AlphaCore Capital LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), AlphaCore Capital LLC reported 767 stock positions worth $1.2 billion. Its top holding was MPLX (MPLX) at 7.1% of the portfolio, followed by Distillate US Fundamental St (DSTL, 4.4%) and iShares Russell 3000 ETF (IWV, 4.2%). Compared with Q4 2024, it opened 528 new positions, sold out of 17, added to 176 and reduced 32. The biggest buy was a new position in Distillate US Fundamental St (DSTL) and the biggest sale Berkshire Hathaway Class B (BRK.B, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- LA JOLLA, CA
- CIK
- 0001713662
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001398344-25-009148 ↗ filed May 12, 2025
Holdings Value
Holdings 767 stocks · $1.2B
| MPLX MPLX LP | 7.15% | 1,570,074 | $84.0M | Add +0.0% |
| DSTL Distillate US Fundamental St | 4.40% | 953,187 | $51.7M | New |
| IWV iShares Russell 3000 ETF | 4.18% | 154,840 | $49.2M | Add +11.1% |
| IXUS iShares Core Intl Stock ETF | 3.72% | 626,675 | $43.7M | New |
| COWZ Pacer US Cash Cows 100 ETF | 3.21% | 688,183 | $37.7M | New |
| GLD SPDR Gold Shares | 2.70% | 109,987 | $31.7M | Add +8.0% |
| VOO Vanguard S&P 500 ETF | 2.60% | 59,504 | $30.6M | New |
| AAPL Apple Inc. | 2.00% | 106,093 | $23.6M | Add +27.3% |
| MSFT Microsoft Corp. | 1.72% | 53,829 | $20.2M | Add +85.7% |
| IAUM iShares Gold Trust Micro | 1.62% | 612,704 | $19.1M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.43% | 31,471 | $16.8M | Reduce -0.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 1.33% | 60,892 | $15.7M | New |
| RSP Invesco S&P 500 Equal Weight | 1.27% | 85,876 | $14.9M | New |
| AMZN Amazon.com Inc. | 1.25% | 77,102 | $14.7M | Add +61.3% |
| JPM JPMorgan Chase & Co. | 1.22% | 58,517 | $14.4M | Add +15.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.17% | 182,266 | $13.8M | New |
| JGRO JPMorgan Active Growth ETF | 1.15% | 183,036 | $13.5M | New |
| ICOW Pacer Developed Markets Inte | 1.14% | 425,916 | $13.4M | New |
| VTI VG Morningstar TS MKT ETF-US | 1.14% | 48,668 | $13.4M | New |
| EPD Enterprise Products Partners | 1.08% | 372,352 | $12.7M | Add +0.3% |
| IQLT iShares MSCI International Q | 0.96% | 285,624 | $11.3M | New |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.95% | 220,456 | $11.2M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.90% | 18,877 | $10.6M | New |
| COST Costco Wholesale Corp. | 0.86% | 10,735 | $10.2M | Add +38.9% |
| V Visa Inc. Class A | 0.81% | 27,272 | $9.6M | Add +72.4% |
| JPST JPMorgan Ultra-Short Income | 0.81% | 187,838 | $9.5M | New |
| SCHB Schwab US Broad Market ETF | 0.73% | 396,791 | $8.5M | New |
| UNM Unum Group | 0.69% | 99,091 | $8.1M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 0.68% | 129,927 | $8.0M | Add +1.5% |
| IVV iShares Core S&P 500 ETF | 0.68% | 14,166 | $8.0M | New |
| QCOM Qualcomm Inc. | 0.68% | 51,792 | $8.0M | Add +57.1% |
| MOAT Vaneck Morningstar Wide Moat | 0.61% | 81,800 | $7.2M | New |
| GOOGL Alphabet Inc. Class A | 0.60% | 45,899 | $7.1M | Add +188.7% |
| VTHR Vanguard Russell 3000 | 0.58% | 27,831 | $6.9M | New |
| WMT Walmart Inc. | 0.57% | 76,442 | $6.7M | Add +18.5% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.55% | 64,701 | $6.4M | New |
| HD Home Depot Inc. | 0.54% | 17,384 | $6.4M | Add +105.8% |
| META Meta Platforms Inc. Class A | 0.51% | 10,428 | $6.0M | Add +114.7% |
| OBDC Blue Owl Capital Corp. | 0.49% | 383,643 | $5.8M | New |
| USMV iShares MSCI USA Min Vol Fac | 0.49% | 61,356 | $5.7M | New |
| VEA Vanguard Ftse Developed ETF | 0.49% | 112,279 | $5.7M | New |
| MPC Marathon Petroleum Corp. | 0.46% | 37,499 | $5.5M | Add +0.6% |
| QUAL iShares MSCI USA Quality Fac | 0.44% | 30,478 | $5.2M | New |
| IWF iShares Russell 1000 Growth | 0.44% | 14,252 | $5.1M | New |
| XCEM Columbia Em Core Ex-China | 0.43% | 171,023 | $5.1M | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.43% | 19,352 | $5.0M | New |
| ABBV Abbvie Inc. | 0.42% | 23,847 | $5.0M | Add +22.2% |
| GOOG Alphabet Inc. Class C | 0.42% | 31,870 | $5.0M | Add +22.6% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.41% | 157,958 | $4.9M | Reduce -9.8% |
| JHMM John Hancock Multi Fact Mid | 0.41% | 83,380 | $4.8M | New |
| FLTR Vaneck Ig Floating Rate ETF | 0.40% | 185,720 | $4.7M | New |
| AMLP Alerian MLP ETF | 0.39% | 89,273 | $4.6M | New |
| NVDA Nvidia Corp. | 0.39% | 42,632 | $4.6M | Add +115.2% |
| XLF SS Financial Select Sector | 0.39% | 92,675 | $4.6M | New |
| DFAS Dimensional US Small Cap ETF | 0.37% | 72,555 | $4.3M | New |
| VIG Vanguard Dividend Apprec ETF | 0.37% | 22,153 | $4.3M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.36% | 46,515 | $4.3M | New |
| VB Vanguard Most SM-Cap ETF-Usd | 0.36% | 19,052 | $4.2M | Add +8.3% |
| SCHX Schwab US Large-Cap ETF | 0.35% | 187,995 | $4.2M | Add +8.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 98,372 | $4.1M | Add +47.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.34% | 73,316 | $4.0M | New |
| PEY Invesco High Yield Equity Di | 0.34% | 186,362 | $4.0M | New |
| IEMG iShares Core MSCI Emerging | 0.33% | 72,437 | $3.9M | New |
| EXE Expand Energy Corp. | 0.33% | 35,038 | $3.9M | Add +90.1% |
| AVUV Avantis US Small Cap Value | 0.32% | 43,451 | $3.8M | New |
| CVX Chevron Corp. | 0.32% | 22,184 | $3.7M | Add +11.9% |
| NOC Northrop Grumman Corp. | 0.31% | 7,144 | $3.7M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.31% | 7,703 | $3.6M | New |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.31% | 83,388 | $3.6M | New |
| IVE iShares S&P 500 Value ETF | 0.30% | 18,641 | $3.6M | New |
| BKLN Invesco Senior Loan ETF | 0.30% | 169,953 | $3.5M | New |
| AAXJ iShares MSCI All Country Asi | 0.30% | 47,124 | $3.5M | New |
| GE General Electric filed as GE AEROSPACE | 0.30% | 17,333 | $3.5M | Add +103.5% |
| JNJ Johnson & Johnson | 0.29% | 20,819 | $3.5M | Add +86.4% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.29% | 121,112 | $3.4M | New |
| MCD McDonald's Corp. | 0.28% | 10,518 | $3.3M | Add +113.0% |
| ORCL Oracle Corp. | 0.28% | 23,169 | $3.2M | Add +4.7% |
| CHRD Chord Energy Corp. | 0.27% | 27,883 | $3.1M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.27% | 26,409 | $3.1M | Add +52.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.27% | 18,760 | $3.1M | Add +43.7% |
| JEPI JPMorgan Equity Premium Inco | 0.26% | 54,298 | $3.1M | New |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.26% | 57,899 | $3.0M | New |
| VUSB Vanguard Ultra Short Bond Et | 0.25% | 60,000 | $3.0M | New |
| CTRA Coterra Energy Inc. | 0.25% | 103,311 | $3.0M | Add +1.3% |
| PFFD Global X US Preferred ETF | 0.25% | 155,471 | $3.0M | New |
| ACN Accenture PLC Class A | 0.25% | 9,316 | $2.9M | Add +170.0% |
| KRP Kimbell Royalty Partners LP | 0.24% | 199,670 | $2.8M | Add +33.9% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 5,566 | $2.8M | Add +242.3% |
| RUNN Running Oak Efficient GR ETF | 0.24% | 85,424 | $2.8M | New |
| LLY Eli Lilly & Co. | 0.23% | 3,331 | $2.8M | Add +75.3% |
| BXSL Blackstone Secured Lending F | 0.23% | 84,819 | $2.7M | New |
| AMGN Amgen Inc. | 0.23% | 8,735 | $2.7M | Add +107.9% |
| APH Amphenol Corp. Class A | 0.22% | 39,412 | $2.6M | Add +29.6% |
| UNH Unitedhealth Group Inc. | 0.22% | 4,867 | $2.5M | Add +652.2% |
| SNPS Synopsys Inc. | 0.22% | 5,934 | $2.5M | Add +20.6% |
| DGRO iShares Core Dividend Growth | 0.22% | 41,154 | $2.5M | New |
| PDEC Innovator U.S. Equity Power | 0.21% | 65,800 | $2.5M | No change |
| GCOW Pacer Global Cash Cows Divid | 0.21% | 66,719 | $2.5M | New |
| SBUX Starbucks Corp. | 0.21% | 25,141 | $2.5M | Add +5.0% |
| MRK Merck & Co. Inc. | 0.21% | 27,141 | $2.5M | Add +14.3% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $928K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 9,967 | $476K | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 201 | $241K | Reduce -50.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 168 | $208K | Add +1.2% |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 15,000 | $3K | New |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 1.43% | −1.68 |
| UNM Unum Group | Reduce -0.1% | 0.69% | −0.88 |
| FLRN SS SPDR BB Ig Float RT ETF | Reduce -9.8% | 0.41% | −0.75 |
| XT Ishar Fture Exp Tech ETF-Usd | Reduce -93.9% | 0.01% | −0.33 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -73.1% | 0.03% | −0.29 |
| SYF Synchrony Financial | Reduce -98.6% | 0.00% | −0.28 |
| INDA iShares MSCI India ETF | Reduce -67.2% | 0.04% | −0.27 |
| SYNCHRONY FINANCIAL | Sold out | 0.00% | −0.23 |
| HWKN Hawkins Inc. | Reduce -6.0% | 0.09% | −0.20 |
| PYPL PayPal Holdings Inc. | Reduce -15.8% | 0.06% | −0.16 |
| ACI Albertsons Cos Inc. Class A | Reduce -12.5% | 0.10% | −0.15 |
| T AT&T Inc. | Reduce -2.7% | 0.11% | −0.12 |
| MCHP Microchip Technology Inc. | Reduce -5.5% | 0.04% | −0.10 |
| EXPAND ENERGY CORPORATION | Reduce -94.4% | 0.02% | −0.10 |
| MMM 3M Co. | Reduce -74.7% | 0.01% | −0.10 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.09 |
| BNS Bank of Nova Scotia | Sold out | 0.00% | −0.09 |
| EPR Epr Properties | Sold out | 0.00% | −0.09 |
| ZG Zillow Group Inc. Class A | Sold out | 0.00% | −0.08 |
| HR Healthcare Realty Trust Inc. | Sold out | 0.00% | −0.08 |
| PMT Pennymac Mortgage Investment | Reduce -30.1% | 0.03% | −0.07 |
| CACI Caci International Inc. Class A | Sold out | 0.00% | −0.07 |
| ADSK Autodesk Inc. | Reduce -9.9% | 0.03% | −0.07 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −0.06 |
| WBA Walgreens Boots Alliance Inc. | Reduce -99.4% | 0.00% | −0.06 |
| QUALCOMM INC | Sold out | 0.00% | −0.05 |
| STR Sitio Royalties Corp. Class A | Sold out | 0.00% | −0.05 |
| NLY Annaly Capital Management Inc. | Reduce -23.9% | 0.03% | −0.05 |
| AIZ Assurant Inc. | Reduce -5.1% | 0.03% | −0.05 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.04 |
| MET Metlife Inc. | Reduce -0.1% | 0.02% | −0.04 |
| FNA Paragon 28 Inc. | Sold out | 0.00% | −0.04 |
| ET Energy Transfer LP | Reduce -17.3% | 0.02% | −0.04 |
| NVIDIA CORPORATION | Reduce -33.3% | 0.00% | −0.03 |
| BJ Bj's Wholesale Club Holdings | Reduce -7.5% | 0.03% | −0.03 |
| NFG National Fuel Gas Co. | Reduce -1.5% | 0.03% | −0.03 |
| RC Ready Capital Corp. | Reduce -6.5% | 0.01% | −0.03 |
| HLN Haleon PLC-ADR | Reduce -2.6% | 0.02% | −0.03 |
| XLC SS Comm Select Sector SPDR | Reduce -3.5% | 0.01% | −0.02 |
| CRGO Freightos Ltd. | Reduce -12.6% | 0.00% | −0.01 |
| CDZI Cadiz Inc. | Sold out | 0.00% | −0.01 |
| SCHP Schwab U.S. Tips ETF | Reduce -0.9% | 0.00% | −0.00 |
| US BANCORP | Reduce -66.7% | 0.00% | −0.00 |
| SCHR Schwab Intermediate-Term US | Reduce -21.7% | 0.00% | −0.00 |
| US BANCORP | Sold out | 0.00% | −0.00 |
| ALPHABET INC | Sold out | 0.00% | −0.00 |
| SCHI Schwab 5-10 Year Corporate B | Sold out | 0.00% | −0.00 |
| SELECT SECTOR SPDR TR | Sold out | 0.00% | 0.00 |
| EXPAND ENERGY CORPORATION | Reduce -75.0% | 0.01% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| DSTL Distillate US Fundamental St | New | 4.40% | +4.40 |
| IXUS iShares Core Intl Stock ETF | New | 3.72% | +3.72 |
| COWZ Pacer US Cash Cows 100 ETF | New | 3.21% | +3.21 |
| VOO Vanguard S&P 500 ETF | New | 2.60% | +2.60 |
| IAUM iShares Gold Trust Micro | New | 1.62% | +1.62 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 1.33% | +1.33 |
| RSP Invesco S&P 500 Equal Weight | New | 1.27% | +1.27 |
| IEFA iShares Core MSCI Eafe ETF | New | 1.17% | +1.17 |
| JGRO JPMorgan Active Growth ETF | New | 1.15% | +1.15 |
| ICOW Pacer Developed Markets Inte | New | 1.14% | +1.14 |
| VTI VG Morningstar TS MKT ETF-US | New | 1.14% | +1.14 |
| IQLT iShares MSCI International Q | New | 0.96% | +0.96 |
| JMST JPM Ultra-Short Muni Income | New | 0.95% | +0.95 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.90% | +0.90 |
| JPST JPMorgan Ultra-Short Income | New | 0.81% | +0.81 |
| SCHB Schwab US Broad Market ETF | New | 0.73% | +0.73 |
| IVV iShares Core S&P 500 ETF | New | 0.68% | +0.68 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.61% | +0.61 |
| VTHR Vanguard Russell 3000 | New | 0.58% | +0.58 |
| BILS SS Spdrb B 3-12M T-Bill ETF | New | 0.55% | +0.55 |
| OBDC Blue Owl Capital Corp. | New | 0.49% | +0.49 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.49% | +0.49 |
| VEA Vanguard Ftse Developed ETF | New | 0.49% | +0.49 |
| QUAL iShares MSCI USA Quality Fac | New | 0.44% | +0.44 |
| IWF iShares Russell 1000 Growth | New | 0.44% | +0.44 |
| XCEM Columbia Em Core Ex-China | New | 0.43% | +0.43 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.43% | +0.43 |
| JHMM John Hancock Multi Fact Mid | New | 0.41% | +0.41 |
| FLTR Vaneck Ig Floating Rate ETF | New | 0.40% | +0.40 |
| AMLP Alerian MLP ETF | New | 0.39% | +0.39 |
| XLF SS Financial Select Sector | New | 0.39% | +0.39 |
| DFAS Dimensional US Small Cap ETF | New | 0.37% | +0.37 |
| VIG Vanguard Dividend Apprec ETF | New | 0.37% | +0.37 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.36% | +0.36 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.34% | +0.34 |
| PEY Invesco High Yield Equity Di | New | 0.34% | +0.34 |
| IEMG iShares Core MSCI Emerging | New | 0.33% | +0.33 |
| AVUV Avantis US Small Cap Value | New | 0.32% | +0.32 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.31% | +0.31 |
| DBEF Xtrackers MSCI Eafe Hedged E | New | 0.31% | +0.31 |
| IVE iShares S&P 500 Value ETF | New | 0.30% | +0.30 |
| BKLN Invesco Senior Loan ETF | New | 0.30% | +0.30 |
| AAXJ iShares MSCI All Country Asi | New | 0.30% | +0.30 |
| CGGO Cap Group Global Growth | New | 0.29% | +0.29 |
| JEPI JPMorgan Equity Premium Inco | New | 0.26% | +0.26 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.26% | +0.26 |
| VUSB Vanguard Ultra Short Bond Et | New | 0.25% | +0.25 |
| PFFD Global X US Preferred ETF | New | 0.25% | +0.25 |
| RUNN Running Oak Efficient GR ETF | New | 0.24% | +0.24 |
| BXSL Blackstone Secured Lending F | New | 0.23% | +0.23 |
Notes & Other Activity Q4 2024 → Q1 2025
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 9,967 | $476K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -50.9% | 201 | $241K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.2% | 168 | $208K |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | New | 15,000 | $3K |
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 | 1,468 | $5.4B | VV, SCHB, RSP, SPDW, AAPL |
| Q1 2026 | 1,192 | $4.2B | SCHB, VV, SPDW, RSP, META |
| Q4 2025 | 1,391 | $4.5B | SCHB, SPDW, META, RSP, FNDX |
| Q3 2025 | 1,074 | $3.0B | SCHB, META, FNDX, SCHF, MPLX |
| Q2 2025 | 1,051 | $2.6B | META, SCHB, FNDX, SCHF, MPLX |
| Q1 2025 | 767 | $1.2B | MPLX, DSTL, IWV, IXUS, COWZ |
| Q4 2024 | 256 | $462.0M | MPLX, IWV, GLD, AAPL, BRK.B |
| Q3 2024 | 245 | $442.1M | MPLX, IWV, GLD, AAPL, MSFT |
| Q2 2024Amended | 223 | $413.4M | MPLX, IWV, GLD, AAPL, MSFT |
| Q1 2024 | 167 | $375.0M | MPLX, IWV, GLD, AAPL, EPD |