MBA Advisors LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), MBA Advisors LLC reported 130 stock positions worth $208.3 million. Its top holding was Vanguard Intermediate-Term B (BIV) at 5.2% of the portfolio, followed by iShares MSCI International Q (IQLT, 4.3%) and Schwab US Large-Cap ETF (SCHX, 4.1%). Compared with Q2 2024, it opened 7 new positions, sold out of 3, added to 45 and reduced 63. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +302%) and the biggest sale iShares Core S&P Total U.S. (ITOT, shares −42%).

Most Recent 13F
Q2 2026
Location
HERMITAGE, PA
CIK
0001848704
Portfolio Value
$208.3M (Q3 2024)
SEC Filing
0001085146-24-005131 ↗ filed Oct 25, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $193.4M Q1 2024 Q2 2024: $195.6M Q2 2024 Q3 2024: $208.3M $208.3M Q3 2024 Q4 2024: $197.2M Q4 2024 Q1 2025: $202.0M Q1 2025 Q2 2025: $216.7M Q2 2025 Q3 2025: $234.1M Q3 2025 Q4 2025: $248.1M Q4 2025 Q1 2026: $260.3M Q1 2026 Q2 2026: $293.7M Q2 2026

Holdings 130 stocks · $208.3M
BIV Vanguard Intermediate-Term B 5.21% 138,538 $10.9M Add +6.5%
IQLT iShares MSCI International Q 4.26% 213,844 $8.9M Add +2.7%
SCHX Schwab US Large-Cap ETF 4.07% 124,851 $8.5M Reduce -0.1%
SCHG Schwab US Large-Cap Growth 3.82% 76,409 $8.0M Reduce -0.3%
DGRW Wisdomtree U.S. Quality Divi 3.81% 95,333 $7.9M Reduce -0.1%
SCHD Schwab US DVD Equity ETF 3.67% 90,523 $7.7M Add +0.2%
JQUA JPMorgan US Quality Factor 3.44% 126,664 $7.2M Add +2.7%
IAU iShares Gold Trust 3.19% 133,882 $6.7M Reduce -8.9%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 3.09% 136,690 $6.4M Add +6.7%
JEPI JPMorgan Equity Premium Inco 2.91% 101,763 $6.1M Add +2.2%
AAPL Apple Inc. 2.75% 24,571 $5.7M Reduce -3.4%
IDEV iShares Core MSCI Dev MKTS 2.63% 77,332 $5.5M Add +7.7%
CALF PCR US SM CP CSH CWS ETF-Usd 2.43% 109,028 $5.1M Add +29.9%
ITOT iShares Core S&P Total U.S. 2.43% 40,305 $5.1M Reduce -42.5%
SHY iShares 1-3 Year Treasury Bo 2.32% 58,217 $4.8M Add +9.5%
USFR Wisdomtree Floating Rate Tre 1.98% 82,178 $4.1M Add +6.2%
MSFT Microsoft Corp. 1.87% 9,043 $3.9M Reduce -1.2%
SCHB Schwab US Broad Market ETF 1.79% 55,926 $3.7M Add +1.7%
DFAE Dimensional Emerging Core Eq 1.55% 117,481 $3.2M Add +80.6%
IVW iShares S&P 500 Growth ETF 1.50% 32,657 $3.1M Reduce -1.6%
IVV iShares Core S&P 500 ETF 1.42% 5,115 $3.0M Reduce -0.2%
SCHM Schwab US Mid Cap ETF 1.21% 30,281 $2.5M Reduce -23.5%
BIL SS SPDR BB 1-3M T-Bill ETF 1.16% 26,378 $2.4M Add +301.6%
JPM JPMorgan Chase & Co. 1.16% 11,460 $2.4M Reduce -1.3%
JPST JPMorgan Ultra-Short Income 1.16% 47,472 $2.4M Add +5.2%
XLV SS Health Care Select Sector 1.13% 15,288 $2.4M Add +0.3%
SPEM State Street SP PTF Em ETF 1.10% 55,450 $2.3M Reduce -23.1%
TLT iShares 20+ Year Treasury BD 1.05% 22,240 $2.2M Add +7.3%
GE General Electric filed as GE AEROSPACE 0.98% 10,842 $2.0M No change
IWR iShares Russell Mid-Cap ETF 0.89% 20,993 $1.9M Reduce -0.5%
XOM Exxon Mobil Corp. 0.88% 15,634 $1.8M Add +2.6%
IVE iShares S&P 500 Value ETF 0.87% 9,239 $1.8M Reduce -2.4%
GOOGL Alphabet Inc. Class A 0.87% 10,899 $1.8M Reduce -1.3%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.71% 26,941 $1.5M Reduce -1.4%
NVDA Nvidia Corp. 0.68% 11,620 $1.4M Add +0.4%
PG The Procter & Gamble Co. 0.65% 7,793 $1.3M Reduce -7.6%
GLD SPDR Gold Shares 0.64% 5,443 $1.3M Add +0.5%
META Meta Platforms Inc. Class A 0.61% 2,237 $1.3M Add +2.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.60% 2,192 $1.3M Reduce -11.1%
NOBL Proshares S&P 500 Dividend A 0.60% 11,770 $1.3M Reduce -0.6%
AMZN Amazon.com Inc. 0.60% 6,715 $1.3M Reduce -0.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.59% 5,574 $1.2M Reduce -0.7%
ABBV Abbvie Inc. 0.59% 6,230 $1.2M Add +0.2%
PEP Pepsico Inc. 0.56% 6,906 $1.2M Reduce -0.8%
VEU Vanguard Ftse All-World Ex-U 0.56% 18,468 $1.2M Reduce -0.0%
IJH iShares Core S&P Midcap ETF 0.54% 17,943 $1.1M Reduce -0.3%
MCD McDonald's Corp. 0.53% 3,611 $1.1M Reduce -1.2%
EFA iShares MSCI Eafe ETF 0.51% 12,702 $1.1M Reduce -13.2%
MPC Marathon Petroleum Corp. 0.50% 6,374 $1.0M No change
VYM Vanguard High DVD Yield ETF 0.49% 7,970 $1.0M Reduce -3.5%
HD Home Depot Inc. 0.48% 2,473 $1.0M Add +1.8%
BND Vanguard Total Bond Market 0.48% 13,266 $996K Reduce -0.8%
BRK.B Berkshire Hathaway Inc. Class B 0.46% 2,091 $962K Add +0.1%
VYMI Vanguard Int High DVD YLD Inc. 0.44% 12,530 $920K Reduce -8.8%
AMGN Amgen Inc. 0.44% 2,852 $919K Reduce -1.4%
CVX Chevron Corp. 0.44% 6,232 $918K Add +6.4%
JNJ Johnson & Johnson 0.43% 5,552 $900K Add +1.5%
IWM iShares Russell 2000 ETF 0.43% 4,015 $887K Reduce -21.2%
KO The Coca-Cola Co. 0.40% 11,455 $823K Reduce -5.0%
DEM Wisdomtree Emerging Markets 0.39% 18,588 $818K Reduce -0.7%
VGSH Vanguard Short-Term Treasury 0.38% 13,419 $792K Add +2.1%
CSCO Cisco Systems Inc. 0.35% 13,806 $735K Reduce -3.4%
GD General Dynamics Corp. 0.34% 2,312 $699K Reduce -3.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.33% 2,648 $697K Add +4.3%
GEV GE Vernova Inc. 0.33% 2,684 $684K Reduce -0.9%
AMLP Alerian MLP ETF 0.32% 14,300 $674K Reduce -3.9%
VZ Verizon Communications Inc. 0.32% 14,908 $670K Reduce -9.8%
MO Altria Group Inc. 0.29% 11,990 $612K Add +9.2%
VEA Vanguard Ftse Developed ETF 0.29% 11,282 $596K Reduce -2.0%
CAT Caterpillar Inc. 0.28% 1,504 $588K Reduce -2.3%
FNB FNB Corp. 0.28% 40,978 $578K Reduce -9.7%
DUK Duke Energy Corp. 0.28% 5,009 $578K Add +11.7%
RTX RTX Corp. 0.27% 4,722 $572K Reduce -1.7%
XLP SS Consumer Staples Sel Sect 0.27% 6,796 $564K No change
NFG National Fuel Gas Co. 0.25% 8,594 $521K No change
PM Philip Morris International 0.25% 4,224 $513K Reduce -10.9%
MRK Merck & Co. Inc. 0.25% 4,504 $511K Reduce -0.3%
VWO Vanguard Ftse Emerging Marke 0.22% 9,551 $457K Add +1.8%
MMM 3M Co. 0.22% 3,330 $455K Add +16.1%
QCOM Qualcomm Inc. 0.21% 2,628 $447K Reduce -2.0%
IEFA iShares Core MSCI Eafe ETF 0.21% 5,650 $441K Reduce -4.4%
WMT Walmart Inc. 0.21% 5,412 $437K Reduce -3.0%
ABT Abbott Laboratories 0.21% 3,805 $434K Add +2.6%
LLY Eli Lilly & Co. 0.21% 484 $429K Reduce -13.1%
TMUS T-Mobile US Inc. 0.20% 2,011 $415K No change
CINF Cincinnati Financial Corp. 0.20% 3,020 $411K No change
MDT Medtronic PLC 0.20% 4,546 $409K Reduce -0.6%
TSLA Tesla Inc. 0.20% 1,554 $407K Reduce -2.2%
ASML ASML Holding NV-NY Reg SHS 0.19% 486 $405K Add +12.5%
XLI SS Industrial Select Sector 0.19% 2,970 $402K Reduce -0.3%
IEMG iShares Core MSCI Emerging 0.19% 6,945 $399K Reduce -5.7%
ORCL Oracle Corp. 0.18% 2,220 $378K Reduce -2.5%
BANC Banc of California Inc. 0.18% 25,644 $378K No change
NVG Nuveen Amt-FR Muni CRDT 0.18% 27,660 $370K Add +1.8%
V Visa Inc. Class A 0.17% 1,292 $355K Add +2.6%
BMY Bristol-Myers Squibb Co. 0.17% 6,839 $354K Add +11.1%
PFE Pfizer Inc. 0.17% 12,056 $349K Reduce -20.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.16% 8,612 $342K Add +1.3%
GEHC GE Healthcare Technology 0.16% 3,608 $339K No change
UNH Unitedhealth Group Inc. 0.16% 579 $339K Reduce -1.2%
INDA iShares MSCI India ETF 0.16% 5,627 $329K Add +13.7%
WM Waste Management Inc. 0.15% 1,521 $316K Add +13.3%
GOOG Alphabet Inc. Class C 0.15% 1,880 $314K No change
T AT&T Inc. 0.15% 14,273 $314K Reduce -2.9%
EOG EOG Resources Inc. 0.14% 2,429 $299K Add +4.6%
AMD Advanced Micro Devices 0.14% 1,772 $291K Reduce -21.9%
JAAA Janus Henderson Aaa Clo ETF 0.14% 5,660 $288K Reduce -5.5%
VB Vanguard Most SM-Cap ETF-Usd 0.14% 1,204 $286K Reduce -3.2%
ED Consolidated Edison Inc. 0.14% 2,700 $281K No change
MUB iShares National Muni Bond E 0.13% 2,577 $280K No change
TSM Taiwan Semiconductor-SP ADR 0.13% 1,600 $278K No change
EMR Emerson Electric Co. 0.13% 2,480 $271K Add +1.7%
XLE SS Energy Select Sector 0.13% 3,009 $264K Add +1.9%
PRF Invesco Rafi US 1000 ETF 0.13% 6,485 $263K No change
EWJ iShares MSCI Japan ETF 0.12% 3,636 $260K Add +19.6%
LMT Lockheed Martin Corp. 0.12% 417 $244K Reduce -12.0%
RMD Resmed Inc. 0.11% 977 $239K Reduce -8.0%
IXC iShares Global Energy ETF 0.11% 5,732 $232K Add +0.4%
O Realty Income Corp. 0.11% 3,629 $230K New
NKE Nike Inc. Class B 0.11% 2,582 $228K New
EEMV iShares MSCI Emg MKT Min Vol 0.11% 3,599 $226K No change
XNEAX Nuveen Amt-FR QLTY Muni Inc. 0.11% 18,400 $220K No change
SO The Southern Co. 0.10% 2,426 $219K New
NFLX Netflix Inc. 0.10% 305 $216K Reduce -1.6%
PH Parker Hannifin Corp. 0.10% 337 $213K New
D Dominion Energy Inc. 0.10% 3,644 $211K New
QUAL iShares MSCI USA Quality Fac 0.10% 1,141 $205K Reduce -8.9%
BA The Boeing Co. 0.10% 1,330 $202K Add +8.1%
ARKF ARK Blockchain & Fintech Inn 0.10% 6,766 $202K New
SLI Standard Lithium Ltd. 0.02% 23,000 $37K New

Options reported separately and not counted above: SPY puts ($57K).

Portfolio Sells Q2 2024 → Q3 2024
ITOT iShares Core S&P Total U.S. Reduce -42.5% 2.43% −1.82
SCHM Schwab US Mid Cap ETF Reduce -23.5% 1.21% −0.37
SPEM State Street SP PTF Em ETF Reduce -23.1% 1.10% −0.29
MSFT Microsoft Corp. Reduce -1.2% 1.87% −0.22
GOOGL Alphabet Inc. Class A Reduce -1.3% 0.87% −0.16
COST Costco Wholesale Corp. Sold out 0.00% −0.14
DIS The Walt Disney Co. Sold out 0.00% −0.13
SCHG Schwab US Large-Cap Growth Reduce -0.3% 3.82% −0.13
IAU iShares Gold Trust Reduce -8.9% 3.19% −0.11
ELV Elevance Health Inc. Sold out 0.00% −0.10
IWM iShares Russell 2000 ETF Reduce -21.2% 0.43% −0.10
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.1% 0.60% −0.08
EFA iShares MSCI Eafe ETF Reduce -13.2% 0.51% −0.08
IVW iShares S&P 500 Growth ETF Reduce -1.6% 1.50% −0.07
AMZN Amazon.com Inc. Reduce -0.8% 0.60% −0.07
JEPQ JPM Nasdaq Equity Premium Reduce -1.4% 0.71% −0.07
PG The Procter & Gamble Co. Reduce -7.6% 0.65% −0.06
QCOM Qualcomm Inc. Reduce -2.0% 0.21% −0.06
LLY Eli Lilly & Co. Reduce -13.1% 0.21% −0.05
PFE Pfizer Inc. Reduce -20.3% 0.17% −0.05
AMD Advanced Micro Devices Reduce -21.9% 0.14% −0.05
AMLP Alerian MLP ETF Reduce -3.9% 0.32% −0.04
JPM JPMorgan Chase & Co. Reduce -1.3% 1.16% −0.04
MRK Merck & Co. Inc. Reduce -0.3% 0.25% −0.04
VYMI Vanguard Int High DVD YLD Inc. Reduce -8.8% 0.44% −0.04
FNB FNB Corp. Reduce -9.7% 0.28% −0.04
SCHX Schwab US Large-Cap ETF Reduce -0.1% 4.07% −0.04
VZ Verizon Communications Inc. Reduce -9.8% 0.32% −0.03
PEP Pepsico Inc. Reduce -0.8% 0.56% −0.02
DEM Wisdomtree Emerging Markets Reduce -0.7% 0.39% −0.02
AMGN Amgen Inc. Reduce -1.4% 0.44% −0.02
GD General Dynamics Corp. Reduce -3.3% 0.34% −0.02
IVV iShares Core S&P 500 ETF Reduce -0.2% 1.42% −0.02
JAAA Janus Henderson Aaa Clo ETF Reduce -5.5% 0.14% −0.02
BND Vanguard Total Bond Market Reduce -0.8% 0.48% −0.01
QUAL iShares MSCI USA Quality Fac Reduce -8.9% 0.10% −0.01
VYM Vanguard High DVD Yield ETF Reduce -3.5% 0.49% −0.01
IEMG iShares Core MSCI Emerging Reduce -5.7% 0.19% −0.01
IEFA iShares Core MSCI Eafe ETF Reduce -4.4% 0.21% −0.01
IVE iShares S&P 500 Value ETF Reduce -2.4% 0.87% −0.01
VEA Vanguard Ftse Developed ETF Reduce -2.0% 0.29% −0.00
NFLX Netflix Inc. Reduce -1.6% 0.10% −0.00
IJH iShares Core S&P Midcap ETF Reduce -0.3% 0.54% −0.00
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.2% 0.14% −0.00
PM Philip Morris International Reduce -10.9% 0.25% +0.00
DGRW Wisdomtree U.S. Quality Divi Reduce -0.1% 3.81% +0.00
KO The Coca-Cola Co. Reduce -5.0% 0.40% +0.00
LMT Lockheed Martin Corp. Reduce -12.0% 0.12% +0.00
VEU Vanguard Ftse All-World Ex-U Reduce -0.0% 0.56% +0.00
CSCO Cisco Systems Inc. Reduce -3.4% 0.35% +0.01

Portfolio Buys Q2 2024 → Q3 2024
BIL SS SPDR BB 1-3M T-Bill ETF Add +301.6% 1.16% +0.85
DFAE Dimensional Emerging Core Eq Add +80.6% 1.55% +0.69
CALF PCR US SM CP CSH CWS ETF-Usd Add +29.9% 2.43% +0.57
BIV Vanguard Intermediate-Term B Add +6.5% 5.21% +0.23
IDEV iShares Core MSCI Dev MKTS Add +7.7% 2.63% +0.22
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +6.7% 3.09% +0.13
O Realty Income Corp. New 0.11% +0.11
NKE Nike Inc. Class B New 0.11% +0.11
SO The Southern Co. New 0.10% +0.10
SHY iShares 1-3 Year Treasury Bo Add +9.5% 2.32% +0.10
PH Parker Hannifin Corp. New 0.10% +0.10
IQLT iShares MSCI International Q Add +2.7% 4.26% +0.10
D Dominion Energy Inc. New 0.10% +0.10
JQUA JPMorgan US Quality Factor Add +2.7% 3.44% +0.10
ARKF ARK Blockchain & Fintech Inn New 0.10% +0.10
SCHD Schwab US DVD Equity ETF Add +0.2% 3.67% +0.08
TLT iShares 20+ Year Treasury BD Add +7.3% 1.05% +0.07
MMM 3M Co. Add +16.1% 0.22% +0.07
HD Home Depot Inc. Add +1.8% 0.48% +0.05
META Meta Platforms Inc. Class A Add +2.3% 0.61% +0.05
DUK Duke Energy Corp. Add +11.7% 0.28% +0.05
ABBV Abbvie Inc. Add +0.2% 0.59% +0.05
GLD SPDR Gold Shares Add +0.5% 0.64% +0.04
BMY Bristol-Myers Squibb Co. Add +11.1% 0.17% +0.04
MO Altria Group Inc. Add +9.2% 0.29% +0.04
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 0.46% +0.03
JNJ Johnson & Johnson Add +1.5% 0.43% +0.02
JEPI JPMorgan Equity Premium Inco Add +2.2% 2.91% +0.02
EWJ iShares MSCI Japan ETF Add +19.6% 0.12% +0.02
SLI Standard Lithium Ltd. New 0.02% +0.02
SCHB Schwab US Broad Market ETF Add +1.7% 1.79% +0.02
INDA iShares MSCI India ETF Add +13.7% 0.16% +0.02
ABT Abbott Laboratories Add +2.6% 0.21% +0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +4.3% 0.33% +0.01
VWO Vanguard Ftse Emerging Marke Add +1.8% 0.22% +0.01
WM Waste Management Inc. Add +13.3% 0.15% +0.01
NVG Nuveen Amt-FR Muni CRDT Add +1.8% 0.18% +0.00
V Visa Inc. Class A Add +2.6% 0.17% +0.00
XLV SS Health Care Select Sector Add +0.3% 1.13% −0.01
EOG EOG Resources Inc. Add +4.6% 0.14% −0.01
EMR Emerson Electric Co. Add +1.7% 0.13% −0.01
JPST JPMorgan Ultra-Short Income Add +5.2% 1.16% −0.01
BAC Bank of America Corp. Add +1.3% 0.16% −0.01
VGSH Vanguard Short-Term Treasury Add +2.1% 0.38% −0.01
IXC iShares Global Energy ETF Add +0.4% 0.11% −0.01
USFR Wisdomtree Floating Rate Tre Add +6.2% 1.98% −0.01
XLE SS Energy Select Sector Add +1.9% 0.13% −0.01
XOM Exxon Mobil Corp. Add +2.6% 0.88% −0.02
BA The Boeing Co. Add +8.1% 0.10% −0.02
CVX Chevron Corp. Add +6.4% 0.44% −0.03

Options Activity Q2 2024 → Q3 2024
SPY SS SPDR S&P 500 ETF Trust-US put New 100 $57K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 164$293.7MBIV, IQLT, SCHX, SCHG, DGRW
Q1 2026 146$260.3MBIV, IQLT, IAU, SCHX, SCHD
Q4 2025 138$248.1MBIV, IQLT, SCHX, SCHG, IAU
Q3 2025 142$234.1MBIV, IQLT, SCHX, SCHG, DGRW
Q2 2025 134$216.7MBIV, IQLT, SCHX, SCHG, DGRW
Q1 2025 132$202.0MBIV, IQLT, SCHX, IAU, DGRW
Q4 2024 127$197.2MBIV, SCHX, SCHG, IQLT, DGRW
Q3 2024 130$208.3MBIV, IQLT, SCHX, SCHG, DGRW
Q2 2024 126$195.6MBIV, ITOT, IQLT, SCHX, SCHG
Q1 2024 126$193.4MBIV, ITOT, IQLT, SCHX, SCHG