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Portfolio (Quarterly) Guide ↗

TECTONIC ADVISORS LLC

· CIK 0001859918
13F Portfolio $1.9B AUM 332 positions Filed Apr 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 12 New 158 Added 77 Reduced 64 Exited
Page 2 of 8  ·  158 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MPLX MPLX LP Energy 262,635.0 $15.0M 0.79% +10K +3.9% $57.07 -1.0%
22 IEFA ISHARES TR 164,286.0 $14.9M 0.79% +3K +1.7% $90.53 +8.3%
23 MO ALTRIA GROUP INC Consumer Defensive 224,705.0 $14.8M 0.78% +10K +4.4% $65.99 +8.4%
24 VWO VANGUARD INTL EQUITY INDEX F 271,580.0 $14.7M 0.78% +3K +1.2% $54.05 +10.2%
25 ET ENERGY TRANSFER L P Energy 756,944.0 $14.6M 0.77% +30K +4.2% $19.30 -1.7%
26 MLPA GLOBAL X FDS 270,264.0 $14.6M 0.77% +14K +5.5% $53.87 -0.8%
27 USRT ISHARES TR 243,940.0 $14.4M 0.76% +14K +6.2% $59.19 +12.8%
28 AMLP ALPS ETF TR 272,698.0 $14.4M 0.76% +4K +1.6% $52.64 -1.2%
29 IBM INTERNATIONAL BUSINESS MACHS Technology 58,314.0 $14.1M 0.75% +4K +8.0% $242.39 +11.8%
30 ARCC ARES CAPITAL CORP Financial Services 747,638.0 $13.5M 0.71% +85K +12.8% $18.02 +6.6%
31 TSLX SIXTH STREET SPECIALTY LENDI Financial Services 728,099.0 $13.4M 0.71% +111K +17.9% $18.38 -8.1%
32 BLUE OWL CAPITAL CORPORATION 1,201,846.0 $13.3M 0.70% +158K +15.1% $11.06
33 HTGC HERCULES CAPITAL INC Financial Services 893,102.0 $13.2M 0.70% +133K +17.6% $14.77 +5.0%
34 O REALTY INCOME CORP Real Estate 207,171.0 $12.7M 0.67% +11K +5.7% $61.18 +2.5%
35 ABBV ABBVIE INC Healthcare 57,754.0 $12.6M 0.66% +2K +4.4% $217.49 +4.5%
36 WPC WP CAREY INC Real Estate 183,974.0 $12.5M 0.66% +9K +5.4% $67.96 +13.1%
37 USFR WISDOMTREE TR 246,746.0 $12.4M 0.66% +24K +11.0% $50.34 +0.1%
38 ED CONSOLIDATED EDISON INC Utilities 107,216.0 $12.1M 0.64% +4K +4.3% $113.18 -5.0%
39 AVGO BROADCOM INC Technology 38,164.0 $11.8M 0.62% +2K +5.4% $309.50 +23.1%
40 DUK DUKE ENERGY CORP NEW Utilities 89,195.0 $11.7M 0.62% +4K +4.4% $130.94 -4.6%
Page 2 of 8  ·  158 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Energy 14.7%
Technology 12.4%
Industrials 11.8%
Financial Services 11.5%
Real Estate 10.8%
Healthcare 9.9%
Consumer Cyclical 9.9%
Consumer Defensive 7.5%
Communication Services 5.7%
Utilities 4.2%