Bellevue Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Bellevue Asset Management, LLC reported 489 stock positions worth $193.7 million. Its top holding was Microsoft (MSFT) at 30.9% of the portfolio, followed by Apple (AAPL, 7.4%) and First Trust Smith Opportunis (FIXD, 4.6%). Compared with Q3 2024, it opened 49 new positions, sold out of 19, added to 119 and reduced 59. The biggest buy was a new position in First Trust Smith Unconstrai (UCON) and the biggest sale First Trust Smith Opportunis (FIXD, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001801619
- Portfolio Value
- $193.7M (Q4 2024)
- SEC Filing
- 0001801619-25-000001 ↗ filed Feb 6, 2025
Holdings Value
Holdings 489 stocks · $193.7M
| MSFT Microsoft Corp. | 30.85% | 141,785 | $59.8M | Reduce -0.0% |
| AAPL Apple Inc. | 7.36% | 56,914 | $14.3M | Reduce -1.8% |
| FIXD First Trust Smith Opportunis | 4.63% | 208,649 | $9.0M | Reduce -12.9% |
| CGGR Cap Group Growth Equity | 4.39% | 228,716 | $8.5M | Reduce -0.2% |
| FNX First Trust Mid Cap Core Alp | 4.22% | 70,732 | $8.2M | Add +0.1% |
| LMBS First Trust Low Duration Opp | 4.10% | 163,173 | $7.9M | Reduce -3.2% |
| RDVY First Trust Rising Dividend | 3.93% | 128,731 | $7.6M | Reduce -0.0% |
| COST Costco Wholesale Corp. | 3.28% | 6,943 | $6.4M | Add +1.0% |
| SBUX Starbucks Corp. | 2.72% | 57,771 | $5.3M | Reduce -10.0% |
| AMZN Amazon.com Inc. | 2.63% | 23,200 | $5.1M | Reduce -0.4% |
| JIRE JPMorgan Int Res Enh Eqty | 2.07% | 68,549 | $4.0M | Add +1.8% |
| VGT Vanguard Info Tech ETF | 2.05% | 6,386 | $4.0M | Reduce -0.3% |
| JEPI JPMorgan Equity Premium Inco | 1.59% | 53,553 | $3.1M | Add +1.5% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 1.16% | 39,831 | $2.2M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 0.93% | 9,498 | $1.8M | No change |
| FTSM First Trust Enh Short Mat FD | 0.90% | 29,310 | $1.8M | Reduce -37.0% |
| ABT Abbott Laboratories | 0.79% | 13,475 | $1.5M | Add +0.4% |
| PWRD TCW Transform Systems ETF | 0.78% | 20,918 | $1.5M | Add +0.6% |
| PLTR Palantir Technologies Inc. Class A | 0.78% | 20,001 | $1.5M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.73% | 7,413 | $1.4M | No change |
| VCR Vanguard Consumer Discre ETF | 0.71% | 3,658 | $1.4M | Add +0.1% |
| AMGN Amgen Inc. | 0.68% | 5,076 | $1.3M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.67% | 5,397 | $1.3M | Add +0.0% |
| ADBE Adobe Inc. | 0.57% | 2,462 | $1.1M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.56% | 1,845 | $1.1M | Add +1.1% |
| UCON First Trust Smith Unconstrai | 0.52% | 40,929 | $1.0M | New |
| TSLA Tesla Inc. | 0.51% | 2,438 | $985K | Reduce -13.5% |
| VHT Vanguard Health Care ETF | 0.50% | 3,797 | $963K | Reduce -0.2% |
| SCHD Schwab US DVD Equity ETF | 0.47% | 32,970 | $901K | Add +9.9% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.41% | 13,637 | $798K | Add +0.9% |
| NVDA Nvidia Corp. | 0.40% | 5,770 | $775K | Add +0.5% |
| V Visa Inc. Class A | 0.38% | 2,325 | $735K | Add +0.9% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.37% | 31,056 | $722K | Reduce -2.6% |
| CSCO Cisco Systems Inc. | 0.34% | 11,271 | $667K | Reduce -5.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 2,270 | $658K | No change |
| JPUS JPMorgan Div Ret US Eq ETF | 0.32% | 5,440 | $621K | Reduce -2.9% |
| HD Home Depot Inc. | 0.32% | 1,569 | $610K | Add +1.2% |
| DINT Davis Select International | 0.31% | 27,895 | $609K | Add +0.8% |
| SCHG Schwab US Large-Cap Growth | 0.30% | 20,825 | $580K | Add +31.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.30% | 1,273 | $577K | Add +37.3% |
| FVD First Trust Value Line DVD | 0.25% | 11,213 | $489K | Add +2.5% |
| DVY iShares Select Dividend ETF | 0.25% | 3,622 | $476K | Add +0.2% |
| LLY Eli Lilly & Co. | 0.23% | 567 | $438K | Add +183.5% |
| BABA Alibaba Group Holding-SP ADR | 0.22% | 5,100 | $432K | No change |
| INTC Intel Corp. | 0.22% | 21,248 | $426K | Add +0.1% |
| SCHX Schwab US Large-Cap ETF | 0.21% | 17,786 | $412K | Add +7.8% |
| PG The Procter & Gamble Co. | 0.21% | 2,446 | $410K | Reduce -19.0% |
| LUV Southwest Airlines Co. | 0.21% | 12,200 | $410K | No change |
| LRCX Lam Research Corp. | 0.19% | 4,990 | $360K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.17% | 7,569 | $333K | Add +0.0% |
| IYF iShares US Financials ETF | 0.17% | 2,976 | $329K | Add +0.1% |
| PCAR Paccar Inc. | 0.17% | 3,155 | $328K | Add +1.8% |
| FISV Fiserv Inc. | 0.16% | 1,540 | $316K | No change |
| PEP Pepsico Inc. | 0.16% | 2,046 | $311K | No change |
| FXR First Trust Indst/Producers | 0.16% | 4,041 | $302K | Add +0.1% |
| NFLX Netflix Inc. | 0.15% | 335 | $299K | No change |
| KLAC KLA Corp. | 0.15% | 455 | $287K | No change |
| BMY Bristol-Myers Squibb Co. | 0.14% | 4,867 | $275K | Reduce -10.8% |
| PM Philip Morris International | 0.14% | 2,277 | $274K | Add +0.1% |
| NKE Nike Inc. Class B | 0.13% | 3,347 | $253K | No change |
| ORCL Oracle Corp. | 0.12% | 1,441 | $240K | Add +3.7% |
| QLV NT US Qual Lowvol ETF | 0.12% | 3,596 | $234K | Reduce -8.5% |
| JPIN JPM Diversified Ret Intl Eq filed as J P MORGAN EXCHANGE TRADED F | 0.12% | 4,280 | $229K | Reduce -1.0% |
| FDX FedEx Corp. | 0.12% | 802 | $226K | No change |
| JNJ Johnson & Johnson | 0.12% | 1,551 | $224K | Add +2.2% |
| VYM Vanguard High DVD Yield ETF | 0.12% | 1,751 | $223K | Add +0.2% |
| TSBK Timberland Bancorp Inc. | 0.10% | 6,400 | $195K | No change |
| KO The Coca-Cola Co. | 0.10% | 3,092 | $193K | Add +0.6% |
| MO Altria Group Inc. | 0.10% | 3,649 | $191K | Add +0.2% |
| PPA Invesco Aerospace & Defense | 0.10% | 1,632 | $187K | Add +0.1% |
| CVX Chevron Corp. | 0.10% | 1,271 | $184K | Add +0.6% |
| BA The Boeing Co. | 0.09% | 1,005 | $178K | Reduce -6.0% |
| IVV iShares Core S&P 500 ETF | 0.09% | 302 | $178K | Add +63.2% |
| IWR iShares Russell Mid-Cap ETF | 0.09% | 1,954 | $173K | Add +29.8% |
| MDLZ Mondelez International Inc. Class A | 0.09% | 2,837 | $169K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.09% | 5,693 | $169K | Add +54.0% |
| FDL First Trust Morn DVD Lead Inc. | 0.09% | 4,095 | $165K | Add +2.5% |
| QCOM Qualcomm Inc. | 0.08% | 1,065 | $164K | Reduce -20.5% |
| PTF Invesco Dorsey Wright Tech | 0.08% | 2,103 | $153K | Reduce -15.1% |
| MCD McDonald's Corp. | 0.08% | 520 | $151K | No change |
| DHR Danaher Corp. | 0.08% | 636 | $146K | No change |
| AIVL Wisdomtree US AI Enhanced Va | 0.08% | 1,365 | $145K | No change |
| META Meta Platforms Inc. Class A | 0.07% | 248 | $145K | No change |
| XLK SS Technology Select Sector | 0.07% | 620 | $144K | No change |
| EXR Extra Space Storage Inc. | 0.07% | 940 | $141K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.07% | 1,208 | $135K | Reduce -18.0% |
| UPS United Parcel Service Class B | 0.07% | 1,051 | $133K | Reduce -0.8% |
| GIS General Mills Inc. | 0.07% | 2,008 | $128K | Add +4.1% |
| MA Mastercard Inc. Class A | 0.06% | 238 | $125K | No change |
| DFSU Dimensional US Sus CORE1 ETF | 0.06% | 3,277 | $124K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 630 | $123K | Add +5.0% |
| FXG First Trust Consumer Staples | 0.06% | 1,890 | $121K | Add +0.1% |
| NOK Nokia Corp.-Spon ADR | 0.06% | 27,047 | $120K | No change |
| LOW Lowe's Cos Inc. | 0.06% | 484 | $119K | No change |
| ITA iShares U.S. Aerospace & Def | 0.06% | 805 | $117K | Add +0.1% |
| PRN Invesco Dorsey Wright Indus | 0.06% | 746 | $115K | No change |
| EMR Emerson Electric Co. | 0.06% | 900 | $112K | No change |
| AMAT Applied Materials Inc. | 0.05% | 654 | $106K | No change |
| TOTL SS Doubleline TR Tact ETF | 0.05% | 2,657 | $105K | Add +51.3% |
| IYE iShares U.S. Energy ETF | 0.05% | 2,170 | $99K | Reduce -6.7% |
Portfolio Sells Q3 2024 → Q4 2024
| FIXD First Trust Smith Opportunis | Reduce -12.9% | 4.63% | −0.94 |
| FTSM First Trust Enh Short Mat FD | Reduce -37.0% | 0.90% | −0.53 |
| SBUX Starbucks Corp. | Reduce -10.0% | 2.72% | −0.49 |
| MSFT Microsoft Corp. | Reduce -0.0% | 30.85% | −0.49 |
| LMBS First Trust Low Duration Opp | Reduce -3.2% | 4.10% | −0.18 |
| PG The Procter & Gamble Co. | Reduce -19.0% | 0.21% | −0.06 |
| VHT Vanguard Health Care ETF | Reduce -0.2% | 0.50% | −0.05 |
| DFSI Dimensional Int Sus COR1 ETF | Sold out | 0.00% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -20.5% | 0.08% | −0.03 |
| DISV Dimensional International SM | Sold out | 0.00% | −0.03 |
| SCHO Schwab Short-Term US Treas | Reduce -50.6% | 0.03% | −0.03 |
| MFC Manulife Financial Corp. | Sold out | 0.00% | −0.03 |
| JPUS JPMorgan Div Ret US Eq ETF | Reduce -2.9% | 0.32% | −0.02 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -1.0% | 0.12% | −0.02 |
| OKE Oneok Inc. | Reduce -48.5% | 0.02% | −0.01 |
| QLV NT US Qual Lowvol ETF | Reduce -8.5% | 0.12% | −0.01 |
| DFSE Dimensional Em Sus CORE1 ETF | Sold out | 0.00% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -32.1% | 0.02% | −0.01 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -2.6% | 0.37% | −0.01 |
| PFF iShares Preferred & Income S | Reduce -74.7% | 0.00% | −0.01 |
| PTH Invesco Dorsey Wright Health | Reduce -16.5% | 0.03% | −0.01 |
| PSA Public Storage | Reduce -3.1% | 0.04% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.01 |
| T AT&T Inc. | Reduce -24.6% | 0.03% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.8% | 0.07% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Sold out | 0.00% | −0.01 |
| PGX Invesco Preferred ETF | Reduce -5.5% | 0.04% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -79.7% | 0.00% | −0.00 |
| CVS CVS Health Corp. | Reduce -52.8% | 0.00% | −0.00 |
| IYE iShares U.S. Energy ETF | Reduce -6.7% | 0.05% | −0.00 |
| YYY Amplify Cef High Income ETF | Reduce -34.4% | 0.01% | −0.00 |
| FXO First Trust Financial Alphad | Reduce -13.0% | 0.04% | −0.00 |
| DIS The Walt Disney Co. | Reduce -18.0% | 0.07% | −0.00 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -80.0% | 0.00% | −0.00 |
| JHMM John Hancock Multi Fact Mid | Reduce -11.6% | 0.02% | −0.00 |
| BMY Bristol-Myers Squibb Co. | Reduce -10.8% | 0.14% | −0.00 |
| BP BP PLC-Spons ADR | Sold out | 0.00% | −0.00 |
| DEO Diageo PLC-Sponsored ADR | Reduce -11.3% | 0.01% | −0.00 |
| BIPC Brookfield Infrastructure-A | Sold out | 0.00% | −0.00 |
| PTF Invesco Dorsey Wright Tech | Reduce -15.1% | 0.08% | −0.00 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.00 |
| HEWJ Isha Curr Hedged MSCI Japan | Sold out | 0.00% | −0.00 |
| WBD Warner Bros Discovery Inc. | Reduce -53.2% | 0.00% | −0.00 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.00 |
| IRBTQ Irobot Corp. | Sold out | 0.00% | −0.00 |
| LRGF iShares US Equity Factor ETF | Reduce -8.4% | 0.02% | −0.00 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | Sold out | 0.00% | −0.00 |
| HIMS Hims & Hers Health Inc. | Sold out | 0.00% | −0.00 |
| BEPC Brookfield Renewable Cor-A | Sold out | 0.00% | −0.00 |
| PTLO Portillo's Inc. Class A | Sold out | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| UCON First Trust Smith Unconstrai | New | 0.52% | +0.52 |
| PLTR Palantir Technologies Inc. Class A | Add +0.0% | 0.78% | +0.40 |
| COST Costco Wholesale Corp. | Add +1.0% | 3.28% | +0.15 |
| LLY Eli Lilly & Co. | Add +183.5% | 0.23% | +0.14 |
| SCHG Schwab US Large-Cap Growth | Add +31.5% | 0.30% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 0.67% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +37.3% | 0.30% | +0.08 |
| VCR Vanguard Consumer Discre ETF | Add +0.1% | 0.71% | +0.07 |
| V Visa Inc. Class A | Add +0.9% | 0.38% | +0.05 |
| JEPQ JPM Nasdaq Equity Premium | Add +1.4% | 1.16% | +0.05 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.05% | +0.05 |
| NVDA Nvidia Corp. | Add +0.5% | 0.40% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +63.2% | 0.09% | +0.04 |
| SCHD Schwab US DVD Equity ETF | Add +9.9% | 0.47% | +0.03 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +54.0% | 0.09% | +0.03 |
| IJR iShares Core S&P Small-Cap E | New | 0.02% | +0.02 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | New | 0.02% | +0.02 |
| IVW iShares S&P 500 Growth ETF | New | 0.02% | +0.02 |
| SCHX Schwab US Large-Cap ETF | Add +7.8% | 0.21% | +0.02 |
| IWR iShares Russell Mid-Cap ETF | Add +29.8% | 0.09% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.1% | 0.56% | +0.02 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +223.5% | 0.03% | +0.02 |
| WRB WR Berkley Corp. | Add +0.9% | 0.41% | +0.02 |
| BAC Bank of America Corp. | Add +0.0% | 0.17% | +0.02 |
| AVGO Broadcom Inc. | New | 0.02% | +0.02 |
| TOTL SS Doubleline TR Tact ETF | Add +51.3% | 0.05% | +0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.02% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +120.4% | 0.03% | +0.02 |
| NCDL Nuveen Churchill Direct Lend | New | 0.01% | +0.01 |
| IWS iShares Russell Mid-Cap Valu | Add +96.0% | 0.03% | +0.01 |
| PCAR Paccar Inc. | Add +1.8% | 0.17% | +0.01 |
| MBB iShares MBS ETF | New | 0.01% | +0.01 |
| IYF iShares US Financials ETF | Add +0.1% | 0.17% | +0.01 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +1481.8% | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +27.6% | 0.05% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Add +225.7% | 0.01% | +0.01 |
| IVE iShares S&P 500 Value ETF | New | 0.01% | +0.01 |
| TIP iShares Tips Bond ETF | Add +108.8% | 0.01% | +0.01 |
| BIDU Baidu Inc. - Spon ADR | New | 0.01% | +0.01 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.01% | +0.01 |
| GILD Gilead Sciences Inc. | Add +10.7% | 0.03% | +0.01 |
| IGE iShares North American Natur | New | 0.01% | +0.01 |
| IYW iShares Ustechnology ETF | Add +446.7% | 0.01% | +0.01 |
| SCZ iShares MSCI Eafe Small-Cap | New | 0.01% | +0.01 |
| SGOL Abrdn Physical Gold Shares | New | 0.01% | +0.01 |
| IWP iShares Russell Mid-Cap Grow | New | 0.00% | +0.00 |
| IWO iShares Russell 2000 Growth | New | 0.00% | +0.00 |
| EMB iShares JP Morgan Usd Emergi | New | 0.00% | +0.00 |
| ALL Allstate Corp. | New | 0.00% | +0.00 |
| BNY Bank of New York Mellon Corp. | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 578 | $216.7M | MSFT, AAPL, CGGR, RDVY, LMBS |
| Q1 2026 | 369 | $199.8M | MSFT, AAPL, CGGR, RDVY, LMBS |
| Q4 2025 | 489 | $309.3M | RDVY, MSFT, AAPL, CGGR, LMBS |
| Q3 2025 | 487 | $217.3M | MSFT, AAPL, CGGR, RDVY, LMBS |
| Q2 2025 | 472 | $205.5M | MSFT, AAPL, CGGR, RDVY, LMBS |
| Q1 2025 | 477 | $183.3M | MSFT, AAPL, FIXD, RDVY, CGGR |
| Q4 2024 | 489 | $193.7M | MSFT, AAPL, FIXD, CGGR, FNX |
| Q3 2024 | 459 | $194.7M | MSFT, AAPL, FIXD, LMBS, FNX |
| Q2 2024 | 462 | $181.1M | MSFT, AAPL, FIXD, FNX, CGGR |
| Q1 2024 | 457 | $176.2M | MSFT, AAPL, FIXD, FNX, CGGR |