Ritholtz Wealth Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 28, 2025), Ritholtz Wealth Management reported 984 stock positions worth $4.5 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 8.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 7.3%) and Invesco QQQ Trust Series 1 (QQQ, 4.7%). Compared with Q1 2025, it opened 128 new positions, sold out of 63, added to 506 and reduced 327. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +542%) and the biggest sale iShares 1-5Y Inv Grade (IGSB, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001698218
- Portfolio Value
- $4.5B (Q2 2025)
- SEC Filing
- 0001085146-25-004188 ↗ filed Jul 28, 2025
Holdings Value
Holdings 984 stocks · $4.5B
| VTI VG Morningstar TS MKT ETF-US | 8.79% | 1,310,049 | $398.2M | Add +23.1% |
| IVV iShares Core S&P 500 ETF | 7.32% | 533,959 | $331.5M | Add +50.3% |
| QQQ Invesco QQQ Trust Series 1 | 4.66% | 382,836 | $211.2M | Add +542.3% |
| STIP iShares 0-5 Year Tips Bond E | 4.60% | 2,024,720 | $208.4M | Add +13.9% |
| FBND Fidelity Total Bond ETF | 3.65% | 3,610,928 | $165.2M | Add +64.3% |
| BND Vanguard Total Bond Market | 2.70% | 1,657,402 | $122.0M | Add +17.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.55% | 186,553 | $115.3M | Add +390.3% |
| AAPL Apple Inc. | 2.42% | 535,107 | $109.8M | Add +2.7% |
| AGG iShares Core U.S. Aggregate | 2.35% | 1,072,288 | $106.4M | Add +6.9% |
| VFMO Vanguard US Momentum Factor | 2.28% | 597,746 | $103.1M | Add +24.6% |
| IEFA iShares Core MSCI Eafe ETF | 2.27% | 1,229,219 | $102.6M | Add +53.0% |
| NVDA Nvidia Corp. | 2.10% | 602,953 | $95.3M | Add +14.7% |
| DFSV Dimensional US Small Cap Val | 2.09% | 3,210,827 | $94.5M | Add +30.9% |
| MSFT Microsoft Corp. | 1.85% | 168,691 | $83.9M | Add +9.0% |
| IMTM iShares MSCI Intl Momentum F | 1.48% | 1,469,111 | $67.1M | Add +22.5% |
| DISV Dimensional International SM | 1.48% | 2,031,995 | $66.9M | Add +23.4% |
| IEMG iShares Core MSCI Emerging | 1.12% | 843,396 | $50.6M | Add +68.4% |
| AMZN Amazon.com Inc. | 1.10% | 226,899 | $49.8M | Add +8.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.90% | 774,660 | $40.9M | Reduce -5.5% |
| DFEV Dimensional Emrg MRKT Val | 0.83% | 1,247,799 | $37.4M | Add +23.7% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.70% | 290,638 | $31.9M | Add +9.1% |
| SUB iShares Short-Term National | 0.60% | 254,317 | $27.0M | Add +2.1% |
| META Meta Platforms Inc. Class A | 0.57% | 35,165 | $26.0M | Add +8.7% |
| JPM JPMorgan Chase & Co. | 0.56% | 87,187 | $25.3M | Add +10.5% |
| GOOGL Alphabet Inc. Class A | 0.54% | 138,560 | $24.4M | Add +6.7% |
| AVGO Broadcom Inc. | 0.52% | 85,759 | $23.6M | Add +4.7% |
| V Visa Inc. Class A | 0.51% | 65,286 | $23.2M | Add +6.5% |
| ORI Old Republic Intl Corp. | 0.49% | 578,220 | $22.2M | Reduce -1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.48% | 44,743 | $21.7M | Add +4.3% |
| WMT Walmart Inc. | 0.47% | 219,958 | $21.5M | Add +8.8% |
| COST Costco Wholesale Corp. | 0.47% | 21,531 | $21.3M | Add +6.5% |
| GOOG Alphabet Inc. Class C | 0.46% | 118,070 | $20.9M | Add +6.1% |
| LLY Eli Lilly & Co. | 0.38% | 22,139 | $17.3M | Add +5.0% |
| ORCL Oracle Corp. | 0.36% | 74,675 | $16.3M | Add +3.9% |
| TSLA Tesla Inc. | 0.35% | 50,243 | $16.0M | Add +29.9% |
| IJR iShares Core S&P Small-Cap E | 0.34% | 141,729 | $15.5M | Add +242.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 67,501 | $15.3M | Add +1.5% |
| PM Philip Morris International | 0.33% | 80,993 | $14.8M | Add +31.7% |
| VEA Vanguard Ftse Developed ETF | 0.31% | 249,688 | $14.2M | Add +41.8% |
| IEF iShares 7-10 Year Treasury B | 0.31% | 148,110 | $14.2M | Add +2.4% |
| GILD Gilead Sciences Inc. | 0.28% | 115,166 | $12.8M | Add +12.4% |
| PG The Procter & Gamble Co. | 0.28% | 79,842 | $12.7M | Add +3.3% |
| NVS Novartis AG-Sponsored ADR | 0.27% | 100,665 | $12.2M | Add +10.3% |
| NFLX Netflix Inc. | 0.26% | 8,754 | $11.7M | Add +19.1% |
| JNJ Johnson & Johnson | 0.25% | 72,833 | $11.1M | Reduce -2.6% |
| MA Mastercard Inc. Class A | 0.25% | 19,779 | $11.1M | Add +2.0% |
| EME Emcor Group Inc. | 0.24% | 20,350 | $10.9M | Reduce -5.9% |
| MO Altria Group Inc. | 0.23% | 179,377 | $10.5M | Add +8.6% |
| TRV The Travelers Cos Inc. | 0.22% | 37,591 | $10.1M | Add +4.5% |
| MCK McKesson Corp. | 0.22% | 13,473 | $9.9M | Add +2.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.21% | 22,186 | $9.7M | Reduce -3.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.21% | 198,553 | $9.4M | Add +8.5% |
| HD Home Depot Inc. | 0.20% | 24,753 | $9.1M | Add +9.0% |
| IEI iShares 3-7 Year Treasury Bo | 0.20% | 75,945 | $9.0M | Add +68.4% |
| ABT Abbott Laboratories | 0.20% | 65,878 | $9.0M | Add +36.3% |
| HIG Hartford Insurance Group Inc. | 0.20% | 70,428 | $8.9M | Add +4.1% |
| VZ Verizon Communications Inc. | 0.20% | 205,416 | $8.9M | Add +23.8% |
| XOM Exxon Mobil Corp. | 0.20% | 82,323 | $8.9M | Reduce -0.0% |
| SAP Sap SE-Sponsored ADR | 0.19% | 28,008 | $8.5M | Reduce -0.3% |
| IWD iShares Russell 1000 Value E | 0.19% | 43,772 | $8.5M | Add +195.2% |
| CLS Celestica Inc. | 0.19% | 54,245 | $8.5M | Reduce -31.9% |
| SHY iShares 1-3 Year Treasury Bo | 0.18% | 98,348 | $8.1M | Reduce -14.7% |
| FICO Fair Isaac Corp. | 0.18% | 4,442 | $8.1M | Reduce -9.8% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.18% | 132,819 | $8.1M | Reduce -3.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.18% | 11 | $8.0M | No change |
| RELX Relx PLC - Spon ADR | 0.18% | 146,887 | $8.0M | Add +2.0% |
| BTI British American Tob-SP ADR | 0.17% | 163,986 | $7.8M | Add +2.1% |
| BBVA Banco Bilbao Vizcaya-SP ADR | 0.17% | 503,403 | $7.7M | Add +5.3% |
| ABBV Abbvie Inc. | 0.17% | 41,612 | $7.7M | Add +4.7% |
| C Citigroup Inc. | 0.17% | 90,470 | $7.7M | Add +27.7% |
| ADP Automatic Data Processing | 0.17% | 24,745 | $7.6M | Add +7.1% |
| T AT&T Inc. | 0.17% | 262,073 | $7.6M | Add +34.7% |
| EQNR Equinor ASA-Spon ADR | 0.16% | 292,069 | $7.3M | Add +60.5% |
| IDCC Interdigital Inc. | 0.15% | 31,161 | $7.0M | Add +2.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.15% | 101,017 | $7.0M | Reduce -3.2% |
| BKNG Booking Holdings Inc. | 0.15% | 1,191 | $6.9M | Add +14.1% |
| CTAS Cintas Corp. | 0.15% | 30,152 | $6.7M | Add +3.5% |
| GS Goldman Sachs Group Inc. | 0.15% | 9,483 | $6.7M | Add +16.3% |
| ADBE Adobe Inc. | 0.15% | 17,123 | $6.6M | Add +3.4% |
| PHM Pultegroup Inc. | 0.14% | 61,294 | $6.5M | Add +29.7% |
| KO The Coca-Cola Co. | 0.14% | 90,590 | $6.4M | Add +11.7% |
| WFC Wells Fargo & Co. | 0.14% | 78,720 | $6.3M | Add +12.0% |
| RTX RTX Corp. | 0.14% | 42,758 | $6.2M | Add +15.1% |
| UNP Union Pacific Corp. | 0.14% | 26,707 | $6.1M | Reduce -26.4% |
| MFC Manulife Financial Corp. | 0.13% | 186,249 | $6.0M | Reduce -1.0% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 23,101 | $5.9M | Add +3.1% |
| CL Colgate-Palmolive Co. | 0.13% | 65,175 | $5.9M | Add +5.8% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 0.13% | 147,988 | $5.9M | Add +1254.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.13% | 83,686 | $5.8M | Add +10.9% |
| VOD Vodafone Group PLC-SP ADR | 0.13% | 548,364 | $5.8M | Add +50.5% |
| SCZ iShares MSCI Eafe Small-Cap | 0.13% | 79,372 | $5.8M | Add +1344.2% |
| MDT Medtronic PLC | 0.13% | 66,116 | $5.8M | Reduce -9.9% |
| VWO Vanguard Ftse Emerging Marke | 0.13% | 115,731 | $5.7M | Reduce -6.1% |
| HON Honeywell International Inc. | 0.12% | 24,136 | $5.6M | Reduce -2.7% |
| AMT American Tower Corp. | 0.12% | 25,322 | $5.6M | Add +9.3% |
| DB Deutsche Bank AG-Registered | 0.12% | 190,681 | $5.6M | Add +10.3% |
| VOO Vanguard S&P 500 ETF | 0.12% | 9,800 | $5.6M | Add +28.5% |
| SONY Sony Group Corp. - SP ADR | 0.12% | 211,638 | $5.5M | Add +9.2% |
| CSCO Cisco Systems Inc. | 0.12% | 79,320 | $5.5M | Add +2.9% |
| SHEL Shell PLC-ADR | 0.12% | 76,641 | $5.4M | Reduce -1.4% |
Options reported separately and not counted above: NVDA calls ($311K).
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 | 1,088 | $1.3M | Add +2.6% |
Total filed on the 13F, all lines: $4.5B.
Portfolio Sells Q1 2025 → Q2 2025
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -5.5% | 0.90% | −0.38 |
| ORI Old Republic Intl Corp. | Reduce -1.3% | 0.49% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -23.9% | 0.10% | −0.19 |
| JNJ Johnson & Johnson | Reduce -2.6% | 0.25% | −0.13 |
| UNP Union Pacific Corp. | Reduce -26.4% | 0.14% | −0.12 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -14.7% | 0.18% | −0.11 |
| XOM Exxon Mobil Corp. | Reduce -0.0% | 0.20% | −0.10 |
| SPMB SS SPDR P Mort Back Bond ETF | Sold out | 0.00% | −0.09 |
| FICO Fair Isaac Corp. | Reduce -9.8% | 0.18% | −0.09 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -55.3% | 0.05% | −0.09 |
| RIO Rio Tinto PLC-Spon ADR | Reduce -74.3% | 0.02% | −0.09 |
| IGIB iShares 5-10Y Inv Grade Corp. | Sold out | 0.00% | −0.08 |
| SCHF Schwab Intl Equity ETF | Reduce -69.3% | 0.03% | −0.08 |
| ACIW Aci Worldwide Inc. | Reduce -19.1% | 0.07% | −0.07 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -23.1% | 0.09% | −0.07 |
| MDT Medtronic PLC | Reduce -9.9% | 0.13% | −0.07 |
| ITW Illinois Tool Works | Reduce -56.7% | 0.03% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -35.1% | 0.05% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.2% | 0.15% | −0.06 |
| JD Jd.com Inc.-ADR | Reduce -13.3% | 0.06% | −0.06 |
| PLD Prologis Inc. | Reduce -6.1% | 0.11% | −0.06 |
| HSBC HSBC Holdings PLC-Spons ADR | Reduce -3.6% | 0.18% | −0.06 |
| UBS UBS Group AG-Reg | Reduce -20.4% | 0.11% | −0.06 |
| RMD Resmed Inc. | Reduce -74.4% | 0.01% | −0.05 |
| SHEL Shell PLC-ADR | Reduce -1.4% | 0.12% | −0.05 |
| APP AppLovin Corp. Class A | Reduce -33.4% | 0.09% | −0.05 |
| BLDR Builders Firstsource Inc. | Reduce -16.7% | 0.07% | −0.05 |
| LYG Lloyds Banking Group PLC-ADR | Reduce -21.4% | 0.09% | −0.05 |
| XT Ishar Fture Exp Tech ETF-Usd | Reduce -53.6% | 0.03% | −0.05 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -27.7% | 0.08% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -38.0% | 0.02% | −0.04 |
| MFC Manulife Financial Corp. | Reduce -1.0% | 0.13% | −0.04 |
| SPTI SS SPDR P Int Term TSY ETF | Reduce -82.2% | 0.01% | −0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -3.8% | 0.21% | −0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.1% | 0.13% | −0.04 |
| TTE Totalenergies SE -Spon ADR | Reduce -3.9% | 0.08% | −0.04 |
| ESS Essex Property Trust Inc. | Reduce -65.9% | 0.01% | −0.04 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Sold out | 0.00% | −0.04 |
| SAP Sap SE-Sponsored ADR | Reduce -0.3% | 0.19% | −0.04 |
| MLI Mueller Industries Inc. | Reduce -1.3% | 0.12% | −0.04 |
| COKE Coca-Cola Consolidated Inc. | Reduce -4.8% | 0.05% | −0.04 |
| TM Toyota Motor Corp. -Spon ADR | Reduce -13.6% | 0.06% | −0.04 |
| WSM Williams-Sonoma Inc. | Reduce -38.9% | 0.03% | −0.04 |
| ODFL Old Dominion Freight Line | Reduce -22.2% | 0.05% | −0.04 |
| CRH CRH PLC | Reduce -8.9% | 0.08% | −0.04 |
| HPQ HP Inc. | Reduce -25.1% | 0.03% | −0.03 |
| HON Honeywell International Inc. | Reduce -2.7% | 0.12% | −0.03 |
| KR Kroger Co. | Reduce -12.3% | 0.07% | −0.03 |
| RPM RPM International Inc. | Sold out | 0.00% | −0.03 |
| PEP Pepsico Inc. | Reduce -8.5% | 0.05% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | Add +542.3% | 4.66% | +3.83 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +390.3% | 2.55% | +1.91 |
| IVV iShares Core S&P 500 ETF | Add +50.3% | 7.32% | +1.36 |
| FBND Fidelity Total Bond ETF | Add +64.3% | 3.65% | +0.65 |
| IEFA iShares Core MSCI Eafe ETF | Add +53.0% | 2.27% | +0.45 |
| NVDA Nvidia Corp. | Add +14.7% | 2.10% | +0.40 |
| IEMG iShares Core MSCI Emerging | Add +68.4% | 1.12% | +0.31 |
| IJR iShares Core S&P Small-Cap E | Add +242.9% | 0.34% | +0.21 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +1254.1% | 0.13% | +0.12 |
| MSFT Microsoft Corp. | Add +9.0% | 1.85% | +0.12 |
| SCZ iShares MSCI Eafe Small-Cap | Add +1344.2% | 0.13% | +0.12 |
| AVGO Broadcom Inc. | Add +4.7% | 0.52% | +0.11 |
| IWD iShares Russell 1000 Value E | Add +195.2% | 0.19% | +0.10 |
| VFMO Vanguard US Momentum Factor | Add +24.6% | 2.28% | +0.10 |
| CIVB Civista Bancshares Inc. | Add +377.8% | 0.11% | +0.09 |
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 0.06% | +0.06 |
| IVE iShares S&P 500 Value ETF | Add +464.0% | 0.08% | +0.06 |
| GWW WW Grainger Inc. | Add +487.0% | 0.08% | +0.06 |
| SCHB Schwab US Broad Market ETF | Add +189.2% | 0.11% | +0.06 |
| ORCL Oracle Corp. | Add +3.9% | 0.36% | +0.06 |
| PREMIER INC-CLASS A | Add +255.8% | 0.08% | +0.05 |
| TPR Tapestry Inc. | Add +187.9% | 0.09% | +0.05 |
| NFLX Netflix Inc. | Add +19.1% | 0.26% | +0.05 |
| SHYG iShares 0-5 YR HY Corp. Bond | Add +196.7% | 0.10% | +0.05 |
| TSLA Tesla Inc. | Add +29.9% | 0.35% | +0.05 |
| IMTM iShares MSCI Intl Momentum F | Add +22.5% | 1.48% | +0.05 |
| VTI VG Morningstar TS MKT ETF-US | Add +23.1% | 8.79% | +0.05 |
| VEA Vanguard Ftse Developed ETF | Add +41.8% | 0.31% | +0.05 |
| NTRS Northern Trust Corp. | Add +131.2% | 0.08% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +56.0% | 0.10% | +0.05 |
| EXEL Exelixis Inc. | Add +237.2% | 0.07% | +0.04 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +510.6% | 0.05% | +0.04 |
| DISV Dimensional International SM | Add +23.4% | 1.48% | +0.04 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +116.4% | 0.10% | +0.04 |
| IEI iShares 3-7 Year Treasury Bo | Add +68.4% | 0.20% | +0.04 |
| GNL Global Net Lease Inc. | New | 0.04% | +0.04 |
| ITOT iShares Core S&P Total U.S. | Add +83.8% | 0.11% | +0.04 |
| NXST Nexstar Media Group Inc. | New | 0.04% | +0.04 |
| JBL Jabil Inc. | Add +30.0% | 0.10% | +0.03 |
| PM Philip Morris International | Add +31.7% | 0.33% | +0.03 |
| SCHV Schwab US Large-Cap Value | Add +703.1% | 0.04% | +0.03 |
| ALKS Alkermes PLC | Add +551.7% | 0.04% | +0.03 |
| VRSN Verisign Inc. | New | 0.03% | +0.03 |
| EFXT Enerflex Ltd. | New | 0.03% | +0.03 |
| DBX Dropbox Inc. Class A | Add +267.1% | 0.05% | +0.03 |
| EFV iShares MSCI Eafe Value ETF | Add +511.0% | 0.04% | +0.03 |
| BUD Anheuser-Busch Inbev-SPN ADR | Add +578.6% | 0.04% | +0.03 |
| CCK Crown Holdings Inc. | New | 0.03% | +0.03 |
| PSIX Power Solutions Internationa | Add +2.5% | 0.06% | +0.03 |
| LDOS Leidos Holdings Inc. | Add +93.6% | 0.07% | +0.03 |
Notes & Other Activity Q1 2025 → Q2 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +2.6% | 1,088 | $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 |