Drake & Associates, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 23, 2026), Drake & Associates, LLC reported 102 stock positions worth $502.1 million. Its top holding was Fidelity Total Bond ETF (FBND) at 8.4% of the portfolio, followed by Columbia Resear Enh Cor ETF (RECS, 8.2%) and Putnam Focused LRG Cap Value (PVAL, 7.2%). Compared with Q3 2025, it opened 4 new positions, sold out of 4, added to 46 and reduced 48. The biggest buy was Putnam Focused LRG Cap Value (PVAL, shares +10%) and the biggest sale Welltower (WELL, shares −34%).
- Most Recent 13F
- Q2 2026
- Location
- WAUKESHA, WI
- CIK
- 0001935795
- Portfolio Value
- $502.1M (Q4 2025)
- SEC Filing
- 0001935795-26-000001 ↗ filed Feb 23, 2026
Holdings Value
Holdings 102 stocks · $502.1M
| FBND Fidelity Total Bond ETF | 8.42% | 918,570 | $42.3M | Add +9.7% |
| RECS Columbia Resear Enh Cor ETF | 8.19% | 1,006,402 | $41.1M | Add +8.7% |
| PVAL Putnam Focused LRG Cap Value | 7.22% | 795,851 | $36.3M | Add +9.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 6.60% | 310,642 | $33.1M | Add +8.9% |
| JAAA Janus Henderson Aaa Clo ETF | 6.42% | 636,875 | $32.2M | Add +9.8% |
| ACWI iShares MSCI Acwi ETF | 6.30% | 223,385 | $31.6M | Add +9.4% |
| TWO RDS SHARED TR | 6.24% | 3,328,192 | $31.3M | Add +8.0% |
| IJH iShares Core S&P Midcap ETF | 6.21% | 472,289 | $31.2M | Add +10.5% |
| IDMO Invesco S&P International DE | 5.23% | 472,938 | $26.3M | Add +13.3% |
| PYLD PIMCO Multisector Bond Actv | 4.72% | 888,004 | $23.7M | Add +8.7% |
| OUNZ Vaneck Merk Gold ETF | 3.98% | 481,730 | $20.0M | Add +7.0% |
| AVUV Avantis US Small Cap Value | 3.65% | 179,825 | $18.3M | Add +10.6% |
| QQQM Invesco Nasdaq 100 ETF | 2.84% | 56,281 | $14.2M | Add +12.4% |
| EDIV State Street SPDR S&P Emergi | 2.42% | 310,725 | $12.2M | Add +12.6% |
| AAPL Apple Inc. | 1.06% | 19,600 | $5.3M | Add +1.4% |
| MSFT Microsoft Corp. | 0.88% | 9,184 | $4.4M | Reduce -12.5% |
| NVDA Nvidia Corp. | 0.70% | 18,945 | $3.5M | Add +11.2% |
| SGOV iShares 0-3 Month Treasury B | 0.67% | 33,511 | $3.4M | Add +7.8% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.63% | 25,322 | $3.1M | Add +20.0% |
| COST Costco Wholesale Corp. | 0.60% | 3,489 | $3.0M | Reduce -17.4% |
| JPM JPMorgan Chase & Co. | 0.54% | 8,464 | $2.7M | Reduce -28.0% |
| AMZN Amazon.com Inc. | 0.49% | 10,730 | $2.5M | Reduce -21.3% |
| IUSV iShares Core S&P U.S. Value | 0.44% | 21,651 | $2.2M | Reduce -9.5% |
| WMT Walmart Inc. | 0.44% | 19,905 | $2.2M | Reduce -28.7% |
| META Meta Platforms Inc. Class A | 0.44% | 3,325 | $2.2M | Add +8.0% |
| JNJ Johnson & Johnson | 0.41% | 9,919 | $2.1M | Reduce -32.3% |
| DUK Duke Energy Corp. | 0.41% | 17,404 | $2.0M | Reduce -26.9% |
| GOOG Alphabet Inc. Class C | 0.40% | 6,393 | $2.0M | Reduce -1.5% |
| WELL Welltower Inc. | 0.40% | 10,700 | $2.0M | Reduce -34.4% |
| FTV Fortive Corp. | 0.40% | 35,935 | $2.0M | Reduce -33.1% |
| AME Ametek Inc. | 0.39% | 9,564 | $2.0M | Reduce -33.1% |
| BKR Baker Hughes Co. | 0.37% | 41,309 | $1.9M | Reduce -31.5% |
| LNT Alliant Energy Corp. | 0.36% | 27,819 | $1.8M | Reduce -31.8% |
| ABBV Abbvie Inc. | 0.36% | 7,906 | $1.8M | Reduce -1.2% |
| MDT Medtronic PLC | 0.35% | 18,138 | $1.7M | Reduce -35.0% |
| IVV iShares Core S&P 500 ETF | 0.34% | 2,521 | $1.7M | Add +115.5% |
| WCN Waste Connections Inc. | 0.34% | 9,845 | $1.7M | Reduce -30.2% |
| APAM Artisan Partners Asset Ma -A | 0.34% | 41,691 | $1.7M | Reduce -30.8% |
| ED Consolidated Edison Inc. | 0.33% | 16,906 | $1.7M | Reduce -30.0% |
| NI Nisource Inc. | 0.33% | 40,095 | $1.7M | Reduce -28.8% |
| KR Kroger Co. | 0.33% | 26,714 | $1.7M | Reduce -29.5% |
| RSG Republic Services Inc. | 0.33% | 7,817 | $1.7M | Reduce -28.4% |
| PEG Public Service Enterprise GP | 0.33% | 20,561 | $1.7M | Reduce -28.8% |
| FIXD First Trust Smith Opportunis | 0.33% | 36,947 | $1.6M | Reduce -12.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.30% | 2,425 | $1.5M | Add +15.1% |
| GE General Electric filed as GE AEROSPACE | 0.28% | 4,572 | $1.4M | Add +4.5% |
| IOO iShares Global 100 ETF | 0.27% | 10,567 | $1.3M | Reduce -3.1% |
| AVGO Broadcom Inc. | 0.26% | 3,801 | $1.3M | Add +4.9% |
| NFLX Netflix Inc. | 0.25% | 13,469 | $1.3M | Reduce -0.2% |
| PTC PTC Inc. | 0.24% | 6,896 | $1.2M | Reduce -28.5% |
| GOOGL Alphabet Inc. Class A | 0.23% | 3,649 | $1.1M | Add +1.5% |
| SEIX Virtus Seix Senior Loan ETF | 0.22% | 46,643 | $1.1M | Reduce -13.2% |
| V Visa Inc. Class A | 0.21% | 3,075 | $1.1M | Add +0.5% |
| WEC WEC Energy Group Inc. | 0.21% | 10,214 | $1.1M | Add +9.6% |
| QCOM Qualcomm Inc. | 0.21% | 6,227 | $1.1M | Add +1.2% |
| UBER Uber Technologies Inc. | 0.20% | 12,336 | $1.0M | Add +5.8% |
| TDG Transdigm Group Inc. | 0.19% | 726 | $965K | Reduce -0.7% |
| KKR KKR & Co. Inc. | 0.19% | 7,320 | $933K | Add +1.4% |
| ORCL Oracle Corp. | 0.18% | 4,763 | $928K | Add +8.3% |
| HD Home Depot Inc. | 0.18% | 2,698 | $928K | Add +1.5% |
| ABT Abbott Laboratories | 0.18% | 7,330 | $918K | Reduce -28.1% |
| ILCG iShares Morningstar Growth E | 0.18% | 8,601 | $895K | Add +39.8% |
| LLY Eli Lilly & Co. | 0.17% | 796 | $856K | Reduce -8.8% |
| ROP Roper Technologies Inc. | 0.17% | 1,896 | $844K | Add +1.7% |
| ADP Automatic Data Processing | 0.17% | 3,278 | $843K | Reduce -0.4% |
| ROK Rockwell Automation Inc. | 0.17% | 2,155 | $838K | Add +0.4% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.17% | 24,468 | $838K | Reduce -7.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 1,667 | $838K | Reduce -4.3% |
| NOW ServiceNow Inc. | 0.17% | 5,424 | $831K | Add +4.8% |
| GLD SPDR Gold Shares | 0.16% | 2,067 | $819K | Reduce -13.3% |
| MPWR Monolithic Power Systems Inc. | 0.14% | 793 | $719K | Add +1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 2,035 | $682K | Add +36.8% |
| LIN Linde PLC | 0.14% | 1,600 | $682K | Add +0.4% |
| SCHX Schwab US Large-Cap ETF | 0.13% | 24,084 | $648K | No change |
| GEV GE Vernova Inc. | 0.11% | 809 | $529K | Add +18.6% |
| CSCO Cisco Systems Inc. | 0.10% | 6,491 | $500K | Reduce -14.2% |
| MA Mastercard Inc. Class A | 0.10% | 860 | $491K | Reduce -9.6% |
| VOO Vanguard S&P 500 ETF | 0.10% | 769 | $482K | Add +18.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.09% | 2,446 | $467K | Add +45.4% |
| RTX RTX Corp. | 0.09% | 2,416 | $443K | Reduce -5.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.09% | 1,714 | $442K | Add +31.2% |
| CVX Chevron Corp. | 0.09% | 2,889 | $440K | Reduce -13.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.08% | 2,685 | $412K | Reduce -12.6% |
| TSLA Tesla Inc. | 0.08% | 911 | $410K | Add +0.9% |
| WM Waste Management Inc. | 0.08% | 1,838 | $404K | Reduce -14.8% |
| IWB iShares Russell 1000 ETF | 0.08% | 1,079 | $403K | No change |
| KMI Kinder Morgan Inc. | 0.08% | 14,094 | $387K | Reduce -13.7% |
| SO The Southern Co. | 0.07% | 4,274 | $373K | Reduce -13.6% |
| IWF iShares Russell 1000 Growth | 0.07% | 740 | $350K | Add +74.5% |
| SCHA Schwab US Small-Cap ETF | 0.07% | 11,816 | $337K | No change |
| XOM Exxon Mobil Corp. | 0.07% | 2,728 | $328K | Add +47.6% |
| PEP Pepsico Inc. | 0.06% | 2,064 | $296K | Reduce -17.3% |
| PGR Progressive Corp. | 0.06% | 1,300 | $296K | Reduce -11.7% |
| MINT PIMCO Enhanced Short Maturit | 0.05% | 2,550 | $256K | Reduce -23.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 348 | $237K | Reduce -16.9% |
| IEF iShares 7-10 Year Treasury B | 0.05% | 2,360 | $227K | New |
| VIG Vanguard Dividend Apprec ETF | 0.04% | 994 | $218K | No change |
| UNP Union Pacific Corp. | 0.04% | 936 | $217K | Reduce -0.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.04% | 712 | $216K | Add +3.2% |
| SCHD Schwab US DVD Equity ETF | 0.04% | 7,812 | $214K | New |
Portfolio Sells Q3 2025 → Q4 2025
| WELL Welltower Inc. | Reduce -34.4% | 0.40% | −0.24 |
| MSFT Microsoft Corp. | Reduce -12.5% | 0.88% | −0.23 |
| COST Costco Wholesale Corp. | Reduce -17.4% | 0.60% | −0.23 |
| APAM Artisan Partners Asset Ma -A | Reduce -30.8% | 0.34% | −0.22 |
| JPM JPMorgan Chase & Co. | Reduce -28.0% | 0.54% | −0.22 |
| AMZN Amazon.com Inc. | Reduce -21.3% | 0.49% | −0.22 |
| BKR Baker Hughes Co. | Reduce -31.5% | 0.37% | −0.22 |
| LNT Alliant Energy Corp. | Reduce -31.8% | 0.36% | −0.21 |
| DUK Duke Energy Corp. | Reduce -26.9% | 0.41% | −0.21 |
| AME Ametek Inc. | Reduce -33.1% | 0.39% | −0.20 |
| MDT Medtronic PLC | Reduce -35.0% | 0.35% | −0.18 |
| NI Nisource Inc. | Reduce -28.8% | 0.33% | −0.17 |
| FTV Fortive Corp. | Reduce -33.1% | 0.40% | −0.17 |
| KR Kroger Co. | Reduce -29.5% | 0.33% | −0.17 |
| JNJ Johnson & Johnson | Reduce -32.3% | 0.41% | −0.16 |
| PEG Public Service Enterprise GP | Reduce -28.8% | 0.33% | −0.15 |
| WMT Walmart Inc. | Reduce -28.7% | 0.44% | −0.15 |
| ED Consolidated Edison Inc. | Reduce -30.0% | 0.33% | −0.15 |
| WCN Waste Connections Inc. | Reduce -30.2% | 0.34% | −0.15 |
| PTC PTC Inc. | Reduce -28.5% | 0.24% | −0.14 |
| RSG Republic Services Inc. | Reduce -28.4% | 0.33% | −0.14 |
| ABT Abbott Laboratories | Reduce -28.1% | 0.18% | −0.08 |
| FIXD First Trust Smith Opportunis | Reduce -12.0% | 0.33% | −0.06 |
| IUSV iShares Core S&P U.S. Value | Reduce -9.5% | 0.44% | −0.06 |
| NFLX Netflix Inc. | Reduce -0.2% | 0.25% | −0.06 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.06 |
| HOG Harley-Davidson Inc. | Sold out | 0.00% | −0.05 |
| SEIX Virtus Seix Senior Loan ETF | Reduce -13.2% | 0.22% | −0.05 |
| T AT&T Inc. | Sold out | 0.00% | −0.04 |
| AMCR Amcor PLC | Sold out | 0.00% | −0.03 |
| SO The Southern Co. | Reduce -13.6% | 0.07% | −0.02 |
| GLD SPDR Gold Shares | Reduce -13.3% | 0.16% | −0.02 |
| CVX Chevron Corp. | Reduce -13.9% | 0.09% | −0.02 |
| IOO iShares Global 100 ETF | Reduce -3.1% | 0.27% | −0.02 |
| MINT PIMCO Enhanced Short Maturit | Reduce -23.8% | 0.05% | −0.02 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -7.2% | 0.17% | −0.02 |
| PEP Pepsico Inc. | Reduce -17.3% | 0.06% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -14.2% | 0.10% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -9.6% | 0.10% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -16.9% | 0.05% | −0.01 |
| KMI Kinder Morgan Inc. | Reduce -13.7% | 0.08% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.3% | 0.17% | −0.01 |
| ADP Automatic Data Processing | Reduce -0.4% | 0.17% | −0.01 |
| TJX TJX Companies Inc. | Reduce -12.6% | 0.08% | −0.01 |
| WM Waste Management Inc. | Reduce -14.8% | 0.08% | −0.01 |
| PGR Progressive Corp. | Reduce -11.7% | 0.06% | −0.01 |
| RTX RTX Corp. | Reduce -5.1% | 0.09% | −0.00 |
| ABBV Abbvie Inc. | Reduce -1.2% | 0.36% | −0.00 |
| TDG Transdigm Group Inc. | Reduce -0.7% | 0.19% | −0.00 |
| UNP Union Pacific Corp. | Reduce -0.5% | 0.04% | +0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| PVAL Putnam Focused LRG Cap Value | Add +9.9% | 7.22% | +0.66 |
| IDMO Invesco S&P International DE | Add +13.3% | 5.23% | +0.52 |
| IJH iShares Core S&P Midcap ETF | Add +10.5% | 6.21% | +0.41 |
| OUNZ Vaneck Merk Gold ETF | Add +7.0% | 3.98% | +0.37 |
| AVUV Avantis US Small Cap Value | Add +10.6% | 3.65% | +0.32 |
| FBND Fidelity Total Bond ETF | Add +9.7% | 8.42% | +0.32 |
| RECS Columbia Resear Enh Cor ETF | Add +8.7% | 8.19% | +0.31 |
| ACWI iShares MSCI Acwi ETF | Add +9.4% | 6.30% | +0.28 |
| JAAA Janus Henderson Aaa Clo ETF | Add +9.8% | 6.42% | +0.27 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +8.9% | 6.60% | +0.21 |
| EDIV State Street SPDR S&P Emergi | Add +12.6% | 2.42% | +0.18 |
| IVV iShares Core S&P 500 ETF | Add +115.5% | 0.34% | +0.18 |
| PYLD PIMCO Multisector Bond Actv | Add +8.7% | 4.72% | +0.15 |
| QQQM Invesco Nasdaq 100 ETF | Add +12.4% | 2.84% | +0.14 |
| TWO RDS SHARED TR | Add +8.0% | 6.24% | +0.14 |
| IEF iShares 7-10 Year Treasury B | New | 0.05% | +0.05 |
| SCHD Schwab US DVD Equity ETF | New | 0.04% | +0.04 |
| ILCG iShares Morningstar Growth E | Add +39.8% | 0.18% | +0.04 |
| IWD iShares Russell 1000 Value E | New | 0.04% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +36.8% | 0.14% | +0.03 |
| QUAD Quad Graphics Inc. | New | 0.03% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +45.4% | 0.09% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +74.5% | 0.07% | +0.03 |
| META Meta Platforms Inc. Class A | Add +8.0% | 0.44% | +0.03 |
| GEV GE Vernova Inc. | Add +18.6% | 0.11% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +15.1% | 0.30% | +0.02 |
| XOM Exxon Mobil Corp. | Add +47.6% | 0.07% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +31.2% | 0.09% | +0.02 |
| SGOV iShares 0-3 Month Treasury B | Add +7.8% | 0.67% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 0.23% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +18.7% | 0.10% | +0.01 |
| NVDA Nvidia Corp. | Add +11.2% | 0.70% | +0.01 |
| KKR KKR & Co. Inc. | Add +1.4% | 0.19% | +0.01 |
| ROK Rockwell Automation Inc. | Add +0.4% | 0.17% | +0.00 |
| GE General Electric | Add +4.5% | 0.28% | +0.00 |
| TSM Taiwan Semiconductor-SP ADR | Add +3.2% | 0.04% | +0.00 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Add +20.0% | 0.63% | −0.00 |
| V Visa Inc. Class A | Add +0.5% | 0.21% | −0.00 |
| LIN Linde PLC | Add +0.4% | 0.14% | −0.00 |
| WEC WEC Energy Group Inc. | Add +9.6% | 0.21% | −0.00 |
| TSLA Tesla Inc. | Add +0.9% | 0.08% | −0.01 |
| ROP Roper Technologies Inc. | Add +1.7% | 0.17% | −0.01 |
| AVGO Broadcom Inc. | Add +4.9% | 0.26% | −0.01 |
| QCOM Qualcomm Inc. | Add +1.2% | 0.21% | −0.02 |
| MPWR Monolithic Power Systems Inc. | Add +1.5% | 0.14% | −0.02 |
| HD Home Depot Inc. | Add +1.5% | 0.18% | −0.02 |
| NOW ServiceNow Inc. | Add +4.8% | 0.17% | −0.03 |
| UBER Uber Technologies Inc. | Add +5.8% | 0.20% | −0.03 |
| AAPL Apple Inc. | Add +1.4% | 1.06% | −0.03 |
| ORCL Oracle Corp. | Add +8.3% | 0.18% | −0.05 |
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 |