Sovereign Investment Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Sovereign Investment Advisors, LLC reported 39 stock positions worth $399.8 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 15.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 7.7%) and iShares Core MSCI Eafe ETF (IEFA, 7.2%). Compared with Q3 2025, it opened 5 new positions, sold out of 1, added to 17 and reduced 16. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +6763%) and the biggest sale iShares MSCI USA Min Vol Fac (USMV, shares −66%).
- Most Recent 13F
- Q2 2026
- Location
- PHOENIX, AZ
- CIK
- 0001908165
- Portfolio Value
- $399.8M (Q4 2025)
- SEC Filing
- 0001908165-26-000002 ↗ filed Feb 13, 2026
Holdings Value
Holdings 39 stocks · $399.8M
| IVV iShares Core S&P 500 ETF | 15.53% | 90,638 | $62.1M | Add +10.0% |
| QQQ Invesco QQQ Trust Series 1 | 7.73% | 50,303 | $30.9M | Add +6762.6% |
| IEFA iShares Core MSCI Eafe ETF | 7.19% | 321,228 | $28.7M | Add +13.7% |
| VNLA Janus Henderson Short Durati | 7.10% | 578,033 | $28.4M | Reduce -9.4% |
| BKGI BNY Mellon GLBL Infra Inc. | 6.91% | 681,004 | $27.6M | Add +8.4% |
| MPLX MPLX LP | 4.97% | 372,208 | $19.9M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.85% | 28,349 | $19.4M | Add +31.0% |
| USMV iShares MSCI USA Min Vol Fac | 3.63% | 153,932 | $14.5M | Reduce -65.8% |
| IEMG iShares Core MSCI Emerging | 3.25% | 193,455 | $13.0M | Add +146.6% |
| JAAA Janus Henderson Aaa Clo ETF | 3.25% | 256,802 | $13.0M | Reduce -29.3% |
| BND Vanguard Total Bond Market | 2.95% | 159,200 | $11.8M | Add +0.7% |
| WES Western Midstream Partners L | 2.70% | 273,192 | $10.8M | Reduce -0.5% |
| EPD Enterprise Products Partners | 2.65% | 330,808 | $10.6M | Reduce -0.5% |
| VTI VG Morningstar TS MKT ETF-US | 2.51% | 29,908 | $10.0M | Reduce -3.7% |
| PAA Plains All Amer Pipeline LP | 2.36% | 526,412 | $9.5M | Reduce -0.5% |
| SMTH Alps SMTH Cor BD Plus ETF | 2.28% | 349,695 | $9.1M | Reduce -9.3% |
| VMBS Vanguard Mortgage-Backed Sec | 2.01% | 170,933 | $8.0M | Add +1.3% |
| OKE Oneok Inc. | 1.75% | 95,402 | $7.0M | Reduce -0.5% |
| AGG iShares Core U.S. Aggregate | 1.72% | 68,708 | $6.9M | Add +0.6% |
| BIV Vanguard Intermediate-Term B | 1.67% | 85,720 | $6.7M | Add +1.4% |
| LVHD Franklin U.S. Low Volatility | 1.53% | 151,971 | $6.1M | Add +0.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.47% | 64,447 | $5.9M | Add +30.9% |
| PSX Phillips 66 | 1.35% | 41,941 | $5.4M | Reduce -0.5% |
| IVW iShares S&P 500 Growth ETF | 1.30% | 42,316 | $5.2M | New |
| IDEV iShares Core MSCI Dev MKTS | 1.20% | 57,927 | $4.8M | New |
| JNK SS SPDR BB High Yield Bond | 1.19% | 49,017 | $4.8M | Add +2.2% |
| VXUS Vanguard Total Intl Stock | 1.14% | 60,218 | $4.5M | Add +1.4% |
| TRP TC Energy Corp. | 0.73% | 52,566 | $2.9M | Reduce -4.9% |
| SPLV Invesco S&P 500 Low Volatili | 0.67% | 37,409 | $2.7M | Reduce -23.4% |
| SUN Sunoco LP | 0.54% | 41,400 | $2.2M | Reduce -4.9% |
| IJT iShares S&P Small-Cap 600 GR | 0.41% | 11,649 | $1.6M | Add +0.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.39% | 19,667 | $1.6M | Add +22.7% |
| VWO Vanguard Ftse Emerging Marke | 0.39% | 28,670 | $1.5M | Add +1.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.21% | 18,067 | $841K | New |
| VTHR Vanguard Russell 3000 | 0.16% | 2,152 | $646K | New |
| DFAS Dimensional US Small Cap ETF | 0.10% | 5,546 | $386K | Reduce -19.2% |
| EEM iShares MSCI Emerging Market | 0.08% | 5,601 | $306K | New |
| SOBO South Bow Corp. | 0.07% | 10,513 | $295K | Reduce -4.8% |
| RSP Invesco S&P 500 Equal Weight | 0.05% | 1,143 | $219K | No change |
Portfolio Sells Q3 2025 → Q4 2025
| USMV iShares MSCI USA Min Vol Fac | Reduce -65.8% | 3.63% | −8.06 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -29.3% | 3.25% | −1.78 |
| VNLA Janus Henderson Short Durati | Reduce -9.4% | 7.10% | −1.47 |
| SMTH Alps SMTH Cor BD Plus ETF | Reduce -9.3% | 2.28% | −0.47 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -23.4% | 0.67% | −0.31 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.7% | 2.51% | −0.27 |
| WES Western Midstream Partners L | Reduce -0.5% | 2.70% | −0.24 |
| PSX Phillips 66 | Reduce -0.5% | 1.35% | −0.21 |
| EPD Enterprise Products Partners | Reduce -0.5% | 2.65% | −0.18 |
| OKE Oneok Inc. | Reduce -0.5% | 1.75% | −0.15 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.14 |
| MPLX MPLX LP | Reduce -0.5% | 4.97% | −0.13 |
| PAA Plains All Amer Pipeline LP | Reduce -0.5% | 2.36% | −0.10 |
| TRP TC Energy Corp. | Reduce -4.9% | 0.73% | −0.09 |
| SUN Sunoco LP | Reduce -4.9% | 0.54% | −0.05 |
| DFAS Dimensional US Small Cap ETF | Reduce -19.2% | 0.10% | −0.03 |
| SOBO South Bow Corp. | Reduce -4.8% | 0.07% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Add +6762.6% | 7.73% | +7.61 |
| IEMG iShares Core MSCI Emerging | Add +146.6% | 3.25% | +1.84 |
| IVW iShares S&P 500 Growth ETF | New | 1.30% | +1.30 |
| IDEV iShares Core MSCI Dev MKTS | New | 1.20% | +1.20 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +31.0% | 4.85% | +0.91 |
| IVV iShares Core S&P 500 ETF | Add +10.0% | 15.53% | +0.49 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.7% | 7.19% | +0.46 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +30.9% | 1.47% | +0.24 |
| BKGI BNY Mellon GLBL Infra Inc. | Add +8.4% | 6.91% | +0.23 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.21% | +0.21 |
| VTHR Vanguard Russell 3000 | New | 0.16% | +0.16 |
| EEM iShares MSCI Emerging Market | New | 0.08% | +0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +22.7% | 0.39% | +0.04 |
| VWO Vanguard Ftse Emerging Marke | Add +1.9% | 0.39% | −0.03 |
| IJT iShares S&P Small-Cap 600 GR | Add +0.3% | 0.41% | −0.04 |
| VXUS Vanguard Total Intl Stock | Add +1.4% | 1.14% | −0.05 |
| JNK SS SPDR BB High Yield Bond | Add +2.2% | 1.19% | −0.09 |
| BIV Vanguard Intermediate-Term B | Add +1.4% | 1.67% | −0.13 |
| VMBS Vanguard Mortgage-Backed Sec | Add +1.3% | 2.01% | −0.15 |
| AGG iShares Core U.S. Aggregate | Add +0.6% | 1.72% | −0.15 |
| LVHD Franklin U.S. Low Volatility | Add +0.8% | 1.53% | −0.17 |
| BND Vanguard Total Bond Market | Add +0.7% | 2.95% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 109 | $532.7M | IVV, QQQ, SPY, IEFA, BKGI |
| Q1 2026 | 106 | $472.1M | IVV, BKGI, QQQ, IEFA, SPY |
| Q4 2025 | 39 | $399.8M | IVV, QQQ, IEFA, VNLA, BKGI |
| Q3 2025 | 35 | $366.5M | IVV, USMV, VNLA, IEFA, BKGI |
| Q2 2025 | 36 | $363.6M | IVV, USMV, VNLA, BKGI, IEFA |
| Q1 2025 | 33 | $287.3M | IVV, VNLA, USMV, JAAA, IEFA |
| Q4 2024 | 93 | $336.1M | IVV, VNLA, USMV, MPLX, JAAA |
| Q3 2024 | 34 | $304.9M | IVV, VNLA, USMV, JAAA, IEFA |
| Q2 2024 | 33 | $268.2M | IVV, VNLA, USMV, JAAA, IEFA |
| Q1 2024 | 34 | $289.9M | IVV, VNLA, USMV, JAAA, IEFA |