Advisors Capital Management, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), Advisors Capital Management, LLC reported 564 stock positions worth $8.5 billion. Its top holding was Apple (AAPL) at 3.0% of the portfolio, followed by Broadcom (AVGO, 2.8%) and Microsoft (MSFT, 2.8%). Compared with Q4 2025, it opened 35 new positions, sold out of 36, added to 294 and reduced 212. The biggest buy was a new position in Annaly Capital Management (NLY) and the biggest sale Accenture Class A (ACN, shares −87%).

Most Recent 13F
Q2 2026
Location
RIDGEWOOD, NJ
CIK
0001345576
Portfolio Value
$8.5B (Q1 2026)
SEC Filing
0002063364-26-000145 ↗ filed May 1, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $5.5B Q1 2024 Q2 2024: $5.7B Q2 2024 Q3 2024: $6.1B Q3 2024 Q4 2024: $6.3B Q4 2024 Q1 2025: $6.4B Q1 2025 Q2 2025: $7.2B Q2 2025 Q3 2025: $8.0B Q3 2025 Q4 2025: $8.4B Q4 2025 Q1 2026: $8.5B $8.5B Q1 2026 Q2 2026: $9.3B Q2 2026

Holdings 564 stocks · $8.5B

AAPL Apple Inc. 3.04% 1,015,508 $257.7M Add +1.4%
AVGO Broadcom Inc. 2.78% 760,338 $235.3M Reduce -2.6%
MSFT Microsoft Corp. 2.75% 630,113 $233.2M Add +3.3%
NVDA Nvidia Corp. 2.51% 1,216,769 $212.2M Add +2.2%
C Citigroup Inc. 1.55% 1,158,636 $131.4M Reduce -3.6%
ABBV Abbvie Inc. 1.54% 601,587 $130.8M Reduce -5.2%
CVX Chevron Corp. 1.53% 628,058 $129.9M Add +3.5%
JPM JPMorgan Chase & Co. 1.52% 438,486 $129.0M Add +1.8%
JNJ Johnson & Johnson 1.50% 521,526 $127.5M Reduce -0.7%
PM Philip Morris International 1.49% 765,353 $126.5M Add +4.8%
GOOG Alphabet Inc. Class C 1.48% 436,293 $125.2M Reduce -7.6%
CSCO Cisco Systems Inc. 1.47% 1,610,222 $124.9M Add +2.3%
IVV iShares Core S&P 500 ETF 1.47% 190,547 $124.5M Add +4.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.46% 511,252 $123.9M Add +42.4%
AMZN Amazon.com Inc. 1.36% 553,062 $115.2M Add +3.2%
GOOGL Alphabet Inc. Class A 1.20% 354,834 $102.0M Reduce -12.8%
KMI Kinder Morgan Inc. 1.20% 3,020,623 $101.3M Add +2.2%
VUG Vanguard Mrngstar GR ETF-Sui 1.13% 219,072 $95.7M Add +16.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.10% 581,364 $92.8M Add +3.4%
BX Blackstone Inc. 0.97% 711,265 $81.8M Reduce -15.1%
HON Honeywell International Inc. 0.94% 351,475 $79.4M Add +8.2%
VZ Verizon Communications Inc. 0.94% 1,579,530 $79.3M Add +20.6%
DUK Duke Energy Corp. 0.93% 602,263 $78.9M Add +5.3%
BRK.B Berkshire Hathaway Inc. Class B 0.93% 164,133 $78.7M Reduce -8.3%
SPHY SS SPDR P High Yield ETF 0.92% 3,331,245 $77.7M Add +4.5%
RTX RTX Corp. 0.90% 394,558 $76.1M Reduce -3.2%
TT Trane Technologies PLC 0.90% 182,588 $76.1M Add +3.5%
OKE Oneok Inc. 0.88% 823,359 $74.4M Add +5.3%
PFE Pfizer Inc. 0.87% 2,629,706 $73.8M Add +4.7%
PAGP Plains GP Holdings LP 0.84% 2,937,109 $71.3M Add +3.8%
BEPC Brookfield Renewable Corp. 0.84% 1,783,858 $71.1M Add +1.1%
ARCC Ares Capital Corp. 0.84% 3,934,406 $70.9M Add +10.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.82% 353,271 $69.3M Add +0.5%
WPC WP Carey Inc. 0.82% 1,016,611 $69.1M Add +5.2%
STWD Starwood Property Trust Inc. 0.81% 4,004,158 $69.0M Add +8.1%
MCD McDonald's Corp. 0.81% 221,628 $68.9M Add +5.2%
TXN Texas Instruments Inc. 0.77% 336,615 $65.4M Add +3.5%
KO The Coca-Cola Co. 0.76% 846,486 $64.4M Add +4.7%
DGX Quest Diagnostics Inc. 0.76% 327,251 $64.1M Add +4.3%
TSM Taiwan Semiconductor-SP ADR 0.73% 182,957 $61.8M Reduce -14.9%
NLY Annaly Capital Management Inc. 0.73% 2,915,472 $61.7M New
BMY Bristol-Myers Squibb Co. 0.72% 1,010,102 $61.3M Add +8.0%
PANW Palo Alto Networks Inc. 0.70% 370,055 $59.3M Add +3.6%
QCOM Qualcomm Inc. 0.70% 460,566 $59.3M Add +2.7%
WMB Williams Cos Inc. 0.69% 799,370 $58.2M Reduce -1.5%
PEP Pepsico Inc. 0.62% 339,171 $52.7M Add +41.5%
LMT Lockheed Martin Corp. 0.61% 85,631 $51.8M Add +0.2%
CAT Caterpillar Inc. 0.61% 72,626 $51.5M Reduce -5.5%
SPTM SS SPDR P S&P 1500 Comp ETF 0.61% 649,255 $51.3M Add +3.1%
HD Home Depot Inc. 0.58% 150,491 $49.5M Add +3.8%
WFC Wells Fargo & Co. 0.57% 606,836 $48.3M Reduce -0.9%
DOW Dow Inc. filed as DOW HLDGS INC 0.56% 1,147,656 $47.8M Add +10.2%
SBRA Sabra Health Care REIT Inc. 0.55% 2,436,084 $46.8M Add +2.2%
COST Costco Wholesale Corp. 0.55% 46,873 $46.7M Add +2.7%
OUT Outfront Media Inc. 0.55% 1,758,352 $46.6M Reduce -20.0%
WSM Williams-Sonoma Inc. 0.55% 254,501 $46.4M Add +2.4%
MA Mastercard Inc. Class A 0.53% 89,105 $44.5M Add +3.3%
MTB M & T Bank Corp. filed as M & T BK CORP 0.52% 211,894 $43.8M Add +2.4%
STX Seagate Technology Holdings 0.51% 110,701 $43.4M Reduce -38.9%
VEA Vanguard Ftse Developed ETF 0.51% 676,160 $43.3M Add +17.6%
META Meta Platforms Inc. Class A 0.51% 75,506 $43.2M Add +21.5%
ORCL Oracle Corp. 0.49% 284,827 $41.9M Add +1.8%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.49% 434,372 $41.9M Add +69.0%
PG The Procter & Gamble Co. 0.49% 287,886 $41.6M Add +4.7%
OHI Omega Healthcare Investors 0.49% 942,374 $41.3M Add +0.6%
MCK McKesson Corp. 0.49% 47,604 $41.2M Add +0.5%
MDT Medtronic PLC 0.49% 474,386 $41.1M Add +4.3%
TD Toronto-Dominion Bank 0.48% 435,231 $40.6M Reduce -0.5%
FTAI Ftai Aviation Ltd. 0.47% 163,572 $40.1M Reduce -6.6%
NEE Nextera Energy Inc. 0.45% 408,489 $37.9M Add +1.4%
TGT Target Corp. 0.44% 310,026 $37.6M Add +7.5%
VCIT Vanguard Int-Term Corporate 0.44% 450,085 $37.2M Add +4.4%
ETN Eaton Corp. PLC 0.44% 103,990 $37.2M Reduce -1.0%
UL Unilever PLC-Sponsored ADR 0.44% 651,915 $37.1M Add +6.1%
IBDW iShares Ibonds Dec 2031 Corp. 0.43% 1,749,262 $36.6M Add +5.1%
KVUE Kenvue Inc. 0.43% 2,116,589 $36.5M Add +10.9%
NFLX Netflix Inc. 0.43% 379,146 $36.5M Add +205.3%
ROST Ross Stores Inc. 0.42% 164,308 $35.6M Reduce -4.0%
VRP Invesco Variable Rate Prefer 0.42% 1,483,199 $35.6M Add +4.1%
MO Altria Group Inc. 0.42% 534,672 $35.3M Add +3.6%
BLK BlackRock Inc. 0.40% 35,265 $33.9M Add +0.4%
DE Deere & Co. 0.40% 59,751 $33.7M Reduce -6.7%
CME Cme Group Inc. 0.40% 113,859 $33.6M Add +0.8%
SPIB SS SPDR P Int C Corp. ETF 0.40% 999,532 $33.5M Add +1.2%
TMUS T-Mobile US Inc. 0.40% 159,547 $33.5M Add +3.2%
HST Host Hotels & Resorts Inc. 0.40% 1,747,869 $33.5M Reduce -0.8%
KNTK Kinetik Holdings Inc. 0.38% 665,984 $32.2M Add +3.2%
TMO Thermo Fisher Scientific Inc. 0.38% 65,254 $32.1M Add +0.9%
CASY Casey's General Stores Inc. 0.37% 43,634 $31.8M Reduce -12.1%
AGNC AGNC Investment Corp. 0.37% 3,101,086 $31.1M Add +81.7%
CB Chubb Ltd. 0.37% 95,339 $31.1M Add +5.6%
PLD Prologis Inc. 0.36% 230,435 $30.5M Add +2.7%
MPT Medical Properties Trust Inc. 0.35% 6,376,350 $29.5M New
LTC LTC Properties Inc. filed as LTC PPTYS INC 0.34% 783,747 $29.1M Add +2.6%
CWEN.A Clearway Energy Inc. Class A 0.34% 735,025 $28.8M Add +0.3%
SCHG Schwab US Large-Cap Growth 0.34% 976,312 $28.4M Add +42.1%
WMT Walmart Inc. 0.33% 225,187 $28.0M Add +0.3%
TNL Travel + Leisure Co. 0.33% 404,349 $28.0M Reduce -0.3%
AON Aon PLC Class A 0.33% 86,431 $27.9M Reduce -4.3%
LIN Linde PLC 0.32% 55,361 $27.4M Add +22.4%

Show all 564 holdings

Other holdings (2): bonds, preferreds, convertibles and warrants · $110.6M (not counted above)
SecurityClassShares / PrincipalValueChange
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 1,249,158$81.0MAdd +4.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 24,824$29.6MAdd +4.0%

Total filed on the 13F, all lines: $8.6B.

Portfolio Sells Q4 2025 → Q1 2026

ACN Accenture PLC Class A Reduce -87.0% 0.08% −0.78
BX Blackstone Inc. Reduce -15.1% 0.97% −0.57
AVGO Broadcom Inc. Reduce -2.6% 2.78% −0.44
SPY SS SPDR S&P 500 ETF Trust-US Reduce -71.0% 0.16% −0.43
DIVB iShares Core Dividend ETF Reduce -72.4% 0.12% −0.32
GOOGL Alphabet Inc. Class A Reduce -12.8% 1.20% −0.31
GOOG Alphabet Inc. Class C Reduce -7.6% 1.48% −0.29
EXC Exelon Corp. Reduce -98.5% 0.00% −0.25
ABBV Abbvie Inc. Reduce -5.2% 1.54% −0.18
BXSL Blackstone Secured Lending F Reduce -98.3% 0.00% −0.18
BRK.B Berkshire Hathaway Inc. Class B Reduce -8.3% 0.93% −0.14
BSCS Invesco Bulletshares 2028 CB Sold out 0.00% −0.14
SFY Sofi Select 500 ETF Reduce -57.7% 0.09% −0.13
C Citigroup Inc. Reduce -3.6% 1.55% −0.12
SGOV iShares 0-3 Month Treasury B Reduce -29.3% 0.28% −0.12
SPG Simon Property Group Inc. Reduce -92.8% 0.01% −0.11
WFC Wells Fargo & Co. Reduce -0.9% 0.57% −0.11
MET Metlife Inc. Reduce -45.7% 0.10% −0.10
DLN Wisdomtree US Largecap Divid Reduce -97.1% 0.00% −0.09
STX Seagate Technology Holdings Reduce -38.9% 0.51% −0.08
OUT Outfront Media Inc. Reduce -20.0% 0.55% −0.08
FHLC Fidelity MSCI Health Care Sold out 0.00% −0.06
SO The Southern Co. Reduce -25.9% 0.26% −0.06
KTOS Kratos Defense & Security Reduce -30.8% 0.10% −0.06
AON Aon PLC Class A Reduce -4.3% 0.33% −0.05
MTG Mgic Investment Corp. Sold out 0.00% −0.05
TSM Taiwan Semiconductor-SP ADR Reduce -14.9% 0.73% −0.05
APP AppLovin Corp. Class A Reduce -15.4% 0.05% −0.05
TEL Te Connectivity PLC Reduce -4.0% 0.31% −0.04
CSTL Castle Biosciences Inc. Reduce -0.9% 0.07% −0.04
ZBRA Zebra Technologies Corp. Class A Reduce -92.0% 0.00% −0.04
PCOR Procore Technologies Inc. Reduce -11.2% 0.09% −0.04
NOW ServiceNow Inc. Reduce -10.4% 0.06% −0.04
CEG Constellation Energy Reduce -0.9% 0.12% −0.04
CWAN Clearwater Analytics HDS-A Sold out 0.00% −0.03
TSLA Tesla Inc. Reduce 0.0% 0.14% −0.03
AZO AutoZone Inc. Reduce -50.6% 0.03% −0.03
UNH Unitedhealth Group Inc. Reduce -16.4% 0.05% −0.03
ATRC Atricure Inc. Reduce -0.3% 0.06% −0.02
TFC Truist Financial Corp. Reduce -0.6% 0.25% −0.02
LLY Eli Lilly & Co. Reduce -1.6% 0.10% −0.02
A Agilent Technologies Inc. Reduce -0.7% 0.08% −0.02
BIZD Vaneck BDC Income ETF Sold out 0.00% −0.02
SPGI S&P Global Inc. Reduce -2.5% 0.06% −0.02
JLL Jones Lang Lasalle Inc. Reduce -2.0% 0.11% −0.01
CL Colgate-Palmolive Co. Sold out 0.00% −0.01
STVN Stevanato Group SPA Reduce -2.0% 0.03% −0.01
MKC McCormick & Co.-Non VTG SHRS Sold out 0.00% −0.01
ADP Automatic Data Processing Reduce -8.1% 0.04% −0.01
ALLE Allegion PLC Reduce -0.1% 0.13% −0.01

Portfolio Buys Q4 2025 → Q1 2026

NLY Annaly Capital Management Inc. New 0.73% +0.73
CVX Chevron Corp. Add +3.5% 1.53% +0.43
MPT Medical Properties Trust Inc. New 0.35% +0.35
VZ Verizon Communications Inc. Add +20.6% 0.94% +0.30
NFLX Netflix Inc. Add +205.3% 0.43% +0.29
DOW Dow Inc. Add +10.2% 0.56% +0.27
KMI Kinder Morgan Inc. Add +2.2% 1.20% +0.23
PEP Pepsico Inc. Add +41.5% 0.62% +0.21
PAGP Plains GP Holdings LP Add +3.8% 0.84% +0.20
IBM Intl Business Machines Corp. Add +42.4% 1.46% +0.20
SJM The JM Smucker Co. Add +69.0% 0.49% +0.19
OKE Oneok Inc. Add +5.3% 0.88% +0.19
HON Honeywell International Inc. Add +8.2% 0.94% +0.18
COLD Americold Realty Trust Inc. New 0.16% +0.16
IBDX iShares Ibonds Dec 2032 TC Add +165.0% 0.25% +0.15
AGNC AGNC Investment Corp. Add +81.7% 0.37% +0.15
CRM Salesforce Inc. Add +256.3% 0.23% +0.14
DUK Duke Energy Corp. Add +5.3% 0.93% +0.13
AXP American Express Co. Add +551.7% 0.16% +0.13
EBAY eBay Inc. Add +98.6% 0.25% +0.13
PFE Pfizer Inc. Add +4.7% 0.87% +0.13
BMY Bristol-Myers Squibb Co. Add +8.0% 0.72% +0.12
LMT Lockheed Martin Corp. Add +0.2% 0.61% +0.12
DGX Quest Diagnostics Inc. Add +4.3% 0.76% +0.11
TGT Target Corp. Add +7.5% 0.44% +0.11
KNTK Kinetik Holdings Inc. Add +3.2% 0.38% +0.10
TXN Texas Instruments Inc. Add +3.5% 0.77% +0.10
PM Philip Morris International Add +4.8% 1.49% +0.10
LIN Linde PLC Add +22.4% 0.32% +0.09
QQQ Invesco QQQ Trust Series 1 Add +68.7% 0.24% +0.09
KO The Coca-Cola Co. Add +4.7% 0.76% +0.09
VEA Vanguard Ftse Developed ETF Add +17.6% 0.51% +0.08
COST Costco Wholesale Corp. Add +2.7% 0.55% +0.08
TT Trane Technologies PLC Add +3.5% 0.90% +0.08
DELL Dell Technologies -C Add +8.3% 0.27% +0.08
WPC WP Carey Inc. Add +5.2% 0.82% +0.07
SCHG Schwab US Large-Cap Growth Add +42.1% 0.34% +0.07
TJX TJX Companies Inc. Add +3.4% 1.10% +0.07
ZTS Zoetis Inc. Add +58.1% 0.21% +0.07
CWEN.A Clearway Energy Inc. Class A Add +0.3% 0.34% +0.07
NEE Nextera Energy Inc. Add +1.4% 0.45% +0.06
MO Altria Group Inc. Add +3.6% 0.42% +0.06
PSX Phillips 66 Add +6.8% 0.17% +0.06
AEM Agnico Eagle Mines Ltd. Add +1.5% 0.31% +0.05
MCD McDonald's Corp. Add +5.2% 0.81% +0.05
SBUX Starbucks Corp. Add +12.3% 0.28% +0.04
VRSK Verisk Analytics Inc. Add +303.6% 0.06% +0.04
MRK Merck & Co. Inc. Add +5.3% 0.25% +0.04
IGV iShares Expanded Tech-Softwa New 0.04% +0.04
KVUE Kenvue Inc. Add +10.9% 0.43% +0.04

Notes & Other Activity Q4 2025 → Q1 2026

BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Add +4.3% 1,249,158 $81.0M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +4.0% 24,824 $29.6M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 631$9.3BAAPL, AVGO, NVDA, MSFT, CSCO
Q1 2026 564$8.5BAAPL, AVGO, MSFT, NVDA, C
Q4 2025 565$8.4BMSFT, AAPL, AVGO, NVDA, GOOG
Q3 2025 534$8.0BMSFT, AVGO, AAPL, NVDA, ABBV
Q2 2025 514$7.2BMSFT, AVGO, AAPL, NVDA, PM
Q1 2025 504$6.4BMSFT, AAPL, AVGO, ABBV, NVDA
Q4 2024 504$6.3BAVGO, AAPL, MSFT, NVDA, BX
Q3 2024 491$6.1BMSFT, AAPL, AVGO, BX, NVDA
Q2 2024 478$5.7BMSFT, AAPL, AVGO, NVDA, BX
Q1 2024 463$5.5BMSFT, AVGO, AAPL, BX, ABBV