Wallace Advisory Group, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 30, 2025), Wallace Advisory Group, LLC reported 172 stock positions worth $137.8 million. Its top holding was Merck (MRK) at 7.6% of the portfolio, followed by Chevron (CVX, 5.5%) and Amazon.com (AMZN, 3.4%). Compared with Q1 2025, it opened 15 new positions, sold out of 30, added to 100 and reduced 51. The biggest buy was a new position in iShares Large Cap Deep Quart (IVVB) and the biggest sale an exit from Vanguard Dividend Apprec ETF (VIG).
- Most Recent 13F
- Q2 2026
- Location
- LAFAYETTE, CA
- CIK
- 0001932645
- Portfolio Value
- $137.8M (Q2 2025)
- SEC Filing
- 0001085146-25-004313 ↗ filed Jul 30, 2025
Holdings Value
Holdings 172 stocks · $137.8M
| MRK Merck & Co. Inc. | 7.56% | 116,013 | $10.4M | Add +0.1% |
| CVX Chevron Corp. | 5.46% | 44,974 | $7.5M | Add +1.1% |
| AMZN Amazon.com Inc. | 3.40% | 24,646 | $4.7M | Add +0.7% |
| CI The Cigna Group | 2.91% | 12,196 | $4.0M | Add +0.2% |
| AAPL Apple Inc. | 2.33% | 14,431 | $3.2M | Reduce -20.2% |
| IVV iShares Core S&P 500 ETF | 2.01% | 4,921 | $2.8M | Reduce -4.3% |
| MSFT Microsoft Corp. | 2.00% | 7,348 | $2.8M | Add +1.4% |
| TIP iShares Tips Bond ETF | 1.72% | 21,273 | $2.4M | Add +102.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.61% | 24,127 | $2.2M | Reduce -20.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.46% | 3,590 | $2.0M | No change |
| MA Mastercard Inc. Class A | 1.42% | 3,557 | $1.9M | Reduce -3.2% |
| V Visa Inc. Class A | 1.33% | 5,247 | $1.8M | Reduce -0.8% |
| GLDM SPDR Gold Minishares Trust | 1.32% | 29,355 | $1.8M | Reduce -4.7% |
| GOOGL Alphabet Inc. Class A | 1.26% | 11,257 | $1.7M | Reduce -11.0% |
| IEF iShares 7-10 Year Treasury B | 1.25% | 18,116 | $1.7M | Reduce -4.3% |
| SHW The Sherwin-Williams Co. | 1.20% | 4,745 | $1.7M | Reduce -0.6% |
| STIP iShares 0-5 Year Tips Bond E | 1.18% | 15,724 | $1.6M | Reduce -5.1% |
| JNJ Johnson & Johnson | 1.14% | 9,489 | $1.6M | Add +47.6% |
| TMO Thermo Fisher Scientific Inc. | 1.08% | 2,990 | $1.5M | Add +3.1% |
| JPST JPMorgan Ultra-Short Income | 1.08% | 29,358 | $1.5M | Reduce -0.5% |
| VZ Verizon Communications Inc. | 1.03% | 31,208 | $1.4M | Add +59.5% |
| IVVB iShares Large Cap Deep Quart | 1.02% | 48,060 | $1.4M | New |
| NVDA Nvidia Corp. | 1.02% | 12,964 | $1.4M | Add +12.4% |
| ORCL Oracle Corp. | 1.01% | 9,999 | $1.4M | Add +19.9% |
| PM Philip Morris International | 0.98% | 8,498 | $1.3M | Reduce -13.3% |
| LLY Eli Lilly & Co. | 0.96% | 1,604 | $1.3M | Add +45.7% |
| VXUS Vanguard Total Intl Stock | 0.94% | 20,953 | $1.3M | Add +53.1% |
| SHOP Shopify Inc. Class A | 0.93% | 13,379 | $1.3M | Add +0.3% |
| ADBE Adobe Inc. | 0.92% | 3,295 | $1.3M | Add +0.1% |
| ABT Abbott Laboratories | 0.89% | 9,215 | $1.2M | Add +2.2% |
| UNH Unitedhealth Group Inc. | 0.86% | 2,254 | $1.2M | Add +0.1% |
| JD Jd.com Inc.-ADR | 0.85% | 28,332 | $1.2M | Add +2.4% |
| ZTS Zoetis Inc. | 0.84% | 7,059 | $1.2M | Add +25.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.77% | 13,177 | $1.1M | Reduce -0.1% |
| SPEM State Street SP PTF Em ETF | 0.73% | 25,609 | $1.0M | Add +46.9% |
| GOOG Alphabet Inc. Class C | 0.72% | 6,350 | $992K | Reduce -23.8% |
| AON Aon PLC Class A | 0.69% | 2,384 | $951K | New |
| MSCI MSCI Inc. | 0.68% | 1,667 | $943K | Add +3.4% |
| JPM JPMorgan Chase & Co. | 0.68% | 3,837 | $941K | Reduce -7.0% |
| CSCO Cisco Systems Inc. | 0.66% | 14,776 | $912K | Reduce -24.9% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.64% | 24,369 | $887K | Reduce -0.5% |
| SPXL Direxion Daily S&P 500 Bull | 0.63% | 6,180 | $868K | Add +8.7% |
| WFC Wells Fargo & Co. | 0.61% | 11,615 | $834K | Reduce -17.6% |
| NFLX Netflix Inc. | 0.60% | 887 | $827K | Reduce -40.4% |
| LOW Lowe's Cos Inc. | 0.60% | 3,531 | $824K | Add +10.6% |
| ACN Accenture PLC Class A | 0.55% | 2,409 | $752K | Add +2.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.55% | 1,411 | $751K | Add +21.6% |
| T AT&T Inc. | 0.54% | 26,531 | $750K | Reduce -30.5% |
| ABNB Airbnb Inc. Class A | 0.53% | 6,121 | $731K | Add +3.1% |
| SHEL Shell PLC-ADR | 0.53% | 9,906 | $726K | Add +26.9% |
| WDAY Workday Inc. Class A | 0.52% | 3,076 | $718K | Add +2.3% |
| CVS CVS Health Corp. | 0.48% | 9,833 | $666K | Add +11.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.48% | 5,456 | $665K | Reduce -2.4% |
| NOW ServiceNow Inc. | 0.48% | 824 | $656K | Reduce -36.5% |
| ABBV Abbvie Inc. | 0.47% | 3,103 | $650K | Add +9.9% |
| RTX RTX Corp. | 0.45% | 4,691 | $621K | Reduce -19.8% |
| MDLZ Mondelez International Inc. Class A | 0.45% | 9,085 | $616K | Add +48.9% |
| AVGO Broadcom Inc. | 0.45% | 3,680 | $616K | Add +57.5% |
| AMT American Tower Corp. | 0.44% | 2,814 | $612K | Add +2.4% |
| BA The Boeing Co. | 0.44% | 3,570 | $609K | Add +1.3% |
| IJH iShares Core S&P Midcap ETF | 0.44% | 10,407 | $607K | No change |
| OLLI Ollie's Bargain Outlet Holdi | 0.43% | 5,140 | $598K | Add +5.3% |
| CPRT Copart Inc. | 0.43% | 10,439 | $591K | Reduce -0.3% |
| GOVT iShares US Treasury Bond ETF | 0.42% | 25,433 | $585K | Add +0.7% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.42% | 11,267 | $575K | Add +1.3% |
| SBUX Starbucks Corp. | 0.41% | 5,792 | $568K | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.41% | 8,145 | $566K | Reduce -24.3% |
| INTU Intuit Inc. | 0.41% | 921 | $565K | Reduce -1.1% |
| PCG P G & E Corp. | 0.41% | 32,609 | $560K | Add +20.2% |
| KO The Coca-Cola Co. | 0.41% | 7,817 | $560K | Add +4.3% |
| USB US Bancorp | 0.40% | 13,190 | $557K | Add +0.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.40% | 837 | $555K | Add +8.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 13,235 | $552K | Reduce -1.2% |
| FISV Fiserv Inc. | 0.40% | 2,472 | $546K | Reduce -16.6% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.39% | 6,469 | $537K | Reduce -0.9% |
| BKNG Booking Holdings Inc. | 0.38% | 115 | $530K | Reduce -4.2% |
| FCX Freeport-McMoran Inc. | 0.38% | 13,666 | $517K | Add +30.3% |
| APH Amphenol Corp. Class A | 0.37% | 7,793 | $511K | Reduce -2.0% |
| UPS United Parcel Service Class B | 0.37% | 4,614 | $507K | Add +20.0% |
| BMY Bristol-Myers Squibb Co. | 0.36% | 8,128 | $496K | Add +1.2% |
| PAYC Paycom Software Inc. | 0.36% | 2,262 | $494K | Add +2.7% |
| SPGI S&P Global Inc. | 0.36% | 971 | $493K | Reduce -9.9% |
| AIG American International Group | 0.36% | 5,629 | $489K | Add +10.5% |
| PFE Pfizer Inc. | 0.35% | 18,915 | $479K | Add +16.6% |
| HD Home Depot Inc. | 0.34% | 1,287 | $472K | Add +0.2% |
| SAP Sap SE-Sponsored ADR | 0.34% | 1,720 | $462K | Reduce -6.5% |
| CNC Centene Corp. | 0.33% | 7,559 | $459K | Add +3.5% |
| C Citigroup Inc. | 0.33% | 6,451 | $458K | Reduce -11.7% |
| MELI MercadoLibre Inc. | 0.33% | 233 | $455K | Add +17.7% |
| XOM Exxon Mobil Corp. | 0.33% | 3,813 | $453K | Reduce -5.2% |
| AES AES Corp. | 0.33% | 36,156 | $449K | Add +2.1% |
| QCOM Qualcomm Inc. | 0.32% | 2,878 | $442K | Add +45.9% |
| FTI Technipfmc PLC | 0.32% | 13,822 | $438K | Add +10.8% |
| GDDY GoDaddy Inc. Class A | 0.32% | 2,430 | $438K | Add +0.8% |
| GLW Corning Inc. | 0.31% | 9,410 | $431K | Add +1.7% |
| SPMB SS SPDR P Mort Back Bond ETF | 0.31% | 19,508 | $430K | Reduce -0.3% |
| EPAM Epam Systems Inc. | 0.31% | 2,522 | $426K | Add +3.1% |
| BRO Brown & Brown Inc. | 0.31% | 3,414 | $425K | Add +8.7% |
| WMB Williams Cos Inc. | 0.30% | 7,031 | $420K | Add +2.6% |
| AMAT Applied Materials Inc. | 0.30% | 2,854 | $414K | Add +26.6% |
Portfolio Sells Q1 2025 → Q2 2025
| VIG Vanguard Dividend Apprec ETF | Sold out | 0.00% | −0.95 |
| AAPL Apple Inc. | Reduce -20.2% | 2.33% | −0.81 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.61 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.58 |
| SHLD Global X Defense Tech ETF | Sold out | 0.00% | −0.54 |
| QUAL iShares MSCI USA Quality Fac | Sold out | 0.00% | −0.48 |
| NOW ServiceNow Inc. | Reduce -36.5% | 0.48% | −0.48 |
| GOOGL Alphabet Inc. Class A | Reduce -11.0% | 1.26% | −0.39 |
| GOOG Alphabet Inc. Class C | Reduce -23.8% | 0.72% | −0.38 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.35 |
| USDU Wisdomtree BBG Usd Bullish | Sold out | 0.00% | −0.34 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -20.7% | 1.61% | −0.32 |
| NFLX Netflix Inc. | Reduce -40.4% | 0.60% | −0.32 |
| BANK MONTREAL QUE | Sold out | 0.00% | −0.31 |
| IBM Intl Business Machines Corp. | Reduce -60.3% | 0.26% | −0.30 |
| FDS Factset Research Systems Inc. | Sold out | 0.00% | −0.29 |
| FE Firstenergy Corp. | Sold out | 0.00% | −0.28 |
| POOL Pool Corp. | Sold out | 0.00% | −0.26 |
| MDT Medtronic PLC | Reduce -62.9% | 0.20% | −0.26 |
| AAON Aaon Inc. | Sold out | 0.00% | −0.24 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -24.3% | 0.41% | −0.23 |
| B Barrick Gold Corp. | Sold out | 0.00% | −0.21 |
| SFM Sprouts Farmers Market Inc. | Sold out | 0.00% | −0.21 |
| NSSC Napco Security Technologies | Sold out | 0.00% | −0.19 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Sold out | 0.00% | −0.19 |
| TFIN Triumph Financial Inc. | Sold out | 0.00% | −0.18 |
| ZBRA Zebra Technologies Corp. Class A | Sold out | 0.00% | −0.18 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.16 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.16 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.15 |
| VVV Valvoline Inc. | Sold out | 0.00% | −0.15 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.15 |
| RVLV Revolve Group Inc. Class A | Sold out | 0.00% | −0.15 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.14 |
| CSCO Cisco Systems Inc. | Reduce -24.9% | 0.66% | −0.14 |
| TDC Teradata Corp. | Sold out | 0.00% | −0.14 |
| BIV Vanguard Intermediate-Term B | Sold out | 0.00% | −0.14 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Sold out | 0.00% | −0.14 |
| BMA Banco Macro SA-ADR | Sold out | 0.00% | −0.14 |
| IVV iShares Core S&P 500 ETF | Reduce -4.3% | 2.01% | −0.09 |
| WFC Wells Fargo & Co. | Reduce -17.6% | 0.61% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -19.3% | 0.27% | −0.08 |
| HMY Harmony Gold MNG-Spon ADR | Sold out | 0.00% | −0.06 |
| T AT&T Inc. | Reduce -30.5% | 0.54% | −0.06 |
| CAT Caterpillar Inc. | Reduce -10.4% | 0.30% | −0.05 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -0.1% | 0.77% | −0.03 |
| ADSK Autodesk Inc. | Reduce -3.3% | 0.30% | −0.03 |
| BKNG Booking Holdings Inc. | Reduce -4.2% | 0.38% | −0.03 |
| FISV Fiserv Inc. | Reduce -16.6% | 0.40% | −0.03 |
| C Citigroup Inc. | Reduce -11.7% | 0.33% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| IVVB iShares Large Cap Deep Quart | New | 1.02% | +1.02 |
| CVX Chevron Corp. | Add +1.1% | 5.46% | +1.00 |
| TIP iShares Tips Bond ETF | Add +102.8% | 1.72% | +0.94 |
| AON Aon PLC Class A | New | 0.69% | +0.69 |
| CI The Cigna Group | Add +0.2% | 2.91% | +0.59 |
| JNJ Johnson & Johnson | Add +47.6% | 1.14% | +0.50 |
| VZ Verizon Communications Inc. | Add +59.5% | 1.03% | +0.49 |
| SBUX Starbucks Corp. | New | 0.41% | +0.41 |
| VXUS Vanguard Total Intl Stock | Add +53.1% | 0.94% | +0.39 |
| LLY Eli Lilly & Co. | Add +45.7% | 0.96% | +0.37 |
| SPEM State Street SP PTF Em ETF | Add +46.9% | 0.73% | +0.27 |
| CMDT PIMCO Commodity Active Strat | New | 0.25% | +0.25 |
| RBIL US Treasury Ultra Short Tips | New | 0.24% | +0.24 |
| KNSL Kinsale Capital Group Inc. | New | 0.21% | +0.21 |
| LRN Stride Inc. | New | 0.21% | +0.21 |
| CVS CVS Health Corp. | Add +11.2% | 0.48% | +0.21 |
| ZTS Zoetis Inc. | Add +25.2% | 0.84% | +0.21 |
| META Meta Platforms Inc. Class A | New | 0.20% | +0.20 |
| MDLZ Mondelez International Inc. Class A | Add +48.9% | 0.45% | +0.20 |
| SHEL Shell PLC-ADR | Add +26.9% | 0.53% | +0.19 |
| HEI.A Heico Corp. Class A | New | 0.19% | +0.19 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +21.6% | 0.55% | +0.18 |
| ABT Abbott Laboratories | Add +2.2% | 0.89% | +0.18 |
| JD Jd.com Inc.-ADR | Add +2.4% | 0.85% | +0.18 |
| APPF Appfolio Inc. Class A | New | 0.18% | +0.18 |
| PEN Penumbra Inc. | New | 0.17% | +0.17 |
| THC Tenet Healthcare Corp. | New | 0.16% | +0.16 |
| WAB Wabtec Corp. | New | 0.15% | +0.15 |
| HLI Houlihan Lokey Inc. | Add +88.8% | 0.27% | +0.12 |
| ABBV Abbvie Inc. | Add +9.9% | 0.47% | +0.12 |
| QCOM Qualcomm Inc. | Add +45.9% | 0.32% | +0.11 |
| FCX Freeport-McMoran Inc. | Add +30.3% | 0.38% | +0.10 |
| AIG American International Group | Add +10.5% | 0.36% | +0.10 |
| VG Venture Global Inc. Class A | New | 0.10% | +0.10 |
| MELI MercadoLibre Inc. | Add +17.7% | 0.33% | +0.10 |
| AMT American Tower Corp. | Add +2.4% | 0.44% | +0.10 |
| BRO Brown & Brown Inc. | Add +8.7% | 0.31% | +0.09 |
| KO The Coca-Cola Co. | Add +4.3% | 0.41% | +0.08 |
| AVGO Broadcom Inc. | Add +57.5% | 0.45% | +0.07 |
| VNET Vnet Group Inc.-ADR | New | 0.07% | +0.07 |
| UNH Unitedhealth Group Inc. | Add +0.1% | 0.86% | +0.07 |
| FTI Technipfmc PLC | Add +10.8% | 0.32% | +0.07 |
| BBVA Banco Bilbao Vizcaya-SP ADR | Add +6.8% | 0.18% | +0.06 |
| OLLI Ollie's Bargain Outlet Holdi | Add +5.3% | 0.43% | +0.06 |
| SONY Sony Group Corp. - SP ADR | Add +3.7% | 0.27% | +0.06 |
| LYG Lloyds Banking Group PLC-ADR | Add +22.3% | 0.14% | +0.06 |
| MUFG Mitsubishi Ufj Finl-Spon ADR | Add +18.4% | 0.19% | +0.06 |
| SE Sea Ltd.-ADR | Add +6.6% | 0.21% | +0.06 |
| TDY Teledyne Technologies Inc. | Add +9.9% | 0.30% | +0.06 |
| RYAN Ryan Specialty Holdings Inc. | Add +5.8% | 0.26% | +0.06 |
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 |