Obermeyer Wealth Partners

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 5, 2024), Obermeyer Wealth Partners reported 257 stock positions worth $1.9 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 6.0% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 5.5%) and Microsoft (MSFT, 5.0%). Compared with Q2 2024, it opened 28 new positions, sold out of 15, added to 68 and reduced 82. The biggest buy was a new position in Janus Henderson Aaa Clo ETF (JAAA) and the biggest sale iShares 1-5Y Inv Grade (IGSB, shares −98%).

Most Recent 13F
Q2 2026
Location
ASPEN, CO
CIK
0001349654
Portfolio Value
$1.9B (Q3 2024)
SEC Filing
0001085146-24-005376 ↗ filed Nov 5, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.7B Q2 2024 Q3 2024: $1.9B $1.9B Q3 2024 Q4 2024: $1.9B Q4 2024 Q1 2025: $1.9B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.1B Q3 2025 Q4 2025: $2.2B Q4 2025 Q1 2026: $2.2B Q1 2026 Q2 2026: $2.4B Q2 2026

Holdings 257 stocks · $1.9B
BRK.B Berkshire Hathaway Inc. Class B 5.97% 242,233 $111.5M Reduce -1.9%
QUAL iShares MSCI USA Quality Fac 5.49% 572,102 $102.6M Reduce -11.4%
MSFT Microsoft Corp. 4.99% 216,676 $93.2M Reduce -2.1%
AAPL Apple Inc. 4.61% 369,159 $86.0M Reduce -1.5%
MOAT Vaneck Morningstar Wide Moat 4.26% 820,877 $79.6M Add +2.5%
VOO Vanguard S&P 500 ETF 3.81% 134,821 $71.1M Add +9.1%
GOOG Alphabet Inc. Class C 3.61% 402,983 $67.4M Reduce -2.6%
MA Mastercard Inc. Class A 3.49% 131,914 $65.1M Reduce -2.3%
AMZN Amazon.com Inc. 2.77% 277,874 $51.8M Reduce -2.5%
TSM Taiwan Semiconductor-SP ADR 2.71% 291,282 $50.6M Reduce -3.3%
UNH Unitedhealth Group Inc. 2.68% 85,669 $50.1M Reduce -2.4%
META Meta Platforms Inc. Class A 2.59% 84,553 $48.4M Reduce -3.5%
NVR NVR Inc. 2.32% 4,410 $43.3M Reduce -6.1%
NVDA Nvidia Corp. 2.09% 320,897 $39.0M Add +109.3%
HD Home Depot Inc. 2.04% 94,165 $38.2M Reduce -3.9%
AON Aon PLC Class A 2.04% 110,164 $38.1M Reduce -2.2%
AVGO Broadcom Inc. 1.97% 213,273 $36.8M Reduce -1.5%
RTX RTX Corp. 1.83% 282,755 $34.3M Reduce -1.9%
SPSM SS SPDR P S&P 600 Small Cap 1.72% 704,528 $32.1M Reduce -6.2%
WMT Walmart Inc. 1.61% 371,371 $30.0M Reduce -2.4%
ORCL Oracle Corp. 1.60% 175,881 $30.0M Reduce -5.6%
VTI VG Morningstar TS MKT ETF-US 1.51% 99,352 $28.1M Add +4.6%
JAAA Janus Henderson Aaa Clo ETF 1.43% 523,181 $26.6M New
ASML ASML Holding NV-NY Reg SHS 1.42% 31,734 $26.4M Reduce -1.4%
UNP Union Pacific Corp. 1.41% 107,058 $26.4M Reduce -2.4%
CB Chubb Ltd. 1.36% 88,166 $25.4M Add +811.8%
CME Cme Group Inc. 1.35% 114,659 $25.3M Reduce -0.7%
SAP Sap SE-Sponsored ADR 1.33% 108,619 $24.9M New
PG The Procter & Gamble Co. 1.30% 139,935 $24.2M Reduce -3.2%
JNJ Johnson & Johnson 1.29% 149,062 $24.2M Reduce -4.9%
LMT Lockheed Martin Corp. 1.29% 41,103 $24.0M Reduce -43.7%
TXN Texas Instruments Inc. 1.26% 114,285 $23.6M Reduce -2.7%
CMCSA Comcast Corp. Class A 1.18% 527,663 $22.0M Reduce -1.9%
MRK Merck & Co. Inc. 1.10% 180,767 $20.5M Reduce -1.6%
CVX Chevron Corp. 0.95% 120,383 $17.7M Reduce -4.6%
XOM Exxon Mobil Corp. 0.95% 150,829 $17.7M Reduce -1.0%
QQQ Invesco QQQ Trust Series 1 0.90% 34,353 $16.8M Add +0.3%
LMBS First Trust Low Duration Opp 0.74% 279,508 $13.8M Reduce -5.5%
NVO Novo-Nordisk A/S-Spons ADR 0.73% 114,884 $13.7M Add +5.7%
LLY Eli Lilly & Co. 0.71% 14,908 $13.2M Add +0.0%
DE Deere & Co. 0.70% 31,106 $13.0M Reduce -1.4%
BRK.A Berkshire Hathaway Inc. Class A 0.60% 18 $11.2M Reduce -5.3%
TBIL F/M US Treasury 3 Month Bill 0.52% 195,672 $9.8M Add +29.6%
VEA Vanguard Ftse Developed ETF 0.43% 152,156 $8.0M Add +2.6%
VCSH Vanguard S/T Corp. Bond ETF 0.42% 99,076 $7.9M Reduce -2.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 13,405 $7.7M Add +3.7%
JPM JPMorgan Chase & Co. 0.38% 33,978 $7.2M Reduce -0.4%
GOOGL Alphabet Inc. Class A 0.32% 36,363 $6.0M Add +0.9%
V Visa Inc. Class A 0.32% 21,565 $5.9M Add +7.8%
LOW Lowe's Cos Inc. 0.28% 19,018 $5.2M Reduce -3.1%
SCTXX Schwab Amt Tax FR MNY-Ultra 0.26% 4,878,000 $4.9M Add +30.3%
ABBV Abbvie Inc. 0.20% 18,701 $3.7M Add +1.4%
GLD SPDR Gold Shares 0.18% 13,797 $3.4M Add +18.5%
ARCC Ares Capital Corp. 0.17% 156,015 $3.3M Add +3.7%
IEV iShares Europe ETF 0.17% 55,000 $3.2M Reduce -8.3%
ETN Eaton Corp. PLC 0.17% 9,341 $3.1M Reduce -12.6%
WM Waste Management Inc. 0.15% 13,648 $2.8M Add +0.7%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.15% 10,504 $2.8M No change
ABT Abbott Laboratories 0.14% 23,486 $2.7M Reduce -89.2%
WSO Watsco Inc. 0.14% 5,377 $2.6M Add +0.5%
IVV iShares Core S&P 500 ETF 0.14% 4,559 $2.6M Add +1.6%
OWL Blue Owl Capital Inc. 0.14% 131,230 $2.5M Reduce -21.2%
CI The Cigna Group 0.13% 7,059 $2.4M Add +0.5%
CNQ Canadian Natural Resources 0.13% 70,335 $2.3M Add +19.0%
ACN Accenture PLC Class A 0.12% 6,601 $2.3M Add +0.6%
KO The Coca-Cola Co. 0.12% 31,801 $2.3M Reduce -2.2%
VYM Vanguard High DVD Yield ETF 0.12% 17,629 $2.3M No change
ADI Analog Devices Inc. 0.12% 9,571 $2.2M Reduce -4.0%
COST Costco Wholesale Corp. 0.12% 2,475 $2.2M Add +0.6%
MCD McDonald's Corp. 0.11% 7,000 $2.1M Reduce -18.4%
SYY Sysco Corp. 0.11% 27,221 $2.1M Add +0.7%
OBDC Blue Owl Capital Corp. 0.11% 144,023 $2.1M Add +16.9%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.11% 61,780 $2.1M Reduce -1.2%
SHW The Sherwin-Williams Co. 0.11% 5,315 $2.0M New
IJR iShares Core S&P Small-Cap E 0.11% 17,009 $2.0M Add +0.5%
MCHP Microchip Technology Inc. 0.10% 23,595 $1.9M Add +0.7%
CAT Caterpillar Inc. 0.10% 4,821 $1.9M Add +1.6%
AXP American Express Co. 0.10% 6,793 $1.8M Reduce -8.7%
IDXX Idexx Laboratories Inc. 0.09% 3,335 $1.7M Reduce -2.5%
DFAC Dimensional US Core Equity 2 0.09% 48,608 $1.7M Add +71.1%
BEPC Brookfield Renewable Cor-A 0.09% 49,729 $1.6M Reduce -0.8%
EPD Enterprise Products Partners 0.09% 55,295 $1.6M Reduce -2.3%
CTVA Corteva Inc. 0.09% 27,193 $1.6M Reduce -0.3%
MSI Motorola Solutions Inc. 0.08% 3,398 $1.5M No change
CRM Salesforce Inc. 0.08% 5,565 $1.5M Reduce -2.6%
DHI D.R. Horton Inc. 0.08% 7,905 $1.5M No change
AMAT Applied Materials Inc. 0.08% 7,017 $1.4M Reduce -1.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 11,861 $1.4M Add +0.4%
ETV Eaton Vance T/M Buy-Writ Opp 0.07% 100,812 $1.4M Add +2.5%
BTI British American Tob-SP ADR 0.07% 37,500 $1.4M Add +50.0%
AMGN Amgen Inc. 0.07% 4,232 $1.4M Add +2.3%
MPLX MPLX LP 0.07% 29,681 $1.3M No change
IWM iShares Russell 2000 ETF 0.07% 5,937 $1.3M Reduce -7.6%
SHEL Shell PLC-ADR 0.07% 19,322 $1.3M Add +14.9%
EEM iShares MSCI Emerging Market 0.06% 26,238 $1.2M No change
LYB Lyondellbasell Indu Class A 0.06% 12,052 $1.2M No change
PBR.A Petroleo Brasil-SP Pref ADR 0.06% 87,112 $1.1M Add +1.8%
NXPI NXP Semiconductors NV 0.06% 4,742 $1.1M New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.06% 11,733 $1.1M Reduce -5.2%
DOV Dover Corp. 0.06% 5,873 $1.1M No change
EQIX Equinix Inc. 0.06% 1,251 $1.1M Reduce -0.2%
DD Dupont DE Nemours Inc. 0.06% 12,321 $1.1M Reduce -0.3%
IWF iShares Russell 1000 Growth 0.06% 2,910 $1.1M Reduce -6.4%
APD Air Products & Chemicals Inc. 0.06% 3,531 $1.1M Reduce -1.9%
RSP Invesco S&P 500 Equal Weight 0.05% 5,544 $993K New
RY Royal Bank of Canada 0.05% 7,611 $949K No change
AER Aercap Holdings NV 0.05% 10,000 $947K No change
CCI Crown Castle Inc. 0.05% 7,973 $946K Reduce -2.2%
PFE Pfizer Inc. 0.05% 32,099 $929K Reduce -1.9%
MRVL Marvell Technology Inc. 0.05% 12,749 $919K No change
IWR iShares Russell Mid-Cap ETF 0.05% 10,303 $908K No change
ADBE Adobe Inc. 0.05% 1,662 $861K Reduce -1.2%
TMO Thermo Fisher Scientific Inc. 0.04% 1,352 $836K No change
PEP Pepsico Inc. 0.04% 4,833 $822K Add +28.4%
PFG Principal Financial Group 0.04% 9,511 $817K No change
RWJ Invesco S&P Smallcap 600 0.04% 17,685 $808K Add +0.1%
ADP Automatic Data Processing 0.04% 2,903 $803K Add +0.9%
VZ Verizon Communications Inc. 0.04% 17,368 $780K Reduce -11.2%
WEC WEC Energy Group Inc. 0.04% 8,103 $779K No change
WFC Wells Fargo & Co. 0.04% 13,770 $778K No change
KKR KKR & Co. Inc. 0.04% 5,956 $778K Reduce -16.0%
SPGI S&P Global Inc. 0.04% 1,463 $756K No change
RWL Invesco S&P 500 Revenue ETF 0.04% 7,362 $722K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.04% 4,060 $709K No change
WPC WP Carey Inc. 0.04% 10,881 $678K No change
ET Energy Transfer LP 0.04% 41,959 $673K No change
MDY State Street SPDR S&P Midcap 0.04% 1,146 $653K No change
STIP iShares 0-5 Year Tips Bond E 0.03% 6,441 $653K Reduce -7.4%
DOW Dow Inc. 0.03% 11,887 $649K No change
MDLZ Mondelez International Inc. Class A 0.03% 8,737 $644K Reduce -1.4%
PBR Petroleo Brasileiro-Spon ADR 0.03% 44,550 $642K No change
EMR Emerson Electric Co. 0.03% 5,862 $641K Add +12.3%
VB Vanguard Most SM-Cap ETF-Usd 0.03% 2,656 $630K Add +20.4%
XLK SS Technology Select Sector 0.03% 2,752 $621K Reduce -14.4%
BLK BlackRock Finance Inc. 0.03% 639 $607K Reduce -2.0%
COR Cencora Inc. 0.03% 2,666 $600K No change
APO Apollo Global Management Inc. 0.03% 4,779 $597K No change
ALL Allstate Corp. 0.03% 3,100 $588K No change
GRBK Green Brick Partners Inc. 0.03% 6,975 $583K No change
IWD iShares Russell 1000 Value E 0.03% 3,066 $582K Reduce -9.7%
WELL Welltower Inc. 0.03% 4,457 $571K No change
VWO Vanguard Ftse Emerging Marke 0.03% 11,837 $566K Add +31.1%
SOXX iShares Semiconductor ETF 0.03% 2,406 $555K No change
FISV Fiserv Inc. 0.03% 3,081 $553K No change
MDT Medtronic PLC 0.03% 6,146 $553K Reduce -9.8%
CL Colgate-Palmolive Co. 0.03% 5,315 $552K Reduce -5.8%
HSY The Hershey Co. 0.03% 2,860 $549K Add +13.9%
JAVA JPMorgan Active Value ETF 0.03% 8,372 $536K No change
SPGP Invesco S&P 500 Garp ETF 0.03% 5,068 $530K Add +0.3%
BMY Bristol-Myers Squibb Co. 0.03% 10,187 $527K Reduce -2.4%
VGT Vanguard Info Tech ETF 0.03% 885 $519K New
PANW Palo Alto Networks Inc. 0.03% 1,511 $516K Add +8.1%
SPIB SS SPDR P Int C Corp. ETF 0.03% 14,960 $504K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 1,737 $489K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.03% 4,376 $477K Add +1.2%
GLW Corning Inc. 0.03% 10,534 $476K No change
SRE Sempra 0.03% 5,621 $470K Reduce -45.3%
STZ Constellation Brands Inc. Class A 0.03% 1,819 $469K No change
NFLX Netflix Inc. 0.03% 659 $467K Add +5.8%
BNL Broadstone Net Lease Inc. 0.02% 24,400 $462K No change
SLV iShares Silver Trust 0.02% 16,062 $456K No change
AWK American Water Works Co. Inc. 0.02% 3,116 $456K No change
TGT Target Corp. 0.02% 2,863 $446K Add +1.4%
DHR Danaher Corp. 0.02% 1,602 $445K Add +18.5%
XLE SS Energy Select Sector 0.02% 5,016 $440K Add +1.8%
INTU Intuit Inc. 0.02% 709 $440K No change
BX Blackstone Inc. 0.02% 2,850 $436K Add +15.8%
SNPS Synopsys Inc. 0.02% 859 $435K No change
SYLD Cambria Shareholder Yield Et 0.02% 5,992 $434K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 10,805 $429K Reduce -16.6%
CSCO Cisco Systems Inc. 0.02% 7,976 $424K Add +3.1%
TEL Te Connectivity PLC 0.02% 2,777 $419K No change
PIPR Piper Sandler Cos 0.02% 1,469 $417K No change
LIN Linde PLC 0.02% 874 $417K No change
PM Philip Morris International 0.02% 3,416 $415K Add +2.0%
SBUX Starbucks Corp. 0.02% 4,249 $414K Add +46.8%
NKE Nike Inc. Class B 0.02% 4,638 $410K Reduce -4.0%
BIL SS SPDR BB 1-3M T-Bill ETF 0.02% 4,400 $404K No change
SHOP Shopify Inc. Class A 0.02% 4,930 $395K Add +4.2%
DVY iShares Select Dividend ETF 0.02% 2,819 $381K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 7,142 $376K Reduce -98.4%
PSX Phillips 66 0.02% 2,851 $375K Reduce -2.0%
BLDR Builders Firstsource Inc. 0.02% 1,920 $372K No change
FND Floor & Decor Holdings Inc. Class A 0.02% 2,925 $363K No change
OXY Occidental Petroleum Corp. 0.02% 6,940 $358K No change
SCHD Schwab US DVD Equity ETF 0.02% 4,223 $357K No change
HON Honeywell International Inc. 0.02% 1,724 $356K Add +2.6%
VCIT Vanguard Int-Term Corporate 0.02% 4,246 $356K Add +15.2%
ICLN iShares Global Clean Energy 0.02% 23,770 $349K No change
IEFA iShares Core MSCI Eafe ETF 0.02% 4,390 $343K Reduce -15.3%
DKNG Draftkings Inc. Class A 0.02% 8,633 $338K No change
CIBR First Trust Nasdaq Cybersecu 0.02% 5,682 $337K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.02% 873 $335K Reduce -7.2%
SCHW Schwab (charles) Corp. 0.02% 5,111 $331K No change
ONON On Holding AG Class A filed as ON HLDG AG 0.02% 6,500 $326K No change
IGIB iShares 5-10Y Inv Grade Corp. 0.02% 5,960 $320K Reduce -7.0%
ZTS Zoetis Inc. 0.02% 1,632 $319K Reduce -7.6%
TSLA Tesla Inc. 0.02% 1,217 $318K Add +3.0%
FDX FedEx Corp. 0.02% 1,157 $317K No change
INVH Invitation Homes Inc. 0.02% 8,961 $316K No change
DFAX Dimensional World Ex US Core 0.02% 11,676 $315K New
DOCU Docusign Inc. 0.02% 5,000 $310K No change
A Agilent Technologies Inc. 0.02% 2,010 $298K No change
XAR SS SPDR S&P Aerospace Def 0.02% 1,885 $297K No change
NSC Norfolk Southern Corp. 0.02% 1,187 $295K No change
CBRE CBRE Group Inc. Class A 0.02% 2,366 $295K No change
UPS United Parcel Service Class B 0.02% 2,148 $293K Add +1.1%
KR Kroger Co. 0.02% 5,045 $289K Add +8.9%
BFAM Bright Horizons Family Solut 0.02% 2,028 $284K No change
DLR Digital Realty Trust Inc. 0.02% 1,750 $283K Reduce -3.6%
BN Brookfield Corp. 0.01% 5,229 $278K No change
BF.B Brown-Forman Corp. Class B 0.01% 5,625 $277K No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.01% 261 $271K No change
ICE Intercontinental Exchange Inc. 0.01% 1,680 $270K Reduce -0.3%
PWR Quanta Services Inc. 0.01% 900 $268K No change
NOW ServiceNow Inc. 0.01% 299 $267K New
SCHC Schwab Intl Small-Cap Equity 0.01% 6,898 $266K No change
KMB Kimberly-Clark Corp. 0.01% 1,857 $264K No change
GD General Dynamics Corp. 0.01% 859 $260K Reduce -0.6%
PLD Prologis Inc. 0.01% 1,994 $252K Add +3.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 587 $248K New
MO Altria Group Inc. 0.01% 4,845 $247K No change
SPSB SS SPDR P St C Corp. ETF 0.01% 7,984 $242K No change
BND Vanguard Total Bond Market 0.01% 3,182 $239K Add +1.1%
XEL Xcel Energy Inc. 0.01% 3,657 $239K New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 1,076 $238K New
IXUS iShares Core Intl Stock ETF 0.01% 3,273 $238K No change
LHX L3HARRIS Technologies Inc. 0.01% 999 $238K Add +3.1%
TRV The Travelers Cos Inc. 0.01% 1,013 $237K No change
UBER Uber Technologies Inc. 0.01% 3,092 $232K Add +0.6%
VIG Vanguard Dividend Apprec ETF 0.01% 1,170 $232K No change
SG Sweetgreen Inc. Class A 0.01% 6,529 $231K New
SCHA Schwab US Small-Cap ETF 0.01% 4,477 $231K Add +3.8%
ESGV Vanguard ESG US Stock ETF 0.01% 2,257 $229K New
MRSH Marsh & McLennan Cos 0.01% 1,024 $228K No change
RACE Ferrari NV 0.01% 485 $228K New
SCHG Schwab US Large-Cap Growth 0.01% 2,183 $227K Add +8.8%
ADM Archer-Daniels-Midland Co. 0.01% 3,748 $224K Add +3.0%
EFV iShares MSCI Eafe Value ETF 0.01% 3,761 $216K New
LPX Louisiana-Pacific Corp. 0.01% 2,000 $215K New
MS Morgan Stanley 0.01% 2,057 $214K New
WHR Whirlpool Corp. 0.01% 2,000 $214K New
SDY SS SPDR S&P Dividend ETF 0.01% 1,500 $213K New
IAU iShares Gold Trust 0.01% 4,232 $210K New
USB US Bancorp 0.01% 4,547 $208K New
VNQ Vanguard Real Estate ETF 0.01% 2,133 $208K New
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.01% 1,700 $206K New
ISRG Intuitive Surgical Inc. 0.01% 412 $202K New
IOO iShares Global 100 ETF 0.01% 2,033 $202K New
XLY SS Consumer Disc Select Sect 0.01% 1,000 $200K New
COWZ Pacer US Cash Cows 100 ETF 0.01% 3,463 $200K Reduce -20.2%
NN Nextnav Inc. 0.01% 22,700 $170K Add +761.5%
CLF Cleveland-Cliffs Inc. 0.01% 10,000 $128K No change
OGCP Empire State Realty Op-S60 0.01% 10,738 $118K No change
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 0.00% 18,000 $44K No change
GRAYSCALE ETHEREUM MINI TR E 0.00% 11,546 $28K New
PAVM Pavmed Inc. 0.00% 21,500 $26K New

Options reported separately and not counted above: NN calls ($5K).

Other holdings (2): bonds, preferreds, convertibles and warrants · $431K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 172$219KNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 165$212KNew

Total filed on the 13F, all lines: $1.9B.

Portfolio Sells Q2 2024 → Q3 2024
IGSB iShares 1-5Y Inv Grade Corp. Reduce -98.4% 0.02% −1.29
ABT Abbott Laboratories Reduce -89.2% 0.14% −1.15
QUAL iShares MSCI USA Quality Fac Reduce -11.4% 5.49% −0.83
GOOG Alphabet Inc. Class C Reduce -2.6% 3.61% −0.74
MSFT Microsoft Corp. Reduce -2.1% 4.99% −0.68
LMT Lockheed Martin Corp. Reduce -43.7% 1.29% −0.67
ASML ASML Holding NV-NY Reg SHS Reduce -1.4% 1.42% −0.47
AMZN Amazon.com Inc. Reduce -2.5% 2.77% −0.39
TSM Taiwan Semiconductor-SP ADR Reduce -3.3% 2.71% −0.29
MRK Merck & Co. Inc. Reduce -1.6% 1.10% −0.20
CVX Chevron Corp. Reduce -4.6% 0.95% −0.18
AVDL Avadel Pharmaceuticals Ltd. Sold out 0.00% −0.16
IRM Iron Mountain Inc. Sold out 0.00% −0.12
LMBS First Trust Low Duration Opp Reduce -5.5% 0.74% −0.08
SPSM SS SPDR P S&P 600 Small Cap Reduce -6.2% 1.72% −0.07
PG The Procter & Gamble Co. Reduce -3.2% 1.30% −0.07
XOM Exxon Mobil Corp. Reduce -1.0% 0.95% −0.06
TXN Texas Instruments Inc. Reduce -2.7% 1.26% −0.05
TMUS T-Mobile US Inc. Sold out 0.00% −0.04
OWL Blue Owl Capital Inc. Reduce -21.2% 0.14% −0.03
VCSH Vanguard S/T Corp. Bond ETF Reduce -2.7% 0.42% −0.03
CMCSA Comcast Corp. Class A Reduce -1.9% 1.18% −0.03
ETN Eaton Corp. PLC Reduce -12.6% 0.17% −0.03
PTGX Protagonist Therapeutics Inc. Sold out 0.00% −0.02
AVGO Broadcom Inc. Reduce -1.5% 1.97% −0.02
AMAT Applied Materials Inc. Reduce -1.9% 0.08% −0.02
JNJ Johnson & Johnson Reduce -4.9% 1.29% −0.02
AMD Advanced Micro Devices Sold out 0.00% −0.02
SRE Sempra Reduce -45.3% 0.03% −0.02
ULTA Ulta Beauty Inc. Sold out 0.00% −0.02
HERD Pacer Cash Cows Fund of Fund Sold out 0.00% −0.02
IEV iShares Europe ETF Reduce -8.3% 0.17% −0.02
NGG National Grid PLC-SP ADR Sold out 0.00% −0.02
PID Invesco International Divide Sold out 0.00% −0.01
BATRA Atlanta Braves Holdings in-A Sold out 0.00% −0.01
BP BP PLC-Spons ADR Sold out 0.00% −0.01
AMT American Tower Corp. Sold out 0.00% −0.01
BA The Boeing Co. Sold out 0.00% −0.01
ADI Analog Devices Inc. Reduce -4.0% 0.12% −0.01
AVTR Avantor Inc. Sold out 0.00% −0.01
BALL Ball Corp. Sold out 0.00% −0.01
JPM JPMorgan Chase & Co. Reduce -0.4% 0.38% −0.01
MCD McDonald's Corp. Reduce -18.4% 0.11% −0.01
DIS The Walt Disney Co. Reduce -5.2% 0.06% −0.01
UNP Union Pacific Corp. Reduce -2.4% 1.41% −0.01
XLK SS Technology Select Sector Reduce -14.4% 0.03% −0.01
EPD Enterprise Products Partners Reduce -2.3% 0.09% −0.01
ADBE Adobe Inc. Reduce -1.2% 0.05% −0.01
BAC Bank of America Corp. Reduce -16.6% 0.02% −0.01
IWF iShares Russell 1000 Growth Reduce -6.4% 0.06% −0.01

Portfolio Buys Q2 2024 → Q3 2024
JAAA Janus Henderson Aaa Clo ETF New 1.43% +1.43
SAP Sap SE-Sponsored ADR New 1.33% +1.33
CB Chubb Ltd. Add +811.8% 1.36% +1.22
NVDA Nvidia Corp. Add +109.3% 2.09% +1.00
MOAT Vaneck Morningstar Wide Moat Add +2.5% 4.26% +0.29
VOO Vanguard S&P 500 ETF Add +9.1% 3.81% +0.27
SHW The Sherwin-Williams Co. New 0.11% +0.11
TBIL F/M US Treasury 3 Month Bill Add +29.6% 0.52% +0.09
NXPI NXP Semiconductors NV New 0.06% +0.06
RSP Invesco S&P 500 Equal Weight New 0.05% +0.05
VTI VG Morningstar TS MKT ETF-US Add +4.6% 1.51% +0.05
SCTXX Schwab Amt Tax FR MNY-Ultra Add +30.3% 0.26% +0.05
DFAC Dimensional US Core Equity 2 Add +71.1% 0.09% +0.04
GLD SPDR Gold Shares Add +18.5% 0.18% +0.04
BTI British American Tob-SP ADR Add +50.0% 0.07% +0.03
VGT Vanguard Info Tech ETF New 0.03% +0.03
DFAX Dimensional World Ex US Core New 0.02% +0.02
V Visa Inc. Class A Add +7.8% 0.32% +0.02
ABBV Abbvie Inc. Add +1.4% 0.20% +0.02
NOW ServiceNow Inc. New 0.01% +0.01
DIA SS SPDR Dow Jones Indus Avg New 0.01% +0.01
XEL Xcel Energy Inc. New 0.01% +0.01
IBM Intl Business Machines Corp. New 0.01% +0.01
SG Sweetgreen Inc. Class A New 0.01% +0.01
ESGV Vanguard ESG US Stock ETF New 0.01% +0.01
RACE Ferrari NV New 0.01% +0.01
EFV iShares MSCI Eafe Value ETF New 0.01% +0.01
LPX Louisiana-Pacific Corp. New 0.01% +0.01
MS Morgan Stanley New 0.01% +0.01
WHR Whirlpool Corp. New 0.01% +0.01
SDY SS SPDR S&P Dividend ETF New 0.01% +0.01
IAU iShares Gold Trust New 0.01% +0.01
USB US Bancorp New 0.01% +0.01
VNQ Vanguard Real Estate ETF New 0.01% +0.01
SJM The JM Smucker Co. New 0.01% +0.01
ISRG Intuitive Surgical Inc. New 0.01% +0.01
IOO iShares Global 100 ETF New 0.01% +0.01
ACN Accenture PLC Class A Add +0.6% 0.12% +0.01
XLY SS Consumer Disc Select Sect New 0.01% +0.01
CAT Caterpillar Inc. Add +1.6% 0.10% +0.01
VEA Vanguard Ftse Developed ETF Add +2.6% 0.43% +0.01
SBUX Starbucks Corp. Add +46.8% 0.02% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +3.7% 0.41% +0.01
PEP Pepsico Inc. Add +28.4% 0.04% +0.01
NN Nextnav Inc. Add +761.5% 0.01% +0.01
VWO Vanguard Ftse Emerging Marke Add +31.1% 0.03% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +20.4% 0.03% +0.01
BX Blackstone Inc. Add +15.8% 0.02% +0.01
CNQ Canadian Natural Resources Add +19.0% 0.13% +0.00
DHR Danaher Corp. Add +18.5% 0.02% +0.00

Options Activity Q2 2024 → Q3 2024
NN Nextnav Inc. call Reduce -55.6% 12,000 $5K

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

Notes & Other Activity Q2 2024 → Q3 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A New 165 $212K
REDWOOD TRUST INC (RWT 5.625 07/15/24) NOTE 5.625% 7/1 · principal Sold out 55,000 $55Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 299$2.4BVTI, GOOG, TSM, VOO, VXUS
Q1 2026 297$2.2BVTI, GOOG, VOO, QUAL, TSM
Q4 2025 287$2.2BGOOG, QUAL, MSFT, VOO, AAPL
Q3 2025 292$2.1BMSFT, QUAL, GOOG, VOO, AAPL
Q2 2025 276$2.0BMSFT, QUAL, BRK.B, VOO, GOOG
Q1 2025 260$1.9BBRK.B, QUAL, MSFT, AAPL, MOAT
Q4 2024 256$1.9BBRK.B, QUAL, AAPL, MSFT, MOAT
Q3 2024 257$1.9BBRK.B, QUAL, MSFT, AAPL, MOAT
Q2 2024 244$1.7BQUAL, BRK.B, MSFT, AAPL, GOOG
Q1 2024 249$1.7BBRK.B, QUAL, MSFT, GOOG, MOAT