Wallace Advisory Group, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Wallace Advisory Group, LLC reported 187 stock positions worth $144.5 million. Its top holding was Merck (MRK) at 8.0% of the portfolio, followed by Chevron (CVX, 4.5%) and Amazon.com (AMZN, 3.7%). Compared with Q4 2024, it opened 19 new positions, sold out of 14, added to 68 and reduced 94. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +198%) and the biggest sale SPDR Gold Minishares Trust (GLDM, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- LAFAYETTE, CA
- CIK
- 0001932645
- Portfolio Value
- $144.5M (Q1 2025)
- SEC Filing
- 0001085146-25-001938 ↗ filed Apr 9, 2025
Holdings Value
Holdings 187 stocks · $144.5M
| MRK Merck & Co. Inc. | 7.98% | 115,960 | $11.5M | Add +0.2% |
| CVX Chevron Corp. | 4.46% | 44,493 | $6.4M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 3.72% | 24,470 | $5.4M | Reduce -10.2% |
| AAPL Apple Inc. | 3.13% | 18,074 | $4.5M | Add +3.0% |
| CI The Cigna Group | 2.33% | 12,173 | $3.4M | Reduce -0.0% |
| MSFT Microsoft Corp. | 2.11% | 7,245 | $3.1M | Add +3.5% |
| IVV iShares Core S&P 500 ETF | 2.10% | 5,144 | $3.0M | Add +5.9% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.92% | 30,408 | $2.8M | Add +197.6% |
| GOOGL Alphabet Inc. Class A | 1.66% | 12,654 | $2.4M | Reduce -3.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.46% | 3,590 | $2.1M | Add +0.6% |
| MA Mastercard Inc. Class A | 1.34% | 3,675 | $1.9M | Reduce -0.6% |
| IEF iShares 7-10 Year Treasury B | 1.21% | 18,938 | $1.8M | Add +2.4% |
| V Visa Inc. Class A | 1.16% | 5,291 | $1.7M | Reduce -0.0% |
| STIP iShares 0-5 Year Tips Bond E | 1.15% | 16,567 | $1.7M | Add +152.4% |
| SHW The Sherwin-Williams Co. | 1.12% | 4,772 | $1.6M | Reduce -4.5% |
| GLDM SPDR Gold Minishares Trust | 1.11% | 30,805 | $1.6M | Reduce -49.1% |
| GOOG Alphabet Inc. Class C | 1.10% | 8,337 | $1.6M | Reduce -0.2% |
| NVDA Nvidia Corp. | 1.07% | 11,534 | $1.5M | Add +17.2% |
| TMO Thermo Fisher Scientific Inc. | 1.04% | 2,900 | $1.5M | Reduce -1.4% |
| JPST JPMorgan Ultra-Short Income | 1.03% | 29,514 | $1.5M | Reduce -2.0% |
| ADBE Adobe Inc. | 1.01% | 3,290 | $1.5M | Reduce -0.0% |
| SHOP Shopify Inc. Class A | 0.98% | 13,342 | $1.4M | Reduce -0.1% |
| ORCL Oracle Corp. | 0.96% | 8,340 | $1.4M | Add +29.9% |
| VIG Vanguard Dividend Apprec ETF | 0.95% | 7,030 | $1.4M | Reduce -6.4% |
| NOW ServiceNow Inc. | 0.95% | 1,298 | $1.4M | Reduce -20.0% |
| NFLX Netflix Inc. | 0.92% | 1,487 | $1.3M | Add +1.8% |
| PM Philip Morris International | 0.82% | 9,800 | $1.2M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.81% | 19,661 | $1.2M | Reduce -14.5% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.80% | 13,193 | $1.2M | Add +46.9% |
| UNH Unitedhealth Group Inc. | 0.79% | 2,252 | $1.1M | Reduce -18.4% |
| TIP iShares Tips Bond ETF | 0.77% | 10,492 | $1.1M | Reduce -34.5% |
| ABT Abbott Laboratories | 0.71% | 9,017 | $1.0M | Reduce -0.4% |
| WFC Wells Fargo & Co. | 0.69% | 14,099 | $990K | Reduce -16.8% |
| JPM JPMorgan Chase & Co. | 0.68% | 4,127 | $989K | Reduce -1.6% |
| MSCI MSCI Inc. | 0.67% | 1,612 | $967K | Add +1.1% |
| JD Jd.com Inc.-ADR | 0.66% | 27,681 | $960K | Add +0.9% |
| SPXL Direxion Daily S&P 500 Bull | 0.66% | 5,684 | $959K | Add +12.2% |
| JNJ Johnson & Johnson | 0.64% | 6,430 | $930K | Reduce -1.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.64% | 10,754 | $925K | Reduce -7.6% |
| ZTS Zoetis Inc. | 0.64% | 5,637 | $918K | Add +26.9% |
| INDA iShares MSCI India ETF | 0.61% | 16,852 | $887K | Reduce -34.4% |
| T AT&T Inc. | 0.60% | 38,184 | $869K | Add +0.2% |
| LLY Eli Lilly & Co. | 0.59% | 1,101 | $850K | Add +203.3% |
| VOO Vanguard S&P 500 ETF | 0.58% | 1,565 | $843K | New |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.58% | 24,494 | $836K | Add +7.5% |
| ACN Accenture PLC Class A | 0.57% | 2,353 | $828K | Reduce -7.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 3,695 | $812K | Add +0.1% |
| VXUS Vanguard Total Intl Stock | 0.56% | 13,689 | $807K | New |
| LOW Lowe's Cos Inc. | 0.55% | 3,194 | $788K | Reduce -17.5% |
| VZ Verizon Communications Inc. | 0.54% | 19,561 | $782K | Add +0.0% |
| ABNB Airbnb Inc. Class A | 0.54% | 5,935 | $780K | Reduce -1.1% |
| WDAY Workday Inc. Class A | 0.54% | 3,008 | $776K | Add +0.1% |
| SHLD Global X Defense Tech ETF | 0.54% | 20,678 | $774K | Reduce -5.2% |
| QUAL iShares MSCI USA Quality Fac | 0.48% | 3,925 | $699K | Reduce -65.1% |
| RTX RTX Corp. | 0.47% | 5,851 | $677K | Reduce -0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.47% | 5,592 | $676K | Reduce -0.5% |
| SPEM State Street SP PTF Em ETF | 0.46% | 17,428 | $669K | Add +34.3% |
| MDT Medtronic PLC | 0.45% | 8,204 | $655K | Add +0.6% |
| IJH iShares Core S&P Midcap ETF | 0.45% | 10,407 | $648K | Add +4.7% |
| USB US Bancorp | 0.43% | 13,097 | $626K | Reduce -2.5% |
| BA The Boeing Co. | 0.43% | 3,526 | $624K | Add +31.9% |
| FISV Fiserv Inc. | 0.42% | 2,964 | $609K | Reduce -7.1% |
| CPRT Copart Inc. | 0.42% | 10,466 | $601K | Reduce -1.0% |
| BKNG Booking Holdings Inc. | 0.41% | 120 | $596K | Reduce -17.8% |
| TSLA Tesla Inc. | 0.41% | 1,474 | $595K | Add +18.4% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.41% | 6,525 | $590K | Reduce -11.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.41% | 13,399 | $589K | Reduce -1.6% |
| INTU Intuit Inc. | 0.41% | 931 | $585K | Reduce -0.4% |
| GOVT iShares US Treasury Bond ETF | 0.40% | 25,269 | $581K | Add +7.6% |
| EPAM Epam Systems Inc. | 0.40% | 2,446 | $572K | Reduce -0.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.39% | 11,124 | $569K | Reduce -12.8% |
| APH Amphenol Corp. Class A | 0.38% | 7,949 | $552K | Reduce -0.1% |
| PCG P G & E Corp. | 0.38% | 27,130 | $547K | Reduce -0.8% |
| AVGO Broadcom Inc. | 0.38% | 2,337 | $542K | Add +27.7% |
| SPGI S&P Global Inc. | 0.37% | 1,078 | $537K | Reduce -1.6% |
| ASML ASML Holding NV-NY Reg SHS | 0.37% | 773 | $536K | Add +175.1% |
| OLLI Ollie's Bargain Outlet Holdi | 0.37% | 4,879 | $535K | Add +64.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.36% | 1,160 | $526K | Add +139.7% |
| C Citigroup Inc. | 0.36% | 7,309 | $514K | Reduce -1.5% |
| VEA Vanguard Ftse Developed ETF | 0.35% | 10,707 | $512K | Add +173.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 990 | $506K | Reduce -19.0% |
| AMT American Tower Corp. | 0.35% | 2,747 | $504K | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.35% | 1,386 | $503K | Add +39.7% |
| ABBV Abbvie Inc. | 0.35% | 2,824 | $502K | Reduce -1.5% |
| HD Home Depot Inc. | 0.35% | 1,285 | $500K | Reduce -9.3% |
| BAH Booz Allen Hamilton Holdings | 0.34% | 3,815 | $491K | Add +13.3% |
| SHEL Shell PLC-ADR | 0.34% | 7,805 | $489K | Add +0.3% |
| USDU Wisdomtree BBG Usd Bullish | 0.34% | 17,615 | $487K | New |
| UPS United Parcel Service Class B | 0.34% | 3,844 | $485K | Reduce -5.1% |
| ADSK Autodesk Inc. | 0.33% | 1,614 | $477K | Reduce -9.3% |
| GDDY GoDaddy Inc. Class A | 0.33% | 2,410 | $476K | Add +13.0% |
| KO The Coca-Cola Co. | 0.32% | 7,495 | $467K | Reduce -0.2% |
| AES AES Corp. | 0.32% | 35,408 | $456K | Add +46.4% |
| BMY Bristol-Myers Squibb Co. | 0.31% | 8,031 | $454K | Add +0.8% |
| SAP Sap SE-Sponsored ADR | 0.31% | 1,839 | $453K | Add +5.9% |
| PAYC Paycom Software Inc. | 0.31% | 2,202 | $451K | Reduce -0.3% |
| CNC Centene Corp. | 0.31% | 7,306 | $443K | Add +60.9% |
| BANK MONTREAL QUE | 0.31% | 756 | $441K | No change |
| GLW Corning Inc. | 0.30% | 9,250 | $440K | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 0.30% | 4,024 | $433K | Add +1.2% |
Portfolio Sells Q4 2024 → Q1 2025
| GLDM SPDR Gold Minishares Trust | Reduce -49.1% | 1.11% | −1.07 |
| QUAL iShares MSCI USA Quality Fac | Reduce -65.1% | 0.48% | −0.91 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Reduce -86.0% | 0.14% | −0.86 |
| CI The Cigna Group | Reduce -0.0% | 2.33% | −0.59 |
| TIP iShares Tips Bond ETF | Reduce -34.5% | 0.77% | −0.45 |
| INDA iShares MSCI India ETF | Reduce -34.4% | 0.61% | −0.42 |
| UNH Unitedhealth Group Inc. | Reduce -18.4% | 0.79% | −0.33 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -7.6% | 0.64% | −0.32 |
| MKL Markel Group Inc. | Sold out | 0.00% | −0.30 |
| ICLR Icon PLC | Sold out | 0.00% | −0.22 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.4% | 1.04% | −0.21 |
| JQUA JPMorgan US Quality Factor | Sold out | 0.00% | −0.20 |
| SHW The Sherwin-Williams Co. | Reduce -4.5% | 1.12% | −0.20 |
| TTWO Take-Two Interactive Softwre | Sold out | 0.00% | −0.19 |
| HUM Humana Inc. | Sold out | 0.00% | −0.18 |
| LOW Lowe's Cos Inc. | Reduce -17.5% | 0.55% | −0.18 |
| RYAN Ryan Specialty Holdings Inc. | Reduce -45.0% | 0.20% | −0.18 |
| IDXX Idexx Laboratories Inc. | Sold out | 0.00% | −0.17 |
| ADBE Adobe Inc. | Reduce -0.0% | 1.01% | −0.17 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.16 |
| HEI.A Heico Corp. Class A | Sold out | 0.00% | −0.14 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.14 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.14 |
| PGX Invesco Preferred ETF | Sold out | 0.00% | −0.13 |
| IT Gartner Inc. | Reduce -30.7% | 0.23% | −0.12 |
| POOL Pool Corp. | Reduce -23.3% | 0.26% | −0.11 |
| AMT American Tower Corp. | Reduce -0.1% | 0.35% | −0.09 |
| FE Firstenergy Corp. | Reduce -16.5% | 0.28% | −0.09 |
| JNJ Johnson & Johnson | Reduce -1.8% | 0.64% | −0.09 |
| HLN Haleon PLC-ADR | Sold out | 0.00% | −0.09 |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | Reduce -27.3% | 0.16% | −0.08 |
| VIG Vanguard Dividend Apprec ETF | Reduce -6.4% | 0.95% | −0.08 |
| CVX Chevron Corp. | Reduce -0.1% | 4.46% | −0.07 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -12.8% | 0.39% | −0.07 |
| SLYG SS SPDR S&P 600 SC GR ETF | Reduce -11.8% | 0.41% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -19.0% | 0.35% | −0.06 |
| B Barrick Gold Corp. | Reduce -0.2% | 0.21% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -11.4% | 0.21% | −0.05 |
| HD Home Depot Inc. | Reduce -9.3% | 0.35% | −0.05 |
| NOW ServiceNow Inc. | Reduce -20.0% | 0.95% | −0.05 |
| KO The Coca-Cola Co. | Reduce -0.2% | 0.32% | −0.05 |
| NMR Nomura Holdings Inc.-Spon ADR | Sold out | 0.00% | −0.05 |
| ACN Accenture PLC Class A | Reduce -7.5% | 0.57% | −0.05 |
| UPS United Parcel Service Class B | Reduce -5.1% | 0.34% | −0.05 |
| ABBV Abbvie Inc. | Reduce -1.5% | 0.35% | −0.04 |
| AZPN Aspen Technology Inc. | Reduce -24.4% | 0.16% | −0.04 |
| CSCO Cisco Systems Inc. | Reduce -14.5% | 0.81% | −0.04 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -21.1% | 0.18% | −0.04 |
| MPC Marathon Petroleum Corp. | Reduce -1.0% | 0.21% | −0.04 |
| CTAS Cintas Corp. | Reduce -3.3% | 0.20% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +197.6% | 1.92% | +1.28 |
| STIP iShares 0-5 Year Tips Bond E | Add +152.4% | 1.15% | +0.69 |
| VOO Vanguard S&P 500 ETF | New | 0.58% | +0.58 |
| VXUS Vanguard Total Intl Stock | New | 0.56% | +0.56 |
| LLY Eli Lilly & Co. | Add +203.3% | 0.59% | +0.37 |
| USDU Wisdomtree BBG Usd Bullish | New | 0.34% | +0.34 |
| AAPL Apple Inc. | Add +3.0% | 3.13% | +0.31 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +46.9% | 0.80% | +0.29 |
| CSGP Costar Group Inc. | New | 0.25% | +0.25 |
| NVDA Nvidia Corp. | Add +17.2% | 1.07% | +0.25 |
| MELI MercadoLibre Inc. | New | 0.23% | +0.23 |
| VEA Vanguard Ftse Developed ETF | Add +173.2% | 0.35% | +0.21 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +139.7% | 0.36% | +0.21 |
| ASML ASML Holding NV-NY Reg SHS | Add +175.1% | 0.37% | +0.21 |
| SFM Sprouts Farmers Market Inc. | New | 0.21% | +0.21 |
| ORCL Oracle Corp. | Add +29.9% | 0.96% | +0.21 |
| NFLX Netflix Inc. | Add +1.8% | 0.92% | +0.20 |
| TSLA Tesla Inc. | Add +18.4% | 0.41% | +0.19 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | New | 0.19% | +0.19 |
| EPAC Enerpac Tool Group Corp. | New | 0.18% | +0.18 |
| OLLI Ollie's Bargain Outlet Holdi | Add +64.3% | 0.37% | +0.17 |
| DIS The Walt Disney Co. | New | 0.16% | +0.16 |
| IVV iShares Core S&P 500 ETF | Add +5.9% | 2.10% | +0.16 |
| AVGO Broadcom Inc. | Add +27.7% | 0.38% | +0.16 |
| SE Sea Ltd.-ADR | New | 0.16% | +0.16 |
| BA The Boeing Co. | Add +31.9% | 0.43% | +0.15 |
| HLI Houlihan Lokey Inc. | New | 0.15% | +0.15 |
| RVLV Revolve Group Inc. Class A | New | 0.15% | +0.15 |
| BR Broadridge Financial Solutio | New | 0.14% | +0.14 |
| GGAL Grupo Financiero Galicia-ADR | New | 0.14% | +0.14 |
| TDC Teradata Corp. | New | 0.14% | +0.14 |
| BIV Vanguard Intermediate-Term B | New | 0.14% | +0.14 |
| BMA Banco Macro SA-ADR | New | 0.14% | +0.14 |
| GDDY GoDaddy Inc. Class A | Add +13.0% | 0.33% | +0.10 |
| SPEM State Street SP PTF Em ETF | Add +34.3% | 0.46% | +0.09 |
| SPXL Direxion Daily S&P 500 Bull | Add +12.2% | 0.66% | +0.09 |
| CAT Caterpillar Inc. | Add +39.7% | 0.35% | +0.08 |
| CNC Centene Corp. | Add +60.9% | 0.31% | +0.07 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +44.1% | 0.22% | +0.07 |
| ERIC Ericsson (lm) Tel-SP ADR | New | 0.06% | +0.06 |
| TIGR Up Fintech Holding Ltd. - ADR | New | 0.06% | +0.06 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +41.9% | 0.13% | +0.05 |
| MS Morgan Stanley | Add +0.8% | 0.29% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 1.46% | +0.04 |
| SAP Sap SE-Sponsored ADR | Add +5.9% | 0.31% | +0.04 |
| ZTS Zoetis Inc. | Add +26.9% | 0.64% | +0.04 |
| AZO AutoZone Inc. | Add +14.4% | 0.23% | +0.03 |
| MSFT Microsoft Corp. | Add +3.5% | 2.11% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +0.8% | 0.31% | +0.03 |
| WDAY Workday Inc. Class A | Add +0.1% | 0.54% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 134 | $106.3M | MRK, CVX, BIL, CI, SPY |
| Q1 2026 | 123 | $93.6M | MRK, CVX, BIL, CI, SPY |
| Q4 2025 | 128 | $95.3M | MRK, CVX, CI, AMZN, SPY |
| Q3 2025 | 168 | $124.4M | MRK, CVX, AMZN, CI, BIL |
| Q2 2025 | 172 | $137.8M | MRK, CVX, AMZN, CI, AAPL |
| Q1 2025 | 187 | $144.5M | MRK, CVX, AMZN, AAPL, CI |
| Q4 2024 | 182 | $144.7M | MRK, CVX, AMZN, CI, AAPL |
| Q3 2024 | 177 | $136.7M | MRK, CVX, AMZN, CI, MSFT |
| Q2 2024 | 178 | $138.9M | MRK, CVX, AMZN, CI, MSFT |
| Q1 2024 | 171 | $133.1M | MRK, CVX, AMZN, CI, EJAN |