D'Orazio & Associates, Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), D'Orazio & Associates, Inc. reported 284 stock positions worth $782.3 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 17.5% of the portfolio, followed by Booz Allen Hamilton (BAH, 7.8%) and iShares MSCI International Q (IQLT, 5.9%). Compared with Q3 2025, it opened 23 new positions, sold out of 15, added to 155 and reduced 80. The biggest buy was Vanguard Core Bond ETF (VCRB, shares +54%) and the biggest sale Invesco S&P 500 Garp ETF (SPGP, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- VIENNA, VA
- CIK
- 0001646821
- Portfolio Value
- $782.3M (Q4 2025)
- SEC Filing
- 0001646821-26-000001 ↗ filed Feb 4, 2026
Holdings Value
Holdings 284 stocks · $782.3M
| VTI VG Morningstar TS MKT ETF-US | 17.49% | 408,161 | $136.8M | Add +1.5% |
| BAH Booz Allen Hamilton Holdings | 7.76% | 719,696 | $60.7M | Add +9.8% |
| IQLT iShares MSCI International Q | 5.88% | 1,012,270 | $46.0M | Reduce -2.3% |
| JPIE JPMorgan Income ETF | 5.52% | 933,629 | $43.2M | Add +3.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 4.65% | 72,298 | $36.3M | Reduce -2.2% |
| QQQM Invesco Nasdaq 100 ETF | 4.58% | 141,713 | $35.8M | Reduce -0.4% |
| VEA Vanguard Ftse Developed ETF | 4.56% | 571,381 | $35.7M | Add +1.2% |
| DGRO iShares Core Dividend Growth | 3.92% | 441,376 | $30.6M | Reduce -2.3% |
| QQQ Invesco QQQ Trust Series 1 | 2.45% | 31,189 | $19.2M | Reduce -1.8% |
| JQUA JPMorgan US Quality Factor | 2.09% | 258,724 | $16.3M | Add +0.7% |
| UNH Unitedhealth Group Inc. | 2.06% | 48,732 | $16.1M | Add +0.2% |
| VCRB Vanguard Core Bond ETF | 2.05% | 205,899 | $16.0M | Add +53.6% |
| IDMO Invesco S&P International DE | 1.89% | 266,107 | $14.8M | Add +22.3% |
| SPGP Invesco S&P 500 Garp ETF | 1.85% | 127,290 | $14.5M | Reduce -10.9% |
| MTUM iShares MSCI USA Momentum Fa | 1.84% | 57,464 | $14.4M | Add +18.2% |
| AVDV Avantis Intl S/C Value ETF | 1.61% | 134,229 | $12.6M | Add +3.0% |
| MSFT Microsoft Corp. | 1.56% | 25,183 | $12.2M | Reduce -0.3% |
| AAPL Apple Inc. | 1.53% | 44,074 | $12.0M | Add +9.6% |
| GARP iShares MSCI USA Quality Gar | 1.33% | 152,367 | $10.4M | Add +15.0% |
| NVDA Nvidia Corp. | 1.13% | 47,408 | $8.8M | Add +4.2% |
| VOO Vanguard S&P 500 ETF | 0.99% | 12,341 | $7.7M | Add +0.6% |
| AVEM Avantis Emerging Markets Eq | 0.84% | 84,926 | $6.5M | Add +1.0% |
| LMT Lockheed Martin Corp. | 0.72% | 11,646 | $5.6M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 0.66% | 22,442 | $5.2M | Add +6.0% |
| GOOGL Alphabet Inc. Class A | 0.56% | 14,001 | $4.4M | Add +4.0% |
| GOOG Alphabet Inc. Class C | 0.54% | 13,543 | $4.2M | Add +2.0% |
| VIG Vanguard Dividend Apprec ETF | 0.46% | 16,315 | $3.6M | Reduce -2.8% |
| TSLA Tesla Inc. | 0.44% | 7,682 | $3.5M | Add +5.4% |
| AVGO Broadcom Inc. | 0.40% | 9,010 | $3.1M | Add +2.0% |
| TTMI TTM Technologies | 0.40% | 45,038 | $3.1M | No change |
| GLD SPDR Gold Shares | 0.40% | 7,841 | $3.1M | Add +12.0% |
| VWO Vanguard Ftse Emerging Marke | 0.39% | 57,215 | $3.1M | Reduce -4.4% |
| META Meta Platforms Inc. Class A | 0.33% | 3,920 | $2.6M | Reduce -4.1% |
| MAR Marriott International Class A | 0.33% | 8,268 | $2.6M | Reduce -1.9% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.32% | 43,208 | $2.5M | Add +2.5% |
| CLS Celestica Inc. | 0.30% | 7,904 | $2.3M | Reduce -9.3% |
| LLY Eli Lilly & Co. | 0.28% | 2,059 | $2.2M | Add +15.0% |
| SCHB Schwab US Broad Market ETF | 0.28% | 83,720 | $2.2M | Add +2.4% |
| TTEK Tetra Tech Inc. | 0.28% | 65,395 | $2.2M | Reduce -17.1% |
| V Visa Inc. Class A | 0.28% | 6,161 | $2.2M | Reduce -0.3% |
| BOND PIMCO Active Bond Exchange-T | 0.27% | 22,418 | $2.1M | Reduce -4.4% |
| JNJ Johnson & Johnson | 0.26% | 9,901 | $2.0M | Add +9.8% |
| JPM JPMorgan Chase & Co. | 0.26% | 6,354 | $2.0M | Add +1.6% |
| BA The Boeing Co. | 0.26% | 9,355 | $2.0M | New |
| WMT Walmart Inc. | 0.25% | 17,526 | $2.0M | Add +0.8% |
| ITOT iShares Core S&P Total U.S. | 0.22% | 11,386 | $1.7M | Add +2.5% |
| XOM Exxon Mobil Corp. | 0.19% | 12,255 | $1.5M | Add +18.3% |
| PM Philip Morris International | 0.18% | 8,973 | $1.4M | Reduce -5.7% |
| JEPI JPMorgan Equity Premium Inco | 0.18% | 24,624 | $1.4M | Reduce -0.2% |
| ABBV Abbvie Inc. | 0.16% | 5,594 | $1.3M | Add +10.4% |
| LOW Lowe's Cos Inc. | 0.16% | 5,248 | $1.3M | Add +8.2% |
| PLTR Palantir Technologies Inc. Class A | 0.16% | 7,065 | $1.3M | Reduce -13.1% |
| COST Costco Wholesale Corp. | 0.16% | 1,414 | $1.2M | Reduce -4.9% |
| HD Home Depot Inc. | 0.15% | 3,498 | $1.2M | Add +3.5% |
| ORCL Oracle Corp. | 0.15% | 5,996 | $1.2M | Reduce -10.2% |
| NFLX Netflix Inc. | 0.15% | 12,249 | $1.1M | Reduce -4.6% |
| MA Mastercard Inc. Class A | 0.13% | 1,812 | $1.0M | Add +3.2% |
| QUAL iShares MSCI USA Quality Fac | 0.13% | 5,047 | $1.0M | Add +16.6% |
| APP AppLovin Corp. Class A | 0.13% | 1,482 | $998K | Reduce -0.9% |
| BCS Barclays PLC-Spons ADR | 0.13% | 39,150 | $996K | Reduce -0.1% |
| ACN Accenture PLC Class A | 0.13% | 3,683 | $988K | Add +11.9% |
| MO Altria Group Inc. | 0.12% | 16,694 | $963K | Reduce -1.3% |
| AMGN Amgen Inc. | 0.12% | 2,910 | $953K | Add +3.9% |
| BTI British American Tob-SP ADR | 0.12% | 16,693 | $945K | Add +2.7% |
| JOBY Joby Aviation Inc. | 0.11% | 67,945 | $897K | Reduce -0.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 3,020 | $895K | Add +1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.11% | 1,308 | $892K | Add +0.8% |
| SNPS Synopsys Inc. | 0.11% | 1,868 | $877K | Reduce -1.4% |
| GILD Gilead Sciences Inc. | 0.11% | 7,062 | $867K | Add +10.8% |
| VCRM Vanguard Core Tax-Ex Bond | 0.11% | 11,365 | $859K | New |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.11% | 36,693 | $855K | Add +2.3% |
| KO The Coca-Cola Co. | 0.11% | 12,068 | $844K | Add +3.4% |
| PG The Procter & Gamble Co. | 0.11% | 5,758 | $825K | Add +1.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.11% | 3,196 | $824K | Add +0.0% |
| VALE Vale SA-SP ADR | 0.10% | 62,503 | $814K | Add +12.0% |
| CSCO Cisco Systems Inc. | 0.10% | 10,385 | $800K | Add +3.4% |
| MCK McKesson Corp. | 0.10% | 951 | $780K | Add +3.4% |
| CVX Chevron Corp. | 0.10% | 4,880 | $744K | Add +5.7% |
| JMUB JPMorgan Municipal ETF | 0.09% | 14,311 | $723K | Reduce -5.4% |
| TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA | 0.09% | 33,931 | $714K | Add +22.2% |
| ABT Abbott Laboratories | 0.09% | 5,585 | $700K | Reduce -0.2% |
| HON Honeywell International Inc. | 0.09% | 3,556 | $694K | Reduce -24.2% |
| JCPB JPMorgan Core Plus Bond ETF | 0.09% | 14,633 | $693K | Reduce -2.5% |
| NWG Natwest Group PLC -Spon ADR | 0.09% | 39,424 | $690K | Reduce -7.4% |
| VGT Vanguard Info Tech ETF | 0.09% | 915 | $689K | Reduce -1.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.09% | 7,681 | $687K | Add +13.8% |
| CRH CRH PLC | 0.09% | 5,456 | $681K | Add +0.9% |
| MU Micron Technology Inc. | 0.09% | 2,378 | $679K | Add +2.9% |
| FICO Fair Isaac Corp. | 0.08% | 393 | $664K | No change |
| PFE Pfizer Inc. | 0.08% | 26,510 | $660K | Add +90.9% |
| MCD McDonald's Corp. | 0.08% | 2,157 | $659K | Add +7.5% |
| DFUV Dimensional US Marketwide Va | 0.08% | 14,143 | $659K | No change |
| C Citigroup Inc. | 0.08% | 5,635 | $658K | Add +3.7% |
| VGSH Vanguard Short-Term Treasury | 0.08% | 11,077 | $651K | Add +5.9% |
| PEP Pepsico Inc. | 0.08% | 4,469 | $641K | Add +23.4% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 2,060 | $635K | Add +3.8% |
| CAH Cardinal Health Inc. | 0.08% | 3,071 | $631K | Add +1.5% |
| IQDG Wisdomtree Intl QLTY DVD GRW | 0.08% | 15,048 | $624K | No change |
| SJNK SS SPDR BB St Hi Yield ETF | 0.08% | 24,389 | $618K | Add +0.0% |
| VHT Vanguard Health Care ETF | 0.08% | 2,140 | $616K | No change |
Options reported separately and not counted above: BAH calls ($169K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $5K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BEATW Heartbeam Inc.-CW26 | *W EXP 10/31/202 | 16,000 | $5K | New |
Total filed on the 13F, all lines: $782.3M.
Portfolio Sells Q3 2025 → Q4 2025
| SPGP Invesco S&P 500 Garp ETF | Reduce -10.9% | 1.85% | −0.29 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.2% | 4.65% | −0.26 |
| SPR Spirit Aerosystems Hold Class A | Sold out | 0.00% | −0.22 |
| MSFT Microsoft Corp. | Reduce -0.3% | 1.56% | −0.17 |
| IQLT iShares MSCI International Q | Reduce -2.3% | 5.88% | −0.17 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.16 |
| DGRO iShares Core Dividend Growth | Reduce -2.3% | 3.92% | −0.15 |
| ORCL Oracle Corp. | Reduce -10.2% | 0.15% | −0.10 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.8% | 2.45% | −0.07 |
| TTEK Tetra Tech Inc. | Reduce -17.1% | 0.28% | −0.07 |
| META Meta Platforms Inc. Class A | Reduce -4.1% | 0.33% | −0.07 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -0.4% | 4.58% | −0.06 |
| NFLX Netflix Inc. | Reduce -4.6% | 0.15% | −0.06 |
| LMT Lockheed Martin Corp. | Reduce -0.1% | 0.72% | −0.05 |
| HON Honeywell International Inc. | Reduce -24.2% | 0.09% | −0.04 |
| PLTR Palantir Technologies Inc. Class A | Reduce -13.1% | 0.16% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -4.4% | 0.39% | −0.04 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.03 |
| RELX Relx PLC - Spon ADR | Reduce -15.2% | 0.07% | −0.03 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.03 |
| JOBY Joby Aviation Inc. | Reduce -0.8% | 0.11% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.03 |
| UI Ubiquiti Inc. | Sold out | 0.00% | −0.03 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.03 |
| PSIX Power Solutions Internationa | Reduce -5.5% | 0.03% | −0.03 |
| RGTI Rigetti Computing Inc. | Sold out | 0.00% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.03 |
| T AT&T Inc. | Reduce -18.9% | 0.06% | −0.03 |
| AJG Arthur J Gallagher & Co. | Sold out | 0.00% | −0.03 |
| TIMB Tim SA-ADR | Sold out | 0.00% | −0.03 |
| AON Aon PLC Class A | Sold out | 0.00% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -4.9% | 0.16% | −0.03 |
| ADP Automatic Data Processing | Reduce -23.5% | 0.05% | −0.03 |
| MO Altria Group Inc. | Reduce -1.3% | 0.12% | −0.02 |
| FINV Finvolution Group-ADR | Reduce -26.1% | 0.02% | −0.02 |
| BOND PIMCO Active Bond Exchange-T | Reduce -4.4% | 0.27% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.8% | 0.46% | −0.02 |
| PM Philip Morris International | Reduce -5.7% | 0.18% | −0.02 |
| JBS JBS NV-A | Sold out | 0.00% | −0.02 |
| WNEB Western New England Bancorp | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -10.4% | 0.07% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -25.9% | 0.04% | −0.02 |
| PAYX Paychex Inc. | Reduce -29.7% | 0.03% | −0.02 |
| EME Emcor Group Inc. | Reduce -12.9% | 0.07% | −0.02 |
| LX Lexinfintech Holdings L-ADR | Reduce -52.5% | 0.01% | −0.02 |
| APP AppLovin Corp. Class A | Reduce -0.9% | 0.13% | −0.01 |
| WB Weibo Corp.-Spon ADR | Reduce -20.2% | 0.03% | −0.01 |
| AUB Atlantic Union Bankshares Co. | Reduce -16.8% | 0.06% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -3.5% | 0.05% | −0.01 |
| ICL Icl Group Ltd. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VCRB Vanguard Core Bond ETF | Add +53.6% | 2.05% | +0.66 |
| IDMO Invesco S&P International DE | Add +22.3% | 1.89% | +0.34 |
| BA The Boeing Co. | New | 0.26% | +0.26 |
| MTUM iShares MSCI USA Momentum Fa | Add +18.2% | 1.84% | +0.19 |
| AAPL Apple Inc. | Add +9.6% | 1.53% | +0.18 |
| GARP iShares MSCI USA Quality Gar | Add +15.0% | 1.33% | +0.18 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 0.56% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +2.0% | 0.54% | +0.12 |
| VCRM Vanguard Core Tax-Ex Bond | New | 0.11% | +0.11 |
| LLY Eli Lilly & Co. | Add +15.0% | 0.28% | +0.10 |
| VEA Vanguard Ftse Developed ETF | Add +1.2% | 4.56% | +0.09 |
| AVDV Avantis Intl S/C Value ETF | Add +3.0% | 1.61% | +0.08 |
| GLD SPDR Gold Shares | Add +12.0% | 0.40% | +0.07 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.5% | 17.49% | +0.05 |
| AMZN Amazon.com Inc. | Add +6.0% | 0.66% | +0.05 |
| JNJ Johnson & Johnson | Add +9.8% | 0.26% | +0.04 |
| PFE Pfizer Inc. | Add +90.9% | 0.08% | +0.04 |
| EXPE Expedia Group Inc. | New | 0.04% | +0.04 |
| MU Micron Technology Inc. | Add +2.9% | 0.09% | +0.04 |
| VGMS Vanguard Multi-Sector | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +18.3% | 0.19% | +0.03 |
| SYF Synchrony Financial | New | 0.03% | +0.03 |
| NEM Newmont Corp. | New | 0.03% | +0.03 |
| GM General Motors Co. | New | 0.03% | +0.03 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| MGA Magna International Inc. | New | 0.03% | +0.03 |
| MNST Monster Beverage Corp. | New | 0.03% | +0.03 |
| BELFB Bel Fuse Inc. Class B | New | 0.03% | +0.03 |
| FOXA Fox Corp. Class A | New | 0.03% | +0.03 |
| CTSH Cognizant Tech Solutions-A | New | 0.03% | +0.03 |
| IX Orix - Sponsored ADR | New | 0.03% | +0.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.03% | +0.03 |
| AMAT Applied Materials Inc. | New | 0.03% | +0.03 |
| COKE Coca-Cola Consolidated Inc. | New | 0.03% | +0.03 |
| BPOP Popular Inc. | New | 0.03% | +0.03 |
| AIG American International Group | New | 0.03% | +0.03 |
| AEP American Electric Power | New | 0.03% | +0.03 |
| DE Deere & Co. | New | 0.03% | +0.03 |
| ISRG Intuitive Surgical Inc. | New | 0.03% | +0.03 |
| GSLC Goldman Activebeta US LC ETF | New | 0.03% | +0.03 |
| VALE Vale SA-SP ADR | Add +12.0% | 0.10% | +0.02 |
| MRK Merck & Co. Inc. | Add +50.8% | 0.05% | +0.02 |
| TLK Telkom Indonesia Persero-ADR | Add +22.2% | 0.09% | +0.02 |
| CX Cemex Sab-Spons ADR Part Cer | Add +83.8% | 0.03% | +0.02 |
| ACN Accenture PLC Class A | Add +11.9% | 0.13% | +0.02 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +2.3% | 0.11% | +0.02 |
| CAH Cardinal Health Inc. | Add +1.5% | 0.08% | +0.02 |
| USB US Bancorp | Add +34.7% | 0.06% | +0.02 |
| AMGN Amgen Inc. | Add +3.9% | 0.12% | +0.02 |
| GILD Gilead Sciences Inc. | Add +10.8% | 0.11% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| PANW Palo Alto Networks Inc. | call | Sold out | 1,000 | $204Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| BEATW Heartbeam Inc.-CW26 | *W EXP 10/31/202 | New | 16,000 | $5K |
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 | 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 |