Advisors Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 27, 2025), Advisors Capital Management, LLC reported 504 stock positions worth $6.4 billion. Its top holding was Microsoft (MSFT) at 3.3% of the portfolio, followed by Apple (AAPL, 3.1%) and Broadcom (AVGO, 2.4%). Compared with Q4 2024, it opened 30 new positions, sold out of 31, added to 289 and reduced 161. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +122%) and the biggest sale Broadcom (AVGO, shares −26%).
- Most Recent 13F
- Q2 2026
- Location
- RIDGEWOOD, NJ
- CIK
- 0001345576
- Portfolio Value
- $6.4B (Q1 2025)
- SEC Filing
- 0002063364-25-000095 ↗ filed May 27, 2025
Holdings Value
Holdings 504 stocks · $6.4B
| MSFT Microsoft Corp. | 3.30% | 565,820 | $212.4M | Reduce -5.2% |
| AAPL Apple Inc. | 3.13% | 908,849 | $201.9M | Reduce -11.3% |
| AVGO Broadcom Inc. | 2.41% | 928,530 | $155.5M | Reduce -25.8% |
| ABBV Abbvie Inc. | 1.89% | 579,779 | $121.5M | Add +2.1% |
| NVDA Nvidia Corp. | 1.81% | 1,078,336 | $116.9M | Add +9.0% |
| JPM JPMorgan Chase & Co. | 1.69% | 444,671 | $109.1M | Add +0.6% |
| BX Blackstone Inc. | 1.65% | 761,643 | $106.5M | Add +1.8% |
| PM Philip Morris International | 1.64% | 664,078 | $105.4M | Reduce -1.9% |
| CVX Chevron Corp. | 1.54% | 594,427 | $99.4M | Add +5.7% |
| AMZN Amazon.com Inc. | 1.40% | 475,541 | $90.5M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.35% | 162,989 | $86.8M | Add +2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.26% | 325,312 | $80.9M | Reduce -12.5% |
| GOOG Alphabet Inc. Class C | 1.25% | 517,224 | $80.8M | Add +2.7% |
| ARCC Ares Capital Corp. | 1.25% | 3,627,990 | $80.4M | Add +3.0% |
| IVV iShares Core S&P 500 ETF | 1.23% | 141,056 | $79.3M | Add +15.3% |
| ACN Accenture PLC Class A | 1.21% | 250,118 | $78.0M | Add +101.9% |
| CSCO Cisco Systems Inc. | 1.19% | 1,241,941 | $76.6M | Add +26.0% |
| KMI Kinder Morgan Inc. | 1.19% | 2,684,521 | $76.6M | Reduce -1.7% |
| JNJ Johnson & Johnson | 1.14% | 442,801 | $73.4M | Add +10.9% |
| QCOM Qualcomm Inc. | 1.07% | 449,245 | $69.0M | Add +0.8% |
| SGOV iShares 0-3 Month Treasury B | 1.02% | 650,494 | $65.4M | Add +122.2% |
| C Citigroup Inc. | 1.01% | 917,359 | $65.1M | Add +20.1% |
| HON Honeywell International Inc. | 1.00% | 304,198 | $64.4M | Add +3.9% |
| TMO Thermo Fisher Scientific Inc. | 0.98% | 127,011 | $63.2M | Add +6.7% |
| TXN Texas Instruments Inc. | 0.98% | 349,672 | $62.8M | Add +3.9% |
| GOOGL Alphabet Inc. Class A | 0.96% | 398,885 | $61.7M | Add +4.7% |
| DUK Duke Energy Corp. | 0.94% | 494,838 | $60.4M | Add +31.5% |
| PANW Palo Alto Networks Inc. | 0.91% | 341,806 | $58.3M | Add +0.3% |
| OKE Oneok Inc. | 0.90% | 583,611 | $57.9M | Add +0.1% |
| MCD McDonald's Corp. | 0.90% | 184,760 | $57.7M | Add +3.4% |
| TT Trane Technologies PLC | 0.86% | 164,384 | $55.4M | Add +2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.85% | 450,140 | $54.8M | Add +1.3% |
| PAGP Plains GP Holdings LP | 0.81% | 2,435,140 | $52.0M | Add +1.3% |
| WPC WP Carey Inc. | 0.81% | 823,328 | $52.0M | Add +46.3% |
| RTX RTX Corp. | 0.81% | 392,224 | $52.0M | Add +1.3% |
| WFC Wells Fargo & Co. | 0.80% | 720,931 | $51.8M | Reduce -2.9% |
| UNH Unitedhealth Group Inc. | 0.80% | 98,117 | $51.4M | Add +4.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.78% | 135,839 | $50.4M | Add +106.1% |
| BMY Bristol-Myers Squibb Co. | 0.77% | 812,837 | $49.6M | Add +4.3% |
| HD Home Depot Inc. | 0.77% | 134,949 | $49.5M | Add +10.5% |
| BEPC Brookfield Renewable Corp. | 0.72% | 1,655,180 | $46.2M | Add +8.9% |
| WMB Williams Cos Inc. | 0.72% | 772,456 | $46.2M | Add +2.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.72% | 266,943 | $46.1M | Add +9.7% |
| MDT Medtronic PLC | 0.71% | 507,695 | $45.6M | Add +11.7% |
| MA Mastercard Inc. Class A | 0.69% | 80,999 | $44.4M | Reduce -0.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.66% | 432,848 | $42.7M | Add +6.0% |
| DGX Quest Diagnostics Inc. | 0.66% | 251,255 | $42.5M | Add +2.8% |
| UPS United Parcel Service Class B | 0.62% | 363,985 | $40.0M | Add +31.0% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.62% | 1,577,006 | $39.7M | Add +6.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.61% | 236,373 | $39.2M | Reduce -0.5% |
| SBRA Sabra Health Care REIT Inc. | 0.61% | 2,232,609 | $39.0M | Add +20.5% |
| PFE Pfizer Inc. | 0.60% | 1,529,067 | $38.7M | Add +53.9% |
| TMUS T-Mobile US Inc. | 0.59% | 141,669 | $37.8M | Add +1.9% |
| COST Costco Wholesale Corp. | 0.59% | 39,946 | $37.8M | Reduce -0.7% |
| WSM Williams-Sonoma Inc. | 0.58% | 235,929 | $37.3M | Reduce -1.6% |
| KVUE Kenvue Inc. | 0.57% | 1,529,161 | $36.7M | Add +64.1% |
| UL Unilever PLC | 0.56% | 610,138 | $36.3M | Reduce -14.8% |
| LMT Lockheed Martin Corp. | 0.56% | 80,545 | $36.0M | Add +3.2% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.54% | 823,381 | $35.0M | Reduce -6.9% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.53% | 499,837 | $34.0M | Add +31.9% |
| KO The Coca-Cola Co. | 0.52% | 471,034 | $33.7M | Add +37.7% |
| AON Aon PLC Class A | 0.52% | 83,379 | $33.3M | Add +2.0% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.51% | 185,017 | $33.1M | Add +1.6% |
| ORCL Oracle Corp. | 0.50% | 230,269 | $32.2M | Add +8.1% |
| MCK McKesson Corp. | 0.49% | 46,724 | $31.4M | Add +1.7% |
| BLK BlackRock Inc. | 0.49% | 33,101 | $31.3M | Add +3.1% |
| FIS Fidelity National Info Serv | 0.48% | 417,240 | $31.2M | Add +4.0% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.47% | 254,483 | $30.1M | Add +7.4% |
| OHI Omega Healthcare Investors | 0.46% | 775,112 | $29.5M | Add +1.7% |
| DE Deere & Co. | 0.45% | 61,217 | $28.7M | Add +0.9% |
| VEA Vanguard Ftse Developed ETF | 0.45% | 564,861 | $28.7M | Add +97.7% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.43% | 1,328,604 | $27.6M | Add +8.1% |
| CME Cme Group Inc. | 0.43% | 103,790 | $27.5M | Add +0.9% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 335,502 | $27.4M | Add +7.8% |
| ETN Eaton Corp. PLC | 0.42% | 100,585 | $27.3M | Add +9.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.42% | 822,536 | $27.3M | Add +2.8% |
| VRP Invesco Variable Rate Prefer | 0.42% | 1,111,634 | $26.9M | Add +8.6% |
| STWD Starwood Property Trust Inc. | 0.42% | 1,356,714 | $26.8M | Add +4.4% |
| SO The Southern Co. | 0.41% | 289,626 | $26.6M | Add +9.3% |
| ABT Abbott Laboratories | 0.41% | 198,402 | $26.3M | Add +0.0% |
| EPR Epr Properties filed as EPR PPTYS | 0.40% | 495,656 | $26.1M | Add +0.1% |
| NEE Nextera Energy Inc. | 0.40% | 361,815 | $25.6M | Add +5.7% |
| PEP Pepsico Inc. | 0.39% | 169,237 | $25.4M | Add +13.8% |
| MO Altria Group Inc. | 0.39% | 419,322 | $25.2M | Add +19.4% |
| V Visa Inc. Class A | 0.39% | 71,505 | $25.1M | Add +4.0% |
| STX Seagate Technology Holdings | 0.38% | 285,365 | $24.2M | Reduce -8.7% |
| PLD Prologis Inc. | 0.38% | 216,727 | $24.2M | Add +4.8% |
| TD Toronto-Dominion Bank | 0.37% | 402,697 | $24.1M | Add +38.7% |
| TGT Target Corp. | 0.37% | 229,725 | $24.0M | Add +19.9% |
| CAT Caterpillar Inc. | 0.37% | 72,184 | $23.8M | Add +2.3% |
| BXSL Blackstone Secured Lending F | 0.37% | 728,890 | $23.6M | Add +34.9% |
| KNTK Kinetik Holdings Inc. | 0.36% | 441,380 | $22.9M | Reduce -4.8% |
| DOW Dow Inc. | 0.35% | 648,934 | $22.7M | Add +23.9% |
| OUT Outfront Media Inc. | 0.35% | 1,383,496 | $22.3M | New |
| LIN Linde PLC | 0.35% | 47,798 | $22.3M | Add +3.0% |
| ZTS Zoetis Inc. | 0.35% | 135,077 | $22.2M | Add +2.4% |
| SYK Stryker Corp. | 0.34% | 59,224 | $22.0M | Add +1.7% |
| EXC Exelon Corp. | 0.33% | 463,422 | $21.4M | New |
| URI United Rentals Inc. | 0.33% | 33,950 | $21.3M | Add +0.7% |
| BXMT Blackstone Mortgage Tru Class A | 0.32% | 1,033,015 | $20.7M | Add +5.8% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $20.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 15,467 | $19.1M | Add +63.6% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 38,378 | $936K | Reduce -2.7% |
Total filed on the 13F, all lines: $6.5B.
Portfolio Sells Q4 2024 → Q1 2025
| AVGO Broadcom Inc. | Reduce -25.8% | 2.41% | −2.16 |
| AAPL Apple Inc. | Reduce -11.3% | 3.13% | −0.91 |
| DLN Wisdomtree US Largecap Divid | Reduce -97.9% | 0.02% | −0.74 |
| MSFT Microsoft Corp. | Reduce -5.2% | 3.30% | −0.67 |
| VNO Vornado Realty Trust | Sold out | 0.00% | −0.33 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 1.40% | −0.25 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -50.3% | 0.18% | −0.20 |
| BSY Bentley Systems Inc. Class B | Reduce -89.5% | 0.01% | −0.14 |
| NOW ServiceNow Inc. | Reduce -37.7% | 0.12% | −0.14 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.13 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -0.5% | 0.61% | −0.13 |
| MAIN Main Street Capital Corp. | Sold out | 0.00% | −0.12 |
| WSM Williams-Sonoma Inc. | Reduce -1.6% | 0.58% | −0.12 |
| XIFR XPLR Infrastructure LP | Sold out | 0.00% | −0.11 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -91.1% | 0.01% | −0.08 |
| TEL Te Connectivity PLC | Reduce -18.9% | 0.29% | −0.08 |
| UL Unilever PLC | Reduce -14.8% | 0.56% | −0.08 |
| GSBD Goldman Sachs BDC Inc. | Reduce -45.2% | 0.08% | −0.07 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -24.5% | 0.20% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -22.4% | 0.16% | −0.06 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Sold out | 0.00% | −0.06 |
| ODFL Old Dominion Freight Line | Sold out | 0.00% | −0.06 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.06 |
| KNTK Kinetik Holdings Inc. | Reduce -4.8% | 0.36% | −0.06 |
| TSLA Tesla Inc. | Reduce -3.7% | 0.08% | −0.05 |
| OCSL Oaktree Specialty Lending Co. | Sold out | 0.00% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.05 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -6.9% | 0.54% | −0.05 |
| STX Seagate Technology Holdings | Reduce -8.7% | 0.38% | −0.05 |
| CEG Constellation Energy | Reduce -17.3% | 0.13% | −0.05 |
| BALL Ball Corp. | Reduce -87.0% | 0.01% | −0.04 |
| USIG iShares Broad Usd Investment | Reduce -15.9% | 0.20% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -83.3% | 0.01% | −0.04 |
| WMT Walmart Inc. | Reduce -6.4% | 0.30% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -12.5% | 1.26% | −0.03 |
| TNL Travel + Leisure Co. | Reduce -0.3% | 0.28% | −0.03 |
| PJT PJT Partners Inc. Class A | Reduce -3.4% | 0.14% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -30.3% | 0.06% | −0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Sold out | 0.00% | −0.02 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -6.0% | 0.14% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Sold out | 0.00% | −0.02 |
| SPG Simon Property Group Inc. | Reduce -1.6% | 0.31% | −0.02 |
| HTGC Hercules Capital Inc. | Reduce -0.5% | 0.30% | −0.02 |
| SCHD Schwab US DVD Equity ETF | Reduce -22.4% | 0.07% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -2.9% | 0.80% | −0.02 |
| CCB Coastal Financial Corp. | Reduce -12.3% | 0.20% | −0.02 |
| IYG iShares U.S. Financial Servi | Sold out | 0.00% | −0.02 |
| ET Energy Transfer LP | Reduce -3.7% | 0.14% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -30.1% | 0.02% | −0.01 |
| GBIL Goldman Sachs Access Treasur | Reduce -50.4% | 0.01% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| SGOV iShares 0-3 Month Treasury B | Add +122.2% | 1.02% | +0.55 |
| ACN Accenture PLC Class A | Add +101.9% | 1.21% | +0.52 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +106.1% | 0.78% | +0.36 |
| OUT Outfront Media Inc. | New | 0.35% | +0.35 |
| EXC Exelon Corp. | New | 0.33% | +0.33 |
| WPC WP Carey Inc. | Add +46.3% | 0.81% | +0.32 |
| DUK Duke Energy Corp. | Add +31.5% | 0.94% | +0.30 |
| ABBV Abbvie Inc. | Add +2.1% | 1.89% | +0.30 |
| CSCO Cisco Systems Inc. | Add +26.0% | 1.19% | +0.27 |
| CVX Chevron Corp. | Add +5.7% | 1.54% | +0.26 |
| KVUE Kenvue Inc. | Add +64.1% | 0.57% | +0.26 |
| VEA Vanguard Ftse Developed ETF | Add +97.7% | 0.45% | +0.23 |
| JNJ Johnson & Johnson | Add +10.9% | 1.14% | +0.23 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.5% | 1.35% | +0.21 |
| KO The Coca-Cola Co. | Add +37.7% | 0.52% | +0.19 |
| PFE Pfizer Inc. | Add +53.9% | 0.60% | +0.19 |
| IGLB iShares 10+ Year Inv GR Corp. | Add +206.1% | 0.27% | +0.18 |
| C Citigroup Inc. | Add +20.1% | 1.01% | +0.16 |
| DELL Dell Technologies -C | New | 0.15% | +0.15 |
| MDT Medtronic PLC | Add +11.7% | 0.71% | +0.14 |
| TD Toronto-Dominion Bank | Add +38.7% | 0.37% | +0.13 |
| PAGP Plains GP Holdings LP | Add +1.3% | 0.81% | +0.11 |
| TMUS T-Mobile US Inc. | Add +1.9% | 0.59% | +0.10 |
| MO Altria Group Inc. | Add +19.4% | 0.39% | +0.10 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +31.9% | 0.53% | +0.10 |
| RTX RTX Corp. | Add +1.3% | 0.81% | +0.10 |
| SBRA Sabra Health Care REIT Inc. | Add +20.5% | 0.61% | +0.10 |
| IVV iShares Core S&P 500 ETF | Add +15.3% | 1.23% | +0.10 |
| FTAI Ftai Aviation Ltd. | Add +99.8% | 0.27% | +0.09 |
| BXSL Blackstone Secured Lending F | Add +34.9% | 0.37% | +0.09 |
| CVS CVS Health Corp. | Add +7.3% | 0.23% | +0.09 |
| MCD McDonald's Corp. | Add +3.4% | 0.90% | +0.08 |
| DGX Quest Diagnostics Inc. | Add +2.8% | 0.66% | +0.08 |
| WMB Williams Cos Inc. | Add +2.8% | 0.72% | +0.08 |
| MCK McKesson Corp. | Add +1.7% | 0.49% | +0.08 |
| BMY Bristol-Myers Squibb Co. | Add +4.3% | 0.77% | +0.07 |
| AMGN Amgen Inc. | Add +9.9% | 0.31% | +0.07 |
| SO The Southern Co. | Add +9.3% | 0.41% | +0.07 |
| UPS United Parcel Service Class B | Add +31.0% | 0.62% | +0.07 |
| SCHG Schwab US Large-Cap Growth | Add +410.0% | 0.09% | +0.07 |
| LRCX Lam Research Corp. | Add +164.1% | 0.11% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.7% | 0.72% | +0.07 |
| VONG Vanguard Russell 1000 Growth | Add +467.2% | 0.08% | +0.06 |
| EPR Epr Properties | Add +0.1% | 0.40% | +0.06 |
| SFY Sofi Select 500 ETF | Add +624.3% | 0.07% | +0.06 |
| HST Host Hotels & Resorts Inc. | Add +54.8% | 0.30% | +0.06 |
| SJM The JM Smucker Co. | Add +7.4% | 0.47% | +0.06 |
| CRM Salesforce Inc. | Add +155.5% | 0.11% | +0.06 |
| BEPC Brookfield Renewable Corp. | Add +8.9% | 0.72% | +0.06 |
| ABT Abbott Laboratories | Add +0.0% | 0.41% | +0.05 |
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +63.6% | 15,467 | $19.1M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -2.7% | 38,378 | $936K |
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 |