Frank, Rimerman Advisors LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 24, 2024), Frank, Rimerman Advisors LLC reported 527 stock positions worth $1.4 billion. Its top holding was Invesco Nasdaq 100 ETF (QQQM) at 6.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.4%) and Apple (AAPL, 5.4%). Compared with Q2 2024, it opened 35 new positions, sold out of 46, added to 189 and reduced 219. The biggest buy was Duolingo (DUOL, shares +0%) and the biggest sale Nvidia (NVDA, shares −15%).
- Most Recent 13F
- Q2 2026
- Location
- Palo Alto, CA
- CIK
- 0001977560
- Portfolio Value
- $1.4B (Q3 2024)
- SEC Filing
- 0001172661-24-004348 ↗ filed Oct 24, 2024
Holdings Value
Holdings 527 stocks · $1.4B
| QQQM Invesco Nasdaq 100 ETF | 6.31% | 442,632 | $88.9M | Add +0.1% |
| QQQ Invesco QQQ Trust Series 1 | 5.40% | 155,849 | $76.1M | Reduce -0.3% |
| AAPL Apple Inc. | 5.38% | 325,533 | $75.8M | Reduce -7.5% |
| NVDA Nvidia Corp. | 4.27% | 496,030 | $60.2M | Reduce -14.5% |
| MSFT Microsoft Corp. | 4.08% | 133,710 | $57.5M | Reduce -6.0% |
| IVE iShares S&P 500 Value ETF | 3.78% | 269,955 | $53.2M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.19% | 78,375 | $45.0M | Reduce -0.1% |
| NFLX Netflix Inc. | 2.93% | 58,233 | $41.3M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 2.90% | 246,916 | $41.0M | Reduce -6.7% |
| VTI VG Morningstar TS MKT ETF-US | 2.06% | 102,527 | $29.0M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 2.05% | 155,213 | $28.9M | Reduce -7.6% |
| DUOL Duolingo | 2.00% | 99,856 | $28.2M | Add +0.0% |
| META Meta Platforms Inc. Class A | 1.88% | 46,249 | $26.5M | Reduce -4.6% |
| GOOG Alphabet Inc. Class C | 1.79% | 150,811 | $25.2M | Reduce -1.6% |
| TSM Taiwan Semiconductor-SP ADR | 1.04% | 84,249 | $14.6M | Reduce -6.4% |
| AVGO Broadcom Inc. | 0.98% | 80,501 | $13.9M | Reduce -17.4% |
| LLY Eli Lilly & Co. | 0.91% | 14,449 | $12.8M | Add +5.0% |
| JPM JPMorgan Chase & Co. | 0.83% | 55,707 | $11.7M | Add +0.3% |
| RSP Invesco S&P 500 Equal Weight | 0.75% | 59,236 | $10.6M | Add +1.3% |
| RACE Ferrari NV | 0.71% | 21,326 | $10.0M | Reduce -16.5% |
| PRCT Procept Biorobotics Corp. | 0.69% | 122,104 | $9.8M | Add +0.0% |
| UNH Unitedhealth Group Inc. | 0.67% | 16,104 | $9.4M | Add +9.2% |
| COST Costco Wholesale Corp. | 0.65% | 10,396 | $9.2M | Add +8.6% |
| VEA Vanguard Ftse Developed ETF | 0.64% | 170,148 | $9.0M | Reduce -1.7% |
| TSLA Tesla Inc. | 0.63% | 34,129 | $8.9M | Add +8.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 15,985 | $7.4M | Reduce -18.2% |
| IWC iShares Micro-Cap ETF | 0.48% | 55,064 | $6.8M | Add +11.9% |
| XOM Exxon Mobil Corp. | 0.47% | 56,877 | $6.7M | Reduce -1.8% |
| MA Mastercard Inc. Class A | 0.46% | 13,034 | $6.4M | Add +18.4% |
| VWO Vanguard Ftse Emerging Marke | 0.45% | 132,156 | $6.3M | No change |
| S Sentinelone Inc. Class A | 0.45% | 262,968 | $6.3M | Add +37.1% |
| V Visa Inc. Class A | 0.44% | 22,514 | $6.2M | Reduce -20.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.43% | 14,455 | $6.1M | Reduce -0.4% |
| JNJ Johnson & Johnson | 0.41% | 35,842 | $5.8M | Add +13.6% |
| HD Home Depot Inc. | 0.39% | 13,694 | $5.5M | Add +5.3% |
| AMD Advanced Micro Devices | 0.39% | 33,476 | $5.5M | Reduce -8.5% |
| TECK Teck Resources Ltd.-CLS B | 0.39% | 105,040 | $5.5M | Add +0.9% |
| ISRG Intuitive Surgical Inc. | 0.38% | 10,830 | $5.3M | Add +17.1% |
| ACWI iShares MSCI Acwi ETF | 0.37% | 44,210 | $5.3M | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.37% | 26,737 | $5.3M | Add +2.6% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.36% | 43,058 | $5.1M | Add +0.1% |
| ACN Accenture PLC Class A | 0.34% | 13,492 | $4.8M | Add +30.2% |
| DHR Danaher Corp. | 0.34% | 17,048 | $4.7M | Add +3.6% |
| TDG Transdigm Group Inc. | 0.33% | 3,284 | $4.7M | Reduce -0.2% |
| CRM Salesforce Inc. | 0.33% | 16,803 | $4.6M | Add +5.7% |
| WMT Walmart Inc. | 0.33% | 56,755 | $4.6M | Reduce -11.5% |
| CAT Caterpillar Inc. | 0.32% | 11,483 | $4.5M | Add +0.2% |
| PG The Procter & Gamble Co. | 0.32% | 25,716 | $4.5M | Reduce -15.2% |
| AMGN Amgen Inc. | 0.31% | 13,645 | $4.4M | Add +0.7% |
| TXN Texas Instruments Inc. | 0.31% | 21,042 | $4.3M | Add +4.4% |
| ORCL Oracle Corp. | 0.30% | 25,168 | $4.3M | Reduce -26.0% |
| VZ Verizon Communications Inc. | 0.30% | 93,483 | $4.2M | Reduce -0.5% |
| VFH Vanguard Financials ETF | 0.29% | 37,400 | $4.1M | Add +0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 18,526 | $4.1M | Reduce -16.1% |
| ANGL Vaneck Fallen Angel High YLD | 0.28% | 136,249 | $4.0M | No change |
| MS Morgan Stanley | 0.28% | 37,785 | $3.9M | Add +21.1% |
| CSCO Cisco Systems Inc. | 0.27% | 72,778 | $3.9M | Add +13.6% |
| AMAT Applied Materials Inc. | 0.27% | 19,153 | $3.9M | Reduce -10.8% |
| PM Philip Morris International | 0.26% | 30,656 | $3.7M | Add +1.6% |
| GE General Electric filed as GE AEROSPACE | 0.26% | 19,556 | $3.7M | Reduce -13.3% |
| PCAR Paccar Inc. | 0.26% | 36,529 | $3.6M | Add +50.4% |
| SPGI S&P Global Inc. | 0.25% | 6,916 | $3.6M | Add +31.7% |
| NRG NRG Energy Inc. | 0.25% | 38,825 | $3.5M | Add +0.0% |
| MCD McDonald's Corp. | 0.24% | 11,127 | $3.4M | Add +0.1% |
| T AT&T Inc. | 0.24% | 152,101 | $3.3M | Reduce -0.1% |
| INTU Intuit Inc. | 0.23% | 5,297 | $3.3M | Reduce -11.7% |
| CME Cme Group Inc. | 0.23% | 14,897 | $3.3M | Reduce -26.1% |
| AXP American Express Co. | 0.23% | 12,081 | $3.3M | Add +9.3% |
| IYJ iShares U.S. Industrials ETF | 0.23% | 24,468 | $3.3M | No change |
| IVV iShares Core S&P 500 ETF | 0.23% | 5,609 | $3.2M | No change |
| UNP Union Pacific Corp. | 0.23% | 13,073 | $3.2M | Reduce -18.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.23% | 13,477 | $3.2M | No change |
| ETN Eaton Corp. PLC | 0.23% | 9,634 | $3.2M | Reduce -0.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.23% | 28,196 | $3.2M | No change |
| MO Altria Group Inc. | 0.22% | 60,847 | $3.1M | Reduce -28.5% |
| IWF iShares Russell 1000 Growth | 0.22% | 8,111 | $3.0M | No change |
| NOW ServiceNow Inc. | 0.21% | 3,351 | $3.0M | Reduce -21.1% |
| ASML ASML Holding NV-NY Reg SHS | 0.21% | 3,557 | $3.0M | Reduce -2.6% |
| ADBE Adobe Inc. | 0.21% | 5,597 | $2.9M | Reduce -42.3% |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 4,681 | $2.9M | Add +1.8% |
| SONY Sony Group Corp. - SP ADR | 0.20% | 29,834 | $2.9M | No change |
| PFE Pfizer Inc. | 0.20% | 97,874 | $2.8M | Reduce -3.9% |
| SAP Sap SE-Sponsored ADR | 0.20% | 12,099 | $2.8M | No change |
| RDY Dr. Reddy's Laboratories-ADR | 0.20% | 34,673 | $2.8M | Add +0.3% |
| HCA HCA Healthcare Inc. | 0.20% | 6,765 | $2.7M | Reduce -0.1% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.19% | 60,554 | $2.7M | Add +1.7% |
| CMCSA Comcast Corp. Class A | 0.19% | 65,316 | $2.7M | Reduce -31.4% |
| BND Vanguard Total Bond Market | 0.19% | 36,263 | $2.7M | Reduce -20.0% |
| VNQ Vanguard Real Estate ETF | 0.19% | 27,714 | $2.7M | No change |
| GILD Gilead Sciences Inc. | 0.19% | 32,086 | $2.7M | Add +7.5% |
| NEE Nextera Energy Inc. | 0.19% | 31,531 | $2.7M | Add +14.8% |
| KO The Coca-Cola Co. | 0.18% | 36,246 | $2.6M | Add +1.4% |
| IBN Icici Bank Ltd.-Spon ADR | 0.18% | 86,915 | $2.6M | No change |
| CRWD CrowdStrike Holdings Inc. Class A | 0.18% | 9,183 | $2.6M | Add +4.0% |
| QCOM Qualcomm Inc. | 0.18% | 15,034 | $2.6M | Reduce -31.4% |
| IWR iShares Russell Mid-Cap ETF | 0.18% | 28,849 | $2.5M | Add +0.2% |
| AER Aercap Holdings NV | 0.18% | 26,596 | $2.5M | No change |
| SHEL Shell PLC-ADR | 0.18% | 37,978 | $2.5M | Reduce -15.8% |
| VXUS Vanguard Total Intl Stock | 0.18% | 38,533 | $2.5M | Add +0.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.18% | 62,678 | $2.5M | Reduce -7.3% |
Portfolio Sells Q2 2024 → Q3 2024
| NVDA Nvidia Corp. | Reduce -14.5% | 4.27% | −0.80 |
| GOOGL Alphabet Inc. Class A | Reduce -6.7% | 2.90% | −0.51 |
| MSFT Microsoft Corp. | Reduce -6.0% | 4.08% | −0.42 |
| AMZN Amazon.com Inc. | Reduce -7.6% | 2.05% | −0.25 |
| GOOG Alphabet Inc. Class C | Reduce -1.6% | 1.79% | −0.20 |
| ADBE Adobe Inc. | Reduce -42.3% | 0.21% | −0.18 |
| MRK Merck & Co. Inc. | Reduce -57.1% | 0.11% | −0.17 |
| CVX Chevron Corp. | Reduce -54.0% | 0.13% | −0.16 |
| ES Eversource Energy | Reduce -90.9% | 0.02% | −0.15 |
| MU Micron Technology Inc. | Reduce -44.7% | 0.11% | −0.14 |
| GIS General Mills Inc. | Reduce -85.1% | 0.03% | −0.14 |
| QCOM Qualcomm Inc. | Reduce -31.4% | 0.18% | −0.13 |
| LRCX Lam Research Corp. | Reduce -44.6% | 0.09% | −0.13 |
| AVGO Broadcom Inc. | Reduce -17.4% | 0.98% | −0.12 |
| K Kellanova | Sold out | 0.00% | −0.12 |
| PRU Prudential Financial Inc. | Reduce -89.1% | 0.02% | −0.12 |
| LYB Lyondellbasell Indu Class A | Reduce -88.1% | 0.02% | −0.12 |
| SMCI Super Micro Computer Inc. | Reduce -5.3% | 0.10% | −0.11 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.11 |
| INFY Infosys Ltd.-SP ADR | Sold out | 0.00% | −0.09 |
| CPB The Campbell's Company | Reduce -65.4% | 0.05% | −0.09 |
| KHC The Kraft Heinz Co. | Sold out | 0.00% | −0.09 |
| V Visa Inc. Class A | Reduce -20.1% | 0.44% | −0.08 |
| EVRG Evergy Inc. | Sold out | 0.00% | −0.08 |
| AMAT Applied Materials Inc. | Reduce -10.8% | 0.27% | −0.08 |
| SLF Sun Life Financial Inc. | Sold out | 0.00% | −0.08 |
| IP International Paper Co. | Reduce -82.3% | 0.02% | −0.08 |
| FTS Fortis Inc. | Sold out | 0.00% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -31.4% | 0.19% | −0.07 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -6.4% | 1.04% | −0.07 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.06 |
| BKR Baker Hughes Co. | Sold out | 0.00% | −0.06 |
| MO Altria Group Inc. | Reduce -28.5% | 0.22% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -2.6% | 0.21% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -15.8% | 0.18% | −0.05 |
| BKNG Booking Holdings Inc. | Reduce -42.8% | 0.08% | −0.05 |
| KMI Kinder Morgan Inc. | Reduce -46.0% | 0.07% | −0.05 |
| CME Cme Group Inc. | Reduce -26.1% | 0.23% | −0.05 |
| WEC WEC Energy Group Inc. | Reduce -74.4% | 0.02% | −0.05 |
| INTU Intuit Inc. | Reduce -11.7% | 0.23% | −0.05 |
| SNPS Synopsys Inc. | Reduce -18.4% | 0.10% | −0.05 |
| MOH Molina Healthcare Inc. | Sold out | 0.00% | −0.04 |
| HES Hess Corp. | Sold out | 0.00% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -18.2% | 0.52% | −0.04 |
| PBR Petroleo Brasileiro-Spon ADR | Sold out | 0.00% | −0.04 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.04 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.04 |
| EQIX Equinix Inc. | Reduce -47.8% | 0.06% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -15.2% | 0.32% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -20.0% | 0.19% | −0.04 |
Portfolio Buys Q2 2024 → Q3 2024
| DUOL Duolingo | Add +0.0% | 2.00% | +0.52 |
| TSLA Tesla Inc. | Add +8.6% | 0.63% | +0.19 |
| PRCT Procept Biorobotics Corp. | Add +0.0% | 0.69% | +0.17 |
| S Sentinelone Inc. Class A | Add +37.1% | 0.45% | +0.16 |
| NFLX Netflix Inc. | Add +0.4% | 2.93% | +0.16 |
| UNH Unitedhealth Group Inc. | Add +9.2% | 0.67% | +0.14 |
| QQQM Invesco Nasdaq 100 ETF | Add +0.1% | 6.31% | +0.14 |
| ACN Accenture PLC Class A | Add +30.2% | 0.34% | +0.12 |
| MA Mastercard Inc. Class A | Add +18.4% | 0.46% | +0.11 |
| RDDT Reddit Inc. Class A | New | 0.10% | +0.10 |
| SPGI S&P Global Inc. | Add +31.7% | 0.25% | +0.09 |
| ISRG Intuitive Surgical Inc. | Add +17.1% | 0.38% | +0.09 |
| JNJ Johnson & Johnson | Add +13.6% | 0.41% | +0.09 |
| IWC iShares Micro-Cap ETF | Add +11.9% | 0.48% | +0.08 |
| USB US Bancorp | Add +69.9% | 0.17% | +0.08 |
| PCAR Paccar Inc. | Add +50.4% | 0.26% | +0.08 |
| COST Costco Wholesale Corp. | Add +8.6% | 0.65% | +0.08 |
| HD Home Depot Inc. | Add +5.3% | 0.39% | +0.08 |
| RSP Invesco S&P 500 Equal Weight | Add +1.3% | 0.75% | +0.07 |
| MCHP Microchip Technology Inc. | Add +291.5% | 0.10% | +0.07 |
| MS Morgan Stanley | Add +21.1% | 0.28% | +0.06 |
| CSCO Cisco Systems Inc. | Add +13.6% | 0.27% | +0.06 |
| PH Parker Hannifin Corp. | Add +21.5% | 0.17% | +0.06 |
| ABBV Abbvie Inc. | Add +2.6% | 0.37% | +0.06 |
| MPWR Monolithic Power Systems Inc. | Add +198.3% | 0.08% | +0.06 |
| PFG Principal Financial Group | New | 0.05% | +0.05 |
| NEE Nextera Energy Inc. | Add +14.8% | 0.19% | +0.05 |
| AXP American Express Co. | Add +9.3% | 0.23% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +91.5% | 0.08% | +0.05 |
| CAT Caterpillar Inc. | Add +0.2% | 0.32% | +0.05 |
| PM Philip Morris International | Add +1.6% | 0.26% | +0.05 |
| GILD Gilead Sciences Inc. | Add +7.5% | 0.19% | +0.05 |
| SYK Stryker Corp. | Add +33.8% | 0.15% | +0.05 |
| TT Trane Technologies PLC | Add +19.7% | 0.15% | +0.05 |
| DHR Danaher Corp. | Add +3.6% | 0.34% | +0.05 |
| SWKS Skyworks Solutions Inc. | New | 0.04% | +0.04 |
| DDS Dillards Inc. Class A | New | 0.04% | +0.04 |
| OKE Oneok Inc. | Add +50.8% | 0.10% | +0.04 |
| KLAC KLA Corp. | Add +53.4% | 0.13% | +0.04 |
| MCD McDonald's Corp. | Add +0.1% | 0.24% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.83% | +0.04 |
| SBUX Starbucks Corp. | Add +18.2% | 0.12% | +0.04 |
| NRG NRG Energy Inc. | Add +0.0% | 0.25% | +0.04 |
| CRM Salesforce Inc. | Add +5.7% | 0.33% | +0.04 |
| NXPI NXP Semiconductors NV | Add +65.5% | 0.11% | +0.04 |
| TECK Teck Resources Ltd.-CLS B | Add +0.9% | 0.39% | +0.04 |
| NKE Nike Inc. Class B | Add +20.5% | 0.12% | +0.03 |
| VST Vistra Corp. | New | 0.03% | +0.03 |
| CTAS Cintas Corp. | Add +31.8% | 0.09% | +0.03 |
| BX Blackstone Inc. | Add +1.4% | 0.15% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 612 | $1.8B | NVDA, QQQ, GOOGL, AAPL, SPY |
| Q1 2026 | 590 | $1.5B | NVDA, QQQ, GOOGL, AAPL, NFLX |
| Q4 2025 | 600 | $1.6B | NVDA, QQQ, GOOGL, AAPL, MSFT |
| Q3 2025 | 593 | $1.6B | NVDA, QQQ, NFLX, AAPL, QQQM |
| Q2 2025 | 561 | $1.5B | QQQM, NVDA, QQQ, NFLX, MSFT |
| Q1 2025 | 512 | $1.3B | QQQM, QQQ, AAPL, NFLX, NVDA |
| Q4 2024 | 518 | $1.4B | QQQM, QQQ, AAPL, NVDA, NFLX |
| Q3 2024 | 527 | $1.4B | QQQM, QQQ, AAPL, NVDA, MSFT |
| Q2 2024 | 538 | $1.4B | QQQM, QQQ, AAPL, NVDA, MSFT |
| Q1 2024 | 336 | $519.5M | QQQM, QQQ, IVE, SPY, NFLX |