Advisors Capital Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Advisors Capital Management, LLC reported 504 stock positions worth $6.3 billion. Its top holding was Broadcom (AVGO) at 4.6% of the portfolio, followed by Apple (AAPL, 4.0%) and Microsoft (MSFT, 4.0%). Compared with Q3 2024, it opened 38 new positions, sold out of 25, added to 284 and reduced 160. The biggest buy was Wisdomtree US Largecap Divid (DLN, shares +3648%) and the biggest sale an exit from Outfront Media (OUT).
- Most Recent 13F
- Q2 2026
- Location
- RIDGEWOOD, NJ
- CIK
- 0001345576
- Portfolio Value
- $6.3B (Q4 2024)
- SEC Filing
- 0001345576-25-000009 ↗ filed Feb 13, 2025
Holdings Value
Holdings 504 stocks · $6.3B
| AVGO Broadcom Inc. | 4.57% | 1,250,600 | $289.9M | Reduce -2.8% |
| AAPL Apple Inc. | 4.04% | 1,024,384 | $256.5M | Add +1.4% |
| MSFT Microsoft Corp. | 3.96% | 596,799 | $251.6M | Add +2.1% |
| NVDA Nvidia Corp. | 2.09% | 989,061 | $132.8M | Add +2.7% |
| BX Blackstone Inc. | 2.03% | 748,014 | $129.0M | Reduce -2.5% |
| JPM JPMorgan Chase & Co. | 1.67% | 442,024 | $106.0M | Add +0.1% |
| AMZN Amazon.com Inc. | 1.66% | 479,782 | $105.3M | Add +8.0% |
| ABBV Abbvie Inc. | 1.59% | 567,558 | $100.9M | Add +2.2% |
| GOOG Alphabet Inc. Class C | 1.51% | 503,464 | $95.9M | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.29% | 371,824 | $81.7M | Add +0.1% |
| CVX Chevron Corp. | 1.28% | 562,406 | $81.5M | Add +1.5% |
| PM Philip Morris International | 1.28% | 676,624 | $81.4M | Add +1.1% |
| ARCC Ares Capital Corp. | 1.22% | 3,523,651 | $77.1M | Add +3.1% |
| KMI Kinder Morgan Inc. | 1.18% | 2,730,231 | $74.8M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 1.14% | 380,952 | $72.1M | Add +3.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.14% | 159,039 | $72.1M | Add +2.6% |
| IVV iShares Core S&P 500 ETF | 1.13% | 122,313 | $72.0M | Add +12.5% |
| QCOM Qualcomm Inc. | 1.08% | 445,768 | $68.5M | Add +3.2% |
| HON Honeywell International Inc. | 1.04% | 292,891 | $66.2M | Add +2.7% |
| TXN Texas Instruments Inc. | 1.00% | 336,702 | $63.1M | Add +2.0% |
| PANW Palo Alto Networks Inc. | 0.98% | 340,670 | $62.0M | Reduce -1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.98% | 119,044 | $61.9M | Add +3.0% |
| TT Trane Technologies PLC | 0.94% | 160,686 | $59.3M | Add +2.5% |
| OKE Oneok Inc. | 0.92% | 582,900 | $58.5M | Reduce -1.2% |
| CSCO Cisco Systems Inc. | 0.92% | 985,526 | $58.3M | Add +2.9% |
| JNJ Johnson & Johnson | 0.91% | 399,137 | $57.7M | Reduce -3.3% |
| C Citigroup Inc. | 0.85% | 763,582 | $53.7M | Add +1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.85% | 444,327 | $53.7M | Reduce -4.3% |
| WFC Wells Fargo & Co. | 0.82% | 742,261 | $52.1M | Reduce -1.4% |
| MCD McDonald's Corp. | 0.82% | 178,703 | $51.8M | Add +3.6% |
| DLN Wisdomtree US Largecap Divid | 0.75% | 614,484 | $47.8M | Add +3647.8% |
| HD Home Depot Inc. | 0.75% | 122,134 | $47.5M | Add +5.7% |
| UNH Unitedhealth Group Inc. | 0.75% | 93,625 | $47.4M | Reduce -1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.74% | 237,503 | $46.9M | Reduce -3.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.72% | 408,461 | $45.5M | Add +1.1% |
| RTX RTX Corp. | 0.71% | 387,143 | $44.8M | Add +1.0% |
| WSM Williams-Sonoma Inc. | 0.70% | 239,848 | $44.4M | Reduce -0.2% |
| PAGP Plains GP Holdings LP | 0.70% | 2,403,410 | $44.2M | Add +2.3% |
| BMY Bristol-Myers Squibb Co. | 0.69% | 778,963 | $44.1M | Add +12.1% |
| ACN Accenture PLC Class A | 0.69% | 123,877 | $43.6M | Add +0.7% |
| MA Mastercard Inc. Class A | 0.68% | 81,707 | $43.0M | Add +1.8% |
| BEPC Brookfield Renewable Corp. | 0.66% | 1,519,143 | $42.0M | Add +0.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.65% | 243,427 | $41.2M | Add +8.3% |
| WMB Williams Cos Inc. | 0.64% | 751,390 | $40.7M | Add +0.7% |
| UL Unilever PLC | 0.64% | 716,472 | $40.6M | Add +2.3% |
| DUK Duke Energy Corp. | 0.64% | 376,321 | $40.5M | Add +1.5% |
| LMT Lockheed Martin Corp. | 0.60% | 78,027 | $37.9M | Add +2.4% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.59% | 884,795 | $37.7M | Add +0.9% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.59% | 1,488,189 | $37.6M | Add +0.7% |
| DGX Quest Diagnostics Inc. | 0.58% | 244,484 | $36.9M | Add +2.7% |
| COST Costco Wholesale Corp. | 0.58% | 40,243 | $36.9M | Add +2.4% |
| MDT Medtronic PLC | 0.57% | 454,603 | $36.3M | Reduce -22.8% |
| ORCL Oracle Corp. | 0.56% | 212,941 | $35.5M | Add +3.5% |
| UPS United Parcel Service Class B | 0.55% | 277,859 | $35.0M | Reduce -9.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.54% | 182,085 | $34.2M | Reduce -0.7% |
| BLK BlackRock Inc. | 0.52% | 32,094 | $32.9M | New |
| FIS Fidelity National Info Serv | 0.51% | 400,983 | $32.4M | Reduce -0.5% |
| SBRA Sabra Health Care REIT Inc. | 0.51% | 1,852,104 | $32.1M | Reduce -0.2% |
| TMUS T-Mobile US Inc. | 0.48% | 139,096 | $30.7M | Add +1.5% |
| WPC WP Carey Inc. | 0.48% | 562,654 | $30.7M | Reduce -17.0% |
| ETN Eaton Corp. PLC | 0.48% | 91,533 | $30.4M | Reduce -14.6% |
| SGOV iShares 0-3 Month Treasury B | 0.46% | 292,738 | $29.4M | Reduce -8.9% |
| AON Aon PLC Class A | 0.46% | 81,765 | $29.4M | Add +0.1% |
| OHI Omega Healthcare Investors | 0.45% | 761,858 | $28.8M | Add +4.3% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.43% | 378,977 | $27.1M | Add +10.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 65,919 | $27.1M | Add +11.1% |
| STX Seagate Technology Holdings | 0.42% | 312,372 | $27.0M | Add +0.7% |
| PFE Pfizer Inc. | 0.42% | 993,682 | $26.4M | Reduce -26.4% |
| KNTK Kinetik Holdings Inc. | 0.41% | 463,801 | $26.3M | Reduce -1.1% |
| SPIB SS SPDR P Int C Corp. ETF | 0.41% | 800,042 | $26.2M | Add +0.2% |
| MCK McKesson Corp. | 0.41% | 45,959 | $26.2M | Add +2.6% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.41% | 236,944 | $26.1M | Add +2.7% |
| TGT Target Corp. | 0.41% | 191,653 | $25.9M | Reduce -4.4% |
| DE Deere & Co. | 0.41% | 60,665 | $25.7M | Add +2.4% |
| CAT Caterpillar Inc. | 0.40% | 70,548 | $25.6M | Add +0.5% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.39% | 1,228,959 | $25.0M | Add +94.2% |
| VCIT Vanguard Int-Term Corporate | 0.39% | 311,170 | $25.0M | Add +5.0% |
| VRP Invesco Variable Rate Prefer | 0.39% | 1,023,617 | $24.8M | Add +2.8% |
| STWD Starwood Property Trust Inc. | 0.39% | 1,299,076 | $24.6M | Add +2.3% |
| NEE Nextera Energy Inc. | 0.39% | 342,294 | $24.5M | Add +7.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 40,863 | $23.9M | Add +45.7% |
| CME Cme Group Inc. | 0.38% | 102,818 | $23.9M | Add +0.8% |
| URI United Rentals Inc. | 0.37% | 33,710 | $23.7M | Reduce -2.1% |
| TEL Te Connectivity PLC | 0.36% | 161,042 | $23.0M | Add +0.8% |
| PEP Pepsico Inc. | 0.36% | 148,688 | $22.6M | Reduce -4.7% |
| ABT Abbott Laboratories | 0.35% | 198,325 | $22.4M | Add +2.2% |
| ROST Ross Stores Inc. | 0.35% | 147,446 | $22.3M | Add +6.5% |
| EPR Epr Properties filed as EPR PPTYS | 0.35% | 495,055 | $21.9M | Add +2.4% |
| PLD Prologis Inc. | 0.34% | 206,741 | $21.9M | Add +0.4% |
| SO The Southern Co. | 0.34% | 265,062 | $21.8M | Add +9.9% |
| V Visa Inc. Class A | 0.34% | 68,780 | $21.7M | Reduce -7.5% |
| ZTS Zoetis Inc. | 0.34% | 131,972 | $21.5M | Add +4.3% |
| KO The Coca-Cola Co. | 0.34% | 342,182 | $21.3M | Add +2.6% |
| WMT Walmart Inc. | 0.33% | 234,807 | $21.2M | Reduce -5.6% |
| SPG Simon Property Group Inc. | 0.33% | 122,975 | $21.2M | Reduce -7.9% |
| DOW Dow Inc. | 0.33% | 523,636 | $21.0M | Reduce -2.0% |
| VNO Vornado Realty Trust | 0.33% | 499,502 | $21.0M | Reduce -11.7% |
| SYK Stryker Corp. | 0.33% | 58,237 | $21.0M | Add +2.2% |
| HTGC Hercules Capital Inc. | 0.32% | 1,018,210 | $20.5M | Add +6.5% |
| TNL Travel + Leisure Co. | 0.32% | 396,662 | $20.0M | Add +0.7% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $12.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 9,452 | $11.5M | Add +5.0% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 39,438 | $969K | Reduce -3.8% |
Total filed on the 13F, all lines: $6.4B.
Portfolio Sells Q3 2024 → Q4 2024
| OUT Outfront Media Inc. | Sold out | 0.00% | −0.41 |
| AY Atlantica Sustainable Infras | Sold out | 0.00% | −0.41 |
| MDT Medtronic PLC | Reduce -22.8% | 0.57% | −0.29 |
| IGLB iShares 10+ Year Inv GR Corp. | Reduce -71.4% | 0.09% | −0.26 |
| PFE Pfizer Inc. | Reduce -26.4% | 0.42% | −0.22 |
| TKR Timken Co. | Reduce -67.3% | 0.08% | −0.21 |
| WPC WP Carey Inc. | Reduce -17.0% | 0.48% | −0.21 |
| JNJ Johnson & Johnson | Reduce -3.3% | 0.91% | −0.18 |
| UNH Unitedhealth Group Inc. | Reduce -1.6% | 0.75% | −0.16 |
| XIFR XPLR Infrastructure LP | Reduce -34.7% | 0.11% | −0.15 |
| IBDT iShares Ibonds Dec 2028 ETF | Reduce -54.2% | 0.12% | −0.15 |
| DOW Dow Inc. | Reduce -2.0% | 0.33% | −0.14 |
| TD Toronto-Dominion Bank | Reduce -22.6% | 0.24% | −0.14 |
| UPS United Parcel Service Class B | Reduce -9.7% | 0.55% | −0.13 |
| TGT Target Corp. | Reduce -4.4% | 0.41% | −0.10 |
| ETN Eaton Corp. PLC | Reduce -14.6% | 0.48% | −0.10 |
| URI United Rentals Inc. | Reduce -2.1% | 0.37% | −0.08 |
| PEP Pepsico Inc. | Reduce -4.7% | 0.36% | −0.08 |
| SGOV iShares 0-3 Month Treasury B | Reduce -8.9% | 0.46% | −0.06 |
| DHR Danaher Corp. | Reduce -9.5% | 0.17% | −0.06 |
| SBRA Sabra Health Care REIT Inc. | Reduce -0.2% | 0.51% | −0.06 |
| LEN Lennar Corp. Class A | Reduce -0.6% | 0.10% | −0.04 |
| TJX TJX Companies Inc. | Reduce -4.3% | 0.85% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -4.2% | 0.19% | −0.04 |
| FIS Fidelity National Info Serv | Reduce -0.5% | 0.51% | −0.04 |
| CEG Constellation Energy | Reduce -1.7% | 0.17% | −0.04 |
| SPG Simon Property Group Inc. | Reduce -7.9% | 0.33% | −0.03 |
| VNO Vornado Realty Trust | Reduce -11.7% | 0.33% | −0.03 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -2.0% | 0.18% | −0.03 |
| GXO Gxo Logistics Inc. | Reduce -6.3% | 0.08% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -2.0% | 0.09% | −0.02 |
| LHX L3HARRIS Technologies Inc. | Reduce -0.2% | 0.11% | −0.02 |
| BSY Bentley Systems Inc. Class B | Reduce -0.1% | 0.15% | −0.02 |
| STE Steris PLC | Reduce -53.9% | 0.01% | −0.02 |
| BALL Ball Corp. | Reduce -6.0% | 0.05% | −0.02 |
| BSCU Invesco Bulletshares 2030 CB | Reduce -0.5% | 0.22% | −0.02 |
| BRKR Bruker Corp. | Reduce -2.3% | 0.07% | −0.02 |
| SCHF Schwab Intl Equity ETF | Reduce -8.3% | 0.06% | −0.02 |
| SHW The Sherwin-Williams Co. | Reduce -4.5% | 0.07% | −0.01 |
| JPST JPMorgan Ultra-Short Income | Reduce -14.8% | 0.06% | −0.01 |
| GBIL Goldman Sachs Access Treasur | Reduce -33.2% | 0.02% | −0.01 |
| VLTO Veralto Corp. | Reduce -0.8% | 0.09% | −0.01 |
| MTG Mgic Investment Corp. | Reduce -1.2% | 0.09% | −0.01 |
| FCN Fti Consulting Inc. | Reduce -1.0% | 0.05% | −0.01 |
| ODFL Old Dominion Freight Line | Reduce -2.1% | 0.06% | −0.01 |
| AEM Agnico Eagle Mines Ltd. | Reduce -1.6% | 0.14% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -2.0% | 0.02% | −0.01 |
| HES Hess Corp. | Reduce -22.7% | 0.03% | −0.01 |
| RELX Relx PLC - Spon ADR | Reduce -1.0% | 0.10% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| DLN Wisdomtree US Largecap Divid | Add +3647.8% | 0.75% | +0.73 |
| BLK BlackRock Inc. | New | 0.52% | +0.52 |
| AMZN Amazon.com Inc. | Add +8.0% | 1.66% | +0.31 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.27% | +0.27 |
| CL Colgate-Palmolive Co. | New | 0.26% | +0.26 |
| HST Host Hotels & Resorts Inc. | New | 0.24% | +0.24 |
| LIN Linde PLC | Add +252.6% | 0.31% | +0.20 |
| AAPL Apple Inc. | Add +1.4% | 4.04% | +0.20 |
| NVDA Nvidia Corp. | Add +2.7% | 2.09% | +0.19 |
| IBDW iShares Ibonds Dec 2031 Corp. | Add +94.2% | 0.39% | +0.18 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 1.67% | +0.15 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 1.51% | +0.15 |
| GOOGL Alphabet Inc. Class A | Add +3.3% | 1.14% | +0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +45.7% | 0.38% | +0.12 |
| IVV iShares Core S&P 500 ETF | Add +12.5% | 1.13% | +0.11 |
| BMY Bristol-Myers Squibb Co. | Add +12.1% | 0.69% | +0.11 |
| WHR Whirlpool Corp. | Add +41.8% | 0.30% | +0.10 |
| CSCO Cisco Systems Inc. | Add +2.9% | 0.92% | +0.09 |
| WMB Williams Cos Inc. | Add +0.7% | 0.64% | +0.09 |
| DIS The Walt Disney Co. | Add +1.1% | 0.72% | +0.08 |
| HON Honeywell International Inc. | Add +2.7% | 1.04% | +0.08 |
| C Citigroup Inc. | Add +1.4% | 0.85% | +0.08 |
| TSLA Tesla Inc. | Add +27.3% | 0.14% | +0.07 |
| MO Altria Group Inc. | Add +26.1% | 0.29% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +11.1% | 0.43% | +0.05 |
| LLY Eli Lilly & Co. | Add +102.2% | 0.13% | +0.05 |
| MCK McKesson Corp. | Add +2.6% | 0.41% | +0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.05% | +0.05 |
| ARCC Ares Capital Corp. | Add +3.1% | 1.22% | +0.05 |
| GE General Electric | Add +559.6% | 0.05% | +0.04 |
| LRCX Lam Research Corp. | New | 0.04% | +0.04 |
| XLV SS Health Care Select Sector | Add +527.8% | 0.04% | +0.04 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +10.7% | 0.43% | +0.04 |
| MA Mastercard Inc. Class A | Add +1.8% | 0.68% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +17.7% | 0.14% | +0.03 |
| PCOR Procore Technologies Inc. | Add +1.3% | 0.17% | +0.03 |
| BXMT Blackstone Mortgage Tru Class A | Add +25.3% | 0.27% | +0.03 |
| ET Energy Transfer LP | Add +1.3% | 0.15% | +0.03 |
| NFLX Netflix Inc. | Add +2.1% | 0.12% | +0.02 |
| BXSL Blackstone Secured Lending F | Add +2.5% | 0.28% | +0.02 |
| TMUS T-Mobile US Inc. | Add +1.5% | 0.48% | +0.02 |
| PJT PJT Partners Inc. Class A | Add +0.4% | 0.17% | +0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +48.4% | 0.06% | +0.02 |
| SCHG Schwab US Large-Cap Growth | New | 0.02% | +0.02 |
| TNL Travel + Leisure Co. | Add +0.7% | 0.32% | +0.02 |
| ULTA Ulta Beauty Inc. | Add +0.5% | 0.24% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +228.7% | 0.03% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +12.5% | 0.23% | +0.02 |
| MAIN Main Street Capital Corp. | Add +2.9% | 0.12% | +0.02 |
| HTGC Hercules Capital Inc. | Add +6.5% | 0.32% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +5.0% | 9,452 | $11.5M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -3.8% | 39,438 | $969K |
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 |