Sovereign Investment Advisors, LLC Long-Term Concentrated

CIK: 0001908165 · Show all filings

Period: Q3 2025 (← Previous) (Next →)

Filing Date: Oct 24, 2025

Total Value ($000): $366,550 (100.0% shares, 0.0% debt)

Holdings (35)

IVV ISHARES TR 15.0%

Value ($000) $55,132 Shares 82,372 Est. Cost $380.13 Unrealized —

USMV ISHARES TR 11.7%

Value ($000) $42,819 Shares 450,059 Est. Cost $77.43 Unrealized —

VNLA JANUS DETROIT STR TR 8.6%

Value ($000) $31,446 Shares 637,971 Est. Cost $49.54 Unrealized —

IEFA ISHARES TR 6.7%

Value ($000) $24,665 Shares 282,500 Est. Cost $68.94 Unrealized —

BKGI BNY MELLON ETF TRUST 6.7%

Value ($000) $24,469 Shares 628,462 Est. Cost $34.95 Unrealized —

MPLX MPLX LP 5.1%

Value ($000) $18,679 Shares 373,955 Est. Cost $15.74 Unrealized —

JAAA JANUS DETROIT STR TR 5.0%

Value ($000) $18,440 Shares 363,144 Est. Cost $50.34 Unrealized —

SPY SPDR S&P 500 ETF TR 3.9%

Value ($000) $14,413 Shares 21,636 Est. Cost $646.91 Unrealized —

BND VANGUARD BD INDEX FDS 3.2%

Value ($000) $11,757 Shares 158,085 Est. Cost $82.67 Unrealized —

WES WESTERN MIDSTREAM PARTNERS L 2.9%

Value ($000) $10,784 Shares 274,479 Est. Cost $8.00 Unrealized —

EPD ENTERPRISE PRODS PARTNERS L 2.8%

Value ($000) $10,394 Shares 332,382 Est. Cost $15.79 Unrealized —

VTI VANGUARD INDEX FDS 2.8%

Value ($000) $10,191 Shares 31,055 Est. Cost $174.96 Unrealized —

SMTH ALPS ETF TR 2.8%

Value ($000) $10,086 Shares 385,533 Est. Cost $25.89 Unrealized —

PAA PLAINS ALL AMERN PIPELINE L 2.5%

Value ($000) $9,024 Shares 528,931 Est. Cost $5.98 Unrealized —

VMBS VANGUARD SCOTTSDALE FDS 2.2%

Value ($000) $7,926 Shares 168,787 Est. Cost $52.44 Unrealized —

OKE ONEOK INC NEW 1.9%

Value ($000) $6,994 Shares 95,849 Est. Cost $57.97 Unrealized +29.5%

AGG ISHARES TR 1.9%

Value ($000) $6,845 Shares 68,284 Est. Cost $111.20 Unrealized —

BIV VANGUARD BD INDEX FDS 1.8%

Value ($000) $6,603 Shares 84,554 Est. Cost $86.95 Unrealized —

LVHD LEGG MASON ETF INVT 1.7%

Value ($000) $6,229 Shares 150,686 Est. Cost $34.48 Unrealized —

PSX PHILLIPS 66 1.6%

Value ($000) $5,730 Shares 42,129 Est. Cost $72.84 Unrealized +73.5%

IEMG ISHARES INC 1.4%

Value ($000) $5,172 Shares 78,464 Est. Cost $53.55 Unrealized —

JNK SPDR SERIES TRUST 1.3%

Value ($000) $4,701 Shares 47,976 Est. Cost $105.71 Unrealized —

BIL SPDR SERIES TRUST 1.2%

Value ($000) $4,517 Shares 49,235 Est. Cost $91.51 Unrealized —

VXUS VANGUARD STAR FDS 1.2%

Value ($000) $4,362 Shares 59,382 Est. Cost $58.16 Unrealized —

SPLV INVESCO EXCH TRADED FD TR II 1.0%

Value ($000) $3,587 Shares 48,811 Est. Cost $59.26 Unrealized —

TRP TC ENERGY CORP 0.8%

Value ($000) $3,005 Shares 55,254 Est. Cost $34.41 Unrealized +45.9%

SUN SUNOCO LP/SUNOCO FIN CORP 0.6%

Value ($000) $2,177 Shares 43,522 Est. Cost $53.59 Unrealized —

IJT ISHARES TR 0.4%

Value ($000) $1,644 Shares 11,615 Est. Cost $188.59 Unrealized —

VWO VANGUARD INTL EQUITY INDEX F 0.4%

Value ($000) $1,524 Shares 28,128 Est. Cost $44.38 Unrealized —

VCSH VANGUARD SCOTTSDALE FDS 0.3%

Value ($000) $1,281 Shares 16,028 Est. Cost $76.50 Unrealized —

HYG ISHARES TR 0.1%

Value ($000) $513 Shares 6,324 Est. Cost $87.51 Unrealized —

DFAS DIMENSIONAL ETF TRUST 0.1%

Value ($000) $470 Shares 6,862 Est. Cost $63.71 Unrealized —

QQQ INVESCO QQQ TR 0.1%

Value ($000) $440 Shares 733 Est. Cost $552.84 Unrealized —

SOBO SOUTH BOW CORP 0.1%

Value ($000) $313 Shares 11,049 Est. Cost $24.96 Unrealized +8.9%

RSP INVESCO EXCHANGE TRADED FD T 0.1%

Value ($000) $217 Shares 1,143 Est. Cost $181.74 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	82,372	$55,132	15.0%	$380.13	—	CORE S&P500 ETF	464287200
USMV	ISHARES TR	450,059	$42,819	11.7%	$77.43	—	MSCI USA MIN VOL	46429B697
VNLA	JANUS DETROIT STR TR	637,971	$31,446	8.6%	$49.54	—	HENDRSN SHRT ETF	47103U886
IEFA	ISHARES TR	282,500	$24,665	6.7%	$68.94	—	CORE MSCI EAFE	46432F842
BKGI	BNY MELLON ETF TRUST	628,462	$24,469	6.7%	$34.95	—	GLOBAL INFRASCTR	09661T826
MPLX	MPLX LP	373,955	$18,679	5.1%	$15.74	—	COM UNIT REP LTD	55336V100
JAAA	JANUS DETROIT STR TR	363,144	$18,440	5.0%	$50.34	—	HENDRSON AAA CL	47103U845
SPY	SPDR S&P 500 ETF TR	21,636	$14,413	3.9%	$646.91	—	TR UNIT	78462F103
BND	VANGUARD BD INDEX FDS	158,085	$11,757	3.2%	$82.67	—	TOTAL BND MRKT	921937835
WES	WESTERN MIDSTREAM PARTNERS L	274,479	$10,784	2.9%	$8.00	—	COM UNIT LP INT	958669103
EPD	ENTERPRISE PRODS PARTNERS L	332,382	$10,394	2.8%	$15.79	—	COM	293792107
VTI	VANGUARD INDEX FDS	31,055	$10,191	2.8%	$174.96	—	TOTAL STK MKT	922908769
SMTH	ALPS ETF TR	385,533	$10,086	2.8%	$25.89	—	SMITH CORE PLUS	00162Q346
PAA	PLAINS ALL AMERN PIPELINE L	528,931	$9,024	2.5%	$5.98	—	UNIT LTD PARTN	726503105
VMBS	VANGUARD SCOTTSDALE FDS	168,787	$7,926	2.2%	$52.44	—	MTG-BKD SECS ETF	92206C771
OKE	ONEOK INC NEW	95,849	$6,994	1.9%	$57.97	+29.5%	COM	682680103
AGG	ISHARES TR	68,284	$6,845	1.9%	$111.20	—	CORE US AGGBD ET	464287226
BIV	VANGUARD BD INDEX FDS	84,554	$6,603	1.8%	$86.95	—	INTERMED TERM	921937819
LVHD	LEGG MASON ETF INVT	150,686	$6,229	1.7%	$34.48	—	FRANKLIN US LOW	52468L406
PSX	PHILLIPS 66	42,129	$5,730	1.6%	$72.84	+73.5%	COM	718546104
IEMG	ISHARES INC	78,464	$5,172	1.4%	$53.55	—	CORE MSCI EMKT	46434G103
JNK	SPDR SERIES TRUST	47,976	$4,701	1.3%	$105.71	—	BLOOMBERG HIGH Y	78468R622
BIL	SPDR SERIES TRUST	49,235	$4,517	1.2%	$91.51	—	BLOOMBERG 1-3 MO	78468R663
VXUS	VANGUARD STAR FDS	59,382	$4,362	1.2%	$58.16	—	VG TL INTL STK F	921909768
SPLV	INVESCO EXCH TRADED FD TR II	48,811	$3,587	1.0%	$59.26	—	S&P500 LOW VOL	46138E354
TRP	TC ENERGY CORP	55,254	$3,005	0.8%	$34.41	+45.9%	COM	87807B107
SUN	SUNOCO LP/SUNOCO FIN CORP	43,522	$2,177	0.6%	$53.59	—	COM UT REP LP	86765K109
IJT	ISHARES TR	11,615	$1,644	0.4%	$188.59	—	S&P SML 600 GWT	464287887
VWO	VANGUARD INTL EQUITY INDEX F	28,128	$1,524	0.4%	$44.38	—	FTSE EMR MKT ETF	922042858
VCSH	VANGUARD SCOTTSDALE FDS	16,028	$1,281	0.3%	$76.50	—	SHRT TRM CORP BD	92206C409
HYG	ISHARES TR	6,324	$513	0.1%	$87.51	—	IBOXX HI YD ETF	464288513
DFAS	DIMENSIONAL ETF TRUST	6,862	$470	0.1%	$63.71	—	US SMALL CAP ETF	25434V500
QQQ	INVESCO QQQ TR	733	$440	0.1%	$552.84	—	UNIT SER 1	46090E103
SOBO	SOUTH BOW CORP	11,049	$313	0.1%	$24.96	+8.9%	COM	83671M105
RSP	INVESCO EXCHANGE TRADED FD T	1,143	$217	0.1%	$181.74	—	S&P500 EQL WGT	46137V357