Pallas Capital Advisors LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 25, 2024), Pallas Capital Advisors LLC reported 595 stock positions worth $2.3 billion. Its top holding was Bruker (BRKR) at 23.7% of the portfolio, followed by Global Partners (GLP, 3.0%) and Microsoft (MSFT, 2.7%). Compared with Q2 2024, it opened 138 new positions, sold out of 44, added to 268 and reduced 167. The biggest buy was Fidelity Total Bond ETF (FBND, shares +81%) and the biggest sale Pri Spe Pre Sec Acti-Usd (PREF, shares −76%).
- Most Recent 13F
- Q2 2026
- Location
- BRAINTREE, MA
- CIK
- 0001862282
- Portfolio Value
- $2.3B (Q3 2024)
- SEC Filing
- 0001951757-24-001126 ↗ filed Oct 25, 2024
Holdings Value
Holdings 595 stocks · $2.3B
| BRKR Bruker Corp. | 23.69% | 9,483,688 | $553.8M | Add +0.0% |
| GLP Global Partners LP | 3.02% | 1,481,980 | $70.6M | No change |
| MSFT Microsoft Corp. | 2.75% | 151,292 | $64.3M | Add +1.8% |
| FBND Fidelity Total Bond ETF | 2.32% | 1,184,782 | $54.3M | Add +81.3% |
| AAPL Apple Inc. | 2.21% | 223,982 | $51.6M | Add +3.4% |
| AMZN Amazon.com Inc. | 1.92% | 240,458 | $44.8M | Add +3.0% |
| JBND JPMorgan Active Bond ETF | 1.80% | 789,734 | $42.1M | Add +8.6% |
| JMBS Janus Henderson Mortg Backed | 1.30% | 672,961 | $30.5M | Add +244.4% |
| GOOGL Alphabet Inc. Class A | 1.23% | 176,833 | $28.8M | Add +1.6% |
| VMBS Vanguard Mortgage-Backed Sec | 1.20% | 609,140 | $28.0M | Add +8.6% |
| NVDA Nvidia Corp. | 1.17% | 195,391 | $27.4M | Add +4.5% |
| MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E | 1.04% | 1,000,528 | $24.2M | Add +5.5% |
| AVGO Broadcom Inc. | 1.02% | 139,817 | $24.0M | Reduce -89.3% |
| JPM JPMorgan Chase & Co. | 1.02% | 106,421 | $23.9M | Add +3.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.00% | 51,137 | $23.4M | Reduce -2.5% |
| XOM Exxon Mobil Corp. | 0.93% | 181,884 | $21.8M | Reduce -2.0% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.84% | 379,908 | $19.7M | Add +144.1% |
| IQLT iShares MSCI International Q | 0.78% | 458,095 | $18.2M | Add +8.7% |
| IEF iShares 7-10 Year Treasury B | 0.78% | 190,514 | $18.1M | Reduce -8.0% |
| GSIE Goldman Sachs Activebeta Int | 0.77% | 519,909 | $18.1M | Add +8.6% |
| DFAI Dimensional International Co. | 0.76% | 584,273 | $17.8M | Add +8.6% |
| BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F | 0.75% | 292,783 | $17.6M | Add +9.6% |
| XLK SS Technology Select Sector | 0.73% | 74,002 | $17.0M | Reduce -2.4% |
| LIN Linde PLC | 0.72% | 35,458 | $16.8M | Add +1.1% |
| IVV iShares Core S&P 500 ETF | 0.70% | 28,301 | $16.5M | Reduce -2.9% |
| PG The Procter & Gamble Co. | 0.70% | 96,654 | $16.4M | Add +5.0% |
| FIVA Fidelity Intl Val Fact ETF | 0.70% | 637,333 | $16.3M | Add +0.6% |
| JIRE JPMorgan Int Res Enh Eqty | 0.68% | 251,153 | $15.9M | Reduce -2.5% |
| LLY Eli Lilly & Co. | 0.64% | 16,686 | $14.9M | Add +8.6% |
| DFAE Dimensional Emerging Core Eq | 0.60% | 527,720 | $14.1M | Add +2.3% |
| V Visa Inc. Class A | 0.58% | 48,025 | $13.6M | Add +7.3% |
| GOOG Alphabet Inc. Class C | 0.54% | 77,236 | $12.7M | Reduce -6.2% |
| JNJ Johnson & Johnson | 0.54% | 77,610 | $12.7M | Add +1.0% |
| SCMB Schwab Municipal Bond ETF | 0.53% | 481,159 | $12.4M | Add +220.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.52% | 105,457 | $12.0M | Add +1.7% |
| ORCL Oracle Corp. | 0.49% | 65,717 | $11.5M | Add +16.1% |
| ABT Abbott Laboratories | 0.48% | 97,031 | $11.3M | Add +6.1% |
| UNH Unitedhealth Group Inc. | 0.48% | 20,154 | $11.3M | Reduce -2.9% |
| META Meta Platforms Inc. Class A | 0.47% | 19,524 | $11.1M | Add +12.8% |
| AMAT Applied Materials Inc. | 0.47% | 60,313 | $11.1M | Reduce -1.0% |
| USIG iShares Broad Usd Investment | 0.45% | 205,099 | $10.5M | Add +106.5% |
| CRM Salesforce Inc. | 0.45% | 36,658 | $10.5M | Reduce -1.0% |
| XLV SS Health Care Select Sector | 0.43% | 67,423 | $10.1M | Add +6.8% |
| JHEM John Hancock Multi Em MRK Et | 0.43% | 360,574 | $10.1M | Add +4.9% |
| JEMA JPMorgan Activebuilders Emer | 0.43% | 250,321 | $10.0M | Add +6.7% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.43% | 307,404 | $10.0M | Add +4.6% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.42% | 409,395 | $9.8M | Add +189.4% |
| VPU Vanguard Utilities ETF | 0.41% | 54,374 | $9.5M | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.41% | 10,625 | $9.5M | Add +2.4% |
| DFIV Dimensional International Va | 0.40% | 252,479 | $9.3M | Add +12.0% |
| DOV Dover Corp. | 0.40% | 50,417 | $9.3M | Add +1.6% |
| KO The Coca-Cola Co. | 0.40% | 138,417 | $9.3M | Add +1.8% |
| SCHF Schwab Intl Equity ETF | 0.40% | 468,099 | $9.2M | Add +125.1% |
| VTR Ventas Inc. | 0.37% | 132,514 | $8.7M | Reduce -6.3% |
| XLF SS Financial Select Sector | 0.37% | 184,582 | $8.7M | Reduce -4.3% |
| ADBE Adobe Inc. | 0.37% | 17,729 | $8.6M | Reduce -3.9% |
| VST Vistra Corp. | 0.37% | 68,138 | $8.6M | Reduce -7.3% |
| EMR Emerson Electric Co. | 0.36% | 78,654 | $8.5M | Add +5.5% |
| FIX Comfort Systems USA Inc. | 0.35% | 19,599 | $8.1M | Add +7.4% |
| ORLY O'reilly Automotive Inc. | 0.35% | 6,751 | $8.1M | Reduce -4.9% |
| LNG Cheniere Energy Inc. | 0.34% | 43,136 | $8.0M | Reduce -1.1% |
| MRK Merck & Co. Inc. | 0.34% | 75,894 | $8.0M | Add +9.9% |
| MA Mastercard Inc. Class A | 0.33% | 15,260 | $7.8M | Add +4.4% |
| MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E | 0.33% | 322,198 | $7.7M | Add +4.7% |
| PEP Pepsico Inc. | 0.33% | 44,840 | $7.7M | Add +9.8% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.33% | 213,574 | $7.7M | Reduce -5.2% |
| SYK Stryker Corp. | 0.32% | 20,989 | $7.6M | Add +0.2% |
| XLI SS Industrial Select Sector | 0.32% | 54,350 | $7.4M | Reduce -1.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.31% | 14,944 | $7.4M | Add +4.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 12,700 | $7.4M | Reduce -2.0% |
| AMGN Amgen Inc. | 0.31% | 22,966 | $7.3M | Reduce -3.1% |
| RSP Invesco S&P 500 Equal Weight | 0.30% | 38,801 | $6.9M | Add +5.0% |
| ACN Accenture PLC Class A | 0.30% | 19,001 | $6.9M | Add +8.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 156,955 | $6.7M | Add +21.1% |
| QCOM Qualcomm Inc. | 0.28% | 39,478 | $6.6M | Add +16.7% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.28% | 6,109 | $6.6M | Reduce -1.4% |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 11,752 | $6.6M | Add +0.7% |
| PH Parker Hannifin Corp. | 0.28% | 10,345 | $6.5M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 0.28% | 12,123 | $6.5M | Reduce -1.2% |
| PREF Pri Spe Pre Sec Acti-Usd Inc. | 0.27% | 342,996 | $6.4M | Reduce -76.2% |
| CAT Caterpillar Inc. | 0.27% | 16,312 | $6.3M | Reduce -6.6% |
| J Jacobs Solutions Inc. | 0.27% | 44,478 | $6.3M | Add +3.6% |
| GDEC FT Vest US Equity Moderate B | 0.27% | 188,106 | $6.3M | Add +23.6% |
| NEE Nextera Energy Inc. | 0.26% | 74,203 | $6.1M | Reduce -2.1% |
| AVDV Avantis Intl S/C Value ETF | 0.26% | 90,185 | $6.1M | Reduce -3.7% |
| USFR Wisdomtree Floating Rate Tre | 0.26% | 119,356 | $6.0M | Add +7.4% |
| TLT iShares 20+ Year Treasury BD | 0.25% | 64,171 | $5.9M | Add +15.2% |
| ABBV Abbvie Inc. | 0.24% | 30,100 | $5.7M | Reduce -1.0% |
| VGT Vanguard Info Tech ETF | 0.24% | 9,498 | $5.7M | Reduce -3.4% |
| XLY SS Consumer Disc Select Sect | 0.24% | 28,300 | $5.7M | Add +1.7% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.24% | 92,470 | $5.6M | Reduce -3.2% |
| SCHD Schwab US DVD Equity ETF | 0.22% | 185,228 | $5.2M | Add +191.5% |
| CACI Caci International Inc. Class A | 0.22% | 9,112 | $5.0M | Reduce -4.3% |
| TRGP Targa Resources Corp. | 0.21% | 29,615 | $5.0M | Reduce -1.2% |
| ESGE iShares Inc. iShares ESG Awar | 0.21% | 139,169 | $5.0M | Reduce -5.4% |
| XLC SS Comm Select Sector SPDR | 0.21% | 54,447 | $4.9M | Reduce -3.7% |
| ETN Eaton Corp. PLC | 0.21% | 14,261 | $4.9M | Add +675.0% |
| ARES Ares Management Corp. Class A | 0.21% | 28,792 | $4.9M | Reduce -3.3% |
| GEM Goldman Sachs Activebeta Em | 0.21% | 142,305 | $4.9M | Reduce -5.8% |
| PNC PNC Financial Services Group | 0.20% | 24,668 | $4.7M | Add +8.8% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $64K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 25,000 | $24K | No change |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 22,000 | $22K | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 19,000 | $18K | No change |
Total filed on the 13F, all lines: $2.3B.
Portfolio Sells Q2 2024 → Q3 2024
| PREF Pri Spe Pre Sec Acti-Usd Inc. | Reduce -76.2% | 0.27% | −0.92 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.69 |
| JBBB Janus Henderson B-BBB Clo Et | Reduce -94.0% | 0.03% | −0.42 |
| CMCSA Comcast Corp. Class A | Reduce -71.3% | 0.10% | −0.25 |
| VNLA Janus Henderson Short Durati | Sold out | 0.00% | −0.18 |
| SUB iShares Short-Term National | Reduce -62.8% | 0.09% | −0.17 |
| AMAT Applied Materials Inc. | Reduce -1.0% | 0.47% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -6.2% | 0.54% | −0.12 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.11 |
| IEF iShares 7-10 Year Treasury B | Reduce -8.0% | 0.78% | −0.11 |
| ADBE Adobe Inc. | Reduce -3.9% | 0.37% | −0.10 |
| IYT iShares US Transportation Et | Sold out | 0.00% | −0.08 |
| UPS United Parcel Service Class B | Reduce -60.2% | 0.05% | −0.08 |
| ON On Semiconductor | Sold out | 0.00% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -2.0% | 0.93% | −0.06 |
| HOLX Hologic Inc. | Reduce -84.7% | 0.01% | −0.06 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -51.4% | 0.06% | −0.06 |
| JIRE JPMorgan Int Res Enh Eqty | Reduce -2.5% | 0.68% | −0.06 |
| IGM iShares Expanded Tech Sector | Sold out | 0.00% | −0.06 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.05 |
| DE Deere & Co. | Reduce -52.4% | 0.05% | −0.05 |
| CMPR Cimpress PLC | Sold out | 0.00% | −0.05 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.05 |
| NDSN Nordson Corp. | Sold out | 0.00% | −0.05 |
| DPZ Domino's Pizza Inc. | Sold out | 0.00% | −0.05 |
| IYW iShares Ustechnology ETF | Reduce -48.5% | 0.05% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -2.9% | 0.48% | −0.04 |
| AMGN Amgen Inc. | Reduce -3.1% | 0.31% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.5% | 1.00% | −0.04 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -40.0% | 0.06% | −0.04 |
| XLK SS Technology Select Sector | Reduce -2.4% | 0.73% | −0.04 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -5.2% | 0.33% | −0.04 |
| ARCC Ares Capital Corp. | Reduce -29.3% | 0.07% | −0.03 |
| SRLN SS Blackstone Sr Loan ETF | Reduce -42.5% | 0.04% | −0.03 |
| CI The Cigna Group | Reduce -37.2% | 0.04% | −0.03 |
| HDV iShares Core High Dividend E | Sold out | 0.00% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -33.8% | 0.05% | −0.03 |
| DXCM Dexcom Inc. | Sold out | 0.00% | −0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -43.0% | 0.02% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -2.9% | 0.70% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Reduce -48.6% | 0.03% | −0.02 |
| AVDV Avantis Intl S/C Value ETF | Reduce -3.7% | 0.26% | −0.02 |
| OCSL Oaktree Specialty Lending Co. | Reduce -49.6% | 0.02% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -57.1% | 0.02% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -42.5% | 0.03% | −0.02 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -50.9% | 0.02% | −0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.02 |
| SNOW Snowflake Inc. | Reduce -50.7% | 0.01% | −0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Sold out | 0.00% | −0.02 |
| DKS Dick's Sporting Goods Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| FBND Fidelity Total Bond ETF | Add +81.3% | 2.32% | +0.98 |
| JMBS Janus Henderson Mortg Backed | Add +244.4% | 1.30% | +0.91 |
| CLOA iShares Aaa Clo Act ETF-Usdi | Add +144.1% | 0.84% | +0.48 |
| USIG iShares Broad Usd Investment | Add +106.5% | 0.45% | +0.22 |
| TT Trane Technologies PLC | New | 0.19% | +0.19 |
| ETN Eaton Corp. PLC | Add +675.0% | 0.21% | +0.18 |
| SCMB Schwab Municipal Bond ETF | Add +220.0% | 0.53% | +0.18 |
| NVDA Nvidia Corp. | Add +4.5% | 1.17% | +0.15 |
| ORCL Oracle Corp. | Add +16.1% | 0.49% | +0.14 |
| DIS The Walt Disney Co. | Add +729.0% | 0.15% | +0.13 |
| VZ Verizon Communications Inc. | Add +506.3% | 0.15% | +0.13 |
| META Meta Platforms Inc. Class A | Add +12.8% | 0.47% | +0.10 |
| FIX Comfort Systems USA Inc. | Add +7.4% | 0.35% | +0.10 |
| ABT Abbott Laboratories | Add +6.1% | 0.48% | +0.07 |
| CME Cme Group Inc. | New | 0.07% | +0.07 |
| JBND JPMorgan Active Bond ETF | Add +8.6% | 1.80% | +0.07 |
| VICI Vici Properties Inc. | Add +73.3% | 0.13% | +0.06 |
| MCD McDonald's Corp. | Add +29.3% | 0.19% | +0.06 |
| JPM JPMorgan Chase & Co. | Add +3.9% | 1.02% | +0.05 |
| ZM Zoom Communications Inc. | New | 0.05% | +0.05 |
| APP AppLovin Corp. Class A | Add +3.0% | 0.11% | +0.05 |
| RRX Regal Rexnord Corp. | Add +43.5% | 0.14% | +0.05 |
| LLY Eli Lilly & Co. | Add +8.6% | 0.64% | +0.05 |
| GTLB Gitlab Inc. Class A | New | 0.05% | +0.05 |
| DELL Dell Technologies -C | New | 0.05% | +0.05 |
| FTNT Fortinet Inc. | Add +79.5% | 0.08% | +0.04 |
| GDEC FT Vest US Equity Moderate B | Add +23.6% | 0.27% | +0.04 |
| PANW Palo Alto Networks Inc. | Add +19.7% | 0.18% | +0.04 |
| V Visa Inc. Class A | Add +7.3% | 0.58% | +0.04 |
| ILMN Illumina Inc. | New | 0.04% | +0.04 |
| DVY iShares Select Dividend ETF | Add +51.3% | 0.11% | +0.04 |
| MA Mastercard Inc. Class A | Add +4.4% | 0.33% | +0.04 |
| CCK Crown Holdings Inc. | New | 0.04% | +0.04 |
| GWRE Guidewire Software Inc. | Add +219.5% | 0.05% | +0.04 |
| VMBS Vanguard Mortgage-Backed Sec | Add +8.6% | 1.20% | +0.04 |
| ACN Accenture PLC Class A | Add +8.1% | 0.30% | +0.04 |
| BAC Bank of America Corp. | Add +21.1% | 0.29% | +0.04 |
| HWM Howmet Aerospace Inc. | Add +182.8% | 0.05% | +0.03 |
| IVZ Invesco Ltd. | New | 0.03% | +0.03 |
| XEL Xcel Energy Inc. | Add +56.7% | 0.08% | +0.03 |
| PGR Progressive Corp. | Add +121.3% | 0.06% | +0.03 |
| SAM Boston Beer Company Inc. Class A | Add +323.5% | 0.04% | +0.03 |
| CCL Carnival Corp. | New | 0.03% | +0.03 |
| PATH Uipath Inc. Class A | New | 0.03% | +0.03 |
| PYPL PayPal Holdings Inc. | New | 0.03% | +0.03 |
| FIS Fidelity National Info Serv | New | 0.03% | +0.03 |
| TRU Transunion | New | 0.03% | +0.03 |
| APPF Appfolio Inc. Class A | New | 0.03% | +0.03 |
| IQLT iShares MSCI International Q | Add +8.7% | 0.78% | +0.03 |
| GSIE Goldman Sachs Activebeta Int | Add +8.6% | 0.77% | +0.03 |
Notes & Other Activity Q2 2024 → Q3 2024
| AGMIT MERGER SUB LLC (MITT 6.75 09/15/24) | NOTE 6.750% 9/1 · principal | Sold out | 25,000 | $25Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,034 | $3.2B | BRKR, GLP, JMBS, NVDA, AAPL |
| Q1 2026 | 862 | $2.7B | BRKR, GLP, JMBS, MSFT, AAPL |
| Q4 2025 | 882 | $3.0B | BRKR, JMBS, MSFT, GLP, AAPL |
| Q3 2025 | 870 | $2.7B | BRKR, MSFT, GLP, JMBS, AAPL |
| Q2 2025 | 858 | $2.6B | BRKR, GLP, MSFT, JMBS, AAPL |
| Q1 2025 | 762 | $2.4B | BRKR, GLP, AAPL, MSFT, JMBS |
| Q4 2024 | 580 | $2.3B | BRKR, GLP, MSFT, AAPL, AMZN |
| Q3 2024 | 595 | $2.3B | BRKR, GLP, MSFT, FBND, AAPL |
| Q2 2024 | 500 | $2.2B | BRKR, MSFT, GLP, AAPL, AMZN |
| Q1 2024 | 428 | $2.4B | BRKR, GLP, MSFT, AMZN, JBND |