Great Lakes Advisors, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Great Lakes Advisors, LLC reported 791 stock positions worth $12.1 billion. Its top holding was Alphabet Class A (GOOGL) at 2.9% of the portfolio, followed by JPMorgan Chase (JPM, 2.8%) and Exxon Mobil (XOM, 2.1%). Compared with Q4 2025, it opened 79 new positions, sold out of 86, added to 298 and reduced 377. The biggest buy was Exxon Mobil (XOM, shares +4%) and the biggest sale Wells Fargo (WFC, shares −12%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001078013
Portfolio Value
$12.1B (Q1 2026)
SEC Filing
0001078013-26-000003 ↗ filed May 12, 2026

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $11.8B Q1 2024 Q2 2024: $11.3B Q2 2024 Q3 2024: $11.9B Q3 2024 Q4 2024: $11.7B Q4 2024 Q1 2025: $11.2B Q1 2025 Q2 2025: $11.9B Q2 2025 Q3 2025: $12.0B Q3 2025 Q4 2025: $12.3B Q4 2025 Q1 2026: $12.1B $12.1B Q1 2026 Q2 2026: $13.1B Q2 2026

Holdings 791 stocks · $12.1B

GOOGL Alphabet Inc. Class A 2.87% 1,205,084 $346.5M Add +4.7%
JPM JPMorgan Chase & Co. 2.77% 1,134,824 $333.8M Add +4.3%
XOM Exxon Mobil Corp. 2.12% 1,509,251 $256.1M Add +3.7%
AMZN Amazon.com Inc. 2.10% 1,217,841 $253.6M Add +0.8%
RTX RTX Corp. 1.60% 998,611 $192.6M Add +3.6%
MRK Merck & Co. Inc. 1.56% 1,569,387 $188.8M Reduce -6.4%
LIN Linde PLC 1.51% 366,342 $181.6M Add +4.7%
MSFT Microsoft Corp. 1.50% 488,328 $180.8M Add +8.8%
PH Parker Hannifin Corp. 1.49% 200,190 $179.2M Add +3.3%
NVDA Nvidia Corp. 1.45% 1,005,625 $175.4M Reduce -1.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.42% 3,524,703 $171.8M Reduce -3.9%
MU Micron Technology Inc. 1.33% 476,157 $160.9M Reduce -15.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.30% 985,038 $157.3M Add +15.0%
WFC Wells Fargo & Co. 1.30% 1,968,562 $156.7M Reduce -12.2%
BLK BlackRock Inc. 1.26% 158,429 $152.4M Add +1.3%
GILD Gilead Sciences Inc. 1.26% 1,089,487 $151.8M Add +6.6%
HIG Hartford Insurance Group Inc. 1.23% 1,100,200 $148.8M Add +2.4%
GS Goldman Sachs Group Inc. 1.19% 170,186 $144.0M Add +2.1%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.19% 1,493,804 $144.0M Reduce -3.0%
PWR Quanta Services Inc. 1.19% 260,955 $143.3M Add +1.5%
META Meta Platforms Inc. Class A 1.18% 247,878 $141.8M Add +11.4%
AVGO Broadcom Inc. 1.17% 456,887 $141.4M Add +0.3%
COP Conocophillips 1.17% 1,070,478 $141.3M Add +3.5%
ABT Abbott Laboratories 1.16% 1,359,250 $139.6M Add +3.5%
CSX CSX Corp. 1.14% 3,346,836 $137.4M Add +3.8%
PEP Pepsico Inc. 1.10% 853,864 $132.6M Add +2.6%
ICE Intercontinental Exchange Inc. 1.08% 826,751 $130.0M Add +2.4%
CSCO Cisco Systems Inc. 1.08% 1,675,476 $130.0M Add +2.9%
MLM Martin Marietta Materials 1.06% 217,206 $127.9M Add +18.6%
GLIFX Lazard GLBL LSTD Infra-Inst 1.06% 6,614,451 $127.7M Add +19.9%
LOW Lowe's Cos Inc. 1.03% 523,832 $123.8M Add +4.0%
HGER Harbor Commodity All Weather 0.99% 3,834,178 $118.9M Add +43.6%
ABBV Abbvie Inc. 0.98% 543,816 $118.3M Reduce -8.7%
BSX Boston Scientific Corp. 0.98% 1,878,772 $117.9M Add +5.7%
DAL Delta Air Lines Inc. 0.98% 1,771,745 $117.8M Add +3.2%
CEMIX Causeway Emerging MKTS-Inst 0.95% 7,601,212 $115.1M Add +6.9%
RNR Renaissancere Holdings Ltd. 0.94% 383,445 $114.0M Reduce -20.6%
BRK.B Berkshire Hathaway Inc. Class B 0.94% 236,290 $113.2M Reduce -9.9%
DUK Duke Energy Corp. 0.93% 855,608 $112.0M Add +3.3%
GM General Motors Co. 0.92% 1,497,025 $111.5M Add +0.7%
AAPL Apple Inc. 0.91% 433,967 $110.1M Reduce -3.6%
COR Cencora Inc. 0.90% 347,449 $109.1M Add +2.4%
GEV GE Vernova Inc. 0.88% 121,383 $106.0M Add +1.3%
ROK Rockwell Automation Inc. 0.87% 291,024 $104.4M Add +3.7%
TMO Thermo Fisher Scientific Inc. 0.85% 208,253 $102.4M Add +3.0%
FOXA Fox Corp. Class A 0.84% 1,725,885 $100.8M Add +1.5%
PYODX Victory Pioneer Fund-Y 0.81% 2,201,883 $98.3M Add +19.6%
BA The Boeing Co. 0.81% 489,204 $97.4M Add +3.3%
IVV iShares Core S&P 500 ETF 0.80% 147,630 $96.4M Add +3.2%
FCX Freeport-McMoran Inc. 0.79% 1,630,459 $95.8M Add +4.6%
MSI Motorola Solutions Inc. 0.78% 216,768 $94.1M Add +3.8%
PLD Prologis Inc. 0.78% 707,883 $93.6M Add +2.8%
SLB SLB Ltd. filed as SLB LIMITED 0.71% 1,663,348 $85.5M Add +0.1%
LMGNX Clearbridge Intl Grwth-I filed as Legg Mason Global Asset Manage 0.71% 1,197,868 $85.2M Reduce -10.6%
AXP American Express Co. 0.70% 280,350 $84.8M Reduce -15.4%
MDLZ Mondelez International Inc. Class A 0.69% 1,443,440 $83.2M Add +5.9%
TXT Textron Inc. 0.65% 897,177 $78.6M Add +12.8%
AMT American Tower Corp. 0.64% 449,607 $77.6M Add +4.3%
CIVIX Causeway Intl Val-Inst 0.64% 3,449,571 $77.4M Reduce -15.8%
NEE Nextera Energy Inc. 0.64% 826,884 $76.8M Add +11.0%
TRV The Travelers Cos Inc. 0.60% 249,194 $72.7M Add +16.9%
C Citigroup Inc. 0.51% 539,897 $61.2M Reduce -29.5%
GOOG Alphabet Inc. Class C 0.49% 207,268 $59.5M Reduce -13.9%
IEFA iShares Core MSCI Eafe ETF 0.48% 638,649 $57.8M Add +67.9%
UNH Unitedhealth Group Inc. 0.47% 209,434 $56.7M Add +0.5%
JERIX Janus Hndrsn GLBL RL Est-I 0.46% 4,430,495 $55.1M Add +58.4%
EOG EOG Resources Inc. 0.45% 372,922 $53.9M Add +13.7%
Q Qnity Electronics Inc. 0.44% 464,093 $53.5M Reduce -6.3%
DRI Darden Restaurants Inc. 0.44% 272,083 $53.3M Add +21.5%
VZ Verizon Communications Inc. 0.43% 1,026,058 $51.5M Add +11.9%
PG The Procter & Gamble Co. 0.41% 344,546 $49.8M Add +13.3%
STT State Street Corp. 0.40% 381,495 $48.3M Reduce -21.4%
OTIS Otis Worldwide Corp. 0.40% 620,007 $47.8M Add +16.2%
CMCSA Comcast Corp. Class A 0.40% 1,664,460 $47.8M Reduce -5.3%
NAPIX Voya MM Intl SM Cap-I filed as Voya Mutual Funds Intl Small C 0.39% 614,201 $46.7M Add +12.4%
AMGN Amgen Inc. 0.37% 127,893 $45.0M Add +12.2%
CARR Carrier Global Corp. 0.37% 783,411 $44.1M Add +17.8%
SU Suncor Energy Inc. 0.36% 650,728 $43.0M Reduce -7.3%
SPGI S&P Global Inc. 0.35% 98,516 $41.9M Add +13.0%
SPEM State Street SP PTF Em ETF 0.34% 872,116 $40.9M Add +22.2%
PSA Public Storage 0.34% 149,970 $40.6M Add +17.1%
DD Dupont DE Nemours Inc. 0.34% 883,992 $40.5M Reduce -14.1%
BDX Becton Dickinson and Co. 0.32% 242,729 $38.2M Add +15.6%
EXE Expand Energy Corp. 0.32% 346,859 $38.1M Add +11.6%
BWA Borgwarner Inc. 0.30% 672,634 $36.5M Reduce -34.2%
MCK McKesson Corp. 0.30% 41,342 $35.8M Reduce -37.1%
SHEL Shell PLC-ADR 0.29% 376,963 $35.1M Reduce -35.3%
SKM SK Telecom Co. Ltd.-Spon ADR 0.29% 1,180,946 $34.6M Add +5.7%
RYAAY Ryanair Holdings PLC-SP ADR 0.27% 556,556 $32.2M Add +5.4%
CMI Cummins Inc. 0.26% 57,301 $30.8M Reduce -41.8%
RRGIX DWS Rreef GL RL Est Sec-Inst 0.25% 4,061,533 $30.7M Add +256.8%
OC Owens Corning 0.25% 279,711 $30.3M Add +13.7%
CNH CNH Industrial NV 0.25% 2,733,037 $30.1M Reduce -18.4%
NEM Newmont Corp. 0.24% 271,454 $29.4M Add +8.5%
LRCX Lam Research Corp. 0.24% 136,905 $29.3M Add +10.7%
ORCL Oracle Corp. 0.24% 198,796 $29.2M Add +11.1%
SMOT Vaneck Morningstar Smid Moat 0.24% 815,034 $28.7M Reduce -28.2%
ABEV Ambev SA-ADR 0.23% 9,469,960 $27.7M Add +0.6%
SNDK Sandisk Corp. 0.22% 42,028 $26.7M Reduce -16.4%
CB Chubb Ltd. 0.22% 80,680 $26.3M Reduce -38.6%

Show all 791 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $195K (not counted above)
SecurityClassShares / PrincipalValueChange
FANNIE MAE (FNMA 7.625 PERP R) PFD 20,074$195KAdd +49.5%

Total filed on the 13F, all lines: $12.1B.

Portfolio Sells Q4 2025 → Q1 2026

WFC Wells Fargo & Co. Reduce -12.2% 1.30% −0.40
AXP American Express Co. Reduce -15.4% 0.70% −0.30
DIS The Walt Disney Co. Reduce -3.0% 1.19% −0.23
C Citigroup Inc. Reduce -29.5% 0.51% −0.22
BAC Bank of America Corp. Reduce -3.9% 1.42% −0.22
PM Philip Morris International Reduce -52.4% 0.17% −0.17
GE General Electric Reduce -49.3% 0.15% −0.17
SSNC Ss&c Technologies Holdings Reduce -45.5% 0.12% −0.16
RNR Renaissancere Holdings Ltd. Reduce -20.6% 0.94% −0.16
EXPE Expedia Group Inc. Reduce -42.1% 0.15% −0.16
CMI Cummins Inc. Reduce -41.8% 0.26% −0.15
BKNG Booking Holdings Inc. Reduce -39.1% 0.14% −0.15
CIVIX Causeway Intl Val-Inst Reduce -15.8% 0.64% −0.14
EMR Emerson Electric Co. Reduce -43.3% 0.19% −0.14
MCK McKesson Corp. Reduce -37.1% 0.30% −0.14
ACGL Arch Capital Group Ltd. Reduce -45.7% 0.17% −0.14
BRK.B Berkshire Hathaway Inc. Class B Reduce -9.9% 0.94% −0.14
ABBV Abbvie Inc. Reduce -8.7% 0.98% −0.13
PEG Public Service Enterprise GP Reduce -43.9% 0.17% −0.13
UBER Uber Technologies Inc. Reduce -95.8% 0.00% −0.12
GOOG Alphabet Inc. Class C Reduce -13.9% 0.49% −0.12
CB Chubb Ltd. Reduce -38.6% 0.22% −0.12
HCMLY Holcim Ltd.-Uns ADR Reduce -96.3% 0.00% −0.11
UBS UBS Group AG-Reg Reduce -40.1% 0.12% −0.11
STT State Street Corp. Reduce -21.4% 0.40% −0.11
IWD iShares Russell 1000 Value E Reduce -71.2% 0.04% −0.10
LMGNX Clearbridge Intl Grwth-I Reduce -10.6% 0.71% −0.10
NVDA Nvidia Corp. Reduce -1.6% 1.45% −0.10
SMOT Vaneck Morningstar Smid Moat Reduce -28.2% 0.24% −0.10
AAPL Apple Inc. Reduce -3.6% 0.91% −0.09
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.08
PYPL PayPal Holdings Inc. Reduce -46.5% 0.06% −0.08
GEHC GE Healthcare Technology Reduce -49.6% 0.06% −0.08
HAS Hasbro Inc. Reduce -48.0% 0.12% −0.08
BWA Borgwarner Inc. Reduce -34.2% 0.30% −0.07
U Unity Software Inc. Reduce -58.0% 0.02% −0.07
AVY Avery Dennison Corp. Reduce -42.4% 0.09% −0.07
CVS CVS Health Corp. Reduce -49.5% 0.06% −0.07
BUD Anheuser-Busch Inbev-SPN ADR Reduce -53.6% 0.07% −0.07
AAL American Airlines Group Inc. Sold out 0.00% −0.06
AFRM Affirm Holdings Inc. Sold out 0.00% −0.06
CADE Cadence Bank Sold out 0.00% −0.06
SHEL Shell PLC-ADR Reduce -35.3% 0.29% −0.06
APP AppLovin Corp. Class A Reduce -46.7% 0.03% −0.06
CMA Comerica Inc. Sold out 0.00% −0.06
CCOJY Coca-Cola Bottlers-Unsp ADR Sold out 0.00% −0.06
LMT Lockheed Martin Corp. Reduce -49.6% 0.09% −0.05
MA Mastercard Inc. Class A Reduce -16.3% 0.15% −0.05
CVX Chevron Corp. Reduce -42.7% 0.19% −0.05
XP XP Inc. Class A Reduce -96.3% 0.00% −0.05

Portfolio Buys Q4 2025 → Q1 2026

XOM Exxon Mobil Corp. Add +3.7% 2.12% +0.70
HGER Harbor Commodity All Weather Add +43.6% 0.99% +0.45
COP Conocophillips Add +3.5% 1.17% +0.38
PWR Quanta Services Inc. Add +1.5% 1.19% +0.30
LIN Linde PLC Add +4.7% 1.51% +0.29
GLIFX Lazard GLBL LSTD Infra-Inst Add +19.9% 1.06% +0.24
GEV GE Vernova Inc. Add +1.3% 0.88% +0.24
GILD Gilead Sciences Inc. Add +6.6% 1.26% +0.24
TJX TJX Companies Inc. Add +15.0% 1.30% +0.23
IEFA iShares Core MSCI Eafe ETF Add +67.9% 0.48% +0.20
SLB SLB Ltd. Add +0.1% 0.71% +0.19
CSX CSX Corp. Add +3.8% 1.14% +0.19
RRGIX DWS Rreef GL RL Est Sec-Inst Add +256.8% 0.25% +0.19
JERIX Janus Hndrsn GLBL RL Est-I Add +58.4% 0.46% +0.18
EOG EOG Resources Inc. Add +13.7% 0.45% +0.17
RTX RTX Corp. Add +3.6% 1.60% +0.16
NEE Nextera Energy Inc. Add +11.0% 0.64% +0.15
FCX Freeport-McMoran Inc. Add +4.6% 0.79% +0.15
DUK Duke Energy Corp. Add +3.3% 0.93% +0.14
PYODX Victory Pioneer Fund-Y Add +19.6% 0.81% +0.14
MLM Martin Marietta Materials Add +18.6% 1.06% +0.13
MSI Motorola Solutions Inc. Add +3.8% 0.78% +0.13
PEP Pepsico Inc. Add +2.6% 1.10% +0.13
VZ Verizon Communications Inc. Add +11.9% 0.43% +0.12
CEMIX Causeway Emerging MKTS-Inst Add +6.9% 0.95% +0.12
DRI Darden Restaurants Inc. Add +21.5% 0.44% +0.11
SKM SK Telecom Co. Ltd.-Spon ADR Add +5.7% 0.29% +0.10
TRV The Travelers Cos Inc. Add +16.9% 0.60% +0.10
VTSAX VNGD Mrngst TS MK Idx FD-Adm New 0.10% +0.10
PH Parker Hannifin Corp. Add +3.3% 1.49% +0.10
MDLZ Mondelez International Inc. Class A Add +5.9% 0.69% +0.09
PSX Phillips 66 Add +90.8% 0.14% +0.09
TXT Textron Inc. Add +12.8% 0.65% +0.09
CARR Carrier Global Corp. Add +17.8% 0.37% +0.08
COST Costco Wholesale Corp. Add +65.3% 0.15% +0.07
LRCX Lam Research Corp. Add +10.7% 0.24% +0.07
AMGN Amgen Inc. Add +12.2% 0.37% +0.07
SPEM State Street SP PTF Em ETF Add +22.2% 0.34% +0.07
PSA Public Storage Add +17.1% 0.34% +0.07
ALB Albemarle Corp. New 0.06% +0.06
KNX Knight-Swift Transportation Add +486.0% 0.07% +0.06
PLD Prologis Inc. Add +2.8% 0.78% +0.06
PG The Procter & Gamble Co. Add +13.3% 0.41% +0.06
NAPIX Voya MM Intl SM Cap-I Add +12.4% 0.39% +0.06
PFE Pfizer Inc. Add +33.3% 0.16% +0.06
CSCO Cisco Systems Inc. Add +2.9% 1.08% +0.05
FITB Fifth Third Bancorp New 0.05% +0.05
REGN Regeneron Pharmaceuticals Add +458.2% 0.07% +0.05
SOUHY SOUTH32 - ADR New 0.05% +0.05
UTHR United Therapeutics Corp. Add +100.5% 0.07% +0.04

Notes & Other Activity Q4 2025 → Q1 2026

FANNIE MAE (FNMA 7.625 PERP R) PFD Add +49.5% 20,074 $195K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 824$13.1BAMZN, AAPL, MSFT, JPM, GOOGL
Q1 2026 791$12.1BGOOGL, JPM, XOM, AMZN, RTX
Q4 2025 797$12.3BGOOGL, JPM, AMZN, MSFT, WFC
Q3 2025 793$12.0BJPM, GOOGL, AMZN, MSFT, NVDA
Q2 2025 806$11.9BJPM, MSFT, AMZN, NVDA, BSX
Q1 2025 791$11.2BJPM, BSX, UNH, ABBV, MSFT
Q4 2024 813$11.7BJPM, MSFT, BSX, UNH, BLK
Q3 2024 831$11.9BJPM, MSFT, UNH, XOM, BSX
Q2 2024 832$11.3BMSFT, JPM, XOM, BSX, UNH
Q1 2024 802$11.8BMSFT, JPM, XOM, MRK, DIS