SHEPHERD KAPLAN KROCHUK, LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$115.1B

Holdings

57

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (57 positions)

#StockSharesValue% PortfolioType
1
ANGLVANECK ETF TRUST
298,616$8.7B7.60%
2
USMVISHARES TR
75,749$7.1B6.18%
3
AAPLAPPLE INC
30,323$6.2B5.41%
4
VTIVANGUARD INDEX FDS
19,922$6.1B5.26%
5
SCHVSCHWAB STRATEGIC TR
199,296$5.5B4.79%
6
JQUAJ P MORGAN EXCHANGE TRADED F
84,065$5.0B4.39%
7
MTUMISHARES TR
18,501$4.4B3.86%
8
JMBSJANUS DETROIT STR TR
94,966$4.3B3.72%
9
ETENERGY TRANSFER L P
224,768$4.1B3.54%
10
CPBTHE CAMPBELLS COMPANY
129,993$4.0B3.46%
11
IJRISHARES TR
33,015$3.6B3.13%
12
ACWIISHARES TR
27,318$3.5B3.05%
13
PMBSPIMCO ETF TR
33,056$3.2B2.79%
14
ZROZPIMCO ETF TR
47,814$3.2B2.79%
15
SHVISHARES TR
28,885$3.2B2.77%
16
HDEFDBX ETF TR
102,716$3.0B2.58%
17
BRK/BBERKSHIRE HATHAWAY INC DEL
5,827$2.8B2.46%
18
SCHDSCHWAB STRATEGIC TR
101,559$2.7B2.34%
19
SPDNDIREXION SHS ETF TR
223,145$2.3B2.00%
20
VOVANGUARD INDEX FDS
7,977$2.2B1.94%
21
JEPIJ P MORGAN EXCHANGE TRADED F
39,200$2.2B1.94%
22
VNQVANGUARD INDEX FDS
23,458$2.1B1.82%
23
KMIKINDER MORGAN INC DEL
68,985$2.0B1.76%
24
PGXINVESCO EXCH TRADED FD TR II
152,164$1.7B1.47%
25
SSPYEXCHANGE LISTED FDS TR
17,039$1.4B1.22%
26
SGOVISHARES TR
13,220$1.3B1.16%
27
VIOOVANGUARD ADMIRAL FDS INC
11,135$1.1B0.98%
28
DUKDUKE ENERGY CORP NEW
7,950$938.1M0.82%
29
PFEPFIZER INC
37,699$913.8M0.79%
30
JPEMJ P MORGAN EXCHANGE TRADED F
15,692$885.2M0.77%
31
IVWISHARES TR
7,938$874.0M0.76%
32
MGAMAGNA INTL INC
22,272$859.9M0.75%
33
GILDGILEAD SCIENCES INC
7,552$837.3M0.73%
34
IVVISHARES TR
1,331$826.6M0.72%
35
IBITISHARES BITCOIN TRUST ETF
13,160$805.5M0.70%
36
IBMINTERNATIONAL BUSINESS MACHS
2,618$771.7M0.67%
37
VTEBVANGUARD MUN BD FDS
15,724$770.9M0.67%
38
DOWDOW INC
28,459$753.6M0.65%
39
EPDENTERPRISE PRODS PARTNERS L
22,538$698.9M0.61%
40
GSIEGOLDMAN SACHS ETF TR
17,264$684.7M0.59%
41
BENFRANKLIN RESOURCES INC
27,836$663.9M0.58%
42
NEMNEWMONT CORP
10,921$636.3M0.55%
43
BIVVANGUARD BD INDEX FDS
7,896$610.7M0.53%
44
PNCPNC FINL SVCS GROUP INC
3,147$586.7M0.51%
45
NUVNUVEEN MUN VALUE FD INC
61,432$533.8M0.46%
46
BACVERIZON COMMUNICATIONS INC
12,027$520.4M0.45%
47
AMLPALPS ETF TR
10,629$519.3M0.45%
48
NDQINVESCO QQQ TR
919$506.7M0.44%
49
CMCSACOMCAST CORP NEW
12,918$461.0M0.40%
50
VUGVANGUARD INDEX FDS
1,042$456.6M0.40%
51
SPYSPDR S&P 500 ETF TR
593$366.1M0.32%
52
OSEAHARBOR ETF TRUST
11,657$341.2M0.30%
53
TAT&T INC
10,714$310.1M0.27%
54
GQ9SPDR GOLD TR
959$292.3M0.25%
55
VOOVANGUARD INDEX FDS
508$288.8M0.25%
56
MSFTMICROSOFT CORP
411$204.4M0.18%
57
NRGVENERGY VAULT HOLDINGS INC
72,657$52.1M0.05%