Advisors Capital Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), Advisors Capital Management, LLC reported 463 stock positions worth $5.5 billion. Its top holding was Microsoft (MSFT) at 4.4% of the portfolio, followed by Broadcom (AVGO, 3.6%) and Apple (AAPL, 3.2%). Compared with Q4 2023, it opened 39 new positions, sold out of 33, added to 255 and reduced 149. The biggest buy was Texas Instruments (TXN, shares +186%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- RIDGEWOOD, NJ
- CIK
- 0001345576
- Portfolio Value
- $5.5B (Q1 2024)
- SEC Filing
- 0001345576-24-000005 ↗ filed May 6, 2024
Holdings Value
Holdings 463 stocks · $5.5B
| MSFT Microsoft Corp. | 4.36% | 566,166 | $238.2M | Add +10.3% |
| AVGO Broadcom Inc. | 3.57% | 147,006 | $194.8M | Reduce -3.9% |
| AAPL Apple Inc. | 3.22% | 1,024,484 | $175.7M | Add +4.2% |
| BX Blackstone Inc. | 1.80% | 746,720 | $98.1M | Reduce -3.8% |
| ABBV Abbvie Inc. | 1.75% | 525,792 | $95.7M | Add +4.7% |
| JPM JPMorgan Chase & Co. | 1.60% | 435,744 | $87.3M | Add +8.8% |
| CVX Chevron Corp. | 1.47% | 507,561 | $80.1M | Add +7.8% |
| GOOG Alphabet Inc. Class C | 1.42% | 510,030 | $77.7M | Add +1.3% |
| AMZN Amazon.com Inc. | 1.37% | 415,495 | $74.9M | Add +4.1% |
| QCOM Qualcomm Inc. | 1.32% | 427,231 | $72.3M | Add +5.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 164,326 | $69.1M | Add +34.8% |
| TT Trane Technologies PLC | 1.25% | 228,342 | $68.5M | Add +3.2% |
| TMO Thermo Fisher Scientific Inc. | 1.18% | 111,169 | $64.6M | Add +5.8% |
| ARCC Ares Capital Corp. | 1.18% | 3,099,134 | $64.5M | Add +7.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.17% | 335,448 | $64.1M | Add +1.2% |
| PM Philip Morris International | 1.07% | 639,689 | $58.6M | Add +7.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.06% | 572,324 | $58.0M | Add +3.7% |
| NVDA Nvidia Corp. | 1.04% | 62,906 | $56.8M | Add +44.6% |
| IVV iShares Core S&P 500 ETF | 1.03% | 106,543 | $56.0M | Add +22.3% |
| TXN Texas Instruments Inc. | 1.01% | 316,421 | $55.1M | Add +185.7% |
| HON Honeywell International Inc. | 1.00% | 266,500 | $54.7M | Add +6.3% |
| MDT Medtronic PLC | 0.98% | 613,204 | $53.4M | Add +27.6% |
| GOOGL Alphabet Inc. Class A | 0.97% | 352,348 | $53.2M | Add +4.6% |
| V Visa Inc. Class A | 0.97% | 189,727 | $52.9M | Add +7.2% |
| PANW Palo Alto Networks Inc. | 0.92% | 177,613 | $50.5M | Reduce -5.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.90% | 400,098 | $49.0M | Add +21.9% |
| JNJ Johnson & Johnson | 0.89% | 308,957 | $48.9M | Reduce -2.0% |
| WSM Williams-Sonoma Inc. | 0.88% | 151,882 | $48.2M | Reduce -3.3% |
| KMI Kinder Morgan Inc. | 0.88% | 2,615,939 | $48.0M | Add +3.6% |
| OKE Oneok Inc. | 0.83% | 568,431 | $45.6M | Reduce -8.6% |
| MCD McDonald's Corp. | 0.81% | 157,069 | $44.3M | Add +4.7% |
| C Citigroup Inc. | 0.81% | 699,242 | $44.2M | Add +36.7% |
| CSCO Cisco Systems Inc. | 0.80% | 874,925 | $43.7M | Add +6.7% |
| HD Home Depot Inc. | 0.79% | 113,099 | $43.4M | Add +3.9% |
| TKR Timken Co. | 0.79% | 494,289 | $43.2M | Add +7.1% |
| UNH Unitedhealth Group Inc. | 0.79% | 87,291 | $43.2M | Add +5.9% |
| WFC Wells Fargo & Co. | 0.79% | 740,716 | $42.9M | Add +1.3% |
| ZTS Zoetis Inc. | 0.78% | 253,436 | $42.9M | Add +99.9% |
| ACN Accenture PLC Class A | 0.77% | 121,250 | $42.0M | Add +2.8% |
| PAGP Plains GP Holdings LP | 0.75% | 2,245,922 | $41.0M | Add +4.0% |
| PFE Pfizer Inc. | 0.72% | 1,412,155 | $39.2M | Add +8.8% |
| MA Mastercard Inc. Class A | 0.71% | 80,394 | $38.7M | Add +4.1% |
| ETN Eaton Corp. PLC | 0.67% | 117,286 | $36.7M | Add +3.1% |
| RTX RTX Corp. | 0.66% | 368,556 | $35.9M | Add +5.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.65% | 262,772 | $35.8M | Reduce -9.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.65% | 216,537 | $35.3M | Add +1.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.64% | 823,395 | $35.0M | Add +3.5% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.63% | 1,375,607 | $34.7M | Add +3.1% |
| LMT Lockheed Martin Corp. | 0.62% | 74,962 | $34.1M | Add +8.3% |
| WPC WP Carey Inc. | 0.62% | 603,313 | $34.1M | Add +28.1% |
| UL Unilever PLC | 0.60% | 658,072 | $33.0M | Add +8.2% |
| DUK Duke Energy Corp. | 0.60% | 340,904 | $33.0M | Add +9.0% |
| TGT Target Corp. | 0.59% | 182,850 | $32.4M | Add +9.4% |
| GXO Gxo Logistics Inc. | 0.59% | 601,422 | $32.3M | Add +0.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.57% | 214,924 | $31.3M | Add +7.2% |
| CVS CVS Health Corp. | 0.56% | 384,684 | $30.7M | Add +2.4% |
| DOW Dow Inc. | 0.55% | 515,420 | $29.9M | Add +3.0% |
| DGX Quest Diagnostics Inc. | 0.53% | 219,140 | $29.2M | Reduce -3.6% |
| WMB Williams Cos Inc. | 0.53% | 741,492 | $28.9M | Add +18.6% |
| FIS Fidelity National Info Serv | 0.53% | 387,919 | $28.8M | Add +21.2% |
| COST Costco Wholesale Corp. | 0.52% | 38,537 | $28.2M | Add +16.3% |
| STX Seagate Technology Holdings | 0.51% | 300,447 | $28.0M | Add +2.7% |
| AON Aon PLC Class A | 0.50% | 82,327 | $27.5M | Add +3.2% |
| ABT Abbott Laboratories | 0.49% | 235,922 | $26.8M | Reduce -1.8% |
| SBRA Sabra Health Care REIT Inc. | 0.49% | 1,797,434 | $26.5M | Add +5.0% |
| BLK BlackRock Finance Inc. | 0.48% | 31,309 | $26.1M | Add +4.2% |
| ORCL Oracle Corp. | 0.48% | 207,550 | $26.1M | Add +8.9% |
| CAT Caterpillar Inc. | 0.46% | 69,319 | $25.4M | Add +2.0% |
| SPIB SS SPDR P Int C Corp. ETF | 0.46% | 766,348 | $25.1M | Reduce -37.2% |
| URI United Rentals Inc. | 0.46% | 34,555 | $24.9M | Reduce -2.9% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.45% | 197,172 | $24.8M | Add +12.6% |
| DE Deere & Co. | 0.45% | 60,086 | $24.7M | Add +5.5% |
| RITM Rithm Capital Corp. | 0.45% | 2,193,009 | $24.5M | Reduce -0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.45% | 71,083 | $24.5M | Add +20.8% |
| PLD Prologis Inc. | 0.44% | 185,921 | $24.2M | Add +4.2% |
| STWD Starwood Property Trust Inc. | 0.44% | 1,186,436 | $24.1M | Add +4.0% |
| SGOV iShares 0-3 Month Treasury B | 0.44% | 238,971 | $24.1M | Reduce -69.6% |
| TEL Te Connectivity Ltd. | 0.41% | 153,678 | $22.3M | Add +11.4% |
| OHI Omega Healthcare Investors | 0.40% | 687,786 | $21.8M | Add +1.4% |
| VRP Invesco Variable Rate Prefer | 0.40% | 913,577 | $21.7M | Add +5.7% |
| VCIT Vanguard Int-Term Corporate | 0.40% | 269,171 | $21.7M | Add +8.1% |
| CME Cme Group Inc. | 0.39% | 99,202 | $21.4M | Add +20.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.38% | 319,543 | $20.5M | Add +25.7% |
| SPG Simon Property Group Inc. | 0.37% | 129,182 | $20.2M | Reduce -2.6% |
| NEE Nextera Energy Inc. | 0.37% | 315,104 | $20.1M | Add +0.7% |
| ULTA Ulta Beauty Inc. | 0.37% | 38,217 | $20.0M | Add +18.1% |
| AY Atlantica Sustainable Infras | 0.36% | 1,075,363 | $19.9M | Add +14.8% |
| POOL Pool Corp. | 0.36% | 49,012 | $19.8M | Add +6.7% |
| TD Toronto-Dominion Bank | 0.35% | 320,105 | $19.3M | Add +41.0% |
| BEPC Brookfield Renewable Cor-A | 0.35% | 781,570 | $19.2M | Add +104.4% |
| OUT Outfront Media Inc. | 0.35% | 1,135,143 | $19.1M | Add +0.2% |
| TMUS T-Mobile US Inc. | 0.34% | 114,833 | $18.7M | Add +114.3% |
| PEP Pepsico Inc. | 0.34% | 106,163 | $18.6M | Add +295.5% |
| TNL Travel + Leisure Co. | 0.34% | 376,720 | $18.4M | Add +0.5% |
| KNTK Kinetik Holdings Inc. | 0.33% | 453,412 | $18.1M | New |
| IGLB iShares 10+ Year Inv GR Corp. | 0.33% | 347,400 | $17.9M | New |
| ROST Ross Stores Inc. | 0.32% | 117,860 | $17.3M | Add +1.9% |
| KVUE Kenvue Inc. | 0.32% | 802,777 | $17.2M | Add +10.4% |
| HTGC Hercules Capital Inc. | 0.31% | 928,042 | $17.1M | Reduce -0.2% |
| XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP | 0.31% | 563,249 | $16.9M | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 42,278 | $1.0M | Reduce -5.8% |
Total filed on the 13F, all lines: $5.5B.
Portfolio Sells Q4 2023 → Q1 2024
| SGOV iShares 0-3 Month Treasury B | Reduce -69.6% | 0.44% | −1.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -82.0% | 0.16% | −0.74 |
| M D C HLDGS INC | Sold out | 0.00% | −0.50 |
| BSCQ Invesco Bulletshares 2026 CB | Sold out | 0.00% | −0.44 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -37.2% | 0.46% | −0.36 |
| DHR Danaher Corp. | Reduce -64.6% | 0.18% | −0.35 |
| AM Antero Midstream Corp. | Sold out | 0.00% | −0.35 |
| BX Blackstone Inc. | Reduce -3.8% | 1.80% | −0.28 |
| APD Air Products & Chemicals Inc. | Reduce -96.6% | 0.01% | −0.25 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -37.6% | 0.28% | −0.22 |
| PANW Palo Alto Networks Inc. | Reduce -5.1% | 0.92% | −0.20 |
| UTZ Utz Brands Inc. | Reduce -80.0% | 0.05% | −0.18 |
| DLN Wisdomtree US Largecap Divid | Sold out | 0.00% | −0.18 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Reduce -38.0% | 0.22% | −0.18 |
| STZ Constellation Brands Inc. Class A | Reduce -48.3% | 0.16% | −0.14 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -76.4% | 0.04% | −0.14 |
| QUAL iShares MSCI USA Quality Fac | Reduce -92.1% | 0.01% | −0.12 |
| TSLA Tesla Inc. | Reduce -58.1% | 0.04% | −0.12 |
| JNJ Johnson & Johnson | Reduce -2.0% | 0.89% | −0.11 |
| DGX Quest Diagnostics Inc. | Reduce -3.6% | 0.53% | −0.11 |
| MCHP Microchip Technology Inc. | Reduce -66.8% | 0.03% | −0.08 |
| LADR Ladder Capital Corp.-REIT | Reduce -14.0% | 0.23% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -74.8% | 0.02% | −0.08 |
| SPGI S&P Global Inc. | Reduce -83.9% | 0.01% | −0.07 |
| STE Steris PLC | Reduce -13.8% | 0.25% | −0.07 |
| CARR Carrier Global Corp. | Reduce -92.2% | 0.01% | −0.07 |
| NS Nustar Energy LP | Sold out | 0.00% | −0.06 |
| VOD Vodafone Group PLC-SP ADR | Sold out | 0.00% | −0.06 |
| OKE Oneok Inc. | Reduce -8.6% | 0.83% | −0.06 |
| DAR Darling Ingredients Inc. | Reduce -89.5% | 0.01% | −0.06 |
| ABT Abbott Laboratories | Reduce -1.8% | 0.49% | −0.05 |
| WMT Walmart Inc. | Reduce -17.2% | 0.27% | −0.05 |
| ACWI iShares MSCI Acwi ETF | Sold out | 0.00% | −0.05 |
| OXY Occidental Petroleum Corp. | Sold out | 0.00% | −0.05 |
| JPST JPMorgan Ultra-Short Income | Reduce -31.1% | 0.07% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -29.3% | 0.08% | −0.04 |
| VNO Vornado Realty Trust | Reduce -2.1% | 0.29% | −0.03 |
| RITM Rithm Capital Corp. | Reduce -0.5% | 0.45% | −0.03 |
| FDX FedEx Corp. | Reduce -75.3% | 0.01% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -14.5% | 0.10% | −0.03 |
| BWA Borgwarner Inc. | Reduce -18.7% | 0.06% | −0.03 |
| LRCX Lam Research Corp. | Reduce -34.6% | 0.06% | −0.02 |
| KTOS Kratos Defense & Security | Reduce -1.8% | 0.08% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -10.9% | 0.09% | −0.02 |
| SPG Simon Property Group Inc. | Reduce -2.6% | 0.37% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -10.9% | 0.09% | −0.02 |
| KIM Kimco Realty Corp. | Reduce -3.6% | 0.06% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -11.4% | 0.08% | −0.01 |
| ET Energy Transfer LP | Reduce -11.0% | 0.14% | −0.01 |
| ACWX iShares MSCI Acwi Ex US ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| TXN Texas Instruments Inc. | Add +185.7% | 1.01% | +0.62 |
| NVDA Nvidia Corp. | Add +44.6% | 1.04% | +0.60 |
| MSFT Microsoft Corp. | Add +10.3% | 4.36% | +0.42 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +34.8% | 1.26% | +0.38 |
| KNTK Kinetik Holdings Inc. | New | 0.33% | +0.33 |
| IGLB iShares 10+ Year Inv GR Corp. | New | 0.33% | +0.33 |
| XIFR XPLR Infrastructure LP | New | 0.31% | +0.31 |
| DIS The Walt Disney Co. | Add +21.9% | 0.90% | +0.29 |
| ZTS Zoetis Inc. | Add +99.9% | 0.78% | +0.27 |
| C Citigroup Inc. | Add +36.7% | 0.81% | +0.27 |
| IBDV iShares Ibonds Dec 2030 Corp. | New | 0.26% | +0.26 |
| PEP Pepsico Inc. | Add +295.5% | 0.34% | +0.25 |
| AMGN Amgen Inc. | Add +1096.9% | 0.27% | +0.24 |
| USIG iShares Broad Usd Investment | New | 0.22% | +0.22 |
| JPM JPMorgan Chase & Co. | Add +8.8% | 1.60% | +0.21 |
| IBDW iShares Ibonds Dec 2031 Corp. | New | 0.20% | +0.20 |
| ETRN Equitrans Midstream Corp. | Add +243.2% | 0.25% | +0.18 |
| IVV iShares Core S&P 500 ETF | Add +22.3% | 1.03% | +0.18 |
| MDT Medtronic PLC | Add +27.6% | 0.98% | +0.17 |
| TMUS T-Mobile US Inc. | Add +114.3% | 0.34% | +0.17 |
| ABBV Abbvie Inc. | Add +4.7% | 1.75% | +0.16 |
| TT Trane Technologies PLC | Add +3.2% | 1.25% | +0.15 |
| FIS Fidelity National Info Serv | Add +21.2% | 0.53% | +0.13 |
| AMZN Amazon.com Inc. | Add +4.1% | 1.37% | +0.13 |
| BEPC Brookfield Renewable Cor-A | Add +104.4% | 0.35% | +0.13 |
| QCOM Qualcomm Inc. | Add +5.1% | 1.32% | +0.12 |
| BSCT Invesco Bulletshares 2029 CB | New | 0.12% | +0.12 |
| ETN Eaton Corp. PLC | Add +3.1% | 0.67% | +0.11 |
| TGT Target Corp. | Add +9.4% | 0.59% | +0.11 |
| ZBRA Zebra Technologies Corp. Class A | Add +110.9% | 0.20% | +0.10 |
| XOM Exxon Mobil Corp. | Add +52.4% | 0.23% | +0.09 |
| WMB Williams Cos Inc. | Add +18.6% | 0.53% | +0.08 |
| TW Tradeweb Markets Inc. Class A | New | 0.08% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +20.8% | 0.45% | +0.07 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +25.7% | 0.38% | +0.07 |
| COST Costco Wholesale Corp. | Add +16.3% | 0.52% | +0.07 |
| ORCL Oracle Corp. | Add +8.9% | 0.48% | +0.07 |
| IBM Intl Business Machines Corp. | Add +1.2% | 1.17% | +0.07 |
| SNOW Snowflake Inc. | New | 0.07% | +0.07 |
| RTX RTX Corp. | Add +5.6% | 0.66% | +0.06 |
| CAT Caterpillar Inc. | Add +2.0% | 0.46% | +0.06 |
| TD Toronto-Dominion Bank | Add +41.0% | 0.35% | +0.05 |
| WFC Wells Fargo & Co. | Add +1.3% | 0.79% | +0.05 |
| EMR Emerson Electric Co. | Add +37.6% | 0.16% | +0.05 |
| PAGP Plains GP Holdings LP | Add +4.0% | 0.75% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +5.8% | 1.18% | +0.04 |
| ULTA Ulta Beauty Inc. | Add +18.1% | 0.37% | +0.04 |
| NUE Nucor Corp. | Add +84.1% | 0.09% | +0.04 |
| TNL Travel + Leisure Co. | Add +0.5% | 0.34% | +0.04 |
| CME Cme Group Inc. | Add +20.2% | 0.39% | +0.04 |
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Sold out | 7,870 | $9.5Mbefore exit |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -5.8% | 42,278 | $1.0M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 631 | $9.3B | AAPL, AVGO, NVDA, MSFT, CSCO |
| Q1 2026 | 564 | $8.5B | AAPL, AVGO, MSFT, NVDA, C |
| Q4 2025 | 565 | $8.4B | MSFT, AAPL, AVGO, NVDA, GOOG |
| Q3 2025 | 534 | $8.0B | MSFT, AVGO, AAPL, NVDA, ABBV |
| Q2 2025 | 514 | $7.2B | MSFT, AVGO, AAPL, NVDA, PM |
| Q1 2025 | 504 | $6.4B | MSFT, AAPL, AVGO, ABBV, NVDA |
| Q4 2024 | 504 | $6.3B | AVGO, AAPL, MSFT, NVDA, BX |
| Q3 2024 | 491 | $6.1B | MSFT, AAPL, AVGO, BX, NVDA |
| Q2 2024 | 478 | $5.7B | MSFT, AAPL, AVGO, NVDA, BX |
| Q1 2024 | 463 | $5.5B | MSFT, AVGO, AAPL, BX, ABBV |