Private Advisory Group LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Private Advisory Group LLC reported 212 stock positions worth $1.1 billion. Its top holding was Microsoft (MSFT) at 6.3% of the portfolio, followed by Nvidia (NVDA, 5.9%) and Apple (AAPL, 5.2%). Compared with Q2 2025, it opened 38 new positions, sold out of 26, added to 98 and reduced 66. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +57%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- REDMOND, WA
- CIK
- 0001632965
- Portfolio Value
- $1.1B (Q3 2025)
- SEC Filing
- 0001632965-25-000009 ↗ filed Nov 10, 2025
Holdings Value
Holdings 212 stocks · $1.1B
| MSFT Microsoft Corp. | 6.33% | 140,252 | $72.6M | Add +2.3% |
| NVDA Nvidia Corp. | 5.92% | 363,703 | $67.9M | Reduce -23.4% |
| AAPL Apple Inc. | 5.16% | 232,448 | $59.2M | Reduce -3.7% |
| AMZN Amazon.com Inc. | 3.65% | 190,682 | $41.9M | Reduce -3.8% |
| QQQ Invesco QQQ Trust Series 1 | 3.57% | 68,216 | $41.0M | Add +56.8% |
| GOOG Alphabet Inc. Class C | 3.04% | 143,381 | $34.9M | Reduce -18.9% |
| SGOV iShares 0-3 Month Treasury B | 2.53% | 287,826 | $29.0M | Add +69.6% |
| META Meta Platforms Inc. Class A | 2.44% | 38,166 | $28.0M | Reduce -12.3% |
| AVGO Broadcom Inc. | 2.10% | 72,867 | $24.0M | Reduce -26.3% |
| NFLX Netflix Inc. | 2.06% | 19,684 | $23.6M | Reduce -20.0% |
| TSLA Tesla Inc. | 1.95% | 50,193 | $22.3M | Add +3.1% |
| EUSA iShares MSCI USA Equal Weigh | 1.85% | 206,501 | $21.3M | Add +1.2% |
| COST Costco Wholesale Corp. | 1.75% | 21,647 | $20.0M | Reduce -25.8% |
| EWY iShares MSCI South Korea ETF | 1.71% | 245,149 | $19.6M | Reduce -22.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.50% | 34,149 | $17.2M | Add +23.1% |
| LLY Eli Lilly & Co. | 1.38% | 20,682 | $15.8M | Add +15.5% |
| ASML ASML Holding NV-NY Reg SHS | 1.33% | 15,792 | $15.3M | Add +3.3% |
| XOM Exxon Mobil Corp. | 1.29% | 131,448 | $14.8M | Add +36.2% |
| VYM Vanguard High DVD Yield ETF | 1.26% | 102,492 | $14.4M | Reduce -5.7% |
| FDM First Trust Dow J Select Mic | 1.21% | 182,544 | $13.8M | Add +6.0% |
| TSM Taiwan Semiconductor-SP ADR | 1.18% | 48,527 | $13.6M | Reduce -21.7% |
| JPM JPMorgan Chase & Co. | 1.18% | 42,778 | $13.5M | Reduce -3.3% |
| CEG Constellation Energy | 1.12% | 38,895 | $12.8M | Add +12.7% |
| CRWV Coreweave Inc. Class A | 1.11% | 92,881 | $12.7M | Add +16.9% |
| INTC Intel Corp. | 1.10% | 377,030 | $12.6M | New |
| ORCL Oracle Corp. | 1.07% | 43,772 | $12.3M | Reduce -34.5% |
| HAL Halliburton Co. | 1.01% | 468,739 | $11.5M | Add +35.1% |
| IJH iShares Core S&P Midcap ETF | 1.00% | 175,889 | $11.5M | Add +2.4% |
| NET Cloudflare Inc. Class A | 1.00% | 53,480 | $11.5M | Reduce -24.3% |
| AXP American Express Co. | 0.99% | 34,095 | $11.3M | Add +7.5% |
| MU Micron Technology Inc. | 0.98% | 67,464 | $11.3M | Reduce -13.9% |
| VRT Vertiv Holdings Co. Class A | 0.97% | 73,866 | $11.1M | Reduce -7.2% |
| XLRE SS Real Estate Select Sector | 0.95% | 259,324 | $10.9M | Add +25.9% |
| RKT Rocket Cos Inc. Class A | 0.91% | 539,942 | $10.5M | Reduce -9.9% |
| TGT Target Corp. | 0.91% | 116,410 | $10.4M | Add +16.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.90% | 185,816 | $10.3M | Add +3357.7% |
| AMD Advanced Micro Devices | 0.90% | 63,453 | $10.3M | Reduce -27.5% |
| POWL Powell Industries Inc. | 0.86% | 32,292 | $9.8M | New |
| GS Goldman Sachs Group Inc. | 0.85% | 12,287 | $9.8M | Reduce -10.2% |
| JBS JBS NV-A | 0.85% | 650,588 | $9.7M | Add +15.4% |
| MDLZ Mondelez International Inc. Class A | 0.85% | 155,180 | $9.7M | New |
| PG The Procter & Gamble Co. | 0.83% | 61,862 | $9.5M | Add +8.7% |
| IVV iShares Core S&P 500 ETF | 0.83% | 14,151 | $9.5M | Reduce -13.8% |
| VZ Verizon Communications Inc. | 0.82% | 213,804 | $9.4M | New |
| Z Zillow Group Inc. Class C | 0.80% | 119,637 | $9.2M | Add +4.8% |
| HQY Healthequity Inc. | 0.79% | 95,507 | $9.1M | New |
| RDVY First Trust Rising Dividend | 0.78% | 133,214 | $9.0M | Reduce -12.2% |
| BA The Boeing Co. | 0.75% | 40,120 | $8.7M | Add +0.4% |
| JHX James Hardie Ind PLC | 0.74% | 441,176 | $8.5M | Reduce -5.0% |
| GNRC Generac Holdings Inc. | 0.68% | 46,590 | $7.8M | New |
| SPSM SS SPDR P S&P 600 Small Cap | 0.67% | 165,274 | $7.7M | Add +2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.59% | 130,737 | $6.7M | Reduce -10.8% |
| BILZ PIMCO Ultra SHRT Govt Active | 0.52% | 58,607 | $5.9M | Add +357.4% |
| GVIP Gold Sachs Hedge Ind Vip ETF | 0.47% | 35,323 | $5.4M | Add +39.0% |
| GOOGL Alphabet Inc. Class A | 0.47% | 22,039 | $5.4M | Reduce -6.5% |
| XSHQ Invesco S&P Smallcap Quality | 0.45% | 118,990 | $5.1M | Add +53.9% |
| OILK Pros K-1 Free CR Oil ETF-Usd | 0.43% | 124,007 | $5.0M | New |
| XLK SS Technology Select Sector | 0.43% | 17,469 | $4.9M | Add +1.9% |
| HWM Howmet Aerospace Inc. | 0.40% | 23,584 | $4.6M | Add +3.5% |
| XLC SS Comm Select Sector SPDR | 0.40% | 38,838 | $4.6M | New |
| IJR iShares Core S&P Small-Cap E | 0.40% | 38,571 | $4.6M | Reduce -6.0% |
| IVW iShares S&P 500 Growth ETF | 0.40% | 37,687 | $4.5M | Reduce -2.5% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.39% | 91,161 | $4.5M | Add +71.4% |
| XLF SS Financial Select Sector | 0.36% | 75,994 | $4.1M | Add +10.8% |
| IWM iShares Russell 2000 ETF | 0.34% | 16,216 | $3.9M | Add +15.1% |
| TTWO Take-Two Interactive Softwre | 0.34% | 15,146 | $3.9M | Add +27.9% |
| GBIL Goldman Sachs Access Treasur | 0.31% | 35,721 | $3.6M | Reduce -40.1% |
| CERY SS SPDR BBG En RY CM St N-Ui | 0.31% | 124,784 | $3.6M | Add +70.0% |
| RSST Return Stacked US SM FTR ETF | 0.31% | 133,460 | $3.5M | Add +110.8% |
| GEV GE Vernova Inc. | 0.30% | 5,660 | $3.5M | Add +93.4% |
| VOO Vanguard S&P 500 ETF | 0.30% | 5,547 | $3.4M | Reduce -2.2% |
| MLPA Global X MLP ETF | 0.28% | 67,212 | $3.3M | Add +116.4% |
| VIG Vanguard Dividend Apprec ETF | 0.28% | 14,934 | $3.2M | Add +40.2% |
| FLOT iShares Floating Rate Bond E | 0.28% | 62,321 | $3.2M | Add +13.9% |
| FPE FT-Preferred Secur & Inc. ETF | 0.27% | 168,753 | $3.1M | Add +5.0% |
| HYLS FT Tactical High Yield ETF | 0.26% | 72,242 | $3.0M | Add +9.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.26% | 4,547 | $3.0M | Reduce -86.5% |
| FTSL First Trust Senior Loan ETF | 0.26% | 65,150 | $3.0M | Add +6.9% |
| RSP Invesco S&P 500 Equal Weight | 0.25% | 15,259 | $2.9M | Add +33.1% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 15,428 | $2.8M | Reduce -19.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.24% | 33,654 | $2.8M | Add +44.4% |
| TIP iShares Tips Bond ETF | 0.24% | 24,951 | $2.8M | Add +14.6% |
| RSSY Return Stacked US S&F YD ETF | 0.24% | 135,440 | $2.7M | Add +116.1% |
| HOOD Robinhood Markets Inc. Class A | 0.24% | 18,878 | $2.7M | Add +4.8% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.21% | 29,391 | $2.4M | Reduce -56.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.20% | 7,123 | $2.3M | Add +24.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.19% | 19,423 | $2.2M | Add +135.3% |
| EMB iShares JP Morgan Usd Emergi | 0.19% | 22,422 | $2.1M | Add +79.3% |
| RBLX Roblox Corp. Class A | 0.19% | 15,403 | $2.1M | Reduce -45.8% |
| AXIL Axil Brands Inc. | 0.18% | 334,756 | $2.1M | Add +10.2% |
| FTHY First Trust Hi YLD Opp 2027 | 0.18% | 145,001 | $2.1M | Reduce 0.0% |
| MTUM iShares MSCI USA Momentum Fa | 0.18% | 8,136 | $2.1M | Add +31.4% |
| CWB SS SPDR BB Conv Sec ETF | 0.18% | 22,489 | $2.0M | Add +28.5% |
| STX Seagate Technology Holdings | 0.18% | 8,581 | $2.0M | New |
| GE General Electric filed as GE AEROSPACE | 0.17% | 6,647 | $2.0M | Reduce -16.0% |
| RCL Royal Caribbean Cruises Ltd. | 0.16% | 5,646 | $1.8M | Reduce -19.6% |
| FOXA Fox Corp. Class A | 0.13% | 24,252 | $1.5M | Add +2.1% |
| SOFI Sofi Technologies Inc. | 0.13% | 57,356 | $1.5M | New |
| CELH Celsius Holdings Inc. | 0.13% | 26,262 | $1.5M | Reduce -16.3% |
| DVOL First Trust DW Momtm & Low | 0.12% | 40,389 | $1.4M | Add +26.4% |
Options reported separately and not counted above: IWM calls ($30.9M), MSFT calls ($28.3M), MSFT puts ($7.9M), AAPL calls ($2.1M), NVDA calls ($578K).
Portfolio Sells Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -86.5% | 0.26% | −1.69 |
| UNH Unitedhealth Group Inc. | Reduce -98.2% | 0.02% | −1.20 |
| NVDA Nvidia Corp. | Reduce -23.4% | 5.92% | −1.11 |
| NFLX Netflix Inc. | Reduce -20.0% | 2.06% | −1.03 |
| COST Costco Wholesale Corp. | Reduce -25.8% | 1.75% | −0.96 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -94.0% | 0.05% | −0.81 |
| RH RH | Reduce -96.8% | 0.02% | −0.69 |
| VFC VF Corp. | Reduce -98.0% | 0.01% | −0.56 |
| META Meta Platforms Inc. Class A | Reduce -12.3% | 2.44% | −0.56 |
| AVGO Broadcom Inc. | Reduce -26.3% | 2.10% | −0.45 |
| JHX James Hardie Ind PLC | Reduce -5.0% | 0.74% | −0.43 |
| AMZN Amazon.com Inc. | Reduce -3.8% | 3.65% | −0.42 |
| EWY iShares MSCI South Korea ETF | Reduce -22.0% | 1.71% | −0.40 |
| RSPN Invesco S&P 500 Equal Weight | Sold out | 0.00% | −0.35 |
| BOXX Alpha Architect 1-3 MNTH Box | Reduce -93.1% | 0.02% | −0.32 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -56.3% | 0.21% | −0.30 |
| NET Cloudflare Inc. Class A | Reduce -24.3% | 1.00% | −0.29 |
| ORCL Oracle Corp. | Reduce -34.5% | 1.07% | −0.29 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.27 |
| AMD Advanced Micro Devices | Reduce -27.5% | 0.90% | −0.27 |
| GBIL Goldman Sachs Access Treasur | Reduce -40.1% | 0.31% | −0.25 |
| MSTR Strategy Inc. | Sold out | 0.00% | −0.23 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.16 |
| FV First Trust DW Focus 5 Fund | Reduce -83.4% | 0.03% | −0.14 |
| FDD First Trust Stoxx Europe | Sold out | 0.00% | −0.13 |
| FKU First Trust United Kingdom | Sold out | 0.00% | −0.13 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -21.7% | 1.18% | −0.13 |
| IVV iShares Core S&P 500 ETF | Reduce -13.8% | 0.83% | −0.13 |
| MMM 3M Co. | Sold out | 0.00% | −0.12 |
| CVSA Covista Inc. | Sold out | 0.00% | −0.12 |
| GDDY GoDaddy Inc. Class A | Sold out | 0.00% | −0.12 |
| RDVY First Trust Rising Dividend | Reduce -12.2% | 0.78% | −0.11 |
| FGM First Trust Germany | Sold out | 0.00% | −0.11 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -74.3% | 0.03% | −0.10 |
| CHEF The Chefs' Warehouse Inc. | Sold out | 0.00% | −0.10 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.10 |
| VYM Vanguard High DVD Yield ETF | Reduce -5.7% | 1.26% | −0.10 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.10 |
| BJ Bj's Wholesale Club Holdings | Sold out | 0.00% | −0.09 |
| RBLX Roblox Corp. Class A | Reduce -45.8% | 0.19% | −0.09 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.09 |
| LRN Stride Inc. | Sold out | 0.00% | −0.09 |
| FEP First Trust Europe | Reduce -54.8% | 0.06% | −0.08 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.07 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.07 |
| BAC Bank of America Corp. | Reduce -10.8% | 0.59% | −0.06 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −0.06 |
| NRG NRG Energy Inc. | Reduce -39.0% | 0.08% | −0.06 |
| PIZ Invesco Dorsey Wright Develo | Reduce -61.0% | 0.03% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -10.2% | 0.85% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| QQQ Invesco QQQ Trust Series 1 | Add +56.8% | 3.57% | +1.32 |
| INTC Intel Corp. | New | 1.10% | +1.10 |
| SGOV iShares 0-3 Month Treasury B | Add +69.6% | 2.53% | +0.93 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +3357.7% | 0.90% | +0.86 |
| POWL Powell Industries Inc. | New | 0.86% | +0.86 |
| MDLZ Mondelez International Inc. Class A | New | 0.85% | +0.85 |
| VZ Verizon Communications Inc. | New | 0.82% | +0.82 |
| HQY Healthequity Inc. | New | 0.79% | +0.79 |
| GNRC Generac Holdings Inc. | New | 0.68% | +0.68 |
| TSLA Tesla Inc. | Add +3.1% | 1.95% | +0.50 |
| OILK Pros K-1 Free CR Oil ETF-Usd | New | 0.43% | +0.43 |
| XLC SS Comm Select Sector SPDR | New | 0.40% | +0.40 |
| BILZ PIMCO Ultra SHRT Govt Active | Add +357.4% | 0.52% | +0.40 |
| HAL Halliburton Co. | Add +35.1% | 1.01% | +0.34 |
| XOM Exxon Mobil Corp. | Add +36.2% | 1.29% | +0.32 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +23.1% | 1.50% | +0.24 |
| ASML ASML Holding NV-NY Reg SHS | Add +3.3% | 1.33% | +0.19 |
| STX Seagate Technology Holdings | New | 0.18% | +0.18 |
| RSST Return Stacked US SM FTR ETF | Add +110.8% | 0.31% | +0.17 |
| GEV GE Vernova Inc. | Add +93.4% | 0.30% | +0.16 |
| XLRE SS Real Estate Select Sector | Add +25.9% | 0.95% | +0.15 |
| XSHQ Invesco S&P Smallcap Quality | Add +53.9% | 0.45% | +0.15 |
| KNG FT Vest S&P 500 DVD Arst TRG | Add +71.4% | 0.39% | +0.15 |
| GVIP Gold Sachs Hedge Ind Vip ETF | Add +39.0% | 0.47% | +0.14 |
| MLPA Global X MLP ETF | Add +116.4% | 0.28% | +0.14 |
| SOFI Sofi Technologies Inc. | New | 0.13% | +0.13 |
| RSSY Return Stacked US S&F YD ETF | Add +116.1% | 0.24% | +0.13 |
| CERY SS SPDR BBG En RY CM St N-Ui | Add +70.0% | 0.31% | +0.12 |
| FIX Comfort Systems USA Inc. | New | 0.12% | +0.12 |
| RPG Invesco S&P 500 Pure Growth | New | 0.11% | +0.11 |
| MCHP Microchip Technology Inc. | New | 0.11% | +0.11 |
| ALAB Astera Labs Inc. | New | 0.11% | +0.11 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +135.3% | 0.19% | +0.10 |
| CCJ Cameco Corp. | New | 0.08% | +0.08 |
| HOOD Robinhood Markets Inc. Class A | Add +4.8% | 0.24% | +0.08 |
| EMB iShares JP Morgan Usd Emergi | Add +79.3% | 0.19% | +0.08 |
| VIG Vanguard Dividend Apprec ETF | Add +40.2% | 0.28% | +0.08 |
| FPX First Trust US Equity Opport | New | 0.08% | +0.08 |
| JBS JBS NV-A | Add +15.4% | 0.85% | +0.08 |
| FAD First Trust Multi Cap Growth | New | 0.07% | +0.07 |
| FTC First Trust Large Cap Growth | New | 0.07% | +0.07 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +200.1% | 0.11% | +0.07 |
| CEG Constellation Energy | Add +12.7% | 1.12% | +0.07 |
| VITL Vital Farms Inc. | New | 0.07% | +0.07 |
| TTWO Take-Two Interactive Softwre | Add +27.9% | 0.34% | +0.07 |
| LLY Eli Lilly & Co. | Add +15.5% | 1.38% | +0.07 |
| SHY iShares 1-3 Year Treasury Bo | Add +44.4% | 0.24% | +0.06 |
| RDDT Reddit Inc. Class A | New | 0.06% | +0.06 |
| RSP Invesco S&P 500 Equal Weight | Add +33.1% | 0.25% | +0.06 |
| IWM iShares Russell 2000 ETF | Add +15.1% | 0.34% | +0.06 |
Options Activity Q2 2025 → Q3 2025
| IWM iShares Russell 2000 ETF | call | New | 127,600 | $30.9M |
| MSFT Microsoft Corp. | call | New | 54,600 | $28.3M |
| XLE SS Energy Select Sector | call | Sold out | 191,400 | $16.2Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 15,500 | $9.6Mbefore exit |
| MSFT Microsoft Corp. | put | New | 15,200 | $7.9M |
| AAPL Apple Inc. | call | Reduce -81.2% | 8,100 | $2.1M |
| NVDA Nvidia Corp. | call | Reduce -72.6% | 3,100 | $578K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 287 | $1.8B | NVDA, AAPL, GOOG, QQQ, AMZN |
| Q1 2026 | 272 | $1.4B | MSFT, NVDA, AAPL, GOOG, AMZN |
| Q4 2025 | 249 | $1.3B | MSFT, NVDA, AAPL, AMZN, QQQ |
| Q3 2025 | 212 | $1.1B | MSFT, NVDA, AAPL, AMZN, QQQ |
| Q2 2025 | 200 | $1.1B | NVDA, MSFT, AAPL, AMZN, NFLX |
| Q1 2025 | 189 | $875.6M | AAPL, MSFT, NVDA, AMZN, LLY |
| Q4 2024Amended | 212 | $892.7M | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q3 2024 | 195 | $793.8M | MSFT, AAPL, NVDA, META, AMZN |
| Q2 2024 | 169 | $761.3M | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2024 | 178 | $701.0M | MSFT, AMZN, AAPL, META, GOOG |