Orion Portfolio Solutions, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Orion Portfolio Solutions, LLC reported 1,876 stock positions worth $10.2 billion. Its top holding was Main Sector Rotation ETF (SECT) at 8.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 3.0%) and Main Buywrite ETF (BUYW, 2.1%). Compared with Q4 2024, it opened 189 new positions, sold out of 130, added to 972 and reduced 705. The biggest buy was Apple (AAPL, shares +1680%) and the biggest sale Elevance Health (ELV, shares −98%).
- Most Recent 13F
- Q1 2025
- Location
- Omaha, NE
- CIK
- 0001802647
- Portfolio Value
- $10.2B (Q1 2025)
- SEC Filing
- 0001580642-25-003122 ↗ filed May 15, 2025
Holdings Value
Holdings 1,876 stocks · $10.2B
| SECT Main Sector Rotation ETF | 8.84% | 17,670,190 | $902.2M | Reduce -1.4% |
| IVV iShares Core S&P 500 ETF | 3.00% | 544,079 | $305.7M | Add +109.1% |
| BUYW Main Buywrite ETF | 2.10% | 15,577,139 | $213.9M | Add +4.9% |
| AAPL Apple Inc. | 2.09% | 959,240 | $213.1M | Add +1679.5% |
| MSFT Microsoft Corp. | 1.60% | 435,876 | $163.6M | Add +554.2% |
| VTI VG Morningstar TS MKT ETF-US | 1.42% | 525,477 | $144.4M | Add +2.8% |
| NVDA Nvidia Corp. | 1.23% | 1,155,912 | $125.3M | Add +10.5% |
| VEA Vanguard Ftse Developed ETF | 1.11% | 2,232,569 | $113.5M | Add +10.3% |
| AMZN Amazon.com Inc. | 1.08% | 578,758 | $110.1M | Add +3665.5% |
| EDGF 3EDGE Dynamic Fixed Incm ETF | 1.04% | 4,251,361 | $105.8M | New |
| IWF iShares Russell 1000 Growth | 0.98% | 275,977 | $99.7M | Reduce -5.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.92% | 252,846 | $93.8M | Add +2.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.85% | 502,843 | $86.9M | Add +9.0% |
| VOO Vanguard S&P 500 ETF | 0.78% | 153,937 | $79.1M | Add +2.4% |
| AGG iShares Core U.S. Aggregate | 0.71% | 735,175 | $72.7M | Add +4.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.71% | 129,009 | $72.2M | Reduce -2.6% |
| VCRB Vanguard Core Bond ETF | 0.68% | 894,071 | $69.2M | New |
| IXUS iShares Core Intl Stock ETF | 0.68% | 986,344 | $68.9M | Add +0.5% |
| SPMO Invesco S&P 500 Momentum ETF | 0.65% | 712,550 | $65.9M | Add +49.6% |
| META Meta Platforms Inc. Class A | 0.64% | 114,039 | $65.7M | Add +10.3% |
| MUB iShares National Muni Bond E | 0.59% | 566,331 | $59.7M | Reduce -22.0% |
| V Visa Inc. Class A | 0.57% | 164,489 | $57.6M | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.55% | 104,638 | $55.7M | Add +5.1% |
| ITOT iShares Core S&P Total U.S. | 0.54% | 453,892 | $55.4M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 115,250 | $54.0M | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 0.53% | 349,158 | $54.0M | Add +2450.3% |
| WMT Walmart Inc. | 0.53% | 614,565 | $54.0M | Add +6.2% |
| HCMT Direxion HCM Tactic US ETF | 0.52% | 1,764,212 | $53.3M | Add +8.4% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.51% | 1,428,631 | $51.6M | Reduce -4.8% |
| JPM JPMorgan Chase & Co. | 0.49% | 202,125 | $49.6M | Add +2.2% |
| GSLC Goldman Activebeta US LC ETF | 0.48% | 442,542 | $48.7M | Reduce -1.7% |
| VWO Vanguard Ftse Emerging Marke | 0.46% | 1,029,957 | $46.6M | Add +19.3% |
| MRSK Toews Agility Shares Managed | 0.45% | 1,463,258 | $46.3M | Add +13.1% |
| UNH Unitedhealth Group Inc. | 0.45% | 88,073 | $46.1M | Add +1.3% |
| IWX iShares Russell Top 200 Valu | 0.45% | 553,731 | $45.5M | New |
| TMAT Main Thematic Innovation ETF | 0.43% | 2,482,968 | $43.9M | Reduce -1.6% |
| GOOG Alphabet Inc. Class C | 0.43% | 278,284 | $43.5M | Reduce -16.9% |
| EDGH 3EDGE Dynamic Hard Asset ETF | 0.42% | 1,662,813 | $43.3M | New |
| AVGO Broadcom Inc. | 0.38% | 233,980 | $39.2M | Add +11.0% |
| LLY Eli Lilly & Co. | 0.38% | 47,424 | $39.2M | Add +8.8% |
| CWB SS SPDR BB Conv Sec ETF | 0.37% | 489,216 | $37.5M | Add +1.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.36% | 482,105 | $36.5M | Reduce -26.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.35% | 661,120 | $36.2M | Reduce -28.5% |
| MA Mastercard Inc. Class A | 0.34% | 62,753 | $34.4M | Add +4.7% |
| IEMG iShares Core MSCI Emerging | 0.34% | 636,353 | $34.3M | Add +3.3% |
| CLOI Vaneck Clo ETF | 0.34% | 648,991 | $34.3M | Reduce -2.1% |
| XOM Exxon Mobil Corp. | 0.33% | 286,710 | $34.1M | Add +5.0% |
| JNJ Johnson & Johnson | 0.33% | 203,769 | $33.8M | Add +2.3% |
| AVEM Avantis Emerging Markets Eq | 0.33% | 557,208 | $33.5M | Add +18.6% |
| JMUB JPMorgan Municipal ETF | 0.32% | 648,640 | $32.4M | New |
| QARP DBX ETF Trust - Xtrackers Ru | 0.32% | 623,808 | $32.3M | Reduce -4.1% |
| PM Philip Morris International | 0.31% | 199,498 | $31.7M | Add +3.1% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.30% | 154,351 | $31.1M | Reduce -2.6% |
| SUB iShares Short-Term National | 0.30% | 290,483 | $30.7M | Add +6.8% |
| IWP iShares Russell Mid-Cap Grow | 0.30% | 261,079 | $30.7M | Reduce -7.2% |
| ABBV Abbvie Inc. | 0.30% | 146,331 | $30.7M | Add +2.4% |
| HD Home Depot Inc. | 0.29% | 81,547 | $29.9M | Add +2.0% |
| NFLX Netflix Inc. | 0.29% | 31,846 | $29.7M | Reduce -3.5% |
| BSV Vanguard Short-Term Bond ETF | 0.29% | 375,726 | $29.4M | Add +20.7% |
| BNDX Vanguard Total Intl Bond ETF | 0.29% | 598,507 | $29.2M | Add +20.5% |
| IWO iShares Russell 2000 Growth | 0.28% | 112,309 | $28.7M | Reduce -1.6% |
| QQH HCM Defender 100 Index ETF | 0.28% | 490,109 | $28.7M | Add +14.3% |
| TSLA Tesla Inc. | 0.28% | 109,226 | $28.3M | Add +24.3% |
| PG The Procter & Gamble Co. | 0.28% | 165,389 | $28.2M | Add +6.4% |
| COST Costco Wholesale Corp. | 0.27% | 29,555 | $28.0M | Add +15.5% |
| EDGU 3EDGE US Equity | 0.27% | 1,150,496 | $27.9M | New |
| SDY SS SPDR S&P Dividend ETF | 0.27% | 205,607 | $27.9M | Add +1.9% |
| ABND Americn Cent Co. PL in ETF-US | 0.27% | 634,557 | $27.8M | Reduce -5.0% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.27% | 592,919 | $27.3M | Add +2.7% |
| VMBS Vanguard Mortgage-Backed Sec | 0.26% | 581,926 | $26.9M | Add +10.1% |
| ORCL Oracle Corp. | 0.26% | 191,216 | $26.7M | Add +6.2% |
| IDV iShares International Select | 0.26% | 839,351 | $26.0M | Reduce -12.6% |
| AON Aon PLC Class A | 0.25% | 64,295 | $25.7M | Add +0.4% |
| LGH HCM Defender 500 Index ETF | 0.25% | 523,778 | $25.3M | Add +13.3% |
| SO The Southern Co. | 0.25% | 274,222 | $25.2M | Add +1.5% |
| CVX Chevron Corp. | 0.24% | 148,236 | $24.8M | Add +6.1% |
| EFA iShares MSCI Eafe ETF | 0.24% | 303,172 | $24.8M | Add +4.6% |
| IVW iShares S&P 500 Growth ETF | 0.24% | 264,132 | $24.5M | Reduce -2.1% |
| DFAC Dimensional US Core Equity 2 | 0.23% | 711,456 | $23.5M | Add +16.8% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.23% | 658,288 | $23.5M | Add +6.0% |
| QUAL iShares MSCI USA Quality Fac | 0.23% | 136,279 | $23.3M | Add +4.6% |
| ABT Abbott Laboratories | 0.23% | 174,717 | $23.2M | Reduce -5.0% |
| BIV Vanguard Intermediate-Term B | 0.23% | 300,112 | $23.0M | Add +23.1% |
| WM Waste Management Inc. | 0.22% | 98,407 | $22.8M | Reduce -1.4% |
| TSM Taiwan Semiconductor-SP ADR | 0.22% | 133,044 | $22.1M | Add +1388.0% |
| TOUS T Rowe PRC International Eq | 0.21% | 748,389 | $21.9M | New |
| SHY iShares 1-3 Year Treasury Bo | 0.21% | 263,490 | $21.8M | Add +4.5% |
| PEP Pepsico Inc. | 0.21% | 142,039 | $21.3M | Add +9.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.21% | 96,008 | $21.3M | Add +2.3% |
| IEI iShares 3-7 Year Treasury Bo | 0.21% | 177,791 | $21.0M | Add +8.0% |
| SCHX Schwab US Large-Cap ETF | 0.21% | 950,964 | $21.0M | Reduce -2.0% |
| INTL Main International ETF | 0.21% | 900,439 | $20.9M | Add +11.5% |
| CRM Salesforce Inc. | 0.21% | 77,982 | $20.9M | Add +28.4% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 42,017 | $20.9M | Reduce -2.1% |
| SBUX Starbucks Corp. | 0.20% | 211,939 | $20.8M | Add +42.8% |
| THY Toews Agility Shares Dynamic | 0.20% | 945,357 | $20.8M | Add +11.4% |
| JEPI JPMorgan Equity Premium Inco | 0.20% | 361,603 | $20.7M | Add +34.1% |
| INTU Intuit Inc. | 0.20% | 33,523 | $20.6M | Reduce -5.6% |
| PGR Progressive Corp. | 0.20% | 72,645 | $20.6M | Reduce -0.4% |
| IVE iShares S&P 500 Value ETF | 0.20% | 107,850 | $20.6M | Add +69.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $618K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| REGIONS FINANCIAL CORP (RF V0 PERP B) | COM | 28,437 | $618K | New |
Total filed on the 13F, all lines: $10.2B.
Portfolio Sells Q4 2024 → Q1 2025
| ELV Elevance Health Inc. | Reduce -98.0% | 0.08% | −2.19 |
| FISV Fiserv Inc. | Reduce -86.8% | 0.12% | −1.67 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -95.2% | 0.05% | −1.21 |
| APD Air Products & Chemicals Inc. | Reduce -93.8% | 0.09% | −1.06 |
| SECT Main Sector Rotation ETF | Reduce -1.4% | 8.84% | −0.97 |
| IWY iShares Russell Top 200 Grow | Reduce -93.8% | 0.04% | −0.75 |
| UITB Victoryshares Core Intermedi | Reduce -99.1% | 0.01% | −0.70 |
| XMMO Invesco S&P Midcap Momentum | Reduce -78.7% | 0.12% | −0.49 |
| ADBE Adobe Inc. | Reduce -85.7% | 0.15% | −0.39 |
| CGXU Cap Group Intl Focus | Reduce -95.6% | 0.01% | −0.32 |
| GOOG Alphabet Inc. Class C | Reduce -16.9% | 0.43% | −0.21 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -87.9% | 0.03% | −0.20 |
| IWF iShares Russell 1000 Growth | Reduce -5.3% | 0.98% | −0.19 |
| MUB iShares National Muni Bond E | Reduce -22.0% | 0.59% | −0.19 |
| VEEV Veeva Systems Inc. Class A | Reduce -82.7% | 0.02% | −0.18 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -28.5% | 0.35% | −0.17 |
| CMDT PIMCO Commodity Active Strat | Reduce -96.5% | 0.00% | −0.13 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -26.6% | 0.36% | −0.10 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -49.8% | 0.10% | −0.10 |
| TMAT Main Thematic Innovation ETF | Reduce -1.6% | 0.43% | −0.09 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -29.4% | 0.16% | −0.09 |
| MSCI MSCI Inc. | Reduce -54.4% | 0.06% | −0.09 |
| DAL Delta Air Lines Inc. | Reduce -73.9% | 0.01% | −0.08 |
| XLP SS Consumer Staples Sel Sect | Reduce -87.2% | 0.01% | −0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -45.4% | 0.08% | −0.07 |
| IWB iShares Russell 1000 ETF | Reduce -26.4% | 0.15% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -7.0% | 0.19% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.6% | 0.71% | −0.07 |
| SCHW Schwab (charles) Corp. | Reduce -21.3% | 0.12% | −0.06 |
| IWP iShares Russell Mid-Cap Grow | Reduce -7.2% | 0.30% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Reduce -76.3% | 0.02% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -23.6% | 0.11% | −0.05 |
| IWD iShares Russell 1000 Value E | Reduce -25.4% | 0.15% | −0.05 |
| IWO iShares Russell 2000 Growth | Reduce -1.6% | 0.28% | −0.05 |
| ESGU iShares ESG Aware MSCI USA | Reduce -69.5% | 0.03% | −0.04 |
| CP Canadian Pacific Kansas City | Reduce -25.5% | 0.10% | −0.04 |
| GSLC Goldman Activebeta US LC ETF | Reduce -1.7% | 0.48% | −0.04 |
| AXP American Express Co. | Reduce -7.5% | 0.16% | −0.04 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -87.5% | 0.00% | −0.03 |
| TRANE TECHNOLOGIES PLC | Sold out | 0.00% | −0.03 |
| HRL Hormel Foods Corp. | Sold out | 0.00% | −0.03 |
| IVW iShares S&P 500 Growth ETF | Reduce -2.1% | 0.24% | −0.03 |
| HIGH Simplify Enhanced Income ETF | Sold out | 0.00% | −0.03 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -2.6% | 0.30% | −0.03 |
| DVY iShares Select Dividend ETF | Reduce -44.9% | 0.04% | −0.03 |
| COR Cencora Inc. | Reduce -74.7% | 0.04% | −0.03 |
| KMB Kimberly-Clark Corp. | Reduce -63.0% | 0.02% | −0.03 |
| ACN Accenture PLC Class A | Reduce -0.6% | 0.19% | −0.03 |
| IJH iShares Core S&P Midcap ETF | Reduce -12.2% | 0.12% | −0.03 |
| SMMD iShares Russell 2500 ETF | Reduce -20.1% | 0.07% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| AAPL Apple Inc. | Add +1679.5% | 2.09% | +2.00 |
| MSFT Microsoft Corp. | Add +554.2% | 1.60% | +1.50 |
| IVV iShares Core S&P 500 ETF | Add +109.1% | 3.00% | +1.47 |
| EDGF 3EDGE Dynamic Fixed Incm ETF | New | 1.04% | +1.04 |
| AMZN Amazon.com Inc. | Add +3665.5% | 1.08% | +1.02 |
| VCRB Vanguard Core Bond ETF | New | 0.68% | +0.68 |
| GOOGL Alphabet Inc. Class A | Add +2450.3% | 0.53% | +0.50 |
| IWX iShares Russell Top 200 Valu | New | 0.45% | +0.45 |
| EDGH 3EDGE Dynamic Hard Asset ETF | New | 0.42% | +0.42 |
| JMUB JPMorgan Municipal ETF | New | 0.32% | +0.32 |
| EDGU 3EDGE US Equity | New | 0.27% | +0.27 |
| TOUS T Rowe PRC International Eq | New | 0.21% | +0.21 |
| TSM Taiwan Semiconductor-SP ADR | Add +1388.0% | 0.22% | +0.20 |
| SPMO Invesco S&P 500 Momentum ETF | Add +49.6% | 0.65% | +0.20 |
| BALT Inn Defined Wealth Shield | Add +894.9% | 0.18% | +0.16 |
| VFLO Victoryshares Free Cash Flow | New | 0.16% | +0.16 |
| VEA Vanguard Ftse Developed ETF | Add +10.3% | 1.11% | +0.15 |
| MMIT Nylim Mackay Muni Intermedia | New | 0.10% | +0.10 |
| EDGI 3EDGE Dyna I National Eq ETF | New | 0.10% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.1% | 0.55% | +0.10 |
| ADSK Autodesk Inc. | Add +82.7% | 0.10% | +0.09 |
| VDC Vanguard Consumer Staple ETF | Add +1341.1% | 0.09% | +0.08 |
| SCHG Schwab US Large-Cap Growth | Add +298.4% | 0.12% | +0.08 |
| IVE iShares S&P 500 Value ETF | Add +69.3% | 0.20% | +0.08 |
| SDCI Uscf Summerhaven Dynamic ETF | Add +1295.5% | 0.09% | +0.08 |
| PM Philip Morris International | Add +3.1% | 0.31% | +0.08 |
| VWO Vanguard Ftse Emerging Marke | Add +19.3% | 0.46% | +0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +9.0% | 0.85% | +0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +900.0% | 0.08% | +0.07 |
| PNC PNC Financial Services Group | Add +141.4% | 0.12% | +0.06 |
| AVEM Avantis Emerging Markets Eq | Add +18.6% | 0.33% | +0.05 |
| T AT&T Inc. | Add +39.6% | 0.13% | +0.05 |
| TT Trane Technologies PLC | New | 0.05% | +0.05 |
| LLY Eli Lilly & Co. | Add +8.8% | 0.38% | +0.05 |
| BSV Vanguard Short-Term Bond ETF | Add +20.7% | 0.29% | +0.05 |
| JEPI JPMorgan Equity Premium Inco | Add +34.1% | 0.20% | +0.05 |
| ABBV Abbvie Inc. | Add +2.4% | 0.30% | +0.05 |
| PDBC Invesco Optimum Yield Divers | Add +952.9% | 0.05% | +0.05 |
| COWG Pacer US LRG Cap Cows GR LD | Add +500.6% | 0.06% | +0.05 |
| TLH iShares 10-20 Year Treasury | Add +227.9% | 0.07% | +0.05 |
| JNJ Johnson & Johnson | Add +2.3% | 0.33% | +0.04 |
| OEF iShares S&P 100 ETF | Add +189.0% | 0.07% | +0.04 |
| BIV Vanguard Intermediate-Term B | Add +23.1% | 0.23% | +0.04 |
| BNDX Vanguard Total Intl Bond ETF | Add +20.5% | 0.29% | +0.04 |
| XOM Exxon Mobil Corp. | Add +5.0% | 0.33% | +0.04 |
| CVX Chevron Corp. | Add +6.1% | 0.24% | +0.04 |
| META Meta Platforms Inc. Class A | Add +10.3% | 0.64% | +0.04 |
| COST Costco Wholesale Corp. | Add +15.5% | 0.27% | +0.04 |
| BUCK Simplify Treasury Option Inc. | New | 0.04% | +0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Add +166.1% | 0.06% | +0.04 |
Notes & Other Activity Q4 2024 → Q1 2025
| REGIONS FINANCIAL CORP (RF V0 PERP B) | COM | New | 28,437 | $618K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.