Goldstein Advisors, LLC

Name: Goldstein Advisors, LLC 13F holdings, Q3 2025
Creator: Goldstein Advisors, LLC
Published: 2025-10-21

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 21, 2025), Goldstein Advisors, LLC reported 204 stock positions worth $822.9 million. Its top holding was iShares Core S&P Total U.S. (ITOT) at 11.2% of the portfolio, followed by Goldman Activebeta US LC ETF (GSLC, 10.4%) and JPMorgan Active Growth ETF (JGRO, 7.3%). Compared with Q2 2025, it opened 22 new positions, sold out of 9, added to 66 and reduced 88. The biggest buy was a new position in Alger AI Enable & Adopt ETF (ALAI) and the biggest sale Ste STR SPDR PT DW Eu ETF (SPDW, shares −96%).

Most Recent 13F: Q2 2026
Location: Madison, WI
CIK: 0001963807
Portfolio Value: $822.9M (Q3 2025)
SEC Filing: 0001172661-25-004337 ↗ filed Oct 21, 2025

Holdings Value

Holdings 204 stocks · $822.9M


ITOT iShares Core S&P Total U.S.	11.16%	630,400	$91.8M	Add +23.3%
GSLC Goldman Activebeta US LC ETF	10.44%	659,356	$85.9M	Add +18.0%
JGRO JPMorgan Active Growth ETF	7.34%	643,986	$60.4M	Reduce -1.6%
VFLO Victoryshares Free Cash Flow	7.33%	1,609,371	$60.4M	Add +1.7%
QUAL iShares MSCI USA Quality Fac	6.81%	288,064	$56.0M	Reduce -3.6%
UBND Victoryshares Core Plus Bond	4.03%	1,503,262	$33.1M	Add +4.7%
DBMF Imgp Dbi MFT STR ETF-Usd Inc.	3.56%	1,071,181	$29.3M	Reduce -9.2%
THRO iShares U.S. Thematic Rotati	3.45%	750,898	$28.4M	Add +37.4%
BOND PIMCO Active Bond Exchange-T	2.99%	263,573	$24.6M	Add +8.4%
ALAI Alger AI Enable & Adopt ETF	2.71%	594,510	$22.3M	New
TAXF American Century Diver Muni	2.43%	397,729	$20.0M	Reduce -3.5%
HMOP Hartford Municipal Opp ETF	2.32%	490,884	$19.1M	Reduce -2.8%
IXUS iShares Core Intl Stock ETF	2.06%	205,406	$17.0M	Reduce -3.6%
AVDE Avantis International Equity	2.03%	211,425	$16.7M	New
RODM Hartford Multifact Dev MRKT	1.92%	444,751	$15.8M	Add +2.9%
OEF iShares S&P 100 ETF	1.88%	46,503	$15.5M	New
SPMO Invesco S&P 500 Momentum ETF	1.49%	101,206	$12.3M	Reduce -4.9%
JPSE JPM Diversified RT Small Cap filed as J P MORGAN EXCHANGE TRADED F	1.43%	236,319	$11.8M	Reduce -2.6%
SHLD Global X Defense Tech ETF	1.34%	157,097	$11.0M	New
BNDX Vanguard Total Intl Bond ETF	1.13%	188,018	$9.3M	Reduce -13.3%
XSOE Wisdmtree Emerg MKT Ex-St Ow	1.04%	226,374	$8.6M	Add +1.3%
GBIL Goldman Sachs Access Treasur	0.83%	68,201	$6.8M	Add +3.2%
IJH iShares Core S&P Midcap ETF	0.78%	98,911	$6.5M	Reduce -2.0%
NVDA Nvidia Corp.	0.72%	31,657	$5.9M	Reduce -0.2%
AAPL Apple Inc.	0.67%	21,494	$5.5M	Reduce -0.7%
BINC iShares Flex I A ETF-Usd Inc.	0.63%	97,419	$5.2M	Add +11.9%
MSFT Microsoft Corp.	0.61%	9,772	$5.1M	Add +0.4%
QQQ Invesco QQQ Trust Series 1	0.61%	8,380	$5.0M	Reduce -1.0%
SCZ iShares MSCI Eafe Small-Cap	0.57%	60,714	$4.7M	Reduce -14.0%
PULS Pgim Ultra Short Bond ETF	0.50%	83,100	$4.1M	Add +7.5%
FVD First Trust Value Line DVD	0.47%	82,803	$3.8M	Reduce -5.7%
BRK.A Berkshire Hathaway Inc. Class A	0.46%	5	$3.8M	No change
TILT NT Mstar US Ftilt ETF	0.41%	13,989	$3.4M	Reduce -0.2%
IMCB iShares Morningstar Mid-Cap	0.40%	39,497	$3.3M	Add +0.5%
DBEF Xtrackers MSCI Eafe Hedged E	0.40%	70,656	$3.3M	Reduce -5.2%
SPY SS SPDR S&P 500 ETF Trust-US	0.31%	3,832	$2.6M	No change
ISCB iShares Morningstar SM Cap	0.30%	39,401	$2.5M	Reduce -5.8%
IVV iShares Core S&P 500 ETF	0.29%	3,601	$2.4M	Add +5.8%
AMZN Amazon.com Inc.	0.27%	10,215	$2.2M	Reduce -2.4%
VUG Vanguard Mrngstar GR ETF-Sui	0.26%	4,438	$2.1M	Reduce -1.9%
MTUM iShares MSCI USA Momentum Fa	0.25%	8,034	$2.1M	Reduce -13.3%
VTI VG Morningstar TS MKT ETF-US	0.24%	6,136	$2.0M	Add +1.8%
DYNF Ishrs US E F R A ETF-Usd Inc.	0.24%	33,290	$2.0M	Add +20.3%
XLK SS Technology Select Sector	0.24%	6,972	$2.0M	Reduce -93.1%
GOOGL Alphabet Inc. Class A	0.24%	7,998	$1.9M	Add +0.7%
QUS SS SPDR MSCI U Stratfact ETF	0.23%	10,827	$1.9M	Reduce -4.0%
QQQM Invesco Nasdaq 100 ETF	0.22%	7,461	$1.8M	Reduce -1.0%
META Meta Platforms Inc. Class A	0.22%	2,495	$1.8M	Add +9.6%
AVGO Broadcom Inc.	0.22%	5,443	$1.8M	Add +8.2%
COWZ Pacer US Cash Cows 100 ETF	0.21%	30,644	$1.8M	Reduce -4.0%
SPDW Ste STR SPDR PT DW Eu ETF	0.21%	41,140	$1.8M	Reduce -96.1%
IJR iShares Core S&P Small-Cap E	0.21%	14,637	$1.7M	Reduce -2.8%
GOOG Alphabet Inc. Class C	0.21%	7,093	$1.7M	Reduce -0.5%
DEUS Xtrackers Russell US Multi	0.19%	26,815	$1.6M	Reduce -6.6%
IEMG iShares Core MSCI Emerging	0.18%	22,052	$1.5M	Add +7.8%
LNT Alliant Energy Corp.	0.17%	20,505	$1.4M	Add +14.4%
IWF iShares Russell 1000 Growth	0.16%	2,856	$1.3M	Reduce -0.1%
JPM JPMorgan Chase & Co.	0.16%	4,156	$1.3M	Add +1.3%
IEFA iShares Core MSCI Eafe ETF	0.15%	14,297	$1.2M	Reduce -1.1%
JCI Johnson Controls Internation	0.15%	10,876	$1.2M	Add +0.0%
JPME JPM Diver Ret US MC Equity filed as J P MORGAN EXCHANGE TRADED F	0.15%	11,022	$1.2M	Reduce -3.7%
RSPT Invesco S&P 500 Equal Weight	0.14%	25,373	$1.1M	Reduce -0.1%
USMV iShares MSCI USA Min Vol Fac	0.14%	11,729	$1.1M	Add +0.3%
APP AppLovin Corp. Class A	0.13%	1,545	$1.1M	Reduce -11.6%
PXH Inves Rafi Emer MRKT-Usd Inc.	0.13%	41,294	$1.0M	Add +0.6%
NBIS Nebius Group NV	0.13%	9,196	$1.0M	Add +27.3%
VHT Vanguard Health Care ETF	0.12%	3,828	$994K	Reduce -8.2%
ILCG iShares Morningstar Growth E	0.12%	9,470	$988K	No change
ORCL Oracle Corp.	0.11%	3,344	$940K	Add +7.5%
SPTM SS SPDR P S&P 1500 Comp ETF	0.11%	11,451	$924K	Reduce -3.0%
IWR iShares Russell Mid-Cap ETF	0.11%	9,518	$919K	Reduce -23.9%
MGEE Mge Energy Inc.	0.11%	10,414	$877K	Add +0.1%
SCHG Schwab US Large-Cap Growth	0.11%	27,219	$869K	No change
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.10%	2,852	$838K	Add +259.6%
EMGF iShares Emerging Markets Equ	0.10%	14,719	$833K	Add +154.4%
VV Vngrd Mrgstr LRG-Cap ETF-Usd	0.10%	2,628	$809K	No change
SPTL SS SPDR PF LNG TRM TSY E-Usd	0.09%	28,173	$759K	Add +0.1%
ABBV Abbvie Inc.	0.09%	3,237	$749K	Reduce -3.4%
VWO Vanguard Ftse Emerging Marke	0.09%	13,771	$746K	Reduce -8.1%
BRK.B Berkshire Hathaway Inc. Class B	0.09%	1,438	$723K	Add +6.6%
DIVI Franklin International Core	0.08%	18,429	$688K	Add +9.7%
SCHX Schwab US Large-Cap ETF	0.08%	26,083	$687K	No change
TSM Taiwan Semiconductor-SP ADR	0.08%	2,448	$684K	Add +2.6%
TSLA Tesla Inc.	0.08%	1,516	$674K	Reduce -14.8%
IVW iShares S&P 500 Growth ETF	0.08%	5,486	$662K	Add +6.3%
JNJ Johnson & Johnson	0.08%	3,550	$658K	Reduce -1.9%
VXUS Vanguard Total Intl Stock	0.08%	8,885	$653K	Add +1.2%
AVDV Avantis Intl S/C Value ETF	0.08%	7,210	$642K	Reduce -0.3%
IWM iShares Russell 2000 ETF	0.08%	2,619	$634K	Reduce -23.7%
NFLX Netflix Inc.	0.08%	527	$632K	Add +3.3%
SNPE Xtrckr S&P 500 Scor&scrn ETF	0.08%	10,343	$621K	Reduce -4.4%
TLN Talen Energy Corp.	0.08%	1,455	$619K	Reduce -14.4%
CRWD CrowdStrike Holdings Inc. Class A	0.07%	1,244	$610K	Add +1.1%
EXAS Exact Sciences Corp.	0.07%	11,127	$609K	Add +11.8%
MCD McDonald's Corp.	0.07%	1,947	$592K	Reduce -0.3%
EUSB Ishr ESG Advn Universal BD-$	0.07%	12,822	$563K	Add +3.5%
COST Costco Wholesale Corp.	0.07%	606	$561K	Reduce -10.1%
SPMD SS SPDR P S&P 400 Midcap ETF	0.07%	9,452	$541K	Add +0.5%
XOM Exxon Mobil Corp.	0.06%	4,602	$519K	Add +3.3%
V Visa Inc. Class A	0.06%	1,492	$509K	Reduce -19.1%
SCHV Schwab US Large-Cap Value	0.06%	17,301	$504K	No change
VONV Vanguard Russell 1000 Value	0.06%	5,477	$489K	Add +5.1%
VTV Vanguard Mrngstr Val ETF-Aui	0.06%	2,612	$487K	No change
SCHF Schwab Intl Equity ETF	0.06%	20,685	$482K	Add +6.3%
HD Home Depot Inc.	0.06%	1,128	$457K	Reduce -32.5%
IJJ iShares S&P Mid-Cap 400 Valu	0.05%	3,420	$444K	No change
EMQQ Emg MKT Internet ETF-USA Inc. filed as EXCHANGE TRADED CONCEPTS TRU	0.05%	9,326	$433K	Reduce -3.3%
PM Philip Morris International	0.05%	2,593	$421K	Reduce -0.1%
MA Mastercard Inc. Class A	0.05%	727	$414K	Reduce -1.6%
SE Sea Ltd.-ADR	0.05%	2,305	$412K	Add +22.5%
RTX RTX Corp.	0.05%	2,399	$401K	Add +3.8%
LLY Eli Lilly & Co.	0.05%	522	$398K	Reduce -17.9%
APH Amphenol Corp. Class A	0.05%	3,201	$396K	Reduce -2.5%
DFUV Dimensional US Marketwide Va	0.05%	8,819	$394K	No change
SCHM Schwab US Mid Cap ETF	0.05%	13,043	$387K	Add +0.3%
EFAV iShares MSCI Eafe Min Vol Fa	0.05%	4,557	$387K	Reduce -0.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.05%	1,339	$378K	Reduce -0.1%
UITB Victoryshares Core Intermedi	0.05%	7,942	$377K	Reduce -1.1%
DSI iShares ESG MSCI KLD 400 ETF	0.05%	2,982	$376K	Reduce -2.3%
VLUE iShares MSCI USA Value Facto	0.04%	2,958	$370K	Reduce -0.9%
PEP Pepsico Inc.	0.04%	2,587	$363K	Reduce -7.8%
POCT Innovator U.S. Equity Power	0.04%	8,398	$362K	No change
ABND Americn Cent Co. PL in ETF-US	0.04%	8,025	$357K	Add +0.2%
MELI MercadoLibre Inc.	0.04%	151	$353K	Reduce -15.6%
ADP Automatic Data Processing	0.04%	1,201	$352K	Reduce -0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.04%	3,070	$352K	Reduce -13.5%
WDC Western Digital Corp.	0.04%	2,879	$346K	New
PWR Quanta Services Inc.	0.04%	823	$341K	No change
WMT Walmart Inc.	0.04%	3,275	$338K	Reduce -31.6%
RDVY First Trust Rising Dividend	0.04%	4,915	$331K	Reduce -5.0%
DFIV Dimensional International Va	0.04%	7,116	$328K	No change
IUSG iShares Core S&P U.S. Growth	0.04%	1,992	$328K	No change
CI The Cigna Group	0.04%	1,116	$322K	Add +9.3%
VGT Vanguard Info Tech ETF	0.04%	423	$316K	Reduce -0.2%
ETN Eaton Corp. PLC	0.04%	833	$312K	New
SHOP Shopify Inc. Class A	0.04%	2,087	$310K	Reduce -23.3%
DFAT Dimensional US Target Value	0.04%	5,310	$309K	No change
MRK Merck & Co. Inc.	0.04%	3,668	$308K	Add +1.5%
MDLZ Mondelez International Inc. Class A	0.04%	4,889	$305K	Add +2.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.04%	5,909	$305K	Reduce -4.0%
PGR Progressive Corp.	0.04%	1,225	$303K	Add +8.4%
LOW Lowe's Cos Inc.	0.04%	1,193	$300K	Add +1.9%
ALAB Astera Labs Inc.	0.04%	1,523	$298K	New
USXF iShares ESG Advance MSCI USA	0.04%	5,198	$298K	Reduce -1.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.04%	2,058	$297K	Reduce -2.0%
SCHB Schwab US Broad Market ETF	0.04%	11,526	$296K	Add +7.7%
VST Vistra Corp.	0.04%	1,509	$296K	Reduce -21.0%
PWV Invesco Large Cap Value ETF	0.04%	4,460	$291K	No change
LDOS Leidos Holdings Inc.	0.04%	1,536	$290K	New
ASML ASML Holding NV-NY Reg SHS	0.04%	298	$288K	Reduce -10.8%
PNOV Innovator U.S. Equity Power	0.03%	6,967	$286K	Reduce -0.2%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.03%	3,261	$284K	No change
RBLX Roblox Corp. Class A	0.03%	2,040	$283K	New
EFG iShares MSCI Eafe Growth ETF	0.03%	2,469	$281K	Add +6.2%
MDYG SS SPDR S&P 400 MC GR ETF	0.03%	3,060	$280K	No change
IWY iShares Russell Top 200 Grow	0.03%	1,013	$277K	Reduce -15.1%
ROKU Roku Inc.	0.03%	2,721	$272K	No change
MDYV SS SPDR S&P 400 MC Val ETF	0.03%	3,250	$271K	No change
C Citigroup Inc.	0.03%	2,648	$269K	Add +5.4%
ABT Abbott Laboratories	0.03%	1,998	$268K	Reduce -3.2%
GILD Gilead Sciences Inc.	0.03%	2,380	$264K	Reduce -1.9%
NTRA Natera Inc.	0.03%	1,632	$263K	Reduce -0.3%
SPGI S&P Global Inc.	0.03%	531	$258K	Reduce -6.7%
MCK McKesson Corp.	0.03%	334	$258K	Add +4.4%
CEG Constellation Energy	0.03%	774	$255K	New
KLAC KLA Corp.	0.03%	236	$255K	Add +1.3%
SDY SS SPDR S&P Dividend ETF	0.03%	1,815	$254K	No change
LCTU iShares U.S. Carbon Transiti	0.03%	3,487	$253K	Reduce -2.4%
MSI Motorola Solutions Inc.	0.03%	553	$253K	Reduce -0.2%
DUK Duke Energy Corp.	0.03%	2,000	$248K	Add +2.9%
FAST Fastenal Co.	0.03%	5,030	$247K	No change
SPYV SS SPDR P S&P 500 Value ETF	0.03%	4,434	$245K	No change
GE General Electric filed as GE AEROSPACE	0.03%	815	$245K	Add +0.7%
CB Chubb Ltd.	0.03%	868	$245K	Add +2.1%
VOO Vanguard S&P 500 ETF	0.03%	397	$243K	New
TDY Teledyne Technologies Inc.	0.03%	412	$241K	Add +1.7%
SPOT Spotify Technology SA	0.03%	345	$241K	Add +16.6%
SPLV Invesco S&P 500 Low Volatili	0.03%	3,264	$240K	No change
VRT Vertiv Holdings Co. Class A	0.03%	1,578	$238K	Reduce -37.2%
WFC Wells Fargo & Co.	0.03%	2,801	$235K	New
HOOD Robinhood Markets Inc. Class A	0.03%	1,583	$227K	Reduce -43.9%
MRSH Marsh & McLennan Cos	0.03%	1,120	$226K	New
TMO Thermo Fisher Scientific Inc.	0.03%	465	$226K	Reduce -26.4%
PYLD PIMCO Multisector Bond Actv	0.03%	8,401	$225K	New
SU Suncor Energy Inc.	0.03%	5,375	$225K	Reduce -0.1%
DFAS Dimensional US Small Cap ETF	0.03%	3,282	$225K	No change
CAT Caterpillar Inc.	0.03%	468	$223K	New
AZO AutoZone Inc.	0.03%	52	$223K	New
GD General Dynamics Corp.	0.03%	652	$222K	New
LMT Lockheed Martin Corp.	0.03%	444	$222K	No change
MS Morgan Stanley	0.03%	1,384	$220K	Reduce -15.8%
INTU Intuit Inc.	0.03%	321	$219K	Reduce -16.8%
PLD Prologis Inc.	0.03%	1,907	$218K	New
ZAPR Intr Eqt Def Pro ETF - 1 Y A	0.03%	8,469	$215K	Add +0.2%
SUSA iShares ESG Optimized MSCI U	0.03%	1,570	$213K	New
ITW Illinois Tool Works	0.03%	812	$212K	New
MUNI PIMCO Intermediate Municipal	0.03%	4,021	$210K	Add +0.6%
IBKR Interactive Brokers Gro Class A	0.03%	3,037	$209K	New
BKNG Booking Holdings Inc.	0.02%	38	$205K	Reduce -2.6%
ADI Analog Devices Inc.	0.02%	828	$203K	Reduce -4.5%
ICVT iShares Convertible Bond ETF	0.02%	2,021	$202K	New
LPLA LPL Financial Holdings Inc.	0.02%	605	$201K	Add +2.0%
MTW Manitowoc Company Inc.	0.02%	19,300	$193K	No change
NVRI Enviri Corp.	0.02%	12,483	$158K	No change

Portfolio Sells Q2 2025 → Q3 2025


SPDW Ste STR SPDR PT DW Eu ETF	Reduce -96.1%	0.21%	−5.51
XLK SS Technology Select Sector	Reduce -93.1%	0.24%	−3.20
QUAL iShares MSCI USA Quality Fac	Reduce -3.6%	6.81%	−0.53
DBMF Imgp Dbi MFT STR ETF-Usd Inc.	Reduce -9.2%	3.56%	−0.53
BNDX Vanguard Total Intl Bond ETF	Reduce -13.3%	1.13%	−0.31
TAXF American Century Diver Muni	Reduce -3.5%	2.43%	−0.28
HMOP Hartford Municipal Opp ETF	Reduce -2.8%	2.32%	−0.27
JGRO JPMorgan Active Growth ETF	Reduce -1.6%	7.34%	−0.23
IXUS iShares Core Intl Stock ETF	Reduce -3.6%	2.06%	−0.15
SCZ iShares MSCI Eafe Small-Cap	Reduce -14.0%	0.57%	−0.12
SPMO Invesco S&P 500 Momentum ETF	Reduce -4.9%	1.49%	−0.12
FVD First Trust Value Line DVD	Reduce -5.7%	0.47%	−0.06
IJH iShares Core S&P Midcap ETF	Reduce -2.0%	0.78%	−0.06
JPSE JPM Diversified RT Small Cap	Reduce -2.6%	1.43%	−0.05
MTUM iShares MSCI USA Momentum Fa	Reduce -13.3%	0.25%	−0.05
IWR iShares Russell Mid-Cap ETF	Reduce -23.9%	0.11%	−0.04
DBEF Xtrackers MSCI Eafe Hedged E	Reduce -5.2%	0.40%	−0.04
GFL GFL Environmental Inc.-Sub VT	Sold out	0.00%	−0.04
AMZN Amazon.com Inc.	Reduce -2.4%	0.27%	−0.04
FISV Fiserv Inc.	Sold out	0.00%	−0.03
ADBE Adobe Inc.	Sold out	0.00%	−0.03
PFE Pfizer Inc.	Sold out	0.00%	−0.03
UNH Unitedhealth Group Inc.	Sold out	0.00%	−0.03
SBUX Starbucks Corp.	Sold out	0.00%	−0.03
CSCO Cisco Systems Inc.	Sold out	0.00%	−0.03
ADSK Autodesk Inc.	Sold out	0.00%	−0.03
DEUS Xtrackers Russell US Multi	Reduce -6.6%	0.19%	−0.03
ZTS Zoetis Inc.	Sold out	0.00%	−0.03
HD Home Depot Inc.	Reduce -32.5%	0.06%	−0.03
V Visa Inc. Class A	Reduce -19.1%	0.06%	−0.03
ISCB iShares Morningstar SM Cap	Reduce -5.8%	0.30%	−0.02
IWM iShares Russell 2000 ETF	Reduce -23.7%	0.08%	−0.02
COWZ Pacer US Cash Cows 100 ETF	Reduce -4.0%	0.21%	−0.02
QUS SS SPDR MSCI U Stratfact ETF	Reduce -4.0%	0.23%	−0.02
WMT Walmart Inc.	Reduce -31.6%	0.04%	−0.02
COST Costco Wholesale Corp.	Reduce -10.1%	0.07%	−0.02
MELI MercadoLibre Inc.	Reduce -15.6%	0.04%	−0.02
VHT Vanguard Health Care ETF	Reduce -8.2%	0.12%	−0.02
LLY Eli Lilly & Co.	Reduce -17.9%	0.05%	−0.02
DIS The Walt Disney Co.	Reduce -13.5%	0.04%	−0.02
QQQ Invesco QQQ Trust Series 1	Reduce -1.0%	0.61%	−0.02
VRT Vertiv Holdings Co. Class A	Reduce -37.2%	0.03%	−0.01
INTU Intuit Inc.	Reduce -16.8%	0.03%	−0.01
JPME JPM Diver Ret US MC Equity	Reduce -3.7%	0.15%	−0.01
VST Vistra Corp.	Reduce -21.0%	0.04%	−0.01
PM Philip Morris International	Reduce -0.1%	0.05%	−0.01
IEFA iShares Core MSCI Eafe ETF	Reduce -1.1%	0.15%	−0.01
TILT NT Mstar US Ftilt ETF	Reduce -0.2%	0.41%	−0.01
IJR iShares Core S&P Small-Cap E	Reduce -2.8%	0.21%	−0.01
SPGI S&P Global Inc.	Reduce -6.7%	0.03%	−0.01

Portfolio Buys Q2 2025 → Q3 2025


ALAI Alger AI Enable & Adopt ETF	New	2.71%	+2.71
AVDE Avantis International Equity	New	2.03%	+2.03
ITOT iShares Core S&P Total U.S.	Add +23.3%	11.16%	+1.88
OEF iShares S&P 100 ETF	New	1.88%	+1.88
SHLD Global X Defense Tech ETF	New	1.34%	+1.34
GSLC Goldman Activebeta US LC ETF	Add +18.0%	10.44%	+1.32
THRO iShares U.S. Thematic Rotati	Add +37.4%	3.45%	+0.84
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +259.6%	0.10%	+0.07
NBIS Nebius Group NV	Add +27.3%	0.13%	+0.07
EMGF iShares Emerging Markets Equ	Add +154.4%	0.10%	+0.06
GOOGL Alphabet Inc. Class A	Add +0.7%	0.24%	+0.05
WDC Western Digital Corp.	New	0.04%	+0.04
ETN Eaton Corp. PLC	New	0.04%	+0.04
DYNF Ishrs US E F R A ETF-Usd Inc.	Add +20.3%	0.24%	+0.04
ALAB Astera Labs Inc.	New	0.04%	+0.04
LDOS Leidos Holdings Inc.	New	0.04%	+0.04
RBLX Roblox Corp. Class A	New	0.03%	+0.03
AVGO Broadcom Inc.	Add +8.2%	0.22%	+0.03
CEG Constellation Energy	New	0.03%	+0.03
VOO Vanguard S&P 500 ETF	New	0.03%	+0.03
WFC Wells Fargo & Co.	New	0.03%	+0.03
MRSH Marsh & McLennan Cos	New	0.03%	+0.03
PYLD PIMCO Multisector Bond Actv	New	0.03%	+0.03
AZO AutoZone Inc.	New	0.03%	+0.03
CAT Caterpillar Inc.	New	0.03%	+0.03
GD General Dynamics Corp.	New	0.03%	+0.03
PLD Prologis Inc.	New	0.03%	+0.03
SUSA iShares ESG Optimized MSCI U	New	0.03%	+0.03
ITW Illinois Tool Works	New	0.03%	+0.03
IBKR Interactive Brokers Gro Class A	New	0.03%	+0.03
ICVT iShares Convertible Bond ETF	New	0.02%	+0.02
ORCL Oracle Corp.	Add +7.5%	0.11%	+0.02
LNT Alliant Energy Corp.	Add +14.4%	0.17%	+0.02
BINC iShares Flex I A ETF-Usd Inc.	Add +11.9%	0.63%	+0.01
IEMG iShares Core MSCI Emerging	Add +7.8%	0.18%	+0.01
TSM Taiwan Semiconductor-SP ADR	Add +2.6%	0.08%	+0.01
SE Sea Ltd.-ADR	Add +22.5%	0.05%	+0.01
IVV iShares Core S&P 500 ETF	Add +5.8%	0.29%	+0.01
XSOE Wisdmtree Emerg MKT Ex-St Ow	Add +1.3%	1.04%	+0.01
IVW iShares S&P 500 Growth ETF	Add +6.3%	0.08%	+0.00
C Citigroup Inc.	Add +5.4%	0.03%	+0.00
RTX RTX Corp.	Add +3.8%	0.05%	+0.00
DIVI Franklin International Core	Add +9.7%	0.08%	+0.00
EXAS Exact Sciences Corp.	Add +11.8%	0.07%	+0.00
KLAC KLA Corp.	Add +1.3%	0.03%	+0.00
GE General Electric	Add +0.7%	0.03%	+0.00
SCHB Schwab US Broad Market ETF	Add +7.7%	0.04%	+0.00
LOW Lowe's Cos Inc.	Add +1.9%	0.04%	+0.00
TDY Teledyne Technologies Inc.	Add +1.7%	0.03%	+0.00
SCHF Schwab Intl Equity ETF	Add +6.3%	0.06%	+0.00

Notes & Other Activity Q2 2025 → Q3 2025


VENTAS REALTY LP (VTR 3.75 06/01/26)	NOTE 3.750% 6/0 · principal	Sold out	15,000	$18Kbefore exit
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27)	NOTE 5.500% 3/1 · principal	Sold out	18,000	$17Kbefore exit
ARBOR REALTY TRUST INC (ABR 7.5 08/01/25)	NOTE 7.500% 8/0 · principal	Sold out	17,000	$17Kbefore exit
DUKE ENERGY CORP (DUK 4.125 04/15/26)	NOTE 4.125% 4/1 · principal	Sold out	16,000	$17Kbefore exit
TWO HARBORS INV CORP (TWO 6.25 01/15/26)	NOTE 6.250% 1/1 · principal	Sold out	17,000	$17Kbefore exit
LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26)	NOTE 0.500%12/1 · principal	Sold out	14,000	$16Kbefore exit
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28)	NOTE 2.875% 3/1 · principal	Sold out	15,000	$16Kbefore exit
JAZZ INVESTMENTS I LTD (JAZZ 2 06/15/26)	NOTE 2.000% 6/1 · principal	Sold out	15,000	$15Kbefore exit
NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25)	NOTE 7.500%10/1 · principal	Sold out	15,000	$15Kbefore exit
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29)	NOTE 0.500% 3/0 · principal	Sold out	16,000	$15Kbefore exit
CAPITAL SOUTHWEST CORP (CSWC 5.125 11/15/29)	NOTE 5.125%11/1 · principal	Sold out	14,000	$14Kbefore exit
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27)	NOTE 0.250% 3/0 · principal	Sold out	14,000	$14Kbefore exit
LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27)	NOTE 2.625%12/1 · principal	Sold out	11,000	$14Kbefore exit
STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27)	NOTE 6.750% 7/1 · principal	Sold out	13,000	$14Kbefore exit
FIRSTENERGY CORP (FE 4 05/01/26)	NOTE 4.000% 5/0 · principal	Sold out	13,000	$13Kbefore exit
AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26)	NOTE 3.625% 6/1 · principal	Sold out	13,000	$13Kbefore exit
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27)	NOTE 0.375% 9/0 · principal	Sold out	13,000	$13Kbefore exit
ALLIANT ENERGY CORP (LNT 3.875 03/15/26)	NOTE 3.875% 3/1 · principal	Sold out	11,000	$11Kbefore exit
SOUTHERN CO (SO 4.5 06/15/27)	NOTE 4.500% 6/1 · principal	Sold out	10,000	$11Kbefore exit

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	249	$1.1B	ITOT, GSLC, CORO, JGRO, VFLO
Q1 2026	215	$900.0M	ITOT, GSLC, VFLO, JGRO, CORO
Q4 2025	208	$877.4M	ITOT, GSLC, VFLO, JGRO, QUAL
Q3 2025	204	$822.9M	ITOT, GSLC, JGRO, VFLO, QUAL
Q2 2025	191	$744.1M	ITOT, GSLC, JGRO, VFLO, QUAL
Q1 2025	183	$683.7M	ITOT, GSLC, JGRO, QUAL, VFLO
Q4 2024	181	$688.3M	ITOT, GSLC, JGRO, QUAL, SPDW
Q3 2024	180	$657.5M	ITOT, GSLC, JGRO, QUAL, UBND
Q2 2024	159	$597.6M	ITOT, GSLC, DBMF, UBND, COWZ
Q1 2024	155	$585.2M	ITOT, GSLC, UBND, GBIL, COWZ