Kestra Advisory Services, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 15, 2025), Kestra Advisory Services, LLC reported 2,799 stock positions worth $20.5 billion. Its top holding was Berkshire Hathaway Class A (BRK.A) at 4.5% of the portfolio, followed by Apple (AAPL, 2.6%) and iShares Core S&P 500 ETF (IVV, 2.2%). Compared with Q1 2025, it opened 269 new positions, sold out of 204, added to 1,625 and reduced 848. The biggest buy was Nvidia (NVDA, shares +5%) and the biggest sale Berkshire Hathaway Class A (BRK.A, shares −72%).
- Most Recent 13F
- Q2 2026
- Location
- AUSTIN, TX
- CIK
- 0001830819
- Portfolio Value
- $20.5B (Q2 2025)
- SEC Filing
- 0001830819-25-000009 ↗ filed Aug 15, 2025
Holdings Value
Holdings 2,799 stocks · $20.5B
| BRK.A Berkshire Hathaway Inc. Class A | 4.48% | 1,258 | $916.8M | Reduce -72.4% |
| AAPL Apple Inc. | 2.56% | 2,558,681 | $525.0M | Add +6.4% |
| IVV iShares Core S&P 500 ETF | 2.22% | 733,125 | $455.2M | Add +16.7% |
| NVDA Nvidia Corp. | 2.10% | 2,715,857 | $429.1M | Add +5.1% |
| PH Parker Hannifin Corp. | 2.09% | 613,081 | $428.2M | Add +1.4% |
| MSFT Microsoft Corp. | 1.96% | 805,453 | $400.6M | Add +1.8% |
| QQQ Invesco QQQ Trust Series 1 | 1.70% | 630,939 | $348.1M | Add +8.1% |
| AMZN Amazon.com Inc. | 1.40% | 1,302,223 | $285.7M | Add +7.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.37% | 453,503 | $280.2M | Add +1.5% |
| VOO Vanguard S&P 500 ETF | 1.27% | 457,689 | $260.0M | Reduce -22.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.09% | 507,886 | $222.7M | Add +11.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 436,672 | $212.1M | Add +9.8% |
| OEF iShares S&P 100 ETF | 0.98% | 656,545 | $199.8M | Add +3.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.85% | 572,106 | $173.9M | Add +8.0% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.84% | 4,344,269 | $171.6M | Add +17.9% |
| RDVY First Trust Rising Dividend | 0.80% | 2,622,035 | $164.5M | Add +3.8% |
| FBND Fidelity Total Bond ETF | 0.75% | 3,369,590 | $154.2M | Add +2.0% |
| VYM Vanguard High DVD Yield ETF | 0.69% | 1,061,435 | $141.5M | Add +9.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.69% | 797,777 | $141.0M | Reduce -5.3% |
| JPM JPMorgan Chase & Co. | 0.68% | 479,817 | $139.1M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.52% | 144,614 | $106.7M | Reduce -3.7% |
| JAAA Janus Henderson Aaa Clo ETF | 0.52% | 2,086,034 | $105.9M | Add +18.8% |
| JEPI JPMorgan Equity Premium Inco | 0.50% | 1,785,759 | $101.5M | Add +19.6% |
| GOOGL Alphabet Inc. Class A | 0.49% | 571,281 | $100.7M | Add +6.4% |
| QUAL iShares MSCI USA Quality Fac | 0.48% | 534,579 | $97.7M | Reduce -1.4% |
| GLD SPDR Gold Shares | 0.47% | 318,386 | $97.1M | Add +9.6% |
| GOOG Alphabet Inc. Class C | 0.47% | 539,478 | $95.7M | Add +4.4% |
| AVGO Broadcom Inc. | 0.43% | 322,697 | $89.0M | Add +8.9% |
| COWZ Pacer US Cash Cows 100 ETF | 0.43% | 1,592,233 | $87.7M | Add +0.3% |
| XLK SS Technology Select Sector | 0.42% | 339,865 | $86.1M | Add +5.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.42% | 1,177,549 | $85.6M | Add +3.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.42% | 305,492 | $85.5M | Add +11.9% |
| CGGR Cap Group Growth Equity | 0.41% | 2,079,960 | $84.6M | Add +13.8% |
| TSLA Tesla Inc. | 0.38% | 246,514 | $78.3M | Add +6.2% |
| IVW iShares S&P 500 Growth ETF | 0.38% | 710,137 | $78.2M | Add +11.9% |
| COST Costco Wholesale Corp. | 0.37% | 75,942 | $75.2M | Add +5.9% |
| RSP Invesco S&P 500 Equal Weight | 0.36% | 407,230 | $74.0M | Add +1.3% |
| VIG Vanguard Dividend Apprec ETF | 0.35% | 351,636 | $72.0M | Reduce -11.2% |
| DFAC Dimensional US Core Equity 2 | 0.35% | 1,983,445 | $71.1M | Add +6.0% |
| SCHD Schwab US DVD Equity ETF | 0.35% | 2,675,988 | $70.9M | Reduce -18.2% |
| V Visa Inc. Class A | 0.35% | 199,512 | $70.8M | Add +1.7% |
| IJR iShares Core S&P Small-Cap E | 0.34% | 641,260 | $70.1M | Reduce -17.0% |
| IYW iShares Ustechnology ETF | 0.34% | 398,674 | $69.1M | Add +10.1% |
| XOM Exxon Mobil Corp. | 0.34% | 639,139 | $68.9M | Add +12.2% |
| IVE iShares S&P 500 Value ETF | 0.33% | 349,692 | $68.3M | Reduce -13.8% |
| USFR Wisdomtree Floating Rate Tre | 0.33% | 1,356,350 | $68.2M | Add +61.6% |
| LLY Eli Lilly & Co. | 0.33% | 85,380 | $66.6M | Add +1.4% |
| WMT Walmart Inc. | 0.32% | 675,377 | $66.0M | Reduce -8.5% |
| FENI Fidelity Enhanced Intl ETF | 0.32% | 1,980,290 | $65.9M | Add +80.4% |
| ABBV Abbvie Inc. | 0.32% | 351,326 | $65.2M | Add +3.7% |
| VEA Vanguard Ftse Developed ETF | 0.32% | 1,142,837 | $65.2M | Add +6.8% |
| CAT Caterpillar Inc. | 0.32% | 166,388 | $64.6M | Add +3.7% |
| IWF iShares Russell 1000 Growth | 0.31% | 151,533 | $64.3M | Add +7.4% |
| BLV Vanguard Long-Term Bond ETF | 0.31% | 911,555 | $63.4M | Add +2.3% |
| NFLX Netflix Inc. | 0.30% | 46,070 | $61.7M | Add +5.4% |
| SCHG Schwab US Large-Cap Growth | 0.30% | 2,109,063 | $61.6M | Reduce -11.0% |
| FTEC Fidelity MSCI Info Tech Indx | 0.30% | 308,500 | $60.8M | Add +107.3% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.29% | 1,292,860 | $59.8M | Reduce -3.2% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.29% | 1,869,946 | $59.5M | Add +7.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 199,538 | $58.8M | Add +17.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.28% | 608,977 | $58.0M | Add +7.6% |
| VXUS Vanguard Total Intl Stock | 0.28% | 827,388 | $57.2M | Reduce -24.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.28% | 677,410 | $56.6M | Add +5.4% |
| PG The Procter & Gamble Co. | 0.27% | 345,474 | $55.0M | Reduce -1.9% |
| SCHB Schwab US Broad Market ETF | 0.27% | 2,289,546 | $54.6M | Add +14.0% |
| HD Home Depot Inc. | 0.26% | 144,610 | $53.0M | Add +3.6% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.26% | 963,763 | $52.4M | Add +14.2% |
| ETN Eaton Corp. PLC | 0.25% | 145,103 | $51.8M | Add +2.8% |
| DGRW Wisdomtree U.S. Quality Divi | 0.25% | 615,506 | $51.5M | Add +19.9% |
| AGG iShares Core U.S. Aggregate | 0.25% | 512,529 | $50.8M | Add +38.1% |
| IJH iShares Core S&P Midcap ETF | 0.25% | 814,600 | $50.5M | Reduce -14.5% |
| VGT Vanguard Info Tech ETF | 0.24% | 74,910 | $49.7M | Add +3.0% |
| ITOT iShares Core S&P Total U.S. | 0.24% | 364,809 | $49.3M | Reduce -0.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.24% | 206,386 | $48.9M | Add +2.7% |
| ORCL Oracle Corp. | 0.23% | 214,840 | $47.0M | Add +2.4% |
| SDVY First Trust Smid Cap Rising | 0.23% | 1,305,901 | $46.1M | Add +2.9% |
| JNJ Johnson & Johnson | 0.22% | 299,003 | $45.7M | Add +6.1% |
| GS Goldman Sachs Group Inc. | 0.22% | 64,289 | $45.5M | Add +2.5% |
| AIRR First Trust Rba American Ind | 0.22% | 551,559 | $44.9M | Add +12.7% |
| DE Deere & Co. | 0.22% | 87,027 | $44.3M | Reduce -4.7% |
| CVX Chevron Corp. | 0.21% | 307,339 | $44.0M | Add +3.9% |
| FPE FT-Preferred Secur & Inc. ETF | 0.21% | 2,468,357 | $43.9M | Reduce -3.8% |
| QQQM Invesco Nasdaq 100 ETF | 0.21% | 191,783 | $43.6M | Add +8.0% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.21% | 1,174,544 | $43.4M | Add +7.3% |
| IWM iShares Russell 2000 ETF | 0.21% | 200,769 | $43.3M | Add +10.1% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 0.21% | 326,378 | $42.8M | Add +5.7% |
| FQAL Fidelity Quality Factor ETF | 0.21% | 608,828 | $42.4M | Add +9.5% |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.21% | 1,223,407 | $42.1M | Add +23.3% |
| PPA Invesco Aerospace & Defense | 0.20% | 295,370 | $41.9M | Add +9.4% |
| MCD McDonald's Corp. | 0.20% | 142,276 | $41.6M | Add +4.4% |
| FVD First Trust Value Line DVD | 0.20% | 928,117 | $41.5M | Reduce -2.8% |
| DUSA Davis Select US Equity ETF | 0.20% | 889,292 | $41.2M | Add +2.9% |
| FFLG Fidelity Fndmntl L/C GRW ETF | 0.20% | 1,522,434 | $40.5M | Add +16.4% |
| DFUS Dimensional US Eq MKT ETF | 0.20% | 601,524 | $40.3M | Add +8.7% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.20% | 499,750 | $40.0M | Add +23.3% |
| JQUA JPMorgan US Quality Factor | 0.19% | 664,522 | $39.9M | Add +18.9% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.19% | 786,926 | $39.5M | New |
| FTCS First Trust Capital Strength | 0.19% | 426,771 | $38.8M | Add +2.1% |
| VZ Verizon Communications Inc. | 0.19% | 893,282 | $38.7M | Add +6.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.19% | 135,595 | $38.6M | Add +40.7% |
Options reported separately and not counted above: SPY puts ($18.7M), GS puts ($2.8M), NVDA puts ($2.7M), META calls ($2.4M), QQQ calls ($827K), NVDA calls ($711K), MSTR calls ($687K), QQQ puts ($552K).
Other holdings (8): bonds, preferreds, convertibles and warrants · $18.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 10,114 | $11.9M | Add +1.8% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 3,674 | $4.5M | Add +3.1% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 31,362 | $1.2M | Add +20.0% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 19,299 | $767K | Reduce -22.2% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 10,857 | $257K | Add +9.0% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 1,865 | $226K | New |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 92,854 | $3K | No change |
| VSEEW Digital Health Acquist-CW23 | *W EXP 99/99/999 | 10,000 | $354 | No change |
Total filed on the 13F, all lines: $20.5B.
Portfolio Sells Q1 2025 → Q2 2025
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -72.4% | 4.48% | −13.14 |
| VOO Vanguard S&P 500 ETF | Reduce -22.1% | 1.27% | −0.19 |
| KNG FT Vest S&P 500 DVD Arst TRG | Reduce -63.6% | 0.07% | −0.13 |
| PRF Invesco Rafi US 1000 ETF | Reduce -88.7% | 0.02% | −0.12 |
| SCHD Schwab US DVD Equity ETF | Reduce -18.2% | 0.35% | −0.10 |
| AGOX Adaptive Alpha Opportunities | Reduce -98.6% | 0.00% | −0.09 |
| VCEB Vanguard ESG US Corp. Bond | Reduce -2.9% | 0.03% | −0.08 |
| JNK SS SPDR BB High Yield Bond | Reduce -62.4% | 0.04% | −0.07 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -89.5% | 0.01% | −0.06 |
| FNX First Trust Mid Cap Core Alp | Reduce -62.3% | 0.04% | −0.06 |
| PSFF Pacer Swan Sos Fund of Funds | Reduce -69.7% | 0.03% | −0.06 |
| DFAI Dimensional International Co. | Reduce -50.4% | 0.07% | −0.05 |
| VXUS Vanguard Total Intl Stock | Reduce -24.6% | 0.28% | −0.05 |
| GOVT iShares US Treasury Bond ETF | Reduce -50.4% | 0.05% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -17.0% | 0.34% | −0.05 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -25.0% | 0.12% | −0.04 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -52.3% | 0.04% | −0.04 |
| IVE iShares S&P 500 Value ETF | Reduce -13.8% | 0.33% | −0.04 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -66.2% | 0.02% | −0.03 |
| RSPN Invesco S&P 500 Equal Weight | Reduce -61.2% | 0.02% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -11.3% | 0.10% | −0.03 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -19.7% | 0.12% | −0.03 |
| XME SS SPDR S&P Metals Mining | Reduce -89.9% | 0.00% | −0.03 |
| BOND PIMCO Active Bond Exchange-T | Reduce -14.7% | 0.15% | −0.03 |
| GCC Wisdomtree Enhanced Commodit | Reduce -96.0% | 0.00% | −0.02 |
| EPP iShares MSCI Pacific Ex Japa | Reduce -93.5% | 0.00% | −0.02 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -44.9% | 0.04% | −0.02 |
| IWV iShares Russell 3000 ETF | Reduce -34.5% | 0.06% | −0.02 |
| IRT Independence Realty Trust Inc. | Reduce -48.7% | 0.02% | −0.02 |
| VONG Vanguard Russell 1000 Growth | Reduce -37.7% | 0.07% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -14.5% | 0.25% | −0.02 |
| DHR Danaher Corp. | Reduce -22.2% | 0.07% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -1.9% | 0.27% | −0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -35.1% | 0.07% | −0.02 |
| XFEB FT Vest Enh Mod Buff - Feb | Reduce -45.6% | 0.03% | −0.02 |
| TLT iShares 20+ Year Treasury BD | Reduce -9.7% | 0.16% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -11.2% | 0.35% | −0.02 |
| TMO Thermo Fisher Scientific Inc. | Reduce -13.1% | 0.05% | −0.02 |
| SPGP Invesco S&P 500 Garp ETF | Reduce -58.0% | 0.02% | −0.02 |
| SASR Sandy Spring Bancorp Inc. | Sold out | 0.00% | −0.02 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.8% | 0.05% | −0.02 |
| FELV Fidelity Enh LRG Cap Val ETF | Reduce -43.9% | 0.03% | −0.02 |
| X United States Steel Corp. | Sold out | 0.00% | −0.02 |
| PTBD Pacer Trendpilot US Bond ETF | Reduce -92.5% | 0.00% | −0.02 |
| BKCI BNY Mellon Concentrated Intl | Sold out | 0.00% | −0.02 |
| PHDG Invesco S&P 500 Downside Hed | Sold out | 0.00% | −0.02 |
| DOW Dow Inc. | Reduce -8.0% | 0.04% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -5.3% | 0.69% | −0.02 |
| XLY SS Consumer Disc Select Sect | Reduce -38.7% | 0.03% | −0.02 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -73.8% | 0.01% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +5.1% | 2.10% | +0.74 |
| OEF iShares S&P 100 ETF | Add +3.8% | 0.98% | +0.67 |
| MSFT Microsoft Corp. | Add +1.8% | 1.96% | +0.52 |
| IVV iShares Core S&P 500 ETF | Add +16.7% | 2.22% | +0.51 |
| QQQ Invesco QQQ Trust Series 1 | Add +8.1% | 1.70% | +0.37 |
| PH Parker Hannifin Corp. | Add +1.4% | 2.09% | +0.31 |
| AMZN Amazon.com Inc. | Add +7.1% | 1.40% | +0.28 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +11.6% | 1.09% | +0.27 |
| CGDV Cap Group Dividend Value | Add +17.9% | 0.84% | +0.20 |
| AVGO Broadcom Inc. | Add +8.9% | 0.43% | +0.19 |
| JMTG Mortgage-Backed Securities | New | 0.19% | +0.19 |
| FTEC Fidelity MSCI Info Tech Indx | Add +107.3% | 0.30% | +0.18 |
| FENI Fidelity Enhanced Intl ETF | Add +80.4% | 0.32% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.5% | 1.37% | +0.16 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.0% | 0.85% | +0.14 |
| USFR Wisdomtree Floating Rate Tre | Add +61.6% | 0.33% | +0.13 |
| CGGR Cap Group Growth Equity | Add +13.8% | 0.41% | +0.11 |
| NFLX Netflix Inc. | Add +5.4% | 0.30% | +0.10 |
| XLK SS Technology Select Sector | Add +5.7% | 0.42% | +0.10 |
| IVW iShares S&P 500 Growth ETF | Add +11.9% | 0.38% | +0.10 |
| TSLA Tesla Inc. | Add +6.2% | 0.38% | +0.09 |
| IYW iShares Ustechnology ETF | Add +10.1% | 0.34% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +6.4% | 0.49% | +0.09 |
| ORCL Oracle Corp. | Add +2.4% | 0.23% | +0.09 |
| RDVY First Trust Rising Dividend | Add +3.8% | 0.80% | +0.09 |
| JAAA Janus Henderson Aaa Clo ETF | Add +18.8% | 0.52% | +0.09 |
| VYM Vanguard High DVD Yield ETF | Add +9.6% | 0.69% | +0.09 |
| JEPI JPMorgan Equity Premium Inco | Add +19.6% | 0.50% | +0.08 |
| IBM Intl Business Machines Corp. | Add +17.3% | 0.29% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +4.4% | 0.47% | +0.08 |
| PLTR Palantir Technologies Inc. Class A | Add +8.7% | 0.18% | +0.08 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +11.9% | 0.42% | +0.08 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +40.7% | 0.19% | +0.07 |
| FTGS First Trust Grwth Strgth ETF | Add +51.0% | 0.17% | +0.07 |
| AGG iShares Core U.S. Aggregate | Add +38.1% | 0.25% | +0.07 |
| GLD SPDR Gold Shares | Add +9.6% | 0.47% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +7.4% | 0.31% | +0.07 |
| ETN Eaton Corp. PLC | Add +2.8% | 0.25% | +0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +34.9% | 0.13% | +0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +7.6% | 0.28% | +0.06 |
| EFV iShares MSCI Eafe Value ETF | Add +53.0% | 0.16% | +0.06 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +23.3% | 0.20% | +0.06 |
| RWL Invesco S&P 500 Revenue ETF | Add +52.5% | 0.16% | +0.06 |
| EQWL Invesco S&P 100 Equal Weight | Add +1013.2% | 0.07% | +0.06 |
| CAT Caterpillar Inc. | Add +3.7% | 0.32% | +0.06 |
| PHYS Sprott Physical Gold Trust | Add +42.1% | 0.18% | +0.06 |
| AIRR First Trust Rba American Ind | Add +12.7% | 0.22% | +0.06 |
| FFLG Fidelity Fndmntl L/C GRW ETF | Add +16.4% | 0.20% | +0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +3.7% | 0.42% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +2.5% | 0.22% | +0.06 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 30,200 | $18.7M |
| GS Goldman Sachs Group Inc. | put | New | 4,000 | $2.8M |
| NVDA Nvidia Corp. | put | Reduce -2.3% | 17,000 | $2.7M |
| META Meta Platforms Inc. Class A | call | New | 3,300 | $2.4M |
| QQQ Invesco QQQ Trust Series 1 | call | New | 1,500 | $827K |
| NVDA Nvidia Corp. | call | Reduce -71.2% | 4,500 | $711K |
| MSTR Strategy Inc. | call | Reduce -19.1% | 1,700 | $687K |
| QQQ Invesco QQQ Trust Series 1 | put | New | 1,000 | $552K |
| SLV iShares Silver Trust | call | Sold out | 15,000 | $25Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 12,500 | $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 Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +1.8% | 10,114 | $11.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +3.1% | 3,674 | $4.5M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Add +20.0% | 31,362 | $1.2M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Reduce -22.2% | 19,299 | $767K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +9.0% | 10,857 | $257K |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | New | 1,865 | $226K |
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | Sold out | 42,185 | $1Kbefore 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 | 3,239 | $30.9B | AAPL, NVDA, PH, QQQ, IVV |
| Q1 2026 | 3,094 | $26.4B | AAPL, PH, NVDA, IVV, QQQ |
| Q4 2025 | 4,505 | $24.2B | AAPL, NVDA, PH, IVV, MSFT |
| Q3 2025 | 2,874 | $21.8B | AAPL, NVDA, PH, MSFT, IVV |
| Q2 2025 | 2,799 | $20.5B | BRK.A, AAPL, IVV, NVDA, PH |
| Q1 2025 | 2,734 | $20.6B | BRK.A, AAPL, PH, IVV, VOO |
| Q4 2024 | 2,626 | $18.2B | AAPL, IVV, PH, NVDA, MSFT |
| Q3 2024 | 2,527 | $18.1B | AAPL, PH, MSFT, IVV, NVDA |
| Q2 2024 | 2,599 | $17.9B | AAPL, MSFT, NVDA, IVV, PH |
| Q1 2024 | 2,443 | $14.9B | AAPL, PH, MSFT, IVV, VOO |