KCM Investment Advisors LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 6, 2024), KCM Investment Advisors LLC reported 370 stock positions worth $2.9 billion. Its top holding was Apple (AAPL) at 7.4% of the portfolio, followed by SS Technology Select Sector (XLK, 5.4%) and Microsoft (MSFT, 4.6%). Compared with Q2 2024, it opened 12 new positions, sold out of 7, added to 127 and reduced 159. The biggest buy was a new position in Labcorp (LH) and the biggest sale Microsoft (MSFT, shares −0%).

Most Recent 13F
Q2 2026
Location
GREENBRAE, CA
CIK
0001109228
Portfolio Value
$2.9B (Q3 2024)
SEC Filing
0001941040-24-000472 ↗ filed Nov 6, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $2.7B Q1 2024 Q2 2024: $2.8B Q2 2024 Q3 2024: $2.9B $2.9B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $2.8B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $3.1B Q3 2025 Q4 2025: $3.1B Q4 2025 Q1 2026: $3.0B Q1 2026 Q2 2026: $3.4B Q2 2026

Holdings 370 stocks · $2.9B

AAPL Apple Inc. 7.38% 928,583 $216.4M Reduce -1.4%
XLK SS Technology Select Sector 5.43% 704,903 $159.1M Add +0.5%
MSFT Microsoft Corp. 4.63% 315,583 $135.8M Reduce -0.5%
COST Costco Wholesale Corp. 3.67% 121,533 $107.7M Reduce -2.1%
VTI VG Morningstar TS MKT ETF-US 2.15% 222,556 $63.0M Add +0.1%
AMZN Amazon.com Inc. 2.14% 336,701 $62.7M Reduce -0.5%
XLC SS Comm Select Sector SPDR 1.98% 641,751 $58.0M Reduce -0.0%
HD Home Depot Inc. 1.81% 130,681 $53.0M Reduce -1.4%
ADP Automatic Data Processing 1.74% 183,846 $50.9M Reduce -1.5%
XLV SS Health Care Select Sector 1.68% 319,320 $49.2M Add +1.2%
CVX Chevron Corp. 1.68% 333,831 $49.2M Reduce -1.0%
WMT Walmart Inc. 1.62% 587,264 $47.4M Reduce -1.1%
XLY SS Consumer Disc Select Sect 1.60% 234,819 $47.1M Add +1.6%
NVDA Nvidia Corp. 1.60% 387,258 $47.0M Reduce -1.0%
GOOGL Alphabet Inc. Class A 1.60% 282,873 $46.9M Reduce -0.5%
VGT Vanguard Info Tech ETF 1.59% 79,511 $46.6M Reduce -2.3%
V Visa Inc. Class A 1.51% 161,042 $44.3M Reduce -0.4%
WM Waste Management Inc. 1.38% 195,068 $40.5M Reduce -1.4%
XLF SS Financial Select Sector 1.36% 877,613 $39.8M Add +0.6%
TT Trane Technologies PLC 1.35% 101,831 $39.6M Reduce -1.5%
VFH Vanguard Financials ETF 1.35% 358,998 $39.5M Add +0.5%
VOX Vanguard Communication Servi 1.33% 268,663 $39.1M Add +3.7%
PG The Procter & Gamble Co. 1.27% 215,657 $37.4M Reduce -2.2%
JPM JPMorgan Chase & Co. 1.27% 176,033 $37.1M Reduce -0.1%
JNJ Johnson & Johnson 1.23% 221,691 $35.9M Reduce -4.3%
XLP SS Consumer Staples Sel Sect 1.22% 429,633 $35.7M Add +2.3%
XLI SS Industrial Select Sector 1.19% 257,627 $34.9M Add +0.6%
LLY Eli Lilly & Co. 1.17% 38,668 $34.3M Add +1.0%
XLE SS Energy Select Sector 1.06% 355,082 $31.2M Reduce -0.3%
NEE Nextera Energy Inc. 1.03% 358,478 $30.3M Reduce -2.7%
VHT Vanguard Health Care ETF 1.01% 105,257 $29.7M Add +0.5%
AMGN Amgen Inc. 1.00% 91,442 $29.5M Reduce -0.7%
BX Blackstone Inc. 1.00% 191,117 $29.3M Add +2.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.96% 48,829 $28.0M Add +0.8%
VCR Vanguard Consumer Discre ETF 0.94% 80,887 $27.5M Add +0.2%
GOOG Alphabet Inc. Class C 0.87% 153,109 $25.6M Add +0.9%
DHR Danaher Corp. 0.84% 89,033 $24.8M Reduce -1.2%
MCD McDonald's Corp. 0.82% 78,501 $23.9M Reduce -0.7%
VIS Vanguard Industrials ETF 0.74% 83,282 $21.7M Add +1.6%
CAT Caterpillar Inc. 0.72% 54,005 $21.1M Reduce -0.9%
QQQ Invesco QQQ Trust Series 1 0.72% 43,110 $21.0M Add +1.5%
ECL Ecolab Inc. 0.68% 77,635 $19.8M Reduce -1.5%
UPS United Parcel Service Class B 0.65% 139,441 $19.0M Reduce -3.7%
CCI Crown Castle Inc. 0.58% 142,531 $16.9M Reduce -1.2%
ABT Abbott Laboratories 0.56% 144,381 $16.5M Reduce -1.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.55% 406,765 $16.1M Reduce -2.4%
ABBV Abbvie Inc. 0.53% 78,792 $15.6M Add +1.3%
O Realty Income Corp. 0.47% 217,169 $13.8M Add +0.5%
APD Air Products & Chemicals Inc. 0.47% 45,975 $13.7M Reduce -1.0%
AVGO Broadcom Inc. 0.47% 79,227 $13.7M Add +1.5%
VZ Verizon Communications Inc. 0.46% 301,339 $13.5M Reduce -3.2%
KMB Kimberly-Clark Corp. 0.46% 94,797 $13.5M Reduce -1.5%
BRK.B Berkshire Hathaway Inc. Class B 0.46% 29,229 $13.5M Reduce -0.4%
SDY SS SPDR S&P Dividend ETF 0.46% 94,561 $13.4M Reduce -0.2%
SBUX Starbucks Corp. 0.45% 135,827 $13.2M Reduce -0.9%
KLAC KLA Corp. 0.43% 16,281 $12.6M Add +1.8%
VDC Vanguard Consumer Staple ETF 0.43% 57,685 $12.6M Add +1.6%
EIX Edison International 0.41% 139,080 $12.1M Reduce -1.6%
NKE Nike Inc. Class B 0.41% 135,660 $12.0M Reduce -3.9%
UNH Unitedhealth Group Inc. 0.41% 20,480 $12.0M Add +3.8%
AMD Advanced Micro Devices 0.40% 70,986 $11.6M Add +1.8%
LOW Lowe's Cos Inc. 0.38% 40,974 $11.1M Reduce -0.2%
VNQ Vanguard Real Estate ETF 0.38% 113,239 $11.0M Add +0.5%
XLB SS Materials Select Sector 0.34% 102,143 $9.8M Add +2.0%
AMAT Applied Materials Inc. 0.33% 48,500 $9.8M Reduce -0.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.33% 121,129 $9.8M Add +12.9%
GPC Genuine Parts Co. 0.33% 68,748 $9.6M Reduce -0.1%
ACN Accenture PLC Class A 0.32% 26,377 $9.3M Add +3.3%
MDY State Street SPDR S&P Midcap 0.30% 15,401 $8.8M Reduce -2.3%
VAW Vanguard Materials ETF 0.30% 41,438 $8.8M Add +0.5%
MRK Merck & Co. Inc. 0.29% 75,826 $8.6M Reduce -0.8%
VDE Vanguard Energy ETF 0.28% 66,741 $8.2M Reduce -0.4%
PEP Pepsico Inc. 0.26% 44,722 $7.6M Reduce 0.0%
UNP Union Pacific Corp. 0.26% 30,480 $7.5M Reduce -1.7%
LH Labcorp Holdings Inc. 0.25% 32,995 $7.4M New
QCOM Qualcomm Inc. 0.25% 43,105 $7.3M Add +3.7%
CTAS Cintas Corp. 0.24% 34,632 $7.1M Add +0.5%
LIN Linde PLC 0.24% 14,930 $7.1M Add +6.6%
DVY iShares Select Dividend ETF 0.24% 51,999 $7.0M Add +0.0%
ELV Elevance Health Inc. 0.23% 13,244 $6.9M Reduce -0.2%
CLX Clorox Company 0.23% 42,226 $6.9M Reduce -0.1%
SCHW Schwab (charles) Corp. 0.23% 104,983 $6.8M Add +7.5%
IVV iShares Core S&P 500 ETF 0.23% 11,793 $6.8M Reduce -0.3%
SPGI S&P Global Inc. 0.23% 13,091 $6.8M Add +1.4%
CL Colgate-Palmolive Co. 0.23% 64,835 $6.7M Reduce -2.9%
CSL Carlisle Cos Inc. 0.22% 14,601 $6.6M Add +0.1%
SCCO Southern Copper Corp. 0.22% 55,763 $6.5M Add +2.9%
VPU Vanguard Utilities ETF 0.21% 35,736 $6.2M Add +5.9%
TMO Thermo Fisher Scientific Inc. 0.21% 9,857 $6.1M Add +0.7%
GD General Dynamics Corp. 0.21% 19,910 $6.0M Reduce -0.5%
ETN Eaton Corp. PLC 0.20% 18,032 $6.0M Add +0.8%
SCHD Schwab US DVD Equity ETF 0.20% 69,210 $5.9M Add +0.7%
PEG Public Service Enterprise GP 0.20% 65,237 $5.8M Reduce -3.1%
ROST Ross Stores Inc. 0.18% 34,998 $5.3M Add +5.2%
SCHB Schwab US Broad Market ETF 0.18% 77,621 $5.2M Add +0.0%
TSLA Tesla Inc. 0.17% 19,037 $5.0M Reduce -2.4%
CSCO Cisco Systems Inc. 0.17% 93,438 $5.0M Reduce -2.7%
FENY Fidelity MSCI Energy Index 0.16% 198,854 $4.8M Reduce -0.1%
CB Chubb Ltd. 0.16% 16,328 $4.7M Add +18.4%
LHX L3HARRIS Technologies Inc. 0.16% 19,273 $4.6M Add +43.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.15% 46,829 $4.5M Reduce -6.7%
FDIS Fidelity MSCI Cons Discr Ind 0.15% 50,677 $4.5M No change
DE Deere & Co. 0.15% 10,632 $4.4M Reduce -3.7%
PGX Invesco Preferred ETF 0.15% 359,081 $4.4M Reduce -3.1%
ADBE Adobe Inc. 0.15% 8,507 $4.4M Reduce -2.9%
XLRE SS Real Estate Select Sector 0.15% 97,797 $4.4M Add +9.3%
TRV The Travelers Cos Inc. 0.15% 18,272 $4.3M Add +24.7%
VUG Vanguard Mrngstar GR ETF-Sui 0.15% 11,082 $4.3M Add +2.1%
ZBH Zimmer Biomet Holdings Inc. 0.14% 39,157 $4.2M Add +0.7%
XOM Exxon Mobil Corp. 0.13% 33,109 $3.9M Add +0.5%
META Meta Platforms Inc. Class A 0.13% 6,751 $3.9M Reduce -1.5%
CRM Salesforce Inc. 0.13% 13,866 $3.8M Reduce -1.1%
VIG Vanguard Dividend Apprec ETF 0.13% 19,138 $3.8M Reduce -2.0%
AZO AutoZone Inc. 0.13% 1,198 $3.8M Reduce -1.0%
USB US Bancorp 0.13% 81,234 $3.7M Reduce -24.0%
NUE Nucor Corp. 0.13% 24,507 $3.7M Reduce -1.6%
KO The Coca-Cola Co. 0.13% 50,998 $3.7M Reduce -1.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.12% 13,652 $3.6M No change
PFE Pfizer Inc. 0.12% 124,227 $3.6M Reduce -8.7%
ORCL Oracle Corp. 0.12% 20,705 $3.5M Add +4.2%
HON Honeywell International Inc. 0.12% 16,938 $3.5M Add +0.2%
MMM 3M Co. 0.11% 24,052 $3.3M Reduce -2.4%
TMUS T-Mobile US Inc. 0.11% 15,918 $3.3M Add +5.4%
AXP American Express Co. 0.11% 11,878 $3.2M Add +0.9%
GS Goldman Sachs Group Inc. 0.11% 6,406 $3.2M Add +0.6%
LMT Lockheed Martin Corp. 0.11% 5,402 $3.2M Add +2.3%
FTNT Fortinet Inc. 0.11% 40,630 $3.2M Reduce -5.7%
FCX Freeport-McMoran Inc. 0.11% 61,768 $3.1M Reduce -0.3%
XLG Invesco S&P 500 Top 50 ETF 0.10% 64,356 $3.1M No change
SO The Southern Co. 0.10% 33,738 $3.0M Reduce -0.0%
PPL PPL Corp. 0.10% 91,486 $3.0M Add +4.1%
PLD Prologis Inc. 0.10% 23,842 $3.0M Reduce -0.3%
FNY First Trust Mid Cap Growth 0.10% 37,693 $3.0M Reduce -2.6%
IBB iShares Biotechnology ETF 0.10% 20,381 $3.0M Reduce -2.3%
MKC McCormick & Co.-Non VTG SHRS 0.10% 35,333 $2.9M Reduce -0.3%
VRT Vertiv Holdings Co. Class A 0.10% 28,730 $2.9M Add +19.0%
ROP Roper Technologies Inc. 0.10% 5,085 $2.8M Add +27.5%
CORT Corcept Therapeutics Inc. 0.09% 57,426 $2.7M No change
MS Morgan Stanley 0.09% 25,478 $2.7M Reduce -1.3%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.09% 21,558 $2.6M Reduce -2.7%
ITW Illinois Tool Works 0.09% 9,729 $2.5M Add +0.2%
DGRO iShares Core Dividend Growth 0.09% 40,438 $2.5M Reduce -5.9%
LULU Lululemon Athletica Inc. 0.09% 9,220 $2.5M Add +4.2%
IAT iShares US Regional Banks Et 0.08% 51,762 $2.5M Add +4.3%
IJH iShares Core S&P Midcap ETF 0.08% 39,258 $2.4M Reduce -2.2%
SRE Sempra 0.08% 29,166 $2.4M Reduce -5.0%
OMC Omnicom Group 0.08% 23,403 $2.4M Add +13.2%
WFC Wells Fargo & Co. 0.08% 39,996 $2.3M Reduce -1.8%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.08% 5,307 $2.2M Reduce -0.2%
ALL Allstate Corp. 0.08% 11,767 $2.2M Add +1.0%
MAR Marriott International Class A 0.08% 8,914 $2.2M Add +0.1%
TGT Target Corp. 0.07% 14,077 $2.2M Reduce -30.0%
SHW The Sherwin-Williams Co. 0.07% 5,579 $2.1M Reduce -1.1%
LEN Lennar Corp. Class A 0.07% 11,094 $2.1M Reduce -8.3%
ORLY O'reilly Automotive Inc. 0.07% 1,789 $2.1M Add +1.8%
IWF iShares Russell 1000 Growth 0.07% 5,416 $2.0M Add +0.3%
UL Unilever PLC 0.07% 31,265 $2.0M Reduce -0.6%
AMT American Tower Corp. 0.07% 8,591 $2.0M Reduce -2.5%
WEC WEC Energy Group Inc. 0.07% 20,285 $2.0M Add +0.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 8,727 $1.9M Add +1.5%
MA Mastercard Inc. Class A 0.06% 3,826 $1.9M Add +0.7%
OEF iShares S&P 100 ETF 0.06% 6,764 $1.9M Reduce -1.1%
RTX RTX Corp. 0.06% 15,203 $1.8M Reduce -0.2%
SCHM Schwab US Mid Cap ETF 0.06% 21,861 $1.8M No change
FDX FedEx Corp. 0.06% 6,615 $1.8M Add +3.3%
GLW Corning Inc. 0.06% 39,252 $1.8M Add +7.9%
JCI Johnson Controls Internation 0.06% 22,707 $1.8M Reduce -0.4%
TEL Te Connectivity PLC 0.06% 11,664 $1.8M Reduce -7.3%
MPC Marathon Petroleum Corp. 0.06% 10,769 $1.8M Reduce -0.1%
CAH Cardinal Health Inc. 0.06% 15,570 $1.7M Add +4.9%
CARR Carrier Global Corp. 0.06% 21,363 $1.7M Add +1.4%
VYM Vanguard High DVD Yield ETF 0.06% 13,344 $1.7M Reduce -1.2%
PSA Public Storage 0.06% 4,665 $1.7M Reduce -0.8%
PH Parker Hannifin Corp. 0.06% 2,617 $1.7M Add +6.6%
QUAL iShares MSCI USA Quality Fac 0.06% 9,209 $1.7M Add +1.5%
FIDU Fidelity MSCI Indust Indx 0.05% 21,548 $1.6M No change
BKNG Booking Holdings Inc. 0.05% 369 $1.6M Add +8.2%
MDT Medtronic PLC 0.05% 17,111 $1.5M Reduce -24.8%
EMR Emerson Electric Co. 0.05% 13,985 $1.5M Reduce -0.6%
DLN Wisdomtree US Largecap Divid 0.05% 19,281 $1.5M Add +0.5%
SWK Stanley Black & Decker Inc. 0.05% 13,727 $1.5M Reduce -6.4%
J Jacobs Solutions Inc. 0.05% 11,441 $1.5M Reduce -5.0%
TSM Taiwan Semiconductor-SP ADR 0.05% 8,406 $1.5M Add +8.8%
FHLC Fidelity MSCI Health Care 0.05% 19,964 $1.5M No change
CDNS Cadence Design SYS Inc. 0.05% 5,137 $1.4M No change
KR Kroger Co. 0.05% 24,270 $1.4M Add +3.3%
ACWI iShares MSCI Acwi ETF 0.05% 11,155 $1.3M No change
BA The Boeing Co. 0.04% 8,664 $1.3M Reduce -4.6%
WMB Williams Cos Inc. 0.04% 28,391 $1.3M Reduce -0.5%
RSP Invesco S&P 500 Equal Weight 0.04% 7,141 $1.3M Reduce -11.6%
ALB Albemarle Corp. 0.04% 13,396 $1.3M Add +4.3%
FNDX Schwab Fndmntl US LRG Co. ETF 0.04% 17,114 $1.2M Add +2.4%
CVS CVS Health Corp. 0.04% 19,233 $1.2M Reduce -6.8%
VEA Vanguard Ftse Developed ETF 0.04% 22,893 $1.2M Add +0.0%
IYF iShares US Financials ETF 0.04% 11,579 $1.2M Add +0.1%
VB Vanguard Most SM-Cap ETF-Usd 0.04% 4,880 $1.2M No change
BMY Bristol-Myers Squibb Co. 0.04% 22,098 $1.1M Reduce -3.8%
ENPH Enphase Energy Inc. 0.04% 9,990 $1.1M Add +0.1%
NVS Novartis AG-Sponsored ADR 0.04% 9,747 $1.1M Reduce -0.8%
COP Conocophillips 0.04% 10,263 $1.1M Add +0.4%
IOO iShares Global 100 ETF 0.04% 10,872 $1.1M No change
ISRG Intuitive Surgical Inc. 0.04% 2,164 $1.1M Reduce -8.8%
XYL Xylem Inc. 0.04% 7,682 $1.0M Reduce -3.3%
SCHX Schwab US Large-Cap ETF 0.04% 15,269 $1.0M Add +1.9%
VRSK Verisk Analytics Inc. 0.04% 3,836 $1.0M Add +2.3%
LRCX Lam Research Corp. 0.03% 1,234 $1.0M Reduce -3.1%
PFF iShares Preferred & Income S 0.03% 29,918 $994K Reduce -11.7%
XNTK SS SPDR Nyse Tech ETF 0.03% 4,977 $983K No change
VOO Vanguard S&P 500 ETF 0.03% 1,851 $977K Add +1.6%
CMCSA Comcast Corp. Class A 0.03% 23,117 $966K Reduce -32.2%
SMH Vaneck Semiconductor ETF 0.03% 3,889 $955K Add +4.4%
IWM iShares Russell 2000 ETF 0.03% 4,296 $949K Add +9.8%
IGV iShares Expanded Tech-Softwa 0.03% 10,480 $937K No change
A Agilent Technologies Inc. 0.03% 6,087 $904K Reduce -11.7%
STZ Constellation Brands Inc. Class A 0.03% 3,382 $872K Add +1.7%
SCHG Schwab US Large-Cap Growth 0.03% 8,324 $867K Add +4.6%
DUK Duke Energy Corp. 0.03% 7,397 $853K Add +0.1%
MDLZ Mondelez International Inc. Class A 0.03% 11,403 $840K Reduce -1.5%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.03% 7,552 $823K Reduce -17.4%
T AT&T Inc. 0.03% 36,926 $812K Reduce -8.6%
GE General Electric filed as GE AEROSPACE 0.03% 4,261 $804K Add +1.8%
BDX Becton Dickinson and Co. 0.03% 3,315 $799K Reduce -4.2%
INTC Intel Corp. 0.03% 33,810 $793K Reduce -21.4%
TEAM Atlassian Corp. Class A 0.03% 4,950 $786K No change
NOW ServiceNow Inc. 0.03% 871 $779K Reduce -3.0%
BSX Boston Scientific Corp. 0.03% 9,126 $765K Reduce -1.1%
GILD Gilead Sciences Inc. 0.03% 9,096 $763K Add +3.2%
ET Energy Transfer LP 0.03% 47,300 $759K Add +0.6%
IETC iShares U.S. Tech Independen 0.03% 9,636 $755K No change
CI The Cigna Group 0.03% 2,169 $751K Add +3.7%
SYY Sysco Corp. 0.03% 9,480 $740K Reduce -13.1%
TXN Texas Instruments Inc. 0.03% 3,574 $738K Add +1.4%
VLO Valero Energy Corp. 0.02% 5,398 $729K Add +2.0%
ONEQ Fidelity Nasdaq Comp Indx 0.02% 9,967 $714K No change
KKR KKR & Co. Inc. 0.02% 5,400 $705K Reduce -4.1%
MCK McKesson Corp. 0.02% 1,418 $701K Add +0.1%
ASML ASML Holding NV-NY Reg SHS 0.02% 837 $697K Add +1.0%
GSLC Goldman Activebeta US LC ETF 0.02% 6,120 $691K No change
CMI Cummins Inc. 0.02% 2,127 $689K No change
IAU iShares Gold Trust 0.02% 13,783 $685K Add +0.2%
EPD Enterprise Products Partners 0.02% 22,913 $667K Reduce -5.2%
AFL Aflac Inc. 0.02% 5,933 $663K Add +0.3%
AEP American Electric Power 0.02% 6,394 $656K Add +0.1%
SYK Stryker Corp. 0.02% 1,782 $644K Reduce -6.5%
PSX Phillips 66 0.02% 4,727 $621K No change
VEEV Veeva Systems Inc. Class A 0.02% 2,917 $612K No change
SLQT Selectquote Inc. 0.02% 280,000 $608K New
BIIB Biogen Inc. 0.02% 2,944 $571K No change
FSLR First Solar Inc. 0.02% 2,283 $569K No change
GLD SPDR Gold Shares 0.02% 2,321 $564K Reduce -1.7%
DLR Digital Realty Trust Inc. 0.02% 3,391 $549K Add +16.9%
CE Celanese Corp. 0.02% 4,029 $548K Add +1.6%
JBL Jabil Inc. 0.02% 4,527 $542K No change
FTEC Fidelity MSCI Info Tech Indx 0.02% 3,102 $541K Reduce -6.1%
NEM Newmont Corp. 0.02% 10,124 $541K Reduce -6.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.02% 4,595 $540K Add +1.2%
PM Philip Morris International 0.02% 4,408 $535K Reduce -1.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.02% 2,019 $532K No change
MP MP Materials Corp. 0.02% 29,945 $529K Add +5.5%
FRT Federal Realty Invs Trust 0.02% 4,466 $513K Add +80.9%
NFLX Netflix Inc. 0.02% 702 $498K Add +5.6%
JWN Nordstrom Inc. 0.02% 22,124 $498K Reduce -1.2%
GIS General Mills Inc. 0.02% 6,705 $495K Reduce -6.9%
IR Ingersoll-Rand Inc. 0.02% 5,038 $495K No change
XEL Xcel Energy Inc. 0.02% 7,409 $484K Reduce -10.8%
C Citigroup Inc. 0.02% 7,625 $477K Add +0.9%
MO Altria Group Inc. 0.02% 9,245 $472K Reduce -7.1%
LYB Lyondellbasell Indu Class A 0.02% 4,876 $468K Add +4.3%
WDAY Workday Inc. Class A 0.02% 1,901 $465K Reduce -10.6%
IWD iShares Russell 1000 Value E 0.02% 2,396 $455K No change
INTU Intuit Inc. 0.02% 727 $451K Add +1.5%
IHI iShares U.S. Medical Devices 0.02% 7,566 $448K No change
AZN Astrazeneca PLC-Spons ADR 0.02% 5,672 $442K Reduce -2.9%
IPG Interpublic Group of Cos Inc. 0.02% 13,971 $442K Add +53.2%
DOV Dover Corp. 0.01% 2,287 $439K No change
HUBB Hubbell Inc. 0.01% 1,000 $428K No change
MPWR Monolithic Power Systems Inc. 0.01% 457 $422K No change
VGK Vanguard Ftse Europe ETF 0.01% 5,901 $420K No change
PGR Progressive Corp. 0.01% 1,639 $416K No change
FCOM Fidelity MSCI Comm Serv Indx 0.01% 7,544 $416K Reduce -4.0%
ES Eversource Energy 0.01% 6,012 $409K Add +1.5%
IVE iShares S&P 500 Value ETF 0.01% 2,074 $409K Add +3.7%
SOXX iShares Semiconductor ETF 0.01% 1,740 $401K Add +3.5%
DKS Dick's Sporting Goods Inc. 0.01% 1,912 $399K No change
IJR iShares Core S&P Small-Cap E 0.01% 3,390 $396K Reduce -16.1%
PAYX Paychex Inc. 0.01% 2,930 $393K Reduce -2.4%
IHF iShares U.S. Healthcare Prov 0.01% 6,883 $393K Reduce -7.5%
MNDY Monday.com Ltd. 0.01% 1,409 $391K No change
XAR SS SPDR S&P Aerospace Def 0.01% 2,473 $389K No change
AWK American Water Works Co. Inc. 0.01% 2,627 $384K Add +1.1%
TD Toronto-Dominion Bank 0.01% 6,062 $383K Reduce -3.7%
SHEL Shell PLC-ADR 0.01% 5,784 $381K No change
ESS Essex Property Trust Inc. 0.01% 1,280 $378K Reduce -3.8%
QYLD Global X Nasd 100 Cov Call 0.01% 20,939 $378K No change
DOW Dow Inc. 0.01% 6,899 $377K Reduce -1.3%
ZS Zscaler Inc. 0.01% 2,180 $373K New
ADM Archer-Daniels-Midland Co. 0.01% 6,217 $371K No change
KEYS Keysight Technologies Inc. 0.01% 2,332 $371K No change
AMTM Amentum Holdings Inc. 0.01% 11,441 $369K Reduce -5.0%
ERTH Invesco MSCI Sustainable Fut 0.01% 8,002 $361K Add +0.0%
NXPI NXP Semiconductors NV 0.01% 1,502 $360K Reduce -1.8%
OXY Occidental Petroleum Corp. 0.01% 6,942 $358K Reduce -0.9%
SNPS Synopsys Inc. 0.01% 703 $356K No change
EVRG Evergy Inc. 0.01% 5,736 $356K Reduce -6.3%
FAST Fastenal Co. 0.01% 4,859 $347K Add +1.2%
KMI Kinder Morgan Inc. 0.01% 15,568 $344K Add +14.9%
NSC Norfolk Southern Corp. 0.01% 1,367 $340K Reduce -6.8%
PANW Palo Alto Networks Inc. 0.01% 975 $333K Add +65.3%
EFA iShares MSCI Eafe ETF 0.01% 3,965 $332K No change
ENB Enbridge Inc. 0.01% 8,092 $329K Reduce -11.0%
PNC PNC Financial Services Group 0.01% 1,760 $325K No change
MASI Masimo Corp. 0.01% 2,415 $322K No change
HACK Amplify Cybersecurity ETF 0.01% 4,588 $313K No change
ARM Arm Holdings PLC-ADR 0.01% 2,185 $312K New
WPM Wheaton Precious Metals Corp. 0.01% 5,076 $310K No change
IWB iShares Russell 1000 ETF 0.01% 975 $307K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.01% 1,084 $305K Reduce -2.3%
UBER Uber Technologies Inc. 0.01% 4,005 $301K New
OTIS Otis Worldwide Corp. 0.01% 2,891 $300K Reduce -3.5%
IJK iShares S&P Mid-Cap 400 Grow 0.01% 3,260 $300K Add +15.6%
ED Consolidated Edison Inc. 0.01% 2,860 $298K Reduce -1.2%
FDS Factset Research Systems Inc. 0.01% 639 $294K No change
VONG Vanguard Russell 1000 Growth 0.01% 3,005 $290K No change
IYJ iShares U.S. Industrials ETF 0.01% 2,135 $285K No change
PCAR Paccar Inc. 0.01% 2,862 $282K New
PPH Vaneck Pharmaceutical ETF 0.01% 2,923 $278K No change
PPG PPG Industries Inc. 0.01% 2,084 $276K Reduce -2.4%
USMV iShares MSCI USA Min Vol Fac 0.01% 3,020 $276K Reduce -2.6%
SCHK Schwab 1000 Index ETF 0.01% 4,856 $268K No change
EW Edwards Lifesciences Corp. 0.01% 4,049 $267K No change
WY Weyerhaeuser Co. 0.01% 7,873 $267K Reduce -21.1%
PHO Invesco Water Resources ETF 0.01% 3,708 $262K No change
CNI Canadian Natl Railway Co. 0.01% 2,212 $259K No change
FISV Fiserv Inc. 0.01% 1,427 $256K Add +1.9%
CSX CSX Corp. 0.01% 7,383 $255K No change
IYH iShares U.S. Healthcare ETF 0.01% 3,835 $249K No change
FNCL Fidelity MSCI Financial Indx 0.01% 3,881 $248K No change
BAX Baxter International Inc. 0.01% 6,466 $246K Reduce -4.4%
IYT iShares US Transportation Et 0.01% 3,541 $244K No change
FITB Fifth Third Bancorp 0.01% 5,692 $244K Reduce -75.3%
ARE Alexandria Real Estate Equit 0.01% 2,052 $244K Reduce -0.7%
F Ford Motor Co. filed as FORD MTR CO 0.01% 22,995 $243K Reduce -13.3%
DEO Diageo PLC-Sponsored ADR 0.01% 1,722 $242K Reduce -3.9%
AMP Ameriprise Financial Inc. 0.01% 514 $241K No change
IJJ iShares S&P Mid-Cap 400 Valu 0.01% 1,940 $240K Reduce -18.8%
SMAR Smartsheet Inc. Class A 0.01% 4,321 $239K New
HPQ HP Inc. 0.01% 6,636 $238K No change
CLF Cleveland-Cliffs Inc. 0.01% 18,610 $238K Add +3.1%
STT State Street Corp. 0.01% 2,651 $234K Reduce -4.7%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.01% 2,131 $234K Reduce -3.6%
IXN iShares Global Tech ETF 0.01% 2,788 $230K No change
XYLD Global X S&P 500 Cove Call E 0.01% 5,533 $230K No change
TTE Totalenergies SE -Spon ADR 0.01% 3,553 $230K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.01% 2,175 $228K Reduce -12.1%
OKE Oneok Inc. 0.01% 2,487 $227K No change
MU Micron Technology Inc. 0.01% 2,175 $226K Add +5.7%
IEV iShares Europe ETF 0.01% 3,865 $225K Reduce -5.4%
SGOL Abrdn Physical Gold Shares 0.01% 8,850 $222K New
GEV GE Vernova Inc. 0.01% 870 $222K New
HSY The Hershey Co. 0.01% 1,149 $220K No change
MRO Marathon Oil Corp. 0.01% 8,000 $213K No change
AON Aon PLC Class A 0.01% 609 $211K New
DD Dupont DE Nemours Inc. 0.01% 2,335 $208K New
CSGP Costar Group Inc. 0.01% 2,720 $205K No change
URI United Rentals Inc. 0.01% 248 $201K New
ZYXIQ Zynex Inc. 0.00% 17,270 $141K No change
GTM Zoominfo Technologies Inc. 0.00% 11,204 $116K No change
CX Cemex Sab-Spons ADR Part Cer 0.00% 10,067 $61K No change
GGB Gerdau SA -Spon ADR 0.00% 14,576 $51K No change
MMT Aberdeen Multimarket Income 0.00% 10,000 $49K No change
Other holdings (3): bonds, preferreds, convertibles and warrants · $20.0M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 11,930$15.3MAdd +1.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 2,249$2.9MAdd +1.7%
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 38,987$1.8MReduce -0.4%

Total filed on the 13F, all lines: $3.0B.

Portfolio Sells Q2 2024 → Q3 2024

MSFT Microsoft Corp. Reduce -0.5% 4.63% −0.49
GOOGL Alphabet Inc. Class A Reduce -0.5% 1.60% −0.27
CVX Chevron Corp. Reduce -1.0% 1.68% −0.23
AMZN Amazon.com Inc. Reduce -0.5% 2.14% −0.22
WM Waste Management Inc. Reduce -1.4% 1.38% −0.14
NVDA Nvidia Corp. Reduce -1.0% 1.60% −0.14
COST Costco Wholesale Corp. Reduce -2.1% 3.67% −0.14
XLE SS Energy Select Sector Reduce -0.3% 1.06% −0.11
VGT Vanguard Info Tech ETF Reduce -2.3% 1.59% −0.10
AMAT Applied Materials Inc. Reduce -0.8% 0.33% −0.08
BLK BlackRock Finance Inc. Sold out 0.00% −0.07
UPS United Parcel Service Class B Reduce -3.7% 0.65% −0.07
BAC Bank of America Corp. Reduce -2.4% 0.55% −0.05
MRK Merck & Co. Inc. Reduce -0.8% 0.29% −0.05
PG The Procter & Gamble Co. Reduce -2.2% 1.27% −0.04
AMGN Amgen Inc. Reduce -0.7% 1.00% −0.03
TGT Target Corp. Reduce -30.0% 0.07% −0.03
VDE Vanguard Energy ETF Reduce -0.4% 0.28% −0.03
USB US Bancorp Reduce -24.0% 0.13% −0.03
DIS The Walt Disney Co. Reduce -6.7% 0.15% −0.03
ADBE Adobe Inc. Reduce -2.9% 0.15% −0.03
ELV Elevance Health Inc. Reduce -0.2% 0.23% −0.02
V Visa Inc. Class A Reduce -0.4% 1.51% −0.02
JPM JPMorgan Chase & Co. Reduce -0.1% 1.27% −0.02
FITB Fifth Third Bancorp Reduce -75.3% 0.01% −0.02
INTC Intel Corp. Reduce -21.4% 0.03% −0.02
KMB Kimberly-Clark Corp. Reduce -1.5% 0.46% −0.02
FENY Fidelity MSCI Energy Index Reduce -0.1% 0.16% −0.02
GPC Genuine Parts Co. Reduce -0.1% 0.33% −0.02
NUE Nucor Corp. Reduce -1.6% 0.13% −0.02
CMCSA Comcast Corp. Class A Reduce -32.2% 0.03% −0.02
PFE Pfizer Inc. Reduce -8.7% 0.12% −0.01
BA The Boeing Co. Reduce -4.6% 0.04% −0.01
LRCX Lam Research Corp. Reduce -3.1% 0.03% −0.01
BXMT Blackstone Mortgage Tru Class A Sold out 0.00% −0.01
MDT Medtronic PLC Reduce -24.8% 0.05% −0.01
WFC Wells Fargo & Co. Reduce -1.8% 0.08% −0.01
GUNR NT Mstar GLBL NR ETF Sold out 0.00% −0.01
TROW T Rowe Price Group Inc. Reduce -17.4% 0.03% −0.01
J Jacobs Solutions Inc. Reduce -5.0% 0.05% −0.01
TM Toyota Motor Corp. -Spon ADR Sold out 0.00% −0.01
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.01
TEL Te Connectivity PLC Reduce -7.3% 0.06% −0.01
XLC SS Comm Select Sector SPDR Reduce -0.0% 1.98% −0.01
MPC Marathon Petroleum Corp. Reduce -0.1% 0.06% −0.01
EMN Eastman Chemical Co. Sold out 0.00% −0.01
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Sold out 0.00% −0.01
PEP Pepsico Inc. Reduce 0.0% 0.26% −0.01
MDY State Street SPDR S&P Midcap Reduce -2.3% 0.30% −0.01
PFF iShares Preferred & Income S Reduce -11.7% 0.03% −0.00

Portfolio Buys Q2 2024 → Q3 2024

LH Labcorp Holdings Inc. New 0.25% +0.25
BX Blackstone Inc. Add +2.1% 1.00% +0.16
XLY SS Consumer Disc Select Sect Add +1.6% 1.60% +0.08
XLU St Sr Utl SL SE SPDR ETF-Usd Add +12.9% 0.33% +0.07
XLI SS Industrial Select Sector Add +0.6% 1.19% +0.06
XLF SS Financial Select Sector Add +0.6% 1.36% +0.06
O Realty Income Corp. Add +0.5% 0.47% +0.06
VFH Vanguard Financials ETF Add +0.5% 1.35% +0.06
XLP SS Consumer Staples Sel Sect Add +2.3% 1.22% +0.05
ABBV Abbvie Inc. Add +1.3% 0.53% +0.05
LHX L3HARRIS Technologies Inc. Add +43.8% 0.16% +0.05
UNH Unitedhealth Group Inc. Add +3.8% 0.41% +0.05
VIS Vanguard Industrials ETF Add +1.6% 0.74% +0.04
VOX Vanguard Communication Servi Add +3.7% 1.33% +0.04
TRV The Travelers Cos Inc. Add +24.7% 0.15% +0.04
ACN Accenture PLC Class A Add +3.3% 0.32% +0.04
VNQ Vanguard Real Estate ETF Add +0.5% 0.38% +0.04
CB Chubb Ltd. Add +18.4% 0.16% +0.03
VPU Vanguard Utilities ETF Add +5.9% 0.21% +0.03
VCR Vanguard Consumer Discre ETF Add +0.2% 0.94% +0.03
CTAS Cintas Corp. Add +0.5% 0.24% +0.03
XLRE SS Real Estate Select Sector Add +9.3% 0.15% +0.02
SPGI S&P Global Inc. Add +1.4% 0.23% +0.02
VRT Vertiv Holdings Co. Class A Add +19.0% 0.10% +0.02
LIN Linde PLC Add +6.6% 0.24% +0.02
SLQT Selectquote Inc. New 0.02% +0.02
ORCL Oracle Corp. Add +4.2% 0.12% +0.02
LMT Lockheed Martin Corp. Add +2.3% 0.11% +0.02
XLB SS Materials Select Sector Add +2.0% 0.34% +0.02
XLV SS Health Care Select Sector Add +1.2% 1.68% +0.02
TMUS T-Mobile US Inc. Add +5.4% 0.11% +0.02
OMC Omnicom Group Add +13.2% 0.08% +0.02
PPL PPL Corp. Add +4.1% 0.10% +0.02
ROP Roper Technologies Inc. Add +27.5% 0.10% +0.02
AVGO Broadcom Inc. Add +1.5% 0.47% +0.01
VDC Vanguard Consumer Staple ETF Add +1.6% 0.43% +0.01
ZS Zscaler Inc. New 0.01% +0.01
DVY iShares Select Dividend ETF Add +0.0% 0.24% +0.01
TMO Thermo Fisher Scientific Inc. Add +0.7% 0.21% +0.01
IBM Intl Business Machines Corp. Add +1.5% 0.07% +0.01
VAW Vanguard Materials ETF Add +0.5% 0.30% +0.01
PH Parker Hannifin Corp. Add +6.6% 0.06% +0.01
AXP American Express Co. Add +0.9% 0.11% +0.01
ARM Arm Holdings PLC-ADR New 0.01% +0.01
CARR Carrier Global Corp. Add +1.4% 0.06% +0.01
CSL Carlisle Cos Inc. Add +0.1% 0.22% +0.01
UBER Uber Technologies Inc. New 0.01% +0.01
IAT iShares US Regional Banks Et Add +4.3% 0.08% +0.01
PCAR Paccar Inc. New 0.01% +0.01
GLW Corning Inc. Add +7.9% 0.06% +0.01

Notes & Other Activity Q2 2024 → Q3 2024

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +1.3% 11,930 $15.3M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Add +1.7% 2,249 $2.9M
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Reduce -0.4% 38,987 $1.8M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 398$3.4BXLK, AAPL, MSFT, COST, GOOGL
Q1 2026 391$3.0BAAPL, XLK, COST, MSFT, GOOGL
Q4 2025 392$3.1BAAPL, XLK, MSFT, COST, GOOGL
Q3 2025 381$3.1BAAPL, XLK, MSFT, COST, AMZN
Q2 2025 375$3.0BAAPL, XLK, MSFT, COST, XLC
Q1 2025 359$2.8BAAPL, XLK, MSFT, COST, XLC
Q4 2024 364$2.9BAAPL, XLK, MSFT, COST, AMZN
Q3 2024 370$2.9BAAPL, XLK, MSFT, COST, VTI
Q2 2024 364$2.8BAAPL, XLK, MSFT, COST, AMZN
Q1 2024 374$2.7BAAPL, XLK, MSFT, COST, AMZN