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B & T Capital Management DBA Alpha Capital Management — 13F Holdings & Portfolio

CIK 1450935 · latest 13F-HR filed 2026-08-07

Backtest portfolio

B & T Capital Management DBA Alpha Capital Management manages $770.3M in 13F-reported U.S. long-equity assets across 129 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are BND (10.43%), QQQ (7.69%), VIGI (3.78%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 20 new positions and exited 7; 60 existing positions rose in reported value and 27 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.

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AUM
$770.3M

Long-equity book

Holdings
129

Distinct positions

Period
2026-06-30

Filed 2026-08-07

Q/Q Activity
+20 / −7 / ↑60 / ↓27

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
BND10.5% · -5%QQQ7.8% · -12%VIGI3.8% · +1%VNQ3.1% · +4%QTUM3.1% · -2%SCHX3.0% · -2%IGF2.9% · +58%SCHG2.8% · -2%BIL2.2% · +334%JMEE2.1% · -0%TBIL2.1% · +168%SDVY2.1% · +0%AAPL1.9% · -7%GOOGL1.9% · -4%NVDA1.7% · -4%JPM1.6% · -1%AMZN1.5% · -4%PWR1.4% · -27%AESI1.4% · +0%BX1.3% · +9%NEE1.3% · 0%KKR1.2% · +9%TSM1.1% · -3%CAT1.1% · -3%META1.1% · -2%AVGO1.1% · -31%WSM1.0% · -2%XOM1.0% · -0%MELI1.0% · -7%MSFT1.0% · -1%ABBV0.9% · +2%PANW0.9% · -7%FAST0.9% · +0%WMT0.9% · -1%MRK0.8% · +2%VMC0.8% · +0%V0.8% · +1%IBM0.8% · +2%AMGN0.7% · +1%PH0.7% · +2%SBUX0.7% · +3%BLK0.7% · +2%LMT0.7% · +2%GS0.7% · -2%HD0.7% · +3%DIS0.7% · +1%KVUE0.7% · +8%CVX0.7% · +4%SPY0.6% · -4%MSCI0.6% · +1%PEP0.6% · +3%ORCL0.6% · +2%SNOW0.6% · -53%PLTR0.6% · +2%SOFI0.5% · -17%LLY0.5% · +1%JHX0.5% · +2%EME0.5% · +0%MLM0.4% · +0%ECL0.4% · +2%

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

4 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 = 41.4%

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

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

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

Top Adds (vs prior quarter)

Show all 60 →

Top Trims

Show all 27 →

New Positions

Show all 20 →

Exited Positions

Show all 7 →

B & T Capital Management DBA Alpha 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 VANGUARD BD INDEX FDS BND 921937835 $80.4M 10.43% 1,094,723 SH
2 INVESCO QQQ TR QQQ 46090E103 $59.2M 7.69% 80,436 SH
3 VANGUARD WHITEHALL FDS VIGI 921946810 $29.1M 3.78% 311,596 SH
4 VANGUARD INDEX FDS VNQ 922908553 $23.5M 3.05% 243,879 SH
5 ETF SER SOLUTIONS QTUM 26922A420 $23.5M 3.05% 141,848 SH
6 SCHWAB STRATEGIC TR SCHX 808524201 $22.9M 2.98% 779,637 SH
7 ISHARES TR IGF 464288372 $22.3M 2.90% 335,509 SH
8 SCHWAB STRATEGIC TR SCHG 808524300 $21.4M 2.78% 632,037 SH
9 SPDR SERIES TRUST BIL 78468R663 $16.9M 2.19% 184,103 SH
10 J P MORGAN EXCHANGE TRADED F JMEE 46641Q118 $16.3M 2.12% 209,506 SH
11 RBB FD INC TBIL 74933W452 $16.3M 2.11% 326,051 SH
12 FIRST TR EXCHANGE TRADED FD SDVY 33741X102 $15.7M 2.04% 364,252 SH
13 APPLE INC AAPL 037833100 $14.4M 1.88% 49,931 SH
14 ALPHABET INC GOOGL 02079K305 $14.2M 1.85% 39,807 SH
15 NVIDIA CORPORATION NVDA 67066G104 $13.3M 1.73% 66,537 SH
16 JPMORGAN CHASE & CO JPM 46625H100 $12.1M 1.56% 36,817 SH
17 AMAZON COM INC AMZN 023135106 $11.2M 1.45% 46,872 SH
18 QUANTA SVCS INC PWR 74762E102 $10.9M 1.41% 15,083 SH
19 ATLAS ENERGY SOLUTIONS INC AESI 642045108 $10.6M 1.37% 635,481 SH
20 BLACKSTONE INC BX 09260D107 $9.7M 1.26% 82,413 SH
21 NEXTERA ENERGY INC NEE 65339F101 $9.6M 1.25% 109,534 SH
22 KKR & CO INC KKR 48251W104 $9.4M 1.21% 101,903 SH
23 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $8.5M 1.11% 17,865 SH
24 CATERPILLAR INC CAT 149123101 $8.5M 1.11% 8,000 SH
25 META PLATFORMS INC META 30303M102 $8.2M 1.06% 14,531 SH
26 BROADCOM INC AVGO 11135F101 $8.1M 1.05% 21,334 SH
27 WILLIAMS SONOMA INC WSM 969904101 $7.8M 1.02% 33,634 SH
28 EXXON MOBIL CORP XOM 30231G102 $7.8M 1.01% 57,156 SH
29 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $7.5M 0.97% 10,000 PRN
30 MERCADOLIBRE INC MELI 58733R102 $7.5M 0.97% 4,396 SH
31 MICROSOFT CORP MSFT 594918104 $7.3M 0.95% 19,518 SH
32 ABBVIE INC ABBV 00287Y109 $7.2M 0.94% 28,706 SH
33 PALO ALTO NETWORKS INC PANW 697435105 $7.0M 0.91% 20,601 SH
34 FASTENAL CO FAST 311900104 $6.6M 0.85% 136,529 SH
35 WALMART INC WMT 931142103 $6.5M 0.85% 57,543 SH
36 MERCK & CO INC MRK 58933Y105 $6.5M 0.84% 50,298 SH
37 VULCAN MATLS CO VMC 929160109 $6.2M 0.80% 20,905 SH
38 VISA INC V 92826C839 $6.1M 0.79% 17,697 SH
39 INTERNATIONAL BUSINESS MACHS IBM 459200101 $5.7M 0.74% 20,366 SH
40 AMGEN INC AMGN 031162100 $5.7M 0.74% 15,764 SH
41 PARKER-HANNIFIN CORP PH 701094104 $5.7M 0.73% 5,781 SH
42 STARBUCKS CORP SBUX 855244109 $5.5M 0.72% 54,262 SH
43 BLACKROCK INC BLK 09290D101 $5.5M 0.72% 5,737 SH
44 LOCKHEED MARTIN CORP LMT 539830109 $5.3M 0.69% 10,456 SH
45 GOLDMAN SACHS GROUP INC GS 38141G104 $5.3M 0.69% 5,262 SH
46 HOME DEPOT INC HD 437076102 $5.3M 0.69% 15,033 SH
47 DISNEY WALT CO DIS 254687106 $5.2M 0.68% 54,237 SH
48 KENVUE INC KVUE 49177J102 $5.1M 0.66% 265,605 SH
49 CHEVRON CORPORATION CVX 166764100 $5.0M 0.65% 30,029 SH
50 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $4.9M 0.64% 6,555 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-07 $770.3M 129 0001450935-26-000009
2026-03-31 2026-05-13 $689.9M 115 0001450935-26-000005
2025-12-31 2026-02-13 $709.9M 116 0001450935-26-000002
2025-09-30 2025-11-12 $630.4M 117 0001450935-25-000007
Filer Information
Address
5407 PARKCREST DRIVE
2ND FLOOR
AUSTIN, TX 78731
Phone
(512) 322-9318
Filing Manager
B & T Capital Management DBA Alpha Capital Management
AUSTIN, TX
Signatory
Michael Turner
CCO