RAHLFS CAPITAL, LLC — 13F Holdings & Portfolio

CIK 2056410 · latest 13F-HR filed 2026-02-05

RAHLFS CAPITAL, LLC manages $128.8M in 13F-reported U.S. long-equity assets across 84 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are JPST (8.53%), AAPL (7.80%), BRK.B (5.87%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 3 new positions, exited 7, added to 22, and trimmed 29.

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

$128.8M

Long-equity book

Holdings

84

Distinct positions

Period

2025-12-31

Filed 2026-02-05

Q/Q Activity

+3 / −7 / ↑22 / ↓29

vs 2025-09-30

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • J P MORGAN EXCHANGE TRADED F$4.1M +58.8%
  • ALPHABET INC$1.3M +28.8%
  • ISHARES SILVER TR$716.6K +52.0%
  • VANECK ETF TRUST$418.4K +12.3%
  • WALMART INC$311.4K +6.3%
Show all 22

Top Trims

  • NVIDIA CORPORATION-$1.9M -47.0%
  • ORACLE CORP-$863.7K -35.0%
  • MICROSOFT CORP-$844.6K -11.1%
  • FIDELITY WISE ORIGIN BITCOIN-$542.6K -41.0%
  • STRATEGY INC-$463.4K -55.1%
Show all 29

New Positions

  • JANUS DETROIT STR TR$2.7M
  • COMSTOCK RES INC$1.1M
  • FRANCO NEV CORP$321.3K
Show all 3

Exited Positions

  • ULTA BEAUTY INC$1.6M
  • GRAYSCALE BITCOIN TRUST ETF$437.2K
  • SOUTHSIDE BANCSHARES INC$266.2K
  • OCCIDENTAL PETE CORP$236.2K
  • JPMORGAN CHASE & CO.$232.8K
Show all 7
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 J P MORGAN EXCHANGE TRADED F JPST 46641Q837 $11.0M 8.53% 217,005 SH
2 APPLE INC AAPL 037833100 $10.0M 7.80% 36,920 SH
3 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $7.6M 5.87% 15,042 SH
4 MICROSOFT CORP MSFT 594918104 $6.8M 5.27% 14,040 SH
5 ALPHABET INC GOOGL 02079K305 $5.8M 4.52% 18,605 SH
6 WALMART INC WMT 931142103 $5.3M 4.08% 47,165 SH
7 EXXON MOBIL CORP XOM 30231G102 $4.4M 3.38% 36,176 SH
8 VANECK ETF TRUST GDX 92189F106 $3.8M 2.97% 44,655 SH
9 MCDONALDS CORP MCD 580135101 $2.8M 2.18% 9,205 SH
10 JANUS DETROIT STR TR VNLA 47103U886 $2.7M 2.10% 55,000 SH
11 J P MORGAN EXCHANGE TRADED F JEPI 46641Q332 $2.6M 2.05% 46,197 SH
12 SOUTHERN CO SO 842587107 $2.4M 1.89% 27,895 SH
13 NEWMONT CORP NEM 651639106 $2.4M 1.84% 23,710 SH
14 AMAZON COM INC AMZN 023135106 $2.2M 1.71% 9,560 SH
15 NVIDIA CORPORATION NVDA 67066G104 $2.1M 1.63% 11,270 SH
16 ISHARES SILVER TR SLV 46428Q109 $2.1M 1.63% 32,500 SH
17 ISHARES TR OEF 464287101 $2.1M 1.62% 6,100 SH
18 VERIZON COMMUNICATIONS INC VZ 92343V104 $2.1M 1.62% 51,271 SH
19 TEXAS INSTRS INC TXN 882508104 $2.1M 1.61% 11,963 SH
20 TKO GROUP HOLDINGS INC TKO 87256C101 $2.0M 1.58% 9,745 SH
21 JOHNSON & JOHNSON JNJ 478160104 $1.8M 1.43% 8,900 SH
22 TESLA INC TSLA 88160R101 $1.8M 1.38% 3,960 SH
23 DUKE ENERGY CORP NEW DUK 26441C204 $1.8M 1.36% 14,986 SH
24 ORACLE CORP ORCL 68389X105 $1.6M 1.25% 8,245 SH
25 ABBVIE INC ABBV 00287Y109 $1.6M 1.23% 6,949 SH
26 PEPSICO INC PEP 713448108 $1.5M 1.19% 10,665 SH
27 APA CORPORATION APA 03743Q108 $1.4M 1.12% 58,700 SH
28 EBAY INC. EBAY 278642103 $1.4M 1.06% 15,610 SH
29 BLACK STONE MINERALS L P BSM 09225M101 $1.3M 1.03% 100,062 SH
30 PHILIP MORRIS INTL INC PM 718172109 $1.3M 0.98% 7,829 SH
31 ISHARES INC EWS 46434G780 $1.2M 0.96% 45,095 SH
32 CHEVRON CORP NEW CVX 166764100 $1.2M 0.96% 8,069 SH
33 ISHARES INC EWJ 46434G822 $1.2M 0.93% 14,760 SH
34 INTEL CORP INTC 458140100 $1.2M 0.90% 31,334 SH
35 COMSTOCK RES INC CRK 205768302 $1.1M 0.89% 49,350 SH
36 BRISTOL-MYERS SQUIBB CO BMY 110122108 $1.1M 0.84% 19,961 SH
37 ABBOTT LABS ABT 002824100 $1.0M 0.81% 8,340 SH
38 PFIZER INC PFE 717081103 $938.4K 0.73% 37,686 SH
39 ADVANCED MICRO DEVICES INC AMD 007903107 $926.2K 0.72% 4,325 SH
40 GENUINE PARTS CO GPC 372460105 $881.0K 0.68% 7,165 SH
41 COUPANG INC CPNG 22266T109 $822.7K 0.64% 34,875 SH
42 SABINE RTY TR SBR 785688102 $821.8K 0.64% 11,985 SH
43 UBER TECHNOLOGIES INC UBER 90353T100 $817.0K 0.63% 9,999 SH
44 LIBERTY MEDIA CORP DEL FWONK 531229755 $797.9K 0.62% 8,100 SH
45 FIDELITY WISE ORIGIN BITCOIN FBTC 315948109 $781.4K 0.61% 10,250 SH
46 TARGET CORP TGT 87612E106 $752.4K 0.58% 7,697 SH
47 ADOBE INC ADBE 00724F101 $737.4K 0.57% 2,107 SH
48 DOMINION ENERGY INC D 25746U109 $706.0K 0.55% 12,050 SH
49 EOG RES INC EOG 26875P101 $702.5K 0.55% 6,690 SH
50 ALTRIA GROUP INC MO 02209S103 $668.7K 0.52% 11,597 SH
Filing History
Period Filed AUM Holdings Accession
2025-12-31 2026-02-05 $128.8M 84 0002056410-26-000001
2025-09-30 2025-11-12 $126.4M 88 0002056410-25-000007