Filed: 11/25/2025ACC: 0001085146-25-006011
📋 What this filing means
PAYNE CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 77 equity positions with a total reported market value of $259.49M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
77
Positions
$259.49M
Total AUM (reported)
5.37M
Total Shares
Allocation by class
INTL EQTY ETF$30.45M11.7%
GLB X MLP ENRG I$21.95M8.5%
COM$18.21M7.0%
FTSE EMR MKT ETF$17.05M6.6%
VAN FTSE DEV MKT$15.80M6.1%
US LCAP GR ETF$15.26M5.9%
BBRG ALL COMD K1$13.70M5.3%
Portfolio Concentration
Top 3$69.44M26.8%
4–10$92.97M35.8%
11–25$71.79M27.7%
Rest$25.29M9.7%
Top 3 weight
26.8%
Top 10 weight
62.6%
Voting Authority Distribution
Total shares with voting rights: 5.37M
Sole
Full voting authority
5.37M
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)
Sole77
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings77
Rows:
SCHWAB STRATEGIC TR
SOLEShares1.38M
TypeSH
Market value$30.45M
11.73%
Sole
1.38M
Shared
0.00
None
0.00
GLOBAL X FDS
SOLEShares350.31K
TypeSH
Market value$21.95M
8.46%
Sole
350.31K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares344.62K
TypeSH
Market value$17.05M
6.57%
Sole
344.62K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares277.16K
TypeSH
Market value$15.80M
6.09%
Sole
277.16K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares522.49K
TypeSH
Market value$15.26M
5.88%
Sole
522.49K
Shared
0.00
None
0.00
ABRDN ETFS
SOLEShares659.56K
TypeSH
Market value$13.70M
5.28%
Sole
659.56K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares465.56K
TypeSH
Market value$12.88M
4.96%
Sole
465.56K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares28.98K
TypeSH
Market value$12.71M
4.90%
Sole
28.98K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares42.29K
TypeSH
Market value$12.03M
4.63%
Sole
42.29K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares59.92K
TypeSH
Market value$10.59M
4.08%
Sole
59.92K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares38.21K
TypeSH
Market value$10.58M
4.08%
Sole
38.21K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares53.06K
TypeSH
Market value$10.35M
3.99%
Sole
53.06K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares62.83K
TypeSH
Market value$10.33M
3.98%
Sole
62.83K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares186.16K
TypeSH
Market value$8.59M
3.31%
Sole
186.16K
Shared
0.00
None
0.00
FIDELITY COVINGTON TRUST
SOLEShares251.41K
TypeSH
Market value$6.80M
2.62%
Sole
251.41K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares196.02K
TypeSH
Market value$5.91M
2.28%
Sole
196.02K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares37K
TypeSH
Market value$3.30M
1.27%
Sole
37K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares17.84K
TypeSH
Market value$2.82M
1.09%
Sole
17.84K
Shared
0.00
None
0.00
ALPS ETF TR
SOLEShares56.21K
TypeSH
Market value$2.75M
1.06%
Sole
56.21K
Shared
0.00
None
0.00
APPLE INC
SOLEShares10.39K
TypeSH
Market value$2.13M
0.82%
Sole
10.39K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares4.04K
TypeSH
Market value$2.01M
0.77%
Sole
4.04K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares2.62K
TypeSH
Market value$1.62M
0.62%
Sole
2.62K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares19.80K
TypeSH
Market value$1.57M
0.61%
Sole
19.80K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares14.44K
TypeSH
Market value$1.56M
0.60%
Sole
14.44K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares65.15K
TypeSH
Market value$1.48M
0.57%
Sole
65.15K
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 | $30.45M 11.73% | 1.38M | 0.00 | 0.00 |
GLOBAL X FDSSOLE | GLB X MLP ENRG I | 350.31K | SH | $21.95M 8.46% | 350.31K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 344.62K | SH | $17.05M 6.57% | 344.62K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 277.16K | SH | $15.80M 6.09% | 277.16K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 522.49K | SH | $15.26M 5.88% | 522.49K | 0.00 | 0.00 |
ABRDN ETFSSOLE | BBRG ALL COMD K1 | 659.56K | SH | $13.70M 5.28% | 659.56K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 465.56K | SH | $12.88M 4.96% | 465.56K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 28.98K | SH | $12.71M 4.90% | 28.98K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | MCAP GR IDXVIP | 42.29K | SH | $12.03M 4.63% | 42.29K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | VALUE ETF | 59.92K | SH | $10.59M 4.08% | 59.92K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SML CP GRW ETF | 38.21K | SH | $10.58M 4.08% | 38.21K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SM CP VAL ETF | 53.06K | SH | $10.35M 3.99% | 53.06K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | MCAP VL IDXVIP | 62.83K | SH | $10.33M 3.98% | 62.83K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | GLB EX US ETF | 186.16K | SH | $8.59M 3.31% | 186.16K | 0.00 | 0.00 |
FIDELITY COVINGTON TRUSTSOLE | MSCI RL EST ETF | 251.41K | SH | $6.80M 2.62% | 251.41K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | EMRG MKTEQ ETF | 196.02K | SH | $5.91M 2.28% | 196.02K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 37K | SH | $3.30M 1.27% | 37K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 17.84K | SH | $2.82M 1.09% | 17.84K | 0.00 | 0.00 |
ALPS ETF TRSOLE | ALERIAN MLP | 56.21K | SH | $2.75M 1.06% | 56.21K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 10.39K | SH | $2.13M 0.82% | 10.39K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 4.04K | SH | $2.01M 0.77% | 4.04K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 2.62K | SH | $1.62M 0.62% | 2.62K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P 400 MDCP VAL | 19.80K | SH | $1.57M 0.61% | 19.80K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 14.44K | SH | $1.56M 0.60% | 14.44K | 0.00 | 0.00 |
ISHARES TRSOLE | INTL DEV RE ETF | 65.15K | SH | $1.48M 0.57% | 65.15K | 0.00 | 0.00 |
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