D'Orazio & Associates, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), D'Orazio & Associates, Inc. reported 253 stock positions worth $656.0 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 15.2% of the portfolio, followed by Booz Allen Hamilton (BAH, 10.5%) and Berkshire Hathaway Class B (BRK.B, 6.0%). Compared with Q4 2024, it opened 25 new positions, sold out of 9, added to 136 and reduced 72. The biggest buy was JPMorgan Income ETF (JPIE, shares +4%) and the biggest sale Booz Allen Hamilton (BAH, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- VIENNA, VA
- CIK
- 0001646821
- Portfolio Value
- $656.0M (Q1 2025)
- SEC Filing
- 0001085146-25-002170 ↗ filed Apr 17, 2025
Holdings Value
Holdings 253 stocks · $656.0M
| VTI VG Morningstar TS MKT ETF-US | 15.22% | 363,202 | $99.8M | Add +5.0% |
| BAH Booz Allen Hamilton Holdings | 10.55% | 661,655 | $69.2M | Reduce -9.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 6.04% | 74,440 | $39.6M | Reduce -0.1% |
| JPIE JPMorgan Income ETF | 5.80% | 825,134 | $38.0M | Add +3.8% |
| IQLT iShares MSCI International Q | 5.67% | 937,209 | $37.2M | Reduce -0.3% |
| DGRO iShares Core Dividend Growth | 5.12% | 543,821 | $33.6M | Reduce -2.6% |
| QQQM Invesco Nasdaq 100 ETF | 4.48% | 152,111 | $29.4M | Add +4.8% |
| VEA Vanguard Ftse Developed ETF | 3.96% | 510,952 | $26.0M | Reduce -2.6% |
| UNH Unitedhealth Group Inc. | 3.88% | 48,639 | $25.5M | Reduce -1.7% |
| SPGP Invesco S&P 500 Garp ETF | 3.76% | 246,818 | $24.7M | Reduce -4.1% |
| QQQ Invesco QQQ Trust Series 1 | 3.15% | 44,130 | $20.7M | Reduce -5.0% |
| AVUV Avantis US Small Cap Value | 2.06% | 155,332 | $13.5M | Reduce -6.2% |
| JQUA JPMorgan US Quality Factor | 2.03% | 235,613 | $13.3M | Add +5.5% |
| AVDV Avantis Intl S/C Value ETF | 1.64% | 154,252 | $10.8M | Add +2.9% |
| AAPL Apple Inc. | 1.37% | 40,466 | $9.0M | Reduce -3.6% |
| MSFT Microsoft Corp. | 1.34% | 23,366 | $8.8M | Reduce -0.2% |
| VOO Vanguard S&P 500 ETF | 0.96% | 12,285 | $6.3M | Add +0.1% |
| LMT Lockheed Martin Corp. | 0.96% | 14,071 | $6.3M | Add +48.9% |
| NVDA Nvidia Corp. | 0.65% | 39,048 | $4.2M | Reduce -2.4% |
| VIG Vanguard Dividend Apprec ETF | 0.59% | 20,071 | $3.9M | Reduce -14.9% |
| AMZN Amazon.com Inc. | 0.55% | 18,804 | $3.6M | Reduce -2.4% |
| VWO Vanguard Ftse Emerging Marke | 0.54% | 78,912 | $3.6M | Reduce -9.7% |
| JEPI JPMorgan Equity Premium Inco | 0.53% | 60,543 | $3.5M | Reduce -1.9% |
| BOND PIMCO Active Bond Exchange-T | 0.43% | 30,823 | $2.9M | Reduce -3.1% |
| GARP iShares MSCI USA Quality Gar | 0.39% | 49,710 | $2.5M | Add +61.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.36% | 10,794 | $2.4M | Reduce -9.2% |
| TTEK Tetra Tech Inc. | 0.36% | 80,510 | $2.4M | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 0.35% | 4,003 | $2.3M | Add +4.7% |
| MAR Marriott International Class A | 0.34% | 9,233 | $2.2M | Reduce -0.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.33% | 42,103 | $2.2M | Add +0.1% |
| V Visa Inc. Class A | 0.32% | 6,031 | $2.1M | Add +3.2% |
| AVEM Avantis Emerging Markets Eq | 0.32% | 34,637 | $2.1M | Add +39.0% |
| GOOG Alphabet Inc. Class C | 0.31% | 12,846 | $2.0M | Add +1.3% |
| GOOGL Alphabet Inc. Class A | 0.30% | 12,748 | $2.0M | Add +1.3% |
| GLD SPDR Gold Shares | 0.30% | 6,788 | $2.0M | Add +0.1% |
| ANSS Ansys Inc. | 0.26% | 5,418 | $1.7M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 0.25% | 2,010 | $1.7M | Add +4.0% |
| WMT Walmart Inc. | 0.24% | 18,268 | $1.6M | Add +2.4% |
| JPM JPMorgan Chase & Co. | 0.24% | 6,303 | $1.5M | Add +5.0% |
| JNJ Johnson & Johnson | 0.23% | 9,267 | $1.5M | Add +54.3% |
| XOM Exxon Mobil Corp. | 0.23% | 12,606 | $1.5M | Add +1.4% |
| TTMI TTM Technologies | 0.22% | 71,442 | $1.5M | No change |
| COST Costco Wholesale Corp. | 0.22% | 1,539 | $1.5M | Add +3.2% |
| ACN Accenture PLC Class A | 0.22% | 4,579 | $1.4M | Reduce -3.7% |
| PM Philip Morris International | 0.21% | 8,854 | $1.4M | Add +0.2% |
| SPR Spirit Aerosystems Hold Class A | 0.21% | 39,474 | $1.4M | No change |
| AVGO Broadcom Inc. | 0.20% | 7,874 | $1.3M | Reduce -3.8% |
| TSLA Tesla Inc. | 0.19% | 4,779 | $1.2M | Add +2.0% |
| HD Home Depot Inc. | 0.19% | 3,354 | $1.2M | Add +10.8% |
| NFLX Netflix Inc. | 0.18% | 1,260 | $1.2M | Add +6.2% |
| LOW Lowe's Cos Inc. | 0.17% | 4,728 | $1.1M | Add +4.6% |
| SCHB Schwab US Broad Market ETF | 0.16% | 50,025 | $1.1M | Add +0.3% |
| PG The Procter & Gamble Co. | 0.16% | 6,177 | $1.1M | Reduce -1.5% |
| HON Honeywell International Inc. | 0.16% | 4,936 | $1.0M | Add +6.6% |
| DXCM Dexcom Inc. | 0.16% | 15,180 | $1.0M | Add +0.0% |
| ABBV Abbvie Inc. | 0.16% | 4,904 | $1.0M | Add +5.3% |
| CVX Chevron Corp. | 0.16% | 6,140 | $1.0M | Add +7.7% |
| MO Altria Group Inc. | 0.15% | 16,235 | $974K | Add +6.3% |
| ORCL Oracle Corp. | 0.14% | 6,749 | $944K | Reduce -5.3% |
| RELX Relx PLC - Spon ADR | 0.14% | 18,184 | $917K | Add +3.3% |
| MA Mastercard Inc. Class A | 0.13% | 1,598 | $876K | Add +11.7% |
| KO The Coca-Cola Co. | 0.13% | 12,226 | $876K | Add +12.6% |
| AMGN Amgen Inc. | 0.13% | 2,742 | $854K | Reduce -8.8% |
| CLS Celestica Inc. | 0.12% | 10,393 | $819K | Reduce -4.9% |
| FICO Fair Isaac Corp. | 0.12% | 426 | $786K | No change |
| HDV iShares Core High Dividend E | 0.12% | 6,399 | $775K | Reduce -15.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 2,934 | $730K | Add +2.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 1,297 | $726K | No change |
| MCD McDonald's Corp. | 0.11% | 2,322 | $725K | Reduce -3.0% |
| AUB Atlantic Union Bankshares Co. | 0.11% | 22,330 | $695K | No change |
| ABT Abbott Laboratories | 0.11% | 5,233 | $694K | Add +5.0% |
| MCK McKesson Corp. | 0.10% | 1,009 | $679K | Add +2.5% |
| CSCO Cisco Systems Inc. | 0.10% | 10,991 | $678K | Add +9.7% |
| VZ Verizon Communications Inc. | 0.10% | 14,621 | $663K | Add +3.9% |
| DFUV Dimensional US Marketwide Va | 0.10% | 15,631 | $644K | No change |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.10% | 17,710 | $632K | Add +0.1% |
| SCHD Schwab US DVD Equity ETF | 0.10% | 22,580 | $631K | Reduce -24.4% |
| ADP Automatic Data Processing | 0.10% | 2,045 | $625K | Reduce -2.3% |
| QUAL iShares MSCI USA Quality Fac | 0.10% | 3,654 | $624K | No change |
| BTI British American Tob-SP ADR | 0.10% | 15,074 | $624K | Add +18.5% |
| T AT&T Inc. | 0.10% | 22,048 | $624K | Add +25.3% |
| SJNK SS SPDR BB St Hi Yield ETF | 0.09% | 24,388 | $614K | Reduce -4.4% |
| VHT Vanguard Health Care ETF | 0.09% | 2,278 | $603K | No change |
| GILD Gilead Sciences Inc. | 0.09% | 5,332 | $597K | Add +30.6% |
| MRSH Marsh & McLennan Cos | 0.09% | 2,346 | $572K | Add +0.5% |
| BCS Barclays PLC-Spons ADR | 0.09% | 36,873 | $566K | Add +2.1% |
| CRM Salesforce Inc. | 0.09% | 2,088 | $560K | Add +3.7% |
| VGT Vanguard Info Tech ETF | 0.08% | 957 | $519K | Reduce -9.5% |
| PLTR Palantir Technologies Inc. Class A | 0.08% | 6,079 | $513K | Add +7.6% |
| NWG Natwest Group PLC -Spon ADR | 0.08% | 42,758 | $510K | Reduce -0.4% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.08% | 36,804 | $501K | Add +1.2% |
| JCPB JPMorgan Core Plus Bond ETF | 0.07% | 10,408 | $490K | Add +22.4% |
| VALE Vale SA-SP ADR | 0.07% | 48,807 | $487K | Add +99.0% |
| CRH CRH PLC | 0.07% | 5,537 | $487K | Reduce -0.6% |
| CAH Cardinal Health Inc. | 0.07% | 3,515 | $484K | Add +0.2% |
| BKNG Booking Holdings Inc. | 0.07% | 105 | $484K | Add +4.0% |
| CTAS Cintas Corp. | 0.07% | 2,317 | $476K | Add +3.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.07% | 6,114 | $463K | Add +4.7% |
| FINV Finvolution Group-ADR | 0.07% | 47,576 | $458K | Add +4.4% |
| APP AppLovin Corp. Class A | 0.07% | 1,692 | $448K | Reduce -4.2% |
Options reported separately and not counted above: META calls ($1.2M), BAH calls ($1.0M), NVDA calls ($542K), CRWD calls ($353K), AMZN calls ($190K), PANW calls ($171K).
Portfolio Sells Q4 2024 → Q1 2025
| BAH Booz Allen Hamilton Holdings | Reduce -9.5% | 10.55% | −3.32 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.0% | 3.15% | −0.35 |
| AVUV Avantis US Small Cap Value | Reduce -6.2% | 2.06% | −0.29 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -4.1% | 3.76% | −0.22 |
| AAPL Apple Inc. | Reduce -3.6% | 1.37% | −0.18 |
| NVDA Nvidia Corp. | Reduce -2.4% | 0.65% | −0.15 |
| TTEK Tetra Tech Inc. | Reduce -1.5% | 0.36% | −0.12 |
| MSFT Microsoft Corp. | Reduce -0.2% | 1.34% | −0.12 |
| VIG Vanguard Dividend Apprec ETF | Reduce -14.9% | 0.59% | −0.09 |
| AVGO Broadcom Inc. | Reduce -3.8% | 0.20% | −0.08 |
| AMZN Amazon.com Inc. | Reduce -2.4% | 0.55% | −0.08 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -9.2% | 0.36% | −0.06 |
| MAR Marriott International Class A | Reduce -0.0% | 0.34% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -28.0% | 0.06% | −0.04 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -44.8% | 0.07% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.04 |
| NYT New York Times Co. Class A | Sold out | 0.00% | −0.03 |
| TEVA Teva Pharmaceutical-SP ADR | Sold out | 0.00% | −0.03 |
| ORCL Oracle Corp. | Reduce -5.3% | 0.14% | −0.03 |
| MS Morgan Stanley | Sold out | 0.00% | −0.03 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.03 |
| REG Regency Centers Corp. | Sold out | 0.00% | −0.03 |
| ACN Accenture PLC Class A | Reduce -3.7% | 0.22% | −0.03 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -24.4% | 0.10% | −0.02 |
| CLS Celestica Inc. | Reduce -4.9% | 0.12% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -9.7% | 0.54% | −0.02 |
| VGT Vanguard Info Tech ETF | Reduce -9.5% | 0.08% | −0.02 |
| APP AppLovin Corp. Class A | Reduce -4.2% | 0.07% | −0.02 |
| TG Tredegar Corp. | Sold out | 0.00% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -5.2% | 0.05% | −0.01 |
| EME Emcor Group Inc. | Reduce -1.1% | 0.05% | −0.01 |
| KKR KKR & Co. Inc. | Reduce -0.7% | 0.04% | −0.01 |
| DELL Dell Technologies -C | Reduce -0.3% | 0.05% | −0.01 |
| INFY Infosys Ltd.-SP ADR | Reduce -5.7% | 0.04% | −0.01 |
| HUBB Hubbell Inc. | Reduce -1.2% | 0.04% | −0.01 |
| VTRS Viatris Inc. | Reduce -13.2% | 0.02% | −0.01 |
| ANSS Ansys Inc. | Reduce -0.1% | 0.26% | −0.01 |
| USB US Bancorp | Reduce -9.6% | 0.04% | −0.01 |
| AMD Advanced Micro Devices | Reduce -8.6% | 0.03% | −0.01 |
| LMB Limbach Holdings Inc. | Reduce -1.0% | 0.06% | −0.01 |
| CLPR Clipper Realty Inc. | Sold out | 0.00% | −0.01 |
| HDV iShares Core High Dividend E | Reduce -15.3% | 0.12% | −0.01 |
| BLDR Builders Firstsource Inc. | Reduce -2.5% | 0.05% | −0.01 |
| PEP Pepsico Inc. | Reduce -10.8% | 0.07% | −0.01 |
| BX Blackstone Inc. | Reduce -0.2% | 0.03% | −0.01 |
| JMUB JPMorgan Municipal ETF | Reduce -15.1% | 0.04% | −0.01 |
| GIB Cgi Inc. | Reduce -7.3% | 0.04% | −0.01 |
| MMYT Makemytrip Ltd. | Reduce -3.9% | 0.03% | −0.01 |
| SKM SK Telecom Co. Ltd.-Spon ADR | Reduce -13.4% | 0.03% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| JPIE JPMorgan Income ETF | Add +3.8% | 5.80% | +0.45 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.0% | 15.22% | +0.43 |
| LMT Lockheed Martin Corp. | Add +48.9% | 0.96% | +0.28 |
| AVDV Avantis Intl S/C Value ETF | Add +2.9% | 1.64% | +0.20 |
| JQUA JPMorgan US Quality Factor | Add +5.5% | 2.03% | +0.14 |
| GARP iShares MSCI USA Quality Gar | Add +61.0% | 0.39% | +0.13 |
| JNJ Johnson & Johnson | Add +54.3% | 0.23% | +0.11 |
| AVEM Avantis Emerging Markets Eq | Add +39.0% | 0.32% | +0.10 |
| PM Philip Morris International | Add +0.2% | 0.21% | +0.06 |
| GLD SPDR Gold Shares | Add +0.1% | 0.30% | +0.06 |
| MDT Medtronic PLC | New | 0.05% | +0.05 |
| V Visa Inc. Class A | Add +3.2% | 0.32% | +0.05 |
| VALE Vale SA-SP ADR | Add +99.0% | 0.07% | +0.04 |
| AJG Arthur J Gallagher & Co. | New | 0.04% | +0.04 |
| BSX Boston Scientific Corp. | New | 0.04% | +0.04 |
| KOF Coca-Cola Femsa Sab-SP ADR | New | 0.04% | +0.04 |
| WFC Wells Fargo & Co. | New | 0.04% | +0.04 |
| T AT&T Inc. | Add +25.3% | 0.10% | +0.04 |
| JOYY Joyy Inc.-ADR | New | 0.04% | +0.04 |
| GILD Gilead Sciences Inc. | Add +30.6% | 0.09% | +0.04 |
| CVX Chevron Corp. | Add +7.7% | 0.16% | +0.03 |
| ABBV Abbvie Inc. | Add +5.3% | 0.16% | +0.03 |
| DE Deere & Co. | New | 0.03% | +0.03 |
| HSBC HSBC Holdings PLC-Spons ADR | New | 0.03% | +0.03 |
| KO The Coca-Cola Co. | Add +12.6% | 0.13% | +0.03 |
| ALL Allstate Corp. | New | 0.03% | +0.03 |
| AIG American International Group | New | 0.03% | +0.03 |
| LLY Eli Lilly & Co. | Add +4.0% | 0.25% | +0.03 |
| COKE Coca-Cola Consolidated Inc. | New | 0.03% | +0.03 |
| TS Tenaris SA-ADR | New | 0.03% | +0.03 |
| BNY Bank of New York Mellon Corp. | New | 0.03% | +0.03 |
| KMB Kimberly-Clark Corp. | New | 0.03% | +0.03 |
| IDCC Interdigital Inc. | New | 0.03% | +0.03 |
| SCHW Schwab (charles) Corp. | New | 0.03% | +0.03 |
| BP BP PLC-Spons ADR | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.23% | +0.03 |
| MO Altria Group Inc. | Add +6.3% | 0.15% | +0.03 |
| UBER Uber Technologies Inc. | New | 0.03% | +0.03 |
| LX Lexinfintech Holdings L-ADR | Add +10.5% | 0.06% | +0.03 |
| BTI British American Tob-SP ADR | Add +18.5% | 0.10% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +72.4% | 0.07% | +0.03 |
| PBR Petroleo Brasileiro-Spon ADR | New | 0.03% | +0.03 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +1.2% | 0.08% | +0.02 |
| FINV Finvolution Group-ADR | Add +4.4% | 0.07% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +5.0% | 0.24% | +0.02 |
| DB Deutsche Bank AG-Registered | Add +18.7% | 0.06% | +0.02 |
| NFLX Netflix Inc. | Add +6.2% | 0.18% | +0.02 |
| ABT Abbott Laboratories | Add +5.0% | 0.11% | +0.02 |
| JD Jd.com Inc.-ADR | Add +38.7% | 0.05% | +0.02 |
| MA Mastercard Inc. Class A | Add +11.7% | 0.13% | +0.02 |
Options Activity Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | call | New | 2,000 | $1.2M |
| BAH Booz Allen Hamilton Holdings | call | New | 10,000 | $1.0M |
| NVDA Nvidia Corp. | call | New | 5,000 | $542K |
| NOW ServiceNow Inc. | call | Sold out | 500 | $530Kbefore exit |
| CRM Salesforce Inc. | call | Sold out | 1,000 | $334Kbefore exit |
| GOOGL Alphabet Inc. Class A | call | Sold out | 1,000 | $189Kbefore exit |
| PANW Palo Alto Networks Inc. | call | New | 1,000 | $171K |
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 | 321 | $864.1M | VTI, JPIE, IQLT, QQQM, BAH |
| Q1 2026 | 297 | $772.1M | VTI, BAH, IQLT, JPIE, VEA |
| Q4 2025 | 284 | $782.3M | VTI, BAH, IQLT, JPIE, BRK.B |
| Q3 2025 | 276 | $756.9M | VTI, BAH, IQLT, JPIE, BRK.B |
| Q2 2025 | 277 | $708.4M | VTI, BAH, IQLT, JPIE, BRK.B |
| Q1 2025 | 253 | $656.0M | VTI, BAH, BRK.B, JPIE, IQLT |
| Q4 2024 | 237 | $678.0M | VTI, BAH, JPIE, IQLT, DGRO |
| Q3 2024 | 238 | $702.8M | BAH, VTI, IQLT, DGRO, JPIE |
| Q2 2024 | 216 | $650.9M | BAH, VTI, IQLT, DGRO, JPIE |
| Q1 2024 | 203 | $620.4M | BAH, VTI, DGRO, IQLT, BRK.B |