Institutional Manager · CIK 0000822648

CALTON & ASSOCIATES, INC.

Tampa, FL · File #028-18259

Latest AUM

$680.9M

Positions

446

Top-10 Concentration

46.5%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
EXITED	SPDR S&P 500 ETF TR	78462F103	-30,925	-$20.6M	$0
NEW	WISDOMTREE TR	WT	+295,820	+$14.9M	$0
EXITED	NVIDIA CORPORATION	67066G104	-57,478	-$10.7M	$0
NEW	CAPITAL GROUP GROWTH ETF	14020G101	+126,702	+$5.6M	$0
ADD	SELECT SECTOR SPDR TR	81369Y803	+35,410	+$5.1M	-$5.0M
EXITED	J P MORGAN EXCHANGE TRADED F	46641Q332	-79,767	-$4.6M	$0
EXITED	SELECT SECTOR SPDR TR	81369Y209	-29,256	-$4.1M	$0
EXITED	SPDR GOLD TR	78463V107	-10,674	-$3.8M	$0
EXITED	LOCKHEED MARTIN CORP	539830109	-5,343	-$2.7M	$0
NEW	BLUEROCK PVT REAL ESTATE FD	09631P102	+174,471	+$2.6M	$0

Sector Allocation

Financials

14.1%$95.8M

Technology

6.1%$41.8M

Healthcare

1.8%$12.3M

Consumer Discretionary

1.5%$10.0M

1.4%$9.5M

1.0%$6.6M

0.8%$5.8M

0.8%$5.6M

Communication Services

0.6%$4.4M

Utilities

0.6%$4.0M

Real Estate

0.2%$1.6M

Filing History

Feb 10, 202613F HOLDINGS REPORTQ/E Dec 2025446 pos · $680.9M
Nov 7, 202513F HOLDINGS REPORTQ/E Sep 2025425 pos · $666.2M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025385 pos · $578.4M
May 15, 202513F HOLDINGS REPORT (Amended)Q/E Mar 2025340 pos · $438.4M
May 5, 202513F HOLDINGS REPORTQ/E Mar 2025340 pos · $438.7M
Jan 23, 202513F HOLDINGS REPORTQ/E Dec 2024193 pos · $226.3M
Oct 21, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024241 pos · $261.7M
Oct 18, 202413F HOLDINGS REPORTQ/E Sep 2024242 pos · $257.0M
Jul 19, 202413F HOLDINGS REPORTQ/E Jun 2024188 pos · $199.8M
Apr 16, 202413F HOLDINGS REPORTQ/E Mar 2024189 pos · $205.2M
Nov 1, 202313F HOLDINGS REPORTQ/E Dec 2023101 pos · $68.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	INVESCO QQQ TR	IVZ	59,371	$36.5M	9.02%
2	NORTHERN LTS FD TR II	NTRSO	1,042,546	$30.1M	7.45%
3	SPDR SERIES TRUST	78464A854	276,471	$22.2M	5.48%
4	APPLE INC	AAPL	67,782	$18.4M	4.56%
5	FIDELITY COVINGTON TRUST	316092840	316,268	$17.9M	4.43%
6	WISDOMTREE TR	WT	295,820	$14.9M	3.68%
7	SCHWAB STRATEGIC TR	808524300	376,500	$12.3M	3.04%
8	SPDR SERIES TRUST	78468R663	131,171	$12.0M	2.96%
9	INVESCO ACTIVELY MANAGED EXC	IVZ	474,144	$11.9M	2.94%
10	VANGUARD WORLD FD	92204A405	88,282	$11.8M	2.91%
11	VANGUARD INDEX FDS	922908736	23,767	$11.6M	2.87%
12	SELECT SECTOR SPDR TR	81369Y803	71,556	$10.3M	2.55%
13	DBX ETF TR	233051200	213,932	$10.3M	2.54%
14	SPDR SERIES TRUST	78468R200	307,017	$9.4M	2.33%
15	VANGUARD WORLD FD	921910873	37,416	$9.4M	2.32%
16	SPDR SERIES TRUST	78468R523	90,461	$9.0M	2.22%
17	VANGUARD WORLD FD	92204A504	28,287	$8.1M	2.01%
18	PACER FDS TR	69374H881	127,981	$7.7M	1.90%
19	INVESCO EXCH TRADED FD TR II	IVZ	30,416	$7.7M	1.90%
20	VANGUARD INDEX FDS	922908363	11,290	$7.1M	1.75%