Knightsbridge Asset Management, LLC

Name: KNIGHTSBRIDGE ASSET MANAGEMENT, LLC 13F holdings, Q3 2025
Creator: KNIGHTSBRIDGE ASSET MANAGEMENT, LLC
Published: 2025-11-14

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Knightsbridge Asset Management, LLC reported 174 stock positions worth $586.7 million. Its top holding was Wisdomtree Floating Rate Tre (USFR) at 11.9% of the portfolio, followed by Ste STR SPDR PT DW Eu ETF (SPDW, 5.6%) and Simplify MBS ETF (MTBA, 5.1%). Compared with Q2 2025, it opened 30 new positions, sold out of 7, added to 77 and reduced 54. The biggest buy was Wisdomtree Floating Rate Tre (USFR, shares +821%) and the biggest sale Dimensional US Core Equity 2 (DFAC, shares −61%).

Most Recent 13F: Q2 2026
Location: NEWPORT BEACH, CA
CIK: 0001332811
Portfolio Value: $586.7M (Q3 2025)
SEC Filing: 0001332811-25-000011 ↗ filed Nov 14, 2025

Holdings Value

Holdings 174 stocks · $586.7M


USFR Wisdomtree Floating Rate Tre	11.89%	1,388,076	$69.8M	Add +821.2%
SPDW Ste STR SPDR PT DW Eu ETF	5.55%	761,501	$32.6M	Add +25.2%
MTBA Simplify MBS ETF	5.08%	592,009	$29.8M	Add +7.4%
SPYM Ste STR SPDR PT S&P 500 ETF	4.75%	355,899	$27.9M	Reduce -5.2%
AAPL Apple Inc.	3.50%	80,533	$20.5M	Reduce -0.8%
SPEM State Street SP PTF Em ETF	3.47%	434,347	$20.3M	Reduce -1.0%
MSFT Microsoft Corp.	2.66%	30,084	$15.6M	Add +2.6%
UAL United Airlines Holdings Inc.	2.62%	158,997	$15.3M	Reduce -3.3%
KCCA Kraneshares California Carbo	2.57%	883,929	$15.1M	Reduce -18.1%
JQUA JPMorgan US Quality Factor	2.49%	232,175	$14.6M	Add +37.1%
GOOGL Alphabet Inc. Class A	2.38%	57,359	$13.9M	Reduce -0.2%
WDC Western Digital Corp.	2.20%	107,713	$12.9M	Reduce -3.4%
DGRO iShares Core Dividend Growth	1.85%	159,498	$10.9M	Reduce -3.8%
AMZN Amazon.com Inc.	1.75%	46,736	$10.3M	Add +2.9%
CNC Centene Corp.	1.69%	277,791	$9.9M	New
SIMO Silicon Motion Technol-ADR	1.63%	101,105	$9.6M	Reduce -1.9%
MRVL Marvell Technology Inc.	1.53%	107,022	$9.0M	Reduce -5.7%
V Visa Inc. Class A	1.49%	25,676	$8.8M	Reduce -1.1%
LDI Loandepot Inc. Class A	1.44%	2,757,728	$8.5M	Reduce -14.4%
OSK Oshkosh Corp.	1.37%	61,947	$8.0M	Reduce -3.8%
IT Gartner Inc.	1.32%	29,378	$7.7M	New
HCA HCA Healthcare Inc.	1.31%	18,037	$7.7M	Add +0.8%
NSP Insperity Inc.	1.28%	152,546	$7.5M	Add +1098.3%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	1.23%	17,997	$7.2M	Add +163.5%
DHI D.R. Horton Inc.	1.16%	40,287	$6.8M	Reduce -3.4%
CPAY Corpay Inc.	1.11%	22,630	$6.5M	New
MGA Magna International Inc.	1.09%	135,163	$6.4M	Reduce -5.3%
FICO Fair Isaac Corp.	1.08%	4,229	$6.3M	Reduce -0.3%
AMCR Amcor PLC	1.02%	731,875	$6.0M	Reduce -4.9%
COST Costco Wholesale Corp.	1.00%	6,332	$5.9M	Reduce -2.0%
TXT Textron Inc.	1.00%	69,323	$5.9M	Reduce -4.8%
ARW Arrow Electronics Inc.	1.00%	48,287	$5.8M	Reduce -2.8%
PFF iShares Preferred & Income S	0.98%	182,289	$5.8M	Add +4.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.96%	108,702	$5.6M	Reduce -0.8%
DFAC Dimensional US Core Equity 2	0.85%	129,530	$5.0M	Reduce -60.7%
IUSG iShares Core S&P U.S. Growth	0.83%	29,689	$4.9M	Add +30.4%
IGIB iShares 5-10Y Inv Grade Corp.	0.81%	88,186	$4.8M	Add +1525.5%
SNDK Sandisk Corp.	0.74%	38,593	$4.3M	Add +0.7%
FCNCA First Citizens Bcshs Class A	0.71%	2,337	$4.2M	Reduce -1.0%
SPSM SS SPDR P S&P 600 Small Cap	0.71%	89,770	$4.2M	Add +43.2%
NICE Nice Ltd. - Spon ADR	0.70%	28,533	$4.1M	Reduce -5.6%
APH Amphenol Corp. Class A	0.65%	30,891	$3.8M	Add +4.3%
RHP Ryman Hospitality Properties	0.58%	38,107	$3.4M	Reduce -3.4%
IVV iShares Core S&P 500 ETF	0.56%	4,913	$3.3M	Add +8.8%
IWR iShares Russell Mid-Cap ETF	0.52%	31,482	$3.0M	Reduce -48.9%
NEM Newmont Corp.	0.52%	35,868	$3.0M	Add +5.1%
ORI Old Republic Intl Corp.	0.48%	65,707	$2.8M	Add +0.9%
NVDA Nvidia Corp.	0.47%	14,820	$2.8M	Add +8.1%
UHAL.B U-Haul Holding Co.-Non Voting	0.44%	50,837	$2.6M	Reduce -1.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd	0.43%	8,661	$2.5M	Add +579.8%
MCK McKesson Corp.	0.42%	3,171	$2.4M	Reduce -3.1%
EWJV iShares MSCI Japan Value ETF	0.40%	59,654	$2.3M	Add +13.2%
GOOG Alphabet Inc. Class C	0.39%	9,508	$2.3M	Add +5.1%
GDX Vaneck Gold Miners ETF	0.38%	29,560	$2.3M	Reduce -5.8%
IEUR iShares Core MSCI Europe ETF	0.36%	31,299	$2.1M	Add +6.8%
NAVI Navient Corp.	0.36%	160,144	$2.1M	New
IEFA iShares Core MSCI Eafe ETF	0.35%	23,481	$2.1M	Reduce -0.0%
META Meta Platforms Inc. Class A	0.34%	2,704	$2.0M	Add +5.2%
AVGO Broadcom Inc.	0.32%	5,689	$1.9M	Add +5.0%
ADBE Adobe Inc.	0.30%	4,977	$1.8M	Add +7.6%
BRK.B Berkshire Hathaway Inc. Class B	0.27%	3,158	$1.6M	Add +16.9%
SAIC Science Applications Inte	0.25%	14,918	$1.5M	Reduce -0.8%
AXP American Express Co.	0.23%	3,989	$1.3M	Add +14.1%
GRMN Garmin Ltd.	0.21%	4,977	$1.2M	Add +2.6%
VOO Vanguard S&P 500 ETF	0.20%	1,948	$1.2M	Add +72.2%
LLY Eli Lilly & Co.	0.20%	1,554	$1.2M	Add +5.2%
BLK BlackRock Inc.	0.19%	959	$1.1M	Add +29.6%
AVUS Avantis U.S. Equity ETF	0.18%	9,782	$1.1M	Reduce -6.1%
TSLA Tesla Inc.	0.18%	2,386	$1.1M	Add +7.6%
IBB iShares Biotechnology ETF	0.17%	6,750	$974K	Reduce -5.5%
OUNZ Vaneck Merk Gold ETF	0.15%	23,331	$868K	Reduce -1.1%
ABBV Abbvie Inc.	0.14%	3,674	$851K	Add +30.9%
GD General Dynamics Corp.	0.14%	2,374	$809K	Add +10.5%
JPM JPMorgan Chase & Co.	0.14%	2,555	$806K	Add +37.4%
PH Parker Hannifin Corp.	0.13%	1,044	$792K	No change
VTI VG Morningstar TS MKT ETF-US	0.13%	2,408	$790K	Add +26.4%
BRK.A Berkshire Hathaway Inc. Class A	0.13%	1	$754K	No change
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.12%	5,050	$730K	Add +0.5%
CR Crane Co.	0.12%	3,948	$727K	Add +1.7%
WMT Walmart Inc.	0.12%	6,977	$719K	Add +72.8%
IBBQ Invesco Nasdaq Biotech ETF	0.12%	29,300	$712K	No change
JNJ Johnson & Johnson	0.12%	3,811	$707K	Add +7.6%
GS Goldman Sachs Group Inc.	0.12%	867	$691K	Add +14.1%
CVX Chevron Corp.	0.10%	3,958	$615K	Add +8.8%
ACN Accenture PLC Class A	0.10%	2,488	$614K	Add +14.2%
HD Home Depot Inc.	0.10%	1,494	$605K	Add +6.8%
GE General Electric filed as GE AEROSPACE	0.10%	1,993	$600K	Add +16.6%
PGR Progressive Corp.	0.10%	2,397	$592K	Add +39.9%
WINA Winmark Corp.	0.10%	1,155	$575K	Reduce -1.9%
PG The Procter & Gamble Co.	0.09%	3,624	$557K	Add +110.2%
ROST Ross Stores Inc.	0.09%	3,600	$549K	Add +43.4%
NVS Novartis AG-Sponsored ADR	0.09%	4,105	$526K	Reduce -3.4%
ORCL Oracle Corp.	0.09%	1,788	$503K	Add +39.4%
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED	0.08%	60,330	$494K	Reduce -2.8%
QUAL iShares MSCI USA Quality Fac	0.08%	2,510	$488K	Add +121.2%
RBLX Roblox Corp. Class A	0.08%	3,521	$488K	Add +20.5%
FAF First American Financial	0.08%	7,515	$483K	Add +1.0%
XOM Exxon Mobil Corp.	0.08%	4,065	$458K	Add +9.8%
MAGN Magnera Corp.	0.08%	38,719	$454K	Add +3.9%
KKR KKR & Co. Inc.	0.08%	3,482	$453K	Reduce -0.2%
PEP Pepsico Inc.	0.07%	3,134	$440K	Add +44.6%
PLTR Palantir Technologies Inc. Class A	0.07%	2,332	$425K	Add +57.0%
SPY SS SPDR S&P 500 ETF Trust-US	0.07%	627	$418K	No change
NOW ServiceNow Inc.	0.07%	449	$413K	Add +2.3%
CME Cme Group Inc.	0.07%	1,503	$406K	Add +42.7%
UI Ubiquiti Inc.	0.07%	596	$394K	Reduce -0.7%
QTEC First Trust Nasdq 100 Tech I	0.07%	1,700	$390K	No change
SBUX Starbucks Corp.	0.07%	4,608	$390K	Reduce -2.5%
ACRE Ares Commercial Real Estate	0.07%	85,450	$385K	Add +9.7%
CTSH Cognizant Tech Solutions-A	0.07%	5,709	$383K	Reduce -12.8%
ADP Automatic Data Processing	0.06%	1,282	$376K	Reduce -6.6%
MRK Merck & Co. Inc.	0.06%	4,460	$374K	New
UNH Unitedhealth Group Inc.	0.06%	1,022	$353K	Add +31.4%
LMT Lockheed Martin Corp.	0.06%	704	$351K	Reduce -13.0%
ANET Arista Networks Inc.	0.06%	2,401	$350K	Add +11.1%
UHAL U-Haul Holding Co.	0.06%	5,984	$342K	Reduce -1.1%
GSEW Goldman Sachs Eql WGHT Large	0.06%	3,990	$339K	Reduce -0.4%
GL Globe Life Inc.	0.06%	2,364	$338K	Add +6.4%
VGT Vanguard Info Tech ETF	0.06%	450	$336K	No change
AEM Agnico Eagle Mines Ltd.	0.06%	1,985	$335K	Reduce -9.7%
INTC Intel Corp.	0.06%	9,931	$333K	New
GM General Motors Co.	0.06%	5,410	$330K	Add +16.1%
KLAC KLA Corp.	0.06%	302	$326K	Add +7.9%
INGR Ingredion Inc.	0.06%	2,667	$326K	Reduce -4.5%
GEV GE Vernova Inc.	0.05%	524	$322K	Add +13.4%
MCD McDonald's Corp.	0.05%	1,054	$320K	Add +14.9%
PNC PNC Financial Services Group	0.05%	1,593	$320K	Add +26.2%
CEF Sprott Physical Gold and Sil	0.05%	8,645	$317K	No change
TRV The Travelers Cos Inc.	0.05%	1,129	$315K	Add +3.5%
GLD SPDR Gold Shares	0.05%	872	$310K	Add +6.0%
APO Apollo Global Management Inc.	0.05%	2,259	$301K	Reduce -0.9%
EFV iShares MSCI Eafe Value ETF	0.05%	4,358	$296K	No change
INCY Incyte Corp.	0.05%	3,390	$288K	New
UL Unilever PLC	0.05%	4,847	$287K	Reduce -4.9%
BKNG Booking Holdings Inc.	0.05%	53	$286K	No change
AGI Alamos Gold Inc. Class A	0.05%	8,183	$285K	Add +0.1%
FDX FedEx Corp.	0.05%	1,201	$283K	New
VRSN Verisign Inc.	0.05%	1,013	$283K	Add +10.8%
QQQ Invesco QQQ Trust Series 1	0.05%	452	$271K	No change
DASH DoorDash Inc. Class A	0.05%	992	$270K	Add +10.6%
SPG Simon Property Group Inc.	0.05%	1,424	$267K	New
RTX RTX Corp.	0.04%	1,573	$263K	Add +0.7%
SAH Sonic Automotive Inc. Class A	0.04%	3,451	$263K	Add +0.1%
ABT Abbott Laboratories	0.04%	1,943	$260K	New
EXPE Expedia Group Inc.	0.04%	1,212	$259K	New
IWV iShares Russell 3000 ETF	0.04%	668	$253K	No change
IBIT iShares Bitcoin Trust ETF	0.04%	3,857	$251K	Reduce -68.8%
CB Chubb Ltd.	0.04%	879	$248K	New
NFLX Netflix Inc.	0.04%	197	$236K	Add +1.0%
SSO Proshares Ultra S&P500	0.04%	2,083	$234K	No change
NOC Northrop Grumman Corp.	0.04%	372	$227K	New
GNTX Gentex Corp.	0.04%	7,993	$226K	New
FIX Comfort Systems USA Inc.	0.04%	273	$225K	New
SNOW Snowflake Inc.	0.04%	998	$225K	Reduce -14.3%
MA Mastercard Inc. Class A	0.04%	395	$225K	New
PM Philip Morris International	0.04%	1,358	$220K	Reduce -10.3%
PCG P G & E Corp.	0.04%	14,583	$220K	New
VEEV Veeva Systems Inc. Class A	0.04%	725	$216K	New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.04%	764	$216K	New
DHR Danaher Corp.	0.04%	1,081	$214K	New
CHKP Check Point Software Tech	0.04%	1,019	$211K	Reduce -12.8%
ARTY iShares Future AI & Tech ETF	0.04%	4,569	$209K	New
REGN Regeneron Pharmaceuticals	0.04%	369	$207K	New
TPR Tapestry Inc.	0.04%	1,830	$207K	New
DAL Delta Air Lines Inc.	0.03%	3,604	$205K	New
XSOE Wisdmtree Emerg MKT Ex-St Ow	0.03%	5,371	$204K	New
TSM Taiwan Semiconductor-SP ADR	0.03%	729	$204K	New
AZO AutoZone Inc.	0.03%	47	$202K	New
SN Sharkninja Inc.	0.03%	1,952	$201K	Reduce -14.9%
HOOD Robinhood Markets Inc. Class A	0.03%	1,400	$200K	New
DMRC Digimarc Corp.	0.03%	19,202	$188K	Add +1.4%
RQI Cohen & Steers Qual Inc. RLTY	0.03%	14,211	$177K	New
SKIN Skinhealth Systems Inc. filed as THE BEAUTY HEALTH COMPANY	0.03%	74,823	$149K	No change
ADT Adt Inc.	0.02%	14,065	$123K	New

Other holdings (1): bonds, preferreds, convertibles and warrants · $5.0M (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	4,019	$5.0M	Reduce -30.7%

Total filed on the 13F, all lines: $591.6M.

Portfolio Sells Q2 2025 → Q3 2025


DFAC Dimensional US Core Equity 2	Reduce -60.7%	0.85%	−1.80
AL Sumisho Air Lease Corp.	Sold out	0.00%	−1.63
CHX Championx Corp.	Sold out	0.00%	−1.46
SPYM Ste STR SPDR PT S&P 500 ETF	Reduce -5.2%	4.75%	−1.35
KCCA Kraneshares California Carbo	Reduce -18.1%	2.57%	−1.18
IWR iShares Russell Mid-Cap ETF	Reduce -48.9%	0.52%	−0.75
SPEM State Street SP PTF Em ETF	Reduce -1.0%	3.47%	−0.73
FICO Fair Isaac Corp.	Reduce -0.3%	1.08%	−0.66
V Visa Inc. Class A	Reduce -1.1%	1.49%	−0.57
AMCR Amcor PLC	Reduce -4.9%	1.02%	−0.56
DGRO iShares Core Dividend Growth	Reduce -3.8%	1.85%	−0.52
NICE Nice Ltd. - Spon ADR	Reduce -5.6%	0.70%	−0.44
MRVL Marvell Technology Inc.	Reduce -5.7%	1.53%	−0.43
COST Costco Wholesale Corp.	Reduce -2.0%	1.00%	−0.43
ARW Arrow Electronics Inc.	Reduce -2.8%	1.00%	−0.42
FLJP Franklin Ftse Japan ETF	Sold out	0.00%	−0.37
AVSC Avantis US Small Cap Equity	Sold out	0.00%	−0.35
FCNCA First Citizens Bcshs Class A	Reduce -1.0%	0.71%	−0.32
UAL United Airlines Holdings Inc.	Reduce -3.3%	2.62%	−0.32
TXT Textron Inc.	Reduce -4.8%	1.00%	−0.31
RHP Ryman Hospitality Properties	Reduce -3.4%	0.58%	−0.29
OSK Oshkosh Corp.	Reduce -3.8%	1.37%	−0.27
AAPL Apple Inc.	Reduce -0.8%	3.50%	−0.23
BAC Bank of America Corp.	Reduce -0.8%	0.96%	−0.20
UHAL.B U-Haul Holding Co.-Non Voting	Reduce -1.0%	0.44%	−0.18
VXUS Vanguard Total Intl Stock	Sold out	0.00%	−0.16
MGA Magna International Inc.	Reduce -5.3%	1.09%	−0.14
IBIT iShares Bitcoin Trust ETF	Reduce -68.8%	0.04%	−0.13
SAIC Science Applications Inte	Reduce -0.8%	0.25%	−0.13
MCK McKesson Corp.	Reduce -3.1%	0.42%	−0.12
SIMO Silicon Motion Technol-ADR	Reduce -1.9%	1.63%	−0.10
IEFA iShares Core MSCI Eafe ETF	Reduce -0.0%	0.35%	−0.09
GRSD Grandstand Ltd.	Reduce -2.8%	0.08%	−0.08
DOX Amdocs Ltd.	Sold out	0.00%	−0.06
AVUS Avantis U.S. Equity ETF	Reduce -6.1%	0.18%	−0.05
FIXD First Trust Smith Opportunis	Sold out	0.00%	−0.05
CTSH Cognizant Tech Solutions-A	Reduce -12.8%	0.07%	−0.05
DHI D.R. Horton Inc.	Reduce -3.4%	1.16%	−0.04
IBB iShares Biotechnology ETF	Reduce -5.5%	0.17%	−0.04
ADP Automatic Data Processing	Reduce -6.6%	0.06%	−0.03
SBUX Starbucks Corp.	Reduce -2.5%	0.07%	−0.03
INGR Ingredion Inc.	Reduce -4.5%	0.06%	−0.03
KKR KKR & Co. Inc.	Reduce -0.2%	0.08%	−0.03
NVS Novartis AG-Sponsored ADR	Reduce -3.4%	0.09%	−0.03
PM Philip Morris International	Reduce -10.3%	0.04%	−0.02
LMT Lockheed Martin Corp.	Reduce -13.0%	0.06%	−0.02
UHAL U-Haul Holding Co.	Reduce -1.1%	0.06%	−0.02
CHKP Check Point Software Tech	Reduce -12.8%	0.04%	−0.02
APO Apollo Global Management Inc.	Reduce -0.9%	0.05%	−0.02
UL Unilever PLC	Reduce -4.9%	0.05%	−0.02

Portfolio Buys Q2 2025 → Q3 2025


USFR Wisdomtree Floating Rate Tre	Add +821.2%	11.89%	+10.20
CNC Centene Corp.	New	1.69%	+1.69
IT Gartner Inc.	New	1.32%	+1.32
CPAY Corpay Inc.	New	1.11%	+1.11
NSP Insperity Inc.	Add +1098.3%	1.28%	+1.11
IGIB iShares 5-10Y Inv Grade Corp.	Add +1525.5%	0.81%	+0.75
MGK Vngrd Mrgstr MG CP GR ETF-Ui	Add +163.5%	1.23%	+0.67
NAVI Navient Corp.	New	0.36%	+0.36
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +579.8%	0.43%	+0.35
SNDK Sandisk Corp.	Add +0.7%	0.74%	+0.35
JQUA JPMorgan US Quality Factor	Add +37.1%	2.49%	+0.21
SPSM SS SPDR P S&P 600 Small Cap	Add +43.2%	0.71%	+0.11
NEM Newmont Corp.	Add +5.1%	0.52%	+0.07
IUSG iShares Core S&P U.S. Growth	Add +30.4%	0.83%	+0.07
MRK Merck & Co. Inc.	New	0.06%	+0.06
VOO Vanguard S&P 500 ETF	Add +72.2%	0.20%	+0.06
INTC Intel Corp.	New	0.06%	+0.06
INCY Incyte Corp.	New	0.05%	+0.05
FDX FedEx Corp.	New	0.05%	+0.05
SPG Simon Property Group Inc.	New	0.05%	+0.05
ABT Abbott Laboratories	New	0.04%	+0.04
EXPE Expedia Group Inc.	New	0.04%	+0.04
CB Chubb Ltd.	New	0.04%	+0.04
GNTX Gentex Corp.	New	0.04%	+0.04
NOC Northrop Grumman Corp.	New	0.04%	+0.04
FIX Comfort Systems USA Inc.	New	0.04%	+0.04
MA Mastercard Inc. Class A	New	0.04%	+0.04
SPDW Ste STR SPDR PT DW Eu ETF	Add +25.2%	5.55%	+0.04
PCG P G & E Corp.	New	0.04%	+0.04
QUAL iShares MSCI USA Quality Fac	Add +121.2%	0.08%	+0.04
VEEV Veeva Systems Inc. Class A	New	0.04%	+0.04
IBM Intl Business Machines Corp.	New	0.04%	+0.04
DHR Danaher Corp.	New	0.04%	+0.04
ARTY iShares Future AI & Tech ETF	New	0.04%	+0.04
REGN Regeneron Pharmaceuticals	New	0.04%	+0.04
GOOG Alphabet Inc. Class C	Add +5.1%	0.39%	+0.04
TPR Tapestry Inc.	New	0.04%	+0.04
DAL Delta Air Lines Inc.	New	0.03%	+0.03
TSM Taiwan Semiconductor-SP ADR	New	0.03%	+0.03
XSOE Wisdmtree Emerg MKT Ex-St Ow	New	0.03%	+0.03
AZO AutoZone Inc.	New	0.03%	+0.03
HOOD Robinhood Markets Inc. Class A	New	0.03%	+0.03
WMT Walmart Inc.	Add +72.8%	0.12%	+0.03
PG The Procter & Gamble Co.	Add +110.2%	0.09%	+0.03
RQI Cohen & Steers Qual Inc. RLTY	New	0.03%	+0.03
ABBV Abbvie Inc.	Add +30.9%	0.14%	+0.03
PLTR Palantir Technologies Inc. Class A	Add +57.0%	0.07%	+0.03
TSLA Tesla Inc.	Add +7.6%	0.18%	+0.02
ORCL Oracle Corp.	Add +39.4%	0.09%	+0.02
ROST Ross Stores Inc.	Add +43.4%	0.09%	+0.02

Notes & Other Activity Q2 2025 → Q3 2025


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Reduce -30.7%	4,019	$5.0M

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026Amended	301	$756.5M	USFR, MTBA, SPDW, SIMO, SPYM
Q1 2026	260	$737.9M	SGOV, USFR, MTBA, SPDW, SPYM
Q4 2025	218	$616.0M	USFR, MTBA, SPDW, SPYM, AAPL
Q3 2025	174	$586.7M	USFR, SPDW, MTBA, SPYM, AAPL
Q2 2025	151	$446.6M	MTBA, SPYM, SPDW, SPEM, KCCA
Q1 2025Amended	124	$383.2M	MTBA, SPYM, SPDW, AAPL, SPEM
Q4 2024	116	$425.5M	MTBA, SPYM, SPDW, AAPL, SPEM
Q3 2024	117	$440.3M	MTBA, SPYM, SPDW, AAPL, SPEM
Q2 2024Amended	110	$398.5M	SPYM, SPDW, MTBA, AAPL, CLS
Q1 2024	118	$348.7M	KCCA, SPYM, SPDW, AAPL, SPEM