First Foundation Advisors

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 10, 2024), First Foundation Advisors reported 431 stock positions worth $2.5 billion. Its top holding was Microsoft (MSFT) at 18.0% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.5%) and Alphabet Class C (GOOG, 3.7%). Compared with Q4 2023, it opened 32 new positions, sold out of 30, added to 147 and reduced 170. The biggest buy was JPMorgan Equity Premium Inco (JEPI, shares +92%) and the biggest sale Kroger (KR, shares −98%).

Most Recent 13F
Q2 2026
Location
Irvine, CA
CIK
0001086763
Portfolio Value
$2.5B (Q1 2024)
SEC Filing
0001086763-24-000010 ↗ filed May 10, 2024

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $2.5B $2.5B Q1 2024 Q2 2024: $2.6B Q2 2024 Q3 2024: $2.7B Q3 2024 Q4 2024: $2.7B Q4 2024 Q1 2025: $2.5B Q1 2025 Q2 2025: $2.7B Q2 2025 Q3 2025: $2.7B Q3 2025 Q4 2025: $2.7B Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 431 stocks · $2.5B
MSFT Microsoft Corp. 17.97% 1,066,315 $448.6M Reduce -1.2%
IVV iShares Core S&P 500 ETF 4.51% 214,170 $112.6M Add +19.7%
GOOG Alphabet Inc. Class C 3.73% 611,848 $93.2M Reduce -3.8%
MOAT Vaneck Morningstar Wide Moat 3.67% 1,019,331 $91.6M Add +57.8%
JEPI JPMorgan Equity Premium Inco 2.79% 1,203,095 $69.6M Add +91.9%
AMZN Amazon.com Inc. 2.79% 385,691 $69.6M Reduce -2.6%
BRK.B Berkshire Hathaway Inc. Class B 2.42% 143,915 $60.5M Reduce -3.5%
AAPL Apple Inc. 2.39% 347,525 $59.6M Add +31.4%
IEFA iShares Core MSCI Eafe ETF 2.25% 757,968 $56.3M Add +12.4%
UPS United Parcel Service Class B 2.15% 360,828 $53.6M Reduce -0.9%
GSLC Goldman Activebeta US LC ETF 2.03% 489,165 $50.8M Add +8.8%
PWZ Invesco California Amt-Free 1.68% 1,682,055 $41.8M Add +38.8%
GSIE Goldman Sachs Activebeta Int 1.50% 1,091,924 $37.4M Add +13.7%
IWR iShares Russell Mid-Cap ETF 1.42% 421,140 $35.4M Add +5.8%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 1.33% 844,240 $33.2M Add +53.1%
AMD Advanced Micro Devices 1.33% 183,553 $33.1M Reduce -0.3%
CMF iShares California Muni Bond 1.28% 556,424 $32.0M Add +34.3%
JPM JPMorgan Chase & Co. 1.14% 142,034 $28.4M Reduce -3.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 1.10% 251,810 $27.4M Add +103.7%
UBER Uber Technologies Inc. 1.07% 346,901 $26.7M Reduce -7.6%
MA Mastercard Inc. Class A 1.03% 53,272 $25.7M Reduce -6.3%
IEMG iShares Core MSCI Emerging 1.02% 491,898 $25.4M Add +11.8%
GSSC Goldman Sachs Activebeta US 1.00% 381,803 $25.0M Add +9.3%
UNH Unitedhealth Group Inc. 1.00% 50,382 $24.9M Reduce -2.1%
PM Philip Morris International 0.90% 245,410 $22.5M Reduce -23.0%
SCHW Schwab (charles) Corp. 0.89% 306,703 $22.2M Reduce -13.9%
SU Suncor Energy Inc. 0.89% 600,627 $22.2M Reduce -5.3%
COR Cencora Inc. 0.88% 89,970 $21.9M Reduce -8.9%
AGG iShares Core U.S. Aggregate 0.85% 216,815 $21.2M Add +54.7%
CP Canadian Pacific Kansas City 0.83% 234,604 $20.7M Reduce -7.7%
QCOM Qualcomm Inc. 0.81% 119,777 $20.3M Reduce -8.1%
AMAT Applied Materials Inc. 0.80% 96,790 $20.0M Reduce -2.9%
IWM iShares Russell 2000 ETF 0.78% 93,136 $19.6M Add +3.3%
LOW Lowe's Cos Inc. 0.77% 75,840 $19.3M Reduce -8.2%
APH Amphenol Corp. Class A 0.70% 150,709 $17.4M Reduce -6.2%
CVX Chevron Corp. 0.69% 109,955 $17.3M Reduce -7.4%
AGGY Wisdomtree Yield Enhanced US 0.69% 397,460 $17.2M Add +41.7%
NVDA Nvidia Corp. 0.68% 18,765 $17.0M Add +5.7%
IWF iShares Russell 1000 Growth 0.66% 49,166 $16.6M Add +143.4%
ACN Accenture PLC Class A 0.64% 45,986 $15.9M Reduce -5.9%
AZN Astrazeneca PLC-Spons ADR 0.61% 223,169 $15.1M Add +34.1%
ITOT iShares Core S&P Total U.S. 0.56% 121,656 $14.0M Reduce -7.0%
GEM Goldman Sachs Activebeta Em 0.53% 423,191 $13.3M Add +6.8%
IEF iShares 7-10 Year Treasury B 0.53% 139,704 $13.2M Add +31.5%
IAU iShares Gold Trust 0.52% 311,792 $13.1M Reduce -2.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.52% 24,891 $13.0M Add +0.9%
REXR Rexford Industrial Realty Inc. 0.52% 256,298 $12.9M Add +2.7%
CME Cme Group Inc. 0.50% 58,418 $12.6M Reduce -28.8%
RSP Invesco S&P 500 Equal Weight 0.50% 73,111 $12.4M Add +1.1%
GAL SS Global Allocation ETF 0.47% 273,835 $11.8M Add +10.4%
BN Brookfield Corp. 0.47% 279,244 $11.7M Reduce -8.4%
LIN Linde PLC 0.47% 25,157 $11.7M Reduce -9.3%
TXN Texas Instruments Inc. 0.47% 66,822 $11.6M Reduce -0.0%
COST Costco Wholesale Corp. 0.46% 15,843 $11.6M Add +5.3%
DHR Danaher Corp. 0.46% 46,462 $11.6M Reduce -25.6%
XCEM Columbia Em Core Ex-China 0.43% 341,917 $10.6M Add +456.4%
CSCO Cisco Systems Inc. 0.41% 205,747 $10.3M Reduce -18.8%
META Meta Platforms Inc. Class A 0.39% 20,020 $9.7M Add +2.4%
LH Laboratory CRP of Amer Hldgs 0.39% 44,189 $9.7M Reduce -24.8%
XOM Exxon Mobil Corp. 0.38% 80,829 $9.4M Add +338.6%
AVGO Broadcom Inc. 0.36% 6,873 $9.1M Add +1.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.36% 73,481 $9.0M Reduce -19.1%
VOO Vanguard S&P 500 ETF 0.32% 16,522 $7.9M Reduce -15.6%
PZA Invesco National Amt-Free Mu 0.31% 327,428 $7.8M Add +117.9%
NEE Nextera Energy Inc. 0.31% 120,046 $7.7M Reduce -3.5%
BUR Burford Capital Ltd. 0.30% 474,232 $7.6M No change
AON Aon PLC Class A 0.29% 21,714 $7.2M Reduce -4.3%
GOOGL Alphabet Inc. Class A 0.29% 47,883 $7.2M Reduce -3.9%
JNJ Johnson & Johnson 0.29% 45,002 $7.1M Add +13.3%
V Visa Inc. Class A 0.21% 18,887 $5.3M Reduce -8.5%
ADBE Adobe Inc. 0.20% 9,953 $5.0M Add +6.9%
EFA iShares MSCI Eafe ETF 0.20% 61,576 $4.9M Reduce -0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.20% 48,339 $4.9M Add +2.4%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.19% 153,150 $4.8M New
INTU Intuit Inc. 0.18% 6,931 $4.5M Add +6.4%
O Realty Income Corp. 0.17% 80,720 $4.4M Reduce -4.4%
PFE Pfizer Inc. 0.17% 155,951 $4.3M Add +15.3%
HD Home Depot Inc. 0.17% 11,278 $4.3M Add +5.0%
CTAS Cintas Corp. 0.16% 5,976 $4.1M Add +2.2%
TLF Tandy Leather Factory Inc. 0.15% 826,712 $3.8M No change
BRK.A Berkshire Hathaway Inc. Class A 0.15% 6 $3.8M No change
AOR iShares Core 60/40 Balanced 0.15% 66,109 $3.7M Add +9.7%
NOW ServiceNow Inc. 0.15% 4,792 $3.7M Add +3.3%
TPL Texas Pacific Land Corp. 0.15% 6,279 $3.6M Add +55.3%
LULU Lululemon Athletica Inc. 0.14% 9,218 $3.6M Add +8.0%
TCHP T Rowe Price Blue Chip Growt 0.14% 100,862 $3.6M Add +0.3%
VNQ Vanguard Real Estate ETF 0.14% 40,490 $3.5M Add +16.5%
RC Ready Capital Corp. 0.14% 380,993 $3.5M Add +1.3%
VEEV Veeva Systems Inc. Class A 0.13% 14,387 $3.3M Add +7.8%
ASML ASML Holding NV-NY Reg SHS 0.13% 3,383 $3.3M Add +11.1%
ADI Analog Devices Inc. 0.13% 16,009 $3.2M Add +5.8%
SHYD Vaneck SH Hi YLD Muni 0.12% 138,674 $3.1M Reduce -21.1%
KEYS Keysight Technologies Inc. 0.12% 19,787 $3.1M Add +5.1%
REGN Regeneron Pharmaceuticals 0.12% 3,109 $3.0M Add +1.6%
FTNT Fortinet Inc. 0.12% 43,309 $3.0M Add +18.9%
QQQ Invesco QQQ Trust Series 1 0.12% 6,578 $2.9M Reduce -7.7%
MSCI MSCI Inc. 0.12% 5,148 $2.9M Add +8.1%
SPGI S&P Global Inc. 0.11% 6,736 $2.9M Add +7.9%
BLK BlackRock Finance Inc. 0.11% 3,347 $2.8M Add +8.4%
PECO Phillips Edison & Company Inc. 0.11% 77,312 $2.8M Reduce -11.5%
VTI VG Morningstar TS MKT ETF-US 0.11% 10,658 $2.8M Reduce -0.5%
JYNT The Joint Corp. 0.11% 209,301 $2.7M Add +18.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.11% 10,637 $2.7M Reduce -3.2%
IDXX Idexx Laboratories Inc. 0.11% 4,908 $2.6M Add +4.6%
POOL Pool Corp. 0.10% 6,353 $2.6M Add +8.1%
SBUX Starbucks Corp. 0.10% 26,846 $2.5M Reduce -0.2%
MUB iShares National Muni Bond E 0.10% 22,755 $2.4M Add +60.0%
ZTS Zoetis Inc. 0.10% 14,279 $2.4M Add +10.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.09% 46,152 $2.3M Reduce -47.7%
EEM iShares MSCI Emerging Market 0.09% 55,706 $2.3M Reduce -7.5%
DEO Diageo PLC-Sponsored ADR 0.09% 14,817 $2.2M Reduce -68.8%
QDF NT Qual Div ETF 0.09% 32,666 $2.2M No change
LLY Eli Lilly & Co. 0.09% 2,728 $2.1M Reduce -1.7%
SMOT Vaneck Morningstar Smid Moat 0.08% 61,943 $2.1M Reduce -0.8%
PEP Pepsico Inc. 0.08% 11,815 $2.1M Reduce -4.4%
MRK Merck & Co. Inc. 0.08% 15,480 $2.0M Add +4.2%
LRCX Lam Research Corp. 0.08% 2,043 $2.0M Reduce -6.3%
PAYC Paycom Software Inc. 0.08% 9,816 $2.0M Add +14.8%
FWONA Liberty Media Corp. Class A 0.08% 32,834 $1.9M Reduce -9.0%
WBS Webster Financial Corp. 0.08% 37,933 $1.9M Reduce -0.2%
JPST JPMorgan Ultra-Short Income 0.08% 37,804 $1.9M Add +94.4%
NCA Nuveen California Muni Val 0.07% 208,177 $1.9M No change
MCD McDonald's Corp. 0.07% 6,570 $1.9M Add +50.8%
IJH iShares Core S&P Midcap ETF 0.07% 30,363 $1.8M Add +2.9%
PG The Procter & Gamble Co. 0.07% 11,074 $1.8M Reduce -62.0%
ABBV Abbvie Inc. 0.07% 9,866 $1.8M Add +8.3%
MOTI Vaneck Mstar Int Moat ETF 0.07% 57,385 $1.8M Add +0.9%
AB Alliancebernstein Holding LP 0.07% 50,950 $1.8M No change
PDI PIMCO Dynamic Income Fund 0.07% 90,596 $1.7M No change
IWP iShares Russell Mid-Cap Grow 0.07% 15,087 $1.7M Add +19.6%
GILD Gilead Sciences Inc. 0.07% 23,456 $1.7M Reduce -31.3%
RTO Rentokil Initial PLC-SP ADR 0.07% 55,111 $1.7M Reduce -41.2%
CREATIVE MEDIA & CMNTY TR 0.07% 387,595 $1.7M Reduce -0.8%
VIOO Vanguard S&P Small-Cap 600 E 0.06% 15,690 $1.6M No change
IJR iShares Core S&P Small-Cap E 0.06% 14,285 $1.6M Add +1.1%
DD Dupont DE Nemours Inc. 0.06% 19,442 $1.5M Add +0.4%
NFLX Netflix Inc. 0.06% 2,404 $1.5M Reduce -3.8%
ARE Alexandria Real Estate Equit 0.06% 11,302 $1.5M Reduce -4.5%
NOC Northrop Grumman Corp. 0.06% 2,998 $1.4M Add +102.2%
CAT Caterpillar Inc. 0.06% 3,861 $1.4M Add +4.8%
ORCL Oracle Corp. 0.06% 11,240 $1.4M Reduce -0.9%
DOW Dow Inc. 0.06% 24,232 $1.4M Reduce -3.2%
LMT Lockheed Martin Corp. 0.06% 3,038 $1.4M Reduce -5.5%
PDX PIMCO Dynamic Income Strat 0.05% 64,078 $1.4M Reduce -4.2%
MOH Molina Healthcare Inc. 0.05% 3,291 $1.4M No change
WMT Walmart Inc. 0.05% 22,363 $1.3M Add +6.9%
BTI British American Tob-SP ADR 0.05% 43,806 $1.3M Reduce -1.2%
ABT Abbott Laboratories 0.05% 11,453 $1.3M Reduce -3.3%
TSLA Tesla Inc. 0.05% 7,389 $1.3M Reduce -19.6%
LRGF iShares US Equity Factor ETF 0.05% 24,010 $1.3M Reduce -0.5%
MO Altria Group Inc. 0.05% 29,199 $1.3M Reduce -4.6%
EFG iShares MSCI Eafe Growth ETF 0.05% 12,231 $1.3M Add +5.8%
IWO iShares Russell 2000 Growth 0.05% 4,631 $1.3M Add +11.0%
REM iShares Mortgage Real Estate 0.05% 53,204 $1.2M Reduce -29.8%
SCHX Schwab US Large-Cap ETF 0.05% 19,877 $1.2M Reduce -2.7%
DGRO iShares Core Dividend Growth 0.05% 21,212 $1.2M Reduce -7.5%
GLD SPDR Gold Shares 0.05% 5,984 $1.2M Add +4.2%
SHY iShares 1-3 Year Treasury Bo 0.05% 14,534 $1.2M Reduce -66.9%
XLF SS Financial Select Sector 0.05% 28,163 $1.2M Add +0.2%
IVW iShares S&P 500 Growth ETF 0.05% 13,853 $1.2M Add +22.9%
SHYG iShares 0-5 YR HY Corp. Bond 0.05% 27,469 $1.2M Reduce -18.3%
IWN iShares Russell 2000 Value E 0.05% 7,190 $1.1M Reduce -15.7%
HON Honeywell International Inc. 0.05% 5,553 $1.1M Reduce -0.1%
IWS iShares Russell Mid-Cap Valu 0.04% 8,763 $1.1M Add +12.0%
SUSA iShares ESG Optimized MSCI U 0.04% 9,684 $1.1M Add +38.8%
BE Bloom Energy Corp. Class A 0.04% 93,481 $1.1M Reduce -7.6%
BA The Boeing Co. 0.04% 5,340 $1.0M Reduce -3.1%
RTX RTX Corp. 0.04% 10,396 $1.0M Reduce -2.3%
ROK Rockwell Automation Inc. 0.04% 3,427 $998K Reduce -11.0%
XYLD Global X S&P 500 Cove Call E 0.04% 24,448 $997K Reduce -5.6%
AMGN Amgen Inc. 0.04% 3,482 $990K Reduce -0.3%
PH Parker Hannifin Corp. 0.04% 1,772 $985K Reduce -36.9%
DIAL Columbia Divers Fix Inc. ETF 0.04% 55,078 $979K Reduce -48.4%
SHW The Sherwin-Williams Co. 0.04% 2,816 $978K Add +15.5%
BF.B Brown-Forman Corp. Class B 0.04% 18,758 $968K Reduce -8.2%
NVO Novo-Nordisk A/S-Spons ADR 0.04% 7,416 $952K Add +3.1%
MDT Medtronic PLC 0.04% 10,816 $943K Reduce -5.0%
EFV iShares MSCI Eafe Value ETF 0.04% 17,077 $929K Add +38.5%
IWD iShares Russell 1000 Value E 0.04% 5,157 $924K Reduce -8.0%
CMCSA Comcast Corp. Class A 0.04% 21,025 $911K Reduce -3.7%
BX Blackstone Inc. 0.04% 6,870 $903K Reduce -18.9%
EW Edwards Lifesciences Corp. 0.03% 8,909 $851K No change
PCAR Paccar Inc. 0.03% 6,652 $824K Add +3.2%
PSA Public Storage 0.03% 2,753 $799K Add +2.4%
KO The Coca-Cola Co. 0.03% 13,026 $797K Reduce -4.8%
UNP Union Pacific Corp. 0.03% 3,236 $796K Add +9.0%
YUM Yum! Brands Inc. 0.03% 5,701 $790K Reduce -7.8%
PSX Phillips 66 0.03% 4,786 $782K Add +8.4%
WM Waste Management Inc. 0.03% 3,504 $747K Add +13.6%
TGT Target Corp. 0.03% 4,202 $745K Reduce -1.1%
AXP American Express Co. 0.03% 3,261 $743K Add +7.2%
DFAC Dimensional US Core Equity 2 0.03% 22,456 $717K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 2,074 $714K Reduce -25.8%
CNI Canadian Natl Railway Co. 0.03% 5,408 $712K Reduce -0.3%
TSI TCW Strategic Income Fund 0.03% 147,625 $710K Add +5.3%
PDO PIMCO Dynamic Income Opport 0.03% 53,424 $704K Reduce -24.5%
VYM Vanguard High DVD Yield ETF 0.03% 5,814 $703K Add +1.2%
IVE iShares S&P 500 Value ETF 0.03% 3,751 $701K Add +41.5%
XPCQX PIMCO California Muni Inc. FD 0.03% 72,949 $683K No change
GUNR NT Mstar GLBL NR ETF 0.03% 16,075 $660K No change
ELV Elevance Health Inc. 0.03% 1,273 $660K Reduce -19.4%
OPP Rivernrth/Doublelne STR Opp 0.03% 74,798 $645K No change
MS Morgan Stanley 0.02% 6,521 $614K Reduce -2.7%
XLY SS Consumer Disc Select Sect 0.02% 3,288 $605K No change
XLK SS Technology Select Sector 0.02% 2,899 $604K Reduce -1.5%
NKE Nike Inc. Class B 0.02% 6,361 $598K Reduce -0.2%
NAC Nuveen Ca QLTY Muni Inc. 0.02% 52,999 $584K Reduce -21.8%
EMR Emerson Electric Co. 0.02% 5,075 $576K Add +11.4%
XLI SS Industrial Select Sector 0.02% 4,548 $573K Add +3.9%
VT Vanguard Tot World STK ETF 0.02% 5,105 $564K Add +0.1%
INTC Intel Corp. 0.02% 12,679 $560K Reduce -5.2%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.02% 325 $554K No change
MDLZ Mondelez International Inc. Class A 0.02% 7,907 $553K Add +17.1%
SNPS Synopsys Inc. 0.02% 962 $550K Add +1.3%
IHI iShares U.S. Medical Devices 0.02% 9,290 $544K No change
COP Conocophillips 0.02% 4,258 $542K Reduce -10.4%
LEN.B Lennar Corp. Class B 0.02% 3,499 $540K Reduce -10.9%
BAX Baxter International Inc. 0.02% 12,600 $539K New
GE General Electric 0.02% 3,034 $533K Add +4.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 13,776 $522K Add +33.2%
DE Deere & Co. 0.02% 1,249 $513K Add +2.3%
XAR SS SPDR S&P Aerospace Def 0.02% 3,608 $507K Add +21.4%
TOTL SS Doubleline TR Tact ETF 0.02% 12,431 $498K No change
VEA Vanguard Ftse Developed ETF 0.02% 9,713 $487K Reduce -1.5%
PNC PNC Financial Services Group 0.02% 3,006 $486K Add +2.8%
SHEL Shell PLC-ADR 0.02% 7,246 $486K Reduce -8.9%
IEO iShares U.S. Oil & Gas Explo 0.02% 4,524 $484K Reduce -33.9%
SYK Stryker Corp. 0.02% 1,343 $481K Add +49.5%
ESGD iShares Trust iShares ESG Aw 0.02% 5,987 $478K Reduce -12.0%
TMO Thermo Fisher Scientific Inc. 0.02% 818 $475K Reduce -7.0%
MCHP Microchip Technology Inc. 0.02% 5,290 $475K Add +19.5%
BIP Brookfield Infrastructure Pa 0.02% 15,202 $474K No change
MTUM iShares MSCI USA Momentum Fa 0.02% 2,513 $471K No change
ITA iShares U.S. Aerospace & Def 0.02% 3,523 $465K Reduce -7.9%
ETN Eaton Corp. PLC 0.02% 1,397 $437K Add +19.7%
NXRT Nexpoint Residential 0.02% 13,427 $432K No change
IHF iShares U.S. Healthcare Prov 0.02% 7,850 $428K No change
WMB Williams Cos Inc. 0.02% 10,942 $426K Reduce -15.4%
DUHP Dimensional US High Profi Et 0.02% 13,388 $423K No change
XLE SS Energy Select Sector 0.02% 4,423 $418K Add +2.5%
KYN Kayne Anderson Energy Infra 0.02% 41,605 $416K Reduce -1.2%
XEL Xcel Energy Inc. 0.02% 7,735 $416K No change
MGM MGM Resorts International 0.02% 8,684 $410K Reduce -3.8%
VZ Verizon Communications Inc. 0.02% 9,658 $405K Reduce -16.7%
PSI Invesco Semiconductors ETF 0.02% 7,146 $403K No change
RSPG Invesco S&P 500 Equal Weight 0.02% 4,797 $399K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.02% 2,541 $392K Add +2.7%
MDY State Street SPDR S&P Midcap 0.02% 699 $389K Add +28.5%
GD General Dynamics Corp. 0.02% 1,376 $389K Add +28.1%
HCA HCA Healthcare Inc. 0.02% 1,165 $388K Reduce -1.8%
AMLP Alerian MLP ETF 0.02% 8,128 $386K Add +0.4%
ADP Automatic Data Processing 0.02% 1,536 $384K Add +14.8%
RSG Republic Services Inc. 0.02% 2,002 $383K No change
SMLF iShares US Smallcap Equity F 0.02% 6,021 $383K No change
SONY Sony Group Corp. - SP ADR 0.02% 4,447 $381K Reduce -20.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.02% 6,524 $376K No change
SLV iShares Silver Trust 0.01% 16,468 $375K No change
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.01% 6,900 $374K Reduce -37.2%
PKG Packaging Corp. of America 0.01% 1,961 $372K Add +9.1%
ICE Intercontinental Exchange Inc. 0.01% 2,688 $369K Reduce -0.7%
ROBO Robo Global Robotics and Aut filed as EXCHANGE TRADED CONCEPTS TRU 0.01% 6,261 $367K No change
RLI Rli Corp. 0.01% 2,471 $367K No change
SYY Sysco Corp. 0.01% 4,517 $367K Add +17.5%
OKE Oneok Inc. 0.01% 4,538 $364K Reduce -4.1%
NUSC Nuveen ESG Small-Cap ETF 0.01% 8,616 $358K Reduce -41.5%
EFSC Enterprise Financial Service 0.01% 8,770 $356K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 1,860 $355K Reduce -10.9%
SRE Sempra 0.01% 4,945 $355K No change
OTIS Otis Worldwide Corp. 0.01% 3,536 $351K Add +1.2%
MCK McKesson Corp. 0.01% 642 $345K No change
NVS Novartis AG-Sponsored ADR 0.01% 3,501 $339K Reduce -3.3%
T AT&T Inc. 0.01% 18,860 $332K Reduce -7.3%
CTVA Corteva Inc. 0.01% 5,696 $328K Reduce -5.7%
DSI iShares ESG MSCI KLD 400 ETF 0.01% 3,233 $326K No change
VCSH Vanguard S/T Corp. Bond ETF 0.01% 4,215 $326K No change
DSL Doubleline Income Solutions 0.01% 25,191 $320K Reduce -5.9%
BKNG Booking Holdings Inc. 0.01% 88 $319K Reduce -7.4%
ESGE iShares Inc. iShares ESG Awar 0.01% 9,684 $312K Reduce -17.1%
KR Kroger Co. 0.01% 5,395 $308K Reduce -98.0%
U Unity Software Inc. 0.01% 11,349 $303K Reduce -13.6%
APD Air Products & Chemicals Inc. 0.01% 1,238 $300K Reduce -14.6%
VWO Vanguard Ftse Emerging Marke 0.01% 7,136 $298K Reduce -55.4%
XLV SS Health Care Select Sector 0.01% 2,003 $296K Add +29.1%
FAST Fastenal Co. 0.01% 3,739 $288K Add +3.3%
ISRG Intuitive Surgical Inc. 0.01% 713 $285K Reduce -17.5%
NUMG Nuveen ESG Mid-Cap Grow ETF 0.01% 6,357 $283K Reduce -27.9%
IQV Iqvia Holdings Inc. 0.01% 1,118 $283K Reduce -2.4%
VIG Vanguard Dividend Apprec ETF 0.01% 1,527 $279K Add +0.3%
GOF Guggenheim Strategic Opport 0.01% 19,450 $279K No change
IGV iShares Expanded Tech-Softwa 0.01% 3,255 $278K No change
WEC WEC Energy Group Inc. 0.01% 3,370 $277K Reduce -2.9%
SCHD Schwab US DVD Equity ETF 0.01% 3,420 $276K Reduce -1.6%
NXDT Nexpoint Diversified Real Es 0.01% 41,722 $275K Add +1.8%
APPF Appfolio Inc. Class A 0.01% 1,098 $271K New
DG Dollar General Corp. 0.01% 1,726 $269K Reduce -2.2%
AMX America Movil Sab DE CV 0.01% 14,295 $267K No change
JPRE JPMorgan Realty Income ETF 0.01% 6,035 $265K New
GS Goldman Sachs Group Inc. 0.01% 625 $261K Add +17.0%
XLP SS Consumer Staples Sel Sect 0.01% 3,415 $261K Add +1.8%
FTEC Fidelity MSCI Info Tech Indx 0.01% 1,660 $259K No change
NUMV Nuveen ESG Mid-Cap Value ETF 0.01% 7,536 $258K Reduce -25.3%
SPHD Invesco S&P 500 High Dividen 0.01% 5,797 $257K Reduce -0.0%
NSC Norfolk Southern Corp. 0.01% 1,008 $257K Add +13.5%
PLD Prologis Inc. 0.01% 1,969 $256K Add +13.1%
STZ Constellation Brands Inc. Class A 0.01% 943 $256K Add +51.9%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.01% 1,330 $255K Reduce -4.9%
DVY iShares Select Dividend ETF 0.01% 2,026 $250K No change
CRM Salesforce Inc. 0.01% 828 $249K Add +38.0%
RSPT Invesco S&P 500 Equal Weight 0.01% 7,022 $247K Add +0.0%
HSY The Hershey Co. 0.01% 1,256 $244K Add +9.9%
XFRAX BlackRock Fltng RT Inc. Strat 0.01% 18,324 $237K No change
BIDU Baidu Inc. - Spon ADR 0.01% 2,209 $233K No change
FE Firstenergy Corp. 0.01% 5,924 $229K No change
FISV Fiserv Inc. 0.01% 1,418 $227K Reduce -0.5%
SGOV iShares 0-3 Month Treasury B 0.01% 2,245 $226K Reduce -42.5%
SCHF Schwab Intl Equity ETF 0.01% 5,747 $224K Reduce -4.7%
EPD Enterprise Products Partners 0.01% 7,600 $222K Reduce -6.7%
WFC Wells Fargo & Co. 0.01% 3,797 $220K No change
REET iShares Global REIT ETF 0.01% 9,254 $219K Reduce -2.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.01% 1,400 $218K Reduce -6.2%
DFAS Dimensional US Small Cap ETF 0.01% 3,444 $215K New
AMT American Tower Corp. 0.01% 1,080 $213K Add +34.2%
EIX Edison International 0.01% 3,012 $213K No change
SDY SS SPDR S&P Dividend ETF 0.01% 1,600 $210K Reduce -41.3%
CTO Cto Realty Growth Inc. filed as CTO RLTY GROWTH INC NEW 0.01% 12,375 $210K No change
NOV Nov Inc. 0.01% 10,658 $208K No change
VB Vanguard Most SM-Cap ETF-Usd 0.01% 909 $208K Reduce -18.6%
OCSL Oaktree Specialty Lending Co. 0.01% 10,559 $208K No change
FDVV Fidelity High Dividend ETF 0.01% 4,500 $204K New
TT Trane Technologies PLC 0.01% 665 $200K Add +84.7%
NSIT Insight Enterprises Inc. 0.01% 1,050 $195K New
ECL Ecolab Inc. 0.01% 838 $193K No change
CVS CVS Health Corp. 0.01% 2,409 $192K Reduce -2.2%
GSBD Goldman Sachs BDC Inc. 0.01% 12,590 $189K No change
GM General Motors Co. 0.01% 4,113 $187K Add +0.1%
F Ford Motor Co. filed as FORD MTR CO DEL 0.01% 13,683 $182K Add +8.6%
KMB Kimberly-Clark Corp. 0.01% 1,403 $181K Add +7.9%
XEVVX Eaton Vance Ltd. Durat Inc. 0.01% 18,611 $181K No change
NUE Nucor Corp. 0.01% 899 $178K No change
BMY Bristol-Myers Squibb Co. 0.01% 3,270 $177K Add +20.1%
C Citigroup Inc. 0.01% 2,742 $173K Add +20.6%
STWD Starwood Property Trust Inc. 0.01% 8,307 $169K Add +9.4%
MAR Marriott International Class A 0.01% 642 $162K No change
AZO AutoZone Inc. 0.01% 50 $158K New
CNC Centene Corp. 0.01% 2,001 $157K No change
VRTX Vertex Pharmaceuticals Inc. 0.01% 371 $155K No change
NREF Nexpoint Real Estate Finance 0.01% 10,738 $154K No change
TSM Taiwan Semiconductor-SP ADR 0.01% 1,112 $151K New
ABNB Airbnb Inc. Class A 0.01% 917 $151K New
CMI Cummins Inc. 0.01% 510 $150K New
BDX Becton Dickinson and Co. 0.01% 604 $149K Reduce -9.4%
PYPL PayPal Holdings Inc. 0.01% 2,200 $147K New
DPZ Domino's Pizza Inc. 0.01% 296 $147K Reduce -62.9%
CL Colgate-Palmolive Co. 0.01% 1,626 $146K Add +37.9%
CB Chubb Ltd. 0.01% 552 $143K Add +70.9%
CARR Carrier Global Corp. 0.01% 2,375 $138K Reduce -6.9%
NVG Nuveen Amt-FR Muni CRDT 0.01% 11,160 $136K No change
ITW Illinois Tool Works 0.01% 494 $133K Add +167.0%
PFN PIMCO Income Strategy FD II 0.01% 17,557 $131K Reduce -10.4%
MSI Motorola Solutions Inc. 0.01% 354 $126K Add +37.7%
SPG Simon Property Group Inc. 0.01% 803 $126K No change
PPG PPG Industries Inc. 0.00% 831 $120K Add +3.1%
TFC Truist Financial Corp. 0.00% 3,019 $118K Reduce -36.6%
MCO Moody's Corp. 0.00% 292 $115K Reduce -7.9%
TRV The Travelers Cos Inc. 0.00% 498 $115K Reduce -0.2%
JOBY Joby Aviation Inc. 0.00% 21,000 $113K No change
DUK Duke Energy Corp. 0.00% 1,158 $112K Reduce -35.2%
ORLY O'reilly Automotive Inc. 0.00% 99 $112K Add +2.1%
MLM Martin Marietta Materials 0.00% 182 $112K No change
D Dominion Energy Inc. 0.00% 2,218 $109K Reduce -3.4%
HUBB Hubbell Inc. 0.00% 260 $108K No change
NMZ Nuveen Muni Hi Inc. Opport 0.00% 10,000 $106K No change
VCV Invesco Ca Val Muni Inc. TR 0.00% 10,446 $104K No change
JCI Johnson Controls Internation 0.00% 1,574 $103K Reduce -20.7%
GPC Genuine Parts Co. 0.00% 663 $103K Reduce -26.4%
MNST Monster Beverage Corp. 0.00% 1,670 $99K No change
LUMINAR TECHNOLOGIES INC 0.00% 50,000 $99K Reduce -50.0%
SAP Sap SE-Sponsored ADR 0.00% 490 $96K New
ADM Archer-Daniels-Midland Co. 0.00% 1,495 $94K New
CMG Chipotle Mexican Grill Inc. 0.00% 31 $90K No change
XYL Xylem Inc. 0.00% 674 $87K New
CRWD CrowdStrike Holdings Inc. Class A 0.00% 265 $85K Add +22.7%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.00% 1,056 $84K No change
RDI Reading International Inc. Class A 0.00% 45,696 $84K No change
KLAC KLA Corp. 0.00% 120 $84K Reduce -4.0%
USB US Bancorp 0.00% 1,840 $82K Add +5.8%
TMUS T-Mobile US Inc. 0.00% 501 $82K No change
SHOP Shopify Inc. Class A 0.00% 1,028 $79K Reduce -4.6%
FDX FedEx Corp. 0.00% 261 $76K Reduce -34.4%
PANW Palo Alto Networks Inc. 0.00% 259 $74K Add +37.8%
MET Metlife Inc. 0.00% 970 $72K New
CI The Cigna Group 0.00% 197 $72K Reduce -7.9%
MMM 3M Co. 0.00% 630 $67K Reduce -66.6%
SO The Southern Co. 0.00% 922 $66K New
CTSH Cognizant Tech Solutions-A 0.00% 850 $62K No change
XJQCX Nuveen Credit Strategies Inc. 0.00% 11,000 $61K No change
PAYX Paychex Inc. 0.00% 496 $61K Reduce -23.6%
KMI Kinder Morgan Inc. 0.00% 3,195 $59K Reduce -35.9%
ULTA Ulta Beauty Inc. 0.00% 111 $58K Reduce -46.1%
ROP Roper Technologies Inc. 0.00% 100 $56K No change
SWKS Skyworks Solutions Inc. 0.00% 510 $55K Reduce -24.9%
CCI Crown Castle Inc. 0.00% 511 $54K Reduce -29.3%
PGR Progressive Corp. 0.00% 250 $52K Add +17.9%
MTTR Matterport Inc. 0.00% 20,876 $47K No change
MU Micron Technology Inc. 0.00% 397 $47K No change
ODFL Old Dominion Freight Line 0.00% 208 $46K Add +3.0%
IQ Iqiyi Inc.-ADR 0.00% 10,000 $42K No change
CAH Cardinal Health Inc. 0.00% 378 $42K New
VLO Valero Energy Corp. 0.00% 216 $37K New
ADSK Autodesk Inc. 0.00% 123 $32K No change
TECH Bio-Techne Corp. 0.00% 441 $31K No change
CLX Clorox Company 0.00% 200 $31K New
BEAT Heartbeam Inc. 0.00% 13,100 $29K Add +31.0%
EA Electronic Arts Inc. 0.00% 208 $28K No change
AMP Ameriprise Financial Inc. 0.00% 60 $26K No change
BSX Boston Scientific Corp. 0.00% 363 $25K New
PTC PTC Inc. 0.00% 124 $23K New
EQIX Equinix Inc. 0.00% 26 $21K Add +18.2%
MRSH Marsh & McLennan Cos 0.00% 99 $20K No change
ANET Arista Networks Inc. 0.00% 62 $18K New
CCO Clear Channel Outdoor Holdin 0.00% 10,000 $17K New
SONIM TECHNOLOGIES INC 0.00% 24,616 $15K No change
L Loews Corp. 0.00% 153 $12K New
AERWINS TECHNOLOGIES INC 0.00% 150,000 $10K No change
PXD Pioneer Natural Resources Co. 0.00% 29 $8K New
CDNS Cadence Design SYS Inc. 0.00% 23 $7K New
GIS General Mills Inc. 0.00% 100 $7K Reduce -90.2%
NTAP Netapp Inc. 0.00% 41 $4K New
NXPI NXP Semiconductors NV 0.00% 12 $3K New
FANG Diamondback Energy Inc. 0.00% 12 $2K New
MPC Marathon Petroleum Corp. 0.00% 8 $2K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 1,343$1.6MReduce -33.7%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 661$789KReduce -1.2%

Total filed on the 13F, all lines: $2.5B.

Portfolio Sells Q4 2023 → Q1 2024
KR Kroger Co. Reduce -98.0% 0.01% −0.57
MSFT Microsoft Corp. Reduce -1.2% 17.97% −0.55
PM Philip Morris International Reduce -23.0% 0.90% −0.47
UPS United Parcel Service Class B Reduce -0.9% 2.15% −0.47
GOOG Alphabet Inc. Class C Reduce -3.8% 3.73% −0.36
CME Cme Group Inc. Reduce -28.8% 0.50% −0.28
UNH Unitedhealth Group Inc. Reduce -2.1% 1.00% −0.24
SCHW Schwab (charles) Corp. Reduce -13.9% 0.89% −0.23
DEO Diageo PLC-Sponsored ADR Reduce -68.8% 0.09% −0.23
LH Laboratory CRP of Amer Hldgs Reduce -24.8% 0.39% −0.22
DHR Danaher Corp. Reduce -25.6% 0.46% −0.20
CSCO Cisco Systems Inc. Reduce -18.8% 0.41% −0.17
ACN Accenture PLC Class A Reduce -5.9% 0.64% −0.14
PG The Procter & Gamble Co. Reduce -62.0% 0.07% −0.12
SHY iShares 1-3 Year Treasury Bo Reduce -66.9% 0.05% −0.12
CVX Chevron Corp. Reduce -7.4% 0.69% −0.11
JMST JPM Ultra-Short Muni Income Reduce -47.7% 0.09% −0.11
BN Brookfield Corp. Reduce -8.4% 0.47% −0.09
CP Canadian Pacific Kansas City Reduce -7.7% 0.83% −0.09
MA Mastercard Inc. Class A Reduce -6.3% 1.03% −0.08
ACI Albertsons Cos Inc. Class A Sold out 0.00% −0.08
VOO Vanguard S&P 500 ETF Reduce -15.6% 0.32% −0.07
EQC Equity Commonwealth Sold out 0.00% −0.07
ITOT iShares Core S&P Total U.S. Reduce -7.0% 0.56% −0.07
LOW Lowe's Cos Inc. Reduce -8.2% 0.77% −0.06
GILD Gilead Sciences Inc. Reduce -31.3% 0.07% −0.06
RTO Rentokil Initial PLC-SP ADR Reduce -41.2% 0.07% −0.06
TXN Texas Instruments Inc. Reduce -0.0% 0.47% −0.05
SHYD Vaneck SH Hi YLD Muni Reduce -21.1% 0.12% −0.05
TSLA Tesla Inc. Reduce -19.6% 0.05% −0.05
LIN Linde PLC Reduce -9.3% 0.47% −0.05
COR Cencora Inc. Reduce -8.9% 0.88% −0.05
RRC Range Resources Corp. Sold out 0.00% −0.05
DIAL Columbia Divers Fix Inc. ETF Reduce -48.4% 0.04% −0.05
IAU iShares Gold Trust Reduce -2.9% 0.52% −0.05
QCOM Qualcomm Inc. Reduce -8.1% 0.81% −0.05
O Realty Income Corp. Reduce -4.4% 0.17% −0.05
SU Suncor Energy Inc. Reduce -5.3% 0.89% −0.04
FCNCA First Citizens Bcshs Class A Sold out 0.00% −0.04
NEE Nextera Energy Inc. Reduce -3.5% 0.31% −0.04
PECO Phillips Edison & Company Inc. Reduce -11.5% 0.11% −0.03
V Visa Inc. Class A Reduce -8.5% 0.21% −0.03
VRIG Invesco Variable Rate Invest Sold out 0.00% −0.03
REM iShares Mortgage Real Estate Reduce -29.8% 0.05% −0.03
APH Amphenol Corp. Class A Reduce -6.2% 0.70% −0.03
GOOGL Alphabet Inc. Class A Reduce -3.9% 0.29% −0.03
BE Bloom Energy Corp. Class A Reduce -7.6% 0.04% −0.03
BA The Boeing Co. Reduce -3.1% 0.04% −0.02
SII Sprott Inc. Sold out 0.00% −0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Sold out 0.00% −0.02

Portfolio Buys Q4 2023 → Q1 2024
JEPI JPMorgan Equity Premium Inco Add +91.9% 2.79% +1.21
MOAT Vaneck Morningstar Wide Moat Add +57.8% 3.67% +1.17
IVV iShares Core S&P 500 ETF Add +19.7% 4.51% +0.61
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +103.7% 1.10% +0.47
PRFZ Inv Rafi US 1500 SM-Usd Inc. Add +53.1% 1.33% +0.38
IWF iShares Russell 1000 Growth Add +143.4% 0.66% +0.38
XCEM Columbia Em Core Ex-China Add +456.4% 0.43% +0.34
PWZ Invesco California Amt-Free Add +38.8% 1.68% +0.29
XOM Exxon Mobil Corp. Add +338.6% 0.38% +0.29
NVDA Nvidia Corp. Add +5.7% 0.68% +0.28
AGG iShares Core U.S. Aggregate Add +54.7% 0.85% +0.22
DJP Ipath Bloomberg Commodity Inc. New 0.19% +0.19
CMF iShares California Muni Bond Add +34.3% 1.28% +0.19
PZA Invesco National Amt-Free Mu Add +117.9% 0.31% +0.15
AGGY Wisdomtree Yield Enhanced US Add +41.7% 0.69% +0.13
GSLC Goldman Activebeta US LC ETF Add +8.8% 2.03% +0.11
AZN Astrazeneca PLC-Spons ADR Add +34.1% 0.61% +0.09
IEFA iShares Core MSCI Eafe ETF Add +12.4% 2.25% +0.09
META Meta Platforms Inc. Class A Add +2.4% 0.39% +0.07
GSIE Goldman Sachs Activebeta Int Add +13.7% 1.50% +0.07
AAPL Apple Inc. Add +31.4% 2.39% +0.06
IEF iShares 7-10 Year Treasury B Add +31.5% 0.53% +0.06
TPL Texas Pacific Land Corp. Add +55.3% 0.15% +0.05
JYNT The Joint Corp. Add +18.8% 0.11% +0.03
JPST JPMorgan Ultra-Short Income Add +94.4% 0.08% +0.03
MUB iShares National Muni Bond E Add +60.0% 0.10% +0.03
ASML ASML Holding NV-NY Reg SHS Add +11.1% 0.13% +0.03
NOC Northrop Grumman Corp. Add +102.2% 0.06% +0.03
BAX Baxter International Inc. New 0.02% +0.02
FTNT Fortinet Inc. Add +18.9% 0.12% +0.02
AVGO Broadcom Inc. Add +1.1% 0.36% +0.02
VEEV Veeva Systems Inc. Class A Add +7.8% 0.13% +0.02
RSPG Invesco S&P 500 Equal Weight New 0.02% +0.02
MCD McDonald's Corp. Add +50.8% 0.07% +0.02
COST Costco Wholesale Corp. Add +5.3% 0.46% +0.01
APPF Appfolio Inc. Class A New 0.01% +0.01
JPRE JPMorgan Realty Income ETF New 0.01% +0.01
SUSA iShares ESG Optimized MSCI U Add +38.8% 0.04% +0.01
IWP iShares Russell Mid-Cap Grow Add +19.6% 0.07% +0.01
DFAS Dimensional US Small Cap ETF New 0.01% +0.01
FDVV Fidelity High Dividend ETF New 0.01% +0.01
IVW iShares S&P 500 Growth ETF Add +22.9% 0.05% +0.01
EFV iShares MSCI Eafe Value ETF Add +38.5% 0.04% +0.01
MRK Merck & Co. Inc. Add +4.2% 0.08% +0.01
NSIT Insight Enterprises Inc. New 0.01% +0.01
ABBV Abbvie Inc. Add +8.3% 0.07% +0.01
CAT Caterpillar Inc. Add +4.8% 0.06% +0.01
IVE iShares S&P 500 Value ETF Add +41.5% 0.03% +0.01
SYK Stryker Corp. Add +49.5% 0.02% +0.01
AZO AutoZone Inc. New 0.01% +0.01

Notes & Other Activity Q4 2023 → Q1 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -33.7% 1,343 $1.6M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -1.2% 661 $789K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 351$2.8BMSFT, IVV, GOOG, IEFA, AMD
Q1 2026 332$2.5BMSFT, IVV, GOOG, IEFA, JEPI
Q4 2025 335$2.7BMSFT, IVV, GOOG, IEFA, JEPI
Q3 2025 332$2.7BMSFT, IVV, GOOG, IEFA, JEPI
Q2 2025 327$2.7BMSFT, IVV, GOOG, IEFA, MOAT
Q1 2025 329$2.5BMSFT, IVV, MOAT, JEPI, GOOG
Q4 2024 339$2.7BMSFT, IVV, GOOG, MOAT, JEPI
Q3 2024 353$2.7BMSFT, IVV, MOAT, GOOG, JEPI
Q2 2024 429$2.6BMSFT, IVV, GOOG, MOAT, JEPI
Q1 2024 431$2.5BMSFT, IVV, GOOG, MOAT, JEPI