Form 13F Ackerman Capital Advisors For: 5 May – Image for illustrative purposes only (Image credits: Pexels)
Dallas-based investment firm Ackerman Capital Advisors recently submitted its quarterly 13F filing to the SEC, offering a window into its strategies amid shifting market conditions.[2] The disclosure covers holdings as of December 31, 2025, revealing a portfolio valued at approximately $498 million across 121 positions. Investors tracking institutional moves often scrutinize such reports for clues on broader trends in equities and fixed income.
Portfolio Snapshot: Scale and Diversification
Ackerman Capital Advisors managed a total of $498 million in 13F-reportable assets at quarter-end, marking a 4.3% decline from the prior period. This figure reflects positions in equities and other securities exceeding the SEC’s $100 million threshold for disclosure. The firm, headquartered at 5956 Sherry Lane in Dallas, maintains a broad spread across 121 holdings, emphasizing exchange-traded funds over individual stocks.
Such diversification helps mitigate risks in volatile sectors, from growth-oriented U.S. large-caps to international dividends and municipal bonds. The approach aligns with many registered investment advisors serving high-net-worth clients seeking balanced exposure.
Leading Positions: ETF Powerhouse
The portfolio’s heavy tilt toward ETFs underscores a passive, cost-efficient strategy. SPDR Portfolio S&P 500 Growth ETF (SPYG) topped the list at 16.4% of assets, valued at $82 million. Vanguard Tax-Exempt Bond ETF (VTEB) followed closely, comprising 9.9% or $49 million, providing tax-advantaged income.
- SPYG: 16.4% ($82M)
- VTEB: 9.9% ($49M)
- MUB (iShares National Muni Bond ETF): 6.5% ($32M)
- VIGI (Vanguard International Dividend Appreciation ETF): 5.7% ($29M)
- SPYV (SPDR Portfolio S&P 500 Value ETF): 4.8% ($24M)
- VYMI (Vanguard International High Dividend Yield ETF): 4.7% ($24M)
- SCHG (Schwab U.S. Large-Cap Growth ETF): 4.0% ($20M)
- ACWV (iShares MSCI ACWI ex U.S. ETF): 3.1% ($15M)
- IVLU (iShares Edge MSCI Intl Value Factor ETF): 2.9% ($14M)
- IEMG (iShares Core MSCI Emerging Markets ETF): 2.0% ($9.9M)
These top holdings represent a blend of U.S. growth and value, alongside global and fixed-income plays, signaling confidence in broad market recovery.
Key Trades: Buys, Sells, and New Entries
Ackerman Capital made targeted adjustments, acting as a net buyer of stocks by $13 million during the quarter. The firm boosted stakes in commodities via PICK, adding $9.4 million, and defense contractor BWX Technologies, up $6.5 million. Growth areas saw increases in SPYG (+$6.1 million) and VIGI.
New positions included eight funds such as MYD, MQY, MQT, MUA, PICK, EMLC, BYM, and EEM, diversifying into municipal closed-end funds and emerging markets. On the sell side, reductions hit SPYV (-$8 million), IAGG (-$6.7 million), and ACWV (-$5.2 million), with complete exits from BLBX, IWF, EFAV, and TT. These moves suggest tactical shifts away from certain value and aggregate bond exposures.
Implications for Investors Watching Institutional Flows
The filing highlights Ackerman’s preference for low-cost ETFs, which appeal to clients navigating interest rate uncertainty and geopolitical tensions. Regional banking exposure via KRE appeared in some summaries, though not in the top ranks here, reflecting caution post-2023 stresses.[3] Municipal bonds remain a staple, offering yield in a high-rate environment.
For individual investors, such disclosures provide benchmarks. Mimicking top holdings like SPYG could align with bullish growth outlooks, while muni bond tilts hedge inflation risks. Yet, the 4.3% AUM dip prompts questions about outflows or performance drags.
As markets evolve into 2026, Ackerman Capital’s next quarterly update – expected mid-May – will clarify if these bets pay off. Firms like this shape passive investing trends, influencing everyday portfolios from retirement accounts to family offices.