Stephens Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 28, 2024), Stephens Inc. reported 1,288 stock positions worth $7.0 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 3.5% of the portfolio, followed by Apple (AAPL, 2.7%) and Microsoft (MSFT, 1.9%). Compared with Q2 2024, it opened 87 new positions, sold out of 69, added to 520 and reduced 577. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +83%) and the biggest sale Lam Research (LRCX, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- LITTLE ROCK, AR
- CIK
- 0000757657
- Portfolio Value
- $7.0B (Q3 2024)
- SEC Filing
- 0001314440-24-000016 ↗ filed Oct 28, 2024
Holdings Value
Holdings 1,288 stocks · $7.0B
| VTI VG Morningstar TS MKT ETF-US | 3.49% | 867,231 | $245.6M | Add +2.0% |
| AAPL Apple Inc. | 2.68% | 810,798 | $188.9M | Add +1.6% |
| MSFT Microsoft Corp. | 1.94% | 317,561 | $136.6M | Add +0.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.84% | 266,247 | $129.9M | Add +5.0% |
| IWD iShares Russell 1000 Value E | 1.78% | 660,972 | $125.5M | Reduce -0.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.66% | 203,538 | $116.8M | Add +5.8% |
| SHY iShares 1-3 Year Treasury Bo | 1.58% | 1,337,659 | $111.2M | Add +0.6% |
| IWS iShares Russell Mid-Cap Valu | 1.53% | 817,670 | $108.1M | Reduce -0.3% |
| WMT Walmart Inc. | 1.53% | 1,337,579 | $108.0M | Add +0.9% |
| IWF iShares Russell 1000 Growth | 1.42% | 267,157 | $100.3M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 1.28% | 484,781 | $90.3M | Reduce -1.7% |
| NVDA Nvidia Corp. | 1.14% | 661,848 | $80.4M | Add +3.3% |
| JPM JPMorgan Chase & Co. | 1.10% | 367,430 | $77.5M | Add +28.5% |
| AVGO Broadcom Inc. | 0.99% | 405,473 | $69.9M | Reduce -7.8% |
| KRUS Kura Sushi USA Inc. Class A | 0.95% | 831,144 | $67.0M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 0.93% | 575,581 | $65.4M | Add +3.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.87% | 351,816 | $61.4M | Add +11.6% |
| IWP iShares Russell Mid-Cap Grow | 0.84% | 502,160 | $58.9M | Add +0.3% |
| JCPB JPMorgan Core Plus Bond ETF | 0.76% | 1,108,417 | $53.5M | Add +9.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.75% | 668,556 | $53.1M | Reduce -2.4% |
| GOOG Alphabet Inc. Class C | 0.75% | 316,644 | $52.9M | Reduce -6.1% |
| IWV iShares Russell 3000 ETF | 0.74% | 159,211 | $52.0M | Add +1.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.70% | 128,504 | $49.3M | Add +6.3% |
| BX Blackstone Inc. | 0.69% | 318,676 | $48.8M | Add +1.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.67% | 234,422 | $47.1M | Reduce -1.3% |
| OBDC Blue Owl Capital Corp. | 0.67% | 3,219,576 | $46.9M | Add +4.3% |
| AMLP Alerian MLP ETF | 0.66% | 984,226 | $46.4M | Add +2.8% |
| GOOGL Alphabet Inc. Class A | 0.64% | 271,612 | $45.0M | Add +3.8% |
| META Meta Platforms Inc. Class A | 0.63% | 77,493 | $44.4M | Add +8.0% |
| LLY Eli Lilly & Co. | 0.63% | 50,003 | $44.3M | Reduce -4.7% |
| MA Mastercard Inc. Class A | 0.63% | 89,267 | $44.1M | Add +2.3% |
| USFR Wisdomtree Floating Rate Tre | 0.61% | 855,607 | $43.0M | Add +2.5% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.60% | 800,496 | $42.2M | Reduce -1.3% |
| XOM Exxon Mobil Corp. | 0.58% | 348,835 | $40.9M | Reduce -0.9% |
| IWR iShares Russell Mid-Cap ETF | 0.57% | 454,262 | $40.0M | Add +4.3% |
| MOAT Vaneck Morningstar Wide Moat | 0.56% | 409,727 | $39.7M | Add +2.7% |
| VOO Vanguard S&P 500 ETF | 0.56% | 74,835 | $39.5M | Add +83.2% |
| JPST JPMorgan Ultra-Short Income | 0.54% | 754,328 | $38.3M | Reduce -5.3% |
| CAT Caterpillar Inc. | 0.51% | 91,532 | $35.8M | Add +1.6% |
| IOO iShares Global 100 ETF | 0.50% | 358,467 | $35.5M | Add +5.9% |
| V Visa Inc. Class A | 0.50% | 127,698 | $35.1M | Reduce -31.7% |
| VRP Invesco Variable Rate Prefer | 0.49% | 1,414,175 | $34.6M | Add +0.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.47% | 71,858 | $33.1M | Add +0.1% |
| JNJ Johnson & Johnson | 0.46% | 201,555 | $32.7M | Add +27.1% |
| VIG Vanguard Dividend Apprec ETF | 0.46% | 164,488 | $32.6M | Add +11.7% |
| VONG Vanguard Russell 1000 Growth | 0.45% | 331,963 | $32.0M | Reduce -0.6% |
| ABBV Abbvie Inc. | 0.45% | 160,463 | $31.7M | Add +9.7% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.45% | 119,337 | $31.5M | Add +55.1% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.45% | 315,660 | $31.4M | Add +1.0% |
| CVX Chevron Corp. | 0.44% | 211,285 | $31.1M | Add +30.5% |
| JEPI JPMorgan Equity Premium Inco | 0.43% | 507,647 | $30.2M | Add +4.8% |
| PFF iShares Preferred & Income S | 0.43% | 908,902 | $30.2M | Add +0.4% |
| MCD McDonald's Corp. | 0.43% | 98,748 | $30.1M | Add +2.8% |
| LOW Lowe's Cos Inc. | 0.42% | 109,978 | $29.8M | Reduce -1.9% |
| KO The Coca-Cola Co. | 0.42% | 409,125 | $29.4M | Add +0.9% |
| IWO iShares Russell 2000 Growth | 0.41% | 102,335 | $29.1M | Reduce -2.5% |
| WM Waste Management Inc. | 0.40% | 135,885 | $28.2M | Reduce -18.1% |
| DUK Duke Energy Corp. | 0.39% | 235,247 | $27.1M | Add +3.0% |
| GS Goldman Sachs Group Inc. | 0.38% | 54,548 | $27.0M | Add +70.6% |
| CSCO Cisco Systems Inc. | 0.38% | 506,789 | $27.0M | Add +2.0% |
| CRM Salesforce Inc. | 0.38% | 98,002 | $26.8M | Reduce -8.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.38% | 671,573 | $26.6M | Reduce -3.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.38% | 62,586 | $26.5M | Add +1.3% |
| VEA Vanguard Ftse Developed ETF | 0.36% | 483,948 | $25.6M | Reduce -1.4% |
| QCOM Qualcomm Inc. | 0.36% | 149,697 | $25.5M | Reduce -4.1% |
| SGOV iShares 0-3 Month Treasury B | 0.36% | 250,270 | $25.2M | Add +21.9% |
| UNH Unitedhealth Group Inc. | 0.35% | 42,446 | $24.8M | Add +1.3% |
| EFA iShares MSCI Eafe ETF | 0.35% | 294,045 | $24.6M | Add +3.4% |
| HD Home Depot Inc. | 0.34% | 59,825 | $24.2M | Add +5.9% |
| IWB iShares Russell 1000 ETF | 0.33% | 74,998 | $23.6M | Add +0.9% |
| SO The Southern Co. | 0.33% | 259,420 | $23.4M | Add +17.6% |
| ARCC Ares Capital Corp. | 0.33% | 1,111,423 | $23.3M | Add +4.9% |
| GIGB Goldman Sachs Inv GRD Corp. | 0.33% | 484,423 | $22.9M | Add +0.7% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.32% | 95,384 | $22.6M | Add +9.8% |
| IAU iShares Gold Trust | 0.32% | 450,505 | $22.4M | Reduce -3.1% |
| SCHD Schwab US DVD Equity ETF | 0.31% | 262,286 | $22.2M | Add +16.3% |
| ADBE Adobe Inc. | 0.31% | 42,338 | $21.9M | Add +7.7% |
| MLM Martin Marietta Materials | 0.31% | 40,619 | $21.9M | Add +7.4% |
| LMBS First Trust Low Duration Opp | 0.31% | 440,417 | $21.8M | Add +11.6% |
| ETN Eaton Corp. PLC | 0.31% | 65,344 | $21.7M | Reduce -28.3% |
| FSIG FT Ltd. Duration Inv Grade | 0.31% | 1,120,409 | $21.5M | Add +1.5% |
| FDL First Trust Morn DVD Lead Inc. | 0.30% | 501,430 | $21.0M | Reduce -3.0% |
| GIS General Mills Inc. | 0.29% | 276,076 | $20.4M | Add +71.9% |
| APH Amphenol Corp. Class A | 0.28% | 307,368 | $20.0M | Add +8.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.28% | 119,420 | $20.0M | Reduce -3.4% |
| MEAR Ishrs Short Mat Muni Act ETF | 0.28% | 391,345 | $19.7M | Add +4.8% |
| IWM iShares Russell 2000 ETF | 0.28% | 89,000 | $19.7M | Reduce -2.7% |
| PLTR Palantir Technologies Inc. Class A | 0.28% | 525,155 | $19.5M | Reduce -8.6% |
| USRT iShares Core US REIT ETF | 0.27% | 311,045 | $19.2M | Reduce -3.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.27% | 158,881 | $18.9M | Add +31.0% |
| BIV Vanguard Intermediate-Term B | 0.27% | 239,444 | $18.8M | Add +5.7% |
| KKR KKR & Co. Inc. | 0.27% | 143,039 | $18.7M | Add +4.4% |
| LMT Lockheed Martin Corp. | 0.26% | 31,911 | $18.7M | Add +2.6% |
| ET Energy Transfer LP | 0.26% | 1,152,552 | $18.5M | Add +2.8% |
| NFLX Netflix Inc. | 0.26% | 25,946 | $18.4M | Add +13.9% |
| QUAL iShares MSCI USA Quality Fac | 0.26% | 101,439 | $18.2M | Add +11.8% |
| NVR NVR Inc. | 0.26% | 1,849 | $18.1M | Add +29.1% |
| FDX FedEx Corp. | 0.26% | 66,261 | $18.1M | Reduce -8.6% |
| APO Apollo Global Management Inc. | 0.25% | 143,399 | $17.9M | Add +2.3% |
| MDT Medtronic PLC | 0.25% | 197,149 | $17.7M | Add +1.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $3.3M (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 | 63,947 | $3.1M | Add +13.6% |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | 5,222 | $242K | Reduce -4.7% |
| ABLLW East Resources Acquis -CW27 | *W EXP 06/30/202 | 12,500 | $21K | No change |
Total filed on the 13F, all lines: $7.0B.
Portfolio Sells Q2 2024 → Q3 2024
| LRCX Lam Research Corp. | Reduce -98.3% | 0.00% | −0.38 |
| V Visa Inc. Class A | Reduce -31.7% | 0.50% | −0.25 |
| MBB iShares MBS ETF | Reduce -94.7% | 0.01% | −0.24 |
| GOOG Alphabet Inc. Class C | Reduce -6.1% | 0.75% | −0.19 |
| AMZN Amazon.com Inc. | Reduce -1.7% | 1.28% | −0.17 |
| WM Waste Management Inc. | Reduce -18.1% | 0.40% | −0.14 |
| ETN Eaton Corp. PLC | Reduce -28.3% | 0.31% | −0.13 |
| KGS Kodiak Gas Services Inc. | Sold out | 0.00% | −0.13 |
| MTBA Simplify MBS ETF | Sold out | 0.00% | −0.12 |
| QCOM Qualcomm Inc. | Reduce -4.1% | 0.36% | −0.11 |
| INTC Intel Corp. | Reduce -53.9% | 0.05% | −0.11 |
| BLDR Builders Firstsource Inc. | Reduce -95.5% | 0.01% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -4.7% | 0.63% | −0.10 |
| AVGO Broadcom Inc. | Reduce -7.8% | 0.99% | −0.08 |
| UPS United Parcel Service Class B | Reduce -20.0% | 0.24% | −0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -18.8% | 0.09% | −0.08 |
| FDX FedEx Corp. | Reduce -8.6% | 0.26% | −0.07 |
| JPST JPMorgan Ultra-Short Income | Reduce -5.3% | 0.54% | −0.07 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -62.2% | 0.03% | −0.07 |
| IWF iShares Russell 1000 Growth | Reduce -0.2% | 1.42% | −0.07 |
| FWRD Forward Air Corp. | Sold out | 0.00% | −0.06 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -2.4% | 0.75% | −0.05 |
| IBKR Interactive Brokers Gro Class A | Reduce -92.3% | 0.00% | −0.05 |
| KLAC KLA Corp. | Reduce -69.5% | 0.02% | −0.04 |
| MU Micron Technology Inc. | Reduce -37.7% | 0.04% | −0.04 |
| DDS Dillards Inc. Class A | Reduce -41.4% | 0.04% | −0.04 |
| BAC Bank of America Corp. | Reduce -3.1% | 0.38% | −0.04 |
| AN Autonation Inc. | Reduce -35.2% | 0.09% | −0.04 |
| CRM Salesforce Inc. | Reduce -8.7% | 0.38% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.58% | −0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -1.3% | 0.60% | −0.04 |
| PEP Pepsico Inc. | Reduce -9.1% | 0.24% | −0.04 |
| FOCT FT Vest U.S. Equity Buffer E | Reduce -52.3% | 0.03% | −0.03 |
| LYB Lyondellbasell Indu Class A | Reduce -15.9% | 0.12% | −0.03 |
| FANG Diamondback Energy Inc. | Reduce -67.1% | 0.01% | −0.03 |
| IESC Ies Holdings Inc. | Reduce -42.3% | 0.11% | −0.03 |
| FNOV FT Vest US Equity Buffer ETF | Reduce -85.4% | 0.01% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -12.0% | 0.22% | −0.03 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.03 |
| KAPR Innovator U.S. Small Cap Pow | Sold out | 0.00% | −0.03 |
| MUR Murphy Oil Corp. | Reduce -0.7% | 0.08% | −0.03 |
| ELF Elf Beauty Inc. | Reduce -43.0% | 0.01% | −0.02 |
| VONG Vanguard Russell 1000 Growth | Reduce -0.6% | 0.45% | −0.02 |
| EMR Emerson Electric Co. | Reduce -7.8% | 0.13% | −0.02 |
| BSCO Invesco Bulletshares 2024 CB | Reduce -3.0% | 0.21% | −0.02 |
| XLK SS Technology Select Sector | Reduce -5.5% | 0.16% | −0.02 |
| SHYD Vaneck SH Hi YLD Muni | Sold out | 0.00% | −0.02 |
| AIF Apollo Tactical Income Fund | Sold out | 0.00% | −0.02 |
| UBER Uber Technologies Inc. | Reduce -21.0% | 0.06% | −0.02 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| VOO Vanguard S&P 500 ETF | Add +83.2% | 0.56% | +0.25 |
| JPM JPMorgan Chase & Co. | Add +28.5% | 1.10% | +0.22 |
| WMT Walmart Inc. | Add +0.9% | 1.53% | +0.16 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +55.1% | 0.45% | +0.16 |
| GS Goldman Sachs Group Inc. | Add +70.6% | 0.38% | +0.16 |
| GIS General Mills Inc. | Add +71.9% | 0.29% | +0.13 |
| AAPL Apple Inc. | Add +1.6% | 2.68% | +0.12 |
| JNJ Johnson & Johnson | Add +27.1% | 0.46% | +0.11 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +11.6% | 0.87% | +0.10 |
| BX Blackstone Inc. | Add +1.3% | 0.69% | +0.10 |
| PAUG Innovator U.S. Equity Power | New | 0.09% | +0.09 |
| NVR NVR Inc. | Add +29.1% | 0.26% | +0.09 |
| BUFR FT Vest Lad Buffervetf-Usd I | Add +595.4% | 0.10% | +0.09 |
| META Meta Platforms Inc. Class A | Add +8.0% | 0.63% | +0.08 |
| FIIG FT Intermed Dur Ig Corp. ETF | Add +463.4% | 0.09% | +0.07 |
| SO The Southern Co. | Add +17.6% | 0.33% | +0.07 |
| ORCL Oracle Corp. | Add +53.1% | 0.17% | +0.07 |
| ABBV Abbvie Inc. | Add +9.7% | 0.45% | +0.07 |
| RMD Resmed Inc. | Add +25.4% | 0.20% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +5.8% | 1.66% | +0.06 |
| AMAT Applied Materials Inc. | Add +184.4% | 0.11% | +0.06 |
| CVX Chevron Corp. | Add +30.5% | 0.44% | +0.06 |
| MCD McDonald's Corp. | Add +2.8% | 0.43% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | Add +11.7% | 0.46% | +0.05 |
| CAT Caterpillar Inc. | Add +1.6% | 0.51% | +0.05 |
| NEM Newmont Corp. | Add +24.7% | 0.15% | +0.05 |
| HD Home Depot Inc. | Add +5.9% | 0.34% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +16.3% | 0.31% | +0.05 |
| HESM Hess Midstream LP Class A | New | 0.05% | +0.05 |
| KKR KKR & Co. Inc. | Add +4.4% | 0.27% | +0.05 |
| IBM Intl Business Machines Corp. | Add +4.5% | 0.22% | +0.04 |
| LMT Lockheed Martin Corp. | Add +2.6% | 0.26% | +0.04 |
| SGOV iShares 0-3 Month Treasury B | Add +21.9% | 0.36% | +0.04 |
| JCPB JPMorgan Core Plus Bond ETF | Add +9.1% | 0.76% | +0.04 |
| LGOV First TR Long Duration O-ETF | Add +21.3% | 0.23% | +0.04 |
| MA Mastercard Inc. Class A | Add +2.3% | 0.63% | +0.04 |
| MOAT Vaneck Morningstar Wide Moat | Add +2.7% | 0.56% | +0.04 |
| HYLS FT Tactical High Yield ETF | Add +660.5% | 0.04% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +26.8% | 0.16% | +0.04 |
| DUK Duke Energy Corp. | Add +3.0% | 0.39% | +0.04 |
| NTR Nutrien Ltd. | Add +334.9% | 0.05% | +0.04 |
| SEPU Allianzim US BF15 Uncap Sep | New | 0.03% | +0.03 |
| AUGU Allianzim US BF15 Uncap Aug | New | 0.03% | +0.03 |
| PSA Public Storage | Add +3.2% | 0.19% | +0.03 |
| ACGL Arch Capital Group Ltd. | Add +184.7% | 0.05% | +0.03 |
| JULU Allianzim US BF15 Uncap Jul | New | 0.03% | +0.03 |
| FJUL FT Vest US Equity Buffer ETF | Add +61.9% | 0.09% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +9.8% | 0.32% | +0.03 |
| GEN Gen Digital Inc. | Add +463.6% | 0.04% | +0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +30.9% | 0.13% | +0.03 |
Notes & Other Activity Q2 2024 → Q3 2024
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Add +13.6% | 63,947 | $3.1M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Reduce -4.7% | 5,222 | $242K |
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 |