Bell Investment Advisors, Inc
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 16, 2025), Bell Investment Advisors, Inc reported 1,904 stock positions worth $541.2 million. Its top holding was Goldman Sachs Access Treasur (GBIL) at 10.5% of the portfolio, followed by Schwab Fndmntl US LRG Co. ETF (FNDX, 9.3%) and NT Iboxx 3Y Dur Tips ETF (TDTT, 8.0%). Compared with Q4 2024, it opened 68 new positions, sold out of 66, added to 586 and reduced 326. The biggest buy was iShares 20+ Year Treasury BD (TLT, shares +3%) and the biggest sale Schwab Fndmntl US SM Co. ETF (FNDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- ORINDA, CA
- CIK
- 0001890149
- Portfolio Value
- $541.2M (Q1 2025)
- SEC Filing
- 0001890149-25-000004 ↗ filed May 16, 2025
Holdings Value
Holdings 1,904 stocks · $541.2M
| GBIL Goldman Sachs Access Treasur | 10.49% | 566,721 | $56.8M | Add +2.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 9.34% | 2,141,066 | $50.6M | Add +2.7% |
| TDTT NT Iboxx 3Y Dur Tips ETF | 8.02% | 1,780,929 | $43.4M | Add +0.7% |
| VMBS Vanguard Mortgage-Backed Sec | 7.82% | 913,358 | $42.3M | Add +2.9% |
| TLT iShares 20+ Year Treasury BD | 6.15% | 365,808 | $33.3M | Add +3.0% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 4.45% | 666,235 | $24.1M | Reduce -0.7% |
| SCHX Schwab US Large-Cap ETF | 4.08% | 999,350 | $22.1M | Add +2.0% |
| FNDA Schwab Fndmntl US SM Co. ETF | 3.67% | 725,125 | $19.9M | Reduce -1.2% |
| MTUM iShares MSCI USA Momentum Fa | 3.53% | 94,590 | $19.1M | Reduce -2.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.09% | 96,862 | $16.7M | Reduce -0.7% |
| QUAL iShares MSCI USA Quality Fac | 2.42% | 76,743 | $13.1M | Reduce -0.3% |
| SPLV Invesco S&P 500 Low Volatili | 2.09% | 151,587 | $11.3M | Reduce -0.4% |
| SCHF Schwab Intl Equity ETF | 2.05% | 561,300 | $11.1M | Add +3.6% |
| SCHD Schwab US DVD Equity ETF | 1.86% | 359,978 | $10.1M | Add +1.5% |
| IQLT iShares MSCI International Q | 1.45% | 197,935 | $7.9M | Reduce -0.7% |
| IEMG iShares Core MSCI Emerging | 1.34% | 134,127 | $7.2M | Add +1.8% |
| AOR iShares Core 60/40 Balanced | 1.32% | 123,923 | $7.1M | Reduce -6.8% |
| IJR iShares Core S&P Small-Cap E | 1.30% | 67,416 | $7.0M | Reduce -0.5% |
| VGLT Vanguard Long-Term Treasury | 1.27% | 119,266 | $6.9M | Reduce -9.0% |
| FNDE Schwab Fndmntl Em MRK Eq ETF | 1.26% | 222,223 | $6.8M | Reduce -1.4% |
| FNDC Schwab Fndmnt Intl SM Eq ETF | 1.26% | 187,792 | $6.8M | Reduce -0.6% |
| AAPL Apple Inc. | 1.15% | 27,901 | $6.2M | Reduce -0.4% |
| SCHA Schwab US Small-Cap ETF | 1.12% | 258,319 | $6.1M | Add +0.0% |
| GSSC Goldman Sachs Activebeta US | 1.02% | 87,145 | $5.5M | Add +0.5% |
| IDLV Invesco S&P International DE | 0.93% | 166,179 | $5.0M | Reduce -0.7% |
| CMF iShares California Muni Bond | 0.77% | 74,152 | $4.2M | Add +15.5% |
| SCHC Schwab Intl Small-Cap Equity | 0.70% | 105,992 | $3.8M | Add +4.5% |
| VIG Vanguard Dividend Apprec ETF | 0.69% | 19,309 | $3.7M | Add +2.5% |
| USMV iShares MSCI USA Min Vol Fac | 0.66% | 38,390 | $3.6M | Reduce -0.1% |
| ISCF iShares International Small | 0.59% | 94,147 | $3.2M | Reduce -0.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.41% | 21,368 | $2.2M | Add +3.6% |
| VOO Vanguard S&P 500 ETF | 0.39% | 4,138 | $2.1M | Reduce -0.7% |
| GOOG Alphabet Inc. Class C | 0.39% | 13,587 | $2.1M | Add +0.0% |
| ESGV Vanguard ESG US Stock ETF | 0.36% | 19,935 | $2.0M | Reduce -3.4% |
| PRF Invesco Rafi US 1000 ETF | 0.36% | 47,738 | $1.9M | Add +0.3% |
| MSFT Microsoft Corp. | 0.29% | 4,215 | $1.6M | Reduce -0.5% |
| BND Vanguard Total Bond Market | 0.29% | 21,308 | $1.6M | Reduce -0.8% |
| IVLU iShares MSCI International V | 0.28% | 50,880 | $1.5M | Reduce -4.0% |
| VSGX Vanguard ESG Intl Stock ETF | 0.28% | 25,611 | $1.5M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 0.27% | 9,367 | $1.4M | Add +0.9% |
| EFAV iShares MSCI Eafe Min Vol Fa | 0.26% | 17,862 | $1.4M | Reduce -0.7% |
| NVDA Nvidia Corp. | 0.26% | 12,821 | $1.4M | Add +3.7% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.24% | 47,506 | $1.3M | Reduce -4.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 5,832 | $1.3M | Reduce -5.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.22% | 2,176 | $1.2M | Reduce -10.4% |
| ESML iShares ESG Aware MSCI USA S | 0.21% | 30,297 | $1.2M | Reduce -1.4% |
| VSS Vanguard Ftse All Wo X-US SC | 0.21% | 9,630 | $1.1M | Reduce -1.9% |
| SPMB SS SPDR P Mort Back Bond ETF | 0.20% | 48,357 | $1.1M | Reduce -6.4% |
| SPYX SS SPDR S&P 500 Foss FL ETF | 0.18% | 21,014 | $961K | Add +5.6% |
| VEA Vanguard Ftse Developed ETF | 0.18% | 18,892 | $960K | Reduce -5.6% |
| RTX RTX Corp. | 0.17% | 7,086 | $939K | Add +0.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.17% | 3,558 | $914K | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.15% | 1 | $798K | New |
| SHE SS SPDR MSCI U Gend Div ETF | 0.14% | 6,636 | $757K | Reduce -4.8% |
| ESGU iShares ESG Aware MSCI USA | 0.14% | 6,146 | $749K | Reduce -11.4% |
| ESGD iShares Trust iShares ESG Aw | 0.13% | 8,809 | $720K | Reduce -1.1% |
| AMZN Amazon.com Inc. | 0.12% | 3,487 | $663K | Add +1.9% |
| MMM 3M Co. | 0.12% | 4,299 | $631K | Add +4114.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.12% | 1,337 | $627K | Reduce -1.7% |
| MBB iShares MBS ETF | 0.11% | 6,569 | $616K | Add +4.5% |
| INTU Intuit Inc. | 0.10% | 925 | $568K | Reduce -0.3% |
| ESGE iShares Inc. iShares ESG Awar | 0.10% | 15,863 | $554K | Reduce -2.2% |
| SCHB Schwab US Broad Market ETF | 0.10% | 24,434 | $526K | Reduce -47.9% |
| DFAC Dimensional US Core Equity 2 | 0.10% | 15,776 | $520K | No change |
| PG The Procter & Gamble Co. | 0.10% | 3,050 | $520K | Add +1.1% |
| A Agilent Technologies Inc. | 0.09% | 4,224 | $494K | No change |
| NYF iShares New York Muni Bond E | 0.09% | 8,861 | $467K | Add +0.5% |
| ABBV Abbvie Inc. | 0.08% | 2,080 | $436K | Add +0.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.08% | 2,327 | $434K | Add +3.8% |
| CARR Carrier Global Corp. | 0.08% | 6,831 | $433K | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.08% | 3,625 | $431K | Reduce -1.2% |
| ELV Elevance Health Inc. | 0.08% | 990 | $430K | Add +3.8% |
| JPM JPMorgan Chase & Co. | 0.08% | 1,739 | $427K | Add +2.1% |
| META Meta Platforms Inc. Class A | 0.08% | 728 | $420K | Add +1.1% |
| V Visa Inc. Class A | 0.08% | 1,197 | $420K | Add +3.5% |
| CALI Ishrs SH-TRM Ca Muni Act ETF | 0.07% | 7,708 | $388K | Add +0.4% |
| VLUE iShares MSCI USA Value Facto | 0.07% | 3,621 | $386K | Add +4.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 1,366 | $376K | Reduce -34.0% |
| OTIS Otis Worldwide Corp. | 0.07% | 3,552 | $367K | Add +0.3% |
| SPHY SS SPDR P High Yield ETF | 0.06% | 14,949 | $350K | Add +12.1% |
| CVX Chevron Corp. | 0.06% | 2,000 | $335K | Add +6.8% |
| SCHV Schwab US Large-Cap Value | 0.06% | 12,366 | $329K | No change |
| IMTM iShares MSCI Intl Momentum F | 0.06% | 8,065 | $322K | No change |
| TSLA Tesla Inc. | 0.06% | 1,231 | $319K | Reduce -47.4% |
| SPGI S&P Global Inc. | 0.06% | 626 | $318K | Add +0.8% |
| KEYS Keysight Technologies Inc. | 0.06% | 2,063 | $309K | Add +0.1% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.05% | 4,027 | $297K | Add +0.8% |
| VWO Vanguard Ftse Emerging Marke | 0.05% | 6,512 | $295K | Add +0.1% |
| IDEV iShares Core MSCI Dev MKTS | 0.05% | 4,239 | $292K | No change |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | 0.05% | 7,640 | $289K | Add +122.8% |
| MUB iShares National Muni Bond E | 0.05% | 2,658 | $280K | Reduce -25.8% |
| LLY Eli Lilly & Co. | 0.05% | 328 | $271K | Add +4.1% |
| NFLX Netflix Inc. | 0.05% | 289 | $270K | Add +1.1% |
| XLK SS Technology Select Sector | 0.05% | 1,279 | $264K | No change |
| SMH Vaneck Semiconductor ETF | 0.05% | 1,223 | $259K | No change |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.05% | 9,294 | $253K | Reduce -30.9% |
| UNH Unitedhealth Group Inc. | 0.05% | 472 | $247K | Reduce -5.2% |
| GLDM SPDR Gold Minishares Trust | 0.05% | 3,985 | $247K | No change |
| MA Mastercard Inc. Class A | 0.05% | 446 | $244K | Add +3.5% |
| MRK Merck & Co. Inc. | 0.04% | 2,707 | $243K | Add +3.2% |
Portfolio Sells Q4 2024 → Q1 2025
| FNDA Schwab Fndmntl US SM Co. ETF | Reduce -1.2% | 3.67% | −0.40 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -2.3% | 3.53% | −0.21 |
| AAPL Apple Inc. | Reduce -0.4% | 1.15% | −0.17 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.5% | 1.30% | −0.16 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.3% | 2.42% | −0.14 |
| TSLA Tesla Inc. | Reduce -47.4% | 0.06% | −0.12 |
| AOR iShares Core 60/40 Balanced | Reduce -6.8% | 1.32% | −0.11 |
| SCHB Schwab US Broad Market ETF | Reduce -47.9% | 0.10% | −0.10 |
| VGLT Vanguard Long-Term Treasury | Reduce -9.0% | 1.27% | −0.09 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -99.8% | 0.00% | −0.05 |
| ESGV Vanguard ESG US Stock ETF | Reduce -3.4% | 0.36% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -34.0% | 0.07% | −0.04 |
| MSFT Microsoft Corp. | Reduce -0.5% | 0.29% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.4% | 0.22% | −0.04 |
| ICSH iShares Ultra Short Duration | Reduce -93.0% | 0.00% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -5.8% | 0.24% | −0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -42.1% | 0.04% | −0.03 |
| ESGU iShares ESG Aware MSCI USA | Reduce -11.4% | 0.14% | −0.03 |
| VOO Vanguard S&P 500 ETF | Reduce -0.7% | 0.39% | −0.03 |
| ESML iShares ESG Aware MSCI USA S | Reduce -1.4% | 0.21% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -25.8% | 0.05% | −0.02 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -30.9% | 0.05% | −0.02 |
| PINS Pinterest Inc. Class A | Reduce -83.2% | 0.00% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -38.9% | 0.02% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.7% | 0.12% | −0.01 |
| SPMB SS SPDR P Mort Back Bond ETF | Reduce -6.4% | 0.20% | −0.01 |
| SHE SS SPDR MSCI U Gend Div ETF | Reduce -4.8% | 0.14% | −0.01 |
| HON Honeywell International Inc. | Reduce -46.7% | 0.01% | −0.01 |
| VAL Valaris Ltd. | Reduce -87.7% | 0.00% | −0.01 |
| NKE Nike Inc. Class B | Reduce -0.7% | 0.03% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -19.6% | 0.02% | −0.01 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -4.5% | 0.24% | −0.01 |
| HPQ HP Inc. | Reduce -32.3% | 0.01% | −0.01 |
| COP Conocophillips | Reduce -40.2% | 0.01% | −0.01 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -1.9% | 0.21% | −0.00 |
| INTU Intuit Inc. | Reduce -0.3% | 0.10% | −0.00 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -25.5% | 0.01% | −0.00 |
| AMD Advanced Micro Devices | Reduce -3.5% | 0.02% | −0.00 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.00 |
| TTD Trade Desk Inc./the Class A | Reduce -26.1% | 0.00% | −0.00 |
| SCHW Schwab (charles) Corp. | Reduce -15.1% | 0.03% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -9.5% | 0.04% | −0.00 |
| HPE Hewlett Packard Enterprise | Reduce -3.6% | 0.01% | −0.00 |
| PSX Phillips 66 | Reduce -44.6% | 0.00% | −0.00 |
| LW Lamb Weston Holdings Inc. | Reduce -2.0% | 0.01% | −0.00 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.00 |
| IVV iShares Core S&P 500 ETF | Reduce -5.5% | 0.02% | −0.00 |
| STZ Constellation Brands Inc. Class A | Reduce -33.6% | 0.00% | −0.00 |
| XBI SS SPDR S&P Biotech ETF | Reduce -56.4% | 0.00% | −0.00 |
| ELF Elf Beauty Inc. | Reduce -7.0% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| TLT iShares 20+ Year Treasury BD | Add +3.0% | 6.15% | +0.36 |
| VMBS Vanguard Mortgage-Backed Sec | Add +2.9% | 7.82% | +0.30 |
| TDTT NT Iboxx 3Y Dur Tips ETF | Add +0.7% | 8.02% | +0.23 |
| GBIL Goldman Sachs Access Treasur | Add +2.8% | 10.49% | +0.20 |
| SCHF Schwab Intl Equity ETF | Add +3.6% | 2.05% | +0.18 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.15% | +0.15 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +2.7% | 9.34% | +0.12 |
| MMM 3M Co. | Add +4114.7% | 0.12% | +0.11 |
| CMF iShares California Muni Bond | Add +15.5% | 0.77% | +0.08 |
| SCHC Schwab Intl Small-Cap Equity | Add +4.5% | 0.70% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +1.8% | 1.34% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +1.5% | 1.86% | +0.05 |
| PRFZ Inv Rafi US 1500 SM-Usd Inc. | Add +122.8% | 0.05% | +0.03 |
| VTEC Vanguard Ca Tax-Ex Bond | Add +1174.3% | 0.02% | +0.02 |
| STIP iShares 0-5 Year Tips Bond E | Add +3.6% | 0.41% | +0.02 |
| RTX RTX Corp. | Add +0.0% | 0.17% | +0.02 |
| SOLV Solventum Corp. | Add +655.1% | 0.02% | +0.01 |
| ELV Elevance Health Inc. | Add +3.8% | 0.08% | +0.01 |
| ABBV Abbvie Inc. | Add +0.9% | 0.08% | +0.01 |
| CVX Chevron Corp. | Add +6.8% | 0.06% | +0.01 |
| JNJ Johnson & Johnson | Add +28.0% | 0.03% | +0.01 |
| V Visa Inc. Class A | Add +3.5% | 0.08% | +0.01 |
| KNTK Kinetik Holdings Inc. | New | 0.01% | +0.01 |
| OTIS Otis Worldwide Corp. | Add +0.3% | 0.07% | +0.01 |
| ABT Abbott Laboratories | Add +1.2% | 0.04% | +0.01 |
| SPHY SS SPDR P High Yield ETF | Add +12.1% | 0.06% | +0.01 |
| MBB iShares MBS ETF | Add +4.5% | 0.11% | +0.01 |
| GE General Electric | Add +1.8% | 0.03% | +0.01 |
| T AT&T Inc. | Add +0.8% | 0.03% | +0.00 |
| MDT Medtronic PLC | Add +48.1% | 0.01% | +0.00 |
| LLY Eli Lilly & Co. | Add +4.1% | 0.05% | +0.00 |
| FLGB Franklin Ftse United Kingdom | Add +13.3% | 0.02% | +0.00 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +0.8% | 0.05% | +0.00 |
| CVS CVS Health Corp. | Add +119.8% | 0.01% | +0.00 |
| TMUS T-Mobile US Inc. | Add +0.5% | 0.02% | +0.00 |
| SPOT Spotify Technology SA | Add +0.6% | 0.02% | +0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +2.5% | 0.69% | +0.00 |
| AMGN Amgen Inc. | Add +2.9% | 0.02% | +0.00 |
| BNY Bank of New York Mellon Corp. | Add +0.3% | 0.04% | +0.00 |
| XEL Xcel Energy Inc. | Add +34.0% | 0.01% | +0.00 |
| MA Mastercard Inc. Class A | Add +3.5% | 0.05% | +0.00 |
| PARAA Paramount Global Class B | Add +100.3% | 0.01% | +0.00 |
| CPA Copa Holdings SA Class A | Add +19.6% | 0.01% | +0.00 |
| REYN Reynolds Consumer Products I | Add +1576.9% | 0.00% | +0.00 |
| UBER Uber Technologies Inc. | Add +9.1% | 0.01% | +0.00 |
| VLUE iShares MSCI USA Value Facto | Add +4.0% | 0.07% | +0.00 |
| GILD Gilead Sciences Inc. | Add +9.1% | 0.01% | +0.00 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 0.08% | +0.00 |
| CHRD Chord Energy Corp. | Add +164.5% | 0.00% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | Add +4.9% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,820 | $680.8M | FNDX, GBIL, VMBS, TDTT, TLT |
| Q1 2026 | 1,860 | $639.2M | GBIL, FNDX, VMBS, TDTT, TLT |
| Q4 2025 | 1,802 | $632.3M | GBIL, FNDX, VMBS, TDTT, TLT |
| Q3 2025 | 1,876 | $611.9M | GBIL, FNDX, VMBS, TDTT, TLT |
| Q2 2025 | 1,879 | $581.6M | GBIL, FNDX, VMBS, TDTT, TLT |
| Q1 2025 | 1,904 | $541.2M | GBIL, FNDX, TDTT, VMBS, TLT |
| Q4 2024 | 1,900 | $535.2M | GBIL, FNDX, TDTT, VMBS, TLT |
| Q3 2024 | 1,878 | $545.2M | GBIL, FNDX, TDTT, VMBS, TLT |
| Q2 2024 | 1,943 | $509.4M | GBIL, FNDX, TDTT, VMBS, TLT |
| Q1 2024 | 1,909 | $511.7M | GBIL, FNDX, TDTT, VMBS, TLT |