Stephens Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Stephens Inc. reported 1,306 stock positions worth $6.4 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 3.4% of the portfolio, followed by Apple (AAPL, 2.1%) and Microsoft (MSFT, 2.0%). Compared with Q4 2023, it opened 124 new positions, sold out of 63, added to 616 and reduced 451. The biggest buy was Vanguard Russell 1000 Growth (VONG, shares +421%) and the biggest sale iShares Treasury Floating Ra (TFLO, shares −92%).
- Most Recent 13F
- Q2 2026
- Location
- LITTLE ROCK, AR
- CIK
- 0000757657
- Portfolio Value
- $6.4B (Q1 2024)
- SEC Filing
- 0000757657-24-000007 ↗ filed May 15, 2024
Holdings Value
Holdings 1,306 stocks · $6.4B
| VTI VG Morningstar TS MKT ETF-US | 3.40% | 843,839 | $219.3M | Add +0.9% |
| AAPL Apple Inc. | 2.10% | 789,884 | $135.4M | Add +4.2% |
| MSFT Microsoft Corp. | 1.99% | 304,324 | $128.0M | Reduce -3.4% |
| IWD iShares Russell 1000 Value E | 1.84% | 663,856 | $118.9M | Reduce -1.2% |
| QQQ Invesco QQQ Trust Series 1 | 1.69% | 245,878 | $109.2M | Add +3.5% |
| SHY iShares 1-3 Year Treasury Bo | 1.68% | 1,322,765 | $108.2M | Add +0.2% |
| IWS iShares Russell Mid-Cap Valu | 1.60% | 820,856 | $102.9M | Add +18.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.54% | 190,352 | $99.6M | Reduce -12.1% |
| KRUS Kura Sushi USA Inc. Class A | 1.52% | 851,073 | $98.0M | Reduce -6.8% |
| IWF iShares Russell 1000 Growth | 1.42% | 271,799 | $91.6M | Add +3.9% |
| AMZN Amazon.com Inc. | 1.36% | 485,718 | $87.6M | Add +6.7% |
| WMT Walmart Inc. | 1.23% | 1,314,366 | $79.1M | Add +2.8% |
| MRK Merck & Co. Inc. | 1.12% | 546,450 | $72.1M | Add +2.5% |
| AVGO Broadcom Inc. | 0.92% | 44,955 | $59.6M | Reduce -7.5% |
| NVDA Nvidia Corp. | 0.88% | 63,075 | $57.0M | Reduce -19.6% |
| IWP iShares Russell Mid-Cap Grow | 0.88% | 498,467 | $56.9M | Add +32.5% |
| JPM JPMorgan Chase & Co. | 0.85% | 273,723 | $54.8M | Add +5.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.83% | 693,165 | $53.6M | Add +1.0% |
| V Visa Inc. Class A | 0.80% | 183,840 | $51.3M | Reduce -0.4% |
| JCPB JPMorgan Core Plus Bond ETF | 0.78% | 1,072,388 | $50.0M | Reduce -0.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.76% | 300,062 | $48.9M | Add +4.7% |
| OBDC Blue Owl Capital Corp. | 0.73% | 3,064,156 | $47.1M | Reduce -0.8% |
| IWV iShares Russell 3000 ETF | 0.72% | 154,718 | $46.4M | Add +3.7% |
| AMLP Alerian MLP ETF | 0.69% | 935,484 | $44.4M | Add +2.0% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.66% | 823,330 | $42.2M | Add +1.8% |
| GOOG Alphabet Inc. Class C | 0.65% | 276,212 | $42.1M | Add +3.3% |
| MA Mastercard Inc. Class A | 0.65% | 86,632 | $41.7M | Reduce -4.2% |
| USFR Wisdomtree Floating Rate Tre | 0.63% | 802,875 | $40.4M | Reduce -30.7% |
| BX Blackstone Inc. | 0.62% | 304,530 | $40.0M | Add +6.7% |
| JPST JPMorgan Ultra-Short Income | 0.61% | 782,262 | $39.5M | Reduce -12.7% |
| GOOGL Alphabet Inc. Class A | 0.60% | 256,419 | $38.7M | Reduce -2.0% |
| UNH Unitedhealth Group Inc. | 0.60% | 77,595 | $38.4M | Reduce -1.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.59% | 198,445 | $38.1M | Add +1.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.58% | 108,933 | $37.5M | Add +0.9% |
| IWR iShares Russell Mid-Cap ETF | 0.55% | 424,020 | $35.7M | Add +3.0% |
| WM Waste Management Inc. | 0.55% | 167,074 | $35.6M | Add +0.6% |
| CAT Caterpillar Inc. | 0.53% | 93,512 | $34.3M | Add +5.1% |
| MOAT Vaneck Morningstar Wide Moat | 0.52% | 371,221 | $33.4M | Add +6.0% |
| CRM Salesforce Inc. | 0.52% | 110,700 | $33.3M | Add +22.1% |
| VRP Invesco Variable Rate Prefer | 0.52% | 1,400,978 | $33.3M | Reduce -1.7% |
| XOM Exxon Mobil Corp. | 0.48% | 263,885 | $30.7M | Add +0.8% |
| ETN Eaton Corp. PLC | 0.47% | 96,131 | $30.1M | Reduce -2.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.46% | 70,627 | $29.7M | Add +5.9% |
| IOO iShares Global 100 ETF | 0.46% | 330,424 | $29.5M | Add +7.5% |
| PFF iShares Preferred & Income S | 0.46% | 914,921 | $29.5M | Add +1.0% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.45% | 294,135 | $29.2M | Reduce -4.4% |
| IWO iShares Russell 2000 Growth | 0.44% | 105,793 | $28.6M | Add +4.9% |
| JNJ Johnson & Johnson | 0.44% | 180,802 | $28.6M | Reduce -10.4% |
| LOW Lowe's Cos Inc. | 0.44% | 111,814 | $28.5M | Add +0.4% |
| CSCO Cisco Systems Inc. | 0.44% | 564,527 | $28.2M | Add +2.8% |
| VONG Vanguard Russell 1000 Growth | 0.43% | 320,726 | $27.8M | Add +420.6% |
| ABBV Abbvie Inc. | 0.43% | 151,894 | $27.7M | Reduce -5.6% |
| LLY Eli Lilly & Co. | 0.42% | 34,413 | $26.8M | Add +12.7% |
| CVX Chevron Corp. | 0.41% | 169,591 | $26.8M | Add +1.5% |
| VIG Vanguard Dividend Apprec ETF | 0.41% | 146,192 | $26.7M | Reduce -0.4% |
| JEPI JPMorgan Equity Premium Inco | 0.41% | 459,834 | $26.6M | Add +5.5% |
| MCD McDonald's Corp. | 0.41% | 93,544 | $26.4M | Add +2.6% |
| META Meta Platforms Inc. Class A | 0.40% | 52,691 | $25.6M | Reduce -16.8% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.38% | 62,011 | $24.7M | Add +2.0% |
| KO The Coca-Cola Co. | 0.38% | 400,709 | $24.5M | Add +4.8% |
| VEA Vanguard Ftse Developed ETF | 0.38% | 484,095 | $24.3M | Reduce -36.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 631,768 | $24.0M | Reduce -1.9% |
| MLM Martin Marietta Materials | 0.37% | 38,723 | $23.8M | Add +0.1% |
| LRCX Lam Research Corp. | 0.36% | 23,781 | $23.1M | Reduce -9.4% |
| GIGB Goldman Sachs Inv GRD Corp. | 0.35% | 489,893 | $22.4M | Add +1.8% |
| QCOM Qualcomm Inc. | 0.35% | 132,305 | $22.4M | Add +27.2% |
| IAU iShares Gold Trust | 0.34% | 527,223 | $22.1M | Reduce -5.7% |
| UPS United Parcel Service Class B | 0.34% | 147,721 | $22.0M | Add +14.7% |
| FSIG FT Ltd. Duration Inv Grade | 0.34% | 1,169,353 | $21.9M | Reduce -6.7% |
| ARCC Ares Capital Corp. | 0.34% | 1,050,398 | $21.9M | Reduce -0.0% |
| EFA iShares MSCI Eafe ETF | 0.33% | 270,326 | $21.6M | Reduce -23.7% |
| DUK Duke Energy Corp. | 0.33% | 220,412 | $21.3M | Add +37.4% |
| IWN iShares Russell 2000 Value E | 0.33% | 133,981 | $21.3M | Reduce -29.0% |
| FDX FedEx Corp. | 0.33% | 73,421 | $21.3M | Add +4.0% |
| IWB iShares Russell 1000 ETF | 0.33% | 72,812 | $21.0M | Add +1.0% |
| IWM iShares Russell 2000 ETF | 0.32% | 99,242 | $20.9M | Add +53.5% |
| HD Home Depot Inc. | 0.32% | 53,025 | $20.3M | Add +0.2% |
| FDL First Trust Morn DVD Lead Inc. | 0.32% | 528,147 | $20.3M | Reduce -4.1% |
| LMBS First Trust Low Duration Opp | 0.31% | 408,002 | $19.7M | Reduce -0.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.30% | 124,927 | $19.5M | Reduce -0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.30% | 77,762 | $19.4M | Reduce -0.0% |
| INTC Intel Corp. | 0.30% | 437,579 | $19.3M | Reduce -10.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.30% | 83,665 | $19.1M | Add +8.7% |
| MTBA Simplify MBS ETF | 0.29% | 364,644 | $18.6M | New |
| PEP Pepsico Inc. | 0.29% | 105,662 | $18.5M | Reduce -36.1% |
| VOO Vanguard S&P 500 ETF | 0.28% | 38,079 | $18.3M | Reduce -7.7% |
| VZ Verizon Communications Inc. | 0.28% | 435,592 | $18.3M | Reduce -26.0% |
| UNP Union Pacific Corp. | 0.27% | 71,523 | $17.6M | Add +86.3% |
| APH Amphenol Corp. Class A | 0.27% | 150,047 | $17.3M | Reduce -3.4% |
| ADBE Adobe Inc. | 0.26% | 33,489 | $16.9M | Reduce -1.9% |
| SCHD Schwab US DVD Equity ETF | 0.26% | 206,623 | $16.7M | Add +6.1% |
| USRT iShares Core US REIT ETF | 0.26% | 309,646 | $16.7M | Add +5.4% |
| ET Energy Transfer LP | 0.26% | 1,058,915 | $16.7M | Add +3.7% |
| BLDR Builders Firstsource Inc. | 0.26% | 79,802 | $16.6M | Add +180.3% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.26% | 187,912 | $16.6M | Add +1.2% |
| MBB iShares MBS ETF | 0.26% | 179,479 | $16.6M | Add +11.8% |
| VEU Vanguard Ftse All-World Ex-U | 0.25% | 277,603 | $16.3M | Add +10.8% |
| SGOV iShares 0-3 Month Treasury B | 0.25% | 160,917 | $16.2M | Add +73.5% |
| BIV Vanguard Intermediate-Term B | 0.25% | 213,838 | $16.1M | Add +9.0% |
| CMCSA Comcast Corp. Class A | 0.24% | 359,719 | $15.6M | Add +3.6% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 52,551 | $2.5M | Add +13.5% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 5,489 | $214K | New |
| WESTW Westrock Coffee Holdings- 27 | *W EXP 08/29/202 | 17,625 | $41K | No change |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 12,500 | $8K | No change |
Total filed on the 13F, all lines: $6.4B.
Portfolio Sells Q4 2023 → Q1 2024
| TFLO iShares Treasury Floating Ra | Reduce -91.7% | 0.04% | −0.47 |
| USFR Wisdomtree Floating Rate Tre | Reduce -30.7% | 0.63% | −0.38 |
| VEA Vanguard Ftse Developed ETF | Reduce -36.8% | 0.38% | −0.26 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -12.1% | 1.54% | −0.23 |
| PEP Pepsico Inc. | Reduce -36.1% | 0.29% | −0.20 |
| BUFG FT Vest Buffered Allocation | Reduce -86.5% | 0.03% | −0.19 |
| IWN iShares Russell 2000 Value E | Reduce -29.0% | 0.33% | −0.18 |
| JPST JPMorgan Ultra-Short Income | Reduce -12.7% | 0.61% | −0.16 |
| EFA iShares MSCI Eafe ETF | Reduce -23.7% | 0.33% | −0.13 |
| TJX TJX Companies Inc. | Reduce -64.6% | 0.07% | −0.12 |
| INTC Intel Corp. | Reduce -10.5% | 0.30% | −0.12 |
| GILD Gilead Sciences Inc. | Reduce -69.0% | 0.04% | −0.12 |
| TUA Sim St Treas Fut Strat ETF | Reduce -80.8% | 0.02% | −0.12 |
| UNH Unitedhealth Group Inc. | Reduce -1.1% | 0.60% | −0.12 |
| CVS CVS Health Corp. | Reduce -48.0% | 0.10% | −0.11 |
| MS Morgan Stanley | Reduce -68.4% | 0.04% | −0.11 |
| JNJ Johnson & Johnson | Reduce -10.4% | 0.44% | −0.10 |
| JCPB JPMorgan Core Plus Bond ETF | Reduce -0.7% | 0.78% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -26.0% | 0.28% | −0.10 |
| ADBE Adobe Inc. | Reduce -1.9% | 0.26% | −0.09 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.09 |
| SDY SS SPDR S&P Dividend ETF | Reduce -60.8% | 0.05% | −0.09 |
| APD Air Products & Chemicals Inc. | Reduce -23.5% | 0.14% | −0.09 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -4.4% | 0.45% | −0.07 |
| IWD iShares Russell 1000 Value E | Reduce -1.2% | 1.84% | −0.07 |
| FSIG FT Ltd. Duration Inv Grade | Reduce -6.7% | 0.34% | −0.07 |
| XYZ Block Inc. | Reduce -65.1% | 0.04% | −0.07 |
| PFE Pfizer Inc. | Reduce -12.8% | 0.18% | −0.06 |
| MSFT Microsoft Corp. | Reduce -3.4% | 1.99% | −0.06 |
| KREF KKR Real Estate Finance Trus | Reduce -6.0% | 0.10% | −0.06 |
| OBDC Blue Owl Capital Corp. | Reduce -0.8% | 0.73% | −0.06 |
| EEM iShares MSCI Emerging Market | Reduce -34.1% | 0.08% | −0.05 |
| LOPE Grand Canyon Education Inc. | Sold out | 0.00% | −0.05 |
| LULU Lululemon Athletica Inc. | Reduce -63.1% | 0.02% | −0.05 |
| VRP Invesco Variable Rate Prefer | Reduce -1.7% | 0.52% | −0.05 |
| LTHM Livent Corp. | Sold out | 0.00% | −0.05 |
| VNQ Vanguard Real Estate ETF | Reduce -20.7% | 0.10% | −0.04 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.04 |
| PATH Uipath Inc. Class A | Reduce -97.4% | 0.00% | −0.04 |
| MELI MercadoLibre Inc. | Reduce -4.9% | 0.19% | −0.04 |
| PYPL PayPal Holdings Inc. | Reduce -52.4% | 0.03% | −0.04 |
| MEAR Ishrs Short Mat Muni Act ETF | Reduce -5.7% | 0.22% | −0.04 |
| LMBS First Trust Low Duration Opp | Reduce -0.8% | 0.31% | −0.04 |
| WSO Watsco Inc. | Reduce -85.1% | 0.01% | −0.04 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -27.6% | 0.08% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -18.0% | 0.13% | −0.03 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -11.4% | 0.13% | −0.03 |
| V Visa Inc. Class A | Reduce -0.4% | 0.80% | −0.03 |
| IAU iShares Gold Trust | Reduce -5.7% | 0.34% | −0.03 |
| NOW ServiceNow Inc. | Reduce -19.6% | 0.11% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| VONG Vanguard Russell 1000 Growth | Add +420.6% | 0.43% | +0.35 |
| MTBA Simplify MBS ETF | New | 0.29% | +0.29 |
| CGGO Cap Group Global Growth | New | 0.23% | +0.23 |
| CGMS Cap Group US Multi-Sect Bond | New | 0.22% | +0.22 |
| CGCB Cap Group Core Bond | New | 0.21% | +0.21 |
| NVR NVR Inc. | New | 0.21% | +0.21 |
| IWS iShares Russell Mid-Cap Valu | Add +18.8% | 1.60% | +0.21 |
| KJAN Innovator U.S. Small Cap Pow | Add +6286.9% | 0.21% | +0.21 |
| IWP iShares Russell Mid-Cap Grow | Add +32.5% | 0.88% | +0.20 |
| EJAN Innovator Emerging Markets P | New | 0.18% | +0.18 |
| BLDR Builders Firstsource Inc. | Add +180.3% | 0.26% | +0.18 |
| AMZN Amazon.com Inc. | Add +6.7% | 1.36% | +0.17 |
| AVUV Avantis US Small Cap Value | New | 0.16% | +0.16 |
| KGS Kodiak Gas Services Inc. | New | 0.16% | +0.16 |
| SDVD FT Vest Smid Rising Dividend | Add +1002.3% | 0.14% | +0.13 |
| MRK Merck & Co. Inc. | Add +2.5% | 1.12% | +0.12 |
| UNP Union Pacific Corp. | Add +86.3% | 0.27% | +0.11 |
| LLY Eli Lilly & Co. | Add +12.7% | 0.42% | +0.11 |
| CRM Salesforce Inc. | Add +22.1% | 0.52% | +0.11 |
| DOW Dow Inc. | Add +159.3% | 0.17% | +0.10 |
| IWM iShares Russell 2000 ETF | Add +53.5% | 0.32% | +0.10 |
| RMD Resmed Inc. | Add +215.8% | 0.14% | +0.10 |
| SGOV iShares 0-3 Month Treasury B | Add +73.5% | 0.25% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +5.7% | 0.85% | +0.09 |
| RTO Rentokil Initial PLC-SP ADR | Add +2685.9% | 0.09% | +0.09 |
| QCOM Qualcomm Inc. | Add +27.2% | 0.35% | +0.09 |
| CAT Caterpillar Inc. | Add +5.1% | 0.53% | +0.08 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +40.6% | 0.19% | +0.07 |
| KHC The Kraft Heinz Co. | Add +460.0% | 0.08% | +0.07 |
| WMT Walmart Inc. | Add +2.8% | 1.23% | +0.07 |
| ASML ASML Holding NV-NY Reg SHS | Add +280.0% | 0.09% | +0.07 |
| DUK Duke Energy Corp. | Add +37.4% | 0.33% | +0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +49.7% | 0.15% | +0.06 |
| OWL Blue Owl Capital Inc. | Add +280.1% | 0.08% | +0.06 |
| IWF iShares Russell 1000 Growth | Add +3.9% | 1.42% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.9% | 0.46% | +0.05 |
| LMT Lockheed Martin Corp. | Add +44.2% | 0.21% | +0.05 |
| NJAN Innovator Growth 100 Power B | New | 0.05% | +0.05 |
| NFLX Netflix Inc. | Add +12.3% | 0.22% | +0.05 |
| BMY Bristol-Myers Squibb Co. | Add +56.9% | 0.14% | +0.05 |
| IJAN Innovator International Deve | New | 0.05% | +0.05 |
| TSM Taiwan Semiconductor-SP ADR | Add +25.8% | 0.14% | +0.05 |
| PHM Pultegroup Inc. | Add +1100.2% | 0.05% | +0.04 |
| CART Maplebear Inc. | New | 0.04% | +0.04 |
| CI The Cigna Group | Add +82.1% | 0.08% | +0.04 |
| WM Waste Management Inc. | Add +0.6% | 0.55% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +7.1% | 0.16% | +0.04 |
| MLM Martin Marietta Materials | Add +0.1% | 0.37% | +0.04 |
| KKR KKR & Co. Inc. | Add +10.2% | 0.20% | +0.03 |
| GFI Gold Fields Ltd.-Spons ADR | New | 0.03% | +0.03 |
Notes & Other Activity Q4 2023 → Q1 2024
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Add +13.5% | 52,551 | $2.5M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | New | 5,489 | $214K |
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 | 1,331 | $8.9B | VTI, AAPL, QQQ, WMT, NVDA |
| Q1 2026 | 1,309 | $8.0B | VTI, AAPL, WMT, QQQ, NVDA |
| Q4 2025 | 1,299 | $8.0B | AAPL, VTI, MSFT, QQQ, WMT |
| Q3 2025 | 1,319 | $7.8B | VTI, AAPL, MSFT, QQQ, NVDA |
| Q2 2025 | 1,272 | $7.3B | VTI, MSFT, AAPL, QQQ, WMT |
| Q1 2025 | 1,234 | $6.8B | VTI, AAPL, MSFT, QQQ, WMT |
| Q4 2024 | 1,267 | $7.1B | VTI, AAPL, MSFT, QQQ, IWD |
| Q3 2024 | 1,288 | $7.0B | VTI, AAPL, MSFT, QQQ, IWD |
| Q2 2024 | 1,269 | $6.6B | VTI, AAPL, MSFT, QQQ, IWD |
| Q1 2024 | 1,306 | $6.4B | VTI, AAPL, MSFT, IWD, QQQ |