MAI Capital Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), MAI Capital Management reported 3,760 stock positions worth $14.4 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 7.4% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.4%) and Microsoft (MSFT, 3.2%). Compared with Q1 2025, it opened 617 new positions, sold out of 106, added to 1,627 and reduced 775. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +5%) and the biggest sale Eli Lilly (LLY, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- INDEPENDENCE, OH
- CIK
- 0001040197
- Portfolio Value
- $14.4B (Q2 2025)
- SEC Filing
- 0001040197-25-000005 ↗ filed Aug 12, 2025
Holdings Value
Holdings 3,760 stocks · $14.4B
| IVV iShares Core S&P 500 ETF | 7.43% | 1,724,153 | $1.1B | Add +5.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.35% | 781,145 | $482.6M | Add +3.3% |
| MSFT Microsoft Corp. | 3.20% | 926,612 | $460.9M | Reduce -2.8% |
| AAPL Apple Inc. | 2.69% | 1,886,893 | $387.1M | Add +0.5% |
| IJH iShares Core S&P Midcap ETF | 2.28% | 5,293,658 | $328.3M | Add +8.4% |
| NVDA Nvidia Corp. | 1.68% | 1,529,438 | $241.6M | Reduce -4.8% |
| AMZN Amazon.com Inc. | 1.62% | 1,064,938 | $233.6M | Reduce -0.3% |
| VEA Vanguard Ftse Developed ETF | 1.60% | 4,032,047 | $229.9M | Add +5.5% |
| IJR iShares Core S&P Small-Cap E | 1.54% | 2,026,145 | $221.4M | Add +1.8% |
| IVE iShares S&P 500 Value ETF | 1.38% | 1,019,527 | $199.2M | Add +3.4% |
| VIG Vanguard Dividend Apprec ETF | 1.34% | 943,374 | $193.1M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.32% | 345,449 | $190.6M | Add +1.4% |
| AVGO Broadcom Inc. | 1.27% | 663,927 | $183.0M | Reduce -1.6% |
| IEFA iShares Core MSCI Eafe ETF | 1.27% | 2,188,260 | $182.7M | Add +7.8% |
| IWF iShares Russell 1000 Growth | 1.18% | 398,651 | $169.3M | Reduce -5.2% |
| VWO Vanguard Ftse Emerging Marke | 1.15% | 3,344,313 | $165.4M | Reduce -0.5% |
| GOOGL Alphabet Inc. Class A | 1.02% | 829,689 | $146.2M | Reduce -3.4% |
| SGOV iShares 0-3 Month Treasury B | 1.01% | 1,446,099 | $145.6M | Reduce -3.2% |
| MDY State Street SPDR S&P Midcap | 0.98% | 249,015 | $141.1M | Add +1.9% |
| META Meta Platforms Inc. Class A | 0.96% | 187,612 | $138.5M | Reduce -10.3% |
| JPM JPMorgan Chase & Co. | 0.89% | 440,915 | $127.8M | Add +3.0% |
| V Visa Inc. Class A | 0.89% | 359,628 | $127.7M | Reduce -7.0% |
| IEMG iShares Core MSCI Emerging | 0.88% | 2,108,966 | $126.6M | Add +17.0% |
| IVW iShares S&P 500 Growth ETF | 0.85% | 1,114,092 | $122.7M | Add +5.9% |
| GOOG Alphabet Inc. Class C | 0.79% | 638,331 | $113.2M | Reduce -10.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.75% | 355,582 | $108.1M | Reduce -1.1% |
| SDY SS SPDR S&P Dividend ETF | 0.72% | 767,082 | $104.1M | Add +2.5% |
| IWM iShares Russell 2000 ETF | 0.72% | 481,751 | $104.0M | Add +8.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.70% | 208,599 | $101.3M | Add +2.0% |
| RSP Invesco S&P 500 Equal Weight | 0.70% | 556,734 | $101.2M | Add +2.4% |
| ABBV Abbvie Inc. | 0.70% | 539,434 | $100.1M | Add +3.9% |
| COST Costco Wholesale Corp. | 0.66% | 95,818 | $94.9M | Add +1.0% |
| VGSH Vanguard Short-Term Treasury | 0.61% | 1,503,531 | $88.4M | Add +6.4% |
| PG The Procter & Gamble Co. | 0.61% | 548,346 | $87.4M | Add +1.6% |
| JNJ Johnson & Johnson | 0.60% | 561,519 | $85.8M | Reduce -0.5% |
| HD Home Depot Inc. | 0.59% | 230,667 | $84.6M | Reduce -3.7% |
| SHW The Sherwin-Williams Co. | 0.59% | 246,019 | $84.5M | Reduce -4.6% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.55% | 991,382 | $78.8M | Add +2.6% |
| RTX RTX Corp. | 0.53% | 527,003 | $77.0M | Reduce -1.2% |
| NFLX Netflix Inc. | 0.53% | 56,927 | $76.2M | Reduce -13.9% |
| PULS Pgim Ultra Short Bond ETF | 0.52% | 1,506,101 | $74.9M | Add +5.5% |
| ORCL Oracle Corp. | 0.52% | 342,770 | $74.9M | Add +0.3% |
| VOO Vanguard S&P 500 ETF | 0.51% | 128,494 | $73.0M | Add +3.4% |
| BKNG Booking Holdings Inc. | 0.50% | 12,325 | $71.4M | Reduce -7.0% |
| UNH Unitedhealth Group Inc. | 0.49% | 224,275 | $70.0M | Add +20.1% |
| IWD iShares Russell 1000 Value E | 0.48% | 358,539 | $69.6M | Add +10.0% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.46% | 729,867 | $66.4M | Reduce -1.5% |
| SCHG Schwab US Large-Cap Growth | 0.46% | 2,252,000 | $65.8M | Add +0.0% |
| CSCO Cisco Systems Inc. | 0.46% | 946,246 | $65.7M | Add +0.7% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.46% | 1,243,214 | $65.6M | Add +4.5% |
| ABT Abbott Laboratories | 0.45% | 481,563 | $65.5M | Add +6.2% |
| LLY Eli Lilly & Co. | 0.45% | 82,495 | $64.3M | Reduce -24.7% |
| MA Mastercard Inc. Class A | 0.41% | 105,732 | $59.4M | Reduce -9.9% |
| SCHD Schwab US DVD Equity ETF | 0.40% | 2,177,360 | $57.7M | Add +1.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.39% | 248,588 | $56.3M | Add +5.2% |
| QCOM Qualcomm Inc. | 0.39% | 351,634 | $56.0M | Add +1.8% |
| WMT Walmart Inc. | 0.37% | 542,905 | $53.1M | Add +5.2% |
| SYK Stryker Corp. | 0.36% | 129,597 | $51.3M | Add +20.0% |
| XOM Exxon Mobil Corp. | 0.36% | 474,428 | $51.1M | Add +5.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.35% | 1,076,005 | $50.9M | Add +4.0% |
| VGT Vanguard Info Tech ETF | 0.35% | 76,223 | $50.6M | Reduce -1.4% |
| BSCQ Invesco Bulletshares 2026 CB | 0.35% | 2,548,276 | $49.7M | Reduce -3.3% |
| BSCP Invesco Bulletshares 2025 CB | 0.34% | 2,357,194 | $48.7M | Reduce -7.5% |
| BSCR Invesco Bulletshares 2027 CB | 0.33% | 2,410,055 | $47.4M | Add +5.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.33% | 498,855 | $46.8M | Reduce -0.8% |
| ACN Accenture PLC Class A | 0.32% | 155,389 | $46.4M | Reduce -0.5% |
| IEF iShares 7-10 Year Treasury B | 0.32% | 476,652 | $45.6M | Add +1.3% |
| CB Chubb Ltd. | 0.32% | 157,131 | $45.5M | Add +4.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.31% | 103,358 | $45.3M | Reduce -0.1% |
| HON Honeywell International Inc. | 0.31% | 194,108 | $45.2M | Add +1.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.31% | 188,608 | $44.7M | Reduce -9.5% |
| QLTA iShares Aaa - A Rated Corpor | 0.31% | 932,200 | $44.6M | Add +6.2% |
| SLQD iShares 0-5 YR Inv GRD Corp. | 0.31% | 879,957 | $44.5M | Add +3.0% |
| SPAB SS SPDR P Agg Bond ETF | 0.30% | 1,715,318 | $43.9M | Add +5.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.30% | 823,158 | $43.9M | Add +9.3% |
| MCD McDonald's Corp. | 0.30% | 148,599 | $43.4M | Add +1.3% |
| XLK SS Technology Select Sector | 0.30% | 169,218 | $42.9M | Reduce -1.4% |
| VZ Verizon Communications Inc. | 0.30% | 984,942 | $42.6M | Add +0.6% |
| VONE Vanguard Russell 1000 | 0.30% | 151,668 | $42.6M | Add +7.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 240,118 | $42.4M | Reduce -16.3% |
| PEP Pepsico Inc. | 0.29% | 318,252 | $42.0M | Reduce -7.6% |
| SCHF Schwab Intl Equity ETF | 0.29% | 1,901,395 | $42.0M | Add +14.0% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.29% | 332,483 | $41.1M | Add +0.7% |
| PPA Invesco Aerospace & Defense | 0.29% | 289,831 | $41.1M | Reduce -7.4% |
| VHT Vanguard Health Care ETF | 0.28% | 164,457 | $40.8M | Reduce -2.1% |
| IWN iShares Russell 2000 Value E | 0.28% | 257,179 | $40.6M | Add +0.0% |
| IWR iShares Russell Mid-Cap ETF | 0.28% | 434,754 | $40.0M | Add +14.5% |
| ETN Eaton Corp. PLC | 0.27% | 108,879 | $38.9M | Add +1.0% |
| TSLA Tesla Inc. | 0.26% | 117,703 | $37.4M | Add +8.4% |
| CVX Chevron Corp. | 0.25% | 248,522 | $35.6M | Add +2.2% |
| EFA iShares MSCI Eafe ETF | 0.25% | 395,969 | $35.4M | Add +0.8% |
| AGG iShares Core U.S. Aggregate | 0.24% | 353,400 | $35.1M | Add +8.6% |
| KO The Coca-Cola Co. | 0.24% | 486,819 | $34.4M | Add +12.7% |
| DFAI Dimensional International Co. | 0.24% | 987,085 | $34.1M | Add +7.9% |
| IGF iShares Global Infrastructur | 0.23% | 562,147 | $33.3M | Add +10.9% |
| IAU iShares Gold Trust | 0.23% | 529,102 | $33.0M | Reduce -2.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.23% | 805,968 | $32.6M | Reduce -5.2% |
| TLH iShares 10-20 Year Treasury | 0.22% | 317,095 | $32.2M | Add +1.6% |
| BSCS Invesco Bulletshares 2028 CB | 0.22% | 1,569,972 | $32.2M | Add +0.3% |
| SCHX Schwab US Large-Cap ETF | 0.22% | 1,302,510 | $31.8M | Reduce -0.6% |
Options reported separately and not counted above: SHW puts ($5.3M), MSFT puts ($4.9M), CDNS puts ($4.3M), AAPL calls ($4.2M), AAPL puts ($4.1M), NVDA calls ($4.0M), LLY puts ($4.0M), ABNB puts ($3.5M), APO calls ($1.8M), HD puts ($1.8M), ISRG puts ($1.8M), TSM calls ($1.8M), and 171 more.
Other holdings (13): bonds, preferreds, convertibles and warrants · $282K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 87 | $106K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 45 | $53K | Reduce -25.0% |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 49,000 | $45K | No change |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 800 | $39K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 1,555 | $32K | Reduce -4.6% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 103 | $4K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 388 | $1K | No change |
| RBOT.WS Vicarious Surgical Inc.-CW27 | *W EXP 09/17/202 | 25,000 | $728 | No change |
| LMP CAPITAL AND INCOME FUND | RIGHT 07/11/2025 | 6,000 | $427 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 1 | $108 | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 18 | $70 | Add +5.9% |
| TBLAW Taboola.com Ltd. -CW27 | *W EXP 99/99/999 | 200 | $48 | No change |
| SAFETY SHOT INC | *W EXP 10/30/202 | 1,225 | $26 | No change |
Lines left out (2) · $2 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| GOLD RESOURCE CORP | COM | 0 | $1 |
| IFLN Invesco Bloomberg Enhanced F | BLOO EN ANGE ETF | 0 | $1 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $14.4B.
Portfolio Sells Q1 2025 → Q2 2025
| LLY Eli Lilly & Co. | Reduce -24.7% | 0.45% | −0.24 |
| PFE Pfizer Inc. | Reduce -73.5% | 0.06% | −0.20 |
| V Visa Inc. Class A | Reduce -7.0% | 0.89% | −0.14 |
| SGOV iShares 0-3 Month Treasury B | Reduce -3.2% | 1.01% | −0.13 |
| JNJ Johnson & Johnson | Reduce -0.5% | 0.60% | −0.11 |
| PEP Pepsico Inc. | Reduce -7.6% | 0.29% | −0.10 |
| SHW The Sherwin-Williams Co. | Reduce -4.6% | 0.59% | −0.10 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -16.3% | 0.29% | −0.08 |
| HD Home Depot Inc. | Reduce -3.7% | 0.59% | −0.08 |
| MA Mastercard Inc. Class A | Reduce -9.9% | 0.41% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -10.9% | 0.79% | −0.06 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -7.5% | 0.34% | −0.06 |
| APP AppLovin Corp. Class A | Reduce -39.7% | 0.16% | −0.06 |
| OTIS Otis Worldwide Corp. | Reduce -49.8% | 0.04% | −0.05 |
| VHT Vanguard Health Care ETF | Reduce -2.1% | 0.28% | −0.05 |
| ACN Accenture PLC Class A | Reduce -0.5% | 0.32% | −0.05 |
| BSCQ Invesco Bulletshares 2026 CB | Reduce -3.3% | 0.35% | −0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -9.5% | 0.31% | −0.04 |
| TRVI Trevi Therapeutics Inc. | Reduce -38.8% | 0.03% | −0.03 |
| PJT PJT Partners Inc. Class A | Reduce -34.9% | 0.08% | −0.03 |
| COP Conocophillips | Reduce -2.7% | 0.11% | −0.03 |
| IBB iShares Biotechnology ETF | Reduce -28.3% | 0.06% | −0.03 |
| SCHM Schwab US Mid Cap ETF | Reduce -22.5% | 0.10% | −0.03 |
| AMGN Amgen Inc. | Reduce -1.1% | 0.14% | −0.03 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.8% | 0.33% | −0.03 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -4.0% | 0.12% | −0.03 |
| CRM Salesforce Inc. | Reduce -22.8% | 0.07% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -20.7% | 0.19% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.2% | 0.05% | −0.03 |
| PFF iShares Preferred & Income S | Reduce -4.0% | 0.19% | −0.03 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -5.9% | 0.15% | −0.03 |
| FWONK Liberty Media Corp. Class C | Reduce -31.9% | 0.07% | −0.03 |
| GBDC Golub Capital BDC Inc. | Reduce -4.7% | 0.13% | −0.02 |
| ZTS Zoetis Inc. | Reduce -7.1% | 0.10% | −0.02 |
| LMBS First Trust Low Duration Opp | Reduce -87.9% | 0.00% | −0.02 |
| SLB SLB Ltd. | Reduce -63.6% | 0.01% | −0.02 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -85.5% | 0.00% | −0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -4.2% | 0.17% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -7.4% | 0.04% | −0.02 |
| ACIO Aptus Collared Invest Opp | Reduce -9.2% | 0.18% | −0.02 |
| INDA iShares MSCI India ETF | Reduce -96.9% | 0.00% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -48.0% | 0.02% | −0.02 |
| TRGP Targa Resources Corp. | Reduce -1.2% | 0.06% | −0.02 |
| PJAN Innovator U.S. Equity Power | Reduce -27.5% | 0.04% | −0.02 |
| IAU iShares Gold Trust | Reduce -2.9% | 0.23% | −0.01 |
| UPS United Parcel Service Class B | Reduce -20.4% | 0.03% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -1.4% | 0.06% | −0.01 |
| OBDC Blue Owl Capital Corp. | Reduce -6.2% | 0.07% | −0.01 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -4.7% | 0.11% | −0.01 |
| AMT American Tower Corp. | Reduce -0.2% | 0.17% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| IVV iShares Core S&P 500 ETF | Add +5.0% | 7.43% | +0.44 |
| ORCL Oracle Corp. | Add +0.3% | 0.52% | +0.16 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.3% | 3.35% | +0.15 |
| JPST JPMorgan Ultra-Short Income | Add +509.1% | 0.17% | +0.14 |
| IEMG iShares Core MSCI Emerging | Add +17.0% | 0.88% | +0.14 |
| VEA Vanguard Ftse Developed ETF | Add +5.5% | 1.60% | +0.13 |
| IJH iShares Core S&P Midcap ETF | Add +8.4% | 2.28% | +0.12 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.4% | 1.32% | +0.11 |
| IVW iShares S&P 500 Growth ETF | Add +5.9% | 0.85% | +0.11 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.8% | 1.27% | +0.11 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.2% | 0.39% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +3.0% | 0.89% | +0.09 |
| MU Micron Technology Inc. | Add +456.0% | 0.07% | +0.06 |
| IWM iShares Russell 2000 ETF | Add +8.6% | 0.72% | +0.05 |
| SYK Stryker Corp. | Add +20.0% | 0.36% | +0.05 |
| ETN Eaton Corp. PLC | Add +1.0% | 0.27% | +0.05 |
| TSLA Tesla Inc. | Add +8.4% | 0.26% | +0.05 |
| FISV Fiserv Inc. | Add +140.3% | 0.10% | +0.04 |
| SCHF Schwab Intl Equity ETF | Add +14.0% | 0.29% | +0.04 |
| PAPR Innovator U.S. Equity Power | Add +1817.2% | 0.04% | +0.04 |
| NAPR Innovator Growth 100 Power B | Add +659.5% | 0.04% | +0.04 |
| SCZ iShares MSCI Eafe Small-Cap | Add +21.3% | 0.17% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +48.9% | 0.09% | +0.03 |
| IWR iShares Russell Mid-Cap ETF | Add +14.5% | 0.28% | +0.03 |
| TTD Trade Desk Inc./the Class A | Add +42.3% | 0.08% | +0.03 |
| GE General Electric | Add +1.3% | 0.20% | +0.03 |
| CAT Caterpillar Inc. | Add +38.9% | 0.09% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.7% | 0.12% | +0.03 |
| SCHG Schwab US Large-Cap Growth | Add +0.0% | 0.46% | +0.03 |
| CTAS Cintas Corp. | Add +84.7% | 0.06% | +0.03 |
| SMMD iShares Russell 2500 ETF | Add +2596.1% | 0.03% | +0.03 |
| ADBE Adobe Inc. | Add +31.1% | 0.15% | +0.03 |
| BAC Bank of America Corp. | Add +4.0% | 0.35% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +1.3% | 0.15% | +0.03 |
| WMT Walmart Inc. | Add +5.2% | 0.37% | +0.03 |
| VONE Vanguard Russell 1000 | Add +7.8% | 0.30% | +0.03 |
| VOO Vanguard S&P 500 ETF | Add +3.4% | 0.51% | +0.02 |
| NOW ServiceNow Inc. | Add +8.2% | 0.10% | +0.02 |
| IGF iShares Global Infrastructur | Add +10.9% | 0.23% | +0.02 |
| MRK Merck & Co. Inc. | Add +46.0% | 0.14% | +0.02 |
| DFAI Dimensional International Co. | Add +7.9% | 0.24% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +26.6% | 0.04% | +0.02 |
| SCHB Schwab US Broad Market ETF | Add +10.7% | 0.18% | +0.02 |
| ARE Alexandria Real Estate Equit | Add +3356.9% | 0.02% | +0.02 |
| IWP iShares Russell Mid-Cap Grow | Add +8.7% | 0.13% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +10.0% | 0.48% | +0.02 |
| XBI SS SPDR S&P Biotech ETF | Add +482.9% | 0.02% | +0.02 |
| CSCO Cisco Systems Inc. | Add +0.7% | 0.46% | +0.02 |
| MS Morgan Stanley | Add +0.8% | 0.16% | +0.02 |
| INTU Intuit Inc. | Add +4.5% | 0.08% | +0.02 |
Options Activity Q1 2025 → Q2 2025
| SHW The Sherwin-Williams Co. | put | Add +120.0% | 15,400 | $5.3M |
| MSFT Microsoft Corp. | put | Reduce -5.7% | 9,900 | $4.9M |
| CDNS Cadence Design SYS Inc. | put | Reduce -0.7% | 13,800 | $4.3M |
| AAPL Apple Inc. | call | Add +6733.3% | 20,500 | $4.2M |
| AAPL Apple Inc. | put | Reduce -16.5% | 20,200 | $4.1M |
| LLY Eli Lilly & Co. | put | Reduce -12.1% | 5,100 | $4.0M |
| TT Trane Technologies PLC | put | Sold out | 7,000 | $2.4Mbefore exit |
| APO Apollo Global Management Inc. | call | Add +62.8% | 12,700 | $1.8M |
| HD Home Depot Inc. | put | Add +63.3% | 4,900 | $1.8M |
| TSM Taiwan Semiconductor-SP ADR | call | Add +90.2% | 7,800 | $1.8M |
| QCOM Qualcomm Inc. | put | Reduce -2.8% | 10,500 | $1.7M |
| MCK McKesson Corp. | put | Reduce -4.5% | 2,100 | $1.5M |
| GOOGL Alphabet Inc. Class A | put | Add +8.4% | 7,700 | $1.4M |
| TSCO Tractor Supply Company | put | New | 13,000 | $686K |
| META Meta Platforms Inc. Class A | call | Add +33.3% | 800 | $590K |
| AMZN Amazon.com Inc. | put | Reduce -9.1% | 2,000 | $439K |
| NFLX Netflix Inc. | call | Add +50.0% | 300 | $402K |
| MSFT Microsoft Corp. | call | Reduce -11.1% | 800 | $398K |
| TSLA Tesla Inc. | put | New | 1,100 | $349K |
| IR Ingersoll-Rand Inc. | put | Sold out | 4,000 | $320Kbefore exit |
| LEN Lennar Corp. Class A | call | New | 2,800 | $310K |
| ADSK Autodesk Inc. | put | Reduce -47.4% | 1,000 | $310K |
| LBRT Liberty Energy Inc. | put | Sold out | 19,500 | $309Kbefore exit |
| AMZN Amazon.com Inc. | call | Reduce -95.0% | 1,400 | $307K |
| TER Teradyne Inc. | put | Reduce -40.0% | 3,300 | $297K |
| VOO Vanguard S&P 500 ETF | put | New | 500 | $284K |
| UNH Unitedhealth Group Inc. | call | Add +350.0% | 900 | $281K |
| HD Home Depot Inc. | call | Add +40.0% | 700 | $257K |
| GOOGL Alphabet Inc. Class A | call | Reduce -7.1% | 1,300 | $229K |
| DE Deere & Co. | call | Add +33.3% | 400 | $203K |
| SMH Vaneck Semiconductor ETF | call | Add +20.0% | 600 | $167K |
| PG The Procter & Gamble Co. | call | Add +11.1% | 1,000 | $159K |
| DIS The Walt Disney Co. | call | Reduce -7.7% | 1,200 | $149K |
| AMD Advanced Micro Devices | call | Add +50.0% | 900 | $128K |
| IBM Intl Business Machines Corp. | call | Add +33.3% | 400 | $118K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 200 | $112Kbefore exit |
| QCOM Qualcomm Inc. | call | Reduce -14.3% | 600 | $96K |
| CRM Salesforce Inc. | call | Add +50.0% | 300 | $82K |
| MSTR Strategy Inc. | call | Reduce -86.7% | 200 | $81K |
| CVX Chevron Corp. | call | Add +25.0% | 500 | $72K |
| PLTR Palantir Technologies Inc. Class A | put | Reduce -50.0% | 500 | $68K |
| CMG Chipotle Mexican Grill Inc. | call | Reduce -80.0% | 1,200 | $67K |
| LOW Lowe's Cos Inc. | call | Add +50.0% | 300 | $67K |
| IESC Ies Holdings Inc. | call | Sold out | 400 | $66Kbefore exit |
| WFC Wells Fargo & Co. | call | New | 800 | $64K |
| TSCO Tractor Supply Company | call | Add +10.0% | 1,100 | $58K |
| UPS United Parcel Service Class B | call | Add +25.0% | 500 | $50K |
| TGT Target Corp. | call | Add +25.0% | 500 | $49K |
| DASH DoorDash Inc. Class A | call | Add +100.0% | 200 | $49K |
| XLV SS Health Care Select Sector | call | Reduce -50.0% | 300 | $40K |
Showing the first 50 of 71.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -25.0% | 45 | $53K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -4.6% | 1,555 | $32K |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | Add +5.9% | 18 | $70 |
| THD iShares MSCI Thailand ETF | MSCI THAILND ETF | Sold out | 0 | $23before exit |
| HYMCW Hycroft Mining Holding | *W EXP 05/29/202 | Sold out | 6,000 | $15before exit |
| ASEA Global X Ftse Southeast Asia | GBL X FTSE ETF | Sold out | 0 | $4before 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 | 1,884 | $26.3B | IVV, SPY, AAPL, GLDM, NVDA |
| Q1 2026 | 4,791 | $17.6B | IVV, AAPL, SPY, MSFT, IJH |
| Q4 2025 | 4,124 | $17.3B | IVV, SPY, AAPL, MSFT, IJH |
| Q3 2025 | 3,587 | $16.0B | IVV, SPY, AAPL, MSFT, IJH |
| Q2 2025 | 3,760 | $14.4B | IVV, SPY, MSFT, AAPL, IJH |
| Q1 2025 | 3,248 | $13.2B | IVV, SPY, AAPL, MSFT, IJH |
| Q4 2024 | 3,305 | $13.4B | IVV, AAPL, SPY, MSFT, IJH |
| Q3 2024 | 1,095 | $10.4B | IVV, SPY, AAPL, MSFT, IJH |
| Q2 2024 | 1,257 | $10.2B | IVV, MSFT, SPY, AAPL, IJH |
| Q1 2024 | 1,219 | $9.6B | IVV, SPY, MSFT, AAPL, IJH |