPLOVIN CORP	APP	956	$644,172	0.19%
95	ISHARES U S ETF TR	46431W507	12,475	$637,473	0.19%
96	VANGUARD INTL EQUITY INDEX F	922042742	4,515	$636,886	0.19%
97	D-WAVE QUANTUM INC	QBTS	24,314	$635,811	0.19%
98	FLEXSHARES TR	FLEX	4,000	$632,993	0.19%
99	PALANTIR TECHNOLOGIES INC	PLTR	3,537	$628,702	0.18%
100	ISHARES TR	464289446	3,575	$610,002	0.18%
101	INVESCO EXCHANGE TRADED FD T	IVZ	4,402	$609,501	0.18%
102	FIRST TR EXCHANGE-TRADED FD	336920103	3,708	$606,592	0.18%
103	JOHNSON & JOHNSON	JNJ	2,823	$584,378	0.17%
104	PACER FDS TR	69374H881	9,613	$578,414	0.17%
105	VISA INC	V	1,645	$576,918	0.17%
106	SPDR INDEX SHS FDS	78463X889	12,775	$567,338	0.17%
107	MCDONALDS CORP	MCD	1,851	$565,723	0.17%
108	BANK MONTREAL MEDIUM	06368B504	8,178	$556,513	0.16%
109	ABBOTT LABS	ABLZF	4,211	$527,596	0.16%
110	ISHARES TR	46434V621	7,590	$526,898	0.15%
111	COSTCO WHSL CORP NEW	22160K105	607	$523,440	0.15%
112	OREILLY AUTOMOTIVE INC	67103H107	5,702	$520,079	0.15%
113	PROCTER AND GAMBLE CO	742718109	3,497	$501,296	0.15%
114	ISHARES TR	464287465	5,220	$501,277	0.15%
115	BOEING CO	BA-PA	2,302	$499,961	0.15%
116	SPDR SERIES TRUST	78468R788	11,546	$499,365	0.15%
117	CALAMOS ETF TR	12811T605	17,419	$498,619	0.15%
118	J P MORGAN EXCHANGE TRADED F	46654Q203	8,451	$491,172	0.14%
119	UNITEDHEALTH GROUP INC	UNH	1,432	$472,718	0.14%
120	HOME DEPOT INC	HD	1,353	$465,567	0.14%
121	ISHARES TR	464287762	6,641	$432,329	0.13%
122	BLOCK H & R INC	BSQKZ	9,920	$432,314	0.13%
123	ISHARES TR	46429B697	4,496	$423,343	0.12%
124	ISHARES TR	464287788	3,260	$420,312	0.12%
125	INVESCO EXCHANGE TRADED FD T	IVZ	3,420	$389,401	0.11%
126	SPDR SERIES TRUST	78468R408	15,000	$379,800	0.11%
127	AFLAC INC	AFL	3,404	$375,359	0.11%
128	MONSTER BEVERAGE CORP NEW	MNST	4,841	$371,159	0.11%
129	VANGUARD INDEX FDS	922908744	1,938	$370,139	0.11%
130	MASTERCARD INCORPORATED	MA	642	$366,505	0.11%
131	TRACTOR SUPPLY CO	TSCO	7,095	$354,821	0.10%
132	ANALOG DEVICES INC	ADI	1,303	$353,374	0.10%
133	DUKE ENERGY CORP NEW	DUKB	2,952	$346,032	0.10%
134	EA SERIES TRUST	02072L656	8,927	$344,002	0.10%
135	SALESFORCE INC	CRM	1,265	$335,111	0.10%
136	MPLX LP	MPLXP	6,279	$335,110	0.10%
137	VANGUARD INDEX FDS	922908595	1,105	$333,832	0.10%
138	JANUS DETROIT STR TR	47103U845	6,500	$328,770	0.10%
139	TRIP COM GROUP LTD	TRPCF	4,545	$326,831	0.10%
140	WISDOMTREE TR	WT	6,078	$313,625	0.09%
141	ZSCALER INC	ZS	1,382	$310,839	0.09%
142	VANGUARD WHITEHALL FDS	921946406	2,127	$305,267	0.09%
143	ARISTA NETWORKS INC	ANET	2,299	$301,238	0.09%
144	DELTA AIR LINES INC DEL	DAL	4,333	$300,745	0.09%
145	GOLDMAN SACHS ETF TR	NVGLF	5,678	$300,196	0.09%
146	TRAVELERS COMPANIES INC	TRV	1,033	$299,632	0.09%
147	RENASANT CORP	RNST	8,082	$284,648	0.08%
148	PHILLIPS 66	PSX	2,201	$284,017	0.08%
149	EBAY INC.	EBAY	3,124	$272,100	0.08%
150	COLGATE PALMOLIVE CO	CL	3,307	$261,319	0.08%
151	VANECK ETF TRUST	92189F106	2,960	$253,879	0.07%
152	ECOLAB INC	ECL	961	$252,282	0.07%
153	VANGUARD INDEX FDS	922908553	2,781	$246,091	0.07%
154	SEMPRA	SREA	2,767	$244,298	0.07%
155	WP CAREY INC	92936U109	3,707	$238,583	0.07%
156	FORTINET INC	FTNT	2,978	$236,483	0.07%
157	ISHARES TR	46432F396	937	$234,540	0.07%
158	ISHARES TR	46436E718	2,330	$233,885	0.07%
159	BARRICK MNG CORP	06849F108	5,240	$228,202	0.07%
160	AT&T INC	T-PC	9,064	$225,150	0.07%
161	AMERICAN HEALTHCARE REIT INC	AHR	4,649	$218,782	0.06%
162	VANGUARD INDEX FDS	922908538	780	$217,729	0.06%
163	VANGUARD INDEX FDS	922908736	443	$216,122	0.06%
164	ELDORADO GOLD CORP NEW	284902509	5,850	$210,132	0.06%
165	SPDR SERIES TRUST	78464A839	2,440	$206,546	0.06%
166	SELECT SECTOR SPDR TR	81369Y605	3,769	$206,428	0.06%
167	AMCOR PLC	AMCCF	13,056	$108,887	0.03%
168	BARINGS BDC INC	BBDC	10,100	$92,718	0.03%
169	ARCHER AVIATION INC	ACHR-WT	10,760	$80,915	0.02%
170	CARIBOU BIOSCIENCES INC	CRBU	12,314	$19,579	0.01%
171	GOLD RESOURCE CORP	GORO	14,000	$11,592	0.00%