# EDGAR Filing Document

**Accession Number:** 0001646695
**File Stem:** 0001646695-26-000001
**Filing Date:** 2026-1
**Character Count:** 12102
**Document Hash:** d6f3fb2ee7cacf3515440d8b1c131845
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001646695-26-000001.hdr.sgml**: 20260127

**ACCESSION NUMBER**: 0001646695-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260127

**DATE AS OF CHANGE**: 20260127

**EFFECTIVENESS DATE**: 20260127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Steele Capital Management, Inc.
- **CENTRAL INDEX KEY:** 0001646695

**ORGANIZATION NAME:**
- **EIN:** 421460565
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-23597
- **FILM NUMBER:** 26564363

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 JACKSON STREET
- **STREET 2:** SUITE 201
- **CITY:** DUBUQUE
- **STATE:** IA
- **ZIP:** 52001
- **BUSINESS PHONE:** 563-588-2097

**MAIL ADDRESS:**
- **STREET 1:** 1000 JACKSON STREET
- **STREET 2:** SUITE 201
- **CITY:** DUBUQUE
- **STATE:** IA
- **ZIP:** 52001

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Steele Capital Management Inc.<br>**Address:** 1000 JACKSON STREET<br>SUITE 201<br>DUBUQUE, IA 52001

**Form 13F File Number:** 028-23597

**CRD Number (if applicable):** 000107097

**SEC File Number (if applicable):** 801-50636

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Kathryn L Moran<br>**Title:** CFO/CCO<br>**Phone:** 5635882097

**Signature, Place, and Date of Signing:**

Kathryn L Moran  Dubuque, IA  01-27-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 79

**Form 13F Information Table Value Total:** $2329967928

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 3011813 | 13181 | SH |  | SOLE |  | 13181 | 0 | 0 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 3276305 | 10441 | SH |  | SOLE |  | 10441 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 14940666 | 64729 | SH |  | SOLE |  | 64729 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 35396559 | 130201 | SH |  | SOLE |  | 130201 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 352013 | 14171 | SH |  | SOLE |  | 14171 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1074116 | 19529 | SH |  | SOLE |  | 19529 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 16700627 | 33225 | SH |  | SOLE |  | 33225 | 0 | 0 |
| COUPANG INC | CL A | 22266T109 |  | 261849 | 11100 | SH |  | SOLE |  | 11100 | 0 | 0 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 1350000 | 37500 | SH |  | SOLE |  | 37500 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 4861019 | 10405 | SH |  | SOLE |  | 10405 | 0 | 0 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 492182 | 10564 | SH |  | SOLE |  | 10564 | 0 | 0 |
| DIREXION SHS ETF TR | DAILY 20+ YEAR T | 25460G138 |  | 385404 | 10327 | SH |  | SOLE |  | 10327 | 0 | 0 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 |  | 731680 | 22822 | SH |  | SOLE |  | 22822 | 0 | 0 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 1914685 | 15911 | SH |  | SOLE |  | 15911 | 0 | 0 |
| FORD MTR CO | COM | 345370860 |  | 277804 | 21174 | SH |  | SOLE |  | 21174 | 0 | 0 |
| FS CREDIT OPPORTUNITIES CORP | COMMON STOCK | 30290Y101 |  | 378000 | 60000 | SH |  | SOLE |  | 60000 | 0 | 0 |
| GLOBAL X FDS | ARTIFICIAL ETF | 37954Y632 |  | 10458354 | 205448 | SH |  | SOLE |  | 205448 | 0 | 0 |
| INVESCO EXCH TRD SLF IDX FD | BULSHS 2026 CB | 46138J791 |  | 880504 | 44981 | SH |  | SOLE |  | 44981 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S QUALITY | 46137V241 |  | 756033 | 10074 | SH |  | SOLE |  | 10074 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S 100 EQL WIGH | 46137V449 |  | 3242075 | 27438 | SH |  | SOLE |  | 27438 | 0 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL WGT | 46137V357 |  | 37312514 | 194782 | SH |  | SOLE |  | 194782 | 0 | 0 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 126193758 | 205424 | SH |  | SOLE |  | 205424 | 0 | 0 |
| ISHARES INC | CORE MSCI EMKT | 46434G103 |  | 5184303 | 77124 | SH |  | SOLE |  | 77124 | 0 | 0 |
| ISHARES TR | TRS FLT RT BD | 46434V860 |  | 664481 | 13168 | SH |  | SOLE |  | 13168 | 0 | 0 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 1931895 | 36534 | SH |  | SOLE |  | 36534 | 0 | 0 |
| ISHARES TR | US AER DEF ETF | 464288760 |  | 4503574 | 20977 | SH |  | SOLE |  | 20977 | 0 | 0 |
| ISHARES TR | CORE MSCI INTL | 46435G326 |  | 9315953 | 112948 | SH |  | SOLE |  | 112948 | 0 | 0 |
| ISHARES TR | MRGSTR SM CP GR | 464288604 |  | 9883692 | 178213 | SH |  | SOLE |  | 178213 | 0 | 0 |
| ISHARES TR | MRNING SM CP ETF | 464288703 |  | 12821758 | 187179 | SH |  | SOLE |  | 187179 | 0 | 0 |
| ISHARES TR | MRGSTR MD CP ETF | 464288208 |  | 15651703 | 189190 | SH |  | SOLE |  | 189190 | 0 | 0 |
| ISHARES TR | MRGSTR MD CP GRW | 464288307 |  | 16233380 | 203324 | SH |  | SOLE |  | 203324 | 0 | 0 |
| ISHARES TR | MRGSTR MD CP VAL | 464288406 |  | 17015348 | 206652 | SH |  | SOLE |  | 206652 | 0 | 0 |
| ISHARES TR | CORE S US VLU | 464287663 |  | 21626451 | 210907 | SH |  | SOLE |  | 210907 | 0 | 0 |
| ISHARES TR | ULTRA SHORT DUR | 46434V878 |  | 22288187 | 440652 | SH |  | SOLE |  | 440652 | 0 | 0 |
| ISHARES TR | MORNINGSTAR VALU | 464288109 |  | 63228810 | 670081 | SH |  | SOLE |  | 670081 | 0 | 0 |
| ISHARES TR | CORE S SCP ETF | 464287804 |  | 75744909 | 630262 | SH |  | SOLE |  | 630262 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 93227438 | 933394 | SH |  | SOLE |  | 933394 | 0 | 0 |
| ISHARES TR | CORE S ETF | 464287200 |  | 258493709 | 377396 | SH |  | SOLE |  | 377396 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 1336100 | 22763 | SH |  | SOLE |  | 22763 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 46641Q332 |  | 17582650 | 304966 | SH |  | SOLE |  | 304966 | 0 | 0 |
| J P MORGAN EXCHANGE TRADED F | CORE PLUS BD ETF | 46641Q670 |  | 23834419 | 501394 | SH |  | SOLE |  | 501394 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 6890412 | 14248 | SH |  | SOLE |  | 14248 | 0 | 0 |
| NEOS ETF TRUST | NEOS S 500 HI | 78433H303 |  | 8414781 | 160190 | SH |  | SOLE |  | 160190 | 0 | 0 |
| NETFLIX INC | COM | 64110L106 |  | 1073552 | 11450 | SH |  | SOLE |  | 11450 | 0 | 0 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 21854533 | 117182 | SH |  | SOLE |  | 117182 | 0 | 0 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 |  | 4974690 | 27987 | SH |  | SOLE |  | 27987 | 0 | 0 |
| RENASANT CORP | COM | 75970E107 |  | 1191120 | 33600 | SH |  | SOLE |  | 33600 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP VA ETF | 808524409 |  | 2960291 | 99976 | SH |  | SOLE |  | 99976 | 0 | 0 |
| SCHWAB STRATEGIC TR | US MID-CAP ETF | 808524508 |  | 4546615 | 151201 | SH |  | SOLE |  | 151201 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LCAP GR ETF | 808524300 |  | 6047176 | 185382 | SH |  | SOLE |  | 185382 | 0 | 0 |
| SCHWAB STRATEGIC TR | EMRG MKTEQ ETF | 808524706 |  | 9628760 | 294008 | SH |  | SOLE |  | 294008 | 0 | 0 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 30858311 | 1124984 | SH |  | SOLE |  | 1124984 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US S | 808524763 |  | 64504953 | 2047126 | SH |  | SOLE |  | 2047126 | 0 | 0 |
| SCHWAB STRATEGIC TR | US SML CAP ETF | 808524607 |  | 64751262 | 2273570 | SH |  | SOLE |  | 2273570 | 0 | 0 |
| SCHWAB STRATEGIC TR | US LRG CAP ETF | 808524201 |  | 107238308 | 3985073 | SH |  | SOLE |  | 3985073 | 0 | 0 |
| SCHWAB STRATEGIC TR | INTL EQTY ETF | 808524805 |  | 161726135 | 6727377 | SH |  | SOLE |  | 6727377 | 0 | 0 |
| SCHWAB STRATEGIC TR | FUNDAMENTAL US L | 808524771 |  | 166326291 | 6112690 | SH |  | SOLE |  | 6112690 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET FIN | 81369Y605 |  | 939861 | 17160 | SH |  | SOLE |  | 17160 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET CON | 81369Y407 |  | 7390989 | 61896 | SH |  | SOLE |  | 61896 | 0 | 0 |
| SELECT SECTOR SPDR TR | STATE STREET ENE | 81369Y506 |  | 12159432 | 271962 | SH |  | SOLE |  | 271962 | 0 | 0 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 281435 | 10750 | SH |  | SOLE |  | 10750 | 0 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 3827984 | 86196 | SH |  | SOLE |  | 86196 | 0 | 0 |
| SPDR S MIDCAP 400 ETF TR | UTSER1 S | 78467Y107 |  | 20115462 | 33223 | SH |  | SOLE |  | 33223 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A649 |  | 2174874 | 84461 | SH |  | SOLE |  | 84461 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78468R721 |  | 2661088 | 58217 | SH |  | SOLE |  | 58217 | 0 | 0 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A854 |  | 24993270 | 311559 | SH |  | SOLE |  | 311559 | 0 | 0 |
| UMB FINL CORP | COM | 902788108 |  | 1428026 | 12367 | SH |  | SOLE |  | 12367 | 0 | 0 |
| VANECK ETF TRUST | URANIUM AND NUCL | 92189F601 |  | 4184919 | 33695 | SH |  | SOLE |  | 33695 | 0 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 41415895 | 559145 | SH |  | SOLE |  | 559145 | 0 | 0 |
| VANGUARD INDEX FDS | SM CP VAL ETF | 922908611 |  | 11069796 | 52268 | SH |  | SOLE |  | 52268 | 0 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 19707236 | 103185 | SH |  | SOLE |  | 103185 | 0 | 0 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 137314785 | 218957 | SH |  | SOLE |  | 218957 | 0 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 99554354 | 1851829 | SH |  | SOLE |  | 1851829 | 0 | 0 |
| VANGUARD MUN BD FDS | TAX EXEMPT BD | 922907746 |  | 2829048 | 56255 | SH |  | SOLE |  | 56255 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | VNG RUS1000GRW | 92206C680 |  | 36713686 | 301550 | SH |  | SOLE |  | 301550 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 59234292 | 707275 | SH |  | SOLE |  | 707275 | 0 | 0 |
| VANGUARD SCOTTSDALE FDS | SHRT TRM CORP BD | 92206C409 |  | 92743106 | 1163215 | SH |  | SOLE |  | 1163215 | 0 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 131832498 | 2110333 | SH |  | SOLE |  | 2110333 | 0 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 19591982 | 136510 | SH |  | SOLE |  | 136510 | 0 | 0 |

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