TECTONIC ADVISORS LLC

CIK

1859918

Location

FRISCO, TX

Portfolio Value

Small $863,901,236

Diversification

Diversified

Filing Date

Global Rank

#368 / 2,719 ▲ 1702

Top Industry

Oil & Gas Midstream 10.7%

3Y Alpha vs SPY

-4.0%

Period ended 29 days ago

Filed Jul 15, 2026 · 14d

23 quarters · since Dec 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+58.5%

SPY

+67.9%

Annualised alpha

-2.3%

Max drawdown

−15.3%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

2.4%

−0.1 pts

Top 5

11.1%

−0.2 pts

Top 10

20.8%

−0.5 pts

HHI

121

Diversified−6

Portfolio Trend

23 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	14.9%	$128,298,050	29
Financial Services	12.6%	$108,838,159	33
Industrials	12.3%	$106,369,266	41
Energy	12.1%	$104,692,600	20
Real Estate	9.8%	$84,708,392	11
Consumer Cyclical	9.4%	$81,065,711	28
Healthcare	9.1%	$78,279,449	19
Consumer Defensive	7.0%	$60,440,818	15
Utilities	5.6%	$48,416,703	11
Communication Services	4.3%	$36,738,899	7
Basic Materials	2.7%	$22,905,156	12
Unclassified	0.4%	$3,148,033	5

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
TSLX	Sixth Street Specialty Lending, Inc.	+117,104	845,203	$14,512,134
HTGC	Hercules Capital, Inc.	+113,306	1,006,408	$15,871,053
SSNC	SS&C Technologies Holdings Inc	+98,749	108,556	$6,735,899
ARCC	Ares Capital Corp	+97,333	844,971	$15,657,312
T	At&T Inc.	+65,238	611,913	$12,666,599
VICI	Vici Properties Inc.	+49,601	450,505	$11,960,907
ET	Energy Transfer LP	+36,581	793,525	$15,172,197
PFE	Pfizer Inc	+31,491	432,091	$10,404,750
HRB	H&R Block Inc	+28,790	280,725	$10,690,007
VZ	Verizon Communications Inc	+21,800	367,424	$15,556,731
NNN	Nnn REIT, Inc.	+21,209	379,607	$17,663,113
HQY	Healthequity, Inc.	+17,492	100,323	$9,061,173
MPLX	Mplx LP	+15,521	278,156	$15,668,526
EPD	Enterprise Products Partners L.P.	+15,253	420,613	$15,461,733
O	Realty Income Corp	+13,587	220,758	$13,678,165
PAYX	Paychex Inc	+13,065	108,185	$10,637,830
KLAC	Kla Corp	+12,794	14,789	$4,461,989
HPQ	Hp Inc	+12,323	123,697	$2,713,912
PNFP	Pinnacle Financial Partners, Inc.	+11,845	80,494	$8,120,234
HAS	Hasbro, Inc.	+11,549	164,140	$13,556,322
ENB	Enbridge Inc	+11,382	330,075	$17,893,365
AGCO	Agco Corp /De	+10,095	15,255	$1,826,023
WPC	W. P. Carey Inc.	+9,682	193,656	$13,846,404
RHP	Ryman Hospitality Properties, Inc.	+8,534	15,361	$1,974,656
MO	Altria Group, Inc.	+8,260	232,965	$16,761,830
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OBDC	Blue Owl Capital Corp	−1,183,756	18,090	$196,638
LKQ	Lkq Corp	−133,195	198,631	$5,229,954
MXL	Maxlinear, Inc	−63,610	17,707	$2,267,027
BANC	Banc Of California, Inc.	−45,918	124,201	$2,537,426
HVT	Haverty Furniture Companies Inc	−25,309	62,738	$1,601,701
BWB	Bridgewater Bancshares Inc	−24,820	75,122	$1,580,566
CTRN	Citi Trends Inc	−23,561	25,126	$1,453,287
GEO	Geo Group Inc	−21,103	77,736	$2,297,098
CSCO	Cisco Systems, Inc.	−18,419	176,540	$20,736,387
DELL	Dell Technologies Inc.	−16,969	28,288	$12,205,140
VOXR	Vox Royalty Corp.	−14,716	236,588	$1,119,061
CLF	Cleveland-Cliffs Inc.	−14,316	147,728	$1,387,165
BLBD	Blue Bird Corp	−14,308	7,330	$578,776
OZK	Bank OZK	−13,596	37,383	$1,947,280
NVGS	Navigator Holdings Ltd.	−11,704	80,402	$1,497,889
CLH	Clean Harbors Inc	−11,471	33,511	$10,011,411
GTX	Garrett Motion Inc.	−10,674	76,432	$2,769,131
PR	Permian Resources Corp	−9,313	30,977	$570,286
HMN	Horace Mann Educators Corp /De/	−9,191	17,537	$905,786
CIEN	Ciena Corp	−5,438	13,139	$6,445,467
HLMN	Hillman Solutions Corp.	−5,206	126,272	$1,065,735
SGI	Somnigroup International Inc.	−5,075	119,701	$9,384,558
TSEM	Tower Semiconductor Ltd	−4,295	6,456	$1,682,691
IRM	Iron Mountain Inc	−3,413	162,401	$20,512,870
AMAT	Applied Materials Inc /De	−3,366	6,438	$4,654,674
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CWEN	Clearway Energy, Inc.	502,698	$17,182,216
CSWC	Capital Southwest Corp	355,370	$8,447,144
MAIN	Main Street Capital CORP	145,445	$7,545,685
POOL	Pool Corp	32,984	$7,088,261
THC	Tenet Healthcare Corp	10,683	$1,998,575
PATK	Patrick Industries Inc	19,494	$1,750,171
MAR	Marriott International Inc /Md/	4,495	$1,665,802
PSMT	Pricesmart Inc	8,059	$1,574,245
SAIA	Saia Inc	3,312	$1,394,881
AVT	Avnet Inc	15,361	$1,364,364
ACA	Arcosa, Inc.	9,318	$1,353,812
GATX	Gatx Corp	6,643	$1,177,073
KN	Knowles Corp	25,771	$1,068,981
LBRT	Liberty Energy Inc.	33,563	$879,014
RYN	Rayonier Inc	40,496	$861,754
HRI	Herc Holdings Inc	5,653	$810,301
NEE	Nextera Energy Inc	7,847	$688,731
DVN	Devon Energy Corp/De	14,968	$618,477
KR	Kroger Co	8,677	$481,833
DPZ	Dominos Pizza Inc	1,522	$450,572
CTSH	Cognizant Technology Solutions Corp	11,256	$435,944
HONA	Honeywell Aerospace Inc.	1,540	$340,032
GVA	Granite Construction Inc	1,579	$249,608
RUSHA	Rush Enterprises Inc Tx	3,122	$227,874
MRTN	Marten Transport Ltd	11,228	$194,805
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
FHN	First Horizon Corp	188,404	$4,288,075
AMH	American Homes 4 Rent	90,808	$2,535,359
IIIV	i3 Verticals, Inc.	98,277	$2,197,473
STRS	Stratus Properties Inc	60,197	$1,837,212
SHOE	Shoe Station Group Inc	113,904	$1,775,763
TMHC	Taylor Morrison Home Corp	25,445	$1,481,916
GBX	Greenbrier Companies Inc	21,646	$1,139,661
CNR	Core Natural Resources, Inc.	9,643	$1,009,911
WHR	Whirlpool Corp /De/	15,627	$842,607
CTRA	Coterra Energy Inc.	20,880	$733,723
SYY	Sysco Corp	5,744	$409,719
FBK	FB Financial Corp	4,917	$255,388
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

231 positions · $863,901,236 total · 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 231 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CSCO	Cisco Systems, Inc. Technology	Reduced	176,540	-18,419	$20,736,387	+37.1%	2.40%
IRM	Iron Mountain Inc Real Estate	Reduced	162,401	-3,413	$20,512,870	+21.1%	2.37%
OKE	Oneok Inc /New/ Energy	Added	218,326	+8,078	$18,981,262	−0.1%	2.20%
ENB	Enbridge Inc Energy	Added	330,075	+11,382	$17,893,365	+3.7%	2.07%
NNN	Nnn REIT, Inc. Real Estate	Added	379,607	+21,209	$17,663,113	+17.3%	2.04%
IBM	International Business Machines Corp Technology	Added	62,345	+4,031	$17,532,036	+24.0%	2.03%
CWEN	Clearway Energy, Inc. Utilities	NEW	502,698	NEW	$17,182,216	NEW	1.99%
MO	Altria Group, Inc. Consumer Defensive	Added	232,965	+8,260	$16,761,830	+13.0%	1.94%
MRK	Merck & Co., Inc. Healthcare	Added	126,684	+511	$16,278,893	+7.3%	1.88%
HTGC	Hercules Capital, Inc. Financial Services	Added	1,006,408	+113,306	$15,871,053	+20.3%	1.84%
ABBV	AbbVie Inc. Healthcare	Added	62,682	+4,928	$15,773,298	+25.6%	1.83%
MPLX	Mplx LP Energy	Added	278,156	+15,521	$15,668,526	+4.5%	1.81%
ARCC	Ares Capital Corp Financial Services	Added	844,971	+97,333	$15,657,312	+16.2%	1.81%
VZ	Verizon Communications Inc Communication Services	Added	367,424	+21,800	$15,556,731	−10.3%	1.80%
EPD	Enterprise Products Partners L.P. Energy	Added	420,613	+15,253	$15,461,733	+0.8%	1.79%
ET	Energy Transfer LP Energy	Added	793,525	+36,581	$15,172,197	+3.9%	1.76%
TSLX	Sixth Street Specialty Lending, Inc. Financial Services	Added	845,203	+117,104	$14,512,134	+8.4%	1.68%
AVGO	Broadcom Inc. Technology	Reduced	37,786	-378	$14,273,661	+20.8%	1.65%
MSM	Msc Industrial Direct Co Inc Industrials	Added	117,272	+39	$13,949,504	+29.0%	1.61%
WPC	W. P. Carey Inc. Real Estate	Added	193,656	+9,682	$13,846,404	+10.7%	1.60%
O	Realty Income Corp Real Estate	Added	220,758	+13,587	$13,678,165	+7.9%	1.58%
HAS	Hasbro, Inc. Consumer Cyclical	Added	164,140	+11,549	$13,556,322	−5.1%	1.57%
GILD	Gilead Sciences, Inc. Healthcare	Added	101,557	+5,699	$12,830,710	−4.0%	1.49%
T	At&T Inc. Communication Services	Added	611,913	+65,238	$12,666,599	−20.1%	1.47%
ED	Consolidated Edison Inc Utilities	Added	113,314	+6,098	$12,535,927	+3.3%	1.45%
DELL	Dell Technologies Inc. Technology	Reduced	28,288	-16,969	$12,205,140	+64.3%	1.41%
DUK	Duke Energy CORP Utilities	Added	95,497	+6,302	$12,088,010	+3.5%	1.40%
VICI	Vici Properties Inc. Real Estate	Added	450,505	+49,601	$11,960,907	+9.2%	1.38%
KO	Coca Cola Co Consumer Defensive	Added	146,682	+6,295	$11,920,846	+11.7%	1.38%
CRH	Crh Public Ltd Co Basic Materials	Reduced	104,892	-759	$11,223,444	+1.1%	1.30%
KNX	Knight-Swift Transportation Holdings Inc. Industrials	Added	139,574	+1,560	$10,868,627	+36.8%	1.26%
HRB	H&R Block Inc Consumer Cyclical	Added	280,725	+28,790	$10,690,007	+33.7%	1.24%
PAYX	Paychex Inc Technology	Added	108,185	+13,065	$10,637,830	+21.4%	1.23%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	71,369	+6,905	$10,465,550	+12.4%	1.21%
PFE	Pfizer Inc Healthcare	Added	432,091	+31,491	$10,404,750	−7.5%	1.20%
PEP	Pepsico Inc Consumer Defensive	Added	74,085	+5,789	$10,031,109	−5.4%	1.16%
CLH	Clean Harbors Inc Industrials	Reduced	33,511	-11,471	$10,011,411	−22.4%	1.16%
SGI	Somnigroup International Inc. Consumer Cyclical	Reduced	119,701	-5,075	$9,384,558	+1.7%	1.09%
HQY	Healthequity, Inc. Healthcare	Added	100,323	+17,492	$9,061,173	+30.9%	1.05%
KEX	Kirby Corp Industrials	Reduced	65,917	-1,795	$8,962,734	−0.4%	1.04%
CSWC	Capital Southwest Corp Financial Services	NEW	355,370	NEW	$8,447,144	NEW	0.98%
PNFP	Pinnacle Financial Partners, Inc. Financial Services	Added	80,494	+11,845	$8,120,234	+37.3%	0.94%
MAIN	Main Street Capital CORP Financial Services	NEW	145,445	NEW	$7,545,685	NEW	0.87%
MAS	Masco Corp /De/ Industrials	Reduced	92,703	-2,242	$7,543,243	+31.6%	0.87%
AZO	Autozone Inc Consumer Cyclical	Added	2,279	+12	$7,283,547	−4.9%	0.84%
POOL	Pool Corp Industrials	NEW	32,984	NEW	$7,088,261	NEW	0.82%
RBA	Rb Global Inc. Industrials	Reduced	60,735	-986	$7,072,590	+19.6%	0.82%
SSNC	SS&C Technologies Holdings Inc Technology	Added	108,556	+98,749	$6,735,899	+916.5%	0.78%
CIEN	Ciena Corp Technology	Reduced	13,139	-5,438	$6,445,467	−10.6%	0.75%
GNRC	Generac Holdings Inc. Industrials	Added	20,469	+1,031	$5,993,527	+57.9%	0.69%