RAHLFS CAPITAL, LLC — 13F Holdings & Portfolio

CIK 2056410 · latest 13F-HR filed 2026-07-28

RAHLFS CAPITAL, LLC manages $136.2M in 13F-reported U.S. long-equity assets across 86 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (7.87%), JPST (7.49%), BRK.B (5.51%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 5 new positions, exited 5, added to 31, and trimmed 26.

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
1034 KIOWA DRIVE EAST
LAKE KIOWA, TX 76240
Phone
(214) 460-3992
Filing Manager
RAHLFS CAPITAL, LLC
LAKE KIOWA, TX
Signatory
Brian Rahlfs
Managing Principal
Loading holdings…
AUM

$136.2M

Long-equity book

Holdings

86

Distinct positions

Period

2026-06-30

Filed 2026-07-28

Q/Q Activity

+5 / −5 / ↑31 / ↓26

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • INTEL CORP$3.5M +216.4%
  • ALPHABET INC$1.9M +35.5%
  • APPLE INC$1.3M +14.3%
  • TEXAS INSTRS INC$1.1M +48.4%
  • EBAY INC.$539.8K +38.0%
Show all 31

Top Trims

  • J P MORGAN EXCHANGE TRADED F-$2.5M -20.0%
  • JANUS DETROIT STR TR-$2.4M -90.9%
  • EXXON MOBIL CORP-$1.2M -19.4%
  • VANECK ETF TRUST-$722.2K -17.8%
  • APA CORPORATION-$579.4K -23.3%
Show all 26

New Positions

  • META PLATFORMS INC$2.0M
  • ISHARES INC$905.6K
  • SNOWFLAKE INC$298.3K
  • SYNOPSYS INC$274.3K
  • ISHARES TR$204.6K
Show all 5

Exited Positions

  • TESLA INC$1.5M
  • ADVANCED MICRO DEVICES INC$1.4M
  • AT&T INC$252.4K
  • LOCKHEED MARTIN CORP$210.9K
  • SAN JUAN BASIN RTY TR$52.8K
Show all 5
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 APPLE INC AAPL 037833100 $10.7M 7.87% 37,020 SH
2 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $10.2M 7.49% 201,780 SH
3 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $7.5M 5.51% 14,992 SH
4 ALPHABET INC GOOGL 02079K305 $7.2M 5.28% 20,115 SH
5 WALMART INC WMT 931142103 $5.3M 3.91% 47,015 SH
6 MICROSOFT CORP MSFT 594918104 $5.1M 3.77% 13,765 SH
7 INTEL CORP INTC 458140100 $5.1M 3.77% 36,759 SH
8 EXXON MOBIL CORP XOM 30231G102 $4.9M 3.63% 36,126 SH
9 TEXAS INSTRS INC TXN 882508104 $3.4M 2.53% 11,563 SH
10 VANECK ETF TRUST GDX 92189F106 $3.3M 2.45% 44,255 SH
11 SOUTHERN CO SO 842587107 $2.7M 1.96% 27,895 SH
12 J P MORGAN EXCHANGE TRADED F JEPI 46641Q332 $2.5M 1.83% 44,092 SH
13 AMAZON COM INC AMZN 023135106 $2.4M 1.74% 9,955 SH
14 MCDONALDS CORP MCD 580135101 $2.3M 1.71% 8,610 SH
15 NVIDIA CORPORATION NVDA 67066G104 $2.3M 1.66% 11,270 SH
16 ISHARES TR OEF 464287101 $2.2M 1.64% 6,100 SH
17 NEWMONT CORP NEM 651639106 $2.2M 1.62% 23,585 SH
18 JOHNSON & JOHNSON JNJ 478160104 $2.2M 1.60% 8,600 SH
19 VERIZON COMMUNICATIONS INC VZ 92343V104 $2.2M 1.58% 50,896 SH
20 META PLATFORMS INC META 30303M102 $2.0M 1.46% 3,521 SH
21 EBAY INC. EBAY 278642103 $2.0M 1.44% 17,545 SH
22 TKO GROUP HOLDINGS INC TKO 87256C101 $1.9M 1.42% 9,595 SH
23 APA CORPORATION APA 03743Q108 $1.9M 1.40% 58,700 SH
24 DUKE ENERGY CORP NEW DUK 26441C204 $1.9M 1.39% 14,986 SH
25 EOG RES INC EOG 26875P101 $1.7M 1.25% 13,155 SH
26 ARCHER DANIELS MIDLAND CO ADM 039483102 $1.6M 1.17% 20,810 SH
27 ABBVIE INC ABBV 00287Y109 $1.5M 1.09% 5,899 SH
28 PEPSICO INC PEP 713448108 $1.4M 1.06% 10,665 SH
29 PHILIP MORRIS INTL INC PM 718172109 $1.4M 1.04% 7,829 SH
30 BLACK STONE MINERALS L P BSM 09225M101 $1.4M 1.03% 100,062 SH
31 ISHARES INC EWJ 46434G822 $1.4M 1.01% 14,760 SH
32 CHEVRON CORPORATION CVX 166764100 $1.3M 0.98% 8,069 SH
33 ISHARES INC EWS 46434G780 $1.3M 0.98% 45,095 SH
34 ISHARES TR ILF 464287390 $1.3M 0.95% 38,250 SH
35 ORACLE CORP ORCL 68389X105 $1.2M 0.89% 8,245 SH
36 BRISTOL-MYERS SQUIBB CO BMY 110122108 $1.1M 0.84% 19,851 SH
37 ENERGY TRANSFER L P ET 29273V100 $1.1M 0.82% 58,225 SH
38 TARGET CORP TGT 87612E106 $1.0M 0.74% 7,697 SH
39 ISHARES SILVER TR SLV 46428Q109 $913.0K 0.67% 17,075 SH
40 PFIZER INC PFE 717081103 $907.5K 0.67% 37,686 SH
41 ISHARES INC EWZ 464286400 $905.6K 0.66% 26,250 SH
42 SABINE RTY TR SBR 785688102 $877.3K 0.64% 11,985 SH
43 ALTRIA GROUP INC MO 02209S103 $834.4K 0.61% 11,597 SH
44 GENUINE PARTS CO GPC 372460105 $823.1K 0.60% 6,977 SH
45 DOMINION ENERGY INC D 25746U109 $822.9K 0.60% 12,050 SH
46 COCA COLA CO KO 191216100 $768.1K 0.56% 9,451 SH
47 COMSTOCK RES INC CRK 205768302 $728.8K 0.54% 48,850 SH
48 GOLDMAN SACHS GROUP INC GS 38141G104 $708.0K 0.52% 700 SH
49 UBER TECHNOLOGIES INC UBER 90353T100 $707.1K 0.52% 9,799 SH
50 LIBERTY MEDIA CORP DEL FWONK 531229755 $694.5K 0.51% 7,300 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-28 $136.2M 86 0002056410-26-000003
2026-03-31 2026-05-11 $136.1M 86 0002056410-26-000002
2025-12-31 2026-02-05 $128.8M 84 0002056410-26-000001
2025-09-30 2025-11-12 $126.4M 88 0002056410-25-000007