D'Orazio & Associates, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), D'Orazio & Associates, Inc. reported 276 stock positions worth $756.9 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.4% of the portfolio, followed by Booz Allen Hamilton (BAH, 8.7%) and iShares MSCI International Q (IQLT, 6.0%). Compared with Q2 2025, it opened 19 new positions, sold out of 20, added to 113 and reduced 116. The biggest buy was iShares MSCI USA Momentum Fa (MTUM, shares +316%) and the biggest sale iShares MSCI International Q (IQLT, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- VIENNA, VA
- CIK
- 0001646821
- Portfolio Value
- $756.9M (Q3 2025)
- SEC Filing
- 0001646821-25-000003 ↗ filed Nov 10, 2025
Holdings Value
Holdings 276 stocks · $756.9M
| VTI VG Morningstar TS MKT ETF-US | 17.44% | 402,259 | $132.0M | Add +2.0% |
| BAH Booz Allen Hamilton Holdings | 8.66% | 655,588 | $65.5M | Add +0.7% |
| IQLT iShares MSCI International Q | 6.05% | 1,035,618 | $45.8M | Reduce -11.1% |
| JPIE JPMorgan Income ETF | 5.53% | 901,942 | $41.9M | Add +6.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.91% | 73,919 | $37.2M | Reduce -3.8% |
| QQQM Invesco Nasdaq 100 ETF | 4.65% | 142,282 | $35.2M | Reduce -5.9% |
| VEA Vanguard Ftse Developed ETF | 4.47% | 564,447 | $33.8M | Reduce -0.7% |
| DGRO iShares Core Dividend Growth | 4.06% | 451,788 | $30.8M | Reduce -4.9% |
| QQQ Invesco QQQ Trust Series 1 | 2.52% | 31,773 | $19.1M | Reduce -15.0% |
| UNH Unitedhealth Group Inc. | 2.22% | 48,645 | $16.8M | Add +0.6% |
| SPGP Invesco S&P 500 Garp ETF | 2.15% | 142,931 | $16.2M | Reduce -28.4% |
| JQUA JPMorgan US Quality Factor | 2.14% | 257,028 | $16.2M | Reduce -3.1% |
| MSFT Microsoft Corp. | 1.73% | 25,252 | $13.1M | Add +2.3% |
| MTUM iShares MSCI USA Momentum Fa | 1.65% | 48,620 | $12.5M | Add +315.8% |
| IDMO Invesco S&P International DE | 1.55% | 217,529 | $11.7M | Add +347.3% |
| AVDV Avantis Intl S/C Value ETF | 1.53% | 130,377 | $11.6M | Reduce -0.8% |
| VCRB Vanguard Core Bond ETF | 1.39% | 134,073 | $10.5M | Add +355.3% |
| AAPL Apple Inc. | 1.35% | 40,205 | $10.2M | Add +4.7% |
| GARP iShares MSCI USA Quality Gar | 1.15% | 132,525 | $8.7M | Add +8.2% |
| NVDA Nvidia Corp. | 1.12% | 45,504 | $8.5M | Add +4.1% |
| VOO Vanguard S&P 500 ETF | 0.99% | 12,265 | $7.5M | Add +0.0% |
| AVEM Avantis Emerging Markets Eq | 0.83% | 84,107 | $6.3M | Reduce -8.2% |
| LMT Lockheed Martin Corp. | 0.77% | 11,652 | $5.8M | Reduce -17.2% |
| AMZN Amazon.com Inc. | 0.61% | 21,177 | $4.6M | Add +5.5% |
| VIG Vanguard Dividend Apprec ETF | 0.48% | 16,787 | $3.6M | Reduce -6.0% |
| GOOGL Alphabet Inc. Class A | 0.43% | 13,460 | $3.3M | Add +5.8% |
| VWO Vanguard Ftse Emerging Marke | 0.43% | 59,847 | $3.2M | Reduce -11.9% |
| TSLA Tesla Inc. | 0.43% | 7,291 | $3.2M | Add +23.5% |
| GOOG Alphabet Inc. Class C | 0.43% | 13,283 | $3.2M | Add +5.3% |
| META Meta Platforms Inc. Class A | 0.40% | 4,088 | $3.0M | Add +5.4% |
| AVGO Broadcom Inc. | 0.39% | 8,833 | $2.9M | Add +2.5% |
| TTEK Tetra Tech Inc. | 0.35% | 78,904 | $2.6M | Reduce -0.5% |
| TTMI TTM Technologies | 0.34% | 45,038 | $2.6M | Reduce -10.7% |
| GLD SPDR Gold Shares | 0.33% | 7,001 | $2.5M | No change |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.32% | 42,148 | $2.4M | No change |
| MAR Marriott International Class A | 0.29% | 8,431 | $2.2M | Reduce -9.1% |
| BOND PIMCO Active Bond Exchange-T | 0.29% | 23,455 | $2.2M | Reduce -20.7% |
| CLS Celestica Inc. | 0.28% | 8,719 | $2.1M | Reduce -6.4% |
| V Visa Inc. Class A | 0.28% | 6,180 | $2.1M | Add +0.5% |
| SCHB Schwab US Broad Market ETF | 0.28% | 81,745 | $2.1M | No change |
| JPM JPMorgan Chase & Co. | 0.26% | 6,252 | $2.0M | Add +1.7% |
| ORCL Oracle Corp. | 0.25% | 6,675 | $1.9M | Reduce -0.0% |
| WMT Walmart Inc. | 0.24% | 17,380 | $1.8M | Add +0.4% |
| SPR Spirit Aerosystems Hold Class A | 0.22% | 44,017 | $1.7M | No change |
| JNJ Johnson & Johnson | 0.22% | 9,015 | $1.7M | Reduce -7.7% |
| ITOT iShares Core S&P Total U.S. | 0.21% | 11,106 | $1.6M | Reduce -0.7% |
| PM Philip Morris International | 0.20% | 9,519 | $1.5M | Reduce -0.2% |
| NFLX Netflix Inc. | 0.20% | 1,284 | $1.5M | Reduce -3.9% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 8,127 | $1.5M | Add +21.8% |
| JEPI JPMorgan Equity Premium Inco | 0.19% | 24,683 | $1.4M | Reduce -15.4% |
| COST Costco Wholesale Corp. | 0.18% | 1,487 | $1.4M | Reduce -1.7% |
| HD Home Depot Inc. | 0.18% | 3,380 | $1.4M | Add +1.6% |
| LLY Eli Lilly & Co. | 0.18% | 1,791 | $1.4M | Reduce -9.7% |
| LOW Lowe's Cos Inc. | 0.16% | 4,852 | $1.2M | Add +1.4% |
| DXCM Dexcom Inc. | 0.16% | 17,785 | $1.2M | Add +0.0% |
| ABBV Abbvie Inc. | 0.15% | 5,068 | $1.2M | Add +7.3% |
| XOM Exxon Mobil Corp. | 0.15% | 10,359 | $1.2M | Add +1.6% |
| MO Altria Group Inc. | 0.15% | 16,918 | $1.1M | Add +2.5% |
| JOBY Joby Aviation Inc. | 0.15% | 68,520 | $1.1M | No change |
| APP AppLovin Corp. Class A | 0.14% | 1,496 | $1.1M | Reduce -3.7% |
| MA Mastercard Inc. Class A | 0.13% | 1,756 | $999K | Add +3.8% |
| HON Honeywell International Inc. | 0.13% | 4,690 | $987K | Reduce -2.3% |
| SNPS Synopsys Inc. | 0.12% | 1,895 | $935K | New |
| PG The Procter & Gamble Co. | 0.12% | 5,676 | $872K | Reduce -3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 1,298 | $865K | No change |
| BTI British American Tob-SP ADR | 0.11% | 16,249 | $862K | Add +1.1% |
| QUAL iShares MSCI USA Quality Fac | 0.11% | 4,330 | $842K | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 2,979 | $841K | Add +0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.11% | 3,195 | $812K | Reduce -40.5% |
| ACN Accenture PLC Class A | 0.11% | 3,292 | $812K | Reduce -17.2% |
| BCS Barclays PLC-Spons ADR | 0.11% | 39,193 | $810K | Add +5.3% |
| RELX Relx PLC - Spon ADR | 0.11% | 16,718 | $798K | Reduce -4.5% |
| AMGN Amgen Inc. | 0.10% | 2,802 | $791K | Add +1.8% |
| KO The Coca-Cola Co. | 0.10% | 11,676 | $774K | Reduce -5.0% |
| JMUB JPMorgan Municipal ETF | 0.10% | 15,131 | $764K | Add +71.7% |
| ABT Abbott Laboratories | 0.10% | 5,598 | $750K | Add +2.4% |
| CVX Chevron Corp. | 0.09% | 4,618 | $717K | Add +5.8% |
| JCPB JPMorgan Core Plus Bond ETF | 0.09% | 15,005 | $713K | Add +17.4% |
| MCK McKesson Corp. | 0.09% | 920 | $711K | Reduce -8.6% |
| GILD Gilead Sciences Inc. | 0.09% | 6,376 | $708K | Add +19.5% |
| VZ Verizon Communications Inc. | 0.09% | 15,921 | $700K | Add +12.9% |
| VGT Vanguard Info Tech ETF | 0.09% | 933 | $696K | Reduce -0.3% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.09% | 35,873 | $691K | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.09% | 10,040 | $687K | Add +0.8% |
| T AT&T Inc. | 0.09% | 24,269 | $685K | Add +6.8% |
| CRH CRH PLC | 0.09% | 5,409 | $649K | Reduce -1.3% |
| EME Emcor Group Inc. | 0.08% | 979 | $636K | Reduce -0.1% |
| DFUV Dimensional US Marketwide Va | 0.08% | 14,143 | $632K | No change |
| SJNK SS SPDR BB St Hi Yield ETF | 0.08% | 24,388 | $624K | No change |
| VGSH Vanguard Short-Term Treasury | 0.08% | 10,460 | $616K | Add +84.0% |
| MCD McDonald's Corp. | 0.08% | 2,007 | $610K | Reduce -3.7% |
| VALE Vale SA-SP ADR | 0.08% | 55,809 | $606K | Add +19.9% |
| NWG Natwest Group PLC -Spon ADR | 0.08% | 42,585 | $603K | Reduce -1.0% |
| EBAY eBay Inc. | 0.08% | 6,606 | $601K | Reduce -1.1% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.08% | 15,048 | $600K | No change |
| GE General Electric filed as GE AEROSPACE | 0.08% | 1,984 | $597K | Reduce -0.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.08% | 6,747 | $589K | Add +3.6% |
| FICO Fair Isaac Corp. | 0.08% | 393 | $588K | Reduce -1.3% |
| SCHG Schwab US Large-Cap Growth | 0.07% | 17,777 | $567K | No change |
| FTEC Fidelity MSCI Info Tech Indx | 0.07% | 2,529 | $562K | Add +0.0% |
Options reported separately and not counted above: PANW calls ($204K), BAH calls ($200K).
Portfolio Sells Q2 2025 → Q3 2025
| IQLT iShares MSCI International Q | Reduce -11.1% | 6.05% | −1.06 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -28.4% | 2.15% | −0.89 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -15.0% | 2.52% | −0.39 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -3.8% | 4.91% | −0.36 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.27 |
| DGRO iShares Core Dividend Growth | Reduce -4.9% | 4.06% | −0.22 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -5.9% | 4.65% | −0.20 |
| LMT Lockheed Martin Corp. | Reduce -17.2% | 0.77% | −0.15 |
| JQUA JPMorgan US Quality Factor | Reduce -3.1% | 2.14% | −0.11 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.7% | 4.47% | −0.11 |
| BOND PIMCO Active Bond Exchange-T | Reduce -20.7% | 0.29% | −0.10 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -40.5% | 0.11% | −0.07 |
| MAR Marriott International Class A | Reduce -9.1% | 0.29% | −0.07 |
| HDV iShares Core High Dividend E | Sold out | 0.00% | −0.06 |
| ACN Accenture PLC Class A | Reduce -17.2% | 0.11% | −0.06 |
| TTEK Tetra Tech Inc. | Reduce -0.5% | 0.35% | −0.05 |
| AVEM Avantis Emerging Markets Eq | Reduce -8.2% | 0.83% | −0.05 |
| NFLX Netflix Inc. | Reduce -3.9% | 0.20% | −0.05 |
| AVUV Avantis US Small Cap Value | Reduce -41.8% | 0.07% | −0.05 |
| JEPI JPMorgan Equity Premium Inco | Reduce -15.4% | 0.19% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -11.9% | 0.43% | −0.05 |
| GIB Cgi Inc. | Sold out | 0.00% | −0.04 |
| PM Philip Morris International | Reduce -0.2% | 0.20% | −0.04 |
| LMB Limbach Holdings Inc. | Reduce -12.5% | 0.05% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -9.7% | 0.18% | −0.04 |
| VIG Vanguard Dividend Apprec ETF | Reduce -6.0% | 0.48% | −0.04 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.04 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.03 |
| ESGU iShares ESG Aware MSCI USA | Sold out | 0.00% | −0.03 |
| CHTR Charter Communications Inc. Class A | Sold out | 0.00% | −0.03 |
| CSL Carlisle Cos Inc. | Sold out | 0.00% | −0.03 |
| AIG American International Group | Sold out | 0.00% | −0.03 |
| DE Deere & Co. | Sold out | 0.00% | −0.03 |
| IT Gartner Inc. | Sold out | 0.00% | −0.03 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 0.18% | −0.03 |
| MMYT Makemytrip Ltd. | Sold out | 0.00% | −0.03 |
| AMP Ameriprise Financial Inc. | Sold out | 0.00% | −0.03 |
| CNI Canadian Natl Railway Co. | Sold out | 0.00% | −0.03 |
| RELX Relx PLC - Spon ADR | Reduce -4.5% | 0.11% | −0.03 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.03 |
| HON Honeywell International Inc. | Reduce -2.3% | 0.13% | −0.03 |
| AUB Atlantic Union Bankshares Co. | Reduce -30.1% | 0.07% | −0.03 |
| FICO Fair Isaac Corp. | Reduce -1.3% | 0.08% | −0.03 |
| CRM Salesforce Inc. | Reduce -13.1% | 0.06% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -26.0% | 0.03% | −0.02 |
| FTK Flotek Industries Inc. | Sold out | 0.00% | −0.02 |
| KO The Coca-Cola Co. | Reduce -5.0% | 0.10% | −0.02 |
| HLN Haleon PLC-ADR | Sold out | 0.00% | −0.02 |
| FINV Finvolution Group-ADR | Reduce -1.2% | 0.05% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| MTUM iShares MSCI USA Momentum Fa | Add +315.8% | 1.65% | +1.25 |
| IDMO Invesco S&P International DE | Add +347.3% | 1.55% | +1.20 |
| VCRB Vanguard Core Bond ETF | Add +355.3% | 1.39% | +1.07 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.0% | 17.44% | +0.52 |
| AAPL Apple Inc. | Add +4.7% | 1.35% | +0.24 |
| TSLA Tesla Inc. | Add +23.5% | 0.43% | +0.16 |
| NVDA Nvidia Corp. | Add +4.1% | 1.12% | +0.15 |
| SNPS Synopsys Inc. | New | 0.12% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +5.8% | 0.43% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +5.3% | 0.43% | +0.11 |
| GARP iShares MSCI USA Quality Gar | Add +8.2% | 1.15% | +0.11 |
| UNH Unitedhealth Group Inc. | Add +0.6% | 2.22% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | Add +21.8% | 0.20% | +0.07 |
| AVGO Broadcom Inc. | Add +2.5% | 0.39% | +0.05 |
| BKTI BK Technologies Corp. | New | 0.04% | +0.04 |
| WB Weibo Corp.-Spon ADR | New | 0.04% | +0.04 |
| JMUB JPMorgan Municipal ETF | Add +71.7% | 0.10% | +0.04 |
| VGSH Vanguard Short-Term Treasury | Add +84.0% | 0.08% | +0.03 |
| BABA Alibaba Group Holding-SP ADR | New | 0.03% | +0.03 |
| ABBV Abbvie Inc. | Add +7.3% | 0.15% | +0.03 |
| UI Ubiquiti Inc. | New | 0.03% | +0.03 |
| IAUM iShares Gold Trust Micro | New | 0.03% | +0.03 |
| IBEX Ibex Ltd. | New | 0.03% | +0.03 |
| TLK Telkom Indonesia Persero-ADR | Add +67.0% | 0.07% | +0.03 |
| ULTA Ulta Beauty Inc. | New | 0.03% | +0.03 |
| RGTI Rigetti Computing Inc. | New | 0.03% | +0.03 |
| GSL Global Ship Lease Inc. Class A | New | 0.03% | +0.03 |
| SCHX Schwab US Large-Cap ETF | New | 0.03% | +0.03 |
| CASY Casey's General Stores Inc. | New | 0.03% | +0.03 |
| TIMB Tim SA-ADR | New | 0.03% | +0.03 |
| ADSK Autodesk Inc. | New | 0.03% | +0.03 |
| SLV iShares Silver Trust | New | 0.03% | +0.03 |
| PSIX Power Solutions Internationa | Add +2.3% | 0.06% | +0.02 |
| MDT Medtronic PLC | Add +49.7% | 0.06% | +0.02 |
| STX Seagate Technology Holdings | Add +4.4% | 0.05% | +0.02 |
| WNEB Western New England Bancorp | New | 0.02% | +0.02 |
| VALE Vale SA-SP ADR | Add +19.9% | 0.08% | +0.02 |
| CX Cemex Sab-Spons ADR Part Cer | New | 0.02% | +0.02 |
| PEP Pepsico Inc. | Add +29.5% | 0.07% | +0.02 |
| PBYI Puma Biotechnology Inc. | Add +112.5% | 0.02% | +0.02 |
| PFE Pfizer Inc. | Add +40.4% | 0.05% | +0.01 |
| KGC Kinross Gold Corp. | Add +3.5% | 0.04% | +0.01 |
| C Citigroup Inc. | Add +7.0% | 0.07% | +0.01 |
| AEM Agnico Eagle Mines Ltd. | Add +4.5% | 0.04% | +0.01 |
| LOW Lowe's Cos Inc. | Add +1.4% | 0.16% | +0.01 |
| MO Altria Group Inc. | Add +2.5% | 0.15% | +0.01 |
| USB US Bancorp | Add +37.6% | 0.04% | +0.01 |
| III Information Services Group | New | 0.01% | +0.01 |
| MLI Mueller Industries Inc. | Add +1.7% | 0.06% | +0.01 |
| GILD Gilead Sciences Inc. | Add +19.5% | 0.09% | +0.01 |
Options Activity Q2 2025 → Q3 2025
| BAH Booz Allen Hamilton Holdings | call | Reduce -80.0% | 2,000 | $200K |
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 |