Northwestern Mutual Wealth Management Co.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Northwestern Mutual Wealth Management Co. reported 3,985 stock positions worth $158.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 14.7% of the portfolio, followed by Vanguard Total Bond Market (BND, 6.1%) and iShares Core S&P Midcap ETF (IJH, 5.2%). Compared with Q3 2025, it opened 515 new positions, sold out of 301, added to 1,832 and reduced 1,136. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +6%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- MILWAUKEE, WI
- CIK
- 0001141802
- Portfolio Value
- $158.1B (Q4 2025)
- SEC Filing
- 0001141802-26-000007 ↗ filed Feb 10, 2026
Holdings Value
Holdings 3,985 stocks · $158.1B
| IVV iShares Core S&P 500 ETF | 14.66% | 33,837,717 | $23.2B | Add +1.2% |
| BND Vanguard Total Bond Market | 6.13% | 130,902,798 | $9.7B | Add +3.4% |
| IJH iShares Core S&P Midcap ETF | 5.21% | 124,791,222 | $8.2B | Add +1.8% |
| SCHF Schwab Intl Equity ETF | 4.53% | 297,753,417 | $7.2B | Add +4.3% |
| IJR iShares Core S&P Small-Cap E | 3.23% | 42,562,587 | $5.1B | Add +0.6% |
| RSP Invesco S&P 500 Equal Weight | 3.18% | 26,252,217 | $5.0B | Add +3.8% |
| FBND Fidelity Total Bond ETF | 2.69% | 92,442,810 | $4.3B | Add +3.3% |
| VWO Vanguard Ftse Emerging Marke | 2.66% | 78,224,671 | $4.2B | Add +4.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.57% | 5,951,990 | $4.1B | Add +0.7% |
| VEA Vanguard Ftse Developed ETF | 2.44% | 61,886,335 | $3.9B | Add +6.5% |
| TLT iShares 20+ Year Treasury BD | 2.38% | 43,140,136 | $3.8B | Add +3.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.98% | 34,998,927 | $3.1B | Add +3.1% |
| VLUE iShares MSCI USA Value Facto | 1.97% | 22,746,544 | $3.1B | Add +2.6% |
| IQLT iShares MSCI International Q | 1.59% | 55,312,118 | $2.5B | Add +4.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.20% | 3,091,292 | $1.9B | Reduce -2.5% |
| VTEB Vanguard Tax-Exempt Bond ETF | 1.17% | 36,651,506 | $1.8B | Add +2.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.13% | 6,181,162 | $1.8B | Add +2.6% |
| VOO Vanguard S&P 500 ETF | 1.06% | 2,682,140 | $1.7B | Add +9.1% |
| DFIV Dimensional International Va | 0.93% | 29,462,953 | $1.5B | Add +9.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.84% | 28,622,754 | $1.3B | Add +8.8% |
| IEMG iShares Core MSCI Emerging | 0.78% | 18,337,027 | $1.2B | Reduce -0.3% |
| AGG iShares Core U.S. Aggregate | 0.78% | 12,278,036 | $1.2B | Add +3.5% |
| VNQ Vanguard Real Estate ETF | 0.67% | 11,994,193 | $1.1B | Add +9.4% |
| NVDA Nvidia Corp. | 0.66% | 5,596,751 | $1.0B | Add +1.4% |
| AAPL Apple Inc. | 0.64% | 3,708,731 | $1.0B | Reduce -1.2% |
| MSFT Microsoft Corp. | 0.62% | 2,015,858 | $974.9M | Add +3.8% |
| GSLC Goldman Activebeta US LC ETF | 0.59% | 7,077,759 | $936.9M | Add +4.1% |
| QQQM Invesco Nasdaq 100 ETF | 0.59% | 3,664,198 | $926.7M | Add +1.8% |
| MUB iShares National Muni Bond E | 0.57% | 8,431,113 | $903.1M | Add +4.0% |
| BIV Vanguard Intermediate-Term B | 0.55% | 11,227,638 | $874.4M | Add +13.3% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.55% | 2,761,156 | $869.2M | Add +0.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.54% | 1,751,624 | $854.5M | Reduce -1.4% |
| SCHX Schwab US Large-Cap ETF | 0.53% | 30,984,972 | $833.8M | Add +5.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.52% | 18,754,937 | $818.5M | Add +12.3% |
| AMZN Amazon.com Inc. | 0.51% | 3,512,910 | $810.8M | Add +4.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.49% | 4,093,400 | $781.8M | Add +5.9% |
| GOOGL Alphabet Inc. Class A | 0.46% | 2,336,106 | $731.2M | Reduce -0.3% |
| INTF iShares International Equity | 0.46% | 19,066,471 | $719.8M | Add +10.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.45% | 2,747,982 | $708.8M | Add +2.6% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.43% | 11,194,500 | $680.7M | Add +38.7% |
| IVLU iShares MSCI International V | 0.41% | 17,200,645 | $654.5M | Add +7.2% |
| CGGR Cap Group Growth Equity | 0.34% | 12,136,612 | $539.7M | Add +6.7% |
| IAU iShares Gold Trust | 0.34% | 6,595,990 | $535.4M | Add +18.3% |
| MDY State Street SPDR S&P Midcap | 0.32% | 830,031 | $500.7M | Add +5.3% |
| IWB iShares Russell 1000 ETF | 0.31% | 1,322,245 | $493.8M | Reduce -1.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.30% | 7,978,756 | $480.1M | Reduce -11.8% |
| VGT Vanguard Info Tech ETF | 0.30% | 632,525 | $476.8M | Add +0.7% |
| META Meta Platforms Inc. Class A | 0.28% | 671,491 | $443.2M | Add +2.3% |
| IEF iShares 7-10 Year Treasury B | 0.28% | 4,608,776 | $443.2M | Add +5.9% |
| QUAL iShares MSCI USA Quality Fac | 0.25% | 1,988,066 | $394.9M | Reduce -11.7% |
| SCHD Schwab US DVD Equity ETF | 0.24% | 14,050,361 | $385.4M | Reduce -9.7% |
| CGGO Cap Group Global Growth filed as CAPITAL GROUP GBL GROWTH EQT | 0.24% | 11,053,425 | $383.0M | Add +0.3% |
| DBEF Xtrackers MSCI Eafe Hedged E | 0.24% | 7,758,040 | $373.2M | Reduce -20.2% |
| JPM JPMorgan Chase & Co. | 0.23% | 1,118,266 | $360.3M | Add +1.5% |
| FENI Fidelity Enhanced Intl ETF | 0.22% | 9,715,353 | $355.4M | Add +22.2% |
| IOO iShares Global 100 ETF | 0.22% | 2,780,348 | $352.2M | Reduce -1.7% |
| VIG Vanguard Dividend Apprec ETF | 0.22% | 1,576,329 | $346.4M | Reduce -2.9% |
| SCHG Schwab US Large-Cap Growth | 0.22% | 10,572,063 | $344.9M | Add +5.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.22% | 4,729,976 | $343.8M | Add +1.0% |
| FMDE Fidelity Enhanced Mid Cap Co. | 0.21% | 9,191,224 | $334.4M | Add +32.1% |
| GOOG Alphabet Inc. Class C | 0.21% | 1,064,358 | $334.0M | Reduce -8.6% |
| SCHM Schwab US Mid Cap ETF | 0.21% | 10,932,629 | $328.7M | Add +4.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.21% | 4,096,080 | $328.6M | Add +8.2% |
| VT Vanguard Tot World STK ETF | 0.21% | 2,310,259 | $325.9M | Reduce -1.3% |
| IWF iShares Russell 1000 Growth | 0.20% | 666,557 | $315.5M | Reduce -2.1% |
| VFLO Victoryshares Free Cash Flow | 0.18% | 7,399,957 | $291.4M | Add +9.8% |
| AVEM Avantis Emerging Markets Eq | 0.18% | 3,628,408 | $279.5M | Add +29.5% |
| EZU iShares MSCI Eurozone ETF | 0.18% | 4,329,621 | $277.5M | Reduce -3.5% |
| AVGO Broadcom Inc. | 0.17% | 789,255 | $273.2M | Add +0.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.17% | 6,032,995 | $272.8M | Reduce -0.1% |
| AVDE Avantis International Equity | 0.16% | 3,162,431 | $260.3M | Add +17.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 761,488 | $255.3M | Reduce -11.3% |
| LLY Eli Lilly & Co. | 0.16% | 234,467 | $252.0M | Add +0.5% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.16% | 902,235 | $251.8M | Add +22.1% |
| TFI SS SPDR N Ice Muni Bond ETF | 0.15% | 5,340,865 | $244.1M | Add +2.2% |
| EFA iShares MSCI Eafe ETF | 0.15% | 2,499,226 | $240.0M | Add +1.6% |
| AVUV Avantis US Small Cap Value | 0.15% | 2,313,192 | $235.9M | Add +3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 447,406 | $224.9M | Reduce -4.9% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.14% | 7,587,943 | $224.2M | Add +3.5% |
| JMUB JPMorgan Municipal ETF | 0.13% | 4,159,706 | $210.1M | Add +29.6% |
| PVAL Putnam Focused LRG Cap Value | 0.13% | 4,603,577 | $209.8M | Add +9.8% |
| IVW iShares S&P 500 Growth ETF | 0.13% | 1,697,013 | $209.2M | Add +1.1% |
| CGMU Cap Group Municipal Income | 0.13% | 7,596,372 | $208.0M | Add +15.1% |
| JPST JPMorgan Ultra-Short Income | 0.13% | 4,013,417 | $203.0M | Reduce -19.9% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.13% | 3,973,128 | $202.4M | Add +5.1% |
| ITM Vaneck Intermediate Muni ETF | 0.13% | 4,239,352 | $199.9M | Add +10.3% |
| SMH Vaneck Semiconductor ETF | 0.12% | 548,017 | $197.4M | Add +4.1% |
| GLD SPDR Gold Shares | 0.12% | 487,961 | $193.4M | Add +6.2% |
| IWP iShares Russell Mid-Cap Grow | 0.12% | 1,404,920 | $192.4M | Add +5.8% |
| V Visa Inc. Class A | 0.12% | 545,086 | $191.2M | Add +4.1% |
| RDVY First Trust Rising Dividend | 0.12% | 2,717,559 | $188.8M | Reduce -3.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.11% | 2,243,553 | $178.9M | Add +18.8% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.11% | 4,324,780 | $174.0M | Add +4.3% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.11% | 979,350 | $173.7M | Add +8.0% |
| SPHQ Invesco S&P 500 Quality ETF | 0.11% | 2,308,323 | $173.2M | Add +1.7% |
| JEPI JPMorgan Equity Premium Inco | 0.11% | 3,003,765 | $171.9M | Add +2.5% |
| DGRO iShares Core Dividend Growth | 0.10% | 2,374,253 | $164.8M | Add +3.2% |
| SPMO Invesco S&P 500 Momentum ETF | 0.10% | 1,376,905 | $164.3M | Add +25.2% |
| SPEM State Street SP PTF Em ETF | 0.10% | 3,509,215 | $164.3M | Add +0.2% |
| COST Costco Wholesale Corp. | 0.10% | 186,435 | $160.8M | Reduce -1.8% |
Other holdings (21): bonds, preferreds, convertibles and warrants · $284K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 57 | $71K | No change |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 2,000 | $50K | Reduce -7.4% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,489 | $48K | Add +16.4% |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 13,052 | $35K | Add +15.5% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 23 | $28K | Reduce -30.3% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 274 | $21K | Reduce -7.7% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 500 | $20K | No change |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 59 | $3K | Reduce -44.9% |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 408 | $3K | New |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 2,962 | $3K | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | 125 | $2K | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 88 | $264 | Reduce -9.2% |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 375 | $188 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 1 | $100 | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 37 | $33 | New |
| BRISTOL MYERS - CELGENE CVR | RIGHT 12/30/2030 | 341 | $24 | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 37 | $19 | New |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 37 | $15 | New |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | 1 | $2 | New |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 1 | $2 | New |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 3 | $0 | New |
Total filed on the 13F, all lines: $158.1B.
Portfolio Sells Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -2.5% | 1.20% | −0.07 |
| DBEF Xtrackers MSCI Eafe Hedged E | Reduce -20.2% | 0.24% | −0.06 |
| FISV Fiserv Inc. | Reduce -93.4% | 0.00% | −0.06 |
| LYFT LYFT Inc. Class A | Reduce -98.6% | 0.00% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -63.6% | 0.02% | −0.05 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -11.8% | 0.30% | −0.04 |
| QUAL iShares MSCI USA Quality Fac | Reduce -11.7% | 0.25% | −0.04 |
| JPST JPMorgan Ultra-Short Income | Reduce -19.9% | 0.13% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Reduce -9.7% | 0.24% | −0.04 |
| AZO AutoZone Inc. | Reduce -70.5% | 0.01% | −0.04 |
| TSPA T Rowe Price US Eqy Research | Reduce -65.0% | 0.02% | −0.03 |
| IEMG iShares Core MSCI Emerging | Reduce -0.3% | 0.78% | −0.03 |
| NTNX Nutanix Inc. Class A | Reduce -98.5% | 0.00% | −0.03 |
| ZTS Zoetis Inc. | Reduce -79.8% | 0.01% | −0.03 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.4% | 0.54% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -11.3% | 0.16% | −0.03 |
| CSX CSX Corp. | Reduce -72.3% | 0.01% | −0.03 |
| IUSG iShares Core S&P U.S. Growth | Reduce -42.9% | 0.03% | −0.02 |
| HD Home Depot Inc. | Reduce -2.7% | 0.08% | −0.02 |
| CARR Carrier Global Corp. | Reduce -94.1% | 0.00% | −0.02 |
| TREX Trex Company Inc. | Reduce -99.1% | 0.00% | −0.02 |
| GCOW Pacer Global Cash Cows Divid | Reduce -20.7% | 0.06% | −0.02 |
| NOW ServiceNow Inc. | Reduce -5.4% | 0.05% | −0.02 |
| JQUA JPMorgan US Quality Factor | Reduce -18.6% | 0.05% | −0.02 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -10.7% | 0.08% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.8% | 0.10% | −0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.9% | 0.14% | −0.02 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -56.4% | 0.01% | −0.02 |
| XLG Invesco S&P 500 Top 50 ETF | Reduce -23.1% | 0.05% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -2.9% | 0.22% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -6.8% | 0.10% | −0.01 |
| NFLX Netflix Inc. | Reduce -5.4% | 0.03% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -1.1% | 0.31% | −0.01 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -34.1% | 0.02% | −0.01 |
| IWF iShares Russell 1000 Growth | Reduce -2.1% | 0.20% | −0.01 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.01 |
| IBHG iShares Ibonds 2027 HY Inc. | Reduce -92.3% | 0.00% | −0.01 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.01 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -11.3% | 0.07% | −0.01 |
| RWR SS SPDR Dow Jones REIT ETF | Reduce -49.5% | 0.01% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -34.3% | 0.02% | −0.01 |
| EZU iShares MSCI Eurozone ETF | Reduce -3.5% | 0.18% | −0.01 |
| VXF Vanguard Extended Market ETF | Reduce -14.3% | 0.04% | −0.01 |
| VT Vanguard Tot World STK ETF | Reduce -1.3% | 0.21% | −0.01 |
| SGOV iShares 0-3 Month Treasury B | Reduce -5.7% | 0.07% | −0.01 |
| AVUS Avantis U.S. Equity ETF | Reduce -13.7% | 0.04% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -5.9% | 0.09% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -4.2% | 0.08% | −0.01 |
| BDYN iShares DYN Act ETF | Reduce -8.1% | 0.05% | −0.01 |
| SPOT Spotify Technology SA | Reduce -18.1% | 0.01% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| VEA Vanguard Ftse Developed ETF | Add +6.5% | 2.44% | +0.12 |
| VLUE iShares MSCI USA Value Facto | Add +2.6% | 1.97% | +0.12 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +38.7% | 0.43% | +0.11 |
| DFIV Dimensional International Va | Add +9.6% | 0.93% | +0.10 |
| SCHF Schwab Intl Equity ETF | Add +4.3% | 4.53% | +0.10 |
| IAU iShares Gold Trust | Add +18.3% | 0.34% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +9.1% | 1.06% | +0.06 |
| CGDV Cap Group Dividend Value | Add +12.3% | 0.52% | +0.05 |
| FMDE Fidelity Enhanced Mid Cap Co. | Add +32.1% | 0.21% | +0.04 |
| INTF iShares International Equity | Add +10.6% | 0.46% | +0.04 |
| BPRE Bluerock Private Real Estate | New | 0.04% | +0.04 |
| LLY Eli Lilly & Co. | Add +0.5% | 0.16% | +0.04 |
| HFSI Hartfor Strateg Income ETF-U | New | 0.04% | +0.04 |
| FENI Fidelity Enhanced Intl ETF | Add +22.2% | 0.22% | +0.04 |
| QGRO American Century US Quality | Add +202.2% | 0.06% | +0.04 |
| BIV Vanguard Intermediate-Term B | Add +13.3% | 0.55% | +0.04 |
| AVEM Avantis Emerging Markets Eq | Add +29.5% | 0.18% | +0.04 |
| DKNG Draftkings Inc. Class A | Add +2071.4% | 0.04% | +0.04 |
| IVLU iShares MSCI International V | Add +7.2% | 0.41% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +49.1% | 0.10% | +0.03 |
| BCTK Baron Technology ETF | New | 0.03% | +0.03 |
| NRG NRG Energy Inc. | Add +4522.3% | 0.03% | +0.03 |
| ITA iShares U.S. Aerospace & Def | Add +121.6% | 0.06% | +0.03 |
| IQLT iShares MSCI International Q | Add +4.3% | 1.59% | +0.03 |
| ARTY iShares Future AI & Tech ETF | Add +73.6% | 0.06% | +0.03 |
| PNR Pentair PLC | Add +1985.2% | 0.03% | +0.03 |
| MTZ Mastec Inc. | Add +26225.2% | 0.03% | +0.03 |
| JMUB JPMorgan Municipal ETF | Add +29.6% | 0.13% | +0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +8.8% | 0.84% | +0.02 |
| THRO iShares U.S. Thematic Rotati | Add +63.1% | 0.06% | +0.02 |
| KEYS Keysight Technologies Inc. | Add +8973.4% | 0.02% | +0.02 |
| AVDE Avantis International Equity | Add +17.0% | 0.16% | +0.02 |
| TOST Toast Inc. Class A | Add +1925.3% | 0.02% | +0.02 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +102.0% | 0.04% | +0.02 |
| AMZN Amazon.com Inc. | Add +4.3% | 0.51% | +0.02 |
| IXUS iShares Core Intl Stock ETF | Add +157.4% | 0.03% | +0.02 |
| PYLD PIMCO Multisector Bond Actv | Add +167.1% | 0.03% | +0.02 |
| BINC iShares Flex I A ETF-Usd Inc. | Add +92.4% | 0.04% | +0.02 |
| ETN Eaton Corp. PLC | Add +138.1% | 0.04% | +0.02 |
| CGCV Cap Group Conservative Eq | Add +502.1% | 0.02% | +0.02 |
| SLV iShares Silver Trust | Add +58.8% | 0.03% | +0.02 |
| FESM Fidelity Enhanced Small Cap | Add +30.2% | 0.08% | +0.02 |
| SE Sea Ltd.-ADR | Add +969.6% | 0.02% | +0.02 |
| GAP The Gap Inc. | Add +5635.2% | 0.02% | +0.02 |
| EFV iShares MSCI Eafe Value ETF | Add +21.1% | 0.09% | +0.02 |
| VFLO Victoryshares Free Cash Flow | Add +9.8% | 0.18% | +0.02 |
| AIQ Global X Art Intel & Tech | Add +46.1% | 0.05% | +0.02 |
| SPMO Invesco S&P 500 Momentum ETF | Add +25.2% | 0.10% | +0.02 |
| LRCX Lam Research Corp. | Add +2.1% | 0.08% | +0.01 |
| TRFK Pacer Data and Digital Rev | New | 0.01% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -7.4% | 2,000 | $50K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +16.4% | 2,489 | $48K |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Add +15.5% | 13,052 | $35K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -30.3% | 23 | $28K |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -7.7% | 274 | $21K |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 70 | $5Kbefore exit |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | Sold out | 111 | $4Kbefore exit |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -44.9% | 59 | $3K |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | New | 408 | $3K |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Sold out | 57 | $3Kbefore exit |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Sold out | 29 | $2Kbefore exit |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Sold out | 12 | $853before exit |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 9,212 | $719before exit |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | Sold out | 10,993 | $649before exit |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | Reduce -9.2% | 88 | $264 |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Sold out | 4,464 | $85before exit |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 37 | $33 |
| RBOT.WS Vicarious Surgical Inc.-CW27 | *W EXP 09/17/202 | Sold out | 1,000 | $20before exit |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 37 | $19 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 37 | $15 |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | New | 1 | $2 |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | New | 1 | $2 |
| FLYX Flyexclusive Inc. | COM CL A | New | 0 | $0 |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | New | 3 | $0 |
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 | 4,060 | $187.2B | IVV, BND, IJH, SCHF, IJR |
| Q1 2026 | 4,088 | $162.4B | IVV, BND, IJH, SCHF, IJR |
| Q4 2025Amended | 3,985 | $158.1B | IVV, BND, IJH, SCHF, IJR |
| Q3 2025 | 3,767 | $150.0B | IVV, BND, IJH, SCHF, IJR |
| Q2 2025 | 3,638 | $137.2B | IVV, BND, IJH, SCHF, IJR |
| Q1 2025 | 3,629 | $122.3B | IVV, BND, SCHF, IJH, IJR |
| Q4 2024 | 3,571 | $118.5B | IVV, BND, IJH, SCHF, IJR |
| Q3 2024 | 3,568 | $112.6B | IVV, BND, IJH, SCHF, IJR |
| Q2 2024 | 3,470 | $101.4B | IVV, BND, IJH, SCHF, IJR |
| Q1 2024 | 3,541 | $97.3B | IVV, BND, IJH, SCHF, IJR |