SEC 13F Intelligence

Managers / Q4 2025 · view latest →

SRH ADVISORS, LLC

CIK 0001512779 · 2121 E. CRAWFORD PLACE, SALINA, KS, 67401 · 785-823-3097

Reported Value
$347M
Q4 2025
Positions
293
Filings on Record
30
2019–present window
Filed
Jan 21, 2026
original filing

Summary

Srh Advisors, LLC reported $347M in U.S.-listed holdings across 293 positions for Q4 2025.

The portfolio is heavily concentrated: Elevation Series alone accounts for 49.2% of reported value.

Compared with Q3 2025, the fund opened 24 new positions and exited 8.

Portfolio Metrics

Turnover
+1.6%
vs prior filed quarter
Top-10 Concentration
+85.6%
share of reported value
Largest Position
+49.2%
Elevation Series
New / Exited
24 / 8
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $26MQ4 ’18Q1 ’19: $28MQ2 ’19: $29MQ3 ’19: $30MQ4 ’19: $31MQ4 ’19Q1 ’20: $36MQ2 ’20: $40MQ3 ’20: $52MQ4 ’20: $60MQ4 ’20Q1 ’21: $70MQ2 ’21: $80MQ3 ’21: $82MQ4 ’21: $88MQ4 ’21Q1 ’22: $90MQ2 ’22: $81MQ3 ’22: $77MQ1 ’23: $187,794Q1 ’23Q3 ’23: $205MQ4 ’23: $286MQ1 ’24: $315MQ2 ’24: $299MQ2 ’24Q3 ’24: $329MQ4 ’24: $337MQ1 ’25: $324MQ2 ’25: $329MQ2 ’25Q3 ’25: $343MQ4 ’25: $347MQ1 ’26: $349Mfilingsflow.com

Portfolio Composition

By security type
ETP: 79.9%Common Stock: 15.5%Closed-End Fund: 3.9%Other: 0.5%REIT: 0.2%Other: 0.1%
  • ETP · 79.9% · $277M
  • Common Stock · 15.5% · $54M
  • Closed-End Fund · 3.9% · $13M
  • Other · 0.5% · $2M
  • REIT · 0.2% · $578,877
  • Other · 0.1% · $231,941

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VANGUARD SCOTTSDALE FDSNEW+7.8K7.8K+$653,250$653,250
AMERICAN CENTY ETF TRNEW+6.9K6.9K+$487,133$487,133
NORWEGIAN CRUISE LINE HLDG LNEW+4.1K4.1K+$91,958$91,958
KKRKKR & CO INCNEW+327327+$41,679$41,679
HOODROBINHOOD MKTS INCNEW+310310+$35,061$35,061
ROYAL CARIBBEAN GROUPNEW+101101+$28,229$28,229
DIREXION SHS ETF TRNEW+870870+$27,936$27,936
ULUNILEVER PLCNEW+236236+$15,434$15,434

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ELEVATION SERIES TRUSTSRH US QUALITY · SRH REIT COVERED62.58%$217M5.19M
2SCHWAB STRATEGIC TRUS DIVIDEND EQ · US BRD MKT ETF · US LCAP GR ETF · INTL EQTY ETF · US TIPS ETF10.38%$36M1.33M
3JPMJPMORGAN CHASE & COhistory →COM5.31%$18M57.2K
4UTFCOHEN & STEERS INFRASTRUCTURhistory →COM2.83%$10M408.3K
5BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.84%$6M9.7K
6AMERICAN CENTY ETF TRUS LARGE CAP VLU · AVANTIS US MID C · INTL EQT ETF1.64%$6M75.4K
7EVREVERCORE INChistory →CLASS A1.13%$4M11.5K
8ISHARES TRCORE S&P500 ETF · CORE S&P SCP ETF1.04%$4M7.0K
9STEWSRH TOTAL RETURN FUND INChistory →COM1.01%$3M188.8K
10VANGUARD INDEX FDSS&P 500 ETF SHS0.92%$3M5.1K
11VANGUARD GROUPDIV APP ETF0.81%$3M12.9K
12MSFTMICROSOFT CORPCOM0.76%$3M5.4K
13WMTWALMART INCCOM0.57%$2M17.8K
14AAPLAPPLE INCCOM0.53%$2M6.8K
15VANGUARD SCOTTSDALE FDSSHRT TRM CORP BD · INT-TERM CORP0.47%$2M20.0K
16VANGUARD WHITEHALL FDS INCHIGH DIV YLD0.46%$2M11.2K
17WILLIS TOWERS WATSON PUB LTDSHS0.42%$1M4.5K
18SOSOUTHERN COCOM0.32%$1M12.6K
19NVDANVIDIA CORPCOM0.31%$1M5.8K
20TSLATESLA INCCOM0.27%$946,6612.1K
21GOOGLALPHABET INCCAP STK CL A0.22%$768,0172.5K
22NRANRG ENERGY INCCOM NEW0.22%$756,3904.8K
23ETF SER SOLUTIONSACQUIRERS FD0.19%$660,88518.2K
24SPDR SERIES TRUSTS&P DIVID ETF0.18%$620,6544.5K
25VANGUARD BD INDEX FD INCSHORT TRM BOND0.17%$606,4437.7K
26DISDISNEY WALT COCOM DISNEY0.17%$581,6395.1K
27KOCOCA COLA COCOM0.15%$536,0807.7K
28KRKROGER COCOM0.13%$450,9997.2K
29METAMETA PLATFORMS INCCL A0.12%$409,336620
30UNHUNITEDHEALTH GROUP INCCOM0.12%$399,5931.2K
31FWRGFIRST WATCH RESTAURANT GROUPCOM0.11%$374,54224.8K
32DKNGDRAFTKINGS INC NEWCOM CL A0.11%$370,82410.8K
33PAYXPAYCHEX INCCOM0.10%$336,6523.0K
34TROWPRICE T ROWE GROUP INCCOM0.09%$318,9143.1K
35CINFCINCINNATI FINL CORPCOM0.09%$304,7551.9K
36UNPUNION PAC CORPCOM0.09%$300,7161.3K
37SELECT SECTOR SPDR TRTECHNOLOGY0.08%$289,9562.0K
38LLYLILLY ELI & COCOM0.08%$286,940267
39PYPLPAYPAL HLDGS INCCOM0.08%$278,5894.8K
40INVESCO EXCHNG TRADED FD TRS&P MIDCP LOW0.07%$254,1494.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$349M278Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$347M293Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$343M277Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$329M268Jul 22, 202513F-HRchanges · EDGAR ↗
Q1 2025$324M269May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$337M281Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$329M285Nov 1, 202413F-HRchanges · EDGAR ↗
Q2 2024$299M290Aug 6, 202413F-HRchanges · EDGAR ↗
Q1 2024$315M307Apr 26, 202413F-HRchanges · EDGAR ↗
Q4 2023$286M298Jan 24, 202413F-HRchanges · EDGAR ↗
Q3 2023$205M292Oct 31, 202313F-HRchanges · EDGAR ↗
Q2 2023Under review294Jul 27, 202313F-HRchanges · EDGAR ↗
Q1 2023$187,794294Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review303Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$77M320Oct 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$81M304Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$90M310Apr 27, 202213F-HRchanges · EDGAR ↗
Q4 2021$88M312Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$82M306Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$80M302Jul 22, 202113F-HRchanges · EDGAR ↗
Q1 2021$70M298Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$60M299Jan 22, 202113F-HRchanges · EDGAR ↗
Q3 2020$52M310Oct 21, 202013F-HRchanges · EDGAR ↗
Q2 2020$40M288Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$36M275Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$31M264Jan 31, 202013F-HRchanges · EDGAR ↗
Q3 2019$30M267Oct 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$29M273Jul 26, 201913F-HRchanges · EDGAR ↗
Q1 2019$28M266Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$26M271Jan 22, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Paralel Advisors LLC028-21764

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.