Royal Palms Capital LLC

WHITEFISH, MT · CIK 2107886 · 13F filing filed 2026-08-07

SEC-registered investment adviser since 2025 · limited liability company

Assets managed$124.2m
Staff1 · 1 in investment roles
Main clients (by assets)High net worth individuals 87%, Individuals 13%
Websiteroyalpalmscapital.com
Form ADV · 2026-06-29SEC adviser record

$113.7m reported value +12.6% vs Q1 2026

57positions

43.1%in top 10

7 new 21 added 18 reduced 0 sold out vs Q1 2026

This report includes the holdings of 3 other managers that share the investment decisions:

Brandes – no 13F of its own this quarter
Invesco – no 13F of its own this quarter
Schafer Cullen – no 13F of its own this quarter

Shares in two reports are counted once in each security's totals.

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	CORNING INC COM GLW	GLW	28,767	$7.3m6.46%	6.46%	Reduced -8.4k	-8,354 -22.5%
2	VIATRIS INC COM VTRS	VTRS	430,675	$6.8m6.01%	6.01%	Added +129.2k	+129,193 42.9%
3	KINDER MORGAN INC DEL COM KMI	KMI	157,020	$5.0m4.41%	4.41%	Added +21.7k	+21,744 16.1%
4	GLOBAL SHIP LEASE INC NEW COM CL A GSL	GSL	123,530	$4.6m4.08%	4.08%	Added +4.2k	+4,190 3.5%
5	ENBRIDGE INC COM ENB	ENB	85,014	$4.6m4.05%	4.05%	Added +18.9k	+18,894 28.6%
6	ABBVIE INC COM ABBV	ABBV	17,806	$4.5m3.94%	3.94%	Added +72	+72 0.4%
7	REGIONS FINANCIAL CORP NEW COM RF	RF	146,032	$4.4m3.88%	3.88%	Reduced -740	-740 -0.5%
8	TEXAS INSTRS INC COM TXN	TXN	13,528	$4.0m3.55%	3.55%	Reduced -1.8k	-1,782 -11.6%
9	SMITHFIELD FOODS INC COM SFD	SFD	157,648	$3.8m3.36%	3.36%	Added +44.8k	+44,828 39.7%
10	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	13,459	$3.8m3.33%	3.33%	Reduced -12	-12 -0.1%
11	EXXON MOBIL CORP COM XOM	XOM	27,497	$3.8m3.31%	3.31%	Added +1.4k	+1,394 5.3%
12	NEWMONT CORP COM NEM	NEM	40,112	$3.7m3.29%	3.29%	Reduced -1.5k	-1,467 -3.5%
13	AFLAC INC COM AFL	AFL	29,183	$3.4m3.01%	3.01%	Added +2.1k	+2,146 7.9%
14	ABB LTD SPONSORED ADR ABBNY	ABBNY	31,333	$3.4m3.00%	3.00%	Reduced -11.0k	-10,984 -26.0%
15	FREEPORT-MCMORAN INC CL B FCX	FCX	53,090	$3.3m2.94%	2.94%	Added +24.6k	+24,602 86.4%
16	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	87,490	$3.2m2.83%	2.83%	Reduced -100	-100 -0.1%
17	OLIN CORP COM PAR $1 OLN	OLN	156,798	$3.1m2.73%	2.73%	New
18	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	156,820	$3.0m2.64%	2.64%	Reduced -575	-575 -0.4%
19	VALERO ENERGY CORP COM VLO	VLO	11,434	$3.0m2.62%	2.62%	Added +560	+560 5.2%
20	SCHWAB CHARLES CORP COM SCHW	SCHW	31,257	$2.9m2.54%	2.54%	Added +3.2k	+3,223 11.5%
21	TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS SPONSORED ADS		82,550	$2.8m2.46%	2.46%	Reduced -6.2k	-6,240 -7.0%
22	PPL CORP COM PPL	PPL	74,997	$2.7m2.40%	2.40%	Added +2.4k	+2,407 3.3%
23	DESWELL INDS INC COM DSWL	DSWL	641,110	$2.5m2.20%	2.20%	Reduced -907	-907 -0.1%
24	LLOYDS BANKING GROUP PLC SPONSORED ADR LYG	LYG	374,661	$2.2m1.92%	1.92%	Reduced -1.0k	-1,000 -0.3%
25	ISHARES SILVER TR ISHARES SLV	SLV	37,368	$2.0m1.76%	1.76%	Reduced -399	-399 -1.1%
26	CHEVRON CORP NEW COM CVX	CVX	11,994	$2.0m1.75%	1.75%	Reduced -115	-115 -0.9%
27	UNILEVER PLC SPON ADR NEW UL	UL	32,992	$2.0m1.74%	1.74%	Reduced -6.4k	-6,367 -16.2%
28	CITIZENS FINL GROUP INC COM CFG	CFG	27,082	$1.9m1.67%	1.67%	Added +1.5k	+1,467 5.7%
29	INTEL CORP COM INTC	INTC	13,246	$1.8m1.63%	1.63%	Reduced -108.4k	-108,381 -89.1%
30	PAN AMERN SILVER CORP COM PAAS	PAAS	35,835	$1.6m1.41%	1.41%	Unchanged
31	ALTRIA GROUP INC COM MO	MO	15,181	$1.1m0.96%	0.96%	Reduced -173	-173 -1.1%
32	SPDR GOLD TR GOLD SHS GLD	GLD	2,892	$1.1m0.94%	0.94%	Added +37	+37 1.3%
33	PROCTER AND GAMBLE CO COM PG	PG	5,426	$795.7k0.70%	0.70%	Added +46	+46 0.9%
34	BARRICK MNG CORP COM SHS B	B	21,590	$793.0k0.70%	0.70%	New
35	MERCK & CO INC COM MRK	MRK	5,158	$662.8k0.58%	0.58%	Added +28	+28 0.6%
36	MICROSOFT CORP COM MSFT	MSFT	1,732	$646.1k0.57%	0.57%	Added +14	+14 0.8%
37	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	5,400	$630.0k0.55%	0.55%	New
38	TESLA INC COM TSLA	TSLA	1,340	$563.6k0.50%	0.50%	Unchanged
39	ALPS ETF TR OSHARES US SMLCP OUSM	OUSM	10,830	$514.6k0.45%	0.45%	Added +1.6k	+1,550 16.7%
40	GE AEROSPACE COM NEW GE	GE	1,137	$424.9k0.37%	0.37%	Reduced -104	-104 -8.4%
41	COSTCO WHSL CORP NEW COM COST	COST	413	$386.5k0.34%	0.34%	Unchanged
42	RADNET INC COM RDNT	RDNT	6,000	$370.0k0.33%	0.33%	Reduced -4.0k	-4,000 -40.0%
43	GE VERNOVA INC COM GEV	GEV	299	$351.3k0.31%	0.31%	Unchanged
44	HOME DEPOT INC COM HD	HD	825	$291.0k0.26%	0.26%	Unchanged
45	AMGEN INC COM AMGN	AMGN	792	$286.8k0.25%	0.25%	Unchanged
46	US BANCORP DEL COM NEW USB	USB	4,500	$271.8k0.24%	0.24%	Added +25	+25 0.6%
47	SIFCO INDS INC COM SIF	SIF	8,700	$203.6k0.18%	0.18%	New
48	REALLOYS INC COM ALOY	ALOY	14,000	$202.3k0.18%	0.18%	New
49	UNITED STATES ANTIMONY CORP COM UAMY	UAMY	24,700	$179.3k0.16%	0.16%	Unchanged
50	LIGHTPATH TECHNOLOGIES INC COM CL A LPTH	LPTH	10,000	$163.5k0.14%	0.14%	New
51	AMERICAS GOLD AND SILVER COR COM NEW USAS	USAS	33,500	$158.1k0.14%	0.14%	Added +600	+600 1.8%
52	GOLD ROYALTY CORP COMMON SHARES GROY	GROY	41,500	$114.5k0.10%	0.10%	Added +25.5k	+25,500 159.4%
53	INNVENTURE INC COM INV	INV	10,000	$50.7k0.04%	0.04%	New
54	WILTON RES INC F FGC WLTNF	WLTNF	137,000	$45.8k0.04%	0.04%	Unchanged
55	B2GOLD CORP COM BTG	BTG	10,000	$37.4k0.03%	0.03%	Unchanged
56	UR-ENERGY INC COM URG	URG	20,000	$27.2k0.02%	0.02%	Unchanged
57	BUDWEISER BREWING COM BDWBF	BDWBF	12,091	$9.4k0.01%	0.01%	Unchanged