L & S Advisors Inc
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), L & S Advisors Inc reported 205 stock positions worth $888.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 3.9% of the portfolio, followed by Nvidia (NVDA, 3.0%) and Apple (AAPL, 2.8%). Compared with Q1 2025, it opened 28 new positions, sold out of 33, added to 98 and reduced 63. The biggest buy was a new position in iShares Semiconductor ETF (SOXX) and the biggest sale SPDR Gold Shares (GLD, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- Los Angeles, CA
- CIK
- 0001392364
- Portfolio Value
- $888.8M (Q2 2025)
- SEC Filing
- 0001104659-25-075593 ↗ filed Aug 8, 2025
Holdings Value
Holdings 205 stocks · $888.8M
| SPY SS SPDR S&P 500 ETF Trust-US | 3.94% | 56,656 | $35.0M | Add +92.2% |
| NVDA Nvidia Corp. | 3.01% | 169,370 | $26.8M | Add +5.2% |
| AAPL Apple Inc. | 2.79% | 120,848 | $24.8M | Add +9.6% |
| SOXX iShares Semiconductor ETF | 2.66% | 99,199 | $23.7M | New |
| MSFT Microsoft Corp. | 2.64% | 47,230 | $23.5M | Add +17.5% |
| QQQ Invesco QQQ Trust Series 1 | 2.62% | 42,229 | $23.3M | Add +2410.6% |
| IGV iShares Expanded Tech-Softwa | 2.60% | 211,041 | $23.1M | Add +7605.0% |
| META Meta Platforms Inc. Class A | 2.52% | 30,359 | $22.4M | Add +18.1% |
| AMZN Amazon.com Inc. | 2.29% | 92,933 | $20.4M | Add +27.0% |
| SRLN SS Blackstone Sr Loan ETF | 1.92% | 410,860 | $17.1M | Reduce -34.7% |
| AVGO Broadcom Inc. | 1.77% | 57,172 | $15.8M | Add +15.6% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.54% | 31,011 | $13.7M | Reduce -3.5% |
| JPM JPMorgan Chase & Co. | 1.52% | 46,609 | $13.5M | Add +33.2% |
| PANW Palo Alto Networks Inc. | 1.50% | 65,168 | $13.3M | Reduce -1.3% |
| LLY Eli Lilly & Co. | 1.50% | 17,101 | $13.3M | Add +6.4% |
| GS Goldman Sachs Group Inc. | 1.47% | 18,398 | $13.0M | Add +42.9% |
| DLR Digital Realty Trust Inc. | 1.27% | 64,885 | $11.3M | Add +258.1% |
| ETN Eaton Corp. PLC | 1.25% | 31,202 | $11.1M | Add +27.0% |
| ORCL Oracle Corp. | 1.25% | 50,614 | $11.1M | Add +172.2% |
| C Citigroup Inc. | 1.17% | 121,766 | $10.4M | Add +93.0% |
| GOOGL Alphabet Inc. Class A | 1.14% | 57,708 | $10.2M | Add +2.9% |
| VST Vistra Corp. | 1.13% | 51,846 | $10.0M | Reduce -4.3% |
| CME Cme Group Inc. | 1.13% | 36,323 | $10.0M | Add +158.4% |
| NFLX Netflix Inc. | 1.12% | 7,451 | $10.0M | Add +66.6% |
| NOW ServiceNow Inc. | 0.97% | 8,345 | $8.6M | Add +282.4% |
| TT Trane Technologies PLC | 0.95% | 19,371 | $8.5M | Add +115.8% |
| TSM Taiwan Semiconductor-SP ADR | 0.94% | 36,729 | $8.3M | Add +42.5% |
| STT State Street Corp. | 0.93% | 77,766 | $8.3M | Add +60.5% |
| WMB Williams Cos Inc. | 0.93% | 131,558 | $8.3M | Reduce -2.1% |
| ROK Rockwell Automation Inc. | 0.92% | 24,740 | $8.2M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.91% | 170,522 | $8.1M | Add +1480.2% |
| V Visa Inc. Class A | 0.89% | 22,250 | $7.9M | Add +2448.7% |
| JCI Johnson Controls Internation | 0.88% | 73,688 | $7.8M | Add +217.6% |
| BSX Boston Scientific Corp. | 0.87% | 72,090 | $7.7M | Add +13.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.87% | 84,936 | $7.7M | Add +65.8% |
| STX Seagate Technology Holdings | 0.84% | 52,025 | $7.5M | New |
| AMLP Alerian MLP ETF | 0.82% | 149,919 | $7.3M | Reduce -2.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.81% | 23,695 | $7.2M | Reduce -2.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.80% | 24,244 | $7.1M | Add +38.3% |
| COST Costco Wholesale Corp. | 0.80% | 7,176 | $7.1M | Add +24.0% |
| AXP American Express Co. | 0.79% | 22,112 | $7.1M | Add +106.9% |
| MOS The Mosaic Co. | 0.79% | 191,959 | $7.0M | New |
| LHX L3HARRIS Technologies Inc. | 0.76% | 27,036 | $6.8M | New |
| MMM 3M Co. | 0.76% | 44,112 | $6.7M | Add +52.5% |
| URI United Rentals Inc. | 0.75% | 8,869 | $6.7M | New |
| DOV Dover Corp. | 0.75% | 36,352 | $6.7M | Add +55.7% |
| GEV GE Vernova Inc. | 0.74% | 12,414 | $6.6M | Add +91.2% |
| LONZ PIMCO Senior Loan Active ETF | 0.73% | 127,215 | $6.5M | Reduce -53.1% |
| AGCO Agco Corp. | 0.73% | 62,520 | $6.4M | New |
| CMI Cummins Inc. | 0.72% | 19,505 | $6.4M | New |
| RTX RTX Corp. | 0.71% | 43,439 | $6.3M | New |
| DE Deere & Co. | 0.71% | 12,382 | $6.3M | New |
| CRWD CrowdStrike Holdings Inc. Class A | 0.70% | 12,199 | $6.2M | Add +18.2% |
| WMT Walmart Inc. | 0.69% | 62,884 | $6.1M | Add +23.6% |
| CEG Constellation Energy | 0.67% | 18,337 | $5.9M | Add +9.2% |
| PH Parker Hannifin Corp. | 0.64% | 8,187 | $5.7M | Reduce -29.7% |
| VRT Vertiv Holdings Co. Class A | 0.59% | 40,805 | $5.2M | Add +178.5% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.55% | 359,281 | $4.9M | New |
| TSLA Tesla Inc. | 0.53% | 14,797 | $4.7M | Add +0.3% |
| FTEXX Fidelity Muni MMKT | 0.52% | 4,611,078 | $4.6M | Add +0.5% |
| AVUS Avantis U.S. Equity ETF | 0.50% | 43,673 | $4.4M | Add +9.5% |
| ISRG Intuitive Surgical Inc. | 0.49% | 7,977 | $4.3M | Reduce -50.7% |
| NRG NRG Energy Inc. | 0.48% | 26,825 | $4.3M | Reduce -22.7% |
| INTU Intuit Inc. | 0.48% | 5,444 | $4.3M | Reduce -15.4% |
| BWXT BWX Technologies Inc. | 0.47% | 28,897 | $4.2M | Add +3.9% |
| BYDDY BYD Co. Ltd.-Unsponsored ADR | 0.46% | 43,597 | $4.1M | Add +657.8% |
| CCJ Cameco Corp. | 0.45% | 54,382 | $4.0M | New |
| KMI Kinder Morgan Inc. | 0.45% | 137,051 | $4.0M | Reduce -3.7% |
| T AT&T Inc. | 0.45% | 138,445 | $4.0M | Reduce -3.4% |
| SMNEY Siemens Energy AG-Unsp ADR | 0.45% | 34,409 | $4.0M | Reduce -2.8% |
| RYCEY Rolls-Royce Holdings-SP ADR | 0.43% | 288,058 | $3.9M | Add +16.4% |
| DUHP Dimensional US High Profi Et | 0.43% | 106,992 | $3.8M | Add +11.0% |
| HWM Howmet Aerospace Inc. | 0.43% | 20,364 | $3.8M | Reduce -22.1% |
| WDC Western Digital Corp. | 0.42% | 57,678 | $3.7M | New |
| KLAC KLA Corp. | 0.41% | 4,115 | $3.7M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.41% | 22,913 | $3.7M | Reduce -0.1% |
| ABBV Abbvie Inc. | 0.38% | 18,251 | $3.4M | Reduce -66.0% |
| EQT Eqt Corp. | 0.38% | 57,270 | $3.3M | Reduce -52.0% |
| SAFRY Safran SA-Unspon ADR | 0.37% | 40,366 | $3.3M | Add +15.6% |
| LNG Cheniere Energy Inc. | 0.37% | 13,396 | $3.3M | Reduce -43.9% |
| EADSY Airbus SE - Unsp ADR | 0.37% | 62,089 | $3.3M | Add +17.3% |
| WM Waste Management Inc. | 0.36% | 14,144 | $3.2M | Reduce -3.2% |
| CAT Caterpillar Inc. | 0.35% | 8,029 | $3.1M | Reduce -35.6% |
| CSCO Cisco Systems Inc. | 0.34% | 44,122 | $3.1M | Reduce -71.8% |
| IBN Icici Bank Ltd.-Spon ADR | 0.34% | 89,305 | $3.0M | Reduce -4.6% |
| NGG National Grid PLC-SP ADR | 0.33% | 39,579 | $2.9M | New |
| MLM Martin Marietta Materials | 0.33% | 5,266 | $2.9M | New |
| HD Home Depot Inc. | 0.32% | 7,706 | $2.8M | Reduce -2.2% |
| CB Chubb Ltd. | 0.32% | 9,743 | $2.8M | Add +42.6% |
| SYK Stryker Corp. | 0.32% | 7,096 | $2.8M | Reduce -4.4% |
| LB Landbridge Co. LLC-A | 0.32% | 41,485 | $2.8M | Reduce -9.2% |
| VRSK Verisk Analytics Inc. | 0.30% | 8,463 | $2.6M | New |
| SPOT Spotify Technology SA | 0.30% | 3,430 | $2.6M | Add +0.2% |
| BE Bloom Energy Corp. Class A | 0.29% | 108,039 | $2.6M | Add +1.4% |
| NULG Nuveen ESG LRG-Cap GRW ETF | 0.29% | 27,260 | $2.6M | Add +7.2% |
| JQUA JPMorgan US Quality Factor | 0.29% | 42,529 | $2.6M | Add +12.2% |
| ENVX Enovix Corp. | 0.29% | 245,028 | $2.5M | Add +27.6% |
| KTOS Kratos Defense & Security | 0.28% | 53,805 | $2.5M | Reduce -8.2% |
| ABT Abbott Laboratories | 0.28% | 18,091 | $2.5M | Reduce -73.8% |
| VOO Vanguard S&P 500 ETF | 0.28% | 4,327 | $2.5M | New |
Other holdings (134): bonds, preferreds, convertibles and warrants · $121.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| TREASURY BILL (B 0 07/22/25) | BIL · principal | 16,021,000 | $16.0M | New |
| US TREASURY N/B (T 2.875 11/30/25) | #N/A · principal | 5,334,000 | $5.3M | Reduce -0.7% |
| US TREASURY N/B (T 2.5 02/28/26) | FIXED · principal | 5,262,000 | $5.2M | No change |
| US TREASURY N/B (T 4.125 06/15/26) | NOT · principal | 4,428,000 | $4.4M | New |
| IIP OPERATING PARTNER | 5.500 05/25/26 '26 · principal | 3,318,000 | $3.2M | Add +1.0% |
| TREASURY BILL (B 0 07/24/25) | FIXED · principal | 3,000,000 | $3.0M | New |
| US TREASURY N/B (T 4 02/15/26) | FIXED · principal | 2,697,000 | $2.7M | No change |
| TREASURY BILL (B 0 10/02/25) | BIL · principal | 2,250,000 | $2.2M | No change |
| CITRIX SYSTEMS INC | FIXED · principal | 2,294,000 | $2.2M | Add +6.7% |
| PETROLEOS MEXICANOS | FIXED · principal | 2,041,000 | $2.1M | Add +2.6% |
| BLACKROCK TCP CAP | FIXED · principal | 1,930,000 | $2.0M | Reduce -2.7% |
| AMC ENTERTAINMENT | 6.125 05/15/27 '26 · principal | 1,988,000 | $1.8M | Add +5.3% |
| GLOBAL MARINE INC (GLBMRN 7 06/01/28) | FIXED · principal | 1,944,000 | $1.8M | Reduce -0.3% |
| PARK-OHIO INDUSTRIES INC | FIXED · principal | 1,803,000 | $1.7M | Add +3.3% |
| TITAN INTERNATIONAL INC | FIXED · principal | 1,645,000 | $1.6M | Add +2.2% |
| TREASURY BILL (B 0 07/03/25) | BIL · principal | 1,592,000 | $1.6M | New |
| MERCER INTL INC (MERC 5.125 02/01/29) | Corporate Bond - Domestic · principal | 1,823,000 | $1.5M | Add +3.4% |
| KEYCORP CAPITAL | FIXED · principal | 1,430,000 | $1.5M | Reduce -2.7% |
| PETROLEOS MEXICANOS | FIXED · principal | 1,460,000 | $1.4M | Reduce -4.9% |
| FS KKR CAPITAL CORP (FSK 7.875 01/15/29) | Fixed Income · principal | 1,312,000 | $1.4M | Reduce -1.0% |
| SASOL FINANCING USA LLC | FIXED · principal | 1,455,000 | $1.4M | Add +59.9% |
| TIAA FSB HOLDINGS INC | FIXED · principal | 1,325,000 | $1.3M | Reduce -3.3% |
| ICAHN ENTERPRISES/FIN (IEP 9.75 01/15/29) | Corporate Bond - Domestic · principal | 1,334,000 | $1.3M | Add +26.4% |
| ICAHN ENTERPRISES/FIN (IEP 5.25 05/15/27) | Corporate Bond - Domestic · principal | 1,330,000 | $1.3M | Reduce -4.3% |
| US TREASURY N/B (T 3.5 09/15/25) | FIX · principal | 1,250,000 | $1.2M | No change |
| US TREASURY N/B (T 0.75 03/31/26) | FIXED · principal | 1,261,000 | $1.2M | No change |
| CDK GLOBAL INC | FIXED · principal | 1,295,000 | $1.2M | Add +18.1% |
| VITAL ENERGY INC | FIXED · principal | 1,252,000 | $1.1M | Add +115.1% |
| TRANSOCEAN INC | FIXED · principal | 1,376,000 | $1.1M | Add +7.1% |
| US TREASURY N/B (T 2.75 08/31/25) | FIXED · principal | 1,030,000 | $1.0M | No change |
| GENESIS ENERGY LP/FIN (GEL 8.25 01/15/29) | Corporate Bond - Domestic · principal | 970,000 | $1.0M | Reduce -2.5% |
| NEWELL BRANDS INC (NWL 6.625 09/15/29) | FIXED · principal | 1,010,000 | $995K | New |
| HECLA MINING CO | FIXED · principal | 940,000 | $947K | No change |
| TEGNA INC (TGNA 5 09/15/29) | Corporate Bond - Domestic · principal | 990,000 | $944K | Reduce -2.9% |
| CARNIVAL CORP | FIXED · principal | 890,000 | $935K | Add +69.5% |
| US TREASURY N/B (T 1.875 06/30/26) | FIXED · principal | 850,000 | $832K | New |
| US TREASURY N/B (T 2.25 03/31/26) | FIXED · principal | 840,000 | $829K | Add +38.8% |
| PBF HOLDING CO LLC (PBFENE 6 02/15/28) | Corporate Bond - Domestic · principal | 861,000 | $819K | Add +169.1% |
| MGM GROWTH/MGM FINANCE | FIXED · principal | 808,000 | $806K | No change |
| US TREASURY N/B (T 0.375 12/31/25) | FIX · principal | 800,000 | $785K | No change |
| VALERO ENERGY CORP | FIXED · principal | 750,000 | $771K | No change |
| GOLDMAN SACKS BDC INC | FIXED · principal | 740,000 | $757K | New |
| NEW MOUNTAIN FINANCE COR | FIXED · principal | 735,000 | $742K | Add +8.9% |
| UNITED AIR 2020-1 B PTT | FIXED · principal | 728,566 | $727K | Reduce -3.5% |
| CLEVELAND-CLIFFS STEEL | FIXED · principal | 730,000 | $723K | Reduce -0.5% |
| US TREASURY N/B (T 1.625 02/15/26) | Bond · principal | 707,000 | $696K | No change |
| ASSERTIO HOLDINGS INC (ASRT 6.5 09/01/27) | NOTE 6.500% 9/0 · principal | 688,000 | $620K | Add +244.0% |
| KENNEDY-WILSON INC (KW 5 03/01/31) | 5.000 03/01/31 '26 · principal | 668,000 | $602K | Add +9.9% |
| HF SINCLAIR CORP | FIXED · principal | 590,000 | $597K | Add +9.3% |
| CONCENTRIX CORP | FIXED · principal | 575,000 | $585K | No change |
| CARNIVAL CORP | FIXED · principal | 546,000 | $560K | Reduce -11.4% |
| HAWAIIAN AIRLINES 13-1A | FIXED · principal | 566,678 | $554K | New |
| US TREASURY N/B (T 4 12/15/25) | #N/A · principal | 549,000 | $549K | No change |
| YAMANA GOLD INC | FIXED · principal | 545,000 | $542K | New |
| REGAL REXNORD CORPORATIONSER B | FIXED · principal | 538,000 | $541K | Add +30.3% |
| TARGA RESOURCES PARTNERS (TRGP 6.5 07/15/27) | FIXED · principal | 540,000 | $540K | Add +46.0% |
| ARROW ELECTRONICS INC | FIXED · principal | 500,000 | $516K | New |
| ALBEMARLE CORP | FIXED · principal | 517,000 | $515K | Add +4.0% |
| VERISIGN INC | FIXED · principal | 515,000 | $515K | Add +10.8% |
| CARYLE SECURED LENDING | FIXED · principal | 501,000 | $512K | New |
| BARCLAYS PLC | FIXED · principal | 500,000 | $502K | Add +11.1% |
| US TREASURY | FIXED · principal | 516,000 | $502K | No change |
| ELEVANCE HEALTH INC | FIXED · principal | 500,000 | $500K | Add +66.7% |
| AON CORP | FIXED · principal | 471,000 | $495K | New |
| MERCURY GENERAL CORP | FIXED · principal | 500,000 | $495K | Add +25.0% |
| FS KKR CAPITAL CORP | FIXED · principal | 499,000 | $494K | New |
| LLOYDS BANKING GROUP PLC | FIXED · principal | 485,000 | $485K | Add +26.0% |
| RADIAN GROUP INC (RDN 4.875 03/15/27) | FIXED · principal | 475,000 | $475K | No change |
| KINROSS GOLD CORP | #N/A · principal | 475,000 | $475K | No change |
| US TREASURY N/B (T 2.625 01/31/26) | NOT · principal | 477,000 | $473K | No change |
| US TREASURY N/B (T 0.5 02/28/26) | FIXED · principal | 475,000 | $464K | No change |
| PARAMOUNT GLOBAL | FIXED · principal | 475,000 | $462K | No change |
| US TREASURY N/B (T 4.75 07/31/25) | FIX · principal | 450,000 | $450K | No change |
| US TREASURY N/B (T 0.25 09/30/25) | FIX · principal | 450,000 | $445K | No change |
| BLACKROCK TCP CAP CORP | FIXED · principal | 450,000 | $442K | No change |
| OLD DOMIN ELECTRIC CORP | FIXED · principal | 431,639 | $435K | No change |
| MAIN STREET CAPITAL CORP | FIXED · principal | 420,000 | $429K | No change |
| DEVON OEI OPERATING LLC | FIXED · principal | 400,000 | $422K | No change |
| T-MOBILE USA INC (TMUS 5.375 04/15/27) | 5BGNFH9 · principal | 415,000 | $414K | New |
| AMER AIRLN 14-1 A PTT | FIXED · principal | 421,464 | $413K | Add +7.2% |
| BEAZER HOMES USA (BZH 7.25 10/15/29) | FIXED · principal | 405,000 | $406K | Add +80.0% |
| MERITAGE HOMES CORP (MTH 5.125 06/06/27) | FIXED · principal | 400,000 | $405K | No change |
| SEMPRA 5 4 26 DUE 08/01/26 | CORPORATE BONDS · principal | 400,000 | $404K | No change |
| AMERICAN NATIONAL GROUP | FIXED · principal | 400,000 | $402K | No change |
| BANK OF AMERICA CORP | FIXED · principal | 400,000 | $400K | No change |
| GLOBAL PAYMENTS INC | FIXED · principal | 400,000 | $400K | New |
| EPR PROPERTIES (EPR 4.5 06/01/27) | BCO · principal | 400,000 | $398K | Add +33.3% |
| JEFFERIES FIN GROUP | FIXED · principal | 400,000 | $398K | New |
| NOKIA OYJ | FIXED · principal | 400,000 | $397K | No change |
| OMEGA HLTHCARE INVESTORS (OHI 5.25 01/15/26) | COM · principal | 387,000 | $387K | New |
| CONCENTRIX CORP | FIXED · principal | 369,000 | $386K | Reduce -6.3% |
| US TREASURY N/B (T 2.375 04/30/26) | Fixed Income · principal | 383,000 | $378K | New |
| ARES CAPITAL CORP | FIXED · principal | 365,000 | $377K | Add +35.2% |
| HCA INC (HCA 4.5 02/15/27) | FIXED · principal | 375,000 | $375K | No change |
| CLECO CORPORATE HOLDINGS | FIXED · principal | 375,000 | $371K | New |
| TREASURY BILL (B 0 08/21/25) | BIL · principal | 357,000 | $355K | New |
| GLP CAPITAL LP / FIN II | FIXED · principal | 351,000 | $351K | No change |
| UTAH ACQUISITION SUB (VTRS 3.95 06/15/26) | FIXED · principal | 350,000 | $347K | No change |
| BGC GROUP INC | FIXED · principal | 335,000 | $334K | No change |
| EDISON INTERNATIONAL | FIXED · principal | 325,000 | $325K | No change |
| AMER AIRLN 15-2 AA | FIXED · principal | 315,488 | $307K | No change |
| COMERICA BANK | FIXED · principal | 305,000 | $304K | No change |
| DELTA AIR LINES | FIXED · principal | 300,000 | $304K | No change |
| AGCO CORP | FIXED · principal | 300,000 | $304K | No change |
| APACHE CORP | FIXED · principal | 300,000 | $304K | No change |
| TREEHOUSE FOODS INC | FIXED · principal | 332,000 | $301K | New |
| BLOCK FINANCIAL LLC (HRB 5.25 10/01/25) | FIXED · principal | 300,000 | $300K | No change |
| AVNET INC (AVT 4.625 04/15/26) | FIXED · principal | 300,000 | $300K | No change |
| ARES CAPITAL CORP (ARCC 3.875 01/15/26) | FIXED · principal | 300,000 | $298K | No change |
| GRUPO TELEVISA | FIXED · principal | 300,000 | $297K | No change |
| PHILLIPS 66 PARTNERS LP | FIXED · principal | 300,000 | $292K | New |
| AMER AIRLINE 17-2 | FIXED · principal | 292,257 | $290K | New |
| PULTEGROUP INC (PHM 5.5 03/01/26) | FIXED · principal | 275,000 | $276K | No change |
| TEXAS GAS TRANSMISSION | FIXED · principal | 250,000 | $262K | New |
| LPL HOLDINGS INC | FIXED · principal | 250,000 | $255K | No change |
| BGC PARTNERS INC | FIXED · principal | 255,000 | $253K | No change |
| JBS USA LUX S A / JBSUSA FOOD | FIXED · principal | 260,000 | $253K | New |
| ILLUMINA INC | FIXED · principal | 250,000 | $251K | No change |
| ENBRIDGE ENERGY PARTNERS | FIXED · principal | 250,000 | $250K | No change |
| JEFFERIES GRP LLC | FIXED · principal | 250,000 | $250K | No change |
| SARATOGA INVESTMENT CORP | FIXED · principal | 250,000 | $247K | New |
| UNITED AIR 2020-1 A | FIXED · principal | 238,497 | $243K | New |
| OAKTREE SPECIALTY LEND | FIXED · principal | 235,000 | $242K | Reduce -2.1% |
| ARCELORMITTAL SA | FIXED · principal | 230,000 | $240K | New |
| AMER AIRLINE 16-1 A | FIXED · principal | 238,233 | $230K | New |
| CENTENE CORP | FIXED · principal | 230,000 | $226K | No change |
| HOST HOTELS & RESORTS LP | FIXED · principal | 225,000 | $224K | No change |
| LEGGETT & PLATT INC (LEG 4.4 03/15/29) | Corporate Bond - Domestic · principal | 222,000 | $214K | No change |
| US TREASURY N/B (T 3 07/15/25) | FIXED · principal | 210,000 | $210K | No change |
| BOEING CO/THE | FIXED · principal | 200,000 | $206K | No change |
| TRANSOCEAN INC | FIXED · principal | 200,000 | $194K | No change |
| LEGGETT & PLATT INC (LEG 3.5 11/15/27) | Bond · principal | 200,000 | $194K | Reduce -38.5% |
| VIATRIS INC | FIXED · principal | 200,000 | $191K | No change |
| TPI COMPOSITES INC (TPIC 5.25 03/15/28) | NOTE 5.250% 3/1 · principal | 1,010,000 | $88K | Reduce -2.9% |
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q1 2025 → Q2 2025
| GLD SPDR Gold Shares | Reduce -98.2% | 0.05% | −3.11 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −1.76 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -34.7% | 1.92% | −1.73 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −1.43 |
| ABBV Abbvie Inc. | Reduce -66.0% | 0.38% | −1.20 |
| LONZ PIMCO Senior Loan Active ETF | Reduce -53.1% | 0.73% | −1.20 |
| EXE Expand Energy Corp. | Sold out | 0.00% | −1.06 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −1.03 |
| CSCO Cisco Systems Inc. | Reduce -71.8% | 0.34% | −1.02 |
| ABT Abbott Laboratories | Reduce -73.8% | 0.28% | −1.02 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −1.01 |
| CTRE Caretrust REIT Inc. | Sold out | 0.00% | −1.00 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.97 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.96 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.95 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.70 |
| ISRG Intuitive Surgical Inc. | Reduce -50.7% | 0.49% | −0.64 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -75.0% | 0.13% | −0.59 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.58 |
| SO The Southern Co. | Sold out | 0.00% | −0.57 |
| OKE Oneok Inc. | Sold out | 0.00% | −0.57 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.54 |
| EQT Eqt Corp. | Reduce -52.0% | 0.38% | −0.52 |
| WELL Welltower Inc. | Sold out | 0.00% | −0.50 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.48 |
| O Realty Income Corp. | Sold out | 0.00% | −0.42 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | −0.41 |
| LNG Cheniere Energy Inc. | Reduce -43.9% | 0.37% | −0.41 |
| FRT Federal Realty Invs Trust | Sold out | 0.00% | −0.41 |
| AR Antero Resources Corp. | Sold out | 0.00% | −0.40 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.38 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -3.5% | 1.54% | −0.36 |
| PH Parker Hannifin Corp. | Reduce -29.7% | 0.64% | −0.35 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.34 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.32 |
| AMLP Alerian MLP ETF | Reduce -2.7% | 0.82% | −0.30 |
| LII Lennox International Inc. | Sold out | 0.00% | −0.29 |
| GE General Electric | Reduce -87.2% | 0.04% | −0.26 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.25 |
| CAT Caterpillar Inc. | Reduce -35.6% | 0.35% | −0.23 |
| WMB Williams Cos Inc. | Reduce -2.1% | 0.93% | −0.20 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.20 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.19 |
| BA The Boeing Co. | Reduce -84.9% | 0.03% | −0.17 |
| LB Landbridge Co. LLC-A | Reduce -9.2% | 0.32% | −0.15 |
| PG The Procter & Gamble Co. | Reduce -0.1% | 0.41% | −0.14 |
| TMUS T-Mobile US Inc. | Reduce -28.4% | 0.14% | −0.13 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.5% | 0.81% | −0.13 |
| AEE Ameren Corporation | Reduce -12.9% | 0.25% | −0.13 |
| T AT&T Inc. | Reduce -3.4% | 0.45% | −0.12 |
Portfolio Buys Q1 2025 → Q2 2025
| SOXX iShares Semiconductor ETF | New | 2.66% | +2.66 |
| IGV iShares Expanded Tech-Softwa | Add +7605.0% | 2.60% | +2.57 |
| QQQ Invesco QQQ Trust Series 1 | Add +2410.6% | 2.62% | +2.51 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +92.2% | 3.94% | +1.61 |
| ROK Rockwell Automation Inc. | New | 0.92% | +0.92 |
| DLR Digital Realty Trust Inc. | Add +258.1% | 1.27% | +0.91 |
| ORCL Oracle Corp. | Add +172.2% | 1.25% | +0.88 |
| V Visa Inc. Class A | Add +2448.7% | 0.89% | +0.85 |
| STX Seagate Technology Holdings | New | 0.84% | +0.84 |
| BAC Bank of America Corp. | Add +1480.2% | 0.91% | +0.84 |
| MOS The Mosaic Co. | New | 0.79% | +0.79 |
| LHX L3HARRIS Technologies Inc. | New | 0.76% | +0.76 |
| URI United Rentals Inc. | New | 0.75% | +0.75 |
| AGCO Agco Corp. | New | 0.73% | +0.73 |
| NOW ServiceNow Inc. | Add +282.4% | 0.97% | +0.72 |
| CMI Cummins Inc. | New | 0.72% | +0.72 |
| RTX RTX Corp. | New | 0.71% | +0.71 |
| DE Deere & Co. | New | 0.71% | +0.71 |
| JCI Johnson Controls Internation | Add +217.6% | 0.88% | +0.61 |
| AVGO Broadcom Inc. | Add +15.6% | 1.77% | +0.61 |
| CME Cme Group Inc. | Add +158.4% | 1.13% | +0.60 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 0.55% | +0.55 |
| NVDA Nvidia Corp. | Add +5.2% | 3.01% | +0.55 |
| NFLX Netflix Inc. | Add +66.6% | 1.12% | +0.53 |
| C Citigroup Inc. | Add +93.0% | 1.17% | +0.53 |
| TT Trane Technologies PLC | Add +115.8% | 0.95% | +0.53 |
| MSFT Microsoft Corp. | Add +17.5% | 2.64% | +0.52 |
| GS Goldman Sachs Group Inc. | Add +42.9% | 1.47% | +0.47 |
| GEV GE Vernova Inc. | Add +91.2% | 0.74% | +0.46 |
| CCJ Cameco Corp. | New | 0.45% | +0.45 |
| VRT Vertiv Holdings Co. Class A | Add +178.5% | 0.59% | +0.44 |
| META Meta Platforms Inc. Class A | Add +18.1% | 2.52% | +0.43 |
| WDC Western Digital Corp. | New | 0.42% | +0.42 |
| AXP American Express Co. | Add +106.9% | 0.79% | +0.39 |
| BYDDY BYD Co. Ltd.-Unsponsored ADR | Add +657.8% | 0.46% | +0.38 |
| TSM Taiwan Semiconductor-SP ADR | Add +42.5% | 0.94% | +0.33 |
| NGG National Grid PLC-SP ADR | New | 0.33% | +0.33 |
| AMZN Amazon.com Inc. | Add +27.0% | 2.29% | +0.33 |
| MLM Martin Marietta Materials | New | 0.33% | +0.33 |
| STT State Street Corp. | Add +60.5% | 0.93% | +0.32 |
| ETN Eaton Corp. PLC | Add +27.0% | 1.25% | +0.31 |
| JPM JPMorgan Chase & Co. | Add +33.2% | 1.52% | +0.31 |
| VRSK Verisk Analytics Inc. | New | 0.30% | +0.30 |
| VOO Vanguard S&P 500 ETF | New | 0.28% | +0.28 |
| BNY Bank of New York Mellon Corp. | Add +65.8% | 0.87% | +0.26 |
| IBM Intl Business Machines Corp. | Add +38.3% | 0.80% | +0.19 |
| CEG Constellation Energy | Add +9.2% | 0.67% | +0.19 |
| HDB HDFC Bank Ltd.-ADR | New | 0.19% | +0.19 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +18.2% | 0.70% | +0.19 |
| DOV Dover Corp. | Add +55.7% | 0.75% | +0.17 |
Notes & Other Activity Q1 2025 → Q2 2025
| TREASURY BILL (B 0 07/22/25) | BIL · principal | New | 16,021,000 | $16.0M |
| US TREASURY N/B (T 2.875 11/30/25) | #N/A · principal | Reduce -0.7% | 5,334,000 | $5.3M |
| US TREASURY N/B (T 4.125 06/15/26) | NOT · principal | New | 4,428,000 | $4.4M |
| IIP OPERATING PARTNER | 5.500 05/25/26 '26 · principal | Add +1.0% | 3,318,000 | $3.2M |
| TREASURY BILL (B 0 07/24/25) | FIXED · principal | New | 3,000,000 | $3.0M |
| US TREASURY N/B (T 2.75 05/15/25) | FIX · principal | Sold out | 2,500,000 | $2.5Mbefore exit |
| US TREASURY N/B (T 4.25 05/31/25) | FIX · principal | Sold out | 2,313,000 | $2.3Mbefore exit |
| CITRIX SYSTEMS INC | FIXED · principal | Add +6.7% | 2,294,000 | $2.2M |
| PETROLEOS MEXICANOS | FIXED · principal | Add +2.6% | 2,041,000 | $2.1M |
| BLACKROCK TCP CAP | FIXED · principal | Reduce -2.7% | 1,930,000 | $2.0M |
| AMC ENTERTAINMENT | 6.125 05/15/27 '26 · principal | Add +5.3% | 1,988,000 | $1.8M |
| GLOBAL MARINE INC (GLBMRN 7 06/01/28) | FIXED · principal | Reduce -0.3% | 1,944,000 | $1.8M |
| PARK-OHIO INDUSTRIES INC | FIXED · principal | Add +3.3% | 1,803,000 | $1.7M |
| TITAN INTERNATIONAL INC | FIXED · principal | Add +2.2% | 1,645,000 | $1.6M |
| TREASURY BILL (B 0 07/03/25) | BIL · principal | New | 1,592,000 | $1.6M |
| TREASURY BILL (B 0 06/12/25) | BIL · principal | Sold out | 1,596,000 | $1.6Mbefore exit |
| TREASURY BILL (B 0 06/20/25) | FIX · principal | Sold out | 1,515,000 | $1.5Mbefore exit |
| MERCER INTL INC (MERC 5.125 02/01/29) | Corporate Bond - Domestic · principal | Add +3.4% | 1,823,000 | $1.5M |
| KEYCORP CAPITAL | FIXED · principal | Reduce -2.7% | 1,430,000 | $1.5M |
| PETROLEOS MEXICANOS | FIXED · principal | Reduce -4.9% | 1,460,000 | $1.4M |
| FS KKR CAPITAL CORP (FSK 7.875 01/15/29) | Fixed Income · principal | Reduce -1.0% | 1,312,000 | $1.4M |
| SASOL FINANCING USA LLC | FIXED · principal | Add +59.9% | 1,455,000 | $1.4M |
| TIAA FSB HOLDINGS INC | FIXED · principal | Reduce -3.3% | 1,325,000 | $1.3M |
| ICAHN ENTERPRISES/FIN (IEP 9.75 01/15/29) | Corporate Bond - Domestic · principal | Add +26.4% | 1,334,000 | $1.3M |
| ICAHN ENTERPRISES/FIN (IEP 5.25 05/15/27) | Corporate Bond - Domestic · principal | Reduce -4.3% | 1,330,000 | $1.3M |
| JEFFERIES FIN GROUP | FIXED · principal | Sold out | 1,221,000 | $1.2Mbefore exit |
| CDK GLOBAL INC | FIXED · principal | Add +18.1% | 1,295,000 | $1.2M |
| VITAL ENERGY INC | FIXED · principal | Add +115.1% | 1,252,000 | $1.1M |
| TRANSOCEAN INC | FIXED · principal | Add +7.1% | 1,376,000 | $1.1M |
| GENESIS ENERGY LP/FIN (GEL 8.25 01/15/29) | Corporate Bond - Domestic · principal | Reduce -2.5% | 970,000 | $1.0M |
| NEWELL BRANDS INC (NWL 6.625 09/15/29) | FIXED · principal | New | 1,010,000 | $995K |
| TEGNA INC (TGNA 5 09/15/29) | Corporate Bond - Domestic · principal | Reduce -2.9% | 990,000 | $944K |
| CARNIVAL CORP | FIXED · principal | Add +69.5% | 890,000 | $935K |
| US TREASURY N/B (T 1.875 06/30/26) | FIXED · principal | New | 850,000 | $832K |
| US TREASURY N/B (T 2.25 03/31/26) | FIXED · principal | Add +38.8% | 840,000 | $829K |
| PBF HOLDING CO LLC (PBFENE 6 02/15/28) | Corporate Bond - Domestic · principal | Add +169.1% | 861,000 | $819K |
| GOLDMAN SACKS BDC INC | FIXED · principal | New | 740,000 | $757K |
| NEW MOUNTAIN FINANCE COR | FIXED · principal | Add +8.9% | 735,000 | $742K |
| UNITED AIR 2020-1 B PTT | FIXED · principal | Reduce -3.5% | 728,566 | $727K |
| CLEVELAND-CLIFFS STEEL | FIXED · principal | Reduce -0.5% | 730,000 | $723K |
| SFL CORP LTD | FIXED · principal | Sold out | 651,000 | $669Kbefore exit |
| TREASURY BILL (B 0 05/22/25) | BIL · principal | Sold out | 671,000 | $667Kbefore exit |
| ASSERTIO HOLDINGS INC (ASRT 6.5 09/01/27) | NOTE 6.500% 9/0 · principal | Add +244.0% | 688,000 | $620K |
| KENNEDY-WILSON INC (KW 5 03/01/31) | 5.000 03/01/31 '26 · principal | Add +9.9% | 668,000 | $602K |
| US TREASURY N/B (T 2.875 06/15/25) | FIX · principal | Sold out | 600,000 | $598Kbefore exit |
| HF SINCLAIR CORP | FIXED · principal | Add +9.3% | 590,000 | $597K |
| CARNIVAL CORP | FIXED · principal | Reduce -11.4% | 546,000 | $560K |
| HAWAIIAN AIRLINES 13-1A | FIXED · principal | New | 566,678 | $554K |
| TREASURY BILL (B 0 06/05/25) | FIX · principal | Sold out | 550,000 | $546Kbefore exit |
| YAMANA GOLD INC | FIXED · principal | New | 545,000 | $542K |
Showing the first 50 of 114.
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 | 236 | $967.4M | AAPL, NVDA, SPY, GOOGL, CAT |
| Q1 2026 | 233 | $794.9M | SPY, AAPL, NVDA, GOOGL, AMZN |
| Q4 2025 | 244 | $979.9M | AAPL, NVDA, GOOGL, MSFT, AMZN |
| Q3 2025 | 215 | $934.8M | GLD, AAPL, NVDA, GOOGL, MSFT |
| Q2 2025 | 205 | $888.8M | SPY, NVDA, AAPL, SOXX, MSFT |
| Q1 2025 | 210 | $709.3M | SRLN, AAPL, GLD, NVDA, SPY |
| Q4 2024 | 213 | $813.1M | SPY, AAPL, NVDA, MSFT, AMZN |
| Q3 2024 | 230 | $853.9M | AAPL, NVDA, MSFT, META, AMZN |
| Q2 2024 | 215 | $778.4M | AAPL, MSFT, NVDA, AMZN, META |
| Q1 2024 | 221 | $781.6M | AAPL, MSFT, AMZN, NVDA, META |