Montag A & Associates Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 2, 2026), Montag A & Associates Inc. reported 945 stock positions worth $2.2 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 8.0% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 5.6%) and Apple (AAPL, 3.7%). Compared with Q3 2025, it opened 65 new positions, sold out of 233, added to 218 and reduced 390. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +8%) and the biggest sale Fiserv (FISV, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- ATLANTA, GA
- CIK
- 0000829407
- Portfolio Value
- $2.2B (Q4 2025)
- SEC Filing
- 0000829407-26-000001 ↗ filed Feb 2, 2026
Holdings Value
Holdings 945 stocks · $2.2B
| IVV iShares Core S&P 500 ETF | 8.02% | 256,014 | $175.4M | Add +8.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.61% | 179,157 | $122.5M | Add +1.5% |
| AAPL Apple Inc. | 3.74% | 300,764 | $81.8M | Add +0.3% |
| MSFT Microsoft Corp. | 3.07% | 138,575 | $67.0M | Reduce -1.9% |
| GOOG Alphabet Inc. Class C | 2.96% | 206,510 | $64.8M | Reduce -5.7% |
| MDY State Street SPDR S&P Midcap | 2.87% | 103,466 | $62.6M | Reduce -1.6% |
| AMZN Amazon.com Inc. | 2.03% | 191,934 | $44.3M | Reduce -2.6% |
| IWB iShares Russell 1000 ETF | 1.84% | 107,439 | $40.1M | Reduce -0.4% |
| NVDA Nvidia Corp. | 1.58% | 185,061 | $34.5M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 1.39% | 28,209 | $30.3M | Add +26.5% |
| RSP Invesco S&P 500 Equal Weight | 1.30% | 148,712 | $28.5M | Reduce -3.6% |
| VGIT Vanguard Intermediate-Term T | 1.27% | 464,161 | $27.8M | Add +27.4% |
| GOOGL Alphabet Inc. Class A | 1.26% | 87,669 | $27.4M | Reduce -6.0% |
| KO The Coca-Cola Co. | 1.19% | 373,359 | $26.1M | Add +3.3% |
| WMT Walmart Inc. | 1.19% | 233,092 | $26.0M | Reduce -2.8% |
| IWF iShares Russell 1000 Growth | 1.18% | 54,707 | $25.9M | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 1.17% | 79,481 | $25.6M | Reduce -4.4% |
| VIG Vanguard Dividend Apprec ETF | 1.16% | 115,251 | $25.3M | Reduce -0.2% |
| AVGO Broadcom Inc. | 1.12% | 70,710 | $24.5M | Reduce -5.1% |
| V Visa Inc. Class A | 1.09% | 67,927 | $23.8M | Reduce -5.9% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.02% | 86,859 | $22.4M | Reduce -5.4% |
| HD Home Depot Inc. | 1.02% | 64,583 | $22.2M | Reduce -1.5% |
| VOO Vanguard S&P 500 ETF | 0.98% | 34,311 | $21.5M | Reduce -1.6% |
| GS Goldman Sachs Group Inc. | 0.96% | 23,770 | $20.9M | Reduce -5.1% |
| IJH iShares Core S&P Midcap ETF | 0.95% | 315,450 | $20.8M | Add +14.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.94% | 70,837 | $20.6M | Add +0.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.84% | 60,234 | $18.3M | Add +17.6% |
| JNJ Johnson & Johnson | 0.83% | 88,062 | $18.2M | Add +3.8% |
| VGSH Vanguard Short-Term Treasury | 0.83% | 309,545 | $18.2M | Add +14.3% |
| ABBV Abbvie Inc. | 0.78% | 74,990 | $17.1M | Reduce -1.3% |
| XLK SS Technology Select Sector | 0.76% | 114,982 | $16.6M | Reduce -5.9% |
| URI United Rentals Inc. | 0.75% | 20,295 | $16.4M | Add +10.4% |
| IWD iShares Russell 1000 Value E | 0.74% | 76,844 | $16.2M | Reduce -3.7% |
| MRK Merck & Co. Inc. | 0.69% | 141,706 | $15.0M | Reduce -1.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.68% | 180,155 | $14.9M | Add +6.2% |
| JPST JPMorgan Ultra-Short Income | 0.64% | 276,303 | $14.0M | Reduce -9.6% |
| MAR Marriott International Class A | 0.63% | 44,143 | $13.7M | Reduce -0.7% |
| PH Parker Hannifin Corp. | 0.59% | 14,631 | $12.9M | Reduce -5.7% |
| PEP Pepsico Inc. | 0.58% | 88,082 | $12.8M | Add +2.5% |
| SYK Stryker Corp. | 0.58% | 35,874 | $12.6M | Reduce -0.9% |
| ABT Abbott Laboratories | 0.57% | 99,857 | $12.5M | Reduce -7.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.57% | 81,375 | $12.5M | Reduce -2.2% |
| COST Costco Wholesale Corp. | 0.57% | 14,389 | $12.4M | Add +2.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.56% | 153,517 | $12.2M | Reduce -2.2% |
| MA Mastercard Inc. Class A | 0.55% | 20,902 | $11.9M | Reduce -1.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.52% | 22,790 | $11.5M | Add +3.7% |
| ADBE Adobe Inc. | 0.52% | 32,613 | $11.4M | Add +1.0% |
| MS Morgan Stanley | 0.51% | 62,177 | $11.0M | Reduce -6.5% |
| AMAT Applied Materials Inc. | 0.50% | 42,851 | $11.0M | Reduce -4.7% |
| MINT PIMCO Enhanced Short Maturit | 0.49% | 107,173 | $10.8M | Reduce -28.0% |
| EFX Equifax Inc. | 0.49% | 49,589 | $10.8M | Reduce -1.7% |
| ADI Analog Devices Inc. | 0.49% | 39,608 | $10.7M | Reduce -5.3% |
| AME Ametek Inc. | 0.48% | 51,018 | $10.5M | Add +3.7% |
| INTU Intuit Inc. | 0.47% | 15,584 | $10.3M | Reduce -21.6% |
| CBRE CBRE Group Inc. Class A | 0.46% | 62,082 | $10.0M | Add +4.9% |
| XOM Exxon Mobil Corp. | 0.45% | 81,651 | $9.8M | Reduce -7.9% |
| CSCO Cisco Systems Inc. | 0.43% | 121,101 | $9.3M | Reduce -6.2% |
| CAT Caterpillar Inc. | 0.41% | 15,475 | $8.9M | Reduce -3.6% |
| ISRG Intuitive Surgical Inc. | 0.41% | 15,650 | $8.9M | Add +16.4% |
| CPRT Copart Inc. | 0.40% | 225,588 | $8.8M | Reduce -2.4% |
| PG The Procter & Gamble Co. | 0.40% | 61,594 | $8.8M | Add +5.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.38% | 11 | $8.3M | No change |
| ICE Intercontinental Exchange Inc. | 0.36% | 48,947 | $7.9M | Reduce -5.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 142,406 | $7.8M | Add +4.3% |
| BA The Boeing Co. | 0.35% | 35,339 | $7.7M | Reduce -6.0% |
| MCD McDonald's Corp. | 0.33% | 23,699 | $7.2M | Add +2.4% |
| GLD SPDR Gold Shares | 0.32% | 17,555 | $7.0M | Reduce -0.2% |
| XBI SS SPDR S&P Biotech ETF | 0.31% | 56,147 | $6.8M | New |
| GPC Genuine Parts Co. | 0.31% | 54,233 | $6.7M | Add +5.4% |
| AXP American Express Co. | 0.31% | 18,060 | $6.7M | Reduce -8.8% |
| MKL Markel Group Inc. | 0.30% | 3,076 | $6.6M | Reduce -9.2% |
| CVX Chevron Corp. | 0.30% | 42,916 | $6.5M | Reduce -6.7% |
| NDAQ Nasdaq Inc. | 0.28% | 62,215 | $6.0M | Reduce -3.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.27% | 12,375 | $6.0M | Add +1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 12,055 | $5.9M | Add +16.3% |
| DHR Danaher Corp. | 0.27% | 25,653 | $5.9M | Add +30.1% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.26% | 22,960 | $5.8M | No change |
| NEE Nextera Energy Inc. | 0.26% | 71,044 | $5.7M | Add +2.7% |
| VMC Vulcan Materials Co. | 0.25% | 19,036 | $5.4M | Reduce -6.2% |
| APH Amphenol Corp. Class A | 0.25% | 39,765 | $5.4M | Reduce -6.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.25% | 76,649 | $5.4M | Reduce -5.0% |
| AMD Advanced Micro Devices | 0.24% | 24,626 | $5.3M | Reduce -30.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 8,556 | $5.3M | Add +1.0% |
| TMO Thermo Fisher Scientific Inc. | 0.24% | 9,053 | $5.2M | Add +3.7% |
| IWM iShares Russell 2000 ETF | 0.24% | 21,288 | $5.2M | Reduce -21.5% |
| IJR iShares Core S&P Small-Cap E | 0.24% | 43,338 | $5.2M | Reduce -1.5% |
| DAN Dana Inc. | 0.23% | 215,437 | $5.1M | New |
| UBER Uber Technologies Inc. | 0.23% | 62,413 | $5.1M | Reduce -42.1% |
| ULTA Ulta Beauty Inc. | 0.23% | 8,427 | $5.1M | Add +62.0% |
| RIO Rio Tinto PLC-Spon ADR | 0.23% | 63,476 | $5.1M | Reduce -0.0% |
| LRCX Lam Research Corp. | 0.23% | 29,178 | $5.0M | Reduce -43.5% |
| SPHQ Invesco S&P 500 Quality ETF | 0.23% | 66,482 | $5.0M | Reduce -4.9% |
| ORCL Oracle Corp. | 0.23% | 25,559 | $5.0M | Reduce -7.3% |
| PAVE Global X US Infrastructure | 0.23% | 103,337 | $5.0M | Reduce -6.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 16,582 | $4.9M | Reduce -6.5% |
| MU Micron Technology Inc. | 0.22% | 17,071 | $4.9M | Reduce -48.6% |
| CASY Casey's General Stores Inc. | 0.22% | 8,755 | $4.8M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 0.22% | 7,268 | $4.8M | Reduce -45.0% |
| PHM Pultegroup Inc. | 0.22% | 40,068 | $4.7M | Add +17.6% |
| MRVL Marvell Technology Inc. | 0.21% | 52,815 | $4.5M | Reduce -3.1% |
Options reported separately and not counted above: META calls ($132K).
Other holdings (4): bonds, preferreds, convertibles and warrants · $5.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 2,514 | $3.2M | Reduce -2.9% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,854 | $2.2M | No change |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 150 | $7K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 235 | $5K | No change |
Total filed on the 13F, all lines: $2.2B.
Portfolio Sells Q3 2025 → Q4 2025
| FISV Fiserv Inc. | Reduce -66.8% | 0.14% | −0.67 |
| MSFT Microsoft Corp. | Reduce -1.9% | 3.07% | −0.31 |
| UBER Uber Technologies Inc. | Reduce -42.1% | 0.23% | −0.25 |
| META Meta Platforms Inc. Class A | Reduce -45.0% | 0.22% | −0.23 |
| NFLX Netflix Inc. | Reduce -38.8% | 0.20% | −0.22 |
| HD Home Depot Inc. | Reduce -1.5% | 1.02% | −0.21 |
| KRE SS SPDR S&P Regional Bank | Reduce -68.3% | 0.10% | −0.20 |
| MINT PIMCO Enhanced Short Maturit | Reduce -28.0% | 0.49% | −0.20 |
| DE Deere & Co. | Reduce -61.4% | 0.11% | −0.17 |
| INTU Intuit Inc. | Reduce -21.6% | 0.47% | −0.15 |
| ORCL Oracle Corp. | Reduce -7.3% | 0.23% | −0.13 |
| BKNG Booking Holdings Inc. | Reduce -38.7% | 0.17% | −0.12 |
| EWG iShares MSCI Germany ETF | Sold out | 0.00% | −0.12 |
| BX Blackstone Inc. | Reduce -70.2% | 0.04% | −0.11 |
| PRF Invesco Rafi US 1000 ETF | Sold out | 0.00% | −0.11 |
| EFX Equifax Inc. | Reduce -1.7% | 0.49% | −0.10 |
| ABT Abbott Laboratories | Reduce -7.9% | 0.57% | −0.10 |
| LRCX Lam Research Corp. | Reduce -43.5% | 0.23% | −0.09 |
| BSCP Invesco Bulletshares 2025 CB | Sold out | 0.00% | −0.09 |
| SPOT Spotify Technology SA | Reduce -98.2% | 0.00% | −0.09 |
| RBLX Roblox Corp. Class A | Reduce -91.0% | 0.00% | −0.09 |
| CPRT Copart Inc. | Reduce -2.4% | 0.40% | −0.08 |
| JPST JPMorgan Ultra-Short Income | Reduce -9.6% | 0.64% | −0.07 |
| CDNS Cadence Design SYS Inc. | Reduce -41.7% | 0.07% | −0.07 |
| IWM iShares Russell 2000 ETF | Reduce -21.5% | 0.24% | −0.06 |
| WFC Wells Fargo & Co. | Reduce -31.4% | 0.19% | −0.06 |
| DRVN Driven Brands Holdings Inc. | Reduce -97.6% | 0.00% | −0.06 |
| LEN Lennar Corp. Class A | Reduce -95.0% | 0.00% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -5.4% | 1.02% | −0.06 |
| VDE Vanguard Energy ETF | Reduce -26.9% | 0.14% | −0.05 |
| MAS Masco Corp. | Reduce -17.7% | 0.15% | −0.05 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.05 |
| MLM Martin Marietta Materials | Reduce -35.8% | 0.09% | −0.05 |
| AZO AutoZone Inc. | Reduce -0.1% | 0.18% | −0.05 |
| RSP Invesco S&P 500 Equal Weight | Reduce -3.6% | 1.30% | −0.05 |
| V Visa Inc. Class A | Reduce -5.9% | 1.09% | −0.05 |
| BLD Topbuild Corp. | Reduce -64.7% | 0.03% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -5.9% | 0.36% | −0.04 |
| SYK Stryker Corp. | Reduce -0.9% | 0.58% | −0.04 |
| VMC Vulcan Materials Co. | Reduce -6.2% | 0.25% | −0.04 |
| WRB WR Berkley Corp. | Reduce -5.0% | 0.25% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -4.4% | 1.17% | −0.04 |
| WDAY Workday Inc. Class A | Reduce -69.9% | 0.01% | −0.04 |
| XLK SS Technology Select Sector | Reduce -5.9% | 0.76% | −0.04 |
| MDY State Street SPDR S&P Midcap | Reduce -1.6% | 2.87% | −0.04 |
| VST Vistra Corp. | Reduce -4.2% | 0.13% | −0.04 |
| NVDA Nvidia Corp. | Reduce -1.2% | 1.58% | −0.03 |
| MU Micron Technology Inc. | Reduce -48.6% | 0.22% | −0.03 |
| GBTC Grayscale Bitcoin Trust ETF | Reduce -43.9% | 0.02% | −0.03 |
| MSCI MSCI Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +8.3% | 8.02% | +0.72 |
| LLY Eli Lilly & Co. | Add +26.5% | 1.39% | +0.60 |
| XBI SS SPDR S&P Biotech ETF | New | 0.31% | +0.31 |
| VGIT Vanguard Intermediate-Term T | Add +27.4% | 1.27% | +0.26 |
| DAN Dana Inc. | New | 0.23% | +0.23 |
| AAPL Apple Inc. | Add +0.3% | 3.74% | +0.22 |
| TSM Taiwan Semiconductor-SP ADR | Add +17.6% | 0.84% | +0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.5% | 5.61% | +0.17 |
| ISRG Intuitive Surgical Inc. | Add +16.4% | 0.41% | +0.13 |
| IJH iShares Core S&P Midcap ETF | Add +14.5% | 0.95% | +0.12 |
| JNJ Johnson & Johnson | Add +3.8% | 0.83% | +0.11 |
| ULTA Ulta Beauty Inc. | Add +62.0% | 0.23% | +0.10 |
| VGSH Vanguard Short-Term Treasury | Add +14.3% | 0.83% | +0.10 |
| DHR Danaher Corp. | Add +30.1% | 0.27% | +0.09 |
| KO The Coca-Cola Co. | Add +3.3% | 1.19% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +256.9% | 0.11% | +0.08 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.07% | +0.07 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.07% | +0.07 |
| AME Ametek Inc. | Add +3.7% | 0.48% | +0.05 |
| TOL Toll Brothers Inc. | Add +94.3% | 0.11% | +0.05 |
| DFAT Dimensional US Target Value | Add +209.6% | 0.07% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +3.7% | 0.24% | +0.04 |
| EWP iShares MSCI Spain ETF | Add +23.6% | 0.17% | +0.04 |
| GVI iShares Intermediate Governm | Add +41.1% | 0.15% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +16.3% | 0.27% | +0.04 |
| IWR iShares Russell Mid-Cap ETF | Add +183.4% | 0.06% | +0.04 |
| EWI iShares MSCI Italy ETF | Add +25.7% | 0.16% | +0.04 |
| EWU iShares MSCI United Kingdom | Add +23.6% | 0.16% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +6.2% | 0.68% | +0.03 |
| BAC Bank of America Corp. | Add +4.3% | 0.36% | +0.03 |
| BSV Vanguard Short-Term Bond ETF | Add +78.4% | 0.07% | +0.03 |
| FNDX Schwab Fndmntl US LRG Co. ETF | New | 0.03% | +0.03 |
| RPV Invesco S&P 500 Pure Value E | Add +18.4% | 0.16% | +0.03 |
| MUNI PIMCO Intermediate Municipal | New | 0.03% | +0.03 |
| PEP Pepsico Inc. | Add +2.5% | 0.58% | +0.03 |
| CBRE CBRE Group Inc. Class A | Add +4.9% | 0.46% | +0.03 |
| STPZ PIMCO 1-5 Year US Tips Index | New | 0.02% | +0.02 |
| OEF iShares S&P 100 ETF | Add +13.9% | 0.16% | +0.02 |
| GSLC Goldman Activebeta US LC ETF | New | 0.02% | +0.02 |
| JMST JPM Ultra-Short Muni Income | New | 0.02% | +0.02 |
| NEE Nextera Energy Inc. | Add +2.7% | 0.26% | +0.02 |
| XLV SS Health Care Select Sector | Add +104.6% | 0.04% | +0.02 |
| BNY Bank of New York Mellon Corp. | Add +20400.0% | 0.02% | +0.02 |
| IEFA iShares Core MSCI Eafe ETF | Add +2196.4% | 0.02% | +0.02 |
| ASML ASML Holding NV-NY Reg SHS | Add +14.1% | 0.09% | +0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Add +15326.7% | 0.02% | +0.02 |
| VCRB Vanguard Core Bond ETF | New | 0.02% | +0.02 |
| DFAE Dimensional Emerging Core Eq | New | 0.02% | +0.02 |
| XLE SS Energy Select Sector | Add +35.3% | 0.06% | +0.02 |
| GTLS Chart Industries Inc. | Add +26800.0% | 0.02% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| AVGO Broadcom Inc. | call | Sold out | 1,300 | $429Kbefore exit |
| NVDA Nvidia Corp. | call | Sold out | 1,800 | $336Kbefore exit |
| ANET Arista Networks Inc. | call | Sold out | 1,700 | $248Kbefore exit |
| AMD Advanced Micro Devices | call | Sold out | 1,300 | $210Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.9% | 2,514 | $3.2M |
| AL Sumisho Air Lease Corp. | CL A | 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 | 949 | $2.4B | IVV, SPY, AAPL, MDY, GOOG |
| Q1 2026 | 928 | $2.1B | IVV, SPY, AAPL, MDY, GOOG |
| Q4 2025 | 945 | $2.2B | IVV, SPY, AAPL, MSFT, GOOG |
| Q3 2025 | 1,110 | $2.2B | IVV, SPY, AAPL, MSFT, MDY |
| Q2 2025 | 936 | $2.0B | IVV, SPY, MSFT, AAPL, MDY |
| Q1 2025 | 986 | $2.0B | IVV, SPY, AAPL, MDY, MSFT |
| Q4 2024 | 988 | $2.1B | IVV, SPY, AAPL, MDY, MSFT |
| Q3 2024 | 1,019 | $2.1B | IVV, SPY, AAPL, MDY, MSFT |
| Q2 2024 | 974 | $2.0B | IVV, SPY, MSFT, AAPL, MDY |
| Q1 2024 | 959 | $2.0B | SPY, IVV, MSFT, MDY, AAPL |