Linden Thomas Advisory Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Linden Thomas Advisory Services, LLC reported 483 stock positions worth $988.2 million. Its top holding was Nvidia (NVDA) at 3.5% of the portfolio, followed by Apple (AAPL, 2.0%) and Meta Platforms Class A (META, 1.7%). Compared with Q2 2025, it opened 14 new positions, sold out of 9, added to 367 and reduced 99. The biggest buy was AppLovin Class A (APP, shares +2%) and the biggest sale an exit from Ansys (ANSS).
- Most Recent 13F
- Q2 2026
- Location
- Charlotte, NC
- CIK
- 0001965702
- Portfolio Value
- $988.2M (Q3 2025)
- SEC Filing
- 0001965702-25-000009 ↗ filed Nov 6, 2025
Holdings Value
Holdings 483 stocks · $988.2M
| NVDA Nvidia Corp. | 3.54% | 187,267 | $34.9M | Add +3.1% |
| AAPL Apple Inc. | 2.03% | 78,851 | $20.1M | Add +3.1% |
| META Meta Platforms Inc. Class A | 1.71% | 22,952 | $16.9M | Add +3.2% |
| APP AppLovin Corp. Class A | 1.56% | 21,388 | $15.4M | Add +1.6% |
| MSFT Microsoft Corp. | 1.53% | 29,098 | $15.1M | Add +4.3% |
| AVGO Broadcom Inc. | 1.29% | 38,634 | $12.7M | Add +1.1% |
| PLTR Palantir Technologies Inc. Class A | 1.26% | 68,139 | $12.4M | Add +2.3% |
| ANET Arista Networks Inc. | 1.24% | 84,316 | $12.3M | Add +3.7% |
| ALAB Astera Labs Inc. | 1.05% | 52,799 | $10.3M | Add +0.4% |
| RMD Resmed Inc. | 0.92% | 33,135 | $9.1M | Add +1.9% |
| HEI Heico Corp. | 0.86% | 26,283 | $8.5M | Add +3.0% |
| FFIV F5 Inc. | 0.86% | 26,192 | $8.5M | Add +2.0% |
| GOOGL Alphabet Inc. Class A | 0.80% | 32,686 | $7.9M | Add +4.0% |
| MA Mastercard Inc. Class A | 0.74% | 12,804 | $7.3M | Add +3.5% |
| NFLX Netflix Inc. | 0.72% | 5,928 | $7.1M | Add +0.6% |
| V Visa Inc. Class A | 0.71% | 20,535 | $7.0M | Add +3.0% |
| MO Altria Group Inc. | 0.71% | 105,869 | $7.0M | Add +2.5% |
| SPGI S&P Global Inc. | 0.68% | 13,790 | $6.7M | Add +2.3% |
| TMO Thermo Fisher Scientific Inc. | 0.65% | 13,203 | $6.4M | Add +4.5% |
| PANW Palo Alto Networks Inc. | 0.65% | 31,422 | $6.4M | Add +3.9% |
| AZO AutoZone Inc. | 0.63% | 1,451 | $6.2M | Add +2.4% |
| GEV GE Vernova Inc. | 0.63% | 10,101 | $6.2M | Add +0.2% |
| ABT Abbott Laboratories | 0.62% | 46,012 | $6.2M | Add +2.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.62% | 187,586 | $6.1M | Add +2.7% |
| CDNS Cadence Design SYS Inc. | 0.59% | 16,631 | $5.8M | Add +2.7% |
| LRCX Lam Research Corp. | 0.58% | 42,450 | $5.7M | Add +1.5% |
| NRG NRG Energy Inc. | 0.57% | 35,042 | $5.7M | Add +3.4% |
| HD Home Depot Inc. | 0.57% | 13,921 | $5.6M | Add +2.0% |
| VZ Verizon Communications Inc. | 0.57% | 127,828 | $5.6M | Add +2.8% |
| ORCL Oracle Corp. | 0.57% | 19,943 | $5.6M | Add +2.1% |
| GILD Gilead Sciences Inc. | 0.54% | 48,274 | $5.4M | Add +1.6% |
| INTU Intuit Inc. | 0.54% | 7,837 | $5.4M | Add +1.5% |
| USLM United States Lime & Mineral | 0.54% | 40,632 | $5.3M | Reduce -0.1% |
| CORT Corcept Therapeutics Inc. | 0.54% | 63,905 | $5.3M | Add +0.5% |
| NOW ServiceNow Inc. | 0.53% | 5,688 | $5.2M | Add +4.9% |
| ACM Aecom | 0.53% | 39,956 | $5.2M | Add +3.4% |
| TMUS T-Mobile US Inc. | 0.52% | 21,589 | $5.2M | Add +4.4% |
| CRM Salesforce Inc. | 0.51% | 21,441 | $5.1M | Add +2.1% |
| IDXX Idexx Laboratories Inc. | 0.51% | 7,825 | $5.0M | Add +0.4% |
| KLAC KLA Corp. | 0.50% | 4,616 | $5.0M | Add +6.5% |
| ISRG Intuitive Surgical Inc. | 0.50% | 10,943 | $4.9M | Add +2.7% |
| CSCO Cisco Systems Inc. | 0.49% | 71,050 | $4.9M | Add +1.5% |
| ORLY O'reilly Automotive Inc. | 0.49% | 44,836 | $4.8M | Add +2.8% |
| MNST Monster Beverage Corp. | 0.49% | 71,612 | $4.8M | Reduce -0.1% |
| FOXA Fox Corp. Class A | 0.48% | 75,709 | $4.8M | Add +1.9% |
| FTNT Fortinet Inc. | 0.48% | 56,738 | $4.8M | Add +2.5% |
| COR Cencora Inc. | 0.48% | 15,078 | $4.7M | Add +3.2% |
| APH Amphenol Corp. Class A | 0.47% | 37,874 | $4.7M | Add +2.3% |
| WMT Walmart Inc. | 0.47% | 45,424 | $4.7M | Add +3.5% |
| WMB Williams Cos Inc. | 0.47% | 72,693 | $4.6M | Add +3.4% |
| KNSA Kiniksa Pharmaceuticals Inte | 0.46% | 116,040 | $4.5M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.45% | 39,163 | $4.4M | Add +3.4% |
| SOLV Solventum Corp. | 0.45% | 60,338 | $4.4M | Reduce -0.4% |
| TSLA Tesla Inc. | 0.44% | 9,839 | $4.4M | Add +0.2% |
| LMT Lockheed Martin Corp. | 0.44% | 8,663 | $4.3M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 8,584 | $4.3M | Add +2.8% |
| SYK Stryker Corp. | 0.41% | 10,995 | $4.1M | Add +3.3% |
| KR Kroger Co. | 0.40% | 58,100 | $3.9M | Add +3.4% |
| MPWR Monolithic Power Systems Inc. | 0.39% | 4,204 | $3.9M | Add +0.7% |
| LII Lennox International Inc. | 0.39% | 7,283 | $3.9M | Add +0.3% |
| MTSI Macom Technology Solutions H | 0.39% | 30,690 | $3.8M | Reduce -0.3% |
| COST Costco Wholesale Corp. | 0.39% | 4,118 | $3.8M | Add +3.4% |
| LLY Eli Lilly & Co. | 0.38% | 4,968 | $3.8M | Add +0.9% |
| GLW Corning Inc. | 0.38% | 45,567 | $3.7M | Add +0.7% |
| VEEV Veeva Systems Inc. Class A | 0.38% | 12,444 | $3.7M | Add +0.3% |
| NVT Nvent Electric PLC | 0.37% | 37,430 | $3.7M | Add +1.1% |
| AMD Advanced Micro Devices | 0.37% | 22,691 | $3.7M | Add +3.9% |
| CSGP Costar Group Inc. | 0.37% | 43,207 | $3.6M | Reduce -0.3% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.36% | 7,298 | $3.6M | Add +2.4% |
| CTSH Cognizant Tech Solutions-A | 0.36% | 53,189 | $3.6M | Add +3.4% |
| HRL Hormel Foods Corp. | 0.36% | 143,199 | $3.5M | Add +3.4% |
| PAYX Paychex Inc. | 0.35% | 27,602 | $3.5M | Add +3.4% |
| JXN Jackson Financial Inc. Class A | 0.35% | 33,758 | $3.4M | Reduce -0.1% |
| CRAI Cra International Inc. | 0.34% | 16,061 | $3.3M | Add +0.9% |
| TSCO Tractor Supply Company | 0.34% | 58,553 | $3.3M | Reduce -0.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.33% | 8,419 | $3.3M | Add +3.2% |
| CHE Chemed Corp. | 0.33% | 7,352 | $3.3M | Reduce -0.6% |
| LOW Lowe's Cos Inc. | 0.32% | 12,588 | $3.2M | Add +3.8% |
| COLB Columbia Banking System Inc. | 0.32% | 121,972 | $3.1M | Add +66.5% |
| GRMN Garmin Ltd. | 0.31% | 12,595 | $3.1M | Add +0.9% |
| ZBRA Zebra Technologies Corp. Class A | 0.31% | 10,396 | $3.1M | Reduce -0.5% |
| LMAT Lemaitre Vascular Inc. | 0.31% | 34,991 | $3.1M | Add +1.3% |
| ABBV Abbvie Inc. | 0.31% | 13,100 | $3.0M | Add +1.2% |
| QCOM Qualcomm Inc. | 0.30% | 17,986 | $3.0M | Add +4.3% |
| EME Emcor Group Inc. | 0.30% | 4,591 | $3.0M | Add +1.3% |
| LGND Ligand Pharmaceuticals | 0.30% | 16,806 | $3.0M | Add +0.1% |
| ULTA Ulta Beauty Inc. | 0.30% | 5,431 | $3.0M | Add +0.2% |
| BX Blackstone Inc. | 0.30% | 17,347 | $3.0M | Add +1.4% |
| GHC Graham Holdings Co. Class B | 0.30% | 2,516 | $3.0M | Add +3.6% |
| AMAT Applied Materials Inc. | 0.30% | 14,457 | $3.0M | Add +2.4% |
| PEN Penumbra Inc. | 0.30% | 11,602 | $2.9M | Add +0.0% |
| FIVE Five Below | 0.29% | 18,707 | $2.9M | Reduce -0.2% |
| MATX Matson Inc. | 0.29% | 29,347 | $2.9M | Add +1.3% |
| SNOW Snowflake Inc. | 0.29% | 12,797 | $2.9M | Add +2.1% |
| GD General Dynamics Corp. | 0.29% | 8,386 | $2.9M | Add +0.7% |
| CHTR Charter Communications Inc. Class A | 0.29% | 10,356 | $2.8M | Add +3.3% |
| FISV Fiserv Inc. | 0.29% | 22,065 | $2.8M | Add +3.5% |
| KMI Kinder Morgan Inc. | 0.29% | 100,240 | $2.8M | Add +1.0% |
| ADI Analog Devices Inc. | 0.29% | 11,512 | $2.8M | Add +2.2% |
| GLD SPDR Gold Shares | 0.29% | 7,932 | $2.8M | Add +7.6% |
Portfolio Sells Q2 2025 → Q3 2025
| ANSS Ansys Inc. | Sold out | 0.00% | −0.25 |
| FDS Factset Research Systems Inc. | Reduce -0.9% | 0.23% | −0.16 |
| IT Gartner Inc. | Reduce -0.7% | 0.20% | −0.14 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.12 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.12 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.12 |
| MTSI Macom Technology Solutions H | Reduce -0.3% | 0.39% | −0.10 |
| TW Tradeweb Markets Inc. Class A | Reduce -0.8% | 0.16% | −0.07 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −0.07 |
| CHE Chemed Corp. | Reduce -0.6% | 0.33% | −0.06 |
| SOLV Solventum Corp. | Reduce -0.4% | 0.45% | −0.06 |
| MORN Morningstar Inc. | Reduce -1.1% | 0.12% | −0.06 |
| TYL Tyler Technologies Inc. | Reduce -1.0% | 0.23% | −0.06 |
| GDYN Grid Dynamics Holdings Inc. | Reduce -0.1% | 0.08% | −0.05 |
| JKHY Jack Henry & Associates Inc. | Reduce -1.2% | 0.14% | −0.05 |
| TDG Transdigm Group Inc. | Reduce -0.4% | 0.17% | −0.04 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -0.5% | 0.31% | −0.04 |
| FIZZ National Beverage Corp. | Reduce -0.8% | 0.14% | −0.04 |
| SLAB Silicon Laboratories Inc. | Reduce -0.9% | 0.16% | −0.04 |
| CPRT Copart Inc. | Reduce -0.3% | 0.17% | −0.03 |
| SEIC Sei Investments Company | Reduce -0.9% | 0.19% | −0.03 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.03 |
| VVV Valvoline Inc. | Reduce -0.1% | 0.18% | −0.03 |
| NZF Nuveen Municipal Credit Inc. | Sold out | 0.00% | −0.03 |
| ASIX Advansix Inc. | Sold out | 0.00% | −0.03 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.03 |
| LSTR Landstar System Inc. | Reduce -0.8% | 0.10% | −0.02 |
| VRSN Verisign Inc. | Reduce -0.8% | 0.18% | −0.02 |
| DPZ Domino's Pizza Inc. | Reduce -0.4% | 0.14% | −0.02 |
| ELV Elevance Health Inc. | Reduce -0.3% | 0.06% | −0.02 |
| SRCE 1ST Source Corp. | Reduce -0.1% | 0.17% | −0.02 |
| CACC Credit Acceptance Corp. | Reduce -0.2% | 0.08% | −0.02 |
| CSGP Costar Group Inc. | Reduce -0.3% | 0.37% | −0.01 |
| SFNC Simmons First Natl Corp. Class A | Reduce -0.1% | 0.14% | −0.01 |
| ROL Rollins Inc. | Reduce -0.9% | 0.18% | −0.01 |
| INFA Informatica Inc. Class A | Reduce -1.0% | 0.13% | −0.01 |
| CBOE Cboe Global Markets Inc. | Reduce -0.8% | 0.23% | −0.01 |
| MANH Manhattan Associates Inc. | Reduce -1.1% | 0.13% | −0.01 |
| DE Deere & Co. | Reduce -10.3% | 0.02% | −0.01 |
| MNST Monster Beverage Corp. | Reduce -0.1% | 0.49% | −0.01 |
| RS Reliance Inc. | Reduce -0.7% | 0.02% | −0.01 |
| TRMB Trimble Inc. | Reduce -0.9% | 0.22% | −0.00 |
| USNA Usana Health Sciences Inc. | Reduce -1.0% | 0.02% | −0.00 |
| TSCO Tractor Supply Company | Reduce -0.4% | 0.34% | −0.00 |
| UGI Ugi Corp. | Reduce -0.9% | 0.02% | −0.00 |
| FORM Formfactor Inc. | Reduce -0.1% | 0.15% | −0.00 |
| AVY Avery Dennison Corp. | Reduce -1.0% | 0.02% | −0.00 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Reduce -1.0% | 0.02% | −0.00 |
| RSG Republic Services Inc. | Reduce -1.1% | 0.02% | −0.00 |
| KFY Korn Ferry | Reduce -1.0% | 0.02% | −0.00 |
Portfolio Buys Q2 2025 → Q3 2025
| APP AppLovin Corp. Class A | Add +1.6% | 1.56% | +0.74 |
| ALAB Astera Labs Inc. | Add +0.4% | 1.05% | +0.52 |
| NVDA Nvidia Corp. | Add +3.1% | 3.54% | +0.38 |
| ANET Arista Networks Inc. | Add +3.7% | 1.24% | +0.33 |
| AAPL Apple Inc. | Add +3.1% | 2.03% | +0.30 |
| PLTR Palantir Technologies Inc. Class A | Add +2.3% | 1.26% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 0.80% | +0.19 |
| PSKY Paramount Skydance Class B | New | 0.16% | +0.16 |
| AVGO Broadcom Inc. | Add +1.1% | 1.29% | +0.13 |
| COLB Columbia Banking System Inc. | Add +66.5% | 0.32% | +0.13 |
| LRCX Lam Research Corp. | Add +1.5% | 0.58% | +0.13 |
| GLW Corning Inc. | Add +0.7% | 0.38% | +0.12 |
| TSLA Tesla Inc. | Add +0.2% | 0.44% | +0.10 |
| ORCL Oracle Corp. | Add +2.1% | 0.57% | +0.10 |
| SNPS Synopsys Inc. | Add +106.1% | 0.21% | +0.10 |
| LGND Ligand Pharmaceuticals | Add +0.1% | 0.30% | +0.09 |
| REZI Resideo Technologies Inc. | Add +4.4% | 0.19% | +0.09 |
| TMO Thermo Fisher Scientific Inc. | Add +4.5% | 0.65% | +0.08 |
| KLAC KLA Corp. | Add +6.5% | 0.50% | +0.08 |
| NVT Nvent Electric PLC | Add +1.1% | 0.37% | +0.07 |
| APH Amphenol Corp. Class A | Add +2.3% | 0.47% | +0.07 |
| P Everpure Inc. Class A | Add +6.2% | 0.21% | +0.06 |
| HALO Halozyme Therapeutics Inc. | Add +0.0% | 0.26% | +0.06 |
| ORLY O'reilly Automotive Inc. | Add +2.8% | 0.49% | +0.06 |
| MPWR Monolithic Power Systems Inc. | Add +0.7% | 0.39% | +0.06 |
| FIX Comfort Systems USA Inc. | Add +5.7% | 0.16% | +0.05 |
| NSSC Napco Security Technologies | Add +4.1% | 0.19% | +0.05 |
| AZO AutoZone Inc. | Add +2.4% | 0.63% | +0.05 |
| DORM Dorman Products Inc. | Add +4.2% | 0.28% | +0.05 |
| ACM Aecom | Add +3.4% | 0.53% | +0.05 |
| GHC Graham Holdings Co. Class B | Add +3.6% | 0.30% | +0.05 |
| IDXX Idexx Laboratories Inc. | Add +0.4% | 0.51% | +0.05 |
| ABBV Abbvie Inc. | Add +1.2% | 0.31% | +0.04 |
| CDNS Cadence Design SYS Inc. | Add +2.7% | 0.59% | +0.04 |
| GEV GE Vernova Inc. | Add +0.2% | 0.63% | +0.04 |
| MO Altria Group Inc. | Add +2.5% | 0.71% | +0.04 |
| GLD SPDR Gold Shares | Add +7.6% | 0.29% | +0.04 |
| EME Emcor Group Inc. | Add +1.3% | 0.30% | +0.03 |
| AAMI Acadian Asset Management Inc. | Add +4.4% | 0.14% | +0.03 |
| AMR Alpha Metallurgical Resource | Add +0.1% | 0.13% | +0.03 |
| MLI Mueller Industries Inc. | Add +2.7% | 0.19% | +0.03 |
| CXT Crane NXT Co. | Add +3.4% | 0.20% | +0.03 |
| AMD Advanced Micro Devices | Add +3.9% | 0.37% | +0.03 |
| HWKN Hawkins Inc. | Add +3.2% | 0.16% | +0.03 |
| PARR Par Pacific Holdings Inc. | Add +0.5% | 0.15% | +0.03 |
| NEM Newmont Corp. | New | 0.03% | +0.03 |
| HPE Hewlett Packard Enterprise | Add +0.7% | 0.28% | +0.03 |
| SLV iShares Silver Trust | Add +7.6% | 0.13% | +0.03 |
| LHX L3HARRIS Technologies Inc. | Add +0.7% | 0.24% | +0.03 |
| IDCC Interdigital Inc. | New | 0.03% | +0.03 |
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 |