Gallagher Fiduciary Advisors, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Gallagher Fiduciary Advisors, LLC reported 340 stock positions worth $2.6 billion. Its top holding was McDonald's (MCD) at 52.2% of the portfolio, followed by P G & E (PCG, 12.6%) and Delta Air Lines (DAL, 9.9%). Compared with Q4 2025, it opened 23 new positions, sold out of 8, added to 160 and reduced 145. The biggest buy was American Century Diversified (KORP, shares +10%) and the biggest sale Vanguard Total Bond Market (BND, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- ROLLING MEADOWS, IL
- CIK
- 0001527781
- Portfolio Value
- $2.6B (Q1 2026)
- SEC Filing
- 0001527781-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 340 stocks · $2.6B
| MCD McDonald's Corp. | 52.19% | 4,325,813 | $1.3B | Reduce -2.3% |
| PCG P G & E Corp. | 12.62% | 18,506,793 | $325.2M | Reduce -4.7% |
| DAL Delta Air Lines Inc. | 9.91% | 3,839,147 | $255.2M | Reduce -5.0% |
| CBRE CBRE Group Inc. Class A | 4.65% | 883,856 | $119.7M | Reduce -1.2% |
| BEN Franklin Templeton Inc. | 1.29% | 1,408,138 | $33.3M | Reduce -1.1% |
| KORP American Century Diversified | 1.27% | 700,568 | $32.7M | Add +10.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.77% | 219,254 | $19.8M | Add +6.4% |
| AVUV Avantis US Small Cap Value | 0.74% | 172,205 | $19.0M | Reduce -10.7% |
| IEMG iShares Core MSCI Emerging | 0.72% | 264,491 | $18.4M | Reduce -2.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.71% | 60,452 | $18.3M | Add +6.1% |
| ISCG iShares Morningstar Small-Ca | 0.69% | 325,545 | $17.8M | Add +6.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.64% | 76,301 | $16.6M | Reduce -10.2% |
| AVLV Avantis US Large Cap Value | 0.61% | 194,591 | $15.7M | Add +12.0% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.57% | 144,690 | $14.7M | Reduce -15.6% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.56% | 32,574,425 | $14.4M | Add +11195.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.51% | 67,486 | $13.2M | Add +11.7% |
| DGRO iShares Core Dividend Growth | 0.43% | 157,947 | $11.1M | Add +11.6% |
| IUSG iShares Core S&P U.S. Growth | 0.39% | 64,035 | $9.9M | Add +11.0% |
| RDVY First Trust Rising Dividend | 0.31% | 117,469 | $8.0M | Reduce -1.2% |
| SDVY First Trust Smid Cap Rising | 0.31% | 202,034 | $8.0M | Reduce -1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.30% | 17,505 | $7.6M | Add +1.3% |
| IUSV iShares Core S&P U.S. Value | 0.28% | 71,340 | $7.3M | Add +14.5% |
| HDV iShares Core High Dividend E | 0.25% | 48,037 | $6.5M | Add +10.3% |
| ZALT Innovator US Eq 10 Buffer | 0.23% | 181,097 | $5.9M | Add +5.5% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.21% | 127,343 | $5.4M | Reduce -3.4% |
| CLF Cleveland-Cliffs Inc. | 0.20% | 607,279 | $5.1M | Reduce -8.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.20% | 149,511 | $5.0M | Add +2.1% |
| MTUM iShares MSCI USA Momentum Fa | 0.19% | 20,156 | $4.8M | Add +27.9% |
| IVV iShares Core S&P 500 ETF | 0.17% | 6,848 | $4.5M | Add +7.8% |
| AAPL Apple Inc. | 0.17% | 17,508 | $4.4M | Reduce -1.3% |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | 0.17% | 125,306 | $4.4M | Add +3.0% |
| PALC Pacer Lunt LRG Cap Multi-Fac | 0.17% | 83,558 | $4.3M | Add +34.3% |
| SGOV iShares 0-3 Month Treasury B | 0.16% | 40,737 | $4.1M | Add +3.4% |
| XOM Exxon Mobil Corp. | 0.14% | 20,490 | $3.5M | Reduce -1.8% |
| NVDA Nvidia Corp. | 0.13% | 19,345 | $3.4M | Reduce -2.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.13% | 40,151 | $3.3M | Reduce -1.9% |
| XLG Invesco S&P 500 Top 50 ETF | 0.13% | 60,395 | $3.3M | Add +2.9% |
| SOXX iShares Semiconductor ETF | 0.12% | 9,339 | $3.1M | Reduce -9.5% |
| SCHB Schwab US Broad Market ETF | 0.11% | 69,206,449 | $2.8M | Add +2535.1% |
| FIW First Trust Water ETF | 0.11% | 26,552 | $2.7M | Add +5.6% |
| AIRR First Trust Rba American Ind | 0.10% | 22,318 | $2.5M | Reduce -8.4% |
| FESM Fidelity Enhanced Small Cap | 0.09% | 63,817 | $2.4M | Add +10.6% |
| MMM 3M Co. | 0.09% | 16,676 | $2.4M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 4,280 | $2.1M | Add +21.1% |
| JPM JPMorgan Chase & Co. | 0.08% | 6,722 | $2.0M | Reduce -1.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 153,056,541 | $1.9M | Add +31676.7% |
| AMZN Amazon.com Inc. | 0.07% | 9,226 | $1.9M | Reduce -2.8% |
| BUFZ FT Vest Laddered Moderate Bu | 0.07% | 72,092 | $1.9M | Reduce -0.2% |
| MSFT Microsoft Corp. | 0.07% | 5,032 | $1.9M | Add +5.3% |
| BALT Inn Defined Wealth Shield | 0.07% | 50,526 | $1.7M | Add +8.0% |
| CVX Chevron Corp. | 0.06% | 7,986 | $1.7M | Reduce -4.6% |
| VOO Vanguard S&P 500 ETF | 0.06% | 2,620 | $1.6M | Reduce -0.1% |
| XLK SS Technology Select Sector | 0.06% | 11,553 | $1.5M | Add +30.8% |
| TSLA Tesla Inc. | 0.06% | 4,078 | $1.5M | Add +0.7% |
| JNJ Johnson & Johnson | 0.06% | 5,925 | $1.4M | Add +0.6% |
| XEL Xcel Energy Inc. | 0.06% | 17,952 | $1.4M | Add +0.0% |
| VZ Verizon Communications Inc. | 0.05% | 28,104 | $1.4M | Add +4.8% |
| JUNM FT Vest US Eq Max Buf June | 0.05% | 41,085 | $1.4M | Add +3.1% |
| FOCT FT Vest U.S. Equity Buffer E | 0.05% | 27,089 | $1.3M | Reduce -5.2% |
| IGLB iShares 10+ Year Inv GR Corp. | 0.05% | 63,205,344 | $1.3M | Add +4898.8% |
| PG The Procter & Gamble Co. | 0.05% | 8,796 | $1.3M | Add +0.9% |
| WMT Walmart Inc. | 0.05% | 10,168 | $1.3M | Add +0.7% |
| QGRO American Century US Quality | 0.05% | 11,798 | $1.2M | Add +16.2% |
| ABBV Abbvie Inc. | 0.05% | 5,560 | $1.2M | Add +1.0% |
| KO The Coca-Cola Co. | 0.05% | 15,380 | $1.2M | Reduce -5.2% |
| TMHC Taylor Morrison Home Corp. | 0.04% | 19,335 | $1.1M | Reduce -6.8% |
| IVW iShares S&P 500 Growth ETF | 0.04% | 9,842 | $1.1M | Add +4.0% |
| MU Micron Technology Inc. | 0.04% | 3,295 | $1.1M | Reduce -0.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.04% | 14,352 | $1.1M | Add +18.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.04% | 4,445 | $1.1M | Add +1.3% |
| SCHM Schwab US Mid Cap ETF | 0.04% | 32,680 | $1.0M | Add +3.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.04% | 3,392,517 | $1.0M | Add +3490.9% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.04% | 17,265 | $1.0M | Reduce -14.9% |
| NPO Enpro Inc. | 0.04% | 3,906 | $979K | Reduce -9.1% |
| T AT&T Inc. | 0.04% | 33,603 | $974K | Add +4.2% |
| KRG Kite Realty Group Trust | 0.04% | 39,552 | $971K | Reduce -10.1% |
| CMC Commercial Metals Co. | 0.04% | 15,806 | $971K | Reduce -8.2% |
| IVE iShares S&P 500 Value ETF | 0.04% | 4,594 | $970K | Reduce -8.3% |
| AVDE Avantis International Equity | 0.04% | 11,277 | $957K | Add +12.7% |
| FNOV FT Vest US Equity Buffer ETF | 0.04% | 17,463 | $932K | Reduce -6.6% |
| SPHQ Invesco S&P 500 Quality ETF | 0.04% | 12,212 | $918K | Add +14.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.04% | 3,797 | $902K | Add +14.8% |
| FDEC FT Vest U.S. Equity Buffer E | 0.03% | 17,995 | $895K | Reduce -7.0% |
| FFEB FT Vest US Equity Buffer ETF | 0.03% | 15,913 | $889K | Add +5.6% |
| IWN iShares Russell 2000 Value E | 0.03% | 4,640 | $880K | Reduce -31.7% |
| GOOGL Alphabet Inc. Class A | 0.03% | 3,021 | $869K | Reduce -1.5% |
| META Meta Platforms Inc. Class A | 0.03% | 1,516 | $867K | Add +0.7% |
| KW Kennedy-Wilson Holdings Inc. | 0.03% | 80,103 | $867K | Reduce -9.9% |
| AROW Arrow Financial Corp. | 0.03% | 25,695 | $863K | Reduce -9.6% |
| UNF Unifirst Corp. | 0.03% | 3,386 | $852K | Reduce -8.5% |
| GLNG Golar LNG Ltd. | 0.03% | 15,571 | $843K | Reduce -9.4% |
| JXN Jackson Financial Inc. Class A | 0.03% | 7,958 | $841K | Reduce -9.3% |
| PRK Park National Corp. | 0.03% | 5,131 | $839K | Reduce -9.9% |
| UMBF Umb Financial Corp. | 0.03% | 7,433 | $838K | Reduce -9.2% |
| FJAN FT Vest U.S. Equity Buffer E | 0.03% | 16,523 | $833K | New |
| SANM Sanmina Corp. | 0.03% | 6,410 | $831K | Reduce -33.4% |
| FDVV Fidelity High Dividend ETF | 0.03% | 15,022 | $830K | Add +0.8% |
| CSCO Cisco Systems Inc. | 0.03% | 10,656 | $827K | Add +1.2% |
| VCLT Vanguard Long-Term Corp. Bond | 0.03% | 61,523,028 | $823K | Add +7174.5% |
| EFV iShares MSCI Eafe Value ETF | 0.03% | 11,039 | $821K | Reduce -19.5% |
Portfolio Sells Q4 2025 → Q1 2026
| BND Vanguard Total Bond Market | Reduce -91.2% | 0.01% | −0.10 |
| CLF Cleveland-Cliffs Inc. | Reduce -8.7% | 0.20% | −0.09 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.03 |
| FJUL FT Vest US Equity Buffer ETF | Sold out | 0.00% | −0.02 |
| GDEC FT Vest US Equity Moderate B | Reduce -75.4% | 0.01% | −0.02 |
| SANM Sanmina Corp. | Reduce -33.4% | 0.03% | −0.01 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.01 |
| FTMN FR Minnesota Muni Inc. ETF | Reduce -50.9% | 0.02% | −0.01 |
| CBRE CBRE Group Inc. Class A | Reduce -1.2% | 4.65% | −0.01 |
| IWD iShares Russell 1000 Value E | Sold out | 0.00% | −0.01 |
| WELL Welltower Inc. | Reduce -39.1% | 0.03% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.01 |
| AEO American Eagle Outfitters | Reduce -9.1% | 0.01% | −0.01 |
| IWN iShares Russell 2000 Value E | Reduce -31.7% | 0.03% | −0.01 |
| LUMN Lumen Technologies Inc. | Reduce -32.5% | 0.01% | −0.00 |
| UNH Unitedhealth Group Inc. | Reduce -25.3% | 0.01% | −0.00 |
| ALIT Alight Inc. Class A | Sold out | 0.00% | −0.00 |
| WFC Wells Fargo & Co. | Reduce -12.3% | 0.02% | −0.00 |
| IRT Independence Realty Trust Inc. | Reduce -8.9% | 0.03% | −0.00 |
| GTN Gray Media Inc. | Reduce -20.3% | 0.01% | −0.00 |
| NXST Nexstar Media Group Inc. | Reduce -18.9% | 0.01% | −0.00 |
| WD Walker & Dunlop Inc. | Reduce -7.4% | 0.01% | −0.00 |
| ABG Asbury Automotive Group | Reduce -11.6% | 0.01% | −0.00 |
| PRAA Pra Group Inc. | Reduce -24.4% | 0.01% | −0.00 |
| CFG Citizens Financial Group | Reduce -26.2% | 0.01% | −0.00 |
| UPS United Parcel Service Class B | Reduce -23.3% | 0.02% | −0.00 |
| PACB Pacific Biosciences of Calif | Sold out | 0.00% | −0.00 |
| CVS CVS Health Corp. | Reduce -13.7% | 0.02% | −0.00 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -14.9% | 0.04% | −0.00 |
| GT Goodyear Tire & Rubber Co. | Reduce -2.8% | 0.01% | −0.00 |
| TFC Truist Financial Corp. | Reduce -16.7% | 0.01% | −0.00 |
| COLB Columbia Banking System Inc. | Reduce -20.1% | 0.01% | −0.00 |
| CMC Commercial Metals Co. | Reduce -8.2% | 0.04% | −0.00 |
| UGI Ugi Corp. | Reduce -19.2% | 0.01% | −0.00 |
| AES AES Corp. | Reduce -19.4% | 0.01% | −0.00 |
| GPI Group 1 Automotive Inc. | Reduce -4.7% | 0.02% | −0.00 |
| MFC Manulife Financial Corp. | Reduce -16.4% | 0.01% | −0.00 |
| MQ Marqeta Inc. | Reduce -9.2% | 0.01% | −0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -18.3% | 0.02% | −0.00 |
| CMTG Claros Mortgage Trust Inc. | Reduce -2.1% | 0.00% | −0.00 |
| OMC Omnicom Group | Reduce -12.7% | 0.01% | −0.00 |
| KBH KB Home | Reduce -8.8% | 0.01% | 0.00 |
| IWR iShares Russell Mid-Cap ETF | Reduce -16.4% | 0.01% | +0.00 |
| EFV iShares MSCI Eafe Value ETF | Reduce -19.5% | 0.03% | +0.00 |
| TROW T Rowe Price Group Inc. | Reduce -1.3% | 0.01% | +0.00 |
| MTH Meritage Homes Corp. | Reduce -8.8% | 0.01% | +0.00 |
| STAG Stag Industrial Inc. | Reduce -11.8% | 0.01% | +0.00 |
| BRSP Brightspire Capital Inc. | Reduce -10.9% | 0.01% | +0.00 |
| DECM FT Vest US Eq Max Buf Dec | Reduce -9.4% | 0.01% | +0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| KORP American Century Diversified | Add +10.5% | 1.27% | +0.30 |
| AVLV Avantis US Large Cap Value | Add +12.0% | 0.61% | +0.18 |
| IEFA iShares Core MSCI Eafe ETF | Add +6.4% | 0.77% | +0.17 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +6.1% | 0.71% | +0.15 |
| ISCG iShares Morningstar Small-Ca | Add +6.0% | 0.69% | +0.14 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +11.7% | 0.51% | +0.14 |
| DGRO iShares Core Dividend Growth | Add +11.6% | 0.43% | +0.11 |
| HDV iShares Core High Dividend E | Add +10.3% | 0.25% | +0.08 |
| IUSV iShares Core S&P U.S. Value | Add +14.5% | 0.28% | +0.08 |
| IUSG iShares Core S&P U.S. Growth | Add +11.0% | 0.39% | +0.07 |
| PALC Pacer Lunt LRG Cap Multi-Fac | Add +34.3% | 0.17% | +0.06 |
| MTUM iShares MSCI USA Momentum Fa | Add +27.9% | 0.19% | +0.06 |
| ZALT Innovator US Eq 10 Buffer | Add +5.5% | 0.23% | +0.05 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +2.1% | 0.20% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +7.8% | 0.17% | +0.03 |
| FJAN FT Vest U.S. Equity Buffer E | New | 0.03% | +0.03 |
| SGOV iShares 0-3 Month Treasury B | Add +3.4% | 0.16% | +0.03 |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | Add +3.0% | 0.17% | +0.03 |
| FMAR FT Vest US Equity Buffer ETF | New | 0.03% | +0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +1.3% | 0.30% | +0.02 |
| FESM Fidelity Enhanced Small Cap | Add +10.6% | 0.09% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +21.1% | 0.08% | +0.02 |
| ECHO Echostar Corp. Class A | New | 0.02% | +0.02 |
| VZ Verizon Communications Inc. | Add +4.8% | 0.05% | +0.02 |
| XLK SS Technology Select Sector | Add +30.8% | 0.06% | +0.02 |
| TTMI TTM Technologies | New | 0.02% | +0.02 |
| FIW First Trust Water ETF | Add +5.6% | 0.11% | +0.02 |
| JNJ Johnson & Johnson | Add +0.6% | 0.06% | +0.02 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.02% | +0.02 |
| HL Hecla Mining Co. | New | 0.02% | +0.02 |
| XLG Invesco S&P 500 Top 50 ETF | Add +2.9% | 0.13% | +0.02 |
| BALT Inn Defined Wealth Shield | Add +8.0% | 0.07% | +0.01 |
| DRI Darden Restaurants Inc. | New | 0.01% | +0.01 |
| FEBM FT Vest US Eq Max Buf Feb | Add +105.2% | 0.02% | +0.01 |
| BLCR iShares LRG CP CR Act ETF-Ui | New | 0.01% | +0.01 |
| WMT Walmart Inc. | Add +0.7% | 0.05% | +0.01 |
| PRAX Praxis Precision Medicines I | New | 0.01% | +0.01 |
| XEL Xcel Energy Inc. | Add +0.0% | 0.06% | +0.01 |
| T AT&T Inc. | Add +4.2% | 0.04% | +0.01 |
| PBF PBF Energy Inc. Class A | New | 0.01% | +0.01 |
| CDE Coeur Mining Inc. | New | 0.01% | +0.01 |
| CGSD Cap Group Short Duration | New | 0.01% | +0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +18.5% | 0.04% | +0.01 |
| AVDE Avantis International Equity | Add +12.7% | 0.04% | +0.01 |
| JUNM FT Vest US Eq Max Buf June | Add +3.1% | 0.05% | +0.01 |
| QGRO American Century US Quality | Add +16.2% | 0.05% | +0.01 |
| PTEN Patterson-Uti Energy Inc. | Add +53.9% | 0.01% | +0.01 |
| MARM Ftvestus Max Buff ETF March | Add +67.6% | 0.02% | +0.01 |
| SPHQ Invesco S&P 500 Quality ETF | Add +14.0% | 0.04% | +0.01 |
| CORO Ish Intl CTRY Rot Act ETF | New | 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 |