Filed: 12/1/2025ACC: 0001994332-25-000003
📋 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 $310.53M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
77
Positions
$310.53M
Total AUM (reported)
5.98M
Total Shares
Allocation by class
INTL EQTY ETF$34.78M11.2%
GLB X MLP ENRG I$25.34M8.2%
COM$21.70M7.0%
FTSE EMR MKT ETF$21.52M6.9%
VAN FTSE DEV MKT$20.39M6.6%
US LCAP GR ETF$17.55M5.7%
GROWTH ETF$17.15M5.5%
Portfolio Concentration
Top 3$81.64M26.3%
4–10$113.55M36.6%
11–25$86.28M27.8%
Rest$29.06M9.4%
Top 3 weight
26.3%
Top 10 weight
62.9%
Voting Authority Distribution
Total shares with voting rights: 5.98M
Sole
Full voting authority
5.98M
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
SOLEShares1.49M
TypeSH
Market value$34.78M
11.20%
Sole
1.49M
Shared
0.00
None
0.00
GLOBAL X FDS
SOLEShares404.12K
TypeSH
Market value$25.34M
8.16%
Sole
404.12K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares397.16K
TypeSH
Market value$21.52M
6.93%
Sole
397.16K
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS
SOLEShares340.21K
TypeSH
Market value$20.39M
6.56%
Sole
340.21K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares549.98K
TypeSH
Market value$17.55M
5.65%
Sole
549.98K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares35.77K
TypeSH
Market value$17.15M
5.52%
Sole
35.77K
Shared
0.00
None
0.00
ABRDN ETFS
SOLEShares741.07K
TypeSH
Market value$15.96M
5.14%
Sole
741.07K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares507.76K
TypeSH
Market value$14.78M
4.76%
Sole
507.76K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares48.48K
TypeSH
Market value$14.24M
4.59%
Sole
48.48K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares72.25K
TypeSH
Market value$13.47M
4.34%
Sole
72.25K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares44.03K
TypeSH
Market value$13.10M
4.22%
Sole
44.03K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares60.37K
TypeSH
Market value$12.60M
4.06%
Sole
60.37K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares71.61K
TypeSH
Market value$12.50M
4.03%
Sole
71.61K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares209.32K
TypeSH
Market value$9.99M
3.22%
Sole
209.32K
Shared
0.00
None
0.00
FIDELITY COVINGTON TRUST
SOLEShares279.63K
TypeSH
Market value$7.78M
2.50%
Sole
279.63K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares211.78K
TypeSH
Market value$7.07M
2.28%
Sole
211.78K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares44.65K
TypeSH
Market value$4.08M
1.31%
Sole
44.65K
Shared
0.00
None
0.00
APPLE INC
SOLEShares13.64K
TypeSH
Market value$3.47M
1.12%
Sole
13.64K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares18.23K
TypeSH
Market value$3.40M
1.10%
Sole
18.23K
Shared
0.00
None
0.00
ALPS ETF TR
SOLEShares58.94K
TypeSH
Market value$2.77M
0.89%
Sole
58.94K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares4.42K
TypeSH
Market value$2.29M
0.74%
Sole
4.42K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares23.05K
TypeSH
Market value$1.92M
0.62%
Sole
23.05K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares20.31K
TypeSH
Market value$1.80M
0.58%
Sole
20.31K
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares12.28K
TypeSH
Market value$1.75M
0.56%
Sole
12.28K
Shared
0.00
None
0.00
SPDR S&P 500 ETF TR
SOLEShares2.63K
TypeSH
Market value$1.75M
0.56%
Sole
2.63K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SCHWAB STRATEGIC TRSOLE | INTL EQTY ETF | 1.49M | SH | $34.78M 11.20% | 1.49M | 0.00 | 0.00 |
GLOBAL X FDSSOLE | GLB X MLP ENRG I | 404.12K | SH | $25.34M 8.16% | 404.12K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE EMR MKT ETF | 397.16K | SH | $21.52M 6.93% | 397.16K | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDSSOLE | VAN FTSE DEV MKT | 340.21K | SH | $20.39M 6.56% | 340.21K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US LCAP GR ETF | 549.98K | SH | $17.55M 5.65% | 549.98K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | GROWTH ETF | 35.77K | SH | $17.15M 5.52% | 35.77K | 0.00 | 0.00 |
ABRDN ETFSSOLE | BBRG ALL COMD K1 | 741.07K | SH | $15.96M 5.14% | 741.07K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US LCAP VA ETF | 507.76K | SH | $14.78M 4.76% | 507.76K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | MCAP GR IDXVIP | 48.48K | SH | $14.24M 4.59% | 48.48K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | VALUE ETF | 72.25K | SH | $13.47M 4.34% | 72.25K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SML CP GRW ETF | 44.03K | SH | $13.10M 4.22% | 44.03K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | SM CP VAL ETF | 60.37K | SH | $12.60M 4.06% | 60.37K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | MCAP VL IDXVIP | 71.61K | SH | $12.50M 4.03% | 71.61K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | GLB EX US ETF | 209.32K | SH | $9.99M 3.22% | 209.32K | 0.00 | 0.00 |
FIDELITY COVINGTON TRUSTSOLE | MSCI RL EST ETF | 279.63K | SH | $7.78M 2.50% | 279.63K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | EMRG MKTEQ ETF | 211.78K | SH | $7.07M 2.28% | 211.78K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | REAL ESTATE ETF | 44.65K | SH | $4.08M 1.31% | 44.65K | 0.00 | 0.00 |
APPLE INCSOLE | COM | 13.64K | SH | $3.47M 1.12% | 13.64K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 18.23K | SH | $3.40M 1.10% | 18.23K | 0.00 | 0.00 |
ALPS ETF TRSOLE | ALERIAN MLP | 58.94K | SH | $2.77M 0.89% | 58.94K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 4.42K | SH | $2.29M 0.74% | 4.42K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P 400 MDCP VAL | 23.05K | SH | $1.92M 0.62% | 23.05K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | S&P 600 SMCP VAL | 20.31K | SH | $1.80M 0.58% | 20.31K | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | FTSE SMCAP ETF | 12.28K | SH | $1.75M 0.56% | 12.28K | 0.00 | 0.00 |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 2.63K | SH | $1.75M 0.56% | 2.63K | 0.00 | 0.00 |
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