Wealth Enhancement Advisory Services, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 8, 2026), Wealth Enhancement Advisory Services, LLC reported 3,566 stock positions worth $73.7 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.2% of the portfolio, followed by Broadcom (AVGO, 3.8%) and Apple (AAPL, 2.8%). Compared with Q3 2025, it opened 255 new positions, sold out of 165, added to 2,045 and reduced 1,175. The biggest buy was Broadcom (AVGO, shares +694%) and the biggest sale Accenture Class A (ACN, shares −60%).
- Most Recent 13F
- Q2 2026
- Location
- PLYMOUTH, MN
- CIK
- 0001632972
- Portfolio Value
- $73.7B (Q4 2025)
- SEC Filing
- 0001214659-26-000261 ↗ filed Jan 8, 2026
Holdings Value
Holdings 3,566 stocks · $73.7B
| IVV iShares Core S&P 500 ETF | 6.16% | 6,536,789 | $4.5B | Add +0.5% |
| AVGO Broadcom Inc. | 3.77% | 8,079,491 | $2.8B | Add +693.8% |
| AAPL Apple Inc. | 2.78% | 7,814,046 | $2.0B | Add +0.3% |
| AGG iShares Core U.S. Aggregate | 2.66% | 19,621,070 | $2.0B | Add +8.3% |
| NVDA Nvidia Corp. | 1.97% | 7,757,490 | $1.5B | Add +4.2% |
| SMTH Alps SMTH Cor BD Plus ETF | 1.96% | 55,466,105 | $1.4B | Add +12.4% |
| MSFT Microsoft Corp. | 1.96% | 3,016,190 | $1.4B | Add +2.4% |
| VWO Vanguard Ftse Emerging Marke | 1.39% | 18,397,000 | $1.0B | Add +3.6% |
| IMTM iShares MSCI Intl Momentum F | 1.33% | 19,865,565 | $983.9M | Add +4.0% |
| AMZN Amazon.com Inc. | 1.28% | 3,909,997 | $944.7M | Add +6.9% |
| GOOGL Alphabet Inc. Class A | 1.21% | 2,832,050 | $889.2M | Add +1.1% |
| JMOM JPMorgan US Momentum Factor | 1.17% | 12,246,694 | $860.4M | Add +3.0% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 1.16% | 18,458,748 | $855.8M | Add +3.5% |
| USVM Victoryshares US Small Mid C | 1.13% | 8,775,986 | $829.5M | Add +7.6% |
| AVLV Avantis US Large Cap Value | 1.11% | 10,377,165 | $815.4M | Add +3.5% |
| GOVT iShares US Treasury Bond ETF | 0.93% | 29,607,758 | $682.5M | Add +8.7% |
| USMV iShares MSCI USA Min Vol Fac | 0.90% | 6,977,742 | $659.8M | Add +2.1% |
| SPHQ Invesco S&P 500 Quality ETF | 0.83% | 7,915,919 | $611.6M | Add +3.3% |
| VOO Vanguard S&P 500 ETF | 0.76% | 881,778 | $561.0M | Add +0.5% |
| UYLD Angel Oak Ultrashort Income | 0.76% | 10,912,606 | $558.3M | Add +11.6% |
| JPM JPMorgan Chase & Co. | 0.75% | 1,645,183 | $550.5M | Add +0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.73% | 1,080,217 | $539.1M | Add +2.0% |
| SCHX Schwab US Large-Cap ETF | 0.71% | 19,086,174 | $521.8M | Reduce -1.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.65% | 693,353 | $479.9M | Add +2.3% |
| V Visa Inc. Class A | 0.64% | 1,326,990 | $474.9M | Add +9.8% |
| META Meta Platforms Inc. Class A | 0.64% | 716,911 | $473.7M | Add +14.5% |
| DWAS Invesco Dorsey Wright Smallc | 0.60% | 4,516,029 | $443.6M | Add +2.9% |
| AVDE Avantis International Equity | 0.58% | 5,102,049 | $429.5M | Add +4.2% |
| LRCX Lam Research Corp. | 0.54% | 1,921,927 | $400.7M | Add +538.7% |
| JNJ Johnson & Johnson | 0.54% | 1,936,788 | $396.8M | Add +5.0% |
| GOOG Alphabet Inc. Class C | 0.53% | 1,252,930 | $393.9M | Add +2.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.50% | 1,082,504 | $369.4M | Add +0.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.49% | 579,851 | $361.6M | Add +1.8% |
| VIG Vanguard Dividend Apprec ETF | 0.48% | 1,572,682 | $352.4M | Add +6.3% |
| WMT Walmart Inc. | 0.47% | 3,004,147 | $343.6M | Add +7.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.46% | 1,734,226 | $340.4M | Add +42.0% |
| PLTR Palantir Technologies Inc. Class A | 0.43% | 1,764,195 | $317.4M | Add +0.3% |
| XOM Exxon Mobil Corp. | 0.43% | 2,622,217 | $316.8M | Reduce -6.3% |
| IJR iShares Core S&P Small-Cap E | 0.41% | 2,446,835 | $305.2M | Reduce -0.0% |
| QQQM Invesco Nasdaq 100 ETF | 0.41% | 1,171,905 | $300.8M | Add +3.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.40% | 608,419 | $298.3M | Add +2.4% |
| JPST JPMorgan Ultra-Short Income | 0.39% | 5,695,603 | $288.3M | Reduce -19.6% |
| BOXX Alpha Architect 1-3 MNTH Box | 0.38% | 2,418,045 | $278.5M | Add +37.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.37% | 3,324,859 | $270.7M | Add +4.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.36% | 4,637,090 | $268.6M | Add +0.8% |
| FLIA Franklin International Aggre | 0.36% | 13,034,397 | $263.8M | Add +12.0% |
| MTUM iShares MSCI USA Momentum Fa | 0.34% | 981,507 | $253.4M | Reduce -2.0% |
| VXUS Vanguard Total Intl Stock | 0.34% | 3,191,019 | $247.7M | Add +3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.33% | 806,561 | $244.6M | Add +2.1% |
| PG The Procter & Gamble Co. | 0.33% | 1,718,923 | $240.4M | Add +1.8% |
| HD Home Depot Inc. | 0.31% | 661,286 | $231.5M | Reduce -21.9% |
| IEFA iShares Core MSCI Eafe ETF | 0.31% | 2,520,192 | $230.7M | Add +0.7% |
| SCHF Schwab Intl Equity ETF | 0.31% | 9,291,715 | $229.8M | Add +0.8% |
| LLY Eli Lilly & Co. | 0.31% | 213,986 | $228.2M | Add +5.8% |
| AUSF Global X Adaptive US Factor | 0.30% | 4,679,763 | $221.9M | Add +1.0% |
| SCHD Schwab US DVD Equity ETF | 0.29% | 7,692,427 | $216.1M | Reduce -33.5% |
| SGOV iShares 0-3 Month Treasury B | 0.29% | 2,125,547 | $213.5M | Add +13.1% |
| CVX Chevron Corp. | 0.29% | 1,358,751 | $211.2M | Add +23.0% |
| VEA Vanguard Ftse Developed ETF | 0.28% | 3,254,229 | $208.7M | Add +1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 1,348,726 | $207.6M | Add +44.5% |
| APP AppLovin Corp. Class A | 0.28% | 334,886 | $206.6M | Add +34.2% |
| CSCO Cisco Systems Inc. | 0.28% | 2,700,893 | $203.1M | Add +3.9% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 614,518 | $201.3M | Reduce -1.8% |
| ABT Abbott Laboratories | 0.27% | 1,545,958 | $197.6M | Add +9.5% |
| MRK Merck & Co. Inc. | 0.27% | 1,797,434 | $196.0M | Add +2.1% |
| TSLA Tesla Inc. | 0.26% | 451,646 | $195.2M | Add +12.3% |
| SCHV Schwab US Large-Cap Value | 0.26% | 6,372,410 | $194.2M | Reduce -3.2% |
| IWB iShares Russell 1000 ETF | 0.26% | 508,594 | $193.0M | Reduce -3.0% |
| IWF iShares Russell 1000 Growth | 0.25% | 393,249 | $187.1M | Reduce -0.9% |
| CIEN Ciena Corp. | 0.25% | 734,365 | $187.0M | Reduce -8.7% |
| MS Morgan Stanley | 0.25% | 971,456 | $182.5M | Reduce -0.9% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.25% | 2,064,689 | $181.4M | Reduce -3.7% |
| SCHM Schwab US Mid Cap ETF | 0.24% | 5,748,603 | $180.5M | Add +0.3% |
| SHV iShares 0-1 Year Treasury Bo | 0.24% | 1,630,567 | $179.7M | Add +8.4% |
| ORCL Oracle Corp. | 0.24% | 917,304 | $178.0M | Add +13.0% |
| WFC Wells Fargo & Co. | 0.24% | 1,843,589 | $177.7M | Add +0.4% |
| PEP Pepsico Inc. | 0.24% | 1,278,338 | $177.5M | Reduce -0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 3,071,634 | $176.2M | Add +2.3% |
| DFAC Dimensional US Core Equity 2 | 0.24% | 4,346,500 | $176.0M | Reduce -1.4% |
| IJH iShares Core S&P Midcap ETF | 0.24% | 2,550,909 | $175.5M | Reduce -2.0% |
| WM Waste Management Inc. | 0.24% | 793,346 | $173.8M | Add +15.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.22% | 1,944,624 | $163.1M | Reduce -1.5% |
| IEF iShares 7-10 Year Treasury B | 0.22% | 1,684,459 | $162.2M | Add +2.5% |
| GEV GE Vernova Inc. | 0.21% | 228,502 | $156.9M | Add +4.2% |
| ETN Eaton Corp. PLC | 0.21% | 464,308 | $154.6M | Add +0.7% |
| JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F | 0.21% | 2,972,996 | $151.9M | Add +1.7% |
| DSTL Distillate US Fundamental St | 0.21% | 2,530,366 | $151.6M | Add +5.3% |
| MA Mastercard Inc. Class A | 0.21% | 259,438 | $151.4M | Reduce -41.7% |
| MCK McKesson Corp. | 0.20% | 181,793 | $150.3M | Reduce -1.1% |
| ICSH iShares Ultra Short Duration | 0.20% | 2,892,552 | $146.4M | Add +6.5% |
| XLG Invesco S&P 500 Top 50 ETF | 0.19% | 2,419,940 | $143.6M | Add +0.3% |
| ABBV Abbvie Inc. | 0.19% | 636,710 | $143.0M | Add +11.7% |
| RTX RTX Corp. | 0.19% | 745,859 | $142.5M | Add +0.4% |
| IWD iShares Russell 1000 Value E | 0.19% | 652,027 | $141.2M | Add +0.3% |
| JMUB JPMorgan Municipal ETF | 0.19% | 2,717,626 | $137.6M | Add +7.0% |
| HELO JPMorgan Hedged Equity ETF | 0.18% | 2,021,674 | $135.4M | Add +5.2% |
| SCHA Schwab US Small-Cap ETF | 0.18% | 4,406,361 | $130.9M | Reduce -3.1% |
| DFUV Dimensional US Marketwide Va | 0.18% | 2,702,280 | $130.2M | Reduce -3.0% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.17% | 3,723,423 | $128.5M | Add +4.0% |
| QCOM Qualcomm Inc. | 0.17% | 696,767 | $127.6M | Reduce -0.5% |
Options reported separately and not counted above: IBIT calls ($2.4M), BMNR calls ($1.9M), FETH calls ($1.5M), BE calls ($784K), AVGO puts ($740K), FISV puts ($436K), TLT calls ($427K), IONQ calls ($289K), CEG puts ($281K), RSP calls ($211K), LRCX puts ($142K), GLXY calls ($118K), and 17 more.
Other holdings (58): bonds, preferreds, convertibles and warrants · $8.3M (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 | 51,283 | $2.5M | Add +10.0% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 1,328 | $1.6M | Add +0.8% |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | 17,766 | $827K | Add +19.9% |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | 9,330 | $741K | New |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 486 | $612K | Add +1.3% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 4,832 | $400K | Reduce -18.1% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 12,426 | $310K | No change |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | 6,778 | $210K | New |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 17,097 | $181K | Add +26.8% |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 31,956 | $64K | No change |
| BLACKSTONE MORTGAGE TR (BXMT 5.5 03/15/27) | NOTE 5.500% 3/1 · principal | 65,000 | $64K | No change |
| LUMENTUM HOLDINGS INC (LITE 0.5 12/15/26) | NOTE 0.500%12/1 · principal | 15,000 | $60K | No change |
| ARRAY TECHNOLOGIES INC (ARRY 1 12/01/28) | NOTE 1.000%12/0 · principal | 34,000 | $31K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 30,000 | $30K | No change |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 27,000 | $27K | No change |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | 26,000 | $26K | No change |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | 26,000 | $25K | Reduce -13.3% |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | 21,000 | $23K | Add +110.0% |
| LANTHEUS HOLDINGS INC (LNTH 2.625 12/15/27) | NOTE 2.625%12/1 · principal | 19,000 | $22K | No change |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | 19,000 | $19K | Reduce -17.4% |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | 16,000 | $17K | Reduce -48.4% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 12,000 | $17K | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 17,000 | $17K | No change |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | 18,000 | $17K | Reduce -30.8% |
| PG&E CORP (PCG 4.25 12/01/27) | NOTE 4.250%12/0 · principal | 16,000 | $16K | No change |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | 18,000 | $16K | Reduce -18.2% |
| WORKIVA INC (WK 1.25 08/15/28) | NOTE 1.250% 8/1 · principal | 16,000 | $16K | No change |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | 16,000 | $15K | Add +33.3% |
| TELADOC HEALTH INC (TDOC 1.25 06/01/27) | NOTE 1.250% 6/0 · principal | 16,000 | $15K | No change |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | 15,000 | $15K | Reduce -34.8% |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | 16,000 | $15K | New |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | 14,000 | $15K | New |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | 12,000 | $15K | New |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 14,000 | $14K | New |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | 15,000 | $14K | Reduce -6.3% |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 16,000 | $14K | No change |
| TWO HARBORS INV CORP (TWO 6.25 01/15/26) | NOTE 6.250% 1/1 · principal | 14,000 | $14K | No change |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | 15,000 | $13K | Add +25.0% |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | 13,000 | $13K | No change |
| BRIDGEBIO PHARMA INC (BBIO 2.25 02/01/29) | NOTE 2.250% 2/0 · principal | 12,000 | $13K | No change |
| PPL CAPITAL FUNDING INC (PPL 2.875 03/15/28) | NOTE 2.875% 3/1 · principal | 12,000 | $13K | No change |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | 14,000 | $13K | New |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | 12,000 | $12K | New |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | 13,000 | $12K | Reduce -23.5% |
| ENOVIS CORP (ENOV 3.875 10/15/28) | NOTE 3.875%10/1 · principal | 12,000 | $12K | No change |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | 13,000 | $12K | Reduce -43.5% |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | 12,000 | $11K | Add +9.1% |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | 10,000 | $11K | New |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | 11,000 | $11K | New |
| AMERICAN WATER CAPITAL C (AWK 3.625 06/15/26) | NOTE 3.625% 6/1 · principal | 11,000 | $11K | No change |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | 11,000 | $11K | Add +10.0% |
| NORTHERN OIL & GAS INC (NOG 3.625 04/15/29) | NOTE 3.625% 4/1 · principal | 11,000 | $10K | No change |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | 11,000 | $10K | Reduce -15.4% |
| STARWOOD PROPERTY TRUST (STWD 6.75 07/15/27) | NOTE 6.750% 7/1 · principal | 10,000 | $10K | No change |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | 10,000 | $9K | New |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | 10,000 | $9K | New |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 30,000 | $2K | No change |
| LIBERTY INTERACTIVE LLC (LINTA 4 11/15/29) | DEB 4.000%11/1 · principal | 10,000 | $600 | No change |
Lines left out (1) · $4K — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| ALGS Aligos Therapeutics Inc. | COM NEW | 0 | $4K |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $73.7B.
Portfolio Sells Q3 2025 → Q4 2025
| ACN Accenture PLC Class A | Reduce -60.5% | 0.12% | −0.19 |
| MA Mastercard Inc. Class A | Reduce -41.7% | 0.21% | −0.19 |
| SCHD Schwab US DVD Equity ETF | Reduce -33.5% | 0.29% | −0.18 |
| HD Home Depot Inc. | Reduce -21.9% | 0.31% | −0.18 |
| JPST JPMorgan Ultra-Short Income | Reduce -19.6% | 0.39% | −0.15 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -58.8% | 0.08% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -40.6% | 0.12% | −0.11 |
| LMT Lockheed Martin Corp. | Reduce -40.9% | 0.13% | −0.11 |
| LONZ PIMCO Senior Loan Active ETF | Reduce -90.3% | 0.01% | −0.09 |
| FTNT Fortinet Inc. | Reduce -77.5% | 0.02% | −0.08 |
| BIV Vanguard Intermediate-Term B | Reduce -25.3% | 0.16% | −0.08 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.7% | 0.71% | −0.07 |
| NFLX Netflix Inc. | Reduce -8.6% | 0.12% | −0.07 |
| COST Costco Wholesale Corp. | Reduce -20.3% | 0.15% | −0.07 |
| CTAS Cintas Corp. | Reduce -62.3% | 0.03% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -6.3% | 0.43% | −0.05 |
| HWM Howmet Aerospace Inc. | Reduce -74.8% | 0.02% | −0.05 |
| ITW Illinois Tool Works | Reduce -47.9% | 0.04% | −0.05 |
| DVN Devon Energy Corp. | Reduce -35.0% | 0.06% | −0.04 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -2.0% | 0.34% | −0.04 |
| PSA Public Storage | Reduce -43.1% | 0.03% | −0.04 |
| MRSH Marsh & McLennan Cos | Reduce -54.8% | 0.02% | −0.04 |
| OLED Universal Display Corp. | Reduce -94.6% | 0.00% | −0.04 |
| PANW Palo Alto Networks Inc. | Reduce -2.8% | 0.12% | −0.03 |
| CTSH Cognizant Tech Solutions-A | Reduce -62.7% | 0.03% | −0.03 |
| AVAV Aerovironment Inc. | Reduce -3.4% | 0.07% | −0.03 |
| ORLY O'reilly Automotive Inc. | Reduce -45.5% | 0.02% | −0.03 |
| PEP Pepsico Inc. | Reduce -0.1% | 0.24% | −0.03 |
| RPM RPM International Inc. | Reduce -82.8% | 0.01% | −0.03 |
| RGLD Royal Gold Inc. | Reduce -75.6% | 0.01% | −0.03 |
| AMT American Tower Corp. | Reduce -26.4% | 0.05% | −0.03 |
| IWB iShares Russell 1000 ETF | Reduce -3.0% | 0.26% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -0.9% | 0.25% | −0.03 |
| FISV Fiserv Inc. | Reduce -56.9% | 0.01% | −0.03 |
| SCHV Schwab US Large-Cap Value | Reduce -3.2% | 0.26% | −0.03 |
| ADP Automatic Data Processing | Reduce -4.9% | 0.08% | −0.03 |
| AON Aon PLC Class A | Reduce -55.5% | 0.02% | −0.03 |
| MDYV SS SPDR S&P 400 MC Val ETF | Reduce -3.7% | 0.25% | −0.02 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -28.0% | 0.05% | −0.02 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.0% | 0.41% | −0.02 |
| TOTL SS Doubleline TR Tact ETF | Reduce -6.6% | 0.12% | −0.02 |
| JEPI JPMorgan Equity Premium Inco | Reduce -9.2% | 0.11% | −0.02 |
| MSTR Strategy Inc. | Reduce -34.6% | 0.01% | −0.02 |
| ZM Zoom Communications Inc. | Reduce -52.3% | 0.02% | −0.02 |
| GRMN Garmin Ltd. | Reduce -72.1% | 0.01% | −0.02 |
| DELL Dell Technologies -C | Reduce -41.6% | 0.02% | −0.02 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -1.5% | 0.22% | −0.02 |
| IBTF iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.02 |
| XLK SS Technology Select Sector | Reduce -6.8% | 0.12% | −0.02 |
| DFAC Dimensional US Core Equity 2 | Reduce -1.4% | 0.24% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| AVGO Broadcom Inc. | Add +693.8% | 3.77% | +3.25 |
| LRCX Lam Research Corp. | Add +538.7% | 0.54% | +0.48 |
| GOOGL Alphabet Inc. Class A | Add +1.1% | 1.21% | +0.16 |
| NEOS ETF TRUST | New | 0.13% | +0.13 |
| JCPB JPMorgan Core Plus Bond ETF | Add +618.7% | 0.14% | +0.12 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +42.0% | 0.46% | +0.12 |
| FTMS FR Short-Term Muni Inc. ETF | New | 0.11% | +0.11 |
| ALAB Astera Labs Inc. | Add +8370.5% | 0.11% | +0.11 |
| JMBS Janus Henderson Mortg Backed | Add +691.3% | 0.12% | +0.10 |
| PYLD PIMCO Multisector Bond Actv | Add +340.8% | 0.12% | +0.09 |
| TJX TJX Companies Inc. | Add +44.5% | 0.28% | +0.08 |
| GOOG Alphabet Inc. Class C | Add +2.4% | 0.53% | +0.08 |
| UI Ubiquiti Inc. | Add +244.3% | 0.12% | +0.07 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +37.0% | 0.38% | +0.07 |
| IVZ Invesco Ltd. | Add +989.7% | 0.07% | +0.07 |
| AKRE Akre Focus ETF | New | 0.07% | +0.07 |
| AU Anglogold Ashanti PLC | Add +15115.7% | 0.06% | +0.06 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +151.5% | 0.10% | +0.06 |
| AMZN Amazon.com Inc. | Add +6.9% | 1.28% | +0.05 |
| VRSN Verisign Inc. | Add +152.4% | 0.10% | +0.05 |
| ESUM Eventide US Market ETF | Add +2097.6% | 0.05% | +0.05 |
| LLY Eli Lilly & Co. | Add +5.8% | 0.31% | +0.05 |
| IBKR Interactive Brokers Gro Class A | Add +1013.5% | 0.06% | +0.05 |
| GWW WW Grainger Inc. | Add +212.3% | 0.08% | +0.05 |
| RSG Republic Services Inc. | Add +80.4% | 0.14% | +0.05 |
| WTV Wisdomtree U.S. Value Fund | Add +7765.7% | 0.05% | +0.04 |
| APP AppLovin Corp. Class A | Add +34.2% | 0.28% | +0.04 |
| CME Cme Group Inc. | Add +117.3% | 0.08% | +0.04 |
| EQT Eqt Corp. | Add +608.3% | 0.05% | +0.04 |
| MU Micron Technology Inc. | Add +15.9% | 0.07% | +0.03 |
| FFIV F5 Inc. | Add +209.5% | 0.06% | +0.03 |
| CGCV Cap Group Conservative Eq | Add +5529.3% | 0.03% | +0.03 |
| QLTY GMO U.S. Quality ETF | Add +512.7% | 0.04% | +0.03 |
| RKLB Rocket Lab Corp. | Add +139.3% | 0.05% | +0.03 |
| MRK Merck & Co. Inc. | Add +2.1% | 0.27% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +26.3% | 0.11% | +0.03 |
| WMT Walmart Inc. | Add +7.8% | 0.47% | +0.03 |
| NBSD Neuberger Short Duration Inc. | Add +6773.5% | 0.03% | +0.03 |
| POCT Innovator U.S. Equity Power | Add +157.3% | 0.05% | +0.03 |
| CVX Chevron Corp. | Add +23.0% | 0.29% | +0.03 |
| AMCR Amcor PLC | Add +395.9% | 0.03% | +0.03 |
| WCMI FT WCM International ETF | Add +796.5% | 0.03% | +0.03 |
| PEGA Pegasystems Inc. | Add +160.5% | 0.04% | +0.02 |
| APPF Appfolio Inc. Class A | Add +263.4% | 0.03% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +3.8% | 0.11% | +0.02 |
| CB Chubb Ltd. | Add +21.3% | 0.17% | +0.02 |
| QSR Restaurant Brands Intern | Add +937.7% | 0.02% | +0.02 |
| GLD SPDR Gold Shares | Add +14.0% | 0.16% | +0.02 |
| AMAT Applied Materials Inc. | Add +1.4% | 0.08% | +0.02 |
| NOC Northrop Grumman Corp. | Add +38.9% | 0.11% | +0.02 |
Options Activity Q3 2025 → Q4 2025
| ETH Grayscale Ethereum Staking M | call | Sold out | 320,000 | $4.4Mbefore exit |
| VRT Vertiv Holdings Co. Class A | call | Sold out | 67,323 | $4.2Mbefore exit |
| IBIT iShares Bitcoin Trust ETF | call | Add +1.6% | 216,000 | $2.4M |
| BMNR Bitmine Immersion Technologi | call | Reduce -31.9% | 150,400 | $1.9M |
| FETH Fidelity Ethereum Fund | call | New | 270,000 | $1.5M |
| OKLO Oklo Inc. | call | Sold out | 19,000 | $1.5Mbefore exit |
| AVGO Broadcom Inc. | put | Add +7.6% | 14,600 | $740K |
| CRWV Coreweave Inc. Class A | call | Sold out | 9,400 | $698Kbefore exit |
| META Meta Platforms Inc. Class A | call | Sold out | 2,740 | $580Kbefore exit |
| CDNS Cadence Design SYS Inc. | call | Sold out | 7,284 | $450Kbefore exit |
| FISV Fiserv Inc. | put | Reduce -98.9% | 184 | $436K |
| TLT iShares 20+ Year Treasury BD | call | Add +7.5% | 215,000 | $427K |
| PANW Palo Alto Networks Inc. | call | Sold out | 6,538 | $331Kbefore exit |
| IONQ Ionq Inc. | call | New | 17,700 | $289K |
| CEG Constellation Energy | put | New | 7,900 | $281K |
| LRCX Lam Research Corp. | put | New | 13,400 | $142K |
| TSLA Tesla Inc. | put | Sold out | 10,500 | $125Kbefore exit |
| GLXY Galaxy Digital Inc. Class A | call | Reduce -30.0% | 10,500 | $118K |
| BMO Bank of Montreal | put | Reduce -14.3% | 24,000 | $104K |
| GOOGL Alphabet Inc. Class A | put | Sold out | 15,981 | $70Kbefore exit |
| GRAB Grab Holdings Ltd. Class A | call | Add +11.1% | 50,000 | $63K |
| NU Nu Holdings Ltd./Cayman Isl-A | call | New | 10,000 | $63K |
| TAN Invesco Solar ETF | call | Sold out | 12,000 | $31Kbefore exit |
| DIREXION DAILY FIN BEAR 3X | call | Sold out | 40,000 | $26Kbefore exit |
| BB Blackberry Ltd. | call | Sold out | 150,600 | $23Kbefore exit |
| DIREXION DLY S&P 500 BEAR 3X | call | Sold out | 48,000 | $21Kbefore exit |
| DKNG Draftkings Inc. Class A | call | Sold out | 21,604 | $17Kbefore exit |
| RZLV Rezolve AI PLC | call | New | 10,000 | $11K |
| FLG Flagstar Bank NA | call | Reduce -6.9% | 13,500 | $8K |
| BIDU Baidu Inc. - Spon ADR | put | Sold out | 13,000 | $6Kbefore exit |
| DEFT Defi Technologies Inc. | call | Sold out | 13,500 | $3Kbefore exit |
| SHW The Sherwin-Williams Co. | put | Reduce -20.4% | 14,866 | $2K |
| NVDA Nvidia Corp. | call | Reduce -100.0% | 0 | $0 |
| PLTR Palantir Technologies Inc. Class A | call | Reduce -90.8% | 7,107 | $0 |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Reduce -100.0% | 0 | $0 |
| CRWD CrowdStrike Holdings Inc. Class A | call | Reduce -53.8% | 2,799 | $0 |
| AAPL Apple Inc. | put | Reduce -100.0% | 0 | $0 |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -90.0% | 5,437 | $0 |
| UPS United Parcel Service Class B | put | Reduce -71.3% | 5,809 | $0 |
| QQQ Invesco QQQ Trust Series 1 | call | Reduce -100.0% | 0 | $0 |
| MSFT Microsoft Corp. | put | Reduce -100.0% | 0 | $0 |
| NVDA Nvidia Corp. | put | Reduce -100.0% | 0 | $0 |
| QQQ Invesco QQQ Trust Series 1 | put | Reduce -100.0% | 0 | $0 |
| IWM iShares Russell 2000 ETF | call | Reduce -10.8% | 27,477 | $0 |
| AMD Advanced Micro Devices | call | Reduce -100.0% | 0 | $0 |
| XOM Exxon Mobil Corp. | put | Reduce -100.0% | 0 | $0 |
| AMZN Amazon.com Inc. | put | Reduce -100.0% | 0 | $0 |
| USB US Bancorp | put | Reduce -94.9% | 918 | $0 |
| GLD SPDR Gold Shares | put | Reduce -100.0% | 0 | $0 |
| MO Altria Group Inc. | call | Reduce -32.7% | 16,514 | $0 |
Showing the first 50 of 52.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| EL PASO ENERGY CAP TRST (KMI 4.75 03/31/28) | PFD CV TR SEC 28 | Add +10.0% | 51,283 | $2.5M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Add +0.8% | 1,328 | $1.6M |
| LXP INDUSTRIAL TRUST (LXP 6.5 PERP C) | PFD CONV SER C | Add +19.9% | 17,766 | $827K |
| APOLLO GLOBAL MANAGEMENT (APO 6.75 07/31/26) | SER A MAND CNV | New | 9,330 | $741K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +1.3% | 486 | $612K |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Reduce -18.1% | 4,832 | $400K |
| EPR PROPERTIES (EPR 9 PERP E) | CONV PFD 9% SR E | New | 6,778 | $210K |
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +26.8% | 17,097 | $181K |
| ON SEMICONDUCTOR CORP (ON 0.5 03/01/29) | NOTE 0.500% 3/0 · principal | Reduce -13.3% | 26,000 | $25K |
| HALOZYME THERAPEUTICS IN (HALO 0.25 03/01/27) | NOTE 0.250% 3/0 · principal | Add +110.0% | 21,000 | $23K |
| SHIFT4 PAYMENTS INC (FOUR 0.5 08/01/27) | NOTE 0.500% 8/0 · principal | Sold out | 22,000 | $22Kbefore exit |
| COINBASE GLOBAL INC (COIN 0.5 06/01/26) | NOTE 0.500% 6/0 · principal | Sold out | 18,000 | $21Kbefore exit |
| PROGRESS SOFTWARE CORP (PRGS 3.5 03/01/30) | NOTE 3.500% 3/0 · principal | Reduce -17.4% | 19,000 | $19K |
| DEXCOM INC (DXCM 0.25 11/15/25) | NOTE 0.250%11/1 · principal | Sold out | 18,000 | $18Kbefore exit |
| PENN ENTERTAINMENT INC (PENN 2.75 05/15/26) | NOTE 2.750% 5/1 · principal | Sold out | 17,000 | $17Kbefore exit |
| FORD MOTOR COMPANY (F 0 03/15/26) | NOTE 3/1 · principal | Reduce -48.4% | 16,000 | $17K |
| DRAFTKINGS HOLDINGS INC (DKNG 0 03/15/28) | NOTE 3/1 · principal | Reduce -30.8% | 18,000 | $17K |
| FIVE9 INC (FIVN 1 03/15/29) | NOTE 1.000% 3/1 · principal | Reduce -18.2% | 18,000 | $16K |
| MARRIOTT VACATION WORLDW (VAC 3.25 12/15/27) | NOTE 3.250%12/1 · principal | Add +33.3% | 16,000 | $15K |
| NCL CORPORATION LTD (NCLH 1.125 02/15/27) | NOTE 1.125% 2/1 · principal | Reduce -34.8% | 15,000 | $15K |
| SHAKE SHACK INC (SHAK 0 03/01/28) | NOTE 3/0 · principal | Sold out | 16,000 | $15Kbefore exit |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | Sold out | 15,000 | $15Kbefore exit |
| VARONIS SYSTEM INC (VRNS 1 09/15/29) | NOTE 1.000% 9/1 · principal | New | 16,000 | $15K |
| LIVE NATION ENTERTAINMEN (LYV 2.875 01/15/30) | NOTE 2.875% 1/1 · principal | New | 14,000 | $15K |
| APPLIED OPTOELECTRONICS INC | NOTE 2.750% 1/1 · principal | New | 12,000 | $15K |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | New | 14,000 | $14K |
| BOX INC (BOX 1.5 09/15/29) | NOTE 1.500% 9/1 · principal | Reduce -6.3% | 15,000 | $14K |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | NOTE 1.500% 3/0 · principal | Add +25.0% | 15,000 | $13K |
| UPSTART HOLDINGS INC (UPST 1 11/15/30) | NOTE 1.000%11/1 · principal | New | 14,000 | $13K |
| SOUTHERN CO (SO 3.875 12/15/25) | NOTE 3.875%12/1 · principal | Sold out | 11,000 | $13Kbefore exit |
| ETSY INC (ETSY 0.125 10/01/26) | NOTE 0.125%10/0 · principal | New | 12,000 | $12K |
| VISHAY INTERTECHNOLOGY (VSH 2.25 09/15/30) | NOTE 2.250% 9/1 · principal | Reduce -23.5% | 13,000 | $12K |
| CHEESECAKE FACTORY (THE) (CAKE 0.375 06/15/26) | NOTE 0.375% 6/1 · principal | Sold out | 12,000 | $12Kbefore exit |
| NEW MOUNTAIN FINANCE COR (NMFC 7.5 10/15/25) | NOTE 7.500%10/1 · principal | Sold out | 12,000 | $12Kbefore exit |
| ITRON INC (ITRI 0 03/15/26) | NOTE 3/1 · principal | Sold out | 11,000 | $12Kbefore exit |
| PAGERDUTY INC. (PD 1.5 10/15/28 *) | NOTE 1.500%10/1 · principal | Sold out | 12,000 | $12Kbefore exit |
| SNAP INC (SNAP 0.5 05/01/30) | NOTE 0.500% 5/0 · principal | Reduce -43.5% | 13,000 | $12K |
| TRAVERE THERAPEUTICS INC (TVTX 2.25 03/01/29) | NOTE 2.250% 3/0 · principal | Sold out | 10,000 | $12Kbefore exit |
| CONFLUENT INC (CFLT 0 01/15/27) | NOTE 1/1 · principal | Sold out | 12,000 | $11Kbefore exit |
| VERTEX INC (VERX 0.75 05/01/29) | NOTE 0.750% 5/0 · principal | Add +9.1% | 12,000 | $11K |
| NUTANIX INC (NTNX 0.25 10/01/27) | NOTE 0.250%10/0 · principal | New | 10,000 | $11K |
| DATADOG INC (DDOG 0 12/01/29) | NOTE 12/0 · principal | New | 11,000 | $11K |
| MERITAGE HOMES CORP (MTH 1.75 05/15/28) | NOTE 1.750% 5/1 · principal | Add +10.0% | 11,000 | $11K |
| WINNEBAGO INDUSTRIES (WGO 3.25 01/15/30) | NOTE 3.250% 1/1 · principal | Reduce -15.4% | 11,000 | $10K |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | Sold out | 12,000 | $10Kbefore exit |
| EXACT SCIENCES CORP (EXAS 0.375 03/01/28) | NOTE 0.375% 3/0 · principal | Sold out | 11,000 | $10Kbefore exit |
| HAEMONETICS CORP (HAE 2.5 06/01/29) | NOTE 2.500% 6/0 · principal | Sold out | 11,000 | $10Kbefore exit |
| EXPEDIA GROUP INC (EXPE 0 02/15/26) | NOTE 2/1 · principal | Sold out | 10,000 | $10Kbefore exit |
| AMPHASTAR PHARMACEUTICAL (AMPH 2 03/15/29) | NOTE 2.000% 3/1 · principal | New | 10,000 | $9K |
| BILL HOLDINGS INC (BILL 0 04/01/30) | NOTE 4/0 · principal | New | 10,000 | $9K |
Showing the first 50 of 53.
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 |