Drake & Associates, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Drake & Associates, LLC reported 102 stock positions worth $477.4 million. Its top holding was Fidelity Total Bond ETF (FBND) at 8.1% of the portfolio, followed by Columbia Resear Enh Cor ETF (RECS, 7.9%) and Putnam Focused LRG Cap Value (PVAL, 6.6%). Compared with Q2 2025, it opened 23 new positions, sold out of 13, added to 42 and reduced 37. The biggest buy was a new position in Putnam Focused LRG Cap Value (PVAL) and the biggest sale iShares Core S&P U.S. Value (IUSV, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- WAUKESHA, WI
- CIK
- 0001935795
- Portfolio Value
- $477.4M (Q3 2025)
- SEC Filing
- 0001935795-25-000008 ↗ filed Nov 6, 2025
Holdings Value
Holdings 102 stocks · $477.4M
| FBND Fidelity Total Bond ETF | 8.11% | 837,627 | $38.7M | Add +14.3% |
| RECS Columbia Resear Enh Cor ETF | 7.88% | 926,036 | $37.6M | Add +10.2% |
| PVAL Putnam Focused LRG Cap Value | 6.56% | 723,972 | $31.3M | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 6.39% | 285,190 | $30.5M | Add +3.5% |
| JAAA Janus Henderson Aaa Clo ETF | 6.14% | 579,797 | $29.3M | Add +17.9% |
| TWO RDS SHARED TR | 6.10% | 3,080,511 | $29.1M | New |
| ACWI iShares MSCI Acwi ETF | 6.01% | 204,224 | $28.7M | Add +11.5% |
| IJH iShares Core S&P Midcap ETF | 5.80% | 427,500 | $27.7M | Add +14.3% |
| IDMO Invesco S&P International DE | 4.71% | 417,389 | $22.5M | Add +24.0% |
| PYLD PIMCO Multisector Bond Actv | 4.57% | 817,074 | $21.8M | New |
| OUNZ Vaneck Merk Gold ETF | 3.61% | 450,017 | $17.3M | Add +12.4% |
| AVUV Avantis US Small Cap Value | 3.33% | 162,630 | $15.9M | Add +14.9% |
| QQQM Invesco Nasdaq 100 ETF | 2.69% | 50,061 | $12.8M | Add +4.8% |
| EDIV State Street SPDR S&P Emergi | 2.24% | 275,996 | $10.7M | Add +15.6% |
| MSFT Microsoft Corp. | 1.12% | 10,498 | $5.3M | Reduce -5.4% |
| AAPL Apple Inc. | 1.09% | 19,325 | $5.2M | Add +8.2% |
| COST Costco Wholesale Corp. | 0.83% | 4,223 | $3.9M | Add +6.2% |
| JPM JPMorgan Chase & Co. | 0.77% | 11,755 | $3.7M | Reduce -19.8% |
| AMZN Amazon.com Inc. | 0.71% | 13,628 | $3.4M | Add +12.8% |
| NVDA Nvidia Corp. | 0.70% | 17,041 | $3.3M | Add +5.8% |
| SGOV iShares 0-3 Month Treasury B | 0.65% | 31,072 | $3.1M | New |
| WELL Welltower Inc. | 0.64% | 16,299 | $3.0M | Reduce -15.3% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.63% | 21,106 | $3.0M | New |
| DUK Duke Energy Corp. | 0.62% | 23,795 | $2.9M | Add +5.8% |
| BKR Baker Hughes Co. | 0.59% | 60,328 | $2.8M | Reduce -10.3% |
| WMT Walmart Inc. | 0.59% | 27,929 | $2.8M | Add +254.3% |
| AME Ametek Inc. | 0.59% | 14,293 | $2.8M | Reduce -7.3% |
| LNT Alliant Energy Corp. | 0.57% | 40,803 | $2.7M | Reduce -11.9% |
| JNJ Johnson & Johnson | 0.57% | 14,653 | $2.7M | Reduce -32.6% |
| FTV Fortive Corp. | 0.57% | 53,747 | $2.7M | Add +40.5% |
| APAM Artisan Partners Asset Ma -A | 0.56% | 60,246 | $2.7M | Reduce -10.9% |
| MDT Medtronic PLC | 0.53% | 27,918 | $2.5M | New |
| NI Nisource Inc. | 0.51% | 56,292 | $2.4M | New |
| IUSV iShares Core S&P U.S. Value | 0.50% | 23,917 | $2.4M | Reduce -91.5% |
| KR Kroger Co. | 0.50% | 37,916 | $2.4M | Reduce -7.9% |
| WCN Waste Connections Inc. | 0.49% | 14,096 | $2.3M | Add +33.6% |
| ED Consolidated Edison Inc. | 0.49% | 24,150 | $2.3M | Add +1.3% |
| PEG Public Service Enterprise GP | 0.48% | 28,879 | $2.3M | New |
| RSG Republic Services Inc. | 0.47% | 10,918 | $2.3M | Add +3.1% |
| META Meta Platforms Inc. Class A | 0.41% | 3,080 | $2.0M | Add +16.7% |
| FIXD First Trust Smith Opportunis | 0.39% | 41,985 | $1.9M | Reduce -92.7% |
| GOOG Alphabet Inc. Class C | 0.39% | 6,492 | $1.8M | Add +29.1% |
| PTC PTC Inc. | 0.38% | 9,647 | $1.8M | New |
| ABBV Abbvie Inc. | 0.36% | 8,004 | $1.7M | Add +1.9% |
| NFLX Netflix Inc. | 0.31% | 1,349 | $1.5M | Add +30.3% |
| IOO iShares Global 100 ETF | 0.29% | 10,906 | $1.4M | Reduce -10.3% |
| GE General Electric filed as GE AEROSPACE | 0.28% | 4,377 | $1.3M | Reduce -15.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.28% | 2,107 | $1.3M | Add +9.2% |
| AVGO Broadcom Inc. | 0.27% | 3,624 | $1.3M | Add +70.3% |
| ABT Abbott Laboratories | 0.27% | 10,200 | $1.3M | Add +57.2% |
| SEIX Virtus Seix Senior Loan ETF | 0.26% | 53,714 | $1.3M | Reduce -92.9% |
| QCOM Qualcomm Inc. | 0.23% | 6,154 | $1.1M | Add +51.5% |
| ORCL Oracle Corp. | 0.23% | 4,398 | $1.1M | Reduce -4.6% |
| UBER Uber Technologies Inc. | 0.23% | 11,658 | $1.1M | Add +45.6% |
| WEC WEC Energy Group Inc. | 0.22% | 9,322 | $1.0M | Add +3.4% |
| V Visa Inc. Class A | 0.22% | 3,061 | $1.0M | Add +42.1% |
| GOOGL Alphabet Inc. Class A | 0.21% | 3,594 | $1.0M | Reduce -20.9% |
| HD Home Depot Inc. | 0.21% | 2,659 | $994K | Add +46.0% |
| TDG Transdigm Group Inc. | 0.19% | 731 | $926K | Add +87.9% |
| NOW ServiceNow Inc. | 0.19% | 1,035 | $910K | New |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.19% | 26,366 | $889K | Reduce -90.1% |
| GLD SPDR Gold Shares | 0.18% | 2,384 | $874K | Reduce -8.3% |
| KKR KKR & Co. Inc. | 0.18% | 7,216 | $858K | Add +37.4% |
| ADP Automatic Data Processing | 0.18% | 3,291 | $854K | Add +60.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 1,742 | $851K | Reduce -0.9% |
| ROP Roper Technologies Inc. | 0.17% | 1,864 | $831K | Add +57.0% |
| LLY Eli Lilly & Co. | 0.17% | 873 | $809K | Reduce -3.0% |
| IVV iShares Core S&P 500 ETF | 0.17% | 1,170 | $797K | Reduce -38.8% |
| MPWR Monolithic Power Systems Inc. | 0.16% | 781 | $781K | New |
| ROK Rockwell Automation Inc. | 0.16% | 2,147 | $779K | Add +0.4% |
| LIN Linde PLC | 0.14% | 1,593 | $666K | Reduce -3.4% |
| ILCG iShares Morningstar Growth E | 0.14% | 6,152 | $651K | New |
| SCHX Schwab US Large-Cap ETF | 0.14% | 24,084 | $645K | New |
| CSCO Cisco Systems Inc. | 0.11% | 7,569 | $546K | Reduce -18.5% |
| MA Mastercard Inc. Class A | 0.11% | 951 | $526K | Reduce -16.6% |
| CVX Chevron Corp. | 0.11% | 3,355 | $512K | Reduce -13.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.10% | 1,488 | $496K | Add +11.0% |
| SO The Southern Co. | 0.09% | 4,947 | $452K | Reduce -17.8% |
| RTX RTX Corp. | 0.09% | 2,545 | $443K | Reduce -1.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.09% | 3,071 | $441K | New |
| WM Waste Management Inc. | 0.09% | 2,156 | $432K | Reduce -8.5% |
| KMI Kinder Morgan Inc. | 0.09% | 16,334 | $423K | Reduce -10.8% |
| TSLA Tesla Inc. | 0.09% | 903 | $417K | Add +0.7% |
| VOO Vanguard S&P 500 ETF | 0.08% | 648 | $404K | Reduce -24.6% |
| IWB iShares Russell 1000 ETF | 0.08% | 1,079 | $400K | Reduce -0.4% |
| GEV GE Vernova Inc. | 0.08% | 682 | $382K | Add +3.0% |
| PEP Pepsico Inc. | 0.07% | 2,496 | $357K | New |
| MINT PIMCO Enhanced Short Maturit | 0.07% | 3,345 | $336K | Reduce -23.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.07% | 1,306 | $331K | Add +2.4% |
| SCHA Schwab US Small-Cap ETF | 0.07% | 11,816 | $330K | New |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.07% | 1,682 | $311K | Reduce -0.9% |
| PGR Progressive Corp. | 0.06% | 1,472 | $308K | New |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.06% | 419 | $284K | New |
| ISRG Intuitive Surgical Inc. | 0.06% | 488 | $268K | Reduce -43.9% |
| HOG Harley-Davidson Inc. | 0.05% | 9,206 | $234K | New |
| VIG Vanguard Dividend Apprec ETF | 0.04% | 994 | $215K | New |
| XOM Exxon Mobil Corp. | 0.04% | 1,848 | $210K | Reduce -8.2% |
| UNP Union Pacific Corp. | 0.04% | 941 | $205K | Reduce -10.0% |
| IWF iShares Russell 1000 Growth | 0.04% | 424 | $203K | New |
| TSM Taiwan Semiconductor-SP ADR | 0.04% | 690 | $203K | New |
Portfolio Sells Q2 2025 → Q3 2025
| IUSV iShares Core S&P U.S. Value | Reduce -91.5% | 0.50% | −6.06 |
| FIXD First Trust Smith Opportunis | Reduce -92.7% | 0.39% | −5.79 |
| SEIX Virtus Seix Senior Loan ETF | Reduce -92.9% | 0.26% | −4.12 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -90.1% | 0.19% | −1.88 |
| SLGN Silgan Holdings Inc. | Sold out | 0.00% | −0.70 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.67 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.66 |
| RVTY Revvity Inc. | Sold out | 0.00% | −0.65 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.65 |
| JPM JPMorgan Chase & Co. | Reduce -19.8% | 0.77% | −0.27 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.25 |
| JNJ Johnson & Johnson | Reduce -32.6% | 0.57% | −0.24 |
| MSFT Microsoft Corp. | Reduce -5.4% | 1.12% | −0.24 |
| KR Kroger Co. | Reduce -7.9% | 0.50% | −0.22 |
| APAM Artisan Partners Asset Ma -A | Reduce -10.9% | 0.56% | −0.17 |
| CPRT Copart Inc. | Sold out | 0.00% | −0.14 |
| IVV iShares Core S&P 500 ETF | Reduce -38.8% | 0.17% | −0.12 |
| LNT Alliant Energy Corp. | Reduce -11.9% | 0.57% | −0.12 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.11 |
| PG The Procter & Gamble Co. | Sold out | 0.00% | −0.10 |
| RAL Ralliant Corp. | Sold out | 0.00% | −0.10 |
| AME Ametek Inc. | Reduce -7.3% | 0.59% | −0.09 |
| WELL Welltower Inc. | Reduce -15.3% | 0.64% | −0.09 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.06 |
| ISRG Intuitive Surgical Inc. | Reduce -43.9% | 0.06% | −0.06 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.06 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.05 |
| LIN Linde PLC | Reduce -3.4% | 0.14% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -16.6% | 0.11% | −0.05 |
| GE General Electric | Reduce -15.4% | 0.28% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -18.5% | 0.11% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -10.8% | 0.09% | −0.04 |
| WM Waste Management Inc. | Reduce -8.5% | 0.09% | −0.04 |
| SO The Southern Co. | Reduce -17.8% | 0.09% | −0.04 |
| MINT PIMCO Enhanced Short Maturit | Reduce -23.7% | 0.07% | −0.04 |
| BKR Baker Hughes Co. | Reduce -10.3% | 0.59% | −0.04 |
| IOO iShares Global 100 ETF | Reduce -10.3% | 0.29% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -24.6% | 0.08% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.9% | 0.18% | −0.03 |
| CVX Chevron Corp. | Reduce -13.4% | 0.11% | −0.03 |
| T AT&T Inc. | Reduce -8.1% | 0.04% | −0.02 |
| ORCL Oracle Corp. | Reduce -4.6% | 0.23% | −0.02 |
| UNP Union Pacific Corp. | Reduce -10.0% | 0.04% | −0.02 |
| GLD SPDR Gold Shares | Reduce -8.3% | 0.18% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -8.2% | 0.04% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.9% | 0.07% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -0.4% | 0.08% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -3.0% | 0.17% | −0.00 |
| RTX RTX Corp. | Reduce -1.2% | 0.09% | +0.00 |
| GOOGL Alphabet Inc. Class A | Reduce -20.9% | 0.21% | +0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| PVAL Putnam Focused LRG Cap Value | New | 6.56% | +6.56 |
| TWO RDS SHARED TR | New | 6.10% | +6.10 |
| PYLD PIMCO Multisector Bond Actv | New | 4.57% | +4.57 |
| SGOV iShares 0-3 Month Treasury B | New | 0.65% | +0.65 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.63% | +0.63 |
| MDT Medtronic PLC | New | 0.53% | +0.53 |
| NI Nisource Inc. | New | 0.51% | +0.51 |
| IDMO Invesco S&P International DE | Add +24.0% | 4.71% | +0.49 |
| OUNZ Vaneck Merk Gold ETF | Add +12.4% | 3.61% | +0.49 |
| PEG Public Service Enterprise GP | New | 0.48% | +0.48 |
| WMT Walmart Inc. | Add +254.3% | 0.59% | +0.40 |
| PTC PTC Inc. | New | 0.38% | +0.38 |
| RECS Columbia Resear Enh Cor ETF | Add +10.2% | 7.88% | +0.31 |
| ACWI iShares MSCI Acwi ETF | Add +11.5% | 6.01% | +0.24 |
| AAPL Apple Inc. | Add +8.2% | 1.09% | +0.20 |
| NOW ServiceNow Inc. | New | 0.19% | +0.19 |
| AVUV Avantis US Small Cap Value | Add +14.9% | 3.33% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +29.1% | 0.39% | +0.17 |
| MPWR Monolithic Power Systems Inc. | New | 0.16% | +0.16 |
| ILCG iShares Morningstar Growth E | New | 0.14% | +0.14 |
| SCHX Schwab US Large-Cap ETF | New | 0.14% | +0.14 |
| AVGO Broadcom Inc. | Add +70.3% | 0.27% | +0.13 |
| IJH iShares Core S&P Midcap ETF | Add +14.3% | 5.80% | +0.12 |
| TJX TJX Companies Inc. | New | 0.09% | +0.09 |
| FTV Fortive Corp. | Add +40.5% | 0.57% | +0.08 |
| PEP Pepsico Inc. | New | 0.07% | +0.07 |
| NVDA Nvidia Corp. | Add +5.8% | 0.70% | +0.07 |
| QCOM Qualcomm Inc. | Add +51.5% | 0.23% | +0.07 |
| SCHA Schwab US Small-Cap ETF | New | 0.07% | +0.07 |
| AMZN Amazon.com Inc. | Add +12.8% | 0.71% | +0.06 |
| PGR Progressive Corp. | New | 0.06% | +0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.06% | +0.06 |
| ABT Abbott Laboratories | Add +57.2% | 0.27% | +0.05 |
| HOG Harley-Davidson Inc. | New | 0.05% | +0.05 |
| TDG Transdigm Group Inc. | Add +87.9% | 0.19% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | New | 0.04% | +0.04 |
| HD Home Depot Inc. | Add +46.0% | 0.21% | +0.04 |
| UBER Uber Technologies Inc. | Add +45.6% | 0.23% | +0.04 |
| IWF iShares Russell 1000 Growth | New | 0.04% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.04% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +4.8% | 2.69% | +0.03 |
| AMCR Amcor PLC | New | 0.03% | +0.03 |
| V Visa Inc. Class A | Add +42.1% | 0.22% | +0.03 |
| JAAA Janus Henderson Aaa Clo ETF | Add +17.9% | 6.14% | +0.03 |
| ADP Automatic Data Processing | Add +60.7% | 0.18% | +0.02 |
| TSLA Tesla Inc. | Add +0.7% | 0.09% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +9.2% | 0.28% | +0.01 |
| EDIV State Street SPDR S&P Emergi | Add +15.6% | 2.24% | +0.01 |
| ROP Roper Technologies Inc. | Add +57.0% | 0.17% | +0.01 |
| KKR KKR & Co. Inc. | Add +37.4% | 0.18% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 108 | $593.7M | RECS, FBND, PVAL, SPYG, IJH |
| Q1 2026 | 97 | $524.8M | FBND, RECS, PVAL, IJH, JAAA |
| Q4 2025 | 102 | $502.1M | FBND, RECS, PVAL, SPYG, JAAA |
| Q3 2025 | 102 | $477.4M | FBND, RECS, PVAL, SPYG, JAAA |
| Q2 2025 | 92 | $408.3M | FBND, RECS, IUSV, SPYG, FIXD |
| Q1 2025 | 89 | $355.9M | FBND, RECS, IUSV, FIXD, JAAA |
| Q4 2024 | 88 | $351.3M | FBND, RECS, IUSV, JAAA, FIXD |
| Q3 2024 | 88 | $309.7M | FBND, IUSV, MOAT, FIXD, SPYG |
| Q2 2024 | 78 | $279.2M | FBND, IUSV, SPYG, FIXD, MOAT |
| Q1 2024 | 81 | $273.4M | FBND, IUSV, MOAT, FIXD, JAAA |