B & T Capital Management DBA Alpha Capital Management

Registered adviser

CIK

1450935

Location

AUSTIN, TX

Portfolio Value

Small $770,344,365

Diversification

Diversified

Filing Date

Global Rank

#2,968 / 8,818 ▼ 39

Top Industry

Semiconductors 9.4%

Period ended 4 months ago

Filed Aug 7, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 121703

Roster of Oct 1, 2026

Regulatory AUM

$871,430,846

Main clients

Individuals and high net worth (98% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$871,430,846	Individuals and high net worth (98%)
Mar 2025 to Mar 2026	$766,253,241	Individuals and high net worth (97%)
Mar 2024 to Feb 2025	$672,587,766	Individuals and high net worth (97%)
May 2023 to Feb 2024	$564,234,176	Individuals and high net worth (97%)
Mar 2023 to Apr 2023	$564,234,176	Individuals and high net worth (97%)
Mar 2022 to Feb 2023	$674,577,371	Individuals and high net worth (97%)

3 earlier changes not shown.

Stated strategy

Quantitative / systematic, Fixed income / rates, Multi-asset, Wealth management / planning Form ADV Part 2A, Mar 31, 2026 · original

In the firm's words

Quantitative / systematic: quantitative methods for optimizing client portfolios
Fixed income / rates: We occasionally invest clients’ assets in Junk Bonds or High-Yield, lower rated securities.
Multi-asset: Portfolios can consist of equity securities, warrants, corporate debt, commercial paper, certificates of deposit, municipal securities, investment company shares, US government securities, options, cash and other securities or a combination of all
Wealth management / planning: When mutual funds are used to implement a portfolio, we choose from mutual funds available through our clients’ account custodians.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 44.3%, 31.0 effective positions, active share 70.6% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

27.7% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.8 quarters (12+), a floor since 39.4% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 70.6%; sector active share 36.0% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

128 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

10.5%

−1.9 pts

Top 5

31.1%

−3.0 pts

Top 10

43.9%

−1.8 pts

HHI

318

Diversified−41

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	49.0%	$377,540,377	39
Technology	12.4%	$95,703,001	27
Financial Services	8.1%	$62,393,512	12
Industrials	7.0%	$54,102,577	12
Consumer Cyclical	5.5%	$42,259,431	8
Communication Services	4.2%	$32,370,661	7
Energy	3.7%	$28,495,710	5
Healthcare	3.4%	$26,317,129	5
Consumer Defensive	2.6%	$19,900,406	5
Basic Materials	2.2%	$16,731,134	4
Utilities	1.7%	$13,156,005	3
Real Estate	0.2%	$1,374,422	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
TBIL	F/m US Treasury 3 Month Bill Fund	+204,166	326,051	$16,256,902
—		+141,651	184,103	$16,871,198
IGF	iShares Global Infrastructure ETF	+123,381	335,509	$22,344,899
KVUE	Kenvue Inc.	+18,440	265,605	$5,075,711
VO	VANGUARD MID-CAP INDEX FUND	+12,536	16,770	$1,351,158
VNQ	VANGUARD REAL ESTATE INDEX FUND	+9,585	243,879	$23,517,251
KKR	KKR & Co. Inc.	+8,421	101,903	$9,352,657
BX	Blackstone Inc.	+6,933	82,413	$9,697,537
TBUX	T. Rowe Price Ultra Short-Term Bond ETF	+6,000	31,000	$1,542,870
VIGI	Vanguard Whitehall Funds	+3,325	311,596	$29,096,834
JHX	James Hardie Industries plc	+3,123	144,250	$3,776,465
—		+3,013	6,400	$359,424
AESI	Atlas Energy Solutions Inc.	+2,452	635,481	$10,555,339
VEA	Vanguard FTSE Developed Markets ETF	+1,638	11,162	$795,292
SBUX	Starbucks Corp	+1,461	54,262	$5,545,033
RH	Rh	+1,299	20,163	$3,321,450
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	+1,219	364,252	$15,713,831
CVX	Chevron Corp	+1,180	30,029	$4,977,607
PEP	Pepsico Inc	+1,112	35,169	$4,761,882
MRK	Merck & Co., Inc.	+812	50,298	$6,463,293
ORCL	Oracle Corp	+665	31,793	$4,659,264
FAST	Fastenal Co	+651	136,529	$6,557,487
DIS	Walt Disney Co	+605	54,237	$5,220,311
PLTR	Palantir Technologies Inc.	+547	38,169	$4,453,177
ABBV	AbbVie Inc.	+513	28,706	$7,223,577
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−54,569	1,094,723	$80,363,615
SOFI	SoFi Technologies, Inc.	−46,935	225,592	$4,044,864
INFQ	Infleqtion, Inc.	−40,371	57,056	$759,985
HON	Honeywell International Inc	−25,071	12,178	$2,726,654
SNOW	Snowflake Inc.	−19,843	17,726	$4,511,267
SCHG	Schwab U.S. Large-Cap Growth ETF	−16,195	632,037	$21,388,132
SCHX	Schwab U.S. Large-Cap ETF	−12,442	779,637	$22,944,716
QQQ	Invesco Qqq Trust, Series 1	−11,374	80,436	$59,233,070
BLOK	Amplify Blockchain Technology ETF	−10,308	18,808	$1,177,945
AVGO	Broadcom Inc.	−9,395	21,334	$8,058,918
PWR	Quanta Services, Inc.	−5,525	15,083	$10,860,363
PDBC	Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF	−4,000	10,115	$160,626
DELL	Dell Technologies Inc.	−3,737	2,965	$1,279,278
AAPL	Apple Inc.	−3,708	49,931	$14,448,034
CRWV	CoreWeave, Inc.	−3,450	8,371	$833,249
—		−3,391	141,848	$23,458,822
ARM	Arm Holdings PLC	−2,823	5,048	$1,789,869
NVDA	Nvidia Corp	−2,435	66,537	$13,313,388
AMZN	Amazon Com Inc	−1,959	46,872	$11,171,472
GOOGL	Alphabet Inc.	−1,768	39,807	$14,225,827
IWM	iShares Russell 2000 ETF	−1,679	3,634	$1,091,835
MU	Micron Technology Inc	−1,637	1,994	$2,301,654
PANW	Palo Alto Networks Inc	−1,627	20,601	$7,025,353
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	−1,525	2,450	$246,984
SCHD	Schwab U.S. Dividend Equity ETF	−1,350	71,828	$2,277,665
No positions match the current search.

New Positions

Positions the filer opened this quarter

19 positions

Ticker	Company	Shares	Value
ETN	Eaton Corp plc	7,731	$3,294,333
JCI	Johnson Controls International plc	22,093	$3,228,008
HONA	Honeywell Aerospace Inc.	12,120	$2,679,489
NFLX	Netflix Inc	34,920	$2,493,288
HAL	Halliburton Co	65,440	$2,221,688
BE	Bloom Energy Corp	2,697	$816,381
TLN	Talen Energy Corp	1,683	$646,709
NBIS	Nebius Group N.V.	1,419	$391,885
VTV	VANGUARD VALUE INDEX FUND	1,580	$344,329
COHR	Coherent Corp.	864	$340,822
GLW	Corning Inc	1,318	$336,656
INTC	Intel Corp	2,276	$317,797
QCOM	Qualcomm Inc	1,500	$277,185
—		1,104	$271,815
JFLX	JPMorgan Flexible Debt ETF	5,005	$252,252
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	956	$232,298
SCHV	Schwab U.S. Large-Cap Value ETF	6,472	$225,290
FELG	Fidelity Enhanced Large Cap Growth ETF	5,004	$218,925
TXN	Texas Instruments Inc	710	$211,629
No positions match the current search.

Sold Out

Positions the filer fully exited

6 positions

Ticker	Company	Shares	Value
IGV	iShares Expanded Tech-Software Sector ETF	161,373	$12,917,908
ROP	Roper Technologies Inc	7,502	$2,654,657
UBER	Uber Technologies, Inc	35,413	$2,547,257
BLSH	Bullish	21,907	$782,737
ICSH	iShares Ultra Short Duration Bond Active ETF	5,956	$301,492
GSY	Invesco Ultra Short Duration ETF	5,400	$270,648
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

128 tracked positions · $770,344,365 total · filing declares 129 positions · $770,345,682 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 128 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	Reduced	1,094,723	-54,569	$80,363,615	−5.0%	20	$74.41	10.43%
QQQ	Invesco Qqq Trust, Series 1	Reduced	80,436	-11,374	$59,233,070	+11.8%	26+	before history	7.69%
VIGI	Vanguard Whitehall Funds	Added	311,596	+3,325	$29,096,834	+6.7%	11	$76.53	3.78%
VNQ	VANGUARD REAL ESTATE INDEX FUND	Added	243,879	+9,585	$23,517,251	+13.2%	21	$94.98	3.05%
		Reduced	141,848	-3,391	$23,458,822	+50.5%	5	$99.27	3.05%
SCHX	Schwab U.S. Large-Cap ETF	Reduced	779,637	-12,442	$22,944,716	+13.0%	26+	before history	2.98%
IGF	iShares Global Infrastructure ETF	Added	335,509	+123,381	$22,344,899	+57.2%	4	unpriced	2.90%
SCHG	Schwab U.S. Large-Cap Growth ETF	Reduced	632,037	-16,195	$21,388,132	+13.3%	26+	before history	2.78%
		Added	184,103	+141,651	$16,871,198	+333.7%	4	$91.54	2.19%
JMEE	JPMorgan Small & Mid Cap Enhanced Equity ETF	Reduced	209,506	-193	$16,347,753	+16.8%	7	$62.47	2.12%
TBIL	F/m US Treasury 3 Month Bill Fund	Added	326,051	+204,166	$16,256,902	+167.5%	10	$49.92	2.11%
SDVY	First Trust SMID Cap Rising Dividend Achievers ETF	Added	364,252	+1,219	$15,713,831	+9.8%	7	$37.28	2.04%
AAPL	Apple Inc. Technology	Reduced	49,931	-3,708	$14,448,034	+6.1%	26+	before history	1.88%
GOOGL	Alphabet Inc. Communication Services	Reduced	39,807	-1,768	$14,225,827	+19.0%	26+	before history	1.85%
NVDA	Nvidia Corp Technology	Reduced	66,537	-2,435	$13,313,388	+10.7%	25	unpriced	1.73%
SPY	Spdr S&P 500 ETF Trust PUT + SHARES	Added	16,555	+9,692	$12,362,777	+177.0%	26+	before history	1.60%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	36,817	-367	$12,051,308	+10.2%	26+	before history	1.56%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	46,872	-1,959	$11,171,472	+9.8%	26+	before history	1.45%
PWR	Quanta Services, Inc. Industrials	Reduced	15,083	-5,525	$10,860,363	−4.0%	6	$289.24	1.41%
AESI	Atlas Energy Solutions Inc. Energy	Added	635,481	+2,452	$10,555,339	+27.1%	11	$15.52	1.37%
BX	Blackstone Inc. Financial Services	Added	82,413	+6,933	$9,697,537	+11.7%	26+	before history	1.26%
NEE	Nextera Energy Inc Utilities	Added	109,534	+33	$9,613,799	−5.5%	11	$57.86	1.25%
KKR	KKR & Co. Inc. Financial Services	Added	101,903	+8,421	$9,352,657	+8.2%	26+	before history	1.21%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	17,865	-566	$8,531,788	+37.0%	6	$189.34	1.11%
CAT	Caterpillar Inc Industrials	Reduced	8,000	-235	$8,519,200	+46.0%	26+	before history	1.11%
META	Meta Platforms, Inc. Communication Services	Reduced	14,531	-225	$8,185,166	−3.0%	26+	before history	1.06%
AVGO	Broadcom Inc. Technology	Reduced	21,334	-9,395	$8,058,918	−15.3%	26+	before history	1.05%
WSM	Williams Sonoma Inc Consumer Cyclical	Reduced	33,634	-658	$7,840,085	+25.4%	26+	before history	1.02%
XOM	ExxonMobil Holdings Corp Energy	Reduced	57,156	-268	$7,814,368	−19.8%	26+	before history	1.01%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	4,396	-314	$7,461,726	−8.4%	26+	before history	0.97%
MSFT	Microsoft Corp Technology	Reduced	19,518	-192	$7,280,604	−0.2%	26+	before history	0.95%
ABBV	AbbVie Inc. Healthcare	Added	28,706	+513	$7,223,577	+17.8%	25	$101.65	0.94%
PANW	Palo Alto Networks Inc Technology	Reduced	20,601	-1,627	$7,025,353	+97.1%	26+	before history	0.91%
FAST	Fastenal Co Industrials	Added	136,529	+651	$6,557,487	+4.0%	22	$26.46	0.85%
WMT	Walmart Inc. Consumer Defensive	Reduced	57,543	-539	$6,517,320	−9.7%	26+	before history	0.85%
MRK	Merck & Co., Inc. Healthcare	Added	50,298	+812	$6,463,293	+8.6%	26+	before history	0.84%
VMC	Vulcan Materials CO Basic Materials	Added	20,905	+11	$6,167,184	+8.4%	26+	before history	0.80%
V	Visa Inc. Financial Services	Added	17,697	+138	$6,071,663	+14.4%	26+	before history	0.79%
IBM	International Business Machines Corp Technology	Added	20,366	+443	$5,727,122	+18.6%	6	$247.26	0.74%
AMGN	Amgen Inc Healthcare	Added	15,764	+168	$5,708,459	+4.0%	10	$293.33	0.74%
PH	Parker-Hannifin Corp Industrials	Added	5,781	+92	$5,654,511	+11.0%	12	$426.12	0.73%
SBUX	Starbucks Corp Consumer Cyclical	Added	54,262	+1,461	$5,545,033	+17.2%	4	$89.51	0.72%
BLK	BlackRock, Inc. Financial Services	Added	5,737	+104	$5,516,469	+1.8%	7	$1,016.18	0.72%
LMT	Lockheed Martin Corp Industrials	Added	10,456	+249	$5,326,913	−13.7%	26+	before history	0.69%
GS	Goldman Sachs Group Inc Financial Services	Reduced	5,262	-111	$5,321,828	+17.1%	26+	before history	0.69%
HD	Home Depot, Inc. Consumer Cyclical	Added	15,033	+391	$5,301,838	+10.1%	26+	before history	0.69%
DIS	Walt Disney Co Communication Services	Added	54,237	+605	$5,220,311	+1.0%	2	$105.65	0.68%
KVUE	Kenvue Inc. Consumer Defensive	Added	265,605	+18,440	$5,075,711	+19.1%	11	$19.90	0.66%
CVX	Chevron Corp Energy	Added	30,029	+1,180	$4,977,607	−16.6%	18	$149.06	0.65%
MSCI	MSCI Inc. Financial Services	Added	8,560	+75	$4,793,942	+4.8%	10	$560.29	0.62%

Showing the top 50 of 128 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.