LM Advisors LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), LM Advisors LLC reported 214 stock positions worth $551.2 million. Its top holding was Amazon.com (AMZN) at 8.6% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 7.4%) and SS SPDR S&P 500 ETF Trust-US (SPY, 6.4%). Compared with Q4 2024, it opened 36 new positions, sold out of 7, added to 97 and reduced 55. The biggest buy was a new position in Blue Owl Capital (OBDC) and the biggest sale an exit from Coinbase Global.
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0002011314
- Portfolio Value
- $551.2M (Q1 2025)
- SEC Filing
- 0002011314-25-000002 ↗ filed May 13, 2025
Holdings Value
Holdings 214 stocks · $551.2M
| AMZN Amazon.com Inc. | 8.58% | 248,683 | $47.3M | Add +2.1% |
| VOO Vanguard S&P 500 ETF | 7.41% | 79,502 | $40.9M | Add +3.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 6.40% | 63,051 | $35.3M | Add +8.4% |
| OMFL Invesco Russell 1000 DYN M/F | 6.12% | 632,485 | $33.7M | Add +1.1% |
| AAPL Apple Inc. | 4.12% | 102,258 | $22.7M | Add +5.2% |
| GOOG Alphabet Inc. Class C | 3.84% | 135,379 | $21.1M | Add +0.6% |
| VIG Vanguard Dividend Apprec ETF | 3.41% | 96,789 | $18.8M | Add +3.4% |
| QQQ Invesco QQQ Trust Series 1 | 2.87% | 33,748 | $15.8M | Add +10.7% |
| MSFT Microsoft Corp. | 2.75% | 40,432 | $15.2M | Add +10.2% |
| RSP Invesco S&P 500 Equal Weight | 1.89% | 60,236 | $10.4M | Add +17.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.74% | 34,892 | $9.6M | Reduce -2.2% |
| VHT Vanguard Health Care ETF | 1.59% | 33,071 | $8.8M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 1.57% | 55,903 | $8.6M | Add +13.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.45% | 10 | $8.0M | No change |
| META Meta Platforms Inc. Class A | 1.45% | 13,851 | $8.0M | Add +3.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.42% | 14,721 | $7.8M | Add +2.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.11% | 14,591 | $6.1M | Add +8.3% |
| BSV Vanguard Short-Term Bond ETF | 1.06% | 74,684 | $5.8M | No change |
| NVDA Nvidia Corp. | 0.89% | 45,124 | $4.9M | Add +43.4% |
| LLY Eli Lilly & Co. | 0.88% | 5,878 | $4.9M | Reduce -4.2% |
| CRM Salesforce Inc. | 0.86% | 17,585 | $4.7M | Add +1.2% |
| COST Costco Wholesale Corp. | 0.83% | 4,820 | $4.6M | Reduce -0.3% |
| YSEP FT VST Int Eq MB ETF-Usd Inc. | 0.81% | 195,280 | $4.4M | Add +1.6% |
| FFEB FT Vest US Equity Buffer ETF | 0.79% | 88,848 | $4.3M | Add +1.5% |
| IHI iShares U.S. Medical Devices | 0.77% | 70,962 | $4.3M | Reduce -4.5% |
| XLV SS Health Care Select Sector | 0.71% | 26,667 | $3.9M | Reduce -4.4% |
| VNQ Vanguard Real Estate ETF | 0.70% | 42,814 | $3.9M | Reduce -6.5% |
| NAC Nuveen Ca QLTY Muni Inc. | 0.69% | 337,913 | $3.8M | Reduce -0.2% |
| IEMG iShares Core MSCI Emerging | 0.68% | 69,469 | $3.7M | Add +1.8% |
| XJUN FT Vest U.S. Equity Enhance | 0.66% | 94,380 | $3.6M | Reduce -0.3% |
| NAD Nuveen Quality Municipal Inc. | 0.64% | 308,249 | $3.6M | Reduce -1.9% |
| WMT Walmart Inc. | 0.61% | 38,581 | $3.4M | Add +13.4% |
| IAU iShares Gold Trust | 0.60% | 56,142 | $3.3M | Add +7.3% |
| VWO Vanguard Ftse Emerging Marke | 0.58% | 70,976 | $3.2M | Reduce -0.8% |
| AVGO Broadcom Inc. | 0.57% | 18,697 | $3.1M | Add +31.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.54% | 17,232 | $3.0M | Reduce -0.4% |
| TSLA Tesla Inc. | 0.53% | 11,249 | $2.9M | Add +23.5% |
| SPHD Invesco S&P 500 High Dividen | 0.53% | 58,022 | $2.9M | Add +0.9% |
| V Visa Inc. Class A | 0.47% | 7,448 | $2.6M | Add +0.7% |
| MA Mastercard Inc. Class A | 0.46% | 4,600 | $2.5M | Add +50.7% |
| JPM JPMorgan Chase & Co. | 0.44% | 9,951 | $2.4M | Add +0.5% |
| MRK Merck & Co. Inc. | 0.44% | 26,948 | $2.4M | Add +34.4% |
| MDY State Street SPDR S&P Midcap | 0.44% | 4,514 | $2.4M | Add +59.6% |
| PLTR Palantir Technologies Inc. Class A | 0.43% | 28,382 | $2.4M | Reduce -2.0% |
| ETN Eaton Corp. PLC | 0.42% | 8,569 | $2.3M | Add +223.1% |
| GJAN FT Vest US Equity Moderate B | 0.42% | 61,805 | $2.3M | Reduce -2.1% |
| JNJ Johnson & Johnson | 0.42% | 13,976 | $2.3M | Add +14.1% |
| ORCL Oracle Corp. | 0.42% | 16,497 | $2.3M | Reduce -4.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.41% | 28,744 | $2.3M | Add +1.8% |
| GS Goldman Sachs Group Inc. | 0.39% | 3,978 | $2.2M | Add +11.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 51,425 | $2.1M | Reduce -1.0% |
| ESS Essex Property Trust Inc. | 0.39% | 6,927 | $2.1M | Reduce -10.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.38% | 27,402 | $2.1M | Add +8.1% |
| EWJ iShares MSCI Japan ETF | 0.37% | 30,138 | $2.1M | Add +14.3% |
| QCOM Qualcomm Inc. | 0.35% | 12,476 | $1.9M | Add +0.2% |
| BYM BlackRock Muni Inc. QLTY | 0.32% | 164,844 | $1.8M | Reduce -3.3% |
| OBDC Blue Owl Capital Corp. | 0.32% | 120,161 | $1.8M | New |
| XLF SS Financial Select Sector | 0.32% | 35,133 | $1.8M | Add +10.4% |
| HD Home Depot Inc. | 0.31% | 4,717 | $1.7M | Reduce -7.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 6,699 | $1.7M | Reduce -19.9% |
| SOFI Sofi Technologies Inc. | 0.29% | 139,627 | $1.6M | Add +9.3% |
| UNH Unitedhealth Group Inc. | 0.29% | 3,017 | $1.6M | Reduce -39.1% |
| IVV iShares Core S&P 500 ETF | 0.28% | 2,766 | $1.6M | Reduce -10.9% |
| DGRW Wisdomtree U.S. Quality Divi | 0.28% | 19,031 | $1.5M | Add +20.1% |
| GILD Gilead Sciences Inc. | 0.28% | 13,533 | $1.5M | Add +12.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.27% | 13,572 | $1.5M | Add +0.5% |
| MSDL Morgan Stanley Direct Lendin | 0.26% | 72,757 | $1.5M | Add +236.1% |
| MCD McDonald's Corp. | 0.26% | 4,594 | $1.4M | Reduce -8.7% |
| YMAR FT VT Int Equ M B- Mar-US I | 0.26% | 59,743 | $1.4M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 2,822 | $1.4M | Reduce -0.1% |
| VGT Vanguard Info Tech ETF | 0.25% | 2,587 | $1.4M | Add +4.2% |
| BABA Alibaba Group Holding-SP ADR | 0.25% | 10,219 | $1.4M | Add +1.4% |
| RECS Columbia Resear Enh Cor ETF | 0.24% | 39,555 | $1.3M | Add +74.4% |
| ABT Abbott Laboratories | 0.24% | 9,868 | $1.3M | Add +103.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 12,987 | $1.3M | Reduce -0.5% |
| C Citigroup Inc. | 0.23% | 17,734 | $1.3M | Add +6.3% |
| MSI Motorola Solutions Inc. | 0.22% | 2,827 | $1.2M | New |
| VZ Verizon Communications Inc. | 0.22% | 27,214 | $1.2M | Reduce -3.9% |
| AMT American Tower Corp. | 0.22% | 5,459 | $1.2M | Add +172.7% |
| SBAC SBA Communications Corp. | 0.22% | 5,391 | $1.2M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.21% | 6,925 | $1.2M | Reduce -6.7% |
| GJUN FT Vest US Equity Moderate B | 0.20% | 31,290 | $1.1M | No change |
| DRI Darden Restaurants Inc. | 0.20% | 5,223 | $1.1M | Reduce -13.9% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.19% | 58,366 | $1.0M | Reduce -18.0% |
| RSPH Invesco S&P 500 Equal Weight | 0.19% | 34,471 | $1.0M | Reduce -5.9% |
| FLEX Flex Ltd. | 0.18% | 30,430 | $1.0M | New |
| XOM Exxon Mobil Corp. | 0.18% | 8,259 | $982K | Add +0.9% |
| GLD SPDR Gold Shares | 0.18% | 3,399 | $979K | No change |
| NEE Nextera Energy Inc. | 0.18% | 13,718 | $972K | Add +0.3% |
| LOW Lowe's Cos Inc. | 0.18% | 4,159 | $970K | New |
| RGA Reinsurance Group of America | 0.17% | 4,878 | $960K | New |
| PEP Pepsico Inc. | 0.17% | 6,296 | $944K | Reduce -9.5% |
| SDVY First Trust Smid Cap Rising | 0.17% | 27,514 | $922K | Add +29.9% |
| ADP Automatic Data Processing | 0.16% | 2,972 | $908K | Reduce -10.9% |
| CMF iShares California Muni Bond | 0.16% | 16,003 | $901K | Reduce -1.6% |
| DIVD Altrius Global Dividend ETF | 0.16% | 26,019 | $900K | Add +22.8% |
| AMP Ameriprise Financial Inc. | 0.16% | 1,836 | $889K | New |
| TXN Texas Instruments Inc. | 0.16% | 4,942 | $888K | Reduce -4.5% |
| EMR Emerson Electric Co. | 0.16% | 8,079 | $886K | Reduce -16.0% |
| KO The Coca-Cola Co. | 0.16% | 12,108 | $867K | Add +0.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3,467 | $4.2M | Add +0.7% |
Total filed on the 13F, all lines: $555.4M.
Portfolio Sells Q4 2024 → Q1 2025
| COINBASE GLOBAL INC | Sold out | 0.00% | −3.24 |
| SOXL Direx Dail Semi Bu 3X Et-Usd | Reduce -73.4% | 0.06% | −0.31 |
| OBDE Blue Owl Capital Corp. III | Sold out | 0.00% | −0.31 |
| UNH Unitedhealth Group Inc. | Reduce -39.1% | 0.29% | −0.17 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.2% | 1.74% | −0.12 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.12 |
| ORCL Oracle Corp. | Reduce -4.5% | 0.42% | −0.10 |
| BSTZ BlackRock Sci & Tech TRM TR | Reduce -18.0% | 0.19% | −0.08 |
| PYPL PayPal Holdings Inc. | Reduce -10.6% | 0.16% | −0.07 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.06 |
| EMR Emerson Electric Co. | Reduce -16.0% | 0.16% | −0.05 |
| IVV iShares Core S&P 500 ETF | Reduce -10.9% | 0.28% | −0.05 |
| PCAR Paccar Inc. | Reduce -18.7% | 0.14% | −0.05 |
| HD Home Depot Inc. | Reduce -7.4% | 0.31% | −0.04 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.04 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Reduce -41.0% | 0.05% | −0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.04 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.04 |
| VNQ Vanguard Real Estate ETF | Reduce -6.5% | 0.70% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.5% | 0.23% | −0.03 |
| IBM Intl Business Machines Corp. | Reduce -19.9% | 0.30% | −0.03 |
| BMEZ BlackRock HLTH Sci TRM TR II | Reduce -19.1% | 0.13% | −0.02 |
| BAC Bank of America Corp. | Reduce -1.0% | 0.39% | −0.02 |
| PEP Pepsico Inc. | Reduce -9.5% | 0.17% | −0.02 |
| IIGD Invesco Inv Grade Defensive | Reduce -15.3% | 0.13% | −0.02 |
| GJAN FT Vest US Equity Moderate B | Reduce -2.1% | 0.42% | −0.02 |
| NAD Nuveen Quality Municipal Inc. | Reduce -1.9% | 0.64% | −0.02 |
| CAT Caterpillar Inc. | Reduce -9.6% | 0.07% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -4.5% | 0.16% | −0.01 |
| ESS Essex Property Trust Inc. | Reduce -10.5% | 0.39% | −0.01 |
| NOW ServiceNow Inc. | Reduce -1.1% | 0.04% | −0.01 |
| ADP Automatic Data Processing | Reduce -10.9% | 0.16% | −0.01 |
| BYM BlackRock Muni Inc. QLTY | Reduce -3.3% | 0.32% | −0.01 |
| PFE Pfizer Inc. | Reduce -6.9% | 0.09% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -6.7% | 0.21% | −0.01 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.1% | 0.25% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -2.0% | 0.07% | −0.01 |
| BA The Boeing Co. | Reduce -5.7% | 0.09% | −0.01 |
| IBB iShares Biotechnology ETF | Reduce -2.0% | 0.16% | −0.01 |
| RSPH Invesco S&P 500 Equal Weight | Reduce -5.9% | 0.19% | −0.01 |
| ACP Abrdn Income Credit Strat | Reduce -4.9% | 0.10% | −0.01 |
| DRI Darden Restaurants Inc. | Reduce -13.9% | 0.20% | −0.01 |
| KLAC KLA Corp. | Reduce -20.2% | 0.05% | −0.01 |
| IHI iShares U.S. Medical Devices | Reduce -4.5% | 0.77% | −0.01 |
| CMF iShares California Muni Bond | Reduce -1.6% | 0.16% | −0.00 |
| MUC BlackRock Munihold Ca QLTY | Reduce -6.8% | 0.07% | −0.00 |
| VGK Vanguard Ftse Europe ETF | Reduce -12.9% | 0.09% | −0.00 |
| MCD McDonald's Corp. | Reduce -8.7% | 0.26% | −0.00 |
| PSX Phillips 66 | Reduce -12.6% | 0.04% | −0.00 |
| NDMO Nuveen Dynamic Municipal Opp | Reduce -3.8% | 0.09% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| OBDC Blue Owl Capital Corp. | New | 0.32% | +0.32 |
| RSP Invesco S&P 500 Equal Weight | Add +17.5% | 1.89% | +0.27 |
| ETN Eaton Corp. PLC | Add +223.1% | 0.42% | +0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.2% | 1.42% | +0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +8.4% | 6.40% | +0.23 |
| MSI Motorola Solutions Inc. | New | 0.22% | +0.22 |
| FLEX Flex Ltd. | New | 0.18% | +0.18 |
| MSDL Morgan Stanley Direct Lendin | Add +236.1% | 0.26% | +0.18 |
| LOW Lowe's Cos Inc. | New | 0.18% | +0.18 |
| RGA Reinsurance Group of America | New | 0.17% | +0.17 |
| MA Mastercard Inc. Class A | Add +50.7% | 0.46% | +0.17 |
| AMP Ameriprise Financial Inc. | New | 0.16% | +0.16 |
| BKNG Booking Holdings Inc. | New | 0.15% | +0.15 |
| AMT American Tower Corp. | Add +172.7% | 0.22% | +0.15 |
| MDY State Street SPDR S&P Midcap | Add +59.6% | 0.44% | +0.15 |
| PNC PNC Financial Services Group | New | 0.14% | +0.14 |
| ABT Abbott Laboratories | Add +103.9% | 0.24% | +0.14 |
| CARR Carrier Global Corp. | New | 0.14% | +0.14 |
| CL Colgate-Palmolive Co. | New | 0.13% | +0.13 |
| IAU iShares Gold Trust | Add +7.3% | 0.60% | +0.13 |
| OC Owens Corning | New | 0.13% | +0.13 |
| CDNS Cadence Design SYS Inc. | New | 0.13% | +0.13 |
| NVDA Nvidia Corp. | Add +43.4% | 0.89% | +0.13 |
| AYI Acuity Inc. | New | 0.12% | +0.12 |
| A Agilent Technologies Inc. | New | 0.12% | +0.12 |
| OXY Occidental Petroleum Corp. | New | 0.12% | +0.12 |
| WDAY Workday Inc. Class A | New | 0.12% | +0.12 |
| JNJ Johnson & Johnson | Add +14.1% | 0.42% | +0.10 |
| VIG Vanguard Dividend Apprec ETF | Add +3.4% | 3.41% | +0.10 |
| AMD Advanced Micro Devices | Add +228.3% | 0.16% | +0.10 |
| ECL Ecolab Inc. | New | 0.10% | +0.10 |
| RECS Columbia Resear Enh Cor ETF | Add +74.4% | 0.24% | +0.10 |
| ALL Allstate Corp. | New | 0.09% | +0.09 |
| BABA Alibaba Group Holding-SP ADR | Add +1.4% | 0.25% | +0.09 |
| NICE Nice Ltd. - Spon ADR | New | 0.09% | +0.09 |
| ABBV Abbvie Inc. | New | 0.08% | +0.08 |
| BF.B Brown-Forman Corp. Class B | New | 0.08% | +0.08 |
| BNY Bank of New York Mellon Corp. | Add +126.4% | 0.14% | +0.08 |
| VHT Vanguard Health Care ETF | Add +0.3% | 1.59% | +0.08 |
| NCLH Norwegian Cruise Line Holdin | New | 0.08% | +0.08 |
| ELV Elevance Health Inc. | New | 0.08% | +0.08 |
| NXPI NXP Semiconductors NV | New | 0.08% | +0.08 |
| MRK Merck & Co. Inc. | Add +34.4% | 0.44% | +0.08 |
| GILD Gilead Sciences Inc. | Add +12.6% | 0.28% | +0.07 |
| DIA SS SPDR Dow Jones Indus Avg | Add +8.3% | 1.11% | +0.07 |
| ACGL Arch Capital Group Ltd. | New | 0.07% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.7% | 2.87% | +0.06 |
| WMT Walmart Inc. | Add +13.4% | 0.61% | +0.06 |
| BND Vanguard Total Bond Market | New | 0.06% | +0.06 |
| EWJ iShares MSCI Japan ETF | Add +14.3% | 0.37% | +0.06 |
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.7% | 3,467 | $4.2M |
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 |