Gradient Investments LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Gradient Investments LLC reported 343 stock positions worth $6.3 billion. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 5.1% of the portfolio, followed by Microsoft (MSFT, 2.3%) and Nvidia (NVDA, 2.3%). Compared with Q3 2025, it opened 20 new positions, sold out of 46, added to 217 and reduced 94. The biggest buy was a new position in Invsco GLXY BTCN ETF (BTCO) and the biggest sale JPMorgan Hedged Equity ETF (HELO, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- ARDEN HILLS, MN
- CIK
- 0001542265
- Portfolio Value
- $6.3B (Q4 2025)
- SEC Filing
- 0001542265-26-000001 ↗ filed Jan 8, 2026
Holdings Value
Holdings 343 stocks · $6.3B
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.14% | 4,039,470 | $324.0M | Add +7.7% |
| MSFT Microsoft Corp. | 2.30% | 299,159 | $144.7M | Add +4.9% |
| NVDA Nvidia Corp. | 2.28% | 771,614 | $143.9M | Reduce -2.6% |
| AMZN Amazon.com Inc. | 2.23% | 608,288 | $140.4M | Add +6.4% |
| AAPL Apple Inc. | 2.19% | 506,680 | $137.7M | Add +5.1% |
| DMBS Doubleline Mortgage ETF | 2.09% | 2,653,434 | $131.8M | Add +10.3% |
| GOOG Alphabet Inc. Class C | 1.98% | 398,030 | $124.9M | Reduce -18.7% |
| AVDE Avantis International Equity | 1.78% | 1,362,051 | $112.1M | Add +3.6% |
| JMBS Janus Henderson Mortg Backed | 1.62% | 2,227,206 | $101.8M | Add +4.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 1.54% | 2,185,934 | $97.1M | Add +2.7% |
| SPAB SS SPDR P Agg Bond ETF | 1.53% | 3,743,769 | $96.4M | Reduce -2.4% |
| META Meta Platforms Inc. Class A | 1.51% | 144,027 | $95.1M | Add +11.6% |
| GLDM SPDR Gold Minishares Trust | 1.49% | 1,101,614 | $94.0M | Add +11.0% |
| SPYI Neos S&P 500 High Income ETF | 1.49% | 1,785,248 | $93.8M | Add +1.8% |
| SEPU Allianzim US BF15 Uncap Sep | 1.49% | 3,232,834 | $93.6M | Add +2.8% |
| RECS Columbia Resear Enh Cor ETF | 1.43% | 2,201,985 | $89.9M | Add +3.0% |
| AVEM Avantis Emerging Markets Eq | 1.35% | 1,105,369 | $85.1M | Add +3.2% |
| GSY Invesco Ultra Short Duration | 1.12% | 1,409,616 | $70.8M | Reduce -2.0% |
| UYLD Angel Oak Ultrashort Income | 1.12% | 1,378,955 | $70.5M | Reduce -2.0% |
| IETC iShares U.S. Tech Independen | 1.09% | 673,735 | $68.4M | Add +7.9% |
| QQQM Invesco Nasdaq 100 ETF | 1.06% | 264,052 | $66.8M | Add +3.3% |
| AVGO Broadcom Inc. | 1.04% | 188,891 | $65.4M | Reduce -12.5% |
| GS Goldman Sachs Group Inc. | 1.02% | 72,864 | $64.0M | Reduce -3.0% |
| JAAA Janus Henderson Aaa Clo ETF | 1.01% | 1,257,023 | $63.6M | Add +8.0% |
| XFIV Bondbloxx BBG 5 YR US Treas | 0.99% | 1,262,202 | $62.5M | Add +11.0% |
| JPM JPMorgan Chase & Co. | 0.99% | 193,446 | $62.3M | Add +2.7% |
| MS Morgan Stanley | 0.93% | 329,766 | $58.5M | Reduce -2.2% |
| DABS Doubleline Asset-Backed ETF | 0.89% | 1,098,513 | $55.9M | Add +8.7% |
| PRFD PIMCO Pref and Cap Sec Act | 0.88% | 1,076,536 | $55.5M | Add +3.1% |
| CVX Chevron Corp. | 0.82% | 339,307 | $51.7M | Add +2.8% |
| FEBT Allianzim US Eq BFFR10 FB-US | 0.82% | 1,352,794 | $51.5M | Add +1.8% |
| IGTR Innovator Grad Tact Rotation | 0.76% | 1,714,366 | $48.1M | Reduce -15.7% |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | 0.76% | 932,204 | $48.0M | Add +11.3% |
| UNH Unitedhealth Group Inc. | 0.75% | 142,934 | $47.2M | Add +1.0% |
| XLF SS Financial Select Sector | 0.74% | 856,963 | $46.9M | Add +4.4% |
| MDT Medtronic PLC | 0.73% | 479,133 | $46.0M | Add +3.4% |
| WMT Walmart Inc. | 0.72% | 408,514 | $45.5M | Reduce -2.9% |
| TGT Target Corp. | 0.71% | 457,664 | $44.7M | Add +61.2% |
| V Visa Inc. Class A | 0.69% | 124,825 | $43.8M | Reduce -15.6% |
| ABT Abbott Laboratories | 0.69% | 346,541 | $43.4M | Add +15.7% |
| XSVN Bondbloxx BBG 7 YR US Treas | 0.69% | 899,690 | $43.2M | Add +10.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.67% | 83,965 | $42.2M | Add +1.3% |
| XBJL Inn US Eq Acc 9 Buff July | 0.65% | 1,076,998 | $41.2M | Reduce -2.2% |
| KO The Coca-Cola Co. | 0.65% | 587,039 | $41.0M | Add +7.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.62% | 428,794 | $39.2M | Add +17.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.62% | 721,667 | $38.9M | Add +4.2% |
| MCD McDonald's Corp. | 0.62% | 126,940 | $38.8M | Add +1.6% |
| XTRE Bondbloxx BBG 3Y US TSY ETF | 0.61% | 771,343 | $38.4M | Add +11.2% |
| DDTL Invtr Eq D Di 10 B ETF - Jul | 0.60% | 1,818,559 | $38.1M | Add +2.2% |
| ETN Eaton Corp. PLC | 0.60% | 119,329 | $38.0M | Add +9.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.60% | 686,142 | $37.7M | Add +0.3% |
| FTSM First Trust Enh Short Mat FD | 0.60% | 628,139 | $37.6M | Add +3.7% |
| LOW Lowe's Cos Inc. | 0.59% | 153,548 | $37.0M | Add +4.5% |
| SPTI SS SPDR P Int Term TSY ETF | 0.58% | 1,274,860 | $36.8M | Add +4.6% |
| PG The Procter & Gamble Co. | 0.58% | 253,089 | $36.3M | Add +12.8% |
| BTCO Invsco GLXY BTCN ETF | 0.57% | 415,168 | $36.2M | New |
| NAUG Innov G-100 Powr BF ETF -Aug | 0.57% | 1,205,780 | $35.7M | Add +2.0% |
| XTEN Bondbloxx BBG 10Y US TSY ETF | 0.54% | 738,835 | $34.1M | Add +10.6% |
| AVUS Avantis U.S. Equity ETF | 0.53% | 298,812 | $33.4M | Add +57.9% |
| PCMM BBLX Private Credit Clo ETF | 0.53% | 664,662 | $33.3M | Add +11.9% |
| URI United Rentals Inc. | 0.51% | 39,420 | $31.9M | Reduce -3.9% |
| PANW Palo Alto Networks Inc. | 0.51% | 172,928 | $31.9M | Add +5.6% |
| JNJ Johnson & Johnson | 0.50% | 151,862 | $31.4M | Reduce -33.3% |
| SIVR Abrdn Physical Silver Shares | 0.50% | 462,030 | $31.3M | Add +14.9% |
| NFLX Netflix Inc. | 0.49% | 325,918 | $30.6M | Add +19.7% |
| MUB iShares National Muni Bond E | 0.47% | 278,687 | $29.9M | Add +42.2% |
| SMOT Vaneck Morningstar Smid Moat | 0.47% | 822,960 | $29.8M | Add +4.3% |
| APH Amphenol Corp. Class A | 0.46% | 214,455 | $29.0M | Reduce -27.3% |
| CRPT FT Skybr Crypt & Dig Econ | 0.46% | 1,928,427 | $28.9M | Add +22.9% |
| LRCX Lam Research Corp. | 0.46% | 168,110 | $28.8M | Reduce -33.2% |
| TJUL Innovator Equity Defined Pro | 0.45% | 965,144 | $28.6M | Add +1.2% |
| ARKW ARK Next Generation Technolo | 0.45% | 190,317 | $28.1M | Add +14.9% |
| BLOK Amplify Blockchain Tech ETF | 0.44% | 489,567 | $27.9M | Add +14.7% |
| SBUX Starbucks Corp. | 0.44% | 330,344 | $27.8M | Add +20.8% |
| MLM Martin Marietta Materials | 0.44% | 44,209 | $27.5M | Add +9.7% |
| ECL Ecolab Inc. | 0.42% | 100,542 | $26.4M | Add +14.7% |
| JULT All US Equ BUF10 Jul ETF-Usd | 0.41% | 582,601 | $26.1M | Reduce -4.2% |
| COP Conocophillips | 0.41% | 274,534 | $25.7M | Add +9.3% |
| WCN Waste Connections Inc. | 0.41% | 145,595 | $25.5M | Add +18.5% |
| ISEP Innovator Intl Dev Eq Power | 0.40% | 768,513 | $25.0M | Add +2.8% |
| COST Costco Wholesale Corp. | 0.39% | 28,345 | $24.4M | Add +7.6% |
| PWR Quanta Services Inc. | 0.38% | 57,159 | $24.1M | Reduce -18.9% |
| CSHI Neos Enhanced Income 1-3 Mon | 0.38% | 481,518 | $23.9M | Add +4.1% |
| NOW ServiceNow Inc. | 0.38% | 155,305 | $23.8M | Add +17.6% |
| EXR Extra Space Storage Inc. | 0.36% | 172,694 | $22.5M | Reduce -1.3% |
| BSX Boston Scientific Corp. | 0.35% | 234,261 | $22.3M | Add +1.7% |
| MLPA Global X MLP ETF | 0.35% | 458,127 | $22.2M | Add +2.4% |
| DXCM Dexcom Inc. | 0.35% | 332,006 | $22.0M | Add +13.8% |
| LLY Eli Lilly & Co. | 0.35% | 20,469 | $22.0M | Add +2351.4% |
| PYPL PayPal Holdings Inc. | 0.34% | 369,410 | $21.6M | Add +7.4% |
| LOUP Innovator Deepwater Frontier | 0.34% | 279,217 | $21.3M | Add +13.6% |
| NEE Nextera Energy Inc. | 0.34% | 265,698 | $21.3M | Reduce -40.0% |
| CHAT Roundhill Gen AI & Tech ETF | 0.33% | 357,539 | $21.1M | Add +11.9% |
| BKR Baker Hughes Co. | 0.33% | 457,399 | $20.8M | Reduce -3.0% |
| LUV Southwest Airlines Co. | 0.33% | 503,336 | $20.8M | Reduce -12.9% |
| QTUM Defiance Quantum ETF | 0.33% | 189,009 | $20.7M | Add +15.2% |
| CTAS Cintas Corp. | 0.33% | 109,038 | $20.5M | Add +9549.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.32% | 132,145 | $20.3M | New |
| ISRG Intuitive Surgical Inc. | 0.32% | 35,412 | $20.1M | New |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.32% | 752,071 | $19.9M | Add +4.5% |
Portfolio Sells Q3 2025 → Q4 2025
| HELO JPMorgan Hedged Equity ETF | Reduce -70.8% | 0.25% | −0.62 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.33 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.32 |
| ORCL Oracle Corp. | Reduce -85.8% | 0.03% | −0.30 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.27 |
| NOC Northrop Grumman Corp. | Reduce -98.0% | 0.00% | −0.26 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.26 |
| NEE Nextera Energy Inc. | Reduce -40.0% | 0.34% | −0.22 |
| PZZA Papa John's Intl Inc. | Sold out | 0.00% | −0.22 |
| CME Cme Group Inc. | Sold out | 0.00% | −0.22 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.21 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.21 |
| MOS The Mosaic Co. | Sold out | 0.00% | −0.21 |
| T AT&T Inc. | Reduce -95.1% | 0.01% | −0.21 |
| JHX James Hardie Ind PLC | Reduce -92.0% | 0.02% | −0.21 |
| DIS The Walt Disney Co. | Reduce -93.8% | 0.01% | −0.21 |
| JNJ Johnson & Johnson | Reduce -33.3% | 0.50% | −0.21 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.20 |
| HON Honeywell International Inc. | Reduce -93.2% | 0.01% | −0.20 |
| BALL Ball Corp. | Sold out | 0.00% | −0.19 |
| AVY Avery Dennison Corp. | Sold out | 0.00% | −0.19 |
| NVDA Nvidia Corp. | Reduce -2.6% | 2.28% | −0.18 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.18 |
| AVGO Broadcom Inc. | Reduce -12.5% | 1.04% | −0.15 |
| APH Amphenol Corp. Class A | Reduce -27.3% | 0.46% | −0.15 |
| V Visa Inc. Class A | Reduce -15.6% | 0.69% | −0.15 |
| URI United Rentals Inc. | Reduce -3.9% | 0.51% | −0.15 |
| IGTR Innovator Grad Tact Rotation | Reduce -15.7% | 0.76% | −0.13 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -2.4% | 1.53% | −0.12 |
| LRCX Lam Research Corp. | Reduce -33.2% | 0.46% | −0.11 |
| PWR Quanta Services Inc. | Reduce -18.9% | 0.38% | −0.10 |
| UYLD Angel Oak Ultrashort Income | Reduce -2.0% | 1.12% | −0.08 |
| GSY Invesco Ultra Short Duration | Reduce -2.0% | 1.12% | −0.08 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.07 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.06 |
| EXR Extra Space Storage Inc. | Reduce -1.3% | 0.36% | −0.05 |
| BKR Baker Hughes Co. | Reduce -3.0% | 0.33% | −0.05 |
| NJAN Innovator Growth 100 Power B | Sold out | 0.00% | −0.05 |
| JANT Allianzim US Eq BFFR10 JN-US | Sold out | 0.00% | −0.04 |
| SNPS Synopsys Inc. | Reduce -2.3% | 0.31% | −0.04 |
| ABBV Abbvie Inc. | Reduce -7.5% | 0.26% | −0.04 |
| RTX RTX Corp. | Reduce -16.9% | 0.23% | −0.04 |
| XBJL Inn US Eq Acc 9 Buff July | Reduce -2.2% | 0.65% | −0.03 |
| JANW Alianzim US Eq BFR20 Jan-Usd | Sold out | 0.00% | −0.03 |
| AEP American Electric Power | Reduce -10.3% | 0.22% | −0.03 |
| NJUL Innovator Growth 100 Power B | Sold out | 0.00% | −0.03 |
| JULT All US Equ BUF10 Jul ETF-Usd | Reduce -4.2% | 0.41% | −0.03 |
| NOCT Innovator Growth-100 Power B | Sold out | 0.00% | −0.03 |
| OCTT All US Equ BUF10 Oct ETF-Usd | Sold out | 0.00% | −0.03 |
| OCTW Alianzim US Eq BFR20 Oct-Usd | Sold out | 0.00% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| BTCO Invsco GLXY BTCN ETF | New | 0.57% | +0.57 |
| LLY Eli Lilly & Co. | Add +2351.4% | 0.35% | +0.34 |
| TJX TJX Companies Inc. | New | 0.32% | +0.32 |
| CTAS Cintas Corp. | Add +9549.4% | 0.33% | +0.32 |
| ISRG Intuitive Surgical Inc. | New | 0.32% | +0.32 |
| TGT Target Corp. | Add +61.2% | 0.71% | +0.28 |
| KEY Keycorp | Add +797.9% | 0.29% | +0.26 |
| JEF Jefferies Financial Group Inc. | Add +807.1% | 0.29% | +0.25 |
| AZN Astrazeneca PLC-Spons ADR | Add +1098.9% | 0.27% | +0.25 |
| C Citigroup Inc. | Add +564.5% | 0.29% | +0.25 |
| GOOGL Alphabet Inc. Class A | Add +492.7% | 0.28% | +0.24 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +7.7% | 5.14% | +0.24 |
| EIX Edison International | Add +949.8% | 0.25% | +0.23 |
| GLDM SPDR Gold Minishares Trust | Add +11.0% | 1.49% | +0.23 |
| UPS United Parcel Service Class B | New | 0.22% | +0.22 |
| CSCO Cisco Systems Inc. | Add +2018.4% | 0.23% | +0.22 |
| HII Huntington Ingalls Industrie | Add +662.3% | 0.24% | +0.21 |
| EOG EOG Resources Inc. | Add +4333.6% | 0.22% | +0.21 |
| ITW Illinois Tool Works | Add +691.3% | 0.24% | +0.21 |
| KHC The Kraft Heinz Co. | New | 0.21% | +0.21 |
| FLEX Flex Ltd. | New | 0.21% | +0.21 |
| QCOM Qualcomm Inc. | Add +4723.2% | 0.21% | +0.20 |
| ASML ASML Holding NV-NY Reg SHS | Add +424.3% | 0.24% | +0.20 |
| LYB Lyondellbasell Indu Class A | New | 0.20% | +0.20 |
| MHO M/I Homes Inc. | Add +689.4% | 0.23% | +0.20 |
| SIVR Abrdn Physical Silver Shares | Add +14.9% | 0.50% | +0.20 |
| KLAC KLA Corp. | New | 0.19% | +0.19 |
| AVUS Avantis U.S. Equity ETF | Add +57.9% | 0.53% | +0.19 |
| ARE Alexandria Real Estate Equit | Add +1453.9% | 0.20% | +0.18 |
| AAPL Apple Inc. | Add +5.1% | 2.19% | +0.14 |
| AMZN Amazon.com Inc. | Add +6.4% | 2.23% | +0.13 |
| MUB iShares National Muni Bond E | Add +42.2% | 0.47% | +0.13 |
| DMBS Doubleline Mortgage ETF | Add +10.3% | 2.09% | +0.10 |
| PALL Abrdn Physical Palladium SHS | Add +21.1% | 0.22% | +0.07 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +17.1% | 0.62% | +0.06 |
| SBUX Starbucks Corp. | Add +20.8% | 0.44% | +0.06 |
| XFIV Bondbloxx BBG 5 YR US Treas | Add +11.0% | 0.99% | +0.05 |
| AVDE Avantis International Equity | Add +3.6% | 1.78% | +0.05 |
| KO The Coca-Cola Co. | Add +7.5% | 0.65% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +6.4% | 0.31% | +0.05 |
| JMST JPM Ultra-Short Muni Income | Add +43.4% | 0.17% | +0.04 |
| WCN Waste Connections Inc. | Add +18.5% | 0.41% | +0.04 |
| IBTH iShares Ibonds Dec 2027 Term | Add +275.6% | 0.06% | +0.04 |
| QTUM Defiance Quantum ETF | Add +15.2% | 0.33% | +0.04 |
| BBBS BBLX BBB 1-5Y Corp. Bond ETF | Add +11.3% | 0.76% | +0.04 |
| LOUP Innovator Deepwater Frontier | Add +13.6% | 0.34% | +0.04 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +57.4% | 0.10% | +0.03 |
| MYCG State Street MY2027 Corporat | Add +263.4% | 0.05% | +0.03 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +41.6% | 0.13% | +0.03 |
| XSVN Bondbloxx BBG 7 YR US Treas | Add +10.9% | 0.69% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 448 | $7.2B | SPYM, NVDA, DMBS, AAPL, AMZN |
| Q1 2026 | 420 | $6.5B | SPYM, DMBS, GLDM, NVDA, AMZN |
| Q4 2025 | 343 | $6.3B | SPYM, MSFT, NVDA, AMZN, AAPL |
| Q3 2025 | 369 | $6.0B | SPYM, NVDA, MSFT, AMZN, AAPL |
| Q2 2025 | 358 | $5.5B | SPYM, MSFT, NVDA, AMZN, SPAB |
| Q1 2025 | 320 | $5.0B | SPYM, SPAB, AMZN, MSFT, AAPL |
| Q4 2024 | 298 | $4.9B | SPYM, SPDW, IGTR, SPYI, SPAB |
| Q3 2024 | 299 | $4.8B | SPYM, IGTR, SIXJ, SPDW, SPAB |
| Q2 2024 | 1,362 | $4.5B | SPYM, IGTR, SPDW, SPAB, IGIB |
| Q1 2024 | 1,190 | $4.3B | SPYM, IGTR, IGIB, SPDW, SPAB |