FULL SAIL CAPITAL, LLC

Filed: 8/14/2025ACC: 0001765380-25-000376

📋 What this filing means

FULL SAIL CAPITAL, LLC filed this quarterly 13F‑HR report disclosing 237 equity positions with a total reported market value of $1.73B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

237

Positions

$1.73B

Total AUM (reported)

21.82M

Total Shares

Allocation by class

CORE MSCI EAFE$99.59M5.7%

COM$79.83M4.6%

CORE S&P MCP ETF$79.15M4.6%

MSCI INFO TECH I$75.12M4.3%

CORE MSCI EMKT$71.23M4.1%

US EQT ETF$66.74M3.9%

TAX EXEMPT BD$65.78M3.8%

Portfolio Concentration

Top 3$253.87M14.7%

4–10$419.03M24.2%

11–25$508.76M29.4%

Rest$550.63M31.8%

Top 3 weight

14.7%

Top 10 weight

38.8%

Voting Authority Distribution

Total shares with voting rights: 21.82M

Sole

Full voting authority

716.34K

% of voting shares3.3%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

21.10M

% of voting shares96.7%

Investment Discretion (by position count)

Sole155

Shared0

Other82

Dominant voting typeNone · 96.7% of voting shares

Institutional Holdings237

Rows:

ISHARES TR

DFND

CORE MSCI EAFE

Shares1.19M

TypeSH

Market value$99.59M

5.75%

Sole

11.97K

Shared

0.00

None

1.18M

ISHARES TR

DFND

CORE S&P MCP ETF

Shares1.28M

TypeSH

Market value$79.15M

4.57%

Sole

13.34K

Shared

0.00

None

1.26M

FIDELITY COVINGTON TRUST

DFND

MSCI INFO TECH I

Shares380.91K

TypeSH

Market value$75.12M

4.34%

Sole

0.00

Shared

0.00

None

380.91K

ISHARES INC

DFND

CORE MSCI EMKT

Shares1.19M

TypeSH

Market value$71.23M

4.11%

Sole

12.25K

Shared

0.00

None

1.17M

AMERICAN CENTY ETF TR

DFND

US EQT ETF

Shares661.94K

TypeSH

Market value$66.74M

3.85%

Sole

4.41K

Shared

0.00

None

657.53K

VANGUARD MUN BD FDS

DFND

TAX EXEMPT BD

Shares1.34M

TypeSH

Market value$65.78M

3.80%

Sole

0.00

Shared

0.00

None

1.34M

SELECT SECTOR SPDR TR

DFND

TECHNOLOGY

Shares248.16K

TypeSH

Market value$62.84M

3.63%

Sole

15.19K

Shared

0.00

None

232.97K

ISHARES TR

DFND

CORE S&P SCP ETF

Shares542.36K

TypeSH

Market value$59.27M

3.42%

Sole

5.81K

Shared

0.00

None

536.55K

VANGUARD TAX-MANAGED FDS

DFND

VAN FTSE DEV MKT

Shares823.34K

TypeSH

Market value$46.94M

2.71%

Sole

32.51K

Shared

0.00

None

790.84K

SCHWAB STRATEGIC TR

DFND

US TIPS ETF

Shares1.73M

TypeSH

Market value$46.22M

2.67%

Sole

47.35K

Shared

0.00

None

1.69M

VANGUARD WORLD FD

SOLE

INF TECH ETF

Shares65.65K

TypeSH

Market value$43.55M

2.51%

Sole

0.00

Shared

0.00

None

65.65K

ISHARES TR

DFND

CORE US AGGBD ET

Shares429.25K

TypeSH

Market value$42.58M

2.46%

Sole

0.00

Shared

0.00

None

429.25K

VANGUARD INTL EQUITY INDEX F

DFND

FTSE SMCAP ETF

Shares311.51K

TypeSH

Market value$41.86M

2.42%

Sole

8.73K

Shared

0.00

None

302.78K

SELECT SECTOR SPDR TR

DFND

FINANCIAL

Shares781.19K

TypeSH

Market value$40.91M

2.36%

Sole

31.58K

Shared

0.00

None

749.61K

SELECT SECTOR SPDR TR

DFND

SBI CONS DISCR

Shares181.06K

TypeSH

Market value$39.35M

2.27%

Sole

5.61K

Shared

0.00

None

175.45K

ISHARES TR

DFND

NATIONAL MUN ETF

Shares364.64K

TypeSH

Market value$38.10M

2.20%

Sole

0.00

Shared

0.00

None

364.64K

SELECT SECTOR SPDR TR

DFND

INDL

Shares226.87K

TypeSH

Market value$33.47M

1.93%

Sole

7.15K

Shared

0.00

None

219.72K

ISHARES TR

DFND

0-3 MNTH TREASRY

Shares327.53K

TypeSH

Market value$32.98M

1.90%

Sole

2.51K

Shared

0.00

None

325.02K

VANGUARD INTL EQUITY INDEX F

DFND

FTSE EMR MKT ETF

Shares653.30K

TypeSH

Market value$32.31M

1.87%

Sole

27.48K

Shared

0.00

None

625.81K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares110.27K

TypeSH

Market value$30.86M

1.78%

Sole

5.60K

Shared

0.00

None

104.67K

VANGUARD SCOTTSDALE FDS

DFND

INT-TERM CORP

Shares366.24K

TypeSH

Market value$30.37M

1.75%

Sole

7.68K

Shared

0.00

None

358.56K

GLOBAL X FDS

DFND

US PFD ETF

Shares1.40M

TypeSH

Market value$26.29M

1.52%

Sole

8.71K

Shared

0.00

None

1.39M

SELECT SECTOR SPDR TR

DFND

SBI HEALTHCARE

Shares192.81K

TypeSH

Market value$25.99M

1.50%

Sole

8.65K

Shared

0.00

None

184.16K

VANGUARD CHARLOTTE FDS

DFND

TOTAL INT BD ETF

Shares516.30K

TypeSH

Market value$25.56M

1.48%

Sole

12.67K

Shared

0.00

None

503.63K

SPDR SERIES TRUST

DFND

BLOOMBERG 1-3 MO

Shares268.02K

TypeSH

Market value$24.59M

1.42%

Sole

70.50K

Shared

0.00

None

197.53K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
ISHARES TRDFND	CORE MSCI EAFE	1.19M	SH	$99.59M 5.75%	11.97K	1.18M
ISHARES TRDFND	CORE S&P MCP ETF	1.28M	SH	$79.15M 4.57%	13.34K	1.26M
FIDELITY COVINGTON TRUSTDFND	MSCI INFO TECH I	380.91K	SH	$75.12M 4.34%	0.00	380.91K
ISHARES INCDFND	CORE MSCI EMKT	1.19M	SH	$71.23M 4.11%	12.25K	1.17M
AMERICAN CENTY ETF TRDFND	US EQT ETF	661.94K	SH	$66.74M 3.85%	4.41K	657.53K
VANGUARD MUN BD FDSDFND	TAX EXEMPT BD	1.34M	SH	$65.78M 3.80%	0.00	1.34M
SELECT SECTOR SPDR TRDFND	TECHNOLOGY	248.16K	SH	$62.84M 3.63%	15.19K	232.97K
ISHARES TRDFND	CORE S&P SCP ETF	542.36K	SH	$59.27M 3.42%	5.81K	536.55K
VANGUARD TAX-MANAGED FDSDFND	VAN FTSE DEV MKT	823.34K	SH	$46.94M 2.71%	32.51K	790.84K
SCHWAB STRATEGIC TRDFND	US TIPS ETF	1.73M	SH	$46.22M 2.67%	47.35K	1.69M
VANGUARD WORLD FDSOLE	INF TECH ETF	65.65K	SH	$43.55M 2.51%	0.00	65.65K
ISHARES TRDFND	CORE US AGGBD ET	429.25K	SH	$42.58M 2.46%	0.00	429.25K
VANGUARD INTL EQUITY INDEX FDFND	FTSE SMCAP ETF	311.51K	SH	$41.86M 2.42%	8.73K	302.78K
SELECT SECTOR SPDR TRDFND	FINANCIAL	781.19K	SH	$40.91M 2.36%	31.58K	749.61K
SELECT SECTOR SPDR TRDFND	SBI CONS DISCR	181.06K	SH	$39.35M 2.27%	5.61K	175.45K
ISHARES TRDFND	NATIONAL MUN ETF	364.64K	SH	$38.10M 2.20%	0.00	364.64K
SELECT SECTOR SPDR TRDFND	INDL	226.87K	SH	$33.47M 1.93%	7.15K	219.72K
ISHARES TRDFND	0-3 MNTH TREASRY	327.53K	SH	$32.98M 1.90%	2.51K	325.02K
VANGUARD INTL EQUITY INDEX FDFND	FTSE EMR MKT ETF	653.30K	SH	$32.31M 1.87%	27.48K	625.81K
VANGUARD INDEX FDSSOLE	MID CAP ETF	110.27K	SH	$30.86M 1.78%	5.60K	104.67K
VANGUARD SCOTTSDALE FDSDFND	INT-TERM CORP	366.24K	SH	$30.37M 1.75%	7.68K	358.56K
GLOBAL X FDSDFND	US PFD ETF	1.40M	SH	$26.29M 1.52%	8.71K	1.39M
SELECT SECTOR SPDR TRDFND	SBI HEALTHCARE	192.81K	SH	$25.99M 1.50%	8.65K	184.16K
VANGUARD CHARLOTTE FDSDFND	TOTAL INT BD ETF	516.30K	SH	$25.56M 1.48%	12.67K	503.63K
SPDR SERIES TRUSTDFND	BLOOMBERG 1-3 MO	268.02K	SH	$24.59M 1.42%	70.50K	197.53K

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