Linden Thomas Advisory Services, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Linden Thomas Advisory Services, LLC reported 478 stock positions worth $908.1 million. Its top holding was Nvidia (NVDA) at 3.2% of the portfolio, followed by Meta Platforms Class A (META, 1.8%) and Apple (AAPL, 1.7%). Compared with Q1 2025, it opened 40 new positions, sold out of 22, added to 224 and reduced 214. The biggest buy was Nvidia (NVDA, shares +4%) and the biggest sale Corcept Therapeutics (CORT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- Charlotte, NC
- CIK
- 0001965702
- Portfolio Value
- $908.1M (Q2 2025)
- SEC Filing
- 0001085146-25-004378 ↗ filed Jul 31, 2025
Holdings Value
Holdings 478 stocks · $908.1M
| NVDA Nvidia Corp. | 3.16% | 181,647 | $28.7M | Add +4.4% |
| META Meta Platforms Inc. Class A | 1.81% | 22,240 | $16.4M | Add +3.8% |
| AAPL Apple Inc. | 1.73% | 76,455 | $15.7M | Add +41.1% |
| MSFT Microsoft Corp. | 1.53% | 27,903 | $13.9M | Add +5.2% |
| AVGO Broadcom Inc. | 1.16% | 38,202 | $10.5M | Add +2.3% |
| PLTR Palantir Technologies Inc. Class A | 1.00% | 66,630 | $9.1M | Add +2.7% |
| RMD Resmed Inc. | 0.92% | 32,523 | $8.4M | Add +104.7% |
| HEI Heico Corp. | 0.92% | 25,522 | $8.4M | Add +287.5% |
| ANET Arista Networks Inc. | 0.92% | 81,320 | $8.3M | Add +21.0% |
| NFLX Netflix Inc. | 0.87% | 5,892 | $7.9M | Reduce -8.4% |
| FFIV F5 Inc. | 0.83% | 25,674 | $7.6M | Add +137.1% |
| APP AppLovin Corp. Class A | 0.81% | 21,042 | $7.4M | Add +2.7% |
| SPGI S&P Global Inc. | 0.78% | 13,482 | $7.1M | Add +24.3% |
| V Visa Inc. Class A | 0.78% | 19,945 | $7.1M | Add +3.3% |
| MA Mastercard Inc. Class A | 0.77% | 12,375 | $7.0M | Add +3.0% |
| PANW Palo Alto Networks Inc. | 0.68% | 30,246 | $6.2M | Add +22.5% |
| ABT Abbott Laboratories | 0.67% | 44,874 | $6.1M | Add +36.7% |
| INTU Intuit Inc. | 0.67% | 7,719 | $6.1M | Add +1.1% |
| MO Altria Group Inc. | 0.67% | 103,339 | $6.1M | Add +201.8% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.66% | 182,718 | $6.0M | Add +40.7% |
| FTNT Fortinet Inc. | 0.64% | 55,378 | $5.9M | Add +1.4% |
| ISRG Intuitive Surgical Inc. | 0.64% | 10,654 | $5.8M | Reduce -0.0% |
| CRM Salesforce Inc. | 0.63% | 20,996 | $5.7M | Add +0.7% |
| NOW ServiceNow Inc. | 0.61% | 5,423 | $5.6M | Add +1.3% |
| GOOGL Alphabet Inc. Class A | 0.61% | 31,422 | $5.5M | Add +41.4% |
| NRG NRG Energy Inc. | 0.60% | 33,885 | $5.4M | New |
| VZ Verizon Communications Inc. | 0.59% | 124,364 | $5.4M | Add +41.6% |
| GEV GE Vernova Inc. | 0.59% | 10,078 | $5.3M | Reduce -1.7% |
| GILD Gilead Sciences Inc. | 0.58% | 47,527 | $5.3M | Add +3.5% |
| AZO AutoZone Inc. | 0.58% | 1,417 | $5.3M | Add +33.5% |
| TMO Thermo Fisher Scientific Inc. | 0.56% | 12,638 | $5.1M | Add +134.2% |
| HD Home Depot Inc. | 0.55% | 13,648 | $5.0M | Add +4.4% |
| CDNS Cadence Design SYS Inc. | 0.55% | 16,197 | $5.0M | Add +4.5% |
| TMUS T-Mobile US Inc. | 0.54% | 20,683 | $4.9M | Add +8.7% |
| CSCO Cisco Systems Inc. | 0.53% | 70,016 | $4.9M | Add +47.6% |
| ALAB Astera Labs Inc. | 0.52% | 52,570 | $4.8M | Reduce -1.3% |
| CORT Corcept Therapeutics Inc. | 0.51% | 63,600 | $4.7M | Reduce -0.1% |
| SOLV Solventum Corp. | 0.51% | 60,573 | $4.6M | Reduce -1.4% |
| MNST Monster Beverage Corp. | 0.49% | 71,695 | $4.5M | Reduce -0.9% |
| WMB Williams Cos Inc. | 0.49% | 70,301 | $4.4M | Add +9.3% |
| MTSI Macom Technology Solutions H | 0.49% | 30,799 | $4.4M | Reduce -1.2% |
| COR Cencora Inc. | 0.48% | 14,605 | $4.4M | Add +50.1% |
| ACM Aecom | 0.48% | 38,641 | $4.4M | New |
| WMT Walmart Inc. | 0.47% | 43,880 | $4.3M | Add +2.3% |
| ORCL Oracle Corp. | 0.47% | 19,528 | $4.3M | Add +4.2% |
| SYK Stryker Corp. | 0.46% | 10,645 | $4.2M | Add +62.8% |
| HRL Hormel Foods Corp. | 0.46% | 138,531 | $4.2M | Add +113.2% |
| IDXX Idexx Laboratories Inc. | 0.46% | 7,797 | $4.2M | Add +0.8% |
| FOXA Fox Corp. Class A | 0.46% | 74,298 | $4.2M | Add +49.0% |
| LII Lennox International Inc. | 0.46% | 7,259 | $4.2M | Add +0.8% |
| CHTR Charter Communications Inc. Class A | 0.45% | 10,021 | $4.1M | New |
| XOM Exxon Mobil Corp. | 0.45% | 37,874 | $4.1M | Add +73.8% |
| LRCX Lam Research Corp. | 0.45% | 41,836 | $4.1M | Add +1.3% |
| USLM United States Lime & Mineral | 0.45% | 40,676 | $4.1M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.45% | 8,347 | $4.1M | Add +36.5% |
| KR Kroger Co. | 0.44% | 56,190 | $4.0M | Add +22.0% |
| CTSH Cognizant Tech Solutions-A | 0.44% | 51,451 | $4.0M | Add +77.7% |
| LMT Lockheed Martin Corp. | 0.44% | 8,619 | $4.0M | Add +1.2% |
| COST Costco Wholesale Corp. | 0.43% | 3,983 | $3.9M | Add +30.1% |
| ORLY O'reilly Automotive Inc. | 0.43% | 43,625 | $3.9M | Reduce -0.9% |
| PAYX Paychex Inc. | 0.43% | 26,697 | $3.9M | Add +42.8% |
| KLAC KLA Corp. | 0.43% | 4,335 | $3.9M | Reduce -41.1% |
| LLY Eli Lilly & Co. | 0.42% | 4,925 | $3.8M | Reduce -36.6% |
| FISV Fiserv Inc. | 0.40% | 21,324 | $3.7M | New |
| APH Amphenol Corp. Class A | 0.40% | 37,017 | $3.7M | Add +41.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.40% | 8,161 | $3.6M | Add +5.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.40% | 7,126 | $3.6M | Add +2.4% |
| CHE Chemed Corp. | 0.40% | 7,399 | $3.6M | Reduce -1.4% |
| VEEV Veeva Systems Inc. Class A | 0.39% | 12,409 | $3.6M | Reduce -0.1% |
| FDS Factset Research Systems Inc. | 0.39% | 7,905 | $3.5M | Reduce -1.4% |
| CSGP Costar Group Inc. | 0.38% | 43,314 | $3.5M | Reduce -1.4% |
| MATX Matson Inc. | 0.36% | 28,982 | $3.2M | Add +5.4% |
| ZBRA Zebra Technologies Corp. Class A | 0.35% | 10,446 | $3.2M | Reduce -1.4% |
| KNSA Kiniksa Pharmaceuticals Inte | 0.35% | 116,115 | $3.2M | Reduce -1.0% |
| BMI Badger Meter Inc. | 0.35% | 12,875 | $3.2M | Reduce -1.0% |
| TSLA Tesla Inc. | 0.34% | 9,815 | $3.1M | Reduce -1.6% |
| TSCO Tractor Supply Company | 0.34% | 58,789 | $3.1M | Reduce -1.3% |
| AMD Advanced Micro Devices | 0.34% | 21,836 | $3.1M | Add +3.1% |
| MPWR Monolithic Power Systems Inc. | 0.34% | 4,174 | $3.1M | Add +1.3% |
| IT Gartner Inc. | 0.33% | 7,481 | $3.0M | Reduce -1.6% |
| JXN Jackson Financial Inc. Class A | 0.33% | 33,792 | $3.0M | Reduce -1.0% |
| CRAI Cra International Inc. | 0.33% | 15,917 | $3.0M | Reduce -8.6% |
| PEN Penumbra Inc. | 0.33% | 11,597 | $3.0M | Reduce -0.4% |
| ADBE Adobe Inc. | 0.32% | 7,583 | $2.9M | Reduce -33.4% |
| KMI Kinder Morgan Inc. | 0.32% | 99,213 | $2.9M | Add +4.0% |
| LMAT Lemaitre Vascular Inc. | 0.32% | 34,553 | $2.9M | Reduce -2.9% |
| SNOW Snowflake Inc. | 0.31% | 12,534 | $2.8M | Add +2.6% |
| PODD Insulet Corp. | 0.31% | 8,899 | $2.8M | Reduce -1.7% |
| TXN Texas Instruments Inc. | 0.31% | 13,403 | $2.8M | Add +6.6% |
| CPRX Catalyst Pharmaceuticals Inc. | 0.30% | 127,426 | $2.8M | Add +261.7% |
| QCOM Qualcomm Inc. | 0.30% | 17,240 | $2.7M | Add +4.7% |
| NVT Nvent Electric PLC | 0.30% | 37,028 | $2.7M | Reduce -1.0% |
| ZS Zscaler Inc. | 0.30% | 8,613 | $2.7M | Add +2.6% |
| LOW Lowe's Cos Inc. | 0.30% | 12,124 | $2.7M | Add +14.0% |
| ADI Analog Devices Inc. | 0.30% | 11,263 | $2.7M | Add +4.4% |
| FICO Fair Isaac Corp. | 0.29% | 1,461 | $2.7M | Reduce -12.6% |
| GRMN Garmin Ltd. | 0.29% | 12,487 | $2.6M | Add +4.5% |
| MTN Vail Resorts Inc. | 0.29% | 16,585 | $2.6M | Add +0.7% |
| TYL Tyler Technologies Inc. | 0.29% | 4,391 | $2.6M | Reduce -0.9% |
| AMAT Applied Materials Inc. | 0.28% | 14,115 | $2.6M | Reduce -42.4% |
Portfolio Sells Q1 2025 → Q2 2025
| CORT Corcept Therapeutics Inc. | Reduce -0.1% | 0.51% | −0.43 |
| LLY Eli Lilly & Co. | Reduce -36.6% | 0.42% | −0.41 |
| AXP American Express Co. | Reduce -75.3% | 0.12% | −0.37 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.36 |
| BR Broadridge Financial Solutio | Sold out | 0.00% | −0.35 |
| GWW WW Grainger Inc. | Reduce -57.5% | 0.20% | −0.32 |
| CAT Caterpillar Inc. | Reduce -90.7% | 0.03% | −0.29 |
| ADBE Adobe Inc. | Reduce -33.4% | 0.32% | −0.24 |
| NGVC Natural Grocers BY Vitamin C | Reduce -68.3% | 0.08% | −0.23 |
| KLAC KLA Corp. | Reduce -41.1% | 0.43% | −0.22 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.20 |
| CHE Chemed Corp. | Reduce -1.4% | 0.40% | −0.20 |
| AMAT Applied Materials Inc. | Reduce -42.4% | 0.28% | −0.18 |
| FAF First American Financial | Reduce -65.3% | 0.07% | −0.18 |
| PMTS Cpi Card Group Inc. | Sold out | 0.00% | −0.15 |
| TPB Turning Point Brands Inc. | Reduce -63.2% | 0.09% | −0.14 |
| RS Reliance Inc. | Reduce -80.0% | 0.03% | −0.12 |
| APT Alpha Pro Tech Ltd. | Sold out | 0.00% | −0.12 |
| MAN Manpowergroup Inc. | Sold out | 0.00% | −0.11 |
| ORLY O'reilly Automotive Inc. | Reduce -0.9% | 0.43% | −0.11 |
| GPN Global Payments Inc. | Reduce -48.3% | 0.06% | −0.11 |
| FICO Fair Isaac Corp. | Reduce -12.6% | 0.29% | −0.11 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.10 |
| NFG National Fuel Gas Co. | Reduce -29.9% | 0.17% | −0.10 |
| SOLV Solventum Corp. | Reduce -1.4% | 0.51% | −0.10 |
| HALO Halozyme Therapeutics Inc. | Reduce -1.8% | 0.20% | −0.09 |
| LHX L3HARRIS Technologies Inc. | Reduce -31.2% | 0.22% | −0.09 |
| BJ Bj's Wholesale Club Holdings | Reduce -26.5% | 0.13% | −0.09 |
| DECK Deckers Outdoor Corp. | Reduce -66.2% | 0.03% | −0.09 |
| LNTH Lantheus Holdings Inc. | Reduce -1.8% | 0.20% | −0.09 |
| TSCO Tractor Supply Company | Reduce -1.3% | 0.34% | −0.08 |
| FDS Factset Research Systems Inc. | Reduce -1.4% | 0.39% | −0.08 |
| GDYN Grid Dynamics Holdings Inc. | Reduce -1.0% | 0.13% | −0.08 |
| IT Gartner Inc. | Reduce -1.6% | 0.33% | −0.08 |
| CNR Core Natural Resources Inc. | Reduce -1.5% | 0.25% | −0.08 |
| PEN Penumbra Inc. | Reduce -0.4% | 0.33% | −0.08 |
| SRPT Sarepta Therapeutics Inc. | Reduce -0.9% | 0.02% | −0.08 |
| ALSN Allison Transmission Holding | Reduce -6.3% | 0.28% | −0.07 |
| GTN Gray Media Inc. | Sold out | 0.00% | −0.07 |
| KE Kimball Electronics Inc. | Sold out | 0.00% | −0.07 |
| RELX Relx PLC - Spon ADR | Sold out | 0.00% | −0.07 |
| LMAT Lemaitre Vascular Inc. | Reduce -2.9% | 0.32% | −0.07 |
| CSGP Costar Group Inc. | Reduce -1.4% | 0.38% | −0.07 |
| TGLS Tecnoglass Holdings Inc. | Reduce -39.5% | 0.08% | −0.07 |
| BCC Boise Cascade Co. | Reduce -1.0% | 0.19% | −0.06 |
| EXLS Exlservice Holdings Inc. | Reduce -26.8% | 0.09% | −0.06 |
| CRAI Cra International Inc. | Reduce -8.6% | 0.33% | −0.06 |
| FONR Fonar Corp. | Sold out | 0.00% | −0.06 |
| THG Hanover Insurance Group Inc./ | Reduce -3.7% | 0.24% | −0.06 |
| HWKN Hawkins Inc. | Reduce -38.5% | 0.13% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +4.4% | 3.16% | +0.72 |
| HEI Heico Corp. | Add +287.5% | 0.92% | +0.69 |
| NRG NRG Energy Inc. | New | 0.60% | +0.60 |
| ACM Aecom | New | 0.48% | +0.48 |
| RMD Resmed Inc. | Add +104.7% | 0.92% | +0.46 |
| FFIV F5 Inc. | Add +137.1% | 0.83% | +0.46 |
| CHTR Charter Communications Inc. Class A | New | 0.45% | +0.45 |
| FISV Fiserv Inc. | New | 0.40% | +0.40 |
| MO Altria Group Inc. | Add +201.8% | 0.67% | +0.40 |
| AVGO Broadcom Inc. | Add +2.3% | 1.16% | +0.35 |
| PLTR Palantir Technologies Inc. Class A | Add +2.7% | 1.00% | +0.29 |
| ANET Arista Networks Inc. | Add +21.0% | 0.92% | +0.24 |
| MSFT Microsoft Corp. | Add +5.2% | 1.53% | +0.24 |
| DORM Dorman Products Inc. | New | 0.23% | +0.23 |
| TMO Thermo Fisher Scientific Inc. | Add +134.2% | 0.56% | +0.22 |
| GHC Graham Holdings Co. Class B | Add +675.7% | 0.25% | +0.21 |
| META Meta Platforms Inc. Class A | Add +3.8% | 1.81% | +0.21 |
| HRL Hormel Foods Corp. | Add +113.2% | 0.46% | +0.20 |
| CPRX Catalyst Pharmaceuticals Inc. | Add +261.7% | 0.30% | +0.19 |
| APH Amphenol Corp. Class A | Add +41.5% | 0.40% | +0.18 |
| AAPL Apple Inc. | Add +41.1% | 1.73% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +41.4% | 0.61% | +0.16 |
| CSCO Cisco Systems Inc. | Add +47.6% | 0.53% | +0.16 |
| CTSH Cognizant Tech Solutions-A | Add +77.7% | 0.44% | +0.16 |
| SYK Stryker Corp. | Add +62.8% | 0.46% | +0.15 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.15% | +0.15 |
| CACI Caci International Inc. Class A | New | 0.14% | +0.14 |
| PANW Palo Alto Networks Inc. | Add +22.5% | 0.68% | +0.14 |
| COR Cencora Inc. | Add +50.1% | 0.48% | +0.13 |
| ORCL Oracle Corp. | Add +4.2% | 0.47% | +0.13 |
| AGX Argan Inc. | New | 0.12% | +0.12 |
| XOM Exxon Mobil Corp. | Add +73.8% | 0.45% | +0.11 |
| ABT Abbott Laboratories | Add +36.7% | 0.67% | +0.11 |
| APP AppLovin Corp. Class A | Add +2.7% | 0.81% | +0.11 |
| VICI Vici Properties Inc. | Add +40.7% | 0.66% | +0.11 |
| PLXS Plexus Corp. | New | 0.10% | +0.10 |
| FOXA Fox Corp. Class A | Add +49.0% | 0.46% | +0.09 |
| PSMT Pricesmart Inc. | New | 0.09% | +0.09 |
| ZS Zscaler Inc. | Add +2.6% | 0.30% | +0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +2.4% | 0.40% | +0.08 |
| ACH Accendra Health Inc. | Add +271.9% | 0.12% | +0.08 |
| LZB La-Z-Boy Inc. | New | 0.08% | +0.08 |
| SNOW Snowflake Inc. | Add +2.6% | 0.31% | +0.08 |
| VZ Verizon Communications Inc. | Add +41.6% | 0.59% | +0.08 |
| SPGI S&P Global Inc. | Add +24.3% | 0.78% | +0.07 |
| EYE National Vision Holdings Inc. | Add +45.1% | 0.12% | +0.07 |
| INTU Intuit Inc. | Add +1.1% | 0.67% | +0.06 |
| NOW ServiceNow Inc. | Add +1.3% | 0.61% | +0.06 |
| THRM Gentherm Inc. | Add +126.7% | 0.12% | +0.06 |
| MYRG MYR Group Inc./Delaware | Add +0.7% | 0.23% | +0.06 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 542 | $1.2B | NVDA, GOOGL, AVGO, ANET, AAPL |
| Q1 2026 | 530 | $1.0B | NVDA, GOOGL, AAPL, AVGO, ANET |
| Q4 2025 | 485 | $986.6M | NVDA, AAPL, META, APP, MSFT |
| Q3 2025 | 483 | $988.2M | NVDA, AAPL, META, APP, MSFT |
| Q2 2025 | 478 | $908.1M | NVDA, META, AAPL, MSFT, AVGO |
| Q1 2025 | 460 | $772.5M | NVDA, META, AAPL, MSFT, CORT |
| Q4 2024 | 469 | $789.0M | NVDA, AAPL, META, MSFT, AVGO |
| Q3 2024 | 465 | $731.9M | NVDA, AAPL, META, MSFT, AVGO |
| Q2 2024 | 446 | $647.2M | NVDA, AAPL, META, MSFT, LLY |
| Q1 2024 | 453 | $622.5M | NVDA, META, AVGO, CRM, LLY |