D.A. Davidson & Co.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 5, 2026), D.A. Davidson & Co. reported 1,544 stock positions worth $16.5 billion. Its top holding was Vanguard Mrngstr Val ETF-Aui (VTV) at 6.7% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 4.8%) and iShares Core Intl Stock ETF (IXUS, 4.1%). Compared with Q4 2025, it opened 113 new positions, sold out of 69, added to 796 and reduced 534. The biggest buy was Vanguard Mrngstr Val ETF-Aui (VTV, shares +1%) and the biggest sale Broadcom (AVGO, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- GREAT FALLS, MT
- CIK
- 0001080107
- Portfolio Value
- $16.5B (Q1 2026)
- SEC Filing
- 0001080107-26-000003 ↗ filed May 5, 2026
Holdings Value
Holdings 1,544 stocks · $16.5B
| VTV Vanguard Mrngstr Val ETF-Aui | 6.68% | 5,611,282 | $1.1B | Add +0.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.80% | 1,811,209 | $791.1M | Add +2.1% |
| IXUS iShares Core Intl Stock ETF | 4.08% | 7,763,644 | $672.6M | Reduce -1.1% |
| AGG iShares Core U.S. Aggregate | 3.11% | 5,167,126 | $512.9M | Add +7.0% |
| AAPL Apple Inc. | 2.35% | 1,523,959 | $386.8M | Add +1.8% |
| MSFT Microsoft Corp. | 1.99% | 885,003 | $327.6M | Add +4.8% |
| IWN iShares Russell 2000 Value E | 1.46% | 1,273,529 | $241.4M | Add +2.2% |
| VEA Vanguard Ftse Developed ETF | 1.39% | 3,572,615 | $228.9M | Reduce -1.6% |
| AVGO Broadcom Inc. | 1.34% | 714,286 | $221.1M | Reduce -2.3% |
| SPIB SS SPDR P Int C Corp. ETF | 1.32% | 6,479,879 | $217.3M | Add +6.8% |
| NVDA Nvidia Corp. | 1.15% | 1,082,519 | $188.8M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 1.14% | 189,386 | $188.7M | Add +0.5% |
| RTX RTX Corp. | 1.05% | 895,509 | $172.7M | Reduce -3.2% |
| IWO iShares Russell 2000 Growth | 1.04% | 544,695 | $170.9M | Add +2.3% |
| JNJ Johnson & Johnson | 0.98% | 663,775 | $162.3M | Reduce -7.1% |
| AMZN Amazon.com Inc. | 0.98% | 776,248 | $161.7M | Add +3.2% |
| IWF iShares Russell 1000 Growth | 0.98% | 378,467 | $161.4M | Add +4.5% |
| VOO Vanguard S&P 500 ETF | 0.96% | 265,319 | $158.5M | Add +0.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.94% | 3,639,940 | $154.8M | Add +2.8% |
| CMI Cummins Inc. | 0.89% | 271,554 | $146.1M | Reduce -10.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.88% | 1,091,192 | $144.6M | Add +3.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.86% | 296,807 | $142.2M | Add +0.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.79% | 407,604 | $130.8M | Reduce -2.0% |
| VYM Vanguard High DVD Yield ETF | 0.78% | 868,479 | $128.6M | Add +4.8% |
| GOOGL Alphabet Inc. Class A | 0.76% | 437,268 | $125.7M | Reduce -1.1% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.75% | 1,226,067 | $123.4M | Add +2.8% |
| CB Chubb Ltd. | 0.72% | 363,955 | $118.6M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 0.71% | 398,461 | $117.2M | Reduce -3.2% |
| QUAL iShares MSCI USA Quality Fac | 0.70% | 605,588 | $116.2M | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 0.70% | 176,187 | $115.1M | Add +3.6% |
| V Visa Inc. Class A | 0.66% | 360,002 | $108.8M | Add +2.5% |
| VWO Vanguard Ftse Emerging Marke | 0.65% | 1,981,688 | $107.1M | Add +5.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.64% | 182,913 | $105.6M | Reduce -0.6% |
| PRF Invesco Rafi US 1000 ETF | 0.61% | 2,109,275 | $100.3M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 0.59% | 337,258 | $96.7M | Add +0.3% |
| NEE Nextera Energy Inc. | 0.58% | 1,031,531 | $95.8M | Reduce -4.0% |
| DFAX Dimensional World Ex US Core | 0.57% | 2,783,778 | $94.6M | Reduce -1.1% |
| PFE Pfizer Inc. | 0.54% | 3,184,965 | $89.4M | Add +2.9% |
| ADP Automatic Data Processing | 0.54% | 434,698 | $88.3M | Add +15.0% |
| CVX Chevron Corp. | 0.52% | 416,011 | $86.1M | Add +0.1% |
| AMGN Amgen Inc. | 0.52% | 241,522 | $85.0M | Reduce -2.7% |
| SPGI S&P Global Inc. | 0.51% | 196,585 | $83.6M | Add +11.5% |
| BSV Vanguard Short-Term Bond ETF | 0.50% | 1,059,778 | $83.1M | Add +6.1% |
| PEP Pepsico Inc. | 0.49% | 524,014 | $81.4M | Add +2.2% |
| PLD Prologis Inc. | 0.45% | 566,692 | $74.9M | Reduce -4.8% |
| SGOV iShares 0-3 Month Treasury B | 0.44% | 712,919 | $71.8M | Add +15.3% |
| XOM Exxon Mobil Corp. | 0.43% | 420,031 | $71.3M | Reduce -1.6% |
| FTHI Fthi/First Trust Exchange-TR | 0.42% | 3,010,900 | $69.1M | Add +7.3% |
| MRK Merck & Co. Inc. | 0.42% | 572,593 | $68.9M | Reduce -0.8% |
| LOW Lowe's Cos Inc. | 0.41% | 286,679 | $67.7M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.40% | 101,453 | $66.0M | Add +0.7% |
| RDVY First Trust Rising Dividend | 0.39% | 952,581 | $65.0M | Add +8.1% |
| ACN Accenture PLC Class A | 0.37% | 305,168 | $60.5M | Add +16.1% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 1,957,156 | $60.0M | Reduce -12.3% |
| VXUS Vanguard Total Intl Stock | 0.36% | 777,797 | $60.0M | Add +0.7% |
| ABBV Abbvie Inc. | 0.36% | 272,607 | $59.3M | Add +0.6% |
| QCOM Qualcomm Inc. | 0.36% | 459,103 | $59.1M | Add +0.4% |
| CAT Caterpillar Inc. | 0.35% | 80,366 | $56.9M | Reduce -2.4% |
| ECL Ecolab Inc. | 0.34% | 212,011 | $56.4M | Add +1.0% |
| RLY SS Multi-Asset Real Ret ETF | 0.34% | 1,540,561 | $55.7M | Add +3.4% |
| META Meta Platforms Inc. Class A | 0.34% | 96,569 | $55.3M | Add +5.1% |
| WMT Walmart Inc. | 0.33% | 443,885 | $55.2M | Reduce -1.2% |
| VIG Vanguard Dividend Apprec ETF | 0.32% | 245,039 | $52.7M | Add +28.9% |
| GS Goldman Sachs Group Inc. | 0.30% | 57,768 | $48.9M | Reduce -7.9% |
| LLY Eli Lilly & Co. | 0.29% | 52,466 | $48.3M | Add +5.1% |
| DE Deere & Co. | 0.28% | 80,570 | $45.4M | Reduce -2.7% |
| TNGY Tortoise Energy ETF | 0.27% | 4,232,814 | $44.1M | Add +3.8% |
| MCD McDonald's Corp. | 0.26% | 140,424 | $43.6M | Reduce -2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 177,820 | $43.1M | Reduce -9.4% |
| COWZ Pacer US Cash Cows 100 ETF | 0.26% | 678,870 | $42.5M | Add +0.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.26% | 59 | $42.4M | No change |
| BA The Boeing Co. | 0.26% | 211,881 | $42.2M | Add +4.2% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.25% | 450,931 | $41.3M | Add +14.8% |
| SCHW Schwab (charles) Corp. | 0.25% | 430,319 | $40.4M | Add +4.9% |
| GLD SPDR Gold Shares | 0.24% | 92,906 | $40.0M | Add +1.4% |
| RSP Invesco S&P 500 Equal Weight | 0.22% | 192,040 | $36.9M | Add +1.6% |
| CGGR Cap Group Growth Equity | 0.22% | 905,700 | $36.4M | Add +7.9% |
| TSLA Tesla Inc. | 0.22% | 97,136 | $36.1M | Add +3.0% |
| CSCO Cisco Systems Inc. | 0.22% | 461,597 | $35.8M | Reduce -6.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.22% | 135,340 | $35.4M | Add +3.6% |
| UNP Union Pacific Corp. | 0.21% | 143,714 | $34.9M | Reduce -5.1% |
| ESGD iShares Trust iShares ESG Aw | 0.20% | 353,077 | $33.8M | Reduce -3.0% |
| DUK Duke Energy Corp. | 0.20% | 254,101 | $33.3M | Add +1.6% |
| VZ Verizon Communications Inc. | 0.20% | 648,540 | $32.6M | Add +10.7% |
| NVS Novartis AG-Sponsored ADR | 0.20% | 212,815 | $32.5M | Reduce -3.1% |
| NOW ServiceNow Inc. | 0.19% | 304,399 | $31.8M | Add +118.6% |
| IWR iShares Russell Mid-Cap ETF | 0.19% | 320,907 | $31.2M | Reduce -0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.19% | 107,724 | $30.9M | Reduce -0.1% |
| VONG Vanguard Russell 1000 Growth | 0.19% | 279,252 | $30.6M | Reduce -0.8% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.19% | 83,274 | $30.6M | Add +1.8% |
| EOG EOG Resources Inc. | 0.19% | 211,396 | $30.6M | Add +1.9% |
| PG The Procter & Gamble Co. | 0.18% | 209,047 | $30.2M | Add +1.7% |
| EUSA iShares MSCI USA Equal Weigh | 0.18% | 295,476 | $30.1M | Reduce -3.9% |
| IWM iShares Russell 2000 ETF | 0.18% | 117,602 | $29.2M | Reduce -1.8% |
| GD General Dynamics Corp. | 0.18% | 84,756 | $29.1M | Reduce -2.2% |
| SDVY First Trust Smid Cap Rising | 0.18% | 736,973 | $29.1M | Add +9.5% |
| JBND JPMorgan Active Bond ETF | 0.18% | 538,251 | $28.9M | Add +7.8% |
| SYK Stryker Corp. | 0.17% | 86,888 | $28.6M | Add +1.2% |
| PYLD PIMCO Multisector Bond Actv | 0.17% | 1,088,644 | $28.5M | Add +9.9% |
| HD Home Depot Inc. | 0.17% | 86,330 | $28.4M | Reduce -0.5% |
Options reported separately and not counted above: TSLA calls ($736K), MSFT puts ($130K), TLT puts ($27K), NVDA puts ($10K), SPY puts ($5K), GOOG calls ($3K), RGTI puts ($2K), AMZN calls ($2K), ORCL calls ($845), PSIX calls ($840), NVDA calls ($693), EIX calls ($560), and 3 more.
Other holdings (8): bonds, preferreds, convertibles and warrants · $11.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 360,426 | $4.2M | New |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | 103,632 | $2.3M | Reduce -3.0% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 69,968 | $1.7M | Add +1.2% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,038 | $1.2M | Reduce -1.6% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 25,180 | $1.2M | Add +5.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 696 | $829K | Add +13.9% |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 25,000 | $25K | No change |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | 12,265 | $98 | Reduce -1.5% |
Total filed on the 13F, all lines: $16.5B.
Portfolio Sells Q4 2025 → Q1 2026
| AVGO Broadcom Inc. | Reduce -2.3% | 1.34% | −0.21 |
| JPM JPMorgan Chase & Co. | Reduce -3.2% | 0.71% | −0.10 |
| ADBE Adobe Inc. | Reduce -43.4% | 0.06% | −0.10 |
| IBM Intl Business Machines Corp. | Reduce -9.4% | 0.26% | −0.09 |
| NVDA Nvidia Corp. | Reduce -0.2% | 1.15% | −0.09 |
| GOOGL Alphabet Inc. Class A | Reduce -1.1% | 0.76% | −0.09 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.0% | 0.79% | −0.06 |
| CMI Cummins Inc. | Reduce -10.3% | 0.89% | −0.06 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.6% | 0.64% | −0.05 |
| CRM Salesforce Inc. | Reduce -32.3% | 0.04% | −0.05 |
| GS Goldman Sachs Group Inc. | Reduce -7.9% | 0.30% | −0.04 |
| JPST JPMorgan Ultra-Short Income | Reduce -34.5% | 0.08% | −0.04 |
| BX Blackstone Inc. | Reduce -3.7% | 0.10% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -44.1% | 0.03% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -3.3% | 0.13% | −0.04 |
| VLO Valero Energy Corp. | Reduce -53.1% | 0.08% | −0.03 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -29.8% | 0.05% | −0.03 |
| TDIV FT Nasdaq Tech DVD Index FD | Reduce -22.9% | 0.09% | −0.03 |
| SRET Global X Superdividend REIT | Reduce -90.3% | 0.00% | −0.03 |
| SAMT Strategas Macro Them Opps | Reduce -56.5% | 0.02% | −0.03 |
| IQLT iShares MSCI International Q | Reduce -60.4% | 0.02% | −0.03 |
| VTWO Vanguard Russell 2000 ETF | Reduce -42.3% | 0.03% | −0.02 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.8% | 0.19% | −0.02 |
| QINT American Century QLTY Diver | Sold out | 0.00% | −0.02 |
| VXF Vanguard Extended Market ETF | Reduce -20.6% | 0.08% | −0.02 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Reduce -37.2% | 0.04% | −0.02 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.02 |
| ICLR Icon PLC | Sold out | 0.00% | −0.02 |
| MDT Medtronic PLC | Reduce -9.3% | 0.09% | −0.02 |
| FXU First Trust Utilities Alphad | Reduce -76.0% | 0.01% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -1.0% | 0.11% | −0.02 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Reduce -22.4% | 0.07% | −0.02 |
| FXO First Trust Financial Alphad | Reduce -21.1% | 0.05% | −0.02 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -14.5% | 0.11% | −0.02 |
| AXP American Express Co. | Reduce -4.0% | 0.07% | −0.02 |
| QGRO American Century US Quality | Sold out | 0.00% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -3.0% | 0.07% | −0.02 |
| CGIE Cap Group Intl Equity | Reduce -33.7% | 0.03% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -6.7% | 0.22% | −0.02 |
| HL Hecla Mining Co. | Reduce -86.2% | 0.00% | −0.02 |
| CGMS Cap Group US Multi-Sect Bond | Reduce -38.0% | 0.02% | −0.02 |
| CGGO Cap Group Global Growth | Reduce -4.2% | 0.16% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -0.5% | 0.41% | −0.01 |
| CVS CVS Health Corp. | Reduce -3.9% | 0.09% | −0.01 |
| FNF Fidelity National Financial | Reduce -51.1% | 0.01% | −0.01 |
| IQV Iqvia Holdings Inc. | Reduce -18.1% | 0.02% | −0.01 |
| TMUS T-Mobile US Inc. | Reduce -27.6% | 0.04% | −0.01 |
| FDN First Trust DJ Internet Ind | Reduce -56.7% | 0.01% | −0.01 |
| MMM 3M Co. | Reduce -1.6% | 0.10% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -45.2% | 0.01% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| VTV Vanguard Mrngstr Val ETF-Aui | Add +0.8% | 6.68% | +0.17 |
| AGG iShares Core U.S. Aggregate | Add +7.0% | 3.11% | +0.15 |
| COST Costco Wholesale Corp. | Add +0.5% | 1.14% | +0.15 |
| CVX Chevron Corp. | Add +0.1% | 0.52% | +0.13 |
| IWN iShares Russell 2000 Value E | Add +2.2% | 1.46% | +0.08 |
| PFE Pfizer Inc. | Add +2.9% | 0.54% | +0.07 |
| VIG Vanguard Dividend Apprec ETF | Add +28.9% | 0.32% | +0.06 |
| NOW ServiceNow Inc. | Add +118.6% | 0.19% | +0.06 |
| SPIB SS SPDR P Int C Corp. ETF | Add +6.8% | 1.32% | +0.06 |
| SGOV iShares 0-3 Month Treasury B | Add +15.3% | 0.44% | +0.05 |
| EOG EOG Resources Inc. | Add +1.9% | 0.19% | +0.05 |
| VZ Verizon Communications Inc. | Add +10.7% | 0.20% | +0.05 |
| EVSD Eaton Vance SHRT Dur Inc. | Add +87.3% | 0.11% | +0.05 |
| TTAN Servicetitan Inc. Class A | New | 0.05% | +0.05 |
| VYM Vanguard High DVD Yield ETF | Add +4.8% | 0.78% | +0.05 |
| RLY SS Multi-Asset Real Ret ETF | Add +3.4% | 0.34% | +0.05 |
| OKE Oneok Inc. | Add +62.5% | 0.10% | +0.05 |
| FCX Freeport-McMoran Inc. | Add +57.9% | 0.11% | +0.05 |
| CGIC Cap Group Intl Core Eq | Add +61.7% | 0.11% | +0.04 |
| PEP Pepsico Inc. | Add +2.2% | 0.49% | +0.04 |
| TNGY Tortoise Energy ETF | Add +3.8% | 0.27% | +0.04 |
| IJK iShares S&P Mid-Cap 400 Grow | Add +2.8% | 0.75% | +0.04 |
| XAGG Ev Income Opportunities ETF | New | 0.04% | +0.04 |
| FIVA Fidelity Intl Val Fact ETF | New | 0.04% | +0.04 |
| IEF iShares 7-10 Year Treasury B | Add +1329.9% | 0.04% | +0.04 |
| COP Conocophillips | Add +1.1% | 0.13% | +0.04 |
| XLE SS Energy Select Sector | Add +8.9% | 0.11% | +0.04 |
| FXN First Trust Energy Alphadex | Add +2201.2% | 0.03% | +0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +14.8% | 0.25% | +0.03 |
| IEI iShares 3-7 Year Treasury Bo | Add +57.6% | 0.09% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +5.4% | 0.65% | +0.03 |
| JCPB JPMorgan Core Plus Bond ETF | Add +25.7% | 0.15% | +0.03 |
| IJJ iShares S&P Mid-Cap 400 Valu | Add +3.6% | 0.88% | +0.03 |
| FDL First Trust Morn DVD Lead Inc. | Add +10.7% | 0.14% | +0.03 |
| MO Altria Group Inc. | Add +8.0% | 0.15% | +0.03 |
| IBRX Immunitybio Inc. | New | 0.03% | +0.03 |
| KMI Kinder Morgan Inc. | Add +2.7% | 0.13% | +0.03 |
| TGT Target Corp. | Add +12.8% | 0.09% | +0.03 |
| DFAT Dimensional US Target Value | Add +31.3% | 0.10% | +0.03 |
| LMT Lockheed Martin Corp. | Add +0.4% | 0.13% | +0.03 |
| CB Chubb Ltd. | Add +0.3% | 0.72% | +0.03 |
| SCHP Schwab U.S. Tips ETF | New | 0.03% | +0.03 |
| FXZ First Trust Materials Alphad | New | 0.03% | +0.03 |
| FEGE First Eagle GL Equity ETF | Add +24.5% | 0.12% | +0.03 |
| WAT Waters Corp. | Add +453.4% | 0.03% | +0.02 |
| LYB Lyondellbasell Indu Class A | Add +791.8% | 0.03% | +0.02 |
| GEV GE Vernova Inc. | Add +9.8% | 0.08% | +0.02 |
| MRVL Marvell Technology Inc. | Add +48.8% | 0.06% | +0.02 |
| QMOM Alpha US Quant Mom ETF | Add +97.4% | 0.05% | +0.02 |
| GVAL Cambria Global Value ETF | Add +92.5% | 0.05% | +0.02 |
Options Activity Q4 2025 → Q1 2026
| PLTR Palantir Technologies Inc. Class A | put | Sold out | 70 | $74Kbefore exit |
| TLT iShares 20+ Year Treasury BD | put | New | 8 | $27K |
| NVDA Nvidia Corp. | put | New | 10 | $10K |
| TSLA Tesla Inc. | put | Sold out | 9 | $7Kbefore exit |
| CCJ Cameco Corp. | call | Sold out | 1 | $4Kbefore exit |
| BROS Dutch Bros Inc. Class A | call | Sold out | 1 | $3Kbefore exit |
| ORCL Oracle Corp. | call | Reduce -33.3% | 2 | $845 |
| PSIX Power Solutions Internationa | call | New | 1 | $840 |
| NVDA Nvidia Corp. | call | Reduce -75.0% | 1 | $693 |
| EIX Edison International | call | New | 1 | $560 |
| TTD Trade Desk Inc./the Class A | call | New | 1 | $305 |
| RGTI Rigetti Computing Inc. | call | New | 1 | $105 |
| MDT Medtronic PLC | call | New | 1 | $16 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | New | 360,426 | $4.2M |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | Reduce -3.0% | 103,632 | $2.3M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +1.2% | 69,968 | $1.7M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.6% | 1,038 | $1.2M |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Add +5.9% | 25,180 | $1.2M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +13.9% | 696 | $829K |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | Sold out | 50,000 | $50Kbefore exit |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | Reduce -1.5% | 12,265 | $98 |
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 |