EIGHT 31 FINANCIAL, LLC

MIDLAND, TX · CIK 2011328 · 13F filing filed 2026-08-13

SEC-registered investment adviser since 2023 · limited liability company

Assets managed$532.4m
Staff5 · 4 in investment roles
Main clients (by assets)High net worth individuals 93%, Private funds 6%
Private funds3 · $32.8m gross assets
Form ADV · 2026-03-31SEC adviser record

Kindprivate equity, real estate, wealth
Others nearbyMidland, TX

As an employer

Offices in1 country
Private fundsreal estate 2, private equity 1

$168.2m reported value +1.6% vs Q1 2026

66positions

54.8%in top 10

3 new 38 added 17 reduced 9 sold out vs Q1 2026

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 S&P 500 ETF SHS VOO	VOO	22,559	$15.5m9.21%	9.21%	Added +593	+593 2.7%
2	ISHARES TR IBOND DEC 2030 IBTK	IBTK	517,756	$10.1m6.02%	6.02%	Added +14.7k	+14,684 2.9%
3	ISHARES TR IBONDS 28 TRM TS IBTI	IBTI	428,466	$9.5m5.64%	5.64%	Added +11.3k	+11,293 2.7%
4	ISHARES TR IBONDS 29 TRM TS IBTJ	IBTJ	436,563	$9.5m5.62%	5.62%	Added +11.6k	+11,634 2.7%
5	ISHARES TR IBONDS 27 ETF IBDS	IBDS	336,581	$8.2m4.85%	4.85%	Added +7.5k	+7,456 2.3%
6	ISHARES TR IBONDS 27 TRM TS IBTH	IBTH	363,748	$8.1m4.84%	4.84%	Added +8.1k	+8,092 2.3%
7	ISHARES TR IBDS DEC28 ETF IBDT	IBDT	320,900	$8.1m4.82%	4.82%	Added +7.2k	+7,220 2.3%
8	ISHARES TR IBONDS DEC 2030 IBDV	IBDV	369,661	$8.1m4.79%	4.79%	Added +8.4k	+8,436 2.3%
9	ISHARES TR GRWT ALLOCAT ETF AOR	AOR	111,621	$7.8m4.61%	4.61%	Added +1.5k	+1,509 1.4%
10	EXXON MOBIL CORP COM XOM	XOM	54,290	$7.4m4.41%	4.41%	Added +9	+9 0.0%
11	ISHARES TR CORE MSCI INTL IDEV	IDEV	82,237	$7.3m4.35%	4.35%	Added +2.1k	+2,127 2.7%
12	APPLE INC COM AAPL	AAPL	23,924	$6.9m4.12%	4.12%	Reduced -2.0k	-1,962 -7.6%
13	TRIUMPH FINANCIAL INC COM TFIN	TFIN	89,525	$6.8m4.06%	4.06%	Unchanged
14	ISHARES TR CORE TOTAL USD IUSB	IUSB	132,158	$6.1m3.63%	3.63%	Added +1.5k	+1,543 1.2%
15	ISHARES TR CORE US AGGBD ET AGG	AGG	57,305	$5.7m3.37%	3.37%	Added +2.7k	+2,713 5.0%
16	ISHARES TR IBONDS DEC 29 IBDU	IBDU	174,330	$4.0m2.40%	2.40%	Added +4.0k	+3,952 2.3%
17	ISHARES INC CORE MSCI EMKT IEMG	IEMG	36,233	$3.0m1.78%	1.78%	Added +583	+583 1.6%
18	ISHARES TR IBONDS 2027 TERM IBHG	IBHG	107,168	$2.4m1.41%	1.41%	Added +2.8k	+2,826 2.7%
19	HIGHPEAK ENERGY INC COM HPK	HPK	335,023	$2.3m1.39%	1.39%	Unchanged
20	ISHARES TR IBONDS 2026 TERM IBHF	IBHF	103,272	$2.3m1.39%	1.39%	Added +2.8k	+2,795 2.8%
21	MICROSOFT CORP COM MSFT	MSFT	6,251	$2.3m1.39%	1.39%	Reduced -549	-549 -8.1%
22	VIPER ENERGY INC CL A VNOM	VNOM	51,173	$2.2m1.29%	1.29%	Added +47	+47 0.1%
23	NVIDIA CORPORATION COM NVDA	NVDA	10,310	$2.1m1.23%	1.23%	Reduced -870	-870 -7.8%
24	EOG RES INC COM EOG	EOG	11,388	$1.5m0.88%	0.88%	Unchanged
25	ISHARES TR IBONDS DEC 2031 IBTL	IBTL	68,555	$1.4m0.82%	0.82%	Added +3.4k	+3,377 5.2%
26	CULLEN FROST BANKERS INC COM CFR	CFR	8,361	$1.3m0.77%	0.77%	Reduced -427	-427 -4.9%
27	ISHARES TR RUS 1000 GRW ETF IWF	IWF	8,911	$1.1m0.66%	0.66%	Added +403	+403 4.7%
28	ISHARES TR MSCI ACWI ETF ACWI	ACWI	6,790	$1.1m0.63%	0.63%	Added +437	+437 6.9%
29	ISHARES TR CORE INTL AGGR IAGG	IAGG	20,673	$1.0m0.62%	0.62%	Added +257	+257 1.3%
30	ISHARES TR MODERT ALLOC ETF AOM	AOM	20,863	$1.0m0.62%	0.62%	Unchanged
31	ISHARES TR RUS 1000 VAL ETF IWD	IWD	3,775	$915.2k0.54%	0.54%	Reduced -302	-302 -7.4%
32	DIAMONDBACK ENERGY INC COM FANG	FANG	5,098	$896.1k0.53%	0.53%	Reduced -90	-90 -1.7%
33	ISHARES TR CORE S&P MCP ETF IJH	IJH	11,475	$884.8k0.53%	0.53%	Added +301	+301 2.7%
34	ISHARES TR MSCI EAFE ETF EFA	EFA	8,068	$838.1k0.50%	0.50%	Reduced -239	-239 -2.9%
35	CHEVRON CORP NEW COM CVX	CVX	4,183	$693.4k0.41%	0.41%	Reduced -112	-112 -2.6%
36	WALMART INC COM WMT	WMT	6,000	$679.6k0.40%	0.40%	Unchanged
37	ISHARES TR RUS MDCP VAL ETF IWS	IWS	3,929	$646.7k0.38%	0.38%	Reduced -332	-332 -7.8%
38	ISHARES TR AGGRES ALLOC ETF AOA	AOA	6,479	$632.4k0.38%	0.38%	Added +262	+262 4.2%
39	CONOCOPHILLIPS COM COP	COP	5,592	$581.4k0.35%	0.35%	Added +5	+5 0.1%
40	KIMBELL RTY PARTNERS LP UNIT KRP	KRP	34,767	$505.2k0.30%	0.30%	Added +186	+186 0.5%
41	AMAZON COM INC COM AMZN	AMZN	2,000	$476.7k0.28%	0.28%	Reduced -1.2k	-1,250 -38.5%
42	COSTCO WHSL CORP NEW COM COST	COST	500	$467.7k0.28%	0.28%	Reduced -25	-25 -4.8%
43	SHELL PLC SPON ADS SHEL	SHEL	5,855	$454.0k0.27%	0.27%	Reduced -357	-357 -5.8%
44	ARES CAPITAL CORP COM ARCC	ARCC	22,988	$426.0k0.25%	0.25%	Added +1.5k	+1,531 7.1%
45	DEVON ENERGY CORP NEW COM DVN	DVN	10,141	$419.0k0.25%	0.25%	Added +70	+70 0.7%
46	ISHARES TR CORE S&P SCP ETF IJR	IJR	2,721	$403.6k0.24%	0.24%	Added +70	+70 2.6%
47	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	490	$365.9k0.22%	0.22%	Reduced -177	-177 -26.5%
48	ISHARES TR RUS 2000 GRW ETF IWO	IWO	863	$340.0k0.20%	0.20%	Reduced -39	-39 -4.3%
49	ISHARES TR RUS 2000 VAL ETF IWN	IWN	1,483	$328.0k0.20%	0.20%	Reduced -184	-184 -11.0%
50	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	8,059	$296.2k0.18%	0.18%	Unchanged
51	BROADCOM INC COM AVGO	AVGO	756	$285.6k0.17%	0.17%	Reduced -24	-24 -3.1%
52	COCA COLA CO COM KO	KO	3,234	$262.8k0.16%	0.16%	Unchanged
53	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	3,470	$247.2k0.15%	0.15%	Added +10	+10 0.3%
54	AGNC INVT CORP COM AGNC	AGNC	21,906	$238.8k0.14%	0.14%	Added +4.7k	+4,684 27.2%
55	WILLIAMS COS INC COM WMB	WMB	3,211	$238.7k0.14%	0.14%	Added +9	+9 0.3%
56	DYNEX CAP INC COM DX	DX	17,298	$226.8k0.13%	0.13%	Added +4.5k	+4,526 35.4%
57	TEXAS INSTRS INC COM TXN	TXN	745	$222.2k0.13%	0.13%	New
58	OXFORD LANE CAP CORP COM OXLC	OXLC	25,253	$221.2k0.13%	0.13%	Added +1.5k	+1,531 6.5%
59	CAPITAL SOUTHWEST CORP COM CSWC	CSWC	8,750	$208.0k0.12%	0.12%	New
60	TRINITY CAP INC COM TRIN	TRIN	10,558	$188.9k0.11%	0.11%	Added +316	+316 3.1%
61	BLUE OWL CAPITAL CORPORATION COM OBDC	OBDC	10,345	$112.4k0.07%	0.07%	Added +329	+329 3.3%
62	TRUMP MEDIA & TECHNOLOGY GRO COM DJT	DJT	13,817	$106.9k0.06%	0.06%	Unchanged
63	BRIGHTSPIRE CAPITAL INC COM CL A BRSP	BRSP	18,240	$99.4k0.06%	0.06%	Added +3.0k	+3,040 20.0%
64	PATTERSON-UTI ENERGY INC COM PTEN	PTEN	10,089	$92.6k0.06%	0.06%	Reduced -6.9k	-6,881 -40.5%
65	BLACKROCK TCP CAPITAL CORP COM TCPC	TCPC	20,829	$70.0k0.04%	0.04%	Added +1.0k	+1,022 5.2%
66	PENNANTPARK INVT CORP COM PNNT	PNNT	10,327	$35.8k0.02%	0.02%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
OCCIDENTAL PETE CORP OXY	OXY	11,283	$733.4k11.3k shares
ALPHABET INC GOOGL	GOOGL	1,931	$555.3k1.9k shares
META PLATFORMS INC META	META	875	$500.6k875 shares
NETFLIX INC NFLX	NFLX	3,500	$336.5k3.5k shares
BERKSHIRE HATHAWAY INC DEL BRK.B	BRK.B	636	$304.8k636 shares
VERTIV HOLDINGS CO VRT	VRT	1,127	$282.4k1.1k shares
CROWDSTRIKE HLDGS INC CRWD	CRWD	701	$273.7k701 shares
AGNICO EAGLE MINES LTD AEM	AEM	1,300	$263.9k1.3k shares
TESLA INC TSLA	TSLA	675	$250.9k675 shares