Q3 2026 13F · SEC CIK 1738560

Islay Capital Management, LLC

Wealth managerFiled 2026-10-20 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $212.5M
Reported positions: 97
Top holdings a year, 3 yrs: +12.4%
Assets under management: $357.7M

Islay Capital Management, LLC is a wealth manager that reported 97 positions worth $212.5M in its Q3 2026 13F, filed 2026-10-20. Its largest holdings were Spdr Series Trust (BIL, 10.3%), Schwab Strategic Tr (SCHD, 6.2%), Angel Oak Funds Trust (UYLD, 6.0%). A portfolio copying its top holdings returned 12.4% a year over the last 3 years, against 20.4% for the S&P 500.

Islay Capital Management, LLC holdings largest 50 of 97 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.

Islay Capital Management, LLC 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
BILSpdr Series Trust	10.3%	7.4%	238,026	+38.7%	$21.8M
SCHDSchwab Strategic Tr	6.2%	7.1%	407,788	-14.9%	$13.3M
UYLDAngel Oak Funds Trust	6.0%	5.2%	250,538	+14.7%	$12.7M
AVUVAmerican Centy ETF Tr	4.6%	4.8%	82,887	+1.5%	$9.8M
SCHBSchwab Strategic Tr	3.9%	2.6%	285,461	+51.3%	$8.4M
RYTInvesco Exchange Traded Fd T	3.7%	3.6%	120,251	+1.8%	$7.9M
SCHOSchwab Strategic Tr	3.3%	2.5%	294,870	+34.3%	$7.0M
CORPPimco ETF Tr	3.3%	3.9%	75,555	-11.7%	$6.9M
FRDMEa Series Trust	2.8%	2.9%	84,756	-0.8%	$5.9M
AAPLApple Inc	2.8%	2.5%	17,644	-4.5%	$5.9M
BRK-BBerkshire Hathaway Inc Del	2.3%	2.3%	9,795	+0.8%	$4.9M
MSFTMicrosoft Corp	2.2%	1.7%	9,151	-4.3%	$4.7M
JCPBJ P Morgan Exchange Traded F	1.9%	1.8%	91,974	+11.9%	$4.1M
IVVIshares Tr	1.8%	1.2%	5,023	+43.8%	$3.8M
AMZNAmazon Com Inc	1.8%	1.7%	15,294	+3.5%	$3.8M
EMBIshares Tr	1.5%	1.6%	35,956	-0.3%	$3.3M
GOOGLAlphabet Inc	1.4%	1.4%	8,520	-0.3%	$2.9M
PLTRPalantir Technologies Inc	1.3%	0.8%	14,940	-0.2%	$2.8M
IEMGIshares Inc	1.3%	1.9%	33,702	-29.1%	$2.7M
CASYCaseys Gen Stores Inc	1.3%	1.7%	4,456	-0.1%	$2.7M
WFCWells Fargo & Co	1.2%	1.3%	33,134	+0.0%	$2.7M
FLTBFidelity Merrimack Str Tr	1.2%	0.9%	53,665	+38.5%	$2.6M
JNJJohnson & Johnson	1.2%	1.1%	9,532	+0.2%	$2.5M
NVDANvidia Corporation	1.2%	1.0%	11,018	-1.1%	$2.5M
LMTLockheed Martin Corp	1.1%	1.1%	4,554	-3.7%	$2.3M
CARYAngel Oak Funds Trust	1.1%	1.0%	113,300	+8.0%	$2.3M
PLDPrologis Inc	1.0%	1.1%	16,637	+0.2%	$2.2M
OHIOmega Healthcare Invs Inc	1.0%	0.9%	45,824	+8.9%	$2.1M
ALSNAllison Transmission Hldgs I	1.0%	1.0%	18,398	-0.2%	$2.1M
XOMExxonmobil Holdings Corp	1.0%	—	12,621	—	$2.1M
PHBInvesco Exch Traded Fd Tr II	0.9%	0.8%	113,706	+30.3%	$2.0M
SCHPSchwab Strategic Tr	0.9%	—	78,000	—	$2.0M
HYGIshares Tr	0.9%	—	25,190	—	$1.9M
VVisa Inc	0.9%	0.8%	5,294	+11.4%	$1.9M
DGROIshares Tr	0.9%	1.3%	25,040	-30.9%	$1.9M
FCORFidelity Merrimack Str Tr	0.8%	1.0%	39,155	-17.0%	$1.7M
TAt&t Inc	0.8%	0.7%	67,247	-0.1%	$1.6M
SLBSlb Limited	0.8%	0.7%	33,031	-3.2%	$1.6M
CVXChevron Corporation	0.7%	0.6%	7,663	-0.1%	$1.6M
SPXXNuveen S&p 500 Dynamic Overw	0.7%	0.7%	76,484	+0.7%	$1.4M
COPConocophillips	0.7%	0.5%	11,220	+0.0%	$1.4M
CNSCohen & Steers Inc	0.6%	0.7%	18,463	-0.3%	$1.3M
PHYSSprott Asset Management LP	0.6%	0.6%	40,161	+0.0%	$1.3M
KKRKkr & Co Inc	0.6%	0.6%	13,398	+4.0%	$1.2M
SCHGSchwab Strategic Tr	0.6%	—	33,159	—	$1.2M
ONEQFidelity Comwlth Tr	0.5%	0.7%	10,870	-21.5%	$1.2M
DVYIshares Tr	0.5%	0.6%	7,483	-0.2%	$1.1M
MUBIshares Tr	0.5%	—	11,250	—	$1.1M
DEMWisdomtree Tr	0.5%	—	20,343	—	$1.1M
METAMeta Platforms Inc	0.5%	—	1,514	—	$1.1M

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

New positions

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

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: +16.3% /yr; S&P 500 +20.1%
3 years: +12.4% /yr; S&P 500 +20.4%
5 years: +5.9% /yr; S&P 500 +11.6%

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	$212.5M	97
Q2 2026	$212.9M	229
Q1 2026	$197.0M	203
Q4 2025	$170.1M	215
Q3 2025	$173.9M	215
Q2 2025	$155.1M	201
Q1 2025	$148.1M	184
Q4 2024	$144.0M	204
Q3 2024	$149.1M	208
Q2 2024	$139.1M	197
Q1 2024	$134.3M	197
Q4 2023	$127.0M	219

Questions about Islay Capital Management, LLC's portfolio

What stocks does Islay Capital Management, LLC own?

Islay Capital Management, LLC's latest 13F, for Q3 2026 and filed Oct 20, 2026, lists 97 positions worth $212.5M. The largest are Spdr Series Trust (BIL) at 10.3%, Schwab Strategic Tr (SCHD) at 6.2%, Angel Oak Funds Trust (UYLD) at 6.0%, American Centy ETF Tr (AVUV) at 4.6% and Schwab Strategic Tr (SCHB) at 3.9%.

What did Islay Capital Management, LLC buy last quarter?

In Q3 2026, Islay Capital Management, LLC added Schwab Strategic Tr (SCHB) (+51.3% shares), Ishares Tr (IVV) (+43.8% shares) and Spdr Series Trust (BIL) (+38.7% shares), compared with its Q2 2026 filing.

What did Islay Capital Management, LLC sell last quarter?

In Q3 2026, Islay Capital Management, LLC cut from its top 50 Ishares Tr (IEFA), cut from its top 50 Stryker Corporation (SYK), cut from its top 50 Spdr Series Trust (SPTL), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 National Bank Holdings Corp (NBHC), Ishares Tr (DGRO) (-30.9% shares), Ishares Inc (IEMG) (-29.1% shares) and Fidelity Comwlth Tr (ONEQ) (-21.5% shares), compared with its Q2 2026 filing.

How has Islay Capital Management, LLC's portfolio performed?

A portfolio copying Islay Capital Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.4% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +16.3% against +20.1%. Over 5 years: +5.9% a year against +11.6%.

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

13F filings are due 45 days after each quarter ends. Islay Capital Management, 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 Islay Capital Management, LLC manage?

Islay Capital Management, LLC reported $357.7M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $212.5M.