Gallagher Fiduciary Advisors, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Gallagher Fiduciary Advisors, LLC reported 201 stock positions worth $2.8 billion. Its top holding was McDonald's (MCD) at 55.0% of the portfolio, followed by P G & E (PCG, 13.5%) and Delta Air Lines (DAL, 9.0%). Compared with Q4 2023, it opened 23 new positions, sold out of 3, added to 77 and reduced 87. The biggest buy was iShares Core S&P U.S. Value (IUSV, shares +0%) and the biggest sale McDonald's (MCD, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ROLLING MEADOWS, IL
- CIK
- 0001527781
- Portfolio Value
- $2.8B (Q1 2024)
- SEC Filing
- 0001085146-24-002630 ↗ filed May 15, 2024
Holdings Value
Holdings 201 stocks · $2.8B
| MCD McDonald's Corp. | 54.98% | 5,497,778 | $1.6B | Reduce -2.1% |
| PCG P G & E Corp. | 13.46% | 22,643,524 | $379.5M | Reduce -1.8% |
| DAL Delta Air Lines Inc. | 9.02% | 5,312,108 | $254.3M | Reduce -3.0% |
| CBRE CBRE Group Inc. Class A | 3.48% | 1,009,070 | $98.1M | Reduce -1.4% |
| BEN Franklin Templeton Inc. | 1.59% | 1,598,573 | $44.9M | Reduce -4.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.28% | 188,093 | $36.1M | Reduce -1.4% |
| IUSV iShares Core S&P U.S. Value | 1.26% | 393,525 | $35.6M | Add +0.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 1.21% | 800,972 | $34.1M | Reduce -2.4% |
| VIOV Vanguard S&P Small-Cap 600 V | 1.14% | 361,997 | $32.0M | Reduce -0.8% |
| AGG iShares Core U.S. Aggregate | 1.07% | 307,290 | $30.1M | Add +0.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.81% | 307,153 | $22.8M | Reduce -1.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.76% | 416,248 | $21.3M | Add +1.3% |
| IEMG iShares Core MSCI Emerging | 0.70% | 380,982 | $19.7M | Reduce -1.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.64% | 110,706 | $18.0M | Reduce -1.6% |
| CLF Cleveland-Cliffs Inc. | 0.63% | 775,521 | $17.6M | Reduce -1.2% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.56% | 61,023 | $15.9M | Reduce -2.4% |
| DGRO iShares Core Dividend Growth | 0.56% | 270,706 | $15.7M | Reduce -1.9% |
| ISCG iShares Morningstar Small-Ca | 0.55% | 331,682 | $15.4M | Reduce -1.7% |
| IUSG iShares Core S&P U.S. Growth | 0.34% | 80,861 | $9.5M | Add +9.2% |
| HDV iShares Core High Dividend E | 0.27% | 70,270 | $7.7M | Add +10.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.24% | 150,695 | $6.9M | Add +0.2% |
| SDVY First Trust Smid Cap Rising | 0.22% | 181,859 | $6.3M | Add +19.8% |
| SHV iShares 0-1 Year Treasury Bo | 0.22% | 54,981 | $6.1M | Reduce -1.1% |
| MTUM iShares MSCI USA Momentum Fa | 0.20% | 29,553 | $5.5M | Add +4.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.19% | 15,532 | $5.3M | Reduce -1.5% |
| PALC Pacer Lunt LRG Cap Multi-Fac | 0.18% | 109,658 | $5.1M | Add +3.7% |
| FDVV Fidelity High Dividend ETF | 0.17% | 106,336 | $4.8M | Add +10.8% |
| FJAN FT Vest U.S. Equity Buffer E | 0.16% | 110,738 | $4.6M | Add +10.5% |
| XLK SS Technology Select Sector | 0.16% | 21,556 | $4.5M | Reduce -7.3% |
| AMZN Amazon.com Inc. | 0.14% | 21,467 | $3.9M | Reduce -0.7% |
| AAPL Apple Inc. | 0.13% | 21,342 | $3.7M | Reduce -3.6% |
| NVDA Nvidia Corp. | 0.09% | 2,942 | $2.7M | Add +3.0% |
| MSFT Microsoft Corp. | 0.09% | 6,299 | $2.6M | Add +2.3% |
| MMM 3M Co. | 0.09% | 23,100 | $2.5M | Reduce -4.9% |
| XOM Exxon Mobil Corp. | 0.08% | 20,561 | $2.4M | Add +10.9% |
| IVV iShares Core S&P 500 ETF | 0.08% | 4,215 | $2.2M | Reduce -0.8% |
| RDVY First Trust Rising Dividend | 0.07% | 36,887 | $2.1M | Add +9.2% |
| XLF SS Financial Select Sector | 0.06% | 40,139 | $1.7M | Reduce -8.0% |
| XLY SS Consumer Disc Select Sect | 0.06% | 8,578 | $1.6M | Reduce -3.4% |
| VZ Verizon Communications Inc. | 0.06% | 37,326 | $1.6M | Add +1.0% |
| DJAN FT Vest U.S. Equity Deep Buf | 0.05% | 42,008 | $1.5M | Add +4.9% |
| D Dominion Energy Inc. | 0.05% | 29,636 | $1.5M | Reduce -0.5% |
| XLV SS Health Care Select Sector | 0.05% | 9,626 | $1.4M | Reduce -7.2% |
| AMAX Adaptive Hedged Multi-Asset | 0.05% | 171,175 | $1.4M | Reduce -6.7% |
| XLI SS Industrial Select Sector | 0.05% | 10,815 | $1.4M | Reduce -6.0% |
| JPM JPMorgan Chase & Co. | 0.05% | 6,666 | $1.3M | Add +4.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.05% | 2,477 | $1.3M | Reduce -24.2% |
| CVX Chevron Corp. | 0.05% | 8,161 | $1.3M | Add +10.8% |
| GOOG Alphabet Inc. Class C | 0.04% | 8,292 | $1.3M | Add +9.1% |
| TSLA Tesla Inc. | 0.04% | 6,999 | $1.2M | Reduce -3.6% |
| GSLC Goldman Activebeta US LC ETF | 0.04% | 11,615 | $1.2M | Add +2.3% |
| PG The Procter & Gamble Co. | 0.04% | 7,386 | $1.2M | Add +5.2% |
| IYW iShares Ustechnology ETF | 0.04% | 8,350 | $1.1M | Add +8.4% |
| XLC SS Comm Select Sector SPDR | 0.04% | 13,780 | $1.1M | Reduce -8.8% |
| MRK Merck & Co. Inc. | 0.04% | 8,227 | $1.1M | Add +2.5% |
| F Ford Motor Co. filed as FORD MTR CO DEL | 0.04% | 78,952 | $1.0M | Reduce -4.0% |
| T AT&T Inc. | 0.04% | 58,694 | $1.0M | Add +4.2% |
| META Meta Platforms Inc. Class A | 0.04% | 2,121 | $1.0M | Reduce -8.4% |
| XEL Xcel Energy Inc. | 0.03% | 17,220 | $926K | Add +19.8% |
| WMT Walmart Inc. | 0.03% | 15,118 | $910K | Add +5.8% |
| WFC Wells Fargo & Co. | 0.03% | 15,618 | $905K | Reduce -8.7% |
| EFV iShares MSCI Eafe Value ETF | 0.03% | 16,216 | $882K | Add +4.3% |
| EMR Emerson Electric Co. | 0.03% | 7,628 | $865K | Add +0.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.03% | 10,536 | $862K | Reduce -19.6% |
| IWN iShares Russell 2000 Value E | 0.03% | 5,388 | $856K | Add +49.5% |
| AEP American Electric Power | 0.03% | 9,892 | $852K | Add +0.3% |
| TGT Target Corp. | 0.03% | 4,687 | $831K | Reduce -11.9% |
| XLP SS Consumer Staples Sel Sect | 0.03% | 10,808 | $825K | Reduce -6.9% |
| PEP Pepsico Inc. | 0.03% | 4,583 | $802K | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.03% | 13,051 | $798K | Add +7.5% |
| HON Honeywell International Inc. | 0.03% | 3,871 | $795K | No change |
| MFC Manulife Financial Corp. | 0.03% | 31,269 | $781K | Reduce -9.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.03% | 6,377 | $780K | Add +9.1% |
| WELL Welltower Inc. | 0.03% | 8,198 | $766K | Add +4.0% |
| JEPI JPMorgan Equity Premium Inco | 0.03% | 13,110 | $759K | Add +24.2% |
| FNF Fidelity National Financial | 0.03% | 14,251 | $757K | Reduce -7.4% |
| CFG Citizens Financial Group | 0.03% | 20,670 | $750K | Reduce -5.9% |
| SHEL Shell PLC-ADR | 0.03% | 11,114 | $745K | Reduce -15.2% |
| SPG Simon Property Group Inc. | 0.03% | 4,745 | $743K | Reduce -8.2% |
| TFC Truist Financial Corp. | 0.03% | 19,005 | $741K | Reduce -4.9% |
| PFE Pfizer Inc. | 0.03% | 26,417 | $733K | Add +5.0% |
| NXST Nexstar Media Group Inc. | 0.03% | 4,132 | $712K | Reduce -5.2% |
| LYB Lyondellbasell Indu Class A | 0.03% | 6,956 | $711K | Reduce -5.6% |
| MPT Medical Properties Trust Inc. | 0.03% | 151,021 | $710K | Add +9.7% |
| NEU Newmarket Corp. | 0.02% | 1,100 | $698K | No change |
| SGOV iShares 0-3 Month Treasury B | 0.02% | 6,905 | $695K | New |
| EIX Edison International | 0.02% | 9,534 | $674K | Reduce -4.1% |
| SON Sonoco Products Co. | 0.02% | 11,582 | $670K | Reduce -4.0% |
| NGG National Grid PLC-SP ADR | 0.02% | 9,807 | $669K | Reduce -3.1% |
| GLW Corning Inc. | 0.02% | 20,071 | $662K | Reduce -4.4% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.02% | 5,218 | $657K | Reduce -2.5% |
| IWO iShares Russell 2000 Growth | 0.02% | 2,402 | $650K | Add +72.6% |
| QUAL iShares MSCI USA Quality Fac | 0.02% | 3,924 | $645K | Add +10.9% |
| UPS United Parcel Service Class B | 0.02% | 4,316 | $642K | Reduce -0.3% |
| WBA Walgreens Boots Alliance Inc. | 0.02% | 29,430 | $638K | Add +2.1% |
| XLE SS Energy Select Sector | 0.02% | 6,349 | $599K | Add +2.4% |
| IVE iShares S&P 500 Value ETF | 0.02% | 3,192 | $596K | Add +0.3% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.02% | 20,573 | $590K | Add +1.4% |
| COST Costco Wholesale Corp. | 0.02% | 804 | $589K | Reduce -10.5% |
| MA Mastercard Inc. Class A | 0.02% | 1,221 | $588K | Reduce -2.0% |
Portfolio Sells Q4 2023 → Q1 2024
| MCD McDonald's Corp. | Reduce -2.1% | 54.98% | −2.23 |
| PCG P G & E Corp. | Reduce -1.8% | 13.46% | −0.83 |
| BEN Franklin Templeton Inc. | Reduce -4.1% | 1.59% | −0.11 |
| TSLA Tesla Inc. | Reduce -3.6% | 0.04% | −0.02 |
| AAPL Apple Inc. | Reduce -3.6% | 0.13% | −0.02 |
| NIO Nio Inc. - ADR | Reduce -1.1% | 0.01% | −0.01 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.01 |
| USFR Wisdomtree Floating Rate Tre | Sold out | 0.00% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -24.2% | 0.05% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -19.6% | 0.03% | −0.01 |
| MMM 3M Co. | Reduce -4.9% | 0.09% | −0.00 |
| CAT Caterpillar Inc. | Reduce -45.6% | 0.01% | −0.00 |
| SHEL Shell PLC-ADR | Reduce -15.2% | 0.03% | −0.00 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -31.9% | 0.01% | −0.00 |
| B Barrick Gold Corp. | Reduce -2.0% | 0.02% | −0.00 |
| MUB iShares National Muni Bond E | Reduce -12.5% | 0.01% | −0.00 |
| VYM Vanguard High DVD Yield ETF | Reduce -19.2% | 0.01% | −0.00 |
| ACB Aurora Cannabis Inc. | Sold out | 0.00% | −0.00 |
| POLESTAR AUTOMOTIVE HLDG UK | Reduce -5.2% | 0.00% | −0.00 |
| LQDH iShares Int Hedg Corp. BD ETF | Reduce -10.3% | 0.01% | −0.00 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Reduce -20.5% | 0.01% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -2.0% | 0.02% | −0.00 |
| CHPT Chargepoint Holdings Inc. | Reduce -2.6% | 0.00% | −0.00 |
| UPS United Parcel Service Class B | Reduce -0.3% | 0.02% | −0.00 |
| EIX Edison International | Reduce -4.1% | 0.02% | −0.00 |
| KMI Kinder Morgan Inc. | Reduce -9.4% | 0.02% | −0.00 |
| IJR iShares Core S&P Small-Cap E | Reduce -8.0% | 0.01% | −0.00 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -3.9% | 0.01% | −0.00 |
| FNF Fidelity National Financial | Reduce -7.4% | 0.03% | −0.00 |
| XLRE SS Real Estate Select Sector | Reduce -2.9% | 0.01% | −0.00 |
| BND Vanguard Total Bond Market | Reduce -2.6% | 0.01% | −0.00 |
| VCIT Vanguard Int-Term Corporate | Reduce -2.2% | 0.01% | 0.00 |
| NGG National Grid PLC-SP ADR | Reduce -3.1% | 0.02% | +0.00 |
| SJM The JM Smucker Co. | Reduce -2.5% | 0.02% | +0.00 |
| FIW First Trust Water ETF | Reduce -6.6% | 0.01% | +0.00 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -10.6% | 0.01% | +0.00 |
| COST Costco Wholesale Corp. | Reduce -10.5% | 0.02% | +0.00 |
| XLP SS Consumer Staples Sel Sect | Reduce -6.9% | 0.03% | +0.00 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -2.7% | 0.02% | +0.00 |
| SON Sonoco Products Co. | Reduce -4.0% | 0.02% | +0.00 |
| REGN Regeneron Pharmaceuticals | Reduce -4.4% | 0.01% | +0.00 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -1.7% | 0.01% | +0.00 |
| XLB SS Materials Select Sector | Reduce -5.2% | 0.01% | +0.00 |
| AMAX Adaptive Hedged Multi-Asset | Reduce -6.7% | 0.05% | +0.00 |
| TFC Truist Financial Corp. | Reduce -4.9% | 0.03% | +0.00 |
| SPG Simon Property Group Inc. | Reduce -8.2% | 0.03% | +0.00 |
| ABBV Abbvie Inc. | Reduce -11.4% | 0.02% | +0.00 |
| FAST Fastenal Co. | Reduce -9.8% | 0.01% | +0.00 |
| LYB Lyondellbasell Indu Class A | Reduce -5.6% | 0.03% | +0.00 |
| CDNS Cadence Design SYS Inc. | Reduce -2.8% | 0.01% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| IUSV iShares Core S&P U.S. Value | Add +0.3% | 1.26% | +0.12 |
| IUSG iShares Core S&P U.S. Growth | Add +9.2% | 0.34% | +0.07 |
| SDVY First Trust Smid Cap Rising | Add +19.8% | 0.22% | +0.05 |
| HDV iShares Core High Dividend E | Add +10.9% | 0.27% | +0.05 |
| NVDA Nvidia Corp. | Add +3.0% | 0.09% | +0.05 |
| MTUM iShares MSCI USA Momentum Fa | Add +4.0% | 0.20% | +0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +1.3% | 0.76% | +0.03 |
| PALC Pacer Lunt LRG Cap Multi-Fac | Add +3.7% | 0.18% | +0.03 |
| FDVV Fidelity High Dividend ETF | Add +10.8% | 0.17% | +0.03 |
| FJAN FT Vest U.S. Equity Buffer E | Add +10.5% | 0.16% | +0.03 |
| SGOV iShares 0-3 Month Treasury B | New | 0.02% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +0.5% | 1.07% | +0.02 |
| XOM Exxon Mobil Corp. | Add +10.9% | 0.08% | +0.02 |
| MSFT Microsoft Corp. | Add +2.3% | 0.09% | +0.01 |
| RDVY First Trust Rising Dividend | Add +9.2% | 0.07% | +0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | New | 0.01% | +0.01 |
| GMAR FT Vest US Equity Moderate B | Add +120.7% | 0.02% | +0.01 |
| IWN iShares Russell 2000 Value E | Add +49.5% | 0.03% | +0.01 |
| IWO iShares Russell 2000 Growth | Add +72.6% | 0.02% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +4.9% | 0.05% | +0.01 |
| DIS The Walt Disney Co. | Add +9.1% | 0.03% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | New | 0.01% | +0.01 |
| MRK Merck & Co. Inc. | Add +2.5% | 0.04% | +0.01 |
| GFEB FT Vest US Equity Moderate B | New | 0.01% | +0.01 |
| SCHI Schwab 5-10 Year Corporate B | New | 0.01% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +9.1% | 0.04% | +0.01 |
| CVX Chevron Corp. | Add +10.8% | 0.05% | +0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | New | 0.01% | +0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.01% | +0.01 |
| UBER Uber Technologies Inc. | New | 0.01% | +0.01 |
| VZ Verizon Communications Inc. | Add +1.0% | 0.06% | +0.01 |
| BSX Boston Scientific Corp. | New | 0.01% | +0.01 |
| IYW iShares Ustechnology ETF | Add +8.4% | 0.04% | +0.01 |
| ESGU iShares ESG Aware MSCI USA | New | 0.01% | +0.01 |
| FEBW Alianzim US Eq BFR20 Feb-Usd | New | 0.01% | +0.01 |
| STZ Constellation Brands Inc. Class A | New | 0.01% | +0.01 |
| GJUN FT Vest US Equity Moderate B | New | 0.01% | +0.01 |
| TM Toyota Motor Corp. -Spon ADR | New | 0.01% | +0.01 |
| EWJ iShares MSCI Japan ETF | New | 0.01% | +0.01 |
| ABT Abbott Laboratories | New | 0.01% | +0.01 |
| PG The Procter & Gamble Co. | Add +5.2% | 0.04% | +0.01 |
| JEPI JPMorgan Equity Premium Inco | Add +24.2% | 0.03% | +0.01 |
| GLOBAL X FDS | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +5.8% | 0.03% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +33.0% | 0.02% | +0.01 |
| DJAN FT Vest U.S. Equity Deep Buf | Add +4.9% | 0.05% | +0.01 |
| GSLC Goldman Activebeta US LC ETF | Add +2.3% | 0.04% | +0.01 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +0.2% | 0.24% | +0.01 |
| EMR Emerson Electric Co. | Add +0.3% | 0.03% | +0.01 |
| IBM Intl Business Machines Corp. | Add +27.7% | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 356 | $3.0B | MCD, DAL, PCG, VTI, CBRE |
| Q1 2026 | 340 | $2.6B | MCD, PCG, DAL, CBRE, BEN |
| Q4 2025 | 325 | $3.1B | MCD, PCG, DAL, VTI, CBRE |
| Q3 2025 | 306 | $2.7B | MCD, PCG, DAL, CBRE, LQD |
| Q2 2025 | 327 | $2.6B | MCD, PCG, DAL, CBRE, KORP |
| Q1 2025 | 303 | $3.0B | MCD, PCG, DAL, VTI, CBRE |
| Q4 2024 | 298 | $510.9M | LQD, SHYG, IEFA, IEMG, IUSG |
| Q3 2024 | 274 | $493.8M | LQD, SHYG, IEMG, IEFA, VBR |
| Q2 2024 | 256 | $446.2M | SHYG, IUSV, VBR, VIOV, IGSB |
| Q1 2024 | 201 | $2.8B | MCD, PCG, DAL, CBRE, BEN |