TECTONIC ADVISORS LLC
Filing Date
Global Rank
#2,073
/ 8,588
▲ 70
Top Industry
Oil & Gas Midstream
11.8%
3Y Alpha vs SPY
-4.3%
Period ended 3 months ago
Filed Apr 17, 2026 · 2mo
22 quarters · since Dec 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+58.8%
SPY
+76.8%
Annualised alpha
-4.3%
Max drawdown
−15.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
218 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
2.5%
−0.5 pts
Top 5
11.3%
+0.1 pts
Top 10
21.3%
+0.9 pts
HHI
128
Diversified+8
Portfolio Trend
22 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Energy | 13.7% | $104,309,692 |
| Financial Services | 13.2% | $100,910,414 |
| Technology | 12.8% | $97,877,121 |
| Industrials | 10.8% | $82,101,019 |
| Consumer Cyclical | 10.6% | $80,598,908 |
| Real Estate | 10.1% | $76,735,903 |
| Healthcare | 9.2% | $69,899,341 |
| Consumer Defensive | 7.1% | $54,219,810 |
| Communication Services | 5.3% | $40,696,971 |
| Utilities | 3.9% | $29,447,421 |
| Basic Materials | 2.9% | $22,170,756 |
| Unclassified | 0.4% | $2,966,790 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| OBDC | Blue Owl Capital Corp | +158,019 | 1,201,846 | $13,292,416 | |
| HTGC | Hercules Capital, Inc. | +133,356 | 893,102 | $13,191,115 | |
| TSLX | Sixth Street Specialty Lending, Inc. | +110,623 | 728,099 | $13,382,458 | |
| ARCC | Ares Capital Corp | +85,105 | 747,638 | $13,472,436 | |
| KNX | Knight-Swift Transportation Holdings Inc. | +75,122 | 138,014 | $7,946,846 | |
| VOXR | Vox Royalty Corp. | +55,887 | 251,304 | $1,316,832 | |
| HRB | H&R Block Inc | +54,462 | 251,935 | $7,996,416 | |
| VICI | Vici Properties Inc. | +36,854 | 400,904 | $10,952,696 | |
| ET | Energy Transfer LP | +30,251 | 756,944 | $14,609,018 | |
| T | At&T Inc. | +28,253 | 546,675 | $15,848,107 | |
| HLMN | Hillman Solutions Corp. | +26,630 | 131,478 | $1,093,896 | |
| PFE | Pfizer Inc | +25,422 | 400,600 | $11,248,847 | |
| NNN | Nnn REIT, Inc. | +21,354 | 358,398 | $15,063,467 | |
| HPQ | Hp Inc | +20,281 | 111,374 | $2,139,494 | |
| MXL | Maxlinear, Inc | +17,388 | 81,317 | $1,414,102 | |
| SCVL | Shoe Carnival Inc | +16,974 | 113,904 | $1,775,763 | |
| PAYX | Paychex Inc | +15,412 | 95,120 | $8,762,453 | |
| SHOO | Steven Madden, Ltd. | +15,044 | 32,542 | $1,103,824 | |
| VZ | Verizon Communications Inc | +14,665 | 345,624 | $17,350,324 | |
| BWB | Bridgewater Bancshares Inc | +11,893 | 99,942 | $1,768,973 | |
| O | Realty Income Corp | +11,250 | 207,171 | $12,674,721 | |
| MPLX | Mplx LP | +9,947 | 262,635 | $14,988,578 | |
| GEO | Geo Group Inc | +9,541 | 98,839 | $1,661,483 | |
| MO | Altria Group, Inc. | +9,503 | 224,705 | $14,828,282 | |
| WPC | W. P. Carey Inc. | +9,476 | 183,974 | $12,502,872 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| EPD | Enterprise Products Partners L.P. | −294,150 | 405,360 | $15,338,822 | |
| CIEN | Ciena Corp | −30,172 | 18,577 | $7,212,148 | |
| OZK | Bank OZK | −13,903 | 50,979 | $2,339,426 | |
| AVNW | Aviat Networks, Inc. | −12,998 | 35,073 | $793,000 | |
| ALKT | Alkami Technology, Inc. | −10,215 | 42,201 | $661,289 | |
| HMN | Horace Mann Educators Corp /De/ | −8,407 | 26,728 | $1,140,751 | |
| AAPL | Apple Inc. | −7,552 | 13,074 | $3,318,049 | |
| ENB | Enbridge Inc | −7,496 | 318,693 | $17,254,038 | |
| KO | Coca Cola Co | −6,407 | 140,387 | $10,676,430 | |
| SSNC | SS&C Technologies Holdings Inc | −5,726 | 9,807 | $662,658 | |
| BWA | Borgwarner Inc | −5,205 | 11,955 | $648,678 | |
| NVDA | Nvidia Corp | −4,766 | 1,589 | $277,120 | |
| KEX | Kirby Corp | −4,616 | 67,712 | $8,997,570 | |
| TMHC | Taylor Morrison Home Corp | −4,320 | 25,445 | $1,481,916 | |
| AEM | Agnico Eagle Mines Ltd | −3,378 | 4,429 | $898,998 | |
| KTB | Kontoor Brands, Inc. | −3,232 | 21,717 | $1,526,487 | |
| CLF | Cleveland-Cliffs Inc. | −2,530 | 162,044 | $1,369,271 | |
| HAS | Hasbro, Inc. | −2,259 | 152,591 | $14,282,517 | |
| PHYS | Sprott Physical Gold Trust | −2,122 | 18,625 | $660,070 | |
| RF | Regions Financial Corp | −2,077 | 24,534 | $640,828 | |
| PG | PROCTER & GAMBLE Co | −2,041 | 64,464 | $9,311,179 | |
| MRK | Merck & Co., Inc. | −2,035 | 126,173 | $15,177,349 | |
| AZZ | Azz Inc | −1,989 | 6,251 | $782,187 | |
| GPOR | Gulfport Energy Corp | −1,881 | 10,443 | $2,209,425 | |
| MSFT | Microsoft Corp | −1,811 | 8,313 | $3,077,222 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
10 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| PNFP | Pinnacle Financial Partners, Inc. | 68,649 | $5,913,424 | |
| GNRC | Generac Holdings Inc. | 19,438 | $3,796,824 | |
| GTX | Garrett Motion Inc. | 87,106 | $1,582,716 | |
| CNR | Core Natural Resources, Inc. | 9,643 | $1,009,911 | |
| CPS | Cooper-Standard Holdings Inc. | 31,847 | $887,575 | |
| WHR | Whirlpool Corp /De/ | 15,627 | $842,607 | |
| RHP | Ryman Hospitality Properties, Inc. | 6,827 | $629,927 | |
| LEVI | Levi Strauss & Co | 25,808 | $477,189 | |
| RPM | Rpm International Inc/De/ | 4,723 | $469,466 | |
| SOBO | South Bow Corp | 6,892 | $229,641 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WES | Western Midstream Partners, LP | 149,413 | $5,901,813 | |
| LLY | ELI LILLY & Co | 3,188 | $3,426,079 | |
| FLR | Fluor Corp | 60,990 | $2,417,033 | |
| WMT | Walmart Inc. | 12,847 | $1,431,283 | |
| NOV | NOV Inc. | 62,718 | $980,282 | |
| BX | Blackstone Inc. | 6,251 | $963,529 | |
| AMZN | Amazon Com Inc | 4,068 | $938,974 | |
| RXO | RXO, Inc. | 70,372 | $889,502 | |
| GPI | Group 1 Automotive Inc | 2,253 | $886,104 | |
| CAT | Caterpillar Inc | 1,541 | $882,792 | |
| SLB | Slb Limited/Nv | 21,007 | $806,248 | |
| JNJ | Johnson & Johnson | 3,871 | $801,102 | |
| VIST | Vista Energy, S.A.B. de C.V. | 15,000 | $729,900 | |
| XOM | Exxon Mobil Corp | 5,944 | $715,300 | |
| ABT | Abbott Laboratories | 5,128 | $642,486 | |
| BRBR | Bellring Brands, Inc. | 23,159 | $619,040 | |
| CTVA | Corteva, Inc. | 9,013 | $604,141 | |
| MCD | Mcdonalds Corp | 1,972 | $602,702 | |
| GEHC | GE HealthCare Technologies Inc. | 7,115 | $583,572 | |
| TIPT | Tiptree Inc. | 30,759 | $561,966 | |
| JEF | Jefferies Financial Group Inc. | 8,340 | $516,829 | |
| NFLX | Netflix Inc | 5,150 | $482,864 | |
| SAP | Sap SE | 1,960 | $476,103 | |
| BR | Broadridge Financial Solutions, Inc. | 2,100 | $468,657 | |
| CB | Chubb Ltd | 1,462 | $456,319 | |
| No positions match the current search. | ||||
14 positions ·
$54,219,810 total
· Consumer Defensive only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MO |
Altria Group, Inc.
Consumer Defensive
|
Added | 224,705 | $14,828,282 | 27.35% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 140,387 | $10,676,430 | 19.69% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 68,296 | $10,605,685 | 19.56% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 64,464 | $9,311,179 | 17.17% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 10,512 | $1,274,054 | 2.35% | |
| TSN |
Tyson Foods, Inc.
Consumer Defensive
|
Reduced | 17,967 | $1,151,145 | 2.12% | |
| UL |
Unilever PLC
Consumer Defensive
|
Added | 19,609 | $1,117,124 | 2.06% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 6,929 | $1,039,350 | 1.92% | |
| KDP |
Keurig Dr Pepper Inc.
Consumer Defensive
|
Added | 38,971 | $1,026,106 | 1.89% | |
| HSY |
Hershey Co
Consumer Defensive
|
Reduced | 3,930 | $817,007 | 1.51% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Added | 6,411 | $761,178 | 1.40% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Added | 6,347 | $624,671 | 1.15% | |
| USFD |
US Foods Holding Corp.
Consumer Defensive
|
Reduced | 6,267 | $577,880 | 1.07% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 5,744 | $409,719 | 0.76% |