Mason & Associates Inc

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Mason & Associates Inc reported 133 stock positions worth $496.5 million. Its top holding was JPMorgan US Quality Factor (JQUA) at 17.5% of the portfolio, followed by Columbia Resear Enh Cor ETF (RECS, 8.5%) and Dimensional US Eq MKT ETF (DFUS, 7.5%). Compared with Q2 2025, it opened 20 new positions, sold out of 7, added to 58 and reduced 25. The biggest buy was Avantis International Equity (AVDE, shares +52%) and the biggest sale an exit from Wisdomtree International Hed (IHDG).

Most Recent 13F
Q2 2026
Location
LOS ANGELES, CA
CIK
0001917686
Portfolio Value
$496.5M (Q3 2025)
SEC Filing
0001917686-25-000007 ↗ filed Nov 7, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $374.9M Q1 2024 Q2 2024: $375.9M Q2 2024 Q3 2024: $400.8M Q3 2024 Q4 2024: $425.0M Q4 2024 Q1 2025: $402.4M Q1 2025 Q2 2025: $433.2M Q2 2025 Q3 2025: $496.5M $496.5M Q3 2025 Q4 2025: $531.3M Q4 2025 Q1 2026: $515.0M Q1 2026 Q2 2026: $619.0M Q2 2026

Holdings 133 stocks · $496.5M
JQUA JPMorgan US Quality Factor 17.50% 1,381,590 $86.9M Add +1.8%
RECS Columbia Resear Enh Cor ETF 8.48% 1,043,218 $42.1M Add +1.4%
DFUS Dimensional US Eq MKT ETF 7.55% 517,456 $37.5M Add +1.2%
AVDE Avantis International Equity 4.23% 266,192 $21.0M Add +51.7%
HFXI Nylim Ftse Intr Eq CN ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET 4.06% 650,287 $20.2M Add +48.1%
JAAA Janus Henderson Aaa Clo ETF 3.50% 341,813 $17.4M Add +48.3%
SMH Vaneck Semiconductor ETF 3.36% 51,150 $16.7M Add +1.3%
VCSH Vanguard S/T Corp. Bond ETF 3.34% 207,221 $16.6M Add +10.2%
AGZ iShares Agency Bond ETF 2.99% 134,573 $14.9M Add +8.9%
GPIX GLDM SA S&P 500 PR in ETF-US 2.38% 226,231 $11.8M Add +8.8%
AVEM Avantis Emerging Markets Eq 2.09% 138,376 $10.4M Add +58.7%
NVDA Nvidia Corp. 2.05% 54,566 $10.2M Reduce -1.1%
AAPL Apple Inc. 1.93% 37,727 $9.6M Reduce -0.4%
SJNK SS SPDR BB St Hi Yield ETF 1.86% 360,771 $9.2M Add +29.8%
VOX Vanguard Communication Servi 1.82% 48,059 $9.0M Add +6.6%
USFR Wisdomtree Floating Rate Tre 1.74% 172,231 $8.7M Add +0.4%
TSLA Tesla Inc. 1.61% 17,975 $8.0M Add +4.4%
BRK.B Berkshire Hathaway Inc. Class B 1.51% 14,888 $7.5M Reduce -6.5%
MSFT Microsoft Corp. 1.48% 14,222 $7.4M Add +0.0%
XMHQ Invesco S&P Midcap Qual ETF 1.30% 61,525 $6.5M Add +5.5%
OUSM Alps Oshares US Small-Cap Qu 1.20% 132,530 $5.9M Add +6.2%
BAR Graniteshares Gold Trust 1.13% 147,000 $5.6M Add +22.0%
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd 1.08% 102,557 $5.4M Add +11.9%
COWG Pacer US LRG Cap Cows GR LD 1.07% 146,063 $5.3M New
PLTR Palantir Technologies Inc. Class A 1.07% 29,020 $5.3M Add +9.0%
GOOGL Alphabet Inc. Class A 0.91% 18,507 $4.5M Add +14.9%
AMD Advanced Micro Devices 0.86% 26,370 $4.3M Add +16.8%
AMZN Amazon.com Inc. 0.81% 18,271 $4.0M Reduce -0.8%
XCEM Columbia Em Core Ex-China 0.69% 93,820 $3.4M Add +3.6%
DFAS Dimensional US Small Cap ETF 0.66% 47,563 $3.3M Add +4.1%
GSLC Goldman Activebeta US LC ETF 0.64% 24,388 $3.2M Add +0.5%
SDVY First Trust Smid Cap Rising 0.63% 82,049 $3.1M Add +7.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.62% 10,552 $3.1M Add +4.7%
CWS Advisorshares Equity Focused 0.61% 44,457 $3.1M Add +7.3%
META Meta Platforms Inc. Class A 0.54% 3,652 $2.7M Add +19.7%
CRWD CrowdStrike Holdings Inc. Class A 0.50% 5,024 $2.5M Reduce -1.5%
GOOG Alphabet Inc. Class C 0.49% 10,006 $2.4M Add +5.2%
JPM JPMorgan Chase & Co. 0.49% 7,723 $2.4M Add +2.5%
AVGO Broadcom Inc. 0.45% 6,705 $2.2M Add +10.8%
VTI VG Morningstar TS MKT ETF-US 0.41% 6,270 $2.1M Add +27.2%
GLD SPDR Gold Shares 0.40% 5,525 $2.0M Reduce -2.3%
BITB Bitwise Bitcoin ETF 0.38% 30,552 $1.9M Add +150.0%
XOM Exxon Mobil Corp. 0.31% 13,463 $1.5M Add +9.5%
ASML ASML Holding NV-NY Reg SHS 0.29% 1,487 $1.4M Reduce -26.6%
SLF Sun Life Financial Inc. 0.27% 22,000 $1.3M No change
CVBF CVB Financial Corp. 0.25% 66,040 $1.2M No change
ALL Allstate Corp. 0.24% 5,562 $1.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.24% 10,370 $1.2M Reduce -1.3%
SHW The Sherwin-Williams Co. 0.22% 3,173 $1.1M No change
UNH Unitedhealth Group Inc. 0.20% 2,869 $991K Add +3.0%
IWV iShares Russell 3000 ETF 0.19% 2,545 $964K Reduce -0.1%
LLY Eli Lilly & Co. 0.18% 1,182 $902K Add +33.9%
SNPE Xtrckr S&P 500 Scor&scrn ETF 0.18% 14,927 $896K No change
XLK SS Technology Select Sector 0.18% 3,166 $892K Add +0.1%
AFRM Affirm Holdings Inc. 0.18% 12,117 $886K New
SCHB Schwab US Broad Market ETF 0.18% 34,115 $877K Add +0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.18% 16,990 $877K New
VST Vistra Corp. 0.17% 4,192 $821K No change
ABBV Abbvie Inc. 0.16% 3,415 $791K Add +0.0%
ORCL Oracle Corp. 0.16% 2,760 $776K Add +4.0%
HD Home Depot Inc. 0.15% 1,896 $768K No change
IWX iShares Russell Top 200 Valu 0.15% 8,420 $740K No change
OSCR Oscar Health Inc. Class A 0.15% 38,128 $722K New
COST Costco Wholesale Corp. 0.14% 750 $694K Add +1.8%
JMUB JPMorgan Municipal ETF 0.14% 13,718 $692K Reduce -13.6%
VTEB Vanguard Tax-Exempt Bond ETF 0.14% 13,464 $674K Reduce -18.7%
VIG Vanguard Dividend Apprec ETF 0.14% 3,120 $673K Reduce -2.3%
CL Colgate-Palmolive Co. 0.13% 8,274 $661K New
NOC Northrop Grumman Corp. 0.13% 1,074 $654K Reduce -14.1%
HYMB SS SPDR N Ice HY Muni ETF 0.13% 26,129 $651K Reduce -18.6%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.12% 11,895 $607K Reduce -21.4%
SPY SS SPDR S&P 500 ETF Trust-US 0.12% 904 $602K Add +0.6%
V Visa Inc. Class A 0.12% 1,756 $600K Add +0.9%
PANW Palo Alto Networks Inc. 0.12% 2,928 $596K Reduce -0.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.12% 1,240 $595K No change
XLE SS Energy Select Sector 0.12% 6,512 $582K No change
SCHW Schwab (charles) Corp. 0.11% 5,932 $566K Reduce -4.8%
AMGN Amgen Inc. 0.11% 1,985 $560K Reduce -4.2%
MS Morgan Stanley 0.10% 3,202 $509K No change
VRT Vertiv Holdings Co. Class A 0.10% 3,367 $508K Add +14.4%
VOO Vanguard S&P 500 ETF 0.10% 810 $496K New
OZ Belpointe Prep LLC Class A 0.10% 7,600 $486K No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.10% 30,268 $485K New
CIBR First Trust Nasdaq Cybersecu 0.10% 6,256 $476K No change
IJH iShares Core S&P Midcap ETF 0.09% 6,988 $456K No change
MA Mastercard Inc. Class A 0.09% 786 $447K No change
NOW ServiceNow Inc. 0.09% 464 $427K New
SKYY First Trust Cloud Computing 0.08% 3,067 $412K Add +10.8%
ETHW Bitwise Ethereum ETF 0.08% 13,345 $398K New
LMT Lockheed Martin Corp. 0.08% 784 $391K Add +7.0%
ONEQ Fidelity Nasdaq Comp Indx 0.08% 4,348 $388K New
CRSP Crispr Therapeutics AG 0.08% 5,900 $382K No change
DELL Dell Technologies -C 0.07% 2,595 $368K No change
ETN Eaton Corp. PLC 0.07% 965 $361K Add +2.7%
WMT Walmart Inc. 0.07% 3,499 $361K Add +0.0%
SCHG Schwab US Large-Cap Growth 0.07% 11,163 $356K Reduce -0.5%
CVX Chevron Corp. 0.07% 2,283 $355K Add +3.7%
NFLX Netflix Inc. 0.07% 295 $353K Reduce -1.0%
ITA iShares U.S. Aerospace & Def 0.07% 1,566 $328K Add +10.3%
COF Capital One Financial Corp. 0.07% 1,525 $324K Add +0.9%
EUSB Ishr ESG Advn Universal BD-$ 0.06% 7,266 $319K Add +3.8%
FIW First Trust Water ETF 0.06% 2,822 $317K No change
IWY iShares Russell Top 200 Grow 0.06% 1,158 $317K Add +0.1%
FEIG NT ESG Clim Ig Corp. ETF 0.06% 7,585 $316K Add +0.7%
O Realty Income Corp. 0.06% 5,143 $313K No change
HYXF iShares ESG Adv High Yield 0.06% 6,563 $312K Add +1.6%
SUSB iShares ESG Aware 1-5 Year U 0.06% 12,302 $311K No change
XSOE Wisdmtree Emerg MKT Ex-St Ow 0.06% 7,942 $301K No change
IHI iShares U.S. Medical Devices 0.06% 4,944 $297K No change
IHF iShares U.S. Healthcare Prov 0.06% 6,007 $297K Add +9.5%
MCD McDonald's Corp. 0.06% 970 $295K Reduce -3.6%
QQQ Invesco QQQ Trust Series 1 0.06% 458 $275K New
SUSA iShares ESG Optimized MSCI U 0.06% 2,020 $274K No change
BX Blackstone Inc. 0.05% 1,586 $271K Reduce -1.0%
DAL Delta Air Lines Inc. 0.05% 4,768 $271K Reduce -0.6%
CAT Caterpillar Inc. 0.05% 541 $258K New
VRTX Vertex Pharmaceuticals Inc. 0.05% 655 $257K New
LOW Lowe's Cos Inc. 0.05% 957 $241K No change
IWP iShares Russell Mid-Cap Grow 0.05% 1,685 $240K No change
CAH Cardinal Health Inc. 0.05% 1,503 $236K Reduce -16.2%
KLAC KLA Corp. 0.05% 217 $234K New
PWV Invesco Large Cap Value ETF 0.05% 3,460 $226K No change
DBP Invesco DB Precious Metals F 0.04% 2,479 $220K New
JNJ Johnson & Johnson 0.04% 1,186 $220K Reduce -34.1%
BIIB Biogen Inc. 0.04% 1,563 $219K New
MBLY Mobileye Global Inc. Class A 0.04% 15,400 $217K New
FCNCA First Citizens Bcshs Class A 0.04% 121 $216K No change
AMAT Applied Materials Inc. 0.04% 1,051 $215K New
SO The Southern Co. 0.04% 2,211 $210K No change
CRBG Corebridge Financial Inc. 0.04% 6,278 $201K No change
NUDM Nuveen ESG Intl Devel MRK Eq 0.04% 5,340 $201K New
RXRX Recursion Pharmaceuticals-A 0.03% 33,165 $162K No change
IBO Impact Biomedical Inc. 0.00% 10,000 $7K New

Portfolio Sells Q2 2025 → Q3 2025
IHDG Wisdomtree International Hed Sold out 0.00% −2.70
RSPG Invesco S&P 500 Equal Weight Sold out 0.00% −0.69
EWX State Street SPDR S&P Emergi Sold out 0.00% −0.65
BRK.B Berkshire Hathaway Inc. Class B Reduce -6.5% 1.51% −0.28
SNOW Snowflake Inc. Sold out 0.00% −0.13
AMZN Amazon.com Inc. Reduce -0.8% 0.81% −0.12
CRWD CrowdStrike Holdings Inc. Class A Reduce -1.5% 0.50% −0.10
ASML ASML Holding NV-NY Reg SHS Reduce -26.6% 0.29% −0.09
DIS The Walt Disney Co. Reduce -1.3% 0.24% −0.06
JMST JPM Ultra-Short Muni Income Reduce -21.4% 0.12% −0.06
ISRG Intuitive Surgical Inc. Sold out 0.00% −0.05
HYMB SS SPDR N Ice HY Muni ETF Reduce -18.6% 0.13% −0.05
EW Edwards Lifesciences Corp. Sold out 0.00% −0.05
VTEB Vanguard Tax-Exempt Bond ETF Reduce -18.7% 0.14% −0.05
SRPT Sarepta Therapeutics Inc. Sold out 0.00% −0.04
JMUB JPMorgan Municipal ETF Reduce -13.6% 0.14% −0.04
CAH Cardinal Health Inc. Reduce -16.2% 0.05% −0.02
NFLX Netflix Inc. Reduce -1.0% 0.07% −0.02
AMGN Amgen Inc. Reduce -4.2% 0.11% −0.02
JNJ Johnson & Johnson Reduce -34.1% 0.04% −0.02
PANW Palo Alto Networks Inc. Reduce -0.2% 0.12% −0.02
SCHW Schwab (charles) Corp. Reduce -4.8% 0.11% −0.02
VIG Vanguard Dividend Apprec ETF Reduce -2.3% 0.14% −0.02
NOC Northrop Grumman Corp. Reduce -14.1% 0.13% −0.01
IWV iShares Russell 3000 ETF Reduce -0.1% 0.19% −0.01
MCD McDonald's Corp. Reduce -3.6% 0.06% −0.01
SCHG Schwab US Large-Cap Growth Reduce -0.5% 0.07% −0.00
GLD SPDR Gold Shares Reduce -2.3% 0.40% −0.00
BX Blackstone Inc. Reduce -1.0% 0.05% −0.00
DAL Delta Air Lines Inc. Reduce -0.6% 0.05% 0.00
NVDA Nvidia Corp. Reduce -1.1% 2.05% +0.04
AAPL Apple Inc. Reduce -0.4% 1.93% +0.14

Portfolio Buys Q2 2025 → Q3 2025
AVDE Avantis International Equity Add +51.7% 4.23% +1.23
HFXI Nylim Ftse Intr Eq CN ETF-Ui Add +48.1% 4.06% +1.07
COWG Pacer US LRG Cap Cows GR LD New 1.07% +1.07
JAAA Janus Henderson Aaa Clo ETF Add +48.3% 3.50% +0.79
AVEM Avantis Emerging Markets Eq Add +58.7% 2.09% +0.71
TSLA Tesla Inc. Add +4.4% 1.61% +0.35
GOOGL Alphabet Inc. Class A Add +14.9% 0.91% +0.25
PLTR Palantir Technologies Inc. Class A Add +9.0% 1.07% +0.23
SJNK SS SPDR BB St Hi Yield ETF Add +29.8% 1.86% +0.23
BAR Graniteshares Gold Trust Add +22.0% 1.13% +0.22
BITB Bitwise Bitcoin ETF Add +150.0% 0.38% +0.22
AFRM Affirm Holdings Inc. New 0.18% +0.18
BAC Bank of America Corp. New 0.18% +0.18
OSCR Oscar Health Inc. Class A New 0.15% +0.15
CL Colgate-Palmolive Co. New 0.13% +0.13
AMD Advanced Micro Devices Add +16.8% 0.86% +0.12
SMH Vaneck Semiconductor ETF Add +1.3% 3.36% +0.11
GOOG Alphabet Inc. Class C Add +5.2% 0.49% +0.10
VOO Vanguard S&P 500 ETF New 0.10% +0.10
NU Nu Holdings Ltd./Cayman Isl-A New 0.10% +0.10
NOW ServiceNow Inc. New 0.09% +0.09
ETHW Bitwise Ethereum ETF New 0.08% +0.08
ONEQ Fidelity Nasdaq Comp Indx New 0.08% +0.08
VTI VG Morningstar TS MKT ETF-US Add +27.2% 0.41% +0.07
AVGO Broadcom Inc. Add +10.8% 0.45% +0.06
QQQ Invesco QQQ Trust Series 1 New 0.06% +0.06
CAT Caterpillar Inc. New 0.05% +0.05
VRTX Vertex Pharmaceuticals Inc. New 0.05% +0.05
KLAC KLA Corp. New 0.05% +0.05
DBP Invesco DB Precious Metals F New 0.04% +0.04
BIIB Biogen Inc. New 0.04% +0.04
MBLY Mobileye Global Inc. Class A New 0.04% +0.04
AMAT Applied Materials Inc. New 0.04% +0.04
NUDM Nuveen ESG Intl Devel MRK Eq New 0.04% +0.04
VOX Vanguard Communication Servi Add +6.6% 1.82% +0.04
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd Add +11.9% 1.08% +0.03
LLY Eli Lilly & Co. Add +33.9% 0.18% +0.02
ORCL Oracle Corp. Add +4.0% 0.16% +0.02
META Meta Platforms Inc. Class A Add +19.7% 0.54% +0.02
VRT Vertiv Holdings Co. Class A Add +14.4% 0.10% +0.01
ABBV Abbvie Inc. Add +0.0% 0.16% +0.01
SDVY First Trust Smid Cap Rising Add +7.4% 0.63% +0.01
SKYY First Trust Cloud Computing Add +10.8% 0.08% +0.01
ITA iShares U.S. Aerospace & Def Add +10.3% 0.07% +0.00
IBO Impact Biomedical Inc. New 0.00% +0.00
LMT Lockheed Martin Corp. Add +7.0% 0.08% +0.00
XOM Exxon Mobil Corp. Add +9.5% 0.31% −0.00
UNH Unitedhealth Group Inc. Add +3.0% 0.20% −0.00
CVX Chevron Corp. Add +3.7% 0.07% −0.00
IHF iShares U.S. Healthcare Prov Add +9.5% 0.06% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 161$619.0MIWB, RECS, DFUS, SMH, HFXI
Q1 2026 158$515.0MIWB, RECS, DFUS, AVDE, HFXI
Q4 2025 157$531.3MIWB, RECS, DFUS, AVDE, HFXI
Q3 2025 133$496.5MJQUA, RECS, DFUS, AVDE, HFXI
Q2 2025 120$433.2MJQUA, RECS, DFUS, VCSH, SMH
Q1 2025 113$402.4MJQUA, DFUS, VCSH, AGZ, SJNK
Q4 2024 105$425.0MJQUA, DFUS, JAAA, AGZ, VCSH
Q3 2024 109$400.8MFMAR, JQUA, DFUS, JAAA, AGZ
Q2 2024 107$375.9MFMAR, JQUA, DFUS, BKLN, USFR
Q1 2024 112$374.9MFDEC, JQUA, DFUS, USFR, BKLN