Galvin, Gaustad & Stein, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Galvin, Gaustad & Stein, LLC reported 189 stock positions worth $1.1 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 3.8% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 3.1%) and Microsoft (MSFT, 3.0%). Compared with Q1 2025, it opened 20 new positions, sold out of 10, added to 68 and reduced 75. The biggest buy was Blackstone (BX, shares +1777%) and the biggest sale an exit from Lululemon Athletica (LULU).

Most Recent 13F
Q2 2026
Location
Scottsdale, AZ
CIK
0001840945
Portfolio Value
$1.1B (Q2 2025)
SEC Filing
0001172661-25-002700 ↗ filed Jul 24, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.1B Q2 2024 Q3 2024: $1.1B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.1B Q1 2025 Q2 2025: $1.1B $1.1B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.3B Q4 2025 Q1 2026: $1.2B Q1 2026 Q2 2026: $1.3B Q2 2026

Holdings 189 stocks · $1.1B
IEFA iShares Core MSCI Eafe ETF 3.76% 515,574 $43.0M Add +6.9%
VEA Vanguard Ftse Developed ETF 3.11% 625,110 $35.6M Add +5.0%
MSFT Microsoft Corp. 3.02% 69,533 $34.6M Reduce -1.6%
HCA HCA Healthcare Inc. 2.81% 83,921 $32.1M Add +7.4%
JPM JPMorgan Chase & Co. 2.73% 108,025 $31.3M Reduce -7.5%
UBER Uber Technologies Inc. 2.51% 308,679 $28.8M Reduce -3.0%
VSS Vanguard Ftse All Wo X-US SC 2.45% 208,922 $28.1M Add +3.8%
SCHR Schwab Intermediate-Term US 2.27% 1,037,065 $26.0M Add +4.0%
AZO AutoZone Inc. 2.21% 6,812 $25.3M Reduce -4.0%
AMZN Amazon.com Inc. 2.16% 112,563 $24.7M Reduce -21.0%
UNH Unitedhealth Group Inc. 2.15% 78,913 $24.6M Add +35.5%
AGG iShares Core U.S. Aggregate 2.12% 245,113 $24.3M Reduce -7.6%
GE General Electric filed as GE AEROSPACE 2.02% 89,940 $23.1M Add +26.8%
MBB iShares MBS ETF 1.98% 242,135 $22.7M Add +1.8%
KO The Coca-Cola Co. 1.98% 321,136 $22.7M Add +3.9%
AXP American Express Co. 1.93% 69,474 $22.2M Add +0.1%
AAPL Apple Inc. 1.91% 106,840 $21.9M Reduce -0.9%
HD Home Depot Inc. 1.85% 57,740 $21.2M Add +11.2%
V Visa Inc. Class A 1.84% 59,228 $21.0M Reduce -26.3%
SCHO Schwab Short-Term US Treas 1.67% 786,562 $19.2M Add +20.2%
WM Waste Management Inc. 1.65% 82,813 $18.9M Reduce -0.3%
TSM Taiwan Semiconductor-SP ADR 1.59% 80,334 $18.2M Reduce -9.8%
BND Vanguard Total Bond Market 1.51% 235,741 $17.4M Add +7.8%
GS Goldman Sachs Group Inc. 1.50% 24,229 $17.1M Reduce -14.7%
PPL PPL Corp. 1.48% 498,969 $16.9M Reduce -4.0%
PG The Procter & Gamble Co. 1.46% 105,122 $16.7M Add +12.3%
IJR iShares Core S&P Small-Cap E 1.45% 151,768 $16.6M Reduce -21.7%
EOG EOG Resources Inc. 1.43% 137,361 $16.4M Reduce -6.4%
IEMG iShares Core MSCI Emerging 1.34% 255,990 $15.4M Add +2.5%
UNP Union Pacific Corp. 1.33% 66,024 $15.2M Add +8.3%
IJH iShares Core S&P Midcap ETF 1.30% 240,074 $14.9M Add +5.3%
ASML ASML Holding NV-NY Reg SHS 1.28% 18,271 $14.6M Reduce -5.2%
MCHI iShares MSCI China ETF 1.25% 260,932 $14.4M Reduce -1.3%
IGIB iShares 5-10Y Inv Grade Corp. 1.24% 267,316 $14.2M Add +5.5%
STIP iShares 0-5 Year Tips Bond E 1.19% 132,857 $13.7M Add +0.4%
BX Blackstone Inc. 1.19% 90,819 $13.6M Add +1777.2%
GEHC GE Healthcare Technology 1.15% 177,929 $13.2M Add +7.3%
MAT Mattel Inc. 1.15% 667,160 $13.2M Add +11.8%
LNTH Lantheus Holdings Inc. 1.04% 145,352 $11.9M New
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.95% 235,342 $10.9M Add +1.9%
GOOG Alphabet Inc. Class C 0.95% 61,076 $10.8M Reduce -6.1%
VWO Vanguard Ftse Emerging Marke 0.94% 218,839 $10.8M Add +1.1%
CPRT Copart Inc. 0.94% 220,029 $10.8M Reduce -27.3%
CVX Chevron Corp. 0.94% 74,959 $10.7M Add +3.4%
ZTS Zoetis Inc. 0.94% 68,718 $10.7M Add +6.0%
UTHR United Therapeutics Corp. 0.93% 37,086 $10.7M Add +21.6%
VNQ Vanguard Real Estate ETF 0.91% 116,717 $10.4M Add +1482.2%
VRTX Vertex Pharmaceuticals Inc. 0.89% 22,890 $10.2M Add +7.2%
BIV Vanguard Intermediate-Term B 0.88% 130,047 $10.1M Add +6.6%
MELI MercadoLibre Inc. 0.79% 3,484 $9.1M New
CRH CRH PLC 0.79% 98,361 $9.0M New
GOOGL Alphabet Inc. Class A 0.78% 50,754 $8.9M Reduce -6.6%
VCIT Vanguard Int-Term Corporate 0.76% 104,838 $8.7M Reduce -1.9%
FLUT Flutter Entertainment PLC-Di 0.71% 28,535 $8.2M New
IGSB iShares 1-5Y Inv Grade Corp. 0.70% 151,153 $8.0M Reduce -4.0%
CG The Carlyle Group Inc. 0.68% 150,960 $7.8M New
COST Costco Wholesale Corp. 0.59% 6,854 $6.8M Reduce -5.4%
ICSH iShares Ultra Short Duration 0.58% 131,784 $6.7M Add +65.8%
BSV Vanguard Short-Term Bond ETF 0.58% 84,177 $6.6M Reduce -4.3%
VCSH Vanguard S/T Corp. Bond ETF 0.53% 76,704 $6.1M Reduce -3.1%
VB Vanguard Most SM-Cap ETF-Usd 0.47% 22,654 $5.4M Add +1.7%
MA Mastercard Inc. Class A 0.42% 8,464 $4.8M Reduce -8.3%
IVV iShares Core S&P 500 ETF 0.40% 7,291 $4.5M Reduce -0.8%
NVDA Nvidia Corp. 0.38% 27,730 $4.4M Reduce -7.4%
MUB iShares National Muni Bond E 0.33% 35,870 $3.7M Reduce -11.1%
VCRB Vanguard Core Bond ETF 0.33% 48,054 $3.7M Add +165.2%
JIRE JPMorgan Int Res Enh Eqty 0.30% 48,867 $3.5M Add +55.3%
JPST JPMorgan Ultra-Short Income 0.25% 56,548 $2.9M Add +24.3%
JMUB JPMorgan Municipal ETF 0.23% 53,887 $2.7M Reduce -4.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.23% 29,085 $2.6M Reduce -85.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.22% 51,195 $2.5M Reduce -18.4%
JNJ Johnson & Johnson 0.21% 15,756 $2.4M Reduce -0.7%
VIG Vanguard Dividend Apprec ETF 0.21% 11,708 $2.4M Add +3.1%
XLE SS Energy Select Sector 0.21% 28,023 $2.4M Add +378.6%
SCHQ Schwab Long-Term US Treasury 0.20% 72,514 $2.3M Reduce -11.9%
XOM Exxon Mobil Corp. 0.19% 20,218 $2.2M Reduce -2.3%
DIVB iShares Core Dividend ETF 0.19% 42,361 $2.1M Reduce -1.0%
JEPI JPMorgan Equity Premium Inco 0.19% 37,424 $2.1M Add +17.2%
SCHP Schwab U.S. Tips ETF 0.16% 70,107 $1.9M Reduce -2.7%
VTI VG Morningstar TS MKT ETF-US 0.16% 6,042 $1.8M Reduce -0.1%
COF Capital One Financial Corp. 0.15% 8,266 $1.8M New
SUB iShares Short-Term National 0.15% 16,512 $1.8M Add +8.0%
FBND Fidelity Total Bond ETF 0.15% 37,636 $1.7M Add +10.8%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 3,474 $1.7M Reduce -4.5%
PM Philip Morris International 0.14% 8,961 $1.6M Reduce -6.0%
META Meta Platforms Inc. Class A 0.14% 2,142 $1.6M Reduce -13.2%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.13% 30,187 $1.5M Reduce -6.6%
BLV Vanguard Long-Term Bond ETF 0.13% 20,989 $1.5M Add +11.5%
CRWD CrowdStrike Holdings Inc. Class A 0.12% 2,671 $1.4M Reduce -13.6%
ITOT iShares Core S&P Total U.S. 0.11% 9,601 $1.3M Add +5.3%
HON Honeywell International Inc. 0.11% 5,418 $1.3M Reduce -3.3%
SCHD Schwab US DVD Equity ETF 0.11% 45,990 $1.2M Reduce -18.1%
IWF iShares Russell 1000 Growth 0.10% 2,787 $1.2M Reduce -2.1%
XLF SS Financial Select Sector 0.10% 21,879 $1.1M Reduce -1.8%
EPD Enterprise Products Partners 0.10% 35,244 $1.1M No change
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 6,125 $1.1M Add +1.3%
BLK BlackRock Inc. 0.09% 1,015 $1.1M Add +0.4%
BOKF Bok Financial Corporation 0.09% 10,815 $1.1M No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.09% 3,743 $1.0M Add +99.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.09% 1,671 $1.0M No change
LLY Eli Lilly & Co. 0.09% 1,263 $984K Reduce -19.8%
XLK SS Technology Select Sector 0.09% 3,850 $975K No change
DGX Quest Diagnostics Inc. 0.08% 5,258 $944K Reduce -38.5%
ABBV Abbvie Inc. 0.08% 4,877 $905K Reduce -0.0%
DFAI Dimensional International Co. 0.08% 25,640 $886K Add +17.1%
PANW Palo Alto Networks Inc. 0.08% 4,302 $880K Add +36.5%
PHYS Sprott Physical Gold Trust 0.08% 34,293 $869K New
VUG Vanguard Mrngstar GR ETF-Sui 0.07% 1,921 $842K Reduce -6.5%
AVGO Broadcom Inc. 0.07% 2,978 $821K Add +16.1%
MO Altria Group Inc. 0.07% 13,926 $816K Add +0.0%
SSO Proshares Ultra S&P500 0.07% 7,945 $776K No change
VCRM Vanguard Core Tax-Ex Bond 0.07% 10,539 $775K Add +16.9%
VCLT Vanguard Long-Term Corp. Bond 0.07% 10,041 $762K Reduce -9.8%
VOO Vanguard S&P 500 ETF 0.07% 1,333 $757K Add +5.8%
QLD Proshares Ultra QQQ 0.07% 6,405 $754K No change
VEU Vanguard Ftse All-World Ex-U 0.07% 11,098 $746K No change
IBIT iShares Bitcoin Trust ETF 0.06% 12,080 $739K No change
RTX RTX Corp. 0.06% 4,988 $728K No change
ISRG Intuitive Surgical Inc. 0.06% 1,319 $717K Add +29.4%
UPS United Parcel Service Class B 0.06% 7,080 $715K Reduce -2.4%
WMT Walmart Inc. 0.06% 7,238 $708K Reduce -3.8%
MCK McKesson Corp. 0.06% 916 $671K Reduce -4.1%
NOW ServiceNow Inc. 0.06% 636 $654K Reduce -7.3%
FNCL Fidelity MSCI Financial Indx 0.06% 8,801 $652K Reduce -14.1%
GD General Dynamics Corp. 0.06% 2,163 $631K No change
CEG Constellation Energy 0.06% 1,951 $630K Reduce -2.7%
LOW Lowe's Cos Inc. 0.05% 2,743 $608K Add +0.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.05% 3,031 $591K Reduce -19.9%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.05% 10,500 $571K Reduce -40.0%
AMGN Amgen Inc. 0.05% 2,041 $570K Reduce -2.4%
CSCO Cisco Systems Inc. 0.05% 8,109 $563K Reduce -13.0%
TSLA Tesla Inc. 0.05% 1,710 $543K Add +106.0%
VGT Vanguard Info Tech ETF 0.05% 792 $525K Reduce -0.4%
VIGI Vanguard Int Div App Indx FD 0.04% 5,477 $494K Reduce -11.9%
IWD iShares Russell 1000 Value E 0.04% 2,453 $476K No change
IAU iShares Gold Trust 0.04% 7,598 $474K Add +3.0%
LVHI Franklin International Low V 0.04% 14,168 $461K Add +28.6%
SBUX Starbucks Corp. 0.04% 4,927 $451K Reduce -20.9%
SCMB Schwab Municipal Bond ETF 0.04% 17,628 $444K Add +3.8%
XLY SS Consumer Disc Select Sect 0.04% 1,980 $430K Add +0.1%
VFH Vanguard Financials ETF 0.04% 3,368 $429K No change
DE Deere & Co. 0.04% 823 $419K Reduce -0.4%
DFAC Dimensional US Core Equity 2 0.04% 11,201 $401K Add +0.3%
FENY Fidelity MSCI Energy Index 0.03% 17,033 $399K Reduce -3.5%
SCZ iShares MSCI Eafe Small-Cap 0.03% 5,340 $388K Reduce -10.1%
QUAL iShares MSCI USA Quality Fac 0.03% 2,095 $383K Add +2.6%
SPHQ Invesco S&P 500 Quality ETF 0.03% 5,229 $373K Add +0.1%
DGRW Wisdomtree U.S. Quality Divi 0.03% 4,400 $368K Reduce -18.5%
FUTY Fidelity MSCI US Utilities 0.03% 7,000 $368K Reduce -4.1%
SCHF Schwab Intl Equity ETF 0.03% 16,652 $368K Add +2.7%
EFAV iShares MSCI Eafe Min Vol Fa 0.03% 4,283 $360K Reduce -1.7%
NRG NRG Energy Inc. 0.03% 2,229 $358K No change
VRT Vertiv Holdings Co. Class A 0.03% 2,669 $343K New
AIG American International Group 0.03% 4,000 $342K No change
VGLT Vanguard Long-Term Treasury 0.03% 6,035 $339K Add +48.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 6,828 $323K Add +3.0%
RSP Invesco S&P 500 Equal Weight 0.03% 1,718 $312K Add +0.3%
LIN Linde PLC 0.03% 665 $312K Add +0.3%
FTEC Fidelity MSCI Info Tech Indx 0.03% 1,574 $310K Reduce -9.2%
ZM Zoom Communications Inc. 0.03% 3,835 $299K Reduce -54.2%
LH Labcorp Holdings Inc. 0.03% 1,136 $298K Reduce -98.5%
RY Royal Bank of Canada 0.03% 2,200 $289K Reduce -9.5%
ORCL Oracle Corp. 0.02% 1,271 $278K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.02% 625 $275K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.02% 960 $273K No change
IWR iShares Russell Mid-Cap ETF 0.02% 2,964 $273K No change
MRK Merck & Co. Inc. 0.02% 3,395 $269K Reduce -34.6%
SPLV Invesco S&P 500 Low Volatili 0.02% 3,670 $267K No change
IVW iShares S&P 500 Growth ETF 0.02% 2,406 $265K No change
INTU Intuit Inc. 0.02% 332 $262K No change
LMT Lockheed Martin Corp. 0.02% 555 $257K Add +0.2%
SCHA Schwab US Small-Cap ETF 0.02% 9,885 $250K New
IWM iShares Russell 2000 ETF 0.02% 1,145 $247K No change
NFLX Netflix Inc. 0.02% 180 $241K New
EFA iShares MSCI Eafe ETF 0.02% 2,692 $241K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.02% 864 $239K No change
VYM Vanguard High DVD Yield ETF 0.02% 1,750 $233K No change
VUSB Vanguard Ultra Short Bond Et 0.02% 4,527 $226K New
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.02% 2,295 $226K No change
MDLZ Mondelez International Inc. Class A 0.02% 3,246 $219K No change
WFC Wells Fargo & Co. 0.02% 2,650 $212K New
IWS iShares Russell Mid-Cap Valu 0.02% 1,591 $210K Add +0.1%
IWB iShares Russell 1000 ETF 0.02% 617 $210K New
FREL Fidelity MSCI RL Est Indx 0.02% 7,744 $209K New
DYNF Ishrs US E F R A ETF-Usd Inc. 0.02% 3,809 $207K New
CYBR Cyberark Software Ltd./Israel 0.02% 500 $203K New
AMAT Applied Materials Inc. 0.02% 1,100 $201K New
SHC Sotera Health Co. 0.01% 11,054 $123K New
TNYA Tenaya Therapeutics Inc. 0.00% 11,000 $7K New
Other holdings (2): bonds, preferreds, convertibles and warrants · $14.8M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 12,230$14.4MReduce -1.6%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 322$391KReduce -1.5%

Total filed on the 13F, all lines: $1.2B.

Portfolio Sells Q1 2025 → Q2 2025
LULU Lululemon Athletica Inc. Sold out 0.00% −2.20
LH Labcorp Holdings Inc. Reduce -98.5% 0.03% −1.57
BNY Bank of New York Mellon Corp. Reduce -85.4% 0.23% −1.28
CPB The Campbell's Company Sold out 0.00% −1.22
LINE Lineage Inc. Sold out 0.00% −1.02
V Visa Inc. Class A Reduce -26.3% 1.84% −0.72
CPRT Copart Inc. Reduce -27.3% 0.94% −0.61
IJR iShares Core S&P Small-Cap E Reduce -21.7% 1.45% −0.39
AMZN Amazon.com Inc. Reduce -21.0% 2.16% −0.30
EOG EOG Resources Inc. Reduce -6.4% 1.43% −0.27
AAPL Apple Inc. Reduce -0.9% 1.91% −0.26
AGG iShares Core U.S. Aggregate Reduce -7.6% 2.12% −0.26
AZO AutoZone Inc. Reduce -4.0% 2.21% −0.24
PPL PPL Corp. Reduce -4.0% 1.48% −0.22
DFS Discover Financial Services Sold out 0.00% −0.12
WM Waste Management Inc. Reduce -0.3% 1.65% −0.09
VTEB Vanguard Tax-Exempt Bond ETF Reduce -18.4% 0.22% −0.06
MUB iShares National Muni Bond E Reduce -11.1% 0.33% −0.06
DFSV Dimensional US Small Cap Val Sold out 0.00% −0.05
IGSB iShares 1-5Y Inv Grade Corp. Reduce -4.0% 0.70% −0.05
MCHI iShares MSCI China ETF Reduce -1.3% 1.25% −0.05
DGX Quest Diagnostics Inc. Reduce -38.5% 0.08% −0.05
BSV Vanguard Short-Term Bond ETF Reduce -4.3% 0.58% −0.05
MA Mastercard Inc. Class A Reduce -8.3% 0.42% −0.04
SCHQ Schwab Long-Term US Treasury Reduce -11.9% 0.20% −0.04
SCHD Schwab US DVD Equity ETF Reduce -18.1% 0.11% −0.04
VCSH Vanguard S/T Corp. Bond ETF Reduce -3.1% 0.53% −0.03
VCIT Vanguard Int-Term Corporate Reduce -1.9% 0.76% −0.03
XOM Exxon Mobil Corp. Reduce -2.3% 0.19% −0.03
JEPQ JPM Nasdaq Equity Premium Reduce -40.0% 0.05% −0.03
LLY Eli Lilly & Co. Reduce -19.8% 0.09% −0.03
ZM Zoom Communications Inc. Reduce -54.2% 0.03% −0.03
EA Electronic Arts Inc. Sold out 0.00% −0.03
ADBE Adobe Inc. Sold out 0.00% −0.03
COST Costco Wholesale Corp. Reduce -5.4% 0.59% −0.03
BRK.B Berkshire Hathaway Inc. Class B Reduce -4.5% 0.15% −0.03
JNJ Johnson & Johnson Reduce -0.7% 0.21% −0.03
JMUB JPMorgan Municipal ETF Reduce -4.9% 0.23% −0.02
XMHQ Invesco S&P Midcap Qual ETF Sold out 0.00% −0.02
KVUE Kenvue Inc. Sold out 0.00% −0.02
MRK Merck & Co. Inc. Reduce -34.6% 0.02% −0.02
TOTL SS Doubleline TR Tact ETF Sold out 0.00% −0.02
SBUX Starbucks Corp. Reduce -20.9% 0.04% −0.02
JMST JPM Ultra-Short Muni Income Reduce -6.6% 0.13% −0.01
ABBV Abbvie Inc. Reduce -0.0% 0.08% −0.01
SCHP Schwab U.S. Tips ETF Reduce -2.7% 0.16% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -19.9% 0.05% −0.01
VCLT Vanguard Long-Term Corp. Bond Reduce -9.8% 0.07% −0.01
UPS United Parcel Service Class B Reduce -2.4% 0.06% −0.01
AMGN Amgen Inc. Reduce -2.4% 0.05% −0.01

Portfolio Buys Q1 2025 → Q2 2025
BX Blackstone Inc. Add +1777.2% 1.19% +1.12
LNTH Lantheus Holdings Inc. New 1.04% +1.04
VNQ Vanguard Real Estate ETF Add +1482.2% 0.91% +0.85
MELI MercadoLibre Inc. New 0.79% +0.79
CRH CRH PLC New 0.79% +0.79
GE General Electric Add +26.8% 2.02% +0.73
FLUT Flutter Entertainment PLC-Di New 0.71% +0.71
CG The Carlyle Group Inc. New 0.68% +0.68
IEFA iShares Core MSCI Eafe ETF Add +6.9% 3.76% +0.45
VEA Vanguard Ftse Developed ETF Add +5.0% 3.11% +0.37
HCA HCA Healthcare Inc. Add +7.4% 2.81% +0.36
VSS Vanguard Ftse All Wo X-US SC Add +3.8% 2.45% +0.34
AXP American Express Co. Add +0.1% 1.93% +0.24
SCHO Schwab Short-Term US Treas Add +20.2% 1.67% +0.23
ICSH iShares Ultra Short Duration Add +65.8% 0.58% +0.22
VCRB Vanguard Core Bond ETF Add +165.2% 0.33% +0.20
XLE SS Energy Select Sector Add +378.6% 0.21% +0.16
COF Capital One Financial Corp. New 0.15% +0.15
HD Home Depot Inc. Add +11.2% 1.85% +0.12
JIRE JPMorgan Int Res Enh Eqty Add +55.3% 0.30% +0.12
IEMG iShares Core MSCI Emerging Add +2.5% 1.34% +0.12
MAT Mattel Inc. Add +11.8% 1.15% +0.10
IJH iShares Core S&P Midcap ETF Add +5.3% 1.30% +0.09
UTHR United Therapeutics Corp. Add +21.6% 0.93% +0.08
PHYS Sprott Physical Gold Trust New 0.08% +0.08
BND Vanguard Total Bond Market Add +7.8% 1.51% +0.06
VWO Vanguard Ftse Emerging Marke Add +1.1% 0.94% +0.06
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +99.3% 0.09% +0.05
JPST JPMorgan Ultra-Short Income Add +24.3% 0.25% +0.04
IGIB iShares 5-10Y Inv Grade Corp. Add +5.5% 1.24% +0.04
AVGO Broadcom Inc. Add +16.1% 0.07% +0.03
BIV Vanguard Intermediate-Term B Add +6.6% 0.88% +0.03
VRT Vertiv Holdings Co. Class A New 0.03% +0.03
PANW Palo Alto Networks Inc. Add +36.5% 0.08% +0.03
TSLA Tesla Inc. Add +106.0% 0.05% +0.03
ORCL Oracle Corp. New 0.02% +0.02
SCHA Schwab US Small-Cap ETF New 0.02% +0.02
NFLX Netflix Inc. New 0.02% +0.02
VB Vanguard Most SM-Cap ETF-Usd Add +1.7% 0.47% +0.02
JEPI JPMorgan Equity Premium Inco Add +17.2% 0.19% +0.02
UNP Union Pacific Corp. Add +8.3% 1.33% +0.02
SCHR Schwab Intermediate-Term US Add +4.0% 2.27% +0.02
VUSB Vanguard Ultra Short Bond Et New 0.02% +0.02
WFC Wells Fargo & Co. New 0.02% +0.02
FREL Fidelity MSCI RL Est Indx New 0.02% +0.02
IWB iShares Russell 1000 ETF New 0.02% +0.02
DYNF Ishrs US E F R A ETF-Usd Inc. New 0.02% +0.02
CYBR Cyberark Software Ltd./Israel New 0.02% +0.02
AMAT Applied Materials Inc. New 0.02% +0.02
ISRG Intuitive Surgical Inc. Add +29.4% 0.06% +0.02

Notes & Other Activity Q1 2025 → Q2 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -1.6% 12,230 $14.4M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -1.5% 322 $391K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 259$1.3BXLK, IEFA, VEA, NVDA, GE
Q1 2026 249$1.2BXLK, IEFA, VEA, HCA, SCHR
Q4 2025 247$1.3BIEFA, VEA, MSFT, JPM, HCA
Q3 2025 203$1.2BIEFA, HCA, MSFT, VEA, JPM
Q2 2025 189$1.1BIEFA, VEA, MSFT, HCA, JPM
Q1 2025 179$1.1BIEFA, UNH, VEA, JPM, V
Q4 2024 180$1.1BIEFA, LULU, AMZN, JPM, UNH
Q3 2024 182$1.1BIEFA, UNH, VEA, MSFT, KO
Q2 2024 181$1.1BIEFA, UNH, MSFT, VEA, JPM
Q1 2024 182$1.1BIEFA, MSFT, VEA, JPM, UNH