Cambridge Investment Research Advisors, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 30, 2026), Cambridge Investment Research Advisors, Inc. reported 3,907 stock positions worth $38.8 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 3.0% of the portfolio, followed by Apple (AAPL, 2.9%) and Nvidia (NVDA, 2.6%). Compared with Q4 2025, it opened 304 new positions, sold out of 196, added to 1,999 and reduced 1,514. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +21%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- FAIRFIELD, IA
- CIK
- 0001419186
- Portfolio Value
- $38.8B (Q1 2026)
- SEC Filing
- 0001419186-26-000003 ↗ filed Apr 30, 2026
Holdings Value
Holdings 3,907 stocks · $38.8B
| VOO Vanguard S&P 500 ETF | 2.98% | 1,935,246 | $1.2B | Add +1.6% |
| AAPL Apple Inc. | 2.87% | 4,385,052 | $1.1B | Add +0.2% |
| NVDA Nvidia Corp. | 2.55% | 5,674,949 | $989.7M | Add +3.1% |
| IVV iShares Core S&P 500 ETF | 2.03% | 1,202,937 | $785.8M | Add +20.6% |
| QQQ Invesco QQQ Trust Series 1 | 1.89% | 1,272,210 | $734.3M | Reduce -3.7% |
| VTI VG Morningstar TS MKT ETF-US | 1.76% | 2,131,861 | $683.9M | Add +2.5% |
| AMZN Amazon.com Inc. | 1.31% | 2,445,594 | $509.3M | Add +0.8% |
| VXUS Vanguard Total Intl Stock | 1.23% | 6,180,518 | $476.6M | Reduce -2.8% |
| MSFT Microsoft Corp. | 1.22% | 1,281,790 | $474.5M | Add +3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.08% | 643,723 | $418.6M | Reduce -7.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.92% | 741,877 | $355.5M | Reduce -5.8% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.84% | 7,634,516 | $324.8M | Add +8.2% |
| GOOGL Alphabet Inc. Class A | 0.74% | 1,004,911 | $289.0M | Add +3.1% |
| GOOG Alphabet Inc. Class C | 0.69% | 936,893 | $268.8M | Reduce -2.5% |
| GLD SPDR Gold Shares | 0.65% | 584,011 | $251.3M | Reduce -1.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.63% | 2,648,917 | $242.7M | Add +56.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.61% | 538,579 | $235.2M | Add +5.0% |
| VEA Vanguard Ftse Developed ETF | 0.57% | 3,462,023 | $221.8M | Add +10.7% |
| RDVY First Trust Rising Dividend | 0.57% | 3,230,196 | $220.6M | Add +19.3% |
| AVGO Broadcom Inc. | 0.55% | 690,788 | $213.8M | Add +2.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.52% | 1,028,947 | $201.9M | Add +8.7% |
| JPM JPMorgan Chase & Co. | 0.52% | 685,325 | $201.6M | Add +6.3% |
| SCHD Schwab US DVD Equity ETF | 0.52% | 6,543,313 | $200.7M | Add +2.7% |
| BND Vanguard Total Bond Market | 0.51% | 2,707,953 | $199.4M | Add +9.0% |
| COWZ Pacer US Cash Cows 100 ETF | 0.51% | 3,154,181 | $197.3M | Reduce -3.2% |
| META Meta Platforms Inc. Class A | 0.50% | 338,386 | $193.6M | Reduce -1.9% |
| XOM Exxon Mobil Corp. | 0.50% | 1,134,033 | $192.4M | Reduce -1.6% |
| TSLA Tesla Inc. | 0.47% | 494,824 | $184.0M | Reduce -0.6% |
| VIG Vanguard Dividend Apprec ETF | 0.47% | 854,916 | $183.9M | Reduce -0.6% |
| CGGR Cap Group Growth Equity | 0.47% | 4,557,813 | $183.2M | Add +4.5% |
| JPST JPMorgan Ultra-Short Income | 0.45% | 3,461,245 | $175.2M | Add +5.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.44% | 2,228,576 | $170.6M | Add +4.3% |
| WMT Walmart Inc. | 0.43% | 1,356,955 | $168.6M | Add +2.6% |
| VYM Vanguard High DVD Yield ETF | 0.42% | 1,090,112 | $161.4M | Reduce -0.0% |
| LLY Eli Lilly & Co. | 0.41% | 173,486 | $159.6M | Reduce -0.3% |
| PLTR Palantir Technologies Inc. Class A | 0.40% | 1,070,893 | $156.7M | Reduce -8.8% |
| XLK SS Technology Select Sector | 0.40% | 1,174,237 | $156.1M | Reduce -5.3% |
| CAT Caterpillar Inc. | 0.38% | 210,622 | $149.2M | Reduce -1.5% |
| AGG iShares Core U.S. Aggregate | 0.38% | 1,468,473 | $145.8M | Add +4.9% |
| RSP Invesco S&P 500 Equal Weight | 0.38% | 758,937 | $145.7M | Add +10.8% |
| BNDX Vanguard Total Intl Bond ETF | 0.37% | 3,013,127 | $144.8M | Add +11.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 1,559,760 | $141.2M | Add +28.4% |
| COST Costco Wholesale Corp. | 0.36% | 138,765 | $138.3M | Add +1.3% |
| IVW iShares S&P 500 Growth ETF | 0.33% | 1,139,627 | $128.9M | Add +1.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.32% | 1,336,870 | $124.0M | Reduce -5.8% |
| AIRR First Trust Rba American Ind | 0.31% | 1,096,735 | $121.5M | Add +10.6% |
| ABBV Abbvie Inc. | 0.31% | 552,320 | $120.1M | Add +1.3% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.31% | 3,126,028 | $120.1M | Add +13.2% |
| SPMO Invesco S&P 500 Momentum ETF | 0.31% | 1,063,931 | $119.3M | Add +19.7% |
| VGT Vanguard Info Tech ETF | 0.30% | 167,353 | $116.8M | Reduce -2.4% |
| JNJ Johnson & Johnson | 0.30% | 477,473 | $116.7M | Add +1.3% |
| V Visa Inc. Class A | 0.30% | 383,307 | $115.9M | Reduce -1.3% |
| IVE iShares S&P 500 Value ETF | 0.29% | 540,233 | $114.1M | Add +5.0% |
| CVX Chevron Corp. | 0.29% | 545,053 | $112.8M | Add +3.5% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.29% | 3,360,867 | $112.2M | Add +4.6% |
| BSV Vanguard Short-Term Bond ETF | 0.29% | 1,419,468 | $111.3M | Add +8.8% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.29% | 3,289,880 | $111.1M | Add +0.8% |
| PHYS Sprott Physical Gold Trust | 0.28% | 3,082,329 | $109.2M | Add +1.6% |
| PG The Procter & Gamble Co. | 0.28% | 740,096 | $106.9M | Add +0.7% |
| IJR iShares Core S&P Small-Cap E | 0.27% | 852,360 | $106.0M | Add +2.1% |
| JAAA Janus Henderson Aaa Clo ETF | 0.27% | 2,099,166 | $105.7M | Add +8.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.27% | 443,314 | $105.3M | Add +14.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.27% | 1,071,443 | $104.9M | Add +49.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 395,662 | $103.6M | Reduce -0.3% |
| IWM iShares Russell 2000 ETF | 0.27% | 415,225 | $103.0M | Add +37.1% |
| SDVY First Trust Smid Cap Rising | 0.26% | 2,597,783 | $102.4M | Add +10.5% |
| JEPI JPMorgan Equity Premium Inco | 0.26% | 1,778,164 | $100.8M | Reduce -6.1% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 1,424,309 | $96.2M | Add +24.2% |
| IEF iShares 7-10 Year Treasury B | 0.25% | 1,002,923 | $95.7M | Add +32.7% |
| IEMG iShares Core MSCI Emerging | 0.24% | 1,357,051 | $94.7M | Add +3.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.24% | 327,441 | $94.0M | Add +13.9% |
| ITOT iShares Core S&P Total U.S. | 0.24% | 656,705 | $93.5M | Reduce -1.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.24% | 272,439 | $92.1M | Add +2.3% |
| MINT PIMCO Enhanced Short Maturit | 0.23% | 902,383 | $90.8M | Add +16.3% |
| IWY iShares Russell Top 200 Grow | 0.23% | 359,804 | $89.5M | Add +2.9% |
| AMD Advanced Micro Devices | 0.23% | 437,382 | $89.0M | Add +5.5% |
| QUAL iShares MSCI USA Quality Fac | 0.23% | 461,725 | $88.6M | Reduce -9.3% |
| VXF Vanguard Extended Market ETF | 0.23% | 427,043 | $87.9M | Reduce -1.1% |
| IWF iShares Russell 1000 Growth | 0.22% | 203,878 | $86.9M | Reduce -0.9% |
| PVAL Putnam Focused LRG Cap Value | 0.22% | 1,860,587 | $86.3M | Add +18.4% |
| IAU iShares Gold Trust | 0.22% | 960,561 | $84.7M | Reduce -5.2% |
| SCHG Schwab US Large-Cap Growth | 0.22% | 2,896,945 | $84.4M | Reduce -10.4% |
| VCIT Vanguard Int-Term Corporate | 0.21% | 1,000,858 | $82.8M | Add +12.1% |
| FTCS First Trust Capital Strength | 0.21% | 891,983 | $82.7M | Reduce -9.0% |
| TLT iShares 20+ Year Treasury BD | 0.21% | 952,050 | $82.5M | Reduce -3.2% |
| GSY Invesco Ultra Short Duration | 0.21% | 1,630,141 | $81.7M | Add +6.5% |
| BIV Vanguard Intermediate-Term B | 0.21% | 1,050,401 | $81.1M | Add +12.4% |
| NFLX Netflix Inc. | 0.21% | 836,545 | $80.4M | Reduce -2.0% |
| HD Home Depot Inc. | 0.21% | 243,045 | $79.9M | Reduce -2.4% |
| T AT&T Inc. | 0.21% | 2,745,169 | $79.6M | Add +8.8% |
| FBND Fidelity Total Bond ETF | 0.20% | 1,736,248 | $79.2M | Add +6.4% |
| CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED | 0.20% | 2,295,214 | $79.0M | Add +1.9% |
| VZ Verizon Communications Inc. | 0.20% | 1,566,220 | $78.6M | Add +4.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 323,805 | $78.5M | Reduce -0.1% |
| DGRO iShares Core Dividend Growth | 0.20% | 1,106,092 | $77.6M | Add +4.1% |
| XLE SS Energy Select Sector | 0.20% | 1,265,520 | $77.5M | Add +16.4% |
| IXUS iShares Core Intl Stock ETF | 0.20% | 894,681 | $77.5M | Add +17.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.20% | 1,324,046 | $77.0M | Reduce -4.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.19% | 1,621,133 | $74.9M | Add +8.2% |
| SMH Vaneck Semiconductor ETF | 0.19% | 193,697 | $74.3M | Reduce -7.7% |
Other holdings (17): bonds, preferreds, convertibles and warrants · $12.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,508 | $4.1M | Add +1.4% |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | 53,872 | $2.8M | Add +23.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 1,318 | $1.6M | Add +0.4% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 16,997 | $1.2M | Reduce -2.9% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 16,874 | $945K | Add +8.7% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 21,398 | $516K | Reduce -1.4% |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 32,050 | $371K | New |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | 6,213 | $280K | New |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | 4,900 | $252K | New |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 4,739 | $203K | New |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 20,208 | $46K | Reduce -8.2% |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | 550,570 | $4K | Reduce -2.0% |
| RVSNW Rail Vision Ltd.-CW27 | *W EXP 03/27/202 | 58,490 | $2K | Reduce -56.0% |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | 91,907 | $1K | Add +17.9% |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | 10,252 | $0 | New |
| TALKW Hudson Executive Inv -CW25 | *W EXP 06/21/202 | 10,550 | $0 | No change |
| SMXWW SMX Security Matters PLC-28 | *W EXP 03/07/202 | 10,000 | $0 | No change |
Total filed on the 13F, all lines: $38.8B.
Portfolio Sells Q4 2025 → Q1 2026
| QQQ Invesco QQQ Trust Series 1 | Reduce -3.7% | 1.89% | −0.25 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -7.5% | 1.08% | −0.17 |
| PLTR Palantir Technologies Inc. Class A | Reduce -8.8% | 0.40% | −0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.8% | 0.92% | −0.13 |
| TSLA Tesla Inc. | Reduce -0.6% | 0.47% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -2.5% | 0.69% | −0.10 |
| META Meta Platforms Inc. Class A | Reduce -1.9% | 0.50% | −0.10 |
| OEF iShares S&P 100 ETF | Reduce -57.9% | 0.06% | −0.09 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 0.41% | −0.08 |
| XLK SS Technology Select Sector | Reduce -5.3% | 0.40% | −0.07 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -78.5% | 0.02% | −0.07 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -72.0% | 0.02% | −0.06 |
| V Visa Inc. Class A | Reduce -1.3% | 0.30% | −0.06 |
| SCHG Schwab US Large-Cap Growth | Reduce -10.4% | 0.22% | −0.06 |
| AKRE Akre Focus ETF | Reduce -11.1% | 0.13% | −0.06 |
| VHT Vanguard Health Care ETF | Reduce -29.8% | 0.10% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -0.1% | 0.20% | −0.05 |
| IYW iShares Ustechnology ETF | Reduce -33.2% | 0.06% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -20.6% | 0.15% | −0.04 |
| HELO JPMorgan Hedged Equity ETF | Reduce -34.0% | 0.07% | −0.04 |
| HUSV FT Horizon MNGD Vol Dom ETF | Reduce -88.2% | 0.01% | −0.04 |
| VGT Vanguard Info Tech ETF | Reduce -2.4% | 0.30% | −0.04 |
| VXUS Vanguard Total Intl Stock | Reduce -2.8% | 1.23% | −0.04 |
| VFLO Victoryshares Free Cash Flow | Reduce -40.9% | 0.05% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -9.3% | 0.23% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -19.9% | 0.14% | −0.04 |
| GDX Vaneck Gold Miners ETF | Reduce -32.3% | 0.09% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -4.2% | 0.16% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -5.8% | 0.32% | −0.03 |
| BBJP JPMorgan Betabuilders Japan | Reduce -96.5% | 0.00% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -0.9% | 0.22% | −0.03 |
| VOOG Vanguard S&P 500 Growth ETF | Reduce -18.9% | 0.08% | −0.03 |
| XLF SS Financial Select Sector | Reduce -6.5% | 0.14% | −0.03 |
| ABT Abbott Laboratories | Reduce -8.7% | 0.08% | −0.03 |
| ADBE Adobe Inc. | Reduce -24.5% | 0.03% | −0.03 |
| UTES Virtus Reaves Utilities ETF | Reduce -45.2% | 0.03% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -26.4% | 0.07% | −0.03 |
| IUSG iShares Core S&P U.S. Growth | Reduce -19.2% | 0.07% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -6.1% | 0.26% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -21.7% | 0.05% | −0.03 |
| FTCS First Trust Capital Strength | Reduce -9.0% | 0.21% | −0.03 |
| AXP American Express Co. | Reduce -2.4% | 0.09% | −0.03 |
| FTGS First Trust Grwth Strgth ETF | Reduce -20.0% | 0.08% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.6% | 0.47% | −0.03 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -4.7% | 0.16% | −0.02 |
| CEG Constellation Energy | Reduce -0.6% | 0.08% | −0.02 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -2.0% | 0.12% | −0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -4.3% | 0.20% | −0.02 |
| USFR Wisdomtree Floating Rate Tre | Reduce -15.1% | 0.12% | −0.02 |
| SHOP Shopify Inc. Class A | Reduce -3.2% | 0.05% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| IVV iShares Core S&P 500 ETF | Add +20.6% | 2.03% | +0.22 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +56.2% | 0.63% | +0.22 |
| HECA Hedgeye Capital Allocat ETF | New | 0.11% | +0.11 |
| ONEY SS SPDR R1000 Yield Foc ETF | Add +364.7% | 0.11% | +0.08 |
| SCUS Schwab Ultra-Short Inc. ETF | New | 0.08% | +0.08 |
| CVX Chevron Corp. | Add +3.5% | 0.29% | +0.08 |
| TIP iShares Tips Bond ETF | Add +185.8% | 0.12% | +0.08 |
| IEFA iShares Core MSCI Eafe ETF | Add +28.4% | 0.36% | +0.08 |
| XLE SS Energy Select Sector | Add +16.4% | 0.20% | +0.07 |
| RDVY First Trust Rising Dividend | Add +19.3% | 0.57% | +0.07 |
| AMLP Alerian MLP ETF | Add +166.8% | 0.11% | +0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +49.6% | 0.27% | +0.07 |
| IWM iShares Russell 2000 ETF | Add +37.1% | 0.27% | +0.07 |
| SFLR Innovator Eqty MGD Floor ETF | Add +640.8% | 0.07% | +0.06 |
| IVLU iShares MSCI International V | Add +786.6% | 0.07% | +0.06 |
| GRID First TRST Nasd Class Edg Sgiif | Add +59.2% | 0.14% | +0.06 |
| PYLD PIMCO Multisector Bond Actv | Add +85.0% | 0.13% | +0.06 |
| SCHD Schwab US DVD Equity ETF | Add +2.7% | 0.52% | +0.06 |
| AIRR First Trust Rba American Ind | Add +10.6% | 0.31% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +10.7% | 0.57% | +0.06 |
| YNOT Horizon Digital Frontier ETF | New | 0.06% | +0.06 |
| IEF iShares 7-10 Year Treasury B | Add +32.7% | 0.25% | +0.05 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +246.8% | 0.07% | +0.05 |
| GEV GE Vernova Inc. | Add +14.0% | 0.16% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +24.2% | 0.25% | +0.05 |
| EFG iShares MSCI Eafe Growth ETF | Add +139.4% | 0.08% | +0.05 |
| WMT Walmart Inc. | Add +2.6% | 0.43% | +0.05 |
| AVDE Avantis International Equity | Add +55.0% | 0.13% | +0.05 |
| COST Costco Wholesale Corp. | Add +1.3% | 0.36% | +0.04 |
| JNJ Johnson & Johnson | Add +1.3% | 0.30% | +0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +8.7% | 0.52% | +0.04 |
| DFCF Dimensional Core Fixed Inc. | Add +154.7% | 0.07% | +0.04 |
| VZ Verizon Communications Inc. | Add +4.2% | 0.20% | +0.04 |
| T AT&T Inc. | Add +8.8% | 0.21% | +0.04 |
| GOVT iShares US Treasury Bond ETF | Add +63.0% | 0.10% | +0.04 |
| MU Micron Technology Inc. | Add +8.8% | 0.19% | +0.04 |
| GLW Corning Inc. | Add +3.2% | 0.11% | +0.04 |
| FENI Fidelity Enhanced Intl ETF | Add +62.7% | 0.10% | +0.04 |
| BLCR iShares LRG CP CR Act ETF-Ui | New | 0.04% | +0.04 |
| JIVE JPM Interntl Value ETF | Add +94.4% | 0.07% | +0.03 |
| IDEF Ishars Def Ind TC Ac ETF-Ui | Add +651.3% | 0.04% | +0.03 |
| PVAL Putnam Focused LRG Cap Value | Add +18.4% | 0.22% | +0.03 |
| PAAA Pgim Aaa Clo ETF | Add +92.1% | 0.07% | +0.03 |
| AMAT Applied Materials Inc. | Add +3.2% | 0.13% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +9.9% | 0.08% | +0.03 |
| VGSH Vanguard Short-Term Treasury | Add +62.1% | 0.08% | +0.03 |
| LMT Lockheed Martin Corp. | Add +5.4% | 0.13% | +0.03 |
| IXUS iShares Core Intl Stock ETF | Add +17.4% | 0.20% | +0.03 |
| PSLV Sprott Physical Silver Trust | Add +39.3% | 0.10% | +0.03 |
| RSP Invesco S&P 500 Equal Weight | Add +10.8% | 0.38% | +0.03 |
Notes & Other Activity Q4 2025 → Q1 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.4% | 3,508 | $4.1M |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Add +23.0% | 53,872 | $2.8M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +0.4% | 1,318 | $1.6M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Reduce -2.9% | 16,997 | $1.2M |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Add +8.7% | 16,874 | $945K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -1.4% | 21,398 | $516K |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | New | 32,050 | $371K |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D | New | 6,213 | $280K |
| SOUTHERN CO (SO 7.125 12/15/28 A) | UNIT 12/15/2028 | New | 4,900 | $252K |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Sold out | 5,160 | $207Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | New | 4,739 | $203K |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Reduce -8.2% | 20,208 | $46K |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Reduce -2.0% | 550,570 | $4K |
| RVSNW Rail Vision Ltd.-CW27 | *W EXP 03/27/202 | Reduce -56.0% | 58,490 | $2K |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | Add +17.9% | 91,907 | $1K |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | New | 10,252 | $0 |
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 | 4,028 | $44.6B | VOO, AAPL, NVDA, QQQ, IVV |
| Q1 2026 | 3,907 | $38.8B | VOO, AAPL, NVDA, IVV, QQQ |
| Q4 2025 | 3,801 | $37.8B | VOO, AAPL, NVDA, QQQ, VTI |
| Q3 2025 | 3,703 | $36.4B | VOO, AAPL, NVDA, QQQ, VTI |
| Q2 2025 | 3,597 | $32.9B | VOO, AAPL, NVDA, QQQ, VTI |
| Q1 2025 | 3,483 | $29.6B | AAPL, VOO, QQQ, NVDA, IVV |
| Q4 2024 | 3,447 | $29.9B | AAPL, VOO, NVDA, QQQ, IVV |
| Q3 2024 | 3,397 | $29.4B | AAPL, VOO, NVDA, QQQ, IVV |
| Q2 2024 | 3,300 | $27.0B | AAPL, VOO, NVDA, QQQ, IVV |
| Q1 2024 | 3,292 | $26.0B | VOO, AAPL, QQQ, IVV, NVDA |