Gallagher Fiduciary Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Gallagher Fiduciary Advisors, LLC reported 303 stock positions worth $3.0 billion. Its top holding was McDonald's (MCD) at 49.7% of the portfolio, followed by P G & E (PCG, 11.7%) and Delta Air Lines (DAL, 6.5%). Compared with Q4 2024, it opened 40 new positions, sold out of 35, added to 188 and reduced 64. The biggest buy was McDonald's (MCD, shares +112361%) and the biggest sale Vanguard Mrngstr Val ETF-Aui (VTV, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- ROLLING MEADOWS, IL
- CIK
- 0001527781
- Portfolio Value
- $3.0B (Q1 2025)
- SEC Filing
- 0001085146-25-003320 ↗ filed May 15, 2025
Holdings Value
Holdings 303 stocks · $3.0B
| MCD McDonald's Corp. | 49.72% | 4,839,176 | $1.5B | Add +112360.5% |
| PCG P G & E Corp. | 11.72% | 20,739,894 | $356.3M | New |
| DAL Delta Air Lines Inc. | 6.51% | 4,540,123 | $197.9M | New |
| VTI VG Morningstar TS MKT ETF-US | 4.41% | 488,320 | $134.2M | Add +19132.8% |
| CBRE CBRE Group Inc. Class A | 4.03% | 937,085 | $122.6M | New |
| SCHB Schwab US Broad Market ETF | 1.91% | 2,703,208 | $58.2M | New |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.51% | 421,576 | $45.8M | Add +5.3% |
| SHYG iShares 0-5 YR HY Corp. Bond | 1.11% | 790,920 | $33.6M | Add +0.1% |
| BEN Franklin Templeton Inc. | 0.95% | 1,499,805 | $28.9M | New |
| IEFA iShares Core MSCI Eafe ETF | 0.80% | 321,405 | $24.3M | Add +0.7% |
| IEMG iShares Core MSCI Emerging | 0.76% | 426,533 | $23.0M | Add +1.4% |
| VCLT Vanguard Long-Term Corp. Bond | 0.75% | 301,926 | $22.9M | New |
| IGLB iShares 10+ Year Inv GR Corp. | 0.73% | 443,997 | $22.3M | New |
| IUSG iShares Core S&P U.S. Growth | 0.58% | 139,140 | $17.7M | Add +1.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.55% | 89,777 | $16.7M | Add +0.5% |
| AVUV Avantis US Small Cap Value | 0.47% | 163,750 | $14.3M | Add +3.1% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.45% | 163,795 | $13.7M | Add +0.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.43% | 76,562 | $13.2M | Reduce -0.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.43% | 52,337 | $13.2M | Add +1.5% |
| ISCG iShares Morningstar Small-Ca | 0.42% | 285,753 | $12.9M | Add +1.5% |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.41% | 130,154 | $12.6M | New |
| BUFZ FT Vest Laddered Moderate Bu | 0.41% | 528,966 | $12.4M | Add +4.2% |
| AVLV Avantis US Large Cap Value | 0.40% | 186,709 | $12.2M | Add +2.5% |
| VEA Vanguard Ftse Developed ETF | 0.39% | 233,238 | $11.9M | Add +3547.2% |
| DGRO iShares Core Dividend Growth | 0.36% | 179,170 | $11.1M | Reduce -0.5% |
| IUSV iShares Core S&P U.S. Value | 0.35% | 115,040 | $10.6M | Add +1.7% |
| HDV iShares Core High Dividend E | 0.31% | 76,684 | $9.3M | Add +1.1% |
| VYM Vanguard High DVD Yield ETF | 0.27% | 64,509 | $8.3M | Add +2276.0% |
| IDV iShares International Select | 0.26% | 252,704 | $7.8M | New |
| ZALT Innovator US Eq 10 Buffer | 0.24% | 247,120 | $7.4M | New |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 18,933 | $7.0M | Add +4.1% |
| SDVY First Trust Smid Cap Rising | 0.22% | 201,063 | $6.7M | Add +3.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.22% | 223,252 | $6.6M | Add +2.5% |
| MTUM iShares MSCI USA Momentum Fa | 0.21% | 31,416 | $6.4M | Add +0.3% |
| PALC Pacer Lunt LRG Cap Multi-Fac | 0.20% | 129,844 | $6.2M | Add +1.2% |
| FDVV Fidelity High Dividend ETF | 0.20% | 125,060 | $6.2M | Add +3.3% |
| IXUS iShares Core Intl Stock ETF | 0.20% | 86,990 | $6.1M | New |
| CLF Cleveland-Cliffs Inc. | 0.19% | 714,350 | $5.9M | New |
| VNQ Vanguard Real Estate ETF | 0.19% | 64,685 | $5.9M | New |
| VGIT Vanguard Intermediate-Term T | 0.19% | 96,882 | $5.8M | New |
| XLK SS Technology Select Sector | 0.14% | 21,223 | $4.4M | Add +0.5% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.14% | 91,397 | $4.2M | Add +420.8% |
| IVV iShares Core S&P 500 ETF | 0.13% | 7,081 | $4.0M | Reduce -3.0% |
| AAPL Apple Inc. | 0.13% | 17,155 | $3.8M | Reduce -19.0% |
| FPE FT-Preferred Secur & Inc. ETF | 0.12% | 201,940 | $3.6M | New |
| QUAL iShares MSCI USA Quality Fac | 0.11% | 18,830 | $3.2M | Add +372.4% |
| AMZN Amazon.com Inc. | 0.10% | 16,552 | $3.1M | Reduce -21.3% |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 69,248 | $3.1M | New |
| NVDA Nvidia Corp. | 0.10% | 28,591 | $3.1M | Reduce -8.4% |
| XOM Exxon Mobil Corp. | 0.10% | 25,345 | $3.0M | Add +4.1% |
| SHY iShares 1-3 Year Treasury Bo | 0.09% | 31,625 | $2.6M | Add +10.8% |
| EMB iShares JP Morgan Usd Emergi | 0.09% | 28,593 | $2.6M | New |
| JNK SS SPDR BB High Yield Bond | 0.09% | 27,115 | $2.6M | New |
| JUNM FT Vest US Eq Max Buf June | 0.08% | 78,173 | $2.5M | Reduce -2.8% |
| RDVY First Trust Rising Dividend | 0.08% | 40,791 | $2.4M | Add +0.4% |
| MMM 3M Co. | 0.08% | 15,996 | $2.3M | Add +10.2% |
| MSFT Microsoft Corp. | 0.08% | 6,168 | $2.3M | Reduce -22.2% |
| FBND Fidelity Total Bond ETF | 0.07% | 46,696 | $2.1M | New |
| JPM JPMorgan Chase & Co. | 0.07% | 8,330 | $2.0M | Reduce -7.5% |
| T AT&T Inc. | 0.06% | 67,964 | $1.9M | Add +1.3% |
| AGG iShares Core U.S. Aggregate | 0.06% | 19,206 | $1.9M | Add +305.4% |
| PG The Procter & Gamble Co. | 0.06% | 10,604 | $1.8M | Add +2.0% |
| XLF SS Financial Select Sector | 0.06% | 34,985 | $1.7M | Reduce -4.1% |
| CVX Chevron Corp. | 0.06% | 10,253 | $1.7M | Reduce -4.0% |
| TSLA Tesla Inc. | 0.06% | 6,460 | $1.7M | Reduce -6.2% |
| VZ Verizon Communications Inc. | 0.05% | 36,267 | $1.6M | Reduce -4.4% |
| KO The Coca-Cola Co. | 0.05% | 22,324 | $1.6M | Add +1.5% |
| SGOV iShares 0-3 Month Treasury B | 0.05% | 15,154 | $1.5M | Reduce -23.7% |
| IYR iShares US Real Estate ETF | 0.05% | 15,899 | $1.5M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.05% | 2,796 | $1.5M | Add +1.7% |
| WELL Welltower Inc. | 0.05% | 9,478 | $1.5M | Add +1.2% |
| BALT Inn Defined Wealth Shield | 0.05% | 45,844 | $1.4M | Add +18.7% |
| VOO Vanguard S&P 500 ETF | 0.04% | 2,639 | $1.4M | Add +6.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.04% | 2,323 | $1.3M | Reduce -3.0% |
| META Meta Platforms Inc. Class A | 0.04% | 2,177 | $1.3M | Reduce -18.8% |
| XEL Xcel Energy Inc. | 0.04% | 17,064 | $1.2M | Reduce -1.4% |
| XLY SS Consumer Disc Select Sect | 0.04% | 6,095 | $1.2M | Reduce -0.7% |
| XLC SS Comm Select Sector SPDR | 0.04% | 11,992 | $1.2M | Reduce -1.4% |
| AEP American Electric Power | 0.04% | 10,526 | $1.2M | Add +1.7% |
| PFE Pfizer Inc. | 0.04% | 45,213 | $1.1M | Reduce -2.5% |
| IFGL iShares International Develo | 0.04% | 58,015 | $1.1M | New |
| XLV SS Health Care Select Sector | 0.04% | 7,572 | $1.1M | Reduce -7.9% |
| ABBV Abbvie Inc. | 0.03% | 5,046 | $1.1M | Add +4.2% |
| XLI SS Industrial Select Sector | 0.03% | 8,007 | $1.0M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.03% | 6,427 | $1.0M | Reduce -1.2% |
| IWV iShares Russell 3000 ETF | 0.03% | 3,097 | $984K | New |
| MRK Merck & Co. Inc. | 0.03% | 10,719 | $962K | Add +3.7% |
| JNJ Johnson & Johnson | 0.03% | 5,767 | $956K | Add +2.0% |
| SHEL Shell PLC-ADR | 0.03% | 13,033 | $955K | Reduce -2.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.03% | 3,818 | $949K | Add +0.9% |
| WFC Wells Fargo & Co. | 0.03% | 13,196 | $947K | Reduce -0.2% |
| UGI Ugi Corp. | 0.03% | 28,558 | $944K | Reduce -0.6% |
| FNF Fidelity National Financial | 0.03% | 14,195 | $924K | Add +3.2% |
| IVW iShares S&P 500 Growth ETF | 0.03% | 9,941 | $923K | Add +26.2% |
| COST Costco Wholesale Corp. | 0.03% | 949 | $898K | Add +2.5% |
| F Ford Motor Co. filed as FORD MTR CO | 0.03% | 88,925 | $892K | Reduce -11.6% |
| PEP Pepsico Inc. | 0.03% | 5,918 | $887K | Add +3.2% |
| NXST Nexstar Media Group Inc. | 0.03% | 4,945 | $886K | Add +4.0% |
| NGG National Grid PLC-SP ADR | 0.03% | 13,403 | $879K | Add +3.0% |
| D Dominion Energy Inc. | 0.03% | 15,519 | $870K | Add +134.3% |
Portfolio Sells Q4 2024 → Q1 2025
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.0% | 0.43% | −2.10 |
| DGRO iShares Core Dividend Growth | Reduce -0.5% | 0.36% | −1.80 |
| FJAN FT Vest U.S. Equity Buffer E | Reduce -93.3% | 0.01% | −1.06 |
| AAPL Apple Inc. | Reduce -19.0% | 0.13% | −0.91 |
| AMZN Amazon.com Inc. | Reduce -21.3% | 0.10% | −0.80 |
| NVDA Nvidia Corp. | Reduce -8.4% | 0.10% | −0.72 |
| IVV iShares Core S&P 500 ETF | Reduce -3.0% | 0.13% | −0.71 |
| MSFT Microsoft Corp. | Reduce -22.2% | 0.08% | −0.58 |
| TSLA Tesla Inc. | Reduce -6.2% | 0.06% | −0.49 |
| JUNM FT Vest US Eq Max Buf June | Reduce -2.8% | 0.08% | −0.42 |
| DJAN FT Vest U.S. Equity Deep Buf | Sold out | 0.00% | −0.37 |
| JPM JPMorgan Chase & Co. | Reduce -7.5% | 0.07% | −0.36 |
| SGOV iShares 0-3 Month Treasury B | Reduce -23.7% | 0.05% | −0.34 |
| XLF SS Financial Select Sector | Reduce -4.1% | 0.06% | −0.29 |
| IWN iShares Russell 2000 Value E | Reduce -44.9% | 0.03% | −0.29 |
| META Meta Platforms Inc. Class A | Reduce -18.8% | 0.04% | −0.27 |
| CVX Chevron Corp. | Reduce -4.0% | 0.06% | −0.25 |
| VZ Verizon Communications Inc. | Reduce -4.4% | 0.05% | −0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -3.0% | 0.04% | −0.23 |
| XLY SS Consumer Disc Select Sect | Reduce -0.7% | 0.04% | −0.23 |
| GOOG Alphabet Inc. Class C | Reduce -1.2% | 0.03% | −0.21 |
| PLTR Palantir Technologies Inc. Class A | Reduce -76.7% | 0.01% | −0.20 |
| PFE Pfizer Inc. | Reduce -2.5% | 0.04% | −0.20 |
| XLC SS Comm Select Sector SPDR | Reduce -1.4% | 0.04% | −0.19 |
| XEL Xcel Energy Inc. | Reduce -1.4% | 0.04% | −0.19 |
| XLV SS Health Care Select Sector | Reduce -7.9% | 0.04% | −0.18 |
| XLI SS Industrial Select Sector | Reduce -0.1% | 0.03% | −0.17 |
| F Ford Motor Co. | Reduce -11.6% | 0.03% | −0.17 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.15 |
| WFC Wells Fargo & Co. | Reduce -0.2% | 0.03% | −0.15 |
| MLI Mueller Industries Inc. | Reduce -52.2% | 0.01% | −0.14 |
| WMT Walmart Inc. | Reduce -0.8% | 0.03% | −0.14 |
| KMI Kinder Morgan Inc. | Sold out | 0.00% | −0.14 |
| LUMN Lumen Technologies Inc. | Reduce -61.9% | 0.01% | −0.13 |
| SHEL Shell PLC-ADR | Reduce -2.1% | 0.03% | −0.13 |
| UGI Ugi Corp. | Reduce -0.6% | 0.03% | −0.13 |
| ECL Ecolab Inc. | Reduce -0.1% | 0.03% | −0.13 |
| KW Kennedy-Wilson Holdings Inc. | Reduce -9.3% | 0.02% | −0.12 |
| MA Mastercard Inc. Class A | Reduce -2.0% | 0.02% | −0.12 |
| ITRI Itron Inc. | Sold out | 0.00% | −0.12 |
| DIS The Walt Disney Co. | Reduce -18.7% | 0.02% | −0.11 |
| NEU Newmarket Corp. | Sold out | 0.00% | −0.11 |
| EFV iShares MSCI Eafe Value ETF | Reduce -12.0% | 0.02% | −0.11 |
| JOBY Joby Aviation Inc. | Sold out | 0.00% | −0.11 |
| MRVL Marvell Technology Inc. | Reduce -32.8% | 0.01% | −0.10 |
| INTC Intel Corp. | Sold out | 0.00% | −0.10 |
| AVO Mission Produce Inc. | Reduce -40.6% | 0.01% | −0.10 |
| NFLX Netflix Inc. | Reduce -6.6% | 0.02% | −0.10 |
| HON Honeywell International Inc. | Reduce -2.1% | 0.02% | −0.10 |
| TMP Tompkins Financial Corp. | Reduce -26.4% | 0.01% | −0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| MCD McDonald's Corp. | Add +112360.5% | 49.72% | +49.48 |
| PCG P G & E Corp. | New | 11.72% | +11.72 |
| DAL Delta Air Lines Inc. | New | 6.51% | +6.51 |
| VTI VG Morningstar TS MKT ETF-US | Add +19132.8% | 4.41% | +4.27 |
| CBRE CBRE Group Inc. Class A | New | 4.03% | +4.03 |
| SCHB Schwab US Broad Market ETF | New | 1.91% | +1.91 |
| BEN Franklin Templeton Inc. | New | 0.95% | +0.95 |
| VCLT Vanguard Long-Term Corp. Bond | New | 0.75% | +0.75 |
| IGLB iShares 10+ Year Inv GR Corp. | New | 0.73% | +0.73 |
| CORP PIMCO Inv Grade Corp. BD ETF | New | 0.41% | +0.41 |
| VEA Vanguard Ftse Developed ETF | Add +3547.2% | 0.39% | +0.33 |
| IDV iShares International Select | New | 0.26% | +0.26 |
| ZALT Innovator US Eq 10 Buffer | New | 0.24% | +0.24 |
| VYM Vanguard High DVD Yield ETF | Add +2276.0% | 0.27% | +0.21 |
| IXUS iShares Core Intl Stock ETF | New | 0.20% | +0.20 |
| CLF Cleveland-Cliffs Inc. | New | 0.19% | +0.19 |
| VNQ Vanguard Real Estate ETF | New | 0.19% | +0.19 |
| VGIT Vanguard Intermediate-Term T | New | 0.19% | +0.19 |
| FPE FT-Preferred Secur & Inc. ETF | New | 0.12% | +0.12 |
| VWO Vanguard Ftse Emerging Marke | New | 0.10% | +0.10 |
| EMB iShares JP Morgan Usd Emergi | New | 0.09% | +0.09 |
| JNK SS SPDR BB High Yield Bond | New | 0.09% | +0.09 |
| FBND Fidelity Total Bond ETF | New | 0.07% | +0.07 |
| IYR iShares US Real Estate ETF | New | 0.05% | +0.05 |
| IFGL iShares International Develo | New | 0.04% | +0.04 |
| IWV iShares Russell 3000 ETF | New | 0.03% | +0.03 |
| CMC Commercial Metals Co. | New | 0.02% | +0.02 |
| SHV iShares 0-1 Year Treasury Bo | New | 0.02% | +0.02 |
| FFEB FT Vest US Equity Buffer ETF | New | 0.01% | +0.01 |
| GPI Group 1 Automotive Inc. | New | 0.01% | +0.01 |
| FAUG FT Vest U.S. Equity Buffer E | New | 0.01% | +0.01 |
| DJUN FT Vest US Equity Deep Buffe | New | 0.01% | +0.01 |
| FJUL FT Vest US Equity Buffer ETF | New | 0.01% | +0.01 |
| FJUN FT Vest US Equity Buff ETF-J | New | 0.01% | +0.01 |
| FAST Fastenal Co. | New | 0.01% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | New | 0.01% | +0.01 |
| EUSA iShares MSCI USA Equal Weigh | New | 0.01% | +0.01 |
| APG Api Group Corp. | New | 0.01% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.01% | +0.01 |
| FEBM FT Vest US Eq Max Buf Feb | New | 0.01% | +0.01 |
| GJAN FT Vest US Equity Moderate B | New | 0.01% | +0.01 |
| OEF iShares S&P 100 ETF | New | 0.01% | +0.01 |
| GLD SPDR Gold Shares | New | 0.01% | +0.01 |
| ANIK Anika Therapeutics Inc. | New | 0.01% | +0.01 |
| PACB Pacific Biosciences of Calif | Add +2.0% | 0.00% | −0.01 |
| STNE Stoneco Ltd. Class A | Add +21.8% | 0.01% | −0.01 |
| CMTG Claros Mortgage Trust Inc. | Add +14.2% | 0.00% | −0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +420.8% | 0.14% | −0.02 |
| PTEN Patterson-Uti Energy Inc. | Add +11.2% | 0.00% | −0.02 |
| MQ Marqeta Inc. | Add +21.5% | 0.01% | −0.02 |
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 |