BLB&B Advisors, LLC

Name: BLB&B Advisors, LLC 13F holdings, Q2 2025
Creator: BLB&B Advisors, LLC
Published: 2025-08-04

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 4, 2025), BLB&B Advisors, LLC reported 269 stock positions worth $2.1 billion. Its top holding was Vanguard Ftse Developed ETF (VEA) at 8.7% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.2%) and iShares Core S&P Midcap ETF (IJH, 6.4%). Compared with Q1 2025, it opened 10 new positions, sold out of 16, added to 70 and reduced 152. The biggest buy was Vngrd Mrngstr MD-Cap ETF-Usd (VO, shares +29%) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F: Q2 2026
Location: MONTGOMERYVILLE, PA
CIK: 0001389059
Portfolio Value: $2.1B (Q2 2025)
SEC Filing: 0001085146-25-004476 ↗ filed Aug 4, 2025

Holdings Value

Holdings 269 stocks · $2.1B


VEA Vanguard Ftse Developed ETF	8.66%	3,251,331	$185.4M	Reduce -0.8%
IVV iShares Core S&P 500 ETF	7.20%	248,249	$154.1M	Add +4.4%
IJH iShares Core S&P Midcap ETF	6.39%	2,203,629	$136.7M	Add +0.6%
VWO Vanguard Ftse Emerging Marke	5.76%	2,490,439	$123.2M	Add +0.3%
NVDA Nvidia Corp.	3.84%	519,971	$82.2M	Reduce -1.4%
MSFT Microsoft Corp.	3.50%	150,554	$74.9M	Reduce -1.4%
IJR iShares Core S&P Small-Cap E	3.36%	657,365	$71.8M	Reduce -2.2%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC	3.34%	2,102,164	$71.4M	Add +2.5%
AGG iShares Core U.S. Aggregate	3.09%	667,470	$66.2M	Add +4.7%
AAPL Apple Inc.	2.97%	309,770	$63.6M	Reduce -2.1%
ITOT iShares Core S&P Total U.S.	2.25%	355,895	$48.1M	Add +3.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd	2.13%	163,221	$45.7M	Add +29.0%
IEFA iShares Core MSCI Eafe ETF	1.96%	501,568	$41.9M	Add +6.6%
JNK SS SPDR BB High Yield Bond	1.91%	420,848	$40.9M	Add +2.6%
JPM JPMorgan Chase & Co.	1.76%	130,136	$37.7M	Reduce -0.3%
SCHM Schwab US Mid Cap ETF	1.64%	1,247,966	$35.0M	Reduce -10.1%
AMZN Amazon.com Inc.	1.58%	154,076	$33.8M	Reduce -0.3%
IEMG iShares Core MSCI Emerging	1.56%	556,394	$33.4M	Add +2.4%
VB Vanguard Most SM-Cap ETF-Usd	1.45%	130,593	$30.9M	Add +13.3%
BRK.B Berkshire Hathaway Inc. Class B	1.27%	55,939	$27.2M	Add +1.9%
GOOGL Alphabet Inc. Class A	1.25%	151,647	$26.7M	Add +2.0%
COST Costco Wholesale Corp.	1.16%	25,129	$24.9M	Reduce -0.4%
SPY SS SPDR S&P 500 ETF Trust-US	1.15%	39,856	$24.6M	Add +5.3%
V Visa Inc. Class A	1.03%	62,040	$22.0M	Reduce -1.2%
EMB iShares JP Morgan Usd Emergi	0.89%	204,747	$19.0M	Add +4.3%
PG The Procter & Gamble Co.	0.85%	113,976	$18.2M	Reduce -0.4%
PLD Prologis Inc.	0.85%	172,576	$18.1M	No change
CVX Chevron Corp.	0.85%	126,346	$18.1M	Reduce -0.9%
VEU Vanguard Ftse All-World Ex-U	0.83%	264,599	$17.8M	Add +1.4%
PANW Palo Alto Networks Inc.	0.82%	86,228	$17.6M	Add +1.0%
ABBV Abbvie Inc.	0.76%	87,287	$16.2M	Reduce -1.1%
GEV GE Vernova Inc.	0.75%	30,416	$16.1M	Add +34.1%
CDNS Cadence Design SYS Inc.	0.74%	51,390	$15.8M	Add +4.2%
META Meta Platforms Inc. Class A	0.73%	21,153	$15.6M	Add +40.1%
ANET Arista Networks Inc.	0.71%	147,651	$15.1M	Add +2.8%
SYK Stryker Corp.	0.70%	37,689	$14.9M	Reduce -1.9%
DE Deere & Co.	0.67%	28,005	$14.2M	Reduce -0.1%
CRM Salesforce Inc.	0.64%	50,261	$13.7M	Add +4.3%
NEE Nextera Energy Inc.	0.64%	197,384	$13.7M	Add +0.9%
VUG Vanguard Mrngstar GR ETF-Sui	0.57%	27,810	$12.2M	Reduce -0.7%
WM Waste Management Inc.	0.56%	52,243	$12.0M	Add +1.0%
ZTS Zoetis Inc.	0.55%	75,875	$11.8M	Add +4.1%
SPGI S&P Global Inc.	0.53%	21,709	$11.4M	Add +0.3%
MCD McDonald's Corp.	0.53%	39,082	$11.4M	Reduce -2.3%
DHR Danaher Corp.	0.51%	55,561	$11.0M	Add +11.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.48%	82,821	$10.2M	Reduce -0.1%
SCHG Schwab US Large-Cap Growth	0.47%	345,340	$10.1M	Reduce -6.5%
VTV Vanguard Mrngstr Val ETF-Aui	0.44%	52,897	$9.3M	Reduce -0.7%
JNJ Johnson & Johnson	0.43%	60,929	$9.3M	Reduce -7.5%
LIN Linde PLC	0.43%	19,792	$9.3M	Add +1.0%
O Realty Income Corp.	0.41%	153,343	$8.8M	Add +13.1%
COF Capital One Financial Corp.	0.41%	41,350	$8.8M	Add +72.2%
DHI D.R. Horton Inc.	0.38%	63,269	$8.2M	Add +5.3%
MPWR Monolithic Power Systems Inc.	0.31%	9,205	$6.7M	Add +9.1%
TTWO Take-Two Interactive Softwre	0.31%	27,319	$6.6M	Reduce -50.8%
QQQ Invesco QQQ Trust Series 1	0.31%	11,841	$6.5M	Reduce -6.0%
NFLX Netflix Inc.	0.30%	4,772	$6.4M	Add +193.8%
XOM Exxon Mobil Corp.	0.29%	56,953	$6.1M	Reduce -0.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.29%	20,802	$6.1M	Reduce -2.9%
IONS Ionis Pharmaceuticals Inc.	0.28%	151,550	$6.0M	Reduce -0.4%
ADP Automatic Data Processing	0.25%	17,392	$5.4M	Reduce -1.4%
FANG Diamondback Energy Inc.	0.22%	34,323	$4.7M	Add +64.7%
ABT Abbott Laboratories	0.21%	32,912	$4.5M	Reduce -1.5%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.20%	15,000	$4.3M	Reduce -4.9%
AXP American Express Co.	0.19%	12,828	$4.1M	Reduce -0.5%
PNC PNC Financial Services Group	0.19%	21,887	$4.1M	Reduce -2.4%
CAT Caterpillar Inc.	0.19%	10,449	$4.1M	Reduce -0.7%
TOL Toll Brothers Inc.	0.19%	35,383	$4.0M	Add +2.5%
VOO Vanguard S&P 500 ETF	0.18%	6,865	$3.9M	Add +4.5%
VTI VG Morningstar TS MKT ETF-US	0.18%	12,389	$3.8M	Add +15.5%
HON Honeywell International Inc.	0.16%	15,077	$3.5M	Reduce -0.9%
MRK Merck & Co. Inc.	0.16%	43,212	$3.4M	Reduce -2.9%
KO The Coca-Cola Co.	0.15%	46,836	$3.3M	Add +0.7%
BSV Vanguard Short-Term Bond ETF	0.14%	37,359	$2.9M	Reduce -0.5%
PEP Pepsico Inc.	0.13%	21,606	$2.9M	Reduce -6.5%
BSY Bentley Systems Inc. Class B	0.13%	52,100	$2.8M	No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	0.13%	34,220	$2.8M	Add +108.8%
BIV Vanguard Intermediate-Term B	0.13%	35,646	$2.8M	Add +3.8%
DUK Duke Energy Corp.	0.13%	22,675	$2.7M	Reduce -3.7%
EMR Emerson Electric Co.	0.12%	20,028	$2.7M	Reduce -3.4%
BNDX Vanguard Total Intl Bond ETF	0.12%	52,201	$2.6M	Add +10.5%
VGT Vanguard Info Tech ETF	0.12%	3,715	$2.5M	Reduce -5.3%
EFA iShares MSCI Eafe ETF	0.11%	26,950	$2.4M	Reduce -7.0%
SCHD Schwab US DVD Equity ETF	0.10%	84,822	$2.2M	Reduce -5.7%
LLY Eli Lilly & Co.	0.10%	2,876	$2.2M	Reduce -2.9%
XLK SS Technology Select Sector	0.10%	8,793	$2.2M	Reduce -54.8%
AVGO Broadcom Inc.	0.10%	7,517	$2.1M	Reduce -25.7%
JPST JPMorgan Ultra-Short Income	0.10%	40,761	$2.1M	Add +32.3%
WTRG Essential Utilities Inc.	0.10%	55,123	$2.0M	Reduce -3.0%
CSCO Cisco Systems Inc.	0.10%	29,357	$2.0M	Add +2.0%
MA Mastercard Inc. Class A	0.09%	3,537	$2.0M	Reduce -2.2%
TT Trane Technologies PLC	0.08%	4,037	$1.8M	Reduce -1.1%
GOOG Alphabet Inc. Class C	0.08%	9,437	$1.7M	Add +17.8%
PAYX Paychex Inc.	0.08%	11,465	$1.7M	Reduce -3.2%
GLW Corning Inc.	0.07%	30,443	$1.6M	Add +0.7%
VWOB Vanguard Emerg MKTS Gov BND	0.07%	24,091	$1.6M	Add +56.4%
GE General Electric filed as GE AEROSPACE	0.07%	5,700	$1.5M	Reduce -1.8%
FSK FS KKR Capital Corp.	0.07%	70,097	$1.5M	Reduce -2.4%
HD Home Depot Inc.	0.07%	3,913	$1.4M	Reduce -1.6%
SPIB SS SPDR P Int C Corp. ETF	0.07%	42,341	$1.4M	Reduce -13.0%
TSLA Tesla Inc.	0.07%	4,469	$1.4M	Reduce -23.7%
XLE SS Energy Select Sector	0.06%	16,032	$1.4M	Reduce -51.5%
ORCL Oracle Corp.	0.06%	6,086	$1.3M	Reduce -7.4%
EEM iShares MSCI Emerging Market	0.06%	27,494	$1.3M	Reduce -15.4%
MMM 3M Co.	0.06%	8,620	$1.3M	Reduce -1.7%
CNP Centerpoint Energy Inc.	0.06%	35,303	$1.3M	Reduce -4.0%
SPSB SS SPDR P St C Corp. ETF	0.06%	41,991	$1.3M	Reduce -5.5%
WFC Wells Fargo & Co.	0.06%	15,790	$1.3M	Reduce -6.2%
VZ Verizon Communications Inc.	0.06%	29,220	$1.3M	Reduce -15.7%
VFMO Vanguard US Momentum Factor	0.06%	7,250	$1.3M	No change
QCOM Qualcomm Inc.	0.06%	7,790	$1.2M	Reduce -0.3%
CSX CSX Corp.	0.06%	37,546	$1.2M	Reduce -9.5%
VXUS Vanguard Total Intl Stock	0.06%	17,688	$1.2M	Add +14.0%
ESGU iShares ESG Aware MSCI USA	0.06%	8,994	$1.2M	Reduce -11.3%
ADBE Adobe Inc.	0.06%	3,082	$1.2M	Reduce -5.1%
VTEB Vanguard Tax-Exempt Bond ETF	0.06%	24,130	$1.2M	No change
SHOP Shopify Inc. Class A	0.05%	10,000	$1.2M	Reduce -1.0%
PFE Pfizer Inc.	0.05%	45,095	$1.1M	Reduce -10.6%
VMBS Vanguard Mortgage-Backed Sec	0.05%	22,584	$1.0M	No change
BLV Vanguard Long-Term Bond ETF	0.05%	14,397	$1.0M	Reduce -0.7%
CEG Constellation Energy	0.05%	3,064	$989K	Reduce -12.9%
GLD SPDR Gold Shares	0.05%	3,236	$986K	Add +23.3%
LQD Ishr Ibx Usd Invgd CB ETF-Ui	0.05%	8,882	$974K	Reduce -8.6%
BLK BlackRock Inc.	0.05%	922	$967K	Reduce -11.5%
ENB Enbridge Inc.	0.04%	20,940	$948K	Reduce -4.5%
CSL Carlisle Cos Inc.	0.04%	2,499	$933K	Reduce -3.2%
VFH Vanguard Financials ETF	0.04%	7,286	$928K	Reduce -26.7%
IWP iShares Russell Mid-Cap Grow	0.04%	6,647	$922K	Reduce -13.4%
AMGN Amgen Inc.	0.04%	3,252	$908K	Add +0.8%
BMY Bristol-Myers Squibb Co.	0.04%	19,531	$904K	Reduce -13.0%
LMT Lockheed Martin Corp.	0.04%	1,949	$903K	Reduce -58.3%
ET Energy Transfer LP	0.04%	49,051	$889K	Reduce -2.0%
VIGI Vanguard Int Div App Indx FD	0.04%	9,800	$883K	No change
SCHB Schwab US Broad Market ETF	0.04%	36,908	$880K	Reduce -4.3%
TXN Texas Instruments Inc.	0.04%	4,207	$873K	Reduce -1.7%
XLI SS Industrial Select Sector	0.04%	5,752	$849K	Reduce -74.7%
BA The Boeing Co.	0.04%	3,977	$833K	Reduce -7.6%
WMT Walmart Inc.	0.04%	8,449	$826K	Reduce -2.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.04%	17,244	$816K	Reduce -24.8%
CMS CMS Energy Corp.	0.04%	11,725	$812K	Reduce -5.4%
SCHA Schwab US Small-Cap ETF	0.04%	31,501	$797K	Reduce -5.3%
XAR SS SPDR S&P Aerospace Def	0.04%	3,773	$796K	Reduce -2.6%
IWR iShares Russell Mid-Cap ETF	0.04%	8,399	$772K	No change
UVSP Univest Financial Corp.	0.04%	25,418	$764K	Add +0.0%
WMB Williams Cos Inc.	0.04%	12,129	$762K	Reduce -0.9%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.04%	2,735	$757K	Add +2.8%
IWB iShares Russell 1000 ETF	0.04%	2,224	$755K	No change
WDC Western Digital Corp.	0.03%	11,428	$731K	Reduce -2.2%
BRK.A Berkshire Hathaway Inc. Class A	0.03%	1	$729K	No change
PLTR Palantir Technologies Inc. Class A	0.03%	5,319	$725K	Reduce -1.9%
EAGG iShares ESG Aware US Aggrega	0.03%	15,123	$719K	Add +0.2%
CI The Cigna Group	0.03%	2,172	$718K	Reduce -0.1%
WPC WP Carey Inc.	0.03%	11,046	$689K	Add +0.0%
APD Air Products & Chemicals Inc.	0.03%	2,392	$675K	Add +1.7%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.03%	5,153	$639K	Reduce -2.9%
MDY State Street SPDR S&P Midcap	0.03%	1,107	$627K	Reduce -9.2%
HSY The Hershey Co.	0.03%	3,770	$626K	No change
PPL PPL Corp.	0.03%	18,453	$625K	Reduce -16.0%
EXC Exelon Corp.	0.03%	14,304	$621K	Add +0.9%
AMP Ameriprise Financial Inc.	0.03%	1,158	$618K	Add +1.3%
SHW The Sherwin-Williams Co.	0.03%	1,762	$605K	No change
VIG Vanguard Dividend Apprec ETF	0.03%	2,950	$604K	Reduce -5.9%
CEF Sprott Physical Gold and Sil	0.03%	20,000	$602K	No change
OEF iShares S&P 100 ETF	0.03%	1,872	$570K	Reduce -37.8%
COP Conocophillips	0.03%	6,321	$567K	No change
PPG PPG Industries Inc.	0.03%	4,745	$540K	Reduce -6.5%
RTX RTX Corp.	0.02%	3,612	$527K	Reduce -10.0%
FTNT Fortinet Inc.	0.02%	4,976	$526K	No change
ETN Eaton Corp. PLC	0.02%	1,440	$514K	Reduce -1.4%
BX Blackstone Inc.	0.02%	3,385	$506K	Reduce -15.1%
CRWD CrowdStrike Holdings Inc. Class A	0.02%	990	$504K	Add +18.7%
XJH Ishare ESG SS S&P Midcap ETF	0.02%	11,866	$492K	Add +6.5%
CMI Cummins Inc.	0.02%	1,501	$492K	No change
VOE Vngrd Mrngstr MD-Cap Val ETF	0.02%	2,982	$490K	Reduce -20.2%
XLC SS Comm Select Sector SPDR	0.02%	4,501	$488K	Reduce -85.9%
MDLZ Mondelez International Inc. Class A	0.02%	7,110	$479K	Reduce -10.5%
TGT Target Corp.	0.02%	4,837	$477K	Reduce -29.1%
KMB Kimberly-Clark Corp.	0.02%	3,688	$475K	Reduce -3.5%
PM Philip Morris International	0.02%	2,610	$475K	Reduce -2.4%
TXT Textron Inc.	0.02%	5,854	$470K	Reduce -0.5%
ESGD iShares Trust iShares ESG Aw	0.02%	5,245	$468K	Add +52.5%
CMCSA Comcast Corp. Class A	0.02%	12,816	$457K	Reduce -16.6%
ACN Accenture PLC Class A	0.02%	1,527	$456K	No change
XLV SS Health Care Select Sector	0.02%	3,345	$451K	Reduce -79.7%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.02%	2,281	$445K	Add +4.7%
ECL Ecolab Inc.	0.02%	1,633	$440K	Reduce -13.4%
ESGE iShares Inc. iShares ESG Awar	0.02%	11,193	$438K	Add +0.4%
UNP Union Pacific Corp.	0.02%	1,874	$431K	Add +2.1%
ATO Atmos Energy Corp.	0.02%	2,671	$412K	No change
SPSM SS SPDR P S&P 600 Small Cap	0.02%	9,601	$409K	Reduce -24.4%
T AT&T Inc.	0.02%	14,002	$405K	Reduce -26.9%
ZBH Zimmer Biomet Holdings Inc.	0.02%	4,375	$399K	Reduce -2.2%
ISRG Intuitive Surgical Inc.	0.02%	727	$395K	Reduce -0.7%
D Dominion Energy Inc.	0.02%	6,903	$390K	Reduce -1.4%
LOW Lowe's Cos Inc.	0.02%	1,754	$389K	Reduce -13.3%
XLRE SS Real Estate Select Sector	0.02%	9,383	$389K	Reduce -66.1%
ITW Illinois Tool Works	0.02%	1,560	$386K	Reduce -0.3%
TPL Texas Pacific Land Corp.	0.02%	365	$386K	No change
ALL Allstate Corp.	0.02%	1,903	$383K	No change
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.02%	1,319	$375K	Reduce -14.7%
IAU iShares Gold Trust	0.02%	5,913	$369K	Reduce -45.2%
DVY iShares Select Dividend ETF	0.02%	2,770	$368K	Add +7.9%
SO The Southern Co.	0.02%	3,979	$365K	No change
MS Morgan Stanley	0.02%	2,565	$361K	Reduce -9.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.02%	3,920	$357K	Reduce -3.6%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.02%	4,345	$355K	Add +13.4%
CTVA Corteva Inc.	0.02%	4,758	$355K	Reduce -13.9%
EW Edwards Lifesciences Corp.	0.02%	4,531	$354K	Reduce -0.6%
MCK McKesson Corp.	0.02%	474	$347K	Reduce -3.1%
VNQ Vanguard Real Estate ETF	0.02%	3,897	$347K	Reduce -40.9%
JEPI JPMorgan Equity Premium Inco	0.02%	6,100	$347K	Reduce -10.3%
TRV The Travelers Cos Inc.	0.02%	1,282	$343K	Reduce -10.0%
NRG NRG Energy Inc.	0.02%	2,133	$343K	No change
BDX Becton Dickinson and Co.	0.02%	1,969	$339K	Reduce -5.2%
DFAC Dimensional US Core Equity 2	0.02%	9,455	$339K	No change
AEP American Electric Power	0.02%	3,262	$338K	Add +2.6%
VHT Vanguard Health Care ETF	0.02%	1,356	$337K	Reduce -21.8%
CP Canadian Pacific Kansas City	0.02%	4,230	$335K	No change
AMAT Applied Materials Inc.	0.02%	1,800	$330K	Reduce -10.5%
BND Vanguard Total Bond Market	0.02%	4,377	$322K	New
SLV iShares Silver Trust	0.01%	9,789	$321K	Add +21.2%
IVOG Vanguard S&P Mid-Cap 400 Gro	0.01%	2,822	$319K	No change
NBTB N B T Bancorp Inc.	0.01%	7,656	$318K	No change
MTB M & T Bank Corp. filed as M & T BK CORP	0.01%	1,602	$311K	No change
WSFS WSFS Financial Corp.	0.01%	5,610	$309K	No change
VPV Invesco Pa Val Muni Inc.	0.01%	30,347	$305K	Add +2.7%
AMD Advanced Micro Devices	0.01%	2,147	$305K	Reduce -7.9%
MAS Masco Corp.	0.01%	4,400	$283K	No change
IVW iShares S&P 500 Growth ETF	0.01%	2,494	$275K	Add +0.1%
TMUS T-Mobile US Inc.	0.01%	1,143	$272K	Reduce -0.3%
ESML iShares ESG Aware MSCI USA S	0.01%	6,586	$272K	Add +4.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.01%	7,948	$269K	Reduce -8.6%
MWA Mueller Water Products Inc. Class A	0.01%	11,136	$268K	Reduce -8.2%
NOC Northrop Grumman Corp.	0.01%	529	$264K	Reduce -6.4%
GIS General Mills Inc.	0.01%	5,060	$262K	Reduce -3.4%
CL Colgate-Palmolive Co.	0.01%	2,882	$262K	Reduce -11.1%
PEG Public Service Enterprise GP	0.01%	3,106	$261K	Reduce -1.6%
SCHF Schwab Intl Equity ETF	0.01%	11,826	$261K	No change
WY Weyerhaeuser Co.	0.01%	10,127	$260K	Reduce -4.7%
UBER Uber Technologies Inc.	0.01%	2,762	$258K	No change
AMT American Tower Corp.	0.01%	1,145	$253K	Reduce -5.2%
VGIT Vanguard Intermediate-Term T	0.01%	4,211	$252K	No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.01%	3,435	$247K	Reduce -6.2%
VEEV Veeva Systems Inc. Class A	0.01%	856	$247K	New
VGK Vanguard Ftse Europe ETF	0.01%	3,165	$245K	New
SHEL Shell PLC-ADR	0.01%	3,459	$244K	Reduce -1.4%
TFC Truist Financial Corp.	0.01%	5,628	$242K	Reduce -49.0%
IYY iShares Dow Jones U.S. ETF	0.01%	1,570	$237K	No change
HEDJ Wisdomtree Europe Hedged Equ	0.01%	4,866	$234K	No change
GS Goldman Sachs Group Inc.	0.01%	325	$230K	Reduce -15.6%
GSK GSK PLC-Spon ADR	0.01%	5,987	$230K	Add +3.0%
EMN Eastman Chemical Co.	0.01%	3,069	$229K	No change
DRI Darden Restaurants Inc.	0.01%	1,051	$229K	No change
VRTX Vertex Pharmaceuticals Inc.	0.01%	514	$229K	No change
IWF iShares Russell 1000 Growth	0.01%	534	$227K	Reduce -17.5%
FSS Federal Signal Corp.	0.01%	2,075	$221K	New
JCI Johnson Controls Internation	0.01%	2,065	$218K	New
RSP Invesco S&P 500 Equal Weight	0.01%	1,187	$216K	New
COR Cencora Inc.	0.01%	715	$214K	Reduce -12.3%
MELI MercadoLibre Inc.	0.01%	81	$212K	New
KKR KKR & Co. Inc.	0.01%	1,560	$208K	New
CB Chubb Ltd.	0.01%	712	$206K	Reduce -11.2%
VYM Vanguard High DVD Yield ETF	0.01%	1,543	$206K	Reduce -4.5%
ICSH iShares Ultra Short Duration	0.01%	3,999	$203K	No change
LH Labcorp Holdings Inc.	0.01%	771	$202K	New
XLF SS Financial Select Sector	0.01%	3,861	$202K	Reduce -93.1%
IWX iShares Russell Top 200 Valu	0.01%	2,387	$201K	New
AGNC AGNC Investment Corp.	0.01%	14,805	$136K	Reduce -11.9%
FSCO FS Credit Opportunities Corp.	0.01%	15,872	$115K	Reduce -33.8%

Other holdings (1): bonds, preferreds, convertibles and warrants · $57K (not counted above)

Security	Class	Shares / Principal	Value	Change
KARYOPHARM THERAPEUTICS (KPTI 3 10/15/25)	NOTE 3.000%10/1 · principal	75,000	$57K	No change

Total filed on the 13F, all lines: $2.1B.

Portfolio Sells Q1 2025 → Q2 2025


AAPL Apple Inc.	Reduce -2.1%	2.97%	−0.61
TTWO Take-Two Interactive Softwre	Reduce -50.8%	0.31%	−0.28
CVX Chevron Corp.	Reduce -0.9%	0.85%	−0.24
IJR iShares Core S&P Small-Cap E	Reduce -2.2%	3.36%	−0.22
SCHM Schwab US Mid Cap ETF	Reduce -10.1%	1.64%	−0.21
ABBV Abbvie Inc.	Reduce -1.1%	0.76%	−0.18
PG The Procter & Gamble Co.	Reduce -0.4%	0.85%	−0.14
XLC SS Comm Select Sector SPDR	Reduce -85.9%	0.02%	−0.13
XLF SS Financial Select Sector	Reduce -93.1%	0.01%	−0.13
JNJ Johnson & Johnson	Reduce -7.5%	0.43%	−0.12
XLI SS Industrial Select Sector	Reduce -74.7%	0.04%	−0.11
MCD McDonald's Corp.	Reduce -2.3%	0.53%	−0.10
XLV SS Health Care Select Sector	Reduce -79.7%	0.02%	−0.10
XLK SS Technology Select Sector	Reduce -54.8%	0.10%	−0.10
XLE SS Energy Select Sector	Reduce -51.5%	0.06%	−0.09
V Visa Inc. Class A	Reduce -1.2%	1.03%	−0.09
SPYG SS SPDR P S&P 500 Growth ETF	Sold out	0.00%	−0.08
LMT Lockheed Martin Corp.	Reduce -58.3%	0.04%	−0.06
XOM Exxon Mobil Corp.	Reduce -0.8%	0.29%	−0.06
COST Costco Wholesale Corp.	Reduce -0.4%	1.16%	−0.05
MRK Merck & Co. Inc.	Reduce -2.9%	0.16%	−0.04
PEP Pepsico Inc.	Reduce -6.5%	0.13%	−0.04
XLRE SS Real Estate Select Sector	Reduce -66.1%	0.02%	−0.04
TJX TJX Companies Inc.	Reduce -0.1%	0.48%	−0.04
VTV Vanguard Mrngstr Val ETF-Aui	Reduce -0.7%	0.44%	−0.03
SYK Stryker Corp.	Reduce -1.9%	0.70%	−0.03
XLY SS Consumer Disc Select Sect	Sold out	0.00%	−0.03
BMY Bristol-Myers Squibb Co.	Reduce -13.0%	0.04%	−0.03
VCR Vanguard Consumer Discre ETF	Sold out	0.00%	−0.02
ADP Automatic Data Processing	Reduce -1.4%	0.25%	−0.02
SCHD Schwab US DVD Equity ETF	Reduce -5.7%	0.10%	−0.02
DUK Duke Energy Corp.	Reduce -3.7%	0.13%	−0.02
VZ Verizon Communications Inc.	Reduce -15.7%	0.06%	−0.02
LLY Eli Lilly & Co.	Reduce -2.9%	0.10%	−0.02
WTRG Essential Utilities Inc.	Reduce -3.0%	0.10%	−0.02
VFH Vanguard Financials ETF	Reduce -26.7%	0.04%	−0.02
ABT Abbott Laboratories	Reduce -1.5%	0.21%	−0.02
SPIB SS SPDR P Int C Corp. ETF	Reduce -13.0%	0.07%	−0.02
IAU iShares Gold Trust	Reduce -45.2%	0.02%	−0.02
PAYX Paychex Inc.	Reduce -3.2%	0.08%	−0.02
OEF iShares S&P 100 ETF	Reduce -37.8%	0.03%	−0.01
AEE Ameren Corporation	Sold out	0.00%	−0.01
VNQ Vanguard Real Estate ETF	Reduce -40.9%	0.02%	−0.01
TGT Target Corp.	Reduce -29.1%	0.02%	−0.01
PFE Pfizer Inc.	Reduce -10.6%	0.05%	−0.01
BSV Vanguard Short-Term Bond ETF	Reduce -0.5%	0.14%	−0.01
IGSB iShares 1-5Y Inv Grade Corp.	Sold out	0.00%	−0.01
SCHX Schwab US Large-Cap ETF	Sold out	0.00%	−0.01
TFC Truist Financial Corp.	Reduce -49.0%	0.01%	−0.01
BKNG Booking Holdings Inc.	Sold out	0.00%	−0.01

Portfolio Buys Q1 2025 → Q2 2025


VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +29.0%	2.13%	+0.47
IVV iShares Core S&P 500 ETF	Add +4.4%	7.20%	+0.40
GEV GE Vernova Inc.	Add +34.1%	0.75%	+0.40
META Meta Platforms Inc. Class A	Add +40.1%	0.73%	+0.29
NFLX Netflix Inc.	Add +193.8%	0.30%	+0.22
COF Capital One Financial Corp.	Add +72.2%	0.41%	+0.19
IEFA iShares Core MSCI Eafe ETF	Add +6.6%	1.96%	+0.15
VB Vanguard Most SM-Cap ETF-Usd	Add +13.3%	1.45%	+0.14
ANET Arista Networks Inc.	Add +2.8%	0.71%	+0.14
CDNS Cadence Design SYS Inc.	Add +4.2%	0.74%	+0.10
ITOT iShares Core S&P Total U.S.	Add +3.0%	2.25%	+0.10
PANW Palo Alto Networks Inc.	Add +1.0%	0.82%	+0.08
GOOGL Alphabet Inc. Class A	Add +2.0%	1.25%	+0.08
SPY SS SPDR S&P 500 ETF Trust-US	Add +5.3%	1.15%	+0.07
IEMG iShares Core MSCI Emerging	Add +2.4%	1.56%	+0.07
MPWR Monolithic Power Systems Inc.	Add +9.1%	0.31%	+0.07
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Add +108.8%	0.13%	+0.06
FANG Diamondback Energy Inc.	Add +64.7%	0.22%	+0.05
VWO Vanguard Ftse Emerging Marke	Add +0.3%	5.76%	+0.04
VTI VG Morningstar TS MKT ETF-US	Add +15.5%	0.18%	+0.03
VEU Vanguard Ftse All-World Ex-U	Add +1.4%	0.83%	+0.03
VWOB Vanguard Emerg MKTS Gov BND	Add +56.4%	0.07%	+0.02
JPST JPMorgan Ultra-Short Income	Add +32.3%	0.10%	+0.02
BND Vanguard Total Bond Market	New	0.02%	+0.02
GOOG Alphabet Inc. Class C	Add +17.8%	0.08%	+0.01
O Realty Income Corp.	Add +13.1%	0.41%	+0.01
VGK Vanguard Ftse Europe ETF	New	0.01%	+0.01
VEEV Veeva Systems Inc. Class A	New	0.01%	+0.01
VOO Vanguard S&P 500 ETF	Add +4.5%	0.18%	+0.01
FSS Federal Signal Corp.	New	0.01%	+0.01
JCI Johnson Controls Internation	New	0.01%	+0.01
RSP Invesco S&P 500 Equal Weight	New	0.01%	+0.01
MELI MercadoLibre Inc.	New	0.01%	+0.01
KKR KKR & Co. Inc.	New	0.01%	+0.01
LH Labcorp Holdings Inc.	New	0.01%	+0.01
IWX iShares Russell Top 200 Valu	New	0.01%	+0.01
CRWD CrowdStrike Holdings Inc. Class A	Add +18.7%	0.02%	+0.01
VXUS Vanguard Total Intl Stock	Add +14.0%	0.06%	+0.01
ESGD iShares Trust iShares ESG Aw	Add +52.5%	0.02%	+0.01
GLD SPDR Gold Shares	Add +23.3%	0.05%	+0.01
CSCO Cisco Systems Inc.	Add +2.0%	0.10%	+0.00
GLW Corning Inc.	Add +0.7%	0.07%	+0.00
BNDX Vanguard Total Intl Bond ETF	Add +10.5%	0.12%	+0.00
TOL Toll Brothers Inc.	Add +2.5%	0.19%	+0.00
SLV iShares Silver Trust	Add +21.2%	0.01%	+0.00
VBK Van Morst SML-Cap Gro-Usd Inc.	Add +2.8%	0.04%	+0.00
XLU St Sr Utl SL SE SPDR ETF-Usd	Add +13.4%	0.02%	+0.00
IVW iShares S&P 500 Growth ETF	Add +0.1%	0.01%	+0.00
XJH Ishare ESG SS S&P Midcap ETF	Add +6.5%	0.02%	+0.00
AMP Ameriprise Financial Inc.	Add +1.3%	0.03%	+0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	286	$2.7B	VEA, IVV, IJH, VWO, DJP
Q1 2026	272	$2.4B	VEA, IVV, IJH, VWO, DJP
Q4 2025	276	$2.4B	VEA, IVV, IJH, VWO, NVDA
Q3 2025	276	$2.3B	VEA, IVV, IJH, VWO, NVDA
Q2 2025	269	$2.1B	VEA, IVV, IJH, VWO, NVDA
Q1 2025	275	$2.0B	VEA, IVV, IJH, VWO, DJP
Q4 2024	269	$2.0B	VEA, IVV, IJH, VWO, IJR
Q3 2024	282	$2.0B	VEA, IVV, IJH, VWO, IJR
Q2 2024	275	$1.8B	VEA, IVV, IJH, IJR, VWO
Q1 2024	277	$1.8B	VEA, IVV, IJH, IJR, VWO