Clarity Financial LLC

Houston, TX · CIK 1862145 · 13F filing filed 2024-07-30

SEC-registered investment adviser since 2013 · limited liability company

Assets managed$1.8bn
Staff17 · 17 in investment roles
Main clients (by assets)High net worth individuals 77%, Individuals 20%, Other advisers 2%
Form ADV · 2026-07-16SEC adviser record

$664.7m reported value +3.0% vs Q1 2024

122positions

44.7%in top 10

11 new 47 added 52 reduced 5 sold out vs Q1 2024

Options: 2 call positions ($10.8m notional), 1 put positions ($1.5m notional) – listed below, not included above.

Holdings, Q2 2024

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	ISHARES TR 1 3 YR TREAS BD SHY	SHY	563,383	$46.0m6.92%	6.92%	Added +18.2k	+18,204 3.3%
2	ISHARES TR 7-10 YR TRSY BD IEF	IEF	410,043	$38.4m5.78%	5.78%	Added +10.7k	+10,747 2.7%
3	ISHARES TR 3 7 YR TREAS BD IEI	IEI	269,689	$31.1m4.69%	4.69%	Added +9.1k	+9,052 3.5%
4	APPLE INC COM AAPL	AAPL	141,249	$29.7m4.48%	4.48%	Added +2.5k	+2,549 1.8%
5	ABBVIE INC COM ABBV	ABBV	154,625	$26.5m3.99%	3.99%	Added +3.1k	+3,137 2.1%
6	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	116,704	$26.4m3.97%	3.97%	Reduced -612	-612 -0.5%
7	EXXON MOBIL CORP COM XOM	XOM	221,981	$25.6m3.84%	3.84%	Reduced -44.9k	-44,930 -16.8%
8	ALPHABET INC CAP STK CL C GOOG	GOOG	139,232	$25.5m3.84%	3.84%	Added +1.0k	+1,041 0.8%
9	MICROSOFT CORP COM MSFT	MSFT	53,678	$24.0m3.61%	3.61%	Added +906	+906 1.7%
10	COSTCO WHSL CORP NEW COM COST	COST	28,065	$23.9m3.59%	3.59%	Added +2.2k	+2,183 8.4%
11	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	128,520	$18.7m2.82%	2.82%	Reduced -678	-678 -0.5%
12	AMAZON COM INC COM AMZN	AMZN	96,257	$18.6m2.80%	2.80%	Reduced -259	-259 -0.3%
13	STANLEY BLACK & DECKER INC COM SWK	SWK	224,475	$17.9m2.70%	2.70%	Added +84.5k	+84,540 60.4%
14	DUKE ENERGY CORP NEW COM NEW DUK	DUK	168,818	$16.9m2.55%	2.55%	Reduced -69.0k	-69,014 -29.0%
15	PROCTER AND GAMBLE CO COM PG	PG	101,708	$16.8m2.52%	2.52%	Added +1.8k	+1,800 1.8%
16	ELI LILLY & CO COM LLY	LLY	18,184	$16.5m2.48%	2.48%	Added +5.8k	+5,843 47.4%
17	NVIDIA CORPORATION COM NVDA	NVDA	125,086	$15.5m2.32%	2.32%	Added +9.1k	+9,126 7.9%
18	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	178,041	$15.3m2.29%	2.29%	Reduced -21.3k	-21,344 -10.7%
19	ADVANCED MICRO DEVICES INC COM AMD	AMD	89,882	$14.6m2.19%	2.19%	Added +25.1k	+25,115 38.8%
20	WALMART INC COM WMT	WMT	186,067	$12.6m1.90%	1.90%	Added +54.0k	+54,038 40.9%
21	ISHARES TR 20 YR TR BD ETF TLT	TLT	135,794	$12.5m1.88%	1.88%	Reduced -4.9k	-4,939 -3.5%
22	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	135,483	$12.4m1.87%	1.87%	Added +8.5k	+8,545 6.7%
23	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	160,206	$12.3m1.85%	1.85%	Reduced -1.2k	-1,178 -0.7%
24	DIAMONDBACK ENERGY INC COM FANG	FANG	58,060	$11.6m1.75%	1.75%	Added +29.9k	+29,873 106.0%
25	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	28,344	$11.5m1.73%	1.73%	Added +6.8k	+6,805 31.6%
26	SELECT SECTOR SPDR TR ENERGY XLE	XLE	117,965	$10.8m1.62%	1.62%	Added +14.0k	+14,008 13.5%
27	PALO ALTO NETWORKS INC COM PANW	PANW	29,763	$10.1m1.52%	1.52%	Added +19.0k	+18,984 176.1%
28	RTX CORPORATION COM RTX	RTX	93,697	$9.4m1.42%	1.42%	Added +596	+596 0.6%
29	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	46,226	$8.4m1.27%	1.27%	Reduced -7.9k	-7,929 -14.6%
30	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	120,113	$8.2m1.23%	1.23%	Added +191	+191 0.2%
31	PUBLIC STORAGE COM PSA	PSA	22,019	$6.3m0.95%	0.95%	Added +19.5k	+19,517 780.1%
32	GE VERNOVA INC COM GEV	GEV	34,439	$5.9m0.89%	0.89%	New
33	ONEOK INC NEW COM OKE	OKE	68,669	$5.6m0.84%	0.84%	New
34	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	9,798	$5.3m0.80%	0.80%	Added +106	+106 1.1%
35	VISA INC COM CL A V	V	20,278	$5.3m0.80%	0.80%	Reduced -19.0k	-18,977 -48.3%
36	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	18,989	$5.0m0.74%	0.74%	Reduced -390	-390 -2.0%
37	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	109,091	$4.5m0.67%	0.67%	Reduced -2.0k	-2,035 -1.8%
38	SELECT SECTOR SPDR TR RL EST SEL SEC XLRE	XLRE	108,231	$4.2m0.63%	0.63%	New
39	NINE ENERGY SERVICE INC COM NINEQ	NINEQ	2,468,004	$4.1m0.62%	0.62%	Reduced -3.2k	-3,245 -0.1%
40	SELECT SECTOR SPDR TR INDL XLI	XLI	33,612	$4.1m0.62%	0.62%	Reduced -345	-345 -1.0%
41	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	9,545	$3.0m0.45%	0.45%	Added +70	+70 0.7%
42	ISHARES TR SHORT TREAS BD SHV	SHV	22,984	$2.5m0.38%	0.38%	Added +1.4k	+1,355 6.3%
43	VERIZON COMMUNICATIONS INC COM VZ	VZ	56,851	$2.3m0.35%	0.35%	Reduced -989	-989 -1.7%
44	SELECT SECTOR SPDR TR SBI MATERIALS XLB	XLB	23,818	$2.1m0.32%	0.32%	Reduced -144	-144 -0.6%
45	ISHARES TR FLTG RATE NT ETF FLOT	FLOT	32,954	$1.7m0.25%	0.25%	Unchanged
46	ISHARES TR CORE US AGGBD ET AGG	AGG	15,791	$1.5m0.23%	0.23%	Reduced -1.8k	-1,784 -10.2%
47	JPMORGAN CHASE & CO COM JPM	JPM	6,497	$1.3m0.20%	0.20%	Reduced -14	-14 -0.2%
48	UNITEDHEALTH GROUP INC COM UNH	UNH	2,351	$1.2m0.18%	0.18%	Reduced -35.8k	-35,788 -93.8%
49	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	9,651	$1.1m0.17%	0.17%	Reduced -98	-98 -1.0%
50	ISHARES TR TRS FLT RT BD TFLO	TFLO	22,323	$1.1m0.17%	0.17%	Reduced -1.9k	-1,892 -7.8%
51	ALPHABET INC CAP STK CL A GOOGL	GOOGL	5,545	$1.0m0.15%	0.15%	Added +589	+589 11.9%
52	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	3,382	$904.8k0.14%	0.14%	Added +428	+428 14.5%
53	FIRST TR EXCHANGE-TRADED FD SENIOR LN FD FTSL	FTSL	19,611	$896.4k0.13%	0.13%	Unchanged
54	CHEVRON CORP NEW COM CVX	CVX	5,725	$895.4k0.13%	0.13%	Added +343	+343 6.4%
55	ALTRIA GROUP INC COM MO	MO	19,092	$869.7k0.13%	0.13%	Reduced -1.1k	-1,076 -5.3%
56	JOHNSON & JOHNSON COM JNJ	JNJ	5,810	$849.1k0.13%	0.13%	Reduced -1.6k	-1,604 -21.6%
57	COMCAST CORP NEW CL A CMCSA	CMCSA	20,241	$792.6k0.12%	0.12%	Reduced -490.4k	-490,398 -96.0%
58	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	1,849	$691.5k0.10%	0.10%	Reduced -32	-32 -1.7%
59	AMERICAN ELEC PWR CO INC COM AEP	AEP	6,974	$611.9k0.09%	0.09%	Added +286	+286 4.3%
60	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	1,193	$596.6k0.09%	0.09%	Reduced -1.1k	-1,084 -47.6%
61	CBRE GROUP INC CL A CBRE	CBRE	6,633	$591.1k0.09%	0.09%	Added +49	+49 0.7%
62	ISHARES TR MSCI EAFE ETF EFA	EFA	7,534	$590.2k0.09%	0.09%	Reduced -99	-99 -1.3%
63	META PLATFORMS INC CL A META	META	1,106	$557.7k0.08%	0.08%	Added +15	+15 1.4%
64	BROADCOM INC COM AVGO	AVGO	344	$552.3k0.08%	0.08%	Reduced -57	-57 -14.2%
65	PRUDENTIAL FINL INC COM PRU	PRU	4,692	$549.9k0.08%	0.08%	Reduced -36	-36 -0.8%
66	DEVON ENERGY CORP NEW COM DVN	DVN	11,590	$549.4k0.08%	0.08%	Reduced -261	-261 -2.2%
67	PEPSICO INC COM PEP	PEP	3,330	$549.2k0.08%	0.08%	Added +120	+120 3.7%
68	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	3,126	$533.8k0.08%	0.08%	Added +421	+421 15.6%
69	HOME DEPOT INC COM HD	HD	1,539	$529.8k0.08%	0.08%	Reduced -149	-149 -8.8%
70	BLACKROCK CORE BD TR SHS BEN INT BHK	BHK	46,721	$497.6k0.07%	0.07%	Reduced -8.9k	-8,915 -16.0%
71	CVS HEALTH CORP COM CVS	CVS	8,317	$491.2k0.07%	0.07%	Reduced -1.6k	-1,583 -16.0%
72	ISHARES GOLD TR ISHARES NEW IAU	IAU	10,641	$467.5k0.07%	0.07%	Reduced -2.8k	-2,771 -20.7%
73	GRAINGER W W INC COM GWW	GWW	515	$464.7k0.07%	0.07%	Unchanged
74	CISCO SYS INC COM CSCO	CSCO	9,772	$464.3k0.07%	0.07%	Added +488	+488 5.3%
75	ISHARES TR CORE S&P500 ETF IVV	IVV	789	$431.8k0.06%	0.06%	Reduced -1.5k	-1,511 -65.7%
76	NETAPP INC COM NTAP	NTAP	3,339	$430.1k0.06%	0.06%	Reduced -103	-103 -3.0%
77	ISHARES TR TIPS BD ETF TIP	TIP	3,827	$408.6k0.06%	0.06%	Added +322	+322 9.2%
78	PURECYCLE TECHNOLOGIES INC COM PCT	PCT	68,190	$403.7k0.06%	0.06%	Unchanged
79	ISHARES TR RUS 1000 VAL ETF IWD	IWD	2,209	$385.4k0.06%	0.06%	Unchanged
80	3M CO COM MMM	MMM	3,568	$364.6k0.05%	0.05%	New
81	VANGUARD WORLD FD EXTENDED DUR EDV	EDV	4,884	$358.6k0.05%	0.05%	Added +486	+486 11.1%
82	ISHARES TR US TREAS BD ETF GOVT	GOVT	15,749	$355.5k0.05%	0.05%	Reduced -3.8k	-3,825 -19.5%
83	MASTERCARD INCORPORATED CL A MA	MA	797	$351.8k0.05%	0.05%	Added +19	+19 2.4%
84	QUANTA SVCS INC COM PWR	PWR	1,370	$348.1k0.05%	0.05%	Unchanged
85	SNOWFLAKE INC CL A SNOW	SNOW	2,500	$337.7k0.05%	0.05%	New
86	ARISTA NETWORKS INC COM COM		953	$334.0k0.05%	0.05%	Reduced -307	-307 -24.4%
87	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,397	$333.5k0.05%	0.05%	New
88	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	1,807	$329.9k0.05%	0.05%	Added +632	+632 53.8%
89	NIKE INC CL B NKE	NKE	4,217	$317.8k0.05%	0.05%	Added +358	+358 9.3%
90	BANK AMERICA CORP COM BAC	BAC	7,902	$314.3k0.05%	0.05%	Added +1.2k	+1,239 18.6%
91	ISHARES TR MORTGE REL ETF REM	REM	14,036	$311.0k0.05%	0.05%	Added +2.3k	+2,347 20.1%
92	KRAFT HEINZ CO COM KHC	KHC	9,521	$306.8k0.05%	0.05%	Added +184	+184 2.0%
93	ISHARES TR MSCI USA MIN VOL USMV	USMV	3,551	$298.2k0.04%	0.04%	Reduced -36	-36 -1.0%
94	SPROTT PHYSICAL GOLD TR UNIT PHYS	PHYS	16,195	$292.5k0.04%	0.04%	Reduced -4.2k	-4,200 -20.6%
95	ABBOTT LABS COM ABT	ABT	2,811	$292.1k0.04%	0.04%	Reduced -487	-487 -14.8%
96	SPROTT PHYSICAL SILVER TR TR UNIT PSLV	PSLV	29,212	$290.1k0.04%	0.04%	Reduced -4.0k	-4,025 -12.1%
97	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	9,932	$287.8k0.04%	0.04%	Reduced -87	-87 -0.9%
98	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	596	$285.7k0.04%	0.04%	Reduced -74	-74 -11.0%
99	CONOCOPHILLIPS COM COP	COP	2,460	$281.4k0.04%	0.04%	Added +124	+124 5.3%
100	PROSHARES TR PSHS ULTRA TECH ROM	ROM	3,852	$269.0k0.04%	0.04%	New

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
PROSHARES TR SH	SH	298,781	$3.5m298.8k shares
VANGUARD TAX-MANAGED FDS VEA	VEA	7,273	$364.9k7.3k shares
J P MORGAN EXCHANGE TRADED F JPST	JPST	5,917	$298.5k5.9k shares
VANGUARD INTL EQUITY INDEX F VWO	VWO	5,067	$211.6k5.1k shares
NUVEEN TAXABLE MUNICPAL INM NBB	NBB	11,688	$179.1k11.7k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
ISHARES TR TLT · Call	TLT	Call	102,600	$9.4m102.6k shares	Reduced
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	2,700	$1.5m2.7k shares	Reduced
AMAZON COM INC AMZN · Call	AMZN	Call	7,100	$1.4m7.1k shares	Added