Brookstone Capital Management

WHEATON, IL · CIK 1599584 · 13F filing filed 2026-07-15

SEC-registered investment adviser since 2007 · limited liability company

Assets managed$12.8bn
Staff405 · 320 in investment roles
Main clients (by assets)Individuals 86%, High net worth individuals 13%
Websitebrookstonecm.com
Form ADV · 2026-09-29SEC adviser record

$10.0bn reported value +13.8% vs Q1 2026

1,305positions

18.4%in top 10

178 new 624 added 477 reduced 76 sold out vs Q1 2026

Options: 2 call positions ($326.0k notional), 1 put positions ($27.6m notional) – listed below, not included above.

Holdings, Q2 2026

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	VANGUARD INDEX FDS VALUE ETF VTV	VTV	1,134,611	$247.3m2.48%	2.48%	Added +65.0k	+64,980 6.1%
2	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	2,655,293	$228.7m2.30%	2.30%	Added +93.7k	+93,689 3.7%
3	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	281,491	$210.2m2.11%	2.11%	Reduced -4.6k	-4,575 -1.6%
4	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	284,676	$209.6m2.11%	2.11%	Added +19.5k	+19,479 7.3%
5	NVIDIA CORPORATION COM NVDA	NVDA	981,311	$196.4m1.97%	1.97%	Added +79.3k	+79,288 8.8%
6	APPLE INC COM AAPL	AAPL	609,042	$176.2m1.77%	1.77%	Added +53.8k	+53,816 9.7%
7	ISHARES TR CORE S&P500 ETF IVV	IVV	233,815	$175.1m1.76%	1.76%	Added +41.3k	+41,277 21.4%
8	AMAZON COM INC COM AMZN	AMZN	576,596	$137.4m1.38%	1.38%	Added +77.8k	+77,787 15.6%
9	NORTHERN LTS FD TR IV BROOKSTONE GRWTH BAMG	BAMG	2,899,261	$131.3m1.32%	1.32%	Added +129.1k	+129,081 4.7%
10	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	168,391	$115.7m1.16%	1.16%	Added +27.0k	+26,991 19.1%
11	INVESCO EXCH TRADED FD TR II S&P500 HDL VOL SPHD	SPHD	2,247,099	$114.2m1.15%	1.15%	Added +133.5k	+133,471 6.3%
12	MICROSOFT CORP COM MSFT	MSFT	262,567	$97.9m0.98%	0.98%	Added +34.9k	+34,909 15.3%
13	ISHARES TR CORE US AGGBD ET AGG	AGG	979,730	$97.0m0.97%	0.97%	Added +38.9k	+38,852 4.1%
14	NORTHERN LTS FD TR IV BROOKSTONE VALUE BAMV	BAMV	2,664,258	$93.7m0.94%	0.94%	Reduced -47.3k	-47,261 -1.7%
15	ISHARES TR CORE MSCI EAFE IEFA	IEFA	950,200	$91.8m0.92%	0.92%	Reduced -85.1k	-85,056 -8.2%
16	ISHARES INC CORE MSCI EMKT IEMG	IEMG	1,092,956	$90.5m0.91%	0.91%	Reduced -28.0k	-28,002 -2.5%
17	ALPHABET INC CAP STK CL A GOOGL	GOOGL	252,846	$90.4m0.91%	0.91%	Added +16.3k	+16,316 6.9%
18	NORTHERN LTS FD TR IV BROOKSTONE DIVID BAMD	BAMD	2,708,521	$88.2m0.89%	0.89%	Reduced -97.8k	-97,800 -3.5%
19	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	362,292	$85.7m0.86%	0.86%	Added +22.5k	+22,463 6.6%
20	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	1,133,889	$80.8m0.81%	0.81%	Added +84.7k	+84,704 8.1%
21	ISHARES TR RUSSELL 2000 ETF IWM	IWM	266,352	$80.0m0.80%	0.80%	Added +11.7k	+11,725 4.6%
22	ISHARES TR MSCI USA MIN VOL USMV	USMV	818,996	$79.0m0.79%	0.79%	Reduced -74.6k	-74,618 -8.3%
23	ELI LILLY & CO COM LLY	LLY	65,395	$78.4m0.79%	0.79%	Added +25.2k	+25,186 62.6%
24	NORTHERN LTS FD TR IV BROOKSTONE ULTRA BAMU	BAMU	2,544,231	$64.2m0.64%	0.64%	Reduced -103.7k	-103,739 -3.9%
25	META PLATFORMS INC CL A META	META	108,312	$61.0m0.61%	0.61%	Added +27.9k	+27,925 34.7%
26	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	662,930	$60.8m0.61%	0.61%	Reduced -62.4k	-62,390 -8.6%
27	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	1,889,445	$59.9m0.60%	0.60%	Added +1.1m	+1,124,540 147.0%
28	INNOVATOR ETFS TRUST US EQT ULTRA BF UJAN	UJAN	1,312,460	$59.5m0.60%	0.60%	Reduced -207.3k	-207,289 -13.6%
29	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	270,487	$57.6m0.58%	0.58%	Added +6.6k	+6,646 2.5%
30	INNOVATOR ETFS TRUST US EQT ULTRA BFR UFEB	UFEB	1,463,509	$56.6m0.57%	0.57%	Reduced -244.6k	-244,618 -14.3%
31	INNOVATOR ETFS TRUST US EQT ULTRA BF UMAR	UMAR	1,323,889	$55.9m0.56%	0.56%	Added +1.3m	+1,299,523 5333.4%
32	INNOVATOR ETFS TRUST US EQT ULTRA BF UMAY	UMAY	1,468,661	$55.8m0.56%	0.56%	Added +1.4m	+1,441,258 5259.5%
33	INNOVATOR ETFS TRUST US EQT ULTRA BF UJUN	UJUN	1,441,222	$55.5m0.56%	0.56%	Added +1.4m	+1,417,242 5910.1%
34	ISHARES TR TRS FLT RT BD TFLO	TFLO	1,096,345	$55.5m0.56%	0.56%	Added +31.1k	+31,145 2.9%
35	NORTHERN LTS FD TR IV BROOKSTONE INTER BAMB	BAMB	2,124,376	$55.2m0.55%	0.55%	Reduced -105.4k	-105,363 -4.7%
36	INNOVATOR ETFS TRUST US EQTY BUFR JAN BJAN	BJAN	883,904	$52.0m0.52%	0.52%	Added +251.4k	+251,387 39.7%
37	ETF SER SOLUTIONS LHA MKT ST TACTL MSTB	MSTB	1,194,657	$51.2m0.51%	0.51%	Added +3.3k	+3,281 0.3%
38	INNOVATOR ETFS TRUST US EQTY BUFR FEB BFEB	BFEB	971,141	$51.1m0.51%	0.51%	Added +281.3k	+281,302 40.8%
39	SPDR GOLD TR GOLD SHS GLD	GLD	138,521	$51.0m0.51%	0.51%	Reduced -3.7k	-3,671 -2.6%
40	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	577,102	$50.7m0.51%	0.51%	Reduced -4.1k	-4,054 -0.7%
41	INNOVATOR ETFS TRUST US EQTY BUFR MAR BMAR	BMAR	846,066	$48.8m0.49%	0.49%	Added +815.9k	+815,928 2707.3%
42	INNOVATOR ETFS TRUST US EQTY BUFR MAY BMAY	BMAY	1,018,268	$48.2m0.48%	0.48%	Added +1.0m	+1,004,521 7307.2%
43	INNOVATOR ETFS TRUST US EQTY BUFR JUN BJUN	BJUN	985,884	$48.0m0.48%	0.48%	Added +968.7k	+968,694 5635.2%
44	ADVANCED MICRO DEVICES INC COM AMD	AMD	82,337	$47.8m0.48%	0.48%	Reduced -13.8k	-13,843 -14.4%
45	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	840,573	$47.5m0.48%	0.48%	Reduced -61.9k	-61,861 -6.8%
46	NORTHERN LTS FD TR IV BROOKSTONE ACTIV BAMA	BAMA	1,282,673	$47.0m0.47%	0.47%	Reduced -66.8k	-66,765 -5.0%
47	JOHNSON & JOHNSON COM JNJ	JNJ	184,287	$46.8m0.47%	0.47%	Added +106.8k	+106,805 137.8%
48	JPMORGAN CHASE & CO COM JPM	JPM	142,934	$46.8m0.47%	0.47%	Added +39.0k	+39,033 37.6%
49	MICRON TECHNOLOGY INC COM MU	MU	39,509	$45.6m0.46%	0.46%	Added +888	+888 2.3%
50	TESLA INC COM TSLA	TSLA	107,833	$45.4m0.46%	0.46%	Reduced -1.7k	-1,695 -1.6%
51	ISHARES TR ESG AWR MSCI USA ESGU	ESGU	267,702	$43.8m0.44%	0.44%	Added +26.2k	+26,223 10.9%
52	NORTHERN LTS FD TR IV BROOKSTONE OPPOR BAMO	BAMO	1,267,814	$43.8m0.44%	0.44%	Reduced -50.8k	-50,821 -3.9%
53	BNY MELLON ETF TRUST CORE BOND ETF BKAG	BKAG	1,010,180	$42.4m0.43%	0.43%	Added +11.8k	+11,756 1.2%
54	APPLIED MATLS INC COM AMAT	AMAT	57,769	$41.8m0.42%	0.42%	Reduced -29.3k	-29,282 -33.6%
55	NORTHERN LTS FD TR IV BROOKSTONE YIELD BAMY	BAMY	1,513,552	$41.6m0.42%	0.42%	Reduced -39.4k	-39,383 -2.5%
56	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	54,103	$41.3m0.41%	0.41%	Reduced -17.2k	-17,151 -24.1%
57	VANGUARD INDEX FDS SMALL CP ETF VB	VB	134,707	$40.8m0.41%	0.41%	Added +12.6k	+12,592 10.3%
58	CATERPILLAR INC COM CAT	CAT	38,296	$40.8m0.41%	0.41%	Reduced -22.3k	-22,324 -36.8%
59	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	894,979	$40.7m0.41%	0.41%	Added +58.8k	+58,757 7.0%
60	VISA INC COM CL A V	V	113,437	$38.9m0.39%	0.39%	Added +46.9k	+46,894 70.5%
61	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	384,426	$38.7m0.39%	0.39%	Added +62.3k	+62,302 19.3%
62	BROADCOM INC COM AVGO	AVGO	102,182	$38.6m0.39%	0.39%	Added +43.7k	+43,710 74.8%
63	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	512,689	$38.4m0.39%	0.39%	Reduced -47.5k	-47,497 -8.5%
64	ISHARES TR CORE TOTAL USD IUSB	IUSB	826,609	$38.1m0.38%	0.38%	Added +262.4k	+262,443 46.5%
65	ISHARES TR IBONDS 27 TRM TS IBTH	IBTH	1,669,909	$37.4m0.38%	0.38%	Reduced -50.1k	-50,124 -2.9%
66	INNOVATOR ETFS TRUST US EQTY PWR BUF PJUN	PJUN	859,291	$37.1m0.37%	0.37%	Added +662.6k	+662,599 336.9%
67	ISHARES TR IBONDS 29 TRM TS IBTJ	IBTJ	1,700,849	$36.8m0.37%	0.37%	Reduced -47.3k	-47,283 -2.7%
68	ISHARES TR S&P 500 GRWT ETF IVW	IVW	263,593	$36.3m0.36%	0.36%	Reduced -48.8k	-48,772 -15.6%
69	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	117,219	$35.5m0.36%	0.36%	Reduced -2.2k	-2,240 -1.9%
70	AMGEN INC COM AMGN	AMGN	97,295	$35.2m0.35%	0.35%	Added +21.0k	+20,957 27.4%
71	INNOVATOR ETFS TRUST US EQTY PWR BUF PFEB	PFEB	807,115	$34.8m0.35%	0.35%	Reduced -95.0k	-94,995 -10.5%
72	INNOVATOR ETFS TRUST DEFINED WLT SHLD BALT	BALT	1,005,902	$34.5m0.35%	0.35%	Added +90.3k	+90,346 9.9%
73	INNOVATOR ETFS TRUST US EQTY PWR BUF PMAY	PMAY	832,368	$34.4m0.35%	0.35%	Added +680.7k	+680,734 448.9%
74	WALMART INC COM WMT	WMT	300,866	$34.1m0.34%	0.34%	Reduced -24.1k	-24,079 -7.4%
75	INNOVATOR ETFS TRUST US EQTY PWR BUF PMAR	PMAR	706,660	$33.8m0.34%	0.34%	Added +563.1k	+563,109 392.3%
76	FIRST TR EXCHNG TRADED FD VI FT VEST LADDERED BUFR	BUFR	919,740	$33.6m0.34%	0.34%	Added +37.5k	+37,508 4.2%
77	ISHARES TR RUS TP200 GR ETF IWY	IWY	115,100	$33.5m0.34%	0.34%	Added +10.2k	+10,217 9.7%
78	GLOBAL X FDS S&P 500 COVERED XYLD	XYLD	815,836	$33.3m0.33%	0.33%	Reduced -60.3k	-60,303 -6.9%
79	INNOVATOR ETFS TRUST US EQTY PWR BUF PJAN	PJAN	672,229	$33.3m0.33%	0.33%	Reduced -86.7k	-86,658 -11.4%
80	PALO ALTO NETWORKS INC COM PANW	PANW	95,800	$32.7m0.33%	0.33%	Reduced -58.3k	-58,265 -37.8%
81	INVESCO EXCH TRADED FD TR II SHORT TERM TREAS TBLL	TBLL	305,073	$32.2m0.32%	0.32%	Added +2.6k	+2,609 0.9%
82	VANGUARD MUN BD FDS TAX EXEMPT BD VTEB	VTEB	633,143	$32.0m0.32%	0.32%	Added +71.5k	+71,466 12.7%
83	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	534,422	$31.9m0.32%	0.32%	Added +38.3k	+38,300 7.7%
84	ISHARES TR MBS ETF MBB	MBB	336,263	$31.8m0.32%	0.32%	Added +20.4k	+20,448 6.5%
85	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	543,365	$31.6m0.32%	0.32%	Added +14.4k	+14,372 2.7%
86	ETF SER SOLUTIONS APTUS DEFINED DRSK	DRSK	1,087,822	$31.3m0.31%	0.31%	Reduced -10.6k	-10,625 -1.0%
87	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	613,088	$31.0m0.31%	0.31%	Reduced -6.0k	-6,011 -1.0%
88	ISHARES TR S&P 500 VAL ETF IVE	IVE	135,394	$30.7m0.31%	0.31%	Reduced -4.6k	-4,569 -3.3%
89	ISHARES TR IBONDS 28 TRM TS IBTI	IBTI	1,373,314	$30.4m0.31%	0.31%	Added +18.4k	+18,398 1.4%
90	INVESCO EXCH TRD SLF IDX FD INVSCO 30 CORP BSCU	BSCU	1,800,440	$30.0m0.30%	0.30%	Reduced -103.4k	-103,436 -5.4%
91	GE VERNOVA INC COM GEV	GEV	25,374	$29.8m0.30%	0.30%	Added +16.3k	+16,293 179.4%
92	INVESCO EXCH TRD SLF IDX FD RUSL 1000 DYNM OMFL	OMFL	417,609	$28.6m0.29%	0.29%	Reduced -307	-307 -0.1%
93	ETF SER SOLUTIONS LHA MKT ST TCT Q MSTQ	MSTQ	714,860	$28.5m0.29%	0.29%	Added +24.5k	+24,538 3.5%
94	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	76,368	$28.3m0.28%	0.28%	Reduced -16.0k	-16,042 -17.4%
95	INVESCO EXCH TRD SLF IDX FD BULSHS 2026 CB BSCQ	BSCQ	1,446,072	$28.2m0.28%	0.28%	Reduced -85.7k	-85,662 -5.6%
96	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	830,359	$28.1m0.28%	0.28%	Added +580.0k	+579,964 231.6%
97	INVESCO EXCH TRD SLF IDX FD BULSHS 2027 CB BSCR	BSCR	1,430,128	$28.1m0.28%	0.28%	Reduced -82.5k	-82,550 -5.5%
98	INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 28 BSCS	BSCS	1,352,439	$27.5m0.28%	0.28%	Reduced -71.9k	-71,929 -5.0%
99	ARISTA NETWORKS INC COM SHS ANET	ANET	159,626	$27.1m0.27%	0.27%	Reduced -12.1k	-12,051 -7.0%
100	VANECK ETF TRUST MRNGSTR WDE MOAT MOAT	MOAT	260,797	$27.1m0.27%	0.27%	Reduced -9.3k	-9,281 -3.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
PROSHARES TR II SCO	SCO	1,073,347	$8.9m1.1m shares
THE TRADE DESK INC TTD	TTD	250,512	$5.7m250.5k shares
ISHARES TR IAGG	IAGG	104,313	$5.2m104.3k shares
HONEYWELL INTL INC		9,901	$4.5m9.9k shares
CONSTELLATION BRANDS INC STZ	STZ	24,510	$3.7m24.5k shares
EQUIFAX INC EFX	EFX	17,614	$3.2m17.6k shares
LENNAR CORP LEN	LEN	33,436	$2.9m33.4k shares
BAXTER INTL INC BAX	BAX	163,549	$2.7m163.5k shares
NEXTRACKER INC NXT	NXT	19,705	$2.4m19.7k shares
WORKDAY INC WDAY	WDAY	18,028	$2.3m18.0k shares
INNOVATOR ETFS TRUST XBJL	XBJL	40,948	$1.6m40.9k shares
AMPLIFY COMMODITY TRUST BWET	BWET	15,617	$1.5m15.6k shares
VS TRUST		161,520	$1.4m161.5k shares
DIMENSIONAL ETF TRUST DGCB	DGCB	24,080	$1.3m24.1k shares
INNOVATOR ETFS TRUST OCTH	OCTH	46,561	$1.1m46.6k shares
UDR INC UDR	UDR	29,367	$992.0k29.4k shares
DIMENSIONAL ETF TRUST DFGP	DFGP	18,058	$975.0k18.1k shares
TIDAL ETF TR		23,070	$965.7k23.1k shares
INNOVATOR ETFS TRUST OCTJ	OCTJ	39,575	$936.7k39.6k shares
GLOBAL X FDS SIL	SIL	8,465	$762.5k8.5k shares
DECKERS OUTDOOR CORP DECK	DECK	7,390	$739.7k7.4k shares
CENTENE CORP DEL CNC	CNC	22,521	$737.3k22.5k shares
CHARTER COMMUNICATIONS INC N CHTR	CHTR	3,313	$715.2k3.3k shares
D R HORTON INC DHI	DHI	5,184	$711.4k5.2k shares
ONDAS INC ONDS	ONDS	77,526	$700.8k77.5k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	36,900	$27.6m36.9k shares	Reduced
TESLA INC TSLA · Call	TSLA	Call	600	$252.4k600 shares	New
INVESCO QQQ TR QQQ · Call	QQQ	Call	100	$73.6k100 shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
ETF SER SOLUTIONS MSTQ · 13G · filed 2026-05-04	MSTQ	71.7%	+7.1 pts	13G	2026-05-04
INNOVATOR ETFS TRUST UMAY · 13G · filed 2026-06-03	UMAY	36.1%≈ $54.8m	new	13G	2026-06-03
INNOVATOR ETFS TRUST UJUN · 13G · filed 2026-07-02	UJUN	31.7%≈ $55.5m	+30.5 pts	13G	2026-07-02
INNOVATOR ETFS TRUST UAUG · 13G · filed 2026-09-02	UAUG	23.1%≈ $54.5m	+20.1 pts	13G	2026-09-02
INNOVATOR ETFS TRUST BJUN · 13G · filed 2026-10-02	BJUN	22.7%≈ $53.8m	+6.6 pts	13G	2026-10-02
INNOVATOR ETFS TRUST USEP · 13G · filed 2026-10-02	USEP	22.6%≈ $52.2m	+21.3 pts	13G	2026-10-02
INNOVATOR ETFS TRUST BMAY · 13G · filed 2026-06-03	BMAY	18.7%≈ $43.8m	new	13G	2026-06-03
INNOVATOR ETFS TRUST UJUL · 13G · filed 2026-08-06	UJUL	18.1%≈ $53.0m	+16.0 pts	13G	2026-08-06
INNOVATOR ETFS TRUST ACII · 13G · filed 2026-09-02	ACII	17.7%≈ $23.1m	-6.3 pts	13G	2026-09-02
INNOVATOR ETFS TRUST ZAPR · 13G · filed 2025-05-05	ZAPR	16.7%≈ $7.7m	new	13G	2025-05-05
INNOVATOR ETFS TRUST BJUL · 13G · filed 2026-08-06	BJUL	15.9%≈ $54.7m	new	13G	2026-08-06
INNOVATOR ETFS TRUST BSEP · 13G · filed 2026-10-02	BSEP	12.0%≈ $54.0m	+11.4 pts	13G	2026-10-02
INNOVATOR ETFS TRUST TJAN · 13G · filed 2025-07-01	TJAN	11.9%≈ $4.9m	new	13G	2025-07-01
INNOVATOR ETFS TRUST JULH · 13G · filed 2025-01-08	JULH	8.0%≈ $1.6m		13G	2025-01-08
INNOVATOR ETFS TRUST TOCT · 13G · filed 2026-01-06	TOCT	8.0%≈ $1.2m	new	13G	2026-01-06
FIRST TR EXCHNG TRADED FD VI DJAN · 13G · filed 2025-01-08	DJAN	7.7%≈ $19.1m		13G	2025-01-08
ETF SER SOLUTIONS JUCY · 13G · filed 2025-01-08	JUCY	6.8%≈ $20.0m	new	13G	2025-01-08
INNOVATOR ETFS TRUST UDEC · 13G · filed 2026-07-02	UDEC	5.3%≈ $13.1m	-18.9 pts	13G	2026-07-02
INNOVATOR ETFS TRUST PNOV · 13G · filed 2026-01-06	PNOV	5.2%≈ $55.3m	new	13G	2026-01-06
INNOVATOR ETFS TRUST ACEI · 13G · filed 2026-01-06	ACEI	5.2%≈ $708.7k	new	13G	2026-01-06
INNOVATOR ETFS TRUST DDTS · 13G · filed 2026-01-06	DDTS	5.1%≈ $1.2m	new	13G	2026-01-06