EIGHT 31 FINANCIAL, LLC

Registered adviser

CIK

2011328

Location

MIDLAND, TX

Portfolio Value

Small $168,194,869

Diversification

Highly concentrated

Filing Date

Global Rank

#6,923 / 8,811 ▲ 1378

Top Industry

Oil & Gas Integrated 20.7%

Period ended 4 months ago

Filed Aug 13, 2026 · 2mo

11 quarters · since Dec 2023

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 327632

Roster of Oct 1, 2026

Regulatory AUM

$532,353,561

Main clients

Individuals and high net worth (93% of AUM)

Private funds

3 funds · Real estate funds

Focus by fund count, roster of Oct 1, 2026

$32,783,940 gross assets

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	$532,353,561	Individuals and high net worth (93%)
Apr 2025 to Mar 2026	$494,264,981	Individuals and high net worth (88%)
Apr 2024 to Mar 2025	$350,541,657	Individuals and high net worth (100%)
Dec 2023 to Mar 2024	$177,797,867	Individuals and high net worth (100%)
Sep 2023 to Nov 2023	$0	—

Portfolio style

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

Style

Concentrated

The top 10 positions are 92.7% of the book (60%+)

Turnover

Low turnover

14.5% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 8.3 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 88.2%; sector active share 73.1% against the combined 13F book's sector weights.

Over time 11 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.

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Portfolio Concentration

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

Top Position

60.7%

+41.1 pts

Top 5

83.4%

+21.1 pts

Top 10

92.7%

+14.4 pts

HHI

3,851

Highly concentrated+2,924

Portfolio Trend

11 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	75.4%	$126,837,249	31
Energy	10.5%	$17,588,038	13
Technology	7.0%	$11,824,964	5
Financial Services	5.6%	$9,385,914	9
Consumer Defensive	0.8%	$1,410,122	3
Real Estate	0.3%	$564,959	3
Consumer Cyclical	0.3%	$476,680	1
Communication Services	0.1%	$106,943	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
IBTK	iShares iBonds Dec 2030 Term Treasury ETF	+14,684	517,756	$10,116,952
IBTJ	iShares iBonds Dec 2029 Term Treasury ETF	+11,634	436,563	$9,451,588
IBTI	iShares iBonds Dec 2028 Term Treasury ETF	+11,293	428,466	$9,486,237
IBDV	iShares iBonds Dec 2030 Term Corporate ETF	+8,436	369,661	$8,058,609
IBTH	iShares iBonds Dec 2027 Term Treasury ETF	+8,092	363,748	$8,137,042
IBDS	iShares iBonds Dec 2027 Term Corporate ETF	+7,456	336,581	$8,151,991
IBDT	iShares iBonds Dec 2028 Term Corporate ETF	+7,220	320,900	$8,102,725
IWF	iShares Russell 1000 Growth ETF	+6,784	8,911	$1,106,478
AGNC	AGNC Investment Corp.	+4,684	21,906	$238,775
DX	Dynex Capital Inc	+4,526	17,298	$226,776
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	+3,952	174,330	$4,037,482
IBTL	iShares iBonds Dec 2031 Term Treasury ETF	+3,377	68,555	$1,384,125
BRSP	BrightSpire Capital, Inc.	+3,040	18,240	$99,408
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	+2,826	107,168	$2,366,269
IBHF	iShares iBonds 2026 Term High Yield and Income ETF	+2,795	103,272	$2,339,110
AGG	iShares Core U.S. Aggregate Bond ETF	+2,713	57,305	$5,672,048
IDEV	iShares Core MSCI International Developed Markets ETF	+2,127	82,237	$7,319,915
IUSB	iShares Core Universal USD Bond ETF	+1,543	132,158	$6,099,091
ARCC	Ares Capital Corp	+1,531	22,988	$425,967
OXLC	Oxford Lane Capital Corp.	+1,531	25,253	$221,216
—		+1,509	111,621	$7,757,659
TCPC	BlackRock TCP Capital Corp.	+1,022	20,829	$69,985
VOO	VANGUARD 500 INDEX FUND	+593	22,559	$15,493,746
IEMG	iShares Trust	+583	36,233	$3,001,541
ACWI	iShares MSCI ACWI ETF	+437	6,790	$1,065,826
No positions match the current search.

Trimmed

Positions the filer reduced

17 positions

Ticker	Company	Δ Shares	Shares	Value
PTEN	Patterson Uti Energy Inc	−6,881	10,089	$92,617
AAPL	Apple Inc.	−1,962	23,924	$6,922,648
AMZN	Amazon Com Inc	−1,250	2,000	$476,680
NVDA	Nvidia Corp	−870	10,310	$2,062,927
MSFT	Microsoft Corp	−549	6,251	$2,331,748
CFR	Cullen/Frost Bankers, Inc.	−427	8,361	$1,291,941
SHEL	Shell plc	−357	5,855	$453,996
IWS	iShares Russell Mid-Cap Value ETF	−332	3,929	$646,713
IWD	iShares Russell 1000 Value ETF	−302	3,775	$915,173
EFA	iShares MSCI EAFE ETF	−239	8,068	$838,103
—		−184	1,483	$328,039
SPY	Spdr S&P 500 ETF Trust	−177	490	$365,917
CVX	Chevron Corp	−112	4,183	$693,374
FANG	Diamondback Energy, Inc.	−90	5,098	$896,126
IWO	iShares Russell 2000 Growth ETF	−39	863	$339,987
COST	Costco Wholesale Corp	−25	500	$467,735
AVGO	Broadcom Inc.	−24	756	$285,579
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
TXN	Texas Instruments Inc	745	$222,062
CSWC	Capital Southwest Corp	8,750	$207,987
PNNT	Pennantpark Investment Corp	10,327	$35,834
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
OXY	Occidental Petroleum Corp	11,283	$733,395
GOOGL	Alphabet Inc.	1,931	$555,278
META	Meta Platforms, Inc.	875	$500,613
NFLX	Netflix Inc	3,500	$336,525
BRK-B	Berkshire Hathaway Inc	636	$304,771
VRT	Vertiv Holdings Co	1,127	$282,403
CRWD	CrowdStrike Holdings, Inc.	701	$273,677
AEM	Agnico Eagle Mines Ltd	1,300	$263,874
TSLA	Tesla, Inc.	675	$250,931
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

66 tracked positions · $168,194,869 total · filing declares 66 positions · $168,195,049 · as of Jun 30, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Real Estate Technology

Showing 1–50 of 66 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
VOO	VANGUARD 500 INDEX FUND	Added	22,559	+593	$15,493,746	+18.0%	11	before history	9.21%
IBTK	iShares iBonds Dec 2030 Term Treasury ETF	Added	517,756	+14,684	$10,116,952	—	6	unpriced	6.02%
IBTI	iShares iBonds Dec 2028 Term Treasury ETF	Added	428,466	+11,293	$9,486,237	—	6	unpriced	5.64%
IBTJ	iShares iBonds Dec 2029 Term Treasury ETF	Added	436,563	+11,634	$9,451,588	—	6	unpriced	5.62%
IBDS	iShares iBonds Dec 2027 Term Corporate ETF	Added	336,581	+7,456	$8,151,991	—	6	unpriced	4.85%
IBTH	iShares iBonds Dec 2027 Term Treasury ETF	Added	363,748	+8,092	$8,137,042	—	6	unpriced	4.84%
IBDT	iShares iBonds Dec 2028 Term Corporate ETF	Added	320,900	+7,220	$8,102,725	—	6	unpriced	4.82%
IBDV	iShares iBonds Dec 2030 Term Corporate ETF	Added	369,661	+8,436	$8,058,609	—	4	unpriced	4.79%
		Added	111,621	+1,509	$7,757,659	+9.5%	10	$58.70	4.61%
XOM	ExxonMobil Holdings Corp Energy	Added	54,290	+9	$7,422,528	−19.4%	11	before history	4.41%
IDEV	iShares Core MSCI International Developed Markets ETF	Added	82,237	+2,127	$7,319,915	—	10	unpriced	4.35%
AAPL	Apple Inc. Technology	Reduced	23,924	-1,962	$6,922,648	+5.4%	11	before history	4.12%
TFIN	Triumph Financial, Inc. Financial Services	Held	89,525	0	$6,831,652	+27.9%	11	before history	4.06%
IUSB	iShares Core Universal USD Bond ETF	Added	132,158	+1,543	$6,099,091	—	10	unpriced	3.63%
AGG	iShares Core U.S. Aggregate Bond ETF	Added	57,305	+2,713	$5,672,048	—	11	before history	3.37%
IBDU	iShares iBonds Dec 2029 Term Corporate ETF	Added	174,330	+3,952	$4,037,482	—	6	unpriced	2.40%
IEMG	iShares Trust	Added	36,233	+583	$3,001,541	—	10	unpriced	1.78%
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	Added	107,168	+2,826	$2,366,269	—	4	unpriced	1.41%
HPK	HighPeak Energy, Inc. Energy	Held	335,023	0	$2,341,810	+1.3%	11	before history	1.39%
IBHF	iShares iBonds 2026 Term High Yield and Income ETF	Added	103,272	+2,795	$2,339,110	—	6	unpriced	1.39%
MSFT	Microsoft Corp Technology	Reduced	6,251	-549	$2,331,748	−7.4%	11	before history	1.39%
VNOM	Viper Energy, Inc. Energy	Added	51,173	+47	$2,169,735	−9.7%	4	$38.11	1.29%
NVDA	Nvidia Corp Technology	Reduced	10,310	-870	$2,062,927	+5.8%	11	before history	1.23%
EOG	Eog Resources Inc Energy	Held	11,388	0	$1,477,365	−10.3%	11	before history	0.88%
IBTL	iShares iBonds Dec 2031 Term Treasury ETF	Added	68,555	+3,377	$1,384,125	—	6	unpriced	0.82%
CFR	Cullen/Frost Bankers, Inc. Financial Services	Reduced	8,361	-427	$1,291,941	+7.2%	10	$106.88	0.77%
IWF	iShares Russell 1000 Growth ETF	Added	8,911	+6,784	$1,106,478	—	11	before history	0.66%
ACWI	iShares MSCI ACWI ETF	Added	6,790	+437	$1,065,826	—	11	before history	0.63%
IAGG	iShares Core International Aggregate Bond ETF	Added	20,673	+257	$1,046,053	—	10	unpriced	0.62%
AOM	iShares Core 40/60 Moderate Allocation ETF	Held	20,863	0	$1,040,855	—	11	before history	0.62%
IWD	iShares Russell 1000 Value ETF	Reduced	3,775	-302	$915,173	—	11	before history	0.54%
FANG	Diamondback Energy, Inc. Energy	Reduced	5,098	-90	$896,126	−12.7%	11	before history	0.53%
IJH	iShares Core S&P Mid-Cap ETF	Added	11,475	+301	$884,837	—	10	unpriced	0.53%
EFA	iShares MSCI EAFE ETF	Reduced	8,068	-239	$838,103	—	8	unpriced	0.50%
CVX	Chevron Corp Energy	Reduced	4,183	-112	$693,374	−22.0%	11	before history	0.41%
WMT	Walmart Inc. Consumer Defensive	Held	6,000	0	$679,560	−8.9%	11	before history	0.40%
IWS	iShares Russell Mid-Cap Value ETF	Reduced	3,929	-332	$646,713	—	8	unpriced	0.38%
		Added	6,479	+262	$632,350	+14.9%	6	$78.82	0.38%
COP	Conocophillips Energy	Added	5,592	+5	$581,344	−21.2%	11	before history	0.35%
KRP	Kimbell Royalty Partners, LP Energy	Added	34,767	+186	$505,164	+1.0%	11	before history	0.30%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	2,000	-1,250	$476,680	−29.6%	11	before history	0.28%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	500	-25	$467,735	−10.6%	11	before history	0.28%
SHEL	Shell plc Energy	Reduced	5,855	-357	$453,996	−21.4%	11	before history	0.27%
ARCC	Ares Capital Corp Financial Services	Added	22,988	+1,531	$425,967	+10.2%	11	before history	0.25%
DVN	Devon Energy Corp Energy	Added	10,141	+70	$419,026	−17.3%	11	before history	0.25%
IJR	iShares Core S&P Small-Cap ETF	Added	2,721	+70	$403,551	—	8	unpriced	0.24%
SPY	Spdr S&P 500 ETF Trust	Reduced	490	-177	$365,917	−15.6%	3	$677.05	0.22%
IWO	iShares Russell 2000 Growth ETF	Reduced	863	-39	$339,987	—	8	unpriced	0.20%
		Reduced	1,483	-184	$328,039	+3.8%	8	$164.08	0.20%
EPD	Enterprise Products Partners L.P. Energy	Held	8,059	0	$296,248	−2.9%	11	before history	0.18%

Showing the top 50 of 66 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.