Marcum Wealth, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 2, 2025), Marcum Wealth, LLC reported 374 stock positions worth $1.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 16.8% of the portfolio, followed by Schwab US Large-Cap ETF (SCHX, 6.9%) and Vanguard Ftse Developed ETF (VEA, 5.6%). Compared with Q4 2024, it opened 24 new positions, sold out of 20, added to 151 and reduced 180. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale Vaneck Cef Muni Income ETF (XMPT, shares −98%).
- Most Recent 13F
- Q1 2025
- Location
- CLEVELAND, OH
- CIK
- 0001784450
- Portfolio Value
- $1.2B (Q1 2025)
- SEC Filing
- 0001784450-25-000004 ↗ filed Apr 2, 2025
Holdings Value
Holdings 374 stocks · $1.2B
| IVV iShares Core S&P 500 ETF | 16.79% | 345,386 | $194.1M | Add +3.0% |
| SCHX Schwab US Large-Cap ETF | 6.91% | 3,618,623 | $79.9M | Reduce -2.8% |
| VEA Vanguard Ftse Developed ETF | 5.61% | 1,276,298 | $64.9M | Reduce -1.4% |
| JAAA Janus Henderson Aaa Clo ETF | 5.41% | 1,232,858 | $62.5M | New |
| SCHA Schwab US Small-Cap ETF | 4.20% | 2,072,513 | $48.6M | Reduce -1.0% |
| IJH iShares Core S&P Midcap ETF | 3.97% | 785,794 | $45.9M | Add +3.3% |
| IEFA iShares Core MSCI Eafe ETF | 3.90% | 596,246 | $45.1M | Reduce -0.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 3.50% | 182,267 | $40.4M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 3.47% | 886,274 | $40.1M | Reduce -20.3% |
| IJR iShares Core S&P Small-Cap E | 3.08% | 340,953 | $35.7M | Add +9.6% |
| AGG iShares Core U.S. Aggregate | 2.02% | 236,340 | $23.4M | Add +3.2% |
| AAPL Apple Inc. | 1.83% | 95,207 | $21.1M | Add +0.8% |
| MSFT Microsoft Corp. | 1.76% | 54,314 | $20.4M | Add +7.6% |
| JMUB JPMorgan Municipal ETF | 1.37% | 315,774 | $15.8M | Reduce -5.3% |
| PGR Progressive Corp. | 1.32% | 53,920 | $15.3M | Add +13.5% |
| VOO Vanguard S&P 500 ETF | 1.31% | 29,530 | $15.2M | Add +1.6% |
| IEMG iShares Core MSCI Emerging | 1.30% | 279,029 | $15.1M | Reduce -5.5% |
| UPS United Parcel Service Class B | 1.03% | 108,545 | $11.9M | Add +0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.80% | 19,661 | $9.2M | Add +0.5% |
| NVDA Nvidia Corp. | 0.78% | 83,594 | $9.1M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.69% | 41,827 | $8.0M | Add +5.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.65% | 20,293 | $7.5M | Reduce -0.6% |
| BJAN Innovator U.S. Equity Buffer | 0.63% | 157,366 | $7.3M | Add +357.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.60% | 25,236 | $6.9M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 0.57% | 26,761 | $6.6M | Reduce -23.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.55% | 11,296 | $6.3M | Reduce -24.4% |
| VIG Vanguard Dividend Apprec ETF | 0.52% | 31,256 | $6.1M | Reduce -0.1% |
| SCHB Schwab US Broad Market ETF | 0.42% | 227,420 | $4.9M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 9,098 | $4.8M | Add +0.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.37% | 16,544 | $4.3M | Add +0.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.37% | 83,568 | $4.3M | Add +1.4% |
| IWF iShares Russell 1000 Growth | 0.37% | 11,702 | $4.2M | Reduce -2.8% |
| META Meta Platforms Inc. Class A | 0.36% | 7,237 | $4.2M | Add +3.7% |
| XOM Exxon Mobil Corp. | 0.34% | 32,902 | $3.9M | Reduce -0.2% |
| PH Parker Hannifin Corp. | 0.34% | 6,409 | $3.9M | Reduce -1.0% |
| HEI.A Heico Corp. Class A | 0.33% | 18,096 | $3.8M | Add +0.0% |
| V Visa Inc. Class A | 0.32% | 10,458 | $3.7M | Add +0.9% |
| MO Altria Group Inc. | 0.32% | 60,852 | $3.7M | Add +0.1% |
| DFIS Dimensional International SM | 0.30% | 134,710 | $3.5M | Add +8.1% |
| MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E | 0.30% | 147,030 | $3.5M | Add +4.1% |
| JMBS Janus Henderson Mortg Backed | 0.29% | 74,065 | $3.3M | Add +1.2% |
| GOOGL Alphabet Inc. Class A | 0.29% | 21,333 | $3.3M | Reduce -1.8% |
| AVGO Broadcom Inc. | 0.28% | 19,406 | $3.2M | Reduce -3.4% |
| CVX Chevron Corp. | 0.26% | 17,823 | $3.0M | Add +1.5% |
| AGGM iShares 1-10 Year U.S. Aggre | 0.25% | 27,787 | $2.9M | No change |
| GOOG Alphabet Inc. Class C | 0.25% | 18,305 | $2.9M | Reduce -4.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 16,254 | $2.8M | Reduce -19.9% |
| LLY Eli Lilly & Co. | 0.24% | 3,375 | $2.8M | Add +0.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.23% | 54,483 | $2.7M | Reduce -11.5% |
| GTO Invesco Total Return Bond Et | 0.23% | 57,117 | $2.7M | Add +2.6% |
| RTX RTX Corp. | 0.23% | 19,733 | $2.6M | Add +97.6% |
| XLK SS Technology Select Sector | 0.22% | 12,475 | $2.6M | Add +2.0% |
| PM Philip Morris International | 0.21% | 15,615 | $2.5M | Reduce -1.4% |
| HD Home Depot Inc. | 0.20% | 6,316 | $2.3M | Reduce -7.3% |
| UNH Unitedhealth Group Inc. | 0.20% | 4,352 | $2.3M | Reduce -4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 9,091 | $2.3M | Reduce -10.2% |
| PG The Procter & Gamble Co. | 0.19% | 13,021 | $2.2M | Reduce -3.3% |
| TSLA Tesla Inc. | 0.18% | 8,235 | $2.1M | Add +11.8% |
| WMT Walmart Inc. | 0.18% | 24,183 | $2.1M | Add +4.5% |
| KJAN Innovator U.S. Small Cap Pow | 0.18% | 57,818 | $2.1M | Add +2.1% |
| HEI Heico Corp. | 0.18% | 7,613 | $2.0M | No change |
| MCD McDonald's Corp. | 0.18% | 6,486 | $2.0M | Add +4.9% |
| DFAC Dimensional US Core Equity 2 | 0.17% | 60,082 | $2.0M | Add +0.2% |
| FEGE First Eagle GL Equity ETF | 0.17% | 52,591 | $2.0M | New |
| ABBV Abbvie Inc. | 0.17% | 9,409 | $2.0M | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.17% | 11,855 | $2.0M | Add +18.9% |
| DFAT Dimensional US Target Value | 0.17% | 37,670 | $1.9M | Reduce -1.8% |
| GS Goldman Sachs Group Inc. | 0.17% | 3,541 | $1.9M | Reduce -4.6% |
| BA The Boeing Co. | 0.16% | 11,132 | $1.9M | Add +3.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.16% | 7,546 | $1.8M | Reduce -0.7% |
| XLF SS Financial Select Sector | 0.16% | 36,858 | $1.8M | Reduce -4.1% |
| ORCL Oracle Corp. | 0.15% | 12,762 | $1.8M | Add +0.7% |
| USHY iShares Broad Usd High Yield | 0.15% | 48,138 | $1.8M | Add +5.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.15% | 28,795 | $1.7M | Reduce -0.3% |
| XLV SS Health Care Select Sector | 0.15% | 11,788 | $1.7M | Add +1.1% |
| BX Blackstone Inc. | 0.14% | 11,627 | $1.6M | Add +0.2% |
| USMV iShares MSCI USA Min Vol Fac | 0.14% | 16,968 | $1.6M | Reduce -1.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.14% | 37,984 | $1.6M | Reduce -0.8% |
| DFUS Dimensional US Eq MKT ETF | 0.14% | 26,023 | $1.6M | Add +0.2% |
| MA Mastercard Inc. Class A | 0.14% | 2,852 | $1.6M | Reduce -1.0% |
| NFLX Netflix Inc. | 0.13% | 1,613 | $1.5M | Add +1.0% |
| DFUV Dimensional US Marketwide Va | 0.13% | 35,500 | $1.5M | Add +0.3% |
| GSLC Goldman Activebeta US LC ETF | 0.13% | 13,247 | $1.5M | Reduce -3.1% |
| T AT&T Inc. | 0.13% | 51,200 | $1.4M | Add +2.5% |
| KO The Coca-Cola Co. | 0.12% | 19,618 | $1.4M | Add +8.5% |
| MRK Merck & Co. Inc. | 0.12% | 15,414 | $1.4M | Reduce -15.2% |
| IYW iShares Ustechnology ETF | 0.12% | 9,787 | $1.4M | Reduce -4.1% |
| PEP Pepsico Inc. | 0.12% | 8,890 | $1.3M | Reduce -2.5% |
| IWD iShares Russell 1000 Value E | 0.11% | 6,941 | $1.3M | Reduce -7.0% |
| BNDX Vanguard Total Intl Bond ETF | 0.11% | 26,340 | $1.3M | Add +1.7% |
| CMCSA Comcast Corp. Class A | 0.11% | 34,716 | $1.3M | Add +5.2% |
| ISRG Intuitive Surgical Inc. | 0.11% | 2,582 | $1.3M | Add +0.3% |
| BSV Vanguard Short-Term Bond ETF | 0.11% | 15,687 | $1.2M | Reduce -3.9% |
| AMGN Amgen Inc. | 0.11% | 3,913 | $1.2M | Add +7.3% |
| ETN Eaton Corp. PLC | 0.10% | 4,420 | $1.2M | Reduce -3.4% |
| AMT American Tower Corp. | 0.10% | 5,518 | $1.2M | Add +9.1% |
| VZ Verizon Communications Inc. | 0.10% | 26,044 | $1.2M | Reduce -3.1% |
| BMY Bristol-Myers Squibb Co. | 0.10% | 19,296 | $1.2M | Add +1.0% |
| CRM Salesforce Inc. | 0.10% | 4,369 | $1.2M | Add +30.9% |
| SCHD Schwab US DVD Equity ETF | 0.10% | 41,890 | $1.2M | Reduce -5.3% |
Other holdings (31): bonds, preferreds, convertibles and warrants · $1.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 526 | $632K | No change |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 26,000 | $23K | Reduce -13.3% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 22,000 | $23K | Add +29.4% |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 23,000 | $22K | Add +64.3% |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | 24,000 | $22K | Reduce -4.0% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 22,000 | $21K | Add +15.8% |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 21,000 | $18K | Reduce -4.5% |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 20,000 | $17K | No change |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | 17,000 | $15K | Reduce -32.0% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 14,000 | $15K | Reduce -39.1% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 16,000 | $15K | No change |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 14,000 | $14K | No change |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 13,000 | $14K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 14,000 | $13K | New |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | 13,000 | $13K | Reduce -31.6% |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | 13,000 | $12K | Add +8.3% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 13,000 | $11K | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 12,000 | $11K | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 12,000 | $11K | No change |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 12,000 | $11K | New |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 12,000 | $11K | Add +9.1% |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 12,000 | $11K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | 12,000 | $11K | New |
| RAPID7 INC (RPD 1.25 03/15/29) | NOTE 1.250% 3/1 · principal | 12,000 | $10K | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 11,000 | $10K | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 11,000 | $10K | No change |
| REDFIN CORP (RDFN 0.5 04/01/27) | NOTE 0.500% 4/0 · principal | 10,000 | $9K | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 10,000 | $9K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 10,000 | $7K | Reduce -16.7% |
| WOLF Wolfspeed Inc. (wolf 1.875 12/01/29) | NOTE 1.875%12/0 · principal | 17,000 | $4K | No change |
| WOLF Wolfspeed Inc. (wolf 0.25 02/15/28) | NOTE 0.250% 2/1 · principal | 12,000 | $3K | No change |
Total filed on the 13F, all lines: $1.2B.
Portfolio Sells Q4 2024 → Q1 2025
| XMPT Vaneck Cef Muni Income ETF | Reduce -97.6% | 0.04% | −1.72 |
| VGLT Vanguard Long-Term Treasury | Reduce -96.2% | 0.03% | −0.80 |
| VWO Vanguard Ftse Emerging Marke | Reduce -20.3% | 3.47% | −0.78 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.8% | 6.91% | −0.58 |
| BJUL Innovator U.S. Equity Buffer | Reduce -84.6% | 0.09% | −0.51 |
| SCHA Schwab US Small-Cap ETF | Reduce -1.0% | 4.20% | −0.49 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.1% | 3.50% | −0.34 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -24.4% | 0.55% | −0.21 |
| NVDA Nvidia Corp. | Reduce -0.8% | 0.78% | −0.20 |
| JPM JPMorgan Chase & Co. | Reduce -23.9% | 0.57% | −0.16 |
| AVGO Broadcom Inc. | Reduce -3.4% | 0.28% | −0.12 |
| JMUB JPMorgan Municipal ETF | Reduce -5.3% | 1.37% | −0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -0.6% | 0.65% | −0.08 |
| GOOGL Alphabet Inc. Class A | Reduce -1.8% | 0.29% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -4.7% | 0.25% | −0.07 |
| SHOP Shopify Inc. Class A | Reduce -59.4% | 0.04% | −0.07 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -19.9% | 0.24% | −0.06 |
| FUN Six Flags Entertainment Corp. | Sold out | 0.00% | −0.05 |
| IWF iShares Russell 1000 Growth | Reduce -2.8% | 0.37% | −0.05 |
| VT Vanguard Tot World STK ETF | Sold out | 0.00% | −0.05 |
| FTSD Franklin Short Duration U.S. | Sold out | 0.00% | −0.05 |
| EFA iShares MSCI Eafe ETF | Reduce -68.0% | 0.02% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -15.2% | 0.12% | −0.04 |
| CEG Constellation Energy | Sold out | 0.00% | −0.04 |
| IEMG iShares Core MSCI Emerging | Reduce -5.5% | 1.30% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -11.5% | 0.23% | −0.03 |
| AOA iShares Core 80/20 Aggressiv | Sold out | 0.00% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −0.03 |
| IAI iShares U.S. Broker-Dealers | Sold out | 0.00% | −0.03 |
| HD Home Depot Inc. | Reduce -7.3% | 0.20% | −0.03 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.03 |
| LECO Lincoln Electric Holdings | Reduce -38.7% | 0.05% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -3.4% | 0.10% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Sold out | 0.00% | −0.03 |
| EXC Exelon Corp. | Sold out | 0.00% | −0.02 |
| IYW iShares Ustechnology ETF | Reduce -4.1% | 0.12% | −0.02 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.02 |
| HON Honeywell International Inc. | Reduce -20.9% | 0.06% | −0.02 |
| PH Parker Hannifin Corp. | Reduce -1.0% | 0.34% | −0.02 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.02 |
| RWR SS SPDR Dow Jones REIT ETF | Sold out | 0.00% | −0.02 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.02 |
| IUSG iShares Core S&P U.S. Growth | Sold out | 0.00% | −0.02 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −0.02 |
| VMC Vulcan Materials Co. | Sold out | 0.00% | −0.02 |
| FCX Freeport-McMoran Inc. | Reduce -43.8% | 0.02% | −0.02 |
| SPG Simon Property Group Inc. | Sold out | 0.00% | −0.02 |
| PSCI Invesco S&P Smallcap Industr | Sold out | 0.00% | −0.02 |
| DFAT Dimensional US Target Value | Reduce -1.8% | 0.17% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -4.6% | 0.17% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| JAAA Janus Henderson Aaa Clo ETF | New | 5.41% | +5.41 |
| BJAN Innovator U.S. Equity Buffer | Add +357.7% | 0.63% | +0.49 |
| SCHB Schwab US Broad Market ETF | New | 0.42% | +0.42 |
| PGR Progressive Corp. | Add +13.5% | 1.32% | +0.33 |
| FEGE First Eagle GL Equity ETF | New | 0.17% | +0.17 |
| RTX RTX Corp. | Add +97.6% | 0.23% | +0.13 |
| AGG iShares Core U.S. Aggregate | Add +3.2% | 2.02% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 0.42% | +0.06 |
| SCHZ Schwab US Aggregate Bond ETF | New | 0.06% | +0.06 |
| SCHF Schwab Intl Equity ETF | New | 0.05% | +0.05 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +104.7% | 0.10% | +0.05 |
| JNJ Johnson & Johnson | Add +18.9% | 0.17% | +0.04 |
| IGV iShares Expanded Tech-Softwa | New | 0.04% | +0.04 |
| MO Altria Group Inc. | Add +0.1% | 0.32% | +0.04 |
| HEI.A Heico Corp. Class A | Add +0.0% | 0.33% | +0.04 |
| CVX Chevron Corp. | Add +1.5% | 0.26% | +0.04 |
| DFIS Dimensional International SM | Add +8.1% | 0.30% | +0.04 |
| V Visa Inc. Class A | Add +0.9% | 0.32% | +0.03 |
| CVS CVS Health Corp. | Add +30.2% | 0.07% | +0.03 |
| GLP Global Partners LP | New | 0.03% | +0.03 |
| T AT&T Inc. | Add +2.5% | 0.13% | +0.03 |
| SOXX iShares Semiconductor ETF | New | 0.03% | +0.03 |
| DUK Duke Energy Corp. | Add +18.6% | 0.10% | +0.03 |
| SNY Sanofi-ADR | New | 0.03% | +0.03 |
| KO The Coca-Cola Co. | Add +8.5% | 0.12% | +0.02 |
| AMT American Tower Corp. | Add +9.1% | 0.10% | +0.02 |
| LRCX Lam Research Corp. | New | 0.02% | +0.02 |
| AMGN Amgen Inc. | Add +7.3% | 0.11% | +0.02 |
| INTC Intel Corp. | New | 0.02% | +0.02 |
| DEO Diageo PLC-Sponsored ADR | New | 0.02% | +0.02 |
| CAH Cardinal Health Inc. | New | 0.02% | +0.02 |
| JPMB JPMorgan Usd Emerging Market | New | 0.02% | +0.02 |
| MCD McDonald's Corp. | Add +4.9% | 0.18% | +0.02 |
| SNPS Synopsys Inc. | New | 0.02% | +0.02 |
| AZO AutoZone Inc. | New | 0.02% | +0.02 |
| KR Kroger Co. | New | 0.02% | +0.02 |
| ELV Elevance Health Inc. | New | 0.02% | +0.02 |
| HII Huntington Ingalls Industrie | New | 0.02% | +0.02 |
| NGG National Grid PLC-SP ADR | New | 0.02% | +0.02 |
| VICI Vici Properties Inc. | New | 0.02% | +0.02 |
| PAYX Paychex Inc. | New | 0.02% | +0.02 |
| VRSK Verisk Analytics Inc. | New | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.24% | +0.02 |
| BDX Becton Dickinson and Co. | Add +30.6% | 0.07% | +0.02 |
| MDLZ Mondelez International Inc. Class A | Add +44.3% | 0.04% | +0.01 |
| SBUX Starbucks Corp. | Add +8.7% | 0.09% | +0.01 |
| ABT Abbott Laboratories | Add +5.5% | 0.07% | +0.01 |
| CSCO Cisco Systems Inc. | Add +9.6% | 0.10% | +0.01 |
| BABA Alibaba Group Holding-SP ADR | Add +3.2% | 0.03% | +0.01 |
| TTE Totalenergies SE -Spon ADR | Add +32.7% | 0.03% | +0.01 |
Notes & Other Activity Q4 2024 → Q1 2025
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -13.3% | 26,000 | $23K |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Add +29.4% | 22,000 | $23K |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 21,000 | $22Kbefore exit |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Add +64.3% | 23,000 | $22K |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Reduce -4.0% | 24,000 | $22K |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Add +15.8% | 22,000 | $21K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -4.5% | 21,000 | $18K |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Reduce -32.0% | 17,000 | $15K |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Reduce -39.1% | 14,000 | $15K |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | Sold out | 14,000 | $15Kbefore exit |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Sold out | 15,000 | $15Kbefore exit |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 14,000 | $14Kbefore exit |
| CENTERPOINT ENERGY INC (CNP 4.25 08/15/26) | NOTE 4.250% 8/1 · principal | Sold out | 14,000 | $14Kbefore exit |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | New | 13,000 | $14K |
| BOFA FINANCE LLC (BAC 0.6 05/25/27 MTN) | MTNF 0.600% 5/2 · principal | Sold out | 13,000 | $13Kbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | New | 14,000 | $13K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | Sold out | 13,000 | $13Kbefore exit |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Sold out | 13,000 | $13Kbefore exit |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Reduce -31.6% | 13,000 | $13K |
| SAREPTA THERAPEUTICS INC (SRPT 1.25 09/15/27) | NOTE 1.250% 9/1 · principal | Add +8.3% | 13,000 | $12K |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Sold out | 11,000 | $12Kbefore exit |
| CABLE ONE INC (CABO 1.125 03/15/28) | NOTE 1.125% 3/1 · principal | Sold out | 14,000 | $12Kbefore exit |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 11,000 | $11Kbefore exit |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | New | 12,000 | $11K |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +9.1% | 12,000 | $11K |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | New | 12,000 | $11K |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | New | 11,000 | $10K |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Reduce -16.7% | 10,000 | $7K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.