Ameritas Advisory Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Ameritas Advisory Services, LLC reported 856 stock positions worth $2.5 billion. Its top holding was Wisdomtree International Hed (IHDG) at 3.0% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 2.3%) and SS SPDR P S&P 500 Growth ETF (SPYG, 2.1%). Compared with Q4 2024, it opened 43 new positions, sold out of 57, added to 321 and reduced 384. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +11%) and the biggest sale Apple (AAPL, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- Lincoln, NE
- CIK
- 0001901275
- Portfolio Value
- $2.5B (Q1 2025)
- SEC Filing
- 0001901275-25-000005 ↗ filed Apr 25, 2025
Holdings Value
Holdings 856 stocks · $2.5B
| IHDG Wisdomtree International Hed | 2.99% | 1,703,100 | $73.9M | Add +1.2% |
| QQQ Invesco QQQ Trust Series 1 | 2.30% | 115,036 | $56.8M | Reduce -20.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.12% | 644,502 | $52.4M | Reduce -13.0% |
| QUAL iShares MSCI USA Quality Fac | 2.04% | 295,723 | $50.6M | Reduce -6.2% |
| JAAA Janus Henderson Aaa Clo ETF | 2.01% | 981,854 | $49.8M | Add +11.3% |
| SCHD Schwab US DVD Equity ETF | 2.00% | 1,788,065 | $49.6M | Reduce -17.7% |
| FDRR Fidelity Div ETF Rise Rates | 1.98% | 979,150 | $48.9M | Reduce -0.9% |
| FBND Fidelity Total Bond ETF | 1.95% | 1,063,134 | $48.3M | Add +3.3% |
| IWF iShares Russell 1000 Growth | 1.85% | 122,388 | $45.9M | Add +4.0% |
| IJH iShares Core S&P Midcap ETF | 1.69% | 695,984 | $41.8M | Reduce -5.3% |
| AAPL Apple Inc. | 1.67% | 172,647 | $41.3M | Reduce -57.0% |
| MTUM iShares MSCI USA Momentum Fa | 1.55% | 189,799 | $38.4M | Reduce -12.1% |
| AGOX Adaptive Alpha Opportunities | 1.36% | 1,377,428 | $33.8M | Reduce -4.4% |
| IVV iShares Core S&P 500 ETF | 1.30% | 55,419 | $32.2M | Reduce -45.7% |
| PULS Pgim Ultra Short Bond ETF | 1.16% | 578,068 | $28.7M | Add +5.9% |
| SRLN SS Blackstone Sr Loan ETF | 1.15% | 690,648 | $28.4M | Reduce -5.2% |
| STPZ PIMCO 1-5 Year US Tips Index | 1.06% | 486,238 | $26.3M | Reduce -0.9% |
| PAAA Pgim Aaa Clo ETF | 1.05% | 504,584 | $25.9M | Reduce -34.9% |
| MSFT Microsoft Corp. | 0.97% | 59,616 | $24.0M | Reduce -26.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.88% | 37,810 | $21.7M | Reduce -32.6% |
| AMZN Amazon.com Inc. | 0.86% | 101,945 | $21.2M | Reduce -13.5% |
| VOO Vanguard S&P 500 ETF | 0.77% | 36,201 | $19.1M | Reduce -39.1% |
| NVDA Nvidia Corp. | 0.75% | 150,715 | $18.5M | Reduce -20.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.74% | 36,493 | $18.3M | Reduce -41.6% |
| XLK SS Technology Select Sector | 0.72% | 84,395 | $17.7M | Add +5.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.71% | 45,616 | $17.6M | Reduce -0.7% |
| PAVE Global X US Infrastructure | 0.70% | 455,420 | $17.2M | Add +8.5% |
| IJR iShares Core S&P Small-Cap E | 0.67% | 149,848 | $16.7M | Reduce -11.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.66% | 72,338 | $16.3M | Add +9.9% |
| JPST JPMorgan Ultra-Short Income | 0.65% | 316,962 | $16.0M | Add +3.2% |
| IVW iShares S&P 500 Growth ETF | 0.65% | 164,467 | $16.0M | Reduce -10.3% |
| IOO iShares Global 100 ETF | 0.64% | 161,485 | $15.9M | Reduce -3.4% |
| FDLO Fidelity Low Volat Fact ETF | 0.63% | 255,706 | $15.5M | Reduce -2.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.62% | 89,879 | $15.4M | Reduce -29.8% |
| JQUA JPMorgan US Quality Factor | 0.61% | 265,493 | $15.2M | Reduce -36.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.59% | 52,156 | $14.7M | Reduce -26.2% |
| XLRE SS Real Estate Select Sector | 0.59% | 350,211 | $14.7M | Add +4.5% |
| CGGR Cap Group Growth Equity | 0.56% | 386,176 | $13.8M | Reduce -1.2% |
| DSI iShares ESG MSCI KLD 400 ETF | 0.52% | 126,799 | $13.0M | Reduce -33.5% |
| IUSV iShares Core S&P U.S. Value | 0.51% | 137,525 | $12.7M | Reduce -22.5% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.50% | 346,308 | $12.3M | Add +8.2% |
| VIG Vanguard Dividend Apprec ETF | 0.50% | 63,172 | $12.3M | Reduce -32.8% |
| VYM Vanguard High DVD Yield ETF | 0.49% | 93,644 | $12.0M | Reduce -14.1% |
| FIW First Trust Water ETF | 0.48% | 117,982 | $11.9M | Add +27.5% |
| HEQT Simplify Hedged Equity ETF | 0.41% | 348,050 | $10.2M | Reduce -16.2% |
| IQLT iShares MSCI International Q | 0.40% | 264,484 | $9.9M | Reduce -20.9% |
| LMBS First Trust Low Duration Opp | 0.39% | 196,423 | $9.6M | Reduce -5.0% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.38% | 186,081 | $9.5M | Reduce -11.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.38% | 102,147 | $9.4M | Reduce -12.8% |
| WMT Walmart Inc. | 0.37% | 102,746 | $9.2M | Reduce -8.3% |
| GLD SPDR Gold Shares | 0.37% | 33,795 | $9.2M | Reduce -19.6% |
| TSLA Tesla Inc. | 0.36% | 26,043 | $8.8M | Reduce -54.8% |
| AVUV Avantis US Small Cap Value | 0.35% | 93,349 | $8.7M | Add +7.3% |
| JPM JPMorgan Chase & Co. | 0.34% | 34,775 | $8.4M | Reduce -21.9% |
| FIXD First Trust Smith Opportunis | 0.34% | 191,889 | $8.4M | Reduce -30.9% |
| JEPI JPMorgan Equity Premium Inco | 0.34% | 145,064 | $8.3M | Reduce -0.4% |
| TBIL F/M US Treasury 3 Month Bill | 0.33% | 163,368 | $8.2M | Add +15.0% |
| VHT Vanguard Health Care ETF | 0.33% | 31,194 | $8.1M | Add +5.1% |
| UCON First Trust Smith Unconstrai | 0.33% | 326,034 | $8.1M | Add +3.5% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.32% | 266,235 | $8.0M | Add +3.6% |
| CAT Caterpillar Inc. | 0.32% | 22,911 | $7.9M | Add +26.0% |
| SGOV iShares 0-3 Month Treasury B | 0.32% | 77,800 | $7.8M | Add +46.7% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.31% | 18,288 | $7.7M | Reduce -47.0% |
| COWZ Pacer US Cash Cows 100 ETF | 0.31% | 139,184 | $7.7M | Reduce -5.8% |
| META Meta Platforms Inc. Class A | 0.31% | 13,063 | $7.6M | Reduce -7.1% |
| QGRO American Century US Quality | 0.31% | 76,445 | $7.6M | Reduce -16.6% |
| GOOG Alphabet Inc. Class C | 0.30% | 40,773 | $7.4M | Reduce -4.3% |
| FTSM First Trust Enh Short Mat FD | 0.29% | 120,799 | $7.2M | Add +91.5% |
| MINT PIMCO Enhanced Short Maturit | 0.29% | 71,214 | $7.2M | Add +172.4% |
| LGLV SPDR US LC Low Vol Idx | 0.28% | 40,631 | $7.1M | Add +1655.1% |
| VGT Vanguard Info Tech ETF | 0.28% | 11,881 | $6.9M | Reduce -14.8% |
| VDE Vanguard Energy ETF | 0.27% | 51,886 | $6.7M | Reduce -7.3% |
| DGRW Wisdomtree U.S. Quality Divi | 0.27% | 83,621 | $6.7M | Add +1.7% |
| PG The Procter & Gamble Co. | 0.27% | 38,986 | $6.6M | Reduce -17.0% |
| FBT First Trust Nyse Arca Biotec | 0.26% | 38,426 | $6.5M | Reduce -2.5% |
| IWD iShares Russell 1000 Value E | 0.26% | 34,762 | $6.4M | Reduce -4.3% |
| VOOV Vanguard S&P 500 Value ETF | 0.26% | 34,823 | $6.4M | Add +39.6% |
| XLE SS Energy Select Sector | 0.26% | 71,022 | $6.3M | Reduce -8.2% |
| OUNZ Vaneck Merk Gold ETF | 0.25% | 246,239 | $6.3M | Reduce -11.7% |
| VWO Vanguard Ftse Emerging Marke | 0.25% | 139,164 | $6.3M | Add +9.2% |
| JMUB JPMorgan Municipal ETF | 0.25% | 125,154 | $6.3M | Reduce -35.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.25% | 69,693 | $6.3M | Add +10.4% |
| AOK iShares Core 30/70 Conservat | 0.25% | 166,054 | $6.2M | New |
| FTHI Fthi/First Trust Exchange-TR | 0.25% | 271,976 | $6.2M | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 0.25% | 36,538 | $6.2M | Reduce -18.0% |
| USFR Wisdomtree Floating Rate Tre | 0.25% | 121,975 | $6.1M | Add +4.6% |
| XOM Exxon Mobil Corp. | 0.25% | 54,578 | $6.1M | Add +1.9% |
| LLY Eli Lilly & Co. | 0.24% | 7,475 | $6.0M | Reduce -36.4% |
| FTQI First Trust Nasdaq Buywrite | 0.23% | 290,153 | $5.8M | Add +0.0% |
| SCHG Schwab US Large-Cap Growth | 0.23% | 226,963 | $5.8M | Add +4.0% |
| RWL Invesco S&P 500 Revenue ETF | 0.23% | 57,795 | $5.7M | Reduce -6.3% |
| LVHI Franklin International Low V | 0.23% | 176,489 | $5.7M | New |
| HD Home Depot Inc. | 0.23% | 15,088 | $5.7M | Reduce -4.5% |
| RDVY First Trust Rising Dividend | 0.23% | 96,843 | $5.7M | Reduce -8.4% |
| CVX Chevron Corp. | 0.23% | 36,572 | $5.6M | Add +1.8% |
| IWV iShares Russell 3000 ETF | 0.23% | 17,687 | $5.6M | New |
| VGIT Vanguard Intermediate-Term T | 0.23% | 94,592 | $5.6M | Reduce -42.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.23% | 27,309 | $5.6M | Reduce -37.7% |
| PHYS Sprott Physical Gold Trust | 0.23% | 277,471 | $5.6M | Reduce -12.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.23% | 21,514 | $5.6M | Reduce -12.5% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $904K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 555 | $682K | Reduce -2.6% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 185 | $221K | Reduce -5.1% |
Total filed on the 13F, all lines: $2.5B.
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -57.0% | 1.67% | −1.80 |
| IVV iShares Core S&P 500 ETF | Reduce -45.7% | 1.30% | −0.77 |
| TSLA Tesla Inc. | Reduce -54.8% | 0.36% | −0.45 |
| VOO Vanguard S&P 500 ETF | Reduce -39.1% | 0.77% | −0.33 |
| PAAA Pgim Aaa Clo ETF | Reduce -34.9% | 1.05% | −0.33 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -32.6% | 0.88% | −0.26 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -20.2% | 2.30% | −0.25 |
| IUSG iShares Core S&P U.S. Growth | Reduce -77.8% | 0.08% | −0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -41.6% | 0.74% | −0.24 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -54.5% | 0.22% | −0.23 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.22 |
| MSFT Microsoft Corp. | Reduce -26.9% | 0.97% | −0.22 |
| UPS United Parcel Service Class B | Reduce -86.9% | 0.04% | −0.22 |
| JQUA JPMorgan US Quality Factor | Reduce -36.1% | 0.61% | −0.21 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -76.0% | 0.08% | −0.20 |
| AVGO Broadcom Inc. | Reduce -54.5% | 0.20% | −0.20 |
| DSI iShares ESG MSCI KLD 400 ETF | Reduce -33.5% | 0.52% | −0.20 |
| QUS SS SPDR MSCI U Stratfact ETF | Reduce -92.9% | 0.02% | −0.20 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -47.0% | 0.31% | −0.19 |
| JMST JPM Ultra-Short Muni Income | Sold out | 0.00% | −0.17 |
| VIG Vanguard Dividend Apprec ETF | Reduce -32.8% | 0.50% | −0.14 |
| CAVA Cava Group Inc. | Sold out | 0.00% | −0.14 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -75.9% | 0.05% | −0.14 |
| SHW The Sherwin-Williams Co. | Reduce -85.9% | 0.03% | −0.14 |
| NVDA Nvidia Corp. | Reduce -20.6% | 0.75% | −0.13 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -13.0% | 2.12% | −0.13 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -29.8% | 0.62% | −0.13 |
| BOXX Alpha Architect 1-3 MNTH Box | Sold out | 0.00% | −0.13 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -26.2% | 0.59% | −0.11 |
| VGIT Vanguard Intermediate-Term T | Reduce -42.3% | 0.23% | −0.10 |
| PPG PPG Industries Inc. | Reduce -86.0% | 0.02% | −0.10 |
| MSTR Strategy Inc. | Reduce -80.5% | 0.03% | −0.09 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -37.7% | 0.23% | −0.09 |
| GSY Invesco Ultra Short Duration | Reduce -42.1% | 0.18% | −0.08 |
| INTC Intel Corp. | Reduce -85.1% | 0.02% | −0.08 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -51.0% | 0.11% | −0.08 |
| JMUB JPMorgan Municipal ETF | Reduce -35.4% | 0.25% | −0.08 |
| FIXD First Trust Smith Opportunis | Reduce -30.9% | 0.34% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -36.4% | 0.24% | −0.07 |
| NULV Nuveen ESG Large-Cap Val ETF | Reduce -41.5% | 0.17% | −0.07 |
| DFAI Dimensional International Co. | Reduce -59.7% | 0.07% | −0.07 |
| BA The Boeing Co. | Reduce -43.1% | 0.12% | −0.06 |
| OKE Oneok Inc. | Reduce -38.8% | 0.15% | −0.06 |
| DGRO iShares Core Dividend Growth | Reduce -51.5% | 0.08% | −0.06 |
| HELO JPMorgan Hedged Equity ETF | Reduce -35.6% | 0.17% | −0.06 |
| BIV Vanguard Intermediate-Term B | Reduce -53.8% | 0.06% | −0.05 |
| IUSV iShares Core S&P U.S. Value | Reduce -22.5% | 0.51% | −0.05 |
| RQI Cohen & Steers Qual Inc. RLTY | Reduce -63.8% | 0.04% | −0.05 |
| SCHD Schwab US DVD Equity ETF | Reduce -17.7% | 2.00% | −0.05 |
| MSI Motorola Solutions Inc. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| JAAA Janus Henderson Aaa Clo ETF | Add +11.3% | 2.01% | +0.47 |
| IHDG Wisdomtree International Hed | Add +1.2% | 2.99% | +0.46 |
| FBND Fidelity Total Bond ETF | Add +3.3% | 1.95% | +0.36 |
| LGLV SPDR US LC Low Vol Idx | Add +1655.1% | 0.28% | +0.27 |
| AOK iShares Core 30/70 Conservat | New | 0.25% | +0.25 |
| LVHI Franklin International Low V | New | 0.23% | +0.23 |
| PULS Pgim Ultra Short Bond ETF | Add +5.9% | 1.16% | +0.23 |
| IWV iShares Russell 3000 ETF | New | 0.23% | +0.23 |
| ICVT iShares Convertible Bond ETF | New | 0.22% | +0.22 |
| IWF iShares Russell 1000 Growth | Add +4.0% | 1.85% | +0.22 |
| MINT PIMCO Enhanced Short Maturit | Add +172.4% | 0.29% | +0.20 |
| FTSM First Trust Enh Short Mat FD | Add +91.5% | 0.29% | +0.16 |
| FIW First Trust Water ETF | Add +27.5% | 0.48% | +0.15 |
| SGOV iShares 0-3 Month Treasury B | Add +46.7% | 0.32% | +0.13 |
| XLRE SS Real Estate Select Sector | Add +4.5% | 0.59% | +0.12 |
| PYLD PIMCO Multisector Bond Actv | Add +126.4% | 0.19% | +0.12 |
| JPST JPMorgan Ultra-Short Income | Add +3.2% | 0.65% | +0.11 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +9.9% | 0.66% | +0.11 |
| PAVE Global X US Infrastructure | Add +8.5% | 0.70% | +0.11 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Add +83.2% | 0.19% | +0.11 |
| CGDV Cap Group Dividend Value | Add +8.2% | 0.50% | +0.11 |
| VOOV Vanguard S&P 500 Value ETF | Add +39.6% | 0.26% | +0.10 |
| CAT Caterpillar Inc. | Add +26.0% | 0.32% | +0.09 |
| TBIL F/M US Treasury 3 Month Bill | Add +15.0% | 0.33% | +0.09 |
| XLK SS Technology Select Sector | Add +5.2% | 0.72% | +0.07 |
| VHT Vanguard Health Care ETF | Add +5.1% | 0.33% | +0.07 |
| PDBC Invesco Optimum Yield Divers | Add +17.8% | 0.21% | +0.06 |
| SPHQ Invesco S&P 500 Quality ETF | Add +21.6% | 0.22% | +0.06 |
| AVUV Avantis US Small Cap Value | Add +7.3% | 0.35% | +0.06 |
| DTE DTE Energy Company | New | 0.06% | +0.06 |
| VWO Vanguard Ftse Emerging Marke | Add +9.2% | 0.25% | +0.06 |
| USMV iShares MSCI USA Min Vol Fac | Add +10.4% | 0.25% | +0.06 |
| ECOW Pacer Emerging Markets Cash | Add +15.9% | 0.19% | +0.06 |
| UCON First Trust Smith Unconstrai | Add +3.5% | 0.33% | +0.06 |
| OUSA Alps Oshares US Quality Divi | Add +82.5% | 0.11% | +0.06 |
| VALQ American Century US Quality | Add +82.1% | 0.11% | +0.06 |
| ITOT iShares Core S&P Total U.S. | Add +64.1% | 0.11% | +0.05 |
| FDL First Trust Morn DVD Lead Inc. | Add +37.9% | 0.13% | +0.05 |
| PINS Pinterest Inc. Class A | New | 0.05% | +0.05 |
| ALL Allstate Corp. | Add +108.3% | 0.08% | +0.05 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +3.6% | 0.32% | +0.05 |
| CGXU Cap Group Intl Focus | Add +22.5% | 0.17% | +0.05 |
| PCG P G & E Corp. | New | 0.05% | +0.05 |
| XOM Exxon Mobil Corp. | Add +1.9% | 0.25% | +0.05 |
| CVX Chevron Corp. | Add +1.8% | 0.23% | +0.05 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +11.3% | 0.20% | +0.05 |
| BSV Vanguard Short-Term Bond ETF | Add +17.4% | 0.16% | +0.05 |
| EME Emcor Group Inc. | New | 0.05% | +0.05 |
| USFR Wisdomtree Floating Rate Tre | Add +4.6% | 0.25% | +0.05 |
| ILCG iShares Morningstar Growth E | New | 0.04% | +0.04 |
Notes & Other Activity Q4 2024 → Q1 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.6% | 555 | $682K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -5.1% | 185 | $221K |
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 | 1,934 | $4.9B | AAPL, JAAA, SPYG, IVV, IWF |
| Q1 2026 | 1,073 | $2.6B | AAPL, JAAA, IHDG, QQQ, VOO |
| Q4 2025 | 924 | $2.7B | AAPL, QQQ, IHDG, JAAA, SPYG |
| Q3 2025 | 2,098 | $1.5B | QQQ, IVV, AAPL, IWF, MSFT |
| Q2 2025 | 2,829 | $1.9B | IHDG, SPYG, JAAA, IWF, QQQ |
| Q1 2025 | 856 | $2.5B | IHDG, QQQ, SPYG, QUAL, JAAA |
| Q4 2024 | 870 | $2.9B | AAPL, QQQ, IHDG, SPYG, IVV |
| Q3 2024 | 843 | $2.3B | IHDG, QQQ, SCHD, SPYG, QUAL |
| Q2 2024 | 895 | $2.7B | AAPL, QQQ, SCHD, IHDG, IVV |
| Q1 2024 | 870 | $2.4B | AAPL, QQQ, SCHD, IHDG, IVV |