Richard Bernstein Advisors LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 6, 2025), Richard Bernstein Advisors LLC reported 212 stock positions worth $4.1 billion. Its top holding was Janus Henderson Mortg Backed (JMBS) at 11.4% of the portfolio, followed by iShares MSCI International Q (IQLT, 9.7%) and Vanguard Mrngstr Val ETF-Aui (VTV, 7.6%). Compared with Q1 2025, it opened 26 new positions, sold out of 38, added to 14 and reduced 106. The biggest buy was a new position in SS SPDR P Int Term TSY ETF (SPTI) and the biggest sale SS SPDR P St Term TSY ETF (SPTS, shares −42%).

Most Recent 13F
Q1 2026
Location
NEW YORK, NY
CIK
0001528214
Portfolio Value
$4.1B (Q2 2025)
SEC Filing
0001420506-25-001714 ↗ filed Aug 6, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $4.7B Q1 2024 Q2 2024: $4.5B Q2 2024 Q3 2024: $4.7B Q3 2024 Q4 2024: $4.4B Q4 2024 Q1 2025: $4.1B Q1 2025 Q2 2025: $4.1B $4.1B Q2 2025 Q3 2025: $3.5B Q3 2025 Q4 2025: $3.4B Q4 2025 Q1 2026: $3.4B Q1 2026

Holdings 212 stocks · $4.1B
JMBS Janus Henderson Mortg Backed 11.42% 10,274,977 $462.9M Add +7.3%
IQLT iShares MSCI International Q 9.74% 9,134,121 $394.8M Add +30.5%
VTV Vanguard Mrngstr Val ETF-Aui 7.62% 1,747,771 $308.9M Reduce -4.1%
FTEC Fidelity MSCI Info Tech Indx 6.84% 1,406,475 $277.4M Reduce -5.5%
SPTI SS SPDR P Int Term TSY ETF 5.86% 8,248,164 $237.3M New
SPTS SS SPDR P St Term TSY ETF 5.26% 7,282,805 $213.3M Reduce -42.0%
EMXC iShares MSCI Emr MRK Ex Chna 4.51% 2,895,477 $182.8M Reduce -44.3%
TLH iShares 10-20 Year Treasury 4.28% 1,707,464 $173.5M Reduce -3.4%
SDY SS SPDR S&P Dividend ETF 3.60% 1,075,337 $146.0M Reduce -7.2%
IXJ iShares Global Healthcare Et 2.87% 1,349,163 $116.2M Add +10.9%
XLF SS Financial Select Sector 2.70% 2,092,158 $109.6M Reduce -33.1%
BAR Graniteshares Gold Trust 2.18% 2,703,358 $88.2M Reduce -7.9%
XLC SS Comm Select Sector SPDR 1.90% 711,030 $77.2M Add +3.7%
EXI iShares Global Industrials E 1.80% 439,899 $72.8M Reduce -29.4%
NVDA Nvidia Corp. 1.64% 420,800 $66.5M Reduce -7.6%
MSFT Microsoft Corp. 1.50% 121,884 $60.6M Reduce -8.9%
XLP SS Consumer Staples Sel Sect 1.49% 744,800 $60.3M New
AAPL Apple Inc. 1.30% 257,609 $52.9M Reduce -9.3%
FDIS Fidelity MSCI Cons Discr Ind 1.18% 506,198 $47.6M Reduce -46.0%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.12% 557,493 $45.5M New
AMZN Amazon.com Inc. 0.87% 160,852 $35.3M Reduce -8.2%
META Meta Platforms Inc. Class A 0.67% 36,968 $27.3M Reduce -9.2%
INDA iShares MSCI India ETF 0.59% 429,008 $23.9M Reduce -44.7%
EWT iShares MSCI Taiwan ETF 0.54% 379,306 $21.8M Reduce -52.8%
AVGO Broadcom Inc. 0.51% 75,497 $20.8M Reduce -9.0%
GOOGL Alphabet Inc. Class A 0.42% 97,522 $17.2M Reduce -9.0%
TSLA Tesla Inc. 0.38% 48,193 $15.3M Reduce -6.5%
GOOG Alphabet Inc. Class C 0.36% 82,624 $14.7M Reduce -9.7%
JPM JPMorgan Chase & Co. 0.34% 47,101 $13.7M Reduce -16.7%
QUAL iShares MSCI USA Quality Fac 0.31% 67,879 $12.4M Reduce -1.5%
EWY iShares MSCI South Korea ETF 0.30% 170,000 $12.2M Reduce -54.0%
LLY Eli Lilly & Co. 0.29% 15,045 $11.7M Reduce -4.5%
BRK.B Berkshire Hathaway Inc. Class B 0.28% 23,630 $11.5M Reduce -11.8%
WMT Walmart Inc. 0.28% 114,880 $11.2M Reduce -0.1%
BSX Boston Scientific Corp. 0.25% 93,890 $10.1M Reduce -4.3%
GE General Electric filed as GE AEROSPACE 0.21% 33,277 $8.6M Reduce -8.5%
PM Philip Morris International 0.21% 46,320 $8.4M Add +74.8%
SPGI S&P Global Inc. 0.21% 15,885 $8.4M Reduce -5.2%
ABT Abbott Laboratories 0.19% 56,554 $7.7M No change
KO The Coca-Cola Co. 0.19% 108,634 $7.7M Reduce -8.4%
JNJ Johnson & Johnson 0.19% 50,045 $7.6M Add +78.2%
CEG Constellation Energy 0.18% 22,354 $7.2M No change
MKL Markel Group Inc. 0.17% 3,515 $7.0M No change
ETN Eaton Corp. PLC 0.17% 19,391 $6.9M No change
COR Cencora Inc. 0.16% 21,646 $6.5M Reduce -0.0%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.16% 195,903 $6.4M No change
MO Altria Group Inc. 0.16% 108,799 $6.4M New
AIG American International Group 0.16% 73,571 $6.3M Reduce -6.3%
UNH Unitedhealth Group Inc. 0.16% 20,160 $6.3M Reduce -0.1%
CL Colgate-Palmolive Co. 0.15% 67,811 $6.2M New
ABBV Abbvie Inc. 0.15% 32,672 $6.1M Reduce -0.1%
HWM Howmet Aerospace Inc. 0.14% 31,294 $5.8M Reduce -23.6%
MCK McKesson Corp. 0.14% 7,786 $5.7M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.14% 119,557 $5.7M Reduce -9.6%
PEP Pepsico Inc. 0.14% 42,615 $5.6M Add +119.3%
GILD Gilead Sciences Inc. 0.14% 50,390 $5.6M Add +82.7%
WFC Wells Fargo & Co. 0.14% 69,170 $5.5M Reduce -0.1%
GD General Dynamics Corp. 0.14% 18,934 $5.5M No change
KMB Kimberly-Clark Corp. 0.14% 42,467 $5.5M New
UBER Uber Technologies Inc. 0.13% 57,962 $5.4M Reduce -8.7%
PG The Procter & Gamble Co. 0.13% 33,779 $5.4M Add +133.0%
CCEP Coca-Cola Europacific Partne 0.13% 57,845 $5.4M New
MA Mastercard Inc. Class A 0.13% 9,447 $5.3M No change
EXC Exelon Corp. 0.13% 121,672 $5.3M No change
CAT Caterpillar Inc. 0.13% 13,368 $5.2M Reduce -7.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.13% 17,578 $5.2M Reduce -9.7%
KVUE Kenvue Inc. 0.13% 243,471 $5.1M New
BKNG Booking Holdings Inc. 0.13% 878 $5.1M Reduce -8.3%
ITA iShares U.S. Aerospace & Def 0.12% 26,186 $4.9M Reduce -44.5%
EQH Equitable Holdings Inc. 0.12% 87,335 $4.9M Reduce -8.9%
FE Firstenergy Corp. 0.12% 118,823 $4.8M No change
PPL PPL Corp. 0.12% 141,089 $4.8M New
GEHC GE Healthcare Technology 0.12% 63,098 $4.7M No change
MDLZ Mondelez International Inc. Class A 0.11% 68,932 $4.6M New
ISRG Intuitive Surgical Inc. 0.11% 8,516 $4.6M Reduce -11.1%
MDT Medtronic PLC 0.11% 52,743 $4.6M No change
CARR Carrier Global Corp. 0.11% 62,416 $4.6M No change
STZ Constellation Brands Inc. Class A 0.11% 27,342 $4.4M New
CRBG Corebridge Financial Inc. 0.11% 124,571 $4.4M Reduce -7.7%
GEV GE Vernova Inc. 0.11% 8,288 $4.4M Reduce -9.5%
PCG P G & E Corp. 0.11% 313,242 $4.4M No change
LIN Linde PLC 0.11% 9,280 $4.4M Reduce -0.1%
HCA HCA Healthcare Inc. 0.11% 11,339 $4.3M No change
NOC Northrop Grumman Corp. 0.11% 8,656 $4.3M No change
AM Antero Midstream Corp. 0.11% 227,064 $4.3M No change
SYK Stryker Corp. 0.10% 10,728 $4.2M No change
HLI Houlihan Lokey Inc. 0.10% 23,295 $4.2M Reduce -8.3%
PCAR Paccar Inc. 0.10% 43,254 $4.1M Reduce -9.5%
JCI Johnson Controls Internation 0.10% 38,866 $4.1M Reduce -0.1%
CAH Cardinal Health Inc. 0.10% 24,406 $4.1M No change
ETR Entergy Corp. 0.10% 49,260 $4.1M No change
T AT&T Inc. 0.10% 140,968 $4.1M Reduce -7.9%
CNC Centene Corp. 0.10% 75,032 $4.1M No change
DE Deere & Co. 0.10% 7,745 $3.9M Reduce -9.1%
FOX Fox Corp. Class B 0.10% 75,877 $3.9M Reduce -11.3%
CTVA Corteva Inc. 0.10% 52,280 $3.9M No change
CSCO Cisco Systems Inc. 0.10% 55,894 $3.9M No change
HLNE Hamilton Lane Inc. Class A 0.10% 27,237 $3.9M Reduce -7.7%
CVX Chevron Corp. 0.10% 26,972 $3.9M No change
C Citigroup Inc. 0.09% 44,744 $3.8M Reduce -7.5%

Show all 212 holdings

Portfolio Sells Q1 2025 → Q2 2025
SPTS SS SPDR P St Term TSY ETF Reduce -42.0% 5.26% −3.63
EMXC iShares MSCI Emr MRK Ex Chna Reduce -44.3% 4.51% −2.42
SPSM SS SPDR P S&P 600 Small Cap Reduce -99.6% 0.01% −1.66
JBBB Janus Henderson B-BBB Clo Et Sold out 0.00% −1.57
IVOL Quadratic Int Rte Vol Infl H Reduce -100.0% 0.00% −1.47
XLF SS Financial Select Sector Reduce -33.1% 2.70% −1.06
FDIS Fidelity MSCI Cons Discr Ind Reduce -46.0% 1.18% −0.74
EXI iShares Global Industrials E Reduce -29.4% 1.80% −0.40
EWT iShares MSCI Taiwan ETF Reduce -52.8% 0.54% −0.39
INDA iShares MSCI India ETF Reduce -44.7% 0.59% −0.38
AAPL Apple Inc. Reduce -9.3% 1.30% −0.22
SDY SS SPDR S&P Dividend ETF Reduce -7.2% 3.60% −0.20
EWY iShares MSCI South Korea ETF Reduce -54.0% 0.30% −0.18
TLH iShares 10-20 Year Treasury Reduce -3.4% 4.28% −0.16
FCPT Four Corners Property Trust Sold out 0.00% −0.15
SLM SLM Corp. Sold out 0.00% −0.14
AOR iShares Core 60/40 Balanced Reduce -90.9% 0.02% −0.14
DTM DT Midstream Inc. Sold out 0.00% −0.13
VCTR Victory Capital Holding - A Sold out 0.00% −0.11
FHB First Hawaiian Inc. Sold out 0.00% −0.11
TPH Tri Pointe Homes Inc. Sold out 0.00% −0.11
FBK FB Financial Corp. Sold out 0.00% −0.11
ALRM Alarm.com Holdings Inc. Sold out 0.00% −0.10
AXS Axis Capital Holdings Ltd. Sold out 0.00% −0.10
UNH Unitedhealth Group Inc. Reduce -0.1% 0.16% −0.10
IBP Installed Building Products Sold out 0.00% −0.10
RYAN Ryan Specialty Holdings Inc. Sold out 0.00% −0.09
VBTX Veritex Holdings Inc. Sold out 0.00% −0.09
EBC Eastern Bankshares Inc. Sold out 0.00% −0.09
CSW CSW Industrials Inc. Sold out 0.00% −0.08
AAMI Acadian Asset Management Inc. Sold out 0.00% −0.08
PJT PJT Partners Inc. Class A Sold out 0.00% −0.08
SYF Synchrony Financial Sold out 0.00% −0.08
VRRM Verra Mobility Corp. Sold out 0.00% −0.08
CFG Citizens Financial Group Sold out 0.00% −0.08
GMS GMS Inc. Sold out 0.00% −0.08
VIRT Virtu Financial Inc. Class A Sold out 0.00% −0.08
BHF Brighthouse Financial Inc. Sold out 0.00% −0.08
MC Moelis & Co. Class A Sold out 0.00% −0.08
STEL Stellar Bancorp Inc. Sold out 0.00% −0.08
JXN Jackson Financial Inc. Class A Sold out 0.00% −0.07
MGY Magnolia Oil & Gas Corp. Class A Sold out 0.00% −0.07
PSN Parsons Corp. Sold out 0.00% −0.07
SAIC Science Applications Inte Sold out 0.00% −0.07
KN Knowles Corp. Sold out 0.00% −0.07
ACT Enact Holdings Inc. Reduce -49.2% 0.08% −0.07
REZI Resideo Technologies Inc. Sold out 0.00% −0.07
HPE Hewlett Packard Enterprise Sold out 0.00% −0.07
TOST Toast Inc. Class A Sold out 0.00% −0.06
BRK.B Berkshire Hathaway Inc. Class B Reduce -11.8% 0.28% −0.06

Portfolio Buys Q1 2025 → Q2 2025
SPTI SS SPDR P Int Term TSY ETF New 5.86% +5.86
IQLT iShares MSCI International Q Add +30.5% 9.74% +3.02
XLP SS Consumer Staples Sel Sect New 1.49% +1.49
XLU St Sr Utl SL SE SPDR ETF-Usd New 1.12% +1.12
JMBS Janus Henderson Mortg Backed Add +7.3% 11.42% +0.95
XLC SS Comm Select Sector SPDR Add +3.7% 1.90% +0.30
IXJ iShares Global Healthcare Et Add +10.9% 2.87% +0.18
MO Altria Group Inc. New 0.16% +0.16
CL Colgate-Palmolive Co. New 0.15% +0.15
KMB Kimberly-Clark Corp. New 0.14% +0.14
CCEP Coca-Cola Europacific Partne New 0.13% +0.13
KVUE Kenvue Inc. New 0.13% +0.13
PPL PPL Corp. New 0.12% +0.12
MDLZ Mondelez International Inc. Class A New 0.11% +0.11
STZ Constellation Brands Inc. Class A New 0.11% +0.11
PM Philip Morris International Add +74.8% 0.21% +0.11
SO The Southern Co. New 0.09% +0.09
DUK Duke Energy Corp. New 0.08% +0.08
JNJ Johnson & Johnson Add +78.2% 0.19% +0.08
D Dominion Energy Inc. New 0.07% +0.07
PG The Procter & Gamble Co. Add +133.0% 0.13% +0.07
PEP Pepsico Inc. Add +119.3% 0.14% +0.07
SYY Sysco Corp. New 0.07% +0.07
PEG Public Service Enterprise GP New 0.07% +0.07
CVS CVS Health Corp. New 0.06% +0.06
NEE Nextera Energy Inc. New 0.06% +0.06
GILD Gilead Sciences Inc. Add +82.7% 0.14% +0.06
TSN Tyson Foods Inc. Class A New 0.06% +0.06
SRE Sempra New 0.06% +0.06
CB Chubb Ltd. New 0.06% +0.06
CI The Cigna Group New 0.06% +0.06
KR Kroger Co. New 0.06% +0.06
ACGL Arch Capital Group Ltd. New 0.06% +0.06
PGR Progressive Corp. New 0.06% +0.06
CNP Centerpoint Energy Inc. New 0.06% +0.06
AGG iShares Core U.S. Aggregate Add +91.8% 0.02% +0.01
EAOR iShares ESG Aware 60/40 Bala Add +124.8% 0.00% +0.00
ACWI iShares MSCI Acwi ETF Add +51.5% 0.00% +0.00
ACWV iShares MSCI Global Min Vol Add +97.4% 0.00% +0.00
AOM iShares Core 40/60 Moderate Add +1325.0% 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q1 2026 227$3.4BIDEV, QUAL, IEF, CLOA, EMXC
Q4 2025 174$3.4BIQLT, JMBS, VTV, FTEC, SPTI
Q3 2025 204$3.5BIQLT, JMBS, VTV, FTEC, SPTI
Q2 2025 212$4.1BJMBS, IQLT, VTV, FTEC, SPTI
Q1 2025 223$4.1BJMBS, SPTS, VTV, EMXC, IQLT
Q4 2024 218$4.4BJMBS, EMXC, SPTS, VTV, FTEC
Q3 2024 225$4.7BJMBS, EMXC, SPTS, VTV, FTEC
Q2 2024 209$4.5BJMBS, TLH, EMXC, VTV, MCHI
Q1 2024 213$4.7BJMBS, TLH, EMXC, VTV, USFR