Ulland Investment Advisors, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), Ulland Investment Advisors, LLC reported 211 stock positions worth $122.0 million. Its top holding was Nvidia (NVDA) at 9.3% of the portfolio, followed by Axon Enterprise (AXON, 7.3%) and Meta Platforms Class A (META, 7.0%). Compared with Q1 2025, it opened 11 new positions, sold out of 22, added to 22 and reduced 58. The biggest buy was JPM Nasdaq Equity Premium (JEPQ, shares +20%) and the biggest sale Unitedhealth (UNH, shares −20%).

Most Recent 13F
Q2 2026
Location
MINNEAPOLIS, MN
CIK
0001911497
Portfolio Value
$122.0M (Q2 2025)
SEC Filing
0001911497-25-000004 ↗ filed Jul 24, 2025

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $124.0M Q1 2024 Q2 2024: $131.2M Q2 2024 Q3 2024: $134.2M Q3 2024 Q4 2024: $144.8M Q4 2024 Q1 2025: $114.9M Q1 2025 Q2 2025: $122.0M $122.0M Q2 2025 Q3 2025: $131.7M Q3 2025 Q4 2025: $124.5M Q4 2025 Q1 2026: $116.2M Q1 2026 Q2 2026: $135.2M Q2 2026

Holdings 211 stocks · $122.0M
NVDA Nvidia Corp. 9.28% 71,702 $11.3M Reduce -5.5%
AXON Axon Enterprise Inc. 7.32% 10,791 $8.9M Reduce -27.8%
META Meta Platforms Inc. Class A 7.03% 11,627 $8.6M Reduce -7.8%
GOOG Alphabet Inc. Class C 6.46% 44,442 $7.9M Reduce -1.8%
QQQ Invesco QQQ Trust Series 1 4.82% 10,661 $5.9M Reduce -19.2%
VRT Vertiv Holdings Co. Class A 4.44% 42,170 $5.4M Reduce -6.5%
JEPI JPMorgan Equity Premium Inco 4.37% 93,734 $5.3M Add +20.4%
AMZN Amazon.com Inc. 4.10% 22,813 $5.0M Reduce -1.5%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 4.07% 91,372 $5.0M Add +19.8%
GOOGL Alphabet Inc. Class A 2.82% 19,491 $3.4M Reduce -2.6%
AAPL Apple Inc. 2.43% 14,464 $3.0M Reduce -0.5%
BRK.A Berkshire Hathaway Inc. Class A 2.39% 4 $2.9M No change
SKY Champion Homes Inc. 2.39% 46,519 $2.9M Reduce -0.3%
V Visa Inc. Class A 2.18% 7,479 $2.7M Reduce -20.5%
MSFT Microsoft Corp. 2.08% 5,090 $2.5M Reduce -12.8%
SCHM Schwab US Mid Cap ETF 1.97% 85,729 $2.4M Reduce -9.0%
UNH Unitedhealth Group Inc. 1.90% 7,441 $2.3M Reduce -20.5%
LOW Lowe's Cos Inc. 1.65% 9,079 $2.0M Reduce -9.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.58% 3,116 $1.9M Reduce -35.7%
JTEK JPMorgan US Tech Leaders 1.55% 22,328 $1.9M Reduce -2.6%
BSX Boston Scientific Corp. 1.14% 12,974 $1.4M Reduce -11.1%
IGV iShares Expanded Tech-Softwa 1.03% 11,475 $1.3M Reduce -1.1%
SMMD iShares Russell 2500 ETF 1.03% 18,505 $1.3M Reduce -8.2%
ANSS Ansys Inc. 1.00% 3,484 $1.2M Reduce -5.6%
QYLD Global X Nasd 100 Cov Call 0.99% 72,460 $1.2M Add +60.0%
SCHX Schwab US Large-Cap ETF 0.97% 48,603 $1.2M Reduce -6.8%
ICE Intercontinental Exchange Inc. 0.90% 6,011 $1.1M Reduce -13.2%
CVLT Commvault Systems Inc. 0.85% 5,952 $1.0M Reduce -2.4%
BRK.B Berkshire Hathaway Inc. Class B 0.83% 2,076 $1.0M No change
IUSG iShares Core S&P U.S. Growth 0.78% 6,326 $951K No change
AMLP Alerian MLP ETF 0.76% 19,098 $933K Add +22.5%
DSI iShares ESG MSCI KLD 400 ETF 0.57% 6,010 $698K Reduce -4.0%
COST Costco Wholesale Corp. 0.56% 693 $686K Reduce -0.6%
VOO Vanguard S&P 500 ETF 0.53% 1,145 $650K Reduce -5.1%
GPIX GLDM SA S&P 500 PR in ETF-US 0.53% 12,980 $647K Add +464.4%
XOM Exxon Mobil Corp. 0.50% 5,675 $612K Reduce -8.7%
INTU Intuit Inc. 0.49% 757 $596K Reduce -1.3%
JUST Goldman Sachs Just US LRG 0.41% 5,720 $503K No change
SUSA iShares ESG Optimized MSCI U 0.40% 3,880 $492K No change
UMH Umh Properties Inc. filed as UMH PPTYS INC 0.40% 28,915 $485K Add +220.6%
CRWD CrowdStrike Holdings Inc. Class A 0.40% 948 $483K Reduce -1.3%
LNTH Lantheus Holdings Inc. 0.33% 4,948 $405K Reduce -30.9%
AMKR Amkor Technology Inc. 0.31% 17,760 $373K Add +25.3%
XLE SS Energy Select Sector 0.30% 4,350 $369K Reduce -11.8%
SGOV iShares 0-3 Month Treasury B 0.26% 3,112 $313K Add +1947.4%
RTX RTX Corp. 0.26% 2,144 $313K No change
ECL Ecolab Inc. 0.25% 1,134 $306K No change
PSI Invesco Semiconductors ETF 0.25% 5,010 $300K Reduce -51.0%
IWF iShares Russell 1000 Growth 0.24% 703 $298K Reduce -1.1%
LH Labcorp Holdings Inc. 0.24% 1,106 $290K Reduce -13.7%
IWR iShares Russell Mid-Cap ETF 0.23% 3,025 $278K No change
PM Philip Morris International 0.21% 1,417 $258K No change
AVGO Broadcom Inc. 0.21% 922 $254K Reduce -12.8%
ET Energy Transfer LP 0.21% 14,000 $254K No change
JNJ Johnson & Johnson 0.19% 1,506 $230K No change
RYLD Global X Russell 2000 Cov Class 0.17% 14,000 $209K New
VMD Viemed Healthcare Inc. 0.17% 30,155 $208K Add +93.8%
MPLX MPLX LP 0.17% 4,000 $206K No change
SCHD Schwab US DVD Equity ETF 0.16% 7,584 $201K Add +0.5%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.16% 5,965 $194K Add +0.8%
VNOM Viper Energy Inc. 0.16% 5,000 $191K No change
BDX Becton Dickinson and Co. 0.15% 1,100 $189K No change
PG The Procter & Gamble Co. 0.15% 1,180 $188K Reduce -34.6%
RSP Invesco S&P 500 Equal Weight 0.15% 1,025 $186K No change
SCHW Schwab (charles) Corp. 0.15% 2,035 $186K Reduce -9.3%
SCCO Southern Copper Corp. 0.15% 1,802 $182K Add +0.7%
XYZ Block Inc. 0.14% 2,508 $170K Reduce -8.8%
ISRG Intuitive Surgical Inc. 0.13% 300 $163K Reduce -36.6%
CAT Caterpillar Inc. 0.13% 415 $161K Reduce -19.4%
LLY Eli Lilly & Co. 0.13% 200 $156K No change
CARR Carrier Global Corp. 0.13% 2,084 $153K No change
YETH Roundhill Etr Co. Call St ETF 0.12% 5,811 $145K Add +263.0%
GS Goldman Sachs Group Inc. 0.12% 200 $142K No change
URA Global X Uranium ETF 0.11% 3,575 $139K Reduce -20.1%
HCA HCA Healthcare Inc. 0.11% 360 $138K No change
ADBE Adobe Inc. 0.11% 352 $136K Reduce -1.4%
HELO JPMorgan Hedged Equity ETF 0.11% 2,070 $130K Reduce -38.6%
SYK Stryker Corp. 0.10% 320 $127K No change
WFC Wells Fargo & Co. 0.09% 1,435 $115K No change
PGR Progressive Corp. 0.09% 425 $113K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.09% 635 $112K No change
BKNG Booking Holdings Inc. 0.09% 19 $110K Reduce -9.5%
GNRC Generac Holdings Inc. 0.09% 761 $109K Add +31.0%
VB Vanguard Most SM-Cap ETF-Usd 0.09% 455 $108K No change
OTIS Otis Worldwide Corp. 0.09% 1,071 $106K No change
CVX Chevron Corp. 0.08% 718 $103K No change
VTI VG Morningstar TS MKT ETF-US 0.07% 298 $91K No change
XLV SS Health Care Select Sector 0.07% 670 $90K No change
MMM 3M Co. 0.07% 585 $89K No change
SYM Symbotic Inc. 0.07% 2,225 $86K Add +45.9%
CRM Salesforce Inc. 0.07% 309 $84K No change
TAP Molson Coors Beverage Co. Class B 0.07% 1,685 $81K Add +90.4%
MRK Merck & Co. Inc. 0.06% 983 $78K No change
MRVL Marvell Technology Inc. 0.06% 1,000 $77K Add +150.0%
NSC Norfolk Southern Corp. 0.06% 300 $77K No change
QFLR Innovator Nasdaq-100 MF ETF 0.06% 2,500 $75K No change
IOT Samsara Inc. Class A 0.06% 1,890 $75K No change
TSM Taiwan Semiconductor-SP ADR 0.06% 333 $75K No change
AIQ Global X Art Intel & Tech 0.05% 1,450 $63K No change
LOUP Innovator Deepwater Frontier 0.05% 1,000 $63K No change
JPM JPMorgan Chase & Co. 0.05% 209 $61K Reduce -45.6%
PEP Pepsico Inc. 0.05% 428 $57K No change
WMT Walmart Inc. 0.05% 585 $57K No change
TSLA Tesla Inc. 0.05% 175 $56K Add +2.9%
USB US Bancorp 0.05% 1,242 $56K No change
APG Api Group Corp. 0.04% 1,500 $51K Add +41.5%
HON Honeywell International Inc. 0.04% 210 $49K No change
EW Edwards Lifesciences Corp. 0.04% 615 $48K No change
DGII Digi International Inc. 0.04% 1,355 $47K Reduce -30.7%
EEFT Euronet Worldwide Inc. 0.04% 456 $46K Reduce -35.0%
MA Mastercard Inc. Class A 0.04% 82 $46K No change
MO Altria Group Inc. 0.04% 742 $44K No change
CSR Centerspace 0.04% 734 $44K No change
PANW Palo Alto Networks Inc. 0.04% 210 $43K Reduce -4.5%
VPU Vanguard Utilities ETF 0.04% 245 $43K No change
GBTC Grayscale Bitcoin Trust ETF 0.03% 500 $42K No change
WPM Wheaton Precious Metals Corp. 0.03% 470 $42K No change
DLR Digital Realty Trust Inc. 0.03% 230 $40K Reduce -30.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 90 $39K No change
VYM Vanguard High DVD Yield ETF 0.03% 275 $37K No change
IVV iShares Core S&P 500 ETF 0.03% 55 $34K No change
CNP Centerpoint Energy Inc. 0.03% 900 $33K No change
ETR Entergy Corp. 0.03% 400 $33K No change
ITW Illinois Tool Works 0.03% 132 $33K No change
LGLV SPDR US LC Low Vol Idx 0.03% 187 $33K Add +289.6%
SMCI Super Micro Computer Inc. 0.03% 680 $33K Reduce -62.3%
KLAC KLA Corp. 0.03% 36 $32K New
SNPS Synopsys Inc. 0.03% 63 $32K Reduce -26.7%
ORCL Oracle Corp. 0.03% 141 $31K Add +0.7%
SAP Sap SE-Sponsored ADR 0.02% 100 $30K No change
DGRO iShares Core Dividend Growth 0.02% 440 $28K No change
EMR Emerson Electric Co. 0.02% 205 $27K No change
NEE Nextera Energy Inc. 0.02% 394 $27K No change
NOW ServiceNow Inc. 0.02% 26 $27K No change
BTCC Gryscle Bitcn HGH Inc. ETF-Ui 0.02% 701 $25K New
HD Home Depot Inc. 0.02% 69 $25K No change
IJS iShares S&P Small-Cap 600 Va 0.02% 250 $25K No change
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.02% 256 $25K Add +0.8%
TSEM Tower Semiconductor Ltd. 0.02% 587 $25K Reduce -25.4%
DDOG Datadog Inc. Class A 0.02% 165 $22K No change
APD Air Products & Chemicals Inc. 0.02% 75 $21K No change
CVS CVS Health Corp. 0.02% 311 $21K Reduce -13.8%
CEG Constellation Energy 0.02% 66 $21K No change
SHEL Shell PLC-ADR 0.02% 300 $21K No change
MPV Barings Participation Invest 0.02% 1,000 $20K No change
XYLD Global X S&P 500 Cove Call E 0.02% 500 $19K No change
LRCX Lam Research Corp. 0.02% 200 $19K No change
DELL Dell Technologies -C 0.01% 150 $18K Reduce -20.6%
MPWR Monolithic Power Systems Inc. 0.01% 25 $18K No change
SBUX Starbucks Corp. 0.01% 200 $18K No change
VEA Vanguard Ftse Developed ETF 0.01% 320 $18K No change
VYMI Vanguard Int High DVD YLD Inc. 0.01% 220 $18K No change
VICR Vicor Corp. 0.01% 386 $18K No change
BP BP PLC-Spons ADR 0.01% 575 $17K No change
TGT Target Corp. 0.01% 175 $17K No change
VSS Vanguard Ftse All Wo X-US SC 0.01% 125 $17K No change
VWO Vanguard Ftse Emerging Marke 0.01% 335 $17K No change
MCI Barings Corporate Investors 0.01% 750 $16K No change
ASML ASML Holding NV-NY Reg SHS 0.01% 20 $16K No change
DD Dupont DE Nemours Inc. 0.01% 225 $15K No change
SPLV Invesco S&P 500 Low Volatili 0.01% 200 $15K No change
MPC Marathon Petroleum Corp. 0.01% 90 $15K No change
XLI SS Industrial Select Sector 0.01% 100 $15K No change
HIGH Simplify Enhanced Income ETF 0.01% 636 $15K New
VNQ Vanguard Real Estate ETF 0.01% 170 $15K No change
SEB Seaboard Corp. 0.01% 5 $14K New
ENB Enbridge Inc. 0.01% 295 $13K No change
ACN Accenture PLC Class A 0.01% 40 $12K No change
CDW CDW Corp. 0.01% 63 $11K No change
IWM iShares Russell 2000 ETF 0.01% 50 $11K No change
SOLV Solventum Corp. 0.01% 146 $11K No change
CB Chubb Ltd. 0.01% 35 $10K No change
EXC Exelon Corp. 0.01% 200 $9K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.01% 90 $8K No change
TIDAL TRUST II 0.01% 354 $8K New
SWK Stanley Black & Decker Inc. 0.01% 97 $7K New
BXSL Blackstone Secured Lending F 0.00% 200 $6K No change
AI C3.AI Inc. Class A 0.00% 260 $6K No change
DOW Dow Inc. 0.00% 225 $6K No change
RMD Resmed Inc. 0.00% 25 $6K No change
YBTC Roundhill Bitcoin CC STR ETF 0.00% 139 $6K New
MORT Vaneck Mortgage REIT Income 0.00% 601 $6K New
AEP American Electric Power 0.00% 50 $5K No change
AWK American Water Works Co. Inc. 0.00% 35 $5K No change
BTC Grayscale Bitcoin Mini ETF 0.00% 100 $5K No change
PTCT PTC Therapeutics Inc. 0.00% 100 $5K New
COP Conocophillips 0.00% 40 $4K No change
DAL Delta Air Lines Inc. 0.00% 80 $4K No change
FAST Fastenal Co. 0.00% 100 $4K Reduce -56.1%
BMY Bristol-Myers Squibb Co. 0.00% 60 $3K No change
GE General Electric filed as GE AEROSPACE 0.00% 13 $3K No change
NFLX Netflix Inc. 0.00% 2 $3K No change
NKE Nike Inc. Class B 0.00% 40 $3K No change
XOP SS SPDR S&P Og Exp & Prod 0.00% 25 $3K Reduce -46.8%
VECO Veeco Instruments Inc. 0.00% 132 $3K Reduce -67.0%
GRMN Garmin Ltd. 0.00% 13 $3K No change
CAMT Camtek Ltd. 0.00% 37 $3K No change
AWR American States Water Co. filed as AMER STATES WTR CO 0.00% 31 $2K No change
APA Apa Corp. 0.00% 102 $2K No change
GEV GE Vernova Inc. 0.00% 3 $2K No change
NRXS Neuraxis Inc. 0.00% 1,000 $2K New
BABA Alibaba Group Holding-SP ADR 0.00% 10 $1K No change
AMPL Amplitude Inc. Class A 0.00% 50 $1K No change
KO The Coca-Cola Co. 0.00% 20 $1K No change
WTRG Essential Utilities Inc. 0.00% 30 $1K No change
PII Polaris Inc. 0.00% 13 $1K No change
BIOA Bioage Labs Inc. 0.00% 20 $0 No change
DOLE Dole Food Co. Inc. filed as DOLE PLC ORD SHS 0.00% 30 $0 No change
GGZ Gabelli Global Small & M 0.00% 20 $0 No change
GEHC GE Healthcare Technology 0.00% 4 $0 No change
IOVA Iovance Biotherapeutics Inc. 0.00% 100 $0 No change
Other holdings (2): bonds, preferreds, convertibles and warrants · $9.0M (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 7,212$8.5MAdd +112.1%
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF 4,075$493KReduce -31.8%

Total filed on the 13F, all lines: $131.0M.

Portfolio Sells Q1 2025 → Q2 2025
UNH Unitedhealth Group Inc. Reduce -20.5% 1.90% −2.36
SKY Champion Homes Inc. Reduce -0.3% 2.39% −1.46
SPY SS SPDR S&P 500 ETF Trust-US Reduce -35.7% 1.58% −0.78
V Visa Inc. Class A Reduce -20.5% 2.18% −0.69
QQQ Invesco QQQ Trust Series 1 Reduce -19.2% 4.82% −0.56
LOW Lowe's Cos Inc. Reduce -9.5% 1.65% −0.38
AAPL Apple Inc. Reduce -0.5% 2.43% −0.38
LNTH Lantheus Holdings Inc. Reduce -30.9% 0.33% −0.28
TT Trane Technologies PLC Sold out 0.00% −0.21
PSI Invesco Semiconductors ETF Reduce -51.0% 0.25% −0.18
SCHM Schwab US Mid Cap ETF Reduce -9.0% 1.97% −0.18
KRP Kimbell Royalty Partners LP Sold out 0.00% −0.16
XOM Exxon Mobil Corp. Reduce -8.7% 0.50% −0.14
BSX Boston Scientific Corp. Reduce -11.1% 1.14% −0.14
ICE Intercontinental Exchange Inc. Reduce -13.2% 0.90% −0.13
PG The Procter & Gamble Co. Reduce -34.6% 0.15% −0.11
XLE SS Energy Select Sector Reduce -11.8% 0.30% −0.10
RIO Rio Tinto PLC-Spon ADR Sold out 0.00% −0.07
ISRG Intuitive Surgical Inc. Reduce -36.6% 0.13% −0.07
SMMD iShares Russell 2500 ETF Reduce -8.2% 1.03% −0.07
HELO JPMorgan Hedged Equity ETF Reduce -38.6% 0.11% −0.07
IR Ingersoll-Rand Inc. Sold out 0.00% −0.05
NBIS Nebius Group NV Sold out 0.00% −0.05
AMD Advanced Micro Devices Sold out 0.00% −0.04
EA Electronic Arts Inc. Sold out 0.00% −0.04
JPM JPMorgan Chase & Co. Reduce -45.6% 0.05% −0.03
ALLE Allegion PLC Sold out 0.00% −0.03
SCHX Schwab US Large-Cap ETF Reduce -6.8% 0.97% −0.03
EEFT Euronet Worldwide Inc. Reduce -35.0% 0.04% −0.03
SMCI Super Micro Computer Inc. Reduce -62.3% 0.03% −0.03
LH Labcorp Holdings Inc. Reduce -13.7% 0.24% −0.02
CAT Caterpillar Inc. Reduce -19.4% 0.13% −0.02
ANSS Ansys Inc. Reduce -5.6% 1.00% −0.01
COST Costco Wholesale Corp. Reduce -0.6% 0.56% −0.01
OKLO Oklo Inc. Sold out 0.00% −0.01
DGII Digi International Inc. Reduce -30.7% 0.04% −0.01
DLR Digital Realty Trust Inc. Reduce -30.3% 0.03% −0.01
INTC Intel Corp. Sold out 0.00% −0.01
IAUM iShares Gold Trust Micro Sold out 0.00% −0.01
ADBE Adobe Inc. Reduce -1.4% 0.11% −0.01
PHX PHX Minerals Inc. Sold out 0.00% −0.01
VOO Vanguard S&P 500 ETF Reduce -5.1% 0.53% −0.01
SNPS Synopsys Inc. Reduce -26.7% 0.03% −0.01
FAST Fastenal Co. Reduce -56.1% 0.00% −0.00
VECO Veeco Instruments Inc. Reduce -67.0% 0.00% −0.00
ATLX Atlas Lithium Inc. Sold out 0.00% −0.00
TSEM Tower Semiconductor Ltd. Reduce -25.4% 0.02% −0.00
CVS CVS Health Corp. Reduce -13.8% 0.02% −0.00
AAP Advance Auto Parts Inc. Sold out 0.00% −0.00
XOP SS SPDR S&P Og Exp & Prod Reduce -46.8% 0.00% −0.00

Portfolio Buys Q1 2025 → Q2 2025
JEPQ JPM Nasdaq Equity Premium Add +19.8% 4.07% +0.64
JEPI JPMorgan Equity Premium Inco Add +20.4% 4.37% +0.50
GPIX GLDM SA S&P 500 PR in ETF-US Add +464.4% 0.53% +0.44
QYLD Global X Nasd 100 Cov Call Add +60.0% 0.99% +0.34
UMH Umh Properties Inc. Add +220.6% 0.40% +0.25
SGOV iShares 0-3 Month Treasury B Add +1947.4% 0.26% +0.24
RYLD Global X Russell 2000 Cov Class New 0.17% +0.17
AMKR Amkor Technology Inc. Add +25.3% 0.31% +0.08
YETH Roundhill Etr Co. Call St ETF Add +263.0% 0.12% +0.08
VMD Viemed Healthcare Inc. Add +93.8% 0.17% +0.07
AMLP Alerian MLP ETF Add +22.5% 0.76% +0.06
SYM Symbotic Inc. Add +45.9% 0.07% +0.04
MRVL Marvell Technology Inc. Add +150.0% 0.06% +0.04
KLAC KLA Corp. New 0.03% +0.03
GNRC Generac Holdings Inc. Add +31.0% 0.09% +0.02
BTCC Gryscle Bitcn HGH Inc. ETF-Ui New 0.02% +0.02
LGLV SPDR US LC Low Vol Idx Add +289.6% 0.03% +0.02
TAP Molson Coors Beverage Co. Class B Add +90.4% 0.07% +0.02
HIGH Simplify Enhanced Income ETF New 0.01% +0.01
SEB Seaboard Corp. New 0.01% +0.01
APG Api Group Corp. Add +41.5% 0.04% +0.01
ORCL Oracle Corp. Add +0.7% 0.03% +0.01
TSLA Tesla Inc. Add +2.9% 0.05% +0.01
TIDAL TRUST II New 0.01% +0.01
SWK Stanley Black & Decker Inc. New 0.01% +0.01
YBTC Roundhill Bitcoin CC STR ETF New 0.00% +0.00
MORT Vaneck Mortgage REIT Income New 0.00% +0.00
PTCT PTC Therapeutics Inc. New 0.00% +0.00
SCCO Southern Copper Corp. Add +0.7% 0.15% +0.00
NRXS Neuraxis Inc. New 0.00% +0.00
SJM The JM Smucker Co. Add +0.8% 0.02% −0.01
VICI Vici Properties Inc. Add +0.8% 0.16% −0.01
SCHD Schwab US DVD Equity ETF Add +0.5% 0.16% −0.02

Notes & Other Activity Q1 2025 → Q2 2025
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +112.1% 7,212 $8.5M
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF Reduce -31.8% 4,075 $493K
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Sold out 59 $73Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 225$135.2MGOOG, NVDA, VRT, QQQ, AXON
Q1 2026 211$116.2MNVDA, GOOG, VRT, META, QQQ
Q4 2025 216$124.5MGOOG, NVDA, META, AXON, QQQ
Q3 2025 226$131.7MNVDA, GOOG, META, AXON, VRT
Q2 2025 211$122.0MNVDA, AXON, META, GOOG, QQQ
Q1 2025 222$114.9MNVDA, AXON, META, GOOG, QQQ
Q4 2024 210$144.8MNVDA, AXON, GOOG, QQQ, AAPL
Q3 2024 203$134.2MNVDA, QQQ, AXON, GOOG, AAPL
Q2 2024 219$131.2MNVDA, GOOG, QQQ, AAPL, META
Q1 2024 229$124.0MNVDA, QQQ, GOOG, AXON, META