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CARLSON FINANCIAL, INC. — 13F Holdings & Portfolio

CIK 2134889 · latest 13F-HR filed 2026-08-24

Backtest portfolio

CARLSON FINANCIAL, INC. manages $196.1M in 13F-reported U.S. long-equity assets across 195 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (8.81%), AXON (4.59%), TSLA (4.10%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 24 new positions and exited 10; 98 existing positions rose in reported value and 33 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.

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AUM
$196.1M

Long-equity book

Holdings
195

Distinct positions

Period
2026-06-30

Filed 2026-08-24

Q/Q Activity
+24 / −10 / ↑98 / ↓33

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
NVDA8.8% · -1%AXON4.6% · +3%TSLA4.1% · +4%BIBL3.7% · +1%DGRO2.9% · +4%RDVY2.7% · -4%PAVE2.6% · +0%SHOP2.3% · +1%CAT2.1% · -2%AAPL2.0% · +1%SDVY1.9% · -0%AIRR1.7% · +3%AMZN1.4% · +0%TPHD1.3% · +1%BLES1.2% · -0%MU1.2% · -16%FTCS1.2% · -12%MSFT1.1% · +2%CIBR1.0% · +2%PWR1.0% · -1%SHLD1.0% · +2%USAI0.9% · +5%AVGO0.9% · -4%ABBV0.9% · -1%PPA0.9% · -1%COST0.8% · -10%NLR0.8% · +2%LMBS0.8% · -2%ISMD0.8% · +0%CARR0.8% · -1%BROS0.8% · +2%PTL0.8% · +1%FVD0.7% · -3%AMD0.7% · -4%HYDR0.7% · +8%GLRY0.7% · +5%XMMO0.7% · +0%UPS0.6% · -1%PLTR0.6% · +1%JPM0.6% · +3%GRID0.6% · +37%HWM0.6% · -4%PULS0.6% · +9%RWJ0.6% · -46%UNP0.6% · +0%INCM0.5% · +10%NEE0.5% · +41%SPCX0.5% · newJMST0.5% · 0%PG0.5% · +4%GS0.5% · +0%ARKX0.5% · +62%VLO0.5% · -45%XMLV0.4% · -0%CAVA0.4% · -0%GNRC0.4% · -1%JNJ0.4% · +4%XLE0.4% · -2%URA0.4% · +2%TSM0.4% · +6%

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

2 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 = 35.7%

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

Firm Profile & Key People
Name Title / Status Ownership Type

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 98 →

Top Trims

Show all 33 →

New Positions

Show all 24 →

Exited Positions

Show all 10 →

CARLSON FINANCIAL, INC. 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 NVIDIA CORPORATION NVDA 67066G104 $17.3M 8.81% 86,267 SH
2 AXON ENTERPRISE INC AXON 05464C101 $9.0M 4.59% 16,039 SH
3 TESLA INC TSLA 88160R101 $8.0M 4.10% 19,118 SH
4 NORTHERN LTS FD TR IV BIBL 66538H534 $7.2M 3.68% 124,700 SH
5 ISHARES TR DGRO 46434V621 $5.6M 2.86% 74,069 SH
6 FIRST TR EXCHANGE TRADED FD RDVY 33738R506 $5.3M 2.68% 64,855 SH
7 GLOBAL X FDS PAVE 37954Y673 $5.1M 2.59% 86,025 SH
8 SHOPIFY INC SHOP 82509L107 $4.5M 2.31% 39,730 SH
9 CATERPILLAR INC CAT 149123101 $4.2M 2.14% 3,935 SH
10 APPLE INC AAPL 037833100 $3.9M 1.98% 13,386 SH
11 FIRST TR EXCHANGE TRADED FD SDVY 33741X102 $3.7M 1.88% 85,441 SH
12 FIRST TR EXCHANGE TRADED FD AIRR 33738R704 $3.3M 1.67% 24,605 SH
13 AMAZON COM INC AMZN 023135106 $2.7M 1.36% 11,149 SH
14 TIMOTHY PLAN TPHD 887432326 $2.6M 1.31% 60,871 SH
15 NORTHERN LTS FD TR IV BLES 66538H658 $2.4M 1.25% 51,333 SH
16 MICRON TECHNOLOGY INC MU 595112103 $2.4M 1.23% 2,086 SH
17 FIRST TR EXCHANGE-TRADED FD FTCS 33733E104 $2.4M 1.22% 25,406 SH
18 MICROSOFT CORP MSFT 594918104 $2.2M 1.11% 5,807 SH
19 FIRST TR EXCHANGE-TRADED FD CIBR 33734X846 $2.0M 1.00% 21,886 SH
20 QUANTA SVCS INC PWR 74762E102 $1.9M 0.96% 2,610 SH
21 GLOBAL X FDS SHLD 37960A529 $1.9M 0.96% 31,488 SH
22 PACER FDS TR USAI 69374H634 $1.8M 0.92% 39,852 SH
23 BROADCOM INC AVGO 11135F101 $1.8M 0.90% 4,646 SH
24 ABBVIE INC ABBV 00287Y109 $1.7M 0.87% 6,770 SH
25 INVESCO EXCHANGE TRADED FD T PPA 46137V100 $1.7M 0.86% 9,494 SH
26 COSTCO WHOLESALE CORPORATION COST 22160K105 $1.6M 0.84% 1,760 SH
27 VANECK ETF TRUST NLR 92189F601 $1.6M 0.83% 14,097 SH
28 FIRST TR EXCHANGE-TRADED FD LMBS 33739Q200 $1.6M 0.83% 32,821 SH
29 NORTHERN LTS FD TR IV ISMD 66538H641 $1.6M 0.81% 31,681 SH
30 CARRIER GLOBAL CORPORATION CARR 14448C104 $1.6M 0.80% 21,429 SH
31 DUTCH BROS INC BROS 26701L100 $1.5M 0.78% 21,239 SH
32 NORTHERN LTS FD TR IV PTL 66537J796 $1.5M 0.77% 5,244 SH
33 FIRST TR EXCHANGE-TRADED FD FVD 33734H106 $1.4M 0.74% 30,031 SH
34 ADVANCED MICRO DEVICES INC AMD 007903107 $1.3M 0.68% 2,297 SH
35 GLOBAL X FDS HYDR 37960A420 $1.3M 0.67% 24,616 SH
36 NORTHERN LTS FD TR IV GLRY 66538H369 $1.3M 0.66% 29,767 SH
37 INVESCO EXCHANGE TRADED FD T XMMO 46137V464 $1.3M 0.66% 7,626 SH
38 UNITED PARCEL SVCS INC UPS 911312106 $1.2M 0.63% 11,567 SH
39 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $1.2M 0.62% 10,349 SH
40 JPMORGAN CHASE & CO JPM 46625H100 $1.2M 0.61% 3,638 SH
41 FIRST TR EXCHANGE-TRADED FD GRID 33737A108 $1.1M 0.58% 5,953 SH
42 HOWMET AEROSPACE INC HWM 443201108 $1.1M 0.58% 4,227 SH
43 PGIM ETF TR PULS 69344A107 $1.1M 0.57% 22,476 SH
44 INVESCO EXCH TRADED FD TR II RWJ 46138G664 $1.1M 0.57% 18,700 SH
45 UNION PAC CORP UNP 907818108 $1.1M 0.55% 3,993 SH
46 FRANKLIN TEMPLETON ETF TR INCM 35473P439 $1.1M 0.54% 36,705 SH
47 NEXTERA ENERGY INC NEE 65339F101 $1.0M 0.53% 11,810 SH
48 SPACE EXPLORATION TECHN CORP SPCX 84615Q103 $1.0M 0.52% 6,022 SH
49 J P MORGAN EXCHANGE TRADED F JMST 46641Q654 $1.0M 0.52% 20,150 SH
50 PROCTER & GAMBLE CO PG 742718109 $1.0M 0.51% 6,870 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-24 $196.1M 195 0002085853-26-001066
2026-03-31 2026-08-24 $169.6M 181 0002085853-26-001065
Filer Information
Address
266 NW 1ST AVE
CANBY, OR 97013
Phone
(503) 266-4848
Filing Manager
CARLSON FINANCIAL, INC.
CANBY, OR
Signatory
Paul Carlson
President/CCO