LRI Investments, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), LRI Investments, LLC reported 1,354 stock positions worth $1.2 billion. Its top holding was Ares Management Class A (ARES) at 27.7% of the portfolio, followed by Dimensional US Core Equity 2 (DFAC, 7.4%) and Dimensional US Core Eq 1 ETF (DCOR, 4.3%). Compared with Q3 2025, it opened 117 new positions, sold out of 73, added to 243 and reduced 322. The biggest buy was a new position in Vanguard 0-3M T-Bill ETF (VBIL) and the biggest sale Ares Management Class A (ARES, shares −8%).

Most Recent 13F
Q2 2026
Location
PALM BEACH GARDENS, FL
CIK
0002023325
Portfolio Value
$1.2B (Q4 2025)
SEC Filing
0002023325-26-000001 ↗ filed Feb 4, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $396.0M Q1 2024 Q2 2024: $878.7M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.0B Q1 2025 Q2 2025: $1.2B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.2B $1.2B Q4 2025 Q1 2026: $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 1,354 stocks · $1.2B
ARES Ares Management Corp. Class A 27.71% 2,391,373 $344.3M Reduce -7.5%
DFAC Dimensional US Core Equity 2 7.44% 2,333,788 $92.4M Reduce -2.0%
DCOR Dimensional US Core Eq 1 ETF 4.28% 721,936 $53.2M Add +14.3%
DFAX Dimensional World Ex US Core 3.76% 1,428,375 $46.8M Add +3.6%
VEU Vanguard Ftse All-World Ex-U 3.01% 508,833 $37.4M Add +3.6%
DFAI Dimensional International Co. 2.62% 855,347 $32.6M Reduce -4.5%
DLN Wisdomtree US Largecap Divid 2.37% 334,036 $29.4M Reduce -0.2%
AGO Assured Guaranty Ltd. 2.15% 296,746 $26.7M No change
DWM Wisdomtree International Equ 2.14% 386,546 $26.6M No change
DFUV Dimensional US Marketwide Va 2.05% 546,827 $25.5M Reduce -0.2%
AAPL Apple Inc. 1.64% 75,037 $20.4M Reduce -3.2%
DFIV Dimensional International Va 1.56% 387,669 $19.3M Add +4.3%
DFAS Dimensional US Small Cap ETF 1.39% 247,036 $17.2M Add +8.6%
VBIL Vanguard 0-3M T-Bill ETF 1.32% 217,176 $16.4M New
DISV Dimensional International SM 1.30% 423,681 $16.1M Reduce -3.0%
DLS Wisdomtree Intl S/C DVD Fund 1.28% 195,757 $15.9M Reduce -2.0%
VNQ Vanguard Real Estate ETF 1.20% 168,257 $14.9M Add +10.1%
RTX RTX Corp. 1.13% 76,404 $14.0M Reduce -1.2%
MSFT Microsoft Corp. 1.08% 53,966 $13.4M Reduce -2.6%
NVDA Nvidia Corp. 1.06% 70,298 $13.1M Add +0.9%
AMZN Amazon.com Inc. 0.87% 67,738 $10.8M Add +0.8%
AVUS Avantis U.S. Equity ETF 0.73% 80,884 $9.0M No change
DFAR Dimensional US Real Est ETF 0.65% 352,787 $8.1M Add +35.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.53% 9,663 $6.6M Reduce -0.4%
AVGO Broadcom Inc. 0.52% 18,552 $6.4M Add +0.9%
DFLV Dim US Large Cap Value ETF 0.48% 175,324 $6.0M Reduce -7.6%
VAW Vanguard Materials ETF 0.47% 28,431 $5.9M Add +11.5%
GOOGL Alphabet Inc. Class A 0.46% 56,903 $5.8M Add +1.5%
JPM JPMorgan Chase & Co. 0.44% 40,065 $5.5M Add +0.4%
NUE Nucor Corp. 0.43% 33,131 $5.4M No change
GOOG Alphabet Inc. Class C 0.43% 16,903 $5.3M Add +0.1%
VTI VG Morningstar TS MKT ETF-US 0.39% 14,323 $4.8M Add +1.1%
META Meta Platforms Inc. Class A 0.38% 33,773 $4.8M Reduce -0.4%
VDE Vanguard Energy ETF 0.36% 35,757 $4.5M Add +10.2%
ARTY iShares Future AI & Tech ETF 0.35% 89,594 $4.3M Add +1.2%
STE Steris PLC 0.35% 16,817 $4.3M Reduce -0.1%
XOM Exxon Mobil Corp. 0.34% 35,170 $4.2M Reduce -14.3%
VOO Vanguard S&P 500 ETF 0.32% 6,344 $4.0M Add +1.2%
BRK.B Berkshire Hathaway Inc. Class B 0.30% 7,352 $3.7M Reduce -2.4%
KO The Coca-Cola Co. 0.29% 51,375 $3.6M Reduce -0.5%
DFGR Dim Global Real Estate ETF 0.28% 129,964 $3.4M Reduce -6.6%
ABBV Abbvie Inc. 0.27% 14,835 $3.4M Reduce -3.1%
DSTL Distillate US Fundamental St 0.27% 57,198 $3.4M Add +14.2%
AVLV Avantis US Large Cap Value 0.26% 42,375 $3.2M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.25% 15,229 $3.1M Reduce -0.1%
CARR Carrier Global Corp. 0.24% 56,630 $3.0M Reduce -7.3%
DFUS Dimensional US Eq MKT ETF 0.24% 39,720 $2.9M Reduce -3.0%
JNJ Johnson & Johnson 0.23% 14,071 $2.9M Reduce -0.7%
ACN Accenture PLC Class A 0.23% 10,845 $2.9M No change
VTV Vanguard Mrngstr Val ETF-Aui 0.22% 14,333 $2.7M Reduce -1.2%
WMT Walmart Inc. 0.22% 24,032 $2.7M Reduce -1.4%
BITQ Bitwise Crypto Indu Inno ETF 0.21% 132,727 $2.6M New
ISCG iShares Morningstar Small-Ca 0.21% 46,497 $2.6M No change
OTIS Otis Worldwide Corp. 0.20% 29,002 $2.5M Reduce -0.8%
IYW iShares Ustechnology ETF 0.20% 12,465 $2.5M No change
TLTD NT Dev Exus Ftilt ETF 0.20% 26,436 $2.5M No change
WFC Wells Fargo & Co. 0.20% 26,088 $2.4M Reduce -0.8%
DFAU Dimensional US Core Equity M 0.19% 51,728 $2.4M Reduce -1.6%
IMCG iShares Morningstar Mid-Cap 0.19% 29,730 $2.4M No change
VIG Vanguard Dividend Apprec ETF 0.18% 10,218 $2.2M Add +1.0%
CAT Caterpillar Inc. 0.18% 3,913 $2.2M Reduce -1.4%
HD Home Depot Inc. 0.18% 26,634 $2.2M Add +0.4%
TD Toronto-Dominion Bank 0.18% 23,400 $2.2M Reduce -1.1%
LLY Eli Lilly & Co. 0.18% 2,040 $2.2M Reduce -21.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.18% 39,770 $2.2M Reduce -1.6%
TSLA Tesla Inc. 0.17% 4,697 $2.1M Add +17.9%
MCD McDonald's Corp. 0.17% 6,776 $2.1M Reduce -0.9%
C Citigroup Inc. 0.16% 16,875 $2.0M Reduce -3.8%
CVX Chevron Corp. 0.15% 12,286 $1.9M Reduce -10.6%
IMCV iShares Morningstar Mid-Cap 0.15% 22,656 $1.9M No change
TRV The Travelers Cos Inc. 0.15% 6,331 $1.8M Add +1.1%
GCOW Pacer Global Cash Cows Divid 0.15% 44,082 $1.8M No change
AVDV Avantis Intl S/C Value ETF 0.14% 19,174 $1.8M No change
V Visa Inc. Class A 0.14% 30,344 $1.7M Reduce -0.5%
GEV GE Vernova Inc. 0.14% 2,587 $1.7M Add +60.4%
DUSB Dimension Ultrashort Fi ETF 0.13% 32,848 $1.7M Add +35.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.13% 3,399 $1.7M Add +2.4%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.13% 27,900 $1.6M No change
GBDC Golub Capital BDC Inc. 0.13% 118,986 $1.6M No change
VXUS Vanguard Total Intl Stock 0.13% 20,843 $1.6M No change
HON Honeywell International Inc. 0.12% 7,933 $1.5M Add +1.0%
GLW Corning Inc. 0.12% 17,448 $1.5M Add +1.0%
LMT Lockheed Martin Corp. 0.12% 3,080 $1.5M No change
AVIV Avantis Intl LRG Cap Val ETF 0.12% 20,908 $1.5M No change
AVDE Avantis International Equity 0.12% 17,675 $1.5M No change
SSNC Ss&c Technologies Holdings 0.12% 16,473 $1.4M No change
CI The Cigna Group 0.11% 5,134 $1.4M Reduce -2.3%
MRK Merck & Co. Inc. 0.11% 13,242 $1.4M Reduce -3.7%
SIGI Selective Insurance Group 0.11% 16,411 $1.4M Reduce -2.3%
EPD Enterprise Products Partners 0.11% 42,728 $1.4M Reduce -2.3%
PAVE Global X US Infrastructure 0.11% 28,657 $1.4M No change
PEP Pepsico Inc. 0.11% 9,296 $1.3M Reduce -1.0%
PG The Procter & Gamble Co. 0.11% 9,248 $1.3M Reduce -1.3%
AVEM Avantis Emerging Markets Eq 0.11% 17,186 $1.3M No change
PLD Prologis Inc. 0.11% 10,311 $1.3M No change
GUNR NT Mstar GLBL NR ETF 0.11% 28,687 $1.3M Add +6.8%
JEPI JPMorgan Equity Premium Inco 0.11% 22,891 $1.3M Reduce -15.0%
GD General Dynamics Corp. 0.11% 3,883 $1.3M Add +2.0%
IWD iShares Russell 1000 Value E 0.10% 6,167 $1.3M Add +80.0%
MA Mastercard Inc. Class A 0.10% 2,246 $1.3M Reduce -1.2%

Show all 1,354 holdings

Portfolio Sells Q3 2025 → Q4 2025
ARES Ares Management Corp. Class A Reduce -7.5% 27.71% −2.72
EXCHANGE TRADED CONCEPTS TRU Sold out 0.00% −0.26
MSFT Microsoft Corp. Reduce -2.6% 1.08% −0.16
WBS Webster Financial Corp. Reduce -86.7% 0.02% −0.10
DFAC Dimensional US Core Equity 2 Reduce -2.0% 7.44% −0.08
ORCL Oracle Corp. Reduce -22.1% 0.08% −0.07
MELI MercadoLibre Inc. Reduce -52.9% 0.04% −0.07
META Meta Platforms Inc. Class A Reduce -0.4% 0.38% −0.06
CARR Carrier Global Corp. Reduce -7.3% 0.24% −0.06
KNG FT Vest S&P 500 DVD Arst TRG Sold out 0.00% −0.06
T AT&T Inc. Reduce -51.5% 0.03% −0.04
DFAI Dimensional International Co. Reduce -4.5% 2.62% −0.04
JAVA JPMorgan Active Value ETF Sold out 0.00% −0.04
PEG Public Service Enterprise GP Sold out 0.00% −0.04
XOM Exxon Mobil Corp. Reduce -14.3% 0.34% −0.04
NOW ServiceNow Inc. Reduce -34.9% 0.04% −0.04
DELL Dell Technologies -C Reduce -62.2% 0.02% −0.04
DFGR Dim Global Real Estate ETF Reduce -6.6% 0.28% −0.03
SE Sea Ltd.-ADR Reduce -84.9% 0.00% −0.03
K Kellanova Sold out 0.00% −0.03
VZ Verizon Communications Inc. Reduce -33.9% 0.04% −0.03
DFLV Dim US Large Cap Value ETF Reduce -7.6% 0.48% −0.03
ANET Arista Networks Inc. Reduce -92.2% 0.00% −0.03
AIQ Global X Art Intel & Tech Reduce -27.4% 0.07% −0.03
ETHA iShares Ethereum Trust ETF Sold out 0.00% −0.03
IBHE iShares Ibonds 2025 H/Y Inc. Sold out 0.00% −0.03
CVX Chevron Corp. Reduce -10.6% 0.15% −0.02
DLS Wisdomtree Intl S/C DVD Fund Reduce -2.0% 1.28% −0.02
UBER Uber Technologies Inc. Reduce -10.9% 0.06% −0.02
ETN Eaton Corp. PLC Reduce -21.9% 0.04% −0.02
APD Air Products & Chemicals Inc. Reduce -21.9% 0.05% −0.02
JEPI JPMorgan Equity Premium Inco Reduce -15.0% 0.11% −0.02
PM Philip Morris International Reduce -14.6% 0.09% −0.02
ABBV Abbvie Inc. Reduce -3.1% 0.27% −0.02
RACE Ferrari NV Reduce -50.8% 0.01% −0.02
DLN Wisdomtree US Largecap Divid Reduce -0.2% 2.37% −0.02
OTIS Otis Worldwide Corp. Reduce -0.8% 0.20% −0.01
NEE Nextera Energy Inc. Reduce -26.5% 0.05% −0.01
BX Blackstone Inc. Reduce -7.1% 0.07% −0.01
BSX Boston Scientific Corp. Reduce -25.2% 0.04% −0.01
ORLY O'reilly Automotive Inc. Reduce -29.8% 0.02% −0.01
INTU Intuit Inc. Reduce -49.3% 0.01% −0.01
DASH DoorDash Inc. Class A Reduce -68.8% 0.00% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.4% 0.30% −0.01
RBLX Roblox Corp. Class A Reduce -86.5% 0.00% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -18.3% 0.05% −0.01
MO Altria Group Inc. Reduce -10.0% 0.04% −0.01
PAPI Parametric Equity Prem Inco Reduce -16.1% 0.05% −0.01
NVO Novo-Nordisk A/S-Spons ADR Reduce -40.7% 0.01% −0.01
PG The Procter & Gamble Co. Reduce -1.3% 0.11% −0.01

Portfolio Buys Q3 2025 → Q4 2025
VBIL Vanguard 0-3M T-Bill ETF New 1.32% +1.32
DCOR Dimensional US Core Eq 1 ETF Add +14.3% 4.28% +0.56
DFAX Dimensional World Ex US Core Add +3.6% 3.76% +0.22
BITQ Bitwise Crypto Indu Inno ETF New 0.21% +0.21
DFIV Dimensional International Va Add +4.3% 1.56% +0.15
VEU Vanguard Ftse All-World Ex-U Add +3.6% 3.01% +0.14
DFAR Dimensional US Real Est ETF Add +35.3% 0.65% +0.14
GOOGL Alphabet Inc. Class A Add +1.5% 0.46% +0.11
DFAS Dimensional US Small Cap ETF Add +8.6% 1.39% +0.11
GOOG Alphabet Inc. Class C Add +0.1% 0.43% +0.09
VNQ Vanguard Real Estate ETF Add +10.1% 1.20% +0.06
GEV GE Vernova Inc. Add +60.4% 0.14% +0.05
ACWI iShares MSCI Acwi ETF Add +353.3% 0.06% +0.05
VAW Vanguard Materials ETF Add +11.5% 0.47% +0.05
IWD iShares Russell 1000 Value E Add +80.0% 0.10% +0.05
IBIT iShares Bitcoin Trust ETF Add +262.5% 0.07% +0.05
VST Vistra Corp. Add +780.7% 0.05% +0.04
BPRE Bluerock Private Real Estate New 0.04% +0.04
AMZN Amazon.com Inc. Add +0.8% 0.87% +0.04
DSTL Distillate US Fundamental St Add +14.2% 0.27% +0.03
DUSB Dimension Ultrashort Fi ETF Add +35.4% 0.13% +0.03
IWF iShares Russell 1000 Growth Add +64.2% 0.08% +0.03
ISRG Intuitive Surgical Inc. Add +12.1% 0.10% +0.03
VDE Vanguard Energy ETF Add +10.2% 0.36% +0.03
TSLA Tesla Inc. Add +17.9% 0.17% +0.03
PLTR Palantir Technologies Inc. Class A Add +37.8% 0.10% +0.02
APP AppLovin Corp. Class A Add +45.3% 0.09% +0.02
AVGO Broadcom Inc. Add +0.9% 0.52% +0.02
NFLX Netflix Inc. Add +68.3% 0.09% +0.02
TSM Taiwan Semiconductor-SP ADR Add +16.2% 0.08% +0.02
ARTY iShares Future AI & Tech ETF Add +1.2% 0.35% +0.02
NET Cloudflare Inc. Class A Add +209.0% 0.02% +0.01
IOO iShares Global 100 ETF New 0.01% +0.01
B Barrick Mining Corp. Add +220.4% 0.02% +0.01
ELV Elevance Health Inc. Add +18.6% 0.06% +0.01
AMAT Applied Materials Inc. Add +66.5% 0.02% +0.01
BGRN iShares Usd Green Bond ETF Add +95.3% 0.02% +0.01
LNTH Lantheus Holdings Inc. New 0.01% +0.01
ITOT iShares Core S&P Total U.S. Add +68.4% 0.03% +0.01
HELO JPMorgan Hedged Equity ETF New 0.01% +0.01
BMY Bristol-Myers Squibb Co. Add +77.2% 0.02% +0.01
GUNR NT Mstar GLBL NR ETF Add +6.8% 0.11% +0.01
SKWD Skyward Specialty Insurance Add +219.9% 0.01% +0.01
PAYC Paycom Software Inc. New 0.01% +0.01
LSTR Landstar System Inc. Add +480.9% 0.01% +0.01
CRM Salesforce Inc. Add +1.2% 0.04% +0.01
NU Nu Holdings Ltd./Cayman Isl-A Add +21.9% 0.04% +0.01
ASML ASML Holding NV-NY Reg SHS Add +2.5% 0.07% +0.01
KDP Keurig Dr Pepper Inc. New 0.01% +0.01
TBIL F/M US Treasury 3 Month Bill New 0.01% +0.01

Notes & Other Activity Q3 2025 → Q4 2025
MSPRW MSP Recovery Inc. -27 *W EXP 05/20/202 Sold out 17,700 $32before exit
CLEARBRIDGE ENERGY MI-RT RIGHT 10/10/2025 Sold out 456 $9before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,951$1.2BARES, DFAC, DCOR, DFAX, VEU
Q1 2026 1,413$1.1BARES, DFAC, DCOR, DFAX, VEU
Q4 2025 1,354$1.2BARES, DFAC, DCOR, DFAX, VEU
Q3 2025 1,307$1.2BARES, DFAC, DCOR, DFAX, VEU
Q2 2025 1,265$1.2BARES, DFAC, DFAX, VEU, DFAI
Q1 2025 1,210$1.0BARES, DFAC, DFAX, DFAI, DLN
Q4 2024 1,152$1.1BARES, DFAC, AGO, DLN, DFAI
Q3 2024 1,144$1.0BARES, DFAC, DLN, AGO, DFAI
Q2 2024 1,134$878.7MARES, DFAC, DFAX, DLN, DFAI
Q1 2024Amended 840$396.0MDFAC, DFAX, AGO, DLN, DFAI