D'Orazio & Associates, Inc.

Name: D'Orazio & Associates, Inc. 13F holdings, Q1 2025
Creator: D'Orazio & Associates, Inc.
Published: 2025-04-17

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

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%
ORLY O'reilly Automotive Inc.	0.07%	310	$444K	Add +3.7%
MRK Merck & Co. Inc.	0.07%	4,945	$444K	Add +26.4%
VYMI Vanguard Int High DVD YLD Inc.	0.07%	6,015	$443K	Reduce -44.8%
EBAY eBay Inc.	0.07%	6,511	$441K	Add +0.8%
QCOM Qualcomm Inc.	0.07%	2,852	$438K	Add +3.1%
PEP Pepsico Inc.	0.07%	2,886	$433K	Reduce -10.8%
C Citigroup Inc.	0.07%	6,080	$432K	Add +10.5%
VIS Vanguard Industrials ETF	0.07%	1,743	$431K	No change
ITOT iShares Core S&P Total U.S.	0.07%	3,536	$431K	Add +72.4%
PAYX Paychex Inc.	0.07%	2,773	$428K	Add +4.5%
QGRW Wisdomtree US Quality Growth	0.06%	9,659	$424K	No change
NVS Novartis AG-Sponsored ADR	0.06%	3,795	$423K	Add +2.9%
HIG Hartford Insurance Group Inc.	0.06%	3,359	$416K	Add +1.5%
PGR Progressive Corp.	0.06%	1,460	$413K	Add +3.6%
JOBY Joby Aviation Inc.	0.06%	68,520	$412K	No change
NVO Novo-Nordisk A/S-Spons ADR	0.06%	5,936	$412K	Reduce -28.0%
ADBE Adobe Inc.	0.06%	1,072	$411K	Add +3.9%
FTEC Fidelity MSCI Info Tech Indx	0.06%	2,525	$407K	Add +0.1%
SPGI S&P Global Inc.	0.06%	794	$403K	Add +14.7%
VUG Vanguard Mrngstar GR ETF-Sui	0.06%	1,065	$395K	Add +0.1%
RTX RTX Corp.	0.06%	2,963	$392K	Add +9.7%
LMB Limbach Holdings Inc.	0.06%	5,259	$392K	Reduce -1.0%
GE General Electric filed as GE AEROSPACE	0.06%	1,956	$391K	Add +1.6%
PHM Pultegroup Inc.	0.06%	3,783	$389K	Reduce -0.9%
FNDF Schwab Fndmn Intl LRG Co. ETF	0.06%	10,729	$388K	No change
LIN Linde PLC	0.06%	804	$374K	Add +5.9%
AFL Aflac Inc.	0.06%	3,317	$369K	Add +1.5%
DB Deutsche Bank AG-Registered	0.06%	15,400	$367K	Add +18.7%
SAP Sap SE-Sponsored ADR	0.06%	1,366	$367K	Add +3.1%
LX Lexinfintech Holdings L-ADR	0.06%	36,241	$366K	Add +10.5%
BLK BlackRock Inc.	0.06%	385	$365K	Add +0.5%
CL Colgate-Palmolive Co.	0.06%	3,884	$364K	Add +30.3%
WM Waste Management Inc.	0.06%	1,562	$362K	Add +4.1%
NSC Norfolk Southern Corp.	0.05%	1,521	$360K	No change
TMUS T-Mobile US Inc.	0.05%	1,350	$360K	Add +2.6%
MDT Medtronic PLC	0.05%	3,978	$357K	New
JD Jd.com Inc.-ADR	0.05%	8,690	$357K	Add +38.7%
PNC PNC Financial Services Group	0.05%	2,032	$357K	Add +16.4%
IVV iShares Core S&P 500 ETF	0.05%	632	$355K	Add +9.9%
TSM Taiwan Semiconductor-SP ADR	0.05%	2,134	$354K	Reduce -5.2%
MMM 3M Co.	0.05%	2,378	$349K	Add +2.4%
ITW Illinois Tool Works	0.05%	1,397	$346K	Add +7.8%
EME Emcor Group Inc.	0.05%	936	$346K	Reduce -1.1%
UBS UBS Group AG-Reg	0.05%	11,163	$342K	Reduce -0.2%
INTU Intuit Inc.	0.05%	556	$341K	Add +7.5%
SO The Southern Co.	0.05%	3,712	$341K	Add +3.8%
AMT American Tower Corp.	0.05%	1,554	$338K	Add +26.6%
KLAC KLA Corp.	0.05%	495	$337K	Add +0.2%
MLI Mueller Industries Inc.	0.05%	4,361	$332K	Add +1.2%
SBUX Starbucks Corp.	0.05%	3,378	$331K	Add +5.0%
BLDR Builders Firstsource Inc.	0.05%	2,642	$330K	Reduce -2.5%
TRV The Travelers Cos Inc.	0.05%	1,244	$329K	Add +5.0%
ED Consolidated Edison Inc.	0.05%	2,948	$326K	Add +1.4%
CAT Caterpillar Inc.	0.05%	985	$325K	Add +3.8%
DUK Duke Energy Corp.	0.05%	2,557	$312K	Reduce -6.9%
MFC Manulife Financial Corp.	0.05%	9,925	$309K	Reduce -0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.05%	7,364	$307K	Add +8.7%
TXN Texas Instruments Inc.	0.05%	1,704	$306K	Add +2.3%
DELL Dell Technologies -C	0.05%	3,305	$301K	Reduce -0.3%
FTNT Fortinet Inc.	0.05%	3,129	$301K	Add +4.6%
AXP American Express Co.	0.05%	1,107	$298K	Add +3.9%
XSMO Invesco S&P Smallcap Momentu	0.04%	4,705	$295K	Add +30.3%
NOW ServiceNow Inc.	0.04%	362	$288K	Add +5.8%
CBOE Cboe Global Markets Inc.	0.04%	1,257	$284K	Add +8.9%
UNP Union Pacific Corp.	0.04%	1,183	$279K	Add +7.6%
KKR KKR & Co. Inc.	0.04%	2,414	$279K	Reduce -0.7%
RSG Republic Services Inc.	0.04%	1,143	$277K	Add +3.5%
ETN Eaton Corp. PLC	0.04%	1,014	$276K	No change
INFY Infosys Ltd.-SP ADR	0.04%	15,101	$276K	Reduce -5.7%
EXR Extra Space Storage Inc.	0.04%	1,856	$276K	Add +18.5%
GS Goldman Sachs Group Inc.	0.04%	504	$275K	Add +15.9%
AZO AutoZone Inc.	0.04%	71	$271K	Reduce -1.4%
EMR Emerson Electric Co.	0.04%	2,464	$270K	Add +1.6%
CMCSA Comcast Corp. Class A	0.04%	7,282	$269K	Reduce -1.7%
KR Kroger Co.	0.04%	3,959	$268K	Add +1.9%
NEE Nextera Energy Inc.	0.04%	3,750	$266K	Add +8.9%
GIB Cgi Inc.	0.04%	2,650	$265K	Reduce -7.3%
JMUB JPMorgan Municipal ETF	0.04%	5,290	$265K	Reduce -15.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.04%	2,125	$259K	Add +9.1%
MDLZ Mondelez International Inc. Class A	0.04%	3,806	$258K	Reduce -1.1%
HOV Hovnanian Enterprises-A	0.04%	2,458	$257K	No change
CARR Carrier Global Corp.	0.04%	4,042	$256K	Reduce -0.1%
HUBB Hubbell Inc.	0.04%	769	$254K	Reduce -1.2%
DFAT Dimensional US Target Value	0.04%	4,937	$254K	Add +23.9%
CHTR Charter Communications Inc. Class A	0.04%	688	$254K	Reduce -9.1%
VONG Vanguard Russell 1000 Growth	0.04%	2,705	$251K	Add +1.9%
GD General Dynamics Corp.	0.04%	918	$250K	Add +1.1%
PANW Palo Alto Networks Inc.	0.04%	1,460	$249K	Add +8.2%
USB US Bancorp	0.04%	5,881	$248K	Reduce -9.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO	0.04%	713	$246K	New
MCO Moody's Corp.	0.04%	528	$246K	Add +5.8%
MPC Marathon Petroleum Corp.	0.04%	1,656	$241K	Reduce -3.9%
BSX Boston Scientific Corp.	0.04%	2,389	$241K	New
VIPS Vipshop Holdings Ltd. - ADR	0.04%	15,335	$240K	Add +22.5%
IVW iShares S&P 500 Growth ETF	0.04%	2,577	$239K	No change
TFC Truist Financial Corp.	0.04%	5,795	$238K	Reduce -0.4%
WFC Wells Fargo & Co.	0.04%	3,320	$238K	New
KOF Coca-Cola Femsa Sab-SP ADR	0.04%	2,609	$238K	New
HPQ HP Inc.	0.04%	8,595	$238K	Add +3.6%
CHT Chunghwa Telecom LT-Spon ADR	0.04%	6,008	$236K	Add +4.5%
JOYY Joyy Inc.-ADR	0.04%	5,609	$235K	New
BMY Bristol-Myers Squibb Co.	0.04%	3,837	$234K	Add +4.3%
CB Chubb Ltd.	0.04%	764	$231K	Reduce -0.1%
AON Aon PLC Class A	0.04%	578	$231K	Add +0.9%
FNDE Schwab Fndmntl Em MRK Eq ETF	0.03%	7,385	$227K	Reduce -0.6%
SCHY Schwab International DVD ETF	0.03%	8,928	$227K	Add +0.5%
IT Gartner Inc.	0.03%	539	$226K	Add +0.6%
DE Deere & Co.	0.03%	481	$226K	New
EQH Equitable Holdings Inc.	0.03%	4,301	$224K	No change
PFE Pfizer Inc.	0.03%	8,830	$224K	Add +17.0%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC	0.03%	3,896	$224K	New
SHOC Shoc US Semicon Equity ETF	0.03%	5,574	$221K	Add +0.1%
AIG American International Group	0.03%	2,528	$220K	New
ALL Allstate Corp.	0.03%	1,060	$220K	New
ESGU iShares ESG Aware MSCI USA	0.03%	1,798	$219K	Add +8.4%
XLK SS Technology Select Sector	0.03%	1,055	$218K	No change
NVR NVR Inc.	0.03%	30	$217K	No change
FHLC Fidelity MSCI Health Care	0.03%	3,176	$217K	Add +0.4%
COF Capital One Financial Corp.	0.03%	1,208	$217K	Add +0.5%
MMYT Makemytrip Ltd.	0.03%	2,201	$216K	Reduce -3.9%
BX Blackstone Inc.	0.03%	1,534	$214K	Reduce -0.2%
MU Micron Technology Inc.	0.03%	2,467	$214K	Add +0.5%
CI The Cigna Group	0.03%	649	$214K	Reduce -10.7%
COKE Coca-Cola Consolidated Inc.	0.03%	155	$209K	New
TS Tenaris SA-ADR	0.03%	5,342	$209K	New
AMD Advanced Micro Devices	0.03%	2,029	$208K	Reduce -8.6%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.03%	2,461	$206K	New
KMB Kimberly-Clark Corp.	0.03%	1,451	$206K	New
SCHW Schwab (charles) Corp.	0.03%	2,628	$206K	New
IDCC Interdigital Inc.	0.03%	995	$206K	New
BP BP PLC-Spons ADR	0.03%	6,078	$205K	New
SKM SK Telecom Co. Ltd.-Spon ADR	0.03%	9,611	$204K	Reduce -13.4%
AIT Applied Industrial Tech Inc.	0.03%	906	$204K	Add +0.8%
UBER Uber Technologies Inc.	0.03%	2,760	$201K	New
PBR Petroleo Brasileiro-Spon ADR	0.03%	12,037	$173K	New
SMFG Sumitomo Mitsui-Spons ADR	0.03%	11,105	$172K	Add +8.5%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS	0.03%	21,807	$169K	Reduce -6.1%
HPE Hewlett Packard Enterprise	0.03%	10,788	$166K	Add +0.6%
SAN Banco Santander SA-Spon ADR	0.02%	22,965	$154K	Add +24.7%
VIV Telefonica Brasil-ADR	0.02%	12,250	$107K	New
HLN Haleon PLC-ADR	0.02%	10,294	$106K	Reduce -14.0%
TKC Turkcell Iletisim Hizmet-ADR	0.02%	16,352	$102K	Add +7.4%
VTRS Viatris Inc.	0.02%	11,502	$100K	Reduce -13.2%
MFIN Medallion Financial Corp.	0.01%	10,960	$95K	New
CRWD CrowdStrike Holdings Inc. Class A	0.01%	269	$95K	Add +14.5%
LYG Lloyds Banking Group PLC-ADR	0.01%	20,933	$80K	Add +3.1%
QUAD Quad Graphics Inc.	0.01%	13,720	$75K	Add +8.6%
BEAT Heartbeam Inc.	0.01%	32,987	$66K	No change
LCID Lucid Group Inc.	0.01%	18,250	$44K	New
FF Futurefuel Corp.	0.01%	11,266	$44K	New
SND Smart Sand Inc.	0.01%	13,483	$35K	Reduce -14.8%
BBDO Banco Bradesco-ADR	0.00%	12,521	$26K	New
MAPS WM Technology Inc.	0.00%	17,749	$20K	New

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