Running Point Capital Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Running Point Capital Advisors, LLC reported 191 stock positions worth $373.3 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 13.9% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 6.0%) and SS Spdrb B 3-12M T-Bill ETF (BILS, 5.8%). Compared with Q2 2025, it opened 15 new positions, sold out of 7, added to 71 and reduced 40. The biggest buy was iShares Core MSCI Emerging (IEMG, shares +3%) and the biggest sale SS SPDR BB 1-3M T-Bill ETF (BIL, shares −15%).
- Most Recent 13F
- Q4 2025
- Location
- EL SEGUNDO, CA
- CIK
- 0001840629
- Portfolio Value
- $373.3M (Q3 2025)
- SEC Filing
- 0001398344-25-019878 ↗ filed Oct 28, 2025
Holdings Value
Holdings 191 stocks · $373.3M
| BIL SS SPDR BB 1-3M T-Bill ETF | 13.90% | 565,442 | $51.9M | Reduce -15.1% |
| QQQ Invesco QQQ Trust Series 1 | 6.05% | 37,602 | $22.6M | Reduce -0.1% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 5.83% | 218,813 | $21.8M | Reduce -14.2% |
| QQQM Invesco Nasdaq 100 ETF | 5.40% | 81,633 | $20.2M | Add +2.8% |
| IEMG iShares Core MSCI Emerging | 5.29% | 299,383 | $19.7M | Add +3.0% |
| VOO Vanguard S&P 500 ETF | 5.03% | 30,655 | $18.8M | Add +1.5% |
| IDEV iShares Core MSCI Dev MKTS | 3.13% | 145,882 | $11.7M | Add +6.3% |
| FDLO Fidelity Low Volat Fact ETF | 3.07% | 174,050 | $11.5M | Add +4.9% |
| QUAL iShares MSCI USA Quality Fac | 2.46% | 47,243 | $9.2M | Reduce -0.4% |
| IWV iShares Russell 3000 ETF | 2.28% | 22,490 | $8.5M | Reduce -2.2% |
| AVUV Avantis US Small Cap Value | 2.06% | 77,435 | $7.7M | Add +1.5% |
| JQUA JPMorgan US Quality Factor | 2.05% | 121,686 | $7.7M | Add +6.1% |
| EUSA iShares MSCI USA Equal Weigh | 1.84% | 66,849 | $6.9M | Reduce -2.1% |
| USMV iShares MSCI USA Min Vol Fac | 1.84% | 72,282 | $6.9M | Reduce -1.3% |
| DFAC Dimensional US Core Equity 2 | 1.52% | 146,871 | $5.7M | Reduce -0.4% |
| ARES Ares Management Corp. Class A | 1.45% | 33,953 | $5.4M | Reduce -14.2% |
| MSFT Microsoft Corp. | 1.38% | 9,924 | $5.1M | Add +3.3% |
| IYR iShares US Real Estate ETF | 1.33% | 51,291 | $5.0M | Add +3.5% |
| EMBD Global X Emerging Markets BD | 1.33% | 208,991 | $5.0M | Add +9.4% |
| JPIB JPMorgan Intl BND ETF | 1.32% | 100,681 | $4.9M | Add +13.0% |
| AAPL Apple Inc. | 1.28% | 18,790 | $4.8M | Add +6.9% |
| VNQ Vanguard Real Estate ETF | 1.02% | 41,666 | $3.8M | Reduce -0.5% |
| OMFL Invesco Russell 1000 DYN M/F | 0.97% | 60,134 | $3.6M | Add +1.0% |
| VWO Vanguard Ftse Emerging Marke | 0.84% | 57,860 | $3.1M | Reduce -0.2% |
| NVDA Nvidia Corp. | 0.82% | 16,370 | $3.1M | Reduce -0.3% |
| IAUM iShares Gold Trust Micro | 0.81% | 78,128 | $3.0M | Add +8.5% |
| JPST JPMorgan Ultra-Short Income | 0.77% | 56,925 | $2.9M | Add +1.9% |
| CLIP Global X 1-3 Month T-Bill | 0.76% | 28,245 | $2.8M | Reduce -14.3% |
| IFGL iShares International Develo | 0.75% | 121,320 | $2.8M | Add +5.0% |
| IVV iShares Core S&P 500 ETF | 0.74% | 4,111 | $2.8M | Add +22.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.71% | 8,064 | $2.6M | Add +0.1% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.70% | 48,937 | $2.6M | Reduce -1.2% |
| VBIL Vanguard 0-3M T-Bill ETF | 0.69% | 33,873 | $2.6M | Reduce -28.3% |
| AGG iShares Core U.S. Aggregate | 0.68% | 25,253 | $2.5M | Add +6.5% |
| PAAA Pgim Aaa Clo ETF | 0.66% | 48,175 | $2.5M | Add +82.1% |
| META Meta Platforms Inc. Class A | 0.64% | 3,238 | $2.4M | Add +0.2% |
| VEA Vanguard Ftse Developed ETF | 0.59% | 36,795 | $2.2M | Reduce -1.0% |
| PULS Pgim Ultra Short Bond ETF | 0.54% | 40,563 | $2.0M | Reduce -9.6% |
| MUB iShares National Muni Bond E | 0.50% | 17,482 | $1.9M | Add +4.3% |
| BNDX Vanguard Total Intl Bond ETF | 0.48% | 36,566 | $1.8M | Add +0.2% |
| FCAL First Trust California Munic | 0.47% | 36,287 | $1.8M | Add +2.5% |
| AVGO Broadcom Inc. | 0.46% | 5,210 | $1.7M | Add +13.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.46% | 15,393 | $1.7M | Add +9.2% |
| ITM Vaneck Intermediate Muni ETF | 0.45% | 35,678 | $1.7M | No change |
| LLY Eli Lilly & Co. | 0.44% | 2,163 | $1.7M | Reduce -5.6% |
| CMF iShares California Muni Bond | 0.43% | 28,204 | $1.6M | Add +1.3% |
| DFIV Dimensional International Va | 0.42% | 33,765 | $1.6M | Add +60.1% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.41% | 22,880 | $1.5M | Reduce -1.9% |
| VGT Vanguard Info Tech ETF | 0.41% | 2,047 | $1.5M | No change |
| VGLT Vanguard Long-Term Treasury | 0.39% | 25,301 | $1.4M | Add +1.9% |
| SUB iShares Short-Term National | 0.37% | 12,814 | $1.4M | Add +1.1% |
| XHLF Bondbloxx BBG 6 MTH US Treas | 0.35% | 25,854 | $1.3M | Reduce -6.8% |
| AMZN Amazon.com Inc. | 0.35% | 5,926 | $1.3M | Add +0.1% |
| NMZ Nuveen Muni Hi Inc. Opport | 0.33% | 118,010 | $1.2M | Reduce -16.4% |
| HYMB SS SPDR N Ice HY Muni ETF | 0.33% | 49,928 | $1.2M | Add +0.5% |
| GLD SPDR Gold Shares | 0.31% | 3,234 | $1.1M | Reduce -4.1% |
| GOOGL Alphabet Inc. Class A | 0.27% | 4,099 | $996K | Reduce -1.2% |
| DFUV Dimensional US Marketwide Va | 0.26% | 21,423 | $957K | Add +11.7% |
| SPHQ Invesco S&P 500 Quality ETF | 0.25% | 12,797 | $938K | Reduce -4.0% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.25% | 19,234 | $918K | Reduce -0.2% |
| GSEW Goldman Sachs Eql WGHT Large | 0.23% | 10,123 | $861K | No change |
| PZA Invesco National Amt-Free Mu | 0.22% | 35,976 | $831K | Add +2.4% |
| EEM iShares MSCI Emerging Market | 0.22% | 15,418 | $823K | No change |
| ITOT iShares Core S&P Total U.S. | 0.22% | 5,635 | $821K | No change |
| ABBV Abbvie Inc. | 0.21% | 3,340 | $773K | Reduce -14.4% |
| FBTC Fidelity Wise Origin Bitcoin | 0.20% | 7,666 | $765K | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.20% | 3,052 | $743K | Reduce -0.4% |
| V Visa Inc. Class A | 0.20% | 2,133 | $728K | Add +5.8% |
| DFAT Dimensional US Target Value | 0.18% | 11,844 | $689K | Add +67.1% |
| VCIT Vanguard Int-Term Corporate | 0.18% | 7,981 | $671K | Add +1.4% |
| EMB iShares JP Morgan Usd Emergi | 0.18% | 6,927 | $659K | No change |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.18% | 15,369 | $658K | Reduce -1.1% |
| BA The Boeing Co. | 0.17% | 2,975 | $653K | Add +189.4% |
| TSLA Tesla Inc. | 0.17% | 1,444 | $642K | Reduce -1.9% |
| VXUS Vanguard Total Intl Stock | 0.17% | 8,643 | $635K | Add +8.3% |
| RFV Invesco S&P Midcap 400 Pure | 0.16% | 4,752 | $610K | Reduce -3.2% |
| XOM Exxon Mobil Corp. | 0.16% | 5,393 | $608K | Add +0.5% |
| IJH iShares Core S&P Midcap ETF | 0.16% | 9,185 | $599K | No change |
| HD Home Depot Inc. | 0.16% | 1,477 | $599K | Add +7.7% |
| SPSB SS SPDR P St C Corp. ETF | 0.15% | 19,075 | $578K | Add +33.1% |
| QLTA iShares Aaa - A Rated Corpor | 0.15% | 11,886 | $576K | No change |
| WMT Walmart Inc. | 0.15% | 5,547 | $572K | Add +36.9% |
| SPMC Sound Point Meridian Capital | 0.15% | 32,570 | $565K | Reduce -2.6% |
| IJR iShares Core S&P Small-Cap E | 0.15% | 4,640 | $551K | No change |
| NFLX Netflix Inc. | 0.15% | 453 | $543K | No change |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 1,050 | $528K | Reduce -2.0% |
| ABT Abbott Laboratories | 0.14% | 3,897 | $522K | Add +6.5% |
| COST Costco Wholesale Corp. | 0.13% | 537 | $497K | Add +36.6% |
| FMB First Trust Managed Municipa | 0.13% | 9,646 | $489K | No change |
| FLTR Vaneck Ig Floating Rate ETF | 0.13% | 18,833 | $482K | Add +0.3% |
| ORCL Oracle Corp. | 0.13% | 1,710 | $481K | Add +0.2% |
| AMAT Applied Materials Inc. | 0.12% | 2,135 | $437K | Reduce -0.5% |
| AVLV Avantis US Large Cap Value | 0.11% | 5,925 | $428K | New |
| JAAA Janus Henderson Aaa Clo ETF | 0.11% | 8,345 | $424K | No change |
| TLT iShares 20+ Year Treasury BD | 0.11% | 4,491 | $401K | Add +4.3% |
| IVW iShares S&P 500 Growth ETF | 0.11% | 3,275 | $395K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.10% | 4,332 | $378K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.10% | 2,120 | $370K | No change |
| DEED First Trust Securitized Plus | 0.10% | 17,164 | $367K | No change |
| OCSL Oaktree Specialty Lending Co. | 0.10% | 27,912 | $364K | Add +11.3% |
Options reported separately and not counted above: QQQ calls ($60K).
Portfolio Sells Q2 2025 → Q3 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -15.1% | 13.90% | −2.96 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -14.2% | 5.83% | −1.17 |
| ARES Ares Management Corp. Class A | Reduce -14.2% | 1.45% | −0.44 |
| VBIL Vanguard 0-3M T-Bill ETF | Reduce -28.3% | 0.69% | −0.30 |
| CLIP Global X 1-3 Month T-Bill | Reduce -14.3% | 0.76% | −0.15 |
| PULS Pgim Ultra Short Bond ETF | Reduce -9.6% | 0.54% | −0.07 |
| MCD McDonald's Corp. | Sold out | 0.00% | −0.07 |
| NMZ Nuveen Muni Hi Inc. Opport | Reduce -16.4% | 0.33% | −0.07 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.3% | 1.84% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -5.6% | 0.44% | −0.05 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -45.5% | 0.04% | −0.04 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Reduce -6.8% | 0.35% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -26.7% | 0.07% | −0.03 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -1.2% | 0.70% | −0.03 |
| EUSA iShares MSCI USA Equal Weigh | Reduce -2.1% | 1.84% | −0.02 |
| SPMC Sound Point Meridian Capital | Reduce -2.6% | 0.15% | −0.01 |
| SPHQ Invesco S&P 500 Quality ETF | Reduce -4.0% | 0.25% | −0.01 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -1.9% | 0.41% | −0.01 |
| VNQ Vanguard Real Estate ETF | Reduce -0.5% | 1.02% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Sold out | 0.00% | −0.01 |
| IJJ iShares S&P Mid-Cap 400 Valu | Sold out | 0.00% | −0.00 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −0.00 |
| IJT iShares S&P Small-Cap 600 GR | Sold out | 0.00% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.0% | 0.14% | −0.00 |
| GILD Gilead Sciences Inc. | Reduce -0.1% | 0.06% | −0.00 |
| IMCG iShares Morningstar Mid-Cap | Sold out | 0.00% | −0.00 |
| MMM 3M Co. | Reduce -0.4% | 0.06% | −0.00 |
| RPG Invesco S&P 500 Pure Growth | Reduce -46.7% | 0.00% | −0.00 |
| RFV Invesco S&P Midcap 400 Pure | Reduce -3.2% | 0.16% | −0.00 |
| AXP American Express Co. | Reduce -1.2% | 0.06% | −0.00 |
| VNQI Vanguard GLBL Ex-US Real Est | Reduce -0.2% | 0.25% | +0.00 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -0.6% | 0.01% | +0.00 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -1.1% | 0.18% | +0.00 |
| VEA Vanguard Ftse Developed ETF | Reduce -1.0% | 0.59% | +0.01 |
| ABBV Abbvie Inc. | Reduce -14.4% | 0.21% | +0.01 |
| AMAT Applied Materials Inc. | Reduce -0.5% | 0.12% | +0.01 |
| GLD SPDR Gold Shares | Reduce -4.1% | 0.31% | +0.02 |
| TSLA Tesla Inc. | Reduce -1.9% | 0.17% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Reduce -0.2% | 0.84% | +0.05 |
| GOOG Alphabet Inc. Class C | Reduce -0.4% | 0.20% | +0.05 |
| IWV iShares Russell 3000 ETF | Reduce -2.2% | 2.28% | +0.06 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.4% | 1.52% | +0.06 |
| GOOGL Alphabet Inc. Class A | Reduce -1.2% | 0.27% | +0.07 |
| QUAL iShares MSCI USA Quality Fac | Reduce -0.4% | 2.46% | +0.07 |
| NVDA Nvidia Corp. | Reduce -0.3% | 0.82% | +0.10 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.1% | 6.05% | +0.32 |
Portfolio Buys Q2 2025 → Q3 2025
| IEMG iShares Core MSCI Emerging | Add +3.0% | 5.29% | +0.47 |
| QQQM Invesco Nasdaq 100 ETF | Add +2.8% | 5.40% | +0.43 |
| VOO Vanguard S&P 500 ETF | Add +1.5% | 5.03% | +0.29 |
| PAAA Pgim Aaa Clo ETF | Add +82.1% | 0.66% | +0.29 |
| AAPL Apple Inc. | Add +6.9% | 1.28% | +0.29 |
| IDEV iShares Core MSCI Dev MKTS | Add +6.3% | 3.13% | +0.25 |
| FDLO Fidelity Low Volat Fact ETF | Add +4.9% | 3.07% | +0.20 |
| DFIV Dimensional International Va | Add +60.1% | 0.42% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +22.8% | 0.74% | +0.16 |
| IAUM iShares Gold Trust Micro | Add +8.5% | 0.81% | +0.15 |
| JQUA JPMorgan US Quality Factor | Add +6.1% | 2.05% | +0.15 |
| AVUV Avantis US Small Cap Value | Add +1.5% | 2.06% | +0.15 |
| JPIB JPMorgan Intl BND ETF | Add +13.0% | 1.32% | +0.13 |
| BA The Boeing Co. | Add +189.4% | 0.17% | +0.12 |
| AVLV Avantis US Large Cap Value | New | 0.11% | +0.11 |
| AVGO Broadcom Inc. | Add +13.1% | 0.46% | +0.11 |
| EMBD Global X Emerging Markets BD | Add +9.4% | 1.33% | +0.10 |
| MINT PIMCO Enhanced Short Maturit | New | 0.09% | +0.09 |
| APH Amphenol Corp. Class A | New | 0.08% | +0.08 |
| DFAT Dimensional US Target Value | Add +67.1% | 0.18% | +0.08 |
| KBDC Kayne Anderson BDC Inc. | New | 0.07% | +0.07 |
| CTAS Cintas Corp. | New | 0.06% | +0.06 |
| MSFT Microsoft Corp. | Add +3.3% | 1.38% | +0.06 |
| ECL Ecolab Inc. | New | 0.06% | +0.06 |
| SBUX Starbucks Corp. | New | 0.05% | +0.05 |
| WMT Walmart Inc. | Add +36.9% | 0.15% | +0.04 |
| IYR iShares US Real Estate ETF | Add +3.5% | 1.33% | +0.04 |
| STX Seagate Technology Holdings | Add +1.5% | 0.09% | +0.04 |
| SPSB SS SPDR P St C Corp. ETF | Add +33.1% | 0.15% | +0.04 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +9.2% | 0.46% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.71% | +0.03 |
| DFUV Dimensional US Marketwide Va | Add +11.7% | 0.26% | +0.03 |
| SEVN Seven Hills Realty Trust | New | 0.03% | +0.03 |
| DIHP Dimensional International Hi | New | 0.03% | +0.03 |
| AGG iShares Core U.S. Aggregate | Add +6.5% | 0.68% | +0.03 |
| ORCL Oracle Corp. | Add +0.2% | 0.13% | +0.03 |
| COST Costco Wholesale Corp. | Add +36.6% | 0.13% | +0.03 |
| AVEM Avantis Emerging Markets Eq | New | 0.02% | +0.02 |
| IFGL iShares International Develo | Add +5.0% | 0.75% | +0.02 |
| TIPX SS SPDR BB 1-10YR Tips ETF | Add +72.1% | 0.06% | +0.02 |
| HD Home Depot Inc. | Add +7.7% | 0.16% | +0.02 |
| OMFL Invesco Russell 1000 DYN M/F | Add +1.0% | 0.97% | +0.02 |
| CSCO Cisco Systems Inc. | Add +34.0% | 0.10% | +0.02 |
| VXUS Vanguard Total Intl Stock | Add +8.3% | 0.17% | +0.02 |
| MUB iShares National Muni Bond E | Add +4.3% | 0.50% | +0.02 |
| DFCF Dimensional Core Fixed Inc. | New | 0.01% | +0.01 |
| MA Mastercard Inc. Class A | Add +18.7% | 0.09% | +0.01 |
| MS Morgan Stanley | Add +2.3% | 0.08% | +0.01 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +142.7% | 0.01% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +6.4% | 0.07% | +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 |