Filed: 11/25/2025ACC: 0001085146-25-006010
📋 What this filing means
PAYNE CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 71 equity positions with a total reported market value of $234.56M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
71
Positions
$234.56M
Total AUM (reported)
5.28M
Total Shares
Allocation by class
INTL EQTY ETF$27.32M11.6%
GLB X MLP ENRG I$22.37M9.5%
FTSE EMR MKT ETF$15.89M6.8%
COM$14.81M6.3%
BBRG ALL COMD K1$14.36M6.1%
VAN FTSE DEV MKT$13.38M5.7%
US LCAP GR ETF$13.13M5.6%
Portfolio Concentration
Top 3$65.58M28.0%
4–10$84.03M35.8%
11–25$65.72M28.0%
Rest$19.23M8.2%
Top 3 weight
28.0%
Top 10 weight
63.8%
Voting Authority Distribution
Total shares with voting rights: 5.28M
Sole
Full voting authority
5.28M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole71
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings71
Rows:
SCHWAB STRATEGIC TR
SOLEShares1.38M
TypeSH
Market value$27.32M
11.65%
Sole
1.38M
Shared
0.00
None
0.00
GLOBAL X FDS
SOLEShares350.64K
TypeSH
Market value$22.37M
9.54%
Sole
350.64K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares351.12K
TypeSH
Market value$15.89M
6.77%
Sole
351.12K
Shared
0.00
None
0.00
ABRDN ETFS
SOLEShares668.95K
TypeSH
Market value$14.36M
6.12%
Sole
668.95K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares263.24K
TypeSH
Market value$13.38M
5.70%
Sole
263.24K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares524.49K
TypeSH
Market value$13.13M
5.60%
Sole
524.49K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares462.77K
TypeSH
Market value$12.30M
5.24%
Sole
462.77K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares28.01K
TypeSH
Market value$10.39M
4.43%
Sole
28.01K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares42.42K
TypeSH
Market value$10.38M
4.42%
Sole
42.42K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares62.92K
TypeSH
Market value$10.10M
4.31%
Sole
62.92K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares57.83K
TypeSH
Market value$9.99M
4.26%
Sole
57.83K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares53.08K
TypeSH
Market value$9.89M
4.22%
Sole
53.08K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares38.15K
TypeSH
Market value$9.61M
4.10%
Sole
38.15K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares183.49K
TypeSH
Market value$7.42M
3.16%
Sole
183.49K
Shared
0.00
None
0.00
FIDELITY COVINGTON TRUST
SOLEShares249.14K
TypeSH
Market value$6.84M
2.92%
Sole
249.14K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares171.21K
TypeSH
Market value$4.72M
2.01%
Sole
171.21K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares34.82K
TypeSH
Market value$3.15M
1.34%
Sole
34.82K
Shared
0.00
None
0.00
ALPS ETF TR
SOLEShares51.75K
TypeSH
Market value$2.69M
1.15%
Sole
51.75K
Shared
0.00
None
0.00
APPLE INC
SOLEShares10.29K
TypeSH
Market value$2.29M
0.97%
Sole
10.29K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares18.08K
TypeSH
Market value$1.96M
0.84%
Sole
18.08K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares16.32K
TypeSH
Market value$1.94M
0.83%
Sole
16.32K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares2.84K
TypeSH
Market value$1.59M
0.68%
Sole
2.84K
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares16.98K
TypeSH
Market value$1.31M
0.56%
Sole
16.98K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares59.81K
TypeSH
Market value$1.18M
0.50%
Sole
59.81K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares47K
TypeSH
Market value$1.14M
0.49%
Sole
47K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRSOLE | INTL EQTY ETF | 1.38M | SH | $27.32M 11.65% | 1.38M | 0.00 | 0.00 |
GLOBAL X FDSSOLE | GLB X MLP ENRG I | 350.64K | SH | $22.37M 9.54% | 350.64K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 351.12K | SH | $15.89M 6.77% | 351.12K | 0.00 | 0.00 |
ABRDN ETFSSOLE | BBRG ALL COMD K1 | 668.95K | SH | $14.36M 6.12% | 668.95K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 263.24K | SH | $13.38M 5.70% | 263.24K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 524.49K | SH | $13.13M 5.60% | 524.49K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 462.77K | SH | $12.30M 5.24% | 462.77K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 28.01K | SH | $10.39M 4.43% | 28.01K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | MCAP GR IDXVIP | 42.42K | SH | $10.38M 4.42% | 42.42K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | MCAP VL IDXVIP | 62.92K | SH | $10.10M 4.31% | 62.92K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | VALUE ETF | 57.83K | SH | $9.99M 4.26% | 57.83K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SM CP VAL ETF | 53.08K | SH | $9.89M 4.22% | 53.08K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SML CP GRW ETF | 38.15K | SH | $9.61M 4.10% | 38.15K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | GLB EX US ETF | 183.49K | SH | $7.42M 3.16% | 183.49K | 0.00 | 0.00 |
FIDELITY COVINGTON TRUSTSOLE | MSCI RL EST ETF | 249.14K | SH | $6.84M 2.92% | 249.14K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | EMRG MKTEQ ETF | 171.21K | SH | $4.72M 2.01% | 171.21K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 34.82K | SH | $3.15M 1.34% | 34.82K | 0.00 | 0.00 |
ALPS ETF TRSOLE | ALERIAN MLP | 51.75K | SH | $2.69M 1.15% | 51.75K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 10.29K | SH | $2.29M 0.97% | 10.29K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 18.08K | SH | $1.96M 0.84% | 18.08K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 16.32K | SH | $1.94M 0.83% | 16.32K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 2.84K | SH | $1.59M 0.68% | 2.84K | 0.00 | 0.00 |
SPDR SER TRSOLE | S&P 400 MDCP VAL | 16.98K | SH | $1.31M 0.56% | 16.98K | 0.00 | 0.00 |
ISHARES TRSOLE | INTL DEV RE ETF | 59.81K | SH | $1.18M 0.50% | 59.81K | 0.00 | 0.00 |
ISHARES TRSOLE | GLOBAL REIT ETF | 47K | SH | $1.14M 0.49% | 47K | 0.00 | 0.00 |
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