Advisory Services Network, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 18, 2025), Advisory Services Network, LLC reported 4,495 stock positions worth $6.8 billion. Its top holding was Nvidia (NVDA) at 3.5% of the portfolio, followed by Apple (AAPL, 3.3%) and Microsoft (MSFT, 2.1%). Compared with Q2 2025, it opened 2,766 new positions, sold out of 13, added to 896 and reduced 694. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −17%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0001573876
- Portfolio Value
- $6.8B (Q3 2025)
- SEC Filing
- 0001573876-25-000020 ↗ filed Nov 18, 2025
Holdings Value
Holdings 4,495 stocks · $6.8B
| NVDA Nvidia Corp. | 3.52% | 1,285,779 | $239.9M | Add +1.3% |
| AAPL Apple Inc. | 3.33% | 892,038 | $227.1M | Add +0.9% |
| MSFT Microsoft Corp. | 2.13% | 279,855 | $145.0M | Add +1.1% |
| WMT Walmart Inc. | 1.93% | 1,277,269 | $131.6M | Reduce -0.3% |
| IVV iShares Core S&P 500 ETF | 1.89% | 192,842 | $129.1M | Add +11.9% |
| AMZN Amazon.com Inc. | 1.69% | 525,584 | $115.4M | Add +2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.69% | 173,122 | $115.3M | Add +1.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.44% | 163,703 | $98.3M | Reduce -2.0% |
| AVGO Broadcom Inc. | 1.13% | 233,057 | $76.9M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 0.92% | 257,829 | $62.7M | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 0.88% | 81,345 | $59.7M | Add +2.4% |
| JPM JPMorgan Chase & Co. | 0.80% | 173,887 | $54.8M | Reduce -1.3% |
| PLTR Palantir Technologies Inc. Class A | 0.73% | 271,248 | $49.5M | Reduce -4.4% |
| TSLA Tesla Inc. | 0.71% | 109,174 | $48.6M | Add +3.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.64% | 132,758 | $43.6M | Add +7.0% |
| ZECP Zacks Earnings Consistent Po | 0.63% | 1,269,927 | $42.7M | Add +3.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.62% | 463,846 | $42.6M | Reduce -16.6% |
| ACIO Aptus Collared Invest Opp | 0.62% | 967,339 | $42.0M | Add +8.6% |
| LLY Eli Lilly & Co. | 0.57% | 50,933 | $38.9M | Add +4.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.54% | 196,586 | $36.7M | Add +18.4% |
| GLD SPDR Gold Shares | 0.54% | 102,958 | $36.6M | Reduce -2.1% |
| GOOG Alphabet Inc. Class C | 0.52% | 146,168 | $35.6M | Reduce -1.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.50% | 307,504 | $34.0M | Add +6.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.47% | 67,419 | $32.3M | Add +0.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 63,534 | $31.9M | Reduce -1.8% |
| VOO Vanguard S&P 500 ETF | 0.47% | 52,035 | $31.9M | Add +2.9% |
| IJR iShares Core S&P Small-Cap E | 0.46% | 265,159 | $31.5M | Add +4.7% |
| ITOT iShares Core S&P Total U.S. | 0.44% | 206,779 | $30.1M | Reduce -0.9% |
| ABBV Abbvie Inc. | 0.43% | 125,303 | $29.0M | Reduce -8.6% |
| SGOV iShares 0-3 Month Treasury B | 0.41% | 278,703 | $28.1M | Add +5.9% |
| XLK SS Technology Select Sector | 0.41% | 99,397 | $28.0M | Reduce -5.5% |
| XOM Exxon Mobil Corp. | 0.41% | 246,493 | $27.8M | Add +1.8% |
| ORCL Oracle Corp. | 0.40% | 98,143 | $27.6M | Reduce -15.4% |
| ANET Arista Networks Inc. | 0.38% | 179,847 | $26.2M | Add +2.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.38% | 315,090 | $26.1M | Reduce -4.0% |
| RSP Invesco S&P 500 Equal Weight | 0.38% | 136,641 | $25.9M | Add +17.3% |
| NFLX Netflix Inc. | 0.38% | 21,506 | $25.8M | Add +14.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.37% | 91,243 | $25.5M | Reduce -0.1% |
| MA Mastercard Inc. Class A | 0.37% | 44,021 | $25.0M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.36% | 26,388 | $24.4M | Reduce -0.8% |
| CVX Chevron Corp. | 0.36% | 156,393 | $24.3M | Add +7.5% |
| FDN First Trust DJ Internet Ind | 0.35% | 85,093 | $23.8M | Reduce -1.2% |
| HD Home Depot Inc. | 0.34% | 57,836 | $23.4M | Add +0.7% |
| V Visa Inc. Class A | 0.34% | 67,722 | $23.1M | Add +5.6% |
| VEA Vanguard Ftse Developed ETF | 0.33% | 378,293 | $22.7M | Add +1.5% |
| LRCX Lam Research Corp. | 0.33% | 167,082 | $22.4M | Add +2.9% |
| DRSK Aptus Defined Risk ETF | 0.32% | 763,316 | $22.0M | Add +14.6% |
| HDV iShares Core High Dividend E | 0.31% | 175,123 | $21.4M | Add +23.7% |
| FXO First Trust Financial Alphad | 0.30% | 348,077 | $20.7M | Reduce -0.8% |
| IJH iShares Core S&P Midcap ETF | 0.30% | 316,659 | $20.7M | Add +0.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.30% | 42,087 | $20.6M | Add +0.5% |
| AGG iShares Core U.S. Aggregate | 0.30% | 205,712 | $20.6M | Reduce -6.3% |
| FXU First Trust Utilities Alphad | 0.30% | 452,361 | $20.6M | Reduce -0.7% |
| FXR First Trust Indst/Producers | 0.29% | 255,577 | $20.0M | Reduce -0.8% |
| TPL Texas Pacific Land Corp. | 0.29% | 21,260 | $19.8M | Add +0.3% |
| ITA iShares U.S. Aerospace & Def | 0.29% | 94,747 | $19.8M | Add +22.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 69,583 | $19.6M | Add +4.5% |
| UNH Unitedhealth Group Inc. | 0.29% | 56,700 | $19.6M | Add +1.9% |
| CAT Caterpillar Inc. | 0.28% | 40,552 | $19.3M | Add +1.1% |
| CSCO Cisco Systems Inc. | 0.28% | 279,327 | $19.1M | Add +2.1% |
| GEV GE Vernova Inc. | 0.27% | 29,815 | $18.3M | Reduce -2.5% |
| DVY iShares Select Dividend ETF | 0.27% | 128,690 | $18.3M | Add +11.8% |
| PG The Procter & Gamble Co. | 0.27% | 118,732 | $18.2M | Add +3.5% |
| APP AppLovin Corp. Class A | 0.26% | 24,885 | $17.9M | Reduce -5.5% |
| SCHD Schwab US DVD Equity ETF | 0.26% | 653,891 | $17.9M | Add +3.7% |
| MTUM iShares MSCI USA Momentum Fa | 0.26% | 68,614 | $17.6M | Add +1.5% |
| QQXT First Trust Nasdaq-100 Ex-Te | 0.26% | 177,271 | $17.5M | Reduce -0.2% |
| ICSH iShares Ultra Short Duration | 0.26% | 345,149 | $17.5M | Add +6.1% |
| TLT iShares 20+ Year Treasury BD | 0.25% | 191,983 | $17.2M | Reduce -2.7% |
| SCHG Schwab US Large-Cap Growth | 0.25% | 536,365 | $17.1M | Add +10.4% |
| IVW iShares S&P 500 Growth ETF | 0.25% | 140,903 | $17.0M | Add +1.0% |
| AMD Advanced Micro Devices | 0.25% | 104,370 | $16.9M | Add +17.1% |
| IVE iShares S&P 500 Value ETF | 0.24% | 79,626 | $16.4M | Add +3.4% |
| JEPI JPMorgan Equity Premium Inco | 0.24% | 287,900 | $16.4M | Reduce -0.8% |
| VZ Verizon Communications Inc. | 0.24% | 373,429 | $16.4M | Add +3.0% |
| IEMG iShares Core MSCI Emerging | 0.24% | 243,710 | $16.1M | Add +18.7% |
| GE General Electric filed as GE AEROSPACE | 0.23% | 53,004 | $15.9M | Add +1.3% |
| JNJ Johnson & Johnson | 0.23% | 84,239 | $15.6M | Reduce -1.9% |
| IAK iShares U.S. Insurance ETF | 0.23% | 116,213 | $15.6M | Add +9.0% |
| VTIP Vanguard Short-Term Tips | 0.22% | 300,957 | $15.2M | Add +50.6% |
| IAU iShares Gold Trust | 0.22% | 207,238 | $15.1M | Add +20.3% |
| IAI iShares U.S. Broker-Dealers | 0.22% | 85,127 | $15.1M | Add +0.5% |
| BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F | 0.22% | 210,497 | $14.8M | Add +12.6% |
| PM Philip Morris International | 0.22% | 90,806 | $14.7M | Add +11.3% |
| VIG Vanguard Dividend Apprec ETF | 0.21% | 67,822 | $14.6M | Reduce -0.8% |
| MCD McDonald's Corp. | 0.21% | 47,971 | $14.6M | Add +2.0% |
| LMT Lockheed Martin Corp. | 0.21% | 28,453 | $14.2M | Add +0.5% |
| FTEC Fidelity MSCI Info Tech Indx | 0.21% | 63,203 | $14.0M | Reduce -3.0% |
| IWM iShares Russell 2000 ETF | 0.21% | 57,804 | $14.0M | Add +12.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 96,498 | $13.9M | Reduce -1.4% |
| IGV iShares Expanded Tech-Softwa | 0.20% | 121,083 | $13.9M | Add +3.2% |
| MAR Marriott International Class A | 0.20% | 53,208 | $13.9M | Reduce -2.0% |
| SPSB SS SPDR P St C Corp. ETF | 0.20% | 446,824 | $13.5M | Add +4.6% |
| KLAC KLA Corp. | 0.20% | 12,502 | $13.5M | Reduce -0.2% |
| NEE Nextera Energy Inc. | 0.20% | 178,031 | $13.4M | Reduce -0.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.20% | 171,320 | $13.4M | Reduce -0.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.20% | 64,069 | $13.4M | Add +2.8% |
| VGT Vanguard Info Tech ETF | 0.20% | 17,833 | $13.3M | Add +2.2% |
| HELO JPMorgan Hedged Equity ETF | 0.19% | 203,490 | $13.2M | Reduce -5.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.19% | 151,398 | $13.2M | Reduce -11.9% |
Other holdings (15): bonds, preferreds, convertibles and warrants · $406K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 4,865 | $184K | New |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 2,000 | $50K | New |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 1,532 | $39K | New |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 800 | $38K | New |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 950 | $30K | New |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 1,048 | $27K | New |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 13 | $17K | New |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 100 | $9K | New |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 1,742 | $6K | New |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 54,899 | $4K | Add +17.6% |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 42 | $584 | New |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 42 | $335 | New |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | 552 | $10 | New |
| LGL.WS LGL Group Inc./the -CW25 | *W EXP 11/16/202 | 16 | $5 | New |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | 36 | $2 | New |
Lines left out (6) · $37 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| TBLU Tortoise Global Water ETF | GLOBAL WATER ETF | 0 | $16 |
| FTXG First Trust Nasdaq Food & Be | NASDQ FOD BVRG | 0 | $7 |
| FTXN First Trust Nasdaq Oil & Gas | NASDQ OIL GAS | 0 | $6 |
| MVO MV Oil Trust | TR UNITS | 0 | $3 |
| NUAG Nuveen Enh YLD US Aggr BND | NUVEEN ENHNC YLD | 0 | $3 |
| NSLR Neostellar Capital Corp. | COM NEW | 0 | $2 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $6.8B.
Portfolio Sells Q2 2025 → Q3 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -16.6% | 0.62% | −0.20 |
| IBIT iShares Bitcoin Trust ETF | Reduce -38.9% | 0.17% | −0.15 |
| WMT Walmart Inc. | Reduce -0.3% | 1.93% | −0.09 |
| TXRH Texas Roadhouse Inc. | Reduce -95.5% | 0.00% | −0.09 |
| IYW iShares Ustechnology ETF | Reduce -32.9% | 0.16% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.0% | 1.44% | −0.08 |
| MSTR Strategy Inc. | Reduce -21.3% | 0.10% | −0.07 |
| ORCL Oracle Corp. | Reduce -15.4% | 0.40% | −0.07 |
| TDG Transdigm Group Inc. | Reduce -6.4% | 0.15% | −0.06 |
| CRM Salesforce Inc. | Reduce -12.8% | 0.17% | −0.06 |
| VEEV Veeva Systems Inc. Class A | Reduce -64.0% | 0.03% | −0.06 |
| GEV GE Vernova Inc. | Reduce -2.5% | 0.27% | −0.06 |
| DBE Invesco DB Energy Fund | Reduce -98.4% | 0.00% | −0.06 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -60.0% | 0.03% | −0.05 |
| ISRG Intuitive Surgical Inc. | Reduce -12.2% | 0.15% | −0.05 |
| NOW ServiceNow Inc. | Reduce -14.7% | 0.17% | −0.05 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -4.0% | 0.38% | −0.05 |
| JPST JPMorgan Ultra-Short Income | Reduce -16.7% | 0.17% | −0.05 |
| FTNT Fortinet Inc. | Reduce -22.0% | 0.07% | −0.05 |
| PEP Pepsico Inc. | Reduce -19.4% | 0.14% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -6.3% | 0.30% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 0.36% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -22.4% | 0.18% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -8.1% | 0.18% | −0.04 |
| TTD Trade Desk Inc./the Class A | Reduce -1.3% | 0.04% | −0.04 |
| XLE SS Energy Select Sector | Reduce -11.2% | 0.19% | −0.04 |
| MSI Motorola Solutions Inc. | Reduce -43.4% | 0.04% | −0.04 |
| CTAS Cintas Corp. | Reduce -48.5% | 0.03% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.3% | 0.80% | −0.04 |
| TRGP Targa Resources Corp. | Reduce -55.7% | 0.02% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Reduce -63.2% | 0.02% | −0.03 |
| XLK SS Technology Select Sector | Reduce -5.5% | 0.41% | −0.03 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -11.9% | 0.19% | −0.03 |
| FNOV FT Vest US Equity Buffer ETF | Reduce -81.9% | 0.01% | −0.03 |
| PSCW Pacer Swan Sos Conserv Apr | Reduce -65.6% | 0.01% | −0.03 |
| FDN First Trust DJ Internet Ind | Reduce -1.2% | 0.35% | −0.03 |
| AI C3.AI Inc. Class A | Reduce -93.4% | 0.00% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -7.7% | 0.18% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -30.9% | 0.05% | −0.03 |
| NFXS Direxion Daily NFLX Bear 1X | Sold out | 0.00% | −0.03 |
| HODL Vaneck Bitcoin ETF | Reduce -99.8% | 0.00% | −0.03 |
| SMCI Super Micro Computer Inc. | Reduce -0.9% | 0.08% | −0.03 |
| FXR First Trust Indst/Producers | Reduce -0.8% | 0.29% | −0.03 |
| SPOT Spotify Technology SA | Reduce -38.3% | 0.05% | −0.03 |
| MAR Marriott International Class A | Reduce -2.0% | 0.20% | −0.03 |
| GILD Gilead Sciences Inc. | Reduce -7.3% | 0.13% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -5.0% | 0.15% | −0.03 |
| HELO JPMorgan Hedged Equity ETF | Reduce -5.5% | 0.19% | −0.03 |
| SFM Sprouts Farmers Market Inc. | Reduce -65.0% | 0.01% | −0.03 |
| PSQ Proshares Short QQQ | Reduce -60.8% | 0.01% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.9% | 3.33% | +0.38 |
| TSLA Tesla Inc. | Add +3.9% | 0.71% | +0.19 |
| IVV iShares Core S&P 500 ETF | Add +11.9% | 1.89% | +0.13 |
| GDX Vaneck Gold Miners ETF | Add +145.5% | 0.13% | +0.09 |
| SNOW Snowflake Inc. | Add +241.7% | 0.12% | +0.09 |
| LRCX Lam Research Corp. | Add +2.9% | 0.33% | +0.08 |
| STX Seagate Technology Holdings | Add +33.8% | 0.17% | +0.08 |
| SRLN SS Blackstone Sr Loan ETF | Add +467.4% | 0.09% | +0.07 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +181.1% | 0.11% | +0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +18.4% | 0.54% | +0.06 |
| AIRR First Trust Rba American Ind | Add +81.9% | 0.14% | +0.06 |
| UNH Unitedhealth Group Inc. | Add +1.9% | 0.29% | +0.06 |
| VTIP Vanguard Short-Term Tips | Add +50.6% | 0.22% | +0.06 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +169.0% | 0.10% | +0.06 |
| BAI Ishrs AI in and Tech Act ETF | Add +109.3% | 0.10% | +0.05 |
| IAU iShares Gold Trust | Add +20.3% | 0.22% | +0.05 |
| SHOP Shopify Inc. Class A | Add +20.9% | 0.19% | +0.05 |
| ITA iShares U.S. Aerospace & Def | Add +22.8% | 0.29% | +0.05 |
| IWR iShares Russell Mid-Cap ETF | Add +117.0% | 0.09% | +0.05 |
| HDV iShares Core High Dividend E | Add +23.7% | 0.31% | +0.04 |
| CRWV Coreweave Inc. Class A | Add +163.0% | 0.07% | +0.04 |
| NEM Newmont Corp. | Add +24.1% | 0.12% | +0.04 |
| BOTZ Global X Robotics & Artifici | Add +123.7% | 0.07% | +0.04 |
| RDDT Reddit Inc. Class A | Add +192.1% | 0.05% | +0.04 |
| SGC Superior Group of Cos Inc. | New | 0.04% | +0.04 |
| IEMG iShares Core MSCI Emerging | Add +18.7% | 0.24% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +17.3% | 0.38% | +0.04 |
| DELL Dell Technologies -C | Add +62.5% | 0.10% | +0.04 |
| ANET Arista Networks Inc. | Add +2.1% | 0.38% | +0.03 |
| DBC Invesco DB Commodity Index T | New | 0.03% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | Add +40.7% | 0.07% | +0.03 |
| MKC McCormick & Co.-Non VTG SHRS | Add +688.5% | 0.04% | +0.03 |
| QUIZ Zacks QLTY Inter'l Fund | New | 0.03% | +0.03 |
| HWM Howmet Aerospace Inc. | Add +41.2% | 0.11% | +0.03 |
| VGIT Vanguard Intermediate-Term T | Add +241.5% | 0.05% | +0.03 |
| GSEP FT Vest US Equity Moderate B | New | 0.03% | +0.03 |
| KHPI Kensington Hedged PRM in ETF | New | 0.03% | +0.03 |
| VNOM Viper Energy Inc. Class A | New | 0.03% | +0.03 |
| ARKK ARK Innovation ETF | Add +28.4% | 0.11% | +0.03 |
| STIP iShares 0-5 Year Tips Bond E | Add +67.7% | 0.08% | +0.03 |
| NFLX Netflix Inc. | Add +14.6% | 0.38% | +0.03 |
| PULS Pgim Ultra Short Bond ETF | Add +34.3% | 0.15% | +0.03 |
| CMI Cummins Inc. | Add +15.9% | 0.15% | +0.03 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +80.2% | 0.07% | +0.03 |
| ROKU Roku Inc. | Add +85.8% | 0.06% | +0.03 |
| FBND Fidelity Total Bond ETF | Add +31.5% | 0.15% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +12.7% | 0.21% | +0.02 |
| PSFJ Pacer Swan Sos Flex July ETF | New | 0.02% | +0.02 |
| MEDP Medpace Holdings Inc. | Add +14.2% | 0.12% | +0.02 |
| UXOC FT Useqty Uncapacc ETF - Oct | New | 0.02% | +0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 4,865 | $184K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | New | 2,000 | $50K |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | New | 1,532 | $39K |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | New | 800 | $38K |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | New | 950 | $30K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 1,048 | $27K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | New | 13 | $17K |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 100 | $9K |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | New | 1,742 | $6K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Add +17.6% | 54,899 | $4K |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | New | 42 | $584 |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | New | 42 | $335 |
| TBLU Tortoise Global Water ETF | GLOBAL WATER ETF | New | 0 | $16 |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | New | 552 | $10 |
| FTXG First Trust Nasdaq Food & Be | NASDQ FOD BVRG | New | 0 | $7 |
| FTXN First Trust Nasdaq Oil & Gas | NASDQ OIL GAS | New | 0 | $6 |
| LGL.WS LGL Group Inc./the -CW25 | *W EXP 11/16/202 | New | 16 | $5 |
| MVO MV Oil Trust | TR UNITS | New | 0 | $3 |
| NUAG Nuveen Enh YLD US Aggr BND | NUVEEN ENHNC YLD | New | 0 | $3 |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | New | 36 | $2 |
| NSLR Neostellar Capital Corp. | COM NEW | New | 0 | $2 |
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 | 2,017 | $8.8B | AAPL, NVDA, IVV, PWR, WMT |
| Q1 2026 | 4,802 | $7.5B | AAPL, NVDA, WMT, IVV, PWR |
| Q4 2025 | 1,799 | $7.1B | NVDA, AAPL, IVV, WMT, SPY |
| Q3 2025 | 4,495 | $6.8B | NVDA, AAPL, MSFT, WMT, IVV |
| Q2 2025 | 1,742 | $6.2B | NVDA, AAPL, MSFT, WMT, AMZN |
| Q1 2025 | 1,609 | $5.2B | AAPL, NVDA, IVV, AMZN, MSFT |
| Q4 2024 | 1,564 | $5.4B | AAPL, NVDA, IVV, AMZN, MSFT |
| Q3 2024 | 1,525 | $4.8B | AAPL, NVDA, IVV, MSFT, AMZN |
| Q2 2024 | 1,525 | $4.8B | AAPL, NVDA, IVV, MSFT, AMZN |
| Q1 2024 | 1,452 | $4.5B | AAPL, IVV, MSFT, NVDA, AMZN |