Stifel Financial Corp.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Stifel Financial Corp. reported 3,540 stock positions worth $111.1 billion. Its top holding was Microsoft (MSFT) at 3.1% of the portfolio, followed by Nvidia (NVDA, 2.9%) and Apple (AAPL, 2.8%). Compared with Q3 2025, it opened 202 new positions, sold out of 170, added to 1,676 and reduced 1,591. The biggest buy was Abbott Laboratories (ABT, shares +122%) and the biggest sale Oracle (ORCL, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0000720672
- Portfolio Value
- $111.1B (Q4 2025)
- SEC Filing
- 0000720672-26-000003 ↗ filed Feb 13, 2026
Holdings Value
Holdings 3,540 stocks · $111.1B
| MSFT Microsoft Corp. | 3.05% | 7,017,906 | $3.4B | Reduce -1.5% |
| NVDA Nvidia Corp. | 2.86% | 17,068,583 | $3.2B | Reduce -1.9% |
| AAPL Apple Inc. | 2.76% | 11,302,918 | $3.1B | Reduce -1.6% |
| AMZN Amazon.com Inc. | 1.73% | 8,346,270 | $1.9B | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 1.67% | 5,944,154 | $1.9B | Reduce -4.5% |
| AVGO Broadcom Inc. | 1.44% | 4,622,419 | $1.6B | Reduce -2.3% |
| JPM JPMorgan Chase & Co. | 1.13% | 3,900,287 | $1.3B | Reduce -0.4% |
| V Visa Inc. Class A | 1.07% | 3,375,198 | $1.2B | Reduce -3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.03% | 1,677,864 | $1.1B | Add +1.5% |
| WMT Walmart Inc. | 0.98% | 9,729,984 | $1.1B | Reduce -6.5% |
| GOOG Alphabet Inc. Class C | 0.95% | 3,375,118 | $1.1B | Add +1.7% |
| CSCO Cisco Systems Inc. | 0.93% | 13,446,763 | $1.0B | Reduce -2.1% |
| JNJ Johnson & Johnson | 0.91% | 4,903,995 | $1.0B | Reduce -3.1% |
| IEFA iShares Core MSCI Eafe ETF | 0.89% | 11,115,326 | $994.4M | Add +7.9% |
| VOO Vanguard S&P 500 ETF | 0.88% | 1,561,259 | $979.1M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 0.84% | 1,417,120 | $935.5M | Add +2.3% |
| PEP Pepsico Inc. | 0.82% | 6,373,723 | $914.8M | Reduce -2.6% |
| MRK Merck & Co. Inc. | 0.81% | 8,547,069 | $899.7M | Reduce -2.0% |
| HD Home Depot Inc. | 0.77% | 2,491,235 | $857.3M | Reduce -2.4% |
| IVW iShares S&P 500 Growth ETF | 0.77% | 6,922,912 | $853.3M | Reduce -3.3% |
| LLY Eli Lilly & Co. | 0.77% | 793,591 | $853.0M | Add +0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.73% | 2,727,258 | $807.9M | Reduce -1.5% |
| AGG iShares Core U.S. Aggregate | 0.67% | 7,506,356 | $749.7M | Add +15.0% |
| IVE iShares S&P 500 Value ETF | 0.62% | 3,250,570 | $689.3M | Add +7.7% |
| PG The Procter & Gamble Co. | 0.58% | 4,521,855 | $648.0M | Reduce -3.2% |
| COST Costco Wholesale Corp. | 0.56% | 723,877 | $624.4M | Reduce -3.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.55% | 995,785 | $611.8M | Add +1.1% |
| IWF iShares Russell 1000 Growth | 0.55% | 1,284,186 | $607.8M | Add +14.3% |
| ACN Accenture PLC Class A | 0.54% | 2,240,796 | $601.2M | Reduce -2.5% |
| LMT Lockheed Martin Corp. | 0.54% | 1,238,156 | $598.9M | Reduce -1.8% |
| KO The Coca-Cola Co. | 0.54% | 8,543,459 | $597.3M | Reduce -1.4% |
| ABBV Abbvie Inc. | 0.51% | 2,467,696 | $563.8M | Reduce -0.2% |
| MDT Medtronic PLC | 0.51% | 5,867,863 | $563.7M | Reduce -4.0% |
| VEA Vanguard Ftse Developed ETF | 0.51% | 8,991,350 | $561.7M | Reduce -7.4% |
| AMGN Amgen Inc. | 0.47% | 1,594,369 | $521.9M | Add +3.5% |
| UNP Union Pacific Corp. | 0.46% | 2,205,993 | $510.3M | Reduce -2.4% |
| TXN Texas Instruments Inc. | 0.46% | 2,935,343 | $509.3M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.45% | 3,947,686 | $494.6M | Add +122.0% |
| APH Amphenol Corp. Class A | 0.44% | 3,651,629 | $493.5M | Reduce -8.7% |
| WM Waste Management Inc. | 0.43% | 2,195,510 | $482.4M | Reduce -1.1% |
| CVX Chevron Corp. | 0.43% | 3,163,605 | $482.2M | Reduce -2.0% |
| XOM Exxon Mobil Corp. | 0.43% | 3,992,223 | $480.4M | Reduce -0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.43% | 3,082,686 | $473.5M | Reduce -1.9% |
| CMI Cummins Inc. | 0.42% | 922,873 | $471.1M | Reduce -12.4% |
| IVV iShares Core S&P 500 ETF | 0.42% | 683,931 | $468.5M | Add +5.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.42% | 924,335 | $464.6M | Reduce -4.3% |
| ADP Automatic Data Processing | 0.41% | 1,793,020 | $461.2M | Add +0.1% |
| NFLX Netflix Inc. | 0.41% | 4,863,116 | $456.0M | Reduce -1.1% |
| ETN Eaton Corp. PLC | 0.41% | 1,419,540 | $452.2M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 0.40% | 782,209 | $446.6M | Reduce -0.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.38% | 4,663,447 | $426.1M | Reduce -2.7% |
| ITW Illinois Tool Works | 0.37% | 1,656,654 | $408.1M | Reduce -3.9% |
| IWD iShares Russell 1000 Value E | 0.36% | 1,916,312 | $403.1M | Add +26.4% |
| MRSH Marsh & McLennan Cos | 0.36% | 2,158,391 | $400.4M | Reduce -6.0% |
| PANW Palo Alto Networks Inc. | 0.36% | 2,151,402 | $396.3M | Add +0.3% |
| CL Colgate-Palmolive Co. | 0.36% | 5,008,834 | $395.8M | Reduce -4.7% |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 681,013 | $394.6M | Add +1.0% |
| VMBS Vanguard Mortgage-Backed Sec | 0.35% | 8,298,375 | $390.7M | Add +32.3% |
| RTX RTX Corp. | 0.35% | 2,129,178 | $390.5M | Add +3.5% |
| APD Air Products & Chemicals Inc. | 0.35% | 1,575,339 | $389.2M | Reduce -4.2% |
| GWW WW Grainger Inc. | 0.34% | 371,895 | $375.3M | Reduce -3.8% |
| TSCO Tractor Supply Company | 0.34% | 7,468,081 | $373.5M | Reduce -4.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.33% | 741,333 | $361.7M | Reduce -0.7% |
| CHD Church & Dwight Co. Inc. | 0.32% | 4,298,655 | $360.4M | Reduce -4.4% |
| MBB iShares MBS ETF | 0.32% | 3,699,321 | $352.2M | Add +3.9% |
| TSLA Tesla Inc. | 0.31% | 776,576 | $349.2M | Add +7.0% |
| USIG iShares Broad Usd Investment | 0.31% | 6,720,643 | $347.9M | Add +40.3% |
| MCD McDonald's Corp. | 0.31% | 1,137,651 | $347.8M | Add +0.4% |
| RSG Republic Services Inc. | 0.31% | 1,639,452 | $347.5M | Reduce -6.6% |
| CAT Caterpillar Inc. | 0.31% | 605,482 | $346.9M | Reduce -1.1% |
| MCO Moody's Corp. | 0.31% | 673,495 | $344.1M | Reduce -5.0% |
| HON Honeywell International Inc. | 0.30% | 1,708,701 | $333.4M | Add +1.7% |
| IEMG iShares Core MSCI Emerging | 0.30% | 4,954,863 | $333.1M | Add +8.5% |
| BR Broadridge Financial Solutio | 0.29% | 1,446,103 | $322.7M | Reduce -4.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.29% | 1,674,538 | $319.8M | Add +5.7% |
| QUAL iShares MSCI USA Quality Fac | 0.28% | 1,592,772 | $316.4M | Reduce -7.7% |
| VGT Vanguard Info Tech ETF | 0.28% | 409,138 | $308.4M | Add +1.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.27% | 1,179,616 | $304.3M | Add +2.7% |
| VZ Verizon Communications Inc. | 0.27% | 7,279,683 | $296.5M | Add +1.6% |
| GLD SPDR Gold Shares | 0.26% | 742,370 | $294.2M | Reduce -14.8% |
| CRM Salesforce Inc. | 0.26% | 1,107,938 | $293.5M | Add +0.8% |
| NOW ServiceNow Inc. | 0.26% | 1,912,407 | $293.0M | No change |
| MS Morgan Stanley | 0.26% | 1,636,077 | $290.5M | Add +1.7% |
| ISRG Intuitive Surgical Inc. | 0.26% | 512,286 | $290.1M | Add +9.0% |
| FERG Ferguson Enterprises Inc. | 0.26% | 1,292,668 | $287.8M | Reduce -6.3% |
| SF Stifel Financial Corp. | 0.26% | 2,285,365 | $286.2M | Reduce -2.0% |
| TSM Taiwan Semiconductor-SP ADR | 0.26% | 940,096 | $285.7M | Add +2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 5,153,736 | $283.5M | Add +12.6% |
| GS Goldman Sachs Group Inc. | 0.25% | 310,687 | $273.1M | Add +0.6% |
| MSI Motorola Solutions Inc. | 0.24% | 708,083 | $271.4M | Add +576.0% |
| SPGI S&P Global Inc. | 0.24% | 508,742 | $265.9M | Reduce -4.9% |
| AXP American Express Co. | 0.24% | 709,346 | $262.5M | Reduce -0.0% |
| CB Chubb Ltd. | 0.24% | 838,011 | $261.6M | Add +0.2% |
| INTU Intuit Inc. | 0.23% | 394,287 | $261.2M | Reduce -4.1% |
| IEI iShares 3-7 Year Treasury Bo | 0.23% | 2,175,997 | $259.7M | Add +6.8% |
| GLW Corning Inc. | 0.23% | 2,949,686 | $258.3M | Reduce -10.8% |
| ADBE Adobe Inc. | 0.23% | 732,238 | $256.3M | Add +0.3% |
| PLD Prologis Inc. | 0.23% | 1,993,710 | $254.5M | Add +1.1% |
| VWO Vanguard Ftse Emerging Marke | 0.23% | 4,720,784 | $253.8M | Add +6.0% |
| ASML ASML Holding NV-NY Reg SHS | 0.23% | 233,960 | $250.3M | Reduce -1.7% |
Other holdings (25): bonds, preferreds, convertibles and warrants · $26.2M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 8,973 | $10.9M | Add +6.2% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 4,736 | $5.9M | Reduce -0.9% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 45,653 | $3.6M | Reduce -15.5% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 38,620 | $1.5M | Add +0.5% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 71,920 | $1.4M | Add +21.2% |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 16,678 | $1.2M | New |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 5,700 | $268K | No change |
| KKR & CO INC (KKR 6.25 03/01/28 D) | 6.25 CON SER D | 4,750 | $246K | No change |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | 3,650 | $243K | New |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 6,696 | $200K | No change |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | 176,115 | $176K | Reduce -91.6% |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 155,220 | $155K | Add +29.7% |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | 76,600 | $77K | Add +0.2% |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 21,500 | $55K | Reduce -34.9% |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | 51,818 | $52K | Add +226.2% |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | 48,750 | $49K | Reduce -1.4% |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 46,875 | $47K | New |
| WAYFAIR INC (W 1 08/15/26) | NOTE 1.000% 8/1 · principal | 33,000 | $33K | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 31,406 | $31K | New |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 32,000 | $31K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 26,000 | $26K | No change |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 20,660 | $21K | Reduce -2.3% |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 14,970 | $15K | New |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 22,213 | $2K | Add +0.3% |
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 16,000 | $416 | No change |
Total filed on the 13F, all lines: $111.2B.
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -59.3% | 0.19% | −0.49 |
| MSFT Microsoft Corp. | Reduce -1.5% | 3.05% | −0.32 |
| CLX Clorox Company | Reduce -78.3% | 0.06% | −0.28 |
| HD Home Depot Inc. | Reduce -2.4% | 0.77% | −0.17 |
| NFLX Netflix Inc. | Reduce -1.1% | 0.41% | −0.13 |
| NVDA Nvidia Corp. | Reduce -1.9% | 2.86% | −0.10 |
| ETN Eaton Corp. PLC | Reduce -2.0% | 0.41% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -3.2% | 0.58% | −0.07 |
| TSCO Tractor Supply Company | Reduce -4.9% | 0.34% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -3.0% | 0.56% | −0.07 |
| UBER Uber Technologies Inc. | Reduce -7.6% | 0.20% | −0.06 |
| MRSH Marsh & McLennan Cos | Reduce -6.0% | 0.36% | −0.06 |
| APD Air Products & Chemicals Inc. | Reduce -4.2% | 0.35% | −0.06 |
| RSG Republic Services Inc. | Reduce -6.6% | 0.31% | −0.06 |
| ITW Illinois Tool Works | Reduce -3.9% | 0.37% | −0.04 |
| TLH iShares 10-20 Year Treasury | Reduce -19.9% | 0.15% | −0.04 |
| GVI iShares Intermediate Governm | Reduce -14.8% | 0.21% | −0.04 |
| ORLY O'reilly Automotive Inc. | Reduce -1.1% | 0.19% | −0.04 |
| CMG Chipotle Mexican Grill Inc. | Reduce -40.6% | 0.05% | −0.04 |
| BR Broadridge Financial Solutio | Reduce -4.1% | 0.29% | −0.04 |
| LMT Lockheed Martin Corp. | Reduce -1.8% | 0.54% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -0.3% | 0.46% | −0.04 |
| CHD Church & Dwight Co. Inc. | Reduce -4.4% | 0.32% | −0.04 |
| SCHR Schwab Intermediate-Term US | Reduce -15.8% | 0.16% | −0.03 |
| FAST Fastenal Co. | Reduce -0.8% | 0.13% | −0.03 |
| MSTR Strategy Inc. | Reduce -2.0% | 0.03% | −0.03 |
| LIN Linde PLC | Reduce -1.6% | 0.21% | −0.03 |
| REGL Prshrs S&P Mid 400 DVD Arist | Reduce -44.5% | 0.04% | −0.03 |
| ZTS Zoetis Inc. | Reduce -20.3% | 0.06% | −0.03 |
| SYK Stryker Corp. | Reduce -6.8% | 0.20% | −0.03 |
| UNP Union Pacific Corp. | Reduce -2.4% | 0.46% | −0.03 |
| CL Colgate-Palmolive Co. | Reduce -4.7% | 0.36% | −0.03 |
| HUBS HubSpot Inc. | Reduce -38.6% | 0.03% | −0.03 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -42.9% | 0.03% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Reduce -7.4% | 0.51% | −0.03 |
| CTAS Cintas Corp. | Reduce -1.3% | 0.21% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.3% | 0.42% | −0.03 |
| TMUS T-Mobile US Inc. | Reduce -13.1% | 0.07% | −0.02 |
| LNG Cheniere Energy Inc. | Reduce -11.5% | 0.06% | −0.02 |
| MDT Medtronic PLC | Reduce -4.0% | 0.51% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -31.1% | 0.05% | −0.02 |
| CVX Chevron Corp. | Reduce -2.0% | 0.43% | −0.02 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -55.5% | 0.02% | −0.02 |
| FERG Ferguson Enterprises Inc. | Reduce -6.3% | 0.26% | −0.02 |
| FISV Fiserv Inc. | Reduce -28.0% | 0.01% | −0.02 |
| WDAY Workday Inc. Class A | Reduce -23.4% | 0.05% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -24.1% | 0.04% | −0.02 |
| ARE Alexandria Real Estate Equit | Reduce -84.5% | 0.00% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -7.7% | 0.28% | −0.02 |
| INTU Intuit Inc. | Reduce -4.1% | 0.23% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| ABT Abbott Laboratories | Add +122.0% | 0.45% | +0.23 |
| LLY Eli Lilly & Co. | Add +0.4% | 0.77% | +0.22 |
| GOOG Alphabet Inc. Class C | Add +1.7% | 0.95% | +0.22 |
| MSI Motorola Solutions Inc. | Add +576.0% | 0.24% | +0.20 |
| USIG iShares Broad Usd Investment | Add +40.3% | 0.31% | +0.08 |
| VMBS Vanguard Mortgage-Backed Sec | Add +32.3% | 0.35% | +0.08 |
| IWD iShares Russell 1000 Value E | Add +26.4% | 0.36% | +0.08 |
| AGG iShares Core U.S. Aggregate | Add +15.0% | 0.67% | +0.08 |
| IEFA iShares Core MSCI Eafe ETF | Add +7.9% | 0.89% | +0.07 |
| AMGN Amgen Inc. | Add +3.5% | 0.47% | +0.07 |
| ISRG Intuitive Surgical Inc. | Add +9.0% | 0.26% | +0.07 |
| IWF iShares Russell 1000 Growth | Add +14.3% | 0.55% | +0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +63.8% | 0.17% | +0.07 |
| TMO Thermo Fisher Scientific Inc. | Add +1.0% | 0.36% | +0.06 |
| IVE iShares S&P 500 Value ETF | Add +7.7% | 0.62% | +0.05 |
| BAC Bank of America Corp. | Add +12.6% | 0.26% | +0.04 |
| CGDV Cap Group Dividend Value | Add +23.7% | 0.19% | +0.04 |
| RTX RTX Corp. | Add +3.5% | 0.35% | +0.04 |
| MU Micron Technology Inc. | Add +3.6% | 0.08% | +0.03 |
| BKDV BNY Mellon Dynamic Value | Add +597.6% | 0.04% | +0.03 |
| MS Morgan Stanley | Add +1.7% | 0.26% | +0.03 |
| CRM Salesforce Inc. | Add +0.8% | 0.26% | +0.03 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +17.8% | 0.20% | +0.03 |
| IEMG iShares Core MSCI Emerging | Add +8.5% | 0.30% | +0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +10.5% | 0.21% | +0.02 |
| AZN Astrazeneca PLC-Spons ADR | Add +9.5% | 0.11% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.5% | 1.03% | +0.02 |
| IVV iShares Core S&P 500 ETF | Add +5.0% | 0.42% | +0.02 |
| BMY Bristol-Myers Squibb Co. | Add +11.8% | 0.10% | +0.02 |
| PLD Prologis Inc. | Add +1.1% | 0.23% | +0.02 |
| CGGR Cap Group Growth Equity | Add +30.9% | 0.09% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.0% | 0.26% | +0.02 |
| VEU Vanguard Ftse All-World Ex-U | Add +8.9% | 0.22% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +0.6% | 0.25% | +0.02 |
| CME Cme Group Inc. | Add +79.5% | 0.05% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +29.3% | 0.09% | +0.02 |
| XLF SS Financial Select Sector | Add +17.0% | 0.13% | +0.02 |
| CB Chubb Ltd. | Add +0.2% | 0.24% | +0.02 |
| AOR iShares Core 60/40 Balanced | Add +1096.0% | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +7.0% | 0.31% | +0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +14.2% | 0.14% | +0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +25.2% | 0.10% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +5.7% | 0.29% | +0.02 |
| GILD Gilead Sciences Inc. | Add +3.8% | 0.15% | +0.02 |
| HYBB iShares BB Rated Corp. Bond | Add +44.5% | 0.06% | +0.02 |
| IAU iShares Gold Trust | Add +0.8% | 0.18% | +0.02 |
| TGT Target Corp. | Add +4.0% | 0.15% | +0.02 |
| SPHD Invesco S&P 500 High Dividen | Add +152.4% | 0.03% | +0.02 |
| GEV GE Vernova Inc. | Add +4.7% | 0.18% | +0.02 |
| BSCV Invesco Bulletshares 2031 CB | Add +696.8% | 0.02% | +0.02 |
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +6.2% | 8,973 | $10.9M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.9% | 4,736 | $5.9M |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Reduce -15.5% | 45,653 | $3.6M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Add +0.5% | 38,620 | $1.5M |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +21.2% | 71,920 | $1.4M |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 16,678 | $1.2M |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | New | 3,650 | $243K |
| REDWOOD TRUST INC (RWT 7.75 06/15/27) | NOTE 7.750% 6/1 · principal | Reduce -91.6% | 176,115 | $176K |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | Add +29.7% | 155,220 | $155K |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | NOTE 5.750%10/0 · principal | Sold out | 89,730 | $90Kbefore exit |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Sold out | 21,646 | $81Kbefore exit |
| GREEN PLAINS INC (GPRE 2.25 03/15/27) | NOTE 2.250% 3/1 · principal | Add +0.2% | 76,600 | $77K |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | Reduce -34.9% | 21,500 | $55K |
| PENNYMAC CORP (PMT 5.5 03/15/26) | NOTE 5.500% 3/1 · principal | Add +226.2% | 51,818 | $52K |
| GLADSTONE CAPITAL CORP (GLAD 5.875 10/01/30) | NOTE 5.875%10/0 · principal | Reduce -1.4% | 48,750 | $49K |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | New | 46,875 | $47K |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | New | 31,406 | $31K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 310,151 | $24Kbefore exit |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | Reduce -2.3% | 20,660 | $21K |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | New | 14,970 | $15K |
| LGL.WS LGL Group Inc./the -CW25 | *W EXP 11/16/202 | Sold out | 23,651 | $8Kbefore exit |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | Add +0.3% | 22,213 | $2K |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | Sold out | 86,061 | $696before exit |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | Sold out | 30,860 | $584before exit |
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 | 3,675 | $120.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 3,600 | $108.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 3,540 | $111.1B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q3 2025 | 3,505 | $109.5B | MSFT, NVDA, AAPL, AMZN, AVGO |
| Q2 2025 | 3,441 | $102.8B | MSFT, NVDA, AAPL, AMZN, AVGO |
| Q1 2025 | 3,392 | $94.1B | MSFT, AAPL, NVDA, AMZN, V |
| Q4 2024 | 3,349 | $96.0B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q3 2024 | 3,340 | $95.3B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q2 2024 | 3,337 | $88.8B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024 | 3,309 | $87.8B | MSFT, AAPL, NVDA, AMZN, V |