Ellsworth Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 16, 2026), Ellsworth Advisors, LLC reported 165 stock positions worth $506.0 million. Its top holding was SPDR Gold Shares (GLD) at 3.8% of the portfolio, followed by Nvidia (NVDA, 3.0%) and Harbor Commodity All Weather (HGER, 2.7%). Compared with Q3 2025, it opened 24 new positions, sold out of 23, added to 95 and reduced 42. The biggest buy was a new position in Sanmina (SANM) and the biggest sale an exit from Celestica (CLS).

Most Recent 13F
Q2 2026
Location
HUDSON, OH
CIK
0001843553
Portfolio Value
$506.0M (Q4 2025)
SEC Filing
0001843553-26-000001 ↗ filed Jan 16, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $348.5M Q1 2024 Q2 2024: $358.7M Q2 2024 Q3 2024: $386.2M Q3 2024 Q4 2024: $381.5M Q4 2024 Q1 2025: $381.1M Q1 2025 Q2 2025: $410.9M Q2 2025 Q3 2025: $468.7M Q3 2025 Q4 2025: $506.0M $506.0M Q4 2025 Q1 2026: $532.2M Q1 2026 Q2 2026: $608.6M Q2 2026

Holdings 165 stocks · $506.0M
GLD SPDR Gold Shares 3.79% 45,283 $19.2M Reduce -0.4%
NVDA Nvidia Corp. 3.01% 81,474 $15.2M Reduce -3.2%
HGER Harbor Commodity All Weather 2.67% 525,330 $13.5M Add +22.4%
FTSM First Trust Enh Short Mat FD 2.59% 218,255 $13.1M Add +1.8%
AAPL Apple Inc. 2.39% 46,740 $12.1M Reduce -2.4%
GOOG Alphabet Inc. Class C 2.16% 32,756 $10.9M Reduce -1.9%
JNJ Johnson & Johnson 2.13% 49,191 $10.8M Add +3.4%
AMGN Amgen Inc. 1.81% 27,818 $9.2M Add +7.2%
AMD Advanced Micro Devices 1.65% 36,684 $8.4M Reduce -9.3%
MSFT Microsoft Corp. 1.63% 18,016 $8.2M Add +7.3%
META Meta Platforms Inc. Class A 1.55% 12,630 $7.8M Add +9.3%
AU Anglogold Ashanti PLC 1.54% 78,837 $7.8M Reduce -2.0%
CSCO Cisco Systems Inc. 1.47% 98,890 $7.4M Add +2.4%
PKG Packaging Corp. of America 1.45% 33,057 $7.3M Add +5.5%
DRI Darden Restaurants Inc. 1.42% 33,423 $7.2M Add +7.6%
USB US Bancorp 1.40% 131,458 $7.1M Add +6.2%
AMZN Amazon.com Inc. 1.40% 29,661 $7.1M Add +2.2%
EPD Enterprise Products Partners 1.39% 215,731 $7.0M Reduce -6.0%
PNC PNC Financial Services Group 1.38% 32,358 $7.0M Add +6.2%
MO Altria Group Inc. 1.36% 112,018 $6.9M Add +4.3%
AEP American Electric Power 1.33% 56,382 $6.7M Add +5.5%
BMY Bristol-Myers Squibb Co. 1.30% 115,915 $6.6M Add +9.4%
CVX Chevron Corp. 1.29% 39,327 $6.5M Reduce -5.1%
SANM Sanmina Corp. 1.29% 37,371 $6.5M New
WES Western Midstream Partners L 1.28% 155,943 $6.5M Add +9.1%
GS Goldman Sachs Group Inc. 1.28% 6,634 $6.5M Add +1.3%
GPC Genuine Parts Co. 1.28% 47,406 $6.5M Add +7.1%
ORI Old Republic Intl Corp. 1.27% 148,420 $6.4M Add +5.9%
BRK.B Berkshire Hathaway Inc. Class B 1.23% 12,659 $6.2M Add +2.2%
VRT Vertiv Holdings Co. Class A 1.23% 35,977 $6.2M Reduce -1.3%
DUK Duke Energy Corp. 1.22% 51,925 $6.2M Add +7.4%
MDT Medtronic PLC 1.21% 62,008 $6.1M Add +5.7%
FTI Technipfmc PLC 1.20% 116,542 $6.1M Add +3.5%
STRA Strategic Education Inc. 1.20% 71,664 $6.1M New
EXPE Expedia Group Inc. 1.19% 20,476 $6.0M Add +3.2%
PBR Petroleo Brasileiro-Spon ADR 1.14% 458,421 $5.8M New
MRVL Marvell Technology Inc. 1.06% 66,621 $5.4M Add +1.0%
AROC Archrock Inc. 1.05% 202,909 $5.3M New
PSA Public Storage 1.04% 17,989 $5.3M Reduce -6.5%
T AT&T Inc. 1.01% 216,287 $5.1M Add +0.5%
LRCX Lam Research Corp. 0.99% 22,959 $5.0M Reduce -4.7%
JPST JPMorgan Ultra-Short Income 0.95% 94,558 $4.8M Add +0.2%
DELL Dell Technologies -C 0.93% 39,516 $4.7M Add +1.6%
HLIT Harmonic Inc. 0.93% 461,812 $4.7M Reduce -7.3%
LLY Eli Lilly & Co. 0.92% 4,482 $4.6M Add +4.2%
NRG NRG Energy Inc. 0.81% 26,015 $4.1M New
APH Amphenol Corp. Class A 0.78% 25,749 $4.0M Reduce -1.1%
EOG EOG Resources Inc. 0.78% 36,495 $3.9M Add +13.7%
REIT Alps Active REIT ETF 0.77% 145,061 $3.9M Add +4.6%
AVGO Broadcom Inc. 0.77% 11,341 $3.9M Add +9.1%
OVV Ovintiv Inc. 0.72% 91,650 $3.7M Reduce -11.6%
RTX RTX Corp. 0.72% 18,282 $3.7M Reduce -1.4%
XOM Exxon Mobil Corp. 0.72% 28,164 $3.6M Add +3.4%
BUFG FT Vest Buffered Allocation 0.71% 129,807 $3.6M Add +1.4%
JPM JPMorgan Chase & Co. 0.64% 10,441 $3.2M Add +12.5%
FCX Freeport-McMoran Inc. 0.61% 51,258 $3.1M Add +14.7%
HRI Herc Holdings Inc. filed as HERC HLDGS INC 0.61% 19,347 $3.1M Add +6.9%
COST Costco Wholesale Corp. 0.60% 3,149 $3.0M Add +9.6%
NEM Newmont Corp. 0.57% 25,359 $2.9M Add +4.0%
MCHP Microchip Technology Inc. 0.57% 38,475 $2.9M Add +5.1%
V Visa Inc. Class A 0.56% 8,676 $2.8M Add +1.3%
NUE Nucor Corp. 0.55% 16,048 $2.8M Add +1.0%
BAH Booz Allen Hamilton Holdings 0.53% 27,503 $2.7M New
CVS CVS Health Corp. 0.52% 32,141 $2.6M Add +9.1%
ETN Eaton Corp. PLC 0.51% 7,801 $2.6M Add +13.2%
KMI Kinder Morgan Inc. 0.51% 94,363 $2.6M Add +17.3%
TM Toyota Motor Corp. -Spon ADR 0.51% 11,108 $2.6M Add +1.9%
ET Energy Transfer LP 0.51% 147,029 $2.6M Add +17.9%
PEP Pepsico Inc. 0.49% 16,908 $2.5M Add +5.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.49% 21,728 $2.5M Add +2.1%
HON Honeywell International Inc. 0.48% 11,277 $2.4M Add +3.8%
PRI Primerica Inc. 0.47% 8,918 $2.4M Add +15.7%
MCO Moody's Corp. 0.47% 4,425 $2.4M Add +19.2%
SONY Sony Group Corp. - SP ADR 0.46% 96,174 $2.3M Add +0.4%
LEN Lennar Corp. Class A 0.45% 18,465 $2.3M Add +2.6%
DLR Digital Realty Trust Inc. 0.44% 13,729 $2.2M Add +7.9%
TMUS T-Mobile US Inc. 0.40% 10,530 $2.0M Reduce -58.8%
FSLR First Solar Inc. 0.39% 8,172 $2.0M Add +5.8%
MRK Merck & Co. Inc. 0.39% 17,674 $2.0M Add +10.5%
RGLD Royal Gold Inc. 0.38% 7,417 $1.9M Add +10.7%
RDVY First Trust Rising Dividend 0.38% 26,188 $1.9M Add +6.9%
PH Parker Hannifin Corp. 0.37% 1,979 $1.9M Add +47.0%
NKE Nike Inc. Class B 0.36% 27,985 $1.8M Add +8.4%
RIO Rio Tinto PLC-Spon ADR 0.34% 20,118 $1.7M Add +11.6%
MCD McDonald's Corp. 0.29% 4,782 $1.5M Add +18.3%
ES Eversource Energy 0.27% 19,751 $1.4M Add +15.7%
TATT Tat Technologies Ltd. 0.27% 26,489 $1.4M Reduce -2.0%
ATRO Astronics Corp. 0.27% 18,842 $1.4M Add +0.7%
PAGP Plains GP Holdings LP 0.27% 67,595 $1.4M Add +19.3%
SHW The Sherwin-Williams Co. 0.27% 3,810 $1.4M Reduce -1.2%
TRN Trinity Industries Inc. 0.26% 47,929 $1.3M Add +15.2%
LGND Ligand Pharmaceuticals 0.25% 6,565 $1.3M Reduce -6.7%
BTSG Brightspring Health Services 0.25% 31,554 $1.2M Reduce -1.3%
IRMD Iradimed Corp. 0.24% 11,812 $1.2M Reduce -1.6%
SDVY First Trust Smid Cap Rising 0.23% 28,306 $1.2M Add +8.3%
NFLX Netflix Inc. 0.21% 11,888 $1.0M Reduce -0.5%
HCC Warrior Met Coal Inc. 0.21% 10,171 $1.0M New
QQQ Invesco QQQ Trust Series 1 0.20% 1,665 $1.0M Reduce -14.0%
NWPX NWPX Infrastructure Inc. 0.20% 14,884 $1.0M New
AMCR Amcor PLC 0.20% 22,793 $1.0M Reduce -78.8%
CECO Ceco Environmental Corp. 0.20% 15,047 $996K Add +3.2%
IBEX Ibex Ltd. 0.20% 26,071 $990K Add +0.9%
GRC Gorman-Rupp Co. 0.20% 18,716 $989K Add +2.8%
CTGO Contango Silver & Gold Inc. 0.19% 33,148 $977K New
ALNT Allient Inc. 0.19% 15,645 $967K New
EZPW Ezcorp Inc. Class A 0.19% 44,792 $965K Add +2.2%
CRAI Cra International Inc. 0.19% 4,423 $961K Add +2.8%
BFC Bank First Corp. 0.18% 7,199 $934K Add +2.5%
RDVT Red Violet Inc. 0.18% 18,040 $925K Reduce -0.5%
PLOW Douglas Dynamics Inc. 0.18% 24,918 $920K Add +4.1%
HROW Harrow Inc. 0.18% 18,909 $917K New
UFCS United Fire Group Inc. 0.18% 25,583 $915K Add +2.5%
ALCO Alico Inc. 0.18% 23,139 $908K Add +3.8%
PRA Proassurance Corp. 0.18% 37,141 $899K Add +1.4%
ASMB Assembly Biosciences Inc. 0.18% 29,735 $889K Reduce -0.7%
CWCO Consolidated Water Co.-Ord SH 0.17% 23,557 $885K Add +2.6%
WMT Walmart Inc. 0.17% 7,132 $850K Reduce -4.3%
USLM United States Lime & Mineral 0.17% 6,459 $848K New
NIC Nicolet Bankshares Inc. 0.17% 6,358 $846K New
GCT Gigacloud Technology Inc. Class A 0.16% 19,140 $796K New
ARQT Arcutis Biotherapeutics Inc. 0.16% 29,887 $788K New
COLL Collegium Pharmaceutical Inc. 0.15% 16,492 $773K New
HCI Hci Group Inc. 0.15% 4,416 $773K New
SPY SS SPDR S&P 500 ETF Trust-US 0.15% 1,102 $763K Reduce -11.4%
CTBI Community Trust Bancorp Inc. 0.15% 12,707 $760K Add +5.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.15% 1,558 $757K Reduce -2.1%
TSLX Sixth Street Specialty Lendi 0.15% 33,190 $743K Add +7.3%
RDNT Radnet Inc. 0.15% 10,158 $741K New
SRCE 1ST Source Corp. 0.14% 10,846 $709K Add +6.2%
DVY iShares Select Dividend ETF 0.14% 4,750 $702K Add +18.8%
TBPH Theravance Biopharma Inc. 0.13% 33,332 $670K New
PG The Procter & Gamble Co. 0.13% 4,565 $660K Reduce -4.3%
KE Kimball Electronics Inc. 0.13% 20,886 $655K New
ANIP Ani Pharmaceuticals Inc. 0.13% 7,619 $650K New
MCFT Mastercraft Boat Holdings Inc. 0.12% 27,633 $621K New
CAT Caterpillar Inc. 0.11% 854 $553K Add +3.1%
VOO Vanguard S&P 500 ETF 0.11% 846 $538K Add +6.5%
OSW Onespaworld Holdings Ltd. 0.10% 25,064 $506K Reduce -10.4%
IVV iShares Core S&P 500 ETF 0.10% 716 $498K Reduce -5.7%
GOOGL Alphabet Inc. Class A 0.09% 1,439 $479K Reduce -0.9%
ENB Enbridge Inc. 0.09% 10,232 $479K No change
MS Morgan Stanley 0.09% 2,491 $476K Reduce -6.5%
VEA Vanguard Ftse Developed ETF 0.09% 6,728 $437K Add +0.9%
YEAR AB Ultra Short Income ETF filed as AB ACTIVE ETFS INC 0.09% 8,507 $430K Reduce -21.3%
VIG Vanguard Dividend Apprec ETF 0.08% 1,808 $407K Add +0.4%
OUSM Alps Oshares US Small-Cap Qu 0.08% 8,515 $390K Reduce -3.2%
TOWN Towne Bank 0.07% 10,677 $377K Add +0.8%
BTC Grayscale Bitcoin Mini ETF 0.07% 8,848 $373K Reduce -2.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 1,234 $368K Add +0.1%
SYK Stryker Corp. 0.07% 936 $339K Add +0.5%
DFAC Dimensional US Core Equity 2 0.06% 7,968 $325K Add +0.2%
PANW Palo Alto Networks Inc. 0.06% 1,656 $311K Reduce -16.7%
IJH iShares Core S&P Midcap ETF 0.06% 4,421 $311K Reduce -7.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 5,840 $307K Reduce -0.5%
SDY SS SPDR S&P Dividend ETF 0.06% 2,000 $293K No change
VXF Vanguard Extended Market ETF 0.06% 1,276 $282K Add +0.3%
VTI VG Morningstar TS MKT ETF-US 0.05% 793 $271K Reduce -26.4%
MA Mastercard Inc. Class A 0.05% 493 $268K Reduce -0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.05% 859 $259K Add +0.5%
NVS Novartis AG-Sponsored ADR 0.05% 1,695 $243K No change
IBB iShares Biotechnology ETF 0.04% 1,275 $217K New
EQT Eqt Corp. 0.04% 4,211 $210K Add +0.3%
XLK SS Technology Select Sector 0.04% 1,413 $205K New
NAK Northern Dynasty Minerals 0.01% 17,822 $36K Add +27.9%
BRC INC-A 0.00% 15,267 $15K No change

Portfolio Sells Q3 2025 → Q4 2025
CLS Celestica Inc. Sold out 0.00% −3.34
APTV Aptiv PLC Sold out 0.00% −1.15
ZD Ziff Davis Inc. Sold out 0.00% −0.90
TMUS T-Mobile US Inc. Reduce -58.8% 0.40% −0.84
MELI MercadoLibre Inc. Sold out 0.00% −0.72
IDR Idaho Strategic Resources Inc. Sold out 0.00% −0.44
AMD Advanced Micro Devices Reduce -9.3% 1.65% −0.41
ZTS Zoetis Inc. Sold out 0.00% −0.38
NBN Northeast Bank Sold out 0.00% −0.22
NVDA Nvidia Corp. Reduce -3.2% 3.01% −0.22
IIIV I3 Verticals Inc. Class A Sold out 0.00% −0.21
PSA Public Storage Reduce -6.5% 1.04% −0.19
NNE Nano Nuclear Energy Inc. Sold out 0.00% −0.19
BLBD Blue Bird Corp. Sold out 0.00% −0.18
VRT Vertiv Holdings Co. Class A Reduce -1.3% 1.23% −0.18
WINA Winmark Corp. Sold out 0.00% −0.18
BWMN Bowman Consulting Group Ltd. Sold out 0.00% −0.17
WNS WNS Holdings Ltd. Sold out 0.00% −0.17
CORT Corcept Therapeutics Inc. Sold out 0.00% −0.16
CVLT Commvault Systems Inc. Sold out 0.00% −0.16
AAPL Apple Inc. Reduce -2.4% 2.39% −0.16
VLGEA Village Super Market Class A Sold out 0.00% −0.16
HLIT Harmonic Inc. Reduce -7.3% 0.93% −0.16
RCMT RCM Technologies Inc. Sold out 0.00% −0.15
PAY Paymentus Holdings Inc. Class A Sold out 0.00% −0.14
DSGX The Descartes Systems Grp Sold out 0.00% −0.14
VRRM Verra Mobility Corp. Sold out 0.00% −0.13
MGRC McGrath Rentcorp Sold out 0.00% −0.13
EPD Enterprise Products Partners Reduce -6.0% 1.39% −0.10
OVV Ovintiv Inc. Reduce -11.6% 0.72% −0.10
NFLX Netflix Inc. Reduce -0.5% 0.21% −0.10
CVX Chevron Corp. Reduce -5.1% 1.29% −0.05
TRUST FOR PROFESSIONAL MANAG Sold out 0.00% −0.05
PLTR Palantir Technologies Inc. Class A Sold out 0.00% −0.05
QQQ Invesco QQQ Trust Series 1 Reduce -14.0% 0.20% −0.04
YEAR AB Ultra Short Income ETF Reduce -21.3% 0.09% −0.03
PANW Palo Alto Networks Inc. Reduce -16.7% 0.06% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.4% 0.15% −0.03
OSW Onespaworld Holdings Ltd. Reduce -10.4% 0.10% −0.02
RDVT Red Violet Inc. Reduce -0.5% 0.18% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -26.4% 0.05% −0.02
BTC Grayscale Bitcoin Mini ETF Reduce -2.6% 0.07% −0.02
LGND Ligand Pharmaceuticals Reduce -6.7% 0.25% −0.02
PG The Procter & Gamble Co. Reduce -4.3% 0.13% −0.02
VUG Vanguard Mrngstar GR ETF-Sui Reduce -2.1% 0.15% −0.01
IVV iShares Core S&P 500 ETF Reduce -5.7% 0.10% −0.01
MA Mastercard Inc. Class A Reduce -0.6% 0.05% −0.01
ASMB Assembly Biosciences Inc. Reduce -0.7% 0.18% −0.01
OUSM Alps Oshares US Small-Cap Qu Reduce -3.2% 0.08% −0.01
SHW The Sherwin-Williams Co. Reduce -1.2% 0.27% −0.01

Portfolio Buys Q3 2025 → Q4 2025
SANM Sanmina Corp. New 1.29% +1.29
STRA Strategic Education Inc. New 1.20% +1.20
PBR Petroleo Brasileiro-Spon ADR New 1.14% +1.14
AROC Archrock Inc. New 1.05% +1.05
NRG NRG Energy Inc. New 0.81% +0.81
BAH Booz Allen Hamilton Holdings New 0.53% +0.53
FTI Technipfmc PLC Add +3.5% 1.20% +0.35
BMY Bristol-Myers Squibb Co. Add +9.4% 1.30% +0.31
HGER Harbor Commodity All Weather Add +22.4% 2.67% +0.28
EXPE Expedia Group Inc. Add +3.2% 1.19% +0.27
FCX Freeport-McMoran Inc. Add +14.7% 0.61% +0.21
GS Goldman Sachs Group Inc. Add +1.3% 1.28% +0.21
HCC Warrior Met Coal Inc. New 0.21% +0.21
NWPX NWPX Infrastructure Inc. New 0.20% +0.20
JNJ Johnson & Johnson Add +3.4% 2.13% +0.19
CTGO Contango Silver & Gold Inc. New 0.19% +0.19
ALNT Allient Inc. New 0.19% +0.19
PNC PNC Financial Services Group Add +6.2% 1.38% +0.19
HROW Harrow Inc. New 0.18% +0.18
USB US Bancorp Add +6.2% 1.40% +0.17
AMGN Amgen Inc. Add +7.2% 1.81% +0.17
DRI Darden Restaurants Inc. Add +7.6% 1.42% +0.17
USLM United States Lime & Mineral New 0.17% +0.17
NIC Nicolet Bankshares Inc. New 0.17% +0.17
PH Parker Hannifin Corp. Add +47.0% 0.37% +0.16
GCT Gigacloud Technology Inc. Class A New 0.16% +0.16
LLY Eli Lilly & Co. Add +4.2% 0.92% +0.16
ARQT Arcutis Biotherapeutics Inc. New 0.16% +0.16
COLL Collegium Pharmaceutical Inc. New 0.15% +0.15
HCI Hci Group Inc. New 0.15% +0.15
RDNT Radnet Inc. New 0.15% +0.15
WES Western Midstream Partners L Add +9.1% 1.28% +0.13
TBPH Theravance Biopharma Inc. New 0.13% +0.13
KE Kimball Electronics Inc. New 0.13% +0.13
ANIP Ani Pharmaceuticals Inc. New 0.13% +0.13
MCFT Mastercraft Boat Holdings Inc. New 0.12% +0.12
HRI Herc Holdings Inc. Add +6.9% 0.61% +0.12
MRK Merck & Co. Inc. Add +10.5% 0.39% +0.10
MCO Moody's Corp. Add +19.2% 0.47% +0.09
NUE Nucor Corp. Add +1.0% 0.55% +0.09
RGLD Royal Gold Inc. Add +10.7% 0.38% +0.09
NEM Newmont Corp. Add +4.0% 0.57% +0.09
RIO Rio Tinto PLC-Spon ADR Add +11.6% 0.34% +0.08
ATRO Astronics Corp. Add +0.7% 0.27% +0.07
XOM Exxon Mobil Corp. Add +3.4% 0.72% +0.07
PAGP Plains GP Holdings LP Add +19.3% 0.27% +0.06
AMZN Amazon.com Inc. Add +2.2% 1.40% +0.06
TM Toyota Motor Corp. -Spon ADR Add +1.9% 0.51% +0.06
ET Energy Transfer LP Add +17.9% 0.51% +0.06
MCHP Microchip Technology Inc. Add +5.1% 0.57% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 182$608.6MHGER, GLD, NVDA, AAPL, FTSM
Q1 2026 164$532.2MGLD, HGER, NVDA, FTSM, JNJ
Q4 2025 165$506.0MGLD, NVDA, HGER, FTSM, AAPL
Q3 2025 164$468.7MGLD, CLS, NVDA, FTSM, AAPL
Q2 2025 156$410.9MNVDA, GLD, FTSM, CLS, HGER
Q1 2025 167$381.1MGLD, FTSM, NVDA, AAPL, JNJ
Q4 2024 164$381.5MGLD, FTSM, NVDA, AAPL, PKG
Q3 2024 174$386.2MGLD, GIS, FTSM, PSA, AAPL
Q2 2024 176$358.7MGLD, FTSM, ETN, MRK, AAPL
Q1 2024 169$348.5MCAT, GLD, FTSM, ETN, MRK