Wealth Enhancement Advisory Services, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 29, 2025), Wealth Enhancement Advisory Services, LLC reported 3,473 stock positions worth $66.1 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.6% of the portfolio, followed by Apple (AAPL, 3.0%) and iShares Core U.S. Aggregate (AGG, 2.7%). Compared with Q2 2025, it opened 331 new positions, sold out of 130, added to 1,923 and reduced 1,129. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale JPMorgan Chase (JPM, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- PLYMOUTH, MN
- CIK
- 0001632972
- Portfolio Value
- $66.1B (Q3 2025)
- SEC Filing
- 0001214659-25-015495 ↗ filed Oct 29, 2025
Holdings Value
Holdings 3,473 stocks · $66.1B
| IVV iShares Core S&P 500 ETF | 6.62% | 6,502,855 | $4.4B | Add +0.7% |
| AAPL Apple Inc. | 3.02% | 7,787,018 | $2.0B | Add +3.1% |
| AGG iShares Core U.S. Aggregate | 2.75% | 18,113,855 | $1.8B | Add +9.7% |
| MSFT Microsoft Corp. | 2.33% | 2,944,451 | $1.5B | Add +1.0% |
| NVDA Nvidia Corp. | 2.07% | 7,444,134 | $1.4B | Reduce -1.7% |
| SMTH Alps SMTH Cor BD Plus ETF | 1.95% | 49,333,372 | $1.3B | Add +12.9% |
| VWO Vanguard Ftse Emerging Marke | 1.47% | 17,755,887 | $970.9M | Add +3.9% |
| IMTM iShares MSCI Intl Momentum F | 1.38% | 19,096,731 | $911.9M | Add +4.4% |
| AMZN Amazon.com Inc. | 1.23% | 3,656,926 | $810.8M | Add +4.2% |
| JMOM JPMorgan US Momentum Factor | 1.22% | 11,896,007 | $804.5M | Add +2.6% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.17% | 17,826,186 | $775.3M | Add +5.3% |
| USVM Victoryshares US Small Mid C | 1.12% | 8,157,714 | $736.8M | Add +9.2% |
| AVLV Avantis US Large Cap Value | 1.09% | 10,022,201 | $723.4M | Add +3.9% |
| GOOGL Alphabet Inc. Class A | 1.04% | 2,802,666 | $688.2M | Add +0.8% |
| USMV iShares MSCI USA Min Vol Fac | 0.98% | 6,831,899 | $650.7M | Add +2.3% |
| GOVT iShares US Treasury Bond ETF | 0.95% | 27,236,673 | $628.8M | Add +8.7% |
| SPHQ Invesco S&P 500 Quality ETF | 0.85% | 7,661,969 | $564.5M | Add +2.7% |
| VOO Vanguard S&P 500 ETF | 0.82% | 877,613 | $539.9M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 1,058,603 | $531.7M | Add +0.9% |
| SCHX Schwab US Large-Cap ETF | 0.78% | 19,420,421 | $514.3M | Reduce -0.8% |
| JPM JPMorgan Chase & Co. | 0.76% | 1,640,663 | $504.7M | Reduce -19.2% |
| UYLD Angel Oak Ultrashort Income | 0.76% | 9,779,500 | $500.6M | Add +9.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.68% | 677,661 | $448.4M | Add +1.1% |
| META Meta Platforms Inc. Class A | 0.68% | 626,329 | $446.5M | Add +4.5% |
| V Visa Inc. Class A | 0.64% | 1,208,144 | $425.8M | Add +16.3% |
| DWAS Invesco Dorsey Wright Smallc | 0.62% | 4,389,816 | $410.1M | Add +5.7% |
| AVDE Avantis International Equity | 0.59% | 4,895,332 | $388.7M | Add +3.5% |
| JPST JPMorgan Ultra-Short Income | 0.54% | 7,086,795 | $358.7M | Add +3.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.54% | 1,078,233 | $355.4M | Reduce -0.0% |
| JNJ Johnson & Johnson | 0.53% | 1,844,421 | $348.4M | Add +7.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.52% | 569,530 | $343.8M | Add +5.5% |
| AVGO Broadcom Inc. | 0.52% | 1,017,865 | $343.5M | Add +6.0% |
| HD Home Depot Inc. | 0.50% | 846,767 | $327.5M | Add +34.7% |
| VIG Vanguard Dividend Apprec ETF | 0.49% | 1,479,777 | $321.5M | Add +0.1% |
| PLTR Palantir Technologies Inc. Class A | 0.48% | 1,758,504 | $320.3M | Add +170.1% |
| XOM Exxon Mobil Corp. | 0.48% | 2,800,124 | $319.8M | Add +10.6% |
| SCHD Schwab US DVD Equity ETF | 0.48% | 11,576,470 | $315.8M | Reduce -4.1% |
| GOOG Alphabet Inc. Class C | 0.46% | 1,223,730 | $302.4M | Add +1.5% |
| IJR iShares Core S&P Small-Cap E | 0.44% | 2,447,448 | $289.4M | Reduce -1.8% |
| WMT Walmart Inc. | 0.44% | 2,785,399 | $287.6M | Add +8.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.43% | 593,913 | $286.3M | Reduce -1.2% |
| QQQM Invesco Nasdaq 100 ETF | 0.43% | 1,129,960 | $281.2M | Add +1.0% |
| MA Mastercard Inc. Class A | 0.39% | 445,175 | $258.1M | Add +20.4% |
| PG The Procter & Gamble Co. | 0.39% | 1,687,864 | $257.5M | Add +5.9% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.39% | 4,598,469 | $256.3M | Add +3.2% |
| MTUM iShares MSCI USA Momentum Fa | 0.39% | 1,001,260 | $254.8M | Reduce -1.7% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.38% | 3,178,328 | $250.2M | Reduce -7.2% |
| FLIA Franklin International Aggre | 0.36% | 11,640,973 | $239.0M | Add +9.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 790,284 | $232.2M | Reduce -27.9% |
| ORCL Oracle Corp. | 0.35% | 811,936 | $230.6M | Reduce -10.6% |
| VXUS Vanguard Total Intl Stock | 0.35% | 3,094,210 | $229.7M | Add +0.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.35% | 1,221,713 | $228.7M | Add +3.6% |
| IEFA iShares Core MSCI Eafe ETF | 0.33% | 2,503,346 | $220.8M | Reduce -2.0% |
| SCHF Schwab Intl Equity ETF | 0.33% | 9,213,008 | $217.1M | Reduce -1.1% |
| AUSF Global X Adaptive US Factor | 0.32% | 4,632,551 | $214.0M | Add +1.5% |
| ACN Accenture PLC Class A | 0.32% | 828,516 | $208.1M | Add +65.6% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.30% | 1,764,680 | $201.0M | Add +5.1% |
| VEA Vanguard Ftse Developed ETF | 0.30% | 3,218,154 | $195.2M | Add +1.4% |
| IWB iShares Russell 1000 ETF | 0.29% | 524,376 | $192.6M | Reduce -3.4% |
| SCHV Schwab US Large-Cap Value | 0.29% | 6,581,229 | $191.8M | Reduce -3.3% |
| GE General Electric filed as GE AEROSPACE | 0.29% | 625,882 | $188.9M | Add +0.3% |
| SGOV iShares 0-3 Month Treasury B | 0.29% | 1,880,004 | $188.8M | Add +9.6% |
| ABT Abbott Laboratories | 0.28% | 1,411,819 | $187.8M | Add +5.5% |
| IWF iShares Russell 1000 Growth | 0.28% | 396,994 | $186.7M | Reduce -2.1% |
| PEP Pepsico Inc. | 0.27% | 1,279,697 | $180.2M | Add +7.8% |
| CSCO Cisco Systems Inc. | 0.27% | 2,599,873 | $179.3M | Reduce -34.2% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.27% | 2,143,422 | $178.8M | Reduce -5.7% |
| TSLA Tesla Inc. | 0.26% | 402,299 | $174.1M | Add +6.0% |
| CVX Chevron Corp. | 0.26% | 1,105,005 | $171.2M | Add +6.5% |
| ETN Eaton Corp. PLC | 0.26% | 461,301 | $171.1M | Reduce -4.6% |
| SCHM Schwab US Mid Cap ETF | 0.26% | 5,733,253 | $170.6M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 0.26% | 202,169 | $170.6M | Add +7.6% |
| DFAC Dimensional US Core Equity 2 | 0.26% | 4,408,392 | $170.4M | Reduce -2.3% |
| IJH iShares Core S&P Midcap ETF | 0.26% | 2,602,981 | $169.6M | Reduce -0.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.25% | 1,503,860 | $165.7M | Add +2.8% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.24% | 1,973,730 | $159.8M | Add +0.6% |
| IEF iShares 7-10 Year Treasury B | 0.24% | 1,643,497 | $158.4M | Add +1.4% |
| APP AppLovin Corp. Class A | 0.24% | 249,541 | $157.7M | Add +76.5% |
| LMT Lockheed Martin Corp. | 0.24% | 306,895 | $156.8M | Add +51.7% |
| BIV Vanguard Intermediate-Term B | 0.24% | 2,002,575 | $156.2M | Add +1.2% |
| MRK Merck & Co. Inc. | 0.23% | 1,760,748 | $154.3M | Add +5.9% |
| UNH Unitedhealth Group Inc. | 0.23% | 420,563 | $152.9M | Add +0.6% |
| MS Morgan Stanley | 0.23% | 979,863 | $152.8M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.23% | 3,001,534 | $150.9M | Add +2.0% |
| WM Waste Management Inc. | 0.23% | 688,503 | $149.8M | Add +36.4% |
| WFC Wells Fargo & Co. | 0.23% | 1,835,975 | $149.0M | Reduce -0.3% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.23% | 2,924,059 | $149.0M | Add +3.9% |
| COST Costco Wholesale Corp. | 0.22% | 158,507 | $145.0M | Add +1.1% |
| DSTL Distillate US Fundamental St | 0.21% | 2,403,189 | $139.4M | Add +6.4% |
| XLG Invesco S&P 500 Top 50 ETF | 0.21% | 2,412,194 | $139.4M | Reduce -0.7% |
| MCK McKesson Corp. | 0.21% | 183,753 | $137.8M | Reduce -1.1% |
| ICSH iShares Ultra Short Duration | 0.21% | 2,714,808 | $137.4M | Add +2.7% |
| JAAA Janus Henderson Aaa Clo ETF | 0.21% | 2,682,986 | $135.8M | Reduce -33.8% |
| TMUS T-Mobile US Inc. | 0.21% | 595,848 | $135.7M | Add +2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 933,248 | $133.1M | Reduce -0.5% |
| IWD iShares Russell 1000 Value E | 0.20% | 650,121 | $133.0M | Reduce -5.0% |
| GEV GE Vernova Inc. | 0.20% | 219,215 | $132.9M | Reduce -3.2% |
| ABBV Abbvie Inc. | 0.20% | 569,990 | $132.6M | Add +2.8% |
| JMUB JPMorgan Municipal ETF | 0.19% | 2,540,890 | $128.0M | Add +33.8% |
| SCHA Schwab US Small-Cap ETF | 0.19% | 4,549,282 | $127.3M | Reduce -2.2% |
Options reported separately and not counted above: NVDA calls ($16.2M), PLTR calls ($9.0M), BMNR calls ($7.2M), ETH calls ($4.4M), VRT calls ($4.2M), SPY calls ($3.6M), IBIT calls ($3.2M), OKLO calls ($1.5M), CRWD calls ($729K), FISV puts ($714K), CRWV calls ($698K), BE calls ($607K), and 38 more.
Other holdings (66): bonds, preferreds, convertibles and warrants · $7.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | 46,606 | $2.3M | Add +0.7% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,317 | $1.7M | Reduce -2.9% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 14,818 | $706K | Add +7.6% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 480 | $606K | Reduce -6.4% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 5,897 | $567K | Add +183.2% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 12,426 | $320K | Reduce -0.0% |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 13,486 | $144K | No change |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 65,000 | $64K | No change |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 31,956 | $53K | No change |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 31,000 | $31K | Add +93.8% |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 34,000 | $30K | Add +36.0% |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 30,000 | $29K | No change |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 27,000 | $28K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 30,000 | $28K | Add +15.4% |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 26,000 | $27K | Add +136.4% |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 15,000 | $24K | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 23,000 | $24K | New |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 23,000 | $23K | No change |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 26,000 | $23K | No change |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | 22,000 | $22K | Add +22.2% |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | 18,000 | $21K | New |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 19,000 | $20K | New |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 23,000 | $20K | Add +109.1% |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 22,000 | $19K | Add +29.4% |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | 18,000 | $18K | No change |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | 17,000 | $17K | No change |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 16,000 | $17K | Add +6.7% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 16,000 | $16K | No change |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 16,000 | $16K | New |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 17,000 | $16K | Add +21.4% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 16,000 | $16K | Add +33.3% |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 17,000 | $15K | No change |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 12,000 | $15K | No change |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | 16,000 | $15K | New |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 16,000 | $15K | Reduce -33.3% |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 15,000 | $15K | New |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 13,000 | $14K | No change |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 14,000 | $14K | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 12,000 | $14K | No change |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | 11,000 | $13K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 12,000 | $12K | New |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | 12,000 | $12K | New |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 12,000 | $12K | No change |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | 12,000 | $12K | No change |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | 11,000 | $12K | Reduce -35.3% |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | 12,000 | $12K | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 13,000 | $12K | No change |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | 10,000 | $12K | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 12,000 | $11K | No change |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | 12,000 | $11K | No change |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 11,000 | $11K | New |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 12,000 | $11K | No change |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 11,000 | $11K | No change |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 11,000 | $11K | Reduce -45.0% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 10,000 | $11K | Reduce -60.0% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 10,000 | $10K | No change |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 12,000 | $10K | New |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | 11,000 | $10K | No change |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | 11,000 | $10K | New |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 10,000 | $10K | No change |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | 10,000 | $10K | New |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 30,000 | $7K | No change |
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | 22,972 | $2K | New |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 21,520 | $1K | Add +17.3% |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 10,000 | $900 | No change |
| CLEARBRIDGE ENERGY MI-RT | RIGHT 10/10/2025 | 27,831 | $278 | Add +1.6% |
Total filed on the 13F, all lines: $66.1B.
Portfolio Sells Q2 2025 → Q3 2025
| JPM JPMorgan Chase & Co. | Reduce -19.2% | 0.76% | −0.23 |
| CSCO Cisco Systems Inc. | Reduce -34.2% | 0.27% | −0.18 |
| IBM Intl Business Machines Corp. | Reduce -27.9% | 0.35% | −0.18 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -33.8% | 0.21% | −0.13 |
| ADBE Adobe Inc. | Reduce -38.7% | 0.09% | −0.09 |
| NEE Nextera Energy Inc. | Reduce -53.5% | 0.07% | −0.08 |
| SCHD Schwab US DVD Equity ETF | Reduce -4.1% | 0.48% | −0.07 |
| MMM 3M Co. | Reduce -24.3% | 0.15% | −0.06 |
| NKE Nike Inc. Class B | Reduce -56.7% | 0.03% | −0.06 |
| GS Goldman Sachs Group Inc. | Reduce -39.9% | 0.09% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -78.9% | 0.01% | −0.05 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -43.7% | 0.05% | −0.05 |
| IP International Paper Co. | Reduce -85.0% | 0.01% | −0.04 |
| KO The Coca-Cola Co. | Reduce -19.1% | 0.10% | −0.04 |
| PAYX Paychex Inc. | Reduce -53.5% | 0.02% | −0.04 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -5.7% | 0.27% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -7.2% | 0.38% | −0.04 |
| VICI Vici Properties Inc. | Reduce -44.2% | 0.03% | −0.04 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -30.5% | 0.07% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -4.6% | 0.26% | −0.03 |
| WFC Wells Fargo & Co. | Reduce -0.3% | 0.23% | −0.03 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.8% | 0.44% | −0.03 |
| AMT American Tower Corp. | Reduce -4.7% | 0.08% | −0.03 |
| SCHV Schwab US Large-Cap Value | Reduce -3.3% | 0.29% | −0.03 |
| CPRT Copart Inc. | Reduce -64.0% | 0.01% | −0.03 |
| FIXT TCW Core Plus Bond ETF | Sold out | 0.00% | −0.03 |
| ODFL Old Dominion Freight Line | Reduce -84.7% | 0.00% | −0.03 |
| RS Reliance Inc. | Reduce -91.7% | 0.00% | −0.03 |
| FERG Ferguson Enterprises Inc. | Reduce -82.2% | 0.01% | −0.02 |
| SCHX Schwab US Large-Cap ETF | Reduce -0.8% | 0.78% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -6.0% | 0.16% | −0.02 |
| IBKR Interactive Brokers Gro Class A | Reduce -82.4% | 0.01% | −0.02 |
| IWD iShares Russell 1000 Value E | Reduce -5.0% | 0.20% | −0.02 |
| CARR Carrier Global Corp. | Reduce -1.5% | 0.05% | −0.02 |
| TOTL SS Doubleline TR Tact ETF | Reduce -7.1% | 0.14% | −0.02 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -29.5% | 0.04% | −0.02 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -21.0% | 0.08% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -3.9% | 0.18% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -1.3% | 0.10% | −0.02 |
| PFEB Innovator U.S. Equity Power | Reduce -79.2% | 0.00% | −0.02 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -2.0% | 0.33% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Reduce -0.3% | 0.26% | −0.02 |
| AXP American Express Co. | Reduce -2.1% | 0.16% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -24.1% | 0.02% | −0.02 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -1.7% | 0.39% | −0.02 |
| QUS SS SPDR MSCI U Stratfact ETF | Reduce -55.7% | 0.01% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -23.0% | 0.06% | −0.02 |
| ADP Automatic Data Processing | Reduce -0.5% | 0.11% | −0.02 |
| SBUX Starbucks Corp. | Reduce -4.7% | 0.05% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -3.4% | 0.29% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +3.1% | 3.02% | +0.35 |
| PLTR Palantir Technologies Inc. Class A | Add +170.1% | 0.48% | +0.34 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 1.04% | +0.22 |
| APP AppLovin Corp. Class A | Add +76.5% | 0.24% | +0.16 |
| PMBS PIMCO MBS Active ETF | New | 0.12% | +0.12 |
| HD Home Depot Inc. | Add +34.7% | 0.50% | +0.11 |
| GOOG Alphabet Inc. Class C | Add +1.5% | 0.46% | +0.10 |
| AVAV Aerovironment Inc. | Add +550.7% | 0.11% | +0.10 |
| CTA Simplify Managed Futures St | Add +2620.3% | 0.10% | +0.09 |
| SMTH Alps SMTH Cor BD Plus ETF | Add +12.9% | 1.95% | +0.09 |
| LMT Lockheed Martin Corp. | Add +51.7% | 0.24% | +0.08 |
| AVGO Broadcom Inc. | Add +6.0% | 0.52% | +0.08 |
| JNJ Johnson & Johnson | Add +7.0% | 0.53% | +0.08 |
| FTNT Fortinet Inc. | Add +465.3% | 0.10% | +0.07 |
| TSLA Tesla Inc. | Add +6.0% | 0.26% | +0.07 |
| ACN Accenture PLC Class A | Add +65.6% | 0.32% | +0.06 |
| NOC Northrop Grumman Corp. | Add +167.3% | 0.09% | +0.06 |
| USVM Victoryshares US Small Mid C | Add +9.2% | 1.12% | +0.06 |
| GLW Corning Inc. | Add +0.3% | 0.17% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +9.7% | 2.75% | +0.05 |
| VWO Vanguard Ftse Emerging Marke | Add +3.9% | 1.47% | +0.05 |
| HOOD Robinhood Markets Inc. Class A | Add +174.8% | 0.06% | +0.05 |
| UI Ubiquiti Inc. | Add +1709.2% | 0.05% | +0.04 |
| CTAS Cintas Corp. | Add +128.9% | 0.09% | +0.04 |
| SCHO Schwab Short-Term US Treas | Add +89.1% | 0.10% | +0.04 |
| MA Mastercard Inc. Class A | Add +20.4% | 0.39% | +0.04 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +5.3% | 1.17% | +0.04 |
| JMUB JPMorgan Municipal ETF | Add +33.8% | 0.19% | +0.04 |
| MDT Medtronic PLC | Add +42.5% | 0.12% | +0.04 |
| WM Waste Management Inc. | Add +36.4% | 0.23% | +0.04 |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | Add +375.3% | 0.05% | +0.04 |
| O Realty Income Corp. | Add +143.4% | 0.06% | +0.03 |
| PSA Public Storage | Add +108.8% | 0.07% | +0.03 |
| RPM RPM International Inc. | Add +753.9% | 0.04% | +0.03 |
| ZM Zoom Communications Inc. | Add +513.6% | 0.04% | +0.03 |
| ORLY O'reilly Automotive Inc. | Add +119.0% | 0.06% | +0.03 |
| RGLD Royal Gold Inc. | Add +307.8% | 0.04% | +0.03 |
| GE General Electric | Add +0.3% | 0.29% | +0.03 |
| CVS CVS Health Corp. | Add +186.6% | 0.05% | +0.03 |
| DWAS Invesco Dorsey Wright Smallc | Add +5.7% | 0.62% | +0.03 |
| V Visa Inc. Class A | Add +16.3% | 0.64% | +0.03 |
| ABBV Abbvie Inc. | Add +2.8% | 0.20% | +0.03 |
| NFLX Netflix Inc. | Add +39.0% | 0.19% | +0.03 |
| CTSH Cognizant Tech Solutions-A | Add +124.1% | 0.06% | +0.03 |
| BNY Bank of New York Mellon Corp. | Add +76.0% | 0.05% | +0.03 |
| AON Aon PLC Class A | Add +171.0% | 0.04% | +0.02 |
| INTC Intel Corp. | Add +28.5% | 0.05% | +0.02 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.5% | 0.52% | +0.02 |
| AME Ametek Inc. | Add +168.0% | 0.04% | +0.02 |
| NATL NCR Atleos Corp. | New | 0.02% | +0.02 |
Options Activity Q2 2025 → Q3 2025
| NVDA Nvidia Corp. | call | Reduce -46.3% | 291,021 | $16.2M |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -6.8% | 77,564 | $9.0M |
| BMNR Bitmine Immersion Technologi | call | New | 221,000 | $7.2M |
| ETH Grayscale Ethereum Staking M | call | New | 320,000 | $4.4M |
| VRT Vertiv Holdings Co. Class A | call | Reduce -3.8% | 67,323 | $4.2M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +106.8% | 75,892 | $3.6M |
| IBIT iShares Bitcoin Trust ETF | call | New | 212,500 | $3.2M |
| OKLO Oklo Inc. | call | New | 19,000 | $1.5M |
| AMZN Amazon.com Inc. | call | Sold out | 39,700 | $1.3Mbefore exit |
| NOW ServiceNow Inc. | call | Sold out | 3,800 | $1.1Mbefore exit |
| ARM Arm Holdings PLC-ADR | call | Sold out | 20,000 | $1.1Mbefore exit |
| CRWD CrowdStrike Holdings Inc. Class A | call | Reduce -32.7% | 6,061 | $729K |
| MRVL Marvell Technology Inc. | call | Sold out | 38,300 | $728Kbefore exit |
| FISV Fiserv Inc. | put | New | 16,835 | $714K |
| CRWV Coreweave Inc. Class A | call | Add +193.8% | 9,400 | $698K |
| RBRK Rubrik Inc. Class A | call | Sold out | 25,000 | $670Kbefore exit |
| BE Bloom Energy Corp. Class A | call | New | 11,000 | $607K |
| AAPL Apple Inc. | put | Add +67.9% | 116,675 | $584K |
| META Meta Platforms Inc. Class A | call | Reduce -29.7% | 2,740 | $580K |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +136.9% | 54,491 | $531K |
| CRM Salesforce Inc. | call | Sold out | 11,500 | $504Kbefore exit |
| CDNS Cadence Design SYS Inc. | call | Reduce -64.8% | 7,284 | $450K |
| SHW The Sherwin-Williams Co. | put | Add +73.0% | 18,685 | $421K |
| UPS United Parcel Service Class B | put | Reduce -0.9% | 20,206 | $417K |
| TLT iShares 20+ Year Treasury BD | call | Add +14.3% | 200,000 | $400K |
| QQQ Invesco QQQ Trust Series 1 | call | New | 8,540 | $376K |
| GLXY Galaxy Digital Inc. Class A | call | New | 15,000 | $343K |
| MSFT Microsoft Corp. | put | Add +27.3% | 28,634 | $333K |
| PANW Palo Alto Networks Inc. | call | Reduce -74.5% | 6,538 | $331K |
| NVDA Nvidia Corp. | put | Reduce -0.6% | 33,302 | $298K |
| TSLA Tesla Inc. | call | Sold out | 3,000 | $251Kbefore exit |
| QQQ Invesco QQQ Trust Series 1 | put | Add +216.1% | 31,614 | $198K |
| RSP Invesco S&P 500 Equal Weight | call | New | 16,500 | $182K |
| AVGO Broadcom Inc. | put | New | 13,573 | $167K |
| GOOGL Alphabet Inc. Class A | call | Sold out | 12,000 | $158Kbefore exit |
| IWM iShares Russell 2000 ETF | call | New | 30,820 | $153K |
| AMD Advanced Micro Devices | call | New | 1,474 | $129K |
| TSLA Tesla Inc. | put | Add +191.7% | 10,500 | $125K |
| GRAB Grab Holdings Ltd. Class A | call | Add +80.0% | 45,000 | $97K |
| XOM Exxon Mobil Corp. | put | Add +54.4% | 25,483 | $74K |
| GOOGL Alphabet Inc. Class A | put | New | 15,981 | $70K |
| CLS Celestica Inc. | put | Sold out | 13,000 | $65Kbefore exit |
| AMZN Amazon.com Inc. | put | New | 10,642 | $60K |
| BMO Bank of Montreal | put | Add +9.4% | 28,000 | $46K |
| ITB iShares U.S. Home Constructi | put | New | 10,800 | $38K |
| FAZ Direx DLY Fin Bea 3X ETF-Usd | call | New | 40,000 | $26K |
| BB Blackberry Ltd. | call | Add +115.1% | 150,600 | $23K |
| EQT Eqt Corp. | put | Sold out | 11,900 | $22Kbefore exit |
| SPXS Dirx Dai S&P500 B 3X ETF-Usd | call | New | 48,000 | $21K |
| DKNG Draftkings Inc. Class A | call | New | 21,604 | $17K |
Showing the first 50 of 56.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Add +0.7% | 46,606 | $2.3M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -2.9% | 1,317 | $1.7M |
| NEXTERA ENERGY INC (NEE 6.926 09/01/25) | UNIT 09/01/2025 | Sold out | 28,034 | $1.2Mbefore exit |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Add +7.6% | 14,818 | $706K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -6.4% | 480 | $606K |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +183.2% | 5,897 | $567K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -0.0% | 12,426 | $320K |
| NRG ENERGY INC (NRG 2.75 06/01/48) | DBCV 2.750% 6/0 · principal | Sold out | 14,000 | $55Kbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Add +93.8% | 31,000 | $31K |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | Add +36.0% | 34,000 | $30K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Add +15.4% | 30,000 | $28K |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Add +136.4% | 26,000 | $27K |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | New | 23,000 | $24K |
| DIGITALOCEAN HOLDINGS (DOCN 0 12/01/26) | NOTE 12/0 · principal | Sold out | 24,000 | $22Kbefore exit |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Add +22.2% | 22,000 | $22K |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | New | 18,000 | $21K |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | New | 19,000 | $20K |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Add +109.1% | 23,000 | $20K |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Add +29.4% | 22,000 | $19K |
| NICE LTD (NICEIT 0 09/15/25) | NOTE 9/1 · principal | Sold out | 18,000 | $18Kbefore exit |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | Add +6.7% | 16,000 | $17K |
| IONIS PHARMACEUTICALS IN (IONS 1.75 06/15/28) | NOTE 1.750% 6/1 · principal | Sold out | 15,000 | $16Kbefore exit |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | New | 16,000 | $16K |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Add +21.4% | 17,000 | $16K |
| DEXCOM INC (DXCM 0.375 05/15/28) | NOTE 0.375% 5/1 · principal | Sold out | 17,000 | $16Kbefore exit |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | Add +33.3% | 16,000 | $16K |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | New | 16,000 | $15K |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | Reduce -33.3% | 16,000 | $15K |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | New | 15,000 | $15K |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 15,000 | $14Kbefore exit |
| PEBBLEBROOK HOTEL TRUST (PEB 1.75 12/15/26) | NOTE 1.750%12/1 · principal | Sold out | 15,000 | $14Kbefore exit |
| ARBOR REALTY TRUST INC (ABR 7.5 08/01/25) | NOTE 7.500% 8/0 · principal | Sold out | 14,000 | $14Kbefore exit |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | Sold out | 16,000 | $14Kbefore exit |
| ON SEMICONDUCTOR CORP (ON 0 05/01/27) | NOTE 5/0 · principal | Sold out | 11,000 | $14Kbefore exit |
| LUMENTUM HOLDINGS INC (LITE 0.5 06/15/28) | NOTE 0.500% 6/1 · principal | Sold out | 12,000 | $12Kbefore exit |
| MKS INC (MKSI 1.25 06/01/30) | NOTE 1.250% 6/0 · principal | Sold out | 12,000 | $12Kbefore exit |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | New | 12,000 | $12K |
| WAYFAIR INC (W 3.25 09/15/27) | NOTE 3.250% 9/1 · principal | Sold out | 10,000 | $12Kbefore exit |
| UBER TECHNOLOGIES INC (UBER 0 12/15/25) | NOTE 12/1 · principal | Sold out | 10,000 | $12Kbefore exit |
| RWT HOLDINGS INC (RWT 5.75 10/01/25) | NOTE 5.750%10/0 · principal | Sold out | 12,000 | $12Kbefore exit |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | New | 12,000 | $12K |
| WORKIVA INC (WK 1.125 08/15/26) | NOTE 1.125% 8/1 · principal | Sold out | 11,000 | $12Kbefore exit |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Reduce -35.3% | 11,000 | $12K |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | New | 11,000 | $11K |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | Reduce -45.0% | 11,000 | $11K |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Reduce -60.0% | 10,000 | $11K |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | New | 12,000 | $10K |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | New | 11,000 | $10K |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | New | 10,000 | $10K |
| LMP CAPITAL AND INCOME FUND | RIGHT 07/11/2025 | Sold out | 81,915 | $7Kbefore exit |
Showing the first 50 of 54.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 3,915 | $59.6B | IVV, AAPL, AGG, NVDA, SMTH |
| Q1 2026 | 3,519 | $45.5B | IVV, AGG, SMTH, MSFT, FNDF |
| Q4 2025 | 3,566 | $73.7B | IVV, AVGO, AAPL, AGG, NVDA |
| Q3 2025 | 3,473 | $66.1B | IVV, AAPL, AGG, MSFT, NVDA |
| Q2 2025 | 3,273 | $60.4B | IVV, AGG, AAPL, MSFT, NVDA |
| Q1 2025 | 2,921 | $52.3B | IVV, AAPL, AGG, MSFT, SMTH |
| Q4 2024Amended | 2,863 | $52.2B | IVV, AAPL, AGG, MSFT, NVDA |
| Q3 2024 | 2,612 | $46.5B | IVV, AAPL, AGG, MSFT, NVDA |
| Q2 2024 | 2,476 | $42.1B | IVV, AAPL, AGG, MSFT, NVDA |
| Q1 2024 | 2,365 | $38.7B | IVV, AGG, AAPL, MSFT, IMTM |