Advisors Capital Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 29, 2026), Advisors Capital Management, LLC reported 565 stock positions worth $8.4 billion. Its top holding was Microsoft (MSFT) at 3.5% of the portfolio, followed by Apple (AAPL, 3.2%) and Broadcom (AVGO, 3.2%). Compared with Q3 2025, it opened 53 new positions, sold out of 23, added to 329 and reduced 155. The biggest buy was Starwood Property Trust (STWD, shares +157%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −52%).
- Most Recent 13F
- Q2 2026
- Location
- RIDGEWOOD, NJ
- CIK
- 0001345576
- Portfolio Value
- $8.4B (Q4 2025)
- SEC Filing
- 0002063364-26-000044 ↗ filed Jan 29, 2026
Holdings Value
Holdings 565 stocks · $8.4B
| MSFT Microsoft Corp. | 3.52% | 610,229 | $295.1M | Add +2.7% |
| AAPL Apple Inc. | 3.24% | 1,001,087 | $272.2M | Add +3.2% |
| AVGO Broadcom Inc. | 3.22% | 780,470 | $270.1M | Reduce -6.8% |
| NVDA Nvidia Corp. | 2.65% | 1,190,200 | $222.0M | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 1.77% | 472,149 | $148.2M | Reduce -8.8% |
| ABBV Abbvie Inc. | 1.73% | 634,242 | $144.9M | Add +3.3% |
| C Citigroup Inc. | 1.67% | 1,202,298 | $140.3M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 1.65% | 430,861 | $138.8M | Add +1.0% |
| BX Blackstone Inc. | 1.54% | 837,482 | $129.1M | Add +3.1% |
| GOOGL Alphabet Inc. Class A | 1.52% | 407,159 | $127.4M | Reduce -2.3% |
| IVV iShares Core S&P 500 ETF | 1.49% | 182,258 | $124.8M | Add +6.3% |
| AMZN Amazon.com Inc. | 1.47% | 535,698 | $123.6M | Add +3.8% |
| CSCO Cisco Systems Inc. | 1.44% | 1,573,382 | $121.2M | Add +2.8% |
| PM Philip Morris International | 1.40% | 730,182 | $117.1M | Add +4.5% |
| JNJ Johnson & Johnson | 1.29% | 524,946 | $108.6M | Add +1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.27% | 358,993 | $106.3M | Add +3.4% |
| CVX Chevron Corp. | 1.10% | 606,900 | $92.5M | Add +1.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.10% | 188,852 | $92.1M | Add +11.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.07% | 178,942 | $89.9M | Add +2.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.03% | 562,464 | $86.4M | Add +4.1% |
| KMI Kinder Morgan Inc. | 0.97% | 2,955,890 | $81.3M | Add +4.3% |
| QCOM Qualcomm Inc. | 0.91% | 448,396 | $76.7M | Add +1.8% |
| SPHY SS SPDR P High Yield ETF | 0.90% | 3,186,914 | $75.4M | Add +5.3% |
| RTX RTX Corp. | 0.89% | 407,416 | $74.7M | Add +2.3% |
| ARCC Ares Capital Corp. | 0.86% | 3,566,790 | $72.2M | Add +13.5% |
| ACN Accenture PLC Class A | 0.86% | 268,535 | $72.0M | Reduce -4.1% |
| TT Trane Technologies PLC | 0.82% | 176,483 | $68.7M | Add +2.5% |
| BEPC Brookfield Renewable Corp. | 0.81% | 1,763,673 | $67.6M | Reduce -1.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.80% | 351,413 | $67.1M | Add +5.4% |
| DUK Duke Energy Corp. | 0.80% | 571,835 | $67.0M | Add +5.5% |
| STWD Starwood Property Trust Inc. | 0.79% | 3,702,935 | $66.7M | Add +157.3% |
| PANW Palo Alto Networks Inc. | 0.78% | 357,071 | $65.8M | Add +2.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.78% | 214,895 | $65.3M | Reduce -7.9% |
| MCD McDonald's Corp. | 0.77% | 210,753 | $64.4M | Add +5.6% |
| HON Honeywell International Inc. | 0.76% | 324,980 | $63.4M | Reduce -0.4% |
| PFE Pfizer Inc. | 0.75% | 2,512,525 | $62.6M | Add +4.2% |
| WPC WP Carey Inc. | 0.74% | 966,856 | $62.2M | Add +5.7% |
| OKE Oneok Inc. | 0.69% | 782,192 | $57.5M | Add +3.0% |
| WFC Wells Fargo & Co. | 0.68% | 612,384 | $57.1M | Add +2.6% |
| KO The Coca-Cola Co. | 0.67% | 808,581 | $56.5M | Add +6.7% |
| TXN Texas Instruments Inc. | 0.67% | 325,175 | $56.4M | Reduce -2.3% |
| ORCL Oracle Corp. | 0.65% | 279,756 | $54.5M | Reduce -0.2% |
| DGX Quest Diagnostics Inc. | 0.65% | 313,838 | $54.5M | Add +5.4% |
| PAGP Plains GP Holdings LP | 0.65% | 2,829,953 | $54.2M | Add +6.1% |
| VZ Verizon Communications Inc. | 0.64% | 1,309,264 | $53.3M | Add +55.1% |
| OUT Outfront Media Inc. | 0.63% | 2,197,760 | $53.0M | Add +0.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.62% | 629,421 | $51.9M | Add +5.2% |
| BMY Bristol-Myers Squibb Co. | 0.60% | 934,995 | $50.4M | Add +2.3% |
| STX Seagate Technology Holdings | 0.59% | 181,266 | $49.9M | Reduce -7.2% |
| HD Home Depot Inc. | 0.59% | 144,982 | $49.9M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.59% | 72,424 | $49.4M | Add +224.5% |
| MA Mastercard Inc. Class A | 0.59% | 86,267 | $49.2M | Add +2.3% |
| WMB Williams Cos Inc. | 0.58% | 811,198 | $48.8M | Add +1.5% |
| SBRA Sabra Health Care REIT Inc. | 0.54% | 2,382,935 | $45.1M | Add +3.2% |
| WSM Williams-Sonoma Inc. | 0.53% | 248,481 | $44.4M | Add +1.7% |
| CAT Caterpillar Inc. | 0.52% | 76,876 | $44.0M | Reduce -0.3% |
| MDT Medtronic PLC | 0.52% | 454,855 | $43.7M | Add +4.5% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.50% | 206,950 | $41.7M | Add +3.8% |
| OHI Omega Healthcare Investors | 0.49% | 936,433 | $41.5M | Add +2.0% |
| LMT Lockheed Martin Corp. | 0.49% | 85,458 | $41.3M | Add +0.2% |
| TD Toronto-Dominion Bank | 0.49% | 437,323 | $41.2M | Add +2.7% |
| META Meta Platforms Inc. Class A | 0.49% | 62,164 | $41.0M | Add +27.3% |
| UL Unilever PLC-Sponsored ADR | 0.48% | 614,490 | $40.2M | Add +3.9% |
| PG The Procter & Gamble Co. | 0.47% | 274,884 | $39.4M | Add +1211.6% |
| COST Costco Wholesale Corp. | 0.47% | 45,650 | $39.4M | Add +5.7% |
| MCK McKesson Corp. | 0.46% | 47,352 | $38.8M | Reduce -0.8% |
| BLK BlackRock Inc. | 0.45% | 35,129 | $37.6M | Add +2.1% |
| TMO Thermo Fisher Scientific Inc. | 0.45% | 64,680 | $37.5M | Reduce -44.5% |
| DIVB iShares Core Dividend ETF | 0.44% | 689,600 | $36.7M | Add +536.9% |
| VCIT Vanguard Int-Term Corporate | 0.43% | 430,933 | $36.1M | Add +10.9% |
| VEA Vanguard Ftse Developed ETF | 0.43% | 575,203 | $35.9M | Reduce -4.8% |
| IBDW iShares Ibonds Dec 2031 Corp. | 0.42% | 1,664,118 | $35.2M | Add +5.8% |
| VRP Invesco Variable Rate Prefer | 0.41% | 1,425,305 | $34.7M | Add +9.9% |
| FTAI Ftai Aviation Ltd. | 0.41% | 175,080 | $34.5M | Reduce -0.9% |
| PEP Pepsico Inc. | 0.41% | 239,723 | $34.4M | Reduce -8.1% |
| SGOV iShares 0-3 Month Treasury B | 0.40% | 338,462 | $34.0M | Reduce -52.1% |
| ETN Eaton Corp. PLC | 0.40% | 105,086 | $33.5M | Add +1.9% |
| SPIB SS SPDR P Int C Corp. ETF | 0.40% | 987,670 | $33.4M | Add +14.8% |
| KVUE Kenvue Inc. | 0.39% | 1,908,171 | $32.9M | Add +17.8% |
| NEE Nextera Energy Inc. | 0.39% | 402,752 | $32.3M | Add +0.6% |
| AON Aon PLC Class A | 0.38% | 90,353 | $31.9M | Add +1.1% |
| TMUS T-Mobile US Inc. | 0.37% | 154,597 | $31.4M | Add +16.9% |
| HST Host Hotels & Resorts Inc. | 0.37% | 1,761,030 | $31.2M | Add +0.8% |
| ROST Ross Stores Inc. | 0.37% | 171,174 | $30.8M | Add +0.4% |
| CME Cme Group Inc. | 0.37% | 112,901 | $30.8M | Add +2.6% |
| DE Deere & Co. | 0.36% | 64,032 | $29.8M | Add +2.2% |
| MO Altria Group Inc. | 0.35% | 516,149 | $29.8M | Add +7.5% |
| FIS Fidelity National Info Serv | 0.35% | 444,174 | $29.5M | Reduce -2.6% |
| TEL Te Connectivity PLC | 0.35% | 129,409 | $29.4M | Reduce -1.9% |
| PLD Prologis Inc. | 0.34% | 224,469 | $28.7M | Reduce -0.9% |
| TNL Travel + Leisure Co. | 0.34% | 405,370 | $28.6M | Add +0.2% |
| TGT Target Corp. | 0.34% | 288,331 | $28.2M | Add +14.0% |
| CB Chubb Ltd. | 0.34% | 90,277 | $28.2M | Add +5.3% |
| CASY Casey's General Stores Inc. | 0.33% | 49,629 | $27.4M | Add +2.6% |
| SO The Southern Co. | 0.32% | 306,039 | $26.7M | Add +1.2% |
| V Visa Inc. Class A | 0.32% | 76,073 | $26.7M | Add +6.0% |
| ABT Abbott Laboratories | 0.31% | 209,652 | $26.3M | Add +3.3% |
| LTC LTC Properties Inc. filed as LTC PPTYS INC | 0.31% | 763,536 | $26.3M | Add +1.7% |
| IBDU iShares Ibonds Dec 2029 Term | 0.31% | 1,096,937 | $25.7M | Add +8.7% |
| URI United Rentals Inc. | 0.31% | 31,624 | $25.6M | Reduce -0.4% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $112.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 1,197,818 | $82.7M | Add +5.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 23,871 | $29.9M | Add +2.3% |
Total filed on the 13F, all lines: $8.5B.
Portfolio Sells Q3 2025 → Q4 2025
| SGOV iShares 0-3 Month Treasury B | Reduce -52.1% | 0.40% | −0.49 |
| ORCL Oracle Corp. | Reduce -0.2% | 0.65% | −0.34 |
| TMO Thermo Fisher Scientific Inc. | Reduce -44.5% | 0.45% | −0.26 |
| AVGO Broadcom Inc. | Reduce -6.8% | 3.22% | −0.25 |
| CL Colgate-Palmolive Co. | Reduce -93.0% | 0.01% | −0.21 |
| NVDA Nvidia Corp. | Reduce -1.8% | 2.65% | −0.19 |
| POOL Pool Corp. | Reduce -49.9% | 0.08% | −0.15 |
| ZTS Zoetis Inc. | Reduce -37.8% | 0.14% | −0.14 |
| HON Honeywell International Inc. | Reduce -0.4% | 0.76% | −0.11 |
| TXN Texas Instruments Inc. | Reduce -2.3% | 0.67% | −0.10 |
| SJM The JM Smucker Co. | Reduce -9.2% | 0.30% | −0.09 |
| URI United Rentals Inc. | Reduce -0.4% | 0.31% | −0.08 |
| LIN Linde PLC | Reduce -9.9% | 0.23% | −0.07 |
| VLTO Veralto Corp. | Reduce -92.1% | 0.01% | −0.07 |
| NFLX Netflix Inc. | Reduce -9.8% | 0.14% | −0.07 |
| GSBD Goldman Sachs BDC Inc. | Sold out | 0.00% | −0.07 |
| SCHD Schwab US DVD Equity ETF | Sold out | 0.00% | −0.06 |
| KTOS Kratos Defense & Security | Reduce -4.4% | 0.15% | −0.05 |
| PEP Pepsico Inc. | Reduce -8.1% | 0.41% | −0.05 |
| FBTC Fidelity Wise Origin Bitcoin | Sold out | 0.00% | −0.05 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.05 |
| IYK iShares US Consumer Staples | Sold out | 0.00% | −0.04 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -7.9% | 0.78% | −0.04 |
| FOXF Fox Factory Holding Corp. | Sold out | 0.00% | −0.04 |
| GIS General Mills Inc. | Reduce -8.1% | 0.14% | −0.03 |
| WM Waste Management Inc. | Reduce -20.7% | 0.08% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.8% | 0.43% | −0.03 |
| FIS Fidelity National Info Serv | Reduce -2.6% | 0.35% | −0.03 |
| SOLS Solstice Adv Materials Inc. | Reduce -46.6% | 0.03% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -17.9% | 0.12% | −0.02 |
| PJT PJT Partners Inc. Class A | Reduce -6.6% | 0.11% | −0.02 |
| WMS Advanced Drainage Systems Inc. | Reduce -39.3% | 0.03% | −0.02 |
| BXSL Blackstone Secured Lending F | Reduce -7.2% | 0.18% | −0.02 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -10.6% | 0.05% | −0.02 |
| CAVA Cava Group Inc. | Sold out | 0.00% | −0.02 |
| SNPS Synopsys Inc. | Reduce -29.4% | 0.03% | −0.02 |
| AZO AutoZone Inc. | Reduce -0.3% | 0.05% | −0.02 |
| STVN Stevanato Group SPA | Reduce -2.0% | 0.04% | −0.02 |
| APPF Appfolio Inc. Class A | Reduce -1.4% | 0.05% | −0.01 |
| TEL Te Connectivity PLC | Reduce -1.9% | 0.35% | −0.01 |
| VIRT Virtu Financial Inc. Class A | Reduce -1.1% | 0.09% | −0.01 |
| PCOR Procore Technologies Inc. | Reduce -2.3% | 0.14% | −0.01 |
| UTZ Utz Brands Inc. | Reduce -3.4% | 0.03% | −0.01 |
| ACN Accenture PLC Class A | Reduce -4.1% | 0.86% | −0.01 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -1.0% | 0.12% | −0.01 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -1.9% | 0.13% | −0.01 |
| TW Tradeweb Markets Inc. Class A | Reduce -2.2% | 0.05% | −0.01 |
| ITW Illinois Tool Works | Reduce -32.2% | 0.01% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -20.7% | 0.01% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| STWD Starwood Property Trust Inc. | Add +157.3% | 0.79% | +0.45 |
| PG The Procter & Gamble Co. | Add +1211.6% | 0.47% | +0.43 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +224.5% | 0.59% | +0.40 |
| DIVB iShares Core Dividend ETF | Add +536.9% | 0.44% | +0.37 |
| SBUX Starbucks Corp. | Add +1607.2% | 0.24% | +0.22 |
| VZ Verizon Communications Inc. | Add +55.1% | 0.64% | +0.17 |
| HSY The Hershey Co. | Add +1574.1% | 0.18% | +0.17 |
| AAPL Apple Inc. | Add +3.2% | 3.24% | +0.14 |
| CSCO Cisco Systems Inc. | Add +2.8% | 1.44% | +0.13 |
| OUT Outfront Media Inc. | Add +0.0% | 0.63% | +0.13 |
| EBAY eBay Inc. | New | 0.12% | +0.12 |
| JNJ Johnson & Johnson | Add +1.8% | 1.29% | +0.09 |
| BMY Bristol-Myers Squibb Co. | Add +2.3% | 0.60% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +11.0% | 1.10% | +0.07 |
| FHLC Fidelity MSCI Health Care | New | 0.06% | +0.06 |
| TD Toronto-Dominion Bank | Add +2.7% | 0.49% | +0.06 |
| DLN Wisdomtree US Largecap Divid | Add +251.0% | 0.09% | +0.06 |
| KVUE Kenvue Inc. | Add +17.8% | 0.39% | +0.06 |
| SPGI S&P Global Inc. | Add +512.7% | 0.07% | +0.06 |
| ARCC Ares Capital Corp. | Add +13.5% | 0.86% | +0.05 |
| RTX RTX Corp. | Add +2.3% | 0.89% | +0.05 |
| WFC Wells Fargo & Co. | Add +2.6% | 0.68% | +0.05 |
| TGT Target Corp. | Add +14.0% | 0.34% | +0.05 |
| AMZN Amazon.com Inc. | Add +3.8% | 1.47% | +0.05 |
| TJX TJX Companies Inc. | Add +4.1% | 1.03% | +0.05 |
| AMD Advanced Micro Devices | Add +15.3% | 0.16% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +6.3% | 1.49% | +0.05 |
| MRK Merck & Co. Inc. | Add +7.2% | 0.21% | +0.04 |
| SCHG Schwab US Large-Cap Growth | Add +23.1% | 0.27% | +0.04 |
| KO The Coca-Cola Co. | Add +6.7% | 0.67% | +0.04 |
| ROST Ross Stores Inc. | Add +0.4% | 0.37% | +0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +22.0% | 0.26% | +0.04 |
| META Meta Platforms Inc. Class A | Add +27.3% | 0.49% | +0.04 |
| TNL Travel + Leisure Co. | Add +0.2% | 0.34% | +0.04 |
| VONG Vanguard Russell 1000 Growth | Add +24.9% | 0.23% | +0.04 |
| IBM Intl Business Machines Corp. | Add +3.4% | 1.27% | +0.04 |
| SFY Sofi Select 500 ETF | Add +23.0% | 0.22% | +0.04 |
| PAGP Plains GP Holdings LP | Add +6.1% | 0.65% | +0.04 |
| WTFC Wintrust Financial Corp. | New | 0.03% | +0.03 |
| CB Chubb Ltd. | Add +5.3% | 0.34% | +0.03 |
| SPIB SS SPDR P Int C Corp. ETF | Add +14.8% | 0.40% | +0.03 |
| DHR Danaher Corp. | Add +14.0% | 0.15% | +0.03 |
| AMGN Amgen Inc. | Add +1.3% | 0.28% | +0.03 |
| CWEN.A Clearway Energy Inc. Class A | Add +0.8% | 0.27% | +0.03 |
| FELG Fidelity Enh LRG Cap GWTH | Add +25.6% | 0.15% | +0.03 |
| TOL Toll Brothers Inc. | Add +86.1% | 0.05% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +23.3% | 0.17% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +10.9% | 0.43% | +0.02 |
| RBC RBC Bearings Inc. | Add +2.8% | 0.18% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +5.4% | 0.80% | +0.02 |
Notes & Other Activity Q3 2025 → Q4 2025
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +5.1% | 1,197,818 | $82.7M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +2.3% | 23,871 | $29.9M |
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 |