Raymond James Financial Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Raymond James Financial Inc. reported 4,822 stock positions worth $310.9 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 5.6% of the portfolio, followed by Microsoft (MSFT, 2.8%) and iShares Core U.S. Aggregate (AGG, 2.6%). Compared with Q2 2025, it opened 70 new positions, sold out of 2,000, added to 2,671 and reduced 1,993. The biggest buy was Apple (AAPL, shares +2%) and the biggest sale Netflix (NFLX, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- ST. PETERSBURG, FL
- CIK
- 0000720005
- Portfolio Value
- $310.9B (Q3 2025)
- SEC Filing
- 0000720005-25-000087 ↗ filed Nov 14, 2025
Holdings Value
Holdings 4,822 stocks · $310.9B
| VOO Vanguard S&P 500 ETF | 5.58% | 28,328,071 | $17.3B | Reduce -0.6% |
| MSFT Microsoft Corp. | 2.85% | 17,105,457 | $8.9B | Add +0.7% |
| AGG iShares Core U.S. Aggregate | 2.56% | 79,246,704 | $7.9B | Add +2.5% |
| AAPL Apple Inc. | 2.44% | 29,751,127 | $7.6B | Add +1.8% |
| NVDA Nvidia Corp. | 2.06% | 34,248,980 | $6.4B | Reduce -1.1% |
| AVGO Broadcom Inc. | 1.73% | 16,340,261 | $5.4B | Reduce -6.7% |
| AMZN Amazon.com Inc. | 1.47% | 20,801,805 | $4.6B | Add +0.4% |
| JPM JPMorgan Chase & Co. | 1.47% | 14,446,003 | $4.6B | Reduce -0.6% |
| IEFA iShares Core MSCI Eafe ETF | 1.05% | 37,509,241 | $3.3B | Reduce -3.6% |
| GOOGL Alphabet Inc. Class A | 1.04% | 13,355,093 | $3.2B | Add +1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.99% | 4,621,261 | $3.1B | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.91% | 3,864,593 | $2.8B | Add +3.4% |
| IVV iShares Core S&P 500 ETF | 0.87% | 4,025,265 | $2.7B | Reduce -4.6% |
| WMT Walmart Inc. | 0.83% | 24,990,692 | $2.6B | Add +0.4% |
| IJH iShares Core S&P Midcap ETF | 0.81% | 38,660,423 | $2.5B | Reduce -0.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.76% | 3,928,370 | $2.4B | Add +8.0% |
| HD Home Depot Inc. | 0.74% | 5,645,341 | $2.3B | Add +1.7% |
| ABBV Abbvie Inc. | 0.71% | 9,557,701 | $2.2B | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.65% | 4,044,838 | $2.0B | Add +3.6% |
| ETN Eaton Corp. PLC | 0.65% | 5,384,561 | $2.0B | Reduce -1.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.64% | 6,736,769 | $2.0B | Add +2.6% |
| V Visa Inc. Class A | 0.63% | 5,747,538 | $2.0B | Reduce -1.3% |
| JNJ Johnson & Johnson | 0.60% | 10,137,651 | $1.9B | Add +7.3% |
| GOOG Alphabet Inc. Class C | 0.59% | 7,522,670 | $1.8B | Add +1.6% |
| IJR iShares Core S&P Small-Cap E | 0.52% | 13,729,381 | $1.6B | Reduce -1.7% |
| IWF iShares Russell 1000 Growth | 0.51% | 3,383,314 | $1.6B | Reduce -0.1% |
| MSI Motorola Solutions Inc. | 0.51% | 3,433,482 | $1.6B | Add +0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.48% | 7,922,686 | $1.5B | Add +6.4% |
| VZ Verizon Communications Inc. | 0.44% | 30,915,777 | $1.4B | Add +0.2% |
| ORCL Oracle Corp. | 0.41% | 4,587,480 | $1.3B | Reduce -11.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.41% | 13,521,148 | $1.3B | Add +1.6% |
| COST Costco Wholesale Corp. | 0.40% | 1,342,451 | $1.2B | Add +0.4% |
| IEMG iShares Core MSCI Emerging | 0.39% | 18,570,458 | $1.2B | Add +1.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.39% | 2,543,120 | $1.2B | Add +2.9% |
| ADI Analog Devices Inc. | 0.38% | 4,829,931 | $1.2B | Add +29.2% |
| CB Chubb Ltd. | 0.38% | 4,162,369 | $1.2B | Reduce -0.2% |
| MPC Marathon Petroleum Corp. | 0.37% | 6,020,140 | $1.2B | Add +0.4% |
| VIG Vanguard Dividend Apprec ETF | 0.37% | 5,328,591 | $1.1B | Reduce -0.7% |
| XLK SS Technology Select Sector | 0.37% | 4,071,623 | $1.1B | Reduce -8.6% |
| UNH Unitedhealth Group Inc. | 0.37% | 3,288,599 | $1.1B | Reduce -6.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.36% | 22,217,280 | $1.1B | Add +1.8% |
| CME Cme Group Inc. | 0.36% | 4,096,873 | $1.1B | Reduce -0.1% |
| CVX Chevron Corp. | 0.35% | 7,102,674 | $1.1B | Add +12.1% |
| MDT Medtronic PLC | 0.34% | 11,203,865 | $1.1B | Add +3.0% |
| LLY Eli Lilly & Co. | 0.34% | 1,380,719 | $1.1B | Reduce -7.5% |
| XOM Exxon Mobil Corp. | 0.34% | 9,317,930 | $1.1B | Add +2.2% |
| IWD iShares Russell 1000 Value E | 0.34% | 5,154,926 | $1.0B | Add +3.5% |
| VYM Vanguard High DVD Yield ETF | 0.34% | 7,445,252 | $1.0B | Reduce -0.6% |
| TSLA Tesla Inc. | 0.33% | 2,339,418 | $1.0B | Add +3.6% |
| UNP Union Pacific Corp. | 0.32% | 4,181,151 | $988.3M | Reduce -3.7% |
| NFLX Netflix Inc. | 0.31% | 811,741 | $973.2M | Reduce -14.2% |
| PG The Procter & Gamble Co. | 0.31% | 6,187,734 | $950.7M | Reduce -0.7% |
| NEE Nextera Energy Inc. | 0.30% | 12,504,583 | $944.0M | Add +2.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.30% | 2,849,708 | $935.2M | Reduce -6.3% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.30% | 22,125,677 | $929.9M | Add +14.3% |
| CRM Salesforce Inc. | 0.30% | 3,891,552 | $922.3M | Add +3.5% |
| MA Mastercard Inc. Class A | 0.29% | 1,575,801 | $896.3M | Add +1.7% |
| RTX RTX Corp. | 0.28% | 5,251,582 | $878.7M | Reduce -1.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 5,957,109 | $861.0M | Add +0.1% |
| GLD SPDR Gold Shares | 0.27% | 2,372,843 | $843.5M | Add +7.4% |
| APD Air Products & Chemicals Inc. | 0.27% | 3,075,144 | $838.7M | Reduce -1.5% |
| KO The Coca-Cola Co. | 0.26% | 12,375,771 | $820.8M | Add +0.2% |
| VEA Vanguard Ftse Developed ETF | 0.26% | 13,461,572 | $806.6M | Reduce -0.9% |
| T AT&T Inc. | 0.26% | 28,532,739 | $805.8M | Add +10.7% |
| MTUM iShares MSCI USA Momentum Fa | 0.25% | 3,063,251 | $785.6M | Add +4.1% |
| JCI Johnson Controls Internation | 0.25% | 7,144,731 | $785.6M | Reduce -0.6% |
| PM Philip Morris International | 0.25% | 4,756,435 | $771.5M | Add +10.8% |
| MCD McDonald's Corp. | 0.24% | 2,490,390 | $756.8M | Add +5.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 14,536,966 | $750.0M | Reduce -9.9% |
| GS Goldman Sachs Group Inc. | 0.24% | 936,115 | $745.5M | Reduce -2.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 2,641,423 | $745.3M | Reduce -14.7% |
| RDVY First Trust Rising Dividend | 0.24% | 11,042,125 | $742.7M | Reduce -1.4% |
| ABT Abbott Laboratories | 0.24% | 5,536,178 | $741.5M | Add +2.0% |
| O Realty Income Corp. | 0.24% | 12,186,943 | $740.8M | Add +1.5% |
| XLF SS Financial Select Sector | 0.23% | 13,535,506 | $729.2M | Add +0.2% |
| TSM Taiwan Semiconductor-SP ADR | 0.23% | 2,579,781 | $720.5M | Add +5.4% |
| DGRO iShares Core Dividend Growth | 0.23% | 10,467,035 | $712.6M | Add +4.6% |
| RSP Invesco S&P 500 Equal Weight | 0.23% | 3,719,108 | $705.5M | Add +1.2% |
| TT Trane Technologies PLC | 0.22% | 1,641,551 | $692.7M | Add +0.5% |
| XLV SS Health Care Select Sector | 0.22% | 4,892,752 | $680.9M | Reduce -13.4% |
| DRI Darden Restaurants Inc. | 0.21% | 3,506,083 | $667.4M | Reduce -2.2% |
| DIVO Amplify CWP Enhan Divid ETF | 0.21% | 14,813,665 | $660.2M | Add +2.8% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 3,618,655 | $660.1M | Reduce -5.0% |
| DUK Duke Energy Corp. | 0.21% | 5,317,557 | $658.0M | Reduce -0.3% |
| CSCO Cisco Systems Inc. | 0.21% | 9,591,974 | $656.3M | Reduce -1.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.21% | 2,623,734 | $648.4M | Add +5.9% |
| CMI Cummins Inc. | 0.21% | 1,515,473 | $640.1M | Add +4.5% |
| USHY iShares Broad Usd High Yield | 0.20% | 16,820,246 | $635.5M | Add +2.0% |
| XLC SS Comm Select Sector SPDR | 0.20% | 5,295,115 | $626.8M | Reduce -3.8% |
| IEF iShares 7-10 Year Treasury B | 0.19% | 6,175,024 | $595.6M | Add +4.9% |
| VGT Vanguard Info Tech ETF | 0.19% | 796,882 | $595.0M | Reduce -5.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.19% | 10,278,153 | $590.7M | Reduce -17.9% |
| MRK Merck & Co. Inc. | 0.19% | 7,007,453 | $588.1M | Reduce -8.3% |
| ALL Allstate Corp. | 0.19% | 2,739,096 | $587.9M | Reduce -1.9% |
| CMCSA Comcast Corp. Class A | 0.19% | 18,642,981 | $585.8M | Reduce -5.0% |
| WFC Wells Fargo & Co. | 0.19% | 6,977,858 | $584.9M | Add +35.8% |
| GEV GE Vernova Inc. | 0.18% | 934,272 | $574.5M | Reduce -1.1% |
| QCOM Qualcomm Inc. | 0.18% | 3,451,221 | $574.1M | Reduce -0.6% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.18% | 2,222,028 | $565.0M | Add +0.4% |
| WMB Williams Cos Inc. | 0.18% | 8,908,747 | $564.4M | Reduce -0.9% |
Options reported separately and not counted above: SPY puts ($92.2M), QQQ puts ($6.6M), RSP puts ($2.7M), NVDA puts ($2.4M), AAPL puts ($1.9M), GDX calls ($1.9M), GIS calls ($1.8M), ITA calls ($1.6M), IAU puts ($1.5M), GOOG puts ($1.4M), LASR puts ($1.4M), BJ puts ($1.2M), and 76 more.
Other holdings (47): bonds, preferreds, convertibles and warrants · $45.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 232,510 | $15.8M | Add +22.2% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 8,381 | $10.3M | Reduce -1.0% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 6,841 | $8.8M | Add +1.5% |
| QXO INC (QXO 5.5 05/15/28 B) | 5.50 DEP PFD | 36,745 | $2.0M | No change |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 21,765 | $1.5M | Add +3.9% |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 18,723 | $934K | Add +0.1% |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 24,215 | $917K | Reduce -43.3% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 31,537 | $796K | Add +1.7% |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 11,650 | $610K | No change |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 49,508 | $576K | Add +200.1% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 20,693 | $528K | Reduce -0.2% |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | 445,000 | $428K | Add +2.1% |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 310,000 | $310K | Add +24.0% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 4,220 | $297K | Reduce -1.5% |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | 5,067 | $252K | Reduce -0.2% |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | 4,550 | $227K | Reduce -61.9% |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 2,925 | $208K | Reduce -90.2% |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 100,000 | $99K | No change |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | 100,000 | $98K | No change |
| RINGCENTRAL INC (RNG 0 03/15/26) | NOTE 3/1 · principal | 70,000 | $68K | No change |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 811,962 | $63K | Reduce -3.0% |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 58,000 | $57K | Add +107.1% |
| SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) | NOTE 1.500% 2/1 · principal | 50,000 | $49K | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 47,000 | $45K | Reduce -2.1% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 14,000 | $40K | Reduce -6.7% |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 37,000 | $36K | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 33,000 | $33K | Reduce -2.9% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 30,000 | $30K | Reduce -28.6% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 28,000 | $28K | Reduce -6.7% |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 20,000 | $21K | Reduce -4.8% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 20,000 | $20K | Reduce -4.8% |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 16,000 | $19K | Reduce -15.8% |
| MICROCHIP TECHNOLOGY INC (MCHP 1.625 02/15/27) | NOTE 1.625% 2/1 · principal | 10,000 | $18K | No change |
| JBT MAREL CORP (JBTM 0.25 05/15/26) | NOTE 0.250% 5/1 · principal | 18,000 | $18K | No change |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 21,000 | $18K | Reduce -16.0% |
| SSR MINING INC (SSRMCN 2.5 04/01/39) | NOTE 2.500% 4/0 · principal | 10,000 | $14K | No change |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | 14,000 | $14K | Reduce -30.0% |
| GREENBRIER COS INC (GBX 2.875 04/15/28) | NOTE 2.875% 4/1 · principal | 12,000 | $13K | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 14,000 | $13K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 12,000 | $11K | No change |
| LCI INDUSTRIES (LCII 1.125 05/15/26) | NOTE 1.125% 5/1 · principal | 12,000 | $11K | No change |
| ETSY INC (ETSY 0.125 09/01/27) | NOTE 0.125% 9/0 · principal | 10,000 | $9K | No change |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 34,000 | $3K | No change |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | 14,885 | $2K | Reduce -98.8% |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | 38,460 | $731 | Reduce -94.1% |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 19,261 | $720 | Add +46.9% |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | 59,583 | $483 | Reduce -5.8% |
Total filed on the 13F, all lines: $311.0B.
Portfolio Sells Q2 2025 → Q3 2025
| NFLX Netflix Inc. | Reduce -14.2% | 0.31% | −0.12 |
| V Visa Inc. Class A | Reduce -1.3% | 0.63% | −0.08 |
| IGV iShares Expanded Tech-Softwa | Reduce -83.0% | 0.02% | −0.08 |
| IBM Intl Business Machines Corp. | Reduce -14.7% | 0.24% | −0.07 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -3.6% | 1.05% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -7.5% | 0.34% | −0.06 |
| FISV Fiserv Inc. | Reduce -10.4% | 0.10% | −0.06 |
| DRI Darden Restaurants Inc. | Reduce -2.2% | 0.21% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -5.0% | 0.19% | −0.05 |
| ACN Accenture PLC Class A | Reduce -6.2% | 0.13% | −0.05 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -17.9% | 0.19% | −0.05 |
| ACIO Aptus Collared Invest Opp | Reduce -68.8% | 0.02% | −0.05 |
| SNY Sanofi-ADR | Reduce -41.6% | 0.05% | −0.05 |
| XLV SS Health Care Select Sector | Reduce -13.4% | 0.22% | −0.04 |
| PGR Progressive Corp. | Reduce -11.1% | 0.14% | −0.04 |
| PEG Public Service Enterprise GP | Reduce -24.2% | 0.10% | −0.04 |
| FIS Fidelity National Info Serv | Reduce -0.1% | 0.13% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -4.4% | 0.07% | −0.04 |
| IT Gartner Inc. | Reduce -87.0% | 0.00% | −0.04 |
| CB Chubb Ltd. | Reduce -0.2% | 0.38% | −0.04 |
| INTU Intuit Inc. | Reduce -16.9% | 0.08% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.7% | 0.31% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -4.6% | 0.87% | −0.04 |
| APD Air Products & Chemicals Inc. | Reduce -1.5% | 0.27% | −0.03 |
| ELV Elevance Health Inc. | Reduce -31.5% | 0.04% | −0.03 |
| CME Cme Group Inc. | Reduce -0.1% | 0.36% | −0.03 |
| WAB Wabtec Corp. | Reduce -27.6% | 0.06% | −0.03 |
| VNOM Viper Energy Inc. | Sold out | 0.00% | −0.03 |
| DXCM Dexcom Inc. | Reduce -1.1% | 0.07% | −0.03 |
| UPS United Parcel Service Class B | Reduce -8.3% | 0.07% | −0.03 |
| SPGI S&P Global Inc. | Reduce -0.9% | 0.16% | −0.03 |
| UNP Union Pacific Corp. | Reduce -3.7% | 0.32% | −0.03 |
| VONG Vanguard Russell 1000 Growth | Reduce -20.1% | 0.11% | −0.02 |
| LPLA LPL Financial Holdings Inc. | Reduce -5.3% | 0.09% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -1.5% | 0.65% | −0.02 |
| DRSK Aptus Defined Risk ETF | Reduce -66.5% | 0.01% | −0.02 |
| COR Cencora Inc. | Reduce -14.8% | 0.11% | −0.02 |
| EMR Emerson Electric Co. | Reduce -10.9% | 0.10% | −0.02 |
| FJUL FT Vest US Equity Buffer ETF | Reduce -67.5% | 0.01% | −0.02 |
| TMUS T-Mobile US Inc. | Reduce -7.2% | 0.15% | −0.02 |
| DIS The Walt Disney Co. | Reduce -3.0% | 0.11% | −0.02 |
| BAC Bank of America Corp. | Reduce -9.9% | 0.24% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.6% | 0.06% | −0.02 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -16.2% | 0.10% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -1.3% | 0.21% | −0.02 |
| WCN Waste Connections Inc. | Reduce -15.3% | 0.06% | −0.02 |
| ODFL Old Dominion Freight Line | Reduce -51.7% | 0.01% | −0.02 |
| KVUE Kenvue Inc. | Reduce -56.8% | 0.01% | −0.02 |
| FICO Fair Isaac Corp. | Reduce -12.6% | 0.04% | −0.02 |
| SYK Stryker Corp. | Reduce -2.7% | 0.11% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +1.8% | 2.44% | +0.37 |
| GOOGL Alphabet Inc. Class A | Add +1.2% | 1.04% | +0.24 |
| GOOG Alphabet Inc. Class C | Add +1.6% | 0.59% | +0.14 |
| ABBV Abbvie Inc. | Add +2.4% | 0.71% | +0.11 |
| JNJ Johnson & Johnson | Add +7.3% | 0.60% | +0.11 |
| IGM iShares Expanded Tech Sector | Add +393.9% | 0.12% | +0.09 |
| TSLA Tesla Inc. | Add +3.6% | 0.33% | +0.09 |
| ADI Analog Devices Inc. | Add +29.2% | 0.38% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | Add +8.0% | 0.76% | +0.07 |
| RBLX Roblox Corp. Class A | Add +321.6% | 0.08% | +0.07 |
| WFC Wells Fargo & Co. | Add +35.8% | 0.19% | +0.05 |
| GLW Corning Inc. | Add +19.2% | 0.11% | +0.05 |
| CVX Chevron Corp. | Add +12.1% | 0.35% | +0.04 |
| CMI Cummins Inc. | Add +4.5% | 0.21% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +5.4% | 0.23% | +0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +82.0% | 0.09% | +0.04 |
| GLD SPDR Gold Shares | Add +7.4% | 0.27% | +0.04 |
| CGGR Cap Group Growth Equity | Add +31.7% | 0.16% | +0.04 |
| BE Bloom Energy Corp. Class A | Add +80.4% | 0.04% | +0.04 |
| ETR Entergy Corp. | Add +137.1% | 0.06% | +0.04 |
| CGDV Cap Group Dividend Value | Add +14.3% | 0.30% | +0.04 |
| ENB Enbridge Inc. | Add +43.7% | 0.11% | +0.04 |
| APP AppLovin Corp. Class A | Add +2.4% | 0.07% | +0.04 |
| HD Home Depot Inc. | Add +1.7% | 0.74% | +0.03 |
| DKS Dick's Sporting Goods Inc. | Add +274.3% | 0.05% | +0.03 |
| MPC Marathon Petroleum Corp. | Add +0.4% | 0.37% | +0.03 |
| NVS Novartis AG-Sponsored ADR | Add +77.7% | 0.07% | +0.03 |
| CAT Caterpillar Inc. | Add +5.2% | 0.16% | +0.03 |
| RDDT Reddit Inc. Class A | Add +115.5% | 0.04% | +0.03 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +39.5% | 0.06% | +0.03 |
| CHRW C.H. Robinson Worldwide Inc. | Add +68.5% | 0.04% | +0.02 |
| TJX TJX Companies Inc. | Add +0.1% | 0.28% | +0.02 |
| APH Amphenol Corp. Class A | Add +8.4% | 0.11% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +6.4% | 0.48% | +0.02 |
| PBUS Invesco MSCI USA ETF | Add +200.8% | 0.03% | +0.02 |
| SHOP Shopify Inc. Class A | Add +2.8% | 0.11% | +0.02 |
| SPMO Invesco S&P 500 Momentum ETF | Add +62.0% | 0.05% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.9% | 0.39% | +0.02 |
| AZN Astrazeneca PLC-Spons ADR | Add +16.3% | 0.11% | +0.02 |
| ANET Arista Networks Inc. | Add +10.6% | 0.05% | +0.02 |
| CGUS Cap Group Core Equity | Add +24.0% | 0.09% | +0.02 |
| IDXX Idexx Laboratories Inc. | Add +29.3% | 0.06% | +0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +17.9% | 0.10% | +0.02 |
| IAU iShares Gold Trust | Add +5.2% | 0.13% | +0.02 |
| MDT Medtronic PLC | Add +3.0% | 0.34% | +0.02 |
| FENI Fidelity Enhanced Intl ETF | Add +178.7% | 0.03% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +1.6% | 0.39% | +0.02 |
| GE General Electric | Add +4.2% | 0.13% | +0.02 |
| STX Seagate Technology Holdings | Add +16.1% | 0.04% | +0.02 |
| AMD Advanced Micro Devices | Add +3.0% | 0.17% | +0.02 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -13.7% | 162,300 | $92.2M |
| QQQ Invesco QQQ Trust Series 1 | put | Add +434.8% | 12,300 | $6.6M |
| LB Landbridge Co. LLC-A | put | Sold out | 58,800 | $3.8Mbefore exit |
| RSP Invesco S&P 500 Equal Weight | put | Add +26.1% | 14,500 | $2.7M |
| NVDA Nvidia Corp. | put | Reduce -48.7% | 16,000 | $2.4M |
| AAPL Apple Inc. | put | Reduce -9.7% | 10,300 | $1.9M |
| GDX Vaneck Gold Miners ETF | call | New | 31,400 | $1.9M |
| GIS General Mills Inc. | call | New | 39,900 | $1.8M |
| ITA iShares U.S. Aerospace & Def | call | New | 7,400 | $1.6M |
| IAU iShares Gold Trust | put | New | 22,800 | $1.5M |
| GOOG Alphabet Inc. Class C | put | Add +172.4% | 7,900 | $1.4M |
| BYRN Byrna Technologies Inc. | put | Sold out | 48,100 | $1.4Mbefore exit |
| LASR Nlight Inc. | put | New | 57,400 | $1.4M |
| VNOM Viper Energy Inc. | call | Sold out | 35,900 | $1.3Mbefore exit |
| BJ Bj's Wholesale Club Holdings | put | New | 12,800 | $1.2M |
| NEM Newmont Corp. | put | Reduce -50.0% | 23,800 | $1.1M |
| TLT iShares 20+ Year Treasury BD | put | Reduce -57.7% | 13,200 | $1.1M |
| LMT Lockheed Martin Corp. | put | Sold out | 2,000 | $950Kbefore exit |
| KKR KKR & Co. Inc. | put | Sold out | 7,600 | $874Kbefore exit |
| FCX Freeport-McMoran Inc. | put | New | 18,800 | $846K |
| PFE Pfizer Inc. | put | New | 32,100 | $835K |
| TTE Totalenergies SE -Spon ADR | put | New | 11,600 | $725K |
| LULU Lululemon Athletica Inc. | call | New | 3,000 | $690K |
| ORCL Oracle Corp. | call | New | 2,400 | $648K |
| NOG Northern Oil and Gas Inc. | put | New | 23,300 | $629K |
| CROX Crocs Inc. | call | Sold out | 5,000 | $625Kbefore exit |
| MRK Merck & Co. Inc. | put | Sold out | 8,000 | $600Kbefore exit |
| GDX Vaneck Gold Miners ETF | put | New | 10,800 | $594K |
| KHC The Kraft Heinz Co. | put | New | 18,400 | $506K |
| AMZN Amazon.com Inc. | put | Reduce -31.6% | 2,600 | $485K |
| IRM Iron Mountain Inc. | put | Sold out | 5,200 | $442Kbefore exit |
| META Meta Platforms Inc. Class A | put | New | 700 | $424K |
| CGC Canopy Growth Corp. | call | Sold out | 74,500 | $410Kbefore exit |
| DOW Dow Inc. | call | Sold out | 15,000 | $390Kbefore exit |
| BCE Bce Inc. | call | Sold out | 17,800 | $356Kbefore exit |
| FIS Fidelity National Info Serv | put | Reduce -36.7% | 3,800 | $276K |
| VTI VG Morningstar TS MKT ETF-US | put | Sold out | 1,100 | $275Kbefore exit |
| FTAI Ftai Aviation Ltd. | put | Reduce -50.0% | 2,500 | $263K |
| JPM JPMorgan Chase & Co. | put | Add +80.0% | 900 | $231K |
| IBIT iShares Bitcoin Trust ETF | call | New | 3,000 | $225K |
| PL Planet Labs PBC | put | Sold out | 55,500 | $222Kbefore exit |
| XLI SS Industrial Select Sector | put | Sold out | 1,500 | $210Kbefore exit |
| NVDA Nvidia Corp. | call | Add +6.7% | 1,600 | $193K |
| AVGO Broadcom Inc. | put | Add +600.0% | 700 | $187K |
| RBLX Roblox Corp. Class A | put | New | 1,800 | $180K |
| RY Royal Bank of Canada | call | New | 1,300 | $176K |
| IGV iShares Expanded Tech-Softwa | put | Sold out | 1,600 | $170Kbefore exit |
| DAL Delta Air Lines Inc. | put | New | 3,000 | $150K |
| TSLA Tesla Inc. | put | Add +66.7% | 500 | $145K |
| RDDT Reddit Inc. Class A | put | New | 700 | $130K |
Showing the first 50 of 102.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Add +22.2% | 232,510 | $15.8M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -1.0% | 8,381 | $10.3M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.5% | 6,841 | $8.8M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 207,468 | $8.2Mbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Add +3.9% | 21,765 | $1.5M |
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Add +0.1% | 18,723 | $934K |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Reduce -43.3% | 24,215 | $917K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +1.7% | 31,537 | $796K |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +200.1% | 49,508 | $576K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -0.2% | 20,693 | $528K |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | Add +2.1% | 445,000 | $428K |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | Add +24.0% | 310,000 | $310K |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -1.5% | 4,220 | $297K |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Reduce -0.2% | 5,067 | $252K |
| NEXTERA ENERGY INC (NEE 7.299 06/01/27) | UNIT 06/01/2027 | Reduce -61.9% | 4,550 | $227K |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Reduce -90.2% | 2,925 | $208K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Sold out | 2,847 | $190Kbefore exit |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | Sold out | 8,211 | $141Kbefore exit |
| LMP CAPITAL AND INCOME FUND | RIGHT 07/11/2025 | Sold out | 1,667,805 | $119Kbefore exit |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Sold out | 24,670 | $90Kbefore exit |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | Sold out | 2,300 | $72Kbefore exit |
| PEBBLEBROOK HOTEL TRUST (PEB 6.375 PERP E) | 6.375 PFD SER E | Sold out | 3,680 | $65Kbefore exit |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Reduce -3.0% | 811,962 | $63K |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | Add +107.1% | 58,000 | $57K |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Reduce -2.1% | 47,000 | $45K |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Reduce -6.7% | 14,000 | $40K |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Sold out | 1,019 | $39Kbefore exit |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | Reduce -2.9% | 33,000 | $33K |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Reduce -28.6% | 30,000 | $30K |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -6.7% | 28,000 | $28K |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Sold out | 29,000 | $27Kbefore exit |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Sold out | 219 | $27Kbefore exit |
| AXON ENTERPRISE INC (AXON 0.5 12/15/27) | NOTE 0.500%12/1 · principal | Sold out | 7,000 | $25Kbefore exit |
| PEBBLEBROOK HOTEL TRUST (PEB 6.3 PERP F) | 6.3 CUM PFD SR F | Sold out | 1,416 | $25Kbefore exit |
| IONQ.WS Ionq Inc. -CW26 | *W EXP 09/30/202 | Sold out | 725 | $23Kbefore exit |
| NEXTERA ENERGY INC (NEE 7.234 11/01/27) | UNIT 11/01/2027 | Sold out | 500 | $22Kbefore exit |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Reduce -4.8% | 20,000 | $21K |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Reduce -4.8% | 20,000 | $20K |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Reduce -15.8% | 16,000 | $19K |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | Sold out | 1,694 | $19Kbefore exit |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | NOTE 0.125%11/0 · principal | Sold out | 18,000 | $18Kbefore exit |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | Reduce -16.0% | 21,000 | $18K |
| SOLAR EDGE TECHNOLOGIES (SEDG 0 09/15/25) | NOTE 9/1 · principal | Sold out | 16,000 | $16Kbefore exit |
| BLOCK INC (XYZ 0 05/01/26) | NOTE 5/0 · principal | Sold out | 15,000 | $14Kbefore exit |
| OKTA INC (OKTA 0.125 09/01/25) | NOTE 0.125% 9/0 · principal | Sold out | 14,000 | $14Kbefore exit |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Reduce -30.0% | 14,000 | $14K |
| BILL HOLDINGS INC (BILL 0 04/01/27) | NOTE 4/0 · principal | Sold out | 15,000 | $14Kbefore exit |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | Sold out | 118 | $13Kbefore exit |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 11,000 | $11Kbefore exit |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | Sold out | 2,375 | $10Kbefore exit |
Showing the first 50 of 151.
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 | 5,207 | $368.6B | VOO, AGG, AAPL, NVDA, MSFT |
| Q1 2026 | 5,106 | $324.2B | VOO, AGG, AAPL, MSFT, NVDA |
| Q4 2025 | 4,986 | $321.2B | VOO, AGG, MSFT, AAPL, NVDA |
| Q3 2025 | 4,822 | $310.9B | VOO, MSFT, AGG, AAPL, NVDA |
| Q2 2025 | 6,753 | $290.3B | VOO, MSFT, AGG, AAPL, NVDA |
| Q1 2025 | 4,691 | $265.5B | VOO, AGG, AAPL, MSFT, AMZN |
| Q4 2024Amended | 4,643 | $270.7B | VOO, AGG, AAPL, MSFT, NVDA |