HB Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), HB Wealth Management, LLC reported 1,178 stock positions worth $11.9 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 18.7% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 8.6%) and JPMorgan Ultra-Short Income (JPST, 3.6%). Compared with Q4 2024, it opened 188 new positions, sold out of 50, added to 817 and reduced 121. The biggest buy was a new position in JPMorgan Core Plus Bond ETF (JCPB) and the biggest sale Tesla (TSLA, shares −78%).
- Most Recent 13F
- Q2 2026
- Location
- Atlanta, GA
- CIK
- 0001911253
- Portfolio Value
- $11.9B (Q1 2025)
- SEC Filing
- 0001172661-25-001594 ↗ filed May 7, 2025
Holdings Value
Holdings 1,178 stocks · $11.9B
| VTI VG Morningstar TS MKT ETF-US | 18.71% | 8,458,435 | $2.2B | Add +7.4% |
| VIG Vanguard Dividend Apprec ETF | 8.64% | 5,349,243 | $1.0B | Add +9.9% |
| JPST JPMorgan Ultra-Short Income | 3.62% | 8,545,925 | $430.3M | Add +2.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.13% | 4,788,489 | $371.7M | Add +3.3% |
| VXUS Vanguard Total Intl Stock | 3.06% | 5,900,252 | $364.4M | Add +4.8% |
| MINT PIMCO Enhanced Short Maturit | 2.93% | 3,464,529 | $348.6M | Reduce -0.3% |
| AAPL Apple Inc. | 2.84% | 1,519,476 | $337.5M | Add +25.3% |
| HD Home Depot Inc. | 2.11% | 685,240 | $251.1M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.01% | 428,183 | $239.5M | Add +27.2% |
| IVW iShares S&P 500 Growth ETF | 1.94% | 2,479,175 | $230.1M | Reduce -0.2% |
| MSFT Microsoft Corp. | 1.52% | 482,005 | $180.9M | Add +40.8% |
| JCPB JPMorgan Core Plus Bond ETF | 1.49% | 3,777,846 | $177.7M | New |
| SCHB Schwab US Broad Market ETF | 1.17% | 6,470,877 | $139.3M | Reduce -0.5% |
| AVDE Avantis International Equity | 1.12% | 2,007,800 | $133.1M | Add +27747.4% |
| ITOT iShares Core S&P Total U.S. | 0.99% | 961,484 | $117.3M | Add +0.8% |
| IVV iShares Core S&P 500 ETF | 0.95% | 201,171 | $113.0M | Add +11.8% |
| GSIE Goldman Sachs Activebeta Int | 0.94% | 3,123,743 | $111.4M | New |
| GSLC Goldman Activebeta US LC ETF | 0.93% | 1,009,564 | $111.1M | New |
| AVUS Avantis U.S. Equity ETF | 0.91% | 1,174,242 | $108.5M | Add +2108.4% |
| AMZN Amazon.com Inc. | 0.90% | 560,610 | $106.7M | Add +34.5% |
| NVDA Nvidia Corp. | 0.86% | 945,865 | $102.5M | Add +7.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.81% | 1,046,985 | $96.2M | Add +38806.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.73% | 163,173 | $86.9M | Add +20.4% |
| VOO Vanguard S&P 500 ETF | 0.72% | 166,971 | $85.8M | Add +7.6% |
| SCHX Schwab US Large-Cap ETF | 0.57% | 3,083,284 | $68.1M | Add +2.6% |
| V Visa Inc. Class A | 0.57% | 192,947 | $67.6M | Add +101.4% |
| HTRB Hartford TTL RTRN BND ETF | 0.56% | 1,951,956 | $66.1M | New |
| AVUV Avantis US Small Cap Value | 0.55% | 751,803 | $65.5M | New |
| AVEM Avantis Emerging Markets Eq | 0.55% | 1,088,701 | $65.5M | Add +5090.0% |
| DFAU Dimensional US Core Equity M | 0.55% | 1,700,889 | $65.4M | Add +14.5% |
| GOOGL Alphabet Inc. Class A | 0.50% | 386,802 | $59.8M | Add +55.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.50% | 973,811 | $59.1M | Reduce -1.5% |
| GEM Goldman Sachs Activebeta Em | 0.50% | 1,780,214 | $59.1M | New |
| IJR iShares Core S&P Small-Cap E | 0.47% | 532,063 | $55.6M | Add +226.7% |
| GOOG Alphabet Inc. Class C | 0.46% | 346,371 | $54.1M | Add +65.4% |
| JPM JPMorgan Chase & Co. | 0.45% | 219,144 | $53.8M | Add +28.0% |
| JSCP JPMorgan Short Duration Core | 0.44% | 1,119,948 | $52.9M | New |
| LLY Eli Lilly & Co. | 0.38% | 55,295 | $45.7M | Add +26.3% |
| PG The Procter & Gamble Co. | 0.38% | 267,664 | $45.6M | Add +23.6% |
| JNJ Johnson & Johnson | 0.38% | 273,134 | $45.3M | Add +31.6% |
| META Meta Platforms Inc. Class A | 0.36% | 74,549 | $43.0M | Add +23.5% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 1,524,103 | $42.6M | Add +6.0% |
| ACN Accenture PLC Class A | 0.35% | 133,414 | $41.6M | Add +6.9% |
| KO The Coca-Cola Co. | 0.35% | 573,832 | $41.1M | Add +11.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 87,005 | $40.8M | Add +4.7% |
| SCHG Schwab US Large-Cap Growth | 0.33% | 1,576,201 | $39.5M | Reduce -0.2% |
| RSP Invesco S&P 500 Equal Weight | 0.29% | 199,948 | $34.6M | Add +497.3% |
| WMT Walmart Inc. | 0.29% | 387,260 | $34.0M | Add +10.8% |
| UNH Unitedhealth Group Inc. | 0.29% | 64,780 | $33.9M | Add +24.6% |
| IWD iShares Russell 1000 Value E | 0.28% | 175,439 | $33.0M | Add +6.2% |
| AVGO Broadcom Inc. | 0.27% | 195,002 | $32.6M | Add +38.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.27% | 639,956 | $32.5M | Add +10.2% |
| ALB Albemarle Corp. | 0.26% | 425,945 | $30.7M | Reduce -18.1% |
| DFAC Dimensional US Core Equity 2 | 0.26% | 919,235 | $30.3M | Add +3392.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.25% | 116,646 | $30.2M | Add +24.1% |
| SCHF Schwab Intl Equity ETF | 0.25% | 1,514,481 | $30.0M | Reduce -39.1% |
| T AT&T Inc. | 0.25% | 1,050,746 | $29.7M | Add +9.1% |
| CVX Chevron Corp. | 0.25% | 176,429 | $29.5M | Add +14.9% |
| ORCL Oracle Corp. | 0.24% | 205,337 | $28.7M | Add +10.6% |
| MA Mastercard Inc. Class A | 0.23% | 50,240 | $27.5M | Add +116.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.23% | 73,572 | $27.3M | Add +9.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.23% | 34 | $27.1M | Add +30.8% |
| XOM Exxon Mobil Corp. | 0.23% | 227,202 | $27.0M | Add +42.6% |
| MCD McDonald's Corp. | 0.22% | 85,452 | $26.7M | Add +35.7% |
| IWF iShares Russell 1000 Growth | 0.22% | 73,819 | $26.7M | Add +15.0% |
| ABBV Abbvie Inc. | 0.22% | 126,784 | $26.6M | Add +17.5% |
| IWV iShares Russell 3000 ETF | 0.22% | 82,399 | $26.2M | Reduce -2.3% |
| COST Costco Wholesale Corp. | 0.21% | 26,827 | $25.4M | Add +30.9% |
| CSCO Cisco Systems Inc. | 0.20% | 386,846 | $23.9M | Add +19.1% |
| TSLA Tesla Inc. | 0.20% | 91,872 | $23.8M | Reduce -78.4% |
| ABT Abbott Laboratories | 0.20% | 177,811 | $23.6M | Add +56.9% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.20% | 75,498 | $23.3M | Add +3.1% |
| RTX RTX Corp. | 0.18% | 163,443 | $21.6M | Add +13.7% |
| GLD SPDR Gold Shares | 0.18% | 75,087 | $21.6M | Add +47.8% |
| PEP Pepsico Inc. | 0.18% | 139,676 | $20.9M | Add +36.9% |
| ACWV iShares MSCI Global Min Vol | 0.18% | 179,035 | $20.8M | New |
| HDV iShares Core High Dividend E | 0.16% | 160,543 | $19.4M | Add +2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 77,323 | $19.2M | Add +10.7% |
| DGRW Wisdomtree U.S. Quality Divi | 0.16% | 240,150 | $19.2M | Reduce -3.7% |
| HON Honeywell International Inc. | 0.15% | 84,605 | $17.9M | Add +8.5% |
| MRK Merck & Co. Inc. | 0.15% | 197,580 | $17.7M | Add +28.1% |
| AVMC Avantis US Mid Cap Eq ETF | 0.15% | 284,819 | $17.7M | New |
| NEU Newmarket Corp. | 0.14% | 30,335 | $17.2M | Reduce -12.2% |
| AXP American Express Co. | 0.14% | 63,484 | $17.1M | Add +9.9% |
| EFA iShares MSCI Eafe ETF | 0.14% | 208,557 | $17.0M | Add +15.2% |
| OBDC Blue Owl Capital Corp. | 0.14% | 1,131,920 | $16.6M | Add +311.3% |
| AMGN Amgen Inc. | 0.14% | 52,980 | $16.5M | Add +20.8% |
| NFLX Netflix Inc. | 0.14% | 17,470 | $16.3M | Add +27.7% |
| SO The Southern Co. | 0.14% | 176,930 | $16.3M | Add +1.2% |
| VONG Vanguard Russell 1000 Growth | 0.13% | 168,560 | $15.6M | Add +0.9% |
| TXN Texas Instruments Inc. | 0.13% | 84,086 | $15.1M | Reduce -15.8% |
| IXUS iShares Core Intl Stock ETF | 0.13% | 213,237 | $14.9M | Add +2.5% |
| NEE Nextera Energy Inc. | 0.13% | 209,852 | $14.9M | Add +23.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.12% | 353,925 | $14.8M | Add +21.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.12% | 66,534 | $14.8M | Add +2.5% |
| PM Philip Morris International | 0.12% | 91,961 | $14.6M | Add +40.2% |
| CAT Caterpillar Inc. | 0.12% | 44,115 | $14.5M | Add +16.7% |
| ADP Automatic Data Processing | 0.12% | 47,488 | $14.5M | Add +9.0% |
| AGG iShares Core U.S. Aggregate | 0.12% | 146,607 | $14.5M | Add +96.2% |
| ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC | 0.12% | 389,898 | $14.4M | Reduce -0.1% |
Options reported separately and not counted above: SPY calls ($9.5M), EFA calls ($6.1M), MKC puts ($5.3M), AAPL puts ($5.0M), NVDA puts ($3.0M), AXSM puts ($2.9M), TROW puts ($2.8M), IWM calls ($2.1M), EEM calls ($1.4M), DIS puts ($908K), NUE puts ($903K), PRU puts ($882K), and 12 more.
Other holdings (19): bonds, preferreds, convertibles and warrants · $7.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 1,607,000 | $1.5M | New |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 1,505,000 | $1.5M | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 1,471,000 | $1.4M | New |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | 47,205 | $1.1M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 1,186,000 | $1.1M | New |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 452,000 | $435K | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 206 | $247K | No change |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 17,000 | $40K | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 20,000 | $22K | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 21,000 | $21K | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 20,000 | $20K | No change |
| MIDDLEBY CORP (MIDD 1 09/01/25) | NOTE 1.000% 9/0 · principal | 16,000 | $19K | No change |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 19,000 | $18K | No change |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 16,000 | $16K | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 16,000 | $16K | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 13,000 | $15K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 13,000 | $12K | New |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 11,000 | $10K | No change |
| SABSW Sab Biotherapeutics Inc. Class W | *W EXP 10/22/202 | 60,000 | $2K | Add +20.0% |
Total filed on the 13F, all lines: $11.9B.
Portfolio Sells Q4 2024 → Q1 2025
| TSLA Tesla Inc. | Reduce -78.4% | 0.20% | −1.56 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.2% | 1.94% | −0.64 |
| MINT PIMCO Enhanced Short Maturit | Reduce -0.3% | 2.93% | −0.64 |
| SCHB Schwab US Broad Market ETF | Reduce -0.5% | 1.17% | −0.34 |
| SCHF Schwab Intl Equity ETF | Reduce -39.1% | 0.25% | −0.22 |
| ALB Albemarle Corp. | Reduce -18.1% | 0.26% | −0.20 |
| SCHG Schwab US Large-Cap Growth | Reduce -0.2% | 0.33% | −0.12 |
| OBDE Blue Owl Capital Corp. III | Sold out | 0.00% | −0.10 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -1.5% | 0.50% | −0.08 |
| IWV iShares Russell 3000 ETF | Reduce -2.3% | 0.22% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -15.8% | 0.13% | −0.06 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -3.7% | 0.16% | −0.05 |
| XLE SS Energy Select Sector | Reduce -76.6% | 0.01% | −0.04 |
| QLTY GMO U.S. Quality ETF | Reduce -30.3% | 0.05% | −0.04 |
| NEU Newmarket Corp. | Reduce -12.2% | 0.14% | −0.04 |
| TOTL SS Doubleline TR Tact ETF | Reduce -12.0% | 0.12% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -29.6% | 0.04% | −0.03 |
| XLK SS Technology Select Sector | Reduce -16.5% | 0.05% | −0.03 |
| DGRO iShares Core Dividend Growth | Reduce -1.3% | 0.12% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -3.3% | 0.08% | −0.02 |
| IWO iShares Russell 2000 Growth | Reduce -9.9% | 0.04% | −0.02 |
| ITA iShares U.S. Aerospace & Def | Reduce -88.7% | 0.00% | −0.02 |
| LRGF iShares US Equity Factor ETF | Reduce -2.6% | 0.07% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.0% | 0.10% | −0.02 |
| EFX Equifax Inc. | Reduce -13.5% | 0.04% | −0.02 |
| OEF iShares S&P 100 ETF | Reduce -1.1% | 0.05% | −0.02 |
| DELL Dell Technologies -C | Reduce -56.5% | 0.01% | −0.02 |
| ILOW AB Internal Low Volat Eq ETF | Reduce -0.1% | 0.12% | −0.01 |
| EMR Emerson Electric Co. | Reduce -11.6% | 0.02% | −0.01 |
| MRVL Marvell Technology Inc. | Reduce -18.6% | 0.01% | −0.01 |
| GIS General Mills Inc. | Reduce -18.2% | 0.02% | −0.01 |
| IUSG iShares Core S&P U.S. Growth | Reduce -4.0% | 0.03% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -16.8% | 0.02% | −0.01 |
| BBCA JPMorgan Betabuilders Canada | Sold out | 0.00% | −0.01 |
| MDY State Street SPDR S&P Midcap | Reduce -4.6% | 0.03% | −0.01 |
| VUSB Vanguard Ultra Short Bond Et | Reduce -37.0% | 0.01% | −0.01 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -0.3% | 0.06% | −0.01 |
| LW Lamb Weston Holdings Inc. | Sold out | 0.00% | −0.01 |
| ARCC Ares Capital Corp. | Reduce -7.0% | 0.03% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -7.1% | 0.02% | −0.01 |
| NBOS Neuberger Option Strategy Et | Reduce -19.3% | 0.01% | −0.01 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −0.01 |
| SRE Sempra | Reduce -17.5% | 0.01% | −0.01 |
| GBDC Golub Capital BDC Inc. | Reduce -1.1% | 0.03% | −0.01 |
| KYN Kayne Anderson Energy Infra | Reduce -19.8% | 0.01% | −0.01 |
| RNR Renaissancere Holdings Ltd. | Reduce -41.6% | 0.01% | −0.01 |
| SMCI Super Micro Computer Inc. | Reduce -48.6% | 0.01% | −0.01 |
| ADM Archer-Daniels-Midland Co. | Reduce -11.4% | 0.01% | −0.01 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -43.2% | 0.00% | −0.01 |
| KBE SS SPDR S&P Bank ETF | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| JCPB JPMorgan Core Plus Bond ETF | New | 1.49% | +1.49 |
| AVDE Avantis International Equity | Add +27747.4% | 1.12% | +1.11 |
| GSIE Goldman Sachs Activebeta Int | New | 0.94% | +0.94 |
| GSLC Goldman Activebeta US LC ETF | New | 0.93% | +0.93 |
| AVUS Avantis U.S. Equity ETF | Add +2108.4% | 0.91% | +0.86 |
| TROW T Rowe Price Group Inc. | Add +38806.9% | 0.81% | +0.81 |
| HTRB Hartford TTL RTRN BND ETF | New | 0.56% | +0.56 |
| AVUV Avantis US Small Cap Value | New | 0.55% | +0.55 |
| AVEM Avantis Emerging Markets Eq | Add +5090.0% | 0.55% | +0.54 |
| GEM Goldman Sachs Activebeta Em | New | 0.50% | +0.50 |
| JSCP JPMorgan Short Duration Core | New | 0.44% | +0.44 |
| IJR iShares Core S&P Small-Cap E | Add +226.7% | 0.47% | +0.28 |
| V Visa Inc. Class A | Add +101.4% | 0.57% | +0.26 |
| DFAC Dimensional US Core Equity 2 | Add +3392.4% | 0.26% | +0.25 |
| RSP Invesco S&P 500 Equal Weight | Add +497.3% | 0.29% | +0.23 |
| ACWV iShares MSCI Global Min Vol | New | 0.18% | +0.18 |
| AVMC Avantis US Mid Cap Eq ETF | New | 0.15% | +0.15 |
| MA Mastercard Inc. Class A | Add +116.1% | 0.23% | +0.11 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +20.4% | 0.73% | +0.10 |
| OBDC Blue Owl Capital Corp. | Add +311.3% | 0.14% | +0.10 |
| VT Vanguard Tot World STK ETF | Add +593.9% | 0.10% | +0.08 |
| UBER Uber Technologies Inc. | Add +363.6% | 0.10% | +0.08 |
| DFCF Dimensional Core Fixed Inc. | New | 0.08% | +0.08 |
| AVDV Avantis Intl S/C Value ETF | New | 0.07% | +0.07 |
| JNJ Johnson & Johnson | Add +31.6% | 0.38% | +0.07 |
| MKC McCormick & Co.-Non VTG SHRS | Add +1890.3% | 0.08% | +0.07 |
| NDSN Nordson Corp. | New | 0.07% | +0.07 |
| DHR Danaher Corp. | Add +344.8% | 0.10% | +0.07 |
| ABT Abbott Laboratories | Add +56.9% | 0.20% | +0.07 |
| IAU iShares Gold Trust | Add +145.1% | 0.10% | +0.06 |
| KKR KKR & Co. Inc. | Add +551.4% | 0.07% | +0.06 |
| GLD SPDR Gold Shares | Add +47.8% | 0.18% | +0.06 |
| TDG Transdigm Group Inc. | Add +666.5% | 0.07% | +0.06 |
| AXSM Axsome Therapeutics Inc. | New | 0.05% | +0.05 |
| ACWI iShares MSCI Acwi ETF | Add +283.0% | 0.08% | +0.05 |
| XOM Exxon Mobil Corp. | Add +42.6% | 0.23% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +153.4% | 0.10% | +0.05 |
| PWR Quanta Services Inc. | Add +774.6% | 0.06% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +116.2% | 0.12% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +96.2% | 0.12% | +0.05 |
| CSGP Costar Group Inc. | Add +1570.4% | 0.05% | +0.05 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +30.8% | 0.23% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +65.4% | 0.46% | +0.05 |
| VMC Vulcan Materials Co. | Add +1025.0% | 0.05% | +0.05 |
| HEI.A Heico Corp. Class A | New | 0.05% | +0.05 |
| SPGI S&P Global Inc. | Add +162.2% | 0.08% | +0.05 |
| MSFT Microsoft Corp. | Add +40.8% | 1.52% | +0.05 |
| WCN Waste Connections Inc. | New | 0.05% | +0.05 |
| DCOR Dimensional US Core Eq 1 ETF | New | 0.04% | +0.04 |
| PM Philip Morris International | Add +40.2% | 0.12% | +0.04 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +709.5% | 17,000 | $9.5M |
| EFA iShares MSCI Eafe ETF | call | New | 75,000 | $6.1M |
| MKC McCormick & Co.-Non VTG SHRS | put | New | 64,100 | $5.3M |
| AAPL Apple Inc. | put | New | 22,700 | $5.0M |
| AXSM Axsome Therapeutics Inc. | put | New | 24,900 | $2.9M |
| TROW T Rowe Price Group Inc. | put | New | 30,000 | $2.8M |
| IWM iShares Russell 2000 ETF | call | New | 10,700 | $2.1M |
| EEM iShares MSCI Emerging Market | call | New | 32,400 | $1.4M |
| DIS The Walt Disney Co. | put | New | 9,200 | $908K |
| PRU Prudential Financial Inc. | put | New | 7,900 | $882K |
| TFC Truist Financial Corp. | call | Sold out | 20,000 | $868Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -42.3% | 1,500 | $839K |
| ALGN Align Technology Inc. | put | New | 4,900 | $778K |
| PWR Quanta Services Inc. | put | New | 3,000 | $763K |
| BX Blackstone Inc. | put | New | 5,300 | $741K |
| BLKB Blackbaud Inc. | put | Sold out | 10,000 | $739Kbefore exit |
| GOOG Alphabet Inc. Class C | call | Sold out | 2,000 | $381Kbefore exit |
| PLTR Palantir Technologies Inc. Class A | call | Sold out | 5,000 | $380Kbefore exit |
| PANW Palo Alto Networks Inc. | call | Sold out | 2,000 | $367Kbefore exit |
| ANET Arista Networks Inc. | call | Sold out | 3,000 | $332Kbefore exit |
| NVDA Nvidia Corp. | call | New | 3,000 | $326K |
| SYK Stryker Corp. | put | New | 800 | $298K |
| QQQ Invesco QQQ Trust Series 1 | put | New | 600 | $281K |
| AMZN Amazon.com Inc. | put | New | 1,400 | $266K |
| AMD Advanced Micro Devices | call | Sold out | 2,000 | $242Kbefore exit |
| ADBE Adobe Inc. | call | New | 600 | $230K |
| ASML ASML Holding NV-NY Reg SHS | call | Sold out | 300 | $208Kbefore exit |
| MU Micron Technology Inc. | call | Sold out | 2,000 | $168Kbefore exit |
| SMCI Super Micro Computer Inc. | call | Sold out | 5,000 | $153Kbefore exit |
| HOOD Robinhood Markets Inc. Class A | call | Sold out | 3,500 | $130Kbefore exit |
| MDB Mongodb Inc. | call | Sold out | 500 | $116Kbefore exit |
| DELL Dell Technologies -C | call | Sold out | 1,000 | $115Kbefore exit |
| SOUN Soundhound AI Inc. Class A | call | Sold out | 4,000 | $73Kbefore exit |
| RGTI Rigetti Computing Inc. | call | Sold out | 2,000 | $31Kbefore exit |
| INTC Intel Corp. | call | Sold out | 1,500 | $30Kbefore exit |
| WHR Whirlpool Corp. | call | Sold out | 200 | $23Kbefore exit |
| AGYS Agilysys Inc. | call | New | 200 | $15K |
| IBRX Immunitybio Inc. | call | Sold out | 3,000 | $8Kbefore exit |
| IOVA Iovance Biotherapeutics Inc. | call | New | 2,000 | $7K |
| RPTX Repare Therapeutics Inc. | call | Sold out | 1,000 | $1Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | New | 1,607,000 | $1.5M |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | New | 1,505,000 | $1.5M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | New | 1,471,000 | $1.4M |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | New | 47,205 | $1.1M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | New | 1,186,000 | $1.1M |
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | New | 452,000 | $435K |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | New | 13,000 | $12K |
| SABSW Sab Biotherapeutics Inc. Class W | *W EXP 10/22/202 | Add +20.0% | 60,000 | $2K |
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 | 1,700 | $17.8B | VTI, VIG, AVUS, JCPB, VXUS |
| Q1 2026 | 1,525 | $15.4B | VTI, VIG, JCPB, AVUS, VXUS |
| Q4 2025 | 1,366 | $15.4B | VTI, VIG, AVUS, JCPB, VXUS |
| Q3 2025 | 1,302 | $14.7B | VTI, VIG, VXUS, AVUS, JCPB |
| Q2 2025 | 1,142 | $12.5B | VTI, VIG, JPST, VXUS, SPYG |
| Q1 2025 | 1,178 | $11.9B | VTI, VIG, JPST, SPYG, VXUS |
| Q4 2024 | 1,040 | $9.8B | VTI, VIG, JPST, SPYG, MINT |
| Q3 2024 | 948 | $9.3B | VTI, VIG, JPST, SPYG, VXUS |
| Q2 2024 | 896 | $8.6B | VTI, VIG, JPST, SPYG, VXUS |
| Q1 2024 | 839 | $7.9B | VTI, VIG, JPST, VXUS, SPYG |