Valeo Financial Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed September 12, 2025), Valeo Financial Advisors, LLC reported 749 stock positions worth $4.1 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 14.4% of the portfolio, followed by iShares Core S&P Small-Cap E (IJR, 6.0%) and iShares Core S&P Midcap ETF (IJH, 5.5%). Compared with Q1 2025, it opened 109 new positions, sold out of 34, added to 409 and reduced 198. The biggest buy was Nvidia (NVDA, shares +10%) and the biggest sale Apple (AAPL, shares −21%).
- Most Recent 13F
- Q2 2026
- Location
- CARMEL, IN
- CIK
- 0001722641
- Portfolio Value
- $4.1B (Q2 2025)
- SEC Filing
- 0001722641-25-000005 ↗ filed Sep 12, 2025
Holdings Value
Holdings 749 stocks · $4.1B
| SPY SS SPDR S&P 500 ETF Trust-US | 14.36% | 996,307 | $583.9M | Add +4.9% |
| IJR iShares Core S&P Small-Cap E | 6.04% | 2,267,439 | $245.6M | Add +2.1% |
| IJH iShares Core S&P Midcap ETF | 5.54% | 3,632,757 | $225.0M | Add +4.6% |
| IEMG iShares Core MSCI Emerging | 4.29% | 2,908,007 | $174.6M | Add +2.1% |
| IVV iShares Core S&P 500 ETF | 3.42% | 223,578 | $138.8M | Add +8.3% |
| AAPL Apple Inc. | 3.06% | 606,903 | $124.5M | Reduce -21.0% |
| RSP Invesco S&P 500 Equal Weight | 2.86% | 719,108 | $116.1M | Add +10.5% |
| LLY Eli Lilly & Co. | 2.67% | 139,216 | $108.5M | Reduce -14.5% |
| MSFT Microsoft Corp. | 2.57% | 209,782 | $104.3M | Reduce -23.4% |
| JCPB JPMorgan Core Plus Bond ETF | 2.40% | 2,243,663 | $97.5M | Add +10.3% |
| NVDA Nvidia Corp. | 2.34% | 603,100 | $95.3M | Add +9.5% |
| VGIT Vanguard Intermediate-Term T | 2.24% | 1,520,422 | $90.9M | Add +2.2% |
| PLD Prologis Inc. | 2.21% | 855,115 | $89.9M | Reduce -77.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.67% | 852,754 | $67.8M | Reduce -30.9% |
| AMZN Amazon.com Inc. | 1.60% | 295,695 | $64.9M | Reduce -12.6% |
| FBND Fidelity Total Bond ETF | 1.55% | 1,499,179 | $63.0M | Add +13.0% |
| EFA iShares MSCI Eafe ETF | 1.44% | 653,537 | $58.4M | Add +1.8% |
| IEFA iShares Core MSCI Eafe ETF | 1.40% | 965,567 | $56.9M | Add +4.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.39% | 116,421 | $56.6M | Reduce -60.7% |
| VOO Vanguard S&P 500 ETF | 1.33% | 95,875 | $54.1M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 1.09% | 152,911 | $44.3M | Reduce -12.4% |
| GOOGL Alphabet Inc. Class A | 1.00% | 230,958 | $40.7M | Reduce -9.6% |
| META Meta Platforms Inc. Class A | 0.84% | 46,053 | $34.0M | Reduce -45.2% |
| VWO Vanguard Ftse Emerging Marke | 0.81% | 665,236 | $32.9M | Add +2.1% |
| VEA Vanguard Ftse Developed ETF | 0.76% | 538,438 | $30.7M | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.73% | 180,447 | $29.6M | Add +251.9% |
| GOOG Alphabet Inc. Class C | 0.56% | 127,896 | $22.7M | Reduce -35.2% |
| IWM iShares Russell 2000 ETF | 0.55% | 103,087 | $22.2M | Add +7.5% |
| V Visa Inc. Class A | 0.54% | 61,888 | $22.0M | Reduce -36.7% |
| ORCL Oracle Corp. | 0.51% | 95,299 | $20.8M | Add +5.0% |
| TSLA Tesla Inc. | 0.51% | 65,338 | $20.8M | Add +6.9% |
| AVGO Broadcom Inc. | 0.45% | 66,268 | $18.5M | Add +9.2% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.41% | 433,765 | $16.5M | Reduce -10.2% |
| ONB Old National Bancorp | 0.39% | 749,511 | $16.0M | Add +2814.5% |
| PG The Procter & Gamble Co. | 0.36% | 91,751 | $14.6M | Add +2.8% |
| WMT Walmart Inc. | 0.36% | 148,130 | $14.5M | Add +3.5% |
| IWF iShares Russell 1000 Growth | 0.32% | 32,272 | $13.2M | Add +4.7% |
| MA Mastercard Inc. Class A | 0.32% | 23,403 | $13.2M | Reduce -0.4% |
| XOM Exxon Mobil Corp. | 0.30% | 114,120 | $12.3M | Add +0.4% |
| CAT Caterpillar Inc. | 0.30% | 31,347 | $12.2M | Add +58.6% |
| JNJ Johnson & Johnson | 0.30% | 79,637 | $12.2M | Reduce -38.5% |
| COST Costco Wholesale Corp. | 0.29% | 12,026 | $11.9M | Reduce -8.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.28% | 38,083 | $11.6M | Add +8.8% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.27% | 257,459 | $11.0M | Add +3.3% |
| HD Home Depot Inc. | 0.26% | 29,244 | $10.7M | Add +8.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 219,314 | $10.4M | Add +6.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.25% | 14 | $10.2M | No change |
| ABBV Abbvie Inc. | 0.24% | 53,285 | $9.9M | Reduce -36.0% |
| NFLX Netflix Inc. | 0.23% | 7,131 | $9.5M | Reduce -6.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.23% | 75,992 | $9.4M | Reduce -24.7% |
| RTX RTX Corp. | 0.23% | 64,193 | $9.4M | Reduce -25.4% |
| CRM Salesforce Inc. | 0.23% | 34,295 | $9.4M | Reduce -57.6% |
| SCHG Schwab US Large-Cap Growth | 0.23% | 327,066 | $9.2M | Add +688.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.22% | 43,076 | $9.1M | Add +35.1% |
| IWD iShares Russell 1000 Value E | 0.21% | 76,361 | $8.5M | Add +73.6% |
| MCD McDonald's Corp. | 0.20% | 27,762 | $8.1M | Add +6.3% |
| MBIN Merchants Bancorp | 0.19% | 239,482 | $7.9M | Add +6.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.19% | 27,595 | $7.9M | Add +1049.3% |
| IWR iShares Russell Mid-Cap ETF | 0.19% | 84,387 | $7.8M | Add +223.6% |
| PM Philip Morris International | 0.19% | 41,545 | $7.6M | Add +1.0% |
| PEP Pepsico Inc. | 0.18% | 56,362 | $7.4M | Reduce -33.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.18% | 65,672 | $7.4M | Add +278.8% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 53,395 | $7.3M | Add +15.3% |
| KO The Coca-Cola Co. | 0.18% | 100,696 | $7.1M | Reduce -17.6% |
| LMT Lockheed Martin Corp. | 0.18% | 15,369 | $7.1M | Add +10.0% |
| BND Vanguard Total Bond Market | 0.17% | 128,510 | $7.1M | Add +44.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.17% | 30,577 | $6.9M | Add +4.9% |
| CVX Chevron Corp. | 0.17% | 48,344 | $6.9M | Reduce -2.5% |
| XLK SS Technology Select Sector | 0.17% | 26,858 | $6.8M | Add +4.4% |
| GS Goldman Sachs Group Inc. | 0.16% | 9,462 | $6.7M | Reduce -66.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.16% | 43,977 | $6.6M | Add +12.1% |
| ESGU iShares ESG Aware MSCI USA | 0.16% | 48,298 | $6.5M | Add +8.5% |
| AMGN Amgen Inc. | 0.16% | 23,156 | $6.5M | Reduce -47.9% |
| UNH Unitedhealth Group Inc. | 0.15% | 20,173 | $6.3M | Add +45.4% |
| CSCO Cisco Systems Inc. | 0.15% | 89,707 | $6.2M | Reduce -4.3% |
| PANW Palo Alto Networks Inc. | 0.15% | 29,397 | $6.0M | Reduce -10.3% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.15% | 93,571 | $5.9M | Reduce -8.0% |
| VT Vanguard Tot World STK ETF | 0.14% | 44,785 | $5.8M | Add +1.9% |
| AXP American Express Co. | 0.14% | 17,886 | $5.7M | Add +13.0% |
| C Citigroup Inc. | 0.14% | 66,346 | $5.6M | Add +1.6% |
| EEM iShares MSCI Emerging Market | 0.14% | 117,030 | $5.6M | Add +0.6% |
| BA The Boeing Co. | 0.14% | 26,678 | $5.6M | Reduce -50.3% |
| GE General Electric filed as GE AEROSPACE | 0.13% | 21,125 | $5.4M | Add +3.8% |
| AGG iShares Core U.S. Aggregate | 0.13% | 54,633 | $5.4M | Add +0.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.13% | 10,476 | $5.3M | Add +6.3% |
| MRK Merck & Co. Inc. | 0.13% | 66,763 | $5.3M | Reduce -22.6% |
| HON Honeywell International Inc. | 0.13% | 22,606 | $5.3M | Add +3.3% |
| DE Deere & Co. | 0.13% | 10,078 | $5.1M | Add +22.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.13% | 17,317 | $5.1M | Add +16.7% |
| IWV iShares Russell 3000 ETF | 0.12% | 14,414 | $5.1M | Add +0.7% |
| T AT&T Inc. | 0.12% | 169,750 | $4.9M | Add +23.4% |
| VZ Verizon Communications Inc. | 0.12% | 111,115 | $4.8M | Add +0.3% |
| ABT Abbott Laboratories | 0.12% | 34,596 | $4.7M | Add +7.1% |
| IWB iShares Russell 1000 ETF | 0.12% | 13,765 | $4.7M | Add +36.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.11% | 30,771 | $4.6M | Add +8.0% |
| UBER Uber Technologies Inc. | 0.11% | 48,904 | $4.6M | Reduce -16.5% |
| PFE Pfizer Inc. | 0.11% | 187,310 | $4.5M | Reduce -0.3% |
| SCHF Schwab Intl Equity ETF | 0.11% | 203,456 | $4.5M | Add +200.6% |
| MUB iShares National Muni Bond E | 0.11% | 42,033 | $4.4M | Add +1443.6% |
| VXUS Vanguard Total Intl Stock | 0.10% | 61,746 | $4.3M | Add +11.2% |
Options reported separately and not counted above: PEP calls ($1.5M), SPY puts ($1.3M), AAPL calls ($420K), AI calls ($295K), MSTR calls ($263K), CMG calls ($197K), AMD calls ($184K), OSCR calls ($161K), PYPL puts ($149K), ABNB puts ($146K), RIVN calls ($137K), GOOGL calls ($53K), and 22 more.
Other holdings (2): bonds, preferreds, convertibles and warrants · $986K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 590 | $716K | Reduce -99.4% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 230 | $270K | Reduce -99.7% |
Total filed on the 13F, all lines: $4.1B.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -21.0% | 3.06% | −0.59 |
| PLD Prologis Inc. | Reduce -77.9% | 2.21% | −0.54 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -60.7% | 1.39% | −0.36 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -30.9% | 1.67% | −0.29 |
| LLY Eli Lilly & Co. | Reduce -14.5% | 2.67% | −0.17 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -51.5% | 0.10% | −0.13 |
| JNJ Johnson & Johnson | Reduce -38.5% | 0.30% | −0.10 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -10.2% | 0.41% | −0.08 |
| V Visa Inc. Class A | Reduce -36.7% | 0.54% | −0.06 |
| APP AppLovin Corp. Class A | Reduce -93.8% | 0.00% | −0.06 |
| CVX Chevron Corp. | Reduce -2.5% | 0.17% | −0.06 |
| VOO Vanguard S&P 500 ETF | Reduce -0.8% | 1.33% | −0.06 |
| PEP Pepsico Inc. | Reduce -33.0% | 0.18% | −0.05 |
| VTEI Vanguard Int Tax-Exempt Bond | Reduce -55.0% | 0.03% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -8.1% | 0.29% | −0.05 |
| ABBV Abbvie Inc. | Reduce -36.0% | 0.24% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -22.6% | 0.13% | −0.04 |
| MA Mastercard Inc. Class A | Reduce -0.4% | 0.32% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -40.2% | 0.03% | −0.03 |
| AMGN Amgen Inc. | Reduce -47.9% | 0.16% | −0.03 |
| CRM Salesforce Inc. | Reduce -57.6% | 0.23% | −0.03 |
| ADBE Adobe Inc. | Reduce -35.0% | 0.04% | −0.03 |
| BMY Bristol-Myers Squibb Co. | Reduce -41.7% | 0.04% | −0.02 |
| PFE Pfizer Inc. | Reduce -0.3% | 0.11% | −0.02 |
| STZ Constellation Brands Inc. Class A | Reduce -9.7% | 0.05% | −0.02 |
| VCRM Vanguard Core Tax-Ex Bond | Reduce -72.6% | 0.01% | −0.02 |
| UNP Union Pacific Corp. | Reduce -5.0% | 0.08% | −0.02 |
| HDV iShares Core High Dividend E | Reduce -85.2% | 0.08% | −0.02 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -13.5% | 0.03% | −0.02 |
| FISV Fiserv Inc. | Reduce -11.2% | 0.03% | −0.02 |
| ELV Elevance Health Inc. | Reduce -12.0% | 0.03% | −0.02 |
| DFAI Dimensional International Co. | Sold out | 0.00% | −0.02 |
| OBDC Blue Owl Capital Corp. | Reduce -48.0% | 0.01% | −0.02 |
| AFL Aflac Inc. | Reduce -9.1% | 0.05% | −0.01 |
| XLE SS Energy Select Sector | Reduce -4.8% | 0.05% | −0.01 |
| TGTX TG Therapeutics Inc. | Sold out | 0.00% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -3.5% | 0.05% | −0.01 |
| SCHX Schwab US Large-Cap ETF | Reduce -14.8% | 0.07% | −0.01 |
| ICF iShares Select U.S. REIT ETF | Reduce -22.6% | 0.03% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.6% | 0.76% | −0.01 |
| VGSH Vanguard Short-Term Treasury | Reduce -6.2% | 0.06% | −0.01 |
| INSP Inspire Medical Systems Inc. | Reduce -36.5% | 0.01% | −0.01 |
| SHEL Shell PLC-ADR | Reduce -11.2% | 0.04% | −0.01 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.01 |
| CVS CVS Health Corp. | Reduce -12.2% | 0.05% | −0.01 |
| TGT Target Corp. | Reduce -4.8% | 0.05% | −0.01 |
| ZTS Zoetis Inc. | Reduce -24.5% | 0.02% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -10.5% | 0.04% | −0.01 |
| KO The Coca-Cola Co. | Reduce -17.6% | 0.18% | −0.01 |
| GIS General Mills Inc. | Reduce -2.1% | 0.03% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +9.5% | 2.34% | +0.68 |
| ONB Old National Bancorp | Add +2814.5% | 0.39% | +0.38 |
| SCHG Schwab US Large-Cap Growth | Add +688.3% | 0.23% | +0.20 |
| IVV iShares Core S&P 500 ETF | Add +8.3% | 3.42% | +0.18 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Add +1049.3% | 0.19% | +0.18 |
| AVGO Broadcom Inc. | Add +9.2% | 0.45% | +0.17 |
| ORCL Oracle Corp. | Add +5.0% | 0.51% | +0.16 |
| IWR iShares Russell Mid-Cap ETF | Add +223.6% | 0.19% | +0.13 |
| CAT Caterpillar Inc. | Add +58.6% | 0.30% | +0.12 |
| MUB iShares National Muni Bond E | Add +1443.6% | 0.11% | +0.10 |
| SCHF Schwab Intl Equity ETF | Add +200.6% | 0.11% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +15.3% | 0.18% | +0.07 |
| TSLA Tesla Inc. | Add +6.9% | 0.51% | +0.07 |
| FMBH First Mid Bancshares Inc. | Add +609.7% | 0.08% | +0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +278.8% | 0.18% | +0.06 |
| QQQ Invesco QQQ Trust Series 1 | Add +251.9% | 0.73% | +0.06 |
| SSO Proshares Ultra S&P500 | New | 0.05% | +0.05 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +109.6% | 0.09% | +0.04 |
| IBIT iShares Bitcoin Trust ETF | Add +57.9% | 0.10% | +0.04 |
| STIP iShares 0-5 Year Tips Bond E | New | 0.04% | +0.04 |
| SCHM Schwab US Mid Cap ETF | New | 0.04% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.9% | 0.17% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +6.3% | 0.13% | +0.03 |
| GEV GE Vernova Inc. | Add +1.2% | 0.09% | +0.03 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +323.9% | 0.04% | +0.03 |
| VNQ Vanguard Real Estate ETF | Add +379.7% | 0.04% | +0.03 |
| IEFA iShares Core MSCI Eafe ETF | Add +4.9% | 1.40% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +36.2% | 0.12% | +0.03 |
| RDVY First Trust Rising Dividend | New | 0.03% | +0.03 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Add +472.5% | 0.03% | +0.03 |
| SNOW Snowflake Inc. | Add +14.1% | 0.07% | +0.03 |
| FEOE First Eagle Overseas Eq ETF | New | 0.02% | +0.02 |
| ITW Illinois Tool Works | Add +136.5% | 0.04% | +0.02 |
| IBM Intl Business Machines Corp. | Add +16.7% | 0.13% | +0.02 |
| COIN Coinbase Global Inc. Class A | Add +20.0% | 0.04% | +0.02 |
| VGT Vanguard Info Tech ETF | Add +30.3% | 0.08% | +0.02 |
| AXP American Express Co. | Add +13.0% | 0.14% | +0.02 |
| VFH Vanguard Financials ETF | New | 0.02% | +0.02 |
| VIS Vanguard Industrials ETF | New | 0.02% | +0.02 |
| TLT iShares 20+ Year Treasury BD | New | 0.02% | +0.02 |
| VIOO Vanguard S&P Small-Cap 600 E | Add +174.6% | 0.03% | +0.02 |
| GE General Electric | Add +3.8% | 0.13% | +0.02 |
| STLD Steel Dynamics Inc. | Add +118.4% | 0.04% | +0.02 |
| VPU Vanguard Utilities ETF | New | 0.02% | +0.02 |
| XLK SS Technology Select Sector | Add +4.4% | 0.17% | +0.02 |
| VOX Vanguard Communication Servi | Add +99.9% | 0.04% | +0.02 |
| SCHA Schwab US Small-Cap ETF | Add +181.6% | 0.03% | +0.02 |
| ETN Eaton Corp. PLC | Add +6.0% | 0.10% | +0.02 |
| DE Deere & Co. | Add +22.4% | 0.13% | +0.02 |
| VST Vistra Corp. | Add +25.5% | 0.04% | +0.02 |
Options Activity Q1 2025 → Q2 2025
| PEP Pepsico Inc. | call | New | 11,500 | $1.5M |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +200.0% | 3,600 | $1.3M |
| AAPL Apple Inc. | call | New | 7,000 | $420K |
| AI C3.AI Inc. Class A | call | New | 12,000 | $295K |
| MSTR Strategy Inc. | call | Reduce -71.7% | 1,500 | $263K |
| MBLY Mobileye Global Inc. Class A | call | Sold out | 18,000 | $259Kbefore exit |
| CMG Chipotle Mexican Grill Inc. | call | New | 3,500 | $197K |
| AMD Advanced Micro Devices | call | New | 1,300 | $184K |
| OSCR Oscar Health Inc. Class A | call | Add +2400.0% | 7,500 | $161K |
| PYPL PayPal Holdings Inc. | put | New | 2,000 | $149K |
| ABNB Airbnb Inc. Class A | put | New | 1,100 | $146K |
| LYFT LYFT Inc. Class A | call | Sold out | 12,000 | $142Kbefore exit |
| RIVN Rivian Automotive Inc. Class A | call | Add +300.0% | 10,000 | $137K |
| COIN Coinbase Global Inc. Class A | call | Sold out | 400 | $69Kbefore exit |
| GOOGL Alphabet Inc. Class A | call | New | 300 | $53K |
| CHTR Charter Communications Inc. Class A | call | New | 100 | $41K |
| TMO Thermo Fisher Scientific Inc. | call | New | 100 | $41K |
| GOOG Alphabet Inc. Class C | call | Add +110.0% | 2,100 | $40K |
| ADBE Adobe Inc. | call | New | 100 | $39K |
| HIMS Hims & Hers Health Inc. | call | Sold out | 1,300 | $38Kbefore exit |
| NIO Nio Inc. - ADR | call | Sold out | 10,000 | $38Kbefore exit |
| ETHU 2X Ether ETF | call | Sold out | 20,000 | $37Kbefore exit |
| APP AppLovin Corp. Class A | call | New | 100 | $35K |
| MCD McDonald's Corp. | call | New | 100 | $29K |
| UBER Uber Technologies Inc. | call | New | 500 | $27K |
| NVDA Nvidia Corp. | call | Reduce -75.0% | 400 | $25K |
| LULU Lululemon Athletica Inc. | call | New | 100 | $24K |
| EQT Eqt Corp. | call | New | 400 | $23K |
| LOW Lowe's Cos Inc. | call | New | 100 | $22K |
| SMCI Super Micro Computer Inc. | call | Sold out | 600 | $21Kbefore exit |
| SOFI Sofi Technologies Inc. | call | Sold out | 1,400 | $16Kbefore exit |
| UAL United Airlines Holdings Inc. | put | New | 200 | $16K |
| MSTR Strategy Inc. | put | New | 400 | $9K |
| AMZN Amazon.com Inc. | call | Reduce -84.6% | 200 | $9K |
| MSFT Microsoft Corp. | call | New | 100 | $5K |
| META Meta Platforms Inc. Class A | call | New | 100 | $5K |
| KULR Kulr Technology Group Inc. | call | Sold out | 2,400 | $3Kbefore exit |
| CRM Salesforce Inc. | call | New | 100 | $3K |
| PYPL PayPal Holdings Inc. | call | New | 2,000 | $3K |
| ABNB Airbnb Inc. Class A | call | New | 1,100 | $2K |
| FISV Fiserv Inc. | call | New | 100 | $114 |
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 -99.4% | 590 | $716K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -99.7% | 230 | $270K |
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 | 807 | $4.7B | SPY, IJR, IEMG, IJH, IVV |
| Q1 2026 | 720 | $4.2B | SPY, IJR, IJH, IEMG, PLD |
| Q4 2025 | 790 | $4.5B | SPY, IJR, IJH, IEMG, IVV |
| Q3 2025 | 787 | $4.4B | SPY, IJR, IJH, IEMG, IVV |
| Q2 2025Amended | 749 | $4.1B | SPY, IJR, IJH, IEMG, IVV |
| Q1 2025 | 674 | $3.6B | SPY, IJR, IJH, IEMG, AAPL |
| Q4 2024 | 688 | $3.6B | SPY, IJR, IJH, AAPL, IEMG |
| Q3 2024 | 689 | $3.5B | SPY, IJR, IJH, IEMG, AAPL |
| Q2 2024 | 653 | $3.2B | SPY, IJR, IEMG, AAPL, RSP |
| Q1 2024Amended | 646 | $2.8B | SPY, IJR, IEMG, RSP, AAPL |