Rational Advisors, Inc.

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Rational Advisors, Inc. reported 187 stock positions worth $1.0 billion. Its top holding was iShares Core U.S. Aggregate (AGG) at 7.0% of the portfolio, followed by Vanguard Total Bond Market (BND, 7.0%) and Schwab US Aggregate Bond ETF (SCHZ, 7.0%). Compared with Q1 2026, it opened 28 new positions, sold out of 12, added to 95 and reduced 55. The biggest buy was a new position in Ishr Ibx Usd Invgd CB ETF-Ui (LQD) and the biggest sale Wisdomtree US Efficient Core (NTSX, shares −43%).

Most Recent 13F
Q2 2026
Location
San Juan, PR
CIK
0001143565
Portfolio Value
$1.0B (Q2 2026)
SEC Filing
0001580642-26-004576 ↗ filed Jul 24, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.1B Q1 2024 Q2 2024: $1000.0M Q2 2024 Q3 2024: $1.0B Q3 2024 Q4 2024: $986.3M Q4 2024 Q1 2025: $953.7M Q1 2025 Q2 2025: $963.5M Q2 2025 Q3 2025: $958.5M Q3 2025 Q4 2025: $918.2M Q4 2025 Q1 2026: $919.0M Q1 2026 Q2 2026: $1.0B $1.0B Q2 2026

Holdings 187 stocks · $1.0B
AGG iShares Core U.S. Aggregate 7.02% 735,041 $72.8M Add +2.3%
BND Vanguard Total Bond Market 7.01% 990,343 $72.7M Add +2.2%
SCHZ Schwab US Aggregate Bond ETF 7.01% 3,142,160 $72.7M Add +2.1%
IVV iShares Core S&P 500 ETF 5.05% 69,863 $52.3M Add +32.4%
MLPX Global X MLP & Energy Infras 4.74% 667,709 $49.2M Reduce -0.8%
QQQM Invesco Nasdaq 100 ETF 4.43% 151,497 $45.9M Reduce -19.2%
NTSX Wisdomtree US Efficient Core 4.19% 735,041 $43.4M Reduce -43.3%
XLU St Sr Utl SL SE SPDR ETF-Usd 3.96% 905,679 $41.1M Reduce -1.9%
VIG Vanguard Dividend Apprec ETF 3.46% 151,497 $35.8M Reduce -14.0%
VOO Vanguard S&P 500 ETF 3.34% 50,476 $34.7M Add +44.5%
SCHH Schwab US REIT ETF 3.12% 1,366,280 $32.4M Add +12.1%
JEPI JPMorgan Equity Premium Inco 2.72% 499,379 $28.2M Reduce -6.5%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 2.37% 225,180 $24.6M New
VCIT Vanguard Int-Term Corporate 2.33% 291,785 $24.1M Add +23.8%
PFFD Global X US Preferred ETF 2.28% 1,262,475 $23.6M Add +1.0%
SPIB SS SPDR P Int C Corp. ETF 1.92% 594,978 $19.9M New
SPY SS SPDR S&P 500 ETF Trust-US 1.85% 25,677 $19.2M Add +61.7%
DFCF Dimensional Core Fixed Inc. 1.54% 378,744 $16.0M Add +2.6%
SPYM Ste STR SPDR PT S&P 500 ETF 1.47% 173,941 $15.3M Reduce -9.9%
USIG iShares Broad Usd Investment 1.39% 281,728 $14.4M New
IGIB iShares 5-10Y Inv Grade Corp. 1.39% 271,160 $14.4M New
BAB Invesco Taxable Municipal Bo 1.16% 448,880 $12.0M Add +4.0%
ALLIANT ENERGY CORP (LNT 3.25 05/30/28) 1.06% 9,980,000 $11.0M New
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) 0.98% 11,367,000 $10.2M No change
PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) 0.98% 8,920,000 $10.1M No change
WELL Welltower Inc. 0.96% 43,800 $9.9M Reduce -1.4%
WEC ENERGY GROUP INC (WEC 4.375 06/01/29) 0.95% 7,944,000 $9.8M No change
UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) 0.94% 8,169,000 $9.8M No change
ETSY INC (ETSY 0.25 06/15/28) 0.92% 10,430,000 $9.5M No change
MERITAGE HOMES CORP (MTH 1.75 05/15/28) 0.90% 9,102,000 $9.4M No change
IEFA iShares Core MSCI Eafe ETF 0.85% 91,784 $8.9M Reduce -61.1%
SCYB Schwab High Yield Bond ETF 0.76% 302,994 $7.9M Add +0.6%
NFLX Netflix Inc. 0.70% 101,534 $7.2M Add +235.6%
DATADOG INC (DDOG 0 12/01/29) 0.69% 5,020,000 $7.1M Add +29.4%
GUARDANT HEALTH INC (GH 0 11/15/27) 0.65% 5,429,000 $6.8M Add +165.0%
CLOUDFLARE INC (NET 0 06/15/30) 0.61% 5,023,000 $6.4M New
GOOGL Alphabet Inc. Class A 0.56% 16,374 $5.9M Reduce -3.9%
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) 0.55% 5,110,000 $5.7M Add +72.0%
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) 0.52% 5,780,000 $5.4M No change
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) 0.51% 5,576,000 $5.3M Add +74.5%
WDC Western Digital Corp. 0.51% 8,300 $5.3M New
TSM Taiwan Semiconductor-SP ADR 0.47% 10,259 $4.9M Reduce -21.3%
NVDA Nvidia Corp. 0.47% 24,357 $4.9M Reduce -20.0%
MOG.A Moog Inc. Class A 0.44% 10,800 $4.6M New
AAPL Apple Inc. 0.43% 15,510 $4.5M Reduce -24.8%
AMZN Amazon.com Inc. 0.43% 18,698 $4.5M Reduce -20.3%
SCHI Schwab 5-10 Year Corporate B 0.40% 184,358 $4.2M New
ITT Itt Inc. 0.38% 20,000 $4.0M Reduce -1.5%
VMBS Vanguard Mortgage-Backed Sec 0.38% 84,165 $3.9M Add +2.2%
LLY Eli Lilly & Co. 0.37% 3,236 $3.9M Add +106.5%
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) 0.32% 2,712,000 $3.3M Reduce -72.8%
SOUTHERN CO (SO 4.5 06/15/27) 0.30% 2,820,000 $3.1M No change
WMT Walmart Inc. 0.30% 27,294 $3.1M Reduce -60.4%
ATI Ati Inc. 0.27% 14,100 $2.8M Add +104.3%
V Visa Inc. Class A 0.27% 8,100 $2.8M Add +530.8%
UBER Uber Technologies Inc. 0.25% 35,238 $2.5M Reduce -1.4%
BRK.B Berkshire Hathaway Inc. Class B 0.24% 4,981 $2.5M Reduce -24.9%
MELI MercadoLibre Inc. 0.23% 1,425 $2.4M Reduce -6.6%
COST Costco Wholesale Corp. 0.23% 2,522 $2.4M Reduce -9.2%
APP AppLovin Corp. Class A 0.22% 4,423 $2.3M Add +29.7%
PINK Simplify Health Care ETF 0.21% 56,100 $2.2M New
GE General Electric filed as GE AEROSPACE 0.20% 5,500 $2.1M Reduce -45.3%
MSFT Microsoft Corp. 0.17% 4,806 $1.8M Reduce -56.7%
JPM JPMorgan Chase & Co. 0.16% 5,172 $1.7M Reduce -33.9%
BIL SS SPDR BB 1-3M T-Bill ETF 0.16% 17,970 $1.6M New
HEI Heico Corp. 0.16% 4,600 $1.6M Add +15.0%
GOOG Alphabet Inc. Class C 0.15% 4,473 $1.6M Reduce -43.5%
AVGO Broadcom Inc. 0.15% 4,140 $1.6M Reduce -48.4%
POWR iShares US Power Infrastruct 0.14% 53,132 $1.5M Reduce -0.2%
APO Apollo Global Management Inc. 0.14% 12,515 $1.5M Add +0.2%
XOM Exxon Mobil Corp. 0.14% 10,802 $1.5M Reduce -9.8%
WLDR Simpl Affi Wor Le Equ ETF-Ui 0.12% 26,563 $1.2M Add +12.9%
AMD Advanced Micro Devices 0.11% 2,024 $1.2M Reduce -67.5%
ABBV Abbvie Inc. 0.11% 4,574 $1.2M Reduce -22.4%
BX Blackstone Inc. 0.11% 9,754 $1.1M Add +0.5%
XLK SS Technology Select Sector 0.11% 6,000 $1.1M New
SPOT Spotify Technology SA 0.10% 2,370 $1.1M Reduce -55.0%
DE Deere & Co. 0.10% 1,694 $1.1M Reduce -20.9%
TDG Transdigm Group Inc. 0.10% 790 $1.1M Add +4547.1%
LNG Cheniere Energy Inc. 0.10% 4,400 $1.1M Reduce -51.6%
ITA iShares U.S. Aerospace & Def 0.10% 4,172 $1.0M Reduce -21.0%
GS Goldman Sachs Group Inc. 0.10% 979 $990K Add +43.8%
XLP SS Consumer Staples Sel Sect 0.09% 11,852 $985K New
CVX Chevron Corp. 0.09% 5,928 $983K New
CAT Caterpillar Inc. 0.09% 908 $967K Reduce -49.3%
CBRE CBRE Group Inc. Class A 0.09% 7,100 $956K New
JOBY AVIATION INC (JOBY 0.75 02/15/32) 0.09% 1,007,000 $913K New
UNH Unitedhealth Group Inc. 0.09% 2,155 $896K Add +630.5%
VRT Vertiv Holdings Co. Class A 0.08% 2,482 $831K Reduce -17.8%
SPCX Space Exploration Techn Class A 0.08% 4,835 $826K New
SMCI Super Micro Computer Inc. 0.08% 27,244 $799K New
MOD Modine Manufacturing Co. 0.08% 2,991 $799K New
ANET Arista Networks Inc. 0.08% 4,650 $790K Reduce -17.9%
COPX Global X Copper Miners ETF 0.07% 10,089 $777K Add +32.2%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.07% 8,035 $764K Reduce -23.7%
NSC Norfolk Southern Corp. 0.07% 2,421 $762K New
NVS Novartis AG-Sponsored ADR 0.07% 4,853 $761K Reduce -36.1%
XLV SS Health Care Select Sector 0.07% 4,758 $755K New
FANG Diamondback Energy Inc. 0.07% 4,233 $744K New
DLR Digital Realty Trust Inc. 0.07% 4,015 $721K New
TSLA Tesla Inc. 0.06% 1,384 $582K Reduce -64.1%
META Meta Platforms Inc. Class A 0.05% 927 $522K Reduce -42.8%
SMH Vaneck Semiconductor ETF 0.05% 753 $494K New
ETN Eaton Corp. PLC 0.05% 1,152 $491K New
PANW Palo Alto Networks Inc. 0.05% 1,416 $483K Reduce -72.0%
CTVA Corteva Inc. 0.05% 5,660 $479K New
MU Micron Technology Inc. 0.05% 413 $477K Reduce -85.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 1,695 $477K New
GLW Corning Inc. 0.05% 1,837 $469K Reduce -76.1%
SNDK Sandisk Corp. 0.03% 152 $346K New
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.03% 145 $288K Add +13.3%
WMB Williams Cos Inc. 0.02% 3,141 $234K Reduce -90.3%
AMAT Applied Materials Inc. 0.02% 300 $217K Add +15.8%
LRCX Lam Research Corp. 0.02% 470 $204K Add +14.1%
CSCO Cisco Systems Inc. 0.02% 1,451 $170K Add +11.6%
MA Mastercard Inc. Class A 0.02% 322 $165K Add +9.2%
ORCL Oracle Corp. 0.01% 1,057 $155K Add +12.3%
KLAC KLA Corp. 0.01% 492 $148K Add +14.4%
HD Home Depot Inc. 0.01% 369 $130K Add +13.9%
SHY iShares 1-3 Year Treasury Bo 0.01% 1,463 $120K Reduce -84.2%
PLTR Palantir Technologies Inc. Class A 0.01% 873 $102K Reduce -94.8%
TXN Texas Instruments Inc. 0.01% 336 $100K Add +5.7%
LIN Linde PLC 0.01% 170 $88K Add +9.7%
AXP American Express Co. 0.01% 248 $84K Add +10.7%
QCOM Qualcomm Inc. 0.01% 391 $72K Add +11.4%
AMGN Amgen Inc. 0.01% 199 $72K Add +13.7%
TMUS T-Mobile US Inc. 0.01% 402 $67K Add +10.1%
ABT Abbott Laboratories 0.01% 644 $58K Add +13.0%
BLK BlackRock Inc. 0.01% 60 $58K Add +13.2%
ISRG Intuitive Surgical Inc. 0.01% 131 $52K Add +12.0%
CRM Salesforce Inc. 0.00% 309 $48K Add +1.0%
VRTX Vertex Pharmaceuticals Inc. 0.00% 92 $46K Add +9.5%
LOW Lowe's Cos Inc. 0.00% 207 $46K Add +13.7%
PH Parker Hannifin Corp. 0.00% 46 $45K Add +12.2%
SPGI S&P Global Inc. 0.00% 110 $45K Add +10.0%
SYK Stryker Corp. 0.00% 138 $43K Add +10.4%
LMT Lockheed Martin Corp. 0.00% 84 $43K Add +10.5%
FTNT Fortinet Inc. 0.00% 273 $42K Add +8.3%
CDNS Cadence Design SYS Inc. 0.00% 102 $38K Add +13.3%
EQIX Equinix Inc. 0.00% 36 $38K Add +12.5%
NOW ServiceNow Inc. 0.00% 375 $37K Reduce -98.0%
ADP Automatic Data Processing 0.00% 150 $34K Add +13.6%
CSX CSX Corp. 0.00% 700 $33K Add +12.0%
HCA HCA Healthcare Inc. 0.00% 83 $32K Add +10.7%
WM Waste Management Inc. 0.00% 145 $32K Reduce -45.5%
SHW The Sherwin-Williams Co. 0.00% 92 $32K Add +13.6%
SNPS Synopsys Inc. 0.00% 70 $31K Add +20.7%
CME Cme Group Inc. 0.00% 134 $30K Add +10.7%
ADBE Adobe Inc. 0.00% 143 $29K Add +6.7%
MCO Moody's Corp. 0.00% 63 $29K Add +8.6%
INTU Intuit Inc. 0.00% 102 $27K Add +12.1%
AON Aon PLC Class A 0.00% 80 $27K Add +11.1%
CI The Cigna Group 0.00% 96 $26K Add +11.6%
NOC Northrop Grumman Corp. 0.00% 51 $26K Add +10.9%
CTAS Cintas Corp. 0.00% 151 $26K Add +13.5%
ICE Intercontinental Exchange Inc. 0.00% 200 $25K Add +7.5%
RSG Republic Services Inc. 0.00% 111 $24K Add +13.3%
BSX Boston Scientific Corp. 0.00% 530 $23K Add +7.1%
IEF iShares 7-10 Year Treasury B 0.00% 231 $22K Reduce -98.8%
COR Cencora Inc. 0.00% 71 $20K Add +7.6%
AXON Axon Enterprise Inc. 0.00% 31 $17K Add +19.2%
DHI D.R. Horton Inc. 0.00% 106 $17K Add +10.4%
ODFL Old Dominion Freight Line 0.00% 78 $17K Add +18.2%
NDAQ Nasdaq Inc. 0.00% 204 $16K Add +6.3%
LYV Live Nation Entertainment Inc. 0.00% 86 $16K Add +7.5%
IDXX Idexx Laboratories Inc. 0.00% 29 $15K Add +3.6%
MSCI MSCI Inc. 0.00% 27 $15K No change
VMC Vulcan Materials Co. 0.00% 49 $14K Reduce -44.3%
ADSK Autodesk Inc. 0.00% 74 $14K Add +7.3%
A Agilent Technologies Inc. 0.00% 108 $14K Add +20.0%
ARES Ares Management Corp. Class A 0.00% 121 $13K Add +10.0%
IQV Iqvia Holdings Inc. 0.00% 65 $13K Add +20.4%
ZTS Zoetis Inc. 0.00% 147 $11K Reduce -51.0%
CPRT Copart Inc. 0.00% 326 $9K Add +0.9%
VRSN Verisign Inc. 0.00% 36 $9K Add +12.5%
WST West Pharmaceutical Services 0.00% 25 $9K Reduce -50.0%
CBOE Cboe Global Markets Inc. 0.00% 36 $9K Add +2.9%
LEN Lennar Corp. Class A 0.00% 93 $8K Add +10.7%
FISV Fiserv Inc. 0.00% 156 $8K Reduce -21.2%
ROL Rollins Inc. 0.00% 176 $7K Add +4.8%
EFX Equifax Inc. 0.00% 40 $6K Reduce -2.4%
BR Broadridge Financial Solutio 0.00% 46 $6K Add +17.9%
CSGP Costar Group Inc. 0.00% 155 $4K Add +11.5%
POOL Pool Corp. 0.00% 17 $4K Add +70.0%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.00% 26 $4K Add +4.0%
LNTH Lantheus Holdings Inc. 0.00% 32 $4K Add +28.0%
AOS Smith (a.o.) Corp. 0.00% 55 $3K Add +48.6%
Other holdings (8): bonds, preferreds, convertibles and warrants · $53.2M (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 8,048$10.1MNo change
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 201,000$10.0MNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 8,200$9.5MReduce -50.0%
ALPHABET INC (GOOGL 6.25 05/15/29 A) DEP SHS RP1/20 A 173,300$8.8MNew
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 78,000$5.3MReduce -19.8%
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 112,700$4.1MAdd +58.1%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 69,800$2.8MNo change
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 22,340$2.6MReduce -75.1%

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q1 2026 → Q2 2026
NTSX Wisdomtree US Efficient Core Reduce -43.3% 4.19% −3.36
IEFA iShares Core MSCI Eafe ETF Reduce -61.1% 0.85% −1.47
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) Reduce -72.8% 0.32% −0.74
MLPX Global X MLP & Energy Infras Reduce -0.8% 4.74% −0.67
VIG Vanguard Dividend Apprec ETF Reduce -14.0% 3.46% −0.66
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -1.9% 3.96% −0.65
WMT Walmart Inc. Reduce -60.4% 0.30% −0.58
JEPI JPMorgan Equity Premium Inco Reduce -6.5% 2.72% −0.57
QQQM Invesco Nasdaq 100 ETF Reduce -19.2% 4.43% −0.42
MDT Medtronic PLC Sold out 0.00% −0.31
MSFT Microsoft Corp. Reduce -56.7% 0.17% −0.27
PLTR Palantir Technologies Inc. Class A Reduce -94.8% 0.01% −0.26
MCD McDonald's Corp. Sold out 0.00% −0.25
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.24
NOW ServiceNow Inc. Reduce -98.0% 0.00% −0.21
WMB Williams Cos Inc. Reduce -90.3% 0.02% −0.21
IEF iShares 7-10 Year Treasury B Reduce -98.8% 0.00% −0.20
LNG Cheniere Energy Inc. Reduce -51.6% 0.10% −0.18
SPOT Spotify Technology SA Reduce -55.0% 0.10% −0.17
SHLD Global X Defense Tech ETF Sold out 0.00% −0.17
AAPL Apple Inc. Reduce -24.8% 0.43% −0.14
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -9.9% 1.47% −0.13
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −0.12
DOV Dover Corp. Sold out 0.00% −0.12
AVGO Broadcom Inc. Reduce -48.4% 0.15% −0.12
WFC Wells Fargo & Co. Sold out 0.00% −0.12
GE General Electric Reduce -45.3% 0.20% −0.11
NVDA Nvidia Corp. Reduce -20.0% 0.47% −0.11
BRK.B Berkshire Hathaway Inc. Class B Reduce -24.9% 0.24% −0.11
WRBY Warby Parker Inc. Class A Sold out 0.00% −0.10
AMZN Amazon.com Inc. Reduce -20.3% 0.43% −0.10
TSLA Tesla Inc. Reduce -64.1% 0.06% −0.10
GOOG Alphabet Inc. Class C Reduce -43.5% 0.15% −0.09
JPM JPMorgan Chase & Co. Reduce -33.9% 0.16% −0.09
XOM Exxon Mobil Corp. Reduce -9.8% 0.14% −0.08
COST Costco Wholesale Corp. Reduce -9.2% 0.23% −0.07
SHY iShares 1-3 Year Treasury Bo Reduce -84.2% 0.01% −0.07
GLW Corning Inc. Reduce -76.1% 0.05% −0.07
MU Micron Technology Inc. Reduce -85.2% 0.05% −0.06
MELI MercadoLibre Inc. Reduce -6.6% 0.23% −0.05
NVS Novartis AG-Sponsored ADR Reduce -36.1% 0.07% −0.05
SHOP Shopify Inc. Class A Sold out 0.00% −0.05
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.05
META Meta Platforms Inc. Class A Reduce -42.8% 0.05% −0.05
CAT Caterpillar Inc. Reduce -49.3% 0.09% −0.04
VST Vistra Corp. Sold out 0.00% −0.04
PANW Palo Alto Networks Inc. Reduce -72.0% 0.05% −0.04
ITT Itt Inc. Reduce -1.5% 0.38% −0.04
UBER Uber Technologies Inc. Reduce -1.4% 0.25% −0.03
ABBV Abbvie Inc. Reduce -22.4% 0.11% −0.03

Portfolio Buys Q1 2026 → Q2 2026
LQD Ishr Ibx Usd Invgd CB ETF-Ui New 2.37% +2.37
SPIB SS SPDR P Int C Corp. ETF New 1.92% +1.92
USIG iShares Broad Usd Investment New 1.39% +1.39
IGIB iShares 5-10Y Inv Grade Corp. New 1.39% +1.39
IVV iShares Core S&P 500 ETF Add +32.4% 5.05% +1.29
VOO Vanguard S&P 500 ETF Add +44.5% 3.34% +1.07
ALLIANT ENERGY CORP (LNT 3.25 05/30/28) New 1.06% +1.06
SPY SS SPDR S&P 500 ETF Trust-US Add +61.7% 1.85% +0.73
CLOUDFLARE INC (NET 0 06/15/30) New 0.61% +0.61
WDC Western Digital Corp. New 0.51% +0.51
MOG.A Moog Inc. Class A New 0.44% +0.44
GUARDANT HEALTH INC (GH 0 11/15/27) Add +165.0% 0.65% +0.42
SCHI Schwab 5-10 Year Corporate B New 0.40% +0.40
NFLX Netflix Inc. Add +235.6% 0.70% +0.38
DATADOG INC (DDOG 0 12/01/29) Add +29.4% 0.69% +0.28
SCHH Schwab US REIT ETF Add +12.1% 3.12% +0.27
V Visa Inc. Class A Add +530.8% 0.27% +0.22
LLY Eli Lilly & Co. Add +106.5% 0.37% +0.22
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) Add +72.0% 0.55% +0.21
PINK Simplify Health Care ETF New 0.21% +0.21
VCIT Vanguard Int-Term Corporate Add +23.8% 2.33% +0.20
SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) Add +74.5% 0.51% +0.19
ATI Ati Inc. Add +104.3% 0.27% +0.16
BIL SS SPDR BB 1-3M T-Bill ETF New 0.16% +0.16
XLK SS Technology Select Sector New 0.11% +0.11
TDG Transdigm Group Inc. Add +4547.1% 0.10% +0.10
XLP SS Consumer Staples Sel Sect New 0.09% +0.09
CVX Chevron Corp. New 0.09% +0.09
CBRE CBRE Group Inc. Class A New 0.09% +0.09
JOBY AVIATION INC (JOBY 0.75 02/15/32) New 0.09% +0.09
SPCX Space Exploration Techn Class A New 0.08% +0.08
UNH Unitedhealth Group Inc. Add +630.5% 0.09% +0.08
SMCI Super Micro Computer Inc. New 0.08% +0.08
MOD Modine Manufacturing Co. New 0.08% +0.08
NSC Norfolk Southern Corp. New 0.07% +0.07
XLV SS Health Care Select Sector New 0.07% +0.07
APP AppLovin Corp. Class A Add +29.7% 0.22% +0.07
FANG Diamondback Energy Inc. New 0.07% +0.07
DLR Digital Realty Trust Inc. New 0.07% +0.07
SMH Vaneck Semiconductor ETF New 0.05% +0.05
ETN Eaton Corp. PLC New 0.05% +0.05
CTVA Corteva Inc. New 0.05% +0.05
IBM Intl Business Machines Corp. New 0.05% +0.05
HEI Heico Corp. Add +15.0% 0.16% +0.04
SNDK Sandisk Corp. New 0.03% +0.03
GS Goldman Sachs Group Inc. Add +43.8% 0.10% +0.03
WLDR Simpl Affi Wor Le Equ ETF-Ui Add +12.9% 0.12% +0.02
COPX Global X Copper Miners ETF Add +32.2% 0.07% +0.01
AMAT Applied Materials Inc. Add +15.8% 0.02% +0.01
LRCX Lam Research Corp. Add +14.1% 0.02% +0.01

Notes & Other Activity Q1 2026 → Q2 2026
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -50.0% 8,200 $9.5M
ALPHABET INC (GOOGL 6.25 05/15/29 A) DEP SHS RP1/20 A New 173,300 $8.8M
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Reduce -19.8% 78,000 $5.3M
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Add +58.1% 112,700 $4.1M
MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) DEP SHS REPSTG Sold out 68,000 $3.9Mbefore exit
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV Reduce -75.1% 22,340 $2.6M

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 187$1.0BAGG, BND, SCHZ, IVV, MLPX
Q1 2026 171$919.0MSCHZ, AGG, BND, NTSX, MLPX
Q4 2025 176$918.2MBND, AGG, SPAB, MLPX, IVV
Q3 2025 185$958.5MSPAB, BND, AGG, QQQM, MLPX
Q2 2025 185$963.5MBND, SPAB, AGG, MLPX, QQQM
Q1 2025 110$953.7MBND, SPAB, AGG, IVV, MLPX
Q4 2024 99$986.3MBND, AGG, SPAB, IVV, QQQM
Q3 2024 165$1.0BBND, SPAB, AGG, QQQM, AMLP
Q2 2024 185$1000.0MAGG, BND, SPAB, AMLP, QQQM
Q1 2024 204$1.1BBND, AGG, SPAB, AMLP, QQQM