Running Point Capital Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Running Point Capital Advisors, LLC reported 181 stock positions worth $315.0 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 15.4% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 6.1%) and iShares Core MSCI Emerging (IEMG, 5.0%). Compared with Q4 2024, it opened 25 new positions, sold out of 6, added to 67 and reduced 35. The biggest buy was SS Spdrb B 3-12M T-Bill ETF (BILS, shares +121%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −1%).
- Most Recent 13F
- Q4 2025
- Location
- EL SEGUNDO, CA
- CIK
- 0001840629
- Portfolio Value
- $315.0M (Q1 2025)
- SEC Filing
- 0001398344-25-009551 ↗ filed May 15, 2025
Holdings Value
Holdings 181 stocks · $315.0M
| BIL SS SPDR BB 1-3M T-Bill ETF | 15.40% | 528,832 | $48.5M | Reduce -0.8% |
| QQQ Invesco QQQ Trust Series 1 | 6.06% | 40,693 | $19.1M | Reduce -1.4% |
| IEMG iShares Core MSCI Emerging | 5.03% | 293,686 | $15.9M | Add +4.3% |
| QQQM Invesco Nasdaq 100 ETF | 4.29% | 70,054 | $13.5M | Add +1.0% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 4.28% | 135,483 | $13.5M | Add +120.8% |
| VOO Vanguard S&P 500 ETF | 3.93% | 24,116 | $12.4M | Add +0.4% |
| QUAL iShares MSCI USA Quality Fac | 3.27% | 60,365 | $10.3M | Reduce -0.8% |
| FDLO Fidelity Low Volat Fact ETF | 3.15% | 163,684 | $9.9M | Add +2.0% |
| IDEV iShares Core MSCI Dev MKTS | 2.94% | 134,603 | $9.3M | Add +9.6% |
| USMV iShares MSCI USA Min Vol Fac | 2.34% | 78,723 | $7.4M | Reduce -4.1% |
| IWV iShares Russell 3000 ETF | 2.32% | 23,003 | $7.3M | No change |
| EUSA iShares MSCI USA Equal Weigh | 2.22% | 74,765 | $7.0M | Reduce -3.0% |
| ARES Ares Management Corp. Class A | 2.11% | 45,386 | $6.7M | Add +24.7% |
| JQUA JPMorgan US Quality Factor | 1.98% | 110,266 | $6.2M | Add +4.4% |
| EMBD Global X Emerging Markets BD | 1.68% | 231,257 | $5.3M | Reduce -8.0% |
| IYR iShares US Real Estate ETF | 1.65% | 54,127 | $5.2M | Reduce -5.8% |
| JPIB JPMorgan Intl BND ETF | 1.58% | 103,639 | $5.0M | Reduce -5.6% |
| DFAC Dimensional US Core Equity 2 | 1.55% | 147,815 | $4.9M | Reduce -1.5% |
| AVUV Avantis US Small Cap Value | 1.43% | 51,685 | $4.5M | Reduce -4.3% |
| VBIL Vanguard 0-3M T-Bill ETF | 1.42% | 59,148 | $4.5M | New |
| AAPL Apple Inc. | 1.32% | 18,784 | $4.2M | Add +35.4% |
| VNQ Vanguard Real Estate ETF | 1.27% | 44,353 | $4.0M | Reduce -3.0% |
| MSFT Microsoft Corp. | 1.21% | 10,153 | $3.8M | Add +22.8% |
| OMFL Invesco Russell 1000 DYN M/F | 0.96% | 56,911 | $3.0M | Reduce -4.6% |
| JPST JPMorgan Ultra-Short Income | 0.86% | 53,409 | $2.7M | Reduce -5.2% |
| IFGL iShares International Develo | 0.82% | 131,142 | $2.6M | Add +3.9% |
| VWO Vanguard Ftse Emerging Marke | 0.79% | 55,303 | $2.5M | Add +2.4% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.79% | 47,462 | $2.5M | Add +2.4% |
| IAUM iShares Gold Trust Micro | 0.74% | 75,065 | $2.3M | Reduce -10.3% |
| AGG iShares Core U.S. Aggregate | 0.73% | 23,176 | $2.3M | Add +4.6% |
| EEM iShares MSCI Emerging Market | 0.73% | 52,370 | $2.3M | No change |
| HYMB SS SPDR N Ice HY Muni ETF | 0.70% | 87,830 | $2.2M | Add +0.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.70% | 7,975 | $2.2M | Reduce -9.8% |
| CLIP Global X 1-3 Month T-Bill | 0.68% | 21,335 | $2.1M | New |
| PULS Pgim Ultra Short Bond ETF | 0.67% | 42,288 | $2.1M | Add +104.0% |
| VEA Vanguard Ftse Developed ETF | 0.65% | 39,989 | $2.0M | Add +3.6% |
| LLY Eli Lilly & Co. | 0.61% | 2,334 | $1.9M | Add +25.6% |
| META Meta Platforms Inc. Class A | 0.61% | 3,317 | $1.9M | Add +300.1% |
| NVDA Nvidia Corp. | 0.60% | 17,391 | $1.9M | Add +452.6% |
| FCAL First Trust California Munic | 0.59% | 38,452 | $1.9M | Add +5.0% |
| BNDX Vanguard Total Intl Bond ETF | 0.53% | 34,007 | $1.7M | Add +4.9% |
| MUB iShares National Muni Bond E | 0.52% | 15,605 | $1.6M | Add +2.3% |
| CMF iShares California Muni Bond | 0.48% | 26,790 | $1.5M | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.47% | 13,598 | $1.5M | Add +4.8% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.44% | 27,532 | $1.4M | Add +130.6% |
| VGLT Vanguard Long-Term Treasury | 0.43% | 23,511 | $1.4M | Reduce -3.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.43% | 20,994 | $1.3M | Reduce -1.9% |
| ITM Vaneck Intermediate Muni ETF | 0.42% | 28,961 | $1.3M | Add +2.5% |
| SUB iShares Short-Term National | 0.41% | 12,302 | $1.3M | Add +2.1% |
| AMZN Amazon.com Inc. | 0.36% | 5,960 | $1.1M | Add +51.6% |
| VGT Vanguard Info Tech ETF | 0.35% | 2,047 | $1.1M | Reduce -1.7% |
| IVV iShares Core S&P 500 ETF | 0.33% | 1,834 | $1.0M | Add +303.1% |
| GLD SPDR Gold Shares | 0.30% | 3,240 | $934K | Add +16.7% |
| SPHQ Invesco S&P 500 Quality ETF | 0.27% | 12,736 | $845K | No change |
| ABBV Abbvie Inc. | 0.27% | 3,991 | $836K | Add +17.7% |
| DFIV Dimensional International Va | 0.26% | 21,092 | $830K | No change |
| PZA Invesco National Amt-Free Mu | 0.26% | 35,262 | $812K | Add +12.6% |
| PAAA Pgim Aaa Clo ETF | 0.25% | 15,511 | $796K | Add +46.2% |
| AVGO Broadcom Inc. | 0.25% | 4,751 | $795K | Add +69.5% |
| DFUV Dimensional US Marketwide Va | 0.25% | 19,206 | $791K | No change |
| GSEW Goldman Sachs Eql WGHT Large | 0.24% | 10,123 | $770K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.23% | 1,366 | $728K | Add +1.6% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.23% | 17,732 | $717K | Reduce -5.0% |
| V Visa Inc. Class A | 0.23% | 2,024 | $709K | Add +18.0% |
| ITOT iShares Core S&P Total U.S. | 0.22% | 5,635 | $688K | Add +295.7% |
| GOOGL Alphabet Inc. Class A | 0.22% | 4,404 | $681K | Add +212.6% |
| NMZ Nuveen Muni Hi Inc. Opport | 0.21% | 59,601 | $650K | Reduce -13.6% |
| XOM Exxon Mobil Corp. | 0.20% | 5,346 | $636K | Add +16.3% |
| EMB iShares JP Morgan Usd Emergi | 0.20% | 6,927 | $628K | Reduce -0.7% |
| VCIT Vanguard Int-Term Corporate | 0.19% | 7,492 | $613K | Add +16.8% |
| HD Home Depot Inc. | 0.19% | 1,596 | $585K | Add +14.3% |
| SPMC Sound Point Meridian Capital | 0.18% | 29,101 | $580K | Add +31.1% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.18% | 15,540 | $566K | Reduce -0.5% |
| FBTC Fidelity Wise Origin Bitcoin | 0.17% | 7,634 | $549K | No change |
| IJH iShares Core S&P Midcap ETF | 0.17% | 9,185 | $536K | No change |
| IJR iShares Core S&P Small-Cap E | 0.15% | 4,640 | $485K | Reduce -1.2% |
| QLTA iShares Aaa - A Rated Corpor | 0.15% | 10,144 | $482K | Reduce -3.9% |
| ABT Abbott Laboratories | 0.15% | 3,583 | $475K | Add +12.0% |
| SPSB SS SPDR P St C Corp. ETF | 0.15% | 15,758 | $474K | Reduce -23.9% |
| FLTR Vaneck Ig Floating Rate ETF | 0.15% | 18,417 | $471K | Add +7.6% |
| GOOG Alphabet Inc. Class C | 0.15% | 2,956 | $462K | Add +125.7% |
| NFLX Netflix Inc. | 0.14% | 461 | $430K | Add +29.5% |
| PG The Procter & Gamble Co. | 0.14% | 2,500 | $426K | Add +21.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.13% | 8,345 | $423K | No change |
| COST Costco Wholesale Corp. | 0.13% | 423 | $400K | Add +44.4% |
| WMT Walmart Inc. | 0.12% | 4,464 | $392K | Reduce -3.1% |
| VXUS Vanguard Total Intl Stock | 0.12% | 5,985 | $372K | Reduce -1.0% |
| DFAT Dimensional US Target Value | 0.12% | 7,089 | $365K | No change |
| TLT iShares 20+ Year Treasury BD | 0.11% | 3,956 | $360K | Add +3.3% |
| CVX Chevron Corp. | 0.11% | 2,081 | $348K | Add +42.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.11% | 2,120 | $340K | No change |
| SLF Sun Life Financial Inc. | 0.11% | 5,937 | $340K | Add +6.5% |
| BSV Vanguard Short-Term Bond ETF | 0.11% | 4,323 | $338K | Add +11.6% |
| DEED First Trust Securitized Plus | 0.11% | 15,892 | $336K | Add +12.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 4,332 | $328K | Add +40.3% |
| TSLA Tesla Inc. | 0.10% | 1,240 | $321K | New |
| OCSL Oaktree Specialty Lending Co. | 0.10% | 20,080 | $308K | Add +18.1% |
| AMAT Applied Materials Inc. | 0.10% | 2,117 | $307K | Add +18.1% |
| IVW iShares S&P 500 Growth ETF | 0.10% | 3,275 | $304K | New |
| MCD McDonald's Corp. | 0.09% | 915 | $286K | Add +7.3% |
Options reported separately and not counted above: QQQ calls ($94K).
Portfolio Sells Q4 2024 → Q1 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -0.8% | 15.40% | −1.31 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.4% | 6.06% | −1.17 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.8% | 3.27% | −0.44 |
| AVUV Avantis US Small Cap Value | Reduce -4.3% | 1.43% | −0.36 |
| EUSA iShares MSCI USA Equal Weigh | Reduce -3.0% | 2.22% | −0.30 |
| EMBD Global X Emerging Markets BD | Reduce -8.0% | 1.68% | −0.27 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.5% | 1.55% | −0.23 |
| JPIB JPMorgan Intl BND ETF | Reduce -5.6% | 1.58% | −0.20 |
| IYR iShares US Real Estate ETF | Reduce -5.8% | 1.65% | −0.19 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -9.8% | 0.70% | −0.18 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -4.1% | 2.34% | −0.16 |
| OMFL Invesco Russell 1000 DYN M/F | Reduce -4.6% | 0.96% | −0.14 |
| C Citigroup Inc. | Sold out | 0.00% | −0.14 |
| VNQ Vanguard Real Estate ETF | Reduce -3.0% | 1.27% | −0.12 |
| JPST JPMorgan Ultra-Short Income | Reduce -5.2% | 0.86% | −0.11 |
| VGT Vanguard Info Tech ETF | Reduce -1.7% | 0.35% | −0.09 |
| MORN Morningstar Inc. | Sold out | 0.00% | −0.07 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -23.9% | 0.15% | −0.06 |
| NMZ Nuveen Muni Hi Inc. Opport | Reduce -13.6% | 0.21% | −0.05 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -1.9% | 0.43% | −0.04 |
| VGLT Vanguard Long-Term Treasury | Reduce -3.9% | 0.43% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.2% | 0.15% | −0.03 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -5.0% | 0.23% | −0.03 |
| WMT Walmart Inc. | Reduce -3.1% | 0.12% | −0.02 |
| QLTA iShares Aaa - A Rated Corpor | Reduce -3.9% | 0.15% | −0.02 |
| PGF Invesco Financial Preferred | Reduce -24.0% | 0.04% | −0.02 |
| VXF Vanguard Extended Market ETF | Reduce -44.1% | 0.01% | −0.01 |
| EMB iShares JP Morgan Usd Emergi | Reduce -0.7% | 0.20% | −0.01 |
| PFFD Global X US Preferred ETF | Reduce -16.4% | 0.04% | −0.01 |
| HYLS FT Tactical High Yield ETF | Reduce -5.8% | 0.08% | −0.01 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -36.8% | 0.02% | −0.01 |
| PGX Invesco Preferred ETF | Sold out | 0.00% | −0.01 |
| IWR iShares Russell Mid-Cap ETF | Sold out | 0.00% | −0.01 |
| IAUM iShares Gold Trust Micro | Reduce -10.3% | 0.74% | −0.01 |
| PBD Invesco Global Clean Energy | Sold out | 0.00% | −0.01 |
| VXUS Vanguard Total Intl Stock | Reduce -1.0% | 0.12% | −0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -0.5% | 0.18% | −0.00 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -9.7% | 0.01% | −0.00 |
| RPG Invesco S&P 500 Pure Growth | Reduce -24.2% | 0.00% | −0.00 |
| CLOU Global X Cloud Computing ETF | Sold out | 0.00% | −0.00 |
| ITB iShares U.S. Home Constructi | Reduce -75.0% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +120.8% | 4.28% | +2.19 |
| VBIL Vanguard 0-3M T-Bill ETF | New | 1.42% | +1.42 |
| CLIP Global X 1-3 Month T-Bill | New | 0.68% | +0.68 |
| NVDA Nvidia Corp. | Add +452.6% | 0.60% | +0.45 |
| META Meta Platforms Inc. Class A | Add +300.1% | 0.61% | +0.44 |
| PULS Pgim Ultra Short Bond ETF | Add +104.0% | 0.67% | +0.32 |
| IVV iShares Core S&P 500 ETF | Add +303.1% | 0.33% | +0.24 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Add +130.6% | 0.44% | +0.23 |
| IDEV iShares Core MSCI Dev MKTS | Add +9.6% | 2.94% | +0.23 |
| ITOT iShares Core S&P Total U.S. | Add +295.7% | 0.22% | +0.16 |
| AAPL Apple Inc. | Add +35.4% | 1.32% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +212.6% | 0.22% | +0.12 |
| LLY Eli Lilly & Co. | Add +25.6% | 0.61% | +0.12 |
| TSLA Tesla Inc. | New | 0.10% | +0.10 |
| IVW iShares S&P 500 Growth ETF | New | 0.10% | +0.10 |
| MA Mastercard Inc. Class A | New | 0.08% | +0.08 |
| CSCO Cisco Systems Inc. | New | 0.08% | +0.08 |
| VZ Verizon Communications Inc. | New | 0.08% | +0.08 |
| ORCL Oracle Corp. | New | 0.08% | +0.08 |
| MMM 3M Co. | New | 0.07% | +0.07 |
| MRK Merck & Co. Inc. | New | 0.07% | +0.07 |
| GILD Gilead Sciences Inc. | New | 0.07% | +0.07 |
| PAAA Pgim Aaa Clo ETF | Add +46.2% | 0.25% | +0.07 |
| GLD SPDR Gold Shares | Add +16.7% | 0.30% | +0.07 |
| AMZN Amazon.com Inc. | Add +51.6% | 0.36% | +0.06 |
| DUK Duke Energy Corp. | New | 0.06% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +125.7% | 0.15% | +0.06 |
| IVE iShares S&P 500 Value ETF | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +17.7% | 0.27% | +0.06 |
| V Visa Inc. Class A | Add +18.0% | 0.23% | +0.04 |
| CVX Chevron Corp. | Add +42.8% | 0.11% | +0.04 |
| COST Costco Wholesale Corp. | Add +44.4% | 0.13% | +0.03 |
| XOM Exxon Mobil Corp. | Add +16.3% | 0.20% | +0.03 |
| AVGO Broadcom Inc. | Add +69.5% | 0.25% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +40.3% | 0.10% | +0.03 |
| NFLX Netflix Inc. | Add +29.5% | 0.14% | +0.03 |
| ABT Abbott Laboratories | Add +12.0% | 0.15% | +0.03 |
| SPMC Sound Point Meridian Capital | Add +31.1% | 0.18% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.6% | 0.23% | +0.02 |
| JMBS Janus Henderson Mortg Backed | New | 0.02% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +16.8% | 0.19% | +0.02 |
| PG The Procter & Gamble Co. | Add +21.6% | 0.14% | +0.02 |
| MSFT Microsoft Corp. | Add +22.8% | 1.21% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +3.6% | 0.65% | +0.01 |
| FTEC Fidelity MSCI Info Tech Indx | New | 0.01% | +0.01 |
| OCSL Oaktree Specialty Lending Co. | Add +18.1% | 0.10% | +0.01 |
| DEED First Trust Securitized Plus | Add +12.9% | 0.11% | +0.01 |
| MCD McDonald's Corp. | Add +7.3% | 0.09% | +0.01 |
| IJJ iShares S&P Mid-Cap 400 Valu | New | 0.01% | +0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | New | 0.01% | +0.01 |
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 |