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Castellan Group — 13F Holdings & Portfolio

CIK 1832521 · latest 13F-HR filed 2026-07-23

Backtest portfolio

Castellan Group manages $912.1M in 13F-reported U.S. long-equity assets across 41 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are CTEF (66.99%), CTIF (19.38%), BOXX (2.25%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 11 new positions and exited 6; 11 existing positions rose in reported value and 9 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
$912.1M

Long-equity book

Holdings
41

Distinct positions

Period
2026-06-30

Filed 2026-07-23

Q/Q Activity
+11 / −6 / ↑11 / ↓9

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
CTEF67.1% · -0%CTIF19.4% · +4%BOXX2.3% · -1%CTRE0.6% · +0%LXP0.6% · newEIX0.6% · newWEC0.5% · +7%EGP0.5% · -0%DKL0.5% · +2%FR0.5% · -2%MPLX0.5% · +8%GLTR0.5% · +11%NEE0.5% · -3%GTY0.5% · +2%CWEN0.5% · -6%BIPC0.5% · newVICI0.5% · newATO0.5% · +1%HESM0.5% · +14%XLE0.4% · -10%OCTP0.3% · -7%MSFT0.2% · -5%BHP0.2% · -9%RIO0.2% · -8%XOM0.2% · -10%CVX0.2% · -4%IVV0.2% · newDDFN0.2% · -2%RSP0.2% · newORCL0.1% · 0%EFA0.1% · newIWM0.1% · newSPY0.1% · -75%AMZN0.1% · 0%META0.1% · 0%PGR0.0% · 0%VNQ0.0% · newDELL0.0% · newMU0.0% · 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

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 = 92.6%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 25, 2026.

Assets Under Management
$882.2M
Discretionary
$881.1M
Employees
8
Accounts
106
Address
2011 LAKE POINT WAY
SUITE 001
LOUISVILLE, KY 40223
Phone
(859) 494-0523
Website
Mailing Address
PO BOX 43847, LOUISVILLE, KY, 40253
Name Title / Status Ownership Type
BRAUCH, BARRY, CHARLES ControlMANAGING DIRECTOR / CCO
since Nov 2018
Less than 5%Individual
CASTELLAN CARES INC. ControlOWNER / 501(C)4
since Aug 2021
75% or moreDomestic Entity
CASTELLAN ENDEAVOR TRUSTTRUST
since Jan 2019
Less than 5%Domestic Entity
CASTELLAN WHY TRUSTTRUST
since Jan 2019
Less than 5%Domestic Entity
Ownership & leadership changes · 2 filings with changes since Sep 2, 2020

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.

May 6, 2025 filing
  • No longer listedSmith, Scott, S · TRUSTEE · General partner, trustee or manager · indirect via CASTELLAN WHY TRUST · listed since Jan 2019
  • No longer listedSmith, Sean, S · TRUSTEE · General partner, trustee or manager · indirect via CASTELLAN ENDEAVOR TRUST · listed since Jan 2019
  • AddedCASTELLAN CARES INC. · OWNER / 501(C)4 · 75% or more · control person
  • ChangedCASTELLAN ENDEAVOR TRUST · ownership 25–50% → Less than 5%
  • ChangedCASTELLAN WHY TRUST · ownership 25–50% → Less than 5%
Nov 11, 2024 filing
  • No longer listedBRADBURY, SHANNON, K · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Nov 2018
  • ChangedBRAUCH, BARRY, CHARLES · title MANAGING DIRECTOR → MANAGING DIRECTOR / CCO
Sep 2, 2020 filing (earliest on record)
  • ListedBRADBURY, SHANNON, K · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedBRAUCH, BARRY, CHARLES · MANAGING DIRECTOR · Less than 5% · control person
  • ListedCASTELLAN ENDEAVOR TRUST · TRUST · 25–50%
  • ListedCASTELLAN WHY TRUST · TRUST · 25–50%
  • ListedSmith, Scott, S · TRUSTEE · General partner, trustee or manager · indirect via CASTELLAN WHY TRUST
  • ListedSmith, Sean, S · TRUSTEE · General partner, trustee or manager · indirect via CASTELLAN ENDEAVOR TRUST

Quarter-over-quarter changes

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

Castellan Group 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 EA SERIES TRUST CTEF 02072Q499 $611.0M 66.99% 6,474,991 SH
2 EA SERIES TRUST CTIF 02072Q481 $176.7M 19.38% 3,441,216 SH
3 EA SERIES TRUST BOXX 02072L565 $20.5M 2.25% 174,989 SH
4 CARETRUST REIT INC CTRE 14174T107 $5.3M 0.58% 130,431 SH
5 LXP INDUSTRIAL TRUST LXP 529043408 $5.1M 0.56% 95,074 SH
6 EDISON INTL EIX 281020107 $5.1M 0.56% 68,216 SH
7 WEC ENERGY GROUP INC WEC 92939U106 $4.9M 0.53% 41,625 SH
8 EASTGROUP PPTYS INC EGP 277276101 $4.8M 0.53% 23,817 SH
9 DELEK LOGISTICS PARTNERS LP DKL 24664T103 $4.8M 0.53% 93,263 SH
10 FIRST INDL RLTY TR INC FR 32054K103 $4.8M 0.52% 77,858 SH
11 MPLX LP MPLX 55336V100 $4.7M 0.51% 82,931 SH
12 ABRDN PRECIOUS METALS BASKET GLTR 003263100 $4.6M 0.51% 25,490 SH
13 NEXTERA ENERGY INC NEE 65339F101 $4.6M 0.50% 52,238 SH
14 GETTY RLTY CORP NEW GTY 374297109 $4.6M 0.50% 136,677 SH
15 CLEARWAY ENERGY INC CWEN 18539C204 $4.6M 0.50% 133,280 SH
16 BROOKFIELD INFRASTRUCTURE CO BIPC 11276H106 $4.6M 0.50% 118,241 SH
17 VICI PPTYS INC VICI 925652109 $4.5M 0.49% 168,848 SH
18 ATMOS ENERGY CORP ATO 049560105 $4.4M 0.49% 25,830 SH
19 HESS MIDSTREAM LP HESM 428103105 $4.2M 0.47% 113,021 SH
20 SELECT SECTOR SPDR TR XLE 81369Y506 $3.8M 0.42% 71,851 SH
21 PGIM ROCK ETF TR OCTP 69420N742 $2.5M 0.28% 78,480 SH
22 MICROSOFT CORP MSFT 594918104 $2.2M 0.24% 5,900 SH
23 BHP BILLITON LIMITED BHP 088606108 $2.1M 0.23% 24,668 SH
24 RIO TINTO PLC RIO 767204100 $1.9M 0.21% 19,719 SH
25 EXXON MOBIL CORP XOM 30231G102 $1.8M 0.20% 13,453 SH
26 CHEVRON CORPORATION CVX 166764100 $1.8M 0.20% 10,867 SH
27 ISHARES TR IVV 464287200 $1.6M 0.18% 2,196 SH
28 INNOVATOR ETFS TRUST DDFN 45784N452 $1.6M 0.17% 79,420 SH
29 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $1.4M 0.15% 6,562 SH
30 STATE STR SPDR S&P 500 ETF T Put SPYM 78462F953 $1.3M 0.14% 629 SH
31 ORACLE CORP ORCL 68389X105 $1.1M 0.12% 7,600 SH
32 INVESCO QQQ TR Put QQQ 46090E953 $774.4K 0.08% 164 SH
33 ISHARES TR EFA 464287465 $726.6K 0.08% 6,995 SH
34 ISHARES TR IWM 464287655 $690.1K 0.08% 2,297 SH
35 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $672.1K 0.07% 900 SH
36 AMAZON COM INC AMZN 023135106 $572.0K 0.06% 2,400 SH
37 META PLATFORMS INC META 30303M102 $563.3K 0.06% 1,000 SH
38 PROGRESSIVE CORP PGR 743315103 $436.9K 0.05% 2,000 SH
39 VANGUARD INDEX FDS VNQ 922908553 $299.4K 0.03% 3,105 SH
40 DELL TECHNOLOGIES INC DELL 24703L202 $252.4K 0.03% 585 SH
41 MICRON TECHNOLOGY INC MU 595112103 $242.4K 0.03% 210 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $912.1M 41 0001832521-26-000003
2026-03-31 2026-04-23 $725.7M 37 0001832521-26-000002
2025-12-31 2026-01-23 $795.2M 61 0001832521-26-000001
Filer Information
Address
2011 LAKE POINT WAY
SUITE 001
LOUISVILLE, KY 40223
Phone
(859) 494-2579
Filing Manager
Castellan Group
LOUISVILLE, KY
Signatory
Barry Brauch
Managing Director