Institutional Manager · CIK 0001624758

Capital Analysts, LLC

FORT WASHINGTON, PA · File #028-16292

Latest AUM

$3.3M

Positions

1,975

Top-10 Concentration

48.9%

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	46432F842	+948,241	+$84,830	+$308
ADD	FIDELITY MERRIMACK STR TR	316188309	+1,520,077	+$69,985	-$63
ADD	FLEXSHARES TR	FLEX	+2,137,274	+$51,220	-$82
ADD	J P MORGAN EXCHANGE TRADED F	46641Q670	+1,072,564	+$50,785	-$32
ADD	FIDELITY COVINGTON TRUST	31609A503	+1,338,468	+$48,693	+$48
ADD	ISHARES INC	46434G103	+719,859	+$48,389	+$173
ADD	FRANKLIN TEMPLETON ETF TR	FGDL	+1,003,321	+$39,019	+$310
REDUCE	VANGUARD BD INDEX FDS	921937827	-365,976	-$28,838	-$43
REDUCE	SPDR SERIES TRUST	78464A375	-794,318	-$26,855	-$102
ADD	FIDELITY COVINGTON TRUST	31609A206	+670,170	+$25,319	+$8

Sector Allocation

8.1%$264,886

5.2%$171,281

2.3%$74,589

2.2%$73,136

1.2%$40,270

Consumer Discretionary

1.1%$35,299

Consumer Staples

0.9%$30,683

Materials

0.8%$26,106

Communication Services

0.4%$13,343

Real Estate

0.2%$8,049

Utilities

0.1%$3,225

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 20251,975 pos · $3.3M
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 20252,122 pos · $3.4M
Aug 13, 202513F HOLDINGS REPORTQ/E Jun 20251,786 pos · $3.0M
May 14, 202513F HOLDINGS REPORTQ/E Mar 20251,745 pos · $2.7M
Feb 14, 202513F HOLDINGS REPORTQ/E Dec 20241,653 pos · $2.5M
Nov 13, 202413F HOLDINGS REPORTQ/E Sep 20241,587 pos · $2.5M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 20241,464 pos · $2.3M
May 14, 202413F HOLDINGS REPORTQ/E Mar 20241,376 pos · $2.1M
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 20231,424 pos · $1.8M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A854	3,163,343	$253,763	14.52%
2	ISHARES TR	46432F842	1,091,659	$97,660	5.59%
3	FIDELITY MERRIMACK STR TR	316188309	1,833,551	$84,417	4.83%
4	ISHARES TR	464287200	116,852	$80,036	4.58%
5	J P MORGAN EXCHANGE TRADED F	46641Q670	1,237,159	$58,579	3.35%
6	FLEXSHARES TR	FLEX	2,404,513	$57,624	3.30%
7	ISHARES INC	46434G103	853,271	$57,357	3.28%
8	FIDELITY COVINGTON TRUST	31609A503	1,544,342	$56,183	3.22%
9	ISHARES TR	464287200	81,167	$55,595	3.18%
10	SPDR SERIES TRUST	78464A854	653,552	$52,428	3.00%
11	SPDR SERIES TRUST	78468R606	2,022,545	$47,874	2.74%
12	FRANKLIN TEMPLETON ETF TR	FGDL	1,199,256	$46,639	2.67%
13	SPDR SERIES TRUST	78464A375	1,254,313	$42,408	2.43%
14	ISHARES TR	464287150	277,575	$41,273	2.36%
15	BLACKROCK ETF TRUST	BLK	499,891	$30,398	1.74%
16	ISHARES TR	464287101	86,742	$29,750	1.70%
17	MICROSOFT CORP	MSFT	56,361	$27,257	1.56%
18	VICTORY PORTFOLIOS II	92647N535	528,129	$26,850	1.54%
19	MICROSOFT CORP	MSFT	55,422	$26,803	1.53%
20	GOLDMAN SACHS GROUP INC	GSCE	30,474	$26,786	1.53%