RB Capital Management, LLC

Name: RB Capital Management, LLC 13F holdings, Q4 2024
Creator: RB Capital Management, LLC
Published: 2025-02-18

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), RB Capital Management, LLC reported 184 stock positions worth $409.8 million. Its top holding was Apple (AAPL) at 17.5% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 4.9%) and Costco Wholesale (COST, 3.8%). Compared with Q3 2024, it opened 7 new positions, sold out of 4, added to 86 and reduced 80. The biggest buy was Broadcom (AVGO, shares +2%) and the biggest sale Nike Class B (NKE, shares −7%).

Most Recent 13F: Q2 2026
Location: RENO, NV
CIK: 0001695582
Portfolio Value: $409.8M (Q4 2024)
SEC Filing: 0001095449-25-000013 ↗ filed Feb 18, 2025

Holdings Value

Holdings 184 stocks · $409.8M


AAPL Apple Inc.	17.47%	285,895	$71.6M	Reduce -5.5%
BRK.B Berkshire Hathaway Inc. Class B	4.95%	44,738	$20.3M	Add +1.1%
COST Costco Wholesale Corp.	3.82%	17,104	$15.7M	Reduce -1.2%
NVDA Nvidia Corp.	3.57%	108,991	$14.6M	Reduce -5.5%
MSFT Microsoft Corp.	2.61%	25,330	$10.7M	Reduce -0.1%
GOOG Alphabet Inc. Class C	2.54%	54,656	$10.4M	Reduce -4.5%
AMZN Amazon.com Inc.	2.34%	43,648	$9.6M	Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US	2.20%	15,390	$9.0M	Add +1.3%
META Meta Platforms Inc. Class A	2.13%	14,874	$8.7M	Add +0.8%
V Visa Inc. Class A	2.03%	26,313	$8.3M	Add +0.3%
JAAA Janus Henderson Aaa Clo ETF	1.81%	146,389	$7.4M	Add +14.2%
CRM Salesforce Inc.	1.73%	21,210	$7.1M	Reduce -0.1%
AVGO Broadcom Inc.	1.71%	30,189	$7.0M	Add +1.9%
JPM JPMorgan Chase & Co.	1.53%	26,212	$6.3M	Add +2.1%
GOOGL Alphabet Inc. Class A	1.52%	32,964	$6.2M	Add +1.3%
SBUX Starbucks Corp.	1.26%	56,656	$5.2M	Add +0.1%
MA Mastercard Inc. Class A	1.23%	9,540	$5.0M	Add +2.0%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL	1.19%	46,340	$4.9M	Add +0.3%
PEP Pepsico Inc.	1.19%	31,940	$4.9M	Reduce -4.1%
ABT Abbott Laboratories	1.11%	40,246	$4.6M	Reduce -2.3%
CVX Chevron Corp.	1.04%	29,334	$4.2M	Add +2.9%
ADX Adams Diversified Equity	1.01%	204,156	$4.1M	Add +8.3%
NKE Nike Inc. Class B	0.97%	52,436	$4.0M	Reduce -6.7%
AMGN Amgen Inc.	0.96%	15,093	$3.9M	Add +2.7%
VGIT Vanguard Intermediate-Term T	0.89%	63,147	$3.7M	Add +2.1%
HD Home Depot Inc.	0.88%	9,323	$3.6M	Reduce -1.1%
CAT Caterpillar Inc.	0.86%	9,746	$3.5M	Add +1.9%
WM Waste Management Inc.	0.82%	16,663	$3.4M	Reduce -0.8%
IWM iShares Russell 2000 ETF	0.81%	14,930	$3.3M	Add +0.4%
LULU Lululemon Athletica Inc.	0.80%	8,551	$3.3M	Reduce -0.7%
LLY Eli Lilly & Co.	0.76%	4,015	$3.1M	Add +4.7%
WMT Walmart Inc.	0.75%	33,827	$3.1M	Reduce -0.7%
CTAS Cintas Corp.	0.74%	16,684	$3.0M	Reduce -1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.74%	27,091	$3.0M	Reduce -6.5%
BSVO EA Bridgeway Omni Sm-Cp Val	0.71%	133,622	$2.9M	Add +1.1%
UNH Unitedhealth Group Inc.	0.67%	5,415	$2.7M	Add +0.6%
FTNT Fortinet Inc.	0.66%	28,600	$2.7M	No change
RVT Royce Small-Cap Trust Inc.	0.65%	168,405	$2.7M	Add +6.6%
CMG Chipotle Mexican Grill Inc.	0.62%	42,458	$2.6M	Add +6.0%
ABBV Abbvie Inc.	0.60%	13,869	$2.5M	Reduce -1.9%
XOM Exxon Mobil Corp.	0.60%	22,733	$2.4M	Add +3.3%
KO The Coca-Cola Co.	0.58%	38,118	$2.4M	Reduce -3.3%
GS Goldman Sachs Group Inc.	0.57%	4,059	$2.3M	Add +3.7%
ADBE Adobe Inc.	0.54%	4,944	$2.2M	Add +0.5%
PG The Procter & Gamble Co.	0.53%	12,892	$2.2M	Add +0.1%
AZO AutoZone Inc.	0.53%	672	$2.2M	Reduce -2.9%
LMT Lockheed Martin Corp.	0.52%	4,372	$2.1M	Add +2.4%
DFAC Dimensional US Core Equity 2	0.52%	61,208	$2.1M	Add +0.8%
AXP American Express Co.	0.49%	6,791	$2.0M	Add +4.6%
TY Tri-Continental Corp.	0.49%	63,187	$2.0M	Add +7.2%
INTU Intuit Inc.	0.48%	3,161	$2.0M	Reduce -0.3%
URI United Rentals Inc.	0.47%	2,751	$1.9M	Add +0.8%
MCD McDonald's Corp.	0.47%	6,616	$1.9M	Add +1.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.45%	41,662	$1.8M	Reduce -2.1%
NOC Northrop Grumman Corp.	0.42%	3,688	$1.7M	Add +0.4%
NFLX Netflix Inc.	0.41%	1,895	$1.7M	Add +3.9%
NVO Novo-Nordisk A/S-Spons ADR	0.40%	19,292	$1.7M	Reduce -4.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.40%	56,509	$1.7M	Reduce -1.5%
AVB Avalonbay Communities Inc.	0.40%	7,407	$1.6M	Reduce -2.8%
JNJ Johnson & Johnson	0.39%	11,099	$1.6M	Reduce -7.8%
DECK Deckers Outdoor Corp.	0.37%	7,452	$1.5M	Add +9.7%
PM Philip Morris International	0.36%	12,273	$1.5M	Reduce -0.4%
ONON On Holding AG Class A filed as ON HLDG AG	0.35%	26,396	$1.4M	Add +17.7%
GNRC Generac Holdings Inc.	0.33%	8,852	$1.4M	Reduce -1.4%
NOW ServiceNow Inc.	0.32%	1,229	$1.3M	Add +0.5%
YUM Yum! Brands Inc.	0.32%	9,654	$1.3M	Reduce -5.3%
PSA Public Storage	0.30%	4,069	$1.2M	Reduce -0.1%
MDLZ Mondelez International Inc. Class A	0.30%	20,305	$1.2M	Reduce -11.6%
TXN Texas Instruments Inc.	0.28%	6,069	$1.1M	Add +0.6%
ROL Rollins Inc.	0.28%	24,384	$1.1M	Reduce -1.9%
QQQ Invesco QQQ Trust Series 1	0.27%	2,195	$1.1M	Add +4.6%
ORCL Oracle Corp.	0.27%	6,661	$1.1M	Add +2.9%
HSY The Hershey Co.	0.27%	6,514	$1.1M	Add +0.8%
VOO Vanguard S&P 500 ETF	0.27%	2,021	$1.1M	Add +18.7%
TSLA Tesla Inc.	0.26%	2,648	$1.1M	Reduce -30.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.25%	8,579	$1.0M	Add +0.3%
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL	0.24%	13,963	$1.0M	Reduce -2.1%
PANW Palo Alto Networks Inc.	0.24%	5,442	$990K	Add +9.2%
AMT American Tower Corp.	0.24%	5,284	$969K	Reduce -9.1%
USA Liberty All Star Equity Fund	0.24%	139,089	$967K	Reduce -3.2%
RTX RTX Corp.	0.23%	8,210	$950K	Add +2.3%
SNA Snap-on Inc.	0.23%	2,736	$929K	Reduce -6.8%
MSCI MSCI Inc.	0.22%	1,519	$911K	Reduce -3.2%
HCA HCA Healthcare Inc.	0.22%	2,972	$892K	Add +2.5%
O Realty Income Corp.	0.22%	16,515	$882K	Reduce -10.1%
DE Deere & Co.	0.21%	2,027	$859K	Reduce -7.0%
ISRG Intuitive Surgical Inc.	0.21%	1,637	$854K	No change
WFC Wells Fargo & Co.	0.20%	11,653	$819K	Add +3.7%
SWK Stanley Black & Decker Inc.	0.19%	9,762	$784K	Add +0.3%
AZN Astrazeneca PLC-Spons ADR	0.19%	11,954	$783K	Reduce -2.6%
WPC WP Carey Inc.	0.19%	14,063	$766K	Reduce -11.0%
CBOE Cboe Global Markets Inc.	0.18%	3,871	$756K	Add +0.1%
DLR Digital Realty Trust Inc.	0.18%	4,201	$745K	Reduce -2.5%
DFIV Dimensional International Va	0.18%	20,718	$735K	Add +2.0%
EMR Emerson Electric Co.	0.18%	5,832	$723K	Reduce -1.7%
HON Honeywell International Inc.	0.17%	3,171	$716K	Reduce -2.6%
ESS Essex Property Trust Inc.	0.17%	2,400	$685K	Reduce -5.6%
ICE Intercontinental Exchange Inc.	0.16%	4,504	$671K	Reduce -0.8%
VGT Vanguard Info Tech ETF	0.15%	1,019	$634K	No change
UBER Uber Technologies Inc.	0.15%	10,270	$619K	Add +18.7%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP	0.15%	7,875	$605K	Reduce -1.9%
DUK Duke Energy Corp.	0.14%	5,454	$588K	Add +0.5%
MRK Merck & Co. Inc.	0.14%	5,875	$584K	Reduce -2.4%
VZ Verizon Communications Inc.	0.14%	14,491	$579K	Reduce -7.5%
PLD Prologis Inc.	0.14%	5,364	$567K	Reduce -12.0%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC	0.14%	4,814	$566K	New
ALL Allstate Corp.	0.14%	2,897	$559K	Reduce -0.5%
BCX BlackRock Resources & Commod	0.13%	64,497	$551K	Add +0.9%
CSCO Cisco Systems Inc.	0.13%	9,122	$540K	Reduce -7.4%
GE General Electric filed as GE AEROSPACE	0.13%	3,228	$538K	Add +77.0%
XRNPX Cohen & Steers REIT and Pref	0.13%	24,754	$517K	Reduce -4.0%
CME Cme Group Inc.	0.13%	2,220	$516K	Add +1.5%
L Loews Corp.	0.12%	6,000	$508K	No change
BX Blackstone Inc.	0.12%	2,896	$499K	Add +0.3%
EQIX Equinix Inc.	0.12%	529	$499K	Add +0.4%
ETN Eaton Corp. PLC	0.12%	1,425	$473K	Reduce -0.6%
CCI Crown Castle Inc.	0.11%	5,043	$458K	Reduce -21.1%
FDX FedEx Corp.	0.11%	1,576	$443K	Reduce -1.2%
AMAT Applied Materials Inc.	0.11%	2,708	$440K	Add +0.1%
T AT&T Inc.	0.11%	19,186	$437K	Reduce -3.3%
DFAX Dimensional World Ex US Core	0.11%	17,407	$433K	Add +23.6%
SOXX iShares Semiconductor ETF	0.10%	1,978	$426K	Add +0.1%
DISV Dimensional International SM	0.10%	16,032	$426K	Add +11.3%
VTI VG Morningstar TS MKT ETF-US	0.10%	1,468	$425K	Add +0.1%
GLD SPDR Gold Shares	0.10%	1,754	$425K	No change
ELS Equity Lifestyle Properties	0.10%	6,294	$419K	Reduce -9.3%
SO The Southern Co.	0.10%	4,888	$402K	Reduce -1.9%
FIS Fidelity National Info Serv	0.10%	4,923	$398K	Add +12.2%
GEV GE Vernova Inc.	0.10%	1,199	$394K	New
SUI Sun Communities Inc. filed as SUN CMNTYS INC	0.09%	3,142	$386K	Reduce -15.7%
PAYX Paychex Inc.	0.09%	2,659	$373K	Reduce -0.4%
IWF iShares Russell 1000 Growth	0.09%	869	$349K	Add +0.1%
DFUV Dimensional US Marketwide Va	0.08%	8,360	$342K	Reduce -1.3%
CMCSA Comcast Corp. Class A	0.08%	8,927	$335K	Reduce -0.9%
GEHC GE Healthcare Technology	0.08%	4,281	$335K	Add +6.3%
PFE Pfizer Inc.	0.08%	12,531	$332K	Reduce -2.6%
IGV iShares Expanded Tech-Softwa	0.08%	3,300	$330K	No change
IBB iShares Biotechnology ETF	0.08%	2,471	$327K	Add +0.0%
BA The Boeing Co.	0.08%	1,794	$317K	Reduce -9.1%
BLK BlackRock Inc.	0.08%	308	$316K	New
SYK Stryker Corp.	0.08%	873	$314K	Add +0.2%
MUC BlackRock Munihold Ca QLTY	0.07%	28,682	$305K	Reduce -2.3%
OKE Oneok Inc.	0.07%	3,033	$305K	No change
SPYM Ste STR SPDR PT S&P 500 ETF	0.07%	4,382	$302K	Add +47.7%
LOW Lowe's Cos Inc.	0.07%	1,221	$301K	Reduce -5.5%
MMM 3M Co.	0.07%	2,301	$297K	Add +0.4%
CSX CSX Corp.	0.07%	9,000	$290K	No change
SHAK Shake Shack Inc. Class A	0.07%	2,207	$286K	New
ESGV Vanguard ESG US Stock ETF	0.07%	2,709	$284K	No change
PLTR Palantir Technologies Inc. Class A	0.07%	3,715	$281K	New
ED Consolidated Edison Inc.	0.07%	3,143	$280K	Reduce -4.4%
CB Chubb Ltd.	0.07%	1,011	$279K	Add +0.1%
RFI Cohen & Steers Tot Ret RLTY	0.07%	23,868	$276K	Add +7.0%
F Ford Motor Co. filed as FORD MTR CO	0.07%	27,670	$274K	Add +0.3%
PRU Prudential Financial Inc.	0.07%	2,309	$274K	Add +0.7%
HPQ HP Inc.	0.07%	8,169	$267K	Reduce -8.6%
SRE Sempra	0.06%	2,854	$250K	Reduce -17.0%
UPS United Parcel Service Class B	0.06%	1,975	$249K	Add +7.3%
TGT Target Corp.	0.06%	1,835	$248K	Reduce -1.8%
EOD Allspring Global Dividend Op	0.06%	48,793	$243K	Add +1.2%
DFLV Dim US Large Cap Value ETF	0.06%	8,061	$242K	Add +4.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.06%	1,093	$240K	Add +0.5%
KIM Kimco Realty Corp.	0.06%	10,199	$239K	Reduce -0.2%
DFUS Dimensional US Eq MKT ETF	0.06%	3,721	$237K	Add +10.7%
NOBL Proshares S&P 500 Dividend A	0.06%	2,356	$235K	Add +6.4%
GRMN Garmin Ltd.	0.06%	1,137	$235K	Reduce -2.6%
BDX Becton Dickinson and Co.	0.06%	1,020	$231K	Reduce -17.6%
EIX Edison International	0.06%	2,840	$227K	Add +0.8%
DOW Dow Inc.	0.06%	5,637	$226K	Reduce -11.5%
A Agilent Technologies Inc.	0.06%	1,682	$226K	Add +0.1%
CMI Cummins Inc.	0.05%	635	$221K	Reduce -2.9%
FRT Federal Realty Invs Trust	0.05%	1,958	$219K	Reduce -3.1%
DHR Danaher Corp.	0.05%	936	$215K	Add +3.4%
LAMR Lamar Advertising Co. Class A	0.05%	1,752	$213K	Add +1.0%
MGM MGM Resorts International	0.05%	6,126	$212K	Reduce -48.6%
ZTS Zoetis Inc.	0.05%	1,290	$210K	Reduce -2.6%
ITW Illinois Tool Works	0.05%	814	$207K	Add +0.4%
KRE SS SPDR S&P Regional Bank	0.05%	3,416	$206K	New
NAC Nuveen Ca QLTY Muni Inc.	0.05%	18,099	$204K	Reduce -3.1%
MS Morgan Stanley	0.05%	1,612	$203K	New
VCV Invesco Ca Val Muni Inc. TR	0.03%	11,696	$128K	Add +1.9%
NCA Nuveen California Muni Val	0.03%	14,173	$120K	Add +0.4%
AMTX Aemetis Inc.	0.01%	10,000	$27K	No change
AKBA Akebia Therapeutics Inc.	0.00%	10,000	$19K	No change

Options reported separately and not counted above: AAPL puts ($7.5M), NVDA puts ($3.2M).

Other holdings (2): bonds, preferreds, convertibles and warrants · $17.8M (not counted above)

Security	Class	Shares / Principal	Value	Change
WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	8,094	$9.7M	Add +0.3%
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	6,686	$8.2M	Add +0.8%

Total filed on the 13F, all lines: $427.6M.

Portfolio Sells Q3 2024 → Q4 2024


NKE Nike Inc. Class B	Reduce -6.7%	0.97%	−0.26
PEP Pepsico Inc.	Reduce -4.1%	1.19%	−0.21
NVO Novo-Nordisk A/S-Spons ADR	Reduce -4.7%	0.40%	−0.19
MDLZ Mondelez International Inc. Class A	Reduce -11.6%	0.30%	−0.12
KO The Coca-Cola Co.	Reduce -3.3%	0.58%	−0.12
CTAS Cintas Corp.	Reduce -1.4%	0.74%	−0.12
AMT American Tower Corp.	Reduce -9.1%	0.24%	−0.10
JNJ Johnson & Johnson	Reduce -7.8%	0.39%	−0.09
ABBV Abbvie Inc.	Reduce -1.9%	0.60%	−0.09
MSFT Microsoft Corp.	Reduce -0.1%	2.61%	−0.09
LYB Lyondellbasell Indu Class A	Sold out	0.00%	−0.08
CCI Crown Castle Inc.	Reduce -21.1%	0.11%	−0.08
O Realty Income Corp.	Reduce -10.1%	0.22%	−0.07
VICI Vici Properties Inc.	Reduce -1.5%	0.40%	−0.07
PSA Public Storage	Reduce -0.1%	0.30%	−0.07
MGM MGM Resorts International	Reduce -48.6%	0.05%	−0.06
HD Home Depot Inc.	Reduce -1.1%	0.88%	−0.06
WPC WP Carey Inc.	Reduce -11.0%	0.19%	−0.06
RACE Ferrari NV	Sold out	0.00%	−0.05
TMDX Transmedics Group Inc.	Sold out	0.00%	−0.05
PLD Prologis Inc.	Reduce -12.0%	0.14%	−0.05
LEA Lear Corp.	Sold out	0.00%	−0.05
ABT Abbott Laboratories	Reduce -2.3%	1.11%	−0.05
AZN Astrazeneca PLC-Spons ADR	Reduce -2.6%	0.19%	−0.04
WM Waste Management Inc.	Reduce -0.8%	0.82%	−0.04
YUM Yum! Brands Inc.	Reduce -5.3%	0.32%	−0.04
ROL Rollins Inc.	Reduce -1.9%	0.28%	−0.03
VZ Verizon Communications Inc.	Reduce -7.5%	0.14%	−0.03
DOW Dow Inc.	Reduce -11.5%	0.06%	−0.03
SUI Sun Communities Inc.	Reduce -15.7%	0.09%	−0.03
AVB Avalonbay Communities Inc.	Reduce -2.8%	0.40%	−0.03
MRK Merck & Co. Inc.	Reduce -2.4%	0.14%	−0.03
XRNPX Cohen & Steers REIT and Pref	Reduce -4.0%	0.13%	−0.02
ELS Equity Lifestyle Properties	Reduce -9.3%	0.10%	−0.02
ESS Essex Property Trust Inc.	Reduce -5.6%	0.17%	−0.02
VMRK Vivmark Residential	Reduce -2.1%	0.24%	−0.02
BDX Becton Dickinson and Co.	Reduce -17.6%	0.06%	−0.02
GNRC Generac Holdings Inc.	Reduce -1.4%	0.33%	−0.02
ICE Intercontinental Exchange Inc.	Reduce -0.8%	0.16%	−0.02
ED Consolidated Edison Inc.	Reduce -4.4%	0.07%	−0.02
USA Liberty All Star Equity Fund	Reduce -3.2%	0.24%	−0.02
DE Deere & Co.	Reduce -7.0%	0.21%	−0.01
HPQ HP Inc.	Reduce -8.6%	0.07%	−0.01
AZO AutoZone Inc.	Reduce -2.9%	0.53%	−0.01
LOW Lowe's Cos Inc.	Reduce -5.5%	0.07%	−0.01
SO The Southern Co.	Reduce -1.9%	0.10%	−0.01
ZTS Zoetis Inc.	Reduce -2.6%	0.05%	−0.01
TGT Target Corp.	Reduce -1.8%	0.06%	−0.01
CMCSA Comcast Corp. Class A	Reduce -0.9%	0.08%	−0.01
PFE Pfizer Inc.	Reduce -2.6%	0.08%	−0.01

Portfolio Buys Q3 2024 → Q4 2024


AVGO Broadcom Inc.	Add +1.9%	1.71%	+0.45
V Visa Inc. Class A	Add +0.3%	2.03%	+0.25
JAAA Janus Henderson Aaa Clo ETF	Add +14.2%	1.81%	+0.20
JPM JPMorgan Chase & Co.	Add +2.1%	1.53%	+0.20
GOOGL Alphabet Inc. Class A	Add +1.3%	1.52%	+0.19
TTD Trade Desk Inc./the Class A	New	0.14%	+0.14
DECK Deckers Outdoor Corp.	Add +9.7%	0.37%	+0.10
GEV GE Vernova Inc.	New	0.10%	+0.10
NFLX Netflix Inc.	Add +3.9%	0.41%	+0.09
GS Goldman Sachs Group Inc.	Add +3.7%	0.57%	+0.09
MA Mastercard Inc. Class A	Add +2.0%	1.23%	+0.09
BLK BlackRock Inc.	New	0.08%	+0.08
ONON On Holding AG Class A	Add +17.7%	0.35%	+0.08
SHAK Shake Shack Inc. Class A	New	0.07%	+0.07
PLTR Palantir Technologies Inc. Class A	New	0.07%	+0.07
AXP American Express Co.	Add +4.6%	0.49%	+0.06
CMG Chipotle Mexican Grill Inc.	Add +6.0%	0.62%	+0.06
KRE SS SPDR S&P Regional Bank	New	0.05%	+0.05
SPY SS SPDR S&P 500 ETF Trust-US	Add +1.3%	2.20%	+0.05
MS Morgan Stanley	New	0.05%	+0.05
NOW ServiceNow Inc.	Add +0.5%	0.32%	+0.05
GE General Electric	Add +77.0%	0.13%	+0.05
VOO Vanguard S&P 500 ETF	Add +18.7%	0.27%	+0.04
WFC Wells Fargo & Co.	Add +3.7%	0.20%	+0.04
META Meta Platforms Inc. Class A	Add +0.8%	2.13%	+0.04
RVT Royce Small-Cap Trust Inc.	Add +6.6%	0.65%	+0.04
PANW Palo Alto Networks Inc.	Add +9.2%	0.24%	+0.03
SPYM Ste STR SPDR PT S&P 500 ETF	Add +47.7%	0.07%	+0.02
QQQ Invesco QQQ Trust Series 1	Add +4.6%	0.27%	+0.02
BX Blackstone Inc.	Add +0.3%	0.12%	+0.01
DFAX Dimensional World Ex US Core	Add +23.6%	0.11%	+0.01
TY Tri-Continental Corp.	Add +7.2%	0.49%	+0.01
CME Cme Group Inc.	Add +1.5%	0.13%	+0.01
DFUS Dimensional US Eq MKT ETF	Add +10.7%	0.06%	+0.01
EQIX Equinix Inc.	Add +0.4%	0.12%	+0.01
FIS Fidelity National Info Serv	Add +12.2%	0.10%	+0.01
IWF iShares Russell 1000 Growth	Add +0.1%	0.09%	+0.00
TJX TJX Companies Inc.	Add +0.3%	0.25%	+0.00
DFAC Dimensional US Core Equity 2	Add +0.8%	0.52%	+0.00
VTI VG Morningstar TS MKT ETF-US	Add +0.1%	0.10%	+0.00
DISV Dimensional International SM	Add +11.3%	0.10%	+0.00
CVX Chevron Corp.	Add +2.9%	1.04%	+0.00
VCV Invesco Ca Val Muni Inc. TR	Add +1.9%	0.03%	+0.00
DFLV Dim US Large Cap Value ETF	Add +4.0%	0.06%	+0.00
EOD Allspring Global Dividend Op	Add +1.2%	0.06%	−0.00
IBM Intl Business Machines Corp.	Add +0.5%	0.06%	−0.00
SYK Stryker Corp.	Add +0.2%	0.08%	−0.00
NOBL Proshares S&P 500 Dividend A	Add +6.4%	0.06%	−0.00
UPS United Parcel Service Class B	Add +7.3%	0.06%	−0.00
ORCL Oracle Corp.	Add +2.9%	0.27%	−0.00

Options Activity Q3 2024 → Q4 2024


AAPL Apple Inc.	put	New	30,000	$7.5M
NVDA Nvidia Corp.	put	Reduce -17.2%	24,000	$3.2M
AAPL Apple Inc.	call	Sold out	10,000	$2.3Mbefore exit

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

Notes & Other Activity Q3 2024 → Q4 2024


WELLS FARGO & COMPANY (WFC 7.5 PERP L)	PERP PFD CNV A	Add +0.3%	8,094	$9.7M
BANK OF AMERICA CORP (BAC 7.25 PERP L)	7.25%CNV PFD L	Add +0.8%	6,686	$8.2M

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	196	$492.7M	AAPL, BRK.B, NVDA, GOOG, COST
Q1 2026	181	$452.1M	AAPL, BRK.B, NVDA, COST, GOOG
Q4 2025	189	$473.9M	AAPL, BRK.B, NVDA, GOOG, COST
Q3 2025	182	$460.3M	AAPL, BRK.B, NVDA, COST, MSFT
Q2 2025	174	$423.6M	AAPL, BRK.B, NVDA, COST, MSFT
Q1 2025	173	$393.0M	AAPL, BRK.B, COST, NVDA, MSFT
Q4 2024	184	$409.8M	AAPL, BRK.B, COST, NVDA, MSFT
Q3 2024	181	$405.1M	AAPL, BRK.B, COST, NVDA, MSFT
Q2 2024	173	$374.2M	AAPL, BRK.B, NVDA, COST, MSFT
Q1 2024	177	$355.8M	AAPL, BRK.B, COST, NVDA, MSFT