Transcend Capital Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), Transcend Capital Advisors, LLC reported 598 stock positions worth $1.4 billion. Its top holding was Apple (AAPL) at 7.4% of the portfolio, followed by Blue Owl Capital (OBDC, 2.8%) and Berkshire Hathaway Class B (BRK.B, 2.6%). Compared with Q4 2024, it opened 72 new positions, sold out of 43, added to 301 and reduced 187. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +190%) and the biggest sale an exit from Nuveen NY Amt-FR Muni (NRK).
- Most Recent 13F
- Q2 2026
- Location
- MADISON, NJ
- CIK
- 0001776082
- Portfolio Value
- $1.4B (Q1 2025)
- SEC Filing
- 0001776082-25-000002 ↗ filed Apr 24, 2025
Holdings Value
Holdings 598 stocks · $1.4B
| AAPL Apple Inc. | 7.41% | 463,601 | $103.0M | Add +5.6% |
| OBDC Blue Owl Capital Corp. | 2.75% | 2,610,059 | $38.3M | Add +6.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.61% | 68,091 | $36.3M | Add +190.5% |
| MSFT Microsoft Corp. | 2.60% | 96,049 | $36.1M | Add +3.5% |
| FSK FS KKR Capital Corp. | 2.12% | 1,405,884 | $29.5M | Add +2.3% |
| OWL Blue Owl Capital Inc. | 2.04% | 1,416,970 | $28.4M | Reduce -3.0% |
| MRK Merck & Co. Inc. | 1.77% | 274,632 | $24.7M | Reduce -3.5% |
| AMZN Amazon.com Inc. | 1.40% | 102,256 | $19.5M | Add +7.4% |
| NVDA Nvidia Corp. | 1.24% | 159,208 | $17.3M | Add +9.7% |
| QQQ Invesco QQQ Trust Series 1 | 1.24% | 36,724 | $17.2M | Add +3.9% |
| JPM JPMorgan Chase & Co. | 1.21% | 68,546 | $16.8M | Reduce -1.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.18% | 65,942 | $16.4M | Reduce -0.7% |
| VYM Vanguard High DVD Yield ETF | 1.15% | 124,014 | $16.0M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 1.07% | 18,038 | $14.9M | Add +4.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.05% | 26,134 | $14.6M | Reduce -34.1% |
| SPGI S&P Global Inc. | 1.02% | 27,757 | $14.1M | Reduce -1.2% |
| VIG Vanguard Dividend Apprec ETF | 0.88% | 63,043 | $12.2M | Add +3.1% |
| TCPC BlackRock TCP Capital Corp. | 0.85% | 1,472,609 | $11.8M | Add +2.8% |
| META Meta Platforms Inc. Class A | 0.82% | 19,721 | $11.4M | Add +0.3% |
| V Visa Inc. Class A | 0.82% | 32,362 | $11.3M | Add +6.4% |
| XOM Exxon Mobil Corp. | 0.81% | 94,019 | $11.2M | Add +0.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.80% | 64,274 | $11.1M | Reduce -1.3% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.80% | 138,004 | $11.1M | Add +44.4% |
| IVV iShares Core S&P 500 ETF | 0.78% | 19,392 | $10.9M | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.78% | 64,703 | $10.8M | Add +2.4% |
| HD Home Depot Inc. | 0.77% | 29,252 | $10.7M | Add +1.7% |
| XLF SS Financial Select Sector | 0.72% | 201,783 | $10.1M | Add +14.4% |
| JNJ Johnson & Johnson | 0.71% | 59,664 | $9.9M | Add +4.2% |
| GOOGL Alphabet Inc. Class A | 0.70% | 63,325 | $9.8M | Add +17.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.69% | 12 | $9.6M | Add +71.4% |
| GOOG Alphabet Inc. Class C | 0.69% | 61,211 | $9.6M | Reduce -4.8% |
| XLK SS Technology Select Sector | 0.67% | 45,333 | $9.4M | Reduce -0.2% |
| ABBV Abbvie Inc. | 0.64% | 42,177 | $8.8M | Reduce -2.0% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.63% | 33,912 | $8.7M | Add +1.3% |
| BXSL Blackstone Secured Lending F | 0.59% | 254,629 | $8.2M | Reduce -36.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.59% | 29,908 | $8.2M | Add +9.3% |
| ADP Automatic Data Processing | 0.59% | 26,737 | $8.2M | Add +2.5% |
| BX Blackstone Inc. | 0.57% | 56,302 | $7.9M | Reduce -4.9% |
| GLD SPDR Gold Shares | 0.56% | 121,420 | $7.8M | Add +369.1% |
| XLV SS Health Care Select Sector | 0.54% | 51,499 | $7.5M | Reduce -2.8% |
| NOBL Proshares S&P 500 Dividend A | 0.54% | 73,563 | $7.5M | Reduce -0.9% |
| VOO Vanguard S&P 500 ETF | 0.49% | 13,352 | $6.9M | Add +8.3% |
| SPTS SS SPDR P St Term TSY ETF | 0.47% | 225,400 | $6.6M | Reduce -0.3% |
| BGB Blackstone Strategic Credit | 0.47% | 537,002 | $6.5M | Reduce -3.7% |
| JMBS Janus Henderson Mortg Backed | 0.46% | 141,505 | $6.4M | Add +0.3% |
| BMY Bristol-Myers Squibb Co. | 0.44% | 101,072 | $6.2M | Reduce -48.4% |
| VPL Vanguard Ftse Pacific ETF | 0.43% | 82,098 | $5.9M | Add +0.6% |
| XLE SS Energy Select Sector | 0.41% | 60,835 | $5.7M | Reduce -1.7% |
| PHYS Sprott Physical Gold Trust | 0.41% | 235,871 | $5.7M | New |
| AGNC AGNC Investment Corp. | 0.40% | 585,745 | $5.6M | Add +1.6% |
| PG The Procter & Gamble Co. | 0.40% | 32,332 | $5.5M | Add +3.1% |
| MDT Medtronic PLC | 0.39% | 60,344 | $5.4M | Reduce -2.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.39% | 88,871 | $5.4M | Add +0.8% |
| GDIV Harbor Dividend Growth Leade | 0.38% | 366,468 | $5.3M | New |
| RSP Invesco S&P 500 Equal Weight | 0.38% | 30,561 | $5.3M | Reduce -9.3% |
| ORCL Oracle Corp. | 0.38% | 37,849 | $5.3M | Add +4.6% |
| XLC SS Comm Select Sector SPDR | 0.38% | 54,193 | $5.2M | Add +17.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.37% | 67,976 | $5.1M | Reduce -5.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.37% | 43,376 | $5.1M | Add +2.1% |
| TSLA Tesla Inc. | 0.35% | 18,849 | $4.9M | Add +15.7% |
| IBTI iShares Ibonds Dec 2028 Term | 0.35% | 219,177 | $4.9M | Reduce -4.0% |
| MRSH Marsh & McLennan Cos | 0.35% | 19,741 | $4.8M | Add +1.6% |
| PEP Pepsico Inc. | 0.34% | 31,390 | $4.7M | Add +5.4% |
| NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP | 0.34% | 423,784 | $4.7M | New |
| SDY SS SPDR S&P Dividend ETF | 0.33% | 34,241 | $4.6M | Add +0.5% |
| CVX Chevron Corp. | 0.33% | 27,530 | $4.6M | Reduce -12.7% |
| IBTF iShares Ibonds Dec 2025 Term | 0.32% | 190,781 | $4.5M | Reduce -1.3% |
| MCD McDonald's Corp. | 0.32% | 14,115 | $4.4M | Add +2.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.32% | 55,822 | $4.4M | Add +0.4% |
| DFAC Dimensional US Core Equity 2 | 0.32% | 133,195 | $4.4M | Add +1365.5% |
| IJH iShares Core S&P Midcap ETF | 0.31% | 74,556 | $4.4M | Add +11.9% |
| HON Honeywell International Inc. | 0.31% | 20,188 | $4.3M | Add +24.1% |
| SYK Stryker Corp. | 0.30% | 11,353 | $4.2M | Add +3.8% |
| COR Cencora Inc. | 0.30% | 15,124 | $4.2M | Add +4.5% |
| XLY SS Consumer Disc Select Sect | 0.30% | 20,914 | $4.1M | Add +2.0% |
| KMI Kinder Morgan Inc. | 0.29% | 140,469 | $4.0M | Add +0.8% |
| IQLT iShares MSCI International Q | 0.29% | 100,555 | $4.0M | Add +149.8% |
| MA Mastercard Inc. Class A | 0.28% | 7,190 | $3.9M | Add +18.5% |
| XBI SS SPDR S&P Biotech ETF | 0.28% | 48,553 | $3.9M | Reduce -1.6% |
| CHD Church & Dwight Co. Inc. | 0.28% | 35,324 | $3.9M | Add +0.1% |
| AZN Astrazeneca PLC-Spons ADR | 0.28% | 52,891 | $3.9M | Reduce -27.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.28% | 59,066 | $3.9M | Add +5.7% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.28% | 69,856 | $3.8M | Reduce -29.2% |
| TLH iShares 10-20 Year Treasury | 0.28% | 36,880 | $3.8M | Add +4.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 38,331 | $3.8M | Add +0.1% |
| WMT Walmart Inc. | 0.27% | 42,978 | $3.8M | Add +8.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 10,158 | $3.8M | Add +5.2% |
| IHI iShares U.S. Medical Devices | 0.27% | 62,490 | $3.8M | Reduce -9.6% |
| IBIT iShares Bitcoin Trust ETF | 0.27% | 80,042 | $3.7M | Reduce -14.4% |
| XLG Invesco S&P 500 Top 50 ETF | 0.27% | 80,538 | $3.7M | Add +0.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 30,107 | $3.7M | Reduce -0.4% |
| XLP SS Consumer Staples Sel Sect | 0.26% | 44,532 | $3.6M | Reduce -3.4% |
| FTEC Fidelity MSCI Info Tech Indx | 0.26% | 22,510 | $3.6M | Reduce -3.3% |
| WINN Harbor Long-Term Growers ETF | 0.26% | 147,596 | $3.6M | Reduce -3.7% |
| TMO Thermo Fisher Scientific Inc. | 0.26% | 7,217 | $3.6M | Reduce -2.1% |
| ACN Accenture PLC Class A | 0.26% | 11,492 | $3.6M | Add +2.2% |
| IVW iShares S&P 500 Growth ETF | 0.26% | 38,262 | $3.6M | Reduce -2.3% |
| ETN Eaton Corp. PLC | 0.25% | 12,907 | $3.5M | Add +4.6% |
| WFC Wells Fargo & Co. | 0.25% | 48,504 | $3.5M | Reduce -2.1% |
| VGT Vanguard Info Tech ETF | 0.25% | 6,297 | $3.4M | Add +2.3% |
Options reported separately and not counted above: SPY puts ($4.6M), NVDA puts ($325K), NVO calls ($69K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $5K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BRISTOL MYERS - CELGENE CVR | RIGHT 12/30/2030 | 109,175 | $5K | Reduce -7.3% |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q4 2024 → Q1 2025
| NRK Nuveen NY Amt-FR Muni Inc. | Sold out | 0.00% | −0.78 |
| BRZU Dir Dai Ms Braz Bul 2X ETF-U | Sold out | 0.00% | −0.64 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -34.1% | 1.05% | −0.63 |
| OWL Blue Owl Capital Inc. | Reduce -3.0% | 2.04% | −0.41 |
| MYN BlackRock Muniyield NY QLTY | Sold out | 0.00% | −0.38 |
| BMY Bristol-Myers Squibb Co. | Reduce -48.4% | 0.44% | −0.36 |
| BXSL Blackstone Secured Lending F | Reduce -36.0% | 0.59% | −0.33 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.29 |
| MRK Merck & Co. Inc. | Reduce -3.5% | 1.77% | −0.27 |
| OBDE Blue Owl Capital Corp. III | Sold out | 0.00% | −0.22 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -52.1% | 0.19% | −0.22 |
| NAN Nuveen NY QLTY Muni Inc. | Sold out | 0.00% | −0.20 |
| GOOG Alphabet Inc. Class C | Reduce -4.8% | 0.69% | −0.20 |
| BX Blackstone Inc. | Reduce -4.9% | 0.57% | −0.17 |
| IFN Aberdeen India Fund Inc. | Sold out | 0.00% | −0.17 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -29.2% | 0.28% | −0.12 |
| IAI iShares U.S. Broker-Dealers | Sold out | 0.00% | −0.11 |
| APD Air Products & Chemicals Inc. | Reduce -75.8% | 0.03% | −0.10 |
| IBIT iShares Bitcoin Trust ETF | Reduce -14.4% | 0.27% | −0.09 |
| XLK SS Technology Select Sector | Reduce -0.2% | 0.67% | −0.09 |
| AEIS Advanced Energy Industries | Reduce -64.7% | 0.03% | −0.08 |
| BBCA JPMorgan Betabuilders Canada | Sold out | 0.00% | −0.08 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -38.2% | 0.10% | −0.08 |
| CSX CSX Corp. | Sold out | 0.00% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -34.0% | 0.15% | −0.07 |
| EZU iShares MSCI Eurozone ETF | Sold out | 0.00% | −0.07 |
| PFE Pfizer Inc. | Reduce -18.6% | 0.23% | −0.07 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -27.2% | 0.28% | −0.06 |
| TEL Te Connectivity PLC | Reduce -25.2% | 0.18% | −0.06 |
| AVT Avnet Inc. | Sold out | 0.00% | −0.06 |
| ZM Zoom Communications Inc. | Reduce -22.1% | 0.14% | −0.06 |
| TGT Target Corp. | Reduce -55.3% | 0.03% | −0.06 |
| ADBE Adobe Inc. | Reduce -19.0% | 0.12% | −0.05 |
| XAWFX Alliancebernstein GL Hi Inc. | Sold out | 0.00% | −0.05 |
| ESGU iShares ESG Aware MSCI USA | Reduce -21.8% | 0.15% | −0.05 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -41.0% | 0.08% | −0.05 |
| FTEC Fidelity MSCI Info Tech Indx | Reduce -3.3% | 0.26% | −0.05 |
| RSP Invesco S&P 500 Equal Weight | Reduce -9.3% | 0.38% | −0.04 |
| ILMN Illumina Inc. | Sold out | 0.00% | −0.04 |
| CRM Salesforce Inc. | Reduce -12.3% | 0.11% | −0.04 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.04 |
| HYT BlackRock Corp. Hi YLD | Sold out | 0.00% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.3% | 0.78% | −0.04 |
| HUM Humana Inc. | Reduce -63.5% | 0.03% | −0.04 |
| WINN Harbor Long-Term Growers ETF | Reduce -3.7% | 0.26% | −0.04 |
| KKR KKR & Co. Inc. | Reduce -24.0% | 0.06% | −0.04 |
| DHR Danaher Corp. | Reduce -6.1% | 0.19% | −0.04 |
| XBI SS SPDR S&P Biotech ETF | Reduce -1.6% | 0.28% | −0.04 |
| BLK BlackRock Inc. | Reduce -5.7% | 0.23% | −0.03 |
| PCG P G & E Corp. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +190.5% | 2.61% | +1.84 |
| PHYS Sprott Physical Gold Trust | New | 0.41% | +0.41 |
| GDIV Harbor Dividend Growth Leade | New | 0.38% | +0.38 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +71.4% | 0.69% | +0.35 |
| NMFC New Mountain Finance Corp. | New | 0.34% | +0.34 |
| DFAC Dimensional US Core Equity 2 | Add +1365.5% | 0.32% | +0.29 |
| DUHP Dimensional US High Profi Et | New | 0.22% | +0.22 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +44.4% | 0.80% | +0.19 |
| IQLT iShares MSCI International Q | Add +149.8% | 0.29% | +0.18 |
| SOXX iShares Semiconductor ETF | Add +175.6% | 0.22% | +0.13 |
| XEL Xcel Energy Inc. | New | 0.13% | +0.13 |
| V Visa Inc. Class A | Add +6.4% | 0.82% | +0.12 |
| DHI D.R. Horton Inc. | Add +353.5% | 0.16% | +0.12 |
| JNJ Johnson & Johnson | Add +4.2% | 0.71% | +0.11 |
| GSBD Goldman Sachs BDC Inc. | New | 0.11% | +0.11 |
| IGV iShares Expanded Tech-Softwa | Add +222.3% | 0.17% | +0.11 |
| WMB Williams Cos Inc. | Add +178.4% | 0.17% | +0.11 |
| GLD SPDR Gold Shares | Add +369.1% | 0.56% | +0.11 |
| AFG American Financial Group Inc. | New | 0.11% | +0.11 |
| XLF SS Financial Select Sector | Add +14.4% | 0.72% | +0.11 |
| LLY Eli Lilly & Co. | Add +4.1% | 1.07% | +0.11 |
| YOU Clear Secure Inc. Class A | New | 0.10% | +0.10 |
| OBDC Blue Owl Capital Corp. | Add +6.8% | 2.75% | +0.09 |
| VRTS Virtus Investment Partners | New | 0.09% | +0.09 |
| BUFG FT Vest Buffered Allocation | New | 0.09% | +0.09 |
| TT Trane Technologies PLC | New | 0.09% | +0.09 |
| GUNR NT Mstar GLBL NR ETF | New | 0.08% | +0.08 |
| XOM Exxon Mobil Corp. | Add +0.6% | 0.81% | +0.08 |
| ROL Rollins Inc. | Add +81.8% | 0.15% | +0.08 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 0.07% | +0.07 |
| FISV Fiserv Inc. | Add +60.7% | 0.17% | +0.07 |
| QGRO American Century US Quality | New | 0.07% | +0.07 |
| COR Cencora Inc. | Add +4.5% | 0.30% | +0.07 |
| FTHY First Trust Hi YLD Opp 2027 | New | 0.07% | +0.07 |
| VONG Vanguard Russell 1000 Growth | New | 0.07% | +0.07 |
| INGR Ingredion Inc. | Add +156.7% | 0.11% | +0.07 |
| CEF Sprott Physical Gold and Sil | New | 0.06% | +0.06 |
| AMLP Alerian MLP ETF | Add +36.0% | 0.17% | +0.05 |
| XLC SS Comm Select Sector SPDR | Add +17.2% | 0.38% | +0.05 |
| MA Mastercard Inc. Class A | Add +18.5% | 0.28% | +0.05 |
| BDX Becton Dickinson and Co. | Add +109.9% | 0.09% | +0.05 |
| CVS CVS Health Corp. | Add +38.9% | 0.09% | +0.05 |
| MRSH Marsh & McLennan Cos | Add +1.6% | 0.35% | +0.05 |
| DFAU Dimensional US Core Equity M | New | 0.05% | +0.05 |
| TDG Transdigm Group Inc. | New | 0.04% | +0.04 |
| HON Honeywell International Inc. | Add +24.1% | 0.31% | +0.04 |
| GE General Electric | Add +12.2% | 0.16% | +0.04 |
| FNY First Trust Mid Cap Growth | New | 0.04% | +0.04 |
| SMIG Bahl & Gaynor S/M Inc. Growth | Add +69.3% | 0.10% | +0.04 |
| BIP Brookfield Infrastructure Pa | New | 0.04% | +0.04 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 8,200 | $4.6M |
| NVDA Nvidia Corp. | put | New | 3,000 | $325K |
| NVO Novo-Nordisk A/S-Spons ADR | call | New | 1,000 | $69K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2024 → Q1 2025
| BRISTOL MYERS - CELGENE CVR | RIGHT 12/30/2030 | Reduce -7.3% | 109,175 | $5K |
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 | 811 | $1.5B | AAPL, BRK.B, SPYG, MSFT, MRK |
| Q1 2026 | 715 | $1.2B | AAPL, BRK.B, MRK, SPYG, MSFT |
| Q4 2025 | 679 | $1.3B | AAPL, BRK.B, MSFT, MRK, SPYG |
| Q3 2025 | 687 | $1.4B | AAPL, BRK.B, MSFT, OBDC, NVDA |
| Q2 2025 | 609 | $1.3B | AAPL, MSFT, BRK.B, OBDC, FSK |
| Q1 2025 | 598 | $1.4B | AAPL, OBDC, BRK.B, MSFT, FSK |
| Q4 2024 | 569 | $1.4B | AAPL, MSFT, OBDC, OWL, FSK |
| Q3 2024 | 616 | $1.5B | AAPL, MSFT, OBDC, MRK, OWL |
| Q2 2024 | 596 | $1.4B | AAPL, MSFT, OBDC, MRK, OWL |
| Q1 2024 | 532 | $1.2B | AAPL, OBDC, MSFT, MRK, OWL |