Raymond James Financial Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Raymond James Financial Inc. reported 5,106 stock positions worth $324.2 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 5.6% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 2.7%) and Apple (AAPL, 2.4%). Compared with Q4 2025, it opened 292 new positions, sold out of 171, added to 2,806 and reduced 1,922. The biggest buy was Chevron (CVX, shares +6%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −12%).

Most Recent 13F
Q2 2026
Location
ST. PETERSBURG, FL
CIK
0000720005
Portfolio Value
$324.2B (Q1 2026)
SEC Filing
0000720005-26-000052 ↗ filed May 14, 2026

Holdings Value

0$100.0B$200.0B$300.0B$400.0B Q4 2024: $270.7B Q4 2024 Q1 2025: $265.5B Q1 2025 Q2 2025: $290.3B Q2 2025 Q3 2025: $310.9B Q3 2025 Q4 2025: $321.2B Q4 2025 Q1 2026: $324.2B $324.2B Q1 2026 Q2 2026: $368.6B Q2 2026

Holdings 5,106 stocks · $324.2B
VOO Vanguard S&P 500 ETF 5.65% 30,640,543 $18.3B Add +4.4%
AGG iShares Core U.S. Aggregate 2.72% 88,714,666 $8.8B Add +4.7%
AAPL Apple Inc. 2.36% 30,138,239 $7.6B Add +0.3%
MSFT Microsoft Corp. 2.02% 17,738,222 $6.6B Add +2.8%
NVDA Nvidia Corp. 1.88% 35,046,094 $6.1B Add +1.4%
AVGO Broadcom Inc. 1.55% 16,286,649 $5.0B Add +1.1%
AMZN Amazon.com Inc. 1.36% 21,213,148 $4.4B Add +1.4%
JPM JPMorgan Chase & Co. 1.31% 14,483,337 $4.3B Add +0.2%
IEFA iShares Core MSCI Eafe ETF 1.25% 44,654,401 $4.0B Add +3.5%
GOOGL Alphabet Inc. Class A 1.17% 13,153,137 $3.8B Reduce -1.2%
WMT Walmart Inc. 0.93% 24,130,868 $3.0B Reduce -2.4%
IVV iShares Core S&P 500 ETF 0.92% 4,551,199 $3.0B Add +4.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.91% 4,529,491 $2.9B Reduce -12.3%
JNJ Johnson & Johnson 0.77% 10,238,839 $2.5B Reduce -1.2%
IJH iShares Core S&P Midcap ETF 0.76% 36,437,011 $2.5B Add +1.7%
QQQ Invesco QQQ Trust Series 1 0.73% 4,083,654 $2.4B Add +4.5%
META Meta Platforms Inc. Class A 0.68% 3,868,055 $2.2B Add +5.4%
GOOG Alphabet Inc. Class C 0.67% 7,549,113 $2.2B Add +0.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.67% 7,515,492 $2.2B Add +5.2%
ABBV Abbvie Inc. 0.64% 9,604,349 $2.1B Add +2.2%
BRK.B Berkshire Hathaway Inc. Class B 0.63% 4,235,650 $2.0B Reduce -1.3%
ETN Eaton Corp. PLC 0.61% 5,515,091 $2.0B Add +3.4%
HD Home Depot Inc. 0.59% 5,840,346 $1.9B Add +1.8%
IJR iShares Core S&P Small-Cap E 0.54% 14,138,727 $1.8B Add +0.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.53% 8,736,451 $1.7B Reduce -0.3%
V Visa Inc. Class A 0.51% 5,506,658 $1.7B Add +0.1%
VUG Vanguard Mrngstar GR ETF-Sui 0.48% 3,575,213 $1.6B Add +7.4%
ADI Analog Devices Inc. 0.48% 4,865,859 $1.5B Add +0.5%
CVX Chevron Corp. 0.47% 7,281,963 $1.5B Add +5.7%
LLY Eli Lilly & Co. 0.46% 1,625,655 $1.5B Add +9.1%
VZ Verizon Communications Inc. 0.45% 29,333,458 $1.5B Add +3.0%
MSI Motorola Solutions Inc. 0.45% 3,363,408 $1.5B Reduce 0.0%
IWF iShares Russell 1000 Growth 0.45% 3,389,212 $1.4B Reduce -2.3%
XOM Exxon Mobil Corp. 0.44% 8,490,149 $1.4B Reduce -6.1%
MPC Marathon Petroleum Corp. 0.43% 5,773,769 $1.4B Reduce -0.7%
COST Costco Wholesale Corp. 0.43% 1,403,778 $1.4B Add +2.3%
IEMG iShares Core MSCI Emerging 0.43% 19,905,325 $1.4B Add +1.8%
CB Chubb Ltd. 0.41% 4,066,212 $1.3B Reduce -1.3%
USMV iShares MSCI USA Min Vol Fac 0.41% 14,250,677 $1.3B Add +3.5%
CME Cme Group Inc. 0.40% 4,374,832 $1.3B Add +1.3%
VIG Vanguard Dividend Apprec ETF 0.38% 5,720,946 $1.2B Add +2.3%
VTEB Vanguard Tax-Exempt Bond ETF 0.38% 24,433,775 $1.2B Reduce -0.7%
NEE Nextera Energy Inc. 0.37% 13,090,611 $1.2B Add +1.7%
IWD iShares Russell 1000 Value E 0.36% 5,512,527 $1.2B Add +2.5%
VYM Vanguard High DVD Yield ETF 0.35% 7,617,263 $1.1B Reduce -1.3%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.34% 25,834,967 $1.1B Add +9.5%
UNP Union Pacific Corp. 0.33% 4,398,367 $1.1B Add +6.1%
XLK SS Technology Select Sector 0.32% 7,922,658 $1.1B Reduce -2.4%
GLD SPDR Gold Shares 0.32% 2,407,083 $1.0B Reduce -2.5%
VEA Vanguard Ftse Developed ETF 0.31% 15,686,207 $1.0B Add +9.9%
KO The Coca-Cola Co. 0.30% 12,782,375 $972.6M Add +5.5%
TSLA Tesla Inc. 0.30% 2,586,070 $960.6M Add +5.6%
VTI VG Morningstar TS MKT ETF-US 0.29% 2,952,890 $947.3M Reduce -2.0%
RTX RTX Corp. 0.29% 4,914,898 $944.1M Reduce -7.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.29% 5,930,088 $943.6M Reduce -1.3%
PG The Procter & Gamble Co. 0.29% 6,513,234 $941.1M Add +5.0%
APD Air Products & Chemicals Inc. 0.29% 3,190,740 $926.9M Add +6.8%
JCI Johnson Controls Internation 0.28% 7,049,399 $922.8M Add +0.2%
TSM Taiwan Semiconductor-SP ADR 0.28% 2,677,982 $905.0M Add +0.0%
WFC Wells Fargo & Co. 0.27% 11,160,812 $884.7M Add +9.5%
NFLX Netflix Inc. 0.27% 8,943,170 $859.6M Add +8.7%
T AT&T Inc. 0.26% 29,142,722 $843.5M Add +10.6%
RDVY First Trust Rising Dividend 0.26% 12,344,290 $842.9M Add +9.4%
GEV GE Vernova Inc. 0.25% 926,900 $808.4M Add +7.6%
PM Philip Morris International 0.25% 4,879,987 $806.6M Add +5.5%
UNH Unitedhealth Group Inc. 0.25% 2,985,789 $805.9M Reduce -3.6%
CMI Cummins Inc. 0.25% 1,495,891 $802.3M Reduce -3.8%
MCD McDonald's Corp. 0.25% 2,580,439 $800.9M Add +6.4%
XLF SS Financial Select Sector 0.25% 16,174,693 $798.5M Reduce -0.7%
MRK Merck & Co. Inc. 0.24% 6,585,514 $791.9M Reduce -5.0%
MTUM iShares MSCI USA Momentum Fa 0.24% 3,281,064 $787.4M Add +2.0%
CSCO Cisco Systems Inc. 0.24% 10,094,811 $783.0M Add +2.8%
RSP Invesco S&P 500 Equal Weight 0.24% 4,048,901 $777.1M Add +9.4%
DIVO Amplify CWP Enhan Divid ETF 0.24% 17,263,349 $774.3M Add +10.8%
DGRO iShares Core Dividend Growth 0.24% 10,864,804 $762.5M Add +1.1%
QQQM Invesco Nasdaq 100 ETF 0.23% 3,189,189 $757.8M Add +8.6%
GS Goldman Sachs Group Inc. 0.23% 892,726 $748.8M Reduce -5.1%
MA Mastercard Inc. Class A 0.23% 1,483,178 $740.9M Reduce -3.5%
O Realty Income Corp. 0.23% 12,089,403 $739.6M Add +1.0%
ORCL Oracle Corp. 0.23% 4,988,247 $730.2M Add +5.2%
CAT Caterpillar Inc. 0.22% 1,026,197 $726.1M Add +0.7%
USHY iShares Broad Usd High Yield 0.22% 19,440,895 $716.2M Add +6.0%
AMD Advanced Micro Devices 0.22% 3,499,757 $711.5M Add +3.1%
XLV SS Health Care Select Sector 0.22% 4,787,128 $701.8M Reduce -3.8%
DRI Darden Restaurants Inc. 0.22% 3,565,772 $699.0M Add +2.4%
CRM Salesforce Inc. 0.21% 3,584,272 $669.0M Reduce -3.9%
WMB Williams Cos Inc. 0.20% 9,113,465 $662.6M Add +0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 2,739,003 $661.6M Reduce -2.9%
IEF iShares 7-10 Year Treasury B 0.20% 6,801,357 $649.1M Add +9.6%
MDT Medtronic PLC 0.20% 7,382,158 $638.3M Reduce -34.4%
XLC SS Comm Select Sector SPDR 0.19% 5,692,301 $631.0M Reduce -1.3%
DUK Duke Energy Corp. 0.19% 4,786,720 $627.6M Reduce -6.7%
ALL Allstate Corp. 0.19% 2,952,335 $612.1M Add +7.6%
SDVY First Trust Smid Cap Rising 0.19% 15,324,967 $604.3M Add +8.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.18% 12,129,999 $590.8M Reduce -16.5%
VB Vanguard Most SM-Cap ETF-Usd 0.18% 2,252,087 $589.9M Reduce -2.3%
PEP Pepsico Inc. 0.18% 3,716,174 $577.1M Add +14.6%
BND Vanguard Total Bond Market 0.18% 7,756,971 $571.2M Add +0.3%
AMGN Amgen Inc. 0.18% 1,620,353 $570.1M Reduce -4.8%
CGGR Cap Group Growth Equity 0.17% 14,117,411 $567.4M Add +13.7%

Show all 5,106 holdings

Options reported separately and not counted above: SPY puts ($106.8M), QQQ puts ($24.6M), AAPL puts ($7.2M), MSFT puts ($3.6M), NVDA puts ($2.6M), CRM calls ($2.1M), BRK.B puts ($1.6M), TSLA calls ($1.4M), LLY puts ($1.4M), TLT puts ($1.3M), AMZN puts ($1.1M), BAC calls ($1.1M), and 96 more.

Other holdings (66): bonds, preferreds, convertibles and warrants · $79.3M (not counted above)
SecurityClassShares / PrincipalValueChange
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV 231,056$14.9MAdd +4.1%
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D 322,311$14.5MNew
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 200,395$10.4MReduce -2.9%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 8,219$9.5MReduce -1.7%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 7,098$8.5MReduce -2.1%
WHIRLPOOL CORP (WHR 8.5 02/15/29 A) 8.5 DEP SR A CNV 157,719$6.5MNew
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 45,178$2.5MAdd +22.8%
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A 35,745$2.3MAdd +3.6%
QXO INC (QXO 5.5 05/15/28 B) 5.50 DEP PFD 36,105$2.0MReduce -2.9%
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 19,856$1.4MReduce -6.2%
EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) PFD CV TR SEC 28 18,753$952KAdd +0.1%
ENERGY TRANSFER LP (ET 9.25 PERP I) 9.250% FXD PFD I 78,483$908KNew
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 20,607$884KReduce -6.5%
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A 31,370$756KReduce -0.3%
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D 18,234$733KAdd +13.6%
REDWOOD TRUST INC (RWT 7.75 06/15/27) NOTE 7.750% 6/1 · principal 475,000$480KNo change
DISH NETWORK CORP (DISH 3.375 08/15/26) NOTE 3.375% 8/1 · principal 445,000$429KNo change
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD 5,567$201KAdd +3.7%
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal 165,000$132KAdd +1000.0%
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 17,800$98KNew
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 10,296$90KNo change
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal 86,000$86KReduce -12.2%
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal 78,000$77KAdd +34.5%
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal 76,000$73KReduce -20.8%
RAPID7 INC (RPD 1.25 03/15/29) NOTE 1.250% 3/1 · principal 82,000$69KNo change
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal 52,000$60KReduce -44.7%
GREENBRIER COS INC (GBX 2.875 04/15/28) NOTE 2.875% 4/1 · principal 52,000$60KNo change
GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) NOTE 5.875%10/0 · principal 60,000$56KNew
CERENCE INC (CRNC 1.5 07/01/28) NOTE 1.500% 7/0 · principal 50,000$44KNo change
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal 42,000$41KReduce -14.3%
LIVANOVA PLC (LIVN 2.5 03/15/29) NOTE 2.500% 3/1 · principal 32,000$37KNo change
PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) NOTE 1.750%12/1 · principal 37,000$36KNo change
BOX INC (BOX 1.5 09/15/29) NOTE 1.500% 9/1 · principal 39,000$36KReduce -22.0%
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal 36,000$33KNew
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal 35,000$33KReduce -35.2%
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal 30,000$31KReduce -16.7%
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) NOTE 2.000% 3/1 · principal 29,000$26KReduce -23.7%
ENPHASE ENERGY INC (ENPH 0 03/01/28) NOTE 3/0 · principal 27,000$24KAdd +107.7%
CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) NOTE 0.375% 6/1 · principal 20,000$20KNo change
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal 18,000$19KReduce -47.1%
NCL CORPORATION LTD (NCLH 1.125 02/15/27) NOTE 1.125% 2/1 · principal 18,000$18KNo change
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal 17,000$17KReduce -5.6%
REPLIGEN CORP (RGEN 1 12/15/28) NOTE 1.000%12/1 · principal 17,000$17KNo change
PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) NOTE 3.500% 3/0 · principal 17,000$15KNo change
ETSY INC (ETSY 0.125 09/01/27) NOTE 0.125% 9/0 · principal 16,000$15KNo change
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal 17,000$14KReduce -39.3%
AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) NOTE 1.125% 2/1 · principal 12,000$14KNo change
FIRSTENERGY CORP (FE 4 05/01/26) NOTE 4.000% 5/0 · principal 12,000$13KNo change
INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) NOTE 2.125% 2/1 · principal 11,000$13KNo change
LCI INDUSTRIES (LCII 1.125 05/15/26) NOTE 1.125% 5/1 · principal 12,000$12KNo change
MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) NOTE 3.250%12/1 · principal 12,000$12KNo change
VARONIS SYSTEM INC (VRNS 1 09/15/29) NOTE 1.000% 9/1 · principal 13,000$11KNo change
FIVE9 INC (FIVN 1 03/15/29) NOTE 1.000% 3/1 · principal 13,000$11KNo change
WORKIVA INC (WK 1.25 08/15/28) NOTE 1.250% 8/1 · principal 12,000$11KNo change
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal 11,000$11KReduce -54.2%
Q2 HOLDINGS INC (QTWO 0.75 06/01/26) NOTE 0.750% 6/0 · principal 10,000$10KNo change
DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) NOTE 3/1 · principal 11,000$10KReduce -45.0%
GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) NOTE 1.500% 3/0 · principal 11,000$10KNo change
TELADOC HEALTH INC (TDOC 1.25 06/01/27) NOTE 1.250% 6/0 · principal 10,000$10KNo change
SNAP INC (SNAP 0.5 05/01/30) NOTE 0.500% 5/0 · principal 10,000$8KNo change
UPSTART HOLDINGS INC (UPST 1 11/15/30) NOTE 1.000%11/1 · principal 11,000$8KNo change
GABELLI EQUITY TRUST-RT RIGHT 04/14/2026 609,999$4KReduce -5.2%
BLACKROCK UTILITIES INFR- RT RIGHT 04/02/2026 232,230$2KReduce -36.7%
LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) DEB 4.000%11/1 · principal 34,000$1KNo change
NEUBERGER HIGH YIELD-RT RIGHT 04/15/2026 88,091$705Add +60.1%
SQFTW Presidio Property TRST -CW27 *W EXP 01/24/202 10,993$219No change

Total filed on the 13F, all lines: $324.2B.

Portfolio Sells Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US Reduce -12.3% 0.91% −0.19
MDT Medtronic PLC Reduce -34.4% 0.20% −0.14
GOOGL Alphabet Inc. Class A Reduce -1.2% 1.17% −0.13
CRM Salesforce Inc. Reduce -3.9% 0.21% −0.10
UNH Unitedhealth Group Inc. Reduce -3.6% 0.25% −0.07
BAC Bank of America Corp. Reduce -16.5% 0.18% −0.07
IWF iShares Russell 1000 Growth Reduce -2.3% 0.45% −0.07
ACN Accenture PLC Class A Reduce -15.8% 0.10% −0.06
IBM Intl Business Machines Corp. Reduce -2.9% 0.20% −0.06
QCOM Qualcomm Inc. Reduce -4.3% 0.13% −0.05
BSX Boston Scientific Corp. Reduce -14.3% 0.06% −0.05
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.3% 0.63% −0.05
MA Mastercard Inc. Class A Reduce -3.5% 0.23% −0.04
ABT Abbott Laboratories Reduce -2.6% 0.17% −0.04
AIG American International Group Reduce -49.8% 0.03% −0.04
ARES Ares Management Corp. Class A Reduce -20.8% 0.04% −0.04
PLTR Palantir Technologies Inc. Class A Reduce -1.3% 0.16% −0.04
XLK SS Technology Select Sector Reduce -2.4% 0.32% −0.04
NOW ServiceNow Inc. Reduce -14.5% 0.05% −0.04
SPGI S&P Global Inc. Reduce -5.4% 0.12% −0.04
CVNA Carvana Co. Reduce -30.9% 0.03% −0.04
TSCO Tractor Supply Company Reduce -38.1% 0.04% −0.03
FICO Fair Isaac Corp. Reduce -85.1% 0.00% −0.03
PGR Progressive Corp. Reduce -13.3% 0.09% −0.03
SHOP Shopify Inc. Class A Reduce -1.7% 0.08% −0.03
IVW iShares S&P 500 Growth ETF Reduce -10.7% 0.14% −0.03
XLF SS Financial Select Sector Reduce -0.7% 0.25% −0.03
EEMA iShares MSCI Emerg MRKT Asia Reduce -64.3% 0.02% −0.03
VPL Vanguard Ftse Pacific ETF Reduce -64.4% 0.02% −0.03
PNC PNC Financial Services Group Reduce -16.2% 0.12% −0.03
GS Goldman Sachs Group Inc. Reduce -5.1% 0.23% −0.03
APP AppLovin Corp. Class A Reduce -7.5% 0.03% −0.02
XLV SS Health Care Select Sector Reduce -3.8% 0.22% −0.02
VT Vanguard Tot World STK ETF Reduce -37.0% 0.04% −0.02
VTI VG Morningstar TS MKT ETF-US Reduce -2.0% 0.29% −0.02
AZN Astrazeneca PLC Reduce -21.4% 0.11% −0.02
MLM Martin Marietta Materials Reduce -26.8% 0.04% −0.02
WYNN WYNN Resorts Ltd. Reduce -35.9% 0.02% −0.02
CRDO Credo Technology Group Holdi Reduce -48.0% 0.01% −0.02
PANW Palo Alto Networks Inc. Reduce -1.5% 0.11% −0.02
AXON Axon Enterprise Inc. Reduce -0.9% 0.05% −0.02
USIG iShares Broad Usd Investment Reduce -64.1% 0.01% −0.02
LPLA LPL Financial Holdings Inc. Reduce -8.7% 0.06% −0.02
DASH DoorDash Inc. Class A Reduce -42.3% 0.01% −0.02
RYAN Ryan Specialty Holdings Inc. Reduce -92.1% 0.00% −0.02
WDAY Workday Inc. Class A Reduce -26.2% 0.01% −0.02
TT Trane Technologies PLC Reduce -14.8% 0.17% −0.02
SUSA iShares ESG Optimized MSCI U Reduce -67.3% 0.01% −0.02
RBA RB Global Inc. Reduce -16.3% 0.05% −0.02
MOAT Vaneck Morningstar Wide Moat Reduce -11.6% 0.08% −0.02

Portfolio Buys Q4 2025 → Q1 2026
CVX Chevron Corp. Add +5.7% 0.47% +0.14
VZ Verizon Communications Inc. Add +3.0% 0.45% +0.09
AGG iShares Core U.S. Aggregate Add +4.7% 2.72% +0.08
ZTS Zoetis Inc. Add +244.0% 0.12% +0.08
IEUR iShares Core MSCI Europe ETF Add +375.0% 0.10% +0.08
ETN Eaton Corp. PLC Add +3.4% 0.61% +0.08
GEV GE Vernova Inc. Add +7.6% 0.25% +0.07
ADI Analog Devices Inc. Add +0.5% 0.48% +0.07
COST Costco Wholesale Corp. Add +2.3% 0.43% +0.06
LIN Linde PLC Add +37.2% 0.16% +0.06
T AT&T Inc. Add +10.6% 0.26% +0.06
APD Air Products & Chemicals Inc. Add +6.8% 0.29% +0.06
TXN Texas Instruments Inc. Add +38.1% 0.16% +0.05
NEE Nextera Energy Inc. Add +1.7% 0.37% +0.05
AMAT Applied Materials Inc. Add +10.1% 0.15% +0.05
IEFA iShares Core MSCI Eafe ETF Add +3.5% 1.25% +0.05
CAT Caterpillar Inc. Add +0.7% 0.22% +0.04
VLO Valero Energy Corp. Add +15.6% 0.09% +0.04
COP Conocophillips Add +7.7% 0.11% +0.04
OXY Occidental Petroleum Corp. Add +145.1% 0.05% +0.04
KO The Coca-Cola Co. Add +5.5% 0.30% +0.04
BKDV BNY Mellon Dynamic Value Add +130.9% 0.06% +0.04
WMB Williams Cos Inc. Add +0.1% 0.20% +0.03
ETR Entergy Corp. Add +8.3% 0.15% +0.03
DVN Devon Energy Corp. Add +79.9% 0.06% +0.03
PEP Pepsico Inc. Add +14.6% 0.18% +0.03
BIL SS SPDR BB 1-3M T-Bill ETF Add +28.5% 0.15% +0.03
VEA Vanguard Ftse Developed ETF Add +9.9% 0.31% +0.03
CME Cme Group Inc. Add +1.3% 0.40% +0.03
BP BP PLC-Spons ADR Add +49.2% 0.06% +0.03
FIX Comfort Systems USA Inc. Add +56.3% 0.06% +0.03
UNP Union Pacific Corp. Add +6.1% 0.33% +0.03
SCHD Schwab US DVD Equity ETF Add +10.7% 0.16% +0.03
XLE SS Energy Select Sector Add +0.1% 0.11% +0.03
TTE Totalenergies SE Add +2.3% 0.10% +0.03
Q Qnity Electronics Inc. Add +58.2% 0.05% +0.03
AMT American Tower Corp. Add +54.5% 0.08% +0.03
JCPB JPMorgan Core Plus Bond ETF Add +40.6% 0.10% +0.03
CVE Cenovus Energy Inc. Add +593.7% 0.03% +0.03
CASY Casey's General Stores Inc. Add +1.5% 0.12% +0.03
HON Honeywell International Inc. Add +14.3% 0.11% +0.03
BURL Burlington Stores Inc. Add +405.0% 0.03% +0.03
SGOV iShares 0-3 Month Treasury B Add +31.8% 0.11% +0.03
TSM Taiwan Semiconductor-SP ADR Add +0.0% 0.28% +0.03
NFLX Netflix Inc. Add +8.7% 0.27% +0.03
VKTX Viking Therapeutics Inc. Add +125.1% 0.04% +0.02
EQIX Equinix Inc. Add +14.7% 0.08% +0.02
DIVO Amplify CWP Enhan Divid ETF Add +10.8% 0.24% +0.02
IJH iShares Core S&P Midcap ETF Add +1.7% 0.76% +0.02
ASML ASML Holding NV-NY Reg SHS Add +0.8% 0.12% +0.02

Options Activity Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US put Add +6.2% 171,100 $106.8M
QQQ Invesco QQQ Trust Series 1 put Reduce -8.5% 49,500 $24.6M
AAPL Apple Inc. put Add +24.2% 31,800 $7.2M
MSFT Microsoft Corp. put Add +131.8% 10,200 $3.6M
NVDA Nvidia Corp. put Reduce -43.7% 15,600 $2.6M
CRM Salesforce Inc. call New 8,500 $2.1M
GIS General Mills Inc. call Sold out 39,900 $1.8Mbefore exit
BRK.B Berkshire Hathaway Inc. Class B put Add +220.0% 3,200 $1.6M
ITA iShares U.S. Aerospace & Def call Sold out 7,400 $1.6Mbefore exit
TSLA Tesla Inc. call Add +1125.0% 4,900 $1.4M
LLY Eli Lilly & Co. put Add +466.7% 1,700 $1.4M
TLT iShares 20+ Year Treasury BD put Add +18.2% 15,600 $1.3M
RSP Invesco S&P 500 Equal Weight put Sold out 7,000 $1.2Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US call Sold out 1,800 $1.2Mbefore exit
NSC Norfolk Southern Corp. put Sold out 5,700 $1.1Mbefore exit
AMZN Amazon.com Inc. put Reduce -23.0% 5,700 $1.1M
BAC Bank of America Corp. call New 30,000 $1.1M
GOOGL Alphabet Inc. Class A put Add +225.0% 3,900 $981K
LEN Lennar Corp. Class A put Sold out 8,600 $903Kbefore exit
AMZN Amazon.com Inc. call Sold out 4,000 $900Kbefore exit
LLY Eli Lilly & Co. call New 1,000 $800K
MSFT Microsoft Corp. call Reduce -33.3% 2,000 $800K
TRVI Trevi Therapeutics Inc. call Reduce -33.3% 100,000 $800K
NVO Novo-Nordisk A/S-Spons ADR put New 20,800 $794K
UNH Unitedhealth Group Inc. call New 2,600 $787K
GDX Vaneck Gold Miners ETF call Sold out 10,600 $774Kbefore exit
TTE Totalenergies SE put Sold out 11,600 $725Kbefore exit
LULU Lululemon Athletica Inc. call Sold out 3,000 $690Kbefore exit
AAPL Apple Inc. call Add +200.0% 3,000 $680K
KHC The Kraft Heinz Co. put New 30,000 $675K
NFLX Netflix Inc. call New 7,500 $675K
MU Micron Technology Inc. put Add +1900.0% 2,000 $660K
NOG Northern Oil and Gas Inc. put Sold out 23,300 $629Kbefore exit
XYZ Block Inc. call New 10,000 $600K
GOOG Alphabet Inc. Class C put Reduce -38.9% 2,200 $580K
INTC Intel Corp. call Reduce -44.4% 12,500 $563K
BJ Bj's Wholesale Club Holdings put Reduce -9.2% 5,900 $561K
PYPL PayPal Holdings Inc. call Add +100.0% 8,000 $560K
CRM Salesforce Inc. put New 3,200 $557K
NVO Novo-Nordisk A/S-Spons ADR call New 8,500 $510K
PFE Pfizer Inc. call Sold out 14,000 $490Kbefore exit
IRM Iron Mountain Inc. put Sold out 5,200 $468Kbefore exit
NTAP Netapp Inc. put New 5,000 $400K
STT State Street Corp. put New 4,000 $400K
AVGO Broadcom Inc. put Add +14.3% 1,600 $400K
WMT Walmart Inc. put New 3,700 $370K
CVX Chevron Corp. put New 2,500 $363K
UBER Uber Technologies Inc. call New 5,000 $313K
DXCM Dexcom Inc. call New 5,000 $300K
LMT Lockheed Martin Corp. put Add +20.0% 600 $298K

Showing the first 50 of 125.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2025 → Q1 2026
HP ENTERPRISE CO (HPE 7.625 09/01/27) 7.625 MAND CONV Add +4.1% 231,056 $14.9M
ORACLE CORP (ORCL 6.5 01/15/29 D) 6.5 DEP CUM SR D New 322,311 $14.5M
NEXTERA ENERGY INC (NEE 7.234 11/01/27) UNIT 11/01/2027 Reduce -2.9% 200,395 $10.4M
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Reduce -1.7% 8,219 $9.5M
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -2.1% 7,098 $8.5M
WHIRLPOOL CORP (WHR 8.5 02/15/29 A) 8.5 DEP SR A CNV New 157,719 $6.5M
NEXTERA ENERGY INC (NEE 7.299 06/01/27) UNIT 06/01/2027 Add +22.8% 45,178 $2.5M
BOEING CO/THE (BA 6 10/15/27) DEP CONV PFD A Add +3.6% 35,745 $2.3M
QXO INC (QXO 5.5 05/15/28 B) 5.50 DEP PFD Reduce -2.9% 36,105 $2.0M
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A Reduce -6.2% 19,856 $1.4M
EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) PFD CV TR SEC 28 Add +0.1% 18,753 $952K
ENERGY TRANSFER LP (ET 9.25 PERP I) 9.250% FXD PFD I New 78,483 $908K
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Reduce -6.5% 20,607 $884K
RLJ LODGING TRUST (RLJ 1.95 PERP A) CUM CONV PFD A Reduce -0.3% 31,370 $756K
KKR & CO INC (KKR 6.25 03/01/28 D) 6.25 CON SER D Add +13.6% 18,234 $733K
ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) 6.75 SE B PFD Add +3.7% 5,567 $201K
PENNYMAC CORP (PMT 5.5 03/15/26) NOTE 5.500% 3/1 · principal Sold out 146,000 $145Kbefore exit
SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) NOTE 3.500% 3/0 · principal Add +1000.0% 165,000 $132K
ALARM.COM HLDGS INC (ALRM 0 01/15/26) NOTE 1/1 · principal Sold out 100,000 $100Kbefore exit
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 New 17,800 $98K
JBT MAREL CORP (JBTM 0.25 05/15/26) NOTE 0.250% 5/1 · principal Reduce -12.2% 86,000 $86K
BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) NOTE 5.500% 3/1 · principal Add +34.5% 78,000 $77K
BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) NOTE 1.250% 5/1 · principal Reduce -20.8% 76,000 $73K
RINGCENTRAL INC (RNG 0 03/15/26) NOTE 3/1 · principal Sold out 70,000 $69Kbefore exit
FORD MOTOR COMPANY (F 0 03/15/26) NOTE 3/1 · principal Sold out 62,000 $64Kbefore exit
AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) NOTE 0.375% 9/0 · principal Reduce -44.7% 52,000 $60K
GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) NOTE 5.875%10/0 · principal New 60,000 $56K
OIL STATES INTL INC (OIS 4.75 04/01/26) NOTE 4.750% 4/0 · principal Sold out 50,000 $50Kbefore exit
SUMMIT HOTEL PROPERTIES (INN 1.5 02/15/26) NOTE 1.500% 2/1 · principal Sold out 50,000 $50Kbefore exit
ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) NOTE 0.500% 3/0 · principal Reduce -14.3% 42,000 $41K
BOX INC (BOX 1.5 09/15/29) NOTE 1.500% 9/1 · principal Reduce -22.0% 39,000 $36K
DEXCOM INC (DXCM 0.375 05/15/28) NOTE 0.375% 5/1 · principal New 36,000 $33K
VAIL RESORTS INC (MTN 0 01/01/26) NOTE 1/0 · principal Sold out 33,000 $33Kbefore exit
BLACKLINE INC (BL 1 06/01/29) NOTE 1.000% 6/0 · principal Reduce -35.2% 35,000 $33K
IMAX CORP (IMAX 0.5 04/01/26) NOTE 0.500% 4/0 · principal Sold out 25,000 $32Kbefore exit
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal Reduce -16.7% 30,000 $31K
AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) NOTE 2.000% 3/1 · principal Reduce -23.7% 29,000 $26K
JETBLUE AIRWAYS CORP (JBLU 0.5 04/01/26) CONVERTIBLE BOND · principal Sold out 25,000 $24Kbefore exit
ENPHASE ENERGY INC (ENPH 0 03/01/28) NOTE 3/0 · principal Add +107.7% 27,000 $24K
SPOTIFY USA INC (SPOT 0 03/15/26) NOTE 3/1 · principal Sold out 18,000 $20Kbefore exit
ITRON INC (ITRI 0 03/15/26) NOTE 3/1 · principal Sold out 20,000 $20Kbefore exit
STRIDE INC (LRN 1.125 09/01/27) NOTE 1.125% 9/0 · principal Sold out 14,000 $19Kbefore exit
HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) NOTE 0.250% 3/0 · principal Reduce -47.1% 18,000 $19K
TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) NOTE 0.250% 3/1 · principal Sold out 17,000 $17Kbefore exit
COINBASE GLOBAL INC (COIN 0.5 06/01/26) NOTE 0.500% 6/0 · principal Reduce -5.6% 17,000 $17K
HAEMONETICS CORP (HAE 2.5 06/01/29) NOTE 2.500% 6/0 · principal Sold out 15,000 $16Kbefore exit
EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) NOTE 0.750% 3/1 · principal Reduce -39.3% 17,000 $14K
AIRBNB INC (ABNB 0 03/15/26) NOTE 3/1 · principal Sold out 13,000 $13Kbefore exit
ETSY INC (ETSY 0.125 10/01/26) NOTE 0.125%10/0 · principal Sold out 11,000 $11Kbefore exit
ITRON INC (ITRI 1.375 07/15/30) NOTE 1.375% 7/1 · principal Reduce -54.2% 11,000 $11K

Showing the first 50 of 55.

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5,207$368.6BVOO, AGG, AAPL, NVDA, MSFT
Q1 2026 5,106$324.2BVOO, AGG, AAPL, MSFT, NVDA
Q4 2025 4,986$321.2BVOO, AGG, MSFT, AAPL, NVDA
Q3 2025 4,822$310.9BVOO, MSFT, AGG, AAPL, NVDA
Q2 2025 6,753$290.3BVOO, MSFT, AGG, AAPL, NVDA
Q1 2025 4,691$265.5BVOO, AGG, AAPL, MSFT, AMZN
Q4 2024Amended 4,643$270.7BVOO, AGG, AAPL, MSFT, NVDA