Obermeyer Wealth Partners

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Obermeyer Wealth Partners reported 256 stock positions worth $1.9 billion. Its top holding was Berkshire Hathaway Class B (BRK.B) at 5.6% of the portfolio, followed by iShares MSCI USA Quality Fac (QUAL, 4.9%) and Apple (AAPL, 4.8%). Compared with Q3 2024, it opened 16 new positions, sold out of 17, added to 107 and reduced 75. The biggest buy was Sherwin-Williams (SHW, shares +1359%) and the biggest sale Union Pacific (UNP, shares −88%).

Most Recent 13F
Q2 2026
Location
ASPEN, CO
CIK
0001349654
Portfolio Value
$1.9B (Q4 2024)
SEC Filing
0001085146-25-001371 ↗ filed Feb 14, 2025

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 Q3 2024 Q4 2024: $1.9B $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 256 stocks · $1.9B
BRK.B Berkshire Hathaway Inc. Class B 5.64% 238,750 $108.2M Reduce -1.4%
QUAL iShares MSCI USA Quality Fac 4.89% 527,450 $93.9M Reduce -7.8%
AAPL Apple Inc. 4.76% 364,614 $91.3M Reduce -1.2%
MSFT Microsoft Corp. 4.74% 215,839 $91.0M Reduce -0.4%
MOAT Vaneck Morningstar Wide Moat 4.11% 851,412 $78.9M Add +3.7%
GOOG Alphabet Inc. Class C 4.06% 408,875 $77.9M Add +1.5%
VOO Vanguard S&P 500 ETF 4.05% 144,448 $77.8M Add +7.1%
MA Mastercard Inc. Class A 3.52% 128,280 $67.5M Reduce -2.8%
AMZN Amazon.com Inc. 3.13% 273,515 $60.0M Reduce -1.6%
TSM Taiwan Semiconductor-SP ADR 2.90% 281,622 $55.6M Reduce -3.3%
META Meta Platforms Inc. Class A 2.51% 82,373 $48.2M Reduce -2.6%
AVGO Broadcom Inc. 2.50% 207,413 $48.1M Reduce -2.8%
JAAA Janus Henderson Aaa Clo ETF 2.49% 943,003 $47.8M Add +80.2%
NVDA Nvidia Corp. 2.23% 319,267 $42.9M Reduce -0.5%
UNH Unitedhealth Group Inc. 2.08% 78,976 $40.0M Reduce -7.8%
AON Aon PLC Class A 2.02% 108,090 $38.8M Reduce -1.9%
HD Home Depot Inc. 1.89% 93,147 $36.2M Reduce -1.1%
NVR NVR Inc. 1.83% 4,285 $35.0M Reduce -2.8%
WMT Walmart Inc. 1.75% 370,925 $33.5M Reduce -0.1%
RTX RTX Corp. 1.71% 284,244 $32.9M Add +0.5%
ASML ASML Holding NV-NY Reg SHS 1.69% 46,752 $32.4M Add +47.3%
TBIL F/M US Treasury 3 Month Bill 1.63% 627,987 $31.3M Add +220.9%
SPSM SS SPDR P S&P 600 Small Cap 1.60% 683,380 $30.7M Reduce -3.0%
VTI VG Morningstar TS MKT ETF-US 1.52% 100,736 $29.2M Add +1.4%
ORCL Oracle Corp. 1.43% 165,042 $27.5M Reduce -6.2%
SAP Sap SE-Sponsored ADR 1.39% 108,070 $26.6M Reduce -0.5%
SHW The Sherwin-Williams Co. 1.37% 77,559 $26.4M Add +1359.3%
CME Cme Group Inc. 1.37% 113,399 $26.3M Reduce -1.1%
BN Brookfield Corp. 1.28% 426,362 $24.5M Add +8053.8%
CB Chubb Ltd. 1.26% 87,334 $24.1M Reduce -0.9%
TXN Texas Instruments Inc. 1.21% 124,128 $23.3M Add +8.6%
PG The Procter & Gamble Co. 1.19% 136,217 $22.8M Reduce -2.7%
JNJ Johnson & Johnson 1.05% 139,876 $20.2M Reduce -6.2%
LMT Lockheed Martin Corp. 1.03% 40,735 $19.8M Reduce -0.9%
CMCSA Comcast Corp. Class A 1.01% 515,716 $19.4M Reduce -2.3%
QQQ Invesco QQQ Trust Series 1 0.96% 36,071 $18.4M Add +5.0%
MRK Merck & Co. Inc. 0.86% 165,381 $16.5M Reduce -8.5%
XOM Exxon Mobil Corp. 0.84% 149,731 $16.1M Reduce -0.7%
LMBS First Trust Low Duration Opp 0.70% 277,124 $13.5M Reduce -0.8%
DE Deere & Co. 0.69% 31,278 $13.3M Add +0.6%
BRK.A Berkshire Hathaway Inc. Class A 0.67% 19 $12.9M Add +5.6%
LLY Eli Lilly & Co. 0.64% 15,885 $12.3M Add +6.5%
NVO Novo-Nordisk A/S-Spons ADR 0.58% 130,104 $11.2M Add +13.3%
VCSH Vanguard S/T Corp. Bond ETF 0.45% 111,924 $8.7M Add +13.0%
JPM JPMorgan Chase & Co. 0.43% 34,622 $8.3M Add +1.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.41% 13,460 $7.9M Add +0.4%
V Visa Inc. Class A 0.40% 24,184 $7.6M Add +12.1%
GOOGL Alphabet Inc. Class A 0.38% 38,451 $7.3M Add +5.7%
VEA Vanguard Ftse Developed ETF 0.37% 148,484 $7.1M Reduce -2.4%
LOW Lowe's Cos Inc. 0.25% 19,734 $4.9M Add +3.8%
ABBV Abbvie Inc. 0.21% 23,192 $4.1M Add +24.0%
ARCC Ares Capital Corp. 0.20% 174,913 $3.8M Add +12.1%
ETN Eaton Corp. PLC 0.16% 9,468 $3.1M Add +1.4%
OWL Blue Owl Capital Inc. 0.16% 132,685 $3.1M Add +1.1%
ACN Accenture PLC Class A 0.15% 8,261 $2.9M Add +25.1%
IEV iShares Europe ETF 0.15% 55,000 $2.9M No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.15% 10,504 $2.8M No change
GLD SPDR Gold Shares 0.15% 11,682 $2.8M Reduce -15.3%
UNP Union Pacific Corp. 0.15% 12,396 $2.8M Reduce -88.4%
WM Waste Management Inc. 0.15% 13,845 $2.8M Add +1.4%
IVV iShares Core S&P 500 ETF 0.14% 4,627 $2.7M Add +1.5%
WSO Watsco Inc. 0.13% 5,450 $2.6M Add +1.4%
COST Costco Wholesale Corp. 0.13% 2,775 $2.5M Add +12.1%
VYM Vanguard High DVD Yield ETF 0.12% 18,392 $2.3M Add +4.3%
OBDC Blue Owl Capital Corp. 0.11% 145,684 $2.2M Add +1.1%
CNQ Canadian Natural Resources 0.11% 71,235 $2.2M Add +1.3%
SYY Sysco Corp. 0.11% 27,544 $2.1M Add +1.2%
ADI Analog Devices Inc. 0.11% 9,658 $2.1M Add +0.9%
KO The Coca-Cola Co. 0.10% 32,031 $2.0M Add +0.7%
IJR iShares Core S&P Small-Cap E 0.10% 17,019 $2.0M Add +0.1%
MCD McDonald's Corp. 0.10% 6,586 $1.9M Reduce -5.9%
AXP American Express Co. 0.10% 6,394 $1.9M Reduce -5.9%
SPGI S&P Global Inc. 0.10% 3,665 $1.8M Add +150.5%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.09% 61,780 $1.8M No change
CTVA Corteva Inc. 0.09% 31,482 $1.8M Add +15.8%
CRM Salesforce Inc. 0.09% 5,167 $1.7M Reduce -7.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.09% 15,236 $1.7M Add +29.9%
ABT Abbott Laboratories 0.08% 14,311 $1.6M Reduce -39.1%
EPD Enterprise Products Partners 0.08% 50,534 $1.6M Reduce -8.6%
MSI Motorola Solutions Inc. 0.08% 3,398 $1.6M No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 11,860 $1.4M Reduce -0.0%
ETV Eaton Vance T/M Buy-Writ Opp 0.07% 99,373 $1.4M Reduce -1.4%
MPLX MPLX LP 0.07% 29,705 $1.4M Add +0.1%
MRVL Marvell Technology Inc. 0.07% 12,749 $1.4M No change
BTI British American Tob-SP ADR 0.07% 38,163 $1.4M Add +1.8%
IWM iShares Russell 2000 ETF 0.07% 6,048 $1.3M Add +1.9%
WFC Wells Fargo & Co. 0.07% 17,874 $1.3M Add +29.8%
DD Dupont DE Nemours Inc. 0.06% 15,985 $1.2M Add +29.7%
SHEL Shell PLC-ADR 0.06% 19,343 $1.2M Add +0.1%
EQIX Equinix Inc. 0.06% 1,256 $1.2M Add +0.4%
LW Lamb Weston Holdings Inc. 0.06% 17,596 $1.2M New
AMAT Applied Materials Inc. 0.06% 7,032 $1.1M Add +0.2%
IWF iShares Russell 1000 Growth 0.06% 2,806 $1.1M Reduce -3.6%
AMGN Amgen Inc. 0.06% 4,289 $1.1M Add +1.4%
DHI D.R. Horton Inc. 0.06% 7,905 $1.1M No change
EEM iShares MSCI Emerging Market 0.06% 26,370 $1.1M Add +0.5%
IDXX Idexx Laboratories Inc. 0.06% 2,593 $1.1M Reduce -22.3%
EMR Emerson Electric Co. 0.05% 8,115 $1.0M Add +38.4%
PBR.A Petroleo Brasil-SP Pref ADR 0.05% 84,533 $1.0M Reduce -3.0%
DFAC Dimensional US Core Equity 2 0.05% 28,757 $995K Reduce -40.8%
RSP Invesco S&P 500 Equal Weight 0.05% 5,592 $980K Add +0.9%
APD Air Products & Chemicals Inc. 0.05% 3,361 $975K Reduce -4.8%
RWJ Invesco S&P Smallcap 600 0.05% 21,031 $962K Add +18.9%
AER Aercap Holdings NV 0.05% 10,000 $957K No change
SYK Stryker Corp. 0.05% 2,657 $957K New
CVX Chevron Corp. 0.05% 6,598 $956K Reduce -94.5%
RY Royal Bank of Canada 0.05% 7,611 $917K No change
IWR iShares Russell Mid-Cap ETF 0.05% 10,303 $911K No change
LYB Lyondellbasell Indu Class A 0.05% 12,052 $895K No change
KKR KKR & Co. Inc. 0.05% 5,956 $881K No change
SPGP Invesco S&P 500 Garp ETF 0.04% 8,188 $859K Add +61.6%
ET Energy Transfer LP 0.04% 41,959 $822K No change
PFE Pfizer Inc. 0.04% 30,949 $821K Reduce -3.6%
APO Apollo Global Management Inc. 0.04% 4,779 $789K No change
PEP Pepsico Inc. 0.04% 5,110 $777K Add +5.7%
WEC WEC Energy Group Inc. 0.04% 8,103 $762K No change
PFG Principal Financial Group 0.04% 9,511 $736K No change
RWL Invesco S&P 500 Revenue ETF 0.04% 7,510 $735K Add +2.0%
CCI Crown Castle Inc. 0.04% 7,968 $723K Reduce -0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.04% 4,170 $706K Add +2.7%
ADBE Adobe Inc. 0.04% 1,539 $684K Reduce -7.4%
ADP Automatic Data Processing 0.03% 2,278 $667K Reduce -21.5%
BLK BlackRock Inc. 0.03% 648 $664K Add +1.4%
MDY State Street SPDR S&P Midcap 0.03% 1,146 $653K No change
XLK SS Technology Select Sector 0.03% 2,799 $651K Add +1.7%
UBER Uber Technologies Inc. 0.03% 10,698 $645K Add +246.0%
TMO Thermo Fisher Scientific Inc. 0.03% 1,200 $624K Reduce -11.2%
USB US Bancorp 0.03% 13,027 $623K Add +186.5%
CSCO Cisco Systems Inc. 0.03% 10,426 $617K Add +30.7%
NFLX Netflix Inc. 0.03% 691 $616K Add +4.9%
PBR Petroleo Brasileiro-Spon ADR 0.03% 47,436 $610K Add +6.5%
COR Cencora Inc. 0.03% 2,688 $604K Add +0.8%
WPC WP Carey Inc. 0.03% 11,048 $602K Add +1.5%
STIP iShares 0-5 Year Tips Bond E 0.03% 5,980 $602K Reduce -7.2%
VZ Verizon Communications Inc. 0.03% 14,954 $598K Reduce -13.9%
ALL Allstate Corp. 0.03% 3,100 $598K No change
BMY Bristol-Myers Squibb Co. 0.03% 10,186 $576K Reduce -0.0%
SHOP Shopify Inc. Class A 0.03% 5,307 $564K Add +7.7%
PANW Palo Alto Networks Inc. 0.03% 3,094 $563K Add +2.4%
WELL Welltower Inc. 0.03% 4,457 $562K No change
DOW Dow Inc. 0.03% 13,632 $547K Add +14.7%
FISV Fiserv Inc. 0.03% 2,581 $530K Reduce -16.2%
JAVA JPMorgan Active Value ETF 0.03% 8,372 $530K No change
CAG Conagra Brands Inc. 0.03% 18,969 $526K New
IWD iShares Russell 1000 Value E 0.03% 2,806 $519K Reduce -8.5%
SOXX iShares Semiconductor ETF 0.03% 2,384 $514K Reduce -0.9%
TSLA Tesla Inc. 0.03% 1,269 $512K Add +4.3%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.03% 1,803 $512K Add +3.8%
BX Blackstone Inc. 0.03% 2,947 $508K Add +3.4%
SYLD Cambria Shareholder Yield Et 0.03% 7,416 $508K Add +23.8%
GLW Corning Inc. 0.03% 10,534 $501K No change
MDT Medtronic PLC 0.03% 6,146 $491K No change
SPIB SS SPDR P Int C Corp. ETF 0.03% 14,960 $490K No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.03% 4,326 $489K Reduce -1.1%
HSY The Hershey Co. 0.03% 2,888 $489K Add +1.0%
CL Colgate-Palmolive Co. 0.03% 5,362 $487K Add +0.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 1,179 $484K Add +35.0%
SRE Sempra 0.03% 5,479 $481K Reduce -2.5%
MDLZ Mondelez International Inc. Class A 0.02% 8,012 $479K Reduce -8.3%
XLE SS Energy Select Sector 0.02% 5,566 $477K Add +11.0%
DHR Danaher Corp. 0.02% 2,012 $462K Add +25.6%
CI The Cigna Group 0.02% 1,665 $460K Reduce -76.4%
VB Vanguard Most SM-Cap ETF-Usd 0.02% 1,899 $456K Reduce -28.5%
DOCU Docusign Inc. 0.02% 5,000 $450K No change
INTU Intuit Inc. 0.02% 709 $446K No change
PIPR Piper Sandler Cos 0.02% 1,469 $441K No change
SNPS Synopsys Inc. 0.02% 890 $432K Add +3.6%
BDX Becton Dickinson and Co. 0.02% 1,897 $430K New
PCAR Paccar Inc. 0.02% 4,084 $425K New
SLV iShares Silver Trust 0.02% 16,062 $423K No change
VWO Vanguard Ftse Emerging Marke 0.02% 9,494 $418K Reduce -19.8%
MO Altria Group Inc. 0.02% 7,984 $417K Add +64.8%
TEL Te Connectivity PLC 0.02% 2,913 $416K Add +4.9%
PM Philip Morris International 0.02% 3,444 $414K Add +0.8%
HON Honeywell International Inc. 0.02% 1,820 $411K Add +5.6%
BIL SS SPDR BB 1-3M T-Bill ETF 0.02% 4,400 $402K No change
GRBK Green Brick Partners Inc. 0.02% 6,975 $394K No change
IOO iShares Global 100 ETF 0.02% 3,852 $388K Add +89.5%
AWK American Water Works Co. Inc. 0.02% 3,116 $388K No change
SCHW Schwab (charles) Corp. 0.02% 5,111 $378K No change
SBUX Starbucks Corp. 0.02% 4,116 $376K Reduce -3.1%
TGT Target Corp. 0.02% 2,756 $373K Reduce -3.7%
DVY iShares Select Dividend ETF 0.02% 2,834 $372K Add +0.5%
BNL Broadstone Net Lease Inc. 0.02% 23,314 $370K Reduce -4.5%
CIBR First Trust Nasdaq Cybersecu 0.02% 5,682 $361K No change
NOW ServiceNow Inc. 0.02% 340 $360K Add +13.7%
NN Nextnav Inc. 0.02% 22,699 $353K Reduce 0.0%
IAU iShares Gold Trust 0.02% 7,133 $353K Add +68.5%
SCHD Schwab US DVD Equity ETF 0.02% 12,669 $346K No change
VCIT Vanguard Int-Term Corporate 0.02% 4,276 $343K Add +0.7%
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 6,507 $336K Reduce -8.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.02% 1,522 $335K Add +41.5%
FDX FedEx Corp. 0.02% 1,157 $325K No change
PSX Phillips 66 0.02% 2,856 $325K Add +0.2%
TRV The Travelers Cos Inc. 0.02% 1,346 $324K Add +32.9%
COP Conocophillips 0.02% 3,249 $322K New
DKNG Draftkings Inc. Class A 0.02% 8,633 $321K No change
LIN Linde PLC 0.02% 767 $321K Reduce -12.2%
IEFA iShares Core MSCI Eafe ETF 0.02% 4,527 $318K Add +3.1%
XAR SS SPDR S&P Aerospace Def 0.02% 1,885 $313K No change
CBRE CBRE Group Inc. Class A 0.02% 2,366 $311K No change
DLR Digital Realty Trust Inc. 0.02% 1,750 $310K No change
KR Kroger Co. 0.02% 5,045 $309K No change
IGIB iShares 5-10Y Inv Grade Corp. 0.02% 5,960 $307K No change
PJP Invesco Pharmaceuticals ETF 0.02% 3,700 $306K New
PWR Quanta Services Inc. 0.02% 955 $302K Add +6.1%
HERD Pacer Cash Cows Fund of Fund 0.02% 7,886 $299K New
NEE Nextera Energy Inc. 0.02% 4,073 $292K New
FND Floor & Decor Holdings Inc. Class A 0.02% 2,925 $292K No change
GE General Electric filed as GE AEROSPACE 0.02% 1,743 $291K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.02% 6,591 $290K Reduce -39.0%
NSC Norfolk Southern Corp. 0.01% 1,225 $288K Add +3.2%
INVH Invitation Homes Inc. 0.01% 8,961 $286K No change
ZTS Zoetis Inc. 0.01% 1,736 $283K Add +6.4%
BLDR Builders Firstsource Inc. 0.01% 1,938 $277K Add +0.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.01% 261 $275K No change
ICE Intercontinental Exchange Inc. 0.01% 1,847 $275K Add +9.9%
UPS United Parcel Service Class B 0.01% 2,149 $271K Add +0.1%
A Agilent Technologies Inc. 0.01% 2,010 $270K No change
MS Morgan Stanley 0.01% 2,111 $265K Add +2.6%
GD General Dynamics Corp. 0.01% 973 $256K Add +13.3%
ESGV Vanguard ESG US Stock ETF 0.01% 2,402 $252K Add +6.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.01% 587 $250K No change
XEL Xcel Energy Inc. 0.01% 3,657 $247K No change
KMB Kimberly-Clark Corp. 0.01% 1,857 $243K No change
BROS Dutch Bros Inc. Class A 0.01% 4,610 $241K New
CAT Caterpillar Inc. 0.01% 665 $241K Reduce -86.2%
SPSB SS SPDR P St C Corp. ETF 0.01% 7,984 $238K No change
SCHC Schwab Intl Small-Cap Equity 0.01% 6,898 $237K No change
IBIT iShares Bitcoin Trust ETF 0.01% 4,388 $233K New
SCHA Schwab US Small-Cap ETF 0.01% 8,954 $232K No change
WHR Whirlpool Corp. 0.01% 2,000 $229K No change
BFAM Bright Horizons Family Solut 0.01% 2,042 $226K Add +0.7%
XLY SS Consumer Disc Select Sect 0.01% 1,000 $224K No change
NKE Nike Inc. Class B 0.01% 2,955 $224K Reduce -36.3%
MRSH Marsh & McLennan Cos 0.01% 1,046 $222K Add +2.1%
ICLN iShares Global Clean Energy 0.01% 19,479 $222K Reduce -18.1%
BND Vanguard Total Bond Market 0.01% 3,082 $222K Reduce -3.1%
ISRG Intuitive Surgical Inc. 0.01% 420 $219K Add +1.9%
DOV Dover Corp. 0.01% 1,168 $219K Reduce -80.1%
LNG Cheniere Energy Inc. 0.01% 1,014 $218K New
IXUS iShares Core Intl Stock ETF 0.01% 3,273 $216K No change
BF.B Brown-Forman Corp. Class B 0.01% 5,625 $214K No change
RACE Ferrari NV 0.01% 501 $213K Add +3.3%
COWZ Pacer US Cash Cows 100 ETF 0.01% 3,757 $212K Add +8.5%
GS Goldman Sachs Group Inc. 0.01% 365 $209K New
WMB Williams Cos Inc. 0.01% 3,852 $208K New
VIG Vanguard Dividend Apprec ETF 0.01% 1,061 $208K Reduce -9.3%
LPX Louisiana-Pacific Corp. 0.01% 2,000 $207K No change
SG Sweetgreen Inc. Class A 0.01% 6,329 $203K Reduce -3.1%
PLD Prologis Inc. 0.01% 1,919 $203K Reduce -3.8%
MSGS Madison Square Garden Sports 0.01% 897 $202K New
OGCP Empire State Realty Op-S60 0.01% 10,738 $107K No change
CLF Cleveland-Cliffs Inc. 0.00% 10,000 $94K No change
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 0.00% 18,000 $43K No change
PAVM Pavmed Inc. 0.00% 21,500 $13K No change

Options reported separately and not counted above: NN calls ($88K).

Other holdings (1): bonds, preferreds, convertibles and warrants · $210K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 172$210KNo change

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

Portfolio Sells Q3 2024 → Q4 2024
UNP Union Pacific Corp. Reduce -88.4% 0.15% −1.27
CVX Chevron Corp. Reduce -94.5% 0.05% −0.90
UNH Unitedhealth Group Inc. Reduce -7.8% 2.08% −0.60
QUAL iShares MSCI USA Quality Fac Reduce -7.8% 4.89% −0.60
NVR NVR Inc. Reduce -2.8% 1.83% −0.49
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.4% 5.64% −0.33
SCTXX Schwab Amt Tax FR MNY-Ultra Sold out 0.00% −0.26
LMT Lockheed Martin Corp. Reduce -0.9% 1.03% −0.26
MSFT Microsoft Corp. Reduce -0.4% 4.74% −0.25
MRK Merck & Co. Inc. Reduce -8.5% 0.86% −0.24
JNJ Johnson & Johnson Reduce -6.2% 1.05% −0.24
ORCL Oracle Corp. Reduce -6.2% 1.43% −0.17
CMCSA Comcast Corp. Class A Reduce -2.3% 1.01% −0.17
HD Home Depot Inc. Reduce -1.1% 1.89% −0.16
SPSM SS SPDR P S&P 600 Small Cap Reduce -3.0% 1.60% −0.12
PG The Procter & Gamble Co. Reduce -2.7% 1.19% −0.11
XOM Exxon Mobil Corp. Reduce -0.7% 0.84% −0.11
CI The Cigna Group Reduce -76.4% 0.02% −0.11
CB Chubb Ltd. Reduce -0.9% 1.26% −0.10
MCHP Microchip Technology Inc. Sold out 0.00% −0.10
CAT Caterpillar Inc. Reduce -86.2% 0.01% −0.09
BEPC Brookfield Renewable Cor-A Sold out 0.00% −0.09
META Meta Platforms Inc. Class A Reduce -2.6% 2.51% −0.08
NXPI NXP Semiconductors NV Sold out 0.00% −0.06
VEA Vanguard Ftse Developed ETF Reduce -2.4% 0.37% −0.06
ABT Abbott Laboratories Reduce -39.1% 0.08% −0.06
DOV Dover Corp. Reduce -80.1% 0.01% −0.05
DFAC Dimensional US Core Equity 2 Reduce -40.8% 0.05% −0.04
LMBS First Trust Low Duration Opp Reduce -0.8% 0.70% −0.04
IDXX Idexx Laboratories Inc. Reduce -22.3% 0.06% −0.03
GLD SPDR Gold Shares Reduce -15.3% 0.15% −0.03
VGT Vanguard Info Tech ETF Sold out 0.00% −0.03
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.03
OXY Occidental Petroleum Corp. Sold out 0.00% −0.02
AON Aon PLC Class A Reduce -1.9% 2.02% −0.02
ONON On Holding AG Class A Sold out 0.00% −0.02
DFAX Dimensional World Ex US Core Sold out 0.00% −0.02
MCD McDonald's Corp. Reduce -5.9% 0.10% −0.01
CCI Crown Castle Inc. Reduce -0.1% 0.04% −0.01
LHX L3HARRIS Technologies Inc. Sold out 0.00% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -11.2% 0.03% −0.01
SCHG Schwab US Large-Cap Growth Sold out 0.00% −0.01
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.01
EFV iShares MSCI Eafe Value ETF Sold out 0.00% −0.01
SDY SS SPDR S&P Dividend ETF Sold out 0.00% −0.01
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.01
SJM The JM Smucker Co. Sold out 0.00% −0.01
VZ Verizon Communications Inc. Reduce -13.9% 0.03% −0.01
ADBE Adobe Inc. Reduce -7.4% 0.04% −0.01
NKE Nike Inc. Class B Reduce -36.3% 0.01% −0.01

Portfolio Buys Q3 2024 → Q4 2024
SHW The Sherwin-Williams Co. Add +1359.3% 1.37% +1.26
BN Brookfield Corp. Add +8053.8% 1.28% +1.26
TBIL F/M US Treasury 3 Month Bill Add +220.9% 1.63% +1.11
JAAA Janus Henderson Aaa Clo ETF Add +80.2% 2.49% +1.07
GOOG Alphabet Inc. Class C Add +1.5% 4.06% +0.45
ASML ASML Holding NV-NY Reg SHS Add +47.3% 1.69% +0.27
VOO Vanguard S&P 500 ETF Add +7.1% 4.05% +0.25
V Visa Inc. Class A Add +12.1% 0.40% +0.08
BRK.A Berkshire Hathaway Inc. Class A Add +5.6% 0.67% +0.08
QQQ Invesco QQQ Trust Series 1 Add +5.0% 0.96% +0.06
LW Lamb Weston Holdings Inc. New 0.06% +0.06
GOOGL Alphabet Inc. Class A Add +5.7% 0.38% +0.06
SPGI S&P Global Inc. Add +150.5% 0.10% +0.05
SYK Stryker Corp. New 0.05% +0.05
JPM JPMorgan Chase & Co. Add +1.9% 0.43% +0.05
VCSH Vanguard S/T Corp. Bond ETF Add +13.0% 0.45% +0.03
DIS The Walt Disney Co. Add +29.9% 0.09% +0.03
CAG Conagra Brands Inc. New 0.03% +0.03
ACN Accenture PLC Class A Add +25.1% 0.15% +0.03
OWL Blue Owl Capital Inc. Add +1.1% 0.16% +0.02
ARCC Ares Capital Corp. Add +12.1% 0.20% +0.02
WFC Wells Fargo & Co. Add +29.8% 0.07% +0.02
BDX Becton Dickinson and Co. New 0.02% +0.02
PCAR Paccar Inc. New 0.02% +0.02
USB US Bancorp Add +186.5% 0.03% +0.02
UBER Uber Technologies Inc. Add +246.0% 0.03% +0.02
EMR Emerson Electric Co. Add +38.4% 0.05% +0.02
ABBV Abbvie Inc. Add +24.0% 0.21% +0.02
COP Conocophillips New 0.02% +0.02
SPGP Invesco S&P 500 Garp ETF Add +61.6% 0.04% +0.02
PJP Invesco Pharmaceuticals ETF New 0.02% +0.02
HERD Pacer Cash Cows Fund of Fund New 0.02% +0.02
NEE Nextera Energy Inc. New 0.02% +0.02
GE General Electric New 0.02% +0.02
COST Costco Wholesale Corp. Add +12.1% 0.13% +0.01
VTI VG Morningstar TS MKT ETF-US Add +1.4% 1.52% +0.01
BROS Dutch Bros Inc. Class A New 0.01% +0.01
IBIT iShares Bitcoin Trust ETF New 0.01% +0.01
LNG Cheniere Energy Inc. New 0.01% +0.01
GS Goldman Sachs Group Inc. New 0.01% +0.01
WMB Williams Cos Inc. New 0.01% +0.01
MSGS Madison Square Garden Sports New 0.01% +0.01
TSLA Tesla Inc. Add +4.3% 0.03% +0.01
CSCO Cisco Systems Inc. Add +30.7% 0.03% +0.01
IOO iShares Global 100 ETF Add +89.5% 0.02% +0.01
MO Altria Group Inc. Add +64.8% 0.02% +0.01
SHOP Shopify Inc. Class A Add +7.7% 0.03% +0.01
CTVA Corteva Inc. Add +15.8% 0.09% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +35.0% 0.03% +0.01
IAU iShares Gold Trust Add +68.5% 0.02% +0.01

Options Activity Q3 2024 → Q4 2024
NN Nextnav Inc. call Add +32.5% 15,900 $88K

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

Notes & Other Activity Q3 2024 → Q4 2024
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Sold out 165 $212Kbefore 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