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

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $223.3M Q1 2024 Q2 2024: $241.9M Q2 2024 Q3 2024: $258.7M Q3 2024 Q4 2024: $291.9M $291.9M Q4 2024 Q1 2025: $315.0M Q1 2025 Q2 2025: $362.3M Q2 2025 Q3 2025: $373.3M Q3 2025 Q4 2025: $366.8M Q4 2025

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%
SLRC SLR Investment Corp. 0.07% 12,800 $207K New
KIE SS SPDR S&P Insurance ETF 0.07% 3,621 $205K New
MORN Morningstar Inc. 0.07% 600 $202K New
IGV iShares Expanded Tech-Softwa 0.07% 2,000 $200K No change
VTWO Vanguard Russell 2000 ETF 0.07% 2,150 $192K No change
IGIB iShares 5-10Y Inv Grade Corp. 0.07% 3,689 $190K Add +103.1%
ITOT iShares Core S&P Total U.S. 0.06% 1,424 $183K No change
BND Vanguard Total Bond Market 0.06% 2,360 $170K Add +50.7%
PFFD Global X US Preferred ETF 0.05% 8,218 $160K Reduce -28.8%
PGF Invesco Financial Preferred 0.05% 10,207 $149K Reduce -34.1%
SPEM State Street SP PTF Em ETF 0.05% 3,552 $136K No change
BYND Beyond Meat Inc. 0.04% 34,381 $129K Reduce -0.2%
PIO Invesco Global Water ETF 0.04% 2,886 $113K No change
SUSB iShares ESG Aware 1-5 Year U 0.03% 3,966 $98K Add +7.1%
TIPX SS SPDR BB 1-10YR Tips ETF 0.03% 4,783 $88K Add +101.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 215 $88K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.03% 1,242 $88K No change
VXF Vanguard Extended Market ETF 0.03% 413 $79K New
SHM SS SPDR N Ice St Muni ETF 0.02% 1,371 $65K No change
SUSA iShares ESG Optimized MSCI U 0.02% 495 $60K No change
VCSH Vanguard S/T Corp. Bond ETF 0.02% 770 $60K Add +4.8%
VCLT Vanguard Long-Term Corp. Bond 0.02% 736 $55K No change
VHT Vanguard Health Care ETF 0.02% 198 $50K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.02% 178 $47K No change
DFAS Dimensional US Small Cap ETF 0.01% 632 $41K No change
GDX Vaneck Gold Miners ETF 0.01% 1,206 $41K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.01% 230 $39K Reduce -14.2%
PPA Invesco Aerospace & Defense 0.01% 329 $38K No change
SCZ iShares MSCI Eafe Small-Cap 0.01% 568 $35K Add +4269.2%
STIP iShares 0-5 Year Tips Bond E 0.01% 328 $33K No change
PGX Invesco Preferred ETF 0.01% 2,596 $30K Reduce -61.4%
SHY iShares 1-3 Year Treasury Bo 0.01% 362 $30K Reduce -0.3%
VLUE iShares MSCI USA Value Facto 0.01% 256 $27K No change
BIV Vanguard Intermediate-Term B 0.01% 346 $26K No change
ICF iShares Select U.S. REIT ETF 0.01% 427 $26K New
XAR SS SPDR S&P Aerospace Def 0.01% 152 $25K No change
IWR iShares Russell Mid-Cap ETF 0.01% 268 $24K No change
SMH Vaneck Semiconductor ETF 0.01% 80 $19K No change
VYM Vanguard High DVD Yield ETF 0.01% 150 $19K No change
IAGG iShares Intl Aggregate Bond 0.01% 370 $18K New
IGF iShares Global Infrastructur 0.01% 328 $17K Reduce -11.3%
PBD Invesco Global Clean Energy 0.01% 1,390 $16K Reduce -44.8%
JEPI JPMorgan Equity Premium Inco 0.01% 276 $16K Reduce -56.7%
SPHD Invesco S&P 500 High Dividen 0.00% 214 $10K No change
IHE iShares US Pharmaceuticals E 0.00% 135 $9K No change
RFV Invesco S&P Midcap 400 Pure 0.00% 63 $8K No change
RPG Invesco S&P 500 Pure Growth 0.00% 178 $7K Reduce -19.5%
RDIV Invesco S&P Ultra Dividend 0.00% 141 $7K No change
DFUS Dimensional US Eq MKT ETF 0.00% 104 $7K No change
PICK iShares MSCI Global Metals & 0.00% 135 $5K No change
IMCG iShares Morningstar Mid-Cap 0.00% 46 $3K No change
EMXC iShares MSCI Emr MRK Ex Chna 0.00% 45 $2K No change
URA Global X Uranium ETF 0.00% 84 $2K No change
ITB iShares U.S. Home Constructi 0.00% 20 $2K No change
VPU Vanguard Utilities ETF 0.00% 12 $2K No change
CLOU Global X Cloud Computing ETF 0.00% 70 $2K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.00% 23 $1K No change
VYMI Vanguard Int High DVD YLD Inc. 0.00% 16 $1K No change
XCCC Bondbloxx-CCC-Usd HY Corp. BD 0.00% 26 $1K No change
PXH Inves Rafi Emer MRKT-Usd Inc. 0.00% 21 $430 No change
VB Vanguard Most SM-Cap ETF-Usd 0.00% 1 $240 No change
EWS iShares MSCI Singapore ETF 0.00% 1 $22 No change

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

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 189$366.8MBIL, QQQ, QQQM, IEMG, BILS
Q3 2025 191$373.3MBIL, QQQ, BILS, QQQM, IEMG
Q2 2025 183$362.3MBIL, BILS, QQQ, QQQM, IEMG
Q1 2025 181$315.0MBIL, QQQ, IEMG, QQQM, BILS
Q4 2024 162$291.9MBIL, QQQ, IEMG, QQQM, VOO
Q3 2024 151$258.7MBIL, QQQ, IEMG, QQQM, QUAL
Q2 2024 142$241.9MQQQ, BIL, IEMG, QQQM, QUAL
Q1 2024 142$223.3MQQQ, IEMG, QQQM, QUAL, BIL