US Bancorp \de
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), US Bancorp \de reported 3,939 stock positions worth $84.4 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, 5.0%) and iShares Core S&P 500 ETF (IVV, 4.8%). Compared with Q2 2025, it opened 173 new positions, sold out of 330, added to 1,310 and reduced 1,747. The biggest buy was Schwab U.S. Tips ETF (SCHP, shares +900%) and the biggest sale iShares Core U.S. Aggregate (AGG, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000036104
- Portfolio Value
- $84.4B (Q3 2025)
- SEC Filing
- 0000036104-25-000067 ↗ filed Nov 12, 2025
Holdings Value
Holdings 3,939 stocks · $84.4B
| SCHX Schwab US Large-Cap ETF | 6.42% | 205,650,965 | $5.4B | Reduce -0.4% |
| AGG iShares Core U.S. Aggregate | 5.03% | 42,354,274 | $4.2B | Reduce -3.7% |
| IVV iShares Core S&P 500 ETF | 4.78% | 6,023,396 | $4.0B | Add +2.2% |
| IEFA iShares Core MSCI Eafe ETF | 3.67% | 35,451,679 | $3.1B | Add +3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.40% | 4,307,539 | $2.9B | Reduce -2.4% |
| MSFT Microsoft Corp. | 3.34% | 5,436,865 | $2.8B | Reduce -1.5% |
| AAPL Apple Inc. | 3.15% | 10,442,818 | $2.7B | Reduce -2.3% |
| IEMG iShares Core MSCI Emerging | 2.22% | 28,412,025 | $1.9B | Add +2.5% |
| NVDA Nvidia Corp. | 1.78% | 8,049,034 | $1.5B | Add +0.8% |
| GOOGL Alphabet Inc. Class A | 1.76% | 6,091,294 | $1.5B | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.61% | 4,610,643 | $1.4B | Add +8.7% |
| IWR iShares Russell Mid-Cap ETF | 1.56% | 13,639,666 | $1.3B | Reduce -2.0% |
| AMZN Amazon.com Inc. | 1.50% | 5,757,152 | $1.3B | Reduce -0.0% |
| JPM JPMorgan Chase & Co. | 1.37% | 3,655,592 | $1.2B | Reduce -1.9% |
| LLY Eli Lilly & Co. | 1.24% | 1,374,048 | $1.0B | Add +0.1% |
| EFV iShares MSCI Eafe Value ETF | 1.13% | 13,996,150 | $949.4M | Add +2.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.98% | 1,378,057 | $827.3M | Add +0.5% |
| META Meta Platforms Inc. Class A | 0.83% | 952,522 | $699.5M | Add +2.8% |
| VEA Vanguard Ftse Developed ETF | 0.82% | 11,551,168 | $692.1M | Reduce -0.4% |
| SCHH Schwab US REIT ETF | 0.82% | 32,078,890 | $691.9M | Add +5.0% |
| EFA iShares MSCI Eafe ETF | 0.82% | 7,397,900 | $690.7M | Reduce -0.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.82% | 2,098,777 | $688.8M | Reduce -2.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.80% | 900 | $678.8M | Reduce -0.1% |
| IXUS iShares Core Intl Stock ETF | 0.79% | 8,071,498 | $666.5M | Add +18.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.77% | 1,293,527 | $650.3M | Reduce -0.6% |
| IWM iShares Russell 2000 ETF | 0.75% | 2,603,293 | $629.9M | Reduce -2.3% |
| MDY State Street SPDR S&P Midcap | 0.71% | 998,110 | $594.9M | Reduce -1.7% |
| WMT Walmart Inc. | 0.70% | 5,740,380 | $591.6M | Reduce -2.3% |
| IJR iShares Core S&P Small-Cap E | 0.70% | 4,968,235 | $590.4M | Reduce -1.1% |
| HD Home Depot Inc. | 0.67% | 1,397,221 | $566.1M | Reduce -0.1% |
| PG The Procter & Gamble Co. | 0.67% | 3,675,632 | $564.8M | Reduce -4.3% |
| MUB iShares National Muni Bond E | 0.67% | 5,295,541 | $563.9M | Reduce -27.9% |
| ABBV Abbvie Inc. | 0.66% | 2,400,194 | $555.7M | Reduce -1.3% |
| VT Vanguard Tot World STK ETF | 0.65% | 3,974,186 | $547.7M | Add +43.5% |
| MA Mastercard Inc. Class A | 0.59% | 878,793 | $499.9M | Reduce -1.2% |
| VTWO Vanguard Russell 2000 ETF | 0.57% | 4,901,587 | $479.5M | Add +7.9% |
| COST Costco Wholesale Corp. | 0.56% | 514,535 | $476.3M | Reduce -1.3% |
| VNQ Vanguard Real Estate ETF | 0.56% | 5,176,306 | $473.2M | Add +2.5% |
| GOOG Alphabet Inc. Class C | 0.56% | 1,939,051 | $472.3M | Reduce -1.9% |
| JNJ Johnson & Johnson | 0.56% | 2,531,636 | $469.4M | Reduce -2.3% |
| ORCL Oracle Corp. | 0.53% | 1,593,234 | $448.1M | Reduce -4.5% |
| IWF iShares Russell 1000 Growth | 0.52% | 941,199 | $440.9M | Reduce -9.3% |
| SCHP Schwab U.S. Tips ETF | 0.52% | 16,265,679 | $438.4M | Add +899.8% |
| AVGO Broadcom Inc. | 0.49% | 1,246,822 | $411.3M | Reduce -0.1% |
| VWO Vanguard Ftse Emerging Marke | 0.48% | 7,460,988 | $404.2M | Reduce -0.4% |
| XLK SS Technology Select Sector | 0.47% | 1,395,752 | $393.4M | Reduce -0.9% |
| XOM Exxon Mobil Corp. | 0.46% | 3,438,726 | $387.7M | Reduce -2.0% |
| ABT Abbott Laboratories | 0.45% | 2,832,552 | $379.4M | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 7,253,487 | $374.2M | Reduce -1.2% |
| UNH Unitedhealth Group Inc. | 0.42% | 1,025,873 | $354.2M | Reduce -1.4% |
| PCAR Paccar Inc. | 0.42% | 3,602,874 | $354.2M | Reduce -0.0% |
| USB US Bancorp | 0.41% | 7,197,275 | $347.8M | Reduce -2.6% |
| IJH iShares Core S&P Midcap ETF | 0.40% | 5,175,218 | $337.7M | Reduce -0.7% |
| CVX Chevron Corp. | 0.40% | 2,166,316 | $336.4M | Reduce -0.8% |
| MMM 3M Co. | 0.40% | 2,152,508 | $334.0M | Reduce -4.2% |
| SCHF Schwab Intl Equity ETF | 0.39% | 14,032,989 | $326.7M | Add +3.6% |
| V Visa Inc. Class A | 0.39% | 955,539 | $326.2M | Reduce -4.7% |
| MPC Marathon Petroleum Corp. | 0.38% | 1,655,061 | $319.0M | Reduce -4.6% |
| VOO Vanguard S&P 500 ETF | 0.36% | 501,712 | $307.2M | Add +1.2% |
| IWS iShares Russell Mid-Cap Valu | 0.36% | 2,189,330 | $305.8M | Reduce -4.2% |
| MCD McDonald's Corp. | 0.34% | 946,514 | $287.6M | Reduce -2.0% |
| GLD SPDR Gold Shares | 0.34% | 797,375 | $283.4M | Add +3.9% |
| KO The Coca-Cola Co. | 0.33% | 4,206,235 | $279.0M | Reduce -1.6% |
| ECL Ecolab Inc. | 0.33% | 1,017,744 | $278.7M | Add +0.8% |
| PANW Palo Alto Networks Inc. | 0.33% | 1,364,442 | $277.8M | Add +0.6% |
| IWB iShares Russell 1000 ETF | 0.33% | 751,222 | $274.6M | Add +13.9% |
| EMR Emerson Electric Co. | 0.31% | 2,023,089 | $265.4M | Reduce -1.7% |
| ACN Accenture PLC Class A | 0.31% | 1,062,134 | $261.9M | Reduce -3.2% |
| CSCO Cisco Systems Inc. | 0.31% | 3,822,622 | $261.5M | Reduce -1.9% |
| BLK BlackRock Inc. | 0.29% | 210,305 | $245.2M | Reduce -0.9% |
| CAT Caterpillar Inc. | 0.29% | 506,048 | $241.5M | Reduce -2.4% |
| PEP Pepsico Inc. | 0.28% | 1,661,446 | $233.3M | Reduce -3.3% |
| IWP iShares Russell Mid-Cap Grow | 0.26% | 1,567,496 | $223.2M | Reduce -0.3% |
| SCHW Schwab (charles) Corp. | 0.26% | 2,299,785 | $219.6M | Reduce -2.8% |
| NEE Nextera Energy Inc. | 0.26% | 2,880,333 | $217.4M | Reduce -1.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.26% | 6,510,778 | $217.3M | Add +89.0% |
| QCOM Qualcomm Inc. | 0.24% | 1,238,180 | $206.0M | Reduce -1.8% |
| VXF Vanguard Extended Market ETF | 0.24% | 982,935 | $205.8M | Reduce -1.5% |
| WFC Wells Fargo & Co. | 0.23% | 2,338,603 | $196.0M | Add +3.0% |
| AMGN Amgen Inc. | 0.23% | 687,451 | $194.0M | Reduce -3.1% |
| NOW ServiceNow Inc. | 0.23% | 209,179 | $192.5M | Add +3.9% |
| AMD Advanced Micro Devices | 0.22% | 1,170,332 | $189.3M | Add +3.1% |
| AMT American Tower Corp. | 0.22% | 976,111 | $187.7M | Reduce -3.9% |
| UNP Union Pacific Corp. | 0.22% | 779,481 | $184.2M | Reduce -1.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.22% | 3,656,306 | $183.1M | Reduce -7.3% |
| HON Honeywell International Inc. | 0.21% | 847,904 | $178.5M | Reduce -2.7% |
| EEM iShares MSCI Emerging Market | 0.21% | 3,307,293 | $176.6M | Reduce -0.0% |
| USRT iShares Core US REIT ETF | 0.20% | 2,850,324 | $167.4M | Reduce -0.1% |
| CB Chubb Ltd. | 0.20% | 584,432 | $165.0M | Reduce -3.1% |
| TSLA Tesla Inc. | 0.19% | 367,132 | $163.3M | Add +3.0% |
| MU Micron Technology Inc. | 0.19% | 967,728 | $161.9M | Add +4.5% |
| DVY iShares Select Dividend ETF | 0.19% | 1,130,142 | $160.6M | Reduce -0.7% |
| NFLX Netflix Inc. | 0.19% | 133,279 | $159.8M | Add +1.2% |
| ADP Automatic Data Processing | 0.19% | 544,360 | $159.8M | Reduce -1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.19% | 840,174 | $156.7M | Reduce -5.0% |
| LIN Linde PLC | 0.19% | 329,481 | $156.5M | Reduce -1.3% |
| IWD iShares Russell 1000 Value E | 0.19% | 768,594 | $156.5M | Reduce -9.1% |
| RTX RTX Corp. | 0.18% | 922,820 | $154.4M | Reduce -0.4% |
| AXP American Express Co. | 0.18% | 460,911 | $153.1M | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 538,036 | $151.8M | Reduce -0.2% |
Options reported separately and not counted above: LLY puts ($6.2M), EMR puts ($56K), TSLA calls ($51K), NVDA calls ($23K), SPY puts ($15K), MSFT puts ($13K), ADP puts ($13K), MMM puts ($10K), JPM puts ($8K), LOW puts ($8K), EFA puts ($3K), NAIL calls ($3K), and 3 more.
Other holdings (43): bonds, preferreds, convertibles and warrants · $2.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 910 | $1.1M | Add +12.3% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 868 | $1.1M | Add +12.9% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,321 | $59K | Add +14.3% |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 25,000 | $22K | No change |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 356 | $17K | New |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 300 | $12K | New |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 5,000 | $8K | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 5,000 | $7K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 5,000 | $7K | 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 |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 85 | $6K | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 6,000 | $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 |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 4,000 | $6K | No change |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 5,000 | $5K | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 5,000 | $5K | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · 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 |
| 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 |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · 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 |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 5,000 | $5K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · 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 |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 50 | $3K | New |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 4,000 | $3K | No change |
| ALNYLAM PHARMACEUTICALS (ALNY 1 09/15/27) | NOTE 1.000% 9/1 · principal | 2,000 | $3K | No change |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 3,000 | $3K | No change |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · 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 |
| 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 | $511 | No change |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 33 | $408 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 4 | $387 | No change |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 2,078 | $162 | Reduce -70.2% |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | 1,000 | $97 | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 1 | $3 | No change |
Total filed on the 13F, all lines: $84.4B.
Portfolio Sells Q2 2025 → Q3 2025
| AGG iShares Core U.S. Aggregate | Reduce -3.7% | 5.03% | −0.46 |
| MUB iShares National Muni Bond E | Reduce -27.9% | 0.67% | −0.30 |
| MSFT Microsoft Corp. | Reduce -1.5% | 3.34% | −0.12 |
| ACN Accenture PLC Class A | Reduce -3.2% | 0.31% | −0.10 |
| PG The Procter & Gamble Co. | Reduce -4.3% | 0.67% | −0.10 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -54.6% | 0.07% | −0.10 |
| AMZN Amazon.com Inc. | Reduce -0.0% | 1.50% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -1.3% | 0.56% | −0.09 |
| ADBE Adobe Inc. | Reduce -33.4% | 0.09% | −0.07 |
| V Visa Inc. Class A | Reduce -4.7% | 0.39% | −0.06 |
| AMT American Tower Corp. | Reduce -3.9% | 0.22% | −0.06 |
| IVE iShares S&P 500 Value ETF | Reduce -36.6% | 0.10% | −0.06 |
| IVW iShares S&P 500 Growth ETF | Reduce -30.1% | 0.14% | −0.05 |
| IWR iShares Russell Mid-Cap ETF | Reduce -2.0% | 1.56% | −0.05 |
| KO The Coca-Cola Co. | Reduce -1.6% | 0.33% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -5.6% | 0.17% | −0.05 |
| HON Honeywell International Inc. | Reduce -2.7% | 0.21% | −0.04 |
| HUN Huntsman Corp. | Reduce -99.5% | 0.00% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.3% | 0.45% | −0.04 |
| TGT Target Corp. | Reduce -7.7% | 0.15% | −0.04 |
| TTD Trade Desk Inc./the Class A | Reduce -1.8% | 0.06% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -1.2% | 0.59% | −0.04 |
| TDG Transdigm Group Inc. | Reduce -0.6% | 0.15% | −0.04 |
| MMM 3M Co. | Reduce -4.2% | 0.40% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.4% | 3.40% | −0.03 |
| DE Deere & Co. | Reduce -5.1% | 0.13% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -9.3% | 0.52% | −0.03 |
| CRM Salesforce Inc. | Reduce -4.6% | 0.11% | −0.03 |
| EMR Emerson Electric Co. | Reduce -1.7% | 0.31% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -1.9% | 0.31% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -10.3% | 0.18% | −0.03 |
| UPS United Parcel Service Class B | Reduce -19.9% | 0.04% | −0.03 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -7.3% | 0.22% | −0.03 |
| PM Philip Morris International | Reduce -1.0% | 0.13% | −0.03 |
| ADP Automatic Data Processing | Reduce -1.8% | 0.19% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -9.6% | 0.08% | −0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 0.77% | −0.03 |
| CB Chubb Ltd. | Reduce -3.1% | 0.20% | −0.02 |
| SPGI S&P Global Inc. | Reduce -0.3% | 0.15% | −0.02 |
| WMT Walmart Inc. | Reduce -2.3% | 0.70% | −0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -0.1% | 0.80% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -9.1% | 0.19% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -0.7% | 0.14% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -0.2% | 0.18% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -0.7% | 0.82% | −0.02 |
| DIS The Walt Disney Co. | Reduce -0.4% | 0.13% | −0.02 |
| AMGN Amgen Inc. | Reduce -3.1% | 0.23% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -1.7% | 0.71% | −0.02 |
| SLB SLB Ltd. | Reduce -27.5% | 0.04% | −0.02 |
| GWW WW Grainger Inc. | Reduce -0.6% | 0.11% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| SCHP Schwab U.S. Tips ETF | Add +899.8% | 0.52% | +0.46 |
| GOOGL Alphabet Inc. Class A | Add +0.1% | 1.76% | +0.40 |
| VT Vanguard Tot World STK ETF | Add +43.5% | 0.65% | +0.20 |
| NVDA Nvidia Corp. | Add +0.8% | 1.78% | +0.19 |
| IVV iShares Core S&P 500 ETF | Add +2.2% | 4.78% | +0.17 |
| IXUS iShares Core Intl Stock ETF | Add +18.9% | 0.79% | +0.13 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +89.0% | 0.26% | +0.13 |
| IEMG iShares Core MSCI Emerging | Add +2.5% | 2.22% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +8.7% | 1.61% | +0.11 |
| VTWO Vanguard Russell 2000 ETF | Add +7.9% | 0.57% | +0.07 |
| IEFA iShares Core MSCI Eafe ETF | Add +3.1% | 3.67% | +0.05 |
| TSLA Tesla Inc. | Add +3.0% | 0.19% | +0.05 |
| MU Micron Technology Inc. | Add +4.5% | 0.19% | +0.05 |
| IWB iShares Russell 1000 ETF | Add +13.9% | 0.33% | +0.04 |
| GLD SPDR Gold Shares | Add +3.9% | 0.34% | +0.04 |
| IWO iShares Russell 2000 Growth | Add +58.9% | 0.10% | +0.04 |
| EFV iShares MSCI Eafe Value ETF | Add +2.8% | 1.13% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.5% | 0.98% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +8.3% | 0.10% | +0.03 |
| LEN Lennar Corp. Class A | Add +896.5% | 0.03% | +0.02 |
| AMD Advanced Micro Devices | Add +3.1% | 0.22% | +0.02 |
| BKR Baker Hughes Co. | Add +112.5% | 0.04% | +0.02 |
| OEF iShares S&P 100 ETF | Add +53.7% | 0.06% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +2.3% | 0.13% | +0.02 |
| AMLP Alerian MLP ETF | Add +57.6% | 0.07% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +4.7% | 0.13% | +0.02 |
| GLDM SPDR Gold Minishares Trust | Add +23.8% | 0.07% | +0.02 |
| CART Maplebear Inc. | Add +3456.4% | 0.02% | +0.02 |
| TLN Talen Energy Corp. | Add +4.6% | 0.05% | +0.02 |
| CMG Chipotle Mexican Grill Inc. | Add +350.0% | 0.02% | +0.01 |
| GLW Corning Inc. | Add +6.1% | 0.04% | +0.01 |
| LNG Cheniere Energy Inc. | Add +66.5% | 0.04% | +0.01 |
| BAI Ishrs AI in and Tech Act ETF | Add +153.0% | 0.02% | +0.01 |
| TJX TJX Companies Inc. | Add +1.9% | 0.11% | +0.01 |
| FDX FedEx Corp. | Add +44.0% | 0.04% | +0.01 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +23.3% | 0.06% | +0.01 |
| ANET Arista Networks Inc. | Add +13.3% | 0.03% | +0.01 |
| SCHF Schwab Intl Equity ETF | Add +3.6% | 0.39% | +0.01 |
| ITA iShares U.S. Aerospace & Def | Add +387.3% | 0.01% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.2% | 0.36% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.1% | 0.17% | +0.01 |
| IGF iShares Global Infrastructur | Add +10.0% | 0.14% | +0.01 |
| IAU iShares Gold Trust | Add +20.8% | 0.04% | +0.01 |
| OKTA Okta Inc. | Add +36.0% | 0.06% | +0.01 |
| PNC PNC Financial Services Group | Add +13.4% | 0.07% | +0.01 |
| ISRG Intuitive Surgical Inc. | Add +46.5% | 0.07% | +0.01 |
| WDAY Workday Inc. Class A | Add +36.1% | 0.04% | +0.01 |
| ETN Eaton Corp. PLC | Add +6.2% | 0.17% | +0.01 |
| GEV GE Vernova Inc. | Add +2.2% | 0.07% | +0.01 |
| WDC Western Digital Corp. | Add +29.5% | 0.01% | +0.01 |
Options Activity Q2 2025 → Q3 2025
| TSLA Tesla Inc. | call | New | 5 | $51K |
| NVDA Nvidia Corp. | call | New | 11 | $23K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -96.4% | 40 | $15K |
| QQQ Invesco QQQ Trust Series 1 | put | Sold out | 45 | $14Kbefore exit |
| MMM 3M Co. | put | Reduce -82.3% | 27 | $10K |
| NAIL Dire Dail HB & SB 3X ETF-Usd | call | New | 2 | $3K |
| BOX Box Inc. Class A | put | Sold out | 50 | $500before exit |
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
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +12.3% | 910 | $1.1M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +12.9% | 868 | $1.1M |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +14.3% | 2,321 | $59K |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | New | 356 | $17K |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | New | 300 | $12K |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Sold out | 3,000 | $12Kbefore exit |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | Sold out | 8,000 | $7Kbefore exit |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Sold out | 7,000 | $7Kbefore exit |
| INTEGRA LIFESCIENCES HLD (IART 0.5 08/15/25) | NOTE 0.500% 8/1 · principal | Sold out | 5,000 | $5Kbefore exit |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Sold out | 5,000 | $5Kbefore exit |
| SNAP INC (SNAP 0 05/01/27) | NOTE 5/0 · principal | Sold out | 5,000 | $5Kbefore exit |
| NCL CORPORATION LTD (NCLH 5.375 08/01/25) | NOTE 5.375% 8/0 · principal | Sold out | 4,000 | $4Kbefore exit |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | New | 50 | $3K |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | Sold out | 3,000 | $3Kbefore exit |
| CORZZ Core Scientific Inc. - 29 | *W EXP 01/23/202 | Sold out | 137 | $2Kbefore exit |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Sold out | 164 | $2Kbefore exit |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Reduce -70.2% | 2,078 | $162 |
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 |