Transcend Capital Advisors, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Transcend Capital Advisors, LLC reported 687 stock positions worth $1.4 billion. Its top holding was Apple (AAPL) at 7.8% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.1%) and Microsoft (MSFT, 3.1%). Compared with Q2 2025, it opened 113 new positions, sold out of 35, added to 348 and reduced 186. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale FS KKR Capital (FSK, shares −25%).
- Most Recent 13F
- Q2 2026
- Location
- MADISON, NJ
- CIK
- 0001776082
- Portfolio Value
- $1.4B (Q3 2025)
- SEC Filing
- 0001776082-25-000008 ↗ filed Nov 4, 2025
Holdings Value
Holdings 687 stocks · $1.4B
| AAPL Apple Inc. | 7.80% | 433,776 | $110.5M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.08% | 86,599 | $43.5M | Add +9.3% |
| MSFT Microsoft Corp. | 3.07% | 83,774 | $43.4M | Add +3.6% |
| OBDC Blue Owl Capital Corp. | 2.11% | 2,335,874 | $29.8M | Reduce -2.1% |
| NVDA Nvidia Corp. | 2.04% | 154,501 | $28.8M | Add +4.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.84% | 248,762 | $26.0M | Reduce -7.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.60% | 37,721 | $22.6M | Add +2.4% |
| MRK Merck & Co. Inc. | 1.59% | 268,480 | $22.5M | Add +0.0% |
| AMZN Amazon.com Inc. | 1.57% | 101,103 | $22.2M | Add +8.8% |
| OWL Blue Owl Capital Inc. | 1.29% | 1,082,022 | $18.3M | Reduce -0.5% |
| VYM Vanguard High DVD Yield ETF | 1.24% | 124,838 | $17.6M | Add +0.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.21% | 60,813 | $17.2M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.14% | 24,233 | $16.1M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.13% | 50,750 | $16.0M | Reduce -2.7% |
| FSK FS KKR Capital Corp. | 1.04% | 983,550 | $14.7M | Reduce -25.3% |
| GOOG Alphabet Inc. Class C | 1.03% | 59,916 | $14.6M | Add +9.0% |
| SPGI S&P Global Inc. | 0.95% | 27,699 | $13.5M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 0.93% | 54,192 | $13.2M | Add +5.3% |
| VIG Vanguard Dividend Apprec ETF | 0.91% | 59,992 | $12.9M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 0.89% | 17,148 | $12.6M | Add +8.0% |
| IVV iShares Core S&P 500 ETF | 0.85% | 18,020 | $12.1M | Reduce -7.2% |
| XLK SS Technology Select Sector | 0.84% | 42,265 | $11.9M | Reduce -10.1% |
| AVGO Broadcom Inc. | 0.79% | 33,766 | $11.1M | Add +3.7% |
| ORCL Oracle Corp. | 0.77% | 38,565 | $10.8M | Add +6.8% |
| V Visa Inc. Class A | 0.75% | 31,128 | $10.6M | Reduce -0.5% |
| HD Home Depot Inc. | 0.74% | 25,708 | $10.4M | Add +3.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.73% | 33,574 | $10.3M | Add +1.4% |
| PHYS Sprott Physical Gold Trust | 0.73% | 348,029 | $10.3M | Add +12.4% |
| JNJ Johnson & Johnson | 0.73% | 55,378 | $10.3M | Reduce -5.9% |
| XOM Exxon Mobil Corp. | 0.70% | 87,473 | $9.9M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.69% | 13 | $9.8M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.69% | 29,815 | $9.8M | Add +0.4% |
| VOO Vanguard S&P 500 ETF | 0.64% | 14,835 | $9.1M | Add +6.3% |
| TSLA Tesla Inc. | 0.63% | 20,180 | $9.0M | Add +4.7% |
| BX Blackstone Inc. | 0.62% | 51,434 | $8.8M | Add +2.4% |
| LLY Eli Lilly & Co. | 0.60% | 11,176 | $8.5M | Add +3.9% |
| IEI iShares 3-7 Year Treasury Bo | 0.57% | 67,319 | $8.0M | Add +73.8% |
| TCPC BlackRock TCP Capital Corp. | 0.54% | 1,225,952 | $7.6M | Reduce -8.1% |
| ABBV Abbvie Inc. | 0.54% | 32,756 | $7.6M | Reduce -14.7% |
| NOBL Proshares S&P 500 Dividend A | 0.52% | 71,111 | $7.3M | Reduce -3.6% |
| NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP | 0.49% | 715,793 | $6.9M | Add +0.2% |
| DFAC Dimensional US Core Equity 2 | 0.47% | 172,015 | $6.6M | Add +9.9% |
| IBIT iShares Bitcoin Trust ETF | 0.47% | 102,023 | $6.6M | Add +5.6% |
| XLF SS Financial Select Sector | 0.47% | 123,100 | $6.6M | Add +1.2% |
| BGB Blackstone Strategic Credit | 0.46% | 539,523 | $6.6M | Add +91.2% |
| XLC SS Comm Select Sector SPDR | 0.46% | 55,358 | $6.6M | Reduce -4.2% |
| AMLP Alerian MLP ETF | 0.45% | 136,921 | $6.4M | Add +20.3% |
| GLD SPDR Gold Shares | 0.45% | 112,407 | $6.4M | Add +3.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 33,186 | $6.2M | Add +1.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.41% | 81,664 | $5.8M | Reduce -3.9% |
| XLV SS Health Care Select Sector | 0.37% | 37,804 | $5.3M | Reduce -24.5% |
| AGNC AGNC Investment Corp. | 0.36% | 526,895 | $5.2M | Reduce -6.9% |
| IJH iShares Core S&P Midcap ETF | 0.36% | 77,181 | $5.0M | Reduce -1.6% |
| XLY SS Consumer Disc Select Sect | 0.34% | 20,179 | $4.8M | Reduce -2.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.34% | 9,989 | $4.8M | Add +1.8% |
| IEFA iShares Core MSCI Eafe ETF | 0.34% | 54,770 | $4.8M | Reduce -5.8% |
| VGT Vanguard Info Tech ETF | 0.33% | 6,337 | $4.7M | Add +1.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.33% | 58,558 | $4.7M | Add +8.5% |
| XLG Invesco S&P 500 Top 50 ETF | 0.33% | 81,163 | $4.7M | Add +5.8% |
| ADP Automatic Data Processing | 0.32% | 15,329 | $4.5M | Reduce -4.2% |
| QUAL iShares MSCI USA Quality Fac | 0.32% | 23,003 | $4.5M | Add +2.8% |
| IWF iShares Russell 1000 Growth | 0.31% | 9,438 | $4.4M | Reduce -7.3% |
| IVW iShares S&P 500 Growth ETF | 0.31% | 36,231 | $4.4M | Reduce -4.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.30% | 54,328 | $4.3M | Add +2.0% |
| WMT Walmart Inc. | 0.30% | 40,938 | $4.2M | Add +27.8% |
| GSBD Goldman Sachs BDC Inc. | 0.30% | 411,984 | $4.2M | Reduce -2.3% |
| ETN Eaton Corp. PLC | 0.30% | 11,174 | $4.2M | Reduce -7.8% |
| CVX Chevron Corp. | 0.29% | 26,754 | $4.2M | Add +10.9% |
| COR Cencora Inc. | 0.29% | 13,230 | $4.1M | Reduce -8.1% |
| MA Mastercard Inc. Class A | 0.29% | 7,135 | $4.1M | Add +4.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 27,551 | $4.0M | Reduce -1.1% |
| WFC Wells Fargo & Co. | 0.28% | 46,972 | $3.9M | Reduce -0.7% |
| DUHP Dimensional US High Profi Et | 0.28% | 103,647 | $3.9M | Add +5.0% |
| BXSL Blackstone Secured Lending F | 0.28% | 149,747 | $3.9M | Add +0.7% |
| EFA iShares MSCI Eafe ETF | 0.27% | 41,379 | $3.9M | Add +20.4% |
| IEMG iShares Core MSCI Emerging | 0.27% | 58,107 | $3.8M | Add +6.3% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.27% | 3,991 | $3.8M | Reduce -0.3% |
| IJR iShares Core S&P Small-Cap E | 0.27% | 31,916 | $3.8M | Reduce -0.5% |
| MS Morgan Stanley | 0.27% | 23,828 | $3.8M | Reduce -2.5% |
| NFLX Netflix Inc. | 0.27% | 3,131 | $3.8M | Reduce -6.2% |
| IGM iShares Expanded Tech Sector | 0.26% | 29,581 | $3.7M | New |
| SYK Stryker Corp. | 0.26% | 10,074 | $3.7M | Reduce -5.5% |
| SOXX iShares Semiconductor ETF | 0.26% | 13,721 | $3.7M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 32,249 | $3.7M | Reduce -1.5% |
| XLE SS Energy Select Sector | 0.26% | 40,823 | $3.6M | Reduce -0.5% |
| XLP SS Consumer Staples Sel Sect | 0.26% | 46,364 | $3.6M | Add +11.2% |
| PG The Procter & Gamble Co. | 0.26% | 23,555 | $3.6M | Add +4.8% |
| GDIV Harbor Dividend Growth Leade | 0.25% | 220,103 | $3.6M | Reduce -23.2% |
| WINN Harbor Long-Term Growers ETF | 0.25% | 112,617 | $3.5M | Add +0.6% |
| EEMA iShares MSCI Emerg MRKT Asia | 0.24% | 37,685 | $3.5M | Reduce -0.1% |
| MRSH Marsh & McLennan Cos | 0.24% | 17,112 | $3.4M | Reduce -2.4% |
| COF Capital One Financial Corp. | 0.24% | 16,192 | $3.4M | Add +13.8% |
| XBI SS SPDR S&P Biotech ETF | 0.24% | 34,068 | $3.4M | Add +0.0% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.24% | 56,729 | $3.4M | Add +11.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 64,251 | $3.3M | Add +2.4% |
| VPL Vanguard Ftse Pacific ETF | 0.23% | 37,352 | $3.3M | Reduce -2.6% |
| TEL Te Connectivity PLC | 0.23% | 14,756 | $3.2M | Reduce -7.1% |
| GE General Electric filed as GE AEROSPACE | 0.23% | 10,660 | $3.2M | Add +6.4% |
| HON Honeywell International Inc. | 0.23% | 15,208 | $3.2M | Reduce -7.2% |
| CHD Church & Dwight Co. Inc. | 0.22% | 36,255 | $3.2M | Add +1.6% |
Options reported separately and not counted above: SPY puts ($5.9M), NVDA puts ($560K), SPY calls ($333K), QQQ calls ($300K), NVO calls ($55K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $4K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BRISTOL MYERS - CELGENE CVR | RIGHT 12/30/2030 | 109,175 | $3K | No change |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 50,000 | $720 | New |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q2 2025 → Q3 2025
| FSK FS KKR Capital Corp. | Reduce -25.3% | 1.04% | −1.08 |
| OBDC Blue Owl Capital Corp. | Reduce -2.1% | 2.11% | −0.55 |
| OWL Blue Owl Capital Inc. | Reduce -0.5% | 1.29% | −0.33 |
| TCPC BlackRock TCP Capital Corp. | Reduce -8.1% | 0.54% | −0.26 |
| IGV iShares Expanded Tech-Softwa | Reduce -88.0% | 0.03% | −0.21 |
| XLV SS Health Care Select Sector | Reduce -24.5% | 0.37% | −0.15 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -7.0% | 1.84% | −0.14 |
| ACN Accenture PLC Class A | Reduce -35.1% | 0.12% | −0.13 |
| V Visa Inc. Class A | Reduce -0.5% | 0.75% | −0.11 |
| GDIV Harbor Dividend Growth Leade | Reduce -23.2% | 0.25% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -7.2% | 0.85% | −0.08 |
| XLK SS Technology Select Sector | Reduce -10.1% | 0.84% | −0.08 |
| NFLX Netflix Inc. | Reduce -6.2% | 0.27% | −0.08 |
| GSBD Goldman Sachs BDC Inc. | Reduce -2.3% | 0.30% | −0.07 |
| HON Honeywell International Inc. | Reduce -7.2% | 0.23% | −0.07 |
| IHI iShares U.S. Medical Devices | Reduce -33.4% | 0.10% | −0.07 |
| IWS iShares Russell Mid-Cap Valu | Reduce -40.6% | 0.09% | −0.07 |
| ADP Automatic Data Processing | Reduce -4.2% | 0.32% | −0.07 |
| SYK Stryker Corp. | Reduce -5.5% | 0.26% | −0.06 |
| KVUE Kenvue Inc. | Reduce -66.9% | 0.02% | −0.06 |
| NOBL Proshares S&P 500 Dividend A | Reduce -3.6% | 0.52% | −0.06 |
| ZM Zoom Communications Inc. | Reduce -34.3% | 0.10% | −0.06 |
| AMT American Tower Corp. | Reduce -13.5% | 0.12% | −0.06 |
| GWW WW Grainger Inc. | Reduce -0.3% | 0.27% | −0.05 |
| DIS The Walt Disney Co. | Reduce -1.5% | 0.26% | −0.05 |
| MRSH Marsh & McLennan Cos | Reduce -2.4% | 0.24% | −0.05 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -54.2% | 0.04% | −0.05 |
| VIG Vanguard Dividend Apprec ETF | Reduce -1.4% | 0.91% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -2.7% | 1.13% | −0.04 |
| COR Cencora Inc. | Reduce -8.1% | 0.29% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -2.7% | 0.20% | −0.04 |
| NOW ServiceNow Inc. | Reduce -9.6% | 0.11% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -7.8% | 0.30% | −0.04 |
| AVUV Avantis US Small Cap Value | Reduce -17.6% | 0.18% | −0.04 |
| AGNC AGNC Investment Corp. | Reduce -6.9% | 0.36% | −0.04 |
| TT Trane Technologies PLC | Reduce -13.2% | 0.13% | −0.04 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -5.8% | 0.34% | −0.04 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -13.9% | 0.14% | −0.04 |
| IYW iShares Ustechnology ETF | Reduce -42.8% | 0.05% | −0.04 |
| BR Broadridge Financial Solutio | Reduce -7.6% | 0.17% | −0.04 |
| INTU Intuit Inc. | Reduce -7.0% | 0.10% | −0.04 |
| CI The Cigna Group | Reduce -12.3% | 0.08% | −0.03 |
| IBTF iShares Ibonds Dec 2025 Term | Reduce -6.9% | 0.19% | −0.03 |
| ET Energy Transfer LP | Reduce -22.5% | 0.07% | −0.03 |
| EFV iShares MSCI Eafe Value ETF | Reduce -18.7% | 0.13% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -3.9% | 0.41% | −0.03 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -15.9% | 0.13% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -8.9% | 0.17% | −0.03 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.03 |
| PANW Palo Alto Networks Inc. | Reduce -7.0% | 0.16% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.7% | 7.80% | +0.94 |
| GOOG Alphabet Inc. Class C | Add +9.0% | 1.03% | +0.27 |
| IGM iShares Expanded Tech Sector | New | 0.26% | +0.26 |
| GOOGL Alphabet Inc. Class A | Add +5.3% | 0.93% | +0.23 |
| NVDA Nvidia Corp. | Add +4.0% | 2.04% | +0.21 |
| IEI iShares 3-7 Year Treasury Bo | Add +73.8% | 0.57% | +0.21 |
| BGB Blackstone Strategic Credit | Add +91.2% | 0.46% | +0.20 |
| TSLA Tesla Inc. | Add +4.7% | 0.63% | +0.16 |
| ORCL Oracle Corp. | Add +6.8% | 0.77% | +0.15 |
| SHY iShares 1-3 Year Treasury Bo | Add +611.1% | 0.17% | +0.14 |
| ETHA iShares Ethereum Trust ETF | New | 0.14% | +0.14 |
| GLD SPDR Gold Shares | Add +3.7% | 0.45% | +0.12 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +342.5% | 0.16% | +0.12 |
| PHYS Sprott Physical Gold Trust | Add +12.4% | 0.73% | +0.12 |
| LULU Lululemon Athletica Inc. | New | 0.10% | +0.10 |
| HOUS Anywhere Real Estate Inc. | Add +0.2% | 0.15% | +0.09 |
| AVGO Broadcom Inc. | Add +3.7% | 0.79% | +0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.3% | 3.08% | +0.09 |
| UCON First Trust Smith Unconstrai | Add +85.4% | 0.16% | +0.07 |
| NFRA NT GLBL BRD Infra ETF | New | 0.06% | +0.06 |
| MU Micron Technology Inc. | Add +37.9% | 0.14% | +0.06 |
| WMT Walmart Inc. | Add +27.8% | 0.30% | +0.05 |
| INTC Intel Corp. | Add +81.9% | 0.09% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +30.8% | 0.14% | +0.05 |
| FAST Fastenal Co. | Add +51.9% | 0.13% | +0.05 |
| FEGE First Eagle GL Equity ETF | Add +112.0% | 0.09% | +0.05 |
| TROW T Rowe Price Group Inc. | New | 0.04% | +0.04 |
| ITA iShares U.S. Aerospace & Def | New | 0.04% | +0.04 |
| VEEV Veeva Systems Inc. Class A | New | 0.04% | +0.04 |
| CPRT Copart Inc. | New | 0.04% | +0.04 |
| NEM Newmont Corp. | Add +84.6% | 0.07% | +0.04 |
| BX Blackstone Inc. | Add +2.4% | 0.62% | +0.04 |
| PCG P G & E Corp. | Add +238.1% | 0.05% | +0.04 |
| BUFG FT Vest Buffered Allocation | Add +29.1% | 0.18% | +0.04 |
| BDX Becton Dickinson and Co. | Add +88.2% | 0.08% | +0.04 |
| EFA iShares MSCI Eafe ETF | Add +20.4% | 0.27% | +0.03 |
| MEDP Medpace Holdings Inc. | New | 0.03% | +0.03 |
| CIEN Ciena Corp. | Add +87.2% | 0.05% | +0.03 |
| B Barrick Mining Corp. | New | 0.03% | +0.03 |
| ANET Arista Networks Inc. | Add +13.5% | 0.10% | +0.03 |
| DFAC Dimensional US Core Equity 2 | Add +9.9% | 0.47% | +0.03 |
| CHRW C.H. Robinson Worldwide Inc. | New | 0.03% | +0.03 |
| BAH Booz Allen Hamilton Holdings | New | 0.03% | +0.03 |
| AMD Advanced Micro Devices | Add +43.4% | 0.09% | +0.03 |
| HD Home Depot Inc. | Add +3.8% | 0.74% | +0.03 |
| TRGP Targa Resources Corp. | New | 0.03% | +0.03 |
| OEF iShares S&P 100 ETF | Add +37.0% | 0.11% | +0.03 |
| QYLD Global X Nasd 100 Cov Call | New | 0.03% | +0.03 |
| ALNY Alnylam Pharmaceuticals Inc. | New | 0.03% | +0.03 |
| CHWY Chewy Inc. Class A | New | 0.03% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +15.8% | 8,800 | $5.9M |
| JPM JPMorgan Chase & Co. | put | Sold out | 2,000 | $580Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 500 | $333K |
| HON Honeywell International Inc. | put | Sold out | 1,400 | $326Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | New | 500 | $300K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | New | 50,000 | $720 |
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 |