Private Client Services, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 8, 2025), Private Client Services, LLC reported 185 stock positions worth $202.2 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.6% of the portfolio, followed by Invesco S&P 500 Equal Weight (RSP, 4.1%) and iShares S&P 100 ETF (OEF, 3.6%). Compared with Q4 2024, it opened 27 new positions, sold out of 28, added to 90 and reduced 59. The biggest buy was a new position in Innovator U.S. Equity Ultra (UDEC) and the biggest sale FT Vest US Equity Moderate B (GOCT, shares −94%).
- Most Recent 13F
- Q2 2026
- Location
- LOUISVILLE, KY
- CIK
- 0001457005
- Portfolio Value
- $202.2M (Q1 2025)
- SEC Filing
- 0001457005-25-000005 ↗ filed Apr 8, 2025
Holdings Value
Holdings 185 stocks · $202.2M
| IVV iShares Core S&P 500 ETF | 6.62% | 23,802 | $13.4M | Add +52.6% |
| RSP Invesco S&P 500 Equal Weight | 4.12% | 48,034 | $8.3M | Add +116.8% |
| OEF iShares S&P 100 ETF | 3.57% | 26,665 | $7.2M | Add +1.1% |
| IEFA iShares Core MSCI Eafe ETF | 3.24% | 86,644 | $6.6M | Add +74.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.01% | 10,895 | $6.1M | Reduce -10.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.78% | 61,256 | $5.6M | Add +126.9% |
| COWZ Pacer US Cash Cows 100 ETF | 2.54% | 93,875 | $5.1M | Add +45.0% |
| UDEC Innovator U.S. Equity Ultra | 2.18% | 128,771 | $4.4M | New |
| TLT iShares 20+ Year Treasury BD | 2.10% | 46,636 | $4.2M | Add +5.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.94% | 8,342 | $3.9M | Add +11.9% |
| VWO Vanguard Ftse Emerging Marke | 1.85% | 82,525 | $3.7M | Add +91.2% |
| VTIP Vanguard Short-Term Tips | 1.84% | 74,371 | $3.7M | New |
| FPE FT-Preferred Secur & Inc. ETF | 1.58% | 181,081 | $3.2M | Add +0.2% |
| IBHF iShares Ibond 2026 HY & Inc. | 1.56% | 135,774 | $3.2M | Reduce -1.1% |
| AAPL Apple Inc. | 1.52% | 13,808 | $3.1M | Reduce -17.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.49% | 11,653 | $3.0M | Add +68.3% |
| BSJP Invesco Bulletshares 2025 HY | 1.48% | 129,946 | $3.0M | Reduce -1.0% |
| BSCP Invesco Bulletshares 2025 CB | 1.26% | 123,433 | $2.6M | Reduce -0.7% |
| JLS Nuveen Mortgage & Income | 1.25% | 134,205 | $2.5M | Reduce -1.9% |
| MTBA Simplify MBS ETF | 1.22% | 49,386 | $2.5M | Reduce -0.0% |
| JEPI JPMorgan Equity Premium Inco | 1.18% | 41,731 | $2.4M | Add +3.0% |
| QUAL iShares MSCI USA Quality Fac | 1.13% | 13,382 | $2.3M | Reduce -1.9% |
| HTRB Hartford TTL RTRN BND ETF | 1.13% | 67,357 | $2.3M | New |
| AGG iShares Core U.S. Aggregate | 1.11% | 22,611 | $2.2M | Add +47.8% |
| VOO Vanguard S&P 500 ETF | 1.10% | 4,327 | $2.2M | Add +1.2% |
| RLY SS Multi-Asset Real Ret ETF | 1.08% | 76,188 | $2.2M | Add +135.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 1.01% | 9,246 | $2.1M | Add +62.8% |
| BND Vanguard Total Bond Market | 0.96% | 26,334 | $1.9M | Add +71.2% |
| NVDA Nvidia Corp. | 0.92% | 17,184 | $1.9M | Add +12.2% |
| MSFT Microsoft Corp. | 0.92% | 4,943 | $1.9M | Reduce -24.1% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.92% | 37,982 | $1.9M | Add +322.0% |
| AMZN Amazon.com Inc. | 0.88% | 9,325 | $1.8M | Add +1.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.84% | 33,438 | $1.7M | Add +36.5% |
| JPM JPMorgan Chase & Co. | 0.84% | 6,891 | $1.7M | Add +20.7% |
| CART Maplebear Inc. | 0.82% | 41,749 | $1.7M | New |
| JLL Jones Lang Lasalle Inc. | 0.82% | 6,714 | $1.7M | Reduce -6.5% |
| RGLD Royal Gold Inc. | 0.82% | 10,117 | $1.7M | Reduce -16.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.79% | 2 | $1.6M | New |
| BDC Belden Inc. | 0.71% | 14,309 | $1.4M | New |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.66% | 16,696 | $1.3M | Add +35.1% |
| GLD SPDR Gold Shares | 0.65% | 4,574 | $1.3M | Reduce -4.7% |
| NFTY First Trust India Nifty 50 E | 0.64% | 23,376 | $1.3M | Add +81.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.63% | 2,398 | $1.3M | Add +3.0% |
| EVR Evercore Inc. Class A | 0.60% | 6,095 | $1.2M | Add +16.3% |
| META Meta Platforms Inc. Class A | 0.59% | 2,061 | $1.2M | Add +0.2% |
| XOM Exxon Mobil Corp. | 0.57% | 9,764 | $1.2M | Add +3.7% |
| GOOG Alphabet Inc. Class C | 0.56% | 7,194 | $1.1M | Reduce -28.8% |
| SCHP Schwab U.S. Tips ETF | 0.55% | 41,133 | $1.1M | Add +185.4% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.54% | 29,060 | $1.1M | Add +34.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.51% | 6,022 | $1.0M | Add +0.7% |
| SD Sandridge Energy Inc. | 0.50% | 88,512 | $1.0M | Reduce -11.9% |
| USRT iShares Core US REIT ETF | 0.49% | 17,321 | $998K | Add +76.5% |
| LLY Eli Lilly & Co. | 0.47% | 1,162 | $959K | Reduce -0.8% |
| WMT Walmart Inc. | 0.47% | 10,744 | $943K | Add +35.9% |
| EFA iShares MSCI Eafe ETF | 0.46% | 11,431 | $934K | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 0.46% | 6,030 | $932K | Add +31.8% |
| ALKS Alkermes PLC | 0.46% | 28,132 | $929K | New |
| MUB iShares National Muni Bond E | 0.45% | 8,705 | $918K | Reduce -4.0% |
| DECK Deckers Outdoor Corp. | 0.45% | 8,179 | $914K | New |
| CRUS Cirrus Logic Inc. | 0.45% | 9,121 | $909K | New |
| PIPR Piper Sandler Cos | 0.44% | 3,554 | $880K | New |
| MAT Mattel Inc. | 0.43% | 44,672 | $868K | New |
| AFL Aflac Inc. | 0.42% | 7,558 | $840K | Add +13.6% |
| XES SS SPDR S&P Og Eqp & Serv | 0.41% | 11,719 | $836K | Add +0.2% |
| PHYS Sprott Physical Gold Trust | 0.41% | 34,549 | $831K | Reduce -46.5% |
| VMI Valmont Industries | 0.41% | 2,892 | $825K | New |
| EOCT Innovator Emer MKT PWR Buff | 0.40% | 30,500 | $813K | Reduce -46.7% |
| PFF iShares Preferred & Income S | 0.39% | 25,813 | $793K | Add +12.8% |
| NOW ServiceNow Inc. | 0.35% | 894 | $712K | Reduce -57.3% |
| COST Costco Wholesale Corp. | 0.35% | 751 | $710K | Reduce -13.3% |
| AVGO Broadcom Inc. | 0.35% | 4,209 | $705K | Add +28.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.32% | 13,070 | $649K | Reduce -11.4% |
| FIXD First Trust Smith Opportunis | 0.32% | 14,536 | $637K | Reduce -18.1% |
| V Visa Inc. Class A | 0.32% | 1,818 | $637K | Add +3.5% |
| FIX Comfort Systems USA Inc. | 0.30% | 1,892 | $610K | Reduce -61.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.30% | 1,621 | $601K | Reduce -10.0% |
| XLK SS Technology Select Sector | 0.28% | 2,692 | $556K | Add +0.1% |
| COWG Pacer US LRG Cap Cows GR LD | 0.27% | 18,000 | $554K | No change |
| GOCT FT Vest US Equity Moderate B | 0.27% | 15,964 | $548K | Reduce -94.3% |
| FVD First Trust Value Line DVD | 0.27% | 12,054 | $537K | Reduce -0.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.27% | 3,345 | $537K | Reduce -0.1% |
| IYW iShares Ustechnology ETF | 0.26% | 3,769 | $529K | Add +12.7% |
| SYBT Stock Yards Bancorp Inc. | 0.25% | 7,280 | $503K | No change |
| VYM Vanguard High DVD Yield ETF | 0.25% | 3,895 | $502K | Reduce -3.1% |
| IAU iShares Gold Trust | 0.25% | 8,461 | $499K | New |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.25% | 10,811 | $498K | New |
| JNK SS SPDR BB High Yield Bond | 0.24% | 5,181 | $494K | Add +98.3% |
| AYI Acuity Inc. | 0.24% | 1,870 | $492K | Reduce -60.3% |
| MA Mastercard Inc. Class A | 0.24% | 867 | $475K | Add +4.2% |
| SCHD Schwab US DVD Equity ETF | 0.23% | 16,877 | $472K | Add +0.2% |
| KAUG Inv US SML Cap PB ETF - Aug | 0.23% | 19,605 | $471K | Reduce -48.8% |
| XLE SS Energy Select Sector | 0.23% | 5,012 | $468K | Reduce -8.7% |
| INTU Intuit Inc. | 0.23% | 762 | $468K | Reduce -1.2% |
| FTGS First Trust Grwth Strgth ETF | 0.23% | 15,720 | $468K | Add +132.8% |
| PM Philip Morris International | 0.22% | 2,856 | $453K | Reduce -1.6% |
| GSY Invesco Ultra Short Duration | 0.22% | 9,037 | $453K | Add +6.6% |
| TDIV FT Nasdaq Tech DVD Index FD | 0.22% | 6,103 | $449K | Add +17.8% |
| VHT Vanguard Health Care ETF | 0.22% | 1,682 | $445K | Reduce -2.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.22% | 5,579 | $440K | Add +1.1% |
| SMH Vaneck Semiconductor ETF | 0.22% | 2,063 | $436K | Reduce -0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| GOCT FT Vest US Equity Moderate B | Reduce -94.3% | 0.27% | −4.97 |
| TUA Sim St Treas Fut Strat ETF | Reduce -91.8% | 0.16% | −1.93 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.88 |
| NOW ServiceNow Inc. | Reduce -57.3% | 0.35% | −0.84 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.8% | 3.01% | −0.83 |
| FIX Comfort Systems USA Inc. | Reduce -61.4% | 0.30% | −0.81 |
| AAPL Apple Inc. | Reduce -17.1% | 1.52% | −0.73 |
| UCON First Trust Smith Unconstrai | Sold out | 0.00% | −0.64 |
| NTAP Netapp Inc. | Sold out | 0.00% | −0.63 |
| EME Emcor Group Inc. | Reduce -65.4% | 0.21% | −0.59 |
| MSFT Microsoft Corp. | Reduce -24.1% | 0.92% | −0.56 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.53 |
| AYI Acuity Inc. | Reduce -60.3% | 0.24% | −0.50 |
| GOOG Alphabet Inc. Class C | Reduce -28.8% | 0.56% | −0.48 |
| LCII Lci Industries | Sold out | 0.00% | −0.47 |
| VRTS Virtus Investment Partners | Sold out | 0.00% | −0.43 |
| EOCT Innovator Emer MKT PWR Buff | Reduce -46.7% | 0.40% | −0.40 |
| PHYS Sprott Physical Gold Trust | Reduce -46.5% | 0.41% | −0.29 |
| KAUG Inv US SML Cap PB ETF - Aug | Reduce -48.8% | 0.23% | −0.28 |
| USTB Victoryshares Short-Term Bon | Sold out | 0.00% | −0.27 |
| SHYG iShares 0-5 YR HY Corp. Bond | Sold out | 0.00% | −0.22 |
| FICS FT International Dev Cap STR | Sold out | 0.00% | −0.18 |
| JPST JPMorgan Ultra-Short Income | Sold out | 0.00% | −0.18 |
| QUAL iShares MSCI USA Quality Fac | Reduce -1.9% | 1.13% | −0.17 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.17 |
| JLL Jones Lang Lasalle Inc. | Reduce -6.5% | 0.82% | −0.15 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.15 |
| ANF Abercrombie & Fitch Co. Class A | Sold out | 0.00% | −0.15 |
| IBHF iShares Ibond 2026 HY & Inc. | Reduce -1.1% | 1.56% | −0.15 |
| BNDW Vanguard Total World Bond Et | Sold out | 0.00% | −0.15 |
| BSJP Invesco Bulletshares 2025 HY | Reduce -1.0% | 1.48% | −0.15 |
| FTC First Trust Large Cap Growth | Sold out | 0.00% | −0.14 |
| VICTORY PORTFOLIOS II | Sold out | 0.00% | −0.14 |
| SD Sandridge Energy Inc. | Reduce -11.9% | 0.50% | −0.13 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.13 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.12 |
| RDVY First Trust Rising Dividend | Sold out | 0.00% | −0.12 |
| FXH First Trust Health Care Alph | Sold out | 0.00% | −0.12 |
| IMTB iShares Core 5-10 Year Usd | Sold out | 0.00% | −0.12 |
| WSM Williams-Sonoma Inc. | Reduce -25.6% | 0.17% | −0.12 |
| IWM iShares Russell 2000 ETF | Reduce -31.9% | 0.15% | −0.12 |
| BSCP Invesco Bulletshares 2025 CB | Reduce -0.7% | 1.26% | −0.12 |
| LMT Lockheed Martin Corp. | Sold out | 0.00% | −0.12 |
| SCHJ Schwab 1-5 YR Corp. BND ETF | Sold out | 0.00% | −0.11 |
| ISRG Intuitive Surgical Inc. | Sold out | 0.00% | −0.11 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −0.11 |
| DE Deere & Co. | Sold out | 0.00% | −0.11 |
| CGUS Cap Group Core Equity | Sold out | 0.00% | −0.11 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.11 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -10.0% | 0.30% | −0.10 |
Portfolio Buys Q4 2024 → Q1 2025
| UDEC Innovator U.S. Equity Ultra | New | 2.18% | +2.18 |
| RSP Invesco S&P 500 Equal Weight | Add +116.8% | 4.12% | +2.03 |
| VTIP Vanguard Short-Term Tips | New | 1.84% | +1.84 |
| IVV iShares Core S&P 500 ETF | Add +52.6% | 6.62% | +1.68 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +126.9% | 2.78% | +1.45 |
| IEFA iShares Core MSCI Eafe ETF | Add +74.7% | 3.24% | +1.37 |
| HTRB Hartford TTL RTRN BND ETF | New | 1.13% | +1.13 |
| VWO Vanguard Ftse Emerging Marke | Add +91.2% | 1.85% | +0.83 |
| CART Maplebear Inc. | New | 0.82% | +0.82 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.79% | +0.79 |
| BDC Belden Inc. | New | 0.71% | +0.71 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +322.0% | 0.92% | +0.67 |
| RLY SS Multi-Asset Real Ret ETF | Add +135.3% | 1.08% | +0.61 |
| COWZ Pacer US Cash Cows 100 ETF | Add +45.0% | 2.54% | +0.58 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +68.3% | 1.49% | +0.51 |
| ALKS Alkermes PLC | New | 0.46% | +0.46 |
| DECK Deckers Outdoor Corp. | New | 0.45% | +0.45 |
| CRUS Cirrus Logic Inc. | New | 0.45% | +0.45 |
| PIPR Piper Sandler Cos | New | 0.44% | +0.44 |
| MAT Mattel Inc. | New | 0.43% | +0.43 |
| VMI Valmont Industries | New | 0.41% | +0.41 |
| BND Vanguard Total Bond Market | Add +71.2% | 0.96% | +0.36 |
| SCHP Schwab U.S. Tips ETF | Add +185.4% | 0.55% | +0.35 |
| AGG iShares Core U.S. Aggregate | Add +47.8% | 1.11% | +0.31 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +62.8% | 1.01% | +0.28 |
| NFTY First Trust India Nifty 50 E | Add +81.9% | 0.64% | +0.26 |
| IAU iShares Gold Trust | New | 0.25% | +0.25 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.25% | +0.25 |
| USRT iShares Core US REIT ETF | Add +76.5% | 0.49% | +0.19 |
| FTCB FT Core Investment Grade ETF | New | 0.18% | +0.18 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +36.5% | 0.84% | +0.17 |
| PLTR Palantir Technologies Inc. Class A | New | 0.17% | +0.17 |
| ECOW Pacer Emerging Markets Cash | New | 0.16% | +0.16 |
| VEA Vanguard Ftse Developed ETF | New | 0.15% | +0.15 |
| ITA iShares U.S. Aerospace & Def | New | 0.13% | +0.13 |
| VFLO Victoryshares Free Cash Flow | New | 0.13% | +0.13 |
| FTGS First Trust Grwth Strgth ETF | Add +132.8% | 0.23% | +0.12 |
| MCK McKesson Corp. | New | 0.11% | +0.11 |
| BLK BlackRock Inc. | New | 0.11% | +0.11 |
| JNK SS SPDR BB High Yield Bond | Add +98.3% | 0.24% | +0.11 |
| KO The Coca-Cola Co. | New | 0.10% | +0.10 |
| PANW Palo Alto Networks Inc. | New | 0.10% | +0.10 |
| FSIG FT Ltd. Duration Inv Grade | New | 0.10% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +20.7% | 0.84% | +0.10 |
| ACN Accenture PLC Class A | New | 0.10% | +0.10 |
| ICOW Pacer Developed Markets Inte | Add +69.2% | 0.21% | +0.09 |
| WMT Walmart Inc. | Add +35.9% | 0.47% | +0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +35.1% | 0.66% | +0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.0% | 0.63% | +0.06 |
| AFL Aflac Inc. | Add +13.6% | 0.42% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 229 | $381.4M | IVV, IEFA, VWO, VB, HGER |
| Q1 2026 | 208 | $334.5M | IVV, IEFA, VWO, IBHF, SPY |
| Q4 2025 | 193 | $320.0M | IVV, IEFA, SPY, VWO, OEF |
| Q3 2025 | 196 | $298.8M | IVV, IEFA, SPY, VWO, OEF |
| Q2 2025 | 197 | $256.7M | IVV, IEFA, RSP, OEF, SPY |
| Q1 2025 | 185 | $202.2M | IVV, RSP, OEF, IEFA, SPY |
| Q4 2024 | 186 | $186.1M | GOCT, IVV, OEF, SPY, AAPL |
| Q3 2024 | 169 | $186.0M | IVV, OEF, BIL, PAPR, SPY |
| Q2 2024 | 138 | $159.2M | IVV, BIL, OEF, SPY, PAPR |
| Q1 2024 | 128 | $148.9M | IVV, SPY, OEF, COWZ, CALF |