M Holdings Securities, Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), M Holdings Securities, Inc. reported 296 stock positions worth $1.4 billion. Its top holding was Apple (AAPL) at 8.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 8.0%) and Vanguard Ftse All-World Ex-U (VEU, 5.1%). Compared with Q3 2025, it opened 217 new positions, sold out of 8, added to 68 and reduced 6. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +914%) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).

Most Recent 13F
Q2 2026
Location
PORTLAND, OR
CIK
0001569638
Portfolio Value
$1.4B (Q4 2025)
SEC Filing
0001569638-26-000001 ↗ filed Feb 11, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $594.9M Q1 2024 Q2 2024: $771.4M Q2 2024 Q3 2024: $397.6M Q3 2024 Q4 2024: $620.2M Q4 2024 Q1 2025: $601.1M Q1 2025 Q2 2025: $583.4M Q2 2025 Q3 2025: $473.1M Q3 2025 Q4 2025: $1.4B $1.4B Q4 2025 Q1 2026: $1.5B Q1 2026 Q2 2026: $731.1M Q2 2026

Holdings 296 stocks · $1.4B
AAPL Apple Inc. 8.68% 446,064 $121.3M Add +13.3%
SPY SS SPDR S&P 500 ETF Trust-US 7.95% 162,838 $111.0M Add +914.3%
VEU Vanguard Ftse All-World Ex-U 5.12% 972,309 $71.5M Add +2769.6%
IVV iShares Core S&P 500 ETF 4.97% 101,277 $69.4M Add +26.0%
NHC National Healthcare Corp. 4.55% 463,220 $63.5M Add +0.0%
NHI Natl Health Investors Inc. filed as NATIONAL HEALTH INVS INC 2.90% 531,179 $40.6M Add +2.8%
DFUV Dimensional US Marketwide Va 2.20% 659,432 $30.7M Add +3338.8%
DFIV Dimensional International Va 1.76% 493,899 $24.6M New
MSFT Microsoft Corp. 1.74% 50,373 $24.4M Add +270.7%
JPM JPMorgan Chase & Co. 1.73% 75,092 $24.2M New
NVDA Nvidia Corp. 1.65% 123,203 $23.0M New
AMZN Amazon.com Inc. 1.59% 95,993 $22.2M Add +184.3%
DFAS Dimensional US Small Cap ETF 1.54% 308,858 $21.5M New
GOOGL Alphabet Inc. Class A 1.39% 62,030 $19.4M New
BRK.B Berkshire Hathaway Inc. Class B 1.35% 37,530 $18.9M Add +217.0%
PG The Procter & Gamble Co. 1.34% 130,338 $18.7M Add +79.3%
TSLA Tesla Inc. 1.24% 38,560 $17.3M New
VTI VG Morningstar TS MKT ETF-US 1.13% 46,859 $15.7M Add +63.9%
DFAX Dimensional World Ex US Core 1.09% 464,447 $15.2M Reduce -0.3%
VOO Vanguard S&P 500 ETF 0.93% 20,708 $13.0M New
DFAC Dimensional US Core Equity 2 0.85% 298,856 $11.8M Add +0.9%
GOOG Alphabet Inc. Class C 0.82% 36,691 $11.5M New
DUHP Dimensional US High Profi Et 0.82% 299,773 $11.4M Add +178.4%
DFAU Dimensional US Core Equity M 0.74% 221,821 $10.4M Reduce -2.2%
META Meta Platforms Inc. Class A 0.73% 15,492 $10.2M New
GUNR NT Mstar GLBL NR ETF 0.71% 217,707 $10.0M New
XOM Exxon Mobil Corp. 0.70% 80,690 $9.7M New
GLD SPDR Gold Shares 0.67% 23,759 $9.4M New
DCOR Dimensional US Core Eq 1 ETF 0.67% 127,606 $9.4M Add +700.9%
HD Home Depot Inc. 0.64% 26,142 $9.0M New
WMT Walmart Inc. 0.63% 79,190 $8.8M Add +232.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.63% 159,170 $8.8M Add +144.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.60% 43,820 $8.4M Add +55.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.60% 91,226 $8.3M New
MRK Merck & Co. Inc. 0.59% 78,499 $8.3M New
VUG Vanguard Mrngstar GR ETF-Sui 0.57% 16,279 $7.9M New
JNJ Johnson & Johnson 0.53% 35,562 $7.4M Add +123.0%
VEA Vanguard Ftse Developed ETF 0.52% 115,996 $7.2M Add +234.1%
VIG Vanguard Dividend Apprec ETF 0.51% 32,337 $7.1M Add +9.3%
AVGO Broadcom Inc. 0.50% 20,095 $7.0M New
V Visa Inc. Class A 0.47% 18,533 $6.5M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.46% 21,503 $6.4M Add +72.7%
DFAT Dimensional US Target Value 0.44% 103,174 $6.1M Add +2.2%
VUSB Vanguard Ultra Short Bond Et 0.44% 122,755 $6.1M New
PEP Pepsico Inc. 0.42% 40,591 $5.8M New
CVX Chevron Corp. 0.41% 37,650 $5.7M New
MCD McDonald's Corp. 0.41% 18,761 $5.7M New
VAW Vanguard Materials ETF 0.38% 25,838 $5.4M New
DE Deere & Co. 0.38% 11,373 $5.3M New
USMV iShares MSCI USA Min Vol Fac 0.37% 55,600 $5.2M New
ABBV Abbvie Inc. 0.37% 22,771 $5.2M New
PNFP Pinnacle Financial Partners 0.37% 54,253 $5.2M Add +0.2%
GE General Electric filed as GE AEROSPACE 0.37% 16,596 $5.1M New
DFVX Dim US Large Cap Vector ETF 0.36% 67,918 $5.0M No change
KO The Coca-Cola Co. 0.36% 71,457 $5.0M Add +188.2%
FBND Fidelity Total Bond ETF 0.36% 108,355 $5.0M New
VDE Vanguard Energy ETF 0.34% 38,039 $4.8M New
VYM Vanguard High DVD Yield ETF 0.33% 32,390 $4.6M Add +9.9%
NEE Nextera Energy Inc. 0.33% 57,125 $4.6M New
ACWV iShares MSCI Global Min Vol 0.32% 37,721 $4.5M Add +0.0%
IAU iShares Gold Trust 0.30% 52,439 $4.3M Add +115.3%
DFAR Dimensional US Real Est ETF 0.29% 178,392 $4.1M Add +361.4%
PYLD PIMCO Multisector Bond Actv 0.29% 152,332 $4.1M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.29% 35,071 $4.0M New
AGG iShares Core U.S. Aggregate 0.28% 39,018 $3.9M New
NEM Newmont Corp. 0.27% 37,996 $3.8M Add +248.8%
SLV iShares Silver Trust 0.27% 58,468 $3.8M New
AAUS Alpha Architect US Eqy ETF 0.26% 66,518 $3.7M No change
VB Vanguard Most SM-Cap ETF-Usd 0.26% 14,110 $3.6M New
IEFA iShares Core MSCI Eafe ETF 0.26% 40,327 $3.6M Add +59.3%
DFIS Dimensional International SM 0.26% 108,816 $3.6M New
DISV Dimensional International SM 0.25% 93,449 $3.6M New
DUK Duke Energy Corp. 0.25% 30,009 $3.5M Add +72.5%
AVUV Avantis US Small Cap Value 0.25% 34,226 $3.5M New
JEPI JPMorgan Equity Premium Inco 0.25% 59,894 $3.4M New
IVW iShares S&P 500 Growth ETF 0.24% 27,742 $3.4M New
PFE Pfizer Inc. 0.24% 136,804 $3.4M Add +691.0%
IWM iShares Russell 2000 ETF 0.24% 13,765 $3.4M New
CSCO Cisco Systems Inc. 0.24% 43,900 $3.4M New
DFLV Dim US Large Cap Value ETF 0.24% 97,722 $3.3M Add +154.3%
IEMG iShares Core MSCI Emerging 0.24% 49,148 $3.3M New
BND Vanguard Total Bond Market 0.24% 44,370 $3.3M New
NFLX Netflix Inc. 0.23% 34,977 $3.3M New
DFEM Dimensional Emrg MRKT Core 0.23% 96,778 $3.2M Add +176.2%
RSG Republic Services Inc. 0.23% 14,950 $3.2M New
T AT&T Inc. 0.22% 123,830 $3.1M New
QCOM Qualcomm Inc. 0.22% 17,904 $3.1M New
VXUS Vanguard Total Intl Stock 0.21% 39,729 $3.0M New
IVE iShares S&P 500 Value ETF 0.21% 13,811 $2.9M New
IBIT iShares Bitcoin Trust ETF 0.21% 58,555 $2.9M New
QGRO American Century US Quality 0.20% 24,590 $2.8M New
CINF Cincinnati Financial Corp. 0.20% 17,188 $2.8M Add +12.2%
PLTR Palantir Technologies Inc. Class A 0.20% 15,771 $2.8M New
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.20% 47,834 $2.8M New
FENI Fidelity Enhanced Intl ETF 0.20% 75,607 $2.8M New
VZ Verizon Communications Inc. 0.20% 67,447 $2.7M New
VNQ Vanguard Real Estate ETF 0.20% 30,969 $2.7M Add +32.6%
QUAL iShares MSCI USA Quality Fac 0.19% 13,488 $2.7M New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.19% 23,517 $2.6M New
FBCG Fidelity Blue Chip Grow ETF 0.18% 46,203 $2.5M New

Show all 296 holdings

Portfolio Sells Q3 2025 → Q4 2025
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −2.44
DFAX Dimensional World Ex US Core Reduce -0.3% 1.09% −2.00
DFAU Dimensional US Core Equity M Reduce -2.2% 0.74% −1.45
RSP Invesco S&P 500 Equal Weight Sold out 0.00% −0.53
SMB Vaneck Short Muni ETF Reduce -78.8% 0.03% −0.37
SPMD SS SPDR P S&P 400 Midcap ETF Sold out 0.00% −0.24
VSS Vanguard Ftse All Wo X-US SC Reduce -0.1% 0.12% −0.23
BOND PIMCO Active Bond Exchange-T Sold out 0.00% −0.21
PIE Invesco Dorsey Wright Emergi Sold out 0.00% −0.20
GBDC Golub Capital BDC Inc. Sold out 0.00% −0.11
DFAE Dimensional Emerging Core Eq Reduce -29.1% 0.04% −0.11
SPSM SS SPDR P S&P 600 Small Cap Sold out 0.00% −0.11
ANGL Vaneck Fallen Angel High YLD Sold out 0.00% −0.10
SBRA Sabra Health Care REIT Inc. Reduce -6.1% 0.03% −0.06

Portfolio Buys Q3 2025 → Q4 2025
SPY SS SPDR S&P 500 ETF Trust-US Add +914.3% 7.95% +5.69
VEU Vanguard Ftse All-World Ex-U Add +2769.6% 5.12% +4.61
DFUV Dimensional US Marketwide Va Add +3338.8% 2.20% +2.02
DFIV Dimensional International Va New 1.76% +1.76
JPM JPMorgan Chase & Co. New 1.73% +1.73
NVDA Nvidia Corp. New 1.65% +1.65
DFAS Dimensional US Small Cap ETF New 1.54% +1.54
GOOGL Alphabet Inc. Class A New 1.39% +1.39
TSLA Tesla Inc. New 1.24% +1.24
VOO Vanguard S&P 500 ETF New 0.93% +0.93
GOOG Alphabet Inc. Class C New 0.82% +0.82
META Meta Platforms Inc. Class A New 0.73% +0.73
GUNR NT Mstar GLBL NR ETF New 0.71% +0.71
XOM Exxon Mobil Corp. New 0.70% +0.70
GLD SPDR Gold Shares New 0.67% +0.67
HD Home Depot Inc. New 0.64% +0.64
BIL SS SPDR BB 1-3M T-Bill ETF New 0.60% +0.60
MRK Merck & Co. Inc. New 0.59% +0.59
VUG Vanguard Mrngstar GR ETF-Sui New 0.57% +0.57
AVGO Broadcom Inc. New 0.50% +0.50
V Visa Inc. Class A New 0.47% +0.47
VUSB Vanguard Ultra Short Bond Et New 0.44% +0.44
DCOR Dimensional US Core Eq 1 ETF Add +700.9% 0.67% +0.43
PEP Pepsico Inc. New 0.42% +0.42
CVX Chevron Corp. New 0.41% +0.41
MCD McDonald's Corp. New 0.41% +0.41
VAW Vanguard Materials ETF New 0.38% +0.38
DE Deere & Co. New 0.38% +0.38
USMV iShares MSCI USA Min Vol Fac New 0.37% +0.37
ABBV Abbvie Inc. New 0.37% +0.37
GE General Electric New 0.37% +0.37
FBND Fidelity Total Bond ETF New 0.36% +0.36
VDE Vanguard Energy ETF New 0.34% +0.34
NEE Nextera Energy Inc. New 0.33% +0.33
PYLD PIMCO Multisector Bond Actv New 0.29% +0.29
DIS The Walt Disney Co. New 0.29% +0.29
AGG iShares Core U.S. Aggregate New 0.28% +0.28
SLV iShares Silver Trust New 0.27% +0.27
VB Vanguard Most SM-Cap ETF-Usd New 0.26% +0.26
MSFT Microsoft Corp. Add +270.7% 1.74% +0.26
DFIS Dimensional International SM New 0.26% +0.26
DISV Dimensional International SM New 0.25% +0.25
AVUV Avantis US Small Cap Value New 0.25% +0.25
JEPI JPMorgan Equity Premium Inco New 0.25% +0.25
IVW iShares S&P 500 Growth ETF New 0.24% +0.24
IWM iShares Russell 2000 ETF New 0.24% +0.24
CSCO Cisco Systems Inc. New 0.24% +0.24
IEMG iShares Core MSCI Emerging New 0.24% +0.24
BND Vanguard Total Bond Market New 0.24% +0.24
NFLX Netflix Inc. New 0.23% +0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 148$731.1MSPY, DFUV, JPM, DFIV, NVDA
Q1 2026 289$1.5BAAPL, SPY, VEU, NHC, IVV
Q4 2025 296$1.4BAAPL, SPY, VEU, IVV, NHC
Q3 2025 87$473.1MAAPL, NHC, IVV, NHI, DFAX
Q2 2025 157$583.4MSPY, NHI, NVDA, VCIT, TSLA
Q1 2025 140$601.1MIVV, SPY, VTV, VCIT, IJR
Q4 2024Amended 133$620.2MSPY, QQQ, IVV, VTV, IJR
Q3 2024 91$397.6MSPY, QQQ, AAPL, VCIT, SPSB
Q2 2024 310$771.4MSPY, AAPL, QQQ, DFUV, DFIV
Q1 2024 128$594.9MIVV, SPY, QQQ, AAPL, VTV