Annex Advisory Services, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 16, 2026), Annex Advisory Services, LLC reported 374 stock positions worth $5.3 billion. Its top holding was Victoryshares Core Plus Bond (UBND) at 7.2% of the portfolio, followed by Goldman Sachs Activebeta Int (GSIE, 4.5%) and Avantis U.S. Equity ETF (AVUS, 4.0%). Compared with Q4 2025, it opened 37 new positions, sold out of 20, added to 129 and reduced 178. The biggest buy was Goldman Sachs Activebeta Int (GSIE, shares +309%) and the biggest sale Harbor Intl Compounders ETF (OSEA, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BROOKFIELD, WI
- CIK
- 0001542287
- Portfolio Value
- $5.3B (Q1 2026)
- SEC Filing
- 0001542287-26-000002 ↗ filed Apr 16, 2026
Holdings Value
Holdings 374 stocks · $5.3B
| UBND Victoryshares Core Plus Bond | 7.22% | 17,683,091 | $385.1M | Add +4.2% |
| GSIE Goldman Sachs Activebeta Int | 4.51% | 5,577,023 | $240.5M | Add +308.6% |
| AVUS Avantis U.S. Equity ETF | 4.02% | 1,929,071 | $214.5M | Reduce -21.7% |
| SMTH Alps SMTH Cor BD Plus ETF | 3.89% | 8,057,413 | $207.5M | Add +15.5% |
| DFAU Dimensional US Core Equity M | 3.13% | 3,707,366 | $167.3M | Add +29.2% |
| IOO iShares Global 100 ETF | 2.88% | 1,271,829 | $153.9M | Reduce -0.4% |
| DFAI Dimensional International Co. | 2.86% | 3,912,260 | $152.4M | New |
| NVDA Nvidia Corp. | 2.65% | 809,750 | $141.2M | Add +12.8% |
| AVDE Avantis International Equity | 2.47% | 1,555,705 | $132.0M | Reduce -17.6% |
| AVEM Avantis Emerging Markets Eq | 2.31% | 1,533,037 | $123.5M | Reduce -27.2% |
| AAPL Apple Inc. | 2.19% | 460,120 | $116.8M | Reduce -1.1% |
| AMZN Amazon.com Inc. | 1.85% | 472,785 | $98.5M | Add +2.6% |
| LRGF iShares US Equity Factor ETF | 1.68% | 1,361,862 | $89.9M | New |
| MSFT Microsoft Corp. | 1.66% | 238,941 | $88.4M | Add +46.6% |
| DFIC Dimensional International Co. | 1.64% | 2,461,444 | $87.5M | Reduce -2.1% |
| BAB Invesco Taxable Municipal Bo | 1.61% | 3,179,994 | $85.7M | Add +3.7% |
| PCY Invesco Emerging Markets Sov | 1.57% | 4,002,668 | $83.7M | New |
| TKO Tko Group Holdings Inc. | 1.56% | 413,103 | $83.3M | Add +3.5% |
| FALN iShares Fallen Angels ETF | 1.52% | 3,038,602 | $81.2M | New |
| GOOGL Alphabet Inc. Class A | 1.44% | 267,265 | $76.9M | Add +39.9% |
| ADI Analog Devices Inc. | 1.43% | 240,485 | $76.5M | Add +82.2% |
| DFAE Dimensional Emerging Core Eq | 1.33% | 2,099,668 | $71.1M | New |
| V Visa Inc. Class A | 1.32% | 233,433 | $70.6M | Add +4.1% |
| AVGO Broadcom Inc. | 1.31% | 225,201 | $69.7M | Add +3.0% |
| IAGG iShares Intl Aggregate Bond | 1.26% | 1,346,915 | $67.4M | New |
| META Meta Platforms Inc. Class A | 1.21% | 113,303 | $64.8M | Reduce -20.6% |
| NEE Nextera Energy Inc. | 1.09% | 624,424 | $58.0M | Add +1299.0% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.07% | 43,080 | $56.9M | Reduce -34.2% |
| MS Morgan Stanley | 1.06% | 344,831 | $56.7M | Add +3.0% |
| SPOT Spotify Technology SA | 1.05% | 116,041 | $56.3M | Add +89.5% |
| EXPE Expedia Group Inc. | 1.00% | 231,093 | $53.4M | Add +42.5% |
| ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU | 0.95% | 741,102 | $50.7M | New |
| FCX Freeport-McMoran Inc. | 0.87% | 792,650 | $46.6M | Reduce -17.2% |
| MEDP Medpace Holdings Inc. | 0.85% | 94,656 | $45.5M | Add +3.2% |
| PBR Petroleo Brasileiro-Spon ADR | 0.83% | 2,132,353 | $44.2M | Add +1.1% |
| SMLF iShares US Smallcap Equity F | 0.79% | 560,961 | $42.3M | New |
| ORLY O'reilly Automotive Inc. | 0.75% | 434,926 | $40.1M | Add +1.2% |
| COST Costco Wholesale Corp. | 0.75% | 40,118 | $40.0M | Add +1.5% |
| VCTR Victory Capital Holding - A | 0.73% | 591,842 | $38.8M | Add +3.0% |
| UBER Uber Technologies Inc. | 0.72% | 536,465 | $38.6M | Reduce -13.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.72% | 119,991 | $38.5M | Reduce -2.6% |
| FWONK Liberty Media Corp. Class C | 0.70% | 439,548 | $37.4M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.68% | 738,938 | $36.0M | Add +1004.8% |
| EMGF iShares Emerging Markets Equ | 0.67% | 591,848 | $35.8M | New |
| TPL Texas Pacific Land Corp. | 0.67% | 75,040 | $35.6M | Add +133.9% |
| GRBK Green Brick Partners Inc. | 0.66% | 549,736 | $35.4M | Add +3.2% |
| GFLW VS Free Cash Flow Growth ETF filed as VICTORY PORTFOLIOS II | 0.66% | 1,339,321 | $35.2M | Reduce -50.0% |
| MELI MercadoLibre Inc. | 0.66% | 20,310 | $35.1M | Reduce -21.8% |
| QLTY GMO U.S. Quality ETF | 0.61% | 896,626 | $32.4M | Add +10.6% |
| VRT Vertiv Holdings Co. Class A | 0.60% | 128,392 | $32.2M | New |
| HOOD Robinhood Markets Inc. Class A | 0.59% | 456,295 | $31.6M | Reduce -9.4% |
| XBI SS SPDR S&P Biotech ETF | 0.59% | 247,103 | $31.6M | New |
| KBWB Invesco KBW Bank ETF | 0.58% | 389,057 | $30.8M | New |
| ISRG Intuitive Surgical Inc. | 0.57% | 66,193 | $30.5M | Add +3.2% |
| GMED Globus Medical Inc. Class A | 0.57% | 350,387 | $30.2M | Add +48.7% |
| CVX Chevron Corp. | 0.56% | 144,609 | $29.9M | Add +1.0% |
| LMAT Lemaitre Vascular Inc. | 0.51% | 250,610 | $27.4M | Add +2.8% |
| UFPT Ufp Technologies Inc. | 0.47% | 130,394 | $25.2M | Add +2.8% |
| FNV Franco-Nevada Corp. | 0.44% | 94,173 | $23.3M | Reduce -52.9% |
| PYLD PIMCO Multisector Bond Actv | 0.42% | 847,522 | $22.2M | Add +126.9% |
| VFLO Victoryshares Free Cash Flow | 0.39% | 528,167 | $20.9M | Reduce -62.1% |
| BBLU Ea Bridgeway Blue Chip ETF | 0.39% | 1,411,687 | $20.8M | Reduce -2.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.39% | 211,498 | $20.7M | Reduce -0.7% |
| FPEI First Trust Institutional PR | 0.37% | 1,025,517 | $19.5M | Add +5.5% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.36% | 240,396 | $19.0M | Reduce -1.6% |
| VGT Vanguard Info Tech ETF | 0.35% | 27,040 | $18.9M | Reduce -2.1% |
| VIG Vanguard Dividend Apprec ETF | 0.35% | 86,655 | $18.6M | Reduce -5.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 53,111 | $17.9M | Reduce -7.1% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.33% | 354,816 | $17.5M | Add +7.9% |
| MFSI MFS Active International | 0.33% | 587,778 | $17.5M | Reduce -80.4% |
| PM Philip Morris International | 0.32% | 102,261 | $16.9M | Add +6.9% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.30% | 111,415 | $16.1M | Add +20.5% |
| JPM JPMorgan Chase & Co. | 0.29% | 52,287 | $15.4M | Add +8.5% |
| HON Honeywell International Inc. | 0.26% | 61,433 | $13.9M | Add +3.8% |
| WEC WEC Energy Group Inc. | 0.24% | 111,840 | $12.9M | Reduce -2.0% |
| XLP SS Consumer Staples Sel Sect | 0.23% | 150,032 | $12.3M | Add +10.7% |
| CRM Salesforce Inc. | 0.23% | 65,047 | $12.1M | Add +70.4% |
| ABBV Abbvie Inc. | 0.22% | 55,040 | $12.0M | Reduce -8.9% |
| IWL iShares Russell Top 200 ETF | 0.22% | 74,071 | $11.9M | Reduce -2.3% |
| ETN Eaton Corp. PLC | 0.21% | 31,700 | $11.3M | Add +0.7% |
| AVDV Avantis Intl S/C Value ETF | 0.21% | 112,052 | $11.2M | Reduce -75.9% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 21,900 | $10.8M | Add +3.9% |
| GS Goldman Sachs Group Inc. | 0.19% | 12,293 | $10.4M | Add +2.1% |
| WMB Williams Cos Inc. | 0.19% | 142,708 | $10.4M | Reduce -39.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.16% | 148,308 | $8.6M | Reduce -87.9% |
| RSP Invesco S&P 500 Equal Weight | 0.16% | 44,338 | $8.5M | Reduce -2.6% |
| JNJ Johnson & Johnson | 0.16% | 34,050 | $8.3M | Add +2.0% |
| VLO Valero Energy Corp. | 0.15% | 33,465 | $8.3M | Reduce -27.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.15% | 12,128 | $7.9M | Reduce -2.2% |
| MRSH Marsh & McLennan Cos | 0.15% | 44,744 | $7.8M | Add +1.4% |
| CTAS Cintas Corp. | 0.14% | 43,352 | $7.3M | Reduce -59.6% |
| UNH Unitedhealth Group Inc. | 0.13% | 26,420 | $7.1M | Add +2.5% |
| MNST Monster Beverage Corp. | 0.13% | 96,634 | $7.0M | Reduce -21.6% |
| XLV SS Health Care Select Sector | 0.13% | 46,469 | $6.8M | Reduce -0.3% |
| QUAL iShares MSCI USA Quality Fac | 0.13% | 35,482 | $6.8M | Reduce -4.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.13% | 25,657 | $6.7M | Reduce -10.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.13% | 11,582 | $6.7M | Add +1.2% |
| GSY Invesco Ultra Short Duration | 0.12% | 129,048 | $6.5M | Reduce -91.7% |
| IVV iShares Core S&P 500 ETF | 0.12% | 9,600 | $6.3M | Reduce -3.3% |
| TOL Toll Brothers Inc. | 0.12% | 45,833 | $6.3M | Add +3.6% |
Options reported separately and not counted above: PFE calls ($28K).
Portfolio Sells Q4 2025 → Q1 2026
| OSEA Harbor Intl Compounders ETF | Reduce -98.1% | 0.03% | −1.66 |
| MBB iShares MBS ETF | Reduce -98.6% | 0.02% | −1.62 |
| MFSI MFS Active International | Reduce -80.4% | 0.33% | −1.42 |
| GSY Invesco Ultra Short Duration | Reduce -91.7% | 0.12% | −1.37 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -87.9% | 0.16% | −1.26 |
| AVUS Avantis U.S. Equity ETF | Reduce -21.7% | 4.02% | −1.24 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Reduce -98.7% | 0.01% | −1.14 |
| GRIN Victoryshares Intl FR CSH FL | Reduce -95.8% | 0.05% | −1.10 |
| GSWO Goldman Sachs Activebeta Wor | Reduce -99.3% | 0.01% | −1.00 |
| ORCL Oracle Corp. | Reduce -91.3% | 0.06% | −0.88 |
| AVEM Avantis Emerging Markets Eq | Reduce -27.2% | 2.31% | −0.78 |
| GFLW VS Free Cash Flow Growth ETF | Reduce -50.0% | 0.66% | −0.78 |
| ZETA Zeta Global Holdings Corp. Class A | Reduce -91.6% | 0.05% | −0.75 |
| RBRK Rubrik Inc. Class A | Reduce -97.0% | 0.01% | −0.70 |
| VFLO Victoryshares Free Cash Flow | Reduce -62.1% | 0.39% | −0.66 |
| WST West Pharmaceutical Services | Reduce -98.8% | 0.01% | −0.64 |
| AVDV Avantis Intl S/C Value ETF | Reduce -75.9% | 0.21% | −0.63 |
| META Meta Platforms Inc. Class A | Reduce -20.6% | 1.21% | −0.58 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.51 |
| HOOD Robinhood Markets Inc. Class A | Reduce -9.4% | 0.59% | −0.50 |
| AVDE Avantis International Equity | Reduce -17.6% | 2.47% | −0.49 |
| GLBE Global-E Online Ltd. | Reduce -90.0% | 0.04% | −0.44 |
| FNV Franco-Nevada Corp. | Reduce -52.9% | 0.44% | −0.36 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −0.35 |
| MELI MercadoLibre Inc. | Reduce -21.8% | 0.66% | −0.34 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -34.2% | 1.07% | −0.27 |
| HHH Howard Hughes Holdings Inc. | Reduce -87.2% | 0.03% | −0.25 |
| CTAS Cintas Corp. | Reduce -59.6% | 0.14% | −0.25 |
| UBER Uber Technologies Inc. | Reduce -13.4% | 0.72% | −0.24 |
| LB Landbridge Co. LLC-A | Reduce -89.8% | 0.04% | −0.24 |
| AAPL Apple Inc. | Reduce -1.1% | 2.19% | −0.23 |
| IOO iShares Global 100 ETF | Reduce -0.4% | 2.88% | −0.21 |
| ABT Abbott Laboratories | Reduce -52.1% | 0.08% | −0.13 |
| GSHD Goosehead Insurance Inc. Class A | Sold out | 0.00% | −0.12 |
| WMB Williams Cos Inc. | Reduce -39.6% | 0.19% | −0.08 |
| SO The Southern Co. | Reduce -89.1% | 0.01% | −0.07 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.6% | 0.72% | −0.07 |
| FCX Freeport-McMoran Inc. | Reduce -17.2% | 0.87% | −0.06 |
| IWB iShares Russell 1000 ETF | Reduce -74.5% | 0.02% | −0.05 |
| MNST Monster Beverage Corp. | Reduce -21.6% | 0.13% | −0.05 |
| SCHD Schwab US DVD Equity ETF | Reduce -35.9% | 0.12% | −0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.7% | 0.39% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -31.5% | 0.05% | −0.05 |
| VGT Vanguard Info Tech ETF | Reduce -2.1% | 0.35% | −0.04 |
| ABBV Abbvie Inc. | Reduce -8.9% | 0.22% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -31.9% | 0.05% | −0.04 |
| VIG Vanguard Dividend Apprec ETF | Reduce -5.0% | 0.35% | −0.03 |
| ACWV iShares MSCI Global Min Vol | Reduce -28.8% | 0.08% | −0.03 |
| NATH Nathan's Famous Inc. | Sold out | 0.00% | −0.03 |
| RDVT Red Violet Inc. | Reduce -17.4% | 0.03% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| GSIE Goldman Sachs Activebeta Int | Add +308.6% | 4.51% | +3.39 |
| DFAI Dimensional International Co. | New | 2.86% | +2.86 |
| LRGF iShares US Equity Factor ETF | New | 1.68% | +1.68 |
| PCY Invesco Emerging Markets Sov | New | 1.57% | +1.57 |
| FALN iShares Fallen Angels ETF | New | 1.52% | +1.52 |
| DFAE Dimensional Emerging Core Eq | New | 1.33% | +1.33 |
| IAGG iShares Intl Aggregate Bond | New | 1.26% | +1.26 |
| NEE Nextera Energy Inc. | Add +1299.0% | 1.09% | +1.02 |
| ROBO Robo Global Robotics and Aut | New | 0.95% | +0.95 |
| SMLF iShares US Smallcap Equity F | New | 0.79% | +0.79 |
| ADI Analog Devices Inc. | Add +82.2% | 1.43% | +0.75 |
| FWONK Liberty Media Corp. Class C | New | 0.70% | +0.70 |
| EMGF iShares Emerging Markets Equ | New | 0.67% | +0.67 |
| BAC Bank of America Corp. | Add +1004.8% | 0.68% | +0.60 |
| VRT Vertiv Holdings Co. Class A | New | 0.60% | +0.60 |
| XBI SS SPDR S&P Biotech ETF | New | 0.59% | +0.59 |
| KBWB Invesco KBW Bank ETF | New | 0.58% | +0.58 |
| DFAU Dimensional US Core Equity M | Add +29.2% | 3.13% | +0.57 |
| TPL Texas Pacific Land Corp. | Add +133.9% | 0.67% | +0.49 |
| SMTH Alps SMTH Cor BD Plus ETF | Add +15.5% | 3.89% | +0.42 |
| SPOT Spotify Technology SA | Add +89.5% | 1.05% | +0.38 |
| PBR Petroleo Brasileiro-Spon ADR | Add +1.1% | 0.83% | +0.35 |
| GOOGL Alphabet Inc. Class A | Add +39.9% | 1.44% | +0.30 |
| PYLD PIMCO Multisector Bond Actv | Add +126.9% | 0.42% | +0.23 |
| GMED Globus Medical Inc. Class A | Add +48.7% | 0.57% | +0.17 |
| MSFT Microsoft Corp. | Add +46.6% | 1.66% | +0.15 |
| CVX Chevron Corp. | Add +1.0% | 0.56% | +0.14 |
| LMAT Lemaitre Vascular Inc. | Add +2.8% | 0.51% | +0.14 |
| EXPE Expedia Group Inc. | Add +42.5% | 1.00% | +0.12 |
| COST Costco Wholesale Corp. | Add +1.5% | 0.75% | +0.10 |
| NVDA Nvidia Corp. | Add +12.8% | 2.65% | +0.09 |
| UBND Victoryshares Core Plus Bond | Add +4.2% | 7.22% | +0.08 |
| NOK Nokia Corp.-Spon ADR | New | 0.06% | +0.06 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Add +20.5% | 0.30% | +0.05 |
| INTC Intel Corp. | Add +899.2% | 0.05% | +0.05 |
| HON Honeywell International Inc. | Add +3.8% | 0.26% | +0.04 |
| BIPC Brookfield Infrastructure-A | Add +91.9% | 0.09% | +0.03 |
| CRM Salesforce Inc. | Add +70.4% | 0.23% | +0.03 |
| VCTR Victory Capital Holding - A | Add +3.0% | 0.73% | +0.03 |
| IDMO Invesco S&P International DE | Add +316.6% | 0.04% | +0.03 |
| XLP SS Consumer Staples Sel Sect | Add +10.7% | 0.23% | +0.03 |
| CAMT Camtek Ltd. | New | 0.03% | +0.03 |
| GRBK Green Brick Partners Inc. | Add +3.2% | 0.66% | +0.03 |
| DBEF Xtrackers MSCI Eafe Hedged E | Add +7.9% | 0.33% | +0.03 |
| HAL Halliburton Co. | Add +4.1% | 0.09% | +0.02 |
| JNJ Johnson & Johnson | Add +2.0% | 0.16% | +0.02 |
| PM Philip Morris International | Add +6.9% | 0.32% | +0.02 |
| ETN Eaton Corp. PLC | Add +0.7% | 0.21% | +0.02 |
| MRVL Marvell Technology Inc. | Add +5.9% | 0.11% | +0.02 |
| COF Capital One Financial Corp. | Add +57.9% | 0.10% | +0.01 |
Options Activity Q4 2025 → Q1 2026
| PFE Pfizer Inc. | call | New | 1,500 | $28K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 356 | $5.9B | UBND, GSIE, AVUS, SMTH, DFAU |
| Q1 2026 | 374 | $5.3B | UBND, GSIE, AVUS, SMTH, DFAU |
| Q4 2025 | 357 | $5.2B | UBND, AVUS, SMTH, AVEM, IOO |
| Q3 2025 | 314 | $4.7B | UBND, AVUS, AVDE, AVEM, IOO |
| Q2 2025 | 321 | $4.2B | UBND, AVUS, GFLW, AVDE, IOO |
| Q1 2025 | 309 | $3.5B | AVDE, AVUS, JAAA, VGLT, GFLW |
| Q4 2024 | 309 | $3.3B | AVUS, AVDE, VGLT, JQUA, AVEM |
| Q3 2024 | 286 | $3.1B | AVDE, AVUS, USFR, AVEM, JQUA |
| Q2 2024 | 283 | $2.8B | AVDE, AVUS, TLT, JQUA, VGT |
| Q1 2024 | 285 | $2.8B | AVUS, JQUA, TLH, VIG, COWZ |