Kovack Advisors, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Kovack Advisors, Inc. reported 609 stock positions worth $1.1 billion. Its top holding was Nvidia (NVDA) at 5.8% of the portfolio, followed by Apple (AAPL, 3.7%) and Invesco S&P 500 Momentum ETF (SPMO, 2.7%). Compared with Q2 2025, it opened 45 new positions, sold out of 53, added to 212 and reduced 314. The biggest buy was a new position in Invesco S&P International DE (IDMO) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −42%).
- Most Recent 13F
- Q2 2026
- Location
- FT. LAUDERDALE, FL
- CIK
- 0001728321
- Portfolio Value
- $1.1B (Q3 2025)
- SEC Filing
- 0001728321-25-000005 ↗ filed Nov 10, 2025
Holdings Value
Holdings 609 stocks · $1.1B
| NVDA Nvidia Corp. | 5.76% | 327,576 | $61.1M | Reduce -4.2% |
| AAPL Apple Inc. | 3.74% | 155,892 | $39.7M | Reduce -10.0% |
| SPMO Invesco S&P 500 Momentum ETF | 2.71% | 237,819 | $28.8M | Add +95.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.56% | 40,754 | $27.1M | Reduce -4.1% |
| MSFT Microsoft Corp. | 2.52% | 51,584 | $26.7M | Reduce -9.8% |
| AMZN Amazon.com Inc. | 2.51% | 121,159 | $26.6M | Reduce -9.7% |
| IVV iShares Core S&P 500 ETF | 2.40% | 38,029 | $25.5M | Reduce -42.4% |
| QQQ Invesco QQQ Trust Series 1 | 2.36% | 41,700 | $25.0M | Add +26.0% |
| VOO Vanguard S&P 500 ETF | 2.01% | 34,852 | $21.3M | Reduce -3.5% |
| SCHG Schwab US Large-Cap Growth | 1.54% | 512,098 | $16.3M | Add +14.2% |
| GOOGL Alphabet Inc. Class A | 1.52% | 66,521 | $16.2M | Reduce -12.2% |
| IDMO Invesco S&P International DE | 1.44% | 283,589 | $15.3M | New |
| AVGO Broadcom Inc. | 1.24% | 39,912 | $13.2M | Add +1.3% |
| VST Vistra Corp. | 1.19% | 64,629 | $12.7M | Reduce -7.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.13% | 23,801 | $12.0M | Reduce -6.4% |
| TSLA Tesla Inc. | 1.05% | 24,996 | $11.1M | Add +3.6% |
| PANW Palo Alto Networks Inc. | 0.98% | 51,045 | $10.4M | Add +2.1% |
| IBOC International Bancshares CRP | 0.88% | 136,139 | $9.4M | No change |
| JPM JPMorgan Chase & Co. | 0.82% | 27,490 | $8.7M | Reduce -8.6% |
| FDVV Fidelity High Dividend ETF | 0.80% | 153,166 | $8.5M | Add +107.7% |
| META Meta Platforms Inc. Class A | 0.79% | 11,429 | $8.4M | Reduce -7.1% |
| URI United Rentals Inc. | 0.77% | 8,552 | $8.2M | Reduce -11.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.76% | 24,723 | $8.1M | Reduce -12.2% |
| HYGH iShares Int Rate Hedg HY ETF | 0.76% | 92,924 | $8.1M | Add +7.0% |
| XMMO Invesco S&P Midcap Momentum | 0.74% | 58,456 | $7.9M | Add +100.3% |
| RDVY First Trust Rising Dividend | 0.72% | 112,999 | $7.6M | Add +0.6% |
| PLTR Palantir Technologies Inc. Class A | 0.71% | 41,507 | $7.6M | Reduce -3.7% |
| VRT Vertiv Holdings Co. Class A | 0.70% | 49,491 | $7.5M | Reduce -10.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.69% | 39,136 | $7.3M | Reduce -1.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.68% | 15,160 | $7.3M | Reduce -2.3% |
| GOOG Alphabet Inc. Class C | 0.68% | 29,725 | $7.2M | Reduce -24.2% |
| JAZZ Jazz Pharmaceuticals PLC | 0.67% | 54,233 | $7.1M | Reduce -4.0% |
| UNH Unitedhealth Group Inc. | 0.67% | 20,632 | $7.1M | Reduce -10.8% |
| XLK SS Technology Select Sector | 0.64% | 24,258 | $6.8M | Reduce -6.1% |
| CVX Chevron Corp. | 0.64% | 43,605 | $6.8M | Reduce -30.7% |
| ADTN Adtran Holdings Inc. | 0.63% | 707,900 | $6.6M | Reduce -0.9% |
| AGG iShares Core U.S. Aggregate | 0.58% | 61,456 | $6.2M | Add +6.4% |
| RTX RTX Corp. | 0.56% | 35,694 | $6.0M | Reduce -5.4% |
| HD Home Depot Inc. | 0.53% | 13,786 | $5.6M | Reduce -0.8% |
| PSLV Sprott Physical Silver Trust | 0.51% | 342,525 | $5.4M | Add +13.7% |
| GS Goldman Sachs Group Inc. | 0.48% | 6,416 | $5.1M | Add +0.1% |
| FVD First Trust Value Line DVD | 0.48% | 109,796 | $5.1M | Add +10.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.47% | 10,724 | $5.0M | Reduce -6.9% |
| JNJ Johnson & Johnson | 0.45% | 25,667 | $4.8M | Reduce -16.4% |
| NOBL Proshares S&P 500 Dividend A | 0.44% | 45,710 | $4.7M | Add +0.0% |
| VIG Vanguard Dividend Apprec ETF | 0.43% | 21,152 | $4.6M | Add +1.9% |
| PWR Quanta Services Inc. | 0.43% | 10,997 | $4.6M | Add +3.2% |
| TER Teradyne Inc. | 0.42% | 32,623 | $4.5M | Add +63.5% |
| GLD SPDR Gold Shares | 0.39% | 11,662 | $4.1M | Add +7.8% |
| FTSL First Trust Senior Loan ETF | 0.39% | 89,368 | $4.1M | Reduce -2.8% |
| XOM Exxon Mobil Corp. | 0.37% | 35,023 | $3.9M | Reduce -9.1% |
| NOW ServiceNow Inc. | 0.36% | 4,205 | $3.9M | Reduce -0.6% |
| WMT Walmart Inc. | 0.35% | 36,344 | $3.7M | Reduce -4.6% |
| VRIG Invesco Variable Rate Invest | 0.35% | 148,749 | $3.7M | Reduce -3.0% |
| XLF SS Financial Select Sector | 0.34% | 67,378 | $3.6M | Add +3.4% |
| UIS Unisys Corp. | 0.34% | 919,375 | $3.6M | Add +12.3% |
| AMD Advanced Micro Devices | 0.34% | 21,987 | $3.6M | Reduce -10.5% |
| FLTR Vaneck Ig Floating Rate ETF | 0.33% | 138,092 | $3.5M | Reduce -2.9% |
| ORCL Oracle Corp. | 0.31% | 11,726 | $3.3M | Add +3.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.30% | 11,486 | $3.2M | Reduce -6.3% |
| NFLX Netflix Inc. | 0.30% | 2,629 | $3.2M | Reduce -7.5% |
| VEA Vanguard Ftse Developed ETF | 0.30% | 52,485 | $3.1M | Add +4.4% |
| FSK FS KKR Capital Corp. | 0.29% | 206,804 | $3.1M | Add +87.7% |
| XYZ Block Inc. | 0.29% | 42,224 | $3.1M | Reduce -9.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.28% | 10,614 | $3.0M | Add +11.6% |
| LLY Eli Lilly & Co. | 0.28% | 3,883 | $3.0M | Reduce -1.9% |
| CRM Salesforce Inc. | 0.28% | 12,364 | $2.9M | Add +1.7% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.27% | 86,192 | $2.9M | Reduce -25.7% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.27% | 68,283 | $2.9M | Add +135.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.27% | 5,807 | $2.8M | Reduce -7.7% |
| T AT&T Inc. | 0.26% | 98,555 | $2.8M | Reduce -18.9% |
| ABBV Abbvie Inc. | 0.26% | 11,981 | $2.8M | Reduce -21.2% |
| XLE SS Energy Select Sector | 0.26% | 30,999 | $2.8M | Reduce -16.5% |
| IWB iShares Russell 1000 ETF | 0.26% | 7,487 | $2.7M | Reduce -4.5% |
| ANET Arista Networks Inc. | 0.26% | 18,666 | $2.7M | Add +48.8% |
| GE General Electric filed as GE AEROSPACE | 0.25% | 8,882 | $2.7M | Reduce -2.3% |
| FANG Diamondback Energy Inc. | 0.25% | 18,449 | $2.6M | Add +59.0% |
| IQV Iqvia Holdings Inc. | 0.25% | 13,871 | $2.6M | Reduce -6.2% |
| VGSH Vanguard Short-Term Treasury | 0.24% | 44,053 | $2.6M | Reduce -7.5% |
| EDOW First Trust Dow 30 Eql WGHT | 0.24% | 64,810 | $2.6M | Add +23.2% |
| COST Costco Wholesale Corp. | 0.24% | 2,777 | $2.6M | Reduce -4.7% |
| JEPI JPMorgan Equity Premium Inco | 0.24% | 44,038 | $2.5M | Reduce -7.8% |
| VYM Vanguard High DVD Yield ETF | 0.24% | 17,742 | $2.5M | Reduce -2.0% |
| XLV SS Health Care Select Sector | 0.23% | 17,787 | $2.5M | Reduce -5.7% |
| VGT Vanguard Info Tech ETF | 0.23% | 3,293 | $2.5M | Reduce -2.8% |
| IYF iShares US Financials ETF | 0.23% | 19,354 | $2.5M | Reduce -1.9% |
| SOFI Sofi Technologies Inc. | 0.22% | 89,677 | $2.4M | Add +4.1% |
| VIAV Viavi Solutions Inc. | 0.22% | 185,400 | $2.4M | Reduce -3.0% |
| ISRG Intuitive Surgical Inc. | 0.22% | 5,211 | $2.3M | Add +382.1% |
| GEV GE Vernova Inc. | 0.22% | 3,748 | $2.3M | Add +9.1% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.21% | 5,617 | $2.3M | Add +0.5% |
| AGNC AGNC Investment Corp. | 0.21% | 226,421 | $2.2M | Reduce -1.7% |
| OSPN Onespan Inc. | 0.20% | 136,825 | $2.2M | Add +8.4% |
| INTC Intel Corp. | 0.20% | 64,300 | $2.2M | Reduce -23.0% |
| SLV iShares Silver Trust | 0.20% | 50,692 | $2.1M | Add +61.6% |
| GDX Vaneck Gold Miners ETF | 0.20% | 27,905 | $2.1M | Add +6.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 18,600 | $2.1M | Reduce -15.4% |
| PFE Pfizer Inc. | 0.19% | 79,907 | $2.0M | Reduce -4.5% |
| CAT Caterpillar Inc. | 0.19% | 4,212 | $2.0M | Reduce -7.6% |
| JPIE JPMorgan Income ETF | 0.19% | 43,078 | $2.0M | Add +25.9% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $311K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 252 | $311K | Reduce -13.4% |
| LTRYW Sports Entertainment-CW21 | *W EXP 10/15/202 | 10,000 | $145 | New |
Total filed on the 13F, all lines: $1.1B.
Portfolio Sells Q2 2025 → Q3 2025
| IVV iShares Core S&P 500 ETF | Reduce -42.4% | 2.40% | −1.62 |
| HEFA Isha Curr Hedged MSCI Eafe | Sold out | 0.00% | −0.83 |
| AUSF Global X Adaptive US Factor | Sold out | 0.00% | −0.79 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -87.1% | 0.09% | −0.61 |
| EFA iShares MSCI Eafe ETF | Reduce -94.4% | 0.03% | −0.45 |
| AMZN Amazon.com Inc. | Reduce -9.7% | 2.51% | −0.38 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -91.8% | 0.03% | −0.35 |
| MSFT Microsoft Corp. | Reduce -9.8% | 2.52% | −0.27 |
| CVX Chevron Corp. | Reduce -30.7% | 0.64% | −0.25 |
| AXON Axon Enterprise Inc. | Reduce -40.0% | 0.17% | −0.17 |
| MELI MercadoLibre Inc. | Reduce -40.1% | 0.15% | −0.14 |
| VST Vistra Corp. | Reduce -7.6% | 1.19% | −0.14 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.13 |
| RWL Invesco S&P 500 Revenue ETF | Reduce -74.6% | 0.04% | −0.13 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Reduce -85.5% | 0.02% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -7.1% | 0.79% | −0.10 |
| BUFQ FT VST Lad NSDQ Buf ETF-Usdi | Reduce -39.6% | 0.14% | −0.09 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -25.7% | 0.27% | −0.09 |
| ENB Enbridge Inc. | Reduce -45.2% | 0.12% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -6.4% | 1.13% | −0.08 |
| T AT&T Inc. | Reduce -18.9% | 0.26% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -27.3% | 0.17% | −0.08 |
| NFLX Netflix Inc. | Reduce -7.5% | 0.30% | −0.08 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -12.2% | 0.76% | −0.07 |
| WHR Whirlpool Corp. | Sold out | 0.00% | −0.07 |
| DIS The Walt Disney Co. | Reduce -15.4% | 0.20% | −0.07 |
| SMH Vaneck Semiconductor ETF | Reduce -55.9% | 0.06% | −0.06 |
| NOW ServiceNow Inc. | Reduce -0.6% | 0.36% | −0.06 |
| FISV Fiserv Inc. | Reduce -0.2% | 0.14% | −0.06 |
| CSQ Calamos Strat TTL RTRN FND | Sold out | 0.00% | −0.06 |
| XIGDX Voya GLBL Eqty DVD & PRM Opp | Reduce -67.1% | 0.03% | −0.05 |
| TIP iShares Tips Bond ETF | Reduce -50.9% | 0.05% | −0.05 |
| MCD McDonald's Corp. | Reduce -23.1% | 0.18% | −0.05 |
| EOS Eaton Vance Enh Eqt Inc. II | Sold out | 0.00% | −0.05 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.05 |
| XLE SS Energy Select Sector | Reduce -16.5% | 0.26% | −0.05 |
| RIV Rivernorth Opportunities | Sold out | 0.00% | −0.05 |
| KO The Coca-Cola Co. | Reduce -16.6% | 0.14% | −0.05 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -7.7% | 0.27% | −0.05 |
| JFR Nuveen Floating Rate Income | Reduce -60.1% | 0.03% | −0.05 |
| ETW Eaton Vance T/M GLBL Buy-WR | Sold out | 0.00% | −0.05 |
| CTVA Corteva Inc. | Sold out | 0.00% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -4.7% | 0.24% | −0.04 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Sold out | 0.00% | −0.04 |
| PEP Pepsico Inc. | Reduce -24.7% | 0.13% | −0.04 |
| BOND PIMCO Active Bond Exchange-T | Sold out | 0.00% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -8.6% | 0.82% | −0.04 |
| OKE Oneok Inc. | Reduce -12.1% | 0.11% | −0.04 |
| PDI PIMCO Dynamic Income Fund | Reduce -45.6% | 0.04% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -10.8% | 0.67% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| IDMO Invesco S&P International DE | New | 1.44% | +1.44 |
| SPMO Invesco S&P 500 Momentum ETF | Add +95.7% | 2.71% | +1.37 |
| QQQ Invesco QQQ Trust Series 1 | Add +26.0% | 2.36% | +0.57 |
| FDVV Fidelity High Dividend ETF | Add +107.7% | 0.80% | +0.43 |
| XMMO Invesco S&P Midcap Momentum | Add +100.3% | 0.74% | +0.38 |
| TSLA Tesla Inc. | Add +3.6% | 1.05% | +0.30 |
| SCHG Schwab US Large-Cap Growth | Add +14.2% | 1.54% | +0.25 |
| TER Teradyne Inc. | Add +63.5% | 0.42% | +0.25 |
| AVGO Broadcom Inc. | Add +1.3% | 1.24% | +0.17 |
| ISRG Intuitive Surgical Inc. | Add +382.1% | 0.22% | +0.16 |
| CGDV Cap Group Dividend Value | Add +135.6% | 0.27% | +0.16 |
| PSLV Sprott Physical Silver Trust | Add +13.7% | 0.51% | +0.14 |
| ANET Arista Networks Inc. | Add +48.8% | 0.26% | +0.13 |
| SGOV iShares 0-3 Month Treasury B | Add +528.4% | 0.14% | +0.12 |
| DJUL FT Vest US Equity Deep Buffe | New | 0.11% | +0.11 |
| SLV iShares Silver Trust | Add +61.6% | 0.20% | +0.10 |
| DAUG FT Vest U.S. Equity Deep Buf | New | 0.10% | +0.10 |
| GSEP FT Vest US Equity Moderate B | New | 0.09% | +0.09 |
| FANG Diamondback Energy Inc. | Add +59.0% | 0.25% | +0.09 |
| TRMB Trimble Inc. | New | 0.09% | +0.09 |
| DSEP FT Vest U.S. Equity Deep Buf | New | 0.08% | +0.08 |
| SHOP Shopify Inc. Class A | Add +34.0% | 0.18% | +0.07 |
| SOFI Sofi Technologies Inc. | Add +4.1% | 0.22% | +0.07 |
| GDX Vaneck Gold Miners ETF | Add +6.7% | 0.20% | +0.07 |
| GLD SPDR Gold Shares | Add +7.8% | 0.39% | +0.07 |
| ORCL Oracle Corp. | Add +3.1% | 0.31% | +0.07 |
| FSK FS KKR Capital Corp. | Add +87.7% | 0.29% | +0.07 |
| XJQCX Nuveen Credit Strategies Inc. | Add +240.1% | 0.10% | +0.07 |
| JBTM JBT Marel Corp. | New | 0.06% | +0.06 |
| QQQI Neos Nasdaq-100 High Inc. ETF | New | 0.06% | +0.06 |
| BSJP Invesco Bulletshares 2025 HY | New | 0.06% | +0.06 |
| STRL Sterling Infrastructure Inc. | Add +17.8% | 0.13% | +0.05 |
| CRNC Cerence Inc. | Add +23.0% | 0.16% | +0.05 |
| BA The Boeing Co. | Add +47.5% | 0.15% | +0.05 |
| RBC RBC Bearings Inc. | New | 0.05% | +0.05 |
| SH Proshares Short S&P500 | Add +113.2% | 0.10% | +0.05 |
| EDOW First Trust Dow 30 Eql WGHT | Add +23.2% | 0.24% | +0.05 |
| SYM Symbotic Inc. | New | 0.05% | +0.05 |
| CGGR Cap Group Growth Equity | Add +32.3% | 0.17% | +0.04 |
| FVD First Trust Value Line DVD | Add +10.0% | 0.48% | +0.04 |
| ORLY O'reilly Automotive Inc. | New | 0.04% | +0.04 |
| RGTI Rigetti Computing Inc. | New | 0.04% | +0.04 |
| GEV GE Vernova Inc. | Add +9.1% | 0.22% | +0.04 |
| FTCB FT Core Investment Grade ETF | New | 0.04% | +0.04 |
| PSQ Proshares Short QQQ | New | 0.04% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +0.1% | 0.48% | +0.04 |
| HFSI Hartfor Strateg Income ETF-U | New | 0.04% | +0.04 |
| GNL Global Net Lease Inc. | Add +19.4% | 0.18% | +0.03 |
| GRAB Grab Holdings Ltd. Class A | New | 0.03% | +0.03 |
| PWR Quanta Services Inc. | Add +3.2% | 0.43% | +0.03 |
Notes & Other Activity Q2 2025 → Q3 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -13.4% | 252 | $311K |
| LTRYW Sports Entertainment-CW21 | *W EXP 10/15/202 | New | 10,000 | $145 |
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 | 1,066 | $2.1B | NVDA, AAPL, IVV, AMZN, SPY |
| Q1 2026 | 1,007 | $1.9B | NVDA, AAPL, IVV, AMZN, SPY |
| Q4 2025Amended | 1,001 | $2.1B | NVDA, AAPL, AMZN, IVV, MSFT |
| Q3 2025 | 609 | $1.1B | NVDA, AAPL, SPMO, SPY, MSFT |
| Q2 2025 | 617 | $1.0B | NVDA, IVV, AAPL, AMZN, MSFT |
| Q1 2025 | 576 | $944.3M | IVV, AAPL, NVDA, AMZN, SPY |
| Q4 2024 | 609 | $1.0B | IVV, NVDA, AAPL, AMZN, MSFT |
| Q3 2024 | 584 | $943.9M | IVV, NVDA, AAPL, AMZN, MSFT |
| Q2 2024 | 572 | $908.7M | IVV, NVDA, AAPL, MSFT, AMZN |
| Q1 2024 | 472 | $825.9M | IVV, AAPL, NVDA, AMZN, QQQ |