Allen Investment Management, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Allen Investment Management, LLC reported 199 stock positions worth $8.6 billion. Its top holding was Visa Class A (V) at 7.5% of the portfolio, followed by Schwab (charles) (SCHW, 7.5%) and Amazon.com (AMZN, 7.1%). Compared with Q4 2024, it opened 7 new positions, sold out of 7, added to 47 and reduced 35. The biggest buy was Starbucks (SBUX, shares +47%) and the biggest sale Alphabet Class C (GOOG, shares −18%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001326234
Portfolio Value
$8.6B (Q1 2025)
SEC Filing
0001214659-25-007063 ↗ filed May 7, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $8.0B Q1 2024 Q2 2024: $8.2B Q2 2024 Q3 2024: $8.4B Q3 2024 Q4 2024: $8.7B Q4 2024 Q1 2025: $8.6B $8.6B Q1 2025 Q2 2025: $9.2B Q2 2025 Q3 2025: $9.0B Q3 2025 Q4 2025: $9.0B Q4 2025 Q1 2026: $8.1B Q1 2026 Q2 2026: $8.4B Q2 2026

Holdings 199 stocks · $8.6B
V Visa Inc. Class A 7.52% 1,840,108 $644.9M Reduce -0.2%
SCHW Schwab (charles) Corp. 7.50% 8,208,961 $642.6M Reduce -0.3%
AMZN Amazon.com Inc. 7.13% 3,211,038 $610.9M Add +0.3%
MSFT Microsoft Corp. 6.43% 1,469,390 $551.6M Add +0.5%
UNH Unitedhealth Group Inc. 6.30% 1,030,968 $540.0M Add +6.7%
SPGI S&P Global Inc. 5.39% 909,052 $461.9M Reduce -0.5%
META Meta Platforms Inc. Class A 5.13% 763,147 $439.8M Add +15.5%
MCO Moody's Corp. 4.91% 903,702 $420.8M Reduce -2.7%
UBER Uber Technologies Inc. 4.51% 5,304,178 $386.5M Add +2.8%
APO Apollo Global Management Inc. 4.22% 2,641,043 $361.7M Add +14.4%
GOOG Alphabet Inc. Class C 4.06% 2,226,472 $347.8M Reduce -18.2%
SBUX Starbucks Corp. 2.78% 2,426,879 $238.1M Add +47.4%
VTI VG Morningstar TS MKT ETF-US 1.94% 605,653 $166.5M Reduce -0.1%
AMLP Alerian MLP ETF 1.87% 3,080,512 $160.0M Add +31.6%
VOO Vanguard S&P 500 ETF 1.51% 251,230 $129.1M Add +0.8%
NOW ServiceNow Inc. 1.39% 149,505 $119.0M Add +6.7%
GLD SPDR Gold Shares 1.17% 348,085 $100.3M Add +84.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.00% 153,043 $85.6M Add +3.7%
XLE SS Energy Select Sector 0.90% 829,570 $77.5M Add +135.4%
NVDA Nvidia Corp. 0.85% 670,456 $72.7M Add +16.2%
MELI MercadoLibre Inc. 0.84% 36,706 $71.6M Add +19.6%
AAPL Apple Inc. 0.80% 306,980 $68.2M Add +11.4%
ARCC Ares Capital Corp. 0.77% 2,975,197 $65.9M Add +8.4%
BRK.B Berkshire Hathaway Inc. Class B 0.75% 121,200 $64.5M Add +0.2%
ITOT iShares Core S&P Total U.S. 0.75% 528,525 $64.5M Reduce -0.5%
CRWD CrowdStrike Holdings Inc. Class A 0.74% 179,764 $63.4M Add +17.9%
GBDC Golub Capital BDC Inc. 0.73% 4,135,726 $62.6M Add +11.9%
BX Blackstone Inc. 0.63% 384,177 $53.7M Add +124.4%
WDAY Workday Inc. Class A 0.62% 226,310 $52.9M Add +3.4%
NET Cloudflare Inc. Class A 0.59% 451,949 $50.9M Add +9.0%
QQQ Invesco QQQ Trust Series 1 0.58% 106,695 $50.0M Reduce -3.6%
SHOP Shopify Inc. Class A 0.57% 516,334 $49.3M Add +18.5%
AVGO Broadcom Inc. 0.57% 294,018 $49.2M Add +25.9%
ASML ASML Holding NV-NY Reg SHS 0.51% 66,336 $44.0M Add +24.4%
VEA Vanguard Ftse Developed ETF 0.47% 800,481 $40.7M Reduce -67.6%
COIN Coinbase Global Inc. Class A 0.47% 232,393 $40.0M No change
JPM JPMorgan Chase & Co. 0.45% 156,503 $38.4M Add +0.2%
VCSH Vanguard S/T Corp. Bond ETF 0.44% 479,013 $37.8M No change
VCIT Vanguard Int-Term Corporate 0.40% 424,182 $34.7M Reduce -0.1%
SNOW Snowflake Inc. 0.40% 234,947 $34.3M No change
PANW Palo Alto Networks Inc. 0.39% 196,718 $33.6M Reduce -1.9%
ANET Arista Networks Inc. 0.38% 416,849 $32.3M New
TSLX Sixth Street Specialty Lendi 0.37% 1,434,920 $32.1M Add +24.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.37% 639,311 $31.7M No change
VXUS Vanguard Total Intl Stock 0.35% 486,101 $30.2M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.35% 2,941,105 $30.1M Add +50.9%
MA Mastercard Inc. Class A 0.33% 50,847 $27.9M Reduce -2.3%
IXUS iShares Core Intl Stock ETF 0.32% 395,466 $27.6M Reduce -1.0%
HUBS HubSpot Inc. 0.31% 46,345 $26.5M Add +19.1%
IEFA iShares Core MSCI Eafe ETF 0.30% 340,959 $25.8M No change
IWB iShares Russell 1000 ETF 0.30% 83,485 $25.6M Add +1.4%
JNJ Johnson & Johnson 0.29% 147,610 $24.5M Reduce -8.2%
DUOL Duolingo 0.28% 78,507 $24.4M No change
NFLX Netflix Inc. 0.28% 25,310 $23.6M Add +0.1%
CPNG Coupang Inc. 0.27% 1,043,757 $22.9M Add +16.0%
TSM Taiwan Semiconductor-SP ADR 0.25% 129,762 $21.5M Add +40.1%
DDOG Datadog Inc. Class A 0.24% 204,366 $20.3M Add +15.1%
MDB Mongodb Inc. 0.23% 112,956 $19.8M No change
W Wayfair Inc. Class A 0.22% 587,500 $18.8M No change
GEV GE Vernova Inc. 0.22% 60,657 $18.5M No change
KO The Coca-Cola Co. 0.21% 249,500 $17.9M No change
ACWI iShares MSCI Acwi ETF 0.20% 150,890 $17.6M Reduce -0.3%
BXSL Blackstone Secured Lending F 0.20% 533,834 $17.3M Add +71.2%
RSP Invesco S&P 500 Equal Weight 0.19% 96,386 $16.7M Add +259.4%
SNAP Snap Inc. Class A 0.19% 1,890,749 $16.5M Add +23.5%
VGSH Vanguard Short-Term Treasury 0.19% 279,076 $16.4M Add +5.9%
GOOGL Alphabet Inc. Class A 0.17% 93,294 $14.4M Reduce -16.5%
WMT Walmart Inc. 0.17% 163,464 $14.4M Reduce -15.6%
LOW Lowe's Cos Inc. 0.16% 57,094 $13.3M Reduce -91.8%
ISRG Intuitive Surgical Inc. 0.15% 25,478 $12.6M New
VFH Vanguard Financials ETF 0.13% 95,861 $11.5M Add +49.4%
IWV iShares Russell 3000 ETF 0.13% 35,325 $11.2M No change
PG The Procter & Gamble Co. 0.13% 65,679 $11.2M No change
VT Vanguard Tot World STK ETF 0.13% 95,173 $11.0M No change
DVY iShares Select Dividend ETF 0.11% 72,973 $9.8M No change
PLTR Palantir Technologies Inc. Class A 0.11% 112,863 $9.5M Reduce -17.8%
GD General Dynamics Corp. 0.11% 33,954 $9.3M No change
IWF iShares Russell 1000 Growth 0.11% 25,154 $9.1M No change
KKR KKR & Co. Inc. 0.10% 74,560 $8.6M Reduce -61.0%
PWR Quanta Services Inc. 0.09% 32,000 $8.1M No change
BRK.A Berkshire Hathaway Inc. Class A 0.09% 10 $8.0M No change
VIG Vanguard Dividend Apprec ETF 0.09% 40,746 $7.9M No change
CARG Cargurus Inc. 0.09% 257,827 $7.5M No change
AUR Aurora Innovation Inc. 0.08% 1,022,165 $6.9M No change
HD Home Depot Inc. 0.08% 18,723 $6.9M Reduce -39.7%
IJR iShares Core S&P Small-Cap E 0.08% 62,583 $6.5M No change
SPSB SS SPDR P St C Corp. ETF 0.07% 204,584 $6.2M No change
CP Canadian Pacific Kansas City 0.07% 86,171 $6.1M No change
MDLZ Mondelez International Inc. Class A 0.07% 88,947 $6.0M No change
MCD McDonald's Corp. 0.07% 19,230 $6.0M No change
LLY Eli Lilly & Co. 0.06% 6,626 $5.5M Add +1.4%
AFRM Affirm Holdings Inc. 0.06% 116,683 $5.3M No change
COST Costco Wholesale Corp. 0.05% 4,498 $4.3M Add +178.0%
DHR Danaher Corp. 0.05% 19,735 $4.0M Reduce -50.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 15,000 $3.7M No change
ORLY O'reilly Automotive Inc. 0.04% 2,550 $3.7M No change
ABNB Airbnb Inc. Class A 0.04% 30,538 $3.6M No change
HDV iShares Core High Dividend E 0.04% 29,195 $3.5M No change
CART Maplebear Inc. 0.04% 85,563 $3.4M Reduce -50.0%
EFA iShares MSCI Eafe ETF 0.04% 38,381 $3.1M Reduce -80.4%

Show all 199 holdings

Portfolio Sells Q4 2024 → Q1 2025
GOOG Alphabet Inc. Class C Reduce -18.2% 4.06% −1.93
LOW Lowe's Cos Inc. Reduce -91.8% 0.16% −1.84
VEA Vanguard Ftse Developed ETF Reduce -67.6% 0.47% −0.89
MMYT Makemytrip Ltd. Sold out 0.00% −0.25
KKR KKR & Co. Inc. Reduce -61.0% 0.10% −0.23
MCO Moody's Corp. Reduce -2.7% 4.91% −0.17
EFA iShares MSCI Eafe ETF Reduce -80.4% 0.04% −0.13
VTI VG Morningstar TS MKT ETF-US Reduce -0.1% 1.94% −0.09
GOOGL Alphabet Inc. Class A Reduce -16.5% 0.17% −0.08
QQQ Invesco QQQ Trust Series 1 Reduce -3.6% 0.58% −0.07
HD Home Depot Inc. Reduce -39.7% 0.08% −0.06
DHR Danaher Corp. Reduce -50.4% 0.05% −0.06
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Sold out 0.00% −0.05
CART Maplebear Inc. Reduce -50.0% 0.04% −0.04
ITOT iShares Core S&P Total U.S. Reduce -0.5% 0.75% −0.04
WMT Walmart Inc. Reduce -15.6% 0.17% −0.03
PANW Palo Alto Networks Inc. Reduce -1.9% 0.39% −0.03
APP AppLovin Corp. Class A Reduce -19.2% 0.04% −0.02
SYY Sysco Corp. Reduce -34.0% 0.03% −0.01
BKNG Booking Holdings Inc. Sold out 0.00% −0.01
PLTR Palantir Technologies Inc. Class A Reduce -17.8% 0.11% −0.01
HSII Heidrick & Struggles Intl Sold out 0.00% −0.01
ALCO Alico Inc. Reduce -47.8% 0.01% −0.00
URI United Rentals Inc. Reduce -9.4% 0.02% −0.00
ABG Asbury Automotive Group Sold out 0.00% −0.00
UI Ubiquiti Inc. Sold out 0.00% −0.00
IJJ iShares S&P Mid-Cap 400 Valu Sold out 0.00% −0.00
ADP Automatic Data Processing Reduce -45.2% 0.00% −0.00
VWO Vanguard Ftse Emerging Marke Reduce -14.8% 0.01% −0.00
ACWI iShares MSCI Acwi ETF Reduce -0.3% 0.20% −0.00
BAC Bank of America Corp. Reduce -2.3% 0.00% −0.00
PEP Pepsico Inc. Reduce -1.2% 0.01% −0.00
ACWX iShares MSCI Acwi Ex US ETF Reduce -4.4% 0.02% +0.00
ELV Elevance Health Inc. Reduce -4.9% 0.02% +0.00
ABT Abbott Laboratories Reduce -0.4% 0.02% +0.00
MA Mastercard Inc. Class A Reduce -2.3% 0.33% +0.01
VCIT Vanguard Int-Term Corporate Reduce -0.1% 0.40% +0.01
IXUS iShares Core Intl Stock ETF Reduce -1.0% 0.32% +0.02
JNJ Johnson & Johnson Reduce -8.2% 0.29% +0.02
SPGI S&P Global Inc. Reduce -0.5% 5.39% +0.14
SCHW Schwab (charles) Corp. Reduce -0.3% 7.50% +0.46
V Visa Inc. Class A Reduce -0.2% 7.52% +0.79

Portfolio Buys Q4 2024 → Q1 2025
SBUX Starbucks Corp. Add +47.4% 2.78% +1.04
UBER Uber Technologies Inc. Add +2.8% 4.51% +0.91
META Meta Platforms Inc. Class A Add +15.5% 5.13% +0.66
UNH Unitedhealth Group Inc. Add +6.7% 6.30% +0.65
GLD SPDR Gold Shares Add +84.0% 1.17% +0.64
AMLP Alerian MLP ETF Add +31.6% 1.87% +0.57
XLE SS Energy Select Sector Add +135.4% 0.90% +0.56
ANET Arista Networks Inc. New 0.38% +0.38
BX Blackstone Inc. Add +124.4% 0.63% +0.29
MELI MercadoLibre Inc. Add +19.6% 0.84% +0.23
ISRG Intuitive Surgical Inc. New 0.15% +0.15
RSP Invesco S&P 500 Equal Weight Add +259.4% 0.19% +0.14
CRWD CrowdStrike Holdings Inc. Class A Add +17.9% 0.74% +0.14
BRK.B Berkshire Hathaway Inc. Class B Add +0.2% 0.75% +0.12
NU Nu Holdings Ltd./Cayman Isl-A Add +50.9% 0.35% +0.12
TSLX Sixth Street Specialty Lendi Add +24.4% 0.37% +0.09
ASML ASML Holding NV-NY Reg SHS Add +24.4% 0.51% +0.09
BXSL Blackstone Secured Lending F Add +71.2% 0.20% +0.09
GBDC Golub Capital BDC Inc. Add +11.9% 0.73% +0.08
NET Cloudflare Inc. Class A Add +9.0% 0.59% +0.08
ARCC Ares Capital Corp. Add +8.4% 0.77% +0.08
VFH Vanguard Financials ETF Add +49.4% 0.13% +0.05
TSM Taiwan Semiconductor-SP ADR Add +40.1% 0.25% +0.04
SHOP Shopify Inc. Class A Add +18.5% 0.57% +0.04
CPNG Coupang Inc. Add +16.0% 0.27% +0.04
OBDC Blue Owl Capital Corp. New 0.04% +0.04
COST Costco Wholesale Corp. Add +178.0% 0.05% +0.03
JPM JPMorgan Chase & Co. Add +0.2% 0.45% +0.02
NFLX Netflix Inc. Add +0.1% 0.28% +0.02
VGSH Vanguard Short-Term Treasury Add +5.9% 0.19% +0.01
IBIT iShares Bitcoin Trust ETF New 0.01% +0.01
LLY Eli Lilly & Co. Add +1.4% 0.06% +0.01
NKE Nike Inc. Class B New 0.01% +0.01
TSLA Tesla Inc. New 0.00% +0.00
CTAS Cintas Corp. New 0.00% +0.00
XOM Exxon Mobil Corp. Add +5.9% 0.02% +0.00
VEU Vanguard Ftse All-World Ex-U Add +3.9% 0.02% +0.00
SNAP Snap Inc. Class A Add +23.5% 0.19% +0.00
PCOR Procore Technologies Inc. Add +7.3% 0.00% −0.00
AMD Advanced Micro Devices Add +3.6% 0.00% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +3.7% 1.00% −0.00
AAPL Apple Inc. Add +11.4% 0.80% −0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +2.8% 0.02% −0.00
HUBS HubSpot Inc. Add +19.1% 0.31% −0.00
IWB iShares Russell 1000 ETF Add +1.4% 0.30% −0.01
WDAY Workday Inc. Class A Add +3.4% 0.62% −0.04
VOO Vanguard S&P 500 ETF Add +0.8% 1.51% −0.04
NVDA Nvidia Corp. Add +16.2% 0.85% −0.05
AVGO Broadcom Inc. Add +25.9% 0.57% −0.05
DDOG Datadog Inc. Class A Add +15.1% 0.24% −0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 227$8.4BAMZN, GOOG, UNH, MSFT, META
Q1 2026 221$8.1BAMZN, SCHW, MSFT, META, GOOG
Q4 2025 220$9.0BAMZN, MSFT, SCHW, META, V
Q3 2025 202$9.0BMSFT, AMZN, SCHW, META, V
Q2 2025 199$9.2BSCHW, MSFT, AMZN, META, V
Q1 2025 199$8.6BV, SCHW, AMZN, MSFT, UNH
Q4 2024 199$8.7BAMZN, MSFT, SCHW, V, GOOG
Q3 2024 215$8.4BMSFT, AMZN, UNH, V, SCHW
Q2 2024 215$8.2BMSFT, SCHW, AMZN, GOOG, V
Q1 2024 207$8.0BMSFT, SCHW, AMZN, GOOG, V