D.A. Davidson & Co.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), D.A. Davidson & Co. reported 1,385 stock positions worth $12.4 billion. Its top holding was Vanguard Mrngstr Val ETF-Aui (VTV) at 7.2% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 5.1%) and iShares Core Intl Stock ETF (IXUS, 4.0%). Compared with Q4 2024, it opened 85 new positions, sold out of 98, added to 697 and reduced 517. The biggest buy was Cap Group Dividend Value (CGDV, shares +739%) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- GREAT FALLS, MT
- CIK
- 0001080107
- Portfolio Value
- $12.4B (Q1 2025)
- SEC Filing
- 0001080107-25-000004 ↗ filed Apr 28, 2025
Holdings Value
Holdings 1,385 stocks · $12.4B
| VTV Vanguard Mrngstr Val ETF-Aui | 7.20% | 5,184,807 | $895.6M | Add +1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 5.11% | 1,713,329 | $635.3M | Reduce -1.5% |
| IXUS iShares Core Intl Stock ETF | 4.05% | 7,216,790 | $503.8M | Add +4.0% |
| AGG iShares Core U.S. Aggregate | 3.53% | 4,436,224 | $438.8M | Add +4.8% |
| AAPL Apple Inc. | 2.66% | 1,488,352 | $330.6M | Reduce -1.8% |
| MSFT Microsoft Corp. | 2.26% | 750,824 | $281.9M | Add +1.6% |
| VEA Vanguard Ftse Developed ETF | 1.48% | 3,611,201 | $183.6M | Add +1.1% |
| SPIB SS SPDR P Int C Corp. ETF | 1.47% | 5,485,111 | $182.3M | Add +6.2% |
| IWN iShares Russell 2000 Value E | 1.38% | 1,134,640 | $171.3M | Add +5.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.23% | 557,902 | $153.3M | Add +4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.21% | 282,840 | $150.6M | Add +2.4% |
| COST Costco Wholesale Corp. | 1.17% | 154,350 | $146.0M | Add +0.6% |
| AMZN Amazon.com Inc. | 1.06% | 692,759 | $131.8M | Add +3.8% |
| IWF iShares Russell 1000 Growth | 1.05% | 361,876 | $130.7M | Reduce -1.7% |
| IWO iShares Russell 2000 Growth | 1.02% | 494,554 | $126.4M | Add +3.6% |
| V Visa Inc. Class A | 0.99% | 350,767 | $122.9M | Add +1.2% |
| VOO Vanguard S&P 500 ETF | 0.94% | 227,621 | $117.0M | Add +3.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.93% | 3,241,910 | $115.5M | Add +739.0% |
| AVGO Broadcom Inc. | 0.92% | 686,704 | $115.0M | Reduce -1.8% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.89% | 922,596 | $110.5M | Add +2.8% |
| NVDA Nvidia Corp. | 0.87% | 1,003,603 | $108.8M | Add +1.6% |
| RTX RTX Corp. | 0.83% | 784,434 | $103.9M | Add +0.7% |
| JPM JPMorgan Chase & Co. | 0.82% | 413,795 | $101.5M | Add +1.8% |
| IVV iShares Core S&P 500 ETF | 0.77% | 171,515 | $96.4M | Reduce -2.4% |
| QUAL iShares MSCI USA Quality Fac | 0.75% | 545,008 | $93.1M | Add +7.8% |
| JNJ Johnson & Johnson | 0.74% | 552,320 | $91.6M | Reduce -0.5% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.71% | 1,058,274 | $88.1M | Add +3.2% |
| VYM Vanguard High DVD Yield ETF | 0.68% | 656,794 | $84.7M | Add +1.9% |
| ADP Automatic Data Processing | 0.65% | 262,858 | $80.3M | Add +1.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.61% | 161,960 | $75.9M | Reduce -0.0% |
| CB Chubb Ltd. | 0.60% | 245,612 | $74.2M | Add +2.2% |
| VWO Vanguard Ftse Emerging Marke | 0.59% | 1,631,119 | $73.8M | Add +3.2% |
| DFAX Dimensional World Ex US Core | 0.58% | 2,766,610 | $72.5M | Add +3.8% |
| AMGN Amgen Inc. | 0.58% | 232,425 | $72.4M | Add +3.6% |
| CMI Cummins Inc. | 0.57% | 228,083 | $71.5M | Add +0.0% |
| PRF Invesco Rafi US 1000 ETF | 0.57% | 1,767,970 | $71.4M | Add +2.7% |
| BSV Vanguard Short-Term Bond ETF | 0.57% | 901,522 | $70.6M | Add +4.4% |
| GOOGL Alphabet Inc. Class A | 0.54% | 437,910 | $67.7M | Add +1.8% |
| CVX Chevron Corp. | 0.53% | 396,116 | $66.3M | Add +2.1% |
| PEP Pepsico Inc. | 0.53% | 439,208 | $65.9M | Add +0.9% |
| QCOM Qualcomm Inc. | 0.53% | 426,220 | $65.5M | Reduce -0.3% |
| SPGI S&P Global Inc. | 0.45% | 110,512 | $56.2M | Reduce -0.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.43% | 96,040 | $53.7M | Add +0.8% |
| ABBV Abbvie Inc. | 0.43% | 252,633 | $52.9M | Add +1.1% |
| FTHI Fthi/First Trust Exchange-TR | 0.42% | 2,406,024 | $52.6M | Add +2124.1% |
| XOM Exxon Mobil Corp. | 0.42% | 435,551 | $51.8M | Add +0.4% |
| SCHD Schwab US DVD Equity ETF | 0.41% | 1,827,847 | $51.1M | Reduce -47.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.41% | 64 | $51.1M | Add +1.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.40% | 202,632 | $50.4M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.40% | 551,950 | $49.5M | Reduce -2.5% |
| PFE Pfizer Inc. | 0.39% | 1,938,501 | $49.1M | Add +10.2% |
| RDVY First Trust Rising Dividend | 0.39% | 826,259 | $48.4M | Add +13.3% |
| VXUS Vanguard Total Intl Stock | 0.37% | 749,775 | $46.6M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.37% | 297,000 | $46.4M | Add +2.9% |
| META Meta Platforms Inc. Class A | 0.37% | 79,651 | $45.9M | Add +5.2% |
| NVS Novartis AG-Sponsored ADR | 0.36% | 399,331 | $44.5M | Reduce -14.1% |
| NEE Nextera Energy Inc. | 0.34% | 605,495 | $42.9M | Add +1.2% |
| ACN Accenture PLC Class A | 0.32% | 126,831 | $39.6M | Add +13.9% |
| MCD McDonald's Corp. | 0.30% | 120,823 | $37.7M | Add +1.0% |
| LLY Eli Lilly & Co. | 0.29% | 43,900 | $36.3M | Add +5.3% |
| FISV Fiserv Inc. | 0.29% | 163,664 | $36.1M | Add +3.1% |
| BND Vanguard Total Bond Market | 0.28% | 478,583 | $35.2M | Add +0.4% |
| PG The Procter & Gamble Co. | 0.28% | 206,200 | $35.1M | Add +5.2% |
| DE Deere & Co. | 0.28% | 74,719 | $35.1M | Reduce -3.4% |
| UNP Union Pacific Corp. | 0.28% | 147,580 | $34.9M | Reduce -1.4% |
| VIG Vanguard Dividend Apprec ETF | 0.28% | 178,910 | $34.7M | Add +0.0% |
| WMT Walmart Inc. | 0.28% | 394,203 | $34.6M | Add +6.4% |
| RLY SS Multi-Asset Real Ret ETF | 0.27% | 1,194,795 | $34.1M | Add +5.6% |
| LOW Lowe's Cos Inc. | 0.26% | 140,789 | $32.8M | Add +2.6% |
| GS Goldman Sachs Group Inc. | 0.26% | 59,718 | $32.6M | Add +28.0% |
| ESGD iShares Trust iShares ESG Aw | 0.26% | 396,506 | $32.4M | Reduce -1.7% |
| SYK Stryker Corp. | 0.25% | 82,711 | $30.8M | Add +0.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.25% | 561,311 | $30.7M | Add +5.6% |
| RSP Invesco S&P 500 Equal Weight | 0.24% | 172,960 | $30.0M | Add +6.3% |
| IWM iShares Russell 2000 ETF | 0.24% | 150,091 | $29.9M | Add +5.8% |
| SCHW Schwab (charles) Corp. | 0.24% | 380,259 | $29.8M | Add +0.5% |
| EUSA iShares MSCI USA Equal Weigh | 0.24% | 317,384 | $29.7M | Reduce -2.2% |
| IJH iShares Core S&P Midcap ETF | 0.24% | 503,638 | $29.4M | Add +4.3% |
| CSCO Cisco Systems Inc. | 0.23% | 469,637 | $29.0M | Reduce -4.2% |
| DUK Duke Energy Corp. | 0.23% | 234,464 | $28.6M | Add +2.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 289,702 | $28.6M | Add +4.8% |
| EFA iShares MSCI Eafe ETF | 0.23% | 349,148 | $28.5M | Reduce -0.3% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 270,007 | $28.2M | Add +2.7% |
| EOG EOG Resources Inc. | 0.23% | 218,983 | $28.1M | Add +5.2% |
| HD Home Depot Inc. | 0.22% | 75,392 | $27.6M | Add +0.5% |
| IWR iShares Russell Mid-Cap ETF | 0.22% | 314,807 | $26.8M | Add +2.9% |
| CAT Caterpillar Inc. | 0.21% | 80,856 | $26.7M | Add +3.1% |
| ADSK Autodesk Inc. | 0.21% | 99,577 | $26.1M | Add +2.0% |
| TSLA Tesla Inc. | 0.20% | 97,251 | $25.2M | Add +15.8% |
| BA The Boeing Co. | 0.20% | 145,534 | $24.8M | Add +21.4% |
| FTCS First Trust Capital Strength | 0.20% | 275,723 | $24.7M | Reduce -21.5% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.20% | 79,173 | $24.5M | Add +6.6% |
| FV First Trust DW Focus 5 Fund | 0.19% | 434,478 | $23.8M | Reduce -1.3% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 382,245 | $23.3M | Reduce -1.0% |
| VZ Verizon Communications Inc. | 0.19% | 509,141 | $23.1M | Add +5.5% |
| ECL Ecolab Inc. | 0.18% | 89,251 | $22.6M | Add +11.8% |
| KO The Coca-Cola Co. | 0.18% | 313,951 | $22.5M | Reduce -4.4% |
| BX Blackstone Inc. | 0.18% | 159,424 | $22.3M | Reduce -2.2% |
| UNH Unitedhealth Group Inc. | 0.18% | 42,486 | $22.3M | Add +1.7% |
| CGCB Cap Group Core Bond | 0.18% | 843,719 | $22.2M | Add +25.6% |
Options reported separately and not counted above: TSLA calls ($505K), WSM puts ($8K), MS puts ($8K), BROS calls ($4K), MDT puts ($3K), NVO calls ($2K), PRM calls ($1K), DKS puts ($1K), RSP calls ($800), NAGE calls ($360), CCJ calls ($284), ON calls ($258), and 1 more.
Other holdings (8): bonds, preferreds, convertibles and warrants · $7.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 116,327 | $2.7M | Reduce -2.0% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 77,026 | $1.9M | Add +3.2% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,009 | $1.2M | Add +0.8% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 20,116 | $917K | Add +4.2% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 736 | $909K | Reduce -9.4% |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | 52,000 | $52K | No change |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 50,000 | $50K | No change |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 25,000 | $25K | No change |
Total filed on the 13F, all lines: $12.5B.
Portfolio Sells Q4 2024 → Q1 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.5% | 5.11% | −0.71 |
| AAPL Apple Inc. | Reduce -1.8% | 2.66% | −0.43 |
| AVGO Broadcom Inc. | Reduce -1.8% | 0.92% | −0.40 |
| SCHD Schwab US DVD Equity ETF | Reduce -47.6% | 0.41% | −0.36 |
| IWF iShares Russell 1000 Growth | Reduce -1.7% | 1.05% | −0.15 |
| UPS United Parcel Service Class B | Reduce -23.8% | 0.14% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -2.4% | 0.77% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.0% | 0.61% | −0.06 |
| CRM Salesforce Inc. | Reduce -21.7% | 0.10% | −0.06 |
| MRK Merck & Co. Inc. | Reduce -2.5% | 0.40% | −0.06 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -35.6% | 0.07% | −0.06 |
| FTCS First Trust Capital Strength | Reduce -21.5% | 0.20% | −0.05 |
| BX Blackstone Inc. | Reduce -2.2% | 0.18% | −0.05 |
| PNC PNC Financial Services Group | Reduce -15.3% | 0.16% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -21.2% | 0.11% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -84.4% | 0.01% | −0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -90.6% | 0.00% | −0.04 |
| TGT Target Corp. | Reduce -4.4% | 0.10% | −0.04 |
| VMI Valmont Industries | Reduce -24.8% | 0.08% | −0.04 |
| JHMM John Hancock Multi Fact Mid | Reduce -66.0% | 0.02% | −0.03 |
| PWR Quanta Services Inc. | Reduce -3.1% | 0.11% | −0.03 |
| STZ Constellation Brands Inc. Class A | Reduce -12.5% | 0.07% | −0.03 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -57.3% | 0.03% | −0.03 |
| MRVL Marvell Technology Inc. | Reduce -17.6% | 0.02% | −0.03 |
| ALK Alaska Air Group Inc. | Reduce -2.6% | 0.07% | −0.03 |
| NICE Nice Ltd. - Spon ADR | Sold out | 0.00% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -14.9% | 0.08% | −0.03 |
| FBND Fidelity Total Bond ETF | Reduce -81.1% | 0.01% | −0.03 |
| FXN First Trust Energy Alphadex | Reduce -94.1% | 0.00% | −0.02 |
| IONQ Ionq Inc. | Reduce -63.8% | 0.01% | −0.02 |
| MCHI iShares MSCI China ETF | Reduce -88.1% | 0.00% | −0.02 |
| WLY Wiley (john) & Sons Class A | Sold out | 0.00% | −0.02 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.7% | 0.16% | −0.02 |
| MCY Mercury General Corp. | Reduce -82.1% | 0.00% | −0.02 |
| FV First Trust DW Focus 5 Fund | Reduce -1.3% | 0.19% | −0.02 |
| SJM The JM Smucker Co. | Reduce -70.8% | 0.01% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -8.4% | 0.06% | −0.02 |
| HON Honeywell International Inc. | Reduce -10.1% | 0.09% | −0.02 |
| TDIV FT Nasdaq Tech DVD Index FD | Reduce -5.6% | 0.12% | −0.02 |
| SCHG Schwab US Large-Cap Growth | Reduce -5.8% | 0.09% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Reduce -24.3% | 0.05% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -27.0% | 0.04% | −0.02 |
| IBKR Interactive Brokers Gro Class A | Sold out | 0.00% | −0.02 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.02 |
| PPG PPG Industries Inc. | Reduce -13.1% | 0.06% | −0.02 |
| BUD Anheuser-Busch Inbev-SPN ADR | Reduce -72.2% | 0.01% | −0.01 |
| SHM SS SPDR N Ice St Muni ETF | Sold out | 0.00% | −0.01 |
| XLK SS Technology Select Sector | Reduce -4.7% | 0.07% | −0.01 |
| CSX CSX Corp. | Reduce -5.8% | 0.08% | −0.01 |
| GDXJ Vaneck Junior Gold Miners | Reduce -90.6% | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| CGDV Cap Group Dividend Value | Add +739.0% | 0.93% | +0.82 |
| FTHI Fthi/First Trust Exchange-TR | Add +2124.1% | 0.42% | +0.40 |
| IXUS iShares Core Intl Stock ETF | Add +4.0% | 4.05% | +0.31 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.4% | 1.21% | +0.19 |
| AGG iShares Core U.S. Aggregate | Add +4.8% | 3.53% | +0.19 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.4% | 7.20% | +0.15 |
| JBND JPMorgan Active Bond ETF | New | 0.12% | +0.12 |
| AMGN Amgen Inc. | Add +3.6% | 0.58% | +0.11 |
| RTX RTX Corp. | Add +0.7% | 0.83% | +0.10 |
| V Visa Inc. Class A | Add +1.2% | 0.99% | +0.10 |
| PLD Prologis Inc. | Add +109.9% | 0.17% | +0.09 |
| SPIB SS SPDR P Int C Corp. ETF | Add +6.2% | 1.47% | +0.09 |
| VEA Vanguard Ftse Developed ETF | Add +1.1% | 1.48% | +0.08 |
| CVX Chevron Corp. | Add +2.1% | 0.53% | +0.07 |
| PULS Pgim Ultra Short Bond ETF | Add +3200.4% | 0.07% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +1.6% | 0.41% | +0.07 |
| FTGS First Trust Grwth Strgth ETF | Add +881.2% | 0.07% | +0.07 |
| ABBV Abbvie Inc. | Add +1.1% | 0.43% | +0.06 |
| TLT iShares 20+ Year Treasury BD | Add +73.1% | 0.14% | +0.06 |
| CPAY Corpay Inc. | Add +2015.3% | 0.06% | +0.06 |
| CB Chubb Ltd. | Add +2.2% | 0.60% | +0.06 |
| DVN Devon Energy Corp. | Add +70.8% | 0.10% | +0.05 |
| TCAF T Rowe PRC Cap Appreciation | Add +146.0% | 0.08% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +28.0% | 0.26% | +0.04 |
| DFAX Dimensional World Ex US Core | Add +3.8% | 0.58% | +0.04 |
| GLD SPDR Gold Shares | Add +22.7% | 0.12% | +0.04 |
| RDVY First Trust Rising Dividend | Add +13.3% | 0.39% | +0.04 |
| CGCB Cap Group Core Bond | Add +25.6% | 0.18% | +0.04 |
| PSX Phillips 66 | Add +52.0% | 0.10% | +0.04 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.42% | +0.04 |
| OTIS Otis Worldwide Corp. | Add +307.5% | 0.05% | +0.04 |
| ABT Abbott Laboratories | Add +5.7% | 0.18% | +0.03 |
| LVHI Franklin International Low V | New | 0.03% | +0.03 |
| IEF iShares 7-10 Year Treasury B | Add +34.5% | 0.11% | +0.03 |
| AMLP Alerian MLP ETF | Add +40.8% | 0.09% | +0.03 |
| PM Philip Morris International | Add +2.3% | 0.12% | +0.03 |
| ECL Ecolab Inc. | Add +11.8% | 0.18% | +0.03 |
| LLY Eli Lilly & Co. | Add +5.3% | 0.29% | +0.03 |
| MDT Medtronic PLC | Add +8.9% | 0.17% | +0.03 |
| COST Costco Wholesale Corp. | Add +0.6% | 1.17% | +0.03 |
| DUK Duke Energy Corp. | Add +2.2% | 0.23% | +0.03 |
| VZ Verizon Communications Inc. | Add +5.5% | 0.19% | +0.03 |
| CGGR Cap Group Growth Equity | Add +39.4% | 0.13% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +150.2% | 0.05% | +0.03 |
| JCPB JPMorgan Core Plus Bond ETF | Add +53.9% | 0.08% | +0.03 |
| FDL First Trust Morn DVD Lead Inc. | Add +14.0% | 0.15% | +0.03 |
| EEM iShares MSCI Emerging Market | Add +140.1% | 0.05% | +0.03 |
| BA The Boeing Co. | Add +21.4% | 0.20% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +3.2% | 0.59% | +0.03 |
| RLY SS Multi-Asset Real Ret ETF | Add +5.6% | 0.27% | +0.03 |
Options Activity Q4 2024 → Q1 2025
| TSLA Tesla Inc. | call | New | 40 | $505K |
| PTON Peloton Interactive Inc. Class A | call | Sold out | 700 | $263Kbefore exit |
| MSFT Microsoft Corp. | put | Sold out | 50 | $60Kbefore exit |
| AAPL Apple Inc. | put | Sold out | 100 | $13Kbefore exit |
| WSM Williams-Sonoma Inc. | put | New | 2 | $8K |
| MS Morgan Stanley | put | New | 4 | $8K |
| SOUN Soundhound AI Inc. Class A | call | Sold out | 2 | $3Kbefore exit |
| TSLA Tesla Inc. | put | Sold out | 5 | $3Kbefore exit |
| MDT Medtronic PLC | put | New | 8 | $3K |
| PRM Perimeter Solutions Inc. | call | New | 4 | $1K |
| DKS Dick's Sporting Goods Inc. | put | New | 1 | $1K |
| RSP Invesco S&P 500 Equal Weight | call | New | 1 | $800 |
| FNF Fidelity National Financial | call | Sold out | 1 | $660before exit |
| GDX Vaneck Gold Miners ETF | call | Sold out | 1 | $480before exit |
| NAGE Niagen Bioscience Inc. | call | New | 2 | $360 |
| RXRX Recursion Pharmaceuticals-A | call | Sold out | 2 | $350before exit |
| ON On Semiconductor | call | New | 1 | $258 |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 1 | $240before exit |
| TXRH Texas Roadhouse Inc. | call | Sold out | 1 | $210before exit |
| PAYO Payoneer Global Inc. | call | Sold out | 4 | $140before exit |
| PLUG Plug Power Inc. | call | New | 3 | $3 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | Reduce -2.0% | 116,327 | $2.7M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +3.2% | 77,026 | $1.9M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.8% | 1,009 | $1.2M |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Add +4.2% | 20,116 | $917K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -9.4% | 736 | $909K |
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 | 1,571 | $18.1B | VTV, VUG, IXUS, AGG, AAPL |
| Q1 2026 | 1,544 | $16.5B | VTV, VUG, IXUS, AGG, AAPL |
| Q4 2025 | 1,500 | $16.3B | VTV, VUG, IXUS, AGG, MSFT |
| Q3 2025 | 1,501 | $15.6B | VTV, VUG, IXUS, AGG, MSFT |
| Q2 2025 | 1,422 | $14.2B | VTV, VUG, IXUS, AGG, MSFT |
| Q1 2025 | 1,385 | $12.4B | VTV, VUG, IXUS, AGG, AAPL |
| Q4 2024 | 1,398 | $12.3B | VTV, VUG, IXUS, AGG, AAPL |
| Q3 2024 | 1,359 | $12.1B | VTV, VUG, IXUS, AGG, AAPL |
| Q2 2024 | 1,345 | $11.3B | VTV, VUG, IXUS, AGG, MSFT |
| Q1 2024 | 1,344 | $11.1B | VTV, VUG, IXUS, AGG, MSFT |