Ritholtz Wealth Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 17, 2025), Ritholtz Wealth Management reported 919 stock positions worth $3.3 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 8.7% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.0%) and iShares 0-5 Year Tips Bond E (STIP, 5.5%). Compared with Q4 2024, it opened 125 new positions, sold out of 58, added to 413 and reduced 338. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +28%) and the biggest sale Invesco QQQ Trust Series 1 (QQQ, shares −86%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001698218
- Portfolio Value
- $3.3B (Q1 2025)
- SEC Filing
- 0001085146-25-002136 ↗ filed Apr 17, 2025
Holdings Value
Holdings 919 stocks · $3.3B
| VTI VG Morningstar TS MKT ETF-US | 8.74% | 1,064,573 | $292.6M | Add +27.5% |
| IVV iShares Core S&P 500 ETF | 5.97% | 355,276 | $199.6M | Reduce -0.4% |
| STIP iShares 0-5 Year Tips Bond E | 5.50% | 1,777,451 | $183.9M | Add +13.1% |
| AAPL Apple Inc. | 3.46% | 521,052 | $115.7M | Add +1.4% |
| BND Vanguard Total Bond Market | 3.10% | 1,413,882 | $103.8M | Add +22.8% |
| FBND Fidelity Total Bond ETF | 3.00% | 2,198,162 | $100.3M | Add +18.5% |
| AGG iShares Core U.S. Aggregate | 2.97% | 1,003,356 | $99.3M | Add +9.3% |
| VFMO Vanguard US Momentum Factor | 2.18% | 479,873 | $72.8M | Add +8.7% |
| DFSV Dimensional US Small Cap Val | 2.06% | 2,451,943 | $69.0M | Add +16.3% |
| IEFA iShares Core MSCI Eafe ETF | 1.82% | 803,603 | $60.8M | Reduce -34.0% |
| MSFT Microsoft Corp. | 1.74% | 154,742 | $58.1M | Add +1.8% |
| NVDA Nvidia Corp. | 1.70% | 525,742 | $57.0M | Add +5.8% |
| DISV Dimensional International SM | 1.43% | 1,647,321 | $48.0M | Add +15.9% |
| IMTM iShares MSCI Intl Momentum F | 1.43% | 1,199,058 | $47.9M | Add +32.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 1.28% | 819,974 | $42.9M | Add +29.6% |
| AMZN Amazon.com Inc. | 1.18% | 208,287 | $39.6M | Add +5.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.87% | 266,527 | $29.0M | Add +4.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.84% | 59,605 | $27.9M | Reduce -85.8% |
| DFEV Dimensional Emrg MRKT Val | 0.82% | 1,008,414 | $27.3M | Reduce -0.9% |
| IEMG iShares Core MSCI Emerging | 0.81% | 500,865 | $27.0M | Add +0.5% |
| SUB iShares Short-Term National | 0.79% | 249,072 | $26.3M | Add +10.6% |
| ORI Old Republic Intl Corp. | 0.69% | 585,936 | $23.0M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.68% | 42,919 | $22.9M | Add +4.8% |
| V Visa Inc. Class A | 0.64% | 61,295 | $21.5M | Add +5.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.64% | 38,048 | $21.3M | Reduce -79.7% |
| GOOGL Alphabet Inc. Class A | 0.60% | 129,820 | $20.1M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 0.58% | 78,931 | $19.4M | Add +2.3% |
| COST Costco Wholesale Corp. | 0.57% | 20,222 | $19.1M | Add +2.2% |
| META Meta Platforms Inc. Class A | 0.56% | 32,365 | $18.7M | Add +3.1% |
| WMT Walmart Inc. | 0.53% | 202,209 | $17.8M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 0.52% | 21,074 | $17.4M | Reduce -0.6% |
| GOOG Alphabet Inc. Class C | 0.52% | 111,263 | $17.4M | Add +0.6% |
| IEF iShares 7-10 Year Treasury B | 0.41% | 144,672 | $13.8M | Add +13.5% |
| AVGO Broadcom Inc. | 0.41% | 81,898 | $13.7M | Reduce -0.6% |
| PG The Procter & Gamble Co. | 0.39% | 77,292 | $13.2M | Reduce -1.3% |
| JNJ Johnson & Johnson | 0.37% | 74,799 | $12.4M | Add +29.2% |
| GILD Gilead Sciences Inc. | 0.34% | 102,440 | $11.5M | Add +16.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.33% | 66,498 | $11.0M | Reduce -4.5% |
| MA Mastercard Inc. Class A | 0.32% | 19,387 | $10.6M | Add +7.7% |
| NVS Novartis AG-Sponsored ADR | 0.30% | 91,310 | $10.2M | Reduce -1.3% |
| ORCL Oracle Corp. | 0.30% | 71,881 | $10.0M | Add +0.7% |
| TSLA Tesla Inc. | 0.30% | 38,686 | $10.0M | Reduce -0.4% |
| MO Altria Group Inc. | 0.30% | 165,110 | $9.9M | Add +5.2% |
| XOM Exxon Mobil Corp. | 0.29% | 82,351 | $9.8M | Add +17.9% |
| PM Philip Morris International | 0.29% | 61,487 | $9.8M | Add +14.1% |
| UNH Unitedhealth Group Inc. | 0.29% | 18,406 | $9.6M | Add +10.7% |
| SHY iShares 1-3 Year Treasury Bo | 0.29% | 115,347 | $9.5M | Add +22.5% |
| TRV The Travelers Cos Inc. | 0.28% | 35,985 | $9.5M | Add +2.7% |
| FICO Fair Isaac Corp. | 0.27% | 4,923 | $9.1M | Reduce -6.4% |
| VEA Vanguard Ftse Developed ETF | 0.27% | 176,078 | $9.0M | Reduce -47.0% |
| MCK McKesson Corp. | 0.27% | 13,200 | $8.9M | Add +1.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.26% | 11 | $8.8M | Add +450.0% |
| UNP Union Pacific Corp. | 0.26% | 36,274 | $8.6M | Add +17.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 23,054 | $8.5M | Add +39.9% |
| HIG Hartford Insurance Group Inc. | 0.25% | 67,631 | $8.4M | Add +2.7% |
| ABBV Abbvie Inc. | 0.25% | 39,735 | $8.3M | Add +3.7% |
| HD Home Depot Inc. | 0.25% | 22,705 | $8.3M | Add +4.7% |
| EME Emcor Group Inc. | 0.24% | 21,619 | $8.0M | Reduce -2.1% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.24% | 137,797 | $7.9M | Reduce -2.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 183,019 | $7.6M | Add +1.4% |
| SAP Sap SE-Sponsored ADR | 0.23% | 28,097 | $7.5M | Add +0.3% |
| VZ Verizon Communications Inc. | 0.23% | 165,971 | $7.5M | Reduce -4.8% |
| RELX Relx PLC - Spon ADR | 0.22% | 143,962 | $7.3M | Reduce -2.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.22% | 104,309 | $7.2M | Reduce -13.7% |
| ADP Automatic Data Processing | 0.21% | 23,109 | $7.1M | Add +18.8% |
| NFLX Netflix Inc. | 0.20% | 7,351 | $6.9M | Add +22.1% |
| BTI British American Tob-SP ADR | 0.20% | 160,527 | $6.6M | Reduce -7.9% |
| MDT Medtronic PLC | 0.20% | 73,384 | $6.6M | Add +34.7% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.19% | 478,174 | $6.5M | Add +2.6% |
| ABT Abbott Laboratories | 0.19% | 48,332 | $6.4M | Add +8.8% |
| ADBE Adobe Inc. | 0.19% | 16,561 | $6.4M | Add +1.1% |
| IDCC Interdigital Inc. | 0.19% | 30,393 | $6.3M | Add +10.4% |
| CLS Celestica Inc. | 0.19% | 79,599 | $6.3M | Reduce -8.4% |
| CTAS Cintas Corp. | 0.18% | 29,147 | $6.0M | Add +4.9% |
| BABA Alibaba Group Holding-SP ADR | 0.18% | 44,605 | $5.9M | Add +4.9% |
| MFC Manulife Financial Corp. | 0.18% | 188,211 | $5.9M | Reduce -6.1% |
| KO The Coca-Cola Co. | 0.17% | 81,090 | $5.8M | Add +11.1% |
| CL Colgate-Palmolive Co. | 0.17% | 61,631 | $5.8M | Reduce -10.3% |
| SHEL Shell PLC-ADR | 0.17% | 77,726 | $5.7M | Reduce -1.8% |
| PLD Prologis Inc. | 0.17% | 50,356 | $5.6M | Add +14.0% |
| VWO Vanguard Ftse Emerging Marke | 0.17% | 123,241 | $5.6M | Add +26.6% |
| UBS UBS Group AG-Reg | 0.17% | 181,290 | $5.6M | Reduce -12.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.17% | 75,471 | $5.5M | Add +10.4% |
| T AT&T Inc. | 0.16% | 194,537 | $5.5M | Add +13.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.16% | 49,108 | $5.4M | Add +0.7% |
| IEI iShares 3-7 Year Treasury Bo | 0.16% | 45,092 | $5.3M | Add +9.7% |
| HON Honeywell International Inc. | 0.16% | 24,812 | $5.3M | Reduce -4.2% |
| MLI Mueller Industries Inc. | 0.16% | 68,407 | $5.2M | Add +0.1% |
| WFC Wells Fargo & Co. | 0.15% | 70,298 | $5.0M | Add +6.4% |
| AMT American Tower Corp. | 0.15% | 23,167 | $5.0M | Add +50.8% |
| C Citigroup Inc. | 0.15% | 70,851 | $5.0M | Add +1.1% |
| SONY Sony Group Corp. - SP ADR | 0.15% | 193,826 | $4.9M | Add +14.6% |
| RTX RTX Corp. | 0.15% | 37,137 | $4.9M | Add +32.1% |
| PHM Pultegroup Inc. | 0.15% | 47,263 | $4.9M | Reduce -36.0% |
| ACIW Aci Worldwide Inc. | 0.14% | 88,611 | $4.8M | Add +64.7% |
| EQNR Equinor ASA-Spon ADR | 0.14% | 181,935 | $4.8M | Add +15.3% |
| BKNG Booking Holdings Inc. | 0.14% | 1,044 | $4.8M | Reduce -2.3% |
| CVX Chevron Corp. | 0.14% | 28,427 | $4.8M | Add +32.8% |
| CSCO Cisco Systems Inc. | 0.14% | 77,052 | $4.8M | Add +31.4% |
| WM Waste Management Inc. | 0.14% | 20,457 | $4.7M | Add +9.1% |
Options reported separately and not counted above: NVDA calls ($246K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,060 | $1.3M | New |
Total filed on the 13F, all lines: $3.3B.
Portfolio Sells Q4 2024 → Q1 2025
| QQQ Invesco QQQ Trust Series 1 | Reduce -85.8% | 0.84% | −5.49 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -79.7% | 0.64% | −2.59 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -34.0% | 1.82% | −0.70 |
| IVV iShares Core S&P 500 ETF | Reduce -0.4% | 5.97% | −0.20 |
| VEA Vanguard Ftse Developed ETF | Reduce -47.0% | 0.27% | −0.20 |
| TSLA Tesla Inc. | Reduce -0.4% | 0.30% | −0.16 |
| AVGO Broadcom Inc. | Reduce -0.6% | 0.41% | −0.15 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -77.0% | 0.04% | −0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -1.5% | 0.60% | −0.13 |
| PHM Pultegroup Inc. | Reduce -36.0% | 0.15% | −0.09 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -13.7% | 0.22% | −0.09 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -4.5% | 0.33% | −0.07 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.06 |
| EME Emcor Group Inc. | Reduce -2.1% | 0.24% | −0.06 |
| APP AppLovin Corp. Class A | Reduce -11.6% | 0.14% | −0.05 |
| MAS Masco Corp. | Reduce -55.6% | 0.04% | −0.05 |
| CLS Celestica Inc. | Reduce -8.4% | 0.19% | −0.05 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -49.5% | 0.05% | −0.05 |
| AAT American Assets Trust Inc. | Reduce -44.7% | 0.03% | −0.04 |
| LBRT Liberty Energy Inc. | Reduce -54.5% | 0.02% | −0.04 |
| FICO Fair Isaac Corp. | Reduce -6.4% | 0.27% | −0.04 |
| CNQ Canadian Natural Resources | Reduce -37.4% | 0.05% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -14.5% | 0.11% | −0.03 |
| DELL Dell Technologies -C | Reduce -14.3% | 0.06% | −0.03 |
| HPQ HP Inc. | Reduce -20.2% | 0.06% | −0.03 |
| RY Royal Bank of Canada | Reduce -16.3% | 0.11% | −0.03 |
| SHOP Shopify Inc. Class A | Reduce -22.6% | 0.07% | −0.03 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -15.3% | 0.12% | −0.03 |
| BLDR Builders Firstsource Inc. | Reduce -8.5% | 0.11% | −0.03 |
| WTTR Select Water Solutions Inc. | Reduce -35.7% | 0.03% | −0.03 |
| FOR Forestar Group Inc. | Sold out | 0.00% | −0.02 |
| WDS Woodside Energy Group-ADR | Sold out | 0.00% | −0.02 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -21.6% | 0.11% | −0.02 |
| GIII G-III Apparel Group Ltd. | Sold out | 0.00% | −0.02 |
| HST Host Hotels & Resorts Inc. | Reduce -30.3% | 0.03% | −0.02 |
| GWW WW Grainger Inc. | Reduce -54.3% | 0.02% | −0.02 |
| NHC National Healthcare Corp. | Reduce -70.5% | 0.01% | −0.02 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -22.7% | 0.11% | −0.02 |
| PNC PNC Financial Services Group | Reduce -9.1% | 0.12% | −0.02 |
| VTRS Viatris Inc. | Reduce -28.7% | 0.02% | −0.02 |
| RDY Dr. Reddy's Laboratories-ADR | Reduce -46.3% | 0.02% | −0.02 |
| BBY Best Buy Co. Inc. | Reduce -43.1% | 0.02% | −0.02 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -10.1% | 0.10% | −0.02 |
| MOD Modine Manufacturing Co. | Reduce -2.8% | 0.04% | −0.02 |
| ASX Ase Technology Holding -ADR | Reduce -28.7% | 0.03% | −0.02 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −0.02 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -10.9% | 0.12% | −0.02 |
| AFCG Advanced Flower Capital Inc. | Reduce -65.0% | 0.01% | −0.02 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.02 |
| UBS UBS Group AG-Reg | Reduce -12.3% | 0.17% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| VTI VG Morningstar TS MKT ETF-US | Add +27.5% | 8.74% | +1.64 |
| STIP iShares 0-5 Year Tips Bond E | Add +13.1% | 5.50% | +0.85 |
| BND Vanguard Total Bond Market | Add +22.8% | 3.10% | +0.67 |
| FBND Fidelity Total Bond ETF | Add +18.5% | 3.00% | +0.55 |
| IMTM iShares MSCI Intl Momentum F | Add +32.1% | 1.43% | +0.43 |
| AGG iShares Core U.S. Aggregate | Add +9.3% | 2.97% | +0.35 |
| DISV Dimensional International SM | Add +15.9% | 1.43% | +0.32 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +29.6% | 1.28% | +0.32 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +450.0% | 0.26% | +0.22 |
| DFSV Dimensional US Small Cap Val | Add +16.3% | 2.06% | +0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.8% | 0.68% | +0.14 |
| SPYV SS SPDR P S&P 500 Value ETF | New | 0.14% | +0.14 |
| JNJ Johnson & Johnson | Add +29.2% | 0.37% | +0.12 |
| GILD Gilead Sciences Inc. | Add +16.1% | 0.34% | +0.10 |
| PM Philip Morris International | Add +14.1% | 0.29% | +0.10 |
| V Visa Inc. Class A | Add +5.1% | 0.64% | +0.10 |
| SPMB SS SPDR P Mort Back Bond ETF | New | 0.09% | +0.09 |
| SUB iShares Short-Term National | Add +10.6% | 0.79% | +0.09 |
| IGIB iShares 5-10Y Inv Grade Corp. | New | 0.08% | +0.08 |
| SCHF Schwab Intl Equity ETF | Add +327.4% | 0.11% | +0.08 |
| XT Ishar Fture Exp Tech ETF-Usd | New | 0.08% | +0.08 |
| XOM Exxon Mobil Corp. | Add +17.9% | 0.29% | +0.07 |
| BABA Alibaba Group Holding-SP ADR | Add +4.9% | 0.18% | +0.07 |
| MDT Medtronic PLC | Add +34.7% | 0.20% | +0.07 |
| AMT American Tower Corp. | Add +50.8% | 0.15% | +0.07 |
| IEF iShares 7-10 Year Treasury B | Add +13.5% | 0.41% | +0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +4.5% | 0.87% | +0.07 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +189.1% | 0.10% | +0.06 |
| BLK BlackRock Inc. | New | 0.06% | +0.06 |
| ACIW Aci Worldwide Inc. | Add +64.7% | 0.14% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +108.6% | 0.13% | +0.06 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +2.6% | 0.19% | +0.06 |
| CCI Crown Castle Inc. | New | 0.06% | +0.06 |
| CTVA Corteva Inc. | New | 0.06% | +0.06 |
| SBAC SBA Communications Corp. | New | 0.06% | +0.06 |
| SHY iShares 1-3 Year Treasury Bo | Add +22.5% | 0.29% | +0.06 |
| HEI.A Heico Corp. Class A | New | 0.06% | +0.06 |
| JAZZ Jazz Pharmaceuticals PLC | New | 0.06% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +39.9% | 0.26% | +0.06 |
| MO Altria Group Inc. | Add +5.2% | 0.30% | +0.06 |
| LRCX Lam Research Corp. | New | 0.06% | +0.06 |
| RTX RTX Corp. | Add +32.1% | 0.15% | +0.05 |
| CVX Chevron Corp. | Add +32.8% | 0.14% | +0.05 |
| RMD Resmed Inc. | Add +299.8% | 0.07% | +0.05 |
| T AT&T Inc. | Add +13.7% | 0.16% | +0.05 |
| IWD iShares Russell 1000 Value E | Add +139.0% | 0.08% | +0.05 |
| ABBV Abbvie Inc. | Add +3.7% | 0.25% | +0.05 |
| UNP Union Pacific Corp. | Add +17.1% | 0.26% | +0.05 |
| SPTI SS SPDR P Int Term TSY ETF | New | 0.05% | +0.05 |
| MCK McKesson Corp. | Add +1.3% | 0.27% | +0.05 |
Options Activity Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | call | Reduce -59.5% | 3,400 | $246K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | New | 1,060 | $1.3M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 1,289 | $6.7B | VTI, IVV, STIP, QQQ, AAPL |
| Q1 2026 | 1,189 | $5.8B | VTI, IVV, STIP, FBND, QQQ |
| Q4 2025 | 1,117 | $5.5B | VTI, IVV, QQQ, STIP, FBND |
| Q3 2025 | 1,038 | $5.1B | VTI, IVV, QQQ, STIP, FBND |
| Q2 2025 | 984 | $4.5B | VTI, IVV, QQQ, STIP, FBND |
| Q1 2025 | 919 | $3.3B | VTI, IVV, STIP, AAPL, BND |
| Q4 2024 | 852 | $3.4B | VTI, QQQ, IVV, STIP, AAPL |
| Q3 2024 | 867 | $3.3B | VTI, QQQ, IVV, STIP, AAPL |
| Q2 2024 | 821 | $3.0B | VTI, QQQ, IVV, STIP, AAPL |
| Q1 2024 | 787 | $2.9B | VTI, QQQ, IVV, STIP, SPY |