13F HOLDINGS REPORT
Carson Advisory Inc.
Quarter ended Q3 2025 · Filed November 6, 2025 · Accession 0001909304-25-000006
Total Value
$185.4M
Positions
173
Other Managers
0
Confidential Omitted
No
Holdings (173)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HOME DEPOT INC | HD | 30,215 | $12.2M | 6.60% |
| 2 | CAPITAL GROUP CONSERVATIVE E | 14020U100 | 278,050 | $8.4M | 4.52% |
| 3 | CAPITAL GROUP GBL GROWTH EQT | 14020X104 | 229,120 | $7.8M | 4.22% |
| 4 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 14,639 | $7.4M | 3.97% |
| 5 | T ROWE PRICE ETF INC | 87283Q867 | 185,980 | $7.0M | 3.78% |
| 6 | SOUTHERN CO | SOMN | 69,819 | $6.6M | 3.57% |
| 7 | APPLE INC | AAPL | 19,378 | $4.9M | 2.66% |
| 8 | DOMINION ENERGY INC | D | 75,416 | $4.6M | 2.49% |
| 9 | BLACKROCK ETF TRUST II | BLK | 79,472 | $4.2M | 2.28% |
| 10 | EDISON INTL | 281020107 | 75,679 | $4.2M | 2.26% |
| 11 | INTERNATIONAL BUSINESS MACHS | INTR | 14,720 | $4.2M | 2.24% |
| 12 | AES CORP | AES | 304,979 | $4.0M | 2.16% |
| 13 | MICROSOFT CORP | MSFT | 7,734 | $4.0M | 2.16% |
| 14 | DUKE ENERGY CORP NEW | DUKB | 31,422 | $3.9M | 2.10% |
| 15 | CAPITAL GROUP DIVIDEND VALUE | 14020W106 | 79,225 | $3.3M | 1.80% |
| 16 | JPMORGAN CHASE & CO. | VYLD | 9,563 | $3.0M | 1.63% |
| 17 | BANK AMERICA CORP | 060505104 | 57,470 | $3.0M | 1.60% |
| 18 | JACKSON FINANCIAL INC | JXN-PA | 24,611 | $2.5M | 1.34% |
| 19 | JOHNSON & JOHNSON | JNJ | 10,691 | $2.0M | 1.07% |
| 20 | PROCTER AND GAMBLE CO | 742718109 | 12,059 | $1.9M | 1.00% |
| 21 | AT&T INC | T-PC | 62,473 | $1.8M | 0.95% |
| 22 | SYNOVUS FINL CORP | 87161C501 | 34,979 | $1.7M | 0.93% |
| 23 | NUVEEN MUNICIPAL CREDIT INC | NU | 134,517 | $1.7M | 0.91% |
| 24 | ISHARES TR | 464288687 | 52,450 | $1.7M | 0.89% |
| 25 | DELTA AIR LINES INC DEL | DAL | 29,130 | $1.7M | 0.89% |
| 26 | BLACKSTONE INC | BX | 9,626 | $1.6M | 0.89% |
| 27 | CITIGROUP INC | C-PR | 14,485 | $1.5M | 0.79% |
| 28 | WESTERN ASSET INTER MUNI FD | 958435109 | 184,197 | $1.5M | 0.79% |
| 29 | COCA COLA CO | KO | 21,412 | $1.4M | 0.77% |
| 30 | SL GREEN RLTY CORP | 78440X887 | 21,631 | $1.3M | 0.70% |
| 31 | CARLYLE GROUP INC | CGABL | 20,026 | $1.3M | 0.68% |
| 32 | NVIDIA CORPORATION | NVDA | 6,688 | $1.2M | 0.67% |
| 33 | MICRON TECHNOLOGY INC | MU | 7,318 | $1.2M | 0.66% |
| 34 | VANGUARD SPECIALIZED FUNDS | 921908844 | 5,636 | $1.2M | 0.66% |
| 35 | AFLAC INC | AFL | 10,753 | $1.2M | 0.65% |
| 36 | VERIZON COMMUNICATIONS INC | VZ | 27,212 | $1.2M | 0.65% |
| 37 | ALPHABET INC | GOOG | 4,798 | $1.2M | 0.63% |
| 38 | WALMART INC | WMT | 11,328 | $1.2M | 0.63% |
| 39 | EATON CORP PLC | ETN | 3,033 | $1.1M | 0.61% |
| 40 | BOEING CO | BA-PA | 4,983 | $1.1M | 0.58% |
| 41 | WALKER & DUNLOP INC | WD | 12,725 | $1.1M | 0.57% |
| 42 | AMPLIFY ETF TR | 032108409 | 23,518 | $1.0M | 0.57% |
| 43 | GOLDMAN SACHS ETF TR | NVGLF | 11,100 | $1.0M | 0.56% |
| 44 | WELLS FARGO CO NEW | 949746101 | 12,296 | $1.0M | 0.56% |
| 45 | CHEVRON CORP NEW | CVX | 6,529 | $1.0M | 0.55% |
| 46 | PEPSICO INC | PEP | 7,206 | $1.0M | 0.55% |
| 47 | AMAZON COM INC | AMZN | 4,511 | $990,480 | 0.53% |
| 48 | TRUIST FINL CORP | 89832Q109 | 20,898 | $955,444 | 0.52% |
| 49 | GE AEROSPACE | 369604301 | 3,108 | $934,834 | 0.50% |
| 50 | NEXTERA ENERGY INC | NEE-PW | 12,314 | $929,594 | 0.50% |
| 51 | VANGUARD INDEX FDS | 922908769 | 2,780 | $912,313 | 0.49% |
| 52 | EXXON MOBIL CORP | XOM | 8,063 | $909,078 | 0.49% |
| 53 | UNITED PARCEL SERVICE INC | UPS | 10,236 | $854,994 | 0.46% |
| 54 | STARWOOD PPTY TR INC | STHO | 42,157 | $816,581 | 0.44% |
| 55 | PRUDENTIAL FINL INC | PUKPF | 7,841 | $813,465 | 0.44% |
| 56 | WHIRLPOOL CORP | WHR-PA | 10,100 | $793,860 | 0.43% |
| 57 | VANGUARD STAR FDS | 921909768 | 10,219 | $750,688 | 0.40% |
| 58 | NUSHARES ETF TR | NU | 18,970 | $733,942 | 0.40% |
| 59 | VANGUARD INDEX FDS | 922908553 | 7,803 | $713,350 | 0.38% |
| 60 | META PLATFORMS INC | META | 960 | $705,037 | 0.38% |
| 61 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 2,523 | $704,649 | 0.38% |
| 62 | LOWES COS INC | 548661107 | 2,776 | $697,519 | 0.38% |
| 63 | PG&E CORP | PCG-PX | 45,006 | $678,685 | 0.37% |
| 64 | NOVO-NORDISK A S | NONOF | 12,173 | $675,480 | 0.36% |
| 65 | T ROWE PRICE ETF INC | 87283Q701 | 13,456 | $670,639 | 0.36% |
| 66 | VANGUARD INDEX FDS | 922908363 | 1,082 | $662,361 | 0.36% |
| 67 | PHILIP MORRIS INTL INC | 718172109 | 3,951 | $640,774 | 0.35% |
| 68 | ABBVIE INC | ABBV | 2,705 | $626,316 | 0.34% |
| 69 | SCHWAB CHARLES CORP | SCHW-PJ | 6,557 | $625,997 | 0.34% |
| 70 | ISHARES TR | 464287804 | 5,114 | $607,644 | 0.33% |
| 71 | SALESFORCE INC | CRM | 2,556 | $605,863 | 0.33% |
| 72 | APOLLO GLOBAL MGMT INC | 03769M106 | 4,522 | $602,697 | 0.33% |
| 73 | BROADCOM INC | AVGO | 1,777 | $586,250 | 0.32% |
| 74 | VANGUARD INTL EQUITY INDEX F | 922042718 | 3,972 | $566,209 | 0.31% |
| 75 | ELI LILLY & CO | LLY | 735 | $560,805 | 0.30% |
| 76 | ISHARES TR | 464287507 | 8,206 | $535,551 | 0.29% |
| 77 | RTX CORPORATION | RTX | 2,915 | $487,836 | 0.26% |
| 78 | INVESCO QQQ TR | IVZ | 808 | $485,099 | 0.26% |
| 79 | CAPITAL GROUP CORE BALANCED | 14021D107 | 13,575 | $471,324 | 0.25% |
| 80 | GRAIL INC | GRAL | 7,900 | $467,127 | 0.25% |
| 81 | BROOKFIELD ASSET MANAGMT LTD | 113004105 | 8,051 | $458,445 | 0.25% |
| 82 | BLOCK INC | BSQKZ | 6,285 | $454,217 | 0.25% |
| 83 | STARBUCKS CORP | SBUX | 5,354 | $452,968 | 0.24% |
| 84 | WESTERN ASSET MANAGED MUNS F | 95766M105 | 43,604 | $450,865 | 0.24% |
| 85 | SNOWFLAKE INC | SNOW | 1,980 | $446,589 | 0.24% |
| 86 | VANGUARD INTL EQUITY INDEX F | 922042874 | 5,522 | $440,685 | 0.24% |
| 87 | GILEAD SCIENCES INC | GILD | 3,928 | $436,008 | 0.24% |
| 88 | QUALCOMM INC | QCOM | 2,585 | $430,053 | 0.23% |
| 89 | PNC FINL SVCS GROUP INC | 693475105 | 2,112 | $424,311 | 0.23% |
| 90 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 2,494 | $420,189 | 0.23% |
| 91 | ZIONS BANCORPORATION N A | 989701107 | 7,263 | $410,916 | 0.22% |
| 92 | ALTRIA GROUP INC | MO | 6,202 | $409,720 | 0.22% |
| 93 | NORTHROP GRUMMAN CORP | NOC | 669 | $407,635 | 0.22% |
| 94 | DIAGEO PLC | DGEAF | 4,263 | $406,818 | 0.22% |
| 95 | ISHARES TR | 464287200 | 608 | $406,601 | 0.22% |
| 96 | ILLINOIS TOOL WKS INC | 452308109 | 1,556 | $405,675 | 0.22% |
| 97 | ILLUMINA INC | ILMN | 4,265 | $405,047 | 0.22% |
| 98 | FASTENAL CO | FAST | 8,192 | $401,736 | 0.22% |
| 99 | DBX ETF TR | 233051200 | 8,652 | $401,626 | 0.22% |
| 100 | CHUBB LIMITED | CB | 1,401 | $395,291 | 0.21% |
| 101 | ISHARES TR | 464287614 | 825 | $386,513 | 0.21% |
| 102 | GE VERNOVA INC | GEV | 625 | $384,314 | 0.21% |
| 103 | CVS HEALTH CORP | CVS | 5,067 | $382,001 | 0.21% |
| 104 | NUVEEN PFD & INCOME OPPORTUN | NU | 45,861 | $376,060 | 0.20% |
| 105 | MCDONALDS CORP | MCD | 1,223 | $371,714 | 0.20% |
| 106 | QUANTUMSCAPE CORP | QS | 30,100 | $370,832 | 0.20% |
| 107 | ENBRIDGE INC | ENNPF | 7,273 | $367,012 | 0.20% |
| 108 | ABBOTT LABS | ABLZF | 2,707 | $362,576 | 0.20% |
| 109 | VIATRIS INC | VTRS | 36,600 | $362,340 | 0.20% |
| 110 | MONDELEZ INTL INC | 609207105 | 5,793 | $361,897 | 0.20% |
| 111 | ANALOG DEVICES INC | ADI | 1,441 | $354,140 | 0.19% |
| 112 | CAPITAL GRP FIXED INCM ETF T | 14020Y201 | 12,944 | $353,242 | 0.19% |
| 113 | GENERAL MLS INC | 370334104 | 6,809 | $343,318 | 0.19% |
| 114 | MOODYS CORP | MCO | 720 | $343,066 | 0.19% |
| 115 | DISNEY WALT CO | 254687106 | 2,982 | $341,454 | 0.18% |
| 116 | KIMBELL RTY PARTNERS LP | 49435R102 | 25,200 | $339,948 | 0.18% |
| 117 | SELECT SECTOR SPDR TR | 81369Y803 | 1,163 | $327,670 | 0.18% |
| 118 | TJX COS INC NEW | 872540109 | 2,249 | $325,119 | 0.18% |
| 119 | BXP INC | BXP | 4,364 | $324,414 | 0.17% |
| 120 | LINCOLN NATL CORP IND | 534187109 | 7,950 | $320,624 | 0.17% |
| 121 | COSTCO WHSL CORP NEW | 22160K105 | 341 | $316,046 | 0.17% |
| 122 | SPDR SERIES TRUST | 78464A763 | 2,215 | $310,232 | 0.17% |
| 123 | AUTOMATIC DATA PROCESSING IN | ADP | 1,049 | $307,796 | 0.17% |
| 124 | UNITEDHEALTH GROUP INC | UNH | 886 | $305,785 | 0.16% |
| 125 | NORFOLK SOUTHN CORP | 655844108 | 1,007 | $302,597 | 0.16% |
| 126 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 5,249 | $299,743 | 0.16% |
| 127 | NATIONAL BANKSHARES INC VA | NBHC | 10,000 | $294,400 | 0.16% |
| 128 | CISCO SYS INC | CSCO | 4,275 | $292,519 | 0.16% |
| 129 | MARATHON PETE CORP | MARA | 1,487 | $286,688 | 0.15% |
| 130 | CAPITAL GRP FIXED INCM ETF T | 14020Y102 | 12,576 | $285,727 | 0.15% |
| 131 | ISHARES TR | 464287168 | 2,009 | $285,479 | 0.15% |
| 132 | SELECT SECTOR SPDR TR | 81369Y886 | 3,239 | $282,473 | 0.15% |
| 133 | NUSHARES ETF TR | NU | 7,861 | $280,559 | 0.15% |
| 134 | MARRIOTT INTL INC NEW | 571903202 | 1,075 | $279,973 | 0.15% |
| 135 | L3HARRIS TECHNOLOGIES INC | LHX | 911 | $278,171 | 0.15% |
| 136 | VANGUARD WORLD FD | 92204A504 | 1,069 | $277,568 | 0.15% |
| 137 | ROYCE SMALL CAP TRUST INC | RVT | 17,192 | $277,307 | 0.15% |
| 138 | RAYMOND JAMES FINL INC | 754730109 | 1,586 | $273,722 | 0.15% |
| 139 | CAPITAL GROUP GROWTH ETF | 14020G101 | 6,158 | $270,481 | 0.15% |
| 140 | PFIZER INC | PFE | 10,463 | $266,597 | 0.14% |
| 141 | ALLSTATE CORP | ALL-PJ | 1,238 | $265,840 | 0.14% |
| 142 | INVESCO EXCH TRADED FD TR II | IVZ | 5,100 | $265,812 | 0.14% |
| 143 | YUM BRANDS INC | YUM | 1,735 | $263,720 | 0.14% |
| 144 | COLGATE PALMOLIVE CO | CL | 3,250 | $259,811 | 0.14% |
| 145 | CONOCOPHILLIPS | COP | 2,721 | $257,379 | 0.14% |
| 146 | CATERPILLAR INC | CAT | 538 | $256,707 | 0.14% |
| 147 | VANGUARD WORLD FD | 921910725 | 3,700 | $256,669 | 0.14% |
| 148 | MERCK & CO INC | MRK | 3,033 | $254,568 | 0.14% |
| 149 | AIR PRODS & CHEMS INC | AIIR | 921 | $251,077 | 0.14% |
| 150 | ROYAL BK CDA | 780087102 | 1,696 | $249,909 | 0.13% |
| 151 | DAVIS FUNDAMENTAL ETF TR | 23908L108 | 5,500 | $248,710 | 0.13% |
| 152 | VANGUARD INDEX FDS | 922908736 | 511 | $245,081 | 0.13% |
| 153 | VISA INC | V | 695 | $237,357 | 0.13% |
| 154 | VANGUARD INDEX FDS | 922908751 | 926 | $235,463 | 0.13% |
| 155 | HONEYWELL INTL INC | 438516106 | 1,109 | $233,407 | 0.13% |
| 156 | REGIONS FINANCIAL CORP NEW | RF-PF | 8,824 | $232,697 | 0.13% |
| 157 | VANGUARD INDEX FDS | 922908629 | 789 | $231,903 | 0.13% |
| 158 | TRANE TECHNOLOGIES PLC | TT | 546 | $230,469 | 0.12% |
| 159 | FREEPORT-MCMORAN INC | FCX | 5,814 | $228,025 | 0.12% |
| 160 | ISHARES TR | 46429B697 | 2,373 | $225,788 | 0.12% |
| 161 | VANGUARD INDEX FDS | 922908744 | 1,209 | $225,466 | 0.12% |
| 162 | AMERICAN ELEC PWR CO INC | 025537101 | 1,977 | $222,407 | 0.12% |
| 163 | ORACLE CORP | ORCL-PD | 786 | $221,076 | 0.12% |
| 164 | EMERSON ELEC CO | EMR | 1,677 | $220,039 | 0.12% |
| 165 | GENERAL DYNAMICS CORP | GD | 636 | $216,820 | 0.12% |
| 166 | AMERICAN EXPRESS CO | AXP | 650 | $215,904 | 0.12% |
| 167 | LINDE PLC | LIN | 449 | $213,501 | 0.12% |
| 168 | STAG INDL INC | 85254J102 | 5,999 | $211,705 | 0.11% |
| 169 | SELECT SECTOR SPDR TR | 81369Y605 | 3,721 | $200,472 | 0.11% |
| 170 | TORTOISE CAPITAL SERIES TRUS | 890930209 | 19,780 | $179,405 | 0.10% |
| 171 | NUVEEN QUALITY MUNCP INCOME | NU | 11,620 | $135,838 | 0.07% |
| 172 | EMPIRE ST RLTY TR INC | 292104106 | 10,500 | $80,430 | 0.04% |
| 173 | ZENTALIS PHARMACEUTICALS INC | ZNTL | 32,070 | $48,426 | 0.03% |