13F HOLDINGS REPORT
Tannin Capital LLC
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0002110834-26-000001
Total Value
$111.8M
Positions
135
Other Managers
0
Confidential Omitted
No
Holdings (135)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 18,392 | $5.0M | 4.47% |
| 2 | JPMORGAN CHASE & CO. | VYLD | 14,961 | $4.8M | 4.31% |
| 3 | VANGUARD INDEX FDS | 922908363 | 5,886 | $3.7M | 3.30% |
| 4 | NVIDIA CORPORATION | NVDA | 19,081 | $3.6M | 3.18% |
| 5 | ALPHABET INC | GOOG | 11,322 | $3.5M | 3.17% |
| 6 | GOLDMAN SACHS GROUP INC | GSCE | 3,119 | $2.7M | 2.45% |
| 7 | VANGUARD INDEX FDS | 922908736 | 5,531 | $2.7M | 2.41% |
| 8 | MICROSOFT CORP | MSFT | 5,412 | $2.6M | 2.34% |
| 9 | ABBVIE INC | ABBV | 11,319 | $2.6M | 2.31% |
| 10 | SPDR S&P 500 ETF TR | SPY | 3,496 | $2.4M | 2.13% |
| 11 | INTERNATIONAL BUSINESS MACHS | INTR | 7,426 | $2.2M | 1.97% |
| 12 | BROADCOM INC | AVGO | 6,001 | $2.1M | 1.86% |
| 13 | VISA INC | V | 5,679 | $2.0M | 1.78% |
| 14 | HOME DEPOT INC | HD | 5,582 | $1.9M | 1.72% |
| 15 | VANGUARD INDEX FDS | 922908769 | 5,344 | $1.8M | 1.60% |
| 16 | VANGUARD INTL EQUITY INDEX F | 922042742 | 12,615 | $1.8M | 1.59% |
| 17 | ISHARES TR | 464287507 | 23,922 | $1.6M | 1.41% |
| 18 | JOHNSON & JOHNSON | JNJ | 7,427 | $1.5M | 1.37% |
| 19 | ISHARES TR | 464287598 | 7,198 | $1.5M | 1.35% |
| 20 | ALPHABET INC | GOOG | 4,616 | $1.4M | 1.30% |
| 21 | EMERSON ELEC CO | EMR | 10,906 | $1.4M | 1.29% |
| 22 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2,831 | $1.4M | 1.27% |
| 23 | AMAZON COM INC | AMZN | 6,042 | $1.4M | 1.25% |
| 24 | META PLATFORMS INC | META | 2,073 | $1.4M | 1.22% |
| 25 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 2,759 | $1.3M | 1.19% |
| 26 | ISHARES TR | 464287614 | 2,618 | $1.2M | 1.11% |
| 27 | WALMART INC | WMT | 10,962 | $1.2M | 1.09% |
| 28 | SPDR INDEX SHS FDS | 78463X889 | 26,718 | $1.2M | 1.06% |
| 29 | CISCO SYS INC | CSCO | 15,292 | $1.2M | 1.05% |
| 30 | BANK AMERICA CORP | 060505104 | 19,778 | $1.1M | 0.97% |
| 31 | SHOPIFY INC | SHOP | 6,574 | $1.1M | 0.95% |
| 32 | CHEVRON CORP NEW | CVX | 6,843 | $1.0M | 0.93% |
| 33 | VANGUARD INDEX FDS | 922908538 | 3,694 | $1.0M | 0.92% |
| 34 | INVESCO EXCH TRADED FD TR II | IVZ | 27,230 | $1.0M | 0.90% |
| 35 | ISHARES TR | 464287671 | 5,813 | $976,270 | 0.87% |
| 36 | EMCOR GROUP INC | EME | 1,579 | $966,016 | 0.86% |
| 37 | CAPITAL ONE FINL CORP | 14040H105 | 3,925 | $951,263 | 0.85% |
| 38 | ISHARES TR | 464287887 | 6,667 | $941,114 | 0.84% |
| 39 | ISHARES TR | 464287606 | 9,689 | $938,670 | 0.84% |
| 40 | VANGUARD WHITEHALL FDS | 921946406 | 6,440 | $924,269 | 0.83% |
| 41 | SOUTHERN CO | SOMN | 10,471 | $913,071 | 0.82% |
| 42 | PEPSICO INC | PEP | 6,173 | $885,949 | 0.79% |
| 43 | PROCTER AND GAMBLE CO | 742718109 | 5,964 | $854,701 | 0.76% |
| 44 | CSX CORP | CSX | 22,973 | $832,771 | 0.74% |
| 45 | SCHWAB STRATEGIC TR | 808524102 | 29,702 | $779,094 | 0.70% |
| 46 | IVANHOE ELECTRIC INC | IE | 48,328 | $772,281 | 0.69% |
| 47 | SPOTIFY TECHNOLOGY S A | SPOT | 1,317 | $764,795 | 0.68% |
| 48 | BOOKING HOLDINGS INC | BKNG | 131 | $701,548 | 0.63% |
| 49 | ISHARES TR | 464287200 | 1,008 | $690,420 | 0.62% |
| 50 | DUKE ENERGY CORP NEW | DUKB | 5,744 | $673,254 | 0.60% |
| 51 | ONEOK INC NEW | OKE | 9,092 | $668,262 | 0.60% |
| 52 | NETFLIX INC | NFLX | 7,054 | $661,383 | 0.59% |
| 53 | VANGUARD WORLD FD | 92204A702 | 859 | $647,497 | 0.58% |
| 54 | TE CONNECTIVITY PLC | TEL | 2,728 | $620,647 | 0.55% |
| 55 | TRACTOR SUPPLY CO | TSCO | 12,370 | $618,624 | 0.55% |
| 56 | TRUIST FINL CORP | 89832Q109 | 12,192 | $599,976 | 0.54% |
| 57 | FEDEX CORP | FDX | 2,042 | $589,723 | 0.53% |
| 58 | FASTENAL CO | FAST | 14,562 | $584,373 | 0.52% |
| 59 | ORACLE CORP | ORCL-PD | 2,906 | $566,408 | 0.51% |
| 60 | COLGATE PALMOLIVE CO | CL | 7,060 | $557,881 | 0.50% |
| 61 | ABBOTT LABS | ABLZF | 4,367 | $547,141 | 0.49% |
| 62 | CIRCLE INTERNET GROUP INC | CRCL | 6,844 | $542,729 | 0.49% |
| 63 | BLACKSTONE INC | BX | 3,448 | $531,475 | 0.48% |
| 64 | HONEYWELL INTL INC | 438516106 | 2,487 | $485,189 | 0.43% |
| 65 | CHUBB LIMITED | CB | 1,539 | $480,353 | 0.43% |
| 66 | FIGMA INC | FIG | 12,804 | $478,485 | 0.43% |
| 67 | INTEL CORP | INTC | 12,818 | $472,984 | 0.42% |
| 68 | COSTCO WHSL CORP NEW | 22160K105 | 543 | $468,251 | 0.42% |
| 69 | SELECT SECTOR SPDR TR | 81369Y605 | 8,532 | $467,298 | 0.42% |
| 70 | SEAGATE TECHNOLOGY HLDNGS PL | SE | 1,673 | $460,727 | 0.41% |
| 71 | EXPEDITORS INTL WASH INC | 302130109 | 3,064 | $456,567 | 0.41% |
| 72 | VANGUARD WORLD FD | 92204A405 | 3,257 | $434,777 | 0.39% |
| 73 | BOSTON SCIENTIFIC CORP | BSX | 4,475 | $426,691 | 0.38% |
| 74 | VANGUARD SPECIALIZED FUNDS | 921908844 | 1,931 | $424,395 | 0.38% |
| 75 | RBC BEARINGS INC | RBC | 936 | $419,730 | 0.38% |
| 76 | SELECT SECTOR SPDR TR | 81369Y209 | 2,668 | $413,006 | 0.37% |
| 77 | BP PLC | BPPFF | 11,845 | $411,377 | 0.37% |
| 78 | SELECT SECTOR SPDR TR | 81369Y308 | 5,279 | $410,073 | 0.37% |
| 79 | RAYMOND JAMES FINL INC | 754730109 | 2,443 | $392,321 | 0.35% |
| 80 | SALESFORCE INC | CRM | 1,476 | $391,007 | 0.35% |
| 81 | MERCADOLIBRE INC | MELI | 189 | $380,695 | 0.34% |
| 82 | CATERPILLAR INC | CAT | 664 | $380,386 | 0.34% |
| 83 | IQVIA HLDGS INC | IQV | 1,671 | $376,660 | 0.34% |
| 84 | STRYKER CORPORATION | SYK | 1,057 | $371,504 | 0.33% |
| 85 | DISNEY WALT CO | 254687106 | 3,257 | $370,549 | 0.33% |
| 86 | ELI LILLY & CO | LLY | 340 | $365,391 | 0.33% |
| 87 | UNITEDHEALTH GROUP INC | UNH | 1,053 | $347,606 | 0.31% |
| 88 | WATTS WATER TECHNOLOGIES INC | WTS | 1,243 | $343,093 | 0.31% |
| 89 | CASEYS GEN STORES INC | 147528103 | 599 | $331,073 | 0.30% |
| 90 | BWX TECHNOLOGIES INC | BWXT | 1,914 | $330,816 | 0.30% |
| 91 | SCHWAB STRATEGIC TR | 808524300 | 10,123 | $330,212 | 0.30% |
| 92 | AMERICAN EXPRESS CO | AXP | 875 | $323,706 | 0.29% |
| 93 | NATERA INC | NTRA | 1,369 | $313,624 | 0.28% |
| 94 | MANHATTAN ASSOCIATES INC | MANH | 1,804 | $312,651 | 0.28% |
| 95 | AT&T INC | T-PC | 12,329 | $306,252 | 0.27% |
| 96 | UBER TECHNOLOGIES INC | UBER | 3,654 | $298,568 | 0.27% |
| 97 | SELECT SECTOR SPDR TR | 81369Y704 | 1,919 | $297,675 | 0.27% |
| 98 | PFIZER INC | PFE | 11,376 | $283,262 | 0.25% |
| 99 | GRACO INC | GGG | 3,416 | $280,010 | 0.25% |
| 100 | SELECT SECTOR SPDR TR | 81369Y100 | 6,132 | $278,086 | 0.25% |
| 101 | VERTEX PHARMACEUTICALS INC | VRTX | 609 | $276,096 | 0.25% |
| 102 | SIMPSON MFG INC | 829073105 | 1,696 | $273,853 | 0.24% |
| 103 | MCDONALDS CORP | MCD | 895 | $273,539 | 0.24% |
| 104 | LOWES COS INC | 548661107 | 1,100 | $265,276 | 0.24% |
| 105 | TELEDYNE TECHNOLOGIES INC | TDY | 516 | $263,537 | 0.24% |
| 106 | BROADRIDGE FINL SOLUTIONS IN | 11133T103 | 1,176 | $262,448 | 0.23% |
| 107 | SYMBOTIC INC | SYM | 4,235 | $251,983 | 0.23% |
| 108 | ANALOG DEVICES INC | ADI | 922 | $250,046 | 0.22% |
| 109 | PRIMERICA INC | PRI | 955 | $246,734 | 0.22% |
| 110 | OLD DOMINION FREIGHT LINE IN | ODFL | 1,568 | $245,862 | 0.22% |
| 111 | DONALDSON INC | DCI | 2,755 | $244,258 | 0.22% |
| 112 | USA RARE EARTH INC | USAR | 20,436 | $243,188 | 0.22% |
| 113 | HUBBELL INC | HUBB | 544 | $241,596 | 0.22% |
| 114 | VANGUARD SCOTTSDALE FDS | 92206C680 | 1,978 | $240,814 | 0.22% |
| 115 | OCEANEERING INTL INC | 675232102 | 9,964 | $239,435 | 0.21% |
| 116 | QUALCOMM INC | QCOM | 1,396 | $238,786 | 0.21% |
| 117 | MORGAN STANLEY | MS-PQ | 1,328 | $235,760 | 0.21% |
| 118 | SELECT SECTOR SPDR TR | 81369Y803 | 1,621 | $233,329 | 0.21% |
| 119 | ISHARES TR | 464287465 | 2,428 | $233,183 | 0.21% |
| 120 | KKR & CO INC | KKRT | 1,813 | $231,121 | 0.21% |
| 121 | FTI CONSULTING INC | FCN | 1,348 | $230,279 | 0.21% |
| 122 | UNITED PARCEL SERVICE INC | UPS | 2,317 | $229,823 | 0.21% |
| 123 | GEOSPACE TECHNOLOGIES CORP | GEOS | 13,545 | $229,046 | 0.20% |
| 124 | STARBUCKS CORP | SBUX | 2,652 | $223,325 | 0.20% |
| 125 | GARMIN LTD | GRMN | 1,091 | $221,309 | 0.20% |
| 126 | SNOWFLAKE INC | SNOW | 985 | $216,070 | 0.19% |
| 127 | ISHARES TR | 464287309 | 1,701 | $209,665 | 0.19% |
| 128 | CARRIER GLOBAL CORPORATION | CARR | 3,966 | $209,563 | 0.19% |
| 129 | INTUIT | INTU | 313 | $207,337 | 0.19% |
| 130 | MERCK & CO INC | MRK | 1,934 | $203,539 | 0.18% |
| 131 | NEXTERA ENERGY INC | NEE-PW | 2,520 | $202,336 | 0.18% |
| 132 | INVESCO EXCHANGE TRADED FD T | IVZ | 1,050 | $201,138 | 0.18% |
| 133 | ARS PHARMACEUTICALS INC | SPRY | 13,066 | $152,219 | 0.14% |
| 134 | TOPGOLF CALLAWAY BRANDS CORP | 131193104 | 12,240 | $142,841 | 0.13% |
| 135 | REDWOOD TRUST INC | RWTQ | 12,483 | $69,031 | 0.06% |