Arete Wealth Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed August 11, 2026), Arete Wealth Advisors, LLC reported 360 stock positions worth $1.4 billion. Its top holding was Walt Disney (DIS) at 3.6% of the portfolio, followed by Apple (AAPL, 3.0%) and Nvidia (NVDA, 2.6%). Compared with Q3 2025, it opened 35 new positions, sold out of 436, added to 168 and reduced 142. The biggest buy was Walt Disney (DIS, shares +40%) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001600151
- Portfolio Value
- $1.4B (Q4 2025)
- SEC Filing
- 0001600151-26-000008 ↗ filed Aug 11, 2026
Holdings Value
Holdings 360 stocks · $1.4B
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.63% | 460,438 | $52.4M | Add +40.0% |
| AAPL Apple Inc. | 3.03% | 160,670 | $43.7M | Add +3.8% |
| NVDA Nvidia Corp. | 2.56% | 198,045 | $36.9M | Reduce -16.8% |
| RSP Invesco S&P 500 Equal Weight | 2.55% | 192,229 | $36.8M | Add +3.0% |
| BINC iShares Flex I A ETF-Usd Inc. | 2.29% | 625,919 | $33.0M | Add +1.8% |
| SPAB SS SPDR P Agg Bond ETF | 2.10% | 1,177,927 | $30.3M | Add +4.5% |
| PVAL Putnam Focused LRG Cap Value | 1.95% | 618,804 | $28.2M | Add +3.2% |
| FBND Fidelity Total Bond ETF | 1.85% | 578,964 | $26.7M | Reduce -0.1% |
| MSFT Microsoft Corp. | 1.75% | 52,205 | $25.2M | Add +5.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.67% | 263,363 | $24.1M | Add +67.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.67% | 299,575 | $24.0M | Reduce -33.2% |
| EFV iShares MSCI Eafe Value ETF | 1.63% | 330,082 | $23.6M | Reduce -1.2% |
| GLD SPDR Gold Shares | 1.57% | 57,117 | $22.6M | Add +138.0% |
| GOOGL Alphabet Inc. Class A | 1.39% | 63,931 | $20.0M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.34% | 28,428 | $19.4M | Reduce -14.4% |
| AMZN Amazon.com Inc. | 1.31% | 81,691 | $18.9M | Reduce -7.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.18% | 34,838 | $17.0M | Reduce -5.9% |
| PULS Pgim Ultra Short Bond ETF | 1.16% | 337,433 | $16.7M | Reduce -2.8% |
| QQQM Invesco Nasdaq 100 ETF | 1.08% | 61,571 | $15.6M | Add +54.8% |
| FLTR Vaneck Ig Floating Rate ETF | 1.07% | 604,526 | $15.4M | Add +2.9% |
| AVGO Broadcom Inc. | 1.01% | 42,161 | $14.6M | Add +5.0% |
| JNJ Johnson & Johnson | 0.98% | 68,503 | $14.2M | Reduce -1.7% |
| INVESCO QQQ TR | 0.97% | 22,795 | $14.0M | New |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.95% | 165,747 | $13.7M | Add +1.4% |
| VOO Vanguard S&P 500 ETF | 0.94% | 21,623 | $13.6M | Reduce -29.3% |
| TSLA Tesla Inc. | 0.89% | 28,474 | $12.8M | Add +33.1% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.86% | 108,069 | $12.4M | Reduce -2.3% |
| MCD McDonald's Corp. | 0.79% | 37,281 | $11.4M | Add +1.2% |
| META Meta Platforms Inc. Class A | 0.77% | 16,927 | $11.2M | Reduce -13.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.75% | 98,617 | $10.9M | Add +21.0% |
| IVV iShares Core S&P 500 ETF | 0.75% | 15,732 | $10.8M | Reduce -7.7% |
| IWF iShares Russell 1000 Growth | 0.74% | 22,461 | $10.6M | Add +0.2% |
| VEA Vanguard Ftse Developed ETF | 0.73% | 168,565 | $10.5M | Add +4.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.72% | 35,103 | $10.4M | Reduce -0.5% |
| SH Proshares Short S&P500 | 0.71% | 285,212 | $10.3M | New |
| JPM JPMorgan Chase & Co. | 0.70% | 31,209 | $10.1M | Reduce -19.8% |
| AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO | 0.69% | 152,801 | $10.0M | New |
| VWO Vanguard Ftse Emerging Marke | 0.68% | 182,545 | $9.8M | Add +48.2% |
| XOM Exxon Mobil Corp. | 0.67% | 80,465 | $9.7M | Add +6.6% |
| RTX RTX Corp. | 0.64% | 50,683 | $9.3M | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.62% | 42,622 | $9.0M | Add +6.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.61% | 83,105 | $8.9M | Reduce -43.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.60% | 195,486 | $8.7M | Add +4.2% |
| SOXX iShares Semiconductor ETF | 0.59% | 28,252 | $8.5M | Add +49.1% |
| GOOG Alphabet Inc. Class C | 0.57% | 26,005 | $8.2M | Reduce -5.0% |
| AGG iShares Core U.S. Aggregate | 0.56% | 80,553 | $8.0M | Reduce -5.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.56% | 15,988 | $8.0M | Reduce -22.5% |
| ZECP Zacks Earnings Consistent Po | 0.54% | 224,645 | $7.8M | Reduce -2.0% |
| V Visa Inc. Class A | 0.54% | 22,053 | $7.7M | Reduce -1.2% |
| IWM iShares Russell 2000 ETF | 0.53% | 31,326 | $7.7M | Add +10.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.53% | 134,315 | $7.6M | Add +2.5% |
| OMFL Invesco Russell 1000 DYN M/F | 0.53% | 124,509 | $7.6M | New |
| ABBV Abbvie Inc. | 0.52% | 32,573 | $7.4M | Add +6.1% |
| IEF iShares 7-10 Year Treasury B | 0.51% | 77,002 | $7.4M | Reduce -23.8% |
| NFJ Virtus DVD Intrst & PRM STR | 0.49% | 553,783 | $7.1M | New |
| EFG iShares MSCI Eafe Growth ETF | 0.48% | 61,438 | $7.0M | Add +3.1% |
| WMT Walmart Inc. | 0.48% | 62,242 | $6.9M | Reduce -2.8% |
| HD Home Depot Inc. | 0.47% | 19,882 | $6.8M | Reduce -10.4% |
| VXF Vanguard Extended Market ETF | 0.47% | 32,206 | $6.7M | Add +6.9% |
| SPEM State Street SP PTF Em ETF | 0.45% | 137,667 | $6.4M | Add +8.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.44% | 18,871 | $6.3M | Add +4.2% |
| VIG Vanguard Dividend Apprec ETF | 0.43% | 28,554 | $6.3M | Reduce -0.6% |
| XBI SS SPDR S&P Biotech ETF | 0.40% | 47,662 | $5.8M | Add +142.3% |
| PLTR Palantir Technologies Inc. Class A | 0.40% | 32,105 | $5.7M | Reduce -18.4% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.39% | 245,564 | $5.7M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.39% | 18,450 | $5.6M | Add +13.8% |
| HCMT Direxion HCM Tactic US ETF | 0.39% | 144,720 | $5.6M | Add +7.3% |
| TYG Tortoise Energy Infrastruct | 0.38% | 133,729 | $5.5M | Add +2.1% |
| MU Micron Technology Inc. | 0.38% | 19,054 | $5.4M | Add +98.4% |
| FLDR Fidelity Low Durat Fact ETF | 0.37% | 106,151 | $5.3M | Add +5.0% |
| SMIZ Zacks Small/Mid Cap ETF | 0.37% | 143,397 | $5.3M | Add +5.5% |
| DGRO iShares Core Dividend Growth | 0.37% | 76,265 | $5.3M | Add +4.6% |
| SLV iShares Silver Trust | 0.36% | 81,302 | $5.2M | Reduce -30.9% |
| CLOI Vaneck Clo ETF | 0.36% | 97,800 | $5.2M | Add +0.2% |
| XLV SS Health Care Select Sector | 0.36% | 33,344 | $5.2M | Add +211.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.36% | 26,964 | $5.1M | Reduce -13.9% |
| IEMG iShares Core MSCI Emerging | 0.35% | 75,483 | $5.1M | Reduce -0.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.33% | 57,373 | $4.8M | Add +488.5% |
| VONE Vanguard Russell 1000 | 0.33% | 15,297 | $4.7M | Reduce -6.2% |
| ARKK ARK Innovation ETF | 0.33% | 61,411 | $4.7M | Add +9.5% |
| SGOL Abrdn Physical Gold Shares | 0.33% | 114,989 | $4.7M | Add +2.8% |
| APLD Applied Digital Corp. | 0.32% | 189,103 | $4.6M | Reduce -31.2% |
| XLK SS Technology Select Sector | 0.31% | 31,554 | $4.5M | Add +5.5% |
| RIV Rivernorth Opportunities | 0.31% | 377,169 | $4.4M | New |
| GROZ Zacks Focus Growth ETF | 0.29% | 139,500 | $4.2M | Add +3.3% |
| MRK Merck & Co. Inc. | 0.29% | 39,274 | $4.1M | Add +13.0% |
| SPHQ Invesco S&P 500 Quality ETF | 0.28% | 53,600 | $4.0M | New |
| LRCX Lam Research Corp. | 0.28% | 23,490 | $4.0M | Add +242.1% |
| GD General Dynamics Corp. | 0.28% | 11,819 | $4.0M | Add +109.8% |
| KHPI Kensington Hedged PRM in ETF filed as MANAGED PORTFOLIO SERIES | 0.27% | 153,837 | $3.9M | Add +42.2% |
| XBGYX BlackRock Enh Intl DVD TR | 0.27% | 661,192 | $3.9M | Reduce -27.6% |
| PG The Procter & Gamble Co. | 0.27% | 27,011 | $3.9M | Add +9.8% |
| AVK Advent Convert & Income | 0.27% | 308,048 | $3.9M | Add +3.9% |
| IDU iShares US Utilities ETF | 0.27% | 35,509 | $3.8M | New |
| XMMO Invesco S&P Midcap Momentum | 0.26% | 26,942 | $3.7M | Add +14.0% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 0.25% | 128,348 | $3.7M | Add +2.1% |
| PSC Principal US Small-Cap ETF | 0.25% | 62,399 | $3.6M | Add +4.2% |
| XLG Invesco S&P 500 Top 50 ETF | 0.25% | 59,945 | $3.6M | Add +10.6% |
| IYW iShares Ustechnology ETF | 0.24% | 17,684 | $3.5M | Add +246.9% |
| SPHD Invesco S&P 500 High Dividen | 0.24% | 73,205 | $3.5M | Add +3.1% |
Portfolio Sells Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.99 |
| NMAR Innovator GRW-100 PB ETF Mar | Sold out | 0.00% | −0.80 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -81.3% | 0.15% | −0.54 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -33.2% | 1.67% | −0.54 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -43.4% | 0.61% | −0.35 |
| CASY Casey's General Stores Inc. | Sold out | 0.00% | −0.30 |
| AXP American Express Co. | Sold out | 0.00% | −0.29 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.29 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.27 |
| VOO Vanguard S&P 500 ETF | Reduce -29.3% | 0.94% | −0.23 |
| FTHY First Trust Hi YLD Opp 2027 | Reduce -77.9% | 0.07% | −0.23 |
| VXX Ipath Series B S&P 500 Vix | Sold out | 0.00% | −0.23 |
| NVDA Nvidia Corp. | Reduce -16.8% | 2.56% | −0.22 |
| CAT Caterpillar Inc. | Sold out | 0.00% | −0.21 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.21 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.17 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.17 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.16 |
| PH Parker Hannifin Corp. | Sold out | 0.00% | −0.16 |
| USO United States Oil Fund LP | Sold out | 0.00% | −0.16 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.16 |
| ISTB iShares Core 1-5 Year Usd Bo | Reduce -71.8% | 0.07% | −0.15 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.15 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.15 |
| APP AppLovin Corp. Class A | Sold out | 0.00% | −0.14 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.14 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.14 |
| TCHI iShares MSCI China Tech | Sold out | 0.00% | −0.14 |
| ANET Arista Networks Inc. | Reduce -43.0% | 0.18% | −0.13 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.13 |
| IESC Ies Holdings Inc. | Sold out | 0.00% | −0.13 |
| GE General Electric | Sold out | 0.00% | −0.13 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.13 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.13 |
| GLDM SPDR Gold Minishares Trust | Reduce -56.4% | 0.15% | −0.13 |
| META Meta Platforms Inc. Class A | Reduce -13.5% | 0.77% | −0.12 |
| IMCG iShares Morningstar Mid-Cap | Sold out | 0.00% | −0.12 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.12 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.12 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.12 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.12 |
| SMH Vaneck Semiconductor ETF | Sold out | 0.00% | −0.12 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.12 |
| DE Deere & Co. | Sold out | 0.00% | −0.12 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.11 |
| GEV GE Vernova Inc. | Sold out | 0.00% | −0.11 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.11 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.11 |
| MP MP Materials Corp. | Sold out | 0.00% | −0.11 |
| IEO iShares U.S. Oil & Gas Explo | Sold out | 0.00% | −0.10 |
Portfolio Buys Q3 2025 → Q4 2025
| DIS The Walt Disney Co. | Add +40.0% | 3.63% | +1.27 |
| GLD SPDR Gold Shares | Add +138.0% | 1.57% | +1.03 |
| INVESCO QQQ TR | New | 0.97% | +0.97 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +67.5% | 1.67% | +0.76 |
| SH Proshares Short S&P500 | New | 0.71% | +0.71 |
| AKRE Akre Focus ETF | New | 0.69% | +0.69 |
| AAPL Apple Inc. | Add +3.8% | 3.03% | +0.56 |
| OMFL Invesco Russell 1000 DYN M/F | New | 0.53% | +0.53 |
| NFJ Virtus DVD Intrst & PRM STR | New | 0.49% | +0.49 |
| QQQM Invesco Nasdaq 100 ETF | Add +54.8% | 1.08% | +0.46 |
| GOOGL Alphabet Inc. Class A | Add +0.5% | 1.39% | +0.41 |
| CEFS Saba Opport Hedg Cef ETF-Usd | New | 0.39% | +0.39 |
| PVAL Putnam Focused LRG Cap Value | Add +3.2% | 1.95% | +0.35 |
| RSP Invesco S&P 500 Equal Weight | Add +3.0% | 2.55% | +0.33 |
| RIV Rivernorth Opportunities | New | 0.31% | +0.31 |
| TSLA Tesla Inc. | Add +33.1% | 0.89% | +0.29 |
| XBI SS SPDR S&P Biotech ETF | Add +142.3% | 0.40% | +0.28 |
| SPHQ Invesco S&P 500 Quality ETF | New | 0.28% | +0.28 |
| SHY iShares 1-3 Year Treasury Bo | Add +488.5% | 0.33% | +0.28 |
| SPAB SS SPDR P Agg Bond ETF | Add +4.5% | 2.10% | +0.28 |
| MU Micron Technology Inc. | Add +98.4% | 0.38% | +0.28 |
| SOXX iShares Semiconductor ETF | Add +49.1% | 0.59% | +0.27 |
| IDU iShares US Utilities ETF | New | 0.27% | +0.27 |
| XLV SS Health Care Select Sector | Add +211.4% | 0.36% | +0.26 |
| VWO Vanguard Ftse Emerging Marke | Add +48.2% | 0.68% | +0.26 |
| KBE SS SPDR S&P Bank ETF | New | 0.24% | +0.24 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +1.8% | 2.29% | +0.24 |
| XOP SS SPDR S&P Og Exp & Prod | New | 0.23% | +0.23 |
| KIE SS SPDR S&P Insurance ETF | New | 0.23% | +0.23 |
| LRCX Lam Research Corp. | Add +242.1% | 0.28% | +0.22 |
| BPRE Bluerock Private Real Estate | New | 0.19% | +0.19 |
| SHV iShares 0-1 Year Treasury Bo | Add +21.0% | 0.75% | +0.19 |
| IYW iShares Ustechnology ETF | Add +246.9% | 0.24% | +0.18 |
| AVGO Broadcom Inc. | Add +5.0% | 1.01% | +0.18 |
| NDAQ Nasdaq Inc. | New | 0.18% | +0.18 |
| KGC Kinross Gold Corp. | Add +262.9% | 0.21% | +0.16 |
| HL Hecla Mining Co. | New | 0.16% | +0.16 |
| KBWB Invesco KBW Bank ETF | New | 0.16% | +0.16 |
| GD General Dynamics Corp. | Add +109.8% | 0.28% | +0.16 |
| NEM Newmont Corp. | Add +706.4% | 0.16% | +0.15 |
| QUIZ Zacks QLTY Inter'l Fund | Add +180.9% | 0.21% | +0.14 |
| MSFT Microsoft Corp. | Add +5.1% | 1.75% | +0.14 |
| XOM Exxon Mobil Corp. | Add +6.6% | 0.67% | +0.14 |
| GDX Vaneck Gold Miners ETF | Add +256.3% | 0.17% | +0.13 |
| PYLD PIMCO Multisector Bond Actv | Add +658.0% | 0.15% | +0.13 |
| FLTR Vaneck Ig Floating Rate ETF | Add +2.9% | 1.07% | +0.13 |
| VEA Vanguard Ftse Developed ETF | Add +4.4% | 0.73% | +0.12 |
| IEI iShares 3-7 Year Treasury Bo | Add +196.9% | 0.18% | +0.12 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Add +1.4% | 0.95% | +0.12 |
| YOU Clear Secure Inc. Class A | New | 0.11% | +0.11 |
Notes & Other Activity Q3 2025 → Q4 2025
| NETDW Nabors Energy Transiti-CW | *W EXP 09/01/202 | Sold out | 78,500 | $22Kbefore exit |
| KIDZW Classover Holdings Inc. - 30 | *W EXP 04/03/203 | Sold out | 42,100 | $3Kbefore exit |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Sold out | 10,188 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 334 | $1.5B | AAPL, RSP, BINC, DIS, NVDA |
| Q1 2026Amended | 321 | $1.3B | BINC, DIS, RSP, AAPL, FBND |
| Q4 2025Amended | 360 | $1.4B | DIS, AAPL, NVDA, RSP, BINC |
| Q3 2025 | 761 | $1.6B | NVDA, AAPL, DIS, RSP, SPYM |
| Q2 2025 | 717 | $1.4B | DIS, NVDA, RSP, AAPL, SPAB |
| Q1 2025 | 713 | $1.3B | AAPL, DIS, NVDA, FBND, RSP |
| Q4 2024 | 743 | $1.4B | AAPL, VOO, DIS, QQQ, NVDA |
| Q3 2024Amended | 704 | $1.2B | VOO, DIS, AAPL, QQQ, RSP |
| Q2 2024 | 724 | $1.2B | AAPL, QQQ, VOO, FSK, DIS |
| Q1 2024 | 376 | $1.1B | ABBV, DIS, RSP, QQQ, VOO |