ROMAN BUTLER FULLERTON & CO

ST LOUIS, MO · CIK 733444 · 13F filing filed 2025-07-30

SEC-registered investment adviser since 1984 · corporation

Assets managed$716.1m
Staff17 · 16 in investment roles
Main clients (by assets)High net worth individuals 73%, Individuals 21%, Companies 3%
Main officeSt. Louis, MO
Form ADV · 2026-08-19SEC adviser record

$339.3m reported value +31.7% vs Q1 2025

242positions

31.4%in top 10

46 new 111 added 77 reduced 25 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	NVIDIA CORPORATION COM NVDA	NVDA	117,443	$20.4m6.01%	6.01%	Added +4.1k	+4,071 3.6%
2	MICROSOFT CORP COM MSFT	MSFT	31,282	$16.1m4.74%	4.74%	Added +1.9k	+1,906 6.5%
3	APPLE INC COM AAPL	AAPL	59,787	$12.8m3.77%	3.77%	Added +4.7k	+4,689 8.5%
4	AMAZON COM INC COM AMZN	AMZN	52,361	$12.1m3.57%	3.57%	Added +100	+100 0.2%
5	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	15,726	$10.0m2.95%	2.95%	Added +8.3k	+8,298 111.7%
6	MASTERCARD INCORPORATED CL A MA	MA	15,591	$8.9m2.61%	2.61%	Added +1.1k	+1,116 7.7%
7	ELI LILLY & CO COM LLY	LLY	8,973	$7.3m2.15%	2.15%	Added +249	+249 2.9%
8	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	31,528	$6.6m1.94%	1.94%	Reduced -52	-52 -0.2%
9	WALMART INC COM WMT	WMT	65,647	$6.4m1.89%	1.89%	Added +5.4k	+5,410 9.0%
10	ALPHABET INC CAP STK CL C GOOG	GOOG	31,628	$6.1m1.81%	1.81%	Added +1.7k	+1,696 5.7%
11	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	11,900	$5.4m1.59%	1.59%	Added +200	+200 1.7%
12	PROSHARES TR S&P 500 DV ARIST NOBL	NOBL	45,105	$4.7m1.39%	1.39%	Reduced -668	-668 -1.5%
13	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	8,981	$4.3m1.28%	1.28%	Reduced -479	-479 -5.1%
14	COSTCO WHSL CORP NEW COM COST	COST	4,489	$4.2m1.24%	1.24%	Added +1.6k	+1,591 54.9%
15	EATON VANCE ENHANCED EQUITY COM EOI	EOI	199,103	$4.2m1.23%	1.23%	Added +5.4k	+5,352 2.8%
16	THE CIGNA GROUP COM CI	CI	13,982	$4.1m1.22%	1.22%	Reduced -34	-34 -0.2%
17	FIRST TR EXCHANGE-TRADED FD CAP STRENGTH ETF FTCS	FTCS	44,047	$4.1m1.20%	1.20%	Added +493	+493 1.1%
18	META PLATFORMS INC CL A META	META	5,671	$4.0m1.19%	1.19%	Added +156	+156 2.8%
19	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	7,006	$4.0m1.17%	1.17%	Added +3.0k	+2,999 74.8%
20	PROCTER AND GAMBLE CO COM PG	PG	24,326	$3.9m1.13%	1.13%	Reduced -711	-711 -2.8%
21	ORACLE CORP COM ORCL	ORCL	14,978	$3.7m1.08%	1.08%	Reduced -135	-135 -0.9%
22	ISHARES TR S&P 500 GRWT ETF IVW	IVW	31,455	$3.6m1.06%	1.06%	Added +24.1k	+24,143 330.2%
23	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	126,517	$3.5m1.02%	1.02%	Reduced -21.0k	-21,019 -14.2%
24	JPMORGAN CHASE & CO COM JPM	JPM	11,446	$3.4m1.01%	1.01%	Reduced -168	-168 -1.4%
25	HOME DEPOT INC COM HD	HD	9,073	$3.4m1.00%	1.00%	Reduced -71	-71 -0.8%
26	NETFLIX INC COM NFLX	NFLX	2,785	$3.3m0.97%	0.97%	Reduced -53	-53 -1.9%
27	ISHARES TR MSCI EAFE ETF EFA	EFA	32,284	$2.9m0.86%	0.86%	New
28	GE AEROSPACE COM NEW GE	GE	9,340	$2.5m0.75%	0.75%	Added +46	+46 0.5%
29	ISHARES TR PFD AND INCM SEC PFF	PFF	77,391	$2.4m0.71%	0.71%	Reduced -57	-57 -0.1%
30	ISHARES TR CORE S&P500 ETF IVV	IVV	3,693	$2.4m0.70%	0.70%	Added +8	+8 0.2%
31	CINTAS CORP COM CTAS	CTAS	10,462	$2.3m0.69%	0.69%	Added +4.1k	+4,095 64.3%
32	STRATEGY SHS DAY HAGAN NED SSUS	SSUS	46,565	$2.3m0.67%	0.67%	Reduced -4.5k	-4,519 -8.8%
33	ISHARES TR RUS 1000 GRW ETF IWF	IWF	4,905	$2.2m0.64%	0.64%	Added +247	+247 5.3%
34	CATERPILLAR INC COM CAT	CAT	4,836	$2.1m0.62%	0.62%	Added +8	+8 0.2%
35	PARKER-HANNIFIN CORP COM PH	PH	2,763	$2.0m0.60%	0.60%	Added +4	+4 0.1%
36	ISHARES TR MSCI EMG MKT ETF EEM	EEM	40,887	$2.0m0.60%	0.60%	New
37	HOWMET AEROSPACE INC COM HWM	HWM	10,617	$2.0m0.59%	0.59%	Added +1.3k	+1,258 13.4%
38	NASDAQ INC COM NDAQ	NDAQ	21,103	$2.0m0.59%	0.59%	Reduced -183	-183 -0.9%
39	NUVEEN MUN VALUE FD INC COM NUV	NUV	224,776	$1.9m0.57%	0.57%	Added +2.5k	+2,534 1.1%
40	EATON VANCE ENHANCED EQUITY COM EOS	EOS	78,383	$1.9m0.56%	0.56%	Reduced -41	-41 -0.1%
41	JOHNSON & JOHNSON COM JNJ	JNJ	11,179	$1.9m0.55%	0.55%	Reduced -42	-42 -0.4%
42	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	5,844	$1.8m0.53%	0.53%	Added +1.7k	+1,665 39.8%
43	GE VERNOVA INC COM GEV	GEV	2,732	$1.8m0.52%	0.52%	Added +1.6k	+1,582 137.6%
44	ISHARES TR CORE S&P SCP ETF IJR	IJR	15,393	$1.7m0.51%	0.51%	Reduced -2.0k	-2,048 -11.7%
45	EATON VANCE TAX-MANAGED GLOB COM ETW	ETW	196,762	$1.7m0.51%	0.51%	Reduced -1.4k	-1,426 -0.7%
46	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,768	$1.7m0.50%	0.50%	Added +2.7k	+2,733 45.3%
47	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	3,577	$1.7m0.50%	0.50%	Added +489	+489 15.8%
48	VISA INC COM CL A V	V	4,691	$1.7m0.49%	0.49%	Added +47	+47 1.0%
49	ISHARES TR MSCI USA MIN VOL USMV	USMV	17,003	$1.6m0.47%	0.47%	Reduced -40	-40 -0.2%
50	WASTE MGMT INC DEL COM WM	WM	6,697	$1.5m0.45%	0.45%	Added +4.0k	+4,006 148.9%
51	ISHARES TR CORE DIV GRWTH DGRO	DGRO	23,154	$1.5m0.45%	0.45%	Added +80	+80 0.3%
52	CARPENTER TECHNOLOGY CORP COM CRS	CRS	5,420	$1.5m0.44%	0.44%	Added +964	+964 21.6%
53	SEA LTD SPONSORD ADS SE	SE	9,475	$1.5m0.44%	0.44%	Added +3.6k	+3,622 61.9%
54	EMERSON ELEC CO COM EMR	EMR	9,968	$1.5m0.44%	0.44%	Reduced -164	-164 -1.6%
55	PALO ALTO NETWORKS INC COM PANW	PANW	7,275	$1.5m0.44%	0.44%	Added +157	+157 2.2%
56	INVESCO EXCHANGE TRADED FD T S&P MDCP QUALITY XMHQ	XMHQ	14,117	$1.5m0.43%	0.43%	Reduced -1.1k	-1,147 -7.5%
57	AMEREN CORP COM AEE	AEE	14,502	$1.5m0.43%	0.43%	Reduced -3.0k	-3,003 -17.2%
58	CONSTELLATION ENERGY CORP COM CEG	CEG	4,318	$1.4m0.42%	0.42%	Added +2.1k	+2,122 96.6%
59	LOWES COS INC COM LOW	LOW	6,222	$1.4m0.42%	0.42%	Added +9	+9 0.1%
60	DRAFTKINGS INC NEW COM CL A DKNG	DKNG	31,346	$1.4m0.41%	0.41%	Added +2.1k	+2,111 7.2%
61	TORTOISE CAPITAL SERIES TRUS ENERGY FD TNGY	TNGY	155,549	$1.4m0.41%	0.41%	New
62	BROADCOM INC COM AVGO	AVGO	4,818	$1.4m0.41%	0.41%	Added +735	+735 18.0%
63	FIDELITY COVINGTON TRUST ENHANCED INTL FENI	FENI	40,054	$1.4m0.40%	0.40%	Added +17.6k	+17,644 78.7%
64	ARISTA NETWORKS INC COM SHS ANET	ANET	11,841	$1.4m0.40%	0.40%	New
65	RTX CORPORATION COM RTX	RTX	8,473	$1.3m0.39%	0.39%	Reduced -411	-411 -4.6%
66	ABBOTT LABS COM ABT	ABT	10,416	$1.3m0.39%	0.39%	Added +6.7k	+6,705 180.7%
67	MERCADOLIBRE INC COM MELI	MELI	551	$1.3m0.38%	0.38%	Added +130	+130 30.9%
68	CBRE GBL REAL ESTATE INC FD COM COM		257,529	$1.3m0.38%	0.38%	Added +3.0k	+2,997 1.2%
69	IRON MTN INC DEL COM IRM	IRM	12,821	$1.3m0.38%	0.38%	Reduced -40	-40 -0.3%
70	VALERO ENERGY CORP COM VLO	VLO	8,652	$1.2m0.36%	0.36%	Added +61	+61 0.7%
71	DATADOG INC CL A COM DDOG	DDOG	8,156	$1.2m0.36%	0.36%	Reduced -325	-325 -3.8%
72	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	6,504	$1.2m0.36%	0.36%	Added +464	+464 7.7%
73	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	8,744	$1.2m0.35%	0.35%	Reduced -940	-940 -9.7%
74	ISHARES TR MORNINGSTAR GRWT ILCG	ILCG	11,867	$1.2m0.35%	0.35%	Reduced -333	-333 -2.7%
75	INVESCO EXCHANGE TRADED FD T BUYBACK ACHIEV PKW	PKW	9,191	$1.2m0.35%	0.35%	Added +4	+4 0.0%
76	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	2,499	$1.2m0.34%	0.34%	New
77	DIGITAL RLTY TR INC COM DLR	DLR	6,541	$1.2m0.34%	0.34%	Reduced -106	-106 -1.6%
78	PROSHARES TR S&P MDCP 400 DIV REGL	REGL	13,612	$1.1m0.34%	0.34%	Added +557	+557 4.3%
79	CELESTICA INC COM CLS	CLS	6,696	$1.1m0.34%	0.34%	Reduced -293	-293 -4.2%
80	ISHARES TR BROAD USD HIGH USHY	USHY	30,132	$1.1m0.33%	0.33%	New
81	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	4,305	$1.1m0.33%	0.33%	Reduced -35	-35 -0.8%
82	ADOBE INC COM ADBE	ADBE	3,008	$1.1m0.33%	0.33%	Added +32	+32 1.1%
83	VANGUARD INDEX FDS VALUE ETF VTV	VTV	6,022	$1.1m0.32%	0.32%	New
84	HUNTINGTON INGALLS INDS INC COM HII	HII	4,103	$1.1m0.32%	0.32%	Added +2.2k	+2,153 110.4%
85	BANK AMERICA CORP COM BAC	BAC	22,295	$1.1m0.32%	0.32%	Reduced -2.2k	-2,194 -9.0%
86	REPUBLIC SVCS INC COM RSG	RSG	4,388	$1.1m0.32%	0.32%	Added +7	+7 0.2%
87	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	19,997	$1.1m0.31%	0.31%	Added +10.9k	+10,853 118.7%
88	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	10,254	$1.0m0.31%	0.31%	Added +712	+712 7.5%
89	KROGER CO COM KR	KR	14,575	$1.0m0.31%	0.31%	Added +5.3k	+5,293 57.0%
90	CISCO SYS INC COM CSCO	CSCO	15,086	$1.0m0.31%	0.31%	Reduced -200	-200 -1.3%
91	EXXON MOBIL CORP COM XOM	XOM	9,262	$1.0m0.30%	0.30%	Added +144	+144 1.6%
92	VANGUARD SCOTTSDALE FDS LONG TERM TREAS VGLT	VGLT	17,755	$977.9k0.29%	0.29%	Reduced -2.8k	-2,799 -13.6%
93	INVESCO EXCH TRADED FD TR II S&P 500 MOMNTM SPMO	SPMO	8,442	$971.1k0.29%	0.29%	New
94	ISHARES TR SELECT DIVID ETF DVY	DVY	6,979	$963.6k0.28%	0.28%	Added +1	+1 0.0%
95	SALESFORCE INC COM CRM	CRM	3,508	$943.9k0.28%	0.28%	Added +601	+601 20.7%
96	GLOBAL X FDS NASDAQ 100 COVER QYLD	QYLD	56,232	$941.9k0.28%	0.28%	Added +3.0k	+3,001 5.6%
97	T-MOBILE US INC COM TMUS	TMUS	3,850	$937.7k0.28%	0.28%	Added +1.4k	+1,445 60.1%
98	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	12,267	$919.1k0.27%	0.27%	Added +524	+524 4.5%
99	KINDER MORGAN INC DEL COM KMI	KMI	33,333	$913.0k0.27%	0.27%	Reduced -290	-290 -0.9%
100	POWELL INDS INC COM POWL	POWL	3,663	$909.8k0.27%	0.27%	Added +62	+62 1.7%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
ADMA BIOLOGICS INC ADMA	ADMA	61,591	$1.4m61.6k shares
ISHARES TR HEFA	HEFA	20,179	$694.1k20.2k shares
KRYSTAL BIOTECH INC KRYS	KRYS	3,867	$654.0k3.9k shares
3M CO MMM	MMM	3,838	$519.2k3.8k shares
WORLD GOLD TR GLDM	GLDM	7,506	$480.4k7.5k shares
ISHARES TR SHY	SHY	5,627	$464.9k5.6k shares
AMERICAN FINL GROUP INC OHIO AFG	AFG	3,493	$444.1k3.5k shares
HALOZYME THERAPEUTICS INC HALO	HALO	6,751	$413.7k6.8k shares
ROCKET LAB USA INC		19,580	$412.6k19.6k shares
CLOROX CO DEL CLX	CLX	2,867	$399.8k2.9k shares
DISCOVER FINL SVCS DFS	DFS	2,278	$364.9k2.3k shares
EMCOR GROUP INC EME	EME	889	$346.8k889 shares
PHILIP MORRIS INTL INC PM	PM	2,035	$325.7k2.0k shares
UNITEDHEALTH GROUP INC UNH	UNH	541	$315.8k541 shares
CORCEPT THERAPEUTICS INC CORT	CORT	3,354	$233.4k3.4k shares
ISHARES TR IBDQ	IBDQ	9,052	$227.3k9.1k shares
ISHARES TR IBDR	IBDR	9,303	$224.3k9.3k shares
EASTMAN CHEM CO EMN	EMN	2,864	$222.5k2.9k shares
SPDR DOW JONES INDL AVERAGE DIA	DIA	548	$221.4k548 shares
LULULEMON ATHLETICA INC LULU	LULU	849	$217.0k849 shares
BJS WHSL CLUB HLDGS INC BJ	BJ	1,748	$207.6k1.7k shares
DIAGEO PLC DEO	DEO	1,624	$204.1k1.6k shares
ISHARES TR		8,740	$204.0k8.7k shares
LOCKHEED MARTIN CORP LMT	LMT	429	$201.4k429 shares
SPDR SER TR HYMB	HYMB	8,226	$200.1k8.2k shares