Galvin, Gaustad & Stein, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Galvin, Gaustad & Stein, LLC reported 247 stock positions worth $1.3 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 3.2% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 2.9%) and Microsoft (MSFT, 2.7%). Compared with Q3 2025, it opened 53 new positions, sold out of 9, added to 92 and reduced 80. The biggest buy was a new position in iShares Semiconductor ETF (SOXX) and the biggest sale Viking (VIK, shares −95%).
- Most Recent 13F
- Q2 2026
- Location
- Scottsdale, AZ
- CIK
- 0001840945
- Portfolio Value
- $1.3B (Q4 2025)
- SEC Filing
- 0001172661-26-000291 ↗ filed Jan 23, 2026
Holdings Value
Holdings 247 stocks · $1.3B
| IEFA iShares Core MSCI Eafe ETF | 3.20% | 451,162 | $40.4M | Reduce -0.1% |
| VEA Vanguard Ftse Developed ETF | 2.89% | 584,362 | $36.5M | Add +1.1% |
| MSFT Microsoft Corp. | 2.70% | 70,419 | $34.1M | Add +2.6% |
| JPM JPMorgan Chase & Co. | 2.62% | 102,711 | $33.1M | Reduce -1.2% |
| HCA HCA Healthcare Inc. | 2.49% | 67,371 | $31.5M | Reduce -20.0% |
| AMZN Amazon.com Inc. | 2.15% | 117,528 | $27.1M | Add +3.8% |
| SCHR Schwab Intermediate-Term US | 2.11% | 1,064,666 | $26.7M | Add +0.4% |
| GE General Electric filed as GE AEROSPACE | 2.08% | 85,228 | $26.3M | Reduce -4.1% |
| VSS Vanguard Ftse All Wo X-US SC | 2.05% | 180,583 | $25.9M | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 2.00% | 253,304 | $25.3M | Add +1.8% |
| MAT Mattel Inc. | 1.98% | 1,262,220 | $25.0M | Add +1.2% |
| AAPL Apple Inc. | 1.94% | 90,284 | $24.5M | Reduce -9.9% |
| AZO AutoZone Inc. | 1.82% | 6,772 | $23.0M | Add +0.6% |
| AXP American Express Co. | 1.71% | 58,382 | $21.6M | Reduce -10.7% |
| SCHO Schwab Short-Term US Treas | 1.70% | 882,638 | $21.5M | Add +3.5% |
| UBER Uber Technologies Inc. | 1.70% | 263,198 | $21.5M | Reduce -0.9% |
| MBB iShares MBS ETF | 1.68% | 223,394 | $21.3M | Reduce -8.0% |
| KO The Coca-Cola Co. | 1.62% | 292,118 | $20.4M | Reduce -0.6% |
| PPL PPL Corp. | 1.58% | 569,055 | $19.9M | Add +13.2% |
| TSM Taiwan Semiconductor-SP ADR | 1.58% | 65,539 | $19.9M | Reduce -7.9% |
| UNH Unitedhealth Group Inc. | 1.57% | 59,999 | $19.8M | Reduce -1.6% |
| V Visa Inc. Class A | 1.56% | 56,021 | $19.6M | Reduce -3.5% |
| HD Home Depot Inc. | 1.52% | 55,635 | $19.1M | Reduce -4.7% |
| WM Waste Management Inc. | 1.47% | 84,701 | $18.6M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 1.44% | 57,972 | $18.2M | Reduce -2.9% |
| BND Vanguard Total Bond Market | 1.44% | 245,539 | $18.2M | Add +0.8% |
| NVDA Nvidia Corp. | 1.32% | 89,273 | $16.6M | Add +223.6% |
| IJH iShares Core S&P Midcap ETF | 1.30% | 248,499 | $16.4M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 1.27% | 51,106 | $16.0M | Add +1.2% |
| GEHC GE Healthcare Technology | 1.23% | 189,834 | $15.6M | Add +2.0% |
| VRTX Vertex Pharmaceuticals Inc. | 1.23% | 34,309 | $15.6M | Add +3.5% |
| MCHI iShares MSCI China ETF | 1.21% | 254,233 | $15.3M | Reduce -1.8% |
| UNP Union Pacific Corp. | 1.19% | 65,215 | $15.1M | Add +2.6% |
| PG The Procter & Gamble Co. | 1.17% | 103,226 | $14.8M | Reduce -11.3% |
| ASML ASML Holding NV-NY Reg SHS | 1.15% | 13,545 | $14.5M | Reduce -4.8% |
| CRH CRH PLC | 1.14% | 115,422 | $14.4M | Reduce -2.1% |
| STIP iShares 0-5 Year Tips Bond E | 1.11% | 137,485 | $14.1M | Add +0.7% |
| IJR iShares Core S&P Small-Cap E | 1.11% | 117,004 | $14.1M | Reduce -4.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.10% | 258,591 | $13.9M | Reduce -4.8% |
| BX Blackstone Inc. | 1.08% | 88,377 | $13.6M | Reduce -5.7% |
| EOG EOG Resources Inc. | 1.04% | 125,629 | $13.2M | Reduce -13.2% |
| QQQM Invesco Nasdaq 100 ETF | 1.02% | 50,843 | $12.9M | Add +1046.7% |
| ICSH iShares Ultra Short Duration | 1.02% | 254,067 | $12.9M | Add +22.1% |
| SOXX iShares Semiconductor ETF | 1.02% | 42,618 | $12.8M | New |
| QCOM Qualcomm Inc. | 1.00% | 73,782 | $12.6M | New |
| META Meta Platforms Inc. Class A | 0.97% | 18,550 | $12.2M | Add +769.7% |
| CG The Carlyle Group Inc. | 0.96% | 204,623 | $12.1M | Reduce -12.2% |
| CVX Chevron Corp. | 0.93% | 77,298 | $11.8M | Add +1.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.90% | 245,494 | $11.4M | Add +2.7% |
| PGR Progressive Corp. | 0.89% | 49,094 | $11.2M | New |
| VNQ Vanguard Real Estate ETF | 0.85% | 121,472 | $10.7M | Add +0.1% |
| BIV Vanguard Intermediate-Term B | 0.80% | 129,510 | $10.1M | Reduce -0.2% |
| ZTS Zoetis Inc. | 0.79% | 79,405 | $10.0M | Reduce -9.9% |
| VCIT Vanguard Int-Term Corporate | 0.64% | 95,854 | $8.0M | Reduce -7.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.59% | 141,895 | $7.5M | Reduce -3.9% |
| OTIS Otis Worldwide Corp. | 0.56% | 80,892 | $7.1M | Reduce -34.6% |
| SMH Vaneck Semiconductor ETF | 0.56% | 19,472 | $7.0M | New |
| WCC Wesco International Inc. | 0.55% | 28,504 | $7.0M | New |
| IEMG iShares Core MSCI Emerging | 0.52% | 98,494 | $6.6M | Reduce -47.5% |
| BSV Vanguard Short-Term Bond ETF | 0.51% | 81,066 | $6.4M | Reduce -2.8% |
| JIRE JPMorgan Int Res Enh Eqty | 0.50% | 83,689 | $6.3M | Add +5.6% |
| VCRB Vanguard Core Bond ETF | 0.49% | 79,187 | $6.2M | Add +18.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.49% | 76,971 | $6.1M | Reduce -0.4% |
| IVV iShares Core S&P 500 ETF | 0.48% | 8,822 | $6.0M | Add +24.0% |
| VWO Vanguard Ftse Emerging Marke | 0.46% | 107,676 | $5.8M | Reduce -35.9% |
| COST Costco Wholesale Corp. | 0.44% | 6,403 | $5.5M | Reduce -4.7% |
| FLUT Flutter Entertainment PLC-Di | 0.43% | 25,318 | $5.4M | Reduce -16.6% |
| JPST JPMorgan Ultra-Short Income | 0.39% | 97,195 | $4.9M | Add +41.2% |
| MA Mastercard Inc. Class A | 0.38% | 8,323 | $4.8M | Reduce -0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.37% | 18,356 | $4.7M | Reduce -6.8% |
| MUB iShares National Muni Bond E | 0.35% | 41,098 | $4.4M | Add +6.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.30% | 47,254 | $3.8M | Add +1052.5% |
| JNJ Johnson & Johnson | 0.28% | 17,175 | $3.6M | Add +5.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.27% | 41,529 | $3.3M | New |
| IEV iShares Europe ETF | 0.26% | 47,290 | $3.2M | New |
| VIG Vanguard Dividend Apprec ETF | 0.26% | 14,714 | $3.2M | Add +24.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.25% | 62,529 | $3.1M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 5,843 | $2.9M | Add +39.3% |
| XLE SS Energy Select Sector | 0.23% | 65,625 | $2.9M | Add +134.9% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.23% | 24,670 | $2.9M | Reduce -1.2% |
| JMUB JPMorgan Municipal ETF | 0.22% | 56,181 | $2.8M | Add +0.3% |
| SPGP Invesco S&P 500 Garp ETF | 0.21% | 23,756 | $2.7M | New |
| EEM iShares MSCI Emerging Market | 0.20% | 45,277 | $2.5M | New |
| SCHQ Schwab Long-Term US Treasury | 0.19% | 76,830 | $2.4M | Add +1.2% |
| XOM Exxon Mobil Corp. | 0.19% | 20,053 | $2.4M | Add +0.2% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.17% | 43,234 | $2.2M | New |
| FBND Fidelity Total Bond ETF | 0.17% | 46,742 | $2.2M | Reduce -0.7% |
| DIVB iShares Core Dividend ETF | 0.17% | 39,366 | $2.1M | Reduce -7.5% |
| GS Goldman Sachs Group Inc. | 0.15% | 2,204 | $1.9M | Reduce -14.3% |
| COF Capital One Financial Corp. | 0.15% | 7,802 | $1.9M | Reduce -2.3% |
| SCHP Schwab U.S. Tips ETF | 0.15% | 70,756 | $1.9M | Reduce -0.7% |
| JEPI JPMorgan Equity Premium Inco | 0.15% | 32,580 | $1.9M | Reduce -11.7% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.14% | 34,658 | $1.8M | Add +7.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 5,089 | $1.7M | Reduce -18.6% |
| SUB iShares Short-Term National | 0.13% | 15,696 | $1.7M | Reduce -10.9% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 0.13% | 58,914 | $1.7M | New |
| ITOT iShares Core S&P Total U.S. | 0.12% | 10,403 | $1.5M | Add +5.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.12% | 7,870 | $1.5M | Add +12.6% |
| PM Philip Morris International | 0.12% | 9,249 | $1.5M | Add +0.7% |
| BLV Vanguard Long-Term Bond ETF | 0.12% | 20,930 | $1.5M | Reduce -3.6% |
Options reported separately and not counted above: SPY puts ($955K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $17.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 13,794 | $16.7M | Add +2.7% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 442 | $553K | No change |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q3 2025 → Q4 2025
| VIK Viking Holdings Ltd. | Reduce -94.9% | 0.07% | −1.14 |
| MELI MercadoLibre Inc. | Reduce -96.8% | 0.03% | −1.13 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −1.03 |
| CPRT Copart Inc. | Reduce -93.8% | 0.04% | −0.81 |
| IEMG iShares Core MSCI Emerging | Reduce -47.5% | 0.52% | −0.50 |
| HCA HCA Healthcare Inc. | Reduce -20.0% | 2.49% | −0.47 |
| UBER Uber Technologies Inc. | Reduce -0.9% | 1.70% | −0.44 |
| HD Home Depot Inc. | Reduce -4.7% | 1.52% | −0.44 |
| OTIS Otis Worldwide Corp. | Reduce -34.6% | 0.56% | −0.37 |
| PG The Procter & Gamble Co. | Reduce -11.3% | 1.17% | −0.30 |
| EOG EOG Resources Inc. | Reduce -13.2% | 1.04% | −0.29 |
| VWO Vanguard Ftse Emerging Marke | Reduce -35.9% | 0.46% | −0.29 |
| ZTS Zoetis Inc. | Reduce -9.9% | 0.79% | −0.27 |
| CG The Carlyle Group Inc. | Reduce -12.2% | 0.96% | −0.25 |
| BX Blackstone Inc. | Reduce -5.7% | 1.08% | −0.24 |
| MBB iShares MBS ETF | Reduce -8.0% | 1.68% | −0.22 |
| FLUT Flutter Entertainment PLC-Di | Reduce -16.6% | 0.43% | −0.20 |
| MCHI iShares MSCI China ETF | Reduce -1.8% | 1.21% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -1.6% | 1.57% | −0.17 |
| AAPL Apple Inc. | Reduce -9.9% | 1.94% | −0.16 |
| GE General Electric | Reduce -4.1% | 2.08% | −0.13 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -4.8% | 1.10% | −0.11 |
| IJR iShares Core S&P Small-Cap E | Reduce -4.3% | 1.11% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -1.2% | 2.62% | −0.08 |
| AXP American Express Co. | Reduce -10.7% | 1.71% | −0.08 |
| VCIT Vanguard Int-Term Corporate | Reduce -7.0% | 0.64% | −0.08 |
| V Visa Inc. Class A | Reduce -3.5% | 1.56% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -4.7% | 0.44% | −0.08 |
| WM Waste Management Inc. | Reduce -0.2% | 1.47% | −0.07 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -7.9% | 1.58% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -0.1% | 3.20% | −0.06 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -3.9% | 0.59% | −0.05 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -6.8% | 0.37% | −0.04 |
| BIV Vanguard Intermediate-Term B | Reduce -0.2% | 0.80% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -2.8% | 0.51% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -18.6% | 0.14% | −0.03 |
| NBIS Nebius Group NV | Sold out | 0.00% | −0.03 |
| OKTA Okta Inc. | Sold out | 0.00% | −0.03 |
| SCHD Schwab US DVD Equity ETF | Reduce -22.5% | 0.08% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -11.7% | 0.15% | −0.03 |
| IBIT iShares Bitcoin Trust ETF | Reduce -15.2% | 0.04% | −0.03 |
| CRH CRH PLC | Reduce -2.1% | 1.14% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -0.4% | 0.49% | −0.02 |
| RRR Red Rock Resorts Inc. Class A | Sold out | 0.00% | −0.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.02 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -26.0% | 0.06% | −0.02 |
| SUB iShares Short-Term National | Reduce -10.9% | 0.13% | −0.02 |
| DIVB iShares Core Dividend ETF | Reduce -7.5% | 0.17% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| SOXX iShares Semiconductor ETF | New | 1.02% | +1.02 |
| QCOM Qualcomm Inc. | New | 1.00% | +1.00 |
| QQQM Invesco Nasdaq 100 ETF | Add +1046.7% | 1.02% | +0.93 |
| NVDA Nvidia Corp. | Add +223.6% | 1.32% | +0.89 |
| PGR Progressive Corp. | New | 0.89% | +0.89 |
| META Meta Platforms Inc. Class A | Add +769.7% | 0.97% | +0.84 |
| SMH Vaneck Semiconductor ETF | New | 0.56% | +0.56 |
| WCC Wesco International Inc. | New | 0.55% | +0.55 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +1052.5% | 0.30% | +0.27 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 0.27% | +0.27 |
| IEV iShares Europe ETF | New | 0.26% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +1.2% | 1.27% | +0.25 |
| MAT Mattel Inc. | Add +1.2% | 1.98% | +0.25 |
| SPGP Invesco S&P 500 Garp ETF | New | 0.21% | +0.21 |
| EEM iShares MSCI Emerging Market | New | 0.20% | +0.20 |
| JMTG Mortgage-Backed Securities | New | 0.17% | +0.17 |
| VRTX Vertex Pharmaceuticals Inc. | Add +3.5% | 1.23% | +0.16 |
| ICSH iShares Ultra Short Duration | Add +22.1% | 1.02% | +0.15 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | New | 0.13% | +0.13 |
| XLE SS Energy Select Sector | Add +134.9% | 0.23% | +0.13 |
| SPTM SS SPDR P S&P 1500 Comp ETF | New | 0.12% | +0.12 |
| CLOI Vaneck Clo ETF | New | 0.11% | +0.11 |
| JPST JPMorgan Ultra-Short Income | Add +41.2% | 0.39% | +0.10 |
| AMZN Amazon.com Inc. | Add +3.8% | 2.15% | +0.10 |
| IWN iShares Russell 2000 Value E | New | 0.10% | +0.10 |
| IVV iShares Core S&P 500 ETF | Add +24.0% | 0.48% | +0.09 |
| GEHC GE Healthcare Technology | Add +2.0% | 1.23% | +0.08 |
| FTCS First Trust Capital Strength | New | 0.08% | +0.08 |
| DASH DoorDash Inc. Class A | New | 0.07% | +0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.07% | +0.07 |
| QUAL iShares MSCI USA Quality Fac | Add +223.1% | 0.10% | +0.07 |
| MTUM iShares MSCI USA Momentum Fa | New | 0.06% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +39.3% | 0.23% | +0.06 |
| VCRB Vanguard Core Bond ETF | Add +18.8% | 0.49% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.05% | +0.05 |
| BALT Inn Defined Wealth Shield | New | 0.05% | +0.05 |
| GLD SPDR Gold Shares | New | 0.05% | +0.05 |
| PJAN Innovator U.S. Equity Power | New | 0.05% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | Add +24.9% | 0.26% | +0.05 |
| POCT Innovator U.S. Equity Power | New | 0.04% | +0.04 |
| GCOW Pacer Global Cash Cows Divid | New | 0.04% | +0.04 |
| LLY Eli Lilly & Co. | Add +12.6% | 0.11% | +0.04 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.04% | +0.04 |
| PPL PPL Corp. | Add +13.2% | 1.58% | +0.04 |
| VLUE iShares MSCI USA Value Facto | New | 0.04% | +0.04 |
| GDS GDS Holdings Ltd. - ADR | Add +207.2% | 0.06% | +0.04 |
| PDEC Innovator U.S. Equity Power | New | 0.04% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +1.1% | 2.89% | +0.03 |
| PFEB Innovator U.S. Equity Power | New | 0.03% | +0.03 |
| JNJ Johnson & Johnson | Add +5.4% | 0.28% | +0.03 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +2.7% | 13,794 | $16.7M |
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 |