SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Capital Square, LLC

CIK 0001798736 · 1 WEST COLLEGE ST, SUITE 4, ATHENS, TN, 37303 · 4238776708

Reported Value
$188M
Q2 2025
Positions
201
Filings on Record
27
2019–present window
Filed
Aug 11, 2025
original filing

Summary

Capital Square, LLC reported $188M in U.S.-listed holdings across 201 positions for Q2 2025.

Its largest position, Ishares Tr Pfd And Incm Sec, represents 6.8% of the portfolio.

Compared with Q1 2025, the fund opened 19 new positions and exited 9.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+27.4%
share of reported value
Largest Position
+6.8%
Ishares Tr Pfd And Incm Sec
New / Exited
19 / 9
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 ’19: $105MQ4 ’19Q1 ’20: $86MQ2 ’20: $94MQ3 ’20: $97MQ4 ’20: $119MQ4 ’20Q1 ’21: $134MQ2 ’21: $136MQ3 ’21: $141MQ4 ’21: $145MQ4 ’21Q1 ’22: $140MQ2 ’22: $121MQ3 ’22: $110MQ4 ’22: $111MQ4 ’22Q1 ’23: $108MQ2 ’23: $108MQ3 ’23: $74MQ4 ’23: $89MQ4 ’23Q1 ’24: $142MQ2 ’24: $154MQ3 ’24: $165MQ4 ’24: $176MQ4 ’24Q1 ’25: $170MQ2 ’25: $188MQ3 ’25: $196MQ4 ’25: $196MQ4 ’25Q1 ’26: $217Mfilingsflow.com

Portfolio Composition

By security type
ETP: 40.3%Common Stock: 37.5%REIT: 19.7%Other: 1.5%ADR: 0.7%Other: 0.3%
  • ETP · 40.3% · $76M
  • Common Stock · 37.5% · $70M
  • REIT · 19.7% · $37M
  • Other · 1.5% · $3M
  • ADR · 0.7% · $1M
  • Other · 0.3% · $496,751

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
INNOVATOR U.S. EQUITY POWER BUFFER ETF - JULYNEW+43.7K43.7K+$2M$2M
ISHARES TR CORE TOTAL USDNEW+39.3K39.3K+$2M$2M
SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETFNEW+59.3K59.3K+$2M$2M
NVONOVO-NORDISK A S ADRNEW+8.8K8.8K+$605,091$605,091
SMASMARTSTOP SELF STORAG REIT INC COMMON STOCK REITNEW+12.7K12.7K+$457,405$457,405
SPDR BLOOMBERG 1-3 MONTH T-BILL ETFNEW+4.8K4.8K+$441,315$441,315
SPDR S&P SEMICONDUCTOR ETFNEW+1.2K1.2K+$311,500$311,500
ORCLORACLE CORPORATIONNEW+1.3K1.3K+$292,607$292,607

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

Holdings — Q2 2025

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TR PFD AND INCM SECCOM6.79%$13M408.1K
2VANGUARD TOTAL STOCK MARKET ETFCOM5.72%$11M34.9K
3AMZNAMAZON COM INCORPORATEDhistory →COM2.43%$5M20.3K
4LLYELI LILLY & COMPANYhistory →COM2.41%$5M5.7K
5MOALTRIA GROUP INCORPORATEDhistory →COM1.98%$4M64.3K
6HDHOME DEPOT INCORPORATEDhistory →COM1.71%$3M8.7K
7CTRECARETRUST REIT INCORPORATED REIThistory →COM1.71%$3M104.1K
8AMPLIFY CWP ENHANCED DIVIDEND INCOME ETFCOM1.60%$3M70.2K
9RITMRITHM CAPITAL CORPORATION COM NEW REIThistory →COM1.56%$3M250.0K
10VANGUARD TOTAL BOND MARKET ETFCOM1.55%$3M39.9K
11OREALTY INCOME CORPORATION REIThistory →COM1.53%$3M50.3K
12WPCWP CAREY INCORPORATED REIThistory →COM1.52%$3M45.2K
13AAPLAPPLE INCORPORATEDhistory →COM1.42%$3M12.6K
14SCHWAB US DIVIDEND EQUITY ETFCOM1.35%$3M92.7K
15FT2FIRST HORIZON CORPORATIONhistory →COM1.35%$3M115.8K
16AMTAMERICAN TOWER CORPORATION NEW REIThistory →COM1.34%$3M11.5K
17NVDANVIDIA CORPORATIONhistory →COM1.28%$2M14.5K
18SOSOUTHERN COMPANYhistory →COM1.26%$2M25.6K
19ISHARES TR MRGSTR MD CP GRWCOM1.21%$2M28.3K
20MSFTMICROSOFT CORPORATIONhistory →COM1.14%$2M4.2K
21SPDR S&P 600 SMALL CAP GROWTH ETFCOM1.07%$2M22.2K
22UPSUNITED PARCEL SERVICE INCORPORATED CLASS Bhistory →COM1.06%$2M19.6K
23INNOVATOR U.S. EQUITY POWER BUFFER ETF - JULYCOM1.03%$2M43.7K
24JPMJPMORGAN CHASE & COMPANY.history →COM1.02%$2M6.6K
25ISHARES TR S&P 500 GRWT ETFCOM1.01%$2M17.1K
26ISHARES TR CORE S&P500 ETFCOM0.98%$2M2.9K
27POTLATCHDELTIC CORPORATION REITCOM0.97%$2M44.6K
28ISHARES TR CORE TOTAL USDCOM0.96%$2M39.3K
29SPDR PORTFOLIO SHORT TERM CORPORATE BOND ETFCOM0.95%$2M59.3K
30EXMOCEXXON MOBIL CORPORATIONCOM0.95%$2M15.4K
31SCHWAB FUNDAMENTAL INTERNATIONAL EQUITY ETFCOM0.94%$2M43.7K
32PGPROCTER AND GAMBLE COMPANYCOM0.91%$2M10.9K
33SUN CMNTYS INCORPORATED REITCOM0.90%$2M13.5K
34PLDPROLOGIS INCORPORATED. REITCOM0.90%$2M15.4K
35TCW FLEXIBLE INCOME ETFCOM0.77%$1M36.9K
36NFLXNETFLIX INCORPORATEDCOM0.76%$1M1.1K
37EATON CORPORATION PLC SHSCOM0.75%$1M3.9K
38ELSEQUITY LIFESTYLE PPTYS INCORPORATED REITCOM0.73%$1M22.3K
39VANGUARD INFORMATION TECHNOLOGY ETFCOM0.71%$1M2.0K
40ISHARES TR S&P 500 VAL ETFCOM0.71%$1M6.7K
41LOWLOWES COMPANIES INCORPORATEDCOM0.70%$1M5.8K
428CWCROWN CASTLE INCORPORATED REITCOM0.70%$1M12.7K
43ISHARES TR 20 YR TR BD ETFCOM0.69%$1M15.0K
44VANGUARD INDEX FUNDS S&P 500 ETF SHS NEWCOM0.68%$1M2.2K
45WELLWELLTOWER INCORPORATED REITCOM0.67%$1M8.1K
46NSCNORFOLK SOUTHN CORPORATIONCOM0.64%$1M4.5K
47EXREXTRA SPACE STORAGE INCORPORATED REITCOM0.62%$1M7.7K
48ISHARES TR USD INV GRDE ETFCOM0.61%$1M22.5K
49FQIDIGITAL RLTY TR INCORPORATED REITCOM0.61%$1M6.7K
50MRKMERCK & COMPANY INCORPORATEDCOM0.60%$1M13.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$217M226May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$196M221Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$196M210Nov 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$188M201Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$170M191May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$176M189Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$165M169Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$154M159Aug 1, 202413F-HRchanges · EDGAR ↗
Q1 2024$142M156May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$89M111Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$74M99Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$108M134Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$108M146Apr 24, 202313F-HRchanges · EDGAR ↗
Q4 2022$111M143Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$110M134Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$121M146Aug 4, 202213F-HRchanges · EDGAR ↗
Q1 2022$140M156May 9, 202213F-HRchanges · EDGAR ↗
Q4 2021$145M157Jan 18, 202213F-HRchanges · EDGAR ↗
Q3 2021$141M156Nov 2, 202113F-HRchanges · EDGAR ↗
Q2 2021$136M145Aug 4, 202113F-HRchanges · EDGAR ↗
Q1 2021$134M143May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$119M149Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$97M137Nov 12, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$94M140Jul 27, 202013F-HRchanges · EDGAR ↗
Q1 2020$86M305Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$105M127Feb 7, 202013F-HRchanges · EDGAR ↗

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 ↗.