Farther Finance Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Farther Finance Advisors, LLC reported 5,390 stock positions worth $9.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 5.6% of the portfolio, followed by Apple (AAPL, 2.8%) and Vanguard S&P 500 ETF (VOO, 2.6%). Compared with Q3 2025, it opened 653 new positions, sold out of 179, added to 3,271 and reduced 925. The biggest buy was Avantis US Large Cap Value (AVLV, shares +190%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001992825
- Portfolio Value
- $9.3B (Q4 2025)
- SEC Filing
- 0001992825-26-000001 ↗ filed Jan 23, 2026
Holdings Value
Holdings 5,390 stocks · $9.3B
| IVV iShares Core S&P 500 ETF | 5.59% | 759,861 | $520.5M | Add +27.5% |
| AAPL Apple Inc. | 2.79% | 955,662 | $259.8M | Add +38.5% |
| VOO Vanguard S&P 500 ETF | 2.58% | 383,021 | $240.2M | Add +22.2% |
| NVDA Nvidia Corp. | 2.38% | 1,190,555 | $222.0M | Add +48.5% |
| VEA Vanguard Ftse Developed ETF | 1.75% | 2,615,643 | $163.4M | Add +29.8% |
| DFIV Dimensional International Va | 1.73% | 3,236,596 | $161.5M | Add +45.8% |
| MSFT Microsoft Corp. | 1.51% | 291,626 | $141.0M | Add +34.0% |
| SCHX Schwab US Large-Cap ETF | 1.15% | 3,972,127 | $106.9M | Add +37.4% |
| SGOV iShares 0-3 Month Treasury B | 1.14% | 1,053,185 | $105.7M | Add +8.8% |
| AMZN Amazon.com Inc. | 1.12% | 450,880 | $104.1M | Add +39.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.01% | 152,945 | $94.0M | Add +40.3% |
| GOOGL Alphabet Inc. Class A | 0.93% | 276,975 | $86.7M | Add +25.4% |
| IEMG iShares Core MSCI Emerging | 0.92% | 1,278,606 | $85.9M | Add +34.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.91% | 1,063,335 | $84.8M | Add +18.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.90% | 438,263 | $83.7M | Add +52.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.85% | 1,703,390 | $79.3M | Add +10.8% |
| IJR iShares Core S&P Small-Cap E | 0.85% | 659,156 | $79.2M | Add +31.2% |
| STIP iShares 0-5 Year Tips Bond E | 0.81% | 738,524 | $75.6M | Add +66.1% |
| ORLY O'reilly Automotive Inc. | 0.79% | 801,536 | $73.1M | Add +4.4% |
| BND Vanguard Total Bond Market | 0.74% | 932,412 | $69.1M | Add +23.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.72% | 98,508 | $67.2M | Add +19.5% |
| GOOG Alphabet Inc. Class C | 0.71% | 210,378 | $66.0M | Add +31.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.70% | 194,064 | $65.1M | Add +15.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.68% | 702,893 | $62.9M | Add +97.2% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.66% | 2,333,330 | $61.8M | Add +44.6% |
| AVGO Broadcom Inc. | 0.62% | 166,568 | $57.6M | Add +53.6% |
| GLDM SPDR Gold Minishares Trust | 0.58% | 635,706 | $54.3M | Add +17.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.58% | 107,698 | $54.1M | Add +46.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.58% | 670,081 | $53.8M | Add +23.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.56% | 472,813 | $52.1M | Add +54.5% |
| MUB iShares National Muni Bond E | 0.55% | 476,523 | $51.0M | Add +5.0% |
| AVLV Avantis US Large Cap Value | 0.54% | 668,964 | $50.7M | Add +190.0% |
| DFUS Dimensional US Eq MKT ETF | 0.54% | 680,889 | $50.5M | Add +25.0% |
| IVW iShares S&P 500 Growth ETF | 0.51% | 386,527 | $47.6M | Add +31.8% |
| JPM JPMorgan Chase & Co. | 0.50% | 145,045 | $46.7M | Add +56.0% |
| TSLA Tesla Inc. | 0.50% | 102,796 | $46.2M | Add +40.5% |
| META Meta Platforms Inc. Class A | 0.49% | 69,632 | $46.0M | Add +37.4% |
| AVEM Avantis Emerging Markets Eq | 0.49% | 595,948 | $45.9M | Add +30.0% |
| AVUV Avantis US Small Cap Value | 0.49% | 444,918 | $45.4M | Add +33.4% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.47% | 718,126 | $43.7M | Add +24.8% |
| EFV iShares MSCI Eafe Value ETF | 0.46% | 594,483 | $42.5M | Add +42.5% |
| QUAL iShares MSCI USA Quality Fac | 0.44% | 208,567 | $41.4M | Reduce -0.1% |
| IBND SS SPDR BB Intl Corp. BD ETF | 0.44% | 1,285,819 | $41.3M | Add +26.9% |
| DFAC Dimensional US Core Equity 2 | 0.44% | 1,042,266 | $41.3M | Add +71.9% |
| XLV SS Health Care Select Sector | 0.43% | 258,666 | $40.0M | Add +25.4% |
| BIV Vanguard Intermediate-Term B | 0.42% | 499,196 | $38.9M | Add +12.7% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.42% | 669,570 | $38.8M | Add +14.3% |
| BSV Vanguard Short-Term Bond ETF | 0.41% | 478,796 | $37.7M | Add +21.7% |
| IVE iShares S&P 500 Value ETF | 0.40% | 177,141 | $37.6M | Add +57.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.40% | 407,901 | $37.3M | Add +31.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.40% | 512,026 | $37.2M | Add +30.5% |
| WMT Walmart Inc. | 0.38% | 314,451 | $35.0M | Add +22.9% |
| XLF SS Financial Select Sector | 0.36% | 611,402 | $33.5M | Add +21.3% |
| LLY Eli Lilly & Co. | 0.36% | 31,145 | $33.5M | Add +30.8% |
| FBND Fidelity Total Bond ETF | 0.34% | 687,395 | $31.6M | Add +147.0% |
| CGGR Cap Group Growth Equity | 0.34% | 702,065 | $31.2M | Add +98.2% |
| VIG Vanguard Dividend Apprec ETF | 0.33% | 139,357 | $30.6M | Add +62.3% |
| RSP Invesco S&P 500 Equal Weight | 0.33% | 158,684 | $30.4M | Reduce -2.1% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 460,086 | $30.4M | Add +40.5% |
| IEF iShares 7-10 Year Treasury B | 0.32% | 314,652 | $30.3M | Add +8.2% |
| DUHP Dimensional US High Profi Et | 0.31% | 767,781 | $29.2M | Add +818.9% |
| V Visa Inc. Class A | 0.31% | 82,481 | $28.9M | Add +33.6% |
| PLTR Palantir Technologies Inc. Class A | 0.31% | 162,305 | $28.8M | Add +9.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.31% | 58,353 | $28.5M | Add +160.0% |
| SCHD Schwab US DVD Equity ETF | 0.31% | 1,036,896 | $28.4M | Add +52.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.30% | 97,737 | $28.4M | Add +152.9% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.30% | 101,398 | $28.3M | Add +39.0% |
| VWO Vanguard Ftse Emerging Marke | 0.30% | 516,425 | $27.8M | Add +89.9% |
| OEF iShares S&P 100 ETF | 0.29% | 79,213 | $27.2M | Add +40.2% |
| SHY iShares 1-3 Year Treasury Bo | 0.28% | 318,955 | $26.4M | Add +33.9% |
| DFAW Dimensional World Eqty ETF | 0.28% | 348,314 | $25.8M | Add +26611.2% |
| TLT iShares 20+ Year Treasury BD | 0.27% | 289,040 | $25.2M | Add +19.2% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.27% | 810,578 | $24.9M | Add +10.2% |
| XOM Exxon Mobil Corp. | 0.27% | 206,131 | $24.8M | Add +52.1% |
| PYLD PIMCO Multisector Bond Actv | 0.24% | 853,803 | $22.8M | Add +310.4% |
| IWB iShares Russell 1000 ETF | 0.24% | 60,594 | $22.6M | Add +506.1% |
| AGG iShares Core U.S. Aggregate | 0.24% | 223,933 | $22.4M | Add +55.0% |
| DFAS Dimensional US Small Cap ETF | 0.24% | 319,942 | $22.3M | Add +24.2% |
| DFUV Dimensional US Marketwide Va | 0.24% | 477,636 | $22.3M | Add +6.5% |
| SCHF Schwab Intl Equity ETF | 0.24% | 918,231 | $22.1M | Add +33.8% |
| JNJ Johnson & Johnson | 0.24% | 106,454 | $22.0M | Add +28.4% |
| IWF iShares Russell 1000 Growth | 0.23% | 46,216 | $21.9M | Add +59.3% |
| SCHG Schwab US Large-Cap Growth | 0.23% | 668,618 | $21.8M | Add +44.4% |
| QQQM Invesco Nasdaq 100 ETF | 0.23% | 85,731 | $21.7M | Add +34.7% |
| ABBV Abbvie Inc. | 0.22% | 90,459 | $20.7M | Add +89.8% |
| ORCL Oracle Corp. | 0.22% | 105,101 | $20.5M | Add +44.5% |
| BNDX Vanguard Total Intl Bond ETF | 0.22% | 415,777 | $20.1M | Add +61.5% |
| VGSH Vanguard Short-Term Treasury | 0.22% | 341,525 | $20.1M | Add +13.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.21% | 443,857 | $19.7M | Add +8.3% |
| VXUS Vanguard Total Intl Stock | 0.21% | 259,992 | $19.6M | Add +285.6% |
| JEPI JPMorgan Equity Premium Inco | 0.21% | 337,987 | $19.3M | Add +519.0% |
| GOVT iShares US Treasury Bond ETF | 0.20% | 827,918 | $19.1M | Add +77.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.20% | 172,022 | $18.9M | Add +10.1% |
| CVX Chevron Corp. | 0.20% | 123,947 | $18.9M | Add +16.9% |
| COST Costco Wholesale Corp. | 0.20% | 21,135 | $18.2M | Add +26.7% |
| CAT Caterpillar Inc. | 0.19% | 31,684 | $18.2M | Add +66.0% |
| DFAX Dimensional World Ex US Core | 0.19% | 551,263 | $18.0M | Add +71.2% |
| SCHB Schwab US Broad Market ETF | 0.19% | 662,755 | $17.4M | Add +52.3% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.18% | 321,728 | $17.0M | Add +73.4% |
| ITOT iShares Core S&P Total U.S. | 0.18% | 112,126 | $16.7M | Add +102.5% |
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T puts ($8.5M), AMAZON COM INC puts ($923K), DOORDASH INC puts ($906K), MICROSOFT CORP puts ($822K), JPMORGAN CHASE & CO puts ($806K), STATE STR CORP puts ($697K), TESLA INC puts ($585K), NETFLIX INC. puts ($356K), PALANTIR TECHNOLOGIES INC puts ($356K), FIFTH THIRD BANCORP puts ($351K), BROADCOM INC puts ($346K), NVIDIA CORPORATION puts ($336K), and 26 more.
Other holdings (26): bonds, preferreds, convertibles and warrants · $4.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 2,908 | $3.5M | Add +84.6% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 6,230 | $370K | No change |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 1,444 | $84K | Add +3.8% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,865 | $55K | Add +0.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 35 | $44K | Add +25.0% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 105 | $8K | Reduce -48.8% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 48 | $3K | New |
| NE.WS Noble Corp. PLC-28 | *W EXP 02/04/202 | 143 | $3K | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 17 | $2K | New |
| FRBNW Forbion European Acqui A -23 | *W EXP 12/10/202 | 550 | $1K | No change |
| NOBLE CORP PLC-28 | *W EXP 02/04/202 | 143 | $1K | No change |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 162 | $732 | Add +3.2% |
| ROCLW Roth CH Acquisition V -CW23 | *W EXP 12/10/202 | 848 | $695 | Reduce -46.9% |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 1,000 | $450 | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 56 | $169 | Reduce -19.5% |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 140 | $126 | Reduce -65.1% |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 140 | $73 | New |
| PSNYW Polestar Auto Class C-1 ADS | ADS CL C-1 | 10 | $64 | Reduce -39.8% |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 140 | $56 | New |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 17 | $30 | No change |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | 399 | $11 | Reduce -39.7% |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 175 | $10 | No change |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 93 | $8 | No change |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 2 | $5 | No change |
| RBTCW Founder Spac -CW23 | *W EXP 04/01/202 | 49 | $0 | No change |
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | 166 | $0 | New |
Lines left out (3) · $24 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| ICOP iShares Copper and Metals | COPPER & METALS | 0 | $20 |
| DSTL Distillate US Fundamental St | DISTILLATE US | 0 | $3 |
| OZEM Roundhill GLP-1 & WGT LS ETF | GLP 1 & WEIGHT L | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $9.3B.
Portfolio Sells Q3 2025 → Q4 2025
| QUAL iShares MSCI USA Quality Fac | Reduce -0.1% | 0.44% | −0.17 |
| RSP Invesco S&P 500 Equal Weight | Reduce -2.1% | 0.33% | −0.14 |
| JPHY JPMorgan Active H Yield ETF | Reduce -14.8% | 0.14% | −0.10 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -0.3% | 0.18% | −0.07 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -1.6% | 0.17% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -0.9% | 0.13% | −0.06 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -2.2% | 0.15% | −0.06 |
| MBB iShares MBS ETF | Reduce -2.0% | 0.12% | −0.05 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -32.9% | 0.03% | −0.05 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -28.1% | 0.05% | −0.05 |
| SLV iShares Silver Trust | Reduce -47.5% | 0.06% | −0.04 |
| LBO Whitewolf Publ LST Priv Eq | Reduce -80.7% | 0.01% | −0.04 |
| PDP Invesco Dorsey Wright Moment | Reduce -27.1% | 0.04% | −0.04 |
| FV First Trust DW Focus 5 Fund | Reduce -15.8% | 0.05% | −0.04 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -4.7% | 0.08% | −0.04 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -6.3% | 0.07% | −0.03 |
| EWO iShares MSCI Austria ETF | Sold out | 0.00% | −0.03 |
| IXG iShares Global Financials Et | Reduce -94.9% | 0.00% | −0.03 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -23.2% | 0.03% | −0.03 |
| ETOR Etoro Group Ltd. Class A | Reduce -99.3% | 0.00% | −0.03 |
| ILF iShares Latin America 40 ETF | Reduce -23.7% | 0.04% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -11.0% | 0.04% | −0.03 |
| CL Colgate-Palmolive Co. | Reduce -19.1% | 0.04% | −0.03 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -21.3% | 0.04% | −0.03 |
| RSPG Invesco S&P 500 Equal Weight | Reduce -0.8% | 0.07% | −0.03 |
| SEMG Suncoast Select Growth ETF | Reduce -94.2% | 0.00% | −0.03 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -0.8% | 0.06% | −0.03 |
| EDV Vanguard Extended Dur Treas | Reduce -56.1% | 0.01% | −0.03 |
| OUNZ Vaneck Merk Gold ETF | Reduce -3.7% | 0.08% | −0.03 |
| SMOT Vaneck Morningstar Smid Moat | Reduce -60.3% | 0.01% | −0.03 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -6.9% | 0.05% | −0.03 |
| BITB Bitwise Bitcoin ETF | Reduce -56.9% | 0.01% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -21.6% | 0.02% | −0.02 |
| ETHA iShares Ethereum Trust ETF | Reduce -14.0% | 0.02% | −0.02 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -28.7% | 0.02% | −0.02 |
| FCUS Pinnacle Focused Opport ETF | Reduce -10.8% | 0.03% | −0.02 |
| HFND Unltd HFND Mult St Ret Track | Reduce -67.8% | 0.01% | −0.02 |
| QHDG Innovator HDGD NASDAQ100 ETF | Reduce -85.4% | 0.00% | −0.02 |
| TMSL T.rowe PRC Small-Mid Cap ETF | Reduce -8.2% | 0.04% | −0.02 |
| FTSM First Trust Enh Short Mat FD | Reduce -7.2% | 0.04% | −0.02 |
| FPX First Trust US Equity Opport | Reduce -88.8% | 0.00% | −0.02 |
| PJUL Innovator U.S. Equity Power | Reduce -7.8% | 0.04% | −0.02 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.02 |
| RSPF Invesco S&P 500 Equal Weight | Reduce -1.4% | 0.04% | −0.02 |
| PDBC Invesco Optimum Yield Divers | Reduce -42.0% | 0.01% | −0.02 |
| VFLO Victoryshares Free Cash Flow | Reduce -8.0% | 0.04% | −0.02 |
| FDT First Trust Develp MKT Ex-US | Reduce -35.0% | 0.02% | −0.02 |
| GNRC Generac Holdings Inc. | Reduce -0.5% | 0.02% | −0.02 |
| BIZD Vaneck BDC Income ETF | Reduce -28.6% | 0.01% | −0.02 |
| CPRT Copart Inc. | Reduce -57.4% | 0.01% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| AVLV Avantis US Large Cap Value | Add +190.0% | 0.54% | +0.29 |
| DFAW Dimensional World Eqty ETF | Add +26611.2% | 0.28% | +0.28 |
| DUHP Dimensional US High Profi Et | Add +818.9% | 0.31% | +0.27 |
| IEFA iShares Core MSCI Eafe ETF | Add +97.2% | 0.68% | +0.20 |
| IWB iShares Russell 1000 ETF | Add +506.1% | 0.24% | +0.19 |
| DFIV Dimensional International Va | Add +45.8% | 1.73% | +0.19 |
| JPIE JPMorgan Income ETF | Add +1655.9% | 0.18% | +0.16 |
| JEPI JPMorgan Equity Premium Inco | Add +519.0% | 0.21% | +0.16 |
| PYLD PIMCO Multisector Bond Actv | Add +310.4% | 0.24% | +0.16 |
| XMHQ Invesco S&P Midcap Qual ETF | Add +2937.6% | 0.15% | +0.15 |
| FBND Fidelity Total Bond ETF | Add +147.0% | 0.34% | +0.15 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +160.0% | 0.31% | +0.14 |
| DIVB iShares Core Dividend ETF | Add +7045.4% | 0.14% | +0.14 |
| VXUS Vanguard Total Intl Stock | Add +285.6% | 0.21% | +0.14 |
| DIHP Dimensional International Hi | Add +2057.1% | 0.14% | +0.13 |
| AAPL Apple Inc. | Add +38.5% | 2.79% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +152.9% | 0.30% | +0.13 |
| CGGO Cap Group Global Growth | Add +459.1% | 0.17% | +0.13 |
| NVDA Nvidia Corp. | Add +48.5% | 2.38% | +0.12 |
| GOOG Alphabet Inc. Class C | Add +31.5% | 0.71% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +25.4% | 0.93% | +0.12 |
| STIP iShares 0-5 Year Tips Bond E | Add +66.1% | 0.81% | +0.12 |
| USFR Wisdomtree Floating Rate Tre | Add +497.5% | 0.15% | +0.12 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +447.4% | 0.14% | +0.10 |
| CGGR Cap Group Growth Equity | Add +98.2% | 0.34% | +0.10 |
| DFAC Dimensional US Core Equity 2 | Add +71.9% | 0.44% | +0.09 |
| BSY Bentley Systems Inc. Class B | Add +20094.5% | 0.09% | +0.09 |
| PULS Pgim Ultra Short Bond ETF | Add +1066.8% | 0.10% | +0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +52.3% | 0.90% | +0.09 |
| DGRW Wisdomtree U.S. Quality Divi | Add +5352.1% | 0.09% | +0.09 |
| LLY Eli Lilly & Co. | Add +30.8% | 0.36% | +0.08 |
| USTB Victoryshares Short-Term Bon | New | 0.08% | +0.08 |
| AVGO Broadcom Inc. | Add +53.6% | 0.62% | +0.08 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Add +9861.0% | 0.08% | +0.08 |
| ILCG iShares Morningstar Growth E | Add +949.7% | 0.09% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +89.9% | 0.30% | +0.08 |
| FTGC First Trust Global Tactical | Add +3409.6% | 0.08% | +0.07 |
| MU Micron Technology Inc. | Add +92.8% | 0.13% | +0.07 |
| CAIE Calamos Autocallable Inc. ETF | New | 0.07% | +0.07 |
| JUST Goldman Sachs Just US LRG | Add +761.9% | 0.08% | +0.07 |
| CMF iShares California Muni Bond | Add +601.7% | 0.08% | +0.07 |
| AVES Avantis Emerging Markets Val | Add +665.4% | 0.08% | +0.06 |
| SSPY Stratified Largecp Index ETF | New | 0.06% | +0.06 |
| LMBS First Trust Low Duration Opp | Add +2325.8% | 0.06% | +0.06 |
| JPLD JPMorgan Ltd. Duration ETF | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +56.0% | 0.50% | +0.06 |
| DEHP Dimensional Emrg MRK Hi Prof | Add +12303.3% | 0.06% | +0.06 |
| CAT Caterpillar Inc. | Add +66.0% | 0.19% | +0.06 |
| ITOT iShares Core S&P Total U.S. | Add +102.5% | 0.18% | +0.06 |
| ABBV Abbvie Inc. | Add +89.8% | 0.22% | +0.06 |
Options Activity Q3 2025 → Q4 2025
| STATE STR SPDR S&P 500 ETF T | put | Reduce -20.4% | 12,500 | $8.5M |
| STATE STR SPDR S&P 500 ETF T | call | Sold out | 1,700 | $1.1Mbefore exit |
| AMAZON COM INC | put | New | 4,000 | $923K |
| DOORDASH INC | put | New | 4,000 | $906K |
| JPMORGAN CHASE & CO | put | New | 2,500 | $806K |
| STATE STR CORP | put | New | 5,400 | $697K |
| TESLA INC | put | New | 1,300 | $585K |
| NETFLIX INC. | put | New | 3,800 | $356K |
| PALANTIR TECHNOLOGIES INC | put | New | 2,000 | $356K |
| FIFTH THIRD BANCORP | put | New | 7,500 | $351K |
| BROADCOM INC | put | New | 1,000 | $346K |
| NVIDIA CORPORATION | put | New | 1,800 | $336K |
| APPLE INC | put | New | 1,200 | $326K |
| META PLATFORMS INC | call | New | 300 | $198K |
| OREILLY AUTOMOTIVE INC | put | New | 2,000 | $182K |
| ENOVIX CORPORATION | call | Sold out | 9,500 | $95Kbefore exit |
| ORACLE CORP | put | Sold out | 200 | $56Kbefore exit |
| NVIDIA CORPORATION | call | New | 300 | $56K |
| NOVO-NORDISK A S | call | New | 1,000 | $51K |
| GLOBAL X FDS | put | New | 1,000 | $51K |
| MICROSOFT CORP | call | Reduce -80.0% | 100 | $48K |
| TESLA INC | call | New | 100 | $45K |
| INTUITIVE SURGICAL INC | call | Sold out | 100 | $45Kbefore exit |
| ISHARES TR | put | Sold out | 500 | $45Kbefore exit |
| NEXTDOOR HOLDINGS INC | call | Sold out | 20,000 | $42Kbefore exit |
| ESCO TECHNOLOGIES INC | call | New | 200 | $39K |
| UNITEDHEALTH GROUP INC COM | call | Sold out | 100 | $35Kbefore exit |
| QORVO INC | call | New | 400 | $34K |
| SELECT SECTOR SPDR TR | put | New | 700 | $32K |
| QORVO INC COM | call | Sold out | 300 | $27Kbefore exit |
| ALPHABET INC | call | Sold out | 100 | $24Kbefore exit |
| HEWLETT PACKARD ENTERPRISE C | call | New | 1,000 | $24K |
| ISHARES TR | call | Sold out | 200 | $24Kbefore exit |
| BLACKSKY TECHNOLOGY INC | call | New | 1,200 | $23K |
| ISHARES ETHEREUM TR | call | Sold out | 700 | $22Kbefore exit |
| VENTURE GLOBAL INC | call | New | 3,000 | $20K |
| ORACLE CORP | call | New | 100 | $19K |
| BRIGHTHOUSE FINL INC | call | Sold out | 300 | $16Kbefore exit |
| NIO Nio Inc. - ADR | call | New | 2,600 | $13K |
| SEMLER SCIENTIFIC INC | call | New | 800 | $12K |
| CLEANSPARK INC | call | New | 1,000 | $10K |
| CIPHER DIGITAL INC | call | New | 500 | $7K |
| ROCKET LAB CORP | call | New | 100 | $7K |
| UP FINTECH HLDG LTD | call | Sold out | 600 | $6Kbefore exit |
| TWENTY ONE CAP INC | call | New | 500 | $4K |
| CHURCHILL CAP CORP X | call | New | 200 | $3K |
| REZOLVE AI PLC | call | Sold out | 600 | $3Kbefore exit |
| BTQ TECHNOLOGIES CORP | call | New | 500 | $3K |
| PARAMOUNT SKYDANCE CORP | call | New | 100 | $1K |
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
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +84.6% | 2,908 | $3.5M |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +3.8% | 1,444 | $84K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +0.1% | 2,865 | $55K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +25.0% | 35 | $44K |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | Sold out | 1,007 | $18Kbefore exit |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Sold out | 200 | $10Kbefore exit |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Reduce -48.8% | 105 | $8K |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 48 | $3K |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | New | 17 | $2K |
| SLDPW Decarbonization Plus -CW23 | *W EXP 12/08/202 | Sold out | 2,500 | $1Kbefore exit |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | Sold out | 12,400 | $868before exit |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Add +3.2% | 162 | $732 |
| ROCLW Roth CH Acquisition V -CW23 | *W EXP 12/10/202 | Reduce -46.9% | 848 | $695 |
| PLMKW Plum Acquisition Corp. IV-30 | *W EXP 08/19/202 | Sold out | 2,000 | $540before exit |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | Reduce -19.5% | 56 | $169 |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -65.1% | 140 | $126 |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 140 | $73 |
| PSNYW Polestar Auto Class C-1 ADS | ADS CL C-1 | Reduce -39.8% | 10 | $64 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 140 | $56 |
| XBPEW CF Acquisition Viii A -CW27 | *W EXP 11/30/202 | Reduce -39.7% | 399 | $11 |
| DSTL Distillate US Fundamental St | DISTILLATE US | Reduce -100.0% | 0 | $3 |
| PSEWF Paysafe Ltd. -CW26 | *W EXP 03/30/202 | New | 166 | $0 |
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 | 5,911 | $12.8B | IVV, VOO, AAPL, NVDA, DFIV |
| Q1 2026 | 5,702 | $10.6B | IVV, VOO, AAPL, NVDA, DFIV |
| Q4 2025 | 5,390 | $9.3B | IVV, AAPL, VOO, NVDA, VEA |
| Q3 2025 | 4,918 | $6.6B | IVV, VOO, AAPL, NVDA, VEA |
| Q2 2025 | 4,467 | $5.0B | IVV, VOO, VEA, AAPL, IUSB |
| Q1 2025 | 4,256 | $3.9B | IVV, VOO, AAPL, IUSB, ORLY |
| Q4 2024 | 3,996 | $2.8B | IVV, VOO, IUSB, AAPL, MSFT |
| Q3 2024 | 3,993 | $2.7B | IVV, VOO, NVDA, AAPL, IUSB |
| Q2 2024 | 3,805 | $2.1B | IVV, VOO, NVDA, AAPL, IUSB |
| Q1 2024 | 3,579 | $1.6B | IVV, VOO, NVDA, IUSB, FFIU |