Verdence Capital Advisors LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 6, 2025), Verdence Capital Advisors LLC reported 631 stock positions worth $1.2 billion. Its top holding was Apple (AAPL) at 4.3% of the portfolio, followed by Microsoft (MSFT, 2.8%) and SS SPDR S&P 500 ETF Trust-US (SPY, 2.3%). Compared with Q3 2024, it opened 33 new positions, sold out of 40, added to 287 and reduced 274. The biggest buy was Vanguard Russell 1000 Value (VONV, shares +79%) and the biggest sale Elevance Health (ELV, shares −44%).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001719305
- Portfolio Value
- $1.2B (Q4 2024)
- SEC Filing
- 0001719305-25-000002 ↗ filed Feb 6, 2025
Holdings Value
Holdings 631 stocks · $1.2B
| AAPL Apple Inc. | 4.31% | 214,153 | $53.6M | Reduce -1.3% |
| MSFT Microsoft Corp. | 2.83% | 83,563 | $35.2M | Reduce -0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.30% | 48,840 | $28.6M | Add +3.3% |
| VONV Vanguard Russell 1000 Value | 1.76% | 270,091 | $21.9M | Add +78.9% |
| VOO Vanguard S&P 500 ETF | 1.73% | 39,901 | $21.5M | Add +0.3% |
| AVGO Broadcom Inc. | 1.56% | 83,778 | $19.4M | Reduce -16.8% |
| JPM JPMorgan Chase & Co. | 1.55% | 80,639 | $19.3M | Reduce -2.8% |
| AGG iShares Core U.S. Aggregate | 1.52% | 194,716 | $18.9M | Add +5.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.45% | 197,202 | $18.0M | Add +1.6% |
| AMZN Amazon.com Inc. | 1.32% | 74,773 | $16.4M | Add +3.0% |
| EFA iShares MSCI Eafe ETF | 1.20% | 197,156 | $14.9M | Add +16.0% |
| SCHG Schwab US Large-Cap Growth | 1.17% | 523,136 | $14.6M | Add +9.9% |
| V Visa Inc. Class A | 1.13% | 44,261 | $14.0M | Reduce -0.3% |
| GOOGL Alphabet Inc. Class A | 1.10% | 72,257 | $13.7M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 1.05% | 14,305 | $13.1M | Reduce -1.4% |
| META Meta Platforms Inc. Class A | 1.00% | 21,207 | $12.4M | Add +0.1% |
| XOM Exxon Mobil Corp. | 0.96% | 111,129 | $12.0M | Add +4.9% |
| IVV iShares Core S&P 500 ETF | 0.84% | 17,696 | $10.4M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.82% | 75,573 | $10.1M | Reduce -0.2% |
| QAI Nylim HDG MLT-STR TRC ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.79% | 314,633 | $9.9M | Add +7.5% |
| IWM iShares Russell 2000 ETF | 0.76% | 42,964 | $9.5M | Add +13.8% |
| EFV iShares MSCI Eafe Value ETF | 0.76% | 180,835 | $9.5M | Add +6.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.76% | 22,914 | $9.4M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.75% | 20,697 | $9.4M | Add +1.2% |
| MU Micron Technology Inc. | 0.73% | 107,223 | $9.0M | Reduce -4.0% |
| GOOG Alphabet Inc. Class C | 0.72% | 47,246 | $9.0M | Reduce -25.6% |
| CB Chubb Ltd. | 0.72% | 32,418 | $9.0M | Reduce -1.9% |
| FISV Fiserv Inc. | 0.70% | 42,202 | $8.7M | Reduce -17.5% |
| PG The Procter & Gamble Co. | 0.70% | 51,554 | $8.6M | Add +0.3% |
| UNH Unitedhealth Group Inc. | 0.69% | 17,037 | $8.6M | Add +0.5% |
| EEM iShares MSCI Emerging Market | 0.67% | 198,536 | $8.3M | Add +5.6% |
| NSC Norfolk Southern Corp. | 0.65% | 34,391 | $8.1M | Reduce -3.7% |
| IWR iShares Russell Mid-Cap ETF | 0.64% | 89,979 | $8.0M | Add +15.6% |
| EVR Evercore Inc. Class A | 0.63% | 28,315 | $7.8M | Add +0.7% |
| MA Mastercard Inc. Class A | 0.61% | 14,471 | $7.6M | Add +1.1% |
| HD Home Depot Inc. | 0.59% | 18,710 | $7.3M | Add +0.3% |
| SSNC Ss&c Technologies Holdings | 0.58% | 95,416 | $7.2M | Add +1.8% |
| AZO AutoZone Inc. | 0.55% | 2,125 | $6.8M | Reduce -0.1% |
| CPAY Corpay Inc. | 0.54% | 19,701 | $6.7M | Add +1.7% |
| JNJ Johnson & Johnson | 0.53% | 45,299 | $6.6M | Reduce -0.4% |
| COR Cencora Inc. | 0.52% | 28,636 | $6.4M | Add +1.6% |
| WPC WP Carey Inc. | 0.51% | 116,904 | $6.4M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.51% | 37,881 | $6.3M | Add +8.0% |
| TSLA Tesla Inc. | 0.49% | 15,215 | $6.1M | Add +6.2% |
| TRV The Travelers Cos Inc. | 0.49% | 25,287 | $6.1M | Add +1.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.46% | 33,723 | $5.7M | Reduce -0.2% |
| HCA HCA Healthcare Inc. | 0.45% | 18,649 | $5.6M | Reduce -18.7% |
| KLAC KLA Corp. | 0.45% | 8,812 | $5.6M | Add +1.0% |
| LLY Eli Lilly & Co. | 0.45% | 7,171 | $5.5M | Add +0.2% |
| FANG Diamondback Energy Inc. | 0.44% | 33,557 | $5.5M | Reduce -9.6% |
| AXP American Express Co. | 0.44% | 18,362 | $5.4M | Add +1.3% |
| UPS United Parcel Service Class B | 0.43% | 42,363 | $5.3M | Reduce -22.0% |
| VIG Vanguard Dividend Apprec ETF | 0.42% | 26,472 | $5.2M | Reduce -0.1% |
| MCK McKesson Corp. | 0.40% | 8,825 | $5.0M | Add +1.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.40% | 64,236 | $5.0M | Add +5.4% |
| IWF iShares Russell 1000 Growth | 0.40% | 12,433 | $5.0M | Reduce -0.4% |
| APO Apollo Global Management Inc. | 0.40% | 30,068 | $5.0M | Add +1.8% |
| DFUV Dimensional US Marketwide Va | 0.40% | 120,891 | $4.9M | No change |
| PEP Pepsico Inc. | 0.39% | 31,955 | $4.9M | Add +10.6% |
| VZ Verizon Communications Inc. | 0.39% | 120,144 | $4.8M | Reduce -11.5% |
| URI United Rentals Inc. | 0.38% | 6,700 | $4.7M | Add +0.9% |
| MRK Merck & Co. Inc. | 0.38% | 47,191 | $4.7M | Reduce -15.8% |
| ABBV Abbvie Inc. | 0.36% | 25,453 | $4.5M | Add +14.0% |
| DFAT Dimensional US Target Value | 0.36% | 80,135 | $4.5M | No change |
| TTWO Take-Two Interactive Softwre | 0.36% | 24,096 | $4.4M | Add +1.8% |
| CVX Chevron Corp. | 0.35% | 30,336 | $4.4M | Add +21.5% |
| AMAT Applied Materials Inc. | 0.35% | 26,866 | $4.4M | Add +701.5% |
| BHRB Burke & Herbert Financial SE | 0.34% | 68,384 | $4.3M | Add +32.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.34% | 48,467 | $4.2M | Add +12.8% |
| TRU Transunion | 0.33% | 44,841 | $4.2M | Add +1.1% |
| CNQ Canadian Natural Resources | 0.33% | 134,156 | $4.1M | Reduce -11.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 18,759 | $4.1M | Reduce -1.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.32% | 91,890 | $4.0M | Add +0.6% |
| USFD US Foods Holding Corp. | 0.32% | 59,864 | $4.0M | Add +377.8% |
| PR Permian Resources Corp. Class A | 0.32% | 276,776 | $4.0M | Reduce -0.3% |
| AMGN Amgen Inc. | 0.32% | 15,039 | $3.9M | Add +14.5% |
| ELV Elevance Health Inc. | 0.31% | 10,537 | $3.9M | Reduce -43.5% |
| CAT Caterpillar Inc. | 0.31% | 10,603 | $3.8M | Add +25.1% |
| HON Honeywell International Inc. | 0.31% | 16,801 | $3.8M | Reduce -4.2% |
| VNQ Vanguard Real Estate ETF | 0.31% | 42,587 | $3.8M | Add +7.3% |
| RTX RTX Corp. | 0.30% | 32,717 | $3.8M | Add +0.8% |
| TFC Truist Financial Corp. | 0.30% | 87,147 | $3.8M | Reduce -1.3% |
| BMY Bristol-Myers Squibb Co. | 0.30% | 66,752 | $3.8M | Reduce -15.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.30% | 14,048 | $3.7M | Add +17.9% |
| WFC Wells Fargo & Co. | 0.30% | 52,807 | $3.7M | Add +9.2% |
| AON Aon PLC Class A | 0.30% | 10,224 | $3.7M | Add +0.2% |
| QCOM Qualcomm Inc. | 0.29% | 23,793 | $3.7M | Reduce -1.9% |
| EA Electronic Arts Inc. | 0.29% | 24,953 | $3.7M | Add +1.2% |
| WEX Wex Inc. | 0.29% | 20,531 | $3.6M | Add +1.6% |
| MCD McDonald's Corp. | 0.29% | 12,280 | $3.6M | Add +3.2% |
| MO Altria Group Inc. | 0.28% | 67,548 | $3.5M | Reduce -11.5% |
| WD Walker & Dunlop Inc. | 0.28% | 35,324 | $3.4M | Add +2.0% |
| VYM Vanguard High DVD Yield ETF | 0.28% | 26,885 | $3.4M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.27% | 30,130 | $3.4M | Add +3.8% |
| COP Conocophillips | 0.27% | 34,102 | $3.4M | Reduce -10.2% |
| SAP Sap SE-Sponsored ADR | 0.27% | 13,715 | $3.4M | Reduce -1.3% |
| CSCO Cisco Systems Inc. | 0.27% | 56,810 | $3.4M | Reduce -2.6% |
| PM Philip Morris International | 0.27% | 27,611 | $3.3M | Reduce -8.3% |
| CACI Caci International Inc. Class A | 0.26% | 8,076 | $3.3M | Add +1.6% |
| SHOP Shopify Inc. Class A | 0.26% | 30,383 | $3.2M | Reduce -4.5% |
Options reported separately and not counted above: APP calls ($294K), GE calls ($291K).
Portfolio Sells Q3 2024 → Q4 2024
| ELV Elevance Health Inc. | Reduce -43.5% | 0.31% | −0.46 |
| HAS Hasbro Inc. | Reduce -63.0% | 0.12% | −0.29 |
| HCA HCA Healthcare Inc. | Reduce -18.7% | 0.45% | −0.29 |
| AMG Affiliated Managers Group | Sold out | 0.00% | −0.27 |
| MU Micron Technology Inc. | Reduce -4.0% | 0.73% | −0.20 |
| UPS United Parcel Service Class B | Reduce -22.0% | 0.43% | −0.16 |
| MRK Merck & Co. Inc. | Reduce -15.8% | 0.38% | −0.13 |
| GOOG Alphabet Inc. Class C | Reduce -25.6% | 0.72% | −0.12 |
| CWH Camping World Holdings Inc. Class A | Sold out | 0.00% | −0.12 |
| VZ Verizon Communications Inc. | Reduce -11.5% | 0.39% | −0.10 |
| BCE Bce Inc. | Sold out | 0.00% | −0.10 |
| KHC The Kraft Heinz Co. | Reduce -71.6% | 0.03% | −0.10 |
| GE General Electric | Reduce -17.7% | 0.24% | −0.09 |
| VRSK Verisk Analytics Inc. | Reduce -42.6% | 0.12% | −0.08 |
| LYB Lyondellbasell Indu Class A | Reduce -63.4% | 0.03% | −0.08 |
| SPIB SS SPDR P Int C Corp. ETF | Reduce -28.7% | 0.18% | −0.08 |
| STT State Street Corp. | Sold out | 0.00% | −0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -42.2% | 0.09% | −0.07 |
| ITW Illinois Tool Works | Reduce -33.1% | 0.13% | −0.07 |
| WPC WP Carey Inc. | Reduce -0.1% | 0.51% | −0.07 |
| FANG Diamondback Energy Inc. | Reduce -9.6% | 0.44% | −0.07 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -41.6% | 0.11% | −0.07 |
| CNQ Canadian Natural Resources | Reduce -11.0% | 0.33% | −0.07 |
| USHY iShares Broad Usd High Yield | Reduce -32.5% | 0.13% | −0.07 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −0.06 |
| AGO Assured Guaranty Ltd. | Reduce -32.4% | 0.21% | −0.06 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -32.5% | 0.10% | −0.06 |
| JNJ Johnson & Johnson | Reduce -0.4% | 0.53% | −0.06 |
| WSC Willscot Holdings Corp. | Sold out | 0.00% | −0.06 |
| NSC Norfolk Southern Corp. | Reduce -3.7% | 0.65% | −0.06 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -33.8% | 0.08% | −0.05 |
| BP BP PLC-Spons ADR | Reduce -74.2% | 0.02% | −0.05 |
| PFE Pfizer Inc. | Reduce -11.3% | 0.24% | −0.05 |
| DG Dollar General Corp. | Reduce -21.5% | 0.13% | −0.05 |
| MMM 3M Co. | Reduce -49.7% | 0.04% | −0.05 |
| COP Conocophillips | Reduce -10.2% | 0.27% | −0.05 |
| WNS WNS Holdings Ltd. | Sold out | 0.00% | −0.04 |
| WSFS WSFS Financial Corp. | Reduce -44.0% | 0.06% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -6.7% | 0.16% | −0.04 |
| CCEP Coca-Cola Europacific Partne | Sold out | 0.00% | −0.04 |
| INTC Intel Corp. | Reduce -25.8% | 0.07% | −0.04 |
| AMD Advanced Micro Devices | Reduce -2.6% | 0.11% | −0.04 |
| D Dominion Energy Inc. | Reduce -65.4% | 0.02% | −0.04 |
| FLOT iShares Floating Rate Bond E | Reduce -20.4% | 0.16% | −0.04 |
| CB Chubb Ltd. | Reduce -1.9% | 0.72% | −0.04 |
| ACN Accenture PLC Class A | Reduce -17.6% | 0.19% | −0.04 |
| LKQ LKQ Corp. | Reduce -14.5% | 0.15% | −0.04 |
| CM Can Imperial BK of Commerce | Reduce -47.4% | 0.05% | −0.04 |
| MSFT Microsoft Corp. | Reduce -0.2% | 2.83% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| VONV Vanguard Russell 1000 Value | Add +78.9% | 1.76% | +0.76 |
| AMAT Applied Materials Inc. | Add +701.5% | 0.35% | +0.30 |
| USFD US Foods Holding Corp. | Add +377.8% | 0.32% | +0.26 |
| AMZN Amazon.com Inc. | Add +3.0% | 1.32% | +0.24 |
| TSLA Tesla Inc. | Add +6.2% | 0.49% | +0.20 |
| SCHG Schwab US Large-Cap Growth | Add +9.9% | 1.17% | +0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +3.3% | 2.30% | +0.14 |
| APO Apollo Global Management Inc. | Add +1.8% | 0.40% | +0.11 |
| IWM iShares Russell 2000 ETF | Add +13.8% | 0.76% | +0.10 |
| IWR iShares Russell Mid-Cap ETF | Add +15.6% | 0.64% | +0.09 |
| BHRB Burke & Herbert Financial SE | Add +32.8% | 0.34% | +0.09 |
| CSGP Costar Group Inc. | Add +206.9% | 0.13% | +0.09 |
| SYY Sysco Corp. | Add +116.4% | 0.16% | +0.08 |
| WFC Wells Fargo & Co. | Add +9.2% | 0.30% | +0.08 |
| BMO Bank of Montreal | New | 0.08% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +22.4% | 0.26% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +49.7% | 0.10% | +0.07 |
| FELG Fidelity Enh LRG Cap GWTH | Add +41.4% | 0.20% | +0.07 |
| TTWO Take-Two Interactive Softwre | Add +1.8% | 0.36% | +0.07 |
| MET Metlife Inc. | Add +104.7% | 0.13% | +0.07 |
| EFA iShares MSCI Eafe ETF | Add +16.0% | 1.20% | +0.07 |
| ESOA Energy Services of America | New | 0.07% | +0.07 |
| EVR Evercore Inc. Class A | Add +0.7% | 0.63% | +0.06 |
| EFG iShares MSCI Eafe Growth ETF | Add +84.6% | 0.15% | +0.06 |
| MCK McKesson Corp. | Add +1.5% | 0.40% | +0.06 |
| CVX Chevron Corp. | Add +21.5% | 0.35% | +0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.7% | 0.76% | +0.06 |
| GM General Motors Co. | Add +53.6% | 0.13% | +0.06 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +144.9% | 0.10% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +0.3% | 1.73% | +0.06 |
| BKNG Booking Holdings Inc. | Add +10.4% | 0.24% | +0.06 |
| SYF Synchrony Financial | Add +5.5% | 0.20% | +0.06 |
| CPAY Corpay Inc. | Add +1.7% | 0.54% | +0.05 |
| COIN Coinbase Global Inc. Class A | Add +8.5% | 0.15% | +0.05 |
| RF Regions Financial Corp. | New | 0.05% | +0.05 |
| MA Mastercard Inc. Class A | Add +1.1% | 0.61% | +0.05 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +17.9% | 0.30% | +0.05 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | Add +7.5% | 0.79% | +0.05 |
| PYPL PayPal Holdings Inc. | Add +193.9% | 0.07% | +0.05 |
| AXP American Express Co. | Add +1.3% | 0.44% | +0.05 |
| CAT Caterpillar Inc. | Add +25.1% | 0.31% | +0.05 |
| LH Labcorp Holdings Inc. | Add +124.5% | 0.08% | +0.05 |
| GS Goldman Sachs Group Inc. | Add +3.6% | 0.25% | +0.04 |
| EXPE Expedia Group Inc. | Add +40.0% | 0.10% | +0.04 |
| TWLO Twilio Inc. Class A | New | 0.04% | +0.04 |
| NTRS Northern Trust Corp. | New | 0.04% | +0.04 |
| VGLT Vanguard Long-Term Treasury | New | 0.04% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +11.8% | 0.23% | +0.04 |
| BAC Bank of America Corp. | Add +0.6% | 0.32% | +0.04 |
| AGG iShares Core U.S. Aggregate | Add +5.9% | 1.52% | +0.03 |
Options Activity Q3 2024 → Q4 2024
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 653 | $1.9B | BIL, AAPL, JAAA, SPY, AGG |
| Q1 2026 | 638 | $1.7B | BIL, AAPL, SPY, FLOT, JAAA |
| Q4 2025 | 653 | $1.7B | AAPL, BIL, MSFT, SPY, FLOT |
| Q3 2025 | 699 | $1.7B | AAPL, BIL, MSFT, SPY, FLOT |
| Q2 2025 | 671 | $1.5B | MSFT, FLOT, AAPL, BIL, SPY |
| Q1 2025 | 649 | $1.3B | AAPL, FLOT, BIL, MSFT, SPY |
| Q4 2024 | 631 | $1.2B | AAPL, MSFT, SPY, VONV, VOO |
| Q3 2024 | 638 | $1.3B | AAPL, MSFT, SPY, VOO, AGG |
| Q2 2024 | 590 | $1.1B | AAPL, MSFT, SPY, VOO, JPM |
| Q1 2024 | 585 | $1.1B | AAPL, MSFT, SPY, JPM, VOO |