Crescent Grove Advisors, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Crescent Grove Advisors, LLC reported 285 stock positions worth $1.0 billion. Its top holding was Zurn Elkay Water Solutions C (ZWS) at 8.6% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.2%) and Dun & Bradstreet (DNB, 5.8%). Compared with Q1 2025, it opened 37 new positions, sold out of 13, added to 91 and reduced 77. The biggest buy was CDW (CDW, shares +13%) and the biggest sale iShares 0-1 Year Treasury Bo (SHV, shares −27%).

Most Recent 13F
Q2 2026
Location
LAKE FOREST, IL
CIK
0001713520
Portfolio Value
$1.0B (Q2 2025)
SEC Filing
0000892712-25-000095 ↗ filed Aug 13, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $958.9M Q1 2024 Q2 2024: $912.5M Q2 2024 Q3 2024: $980.0M Q3 2024 Q4 2024: $1.0B Q4 2024 Q1 2025: $959.5M Q1 2025 Q2 2025: $1.0B $1.0B Q2 2025 Q3 2025: $1.0B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.0B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 285 stocks · $1.0B
ZWS Zurn Elkay Water Solutions C 8.63% 2,435,447 $89.1M No change
IVV iShares Core S&P 500 ETF 6.21% 103,233 $64.1M Reduce -0.7%
DNB Dun & Bradstreet Holdings Inc. 5.82% 6,602,252 $60.0M Reduce -1.1%
VOO Vanguard S&P 500 ETF 4.60% 83,312 $47.5M Add +1.4%
SPY SS SPDR S&P 500 ETF Trust-US 3.54% 58,963 $36.5M Add +7.2%
CDW CDW Corp. 2.78% 160,740 $28.7M Add +12.6%
ICE Intercontinental Exchange Inc. 2.71% 152,541 $28.0M Add +0.0%
VTI VG Morningstar TS MKT ETF-US 2.61% 88,293 $26.9M Reduce -0.3%
IEMG iShares Core MSCI Emerging 2.01% 345,793 $20.8M Add +2.7%
QQQ Invesco QQQ Trust Series 1 2.00% 37,283 $20.6M Reduce -12.2%
SHV iShares 0-1 Year Treasury Bo 1.95% 182,560 $20.2M Reduce -27.0%
IJR iShares Core S&P Small-Cap E 1.93% 181,902 $19.9M Reduce -1.3%
UYLD Angel Oak Ultrashort Income 1.81% 366,664 $18.7M Reduce -19.5%
IJH iShares Core S&P Midcap ETF 1.77% 295,058 $18.3M Add +2.0%
IWF iShares Russell 1000 Growth 1.74% 42,327 $18.0M Reduce -1.6%
FNF Fidelity National Financial 1.66% 304,657 $17.1M Add +0.1%
IEFA iShares Core MSCI Eafe ETF 1.63% 201,256 $16.8M Add +0.1%
AAPL Apple Inc. 1.55% 78,196 $16.0M Reduce -1.1%
NATL NCR Atleos Corp. 1.52% 549,275 $15.7M Reduce -1.0%
IUSV iShares Core S&P U.S. Value 1.47% 160,119 $15.2M Add +0.2%
SGOV iShares 0-3 Month Treasury B 1.45% 148,874 $15.0M Add +20.0%
FIS Fidelity National Info Serv 1.39% 176,668 $14.4M Reduce -3.6%
ITOT iShares Core S&P Total U.S. 1.19% 91,007 $12.3M Reduce -2.5%
CARY Angel Oak Income ETF 1.05% 521,598 $10.8M Reduce -4.1%
VYM Vanguard High DVD Yield ETF 1.01% 78,452 $10.5M Add +6.5%
VYX NCR Voyix Corp. 0.95% 838,101 $9.8M Reduce -3.3%
XLF SS Financial Select Sector 0.94% 185,432 $9.7M Add +0.0%
XLE SS Energy Select Sector 0.94% 113,907 $9.7M Add +0.1%
IWP iShares Russell Mid-Cap Grow 0.83% 61,386 $8.5M Add +0.0%
SHY iShares 1-3 Year Treasury Bo 0.75% 93,044 $7.7M Add +75.8%
CARR Carrier Global Corp. 0.74% 104,643 $7.7M No change
ARLP Alliance Resource Partners 0.66% 260,081 $6.8M Add +30.4%
CNNE Cannae Holdings Inc. 0.66% 325,479 $6.8M No change
MSFT Microsoft Corp. 0.65% 13,558 $6.7M Reduce -0.1%
XBI SS SPDR S&P Biotech ETF 0.64% 79,675 $6.6M Reduce -5.3%
XLG Invesco S&P 500 Top 50 ETF 0.59% 117,638 $6.1M Reduce -1.0%
IWD iShares Russell 1000 Value E 0.59% 31,487 $6.1M Reduce -5.0%
VEA Vanguard Ftse Developed ETF 0.59% 106,820 $6.1M Add +1.4%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.57% 139,789 $5.9M Add +4.1%
IAU iShares Gold Trust 0.56% 93,287 $5.8M Add +16.6%
ET Energy Transfer LP 0.56% 316,889 $5.7M Add +47.6%
NVDA Nvidia Corp. 0.55% 35,877 $5.7M Reduce -2.1%
ARKW ARK Next Generation Technolo 0.53% 36,906 $5.4M Reduce -0.0%
EPD Enterprise Products Partners 0.49% 161,383 $5.0M Add +5.3%
IGSB iShares 1-5Y Inv Grade Corp. 0.47% 92,222 $4.9M Add +4.3%
EFA iShares MSCI Eafe ETF 0.46% 53,397 $4.8M No change
IWM iShares Russell 2000 ETF 0.46% 21,908 $4.7M Reduce -3.5%
IJS iShares S&P Small-Cap 600 Va 0.45% 46,790 $4.7M Add +1.9%
MPLX MPLX LP 0.44% 88,095 $4.5M Reduce -0.1%
IXUS iShares Core Intl Stock ETF 0.44% 58,085 $4.5M Add +3.2%
BIL SS SPDR BB 1-3M T-Bill ETF 0.43% 47,833 $4.4M Reduce -50.3%
XLI SS Industrial Select Sector 0.41% 28,818 $4.3M Add +16.5%
AMZN Amazon.com Inc. 0.41% 19,076 $4.2M Reduce -7.6%
IWO iShares Russell 2000 Growth 0.40% 14,550 $4.2M Add +0.8%
PAA Plains All Amer Pipeline LP 0.39% 220,540 $4.0M Add +10.1%
IBB iShares Biotechnology ETF 0.39% 31,672 $4.0M Reduce -2.3%
QUAL iShares MSCI USA Quality Fac 0.38% 21,614 $4.0M Reduce -3.4%
BRK.B Berkshire Hathaway Inc. Class B 0.37% 7,923 $3.8M Reduce -1.9%
DVYE iShares Emerging Markets Div 0.36% 131,280 $3.8M Add +7.4%
JEPI JPMorgan Equity Premium Inco 0.34% 61,161 $3.5M Add +35.6%
VXUS Vanguard Total Intl Stock 0.33% 48,586 $3.4M Add +0.0%
GSL Global Ship Lease Inc. Class A 0.32% 123,718 $3.3M Add +75.2%
EMXC iShares MSCI Emr MRK Ex Chna 0.29% 47,463 $3.0M Reduce -25.4%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.29% 55,052 $3.0M Add +36.0%
VZ Verizon Communications Inc. 0.27% 65,426 $2.8M Add +166.1%
TSLA Tesla Inc. 0.27% 8,874 $2.8M Reduce -2.0%
ASB Associated Banc-Corp. 0.27% 115,371 $2.8M No change
IDV iShares International Select 0.27% 80,298 $2.8M Add +12.6%
JPM JPMorgan Chase & Co. 0.27% 9,468 $2.7M Reduce -12.5%
GLD SPDR Gold Shares 0.27% 8,989 $2.7M Add +46.6%
VIG Vanguard Dividend Apprec ETF 0.26% 13,000 $2.7M No change
DVY iShares Select Dividend ETF 0.25% 19,504 $2.6M Add +24.4%
CIBR First Trust Nasdaq Cybersecu 0.25% 34,247 $2.6M Add +5.2%
GNR State Street SPDR S&P Global 0.25% 46,808 $2.5M Add +3.6%
SHW The Sherwin-Williams Co. 0.24% 7,198 $2.5M Reduce -0.4%
ARKK ARK Innovation ETF 0.23% 33,859 $2.4M Reduce -3.8%
SUN Sunoco LP 0.23% 43,419 $2.3M Add +68.3%
MAN Manpowergroup Inc. 0.21% 53,418 $2.2M Reduce -2.2%
PG The Procter & Gamble Co. 0.21% 13,337 $2.1M Reduce -1.2%
SPMD SS SPDR P S&P 400 Midcap ETF 0.20% 37,099 $2.0M Add +1.3%
QQQM Invesco Nasdaq 100 ETF 0.19% 8,829 $2.0M Add +7.2%
IWR iShares Russell Mid-Cap ETF 0.18% 20,451 $1.9M Add +5.1%
VWO Vanguard Ftse Emerging Marke 0.18% 37,688 $1.9M Add +3.8%
BX Blackstone Inc. 0.17% 11,679 $1.7M Reduce -4.2%
LNTH Lantheus Holdings Inc. 0.17% 21,073 $1.7M Reduce -5.8%
IHAK iShares Cybersecurity & Tech 0.17% 32,138 $1.7M No change
DTH Wisdomtree International Hig 0.16% 36,426 $1.7M Add +7.8%
SPSM SS SPDR P S&P 600 Small Cap 0.16% 38,017 $1.6M Reduce -3.0%
IGM iShares Expanded Tech Sector 0.16% 14,340 $1.6M No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.15% 4,335 $1.6M No change
XLP SS Consumer Staples Sel Sect 0.15% 18,629 $1.5M Add +3.8%
IBDR iShares Ibonds Dec 2026 Term 0.14% 60,812 $1.5M Reduce -20.8%
IJJ iShares S&P Mid-Cap 400 Valu 0.14% 11,694 $1.4M No change
BANC Banc of California Inc. 0.14% 100,428 $1.4M Add +0.7%
IWV iShares Russell 3000 ETF 0.14% 4,023 $1.4M No change
IXJ iShares Global Healthcare Et 0.13% 15,940 $1.4M No change
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.13% 13,255 $1.4M Add +1.5%
KXI iShares Global Consumer Stap 0.13% 20,700 $1.4M No change
IEF iShares 7-10 Year Treasury B 0.13% 13,646 $1.3M Add +67.5%
XOM Exxon Mobil Corp. 0.12% 11,745 $1.3M Reduce -22.8%
IVE iShares S&P 500 Value ETF 0.12% 6,330 $1.2M Reduce -0.6%
EEM iShares MSCI Emerging Market 0.12% 25,487 $1.2M Add +0.1%
ARKQ ARK Autonomous Tech & Robot 0.11% 13,088 $1.2M Add +2.2%
SPHD Invesco S&P 500 High Dividen 0.11% 24,268 $1.2M Add +121.9%
XT Ishar Fture Exp Tech ETF-Usd 0.11% 17,435 $1.1M Reduce -6.5%
ITA iShares U.S. Aerospace & Def 0.11% 5,904 $1.1M No change
TXT Textron Inc. 0.11% 13,626 $1.1M New
VTV Vanguard Mrngstr Val ETF-Aui 0.11% 6,149 $1.1M Add +17.9%
FG F&G Annuities & Life Inc. 0.10% 33,494 $1.1M Add +2.3%
META Meta Platforms Inc. Class A 0.10% 1,445 $1.1M Reduce -24.3%
GOOGL Alphabet Inc. Class A 0.10% 5,820 $1.0M Add +2.9%
NTRS Northern Trust Corp. 0.10% 8,028 $1.0M No change
IVW iShares S&P 500 Growth ETF 0.10% 9,291 $1.0M No change
ABBV Abbvie Inc. 0.10% 5,470 $1.0M Reduce -23.4%
HACK Amplify Cybersecurity ETF 0.09% 11,252 $972K No change
PM Philip Morris International 0.09% 5,131 $941K Add +0.0%
GOOG Alphabet Inc. Class C 0.09% 5,282 $937K Add +15.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 2,130 $935K Reduce -7.9%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.09% 7,056 $931K No change
GDX Vaneck Gold Miners ETF 0.09% 17,564 $914K Add +179.7%
IWN iShares Russell 2000 Value E 0.09% 5,698 $899K Reduce -12.5%
ARKG ARK Genomic Revolution ETF 0.09% 36,595 $891K Add +6.0%
WEAV Weave Communications Inc. 0.08% 103,101 $858K Add +61.3%
SPHQ Invesco S&P 500 Quality ETF 0.08% 12,035 $858K No change
ETN Eaton Corp. PLC 0.08% 2,328 $831K Add +25.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.08% 2,814 $830K No change
RSP Invesco S&P 500 Equal Weight 0.08% 4,558 $828K Add +51.5%
COST Costco Wholesale Corp. 0.08% 836 $828K Reduce -7.3%
AMD Advanced Micro Devices 0.08% 5,626 $798K Add +0.2%
RNMN Rivernorth MRKT Neutral ETF 0.08% 29,131 $788K New
IWS iShares Russell Mid-Cap Valu 0.07% 5,814 $768K No change
BUSE First Busey Corp. 0.07% 33,264 $761K No change
GSLC Goldman Activebeta US LC ETF 0.07% 6,179 $750K No change
TECL Dire Dai Tec Bull 3X ETF-Usd 0.07% 7,843 $736K Reduce -21.7%
SCHG Schwab US Large-Cap Growth 0.07% 24,969 $729K Add +0.1%
BRK.A Berkshire Hathaway Inc. Class A 0.07% 1 $729K No change
NAD Nuveen Quality Municipal Inc. 0.07% 63,596 $723K Reduce -0.4%
IGF iShares Global Infrastructur 0.07% 12,200 $722K No change
IJK iShares S&P Mid-Cap 400 Grow 0.07% 7,916 $720K Reduce -4.1%
EXAS Exact Sciences Corp. 0.07% 13,505 $718K Reduce -3.6%
ISCG iShares Morningstar Small-Ca 0.07% 14,337 $713K No change
BKNG Booking Holdings Inc. 0.07% 123 $712K No change
UPS United Parcel Service Class B 0.07% 6,918 $698K No change
GE General Electric filed as GE AEROSPACE 0.07% 2,608 $671K Add +44.6%
MYI BlackRock Muniyield QLTY III 0.06% 63,059 $665K Reduce -0.4%
MRK Merck & Co. Inc. 0.06% 8,301 $664K Add +0.4%
DKNG Draftkings Inc. Class A 0.06% 15,022 $644K No change
GS Goldman Sachs Group Inc. 0.06% 901 $638K Add +38.0%
ABT Abbott Laboratories 0.06% 4,575 $622K Reduce -32.9%
DFAI Dimensional International Co. 0.06% 17,355 $600K Add +3.9%
PSFE Paysafe Ltd. 0.06% 45,113 $569K Add +38.0%
SCHW Schwab (charles) Corp. 0.05% 6,169 $563K Reduce -6.8%
IBIT iShares Bitcoin Trust ETF 0.05% 9,010 $552K New
HDEF Xtrackers MSCI Eafe High Div 0.05% 18,968 $547K No change
BCD Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.05% 16,371 $543K No change
JNJ Johnson & Johnson 0.05% 3,459 $528K Reduce -12.9%
JNK SS SPDR BB High Yield Bond 0.05% 5,308 $516K Add +26.0%
GEV GE Vernova Inc. 0.05% 974 $515K Add +0.3%
VGK Vanguard Ftse Europe ETF 0.05% 6,518 $505K Add +8.9%
KO The Coca-Cola Co. 0.05% 7,015 $500K Reduce -14.7%
BLK BlackRock Inc. 0.05% 475 $498K Add +4.4%
V Visa Inc. Class A 0.05% 1,384 $492K Add +2.8%
IYW iShares Ustechnology ETF 0.05% 2,817 $488K No change
VB Vanguard Most SM-Cap ETF-Usd 0.05% 1,978 $470K New
KSS Kohls Corp. 0.05% 55,200 $468K No change
MDYV SS SPDR S&P 400 MC Val ETF 0.05% 5,864 $466K No change
NOBL Proshares S&P 500 Dividend A 0.04% 4,574 $463K No change
TDG Transdigm Group Inc. 0.04% 302 $459K No change
MU Micron Technology Inc. 0.04% 3,705 $457K Add +0.5%
VXF Vanguard Extended Market ETF 0.04% 2,308 $445K No change
CTAS Cintas Corp. 0.04% 1,976 $440K No change
HD Home Depot Inc. 0.04% 1,193 $437K Add +1.1%
CVS CVS Health Corp. 0.04% 6,306 $435K Add +0.5%
CVX Chevron Corp. 0.04% 2,992 $428K Reduce -14.3%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.04% 3,839 $425K Reduce -20.5%
BA The Boeing Co. 0.04% 1,961 $411K Reduce -13.9%
ACWX iShares MSCI Acwi Ex US ETF 0.04% 6,677 $407K No change
PRNT The 3D Printing ETF 0.04% 18,588 $406K No change
NXPI NXP Semiconductors NV 0.04% 1,838 $403K No change
SHEL Shell PLC-ADR 0.04% 5,727 $403K New
EUSA iShares MSCI USA Equal Weigh 0.04% 4,043 $401K Add +16.9%
MAS Masco Corp. 0.04% 6,170 $397K No change
IUSG iShares Core S&P U.S. Growth 0.04% 2,638 $397K No change
KRE SS SPDR S&P Regional Bank 0.04% 6,659 $395K No change
UNH Unitedhealth Group Inc. 0.04% 1,262 $394K Reduce -1.5%
MFC Manulife Financial Corp. 0.04% 12,216 $390K Add +0.8%
FDVV Fidelity High Dividend ETF 0.04% 7,367 $383K No change
UL Unilever PLC 0.04% 6,229 $381K Add +0.1%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.04% 4,636 $379K Add +0.2%
MMM 3M Co. 0.04% 2,451 $373K No change
ILTB iShares Core 10+ Year Usd Bo 0.04% 7,360 $364K New
IP International Paper Co. 0.04% 7,750 $363K No change
NFLX Netflix Inc. 0.04% 270 $362K New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.04% 1,260 $361K Add +3.6%
IJT iShares S&P Small-Cap 600 GR 0.03% 2,669 $355K Reduce -3.8%
MELI MercadoLibre Inc. 0.03% 134 $350K Add +5.5%
EDIV State Street SPDR S&P Emergi 0.03% 9,127 $348K No change
ACN Accenture PLC Class A 0.03% 1,156 $346K Reduce -0.7%
AVGO Broadcom Inc. 0.03% 1,251 $345K Reduce -30.8%
WMT Walmart Inc. 0.03% 3,515 $344K Add +36.9%
QUAD Quad Graphics Inc. 0.03% 60,490 $342K No change
RIO Rio Tinto PLC-Spon ADR 0.03% 5,821 $340K New
IWB iShares Russell 1000 ETF 0.03% 994 $338K No change
ACGL Arch Capital Group Ltd. 0.03% 3,702 $337K Add +3.1%
OKLO Oklo Inc. 0.03% 5,988 $335K New
EFV iShares MSCI Eafe Value ETF 0.03% 5,262 $334K No change
ROP Roper Technologies Inc. 0.03% 575 $326K Add +0.5%
CMCSA Comcast Corp. Class A 0.03% 9,118 $325K Reduce -3.7%
OCSL Oaktree Specialty Lending Co. 0.03% 23,765 $325K No change
FIDELITY NATL INFORMATION SV 0.03% 3,800 $323K New
SCZ iShares MSCI Eafe Small-Cap 0.03% 4,419 $321K Add +1.5%
ALL Allstate Corp. 0.03% 1,544 $312K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.03% 1,117 $310K Add +2.0%
AGG iShares Core U.S. Aggregate 0.03% 3,091 $307K Reduce -2.4%
AAXJ iShares MSCI All Country Asi 0.03% 3,690 $305K Add +0.7%
XTNT Xtant Medical Holdings Inc. 0.03% 412,024 $304K Add +94.3%
VST Vistra Corp. 0.03% 1,564 $303K Reduce -48.0%
TSM Taiwan Semiconductor-SP ADR 0.03% 1,322 $300K Reduce -51.5%
ARKF ARK Blockchain & Fintech Inn 0.03% 5,962 $300K New
CRWD CrowdStrike Holdings Inc. Class A 0.03% 580 $295K Reduce -10.1%
T AT&T Inc. 0.03% 10,201 $295K Reduce -21.1%
CMC Commercial Metals Co. 0.03% 5,990 $294K No change
SCHD Schwab US DVD Equity ETF 0.03% 11,021 $292K Add +0.8%
NEM Newmont Corp. 0.03% 4,923 $287K New
MCD McDonald's Corp. 0.03% 979 $286K Reduce -16.2%
SCHB Schwab US Broad Market ETF 0.03% 12,000 $286K No change
AEM Agnico Eagle Mines Ltd. 0.03% 2,384 $284K New
UBER Uber Technologies Inc. 0.03% 3,015 $281K New
PLTR Palantir Technologies Inc. Class A 0.03% 2,048 $279K New
PAAS Pan American Silver Corp. 0.03% 9,777 $278K New
DFIN Donnelley Financial Solution 0.03% 4,501 $277K New
IGRO iShares Intl Div Growth ETF 0.03% 3,516 $277K No change
XLB SS Materials Select Sector 0.03% 3,152 $277K No change
ADSK Autodesk Inc. 0.03% 886 $274K Add +1.8%
EQT Eqt Corp. 0.03% 4,685 $273K New
ROK Rockwell Automation Inc. 0.03% 822 $273K New
COIN Coinbase Global Inc. Class A 0.03% 777 $272K Reduce -38.2%
IHF iShares U.S. Healthcare Prov 0.03% 5,530 $269K No change
SDY SS SPDR S&P Dividend ETF 0.03% 1,972 $268K No change
DKS Dick's Sporting Goods Inc. 0.03% 1,351 $267K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.03% 2,162 $267K No change
XLRE SS Real Estate Select Sector 0.03% 6,442 $267K No change
IWC iShares Micro-Cap ETF 0.03% 2,090 $267K No change
SCHA Schwab US Small-Cap ETF 0.03% 10,540 $267K No change
APAM Artisan Partners Asset Ma -A 0.03% 6,000 $266K No change
LNG Cheniere Energy Inc. 0.03% 1,073 $261K New
VIGI Vanguard Int Div App Indx FD 0.02% 2,850 $257K No change
GRPM Invesco S&P Midcap 400 Garp 0.02% 2,300 $251K No change
FNDX Schwab Fndmntl US LRG Co. ETF 0.02% 10,216 $251K New
KBE SS SPDR S&P Bank ETF 0.02% 4,463 $249K No change
CEG Constellation Energy 0.02% 741 $239K New
XLK SS Technology Select Sector 0.02% 928 $235K New
LLY Eli Lilly & Co. 0.02% 300 $234K New
XAR SS SPDR S&P Aerospace Def 0.02% 1,107 $233K New
PFF iShares Preferred & Income S 0.02% 7,525 $231K Reduce -83.8%
CSCO Cisco Systems Inc. 0.02% 3,307 $229K Reduce -15.0%
TLN Talen Energy Corp. 0.02% 772 $224K Reduce -45.9%
OEF iShares S&P 100 ETF 0.02% 734 $223K New
MUB iShares National Muni Bond E 0.02% 2,136 $223K Reduce -26.4%
AMGN Amgen Inc. 0.02% 797 $223K No change
BAM Brookfield Asset Mgmt-A 0.02% 3,957 $219K New
CRM Salesforce Inc. 0.02% 794 $217K Reduce -0.9%
FBTC Fidelity Wise Origin Bitcoin 0.02% 2,300 $216K New
SBAC SBA Communications Corp. 0.02% 914 $215K No change
XLV SS Health Care Select Sector 0.02% 1,592 $215K Reduce -12.4%
OKE Oneok Inc. 0.02% 2,621 $214K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.02% 2,929 $213K New
CMI Cummins Inc. 0.02% 644 $211K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.02% 1,263 $209K No change
DXCM Dexcom Inc. 0.02% 2,388 $208K New
NWL Newell Brands Inc. 0.02% 38,415 $207K No change
FNDE Schwab Fndmntl Em MRK Eq ETF 0.02% 6,245 $206K New
BMY Bristol-Myers Squibb Co. 0.02% 4,430 $205K No change
VEU Vanguard Ftse All-World Ex-U 0.02% 3,040 $204K New
IYG iShares U.S. Financial Servi 0.02% 2,379 $204K New
EMR Emerson Electric Co. 0.02% 1,513 $202K New
VIS Vanguard Industrials ETF 0.02% 717 $201K New
VALE Vale SA-SP ADR 0.02% 17,049 $166K New
BTZ BlackRock Credit Allocation 0.01% 13,500 $147K No change
CCLD Carecloud Inc. 0.01% 60,000 $142K Reduce -66.7%
ALIT Alight Inc. Class A 0.01% 19,800 $112K No change
NDLS Noodles & Co. 0.00% 35,085 $25K No change
VERU Veru Inc. 0.00% 15,000 $9K No change
IMUX Immunic Inc. 0.00% 10,000 $7K No change
FUSION FUEL GREEN PLC 0.00% 15,000 $3K No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $258K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 212$257KNo change
PSEWF Paysafe Ltd. -CW26 *W EXP 03/30/202 33,333$550No change

Total filed on the 13F, all lines: $1.0B.

Portfolio Sells Q1 2025 → Q2 2025
SHV iShares 0-1 Year Treasury Bo Reduce -27.0% 1.95% −0.93
UYLD Angel Oak Ultrashort Income Reduce -19.5% 1.81% −0.62
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -50.3% 0.43% −0.50
DNB Dun & Bradstreet Holdings Inc. Reduce -1.1% 5.82% −0.41
AAPL Apple Inc. Reduce -1.1% 1.55% −0.28
CARY Angel Oak Income ETF Reduce -4.1% 1.05% −0.13
PFF iShares Preferred & Income S Reduce -83.8% 0.02% −0.13
MAN Manpowergroup Inc. Reduce -2.2% 0.21% −0.12
SPYI Neos S&P 500 High Income ETF Sold out 0.00% −0.11
LISTED FD TR Sold out 0.00% −0.08
UNP Union Pacific Corp. Sold out 0.00% −0.08
QQQ Invesco QQQ Trust Series 1 Reduce -12.2% 2.00% −0.08
IJR iShares Core S&P Small-Cap E Reduce -1.3% 1.93% −0.08
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.9% 0.37% −0.08
EMXC iShares MSCI Emr MRK Ex Chna Reduce -25.4% 0.29% −0.07
XBI SS SPDR S&P Biotech ETF Reduce -5.3% 0.64% −0.07
XOM Exxon Mobil Corp. Reduce -22.8% 0.12% −0.07
LNTH Lantheus Holdings Inc. Reduce -5.8% 0.17% −0.06
CSX CSX Corp. Sold out 0.00% −0.06
IWD iShares Russell 1000 Value E Reduce -5.0% 0.59% −0.06
ABBV Abbvie Inc. Reduce -23.4% 0.10% −0.06
MPLX MPLX LP Reduce -0.1% 0.44% −0.05
IBDR iShares Ibonds Dec 2026 Term Reduce -20.8% 0.14% −0.05
ETWO E2OPEN Parent Holdings Inc. Sold out 0.00% −0.05
IBB iShares Biotechnology ETF Reduce -2.3% 0.39% −0.04
NSC Norfolk Southern Corp. Sold out 0.00% −0.04
ABT Abbott Laboratories Reduce -32.9% 0.06% −0.03
PG The Procter & Gamble Co. Reduce -1.2% 0.21% −0.03
FIS Fidelity National Info Serv Reduce -3.6% 1.39% −0.03
UNH Unitedhealth Group Inc. Reduce -1.5% 0.04% −0.03
SEVN Seven Hills Realty Trust Sold out 0.00% −0.03
BP BP PLC-Spons ADR Sold out 0.00% −0.03
PANW Palo Alto Networks Inc. Sold out 0.00% −0.02
SHW The Sherwin-Williams Co. Reduce -0.4% 0.24% −0.02
LULU Lululemon Athletica Inc. Sold out 0.00% −0.02
INFL Horizon Kinetics Infl Benef Sold out 0.00% −0.02
MRSH Marsh & McLennan Cos Sold out 0.00% −0.02
CVX Chevron Corp. Reduce -14.3% 0.04% −0.02
TSM Taiwan Semiconductor-SP ADR Reduce -51.5% 0.03% −0.02
JNJ Johnson & Johnson Reduce -12.9% 0.05% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -3.4% 0.38% −0.02
IWN iShares Russell 2000 Value E Reduce -12.5% 0.09% −0.02
IWM iShares Russell 2000 ETF Reduce -3.5% 0.46% −0.01
KO The Coca-Cola Co. Reduce -14.7% 0.05% −0.01
CCLD Carecloud Inc. Reduce -66.7% 0.01% −0.01
META Meta Platforms Inc. Class A Reduce -24.3% 0.10% −0.01
JPM JPMorgan Chase & Co. Reduce -12.5% 0.27% −0.01
MUB iShares National Muni Bond E Reduce -26.4% 0.02% −0.01
MCD McDonald's Corp. Reduce -16.2% 0.03% −0.01
T AT&T Inc. Reduce -21.1% 0.03% −0.01

Portfolio Buys Q1 2025 → Q2 2025
CDW CDW Corp. Add +12.6% 2.78% +0.40
SPY SS SPDR S&P 500 ETF Trust-US Add +7.2% 3.54% +0.33
SHY iShares 1-3 Year Treasury Bo Add +75.8% 0.75% +0.29
VOO Vanguard S&P 500 ETF Add +1.4% 4.60% +0.20
VZ Verizon Communications Inc. Add +166.1% 0.27% +0.16
SGOV iShares 0-3 Month Treasury B Add +20.0% 1.45% +0.15
GSL Global Ship Lease Inc. Class A Add +75.2% 0.32% +0.15
ET Energy Transfer LP Add +47.6% 0.56% +0.14
IEMG iShares Core MSCI Emerging Add +2.7% 2.01% +0.12
TXT Textron Inc. New 0.11% +0.11
ARLP Alliance Resource Partners Add +30.4% 0.66% +0.09
GLD SPDR Gold Shares Add +46.6% 0.27% +0.08
RNMN Rivernorth MRKT Neutral ETF New 0.08% +0.08
XLI SS Industrial Select Sector Add +16.5% 0.41% +0.07
IWP iShares Russell Mid-Cap Grow Add +0.0% 0.83% +0.07
IAU iShares Gold Trust Add +16.6% 0.56% +0.07
JEPQ JPM Nasdaq Equity Premium Add +36.0% 0.29% +0.07
SUN Sunoco LP Add +68.3% 0.23% +0.07
JEPI JPMorgan Equity Premium Inco Add +35.6% 0.34% +0.07
GDX Vaneck Gold Miners ETF Add +179.7% 0.09% +0.06
SPHD Invesco S&P 500 High Dividen Add +121.9% 0.11% +0.05
IBIT iShares Bitcoin Trust ETF New 0.05% +0.05
IEF iShares 7-10 Year Treasury B Add +67.5% 0.13% +0.05
VB Vanguard Most SM-Cap ETF-Usd New 0.05% +0.05
IEFA iShares Core MSCI Eafe ETF Add +0.1% 1.63% +0.04
SHEL Shell PLC-ADR New 0.04% +0.04
IDV iShares International Select Add +12.6% 0.27% +0.04
CIBR First Trust Nasdaq Cybersecu Add +5.2% 0.25% +0.04
ILTB iShares Core 10+ Year Usd Bo New 0.04% +0.04
NFLX Netflix Inc. New 0.04% +0.04
RIO Rio Tinto PLC-Spon ADR New 0.03% +0.03
OKLO Oklo Inc. New 0.03% +0.03
VEA Vanguard Ftse Developed ETF Add +1.4% 0.59% +0.03
DVY iShares Select Dividend ETF Add +24.4% 0.25% +0.03
FIDELITY NATL INFORMATION SV New 0.03% +0.03
ARKF ARK Blockchain & Fintech Inn New 0.03% +0.03
QQQM Invesco Nasdaq 100 ETF Add +7.2% 0.19% +0.03
ETN Eaton Corp. PLC Add +25.4% 0.08% +0.03
NEM Newmont Corp. New 0.03% +0.03
AEM Agnico Eagle Mines Ltd. New 0.03% +0.03
GE General Electric Add +44.6% 0.07% +0.03
UBER Uber Technologies Inc. New 0.03% +0.03
PLTR Palantir Technologies Inc. Class A New 0.03% +0.03
DFIN Donnelley Financial Solution New 0.03% +0.03
PAAS Pan American Silver Corp. New 0.03% +0.03
EQT Eqt Corp. New 0.03% +0.03
ROK Rockwell Automation Inc. New 0.03% +0.03
RSP Invesco S&P 500 Equal Weight Add +51.5% 0.08% +0.03
DKS Dick's Sporting Goods Inc. New 0.03% +0.03
IXUS iShares Core Intl Stock ETF Add +3.2% 0.44% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 296$1.2BZWS, IVV, VOO, SPY, VTI
Q1 2026 299$1.0BIVV, ZWS, VOO, SPY, VTI
Q4 2025 294$1.1BZWS, IVV, VOO, SPY, VTI
Q3 2025 289$1.0BZWS, IVV, VOO, SPY, VTI
Q2 2025 285$1.0BZWS, IVV, DNB, VOO, SPY
Q1 2025 261$959.5MZWS, DNB, IVV, VOO, SPY
Q4 2024 275$1.0BZWS, DNB, IVV, VOO, SPY
Q3 2024 274$980.0MZWS, DNB, IVV, VOO, SPY
Q2 2024 274$912.5MZWS, IVV, DNB, VOO, SPY
Q1 2024 298$958.9MZWS, DNB, IVV, FIS, VYX