Arax Advisory Partners

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Arax Advisory Partners reported 4,066 stock positions worth $3.4 billion. Its top holding was Vanguard Mrngstar GR ETF-Sui (VUG) at 3.6% of the portfolio, followed by Vanguard Mrngstr Val ETF-Aui (VTV, 2.7%) and Apple (AAPL, 2.5%). Compared with Q3 2025, it opened 1,024 new positions, sold out of 559, added to 434 and reduced 2,414. The biggest buy was a new position in Vanguard Mrngstar GR ETF-Sui (VUG) and the biggest sale iShares S&P 100 ETF (OEF, shares −100%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001586767
Portfolio Value
$3.4B (Q4 2025)
SEC Filing
0001586767-26-000001 ↗ filed Feb 13, 2026

Holdings Value

0$5.0B$10.0B$15.0B$20.0B Q1 2024: $948.1M Q1 2024 Q2 2024: $1.0B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.6B Q4 2024 Q1 2025: $1.6B Q1 2025 Q2 2025: $2.2B Q2 2025 Q3 2025: $7.0B Q3 2025 Q4 2025: $3.4B $3.4B Q4 2025 Q1 2026: $3.5B Q1 2026 Q2 2026: $15.1B Q2 2026

Holdings 4,066 stocks · $3.4B
VUG Vanguard Mrngstar GR ETF-Sui 3.56% 250,815 $122.4M New
VTV Vanguard Mrngstr Val ETF-Aui 2.71% 487,674 $93.1M New
AAPL Apple Inc. 2.47% 311,700 $84.7M Reduce -46.3%
QQQ Invesco QQQ Trust Series 1 1.82% 101,875 $62.6M Reduce -59.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.72% 86,355 $58.9M New
VTI VG Morningstar TS MKT ETF-US 1.65% 169,215 $56.7M New
NVDA Nvidia Corp. 1.63% 299,895 $55.9M Reduce -28.9%
CLOZ Eldridge BBB-B Clo ETF 1.55% 2,010,327 $53.2M Reduce -0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.51% 179,194 $52.0M New
AVLV Avantis US Large Cap Value 1.43% 648,280 $49.1M New
IGSB iShares 1-5Y Inv Grade Corp. 1.42% 919,529 $48.6M New
RDVY First Trust Rising Dividend 1.39% 685,811 $47.6M New
SCHP Schwab U.S. Tips ETF 1.33% 1,722,746 $45.6M New
AGG iShares Core U.S. Aggregate 1.33% 456,545 $45.6M New
MSFT Microsoft Corp. 1.26% 89,538 $43.3M Reduce -51.6%
FPE FT-Preferred Secur & Inc. ETF 1.13% 2,136,717 $38.9M Reduce -43.4%
VEA Vanguard Ftse Developed ETF 1.12% 616,144 $38.5M Reduce -41.8%
AMZN Amazon.com Inc. 1.04% 121,464 $35.8M Reduce -57.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.96% 300,048 $33.1M New
AVIG Avantis Core Fixed Income 0.94% 774,265 $32.5M New
IVV iShares Core S&P 500 ETF 0.94% 46,943 $32.2M New
DYNF Ishrs US E F R A ETF-Usd Inc. 0.94% 528,648 $32.1M Reduce -27.5%
VB Vanguard Most SM-Cap ETF-Usd 0.94% 124,526 $32.1M New
VXUS Vanguard Total Intl Stock 0.91% 412,278 $31.1M Add +73.4%
MRK Merck & Co. Inc. 0.90% 293,929 $30.9M Reduce -31.5%
VWO Vanguard Ftse Emerging Marke 0.88% 560,144 $30.1M New
VOO Vanguard S&P 500 ETF 0.86% 47,224 $29.6M Reduce -97.8%
GOOGL Alphabet Inc. Class A 0.81% 89,310 $28.0M New
DFIC Dimensional International Co. 0.81% 804,345 $27.7M New
DFUS Dimensional US Eq MKT ETF 0.77% 357,901 $26.5M New
FIXD First Trust Smith Opportunis 0.77% 596,758 $26.4M Reduce -70.0%
SPDW Ste STR SPDR PT DW Eu ETF 0.76% 588,550 $26.1M New
IVW iShares S&P 500 Growth ETF 0.73% 203,450 $25.1M New
JAAA Janus Henderson Aaa Clo ETF 0.72% 490,144 $24.8M Reduce -3.9%
MUB iShares National Muni Bond E 0.68% 217,952 $23.3M New
DFAS Dimensional US Small Cap ETF 0.66% 326,465 $22.7M New
IMCG iShares Morningstar Mid-Cap 0.63% 273,141 $21.8M New
IWD iShares Russell 1000 Value E 0.63% 103,478 $21.8M New
IWN iShares Russell 2000 Value E 0.60% 114,420 $20.7M New
AFLG First Trust Active Factor La 0.59% 522,313 $20.4M New
GOOG Alphabet Inc. Class C 0.59% 65,011 $20.4M Reduce -68.7%
FIW First Trust Water ETF 0.59% 187,240 $20.3M New
DFEM Dimensional Emrg MRKT Core 0.58% 604,679 $20.0M New
DFGR Dim Global Real Estate ETF 0.57% 747,077 $19.7M New
META Meta Platforms Inc. Class A 0.57% 29,787 $19.7M Reduce -14.1%
IWS iShares Russell Mid-Cap Valu 0.56% 147,771 $19.3M New
VONG Vanguard Russell 1000 Growth 0.56% 157,288 $19.1M New
RDVI FT Vest Rising Dividend Achi 0.56% 729,093 $19.1M New
IJT iShares S&P Small-Cap 600 GR 0.54% 132,074 $18.6M New
IJK iShares S&P Mid-Cap 400 Grow 0.54% 190,162 $18.4M New
AVEM Avantis Emerging Markets Eq 0.53% 234,975 $18.1M New
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.51% 123,875 $17.5M New
JPM JPMorgan Chase & Co. 0.50% 53,371 $17.2M Reduce -14.6%
DFCF Dimensional Core Fixed Inc. 0.49% 399,429 $17.0M New
TFI SS SPDR N Ice Muni Bond ETF 0.45% 339,813 $15.5M New
AVGO Broadcom Inc. 0.42% 42,079 $14.6M Reduce -43.0%
FBND Fidelity Total Bond ETF 0.41% 307,959 $14.1M New
DFAU Dimensional US Core Equity M 0.41% 301,155 $14.1M New
IAU iShares Gold Trust 0.40% 171,173 $13.9M Reduce -60.5%
MA Mastercard Inc. Class A 0.40% 23,968 $13.7M Reduce -21.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.39% 44,380 $13.4M New
TSLA Tesla Inc. 0.39% 29,435 $13.2M Reduce -40.5%
DFAC Dimensional US Core Equity 2 0.38% 330,859 $13.1M New
EFV iShares MSCI Eafe Value ETF 0.36% 173,705 $12.4M New
QUAL iShares MSCI USA Quality Fac 0.36% 61,717 $12.3M New
BSV Vanguard Short-Term Bond ETF 0.35% 153,501 $12.1M New
VIG Vanguard Dividend Apprec ETF 0.35% 54,284 $11.9M Add +30.5%
FTCB FT Core Investment Grade ETF 0.34% 542,764 $11.5M New
VXF Vanguard Extended Market ETF 0.33% 54,608 $11.4M New
ABBV Abbvie Inc. 0.33% 50,047 $11.4M Reduce -7.7%
V Visa Inc. Class A 0.32% 31,484 $11.0M Reduce -29.0%
WMT Walmart Inc. 0.30% 93,955 $10.5M Reduce -67.8%
LDSF First TR Low Duration St-ETF 0.30% 540,407 $10.4M New
FTCS First Trust Capital Strength 0.29% 109,481 $10.1M New
CME Cme Group Inc. 0.29% 36,459 $10.0M Reduce -15.1%
BRK.B Berkshire Hathaway Inc. Class B 0.28% 19,037 $9.6M Reduce -75.7%
VYM Vanguard High DVD Yield ETF 0.27% 65,604 $9.4M Reduce -14.9%
LLY Eli Lilly & Co. 0.27% 8,688 $9.3M Reduce -61.5%
WCMI FT WCM International ETF 0.27% 535,845 $9.1M New
XOM Exxon Mobil Corp. 0.27% 75,734 $9.1M Reduce -11.4%
BAI Ishrs AI in and Tech Act ETF 0.26% 267,829 $8.9M New
SDVY First Trust Smid Cap Rising 0.26% 229,116 $8.8M New
COST Costco Wholesale Corp. 0.25% 10,142 $8.7M Reduce -20.4%
SPEM State Street SP PTF Em ETF 0.25% 185,754 $8.7M New
QQQM Invesco Nasdaq 100 ETF 0.25% 33,896 $8.6M New
ITOT iShares Core S&P Total U.S. 0.24% 55,495 $8.3M New
DFAI Dimensional International Co. 0.24% 212,796 $8.1M Reduce -96.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.23% 37,828 $8.0M New
VTEB Vanguard Tax-Exempt Bond ETF 0.23% 158,963 $8.0M Add +194.2%
MCD McDonald's Corp. 0.23% 25,886 $7.9M Reduce -39.9%
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.23% 199,037 $7.8M New
ORLY O'reilly Automotive Inc. 0.22% 83,158 $7.6M Reduce -33.9%
BINC iShares Flex I A ETF-Usd Inc. 0.22% 142,790 $7.5M Reduce -49.7%
BUFR FT Vest Lad Buffervetf-Usd I 0.21% 206,931 $7.1M New
RTX RTX Corp. 0.20% 37,718 $6.9M Reduce -49.7%
IVE iShares S&P 500 Value ETF 0.20% 32,461 $6.9M New
FLXR TCW Flexible Income ETF 0.20% 173,381 $6.9M New
TSM Taiwan Semiconductor-SP ADR 0.20% 22,400 $6.8M Reduce -18.4%
FDL First Trust Morn DVD Lead Inc. 0.20% 153,472 $6.8M Reduce -95.1%
AVUS Avantis U.S. Equity ETF 0.20% 60,702 $6.8M Reduce -51.0%

Show all 4,066 holdings

Other holdings (9): bonds, preferreds, convertibles and warrants · $5K (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 155$3KNew
APADR A Paradise Acquisition Corp. RIGHT 07/29/2025 3,900$975New
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 226$606No change
KOYNW CSLM Digital Asset Acquisiti *W EXP 08/28/203 1,450$508New
OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 83$76Reduce -41.3%
OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 83$44New
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 8$37New
OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 83$34New
GME.WS Gamestop Corp. *W EXP 10/30/202 1$3Reduce -96.2%

Total filed on the 13F, all lines: $3.4B.

Portfolio Sells Q3 2025 → Q4 2025
OEF iShares S&P 100 ETF Reduce -100.0% 0.02% −11.55
VOO Vanguard S&P 500 ETF Reduce -97.8% 0.86% −7.72
DFAI Dimensional International Co. Reduce -96.4% 0.24% −3.08
KORP American Century Diversified Reduce -100.0% 0.00% −2.78
FDL First Trust Morn DVD Lead Inc. Reduce -95.1% 0.20% −1.63
SCHB Schwab US Broad Market ETF Reduce -95.5% 0.14% −1.45
FXN First Trust Energy Alphadex Reduce -99.8% 0.00% −1.18
PUT (SPY) SPDR S&P500 ETF MAR 20 26 $520 (100 SHS) Reduce -100.0% 0.00% −0.93
VSS Vanguard Ftse All Wo X-US SC Reduce -99.8% 0.01% −0.81
RBLX Roblox Corp. Class A Reduce -99.7% 0.00% −0.61
SLYG SS SPDR S&P 600 SC GR ETF Reduce -99.9% 0.00% −0.60
EFAX State Street SPDR MSCI Eafe Sold out 0.00% −0.56
ANET Arista Networks Inc. Reduce -97.2% 0.02% −0.44
ESGV Vanguard ESG US Stock ETF Reduce -99.9% 0.00% −0.43
INTC Intel Corp. Reduce -97.0% 0.03% −0.41
PNC PNC Financial Services Group Reduce -95.5% 0.04% −0.38
BLV Vanguard Long-Term Bond ETF Reduce -99.9% 0.00% −0.37
VCSH Vanguard S/T Corp. Bond ETF Reduce -96.3% 0.02% −0.35
PEP Pepsico Inc. Reduce -88.6% 0.11% −0.35
FCOR Fidelity Corporate Bond ETF Reduce -99.9% 0.00% −0.34
VRSN Verisign Inc. Reduce -99.8% 0.00% −0.34
QQQ Invesco QQQ Trust Series 1 Reduce -59.2% 1.82% −0.33
FIX Comfort Systems USA Inc. Reduce -99.5% 0.00% −0.33
BRK.B Berkshire Hathaway Inc. Class B Reduce -75.7% 0.28% −0.32
SNOW Snowflake Inc. Reduce -97.4% 0.02% −0.31
FELC Fidelity Enh LRG Cap Cor ETF Reduce -100.0% 0.00% −0.28
PMAY Innovator U.S. Equity Power Reduce -98.4% 0.01% −0.27
GE General Electric Reduce -87.4% 0.09% −0.25
TPR Tapestry Inc. Reduce -99.0% 0.01% −0.25
VEEV Veeva Systems Inc. Class A Reduce -91.0% 0.04% −0.24
MANH Manhattan Associates Inc. Reduce -97.4% 0.01% −0.21
EIX Edison International Reduce -96.8% 0.02% −0.21
FIXD First Trust Smith Opportunis Reduce -70.0% 0.77% −0.20
GD General Dynamics Corp. Reduce -90.4% 0.05% −0.20
DAL Delta Air Lines Inc. Reduce -88.5% 0.08% −0.19
MU Micron Technology Inc. Reduce -88.5% 0.13% −0.19
JBHT Hunt (jb) Transprt SVCS Inc. Reduce -98.3% 0.01% −0.19
CFG Citizens Financial Group Reduce -94.5% 0.03% −0.19
ILMN Illumina Inc. Reduce -99.2% 0.00% −0.18
ARE Alexandria Real Estate Equit Reduce -98.4% 0.00% −0.18
INCY Incyte Corp. Reduce -99.7% 0.00% −0.18
JNJ Johnson & Johnson Reduce -76.9% 0.19% −0.18
XLB SS Materials Select Sector Reduce -96.6% 0.01% −0.18
ABNB Airbnb Inc. Class A Reduce -95.4% 0.02% −0.18
ORI Old Republic Intl Corp. Reduce -98.2% 0.01% −0.17
TOL Toll Brothers Inc. Reduce -99.1% 0.00% −0.17
BWA Borgwarner Inc. Reduce -99.6% 0.00% −0.17
BAH Booz Allen Hamilton Holdings Reduce -98.4% 0.00% −0.17
QYLG Global X Nasdaq 100 Covc GRW Reduce -100.0% 0.00% −0.16
BBY Best Buy Co. Inc. Reduce -96.1% 0.01% −0.16

Portfolio Buys Q3 2025 → Q4 2025
VUG Vanguard Mrngstar GR ETF-Sui New 3.56% +3.56
VTV Vanguard Mrngstr Val ETF-Aui New 2.71% +2.71
SPY SS SPDR S&P 500 ETF Trust-US New 1.72% +1.72
VTI VG Morningstar TS MKT ETF-US New 1.65% +1.65
VO Vngrd Mrngstr MD-Cap ETF-Usd New 1.51% +1.51
AVLV Avantis US Large Cap Value New 1.43% +1.43
IGSB iShares 1-5Y Inv Grade Corp. New 1.42% +1.42
RDVY First Trust Rising Dividend New 1.39% +1.39
SCHP Schwab U.S. Tips ETF New 1.33% +1.33
AGG iShares Core U.S. Aggregate New 1.33% +1.33
LQD Ishr Ibx Usd Invgd CB ETF-Ui New 0.96% +0.96
AVIG Avantis Core Fixed Income New 0.94% +0.94
IVV iShares Core S&P 500 ETF New 0.94% +0.94
VB Vanguard Most SM-Cap ETF-Usd New 0.94% +0.94
VWO Vanguard Ftse Emerging Marke New 0.88% +0.88
GOOGL Alphabet Inc. Class A New 0.81% +0.81
DFIC Dimensional International Co. New 0.81% +0.81
DFUS Dimensional US Eq MKT ETF New 0.77% +0.77
SPDW Ste STR SPDR PT DW Eu ETF New 0.76% +0.76
IVW iShares S&P 500 Growth ETF New 0.73% +0.73
MUB iShares National Muni Bond E New 0.68% +0.68
DFAS Dimensional US Small Cap ETF New 0.66% +0.66
VXUS Vanguard Total Intl Stock Add +73.4% 0.91% +0.66
IMCG iShares Morningstar Mid-Cap New 0.63% +0.63
IWD iShares Russell 1000 Value E New 0.63% +0.63
IWN iShares Russell 2000 Value E New 0.60% +0.60
AFLG First Trust Active Factor La New 0.59% +0.59
FIW First Trust Water ETF New 0.59% +0.59
DFEM Dimensional Emrg MRKT Core New 0.58% +0.58
DFGR Dim Global Real Estate ETF New 0.57% +0.57
IWS iShares Russell Mid-Cap Valu New 0.56% +0.56
VONG Vanguard Russell 1000 Growth New 0.56% +0.56
RDVI FT Vest Rising Dividend Achi New 0.56% +0.56
IJT iShares S&P Small-Cap 600 GR New 0.54% +0.54
IJK iShares S&P Mid-Cap 400 Grow New 0.54% +0.54
AVEM Avantis Emerging Markets Eq New 0.53% +0.53
MGV Vngrd Mrgstr MG CP VL ETF-Ui New 0.51% +0.51
DFCF Dimensional Core Fixed Inc. New 0.49% +0.49
TFI SS SPDR N Ice Muni Bond ETF New 0.45% +0.45
FBND Fidelity Total Bond ETF New 0.41% +0.41
DFAU Dimensional US Core Equity M New 0.41% +0.41
VBK Van Morst SML-Cap Gro-Usd Inc. New 0.39% +0.39
DFAC Dimensional US Core Equity 2 New 0.38% +0.38
EFV iShares MSCI Eafe Value ETF New 0.36% +0.36
QUAL iShares MSCI USA Quality Fac New 0.36% +0.36
BSV Vanguard Short-Term Bond ETF New 0.35% +0.35
FTCB FT Core Investment Grade ETF New 0.34% +0.34
VXF Vanguard Extended Market ETF New 0.33% +0.33
LDSF First TR Low Duration St-ETF New 0.30% +0.30
FTCS First Trust Capital Strength New 0.29% +0.29

Notes & Other Activity Q3 2025 → Q4 2025
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 New 155 $3K
APADR A Paradise Acquisition Corp. RIGHT 07/29/2025 New 3,900 $975
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 Sold out 9,229 $719before exit
KOYNW CSLM Digital Asset Acquisiti *W EXP 08/28/203 New 1,450 $508
OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 Reduce -41.3% 83 $76
OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 New 83 $44
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 New 8 $37
OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 New 83 $34
GME.WS Gamestop Corp. *W EXP 10/30/202 Reduce -96.2% 1 $3
ISPOW Inspirato -CW30 *W EXP 02/11/202 Sold out 100 $1before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5,078$15.1BSPY, AAPL, IVV, VUG, NVDA
Q1 2026 3,760$3.5BVUG, VTV, IVV, QQQ, DYNF
Q4 2025 4,066$3.4BVUG, VTV, AAPL, QQQ, SPY
Q3 2025 3,596$7.0BOEF, VOO, DFAI, KORP, QQQ
Q2 2025 3,022$2.2BVUG, VTV, QQQ, VO, IGSB
Q1 2025 2,654$1.6BVUG, VTV, IGSB, SCHP, QQQ
Q4 2024 2,411$1.6BVUG, VTV, VO, RDVY, IGSB
Q3 2024 2,612$1.1BVTV, IGSB, SCHP, VUG, QQQ
Q2 2024 2,537$1.0BIGSB, VUG, QQQ, VTV, SCHP
Q1 2024 1,310$948.1MIGSB, VUG, VTV, QQQ, SCHP