Hilltop Holdings Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Hilltop Holdings Inc. reported 836 stock positions worth $1.6 billion. Its top holding was Apple (AAPL) at 4.5% of the portfolio, followed by Microsoft (MSFT, 3.3%) and Amazon.com (AMZN, 1.8%). Compared with Q3 2024, it opened 81 new positions, sold out of 60, added to 443 and reduced 272. The biggest buy was Ishr Ibx Usd Hiyld CB ETF-Ui (HYG, shares +436%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −70%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001265131
- Portfolio Value
- $1.6B (Q4 2024)
- SEC Filing
- 0001104659-25-014121 ↗ filed Feb 14, 2025
Holdings Value
Holdings 836 stocks · $1.6B
| AAPL Apple Inc. | 4.50% | 284,495 | $71.2M | Add +2.4% |
| MSFT Microsoft Corp. | 3.34% | 125,351 | $52.8M | Add +4.3% |
| AMZN Amazon.com Inc. | 1.77% | 127,990 | $28.1M | Add +6.3% |
| NVDA Nvidia Corp. | 1.64% | 193,620 | $26.0M | Add +6.5% |
| GLD SPDR Gold Shares | 1.55% | 101,382 | $24.5M | Add +7.9% |
| AVGO Broadcom Inc. | 1.51% | 103,007 | $23.9M | Add +1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.37% | 37,066 | $21.7M | Add +5.9% |
| V Visa Inc. Class A | 1.33% | 66,708 | $21.1M | Add +3.9% |
| JPM JPMorgan Chase & Co. | 1.30% | 85,621 | $20.5M | Add +1.2% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.24% | 183,154 | $19.6M | Reduce -8.4% |
| HD Home Depot Inc. | 0.99% | 40,210 | $15.6M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 0.91% | 76,192 | $14.4M | Add +0.1% |
| CVX Chevron Corp. | 0.88% | 96,574 | $14.0M | Add +1.6% |
| MBB iShares MBS ETF | 0.87% | 150,852 | $13.8M | Reduce -22.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.81% | 31,108 | $12.8M | Add +35.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.79% | 27,510 | $12.5M | Add +5.2% |
| ACN Accenture PLC Class A | 0.74% | 33,302 | $11.7M | Reduce -1.0% |
| META Meta Platforms Inc. Class A | 0.69% | 18,568 | $10.9M | Add +11.3% |
| MA Mastercard Inc. Class A | 0.68% | 20,581 | $10.8M | Add +4.4% |
| XLK SS Technology Select Sector | 0.67% | 45,429 | $10.6M | Add +46.7% |
| UNH Unitedhealth Group Inc. | 0.66% | 20,699 | $10.5M | Reduce -1.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.63% | 19,590 | $10.0M | Reduce -3.1% |
| ABT Abbott Laboratories | 0.62% | 87,143 | $9.9M | Add +1.4% |
| GOOG Alphabet Inc. Class C | 0.62% | 51,752 | $9.9M | Add +12.4% |
| UNP Union Pacific Corp. | 0.60% | 41,928 | $9.6M | Add +3.5% |
| XLF SS Financial Select Sector | 0.59% | 192,967 | $9.3M | Add +115.8% |
| IWM iShares Russell 2000 ETF | 0.57% | 40,932 | $9.0M | Add +0.9% |
| ABBV Abbvie Inc. | 0.56% | 50,147 | $8.9M | Reduce -8.5% |
| XOM Exxon Mobil Corp. | 0.56% | 82,827 | $8.9M | Add +8.6% |
| GOVT iShares US Treasury Bond ETF | 0.55% | 380,979 | $8.8M | Reduce -7.1% |
| MCD McDonald's Corp. | 0.55% | 29,884 | $8.7M | Add +4.1% |
| HON Honeywell International Inc. | 0.55% | 38,241 | $8.6M | Add +1.2% |
| ETN Eaton Corp. PLC | 0.52% | 24,928 | $8.3M | Add +1.2% |
| JPST JPMorgan Ultra-Short Income | 0.52% | 162,375 | $8.2M | Reduce -6.0% |
| AMGN Amgen Inc. | 0.51% | 30,900 | $8.1M | Add +0.7% |
| CSCO Cisco Systems Inc. | 0.50% | 134,929 | $8.0M | Add +9.7% |
| NEE Nextera Energy Inc. | 0.50% | 111,273 | $8.0M | Reduce -0.9% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.49% | 98,917 | $7.8M | Add +435.7% |
| ORCL Oracle Corp. | 0.48% | 45,473 | $7.6M | Add +7.4% |
| BND Vanguard Total Bond Market | 0.47% | 103,900 | $7.5M | Add +2.8% |
| VOO Vanguard S&P 500 ETF | 0.47% | 13,849 | $7.5M | Add +5.9% |
| MRK Merck & Co. Inc. | 0.46% | 73,357 | $7.3M | Reduce -7.1% |
| LIN Linde PLC | 0.46% | 17,228 | $7.2M | Add +1.4% |
| SGOV iShares 0-3 Month Treasury B | 0.45% | 71,810 | $7.2M | Reduce -34.8% |
| EFA iShares MSCI Eafe ETF | 0.44% | 93,032 | $7.0M | Add +9.0% |
| SPGI S&P Global Inc. | 0.44% | 13,964 | $7.0M | Add +4.8% |
| IJR iShares Core S&P Small-Cap E | 0.42% | 57,720 | $6.7M | Add +74.8% |
| PM Philip Morris International | 0.42% | 54,623 | $6.6M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.41% | 7,148 | $6.5M | Add +8.3% |
| VZ Verizon Communications Inc. | 0.41% | 161,705 | $6.5M | Add +3.1% |
| PG The Procter & Gamble Co. | 0.41% | 38,465 | $6.4M | Add +6.6% |
| WMT Walmart Inc. | 0.41% | 71,278 | $6.4M | Add +5.6% |
| XLY SS Consumer Disc Select Sect | 0.40% | 28,415 | $6.4M | Add +166.6% |
| BNDX Vanguard Total Intl Bond ETF | 0.40% | 129,376 | $6.3M | Reduce -18.7% |
| LLY Eli Lilly & Co. | 0.39% | 8,053 | $6.2M | Add +9.9% |
| SPSB SS SPDR P St C Corp. ETF | 0.38% | 199,681 | $6.0M | Add +0.9% |
| ZTS Zoetis Inc. | 0.36% | 35,136 | $5.7M | Reduce -9.8% |
| BIZD Vaneck BDC Income ETF | 0.36% | 341,258 | $5.7M | Add +1231.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.36% | 61,541 | $5.6M | Reduce -4.0% |
| ET Energy Transfer LP | 0.35% | 283,253 | $5.5M | Add +339.6% |
| LMT Lockheed Martin Corp. | 0.35% | 11,409 | $5.5M | Reduce -5.5% |
| JNJ Johnson & Johnson | 0.35% | 38,041 | $5.5M | Add +9.9% |
| PH Parker Hannifin Corp. | 0.34% | 8,529 | $5.4M | Reduce -1.8% |
| RJF Raymond James Financial Inc. | 0.34% | 34,797 | $5.4M | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 24,502 | $5.4M | Reduce -9.5% |
| EPD Enterprise Products Partners | 0.34% | 170,167 | $5.3M | Add +64.3% |
| SCHD Schwab US DVD Equity ETF | 0.34% | 195,214 | $5.3M | Add +0.3% |
| MS Morgan Stanley | 0.34% | 42,288 | $5.3M | Add +5.3% |
| CWB SS SPDR BB Conv Sec ETF | 0.33% | 67,264 | $5.2M | Add +2106.1% |
| PAYX Paychex Inc. | 0.33% | 37,038 | $5.2M | Add +0.5% |
| A Agilent Technologies Inc. | 0.33% | 38,656 | $5.2M | Add +0.4% |
| NFLX Netflix Inc. | 0.33% | 5,774 | $5.1M | Add +3.9% |
| ADP Automatic Data Processing | 0.32% | 17,529 | $5.1M | Reduce -7.9% |
| SPHB Invesco S&P 500 High Beta Et | 0.32% | 56,665 | $5.0M | Add +508.0% |
| EQIX Equinix Inc. | 0.32% | 5,297 | $5.0M | Reduce -1.7% |
| CAFX Congress Intermediate Bond filed as PROFESIONALLY MANAGED PORTFO | 0.31% | 201,848 | $4.9M | New |
| BLK BlackRock Inc. | 0.30% | 4,710 | $4.8M | Reduce -0.4% |
| MDLZ Mondelez International Inc. Class A | 0.30% | 79,877 | $4.8M | Reduce -8.2% |
| IWF iShares Russell 1000 Growth | 0.30% | 11,865 | $4.8M | Add +20.9% |
| MTUM iShares MSCI USA Momentum Fa | 0.30% | 23,020 | $4.8M | Add +593.8% |
| KO The Coca-Cola Co. | 0.30% | 76,335 | $4.8M | Reduce -1.2% |
| FLOT iShares Floating Rate Bond E | 0.29% | 90,768 | $4.6M | Add +6.3% |
| CMS CMS Energy Corp. | 0.29% | 69,277 | $4.6M | Add +0.5% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 73,598 | $4.6M | Add +5.3% |
| XLE SS Energy Select Sector | 0.29% | 52,972 | $4.5M | Add +46.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.28% | 10,442 | $4.4M | Add +5.1% |
| TXN Texas Instruments Inc. | 0.28% | 23,593 | $4.4M | Reduce -18.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.27% | 14,974 | $4.3M | Add +3.6% |
| XLV SS Health Care Select Sector | 0.27% | 31,084 | $4.3M | Reduce -13.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 34,333 | $4.1M | Add +4.2% |
| CL Colgate-Palmolive Co. | 0.26% | 45,548 | $4.1M | Add +57.1% |
| AMP Ameriprise Financial Inc. | 0.26% | 7,722 | $4.1M | Add +3.4% |
| TGT Target Corp. | 0.26% | 30,322 | $4.1M | Reduce -20.5% |
| ELV Elevance Health Inc. | 0.26% | 11,017 | $4.1M | Reduce -7.5% |
| JEPI JPMorgan Equity Premium Inco | 0.25% | 69,182 | $4.0M | Reduce -4.4% |
| INTU Intuit Inc. | 0.25% | 6,175 | $3.9M | Add +11.6% |
| CB Chubb Ltd. | 0.24% | 14,038 | $3.9M | Add +262.7% |
| PFF iShares Preferred & Income S | 0.24% | 122,414 | $3.8M | Add +325.1% |
| ISRG Intuitive Surgical Inc. | 0.24% | 7,353 | $3.8M | Reduce -9.9% |
| AXP American Express Co. | 0.24% | 12,825 | $3.8M | Reduce -7.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $198K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SOUNW Soundhound AI Inc. | *W EXP 04/26/202 | 17,100 | $198K | Reduce -52.6% |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q3 2024 → Q4 2024
| TLT iShares 20+ Year Treasury BD | Reduce -69.6% | 0.23% | −0.64 |
| PEP Pepsico Inc. | Reduce -73.1% | 0.14% | −0.45 |
| IEF iShares 7-10 Year Treasury B | Reduce -81.0% | 0.08% | −0.40 |
| MBB iShares MBS ETF | Reduce -22.6% | 0.87% | −0.35 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -68.9% | 0.12% | −0.28 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -74.7% | 0.08% | −0.27 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -81.9% | 0.05% | −0.27 |
| SGOV iShares 0-3 Month Treasury B | Reduce -34.8% | 0.45% | −0.27 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Reduce -8.4% | 1.24% | −0.24 |
| GVI iShares Intermediate Governm | Reduce -68.6% | 0.09% | −0.22 |
| INDA iShares MSCI India ETF | Reduce -73.6% | 0.05% | −0.17 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.17 |
| EWK iShares MSCI Belgium ETF | Sold out | 0.00% | −0.17 |
| ELV Elevance Health Inc. | Reduce -7.5% | 0.26% | −0.15 |
| EWL iShares MSCI Switzerland ETF | Sold out | 0.00% | −0.15 |
| ABBV Abbvie Inc. | Reduce -8.5% | 0.56% | −0.14 |
| UNH Unitedhealth Group Inc. | Reduce -1.8% | 0.66% | −0.14 |
| QUAL iShares MSCI USA Quality Fac | Reduce -65.6% | 0.07% | −0.14 |
| DGRO iShares Core Dividend Growth | Reduce -33.5% | 0.24% | −0.14 |
| ZTS Zoetis Inc. | Reduce -9.8% | 0.36% | −0.14 |
| TGT Target Corp. | Reduce -20.5% | 0.26% | −0.13 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.13 |
| MRK Merck & Co. Inc. | Reduce -7.1% | 0.46% | −0.12 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -18.7% | 0.40% | −0.12 |
| GD General Dynamics Corp. | Reduce -25.0% | 0.21% | −0.12 |
| MCHP Microchip Technology Inc. | Reduce -6.3% | 0.22% | −0.12 |
| MDLZ Mondelez International Inc. Class A | Reduce -8.2% | 0.30% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -0.9% | 0.50% | −0.12 |
| TXN Texas Instruments Inc. | Reduce -18.9% | 0.28% | −0.11 |
| LMT Lockheed Martin Corp. | Reduce -5.5% | 0.35% | −0.11 |
| GDX Vaneck Gold Miners ETF | Reduce -77.5% | 0.02% | −0.10 |
| CCOR Core Alternative ETF | Reduce -45.1% | 0.10% | −0.10 |
| IUSV iShares Core S&P U.S. Value | Reduce -31.9% | 0.18% | −0.10 |
| FTAI Ftai Aviation Ltd. | Sold out | 0.00% | −0.10 |
| GREK Global X MSCI Greece ETF | Sold out | 0.00% | −0.10 |
| EWM iShares MSCI Malaysia ETF | Sold out | 0.00% | −0.10 |
| XLV SS Health Care Select Sector | Reduce -13.3% | 0.27% | −0.09 |
| FNV Franco-Nevada Corp. | Sold out | 0.00% | −0.09 |
| XLP SS Consumer Staples Sel Sect | Reduce -52.2% | 0.07% | −0.09 |
| FIX Comfort Systems USA Inc. | Reduce -50.4% | 0.09% | −0.08 |
| PLD Prologis Inc. | Reduce -14.5% | 0.18% | −0.08 |
| HD Home Depot Inc. | Reduce -0.3% | 0.99% | −0.08 |
| GOVT iShares US Treasury Bond ETF | Reduce -7.1% | 0.55% | −0.08 |
| USDU Wisdomtree BBG Usd Bullish | Sold out | 0.00% | −0.07 |
| GE General Electric | Reduce -63.5% | 0.03% | −0.07 |
| EMB iShares JP Morgan Usd Emergi | Reduce -30.7% | 0.12% | −0.07 |
| HSY The Hershey Co. | Reduce -77.0% | 0.02% | −0.07 |
| VNQ Vanguard Real Estate ETF | Reduce -51.3% | 0.05% | −0.07 |
| EEM iShares MSCI Emerging Market | Reduce -21.2% | 0.15% | −0.06 |
| KO The Coca-Cola Co. | Reduce -1.2% | 0.30% | −0.06 |
Portfolio Buys Q3 2024 → Q4 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +435.7% | 0.49% | +0.39 |
| AVGO Broadcom Inc. | Add +1.0% | 1.51% | +0.36 |
| BIZD Vaneck BDC Income ETF | Add +1231.4% | 0.36% | +0.33 |
| XLF SS Financial Select Sector | Add +115.8% | 0.59% | +0.32 |
| CWB SS SPDR BB Conv Sec ETF | Add +2106.1% | 0.33% | +0.32 |
| CAFX Congress Intermediate Bond | New | 0.31% | +0.31 |
| AMZN Amazon.com Inc. | Add +6.3% | 1.77% | +0.31 |
| ET Energy Transfer LP | Add +339.6% | 0.35% | +0.28 |
| AAPL Apple Inc. | Add +2.4% | 4.50% | +0.27 |
| XLY SS Consumer Disc Select Sect | Add +166.6% | 0.40% | +0.26 |
| SPHB Invesco S&P 500 High Beta Et | Add +508.0% | 0.32% | +0.26 |
| MTUM iShares MSCI USA Momentum Fa | Add +593.8% | 0.30% | +0.26 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +35.4% | 0.81% | +0.23 |
| XLK SS Technology Select Sector | Add +46.7% | 0.67% | +0.21 |
| NVDA Nvidia Corp. | Add +6.5% | 1.64% | +0.20 |
| IWD iShares Russell 1000 Value E | Add +346.2% | 0.24% | +0.18 |
| PFF iShares Preferred & Income S | Add +325.1% | 0.24% | +0.18 |
| V Visa Inc. Class A | Add +3.9% | 1.33% | +0.18 |
| CB Chubb Ltd. | Add +262.7% | 0.24% | +0.17 |
| IJR iShares Core S&P Small-Cap E | Add +74.8% | 0.42% | +0.17 |
| IJT iShares S&P Small-Cap 600 GR | New | 0.16% | +0.16 |
| IYE iShares U.S. Energy ETF | Add +208.9% | 0.22% | +0.14 |
| EPD Enterprise Products Partners | Add +64.3% | 0.34% | +0.14 |
| TFLO iShares Treasury Floating Ra | New | 0.14% | +0.14 |
| IWP iShares Russell Mid-Cap Grow | Add +318.2% | 0.18% | +0.14 |
| JPM JPMorgan Chase & Co. | Add +1.2% | 1.30% | +0.13 |
| GOOG Alphabet Inc. Class C | Add +12.4% | 0.62% | +0.12 |
| ANSS Ansys Inc. | Add +527.1% | 0.13% | +0.11 |
| KVUE Kenvue Inc. | Add +109.9% | 0.23% | +0.11 |
| MINT PIMCO Enhanced Short Maturit | Add +568.6% | 0.12% | +0.10 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +74.1% | 0.23% | +0.10 |
| PDBC Invesco Optimum Yield Divers | Add +145.5% | 0.18% | +0.10 |
| VGSH Vanguard Short-Term Treasury | Add +151.5% | 0.15% | +0.09 |
| VRSN Verisign Inc. | Add +248.0% | 0.12% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 0.91% | +0.09 |
| EWA iShares MSCI Australia ETF | New | 0.09% | +0.09 |
| XLE SS Energy Select Sector | Add +46.9% | 0.29% | +0.08 |
| CSCO Cisco Systems Inc. | Add +9.7% | 0.50% | +0.08 |
| ATOM Atomera Inc. | Add +8.5% | 0.10% | +0.08 |
| SPUC Simplify US Equity Income Et | New | 0.07% | +0.07 |
| EWG iShares MSCI Germany ETF | New | 0.07% | +0.07 |
| XLC SS Comm Select Sector SPDR | Add +55.3% | 0.19% | +0.07 |
| JNK SS SPDR BB High Yield Bond | Add +69.2% | 0.19% | +0.07 |
| LB Landbridge Co. LLC-A | New | 0.07% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +43.5% | 0.24% | +0.07 |
| TSLA Tesla Inc. | Add +1.9% | 0.20% | +0.07 |
| NFLX Netflix Inc. | Add +3.9% | 0.33% | +0.07 |
| CL Colgate-Palmolive Co. | Add +57.1% | 0.26% | +0.07 |
| RJF Raymond James Financial Inc. | Add +0.7% | 0.34% | +0.07 |
| EMLC Vaneck JPM Em Local Curr BND | New | 0.06% | +0.06 |
Options Activity Q3 2024 → Q4 2024
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 32,300 | $15.8Mbefore exit |
| IWM iShares Russell 2000 ETF | put | Sold out | 33,200 | $7.3Mbefore exit |
| AMD Advanced Micro Devices | put | Sold out | 35,000 | $5.7Mbefore exit |
| XLF SS Financial Select Sector | put | Sold out | 117,600 | $5.3Mbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 100 | $12Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| SOUNW Soundhound AI Inc. | *W EXP 04/26/202 | Reduce -52.6% | 17,100 | $198K |
| GABELLI UTILITY TRUST/THE | RIGHT 10/21/2024 | Sold out | 29,902 | $822before 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 | 672 | $1.2B | AAPL, GLD, QQQ, NVDA, VOO |
| Q1 2026 | 633 | $1.1B | AAPL, GLD, LQD, QQQ, AMZN |
| Q4 2025 | 878 | $1.7B | MSFT, NVDA, GLD, GOOGL, AVGO |
| Q3 2025 | 903 | $1.9B | AAPL, MSFT, NVDA, AMZN, GLD |
| Q2 2025 | 859 | $1.6B | MSFT, NVDA, GLD, SPY, AVGO |
| Q1 2025 | 841 | $1.6B | AAPL, MSFT, GLD, AMZN, NVDA |
| Q4 2024 | 836 | $1.6B | AAPL, MSFT, AMZN, NVDA, GLD |
| Q3 2024 | 816 | $1.5B | AAPL, MSFT, GLD, LQD, AMZN |
| Q2 2024 | 597 | $857.9M | AAPL, LQD, MSFT, SPY, GLD |
| Q1 2024 | 619 | $900.1M | AAPL, LQD, MSFT, GLD, HYG |