Transcend Capital Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 23, 2026), Transcend Capital Advisors, LLC reported 679 stock positions worth $1.3 billion. Its top holding was Apple (AAPL) at 8.7% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.4%) and Microsoft (MSFT, 2.8%). Compared with Q3 2025, it opened 81 new positions, sold out of 90, added to 231 and reduced 340. The biggest buy was a new position in Vaneck BDC Income ETF (BIZD) and the biggest sale Blue Owl Capital (OBDC, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- MADISON, NJ
- CIK
- 0001776082
- Portfolio Value
- $1.3B (Q4 2025)
- SEC Filing
- 0001776082-26-000001 ↗ filed Jan 23, 2026
Holdings Value
Holdings 679 stocks · $1.3B
| AAPL Apple Inc. | 8.71% | 412,650 | $112.2M | Reduce -4.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 3.37% | 86,431 | $43.4M | Reduce -0.2% |
| MSFT Microsoft Corp. | 2.75% | 73,291 | $35.4M | Reduce -12.5% |
| MRK Merck & Co. Inc. | 2.14% | 261,371 | $27.5M | Reduce -2.6% |
| SPYG SS SPDR P S&P 500 Growth ETF | 2.09% | 252,160 | $26.9M | Add +1.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.82% | 38,079 | $23.4M | Add +0.9% |
| NVDA Nvidia Corp. | 1.76% | 121,790 | $22.7M | Reduce -21.2% |
| AMZN Amazon.com Inc. | 1.70% | 94,683 | $21.9M | Reduce -6.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.35% | 58,626 | $17.4M | Reduce -3.6% |
| GOOGL Alphabet Inc. Class A | 1.31% | 54,087 | $16.9M | Reduce -0.2% |
| VYM Vanguard High DVD Yield ETF | 1.31% | 117,870 | $16.9M | Reduce -5.6% |
| BIZD Vaneck BDC Income ETF | 1.20% | 1,088,009 | $15.4M | New |
| OWL Blue Owl Capital Inc. | 1.17% | 1,012,784 | $15.1M | Reduce -6.4% |
| OBDC Blue Owl Capital Corp. | 1.16% | 1,200,133 | $14.9M | Reduce -48.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.15% | 21,743 | $14.8M | Reduce -10.3% |
| JPM JPMorgan Chase & Co. | 1.14% | 45,715 | $14.7M | Reduce -9.9% |
| SPGI S&P Global Inc. | 1.13% | 27,809 | $14.5M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 0.96% | 39,490 | $12.4M | Reduce -34.1% |
| PHYS Sprott Physical Gold Trust | 0.94% | 367,978 | $12.2M | Add +5.7% |
| FSK FS KKR Capital Corp. | 0.92% | 796,311 | $11.8M | Reduce -19.0% |
| AVGO Broadcom Inc. | 0.88% | 32,918 | $11.4M | Reduce -2.5% |
| VIG Vanguard Dividend Apprec ETF | 0.86% | 50,442 | $11.1M | Reduce -15.9% |
| META Meta Platforms Inc. Class A | 0.84% | 16,444 | $10.9M | Reduce -4.1% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.82% | 33,395 | $10.5M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.79% | 84,265 | $10.1M | Reduce -3.7% |
| LLY Eli Lilly & Co. | 0.77% | 9,283 | $10.0M | Reduce -16.9% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.76% | 13 | $9.8M | No change |
| TSLA Tesla Inc. | 0.71% | 20,374 | $9.2M | Add +1.0% |
| JNJ Johnson & Johnson | 0.71% | 43,920 | $9.1M | Reduce -20.7% |
| VOO Vanguard S&P 500 ETF | 0.70% | 14,312 | $9.0M | Reduce -3.5% |
| HD Home Depot Inc. | 0.63% | 23,483 | $8.1M | Reduce -8.7% |
| AMLP Alerian MLP ETF | 0.62% | 170,189 | $8.0M | Add +24.3% |
| GLD SPDR Gold Shares | 0.61% | 19,733 | $7.8M | Reduce -82.5% |
| IVV iShares Core S&P 500 ETF | 0.60% | 11,381 | $7.8M | Reduce -36.8% |
| NOBL Proshares S&P 500 Dividend A | 0.57% | 70,622 | $7.3M | Reduce -0.7% |
| ORCL Oracle Corp. | 0.55% | 36,594 | $7.1M | Reduce -5.1% |
| ABBV Abbvie Inc. | 0.52% | 29,428 | $6.7M | Reduce -10.2% |
| DFAC Dimensional US Core Equity 2 | 0.52% | 167,973 | $6.7M | Reduce -2.4% |
| BX Blackstone Inc. | 0.52% | 43,052 | $6.6M | Reduce -16.3% |
| XLK SS Technology Select Sector | 0.51% | 45,993 | $6.6M | Reduce -45.6% |
| TCPC BlackRock TCP Capital Corp. | 0.50% | 1,175,098 | $6.4M | Reduce -4.2% |
| IEI iShares 3-7 Year Treasury Bo | 0.47% | 50,768 | $6.1M | Reduce -24.6% |
| V Visa Inc. Class A | 0.46% | 16,964 | $5.9M | Reduce -45.5% |
| BGB Blackstone Strategic Credit | 0.42% | 454,372 | $5.4M | Reduce -15.8% |
| IJH iShares Core S&P Midcap ETF | 0.40% | 78,420 | $5.2M | Add +1.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.40% | 27,065 | $5.2M | Reduce -18.4% |
| IJR iShares Core S&P Small-Cap E | 0.38% | 40,320 | $4.8M | Add +26.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.38% | 54,111 | $4.8M | Reduce -1.2% |
| XLG Invesco S&P 500 Top 50 ETF | 0.37% | 80,071 | $4.7M | Reduce -1.4% |
| MS Morgan Stanley | 0.35% | 25,754 | $4.6M | Add +8.1% |
| IBIT iShares Bitcoin Trust ETF | 0.35% | 90,062 | $4.5M | Reduce -11.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 13,243 | $4.4M | Reduce -55.6% |
| WFC Wells Fargo & Co. | 0.33% | 45,340 | $4.2M | Reduce -3.5% |
| COF Capital One Financial Corp. | 0.33% | 17,431 | $4.2M | Add +7.7% |
| SOXX iShares Semiconductor ETF | 0.32% | 13,860 | $4.2M | Add +1.0% |
| WMT Walmart Inc. | 0.32% | 36,951 | $4.1M | Reduce -9.7% |
| VGT Vanguard Info Tech ETF | 0.32% | 5,413 | $4.1M | Reduce -14.6% |
| GWW WW Grainger Inc. | 0.31% | 3,984 | $4.0M | Reduce -0.2% |
| AGNC AGNC Investment Corp. | 0.31% | 366,777 | $3.9M | Reduce -30.4% |
| XLF SS Financial Select Sector | 0.30% | 71,670 | $3.9M | Reduce -41.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.30% | 7,953 | $3.9M | Reduce -20.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.30% | 25,248 | $3.9M | Reduce -8.4% |
| DUHP Dimensional US High Profi Et | 0.30% | 101,972 | $3.9M | Reduce -1.6% |
| NMFC New Mountain Finance Corp. filed as NEW MTN FIN CORP | 0.30% | 420,509 | $3.9M | Reduce -41.3% |
| GSBD Goldman Sachs BDC Inc. | 0.29% | 399,940 | $3.7M | Reduce -2.9% |
| BXSL Blackstone Secured Lending F | 0.28% | 137,934 | $3.6M | Reduce -7.9% |
| COR Cencora Inc. | 0.28% | 10,750 | $3.6M | Reduce -18.8% |
| XBI SS SPDR S&P Biotech ETF | 0.28% | 29,539 | $3.6M | Reduce -13.3% |
| IVW iShares S&P 500 Growth ETF | 0.28% | 29,026 | $3.6M | Reduce -19.9% |
| RSP Invesco S&P 500 Equal Weight | 0.28% | 18,634 | $3.6M | Add +34.4% |
| IEMG iShares Core MSCI Emerging | 0.28% | 53,037 | $3.6M | Reduce -8.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.27% | 43,656 | $3.5M | Reduce -19.6% |
| XLE SS Energy Select Sector | 0.27% | 77,484 | $3.5M | Reduce -5.1% |
| WINN Harbor Long-Term Growers ETF | 0.27% | 110,885 | $3.4M | Reduce -1.5% |
| ADP Automatic Data Processing | 0.26% | 13,182 | $3.4M | Reduce -14.0% |
| MA Mastercard Inc. Class A | 0.26% | 5,904 | $3.4M | Reduce -17.3% |
| IUSG iShares Core S&P U.S. Growth | 0.25% | 19,457 | $3.3M | Add +7.2% |
| CVX Chevron Corp. | 0.25% | 21,347 | $3.3M | Reduce -20.2% |
| UNP Union Pacific Corp. | 0.25% | 13,771 | $3.2M | Add +5.2% |
| GE General Electric filed as GE AEROSPACE | 0.25% | 10,279 | $3.2M | Reduce -3.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.24% | 27,382 | $3.1M | Reduce -15.1% |
| MU Micron Technology Inc. | 0.24% | 10,902 | $3.1M | Reduce -6.4% |
| TEL Te Connectivity PLC | 0.24% | 13,581 | $3.1M | Reduce -8.0% |
| QUAL iShares MSCI USA Quality Fac | 0.24% | 15,510 | $3.1M | Reduce -32.6% |
| XLC SS Comm Select Sector SPDR | 0.24% | 26,003 | $3.1M | Reduce -53.0% |
| BMY Bristol-Myers Squibb Co. | 0.24% | 56,657 | $3.1M | Reduce -4.8% |
| PG The Procter & Gamble Co. | 0.23% | 21,006 | $3.0M | Reduce -10.8% |
| CHD Church & Dwight Co. Inc. | 0.23% | 35,849 | $3.0M | Reduce -1.1% |
| ICE Intercontinental Exchange Inc. | 0.23% | 18,417 | $3.0M | Add +1.9% |
| DHR Danaher Corp. | 0.23% | 12,986 | $3.0M | Reduce -7.5% |
| BUFG FT Vest Buffered Allocation | 0.23% | 107,990 | $3.0M | Add +11.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 53,543 | $2.9M | Reduce -16.7% |
| GDIV Harbor Dividend Growth Leade | 0.23% | 175,867 | $2.9M | Reduce -20.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.22% | 6,026 | $2.9M | Add +0.9% |
| MCO Moody's Corp. | 0.22% | 5,630 | $2.9M | Reduce -0.6% |
| HOUS Anywhere Real Estate Inc. | 0.22% | 200,238 | $2.8M | No change |
| TXN Texas Instruments Inc. | 0.22% | 16,139 | $2.8M | Add +2.7% |
| MDT Medtronic PLC | 0.22% | 29,127 | $2.8M | Reduce -2.7% |
| MRSH Marsh & McLennan Cos | 0.22% | 14,976 | $2.8M | Reduce -12.5% |
| DVY iShares Select Dividend ETF | 0.20% | 18,684 | $2.6M | Reduce -3.4% |
Options reported separately and not counted above: SPY puts ($5.6M), QQQ calls ($246K), SPY calls ($205K), INTC calls ($37K), PATH calls ($16K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $8K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BRISTOL MYERS - CELGENE CVR | RIGHT 12/30/2030 | 109,175 | $8K | No change |
| BENFW Beneficient Co. Group -28 | *W EXP 06/07/202 | 50,000 | $530 | No change |
Total filed on the 13F, all lines: $1.3B.
Portfolio Sells Q3 2025 → Q4 2025
| OBDC Blue Owl Capital Corp. | Reduce -48.6% | 1.16% | −0.95 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -55.6% | 0.34% | −0.35 |
| XLK SS Technology Select Sector | Reduce -45.6% | 0.51% | −0.33 |
| MSFT Microsoft Corp. | Reduce -12.5% | 2.75% | −0.31 |
| V Visa Inc. Class A | Reduce -45.5% | 0.46% | −0.29 |
| NVDA Nvidia Corp. | Reduce -21.2% | 1.76% | −0.27 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -66.3% | 0.16% | −0.25 |
| IVV iShares Core S&P 500 ETF | Reduce -36.8% | 0.60% | −0.25 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -75.2% | 0.09% | −0.24 |
| XLC SS Comm Select Sector SPDR | Reduce -53.0% | 0.24% | −0.23 |
| ORCL Oracle Corp. | Reduce -5.1% | 0.55% | −0.21 |
| IGM iShares Expanded Tech Sector | Reduce -80.0% | 0.06% | −0.20 |
| EFA iShares MSCI Eafe ETF | Reduce -77.5% | 0.07% | −0.20 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.19 |
| NMFC New Mountain Finance Corp. | Reduce -41.3% | 0.30% | −0.19 |
| XLY SS Consumer Disc Select Sect | Reduce -58.6% | 0.15% | −0.19 |
| XLV SS Health Care Select Sector | Reduce -57.7% | 0.19% | −0.18 |
| XLF SS Financial Select Sector | Reduce -41.8% | 0.30% | −0.16 |
| EEMA iShares MSCI Emerg MRKT Asia | Reduce -67.6% | 0.09% | −0.16 |
| TLT iShares 20+ Year Treasury BD | Reduce -82.8% | 0.03% | −0.15 |
| VPL Vanguard Ftse Pacific ETF | Reduce -65.6% | 0.09% | −0.14 |
| XLP SS Consumer Staples Sel Sect | Reduce -56.7% | 0.12% | −0.14 |
| IEF iShares 7-10 Year Treasury B | Reduce -86.4% | 0.02% | −0.13 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -78.6% | 0.04% | −0.13 |
| FSK FS KKR Capital Corp. | Reduce -19.0% | 0.92% | −0.12 |
| IBIT iShares Bitcoin Trust ETF | Reduce -11.7% | 0.35% | −0.12 |
| OWL Blue Owl Capital Inc. | Reduce -6.4% | 1.17% | −0.12 |
| IWF iShares Russell 1000 Growth | Reduce -42.2% | 0.20% | −0.11 |
| HD Home Depot Inc. | Reduce -8.7% | 0.63% | −0.11 |
| BX Blackstone Inc. | Reduce -16.3% | 0.52% | −0.11 |
| EUSA iShares MSCI USA Equal Weigh | Sold out | 0.00% | −0.11 |
| VCIT Vanguard Int-Term Corporate | Reduce -66.8% | 0.06% | −0.10 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -24.6% | 0.47% | −0.10 |
| ETN Eaton Corp. PLC | Reduce -28.5% | 0.20% | −0.10 |
| ETHA iShares Ethereum Trust ETF | Reduce -62.5% | 0.04% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -59.2% | 0.06% | −0.09 |
| TMO Thermo Fisher Scientific Inc. | Reduce -60.3% | 0.10% | −0.09 |
| VZ Verizon Communications Inc. | Reduce -67.0% | 0.04% | −0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -47.6% | 0.12% | −0.09 |
| SBR Sabine Royalty Trust | Sold out | 0.00% | −0.08 |
| AVUV Avantis US Small Cap Value | Reduce -50.2% | 0.10% | −0.08 |
| QUAL iShares MSCI USA Quality Fac | Reduce -32.6% | 0.24% | −0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -52.5% | 0.08% | −0.08 |
| SYK Stryker Corp. | Reduce -31.4% | 0.19% | −0.07 |
| ITOT iShares Core S&P Total U.S. | Sold out | 0.00% | −0.07 |
| NFLX Netflix Inc. | Reduce -15.0% | 0.19% | −0.07 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.07 |
| GOOG Alphabet Inc. Class C | Reduce -34.1% | 0.96% | −0.07 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -36.0% | 0.17% | −0.07 |
| IHI iShares U.S. Medical Devices | Reduce -69.3% | 0.03% | −0.06 |
Portfolio Buys Q3 2025 → Q4 2025
| BIZD Vaneck BDC Income ETF | New | 1.20% | +1.20 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1.4% | 2.09% | +0.25 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.9% | 1.82% | +0.22 |
| PHYS Sprott Physical Gold Trust | Add +5.7% | 0.94% | +0.21 |
| SPGI S&P Global Inc. | Add +0.4% | 1.13% | +0.18 |
| AMLP Alerian MLP ETF | Add +24.3% | 0.62% | +0.17 |
| BRO Brown & Brown Inc. | Add +528.8% | 0.18% | +0.15 |
| IJR iShares Core S&P Small-Cap E | Add +26.3% | 0.38% | +0.11 |
| SMIG Bahl & Gaynor S/M Inc. Growth | New | 0.10% | +0.10 |
| CHYM Chime Financial Inc. Class A | New | 0.10% | +0.10 |
| RSP Invesco S&P 500 Equal Weight | Add +34.4% | 0.28% | +0.09 |
| MS Morgan Stanley | Add +8.1% | 0.35% | +0.09 |
| COF Capital One Financial Corp. | Add +7.7% | 0.33% | +0.08 |
| AA Alcoa Corp. | New | 0.08% | +0.08 |
| FEGE First Eagle GL Equity ETF | Add +63.8% | 0.17% | +0.08 |
| TSLA Tesla Inc. | Add +1.0% | 0.71% | +0.08 |
| IBB iShares Biotechnology ETF | Add +29.5% | 0.18% | +0.07 |
| CNC Centene Corp. | Add +33.0% | 0.16% | +0.06 |
| TEAM Atlassian Corp. Class A | Add +387.1% | 0.08% | +0.06 |
| SOXX iShares Semiconductor ETF | Add +1.0% | 0.32% | +0.06 |
| CB Chubb Ltd. | Add +24.7% | 0.18% | +0.06 |
| GPZ Vaneck Alt Asset Manager ETF | New | 0.06% | +0.06 |
| CTAS Cintas Corp. | New | 0.05% | +0.05 |
| ZM Zoom Communications Inc. | Add +28.9% | 0.15% | +0.05 |
| DG Dollar General Corp. | Add +51.3% | 0.09% | +0.05 |
| BUFG FT Vest Buffered Allocation | Add +11.5% | 0.23% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +1.6% | 0.40% | +0.05 |
| IUSV iShares Core S&P U.S. Value | Add +63.5% | 0.10% | +0.05 |
| CRM Salesforce Inc. | Add +21.8% | 0.14% | +0.05 |
| EIX Edison International | Add +75.1% | 0.08% | +0.04 |
| CEF Sprott Physical Gold and Sil | Add +13.3% | 0.12% | +0.04 |
| IUSG iShares Core S&P U.S. Growth | Add +7.2% | 0.25% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +20.3% | 0.14% | +0.04 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +67.0% | 0.09% | +0.04 |
| ACN Accenture PLC Class A | Add +13.0% | 0.16% | +0.04 |
| FCX Freeport-McMoran Inc. | Add +92.5% | 0.06% | +0.04 |
| LVS Las Vegas Sands Corp. | New | 0.04% | +0.04 |
| BDX Becton Dickinson and Co. | Add +33.5% | 0.12% | +0.04 |
| ANET Arista Networks Inc. | Add +37.9% | 0.14% | +0.04 |
| EXPE Expedia Group Inc. | Add +7.5% | 0.10% | +0.04 |
| APH Amphenol Corp. Class A | Add +60.6% | 0.08% | +0.04 |
| PCG P G & E Corp. | Add +45.7% | 0.09% | +0.04 |
| NEM Newmont Corp. | Add +18.1% | 0.10% | +0.04 |
| TER Teradyne Inc. | New | 0.04% | +0.04 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +91.8% | 0.07% | +0.04 |
| MKTX Marketaxess Holdings Inc. | New | 0.04% | +0.04 |
| VONG Vanguard Russell 1000 Growth | Add +21.5% | 0.14% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +2.6% | 0.18% | +0.03 |
| CMG Chipotle Mexican Grill Inc. | New | 0.03% | +0.03 |
| FETH Fidelity Ethereum Fund | New | 0.03% | +0.03 |
Options Activity Q3 2025 → Q4 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -6.8% | 8,200 | $5.6M |
| NVDA Nvidia Corp. | put | Sold out | 3,000 | $560Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -20.0% | 400 | $246K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -40.0% | 300 | $205K |
| NVO Novo-Nordisk A/S-Spons ADR | call | Sold out | 1,000 | $55Kbefore exit |
| INTC Intel Corp. | call | New | 1,000 | $37K |
| PATH Uipath Inc. Class A | call | New | 1,000 | $16K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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 |