Top Institutional Investors

HOLLENCREST CAPITAL MANAGEMENT — 13F Holdings & Portfolio

CIK 1161722 · latest 13F-HR filed 2026-08-13

Backtest portfolio

HOLLENCREST CAPITAL MANAGEMENT manages $1.54B in 13F-reported U.S. long-equity assets across 1,235 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (12.17%), QQQ (6.80%), DHDG (4.89%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 165 new positions and exited 143; 442 existing positions rose in reported value and 356 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$1.54B

Long-equity book

Holdings
1,235

Distinct positions

Period
2026-06-30

Filed 2026-08-13

Q/Q Activity
+165 / −143 / ↑442 / ↓356

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
SPY12.3% · -6%QQQ6.9% · -23%DHDG4.9% · newVOO4.8% · -83%QCAP4.5% · newXLK4.3% · -6%GDEC2.8% · -4%UPS2.6% · -0%RSDE2.5% · -34%PPLT2.1% · +900%PSLV1.7% · -0%USFR1.7% · -6%TSLA1.7% · -8%GLD1.6% · -23%AAPL1.6% · -92%QQQM1.5% · -83%PM1.2% · -4%CRM1.2% · -8%IGV1.1% · +51880%CEF0.9% · 0%NVDA0.9% · -4%BRK.B0.9% · -11%OKE0.9% · 0%FNF0.8% · 0%GDXJ0.8% · 0%GOOGL0.8% · -90%VUG0.7% · +502%PDX0.7% · +1%SPYM0.7% · -14%VIG0.6% · +0%AMZN0.6% · -50%VGK0.6% · -0%AEM0.6% · -0%ITOT0.5% · -9%ONEQ0.5% · -55%AA0.4% · -2%GOOG0.4% · -64%AVGO0.4% · +55%MO0.4% · +1%AMD0.4% · +168%PANW0.4% · 0%MSFT0.4% · -90%AU0.4% · +0%BIL0.4% · +181%NEM0.4% · -21%PAAS0.4% · +0%CAT0.3% · +261%GLW0.3% · -22%GDX0.3% · -1%CDE0.3% · -0%ATOM0.3% · -4%BAC0.3% · -1%VDE0.3% · 0%JPM0.3% · -77%CCJ0.3% · 0%IEMG0.3% · -4%TUA0.3% · 0%CMDT0.3% · +3%VGT0.3% · -42%COST0.3% · -94%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 47.7%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Assets Under Management
$2.87B
Discretionary
$1.51B
Employees
19
Accounts
1,347
Address
100 BAYVIEW CIRCLE
SUITE 500
NEWPORT BEACH, CA 92660-8903
Phone
(949) 737-7700
Website
This firm reports 3 disclosure items on its registration.
Name Title / Status Ownership Type
AKERS, CAMERON, CURTIS ControlMANAGING DIRECTOR, CHIEF INVESTMENT OFFICER, PRESIDENTLess than 5%Individual
PELLIZZON, GREGORY, PAUL ControlMANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER25–50%Individual
PELLIZZON, PETER, JOSEPH ControlMANAGING DIRECTOR, CHIEF OPERATIONS OFFICER, PORTFOLIO MANAGER25–50%Individual
WOLFORD, ROBERT, BURR ControlMANAGING DIRECTOR, DIRECTOR OF MARKETING, PORTFOLIO MANAGER25–50%Individual
HCM CLASS B MEMBER, LLCVEHICLE FOR EMPLOYEE OWNERSHIP PARTICIPATION OF HCM5–10%Domestic Entity
KONON, JAMESVICE PRESIDENT OF OPERATIONS, AML OFFICER, CISOLess than 5%Individual
NAKAMURA, SUSAN, MARIECHIEF COMPLIANCE OFFICER, DIRECTOR PORTFOLIO ADMINISTRATIONLess than 5%Individual

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

HOLLENCREST CAPITAL MANAGEMENT Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 STATE STREET SPDR S&P 500 ETF SPY 78462F103 $186.8M 12.17% 250,136 SH
2 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $104.4M 6.80% 141,812 SH
3 FT VEST U.S. EQUITY QUARTERLY 2.5 TO 15 BUFFER ETF DHDG 33740U547 $75.1M 4.89% 2,052,858 SH
4 VANGUARD S&P 500 ETF VOO 922908363 $72.5M 4.72% 105,611 SH
5 FT VEST NASDAQ-100 CONSERVATIVE BUFFER ETF - APRIL QCAP 33740F284 $69.0M 4.49% 2,769,041 SH
6 STATE STREET TECHNOLOGY SELECT SECTOR SPDR ETF XLK 81369Y803 $65.3M 4.26% 342,992 SH
7 FT VEST U.S. EQUITY MODERATE BUFFER ETF - DECEMBER GDEC 33740U679 $42.7M 2.78% 1,073,956 SH
8 UNITED PARCEL SVCS INC CL B UPS 911312106 $39.5M 2.57% 367,651 SH
9 FT VEST U.S. EQUITY EQUAL WEIGHT BUFFER ETF - DECEMBER RSDE 33740U489 $38.5M 2.51% 1,639,997 SH
10 ABRDN PHYSICAL PLATINUM SHARES ETF PPLT 003260106 $32.7M 2.13% 2,317,380 SH
11 SPROTT ASSET MANAGEMENT LP PHYSICAL SILVER PSLV 85207K107 $25.9M 1.69% 1,372,914 SH
12 WISDOMTREE FLOATING RATE TREASURY FUND USFR 97717Y527 $25.8M 1.68% 511,767 SH
13 TESLA INC COM TSLA 88160R101 $25.2M 1.64% 59,982 SH
14 SPDR GOLD SHARES GLD 78463V107 $25.0M 1.63% 67,927 SH
15 APPLE INC AAPL 037833100 $24.4M 1.59% 84,190 SH
16 INVESCO NASDAQ 100 ETF QQQM 46138G649 $22.4M 1.46% 74,077 SH
17 PHILIP MORRIS INTL INC COM PM 718172109 $18.7M 1.22% 103,415 SH
18 SALESFORCE INC COM CRM 79466L302 $18.4M 1.20% 117,470 SH
19 ISHARES EXPANDED TECH-SOFTWARE SECTOR ETF IGV 464287515 $17.5M 1.14% 192,847 SH
20 SPROTT ASSET MANAGEMENT LP PHYSICAL GOLD AN CEF 85208R101 $14.3M 0.93% 356,183 SH
21 NVIDIA CORPORATION COM NVDA 67066G104 $13.9M 0.91% 69,713 SH
22 BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B 084670702 $13.4M 0.87% 26,766 SH
23 ONEOK INC NEW COM OKE 682680103 $13.2M 0.86% 151,792 SH
24 FIDELITY NATL FINL INC COM SHS FNF 31620R303 $12.3M 0.80% 260,966 SH
25 VANECK JUNIOR GOLD MINERS ETF GDXJ 92189F791 $12.1M 0.79% 122,976 SH
26 ALPHABET INC CAP STK CL A GOOGL 02079K305 $11.6M 0.76% 32,492 SH
27 VANGUARD MORNINGSTAR GROWTH ETF VUG 922908736 $10.9M 0.71% 126,272 SH
28 PIMCO DYNAMIC INCOME STRATEGY COM SHS BEN INT PDX 69346N107 $10.2M 0.66% 489,829 SH
29 STATE STREET SPDR PORTFOLIO S&P 500 ETF SPYM 78464A854 $10.0M 0.65% 113,533 SH
30 VANGUARD DIVIDEND APPRECIATION ETF VIG 921908844 $8.9M 0.58% 37,649 SH
31 AMAZON COM INC COM AMZN 023135106 $8.7M 0.57% 36,445 SH
32 VANGUARD FTSE EUROPE ETF VGK 922042874 $8.6M 0.56% 97,488 SH
33 AGNICO EAGLE MINES LTD COM AEM 008474108 $8.6M 0.56% 55,327 SH
34 ISHARES CORE S&P TOTAL U.S. STOCK MARKET ETF ITOT 464287150 $8.3M 0.54% 50,651 SH
35 FIDELITY NASDAQ COMPOSITE INDEX ETF ONEQ 315912808 $8.0M 0.52% 77,417 SH
36 ALCOA CORP COM AA 013872106 $6.8M 0.44% 129,965 SH
37 ALPHABET INC CAP STK CL C GOOG 02079K107 $6.7M 0.44% 18,988 SH
38 BROADCOM INC COM AVGO 11135F101 $6.5M 0.42% 17,189 SH
39 ALTRIA GROUP INC COM MO 02209S103 $6.2M 0.40% 86,360 SH
40 ADVANCED MICRO DEVICES INC COM AMD 007903107 $6.2M 0.40% 10,642 SH
41 PALO ALTO NETWORKS INC COM PANW 697435105 $6.0M 0.39% 17,688 SH
42 MICROSOFT CORP COM MSFT 594918104 $5.6M 0.36% 14,992 SH
43 ANGLOGOLD ASHANTI PLC COM SHS AU G0378L100 $5.6M 0.36% 69,062 SH
44 STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL ETF BIL 78468R663 $5.6M 0.36% 60,713 SH
45 NEWMONT CORP COM NEM 651639106 $5.5M 0.36% 58,947 SH
46 PAN AMERN SILVER CORP COM PAAS 697900108 $5.4M 0.35% 121,150 SH
47 CATERPILLAR INC COM CAT 149123101 $5.2M 0.34% 4,929 SH
48 CORNING INC COM GLW 219350105 $5.2M 0.34% 20,505 SH
49 VANECK GOLD MINERS ETF GDX 92189F106 $5.1M 0.33% 68,042 SH
50 COEUR MNG INC COM NEW CDE 192108504 $5.0M 0.33% 306,912 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-13 $1.54B 1,235 0001161722-26-000005
2026-03-31 2026-05-07 $2.70B 1,244 0001161722-26-000004
2025-12-31 2026-02-12 $2.90B 1,188 0001161722-26-000001
Filer Information
Address
100 BAYVIEW CIRCLE, SUITE 500
NEWPORT BEACH, CA 92660
Phone
(949) 823-7744
Filing Manager
HOLLENCREST CAPITAL MANAGEMENT
NEWPORT BEACH, CA
Signatory
Susan Nakamura
Chief Compliance Officer