Sovran Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 25, 2025), Sovran Advisors, LLC reported 454 stock positions worth $770.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 4.1% of the portfolio, followed by Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 2.5%) and Innovator U.S. Equity Ultra (USEP, 2.4%). Compared with Q4 2024, it opened 72 new positions, sold out of 26, added to 256 and reduced 119. The biggest buy was Qualcomm (QCOM, shares +1543%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- SAN DIEGO, CA
- CIK
- 0002051471
- Portfolio Value
- $770.4M (Q1 2025)
- SEC Filing
- 0002051471-25-000003 ↗ filed Apr 25, 2025
Holdings Value
Holdings 454 stocks · $770.4M
| IVV iShares Core S&P 500 ETF | 4.09% | 59,662 | $31.5M | Reduce -6.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 2.52% | 426,686 | $19.4M | Add +8.8% |
| USEP Innovator U.S. Equity Ultra | 2.40% | 554,660 | $18.5M | Add +6.3% |
| AAPL Apple Inc. | 2.06% | 80,572 | $15.9M | Add +51.3% |
| MSFT Microsoft Corp. | 1.75% | 36,610 | $13.5M | Add +50.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.50% | 22,008 | $11.6M | Add +3.4% |
| IBIT iShares Bitcoin Trust ETF | 1.45% | 230,923 | $11.1M | Add +29.2% |
| NVDA Nvidia Corp. | 1.40% | 106,279 | $10.8M | Reduce -0.6% |
| QUAL iShares MSCI USA Quality Fac | 1.39% | 66,272 | $10.7M | Add +13.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.29% | 22,325 | $9.9M | Add +27.8% |
| CGGR Cap Group Growth Equity | 1.27% | 301,671 | $9.8M | Add +47.2% |
| TLT iShares 20+ Year Treasury BD | 1.26% | 110,905 | $9.7M | Reduce -3.5% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.24% | 207,950 | $9.6M | Add +5.6% |
| IVW iShares S&P 500 Growth ETF | 1.24% | 107,698 | $9.5M | Add +6.7% |
| IONS Ionis Pharmaceuticals Inc. | 1.21% | 328,904 | $9.3M | Add +91.4% |
| JPST JPMorgan Ultra-Short Income | 1.20% | 183,519 | $9.3M | Reduce -8.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.19% | 99,683 | $9.1M | Add +10.7% |
| UDEC Innovator U.S. Equity Ultra | 1.17% | 268,941 | $9.0M | Add +4.8% |
| IVE iShares S&P 500 Value ETF | 1.15% | 49,840 | $8.8M | Add +42.3% |
| GLD SPDR Gold Shares | 1.12% | 28,140 | $8.6M | Add +4.0% |
| LTPZ PIMCO 15+ YR US Tips Indx | 1.11% | 166,455 | $8.6M | Add +11.5% |
| EFV iShares MSCI Eafe Value ETF | 0.95% | 125,286 | $7.3M | Reduce -11.3% |
| BALT Inn Defined Wealth Shield | 0.94% | 232,792 | $7.2M | Add +6.6% |
| AMZN Amazon.com Inc. | 0.90% | 40,107 | $6.9M | Add +21.6% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.88% | 202,074 | $6.8M | Add +27.5% |
| SPGP Invesco S&P 500 Garp ETF | 0.86% | 71,495 | $6.6M | Add +28.3% |
| QCOM Qualcomm Inc. | 0.84% | 47,107 | $6.4M | Add +1543.1% |
| TFLO iShares Treasury Floating Ra | 0.83% | 125,868 | $6.4M | Add +17.9% |
| META Meta Platforms Inc. Class A | 0.80% | 12,280 | $6.2M | Add +144.1% |
| JAAA Janus Henderson Aaa Clo ETF | 0.77% | 117,684 | $5.9M | Reduce -0.9% |
| CGCP Cap Group Core Plus Income | 0.75% | 261,428 | $5.8M | Add +66.7% |
| VNLA Janus Henderson Short Durati | 0.75% | 118,328 | $5.8M | Add +36.3% |
| CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT | 0.70% | 231,197 | $5.4M | Add +26.4% |
| EFG iShares MSCI Eafe Growth ETF | 0.62% | 47,883 | $4.8M | Reduce -34.7% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.60% | 52,709 | $4.7M | Reduce -18.1% |
| PVAL Putnam Focused LRG Cap Value | 0.58% | 126,964 | $4.5M | Add +15.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.58% | 88,924 | $4.5M | Reduce -5.5% |
| DIVO Amplify CWP Enhan Divid ETF | 0.57% | 113,095 | $4.4M | Add +14.8% |
| GGN Gamco GLBL Gold NTRL Res Inc. | 0.57% | 1,013,346 | $4.4M | Add +2.2% |
| MBB iShares MBS ETF | 0.53% | 44,251 | $4.1M | Add +1.0% |
| CAVA Cava Group Inc. | 0.53% | 47,190 | $4.1M | Add +101.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.52% | 15,542 | $4.0M | Add +112.2% |
| IYW iShares Ustechnology ETF | 0.52% | 30,385 | $4.0M | Reduce -1.9% |
| BUFF Innovator Laddered Allocatio | 0.51% | 92,853 | $4.0M | Reduce -24.6% |
| TIPX SS SPDR BB 1-10YR Tips ETF | 0.51% | 208,442 | $4.0M | Add +0.4% |
| TSLA Tesla Inc. | 0.51% | 16,391 | $4.0M | Add +29.7% |
| CELH Celsius Holdings Inc. | 0.50% | 103,405 | $3.9M | Add +24.9% |
| JPEM JPM Diversified Ret Em Equit filed as J P MORGAN EXCHANGE TRADED F | 0.50% | 73,938 | $3.8M | Add +28.9% |
| MUB iShares National Muni Bond E | 0.50% | 37,015 | $3.8M | Reduce -1.3% |
| COF Capital One Financial Corp. | 0.50% | 23,521 | $3.8M | Add +6.7% |
| SMMT Summit Therapeutics Inc. | 0.47% | 146,528 | $3.6M | Add +25.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.45% | 64,270 | $3.5M | Reduce -5.8% |
| SPHD Invesco S&P 500 High Dividen | 0.45% | 72,767 | $3.4M | Add +10.0% |
| IMCG iShares Morningstar Mid-Cap | 0.44% | 49,235 | $3.4M | Add +29.2% |
| SCHD Schwab US DVD Equity ETF | 0.43% | 130,675 | $3.3M | Add +5.6% |
| IAU iShares Gold Trust | 0.42% | 52,155 | $3.3M | Add +238.8% |
| IEMG iShares Core MSCI Emerging | 0.42% | 62,742 | $3.3M | Add +47.5% |
| AVLV Avantis US Large Cap Value | 0.42% | 52,913 | $3.2M | Add +19.1% |
| FBCG Fidelity Blue Chip Grow ETF | 0.41% | 84,867 | $3.2M | Add +82.8% |
| BSV Vanguard Short-Term Bond ETF | 0.41% | 40,381 | $3.2M | Add +4.7% |
| TLH iShares 10-20 Year Treasury | 0.41% | 31,173 | $3.1M | Add +355.4% |
| SRPT Sarepta Therapeutics Inc. | 0.40% | 57,509 | $3.1M | Add +112.9% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 0.40% | 98,398 | $3.1M | Add +20.4% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.40% | 59,076 | $3.1M | Add +38.5% |
| GSG iShares S&P Gsci Commodity I | 0.40% | 140,987 | $3.0M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 0.39% | 19,562 | $3.0M | Add +11.5% |
| IWY iShares Russell Top 200 Grow | 0.38% | 14,671 | $2.9M | Reduce -3.0% |
| IEF iShares 7-10 Year Treasury B | 0.38% | 30,945 | $2.9M | Add +29.1% |
| JEPI JPMorgan Equity Premium Inco | 0.37% | 53,651 | $2.9M | Reduce -3.6% |
| FLHY Franklin High Yield Corporat | 0.37% | 121,951 | $2.9M | Add +40.2% |
| FLRN SS SPDR BB Ig Float RT ETF | 0.37% | 92,307 | $2.8M | Add +611.6% |
| MTUM iShares MSCI USA Momentum Fa | 0.36% | 14,340 | $2.8M | Add +56.8% |
| MSTR Strategy Inc. filed as MICROSTRATEGY INC | 0.36% | 8,687 | $2.8M | Add +82.2% |
| ANET Arista Networks Inc. | 0.36% | 38,443 | $2.7M | Add +13.6% |
| GLDM SPDR Gold Minishares Trust | 0.35% | 41,336 | $2.7M | Add +20.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.35% | 5,489 | $2.7M | Add +0.7% |
| LVHI Franklin International Low V | 0.34% | 85,066 | $2.6M | Add +5.4% |
| AMP Ameriprise Financial Inc. | 0.34% | 5,607 | $2.6M | Add +14.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.33% | 6,818 | $2.6M | New |
| PKW Invesco Buyback Achievers Et | 0.33% | 23,958 | $2.5M | Add +1.3% |
| SLV iShares Silver Trust | 0.33% | 84,745 | $2.5M | Add +3.2% |
| OEF iShares S&P 100 ETF | 0.31% | 9,550 | $2.4M | Add +559.1% |
| JSML Janus Hender SM Cap GRW Alph | 0.31% | 42,187 | $2.4M | Add +36.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 4,599 | $2.4M | Add +1.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.30% | 21,905 | $2.3M | Add +31.5% |
| SFLR Innovator Eqty MGD Floor ETF | 0.30% | 74,470 | $2.3M | Reduce -10.2% |
| PTY PIMCO Corporate & Income Opp | 0.29% | 168,243 | $2.2M | Add +181.1% |
| COST Costco Wholesale Corp. | 0.28% | 2,190 | $2.2M | Add +18.8% |
| AVUV Avantis US Small Cap Value | 0.28% | 26,830 | $2.2M | Reduce -12.6% |
| NFLX Netflix Inc. | 0.28% | 2,215 | $2.2M | Add +48.5% |
| RECS Columbia Resear Enh Cor ETF | 0.28% | 69,285 | $2.2M | Add +118.5% |
| RWJ Invesco S&P Smallcap 600 | 0.28% | 57,969 | $2.1M | Add +83.9% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.28% | 36,559 | $2.1M | New |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.27% | 11,134 | $2.1M | Add +18.0% |
| GOOGL Alphabet Inc. Class A | 0.27% | 13,619 | $2.1M | Add +77.2% |
| RCKT Rocket Pharmaceuticals Inc. | 0.27% | 323,091 | $2.0M | Add +114.3% |
| FLTR Vaneck Ig Floating Rate ETF | 0.27% | 80,685 | $2.0M | Reduce -45.5% |
| FDVV Fidelity High Dividend ETF | 0.26% | 42,944 | $2.0M | Reduce -45.8% |
| GOVT iShares US Treasury Bond ETF | 0.26% | 87,307 | $2.0M | Add +1.3% |
| XJQCX Nuveen Credit Strategies Inc. | 0.25% | 385,730 | $1.9M | Reduce -27.5% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $3K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | 1,058,850 | $3K | New |
Total filed on the 13F, all lines: $770.4M.
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -6.9% | 4.09% | −1.25 |
| NVDA Nvidia Corp. | Reduce -0.6% | 1.40% | −0.61 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -34.7% | 0.62% | −0.39 |
| PDI PIMCO Dynamic Income Fund | Reduce -71.0% | 0.13% | −0.39 |
| CLDX Celldex Therapeutics Inc. | Sold out | 0.00% | −0.37 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.36 |
| OCSL Oaktree Specialty Lending Co. | Reduce -83.6% | 0.06% | −0.35 |
| JNJ Johnson & Johnson | Reduce -74.0% | 0.12% | −0.35 |
| DVN Devon Energy Corp. | Sold out | 0.00% | −0.32 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -18.1% | 0.60% | −0.31 |
| FDVV Fidelity High Dividend ETF | Reduce -45.8% | 0.26% | −0.30 |
| BUFF Innovator Laddered Allocatio | Reduce -24.6% | 0.51% | −0.27 |
| FLTR Vaneck Ig Floating Rate ETF | Reduce -45.5% | 0.27% | −0.27 |
| JPST JPMorgan Ultra-Short Income | Reduce -8.6% | 1.20% | −0.24 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -5.5% | 0.58% | −0.19 |
| XJQCX Nuveen Credit Strategies Inc. | Reduce -27.5% | 0.25% | −0.18 |
| IYW iShares Ustechnology ETF | Reduce -1.9% | 0.52% | −0.17 |
| JPM JPMorgan Chase & Co. | Reduce -33.6% | 0.20% | −0.15 |
| IFRA iShares US Infrastructure | Sold out | 0.00% | −0.15 |
| AVUV Avantis US Small Cap Value | Reduce -12.6% | 0.28% | −0.15 |
| TLT iShares 20+ Year Treasury BD | Reduce -3.5% | 1.26% | −0.14 |
| BCD Abrdn Bloomberg All Commodit | Reduce -64.0% | 0.07% | −0.13 |
| FLRT Pacer Aristotle Pacific Floa | Reduce -35.9% | 0.17% | −0.13 |
| IWY iShares Russell Top 200 Grow | Reduce -3.0% | 0.38% | −0.12 |
| VYM Vanguard High DVD Yield ETF | Reduce -44.9% | 0.10% | −0.11 |
| IWF iShares Russell 1000 Growth | Reduce -10.4% | 0.24% | −0.10 |
| EFV iShares MSCI Eafe Value ETF | Reduce -11.3% | 0.95% | −0.10 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -34.9% | 0.11% | −0.10 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.09 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -0.9% | 0.77% | −0.09 |
| SFLR Innovator Eqty MGD Floor ETF | Reduce -10.2% | 0.30% | −0.09 |
| FVD First Trust Value Line DVD | Reduce -18.7% | 0.25% | −0.09 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -5.8% | 0.45% | −0.08 |
| VEA Vanguard Ftse Developed ETF | Reduce -27.4% | 0.20% | −0.08 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -43.9% | 0.09% | −0.08 |
| JEPI JPMorgan Equity Premium Inco | Reduce -3.6% | 0.37% | −0.08 |
| O Realty Income Corp. | Reduce -52.9% | 0.07% | −0.08 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -60.7% | 0.03% | −0.07 |
| ONEY SS SPDR R1000 Yield Foc ETF | Sold out | 0.00% | −0.07 |
| XMMO Invesco S&P Midcap Momentum | Reduce -5.8% | 0.21% | −0.07 |
| MUB iShares National Muni Bond E | Reduce -1.3% | 0.50% | −0.07 |
| DIS The Walt Disney Co. | Reduce -45.2% | 0.04% | −0.06 |
| GOF Guggenheim Strategic Opport | Reduce -15.3% | 0.17% | −0.06 |
| GSG iShares S&P Gsci Commodity I | Reduce -0.0% | 0.40% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -11.3% | 0.13% | −0.06 |
| VGSH Vanguard Short-Term Treasury | Reduce -29.9% | 0.11% | −0.06 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -2.5% | 0.21% | −0.06 |
| ARKK ARK Innovation ETF | Reduce -50.0% | 0.03% | −0.06 |
| DVY iShares Select Dividend ETF | Sold out | 0.00% | −0.06 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -50.3% | 0.04% | −0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| QCOM Qualcomm Inc. | Add +1543.1% | 0.84% | +0.77 |
| IONS Ionis Pharmaceuticals Inc. | Add +91.4% | 1.21% | +0.41 |
| META Meta Platforms Inc. Class A | Add +144.1% | 0.80% | +0.37 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.33% | +0.33 |
| IAU iShares Gold Trust | Add +238.8% | 0.42% | +0.31 |
| TLH iShares 10-20 Year Treasury | Add +355.4% | 0.41% | +0.31 |
| FLRN SS SPDR BB Ig Float RT ETF | Add +611.6% | 0.37% | +0.31 |
| MSFT Microsoft Corp. | Add +50.3% | 1.75% | +0.30 |
| AAPL Apple Inc. | Add +51.3% | 2.06% | +0.29 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.28% | +0.28 |
| CGCP Cap Group Core Plus Income | Add +66.7% | 0.75% | +0.26 |
| OEF iShares S&P 100 ETF | Add +559.1% | 0.31% | +0.26 |
| JMBS Janus Henderson Mortg Backed | New | 0.23% | +0.23 |
| VRT Vertiv Holdings Co. Class A | New | 0.23% | +0.23 |
| COWG Pacer US LRG Cap Cows GR LD | New | 0.22% | +0.22 |
| VTI VG Morningstar TS MKT ETF-US | Add +112.2% | 0.52% | +0.22 |
| IVE iShares S&P 500 Value ETF | Add +42.3% | 1.15% | +0.20 |
| SMMT Summit Therapeutics Inc. | Add +25.1% | 0.47% | +0.19 |
| CGGR Cap Group Growth Equity | Add +47.2% | 1.27% | +0.18 |
| CELH Celsius Holdings Inc. | Add +24.9% | 0.50% | +0.18 |
| INCY Incyte Corp. | New | 0.18% | +0.18 |
| CGMS Cap Group US Multi-Sect Bond | New | 0.18% | +0.18 |
| CGSD Cap Group Short Duration | New | 0.18% | +0.18 |
| GSAT Globalstar Inc. | New | 0.17% | +0.17 |
| GLD SPDR Gold Shares | Add +4.0% | 1.12% | +0.17 |
| PTY PIMCO Corporate & Income Opp | Add +181.1% | 0.29% | +0.17 |
| CAVA Cava Group Inc. | Add +101.9% | 0.53% | +0.15 |
| VNLA Janus Henderson Short Durati | Add +36.3% | 0.75% | +0.15 |
| SPSB SS SPDR P St C Corp. ETF | Add +295.3% | 0.20% | +0.15 |
| SG Sweetgreen Inc. Class A | New | 0.13% | +0.13 |
| MSTR Strategy Inc. | Add +82.2% | 0.36% | +0.13 |
| RECS Columbia Resear Enh Cor ETF | Add +118.5% | 0.28% | +0.12 |
| VT Vanguard Tot World STK ETF | Add +226.0% | 0.19% | +0.12 |
| DLN Wisdomtree US Largecap Divid | New | 0.12% | +0.12 |
| FSK FS KKR Capital Corp. | Add +379.5% | 0.16% | +0.12 |
| FLBL Franklin Senior Loan ETF | Add +325.4% | 0.16% | +0.12 |
| GRID First TRST Nasd Class Edg Sgiif | New | 0.11% | +0.11 |
| IEMG iShares Core MSCI Emerging | Add +47.5% | 0.42% | +0.11 |
| FBCG Fidelity Blue Chip Grow ETF | Add +82.8% | 0.41% | +0.11 |
| NFLX Netflix Inc. | Add +48.5% | 0.28% | +0.10 |
| SHV iShares 0-1 Year Treasury Bo | Add +151.8% | 0.18% | +0.10 |
| GS Goldman Sachs Group Inc. | Add +301.9% | 0.14% | +0.10 |
| HEFA Isha Curr Hedged MSCI Eafe | Add +115.8% | 0.20% | +0.10 |
| GLDM SPDR Gold Minishares Trust | Add +20.8% | 0.35% | +0.09 |
| MTUM iShares MSCI USA Momentum Fa | Add +56.8% | 0.36% | +0.09 |
| BND Vanguard Total Bond Market | Add +87.7% | 0.21% | +0.09 |
| AIRR First Trust Rba American Ind | New | 0.09% | +0.09 |
| HYDB iShares High Yield Systemati | New | 0.08% | +0.08 |
| CGDV Cap Group Dividend Value | Add +27.5% | 0.88% | +0.08 |
| CGGO Cap Group Global Growth | New | 0.08% | +0.08 |
Notes & Other Activity Q4 2024 → Q1 2025
| JQCNR Nuveen Credit Strategies-RTS | RIGHT 04/29/2025 | New | 1,058,850 | $3K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 614 | $1.3B | IVV, AAPL, MSFT, NVDA, SPY |
| Q1 2026 | 577 | $1.3B | IVV, AAPL, MSFT, NVDA, USEP |
| Q4 2025 | 550 | $1.2B | IVV, AAPL, MSFT, USEP, IVE |
| Q3 2025 | 518 | $1.1B | IVV, AAPL, NVDA, USEP, MSFT |
| Q2 2025 | 486 | $954.4M | IVV, USEP, MSFT, AAPL, NVDA |
| Q1 2025 | 454 | $770.4M | IVV, IUSB, USEP, AAPL, MSFT |
| Q4 2024 | 408 | $701.6M | IVV, USEP, IUSB, NVDA, AAPL |