Arete Wealth Advisors, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 18, 2024), Arete Wealth Advisors, LLC reported 704 stock positions worth $1.2 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 2.8% of the portfolio, followed by Walt Disney (DIS, 2.7%) and Apple (AAPL, 2.5%). Compared with Q2 2024, it opened 114 new positions, sold out of 134, added to 180 and reduced 386. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale FS KKR Capital (FSK, shares −86%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001600151
Portfolio Value
$1.2B (Q3 2024)
SEC Filing
0001600151-24-000005 ↗ filed Nov 18, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.2B $1.2B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.4B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.5B Q2 2026

Holdings 704 stocks · $1.2B
VOO Vanguard S&P 500 ETF 2.84% 63,148 $33.2M Reduce -9.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.68% 327,169 $31.4M Reduce -1.0%
AAPL Apple Inc. 2.49% 125,411 $29.1M Reduce -34.0%
QQQ Invesco QQQ Trust Series 1 2.28% 63,538 $26.7M Reduce -18.9%
RSP Invesco S&P 500 Equal Weight 2.26% 148,380 $26.5M Reduce -8.2%
NVDA Nvidia Corp. 2.01% 194,968 $23.5M New
FBND Fidelity Total Bond ETF 1.79% 448,065 $20.9M Add +78.3%
FLTR Vaneck Ig Floating Rate ETF 1.77% 812,947 $20.7M Add +25.9%
SPAB SS SPDR P Agg Bond ETF 1.75% 782,568 $20.4M Add +46.5%
IEF iShares 7-10 Year Treasury B 1.65% 197,107 $19.3M Add +1.7%
MSFT Microsoft Corp. 1.44% 39,170 $16.8M New
EFV iShares MSCI Eafe Value ETF 1.37% 279,392 $16.1M Add +7.2%
GLD SPDR Gold Shares 1.35% 65,156 $15.8M Reduce -28.3%
BIL SS SPDR BB 1-3M T-Bill ETF 1.30% 165,397 $15.2M Add +73.4%
AMZN Amazon.com Inc. 1.25% 78,698 $14.6M New
PULS Pgim Ultra Short Bond ETF 1.14% 267,634 $13.3M Add +4.0%
VUG Vanguard Mrngstar GR ETF-Sui 1.12% 34,169 $13.0M Add +0.9%
PVAL Putnam Focused LRG Cap Value 0.90% 278,395 $10.5M Reduce -2.7%
MCD McDonald's Corp. 0.89% 34,466 $10.5M Reduce -7.3%
SPTM SS SPDR P S&P 1500 Comp ETF 0.89% 148,589 $10.4M Add +1.5%
BRK.B Berkshire Hathaway Inc. Class B 0.88% 22,288 $10.3M Reduce -46.6%
PROSHARES SHORT S&P500 0.86% 922,285 $10.0M New
IWF iShares Russell 1000 Growth 0.82% 25,818 $9.6M Add +33.1%
SHV iShares 0-1 Year Treasury Bo 0.80% 84,940 $9.4M Reduce -18.2%
FNDX Schwab Fndmntl US LRG Co. ETF 0.72% 117,697 $8.4M Add +32.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.72% 22,866 $8.4M Reduce -23.0%
ZECP Zacks Earnings Consistent Po 0.68% 258,662 $7.9M Reduce -38.5%
SPYG SS SPDR P S&P 500 Growth ETF 0.67% 95,218 $7.8M Reduce -3.9%
VEA Vanguard Ftse Developed ETF 0.66% 146,684 $7.7M Reduce -14.6%
META Meta Platforms Inc. Class A 0.65% 13,289 $7.6M New
VIG Vanguard Dividend Apprec ETF 0.64% 37,785 $7.5M Add +20.1%
IVV iShares Core S&P 500 ETF 0.61% 12,327 $7.1M Reduce -39.9%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.59% 16,409 $6.9M Reduce -17.8%
FTHY First Trust Hi YLD Opp 2027 0.59% 457,077 $6.9M Reduce -1.2%
NFJ Virtus DVD Intrst & PRM STR 0.57% 517,830 $6.7M Add +0.4%
HD Home Depot Inc. 0.56% 16,218 $6.5M New
XOM Exxon Mobil Corp. 0.56% 55,552 $6.5M Reduce -9.2%
GLDM SPDR Gold Minishares Trust 0.54% 121,124 $6.3M Reduce -5.2%
IJR iShares Core S&P Small-Cap E 0.53% 52,694 $6.2M Reduce -5.8%
AGG iShares Core U.S. Aggregate 0.52% 60,201 $6.1M Reduce -15.2%
GOOGL Alphabet Inc. Class A 0.50% 54,024 $5.8M New
GOOG Alphabet Inc. Class C 0.49% 34,392 $5.7M Reduce -4.4%
WMT Walmart Inc. 0.48% 69,291 $5.6M Reduce -8.4%
JPM JPMorgan Chase & Co. 0.48% 26,544 $5.6M New
IWD iShares Russell 1000 Value E 0.47% 29,312 $5.5M Add +36.2%
IWM iShares Russell 2000 ETF 0.47% 25,015 $5.5M New
SPYV SS SPDR P S&P 500 Value ETF 0.46% 102,995 $5.4M Add +0.6%
SPDW Ste STR SPDR PT DW Eu ETF 0.45% 141,461 $5.3M Reduce -23.5%
TYG Tortoise Energy Infrastruct 0.44% 131,324 $5.2M Reduce -0.5%
V Visa Inc. Class A 0.44% 18,764 $5.2M New
AVGO Broadcom Inc. 0.44% 29,785 $5.1M Reduce -16.9%
DGRO iShares Core Dividend Growth 0.42% 78,600 $4.9M Add +24.1%
FSK FS KKR Capital Corp. 0.42% 247,788 $4.9M Reduce -85.7%
ABBV Abbvie Inc. 0.42% 24,786 $4.9M New
IJH iShares Core S&P Midcap ETF 0.41% 77,337 $4.8M Reduce -9.7%
LLY Eli Lilly & Co. 0.41% 5,438 $4.8M Reduce -25.8%
VWO Vanguard Ftse Emerging Marke 0.40% 98,526 $4.7M Reduce -30.7%
SHY iShares 1-3 Year Treasury Bo 0.40% 56,193 $4.7M Add +786.6%
VXF Vanguard Extended Market ETF 0.39% 25,282 $4.6M Add +54.5%
VTI VG Morningstar TS MKT ETF-US 0.39% 16,112 $4.5M Reduce -25.1%
JEPI JPMorgan Equity Premium Inco 0.37% 73,652 $4.4M Reduce -18.4%
EFG iShares MSCI Eafe Growth ETF 0.36% 38,924 $4.2M Add +29.5%
PG The Procter & Gamble Co. 0.35% 23,942 $4.1M Reduce -6.5%
TSLA Tesla Inc. 0.35% 15,705 $4.1M New
PDBC Invesco Optimum Yield Divers 0.33% 290,696 $3.9M Add +955.7%
TLT iShares 20+ Year Treasury BD 0.33% 121,048 $3.9M Add +45.6%
TIP iShares Tips Bond ETF 0.32% 33,752 $3.7M Add +24.5%
COST Costco Wholesale Corp. 0.31% 4,142 $3.7M Reduce -19.5%
CASY Casey's General Stores Inc. 0.31% 9,612 $3.6M Reduce -0.2%
AVK Advent Convert & Income 0.31% 600,039 $3.6M Add +105.6%
XBGYX BlackRock Enh Intl DVD TR 0.30% 613,015 $3.6M Reduce -1.2%
GNL Global Net Lease Inc. 0.30% 280,287 $3.5M Reduce -1.4%
MRK Merck & Co. Inc. 0.30% 30,409 $3.5M Reduce -10.2%
FLDR Fidelity Low Durat Fact ETF 0.29% 67,752 $3.4M Add +63.8%
SPYM Ste STR SPDR PT S&P 500 ETF 0.29% 50,524 $3.4M Reduce -68.0%
SPHD Invesco S&P 500 High Dividen 0.29% 66,983 $3.4M Add +4.1%
QUAL iShares MSCI USA Quality Fac 0.29% 18,683 $3.3M Reduce -14.1%
AXP American Express Co. 0.27% 12,002 $3.2M Add +13.0%
SMIZ Zacks Small/Mid Cap ETF 0.27% 96,247 $3.2M Reduce -38.4%
LAD Lithia Motors Inc. 0.26% 9,581 $3.0M Reduce -20.5%
QQQX Nuveen Nasdaq 100 DYN Overwr 0.26% 121,198 $3.0M Add +3.5%
SPSB SS SPDR P St C Corp. ETF 0.25% 97,413 $2.9M Reduce -33.4%
UNH Unitedhealth Group Inc. 0.25% 5,001 $2.9M Add +1.6%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.25% 61,573 $2.9M Reduce -19.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.25% 13,130 $2.9M Reduce -9.2%
VZ Verizon Communications Inc. 0.25% 64,436 $2.9M Reduce -4.7%
IXN iShares Global Tech ETF 0.25% 34,721 $2.9M Reduce -21.4%
PHM Pultegroup Inc. 0.24% 19,913 $2.9M Reduce -53.4%
IEMG iShares Core MSCI Emerging 0.24% 49,350 $2.8M Reduce -14.0%
CROX Crocs Inc. 0.24% 20,059 $2.8M Add +1.3%
IXG iShares Global Financials Et 0.24% 29,466 $2.8M Reduce -18.4%
SMH Vaneck Semiconductor ETF 0.24% 11,399 $2.8M Add +526.3%
FTSM First Trust Enh Short Mat FD 0.24% 46,262 $2.8M Reduce -4.2%
BINC iShares Flex I A ETF-Usd Inc. 0.23% 50,803 $2.7M Add +38.3%
SGOV iShares 0-3 Month Treasury B 0.23% 26,816 $2.7M Add +0.5%
EFA iShares MSCI Eafe ETF 0.23% 32,159 $2.7M Reduce -14.4%
IT Gartner Inc. 0.23% 5,287 $2.7M Add +0.2%
IAU iShares Gold Trust 0.23% 53,473 $2.7M Add +547.3%
FLOT iShares Floating Rate Bond E 0.22% 51,068 $2.6M Add +18.1%
MINT PIMCO Enhanced Short Maturit 0.22% 25,793 $2.6M Reduce -18.6%

Show all 704 holdings

Portfolio Sells Q2 2024 → Q3 2024
FSK FS KKR Capital Corp. Reduce -85.7% 0.42% −2.38
ABT Abbott Laboratories Reduce -93.6% 0.16% −2.03
QQQ Invesco QQQ Trust Series 1 Reduce -18.9% 2.28% −0.80
AAPL Apple Inc. Reduce -34.0% 2.49% −0.68
SPY SS SPDR S&P 500 ETF Trust-US Reduce -23.0% 0.72% −0.61
ARI Apollo Commercial Real Estat Sold out 0.00% −0.54
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -68.0% 0.29% −0.54
XEVVX Eaton Vance Ltd. Durat Inc. Sold out 0.00% −0.53
BRK.B Berkshire Hathaway Inc. Class B Reduce -46.6% 0.88% −0.52
TCBK Trico Bancshares Sold out 0.00% −0.42
ACRE Ares Commercial Real Estate Reduce -97.8% 0.01% −0.42
ACN Accenture PLC Class A Reduce -89.6% 0.05% −0.37
GPMT Granite Point Mortgage Trust Sold out 0.00% −0.33
MQY BlackRock Muniyield Quality Sold out 0.00% −0.32
IDXX Idexx Laboratories Inc. Reduce -93.7% 0.02% −0.32
ZECP Zacks Earnings Consistent Po Reduce -38.5% 0.68% −0.32
IVV iShares Core S&P 500 ETF Reduce -39.9% 0.61% −0.32
XNEAX Nuveen Amt-FR QLTY Muni Inc. Reduce -90.8% 0.03% −0.28
BXMT Blackstone Mortgage Tru Class A Sold out 0.00% −0.27
IEFA iShares Core MSCI Eafe ETF Reduce -65.1% 0.17% −0.26
GLD SPDR Gold Shares Reduce -28.3% 1.35% −0.24
BBJP JPMorgan Betabuilders Japan Sold out 0.00% −0.24
LMBS First Trust Low Duration Opp Reduce -84.9% 0.04% −0.21
BCSF Bain Capital Specialty Finan Sold out 0.00% −0.18
VT Vanguard Tot World STK ETF Sold out 0.00% −0.17
PLTR Palantir Technologies Inc. Class A Reduce -68.6% 0.16% −0.17
RITM Rithm Capital Corp. Sold out 0.00% −0.16
MGK Vngrd Mrgstr MG CP GR ETF-Ui Sold out 0.00% −0.16
GDXJ Vaneck Junior Gold Miners Reduce -85.3% 0.03% −0.16
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.15
PHM Pultegroup Inc. Reduce -53.4% 0.24% −0.14
GBTC Grayscale Bitcoin Trust ETF Reduce -85.0% 0.02% −0.14
SHV iShares 0-1 Year Treasury Bo Reduce -18.2% 0.80% −0.14
BLW BlackRock Ltd. Durat Inc. TR Sold out 0.00% −0.14
LLY Eli Lilly & Co. Reduce -25.8% 0.41% −0.14
NAD Nuveen Quality Municipal Inc. Sold out 0.00% −0.13
XHLF Bondbloxx BBG 6 MTH US Treas Reduce -52.1% 0.12% −0.12
SMIZ Zacks Small/Mid Cap ETF Reduce -38.4% 0.27% −0.12
JPST JPMorgan Ultra-Short Income Reduce -85.7% 0.02% −0.12
VWO Vanguard Ftse Emerging Marke Reduce -30.7% 0.40% −0.11
SPSB SS SPDR P St C Corp. ETF Reduce -33.4% 0.25% −0.10
MFIC Midcap Financial Investment Reduce -85.3% 0.02% −0.10
ORCL Oracle Corp. Reduce -63.4% 0.09% −0.10
AMLP Alerian MLP ETF Reduce -70.5% 0.04% −0.10
DBO Invesco DB Oil Fund Sold out 0.00% −0.09
VTI VG Morningstar TS MKT ETF-US Reduce -25.1% 0.39% −0.08
MU Micron Technology Inc. Reduce -19.6% 0.16% −0.08
HEFA Isha Curr Hedged MSCI Eafe Sold out 0.00% −0.08
SPDW Ste STR SPDR PT DW Eu ETF Reduce -23.5% 0.45% −0.08
SLV iShares Silver Trust Reduce -41.8% 0.14% −0.08

Portfolio Buys Q2 2024 → Q3 2024
NVDA Nvidia Corp. New 2.01% +2.01
MSFT Microsoft Corp. New 1.44% +1.44
AMZN Amazon.com Inc. New 1.25% +1.25
FBND Fidelity Total Bond ETF Add +78.3% 1.79% +0.86
PROSHARES SHORT S&P500 New 0.86% +0.86
META Meta Platforms Inc. Class A New 0.65% +0.65
SPAB SS SPDR P Agg Bond ETF Add +46.5% 1.75% +0.65
BIL SS SPDR BB 1-3M T-Bill ETF Add +73.4% 1.30% +0.58
HD Home Depot Inc. New 0.56% +0.56
GOOGL Alphabet Inc. Class A New 0.50% +0.50
JPM JPMorgan Chase & Co. New 0.48% +0.48
IWM iShares Russell 2000 ETF New 0.47% +0.47
V Visa Inc. Class A New 0.44% +0.44
FLTR Vaneck Ig Floating Rate ETF Add +25.9% 1.77% +0.42
ABBV Abbvie Inc. New 0.42% +0.42
SHY iShares 1-3 Year Treasury Bo Add +786.6% 0.40% +0.36
TSLA Tesla Inc. New 0.35% +0.35
PDBC Invesco Optimum Yield Divers Add +955.7% 0.33% +0.30
IWF iShares Russell 1000 Growth Add +33.1% 0.82% +0.24
EFV iShares MSCI Eafe Value ETF Add +7.2% 1.37% +0.24
FNDX Schwab Fndmntl US LRG Co. ETF Add +32.9% 0.72% +0.23
AAAU Goldman Sachs Physical Gold New 0.21% +0.21
CVX Chevron Corp. New 0.20% +0.20
SMH Vaneck Semiconductor ETF Add +526.3% 0.24% +0.20
IAU iShares Gold Trust Add +547.3% 0.23% +0.20
BAC Bank of America Corp. New 0.17% +0.17
XLK SS Technology Select Sector New 0.17% +0.17
VIG Vanguard Dividend Apprec ETF Add +20.1% 0.64% +0.17
GS Goldman Sachs Group Inc. New 0.17% +0.17
IWD iShares Russell 1000 Value E Add +36.2% 0.47% +0.17
VXF Vanguard Extended Market ETF Add +54.5% 0.39% +0.17
PFE Pfizer Inc. New 0.16% +0.16
IEF iShares 7-10 Year Treasury B Add +1.7% 1.65% +0.16
LMT Lockheed Martin Corp. New 0.16% +0.16
MA Mastercard Inc. Class A New 0.15% +0.15
SLYV SS SPDR S&P 600 SC Val ETF Add +159.6% 0.21% +0.14
XLRE SS Real Estate Select Sector New 0.13% +0.13
GRID First TRST Nasd Class Edg Sgiif New 0.13% +0.13
FLDR Fidelity Low Durat Fact ETF Add +63.8% 0.29% +0.12
DGRO iShares Core Dividend Growth Add +24.1% 0.42% +0.12
CVS CVS Health Corp. New 0.12% +0.12
AHR American Healthcare REIT Inc. New 0.12% +0.12
EFG iShares MSCI Eafe Growth ETF Add +29.5% 0.36% +0.11
CLF Cleveland-Cliffs Inc. New 0.10% +0.10
PSEC Prospect Capital Corp. New 0.10% +0.10
SLYG SS SPDR S&P 600 SC GR ETF New 0.10% +0.10
PSC Principal US Small-Cap ETF New 0.10% +0.10
CRM Salesforce Inc. New 0.10% +0.10
DBEF Xtrackers MSCI Eafe Hedged E New 0.10% +0.10
UPS United Parcel Service Class B Add +69.0% 0.22% +0.10

Notes & Other Activity Q2 2024 → Q3 2024
RBOT.WS Vicarious Surgical Inc.-CW27 *W EXP 09/17/202 Sold out 20,000 $1Kbefore exit
KCGI.WS Kensington Capital Acq -CW23 *W EXP 99/99/999 Sold out 10,000 $0before exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 334$1.5BAAPL, RSP, BINC, DIS, NVDA
Q1 2026Amended 321$1.3BBINC, DIS, RSP, AAPL, FBND
Q4 2025Amended 360$1.4BDIS, AAPL, NVDA, RSP, BINC
Q3 2025 761$1.6BNVDA, AAPL, DIS, RSP, SPYM
Q2 2025 717$1.4BDIS, NVDA, RSP, AAPL, SPAB
Q1 2025 713$1.3BAAPL, DIS, NVDA, FBND, RSP
Q4 2024 743$1.4BAAPL, VOO, DIS, QQQ, NVDA
Q3 2024Amended 704$1.2BVOO, DIS, AAPL, QQQ, RSP
Q2 2024 724$1.2BAAPL, QQQ, VOO, FSK, DIS
Q1 2024 376$1.1BABBV, DIS, RSP, QQQ, VOO