Q3 2026 13F · SEC CIK 2053350

Fjell Capital, LLC

Wealth managerFiled 2026-10-13 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $178.4M
Reported positions: 84
Holdings vs S&P 500, 3 yrs: —
Assets under management: $187.0M

Fjell Capital, LLC is a wealth manager that reported 84 positions worth $178.4M in its Q3 2026 13F, filed 2026-10-13. Its largest holdings were Davis Fundamental ETF Tr (DWLD, 7.2%), Victory Portfolios II (UITB, 4.7%), Nvidia Corporation (NVDA, 4.6%).

Fjell Capital, LLC holdings largest 50 of 84 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Fjell Capital, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
DWLDDavis Fundamental ETF Tr	7.2%	8.7%	287,197	+4.5%	$12.8M
UITBVictory Portfolios II	4.7%	5.8%	186,101	+2.6%	$8.3M
NVDANvidia Corporation	4.6%	4.9%	36,179	+0.8%	$8.3M
FLMIFranklin Templeton ETF Tr	3.9%	—	302,177	—	$7.0M
AAPLApple Inc	3.8%	3.8%	20,581	+7.1%	$6.9M
MSFTMicrosoft Corp	3.6%	3.1%	12,569	+2.9%	$6.4M
VUGVanguard Index Fds	3.6%	1.7%	70,970	+144.7%	$6.4M
GOOGLAlphabet Inc	3.4%	4.2%	17,772	+2.3%	$6.1M
AVGOBroadcom Inc	3.2%	4.0%	16,251	+5.1%	$5.7M
USIGIshares Tr	3.1%	3.8%	112,237	+3.6%	$5.5M
AMZNAmazon Com Inc	2.9%	3.2%	20,967	+6.2%	$5.2M
BINV2023 ETF Series Trust	2.6%	2.9%	108,021	+5.9%	$4.7M
VTVVanguard Index Fds	2.4%	1.3%	20,098	+128.6%	$4.3M
AMDAdvanced Micro Devices Inc	2.4%	2.9%	7,081	-4.7%	$4.3M
IVVIshares Tr	2.4%	—	5,592	—	$4.3M
SPLBSpdr Series Trust	2.4%	—	208,327	—	$4.2M
KLACKla Corp	2.3%	4.1%	21,229	+7.1%	$4.1M
GRPMInvesco Exchange Traded Fd T	2.2%	—	28,781	—	$3.9M
46090A804Invesco Actively Managed Exc	2.1%	3.2%	82,399	-17.3%	$3.7M
METAMeta Platforms Inc	1.9%	1.7%	4,704	+6.2%	$3.4M
CGGRCapital Group Growth ETF	1.8%	2.2%	68,752	+1.0%	$3.3M
COSTCostco Wholesale Corporation	1.7%	2.1%	3,377	+0.4%	$3.1M
JPMJpmorgan Chase & Co	1.5%	1.6%	8,090	+12.2%	$2.7M
PSHPgim ETF Tr	1.4%	2.0%	49,769	-17.1%	$2.4M
XLKSelect Sector Spdr Tr	1.2%	1.4%	11,163	+6.9%	$2.2M
WMWaste Mgmt Inc Del	1.2%	1.4%	10,407	+14.3%	$2.1M
DEDeere & Co	1.1%	1.3%	2,900	-1.8%	$1.9M
MRKMerck & Co Inc	1.1%	1.2%	13,067	-6.3%	$1.9M
CGHMCapital Grp Fixed Incm ETF T	1.1%	1.2%	78,067	+15.6%	$1.9M
CVXChevron Corporation	1.0%	1.0%	9,136	+3.9%	$1.9M
IEFAIshares Tr	1.0%	—	18,451	—	$1.8M
BILSpdr Series Trust	1.0%	1.7%	19,345	-27.3%	$1.8M
ICEIntercontinental Exchange Inc	0.9%	0.8%	10,607	+10.1%	$1.6M
CASYCaseys Gen Stores Inc	0.8%	1.0%	2,492	+36.2%	$1.5M
NEENextera Energy Inc	0.8%	1.1%	19,990	+4.6%	$1.5M
RTXRtx Corporation	0.8%	1.0%	8,016	+2.4%	$1.5M
IJRIshares Tr	0.8%	—	10,401	—	$1.4M
BXBlackstone Inc	0.7%	0.9%	11,793	+3.5%	$1.3M
BONDPimco ETF Tr	0.7%	0.9%	14,992	+6.0%	$1.3M
IEMGIshares Inc	0.7%	—	15,976	—	$1.3M
CRWDCrowdstrike Hldgs Inc	0.7%	0.5%	4,532	+395.8%	$1.2M
ARESAres Management Corp	0.7%	0.8%	10,314	+4.3%	$1.2M
AGGIshares Tr	0.6%	—	11,930	—	$1.1M
VOOVanguard Index Fds	0.6%	0.8%	1,455	-15.3%	$1.0M
IGSBIshares Tr	0.5%	—	17,056	—	$874K
MUMicron Technology Inc	0.5%	0.6%	817	+0.9%	$870K
XLFSelect Sector Spdr Tr	0.5%	0.6%	15,827	-1.8%	$845K
IJHIshares Tr	0.5%	—	11,547	—	$831K
AMATApplied Matls Inc	0.5%	0.6%	1,582	+41.6%	$809K
GOOGAlphabet Inc	0.4%	0.5%	2,336	+9.5%	$796K

What Fjell Capital, LLC bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

CRWD Crowdstrike Hldgs Inc+395.8% shares
VUG Vanguard Index Fds+144.7% shares
VTV Vanguard Index Fds+128.6% shares
AMAT Applied Matls Inc+41.6% shares
CASY Caseys Gen Stores Inc+36.2% shares
CGHM Capital Grp Fixed Incm ETF T+15.6% shares
WM Waste Mgmt Inc Del+14.3% shares
JPM Jpmorgan Chase & Co+12.2% shares

Reduced

BIL Spdr Series Trust-27.3% shares
Invesco Actively Managed Exc-17.3% shares
PSH Pgim ETF Tr-17.1% shares
VOO Vanguard Index Fds-15.3% shares
MRK Merck & Co Inc-6.3% shares

Left the top 50

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +15.4% /yr; S&P 500 +20.1%
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$178.4M	84
Q2 2026	$146.6M	66
Q1 2026	$130.0M	68
Q4 2025	$130.4M	66
Q3 2025	$113.6M	58
Q2 2025	$107.9M	53
Q1 2025	$98.6M	51
Q4 2024	$96.8M	54

Questions about Fjell Capital, LLC's portfolio

What stocks does Fjell Capital, LLC own?

Fjell Capital, LLC's latest 13F, for Q3 2026 and filed Oct 13, 2026, lists 84 positions worth $178.4M. The largest are Davis Fundamental ETF Tr (DWLD) at 7.2%, Victory Portfolios II (UITB) at 4.7%, Nvidia Corporation (NVDA) at 4.6%, Franklin Templeton ETF Tr (FLMI) at 3.9% and Apple Inc (AAPL) at 3.8%.

What did Fjell Capital, LLC buy last quarter?

In Q3 2026, Fjell Capital, LLC added Crowdstrike Hldgs Inc (CRWD) (+395.8% shares), Vanguard Index Fds (VUG) (+144.7% shares) and Vanguard Index Fds (VTV) (+128.6% shares), compared with its Q2 2026 filing.

What did Fjell Capital, LLC sell last quarter?

In Q3 2026, Fjell Capital, LLC cut from its top 50 Vanguard Index Fds (VO), cut from its top 50 AB Active Etfs Inc (HYFI), cut from its top 50 Pgim ETF Tr (PHYL), cut from its top 50 Home Depot Inc (HD), cut from its top 50 Marsh & Mclennan Cos (MRSH), Spdr Series Trust (BIL) (-27.3% shares), Invesco Actively Managed Exc (-17.3% shares) and Pgim ETF Tr (PSH) (-17.1% shares), compared with its Q2 2026 filing.

When is Fjell Capital, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Fjell Capital, LLC's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Fjell Capital, LLC manage?

Fjell Capital, LLC reported $187.0M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $178.4M.