Institutional Manager · CIK 0001952722

SWAN Capital LLC

PENSACOLA, FL · File #028-23261

Latest AUM

$257.1M

Positions

513

Top-10 Concentration

60.3%

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	VANGUARD WHITEHALL FDS	921946406	+12,986	+$1.9M	+$189,218
ADD	VANGUARD MALVERN FDS	922020805	+32,371	+$1.6M	-$266,446
ADD	ISHARES TR	464288687	+51,281	+$1.6M	-$236,190
ADD	VANGUARD INDEX FDS	922908553	+17,352	+$1.5M	-$536,678
ADD	VANGUARD SCOTTSDALE FDS	92206C813	+19,873	+$1.5M	-$472,115
REDUCE	VANGUARD WORLD FD	92204A702	-1,977	-$1.5M	+$132,574
ADD	VANGUARD SPECIALIZED FUNDS	921908844	+6,550	+$1.4M	+$210,928
ADD	VANGUARD WORLD FD	92204A306	+10,984	+$1.4M	+$4,961
ADD	VANGUARD WORLD FD	92204A876	+5,839	+$1.1M	-$245,489
ADD	VANGUARD WHITEHALL FDS	921946885	+14,245	+$960,542	+$43,909

Sector Allocation

Technology

2.3%$6.0M

Consumer Discretionary

0.7%$1.9M

0.7%$1.7M

0.4%$1.1M

0.4%$1.1M

0.4%$956,623

0.2%$540,483

0.2%$488,773

Communication Services

0.1%$312,662

Materials

0.0%$95,982

Real Estate

0.0%$24,476

Filing History

Feb 12, 202613F HOLDINGS REPORTQ/E Dec 2025513 pos · $257.1M
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 2025492 pos · $246.6M
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 2025480 pos · $230.2M
May 23, 202513F HOLDINGS REPORTQ/E Mar 2025384 pos · $216.5M
Feb 25, 202513F HOLDINGS REPORTQ/E Dec 2024381 pos · $205.0M
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 2024345 pos · $203.2M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 2024308 pos · $183.6M
Apr 30, 202413F HOLDINGS REPORTQ/E Mar 202435 pos · $175.9M
Oct 19, 202313F HOLDINGS REPORTQ/E Dec 202331 pos · $125.4M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD WHITEHALL FDS	921946794	287,539	$25.9M	10.28%
2	VANGUARD SCOTTSDALE FDS	92206C813	282,137	$21.4M	8.50%
3	VANGUARD INDEX FDS	922908553	200,514	$17.7M	7.05%
4	VANGUARD SPECIALIZED FUNDS	921908844	59,439	$13.1M	5.19%
5	VANGUARD MALVERN FDS	922020805	260,105	$12.9M	5.11%
6	ISHARES TR	464288687	409,140	$12.7M	5.03%
7	VANGUARD WORLD FD	92204A702	16,613	$12.5M	4.97%
8	VANGUARD WHITEHALL FDS	921946406	86,600	$12.4M	4.94%
9	VANGUARD WORLD FD	92204A306	93,608	$11.8M	4.68%
10	VANGUARD WORLD FD	92204A876	62,019	$11.5M	4.56%
11	BERKSHIRE HATHAWAY INC DEL	BRK-A	20,988	$10.5M	4.19%
12	VANGUARD INDEX FDS	922908595	30,519	$9.2M	3.66%
13	VANGUARD SCOTTSDALE FDS	92206C680	75,155	$9.2M	3.64%
14	VANGUARD WHITEHALL FDS	921946810	99,755	$9.1M	3.62%
15	VANGUARD INDEX FDS	922908538	31,979	$8.9M	3.55%
16	VANGUARD INDEX FDS	922908512	45,826	$8.1M	3.23%
17	VANGUARD INDEX FDS	922908611	38,020	$8.1M	3.20%
18	VANGUARD WHITEHALL FDS	921946885	97,079	$6.5M	2.60%
19	VANGUARD SCOTTSDALE FDS	92206C714	70,457	$6.5M	2.58%
20	VANGUARD INTL EQUITY INDEX F	922042718	37,490	$5.4M	2.13%