Bellevue Asset Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Bellevue Asset Management, LLC reported 487 stock positions worth $217.3 million. Its top holding was Microsoft (MSFT) at 32.6% of the portfolio, followed by Apple (AAPL, 6.4%) and Cap Group Growth Equity (CGGR, 4.6%). Compared with Q2 2025, it opened 32 new positions, sold out of 17, added to 145 and reduced 83. The biggest buy was a new position in First Trust Europe (FEP) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BELLEVUE, WA
- CIK
- 0001801619
- Portfolio Value
- $217.3M (Q3 2025)
- SEC Filing
- 0001801619-25-000006 ↗ filed Nov 4, 2025
Holdings Value
Holdings 487 stocks · $217.3M
| MSFT Microsoft Corp. | 32.62% | 136,856 | $70.9M | Reduce -1.0% |
| AAPL Apple Inc. | 6.42% | 54,807 | $14.0M | Reduce -2.3% |
| CGGR Cap Group Growth Equity | 4.56% | 225,780 | $9.9M | Reduce -13.6% |
| RDVY First Trust Rising Dividend | 4.51% | 145,862 | $9.8M | Reduce -7.8% |
| LMBS First Trust Low Duration Opp | 4.41% | 192,509 | $9.6M | Add +8.9% |
| COST Costco Wholesale Corp. | 2.85% | 6,687 | $6.2M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 2.61% | 25,789 | $5.7M | Add +24.0% |
| JIRE JPMorgan Int Res Enh Eqty | 2.44% | 71,963 | $5.3M | Add +18.2% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 2.27% | 83,149 | $4.9M | Reduce -11.2% |
| VGT Vanguard Info Tech ETF | 2.21% | 6,446 | $4.8M | Add +0.3% |
| FLXR TCW Flexible Income ETF | 2.07% | 113,144 | $4.5M | Add +10.3% |
| JSCP JPMorgan Short Duration Core | 2.05% | 93,427 | $4.4M | Add +10.0% |
| FTSM First Trust Enh Short Mat FD | 1.65% | 59,713 | $3.6M | Add +51.2% |
| SBUX Starbucks Corp. | 1.55% | 39,843 | $3.4M | Reduce -5.1% |
| TEK iShares Technology Opp A ETF | 1.39% | 97,062 | $3.0M | Reduce -14.0% |
| JEPI JPMorgan Equity Premium Inco | 1.37% | 52,009 | $3.0M | Reduce -4.4% |
| FNX First Trust Mid Cap Core Alp | 1.21% | 21,024 | $2.6M | Reduce -11.3% |
| GOOGL Alphabet Inc. Class A | 1.05% | 9,409 | $2.3M | Reduce -0.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.96% | 36,415 | $2.1M | Reduce -7.9% |
| PWRD TCW Transform Systems ETF | 0.94% | 20,843 | $2.0M | Reduce -15.8% |
| ABT Abbott Laboratories | 0.83% | 13,479 | $1.8M | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.82% | 7,345 | $1.8M | Add +0.0% |
| VCR Vanguard Consumer Discre ETF | 0.67% | 3,661 | $1.5M | Add +0.0% |
| AMGN Amgen Inc. | 0.66% | 5,076 | $1.4M | No change |
| NVDA Nvidia Corp. | 0.59% | 6,870 | $1.3M | Add +0.4% |
| FEP First Trust Europe | 0.55% | 23,153 | $1.2M | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 1,737 | $1.2M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.50% | 3,426 | $1.1M | Add +0.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.48% | 13,516 | $1.0M | No change |
| SCHG Schwab US Large-Cap Growth | 0.47% | 31,861 | $1.0M | Add +8.6% |
| VHT Vanguard Health Care ETF | 0.44% | 3,700 | $961K | Reduce -2.6% |
| AVGO Broadcom Inc. | 0.40% | 2,644 | $872K | Add +64.7% |
| SCHD Schwab US DVD Equity ETF | 0.40% | 31,877 | $870K | Reduce -3.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 2,227 | $731K | Reduce -5.2% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.33% | 27,940 | $719K | Reduce -2.1% |
| INTC Intel Corp. | 0.33% | 21,098 | $708K | Reduce -0.7% |
| CSCO Cisco Systems Inc. | 0.32% | 10,077 | $690K | Reduce -1.0% |
| LRCX Lam Research Corp. | 0.31% | 4,990 | $668K | No change |
| FIXD First Trust Smith Opportunis | 0.30% | 14,768 | $656K | Reduce -11.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 1,255 | $631K | Reduce -1.4% |
| V Visa Inc. Class A | 0.28% | 1,765 | $603K | No change |
| DVY iShares Select Dividend ETF | 0.28% | 4,229 | $601K | Add +0.4% |
| JPUS JPMorgan Div Ret US Eq ETF | 0.26% | 4,521 | $560K | Reduce -0.4% |
| HD Home Depot Inc. | 0.26% | 1,380 | $559K | Reduce -12.4% |
| TSLA Tesla Inc. | 0.26% | 1,252 | $557K | Reduce -6.7% |
| ADBE Adobe Inc. | 0.25% | 1,539 | $543K | No change |
| FVD First Trust Value Line DVD | 0.23% | 10,853 | $502K | Add +0.1% |
| KLAC KLA Corp. | 0.23% | 456 | $492K | Add +0.2% |
| SCHX Schwab US Large-Cap ETF | 0.22% | 17,804 | $469K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.20% | 572 | $436K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 7,579 | $391K | Add +0.1% |
| LUV Southwest Airlines Co. | 0.18% | 12,071 | $385K | Reduce -1.1% |
| NFLX Netflix Inc. | 0.18% | 320 | $384K | Reduce -1.5% |
| IYF iShares US Financials ETF | 0.17% | 2,980 | $377K | Add +0.0% |
| PG The Procter & Gamble Co. | 0.17% | 2,455 | $377K | Add +0.1% |
| DINT Davis Select International | 0.16% | 12,392 | $347K | Add +20.2% |
| ORCL Oracle Corp. | 0.16% | 1,221 | $343K | No change |
| PCAR Paccar Inc. | 0.16% | 3,481 | $342K | Add +0.1% |
| VOO Vanguard S&P 500 ETF | 0.15% | 547 | $335K | Add +32.1% |
| FXR First Trust Indst/Producers | 0.14% | 4,002 | $312K | Reduce -1.0% |
| PEP Pepsico Inc. | 0.14% | 2,131 | $299K | Add +3.4% |
| JNJ Johnson & Johnson | 0.13% | 1,563 | $290K | Add +0.2% |
| JPIN JPM Diversified Ret Intl Eq filed as J P MORGAN EXCHANGE TRADED F | 0.12% | 4,002 | $267K | Reduce -1.1% |
| PM Philip Morris International | 0.12% | 1,626 | $264K | Reduce -28.6% |
| QLV NT US Qual Lowvol ETF | 0.12% | 3,617 | $260K | No change |
| PPA Invesco Aerospace & Defense | 0.12% | 1,634 | $254K | Add +0.1% |
| VYM Vanguard High DVD Yield ETF | 0.11% | 1,760 | $248K | Add +0.2% |
| MO Altria Group Inc. | 0.11% | 3,744 | $247K | Add +0.2% |
| IWR iShares Russell Mid-Cap ETF | 0.11% | 2,496 | $241K | Add +1.2% |
| TSBK Timberland Bancorp Inc. | 0.10% | 6,400 | $213K | No change |
| FNDA Schwab Fndmntl US SM Co. ETF | 0.10% | 6,760 | $211K | Add +0.3% |
| CVX Chevron Corp. | 0.09% | 1,291 | $201K | Add +0.5% |
| FISV Fiserv Inc. | 0.09% | 1,540 | $199K | No change |
| BMY Bristol-Myers Squibb Co. | 0.09% | 4,384 | $198K | Reduce -4.2% |
| NKE Nike Inc. Class B | 0.09% | 2,800 | $195K | Reduce -14.6% |
| IVV iShares Core S&P 500 ETF | 0.09% | 285 | $191K | Reduce -1.7% |
| FDX FedEx Corp. | 0.09% | 804 | $190K | Add +0.1% |
| META Meta Platforms Inc. Class A | 0.08% | 248 | $182K | No change |
| FDL First Trust Morn DVD Lead Inc. | 0.08% | 4,098 | $178K | Add +0.0% |
| QCOM Qualcomm Inc. | 0.08% | 1,067 | $178K | Add +0.1% |
| MDLZ Mondelez International Inc. Class A | 0.08% | 2,837 | $177K | No change |
| XLK SS Technology Select Sector | 0.08% | 620 | $175K | No change |
| ITA iShares U.S. Aerospace & Def | 0.08% | 808 | $169K | Add +0.3% |
| KO The Coca-Cola Co. | 0.07% | 2,413 | $160K | Reduce -22.2% |
| MCD McDonald's Corp. | 0.07% | 521 | $158K | Add +0.2% |
| PTF Invesco Dorsey Wright Tech | 0.07% | 2,103 | $157K | No change |
| AIVL Wisdomtree US AI Enhanced Va | 0.07% | 1,368 | $156K | Add +0.1% |
| ADPT Adaptive Biotechnologies | 0.07% | 10,335 | $155K | No change |
| BA The Boeing Co. | 0.07% | 679 | $147K | Reduce -16.6% |
| DFSU Dimensional US Sus CORE1 ETF | 0.06% | 3,300 | $140K | Add +0.2% |
| VIG Vanguard Dividend Apprec ETF | 0.06% | 631 | $136K | No change |
| MA Mastercard Inc. Class A | 0.06% | 238 | $136K | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.06% | 225 | $135K | Add +36.4% |
| AMAT Applied Materials Inc. | 0.06% | 654 | $134K | No change |
| EXR Extra Space Storage Inc. | 0.06% | 942 | $133K | No change |
| NOK Nokia Corp.-Spon ADR | 0.06% | 27,047 | $130K | No change |
| PRN Invesco Dorsey Wright Indus | 0.06% | 746 | $129K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.06% | 1,092 | $125K | Reduce -9.6% |
| LOW Lowe's Cos Inc. | 0.06% | 484 | $122K | No change |
| GS Goldman Sachs Group Inc. | 0.06% | 150 | $119K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -1.0% | 32.62% | −0.84 |
| CGGR Cap Group Growth Equity | Reduce -13.6% | 4.56% | −0.60 |
| COST Costco Wholesale Corp. | Reduce -0.5% | 2.85% | −0.39 |
| SBUX Starbucks Corp. | Reduce -5.1% | 1.55% | −0.32 |
| RDVY First Trust Rising Dividend | Reduce -7.8% | 4.51% | −0.32 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -11.2% | 2.27% | −0.22 |
| TEK iShares Technology Opp A ETF | Reduce -14.0% | 1.39% | −0.16 |
| PWRD TCW Transform Systems ETF | Reduce -15.8% | 0.94% | −0.15 |
| JEPI JPMorgan Equity Premium Inco | Reduce -4.4% | 1.37% | −0.14 |
| FNX First Trust Mid Cap Core Alp | Reduce -11.3% | 1.21% | −0.11 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -7.9% | 0.96% | −0.08 |
| PM Philip Morris International | Reduce -28.6% | 0.12% | −0.08 |
| DFUV Dimensional US Marketwide Va | Sold out | 0.00% | −0.08 |
| FIXD First Trust Smith Opportunis | Reduce -11.1% | 0.30% | −0.05 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.05 |
| NFLX Netflix Inc. | Reduce -1.5% | 0.18% | −0.04 |
| KO The Coca-Cola Co. | Reduce -22.2% | 0.07% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -3.7% | 0.40% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -56.3% | 0.02% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -1.0% | 0.32% | −0.03 |
| WAFD Wafd Inc. | Sold out | 0.00% | −0.02 |
| HD Home Depot Inc. | Reduce -12.4% | 0.26% | −0.02 |
| NKE Nike Inc. Class B | Reduce -14.6% | 0.09% | −0.02 |
| VHT Vanguard Health Care ETF | Reduce -2.6% | 0.44% | −0.02 |
| BA The Boeing Co. | Reduce -16.6% | 0.07% | −0.02 |
| DIS The Walt Disney Co. | Reduce -9.6% | 0.06% | −0.02 |
| LUV Southwest Airlines Co. | Reduce -1.1% | 0.18% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -4.2% | 0.09% | −0.01 |
| DUK Duke Energy Corp. | Reduce -35.8% | 0.02% | −0.01 |
| JHML John Hancock Multi Fact LRG | Reduce -35.2% | 0.02% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.2% | 0.34% | −0.01 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.4% | 0.29% | −0.01 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.01 |
| DFAI Dimensional International Co. | Reduce -45.0% | 0.01% | −0.01 |
| UTF Cohen & Steers Infrastructur | Reduce -23.2% | 0.02% | −0.01 |
| MDIV FT Multi-Asset Divers Inc. | Sold out | 0.00% | −0.01 |
| FBIN Fortune Brands Innovations I | Reduce -49.5% | 0.01% | −0.01 |
| KHC The Kraft Heinz Co. | Reduce -69.5% | 0.00% | −0.01 |
| EXPD Expeditors Intl Wash Inc. | Reduce -47.4% | 0.01% | −0.01 |
| DFAE Dimensional Emerging Core Eq | Reduce -66.1% | 0.00% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -47.4% | 0.01% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -49.4% | 0.01% | −0.01 |
| FXG First Trust Consumer Staples | Reduce -2.3% | 0.05% | −0.01 |
| VAW Vanguard Materials ETF | Reduce -14.0% | 0.03% | −0.00 |
| VZ Verizon Communications Inc. | Reduce -10.1% | 0.03% | −0.00 |
| RQI Cohen & Steers Qual Inc. RLTY | Reduce -35.9% | 0.01% | −0.00 |
| JPIN JPM Diversified Ret Intl Eq | Reduce -1.1% | 0.12% | −0.00 |
| JPUS JPMorgan Div Ret US Eq ETF | Reduce -0.4% | 0.26% | −0.00 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| FEP First Trust Europe | New | 0.55% | +0.55 |
| FTSM First Trust Enh Short Mat FD | Add +51.2% | 1.65% | +0.50 |
| AMZN Amazon.com Inc. | Add +24.0% | 2.61% | +0.38 |
| JIRE JPMorgan Int Res Enh Eqty | Add +18.2% | 2.44% | +0.34 |
| GOOG Alphabet Inc. Class C | Add +0.0% | 0.82% | +0.19 |
| AVGO Broadcom Inc. | Add +64.7% | 0.40% | +0.19 |
| LMBS First Trust Low Duration Opp | Add +8.9% | 4.41% | +0.17 |
| VGT Vanguard Info Tech ETF | Add +0.3% | 2.21% | +0.14 |
| FLXR TCW Flexible Income ETF | Add +10.3% | 2.07% | +0.10 |
| JSCP JPMorgan Short Duration Core | Add +10.0% | 2.05% | +0.09 |
| NVDA Nvidia Corp. | Add +0.4% | 0.59% | +0.06 |
| SCHG Schwab US Large-Cap Growth | Add +8.6% | 0.47% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +32.1% | 0.15% | +0.04 |
| DINT Davis Select International | Add +20.2% | 0.16% | +0.03 |
| KLAC KLA Corp. | Add +0.2% | 0.23% | +0.03 |
| VCR Vanguard Consumer Discre ETF | Add +0.0% | 0.67% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +810.3% | 0.02% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +36.4% | 0.06% | +0.02 |
| JNJ Johnson & Johnson | Add +0.2% | 0.13% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.50% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.53% | +0.01 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +21.2% | 0.04% | +0.01 |
| VSXY Victoria's Secret & Co. | New | 0.01% | +0.01 |
| POWL Powell Industries Inc. | New | 0.01% | +0.01 |
| HSY The Hershey Co. | Add +13.5% | 0.04% | +0.01 |
| MO Altria Group Inc. | Add +0.2% | 0.11% | +0.01 |
| BAC Bank of America Corp. | Add +0.1% | 0.18% | +0.01 |
| PEP Pepsico Inc. | Add +3.4% | 0.14% | +0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.00% | +0.00 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | New | 0.00% | +0.00 |
| PPA Invesco Aerospace & Defense | Add +0.1% | 0.12% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +0.1% | 0.22% | +0.00 |
| DVY iShares Select Dividend ETF | Add +0.4% | 0.28% | +0.00 |
| ITA iShares U.S. Aerospace & Def | Add +0.3% | 0.08% | +0.00 |
| KVUE Kenvue Inc. | New | 0.00% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.3% | 0.10% | +0.00 |
| GLW Corning Inc. | Add +0.4% | 0.01% | +0.00 |
| O Realty Income Corp. | Add +10.8% | 0.03% | +0.00 |
| CVX Chevron Corp. | Add +0.5% | 0.09% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +13.9% | 0.02% | +0.00 |
| AIQ Global X Art Intel & Tech | New | 0.00% | +0.00 |
| SCHO Schwab Short-Term US Treas | Add +17.7% | 0.02% | +0.00 |
| EBAY eBay Inc. | Add +0.3% | 0.02% | +0.00 |
| ARTY iShares Future AI & Tech ETF | New | 0.00% | +0.00 |
| FAST Fastenal Co. | Add +0.3% | 0.02% | +0.00 |
| SPYD SS SPDR P S&P 500 Hi Div ETF | Add +11.4% | 0.02% | +0.00 |
| CVS CVS Health Corp. | Add +50.0% | 0.01% | +0.00 |
| DFSU Dimensional US Sus CORE1 ETF | Add +0.2% | 0.06% | +0.00 |
| CRDO Credo Technology Group Holdi | New | 0.00% | +0.00 |
| TOTL SS Doubleline TR Tact ETF | Add +7.1% | 0.05% | +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 |