Institutional Manager · CIK 0001582732

Capital Investment Advisors, LLC

ATLANTA, GA · File #028-15763

Latest AUM

$6.57B

Positions

735

Top-10 Concentration

42.5%

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
ADD	ISHARES TR	464287200	+103,743	+$71.1M	+$1.2M
ADD	SELECT SECTOR SPDR TR	81369Y506	+1,392,995	+$62.3M	-$4.0M
EXITED	ISHARES TR	46436E866	-2,379,201	-$55.6M	$0
REDUCE	SELECT SECTOR SPDR TR	81369Y605	-946,287	-$51.8M	+$1.9M
ADD	SELECT SECTOR SPDR TR	81369Y803	+270,520	+$38.9M	-$37.6M
ADD	SPDR SERIES TRUST	78464A672	+1,027,824	+$29.6M	-$598
ADD	ISHARES TR	46432F842	+280,273	+$25.1M	+$84,167
ADD	ISHARES TR	464287242	+226,769	+$25.0M	-$66,528
ADD	GLOBAL X FDS	37960A438	+194,179	+$19.4M	-$162,782
EXITED	ISHARES TR	46434VBD1	-718,061	-$18.1M	$0

Sector Allocation

8.0%$524.9M

4.7%$306.6M

3.7%$244.7M

3.4%$221.3M

Consumer Discretionary

3.0%$194.3M

Energy

1.9%$124.4M

Consumer Staples

1.7%$109.8M

Utilities

1.1%$72.0M

Communication Services

0.8%$55.7M

Real Estate

0.3%$17.7M

Materials

0.1%$10.0M

Filing History

Jan 13, 202613F HOLDINGS REPORTQ/E Dec 2025735 pos · $6.57B
Oct 23, 202513F HOLDINGS REPORTQ/E Sep 2025731 pos · $6.09B
Jul 17, 202513F HOLDINGS REPORT (Amended)Q/E Jun 2025702 pos · $5.58B
Jul 15, 202513F HOLDINGS REPORTQ/E Jun 202592 pos · $91.0M
Apr 14, 202513F HOLDINGS REPORTQ/E Mar 2025682 pos · $5.11B
Jan 13, 202513F HOLDINGS REPORTQ/E Dec 2024670 pos · $4.91B
Oct 17, 202413F HOLDINGS REPORTQ/E Sep 2024666 pos · $4.86B
Jul 12, 202413F HOLDINGS REPORTQ/E Jun 2024650 pos · $4.42B
Apr 15, 202413F HOLDINGS REPORTQ/E Mar 2024686 pos · $4.30B
Oct 16, 202313F HOLDINGS REPORTQ/E Dec 2023601 pos · $3.61B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	46434V621	8,339,921	$579.0M	13.06%
2	ISHARES TR	46434V456	5,785,620	$263.0M	5.93%
3	FIRST TR EXCHANGE-TRADED FD	33741X102	4,375,623	$167.7M	3.78%
4	FIRST TR EXCHANGE-TRADED FD	33738D101	4,189,659	$158.7M	3.58%
5	ALPHABET INC	GOOG	420,864	$131.7M	2.97%
6	APPLE INC	AAPL	475,784	$129.3M	2.92%
7	ISHARES TR	464287200	181,699	$124.5M	2.81%
8	SELECT SECTOR SPDR TR	81369Y209	755,290	$116.9M	2.64%
9	VANECK ETF TRUST	92189F437	3,657,979	$107.4M	2.42%
10	MICROSOFT CORP	MSFT	214,069	$103.5M	2.34%
11	ISHARES TR	46435U515	3,631,034	$92.4M	2.09%
12	JOHNSON & JOHNSON	JNJ	446,405	$92.4M	2.08%
13	HOME DEPOT INC	HD	256,087	$88.1M	1.99%
14	ISHARES TR	46436E205	3,722,161	$87.1M	1.97%
15	ISHARES TR	46436E726	3,912,881	$86.4M	1.95%
16	VANECK ETF TRUST	92189H748	1,563,732	$82.6M	1.86%
17	ISHARES TR	46436E312	3,171,614	$81.0M	1.83%
18	NVIDIA CORPORATION	NVDA	423,102	$78.9M	1.78%
19	SELECT SECTOR SPDR TR	81369Y803	542,905	$78.2M	1.76%
20	ISHARES TR	46436E486	3,647,613	$77.1M	1.74%