Sovereign Investment Advisors, LLC Long-Term Concentrated

CIK: 0001908165 · Show all filings

Period: Q2 2025 (← Previous) (Next →)

Filing Date: Jul 21, 2025

Total Value ($000): $363,641 (100.0% shares, 0.0% debt)

Holdings (36)

IVV ISHARES TR 14.0%

Value ($000) $50,992 Shares 82,127 Est. Cost $380.13 Unrealized —

USMV ISHARES TR 13.3%

Value ($000) $48,313 Shares 514,675 Est. Cost $77.43 Unrealized —

VNLA JANUS DETROIT STR TR 9.2%

Value ($000) $33,525 Shares 681,397 Est. Cost $49.54 Unrealized —

BKGI BNY MELLON ETF TRUST 6.8%

Value ($000) $24,686 Shares 628,462 Est. Cost $34.95 Unrealized —

IEFA ISHARES TR 6.5%

Value ($000) $23,583 Shares 282,500 Est. Cost $68.94 Unrealized —

MPLX MPLX LP 5.3%

Value ($000) $19,262 Shares 373,955 Est. Cost $15.74 Unrealized —

JAAA JANUS DETROIT STR TR 5.0%

Value ($000) $18,340 Shares 361,372 Est. Cost $50.34 Unrealized —

BND VANGUARD BD INDEX FDS 3.7%

Value ($000) $13,451 Shares 182,685 Est. Cost $82.67 Unrealized —

WES WESTERN MIDSTREAM PARTNERS L 2.9%

Value ($000) $10,622 Shares 274,479 Est. Cost $8.00 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 2.8%

Value ($000) $10,307 Shares 332,382 Est. Cost $15.79 Unrealized —

SMTH ALPS ETF TR 2.7%

Value ($000) $9,966 Shares 385,533 Est. Cost $25.89 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 2.7%

Value ($000) $9,690 Shares 528,931 Est. Cost $5.98 Unrealized —

VTI VANGUARD INDEX FDS 2.6%

Value ($000) $9,403 Shares 30,937 Est. Cost $174.96 Unrealized —

OKE ONEOK INC NEW 2.2%

Value ($000) $7,824 Shares 95,849 Est. Cost $57.97 Unrealized +39.2%

VMBS VANGUARD SCOTTSDALE FDS 2.1%

Value ($000) $7,739 Shares 167,011 Est. Cost $52.50 Unrealized —

BIV VANGUARD BD INDEX FDS 2.1%

Value ($000) $7,702 Shares 99,588 Est. Cost $86.95 Unrealized —

AGG ISHARES TR 1.8%

Value ($000) $6,708 Shares 67,620 Est. Cost $111.20 Unrealized —

LVHD LEGG MASON ETF INVT 1.6%

Value ($000) $5,958 Shares 149,470 Est. Cost $34.48 Unrealized —

SPLV INVESCO EXCH TRADED FD TR II 1.5%

Value ($000) $5,374 Shares 73,800 Est. Cost $59.26 Unrealized —

SPY SPDR S&P 500 ETF TR 1.5%

Value ($000) $5,331 Shares 8,628 Est. Cost $617.85 Unrealized —

PSX PHILLIPS 66 1.4%

Value ($000) $5,026 Shares 42,129 Est. Cost $72.84 Unrealized +50.3%

IEMG ISHARES INC 1.3%

Value ($000) $4,710 Shares 78,464 Est. Cost $53.55 Unrealized —

JNK SPDR SERIES TRUST 1.3%

Value ($000) $4,590 Shares 47,190 Est. Cost $105.84 Unrealized —

BIL SPDR SERIES TRUST 1.2%

Value ($000) $4,470 Shares 48,728 Est. Cost $91.51 Unrealized —

VXUS VANGUARD STAR FDS 1.2%

Value ($000) $4,278 Shares 61,923 Est. Cost $58.16 Unrealized —

TRP TC ENERGY CORP 0.7%

Value ($000) $2,692 Shares 55,254 Est. Cost $34.41 Unrealized +40.8%

SUN SUNOCO LP/SUNOCO FIN CORP 0.6%

Value ($000) $2,332 Shares 43,522 Est. Cost $53.59 Unrealized —

IJT ISHARES TR 0.4%

Value ($000) $1,542 Shares 11,590 Est. Cost $188.59 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.4%

Value ($000) $1,384 Shares 27,983 Est. Cost $44.38 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.4%

Value ($000) $1,274 Shares 16,028 Est. Cost $76.50 Unrealized —

HYG ISHARES TR 0.2%

Value ($000) $783 Shares 9,709 Est. Cost $87.51 Unrealized —

EFAV ISHARES TR 0.1%

Value ($000) $456 Shares 5,430 Est. Cost $74.45 Unrealized —

DFAS DIMENSIONAL ETF TRUST 0.1%

Value ($000) $437 Shares 6,862 Est. Cost $63.71 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $394 Shares 715 Est. Cost $551.64 Unrealized —

SOBO SOUTH BOW CORP 0.1%

Value ($000) $286 Shares 11,049 Est. Cost $24.96 Unrealized 0.0%

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $208 Shares 1,143 Est. Cost $181.74 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	82,127	$50,992	14.0%	$380.13	—	CORE S&P500 ETF	464287200
USMV	ISHARES TR	514,675	$48,313	13.3%	$77.43	—	MSCI USA MIN VOL	46429B697
VNLA	JANUS DETROIT STR TR	681,397	$33,525	9.2%	$49.54	—	HENDRSN SHRT ETF	47103U886
BKGI	BNY MELLON ETF TRUST	628,462	$24,686	6.8%	$34.95	—	GLOBAL INFRASCTR	09661T826
IEFA	ISHARES TR	282,500	$23,583	6.5%	$68.94	—	CORE MSCI EAFE	46432F842
MPLX	MPLX LP	373,955	$19,262	5.3%	$15.74	—	COM UNIT REP LTD	55336V100
JAAA	JANUS DETROIT STR TR	361,372	$18,340	5.0%	$50.34	—	HENDRSON AAA CL	47103U845
BND	VANGUARD BD INDEX FDS	182,685	$13,451	3.7%	$82.67	—	TOTAL BND MRKT	921937835
WES	WESTERN MIDSTREAM PARTNERS L	274,479	$10,622	2.9%	$8.00	—	COM UNIT LP INT	958669103
EPD	ENTERPRISE PRODS PARTNERS L	332,382	$10,307	2.8%	$15.79	—	COM	293792107
SMTH	ALPS ETF TR	385,533	$9,966	2.7%	$25.89	—	SMITH CORE PLUS	00162Q346
PAA	PLAINS ALL AMERN PIPELINE L	528,931	$9,690	2.7%	$5.98	—	UNIT LTD PARTN	726503105
VTI	VANGUARD INDEX FDS	30,937	$9,403	2.6%	$174.96	—	TOTAL STK MKT	922908769
OKE	ONEOK INC NEW	95,849	$7,824	2.2%	$57.97	+39.2%	COM	682680103
VMBS	VANGUARD SCOTTSDALE FDS	167,011	$7,739	2.1%	$52.50	—	MTG-BKD SECS ETF	92206C771
BIV	VANGUARD BD INDEX FDS	99,588	$7,702	2.1%	$86.95	—	INTERMED TERM	921937819
AGG	ISHARES TR	67,620	$6,708	1.8%	$111.20	—	CORE US AGGBD ET	464287226
LVHD	LEGG MASON ETF INVT	149,470	$5,958	1.6%	$34.48	—	FRANKLIN US LOW	52468L406
SPLV	INVESCO EXCH TRADED FD TR II	73,800	$5,374	1.5%	$59.26	—	S&P500 LOW VOL	46138E354
SPY	SPDR S&P 500 ETF TR	8,628	$5,331	1.5%	$617.85	—	TR UNIT	78462F103
PSX	PHILLIPS 66	42,129	$5,026	1.4%	$72.84	+50.3%	COM	718546104
IEMG	ISHARES INC	78,464	$4,710	1.3%	$53.55	—	CORE MSCI EMKT	46434G103
JNK	SPDR SERIES TRUST	47,190	$4,590	1.3%	$105.84	—	BLOOMBERG HIGH Y	78468R622
BIL	SPDR SERIES TRUST	48,728	$4,470	1.2%	$91.51	—	BLOOMBERG 1-3 MO	78468R663
VXUS	VANGUARD STAR FDS	61,923	$4,278	1.2%	$58.16	—	VG TL INTL STK F	921909768
TRP	TC ENERGY CORP	55,254	$2,692	0.7%	$34.41	+40.8%	COM	87807B107
SUN	SUNOCO LP/SUNOCO FIN CORP	43,522	$2,332	0.6%	$53.59	—	COM UT REP LP	86765K109
IJT	ISHARES TR	11,590	$1,542	0.4%	$188.59	—	S&P SML 600 GWT	464287887
VWO	VANGUARD INTL EQUITY INDEX F	27,983	$1,384	0.4%	$44.38	—	FTSE EMR MKT ETF	922042858
VCSH	VANGUARD SCOTTSDALE FDS	16,028	$1,274	0.4%	$76.50	—	SHRT TRM CORP BD	92206C409
HYG	ISHARES TR	9,709	$783	0.2%	$87.51	—	IBOXX HI YD ETF	464288513
EFAV	ISHARES TR	5,430	$456	0.1%	$74.45	—	MSCI EAFE MIN VL	46429B689
DFAS	DIMENSIONAL ETF TRUST	6,862	$437	0.1%	$63.71	—	US SMALL CAP ETF	25434V500
QQQ	INVESCO QQQ TR	715	$394	0.1%	$551.64	—	UNIT SER 1	46090E103
SOBO	SOUTH BOW CORP	11,049	$286	0.1%	$24.96	0.0%	COM	83671M105
RSP	INVESCO EXCHANGE TRADED FD T	1,143	$208	0.1%	$181.74	—	S&P500 EQL WGT	46137V357