Obermeyer Wealth Partners

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 21, 2026), Obermeyer Wealth Partners reported 297 stock positions worth $2.2 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 8.9% of the portfolio, followed by Alphabet Class C (GOOG, 5.0%) and Vanguard S&P 500 ETF (VOO, 4.3%). Compared with Q4 2025, it opened 22 new positions, sold out of 12, added to 78 and reduced 106. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +213%) and the biggest sale Walmart (WMT, shares −92%).

Most Recent 13F
Q2 2026
Location
ASPEN, CO
CIK
0001349654
Portfolio Value
$2.2B (Q1 2026)
SEC Filing
0001349654-26-000002 ↗ filed Apr 21, 2026

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 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 $2.2B Q1 2026 Q2 2026: $2.4B Q2 2026

Holdings 297 stocks · $2.2B
VTI VG Morningstar TS MKT ETF-US 8.89% 601,790 $193.1M Add +212.8%
GOOG Alphabet Inc. Class C 4.96% 375,688 $107.8M Reduce -2.4%
VOO Vanguard S&P 500 ETF 4.35% 158,002 $94.4M Add +1.6%
QUAL iShares MSCI USA Quality Fac 4.03% 455,785 $87.4M Reduce -16.9%
TSM Taiwan Semiconductor-SP ADR 3.95% 253,519 $85.7M Reduce -1.2%
AAPL Apple Inc. 3.79% 324,220 $82.3M Reduce -1.0%
JAAA Janus Henderson Aaa Clo ETF 3.71% 1,598,343 $80.5M Add +5.9%
MSFT Microsoft Corp. 3.45% 202,583 $75.0M Reduce -0.0%
NVDA Nvidia Corp. 3.41% 423,977 $73.9M Reduce -2.6%
TBIL F/M US Treasury 3 Month Bill 3.21% 1,398,165 $69.7M Add +5.2%
AMZN Amazon.com Inc. 3.08% 320,958 $66.8M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 2.96% 134,309 $64.4M Add +0.3%
URTH iShares MSCI World ETF 2.90% 349,999 $63.0M Reduce -0.9%
AVGO Broadcom Inc. 2.75% 192,804 $59.7M Add +0.1%
VXUS Vanguard Total Intl Stock 2.71% 762,643 $58.8M Add +5008.5%
MA Mastercard Inc. Class A 2.70% 117,429 $58.7M Reduce -1.0%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 2.60% 42,728 $56.4M Reduce -1.1%
RTX RTX Corp. 2.33% 262,779 $50.7M Reduce -0.2%
META Meta Platforms Inc. Class A 2.07% 78,518 $44.9M Add +0.1%
CME Cme Group Inc. 1.50% 110,120 $32.5M Add +0.6%
AON Aon PLC Class A 1.46% 98,353 $31.7M Add +0.0%
QQQ Invesco QQQ Trust Series 1 1.44% 54,214 $31.3M Add +18.4%
UNH Unitedhealth Group Inc. 1.40% 112,471 $30.4M Add +1.2%
DE Deere & Co. 1.37% 52,657 $29.7M Add +0.2%
HD Home Depot Inc. 1.34% 88,191 $29.0M Add +0.3%
MSI Motorola Solutions Inc. 1.18% 58,833 $25.5M Add +19.4%
BN Brookfield Corp. 1.16% 621,562 $25.2M Reduce -3.8%
MCO Moody's Corp. 1.09% 54,448 $23.8M New
SHW The Sherwin-Williams Co. 1.02% 69,223 $22.2M Add +14.9%
TXN Texas Instruments Inc. 1.00% 111,662 $21.7M Add +15.4%
VGLT Vanguard Long-Term Treasury 0.82% 322,604 $17.9M Add +27.3%
SAP Sap SE-Sponsored ADR 0.80% 101,445 $17.4M Reduce -4.6%
VEA Vanguard Ftse Developed ETF 0.71% 241,193 $15.5M Add +6.9%
LMBS First Trust Low Duration Opp 0.70% 304,752 $15.2M Reduce -6.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.65% 21,756 $14.1M Add +4.4%
UPS United Parcel Service Class B 0.61% 134,645 $13.2M Reduce -12.7%
ZTS Zoetis Inc. 0.49% 89,399 $10.6M Add +90.8%
GOOGL Alphabet Inc. Class A 0.46% 34,580 $9.9M Add +0.4%
JPM JPMorgan Chase & Co. 0.45% 33,576 $9.9M Reduce -0.4%
BRK.A Berkshire Hathaway Inc. Class A 0.43% 13 $9.3M Reduce -7.1%
V Visa Inc. Class A 0.33% 23,614 $7.1M Add +7.4%
XOM Exxon Mobil Corp. 0.29% 37,719 $6.4M Reduce -77.5%
USB US Bancorp 0.28% 117,762 $6.1M Reduce -0.5%
EVLN Eaton Vance Floating-Rate 0.26% 118,867 $5.7M Add +261.7%
ARCC Ares Capital Corp. 0.24% 286,452 $5.2M Reduce -30.7%
GLD SPDR Gold Shares 0.24% 11,982 $5.2M Add +2.9%
XLV SS Health Care Select Sector 0.23% 34,416 $5.0M Add +50.8%
LOW Lowe's Cos Inc. 0.23% 21,247 $5.0M Reduce -2.9%
MOAT Vaneck Morningstar Wide Moat 0.21% 46,605 $4.5M Reduce -70.9%
CNQ Canadian Natural Resources 0.19% 86,742 $4.2M Add +18.5%
VBIL Vanguard 0-3M T-Bill ETF 0.18% 52,182 $3.9M Reduce -12.9%
SPSM SS SPDR P S&P 600 Small Cap 0.17% 77,820 $3.8M Reduce -10.0%
WMT Walmart Inc. 0.16% 28,094 $3.5M Reduce -92.0%
ETN Eaton Corp. PLC 0.16% 9,654 $3.5M Reduce -1.9%
COST Costco Wholesale Corp. 0.16% 3,451 $3.4M Add +6.2%
ATO Atmos Energy Corp. 0.15% 17,332 $3.2M Reduce -0.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.14% 10,489 $3.1M Reduce -0.4%
ADI Analog Devices Inc. 0.14% 9,841 $3.1M No change
IVV iShares Core S&P 500 ETF 0.14% 4,707 $3.1M Add +20.1%
SHEL Shell PLC-ADR 0.14% 32,627 $3.0M Reduce -3.6%
JNJ Johnson & Johnson 0.14% 12,310 $3.0M Reduce -2.2%
WM Waste Management Inc. 0.14% 13,031 $3.0M Reduce -2.9%
CTVA Corteva Inc. 0.13% 33,994 $2.8M No change
VYM Vanguard High DVD Yield ETF 0.13% 19,202 $2.8M Reduce -1.1%
JMUB JPMorgan Municipal ETF 0.13% 56,200 $2.8M Add +170.8%
IEV iShares Europe ETF 0.13% 40,337 $2.7M Reduce -18.2%
IWF iShares Russell 1000 Growth 0.12% 6,311 $2.7M Add +9.0%
APO Apollo Global Management Inc. 0.11% 21,204 $2.4M Reduce -26.2%
ABBV Abbvie Inc. 0.11% 10,851 $2.4M Add +2.3%
AZN Astrazeneca PLC 0.11% 11,584 $2.3M New
AMAT Applied Materials Inc. 0.10% 6,620 $2.3M Add +8.2%
KO The Coca-Cola Co. 0.10% 29,412 $2.2M No change
PBR.A Petroleo Brasil-SP Pref ADR 0.10% 117,495 $2.2M Reduce -0.0%
UNP Union Pacific Corp. 0.10% 9,053 $2.2M Add +2.0%
IJR iShares Core S&P Small-Cap E 0.10% 17,642 $2.2M Reduce -1.0%
VOYG Voyager Technologies Inc. Class A 0.10% 93,267 $2.2M Reduce -55.4%
Q Qnity Electronics Inc. 0.09% 16,651 $1.9M No change
VUG Vanguard Mrngstar GR ETF-Sui 0.09% 4,306 $1.9M Add +3.1%
AXP American Express Co. 0.09% 6,184 $1.9M Reduce -0.3%
MPLX MPLX LP 0.09% 32,346 $1.8M No change
TTE Totalenergies SE 0.08% 20,268 $1.8M No change
PG The Procter & Gamble Co. 0.08% 12,744 $1.8M Add +2.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.08% 11,397 $1.8M No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.08% 64,612 $1.8M Add +6.6%
MDY State Street SPDR S&P Midcap 0.08% 2,842 $1.8M No change
EPD Enterprise Products Partners 0.08% 45,272 $1.7M Add +5.8%
LLY Eli Lilly & Co. 0.07% 1,704 $1.6M Reduce -89.1%
GLW Corning Inc. 0.07% 11,441 $1.6M No change
MCD McDonald's Corp. 0.07% 4,771 $1.5M Reduce -7.0%
CAT Caterpillar Inc. 0.07% 2,092 $1.5M Add +2.7%
RSP Invesco S&P 500 Equal Weight 0.07% 7,711 $1.5M Add +1.7%
BTI British American Tob-SP ADR 0.07% 25,274 $1.5M No change
EEM iShares MSCI Emerging Market 0.07% 25,911 $1.5M Reduce -6.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.07% 7,477 $1.5M Add +6.1%
AMGN Amgen Inc. 0.07% 4,091 $1.4M Reduce -3.3%
CVX Chevron Corp. 0.07% 6,917 $1.4M Add +5.3%
AER Aercap Holdings NV 0.06% 10,066 $1.4M No change
ABT Abbott Laboratories 0.06% 12,835 $1.3M Reduce -2.2%
CB Chubb Ltd. 0.06% 3,965 $1.3M Reduce -94.8%
IWM iShares Russell 2000 ETF 0.06% 4,992 $1.2M No change
RY Royal Bank of Canada 0.06% 7,611 $1.2M No change
DD Dupont DE Nemours Inc. 0.05% 25,652 $1.2M No change
GS Goldman Sachs Group Inc. 0.05% 1,383 $1.2M Add +115.1%
IAU iShares Gold Trust 0.05% 13,029 $1.1M Reduce -0.1%
IDXX Idexx Laboratories Inc. 0.05% 2,000 $1.1M Reduce -4.9%
ET Energy Transfer LP 0.05% 58,217 $1.1M No change
DFAC Dimensional US Core Equity 2 0.05% 28,757 $1.1M No change
ETV Eaton Vance T/M Buy-Writ Opp 0.05% 81,633 $1.1M Add +17.3%
DHI D.R. Horton Inc. 0.05% 7,905 $1.1M Reduce -1.5%
EQIX Equinix Inc. 0.05% 1,106 $1.1M Reduce -11.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 10,751 $1.0M Add +1.3%
MRK Merck & Co. Inc. 0.05% 8,610 $1.0M Reduce -0.7%
WFC Wells Fargo & Co. 0.05% 12,630 $1.0M Reduce -2.6%
ORCL Oracle Corp. 0.05% 6,803 $1.0M Add +0.6%
DOW Dow Inc. filed as DOW HLDGS INC 0.05% 23,621 $984K Reduce -0.7%
SOXX iShares Semiconductor ETF 0.05% 2,979 $979K Add +25.0%
BMY Bristol-Myers Squibb Co. 0.04% 15,553 $943K Reduce -0.2%
VCSH Vanguard S/T Corp. Bond ETF 0.04% 11,825 $937K No change
EMR Emerson Electric Co. 0.04% 6,729 $882K Reduce -2.2%
RWJ Invesco S&P Smallcap 600 0.04% 17,284 $872K Add +0.1%
WEC WEC Energy Group Inc. 0.04% 7,504 $869K Reduce -8.3%
PEP Pepsico Inc. 0.04% 5,590 $868K Add +3.1%
HON Honeywell International Inc. 0.04% 3,836 $867K Reduce -2.8%
APD Air Products & Chemicals Inc. 0.04% 2,976 $864K No change
XLK SS Technology Select Sector 0.04% 6,408 $852K No change
COR Cencora Inc. 0.04% 2,699 $848K Reduce -0.6%
RWL Invesco S&P 500 Revenue ETF 0.04% 7,362 $846K No change
IEFA iShares Core MSCI Eafe ETF 0.04% 9,256 $838K Add +6.0%
TSLA Tesla Inc. 0.04% 2,247 $835K Add +0.1%
VWO Vanguard Ftse Emerging Marke 0.04% 14,935 $807K Reduce -5.7%
PFE Pfizer Inc. 0.04% 28,295 $795K Add +13.0%
IWR iShares Russell Mid-Cap ETF 0.04% 7,963 $774K No change
VZ Verizon Communications Inc. 0.04% 15,297 $768K Add +21.3%
SHY iShares 1-3 Year Treasury Bo 0.04% 9,218 $761K Reduce -5.8%
VIG Vanguard Dividend Apprec ETF 0.04% 3,536 $760K No change
CRM Salesforce Inc. 0.03% 4,023 $751K Add +0.3%
BLK BlackRock Inc. 0.03% 763 $734K Reduce -2.3%
IEF iShares 7-10 Year Treasury B 0.03% 7,645 $730K Reduce -1.0%
VHT Vanguard Health Care ETF 0.03% 2,653 $723K No change
SCHD Schwab US DVD Equity ETF 0.03% 23,249 $713K No change
PANW Palo Alto Networks Inc. 0.03% 4,210 $675K Reduce -10.6%
CSCO Cisco Systems Inc. 0.03% 8,630 $670K Reduce -1.7%
XLE SS Energy Select Sector 0.03% 10,800 $662K No change
MUB iShares National Muni Bond E 0.03% 6,131 $651K Add +1.6%
CMI Cummins Inc. 0.03% 1,200 $646K Add +69.3%
NVR NVR Inc. 0.03% 97 $639K Reduce -97.6%
HERD Pacer Cash Cows Fund of Fund 0.03% 13,923 $637K No change
SPGI S&P Global Inc. 0.03% 1,495 $636K Reduce -0.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 2,619 $635K Reduce -28.5%
IWD iShares Russell 1000 Value E 0.03% 2,966 $634K No change
WELL Welltower Inc. 0.03% 3,200 $633K Reduce -0.1%
SMH Vaneck Semiconductor ETF 0.03% 1,632 $626K Add +118.5%
MS Morgan Stanley 0.03% 3,796 $625K Add +18.4%
GE General Electric filed as GE AEROSPACE 0.03% 2,193 $622K Add +20.3%
IWB iShares Russell 1000 ETF 0.03% 1,715 $612K No change
WMB Williams Cos Inc. 0.03% 8,275 $602K No change
JAVA JPMorgan Active Value ETF 0.03% 8,372 $601K No change
PSX Phillips 66 0.03% 3,267 $595K Add +3.9%
VB Vanguard Most SM-Cap ETF-Usd 0.03% 2,268 $594K Add +6.7%
PFG Principal Financial Group 0.03% 6,591 $594K No change
SCHV Schwab US Large-Cap Value 0.03% 19,347 $590K Add +0.0%
NFLX Netflix Inc. 0.03% 6,080 $585K No change
QQQM Invesco Nasdaq 100 ETF 0.03% 2,357 $560K No change
HSY The Hershey Co. 0.03% 2,671 $555K No change
PM Philip Morris International 0.02% 3,258 $539K Reduce -0.6%
PWR Quanta Services Inc. 0.02% 960 $527K No change
IEI iShares 3-7 Year Treasury Bo 0.02% 4,441 $527K Add +2.9%
NN Nextnav Inc. 0.02% 32,600 $522K No change
LMT Lockheed Martin Corp. 0.02% 859 $519K Reduce -2.7%
SLV iShares Silver Trust 0.02% 7,587 $517K Add +12.2%
RACE Ferrari NV 0.02% 1,518 $514K Reduce -14.1%
SPIB SS SPDR P Int C Corp. ETF 0.02% 14,960 $502K No change
KKR KKR & Co. Inc. 0.02% 5,404 $500K Reduce -5.2%
AMD Advanced Micro Devices 0.02% 2,424 $493K Add +12.5%
DVY iShares Select Dividend ETF 0.02% 3,177 $481K No change
SYLD Cambria Shareholder Yield Et 0.02% 6,363 $480K Reduce -0.3%
XAR SS SPDR S&P Aerospace Def 0.02% 1,885 $479K No change
NEE Nextera Energy Inc. 0.02% 5,043 $468K Reduce -98.3%
SCHG Schwab US Large-Cap Growth 0.02% 16,040 $467K Reduce -0.9%
VXF Vanguard Extended Market ETF 0.02% 2,268 $467K No change
DGRO iShares Core Dividend Growth 0.02% 6,534 $459K No change
FIVE Five Below 0.02% 2,000 $457K Reduce -32.5%
ALL Allstate Corp. 0.02% 2,201 $456K Add +0.7%
MDLZ Mondelez International Inc. Class A 0.02% 7,871 $454K Reduce -9.6%
PIPR Piper Sandler Cos 0.02% 5,876 $450K No change
GRBK Green Brick Partners Inc. 0.02% 6,975 $450K No change
STIP iShares 0-5 Year Tips Bond E 0.02% 4,326 $447K No change
IXUS iShares Core Intl Stock ETF 0.02% 5,092 $441K Add +53.3%
BND Vanguard Total Bond Market 0.02% 5,830 $429K No change
OXY Occidental Petroleum Corp. 0.02% 6,503 $423K New
DFAX Dimensional World Ex US Core 0.02% 12,285 $417K New
SDY SS SPDR S&P Dividend ETF 0.02% 2,830 $413K No change
VCIT Vanguard Int-Term Corporate 0.02% 4,966 $411K No change
NLY Annaly Capital Management Inc. 0.02% 19,407 $410K Reduce -3.8%
GILD Gilead Sciences Inc. 0.02% 2,943 $410K Reduce -0.4%
TEL Te Connectivity PLC 0.02% 1,919 $401K Add +0.6%
IEMG iShares Core MSCI Emerging 0.02% 5,667 $395K Reduce -6.5%
XEL Xcel Energy Inc. 0.02% 4,925 $391K Reduce -3.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.02% 4,326 $390K No change
PBR Petroleo Brasileiro-Spon ADR 0.02% 18,423 $382K No change
GD General Dynamics Corp. 0.02% 1,105 $379K No change
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.02% 1,708 $370K Reduce -1.8%
ICLN iShares Global Clean Energy 0.02% 20,198 $369K No change
CP Canadian Pacific Kansas City 0.02% 4,692 $369K No change
PRF Invesco Rafi US 1000 ETF 0.02% 7,740 $368K No change
MDT Medtronic PLC 0.02% 4,171 $361K Add +12.8%
USMV iShares MSCI USA Min Vol Fac 0.02% 3,890 $361K No change
SHLD Global X Defense Tech ETF 0.02% 5,057 $358K Add +0.3%
BX Blackstone Inc. 0.02% 3,081 $354K Add +2.0%
EFA iShares MSCI Eafe ETF 0.02% 3,629 $352K Add +25.4%
CI The Cigna Group 0.02% 1,319 $352K Reduce -5.7%
VLO Valero Energy Corp. 0.02% 1,421 $351K No change
SBUX Starbucks Corp. 0.02% 3,916 $351K Reduce -1.5%
KR Kroger Co. 0.02% 4,811 $348K No change
NSC Norfolk Southern Corp. 0.02% 1,205 $346K No change
TGT Target Corp. 0.02% 2,844 $345K Add +3.6%
BA The Boeing Co. 0.02% 1,729 $344K New
VRT Vertiv Holdings Co. Class A 0.02% 1,370 $343K No change
SPGP Invesco S&P 500 Garp ETF 0.02% 3,178 $342K Add +0.2%
TMO Thermo Fisher Scientific Inc. 0.02% 695 $342K Reduce -3.2%
SHOP Shopify Inc. Class A 0.02% 2,878 $341K Reduce -54.0%
MO Altria Group Inc. 0.02% 5,171 $341K Reduce -4.5%
IGIB iShares 5-10Y Inv Grade Corp. 0.02% 6,386 $340K Add +7.2%
SCHC Schwab Intl Small-Cap Equity 0.02% 7,231 $338K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.02% 6,428 $338K Add +2.5%
KMI Kinder Morgan Inc. 0.02% 10,005 $335K No change
GWW WW Grainger Inc. 0.02% 306 $334K Reduce -5.3%
ACN Accenture PLC Class A 0.02% 1,681 $333K Reduce -40.1%
WES Western Midstream Partners L 0.02% 8,000 $329K New
IJH iShares Core S&P Midcap ETF 0.02% 4,849 $327K Reduce -0.6%
ADBE Adobe Inc. 0.01% 1,344 $327K Add +16.7%
AMLP Alerian MLP ETF 0.01% 6,190 $326K New
COP Conocophillips 0.01% 2,456 $324K New
BNL Broadstone Net Lease Inc. 0.01% 17,589 $321K No change
DLR Digital Realty Trust Inc. 0.01% 1,775 $320K No change
CBRE CBRE Group Inc. Class A 0.01% 2,342 $317K Reduce -5.7%
SRE Sempra 0.01% 3,258 $317K No change
BLDR Builders Firstsource Inc. 0.01% 3,844 $316K No change
ESGV Vanguard ESG US Stock ETF 0.01% 2,800 $314K No change
WDC Western Digital Corp. 0.01% 1,140 $308K New
SNPS Synopsys Inc. 0.01% 768 $304K No change
VGT Vanguard Info Tech ETF 0.01% 436 $304K Reduce -2.2%
TRV The Travelers Cos Inc. 0.01% 1,033 $301K Reduce -1.0%
AWK American Water Works Co. Inc. 0.01% 2,204 $300K Reduce -3.3%
DLN Wisdomtree US Largecap Divid 0.01% 3,286 $294K No change
LIN Linde PLC 0.01% 592 $293K Reduce -1.0%
SCHW Schwab (charles) Corp. 0.01% 3,078 $289K Reduce -1.4%
MSGS Madison Square Garden Sports 0.01% 897 $288K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.01% 5,831 $284K Reduce -15.3%
C Citigroup Inc. 0.01% 2,503 $284K Reduce -0.8%
LRCX Lam Research Corp. 0.01% 1,324 $283K New
KEYS Keysight Technologies Inc. 0.01% 1,000 $282K No change
INTU Intuit Inc. 0.01% 648 $280K Reduce -1.7%
EFV iShares MSCI Eafe Value ETF 0.01% 3,761 $280K Reduce -7.7%
ICE Intercontinental Exchange Inc. 0.01% 1,761 $277K No change
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.01% 596 $276K No change
ADM Archer-Daniels-Midland Co. 0.01% 3,637 $264K Reduce -1.1%
GM General Motors Co. 0.01% 3,484 $260K No change
PGR Progressive Corp. 0.01% 1,276 $253K No change
FNV Franco-Nevada Corp. 0.01% 1,015 $251K No change
ITW Illinois Tool Works 0.01% 958 $249K New
DOV Dover Corp. 0.01% 1,168 $243K No change
MBB iShares MBS ETF 0.01% 2,541 $241K Reduce -10.6%
AGG iShares Core U.S. Aggregate 0.01% 2,429 $241K Reduce -7.4%
SCHB Schwab US Broad Market ETF 0.01% 9,600 $241K No change
SPSB SS SPDR P St C Corp. ETF 0.01% 7,984 $240K No change
KMB Kimberly-Clark Corp. 0.01% 2,465 $238K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.01% 828 $238K No change
OKE Oneok Inc. 0.01% 2,629 $238K New
DOCU Docusign Inc. 0.01% 5,000 $237K No change
ADP Automatic Data Processing 0.01% 1,152 $234K Reduce -7.8%
ZION Zions Bancorp NA 0.01% 4,035 $232K No change
NOW ServiceNow Inc. 0.01% 2,220 $232K Reduce -2.6%
YUM Yum! Brands Inc. 0.01% 1,490 $232K No change
ISRG Intuitive Surgical Inc. 0.01% 501 $231K No change
MTH Meritage Homes Corp. 0.01% 3,705 $229K No change
A Agilent Technologies Inc. 0.01% 2,010 $229K Reduce -30.0%
SPHY SS SPDR P High Yield ETF 0.01% 9,795 $228K No change
GEV GE Vernova Inc. 0.01% 261 $228K New
FDX FedEx Corp. 0.01% 634 $226K New
PAA Plains All Amer Pipeline LP 0.01% 10,000 $223K New
XLY SS Consumer Disc Select Sect 0.01% 2,000 $218K No change
ETR Entergy Corp. 0.01% 1,934 $217K New
SCHA Schwab US Small-Cap ETF 0.01% 7,458 $217K Reduce -1.3%
SNDK Sandisk Corp. 0.01% 334 $212K New
NUE Nucor Corp. 0.01% 1,250 $211K New
SYK Stryker Corp. 0.01% 641 $211K No change
AZO AutoZone Inc. 0.01% 62 $209K Reduce -7.5%
PLTR Palantir Technologies Inc. Class A 0.01% 1,420 $208K Reduce -21.6%
SO The Southern Co. 0.01% 2,139 $206K New
VBK Van Morst SML-Cap Gro-Usd Inc. 0.01% 672 $203K No change
VSEC Vse Corp. 0.01% 1,098 $202K New
IWO iShares Russell 2000 Growth 0.01% 641 $201K No change
NVCR Novocure Ltd. 0.01% 12,564 $137K New
PLUG Plug Power Inc. filed as PLUG PWR INC 0.00% 30,000 $68K No change
OGCP Empire State Realty Op-S60 0.00% 10,738 $56K No change
LUCD Lucid Diagnostics Inc. 0.00% 13,000 $15K No change

Options reported separately and not counted above: NN calls ($99K).

Other holdings (1): bonds, preferreds, convertibles and warrants · $205K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 172$205KNo change

Total filed on the 13F, all lines: $2.2B.

Portfolio Sells Q4 2025 → Q1 2026
WMT Walmart Inc. Reduce -92.0% 0.16% −1.63
NVR NVR Inc. Reduce -97.6% 0.03% −1.31
NEE Nextera Energy Inc. Reduce -98.3% 0.02% −1.05
MSFT Microsoft Corp. Reduce -0.0% 3.45% −1.02
CB Chubb Ltd. Reduce -94.8% 0.06% −1.02
QUAL iShares MSCI USA Quality Fac Reduce -16.9% 4.03% −0.95
LLY Eli Lilly & Co. Reduce -89.1% 0.07% −0.69
XOM Exxon Mobil Corp. Reduce -77.5% 0.29% −0.63
GOOG Alphabet Inc. Class C Reduce -2.4% 4.96% −0.56
MOAT Vaneck Morningstar Wide Moat Reduce -70.9% 0.21% −0.55
MA Mastercard Inc. Class A Reduce -1.0% 2.70% −0.39
SAP Sap SE-Sponsored ADR Reduce -4.6% 0.80% −0.38
NVO Novo-Nordisk A/S-Spons ADR Sold out 0.00% −0.33
NVDA Nvidia Corp. Reduce -2.6% 3.41% −0.31
AAPL Apple Inc. Reduce -1.0% 3.79% −0.28
BN Brookfield Corp. Reduce -3.8% 1.16% −0.20
VOYG Voyager Technologies Inc. Class A Reduce -55.4% 0.10% −0.15
ARCC Ares Capital Corp. Reduce -30.7% 0.24% −0.14
OBDC Blue Owl Capital Corp. Sold out 0.00% −0.11
URTH iShares MSCI World ETF Reduce -0.9% 2.90% −0.10
UPS United Parcel Service Class B Reduce -12.7% 0.61% −0.09
APO Apollo Global Management Inc. Reduce -26.2% 0.11% −0.08
BRK.A Berkshire Hathaway Inc. Class A Reduce -7.1% 0.43% −0.05
LMBS First Trust Low Duration Opp Reduce -6.3% 0.70% −0.04
JPM JPMorgan Chase & Co. Reduce -0.4% 0.45% −0.04
MRVL Marvell Technology Inc. Sold out 0.00% −0.04
SHOP Shopify Inc. Class A Reduce -54.0% 0.02% −0.03
IEV iShares Europe ETF Reduce -18.2% 0.13% −0.03
VBIL Vanguard 0-3M T-Bill ETF Reduce -12.9% 0.18% −0.02
IBM Intl Business Machines Corp. Reduce -28.5% 0.03% −0.02
ACN Accenture PLC Class A Reduce -40.1% 0.02% −0.02
AXP American Express Co. Reduce -0.3% 0.09% −0.02
ARES Ares Management Corp. Class A Sold out 0.00% −0.02
WSO Watsco Inc. Sold out 0.00% −0.02
ABT Abbott Laboratories Reduce -2.2% 0.06% −0.01
IDXX Idexx Laboratories Inc. Reduce -4.9% 0.05% −0.01
QCOM Qualcomm Inc. Sold out 0.00% −0.01
SPSM SS SPDR P S&P 600 Small Cap Reduce -10.0% 0.17% −0.01
INDY iShares India 50 ETF Sold out 0.00% −0.01
CMCSA Comcast Corp. Class A Sold out 0.00% −0.01
DHR Danaher Corp. Sold out 0.00% −0.01
KKR KKR & Co. Inc. Reduce -5.2% 0.02% −0.01
LOW Lowe's Cos Inc. Reduce -2.9% 0.23% −0.01
ITB iShares U.S. Home Constructi Sold out 0.00% −0.01
XLF SS Financial Select Sector Sold out 0.00% −0.01
NKE Nike Inc. Class B Sold out 0.00% −0.01
WFC Wells Fargo & Co. Reduce -2.6% 0.05% −0.01
PANW Palo Alto Networks Inc. Reduce -10.6% 0.03% −0.01
A Agilent Technologies Inc. Reduce -30.0% 0.01% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.4% 0.14% −0.01

Portfolio Buys Q4 2025 → Q1 2026
VTI VG Morningstar TS MKT ETF-US Add +212.8% 8.89% +5.94
VXUS Vanguard Total Intl Stock Add +5008.5% 2.71% +2.66
MCO Moody's Corp. New 1.09% +1.09
MSI Motorola Solutions Inc. Add +19.4% 1.18% +0.31
DE Deere & Co. Add +0.2% 1.37% +0.25
TXN Texas Instruments Inc. Add +15.4% 1.00% +0.23
JAAA Janus Henderson Aaa Clo ETF Add +5.9% 3.71% +0.22
ZTS Zoetis Inc. Add +90.8% 0.49% +0.22
EVLN Eaton Vance Floating-Rate Add +261.7% 0.26% +0.19
TBIL F/M US Treasury 3 Month Bill Add +5.2% 3.21% +0.18
VGLT Vanguard Long-Term Treasury Add +27.3% 0.82% +0.18
QQQ Invesco QQQ Trust Series 1 Add +18.4% 1.44% +0.16
CME Cme Group Inc. Add +0.6% 1.50% +0.13
SHW The Sherwin-Williams Co. Add +14.9% 1.02% +0.13
AZN Astrazeneca PLC New 0.11% +0.11
JMUB JPMorgan Municipal ETF Add +170.8% 0.13% +0.08
CNQ Canadian Natural Resources Add +18.5% 0.19% +0.08
XLV SS Health Care Select Sector Add +50.8% 0.23% +0.07
VEA Vanguard Ftse Developed ETF Add +6.9% 0.71% +0.07
AMAT Applied Materials Inc. Add +8.2% 0.10% +0.03
COST Costco Wholesale Corp. Add +6.2% 0.16% +0.03
GS Goldman Sachs Group Inc. Add +115.1% 0.05% +0.03
GLD SPDR Gold Shares Add +2.9% 0.24% +0.03
CVX Chevron Corp. Add +5.3% 0.07% +0.02
OXY Occidental Petroleum Corp. New 0.02% +0.02
DFAX Dimensional World Ex US Core New 0.02% +0.02
IVV iShares Core S&P 500 ETF Add +20.1% 0.14% +0.02
SMH Vaneck Semiconductor ETF Add +118.5% 0.03% +0.02
EPD Enterprise Products Partners Add +5.8% 0.08% +0.02
BA The Boeing Co. New 0.02% +0.02
WES Western Midstream Partners L New 0.02% +0.02
AMLP Alerian MLP ETF New 0.01% +0.01
CAT Caterpillar Inc. Add +2.7% 0.07% +0.01
COP Conocophillips New 0.01% +0.01
WDC Western Digital Corp. New 0.01% +0.01
CMI Cummins Inc. Add +69.3% 0.03% +0.01
LRCX Lam Research Corp. New 0.01% +0.01
SOXX iShares Semiconductor ETF Add +25.0% 0.05% +0.01
VZ Verizon Communications Inc. Add +21.3% 0.04% +0.01
ITW Illinois Tool Works New 0.01% +0.01
KMB Kimberly-Clark Corp. New 0.01% +0.01
OKE Oneok Inc. New 0.01% +0.01
GEV GE Vernova Inc. New 0.01% +0.01
FDX FedEx Corp. New 0.01% +0.01
PAA Plains All Amer Pipeline LP New 0.01% +0.01
ETR Entergy Corp. New 0.01% +0.01
SNDK Sandisk Corp. New 0.01% +0.01
NUE Nucor Corp. New 0.01% +0.01
SO The Southern Co. New 0.01% +0.01
VSEC Vse Corp. New 0.01% +0.01

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