Returns–Not enough quarters yet
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.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| HBANHuntington Bancshares Inc | $36.4M | 7.5% | +622.0% |
| WFCWells Fargo & Co | $27.3M | 5.6% | +626.2% |
| PNFPPinnacle Finl Partners Inc | $26.2M | 5.4% | +331.6% |
| COFCapital One Finl Corp | $24.6M | 5.1% | New |
| JPMJpmorgan Chase & Co | $22.4M | 4.6% | +948.1% |
| PGProcter & Gamble Co | $21.3M | 4.4% | +1068.8% |
| BACBank Of Amer Corp | $18.0M | 3.7% | +556.5% |
| TFCTruist Finl Corp | $16.4M | 3.4% | +640.3% |
| MCDMcdonalds Corp | $15.1M | 3.1% | New |
| DVNDevon Energy Corp New | $13.7M | 2.8% | New |
| FHNFirst Horizon Corporation | $13.2M | 2.7% | +795.4% |
| EXEExpand Energy Corporation | $12.6M | 2.6% | +482.3% |
| PMPhilip Morris Intl Inc | $12.6M | 2.6% | New |
| HALHalliburton Co | $12.6M | 2.6% | +736.8% |
| ONBOld Natl Bancorp Ind | $12.0M | 2.5% | +491.7% |
| SSBSouthstate Bk Corp | $12.0M | 2.5% | +562.6% |
| MAMastercard Incorporated | $11.6M | 2.4% | New |
| COLBColumbia Bkg Sys Inc | $11.1M | 2.3% | +422.5% |
| ARAntero Resources Corp | $10.9M | 2.3% | New |
| CVXChevron Corporation | $9.7M | 2.0% | +362.3% |
| CBRECbre Group Inc | $9.6M | 2.0% | +498.8% |
| MTDRMatador Res Co | $9.5M | 2.0% | +463.3% |
| PSXPhillips 66 | $9.4M | 1.9% | +371.0% |
| UPSUnited Parcel Svcs Inc | $8.5M | 1.8% | +283.6% |
| CLXClorox Co Del | $8.3M | 1.7% | +381.2% |
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 |
|---|---|---|---|
| PSXPhillips 66 | June 30, 2025 | +41.7% | $9.4M |
| UPSUnited Parcel Svcs Inc | September 30, 2025 | +28.7% | $8.5M |
| ONBOld Natl Bancorp Ind | June 30, 2025 | +21.4% | $12.0M |
| MTDRMatador Res Co | December 31, 2025 | +17.3% | $9.5M |
| PNFPPinnacle Finl Partners Inc | March 31, 2026 | +17.1% | $26.2M |
| COLBColumbia Bkg Sys Inc | March 31, 2026 | +16.8% | $11.1M |
| BACBank Of Amer Corp | September 30, 2025 | +10.4% | $18.0M |
| Webster Finl CorpCUSIP 947890109 | March 31, 2026 | +10.1% | $2.7M |
| NSCNorfolk Southn Corp | December 31, 2025 | +9.0% | $7.5M |
| TFCTruist Finl Corp | March 31, 2026 | +8.4% | $16.4M |
Sold off last quarter
- Swk Hldgs CorpCUSIP 78501P203 was $144.5M
- CFRCullen Frost Bankers Inc was $4.0M
- Sealed Air Corp NewCUSIP 81211K100 was $3.2M
- HDHome Depot Inc was $3.1M
- SLBSlb Limited was $2.2M
- OVVOvintiv Inc was $2.0M
- STTState Str Corp was $2.0M
- FNDFloor & Decor Hldgs Inc was $1.9M
- NDAQNasdaq Inc was $1.7M
- WHDCactus Inc was $1.6M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| March 31, 2026 | +0.6% | −4.6% |
| December 31, 2025 | +12.5% | +2.4% |
| September 30, 2025 | +1.1% | +7.8% |
| June 30, 2025 | −13.0% | +10.5% |
| March 31, 2025 | +7.7% | −4.6% |
| December 31, 2024 | −8.0% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | −8.9% | +4.0% |
| March 31, 2024 | +4.4% | +10.0% |
| December 31, 2023 | +5.1% | +11.2% |
| September 30, 2023 | −2.5% | −3.6% |
| June 30, 2023 | +1.8% | +8.3% |
| March 31, 2023 | −2.4% | +7.0% |
| December 31, 2022 | +2.7% | +7.1% |
| September 30, 2022 | −1.8% | −5.3% |
| June 30, 2022 | −10.1% | −16.5% |
| March 31, 2022 | −2.8% | −4.9% |
| December 31, 2021 | +9.1% | +10.7% |
| September 30, 2021 | +1.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Carlson Capital, L.P. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1056973&type=13F-HR&dateb=&owner=include&count=40CIK 1056973
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1056973/000105697326000010/Filed August 12, 2026 · accession 0001056973-26-000010