Richard W. Paul & Associates, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 12, 2025), Richard W. Paul & Associates, LLC reported 335 stock positions worth $255.0 million. Its top holding was iShares Core S&P U.S. Value (IUSV) at 5.8% of the portfolio, followed by iShares Core S&P U.S. Growth (IUSG, 5.0%) and iShares Core S&P Small-Cap E (IJR, 4.8%). Compared with Q4 2024, it opened 10 new positions, sold out of 186, added to 80 and reduced 184. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +385%) and the biggest sale Vaneck Fallen Angel High YLD (ANGL, shares −99%).

Most Recent 13F
Q2 2026
Location
NOVI, MI
CIK
0001964203
Portfolio Value
$255.0M (Q1 2025)
SEC Filing
0001964203-25-000002 ↗ filed May 12, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $250.5M Q1 2024 Q2 2024: $259.1M Q2 2024 Q3 2024: $278.4M Q3 2024 Q4 2024: $274.5M Q4 2024 Q1 2025: $255.0M $255.0M Q1 2025 Q2 2025: $276.6M Q2 2025 Q3 2025: $292.9M Q3 2025 Q4 2025: $301.2M Q4 2025 Q1 2026: $297.1M Q1 2026 Q2 2026: $327.0M Q2 2026

Holdings 335 stocks · $255.0M

IUSV iShares Core S&P U.S. Value 5.84% 161,211 $14.9M Reduce -0.1%
IUSG iShares Core S&P U.S. Growth 5.00% 100,282 $12.7M Reduce -3.2%
IJR iShares Core S&P Small-Cap E 4.75% 115,819 $12.1M Add +0.9%
AGG iShares Core U.S. Aggregate 4.67% 120,280 $11.9M Add +5.4%
TLT iShares 20+ Year Treasury BD 4.11% 115,052 $10.5M Add +1.8%
JPIE JPMorgan Income ETF 3.54% 195,818 $9.0M Add +0.2%
IEFA iShares Core MSCI Eafe ETF 3.35% 112,953 $8.5M Add +1.9%
RSP Invesco S&P 500 Equal Weight 3.00% 44,128 $7.6M Add +384.8%
QQQ Invesco QQQ Trust Series 1 2.93% 15,931 $7.5M Reduce -8.6%
PYLD PIMCO Multisector Bond Actv 2.16% 208,780 $5.5M New
EFA iShares MSCI Eafe ETF 2.07% 64,567 $5.3M Add +2.9%
IEMG iShares Core MSCI Emerging 1.81% 85,646 $4.6M Add +0.5%
AAPL Apple Inc. 1.57% 18,026 $4.0M Reduce -21.3%
IVV iShares Core S&P 500 ETF 1.48% 6,726 $3.8M Add +1.4%
MSFT Microsoft Corp. 1.37% 9,301 $3.5M Reduce -4.6%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 1.32% 73,110 $3.4M Add +6.2%
MCHI iShares MSCI China ETF 1.26% 59,108 $3.2M Reduce -13.1%
SCZ iShares MSCI Eafe Small-Cap 1.11% 44,383 $2.8M Add +0.9%
EEM iShares MSCI Emerging Market 1.08% 62,798 $2.7M Add +4.0%
IJH iShares Core S&P Midcap ETF 1.04% 45,398 $2.6M Add +4781.5%
NVDA Nvidia Corp. 0.96% 22,659 $2.5M Add +2.4%
BIL SS SPDR BB 1-3M T-Bill ETF 0.93% 25,833 $2.4M Reduce -12.2%
IAGG iShares Intl Aggregate Bond 0.85% 43,359 $2.2M Add +9.8%
JEPI JPMorgan Equity Premium Inco 0.80% 35,808 $2.0M Add +3.6%
ISTB iShares Core 1-5 Year Usd Bo 0.80% 42,060 $2.0M Add +6.6%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.76% 37,396 $1.9M Add +3.4%
META Meta Platforms Inc. Class A 0.76% 3,347 $1.9M Reduce -7.8%
DSTL Distillate US Fundamental St 0.74% 34,780 $1.9M Add +3.4%
BABA Alibaba Group Holding-SP ADR 0.71% 13,677 $1.8M Reduce -7.2%
NFLX Netflix Inc. 0.69% 1,893 $1.8M Reduce -3.4%
AMZN Amazon.com Inc. 0.67% 8,974 $1.7M Reduce -18.4%
JPM JPMorgan Chase & Co. 0.65% 6,786 $1.7M Reduce -3.0%
ABBV Abbvie Inc. 0.62% 7,574 $1.6M Reduce -2.3%
PM Philip Morris International 0.62% 9,937 $1.6M Reduce -4.1%
COIN Coinbase Global Inc. Class A 0.60% 8,869 $1.5M Reduce -3.0%
XLRE SS Real Estate Select Sector 0.60% 36,395 $1.5M Add +3.8%
QQEW First TR Nasdaq-100 Sel Eq 0.57% 11,937 $1.4M Reduce -4.9%
SPYM Ste STR SPDR PT S&P 500 ETF 0.54% 21,102 $1.4M Reduce -3.2%
PYPL PayPal Holdings Inc. 0.54% 21,254 $1.4M Add +0.3%
COST Costco Wholesale Corp. 0.53% 1,420 $1.3M Reduce -8.7%
VZ Verizon Communications Inc. 0.51% 28,914 $1.3M Reduce -4.8%
XLV SS Health Care Select Sector 0.50% 8,778 $1.3M Reduce -55.6%
AVGO Broadcom Inc. 0.49% 7,417 $1.2M Reduce -21.3%
BOND PIMCO Active Bond Exchange-T 0.48% 13,370 $1.2M New
ZTS Zoetis Inc. 0.48% 7,491 $1.2M Add +5.4%
GOOG Alphabet Inc. Class C 0.47% 7,732 $1.2M Reduce -27.9%
T AT&T Inc. 0.47% 41,953 $1.2M Reduce -3.1%
HD Home Depot Inc. 0.46% 3,186 $1.2M Reduce -0.1%
UNH Unitedhealth Group Inc. 0.45% 2,211 $1.2M Reduce -0.3%
ROKU Roku Inc. 0.45% 16,182 $1.1M Add +1.2%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.43% 13,920 $1.1M Add +21.8%
CVS CVS Health Corp. 0.43% 16,092 $1.1M Reduce -2.6%
ULTA Ulta Beauty Inc. 0.43% 2,966 $1.1M Add +3.9%
ORCL Oracle Corp. 0.43% 7,771 $1.1M Reduce -3.9%
MO Altria Group Inc. 0.42% 17,905 $1.1M Reduce -0.6%
IWM iShares Russell 2000 ETF 0.42% 5,375 $1.1M Reduce -8.0%
JNJ Johnson & Johnson 0.40% 6,195 $1.0M Reduce -5.7%
CMG Chipotle Mexican Grill Inc. 0.40% 20,162 $1.0M Add +3.6%
CIBR First Trust Nasdaq Cybersecu 0.39% 15,964 $1.0M Reduce -8.4%
CSCO Cisco Systems Inc. 0.39% 16,249 $1.0M Reduce -2.6%
XLK SS Technology Select Sector 0.38% 4,748 $980K Reduce -54.5%
MA Mastercard Inc. Class A 0.38% 1,785 $979K Reduce -20.5%
JAAA Janus Henderson Aaa Clo ETF 0.38% 19,263 $977K New
SBUX Starbucks Corp. 0.38% 9,925 $974K Reduce -0.6%
LLY Eli Lilly & Co. 0.38% 1,164 $961K Add +0.1%
LULU Lululemon Athletica Inc. 0.36% 3,288 $931K Reduce -1.3%
XLP SS Consumer Staples Sel Sect 0.36% 11,264 $920K Reduce -68.1%
PG The Procter & Gamble Co. 0.35% 5,312 $905K Reduce -13.7%
MU Micron Technology Inc. 0.35% 10,283 $894K Reduce -0.8%
FETH Fidelity Ethereum Fund 0.35% 48,293 $881K Reduce -6.1%
WMT Walmart Inc. 0.34% 10,019 $880K Reduce -16.7%
AMD Advanced Micro Devices 0.34% 8,387 $862K Add +2.6%
IBB iShares Biotechnology ETF 0.34% 6,729 $861K Reduce -0.9%
INTU Intuit Inc. 0.33% 1,391 $854K Add +3.3%
FSLR First Solar Inc. 0.33% 6,745 $853K Add +61218.2%
DHR Danaher Corp. 0.33% 4,110 $843K Add +5.5%
VEA Vanguard Ftse Developed ETF 0.32% 16,129 $820K Reduce -4.1%
PFE Pfizer Inc. 0.32% 32,354 $820K Add +0.2%
QQQM Invesco Nasdaq 100 ETF 0.32% 4,211 $813K Reduce -5.6%
KO The Coca-Cola Co. 0.32% 11,321 $811K Reduce -9.0%
QCOM Qualcomm Inc. 0.32% 5,258 $808K Add +0.7%
STX Seagate Technology Holdings 0.31% 9,345 $794K Add +0.9%
UPS United Parcel Service Class B 0.30% 6,985 $768K Reduce -4.7%
MRK Merck & Co. Inc. 0.30% 8,540 $767K Reduce -24.3%
EMXC iShares MSCI Emr MRK Ex Chna 0.30% 13,895 $765K Reduce -3.8%
GOOGL Alphabet Inc. Class A 0.30% 4,870 $753K Reduce -35.4%
VIG Vanguard Dividend Apprec ETF 0.29% 3,818 $741K Reduce -14.1%
SPDW Ste STR SPDR PT DW Eu ETF 0.29% 20,233 $737K Add +39.2%
SPGI S&P Global Inc. 0.28% 1,415 $719K Add +2.5%
MMM 3M Co. 0.28% 4,818 $708K Reduce -29.6%
ISRG Intuitive Surgical Inc. 0.28% 1,424 $705K Add +0.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.28% 4,079 $705K Reduce -6.3%
BMY Bristol-Myers Squibb Co. 0.27% 11,444 $698K Reduce -1.1%
PEP Pepsico Inc. 0.27% 4,570 $685K Reduce -5.0%
VUG Vanguard Mrngstar GR ETF-Sui 0.27% 1,847 $685K Reduce -10.8%
SHW The Sherwin-Williams Co. 0.25% 1,855 $648K Reduce -17.6%
XLSR SS US Sector Rotation 0.25% 12,737 $647K Add +2.3%
VRT Vertiv Holdings Co. Class A 0.25% 8,725 $630K Add +77.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.24% 14,435 $602K Add +0.0%
SPEM State Street SP PTF Em ETF 0.23% 15,079 $594K Reduce -2.9%
ASML ASML Holding NV-NY Reg SHS 0.23% 885 $586K Add +14650.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.23% 1,045 $584K Reduce -49.5%
SHV iShares 0-1 Year Treasury Bo 0.22% 5,131 $567K Reduce -7.4%
PRU Prudential Financial Inc. 0.22% 5,047 $564K Add +0.3%
XLY SS Consumer Disc Select Sect 0.22% 2,823 $557K Reduce -74.1%
NEE Nextera Energy Inc. 0.21% 7,730 $548K Reduce -30.6%
V Visa Inc. Class A 0.21% 1,555 $545K Reduce -4.3%
TXN Texas Instruments Inc. 0.21% 3,007 $540K Add +0.9%
AMT American Tower Corp. 0.21% 2,453 $534K Add +2.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.20% 6,183 $519K Reduce -0.7%
MCK McKesson Corp. 0.20% 765 $515K Reduce -4.1%
LMT Lockheed Martin Corp. 0.20% 1,140 $509K Reduce -4.4%
JNK SS SPDR BB High Yield Bond 0.20% 5,297 $505K Reduce -23.2%
VYMI Vanguard Int High DVD YLD Inc. 0.19% 6,571 $484K Reduce -5.7%
XLC SS Comm Select Sector SPDR 0.19% 4,912 $474K Reduce -49.2%
D Dominion Energy Inc. 0.19% 8,424 $472K Add +0.4%
XLI SS Industrial Select Sector 0.18% 3,592 $471K Reduce -72.2%
PLD Prologis Inc. 0.18% 4,151 $464K Add +0.5%
WFC Wells Fargo & Co. 0.18% 6,382 $458K Reduce -0.9%
DPZ Domino's Pizza Inc. 0.17% 962 $442K Add +0.6%
AXP American Express Co. 0.17% 1,631 $439K Reduce -1.2%
XLF SS Financial Select Sector 0.17% 8,799 $438K Reduce -56.3%
BSX Boston Scientific Corp. 0.17% 4,281 $432K Reduce -1.3%
TMUS T-Mobile US Inc. 0.16% 1,564 $417K Reduce -1.6%
INTC Intel Corp. 0.16% 18,287 $415K Reduce -1.4%
IBKR Interactive Brokers Gro Class A 0.16% 2,402 $398K Reduce -33.2%
PH Parker Hannifin Corp. 0.15% 632 $384K Reduce -27.4%
KR Kroger Co. 0.14% 5,404 $366K Reduce -0.5%
PHM Pultegroup Inc. 0.14% 3,485 $358K Reduce -0.8%
DELL Dell Technologies -C 0.14% 3,882 $354K Reduce -37.3%
SPYV SS SPDR P S&P 500 Value ETF 0.14% 6,743 $344K Reduce -3.5%
RCL Royal Caribbean Cruises Ltd. 0.13% 1,674 $344K Add +172.6%
UBER Uber Technologies Inc. 0.13% 4,693 $342K Reduce -0.9%
QSR Restaurant Brands Intern 0.13% 5,075 $338K Add +28.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.13% 2,753 $335K Add +22.7%
ABX Abacus Global Management Inc. 0.13% 44,564 $334K Add +6.5%
CRM Salesforce Inc. 0.13% 1,241 $333K Reduce -1.4%
FANG Diamondback Energy Inc. 0.13% 1,998 $320K Add +86.5%
LHX L3HARRIS Technologies Inc. 0.13% 1,524 $319K Add +276.3%
SPSM SS SPDR P S&P 600 Small Cap 0.12% 7,672 $313K Reduce -18.6%
SPAB SS SPDR P Agg Bond ETF 0.12% 12,105 $309K No change
KMB Kimberly-Clark Corp. 0.12% 2,129 $303K Reduce -14.5%
PPL PPL Corp. 0.12% 8,288 $299K Add +2522.8%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.12% 3,442 $296K Reduce -0.8%
KDP Keurig Dr Pepper Inc. 0.12% 8,596 $294K New
XOM Exxon Mobil Corp. 0.11% 2,452 $292K Reduce -2.1%
DAL Delta Air Lines Inc. 0.11% 6,688 $292K Reduce -7.1%
RGA Reinsurance Group of America 0.11% 1,469 $289K Add +6.9%
SYY Sysco Corp. 0.11% 3,768 $283K Reduce -0.2%
NOW ServiceNow Inc. 0.11% 348 $277K No change
ADBE Adobe Inc. 0.10% 686 $263K Reduce -75.5%
WDAY Workday Inc. Class A 0.10% 1,087 $254K Reduce -1.0%
VWO Vanguard Ftse Emerging Marke 0.10% 5,450 $247K Reduce -4.5%
CNP Centerpoint Energy Inc. 0.10% 6,752 $245K Reduce -1.3%
GPK Graphic Packaging Holding Co. 0.09% 8,949 $232K Reduce -1.1%
JPST JPMorgan Ultra-Short Income 0.09% 4,545 $230K Reduce -17.3%
LIN Linde PLC 0.09% 487 $227K Reduce -3.4%
LRCX Lam Research Corp. 0.09% 3,111 $226K New
MINT PIMCO Enhanced Short Maturit 0.09% 2,229 $224K Reduce -28.0%
BOXX Alpha Architect 1-3 MNTH Box 0.09% 1,949 $217K No change
IQV Iqvia Holdings Inc. 0.08% 1,210 $213K Add +15025.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.08% 2,159 $213K Add +67.8%
ETHE Grayscale Ethereum Staking E 0.08% 13,447 $205K Reduce -82.8%
BNDX Vanguard Total Intl Bond ETF 0.08% 4,172 $204K Reduce -3.4%
VB Vanguard Most SM-Cap ETF-Usd 0.07% 854 $189K Reduce -4.2%
BSV Vanguard Short-Term Bond ETF 0.07% 2,365 $185K Reduce -3.8%
CERY SS SPDR BBG En RY CM St N-Ui 0.07% 6,252 $173K Add +109.4%
GLPI Gaming and Leisure Propertie 0.07% 3,320 $169K Reduce -0.7%
FTCS First Trust Capital Strength 0.06% 1,799 $161K Reduce -7.1%
BUFR FT Vest Lad Buffervetf-Usd I 0.06% 5,305 $158K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.06% 2,210 $150K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.06% 2,928 $150K Add +6.3%
SPLB SS SPDR P Long Term C ETF 0.05% 5,932 $134K Add +3751.9%
TDIV FT Nasdaq Tech DVD Index FD 0.05% 1,806 $133K No change
GWX State Street SPDR S&P Intern 0.05% 4,080 $130K Reduce -4.1%
GLD SPDR Gold Shares 0.05% 438 $126K Reduce -13.3%
FISR SS Fi Sector Rotation 0.05% 4,792 $124K Add +141.7%
SPEU State Street SPDR Portfolio 0.04% 2,547 $112K Add +6112.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.04% 2,632 $110K New
VMBS Vanguard Mortgage-Backed Sec 0.04% 2,334 $108K Reduce -4.0%
SPTL SS SPDR PF LNG TRM TSY E-Usd 0.04% 3,948 $108K Add +52.4%
XNTK SS SPDR Nyse Tech ETF 0.04% 551 $106K No change
SPIB SS SPDR P Int C Corp. ETF 0.04% 2,999 $100K Reduce -37.9%
SJNK SS SPDR BB St Hi Yield ETF 0.04% 3,955 $100K Add +19.0%
BIV Vanguard Intermediate-Term B 0.04% 1,266 $97K Reduce -4.6%
BLV Vanguard Long-Term Bond ETF 0.04% 1,310 $92K Reduce -4.0%
SRLN SS Blackstone Sr Loan ETF 0.03% 1,905 $78K Add +28.9%
SPYG SS SPDR P S&P 500 Growth ETF 0.03% 958 $77K Reduce -13.3%
EMHC SS SPDR BB Em Usd Bond ETF 0.03% 3,180 $77K Add +27.8%
EBND State Street SPDR Bloomberg 0.02% 3,015 $61K Reduce -27.4%
FBTC Fidelity Wise Origin Bitcoin 0.02% 824 $59K Reduce -56.8%
FIXD First Trust Smith Opportunis 0.02% 1,275 $56K No change
NET Cloudflare Inc. Class A 0.02% 456 $51K Reduce -36.8%
ETH Grayscale Ethereum Staking M 0.02% 2,651 $46K Reduce -22.9%
SPTI SS SPDR P Int Term TSY ETF 0.02% 1,535 $44K Reduce -1.1%
VNQ Vanguard Real Estate ETF 0.02% 480 $43K Reduce -13.2%
SCHR Schwab Intermediate-Term US 0.02% 1,720 $43K No change
TOTL SS Doubleline TR Tact ETF 0.02% 1,050 $42K No change
SPSB SS SPDR P St C Corp. ETF 0.02% 1,380 $42K No change
ETHA iShares Ethereum Trust ETF 0.02% 2,983 $41K Reduce -57.6%
VYM Vanguard High DVD Yield ETF 0.01% 244 $31K No change
IWY iShares Russell Top 200 Grow 0.01% 138 $29K Reduce -27.8%
TTE Totalenergies SE -Spon ADR 0.01% 432 $28K Add +9.1%
SNY Sanofi-ADR 0.01% 482 $27K Reduce -11.1%
XAR SS SPDR S&P Aerospace Def 0.01% 166 $27K No change
ENB Enbridge Inc. 0.01% 591 $26K Add +0.7%
CVX Chevron Corp. 0.01% 150 $25K Reduce -11.2%
NGG National Grid PLC-SP ADR 0.01% 382 $25K Add +8.8%
GILD Gilead Sciences Inc. 0.01% 214 $24K Reduce -23.3%
IWP iShares Russell Mid-Cap Grow 0.01% 203 $24K Reduce -42.8%
IWD iShares Russell 1000 Value E 0.01% 122 $23K Reduce -51.8%
XEL Xcel Energy Inc. 0.01% 311 $22K Reduce -1.3%
AMGN Amgen Inc. 0.01% 67 $21K Add +19.6%
XBI SS SPDR S&P Biotech ETF 0.01% 250 $20K No change
USB US Bancorp 0.01% 455 $19K Reduce -1.9%
ANGL Vaneck Fallen Angel High YLD 0.01% 649 $19K Reduce -99.3%
XSD SS SPDR S&P Semiconductor 0.01% 92 $18K No change
DUK Duke Energy Corp. 0.01% 148 $18K No change
PAVE Global X US Infrastructure 0.01% 456 $17K Reduce -26.0%
PNC PNC Financial Services Group 0.01% 97 $17K Reduce -1.0%
O Realty Income Corp. 0.01% 284 $16K Reduce -0.7%
AEP American Electric Power 0.01% 148 $16K Add +0.7%
TRP TC Energy Corp. 0.01% 329 $16K Reduce -18.4%
TFC Truist Financial Corp. 0.01% 374 $15K Reduce -1.8%
LYB Lyondellbasell Indu Class A 0.01% 217 $15K Reduce -2.7%
TWLO Twilio Inc. Class A 0.01% 153 $15K Reduce -12.6%
ACN Accenture PLC Class A 0.01% 46 $14K No change
HBAN Huntington Bancshares Inc. 0.01% 946 $14K Reduce -0.7%
SCHP Schwab U.S. Tips ETF 0.01% 514 $14K No change
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.01% 143 $14K Add +2.9%
IFLN Invesco Bloomberg Enhanced F 0.01% 712 $13K No change
KVUE Kenvue Inc. 0.01% 534 $13K Add +0.6%
SO The Southern Co. 0.00% 135 $12K Reduce -84.9%
ARE Alexandria Real Estate Equit 0.00% 130 $12K Reduce -1.5%
ETR Entergy Corp. 0.00% 129 $11K Reduce -20.4%
SPGP Invesco S&P 500 Garp ETF 0.00% 103 $10K Reduce -26.9%
DEO Diageo PLC-Sponsored ADR 0.00% 98 $10K Add +1.0%
SIXO Allian US Equ 6 Mon BU10-Usd 0.00% 299 $9K No change
SMCI Super Micro Computer Inc. 0.00% 270 $9K No change
DRSK Aptus Defined Risk ETF 0.00% 328 $9K No change
WEC WEC Energy Group Inc. 0.00% 81 $9K No change
PAYX Paychex Inc. 0.00% 55 $8K Reduce -20.3%
IHAK iShares Cybersecurity & Tech 0.00% 173 $8K Reduce -27.0%
IWC iShares Micro-Cap ETF 0.00% 70 $8K No change
AMCR Amcor PLC 0.00% 756 $7K Reduce -2.7%
AMAT Applied Materials Inc. 0.00% 50 $7K Reduce -71.6%
ARKF ARK Blockchain & Fintech Inn 0.00% 218 $7K Reduce -19.3%
MS Morgan Stanley 0.00% 62 $7K Reduce -24.4%
FE Firstenergy Corp. 0.00% 176 $7K Reduce -11.6%
WMB Williams Cos Inc. 0.00% 119 $7K Reduce -22.7%
FISV Fiserv Inc. 0.00% 32 $7K Reduce -8.6%
DECW Alianzim US Eq BFR20 Dec-Usd 0.00% 224 $7K No change
NXTG First Trust Indxx Nextg ETF 0.00% 73 $6K Reduce -27.0%
JANW Alianzim US Eq BFR20 Jan-Usd 0.00% 186 $6K No change
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM 0.00% 109 $6K Reduce -2.7%
DTCR Global X Data Center & Digit 0.00% 362 $6K Reduce -26.6%
ORLY O'reilly Automotive Inc. 0.00% 4 $6K No change
FIW First Trust Water ETF 0.00% 55 $6K Reduce -27.6%
OCTW Alianzim US Eq BFR20 Oct-Usd 0.00% 153 $5K No change
TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN 0.00% 244 $5K Add +35.6%
QCLN First Trust Nasdaq Clean Edg 0.00% 160 $5K Reduce -26.6%
HWM Howmet Aerospace Inc. 0.00% 35 $5K No change
CRWD CrowdStrike Holdings Inc. Class A 0.00% 12 $4K Reduce -98.9%
GM General Motors Co. 0.00% 88 $4K Reduce -69.4%
TPR Tapestry Inc. 0.00% 54 $4K Reduce -34.9%
CMCSA Comcast Corp. Class A 0.00% 101 $4K Reduce -42.0%
IBUY Amplify Online Retail ETF 0.00% 61 $4K Reduce -26.5%
GDEC FT Vest US Equity Moderate B 0.00% 99 $3K No change
JCI Johnson Controls Internation 0.00% 40 $3K Reduce -20.0%
VOO Vanguard S&P 500 ETF 0.00% 6 $3K Reduce -85.7%
CDW CDW Corp. 0.00% 19 $3K No change
ALGN Align Technology Inc. 0.00% 19 $3K Reduce -99.3%
TMO Thermo Fisher Scientific Inc. 0.00% 6 $3K No change
GPC Genuine Parts Co. 0.00% 23 $3K New
CLH Clean Harbors Inc. 0.00% 13 $3K No change
IAUM iShares Gold Trust Micro 0.00% 82 $3K No change
REGN Regeneron Pharmaceuticals 0.00% 4 $3K No change
QBER Trueshares Quartly B HDG ETF 0.00% 100 $2K No change
AGNG GLB X Aging Population ETF 0.00% 78 $2K Reduce -26.4%
ALV Autoliv Inc. 0.00% 27 $2K No change
GRID First TRST Nasd Class Edg Sgiif 0.00% 21 $2K Reduce -27.6%
ARKG ARK Genomic Revolution ETF 0.00% 114 $2K Reduce -18.6%
ZBRA Zebra Technologies Corp. Class A 0.00% 8 $2K No change
MGNI Magnite Inc. 0.00% 197 $2K Add +84.1%
DLR Digital Realty Trust Inc. 0.00% 15 $2K No change
GLOBAL X HEALTHTECH ETF 0.00% 227 $2K Reduce -24.3%
STAG Stag Industrial Inc. 0.00% 58 $2K Add +31.8%
FAN First Trust Global Wind Ener 0.00% 132 $2K Reduce -28.3%
CAT Caterpillar Inc. 0.00% 6 $2K Reduce -99.4%
PDBC Invesco Optimum Yield Divers 0.00% 143 $2K No change
MAR Marriott International Class A 0.00% 8 $2K Reduce -99.4%
BLOK Amplify Blockchain Tech ETF 0.00% 51 $2K Reduce -27.1%
POR Portland General Electric Co. 0.00% 41 $2K No change
TSLA Tesla Inc. 0.00% 7 $2K Reduce -99.8%
LIT Global X Lithium & Battery T 0.00% 45 $2K Reduce -77.5%
MSCI MSCI Inc. 0.00% 3 $2K No change
QBUL Trueshare QRT Bull Hdge ETF 0.00% 67 $2K No change
LISTED FDS TR 0.00% 44 $2K New
TYA Simplify Intermediate Term 0.00% 122 $2K Add +0.8%
JULU Allianzim US BF15 Uncap Jul 0.00% 63 $2K New
LISTED FDS TR 0.00% 45 $2K No change
SCHX Schwab US Large-Cap ETF 0.00% 72 $2K Add +105.7%
BBY Best Buy Co. Inc. 0.00% 21 $2K No change
SIXJ Allian US Equ 6 Mon BU10-Usd 0.00% 50 $1K New
MPC Marathon Petroleum Corp. 0.00% 10 $1K Reduce -99.5%
IPAY Amplify Digital Payments ETF 0.00% 27 $1K Reduce -27.0%
NSC Norfolk Southern Corp. 0.00% 6 $1K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 20 $1K Reduce -85.7%
PANW Palo Alto Networks Inc. 0.00% 8 $1K Reduce -92.6%
ICVT iShares Convertible Bond ETF 0.00% 16 $1K Reduce -99.8%
CHD Church & Dwight Co. Inc. 0.00% 12 $1K No change
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.00% 14 $1K No change
WFRD Weatherford International PL 0.00% 24 $1K No change
GAMR Amplify Video Game LDRS ETF 0.00% 19 $1K Reduce -24.0%
TIPX SS SPDR BB 1-10YR Tips ETF 0.00% 65 $1K Add +16.1%
PAWZ Proshares Pet Care ETF 0.00% 22 $1K Reduce -24.1%
USHY iShares Broad Usd High Yield 0.00% 31 $1K No change
HYLB Xtrackers Usd High Yield Cor 0.00% 31 $1K No change
TIP iShares Tips Bond ETF 0.00% 9 $1K Reduce -98.0%
LECO Lincoln Electric Holdings 0.00% 5 $946 No change
FLRN SS SPDR BB Ig Float RT ETF 0.00% 30 $925 No change
LISTED FDS TR 0.00% 21 $818 No change
MDLZ Mondelez International Inc. Class A 0.00% 12 $814 Reduce -99.7%
ALB Albemarle Corp. 0.00% 11 $792 Reduce -87.6%
LISTED FDS TR 0.00% 26 $792 No change
LISTED FDS TR 0.00% 24 $786 No change
LISTED FDS TR 0.00% 24 $778 No change
LISTED FDS TR 0.00% 20 $769 No change
LISTED FDS TR 0.00% 19 $746 No change
ITOT iShares Core S&P Total U.S. 0.00% 6 $732 Reduce -96.2%
RNG Ringcentral Inc. Class A 0.00% 23 $569 Reduce -28.1%
SOLV Solventum Corp. 0.00% 5 $380 Reduce -99.0%
BKR Baker Hughes Co. 0.00% 8 $352 No change
WBD Warner Bros Discovery Inc. 0.00% 4 $43 Reduce -96.4%
BTE Baytex Energy Corp. 0.00% 7 $16 No change
Lines left out (2) · $7 — a value with no share or principal amount
SecurityClassSharesValue
BILZ PIMCO Ultra SHRT Govt Active ULTR SH GO AC FD0$6
BUZZ Vaneck Social Sentiment ETF SOCIAL SENTIMENT0$1

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $255.0M.

Portfolio Sells Q4 2024 → Q1 2025

ANGL Vaneck Fallen Angel High YLD Reduce -99.3% 0.01% −0.94
ETHE Grayscale Ethereum Staking E Reduce -82.8% 0.08% −0.72
VOLATILITY SHS TR Sold out 0.00% −0.69
XLY SS Consumer Disc Select Sect Reduce -74.1% 0.22% −0.67
XLP SS Consumer Staples Sel Sect Reduce -68.1% 0.36% −0.65
AAPL Apple Inc. Reduce -21.3% 1.57% −0.52
TSLA Tesla Inc. Reduce -99.8% 0.00% −0.50
XLK SS Technology Select Sector Reduce -54.5% 0.38% −0.50
XLV SS Health Care Select Sector Reduce -55.6% 0.50% −0.49
LMBS First Trust Low Duration Opp Sold out 0.00% −0.48
XLI SS Industrial Select Sector Reduce -72.2% 0.18% −0.44
BYLD iShares Yield Optimized Bond Sold out 0.00% −0.39
ADBE Adobe Inc. Reduce -75.5% 0.10% −0.35
ICVT iShares Convertible Bond ETF Reduce -99.8% 0.00% −0.32
QQQ Invesco QQQ Trust Series 1 Reduce -8.6% 2.93% −0.32
AVGO Broadcom Inc. Reduce -21.3% 0.49% −0.31
FETH Fidelity Ethereum Fund Reduce -6.1% 0.35% −0.28
GOOG Alphabet Inc. Class C Reduce -27.9% 0.47% −0.27
IUSG iShares Core S&P U.S. Growth Reduce -3.2% 5.00% −0.26
COIN Coinbase Global Inc. Class A Reduce -3.0% 0.60% −0.23
GOOGL Alphabet Inc. Class A Reduce -35.4% 0.30% −0.22
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.22
ALGN Align Technology Inc. Reduce -99.3% 0.00% −0.22
SPY SS SPDR S&P 500 ETF Trust-US Reduce -49.5% 0.23% −0.21
AMZN Amazon.com Inc. Reduce -18.4% 0.67% −0.21
XLF SS Financial Select Sector Reduce -56.3% 0.17% −0.18
XLC SS Comm Select Sector SPDR Reduce -49.2% 0.19% −0.16
MAR Marriott International Class A Reduce -99.4% 0.00% −0.14
CAT Caterpillar Inc. Reduce -99.4% 0.00% −0.14
CRWD CrowdStrike Holdings Inc. Class A Reduce -98.9% 0.00% −0.13
MSFT Microsoft Corp. Reduce -4.6% 1.37% −0.13
DELL Dell Technologies -C Reduce -37.3% 0.14% −0.12
MPC Marathon Petroleum Corp. Reduce -99.5% 0.00% −0.11
MRK Merck & Co. Inc. Reduce -24.3% 0.30% −0.11
VV Vngrd Mrgstr LRG-Cap ETF-Usd Sold out 0.00% −0.11
LULU Lululemon Athletica Inc. Reduce -1.3% 0.36% −0.10
DTE DTE Energy Company Sold out 0.00% −0.10
MDLZ Mondelez International Inc. Class A Reduce -99.7% 0.00% −0.09
NEE Nextera Energy Inc. Reduce -30.6% 0.21% −0.08
IBKR Interactive Brokers Gro Class A Reduce -33.2% 0.16% −0.08
PAAS Pan American Silver Corp. Sold out 0.00% −0.07
ORCL Oracle Corp. Reduce -3.9% 0.43% −0.07
MTD Mettler-Toledo International Sold out 0.00% −0.06
DTM DT Midstream Inc. Sold out 0.00% −0.06
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -12.2% 0.93% −0.05
PH Parker Hannifin Corp. Reduce -27.4% 0.15% −0.05
WMT Walmart Inc. Reduce -16.7% 0.34% −0.05
IWM iShares Russell 2000 ETF Reduce -8.0% 0.42% −0.05
ETHA iShares Ethereum Trust ETF Reduce -57.6% 0.02% −0.05
MA Mastercard Inc. Class A Reduce -20.5% 0.38% −0.05

Portfolio Buys Q4 2024 → Q1 2025

RSP Invesco S&P 500 Equal Weight Add +384.8% 3.00% +2.42
PYLD PIMCO Multisector Bond Actv New 2.16% +2.16
IJH iShares Core S&P Midcap ETF Add +4781.5% 1.04% +1.02
AGG iShares Core U.S. Aggregate Add +5.4% 4.67% +0.64
IEFA iShares Core MSCI Eafe ETF Add +1.9% 3.35% +0.51
TLT iShares 20+ Year Treasury BD Add +1.8% 4.11% +0.51
BOND PIMCO Active Bond Exchange-T New 0.48% +0.48
JAAA Janus Henderson Aaa Clo ETF New 0.38% +0.38
EFA iShares MSCI Eafe ETF Add +2.9% 2.07% +0.34
FSLR First Solar Inc. Add +61218.2% 0.33% +0.33
JPIE JPMorgan Income ETF Add +0.2% 3.54% +0.29
ASML ASML Holding NV-NY Reg SHS Add +14650.0% 0.23% +0.23
IEMG iShares Core MSCI Emerging Add +0.5% 1.81% +0.19
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +6.2% 1.32% +0.19
EEM iShares MSCI Emerging Market Add +4.0% 1.08% +0.16
SCZ iShares MSCI Eafe Small-Cap Add +0.9% 1.11% +0.13
IAGG iShares Intl Aggregate Bond Add +9.8% 0.85% +0.13
KDP Keurig Dr Pepper Inc. New 0.12% +0.12
PPL PPL Corp. Add +2522.8% 0.12% +0.11
ISTB iShares Core 1-5 Year Usd Bo Add +6.6% 0.80% +0.11
SPDW Ste STR SPDR PT DW Eu ETF Add +39.2% 0.29% +0.11
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +21.8% 0.43% +0.10
LHX L3HARRIS Technologies Inc. Add +276.3% 0.13% +0.09
LRCX Lam Research Corp. New 0.09% +0.09
RCL Royal Caribbean Cruises Ltd. Add +172.6% 0.13% +0.08
IQV Iqvia Holdings Inc. Add +15025.0% 0.08% +0.08
JEPI JPMorgan Equity Premium Inco Add +3.6% 0.80% +0.08
XLRE SS Real Estate Select Sector Add +3.8% 0.60% +0.08
DSTL Distillate US Fundamental St Add +3.4% 0.74% +0.07
ZTS Zoetis Inc. Add +5.4% 0.48% +0.06
FANG Diamondback Energy Inc. Add +86.5% 0.13% +0.06
IVV iShares Core S&P 500 ETF Add +1.4% 1.48% +0.06
SPLB SS SPDR P Long Term C ETF Add +3751.9% 0.05% +0.05
AMT American Tower Corp. Add +2.9% 0.21% +0.05
LLY Eli Lilly & Co. Add +0.1% 0.38% +0.05
VRT Vertiv Holdings Co. Class A Add +77.5% 0.25% +0.04
SPEU State Street SPDR Portfolio Add +6112.2% 0.04% +0.04
SLB SLB Ltd. New 0.04% +0.04
CERY SS SPDR BBG En RY CM St N-Ui Add +109.4% 0.07% +0.04
QSR Restaurant Brands Intern Add +28.7% 0.13% +0.04
TJX TJX Companies Inc. Add +22.7% 0.13% +0.03
DIS The Walt Disney Co. Add +67.8% 0.08% +0.03
SPGI S&P Global Inc. Add +2.5% 0.28% +0.03
FISR SS Fi Sector Rotation Add +141.7% 0.05% +0.03
DPZ Domino's Pizza Inc. Add +0.6% 0.17% +0.03
INTU Intuit Inc. Add +3.3% 0.33% +0.03
QCOM Qualcomm Inc. Add +0.7% 0.32% +0.02
PLD Prologis Inc. Add +0.5% 0.18% +0.02
D Dominion Energy Inc. Add +0.4% 0.19% +0.02
STX Seagate Technology Holdings Add +0.9% 0.31% +0.02

Notes & Other Activity Q4 2024 → Q1 2025

BILZ PIMCO Ultra SHRT Govt Active ULTR SH GO AC FD Reduce -100.0% 0 $6

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 319$327.0MIUSV, IUSG, TLT, JPIE, IEFA
Q1 2026 299$297.1MIUSV, IUSG, TLT, JPIE, IEFA
Q4 2025 293$301.2MIUSV, IUSG, AGG, IJR, TLT
Q3 2025 315$292.9MIUSV, IUSG, IJR, AGG, TLT
Q2 2025 336$276.6MIUSV, IUSG, AGG, IJR, TLT
Q1 2025 335$255.0MIUSV, IUSG, IJR, AGG, TLT
Q4 2024 512$274.5MIUSV, IUSG, IJR, AGG, TLT
Q3 2024 504$278.4MIUSV, IUSG, IJR, AGG, TLT
Q2 2024 495$259.1MIUSG, IUSV, IJR, AGG, TLT
Q1 2024 511$250.5MIUSV, IUSG, IJR, AGG, TLT