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Coyle Financial Counsel LLC — 13F Holdings & Portfolio

CIK 1593038 · latest 13F-HR filed 2026-08-07

Backtest portfolio

Coyle Financial Counsel LLC manages $548.0M in 13F-reported U.S. long-equity assets across 126 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (16.77%), VEA (13.15%), FRDM (7.67%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 20 new positions and exited 8; 73 existing positions rose in reported value and 12 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
$548.0M

Long-equity book

Holdings
126

Distinct positions

Period
2026-06-30

Filed 2026-08-07

Q/Q Activity
+20 / −8 / ↑73 / ↓12

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
IVV16.8% · +3%VEA13.2% · +2%FRDM7.7% · -1%FBND6.9% · +4%QQQ6.6% · +2%IJH4.8% · +2%VCSH4.8% · +4%VT4.2% · +2%VUSB3.4% · +2%VCIT2.9% · +3%VOO2.5% · -0%DFAI2.1% · +2%VXUS1.4% · -2%NVDA1.3% · +8%VTI1.2% · 0%AAPL1.1% · +8%DFIC1.0% · -3%VXF0.9% · -0%AMZN0.8% · +6%GOOG0.7% · +4%FENI0.7% · -3%MSFT0.6% · +2%GOOGL0.6% · +8%BIL0.5% · +11%SPY0.5% · -1%SCZ0.4% · -3%VWO0.4% · +3%ABBV0.4% · +1%MDY0.4% · +1%DELL0.3% · -31%CLH0.3% · -23%CRH0.3% · -4%XLK0.3% · 0%AVGO0.3% · +9%CAT0.3% · +2%SGI0.3% · -4%KNX0.3% · -4%JPM0.3% · +9%META0.2% · +1%HQY0.2% · +33%AZO0.2% · -6%CIEN0.2% · -30%BRK.B0.2% · +3%MAS0.2% · -4%RBA0.2% · -3%PNFP0.2% · +14%KEX0.2% · -6%IWV0.2% · 0%PANW0.2% · +10%POOL0.2% · newINTC0.2% · +10%MCD0.2% · +48%LLY0.2% · +26%DECK0.2% · -0%SSNC0.2% · newMRVL0.1% · +14%PGR0.1% · -0%TSLA0.1% · +8%BC0.1% · -4%MU0.1% · new

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 = 71.2%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 23, 2026.

Assets Under Management
$1.05B
Discretionary
$933.2M
Employees
24
Accounts
2,270
Address
2700 PATRIOT BLVD.
SUITE 440
GLENVIEW, IL 60026
Phone
(847) 441-5644
Website
Name Title / Status Ownership Type
COYLE HOLDINGS LLC ControlOWNER
since Oct 2015
75% or moreDomestic Entity
COYLE, KEVIN, THOMAS ControlMANAGING MEMBER
since Oct 2015
Less than 5%Individual
KLABEN, GARY, WILLIAM ControlPRESIDENT/MANAGING MEMBER
since Oct 2015
Less than 5%Individual
Smestuen, David, Geoffrey ControlCCO
since Sep 2021
Less than 5%Individual
COYLE, KEVIN, THOMAS Control
Indirect owner via COYLE HOLDINGS LLC
MEMBER
since Oct 2015
50–75%Individual
KLABEN, GARY, WILLIAM Control
Indirect owner via COYLE HOLDINGS LLC
MEMBER
since Oct 2015
50–75%Individual
Ownership & leadership changes · 7 filings with changes since Nov 18, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Nov 16, 2021 filing
  • No longer listedDRAGSTREM, JOHN, ROLLA · OWNER · Less than 5% · control person · listed since Nov 2015
  • No longer listedDRAGSTREM, JOHN, ROLLA · TRUSTEE · General partner, trustee or manager · indirect via JOHN R. DRAGSTREM 2004 REVOCABLE TRUST · control person · listed since Jul 2018
  • No longer listedJOHN R. DRAGSTREM 2004 REVOCABLE TRUST · OWNER · 5–10% · control person · listed since Jul 2018
Oct 1, 2021 filing
  • AddedSmestuen, David, Geoffrey · CCO · Less than 5% · control person
  • ChangedDRAGSTREM, JOHN, ROLLA · title CHIEF OPERATING OFFICER, CCO → OWNER
Aug 13, 2018 filing
  • AddedDRAGSTREM, JOHN, ROLLA · TRUSTEE · General partner, trustee or manager · indirect via JOHN R. DRAGSTREM 2004 REVOCABLE TRUST · control person
  • AddedJOHN R. DRAGSTREM 2004 REVOCABLE TRUST · OWNER · 5–10% · control person
  • ChangedDRAGSTREM, JOHN, ROLLA · ownership 5–10% → Less than 5%
Mar 6, 2018 filing
  • ChangedCOYLE, KEVIN, THOMAS · indirect via COYLE HOLDINGS LLC: ownership 25–50% → 50–75%
  • ChangedKLABEN, GARY, WILLIAM · indirect via COYLE HOLDINGS LLC: ownership 25–50% → 50–75%
Mar 5, 2018 filing
  • No longer listedKELLY, EDWARD, JOSEPH · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Sep 1997
  • ChangedDRAGSTREM, JOHN, ROLLA · title CHIEF EXECUTIVE OFFICER → CHIEF OPERATING OFFICER, CCO
Dec 7, 2015 filing
  • AddedCOYLE HOLDINGS LLC · OWNER · 75% or more · control person
  • AddedCOYLE, KEVIN, THOMAS · MEMBER · 25–50% · indirect via COYLE HOLDINGS LLC · control person
  • AddedDRAGSTREM, JOHN, ROLLA · CHIEF EXECUTIVE OFFICER · 5–10% · control person
  • AddedKLABEN, GARY, WILLIAM · MEMBER · 25–50% · indirect via COYLE HOLDINGS LLC · control person
  • ChangedCOYLE, KEVIN, THOMAS · title VICE PRESIDENT/MANAGING MEMBER → MANAGING MEMBER; ownership 25–50% → Less than 5%
  • ChangedKELLY, EDWARD, JOSEPH · ownership 5–10% → Less than 5%
  • ChangedKLABEN, GARY, WILLIAM · ownership 25–50% → Less than 5%
Nov 4, 2015 filing
  • ChangedCOYLE, KEVIN, THOMAS · title VICE PRESIDENT → VICE PRESIDENT/MANAGING MEMBER
  • ChangedKLABEN, GARY, WILLIAM · title PRESIDENT → PRESIDENT/MANAGING MEMBER
Nov 18, 2011 filing (earliest on record)
  • ListedCOYLE, KEVIN, THOMAS · VICE PRESIDENT · 25–50% · control person
  • ListedKELLY, EDWARD, JOSEPH · CHIEF COMPLIANCE OFFICER · 5–10% · control person
  • ListedKLABEN, GARY, WILLIAM · PRESIDENT · 25–50% · control person

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 73 →

Top Trims

Show all 12 →

New Positions

Show all 20 →

Exited Positions

Show all 8 →

Coyle Financial Counsel LLC 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 ISHARES TR IVV 464287200 $91.9M 16.77% 122,731 SH
2 VANGUARD TAX-MANAGED FDS VEA 921943858 $72.1M 13.15% 1,011,315 SH
3 EA SERIES TRUST FRDM 02072L607 $42.0M 7.67% 576,703 SH
4 FIDELITY MERRIMACK STR TR FBND 316188309 $37.7M 6.87% 827,671 SH
5 INVESCO QQQ TR QQQ 46090E103 $36.3M 6.62% 49,250 SH
6 ISHARES TR IJH 464287507 $26.3M 4.81% 341,501 SH
7 VANGUARD SCOTTSDALE FDS VCSH 92206C409 $26.0M 4.75% 329,479 SH
8 VANGUARD INTL EQUITY INDEX F VT 922042742 $23.2M 4.23% 147,778 SH
9 VANGUARD BD INDEX FDS VUSB 92203C303 $18.9M 3.44% 378,923 SH
10 VANGUARD SCOTTSDALE FDS VCIT 92206C870 $15.7M 2.86% 189,477 SH
11 VANGUARD INDEX FDS VOO 922908363 $13.9M 2.55% 20,307 SH
12 DIMENSIONAL ETF TRUST DFAI 25434V203 $11.7M 2.14% 284,051 SH
13 VANGUARD STAR FDS VXUS 921909768 $7.4M 1.35% 86,730 SH
14 NVIDIA CORPORATION NVDA 67066G104 $7.0M 1.27% 34,891 SH
15 VANGUARD INDEX FDS VTI 922908769 $6.4M 1.16% 17,222 SH
16 APPLE INC AAPL 037833100 $6.0M 1.09% 20,566 SH
17 DIMENSIONAL ETF TRUST DFIC 25434V799 $5.6M 1.02% 150,299 SH
18 VANGUARD INDEX FDS VXF 922908652 $5.2M 0.94% 20,962 SH
19 AMAZON COM INC AMZN 023135106 $4.5M 0.83% 19,054 SH
20 ALPHABET INC GOOG 02079K107 $4.0M 0.73% 11,359 SH
21 FIDELITY COVINGTON TRUST FENI 31609A404 $3.8M 0.70% 95,803 SH
22 MICROSOFT CORP MSFT 594918104 $3.4M 0.62% 9,134 SH
23 ALPHABET INC GOOGL 02079K305 $3.3M 0.61% 9,286 SH
24 SPDR SERIES TRUST BIL 78468R663 $2.5M 0.46% 27,542 SH
25 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $2.5M 0.46% 3,371 SH
26 ISHARES TR SCZ 464288273 $2.4M 0.44% 29,265 SH
27 VANGUARD INTL EQUITY INDEX F VWO 922042858 $2.0M 0.36% 33,469 SH
28 ABBVIE INC ABBV 00287Y109 $2.0M 0.36% 7,780 SH
29 STATE STR SPDR S&P MIDCAP 40 MDY 78467Y107 $2.0M 0.36% 2,773 SH
30 DELL TECHNOLOGIES INC DELL 24703L202 $1.8M 0.33% 4,146 SH
31 CLEAN HARBORS INC CLH 184496107 $1.8M 0.32% 5,865 SH
32 CRH PLC CRH G25508105 $1.7M 0.32% 16,355 SH
33 SELECT SECTOR SPDR TR XLK 81369Y803 $1.6M 0.30% 8,638 SH
34 BROADCOM INC AVGO 11135F101 $1.6M 0.30% 4,288 SH
35 CATERPILLAR INC CAT 149123101 $1.5M 0.28% 1,429 SH
36 SOMNIGROUP INTERNATIONAL INC SGI 88023U101 $1.5M 0.27% 19,057 SH
37 KNIGHT-SWIFT TRANSN HLDGS IN KNX 499049104 $1.4M 0.26% 18,566 SH
38 JPMORGAN CHASE & CO JPM 46625H100 $1.4M 0.25% 4,261 SH
39 META PLATFORMS INC META 30303M102 $1.3M 0.24% 2,367 SH
40 HEALTHEQUITY INC HQY 42226A107 $1.3M 0.24% 14,260 SH
41 AUTOZONE INC AZO 053332102 $1.3M 0.23% 397 SH
42 CIENA CORP CIEN 171779309 $1.3M 0.23% 2,568 SH
43 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $1.2M 0.22% 2,404 SH
44 MASCO CORP MAS 574599106 $1.2M 0.21% 14,391 SH
45 RB GLOBAL INC RBA 74935Q107 $1.2M 0.21% 10,046 SH
46 PINNACLE FINL PARTNERS INC PNFP 72348N109 $1.2M 0.21% 11,577 SH
47 KIRBY CORP KEX 497266106 $1.1M 0.21% 8,313 SH
48 ISHARES TR IWV 464287689 $1.0M 0.19% 2,460 SH
49 PALO ALTO NETWORKS INC PANW 697435105 $998.8K 0.18% 2,929 SH
50 POOL CORP POOL 73278L105 $997.4K 0.18% 4,641 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-07 $548.0M 126 0001104659-26-092442
2026-03-31 2026-05-12 $472.8M 113 0001104659-26-059200
2025-12-31 2026-02-10 $467.9M 114 0001104659-26-012393
2025-09-30 2025-11-10 $433.8M 97 0001104659-25-108808
Filer Information
Address
2700 PATRIOT BLVD
SUITE 440
GLENVIEW, IL 60026
Phone
(847) 441-5644
Filing Manager
Coyle Financial Counsel LLC
Glenview, IL
Signatory
Dave Smestuen
Chief Operating Officer