Carroll Advisory Group, LLC

TEXARKANA, TX · CIK 2108684 · 13F filing filed 2026-07-23

SEC-registered investment adviser since 2025 · limited liability company

Assets managed$341.1m
Staff7 · 4 in investment roles
Main clients (by assets)High net worth individuals 81%, Individuals 15%, Insurers 2%
Websitecarrolladvisory.com
Form ADV · 2026-02-18SEC adviser record

$304.5m reported value +18.2% vs Q1 2026

73positions

61.0%in top 10

7 new 30 added 26 reduced 1 sold out vs Q1 2026

Options: 1 call positions ($84.1k notional), 0 put positions (— 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 S&P 500 ETF SHS VOO	VOO	41,700	$28.6m9.41%	9.41%	Added +2.9k	+2,871 7.4%
2	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	118,405	$25.2m8.27%	8.27%	Added +11.6k	+11,610 10.9%
3	ISHARES TR MSCI ACWI EXUS HAWX	HAWX	501,020	$23.3m7.65%	7.65%	Reduced -52.0k	-51,958 -9.4%
4	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	63,591	$19.3m6.33%	6.33%	Added +2.0k	+2,025 3.3%
5	ISHARES TR CORE S&P MCP ETF IJH	IJH	238,326	$18.4m6.04%	6.04%	Added +26.0k	+25,990 12.2%
6	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	300,371	$17.3m5.69%	5.69%	Added +36.9k	+36,875 14.0%
7	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	220,230	$15.7m5.15%	5.15%	Added +70.5k	+70,477 47.1%
8	PROSHARES TR S&P 500 DV ARIST NOBL	NOBL	275,925	$15.5m5.09%	5.09%	Added +41.8k	+41,843 17.9%
9	NVIDIA CORPORATION COM NVDA	NVDA	65,293	$13.1m4.29%	4.29%	Added +336	+336 0.5%
10	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	25,631	$9.5m3.12%	3.12%	Reduced -3.5k	-3,528 -12.1%
11	PROCTER AND GAMBLE CO COM PG	PG	56,399	$8.3m2.72%	2.72%	Reduced -30	-30 -0.1%
12	INVESCO EXCH TRD SLF IDX FD BULETSHS 2029 BSCT	BSCT	374,457	$7.0m2.28%	2.28%	Added +69.2k	+69,185 22.7%
13	INVESCO EXCH TRD SLF IDX FD INVSCO BLSH 28 BSCS	BSCS	335,272	$6.8m2.24%	2.24%	Added +59.1k	+59,115 21.4%
14	INVESCO EXCH TRD SLF IDX FD BULSHS 2027 CB BSCR	BSCR	338,675	$6.6m2.18%	2.18%	Added +57.5k	+57,470 20.4%
15	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	71,069	$6.2m2.05%	2.05%	Reduced -1.6k	-1,631 -2.2%
16	INVESCO EXCH TRD SLF IDX FD BULSHS 2026 CB BSCQ	BSCQ	303,898	$5.9m1.95%	1.95%	Reduced -4.8k	-4,801 -1.6%
17	INVESCO EXCH TRD SLF IDX FD INVSCO 30 CORP BSCU	BSCU	341,775	$5.7m1.87%	1.87%	Added +55.6k	+55,626 19.4%
18	INVESCO EXCH TRD SLF IDX FD BULETSHS 2031 CP BSCV	BSCV	249,394	$4.1m1.34%	1.34%	Added +35.2k	+35,154 16.4%
19	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	13,656	$3.8m1.26%	1.26%	Reduced -44	-44 -0.3%
20	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	63,963	$3.8m1.25%	1.25%	Added +23.2k	+23,205 56.9%
21	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	4,697	$3.5m1.14%	1.14%	Reduced -92	-92 -1.9%
22	INVESCO EXCH TRD SLF IDX FD BULLETSHS 2032 BSCW	BSCW	162,721	$3.3m1.10%	1.10%	Added +18.5k	+18,513 12.8%
23	INVESCO EXCH TRD SLF IDX FD BULLETSHARES BSCZ	BSCZ	160,756	$3.3m1.08%	1.08%	Added +14.1k	+14,110 9.6%
24	TESLA INC COM TSLA	TSLA	7,754	$3.3m1.07%	1.07%	Added +583	+583 8.1%
25	SPDR SERIES TRUST PORTFOLIO S&P400 SPMD	SPMD	46,616	$3.1m1.03%	1.03%	Added +13	+13 0.0%
26	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	35,972	$3.1m1.01%	1.01%	Reduced -4.6k	-4,630 -11.4%
27	VANGUARD SCOTTSDALE FDS VNG RUS1000IDX VONE	VONE	8,151	$2.8m0.91%	0.91%	Reduced -21	-21 -0.3%
28	INVESCO EXCH TRD SLF IDX FD INVESCO BULLETSH BSCX	BSCX	126,318	$2.7m0.87%	0.87%	Added +12.7k	+12,719 11.2%
29	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	31,294	$2.6m0.86%	0.86%	Reduced -160	-160 -0.5%
30	INVESCO EXCH TRD SLF IDX FD BULLETSHARES 203 BSCY	BSCY	123,009	$2.5m0.83%	0.83%	Added +7.7k	+7,732 6.7%
31	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	47,141	$2.4m0.78%	0.78%	Reduced -10.2k	-10,248 -17.9%
32	APPLE INC COM AAPL	AAPL	6,591	$1.9m0.63%	0.63%	Reduced -406	-406 -5.8%
33	VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF VT	VT	12,095	$1.9m0.62%	0.62%	Reduced -15.5k	-15,512 -56.2%
34	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	58,255	$1.8m0.61%	0.61%	Added +5.6k	+5,585 10.6%
35	ISHARES TR RUS MID CAP ETF IWR	IWR	16,133	$1.8m0.58%	0.58%	Reduced -300	-300 -1.8%
36	INVESCO EXCH TRADED FD TR II RUSEL 1000 EQL EQAL	EQAL	29,732	$1.8m0.58%	0.58%	Unchanged
37	SCHWAB STRATEGIC TR US SML CAP ETF SCHA	SCHA	41,448	$1.5m0.49%	0.49%	Reduced -872	-872 -2.1%
38	AMAZON COM INC COM AMZN	AMZN	5,887	$1.4m0.46%	0.46%	Reduced -111	-111 -1.9%
39	FIDELITY COMWLTH TR NASDAQ COMPSIT ONEQ	ONEQ	12,396	$1.3m0.42%	0.42%	Reduced -402	-402 -3.1%
40	MICROSOFT CORP COM MSFT	MSFT	2,563	$956.2k0.31%	0.31%	Reduced -42	-42 -1.6%
41	EXXON MOBIL CORP COM XOM	XOM	6,778	$926.7k0.30%	0.30%	Added +1	+1 0.0%
42	VANGUARD INDEX FDS SMALL CP ETF VB	VB	3,039	$921.3k0.30%	0.30%	Unchanged
43	GLACIER BANCORP INC NEW COM GBCI	GBCI	14,775	$762.1k0.25%	0.25%	Unchanged
44	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	27,447	$700.4k0.23%	0.23%	Reduced -18.8k	-18,769 -40.6%
45	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	8,064	$694.6k0.23%	0.23%	Unchanged
46	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	7,984	$586.1k0.19%	0.19%	Reduced -280	-280 -3.4%
47	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	2,347	$555.3k0.18%	0.18%	Added +348	+348 17.4%
48	VANGUARD SCOTTSDALE FDS SHORT TERM TREAS VGSH	VGSH	9,039	$526.1k0.17%	0.17%	Added +119	+119 1.3%
49	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	6,560	$518.4k0.17%	0.17%	Added +88	+88 1.4%
50	SCHWAB STRATEGIC TR US AGGREGATE B SCHZ	SCHZ	22,204	$513.6k0.17%	0.17%	Unchanged
51	SPDR INDEX SHS FDS PORTFOLIO EMG MK SPEM	SPEM	8,994	$465.7k0.15%	0.15%	Reduced -10	-10 -0.1%
52	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	2,746	$433.9k0.14%	0.14%	Added +553	+553 25.2%
53	VANGUARD INSTL INDEX FD 0-3 MO TREAS BIL VBIL	VBIL	5,615	$424.9k0.14%	0.14%	Added +692	+692 14.1%
54	SPDR SER TR PRTFLO S&P500 HI SPYD	SPYD	8,039	$383.5k0.13%	0.13%	Unchanged
55	AMERICAN ELEC PWR CO INC COM AEP	AEP	2,681	$366.8k0.12%	0.12%	Unchanged
56	SCHWAB STRATEGIC TR INTERNL DIVID SCHY	SCHY	10,552	$334.8k0.11%	0.11%	New
57	VANGUARD CHARLOTTE FDS TOTAL INT BD ETF BNDX	BNDX	6,577	$318.5k0.10%	0.10%	Unchanged
58	MICRON TECHNOLOGY INC COM MU	MU	273	$315.6k0.10%	0.10%	New
59	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	406	$303.2k0.10%	0.10%	Unchanged
60	GLOBAL X FDS GLOBX SUPDV US DIV	DIV	15,219	$289.9k0.10%	0.10%	Added +853	+853 5.9%
61	ALPHABET INC CAP STK CL C GOOG	GOOG	801	$283.1k0.09%	0.09%	Reduced -26	-26 -3.1%
62	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	2,304	$274.1k0.09%	0.09%	Added +1	+1 0.0%
63	ISHARES GOLD TR ISHARES NEW IAU	IAU	3,302	$249.3k0.08%	0.08%	New
64	INVESCO TR INVT GRADE MUNS COM VGM	VGM	23,329	$247.3k0.08%	0.08%	Added +684	+684 3.0%
65	MICROSTRATEGY INC CL A NEW MSTR	MSTR	2,840	$246.9k0.08%	0.08%	Reduced -598	-598 -17.4%
66	ALPHABET INC CAP STK CL A GOOGL	GOOGL	688	$246.0k0.08%	0.08%	Reduced -11	-11 -1.6%
67	ISHARES TR U.S. MED DVC ETF IHI	IHI	4,769	$235.7k0.08%	0.08%	Unchanged
68	COSTCO WHSL CORP NEW COM COST	COST	243	$227.2k0.07%	0.07%	Reduced -10	-10 -4.0%
69	WALMART INC COM WMT	WMT	2,001	$226.7k0.07%	0.07%	Reduced -20	-20 -1.0%
70	ALLSTATE CORP COM ALL	ALL	947	$225.3k0.07%	0.07%	New
71	VANGUARD ADMIRAL FDS INC 500 GRTH IDX F VOOG	VOOG	2,682	$221.6k0.07%	0.07%	New
72	ISHARES TR HDG MSCI EAFE HEFA	HEFA	4,626	$217.1k0.07%	0.07%	New
73	ISHARES TR RUS 1000 VAL ETF IWD	IWD	887	$215.0k0.07%	0.07%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ISHARES TR AGG	AGG	2,370	$235.3k2.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
TESLA INC TSLA · Call	TSLA	Call	600	$84.1k600 shares	Unchanged