Tennessee Valley Asset Management Partners

Name: Tennessee Valley Asset Management Partners 13F holdings, Q4 2025
Creator: Tennessee Valley Asset Management Partners
Published: 2026-02-05

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), Tennessee Valley Asset Management Partners reported 179 stock positions worth $771.3 million. Its top holding was Ste STR SPDR PT S&P 500 ETF (SPYM) at 20.1% of the portfolio, followed by iShares Core S&P U.S. Growth (IUSG, 7.7%) and VG Morningstar TS MKT ETF-US (VTI, 6.1%). Compared with Q3 2025, it opened 14 new positions, sold out of 5, added to 82 and reduced 73. The biggest buy was Ste STR SPDR PT S&P 500 ETF (SPYM, shares +4%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −0%).

Most Recent 13F: Q2 2026
Location: KNOXVILLE, TN
CIK: 0001826790
Portfolio Value: $771.3M (Q4 2025)
SEC Filing: 0001826790-26-000001 ↗ filed Feb 5, 2026

Holdings Value

Holdings 179 stocks · $771.3M


SPYM Ste STR SPDR PT S&P 500 ETF	20.11%	1,933,836	$155.1M	Add +3.8%
IUSG iShares Core S&P U.S. Growth	7.69%	353,247	$59.3M	Add +2.8%
VTI VG Morningstar TS MKT ETF-US	6.14%	141,331	$47.4M	Reduce -0.2%
SPYV SS SPDR P S&P 500 Value ETF	5.42%	735,506	$41.8M	Add +3.1%
DYNF Ishrs US E F R A ETF-Usd Inc.	4.79%	607,939	$37.0M	Add +4.3%
IEFA iShares Core MSCI Eafe ETF	4.42%	380,919	$34.1M	Add +3.2%
IGLB iShares 10+ Year Inv GR Corp.	3.05%	466,830	$23.6M	Add +6.1%
BRK.B Berkshire Hathaway Inc. Class B	2.92%	44,879	$22.6M	Reduce -0.5%
SPTL SS SPDR PF LNG TRM TSY E-Usd	2.69%	785,170	$20.8M	Add +5.5%
SPDW Ste STR SPDR PT DW Eu ETF	2.43%	422,792	$18.8M	Add +5.8%
QQQ Invesco QQQ Trust Series 1	1.63%	20,480	$12.6M	Reduce -0.2%
IAU iShares Gold Trust	1.53%	145,028	$11.8M	Add +1.0%
BAI Ishrs AI in and Tech Act ETF	1.50%	346,888	$11.6M	Add +6.6%
SPAB SS SPDR P Agg Bond ETF	1.38%	412,025	$10.6M	Add +9.9%
QUAL iShares MSCI USA Quality Fac	1.37%	53,046	$10.5M	Add +4.0%
OEF iShares S&P 100 ETF	1.36%	30,678	$10.5M	Add +4.3%
SCHR Schwab Intermediate-Term US	1.08%	331,741	$8.3M	Add +0.3%
IEF iShares 7-10 Year Treasury B	0.90%	72,551	$7.0M	Add +3.0%
AAPL Apple Inc.	0.87%	24,624	$6.7M	Reduce -0.7%
VIG Vanguard Dividend Apprec ETF	0.85%	29,871	$6.6M	Reduce -1.2%
VEU Vanguard Ftse All-World Ex-U	0.80%	84,081	$6.2M	Add +2.5%
HYS PIMCO 0-5 Year H/Y Corp. Bond	0.80%	64,929	$6.2M	Add +5.5%
IEI iShares 3-7 Year Treasury Bo	0.76%	48,887	$5.8M	Add +0.0%
SHLD Global X Defense Tech ETF	0.75%	89,275	$5.8M	Add +7.1%
NVDA Nvidia Corp.	0.75%	30,980	$5.8M	Reduce -5.3%
QQQM Invesco Nasdaq 100 ETF	0.75%	22,798	$5.8M	Add +17.5%
SPMD SS SPDR P S&P 400 Midcap ETF	0.75%	99,312	$5.8M	Add +5.5%
ABBV Abbvie Inc.	0.70%	23,736	$5.4M	Add +0.5%
VGSH Vanguard Short-Term Treasury	0.63%	82,597	$4.9M	Reduce -0.4%
SPY SS SPDR S&P 500 ETF Trust-US	0.59%	6,709	$4.6M	Reduce -2.9%
AVGO Broadcom Inc.	0.59%	13,155	$4.6M	Reduce -1.5%
PYLD PIMCO Multisector Bond Actv	0.57%	164,001	$4.4M	Add +10.1%
GOOG Alphabet Inc. Class C	0.54%	13,392	$4.2M	Add +0.2%
GLDM SPDR Gold Minishares Trust	0.54%	49,164	$4.2M	Add +3.5%
VONG Vanguard Russell 1000 Growth	0.50%	31,617	$3.8M	Add +2.7%
VTHR Vanguard Russell 3000	0.50%	12,770	$3.8M	Add +1.7%
HYDB iShares High Yield Systemati	0.49%	79,628	$3.8M	Add +5.9%
IWP iShares Russell Mid-Cap Grow	0.49%	27,498	$3.8M	Add +1.3%
VOO Vanguard S&P 500 ETF	0.47%	5,733	$3.6M	Add +4.4%
IYW iShares Ustechnology ETF	0.46%	17,697	$3.5M	Add +18.4%
VONV Vanguard Russell 1000 Value	0.45%	37,793	$3.5M	Add +5.5%
SPTM SS SPDR P S&P 1500 Comp ETF	0.42%	39,417	$3.3M	Add +4.6%
IGEB iShares Investment Grade SYS	0.42%	70,818	$3.2M	Add +5.1%
META Meta Platforms Inc. Class A	0.42%	4,891	$3.2M	Add +6.2%
MSFT Microsoft Corp.	0.40%	6,442	$3.1M	Reduce -2.3%
DGRO iShares Core Dividend Growth	0.37%	40,869	$2.8M	Add +1.3%
BINC iShares Flex I A ETF-Usd Inc.	0.36%	52,585	$2.8M	Add +7.8%
ABT Abbott Laboratories	0.33%	20,451	$2.6M	Add +0.0%
SPLV Invesco S&P 500 Low Volatili	0.33%	35,804	$2.6M	Add +4.2%
IVV iShares Core S&P 500 ETF	0.32%	3,604	$2.5M	Add +6.2%
PG The Procter & Gamble Co.	0.31%	16,642	$2.4M	Reduce -0.6%
PDI PIMCO Dynamic Income Fund	0.30%	131,672	$2.3M	Reduce -14.0%
VEA Vanguard Ftse Developed ETF	0.25%	31,371	$2.0M	Add +8.2%
GOF Guggenheim Strategic Opport	0.25%	151,386	$1.9M	Add +6.7%
EFA iShares MSCI Eafe ETF	0.25%	19,924	$1.9M	Add +1.6%
HYMB SS SPDR N Ice HY Muni ETF	0.24%	74,640	$1.9M	Add +0.9%
TSLA Tesla Inc.	0.23%	3,988	$1.8M	Add +2.9%
ITOT iShares Core S&P Total U.S.	0.23%	11,932	$1.8M	Add +14.1%
AMZN Amazon.com Inc.	0.23%	7,686	$1.8M	Add +6.1%
JPM JPMorgan Chase & Co.	0.23%	5,425	$1.7M	Reduce -7.5%
BIL SS SPDR BB 1-3M T-Bill ETF	0.22%	18,418	$1.7M	Reduce -15.0%
SPGM State Street SPDR Portfolio	0.22%	21,733	$1.7M	Add +6.6%
IWV iShares Russell 3000 ETF	0.21%	4,249	$1.6M	No change
RIV Rivernorth Opportunities	0.21%	137,835	$1.6M	Reduce -5.2%
VTV Vanguard Mrngstr Val ETF-Aui	0.20%	7,890	$1.5M	Add +2.9%
WMT Walmart Inc.	0.19%	12,897	$1.4M	Reduce -3.3%
GOOGL Alphabet Inc. Class A	0.18%	4,470	$1.4M	Add +0.7%
HD Home Depot Inc.	0.18%	3,993	$1.4M	Add +18.0%
SPYG SS SPDR P S&P 500 Growth ETF	0.17%	12,501	$1.3M	Reduce -4.3%
QCOM Qualcomm Inc.	0.17%	7,598	$1.3M	Reduce -17.7%
IUSV iShares Core S&P U.S. Value	0.17%	12,541	$1.3M	Add +0.4%
LOW Lowe's Cos Inc.	0.16%	5,170	$1.2M	Reduce -1.2%
SMH Vaneck Semiconductor ETF	0.15%	3,310	$1.2M	Add +13.5%
AGG iShares Core U.S. Aggregate	0.15%	11,768	$1.2M	Reduce -0.3%
IJR iShares Core S&P Small-Cap E	0.15%	9,757	$1.2M	Reduce -10.1%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F	0.15%	22,895	$1.2M	Reduce -3.6%
MUB iShares National Muni Bond E	0.15%	10,550	$1.1M	Reduce -1.7%
SCHO Schwab Short-Term US Treas	0.14%	45,182	$1.1M	Reduce -8.4%
IWF iShares Russell 1000 Growth	0.14%	2,234	$1.1M	Reduce -11.6%
STIP iShares 0-5 Year Tips Bond E	0.14%	10,323	$1.1M	Reduce -5.5%
DELL Dell Technologies -C	0.13%	8,173	$1.0M	Add +28.2%
VTWO Vanguard Russell 2000 ETF	0.13%	9,933	$988K	Add +2.3%
GLD SPDR Gold Shares	0.13%	2,467	$978K	Add +0.1%
GOVT iShares US Treasury Bond ETF	0.12%	39,958	$920K	Add +2.1%
IWY iShares Russell Top 200 Grow	0.11%	3,198	$886K	Reduce -7.1%
CBRE GBL REAL ESTATE INC FD	0.11%	191,999	$841K	Add +48.8%
MDY State Street SPDR S&P Midcap	0.11%	1,372	$828K	Add +0.1%
VXUS Vanguard Total Intl Stock	0.11%	10,951	$826K	Add +1.0%
VCIT Vanguard Int-Term Corporate	0.10%	9,371	$785K	Reduce -17.0%
STX Seagate Technology Holdings	0.10%	2,835	$781K	No change
IJH iShares Core S&P Midcap ETF	0.10%	11,628	$767K	Reduce -5.8%
RSP Invesco S&P 500 Equal Weight	0.10%	3,999	$766K	Reduce -2.4%
V Visa Inc. Class A	0.10%	2,177	$763K	Add +0.4%
BWX SS SPDR BB Intl Treasury BD	0.10%	33,512	$755K	Add +35.7%
BSCQ Invesco Bulletshares 2026 CB	0.10%	37,770	$739K	New
BTO John Hancock Financial Opp	0.09%	20,694	$726K	Add +0.1%
LRCX Lam Research Corp.	0.09%	4,149	$710K	Reduce -1.1%
SPEM State Street SP PTF Em ETF	0.09%	14,102	$660K	Add +11.4%
CAT Caterpillar Inc.	0.08%	1,119	$641K	Reduce -5.3%
AXP American Express Co.	0.08%	1,726	$639K	Reduce -3.7%
BA The Boeing Co.	0.08%	2,916	$633K	Add +73.3%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.08%	2,872	$608K	Reduce -6.7%
SPSM SS SPDR P S&P 600 Small Cap	0.08%	12,809	$600K	Add +12.9%
USMV iShares MSCI USA Min Vol Fac	0.08%	6,333	$596K	Add +6.2%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.07%	1,914	$578K	Reduce -0.5%
CRM Salesforce Inc.	0.07%	2,169	$575K	Add +2.3%
VUG Vanguard Mrngstar GR ETF-Sui	0.07%	1,155	$563K	Add +12.3%
IGV iShares Expanded Tech-Softwa	0.07%	5,040	$533K	Reduce -5.8%
XOM Exxon Mobil Corp.	0.07%	4,422	$532K	Reduce -0.6%
SPTI SS SPDR P Int Term TSY ETF	0.07%	17,963	$518K	New
INMU iShares Intermediate Muni Inc.	0.07%	20,871	$502K	Add +8.4%
VTWV Vanguard Russell 2000 Value	0.06%	3,098	$495K	No change
JNJ Johnson & Johnson	0.06%	2,292	$474K	Reduce -26.3%
RA Brookfield Real Assets Incom	0.06%	35,875	$465K	Reduce -1.9%
IWM iShares Russell 2000 ETF	0.06%	1,888	$465K	Reduce -7.4%
CMI Cummins Inc.	0.06%	910	$465K	Add +12.6%
HDV iShares Core High Dividend E	0.06%	3,788	$461K	Add +0.7%
DSI iShares ESG MSCI KLD 400 ETF	0.06%	3,493	$450K	Reduce -6.0%
JAAA Janus Henderson Aaa Clo ETF	0.06%	8,583	$434K	New
IVZ Invesco Ltd.	0.06%	16,521	$434K	Reduce -38.6%
AMD Advanced Micro Devices	0.05%	1,963	$420K	Reduce -1.4%
VGIT Vanguard Intermediate-Term T	0.05%	6,900	$414K	No change
LLY Eli Lilly & Co.	0.05%	382	$411K	Reduce -14.0%
JNK SS SPDR BB High Yield Bond	0.05%	4,174	$406K	Add +16.8%
IVW iShares S&P 500 Growth ETF	0.05%	3,229	$398K	New
MA Mastercard Inc. Class A	0.05%	691	$394K	Add +1.9%
PSX Phillips 66	0.05%	2,984	$385K	Reduce -12.1%
XMMO Invesco S&P Midcap Momentum	0.05%	2,762	$382K	Reduce -0.5%
SHM SS SPDR N Ice St Muni ETF	0.05%	7,673	$368K	Reduce -0.6%
BND Vanguard Total Bond Market	0.05%	4,910	$364K	New
SDY SS SPDR S&P Dividend ETF	0.05%	2,591	$361K	Reduce -0.5%
XLK SS Technology Select Sector	0.05%	2,434	$350K	Reduce -20.1%
URI United Rentals Inc.	0.04%	428	$346K	Reduce -8.2%
GS Goldman Sachs Group Inc.	0.04%	393	$346K	Add +0.3%
WM Waste Management Inc.	0.04%	1,565	$344K	Add +2.1%
KO The Coca-Cola Co.	0.04%	4,884	$341K	Reduce -29.3%
BABA Alibaba Group Holding-SP ADR	0.04%	2,296	$337K	Reduce -3.8%
RSG Republic Services Inc.	0.04%	1,513	$321K	Add +0.3%
VYM Vanguard High DVD Yield ETF	0.04%	2,189	$314K	Reduce -32.0%
TFC Truist Financial Corp.	0.04%	6,364	$313K	Add +1.4%
CGBL Cap Group Core Balanced filed as CAPITAL GROUP CORE BALANCED	0.04%	8,670	$306K	New
NSC Norfolk Southern Corp.	0.04%	1,055	$305K	Reduce -16.4%
SLV iShares Silver Trust	0.04%	4,682	$302K	Reduce -7.8%
QLTA iShares Aaa - A Rated Corpor	0.04%	6,169	$297K	Reduce -6.7%
XLI SS Industrial Select Sector	0.04%	1,912	$297K	Reduce -13.1%
QYLD Global X Nasd 100 Cov Call	0.04%	16,746	$296K	Reduce -10.4%
XLF SS Financial Select Sector	0.04%	5,394	$295K	Reduce -1.0%
ADP Automatic Data Processing	0.04%	1,121	$288K	Reduce -0.1%
INTU Intuit Inc.	0.04%	431	$286K	No change
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.04%	2,785	$285K	Reduce -3.9%
IWR iShares Russell Mid-Cap ETF	0.04%	2,917	$281K	Reduce -8.8%
CARR Carrier Global Corp.	0.04%	5,309	$281K	Reduce -3.7%
PEP Pepsico Inc.	0.04%	1,941	$279K	Reduce -9.4%
IUSB Ishr CR Unvrse Usd BD ETF-Ui	0.04%	5,847	$272K	Reduce -26.3%
EMB iShares JP Morgan Usd Emergi	0.03%	2,664	$257K	New
SPBO SS SPDR P Corp. Bond ETF	0.03%	8,736	$256K	Add +12.8%
VWO Vanguard Ftse Emerging Marke	0.03%	4,734	$254K	New
BSMQ Invesco Bulletshares 2026 MB	0.03%	10,437	$247K	New
MTUM iShares MSCI USA Momentum Fa	0.03%	984	$246K	Add +17.3%
INTC Intel Corp.	0.03%	6,659	$246K	Reduce -12.7%
XLV SS Health Care Select Sector	0.03%	1,586	$246K	Reduce -2.9%
HWM Howmet Aerospace Inc.	0.03%	1,168	$239K	No change
IVE iShares S&P 500 Value ETF	0.03%	1,117	$237K	Reduce -3.0%
EAGG iShares ESG Aware US Aggrega	0.03%	4,878	$233K	Add +16.9%
SMBK Smartfinancial Inc.	0.03%	6,261	$232K	No change
IGRO iShares Intl Div Growth ETF	0.03%	2,746	$227K	New
PXF Invesco Rafi Developed Marke	0.03%	3,451	$226K	Reduce -18.2%
PLTR Palantir Technologies Inc. Class A	0.03%	1,269	$226K	Reduce -43.6%
MCD McDonald's Corp.	0.03%	734	$224K	Reduce -0.7%
ORCL Oracle Corp.	0.03%	1,122	$219K	Add +2.4%
PDO PIMCO Dynamic Income Opport	0.03%	15,778	$218K	No change
VGT Vanguard Info Tech ETF	0.03%	284	$214K	No change
SO The Southern Co.	0.03%	2,409	$210K	Reduce -41.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.03%	695	$206K	Reduce -3.7%
IEMG iShares Core MSCI Emerging	0.03%	3,028	$204K	New
BSJQ Invesco Bulletshares 2026 HY	0.03%	8,655	$202K	New
UNH Unitedhealth Group Inc.	0.03%	611	$202K	New
IBND SS SPDR BB Intl Corp. BD ETF	0.03%	6,233	$200K	New
XAWPX Abrdn Global Premier Propert	0.03%	50,988	$196K	No change

Options reported separately and not counted above: MICROSOFT CORP calls ($13K), CITIGROUP INC calls ($11K), INTEL CORP puts ($388), SHOPIFY INC puts ($140), NOVO-NORDISK A S calls ($80), CITIGROUP INC puts ($42), AMAZON COM INC puts ($8), AMGEN INC puts ($5), QUALCOMM INC puts ($5), ALPHABET INC puts ($2).

Portfolio Sells Q3 2025 → Q4 2025


VTI VG Morningstar TS MKT ETF-US	Reduce -0.2%	6.14%	−0.16
BRK.B Berkshire Hathaway Inc. Class B	Reduce -0.5%	2.92%	−0.15
BSMP Invesco Bulletshares 2025 MB	Sold out	0.00%	−0.13
PDI PIMCO Dynamic Income Fund	Reduce -14.0%	0.30%	−0.11
NVDA Nvidia Corp.	Reduce -5.3%	0.75%	−0.08
BSCP Invesco Bulletshares 2025 CB	Sold out	0.00%	−0.07
MSFT Microsoft Corp.	Reduce -2.3%	0.40%	−0.06
BIL SS SPDR BB 1-3M T-Bill ETF	Reduce -15.0%	0.22%	−0.05
SCHY Schwab International DVD ETF	Sold out	0.00%	−0.05
QQQ Invesco QQQ Trust Series 1	Reduce -0.2%	1.63%	−0.04
PG The Procter & Gamble Co.	Reduce -0.6%	0.31%	−0.04
QCOM Qualcomm Inc.	Reduce -17.7%	0.17%	−0.04
VIG Vanguard Dividend Apprec ETF	Reduce -1.2%	0.85%	−0.03
VGSH Vanguard Short-Term Treasury	Reduce -0.4%	0.63%	−0.03
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -2.9%	0.59%	−0.03
DKNG Draftkings Inc. Class A	Sold out	0.00%	−0.03
BALI Is US LRG CP Pre Inc. Act-Usd	Sold out	0.00%	−0.03
IVZ Invesco Ltd.	Reduce -38.6%	0.06%	−0.03
RIV Rivernorth Opportunities	Reduce -5.2%	0.21%	−0.03
VCIT Vanguard Int-Term Corporate	Reduce -17.0%	0.10%	−0.03
PLTR Palantir Technologies Inc. Class A	Reduce -43.6%	0.03%	−0.03
SO The Southern Co.	Reduce -41.1%	0.03%	−0.03
JPM JPMorgan Chase & Co.	Reduce -7.5%	0.23%	−0.02
IWF iShares Russell 1000 Growth	Reduce -11.6%	0.14%	−0.02
IJR iShares Core S&P Small-Cap E	Reduce -10.1%	0.15%	−0.02
VYM Vanguard High DVD Yield ETF	Reduce -32.0%	0.04%	−0.02
SCHO Schwab Short-Term US Treas	Reduce -8.4%	0.14%	−0.02
KO The Coca-Cola Co.	Reduce -29.3%	0.04%	−0.02
LOW Lowe's Cos Inc.	Reduce -1.2%	0.16%	−0.02
JNJ Johnson & Johnson	Reduce -26.3%	0.06%	−0.02
STIP iShares 0-5 Year Tips Bond E	Reduce -5.5%	0.14%	−0.02
URI United Rentals Inc.	Reduce -8.2%	0.04%	−0.02
IUSB Ishr CR Unvrse Usd BD ETF-Ui	Reduce -26.3%	0.04%	−0.01
IGV iShares Expanded Tech-Softwa	Reduce -5.8%	0.07%	−0.01
BABA Alibaba Group Holding-SP ADR	Reduce -3.8%	0.04%	−0.01
JMST JPM Ultra-Short Muni Income	Reduce -3.6%	0.15%	−0.01
IWY iShares Russell Top 200 Grow	Reduce -7.1%	0.11%	−0.01
PSX Phillips 66	Reduce -12.1%	0.05%	−0.01
XLK SS Technology Select Sector	Reduce -20.1%	0.05%	−0.01
SPYG SS SPDR P S&P 500 Growth ETF	Reduce -4.3%	0.17%	−0.01
NSC Norfolk Southern Corp.	Reduce -16.4%	0.04%	−0.01
IJH iShares Core S&P Midcap ETF	Reduce -5.8%	0.10%	−0.01
MUB iShares National Muni Bond E	Reduce -1.7%	0.15%	−0.01
CARR Carrier Global Corp.	Reduce -3.7%	0.04%	−0.01
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -6.7%	0.08%	−0.01
AGG iShares Core U.S. Aggregate	Reduce -0.3%	0.15%	−0.01
AVGO Broadcom Inc.	Reduce -1.5%	0.59%	−0.01
XLI SS Industrial Select Sector	Reduce -13.1%	0.04%	−0.01
ADP Automatic Data Processing	Reduce -0.1%	0.04%	−0.01
IWM iShares Russell 2000 ETF	Reduce -7.4%	0.06%	−0.01

Portfolio Buys Q3 2025 → Q4 2025


SPYM Ste STR SPDR PT S&P 500 ETF	Add +3.8%	20.11%	+0.31
SPDW Ste STR SPDR PT DW Eu ETF	Add +5.8%	2.43%	+0.11
IAU iShares Gold Trust	Add +1.0%	1.53%	+0.11
DYNF Ishrs US E F R A ETF-Usd Inc.	Add +4.3%	4.79%	+0.11
GOOG Alphabet Inc. Class C	Add +0.2%	0.54%	+0.10
QQQM Invesco Nasdaq 100 ETF	Add +17.5%	0.75%	+0.10
BSCQ Invesco Bulletshares 2026 CB	New	0.10%	+0.10
SPTI SS SPDR P Int Term TSY ETF	New	0.07%	+0.07
SPYV SS SPDR P S&P 500 Value ETF	Add +3.1%	5.42%	+0.06
IYW iShares Ustechnology ETF	Add +18.4%	0.46%	+0.06
SPAB SS SPDR P Agg Bond ETF	Add +9.9%	1.38%	+0.06
JAAA Janus Henderson Aaa Clo ETF	New	0.06%	+0.06
IVW iShares S&P 500 Growth ETF	New	0.05%	+0.05
GLDM SPDR Gold Minishares Trust	Add +3.5%	0.54%	+0.05
BND Vanguard Total Bond Market	New	0.05%	+0.05
IEFA iShares Core MSCI Eafe ETF	Add +3.2%	4.42%	+0.04
CGBL Cap Group Core Balanced	New	0.04%	+0.04
OEF iShares S&P 100 ETF	Add +4.3%	1.36%	+0.04
GOOGL Alphabet Inc. Class A	Add +0.7%	0.18%	+0.03
EMB iShares JP Morgan Usd Emergi	New	0.03%	+0.03
VWO Vanguard Ftse Emerging Marke	New	0.03%	+0.03
BA The Boeing Co.	Add +73.3%	0.08%	+0.03
BSMQ Invesco Bulletshares 2026 MB	New	0.03%	+0.03
IGRO iShares Intl Div Growth ETF	New	0.03%	+0.03
IEMG iShares Core MSCI Emerging	New	0.03%	+0.03
BSJQ Invesco Bulletshares 2026 HY	New	0.03%	+0.03
UNH Unitedhealth Group Inc.	New	0.03%	+0.03
IBND SS SPDR BB Intl Corp. BD ETF	New	0.03%	+0.03
SMH Vaneck Semiconductor ETF	Add +13.5%	0.15%	+0.03
PYLD PIMCO Multisector Bond Actv	Add +10.1%	0.57%	+0.02
ITOT iShares Core S&P Total U.S.	Add +14.1%	0.23%	+0.02
BWX SS SPDR BB Intl Treasury BD	Add +35.7%	0.10%	+0.02
IUSG iShares Core S&P U.S. Growth	Add +2.8%	7.69%	+0.02
QUAL iShares MSCI USA Quality Fac	Add +4.0%	1.37%	+0.02
CBRE GBL REAL ESTATE INC FD	Add +48.8%	0.11%	+0.02
VEA Vanguard Ftse Developed ETF	Add +8.2%	0.25%	+0.02
VONV Vanguard Russell 1000 Value	Add +5.5%	0.45%	+0.02
SPMD SS SPDR P S&P 400 Midcap ETF	Add +5.5%	0.75%	+0.02
AMZN Amazon.com Inc.	Add +6.1%	0.23%	+0.01
CMI Cummins Inc.	Add +12.6%	0.06%	+0.01
IVV iShares Core S&P 500 ETF	Add +6.2%	0.32%	+0.01
DELL Dell Technologies -C	Add +28.2%	0.13%	+0.01
VOO Vanguard S&P 500 ETF	Add +4.4%	0.47%	+0.01
SPTM SS SPDR P S&P 1500 Comp ETF	Add +4.6%	0.42%	+0.01
SPGM State Street SPDR Portfolio	Add +6.6%	0.22%	+0.01
GLD SPDR Gold Shares	Add +0.1%	0.13%	+0.01
BINC iShares Flex I A ETF-Usd Inc.	Add +7.8%	0.36%	+0.01
VEU Vanguard Ftse All-World Ex-U	Add +2.5%	0.80%	+0.01
SPSM SS SPDR P S&P 600 Small Cap	Add +12.9%	0.08%	+0.01
CRM Salesforce Inc.	Add +2.3%	0.07%	+0.01

Notes & Other Activity Q3 2025 → Q4 2025


RIVERNORTH OPPORTUNI-RT	RIGHT 10/06/2025	Sold out	130,515	$1Kbefore 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	204	$906.5M	SPYM, IUSG, DYNF, VTI, SPYV
Q1 2026	184	$757.1M	SPYM, IUSG, DYNF, SPTL, VTI
Q4 2025	179	$771.3M	SPYM, IUSG, VTI, SPYV, DYNF
Q3 2025	170	$736.8M	SPYM, IUSG, VTI, SPYV, DYNF
Q2 2025	74	$393.9M	SPYM, VTI, SPYV, BRK.B, SPTL
Q1 2025	158	$613.1M	SPYM, IUSG, VTI, SPYV, IEFA
Q4 2024	153	$597.5M	SPYM, IUSG, VTI, SPYV, DYNF
Q3 2024	156	$604.3M	SPYM, IUSG, VTI, SPYV, DYNF
Q2 2024Amended	152	$533.5M	SPYM, IUSG, VTI, SPYV, DYNF
Q1 2024	128	$413.5M	SPYM, IUSG, SPYV, IUSB, IGLB