PAYNE CAPITAL MANAGEMENT, LLC

Filed: 5/11/2026ACC: 0001994332-26-000002

📋 What this filing means

PAYNE CAPITAL MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 79 equity positions with a total reported market value of $330.50M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$330.50M

Total AUM (reported)

6.54M

Total Shares

Allocation by class

INTL EQTY ETF$38.07M11.5%

GLB X MLP ENRG I$30.92M9.4%

VAN FTSE DEV MKT$22.50M6.8%

FTSE EMR MKT ETF$22.43M6.8%

BBRG ALL COMD K1$22.25M6.7%

COM$20.95M6.3%

US LCAP VA ETF$16.58M5.0%

Portfolio Concentration

Top 3$91.49M27.7%

4–10$120.99M36.6%

11–25$90.11M27.3%

Rest$27.91M8.4%

Top 3 weight

27.7%

Top 10 weight

64.3%

Voting Authority Distribution

Total shares with voting rights: 6.54M

Sole

Full voting authority

6.54M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole79

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings79

Rows:

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares1.54M

TypeSH

Market value$38.07M

11.52%

Sole

1.54M

Shared

0.00

None

0.00

GLOBAL X FDS

SOLE

GLB X MLP ENRG I

Shares418.18K

TypeSH

Market value$30.92M

9.36%

Sole

418.18K

Shared

0.00

None

0.00

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares351.06K

TypeSH

Market value$22.50M

6.81%

Sole

351.06K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares415K

TypeSH

Market value$22.43M

6.79%

Sole

415K

Shared

0.00

None

0.00

ABRDN ETFS

SOLE

BBRG ALL COMD K1

Shares916.19K

TypeSH

Market value$22.25M

6.73%

Sole

916.19K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

US LCAP VA ETF

Shares543.69K

TypeSH

Market value$16.58M

5.02%

Sole

543.69K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

US LCAP GR ETF

Shares562.32K

TypeSH

Market value$16.38M

4.96%

Sole

562.32K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares34.32K

TypeSH

Market value$14.99M

4.54%

Sole

34.32K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares72.96K

TypeSH

Market value$14.31M

4.33%

Sole

72.96K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

MCAP VL IDXVIP

Shares76.18K

TypeSH

Market value$14.04M

4.25%

Sole

76.18K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SML CP GRW ETF

Shares46.16K

TypeSH

Market value$13.95M

4.22%

Sole

46.16K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares63.47K

TypeSH

Market value$13.79M

4.17%

Sole

63.47K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

MCAP GR IDXVIP

Shares50.86K

TypeSH

Market value$13.09M

3.96%

Sole

50.86K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

GLB EX US ETF

Shares227.40K

TypeSH

Market value$10.11M

3.06%

Sole

227.40K

Shared

0.00

None

0.00

FIDELITY COVINGTON TRUST

SOLE

MSCI RL EST ETF

Shares312.33K

TypeSH

Market value$8.40M

2.54%

Sole

312.33K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

EMRG MKTEQ ETF

Shares216.64K

TypeSH

Market value$7.14M

2.16%

Sole

216.64K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares46.12K

TypeSH

Market value$4.09M

1.24%

Sole

46.12K

Shared

0.00

None

0.00

ALPS ETF TR

SOLE

ALERIAN MLP

Shares64.85K

TypeSH

Market value$3.41M

1.03%

Sole

64.85K

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares13.39K

TypeSH

Market value$3.40M

1.03%

Sole

13.39K

Shared

0.00

None

0.00

NVIDIA CORPORATION

SOLE

COM

Shares18.45K

TypeSH

Market value$3.22M

0.97%

Sole

18.45K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares21.34K

TypeSH

Market value$2.02M

0.61%

Sole

21.34K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE SMCAP ETF

Shares13.47K

TypeSH

Market value$1.96M

0.59%

Sole

13.47K

Shared

0.00

None

0.00

ISHARES TR

SOLE

GLOBAL REIT ETF

Shares77.93K

TypeSH

Market value$1.96M

0.59%

Sole

77.93K

Shared

0.00

None

0.00

SPDR SERIES TRUST

SOLE

STATE STREET SPD

Shares22.04K

TypeSH

Market value$1.88M

0.57%

Sole

22.04K

Shared

0.00

None

0.00

ISHARES TR

SOLE

INTL DEV RE ETF

Shares75.56K

TypeSH

Market value$1.69M

0.51%

Sole

75.56K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	1.54M	SH	$38.07M 11.52%	1.54M
GLOBAL X FDSSOLE	GLB X MLP ENRG I	418.18K	SH	$30.92M 9.36%	418.18K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	351.06K	SH	$22.50M 6.81%	351.06K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	415K	SH	$22.43M 6.79%	415K
ABRDN ETFSSOLE	BBRG ALL COMD K1	916.19K	SH	$22.25M 6.73%	916.19K
SCHWAB STRATEGIC TRSOLE	US LCAP VA ETF	543.69K	SH	$16.58M 5.02%	543.69K
SCHWAB STRATEGIC TRSOLE	US LCAP GR ETF	562.32K	SH	$16.38M 4.96%	562.32K
VANGUARD INDEX FDSSOLE	GROWTH ETF	34.32K	SH	$14.99M 4.54%	34.32K
VANGUARD INDEX FDSSOLE	VALUE ETF	72.96K	SH	$14.31M 4.33%	72.96K
VANGUARD INDEX FDSSOLE	MCAP VL IDXVIP	76.18K	SH	$14.04M 4.25%	76.18K
VANGUARD INDEX FDSSOLE	SML CP GRW ETF	46.16K	SH	$13.95M 4.22%	46.16K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	63.47K	SH	$13.79M 4.17%	63.47K
VANGUARD INDEX FDSSOLE	MCAP GR IDXVIP	50.86K	SH	$13.09M 3.96%	50.86K
VANGUARD INTL EQUITY INDEX FSOLE	GLB EX US ETF	227.40K	SH	$10.11M 3.06%	227.40K
FIDELITY COVINGTON TRUSTSOLE	MSCI RL EST ETF	312.33K	SH	$8.40M 2.54%	312.33K
SCHWAB STRATEGIC TRSOLE	EMRG MKTEQ ETF	216.64K	SH	$7.14M 2.16%	216.64K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	46.12K	SH	$4.09M 1.24%	46.12K
ALPS ETF TRSOLE	ALERIAN MLP	64.85K	SH	$3.41M 1.03%	64.85K
APPLE INCSOLE	COM	13.39K	SH	$3.40M 1.03%	13.39K
NVIDIA CORPORATIONSOLE	COM	18.45K	SH	$3.22M 0.97%	18.45K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	21.34K	SH	$2.02M 0.61%	21.34K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE SMCAP ETF	13.47K	SH	$1.96M 0.59%	13.47K
ISHARES TRSOLE	GLOBAL REIT ETF	77.93K	SH	$1.96M 0.59%	77.93K
SPDR SERIES TRUSTSOLE	STATE STREET SPD	22.04K	SH	$1.88M 0.57%	22.04K
ISHARES TRSOLE	INTL DEV RE ETF	75.56K	SH	$1.69M 0.51%	75.56K

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