Waddell & Associates, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 15, 2026), Waddell & Associates, LLC reported 543 stock positions worth $2.0 billion. Its top holding was FedEx (FDX) at 21.2% of the portfolio, followed by Global X US Infrastructure (PAVE, 5.7%) and Schwab Fndmntl US SM Co. ETF (FNDA, 5.5%). Compared with Q1 2026, it opened 134 new positions, sold out of 42, added to 196 and reduced 171. The biggest buy was Dirx Nasdaq-100EQ Wi ETF-Usd (QQQE, shares +0%) and the biggest sale FedEx (FDX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- MEMPHIS, TN
- CIK
- 0001776757
- Portfolio Value
- $2.0B (Q2 2026)
- SEC Filing
- 0001765380-26-000220 ↗ filed Jul 15, 2026
Holdings Value
Holdings 543 stocks · $2.0B
| FDX FedEx Corp. | 21.23% | 1,370,434 | $429.1M | Reduce -2.3% |
| PAVE Global X US Infrastructure | 5.73% | 1,964,140 | $115.7M | Reduce -0.2% |
| FNDA Schwab Fndmntl US SM Co. ETF | 5.45% | 2,896,380 | $110.2M | Add +0.3% |
| MDY State Street SPDR S&P Midcap | 5.38% | 154,726 | $108.8M | Add +0.7% |
| FDXF FedEx Freight Holding Co. | 5.12% | 685,166 | $103.5M | Reduce -2.3% |
| DGRW Wisdomtree U.S. Quality Divi | 4.91% | 1,037,498 | $99.2M | Add +1.1% |
| GCOW Pacer Global Cash Cows Divid | 4.41% | 2,059,834 | $89.2M | Reduce -0.4% |
| AUSF Global X Adaptive US Factor | 4.15% | 1,718,420 | $84.0M | Add +2.0% |
| SCHK Schwab 1000 Index ETF | 3.83% | 2,144,798 | $77.3M | Add +0.2% |
| IEFA iShares Core MSCI Eafe ETF | 3.13% | 654,514 | $63.2M | Add +1.1% |
| QQQM Invesco Nasdaq 100 ETF | 3.01% | 200,772 | $60.8M | Reduce -0.4% |
| AVEM Avantis Emerging Markets Eq | 2.71% | 567,849 | $54.8M | Reduce -0.5% |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | 2.59% | 428,989 | $52.3M | Add +0.1% |
| AGEM Abrdn Emerg MRKT DVD Act | 2.31% | 943,693 | $46.6M | Add +1.1% |
| AAPL Apple Inc. | 1.02% | 71,385 | $20.7M | Add +9.0% |
| NVDA Nvidia Corp. | 0.78% | 78,458 | $15.7M | Add +16.4% |
| CAPE Doubleline Shiller Cape US | 0.53% | 328,686 | $10.7M | Reduce -1.6% |
| MSFT Microsoft Corp. | 0.53% | 28,582 | $10.7M | Add +2.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.51% | 13,680 | $10.2M | Reduce -1.7% |
| GOOG Alphabet Inc. Class C | 0.44% | 25,010 | $8.8M | Add +8.5% |
| VLUE iShares MSCI USA Value Facto | 0.41% | 41,412 | $8.3M | Reduce -2.6% |
| MU Micron Technology Inc. | 0.41% | 7,131 | $8.2M | Reduce -6.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 16,057 | $8.0M | Add +9.8% |
| DBND Doubleline Oppor Cor BND-Usd | 0.38% | 168,588 | $7.7M | Add +4.0% |
| LLY Eli Lilly & Co. | 0.32% | 5,432 | $6.5M | Reduce -0.3% |
| CGV Conductor Global Eq Val ETF | 0.31% | 401,712 | $6.2M | Add +0.6% |
| WMT Walmart Inc. | 0.29% | 52,398 | $5.9M | Reduce -4.3% |
| GOOGL Alphabet Inc. Class A | 0.29% | 16,156 | $5.8M | Add +15.8% |
| PSLV Sprott Physical Silver Trust | 0.27% | 288,061 | $5.4M | Reduce -0.6% |
| JPM JPMorgan Chase & Co. | 0.25% | 15,606 | $5.1M | Add +12.3% |
| AMZN Amazon.com Inc. | 0.25% | 21,345 | $5.1M | Add +30.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.24% | 22,423 | $4.9M | Reduce -0.3% |
| EFA iShares MSCI Eafe ETF | 0.23% | 43,782 | $4.5M | Reduce -1.5% |
| INTC Intel Corp. | 0.21% | 30,639 | $4.3M | Reduce -18.0% |
| AVGO Broadcom Inc. | 0.21% | 11,111 | $4.2M | Add +14.5% |
| EWX State Street SPDR S&P Emergi | 0.19% | 51,981 | $3.9M | Reduce -3.0% |
| VOO Vanguard S&P 500 ETF | 0.19% | 5,591 | $3.8M | Reduce -1.3% |
| VXUS Vanguard Total Intl Stock | 0.18% | 43,139 | $3.7M | Reduce -1.1% |
| ACWI iShares MSCI Acwi ETF | 0.18% | 23,047 | $3.6M | Reduce -8.7% |
| RCAT Red Cat Holdings Inc. | 0.18% | 338,989 | $3.6M | Add +86.7% |
| WDC Western Digital Corp. | 0.17% | 5,535 | $3.5M | Add +3.5% |
| GEV GE Vernova Inc. | 0.17% | 2,966 | $3.5M | Add +12.8% |
| META Meta Platforms Inc. Class A | 0.17% | 5,969 | $3.4M | Add +37.7% |
| XOM Exxon Mobil Corp. | 0.17% | 24,590 | $3.4M | Add +10.8% |
| IYW iShares Ustechnology ETF | 0.17% | 13,316 | $3.4M | No change |
| FIX Comfort Systems USA Inc. | 0.16% | 1,669 | $3.3M | Add +1.9% |
| AMAT Applied Materials Inc. | 0.14% | 4,029 | $2.9M | Add +13.6% |
| JNJ Johnson & Johnson | 0.14% | 10,973 | $2.8M | Reduce -0.3% |
| COHR Coherent Corp. | 0.14% | 7,043 | $2.8M | Reduce -1.8% |
| MRK Merck & Co. Inc. | 0.14% | 21,357 | $2.7M | Add +2.0% |
| HD Home Depot Inc. | 0.14% | 7,774 | $2.7M | Add +18.4% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 7,317 | $2.7M | Reduce -11.3% |
| AZO AutoZone Inc. | 0.13% | 830 | $2.7M | Add +3.0% |
| VRT Vertiv Holdings Co. Class A | 0.13% | 7,757 | $2.6M | Add +3.4% |
| WTAI Wisdomtree AI and Innovation | 0.13% | 54,099 | $2.6M | Add +1.6% |
| TSLA Tesla Inc. | 0.13% | 6,042 | $2.5M | Add +19.3% |
| PG The Procter & Gamble Co. | 0.13% | 17,226 | $2.5M | Add +1.8% |
| ARTY iShares Future AI & Tech ETF | 0.12% | 31,260 | $2.4M | Add +1.7% |
| CNC Centene Corp. | 0.12% | 36,456 | $2.3M | Reduce -9.4% |
| CMI Cummins Inc. | 0.11% | 3,254 | $2.3M | Add +16.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 3,089 | $2.3M | Add +6.0% |
| SNDK Sandisk Corp. | 0.11% | 970 | $2.2M | Reduce -25.0% |
| TER Teradyne Inc. | 0.10% | 4,322 | $2.1M | Add +3.2% |
| CVX Chevron Corp. | 0.10% | 12,496 | $2.1M | Add +45.3% |
| JBHT Hunt (jb) Transprt SVCS Inc. | 0.10% | 7,102 | $2.1M | Add +3.9% |
| VT Vanguard Tot World STK ETF | 0.10% | 13,083 | $2.1M | Reduce -0.8% |
| DFAE Dimensional Emerging Core Eq | 0.10% | 51,061 | $2.1M | Reduce -0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 7,118 | $2.0M | Add +30.1% |
| ORCL Oracle Corp. | 0.10% | 13,621 | $2.0M | Add +27.4% |
| EIX Edison International | 0.10% | 26,163 | $1.9M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 0.10% | 16,377 | $1.9M | Add +0.9% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.09% | 28,299 | $1.9M | Reduce -2.8% |
| BMY Bristol-Myers Squibb Co. | 0.09% | 33,126 | $1.9M | Reduce -16.6% |
| CB Chubb Ltd. | 0.09% | 5,596 | $1.9M | Add +9.7% |
| ABNB Airbnb Inc. Class A | 0.09% | 12,768 | $1.8M | Add +4.3% |
| FTNT Fortinet Inc. | 0.09% | 11,661 | $1.8M | Reduce -21.7% |
| LRCX Lam Research Corp. | 0.09% | 3,989 | $1.7M | Add +25.5% |
| PCG P G & E Corp. | 0.08% | 101,929 | $1.7M | Reduce -11.4% |
| CAT Caterpillar Inc. | 0.08% | 1,579 | $1.7M | Add +74.9% |
| C Citigroup Inc. | 0.08% | 11,591 | $1.6M | Add +18.5% |
| PNC PNC Financial Services Group | 0.08% | 6,470 | $1.6M | Add +5.4% |
| NEM Newmont Corp. | 0.08% | 16,745 | $1.6M | Reduce -16.3% |
| AFL Aflac Inc. | 0.08% | 13,157 | $1.5M | Reduce -0.6% |
| NVT Nvent Electric PLC | 0.08% | 9,029 | $1.5M | Add +7.6% |
| UNH Unitedhealth Group Inc. | 0.08% | 3,667 | $1.5M | Add +60.3% |
| PHYS Sprott Physical Gold Trust | 0.08% | 50,326 | $1.5M | Reduce -0.2% |
| FTI Technipfmc PLC | 0.08% | 22,880 | $1.5M | Add +0.8% |
| V Visa Inc. Class A | 0.07% | 4,411 | $1.5M | Add +20.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.07% | 9,929 | $1.5M | Add +38.0% |
| VIK Viking Holdings Ltd. | 0.07% | 14,288 | $1.5M | Add +12.8% |
| GD General Dynamics Corp. | 0.07% | 4,182 | $1.5M | Reduce -4.4% |
| FCX Freeport-McMoran Inc. | 0.07% | 23,314 | $1.5M | Add +34.4% |
| GS Goldman Sachs Group Inc. | 0.07% | 1,444 | $1.5M | Add +10.6% |
| BAC Bank of America Corp. | 0.07% | 25,464 | $1.5M | Add +7.4% |
| COF Capital One Financial Corp. | 0.07% | 7,096 | $1.4M | Add +97.6% |
| PSX Phillips 66 | 0.07% | 8,407 | $1.4M | Add +10.9% |
| BA The Boeing Co. | 0.07% | 6,526 | $1.4M | Add +9.3% |
| DEW Wisdomtree Global High Divid | 0.07% | 20,468 | $1.4M | New |
| WFC Wells Fargo & Co. | 0.07% | 16,773 | $1.4M | Add +64.1% |
| DAL Delta Air Lines Inc. | 0.07% | 14,797 | $1.4M | Add +8.9% |
Options reported separately and not counted above: SPY puts ($149K), TEAM calls ($8K).
Portfolio Sells Q1 2026 → Q2 2026
| FDX FedEx Corp. | Reduce -2.3% | 21.23% | −6.95 |
| GCOW Pacer Global Cash Cows Divid | Reduce -0.4% | 4.41% | −0.98 |
| FDXF FedEx Freight Holding Co. | Reduce -2.3% | 5.12% | −0.85 |
| PSLV Sprott Physical Silver Trust | Reduce -0.6% | 0.27% | −0.13 |
| WMT Walmart Inc. | Reduce -4.3% | 0.29% | −0.09 |
| DHR Danaher Corp. | Reduce -80.5% | 0.01% | −0.07 |
| BKNG Booking Holdings Inc. | Reduce -66.3% | 0.03% | −0.06 |
| CAPE Doubleline Shiller Cape US | Reduce -1.6% | 0.53% | −0.05 |
| CRM Salesforce Inc. | Reduce -75.1% | 0.01% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -64.0% | 0.02% | −0.05 |
| TAFI AB Tax Aware Short Dur Muni | Sold out | 0.00% | −0.04 |
| FSMB First Trust Short Dur Manag | Sold out | 0.00% | −0.04 |
| NEM Newmont Corp. | Reduce -16.3% | 0.08% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -16.6% | 0.09% | −0.04 |
| IWF iShares Russell 1000 Growth | Sold out | 0.00% | −0.04 |
| HON Honeywell International Inc. | Reduce -34.3% | 0.01% | −0.04 |
| NFLX Netflix Inc. | Reduce -11.4% | 0.05% | −0.04 |
| EXE Expand Energy Corp. | Reduce -56.9% | 0.02% | −0.04 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -40.8% | 0.04% | −0.04 |
| PEP Pepsico Inc. | Reduce -27.9% | 0.04% | −0.03 |
| COST Costco Wholesale Corp. | Reduce -22.7% | 0.06% | −0.03 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.03 |
| GIS General Mills Inc. | Reduce -60.5% | 0.01% | −0.03 |
| PCG P G & E Corp. | Reduce -11.4% | 0.08% | −0.03 |
| ADBE Adobe Inc. | Reduce -27.9% | 0.03% | −0.03 |
| REGN Regeneron Pharmaceuticals | Reduce -10.5% | 0.05% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -11.6% | 0.05% | −0.03 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.03 |
| SPGI S&P Global Inc. | Reduce -31.9% | 0.04% | −0.03 |
| PHYS Sprott Physical Gold Trust | Reduce -0.2% | 0.08% | −0.03 |
| CEF Sprott Physical Gold and Sil | Reduce -1.4% | 0.07% | −0.03 |
| SF Stifel Financial Corp. | Sold out | 0.00% | −0.02 |
| CRH CRH PLC | Reduce -61.1% | 0.01% | −0.02 |
| G Genpact Ltd. | Sold out | 0.00% | −0.02 |
| DOW Dow Inc. | Reduce -11.8% | 0.02% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.02 |
| NYT New York Times Co. Class A | Reduce -23.5% | 0.03% | −0.02 |
| NOW ServiceNow Inc. | Reduce -42.6% | 0.02% | −0.02 |
| FIVE Five Below | Reduce -30.6% | 0.02% | −0.02 |
| PCOR Procore Technologies Inc. | Sold out | 0.00% | −0.02 |
| AMP Ameriprise Financial Inc. | Reduce -33.5% | 0.03% | −0.02 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.02 |
| SITE Siteone Landscape Supply Inc. | Reduce -53.1% | 0.01% | −0.02 |
| BBY Best Buy Co. Inc. | Sold out | 0.00% | −0.02 |
| ACM Aecom | Sold out | 0.00% | −0.02 |
| IT Gartner Inc. | Reduce -32.6% | 0.02% | −0.02 |
| INTU Intuit Inc. | Reduce -12.3% | 0.02% | −0.02 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.02 |
| EFA iShares MSCI Eafe ETF | Reduce -1.5% | 0.23% | −0.02 |
Portfolio Buys Q1 2026 → Q2 2026
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +0.1% | 2.59% | +0.21 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +0.3% | 5.45% | +0.17 |
| AGEM Abrdn Emerg MRKT DVD Act | Add +1.1% | 2.31% | +0.17 |
| NVDA Nvidia Corp. | Add +16.4% | 0.78% | +0.11 |
| WDC Western Digital Corp. | Add +3.5% | 0.17% | +0.09 |
| AAPL Apple Inc. | Add +9.0% | 1.02% | +0.08 |
| AMAT Applied Materials Inc. | Add +13.6% | 0.14% | +0.08 |
| DEW Wisdomtree Global High Divid | New | 0.07% | +0.07 |
| GOOG Alphabet Inc. Class C | Add +8.5% | 0.44% | +0.06 |
| AMZN Amazon.com Inc. | Add +30.8% | 0.25% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +15.8% | 0.29% | +0.06 |
| AMD Advanced Micro Devices | New | 0.05% | +0.05 |
| RBRK Rubrik Inc. Class A | New | 0.05% | +0.05 |
| LRCX Lam Research Corp. | Add +25.5% | 0.09% | +0.05 |
| CAT Caterpillar Inc. | Add +74.9% | 0.08% | +0.05 |
| RCAT Red Cat Holdings Inc. | Add +86.7% | 0.18% | +0.04 |
| GEV GE Vernova Inc. | Add +12.8% | 0.17% | +0.04 |
| WTAI Wisdomtree AI and Innovation | Add +1.6% | 0.13% | +0.04 |
| SCHK Schwab 1000 Index ETF | Add +0.2% | 3.83% | +0.04 |
| CRS Carpenter Technology | Add +104.8% | 0.07% | +0.04 |
| UNH Unitedhealth Group Inc. | Add +60.3% | 0.08% | +0.04 |
| SNPS Synopsys Inc. | New | 0.04% | +0.04 |
| MDY State Street SPDR S&P Midcap | Add +0.7% | 5.38% | +0.04 |
| DELL Dell Technologies -C | Add +20.1% | 0.06% | +0.04 |
| AVGO Broadcom Inc. | Add +14.5% | 0.21% | +0.04 |
| AON Aon PLC Class A | Add +157.1% | 0.07% | +0.04 |
| ARTY iShares Future AI & Tech ETF | Add +1.7% | 0.12% | +0.04 |
| STX Seagate Technology Holdings | New | 0.04% | +0.04 |
| WCN Waste Connections Inc. | New | 0.04% | +0.04 |
| FIX Comfort Systems USA Inc. | Add +1.9% | 0.16% | +0.04 |
| HPE Hewlett Packard Enterprise | New | 0.03% | +0.03 |
| DTE DTE Energy Company | New | 0.03% | +0.03 |
| COF Capital One Financial Corp. | Add +97.6% | 0.07% | +0.03 |
| TER Teradyne Inc. | Add +3.2% | 0.10% | +0.03 |
| FDS Factset Research Systems Inc. | New | 0.03% | +0.03 |
| NET Cloudflare Inc. Class A | New | 0.03% | +0.03 |
| WAL Western Alliance Bancorp | New | 0.03% | +0.03 |
| NVR NVR Inc. | New | 0.03% | +0.03 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.03% | +0.03 |
| CMI Cummins Inc. | Add +16.8% | 0.11% | +0.03 |
| ES Eversource Energy | Add +95.2% | 0.07% | +0.03 |
| IRDM Iridium Communications Inc. | New | 0.03% | +0.03 |
| TXN Texas Instruments Inc. | New | 0.03% | +0.03 |
| VRSN Verisign Inc. | Add +93.5% | 0.07% | +0.03 |
| ABT Abbott Laboratories | Add +208.9% | 0.05% | +0.03 |
| META Meta Platforms Inc. Class A | Add +37.7% | 0.17% | +0.03 |
| ARW Arrow Electronics Inc. | New | 0.03% | +0.03 |
| AMH American Homes 4 Rent- A | New | 0.03% | +0.03 |
| MAA Mid-America Apartment Comm | Add +73.3% | 0.06% | +0.02 |
| SYY Sysco Corp. | Add +90.4% | 0.05% | +0.02 |
Options Activity Q1 2026 → Q2 2026
| NOW ServiceNow Inc. | call | Sold out | 1,000 | $105Kbefore exit |
| TEAM Atlassian Corp. Class A | call | New | 100 | $8K |
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 | 543 | $2.0B | FDX, PAVE, FNDA, MDY, FDXF |
| Q1 2026 | 449 | $1.8B | FDX, PAVE, GCOW, MDY, FNDA |
| Q4 2025 | 379 | $1.5B | FDX, PAVE, MDY, FNDA, DGRW |
| Q3 2025 | 325 | $1.2B | FDX, PAVE, MDY, DGRW, FNDA |
| Q2 2025 | 243 | $936.8M | MDY, PAVE, DGRW, FNDA, AUSF |
| Q1 2025Amended | 159 | $823.6M | MDY, DGRW, FNDA, WELD, AUSF |
| Q4 2024Amended | 154 | $981.0M | RCAT, MDY, FNDA, DGRW, IOO |
| Q3 2024 | 150 | $822.1M | MDY, FNDA, DGRW, IOO, VSS |
| Q2 2024 | 138 | $760.0M | MDY, FNDA, DGRW, IOO, VSS |
| Q1 2024 | 140 | $739.8M | MDY, FNDA, DGRW, IOO, CAPE |