1y return+17.1%S&P 500 +20.9%
3y return+59.1%S&P 500 +68.5%
5y return+49.3%S&P 500 +74.5%
10y return+202.5%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $303 against $357 in the S&P 500.2
B & T Capital Management DBA Alpha Capital ManagementS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BNDVanguard Bd Index Fds | $80.4M | 10.5% | −4.7% |
| QQQInvesco Qqq Tr | $59.2M | 7.8% | −12.4% |
| VIGIVanguard Whitehall Fds | $29.1M | 3.8% | +1.1% |
| VNQVanguard Index Fds | $23.5M | 3.1% | +4.1% |
| QTUMEtf Ser Solutions | $23.5M | 3.1% | −2.3% |
| SCHXSchwab Strategic Tr | $22.9M | 3.0% | −1.6% |
| IGFIshares Tr | $22.3M | 2.9% | +58.2% |
| SCHGSchwab Strategic Tr | $21.4M | 2.8% | −2.5% |
| BILSpdr Series Trust | $16.9M | 2.2% | +333.7% |
| JMEEJ P Morgan Exchange Traded F | $16.3M | 2.1% | |
| TBILRbb Fd Inc | $16.3M | 2.1% | +167.5% |
| SDVYFirst Tr Exchange Traded Fd | $15.7M | 2.1% | |
| AAPLApple Inc | $14.4M | 1.9% | −6.9% |
| GOOGLAlphabet Inc | $14.2M | 1.9% | −4.3% |
| NVDANvidia Corporation | $13.3M | 1.7% | −3.5% |
| JPMJpmorgan Chase & Co | $12.1M | 1.6% | |
| AMZNAmazon Com Inc | $11.2M | 1.5% | −4.0% |
| PWRQuanta Svcs Inc | $10.9M | 1.4% | −26.8% |
| AESIAtlas Energy Solutions Inc | $10.6M | 1.4% | |
| BXBlackstone Inc | $9.7M | 1.3% | +9.2% |
| NEENextera Energy Inc | $9.6M | 1.3% | |
| KKRKkr & Co Inc | $9.4M | 1.2% | +9.0% |
| TSMTaiwan Semiconductor Manufac | $8.5M | 1.1% | −3.1% |
| CATCaterpillar Inc | $8.5M | 1.1% | −2.9% |
| METAMeta Platforms Inc | $8.2M | 1.1% | −1.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $13.3M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $8.1M |
| PANWPalo Alto Networks Inc | June 30, 2020 | +790.9% | $7.0M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $8.5M |
| WSMWilliams Sonoma Inc | June 30, 2020 | +468.5% | $7.8M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $14.2M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $12.1M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $14.4M |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $7.8M |
| QQQInvesco Qqq Tr | June 30, 2020 | +197.4% | $59.2M |
Sold off last quarter
- IGVIshares Tr was $12.9M
- Honeywell Intl IncCUSIP 438516106 was $8.4M
- ROPRoper Technologies Inc was $2.7M
- UBERUber Technologies Inc was $2.5M
- BullishCUSIP G16910120 was $783K
- ICSHIshares Tr was $301K
- GSYInvesco Actively Managed Exc was $271K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.0% | +14.8% |
| March 31, 2026 | −2.2% | −4.6% |
| December 31, 2025 | +0.4% | +2.4% |
| September 30, 2025 | +7.5% | +7.8% |
| June 30, 2025 | +10.8% | +10.5% |
| March 31, 2025 | −4.9% | −4.6% |
| December 31, 2024 | +2.7% | +2.1% |
| September 30, 2024 | +6.9% | +5.4% |
| June 30, 2024 | +0.5% | +4.0% |
| March 31, 2024 | +8.2% | +10.0% |
| December 31, 2023 | +11.5% | +11.2% |
| September 30, 2023 | −3.1% | −3.6% |
| June 30, 2023 | +7.9% | +8.3% |
| March 31, 2023 | +7.7% | +7.0% |
| December 31, 2022 | +6.0% | +7.1% |
| September 30, 2022 | −3.7% | −5.3% |
| June 30, 2022 | −16.9% | −16.5% |
| March 31, 2022 | −7.1% | −4.9% |
| December 31, 2021 | +4.9% | +10.7% |
| September 30, 2021 | −2.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: B & T Capital Management DBA Alpha Capital Management Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1450935&type=13F-HR&dateb=&owner=include&count=40CIK 1450935
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1450935/000145093526000009/Filed August 7, 2026 · accession 0001450935-26-000009