ALPHA CAPITAL ADVISORS INC /ADV

Alpha Capital Advisors’ $105M 13F filing is one of the most purely model-driven portfolios in the dataset: 31 of 32 line items are ETFs, and the only common stock is Apple at $2.2M. The fund’s strategy reads like a factor-tilted target-risk wrapper—S&P 500 growth and value sleeves (SPYG 15.7%, SPYV 12.6%), minimum-volatility and enhanced-value factors (USMV 8.7%, EFAV 7.4%), a fixed-income anchor (CGCP 7%), broad-market core (VTI 5.9%, IVW 5.7%, IWM 5%, IJH 3.4%), dividend and small-cap overlays (SCHD 4.6%, SCHG 2.6%, SPSM 2%), international equity (VEU 2.3%), and ESG tilts (ESGU 0.5%). Quarter-over-quarter activity was minimal: the fund exited its $274K iShares Bitcoin Trust position entirely, sold no other securities, and made only token share adjustments across the ETF lineup. The QQQ and IVW growth sleeves were trimmed by roughly 2% each, while SPYG, EFAV, and VTI saw tiny increases. The portfolio’s structure suggests an advisor either running a single unified model for multiple client accounts or managing a very small pool of pooled assets through institutional share classes. The lack of individual-stock conviction beyond Apple, combined with the absence of any new position initiation, indicates this is a set-and-monitor mandate rather than an active allocation strategy.