US Bancorp \de
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 24, 2025), US Bancorp \de reported 4,094 stock positions worth $79.4 billion. Its top holding was Schwab US Large-Cap ETF (SCHX) at 6.4% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 5.5%) and iShares Core S&P 500 ETF (IVV, 4.6%). Compared with Q1 2025, it opened 202 new positions, sold out of 213, added to 1,306 and reduced 1,942. The biggest buy was Vngrd Mrngstr MD-Cap ETF-Usd (VO, shares +2677%) and the biggest sale Vanguard Total Intl Stock (VXUS, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000036104
- Portfolio Value
- $79.4B (Q2 2025)
- SEC Filing
- 0000036104-25-000046 ↗ filed Jul 24, 2025
Holdings Value
Holdings 4,094 stocks · $79.4B
| SCHX Schwab US Large-Cap ETF | 6.35% | 206,409,170 | $5.0B | Reduce -5.0% |
| AGG iShares Core U.S. Aggregate | 5.49% | 43,988,044 | $4.4B | Add +29.1% |
| IVV iShares Core S&P 500 ETF | 4.61% | 5,894,564 | $3.7B | Reduce -3.4% |
| IEFA iShares Core MSCI Eafe ETF | 3.61% | 34,386,264 | $2.9B | Add +0.7% |
| MSFT Microsoft Corp. | 3.46% | 5,518,783 | $2.7B | Reduce -2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.43% | 4,414,999 | $2.7B | Reduce -0.8% |
| AAPL Apple Inc. | 2.76% | 10,690,172 | $2.2B | Reduce -2.2% |
| IEMG iShares Core MSCI Emerging | 2.09% | 27,716,653 | $1.7B | Add +2.4% |
| IWR iShares Russell Mid-Cap ETF | 1.61% | 13,918,489 | $1.3B | Reduce -28.0% |
| AMZN Amazon.com Inc. | 1.59% | 5,759,505 | $1.3B | Reduce -0.1% |
| NVDA Nvidia Corp. | 1.59% | 7,983,154 | $1.3B | Add +0.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.49% | 4,241,845 | $1.2B | Add +2677.1% |
| JPM JPMorgan Chase & Co. | 1.36% | 3,726,019 | $1.1B | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 1.35% | 6,085,810 | $1.1B | Reduce -0.5% |
| LLY Eli Lilly & Co. | 1.35% | 1,372,106 | $1.1B | Reduce -4.3% |
| EFV iShares MSCI Eafe Value ETF | 1.09% | 13,614,142 | $864.2M | Add +4.1% |
| MUB iShares National Muni Bond E | 0.97% | 7,341,914 | $767.1M | Add +34.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.95% | 1,370,724 | $756.1M | Add +1.5% |
| META Meta Platforms Inc. Class A | 0.86% | 926,610 | $683.9M | Add +1.9% |
| EFA iShares MSCI Eafe ETF | 0.84% | 7,452,481 | $666.2M | Reduce -0.7% |
| VEA Vanguard Ftse Developed ETF | 0.83% | 11,599,538 | $661.3M | Reduce -25.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.83% | 901 | $656.6M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.82% | 2,144,830 | $651.9M | Reduce -3.3% |
| SCHH Schwab US REIT ETF | 0.81% | 30,541,227 | $646.3M | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 1,301,455 | $632.2M | Add +0.3% |
| PG The Procter & Gamble Co. | 0.77% | 3,840,346 | $611.8M | Reduce -1.8% |
| MDY State Street SPDR S&P Midcap | 0.72% | 1,015,783 | $575.4M | Reduce -1.9% |
| IWM iShares Russell 2000 ETF | 0.72% | 2,663,880 | $574.8M | Reduce -32.9% |
| WMT Walmart Inc. | 0.72% | 5,877,320 | $574.7M | Reduce -2.9% |
| IJR iShares Core S&P Small-Cap E | 0.69% | 5,024,941 | $549.2M | Reduce -2.6% |
| IXUS iShares Core Intl Stock ETF | 0.66% | 6,788,647 | $524.8M | Reduce -3.5% |
| COST Costco Wholesale Corp. | 0.65% | 521,388 | $516.2M | Reduce -2.1% |
| HD Home Depot Inc. | 0.65% | 1,399,018 | $512.9M | Add +0.1% |
| MA Mastercard Inc. Class A | 0.63% | 889,617 | $499.9M | Reduce -1.0% |
| ABBV Abbvie Inc. | 0.57% | 2,430,949 | $451.2M | Reduce -1.6% |
| VNQ Vanguard Real Estate ETF | 0.57% | 5,051,917 | $449.9M | Add +0.2% |
| IWF iShares Russell 1000 Growth | 0.55% | 1,038,054 | $440.7M | Reduce -2.0% |
| VTWO Vanguard Russell 2000 ETF | 0.50% | 4,540,819 | $396.1M | Add +36940.7% |
| JNJ Johnson & Johnson | 0.50% | 2,591,425 | $395.8M | Reduce -0.5% |
| ABT Abbott Laboratories | 0.49% | 2,870,124 | $390.4M | Reduce -1.7% |
| XOM Exxon Mobil Corp. | 0.48% | 3,509,802 | $378.4M | Reduce -1.8% |
| VWO Vanguard Ftse Emerging Marke | 0.47% | 7,488,072 | $370.4M | Add +1.5% |
| ORCL Oracle Corp. | 0.46% | 1,667,934 | $364.7M | Add +0.0% |
| XLK SS Technology Select Sector | 0.45% | 1,409,065 | $356.8M | Reduce -0.8% |
| V Visa Inc. Class A | 0.45% | 1,002,899 | $356.1M | Reduce -0.9% |
| VT Vanguard Tot World STK ETF | 0.45% | 2,769,081 | $355.9M | Add +4.3% |
| GOOG Alphabet Inc. Class C | 0.44% | 1,976,777 | $350.7M | Reduce -2.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 7,340,608 | $347.4M | Reduce -1.1% |
| AVGO Broadcom Inc. | 0.43% | 1,247,384 | $343.8M | Add +2.0% |
| PCAR Paccar Inc. | 0.43% | 3,604,005 | $342.6M | Reduce -0.5% |
| MMM 3M Co. | 0.43% | 2,246,996 | $342.1M | Reduce -1.8% |
| USB US Bancorp | 0.42% | 7,386,227 | $334.2M | Reduce -2.9% |
| ACN Accenture PLC Class A | 0.41% | 1,096,904 | $327.9M | Reduce -0.9% |
| UNH Unitedhealth Group Inc. | 0.41% | 1,040,644 | $324.7M | Reduce -4.9% |
| IJH iShares Core S&P Midcap ETF | 0.41% | 5,212,331 | $323.3M | Add +2.2% |
| CVX Chevron Corp. | 0.39% | 2,183,593 | $312.7M | Reduce -1.7% |
| KO The Coca-Cola Co. | 0.38% | 4,272,817 | $302.3M | Reduce -1.2% |
| IWS iShares Russell Mid-Cap Valu | 0.38% | 2,284,750 | $301.9M | Reduce -47.5% |
| SCHF Schwab Intl Equity ETF | 0.38% | 13,545,100 | $299.3M | Reduce -6.7% |
| MPC Marathon Petroleum Corp. | 0.36% | 1,735,139 | $288.2M | Reduce -7.3% |
| MCD McDonald's Corp. | 0.36% | 966,300 | $282.3M | Reduce -1.6% |
| VOO Vanguard S&P 500 ETF | 0.35% | 495,709 | $281.6M | Add +2.8% |
| PANW Palo Alto Networks Inc. | 0.35% | 1,356,098 | $277.5M | Reduce -5.1% |
| EMR Emerson Electric Co. | 0.35% | 2,058,062 | $274.4M | Reduce -0.9% |
| ECL Ecolab Inc. | 0.34% | 1,009,118 | $271.9M | Reduce -3.0% |
| CSCO Cisco Systems Inc. | 0.34% | 3,898,096 | $270.5M | Reduce -1.2% |
| GLD SPDR Gold Shares | 0.29% | 767,160 | $233.9M | Add +0.3% |
| PEP Pepsico Inc. | 0.29% | 1,718,423 | $226.9M | Reduce -4.1% |
| AMT American Tower Corp. | 0.28% | 1,015,529 | $224.5M | Reduce -4.3% |
| IWB iShares Russell 1000 ETF | 0.28% | 659,590 | $224.0M | Add +8.9% |
| BLK BlackRock Inc. | 0.28% | 212,213 | $222.7M | Reduce -1.6% |
| IWP iShares Russell Mid-Cap Grow | 0.27% | 1,572,826 | $218.1M | Add +0.8% |
| SCHW Schwab (charles) Corp. | 0.27% | 2,366,170 | $215.9M | Reduce -4.6% |
| NOW ServiceNow Inc. | 0.26% | 201,417 | $207.1M | Add +1.4% |
| HON Honeywell International Inc. | 0.26% | 871,114 | $202.9M | Reduce -1.2% |
| NEE Nextera Energy Inc. | 0.25% | 2,914,327 | $202.3M | Reduce -1.6% |
| CAT Caterpillar Inc. | 0.25% | 518,577 | $201.3M | Reduce -2.3% |
| QCOM Qualcomm Inc. | 0.25% | 1,260,982 | $200.8M | Reduce -2.6% |
| AMGN Amgen Inc. | 0.25% | 709,668 | $198.1M | Reduce -2.9% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.24% | 3,943,092 | $193.3M | Add +10.6% |
| VXF Vanguard Extended Market ETF | 0.24% | 997,673 | $192.3M | Reduce -12.2% |
| UNP Union Pacific Corp. | 0.23% | 793,666 | $182.6M | Reduce -2.3% |
| WFC Wells Fargo & Co. | 0.23% | 2,271,601 | $182.0M | Reduce -1.6% |
| NFLX Netflix Inc. | 0.22% | 131,686 | $176.3M | Add +10.4% |
| CB Chubb Ltd. | 0.22% | 603,120 | $174.7M | Reduce -1.9% |
| ADP Automatic Data Processing | 0.22% | 554,337 | $171.0M | Reduce -1.3% |
| TXN Texas Instruments Inc. | 0.21% | 817,701 | $169.8M | Reduce -3.9% |
| EFG iShares MSCI Eafe Growth ETF | 0.21% | 1,474,234 | $165.1M | Reduce -2.8% |
| IWD iShares Russell 1000 Value E | 0.21% | 845,854 | $164.3M | Reduce -0.3% |
| USRT iShares Core US REIT ETF | 0.20% | 2,852,126 | $161.3M | Reduce -2.2% |
| AMD Advanced Micro Devices | 0.20% | 1,135,609 | $161.1M | Reduce -0.9% |
| EEM iShares MSCI Emerging Market | 0.20% | 3,308,587 | $159.6M | Add +1.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 539,356 | $159.0M | Reduce -1.3% |
| LIN Linde PLC | 0.20% | 333,856 | $156.6M | Reduce -0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.20% | 884,249 | $156.3M | Reduce -0.9% |
| DVY iShares Select Dividend ETF | 0.19% | 1,137,906 | $151.1M | Add +1.3% |
| TDG Transdigm Group Inc. | 0.19% | 99,355 | $151.1M | Add +0.1% |
| TGT Target Corp. | 0.19% | 1,530,193 | $151.0M | Reduce -9.2% |
| IVW iShares S&P 500 Growth ETF | 0.19% | 1,350,593 | $148.7M | Reduce -15.7% |
| UBER Uber Technologies Inc. | 0.19% | 1,578,850 | $147.3M | Add +2.2% |
Options reported separately and not counted above: LLY puts ($5.7M), SPY puts ($104K), AAPL puts ($41K), JNJ puts ($26K), MMM puts ($20K), LOW puts ($16K), QQQ puts ($14K), BOX puts ($500), EEM puts ($96), EFA puts ($36), MSFT puts ($6), ADP puts ($1), and 2 more.
Other holdings (49): bonds, preferreds, convertibles and warrants · $2.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 810 | $951K | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 769 | $933K | Reduce -0.4% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,031 | $42K | Reduce -2.2% |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 25,000 | $21K | No change |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | 3,000 | $12K | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 5,000 | $8K | No change |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 8,000 | $7K | No change |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | 7,000 | $7K | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 85 | $6K | Reduce -11.5% |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 6,000 | $6K | No change |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | 4,000 | $6K | No change |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | 5,000 | $6K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 5,000 | $6K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 6,000 | $6K | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 5,000 | $6K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 5,000 | $6K | No change |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 4,000 | $6K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | 4,000 | $5K | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 5,000 | $5K | No change |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | 5,000 | $5K | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 5,000 | $5K | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 5,000 | $5K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 1,323 | $5K | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · 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 |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | 5,000 | $5K | No change |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · 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 |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 5,000 | $5K | No change |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 5,000 | $5K | No change |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | 5,000 | $5K | No change |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | 4,000 | $4K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 4,000 | $4K | No change |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · principal | 4,000 | $4K | No change |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 4,000 | $4K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 4,000 | $3K | No change |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 3,000 | $3K | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 3,000 | $3K | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,000 | $3K | No change |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | 137 | $2K | New |
| 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 |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 164 | $2K | New |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,000 | $1K | No change |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 35,000 | $672 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 4 | $431 | No change |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 33 | $292 | No change |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | 1,000 | $105 | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 1 | $4 | No change |
Total filed on the 13F, all lines: $79.4B.
Portfolio Sells Q1 2025 → Q2 2025
| VXUS Vanguard Total Intl Stock | Reduce -98.8% | 0.01% | −1.15 |
| IWR iShares Russell Mid-Cap ETF | Reduce -28.0% | 1.61% | −0.59 |
| AAPL Apple Inc. | Reduce -2.2% | 2.76% | −0.48 |
| UNH Unitedhealth Group Inc. | Reduce -4.9% | 0.41% | −0.36 |
| IWS iShares Russell Mid-Cap Valu | Reduce -47.5% | 0.38% | −0.35 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -65.7% | 0.17% | −0.35 |
| IWM iShares Russell 2000 ETF | Reduce -32.9% | 0.72% | −0.33 |
| LLY Eli Lilly & Co. | Reduce -4.3% | 1.35% | −0.24 |
| VEA Vanguard Ftse Developed ETF | Reduce -25.7% | 0.83% | −0.23 |
| ABBV Abbvie Inc. | Reduce -1.6% | 0.57% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -1.8% | 0.77% | −0.12 |
| CVX Chevron Corp. | Reduce -1.7% | 0.39% | −0.10 |
| XOM Exxon Mobil Corp. | Reduce -1.8% | 0.48% | −0.09 |
| TLT iShares 20+ Year Treasury BD | Reduce -40.7% | 0.11% | −0.09 |
| ITOT iShares Core S&P Total U.S. | Reduce -90.9% | 0.01% | −0.08 |
| JNJ Johnson & Johnson | Reduce -0.5% | 0.50% | −0.08 |
| PEP Pepsico Inc. | Reduce -4.1% | 0.29% | −0.07 |
| SCHX Schwab US Large-Cap ETF | Reduce -5.0% | 6.35% | −0.06 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -33.1% | 0.10% | −0.06 |
| AMGN Amgen Inc. | Reduce -2.9% | 0.25% | −0.05 |
| MCD McDonald's Corp. | Reduce -1.6% | 0.36% | −0.05 |
| ACN Accenture PLC Class A | Reduce -0.9% | 0.41% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -6.3% | 0.17% | −0.05 |
| TGT Target Corp. | Reduce -9.2% | 0.19% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -5.0% | 0.09% | −0.04 |
| IWN iShares Russell 2000 Value E | Reduce -54.1% | 0.03% | −0.04 |
| SLB SLB Ltd. | Reduce -19.8% | 0.06% | −0.04 |
| PCAR Paccar Inc. | Reduce -0.5% | 0.43% | −0.04 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -28.8% | 0.13% | −0.04 |
| IWO iShares Russell 2000 Growth | Reduce -41.7% | 0.06% | −0.04 |
| KO The Coca-Cola Co. | Reduce -1.2% | 0.38% | −0.03 |
| PFE Pfizer Inc. | Reduce -9.4% | 0.14% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.4% | 0.09% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.6% | 0.69% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -1.0% | 0.63% | −0.03 |
| IVE iShares S&P 500 Value ETF | Reduce -12.9% | 0.15% | −0.03 |
| GIS General Mills Inc. | Reduce -0.9% | 0.12% | −0.03 |
| CB Chubb Ltd. | Reduce -1.9% | 0.22% | −0.03 |
| COP Conocophillips | Reduce -4.7% | 0.09% | −0.03 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -98.8% | 0.00% | −0.03 |
| UNP Union Pacific Corp. | Reduce -2.3% | 0.23% | −0.03 |
| ABT Abbott Laboratories | Reduce -1.7% | 0.49% | −0.03 |
| AMT American Tower Corp. | Reduce -4.3% | 0.28% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -1.6% | 0.25% | −0.03 |
| HUN Huntsman Corp. | Reduce -0.1% | 0.04% | −0.03 |
| V Visa Inc. Class A | Reduce -0.9% | 0.45% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -12.2% | 0.10% | −0.03 |
| MDT Medtronic PLC | Reduce -7.0% | 0.14% | −0.03 |
| CPRT Copart Inc. | Reduce -4.1% | 0.09% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -2.1% | 0.65% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +2677.1% | 1.49% | +1.44 |
| AGG iShares Core U.S. Aggregate | Add +29.1% | 5.49% | +0.99 |
| VTWO Vanguard Russell 2000 ETF | Add +36940.7% | 0.50% | +0.50 |
| NVDA Nvidia Corp. | Add +0.9% | 1.59% | +0.44 |
| MUB iShares National Muni Bond E | Add +34.4% | 0.97% | +0.20 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.7% | 3.61% | +0.16 |
| META Meta Platforms Inc. Class A | Add +1.9% | 0.86% | +0.16 |
| AVGO Broadcom Inc. | Add +2.0% | 0.43% | +0.16 |
| ORCL Oracle Corp. | Add +0.0% | 0.46% | +0.15 |
| IEMG iShares Core MSCI Emerging | Add +2.4% | 2.09% | +0.14 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.5% | 0.95% | +0.11 |
| NFLX Netflix Inc. | Add +10.4% | 0.22% | +0.07 |
| EFV iShares MSCI Eafe Value ETF | Add +4.1% | 1.09% | +0.06 |
| NOW ServiceNow Inc. | Add +1.4% | 0.26% | +0.05 |
| VRT Vertiv Holdings Co. Class A | Add +0.5% | 0.11% | +0.05 |
| TLH iShares 10-20 Year Treasury | Add +65.9% | 0.13% | +0.04 |
| OKTA Okta Inc. | Add +478.0% | 0.05% | +0.04 |
| MU Micron Technology Inc. | Add +4.0% | 0.14% | +0.04 |
| VT Vanguard Tot World STK ETF | Add +4.3% | 0.45% | +0.04 |
| UBER Uber Technologies Inc. | Add +2.2% | 0.19% | +0.04 |
| ETN Eaton Corp. PLC | Add +3.2% | 0.16% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +8.9% | 0.28% | +0.03 |
| GWW WW Grainger Inc. | Add +33.8% | 0.13% | +0.03 |
| INTU Intuit Inc. | Add +0.3% | 0.18% | +0.03 |
| MELI MercadoLibre Inc. | Add +7.9% | 0.11% | +0.03 |
| IWP iShares Russell Mid-Cap Grow | Add +0.8% | 0.27% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +5.2% | 0.08% | +0.03 |
| APH Amphenol Corp. Class A | Add +0.8% | 0.09% | +0.03 |
| TSLA Tesla Inc. | Add +6.2% | 0.14% | +0.03 |
| GEV GE Vernova Inc. | Add +2.0% | 0.07% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.6% | 0.11% | +0.02 |
| LNG Cheniere Energy Inc. | Add +482.8% | 0.03% | +0.02 |
| AXP American Express Co. | Add +2.7% | 0.18% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +2.8% | 0.35% | +0.02 |
| TTD Trade Desk Inc./the Class A | Add +1.5% | 0.10% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +1.5% | 0.47% | +0.02 |
| THRO iShares U.S. Thematic Rotati | New | 0.02% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +40.0% | 0.06% | +0.02 |
| PM Philip Morris International | Add +3.7% | 0.15% | +0.02 |
| MS Morgan Stanley | Add +0.3% | 0.13% | +0.02 |
| IAGG iShares Intl Aggregate Bond | Add +9889.7% | 0.02% | +0.02 |
| KLAC KLA Corp. | Add +1.5% | 0.07% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +1.6% | 0.11% | +0.01 |
| BA The Boeing Co. | Add +8.1% | 0.07% | +0.01 |
| TLN Talen Energy Corp. | Add +18.7% | 0.04% | +0.01 |
| IDV iShares International Select | Add +11.2% | 0.08% | +0.01 |
| COF Capital One Financial Corp. | Add +58.1% | 0.03% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +3.3% | 0.08% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +27.7% | 0.03% | +0.01 |
| EEM iShares MSCI Emerging Market | Add +1.2% | 0.20% | +0.01 |
Options Activity Q1 2025 → Q2 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +116.5% | 1,100 | $104K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 40 | $101Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | call | Sold out | 30 | $85Kbefore exit |
| TSLA Tesla Inc. | call | Sold out | 44 | $55Kbefore exit |
| JNJ Johnson & Johnson | put | Reduce -50.0% | 250 | $26K |
| MMM 3M Co. | put | Reduce -23.9% | 153 | $20K |
| QQQ Invesco QQQ Trust Series 1 | put | New | 45 | $14K |
| IBIT iShares Bitcoin Trust ETF | call | Sold out | 10 | $8Kbefore exit |
| VIG Vanguard Dividend Apprec ETF | put | Sold out | 272 | $4Kbefore exit |
| BOX Box Inc. Class A | put | New | 50 | $500 |
| NVDA Nvidia Corp. | call | Sold out | 1 | $350before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2025 → Q2 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.4% | 769 | $933K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -2.2% | 2,031 | $42K |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | NOTE 0.750% 5/0 · principal | Sold out | 16,000 | $39Kbefore exit |
| SOUTHWEST AIRLINES CO (LUV 1.25 05/01/25) | NOTE 1.250% 5/0 · principal | Sold out | 22,000 | $22Kbefore exit |
| ALBEMARLE CORP (ALB 7.25 03/01/27) | 7.25% DEP SHS A | Sold out | 518 | $18Kbefore exit |
| HP ENTERPRISE CO (HPE 7.625 09/01/27) | 7.625 MAND CONV | Sold out | 380 | $18Kbefore exit |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | Reduce -11.5% | 85 | $6K |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | Sold out | 4,000 | $6Kbefore exit |
| ZSCALER INC. (ZS 0.125 07/01/25) | NOTE 0.125% 7/0 · principal | Sold out | 4,000 | $5Kbefore exit |
| DATADOG INC (DDOG 0.125 06/15/25) | NOTE 0.125% 6/1 · principal | Sold out | 4,000 | $4Kbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | Sold out | 65 | $4Kbefore exit |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Sold out | 2,000 | $3Kbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) | NOTE 0.125% 5/0 · principal | Sold out | 3,000 | $3Kbefore exit |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | New | 137 | $2K |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Sold out | 25 | $2Kbefore exit |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | New | 164 | $2K |
| ARES MANAGEMENT CORP (ARES 6.75 10/01/27 B) | 6.75 SE B PFD | Sold out | 32 | $2Kbefore exit |
| EPR PROPERTIES (EPR 5.75 PERP C) | PFD C CV 5.75% | Sold out | 62 | $1Kbefore exit |
| CHART INDUSTRIES INC (GTLS 6.75 12/15/25 B) | 6.75DP CNV PFD B | Sold out | 17 | $931before exit |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Sold out | 34 | $830before 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 |