Commonwealth Equity Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Commonwealth Equity Services, LLC reported 4,225 stock positions worth $77.2 billion. Its top holding was Apple (AAPL) at 3.5% of the portfolio, followed by Nvidia (NVDA, 2.7%) and iShares Core S&P 500 ETF (IVV, 2.5%). Compared with Q2 2025, it opened 217 new positions, sold out of 232, added to 1,555 and reduced 2,389. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +4%) and the biggest sale an exit from MC Trio Equity Buffered ETF (TRIO).
- Most Recent 13F
- Q2 2026
- Location
- WALTHAM, MA
- CIK
- 0000312272
- Portfolio Value
- $77.2B (Q3 2025)
- SEC Filing
- 0000312272-25-000021 ↗ filed Oct 22, 2025
Holdings Value
Holdings 4,225 stocks · $77.2B
| AAPL Apple Inc. | 3.49% | 10,572,429 | $2.7B | Reduce -6.6% |
| NVDA Nvidia Corp. | 2.66% | 10,995,345 | $2.1B | Reduce -13.2% |
| IVV iShares Core S&P 500 ETF | 2.47% | 2,846,025 | $1.9B | Reduce -0.3% |
| MSFT Microsoft Corp. | 2.25% | 3,360,507 | $1.7B | Reduce -5.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.77% | 2,272,321 | $1.4B | Reduce -6.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.58% | 1,835,700 | $1.2B | Reduce -4.9% |
| AMZN Amazon.com Inc. | 1.52% | 5,342,389 | $1.2B | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 1.36% | 17,455,979 | $1.0B | Reduce -6.8% |
| IWF iShares Russell 1000 Growth | 1.21% | 2,001,110 | $937.3M | Reduce -4.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.08% | 2,551,323 | $837.3M | Add +4.3% |
| VOO Vanguard S&P 500 ETF | 1.08% | 1,357,294 | $831.2M | Reduce -9.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.06% | 1,711,815 | $821.0M | Reduce -4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 1,598,314 | $803.5M | Reduce -2.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.79% | 3,284,635 | $612.6M | Reduce -3.4% |
| VIG Vanguard Dividend Apprec ETF | 0.79% | 2,838,005 | $612.4M | Reduce -5.2% |
| GOOGL Alphabet Inc. Class A | 0.78% | 2,467,049 | $599.7M | Reduce -8.2% |
| CGGR Cap Group Growth Equity | 0.72% | 12,707,821 | $558.1M | Add +2.2% |
| DGRO iShares Core Dividend Growth | 0.67% | 7,555,609 | $514.4M | Reduce -4.5% |
| JPM JPMorgan Chase & Co. | 0.66% | 1,617,468 | $510.2M | Reduce -8.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.60% | 10,957,728 | $460.6M | Add +11.1% |
| GOOG Alphabet Inc. Class C | 0.59% | 1,875,908 | $456.9M | Reduce -6.8% |
| META Meta Platforms Inc. Class A | 0.56% | 593,570 | $435.9M | Reduce -9.9% |
| IJR iShares Core S&P Small-Cap E | 0.53% | 3,446,499 | $409.5M | Reduce -7.5% |
| TSLA Tesla Inc. | 0.51% | 887,720 | $394.8M | Reduce -7.4% |
| IVW iShares S&P 500 Growth ETF | 0.50% | 3,220,554 | $388.8M | Reduce -10.5% |
| VWO Vanguard Ftse Emerging Marke | 0.50% | 7,159,068 | $387.9M | Reduce -3.0% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.49% | 11,413,499 | $381.4M | Add +6.2% |
| IWD iShares Russell 1000 Value E | 0.49% | 1,861,320 | $378.9M | Reduce -6.8% |
| IJH iShares Core S&P Midcap ETF | 0.49% | 5,796,032 | $378.2M | Reduce -4.0% |
| AVGO Broadcom Inc. | 0.48% | 1,128,979 | $372.5M | Reduce -6.6% |
| RDVY First Trust Rising Dividend | 0.48% | 5,518,630 | $371.2M | Reduce -4.1% |
| COST Costco Wholesale Corp. | 0.45% | 377,451 | $349.4M | Reduce -9.0% |
| IWP iShares Russell Mid-Cap Grow | 0.44% | 2,392,379 | $340.7M | Reduce -4.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.44% | 1,153,384 | $338.8M | Reduce -2.6% |
| VYM Vanguard High DVD Yield ETF | 0.43% | 2,372,325 | $334.4M | Reduce -3.8% |
| DFAC Dimensional US Core Equity 2 | 0.43% | 8,634,946 | $333.1M | Reduce -1.1% |
| GLD SPDR Gold Shares | 0.42% | 916,842 | $325.9M | Reduce -7.4% |
| SCHD Schwab US DVD Equity ETF | 0.42% | 11,921,137 | $325.4M | Reduce -0.7% |
| QUAL iShares MSCI USA Quality Fac | 0.41% | 1,629,012 | $316.8M | Reduce -17.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.40% | 3,515,790 | $307.0M | Reduce -1.4% |
| MUB iShares National Muni Bond E | 0.39% | 2,848,492 | $303.3M | Reduce -6.9% |
| PLTR Palantir Technologies Inc. Class A | 0.39% | 1,655,215 | $301.9M | Reduce -5.7% |
| IWS iShares Russell Mid-Cap Valu | 0.38% | 2,073,188 | $289.6M | Reduce -5.5% |
| JEPI JPMorgan Equity Premium Inco | 0.35% | 4,756,077 | $271.6M | Reduce -6.6% |
| JNJ Johnson & Johnson | 0.35% | 1,456,361 | $270.0M | Reduce -9.0% |
| LLY Eli Lilly & Co. | 0.35% | 353,144 | $269.4M | Reduce -4.9% |
| QQQM Invesco Nasdaq 100 ETF | 0.35% | 1,087,105 | $268.6M | Add +4.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.35% | 1,050,178 | $267.0M | Reduce -4.5% |
| VONG Vanguard Russell 1000 Growth | 0.34% | 2,172,184 | $261.7M | Reduce -7.3% |
| V Visa Inc. Class A | 0.34% | 766,608 | $261.7M | Reduce -3.7% |
| ABBV Abbvie Inc. | 0.34% | 1,130,248 | $261.7M | Reduce -6.2% |
| XLK SS Technology Select Sector | 0.34% | 921,311 | $259.7M | Add +1.1% |
| HD Home Depot Inc. | 0.33% | 637,798 | $258.4M | Reduce -5.2% |
| IWY iShares Russell Top 200 Grow | 0.33% | 938,911 | $256.9M | Add +0.1% |
| IAU iShares Gold Trust | 0.33% | 3,517,051 | $255.9M | Reduce -8.6% |
| WMT Walmart Inc. | 0.33% | 2,461,028 | $253.6M | Reduce -10.6% |
| XOM Exxon Mobil Corp. | 0.33% | 2,243,159 | $252.9M | Reduce -8.8% |
| PG The Procter & Gamble Co. | 0.32% | 1,614,276 | $248.0M | Reduce -7.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.32% | 5,722,446 | $244.9M | Reduce -5.8% |
| BSV Vanguard Short-Term Bond ETF | 0.29% | 2,870,800 | $226.5M | Reduce -8.2% |
| AGG iShares Core U.S. Aggregate | 0.29% | 2,221,616 | $222.7M | Add +15.7% |
| COWZ Pacer US Cash Cows 100 ETF | 0.28% | 3,778,698 | $217.2M | Reduce -26.1% |
| FLCG Fed Hermes Large Cap Growth | 0.28% | 6,599,782 | $215.4M | Add +1.1% |
| IVE iShares S&P 500 Value ETF | 0.27% | 1,024,838 | $211.6M | Reduce -7.9% |
| PVAL Putnam Focused LRG Cap Value | 0.27% | 4,889,690 | $208.9M | Add +12.2% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.27% | 3,512,833 | $208.0M | Add +9.9% |
| RSP Invesco S&P 500 Equal Weight | 0.27% | 1,079,375 | $204.8M | Reduce -19.7% |
| NFLX Netflix Inc. | 0.26% | 169,442 | $203.1M | Reduce -3.8% |
| FBND Fidelity Total Bond ETF | 0.26% | 4,373,035 | $202.2M | Add +20.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.25% | 2,036,321 | $193.7M | Reduce -7.5% |
| VCIT Vanguard Int-Term Corporate | 0.25% | 2,272,239 | $191.1M | Add +1.4% |
| ITOT iShares Core S&P Total U.S. | 0.25% | 1,303,963 | $189.9M | Reduce -18.6% |
| IUSG iShares Core S&P U.S. Growth | 0.25% | 1,150,148 | $189.2M | Reduce -3.3% |
| CVX Chevron Corp. | 0.24% | 1,217,281 | $189.0M | Reduce -2.7% |
| TCAF T Rowe PRC Cap Appreciation | 0.24% | 4,993,270 | $188.2M | Add +17.1% |
| ORCL Oracle Corp. | 0.24% | 668,335 | $188.0M | Reduce -8.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 664,365 | $187.5M | Reduce -5.1% |
| CAT Caterpillar Inc. | 0.24% | 383,256 | $182.9M | Reduce -5.5% |
| NEE Nextera Energy Inc. | 0.24% | 2,417,279 | $182.5M | Reduce -8.3% |
| VZ Verizon Communications Inc. | 0.23% | 4,024,014 | $176.9M | Reduce -6.3% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.23% | 5,113,876 | $174.7M | Add +2.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.22% | 1,619,878 | $169.3M | Reduce -2.6% |
| FDVV Fidelity High Dividend ETF | 0.21% | 2,959,267 | $164.9M | Reduce -11.6% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.21% | 2,783,385 | $160.1M | Reduce -2.7% |
| VGT Vanguard Info Tech ETF | 0.21% | 213,977 | $159.8M | Reduce -6.7% |
| FTEC Fidelity MSCI Info Tech Indx | 0.21% | 718,643 | $159.7M | Add +8.8% |
| IEMG iShares Core MSCI Emerging | 0.21% | 2,403,633 | $158.4M | Reduce -1.3% |
| SCHG Schwab US Large-Cap Growth | 0.20% | 4,955,408 | $158.1M | Add +1.9% |
| RTX RTX Corp. | 0.20% | 935,798 | $156.6M | Reduce -5.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.20% | 2,921,859 | $154.9M | Reduce -3.2% |
| MOAT Vaneck Morningstar Wide Moat | 0.20% | 1,552,751 | $153.9M | Reduce -13.7% |
| FV First Trust DW Focus 5 Fund | 0.20% | 2,478,115 | $153.4M | Reduce -13.2% |
| IWO iShares Russell 2000 Growth | 0.20% | 479,151 | $153.3M | Reduce -1.8% |
| MCD McDonald's Corp. | 0.20% | 503,642 | $153.1M | Reduce -10.8% |
| FBCG Fidelity Blue Chip Grow ETF | 0.20% | 2,839,435 | $152.4M | Reduce -1.8% |
| DFAX Dimensional World Ex US Core | 0.20% | 4,817,439 | $151.2M | Reduce -2.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.19% | 2,896,909 | $149.5M | Reduce -2.2% |
| IWN iShares Russell 2000 Value E | 0.19% | 830,140 | $146.8M | Reduce -8.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.19% | 3,110,980 | $145.3M | Reduce -3.5% |
| FENI Fidelity Enhanced Intl ETF | 0.19% | 4,109,577 | $145.0M | Add +81.6% |
Other holdings (9): bonds, preferreds, convertibles and warrants · $14.6M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 5,435 | $6.7M | Add +2.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,968 | $3.8M | Reduce -6.0% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 34,694 | $3.2M | Add +54.2% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 21,164 | $534K | Add +16.2% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 15,433 | $394K | Add +9.1% |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 115,804 | $9K | Reduce -13.6% |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | 15,186 | $0 | Add +3.2% |
| ISPOW Inspirato -CW30 | *W EXP 02/11/202 | 30,000 | $0 | No change |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | 24,141 | $0 | Add +0.2% |
Total filed on the 13F, all lines: $77.2B.
Portfolio Sells Q2 2025 → Q3 2025
| TRIO MC Trio Equity Buffered ETF | Sold out | 0.00% | −0.13 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -26.1% | 0.28% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -9.0% | 0.45% | −0.09 |
| MSFT Microsoft Corp. | Reduce -5.4% | 2.25% | −0.08 |
| META Meta Platforms Inc. Class A | Reduce -9.9% | 0.56% | −0.08 |
| QUAL iShares MSCI USA Quality Fac | Reduce -17.9% | 0.41% | −0.07 |
| AMZN Amazon.com Inc. | Reduce -2.2% | 1.52% | −0.06 |
| RSP Invesco S&P 500 Equal Weight | Reduce -19.7% | 0.27% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Reduce -6.8% | 1.36% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -9.8% | 1.08% | −0.05 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -44.6% | 0.06% | −0.05 |
| PJAN Innovator U.S. Equity Power | Reduce -61.1% | 0.03% | −0.05 |
| NFLX Netflix Inc. | Reduce -3.8% | 0.26% | −0.05 |
| FVAL Fidelity Value Factor ETF | Reduce -69.3% | 0.02% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -7.7% | 0.32% | −0.05 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -40.5% | 0.08% | −0.05 |
| KNG FT Vest S&P 500 DVD Arst TRG | Reduce -59.0% | 0.03% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -18.6% | 0.25% | −0.04 |
| FSK FS KKR Capital Corp. | Reduce -5.2% | 0.08% | −0.04 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -25.9% | 0.13% | −0.04 |
| JPST JPMorgan Ultra-Short Income | Reduce -20.8% | 0.13% | −0.04 |
| DWUS Advisorshares D/W FSM Core | Reduce -98.3% | 0.00% | −0.04 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -48.0% | 0.04% | −0.04 |
| ACN Accenture PLC Class A | Reduce -30.8% | 0.04% | −0.03 |
| V Visa Inc. Class A | Reduce -3.7% | 0.34% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -4.9% | 0.35% | −0.03 |
| GMAR FT Vest US Equity Moderate B | Reduce -60.5% | 0.02% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -33.0% | 0.07% | −0.03 |
| BSV Vanguard Short-Term Bond ETF | Reduce -8.2% | 0.29% | −0.03 |
| USFR Wisdomtree Floating Rate Tre | Reduce -32.2% | 0.06% | −0.03 |
| BOCT Innovator U.S. Equity Buffer | Reduce -63.2% | 0.02% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -6.6% | 0.35% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -5.1% | 0.24% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -6.9% | 0.39% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -25.1% | 0.09% | −0.03 |
| QFLR Innovator Nasdaq-100 MF ETF | Reduce -61.6% | 0.02% | −0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -16.9% | 0.10% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -12.1% | 0.16% | −0.03 |
| DIS The Walt Disney Co. | Reduce -12.0% | 0.11% | −0.03 |
| WMT Walmart Inc. | Reduce -10.6% | 0.33% | −0.03 |
| HON Honeywell International Inc. | Reduce -13.9% | 0.09% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -49.9% | 0.02% | −0.03 |
| HDV iShares Core High Dividend E | Reduce -22.0% | 0.10% | −0.03 |
| CRM Salesforce Inc. | Reduce -8.3% | 0.09% | −0.03 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -53.5% | 0.02% | −0.03 |
| EFA iShares MSCI Eafe ETF | Reduce -18.5% | 0.13% | −0.03 |
| BJAN Innovator U.S. Equity Buffer | Reduce -58.5% | 0.02% | −0.02 |
| MSTR Strategy Inc. | Reduce -0.6% | 0.09% | −0.02 |
| FV First Trust DW Focus 5 Fund | Reduce -13.2% | 0.20% | −0.02 |
| FELC Fidelity Enh LRG Cap Cor ETF | Reduce -19.7% | 0.14% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| VTI VG Morningstar TS MKT ETF-US | Add +4.3% | 1.08% | +0.10 |
| FENI Fidelity Enhanced Intl ETF | Add +81.6% | 0.19% | +0.09 |
| CGDV Cap Group Dividend Value | Add +11.1% | 0.60% | +0.08 |
| CGGR Cap Group Growth Equity | Add +2.2% | 0.72% | +0.06 |
| BAI Ishrs AI in and Tech Act ETF | Add +184.1% | 0.07% | +0.05 |
| OEF iShares S&P 100 ETF | Add +25.0% | 0.18% | +0.05 |
| TCAF T Rowe PRC Cap Appreciation | Add +17.1% | 0.24% | +0.05 |
| FBND Fidelity Total Bond ETF | Add +20.8% | 0.26% | +0.04 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +6.2% | 0.49% | +0.04 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +9.9% | 0.27% | +0.04 |
| PVAL Putnam Focused LRG Cap Value | Add +12.2% | 0.27% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +15.7% | 0.29% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +4.5% | 0.35% | +0.04 |
| FTEC Fidelity MSCI Info Tech Indx | Add +8.8% | 0.21% | +0.03 |
| SDVY First Trust Smid Cap Rising | Add +17.1% | 0.17% | +0.03 |
| XLK SS Technology Select Sector | Add +1.1% | 0.34% | +0.03 |
| PSEP Innovator U.S. Equity Power | Add +88.2% | 0.06% | +0.03 |
| ITA iShares U.S. Aerospace & Def | Add +28.3% | 0.11% | +0.03 |
| FTHI Fthi/First Trust Exchange-TR | Add +140.7% | 0.05% | +0.03 |
| CCL Carnival Corp. | Add +16.9% | 0.18% | +0.03 |
| IWY iShares Russell Top 200 Grow | Add +0.1% | 0.33% | +0.03 |
| EVMO Eaton Vance Mortgage Opp ETF | New | 0.03% | +0.03 |
| FSMD Fidelity Small-Mid Multifact | Add +16.4% | 0.15% | +0.03 |
| PYLD PIMCO Multisector Bond Actv | Add +34.1% | 0.10% | +0.03 |
| SLV iShares Silver Trust | Add +1.3% | 0.11% | +0.02 |
| JFLX JPMorgan Flexible Debt ETF | New | 0.02% | +0.02 |
| FEMR Fidelity Enh Emr MRKT ETF | Add +480.9% | 0.03% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +19.4% | 0.11% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +3.4% | 0.18% | +0.02 |
| RECS Columbia Resear Enh Cor ETF | Add +9.2% | 0.14% | +0.02 |
| CGUS Cap Group Core Equity | Add +7.1% | 0.19% | +0.02 |
| HOOD Robinhood Markets Inc. Class A | Add +21.8% | 0.05% | +0.02 |
| ILF iShares Latin America 40 ETF | Add +1477.5% | 0.02% | +0.02 |
| AMD Advanced Micro Devices | Add +4.3% | 0.14% | +0.02 |
| CGNG Cap Group New Geography Eq | Add +139.7% | 0.03% | +0.02 |
| FLCG Fed Hermes Large Cap Growth | Add +1.1% | 0.28% | +0.02 |
| THRO iShares U.S. Thematic Rotati | Add +37.3% | 0.06% | +0.02 |
| NCLH Norwegian Cruise Line Holdin | Add +7.8% | 0.08% | +0.02 |
| MRVL Marvell Technology Inc. | Add +60.8% | 0.04% | +0.02 |
| SCHG Schwab US Large-Cap Growth | Add +1.9% | 0.20% | +0.02 |
| SEPT All US Equ BUF10 Sep ETF-Usd | Add +673.9% | 0.02% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +3.4% | 0.11% | +0.02 |
| IYK iShares US Consumer Staples | Add +280.2% | 0.02% | +0.02 |
| VMC Vulcan Materials Co. | Add +104.3% | 0.03% | +0.02 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Add +19.9% | 0.08% | +0.02 |
| AVLV Avantis US Large Cap Value | Add +14.5% | 0.10% | +0.02 |
| SEPW Alianzim US Eq BFR20 Sep-Usd | Add +210.0% | 0.02% | +0.02 |
| VXF Vanguard Extended Market ETF | Add +16.9% | 0.08% | +0.02 |
| GSSC Goldman Sachs Activebeta US | Add +135.5% | 0.02% | +0.01 |
| PSH Pgim Short Duration High YLD | Add +2881.6% | 0.02% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +2.0% | 5,435 | $6.7M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -6.0% | 2,968 | $3.8M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +54.2% | 34,694 | $3.2M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +16.2% | 21,164 | $534K |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Sold out | 38,804 | $421Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +9.1% | 15,433 | $394K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Reduce -13.6% | 115,804 | $9K |
| LMP CAPITAL AND INCOME FUND | RIGHT 07/11/2025 | Sold out | 16,269 | $1Kbefore exit |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Add +3.2% | 15,186 | $0 |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | Add +0.2% | 24,141 | $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 2026 | 4,407 | $79.5B | AAPL, IVV, NVDA, QQQ, VEA |
| Q1 2026 | 4,289 | $71.6B | AAPL, IVV, NVDA, MSFT, VEA |
| Q4 2025 | 4,265 | $75.0B | AAPL, IVV, NVDA, MSFT, QQQ |
| Q3 2025 | 4,225 | $77.2B | AAPL, NVDA, IVV, MSFT, QQQ |
| Q2 2025 | 4,240 | $75.7B | AAPL, NVDA, IVV, MSFT, QQQ |
| Q1 2025 | 4,164 | $70.6B | AAPL, IVV, NVDA, MSFT, QQQ |
| Q4 2024 | 4,080 | $68.4B | AAPL, IVV, NVDA, MSFT, QQQ |
| Q3 2024 | 4,044 | $66.0B | AAPL, IVV, MSFT, NVDA, QQQ |
| Q2 2024 | 4,021 | $63.2B | AAPL, MSFT, NVDA, IVV, QQQ |
| Q1 2024 | 4,007 | $60.2B | AAPL, MSFT, IVV, NVDA, QQQ |