Pallas Capital Advisors LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Pallas Capital Advisors LLC reported 870 stock positions worth $2.7 billion. Its top holding was Bruker (BRKR) at 11.3% of the portfolio, followed by Microsoft (MSFT, 3.0%) and Global Partners (GLP, 2.9%). Compared with Q2 2025, it opened 105 new positions, sold out of 93, added to 399 and reduced 316. The biggest buy was a new position in JPM Interntl Value ETF (JIVE) and the biggest sale Bruker (BRKR, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- BRAINTREE, MA
- CIK
- 0001862282
- Portfolio Value
- $2.7B (Q3 2025)
- SEC Filing
- 0001951757-25-001307 ↗ filed Nov 7, 2025
Holdings Value
Holdings 870 stocks · $2.7B
| BRKR Bruker Corp. | 11.33% | 9,480,551 | $308.0M | Reduce -0.2% |
| MSFT Microsoft Corp. | 2.97% | 155,744 | $80.7M | Add +1.8% |
| GLP Global Partners LP | 2.87% | 1,627,973 | $78.1M | No change |
| JMBS Janus Henderson Mortg Backed | 2.48% | 1,473,892 | $67.3M | Add +4.7% |
| AAPL Apple Inc. | 2.33% | 248,302 | $63.2M | Reduce -1.7% |
| NVDA Nvidia Corp. | 2.04% | 297,264 | $55.5M | Add +2.1% |
| AMZN Amazon.com Inc. | 1.85% | 229,635 | $50.4M | Reduce -2.7% |
| GOOGL Alphabet Inc. Class A | 1.53% | 171,329 | $41.7M | Reduce -1.4% |
| FBND Fidelity Total Bond ETF | 1.36% | 799,891 | $37.0M | Add +2.4% |
| AVGO Broadcom Inc. | 1.35% | 110,988 | $36.6M | Add +1.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.27% | 800,823 | $34.4M | Add +4.2% |
| JBND JPMorgan Active Bond ETF | 1.25% | 624,973 | $33.8M | Add +2.0% |
| DFIV Dimensional International Va | 1.20% | 708,314 | $32.7M | Add +4.3% |
| FENI Fidelity Enhanced Intl ETF | 1.18% | 907,024 | $32.0M | Add +5.6% |
| JPM JPMorgan Chase & Co. | 1.15% | 99,146 | $31.3M | Add +2.6% |
| DFAI Dimensional International Co. | 1.14% | 850,802 | $30.9M | Add +6.6% |
| BBIN JPM Betabuilders Intl Eqty filed as J P MORGAN EXCHANGE TRADED F | 1.13% | 439,015 | $30.8M | Add +7.4% |
| JIRE JPMorgan Int Res Enh Eqty | 1.02% | 376,660 | $27.7M | Add +7.2% |
| CLOA iShares Aaa Clo Act ETF-Usdi | 0.96% | 502,315 | $26.1M | Add +5.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.94% | 50,727 | $25.5M | Add +1.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.90% | 458,739 | $24.4M | Add +2.9% |
| JBBB Janus Henderson B-BBB Clo Et | 0.77% | 435,851 | $21.0M | Add +5.3% |
| SCMB Schwab Municipal Bond ETF | 0.74% | 780,936 | $20.0M | Add +3.4% |
| XOM Exxon Mobil Corp. | 0.72% | 173,492 | $19.6M | Reduce -1.0% |
| JEMA JPMorgan Activebuilders Emer | 0.71% | 408,024 | $19.4M | Add +3.8% |
| IVV iShares Core S&P 500 ETF | 0.71% | 28,827 | $19.3M | Add +2.1% |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | 0.71% | 507,496 | $19.3M | Add +4.4% |
| DFAE Dimensional Emerging Core Eq | 0.70% | 600,534 | $18.9M | Add +3.9% |
| JHEM John Hancock Multi Em MRK Et | 0.70% | 597,624 | $18.9M | Add +3.9% |
| ORCL Oracle Corp. | 0.67% | 65,199 | $18.3M | Reduce -1.6% |
| GOOG Alphabet Inc. Class C | 0.67% | 74,344 | $18.1M | Reduce -2.6% |
| FIX Comfort Systems USA Inc. | 0.63% | 20,605 | $17.0M | Reduce -3.8% |
| USIG iShares Broad Usd Investment | 0.62% | 324,489 | $16.9M | Add +4.6% |
| META Meta Platforms Inc. Class A | 0.62% | 22,887 | $16.8M | Add +5.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.61% | 114,587 | $16.6M | Reduce -1.4% |
| JNJ Johnson & Johnson | 0.60% | 88,418 | $16.4M | Add +0.5% |
| LIN Linde PLC | 0.60% | 34,420 | $16.3M | Reduce -3.3% |
| V Visa Inc. Class A | 0.59% | 47,159 | $16.1M | Reduce -7.4% |
| PG The Procter & Gamble Co. | 0.59% | 103,602 | $15.9M | Add +3.7% |
| MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E | 0.52% | 578,967 | $14.1M | Add +0.5% |
| LLY Eli Lilly & Co. | 0.50% | 17,927 | $13.7M | Add +1.4% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.48% | 393,039 | $13.1M | Add +57.6% |
| USFR Wisdomtree Floating Rate Tre | 0.45% | 242,788 | $12.2M | Add +4.1% |
| HYBL SS Blackstone High Inc. ETF | 0.45% | 425,571 | $12.2M | Add +4.4% |
| ABT Abbott Laboratories | 0.45% | 90,837 | $12.2M | Reduce -10.4% |
| IVW iShares S&P 500 Growth ETF | 0.44% | 99,808 | $12.0M | Add +2.2% |
| XLK SS Technology Select Sector | 0.44% | 42,563 | $12.0M | Reduce -0.7% |
| VPU Vanguard Utilities ETF | 0.41% | 59,082 | $11.2M | Add +1.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.40% | 409,430 | $10.8M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.39% | 11,523 | $10.7M | Reduce -4.9% |
| EMR Emerson Electric Co. | 0.39% | 80,737 | $10.6M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 202,987 | $10.5M | Add +2.2% |
| IEF iShares 7-10 Year Treasury B | 0.38% | 108,088 | $10.4M | Add +3.5% |
| LNG Cheniere Energy Inc. | 0.38% | 44,359 | $10.4M | Reduce -0.9% |
| DOV Dover Corp. | 0.38% | 61,278 | $10.2M | Add +0.0% |
| PNC PNC Financial Services Group | 0.37% | 50,413 | $10.1M | Add +0.9% |
| VST Vistra Corp. | 0.37% | 51,156 | $10.0M | Reduce -0.7% |
| RBLX Roblox Corp. Class A | 0.37% | 72,178 | $10.0M | Reduce -1.6% |
| JIVE JPM Interntl Value ETF filed as J P MORGAN EXCHANGE TRADED F | 0.36% | 129,744 | $9.8M | New |
| KO The Coca-Cola Co. | 0.36% | 145,912 | $9.7M | Add +1.9% |
| CRM Salesforce Inc. | 0.35% | 40,391 | $9.6M | Reduce -1.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 15,610 | $9.4M | Add +0.6% |
| RSP Invesco S&P 500 Equal Weight | 0.34% | 48,465 | $9.2M | Add +1.9% |
| SFLR Innovator Eqty MGD Floor ETF | 0.34% | 252,727 | $9.1M | Add +96.1% |
| MA Mastercard Inc. Class A | 0.33% | 15,680 | $8.9M | Add +0.2% |
| UBER Uber Technologies Inc. | 0.32% | 89,924 | $8.8M | Add +4.4% |
| ORLY O'reilly Automotive Inc. | 0.31% | 79,396 | $8.6M | Reduce -19.0% |
| VOO Vanguard S&P 500 ETF | 0.31% | 13,818 | $8.5M | Add +5.4% |
| MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E | 0.30% | 347,330 | $8.3M | Add +2.4% |
| PH Parker Hannifin Corp. | 0.30% | 10,744 | $8.1M | Add +0.7% |
| APP AppLovin Corp. Class A | 0.30% | 11,226 | $8.1M | Add +0.2% |
| J Jacobs Solutions Inc. | 0.29% | 52,704 | $7.9M | Add +0.1% |
| ZALT Innovator US Eq 10 Buffer | 0.29% | 243,281 | $7.8M | Add +4.4% |
| VTR Ventas Inc. | 0.28% | 107,619 | $7.5M | Add +1.0% |
| JQUA JPMorgan US Quality Factor | 0.27% | 118,663 | $7.5M | Add +2.0% |
| NFLX Netflix Inc. | 0.27% | 6,038 | $7.2M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 10,629 | $7.1M | Reduce -3.2% |
| SYK Stryker Corp. | 0.26% | 19,054 | $7.0M | Add +0.4% |
| ABBV Abbvie Inc. | 0.26% | 30,290 | $7.0M | Reduce -3.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.26% | 165,250 | $6.9M | Add +1.0% |
| RBUF Invv US SML C 10 B ETF-QRT | 0.25% | 240,356 | $6.9M | Add +7.2% |
| VGT Vanguard Info Tech ETF | 0.25% | 8,982 | $6.7M | Reduce -1.3% |
| TLT iShares 20+ Year Treasury BD | 0.24% | 73,957 | $6.6M | Add +6.1% |
| ETN Eaton Corp. PLC | 0.23% | 17,030 | $6.4M | Add +5.1% |
| DHR Danaher Corp. | 0.23% | 31,975 | $6.3M | Add +10.2% |
| MRVL Marvell Technology Inc. | 0.22% | 69,729 | $5.9M | Reduce -0.9% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 19,468 | $5.9M | Reduce -0.0% |
| NEE Nextera Energy Inc. | 0.21% | 76,865 | $5.8M | Add +2.9% |
| XLF SS Financial Select Sector | 0.21% | 105,874 | $5.7M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.21% | 67,242 | $5.6M | Add +14.9% |
| INTC Intel Corp. | 0.20% | 161,771 | $5.4M | Add +36.2% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.19% | 5,442 | $5.2M | Reduce -1.7% |
| CTVA Corteva Inc. | 0.19% | 74,923 | $5.1M | Add +5.3% |
| DTE DTE Energy Company | 0.18% | 34,385 | $4.9M | Add +1.1% |
| PWR Quanta Services Inc. | 0.18% | 11,643 | $4.8M | Reduce -0.7% |
| CACI Caci International Inc. Class A | 0.18% | 9,642 | $4.8M | Reduce -0.1% |
| AXSM Axsome Therapeutics Inc. | 0.18% | 39,444 | $4.8M | Add +4.4% |
| ARES Ares Management Corp. Class A | 0.18% | 29,777 | $4.8M | Add +1.1% |
| MCD McDonald's Corp. | 0.17% | 15,548 | $4.7M | Add +1.7% |
| PANW Palo Alto Networks Inc. | 0.17% | 23,085 | $4.7M | Reduce -16.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $19K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 19,000 | $19K | No change |
Total filed on the 13F, all lines: $2.7B.
Portfolio Sells Q2 2025 → Q3 2025
| BRKR Bruker Corp. | Reduce -0.2% | 11.33% | −3.58 |
| ADBE Adobe Inc. | Reduce -57.6% | 0.10% | −0.18 |
| ACN Accenture PLC Class A | Reduce -59.1% | 0.08% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -2.7% | 1.85% | −0.12 |
| FTNT Fortinet Inc. | Reduce -65.0% | 0.04% | −0.11 |
| PJAN Innovator U.S. Equity Power | Reduce -47.5% | 0.12% | −0.10 |
| V Visa Inc. Class A | Reduce -7.4% | 0.59% | −0.10 |
| KMX Carmax Inc. | Reduce -84.9% | 0.01% | −0.09 |
| ABT Abbott Laboratories | Reduce -10.4% | 0.45% | −0.08 |
| TXRH Texas Roadhouse Inc. | Reduce -51.1% | 0.06% | −0.08 |
| CRM Salesforce Inc. | Reduce -1.9% | 0.35% | −0.08 |
| COST Costco Wholesale Corp. | Reduce -4.9% | 0.39% | −0.06 |
| AIG American International Group | Reduce -43.2% | 0.06% | −0.06 |
| EXR Extra Space Storage Inc. | Reduce -46.8% | 0.05% | −0.05 |
| SNOW Snowflake Inc. | Reduce -23.1% | 0.16% | −0.05 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.05 |
| FMC FMC Corp. | Sold out | 0.00% | −0.05 |
| NOW ServiceNow Inc. | Reduce -33.3% | 0.07% | −0.05 |
| TT Trane Technologies PLC | Reduce -37.1% | 0.07% | −0.05 |
| PM Philip Morris International | Reduce -19.6% | 0.11% | −0.05 |
| CTAS Cintas Corp. | Reduce -47.0% | 0.04% | −0.05 |
| SBAC SBA Communications Corp. | Sold out | 0.00% | −0.05 |
| NFLX Netflix Inc. | Reduce -0.5% | 0.27% | −0.04 |
| PATH Uipath Inc. Class A | Reduce -83.2% | 0.01% | −0.04 |
| TEAM Atlassian Corp. Class A | Reduce -44.9% | 0.03% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -16.2% | 0.17% | −0.04 |
| GTLS Chart Industries Inc. | Reduce -36.8% | 0.11% | −0.04 |
| RHI Robert Half Inc. | Reduce -53.4% | 0.02% | −0.04 |
| BPMC Blueprint Medicines Corp. | Sold out | 0.00% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -59.0% | 0.01% | −0.03 |
| LIN Linde PLC | Reduce -3.3% | 0.60% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -49.9% | 0.02% | −0.03 |
| BXSL Blackstone Secured Lending F | Reduce -1.2% | 0.14% | −0.03 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −0.03 |
| HUN Huntsman Corp. | Reduce -73.3% | 0.01% | −0.03 |
| LNG Cheniere Energy Inc. | Reduce -0.9% | 0.38% | −0.03 |
| EEFT Euronet Worldwide Inc. | Sold out | 0.00% | −0.03 |
| AXS Axis Capital Holdings Ltd. | Reduce -21.2% | 0.07% | −0.03 |
| WING Wingstop Inc. | Reduce -50.3% | 0.02% | −0.03 |
| GWW WW Grainger Inc. | Reduce -1.7% | 0.19% | −0.03 |
| MNST Monster Beverage Corp. | Reduce -43.6% | 0.04% | −0.03 |
| CI The Cigna Group | Reduce -48.6% | 0.02% | −0.03 |
| ALSN Allison Transmission Holding | Reduce -68.3% | 0.01% | −0.03 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.03 |
| FIS Fidelity National Info Serv | Sold out | 0.00% | −0.03 |
| MKTX Marketaxess Holdings Inc. | Reduce -39.2% | 0.02% | −0.03 |
| GDDY GoDaddy Inc. Class A | Reduce -32.4% | 0.02% | −0.03 |
| VRSN Verisign Inc. | Reduce -6.6% | 0.17% | −0.02 |
| EQT Eqt Corp. | Reduce -58.5% | 0.01% | −0.02 |
| EXEL Exelixis Inc. | Reduce -24.4% | 0.05% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| JIVE JPM Interntl Value ETF | New | 0.36% | +0.36 |
| NVDA Nvidia Corp. | Add +2.1% | 2.04% | +0.29 |
| AVGO Broadcom Inc. | Add +1.3% | 1.35% | +0.20 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +57.6% | 0.48% | +0.18 |
| SFLR Innovator Eqty MGD Floor ETF | Add +96.1% | 0.34% | +0.17 |
| APP AppLovin Corp. Class A | Add +0.2% | 0.30% | +0.15 |
| INTC Intel Corp. | Add +36.2% | 0.20% | +0.10 |
| DFIV Dimensional International Va | Add +4.3% | 1.20% | +0.09 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +4.2% | 1.27% | +0.09 |
| JNJ Johnson & Johnson | Add +0.5% | 0.60% | +0.09 |
| FENI Fidelity Enhanced Intl ETF | Add +5.6% | 1.18% | +0.09 |
| DFAI Dimensional International Co. | Add +6.6% | 1.14% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +2.6% | 1.15% | +0.08 |
| BBIN JPM Betabuilders Intl Eqty | Add +7.4% | 1.13% | +0.08 |
| JIRE JPMorgan Int Res Enh Eqty | Add +7.2% | 1.02% | +0.07 |
| XSOE Wisdmtree Emerg MKT Ex-St Ow | Add +4.4% | 0.71% | +0.07 |
| PEP Pepsico Inc. | Add +69.0% | 0.16% | +0.07 |
| JEMA JPMorgan Activebuilders Emer | Add +3.8% | 0.71% | +0.07 |
| BBY Best Buy Co. Inc. | Add +262.5% | 0.09% | +0.07 |
| MSFT Microsoft Corp. | Add +1.8% | 2.97% | +0.07 |
| TSLA Tesla Inc. | Add +23.5% | 0.17% | +0.07 |
| CHWY Chewy Inc. Class A | New | 0.07% | +0.07 |
| FDX FedEx Corp. | Add +142.8% | 0.11% | +0.07 |
| MEDP Medpace Holdings Inc. | Add +154.1% | 0.09% | +0.07 |
| JMBS Janus Henderson Mortg Backed | Add +4.7% | 2.48% | +0.06 |
| DFAE Dimensional Emerging Core Eq | Add +3.9% | 0.70% | +0.06 |
| WMT Walmart Inc. | Add +99.6% | 0.11% | +0.06 |
| JHEM John Hancock Multi Em MRK Et | Add +3.9% | 0.70% | +0.06 |
| MTCH Match Group Inc. | Add +287.1% | 0.07% | +0.05 |
| MU Micron Technology Inc. | New | 0.05% | +0.05 |
| REGN Regeneron Pharmaceuticals | New | 0.05% | +0.05 |
| PCG P G & E Corp. | Add +85.2% | 0.10% | +0.05 |
| EG Everest Group Ltd. | Add +170.1% | 0.08% | +0.05 |
| CHTR Charter Communications Inc. Class A | New | 0.05% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +14.3% | 0.13% | +0.04 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +72.2% | 0.07% | +0.04 |
| ES Eversource Energy | New | 0.04% | +0.04 |
| MOS The Mosaic Co. | New | 0.04% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +2.1% | 0.71% | +0.04 |
| STE Steris PLC | New | 0.04% | +0.04 |
| TFX Teleflex Inc. | Add +196.0% | 0.06% | +0.04 |
| CNC Centene Corp. | Add +173.7% | 0.08% | +0.04 |
| BKR Baker Hughes Co. | Add +3.4% | 0.17% | +0.04 |
| WDC Western Digital Corp. | Add +0.3% | 0.08% | +0.04 |
| CMPR Cimpress PLC | Add +38.9% | 0.08% | +0.04 |
| NBIX Neurocrine Biosciences Inc. | Add +65.2% | 0.08% | +0.04 |
| DG Dollar General Corp. | New | 0.03% | +0.03 |
| IVW iShares S&P 500 Growth ETF | Add +2.2% | 0.44% | +0.03 |
| OVV Ovintiv Inc. | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | Add +14.9% | 0.21% | +0.03 |
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 |