Running Point Capital Advisors, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 11, 2025), Running Point Capital Advisors, LLC reported 162 stock positions worth $291.9 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 16.7% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 7.2%) and iShares Core MSCI Emerging (IEMG, 5.0%). Compared with Q3 2024, it opened 16 new positions, sold out of 5, added to 56 and reduced 34. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +106%) and the biggest sale iShares MSCI USA Min Vol Fac (USMV, shares −18%).
- Most Recent 13F
- Q4 2025
- Location
- EL SEGUNDO, CA
- CIK
- 0001840629
- Portfolio Value
- $291.9M (Q4 2024)
- SEC Filing
- 0001398344-25-002420 ↗ filed Feb 11, 2025
Holdings Value
Holdings 162 stocks · $291.9M
| BIL SS SPDR BB 1-3M T-Bill ETF | 16.70% | 533,322 | $48.8M | Add +106.0% |
| QQQ Invesco QQQ Trust Series 1 | 7.23% | 41,281 | $21.1M | Reduce -5.0% |
| IEMG iShares Core MSCI Emerging | 5.04% | 281,624 | $14.7M | Add +4.2% |
| QQQM Invesco Nasdaq 100 ETF | 5.00% | 69,374 | $14.6M | Reduce -3.4% |
| VOO Vanguard S&P 500 ETF | 4.43% | 24,012 | $12.9M | Add +9.4% |
| QUAL iShares MSCI USA Quality Fac | 3.71% | 60,820 | $10.8M | Reduce -8.2% |
| FDLO Fidelity Low Volat Fact ETF | 3.33% | 160,400 | $9.7M | Add +8.5% |
| IDEV iShares Core MSCI Dev MKTS | 2.71% | 122,801 | $7.9M | Add +20.3% |
| IWV iShares Russell 3000 ETF | 2.63% | 23,003 | $7.7M | No change |
| EUSA iShares MSCI USA Equal Weigh | 2.52% | 77,047 | $7.3M | Reduce -9.5% |
| USMV iShares MSCI USA Min Vol Fac | 2.50% | 82,112 | $7.3M | Reduce -17.5% |
| ARES Ares Management Corp. Class A | 2.21% | 36,409 | $6.4M | No change |
| BILS SS Spdrb B 3-12M T-Bill ETF | 2.08% | 61,368 | $6.1M | Reduce -7.6% |
| JQUA JPMorgan US Quality Factor | 2.07% | 105,598 | $6.0M | Add +11.9% |
| EMBD Global X Emerging Markets BD | 1.94% | 251,460 | $5.7M | Add +16.0% |
| IYR iShares US Real Estate ETF | 1.83% | 57,439 | $5.3M | Add +2.8% |
| AVUV Avantis US Small Cap Value | 1.79% | 54,020 | $5.2M | Add +19.6% |
| DFAC Dimensional US Core Equity 2 | 1.78% | 150,040 | $5.2M | Reduce -0.7% |
| JPIB JPMorgan Intl BND ETF | 1.78% | 109,808 | $5.2M | Add +19.5% |
| VNQ Vanguard Real Estate ETF | 1.40% | 45,741 | $4.1M | Reduce -0.3% |
| MSFT Microsoft Corp. | 1.19% | 8,266 | $3.5M | Add +5.5% |
| AAPL Apple Inc. | 1.19% | 13,871 | $3.5M | Reduce -11.3% |
| OMFL Invesco Russell 1000 DYN M/F | 1.11% | 59,628 | $3.2M | Reduce -17.3% |
| JPST JPMorgan Ultra-Short Income | 0.97% | 56,309 | $2.8M | Add +18.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.88% | 8,844 | $2.6M | Add +1468.1% |
| IFGL iShares International Develo | 0.83% | 126,203 | $2.4M | Reduce -1.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.82% | 46,344 | $2.4M | Add +21.1% |
| VWO Vanguard Ftse Emerging Marke | 0.82% | 54,030 | $2.4M | Add +4.9% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.77% | 87,704 | $2.2M | Add +2.4% |
| IAUM iShares Gold Trust Micro | 0.75% | 83,716 | $2.2M | Reduce -2.5% |
| EEM iShares MSCI Emerging Market | 0.75% | 52,370 | $2.2M | No change |
| AGG iShares Core U.S. Aggregate | 0.74% | 22,151 | $2.1M | Add +22.5% |
| VEA Vanguard Ftse Developed ETF | 0.63% | 38,599 | $1.8M | Add +0.5% |
| FCAL First Trust California Munic | 0.62% | 36,608 | $1.8M | Add +16.8% |
| MUB iShares National Muni Bond E | 0.56% | 15,257 | $1.6M | Reduce -9.2% |
| BNDX Vanguard Total Intl Bond ETF | 0.54% | 32,418 | $1.6M | Reduce -17.3% |
| CMF iShares California Muni Bond | 0.53% | 26,790 | $1.5M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 0.49% | 1,858 | $1.4M | Add +1.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.48% | 12,982 | $1.4M | Add +12.7% |
| VGLT Vanguard Long-Term Treasury | 0.46% | 24,463 | $1.4M | Add +0.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.46% | 21,412 | $1.4M | Reduce -13.6% |
| ITM Vaneck Intermediate Muni ETF | 0.45% | 28,243 | $1.3M | Add +37.0% |
| VGT Vanguard Info Tech ETF | 0.44% | 2,083 | $1.3M | Add +130.9% |
| SUB iShares Short-Term National | 0.44% | 12,047 | $1.3M | Add +10.6% |
| PULS Pgim Ultra Short Bond ETF | 0.35% | 20,725 | $1.0M | New |
| AMZN Amazon.com Inc. | 0.30% | 3,932 | $863K | Add +27.0% |
| SPHQ Invesco S&P 500 Quality ETF | 0.29% | 12,736 | $854K | No change |
| DFUV Dimensional US Marketwide Va | 0.27% | 19,206 | $786K | No change |
| GSEW Goldman Sachs Eql WGHT Large | 0.27% | 10,123 | $782K | Reduce -10.4% |
| DFIV Dimensional International Va | 0.26% | 21,092 | $748K | No change |
| NMZ Nuveen Muni Hi Inc. Opport | 0.26% | 68,998 | $746K | Add +19.5% |
| PZA Invesco National Amt-Free Mu | 0.25% | 31,315 | $739K | No change |
| VNQI Vanguard GLBL Ex-US Real Est | 0.25% | 18,663 | $738K | Add +11.8% |
| GLD SPDR Gold Shares | 0.23% | 2,776 | $672K | Add +17.5% |
| AVGO Broadcom Inc. | 0.22% | 2,803 | $650K | New |
| FBTC Fidelity Wise Origin Bitcoin | 0.21% | 7,634 | $623K | Add +48.7% |
| EMB iShares JP Morgan Usd Emergi | 0.21% | 6,977 | $621K | Add +1.6% |
| SPSB SS SPDR P St C Corp. ETF | 0.21% | 20,698 | $618K | Add +0.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 1,344 | $609K | Add +23.9% |
| ABBV Abbvie Inc. | 0.21% | 3,390 | $602K | No change |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.21% | 11,940 | $599K | Reduce -25.1% |
| IJH iShares Core S&P Midcap ETF | 0.20% | 9,185 | $572K | No change |
| PAAA Pgim Aaa Clo ETF | 0.19% | 10,608 | $543K | New |
| HD Home Depot Inc. | 0.19% | 1,396 | $543K | Add +3.0% |
| V Visa Inc. Class A | 0.19% | 1,715 | $542K | Add +18.5% |
| IJR iShares Core S&P Small-Cap E | 0.19% | 4,695 | $541K | Add +64.7% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.18% | 15,622 | $533K | No change |
| VCIT Vanguard Int-Term Corporate | 0.18% | 6,416 | $515K | No change |
| XOM Exxon Mobil Corp. | 0.17% | 4,597 | $495K | Reduce -29.6% |
| QLTA iShares Aaa - A Rated Corpor | 0.17% | 10,554 | $494K | Add +89.0% |
| META Meta Platforms Inc. Class A | 0.17% | 829 | $485K | Add +11.9% |
| SPMC Sound Point Meridian Capital | 0.16% | 22,194 | $464K | New |
| FLTR Vaneck Ig Floating Rate ETF | 0.15% | 17,121 | $436K | Add +2.2% |
| JAAA Janus Henderson Aaa Clo ETF | 0.14% | 8,345 | $423K | Add +81.2% |
| NVDA Nvidia Corp. | 0.14% | 3,147 | $423K | Add +24.5% |
| WMT Walmart Inc. | 0.14% | 4,607 | $416K | Add +45.6% |
| C Citigroup Inc. | 0.14% | 5,617 | $395K | No change |
| DFAT Dimensional US Target Value | 0.14% | 7,089 | $395K | Reduce -0.0% |
| ABT Abbott Laboratories | 0.12% | 3,200 | $362K | Reduce -0.7% |
| VXUS Vanguard Total Intl Stock | 0.12% | 6,048 | $356K | Reduce -12.6% |
| PG The Procter & Gamble Co. | 0.12% | 2,055 | $345K | Add +8.2% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.12% | 2,120 | $343K | Add +6966.7% |
| TLT iShares 20+ Year Treasury BD | 0.11% | 3,831 | $335K | Reduce -6.8% |
| SLF Sun Life Financial Inc. | 0.11% | 5,573 | $331K | No change |
| NFLX Netflix Inc. | 0.11% | 356 | $317K | New |
| BSV Vanguard Short-Term Bond ETF | 0.10% | 3,873 | $299K | No change |
| IWM iShares Russell 2000 ETF | 0.10% | 1,353 | $299K | Add +0.1% |
| AMAT Applied Materials Inc. | 0.10% | 1,792 | $291K | No change |
| DEED First Trust Securitized Plus | 0.10% | 14,073 | $291K | Add +0.8% |
| COST Costco Wholesale Corp. | 0.09% | 293 | $269K | New |
| IVV iShares Core S&P 500 ETF | 0.09% | 455 | $268K | Add +17.6% |
| GOOGL Alphabet Inc. Class A | 0.09% | 1,409 | $267K | Add +14.7% |
| OCSL Oaktree Specialty Lending Co. | 0.09% | 17,000 | $260K | New |
| HYLS FT Tactical High Yield ETF | 0.09% | 6,239 | $258K | No change |
| GOOG Alphabet Inc. Class C | 0.09% | 1,310 | $250K | Add +25.1% |
| MCD McDonald's Corp. | 0.08% | 853 | $247K | Add +22.2% |
| MS Morgan Stanley | 0.08% | 1,813 | $228K | New |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.08% | 8,632 | $226K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.07% | 3,088 | $217K | No change |
| CVX Chevron Corp. | 0.07% | 1,457 | $211K | Reduce -52.3% |
Options reported separately and not counted above: QQQ calls ($102K).
Portfolio Sells Q3 2024 → Q4 2024
| USMV iShares MSCI USA Min Vol Fac | Reduce -17.5% | 2.50% | −1.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -5.0% | 7.23% | −0.97 |
| QUAL iShares MSCI USA Quality Fac | Reduce -8.2% | 3.71% | −0.88 |
| EUSA iShares MSCI USA Equal Weigh | Reduce -9.5% | 2.52% | −0.63 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -3.4% | 5.00% | −0.57 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -7.6% | 2.08% | −0.47 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -17.3% | 1.11% | −0.37 |
| VNQ Vanguard Real Estate ETF | Reduce -0.3% | 1.40% | −0.33 |
| IFGL iShares International Develo | Reduce -1.5% | 0.83% | −0.30 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.7% | 1.78% | −0.23 |
| AAPL Apple Inc. | Reduce -11.3% | 1.19% | −0.22 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -17.3% | 0.54% | −0.22 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -13.6% | 0.46% | −0.17 |
| MUB iShares National Muni Bond E | Reduce -9.2% | 0.56% | −0.15 |
| XOM Exxon Mobil Corp. | Reduce -29.6% | 0.17% | −0.13 |
| IAUM iShares Gold Trust Micro | Reduce -2.5% | 0.75% | −0.12 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Reduce -25.1% | 0.21% | −0.11 |
| CVX Chevron Corp. | Reduce -52.3% | 0.07% | −0.10 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.09 |
| CMF iShares California Muni Bond | Reduce -1.0% | 0.53% | −0.08 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.08 |
| CLOZ Eldridge BBB-B Clo ETF | Sold out | 0.00% | −0.08 |
| GSEW Goldman Sachs Eql WGHT Large | Reduce -10.4% | 0.27% | −0.07 |
| VXUS Vanguard Total Intl Stock | Reduce -12.6% | 0.12% | −0.05 |
| BYND Beyond Meat Inc. | Reduce -0.2% | 0.04% | −0.05 |
| PGF Invesco Financial Preferred | Reduce -34.1% | 0.05% | −0.04 |
| TLT iShares 20+ Year Treasury BD | Reduce -6.8% | 0.11% | −0.04 |
| PFFD Global X US Preferred ETF | Reduce -28.8% | 0.05% | −0.04 |
| PGX Invesco Preferred ETF | Reduce -61.4% | 0.01% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.7% | 0.12% | −0.02 |
| DFAT Dimensional US Target Value | Reduce -0.0% | 0.14% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Reduce -56.7% | 0.01% | −0.01 |
| PBD Invesco Global Clean Energy | Reduce -44.8% | 0.01% | −0.01 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Sold out | 0.00% | −0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -14.2% | 0.01% | −0.00 |
| VNLA Janus Henderson Short Durati | Sold out | 0.00% | −0.00 |
| IGF iShares Global Infrastructur | Reduce -11.3% | 0.01% | −0.00 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.3% | 0.01% | −0.00 |
| RPG Invesco S&P 500 Pure Growth | Reduce -19.5% | 0.00% | −0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +106.0% | 16.70% | +7.52 |
| VTI VG Morningstar TS MKT ETF-US | Add +1468.1% | 0.88% | +0.82 |
| PULS Pgim Ultra Short Bond ETF | New | 0.35% | +0.35 |
| VGT Vanguard Info Tech ETF | Add +130.9% | 0.44% | +0.24 |
| AVGO Broadcom Inc. | New | 0.22% | +0.22 |
| PAAA Pgim Aaa Clo ETF | New | 0.19% | +0.19 |
| SPMC Sound Point Meridian Capital | New | 0.16% | +0.16 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +6966.7% | 0.12% | +0.12 |
| AVUV Avantis US Small Cap Value | Add +19.6% | 1.79% | +0.11 |
| NFLX Netflix Inc. | New | 0.11% | +0.11 |
| FBTC Fidelity Wise Origin Bitcoin | Add +48.7% | 0.21% | +0.10 |
| COST Costco Wholesale Corp. | New | 0.09% | +0.09 |
| OCSL Oaktree Specialty Lending Co. | New | 0.09% | +0.09 |
| MS Morgan Stanley | New | 0.08% | +0.08 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | New | 0.08% | +0.08 |
| AMZN Amazon.com Inc. | Add +27.0% | 0.30% | +0.07 |
| ITM Vaneck Intermediate Muni ETF | Add +37.0% | 0.45% | +0.07 |
| SLRC SLR Investment Corp. | New | 0.07% | +0.07 |
| KIE SS SPDR S&P Insurance ETF | New | 0.07% | +0.07 |
| MORN Morningstar Inc. | New | 0.07% | +0.07 |
| QLTA iShares Aaa - A Rated Corpor | Add +89.0% | 0.17% | +0.06 |
| IJR iShares Core S&P Small-Cap E | Add +64.7% | 0.19% | +0.06 |
| JAAA Janus Henderson Aaa Clo ETF | Add +81.2% | 0.14% | +0.05 |
| JPIB JPMorgan Intl BND ETF | Add +19.5% | 1.78% | +0.05 |
| WMT Walmart Inc. | Add +45.6% | 0.14% | +0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +21.1% | 0.82% | +0.04 |
| JPST JPMorgan Ultra-Short Income | Add +18.2% | 0.97% | +0.04 |
| V Visa Inc. Class A | Add +18.5% | 0.19% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +22.5% | 0.74% | +0.03 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +103.1% | 0.07% | +0.03 |
| VXF Vanguard Extended Market ETF | New | 0.03% | +0.03 |
| NVDA Nvidia Corp. | Add +24.5% | 0.14% | +0.03 |
| GOOG Alphabet Inc. Class C | Add +25.1% | 0.09% | +0.02 |
| VHT Vanguard Health Care ETF | New | 0.02% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +23.9% | 0.21% | +0.02 |
| TIPX SS SPDR BB 1-10YR Tips ETF | Add +101.2% | 0.03% | +0.01 |
| BND Vanguard Total Bond Market | Add +50.7% | 0.06% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +14.7% | 0.09% | +0.01 |
| SCZ iShares MSCI Eafe Small-Cap | Add +4269.2% | 0.01% | +0.01 |
| FCAL First Trust California Munic | Add +16.8% | 0.62% | +0.01 |
| ICF iShares Select U.S. REIT ETF | New | 0.01% | +0.01 |
| GLD SPDR Gold Shares | Add +17.5% | 0.23% | +0.01 |
| JQUA JPMorgan US Quality Factor | Add +11.9% | 2.07% | +0.01 |
| IAGG iShares Intl Aggregate Bond | New | 0.01% | +0.01 |
| IVV iShares Core S&P 500 ETF | Add +17.6% | 0.09% | +0.01 |
| MCD McDonald's Corp. | Add +22.2% | 0.08% | +0.00 |
| META Meta Platforms Inc. Class A | Add +11.9% | 0.17% | +0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +4.8% | 0.02% | −0.00 |
| SUSB iShares ESG Aware 1-5 Year U | Add +7.1% | 0.03% | −0.00 |
| NMZ Nuveen Muni Hi Inc. Opport | Add +19.5% | 0.26% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 189 | $366.8M | BIL, QQQ, QQQM, IEMG, BILS |
| Q3 2025 | 191 | $373.3M | BIL, QQQ, BILS, QQQM, IEMG |
| Q2 2025 | 183 | $362.3M | BIL, BILS, QQQ, QQQM, IEMG |
| Q1 2025 | 181 | $315.0M | BIL, QQQ, IEMG, QQQM, BILS |
| Q4 2024 | 162 | $291.9M | BIL, QQQ, IEMG, QQQM, VOO |
| Q3 2024 | 151 | $258.7M | BIL, QQQ, IEMG, QQQM, QUAL |
| Q2 2024 | 142 | $241.9M | QQQ, BIL, IEMG, QQQM, QUAL |
| Q1 2024 | 142 | $223.3M | QQQ, IEMG, QQQM, QUAL, BIL |