Fjell Capital, LLC — 13F Holdings & Portfolio

CIK 2053350 · latest 13F-HR filed 2026-07-15

Fjell Capital, LLC manages $146.6M in 13F-reported U.S. long-equity assets across 66 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DWLD (8.66%), UITB (5.80%), NVDA (4.90%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions, exited 4, added to 41, and trimmed 10.

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.

Filer Information
Address
27 10TH STREET NORTH
FARGO, ND 58102
Phone
(701) 491-7600
Filing Manager
Fjell Capital, LLC
FARGO, ND
Signatory
Thomas Stadum
Chief Executive Officer
Loading holdings…
AUM

$146.6M

Long-equity book

Holdings

66

Distinct positions

Period

2026-06-30

Filed 2026-07-15

Q/Q Activity

+2 / −4 / ↑41 / ↓10

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • KLA CORP$2.9M +95.8%
  • ADVANCED MICRO DEVICES INC$2.5M +144.0%
  • ALPHABET INC$981.3K +18.8%
  • BROADCOM INC$933.8K +19.0%
  • DAVIS FUNDAMENTAL ETF TR$922.0K +7.8%
Show all 41

Top Trims

  • SPDR SERIES TRUST-$1.1M -30.1%
  • CHEVRON CORPORATION-$330.1K -18.5%
  • HOME DEPOT INC-$220.9K -16.7%
  • INTERCONTINENTAL EXCHANGE IN-$182.3K -13.3%
  • VANGUARD BD INDEX FDS-$149.2K -33.4%
Show all 10

New Positions

  • KINDER MORGAN INC DEL$385.0K
  • BERKSHIRE HATHAWAY INC DEL$204.7K
Show all 2

Exited Positions

  • ADOBE INC$370.7K
  • HONEYWELL INTL INC$253.4K
  • NETFLIX INC.$237.2K
  • NORTHROP GRUMMAN CORP$208.1K
Show all 4
All Holdings

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 DAVIS FUNDAMENTAL ETF TR DWLD 23908L306 $12.7M 8.66% 274,721 SH
2 VICTORY PORTFOLIOS II UITB 92647N527 $8.5M 5.80% 181,398 SH
3 NVIDIA CORPORATION NVDA 67066G104 $7.2M 4.90% 35,875 SH
4 ALPHABET INC GOOGL 02079K305 $6.2M 4.23% 17,365 SH
5 KLA CORP KLAC 482480100 $6.0M 4.08% 19,822 SH
6 BROADCOM INC AVGO 11135F101 $5.8M 3.98% 15,465 SH
7 APPLE INC AAPL 037833100 $5.6M 3.79% 19,216 SH
8 ISHARES TR USIG 464288620 $5.6M 3.79% 108,370 SH
9 VANGUARD INDEX FDS VO 922908629 $4.8M 3.27% 59,524 SH
10 AMAZON COM INC AMZN 023135106 $4.7M 3.21% 19,752 SH
11 INVESCO ACTIVELY MANAGED EXC GTO 46090A804 $4.7M 3.19% 99,685 SH
12 MICROSOFT CORP MSFT 594918104 $4.6M 3.11% 12,219 SH
13 ADVANCED MICRO DEVICES INC AMD 007903107 $4.3M 2.94% 7,430 SH
14 2023 ETF SERIES TRUST BINV 900934209 $4.3M 2.92% 101,976 SH
15 CAPITAL GROUP GROWTH ETF CGGR 14020G101 $3.2M 2.19% 68,042 SH
16 COSTCO WHOLESALE CORPORATION COST 22160K105 $3.1M 2.15% 3,364 SH
17 PGIM ETF TR PSH 69344A784 $3.0M 2.04% 60,047 SH
18 VANGUARD INDEX FDS VUG 922908736 $2.5M 1.70% 29,007 SH
19 META PLATFORMS INC META 30303M102 $2.5M 1.70% 4,431 SH
20 SPDR SERIES TRUST BIL 78468R663 $2.4M 1.66% 26,605 SH
21 JPMORGAN CHASE & CO JPM 46625H100 $2.4M 1.61% 7,209 SH
22 WASTE MGMT INC DEL WM 94106L109 $2.0M 1.38% 9,108 SH
23 SELECT SECTOR SPDR TR XLK 81369Y803 $2.0M 1.36% 10,438 SH
24 VANGUARD INDEX FDS VTV 922908744 $1.9M 1.31% 8,793 SH
25 DEERE & CO DE 244199105 $1.9M 1.28% 2,952 SH
26 AB ACTIVE ETFS INC HYFI 00039J608 $1.8M 1.25% 49,134 SH
27 MERCK & CO INC MRK 58933Y105 $1.8M 1.22% 13,946 SH
28 PGIM ETF TR PHYL 69344A206 $1.8M 1.22% 51,138 SH
29 CAPITAL GRP FIXED INCM ETF T CGHM 14020Y805 $1.7M 1.19% 67,520 SH
30 NEXTERA ENERGY INC NEE 65339F101 $1.7M 1.14% 19,102 SH
31 RTX CORPORATION RTX 75513E101 $1.5M 1.01% 7,830 SH
32 CHEVRON CORPORATION CVX 166764100 $1.5M 0.99% 8,793 SH
33 CASEYS GEN STORES INC CASY 147528103 $1.5M 0.99% 1,830 SH
34 BLACKSTONE INC BX 09260D107 $1.3M 0.91% 11,398 SH
35 PIMCO ETF TR BOND 72201R775 $1.3M 0.89% 14,138 SH
36 INTERCONTINENTAL EXCHANGE IN ICE 45866F104 $1.2M 0.81% 9,630 SH
37 VANGUARD INDEX FDS VOO 922908363 $1.2M 0.80% 1,718 SH
38 ARES MANAGEMENT CORPORATION ARES 03990B101 $1.1M 0.75% 9,885 SH
39 HOME DEPOT INC HD 437076102 $1.1M 0.75% 3,113 SH
40 MICRON TECHNOLOGY INC MU 595112103 $935.0K 0.64% 810 SH
41 SELECT SECTOR SPDR TR XLF 81369Y605 $864.1K 0.59% 16,118 SH
42 APPLIED MATLS INC AMAT 038222105 $807.6K 0.55% 1,117 SH
43 MARSH & MCLENNAN COS INC MRSH 571748102 $790.0K 0.54% 4,740 SH
44 ALPHABET INC GOOG 02079K107 $753.6K 0.51% 2,133 SH
45 SELECT SECTOR SPDR TR XLY 81369Y407 $723.0K 0.49% 6,165 SH
46 CROWDSTRIKE HLDGS INC CRWD 22788C105 $697.5K 0.48% 914 SH
47 CATERPILLAR INC CAT 149123101 $682.6K 0.47% 641 SH
48 SELECT SECTOR SPDR TR XLI 81369Y704 $639.2K 0.44% 3,451 SH
49 VANGUARD WORLD FD VGT 92204A702 $625.3K 0.43% 5,232 SH
50 UNION PAC CORP UNP 907818108 $607.8K 0.41% 2,234 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-15 $146.6M 66 0002053350-26-000004
2026-03-31 2026-04-15 $130.0M 68 0002053350-26-000002
2025-12-31 2026-01-12 $130.4M 66 0002053350-26-000001