Frank, Rimerman Advisors LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Frank, Rimerman Advisors LLC reported 538 stock positions worth $1.4 billion. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 6.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.3%) and Apple (AAPL, 5.2%). Compared with Q1 2024, it opened 209 new positions, sold out of 8, added to 264 and reduced 22. The biggest buy was Microsoft (MSFT, shares +622%) and the biggest sale Invesco Nasdaq 100 ETF (QQQM, shares −0%).

Most Recent 13F
Q2 2026
Location
Palo Alto, CA
CIK
0001977560
Portfolio Value
$1.4B (Q2 2024)
SEC Filing
0001172661-24-003324 ↗ filed Aug 13, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $519.5M Q1 2024 Q2 2024: $1.4B $1.4B Q2 2024 Q3 2024: $1.4B Q3 2024 Q4 2024: $1.4B Q4 2024 Q1 2025: $1.3B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $1.8B Q2 2026

Holdings 538 stocks · $1.4B
QQQM Invesco Nasdaq 100 ETF 6.17% 442,171 $87.2M Reduce -0.1%
QQQ Invesco QQQ Trust Series 1 5.30% 156,324 $74.9M Reduce -0.1%
AAPL Apple Inc. 5.25% 352,061 $74.2M Add +363.0%
NVDA Nvidia Corp. 5.07% 580,260 $71.7M Add +232.9%
MSFT Microsoft Corp. 4.50% 142,220 $63.6M Add +622.1%
IVE iShares S&P 500 Value ETF 3.48% 269,955 $49.1M No change
GOOGL Alphabet Inc. Class A 3.41% 264,492 $48.2M Add +142.4%
SPY SS SPDR S&P 500 ETF Trust-US 3.02% 78,463 $42.7M Reduce -2.4%
NFLX Netflix Inc. 2.77% 57,999 $39.1M Add +9.1%
AMZN Amazon.com Inc. 2.30% 168,004 $32.5M Add +1692.8%
GOOG Alphabet Inc. Class C 1.99% 153,311 $28.1M Add +8.5%
VTI VG Morningstar TS MKT ETF-US 1.95% 103,208 $27.6M Add +17.1%
META Meta Platforms Inc. Class A 1.73% 48,464 $24.4M Add +692.3%
DUOL Duolingo 1.47% 99,828 $20.8M New
AVGO Broadcom Inc. 1.11% 9,750 $15.7M Add +1103.7%
TSM Taiwan Semiconductor-SP ADR 1.11% 90,006 $15.6M Add +3168.2%
LLY Eli Lilly & Co. 0.88% 13,754 $12.5M Add +21390.6%
JPM JPMorgan Chase & Co. 0.79% 55,515 $11.2M Add +743.0%
RACE Ferrari NV 0.74% 25,535 $10.4M New
RSP Invesco S&P 500 Equal Weight 0.68% 58,454 $9.6M Add +0.0%
VEA Vanguard Ftse Developed ETF 0.61% 173,138 $8.6M Add +11.0%
COST Costco Wholesale Corp. 0.58% 9,575 $8.1M Add +23837.5%
BRK.B Berkshire Hathaway Inc. Class B 0.56% 19,549 $8.0M Add +6641.0%
UNH Unitedhealth Group Inc. 0.53% 14,749 $7.5M Add +61354.2%
PRCT Procept Biorobotics Corp. 0.53% 122,082 $7.5M Reduce -36.4%
V Visa Inc. Class A 0.52% 28,183 $7.4M Add +21918.0%
XOM Exxon Mobil Corp. 0.47% 57,932 $6.7M Add +36565.8%
TSLA Tesla Inc. 0.44% 31,427 $6.2M Add +1125.7%
NVO Novo-Nordisk A/S-Spons ADR 0.43% 43,015 $6.1M Add +14835.8%
AMD Advanced Micro Devices 0.42% 36,589 $5.9M Add +2179.7%
VWO Vanguard Ftse Emerging Marke 0.41% 132,156 $5.8M No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.40% 14,513 $5.7M Reduce -0.5%
IWC iShares Micro-Cap ETF 0.40% 49,189 $5.6M Add +0.1%
ADBE Adobe Inc. 0.38% 9,697 $5.4M Add +1079.7%
AMAT Applied Materials Inc. 0.36% 21,462 $5.1M Add +26396.3%
PG The Procter & Gamble Co. 0.35% 30,336 $5.0M Add +25828.2%
ACWI iShares MSCI Acwi ETF 0.35% 44,400 $5.0M No change
TECK Teck Resources Ltd.-CLS B 0.35% 104,149 $5.0M New
MA Mastercard Inc. Class A 0.34% 11,010 $4.9M Add +12555.2%
ORCL Oracle Corp. 0.34% 33,995 $4.8M Add +12041.1%
JNJ Johnson & Johnson 0.33% 31,541 $4.6M Add +1811.6%
HD Home Depot Inc. 0.32% 13,004 $4.5M Add +16788.3%
ABBV Abbvie Inc. 0.32% 26,055 $4.5M Add +72275.0%
QCOM Qualcomm Inc. 0.31% 21,923 $4.4M Add +4438.9%
WMT Walmart Inc. 0.31% 64,123 $4.3M Add +6862.3%
AMGN Amgen Inc. 0.30% 13,547 $4.2M Add +6476.2%
TDG Transdigm Group Inc. 0.30% 3,291 $4.2M Add +109600.0%
ISRG Intuitive Surgical Inc. 0.29% 9,250 $4.1M Add +137.7%
DHR Danaher Corp. 0.29% 16,457 $4.1M Add +638.3%
CVX Chevron Corp. 0.29% 26,126 $4.1M Add +13095.0%
CRM Salesforce Inc. 0.29% 15,894 $4.1M Add +1000.7%
S Sentinelone Inc. Class A 0.29% 191,760 $4.0M Add +1.3%
CME Cme Group Inc. 0.28% 20,149 $4.0M Add +143821.4%
MRK Merck & Co. Inc. 0.28% 31,879 $3.9M Add +7418.6%
INTU Intuit Inc. 0.28% 5,997 $3.9M Add +42735.7%
TXN Texas Instruments Inc. 0.28% 20,151 $3.9M Add +22541.6%
MO Altria Group Inc. 0.27% 85,122 $3.9M Add +607914.3%
VZ Verizon Communications Inc. 0.27% 93,990 $3.9M Add +16246.1%
ANGL Vaneck Fallen Angel High YLD 0.27% 136,249 $3.9M Reduce -0.9%
CAT Caterpillar Inc. 0.27% 11,463 $3.8M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.27% 22,074 $3.8M Add +5244.8%
ASML ASML Holding NV-NY Reg SHS 0.26% 3,652 $3.7M Add +203.1%
CMCSA Comcast Corp. Class A 0.26% 95,169 $3.7M Add +45218.6%
VFH Vanguard Financials ETF 0.26% 37,214 $3.7M No change
UNP Union Pacific Corp. 0.26% 16,057 $3.6M Add +53423.3%
GE General Electric filed as GE AEROSPACE 0.25% 22,561 $3.6M Add +75103.3%
MU Micron Technology Inc. 0.25% 27,180 $3.6M Add +22933.9%
CRWD CrowdStrike Holdings Inc. Class A 0.24% 8,827 $3.4M Add +25.6%
NOW ServiceNow Inc. 0.24% 4,249 $3.3M New
BND Vanguard Total Bond Market 0.23% 45,326 $3.3M No change
SHEL Shell PLC-ADR 0.23% 45,118 $3.3M New
ACN Accenture PLC Class A 0.22% 10,363 $3.1M Add +16888.5%
LRCX Lam Research Corp. 0.22% 2,912 $3.1M Add +36300.0%
IVV iShares Core S&P 500 ETF 0.22% 5,609 $3.1M Reduce -1.4%
PM Philip Morris International 0.22% 30,184 $3.1M Add +125666.7%
ETN Eaton Corp. PLC 0.22% 9,720 $3.0M Add +46185.7%
CSCO Cisco Systems Inc. 0.22% 64,064 $3.0M Add +7246.8%
SMCI Super Micro Computer Inc. 0.22% 3,710 $3.0M Add +119.1%
MS Morgan Stanley 0.21% 31,208 $3.0M Add +34194.5%
NRG NRG Energy Inc. 0.21% 38,811 $3.0M New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.21% 28,196 $3.0M Reduce -0.7%
IWF iShares Russell 1000 Growth 0.21% 8,111 $3.0M No change
VB Vanguard Most SM-Cap ETF-Usd 0.21% 13,477 $2.9M Reduce -1.7%
IYJ iShares U.S. Industrials ETF 0.21% 24,468 $2.9M No change
T AT&T Inc. 0.21% 152,220 $2.9M Add +9940.9%
PFE Pfizer Inc. 0.20% 101,887 $2.9M Add +32348.1%
MCD McDonald's Corp. 0.20% 11,117 $2.8M Add +35761.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.19% 67,624 $2.7M Add +5121.9%
RDY Dr. Reddy's Laboratories-ADR 0.19% 34,557 $2.6M New
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.18% 59,549 $2.6M New
AXP American Express Co. 0.18% 11,053 $2.6M Add +28986.8%
TMO Thermo Fisher Scientific Inc. 0.18% 4,598 $2.5M Add +19058.3%
SONY Sony Group Corp. - SP ADR 0.18% 29,834 $2.5M New
IBN Icici Bank Ltd.-Spon ADR 0.18% 86,915 $2.5M New
PCAR Paccar Inc. 0.18% 24,290 $2.5M Add +25.3%
VRTX Vertex Pharmaceuticals Inc. 0.18% 5,309 $2.5M Add +44141.7%
AER Aercap Holdings NV 0.18% 26,596 $2.5M New
ES Eversource Energy 0.17% 43,267 $2.5M New
UPS United Parcel Service Class B 0.17% 17,853 $2.4M Add +6819.8%
SAP Sap SE-Sponsored ADR 0.17% 12,099 $2.4M New

Show all 538 holdings

Portfolio Sells Q1 2024 → Q2 2024
QQQM Invesco Nasdaq 100 ETF Reduce -0.1% 6.17% −9.39
QQQ Invesco QQQ Trust Series 1 Reduce -0.1% 5.30% −8.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.4% 3.02% −5.07
PRCT Procept Biorobotics Corp. Reduce -36.4% 0.53% −1.30
DIA SS SPDR Dow Jones Indus Avg Reduce -0.5% 0.40% −0.72
ANGL Vaneck Fallen Angel High YLD Reduce -0.9% 0.27% −0.49
VB Vanguard Most SM-Cap ETF-Usd Reduce -1.7% 0.21% −0.40
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -0.7% 0.21% −0.38
IVV iShares Core S&P 500 ETF Reduce -1.4% 0.22% −0.36
VNQ Vanguard Real Estate ETF Reduce -0.1% 0.16% −0.30
VXUS Vanguard Total Intl Stock Reduce 0.0% 0.16% −0.28
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.3% 0.15% −0.28
SUB iShares Short-Term National Reduce -86.0% 0.01% −0.28
ICF iShares Select U.S. REIT ETF Reduce -0.1% 0.14% −0.24
EFA iShares MSCI Eafe ETF Reduce -2.5% 0.11% −0.20
VCSH Vanguard S/T Corp. Bond ETF Reduce -0.2% 0.07% −0.12
VTEB Vanguard Tax-Exempt Bond ETF Reduce -0.0% 0.06% −0.11
RUN Sunrun Inc. Reduce -26.3% 0.01% −0.05
IJR iShares Core S&P Small-Cap E Reduce -0.0% 0.02% −0.04
EWT iShares MSCI Taiwan ETF Reduce -23.1% 0.02% −0.04
BNDX Vanguard Total Intl Bond ETF Reduce -0.0% 0.02% −0.04
DFAS Dimensional US Small Cap ETF Reduce -0.0% 0.02% −0.04
HAPN Happen Inc. Sold out 0.00% −0.03
WY Weyerhaeuser Co. Sold out 0.00% −0.01
DXCM Dexcom Inc. Sold out 0.00% −0.00
MAS Masco Corp. Sold out 0.00% −0.00
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.00
ULTA Ulta Beauty Inc. Sold out 0.00% −0.00
ALGN Align Technology Inc. Sold out 0.00% −0.00
SJM The JM Smucker Co. Sold out 0.00% −0.00

Portfolio Buys Q1 2024 → Q2 2024
MSFT Microsoft Corp. Add +622.1% 4.50% +2.90
AAPL Apple Inc. Add +363.0% 5.25% +2.74
NVDA Nvidia Corp. Add +232.9% 5.07% +2.04
AMZN Amazon.com Inc. Add +1692.8% 2.30% +1.97
DUOL Duolingo New 1.47% +1.47
META Meta Platforms Inc. Class A Add +692.3% 1.73% +1.16
TSM Taiwan Semiconductor-SP ADR Add +3168.2% 1.11% +1.04
AVGO Broadcom Inc. Add +1103.7% 1.11% +0.90
LLY Eli Lilly & Co. Add +21390.6% 0.88% +0.87
RACE Ferrari NV New 0.74% +0.74
COST Costco Wholesale Corp. Add +23837.5% 0.58% +0.57
JPM JPMorgan Chase & Co. Add +743.0% 0.79% +0.54
BRK.B Berkshire Hathaway Inc. Class B Add +6641.0% 0.56% +0.54
UNH Unitedhealth Group Inc. Add +61354.2% 0.53% +0.53
V Visa Inc. Class A Add +21918.0% 0.52% +0.52
XOM Exxon Mobil Corp. Add +36565.8% 0.47% +0.47
NVO Novo-Nordisk A/S-Spons ADR Add +14835.8% 0.43% +0.43
AMD Advanced Micro Devices Add +2179.7% 0.42% +0.36
AMAT Applied Materials Inc. Add +26396.3% 0.36% +0.36
TSLA Tesla Inc. Add +1125.7% 0.44% +0.35
TECK Teck Resources Ltd.-CLS B New 0.35% +0.35
PG The Procter & Gamble Co. Add +25828.2% 0.35% +0.35
MA Mastercard Inc. Class A Add +12555.2% 0.34% +0.34
ORCL Oracle Corp. Add +12041.1% 0.34% +0.33
ABBV Abbvie Inc. Add +72275.0% 0.32% +0.32
HD Home Depot Inc. Add +16788.3% 0.32% +0.31
ADBE Adobe Inc. Add +1079.7% 0.38% +0.30
TDG Transdigm Group Inc. Add +109600.0% 0.30% +0.30
WMT Walmart Inc. Add +6862.3% 0.31% +0.30
QCOM Qualcomm Inc. Add +4438.9% 0.31% +0.29
AMGN Amgen Inc. Add +6476.2% 0.30% +0.29
CVX Chevron Corp. Add +13095.0% 0.29% +0.28
CME Cme Group Inc. Add +143821.4% 0.28% +0.28
INTU Intuit Inc. Add +42735.7% 0.28% +0.28
JNJ Johnson & Johnson Add +1811.6% 0.33% +0.28
TXN Texas Instruments Inc. Add +22541.6% 0.28% +0.27
MO Altria Group Inc. Add +607914.3% 0.27% +0.27
CAT Caterpillar Inc. New 0.27% +0.27
VZ Verizon Communications Inc. Add +16246.1% 0.27% +0.27
MRK Merck & Co. Inc. Add +7418.6% 0.28% +0.27
CMCSA Comcast Corp. Class A Add +45218.6% 0.26% +0.26
UNP Union Pacific Corp. Add +53423.3% 0.26% +0.26
IBM Intl Business Machines Corp. Add +5244.8% 0.27% +0.26
GE General Electric Add +75103.3% 0.25% +0.25
MU Micron Technology Inc. Add +22933.9% 0.25% +0.25
GOOGL Alphabet Inc. Class A Add +142.4% 3.41% +0.24
NOW ServiceNow Inc. New 0.24% +0.24
SHEL Shell PLC-ADR New 0.23% +0.23
ACN Accenture PLC Class A Add +16888.5% 0.22% +0.22
LRCX Lam Research Corp. Add +36300.0% 0.22% +0.22

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 612$1.8BNVDA, QQQ, GOOGL, AAPL, SPY
Q1 2026 590$1.5BNVDA, QQQ, GOOGL, AAPL, NFLX
Q4 2025 600$1.6BNVDA, QQQ, GOOGL, AAPL, MSFT
Q3 2025 593$1.6BNVDA, QQQ, NFLX, AAPL, QQQM
Q2 2025 561$1.5BQQQM, NVDA, QQQ, NFLX, MSFT
Q1 2025 512$1.3BQQQM, QQQ, AAPL, NFLX, NVDA
Q4 2024 518$1.4BQQQM, QQQ, AAPL, NVDA, NFLX
Q3 2024 527$1.4BQQQM, QQQ, AAPL, NVDA, MSFT
Q2 2024 538$1.4BQQQM, QQQ, AAPL, NVDA, MSFT
Q1 2024 336$519.5MQQQM, QQQ, IVE, SPY, NFLX