Rahlfs Capital, LLC

13F filer · CIK 0002056410

Reported Jul 28, 2026

Net seller this quarter

13F portfolio value$136MU.S. long equity reported on 13F

Positions713 new · 5 closed

Net flow last quarter-$3.1MBuys minus sells

Top 10 positions weight40.0%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 28, 202671 positions
AAPLApple Inc.	$10.7M	7.87%	0.00%	+0.3%	Q4 2024
BRK.BBerkshire Hathaway Inc	$7.5M	5.51%	Not reported	Not reported	Q4 2024
GOOGLAlphabet Inc.	$7.19M	5.28%	0.00%	+9.1%	Q4 2024
WMTWalmart Inc.	$5.32M	3.91%	0.00%	Not reported	Q4 2024
MSFTMicrosoft Corp	$5.13M	3.77%	0.00%	-1.4%	Q4 2024
INTCIntel Corp	$5.13M	3.77%	0.00%	Not reported	Q4 2024
XOMExxonMobil Holdings Corp	$4.94M	3.63%	0.00%	Not reported	Q4 2024
TXNTexas Instruments Inc	$3.45M	2.53%	0.00%	-3.3%	Q4 2024
SOSouthern Co	$2.67M	1.96%	0.00%	Not reported	Q4 2024
AMZNAmazon Com Inc	$2.37M	1.74%	0.00%	+4.1%	Q4 2024
MCDMcdonalds Corp	$2.33M	1.71%	0.00%	-6.0%	Q4 2024
NVDANvidia Corp	$2.26M	1.66%	0.00%	Not reported	Q4 2024
NEMNEWMONT Corp	$2.2M	1.62%	0.00%	Not reported	Q4 2024
JNJJohnson & Johnson	$2.18M	1.60%	0.00%	Not reported	Q4 2024
VZVerizon Communications Inc	$2.15M	1.58%	0.00%	Not reported	Q4 2024
METAMeta Platforms, Inc.	$1.98M	1.46%	Not reported	Not reported	Q2 2025
EBAYEbay Inc	$1.96M	1.44%	0.00%	+12.4%	Q4 2024
TKOTKO Group Holdings, Inc.	$1.93M	1.42%	Not reported	-1.5%	Q4 2024
APAAPA Corp	$1.91M	1.40%	0.02%	Not reported	Q3 2025
DUKDuke Energy CORP	$1.9M	1.39%	0.00%	Not reported	Q4 2024
EOGEog Resources Inc	$1.71M	1.25%	0.00%	+7.1%	Q4 2024
ADMArcher-Daniels-Midland Co	$1.59M	1.17%	0.00%	Not reported	Q4 2024
ABBVAbbVie Inc.	$1.48M	1.09%	0.00%	-7.8%	Q4 2024
PEPPepsico Inc	$1.44M	1.06%	0.00%	Not reported	Q4 2024
PMPhilip Morris International Inc.	$1.42M	1.04%	0.00%	Not reported	Q4 2024
BSMBlack Stone Minerals, L.P.	$1.4M	1.03%	Not reported	Not reported	Q4 2024
CVXChevron Corp	$1.34M	0.98%	0.00%	Not reported	Q4 2024
ORCLOracle Corp	$1.21M	0.89%	0.00%	Not reported	Q4 2024
BMYBristol Myers Squibb Co	$1.14M	0.84%	0.00%	Not reported	Q4 2024
ETEnergy Transfer LP	$1.11M	0.82%	0.00%	Not reported	Q1 2026
TGTTarget Corp	$1.01M	0.74%	0.00%	Not reported	Q4 2024
SLViShares Silver Trust	$913K	0.67%	0.00%	+4.6%	Q4 2024
PFEPfizer Inc	$907K	0.67%	0.00%	Not reported	Q4 2024
SBRSabine Royalty Trust	$877K	0.64%	Not reported	Not reported	Q4 2024
MOAltria Group, Inc.	$834K	0.61%	0.00%	Not reported	Q4 2024
GPCGenuine Parts Co	$823K	0.60%	0.01%	Not reported	Q4 2024
DDominion Energy, Inc	$823K	0.60%	0.00%	Not reported	Q2 2025
KOCoca Cola Co	$768K	0.56%	0.00%	Not reported	Q4 2024
CRKComstock Resources Inc	$729K	0.54%	0.02%	-1.0%	Q4 2025
GSGoldman Sachs Group Inc	$708K	0.52%	0.00%	Not reported	Q4 2024
UBERUber Technologies, Inc	$707K	0.52%	0.00%	Not reported	Q4 2024
FWONKLiberty Media Corp	$695K	0.51%	Not reported	-9.9%	Q4 2024
MRKMerck & Co., Inc.	$684K	0.50%	0.00%	Not reported	Q4 2024
ABTAbbott Laboratories	$650K	0.48%	0.00%	-14.1%	Q4 2024
SPYSPDR S&P 500 ETF Trust	$635K	0.47%	Not reported	Not reported	Q4 2024
CVSCVS HEALTH Corp	$613K	0.45%	0.00%	Not reported	Q4 2024
CPNGCoupang, Inc.	$600K	0.44%	Not reported	+1.5%	Q1 2025
WMBWilliams Companies, Inc.	$578K	0.42%	0.00%	Not reported	Q2 2025
COSTCostco Wholesale Corp	$505K	0.37%	0.00%	Not reported	Q4 2024
CSCOCisco Systems, Inc.	$493K	0.36%	0.00%	Not reported	Q4 2024

Q1 2026Reported May 11, 202673 positions
AAPLApple Inc.	$9.37M	6.88%	0.00%	Not reported	Q4 2024
BRK.BBerkshire Hathaway Inc	$7.18M	5.28%	Not reported	-0.3%	Q4 2024
XOMExxonMobil Holdings Corp	$6.13M	4.50%	0.00%	-0.1%	Q4 2024
WMTWalmart Inc.	$5.84M	4.29%	0.00%	-0.3%	Q4 2024
GOOGLAlphabet Inc.	$5.3M	3.90%	0.00%	-0.9%	Q4 2024
MSFTMicrosoft Corp	$5.17M	3.80%	0.00%	-0.5%	Q4 2024
MCDMcdonalds Corp	$2.85M	2.09%	0.00%	-0.5%	Q4 2024
SOSouthern Co	$2.69M	1.98%	0.00%	Not reported	Q4 2024
VZVerizon Communications Inc	$2.55M	1.88%	0.00%	-0.7%	Q4 2024
NEMNEWMONT Corp	$2.55M	1.88%	0.00%	-0.5%	Q4 2024
APAAPA Corp	$2.49M	1.83%	0.02%	Not reported	Q3 2025
TXNTexas Instruments Inc	$2.32M	1.71%	0.00%	Not reported	Q4 2024
JNJJohnson & Johnson	$2.1M	1.54%	0.00%	-3.4%	Q4 2024
AMZNAmazon Com Inc	$1.99M	1.46%	0.00%	Not reported	Q4 2024
NVDANvidia Corp	$1.97M	1.44%	0.00%	Not reported	Q4 2024
TKOTKO Group Holdings, Inc.	$1.97M	1.44%	Not reported	Not reported	Q4 2024
DUKDuke Energy CORP	$1.96M	1.44%	0.00%	Not reported	Q4 2024
EOGEog Resources Inc	$1.78M	1.30%	0.00%	+83.6%	Q4 2024
CVXChevron Corp	$1.67M	1.23%	0.00%	Not reported	Q4 2024
PEPPepsico Inc	$1.66M	1.22%	0.00%	Not reported	Q4 2024
INTCIntel Corp	$1.62M	1.19%	0.00%	+17.3%	Q4 2024
BSMBlack Stone Minerals, L.P.	$1.51M	1.11%	Not reported	Not reported	Q4 2024
ADMArcher-Daniels-Midland Co	$1.51M	1.11%	0.00%	+136.3%	Q4 2024
TSLATesla, Inc.	$1.46M	1.08%	0.00%	-0.5%	Q4 2024
EBAYEbay Inc	$1.42M	1.04%	0.00%	Not reported	Q4 2024
AMDAdvanced Micro Devices Inc	$1.39M	1.02%	0.00%	+58.4%	Q2 2025
ABBVAbbVie Inc.	$1.39M	1.02%	0.00%	-7.9%	Q4 2024
PMPhilip Morris International Inc.	$1.29M	0.95%	0.00%	Not reported	Q4 2024
ORCLOracle Corp	$1.21M	0.89%	0.00%	Not reported	Q4 2024
BMYBristol Myers Squibb Co	$1.2M	0.88%	0.00%	-0.6%	Q4 2024
ETEnergy Transfer LP	$1.12M	0.83%	0.00%	New	Q1 2026
SLViShares Silver Trust	$1.11M	0.82%	0.00%	-49.8%	Q4 2024
PFEPfizer Inc	$1.06M	0.78%	0.00%	Not reported	Q4 2024
CRKComstock Resources Inc	$1.04M	0.76%	0.02%	Not reported	Q4 2025
TGTTarget Corp	$933K	0.69%	0.00%	Not reported	Q4 2024
SBRSabine Royalty Trust	$901K	0.66%	Not reported	Not reported	Q4 2024
ABTAbbott Laboratories	$856K	0.63%	0.00%	Not reported	Q4 2024
MOAltria Group, Inc.	$765K	0.56%	0.00%	Not reported	Q4 2024
DDominion Energy, Inc	$745K	0.55%	0.00%	Not reported	Q2 2025
GPCGenuine Parts Co	$738K	0.54%	0.01%	-2.6%	Q4 2024
KOCoca Cola Co	$719K	0.53%	0.00%	Not reported	Q4 2024
UBERUber Technologies, Inc	$705K	0.52%	0.00%	-2.0%	Q4 2024
FWONKLiberty Media Corp	$689K	0.51%	Not reported	Not reported	Q4 2024
CPNGCoupang, Inc.	$642K	0.47%	Not reported	-2.4%	Q1 2025
MRKMerck & Co., Inc.	$641K	0.47%	0.00%	Not reported	Q4 2024
FBTCFidelity Wise Origin Bitcoin Fund	$605K	0.44%	0.00%	Not reported	Q4 2024
GSGoldman Sachs Group Inc	$592K	0.44%	0.00%	Not reported	Q4 2024
DVNDevon Energy Corp	$575K	0.42%	0.00%	Not reported	Q2 2025
WMBWilliams Companies, Inc.	$566K	0.42%	0.00%	Not reported	Q2 2025
SPYSPDR S&P 500 ETF Trust	$553K	0.41%	Not reported	Not reported	Q4 2024

Q4 2025Reported Feb 5, 202671 positions
AAPLApple Inc.	$10M	7.80%	0.00%	-2.8%	Q4 2024
BRK.BBerkshire Hathaway Inc	$7.56M	5.87%	Not reported	-0.9%	Q4 2024
MSFTMicrosoft Corp	$6.79M	5.27%	0.00%	-4.8%	Q4 2024
GOOGLAlphabet Inc.	$5.82M	4.52%	0.00%	Not reported	Q4 2024
WMTWalmart Inc.	$5.25M	4.08%	0.00%	-1.7%	Q4 2024
XOMExxonMobil Holdings Corp	$4.35M	3.38%	0.00%	-3.6%	Q4 2024
MCDMcdonalds Corp	$2.81M	2.18%	0.00%	-0.8%	Q4 2024
SOSouthern Co	$2.43M	1.89%	0.00%	-1.7%	Q4 2024
NEMNEWMONT Corp	$2.37M	1.84%	0.00%	-5.6%	Q4 2024
AMZNAmazon Com Inc	$2.21M	1.71%	0.00%	Not reported	Q4 2024
NVDANvidia Corp	$2.1M	1.63%	0.00%	-47.0%	Q4 2024
SLViShares Silver Trust	$2.09M	1.63%	0.01%	Not reported	Q4 2024
VZVerizon Communications Inc	$2.09M	1.62%	0.00%	-5.1%	Q4 2024
TXNTexas Instruments Inc	$2.08M	1.61%	0.00%	-0.8%	Q4 2024
TKOTKO Group Holdings, Inc.	$2.04M	1.58%	Not reported	-7.3%	Q4 2024
JNJJohnson & Johnson	$1.84M	1.43%	0.00%	Not reported	Q4 2024
TSLATesla, Inc.	$1.78M	1.38%	0.00%	-3.9%	Q4 2024
DUKDuke Energy CORP	$1.76M	1.36%	0.00%	Not reported	Q4 2024
ORCLOracle Corp	$1.61M	1.25%	0.00%	-6.2%	Q4 2024
ABBVAbbVie Inc.	$1.59M	1.23%	0.00%	-0.9%	Q4 2024
PEPPepsico Inc	$1.53M	1.19%	0.00%	Not reported	Q4 2024
APAAPA Corp	$1.44M	1.12%	0.02%	+12.5%	Q3 2025
EBAYEbay Inc	$1.36M	1.06%	0.00%	-7.1%	Q4 2024
BSMBlack Stone Minerals, L.P.	$1.33M	1.03%	Not reported	+0.2%	Q4 2024
PMPhilip Morris International Inc.	$1.26M	0.98%	0.00%	Not reported	Q4 2024
CVXChevron Corp	$1.23M	0.96%	0.00%	-1.0%	Q4 2024
INTCIntel Corp	$1.16M	0.90%	0.00%	Not reported	Q4 2024
CRKComstock Resources Inc	$1.14M	0.89%	0.02%	New	Q4 2025
BMYBristol Myers Squibb Co	$1.08M	0.84%	0.00%	Not reported	Q4 2024
ABTAbbott Laboratories	$1.04M	0.81%	0.00%	-4.6%	Q4 2024
PFEPfizer Inc	$938K	0.73%	0.00%	-2.3%	Q4 2024
AMDAdvanced Micro Devices Inc	$926K	0.72%	0.00%	+0.6%	Q2 2025
GPCGenuine Parts Co	$881K	0.68%	0.01%	Not reported	Q4 2024
CPNGCoupang, Inc.	$823K	0.64%	Not reported	Not reported	Q1 2025
SBRSabine Royalty Trust	$822K	0.64%	Not reported	Not reported	Q4 2024
UBERUber Technologies, Inc	$817K	0.63%	0.00%	-7.2%	Q4 2024
FWONKLiberty Media Corp	$798K	0.62%	Not reported	Not reported	Q4 2024
FBTCFidelity Wise Origin Bitcoin Fund	$781K	0.61%	0.00%	-22.7%	Q4 2024
TGTTarget Corp	$752K	0.58%	0.00%	-15.2%	Q4 2024
ADBEAdobe Inc.	$737K	0.57%	0.00%	Not reported	Q4 2024
DDominion Energy, Inc	$706K	0.55%	0.00%	Not reported	Q2 2025
EOGEog Resources Inc	$703K	0.55%	0.00%	Not reported	Q4 2024
MOAltria Group, Inc.	$669K	0.52%	0.00%	-4.3%	Q4 2024
KOCoca Cola Co	$661K	0.51%	0.00%	-5.2%	Q4 2024
GSGoldman Sachs Group Inc	$615K	0.48%	0.00%	Not reported	Q4 2024
SPYSPDR S&P 500 ETF Trust	$580K	0.45%	Not reported	Not reported	Q4 2024
MRKMerck & Co., Inc.	$561K	0.44%	0.00%	Not reported	Q4 2024
ADMArcher-Daniels-Midland Co	$506K	0.39%	0.00%	+48.5%	Q4 2024
PYPLPayPal Holdings, Inc.	$500K	0.39%	0.00%	Not reported	Q1 2025
CVSCVS HEALTH Corp	$471K	0.37%	0.00%	Not reported	Q4 2024

Q3 2025Reported Nov 12, 202576 positions
AAPLApple Inc.	$9.67M	7.65%	0.00%	-2.7%	Q4 2024
MSFTMicrosoft Corp	$7.63M	6.04%	0.00%	-3.9%	Q4 2024
BRK.BBerkshire Hathaway Inc	$7.63M	6.03%	Not reported	+9.7%	Q4 2024
WMTWalmart Inc.	$4.94M	3.91%	0.00%	-1.4%	Q4 2024
GOOGLAlphabet Inc.	$4.52M	3.58%	0.00%	Not reported	Q4 2024
XOMExxonMobil Holdings Corp	$4.23M	3.35%	0.00%	-0.9%	Q4 2024
NVDANvidia Corp	$3.97M	3.14%	0.00%	Not reported	Q4 2024
MCDMcdonalds Corp	$2.82M	2.23%	0.00%	Not reported	Q4 2024
SOSouthern Co	$2.69M	2.13%	0.00%	Not reported	Q4 2024
ORCLOracle Corp	$2.47M	1.95%	0.00%	Not reported	Q4 2024
VZVerizon Communications Inc	$2.37M	1.88%	0.00%	-0.2%	Q4 2024
TXNTexas Instruments Inc	$2.22M	1.75%	0.00%	-1.9%	Q4 2024
TKOTKO Group Holdings, Inc.	$2.12M	1.68%	Not reported	Not reported	Q4 2024
NEMNEWMONT Corp	$2.12M	1.67%	0.00%	Not reported	Q4 2024
AMZNAmazon Com Inc	$2.1M	1.66%	0.00%	-0.5%	Q4 2024
DUKDuke Energy CORP	$1.85M	1.47%	0.00%	-1.5%	Q4 2024
TSLATesla, Inc.	$1.83M	1.45%	0.00%	+82.0%	Q4 2024
JNJJohnson & Johnson	$1.65M	1.31%	0.00%	-5.3%	Q4 2024
ABBVAbbVie Inc.	$1.62M	1.28%	0.00%	Not reported	Q4 2024
ULTAUlta Beauty, Inc.	$1.6M	1.26%	0.01%	Not reported	Q4 2024
EBAYEbay Inc	$1.53M	1.21%	0.00%	Not reported	Q4 2024
PEPPepsico Inc	$1.5M	1.18%	0.00%	Not reported	Q4 2024
SLViShares Silver Trust	$1.38M	1.09%	0.01%	Not reported	Q4 2024
FBTCFidelity Wise Origin Bitcoin Fund	$1.32M	1.05%	0.01%	+11.9%	Q4 2024
BSMBlack Stone Minerals, L.P.	$1.31M	1.04%	Not reported	+18.6%	Q4 2024
PMPhilip Morris International Inc.	$1.27M	1.00%	0.00%	Not reported	Q4 2024
APAAPA Corp	$1.27M	1.00%	0.01%	New	Q3 2025
CVXChevron Corp	$1.27M	1.00%	0.00%	Not reported	Q4 2024
ABTAbbott Laboratories	$1.17M	0.93%	0.00%	Not reported	Q4 2024
CPNGCoupang, Inc.	$1.12M	0.89%	Not reported	+37.6%	Q1 2025
UBERUber Technologies, Inc	$1.06M	0.83%	0.00%	Not reported	Q4 2024
INTCIntel Corp	$1.05M	0.83%	0.00%	+14.3%	Q4 2024
GPCGenuine Parts Co	$993K	0.79%	0.01%	Not reported	Q4 2024
PFEPfizer Inc	$982K	0.78%	0.00%	-2.0%	Q4 2024
SBRSabine Royalty Trust	$952K	0.75%	Not reported	Not reported	Q4 2024
BMYBristol Myers Squibb Co	$900K	0.71%	0.00%	-4.8%	Q4 2024
FWONKLiberty Media Corp	$846K	0.67%	Not reported	Not reported	Q4 2024
MSTRStrategy Inc	$841K	0.67%	Not reported	Not reported	Q4 2024
TGTTarget Corp	$814K	0.64%	0.00%	Not reported	Q4 2024
MOAltria Group, Inc.	$801K	0.63%	0.00%	Not reported	Q4 2024
EOGEog Resources Inc	$750K	0.59%	0.00%	Not reported	Q4 2024
ADBEAdobe Inc.	$743K	0.59%	0.00%	-3.4%	Q4 2024
DDominion Energy, Inc	$737K	0.58%	0.00%	Not reported	Q2 2025
AMDAdvanced Micro Devices Inc	$696K	0.55%	0.00%	Not reported	Q2 2025
KOCoca Cola Co	$661K	0.52%	0.00%	-2.9%	Q4 2024
PYPLPayPal Holdings, Inc.	$574K	0.45%	0.00%	Not reported	Q1 2025
SPYSPDR S&P 500 ETF Trust	$566K	0.45%	Not reported	Not reported	Q4 2024
GSGoldman Sachs Group Inc	$557K	0.44%	0.00%	Not reported	Q4 2024
COSTCostco Wholesale Corp	$500K	0.40%	0.00%	Not reported	Q4 2024
CVSCVS HEALTH Corp	$447K	0.35%	0.00%	Not reported	Q4 2024

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