Galvin, Gaustad & Stein, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Galvin, Gaustad & Stein, LLC reported 179 stock positions worth $1.1 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 3.3% of the portfolio, followed by Unitedhealth (UNH, 2.8%) and Vanguard Ftse Developed ETF (VEA, 2.7%). Compared with Q4 2024, it opened 9 new positions, sold out of 10, added to 60 and reduced 96. The biggest buy was a new position in Mattel (MAT) and the biggest sale Taiwan Semiconductor-SP ADR (TSM, shares −12%).
- Most Recent 13F
- Q2 2026
- Location
- Scottsdale, AZ
- CIK
- 0001840945
- Portfolio Value
- $1.1B (Q1 2025)
- SEC Filing
- 0001172661-25-001611 ↗ filed May 7, 2025
Holdings Value
Holdings 179 stocks · $1.1B
| IEFA iShares Core MSCI Eafe ETF | 3.31% | 482,449 | $36.5M | Add +2.3% |
| UNH Unitedhealth Group Inc. | 2.76% | 58,225 | $30.5M | Reduce -3.2% |
| VEA Vanguard Ftse Developed ETF | 2.74% | 595,585 | $30.3M | Add +0.3% |
| JPM JPMorgan Chase & Co. | 2.60% | 116,800 | $28.7M | Reduce -10.0% |
| V Visa Inc. Class A | 2.55% | 80,368 | $28.2M | Reduce -5.2% |
| AMZN Amazon.com Inc. | 2.46% | 142,508 | $27.1M | Reduce -3.3% |
| AZO AutoZone Inc. | 2.45% | 7,093 | $27.0M | Reduce -3.3% |
| HCA HCA Healthcare Inc. | 2.45% | 78,107 | $27.0M | Add +29.9% |
| MSFT Microsoft Corp. | 2.40% | 70,639 | $26.5M | Reduce -0.2% |
| AGG iShares Core U.S. Aggregate | 2.38% | 265,336 | $26.2M | Add +2.1% |
| SCHR Schwab Intermediate-Term US | 2.25% | 996,700 | $24.8M | Add +1.9% |
| LULU Lululemon Athletica Inc. | 2.20% | 85,764 | $24.3M | Add +0.1% |
| AAPL Apple Inc. | 2.17% | 107,786 | $23.9M | Reduce -7.1% |
| VSS Vanguard Ftse All Wo X-US SC | 2.11% | 201,330 | $23.3M | Add +1.3% |
| UBER Uber Technologies Inc. | 2.10% | 318,389 | $23.2M | Add +7.0% |
| MBB iShares MBS ETF | 2.02% | 237,903 | $22.3M | Add +0.1% |
| KO The Coca-Cola Co. | 2.01% | 309,047 | $22.1M | Reduce -29.0% |
| IJR iShares Core S&P Small-Cap E | 1.84% | 193,789 | $20.3M | Reduce -5.7% |
| WM Waste Management Inc. | 1.74% | 83,092 | $19.2M | Reduce -1.4% |
| HD Home Depot Inc. | 1.73% | 51,937 | $19.0M | Add +0.1% |
| EOG EOG Resources Inc. | 1.71% | 146,819 | $18.8M | Add +1.1% |
| PPL PPL Corp. | 1.70% | 519,643 | $18.8M | Reduce -2.5% |
| AXP American Express Co. | 1.69% | 69,414 | $18.7M | Reduce -1.0% |
| LH Labcorp Holdings Inc. | 1.60% | 75,774 | $17.6M | Reduce -13.3% |
| CPRT Copart Inc. | 1.55% | 302,513 | $17.1M | Reduce -2.7% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 1.52% | 199,387 | $16.7M | Reduce -9.5% |
| BND Vanguard Total Bond Market | 1.46% | 218,670 | $16.1M | Reduce -0.2% |
| PG The Procter & Gamble Co. | 1.45% | 93,588 | $15.9M | Reduce -1.6% |
| SCHO Schwab Short-Term US Treas | 1.44% | 654,199 | $15.9M | Add +13.8% |
| GS Goldman Sachs Group Inc. | 1.41% | 28,392 | $15.5M | Add +2.4% |
| TSM Taiwan Semiconductor-SP ADR | 1.34% | 89,067 | $14.8M | Reduce -12.3% |
| UNP Union Pacific Corp. | 1.31% | 60,985 | $14.4M | Reduce -21.8% |
| MCHI iShares MSCI China ETF | 1.30% | 264,411 | $14.4M | Add +10.5% |
| GE General Electric filed as GE AEROSPACE | 1.29% | 70,922 | $14.2M | Add +60.2% |
| STIP iShares 0-5 Year Tips Bond E | 1.24% | 132,295 | $13.7M | Add +0.4% |
| IEMG iShares Core MSCI Emerging | 1.22% | 249,698 | $13.5M | Add +19.7% |
| CPB The Campbell's Company | 1.22% | 336,213 | $13.4M | Reduce -4.7% |
| GEHC GE Healthcare Technology | 1.21% | 165,788 | $13.4M | Add +6.2% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.21% | 253,506 | $13.3M | Reduce -3.0% |
| IJH iShares Core S&P Midcap ETF | 1.21% | 227,876 | $13.3M | Add +7.5% |
| ASML ASML Holding NV-NY Reg SHS | 1.16% | 19,268 | $12.8M | Reduce -10.9% |
| CVX Chevron Corp. | 1.10% | 72,517 | $12.1M | Add +1.6% |
| MAT Mattel Inc. | 1.05% | 596,618 | $11.6M | New |
| LINE Lineage Inc. | 1.02% | 192,786 | $11.3M | Add +20.9% |
| ZTS Zoetis Inc. | 0.97% | 64,846 | $10.7M | New |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.96% | 231,019 | $10.6M | Add +3.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.94% | 21,361 | $10.4M | Reduce -1.7% |
| GOOG Alphabet Inc. Class C | 0.92% | 65,062 | $10.2M | Reduce -10.0% |
| VWO Vanguard Ftse Emerging Marke | 0.89% | 216,416 | $9.8M | Add +16.3% |
| UTHR United Therapeutics Corp. | 0.85% | 30,488 | $9.4M | Add +15.0% |
| BIV Vanguard Intermediate-Term B | 0.85% | 122,030 | $9.3M | Add +1.0% |
| VCIT Vanguard Int-Term Corporate | 0.79% | 106,868 | $8.7M | Reduce -10.1% |
| GOOGL Alphabet Inc. Class A | 0.76% | 54,323 | $8.4M | Reduce -6.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.75% | 157,452 | $8.2M | Reduce -18.8% |
| BSV Vanguard Short-Term Bond ETF | 0.62% | 87,987 | $6.9M | Reduce -27.3% |
| COST Costco Wholesale Corp. | 0.62% | 7,245 | $6.9M | Reduce -15.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.57% | 79,132 | $6.2M | Reduce -6.3% |
| MA Mastercard Inc. Class A | 0.46% | 9,235 | $5.1M | Reduce -3.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.45% | 22,267 | $4.9M | Reduce -2.3% |
| MUB iShares National Muni Bond E | 0.39% | 40,349 | $4.3M | Reduce -18.2% |
| IVV iShares Core S&P 500 ETF | 0.37% | 7,351 | $4.1M | Reduce -0.2% |
| ICSH iShares Ultra Short Duration | 0.37% | 79,510 | $4.0M | Reduce -2.5% |
| NVDA Nvidia Corp. | 0.29% | 29,943 | $3.2M | Reduce -12.1% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.28% | 62,717 | $3.1M | Reduce -6.8% |
| JMUB JPMorgan Municipal ETF | 0.26% | 56,653 | $2.8M | Reduce -13.8% |
| SCHQ Schwab Long-Term US Treasury | 0.24% | 82,321 | $2.7M | Reduce -32.2% |
| JNJ Johnson & Johnson | 0.24% | 15,859 | $2.6M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.22% | 20,700 | $2.5M | Reduce -3.0% |
| JPST JPMorgan Ultra-Short Income | 0.21% | 45,493 | $2.3M | Reduce -12.6% |
| VIG Vanguard Dividend Apprec ETF | 0.20% | 11,353 | $2.2M | Add +1.3% |
| DIVB iShares Core Dividend ETF | 0.19% | 42,787 | $2.1M | Add +17.7% |
| JIRE JPMorgan Int Res Enh Eqty | 0.18% | 31,465 | $2.0M | Add +9.7% |
| SCHP Schwab U.S. Tips ETF | 0.18% | 72,082 | $1.9M | Reduce -29.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.18% | 3,637 | $1.9M | Reduce -2.0% |
| JEPI JPMorgan Equity Premium Inco | 0.17% | 31,928 | $1.8M | Add +2.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 6,047 | $1.7M | Reduce -2.4% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.15% | 32,327 | $1.6M | Reduce -21.2% |
| SUB iShares Short-Term National | 0.15% | 15,288 | $1.6M | Reduce -14.2% |
| SCHD Schwab US DVD Equity ETF | 0.14% | 56,150 | $1.6M | Add +5.0% |
| FBND Fidelity Total Bond ETF | 0.14% | 33,965 | $1.6M | Reduce -29.9% |
| PM Philip Morris International | 0.14% | 9,529 | $1.5M | Reduce -0.6% |
| DGX Quest Diagnostics Inc. | 0.13% | 8,542 | $1.4M | Reduce -12.7% |
| META Meta Platforms Inc. Class A | 0.13% | 2,469 | $1.4M | Reduce -7.5% |
| VCRB Vanguard Core Bond ETF | 0.13% | 18,120 | $1.4M | Add +42.8% |
| DFS Discover Financial Services | 0.12% | 7,993 | $1.4M | Reduce -11.1% |
| BLV Vanguard Long-Term Bond ETF | 0.12% | 18,829 | $1.3M | Reduce -36.0% |
| LLY Eli Lilly & Co. | 0.12% | 1,574 | $1.3M | Reduce -11.0% |
| EPD Enterprise Products Partners | 0.11% | 35,244 | $1.2M | Add +1.3% |
| HON Honeywell International Inc. | 0.11% | 5,605 | $1.2M | Reduce -2.3% |
| BOKF Bok Financial Corporation | 0.10% | 10,815 | $1.1M | No change |
| ITOT iShares Core S&P Total U.S. | 0.10% | 9,120 | $1.1M | Add +10.2% |
| XLF SS Financial Select Sector | 0.10% | 22,283 | $1.1M | Reduce -5.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.10% | 3,091 | $1.1M | Reduce -3.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.09% | 6,047 | $1.0M | Add +8.0% |
| IWF iShares Russell 1000 Growth | 0.09% | 2,847 | $1.0M | Add +1.7% |
| ABBV Abbvie Inc. | 0.09% | 4,878 | $1.0M | Add +16.0% |
| BLK BlackRock Inc. | 0.09% | 1,011 | $956K | Reduce -7.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.08% | 1,671 | $935K | Add +6.4% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.08% | 17,500 | $906K | Add +40.0% |
| VCLT Vanguard Long-Term Corp. Bond | 0.08% | 11,134 | $845K | Reduce -43.9% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $15.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 12,429 | $14.9M | Add +0.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 327 | $404K | Reduce -12.1% |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q4 2024 → Q1 2025
| TSM Taiwan Semiconductor-SP ADR | Reduce -12.3% | 1.34% | −0.48 |
| AMZN Amazon.com Inc. | Reduce -3.3% | 2.46% | −0.48 |
| AAPL Apple Inc. | Reduce -7.1% | 2.17% | −0.47 |
| KO The Coca-Cola Co. | Reduce -29.0% | 2.01% | −0.45 |
| GOOG Alphabet Inc. Class C | Reduce -10.0% | 0.92% | −0.33 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.7% | 1.84% | −0.31 |
| UNP Union Pacific Corp. | Reduce -21.8% | 1.31% | −0.31 |
| MSFT Microsoft Corp. | Reduce -0.2% | 2.40% | −0.30 |
| GOOGL Alphabet Inc. Class A | Reduce -6.1% | 0.76% | −0.23 |
| JPM JPMorgan Chase & Co. | Reduce -10.0% | 2.60% | −0.23 |
| BSV Vanguard Short-Term Bond ETF | Reduce -27.3% | 0.62% | −0.22 |
| LH Labcorp Holdings Inc. | Reduce -13.3% | 1.60% | −0.22 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -10.9% | 1.16% | −0.20 |
| AXP American Express Co. | Reduce -1.0% | 1.69% | −0.20 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -18.8% | 0.75% | −0.16 |
| ZM Zoom Communications Inc. | Reduce -69.9% | 0.06% | −0.15 |
| CPB The Campbell's Company | Reduce -4.7% | 1.22% | −0.12 |
| NVDA Nvidia Corp. | Reduce -12.1% | 0.29% | −0.12 |
| SCHQ Schwab Long-Term US Treasury | Reduce -32.2% | 0.24% | −0.10 |
| COST Costco Wholesale Corp. | Reduce -15.8% | 0.62% | −0.09 |
| MUB iShares National Muni Bond E | Reduce -18.2% | 0.39% | −0.09 |
| VCIT Vanguard Int-Term Corporate | Reduce -10.1% | 0.79% | −0.07 |
| TEL Te Connectivity PLC | Sold out | 0.00% | −0.07 |
| CPRT Copart Inc. | Reduce -2.7% | 1.55% | −0.07 |
| SCHP Schwab U.S. Tips ETF | Reduce -29.1% | 0.18% | −0.06 |
| BLV Vanguard Long-Term Bond ETF | Reduce -36.0% | 0.12% | −0.06 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -43.9% | 0.08% | −0.06 |
| FBND Fidelity Total Bond ETF | Reduce -29.9% | 0.14% | −0.06 |
| TSLA Tesla Inc. | Reduce -60.0% | 0.02% | −0.06 |
| VNQ Vanguard Real Estate ETF | Reduce -48.6% | 0.06% | −0.06 |
| SPSB SS SPDR P St C Corp. ETF | Sold out | 0.00% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -2.3% | 0.45% | −0.05 |
| JMUB JPMorgan Municipal ETF | Reduce -13.8% | 0.26% | −0.04 |
| JMST JPM Ultra-Short Muni Income | Reduce -21.2% | 0.15% | −0.04 |
| NOW ServiceNow Inc. | Reduce -22.5% | 0.05% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -6.3% | 0.57% | −0.03 |
| JPST JPMorgan Ultra-Short Income | Reduce -12.6% | 0.21% | −0.03 |
| FREL Fidelity MSCI RL Est Indx | Sold out | 0.00% | −0.03 |
| TER Teradyne Inc. | Sold out | 0.00% | −0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Sold out | 0.00% | −0.03 |
| VST Vistra Corp. | Sold out | 0.00% | −0.03 |
| BX Blackstone Inc. | Reduce -12.5% | 0.06% | −0.03 |
| SUB iShares Short-Term National | Reduce -14.2% | 0.15% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -6.8% | 0.28% | −0.02 |
| EA Electronic Arts Inc. | Reduce -44.1% | 0.03% | −0.02 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.02 |
| FUTY Fidelity MSCI US Utilities | Reduce -41.3% | 0.03% | −0.02 |
| BNY Bank of New York Mellon Corp. | Reduce -9.5% | 1.52% | −0.02 |
| FLRN SS SPDR BB Ig Float RT ETF | Sold out | 0.00% | −0.02 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| MAT Mattel Inc. | New | 1.05% | +1.05 |
| ZTS Zoetis Inc. | New | 0.97% | +0.97 |
| HCA HCA Healthcare Inc. | Add +29.9% | 2.45% | +0.81 |
| GE General Electric | Add +60.2% | 1.29% | +0.62 |
| UBER Uber Technologies Inc. | Add +7.0% | 2.10% | +0.47 |
| IEFA iShares Core MSCI Eafe ETF | Add +2.3% | 3.31% | +0.30 |
| MCHI iShares MSCI China ETF | Add +10.5% | 1.30% | +0.29 |
| IEMG iShares Core MSCI Emerging | Add +19.7% | 1.22% | +0.23 |
| SCHO Schwab Short-Term US Treas | Add +13.8% | 1.44% | +0.19 |
| LINE Lineage Inc. | Add +20.9% | 1.02% | +0.18 |
| VEA Vanguard Ftse Developed ETF | Add +0.3% | 2.74% | +0.17 |
| CVX Chevron Corp. | Add +1.6% | 1.10% | +0.16 |
| VWO Vanguard Ftse Emerging Marke | Add +16.3% | 0.89% | +0.14 |
| GEHC GE Healthcare Technology | Add +6.2% | 1.21% | +0.10 |
| AGG iShares Core U.S. Aggregate | Add +2.1% | 2.38% | +0.09 |
| EOG EOG Resources Inc. | Add +1.1% | 1.71% | +0.09 |
| SCHR Schwab Intermediate-Term US | Add +1.9% | 2.25% | +0.09 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +3.5% | 0.96% | +0.05 |
| VSS Vanguard Ftse All Wo X-US SC | Add +1.3% | 2.11% | +0.04 |
| MBB iShares MBS ETF | Add +0.1% | 2.02% | +0.04 |
| VCRB Vanguard Core Bond ETF | Add +42.8% | 0.13% | +0.04 |
| STIP iShares 0-5 Year Tips Bond E | Add +0.4% | 1.24% | +0.04 |
| LVHI Franklin International Low V | New | 0.03% | +0.03 |
| DIVB iShares Core Dividend ETF | Add +17.7% | 0.19% | +0.03 |
| JIRE JPMorgan Int Res Enh Eqty | Add +9.7% | 0.18% | +0.03 |
| ADBE Adobe Inc. | New | 0.03% | +0.03 |
| IBIT iShares Bitcoin Trust ETF | Add +158.1% | 0.05% | +0.03 |
| BIV Vanguard Intermediate-Term B | Add +1.0% | 0.85% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +144.4% | 0.05% | +0.03 |
| ABBV Abbvie Inc. | Add +16.0% | 0.09% | +0.02 |
| MDLZ Mondelez International Inc. Class A | New | 0.02% | +0.02 |
| EFA iShares MSCI Eafe ETF | New | 0.02% | +0.02 |
| KVUE Kenvue Inc. | New | 0.02% | +0.02 |
| TOTL SS Doubleline TR Tact ETF | New | 0.02% | +0.02 |
| JEPQ JPM Nasdaq Equity Premium | Add +40.0% | 0.08% | +0.02 |
| IWS iShares Russell Mid-Cap Valu | New | 0.02% | +0.02 |
| VCRM Vanguard Core Tax-Ex Bond | Add +28.8% | 0.06% | +0.01 |
| DFAI Dimensional International Co. | Add +16.2% | 0.06% | +0.01 |
| EPD Enterprise Products Partners | Add +1.3% | 0.11% | +0.01 |
| SCHD Schwab US DVD Equity ETF | Add +5.0% | 0.14% | +0.01 |
| MCK McKesson Corp. | Add +0.1% | 0.06% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +8.0% | 0.09% | +0.01 |
| LIN Linde PLC | Add +29.8% | 0.03% | +0.01 |
| AVGO Broadcom Inc. | Add +73.7% | 0.04% | +0.01 |
| SSO Proshares Ultra S&P500 | Add +26.7% | 0.06% | +0.01 |
| CSCO Cisco Systems Inc. | Add +9.3% | 0.05% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +7.5% | 1.21% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +12.5% | 0.03% | +0.00 |
| MRK Merck & Co. Inc. | Add +23.4% | 0.04% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +10.2% | 0.10% | +0.00 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.9% | 12,429 | $14.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -12.1% | 327 | $404K |
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 |