Institutional Manager · CIK 0001738560

ISLAY CAPITAL MANAGEMENT, LLC

Lubbock, TX · File #028-19845

Latest AUM

$170.1M

Positions

216

Top-10 Concentration

43.6%

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
REDUCE	SCHWAB STRATEGIC TR	808524102	-113,701	-$3.0M	+$137,726
EXITED	OCCIDENTAL PETE CORP	674599105	-53,543	-$2.5M	$0
ADD	ISHARES TR	464288281	+13,931	+$1.3M	+$8,680
ADD	ANGEL OAK FUNDS TRUST	03463K760	+61,950	+$1.3M	-$2,298
ADD	PIMCO ETF TR	72201R817	+13,026	+$1.3M	-$37,649
REDUCE	AMERICAN CENTY ETF TR	025072877	-10,730	-$1.1M	+$193,247
ADD	DOLLAR GEN CORP NEW	256677105	+7,610	+$1.0M	+$1,470
EXITED	SPDR S&P 500 ETF TR	78462F103	-1,500	-$999,270	$0
NEW	SCIENCE APPLICATIONS INTL CO	808625107	+9,646	+$970,966	$0
NEW	REINSURANCE GRP OF AMERICA I	759351604	+4,377	+$890,544	$0

Sector Allocation

Financials

10.6%$18.0M

Technology

7.8%$13.2M

Energy

4.3%$7.4M

Consumer Discretionary

4.1%$6.9M

Healthcare

3.9%$6.6M

Industrials

2.5%$4.3M

Consumer Staples

1.7%$2.9M

Communication Services

0.6%$957,126

Utilities

0.2%$300,386

Materials

0.0%$80,314

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 2025216 pos · $170.1M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 2025217 pos · $174.9M
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 2025202 pos · $155.1M
May 14, 202513F HOLDINGS REPORTQ/E Mar 2025185 pos · $148.1M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 2024206 pos · $144.0M
Nov 7, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024209 pos · $149.1M
Nov 7, 202413F HOLDINGS REPORTQ/E Sep 2024210 pos · $149.1M
Aug 13, 202413F HOLDINGS REPORTQ/E Jun 2024199 pos · $139.1M
May 14, 202413F HOLDINGS REPORTQ/E Mar 2024200 pos · $134.3M
Nov 2, 202313F HOLDINGS REPORTQ/E Dec 2023216 pos · $119.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SCHWAB STRATEGIC TR	808524797	387,107	$10.6M	7.33%
2	ANGEL OAK FUNDS TRUST	03463K752	152,077	$7.8M	5.37%
3	AMERICAN CENTY ETF TR	025072877	68,153	$7.0M	4.80%
4	INVESCO EXCHANGE TRADED FD T	IVZ	139,568	$6.4M	4.38%
5	PIMCO ETF TR	72201R817	61,921	$6.1M	4.18%
6	SPDR SERIES TRUST	78468R663	65,231	$6.0M	4.11%
7	APPLE INC	AAPL	19,358	$5.3M	3.63%
8	BERKSHIRE HATHAWAY INC DEL	BRK-A	9,682	$4.9M	3.36%
9	SCHWAB STRATEGIC TR	808524862	194,627	$4.7M	3.27%
10	EA SERIES TRUST	02072L607	88,761	$4.6M	3.14%
11	MICROSOFT CORP	MSFT	8,613	$4.2M	2.88%
12	ISHARES INC	46434G103	60,033	$4.0M	2.79%
13	SCHWAB STRATEGIC TR	808524102	151,153	$4.0M	2.74%
14	CASEYS GEN STORES INC	147528103	6,145	$3.4M	2.34%
15	AMAZON COM INC	AMZN	14,613	$3.4M	2.33%
16	INVESCO EXCH TRADED FD TR II	IVZ	176,513	$3.3M	2.27%
17	ALPHABET INC	GOOG	9,439	$3.0M	2.04%
18	WELLS FARGO CO NEW	949746101	31,072	$2.9M	2.00%
19	ISHARES TR	46432F842	32,002	$2.9M	1.98%
20	CENCORA INC	COR	7,987	$2.7M	1.86%