Scarborough Advisors, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Scarborough Advisors, LLC reported 467 stock positions worth $504.2 million. Its top holding was SS SPDR P S&P 500 Value ETF (SPYV) at 11.5% of the portfolio, followed by Invesco Nasdaq 100 ETF (QQQM, 9.5%) and iShares MSCI USA Quality Fac (QUAL, 9.1%). Compared with Q1 2025, it opened 390 new positions, sold out of 41, added to 34 and reduced 37. The biggest buy was SS SPDR P S&P 500 Value ETF (SPYV, shares +40%) and the biggest sale an exit from Schwab US Large-Cap ETF (SCHX).

Most Recent 13F
Q2 2026
Location
ANNAPOLIS, MD
CIK
0001815355
Portfolio Value
$504.2M (Q2 2025)
SEC Filing
0001815355-25-000004 ↗ filed Aug 5, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $216.0M Q1 2024 Q2 2024: $243.2M Q2 2024 Q3 2024: $618.7M Q3 2024 Q4 2024: $707.6M Q4 2024 Q1 2025: $702.1M Q1 2025 Q2 2025: $504.2M $504.2M Q2 2025 Q3 2025: $566.8M Q3 2025 Q4 2025: $592.4M Q4 2025 Q1 2026: $913.6M Q1 2026 Q2 2026: $870.9M Q2 2026

Holdings 467 stocks · $504.2M

SPYV SS SPDR P S&P 500 Value ETF 11.49% 1,106,745 $57.9M Add +39.7%
QQQM Invesco Nasdaq 100 ETF 9.54% 211,840 $48.1M Add +13.5%
QUAL iShares MSCI USA Quality Fac 9.13% 251,710 $46.0M Reduce -5.0%
DYNF Ishrs US E F R A ETF-Usd Inc. 7.60% 703,157 $38.3M Add +0.1%
IEMG iShares Core MSCI Emerging 5.71% 479,460 $28.8M Add +147.1%
SPYM Ste STR SPDR PT S&P 500 ETF 4.99% 345,895 $25.1M Reduce -14.0%
FTCS First Trust Capital Strength 4.35% 241,107 $21.9M Add +5.9%
RECS Columbia Resear Enh Cor ETF 4.14% 567,951 $20.9M Add +30.3%
THRO iShares U.S. Thematic Rotati 3.40% 481,357 $17.1M Add +49.2%
BINC iShares Flex I A ETF-Usd Inc. 2.81% 268,370 $14.2M Add +16.1%
RDVY First Trust Rising Dividend 2.49% 199,703 $12.5M Reduce -11.4%
JAAA Janus Henderson Aaa Clo ETF 2.33% 231,478 $11.7M Add +14.6%
MTUM iShares MSCI USA Momentum Fa 2.31% 48,487 $11.7M Reduce -1.7%
GLD SPDR Gold Shares 2.16% 35,659 $10.9M Reduce -4.8%
JPST JPMorgan Ultra-Short Income 1.96% 195,260 $9.9M Add +63.4%
IEFA iShares Core MSCI Eafe ETF 1.85% 111,877 $9.3M Add +21.0%
GOVI Invesco Equal Weight 0-30 YR 1.74% 319,955 $8.8M Reduce -23.3%
SPTL SS SPDR PF LNG TRM TSY E-Usd 1.61% 306,504 $8.1M Add +275.2%
FALN iShares Fallen Angels ETF 1.31% 244,253 $6.6M Add +14.4%
XLE SS Energy Select Sector 1.28% 75,972 $6.4M Reduce -0.7%
BAI Ishrs AI in and Tech Act ETF 1.23% 215,020 $6.2M New
JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F 0.98% 83,493 $4.9M Add +29.4%
BNDX Vanguard Total Intl Bond ETF 0.87% 88,621 $4.4M New
FLOT iShares Floating Rate Bond E 0.86% 85,215 $4.3M Add +1.7%
NVDA Nvidia Corp. 0.68% 21,610 $3.4M Reduce -3.4%
FLRT Pacer Aristotle Pacific Floa 0.67% 70,759 $3.4M Add +28.3%
AAPL Apple Inc. 0.62% 15,265 $3.1M Reduce -4.3%
IAGG iShares Intl Aggregate Bond 0.61% 60,661 $3.1M New
GTO Invesco Total Return Bond Et 0.59% 63,313 $3.0M Reduce -0.3%
AIQ Global X Art Intel & Tech 0.58% 66,743 $2.9M New
DBMF Imgp Dbi MFT STR ETF-Usd Inc. 0.58% 113,140 $2.9M Reduce -6.4%
IAUM iShares Gold Trust Micro 0.56% 86,033 $2.8M Reduce -6.4%
AMZN Amazon.com Inc. 0.53% 12,153 $2.7M Reduce -2.5%
BTT BlackRock 2030 Muni TRGT TRM 0.51% 118,154 $2.6M Add +0.6%
MINT PIMCO Enhanced Short Maturit 0.36% 18,091 $1.8M Reduce -1.0%
QQQ Invesco QQQ Trust Series 1 0.33% 3,056 $1.7M Add +0.3%
EUAD Select Stoxx Eur Aer DE ETF 0.33% 38,479 $1.7M Add +191.3%
FTSM First Trust Enh Short Mat FD 0.31% 26,246 $1.6M Add +2.4%
XCEM Columbia Em Core Ex-China 0.27% 39,424 $1.3M Add +11.1%
EMXC iShares MSCI Emr MRK Ex Chna 0.24% 19,547 $1.2M Reduce -92.9%
PULS Pgim Ultra Short Bond ETF 0.24% 24,037 $1.2M Add +4.6%
XMVTX BlackRock Munivest Fund II 0.22% 108,313 $1.1M Add +4.2%
RTX RTX Corp. 0.22% 7,520 $1.1M Add +4.7%
COWZ Pacer US Cash Cows 100 ETF 0.22% 19,723 $1.1M Reduce -27.7%
IQLT iShares MSCI International Q 0.21% 24,702 $1.1M Reduce -56.4%
T AT&T Inc. 0.20% 35,389 $1.0M Add +22.1%
EELV Invesco S&P Emerging Markets 0.18% 34,079 $890K Reduce -55.3%
COST Costco Wholesale Corp. 0.14% 733 $725K Add +7.6%
BRK.B Berkshire Hathaway Inc. Class B 0.14% 1,438 $699K Add +103.1%
GOOGL Alphabet Inc. Class A 0.14% 3,878 $683K Reduce -1.1%
MYI BlackRock Muniyield QLTY III 0.13% 63,000 $661K No change
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.12% 13,371 $618K Reduce -18.4%
AVGO Broadcom Inc. 0.12% 2,136 $589K Reduce -8.2%
ICVT iShares Convertible Bond ETF 0.11% 6,193 $558K Reduce -32.0%
SPSM SS SPDR P S&P 600 Small Cap 0.11% 12,900 $550K Reduce -56.5%
JPM JPMorgan Chase & Co. 0.10% 1,810 $525K Reduce -2.5%
AMGN Amgen Inc. 0.10% 1,730 $483K No change
STIP iShares 0-5 Year Tips Bond E 0.09% 4,540 $467K New
TSLA Tesla Inc. 0.09% 1,460 $464K Add +4.3%
VGLT Vanguard Long-Term Treasury 0.09% 8,094 $454K New
GM General Motors Co. 0.09% 9,191 $452K Reduce -1.6%
GOOG Alphabet Inc. Class C 0.09% 2,532 $449K Reduce -5.9%
V Visa Inc. Class A 0.09% 1,233 $438K Add +4.0%
PTF Invesco Dorsey Wright Tech 0.08% 6,080 $415K Reduce -93.0%
JQUA JPMorgan US Quality Factor 0.08% 6,644 $399K Reduce -6.6%
MHD BlackRock Muniholdings Fund 0.08% 35,000 $392K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.08% 6,987 $380K Add +0.0%
PLTR Palantir Technologies Inc. Class A 0.07% 2,696 $368K Add +11.9%
MDY State Street SPDR S&P Midcap 0.07% 603 $342K Reduce -1.8%
ONEV SS SPDR R1000 Lo Vol Foc ETF 0.07% 2,632 $340K Reduce -1.8%
BFK BlackRock Municipal Inc. TRST 0.06% 34,000 $326K No change
ABBV Abbvie Inc. 0.06% 1,707 $317K Add +3.8%
IFRA iShares US Infrastructure 0.06% 6,374 $314K Reduce -1.7%
MPC Marathon Petroleum Corp. 0.06% 1,797 $299K Add +0.4%
XMMO Invesco S&P Midcap Momentum 0.06% 2,277 $293K Reduce -91.0%
META Meta Platforms Inc. Class A 0.06% 394 $291K Add +4.5%
VLTO Veralto Corp. 0.05% 2,700 $273K No change
IQI Invesco Quality Muni Inc. TR 0.05% 29,000 $272K No change
SGOV iShares 0-3 Month Treasury B 0.05% 2,622 $264K New
ESGU iShares ESG Aware MSCI USA 0.04% 1,648 $223K New
COP Conocophillips 0.04% 2,247 $202K Reduce -14.6%
XOM Exxon Mobil Corp. 0.04% 1,851 $200K New
SLV iShares Silver Trust 0.04% 6,078 $199K New
CRWD CrowdStrike Holdings Inc. Class A 0.03% 329 $168K New
FTI Technipfmc PLC 0.03% 4,812 $166K New
XAR SS SPDR S&P Aerospace Def 0.03% 770 $162K New
BA The Boeing Co. 0.03% 775 $162K New
ABT Abbott Laboratories 0.03% 1,192 $162K New
SPYG SS SPDR P S&P 500 Growth ETF 0.03% 1,651 $157K New
DGRW Wisdomtree U.S. Quality Divi 0.03% 1,879 $157K New
BIL SS SPDR BB 1-3M T-Bill ETF 0.03% 1,704 $156K New
SPGP Invesco S&P 500 Garp ETF 0.03% 1,412 $152K New
BKH Black Hills Corp. 0.03% 2,514 $141K New
XLC SS Comm Select Sector SPDR 0.03% 1,289 $140K New
FIXD First Trust Smith Opportunis 0.03% 3,143 $138K New
ORCL Oracle Corp. 0.03% 622 $136K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.03% 2,804 $133K New
VCLT Vanguard Long-Term Corp. Bond 0.02% 1,593 $121K New
SPY SS SPDR S&P 500 ETF Trust-US 0.02% 183 $113K New
VZ Verizon Communications Inc. 0.02% 2,592 $112K New
GS Goldman Sachs Group Inc. 0.02% 150 $106K New
HEFA Isha Curr Hedged MSCI Eafe 0.02% 2,641 $100K Reduce -97.8%
CMCSA Comcast Corp. Class A 0.02% 2,801 $100K New
CSCO Cisco Systems Inc. 0.02% 1,398 $97K New
MMM 3M Co. 0.02% 623 $95K New
ETN Eaton Corp. PLC 0.02% 265 $95K New
MOAT Vaneck Morningstar Wide Moat 0.02% 981 $92K New
EAGG iShares ESG Aware US Aggrega 0.02% 1,846 $88K New
AUB Atlantic Union Bankshares Co. 0.02% 2,780 $87K New
MO Altria Group Inc. 0.02% 1,474 $86K New
SRLN SS Blackstone Sr Loan ETF 0.02% 1,936 $81K New
AMD Advanced Micro Devices 0.02% 566 $80K New
MELI MercadoLibre Inc. 0.02% 30 $78K New
KMI Kinder Morgan Inc. 0.02% 2,592 $76K New
BUFC AB Conservative Buffer ETF filed as AB ACTIVE ETFS INC 0.01% 1,905 $75K New
ADX Adams Diversified Equity 0.01% 3,294 $72K New
ESGD iShares Trust iShares ESG Aw 0.01% 801 $71K New
PSA Public Storage 0.01% 242 $71K New
WM Waste Management Inc. 0.01% 311 $71K New
AEE Ameren Corporation 0.01% 735 $71K New
HYDB iShares High Yield Systemati 0.01% 1,423 $68K New
XLK SS Technology Select Sector 0.01% 258 $65K New
MRK Merck & Co. Inc. 0.01% 813 $64K New
XLF SS Financial Select Sector 0.01% 1,214 $64K New
BUFR FT Vest Lad Buffervetf-Usd I 0.01% 1,994 $63K New
RCL Royal Caribbean Cruises Ltd. 0.01% 201 $63K New
AVUV Avantis US Small Cap Value 0.01% 669 $61K New
YUMC Yum China Holdings Inc. 0.01% 1,333 $60K New
JMBS Janus Henderson Mortg Backed 0.01% 1,300 $59K New
ET Energy Transfer LP 0.01% 3,114 $56K Reduce -87.3%
IBIT iShares Bitcoin Trust ETF 0.01% 906 $55K New
FXB Invesco Currencyshares Briti 0.01% 400 $53K New
MA Mastercard Inc. Class A 0.01% 93 $52K New
ESGE iShares Inc. iShares ESG Awar 0.01% 1,293 $51K New
DIREXION DLY S&P 500 BEAR 3X 0.01% 10,750 $50K New
AXP American Express Co. 0.01% 156 $50K New
AUSF Global X Adaptive US Factor 0.01% 1,100 $49K New
LNG Cheniere Energy Inc. 0.01% 200 $49K New
CB Chubb Ltd. 0.01% 167 $48K New
UNH Unitedhealth Group Inc. 0.01% 154 $48K New
VGT Vanguard Info Tech ETF 0.01% 72 $48K New
EDIV State Street SPDR S&P Emergi 0.01% 1,238 $47K New
TMFG Motley Fool Global Opp 0.01% 1,497 $45K New
SPGM State Street SPDR Portfolio 0.01% 659 $45K New
DTM DT Midstream Inc. 0.01% 407 $45K New
VFH Vanguard Financials ETF 0.01% 339 $43K New
HASI Ha Sustainable Infrastructur 0.01% 1,575 $42K New
WELL Welltower Inc. 0.01% 267 $41K New
NFLX Netflix Inc. 0.01% 30 $40K New
ARKQ ARK Autonomous Tech & Robot 0.01% 425 $38K New
HODL Vaneck Bitcoin ETF 0.01% 1,235 $38K New
RCS PIMCO Strategic Income Fund 0.01% 5,369 $37K New
TFLO iShares Treasury Floating Ra 0.01% 712 $36K New
APAM Artisan Partners Asset Ma -A 0.01% 789 $35K New
DUK Duke Energy Corp. 0.01% 291 $34K New
FEX First Trust Large Cap Core A 0.01% 306 $34K New
RDW Redwire Corp. 0.01% 2,001 $33K New
BKR Baker Hughes Co. 0.01% 840 $32K New
PTON Peloton Interactive Inc. Class A 0.01% 4,500 $31K New
GSY Invesco Ultra Short Duration 0.01% 615 $31K Reduce -98.8%
BX Blackstone Inc. 0.01% 200 $30K New
ADBE Adobe Inc. 0.01% 76 $29K New
VHT Vanguard Health Care ETF 0.01% 117 $29K New
ELV Elevance Health Inc. 0.01% 75 $29K New
DEED First Trust Securitized Plus 0.01% 1,364 $29K New
CWEN Clearway Energy Inc. Class C 0.01% 900 $29K New
AME Ametek Inc. 0.01% 157 $28K New
LNT Alliant Energy Corp. 0.01% 456 $28K New
SUSC iShares ESG Aware Usd Corpor 0.01% 1,135 $26K New
CWI State Street SPDR MSCI Acwi 0.01% 800 $26K New
DELL Dell Technologies -C 0.01% 212 $26K New
GEV GE Vernova Inc. 0.01% 49 $26K New
IGEB iShares Investment Grade SYS 0.01% 571 $26K New
ADP Automatic Data Processing 0.01% 81 $25K New
WEC WEC Energy Group Inc. 0.00% 230 $24K New
EIPI FT Energy Income ETF 0.00% 1,207 $24K New
MNA Nylim Merger Arbtrage ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET 0.00% 673 $24K New
CRDF Cardiff Oncology Inc. 0.00% 7,502 $24K New
APD Air Products & Chemicals Inc. 0.00% 83 $23K New
ISRG Intuitive Surgical Inc. 0.00% 43 $23K New
FVD First Trust Value Line DVD 0.00% 522 $23K New
BOND PIMCO Active Bond Exchange-T 0.00% 252 $23K New
ARKG ARK Genomic Revolution ETF 0.00% 954 $23K New
DGRO iShares Core Dividend Growth 0.00% 360 $23K New
MIY BlackRock Muniyield Mi QLTY 0.00% 2,074 $23K New
VDE Vanguard Energy ETF 0.00% 192 $23K New
FDX FedEx Corp. 0.00% 100 $23K New
AFL Aflac Inc. 0.00% 215 $23K New
AZO AutoZone Inc. 0.00% 6 $22K New
FIW First Trust Water ETF 0.00% 203 $22K New
GUT Gabelli Utility Trust 0.00% 3,776 $22K New
FTV Fortive Corp. 0.00% 413 $22K Reduce -90.6%
PNFP Pinnacle Financial Partners 0.00% 194 $21K New
UBER Uber Technologies Inc. 0.00% 229 $21K New
XBI SS SPDR S&P Biotech ETF 0.00% 257 $21K New
IONQ Ionq Inc. 0.00% 493 $21K New
VCR Vanguard Consumer Discre ETF 0.00% 58 $21K New
TGT Target Corp. 0.00% 210 $21K New
DEO Diageo PLC-Sponsored ADR 0.00% 203 $21K New
WCN Waste Connections Inc. 0.00% 109 $20K New
BGRN iShares Usd Green Bond ETF 0.00% 425 $20K New
VRTX Vertex Pharmaceuticals Inc. 0.00% 44 $20K New
XEL Xcel Energy Inc. 0.00% 285 $19K New
FTNT Fortinet Inc. 0.00% 174 $18K New
AGNT Agnt Inc. filed as EXP WORLD HLDGS INC 0.00% 2,000 $18K New
RGTI Rigetti Computing Inc. 0.00% 1,519 $18K New
TRV The Travelers Cos Inc. 0.00% 66 $18K New
XLU St Sr Utl SL SE SPDR ETF-Usd 0.00% 211 $17K New
MCK McKesson Corp. 0.00% 23 $17K New
VLO Valero Energy Corp. 0.00% 124 $17K New
SYF Synchrony Financial 0.00% 248 $17K New
GRW TCW Durable Growth ETF 0.00% 469 $16K New
CRWV Coreweave Inc. Class A 0.00% 100 $16K New
XRT SS SPDR S&P Retail ETF 0.00% 211 $16K New
AMT American Tower Corp. 0.00% 72 $16K New
CHKP Check Point Software Tech 0.00% 71 $16K New
SPLV Invesco S&P 500 Low Volatili 0.00% 216 $16K New
GENI Genius Sports Ltd. 0.00% 1,475 $15K New
TLN Talen Energy Corp. 0.00% 51 $15K New
CLOI Vaneck Clo ETF 0.00% 278 $15K New
BN Brookfield Corp. 0.00% 235 $15K New
AMP Ameriprise Financial Inc. 0.00% 27 $14K New
CTRE Caretrust REIT Inc. 0.00% 467 $14K New
XLV SS Health Care Select Sector 0.00% 105 $14K New
VSDA Victoryshares Dividend Accel 0.00% 263 $14K New
ZS Zscaler Inc. 0.00% 43 $13K New
SOFI Sofi Technologies Inc. 0.00% 729 $13K New
ARTY iShares Future AI & Tech ETF 0.00% 322 $13K New
CGGR Cap Group Growth Equity 0.00% 300 $12K New
EXC Exelon Corp. 0.00% 278 $12K New
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.00% 300 $12K New
NTAP Netapp Inc. 0.00% 111 $12K New
BBY Best Buy Co. Inc. 0.00% 176 $12K New
SOLV Solventum Corp. 0.00% 155 $12K New
AB Alliancebernstein Holding LP 0.00% 279 $11K New
SHYG iShares 0-5 YR HY Corp. Bond 0.00% 248 $11K New
UFOX Defiance Space and Connectiv 0.00% 200 $11K New
CPA Copa Holdings SA Class A 0.00% 95 $10K New
XTEN Bondbloxx BBG 10Y US TSY ETF 0.00% 222 $10K New
BST BlackRock Science & Tech TR 0.00% 259 $10K New
COR Cencora Inc. 0.00% 32 $10K New
COIN Coinbase Global Inc. Class A 0.00% 27 $9K New
RSPH Invesco S&P 500 Equal Weight 0.00% 323 $9K New
MUE BlackRock Munihold QLT FD II 0.00% 962 $9K New
PHO Invesco Water Resources ETF 0.00% 132 $9K New
VCIT Vanguard Int-Term Corporate 0.00% 110 $9K New
ALAB Astera Labs Inc. 0.00% 100 $9K New
GRAB Grab Holdings Ltd. Class A 0.00% 1,793 $9K New
CARR Carrier Global Corp. 0.00% 122 $9K New
TKO Tko Group Holdings Inc. 0.00% 49 $9K New
XLP SS Consumer Staples Sel Sect 0.00% 108 $9K New
NULG Nuveen ESG LRG-Cap GRW ETF 0.00% 92 $9K New
AZN Astrazeneca PLC-Spons ADR 0.00% 120 $8K New
ACN Accenture PLC Class A 0.00% 28 $8K New
SDY SS SPDR S&P Dividend ETF 0.00% 58 $8K New
PFGC Performance Food Group Co. 0.00% 90 $8K New
B Barrick Mining Corp. 0.00% 375 $8K New
ADSK Autodesk Inc. 0.00% 25 $8K New
GSK GSK PLC-Spon ADR 0.00% 200 $8K New
RXRX Recursion Pharmaceuticals-A 0.00% 1,510 $8K New
CRM Salesforce Inc. 0.00% 28 $8K New
GEHC GE Healthcare Technology 0.00% 103 $8K New
ABNB Airbnb Inc. Class A 0.00% 57 $8K New
XLG Invesco S&P 500 Top 50 ETF 0.00% 142 $7K New
HPQ HP Inc. 0.00% 300 $7K New
ADM Archer-Daniels-Midland Co. 0.00% 137 $7K New
EVR Evercore Inc. Class A 0.00% 26 $7K New
DGX Quest Diagnostics Inc. 0.00% 37 $7K New
NZF Nuveen Municipal Credit Inc. 0.00% 547 $7K New
NCLH Norwegian Cruise Line Holdin 0.00% 320 $6K New
RF Regions Financial Corp. 0.00% 268 $6K New
SROI Calms Antko GLB Sust Eqy ETF 0.00% 194 $6K New
SLYG SS SPDR S&P 600 SC GR ETF 0.00% 69 $6K New
CYBR Cyberark Software Ltd./Israel 0.00% 15 $6K New
QS Quantumscape Corp. 0.00% 908 $6K New
MDYV SS SPDR S&P 400 MC Val ETF 0.00% 77 $6K New
AEM Agnico Eagle Mines Ltd. 0.00% 51 $6K New
GRID First TRST Nasd Class Edg Sgiif 0.00% 41 $6K New
BIP Brookfield Infrastructure Pa 0.00% 171 $6K New
PYPL PayPal Holdings Inc. 0.00% 77 $6K New
DBX Dropbox Inc. Class A 0.00% 200 $6K New
AEP American Electric Power 0.00% 55 $6K New
ZBH Zimmer Biomet Holdings Inc. 0.00% 62 $6K New
VIS Vanguard Industrials ETF 0.00% 20 $6K New
RWO State Street SPDR Dow Jones 0.00% 128 $6K New
AI C3.AI Inc. Class A 0.00% 228 $6K New
SMH Vaneck Semiconductor ETF 0.00% 20 $6K New
DD Dupont DE Nemours Inc. 0.00% 81 $6K New
SPMO Invesco S&P 500 Momentum ETF 0.00% 48 $5K New
SLYV SS SPDR S&P 600 SC Val ETF 0.00% 68 $5K New
TFC Truist Financial Corp. 0.00% 125 $5K New
BEP Brookfield Renewable Partner 0.00% 210 $5K New
RPG Invesco S&P 500 Pure Growth 0.00% 115 $5K New
QTUM Defiance Quantum ETF 0.00% 57 $5K New
ALL Allstate Corp. 0.00% 26 $5K New
BAH Booz Allen Hamilton Holdings 0.00% 50 $5K New
IR Ingersoll-Rand Inc. 0.00% 62 $5K New
NOW ServiceNow Inc. 0.00% 5 $5K New
NEE Nextera Energy Inc. 0.00% 71 $5K New
ENB Enbridge Inc. 0.00% 108 $5K New
MDT Medtronic PLC 0.00% 56 $5K New
ENSG The Ensign Group Inc. 0.00% 31 $5K New
XLRE SS Real Estate Select Sector 0.00% 114 $5K New
NAVI Navient Corp. 0.00% 319 $5K New
AMAT Applied Materials Inc. 0.00% 24 $4K New
ESGG NT Stoxx GLBL ESG ETF 0.00% 23 $4K New
UGL Proshares Ultra Gold 0.00% 116 $4K New
GHI Greystone Housing Impact Inv 0.00% 344 $4K New
NUEM Nuveen ESG Emerging Markets 0.00% 117 $4K New
DHI D.R. Horton Inc. 0.00% 30 $4K New
MET Metlife Inc. 0.00% 48 $4K New
LGND Ligand Pharmaceuticals 0.00% 33 $4K New
AADR Advisorshares Dorsey Wright 0.00% 45 $4K New
AA Alcoa Corp. 0.00% 120 $4K New
ACHR Archer Aviation Inc. Class A 0.00% 320 $3K New
SHOP Shopify Inc. Class A 0.00% 30 $3K New
DWUS Advisorshares D/W FSM Core 0.00% 68 $3K New
CDW CDW Corp. 0.00% 19 $3K New
JOBY Joby Aviation Inc. 0.00% 320 $3K New
EQT Eqt Corp. 0.00% 57 $3K New
BYRN Byrna Technologies Inc. 0.00% 100 $3K New
NULV Nuveen ESG Large-Cap Val ETF 0.00% 73 $3K New
QBTS D-Wave Quantum Inc. 0.00% 206 $3K New
VTRS Viatris Inc. 0.00% 337 $3K New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.00% 31 $3K New
CHE Chemed Corp. 0.00% 6 $3K New
DJT Trump Media & Technology Gro 0.00% 161 $3K New
XHS SS SPDR S&P HC Services ETF 0.00% 29 $3K New
ARKK ARK Innovation ETF 0.00% 41 $3K New
RKT Rocket Cos Inc. Class A 0.00% 200 $3K New
D Dominion Energy Inc. 0.00% 50 $3K New
SVOL Simplify Volatility Premium 0.00% 150 $3K New
ORLY O'reilly Automotive Inc. 0.00% 30 $3K New
VCYT Veracyte Inc. 0.00% 100 $3K New
TRP TC Energy Corp. 0.00% 50 $2K New
OGS One Gas Inc. 0.00% 33 $2K New
BB Blackberry Ltd. 0.00% 498 $2K New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.00% 24 $2K New
PLD Prologis Inc. 0.00% 21 $2K New
ZTS Zoetis Inc. 0.00% 14 $2K New
FNF Fidelity National Financial 0.00% 38 $2K New
ALGN Align Technology Inc. 0.00% 11 $2K New
RSPT Invesco S&P 500 Equal Weight 0.00% 51 $2K New
TAN Invesco Solar ETF 0.00% 60 $2K New
CCI Crown Castle Inc. 0.00% 20 $2K New
BAX Baxter International Inc. 0.00% 67 $2K New
BP BP PLC-Spons ADR 0.00% 66 $2K New
NXPI NXP Semiconductors NV 0.00% 9 $2K New
EQH Equitable Holdings Inc. 0.00% 34 $2K New
AX Axos Financial Inc. 0.00% 25 $2K New
NSTS NSTS Bancorp Inc. 0.00% 150 $2K New
APP AppLovin Corp. Class A 0.00% 5 $2K New
TDC Teradata Corp. 0.00% 76 $2K New
DBRG Digitalbridge Group Inc. 0.00% 162 $2K New
BCC Boise Cascade Co. 0.00% 19 $2K New
SMR Nuscale Power Corp. 0.00% 42 $2K New
JEPI JPMorgan Equity Premium Inco 0.00% 29 $2K New
LI Li Auto Inc. - ADR 0.00% 60 $2K New
DVN Devon Energy Corp. 0.00% 50 $2K New
BMRN Biomarin Pharmaceutical Inc. 0.00% 27 $1K New
SGOL Abrdn Physical Gold Shares 0.00% 44 $1K New
ABEV Ambev SA-ADR 0.00% 553 $1K New
MNST Monster Beverage Corp. 0.00% 21 $1K New
SCCO Southern Copper Corp. 0.00% 12 $1K New
GEO The Geo Group Inc. 0.00% 50 $1K New
IIPR Innovative Industrial Proper 0.00% 21 $1K New
OI O-I Glass Inc. 0.00% 75 $1K New
NATL NCR Atleos Corp. 0.00% 38 $1K New
NVTS Navitas Semiconductor Corp. 0.00% 164 $1K New
VOYG Voyager Technologies Inc. Class A 0.00% 27 $1K New
CXW Corecivic Inc. 0.00% 50 $1K New
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.00% 19 $1K New
SFBS Servisfirst Bancshares Inc. 0.00% 13 $1K New
AIG American International Group 0.00% 11 $941 New
VYX NCR Voyix Corp. 0.00% 76 $891 New
FAF First American Financial 0.00% 14 $830 New
XPEV Xpeng Inc. - ADR 0.00% 46 $822 New
RSPF Invesco S&P 500 Equal Weight 0.00% 10 $761 New
WCC Wesco International Inc. 0.00% 4 $759 New
DASH DoorDash Inc. Class A 0.00% 3 $740 New
VAC Marriott Vacations World 0.00% 10 $723 New
CTVA Corteva Inc. 0.00% 9 $699 New
ACA Arcosa Inc. 0.00% 8 $694 New
BHP BHP Group Ltd.-Spon ADR 0.00% 14 $673 New
MSCI MSCI Inc. 0.00% 1 $577 New
SWKS Skyworks Solutions Inc. 0.00% 8 $568 New
CWH Camping World Holdings Inc. Class A 0.00% 30 $516 New
STLA Stellantis NV 0.00% 51 $512 New
BBAI Bigbear.ai Holdings Inc. 0.00% 75 $509 New
EVTL Vertical Aerospace Ltd. 0.00% 75 $508 New
RIVN Rivian Automotive Inc. Class A 0.00% 36 $495 New
LYB Lyondellbasell Indu Class A 0.00% 8 $490 New
SUSB iShares ESG Aware 1-5 Year U 0.00% 19 $478 New
LIN Linde PLC 0.00% 1 $469 New
ATO Atmos Energy Corp. 0.00% 3 $462 New
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL 0.00% 300 $462 New
XPEL Xpel Inc. 0.00% 12 $431 New
CBRE CBRE Group Inc. Class A 0.00% 3 $420 New
TENB Tenable Holdings Inc. 0.00% 12 $405 New
KKR KKR & Co. Inc. 0.00% 3 $399 New
COCO The Vita Coco Co. Inc. 0.00% 11 $397 New
MRNA Moderna Inc. 0.00% 14 $386 New
HCA HCA Healthcare Inc. 0.00% 1 $383 New
KVUE Kenvue Inc. 0.00% 18 $377 New
ICE Intercontinental Exchange Inc. 0.00% 2 $367 New
AON Aon PLC Class A 0.00% 1 $357 New
VTWO Vanguard Russell 2000 ETF 0.00% 4 $353 New
ANSS Ansys Inc. 0.00% 1 $351 New
U Unity Software Inc. 0.00% 14 $339 New
ES Eversource Energy 0.00% 5 $318 New
JCI Johnson Controls Internation 0.00% 3 $317 New
ALLY Ally Financial Inc. 0.00% 8 $312 New
VRSK Verisk Analytics Inc. 0.00% 1 $312 New
FCX Freeport-McMoran Inc. 0.00% 7 $303 New
AAL American Airlines Group Inc. 0.00% 25 $281 New
OKLO Oklo Inc. 0.00% 5 $280 New
OABI Omniab Inc. 0.00% 161 $280 New
CME Cme Group Inc. 0.00% 1 $276 New
ACGL Arch Capital Group Ltd. 0.00% 3 $273 New
INCY Incyte Corp. 0.00% 4 $272 New
J Jacobs Solutions Inc. 0.00% 2 $263 New
SOBO South Bow Corp. 0.00% 10 $259 New
WPC WP Carey Inc. 0.00% 4 $250 New
WDAY Workday Inc. Class A 0.00% 1 $240 New
AKAM Akamai Technologies Inc. 0.00% 3 $239 New
ADI Analog Devices Inc. 0.00% 1 $238 New
OGN Organon & Co. 0.00% 24 $232 New
ADUS Addus Homecare Corp. 0.00% 2 $230 New
DOUG Douglas Elliman Inc. 0.00% 99 $230 New
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 3 $216 New
NWSA News Corp. Class A 0.00% 7 $208 New
AAP Advance Auto Parts Inc. 0.00% 4 $201 New
OVV Ovintiv Inc. 0.00% 5 $190 New
EPAM Epam Systems Inc. 0.00% 1 $177 New
RSPR Invesco S&P 500 Equal Weight 0.00% 5 $175 New
SBLK Star Bulk Carriers Corp. 0.00% 10 $173 New
HST Host Hotels & Resorts Inc. 0.00% 10 $154 New
NIO Nio Inc. - ADR 0.00% 43 $147 New
ONL Orion Properties Inc. 0.00% 67 $143 New
FIVE Five Below 0.00% 1 $131 New
CLDX Celldex Therapeutics Inc. 0.00% 6 $122 New
MED Medifast Inc. 0.00% 8 $112 New
WEN The Wendy's Co. 0.00% 9 $108 New
BATRK Atlanta Braves Holdings in-C 0.00% 2 $94 New
ARMK Aramark 0.00% 2 $92 New
PLL Piedmont Lithium Inc. 0.00% 14 $81 New
CSGP Costar Group Inc. 0.00% 1 $80 New
EXPO Exponent Inc. 0.00% 1 $75 New
FSLY Fastly Inc. Class A 0.00% 10 $71 New
PL Planet Labs PBC 0.00% 11 $67 New
FG F&G Annuities & Life Inc. 0.00% 2 $64 New
BNT Brookfield Wealth Solutions 0.00% 1 $62 New
VNLA Janus Henderson Short Durati 0.00% 1 $58 New
BATRA Atlanta Braves Holdings in-A 0.00% 1 $49 New
AMTM Amentum Holdings Inc. 0.00% 2 $47 New
CRBP Corbus Pharmaceuticals Holdi 0.00% 6 $41 New
AR Antero Resources Corp. 0.00% 1 $40 New
UNIT Uniti Group LLC Com SHS 0.00% 9 $39 New
ABAT American Battery Technology 0.00% 19 $31 New
CFLT Confluent Inc. Class A 0.00% 1 $25 New
GME Gamestop Corp. Class A 0.00% 1 $24 New
BYND Beyond Meat Inc. 0.00% 6 $21 New
HEALTHY CHOICE WELLNESS CORP 0.00% 52 $21 New
VSTS Vestis Corp. 0.00% 1 $6 New
USMV iShares MSCI USA Min Vol Fac 0.00% 742 $0 New
REET iShares Global REIT ETF 0.00% 13 $0 New
USHY iShares Broad Usd High Yield 0.00% 42 $0 New
Lines left out (1) · $1 — a value with no share or principal amount
SecurityClassSharesValue
GOVT iShares US Treasury Bond ETF US TREAS BD ETF0$1

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $504.2M.

Portfolio Sells Q1 2025 → Q2 2025

SCHX Schwab US Large-Cap ETF Sold out 0.00% −8.72
IGIB iShares 5-10Y Inv Grade Corp. Sold out 0.00% −4.88
TLT iShares 20+ Year Treasury BD Sold out 0.00% −3.98
VOO Vanguard S&P 500 ETF Sold out 0.00% −2.60
IVW iShares S&P 500 Growth ETF Sold out 0.00% −1.93
EMXC iShares MSCI Emr MRK Ex Chna Reduce -92.9% 0.24% −1.91
EFV iShares MSCI Eafe Value ETF Sold out 0.00% −1.68
IVE iShares S&P 500 Value ETF Sold out 0.00% −1.53
SCHZ Schwab US Aggregate Bond ETF Sold out 0.00% −1.43
EFG iShares MSCI Eafe Growth ETF Sold out 0.00% −1.38
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −1.37
IYW iShares Ustechnology ETF Sold out 0.00% −1.31
MSFT Microsoft Corp. Sold out 0.00% −1.20
MBB iShares MBS ETF Sold out 0.00% −0.97
SCHM Schwab US Mid Cap ETF Sold out 0.00% −0.92
DVY iShares Select Dividend ETF Sold out 0.00% −0.68
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.67
PTF Invesco Dorsey Wright Tech Reduce -93.0% 0.08% −0.64
PG The Procter & Gamble Co. Sold out 0.00% −0.62
HEFA Isha Curr Hedged MSCI Eafe Reduce -97.8% 0.02% −0.61
IAU iShares Gold Trust Sold out 0.00% −0.56
OEF iShares S&P 100 ETF Sold out 0.00% −0.52
EMB iShares JP Morgan Usd Emergi Sold out 0.00% −0.41
TLH iShares 10-20 Year Treasury Sold out 0.00% −0.41
LMT Lockheed Martin Corp. Sold out 0.00% −0.40
GSY Invesco Ultra Short Duration Reduce -98.8% 0.01% −0.38
XMMO Invesco S&P Midcap Momentum Reduce -91.0% 0.06% −0.35
VEA Vanguard Ftse Developed ETF Sold out 0.00% −0.24
DHR Danaher Corp. Sold out 0.00% −0.24
SCHA Schwab US Small-Cap ETF Sold out 0.00% −0.14
VUG Vanguard Mrngstar GR ETF-Sui Sold out 0.00% −0.13
IQLT iShares MSCI International Q Reduce -56.4% 0.21% −0.11
VWOB Vanguard Emerg MKTS Gov BND Sold out 0.00% −0.11
HD Home Depot Inc. Sold out 0.00% −0.09
EELV Invesco S&P Emerging Markets Reduce -55.3% 0.18% −0.09
VYM Vanguard High DVD Yield ETF Sold out 0.00% −0.08
WMT Walmart Inc. Sold out 0.00% −0.08
LLY Eli Lilly & Co. Sold out 0.00% −0.07
SPSM SS SPDR P S&P 600 Small Cap Reduce -56.5% 0.11% −0.06
ET Energy Transfer LP Reduce -87.3% 0.01% −0.05
IWF iShares Russell 1000 Growth Sold out 0.00% −0.04
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.04
FTV Fortive Corp. Reduce -90.6% 0.00% −0.04
USFD US Foods Holding Corp. Sold out 0.00% −0.04
INTU Intuit Inc. Sold out 0.00% −0.04
GE General Electric Sold out 0.00% −0.03
MSTR Strategy Inc. Sold out 0.00% −0.03
IBM Intl Business Machines Corp. Sold out 0.00% −0.03
PFE Pfizer Inc. Sold out 0.00% −0.03
F Ford Motor Co. Sold out 0.00% −0.02

Portfolio Buys Q1 2025 → Q2 2025

SPYV SS SPDR P S&P 500 Value ETF Add +39.7% 11.49% +5.73
QQQM Invesco Nasdaq 100 ETF Add +13.5% 9.54% +4.41
IEMG iShares Core MSCI Emerging Add +147.1% 5.71% +4.22
DYNF Ishrs US E F R A ETF-Usd Inc. Add +0.1% 7.60% +2.72
RECS Columbia Resear Enh Cor ETF Add +30.3% 4.14% +2.08
THRO iShares U.S. Thematic Rotati Add +49.2% 3.40% +1.94
FTCS First Trust Capital Strength Add +5.9% 4.35% +1.44
SPTL SS SPDR PF LNG TRM TSY E-Usd Add +275.2% 1.61% +1.30
BAI Ishrs AI in and Tech Act ETF New 1.23% +1.23
JPST JPMorgan Ultra-Short Income Add +63.4% 1.96% +1.10
BINC iShares Flex I A ETF-Usd Inc. Add +16.1% 2.81% +1.09
JAAA Janus Henderson Aaa Clo ETF Add +14.6% 2.33% +0.87
BNDX Vanguard Total Intl Bond ETF New 0.87% +0.87
IEFA iShares Core MSCI Eafe ETF Add +21.0% 1.85% +0.86
IAGG iShares Intl Aggregate Bond New 0.61% +0.61
AIQ Global X Art Intel & Tech New 0.58% +0.58
FALN iShares Fallen Angels ETF Add +14.4% 1.31% +0.50
JMEE JPM Sma & Mid Cap En Eq Et-U Add +29.4% 0.98% +0.47
FLRT Pacer Aristotle Pacific Floa Add +28.3% 0.67% +0.30
EUAD Select Stoxx Eur Aer DE ETF Add +191.3% 0.33% +0.27
FLOT iShares Floating Rate Bond E Add +1.7% 0.86% +0.25
BTT BlackRock 2030 Muni TRGT TRM Add +0.6% 0.51% +0.16
QQQ Invesco QQQ Trust Series 1 Add +0.3% 0.33% +0.13
XCEM Columbia Em Core Ex-China Add +11.1% 0.27% +0.12
FTSM First Trust Enh Short Mat FD Add +2.4% 0.31% +0.09
STIP iShares 0-5 Year Tips Bond E New 0.09% +0.09
VGLT Vanguard Long-Term Treasury New 0.09% +0.09
T AT&T Inc. Add +22.1% 0.20% +0.09
BRK.B Berkshire Hathaway Inc. Class B Add +103.1% 0.14% +0.08
RTX RTX Corp. Add +4.7% 0.22% +0.08
PULS Pgim Ultra Short Bond ETF Add +4.6% 0.24% +0.07
XMVTX BlackRock Munivest Fund II Add +4.2% 0.22% +0.07
SGOV iShares 0-3 Month Treasury B New 0.05% +0.05
COST Costco Wholesale Corp. Add +7.6% 0.14% +0.05
ESGU iShares ESG Aware MSCI USA New 0.04% +0.04
PLTR Palantir Technologies Inc. Class A Add +11.9% 0.07% +0.04
TSLA Tesla Inc. Add +4.3% 0.09% +0.04
XOM Exxon Mobil Corp. New 0.04% +0.04
SLV iShares Silver Trust New 0.04% +0.04
CRWD CrowdStrike Holdings Inc. Class A New 0.03% +0.03
FTI Technipfmc PLC New 0.03% +0.03
ABT Abbott Laboratories New 0.03% +0.03
BA The Boeing Co. New 0.03% +0.03
XAR SS SPDR S&P Aerospace Def New 0.03% +0.03
SPYG SS SPDR P S&P 500 Growth ETF New 0.03% +0.03
DGRW Wisdomtree U.S. Quality Divi New 0.03% +0.03
BIL SS SPDR BB 1-3M T-Bill ETF New 0.03% +0.03
SPGP Invesco S&P 500 Garp ETF New 0.03% +0.03
BKH Black Hills Corp. New 0.03% +0.03
XLC SS Comm Select Sector SPDR New 0.03% +0.03

Notes & Other Activity Q1 2025 → Q2 2025

GOVT iShares US Treasury Bond ETF US TREAS BD ETF New 0 $1

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 147$870.9MQQQM, SCHX, RECS, VOO, SPYM
Q1 2026 758$913.6MSCHX, QQQM, DYNF, IGIB, RWL
Q4 2025 463$592.4MQQQM, DYNF, IEMG, SPYV, QUAL
Q3 2025 469$566.8MQQQM, QUAL, DYNF, IEMG, SPYM
Q2 2025 467$504.2MSPYV, QQQM, QUAL, DYNF, IEMG
Q1 2025 118$702.1MSCHX, QUAL, SPYV, QQQM, IGIB
Q4 2024 110$707.6MSCHX, QUAL, QQQM, SPYV, DYNF
Q3 2024 89$618.7MSCHX, QUAL, DYNF, IGIB, TLT
Q2 2024 454$243.2MQUAL, DYNF, FTCS, EMXC, IQLT
Q1 2024 417$216.0MDYNF, FTCS, QUAL, EMXC, ONEV