Galvin, Gaustad & Stein, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 17, 2025), Galvin, Gaustad & Stein, LLC reported 180 stock positions worth $1.1 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 3.0% of the portfolio, followed by Lululemon Athletica (LULU, 3.0%) and Amazon.com (AMZN, 2.9%). Compared with Q3 2024, it opened 15 new positions, sold out of 17, added to 60 and reduced 85. The biggest buy was a new position in HCA Healthcare (HCA) and the biggest sale Zoom Communications (ZM, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- Scottsdale, AZ
- CIK
- 0001840945
- Portfolio Value
- $1.1B (Q4 2024)
- SEC Filing
- 0001172661-25-000260 ↗ filed Jan 17, 2025
Holdings Value
Holdings 180 stocks · $1.1B
| IEFA iShares Core MSCI Eafe ETF | 3.01% | 471,680 | $33.1M | Reduce -8.1% |
| LULU Lululemon Athletica Inc. | 2.97% | 85,666 | $32.8M | Add +13.4% |
| AMZN Amazon.com Inc. | 2.93% | 147,362 | $32.3M | Add +5.8% |
| JPM JPMorgan Chase & Co. | 2.82% | 129,784 | $31.1M | Reduce -5.5% |
| UNH Unitedhealth Group Inc. | 2.76% | 60,167 | $30.4M | Reduce -1.3% |
| MSFT Microsoft Corp. | 2.71% | 70,749 | $29.8M | Reduce -2.0% |
| AAPL Apple Inc. | 2.64% | 116,022 | $29.1M | Reduce -6.8% |
| VEA Vanguard Ftse Developed ETF | 2.58% | 594,017 | $28.4M | Reduce -4.4% |
| KO The Coca-Cola Co. | 2.46% | 435,277 | $27.1M | Add +0.9% |
| V Visa Inc. Class A | 2.43% | 84,756 | $26.8M | Reduce -1.2% |
| AGG iShares Core U.S. Aggregate | 2.29% | 259,917 | $25.2M | Add +3.0% |
| SCHR Schwab Intermediate-Term US | 2.16% | 977,769 | $23.8M | Add +3.0% |
| IJR iShares Core S&P Small-Cap E | 2.15% | 205,432 | $23.7M | Add +4.3% |
| AZO AutoZone Inc. | 2.13% | 7,333 | $23.5M | Reduce -1.2% |
| VSS Vanguard Ftse All Wo X-US SC | 2.06% | 198,666 | $22.7M | Reduce -0.3% |
| MBB iShares MBS ETF | 1.98% | 237,670 | $21.8M | Add +0.1% |
| AXP American Express Co. | 1.89% | 70,114 | $20.8M | Reduce -0.7% |
| HD Home Depot Inc. | 1.83% | 51,890 | $20.2M | Reduce -1.2% |
| TSM Taiwan Semiconductor-SP ADR | 1.82% | 101,575 | $20.1M | Reduce -1.9% |
| LH Labcorp Holdings Inc. | 1.82% | 87,412 | $20.0M | Reduce -1.2% |
| HCA HCA Healthcare Inc. | 1.64% | 60,115 | $18.0M | New |
| UBER Uber Technologies Inc. | 1.63% | 297,545 | $17.9M | Add +34.6% |
| CPRT Copart Inc. | 1.62% | 310,878 | $17.8M | Reduce -2.6% |
| EOG EOG Resources Inc. | 1.62% | 145,262 | $17.8M | Add +6.6% |
| UNP Union Pacific Corp. | 1.62% | 78,024 | $17.8M | Add +2.8% |
| PPL PPL Corp. | 1.57% | 532,824 | $17.3M | Reduce -2.6% |
| WM Waste Management Inc. | 1.54% | 84,272 | $17.0M | Reduce -9.5% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.54% | 220,316 | $16.9M | Reduce -11.3% |
| PG The Procter & Gamble Co. | 1.45% | 95,082 | $15.9M | Add +2.1% |
| GS Goldman Sachs Group Inc. | 1.44% | 27,718 | $15.9M | Reduce -8.1% |
| BND Vanguard Total Bond Market | 1.43% | 219,204 | $15.8M | Add +5.0% |
| ASML ASML Holding NV-NY Reg SHS | 1.36% | 21,615 | $15.0M | Add +7081.1% |
| CPB The Campbell's Company | 1.34% | 352,647 | $14.8M | New |
| SCHO Schwab Short-Term US Treas | 1.26% | 574,822 | $13.8M | Add +22.2% |
| GOOG Alphabet Inc. Class C | 1.25% | 72,273 | $13.8M | Reduce -17.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.22% | 261,354 | $13.5M | Add +3.4% |
| STIP iShares 0-5 Year Tips Bond E | 1.20% | 131,782 | $13.3M | Add +1.1% |
| IJH iShares Core S&P Midcap ETF | 1.20% | 211,951 | $13.2M | Add +4.8% |
| GEHC GE Healthcare Technology | 1.11% | 156,123 | $12.2M | Reduce -33.3% |
| MCHI iShares MSCI China ETF | 1.02% | 239,248 | $11.2M | New |
| GOOGL Alphabet Inc. Class A | 0.99% | 57,828 | $10.9M | Reduce -18.8% |
| IEMG iShares Core MSCI Emerging | 0.99% | 208,594 | $10.9M | Reduce -2.1% |
| CVX Chevron Corp. | 0.94% | 71,403 | $10.3M | Add +10.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.92% | 223,221 | $10.1M | Add +4.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.91% | 193,901 | $10.0M | Add +0.2% |
| VCIT Vanguard Int-Term Corporate | 0.87% | 118,913 | $9.5M | Reduce -9.4% |
| UTHR United Therapeutics Corp. | 0.85% | 26,512 | $9.4M | Add +6.0% |
| BSV Vanguard Short-Term Bond ETF | 0.85% | 120,955 | $9.3M | Add +1.0% |
| LINE Lineage Inc. | 0.85% | 159,426 | $9.3M | New |
| BIV Vanguard Intermediate-Term B | 0.82% | 120,826 | $9.0M | Add +0.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.79% | 21,728 | $8.7M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.74% | 186,110 | $8.2M | Reduce -2.3% |
| COST Costco Wholesale Corp. | 0.72% | 8,600 | $7.9M | Reduce -56.9% |
| GE General Electric filed as GE AEROSPACE | 0.67% | 44,267 | $7.4M | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.60% | 84,422 | $6.6M | Reduce -3.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.50% | 22,796 | $5.5M | Reduce -2.3% |
| MUB iShares National Muni Bond E | 0.48% | 49,301 | $5.3M | Add +3.0% |
| MA Mastercard Inc. Class A | 0.46% | 9,533 | $5.0M | Reduce -0.8% |
| NVDA Nvidia Corp. | 0.42% | 34,081 | $4.6M | Reduce -0.8% |
| IVV iShares Core S&P 500 ETF | 0.39% | 7,367 | $4.3M | Reduce -16.6% |
| ICSH iShares Ultra Short Duration | 0.37% | 81,513 | $4.1M | Add +273.8% |
| SCHQ Schwab Long-Term US Treasury | 0.35% | 121,439 | $3.8M | Reduce -3.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.31% | 67,311 | $3.4M | Add +2.9% |
| JMUB JPMorgan Municipal ETF | 0.30% | 65,716 | $3.3M | Reduce -0.6% |
| SCHP Schwab U.S. Tips ETF | 0.24% | 101,686 | $2.6M | Add +1.6% |
| JPST JPMorgan Ultra-Short Income | 0.24% | 52,057 | $2.6M | Add +10.1% |
| JNJ Johnson & Johnson | 0.21% | 15,982 | $2.3M | No change |
| XOM Exxon Mobil Corp. | 0.21% | 21,344 | $2.3M | Add +1.7% |
| ZM Zoom Communications Inc. | 0.21% | 27,786 | $2.3M | Reduce -91.0% |
| VIG Vanguard Dividend Apprec ETF | 0.20% | 11,206 | $2.2M | Reduce -0.0% |
| FBND Fidelity Total Bond ETF | 0.20% | 48,479 | $2.2M | Add +0.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.19% | 41,023 | $2.1M | Reduce -2.6% |
| BLV Vanguard Long-Term Bond ETF | 0.18% | 29,444 | $2.0M | Reduce -1.6% |
| SUB iShares Short-Term National | 0.17% | 17,822 | $1.9M | Reduce -0.7% |
| JEPI JPMorgan Equity Premium Inco | 0.16% | 31,297 | $1.8M | Add +3.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 6,197 | $1.8M | Reduce -4.4% |
| DIVB iShares Core Dividend ETF | 0.16% | 36,352 | $1.7M | Add +3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 3,713 | $1.7M | Reduce -11.1% |
| JIRE JPMorgan Int Res Enh Eqty | 0.15% | 28,691 | $1.7M | Add +47.0% |
| META Meta Platforms Inc. Class A | 0.14% | 2,670 | $1.6M | No change |
| DFS Discover Financial Services | 0.14% | 8,990 | $1.6M | Reduce -0.2% |
| VCLT Vanguard Long-Term Corp. Bond | 0.13% | 19,833 | $1.5M | Reduce -21.3% |
| DGX Quest Diagnostics Inc. | 0.13% | 9,785 | $1.5M | Reduce -2.0% |
| SCHD Schwab US DVD Equity ETF | 0.13% | 53,487 | $1.5M | Reduce -0.9% |
| LLY Eli Lilly & Co. | 0.12% | 1,768 | $1.4M | Reduce -2.9% |
| HON Honeywell International Inc. | 0.12% | 5,738 | $1.3M | Reduce -91.4% |
| VNQ Vanguard Real Estate ETF | 0.12% | 14,347 | $1.3M | Reduce -81.3% |
| PM Philip Morris International | 0.10% | 9,585 | $1.2M | Reduce -11.2% |
| BOKF Bok Financial Corporation | 0.10% | 10,815 | $1.2M | No change |
| XLF SS Financial Select Sector | 0.10% | 23,576 | $1.1M | Reduce -25.9% |
| IWF iShares Russell 1000 Growth | 0.10% | 2,800 | $1.1M | No change |
| BLK BlackRock Inc. | 0.10% | 1,096 | $1.1M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.10% | 3,215 | $1.1M | Reduce -1.8% |
| EPD Enterprise Products Partners | 0.10% | 34,810 | $1.1M | No change |
| ITOT iShares Core S&P Total U.S. | 0.10% | 8,276 | $1.1M | Add +2.2% |
| XLK SS Technology Select Sector | 0.09% | 4,250 | $988K | Reduce -19.2% |
| UPS United Parcel Service Class B | 0.09% | 7,836 | $988K | No change |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.09% | 2,344 | $962K | Reduce -16.1% |
| VCRB Vanguard Core Bond ETF | 0.09% | 12,686 | $962K | New |
| BX Blackstone Inc. | 0.09% | 5,529 | $953K | Reduce -0.1% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $15.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 12,321 | $14.7M | Add +3.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 372 | $454K | Reduce -3.4% |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q3 2024 → Q4 2024
| ZM Zoom Communications Inc. | Reduce -91.0% | 0.21% | −1.75 |
| MTCH Match Group Inc. | Sold out | 0.00% | −1.32 |
| HON Honeywell International Inc. | Reduce -91.4% | 0.12% | −1.13 |
| COST Costco Wholesale Corp. | Reduce -56.9% | 0.72% | −0.88 |
| GEHC GE Healthcare Technology | Reduce -33.3% | 1.11% | −0.88 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -8.1% | 3.01% | −0.61 |
| VNQ Vanguard Real Estate ETF | Reduce -81.3% | 0.12% | −0.56 |
| UNH Unitedhealth Group Inc. | Reduce -1.3% | 2.76% | −0.46 |
| VEA Vanguard Ftse Developed ETF | Reduce -4.4% | 2.58% | −0.39 |
| FREL Fidelity MSCI RL Est Indx | Reduce -90.8% | 0.03% | −0.32 |
| VSS Vanguard Ftse All Wo X-US SC | Reduce -0.3% | 2.06% | −0.20 |
| WM Waste Management Inc. | Reduce -9.5% | 1.54% | −0.20 |
| EA Electronic Arts Inc. | Reduce -73.1% | 0.05% | −0.14 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.1% | 0.79% | −0.13 |
| VCIT Vanguard Int-Term Corporate | Reduce -9.4% | 0.87% | −0.13 |
| IEMG iShares Core MSCI Emerging | Reduce -2.1% | 0.99% | −0.12 |
| MSFT Microsoft Corp. | Reduce -2.0% | 2.71% | −0.10 |
| HD Home Depot Inc. | Reduce -1.2% | 1.83% | −0.09 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.3% | 0.74% | −0.08 |
| BNY Bank of New York Mellon Corp. | Reduce -11.3% | 1.54% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -18.8% | 0.99% | −0.07 |
| IVV iShares Core S&P 500 ETF | Reduce -16.6% | 0.39% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -17.0% | 1.25% | −0.07 |
| PPL PPL Corp. | Reduce -2.6% | 1.57% | −0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Sold out | 0.00% | −0.06 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.05 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -21.3% | 0.13% | −0.05 |
| SCHQ Schwab Long-Term US Treasury | Reduce -3.1% | 0.35% | −0.05 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −0.04 |
| SBUX Starbucks Corp. | Reduce -35.1% | 0.06% | −0.04 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -27.3% | 0.09% | −0.04 |
| BINC iShares Flex I A ETF-Usd Inc. | Sold out | 0.00% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -3.8% | 0.60% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -26.5% | 0.06% | −0.03 |
| SCHH Schwab US REIT ETF | Reduce -55.4% | 0.02% | −0.03 |
| XLF SS Financial Select Sector | Reduce -25.9% | 0.10% | −0.03 |
| ICLR Icon PLC | Sold out | 0.00% | −0.02 |
| VHT Vanguard Health Care ETF | Sold out | 0.00% | −0.02 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -2.9% | 0.12% | −0.02 |
| IYJ iShares U.S. Industrials ETF | Sold out | 0.00% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.02 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -11.1% | 0.15% | −0.02 |
| XLC SS Comm Select Sector SPDR | Sold out | 0.00% | −0.02 |
| BLV Vanguard Long-Term Bond ETF | Reduce -1.6% | 0.18% | −0.02 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −0.02 |
| KVUE Kenvue Inc. | Sold out | 0.00% | −0.02 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Sold out | 0.00% | −0.02 |
| EFA iShares MSCI Eafe ETF | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| HCA HCA Healthcare Inc. | New | 1.64% | +1.64 |
| CPB The Campbell's Company | New | 1.34% | +1.34 |
| ASML ASML Holding NV-NY Reg SHS | Add +7081.1% | 1.36% | +1.34 |
| LULU Lululemon Athletica Inc. | Add +13.4% | 2.97% | +1.12 |
| MCHI iShares MSCI China ETF | New | 1.02% | +1.02 |
| LINE Lineage Inc. | New | 0.85% | +0.85 |
| GE General Electric | New | 0.67% | +0.67 |
| AMZN Amazon.com Inc. | Add +5.8% | 2.93% | +0.59 |
| ICSH iShares Ultra Short Duration | Add +273.8% | 0.37% | +0.27 |
| SCHO Schwab Short-Term US Treas | Add +22.2% | 1.26% | +0.21 |
| UBER Uber Technologies Inc. | Add +34.6% | 1.63% | +0.13 |
| BLK BlackRock Inc. | New | 0.10% | +0.10 |
| EOG EOG Resources Inc. | Add +6.6% | 1.62% | +0.10 |
| VCRB Vanguard Core Bond ETF | New | 0.09% | +0.09 |
| CVX Chevron Corp. | Add +10.0% | 0.94% | +0.07 |
| IJR iShares Core S&P Small-Cap E | Add +4.3% | 2.15% | +0.07 |
| IJH iShares Core S&P Midcap ETF | Add +4.8% | 1.20% | +0.06 |
| VCRM Vanguard Core Tax-Ex Bond | New | 0.05% | +0.05 |
| UTHR United Therapeutics Corp. | Add +6.0% | 0.85% | +0.04 |
| JIRE JPMorgan Int Res Enh Eqty | Add +47.0% | 0.15% | +0.04 |
| SCZ iShares MSCI Eafe Small-Cap | Add +213.4% | 0.05% | +0.03 |
| TER Teradyne Inc. | New | 0.03% | +0.03 |
| XMHQ Invesco S&P Midcap Qual ETF | New | 0.03% | +0.03 |
| AIG American International Group | New | 0.03% | +0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.03% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | New | 0.02% | +0.02 |
| WFC Wells Fargo & Co. | New | 0.02% | +0.02 |
| JPST JPMorgan Ultra-Short Income | Add +10.1% | 0.24% | +0.02 |
| ISRG Intuitive Surgical Inc. | New | 0.02% | +0.02 |
| NOW ServiceNow Inc. | Add +4.7% | 0.09% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +27.2% | 0.06% | +0.02 |
| BND Vanguard Total Bond Market | Add +5.0% | 1.43% | +0.01 |
| IAU iShares Gold Trust | Add +43.4% | 0.03% | +0.01 |
| STIP iShares 0-5 Year Tips Bond E | Add +1.1% | 1.20% | +0.01 |
| AVGO Broadcom Inc. | Add +0.1% | 0.03% | +0.01 |
| MUB iShares National Muni Bond E | Add +3.0% | 0.48% | +0.01 |
| DFSV Dimensional US Small Cap Val | Add +11.8% | 0.05% | +0.01 |
| CSCO Cisco Systems Inc. | Add +0.1% | 0.05% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +2.2% | 0.10% | +0.00 |
| VST Vistra Corp. | Add +3.6% | 0.03% | +0.00 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +2.9% | 0.31% | +0.00 |
| TEL Te Connectivity PLC | Add +10.5% | 0.07% | +0.00 |
| FTEC Fidelity MSCI Info Tech Indx | Add +3.0% | 0.03% | +0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 0.08% | +0.00 |
| DIVB iShares Core Dividend ETF | Add +3.1% | 0.16% | +0.00 |
| QUAL iShares MSCI USA Quality Fac | Add +5.8% | 0.03% | +0.00 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +4.0% | 0.92% | +0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2.1% | 0.04% | +0.00 |
| DE Deere & Co. | Add +0.2% | 0.03% | +0.00 |
| DFAC Dimensional US Core Equity 2 | Add +0.3% | 0.04% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +3.1% | 12,321 | $14.7M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -3.4% | 372 | $454K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 259 | $1.3B | XLK, IEFA, VEA, NVDA, GE |
| Q1 2026 | 249 | $1.2B | XLK, IEFA, VEA, HCA, SCHR |
| Q4 2025 | 247 | $1.3B | IEFA, VEA, MSFT, JPM, HCA |
| Q3 2025 | 203 | $1.2B | IEFA, HCA, MSFT, VEA, JPM |
| Q2 2025 | 189 | $1.1B | IEFA, VEA, MSFT, HCA, JPM |
| Q1 2025 | 179 | $1.1B | IEFA, UNH, VEA, JPM, V |
| Q4 2024 | 180 | $1.1B | IEFA, LULU, AMZN, JPM, UNH |
| Q3 2024 | 182 | $1.1B | IEFA, UNH, VEA, MSFT, KO |
| Q2 2024 | 181 | $1.1B | IEFA, UNH, MSFT, VEA, JPM |
| Q1 2024 | 182 | $1.1B | IEFA, MSFT, VEA, JPM, UNH |