US Bancorp \de
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 30, 2026), US Bancorp \de reported 3,976 stock positions worth $85.3 billion. Its top holding was Schwab US Large-Cap ETF (SCHX) at 6.3% of the portfolio, followed by iShares Core U.S. Aggregate (AGG, 5.0%) and iShares Core S&P 500 ETF (IVV, 4.6%). Compared with Q3 2025, it opened 230 new positions, sold out of 196, added to 1,304 and reduced 1,697. The biggest buy was iShares Core Intl Stock ETF (IXUS, shares +40%) and the biggest sale Schwab U.S. Tips ETF (SCHP, shares −61%).
- Most Recent 13F
- Q2 2026
- Location
- MINNEAPOLIS, MN
- CIK
- 0000036104
- Portfolio Value
- $85.3B (Q4 2025)
- SEC Filing
- 0000036104-26-000007 ↗ filed Jan 30, 2026
Holdings Value
Holdings 3,976 stocks · $85.3B
| SCHX Schwab US Large-Cap ETF | 6.34% | 201,085,961 | $5.4B | Reduce -2.2% |
| AGG iShares Core U.S. Aggregate | 5.01% | 42,844,111 | $4.3B | Add +1.2% |
| IVV iShares Core S&P 500 ETF | 4.60% | 5,727,682 | $3.9B | Reduce -4.9% |
| IEFA iShares Core MSCI Eafe ETF | 3.68% | 35,119,123 | $3.1B | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.39% | 4,243,742 | $2.9B | Reduce -1.5% |
| AAPL Apple Inc. | 3.28% | 10,284,947 | $2.8B | Reduce -1.5% |
| MSFT Microsoft Corp. | 3.06% | 5,405,764 | $2.6B | Reduce -0.6% |
| IEMG iShares Core MSCI Emerging | 2.28% | 28,941,277 | $1.9B | Add +1.9% |
| GOOGL Alphabet Inc. Class A | 2.21% | 6,031,952 | $1.9B | Reduce -1.0% |
| NVDA Nvidia Corp. | 1.75% | 8,016,470 | $1.5B | Reduce -0.4% |
| LLY Eli Lilly & Co. | 1.73% | 1,370,129 | $1.5B | Reduce -0.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.72% | 5,044,044 | $1.5B | Add +9.4% |
| AMZN Amazon.com Inc. | 1.56% | 5,779,623 | $1.3B | Add +0.4% |
| IWR iShares Russell Mid-Cap ETF | 1.46% | 12,928,971 | $1.2B | Reduce -5.2% |
| JPM JPMorgan Chase & Co. | 1.35% | 3,584,075 | $1.2B | Reduce -2.0% |
| EFV iShares MSCI Eafe Value ETF | 1.19% | 14,206,660 | $1.0B | Add +1.5% |
| IXUS iShares Core Intl Stock ETF | 1.12% | 11,314,184 | $957.6M | Add +40.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.98% | 1,366,550 | $839.5M | Reduce -0.8% |
| VEA Vanguard Ftse Developed ETF | 0.84% | 11,411,762 | $712.9M | Reduce -1.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.82% | 2,079,574 | $697.2M | Reduce -0.9% |
| EFA iShares MSCI Eafe ETF | 0.81% | 7,186,981 | $690.2M | Reduce -2.9% |
| SCHH Schwab US REIT ETF | 0.80% | 32,751,460 | $684.2M | Add +2.1% |
| META Meta Platforms Inc. Class A | 0.78% | 1,012,763 | $668.5M | Add +6.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.76% | 859 | $648.4M | Reduce -4.6% |
| WMT Walmart Inc. | 0.73% | 5,601,651 | $624.1M | Reduce -2.4% |
| VT Vanguard Tot World STK ETF | 0.70% | 4,237,931 | $597.8M | Add +6.6% |
| GOOG Alphabet Inc. Class C | 0.70% | 1,902,067 | $596.9M | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.69% | 1,177,551 | $591.9M | Reduce -9.0% |
| MDY State Street SPDR S&P Midcap | 0.69% | 980,650 | $591.6M | Reduce -1.8% |
| IJR iShares Core S&P Small-Cap E | 0.69% | 4,898,843 | $588.7M | Reduce -1.4% |
| IWM iShares Russell 2000 ETF | 0.67% | 2,309,585 | $568.5M | Reduce -11.3% |
| MUB iShares National Muni Bond E | 0.66% | 5,229,521 | $560.1M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.63% | 2,358,212 | $538.8M | Reduce -1.8% |
| VTWO Vanguard Russell 2000 ETF | 0.61% | 5,260,478 | $523.5M | Add +7.3% |
| JNJ Johnson & Johnson | 0.60% | 2,489,519 | $515.2M | Reduce -1.7% |
| PG The Procter & Gamble Co. | 0.60% | 3,556,370 | $509.7M | Reduce -3.2% |
| MA Mastercard Inc. Class A | 0.59% | 881,164 | $503.0M | Add +0.3% |
| HD Home Depot Inc. | 0.55% | 1,365,629 | $469.9M | Reduce -2.3% |
| IWF iShares Russell 1000 Growth | 0.54% | 978,071 | $462.9M | Add +3.9% |
| VNQ Vanguard Real Estate ETF | 0.53% | 5,128,192 | $453.8M | Reduce -0.9% |
| COST Costco Wholesale Corp. | 0.52% | 517,948 | $446.7M | Add +0.7% |
| AVGO Broadcom Inc. | 0.51% | 1,258,662 | $435.6M | Add +0.9% |
| XOM Exxon Mobil Corp. | 0.48% | 3,389,754 | $407.9M | Reduce -1.4% |
| VWO Vanguard Ftse Emerging Marke | 0.47% | 7,491,430 | $402.7M | Add +0.4% |
| XLK SS Technology Select Sector | 0.46% | 2,754,722 | $396.6M | Reduce -1.3% |
| PCAR Paccar Inc. | 0.46% | 3,604,281 | $394.7M | Add +0.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 7,095,289 | $390.2M | Reduce -2.2% |
| USB US Bancorp | 0.44% | 7,095,051 | $378.6M | Reduce -1.4% |
| MMM 3M Co. | 0.42% | 2,248,446 | $360.0M | Add +4.5% |
| ABT Abbott Laboratories | 0.41% | 2,779,141 | $348.2M | Reduce -1.9% |
| UNH Unitedhealth Group Inc. | 0.40% | 1,039,878 | $343.3M | Add +1.4% |
| IJH iShares Core S&P Midcap ETF | 0.39% | 5,088,696 | $335.9M | Reduce -1.7% |
| SCHF Schwab Intl Equity ETF | 0.39% | 13,933,424 | $335.0M | Reduce -0.7% |
| V Visa Inc. Class A | 0.39% | 949,685 | $333.1M | Reduce -0.6% |
| GLD SPDR Gold Shares | 0.39% | 833,104 | $330.2M | Add +4.5% |
| CVX Chevron Corp. | 0.38% | 2,133,479 | $325.2M | Reduce -1.5% |
| VOO Vanguard S&P 500 ETF | 0.36% | 491,976 | $308.5M | Reduce -1.9% |
| ORCL Oracle Corp. | 0.36% | 1,573,278 | $306.6M | Reduce -1.3% |
| IWS iShares Russell Mid-Cap Valu | 0.35% | 2,089,915 | $294.8M | Reduce -4.5% |
| KO The Coca-Cola Co. | 0.34% | 4,156,858 | $290.6M | Reduce -1.2% |
| IWB iShares Russell 1000 ETF | 0.34% | 775,933 | $289.8M | Add +3.3% |
| CSCO Cisco Systems Inc. | 0.34% | 3,754,419 | $289.2M | Reduce -1.8% |
| MCD McDonald's Corp. | 0.33% | 921,978 | $281.8M | Reduce -2.6% |
| CAT Caterpillar Inc. | 0.33% | 490,854 | $281.2M | Reduce -3.0% |
| ECL Ecolab Inc. | 0.33% | 1,061,489 | $278.7M | Add +4.3% |
| MPC Marathon Petroleum Corp. | 0.31% | 1,607,011 | $261.3M | Reduce -2.9% |
| MU Micron Technology Inc. | 0.31% | 914,092 | $260.9M | Reduce -5.5% |
| EMR Emerson Electric Co. | 0.30% | 1,960,158 | $260.2M | Reduce -3.1% |
| ACN Accenture PLC Class A | 0.30% | 961,922 | $258.1M | Reduce -9.4% |
| PANW Palo Alto Networks Inc. | 0.30% | 1,371,066 | $252.6M | Add +0.5% |
| AMD Advanced Micro Devices | 0.28% | 1,125,865 | $241.1M | Reduce -3.8% |
| WFC Wells Fargo & Co. | 0.27% | 2,499,475 | $233.0M | Add +6.9% |
| PEP Pepsico Inc. | 0.27% | 1,604,726 | $230.3M | Reduce -3.4% |
| SCHW Schwab (charles) Corp. | 0.27% | 2,294,369 | $229.2M | Reduce -0.2% |
| NEE Nextera Energy Inc. | 0.26% | 2,783,743 | $223.5M | Reduce -3.4% |
| BLK BlackRock Inc. | 0.26% | 207,862 | $222.5M | Reduce -1.2% |
| AMGN Amgen Inc. | 0.26% | 668,068 | $218.7M | Reduce -2.8% |
| IWP iShares Russell Mid-Cap Grow | 0.25% | 1,584,378 | $217.0M | Add +1.1% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.25% | 6,543,475 | $214.3M | Add +0.5% |
| QCOM Qualcomm Inc. | 0.24% | 1,207,914 | $206.6M | Reduce -2.4% |
| CB Chubb Ltd. | 0.21% | 572,278 | $178.6M | Reduce -2.1% |
| EEM iShares MSCI Emerging Market | 0.21% | 3,248,348 | $177.7M | Reduce -1.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.21% | 3,508,879 | $176.5M | Reduce -4.0% |
| VXF Vanguard Extended Market ETF | 0.21% | 840,415 | $175.7M | Reduce -14.5% |
| UNP Union Pacific Corp. | 0.21% | 758,943 | $175.6M | Reduce -2.6% |
| IWD iShares Russell 1000 Value E | 0.20% | 824,090 | $173.3M | Add +7.2% |
| AXP American Express Co. | 0.20% | 459,206 | $169.9M | Reduce -0.4% |
| SCHP Schwab U.S. Tips ETF | 0.20% | 6,404,227 | $169.6M | Reduce -60.6% |
| RTX RTX Corp. | 0.20% | 923,047 | $169.3M | Add +0.0% |
| TSLA Tesla Inc. | 0.20% | 374,402 | $168.4M | Add +2.0% |
| MRK Merck & Co. Inc. | 0.20% | 1,580,821 | $166.4M | Reduce -3.2% |
| HON Honeywell International Inc. | 0.19% | 822,333 | $160.4M | Reduce -3.0% |
| USRT iShares Core US REIT ETF | 0.19% | 2,811,846 | $160.2M | Reduce -1.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 540,528 | $160.1M | Add +0.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.19% | 831,903 | $158.9M | Reduce -1.0% |
| NOW ServiceNow Inc. | 0.19% | 1,036,435 | $158.8M | Reduce -0.9% |
| DVY iShares Select Dividend ETF | 0.18% | 1,111,508 | $156.9M | Reduce -1.6% |
| SPHY SS SPDR P High Yield ETF | 0.18% | 6,510,583 | $154.1M | Add +14.8% |
| AMT American Tower Corp. | 0.18% | 877,243 | $154.0M | Reduce -10.1% |
| AMAT Applied Materials Inc. | 0.18% | 593,397 | $152.5M | Reduce -4.0% |
Options reported separately and not counted above: AAPL puts ($92K), RSP puts ($55K), NVDA calls ($51K), ADP puts ($40K), SPY puts ($27K), LLY puts ($7K), PPLT calls ($3K), NAIL calls ($3K), MMM puts ($2K), BOX puts ($1K), EMR puts ($441), MSFT puts ($403), and 5 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 | 905 | $1.1M | Reduce -0.6% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 829 | $1.0M | Reduce -4.5% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 2,856 | $135K | Add +702.3% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,158 | $42K | Reduce -7.0% |
| 8X8 INC (EGHT 4 02/01/28) | NOTE 4.000% 2/0 · principal | 25,000 | $22K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 5,000 | $19K | No change |
| PG&E CORP (PCG 6 12/01/27 A) | PFD CONV SER A | 300 | $12K | No change |
| READY CAPITAL CORP (RC 6.25 PERP C) | 6.25 CNV PFD C | 750 | $10K | New |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 5,000 | $8K | No change |
| HALOZYME THERAPEUTICS IN (HALO 1 08/15/28) | NOTE 1.000% 8/1 · principal | 5,000 | $7K | No change |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 85 | $6K | No change |
| HAEMONETICS CORP (HAE 0 03/01/26) | NOTE 3/0 · principal | 6,000 | $6K | No change |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 6,000 | $6K | No change |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 5,000 | $5K | No change |
| VAIL RESORTS INC (MTN 0 01/01/26) | NOTE 1/0 · principal | 5,000 | $5K | No change |
| DROPBOX INC (DBX 0 03/01/26) | NOTE 3/0 · principal | 5,000 | $5K | No change |
| ENPHASE ENERGY INC (ENPH 0 03/01/26) | NOTE 3/0 · 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 |
| 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 |
| 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 |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · 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 |
| MGP INGREDIENTS INC (MGPI 1.875 11/15/41) | NOTE 1.875%11/1 · 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 |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 4,000 | $4K | No change |
| BOEING CO/THE (BA 6 10/15/27) | DEP CONV PFD A | 50 | $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 |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | 2,000 | $3K | No change |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 1,000 | $3K | Reduce -24.4% |
| RIVIAN AUTO INC (RIVN 4.625 03/15/29) | NOTE 4.625% 3/1 · principal | 2,000 | $3K | No change |
| LIBERTY MEDIA CORP (FWONK 2.25 08/15/27) | NOTE 2.250% 8/1 · principal | 1,000 | $1K | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 331 | $996 | Reduce -1.1% |
| CVE.WS Cenovus Energy Inc. -CW26 | *W EXP 01/01/202 | 33 | $407 | No change |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | 4 | $399 | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 185 | $167 | Reduce -25.9% |
| ORGNW Origin Materials -CW26 | *W EXP 06/25/202 | 35,000 | $165 | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 183 | $95 | New |
| BFRIW Biofrontera Inc. -CW26 | *W EXP 10/27/202 | 1,000 | $90 | No change |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 183 | $73 | New |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 1 | $2 | No change |
Total filed on the 13F, all lines: $85.3B.
Portfolio Sells Q3 2025 → Q4 2025
| SCHP Schwab U.S. Tips ETF | Reduce -60.6% | 0.20% | −0.32 |
| MSFT Microsoft Corp. | Reduce -0.6% | 3.06% | −0.27 |
| IVV iShares Core S&P 500 ETF | Reduce -4.9% | 4.60% | −0.18 |
| ORCL Oracle Corp. | Reduce -1.3% | 0.36% | −0.17 |
| HD Home Depot Inc. | Reduce -2.3% | 0.55% | −0.12 |
| IWR iShares Russell Mid-Cap ETF | Reduce -5.2% | 1.46% | −0.10 |
| IWM iShares Russell 2000 ETF | Reduce -11.3% | 0.67% | −0.08 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.2% | 6.34% | −0.08 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -9.0% | 0.69% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -3.2% | 0.60% | −0.07 |
| MPC Marathon Petroleum Corp. | Reduce -2.9% | 0.31% | −0.07 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -4.6% | 0.76% | −0.04 |
| TLH iShares 10-20 Year Treasury | Reduce -31.2% | 0.09% | −0.04 |
| NOW ServiceNow Inc. | Reduce -0.9% | 0.19% | −0.04 |
| AMT American Tower Corp. | Reduce -10.1% | 0.18% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.41% | −0.04 |
| TTD Trade Desk Inc./the Class A | Reduce -52.0% | 0.02% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -62.6% | 0.02% | −0.04 |
| VXF Vanguard Extended Market ETF | Reduce -14.5% | 0.21% | −0.04 |
| IWO iShares Russell 2000 Growth | Reduce -38.1% | 0.06% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -4.3% | 0.14% | −0.04 |
| CPRT Copart Inc. | Reduce -35.4% | 0.04% | −0.03 |
| BLK BlackRock Inc. | Reduce -1.2% | 0.26% | −0.03 |
| ADBE Adobe Inc. | Reduce -29.7% | 0.07% | −0.03 |
| VNQ Vanguard Real Estate ETF | Reduce -0.9% | 0.53% | −0.03 |
| ADP Automatic Data Processing | Reduce -2.3% | 0.16% | −0.03 |
| NVDA Nvidia Corp. | Reduce -0.4% | 1.75% | −0.03 |
| ABBV Abbvie Inc. | Reduce -1.8% | 0.63% | −0.03 |
| DKNG Draftkings Inc. Class A | Reduce -61.9% | 0.01% | −0.03 |
| LIN Linde PLC | Reduce -3.1% | 0.16% | −0.03 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -72.8% | 0.01% | −0.03 |
| XYZ Block Inc. | Reduce -62.0% | 0.01% | −0.02 |
| HON Honeywell International Inc. | Reduce -3.0% | 0.19% | −0.02 |
| FISV Fiserv Inc. | Reduce -16.1% | 0.02% | −0.02 |
| TGT Target Corp. | Reduce -20.7% | 0.13% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -24.9% | 0.07% | −0.02 |
| MDLZ Mondelez International Inc. Class A | Reduce -12.0% | 0.06% | −0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -18.8% | 0.06% | −0.02 |
| CVX Chevron Corp. | Reduce -1.5% | 0.38% | −0.02 |
| IWS iShares Russell Mid-Cap Valu | Reduce -4.5% | 0.35% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -3.5% | 0.15% | −0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -35.0% | 0.03% | −0.02 |
| IBMN iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.02 |
| SE Sea Ltd.-ADR | Reduce -25.1% | 0.02% | −0.02 |
| VEEV Veeva Systems Inc. Class A | Reduce -2.4% | 0.04% | −0.01 |
| MSI Motorola Solutions Inc. | Reduce -3.1% | 0.06% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Reduce -10.0% | 0.12% | −0.01 |
| VZ Verizon Communications Inc. | Reduce -7.0% | 0.08% | −0.01 |
| JPM JPMorgan Chase & Co. | Reduce -2.0% | 1.35% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| IXUS iShares Core Intl Stock ETF | Add +40.2% | 1.12% | +0.33 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +9.4% | 1.72% | +0.11 |
| AMZN Amazon.com Inc. | Add +0.4% | 1.56% | +0.06 |
| EFV iShares MSCI Eafe Value ETF | Add +1.5% | 1.19% | +0.06 |
| IEMG iShares Core MSCI Emerging | Add +1.9% | 2.28% | +0.06 |
| VT Vanguard Tot World STK ETF | Add +6.6% | 0.70% | +0.05 |
| GLD SPDR Gold Shares | Add +4.5% | 0.39% | +0.05 |
| VTWO Vanguard Russell 2000 ETF | Add +7.3% | 0.61% | +0.05 |
| PCAR Paccar Inc. | Add +0.0% | 0.46% | +0.04 |
| WFC Wells Fargo & Co. | Add +6.9% | 0.27% | +0.04 |
| COF Capital One Financial Corp. | Add +114.7% | 0.06% | +0.04 |
| BND Vanguard Total Bond Market | Add +69.7% | 0.09% | +0.04 |
| IGF iShares Global Infrastructur | Add +23.2% | 0.17% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +13.0% | 0.10% | +0.03 |
| MMM 3M Co. | Add +4.5% | 0.42% | +0.03 |
| GLDM SPDR Gold Minishares Trust | Add +23.3% | 0.09% | +0.02 |
| DHR Danaher Corp. | Add +2.7% | 0.16% | +0.02 |
| AVGO Broadcom Inc. | Add +0.9% | 0.51% | +0.02 |
| IVE iShares S&P 500 Value ETF | Add +19.4% | 0.12% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +3.9% | 0.54% | +0.02 |
| SPHY SS SPDR P High Yield ETF | Add +14.8% | 0.18% | +0.02 |
| SPGI S&P Global Inc. | Add +5.8% | 0.17% | +0.02 |
| IWD iShares Russell 1000 Value E | Add +7.2% | 0.20% | +0.02 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +44.7% | 0.06% | +0.02 |
| RTX RTX Corp. | Add +0.0% | 0.20% | +0.02 |
| IWB iShares Russell 1000 ETF | Add +3.3% | 0.34% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +12.8% | 0.07% | +0.01 |
| GILD Gilead Sciences Inc. | Add +1.1% | 0.12% | +0.01 |
| POCT Innovator U.S. Equity Power | Add +5371.9% | 0.01% | +0.01 |
| AMLP Alerian MLP ETF | Add +17.7% | 0.08% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +11.2% | 0.10% | +0.01 |
| CMS CMS Energy Corp. | Add +64.9% | 0.03% | +0.01 |
| IBIT iShares Bitcoin Trust ETF | Add +79.7% | 0.04% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 0.14% | +0.01 |
| DELL Dell Technologies -C | Add +174.7% | 0.02% | +0.01 |
| FDX FedEx Corp. | Add +0.1% | 0.05% | +0.01 |
| IDV iShares International Select | Add +2.4% | 0.09% | +0.01 |
| IBM Intl Business Machines Corp. | Add +0.5% | 0.19% | +0.01 |
| OKTA Okta Inc. | Add +20.8% | 0.07% | +0.01 |
| MTUM iShares MSCI USA Momentum Fa | Add +34.7% | 0.03% | +0.01 |
| CART Maplebear Inc. | Add +17.0% | 0.02% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +5.8% | 0.10% | +0.01 |
| AZN Astrazeneca PLC-Spons ADR | Add +7.0% | 0.03% | +0.01 |
| CTRA Coterra Energy Inc. | Add +0.2% | 0.06% | +0.01 |
| CMG Chipotle Mexican Grill Inc. | Add +33.4% | 0.03% | +0.01 |
| MAR Marriott International Class A | Add +1.1% | 0.03% | +0.01 |
| GSK GSK PLC-Spon ADR | Add +54.0% | 0.01% | +0.01 |
| IOCT Innovator Int Dev Power Buff | Add +7408.9% | 0.01% | +0.01 |
| CAH Cardinal Health Inc. | Add +32.4% | 0.01% | +0.01 |
| BA The Boeing Co. | Add +8.1% | 0.07% | +0.01 |
Options Activity Q3 2025 → Q4 2025
| AAPL Apple Inc. | put | Add +200.0% | 90 | $92K |
| RSP Invesco S&P 500 Equal Weight | put | New | 5,815 | $55K |
| NVDA Nvidia Corp. | call | Add +127.3% | 25 | $51K |
| TSLA Tesla Inc. | call | Sold out | 5 | $51Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +22.5% | 49 | $27K |
| PPLT Abrdn Physical Platinum SHRS | call | New | 2 | $3K |
| NAIL Dire Dail HB & SB 3X ETF-Usd | call | Add +200.0% | 6 | $3K |
| BOX Box Inc. Class A | put | New | 50 | $1K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.6% | 905 | $1.1M |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -4.5% | 829 | $1.0M |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Add +702.3% | 2,856 | $135K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -7.0% | 2,158 | $42K |
| READY CAPITAL CORP (RC 6.25 PERP C) | 6.25 CNV PFD C | New | 750 | $10K |
| LIVE NATION ENTERTAINMEN (LYV 3.125 01/15/29) | NOTE 3.125% 1/1 · principal | Sold out | 4,000 | $6Kbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 5,000 | $6Kbefore exit |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 5,000 | $5Kbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0 12/15/25) | NOTE 12/1 · principal | Sold out | 4,000 | $4Kbefore exit |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Reduce -24.4% | 1,000 | $3K |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | Reduce -1.1% | 331 | $996 |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -25.9% | 185 | $167 |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 2,078 | $162before exit |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 183 | $95 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 183 | $73 |
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 |