Advisor Resource Council

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 19, 2024), Advisor Resource Council reported 229 stock positions worth $235.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 12.7% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 5.2%) and Apple (AAPL, 4.2%). Compared with Q4 2023, it opened 60 new positions, sold out of 311, added to 21 and reduced 148. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +234%) and the biggest sale an exit from SS SPDR P S&P 500 Value ETF (SPYV).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001820879
Portfolio Value
$235.9M (Q1 2024)
SEC Filing
0001085146-24-001915 ↗ filed Apr 19, 2024

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $235.9M $235.9M Q1 2024 Q2 2024: $76.0M Q2 2024 Q3 2024: $220.2M Q3 2024 Q4 2024: $139.3M Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $203.8M Q2 2025 Q3 2025: $74.1M Q3 2025 Q4 2025: $280.7M Q4 2025 Q1 2026: $252.9M Q1 2026 Q2 2026: $299.8M Q2 2026

Holdings 229 stocks · $235.9M
SPY SS SPDR S&P 500 ETF Trust-US 12.70% 59,239 $30.0M Reduce -28.4%
RSP Invesco S&P 500 Equal Weight 5.20% 72,547 $12.3M Add +234.5%
AAPL Apple Inc. 4.23% 52,075 $10.0M Reduce -52.8%
MSFT Microsoft Corp. 3.64% 22,806 $8.6M Reduce -19.6%
XLK SS Technology Select Sector 2.37% 29,106 $5.6M Reduce -76.3%
IWM iShares Russell 2000 ETF 2.29% 26,724 $5.4M Reduce -41.8%
IVV iShares Core S&P 500 ETF 1.95% 9,615 $4.6M Reduce -18.3%
EWJ iShares MSCI Japan ETF 1.84% 60,741 $4.3M New
MOAT Vaneck Morningstar Wide Moat 1.67% 43,913 $3.9M New
QQQ Invesco QQQ Trust Series 1 1.63% 9,385 $3.9M Reduce -78.9%
JPM JPMorgan Chase & Co. 1.56% 21,571 $3.7M Reduce -22.9%
BRK.B Berkshire Hathaway Inc. Class B 1.39% 9,163 $3.3M Reduce -12.7%
AMZN Amazon.com Inc. 1.35% 20,882 $3.2M Reduce -74.1%
GLD SPDR Gold Shares 1.16% 13,693 $2.7M Reduce -64.8%
GOOG Alphabet Inc. Class C 1.13% 18,903 $2.7M Add +91.1%
SMH Vaneck Semiconductor ETF 0.99% 13,402 $2.3M New
EFA iShares MSCI Eafe ETF 0.95% 29,696 $2.2M Add +794.5%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.92% 5,780 $2.2M Reduce -27.7%
XLV SS Health Care Select Sector 0.89% 15,431 $2.1M Reduce -84.0%
XLE SS Energy Select Sector 0.88% 24,854 $2.1M Reduce -85.6%
VYM Vanguard High DVD Yield ETF 0.88% 18,569 $2.1M Reduce -51.7%
VIG Vanguard Dividend Apprec ETF 0.80% 11,035 $1.9M Reduce -90.3%
SRE Sempra 0.75% 23,828 $1.8M New
NVDA Nvidia Corp. 0.72% 3,229 $1.7M Reduce -75.0%
IWF iShares Russell 1000 Growth 0.71% 5,527 $1.7M Add +188.0%
INTC Intel Corp. 0.69% 32,326 $1.6M Add +579.1%
PTLC Pacer Trendpilot US Large Ca 0.67% 32,883 $1.6M Reduce -18.2%
GOOGL Alphabet Inc. Class A 0.66% 11,142 $1.6M Reduce -74.4%
SPGP Invesco S&P 500 Garp ETF 0.66% 15,762 $1.5M Reduce -69.5%
XLF SS Financial Select Sector 0.64% 40,194 $1.5M Reduce -85.0%
IGE iShares North American Natur 0.64% 37,030 $1.5M New
BIL SS SPDR BB 1-3M T-Bill ETF 0.64% 16,462 $1.5M Reduce -91.2%
XLI SS Industrial Select Sector 0.57% 11,860 $1.4M Reduce -82.1%
AVGO Broadcom Inc. 0.54% 1,146 $1.3M Reduce -22.0%
XOM Exxon Mobil Corp. 0.54% 12,366 $1.3M Reduce -82.8%
SPAB SS SPDR P Agg Bond ETF 0.54% 49,349 $1.3M Reduce -84.3%
PTNQ Pacer Trendpilot 100 ETF 0.53% 18,287 $1.3M Add +41.4%
ACIO Aptus Collared Invest Opp 0.51% 36,466 $1.2M Reduce -4.6%
FLOT iShares Floating Rate Bond E 0.49% 22,976 $1.2M New
USMV iShares MSCI USA Min Vol Fac 0.49% 13,972 $1.2M Add +130.3%
VB Vanguard Most SM-Cap ETF-Usd 0.49% 5,418 $1.2M Reduce -88.6%
IWB iShares Russell 1000 ETF 0.48% 3,968 $1.1M Add +5.6%
UCON First Trust Smith Unconstrai 0.48% 45,771 $1.1M Reduce -65.3%
HEGD Swan Hedged Equity US LG Cap 0.48% 57,883 $1.1M Reduce -75.4%
PG The Procter & Gamble Co. 0.48% 7,674 $1.1M Reduce -42.4%
SPYM Ste STR SPDR PT S&P 500 ETF 0.48% 20,043 $1.1M Reduce -85.7%
QCOM Qualcomm Inc. 0.45% 7,360 $1.1M Add +14.8%
TSLA Tesla Inc. 0.44% 4,193 $1.0M Reduce -40.0%
V Visa Inc. Class A 0.43% 3,914 $1.0M Reduce -24.7%
IWR iShares Russell Mid-Cap ETF 0.43% 12,070 $1.0M New
ADBE Adobe Inc. 0.43% 1,689 $1.0M Add +28.4%
FLRN SS SPDR BB Ig Float RT ETF 0.42% 32,315 $989K Reduce -89.0%
KNG FT Vest S&P 500 DVD Arst TRG 0.42% 19,021 $983K Reduce -73.4%
CRM Salesforce Inc. 0.41% 3,693 $972K Reduce -58.0%
PANW Palo Alto Networks Inc. 0.41% 3,284 $968K Reduce -68.1%
PAVE Global X US Infrastructure 0.41% 28,094 $968K Reduce -81.3%
FDL First Trust Morn DVD Lead Inc. 0.41% 26,654 $956K Reduce -77.0%
SPDW Ste STR SPDR PT DW Eu ETF 0.40% 27,457 $936K Reduce -82.7%
IRT Independence Realty Trust Inc. 0.40% 61,172 $936K New
DRSK Aptus Defined Risk ETF 0.40% 37,059 $934K Reduce -10.8%
VCR Vanguard Consumer Discre ETF 0.39% 2,987 $910K Reduce -52.6%
META Meta Platforms Inc. Class A 0.38% 2,509 $888K Reduce -85.0%
VOX Vanguard Communication Servi 0.38% 7,542 $888K Reduce -49.6%
VTI VG Morningstar TS MKT ETF-US 0.37% 3,602 $884K Reduce -88.9%
ABBV Abbvie Inc. 0.37% 5,640 $878K Add +30.4%
AMD Advanced Micro Devices 0.37% 5,756 $861K Reduce -66.2%
AVUV Avantis US Small Cap Value 0.36% 9,429 $847K Reduce -71.9%
SPBO SS SPDR P Corp. Bond ETF 0.36% 28,496 $838K Reduce -86.9%
UNH Unitedhealth Group Inc. 0.35% 1,584 $834K Reduce -65.3%
KKR KKR & Co. Inc. 0.35% 9,953 $825K New
INTU Intuit Inc. 0.35% 1,313 $821K Add +280.6%
MBB iShares MBS ETF 0.34% 8,582 $807K Reduce -85.4%
ULST SS Ultra Short TM Bond ETF 0.34% 19,994 $807K Reduce -90.5%
CPRT Copart Inc. 0.34% 16,155 $792K Reduce -63.7%
MCK McKesson Corp. 0.32% 1,654 $766K Reduce -67.5%
COST Costco Wholesale Corp. 0.32% 1,157 $763K Reduce -79.8%
ITA iShares U.S. Aerospace & Def 0.32% 6,020 $762K New
PWR Quanta Services Inc. 0.32% 3,486 $752K Reduce -54.2%
VGT Vanguard Info Tech ETF 0.31% 1,534 $742K Reduce -86.6%
HAL Halliburton Co. 0.31% 20,525 $742K Reduce -31.5%
CLH Clean Harbors Inc. 0.31% 4,248 $741K Reduce -54.0%
EEM iShares MSCI Emerging Market 0.31% 18,139 $730K Reduce -46.8%
JUCY Aptus Enhanced Yield ETF 0.31% 30,844 $730K Reduce -11.4%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.30% 24,038 $698K Reduce -89.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 7,490 $676K Add +61.0%
JEPI JPMorgan Equity Premium Inco 0.29% 12,260 $674K New
SPTI SS SPDR P Int Term TSY ETF 0.29% 23,600 $674K Reduce -91.8%
HIG Hartford Insurance Group Inc. 0.28% 8,280 $666K Reduce -51.2%
DXCM Dexcom Inc. 0.27% 5,164 $641K Reduce -70.4%
XLB SS Materials Select Sector 0.27% 7,353 $629K Reduce -79.2%
WDAY Workday Inc. Class A 0.26% 2,247 $620K Reduce -69.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.26% 3,739 $614K Reduce -53.5%
QQQM Invesco Nasdaq 100 ETF 0.26% 3,633 $612K Reduce -79.3%
SKX Skechers USA Inc. Class A 0.25% 9,542 $595K Reduce -49.6%
AXP American Express Co. 0.25% 3,167 $593K New
FISV Fiserv Inc. 0.25% 4,466 $593K Reduce -68.6%
MLPX Global X MLP & Energy Infras 0.25% 12,978 $579K Reduce -69.3%
XLY SS Consumer Disc Select Sect 0.24% 3,203 $574K Reduce -91.8%
JBL Jabil Inc. 0.24% 4,489 $572K Reduce -54.4%
WAB Wabtec Corp. 0.24% 4,489 $570K Reduce -70.1%

Show all 229 holdings

Options reported separately and not counted above: SPY puts ($624K), ADBE calls ($228K), AAPL calls ($71K), QQQ puts ($39K), NVDA puts ($6K), SPY calls ($4K), KO calls ($4K).

Portfolio Sells Q4 2023 → Q1 2024
SPYV SS SPDR P S&P 500 Value ETF Sold out 0.00% −1.48
VIG Vanguard Dividend Apprec ETF Reduce -90.3% 0.80% −1.46
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -91.2% 0.64% −1.35
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −1.35
VOO Vanguard S&P 500 ETF Reduce -97.0% 0.15% −1.25
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -94.7% 0.23% −0.95
XLE SS Energy Select Sector Reduce -85.6% 0.88% −0.80
SPYG SS SPDR P S&P 500 Growth ETF Reduce -96.0% 0.13% −0.78
DGRW Wisdomtree U.S. Quality Divi Reduce -96.4% 0.11% −0.75
VB Vanguard Most SM-Cap ETF-Usd Reduce -88.6% 0.49% −0.69
VV Vngrd Mrgstr LRG-Cap ETF-Usd Sold out 0.00% −0.69
SPTI SS SPDR P Int Term TSY ETF Reduce -91.8% 0.29% −0.67
ULST SS Ultra Short TM Bond ETF Reduce -90.5% 0.34% −0.64
XLV SS Health Care Select Sector Reduce -84.0% 0.89% −0.64
FLRN SS SPDR BB Ig Float RT ETF Reduce -89.0% 0.42% −0.62
TBIL F/M US Treasury 3 Month Bill Sold out 0.00% −0.60
XLY SS Consumer Disc Select Sect Reduce -91.8% 0.24% −0.57
TIP iShares Tips Bond ETF Sold out 0.00% −0.53
XLF SS Financial Select Sector Reduce -85.0% 0.64% −0.53
VTI VG Morningstar TS MKT ETF-US Reduce -88.9% 0.37% −0.52
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.50
SPSM SS SPDR P S&P 600 Small Cap Sold out 0.00% −0.49
QQQ Invesco QQQ Trust Series 1 Reduce -78.9% 1.63% −0.49
XLC SS Comm Select Sector SPDR Reduce -91.3% 0.22% −0.48
SPTL SS SPDR PF LNG TRM TSY E-Usd Reduce -89.5% 0.30% −0.48
SPHQ Invesco S&P 500 Quality ETF Sold out 0.00% −0.46
SHY iShares 1-3 Year Treasury Bo Reduce -94.6% 0.11% −0.44
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -85.7% 0.48% −0.43
SPTM SS SPDR P S&P 1500 Comp ETF Sold out 0.00% −0.41
VT Vanguard Tot World STK ETF Sold out 0.00% −0.41
SHV iShares 0-1 Year Treasury Bo Sold out 0.00% −0.40
SPAB SS SPDR P Agg Bond ETF Reduce -84.3% 0.54% −0.40
SCHF Schwab Intl Equity ETF Sold out 0.00% −0.39
GAA Cambria Global Asset Allocat Sold out 0.00% −0.39
SPBO SS SPDR P Corp. Bond ETF Reduce -86.9% 0.36% −0.39
SDY SS SPDR S&P Dividend ETF Reduce -92.3% 0.15% −0.37
XLK SS Technology Select Sector Reduce -76.3% 2.37% −0.37
JEPQ JPM Nasdaq Equity Premium Sold out 0.00% −0.37
QLTA iShares Aaa - A Rated Corpor Reduce -89.7% 0.21% −0.34
VGT Vanguard Info Tech ETF Reduce -86.6% 0.31% −0.33
META Meta Platforms Inc. Class A Reduce -85.0% 0.38% −0.31
SCHO Schwab Short-Term US Treas Reduce -89.1% 0.20% −0.31
SPTS SS SPDR P St Term TSY ETF Sold out 0.00% −0.31
XLI SS Industrial Select Sector Reduce -82.1% 0.57% −0.30
MBB iShares MBS ETF Reduce -85.4% 0.34% −0.30
XOM Exxon Mobil Corp. Reduce -82.8% 0.54% −0.30
QUAL iShares MSCI USA Quality Fac Reduce -90.6% 0.15% −0.29
XLP SS Consumer Staples Sel Sect Reduce -90.5% 0.15% −0.29
VEA Vanguard Ftse Developed ETF Reduce -87.9% 0.22% −0.28
VXF Vanguard Extended Market ETF Sold out 0.00% −0.28

Portfolio Buys Q4 2023 → Q1 2024
RSP Invesco S&P 500 Equal Weight Add +234.5% 5.20% +4.80
EWJ iShares MSCI Japan ETF New 1.84% +1.84
MOAT Vaneck Morningstar Wide Moat New 1.67% +1.67
SMH Vaneck Semiconductor ETF New 0.99% +0.99
GOOG Alphabet Inc. Class C Add +91.1% 1.13% +0.97
EFA iShares MSCI Eafe ETF Add +794.5% 0.95% +0.92
SRE Sempra New 0.75% +0.75
INTC Intel Corp. Add +579.1% 0.69% +0.66
IWF iShares Russell 1000 Growth Add +188.0% 0.71% +0.64
IGE iShares North American Natur New 0.64% +0.64
FLOT iShares Floating Rate Bond E New 0.49% +0.49
USMV iShares MSCI USA Min Vol Fac Add +130.3% 0.49% +0.44
PTNQ Pacer Trendpilot 100 ETF Add +41.4% 0.53% +0.43
IWR iShares Russell Mid-Cap ETF New 0.43% +0.43
IRT Independence Realty Trust Inc. New 0.40% +0.40
IWB iShares Russell 1000 ETF Add +5.6% 0.48% +0.37
KKR KKR & Co. Inc. New 0.35% +0.35
QCOM Qualcomm Inc. Add +14.8% 0.45% +0.34
ADBE Adobe Inc. Add +28.4% 0.43% +0.34
ITA iShares U.S. Aerospace & Def New 0.32% +0.32
INTU Intuit Inc. Add +280.6% 0.35% +0.32
ABBV Abbvie Inc. Add +30.4% 0.37% +0.29
JEPI JPMorgan Equity Premium Inco New 0.29% +0.29
AXP American Express Co. New 0.25% +0.25
DIS The Walt Disney Co. Add +61.0% 0.29% +0.24
XPO Xpo Inc. New 0.22% +0.22
DEM Wisdomtree Emerging Markets New 0.22% +0.22
EPS Wisdomtree US Large Cap Fund New 0.21% +0.21
MU Micron Technology Inc. Add +97.0% 0.22% +0.19
USIG iShares Broad Usd Investment New 0.19% +0.19
SHM SS SPDR N Ice St Muni ETF New 0.19% +0.19
PLD Prologis Inc. New 0.19% +0.19
NXPI NXP Semiconductors NV New 0.19% +0.19
PTMC Pacer Trendpilot US Mid Cap Add +68.9% 0.21% +0.18
DGRS Wisdomtree U.S. Smallcap Qua New 0.18% +0.18
CWB SS SPDR BB Conv Sec ETF New 0.17% +0.17
VIOG Vanguard S&P SM Cap 600 GRW New 0.17% +0.17
ADME Aptus Drwdwn MGD Eqty ETF Add +0.1% 0.22% +0.16
VIOV Vanguard S&P Small-Cap 600 V New 0.16% +0.16
CMCSA Comcast Corp. Class A Add +75.1% 0.18% +0.15
VAW Vanguard Materials ETF New 0.15% +0.15
OSCV Opus Small Cap Value ETF Add +11.5% 0.19% +0.15
SCZ iShares MSCI Eafe Small-Cap New 0.14% +0.14
GDX Vaneck Gold Miners ETF New 0.13% +0.13
KLAC KLA Corp. New 0.13% +0.13
TSM Taiwan Semiconductor-SP ADR New 0.13% +0.13
ITB iShares U.S. Home Constructi New 0.12% +0.12
IWN iShares Russell 2000 Value E New 0.12% +0.12
XMMO Invesco S&P Midcap Momentum New 0.12% +0.12
PWB Invesco Large Cap Growth ETF New 0.12% +0.12

Options Activity Q4 2023 → Q1 2024
SPY SS SPDR S&P 500 ETF Trust-US put Reduce -58.4% 172,200 $624K
ADBE Adobe Inc. call New 1,000 $228K
AAPL Apple Inc. call New 1,000 $71K
QQQ Invesco QQQ Trust Series 1 put New 3,500 $39K
NVDA Nvidia Corp. put New 700 $6K
SPY SS SPDR S&P 500 ETF Trust-US call New 400 $4K
KO The Coca-Cola Co. call New 300 $4K
MSFT Microsoft Corp. call Sold out 400 $4before exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2023 → Q1 2024
PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25) NOTE 6.375% 3/0 · principal Sold out 10,000 $10Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 260$299.8MSPY, RSP, AAPL, JPM, XLK
Q1 2026 228$252.9MSPY, RSP, AAPL, JPM, BUFR
Q4 2025 231$280.7MSPY, RSP, AAPL, JPM, BUFR
Q3 2025 40$74.1MSPY, RSP, EWJ, GLD, SFLR
Q2 2025 174$203.8MSPY, RSP, IVV, AAPL, MSFT
Q1 2025 582$1.2BSPY, AAPL, QQQ, XLK, SPAB
Q4 2024 69$139.3MSPY, RSP, EWJ, MOAT, GLD
Q3 2024 233$220.2MSPY, AAPL, MSFT, IVV, IWM
Q2 2024 65$76.0MSPY, RSP, XLK, EWJ, MOAT
Q1 2024 229$235.9MSPY, RSP, AAPL, MSFT, XLK