US Bancorp \de
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), US Bancorp \de reported 4,077 stock positions worth $76.4 billion. Its top holding was Schwab US Large-Cap ETF (SCHX) at 6.3% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 4.6%) and iShares Core U.S. Aggregate (AGG, 4.3%). Compared with Q3 2024, it opened 252 new positions, sold out of 157, added to 1,440 and reduced 1,591. The biggest buy was Schwab US Large-Cap ETF (SCHX, shares +234%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −83%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000036104
- Portfolio Value
- $76.4B (Q4 2024)
- SEC Filing
- 0000036104-25-000007 ↗ filed Feb 5, 2025
Holdings Value
Holdings 4,077 stocks · $76.4B
| SCHX Schwab US Large-Cap ETF | 6.26% | 206,419,096 | $4.8B | Add +234.1% |
| IVV iShares Core S&P 500 ETF | 4.60% | 5,964,953 | $3.5B | Reduce -6.1% |
| AGG iShares Core U.S. Aggregate | 4.32% | 34,048,215 | $3.3B | Reduce -8.6% |
| AAPL Apple Inc. | 3.64% | 11,090,682 | $2.8B | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.45% | 4,494,391 | $2.6B | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.17% | 5,740,822 | $2.4B | Add +0.3% |
| IEFA iShares Core MSCI Eafe ETF | 3.03% | 32,914,849 | $2.3B | Add +0.1% |
| IWR iShares Russell Mid-Cap ETF | 2.19% | 18,906,960 | $1.7B | Reduce -10.4% |
| LLY Eli Lilly & Co. | 2.12% | 2,093,971 | $1.6B | Reduce -4.1% |
| IEMG iShares Core MSCI Emerging | 1.75% | 25,626,618 | $1.3B | Add +3.6% |
| AMZN Amazon.com Inc. | 1.66% | 5,774,653 | $1.3B | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 1.52% | 6,124,384 | $1.2B | Add +0.6% |
| VEA Vanguard Ftse Developed ETF | 1.49% | 23,812,753 | $1.1B | Add +56.6% |
| NVDA Nvidia Corp. | 1.35% | 7,667,208 | $1.0B | Add +3.4% |
| JPM JPMorgan Chase & Co. | 1.21% | 3,849,092 | $922.7M | Reduce -1.2% |
| IWM iShares Russell 2000 ETF | 1.12% | 3,864,346 | $853.9M | Reduce -0.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.94% | 1,409,330 | $720.5M | Add +3.4% |
| PG The Procter & Gamble Co. | 0.89% | 4,053,358 | $679.5M | Add +1.4% |
| EFV iShares MSCI Eafe Value ETF | 0.88% | 12,803,041 | $671.8M | Add +3.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.84% | 2,206,849 | $639.6M | Reduce -83.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.82% | 923 | $628.5M | Reduce -0.3% |
| SCHH Schwab US REIT ETF | 0.78% | 28,445,009 | $599.1M | Add +3.1% |
| MDY State Street SPDR S&P Midcap | 0.78% | 1,045,963 | $595.8M | Reduce -1.7% |
| MUB iShares National Muni Bond E | 0.78% | 5,573,438 | $593.9M | Reduce -18.7% |
| IJR iShares Core S&P Small-Cap E | 0.78% | 5,151,408 | $593.5M | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 1,302,328 | $590.3M | Add +77.8% |
| EFA iShares MSCI Eafe ETF | 0.74% | 7,514,472 | $568.2M | Add +0.0% |
| UNH Unitedhealth Group Inc. | 0.74% | 1,119,390 | $566.3M | Add +0.0% |
| WMT Walmart Inc. | 0.74% | 6,235,457 | $563.4M | Reduce -1.4% |
| IWS iShares Russell Mid-Cap Valu | 0.72% | 4,251,283 | $549.9M | Add +1.7% |
| HD Home Depot Inc. | 0.71% | 1,401,847 | $545.3M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.68% | 882,118 | $516.5M | Add +4.3% |
| VNQ Vanguard Real Estate ETF | 0.66% | 5,665,065 | $504.6M | Add +11.5% |
| COST Costco Wholesale Corp. | 0.65% | 544,164 | $498.6M | Reduce -1.5% |
| MA Mastercard Inc. Class A | 0.63% | 913,402 | $481.0M | Add +0.1% |
| ABBV Abbvie Inc. | 0.58% | 2,508,765 | $445.8M | Reduce -1.0% |
| IWF iShares Russell 1000 Growth | 0.55% | 1,053,112 | $422.9M | Reduce -4.1% |
| IXUS iShares Core Intl Stock ETF | 0.55% | 6,342,165 | $419.5M | Add +49.5% |
| VXUS Vanguard Total Intl Stock | 0.51% | 6,609,457 | $389.5M | Reduce -50.1% |
| GOOG Alphabet Inc. Class C | 0.51% | 2,044,156 | $389.3M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.51% | 3,615,789 | $389.0M | Reduce -0.9% |
| ACN Accenture PLC Class A | 0.51% | 1,105,074 | $388.8M | Reduce -1.1% |
| JNJ Johnson & Johnson | 0.50% | 2,662,661 | $385.1M | Reduce -1.1% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.50% | 7,371,486 | $379.7M | Add +6.3% |
| PCAR Paccar Inc. | 0.49% | 3,625,723 | $377.1M | Reduce -0.0% |
| USB US Bancorp | 0.49% | 7,804,415 | $373.3M | Reduce -2.5% |
| ABT Abbott Laboratories | 0.44% | 2,966,396 | $335.5M | Reduce -2.6% |
| XLK SS Technology Select Sector | 0.44% | 1,438,210 | $334.4M | Add +0.3% |
| V Visa Inc. Class A | 0.43% | 1,035,216 | $327.2M | Reduce -0.5% |
| VWO Vanguard Ftse Emerging Marke | 0.42% | 7,298,559 | $321.4M | Reduce -14.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 7,291,256 | $320.5M | Add +0.1% |
| CVX Chevron Corp. | 0.42% | 2,209,632 | $320.0M | Add +2.7% |
| IJH iShares Core S&P Midcap ETF | 0.40% | 4,910,376 | $306.0M | Add +3.0% |
| MMM 3M Co. | 0.40% | 2,339,402 | $302.0M | Reduce -2.5% |
| MCD McDonald's Corp. | 0.39% | 1,014,632 | $294.1M | Reduce -2.3% |
| PEP Pepsico Inc. | 0.37% | 1,877,866 | $285.5M | Reduce -2.4% |
| SCHF Schwab Intl Equity ETF | 0.37% | 15,204,913 | $281.3M | Add +1.4% |
| VT Vanguard Tot World STK ETF | 0.37% | 2,385,736 | $280.3M | Add +62649.5% |
| AVGO Broadcom Inc. | 0.36% | 1,199,060 | $278.0M | Add +7.2% |
| EMR Emerson Electric Co. | 0.36% | 2,240,674 | $277.7M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.36% | 4,404,016 | $274.2M | Reduce -0.3% |
| MPC Marathon Petroleum Corp. | 0.35% | 1,911,303 | $266.6M | Reduce -1.9% |
| VOO Vanguard S&P 500 ETF | 0.34% | 485,738 | $261.7M | Reduce -0.6% |
| ORCL Oracle Corp. | 0.34% | 1,570,294 | $261.7M | Add +1.2% |
| TGT Target Corp. | 0.34% | 1,924,591 | $260.2M | Reduce -4.9% |
| ECL Ecolab Inc. | 0.33% | 1,069,679 | $250.6M | Reduce -2.2% |
| PANW Palo Alto Networks Inc. | 0.32% | 1,328,754 | $241.8M | Add +0.2% |
| CSCO Cisco Systems Inc. | 0.31% | 4,022,050 | $238.1M | Reduce -5.3% |
| NEE Nextera Energy Inc. | 0.29% | 3,066,037 | $219.8M | Add +2.5% |
| VXF Vanguard Extended Market ETF | 0.29% | 1,149,597 | $218.4M | Add +1.4% |
| BLK BlackRock Inc. | 0.29% | 212,943 | $218.3M | Reduce -2.9% |
| HON Honeywell International Inc. | 0.27% | 908,159 | $205.1M | Reduce -1.0% |
| QCOM Qualcomm Inc. | 0.26% | 1,314,302 | $201.9M | Add +0.9% |
| AMT American Tower Corp. | 0.26% | 1,096,154 | $201.0M | Reduce -4.4% |
| NOW ServiceNow Inc. | 0.26% | 188,677 | $200.0M | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.26% | 548,782 | $199.1M | Reduce -1.8% |
| AMGN Amgen Inc. | 0.25% | 738,025 | $192.4M | Reduce -1.7% |
| MRK Merck & Co. Inc. | 0.25% | 1,912,197 | $190.2M | Reduce -2.7% |
| UNP Union Pacific Corp. | 0.25% | 826,636 | $188.5M | Reduce -1.5% |
| IWP iShares Russell Mid-Cap Grow | 0.25% | 1,485,364 | $188.3M | Add +5.7% |
| IWB iShares Russell 1000 ETF | 0.24% | 570,452 | $183.8M | Reduce -0.3% |
| SCHW Schwab (charles) Corp. | 0.24% | 2,435,414 | $180.2M | Add +3.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.24% | 3,583,701 | $179.7M | Add +4.9% |
| CB Chubb Ltd. | 0.23% | 632,967 | $174.9M | Add +2.6% |
| TXN Texas Instruments Inc. | 0.22% | 902,603 | $169.2M | Reduce -0.9% |
| IVW iShares S&P 500 Growth ETF | 0.22% | 1,658,474 | $168.4M | Reduce -52.1% |
| GLD SPDR Gold Shares | 0.22% | 695,118 | $168.3M | Add +0.5% |
| ADP Automatic Data Processing | 0.22% | 569,854 | $166.8M | Reduce -0.5% |
| WFC Wells Fargo & Co. | 0.22% | 2,347,173 | $164.9M | Add +0.1% |
| CRM Salesforce Inc. | 0.21% | 479,272 | $160.2M | Add +1.6% |
| USRT iShares Core US REIT ETF | 0.21% | 2,775,610 | $159.1M | Add +3.3% |
| EFG iShares MSCI Eafe Growth ETF | 0.21% | 1,641,559 | $159.0M | Add +0.5% |
| IWD iShares Russell 1000 Value E | 0.21% | 858,624 | $159.0M | Reduce -1.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.20% | 914,668 | $154.9M | Reduce -0.7% |
| PFE Pfizer Inc. | 0.20% | 5,776,585 | $153.3M | Reduce -7.8% |
| TLT iShares 20+ Year Treasury BD | 0.19% | 1,697,051 | $148.2M | Add +78.0% |
| DVY iShares Select Dividend ETF | 0.19% | 1,125,515 | $147.8M | Reduce -3.0% |
| EEM iShares MSCI Emerging Market | 0.18% | 3,278,156 | $137.1M | Reduce -0.3% |
| IVE iShares S&P 500 Value ETF | 0.18% | 717,400 | $136.9M | Reduce -51.5% |
| AMD Advanced Micro Devices | 0.18% | 1,130,377 | $136.5M | Add +2.8% |
Options reported separately and not counted above: TSLA calls ($315K), MMM puts ($58K), SPY puts ($34K), JNJ puts ($31K), VIG puts ($18K), NVDA calls ($2K), BOX puts ($500), EFA puts ($124), EEM puts ($37), MSFT puts ($22), AAPL puts ($0), ADP puts ($0), and 4 more.
Other holdings (67): bonds, preferreds, convertibles and warrants · $3.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 941 | $1.1M | Add +6.0% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 857 | $1.0M | Reduce -12.6% |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 90,000 | $86K | No change |
| DISH NETWORK CORP (DISH 3.375 08/15/26) | NOTE 3.375% 8/1 · principal | 82,000 | $68K | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 68,000 | $67K | No change |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | 63,000 | $65K | No change |
| ZILLOW GROUP INC (Z 2.75 05/15/25) | NOTE 2.750% 5/1 · principal | 51,000 | $59K | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 62,000 | $59K | No change |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,048 | $56K | Reduce -6.2% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 57,000 | $55K | No change |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 57,000 | $55K | No change |
| BURLINGTON STORES INC (BURL 2.25 04/15/25) | NOTE 2.250% 4/1 · principal | 41,000 | $53K | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 55,000 | $53K | No change |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 56,000 | $52K | No change |
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | 52,000 | $51K | No change |
| NUVASIVE INC (GMED 0.375 03/15/25) | NOTE 0.375% 3/1 · principal | 51,000 | $50K | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 57,000 | $50K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | 45,000 | $48K | No change |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | 16,000 | $42K | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 46,000 | $41K | No change |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 25,000 | $22K | New |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | 500 | $20K | New |
| SNAP INC (SNAP 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 20,000 | $19K | No change |
| EURONET WORLDWIDE INC (EEFT 0.75 03/15/49) | NOTE 0.750% 3/1 · principal | 15,000 | $15K | No change |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 287 | $11K | No change |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | 5,000 | $10K | Reduce -75.0% |
| BLOCK INC (XYZ 0.125 03/01/25) | NOTE 0.125% 3/0 · principal | 9,000 | $9K | No change |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | 9,000 | $9K | Reduce -62.5% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 85 | $7K | No change |
| PATRICK INDUSTRIES INC (PATK 1.75 12/01/28) | NOTE 1.750%12/0 · principal | 5,000 | $7K | No change |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 3,000 | $7K | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 5,000 | $6K | No change |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | 4,000 | $6K | No change |
| GUIDEWIRE SOFTWARE INC (GWRE 1.25 03/15/25) | NOTE 1.250% 3/1 · principal | 4,000 | $6K | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 5,000 | $6K | No change |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 4,000 | $6K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 6,000 | $6K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 5,000 | $5K | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 4,000 | $5K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 5,000 | $5K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 4,000 | $5K | No change |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 4,000 | $5K | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 5,000 | $5K | No change |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | 4,000 | $5K | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 5,000 | $5K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 4,000 | $5K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 5,000 | $5K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 4,000 | $5K | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · principal | 5,000 | $5K | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 5,000 | $5K | No change |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 5,000 | $5K | No change |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 35,000 | $5K | No change |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 4,000 | $4K | No change |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | 46 | $3K | No change |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 2,000 | $3K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 4,000 | $3K | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 3,000 | $3K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 1,323 | $3K | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,000 | $2K | No change |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 2,000 | $2K | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 2,000 | $2K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,000 | $1K | No change |
| AP.WS Ampco-Pittsburgh Corp. -CW25 | *W EXP 08/01/202 | 4,200 | $378 | No change |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 33 | $349 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 4 | $346 | No change |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | 1,000 | $61 | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 1 | $7 | No change |
Total filed on the 13F, all lines: $76.4B.
Portfolio Sells Q3 2024 → Q4 2024
| VTI VG Morningstar TS MKT ETF-US | Reduce -83.2% | 0.84% | −3.95 |
| VXUS Vanguard Total Intl Stock | Reduce -50.1% | 0.51% | −0.59 |
| AGG iShares Core U.S. Aggregate | Reduce -8.6% | 4.32% | −0.43 |
| LLY Eli Lilly & Co. | Reduce -4.1% | 2.12% | −0.37 |
| IVW iShares S&P 500 Growth ETF | Reduce -52.1% | 0.22% | −0.21 |
| IWR iShares Russell Mid-Cap ETF | Reduce -10.4% | 2.19% | −0.20 |
| IVE iShares S&P 500 Value ETF | Reduce -51.5% | 0.18% | −0.19 |
| MUB iShares National Muni Bond E | Reduce -18.7% | 0.78% | −0.18 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -76.7% | 0.03% | −0.11 |
| IVV iShares Core S&P 500 ETF | Reduce -6.1% | 4.60% | −0.11 |
| VWO Vanguard Ftse Emerging Marke | Reduce -14.0% | 0.42% | −0.10 |
| AMT American Tower Corp. | Reduce -4.4% | 0.26% | −0.08 |
| IWN iShares Russell 2000 Value E | Reduce -46.4% | 0.08% | −0.07 |
| IWO iShares Russell 2000 Growth | Reduce -42.1% | 0.10% | −0.07 |
| TGT Target Corp. | Reduce -4.9% | 0.34% | −0.06 |
| AMGN Amgen Inc. | Reduce -1.7% | 0.25% | −0.06 |
| ABBV Abbvie Inc. | Reduce -1.0% | 0.58% | −0.06 |
| MPC Marathon Petroleum Corp. | Reduce -1.9% | 0.35% | −0.06 |
| JNJ Johnson & Johnson | Reduce -1.1% | 0.50% | −0.06 |
| KO The Coca-Cola Co. | Reduce -0.3% | 0.36% | −0.05 |
| PEP Pepsico Inc. | Reduce -2.4% | 0.37% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -0.9% | 0.51% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -2.7% | 0.25% | −0.04 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.04 |
| PFE Pfizer Inc. | Reduce -7.8% | 0.20% | −0.03 |
| CNC Centene Corp. | Reduce -9.9% | 0.09% | −0.03 |
| ECL Ecolab Inc. | Reduce -2.2% | 0.33% | −0.03 |
| APTV Aptiv PLC | Reduce -61.2% | 0.02% | −0.03 |
| AMAT Applied Materials Inc. | Reduce -0.3% | 0.14% | −0.03 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -7.0% | 0.17% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.7% | 0.12% | −0.03 |
| MMM 3M Co. | Reduce -2.5% | 0.40% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -9.3% | 0.12% | −0.02 |
| LIN Linde PLC | Reduce -2.3% | 0.17% | −0.02 |
| HUN Huntsman Corp. | Reduce -0.0% | 0.08% | −0.02 |
| GIS General Mills Inc. | Reduce -1.1% | 0.16% | −0.02 |
| NKE Nike Inc. Class B | Reduce -8.4% | 0.09% | −0.02 |
| INTC Intel Corp. | Reduce -12.3% | 0.07% | −0.02 |
| MDT Medtronic PLC | Reduce -4.2% | 0.15% | −0.02 |
| FLOT iShares Floating Rate Bond E | Reduce -55.1% | 0.02% | −0.02 |
| PLD Prologis Inc. | Reduce -5.9% | 0.09% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -6.3% | 0.13% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.4% | 0.09% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -3.2% | 0.10% | −0.02 |
| MCD McDonald's Corp. | Reduce -2.3% | 0.39% | −0.02 |
| CAT Caterpillar Inc. | Reduce -1.8% | 0.26% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -0.9% | 0.22% | −0.02 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -13.4% | 0.10% | −0.02 |
| UNP Union Pacific Corp. | Reduce -1.5% | 0.25% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -8.7% | 0.04% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| SCHX Schwab US Large-Cap ETF | Add +234.1% | 6.26% | +4.47 |
| VEA Vanguard Ftse Developed ETF | Add +56.6% | 1.49% | +0.46 |
| VT Vanguard Tot World STK ETF | Add +62649.5% | 0.37% | +0.37 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +77.8% | 0.77% | +0.34 |
| AMZN Amazon.com Inc. | Add +0.3% | 1.66% | +0.28 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 1.52% | +0.22 |
| NVDA Nvidia Corp. | Add +3.4% | 1.35% | +0.19 |
| IXUS iShares Core Intl Stock ETF | Add +49.5% | 0.55% | +0.15 |
| AVGO Broadcom Inc. | Add +7.2% | 0.36% | +0.12 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.4% | 0.94% | +0.09 |
| TLT iShares 20+ Year Treasury BD | Add +78.0% | 0.19% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +0.6% | 0.51% | +0.07 |
| TSLA Tesla Inc. | Add +6.0% | 0.17% | +0.07 |
| META Meta Platforms Inc. Class A | Add +4.3% | 0.68% | +0.05 |
| MA Mastercard Inc. Class A | Add +0.1% | 0.63% | +0.05 |
| BAC Bank of America Corp. | Add +0.1% | 0.42% | +0.05 |
| WFC Wells Fargo & Co. | Add +0.1% | 0.22% | +0.05 |
| CRM Salesforce Inc. | Add +1.6% | 0.21% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +3.9% | 0.24% | +0.04 |
| TLH iShares 10-20 Year Treasury | Add +176.1% | 0.06% | +0.04 |
| IWP iShares Russell Mid-Cap Grow | Add +5.7% | 0.25% | +0.03 |
| ITOT iShares Core S&P Total U.S. | Add +40.7% | 0.09% | +0.03 |
| BKNG Booking Holdings Inc. | Add +0.0% | 0.15% | +0.03 |
| PANW Palo Alto Networks Inc. | Add +0.2% | 0.32% | +0.03 |
| VNQ Vanguard Real Estate ETF | Add +11.5% | 0.66% | +0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +170.2% | 0.04% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +21.3% | 0.08% | +0.02 |
| VMI Valmont Industries | Add +2077.0% | 0.02% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +54.7% | 0.03% | +0.02 |
| XLK SS Technology Select Sector | Add +0.3% | 0.44% | +0.02 |
| VXF Vanguard Extended Market ETF | Add +1.4% | 0.29% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.7% | 0.11% | +0.02 |
| IJH iShares Core S&P Midcap ETF | Add +3.0% | 0.40% | +0.02 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +6.3% | 0.50% | +0.02 |
| XLF SS Financial Select Sector | Add +16.8% | 0.08% | +0.02 |
| EQIX Equinix Inc. | Add +21.3% | 0.06% | +0.02 |
| MELI MercadoLibre Inc. | Add +69.2% | 0.05% | +0.02 |
| TTD Trade Desk Inc./the Class A | Add +0.2% | 0.15% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +158.6% | 0.02% | +0.01 |
| XLY SS Consumer Disc Select Sect | Add +2.0% | 0.09% | +0.01 |
| CPRT Copart Inc. | Add +0.6% | 0.11% | +0.01 |
| CVX Chevron Corp. | Add +2.7% | 0.42% | +0.01 |
| LULU Lululemon Athletica Inc. | Add +2.4% | 0.04% | +0.01 |
| BA The Boeing Co. | Add +6.0% | 0.06% | +0.01 |
| ADBE Adobe Inc. | Add +22.1% | 0.18% | +0.01 |
| VEEV Veeva Systems Inc. Class A | Add +35.0% | 0.04% | +0.01 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +4.9% | 0.24% | +0.01 |
| GEV GE Vernova Inc. | Add +2.3% | 0.04% | +0.01 |
| MCK McKesson Corp. | Add +0.8% | 0.07% | +0.01 |
| IWS iShares Russell Mid-Cap Valu | Add +1.7% | 0.72% | +0.01 |
Options Activity Q3 2024 → Q4 2024
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 25 | $219Kbefore exit |
| MMM 3M Co. | put | Reduce -49.1% | 222 | $58K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -60.8% | 221 | $34K |
| PYPL PayPal Holdings Inc. | call | Sold out | 10 | $11Kbefore exit |
| M Macy's Inc. | call | Sold out | 10 | $6Kbefore exit |
| NVDA Nvidia Corp. | put | Sold out | 63 | $5Kbefore exit |
| CCL Carnival Corp. | call | Sold out | 5 | $4Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 5 | $4Kbefore exit |
| UAA Under Armour Inc. Class A | call | Sold out | 10 | $2Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| VWO Vanguard Ftse Emerging Marke | FTSE EMR MKT ETF · principal | Sold out | 53,711 | $2.6Mbefore exit |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +6.0% | 941 | $1.1M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -12.6% | 857 | $1.0M |
| PRG Prog Holdings Inc. | COM NPV · principal | Sold out | 5,056 | $245Kbefore exit |
| MICROCHIP TECHNOLOGY INC (MCHP 0.125 11/15/24) | NOTE 0.125%11/1 · principal | Sold out | 60,000 | $60Kbefore exit |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -6.2% | 2,048 | $56K |
| ORIGIN MATERIALS INC | COM · principal | Sold out | 23,200 | $36Kbefore exit |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | New | 25,000 | $22K |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | New | 500 | $20K |
| MRNA Moderna Inc. | COM · principal | Sold out | 299 | $20Kbefore exit |
| ALB Albemarle Corp. | COM · principal | Sold out | 127 | $12Kbefore exit |
| PARSONS CORP (PSN 0.25 08/15/25) | NOTE 0.250% 8/1 · principal | Reduce -75.0% | 5,000 | $10K |
| SPIRIT AIRLINES INC (SAVE 1 05/15/26) | NOTE 1.000% 5/1 · principal | Sold out | 32,000 | $10Kbefore exit |
| ZILLOW GROUP INC (Z 1.375 09/01/26) | NOTE 1.375% 9/0 · principal | Sold out | 6,000 | $9Kbefore exit |
| VISHAY INTERTECHNOLOGY (VSH 2.25 06/15/25) | NOTE 2.250% 6/1 · principal | Reduce -62.5% | 9,000 | $9K |
| INTEGER HOLDINGS CORP (ITGR 2.125 02/15/28) | NOTE 2.125% 2/1 · principal | Sold out | 4,000 | $6Kbefore exit |
| TRANSMEDICS GROUP INC (TMDX 1.5 06/01/28) | NOTE 1.500% 6/0 · principal | Sold out | 3,000 | $6Kbefore exit |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | NOTE 0.375% 6/0 · principal | Sold out | 1,000 | $3Kbefore exit |
| EQUITY COMMONWEALTH (EQC 6.5 PERP D) | 6.5% CNV PFD D | Sold out | 91 | $2Kbefore exit |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | Sold out | 82 | $2Kbefore exit |
| SEAPORT ENTERTAINMENT GR-RTS | RIGHT 10/10/2024 | Sold out | 40 | $118before exit |
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | Sold out | 1,474 | $29before exit |
| GABELLI UTILITY TRUST/THE | RIGHT 10/21/2024 | Sold out | 140 | $4before exit |
| TDW.WS Tidewater Inc.-CW24 | *W EXP 11/14/202 | Sold out | 2 | $1before 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 | 4,104 | $91.6B | SCHX, IVV, AGG, IEFA, SPY |
| Q1 2026 | 4,112 | $82.4B | AGG, IVV, SCHX, IEFA, SPY |
| Q4 2025 | 3,976 | $85.3B | SCHX, AGG, IVV, IEFA, SPY |
| Q3 2025 | 3,939 | $84.4B | SCHX, AGG, IVV, IEFA, SPY |
| Q2 2025 | 4,094 | $79.4B | SCHX, AGG, IVV, IEFA, MSFT |
| Q1 2025 | 4,104 | $74.8B | SCHX, IVV, AGG, IEFA, SPY |
| Q4 2024 | 4,077 | $76.4B | SCHX, IVV, AGG, AAPL, SPY |
| Q3 2024 | 3,978 | $77.9B | VTI, AGG, IVV, AAPL, SPY |
| Q2 2024 | 3,895 | $73.4B | VTI, IVV, AGG, MSFT, SPY |
| Q1 2024 | 3,889 | $71.7B | VTI, IVV, AGG, MSFT, SPY |