Running Point Capital Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Running Point Capital Advisors, LLC reported 183 stock positions worth $362.3 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 16.9% of the portfolio, followed by SS Spdrb B 3-12M T-Bill ETF (BILS, 7.0%) and Invesco QQQ Trust Series 1 (QQQ, 5.7%). Compared with Q1 2025, it opened 10 new positions, sold out of 8, added to 62 and reduced 48. The biggest buy was SS Spdrb B 3-12M T-Bill ETF (BILS, shares +88%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −21%).
- Most Recent 13F
- Q4 2025
- Location
- EL SEGUNDO, CA
- CIK
- 0001840629
- Portfolio Value
- $362.3M (Q2 2025)
- SEC Filing
- 0001398344-25-015005 ↗ filed Aug 12, 2025
Holdings Value
Holdings 183 stocks · $362.3M
| BIL SS SPDR BB 1-3M T-Bill ETF | 16.86% | 666,043 | $61.1M | Add +25.9% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 7.00% | 255,113 | $25.4M | Add +88.3% |
| QQQ Invesco QQQ Trust Series 1 | 5.73% | 37,620 | $20.8M | Reduce -7.5% |
| QQQM Invesco Nasdaq 100 ETF | 4.98% | 79,443 | $18.0M | Add +13.4% |
| IEMG iShares Core MSCI Emerging | 4.81% | 290,570 | $17.4M | Reduce -1.1% |
| VOO Vanguard S&P 500 ETF | 4.73% | 30,201 | $17.2M | Add +25.2% |
| IDEV iShares Core MSCI Dev MKTS | 2.88% | 137,301 | $10.4M | Add +2.0% |
| FDLO Fidelity Low Volat Fact ETF | 2.88% | 165,902 | $10.4M | Add +1.4% |
| QUAL iShares MSCI USA Quality Fac | 2.39% | 47,425 | $8.7M | Reduce -21.4% |
| IWV iShares Russell 3000 ETF | 2.23% | 23,003 | $8.1M | No change |
| AVUV Avantis US Small Cap Value | 1.92% | 76,293 | $7.0M | Add +47.6% |
| JQUA JPMorgan US Quality Factor | 1.90% | 114,706 | $6.9M | Add +4.0% |
| USMV iShares MSCI USA Min Vol Fac | 1.90% | 73,246 | $6.9M | Reduce -7.0% |
| ARES Ares Management Corp. Class A | 1.89% | 39,567 | $6.9M | Reduce -12.8% |
| EUSA iShares MSCI USA Equal Weigh | 1.87% | 68,290 | $6.8M | Reduce -8.7% |
| DFAC Dimensional US Core Equity 2 | 1.46% | 147,436 | $5.3M | Reduce -0.3% |
| MSFT Microsoft Corp. | 1.32% | 9,606 | $4.8M | Reduce -5.4% |
| IYR iShares US Real Estate ETF | 1.30% | 49,536 | $4.7M | Reduce -8.5% |
| EMBD Global X Emerging Markets BD | 1.23% | 190,968 | $4.5M | Reduce -17.4% |
| JPIB JPMorgan Intl BND ETF | 1.20% | 89,092 | $4.3M | Reduce -14.0% |
| VNQ Vanguard Real Estate ETF | 1.03% | 41,865 | $3.7M | Reduce -5.6% |
| AAPL Apple Inc. | 1.00% | 17,577 | $3.6M | Reduce -6.4% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.98% | 47,240 | $3.6M | Reduce -20.1% |
| OMFL Invesco Russell 1000 DYN M/F | 0.95% | 59,540 | $3.4M | Add +4.6% |
| CLIP Global X 1-3 Month T-Bill | 0.91% | 32,938 | $3.3M | Add +54.4% |
| VWO Vanguard Ftse Emerging Marke | 0.79% | 57,975 | $2.9M | Add +4.8% |
| JPST JPMorgan Ultra-Short Income | 0.78% | 55,875 | $2.8M | Add +4.6% |
| IFGL iShares International Develo | 0.72% | 115,504 | $2.6M | Reduce -11.9% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.72% | 49,528 | $2.6M | Add +4.3% |
| NVDA Nvidia Corp. | 0.72% | 16,426 | $2.6M | Reduce -5.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.68% | 8,059 | $2.4M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.66% | 3,232 | $2.4M | Reduce -2.6% |
| IAUM iShares Gold Trust Micro | 0.66% | 71,993 | $2.4M | Reduce -4.1% |
| AGG iShares Core U.S. Aggregate | 0.65% | 23,700 | $2.4M | Add +2.3% |
| PULS Pgim Ultra Short Bond ETF | 0.62% | 44,885 | $2.2M | Add +6.1% |
| VEA Vanguard Ftse Developed ETF | 0.58% | 37,179 | $2.1M | Reduce -7.0% |
| IVV iShares Core S&P 500 ETF | 0.57% | 3,349 | $2.1M | Add +82.6% |
| BNDX Vanguard Total Intl Bond ETF | 0.50% | 36,487 | $1.8M | Add +7.3% |
| LLY Eli Lilly & Co. | 0.49% | 2,291 | $1.8M | Reduce -1.8% |
| MUB iShares National Muni Bond E | 0.48% | 16,766 | $1.8M | Add +7.4% |
| FCAL First Trust California Munic | 0.47% | 35,415 | $1.7M | Reduce -7.9% |
| ITM Vaneck Intermediate Muni ETF | 0.45% | 35,678 | $1.6M | Add +23.2% |
| CMF iShares California Muni Bond | 0.43% | 27,840 | $1.6M | Add +3.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.43% | 14,100 | $1.5M | Add +3.7% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.42% | 23,313 | $1.5M | Add +11.1% |
| NMZ Nuveen Muni Hi Inc. Opport | 0.40% | 141,208 | $1.5M | Add +136.9% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.39% | 27,727 | $1.4M | Add +0.7% |
| VGLT Vanguard Long-Term Treasury | 0.38% | 24,840 | $1.4M | Add +5.7% |
| PAAA Pgim Aaa Clo ETF | 0.38% | 26,457 | $1.4M | Add +70.6% |
| VGT Vanguard Info Tech ETF | 0.37% | 2,047 | $1.4M | No change |
| SUB iShares Short-Term National | 0.37% | 12,679 | $1.3M | Add +3.1% |
| AMZN Amazon.com Inc. | 0.36% | 5,921 | $1.3M | Reduce -0.7% |
| AVGO Broadcom Inc. | 0.35% | 4,608 | $1.3M | Reduce -3.0% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.34% | 49,695 | $1.2M | Reduce -43.4% |
| GLD SPDR Gold Shares | 0.28% | 3,373 | $1.0M | Add +4.1% |
| SPHQ Invesco S&P 500 Quality ETF | 0.26% | 13,327 | $950K | Add +4.6% |
| DFIV Dimensional International Va | 0.25% | 21,092 | $903K | No change |
| VNQI Vanguard GLBL Ex-US Real Est | 0.25% | 19,280 | $890K | Add +8.7% |
| GSEW Goldman Sachs Eql WGHT Large | 0.23% | 10,123 | $825K | No change |
| DFUV Dimensional US Marketwide Va | 0.22% | 19,181 | $811K | Reduce -0.1% |
| PZA Invesco National Amt-Free Mu | 0.22% | 35,121 | $786K | Reduce -0.4% |
| ITOT iShares Core S&P Total U.S. | 0.21% | 5,635 | $761K | No change |
| EEM iShares MSCI Emerging Market | 0.21% | 15,418 | $744K | Reduce -70.6% |
| GOOGL Alphabet Inc. Class A | 0.20% | 4,147 | $731K | Reduce -5.8% |
| ABBV Abbvie Inc. | 0.20% | 3,901 | $724K | Reduce -2.3% |
| FBTC Fidelity Wise Origin Bitcoin | 0.20% | 7,664 | $720K | Add +0.4% |
| V Visa Inc. Class A | 0.20% | 2,017 | $716K | Reduce -0.3% |
| VCIT Vanguard Int-Term Corporate | 0.18% | 7,868 | $652K | Add +5.0% |
| EMB iShares JP Morgan Usd Emergi | 0.18% | 6,927 | $642K | No change |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.17% | 15,540 | $629K | No change |
| NFLX Netflix Inc. | 0.17% | 453 | $607K | Reduce -1.7% |
| SPMC Sound Point Meridian Capital | 0.16% | 33,424 | $598K | Add +14.9% |
| RFV Invesco S&P Midcap 400 Pure | 0.16% | 4,911 | $594K | Add +7695.2% |
| XOM Exxon Mobil Corp. | 0.16% | 5,369 | $579K | Add +0.4% |
| IJH iShares Core S&P Midcap ETF | 0.16% | 9,185 | $570K | No change |
| QLTA iShares Aaa - A Rated Corpor | 0.16% | 11,886 | $569K | Add +17.2% |
| VXUS Vanguard Total Intl Stock | 0.15% | 7,978 | $551K | Add +33.3% |
| GOOG Alphabet Inc. Class C | 0.15% | 3,065 | $544K | Add +3.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 1,072 | $521K | Reduce -21.5% |
| IJR iShares Core S&P Small-Cap E | 0.14% | 4,640 | $507K | No change |
| HD Home Depot Inc. | 0.14% | 1,371 | $503K | Reduce -14.1% |
| ABT Abbott Laboratories | 0.14% | 3,661 | $498K | Add +2.2% |
| FMB First Trust Managed Municipa | 0.13% | 9,646 | $481K | New |
| FLTR Vaneck Ig Floating Rate ETF | 0.13% | 18,770 | $479K | Add +1.9% |
| TSLA Tesla Inc. | 0.13% | 1,472 | $468K | Add +18.7% |
| SPSB SS SPDR P St C Corp. ETF | 0.12% | 14,326 | $433K | Reduce -9.1% |
| JAAA Janus Henderson Aaa Clo ETF | 0.12% | 8,345 | $424K | No change |
| WMT Walmart Inc. | 0.11% | 4,053 | $396K | Reduce -9.2% |
| AMAT Applied Materials Inc. | 0.11% | 2,146 | $393K | Add +1.4% |
| SLF Sun Life Financial Inc. | 0.11% | 5,901 | $392K | Reduce -0.6% |
| PG The Procter & Gamble Co. | 0.11% | 2,460 | $392K | Reduce -1.6% |
| COST Costco Wholesale Corp. | 0.11% | 393 | $389K | Reduce -7.1% |
| DFAT Dimensional US Target Value | 0.11% | 7,089 | $383K | No change |
| TLT iShares 20+ Year Treasury BD | 0.10% | 4,306 | $380K | Add +8.8% |
| ORCL Oracle Corp. | 0.10% | 1,706 | $373K | Reduce -0.8% |
| DEED First Trust Securitized Plus | 0.10% | 17,164 | $363K | Add +8.0% |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 4,332 | $362K | No change |
| IVW iShares S&P 500 Growth ETF | 0.10% | 3,275 | $361K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.10% | 2,120 | $349K | No change |
| BSV Vanguard Short-Term Bond ETF | 0.10% | 4,419 | $348K | Add +2.2% |
Options reported separately and not counted above: QQQ calls ($55K).
Portfolio Sells Q1 2025 → Q2 2025
| QUAL iShares MSCI USA Quality Fac | Reduce -21.4% | 2.39% | −0.88 |
| EEM iShares MSCI Emerging Market | Reduce -70.6% | 0.21% | −0.52 |
| EMBD Global X Emerging Markets BD | Reduce -17.4% | 1.23% | −0.45 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -7.0% | 1.90% | −0.44 |
| VBIL Vanguard 0-3M T-Bill ETF | Reduce -20.1% | 0.98% | −0.43 |
| JPIB JPMorgan Intl BND ETF | Reduce -14.0% | 1.20% | −0.38 |
| HYMB SS SPDR N Ice HY Muni ETF | Reduce -43.4% | 0.34% | −0.36 |
| EUSA iShares MSCI USA Equal Weigh | Reduce -8.7% | 1.87% | −0.35 |
| IYR iShares US Real Estate ETF | Reduce -8.5% | 1.30% | −0.35 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -7.5% | 5.73% | −0.33 |
| AAPL Apple Inc. | Reduce -6.4% | 1.00% | −0.33 |
| VNQ Vanguard Real Estate ETF | Reduce -5.6% | 1.03% | −0.25 |
| ARES Ares Management Corp. Class A | Reduce -12.8% | 1.89% | −0.22 |
| IEMG iShares Core MSCI Emerging | Reduce -1.1% | 4.81% | −0.22 |
| FCAL First Trust California Munic | Reduce -7.9% | 0.47% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 0.49% | −0.12 |
| IFGL iShares International Develo | Reduce -11.9% | 0.72% | −0.10 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.3% | 1.46% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -21.5% | 0.14% | −0.09 |
| IAUM iShares Gold Trust Micro | Reduce -4.1% | 0.66% | −0.09 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.07 |
| ABBV Abbvie Inc. | Reduce -2.3% | 0.20% | −0.07 |
| DUK Duke Energy Corp. | Sold out | 0.00% | −0.06 |
| VEA Vanguard Ftse Developed ETF | Reduce -7.0% | 0.58% | −0.06 |
| VTWO Vanguard Russell 2000 ETF | Reduce -98.8% | 0.00% | −0.05 |
| HD Home Depot Inc. | Reduce -14.1% | 0.14% | −0.05 |
| PZA Invesco National Amt-Free Mu | Reduce -0.4% | 0.22% | −0.04 |
| SPSB SS SPDR P St C Corp. ETF | Reduce -9.1% | 0.12% | −0.03 |
| CVX Chevron Corp. | Reduce -2.2% | 0.08% | −0.03 |
| V Visa Inc. Class A | Reduce -0.3% | 0.20% | −0.03 |
| DFUV Dimensional US Marketwide Va | Reduce -0.1% | 0.22% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 0.11% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -7.1% | 0.11% | −0.02 |
| BYND Beyond Meat Inc. | Reduce -58.2% | 0.01% | −0.02 |
| MCD McDonald's Corp. | Reduce -1.6% | 0.07% | −0.02 |
| WMT Walmart Inc. | Reduce -9.2% | 0.11% | −0.01 |
| GOOGL Alphabet Inc. Class A | Reduce -5.8% | 0.20% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -0.4% | 0.06% | −0.01 |
| MMM 3M Co. | Reduce -5.1% | 0.06% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -0.2% | 0.07% | −0.01 |
| PFFD Global X US Preferred ETF | Reduce -5.2% | 0.03% | −0.01 |
| IGF iShares Global Infrastructur | Sold out | 0.00% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -2.3% | 0.07% | −0.00 |
| SPHD Invesco S&P 500 High Dividen | Sold out | 0.00% | −0.00 |
| PICK iShares MSCI Global Metals & | Sold out | 0.00% | −0.00 |
| AMZN Amazon.com Inc. | Reduce -0.7% | 0.36% | −0.00 |
| VPU Vanguard Utilities ETF | Sold out | 0.00% | −0.00 |
| PXE Invesco Energy Exploration | Sold out | 0.00% | −0.00 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.00 |
| SLF Sun Life Financial Inc. | Reduce -0.6% | 0.11% | +0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +88.3% | 7.00% | +2.72 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +25.9% | 16.86% | +1.46 |
| VOO Vanguard S&P 500 ETF | Add +25.2% | 4.73% | +0.80 |
| QQQM Invesco Nasdaq 100 ETF | Add +13.4% | 4.98% | +0.69 |
| AVUV Avantis US Small Cap Value | Add +47.6% | 1.92% | +0.49 |
| IVV iShares Core S&P 500 ETF | Add +82.6% | 0.57% | +0.25 |
| CLIP Global X 1-3 Month T-Bill | Add +54.4% | 0.91% | +0.23 |
| NMZ Nuveen Muni Hi Inc. Opport | Add +136.9% | 0.40% | +0.20 |
| RFV Invesco S&P Midcap 400 Pure | Add +7695.2% | 0.16% | +0.16 |
| FMB First Trust Managed Municipa | New | 0.13% | +0.13 |
| PAAA Pgim Aaa Clo ETF | Add +70.6% | 0.38% | +0.12 |
| AXP American Express Co. | New | 0.06% | +0.06 |
| JPM JPMorgan Chase & Co. | New | 0.06% | +0.06 |
| BA The Boeing Co. | New | 0.06% | +0.06 |
| STX Seagate Technology Holdings | New | 0.06% | +0.06 |
| SJNK SS SPDR BB St Hi Yield ETF | New | 0.06% | +0.06 |
| AOA iShares Core 80/20 Aggressiv | New | 0.05% | +0.05 |
| VXUS Vanguard Total Intl Stock | Add +33.3% | 0.15% | +0.03 |
| ITM Vaneck Intermediate Muni ETF | Add +23.2% | 0.45% | +0.03 |
| TSLA Tesla Inc. | Add +18.7% | 0.13% | +0.03 |
| BBDC Barings BDC Inc. | New | 0.03% | +0.03 |
| FBTC Fidelity Wise Origin Bitcoin | Add +0.4% | 0.20% | +0.02 |
| SLRC SLR Investment Corp. | Add +56.3% | 0.09% | +0.02 |
| VNQI Vanguard GLBL Ex-US Real Est | Add +8.7% | 0.25% | +0.02 |
| AMAT Applied Materials Inc. | Add +1.4% | 0.11% | +0.01 |
| PPA Invesco Aerospace & Defense | Add +64.7% | 0.02% | +0.01 |
| VAW Vanguard Materials ETF | New | 0.01% | +0.01 |
| EUFN iShares MSCI Europe Financia | New | 0.01% | +0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +1481.3% | 0.01% | +0.01 |
| XAR SS SPDR S&P Aerospace Def | Add +44.1% | 0.01% | +0.01 |
| MS Morgan Stanley | Add +1.3% | 0.08% | +0.00 |
| QLTA iShares Aaa - A Rated Corpor | Add +17.2% | 0.16% | +0.00 |
| GOOG Alphabet Inc. Class C | Add +3.7% | 0.15% | +0.00 |
| TIPX SS SPDR BB 1-10YR Tips ETF | Add +23.1% | 0.03% | +0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +7.9% | 0.02% | +0.00 |
| RDIV Invesco S&P Ultra Dividend | Add +1.4% | 0.00% | −0.00 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Add +16.9% | 0.08% | −0.00 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +3.5% | 0.02% | −0.00 |
| PGF Invesco Financial Preferred | Add +9.7% | 0.03% | −0.00 |
| SHM SS SPDR N Ice St Muni ETF | Add +3.4% | 0.02% | −0.00 |
| SPEM State Street SP PTF Em ETF | Add +0.7% | 0.04% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +4.8% | 0.79% | −0.00 |
| OCSL Oaktree Specialty Lending Co. | Add +24.9% | 0.09% | −0.00 |
| SPHQ Invesco S&P 500 Quality ETF | Add +4.6% | 0.26% | −0.01 |
| DEED First Trust Securitized Plus | Add +8.0% | 0.10% | −0.01 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +0.3% | 0.05% | −0.01 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +11.1% | 0.42% | −0.01 |
| GILD Gilead Sciences Inc. | Add +0.2% | 0.06% | −0.01 |
| TLT iShares 20+ Year Treasury BD | Add +8.8% | 0.10% | −0.01 |
| BSV Vanguard Short-Term Bond ETF | Add +2.2% | 0.10% | −0.01 |
Options Activity Q1 2025 → Q2 2025
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -50.0% | 100 | $55K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |