MSA Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), MSA Advisors, LLC reported 28 stock positions worth $398.7 million. Its top holding was Apollo Global Management (APO) at 32.6% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 18.6%) and Starbucks (SBUX, 7.9%). Compared with Q1 2025, it opened 4 new positions, sold out of 6 and reduced 9. The biggest buy was a new position in Vail Resorts (MTN) and the biggest sale an exit from iShares Russell 2000 ETF (IWM).
- Most Recent 13F
- Q2 2026
- Location
- SANTA MONICA, CA
- CIK
- 0001040410
- Portfolio Value
- $398.7M (Q2 2025)
- SEC Filing
- 0001040410-25-000002 ↗ filed Aug 14, 2025
Holdings Value
Holdings 28 stocks · $398.7M
| APO Apollo Global Management Inc. | 32.60% | 916,202 | $130.0M | Reduce -1.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 18.62% | 120,178 | $74.3M | Reduce -10.7% |
| SBUX Starbucks Corp. | 7.91% | 344,057 | $31.5M | Reduce -1.9% |
| LYV Live Nation Entertainment Inc. | 7.03% | 185,205 | $28.0M | Reduce -3.1% |
| AAPL Apple Inc. | 5.40% | 104,990 | $21.5M | Reduce -2.5% |
| MSFT Microsoft Corp. | 4.82% | 38,640 | $19.2M | Reduce -4.5% |
| META Meta Platforms Inc. Class A | 4.28% | 23,136 | $17.1M | Reduce -5.7% |
| SPOT Spotify Technology SA | 4.09% | 21,275 | $16.3M | No change |
| GOOG Alphabet Inc. Class C | 3.75% | 84,365 | $15.0M | Reduce -4.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 3.16% | 101,170 | $12.6M | No change |
| JPM JPMorgan Chase & Co. | 2.27% | 31,200 | $9.0M | No change |
| TPG TPG Inc. | 2.23% | 169,493 | $8.9M | No change |
| MTN Vail Resorts Inc. | 1.23% | 31,000 | $4.9M | New |
| SHOP Shopify Inc. Class A | 0.56% | 19,500 | $2.2M | No change |
| LLY Eli Lilly & Co. | 0.49% | 2,500 | $1.9M | No change |
| VOO Vanguard S&P 500 ETF | 0.30% | 2,093 | $1.2M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 20,000 | $946K | No change |
| CMCSA Comcast Corp. Class A | 0.21% | 22,988 | $820K | No change |
| CAI Caris Life Sciences Inc. | 0.13% | 19,200 | $513K | New |
| NKE Nike Inc. Class B | 0.13% | 7,070 | $502K | No change |
| BODI The Beachbody Co. Inc. filed as THE BEACHBODY COMPANY INC | 0.12% | 116,749 | $481K | Reduce -0.1% |
| AMZN Amazon.com Inc. | 0.10% | 1,860 | $408K | No change |
| NVDA Nvidia Corp. | 0.09% | 2,200 | $348K | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.06% | 3,500 | $242K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.06% | 475 | $231K | No change |
| BIRK Birkenstock Holding PLC | 0.05% | 4,100 | $202K | New |
| S Sentinelone Inc. Class A | 0.05% | 10,679 | $195K | No change |
| AGEN Agenus Inc. | 0.01% | 10,000 | $46K | New |
Portfolio Sells Q1 2025 → Q2 2025
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −3.42 |
| SBUX Starbucks Corp. | Reduce -1.9% | 7.91% | −0.90 |
| AAPL Apple Inc. | Reduce -2.5% | 5.40% | −0.72 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.7% | 18.62% | −0.65 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.16 |
| BODI The Beachbody Co. Inc. | Reduce -0.1% | 0.12% | −0.10 |
| MAT Mattel Inc. | Sold out | 0.00% | −0.09 |
| EAGL Eagle Capital Select Eqty | Sold out | 0.00% | −0.08 |
| APO Apollo Global Management Inc. | Reduce -1.6% | 32.60% | −0.04 |
| SATL Satellogic Inc. Class A | Sold out | 0.00% | −0.02 |
| RENOVARO INC | Sold out | 0.00% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -4.0% | 3.75% | +0.24 |
| LYV Live Nation Entertainment Inc. | Reduce -3.1% | 7.03% | +0.63 |
| META Meta Platforms Inc. Class A | Reduce -5.7% | 4.28% | +0.66 |
| MSFT Microsoft Corp. | Reduce -4.5% | 4.82% | +0.93 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 43 | $388.6M | APO, SPY, SBUX, LYV, GOOG |
| Q1 2026 | 50 | $332.7M | APO, SPY, SBUX, LYV, GOOG |
| Q4 2025 | 31 | $399.4M | APO, SPY, SLV, SBUX, GOOG |
| Q3 2025 | 30 | $400.2M | APO, SPY, LYV, SBUX, GOOG |
| Q2 2025 | 28 | $398.7M | APO, SPY, SBUX, LYV, AAPL |
| Q1 2025 | 30 | $390.5M | APO, SPY, SBUX, LYV, AAPL |
| Q4 2024 | 31 | $399.8M | APO, SPY, SBUX, AAPL, LYV |
| Q3 2024 | 29 | $387.6M | APO, SPY, SBUX, AAPL, LYV |
| Q2 2024 | 27 | $348.8M | APO, SPY, SBUX, AAPL, GOOG |
| Q1 2024 | 23 | $334.0M | APO, SPY, SBUX, MSFT, GOOG |