Richard Bernstein Advisors LLC

Name: Richard Bernstein Advisors LLC 13F holdings, Q1 2025
Creator: Richard Bernstein Advisors LLC
Published: 2025-04-29

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

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 29, 2025), Richard Bernstein Advisors LLC reported 223 stock positions worth $4.1 billion. Its top holding was Janus Henderson Mortg Backed (JMBS) at 10.5% of the portfolio, followed by SS SPDR P St Term TSY ETF (SPTS, 8.9%) and Vanguard Mrngstr Val ETF-Aui (VTV, 7.6%). Compared with Q4 2024, it opened 16 new positions, sold out of 12, added to 9 and reduced 197. The biggest buy was iShares MSCI International Q (IQLT, shares +212%) and the biggest sale iShares MSCI Emr MRK Ex Chna (EMXC, shares −27%).

Most Recent 13F: Q1 2026
Location: NEW YORK, NY
CIK: 0001528214
Portfolio Value: $4.1B (Q1 2025)
SEC Filing: 0001420506-25-000829 ↗ filed Apr 29, 2025

Holdings Value

Holdings 223 stocks · $4.1B


JMBS Janus Henderson Mortg Backed	10.47%	9,574,094	$432.7M	Reduce -1.1%
SPTS SS SPDR P St Term TSY ETF	8.89%	12,568,160	$367.5M	Reduce -2.8%
VTV Vanguard Mrngstr Val ETF-Aui	7.61%	1,821,656	$314.7M	Reduce -3.4%
EMXC iShares MSCI Emr MRK Ex Chna	6.93%	5,198,486	$286.4M	Reduce -26.8%
IQLT iShares MSCI International Q	6.72%	7,000,632	$277.9M	Add +211.9%
FTEC Fidelity MSCI Info Tech Indx	5.81%	1,489,146	$240.2M	Reduce -4.7%
TLH iShares 10-20 Year Treasury	4.44%	1,767,220	$183.3M	Add +6.3%
SDY SS SPDR S&P Dividend ETF	3.80%	1,158,903	$157.2M	Reduce -4.4%
XLF SS Financial Select Sector	3.77%	3,125,404	$155.7M	Add +144.3%
IXJ iShares Global Healthcare Et	2.69%	1,216,879	$111.0M	Reduce -3.2%
EXI iShares Global Industrials E	2.19%	623,365	$90.6M	Reduce -4.0%
BAR Graniteshares Gold Trust	2.19%	2,935,795	$90.5M	Reduce -5.0%
FDIS Fidelity MSCI Cons Discr Ind	1.92%	936,579	$79.2M	Reduce -4.3%
SPSM SS SPDR P S&P 600 Small Cap	1.67%	1,688,216	$68.8M	Reduce -47.4%
XLC SS Comm Select Sector SPDR	1.60%	685,668	$66.1M	New
JBBB Janus Henderson B-BBB Clo Et	1.57%	1,333,544	$64.9M	Reduce -6.6%
AAPL Apple Inc.	1.53%	283,923	$63.1M	Reduce -3.8%
IVOL Quadratic Int Rte Vol Infl H	1.47%	3,260,649	$60.9M	Add +11.6%
MSFT Microsoft Corp.	1.21%	133,755	$50.2M	Reduce -4.9%
NVDA Nvidia Corp.	1.19%	455,302	$49.3M	Reduce -6.9%
INDA iShares MSCI India ETF	0.97%	775,729	$39.9M	Reduce -25.7%
EWT iShares MSCI Taiwan ETF	0.92%	803,761	$38.2M	Reduce -27.1%
AMZN Amazon.com Inc.	0.81%	175,228	$33.3M	Reduce -4.9%
META Meta Platforms Inc. Class A	0.57%	40,713	$23.5M	Reduce -4.6%
EWY iShares MSCI South Korea ETF	0.48%	369,615	$20.0M	Reduce -35.9%
GOOGL Alphabet Inc. Class A	0.40%	107,116	$16.6M	Reduce -5.1%
GOOG Alphabet Inc. Class C	0.35%	91,508	$14.3M	Reduce -4.9%
BRK.B Berkshire Hathaway Inc. Class B	0.35%	26,790	$14.3M	Reduce -5.2%
AVGO Broadcom Inc.	0.34%	82,955	$13.9M	Reduce -4.3%
JPM JPMorgan Chase & Co.	0.34%	56,524	$13.9M	Add +109.4%
TSLA Tesla Inc.	0.32%	51,516	$13.4M	Reduce -5.5%
LLY Eli Lilly & Co.	0.31%	15,751	$13.0M	Reduce -4.3%
QUAL iShares MSCI USA Quality Fac	0.28%	68,917	$11.8M	Reduce -28.6%
UNH Unitedhealth Group Inc.	0.26%	20,174	$10.6M	Reduce -4.2%
WMT Walmart Inc.	0.24%	114,958	$10.1M	Reduce -3.6%
BSX Boston Scientific Corp.	0.24%	98,079	$9.9M	Reduce -4.5%
SPGI S&P Global Inc.	0.21%	16,749	$8.5M	New
KO The Coca-Cola Co.	0.21%	118,575	$8.5M	Reduce -5.1%
ABT Abbott Laboratories	0.18%	56,554	$7.5M	Reduce -4.7%
GE General Electric filed as GE AEROSPACE	0.18%	36,359	$7.3M	Reduce -4.7%
ITA iShares U.S. Aerospace & Def	0.17%	47,180	$7.2M	Reduce -9.5%
ABBV Abbvie Inc.	0.17%	32,707	$6.9M	Reduce -4.4%
AIG American International Group	0.17%	78,555	$6.8M	Reduce -5.1%
MKL Markel Group Inc.	0.16%	3,515	$6.6M	Reduce -4.7%
VICI Vici Properties Inc. filed as VICI PPTYS INC	0.15%	195,903	$6.4M	Reduce -4.9%
AOR iShares Core 60/40 Balanced	0.15%	108,439	$6.2M	Reduce -83.4%
ACT Enact Holdings Inc.	0.15%	177,052	$6.2M	Add +75.7%
FCPT Four Corners Property Trust	0.15%	211,275	$6.1M	Reduce -4.0%
COR Cencora Inc.	0.15%	21,654	$6.0M	Reduce -5.0%
SLM SLM Corp.	0.14%	194,212	$5.7M	Reduce -4.0%
EXC Exelon Corp.	0.14%	121,672	$5.6M	Reduce -5.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.13%	132,281	$5.5M	Reduce -5.0%
PCG P G & E Corp.	0.13%	313,242	$5.4M	Reduce -5.0%
DTM DT Midstream Inc.	0.13%	55,433	$5.3M	Reduce -4.1%
HWM Howmet Aerospace Inc.	0.13%	40,990	$5.3M	Reduce -4.5%
ETN Eaton Corp. PLC	0.13%	19,391	$5.3M	Reduce -4.3%
MCK McKesson Corp.	0.13%	7,786	$5.2M	Reduce -5.8%
MA Mastercard Inc. Class A	0.13%	9,447	$5.2M	Reduce -4.3%
GD General Dynamics Corp.	0.12%	18,934	$5.2M	Reduce -5.0%
GEHC GE Healthcare Technology	0.12%	63,098	$5.1M	Reduce -4.5%
EQH Equitable Holdings Inc.	0.12%	95,894	$5.0M	Reduce -4.0%
WFC Wells Fargo & Co.	0.12%	69,241	$5.0M	Reduce -4.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.12%	19,467	$4.8M	Reduce -4.6%
FE Firstenergy Corp.	0.12%	118,823	$4.8M	Reduce -4.7%
CAT Caterpillar Inc.	0.12%	14,484	$4.8M	Reduce -3.9%
ISRG Intuitive Surgical Inc.	0.11%	9,582	$4.7M	Reduce -4.6%
MDT Medtronic PLC	0.11%	52,743	$4.7M	Reduce -3.9%
JNJ Johnson & Johnson	0.11%	28,080	$4.7M	Reduce -5.4%
PCAR Paccar Inc.	0.11%	47,797	$4.7M	Reduce -4.2%
VCTR Victory Capital Holding - A	0.11%	79,994	$4.6M	Reduce -3.5%
UBER Uber Technologies Inc.	0.11%	63,448	$4.6M	Reduce -3.7%
BMY Bristol-Myers Squibb Co.	0.11%	75,530	$4.6M	Reduce -3.9%
CNC Centene Corp.	0.11%	75,032	$4.6M	Add +120.0%
CVX Chevron Corp.	0.11%	26,972	$4.5M	Reduce -5.4%
FOX Fox Corp. Class B	0.11%	85,529	$4.5M	Reduce -4.4%
CEG Constellation Energy	0.11%	22,354	$4.5M	Reduce -2.7%
FHB First Hawaiian Inc.	0.11%	183,757	$4.5M	Reduce -3.6%
TPH Tri Pointe Homes Inc.	0.11%	140,049	$4.5M	Reduce -8.3%
NOC Northrop Grumman Corp.	0.11%	8,656	$4.4M	Reduce -5.7%
BKNG Booking Holdings Inc.	0.11%	958	$4.4M	Reduce -10.0%
HLNE Hamilton Lane Inc. Class A	0.11%	29,496	$4.4M	Reduce -3.9%
FBK FB Financial Corp. filed as FB FINL CORP	0.11%	94,185	$4.4M	Reduce -3.6%
T AT&T Inc.	0.10%	153,097	$4.3M	Reduce -4.8%
LIN Linde PLC	0.10%	9,291	$4.3M	Reduce -4.7%
CRBG Corebridge Financial Inc.	0.10%	134,914	$4.3M	Reduce -3.9%
ALRM Alarm.com Holdings Inc.	0.10%	76,110	$4.2M	Reduce -4.0%
AXS Axis Capital Holdings Ltd.	0.10%	42,253	$4.2M	New
ETR Entergy Corp.	0.10%	49,260	$4.2M	Reduce -5.1%
PM Philip Morris International	0.10%	26,495	$4.2M	Reduce -5.1%
FTV Fortive Corp.	0.10%	57,382	$4.2M	Reduce -5.1%
WM Waste Management Inc.	0.10%	18,039	$4.2M	Reduce -4.0%
VRTX Vertex Pharmaceuticals Inc.	0.10%	8,606	$4.2M	Reduce -4.9%
AMGN Amgen Inc.	0.10%	13,329	$4.2M	Reduce -3.9%
HD Home Depot Inc.	0.10%	11,313	$4.1M	Reduce -10.0%
HLI Houlihan Lokey Inc.	0.10%	25,393	$4.1M	Reduce -3.7%
AM Antero Midstream Corp.	0.10%	227,064	$4.1M	Reduce -4.3%
HIG Hartford Insurance Group Inc.	0.10%	32,530	$4.0M	Reduce -4.7%
DE Deere & Co.	0.10%	8,521	$4.0M	Reduce -4.0%
SYK Stryker Corp.	0.10%	10,728	$4.0M	Reduce -3.9%
CARR Carrier Global Corp.	0.10%	62,416	$4.0M	Reduce -5.5%

Show all 223 holdings

Portfolio Sells Q4 2024 → Q1 2025


EMXC iShares MSCI Emr MRK Ex Chna	Reduce -26.8%	6.93%	−1.99
BBCA JPMorgan Betabuilders Canada	Reduce -99.8%	0.00%	−1.69
EZU iShares MSCI Eurozone ETF	Reduce -99.6%	0.01%	−1.67
SPSM SS SPDR P S&P 600 Small Cap	Reduce -47.4%	1.67%	−1.60
XLE SS Energy Select Sector	Reduce -99.7%	0.00%	−1.12
FTEC Fidelity MSCI Info Tech Indx	Reduce -4.7%	5.81%	−0.73
AOR iShares Core 60/40 Balanced	Reduce -83.4%	0.15%	−0.70
AGG iShares Core U.S. Aggregate	Reduce -98.2%	0.01%	−0.59
BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -99.6%	0.00%	−0.39
EWT iShares MSCI Taiwan ETF	Reduce -27.1%	0.92%	−0.37
NVDA Nvidia Corp.	Reduce -6.9%	1.19%	−0.29
INDA iShares MSCI India ETF	Reduce -25.7%	0.97%	−0.28
VT Vanguard Tot World STK ETF	Reduce -79.6%	0.07%	−0.26
FDIS Fidelity MSCI Cons Discr Ind	Reduce -4.3%	1.92%	−0.25
EWY iShares MSCI South Korea ETF	Reduce -35.9%	0.48%	−0.18
TSLA Tesla Inc.	Reduce -5.5%	0.32%	−0.18
XOM Exxon Mobil Corp.	Reduce -67.4%	0.09%	−0.15
AAPL Apple Inc.	Reduce -3.8%	1.53%	−0.15
MSFT Microsoft Corp.	Reduce -4.9%	1.21%	−0.13
AVGO Broadcom Inc.	Reduce -4.3%	0.34%	−0.12
IXG iShares Global Financials Et	Reduce -100.0%	0.00%	−0.12
AMZN Amazon.com Inc.	Reduce -4.9%	0.81%	−0.11
QUAL iShares MSCI USA Quality Fac	Reduce -28.6%	0.28%	−0.10
COP Conocophillips	Sold out	0.00%	−0.10
DVN Devon Energy Corp.	Sold out	0.00%	−0.10
LNG Cheniere Energy Inc.	Sold out	0.00%	−0.09
GOOGL Alphabet Inc. Class A	Reduce -5.1%	0.40%	−0.08
BKR Baker Hughes Co.	Sold out	0.00%	−0.07
GOOG Alphabet Inc. Class C	Reduce -4.9%	0.35%	−0.07
CRC California Resources Corp.	Sold out	0.00%	−0.07
PSX Phillips 66	Sold out	0.00%	−0.06
HES Hess Corp.	Sold out	0.00%	−0.06
OXY Occidental Petroleum Corp.	Sold out	0.00%	−0.05
SLB SLB Ltd.	Sold out	0.00%	−0.05
HAL Halliburton Co.	Sold out	0.00%	−0.04
MRVL Marvell Technology Inc.	Reduce -2.4%	0.05%	−0.04
PSN Parsons Corp.	Reduce -3.1%	0.07%	−0.04
EIX Edison International	Reduce -5.2%	0.08%	−0.03
DAL Delta Air Lines Inc.	Reduce -2.6%	0.07%	−0.02
ETN Eaton Corp. PLC	Reduce -4.3%	0.13%	−0.02
ANET Arista Networks Inc.	Reduce -3.3%	0.06%	−0.02
HPE Hewlett Packard Enterprise	Reduce -3.6%	0.07%	−0.02
KKR KKR & Co. Inc.	Reduce -3.4%	0.09%	−0.02
PCG P G & E Corp.	Reduce -5.0%	0.13%	−0.02
PYPL PayPal Holdings Inc.	Reduce -3.6%	0.07%	−0.02
KN Knowles Corp.	Reduce -4.2%	0.07%	−0.02
JBBB Janus Henderson B-BBB Clo Et	Reduce -6.6%	1.57%	−0.02
CRM Salesforce Inc.	Reduce -4.0%	0.09%	−0.02
MC Moelis & Co. Class A	Reduce -3.2%	0.08%	−0.02
REZI Resideo Technologies Inc.	Reduce -3.4%	0.07%	−0.02

Portfolio Buys Q4 2024 → Q1 2025


IQLT iShares MSCI International Q	Add +211.9%	6.72%	+4.84
XLF SS Financial Select Sector	Add +144.3%	3.77%	+2.37
XLC SS Comm Select Sector SPDR	New	1.60%	+1.60
TLH iShares 10-20 Year Treasury	Add +6.3%	4.44%	+0.69
IVOL Quadratic Int Rte Vol Infl H	Add +11.6%	1.47%	+0.30
SPGI S&P Global Inc.	New	0.21%	+0.21
JPM JPMorgan Chase & Co.	Add +109.4%	0.34%	+0.19
AXS Axis Capital Holdings Ltd.	New	0.10%	+0.10
RYAN Ryan Specialty Holdings Inc.	New	0.09%	+0.09
PJT PJT Partners Inc. Class A	New	0.08%	+0.08
ALL Allstate Corp.	New	0.08%	+0.08
FIS Fidelity National Info Serv	New	0.08%	+0.08
VIRT Virtu Financial Inc. Class A	New	0.08%	+0.08
ACT Enact Holdings Inc.	Add +75.7%	0.15%	+0.07
JXN Jackson Financial Inc. Class A	New	0.07%	+0.07
TPG TPG Inc.	New	0.07%	+0.07
OWL Blue Owl Capital Inc.	New	0.07%	+0.07
COF Capital One Financial Corp.	New	0.07%	+0.07
GS Goldman Sachs Group Inc.	New	0.06%	+0.06
TOST Toast Inc. Class A	New	0.06%	+0.06
CNC Centene Corp.	Add +120.0%	0.11%	+0.06
JEF Jefferies Financial Group Inc.	New	0.06%	+0.06
XYZ Block Inc.	New	0.06%	+0.06
ACWI iShares MSCI Acwi ETF	Add +1533.3%	0.00%	+0.00
AOM iShares Core 40/60 Moderate	Add +0.0%	0.00%	0.00

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q1 2026	227	$3.4B	IDEV, QUAL, IEF, CLOA, EMXC
Q4 2025	174	$3.4B	IQLT, JMBS, VTV, FTEC, SPTI
Q3 2025	204	$3.5B	IQLT, JMBS, VTV, FTEC, SPTI
Q2 2025	212	$4.1B	JMBS, IQLT, VTV, FTEC, SPTI
Q1 2025	223	$4.1B	JMBS, SPTS, VTV, EMXC, IQLT
Q4 2024	218	$4.4B	JMBS, EMXC, SPTS, VTV, FTEC
Q3 2024	225	$4.7B	JMBS, EMXC, SPTS, VTV, FTEC
Q2 2024	209	$4.5B	JMBS, TLH, EMXC, VTV, MCHI
Q1 2024	213	$4.7B	JMBS, TLH, EMXC, VTV, USFR