Level Four Advisory Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), Level Four Advisory Services, LLC reported 802 stock positions worth $2.9 billion. Its top holding was Apple (AAPL) at 4.4% of the portfolio, followed by Level Four Large Cap Growth (LGRO, 3.2%) and Microsoft (MSFT, 2.7%). Compared with Q2 2025, it opened 54 new positions, sold out of 36, added to 446 and reduced 263. The biggest buy was Level Four Large Cap Growth (LGRO, shares +9%) and the biggest sale Vaneck Morningstar Wide Moat (MOAT, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001696715
- Portfolio Value
- $2.9B (Q3 2025)
- SEC Filing
- 0001696715-25-000003 ↗ filed Nov 12, 2025
Holdings Value
Holdings 802 stocks · $2.9B
| AAPL Apple Inc. | 4.37% | 500,673 | $127.5M | Reduce -3.1% |
| LGRO Level Four Large Cap Growth | 3.21% | 2,340,169 | $93.8M | Add +8.6% |
| MSFT Microsoft Corp. | 2.66% | 149,895 | $77.6M | Reduce -2.4% |
| QQQ Invesco QQQ Trust Series 1 | 2.50% | 121,507 | $72.9M | Reduce -2.9% |
| NVDA Nvidia Corp. | 1.76% | 274,785 | $51.3M | Reduce -5.0% |
| AMZN Amazon.com Inc. | 1.71% | 226,784 | $49.8M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.47% | 176,286 | $42.9M | Reduce -2.5% |
| AVGO Broadcom Inc. | 1.28% | 113,113 | $37.3M | Reduce -5.7% |
| JIRE JPMorgan Int Res Enh Eqty | 1.26% | 500,467 | $36.8M | Add +11.2% |
| TCAF T Rowe PRC Cap Appreciation | 1.24% | 957,972 | $36.1M | Add +4.7% |
| VOO Vanguard S&P 500 ETF | 1.23% | 58,565 | $35.9M | Add +3.8% |
| SMTH Alps SMTH Cor BD Plus ETF | 1.17% | 1,304,256 | $34.1M | Add +2.6% |
| USFR Wisdomtree Floating Rate Tre | 1.15% | 667,132 | $33.5M | Add +7.5% |
| JPM JPMorgan Chase & Co. | 1.05% | 97,650 | $30.8M | Reduce -3.8% |
| META Meta Platforms Inc. Class A | 1.05% | 41,680 | $30.6M | Reduce -4.4% |
| ABBV Abbvie Inc. | 1.02% | 129,118 | $29.9M | Reduce -3.2% |
| MOAT Vaneck Morningstar Wide Moat | 1.00% | 295,147 | $29.3M | Reduce -17.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.94% | 349,239 | $27.4M | Add +1.5% |
| PTLC Pacer Trendpilot US Large Ca | 0.74% | 394,527 | $21.6M | Add +0.5% |
| GLD SPDR Gold Shares | 0.72% | 59,088 | $21.0M | Reduce -4.5% |
| AGG iShares Core U.S. Aggregate | 0.69% | 199,588 | $20.0M | Add +6.5% |
| GBIL Goldman Sachs Access Treasur | 0.68% | 196,788 | $19.7M | Add +1.5% |
| QQQM Invesco Nasdaq 100 ETF | 0.65% | 76,756 | $19.0M | Add +1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 36,340 | $18.3M | Add +2.2% |
| WMT Walmart Inc. | 0.62% | 175,317 | $18.1M | Reduce -3.1% |
| CAG Conagra Brands Inc. | 0.61% | 972,732 | $17.8M | Reduce -0.1% |
| DSTL Distillate US Fundamental St | 0.57% | 285,418 | $16.5M | Add +3.3% |
| MS Morgan Stanley | 0.57% | 103,886 | $16.5M | Reduce -3.4% |
| MU Micron Technology Inc. | 0.56% | 98,047 | $16.4M | Add +4.9% |
| HD Home Depot Inc. | 0.56% | 40,270 | $16.3M | Reduce -0.1% |
| SNOW Snowflake Inc. | 0.55% | 70,876 | $16.0M | Reduce -9.5% |
| LRCX Lam Research Corp. | 0.54% | 117,547 | $15.7M | Reduce -12.6% |
| UBER Uber Technologies Inc. | 0.53% | 159,126 | $15.6M | Reduce -6.0% |
| C Citigroup Inc. | 0.53% | 151,781 | $15.4M | Reduce -11.9% |
| V Visa Inc. Class A | 0.49% | 42,115 | $14.4M | Add +3.7% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.48% | 522,702 | $14.1M | Add +5.8% |
| SPTI SS SPDR P Int Term TSY ETF | 0.48% | 480,328 | $13.9M | Add +1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.47% | 20,501 | $13.7M | Add +2.0% |
| NEE Nextera Energy Inc. | 0.46% | 177,152 | $13.4M | Reduce -2.5% |
| COWZ Pacer US Cash Cows 100 ETF | 0.46% | 231,997 | $13.3M | Add +3.6% |
| JNJ Johnson & Johnson | 0.45% | 70,498 | $13.1M | Add +2.9% |
| IVW iShares S&P 500 Growth ETF | 0.44% | 107,553 | $13.0M | Add +0.6% |
| TSLA Tesla Inc. | 0.42% | 27,780 | $12.4M | Add +0.9% |
| UNH Unitedhealth Group Inc. | 0.42% | 35,321 | $12.2M | Add +10.6% |
| GS Goldman Sachs Group Inc. | 0.42% | 15,276 | $12.2M | Reduce -6.9% |
| BLK BlackRock Inc. | 0.41% | 10,257 | $12.0M | Reduce -7.9% |
| XLK SS Technology Select Sector | 0.41% | 42,089 | $11.9M | Reduce -5.7% |
| LW Lamb Weston Holdings Inc. | 0.40% | 202,554 | $11.8M | Add +0.0% |
| LMT Lockheed Martin Corp. | 0.40% | 23,564 | $11.8M | Add +2.0% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.38% | 108,133 | $11.1M | Reduce -7.7% |
| COP Conocophillips | 0.37% | 113,276 | $10.7M | Reduce -3.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.37% | 32,521 | $10.7M | Add +3.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.36% | 73,746 | $10.7M | Reduce -9.4% |
| RDVY First Trust Rising Dividend | 0.36% | 157,437 | $10.6M | Add +47.1% |
| RH RH | 0.36% | 51,931 | $10.6M | Reduce -8.0% |
| BKNG Booking Holdings Inc. | 0.36% | 1,946 | $10.5M | Reduce -6.5% |
| SMH Vaneck Semiconductor ETF | 0.36% | 31,810 | $10.4M | Add +23.0% |
| IJH iShares Core S&P Midcap ETF | 0.35% | 155,551 | $10.2M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 0.34% | 41,058 | $10.0M | Add +9.3% |
| PYPL PayPal Holdings Inc. | 0.34% | 148,405 | $10.0M | Reduce -4.5% |
| NFLX Netflix Inc. | 0.33% | 8,003 | $9.6M | Reduce -7.1% |
| PTNQ Pacer Trendpilot 100 ETF | 0.33% | 122,816 | $9.5M | Add +0.6% |
| TXN Texas Instruments Inc. | 0.33% | 51,694 | $9.5M | Add +1.7% |
| MCK McKesson Corp. | 0.32% | 12,124 | $9.4M | Reduce -12.2% |
| CMI Cummins Inc. | 0.32% | 21,937 | $9.3M | Add +1.6% |
| APA Apa Corp. | 0.32% | 381,071 | $9.3M | Reduce -9.8% |
| QCOM Qualcomm Inc. | 0.32% | 55,314 | $9.2M | Reduce -6.4% |
| ACIO Aptus Collared Invest Opp | 0.31% | 210,321 | $9.1M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 0.31% | 23,944 | $9.0M | Add +2.9% |
| KLAC KLA Corp. | 0.31% | 8,286 | $8.9M | Add +0.6% |
| FCNCA First Citizens Bcshs Class A | 0.30% | 4,967 | $8.9M | Reduce -6.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.30% | 159,807 | $8.9M | Add +0.3% |
| JPEF JPMorgan Equity Focus ETF | 0.30% | 117,817 | $8.7M | Reduce -30.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 168,939 | $8.7M | Reduce -7.5% |
| LOW Lowe's Cos Inc. | 0.30% | 34,537 | $8.7M | Add +2.6% |
| CAT Caterpillar Inc. | 0.30% | 18,151 | $8.7M | Add +0.9% |
| MPWR Monolithic Power Systems Inc. | 0.30% | 9,386 | $8.6M | Reduce -11.6% |
| MA Mastercard Inc. Class A | 0.30% | 15,186 | $8.6M | Reduce -3.4% |
| MCD McDonald's Corp. | 0.29% | 27,992 | $8.5M | Add +2.7% |
| SPMO Invesco S&P 500 Momentum ETF | 0.29% | 70,106 | $8.5M | Add +43.8% |
| AMAT Applied Materials Inc. | 0.29% | 40,677 | $8.3M | Reduce -15.4% |
| VIG Vanguard Dividend Apprec ETF | 0.28% | 37,715 | $8.1M | Add +1.1% |
| GDX Vaneck Gold Miners ETF | 0.27% | 104,916 | $8.0M | Add +1.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 16,436 | $7.9M | Add +0.6% |
| ICE Intercontinental Exchange Inc. | 0.27% | 46,343 | $7.8M | Reduce -9.2% |
| MCHP Microchip Technology Inc. | 0.27% | 121,406 | $7.8M | Add +1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.27% | 27,518 | $7.8M | Reduce -0.9% |
| SCHD Schwab US DVD Equity ETF | 0.27% | 283,853 | $7.7M | Reduce -29.7% |
| XOM Exxon Mobil Corp. | 0.27% | 68,653 | $7.7M | Add +1.3% |
| RSP Invesco S&P 500 Equal Weight | 0.26% | 40,597 | $7.7M | Reduce -4.6% |
| AGCO Agco Corp. | 0.26% | 71,116 | $7.6M | Reduce -12.2% |
| FAST Fastenal Co. | 0.26% | 155,237 | $7.6M | Add +1.2% |
| CVX Chevron Corp. | 0.26% | 48,713 | $7.6M | Add +9.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.26% | 29,746 | $7.6M | Add +5.8% |
| CRM Salesforce Inc. | 0.26% | 31,820 | $7.5M | Add +0.7% |
| OXY Occidental Petroleum Corp. | 0.26% | 159,206 | $7.5M | Reduce -9.2% |
| IWF iShares Russell 1000 Growth | 0.26% | 16,014 | $7.5M | Add +4.7% |
| PG The Procter & Gamble Co. | 0.25% | 47,872 | $7.4M | Add +1.4% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 52,147 | $7.4M | Add +65.3% |
| XMMO Invesco S&P Midcap Momentum | 0.25% | 53,839 | $7.3M | Add +3.5% |
Portfolio Sells Q2 2025 → Q3 2025
| MOAT Vaneck Morningstar Wide Moat | Reduce -17.6% | 1.00% | −0.24 |
| MKC McCormick & Co.-Non VTG SHRS | Sold out | 0.00% | −0.19 |
| MSFT Microsoft Corp. | Reduce -2.4% | 2.66% | −0.16 |
| JPEF JPMorgan Equity Focus ETF | Reduce -30.6% | 0.30% | −0.14 |
| META Meta Platforms Inc. Class A | Reduce -4.4% | 1.05% | −0.14 |
| SCHD Schwab US DVD Equity ETF | Reduce -29.7% | 0.27% | −0.13 |
| CAG Conagra Brands Inc. | Reduce -0.1% | 0.61% | −0.12 |
| XLV SS Health Care Select Sector | Reduce -39.5% | 0.16% | −0.12 |
| SNOW Snowflake Inc. | Reduce -9.5% | 0.55% | −0.10 |
| NFLX Netflix Inc. | Reduce -7.1% | 0.33% | −0.10 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -65.2% | 0.05% | −0.10 |
| TWLO Twilio Inc. Class A | Reduce -6.9% | 0.21% | −0.09 |
| CRWV Coreweave Inc. Class A | Reduce -50.7% | 0.06% | −0.09 |
| PYPL PayPal Holdings Inc. | Reduce -4.5% | 0.34% | −0.09 |
| BKNG Booking Holdings Inc. | Reduce -6.5% | 0.36% | −0.08 |
| FCNCA First Citizens Bcshs Class A | Reduce -6.4% | 0.30% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -16.2% | 0.17% | −0.08 |
| ICE Intercontinental Exchange Inc. | Reduce -9.2% | 0.27% | −0.08 |
| ROP Roper Technologies Inc. | Reduce -9.5% | 0.22% | −0.08 |
| PPH Vaneck Pharmaceutical ETF | Reduce -59.9% | 0.05% | −0.07 |
| ELV Elevance Health Inc. | Reduce -9.4% | 0.17% | −0.07 |
| EPI Wisdomtree India Earnings | Reduce -41.9% | 0.07% | −0.07 |
| ALSN Allison Transmission Holding | Reduce -9.2% | 0.21% | −0.07 |
| CHD Church & Dwight Co. Inc. | Reduce -10.0% | 0.20% | −0.06 |
| UPS United Parcel Service Class B | Reduce -7.5% | 0.16% | −0.06 |
| COIN Coinbase Global Inc. Class A | Reduce -77.4% | 0.02% | −0.06 |
| EOG EOG Resources Inc. | Reduce -9.8% | 0.23% | −0.06 |
| NOW ServiceNow Inc. | Reduce -4.8% | 0.22% | −0.06 |
| DXCM Dexcom Inc. | Reduce -4.6% | 0.12% | −0.05 |
| MCK McKesson Corp. | Reduce -12.2% | 0.32% | −0.05 |
| XLF SS Financial Select Sector | Reduce -20.1% | 0.17% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -6.0% | 0.53% | −0.05 |
| INGR Ingredion Inc. | Reduce -9.8% | 0.15% | −0.05 |
| AGCO Agco Corp. | Reduce -12.2% | 0.26% | −0.05 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.9% | 2.50% | −0.05 |
| CTRA Coterra Energy Inc. | Reduce -10.2% | 0.16% | −0.05 |
| CF CF Industries Holdings Inc. | Reduce -11.8% | 0.17% | −0.04 |
| DIS The Walt Disney Co. | Reduce -7.1% | 0.17% | −0.04 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -58.9% | 0.03% | −0.04 |
| AMAT Applied Materials Inc. | Reduce -15.4% | 0.29% | −0.04 |
| DOCU Docusign Inc. | Reduce -0.5% | 0.23% | −0.04 |
| JBL Jabil Inc. | Reduce -63.9% | 0.02% | −0.04 |
| TROW T Rowe Price Group Inc. | Reduce -7.7% | 0.38% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.9% | 0.27% | −0.04 |
| YETI Yeti Holdings Inc. | Reduce -60.5% | 0.02% | −0.04 |
| TGT Target Corp. | Reduce -5.8% | 0.14% | −0.03 |
| LEA Lear Corp. | Reduce -10.9% | 0.25% | −0.03 |
| AVAV Aerovironment Inc. | Sold out | 0.00% | −0.03 |
| WMT Walmart Inc. | Reduce -3.1% | 0.62% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -8.7% | 0.16% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| LGRO Level Four Large Cap Growth | Add +8.6% | 3.21% | +0.28 |
| APH Amphenol Corp. Class A | Add +1739.2% | 0.21% | +0.20 |
| SPHQ Invesco S&P 500 Quality ETF | Add +496.8% | 0.21% | +0.17 |
| MU Micron Technology Inc. | Add +4.9% | 0.56% | +0.14 |
| FMDE Fidelity Enhanced Mid Cap Co. | New | 0.14% | +0.14 |
| IWP iShares Russell Mid-Cap Grow | Add +676.5% | 0.14% | +0.13 |
| RDVY First Trust Rising Dividend | Add +47.1% | 0.36% | +0.12 |
| TSLA Tesla Inc. | Add +0.9% | 0.42% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +9.3% | 0.34% | +0.10 |
| VYM Vanguard High DVD Yield ETF | Add +65.3% | 0.25% | +0.10 |
| GRID First TRST Nasd Class Edg Sgiif | New | 0.09% | +0.09 |
| SMH Vaneck Semiconductor ETF | Add +23.0% | 0.36% | +0.09 |
| SPMO Invesco S&P 500 Momentum ETF | Add +43.8% | 0.29% | +0.09 |
| JIRE JPMorgan Int Res Enh Eqty | Add +11.2% | 1.26% | +0.09 |
| BSCR Invesco Bulletshares 2027 CB | Add +187.2% | 0.13% | +0.08 |
| GDX Vaneck Gold Miners ETF | Add +1.2% | 0.27% | +0.08 |
| COWG Pacer US LRG Cap Cows GR LD | Add +96.1% | 0.14% | +0.07 |
| JNJ Johnson & Johnson | Add +2.9% | 0.45% | +0.06 |
| SNDK Sandisk Corp. | New | 0.06% | +0.06 |
| CMI Cummins Inc. | Add +1.6% | 0.32% | +0.06 |
| GDXJ Vaneck Junior Gold Miners | Add +69.0% | 0.09% | +0.05 |
| UNH Unitedhealth Group Inc. | Add +10.6% | 0.42% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +13.8% | 0.17% | +0.05 |
| NEM Newmont Corp. | Add +48.1% | 0.10% | +0.05 |
| WDAY Workday Inc. Class A | New | 0.05% | +0.05 |
| TCAF T Rowe PRC Cap Appreciation | Add +4.7% | 1.24% | +0.05 |
| VOO Vanguard S&P 500 ETF | Add +3.8% | 1.23% | +0.05 |
| FEZ State Street SPDR Euro Stoxx | Add +33.2% | 0.20% | +0.04 |
| AMD Advanced Micro Devices | Add +20.3% | 0.20% | +0.04 |
| WDC Western Digital Corp. | New | 0.04% | +0.04 |
| CAT Caterpillar Inc. | Add +0.9% | 0.30% | +0.04 |
| BMI Badger Meter Inc. | New | 0.04% | +0.04 |
| KLAC KLA Corp. | Add +0.6% | 0.31% | +0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +115.1% | 0.06% | +0.03 |
| MRVL Marvell Technology Inc. | Add +107.8% | 0.06% | +0.03 |
| JEPQ JPM Nasdaq Equity Premium | Add +41.9% | 0.11% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +26.7% | 0.15% | +0.03 |
| IQQQ Proshares NDX High Incom ETF | Add +316.6% | 0.04% | +0.03 |
| JEPI JPMorgan Equity Premium Inco | Add +30.0% | 0.15% | +0.03 |
| SNPS Synopsys Inc. | Add +187.4% | 0.04% | +0.03 |
| IWD iShares Russell 1000 Value E | Add +51.8% | 0.08% | +0.03 |
| LEN Lennar Corp. Class A | Add +223.8% | 0.04% | +0.03 |
| FIX Comfort Systems USA Inc. | Add +3.0% | 0.08% | +0.03 |
| CVX Chevron Corp. | Add +9.9% | 0.26% | +0.03 |
| AXP American Express Co. | Add +32.6% | 0.11% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.6% | 0.15% | +0.02 |
| CUBE Cubesmart | New | 0.02% | +0.02 |
| GLW Corning Inc. | Add +49.0% | 0.04% | +0.02 |
| FAST Fastenal Co. | Add +1.2% | 0.26% | +0.02 |
| CCL Carnival Corp. | New | 0.02% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 935 | $3.5B | AAPL, LGRO, QQQ, MSFT, NVDA |
| Q1 2026 | 866 | $3.0B | AAPL, LGRO, QQQ, MSFT, AMZN |
| Q4 2025 | 842 | $3.1B | AAPL, LGRO, MSFT, QQQ, AMZN |
| Q3 2025 | 802 | $2.9B | AAPL, LGRO, MSFT, QQQ, NVDA |
| Q2 2025 | 784 | $2.7B | AAPL, LGRO, MSFT, QQQ, AMZN |
| Q1 2025 | 752 | $2.4B | AAPL, LGRO, QQQ, MSFT, AMZN |
| Q4 2024 | 751 | $2.4B | AAPL, LGRO, QQQ, MSFT, AMZN |
| Q3 2024 | 763 | $2.4B | AAPL, LGRO, QQQ, MSFT, AMZN |
| Q2 2024 | 739 | $2.2B | AAPL, LGRO, QQQ, MSFT, AMZN |
| Q1 2024 | 767 | $1.8B | AAPL, LGRO, QQQ, MSFT, AMZN |