HB Wealth Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 23, 2025), HB Wealth Management, LLC reported 1,302 stock positions worth $14.7 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 18.2% of the portfolio, followed by Vanguard Dividend Apprec ETF (VIG, 8.0%) and Vanguard Total Intl Stock (VXUS, 3.6%). Compared with Q2 2025, it opened 211 new positions, sold out of 51, added to 865 and reduced 180. The biggest buy was Apple (AAPL, shares +19%) and the biggest sale PIMCO Enhanced Short Maturit (MINT, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- Atlanta, GA
- CIK
- 0001911253
- Portfolio Value
- $14.7B (Q3 2025)
- SEC Filing
- 0001172661-25-004398 ↗ filed Oct 23, 2025
Holdings Value
Holdings 1,302 stocks · $14.7B
| VTI VG Morningstar TS MKT ETF-US | 18.22% | 8,551,906 | $2.7B | Add +10.1% |
| VIG Vanguard Dividend Apprec ETF | 8.00% | 5,511,314 | $1.2B | Add +5.7% |
| VXUS Vanguard Total Intl Stock | 3.58% | 7,209,032 | $526.7M | Add +12.3% |
| AVUS Avantis U.S. Equity ETF | 3.52% | 4,762,043 | $517.6M | Add +27.5% |
| JCPB JPMorgan Core Plus Bond ETF | 3.37% | 10,425,820 | $495.7M | Add +34.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 3.26% | 4,769,364 | $479.8M | Add +9.2% |
| JPST JPMorgan Ultra-Short Income | 3.19% | 9,302,563 | $469.5M | Add +4.7% |
| AAPL Apple Inc. | 2.64% | 1,522,715 | $387.7M | Add +19.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.00% | 441,308 | $294.0M | Add +9.2% |
| IVW iShares S&P 500 Growth ETF | 1.98% | 2,409,948 | $290.9M | Add +5.7% |
| HD Home Depot Inc. | 1.89% | 686,049 | $278.0M | Add +6.7% |
| MSFT Microsoft Corp. | 1.80% | 512,306 | $265.3M | Add +9.9% |
| NVDA Nvidia Corp. | 1.21% | 950,465 | $177.3M | Add +11.6% |
| SCHB Schwab US Broad Market ETF | 1.17% | 6,694,089 | $172.1M | Add +3.0% |
| GSLC Goldman Activebeta US LC ETF | 1.02% | 1,148,037 | $149.6M | Add +7.2% |
| ITOT iShares Core S&P Total U.S. | 1.01% | 1,020,342 | $148.6M | Add +4.7% |
| IVV iShares Core S&P 500 ETF | 0.94% | 207,034 | $138.6M | Add +2.6% |
| AVDE Avantis International Equity | 0.90% | 1,684,856 | $132.9M | Reduce -0.7% |
| AMZN Amazon.com Inc. | 0.89% | 598,705 | $131.5M | Add +15.9% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.81% | 1,157,081 | $118.8M | Add +31.2% |
| VOO Vanguard S&P 500 ETF | 0.79% | 190,292 | $116.5M | Add +12.4% |
| GSIE Goldman Sachs Activebeta Int | 0.75% | 2,681,342 | $110.2M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.69% | 419,167 | $101.9M | Add +13.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.60% | 1,733,119 | $88.5M | Add +173.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.57% | 165,884 | $83.4M | Add +22.6% |
| GOOG Alphabet Inc. Class C | 0.56% | 340,867 | $83.0M | Add +5.7% |
| SCHX Schwab US Large-Cap ETF | 0.54% | 3,042,745 | $80.1M | Add +1.5% |
| AVEM Avantis Emerging Markets Eq | 0.53% | 1,035,739 | $77.8M | Add +1.8% |
| AVGO Broadcom Inc. | 0.52% | 233,068 | $76.9M | Add +9.5% |
| JPM JPMorgan Chase & Co. | 0.52% | 242,098 | $76.4M | Add +22.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.50% | 1,038,532 | $74.1M | Add +10.1% |
| DFAC Dimensional US Core Equity 2 | 0.48% | 1,836,971 | $70.9M | Reduce -0.7% |
| MINT PIMCO Enhanced Short Maturit | 0.46% | 670,363 | $67.5M | Reduce -54.0% |
| V Visa Inc. Class A | 0.45% | 194,498 | $66.4M | Add +7.1% |
| META Meta Platforms Inc. Class A | 0.44% | 87,911 | $64.6M | Add +17.4% |
| DFAU Dimensional US Core Equity M | 0.43% | 1,372,749 | $62.8M | Add +0.5% |
| SCHG Schwab US Large-Cap Growth | 0.40% | 1,839,853 | $58.7M | Add +3.4% |
| DUHP Dimensional US High Profi Et | 0.39% | 1,533,862 | $57.9M | Add +77.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.39% | 94,679 | $56.8M | Add +19.8% |
| HTRB Hartford TTL RTRN BND ETF | 0.36% | 1,547,962 | $53.1M | Reduce -13.3% |
| ORCL Oracle Corp. | 0.36% | 186,757 | $52.5M | Reduce -0.7% |
| JNJ Johnson & Johnson | 0.35% | 281,106 | $52.1M | Add +9.7% |
| TSLA Tesla Inc. | 0.30% | 99,365 | $44.2M | Add +17.2% |
| LLY Eli Lilly & Co. | 0.29% | 56,869 | $43.4M | Add +7.7% |
| WMT Walmart Inc. | 0.29% | 417,593 | $43.0M | Add +8.8% |
| GEM Goldman Sachs Activebeta Em | 0.29% | 1,056,245 | $43.0M | Reduce -6.1% |
| JSCP JPMorgan Short Duration Core | 0.29% | 899,138 | $42.8M | Reduce -19.1% |
| PG The Procter & Gamble Co. | 0.29% | 275,822 | $42.4M | Add +5.2% |
| IWF iShares Russell 1000 Growth | 0.29% | 90,111 | $42.2M | Add +19.9% |
| IWD iShares Russell 1000 Value E | 0.29% | 206,654 | $42.1M | Add +13.8% |
| RSP Invesco S&P 500 Equal Weight | 0.28% | 219,478 | $41.6M | Add +12.6% |
| SCHD Schwab US DVD Equity ETF | 0.28% | 1,497,161 | $40.9M | Add +4.0% |
| KO The Coca-Cola Co. | 0.26% | 583,784 | $38.7M | Add +21.2% |
| AVUV Avantis US Small Cap Value | 0.25% | 374,876 | $37.3M | Reduce -38.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 77,468 | $37.2M | Add +8.4% |
| ALB Albemarle Corp. | 0.24% | 440,608 | $35.7M | Add +1278.8% |
| XOM Exxon Mobil Corp. | 0.24% | 313,078 | $35.3M | Add +18.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.24% | 118,232 | $34.7M | Add +12.8% |
| SCHF Schwab Intl Equity ETF | 0.23% | 1,434,901 | $33.4M | Add +5.0% |
| ACN Accenture PLC Class A | 0.22% | 133,724 | $33.0M | Add +64.0% |
| CVX Chevron Corp. | 0.21% | 201,595 | $31.3M | Add +23.9% |
| T AT&T Inc. | 0.21% | 1,085,732 | $30.7M | Add +10.7% |
| IWV iShares Russell 3000 ETF | 0.21% | 80,503 | $30.5M | Reduce -2.4% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.21% | 75,253 | $30.3M | Reduce -0.2% |
| IJR iShares Core S&P Small-Cap E | 0.20% | 251,877 | $29.9M | Add +1.3% |
| ABBV Abbvie Inc. | 0.20% | 126,572 | $29.3M | Add +9.0% |
| MA Mastercard Inc. Class A | 0.20% | 51,285 | $29.2M | Add +7.5% |
| CSCO Cisco Systems Inc. | 0.19% | 410,741 | $28.1M | Add +9.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.19% | 37 | $27.9M | Add +27.6% |
| RTX RTX Corp. | 0.19% | 164,226 | $27.5M | Add +5.0% |
| MCD McDonald's Corp. | 0.18% | 86,611 | $26.3M | Add +6.5% |
| COST Costco Wholesale Corp. | 0.17% | 27,150 | $25.1M | Add +12.5% |
| NEU Newmarket Corp. | 0.17% | 29,948 | $24.8M | Add +643.3% |
| DGRW Wisdomtree U.S. Quality Divi | 0.17% | 276,984 | $24.6M | Reduce -0.1% |
| ABT Abbott Laboratories | 0.17% | 183,925 | $24.6M | Add +6.1% |
| NFLX Netflix Inc. | 0.16% | 20,157 | $24.2M | Add +27.8% |
| GLD SPDR Gold Shares | 0.16% | 66,182 | $23.5M | Add +17.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.16% | 82,593 | $23.3M | Add +15.1% |
| EFA iShares MSCI Eafe ETF | 0.15% | 241,018 | $22.5M | Add +21.4% |
| AXP American Express Co. | 0.15% | 65,208 | $21.7M | Add +8.7% |
| CAT Caterpillar Inc. | 0.14% | 44,595 | $21.3M | Add +7.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.14% | 83,129 | $21.1M | Add +12.1% |
| VONG Vanguard Russell 1000 Growth | 0.14% | 169,185 | $20.4M | Add +14.6% |
| PEP Pepsico Inc. | 0.14% | 143,700 | $20.2M | Add +11.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 389,802 | $20.1M | Add +17.0% |
| VGT Vanguard Info Tech ETF | 0.14% | 26,633 | $19.9M | Add +116.2% |
| DGRO iShares Core Dividend Growth | 0.13% | 291,513 | $19.8M | Add +6.3% |
| HDV iShares Core High Dividend E | 0.13% | 161,637 | $19.8M | Add +0.5% |
| HON Honeywell International Inc. | 0.13% | 92,779 | $19.5M | Add +4.6% |
| MRK Merck & Co. Inc. | 0.13% | 226,890 | $19.0M | Add +15.3% |
| IGM iShares Expanded Tech Sector | 0.12% | 145,254 | $18.3M | Add +7.7% |
| SO The Southern Co. | 0.12% | 190,520 | $18.1M | Add +17.2% |
| DVY iShares Select Dividend ETF | 0.12% | 126,753 | $18.0M | Reduce -2.0% |
| IXUS iShares Core Intl Stock ETF | 0.12% | 210,290 | $17.4M | Add +9.3% |
| UBER Uber Technologies Inc. | 0.12% | 175,980 | $17.2M | Add +19.3% |
| QLTY GMO U.S. Quality ETF | 0.11% | 462,250 | $16.7M | Add +6.5% |
| NEE Nextera Energy Inc. | 0.11% | 221,029 | $16.7M | Add +8.7% |
| LRCX Lam Research Corp. | 0.11% | 123,999 | $16.6M | Add +0.3% |
| ILOW AB Internal Low Volat Eq ETF filed as AB ACTIVE ETFS INC | 0.11% | 389,898 | $16.6M | Add +0.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.11% | 181,979 | $15.9M | Add +22.0% |
Options reported separately and not counted above: SPY calls ($9.1M), AAPL puts ($5.7M), EFA calls ($5.3M), MKC puts ($4.3M), NVDA puts ($3.4M), AXSM puts ($3.1M), TROW puts ($3.1M), IWM calls ($2.4M), AMZN puts ($2.2M), EEM calls ($1.5M), DIS puts ($1.1M), NUE puts ($1.0M), and 7 more.
Other holdings (20): bonds, preferreds, convertibles and warrants · $13.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | 1,510,000 | $1.5M | New |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 1,504,000 | $1.5M | New |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 1,488,000 | $1.5M | New |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 1,445,000 | $1.4M | New |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 1,383,000 | $1.3M | New |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 1,455,000 | $1.2M | New |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 1,307,000 | $1.2M | New |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 1,186,000 | $1.2M | New |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 1,098,000 | $1.0M | New |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | 39,486 | $960K | New |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | 702,000 | $687K | New |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 206 | $254K | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 20,000 | $23K | New |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 21,000 | $21K | New |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 20,000 | $20K | New |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 19,000 | $17K | New |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 16,000 | $16K | New |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 13,000 | $15K | New |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 13,000 | $13K | New |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 11,000 | $10K | New |
Total filed on the 13F, all lines: $14.7B.
Portfolio Sells Q2 2025 → Q3 2025
| MINT PIMCO Enhanced Short Maturit | Reduce -54.0% | 0.46% | −0.71 |
| AVUV Avantis US Small Cap Value | Reduce -38.1% | 0.25% | −0.19 |
| GSIE Goldman Sachs Activebeta Int | Reduce -3.4% | 0.75% | −0.13 |
| JSCP JPMorgan Short Duration Core | Reduce -19.1% | 0.29% | −0.13 |
| HTRB Hartford TTL RTRN BND ETF | Reduce -13.3% | 0.36% | −0.12 |
| AVDE Avantis International Equity | Reduce -0.7% | 0.90% | −0.10 |
| AVMC Avantis US Mid Cap Eq ETF | Reduce -77.0% | 0.02% | −0.07 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.7% | 0.48% | −0.05 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.04 |
| GEM Goldman Sachs Activebeta Em | Reduce -6.1% | 0.29% | −0.04 |
| ACWV iShares MSCI Global Min Vol | Reduce -8.0% | 0.11% | −0.03 |
| IWV iShares Russell 3000 ETF | Reduce -2.4% | 0.21% | −0.02 |
| TDG Transdigm Group Inc. | Reduce -0.2% | 0.05% | −0.02 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -0.1% | 0.17% | −0.02 |
| SPGI S&P Global Inc. | Reduce -0.2% | 0.06% | −0.02 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -0.2% | 0.05% | −0.02 |
| PWR Quanta Services Inc. | Reduce -12.7% | 0.07% | −0.02 |
| FISV Fiserv Inc. | Reduce -1.1% | 0.03% | −0.02 |
| UNH Unitedhealth Group Inc. | Reduce -8.2% | 0.11% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -9.0% | 0.07% | −0.02 |
| KKR KKR & Co. Inc. | Reduce -2.2% | 0.07% | −0.02 |
| TOTL SS Doubleline TR Tact ETF | Reduce -20.3% | 0.03% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -2.0% | 0.12% | −0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -0.2% | 0.21% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -18.0% | 0.02% | −0.01 |
| TEAM Atlassian Corp. Class A | Reduce -76.6% | 0.00% | −0.01 |
| TGT Target Corp. | Reduce -15.2% | 0.03% | −0.01 |
| FUBOTV INC (FUBO 3.25 02/15/26) | Sold out | 0.00% | −0.01 |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | Sold out | 0.00% | −0.01 |
| PENNYMAC CORP (PMT 5.5 03/15/26) | Sold out | 0.00% | −0.01 |
| ODFL Old Dominion Freight Line | Reduce -27.4% | 0.01% | −0.01 |
| AVDV Avantis Intl S/C Value ETF | Reduce -10.5% | 0.06% | −0.01 |
| MCO Moody's Corp. | Reduce -0.1% | 0.04% | −0.01 |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | Sold out | 0.00% | −0.01 |
| CMG Chipotle Mexican Grill Inc. | Reduce -17.9% | 0.01% | −0.01 |
| SYK Stryker Corp. | Reduce -1.7% | 0.04% | −0.01 |
| REDFIN CORP (RDFN 0.5 04/01/27) | Sold out | 0.00% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.1% | 0.09% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Reduce -19.2% | 0.02% | −0.01 |
| IVE iShares S&P 500 Value ETF | Reduce -0.3% | 0.07% | −0.01 |
| SNAP INC (SNAP 0 05/01/27) | Sold out | 0.00% | −0.01 |
| IBDR iShares Ibonds Dec 2026 Term | Sold out | 0.00% | −0.01 |
| TECH Bio-Techne Corp. | Reduce -27.9% | 0.02% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Reduce -2.1% | 0.04% | −0.01 |
| ESGU iShares ESG Aware MSCI USA | Reduce -15.5% | 0.03% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -19.5% | 0.02% | −0.01 |
| DFNM Dimensional National Muni BD | Reduce -15.6% | 0.02% | −0.01 |
| HES Hess Corp. | Sold out | 0.00% | −0.01 |
| AMCR Amcor PLC | Reduce -34.7% | 0.01% | −0.01 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -10.3% | 0.02% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +19.4% | 2.64% | +0.54 |
| AVUS Avantis U.S. Equity ETF | Add +27.5% | 3.52% | +0.51 |
| JCPB JPMorgan Core Plus Bond ETF | Add +34.2% | 3.37% | +0.45 |
| JMST JPM Ultra-Short Muni Income | Add +173.7% | 0.60% | +0.34 |
| ALB Albemarle Corp. | Add +1278.8% | 0.24% | +0.23 |
| GOOGL Alphabet Inc. Class A | Add +13.8% | 0.69% | +0.17 |
| DUHP Dimensional US High Profi Et | Add +77.1% | 0.39% | +0.15 |
| NEU Newmarket Corp. | Add +643.3% | 0.17% | +0.15 |
| NVDA Nvidia Corp. | Add +11.6% | 1.21% | +0.13 |
| TROW T Rowe Price Group Inc. | Add +31.2% | 0.81% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +5.7% | 0.56% | +0.11 |
| TSLA Tesla Inc. | Add +17.2% | 0.30% | +0.08 |
| CRH CRH PLC | Add +931.8% | 0.09% | +0.08 |
| VGT Vanguard Info Tech ETF | Add +116.2% | 0.14% | +0.07 |
| U Unity Software Inc. | New | 0.07% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +22.8% | 0.52% | +0.06 |
| AVGO Broadcom Inc. | Add +9.5% | 0.52% | +0.05 |
| JNJ Johnson & Johnson | Add +9.7% | 0.35% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +22.6% | 0.57% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +19.8% | 0.39% | +0.04 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +65.2% | 0.10% | +0.03 |
| VXUS Vanguard Total Intl Stock | Add +12.3% | 3.58% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +19.9% | 0.29% | +0.03 |
| GPC Genuine Parts Co. | Add +74.4% | 0.07% | +0.03 |
| GLW Corning Inc. | Add +215.8% | 0.04% | +0.03 |
| ACN Accenture PLC Class A | Add +64.0% | 0.22% | +0.03 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 0.03% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +23.6% | 0.10% | +0.03 |
| VNQ Vanguard Real Estate ETF | Add +212.7% | 0.04% | +0.03 |
| ABBV Abbvie Inc. | Add +9.0% | 0.20% | +0.03 |
| CVX Chevron Corp. | Add +23.9% | 0.21% | +0.03 |
| FDM First Trust Dow J Select Mic | New | 0.02% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +12.4% | 0.79% | +0.02 |
| GLD SPDR Gold Shares | Add +17.7% | 0.16% | +0.02 |
| DFAT Dimensional US Target Value | Add +531.4% | 0.03% | +0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +27.6% | 0.19% | +0.02 |
| PCOR Procore Technologies Inc. | New | 0.02% | +0.02 |
| XLK SS Technology Select Sector | Add +51.5% | 0.06% | +0.02 |
| WBD Warner Bros Discovery Inc. | Add +38.8% | 0.04% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +256.4% | 0.02% | +0.02 |
| LRCX Lam Research Corp. | Add +0.3% | 0.11% | +0.02 |
| ACWI iShares MSCI Acwi ETF | Add +32.9% | 0.09% | +0.02 |
| EFX Equifax Inc. | Add +129.9% | 0.03% | +0.02 |
| CAT Caterpillar Inc. | Add +7.6% | 0.14% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +60.1% | 0.06% | +0.02 |
| TRMK Trustmark Corp. | Add +544.0% | 0.02% | +0.02 |
| APP AppLovin Corp. Class A | Add +28.0% | 0.03% | +0.01 |
| MLM Martin Marietta Materials | Add +78.5% | 0.03% | +0.01 |
| INTC Intel Corp. | Add +15.1% | 0.05% | +0.01 |
| AFL Aflac Inc. | Add +46.6% | 0.06% | +0.01 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -76.1% | 13,600 | $9.1M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 11,100 | $6.9Mbefore exit |
| AAPL Apple Inc. | put | Reduce -0.9% | 22,500 | $5.7M |
| EFA iShares MSCI Eafe ETF | call | Reduce -24.7% | 56,500 | $5.3M |
| NVDA Nvidia Corp. | put | Reduce -24.8% | 18,200 | $3.4M |
| AXSM Axsome Therapeutics Inc. | put | Add +3.6% | 25,800 | $3.1M |
| TROW T Rowe Price Group Inc. | put | Reduce -71.1% | 30,000 | $3.1M |
| IWM iShares Russell 2000 ETF | call | Reduce -6.5% | 10,000 | $2.4M |
| AMZN Amazon.com Inc. | put | Add +607.1% | 9,900 | $2.2M |
| EEM iShares MSCI Emerging Market | call | Reduce -16.1% | 27,200 | $1.5M |
| PWR Quanta Services Inc. | put | Sold out | 3,000 | $1.1Mbefore exit |
| ALGN Align Technology Inc. | put | Sold out | 4,900 | $928Kbefore exit |
| MSFT Microsoft Corp. | put | New | 800 | $414K |
| ON On Semiconductor | call | New | 200 | $10K |
| IOVA Iovance Biotherapeutics Inc. | call | New | 2,000 | $4K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| FUBOTV INC (FUBO 3.25 02/15/26) | NOTE 3.250% 2/1 · principal | New | 1,510,000 | $1.5M |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | New | 1,504,000 | $1.5M |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | New | 1,488,000 | $1.5M |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | New | 1,445,000 | $1.4M |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | New | 1,383,000 | $1.3M |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | New | 1,455,000 | $1.2M |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | New | 1,307,000 | $1.2M |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | New | 1,186,000 | $1.2M |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | New | 1,098,000 | $1.0M |
| IBDR iShares Ibonds Dec 2026 Term | IBONDS DEC2026 · principal | New | 39,486 | $960K |
| MARRIOTT VACATION WORLDW (VAC 0 01/15/26) | NOTE 1/1 · principal | New | 702,000 | $687K |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | New | 20,000 | $23K |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 21,000 | $21K |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | New | 20,000 | $20K |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | New | 19,000 | $17K |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | New | 16,000 | $16K |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | New | 13,000 | $15K |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | New | 13,000 | $13K |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | New | 11,000 | $10K |
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 |