Checchi Capital Advisers, LLC

Name: Checchi Capital Advisers, LLC 13F holdings, Q1 2025
Creator: Checchi Capital Advisers, LLC
Published: 2025-04-29

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

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Checchi Capital Advisers, LLC reported 578 stock positions worth $1.4 billion. Its top holding was Apple (AAPL) at 3.0% of the portfolio, followed by SS SPDR BB Intl Treasury BD (BWX, 2.5%) and Microsoft (MSFT, 2.4%). Compared with Q4 2024, it opened 32 new positions, sold out of 13, added to 405 and reduced 119. The biggest buy was iShares MBS ETF (MBB, shares +219%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −92%).

Most Recent 13F: Q2 2026
Location: BEVERLY HILLS, CA
CIK: 0001598186
Portfolio Value: $1.4B (Q1 2025)
SEC Filing: 0001085146-25-002398 ↗ filed Apr 29, 2025

Holdings Value

Holdings 578 stocks · $1.4B


AAPL Apple Inc.	3.01%	191,279	$42.5M	Add +2.8%
BWX SS SPDR BB Intl Treasury BD	2.49%	1,610,568	$35.2M	Add +14.9%
MSFT Microsoft Corp.	2.38%	89,426	$33.6M	Add +1.5%
IBND SS SPDR BB Intl Corp. BD ETF	2.37%	1,136,116	$33.5M	Add +89.0%
MBB iShares MBS ETF	2.33%	350,649	$32.9M	Add +218.6%
IAU iShares Gold Trust	1.83%	437,788	$25.8M	Reduce -7.2%
SPTL SS SPDR PF LNG TRM TSY E-Usd	1.80%	932,542	$25.4M	Add +7.5%
NVDA Nvidia Corp.	1.73%	226,029	$24.5M	Reduce -0.7%
LEMB iShares JP Morgan Em Local C	1.71%	643,878	$24.1M	Add +3.6%
IGOV iShares International Treasu	1.70%	609,254	$24.0M	Add +7.7%
JNK SS SPDR BB High Yield Bond	1.63%	241,291	$23.0M	Add +23.6%
EMB iShares JP Morgan Usd Emergi	1.61%	251,058	$22.7M	Add +17.0%
IEI iShares 3-7 Year Treasury Bo	1.46%	174,832	$20.7M	Add +136.8%
GLD SPDR Gold Shares	1.44%	70,830	$20.4M	Reduce -0.9%
EMLC Vaneck JPM Em Local Curr BND	1.40%	827,390	$19.7M	Add +17.9%
PICB Invesco International Corpor	1.35%	859,926	$19.1M	Add +13.7%
BWZ State Street SPDR Bloomberg	1.30%	697,614	$18.3M	Reduce -1.0%
IEV iShares Europe ETF	1.27%	307,565	$17.9M	Add +434.6%
EFV iShares MSCI Eafe Value ETF	1.26%	301,229	$17.8M	Add +1.1%
EEM iShares MSCI Emerging Market	1.25%	403,548	$17.6M	Add +0.0%
VWO Vanguard Ftse Emerging Marke	1.22%	381,639	$17.3M	Add +4.4%
VWOB Vanguard Emerg MKTS Gov BND	1.16%	254,909	$16.4M	Add +31.6%
PGX Invesco Preferred ETF	1.11%	1,393,688	$15.6M	Add +20.9%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	1.09%	195,346	$15.4M	Add +26.4%
AMZN Amazon.com Inc.	1.08%	80,347	$15.3M	Add +1.0%
AMLP Alerian MLP ETF	1.07%	291,331	$15.1M	Add +21.2%
ISHG iShares -3 Year Internationa	1.01%	202,515	$14.3M	Reduce -2.6%
VGLT Vanguard Long-Term Treasury	1.00%	245,456	$14.1M	Add +6.3%
TLT iShares 20+ Year Treasury BD	0.98%	151,902	$13.8M	Add +75.5%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.96%	73,052	$13.6M	Reduce -12.0%
VCIT Vanguard Int-Term Corporate	0.96%	165,877	$13.6M	Add +21.4%
SCZ iShares MSCI Eafe Small-Cap	0.90%	201,275	$12.8M	Reduce -6.0%
VCLT Vanguard Long-Term Corp. Bond	0.88%	164,580	$12.5M	Add +316.5%
EFG iShares MSCI Eafe Growth ETF	0.85%	120,821	$12.1M	Add +2.4%
TSLA Tesla Inc.	0.77%	41,747	$10.8M	Reduce -3.7%
VCSH Vanguard S/T Corp. Bond ETF	0.76%	135,187	$10.7M	Add +6.5%
EFA iShares MSCI Eafe ETF	0.75%	128,941	$10.5M	Reduce -0.9%
META Meta Platforms Inc. Class A	0.73%	17,897	$10.3M	Reduce -1.3%
EEMS iShares MSCI Emerging MKT SM	0.71%	180,555	$10.0M	Add +7.4%
IEMG iShares Core MSCI Emerging	0.70%	182,899	$9.9M	Add +0.6%
UNH Unitedhealth Group Inc.	0.66%	17,693	$9.3M	Add +1.6%
COST Costco Wholesale Corp.	0.65%	9,712	$9.2M	Add +1.1%
LLY Eli Lilly & Co.	0.65%	11,059	$9.1M	Add +2.9%
BRK.B Berkshire Hathaway Inc. Class B	0.64%	17,078	$9.1M	Add +1.1%
DGS Wisdomtree Em Small Cap	0.61%	178,653	$8.6M	Add +2.3%
JPM JPMorgan Chase & Co.	0.60%	34,557	$8.5M	Reduce -0.7%
DLS Wisdomtree Intl S/C DVD Fund	0.59%	125,934	$8.3M	Reduce -0.0%
VSS Vanguard Ftse All Wo X-US SC	0.58%	71,040	$8.2M	Add +0.1%
VNQ Vanguard Real Estate ETF	0.57%	89,536	$8.1M	Reduce -10.0%
AVGO Broadcom Inc.	0.56%	46,895	$7.9M	Add +0.6%
GOOG Alphabet Inc. Class C	0.55%	49,996	$7.8M	Add +1.8%
GOOGL Alphabet Inc. Class A	0.54%	49,237	$7.6M	Add +2.2%
SPMB SS SPDR P Mort Back Bond ETF	0.50%	320,409	$7.1M	Reduce -0.1%
EWJ iShares MSCI Japan ETF	0.48%	98,093	$6.7M	New
IGIB iShares 5-10Y Inv Grade Corp.	0.46%	123,728	$6.5M	Reduce -2.4%
INDA iShares MSCI India ETF	0.45%	124,407	$6.4M	Add +21.9%
SHY iShares 1-3 Year Treasury Bo	0.43%	74,320	$6.1M	Add +4.9%
GS Goldman Sachs Group Inc.	0.42%	10,965	$6.0M	Add +0.6%
V Visa Inc. Class A	0.40%	16,218	$5.7M	Add +2.5%
VEA Vanguard Ftse Developed ETF	0.40%	111,657	$5.7M	Add +0.4%
KSA Ishrs MSCI Saudi Arabia ETF	0.38%	129,241	$5.3M	Add +4.1%
XOM Exxon Mobil Corp.	0.38%	44,950	$5.3M	Add +3.0%
VGIT Vanguard Intermediate-Term T	0.38%	89,747	$5.3M	Add +7.0%
AVDV Avantis Intl S/C Value ETF	0.37%	75,979	$5.3M	Add +14.8%
WMT Walmart Inc.	0.36%	58,394	$5.1M	Add +4.7%
JNJ Johnson & Johnson	0.36%	30,837	$5.1M	Add +2.1%
ABBV Abbvie Inc.	0.35%	23,847	$5.0M	Add +2.1%
VUG Vanguard Mrngstar GR ETF-Sui	0.35%	13,198	$4.9M	Reduce -92.1%
MA Mastercard Inc. Class A	0.34%	8,869	$4.9M	Add +2.6%
CRM Salesforce Inc.	0.33%	17,331	$4.7M	Add +3.1%
PFF iShares Preferred & Income S	0.33%	150,932	$4.6M	Add +15.1%
PG The Procter & Gamble Co.	0.33%	27,060	$4.6M	Add +2.5%
ORCL Oracle Corp.	0.31%	31,390	$4.4M	Add +2.7%
IEF iShares 7-10 Year Treasury B	0.31%	45,536	$4.3M	Add +293.8%
APO Apollo Global Management Inc.	0.30%	31,187	$4.3M	Reduce -25.9%
HD Home Depot Inc.	0.30%	11,616	$4.3M	Add +1.2%
USIG iShares Broad Usd Investment	0.30%	82,415	$4.2M	Reduce -1.4%
MGV Vngrd Mrgstr MG CP VL ETF-Ui	0.28%	31,062	$4.0M	Add +0.8%
WFC Wells Fargo & Co.	0.28%	55,495	$4.0M	Add +2.2%
VGK Vanguard Ftse Europe ETF	0.27%	54,697	$3.8M	Add +1366.8%
KO The Coca-Cola Co.	0.27%	53,203	$3.8M	Add +3.1%
IVOO Vanguard S&P Mid-Cap 400 ETF	0.27%	38,190	$3.8M	Add +12.0%
CVX Chevron Corp.	0.26%	22,227	$3.7M	Add +4.5%
SCJ iShares MSCI Japan Small-Cap	0.26%	48,302	$3.7M	New
VMBS Vanguard Mortgage-Backed Sec	0.26%	79,346	$3.7M	Add +4.3%
NFLX Netflix Inc.	0.25%	3,799	$3.5M	Add +1.7%
EPP iShares MSCI Pacific Ex Japa	0.25%	80,174	$3.5M	Add +1118.3%
EWC iShares MSCI Canada ETF	0.25%	86,205	$3.5M	New
VGSH Vanguard Short-Term Treasury	0.25%	59,574	$3.5M	Add +4.8%
TBLA Taboola.com Ltd.	0.25%	1,178,014	$3.5M	Reduce -6.0%
EWX State Street SPDR S&P Emergi	0.25%	61,365	$3.5M	Add +11.9%
VB Vanguard Most SM-Cap ETF-Usd	0.24%	15,577	$3.5M	Reduce -10.5%
IYR iShares US Real Estate ETF	0.24%	35,383	$3.4M	Reduce -9.2%
EWT iShares MSCI Taiwan ETF	0.24%	70,235	$3.3M	Add +23.8%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.23%	10,506	$3.2M	Reduce -35.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.23%	77,089	$3.2M	Add +4.1%
IWB iShares Russell 1000 ETF	0.22%	10,363	$3.2M	Add +4.3%
MCD McDonald's Corp.	0.22%	10,035	$3.1M	Add +1.5%
SPY SS SPDR S&P 500 ETF Trust-US	0.22%	5,493	$3.1M	Add +1.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.20%	11,756	$2.9M	Reduce -62.5%
CSCO Cisco Systems Inc.	0.20%	46,068	$2.8M	Add +2.7%
INTU Intuit Inc.	0.19%	4,477	$2.7M	Add +2.9%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.19%	16,958	$2.7M	Reduce -23.5%
PM Philip Morris International	0.19%	17,108	$2.7M	Add +2.1%
IGLB iShares 10+ Year Inv GR Corp.	0.19%	53,375	$2.7M	Add +0.3%
MUB iShares National Muni Bond E	0.18%	24,563	$2.6M	Add +34.3%
MRK Merck & Co. Inc.	0.18%	27,697	$2.5M	Reduce -0.3%
IWN iShares Russell 2000 Value E	0.18%	16,420	$2.5M	Reduce -4.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.17%	9,805	$2.4M	Add +4.6%
QCOM Qualcomm Inc.	0.17%	15,557	$2.4M	Add +3.0%
BKNG Booking Holdings Inc.	0.17%	510	$2.3M	Add +2.0%
IGSB iShares 1-5Y Inv Grade Corp.	0.17%	44,829	$2.3M	Reduce -7.3%
VGT Vanguard Info Tech ETF	0.16%	4,263	$2.3M	Reduce -13.6%
KKR KKR & Co. Inc.	0.16%	19,427	$2.2M	Add +2.1%
AMGN Amgen Inc.	0.15%	6,934	$2.2M	Add +3.5%
ABT Abbott Laboratories	0.15%	16,271	$2.2M	Add +2.4%
LOW Lowe's Cos Inc.	0.15%	9,247	$2.2M	Add +1.2%
PLD Prologis Inc.	0.15%	18,882	$2.1M	Add +19.2%
PEP Pepsico Inc.	0.15%	14,001	$2.1M	Add +2.6%
LMT Lockheed Martin Corp.	0.15%	4,654	$2.1M	Add +2.4%
ACN Accenture PLC Class A	0.15%	6,650	$2.1M	Add +2.1%
CAT Caterpillar Inc.	0.15%	6,277	$2.1M	Add +1.9%
TMUS T-Mobile US Inc.	0.15%	7,733	$2.1M	Add +6.6%
TXN Texas Instruments Inc.	0.14%	11,379	$2.0M	Add +3.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.14%	16,726	$2.0M	Add +1.2%
BLK BlackRock Inc.	0.14%	2,148	$2.0M	Add +0.7%
NVS Novartis AG-Sponsored ADR	0.14%	18,215	$2.0M	Add +5.2%
RTX RTX Corp.	0.14%	15,148	$2.0M	Add +3.3%
MS Morgan Stanley	0.14%	16,744	$2.0M	Add +1.7%
TSM Taiwan Semiconductor-SP ADR	0.13%	11,181	$1.9M	Reduce -0.7%
ADP Automatic Data Processing	0.13%	6,027	$1.8M	Add +1.6%
TM Toyota Motor Corp. -Spon ADR	0.13%	10,280	$1.8M	Add +5.8%
PGR Progressive Corp.	0.13%	6,370	$1.8M	Add +1.9%
HON Honeywell International Inc.	0.13%	8,512	$1.8M	Reduce -1.8%
NVO Novo-Nordisk A/S-Spons ADR	0.13%	25,950	$1.8M	Add +2.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.12%	17,600	$1.7M	Add +3.0%
SHEL Shell PLC-ADR	0.12%	23,699	$1.7M	Add +1.2%
NOC Northrop Grumman Corp.	0.12%	3,343	$1.7M	Add +1.6%
AXP American Express Co.	0.12%	6,310	$1.7M	Reduce -5.2%
SAP Sap SE-Sponsored ADR	0.12%	6,296	$1.7M	Add +8.0%
WELL Welltower Inc.	0.12%	11,003	$1.7M	Add +19.5%
NEE Nextera Energy Inc.	0.12%	23,098	$1.6M	Add +4.3%
AMT American Tower Corp.	0.11%	7,455	$1.6M	Add +23.2%
TMO Thermo Fisher Scientific Inc.	0.11%	3,247	$1.6M	Add +2.7%
CCI Crown Castle Inc.	0.11%	15,444	$1.6M	Add +11.6%
COP Conocophillips	0.11%	15,215	$1.6M	Add +5.2%
EWY iShares MSCI South Korea ETF	0.11%	29,342	$1.6M	Add +49.8%
MRSH Marsh & McLennan Cos	0.11%	6,444	$1.6M	Add +1.5%
SPGI S&P Global Inc.	0.11%	3,087	$1.6M	Add +1.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.11%	6,050	$1.6M	Reduce -0.4%
AZN Astrazeneca PLC-Spons ADR	0.11%	21,176	$1.6M	Add +5.4%
T AT&T Inc.	0.11%	54,528	$1.5M	Add +6.0%
WM Waste Management Inc.	0.11%	6,656	$1.5M	Reduce -1.6%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC	0.11%	26,706	$1.5M	Add +6.7%
SYK Stryker Corp.	0.11%	4,066	$1.5M	Add +1.0%
LIN Linde PLC	0.11%	3,225	$1.5M	Add +5.7%
GE General Electric filed as GE AEROSPACE	0.10%	7,396	$1.5M	Add +8.9%
ISRG Intuitive Surgical Inc.	0.10%	2,976	$1.5M	Add +1.3%
ADBE Adobe Inc.	0.10%	3,798	$1.5M	Add +2.1%
DE Deere & Co.	0.10%	3,016	$1.4M	Add +2.1%
CME Cme Group Inc.	0.10%	5,335	$1.4M	Add +3.1%
UNP Union Pacific Corp.	0.10%	5,982	$1.4M	Add +3.4%
VZ Verizon Communications Inc.	0.10%	31,141	$1.4M	Add +9.3%
MPC Marathon Petroleum Corp.	0.10%	9,648	$1.4M	Add +0.1%
WMB Williams Cos Inc.	0.10%	23,506	$1.4M	Add +3.0%
ETN Eaton Corp. PLC	0.10%	5,071	$1.4M	Add +0.7%
LRCX Lam Research Corp.	0.10%	18,782	$1.4M	Add +2.0%
CTAS Cintas Corp.	0.10%	6,626	$1.4M	Add +1.0%
CMCSA Comcast Corp. Class A	0.09%	35,949	$1.3M	Reduce -3.7%
VIS Vanguard Industrials ETF	0.09%	5,322	$1.3M	Add +4.1%
TLH iShares 10-20 Year Treasury	0.09%	12,594	$1.3M	Add +84.3%
TDG Transdigm Group Inc.	0.09%	929	$1.3M	Add +1.9%
SO The Southern Co.	0.09%	13,962	$1.3M	Add +3.5%
QQQ Invesco QQQ Trust Series 1	0.09%	2,733	$1.3M	Add +9.5%
ADI Analog Devices Inc.	0.09%	6,252	$1.3M	Add +0.7%
DHR Danaher Corp.	0.09%	6,098	$1.3M	Add +1.1%
GILD Gilead Sciences Inc.	0.09%	11,109	$1.2M	Add +5.2%
NOW ServiceNow Inc.	0.09%	1,551	$1.2M	Add +4.7%
EQIX Equinix Inc.	0.09%	1,514	$1.2M	Add +23.7%
LYV Live Nation Entertainment Inc.	0.09%	9,390	$1.2M	Reduce -0.3%
ASML ASML Holding NV-NY Reg SHS	0.09%	1,820	$1.2M	Add +0.2%
SBUX Starbucks Corp.	0.08%	12,202	$1.2M	Add +3.5%
CI The Cigna Group	0.08%	3,635	$1.2M	Add +4.4%
KLAC KLA Corp.	0.08%	1,758	$1.2M	Add +2.4%
TTE Totalenergies SE -Spon ADR	0.08%	18,462	$1.2M	Add +6.8%
ELV Elevance Health Inc.	0.08%	2,737	$1.2M	Add +1.0%
GD General Dynamics Corp.	0.08%	4,362	$1.2M	Add +0.2%
BSX Boston Scientific Corp.	0.08%	11,729	$1.2M	Add +1.1%
SHW The Sherwin-Williams Co.	0.08%	3,345	$1.2M	Add +0.6%
ITW Illinois Tool Works	0.08%	4,658	$1.2M	Add +3.6%
DUK Duke Energy Corp.	0.08%	9,450	$1.2M	Add +4.6%
C Citigroup Inc.	0.08%	16,200	$1.2M	Add +5.3%
UL Unilever PLC	0.08%	19,244	$1.1M	Add +8.6%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.08%	20,934	$1.1M	Add +0.5%
SCHW Schwab (charles) Corp.	0.08%	14,588	$1.1M	Add +2.6%
AMAT Applied Materials Inc.	0.08%	7,849	$1.1M	Add +1.9%
CB Chubb Ltd.	0.08%	3,746	$1.1M	Reduce -0.0%
VTWO Vanguard Russell 2000 ETF	0.08%	13,981	$1.1M	Add +13.1%
MDLZ Mondelez International Inc. Class A	0.08%	15,959	$1.1M	Add +1.0%
AGL Agilon Health Inc.	0.08%	250,000	$1.1M	Reduce -7.7%
SPG Simon Property Group Inc.	0.07%	6,341	$1.1M	Add +14.0%
MUFG Mitsubishi Ufj Finl-Spon ADR	0.07%	76,563	$1.0M	Add +6.9%
PHM Pultegroup Inc.	0.07%	10,106	$1.0M	Reduce -0.1%
BA The Boeing Co.	0.07%	6,088	$1.0M	Reduce -11.6%
ICE Intercontinental Exchange Inc.	0.07%	6,013	$1.0M	Add +0.6%
ORLY O'reilly Automotive Inc.	0.07%	706	$1.0M	Reduce -0.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.07%	2,899	$1.0M	Add +1.1%
MSI Motorola Solutions Inc.	0.07%	2,255	$987K	Add +3.2%
EMR Emerson Electric Co.	0.07%	8,950	$981K	No change
VTV Vanguard Mrngstr Val ETF-Aui	0.07%	5,619	$971K	Add +2.3%
AZO AutoZone Inc.	0.07%	254	$968K	Reduce -1.2%
OKE Oneok Inc.	0.07%	9,739	$966K	Add +4.0%
MO Altria Group Inc.	0.07%	15,982	$959K	Add +4.5%
PSA Public Storage	0.07%	3,150	$943K	Add +21.9%
OEF iShares S&P 100 ETF	0.07%	3,436	$931K	No change
DRI Darden Restaurants Inc.	0.07%	4,463	$927K	Add +6.1%
VFH Vanguard Financials ETF	0.07%	7,733	$924K	Add +1.8%
VDE Vanguard Energy ETF	0.06%	7,042	$913K	Reduce -1.0%
PAYX Paychex Inc.	0.06%	5,911	$912K	Add +4.2%
PNC PNC Financial Services Group	0.06%	5,169	$909K	Add +1.9%
RSG Republic Services Inc.	0.06%	3,750	$908K	Add +0.7%
TRI Thomson Reuters Corp.	0.06%	5,207	$899K	Reduce -1.0%
HCA HCA Healthcare Inc.	0.06%	2,594	$896K	Add +3.1%
MMM 3M Co.	0.06%	6,084	$893K	Add +2.6%
VRTX Vertex Pharmaceuticals Inc.	0.06%	1,835	$890K	Add +1.7%
FISV Fiserv Inc.	0.06%	4,027	$889K	Reduce -0.5%
MCK McKesson Corp.	0.06%	1,314	$884K	Add +4.0%
AMD Advanced Micro Devices	0.06%	8,559	$879K	Add +1.4%
FXY Invesco Currencyshares Japan	0.06%	14,253	$877K	Add +108.3%
CMI Cummins Inc.	0.06%	2,787	$874K	Add +0.0%
PFE Pfizer Inc.	0.06%	34,065	$863K	Add +8.0%
MGC Vngrd Mrngstr MG Cap ETF-Usd	0.06%	4,246	$855K	Reduce -1.9%
PH Parker Hannifin Corp.	0.06%	1,382	$840K	Add +0.4%
TRV The Travelers Cos Inc.	0.06%	3,176	$840K	Add +0.6%
CMG Chipotle Mexican Grill Inc.	0.06%	16,450	$826K	Reduce -1.1%
AON Aon PLC Class A	0.06%	2,063	$823K	Add +0.4%
BHP BHP Group Ltd.-Spon ADR	0.06%	16,920	$821K	Reduce -0.3%
DLR Digital Realty Trust Inc.	0.06%	5,730	$821K	Add +27.6%
VTI VG Morningstar TS MKT ETF-US	0.06%	2,967	$816K	Add +2.2%
SNPS Synopsys Inc.	0.06%	1,901	$815K	Reduce -1.1%
O Realty Income Corp.	0.06%	14,001	$812K	Add +26.1%
ENB Enbridge Inc.	0.06%	18,155	$804K	Add +53.4%
AFL Aflac Inc.	0.06%	7,210	$802K	Add +1.8%
BMY Bristol-Myers Squibb Co.	0.06%	13,114	$800K	Add +8.9%
BRK.A Berkshire Hathaway Inc. Class A	0.06%	1	$798K	No change
VLO Valero Energy Corp.	0.06%	6,014	$794K	Add +4.9%
AEP American Electric Power	0.06%	7,234	$790K	Add +7.1%
UBS UBS Group AG-Reg	0.05%	25,292	$775K	Add +7.6%
RELX Relx PLC - Spon ADR	0.05%	15,347	$774K	Add +3.7%
SMFG Sumitomo Mitsui-Spons ADR	0.05%	49,631	$767K	Add +8.1%
APH Amphenol Corp. Class A	0.05%	11,686	$766K	Add +3.8%
PSX Phillips 66	0.05%	6,204	$766K	Add +5.2%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	0.05%	8,869	$763K	Add +10.4%
CL Colgate-Palmolive Co.	0.05%	8,109	$760K	Add +2.7%
SONY Sony Group Corp. - SP ADR	0.05%	29,864	$758K	Add +6.3%
VHT Vanguard Health Care ETF	0.05%	2,853	$755K	Add +9.5%
RY Royal Bank of Canada	0.05%	6,682	$753K	Add +9.8%
EOG EOG Resources Inc.	0.05%	5,783	$742K	Add +5.7%
CSX CSX Corp.	0.05%	24,848	$731K	Add +1.1%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.05%	2,885	$726K	Reduce -90.2%
SNY Sanofi-ADR	0.05%	13,080	$725K	Add +9.9%
APD Air Products & Chemicals Inc.	0.05%	2,447	$722K	Add +2.0%
EXR Extra Space Storage Inc.	0.05%	4,813	$715K	Add +39.5%
CEG Constellation Energy	0.05%	3,542	$714K	Add +0.6%
BX Blackstone Inc.	0.05%	5,085	$711K	Add +8.4%
MAR Marriott International Class A	0.05%	2,976	$709K	Reduce -0.1%
KMI Kinder Morgan Inc.	0.05%	24,815	$708K	Add +8.3%
TT Trane Technologies PLC	0.05%	2,101	$708K	Reduce -11.5%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.05%	8,396	$704K	Add +1.5%
EQNR Equinor ASA-Spon ADR	0.05%	26,584	$703K	Add +8.7%
ALL Allstate Corp.	0.05%	3,375	$699K	Add +5.2%
TRGP Targa Resources Corp.	0.05%	3,467	$695K	Reduce -3.3%
NSC Norfolk Southern Corp.	0.05%	2,870	$680K	Add +3.5%
HLT Hilton Worldwide Holdings Inc.	0.05%	2,939	$669K	Reduce -1.1%
ED Consolidated Edison Inc.	0.05%	6,022	$666K	Add +4.6%
YUM Yum! Brands Inc.	0.05%	4,195	$660K	Reduce -1.7%
MLM Martin Marietta Materials	0.05%	1,335	$638K	Reduce -0.1%
VOX Vanguard Communication Servi	0.05%	4,298	$638K	Reduce -5.2%
PEG Public Service Enterprise GP	0.04%	7,629	$628K	Add +3.4%
BP BP PLC-Spons ADR	0.04%	18,556	$627K	Add +5.8%
AGZ iShares Agency Bond ETF	0.04%	5,703	$624K	Add +22.9%
MCO Moody's Corp.	0.04%	1,338	$623K	Add +0.8%
IJH iShares Core S&P Midcap ETF	0.04%	10,635	$621K	No change
TPR Tapestry Inc.	0.04%	8,799	$620K	Reduce -0.9%
PCAR Paccar Inc.	0.04%	6,348	$618K	Add +3.7%
VT Vanguard Tot World STK ETF	0.04%	5,310	$616K	Reduce -7.7%
RIO Rio Tinto PLC-Spon ADR	0.04%	10,160	$610K	Add +7.4%
GLW Corning Inc.	0.04%	13,334	$610K	Add +2.5%
MDT Medtronic PLC	0.04%	6,731	$605K	Add +8.8%
BBVA Banco Bilbao Vizcaya-SP ADR	0.04%	44,358	$604K	Add +14.6%
SNA Snap-on Inc.	0.04%	1,781	$600K	Reduce -0.5%
TSCO Tractor Supply Company	0.04%	10,785	$594K	Add +2.6%
VRSK Verisk Analytics Inc.	0.04%	1,982	$590K	Add +1.5%
KMB Kimberly-Clark Corp.	0.04%	4,140	$589K	Add +5.9%
SPHR Sphere Entertainment Co.	0.04%	17,894	$585K	Reduce -0.0%
CARR Carrier Global Corp.	0.04%	9,150	$580K	Add +5.2%
UPS United Parcel Service Class B	0.04%	5,273	$580K	Reduce -3.3%
IT Gartner Inc.	0.04%	1,379	$579K	No change
MET Metlife Inc.	0.04%	7,184	$577K	Add +1.5%
PRU Prudential Financial Inc.	0.04%	5,133	$573K	Add +3.1%
UBER Uber Technologies Inc.	0.04%	7,860	$573K	Add +12.4%
JCI Johnson Controls Internation	0.04%	7,131	$571K	Add +2.6%
ANET Arista Networks Inc.	0.04%	7,368	$571K	Add +0.5%
ROP Roper Technologies Inc.	0.04%	953	$562K	Add +1.5%
TGT Target Corp.	0.04%	5,369	$560K	Reduce -17.7%
COF Capital One Financial Corp.	0.04%	3,108	$557K	Add +1.6%
ECL Ecolab Inc.	0.04%	2,189	$555K	Add +1.3%
TFC Truist Financial Corp.	0.04%	13,356	$550K	Add +2.7%
CDNS Cadence Design SYS Inc.	0.04%	2,159	$549K	Add +8.5%
MFC Manulife Financial Corp.	0.04%	17,586	$548K	Add +10.1%
MU Micron Technology Inc.	0.04%	6,300	$547K	Add +4.3%
AMP Ameriprise Financial Inc.	0.04%	1,129	$547K	Add +0.1%
SCCO Southern Copper Corp.	0.04%	5,813	$543K	Add +4.2%
NKE Nike Inc. Class B	0.04%	8,532	$542K	Reduce -4.6%
ZTS Zoetis Inc.	0.04%	3,286	$541K	Add +5.3%
FAST Fastenal Co.	0.04%	6,954	$539K	Reduce -0.8%
COR Cencora Inc.	0.04%	1,932	$537K	Add +0.7%
BDX Becton Dickinson and Co.	0.04%	2,334	$535K	Reduce -2.0%
OTIS Otis Worldwide Corp.	0.04%	5,083	$525K	Add +0.4%
IMVP Invesco India Exchange-Trade	0.04%	20,876	$522K	Add +26.0%
GEV GE Vernova Inc.	0.04%	1,709	$522K	Add +2.0%
MNST Monster Beverage Corp.	0.04%	8,869	$519K	Reduce -0.1%
WSM Williams-Sonoma Inc.	0.04%	3,278	$518K	Add +0.2%
CNQ Canadian Natural Resources	0.04%	16,779	$517K	Add +8.4%
INTC Intel Corp.	0.04%	22,632	$514K	Add +18.4%
NDAQ Nasdaq Inc.	0.04%	6,731	$511K	Add +0.3%
SRE Sempra	0.04%	7,152	$510K	Add +4.6%
EBAY eBay Inc.	0.04%	7,495	$508K	Add +1.1%
ETR Entergy Corp.	0.04%	5,839	$499K	Add +4.6%
PANW Palo Alto Networks Inc.	0.04%	2,925	$499K	Add +6.1%
EXC Exelon Corp.	0.04%	10,789	$497K	Add +8.4%
NXPI NXP Semiconductors NV	0.04%	2,608	$496K	Add +6.0%
USB US Bancorp	0.03%	11,630	$491K	Add +8.9%
FANG Diamondback Energy Inc.	0.03%	3,071	$491K	Add +0.3%
SHOP Shopify Inc. Class A	0.03%	5,129	$490K	Add +2.9%
KR Kroger Co.	0.03%	7,227	$489K	Add +7.8%
CVS CVS Health Corp.	0.03%	7,217	$489K	Add +21.9%
AIG American International Group	0.03%	5,610	$488K	Add +2.4%
CAH Cardinal Health Inc.	0.03%	3,530	$486K	Add +1.5%
SLB SLB Ltd. filed as SCHLUMBERGER LTD	0.03%	11,504	$481K	Add +6.5%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.03%	486	$480K	Add +2.1%
SYY Sysco Corp.	0.03%	6,361	$477K	Add +3.0%
ET Energy Transfer LP	0.03%	25,270	$470K	Reduce -14.9%
ROST Ross Stores Inc.	0.03%	3,670	$469K	Add +0.9%
WY Weyerhaeuser Co.	0.03%	15,764	$462K	Add +24.3%
RACE Ferrari NV	0.03%	1,073	$459K	Add +4.3%
ADSK Autodesk Inc.	0.03%	1,750	$458K	No change
GSK GSK PLC-Spon ADR	0.03%	11,816	$458K	Reduce -0.6%
PDD PDD Holdings Inc.	0.03%	3,851	$456K	Add +7.4%
XEL Xcel Energy Inc.	0.03%	6,420	$454K	Add +9.8%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.03%	13,888	$453K	Add +19.0%
CBRE CBRE Group Inc. Class A	0.03%	3,457	$452K	Add +41.6%
RF Regions Financial Corp.	0.03%	20,761	$451K	Add +5.2%
SAN Banco Santander SA-Spon ADR	0.03%	66,915	$448K	Add +19.9%
FDX FedEx Corp.	0.03%	1,832	$447K	Reduce -3.6%
VST Vistra Corp.	0.03%	3,788	$445K	Add +8.7%
ESS Essex Property Trust Inc.	0.03%	1,450	$445K	Add +21.4%
ACGL Arch Capital Group Ltd.	0.03%	4,613	$444K	Add +11.2%
DFS Discover Financial Services	0.03%	2,569	$439K	Reduce -0.2%
INVH Invitation Homes Inc.	0.03%	12,451	$434K	Add +25.2%
REGN Regeneron Pharmaceuticals	0.03%	682	$433K	Add +1.3%
BRO Brown & Brown Inc.	0.03%	3,467	$431K	Add +0.6%
MSCI MSCI Inc.	0.03%	760	$430K	Add +1.7%
OHI Omega Healthcare Investors	0.03%	11,282	$430K	Add +13.6%
CTVA Corteva Inc.	0.03%	6,808	$428K	Add +0.7%
CTSH Cognizant Tech Solutions-A	0.03%	5,581	$427K	Add +5.2%
AVB Avalonbay Communities Inc.	0.03%	1,976	$424K	Add +30.0%
EG Everest Group Ltd.	0.03%	1,157	$420K	Reduce -0.7%
FERG Ferguson Enterprises Inc.	0.03%	2,620	$420K	Add +1.0%
STT State Street Corp.	0.03%	4,644	$416K	Add +7.0%
PYPL PayPal Holdings Inc.	0.03%	6,348	$414K	Reduce -0.3%
DHI D.R. Horton Inc.	0.03%	3,251	$413K	Reduce -5.1%
LHX L3HARRIS Technologies Inc.	0.03%	1,966	$412K	Reduce -3.9%
FCX Freeport-McMoran Inc.	0.03%	10,771	$408K	Reduce -3.4%
TD Toronto-Dominion Bank	0.03%	6,786	$407K	Add +13.2%
IWR iShares Russell Mid-Cap ETF	0.03%	4,756	$405K	Add +7.2%
ING ING Groep N.V.-Sponsored ADR	0.03%	20,416	$400K	Add +12.4%
NVR NVR Inc.	0.03%	55	$398K	No change
SBAC SBA Communications Corp.	0.03%	1,799	$396K	Add +22.7%
VTEB Vanguard Tax-Exempt Bond ETF	0.03%	7,938	$394K	Reduce -45.0%
BNDX Vanguard Total Intl Bond ETF	0.03%	8,030	$392K	Reduce -0.3%
HPQ HP Inc.	0.03%	14,129	$391K	Add +2.0%
GIS General Mills Inc.	0.03%	6,475	$387K	Reduce -5.6%
BN Brookfield Corp.	0.03%	7,375	$387K	Add +2.9%
FITB Fifth Third Bancorp	0.03%	9,783	$383K	Add +10.4%
ROK Rockwell Automation Inc.	0.03%	1,480	$382K	Add +0.8%
E Eni SPA-Sponsored ADR	0.03%	12,310	$381K	Add +2.7%
PBR Petroleo Brasileiro-Spon ADR	0.03%	26,464	$379K	Add +2.4%
PWR Quanta Services Inc.	0.03%	1,490	$379K	Add +4.9%
RJF Raymond James Financial Inc.	0.03%	2,712	$377K	Add +1.2%
LNG Cheniere Energy Inc.	0.03%	1,615	$374K	Reduce -4.5%
WSO Watsco Inc.	0.03%	735	$374K	Add +5.6%
URI United Rentals Inc.	0.03%	595	$373K	Add +6.1%
VALE Vale SA-SP ADR	0.03%	37,339	$373K	Add +5.7%
GRMN Garmin Ltd.	0.03%	1,716	$373K	Add +0.6%
BTI British American Tob-SP ADR	0.03%	8,952	$370K	Add +15.6%
EIX Edison International	0.03%	6,263	$369K	Reduce -9.5%
CSGP Costar Group Inc.	0.03%	4,650	$368K	Add +32.7%
EA Electronic Arts Inc.	0.03%	2,543	$368K	Reduce -1.6%
BKR Baker Hughes Co.	0.03%	8,330	$366K	Add +1.7%
WDFC WD-40 Co.	0.03%	1,500	$366K	No change
ODFL Old Dominion Freight Line	0.03%	2,207	$365K	Reduce -5.0%
CP Canadian Pacific Kansas City	0.03%	5,163	$362K	Add +0.8%
GPC Genuine Parts Co.	0.03%	3,036	$362K	Add +5.5%
CSL Carlisle Cos Inc.	0.03%	1,056	$360K	Add +0.1%
GM General Motors Co.	0.03%	7,643	$359K	Add +0.9%
VTR Ventas Inc.	0.03%	5,225	$359K	Add +44.1%
FTNT Fortinet Inc.	0.03%	3,732	$359K	Add +4.3%
EPD Enterprise Products Partners	0.03%	10,500	$358K	No change
STX Seagate Technology Holdings	0.03%	4,217	$358K	Add +4.8%
CPRT Copart Inc.	0.03%	6,312	$357K	Add +0.3%
TEL Te Connectivity PLC	0.03%	2,511	$355K	Reduce -6.9%
F Ford Motor Co. filed as FORD MTR CO	0.03%	35,352	$355K	Add +0.1%
DELL Dell Technologies -C	0.03%	3,882	$354K	Add +13.7%
CHTR Charter Communications Inc. Class A	0.03%	960	$354K	Add +6.2%
HES Hess Corp.	0.03%	2,208	$353K	Add +2.5%
CNP Centerpoint Energy Inc.	0.02%	9,675	$351K	Add +1.1%
DD Dupont DE Nemours Inc.	0.02%	4,643	$347K	Reduce -6.5%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.02%	4,840	$346K	Add +38.3%
KIM Kimco Realty Corp.	0.02%	16,307	$346K	Add +17.2%
NRG NRG Energy Inc.	0.02%	3,619	$345K	Reduce -1.5%
HBAN Huntington Bancshares Inc.	0.02%	22,939	$344K	Add +2.8%
BABA Alibaba Group Holding-SP ADR	0.02%	2,597	$343K	New
HWM Howmet Aerospace Inc.	0.02%	2,644	$343K	Add +18.6%
MFG Mizuho Financial Group-ADR	0.02%	61,989	$342K	Add +5.7%
NEM Newmont Corp.	0.02%	7,070	$341K	Add +15.3%
VCR Vanguard Consumer Discre ETF	0.02%	1,046	$340K	Add +8.4%
DXJ Wisdomtree Japan Hedged Eq	0.02%	3,014	$332K	No change
VDC Vanguard Consumer Staple ETF	0.02%	1,517	$332K	Add +14.4%
FICO Fair Isaac Corp.	0.02%	180	$332K	Add +29.5%
TTWO Take-Two Interactive Softwre	0.02%	1,595	$331K	Add +29.4%
CTRA Coterra Energy Inc.	0.02%	11,358	$328K	Add +0.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.02%	781	$328K	Add +14.0%
MCHP Microchip Technology Inc.	0.02%	6,731	$326K	Reduce -6.3%
KDP Keurig Dr Pepper Inc.	0.02%	9,485	$325K	Add +11.7%
WEC WEC Energy Group Inc.	0.02%	2,974	$324K	Add +7.9%
SU Suncor Energy Inc.	0.02%	8,336	$323K	Add +1.0%
RS Reliance Inc.	0.02%	1,116	$322K	Reduce -0.5%
OMC Omnicom Group	0.02%	3,876	$321K	Add +13.2%
CNI Canadian Natl Railway Co.	0.02%	3,286	$320K	Reduce -0.5%
AWK American Water Works Co. Inc.	0.02%	2,161	$319K	Reduce -3.9%
IVV iShares Core S&P 500 ETF	0.02%	566	$318K	No change
EW Edwards Lifesciences Corp.	0.02%	4,379	$317K	Add +0.3%
ADM Archer-Daniels-Midland Co.	0.02%	6,598	$317K	Add +8.8%
D Dominion Energy Inc.	0.02%	5,642	$316K	Add +15.7%
FNF Fidelity National Financial	0.02%	4,838	$315K	Add +13.8%
HPE Hewlett Packard Enterprise	0.02%	20,377	$314K	Reduce -1.8%
PLTR Palantir Technologies Inc. Class A	0.02%	3,700	$312K	Add +8.6%
RL Ralph Lauren Corp.	0.02%	1,400	$309K	Add +8.7%
HIG Hartford Insurance Group Inc.	0.02%	2,465	$305K	Add +0.5%
UDR Udr Inc.	0.02%	6,735	$304K	Add +23.2%
IJR iShares Core S&P Small-Cap E	0.02%	2,906	$304K	No change
BCS Barclays PLC-Spons ADR	0.02%	19,673	$302K	Add +7.1%
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.02%	2,348	$302K	Add +18.9%
WTW Willis Towers Watson PLC	0.02%	892	$301K	Add +0.7%
HUM Humana Inc.	0.02%	1,133	$300K	Add +14.0%
WRB WR Berkley Corp. filed as BERKLEY W R CORP	0.02%	4,169	$297K	Reduce -0.6%
A Agilent Technologies Inc.	0.02%	2,523	$295K	Reduce -0.2%
PFG Principal Financial Group	0.02%	3,492	$295K	Add +15.7%
DOV Dover Corp.	0.02%	1,675	$294K	Add +0.6%
HUBB Hubbell Inc.	0.02%	881	$292K	Add +6.9%
BMO Bank of Montreal filed as BANK MONTREAL QUE	0.02%	3,030	$289K	Add +20.4%
TRP TC Energy Corp.	0.02%	6,123	$289K	Add +19.2%
AME Ametek Inc.	0.02%	1,658	$285K	Add +2.2%
IX Orix - Sponsored ADR filed as ORIX CORP	0.02%	13,605	$284K	Add +11.5%
DTE DTE Energy Company	0.02%	2,055	$284K	Add +18.8%
VRSN Verisign Inc.	0.02%	1,114	$283K	No change
MTB M & T Bank Corp. filed as M & T BK CORP	0.02%	1,579	$282K	Add +4.4%
PBA Pembina Pipeline Corp.	0.02%	7,023	$281K	Add +8.7%
LAMR Lamar Advertising Co. Class A	0.02%	2,462	$280K	Add +14.9%
MAA Mid-America Apartment Comm	0.02%	1,654	$277K	New
KHC The Kraft Heinz Co.	0.02%	9,102	$277K	Add +25.3%
VMC Vulcan Materials Co.	0.02%	1,174	$274K	Reduce -0.3%
STZ Constellation Brands Inc. Class A	0.02%	1,492	$274K	Reduce -33.2%
IDXX Idexx Laboratories Inc.	0.02%	651	$273K	Add +2.5%
FDS Factset Research Systems Inc.	0.02%	601	$273K	Reduce -1.1%
VIG Vanguard Dividend Apprec ETF	0.02%	1,407	$273K	No change
JEF Jefferies Financial Group Inc.	0.02%	5,089	$273K	No change
NTAP Netapp Inc.	0.02%	3,089	$271K	Reduce -2.6%
NUE Nucor Corp.	0.02%	2,246	$270K	Reduce -2.3%
EMN Eastman Chemical Co.	0.02%	3,064	$270K	Add +6.0%
FTV Fortive Corp.	0.02%	3,686	$270K	Reduce -2.0%
ATO Atmos Energy Corp.	0.02%	1,727	$267K	Add +3.6%
DGX Quest Diagnostics Inc.	0.02%	1,576	$267K	Reduce -2.3%
ES Eversource Energy	0.02%	4,283	$266K	Add +14.5%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM	0.02%	4,683	$264K	Add +12.9%
DVA Davita Inc.	0.02%	1,719	$263K	Reduce -0.1%
EFX Equifax Inc.	0.02%	1,078	$263K	Add +14.9%
CHD Church & Dwight Co. Inc.	0.02%	2,352	$259K	Reduce -1.1%
CRH CRH PLC	0.02%	2,943	$259K	Add +2.3%
IQV Iqvia Holdings Inc.	0.02%	1,458	$257K	Reduce -12.0%
IP International Paper Co.	0.02%	4,770	$254K	Add +16.5%
SNAP Snap Inc. Class A	0.02%	29,194	$254K	Reduce -6.2%
ALC Alcon Inc. filed as ALCON AG	0.02%	2,672	$253K	Add +5.2%
FE Firstenergy Corp.	0.02%	6,259	$253K	Add +6.3%
OXY Occidental Petroleum Corp.	0.02%	5,075	$251K	Add +24.1%
SPDW Ste STR SPDR PT DW Eu ETF	0.02%	6,872	$250K	No change
IR Ingersoll-Rand Inc.	0.02%	3,125	$250K	Add +0.5%
LYG Lloyds Banking Group PLC-ADR	0.02%	65,389	$250K	Add +23.8%
WCN Waste Connections Inc.	0.02%	1,278	$249K	Add +4.6%
DEO Diageo PLC-Sponsored ADR	0.02%	2,379	$249K	Add +1.0%
CINF Cincinnati Financial Corp.	0.02%	1,675	$247K	Add +3.8%
LH Labcorp Holdings Inc.	0.02%	1,063	$247K	Add +7.7%
DLTR Dollar Tree Inc.	0.02%	3,295	$247K	Reduce -2.8%
FIS Fidelity National Info Serv	0.02%	3,297	$246K	Add +0.9%
IEX Idex Corp.	0.02%	1,353	$245K	Reduce -1.1%
STLD Steel Dynamics Inc.	0.02%	1,951	$244K	Add +1.2%
IMO Imperial Oil Ltd.	0.02%	3,348	$242K	New
CHKP Check Point Software Tech	0.02%	1,052	$240K	New
CPAY Corpay Inc.	0.02%	687	$240K	Reduce -0.1%
MKL Markel Group Inc.	0.02%	128	$239K	Add +5.8%
LULU Lululemon Athletica Inc.	0.02%	845	$239K	Add +2.9%
SLF Sun Life Financial Inc.	0.02%	4,147	$237K	Add +11.5%
MRVL Marvell Technology Inc.	0.02%	3,846	$237K	Add +4.3%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX	0.02%	4,992	$237K	Add +16.6%
WDAY Workday Inc. Class A	0.02%	1,013	$237K	Add +6.9%
HMC Honda Motor Co. Ltd.-Spons ADR	0.02%	8,715	$236K	Add +22.4%
MTD Mettler-Toledo International	0.02%	200	$236K	No change
MUSA Murphy USA Inc.	0.02%	502	$236K	No change
LPLA LPL Financial Holdings Inc.	0.02%	718	$235K	New
DPZ Domino's Pizza Inc.	0.02%	508	$233K	Reduce -7.0%
DOW Dow Inc.	0.02%	6,641	$232K	Reduce -16.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.02%	2,524	$232K	Add +4.3%
LYB Lyondellbasell Indu Class A	0.02%	3,293	$232K	Reduce -4.6%
JNPR Juniper Networks Inc.	0.02%	6,395	$231K	Add +7.6%
NTES Netease Inc.-ADR	0.02%	2,244	$231K	Reduce -7.3%
CDW CDW Corp.	0.02%	1,418	$227K	Add +10.0%
LII Lennox International Inc.	0.02%	403	$226K	Reduce -4.7%
EQT Eqt Corp.	0.02%	4,230	$226K	New
VEU Vanguard Ftse All-World Ex-U	0.02%	3,680	$223K	Reduce -0.8%
XYL Xylem Inc.	0.02%	1,867	$223K	Add +3.1%
AEE Ameren Corporation	0.02%	2,196	$221K	New
BUD Anheuser-Busch Inbev-SPN ADR	0.02%	3,558	$219K	New
VAW Vanguard Materials ETF	0.02%	1,147	$217K	Reduce -9.8%
STE Steris PLC	0.02%	955	$216K	New
EXPD Expeditors Intl Wash Inc.	0.02%	1,791	$215K	Reduce -5.4%
PKG Packaging Corp. of America	0.02%	1,083	$214K	Add +1.2%
NGG National Grid PLC-SP ADR	0.02%	3,257	$214K	New
WAT Waters Corp.	0.01%	575	$212K	New
WAB Wabtec Corp.	0.01%	1,162	$211K	Add +0.6%
MKC McCormick & Co.-Non VTG SHRS	0.01%	2,552	$210K	New
ORI Old Republic Intl Corp.	0.01%	5,346	$210K	New
BBY Best Buy Co. Inc.	0.01%	2,848	$210K	Add +16.5%
GLPI Gaming and Leisure Propertie	0.01%	4,107	$209K	New
PSK SS SPDR Ice Pref Sec ETF	0.01%	6,408	$208K	New
RMD Resmed Inc.	0.01%	915	$205K	Add +0.9%
ALLY Ally Financial Inc.	0.01%	5,609	$205K	New
IPG Interpublic Group of Cos Inc.	0.01%	7,522	$204K	New
ULTA Ulta Beauty Inc.	0.01%	557	$204K	Reduce -2.5%
AVY Avery Dennison Corp.	0.01%	1,145	$204K	Reduce -2.5%
CRWD CrowdStrike Holdings Inc. Class A	0.01%	576	$203K	New
CMS CMS Energy Corp.	0.01%	2,702	$203K	New
BG Bunge Global SA	0.01%	2,639	$202K	New
ROL Rollins Inc.	0.01%	3,726	$201K	New
LDOS Leidos Holdings Inc.	0.01%	1,491	$201K	Reduce -1.5%
CNC Centene Corp.	0.01%	3,311	$201K	Reduce -12.8%
CPT Camden Property Trust	0.01%	1,637	$200K	New
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC	0.01%	2,562	$200K	Reduce -1.2%
BR Broadridge Financial Solutio	0.01%	825	$200K	New
B Barrick Gold Corp.	0.01%	10,236	$199K	New
HST Host Hotels & Resorts Inc.	0.01%	12,940	$184K	New
TAK Takeda Pharmaceutic-SP ADR	0.01%	11,912	$177K	New
HR Healthcare Realty Trust Inc.	0.01%	10,285	$174K	New
TELFY Telefonica SA-Spon ADR	0.01%	36,326	$169K	Add +28.3%
HLN Haleon PLC-ADR	0.01%	15,196	$156K	Add +2.2%
BLZE Backblaze Inc. Class A	0.01%	31,070	$150K	No change
NWG Natwest Group PLC -Spon ADR	0.01%	12,555	$150K	Add +7.1%
ITUB Itau Unibanco H-Spon PRF ADR	0.01%	24,792	$136K	Add +55.0%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS	0.01%	17,328	$134K	Add +15.4%
VOD Vodafone Group PLC-SP ADR	0.01%	13,027	$122K	New
NOK Nokia Corp.-Spon ADR	0.01%	21,188	$112K	Add +3.6%
AMCR Amcor PLC	0.01%	11,091	$108K	Add +6.0%
AEG Aegon Ltd.-NY Reg SHR	0.01%	13,581	$89K	No change
ADT Adt Inc.	0.01%	10,782	$88K	Add +5.8%
ABEV Ambev SA-ADR	0.01%	31,425	$73K	Add +106.2%
BSBR Banco Santander Brasil-ADS	0.00%	14,796	$70K	New
KOS Kosmos Energy Ltd.	0.00%	16,584	$38K	No change
CIG Cia Energetica DE-Spon ADR	0.00%	11,933	$21K	No change

Options reported separately and not counted above: QQQ puts ($312.1M), SPY puts ($148.6M), EFA puts ($21.8M), EEM puts ($1.4M).

Portfolio Sells Q4 2024 → Q1 2025


VUG Vanguard Mrngstar GR ETF-Sui	Reduce -92.1%	0.35%	−4.76
VBK Van Morst SML-Cap Gro-Usd Inc.	Reduce -90.2%	0.05%	−0.56
NVDA Nvidia Corp.	Reduce -0.7%	1.73%	−0.55
TSLA Tesla Inc.	Reduce -3.7%	0.77%	−0.54
VOT Vngrd Mrngstr MC GRW ETF-Usd	Reduce -62.5%	0.20%	−0.39
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -12.0%	0.96%	−0.27
APO Apollo Global Management Inc.	Reduce -25.9%	0.30%	−0.22
MGK Vngrd Mrgstr MG CP GR ETF-Ui	Reduce -35.6%	0.23%	−0.19
TBLA Taboola.com Ltd.	Reduce -6.0%	0.25%	−0.10
VNQ Vanguard Real Estate ETF	Reduce -10.0%	0.57%	−0.09
VONG Vanguard Russell 1000 Growth	Sold out	0.00%	−0.08
VOE Vngrd Mrngstr MD-Cap Val ETF	Reduce -23.5%	0.19%	−0.08
VB Vanguard Most SM-Cap ETF-Usd	Reduce -10.5%	0.24%	−0.07
SCZ iShares MSCI Eafe Small-Cap	Reduce -6.0%	0.90%	−0.07
VGT Vanguard Info Tech ETF	Reduce -13.6%	0.16%	−0.07
META Meta Platforms Inc. Class A	Reduce -1.3%	0.73%	−0.06
ISHG iShares -3 Year Internationa	Reduce -2.6%	1.01%	−0.04
BWZ State Street SPDR Bloomberg	Reduce -1.0%	1.30%	−0.04
TSM Taiwan Semiconductor-SP ADR	Reduce -0.7%	0.13%	−0.03
IWN iShares Russell 2000 Value E	Reduce -4.1%	0.18%	−0.03
IYR iShares US Real Estate ETF	Reduce -9.2%	0.24%	−0.03
MRK Merck & Co. Inc.	Reduce -0.3%	0.18%	−0.03
IGIB iShares 5-10Y Inv Grade Corp.	Reduce -2.4%	0.46%	−0.03
AXP American Express Co.	Reduce -5.2%	0.12%	−0.03
TGT Target Corp.	Reduce -17.7%	0.04%	−0.03
VTEB Vanguard Tax-Exempt Bond ETF	Reduce -45.0%	0.03%	−0.03
JPM JPMorgan Chase & Co.	Reduce -0.7%	0.60%	−0.02
IWS iShares Russell Mid-Cap Valu	Sold out	0.00%	−0.02
MGM MGM Resorts International	Sold out	0.00%	−0.02
TKO Tko Group Holdings Inc.	Sold out	0.00%	−0.02
IGSB iShares 1-5Y Inv Grade Corp.	Reduce -7.3%	0.17%	−0.02
HON Honeywell International Inc.	Reduce -1.8%	0.13%	−0.02
BILS SS Spdrb B 3-12M T-Bill ETF	Sold out	0.00%	−0.02
BA The Boeing Co.	Reduce -11.6%	0.07%	−0.02
STZ Constellation Brands Inc. Class A	Reduce -33.2%	0.02%	−0.02
CMG Chipotle Mexican Grill Inc.	Reduce -1.1%	0.06%	−0.02
SPMB SS SPDR P Mort Back Bond ETF	Reduce -0.1%	0.50%	−0.02
SYF Synchrony Financial	Sold out	0.00%	−0.02
USIG iShares Broad Usd Investment	Reduce -1.4%	0.30%	−0.02
PPG PPG Industries Inc.	Sold out	0.00%	−0.02
PNR Pentair PLC	Sold out	0.00%	−0.02
LEN Lennar Corp. Class A	Sold out	0.00%	−0.02
WH Wyndham Hotels & Resorts Inc.	Sold out	0.00%	−0.02
TT Trane Technologies PLC	Reduce -11.5%	0.05%	−0.02
LECO Lincoln Electric Holdings	Sold out	0.00%	−0.02
EIX Edison International	Reduce -9.5%	0.03%	−0.02
SPHR Sphere Entertainment Co.	Reduce -0.0%	0.04%	−0.01
NKE Nike Inc. Class B	Reduce -4.6%	0.04%	−0.01
SNPS Synopsys Inc.	Reduce -1.1%	0.06%	−0.01
MAR Marriott International Class A	Reduce -0.1%	0.05%	−0.01

Portfolio Buys Q4 2024 → Q1 2025


MBB iShares MBS ETF	Add +218.6%	2.33%	+1.57
IBND SS SPDR BB Intl Corp. BD ETF	Add +89.0%	2.37%	+1.10
IEV iShares Europe ETF	Add +434.6%	1.27%	+1.04
IEI iShares 3-7 Year Treasury Bo	Add +136.8%	1.46%	+0.82
VCLT Vanguard Long-Term Corp. Bond	Add +316.5%	0.88%	+0.66
EWJ iShares MSCI Japan ETF	New	0.48%	+0.48
TLT iShares 20+ Year Treasury BD	Add +75.5%	0.98%	+0.41
SCJ iShares MSCI Japan Small-Cap	New	0.26%	+0.26
VGK Vanguard Ftse Europe ETF	Add +1366.8%	0.27%	+0.25
BWX SS SPDR BB Intl Treasury BD	Add +14.9%	2.49%	+0.25
EWC iShares MSCI Canada ETF	New	0.25%	+0.25
VWOB Vanguard Emerg MKTS Gov BND	Add +31.6%	1.16%	+0.24
JNK SS SPDR BB High Yield Bond	Add +23.6%	1.63%	+0.23
EPP iShares MSCI Pacific Ex Japa	Add +1118.3%	0.25%	+0.23
IEF iShares 7-10 Year Treasury B	Add +293.8%	0.31%	+0.23
AMLP Alerian MLP ETF	Add +21.2%	1.07%	+0.21
EMLC Vaneck JPM Em Local Curr BND	Add +17.9%	1.40%	+0.18
EMB iShares JP Morgan Usd Emergi	Add +17.0%	1.61%	+0.18
HYG Ishr Ibx Usd Hiyld CB ETF-Ui	Add +26.4%	1.09%	+0.18
VCIT Vanguard Int-Term Corporate	Add +21.4%	0.96%	+0.14
PICB Invesco International Corpor	Add +13.7%	1.35%	+0.13
PGX Invesco Preferred ETF	Add +20.9%	1.11%	+0.11
SPTL SS SPDR PF LNG TRM TSY E-Usd	Add +7.5%	1.80%	+0.10
EFV iShares MSCI Eafe Value ETF	Add +1.1%	1.26%	+0.09
IGOV iShares International Treasu	Add +7.7%	1.70%	+0.08
BRK.B Berkshire Hathaway Inc. Class B	Add +1.1%	0.64%	+0.07
AVDV Avantis Intl S/C Value ETF	Add +14.8%	0.37%	+0.05
INDA iShares MSCI India ETF	Add +21.9%	0.45%	+0.05
VGLT Vanguard Long-Term Treasury	Add +6.3%	1.00%	+0.05
ABBV Abbvie Inc.	Add +2.1%	0.35%	+0.04
TLH iShares 10-20 Year Treasury	Add +84.3%	0.09%	+0.04
PM Philip Morris International	Add +2.1%	0.19%	+0.04
EWY iShares MSCI South Korea ETF	Add +49.8%	0.11%	+0.04
MUB iShares National Muni Bond E	Add +34.3%	0.18%	+0.04
JNJ Johnson & Johnson	Add +2.1%	0.36%	+0.04
CVX Chevron Corp.	Add +4.5%	0.26%	+0.03
WELL Welltower Inc.	Add +19.5%	0.12%	+0.03
FXY Invesco Currencyshares Japan	Add +108.3%	0.06%	+0.03
AMT American Tower Corp.	Add +23.2%	0.11%	+0.03
LEMB iShares JP Morgan Em Local C	Add +3.6%	1.71%	+0.03
KO The Coca-Cola Co.	Add +3.1%	0.27%	+0.03
V Visa Inc. Class A	Add +2.5%	0.40%	+0.03
XOM Exxon Mobil Corp.	Add +3.0%	0.38%	+0.03
LLY Eli Lilly & Co.	Add +2.9%	0.65%	+0.03
TMUS T-Mobile US Inc.	Add +6.6%	0.15%	+0.03
BABA Alibaba Group Holding-SP ADR	New	0.02%	+0.02
PLD Prologis Inc.	Add +19.2%	0.15%	+0.02
AMGN Amgen Inc.	Add +3.5%	0.15%	+0.02
T AT&T Inc.	Add +6.0%	0.11%	+0.02
PFF iShares Preferred & Income S	Add +15.1%	0.33%	+0.02

Options Activity Q4 2024 → Q1 2025


QQQ Invesco QQQ Trust Series 1	put	Add +68.1%	665,600	$312.1M
SPY SS SPDR S&P 500 ETF Trust-US	put	Reduce -0.4%	265,600	$148.6M
EFA iShares MSCI Eafe ETF	put	Add +1.7%	266,800	$21.8M
EEM iShares MSCI Emerging Market	put	Reduce -0.3%	31,500	$1.4M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	603	$1.6B	VUG, AAPL, EEM, NVDA, IAU
Q1 2026	598	$1.5B	AAPL, EEM, NVDA, BWX, MSFT
Q4 2025	546	$1.5B	VUG, AAPL, EEM, MSFT, BWX
Q3 2025	551	$1.5B	VUG, MSFT, AAPL, BWX, NVDA
Q2 2025	573	$1.4B	EEM, MSFT, BWX, AAPL, NVDA
Q1 2025	578	$1.4B	AAPL, BWX, MSFT, IBND, MBB
Q4 2024	559	$1.3B	VUG, AAPL, MSFT, NVDA, BWX
Q3 2024	577	$1.3B	BWX, AAPL, MSFT, MBB, IGOV
Q2 2024	560	$1.3B	VUG, AAPL, MSFT, EEM, NVDA
Q1 2024	577	$1.3B	VUG, MSFT, AAPL, BWX, IGOV