National Philanthropic Trust

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), National Philanthropic Trust reported 364 stock positions worth $9.4 billion. Its top holding was Nvidia (NVDA) at 18.1% of the portfolio, followed by Alphabet Class A (GOOGL, 11.5%) and Apollo Global Management (APO, 10.7%). Compared with Q4 2025, it opened 40 new positions, sold out of 61, added to 82 and reduced 110. The biggest buy was Amazon.com (AMZN, shares +44%) and the biggest sale Apollo Global Management (APO, shares −0%).

Most Recent 13F
Q2 2026
Location
Jenkintown, PA
CIK
0001785342
Portfolio Value
$9.4B (Q1 2026)
SEC Filing
0001193805-26-000629 ↗ filed May 15, 2026

Holdings Value

0$5.0B$10.0B$15.0B Q1 2024: $4.6B Q1 2024 Q2 2024: $5.2B Q2 2024 Q3 2024: $5.5B Q3 2024 Q4 2024: $6.9B Q4 2024 Q1 2025: $6.2B Q1 2025 Q2 2025: $7.5B Q2 2025 Q3 2025: $8.9B Q3 2025 Q4 2025: $10.1B Q4 2025 Q1 2026: $9.4B $9.4B Q1 2026 Q2 2026: $6.9B Q2 2026

Holdings 364 stocks · $9.4B
NVDA Nvidia Corp. 18.08% 9,729,068 $1.7B Reduce -0.1%
GOOGL Alphabet Inc. Class A 11.46% 3,740,822 $1.1B Add +11.5%
APO Apollo Global Management Inc. 10.69% 9,005,313 $1.0B Reduce -0.1%
IVV iShares Core S&P 500 ETF 10.68% 1,534,381 $1.0B Add +3.5%
AVGO Broadcom Inc. 5.15% 1,561,605 $483.3M Reduce -0.6%
AMZN Amazon.com Inc. 3.99% 1,799,679 $374.8M Add +44.3%
VOO Vanguard S&P 500 ETF 3.29% 516,261 $308.5M Add +1.3%
GOOG Alphabet Inc. Class C 2.51% 821,752 $235.7M Reduce -1.7%
BX Blackstone Inc. 2.42% 1,975,576 $227.2M Add +23.2%
CVNA Carvana Co. 2.20% 657,084 $206.6M Reduce 0.0%
AGG iShares Core U.S. Aggregate 1.91% 1,807,317 $179.4M Add +18.5%
MSFT Microsoft Corp. 1.82% 460,379 $170.4M Reduce -3.5%
IEFA iShares Core MSCI Eafe ETF 1.70% 1,765,613 $159.8M Add +2.2%
BSV Vanguard Short-Term Bond ETF 1.29% 1,539,713 $120.7M Add +86.9%
SPY SS SPDR S&P 500 ETF Trust-US 1.16% 167,975 $109.2M Reduce -1.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 1.09% 356,234 $102.3M Add +4.0%
TSM Taiwan Semiconductor-SP ADR 0.96% 267,580 $90.4M Reduce -2.2%
IWM iShares Russell 2000 ETF 0.86% 326,559 $81.0M Add +3.8%
IEMG iShares Core MSCI Emerging 0.81% 1,091,083 $76.1M Reduce -0.2%
IAU iShares Gold Trust 0.71% 759,979 $67.0M Reduce -17.9%
URTH iShares MSCI World ETF 0.70% 366,263 $65.9M Add +6.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.67% 793,126 $63.1M Add +6.7%
ABNB Airbnb Inc. Class A 0.65% 479,639 $60.6M No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.53% 37,911 $50.1M Add +2273.9%
VTI VG Morningstar TS MKT ETF-US 0.49% 144,422 $46.3M Add +6.5%
TDG Transdigm Group Inc. 0.49% 39,895 $46.2M Reduce -2.0%
RBLX Roblox Corp. Class A 0.40% 667,666 $37.8M Reduce -1.5%
VOTE TCW Transform 500 ETF 0.39% 476,634 $36.4M No change
KKR KKR & Co. Inc. 0.38% 385,927 $35.7M No change
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.36% 2,328,059 $33.5M Reduce -0.4%
OWL Blue Owl Capital Inc. 0.34% 3,492,000 $31.9M Reduce -22.3%
JIRE JPMorgan Int Res Enh Eqty 0.33% 410,810 $31.1M Add +12.1%
ICF iShares Select U.S. REIT ETF 0.30% 450,569 $27.9M Add +5.0%
HTRB Hartford TTL RTRN BND ETF 0.29% 800,087 $27.0M New
UNH Unitedhealth Group Inc. 0.29% 99,366 $26.9M Reduce -0.3%
MDLN Medline Inc. Class A 0.26% 554,853 $24.7M New
AAPL Apple Inc. 0.24% 90,425 $22.9M Reduce -24.5%
EFA iShares MSCI Eafe ETF 0.23% 225,293 $21.9M Add +11.1%
VEA Vanguard Ftse Developed ETF 0.23% 333,758 $21.4M Add +76.4%
DSI iShares ESG MSCI KLD 400 ETF 0.21% 164,023 $19.9M Add +70.6%
VXUS Vanguard Total Intl Stock 0.21% 257,340 $19.8M No change
PANW Palo Alto Networks Inc. 0.19% 113,437 $18.2M Reduce -0.4%
CPNG Coupang Inc. 0.18% 890,192 $16.8M Add +1.1%
KRMN Karman Holdings Inc. 0.17% 200,000 $16.0M No change
BND Vanguard Total Bond Market 0.17% 215,189 $15.8M Add +6.7%
GRBK Green Brick Partners Inc. 0.16% 231,556 $14.9M No change
ALLW State Street Brgwtr All WTHR 0.16% 517,243 $14.9M New
TLN Talen Energy Corp. 0.16% 46,688 $14.9M No change
QQQ Invesco QQQ Trust Series 1 0.14% 23,184 $13.4M Reduce -8.6%
CALM Cal-Maine Foods Inc. 0.14% 168,000 $13.3M No change
JPRE JPMorgan Realty Income ETF 0.14% 275,191 $13.2M Add +4.3%
PEP Pepsico Inc. 0.14% 83,357 $12.9M Reduce -0.0%
RYAAY Ryanair Holdings PLC-SP ADR 0.14% 221,025 $12.8M No change
TPG TPG Inc. 0.13% 309,126 $12.5M No change
ETON Eton Pharmaceuticals Inc. 0.13% 492,112 $12.1M No change
META Meta Platforms Inc. Class A 0.13% 21,080 $12.1M Reduce -7.8%
RSP Invesco S&P 500 Equal Weight 0.12% 61,028 $11.7M Add +0.3%
BRK.A Berkshire Hathaway Inc. Class A 0.11% 14 $10.1M No change
DASH DoorDash Inc. Class A 0.11% 66,574 $10.0M Add +1.9%
DVA Davita Inc. 0.10% 62,931 $9.7M No change
PAVE Global X US Infrastructure 0.10% 187,277 $9.5M Reduce -0.9%
GLD SPDR Gold Shares 0.10% 21,889 $9.4M Reduce -3.0%
IJH iShares Core S&P Midcap ETF 0.10% 136,413 $9.2M No change
BN Brookfield Corp. 0.09% 218,527 $8.8M No change
CVGW Calavo Growers Inc. 0.09% 325,000 $8.4M No change
LYB Lyondellbasell Indu Class A 0.09% 101,780 $8.2M Add +1.7%
ALGN Align Technology Inc. 0.09% 47,662 $8.2M Reduce -0.3%
HOOD Robinhood Markets Inc. Class A 0.09% 116,532 $8.1M Reduce -7.8%
SHY iShares 1-3 Year Treasury Bo 0.09% 97,793 $8.1M Add +10.4%
ARLO Arlo Technologies Inc. 0.09% 563,293 $8.0M No change
ITOT iShares Core S&P Total U.S. 0.08% 55,616 $7.9M Add +5.2%
CVX Chevron Corp. 0.08% 38,286 $7.9M Add +1.1%
APPN Appian Corp. Class A 0.08% 299,532 $7.2M No change
CUBI Customers Bancorp Inc. 0.08% 103,200 $7.2M No change
CRBN Ish Low Car Opt Ms Ac ETF-US 0.07% 31,222 $7.0M Add +4.3%
SLNO Soleno Therapeutics Inc. 0.07% 200,000 $6.7M Add +187.6%
GS Goldman Sachs Group Inc. 0.07% 7,862 $6.7M Reduce -3.0%
NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP 0.07% 852,921 $6.6M No change
ORCL Oracle Corp. 0.07% 44,832 $6.6M Reduce -1.0%
CP Canadian Pacific Kansas City 0.07% 82,361 $6.5M No change
INCY Incyte Corp. 0.07% 67,655 $6.4M No change
JPM JPMorgan Chase & Co. 0.07% 21,334 $6.3M Reduce -7.4%
TSLA Tesla Inc. 0.07% 16,728 $6.2M Reduce -59.1%
JNJ Johnson & Johnson 0.06% 24,684 $6.0M Reduce -0.2%
PLTR Palantir Technologies Inc. Class A 0.06% 41,031 $6.0M Reduce -2.1%
SCHW Schwab (charles) Corp. 0.06% 63,788 $6.0M Reduce -22.6%
GLW Corning Inc. 0.06% 44,037 $6.0M No change
JFLX JPMorgan Flexible Debt ETF 0.06% 118,233 $5.9M No change
AIQ Global X Art Intel & Tech 0.06% 125,346 $5.8M Add +11.4%
ICE Intercontinental Exchange Inc. 0.06% 37,127 $5.8M Reduce -0.8%
AMD Advanced Micro Devices 0.06% 28,465 $5.8M Reduce -96.3%
LUNR Intuitive Machines Inc. 0.06% 300,000 $5.6M No change
ELV Elevance Health Inc. 0.06% 18,656 $5.5M Reduce -0.9%
MCO Moody's Corp. 0.06% 12,481 $5.4M No change
BRK.B Berkshire Hathaway Inc. Class B 0.06% 11,010 $5.3M Reduce -18.2%
LBRDK Liberty Broadband-C 0.05% 102,099 $5.1M Reduce -9.9%
TXRH Texas Roadhouse Inc. 0.05% 30,000 $5.0M No change
COST Costco Wholesale Corp. 0.05% 4,866 $4.8M Reduce -7.3%
SUNB Sunbelt Rentals Holdings Inc. 0.05% 74,449 $4.8M New
XOM Exxon Mobil Corp. 0.05% 28,128 $4.8M Add +3.0%
ARES Ares Management Corp. Class A 0.05% 43,228 $4.7M No change
COF Capital One Financial Corp. 0.05% 25,718 $4.7M Reduce -1.2%
ALAB Astera Labs Inc. 0.05% 42,700 $4.7M No change
VTV Vanguard Mrngstr Val ETF-Aui 0.05% 22,832 $4.5M Add +0.7%
IJR iShares Core S&P Small-Cap E 0.05% 35,715 $4.4M Add +0.1%
ESGU iShares ESG Aware MSCI USA 0.05% 31,160 $4.4M Reduce -2.6%
LINE Lineage Inc. 0.05% 133,628 $4.4M No change
ACWI iShares MSCI Acwi ETF 0.04% 30,329 $4.2M No change
ZTS Zoetis Inc. 0.04% 34,580 $4.1M New
ENPH Enphase Energy Inc. 0.04% 108,000 $4.1M No change
QQQM Invesco Nasdaq 100 ETF 0.04% 17,149 $4.1M No change
V Visa Inc. Class A 0.04% 13,477 $4.1M Add +43.7%
TSLX Sixth Street Specialty Lendi 0.04% 216,000 $4.0M Add +48.0%
ABX Abacus Global Management Inc. 0.04% 500,000 $3.9M No change
MSA Msa Safety Inc. 0.04% 23,680 $3.9M Reduce -1.0%
BTSG Brightspring Health Services 0.04% 91,084 $3.9M Add +143.3%
DDOG Datadog Inc. Class A 0.04% 32,441 $3.8M Reduce -1.3%
JPST JPMorgan Ultra-Short Income 0.04% 72,101 $3.6M New
VRT Vertiv Holdings Co. Class A 0.04% 14,385 $3.6M Reduce -0.1%
DBX Dropbox Inc. Class A 0.04% 158,204 $3.6M No change
IVW iShares S&P 500 Growth ETF 0.04% 30,944 $3.5M Add +0.3%
FWONK Liberty Media Corp. Class C 0.04% 41,147 $3.5M Reduce -0.8%
IVE iShares S&P 500 Value ETF 0.04% 16,525 $3.5M Reduce -1.4%
PM Philip Morris International 0.04% 20,958 $3.5M Add +0.6%
VUG Vanguard Mrngstar GR ETF-Sui 0.04% 7,881 $3.4M Reduce -8.2%
JTEK JPMorgan US Tech Leaders 0.04% 42,947 $3.4M Add +208.5%
DBEF Xtrackers MSCI Eafe Hedged E 0.04% 67,474 $3.3M No change
IYH iShares U.S. Healthcare ETF 0.03% 53,165 $3.3M Reduce -2.7%
ARKK ARK Innovation ETF 0.03% 48,387 $3.3M No change
SHE SS SPDR MSCI U Gend Div ETF 0.03% 25,502 $3.3M Add +4.8%
SHW The Sherwin-Williams Co. 0.03% 10,004 $3.2M No change
ACN Accenture PLC Class A 0.03% 15,872 $3.1M No change
FXI iShares China Large-Cap ETF 0.03% 85,491 $3.1M Add +14.6%
HCA HCA Healthcare Inc. 0.03% 6,448 $3.1M Reduce -24.7%
CRCL Circle Internet Group Inc. 0.03% 30,807 $2.9M Reduce -50.0%
BKLN Invesco Senior Loan ETF 0.03% 143,061 $2.9M No change
DELL Dell Technologies -C 0.03% 16,797 $2.8M Reduce -0.1%
VTWG Vanguard Russell 2000 Growth 0.03% 11,911 $2.7M No change
SRLN SS Blackstone Sr Loan ETF 0.03% 67,629 $2.7M No change
IREN Iren Ltd. filed as IREN LIMITED 0.03% 79,081 $2.7M Reduce -19.5%
CHTR Charter Communications Inc. Class A 0.03% 12,459 $2.7M Reduce -2.5%
SGI Somnigroup International Inc. 0.03% 36,341 $2.7M Reduce -1.4%
TECH Bio-Techne Corp. 0.03% 51,057 $2.7M Add +161.0%
AAXJ iShares MSCI All Country Asi 0.03% 26,852 $2.6M No change
KOD Kodiak Sciences Inc. 0.03% 66,398 $2.5M No change
ICLR Icon PLC 0.03% 21,677 $2.4M Reduce -0.7%
KIM Kimco Realty Corp. 0.03% 106,013 $2.4M No change
FWONA Liberty Media Corp. Class A 0.03% 30,435 $2.4M No change
JAAA Janus Henderson Aaa Clo ETF 0.03% 47,116 $2.4M New
VIPS Vipshop Holdings Ltd. - ADR 0.03% 149,975 $2.4M No change
LEVI Levi Strauss & Co. Class A 0.02% 124,019 $2.3M No change
BABA Alibaba Group Holding-SP ADR 0.02% 18,187 $2.3M Reduce -68.6%
VCSH Vanguard S/T Corp. Bond ETF 0.02% 28,503 $2.3M Reduce -7.7%
MRK Merck & Co. Inc. 0.02% 18,185 $2.2M Add +3.7%
SNEX Stonex Group Inc. 0.02% 27,033 $2.2M Reduce -7.0%
SNOW Snowflake Inc. 0.02% 14,164 $2.1M Add +0.9%
VEU Vanguard Ftse All-World Ex-U 0.02% 27,919 $2.1M No change
GFL GFL Environmental Inc.-Sub VT 0.02% 50,000 $2.1M No change
HQ Horizon Quantum Holding Class A 0.02% 231,520 $2.0M New
WFC Wells Fargo & Co. 0.02% 25,400 $2.0M Reduce -0.4%
NEE Nextera Energy Inc. 0.02% 21,680 $2.0M Reduce -0.2%
JEPI JPMorgan Equity Premium Inco 0.02% 33,491 $1.9M Add +10.1%
CACC Credit Acceptance Corp. 0.02% 4,474 $1.9M Reduce -33.5%
IWF iShares Russell 1000 Growth 0.02% 4,271 $1.8M Reduce -56.3%
SOXX iShares Semiconductor ETF 0.02% 5,541 $1.8M Reduce -1.9%
VGT Vanguard Info Tech ETF 0.02% 2,604 $1.8M Reduce -2.5%
XLE SS Energy Select Sector 0.02% 29,508 $1.8M Reduce -6.4%
ASTS Ast Spacemobile Inc. 0.02% 21,367 $1.8M Add +68.0%
SAP Sap SE-Sponsored ADR 0.02% 10,269 $1.8M New
LNG Cheniere Energy Inc. 0.02% 6,158 $1.7M New
U Unity Software Inc. 0.02% 76,572 $1.7M No change
ARM Arm Holdings PLC-ADR 0.02% 11,000 $1.7M No change
IWD iShares Russell 1000 Value E 0.02% 7,719 $1.6M Reduce -55.6%
XMTR Xometry Inc. Class A 0.02% 40,266 $1.6M No change
JBBB Janus Henderson B-BBB Clo Et 0.02% 34,367 $1.6M New
KO The Coca-Cola Co. 0.02% 20,940 $1.6M No change
XLK SS Technology Select Sector 0.02% 11,982 $1.6M Reduce -51.1%
HGTY Hagerty Inc. Class A 0.02% 150,000 $1.6M No change
PG The Procter & Gamble Co. 0.02% 10,718 $1.5M Reduce -1.1%
ABBV Abbvie Inc. 0.02% 7,074 $1.5M Reduce -2.4%
EWJ iShares MSCI Japan ETF 0.02% 18,150 $1.5M Reduce -43.0%
PRCT Procept Biorobotics Corp. 0.02% 59,720 $1.5M No change
IBIT iShares Bitcoin Trust ETF 0.02% 38,374 $1.5M Reduce -83.3%
AGNT Agnt Inc. filed as EXP WORLD HLDGS INC 0.02% 245,000 $1.5M No change
TSAT Telesat Corp. 0.02% 40,000 $1.4M No change
SE Sea Ltd.-ADR 0.02% 17,244 $1.4M Reduce -14.8%
MPLX MPLX LP 0.02% 25,000 $1.4M No change
BATRA Atlanta Braves Holdings in-A 0.02% 30,000 $1.4M No change
ABT Abbott Laboratories 0.01% 13,644 $1.4M Add +6.5%
VIG Vanguard Dividend Apprec ETF 0.01% 6,485 $1.4M Reduce -93.6%
USRT iShares Core US REIT ETF 0.01% 23,093 $1.4M Reduce -2.5%
PJT PJT Partners Inc. Class A 0.01% 9,438 $1.3M No change
MCD McDonald's Corp. 0.01% 4,221 $1.3M Reduce -0.5%
VHI Valhi Inc. 0.01% 87,717 $1.3M No change
IWS iShares Russell Mid-Cap Valu 0.01% 8,522 $1.2M No change
UNP Union Pacific Corp. 0.01% 5,117 $1.2M No change
LLY Eli Lilly & Co. 0.01% 1,339 $1.2M Reduce -4.4%
EOSE Eos Energy Enterprises Inc. 0.01% 246,646 $1.2M No change
CSCO Cisco Systems Inc. 0.01% 15,724 $1.2M Reduce -1.1%
XAR SS SPDR S&P Aerospace Def 0.01% 4,709 $1.2M No change
HIMS Hims & Hers Health Inc. 0.01% 56,850 $1.2M Reduce -0.7%
VB Vanguard Most SM-Cap ETF-Usd 0.01% 4,474 $1.2M No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.01% 17,539 $1.2M Reduce -0.5%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.01% 20,350 $1.1M Add +5.7%
ITT Itt Inc. 0.01% 5,725 $1.1M Reduce -9.1%
IWP iShares Russell Mid-Cap Grow 0.01% 8,324 $1.1M No change
NFLX Netflix Inc. 0.01% 10,946 $1.1M Add +4.5%
TLT iShares 20+ Year Treasury BD 0.01% 11,987 $1.0M Add +16.5%
DGRO iShares Core Dividend Growth 0.01% 14,500 $1.0M Add +93.3%
TIP iShares Tips Bond ETF 0.01% 9,201 $1.0M No change
FRT Federal Realty Invs Trust 0.01% 9,485 $1.0M No change
NVR NVR Inc. 0.01% 151 $995K No change
COIN Coinbase Global Inc. Class A 0.01% 5,585 $975K Reduce -7.2%
EMXC iShares MSCI Emr MRK Ex Chna 0.01% 12,354 $972K Reduce -72.0%
VONG Vanguard Russell 1000 Growth 0.01% 8,800 $965K Reduce -39.5%
PCOR Procore Technologies Inc. 0.01% 16,429 $936K No change
VWO Vanguard Ftse Emerging Marke 0.01% 17,142 $927K No change
FPE FT-Preferred Secur & Inc. ETF 0.01% 52,029 $924K No change
MO Altria Group Inc. 0.01% 13,992 $923K Reduce -3.8%
CLS Celestica Inc. 0.01% 3,267 $920K No change
ET Energy Transfer LP 0.01% 47,634 $919K Add +12.6%
IWO iShares Russell 2000 Growth 0.01% 2,925 $918K Add +17.1%
COP Conocophillips 0.01% 6,915 $913K Add +0.3%
VIOO Vanguard S&P Small-Cap 600 E 0.01% 7,702 $884K No change
USFR Wisdomtree Floating Rate Tre 0.01% 17,268 $869K Add +38.5%
GDX Vaneck Gold Miners ETF 0.01% 9,266 $850K Add +25.9%
DBC Invesco DB Commodity Index T 0.01% 28,912 $837K No change
CSX CSX Corp. 0.01% 20,173 $828K No change
CRM Salesforce Inc. 0.01% 4,419 $825K Reduce -3.8%
EOLS Evolus Inc. 0.01% 200,000 $822K No change
VCIT Vanguard Int-Term Corporate 0.01% 9,757 $807K No change
QCOM Qualcomm Inc. 0.01% 6,132 $790K Reduce -60.6%
IWN iShares Russell 2000 Value E 0.01% 4,139 $785K No change
GLIBK Liberty Capital Corp. Class C filed as GCI LIBERTY INC 0.01% 20,992 $781K Reduce -1.6%
MU Micron Technology Inc. 0.01% 2,256 $762K Add +122.9%
SHEL Shell PLC-ADR 0.01% 8,079 $751K Add +0.3%
XLV SS Health Care Select Sector 0.01% 5,048 $740K Reduce -33.0%
SIL Global X Silver Miners ETF 0.01% 8,195 $738K Add +71.4%
VFQY Vanguard U.S. Quality Factor 0.01% 4,862 $726K No change
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.01% 29,785 $723K Add +0.6%
CMDY iShares Bloomberg Roll Selec 0.01% 12,112 $720K Reduce -12.4%
AMTM Amentum Holdings Inc. 0.01% 27,066 $706K Reduce -1.4%
QUAL iShares MSCI USA Quality Fac 0.01% 3,586 $688K Add +15.9%
MDLZ Mondelez International Inc. Class A 0.01% 11,702 $675K Reduce -1.4%
GTM Zoominfo Technologies Inc. 0.01% 112,641 $674K No change
SPGI S&P Global Inc. 0.01% 1,549 $659K Reduce -10.6%
GBTC Grayscale Bitcoin Trust ETF 0.01% 12,389 $654K Reduce -3.9%
ALB Albemarle Corp. 0.01% 3,610 $648K No change
PSX Phillips 66 0.01% 3,557 $648K No change
NVO Novo-Nordisk A/S-Spons ADR 0.01% 17,381 $639K Add +256.1%
DSMC Distillate S/M Cash Flow ETF 0.01% 17,000 $636K No change
ADP Automatic Data Processing 0.01% 3,073 $624K Reduce -9.9%
VT Vanguard Tot World STK ETF 0.01% 4,494 $622K Reduce -12.8%
IGSB iShares 1-5Y Inv Grade Corp. 0.01% 11,580 $609K Add +58.3%
EAGL Eagle Capital Select Eqty 0.01% 19,852 $604K Add +29.1%
CB Chubb Ltd. 0.01% 1,801 $587K No change
LYFT LYFT Inc. Class A 0.01% 44,000 $585K Reduce -89.9%
PRU Prudential Financial Inc. 0.01% 5,962 $582K No change
DBA Invesco DB Agriculture Fund 0.01% 21,179 $579K No change
NOBL Proshares S&P 500 Dividend A 0.01% 5,444 $577K No change
WMT Walmart Inc. 0.01% 4,599 $572K Reduce -4.2%
AX Axos Financial Inc. 0.01% 6,685 $569K No change
CDE Coeur Mining Inc. 0.01% 30,000 $563K New
OIH Vaneck Oil Services ETF 0.01% 1,378 $557K No change
IQLT iShares MSCI International Q 0.01% 12,000 $555K No change
AIS Vistashares Ais ETF 0.01% 13,137 $551K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.01% 1,168 $541K Add +4.5%
NMM Navios Maritime Partners LP 0.01% 7,956 $537K No change
EEMV iShares MSCI Emg MKT Min Vol 0.01% 8,233 $533K No change
BBJP JPMorgan Betabuilders Japan 0.01% 7,654 $527K New
CRGO Freightos Ltd. 0.01% 320,000 $525K Reduce -5.9%
PH Parker Hannifin Corp. 0.01% 578 $517K Add +16.1%
ETN Eaton Corp. PLC 0.01% 1,432 $512K Add +19.2%
IBTL iShares Ibonds Dec 2031 Term 0.01% 24,606 $502K No change
IBTH iShares Ibonds Dec 2027 Term 0.01% 22,261 $499K No change
JPIE JPMorgan Income ETF 0.01% 10,785 $497K New
CIFR Cipher Digital Inc. 0.01% 38,146 $491K No change
GDXJ Vaneck Junior Gold Miners 0.01% 4,023 $483K Add +55.8%
AMGN Amgen Inc. 0.01% 1,372 $483K Add +0.4%
DEC Diversified Energy Co. 0.01% 27,129 $473K No change
DEI Douglas Emmett Inc. 0.01% 50,000 $471K No change
LTM Latam Airlines Group SA-ADR 0.01% 9,522 $471K New
VNOM Viper Energy Inc. Class A 0.01% 10,000 $470K No change
PDD PDD Holdings Inc. 0.00% 4,526 $462K No change
AZN Astrazeneca PLC 0.00% 2,341 $462K No change
NVS Novartis AG-Sponsored ADR 0.00% 2,896 $442K Add +26.0%
ACWX iShares MSCI Acwi Ex US ETF 0.00% 6,331 $433K No change
FA First Advantage Corp. 0.00% 36,484 $429K No change
KSA Ishrs MSCI Saudi Arabia ETF 0.00% 10,699 $425K No change
ARGT Global X MSCI Argentina ETF 0.00% 4,552 $425K Add +31.4%
PFF iShares Preferred & Income S 0.00% 14,000 $424K No change
ERTH Invesco MSCI Sustainable Fut 0.00% 8,673 $411K Add +0.5%
TEN Tsakos Energy Navigation Ltd. 0.00% 10,407 $411K Reduce -18.0%
ICLN iShares Global Clean Energy 0.00% 22,250 $407K Reduce -5.7%
GLNG Golar LNG Ltd. 0.00% 7,345 $397K No change
ASHR Xtrackers Harvest Csi 300 CH 0.00% 11,594 $378K New
CRWD CrowdStrike Holdings Inc. Class A 0.00% 962 $376K Reduce -16.6%
DSTX Distillate International Fun 0.00% 11,000 $356K New
KVYO Klaviyo Inc. Class A 0.00% 18,300 $356K No change
ALAI Alger AI Enable & Adopt ETF 0.00% 10,693 $353K No change
CFR Cullen/Frost Bankers Inc. 0.00% 2,546 $349K Add +0.7%
NUE Nucor Corp. 0.00% 2,036 $344K No change
CAT Caterpillar Inc. 0.00% 475 $337K Reduce -23.5%
CNEQ Alger Concentrated Eqty ETF 0.00% 10,795 $336K No change
BP BP PLC-Spons ADR 0.00% 6,749 $317K Add +0.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 3,268 $315K Reduce -0.1%
HD Home Depot Inc. 0.00% 933 $307K Reduce -23.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 6,213 $303K Reduce -35.9%
MA Mastercard Inc. Class A 0.00% 597 $298K Reduce -21.6%
SHLD Global X Defense Tech ETF 0.00% 4,175 $296K New
INSW International Seaways Inc. 0.00% 4,047 $295K New
GD General Dynamics Corp. 0.00% 849 $291K New
SBLK Star Bulk Carriers Corp. 0.00% 12,668 $291K New
NLOP Net Lease Office Property 0.00% 25,215 $290K New
ZM Zoom Communications Inc. 0.00% 3,550 $285K No change
HFGM Unltd HFGM Global Macro ETF 0.00% 8,841 $283K New
FCG First Trust Natural Gas ETF 0.00% 8,792 $279K No change
VEEV Veeva Systems Inc. Class A 0.00% 1,581 $278K Add +28.2%
ARLP Alliance Resource Partners 0.00% 10,000 $277K No change
INDA iShares MSCI India ETF 0.00% 5,889 $276K Add +31.7%
RKT Rocket Cos Inc. Class A 0.00% 19,348 $276K Add +55.4%
CMCSA Comcast Corp. Class A 0.00% 9,549 $274K No change
MRNA Moderna Inc. 0.00% 5,366 $273K New
ITW Illinois Tool Works 0.00% 1,046 $272K No change
VGSH Vanguard Short-Term Treasury 0.00% 4,635 $271K Add +8.2%
AMAT Applied Materials Inc. 0.00% 787 $269K New
SMIN iShares MSCI India Small-Cap 0.00% 4,271 $256K Add +35.0%
SU Suncor Energy Inc. 0.00% 3,866 $256K New
LLYVK Liberty Live Holdings Class C 0.00% 2,715 $256K No change
EEM iShares MSCI Emerging Market 0.00% 4,498 $255K Reduce -65.2%
VGIT Vanguard Intermediate-Term T 0.00% 4,246 $253K Reduce -35.6%
RIO Rio Tinto PLC-Spon ADR 0.00% 2,700 $252K No change
APD Air Products & Chemicals Inc. 0.00% 856 $249K No change
SRRK Scholar Rock Holding Corp. 0.00% 5,000 $246K No change
EMR Emerson Electric Co. 0.00% 1,816 $238K No change
PPLT Abrdn Physical Platinum SHRS 0.00% 1,331 $237K No change
GSK GSK PLC-Spon ADR 0.00% 4,196 $232K No change
GWRE Guidewire Software Inc. 0.00% 1,528 $229K New
ADBE Adobe Inc. 0.00% 940 $228K No change
IAUX I-80 Gold Corp. 0.00% 148,573 $226K New
TGT Target Corp. 0.00% 1,830 $222K New
VST Vistra Corp. 0.00% 1,424 $214K New
INTC Intel Corp. 0.00% 4,785 $211K New
ARE Alexandria Real Estate Equit 0.00% 4,542 $211K Reduce -1.1%
XMMO Invesco S&P Midcap Momentum 0.00% 1,433 $208K New
HCC Warrior Met Coal Inc. 0.00% 2,226 $207K Reduce -50.0%
AMT American Tower Corp. 0.00% 1,196 $206K New
DES Wisdomtree US Smallcap Divid 0.00% 5,670 $204K New
GBDC Golub Capital BDC Inc. 0.00% 14,115 $179K Add +20.4%
WU Western Union Co. 0.00% 20,000 $175K Add +100.0%
RIG Transocean Ltd. 0.00% 24,679 $164K No change
ELPC Cia Paranaense DE Ener-ADR filed as COMPANHIA PARANAENSE DE ENER 0.00% 13,185 $157K New
FATE Fate Therapeutics Inc. 0.00% 125,000 $150K No change
SAN Banco Santander SA-Spon ADR 0.00% 11,627 $131K Reduce -15.8%
XBP XBP Global Holdings Inc. 0.00% 29,605 $130K Reduce -12.3%
OBDC Blue Owl Capital Corp. 0.00% 11,645 $129K No change
PEB Pebblebrook Hotel Trust 0.00% 10,000 $126K No change
AXIAY Axia Energia-ADR filed as CENTRAIS ELET BRAS SA 0.00% 10,783 $122K New
MAGN Magnera Corp. 0.00% 10,918 $104K New
FLL Full House Resorts Inc. filed as FULL HSE RESORTS INC 0.00% 46,098 $104K New
MFG Mizuho Financial Group-ADR 0.00% 10,110 $80K No change
AVAL Grupo Aval Acciones Y Valore 0.00% 17,986 $79K New
VOXR Vox Royalty Corp. 0.00% 11,257 $59K No change
BUR Burford Capital Ltd. 0.00% 12,985 $59K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $8K (not counted above)
SecurityClassShares / PrincipalValueChange
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 17,377$8KNo change

Total filed on the 13F, all lines: $9.4B.

Portfolio Sells Q4 2025 → Q1 2026
APO Apollo Global Management Inc. Reduce -0.1% 10.69% −2.19
AMD Advanced Micro Devices Reduce -96.3% 0.06% −1.55
CVNA Carvana Co. Reduce 0.0% 2.20% −0.54
MSFT Microsoft Corp. Reduce -3.5% 1.82% −0.46
OWL Blue Owl Capital Inc. Reduce -22.3% 0.34% −0.32
AVGO Broadcom Inc. Reduce -0.6% 5.15% −0.21
VIG Vanguard Dividend Apprec ETF Reduce -93.6% 0.01% −0.21
SUSL iShares ESG MSCI USA Leaders Sold out 0.00% −0.19
RBLX Roblox Corp. Class A Reduce -1.5% 0.40% −0.14
TSLA Tesla Inc. Reduce -59.1% 0.07% −0.12
HG Hamilton Insurance Grou Class B Sold out 0.00% −0.11
IBIT iShares Bitcoin Trust ETF Reduce -83.3% 0.02% −0.10
GOOG Alphabet Inc. Class C Reduce -1.7% 2.51% −0.08
AAPL Apple Inc. Reduce -24.5% 0.24% −0.08
LYFT LYFT Inc. Class A Reduce -89.9% 0.01% −0.08
BABA Alibaba Group Holding-SP ADR Reduce -68.6% 0.02% −0.06
SLV iShares Silver Trust Sold out 0.00% −0.06
HOOD Robinhood Markets Inc. Class A Reduce -7.8% 0.09% −0.06
AVDL Avadel Pharmaceuticals Ltd. Sold out 0.00% −0.05
TDG Transdigm Group Inc. Reduce -2.0% 0.49% −0.04
DVAX Dynavax Technologies Corp. Sold out 0.00% −0.04
UNH Unitedhealth Group Inc. Reduce -0.3% 0.29% −0.04
NU Nu Holdings Ltd./Cayman Isl-A Reduce -0.4% 0.36% −0.03
IAU iShares Gold Trust Reduce -17.9% 0.71% −0.03
IWF iShares Russell 1000 Growth Reduce -56.3% 0.02% −0.03
VGK Vanguard Ftse Europe ETF Sold out 0.00% −0.03
MELI MercadoLibre Inc. Sold out 0.00% −0.02
IONQ Ionq Inc. Sold out 0.00% −0.02
EMXC iShares MSCI Emr MRK Ex Chna Reduce -72.0% 0.01% −0.02
META Meta Platforms Inc. Class A Reduce -7.8% 0.13% −0.02
IWD iShares Russell 1000 Value E Reduce -55.6% 0.02% −0.02
QCOM Qualcomm Inc. Reduce -60.6% 0.01% −0.02
XLK SS Technology Select Sector Reduce -51.1% 0.02% −0.02
SCHW Schwab (charles) Corp. Reduce -22.6% 0.06% −0.02
CRCL Circle Internet Group Inc. Reduce -50.0% 0.03% −0.02
ORCL Oracle Corp. Reduce -1.0% 0.07% −0.02
EWY iShares MSCI South Korea ETF Sold out 0.00% −0.02
ICLR Icon PLC Reduce -0.7% 0.03% −0.01
PANW Palo Alto Networks Inc. Reduce -0.4% 0.19% −0.01
SIVR Abrdn Physical Silver Shares Sold out 0.00% −0.01
COF Capital One Financial Corp. Reduce -1.2% 0.05% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -8.6% 0.14% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -18.2% 0.06% −0.01
TMUS T-Mobile US Inc. Sold out 0.00% −0.01
SE Sea Ltd.-ADR Reduce -14.8% 0.02% −0.01
INDV Indivior Ltd. Sold out 0.00% −0.01
PLTR Palantir Technologies Inc. Class A Reduce -2.1% 0.06% −0.01
CACC Credit Acceptance Corp. Reduce -33.5% 0.02% −0.01
AM Antero Midstream Corp. Sold out 0.00% −0.01
EWJ iShares MSCI Japan ETF Reduce -43.0% 0.02% −0.01

Portfolio Buys Q4 2025 → Q1 2026
AMZN Amazon.com Inc. Add +44.3% 3.99% +1.15
GOOGL Alphabet Inc. Class A Add +11.5% 11.46% +1.10
IVV iShares Core S&P 500 ETF Add +3.5% 10.68% +0.66
BSV Vanguard Short-Term Bond ETF Add +86.9% 1.29% +0.65
ASML ASML Holding NV-NY Reg SHS Add +2273.9% 0.53% +0.52
AGG iShares Core U.S. Aggregate Add +18.5% 1.91% +0.41
HTRB Hartford TTL RTRN BND ETF New 0.29% +0.29
MDLN Medline Inc. Class A New 0.26% +0.26
IEFA iShares Core MSCI Eafe ETF Add +2.2% 1.70% +0.18
ALLW State Street Brgwtr All WTHR New 0.16% +0.16
VOO Vanguard S&P 500 ETF Add +1.3% 3.29% +0.13
VEA Vanguard Ftse Developed ETF Add +76.4% 0.23% +0.11
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +4.0% 1.09% +0.11
IWM iShares Russell 2000 ETF Add +3.8% 0.86% +0.10
DSI iShares ESG MSCI KLD 400 ETF Add +70.6% 0.21% +0.09
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +6.7% 0.67% +0.08
URTH iShares MSCI World ETF Add +6.3% 0.70% +0.07
JIRE JPMorgan Int Res Enh Eqty Add +12.1% 0.33% +0.06
SUNB Sunbelt Rentals Holdings Inc. New 0.05% +0.05
VTI VG Morningstar TS MKT ETF-US Add +6.5% 0.49% +0.04
LYB Lyondellbasell Indu Class A Add +1.7% 0.09% +0.04
ICF iShares Select U.S. REIT ETF Add +5.0% 0.30% +0.04
ZTS Zoetis Inc. New 0.04% +0.04
EFA iShares MSCI Eafe ETF Add +11.1% 0.23% +0.04
SLNO Soleno Therapeutics Inc. Add +187.6% 0.07% +0.04
JPST JPMorgan Ultra-Short Income New 0.04% +0.04
BTSG Brightspring Health Services Add +143.3% 0.04% +0.03
CVX Chevron Corp. Add +1.1% 0.08% +0.03
JAAA Janus Henderson Aaa Clo ETF New 0.03% +0.03
JTEK JPMorgan US Tech Leaders Add +208.5% 0.04% +0.02
HQ Horizon Quantum Holding Class A New 0.02% +0.02
BND Vanguard Total Bond Market Add +6.7% 0.17% +0.02
JPRE JPMorgan Realty Income ETF Add +4.3% 0.14% +0.02
SAP Sap SE-Sponsored ADR New 0.02% +0.02
LNG Cheniere Energy Inc. New 0.02% +0.02
XOM Exxon Mobil Corp. Add +3.0% 0.05% +0.02
TECH Bio-Techne Corp. Add +161.0% 0.03% +0.02
JBBB Janus Henderson B-BBB Clo Et New 0.02% +0.02
SHY iShares 1-3 Year Treasury Bo Add +10.4% 0.09% +0.01
TSLX Sixth Street Specialty Lendi Add +48.0% 0.04% +0.01
V Visa Inc. Class A Add +43.7% 0.04% +0.01
ASTS Ast Spacemobile Inc. Add +68.0% 0.02% +0.01
RSP Invesco S&P 500 Equal Weight Add +0.3% 0.12% +0.01
ITOT iShares Core S&P Total U.S. Add +5.2% 0.08% +0.01
CDE Coeur Mining Inc. New 0.01% +0.01
CRBN Ish Low Car Opt Ms Ac ETF-US Add +4.3% 0.07% +0.01
AIQ Global X Art Intel & Tech Add +11.4% 0.06% +0.01
DGRO iShares Core Dividend Growth Add +93.3% 0.01% +0.01
BBJP JPMorgan Betabuilders Japan New 0.01% +0.01
JPIE JPMorgan Income ETF New 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 409$6.9BIVV, APO, VOO, GOOGL, GOOG
Q1 2026 364$9.4BNVDA, GOOGL, APO, IVV, AVGO
Q4 2025 385$10.1BNVDA, APO, GOOGL, IVV, AVGO
Q3 2025 325$8.9BNVDA, APO, IVV, GOOGL, AVGO
Q2 2025 282$7.5BNVDA, APO, IVV, GOOGL, AVGO
Q1 2025 265$6.2BNVDA, APO, IVV, GOOGL, BX
Q4 2024 269$6.9BNVDA, APO, IVV, GOOGL, BX
Q3 2024 253$5.5BNVDA, APO, IVV, BX, CVNA
Q2 2024 258$5.2BNVDA, APO, IVV, BX, SPY
Q1 2024 269$4.6BNVDA, APO, IVV, BX, SPY