Palisades Hudson Asset Management, L.P.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Palisades Hudson Asset Management, L.P. reported 106 stock positions worth $275.7 million. Its top holding was iShares S&P Small-Cap 600 Va (IJS) at 12.2% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 7.2%) and iShares Core S&P 500 ETF (IVV, 7.1%). Compared with Q2 2025, it opened 2 new positions, sold out of 6, added to 31 and reduced 23. The biggest buy was iShares S&P Small-Cap 600 Va (IJS, shares +1%) and the biggest sale iShares Core MSCI Europe ETF (IEUR, shares −2%).

Most Recent 13F
Q2 2026
Location
FORT LAUDERDALE, FL
CIK
0001388443
Portfolio Value
$275.7M (Q3 2025)
SEC Filing
0001388443-25-000008 ↗ filed Nov 6, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $219.5M Q1 2024 Q2 2024: $217.6M Q2 2024 Q3 2024: $237.0M Q3 2024 Q4 2024: $237.3M Q4 2024 Q1 2025: $220.3M Q1 2025 Q2 2025: $255.6M Q2 2025 Q3 2025: $275.7M $275.7M Q3 2025 Q4 2025: $257.9M Q4 2025 Q1 2026: $256.6M Q1 2026 Q2 2026: $285.8M Q2 2026

Holdings 106 stocks · $275.7M
IJS iShares S&P Small-Cap 600 Va 12.24% 305,007 $33.7M Add +1.4%
SPY SS SPDR S&P 500 ETF Trust-US 7.21% 29,836 $19.9M Add +1.2%
IVV iShares Core S&P 500 ETF 7.06% 29,090 $19.5M Reduce -1.1%
VTI VG Morningstar TS MKT ETF-US 6.97% 58,518 $19.2M Add +0.0%
IJT iShares S&P Small-Cap 600 GR 5.41% 105,370 $14.9M Add +0.3%
IEUR iShares Core MSCI Europe ETF 4.57% 184,960 $12.6M Reduce -1.6%
IJR iShares Core S&P Small-Cap E 4.27% 99,140 $11.8M Add +0.2%
AAXJ iShares MSCI All Country Asi 3.60% 108,656 $9.9M Reduce -0.8%
BBJP J P Morgan Exchange-Traded F 3.47% 144,434 $9.6M Reduce -1.0%
EWJ iShares MSCI Japan ETF 3.44% 118,229 $9.5M Reduce -0.7%
IAU iShares Gold Trust 2.93% 111,113 $8.1M No change
VGK Vanguard Ftse Europe ETF 2.61% 90,207 $7.2M Add +1.3%
VUSB Vanguard Ultra Short Bond Et 2.19% 120,612 $6.0M Add +6.3%
SLYV SS SPDR S&P 600 SC Val ETF 2.05% 63,612 $5.6M Add +1.4%
NVDA Nvidia Corp. 1.96% 29,003 $5.4M Reduce -2.5%
EWA iShares MSCI Australia ETF 1.92% 196,045 $5.3M Reduce -0.0%
AAPL Apple Inc. 1.70% 18,461 $4.7M Reduce -4.4%
MSFT Microsoft Corp. 1.66% 8,844 $4.6M No change
NUSC Nuveen ESG Small-Cap ETF 1.58% 98,976 $4.4M Add +5.0%
ESGV Vanguard ESG US Stock ETF 1.57% 36,476 $4.3M Add +8.8%
GNR State Street SPDR S&P Global 1.26% 58,630 $3.5M Add +1.1%
GLD SPDR Gold Shares 1.26% 9,758 $3.5M Reduce -1.2%
IEV iShares Europe ETF 0.99% 41,622 $2.7M Reduce -0.9%
AMZN Amazon.com Inc. 0.93% 11,658 $2.6M No change
VNQ Vanguard Real Estate ETF 0.82% 24,776 $2.3M Add +3.6%
SMOG Vaneck Low Carbon Energy ETF 0.71% 15,489 $2.0M Reduce -0.3%
SLYG SS SPDR S&P 600 SC GR ETF 0.68% 19,866 $1.9M Add +2.5%
EWC iShares MSCI Canada ETF 0.64% 35,092 $1.8M Reduce -0.7%
GOOG Alphabet Inc. Class C 0.63% 7,080 $1.7M No change
FREL Fidelity MSCI RL Est Indx 0.62% 61,594 $1.7M Add +0.7%
GS Goldman Sachs Group Inc. 0.41% 1,433 $1.1M Reduce -4.2%
BSV Vanguard Short-Term Bond ETF 0.41% 14,383 $1.1M Add +0.7%
COST Costco Wholesale Corp. 0.40% 1,201 $1.1M Reduce -3.5%
GOOGL Alphabet Inc. Class A 0.39% 4,456 $1.1M Reduce -18.2%
INTU Intuit Inc. 0.37% 1,493 $1.0M Reduce -0.9%
V Visa Inc. Class A 0.36% 2,873 $981K No change
IWM iShares Russell 2000 ETF 0.34% 3,861 $934K Add +0.0%
TSLA Tesla Inc. 0.32% 1,965 $874K Add +38.5%
MA Mastercard Inc. Class A 0.31% 1,508 $858K No change
IWO iShares Russell 2000 Growth 0.30% 2,569 $822K Add +0.1%
AXP American Express Co. 0.28% 2,315 $769K No change
BBCA J P Morgan Exchange-Traded F 0.28% 8,817 $769K Add +1.0%
VOO Vanguard S&P 500 ETF 0.28% 1,245 $762K Reduce -5.6%
ABBV Abbvie Inc. 0.28% 3,281 $761K No change
STLD Steel Dynamics Inc. 0.25% 4,874 $680K No change
ORCL Oracle Corp. 0.24% 2,385 $671K No change
META Meta Platforms Inc. Class A 0.24% 886 $651K Reduce -7.2%
ABT Abbott Laboratories 0.23% 4,789 $641K No change
IWN iShares Russell 2000 Value E 0.23% 3,597 $636K Add +0.3%
YUM Yum! Brands Inc. 0.23% 4,143 $630K No change
PNC PNC Financial Services Group 0.22% 2,996 $602K Reduce -4.1%
TT Trane Technologies PLC 0.22% 1,427 $602K No change
MCO Moody's Corp. 0.22% 1,258 $599K No change
VSS Vanguard Ftse All Wo X-US SC 0.20% 3,945 $562K Add +0.4%
BWZ State Street SPDR Bloomberg 0.20% 19,489 $542K Add +0.4%
APH Amphenol Corp. Class A 0.19% 4,160 $515K No change
CHRW C.H. Robinson Worldwide Inc. 0.19% 3,871 $513K No change
PLD Prologis Inc. 0.18% 4,419 $506K No change
ICLN iShares Global Clean Energy 0.18% 32,055 $496K Add +2.4%
AVGO Broadcom Inc. 0.18% 1,495 $493K Add +28.9%
HIG Hartford Insurance Group Inc. 0.17% 3,523 $470K No change
NOC Northrop Grumman Corp. 0.16% 728 $444K No change
ADBE Adobe Inc. 0.16% 1,255 $442K No change
FLOT iShares Floating Rate Bond E 0.16% 8,645 $442K Add +0.9%
BA The Boeing Co. 0.16% 2,005 $433K No change
BNDX Vanguard Total Intl Bond ETF 0.15% 8,174 $404K Add +0.5%
MAR Marriott International Class A 0.14% 1,533 $399K No change
AZO AutoZone Inc. 0.14% 92 $395K No change
WMT Walmart Inc. 0.14% 3,785 $390K No change
CMA Comerica Inc. 0.14% 5,608 $384K No change
GGG Graco Inc. 0.14% 4,416 $375K No change
MSI Motorola Solutions Inc. 0.13% 810 $370K No change
UNH Unitedhealth Group Inc. 0.13% 1,047 $361K Reduce -2.9%
MCD McDonald's Corp. 0.13% 1,181 $359K No change
IYH iShares U.S. Healthcare ETF 0.13% 6,101 $358K Add +0.3%
SLV iShares Silver Trust 0.12% 7,939 $336K No change
DE Deere & Co. 0.12% 712 $326K No change
MRSH Marsh & McLennan Cos 0.12% 1,607 $324K No change
MSTR Strategy Inc. 0.11% 979 $315K Reduce -3.1%
VNQI Vanguard GLBL Ex-US Real Est 0.11% 6,598 $315K No change
HD Home Depot Inc. 0.11% 754 $305K Reduce -27.0%
UNP Union Pacific Corp. 0.11% 1,276 $301K No change
MS Morgan Stanley 0.11% 1,878 $299K No change
ELV Elevance Health Inc. 0.11% 906 $293K No change
NFLX Netflix Inc. 0.10% 233 $279K No change
IQSU Nylim Cndrim US LC Eq ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET 0.10% 5,151 $274K Add +0.3%
WY Weyerhaeuser Co. 0.10% 10,898 $270K No change
RHP Ryman Hospitality Properties 0.10% 2,986 $268K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 5,098 $263K No change
CMI Cummins Inc. 0.10% 620 $262K No change
MCK McKesson Corp. 0.09% 335 $259K No change
DHR Danaher Corp. 0.09% 1,244 $247K Reduce -25.4%
PG The Procter & Gamble Co. 0.09% 1,601 $246K No change
TXRH Texas Roadhouse Inc. 0.09% 1,468 $244K No change
IVW iShares S&P 500 Growth ETF 0.09% 2,010 $243K No change
CAT Caterpillar Inc. 0.08% 471 $224K New
PYPL PayPal Holdings Inc. 0.08% 3,290 $221K No change
IJH iShares Core S&P Midcap ETF 0.08% 3,373 $220K Add +0.1%
T AT&T Inc. 0.08% 7,418 $209K Add +0.1%
KLAC KLA Corp. 0.08% 192 $207K New
SCHD Schwab US DVD Equity ETF 0.08% 7,599 $207K No change
SCHH Schwab US REIT ETF 0.07% 9,554 $206K Add +0.5%
CSCO Cisco Systems Inc. 0.07% 2,996 $205K No change
ADP Automatic Data Processing 0.07% 695 $204K No change
Cummins Inc 0.01% 32 $14K No change
Cummins Inc 0.00% 3 $1K No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
SecurityClassShares / PrincipalValueChange
ACONW Aclarion Inc. -CW27 *W EXP 04/21/202 56,000$2KNew

Total filed on the 13F, all lines: $275.7M.

Portfolio Sells Q2 2025 → Q3 2025
IEUR iShares Core MSCI Europe ETF Reduce -1.6% 4.57% −0.30
JNPR Juniper Networks Inc. Sold out 0.00% −0.13
TPYP Managed Portfolio Series Sold out 0.00% −0.10
EWA iShares MSCI Australia ETF Reduce -0.0% 1.92% −0.10
SHV iShares 0-1 Year Treasury Bo Sold out 0.00% −0.10
INTU Intuit Inc. Reduce -0.9% 0.37% −0.09
AMLP Alerian MLP ETF Sold out 0.00% −0.09
IVV iShares Core S&P 500 ETF Reduce -1.1% 7.06% −0.09
SBUX Starbucks Corp. Sold out 0.00% −0.08
COST Costco Wholesale Corp. Reduce -3.5% 0.40% −0.08
CHTR Charter Communications Inc. Class A Sold out 0.00% −0.08
BBJP J P Morgan Exchange-Traded F Reduce -1.0% 3.47% −0.05
IEV iShares Europe ETF Reduce -0.9% 0.99% −0.05
EWJ iShares MSCI Japan ETF Reduce -0.7% 3.44% −0.05
MSTR Strategy Inc. Reduce -3.1% 0.11% −0.05
META Meta Platforms Inc. Class A Reduce -7.2% 0.24% −0.04
DHR Danaher Corp. Reduce -25.4% 0.09% −0.04
HD Home Depot Inc. Reduce -27.0% 0.11% −0.04
VOO Vanguard S&P 500 ETF Reduce -5.6% 0.28% −0.02
PNC PNC Financial Services Group Reduce -4.1% 0.22% −0.01
UNH Unitedhealth Group Inc. Reduce -2.9% 0.13% −0.00
GS Goldman Sachs Group Inc. Reduce -4.2% 0.41% −0.00
EWC iShares MSCI Canada ETF Reduce -0.7% 0.64% +0.00
GOOGL Alphabet Inc. Class A Reduce -18.2% 0.39% +0.02
SMOG Vaneck Low Carbon Energy ETF Reduce -0.3% 0.71% +0.05
AAXJ iShares MSCI All Country Asi Reduce -0.8% 3.60% +0.05
GLD SPDR Gold Shares Reduce -1.2% 1.26% +0.08
NVDA Nvidia Corp. Reduce -2.5% 1.96% +0.12
AAPL Apple Inc. Reduce -4.4% 1.70% +0.15

Portfolio Buys Q2 2025 → Q3 2025
IJS iShares S&P Small-Cap 600 Va Add +1.4% 12.24% +0.52
TSLA Tesla Inc. Add +38.5% 0.32% +0.14
ESGV Vanguard ESG US Stock ETF Add +8.8% 1.57% +0.13
SLYV SS SPDR S&P 600 SC Val ETF Add +1.4% 2.05% +0.09
CAT Caterpillar Inc. New 0.08% +0.08
NUSC Nuveen ESG Small-Cap ETF Add +5.0% 1.58% +0.08
SPY SS SPDR S&P 500 ETF Trust-US Add +1.2% 7.21% +0.08
KLAC KLA Corp. New 0.08% +0.08
AVGO Broadcom Inc. Add +28.9% 0.18% +0.05
IJR iShares Core S&P Small-Cap E Add +0.2% 4.27% +0.04
GNR State Street SPDR S&P Global Add +1.1% 1.26% +0.03
ICLN iShares Global Clean Energy Add +2.4% 0.18% +0.02
IWM iShares Russell 2000 ETF Add +0.0% 0.34% +0.01
IWO iShares Russell 2000 Growth Add +0.1% 0.30% +0.01
IWN iShares Russell 2000 Value E Add +0.3% 0.23% +0.01
VTI VG Morningstar TS MKT ETF-US Add +0.0% 6.97% +0.01
SLYG SS SPDR S&P 600 SC GR ETF Add +2.5% 0.68% +0.01
BBCA J P Morgan Exchange-Traded F Add +1.0% 0.28% +0.00
IQSU Nylim Cndrim US LC Eq ETF-Ui Add +0.3% 0.10% −0.00
IJH iShares Core S&P Midcap ETF Add +0.1% 0.08% −0.00
VSS Vanguard Ftse All Wo X-US SC Add +0.4% 0.20% −0.00
SCHH Schwab US REIT ETF Add +0.5% 0.07% −0.00
IYH iShares U.S. Healthcare ETF Add +0.3% 0.13% −0.00
T AT&T Inc. Add +0.1% 0.08% −0.01
FLOT iShares Floating Rate Bond E Add +0.9% 0.16% −0.01
BNDX Vanguard Total Intl Bond ETF Add +0.5% 0.15% −0.01
VNQ Vanguard Real Estate ETF Add +3.6% 0.82% −0.01
BWZ State Street SPDR Bloomberg Add +0.4% 0.20% −0.02
FREL Fidelity MSCI RL Est Indx Add +0.7% 0.62% −0.03
VUSB Vanguard Ultra Short Bond Et Add +6.3% 2.19% −0.03
BSV Vanguard Short-Term Bond ETF Add +0.7% 0.41% −0.03
IJT iShares S&P Small-Cap 600 GR Add +0.3% 5.41% −0.06
VGK Vanguard Ftse Europe ETF Add +1.3% 2.61% −0.09

Notes & Other Activity Q2 2025 → Q3 2025
ACONW Aclarion Inc. -CW27 *W EXP 04/21/202 New 56,000 $2K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$285.8MIJS, VTI, SPY, IJT, IVV
Q1 2026 107$256.6MIJS, VTI, SPY, IJT, IVV
Q4 2025 100$257.9MIJS, VTI, SPY, IVV, IJT
Q3 2025 106$275.7MIJS, SPY, IVV, VTI, IJT
Q2 2025 110$255.6MIJS, IVV, SPY, VTI, IJT
Q1 2025 100$220.3MIJS, SPY, VTI, IVV, IJT
Q4 2024 105$237.3MIJS, SPY, VTI, IJT, IVV
Q3 2024 104$237.0MIJS, SPY, VTI, IJT, IVV
Q2 2024 91$217.6MIJS, SPY, VTI, IJT, IVV
Q1 2024 97$219.5MIJS, SPY, VTI, IJT, IVV