LM Advisors LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 26, 2025), LM Advisors LLC reported 185 stock positions worth $554.8 million. Its top holding was Amazon.com (AMZN) at 9.6% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 7.5%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.2%). Compared with Q3 2024, it opened 29 new positions, sold out of 14, added to 68 and reduced 55. The biggest buy was a new position in Coinbase Global and the biggest sale Apple (AAPL, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0002011314
- Portfolio Value
- $554.8M (Q4 2024)
- SEC Filing
- 0002011314-25-000001 ↗ filed Feb 26, 2025
Holdings Value
Holdings 185 stocks · $554.8M
| AMZN Amazon.com Inc. | 9.63% | 243,567 | $53.4M | Add +0.5% |
| VOO Vanguard S&P 500 ETF | 7.50% | 77,219 | $41.6M | Add +5.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.17% | 58,179 | $34.2M | Add +1.4% |
| OMFL Invesco Russell 1000 DYN M/F | 6.11% | 625,537 | $33.9M | Add +7.8% |
| GOOG Alphabet Inc. Class C | 4.62% | 134,579 | $25.6M | Reduce -1.0% |
| AAPL Apple Inc. | 4.39% | 97,203 | $24.3M | Reduce -8.8% |
| VIG Vanguard Dividend Apprec ETF | 3.31% | 93,633 | $18.3M | Add +10.0% |
| COINBASE GLOBAL INC | 3.24% | 60,000 | $18.0M | New |
| QQQ Invesco QQQ Trust Series 1 | 2.81% | 30,497 | $15.6M | Reduce -0.4% |
| MSFT Microsoft Corp. | 2.79% | 36,704 | $15.5M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.86% | 35,680 | $10.3M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 1.68% | 49,172 | $9.3M | Reduce -1.5% |
| RSP Invesco S&P 500 Equal Weight | 1.62% | 51,259 | $9.0M | Add +25.7% |
| VHT Vanguard Health Care ETF | 1.51% | 32,990 | $8.4M | Add +17.6% |
| META Meta Platforms Inc. Class A | 1.42% | 13,430 | $7.9M | Reduce -2.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.23% | 10 | $6.8M | Reduce -9.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.18% | 14,410 | $6.5M | Add +0.6% |
| CRM Salesforce Inc. | 1.05% | 17,378 | $5.8M | Add +13.0% |
| BSV Vanguard Short-Term Bond ETF | 1.04% | 74,684 | $5.8M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.04% | 13,479 | $5.8M | Add +2.0% |
| LLY Eli Lilly & Co. | 0.85% | 6,138 | $4.7M | Add +25.7% |
| COST Costco Wholesale Corp. | 0.80% | 4,837 | $4.4M | Add +183.2% |
| FFEB FT Vest US Equity Buffer ETF | 0.79% | 87,558 | $4.4M | Add +9.2% |
| IHI iShares U.S. Medical Devices | 0.78% | 74,285 | $4.3M | Add +4.4% |
| NVDA Nvidia Corp. | 0.76% | 31,461 | $4.2M | Reduce 0.0% |
| YSEP FT VST Int Eq MB ETF-Usd Inc. | 0.75% | 192,142 | $4.2M | Reduce -5.5% |
| VNQ Vanguard Real Estate ETF | 0.74% | 45,790 | $4.1M | Reduce -2.0% |
| XLV SS Health Care Select Sector | 0.69% | 27,900 | $3.8M | Add +2.5% |
| NAC Nuveen Ca QLTY Muni Inc. | 0.69% | 338,613 | $3.8M | Add +1.2% |
| TSLA Tesla Inc. | 0.66% | 9,107 | $3.7M | Reduce -1.1% |
| NAD Nuveen Quality Municipal Inc. | 0.66% | 314,255 | $3.7M | Reduce -3.3% |
| XJUN FT Vest U.S. Equity Enhance | 0.66% | 94,673 | $3.7M | Add +12.3% |
| IEMG iShares Core MSCI Emerging | 0.64% | 68,262 | $3.6M | Add +8.9% |
| AVGO Broadcom Inc. | 0.60% | 14,277 | $3.3M | New |
| VWO Vanguard Ftse Emerging Marke | 0.57% | 71,537 | $3.1M | Add +4.5% |
| WMT Walmart Inc. | 0.56% | 34,020 | $3.1M | Reduce -23.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.53% | 17,302 | $2.9M | Add +28.3% |
| ORCL Oracle Corp. | 0.52% | 17,280 | $2.9M | Add +0.3% |
| SPHD Invesco S&P 500 High Dividen | 0.50% | 57,522 | $2.8M | Reduce -1.7% |
| IAU iShares Gold Trust | 0.47% | 52,347 | $2.6M | Reduce 0.0% |
| UNH Unitedhealth Group Inc. | 0.45% | 4,953 | $2.5M | Add +10.4% |
| GJAN FT Vest US Equity Moderate B | 0.44% | 63,165 | $2.4M | Reduce -1.7% |
| JPM JPMorgan Chase & Co. | 0.43% | 9,902 | $2.4M | Reduce -34.6% |
| V Visa Inc. Class A | 0.42% | 7,399 | $2.3M | Reduce -20.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 51,922 | $2.3M | Add +4.0% |
| ESS Essex Property Trust Inc. | 0.40% | 7,741 | $2.2M | Reduce -1.6% |
| PLTR Palantir Technologies Inc. Class A | 0.39% | 28,958 | $2.2M | Reduce -31.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.39% | 28,244 | $2.1M | Reduce -5.2% |
| SOXL Direx Dail Semi Bu 3X Et-Usd | 0.37% | 75,200 | $2.1M | Add +667.4% |
| GS Goldman Sachs Group Inc. | 0.37% | 3,572 | $2.0M | Add +5.9% |
| MRK Merck & Co. Inc. | 0.36% | 20,046 | $2.0M | Add +63.6% |
| HD Home Depot Inc. | 0.36% | 5,095 | $2.0M | Add +111.6% |
| SOFI Sofi Technologies Inc. | 0.35% | 127,805 | $2.0M | Reduce -3.5% |
| QCOM Qualcomm Inc. | 0.34% | 12,453 | $1.9M | Add +16.4% |
| BYM BlackRock Muni Inc. QLTY | 0.33% | 170,496 | $1.9M | Add +7.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 8,358 | $1.8M | Add +231.7% |
| IVV iShares Core S&P 500 ETF | 0.33% | 3,106 | $1.8M | Add +2.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.32% | 25,344 | $1.8M | Add +9.0% |
| JNJ Johnson & Johnson | 0.32% | 12,245 | $1.8M | Add +54.3% |
| EWJ iShares MSCI Japan ETF | 0.32% | 26,365 | $1.8M | Add +1.7% |
| OBDE Blue Owl Capital Corp. III | 0.31% | 118,331 | $1.7M | New |
| MDY State Street SPDR S&P Midcap | 0.29% | 2,829 | $1.6M | Add +25.6% |
| MA Mastercard Inc. Class A | 0.29% | 3,053 | $1.6M | Reduce -37.0% |
| VGT Vanguard Info Tech ETF | 0.28% | 2,484 | $1.5M | Reduce -0.0% |
| XLF SS Financial Select Sector | 0.28% | 31,836 | $1.5M | Add +13.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.27% | 13,508 | $1.5M | Reduce -0.7% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.27% | 71,174 | $1.5M | Reduce -22.8% |
| TMO Thermo Fisher Scientific Inc. | 0.27% | 2,824 | $1.5M | Reduce -12.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 13,052 | $1.5M | Reduce -3.0% |
| MCD McDonald's Corp. | 0.26% | 5,029 | $1.5M | Add +149.0% |
| YMAR FT VT Int Equ M B- Mar-US I | 0.25% | 59,743 | $1.4M | Add +19.6% |
| DGRW Wisdomtree U.S. Quality Divi | 0.23% | 15,843 | $1.3M | Add +8.7% |
| PYPL PayPal Holdings Inc. | 0.23% | 14,705 | $1.3M | Add +27.4% |
| PG The Procter & Gamble Co. | 0.22% | 7,424 | $1.2M | Add +236.8% |
| EMR Emerson Electric Co. | 0.21% | 9,617 | $1.2M | New |
| C Citigroup Inc. | 0.21% | 16,681 | $1.2M | Add +15.1% |
| DRI Darden Restaurants Inc. | 0.20% | 6,067 | $1.1M | New |
| VZ Verizon Communications Inc. | 0.20% | 28,326 | $1.1M | Reduce -9.4% |
| GJUN FT Vest US Equity Moderate B | 0.20% | 31,290 | $1.1M | Add +47.5% |
| GILD Gilead Sciences Inc. | 0.20% | 12,015 | $1.1M | New |
| SBAC SBA Communications Corp. | 0.20% | 5,388 | $1.1M | Reduce -54.3% |
| RSPH Invesco S&P 500 Equal Weight | 0.19% | 36,645 | $1.1M | No change |
| PEP Pepsico Inc. | 0.19% | 6,957 | $1.1M | Add +240.5% |
| PCAR Paccar Inc. | 0.18% | 9,549 | $1.0M | New |
| ADP Automatic Data Processing | 0.18% | 3,334 | $981K | New |
| NEE Nextera Energy Inc. | 0.18% | 13,678 | $981K | Reduce -17.7% |
| TXN Texas Instruments Inc. | 0.17% | 5,172 | $970K | New |
| CMF iShares California Muni Bond | 0.17% | 16,266 | $932K | No change |
| IBB iShares Biotechnology ETF | 0.16% | 6,919 | $915K | Add +3.7% |
| XOM Exxon Mobil Corp. | 0.16% | 8,184 | $880K | Add +11.1% |
| ETN Eaton Corp. PLC | 0.16% | 2,652 | $880K | New |
| BLK BlackRock Inc. | 0.16% | 857 | $879K | Reduce -23.8% |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.16% | 60,555 | $872K | Reduce -29.0% |
| ITW Illinois Tool Works | 0.16% | 3,394 | $866K | New |
| BABA Alibaba Group Holding-SP ADR | 0.15% | 10,079 | $855K | New |
| BX Blackstone Inc. | 0.15% | 4,863 | $838K | Reduce -5.8% |
| UPS United Parcel Service Class B | 0.15% | 6,580 | $830K | New |
| MUST Columbia Multi-Sect Muni Inc. | 0.15% | 40,725 | $827K | Add +2.1% |
| GLD SPDR Gold Shares | 0.15% | 3,399 | $823K | Add +5.1% |
| CME Cme Group Inc. | 0.15% | 3,539 | $822K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,442 | $4.1M | Add +0.6% |
Total filed on the 13F, all lines: $558.9M.
Portfolio Sells Q3 2024 → Q4 2024
| AAPL Apple Inc. | Reduce -8.8% | 4.39% | −0.71 |
| SBAC SBA Communications Corp. | Reduce -54.3% | 0.20% | −0.38 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -9.1% | 1.23% | −0.33 |
| BSCO Invesco Bulletshares 2024 CB | Sold out | 0.00% | −0.31 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.4% | 2.81% | −0.25 |
| JPM JPMorgan Chase & Co. | Reduce -34.6% | 0.43% | −0.23 |
| HUM Humana Inc. | Sold out | 0.00% | −0.22 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.5% | 1.86% | −0.22 |
| META Meta Platforms Inc. Class A | Reduce -2.8% | 1.42% | −0.20 |
| MA Mastercard Inc. Class A | Reduce -37.0% | 0.29% | −0.20 |
| YSEP FT VST Int Eq MB ETF-Usd Inc. | Reduce -5.5% | 0.75% | −0.20 |
| CVX Chevron Corp. | Reduce -57.3% | 0.12% | −0.20 |
| WMT Walmart Inc. | Reduce -23.7% | 0.56% | −0.18 |
| VNQ Vanguard Real Estate ETF | Reduce -2.0% | 0.74% | −0.18 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.17 |
| NAD Nuveen Quality Municipal Inc. | Reduce -3.3% | 0.66% | −0.16 |
| TMO Thermo Fisher Scientific Inc. | Reduce -12.9% | 0.27% | −0.15 |
| MRNA Moderna Inc. | Sold out | 0.00% | −0.13 |
| BMEZ BlackRock HLTH Sci TRM TR II | Reduce -29.0% | 0.16% | −0.12 |
| NEE Nextera Energy Inc. | Reduce -17.7% | 0.18% | −0.11 |
| SPHD Invesco S&P 500 High Dividen | Reduce -1.7% | 0.50% | −0.11 |
| NFLX Netflix Inc. | Reduce -57.7% | 0.09% | −0.10 |
| V Visa Inc. Class A | Reduce -20.1% | 0.42% | −0.10 |
| KLAC KLA Corp. | Reduce -50.0% | 0.05% | −0.10 |
| BSTZ BlackRock Sci & Tech TRM TR | Reduce -22.8% | 0.27% | −0.10 |
| PLD Prologis Inc. | Reduce -50.4% | 0.05% | −0.09 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -5.2% | 0.39% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -9.4% | 0.20% | −0.08 |
| O Realty Income Corp. | Reduce -21.8% | 0.11% | −0.08 |
| MSDL Morgan Stanley Direct Lendin | Reduce -45.2% | 0.08% | −0.08 |
| ESS Essex Property Trust Inc. | Reduce -1.6% | 0.40% | −0.08 |
| PANW Palo Alto Networks Inc. | Reduce -50.6% | 0.07% | −0.08 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.08 |
| IAU iShares Gold Trust | Reduce 0.0% | 0.47% | −0.07 |
| BLK BlackRock Inc. | Reduce -23.8% | 0.16% | −0.06 |
| GJAN FT Vest US Equity Moderate B | Reduce -1.7% | 0.44% | −0.06 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −0.05 |
| IJH iShares Core S&P Midcap ETF | Reduce -23.1% | 0.11% | −0.05 |
| ETHE Grayscale Ethereum Staking E | Sold out | 0.00% | −0.05 |
| GSK GSK PLC-Spon ADR | Sold out | 0.00% | −0.05 |
| BTX BlackRock Tech & Priv Eqty | Sold out | 0.00% | −0.05 |
| CCI Crown Castle Inc. | Sold out | 0.00% | −0.05 |
| BLW BlackRock Ltd. Durat Inc. TR | Sold out | 0.00% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -1.0% | 4.62% | −0.04 |
| DLY Doubleline Yield Opport | Sold out | 0.00% | −0.04 |
| NDMO Nuveen Dynamic Municipal Opp | Reduce -11.7% | 0.10% | −0.04 |
| STWD Starwood Property Trust Inc. | Sold out | 0.00% | −0.04 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.04 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -0.7% | 0.27% | −0.04 |
| ACP Abrdn Income Credit Strat | Reduce -7.4% | 0.11% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| COINBASE GLOBAL INC | New | 3.24% | +3.24 |
| AVGO Broadcom Inc. | New | 0.60% | +0.60 |
| AMZN Amazon.com Inc. | Add +0.5% | 9.63% | +0.52 |
| COST Costco Wholesale Corp. | Add +183.2% | 0.80% | +0.45 |
| OBDE Blue Owl Capital Corp. III | New | 0.31% | +0.31 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | Add +667.4% | 0.37% | +0.30 |
| IBM Intl Business Machines Corp. | Add +231.7% | 0.33% | +0.22 |
| EMR Emerson Electric Co. | New | 0.21% | +0.21 |
| DRI Darden Restaurants Inc. | New | 0.20% | +0.20 |
| GILD Gilead Sciences Inc. | New | 0.20% | +0.20 |
| RSP Invesco S&P 500 Equal Weight | Add +25.7% | 1.62% | +0.19 |
| CRM Salesforce Inc. | Add +13.0% | 1.05% | +0.19 |
| PCAR Paccar Inc. | New | 0.18% | +0.18 |
| ADP Automatic Data Processing | New | 0.18% | +0.18 |
| TXN Texas Instruments Inc. | New | 0.17% | +0.17 |
| ETN Eaton Corp. PLC | New | 0.16% | +0.16 |
| HD Home Depot Inc. | Add +111.6% | 0.36% | +0.16 |
| ITW Illinois Tool Works | New | 0.16% | +0.16 |
| BABA Alibaba Group Holding-SP ADR | New | 0.15% | +0.15 |
| UPS United Parcel Service Class B | New | 0.15% | +0.15 |
| CME Cme Group Inc. | New | 0.15% | +0.15 |
| PG The Procter & Gamble Co. | Add +236.8% | 0.22% | +0.15 |
| MCD McDonald's Corp. | Add +149.0% | 0.26% | +0.14 |
| PEP Pepsico Inc. | Add +240.5% | 0.19% | +0.12 |
| MCHP Microchip Technology Inc. | New | 0.12% | +0.12 |
| AMGN Amgen Inc. | New | 0.12% | +0.12 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +28.3% | 0.53% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +270.9% | 0.14% | +0.09 |
| CAT Caterpillar Inc. | New | 0.08% | +0.08 |
| USMV iShares MSCI USA Min Vol Fac | New | 0.08% | +0.08 |
| MRK Merck & Co. Inc. | Add +63.6% | 0.36% | +0.08 |
| BKR Baker Hughes Co. | New | 0.06% | +0.06 |
| SDVY First Trust Smid Cap Rising | Add +114.4% | 0.14% | +0.06 |
| ETHA iShares Ethereum Trust ETF | New | 0.06% | +0.06 |
| JNJ Johnson & Johnson | Add +54.3% | 0.32% | +0.06 |
| XJUN FT Vest U.S. Equity Enhance | Add +12.3% | 0.66% | +0.05 |
| GJUN FT Vest US Equity Moderate B | Add +47.5% | 0.20% | +0.05 |
| IXJ iShares Global Healthcare Et | New | 0.05% | +0.05 |
| RECS Columbia Resear Enh Cor ETF | Add +37.9% | 0.14% | +0.05 |
| COP Conocophillips | New | 0.05% | +0.05 |
| KBWB Invesco KBW Bank ETF | New | 0.05% | +0.05 |
| FJUN FT Vest US Equity Buff ETF-J | New | 0.04% | +0.04 |
| PYPL PayPal Holdings Inc. | Add +27.4% | 0.23% | +0.04 |
| GM General Motors Co. | New | 0.04% | +0.04 |
| BBJP JPMorgan Betabuilders Japan | New | 0.04% | +0.04 |
| WFC Wells Fargo & Co. | New | 0.04% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.04% | +0.04 |
| LULU Lululemon Athletica Inc. | New | 0.04% | +0.04 |
| MDY State Street SPDR S&P Midcap | Add +25.6% | 0.29% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +5.9% | 0.37% | +0.03 |
Notes & Other Activity Q3 2024 → Q4 2024
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.6% | 3,442 | $4.1M |
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 | 223 | $22.9M | LLY, COST, GS, ASML, LMT |
| Q1 2026 | 211 | $18.0M | COST, VTI, AVGO, BLK, OMFL |
| Q4 2025 | 209 | $25.3M | GOOG, GOOGL, JPM, OMFL, SPY |
| Q3 2025 | 206 | $689.9M | AMZN, VOO, SPY, QQQ, OMFL |
| Q2 2025 | 183 | $772.9M | MSFT, TSLA, AAPL, AMZN, VOO |
| Q1 2025 | 214 | $551.2M | AMZN, VOO, SPY, OMFL, AAPL |
| Q4 2024Amended | 185 | $554.8M | AMZN, VOO, SPY, OMFL, GOOG |
| Q3 2024 | 170 | $487.6M | AMZN, VOO, SPY, OMFL, AAPL |
| Q2 2024 | 171 | $502.0M | AMZN, VOO, OMFL, SPY, GOOG |
| Q1 2024 | 205 | $568.6M | VOO, AMZN, OMFL, SPY, AAPL |