LPL Financial LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 6, 2026), LPL Financial LLC reported 5,727 stock positions worth $376.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 2.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 1.7%) and Invesco QQQ Trust Series 1 (QQQ, 1.6%). Compared with Q4 2025, it opened 294 new positions, sold out of 177, added to 3,234 and reduced 2,130. The biggest buy was Vanguard Russell 1000 Value (VONV, shares +129%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −27%).
- Most Recent 13F
- Q2 2026
- Location
- FORT MILL, SC
- CIK
- 0001403438
- Portfolio Value
- $376.1B (Q1 2026)
- SEC Filing
- 0001403438-26-000002 ↗ filed May 6, 2026
Holdings Value
Holdings 5,727 stocks · $376.1B
| IVV iShares Core S&P 500 ETF | 2.01% | 11,586,990 | $7.6B | Add +10.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.72% | 9,962,967 | $6.5B | Reduce -2.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.62% | 10,558,431 | $6.1B | Reduce -1.6% |
| AAPL Apple Inc. | 1.60% | 23,695,604 | $6.0B | Add +0.4% |
| NVDA Nvidia Corp. | 1.55% | 33,503,160 | $5.8B | Add +1.1% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.19% | 58,660,538 | $4.5B | Add +13.9% |
| IEFA iShares Core MSCI Eafe ETF | 1.11% | 46,029,515 | $4.2B | Add +12.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.04% | 39,830,479 | $3.9B | Reduce -1.0% |
| MSFT Microsoft Corp. | 1.02% | 10,337,597 | $3.8B | Add +3.3% |
| VOO Vanguard S&P 500 ETF | 1.02% | 6,401,368 | $3.8B | Reduce -6.1% |
| IEMG iShares Core MSCI Emerging | 0.97% | 52,231,526 | $3.6B | Reduce -0.4% |
| AMZN Amazon.com Inc. | 0.93% | 16,776,756 | $3.5B | Add +1.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.88% | 10,325,305 | $3.3B | Reduce -26.7% |
| GOVT iShares US Treasury Bond ETF | 0.86% | 140,890,662 | $3.2B | Add +18.3% |
| QUAL iShares MSCI USA Quality Fac | 0.82% | 16,156,372 | $3.1B | Reduce -0.1% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.81% | 71,850,473 | $3.1B | Add +13.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.77% | 51,485,691 | $2.9B | Add +2.8% |
| MBB iShares MBS ETF | 0.71% | 27,984,290 | $2.7B | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 0.68% | 8,883,479 | $2.6B | Add +2.1% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.68% | 43,801,022 | $2.5B | Reduce -3.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.67% | 10,526,183 | $2.5B | Reduce -1.9% |
| VONV Vanguard Russell 1000 Value | 0.65% | 26,151,759 | $2.5B | Add +129.0% |
| IVW iShares S&P 500 Growth ETF | 0.63% | 20,889,253 | $2.4B | Add +5.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.63% | 5,395,832 | $2.4B | Reduce -1.7% |
| IUSG iShares Core S&P U.S. Growth | 0.59% | 14,379,337 | $2.2B | Add +1.1% |
| IVE iShares S&P 500 Value ETF | 0.59% | 10,505,241 | $2.2B | Reduce -4.6% |
| RDVY First Trust Rising Dividend | 0.59% | 32,332,134 | $2.2B | Add +6.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.58% | 11,180,221 | $2.2B | Add +4.1% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.58% | 47,282,506 | $2.2B | Add +3.9% |
| CGGR Cap Group Growth Equity | 0.56% | 52,561,577 | $2.1B | Add +15.8% |
| XLK SS Technology Select Sector | 0.56% | 15,714,943 | $2.1B | Reduce -1.6% |
| IJR iShares Core S&P Small-Cap E | 0.55% | 16,639,004 | $2.1B | Reduce -5.1% |
| AVGO Broadcom Inc. | 0.55% | 6,643,394 | $2.1B | Add +4.7% |
| GLD SPDR Gold Shares | 0.54% | 4,735,301 | $2.0B | Reduce -1.5% |
| VONG Vanguard Russell 1000 Growth | 0.49% | 16,782,350 | $1.8B | Add +105.3% |
| GOOG Alphabet Inc. Class C | 0.47% | 6,225,801 | $1.8B | Add +1.4% |
| VEA Vanguard Ftse Developed ETF | 0.47% | 27,795,967 | $1.8B | Reduce -2.6% |
| META Meta Platforms Inc. Class A | 0.47% | 3,087,517 | $1.8B | Add +1.7% |
| IUSV iShares Core S&P U.S. Value | 0.47% | 17,225,624 | $1.8B | Add +5.0% |
| SPIB SS SPDR P Int C Corp. ETF | 0.46% | 51,974,915 | $1.7B | Add +6.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.46% | 38,025,802 | $1.7B | Add +1.8% |
| IWF iShares Russell 1000 Growth | 0.44% | 3,839,355 | $1.6B | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.43% | 3,408,718 | $1.6B | Add +1.2% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.42% | 47,103,344 | $1.6B | Add +5.6% |
| JPM JPMorgan Chase & Co. | 0.42% | 5,390,938 | $1.6B | Reduce -1.3% |
| IJH iShares Core S&P Midcap ETF | 0.41% | 23,069,377 | $1.6B | Reduce -20.8% |
| EFV iShares MSCI Eafe Value ETF | 0.41% | 20,848,511 | $1.6B | Add +6.7% |
| SPTI SS SPDR P Int Term TSY ETF | 0.41% | 53,851,890 | $1.5B | Add +10.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.41% | 16,776,336 | $1.5B | Add +27.3% |
| VIG Vanguard Dividend Apprec ETF | 0.40% | 7,002,475 | $1.5B | Add +1.3% |
| DGRO iShares Core Dividend Growth | 0.38% | 20,236,610 | $1.4B | Add +7.8% |
| BND Vanguard Total Bond Market | 0.37% | 19,093,602 | $1.4B | Add +2.7% |
| AGG iShares Core U.S. Aggregate | 0.37% | 13,878,686 | $1.4B | Reduce -1.5% |
| RSP Invesco S&P 500 Equal Weight | 0.34% | 6,660,526 | $1.3B | Add +21.4% |
| TSLA Tesla Inc. | 0.33% | 3,368,120 | $1.3B | Add +4.2% |
| MUB iShares National Muni Bond E | 0.33% | 11,762,384 | $1.2B | Add +6.0% |
| XOM Exxon Mobil Corp. | 0.32% | 7,125,105 | $1.2B | Reduce -2.7% |
| JNJ Johnson & Johnson | 0.32% | 4,898,849 | $1.2B | Reduce -2.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.32% | 24,590,961 | $1.2B | Reduce -8.9% |
| COWZ Pacer US Cash Cows 100 ETF | 0.31% | 18,606,409 | $1.2B | Reduce -0.6% |
| COST Costco Wholesale Corp. | 0.29% | 1,113,122 | $1.1B | Add +4.4% |
| WMT Walmart Inc. | 0.29% | 8,904,910 | $1.1B | Add +0.6% |
| LLY Eli Lilly & Co. | 0.29% | 1,196,696 | $1.1B | Add +2.1% |
| SGOV iShares 0-3 Month Treasury B | 0.29% | 10,856,515 | $1.1B | Add +23.4% |
| SCHG Schwab US Large-Cap Growth | 0.29% | 37,283,856 | $1.1B | Add +9.1% |
| SMH Vaneck Semiconductor ETF | 0.29% | 2,824,700 | $1.1B | Add +4.2% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.29% | 28,053,759 | $1.1B | Add +18.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 3,577,437 | $1.0B | Add +9.0% |
| DGRW Wisdomtree U.S. Quality Divi | 0.27% | 11,527,081 | $1.0B | Reduce -5.7% |
| JPST JPMorgan Ultra-Short Income | 0.27% | 19,901,775 | $1.0B | Add +1.4% |
| VYM Vanguard High DVD Yield ETF | 0.27% | 6,759,886 | $1.0B | Reduce -0.9% |
| XLF SS Financial Select Sector | 0.26% | 20,178,033 | $996.2M | Reduce -7.1% |
| SDVY First Trust Smid Cap Rising | 0.26% | 24,870,852 | $980.7M | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 0.25% | 30,861,601 | $946.8M | Reduce -4.0% |
| XLE SS Energy Select Sector | 0.25% | 15,447,428 | $946.3M | Add +20.0% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.25% | 16,876,937 | $937.0M | Add +13.4% |
| VCIT Vanguard Int-Term Corporate | 0.25% | 11,226,310 | $929.0M | Add +3.0% |
| XLV SS Health Care Select Sector | 0.25% | 6,333,092 | $928.5M | Reduce -3.5% |
| IWM iShares Russell 2000 ETF | 0.25% | 3,737,240 | $926.8M | Reduce -49.8% |
| IWD iShares Russell 1000 Value E | 0.24% | 4,284,792 | $915.5M | Reduce -0.1% |
| SPHQ Invesco S&P 500 Quality ETF | 0.24% | 12,165,867 | $914.8M | Add +2.1% |
| JBND JPMorgan Active Bond ETF | 0.24% | 16,888,797 | $908.1M | Add +28.7% |
| IWB iShares Russell 1000 ETF | 0.24% | 2,536,712 | $904.5M | Add +3.5% |
| BAI Ishrs AI in and Tech Act ETF | 0.24% | 27,365,121 | $901.7M | Add +16.9% |
| CVX Chevron Corp. | 0.24% | 4,352,184 | $900.5M | Add +5.3% |
| IAU iShares Gold Trust | 0.24% | 10,179,920 | $897.5M | Reduce -25.9% |
| VTIP Vanguard Short-Term Tips | 0.24% | 17,789,030 | $888.6M | Reduce -3.8% |
| V Visa Inc. Class A | 0.24% | 2,928,554 | $885.1M | Reduce -1.0% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 16,343,095 | $883.3M | Reduce -0.8% |
| EFG iShares MSCI Eafe Growth ETF | 0.23% | 7,906,644 | $880.6M | Add +266.6% |
| VGT Vanguard Info Tech ETF | 0.23% | 1,252,584 | $874.0M | Reduce -3.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.23% | 3,322,073 | $870.1M | Reduce -15.1% |
| ABBV Abbvie Inc. | 0.23% | 3,945,266 | $858.1M | Add +2.4% |
| ITOT iShares Core S&P Total U.S. | 0.22% | 5,929,433 | $844.5M | Reduce -6.2% |
| XLI SS Industrial Select Sector | 0.22% | 5,116,989 | $827.6M | Add +4.1% |
| TLH iShares 10-20 Year Treasury | 0.22% | 8,209,020 | $826.8M | Reduce -11.2% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.22% | 15,777,188 | $819.3M | Add +1.1% |
| MTUM iShares MSCI USA Momentum Fa | 0.21% | 3,366,370 | $807.9M | Add +2.3% |
| THRO iShares U.S. Thematic Rotati | 0.21% | 22,288,405 | $807.3M | Add +9.4% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.21% | 8,332,950 | $805.1M | Add +78.1% |
Options reported separately and not counted above: SPY puts ($136.6M), QQQ puts ($29.0M), AAPL puts ($11.6M), META puts ($8.6M), BABA puts ($7.4M), META calls ($5.7M), SPY calls ($5.6M), BA puts ($5.5M), APP puts ($5.3M), COST puts ($5.1M), IWM puts ($5.0M), COST calls ($5.0M), and 180 more.
Other holdings (45): bonds, preferreds, convertibles and warrants · $51.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 252,865 | $17.9M | Reduce -2.1% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 8,316 | $9.9M | Add +13.3% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 8,105 | $9.4M | Add +5.8% |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 458,971 | $5.3M | New |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 113,447 | $2.7M | Reduce -0.6% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 24,350 | $1.6M | Add +25.2% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 13,480 | $969K | Reduce -7.5% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 20,564 | $882K | Add +2.1% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 11,209 | $639K | Add +24.8% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 9,680 | $491K | Reduce -14.3% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 11,256 | $453K | Add +37.4% |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 14,656 | $445K | Add +2.8% |
| WHEELER REIT INC (WHLR 9 PERP B) | CV PFD SER B | 22,865 | $159K | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 65,000 | $98K | No change |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 76,000 | $84K | No change |
| ENVISTA HOLDINGS CORP (NVST 1.75 08/15/28) | NOTE 1.750% 8/1 · principal | 81,000 | $81K | No change |
| OXBRW Oxbridge Re Holdings-CW24 | *W EXP 03/26/202 | 713,852 | $77K | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 21,625 | $75K | Add +8.1% |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 47,000 | $55K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 23,283 | $53K | Add +9.2% |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | 41,000 | $40K | Add +310.0% |
| CMS ENERGY CORP (CMS 3.375 05/01/28) | NOTE 3.375% 5/0 · principal | 33,000 | $37K | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 34,000 | $33K | No change |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 23,000 | $31K | No change |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | 4,211,006 | $29K | Reduce -5.6% |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 32,000 | $29K | No change |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 23,000 | $28K | No change |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 29,000 | $25K | No change |
| HUMAW Humacyte Inc.-CW27 | *W EXP 08/27/202 | 259,615 | $24K | Add +0.2% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 23,000 | $23K | No change |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | 15,000 | $19K | No change |
| PARSONS CORP (PSN 2.625 03/01/29) | NOTE 2.625% 3/0 · principal | 18,000 | $18K | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 27,453 | $17K | Reduce -46.9% |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 17,000 | $16K | No change |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 13,000 | $13K | No change |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 86,415 | $8K | Reduce -5.9% |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | 23,000 | $7K | New |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 25,424 | $6K | Reduce -50.8% |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 25,386 | $6K | Reduce -50.9% |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | 487,942 | $4K | Reduce -5.3% |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | 162,684 | $1K | Reduce -3.4% |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 12,100 | $1K | No change |
| PBMWW Psyence Biomedical Ltd. | *W EXP 01/22/202 | 49,095 | $894 | No change |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 13,000 | $700 | No change |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 11,892 | $237 | No change |
Total filed on the 13F, all lines: $376.2B.
Portfolio Sells Q4 2025 → Q1 2026
| VTI VG Morningstar TS MKT ETF-US | Reduce -26.7% | 0.88% | −0.41 |
| OEF iShares S&P 100 ETF | Reduce -73.2% | 0.10% | −0.32 |
| IWM iShares Russell 2000 ETF | Reduce -49.8% | 0.25% | −0.25 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.6% | 1.62% | −0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.0% | 1.72% | −0.17 |
| VOO Vanguard S&P 500 ETF | Reduce -6.1% | 1.02% | −0.15 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -1.0% | 1.04% | −0.14 |
| IJH iShares Core S&P Midcap ETF | Reduce -20.8% | 0.41% | −0.11 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.7% | 0.63% | −0.11 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -1.9% | 0.67% | −0.08 |
| XLK SS Technology Select Sector | Reduce -1.6% | 0.56% | −0.07 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -3.0% | 0.68% | −0.07 |
| IAU iShares Gold Trust | Reduce -25.9% | 0.24% | −0.07 |
| XLF SS Financial Select Sector | Reduce -7.1% | 0.26% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -1.3% | 0.42% | −0.06 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.1% | 0.82% | −0.05 |
| ITA iShares U.S. Aerospace & Def | Reduce -26.4% | 0.14% | −0.05 |
| IYW iShares Ustechnology ETF | Reduce -15.4% | 0.15% | −0.05 |
| IVE iShares S&P 500 Value ETF | Reduce -4.6% | 0.59% | −0.05 |
| EMB iShares JP Morgan Usd Emergi | Reduce -62.3% | 0.03% | −0.05 |
| V Visa Inc. Class A | Reduce -1.0% | 0.24% | −0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -15.1% | 0.23% | −0.04 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -13.5% | 0.14% | −0.04 |
| TLH iShares 10-20 Year Treasury | Reduce -11.2% | 0.22% | −0.04 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -11.4% | 0.15% | −0.04 |
| VGT Vanguard Info Tech ETF | Reduce -3.8% | 0.23% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.6% | 0.13% | −0.03 |
| XLC SS Comm Select Sector SPDR | Reduce -12.0% | 0.14% | −0.03 |
| ITOT iShares Core S&P Total U.S. | Reduce -6.2% | 0.22% | −0.03 |
| XLV SS Health Care Select Sector | Reduce -3.5% | 0.25% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -50.3% | 0.01% | −0.03 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -8.9% | 0.32% | −0.03 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -5.7% | 0.27% | −0.03 |
| APP AppLovin Corp. Class A | Reduce -15.8% | 0.03% | −0.03 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -27.8% | 0.06% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -5.1% | 0.55% | −0.03 |
| HIMU iShares High Yild Muni A ETF | Reduce -52.2% | 0.02% | −0.03 |
| IWY iShares Russell Top 200 Grow | Reduce -0.1% | 0.16% | −0.02 |
| LRGG Nomura Focused Large Growth | Reduce -27.8% | 0.04% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -2.0% | 0.06% | −0.02 |
| FV First Trust DW Focus 5 Fund | Reduce -25.4% | 0.05% | −0.02 |
| XLY SS Consumer Disc Select Sect | Reduce -9.4% | 0.09% | −0.02 |
| BAC Bank of America Corp. | Reduce -1.6% | 0.11% | −0.02 |
| DIS The Walt Disney Co. | Reduce -11.5% | 0.05% | −0.02 |
| AXP American Express Co. | Reduce -1.0% | 0.07% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -6.6% | 0.07% | −0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -1.6% | 0.11% | −0.02 |
| SLV iShares Silver Trust | Reduce -14.7% | 0.14% | −0.02 |
| AGG iShares Core U.S. Aggregate | Reduce -1.5% | 0.37% | −0.02 |
| GSUS Goldman Sachs Marketbeta US | Reduce -4.5% | 0.14% | −0.02 |
Portfolio Buys Q4 2025 → Q1 2026
| VONV Vanguard Russell 1000 Value | Add +129.0% | 0.65% | +0.36 |
| VONG Vanguard Russell 1000 Growth | Add +105.3% | 0.49% | +0.22 |
| EFG iShares MSCI Eafe Growth ETF | Add +266.6% | 0.23% | +0.17 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +290.7% | 0.18% | +0.13 |
| BLCR iShares LRG CP CR Act ETF-Ui | New | 0.12% | +0.12 |
| IDEF Ishars Def Ind TC Ac ETF-Ui | Add +53906.0% | 0.11% | +0.11 |
| IEFA iShares Core MSCI Eafe ETF | Add +12.8% | 1.11% | +0.11 |
| GOVT iShares US Treasury Bond ETF | Add +18.3% | 0.86% | +0.11 |
| XLE SS Energy Select Sector | Add +20.0% | 0.25% | +0.09 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +78.1% | 0.21% | +0.09 |
| CGMM Cap Group Small and Mid Cap | Add +347.3% | 0.10% | +0.08 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +27.3% | 0.41% | +0.08 |
| LMUB iShares LT National Muni BD | New | 0.08% | +0.08 |
| CVX Chevron Corp. | Add +5.3% | 0.24% | +0.07 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +13.9% | 1.19% | +0.06 |
| CGDV Cap Group Dividend Value | Add +13.2% | 0.81% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +21.4% | 0.34% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +10.5% | 2.01% | +0.05 |
| SGOV iShares 0-3 Month Treasury B | Add +23.4% | 0.29% | +0.05 |
| JBND JPMorgan Active Bond ETF | Add +28.7% | 0.24% | +0.05 |
| CAT Caterpillar Inc. | Add +7.4% | 0.21% | +0.05 |
| COST Costco Wholesale Corp. | Add +4.4% | 0.29% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +73.0% | 0.11% | +0.04 |
| FDL First Trust Morn DVD Lead Inc. | Add +14.9% | 0.19% | +0.04 |
| AVUV Avantis US Small Cap Value | Add +19.2% | 0.19% | +0.04 |
| CGCB Cap Group Core Bond | Add +27.7% | 0.20% | +0.04 |
| PDBC Invesco Optimum Yield Divers | Add +1.6% | 0.14% | +0.03 |
| GEV GE Vernova Inc. | Add +6.9% | 0.11% | +0.03 |
| EFV iShares MSCI Eafe Value ETF | Add +6.7% | 0.41% | +0.03 |
| CGCP Cap Group Core Plus Income | Add +25.2% | 0.18% | +0.03 |
| JIVE JPM Interntl Value ETF | Add +71.3% | 0.07% | +0.03 |
| AIRR First Trust Rba American Ind | Add +13.0% | 0.15% | +0.03 |
| SHLD Global X Defense Tech ETF | Add +35.9% | 0.09% | +0.03 |
| IGF iShares Global Infrastructur | Add +10.6% | 0.19% | +0.03 |
| FENI Fidelity Enhanced Intl ETF | Add +69.0% | 0.07% | +0.03 |
| MFSB MFS Active Core Plus Bond | Add +564.9% | 0.03% | +0.03 |
| BAI Ishrs AI in and Tech Act ETF | Add +16.9% | 0.24% | +0.03 |
| VZ Verizon Communications Inc. | Add +2.7% | 0.14% | +0.03 |
| CGUS Cap Group Core Equity | Add +18.2% | 0.29% | +0.03 |
| CLIP Global X 1-3 Month T-Bill | Add +116.8% | 0.05% | +0.03 |
| SPTI SS SPDR P Int Term TSY ETF | Add +10.3% | 0.41% | +0.03 |
| WMT Walmart Inc. | Add +0.6% | 0.29% | +0.02 |
| XOP SS SPDR S&P Og Exp & Prod | Add +287.3% | 0.03% | +0.02 |
| MU Micron Technology Inc. | Add +7.5% | 0.12% | +0.02 |
| WTV Wisdomtree U.S. Value Fund | Add +38.3% | 0.09% | +0.02 |
| GLW Corning Inc. | Add +4.4% | 0.06% | +0.02 |
| MFSV MFS Active Value | Add +253.9% | 0.03% | +0.02 |
| AVDE Avantis International Equity | Add +30.7% | 0.10% | +0.02 |
| CGMU Cap Group Municipal Income | Add +50.3% | 0.07% | +0.02 |
| LMT Lockheed Martin Corp. | Add +1.4% | 0.12% | +0.02 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +26.6% | 210,100 | $136.6M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +32.7% | 50,300 | $29.0M |
| AAPL Apple Inc. | put | Reduce -11.1% | 45,800 | $11.6M |
| META Meta Platforms Inc. Class A | put | Reduce -8.5% | 15,000 | $8.6M |
| BABA Alibaba Group Holding-SP ADR | put | Add +255.8% | 58,700 | $7.4M |
| META Meta Platforms Inc. Class A | call | Add +222.6% | 10,000 | $5.7M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -69.4% | 8,600 | $5.6M |
| BA The Boeing Co. | put | Add +925.9% | 27,700 | $5.5M |
| MOS The Mosaic Co. | put | Sold out | 228,600 | $5.5Mbefore exit |
| APP AppLovin Corp. Class A | put | Reduce -39.6% | 13,400 | $5.3M |
| COST Costco Wholesale Corp. | put | Reduce -46.3% | 5,100 | $5.1M |
| IWM iShares Russell 2000 ETF | put | Add +137.7% | 20,200 | $5.0M |
| COST Costco Wholesale Corp. | call | Add +25.0% | 5,000 | $5.0M |
| MSFT Microsoft Corp. | put | Reduce -12.8% | 13,000 | $4.8M |
| AMZN Amazon.com Inc. | call | Add +122.5% | 19,800 | $4.1M |
| C Citigroup Inc. | put | Reduce -10.3% | 33,900 | $3.8M |
| GOOG Alphabet Inc. Class C | put | Add +0.8% | 13,100 | $3.8M |
| UPS United Parcel Service Class B | put | New | 35,100 | $3.5M |
| CRWD CrowdStrike Holdings Inc. Class A | put | Add +24.2% | 8,200 | $3.2M |
| SPOT Spotify Technology SA | put | Add +8.3% | 6,500 | $3.2M |
| XLV SS Health Care Select Sector | call | Sold out | 20,000 | $3.1Mbefore exit |
| NVDA Nvidia Corp. | call | Reduce -30.9% | 16,800 | $2.9M |
| MSFT Microsoft Corp. | call | Add +50.0% | 7,800 | $2.9M |
| AMZN Amazon.com Inc. | put | Reduce -43.9% | 13,700 | $2.9M |
| AVGO Broadcom Inc. | put | Add +157.1% | 9,000 | $2.8M |
| GOOGL Alphabet Inc. Class A | put | Reduce -9.0% | 9,100 | $2.6M |
| EFA iShares MSCI Eafe ETF | put | Add +208.3% | 25,900 | $2.5M |
| IBM Intl Business Machines Corp. | put | Reduce -13.1% | 9,300 | $2.3M |
| VOO Vanguard S&P 500 ETF | put | Add +131.3% | 3,700 | $2.2M |
| IGV iShares Expanded Tech-Softwa | call | New | 26,700 | $2.1M |
| BE Bloom Energy Corp. Class A | put | Reduce -10.6% | 15,200 | $2.1M |
| XOM Exxon Mobil Corp. | call | Sold out | 17,000 | $2.0Mbefore exit |
| STX Seagate Technology Holdings | put | Add +25.0% | 5,000 | $2.0M |
| NVDA Nvidia Corp. | put | Reduce -51.6% | 10,800 | $1.9M |
| SPOT Spotify Technology SA | call | Sold out | 3,000 | $1.7Mbefore exit |
| XOM Exxon Mobil Corp. | put | Add +292.0% | 9,800 | $1.7M |
| JD Jd.com Inc.-ADR | call | Add +2.2% | 55,200 | $1.6M |
| BA The Boeing Co. | call | Sold out | 7,500 | $1.6Mbefore exit |
| CRM Salesforce Inc. | put | Reduce -21.1% | 8,600 | $1.6M |
| SOFI Sofi Technologies Inc. | put | New | 99,300 | $1.6M |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -15.3% | 10,500 | $1.5M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Reduce -20.0% | 3,200 | $1.5M |
| MU Micron Technology Inc. | put | Reduce -2.2% | 4,500 | $1.5M |
| MARA Mara Holdings Inc. | put | Reduce -68.2% | 186,000 | $1.5M |
| NOW ServiceNow Inc. | put | Reduce -48.4% | 14,200 | $1.5M |
| AXP American Express Co. | put | Add +11.6% | 4,800 | $1.5M |
| UNH Unitedhealth Group Inc. | put | Reduce -65.6% | 5,300 | $1.4M |
| LLY Eli Lilly & Co. | put | Add +150.0% | 1,500 | $1.4M |
| TSLA Tesla Inc. | call | Reduce -60.6% | 3,700 | $1.4M |
| RIOT Riot Platforms Inc. | put | Reduce -6.7% | 105,800 | $1.3M |
Showing the first 50 of 229.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Reduce -2.1% | 252,865 | $17.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +13.3% | 8,316 | $9.9M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +5.8% | 8,105 | $9.4M |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | New | 458,971 | $5.3M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -0.6% | 113,447 | $2.7M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +25.2% | 24,350 | $1.6M |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Reduce -7.5% | 13,480 | $969K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +2.1% | 20,564 | $882K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +24.8% | 11,209 | $639K |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Reduce -14.3% | 9,680 | $491K |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | Add +37.4% | 11,256 | $453K |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | Add +2.8% | 14,656 | $445K |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 84,000 | $95Kbefore exit |
| INFQ.WS Churchill Capital Corp. X | *W EXP 05/14/203 | Sold out | 11,600 | $89Kbefore exit |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | Add +8.1% | 21,625 | $75K |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Add +9.2% | 23,283 | $53K |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | Add +310.0% | 41,000 | $40K |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Sold out | 33,000 | $34Kbefore exit |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 30,000 | $31Kbefore exit |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Reduce -5.6% | 4,211,006 | $29K |
| CRESW Cresud Saci-CW26 | *W EXP 03/09/202 | Sold out | 22,000 | $28Kbefore exit |
| HUMAW Humacyte Inc.-CW27 | *W EXP 08/27/202 | Add +0.2% | 259,615 | $24K |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -46.9% | 27,453 | $17K |
| PCTTW Purecycle Techno-CW26 | *W EXP 03/17/202 | Sold out | 21,500 | $17Kbefore exit |
| JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) | CONVERTIBLE BOND · principal | Sold out | 10,000 | $10Kbefore exit |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | Reduce -5.9% | 86,415 | $8K |
| XEROX HOLDINGS CORP (XRX 3.75 03/15/30) | NOTE 3.750% 3/1 · principal | New | 23,000 | $7K |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -50.8% | 25,424 | $6K |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -50.9% | 25,386 | $6K |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | Reduce -5.3% | 487,942 | $4K |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | Reduce -3.4% | 162,684 | $1K |
| NVVEW Nuvve Holding Corp.-CW26 | *W EXP 03/19/202 | Sold out | 10,000 | $160before exit |
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 | 5,932 | $444.6B | IVV, QQQ, SPY, AAPL, NVDA |
| Q1 2026 | 5,727 | $376.1B | IVV, SPY, QQQ, AAPL, NVDA |
| Q4 2025 | 5,611 | $365.7B | IVV, SPY, QQQ, AAPL, NVDA |
| Q3 2025 | 5,518 | $342.5B | IVV, SPY, QQQ, NVDA, AAPL |
| Q2 2025 | 5,332 | $299.4B | SPY, IVV, QQQ, NVDA, MSFT |
| Q1 2025 | 5,150 | $256.9B | IVV, SPY, AAPL, QQQ, VTI |
| Q4 2024 | 5,094 | $245.7B | IVV, SPY, AAPL, QQQ, VTI |
| Q3 2024 | 5,019 | $224.0B | IVV, SPY, QQQ, AAPL, VTI |
| Q2 2024 | 4,877 | $200.5B | IVV, SPY, QQQ, AAPL, VTI |
| Q1 2024 | 4,805 | $186.0B | IVV, SPY, QQQ, VTI, AAPL |