Waddell & Associates, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), Waddell & Associates, LLC reported 138 stock positions worth $760.0 million. Its top holding was State Street SPDR S&P Midcap (MDY) at 9.6% of the portfolio, followed by Schwab Fndmntl US SM Co. ETF (FNDA, 9.1%) and Wisdomtree U.S. Quality Divi (DGRW, 9.1%). Compared with Q1 2024, it opened 6 new positions, sold out of 8, added to 67 and reduced 37. The biggest buy was iShares Global 100 ETF (IOO, shares +1%) and the biggest sale Doubleline Shiller Cape US (CAPE, shares −0%).

Most Recent 13F
Q2 2026
Location
MEMPHIS, TN
CIK
0001776757
Portfolio Value
$760.0M (Q2 2024)
SEC Filing
0001765380-24-000289 ↗ filed Aug 6, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $739.8M Q1 2024 Q2 2024: $760.0M $760.0M Q2 2024 Q3 2024: $822.1M Q3 2024 Q4 2024: $981.0M Q4 2024 Q1 2025: $823.6M Q1 2025 Q2 2025: $936.8M Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $1.5B Q4 2025 Q1 2026: $1.8B Q1 2026 Q2 2026: $2.0B Q2 2026

Holdings 138 stocks · $760.0M
MDY State Street SPDR S&P Midcap 9.60% 136,396 $73.0M Add +1.1%
FNDA Schwab Fndmntl US SM Co. ETF 9.06% 1,253,794 $68.9M Add +1.9%
DGRW Wisdomtree U.S. Quality Divi 9.05% 881,374 $68.8M Add +1.4%
IOO iShares Global 100 ETF 8.49% 667,847 $64.5M Add +0.6%
VSS Vanguard Ftse All Wo X-US SC 7.26% 469,663 $55.2M Add +3.0%
CAPE Doubleline Shiller Cape US 7.12% 1,952,955 $54.1M Reduce -0.1%
SCHK Schwab 1000 Index ETF 6.54% 949,525 $49.7M Reduce -0.0%
IEFA iShares Core MSCI Eafe ETF 5.03% 526,399 $38.2M Add +1.1%
QQQM Invesco Nasdaq 100 ETF 4.80% 184,942 $36.5M Add +0.4%
EWX State Street SPDR S&P Emergi 4.40% 577,157 $33.4M Add +1.7%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 4.23% 362,412 $32.2M Add +1.3%
AVEM Avantis Emerging Markets Eq 3.85% 478,917 $29.3M Add +2.4%
VT Vanguard Tot World STK ETF 1.99% 134,044 $15.1M Reduce -0.1%
AAPL Apple Inc. 1.13% 40,771 $8.6M Add +9.9%
DBND Doubleline Oppor Cor BND-Usd 1.10% 184,570 $8.4M Add +0.6%
MSFT Microsoft Corp. 0.85% 14,411 $6.4M Reduce -0.5%
VLUE iShares MSCI USA Value Facto 0.79% 57,987 $6.0M Reduce -3.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.75% 10,416 $5.7M Add +26.4%
LLY Eli Lilly & Co. 0.73% 6,150 $5.6M Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.65% 12,149 $4.9M Reduce -0.1%
CGV Conductor Global Eq Val ETF 0.59% 349,045 $4.5M Reduce -6.4%
EFA iShares MSCI Eafe ETF 0.45% 43,686 $3.4M Reduce -0.1%
VXUS Vanguard Total Intl Stock 0.45% 56,173 $3.4M Reduce -0.3%
NVDA Nvidia Corp. 0.38% 23,453 $2.9M Add +49.6%
ACWI iShares MSCI Acwi ETF 0.38% 25,518 $2.9M Reduce -0.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.38% 17,871 $2.9M Add +1.1%
VOO Vanguard S&P 500 ETF 0.34% 5,241 $2.6M Reduce -0.6%
WMT Walmart Inc. 0.34% 37,914 $2.6M Add +0.3%
GOOG Alphabet Inc. Class C 0.32% 13,309 $2.4M Add +2.5%
JPM JPMorgan Chase & Co. 0.32% 11,850 $2.4M Add +1.7%
PHYS Sprott Physical Gold Trust 0.27% 115,559 $2.1M Add +7.3%
AZO AutoZone Inc. 0.27% 683 $2.0M Add +2.7%
IYW iShares Ustechnology ETF 0.26% 13,098 $2.0M Add +0.1%
CEF Sprott Physical Gold and Sil 0.24% 81,056 $1.8M Reduce -0.3%
HD Home Depot Inc. 0.23% 5,037 $1.7M Add +1.4%
PSLV Sprott Physical Silver Trust 0.23% 174,431 $1.7M Reduce -7.0%
XOM Exxon Mobil Corp. 0.21% 14,045 $1.6M Add +0.6%
PG The Procter & Gamble Co. 0.21% 9,792 $1.6M Add +0.1%
DFAE Dimensional Emerging Core Eq 0.20% 58,612 $1.5M Reduce -0.7%
CVX Chevron Corp. 0.18% 8,966 $1.4M Reduce -1.2%
KO The Coca-Cola Co. 0.17% 20,500 $1.3M Add +1.6%
WST West Pharmaceutical Services 0.17% 3,900 $1.3M No change
FDX FedEx Corp. 0.16% 4,118 $1.2M Reduce -0.7%
META Meta Platforms Inc. Class A 0.16% 2,369 $1.2M Add +1.9%
GOOGL Alphabet Inc. Class A 0.16% 6,497 $1.2M Add +2.1%
AFL Aflac Inc. 0.14% 12,131 $1.1M Add +0.6%
ORCL Oracle Corp. 0.14% 7,525 $1.1M Add +3.5%
WTAI Wisdomtree AI and Innovation 0.13% 48,353 $1.0M Reduce -1.6%
SPMD SS SPDR P S&P 400 Midcap ETF 0.13% 19,618 $1.0M Reduce -1.9%
ARTY iShares Future AI & Tech ETF 0.12% 27,694 $919K Reduce -1.4%
MRK Merck & Co. Inc. 0.12% 7,330 $907K Add +0.0%
AMZN Amazon.com Inc. 0.12% 4,587 $886K Add +16.3%
NFLX Netflix Inc. 0.12% 1,309 $883K Add +1.9%
EW Edwards Lifesciences Corp. 0.11% 9,435 $872K Add +10.3%
JNJ Johnson & Johnson 0.11% 5,938 $868K Add +6.1%
PSA Public Storage 0.11% 2,935 $844K Add +53.9%
CL Colgate-Palmolive Co. 0.11% 8,356 $811K No change
ISCF iShares International Small 0.10% 24,593 $793K Reduce -0.4%
QQQ Invesco QQQ Trust Series 1 0.10% 1,633 $782K No change
V Visa Inc. Class A 0.10% 2,961 $777K Reduce -0.1%
ALL Allstate Corp. 0.10% 4,723 $754K Add +2.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 4,152 $718K Add +0.3%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.09% 18,583 $709K Reduce -5.2%
PEP Pepsico Inc. 0.09% 4,211 $695K Reduce -0.1%
PFE Pfizer Inc. 0.09% 24,590 $688K Add +88.5%
RF Regions Financial Corp. 0.08% 31,220 $626K Add +3.5%
USMV iShares MSCI USA Min Vol Fac 0.08% 6,853 $575K Reduce -1.4%
GSIE Goldman Sachs Activebeta Int 0.08% 17,039 $573K No change
EEM iShares MSCI Emerging Market 0.07% 12,949 $551K No change
AMAT Applied Materials Inc. 0.07% 2,265 $535K Add +0.6%
ORLY O'reilly Automotive Inc. 0.07% 492 $520K No change
COHR Coherent Corp. 0.07% 7,150 $518K No change
UNH Unitedhealth Group Inc. 0.07% 1,005 $512K Add +5.2%
DELL Dell Technologies -C 0.07% 3,662 $505K New
QUAL iShares MSCI USA Quality Fac 0.07% 2,919 $498K Add +36.1%
INTC Intel Corp. 0.07% 16,042 $497K Reduce -1.4%
PGR Progressive Corp. 0.06% 2,309 $480K No change
AXP American Express Co. 0.06% 2,036 $471K No change
CSCO Cisco Systems Inc. 0.06% 9,884 $470K Add +1.9%
PPI Astoria Real Assets ETF 0.06% 30,098 $448K New
BKNG Booking Holdings Inc. 0.06% 111 $440K Add +4.7%
UNP Union Pacific Corp. 0.06% 1,898 $429K Add +1.3%
ELV Elevance Health Inc. 0.06% 789 $428K No change
WFC Wells Fargo & Co. 0.06% 7,142 $424K Add +9.1%
GS Goldman Sachs Group Inc. 0.05% 878 $397K Reduce -1.4%
PTMC Pacer Trendpilot US Mid Cap 0.05% 11,270 $392K No change
CRM Salesforce Inc. 0.05% 1,523 $392K Add +3.1%
SYY Sysco Corp. 0.05% 5,379 $384K Add +7.5%
DUK Duke Energy Corp. 0.05% 3,753 $376K Add +2.7%
VEU Vanguard Ftse All-World Ex-U 0.05% 6,400 $375K No change
ACN Accenture PLC Class A 0.05% 1,224 $371K Add +0.7%
MPC Marathon Petroleum Corp. 0.05% 2,132 $370K No change
SPGI S&P Global Inc. 0.05% 797 $355K No change
QCOM Qualcomm Inc. 0.05% 1,775 $354K Add +10.0%
PWZ Invesco California Amt-Free 0.05% 14,125 $348K No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.05% 3,654 $348K New
GD General Dynamics Corp. 0.05% 1,193 $346K New
ABBV Abbvie Inc. 0.04% 1,955 $335K Add +4.0%
BKR Baker Hughes Co. 0.04% 9,494 $334K Add +0.1%
LPX Louisiana-Pacific Corp. 0.04% 4,000 $329K No change
AVGO Broadcom Inc. 0.04% 205 $329K Add +13.3%
GLOF iShares Global Equity Factor 0.04% 7,753 $329K No change
T AT&T Inc. 0.04% 16,867 $322K Reduce -5.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 7,973 $317K Reduce -4.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.04% 3,192 $317K Add +1.0%
MDLZ Mondelez International Inc. Class A 0.04% 4,732 $310K Add +3.8%
MS Morgan Stanley 0.04% 3,178 $309K Add +4.7%
CAMX Cambiar Aggressive Value ETF 0.04% 10,804 $308K No change
GUNR NT Mstar GLBL NR ETF 0.04% 7,571 $304K New
SCHW Schwab (charles) Corp. 0.04% 4,107 $303K Add +2.0%
BDX Becton Dickinson and Co. 0.04% 1,294 $302K Add +0.4%
MCD McDonald's Corp. 0.04% 1,171 $298K Add +17.9%
MU Micron Technology Inc. 0.04% 2,261 $297K Reduce -5.2%
FMHI First Trust Municipal High I 0.04% 5,920 $286K Reduce -9.2%
NEM Newmont Corp. 0.04% 6,669 $279K Reduce -0.2%
EQIX Equinix Inc. 0.04% 365 $276K No change
HLT Hilton Worldwide Holdings Inc. 0.04% 1,263 $276K No change
YUM Yum! Brands Inc. 0.04% 2,075 $275K No change
KMB Kimberly-Clark Corp. 0.04% 1,978 $273K Add +1.5%
SYK Stryker Corp. 0.04% 797 $271K Reduce -54.7%
MAA Mid-America Apartment Comm 0.03% 1,836 $262K Add +0.2%
MAR Marriott International Class A 0.03% 1,053 $255K No change
DFAC Dimensional US Core Equity 2 0.03% 7,840 $253K No change
SBUX Starbucks Corp. 0.03% 3,215 $250K Add +3.2%
MNST Monster Beverage Corp. 0.03% 4,849 $242K No change
CCOR Core Alternative ETF 0.03% 9,490 $236K Reduce -73.3%
ES Eversource Energy 0.03% 4,130 $234K Reduce -0.5%
CMI Cummins Inc. 0.03% 842 $233K No change
QEFA STSR SPD MSC Eaf Stgfs-US Inc. 0.03% 3,000 $224K No change
FTNT Fortinet Inc. 0.03% 3,500 $211K No change
LOW Lowe's Cos Inc. 0.03% 954 $210K Reduce -3.7%
MOAT Vaneck Morningstar Wide Moat 0.03% 2,419 $210K Add +0.4%
LPLA LPL Financial Holdings Inc. 0.03% 746 $208K New
TXT Textron Inc. 0.03% 2,400 $206K No change
CRT Cross Timbers Royalty Trust 0.02% 13,771 $148K Reduce -6.0%
OXFORD LANE CAP CORP 0.02% 22,960 $124K Add +5.0%
ECC Eagle Point Credit Co. 0.01% 10,508 $106K Reduce -1.3%
LOAN Manhattan Bridge Capital Inc. 0.01% 77,118 $77K Add +3.9%

Portfolio Sells Q1 2024 → Q2 2024
CAPE Doubleline Shiller Cape US Reduce -0.1% 7.12% −0.27
CCOR Core Alternative ETF Reduce -73.3% 0.03% −0.10
VLUE iShares MSCI USA Value Facto Reduce -3.1% 0.79% −0.09
CGV Conductor Global Eq Val ETF Reduce -6.4% 0.59% −0.08
FBTC Fidelity Wise Origin Bitcoin Sold out 0.00% −0.05
SYK Stryker Corp. Reduce -54.7% 0.04% −0.05
BA The Boeing Co. Sold out 0.00% −0.05
LYB Lyondellbasell Indu Class A Sold out 0.00% −0.04
NOC Northrop Grumman Corp. Sold out 0.00% −0.04
PLD Prologis Inc. Sold out 0.00% −0.04
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 0.65% −0.04
INTC Intel Corp. Reduce -1.4% 0.07% −0.03
COP Conocophillips Sold out 0.00% −0.03
AON Aon PLC Class A Sold out 0.00% −0.03
EFA iShares MSCI Eafe ETF Reduce -0.1% 0.45% −0.02
FHN First Horizon Corp. Sold out 0.00% −0.02
VT Vanguard Tot World STK ETF Reduce -0.1% 1.99% −0.02
VXUS Vanguard Total Intl Stock Reduce -0.3% 0.45% −0.01
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -1.9% 0.13% −0.01
PRFZ Inv Rafi US 1500 SM-Usd Inc. Reduce -5.2% 0.09% −0.01
V Visa Inc. Class A Reduce -0.1% 0.10% −0.01
ARTY iShares Future AI & Tech ETF Reduce -1.4% 0.12% −0.01
CVX Chevron Corp. Reduce -1.2% 0.18% −0.01
PEP Pepsico Inc. Reduce -0.1% 0.09% −0.01
LOW Lowe's Cos Inc. Reduce -3.7% 0.03% −0.01
CRT Cross Timbers Royalty Trust Reduce -6.0% 0.02% −0.01
ISCF iShares International Small Reduce -0.4% 0.10% −0.01
WTAI Wisdomtree AI and Innovation Reduce -1.6% 0.13% −0.01
FMHI First Trust Municipal High I Reduce -9.2% 0.04% −0.00
ACWI iShares MSCI Acwi ETF Reduce -0.3% 0.38% −0.00
USMV iShares MSCI USA Min Vol Fac Reduce -1.4% 0.08% −0.00
ES Eversource Energy Reduce -0.5% 0.03% −0.00
BAC Bank of America Corp. Reduce -4.2% 0.04% −0.00
ECC Eagle Point Credit Co. Reduce -1.3% 0.01% −0.00
T AT&T Inc. Reduce -5.4% 0.04% 0.00
FDX FedEx Corp. Reduce -0.7% 0.16% 0.00
MU Micron Technology Inc. Reduce -5.2% 0.04% +0.00
GS Goldman Sachs Group Inc. Reduce -1.4% 0.05% +0.00
DFAE Dimensional Emerging Core Eq Reduce -0.7% 0.20% +0.00
VOO Vanguard S&P 500 ETF Reduce -0.6% 0.34% +0.00
NEM Newmont Corp. Reduce -0.2% 0.04% +0.00
CEF Sprott Physical Gold and Sil Reduce -0.3% 0.24% +0.01
PSLV Sprott Physical Silver Trust Reduce -7.0% 0.23% +0.02
MSFT Microsoft Corp. Reduce -0.5% 0.85% +0.02
SCHK Schwab 1000 Index ETF Reduce -0.0% 6.54% +0.03

Portfolio Buys Q1 2024 → Q2 2024
IOO iShares Global 100 ETF Add +0.6% 8.49% +0.46
AAPL Apple Inc. Add +9.9% 1.13% +0.27
QQQM Invesco Nasdaq 100 ETF Add +0.4% 4.80% +0.25
NVDA Nvidia Corp. Add +49.6% 0.38% +0.19
AVEM Avantis Emerging Markets Eq Add +2.4% 3.85% +0.19
SPY SS SPDR S&P 500 ETF Trust-US Add +26.4% 0.75% +0.16
EWX State Street SPDR S&P Emergi Add +1.7% 4.40% +0.12
DGRW Wisdomtree U.S. Quality Divi Add +1.4% 9.05% +0.10
LLY Eli Lilly & Co. Add +0.2% 0.73% +0.09
DELL Dell Technologies -C New 0.07% +0.07
VSS Vanguard Ftse All Wo X-US SC Add +3.0% 7.26% +0.06
PPI Astoria Real Assets ETF New 0.06% +0.06
GOOG Alphabet Inc. Class C Add +2.5% 0.32% +0.05
IFF Intl Flavors & Fragrances New 0.05% +0.05
GD General Dynamics Corp. New 0.05% +0.05
PFE Pfizer Inc. Add +88.5% 0.09% +0.04
GUNR NT Mstar GLBL NR ETF New 0.04% +0.04
PSA Public Storage Add +53.9% 0.11% +0.04
WMT Walmart Inc. Add +0.3% 0.34% +0.03
LPLA LPL Financial Holdings Inc. New 0.03% +0.03
GOOGL Alphabet Inc. Class A Add +2.1% 0.16% +0.03
PHYS Sprott Physical Gold Trust Add +7.3% 0.27% +0.02
AMZN Amazon.com Inc. Add +16.3% 0.12% +0.02
IYW iShares Ustechnology ETF Add +0.1% 0.26% +0.02
QUAL iShares MSCI USA Quality Fac Add +36.1% 0.07% +0.02
ORCL Oracle Corp. Add +3.5% 0.14% +0.02
AVGO Broadcom Inc. Add +13.3% 0.04% +0.01
NFLX Netflix Inc. Add +1.9% 0.12% +0.01
QCOM Qualcomm Inc. Add +10.0% 0.05% +0.01
AMAT Applied Materials Inc. Add +0.6% 0.07% +0.01
BKNG Booking Holdings Inc. Add +4.7% 0.06% +0.01
KO The Coca-Cola Co. Add +1.6% 0.17% +0.00
META Meta Platforms Inc. Class A Add +1.9% 0.16% +0.00
WFC Wells Fargo & Co. Add +9.1% 0.06% +0.00
EW Edwards Lifesciences Corp. Add +10.3% 0.11% +0.00
UNH Unitedhealth Group Inc. Add +5.2% 0.07% +0.00
AFL Aflac Inc. Add +0.6% 0.14% +0.00
MS Morgan Stanley Add +4.7% 0.04% +0.00
KMB Kimberly-Clark Corp. Add +1.5% 0.04% +0.00
MAA Mid-America Apartment Comm Add +0.2% 0.03% +0.00
DUK Duke Energy Corp. Add +2.7% 0.05% +0.00
MCD McDonald's Corp. Add +17.9% 0.04% +0.00
OXFORD LANE CAP CORP Add +5.0% 0.02% +0.00
BKR Baker Hughes Co. Add +0.1% 0.04% +0.00
SCHW Schwab (charles) Corp. Add +2.0% 0.04% +0.00
LOAN Manhattan Bridge Capital Inc. Add +3.9% 0.01% +0.00
JPM JPMorgan Chase & Co. Add +1.7% 0.32% 0.00
MOAT Vaneck Morningstar Wide Moat Add +0.4% 0.03% −0.00
PG The Procter & Gamble Co. Add +0.1% 0.21% −0.00
ABBV Abbvie Inc. Add +4.0% 0.04% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 543$2.0BFDX, PAVE, FNDA, MDY, FDXF
Q1 2026 449$1.8BFDX, PAVE, GCOW, MDY, FNDA
Q4 2025 379$1.5BFDX, PAVE, MDY, FNDA, DGRW
Q3 2025 325$1.2BFDX, PAVE, MDY, DGRW, FNDA
Q2 2025 243$936.8MMDY, PAVE, DGRW, FNDA, AUSF
Q1 2025Amended 159$823.6MMDY, DGRW, FNDA, WELD, AUSF
Q4 2024Amended 154$981.0MRCAT, MDY, FNDA, DGRW, IOO
Q3 2024 150$822.1MMDY, FNDA, DGRW, IOO, VSS
Q2 2024 138$760.0MMDY, FNDA, DGRW, IOO, VSS
Q1 2024 140$739.8MMDY, FNDA, DGRW, IOO, CAPE