DOSSIER · 13F-HR · Q1 2026

Garrett Wealth Advisory Group, LLC

$562M in tracked AUM across 134 positions as of Q1 2026.

GW
CIK 0001729443 · last filed Mar 31, 2026
Total AUM
$562M
as of Q1 2026
Holdings
134
positions
Whale Score
62
62
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026

Garrett Wealth Advisory Group LLC publishes a $562M, 134-name 13F whose defining structural feature is an extreme single-name commitment: Energy Transfer LP (ET, 18.8%, $105.7M) occupies nearly one-fifth of the entire portfolio, a weight that signals either a long-term energy-infrastructure thesis, a midstream MLP conviction, or possibly a legacy position grown through distributions that the manager has chosen not to trim. ET is a master-limited partnership operating natural gas and liquids pipelines, gathering systems, and processing facilities across the U.S. — a business with regulated-return characteristics, long-life assets, and direct exposure to U.S. LNG export growth and domestic production growth. Around that anchor, the portfolio layers dividend-and-growth ETF vehicles — WisdomTree EPS (9.1%), John Hancock Multifactor Medium (6.7%), SPDR Mid-Cap Growth (PRF, 6.7%), plus Capital Group New Geopolitical (CGNG, 3.4%) and JPMorgan Equity Long/Short (HELO, 3.3%) — providing factor diversification and equity-beta management. With whaleScore of 62.0 and the single largest energy-and-midstream position in this batch at 18.8%, this is an active energy-infrastructure allocator that warrants smart-money attention for its ET concentration.

The ETF sleeve (EPS, JHMM, PRF, HELO, CGNG, plus SPYG at 7.1%) provides factor diversification and equity-beta management. The SPYG (S&P 500 Growth) and PRF (Invesco Fundamental) overlay suggests the manager wants core U.S. equity exposure outside the ET position. The single-stock residual (AAPL 2.8%, XOM 1.4%) adds mega-cap quality and integrated-energy diversification.

Classification: CIK 0001729443. 134 holdings. Active_manager with energy-midstream focus.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
ET
ENERGY TRANSFER L P
$106M5.5M18.8%
02
EPS
WISDOMTREE TR
$51M750K9.1%
03
SPYG
SPDR SERIES TRUST
$40M408K7.1%
04
PRF
INVESCO EXCHANGE TRADED FD T
$38M796K6.7%
05
JHMM
JOHN HANCOCK EXCHANGE TRADED
$38M563K6.7%
06
SPDW
SPDR INDEX SHS FDS
$36M793K6.4%
07
SPSM
SPDR SERIES TRUST
$22M457K3.9%
08
CGNG
CAPITAL GROUP NEW GEOGRAPHY
$19M602K3.4%
09
HELO
J P MORGAN EXCHANGE TRADED F
$19M292K3.3%
10
AAPL
APPLE INC
$16M63K2.8%

Filing history

2026Q1Mar 31
$562M 6.3%
134 positionsView →
2025Q4Dec 31
$529M 3.1%
119 positionsView →
2025Q3Sep 30
$513M 8.6%
119 positionsView →
2025Q2Jun 30
$473M 5.7%
114 positionsLocked
2025Q1Mar 31
$447M 1.7%
112 positionsLocked
2024Q4Dec 31
$440M 8.6%
99 positionsLocked
2024Q3Sep 30
$405M 48.5%
99 positionsLocked
2024Q2Jun 30
$273M 11.6%
84 positionsLocked
2024Q1Mar 31
$244M 1.8%
63 positionsLocked
2023Q4Dec 31
$240M 9.2%
60 positionsLocked
2023Q3Sep 30
$220M 2.5%
56 positionsLocked
2023Q2Jun 30
$225M 10.0%
55 positionsLocked
Showing 12 of 30