Wedbush Securities Inc.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), Wedbush Securities Inc. reported 1,203 stock positions worth $3.4 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.4% of the portfolio, followed by Apple (AAPL, 7.3%) and Nvidia (NVDA, 5.1%). Compared with Q3 2025, it opened 97 new positions, sold out of 57, added to 667 and reduced 351. The biggest buy was Invesco QQQ Trust Series 1 (QQQ, shares +72%) and the biggest sale Netflix (NFLX, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- PASADENA, CA
- CIK
- 0001142495
- Portfolio Value
- $3.4B (Q4 2025)
- SEC Filing
- 0001142495-26-000004 ↗ filed Feb 12, 2026
Holdings Value
Holdings 1,203 stocks · $3.4B
| VOO Vanguard S&P 500 ETF | 11.35% | 619,976 | $388.8M | Add +7.8% |
| AAPL Apple Inc. | 7.26% | 914,052 | $248.5M | Add +12.3% |
| NVDA Nvidia Corp. | 5.06% | 929,749 | $173.4M | Add +0.8% |
| MSFT Microsoft Corp. | 3.15% | 223,220 | $108.0M | Add +9.5% |
| COST Costco Wholesale Corp. | 2.89% | 114,653 | $98.9M | Add +1.8% |
| AMZN Amazon.com Inc. | 2.81% | 417,324 | $96.3M | Add +2.8% |
| QQQ Invesco QQQ Trust Series 1 | 2.18% | 121,326 | $74.5M | Add +72.4% |
| GOOGL Alphabet Inc. Class A | 1.53% | 167,415 | $52.4M | Add +2.1% |
| GOOG Alphabet Inc. Class C | 1.18% | 129,243 | $40.6M | Reduce -3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.15% | 57,898 | $39.5M | Add +8.6% |
| META Meta Platforms Inc. Class A | 1.12% | 58,084 | $38.3M | Add +16.3% |
| TSLA Tesla Inc. | 1.07% | 81,650 | $36.7M | Add +9.6% |
| SGOV iShares 0-3 Month Treasury B | 0.92% | 314,596 | $31.6M | Add +3.9% |
| PLTR Palantir Technologies Inc. Class A | 0.90% | 173,817 | $30.9M | Add +5.8% |
| JPM JPMorgan Chase & Co. | 0.84% | 89,409 | $28.8M | Add +5.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.76% | 51,700 | $26.0M | Add +2.1% |
| IVES Dan Wedbush AI Rev ETF | 0.75% | 814,241 | $25.7M | Add +15.8% |
| AVGO Broadcom Inc. | 0.71% | 70,661 | $24.5M | Add +5.4% |
| IVV iShares Core S&P 500 ETF | 0.64% | 32,235 | $22.1M | Add +10.8% |
| V Visa Inc. Class A | 0.64% | 62,674 | $22.0M | Reduce -0.8% |
| LLY Eli Lilly & Co. | 0.57% | 18,074 | $19.4M | Add +10.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.56% | 64,419 | $19.1M | Add +7.2% |
| HD Home Depot Inc. | 0.55% | 54,899 | $18.9M | Add +0.4% |
| CVX Chevron Corp. | 0.55% | 122,811 | $18.7M | Add +22.5% |
| AMD Advanced Micro Devices | 0.54% | 85,939 | $18.4M | Add +2.0% |
| ABBV Abbvie Inc. | 0.54% | 80,537 | $18.4M | Add +3.3% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.49% | 737,797 | $16.7M | Add +6.9% |
| NFLX Netflix Inc. | 0.45% | 164,663 | $15.4M | Reduce -1.6% |
| VTI VG Morningstar TS MKT ETF-US | 0.43% | 44,211 | $14.8M | Add +47.7% |
| WMT Walmart Inc. | 0.42% | 129,397 | $14.4M | Add +10.9% |
| CSCO Cisco Systems Inc. | 0.42% | 186,823 | $14.4M | Add +9.6% |
| XOM Exxon Mobil Corp. | 0.41% | 117,355 | $14.1M | Add +14.1% |
| MA Mastercard Inc. Class A | 0.41% | 24,494 | $14.0M | Reduce -3.2% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.41% | 29,029 | $14.0M | Add +256.8% |
| JNJ Johnson & Johnson | 0.39% | 64,630 | $13.4M | Add +6.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.39% | 242,216 | $13.3M | Add +28.7% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.38% | 301,920 | $13.2M | Add +26.1% |
| ORCL Oracle Corp. | 0.37% | 65,474 | $12.8M | Add +24.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.37% | 112,134 | $12.8M | Add +58.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.37% | 66,344 | $12.7M | Add +43.5% |
| PANW Palo Alto Networks Inc. | 0.36% | 67,109 | $12.4M | Add +11.1% |
| CAT Caterpillar Inc. | 0.36% | 21,322 | $12.2M | Add +29.8% |
| QCOM Qualcomm Inc. | 0.35% | 70,374 | $12.0M | Add +32.8% |
| C Citigroup Inc. | 0.35% | 102,382 | $11.9M | Add +88.9% |
| PG The Procter & Gamble Co. | 0.34% | 81,994 | $11.8M | Add +12.8% |
| BA The Boeing Co. | 0.32% | 51,180 | $11.1M | Add +26.1% |
| GLD SPDR Gold Shares | 0.31% | 26,549 | $10.5M | Add +14.1% |
| JEPI JPMorgan Equity Premium Inco | 0.31% | 183,284 | $10.5M | Reduce -1.5% |
| RTX RTX Corp. | 0.28% | 53,168 | $9.8M | Add +15.6% |
| AMGN Amgen Inc. | 0.28% | 29,785 | $9.7M | Add +4.6% |
| GOLD Gold.com Inc. | 0.27% | 274,136 | $9.3M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 0.27% | 28,129 | $9.3M | Reduce -3.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 18,975 | $9.3M | Add +4.8% |
| MCD McDonald's Corp. | 0.27% | 29,757 | $9.1M | Add +4.5% |
| XLK SS Technology Select Sector | 0.26% | 61,321 | $8.8M | Add +31.8% |
| AXP American Express Co. | 0.26% | 23,702 | $8.8M | Add +3.3% |
| ISRG Intuitive Surgical Inc. | 0.23% | 13,863 | $7.9M | Add +0.5% |
| VONG Vanguard Russell 1000 Growth | 0.23% | 64,364 | $7.8M | Add +0.5% |
| GD General Dynamics Corp. | 0.23% | 23,054 | $7.8M | Add +8.8% |
| NXDT Nexpoint Diversified Real Es | 0.22% | 1,939,041 | $7.4M | Add +494.3% |
| GS Goldman Sachs Group Inc. | 0.21% | 8,339 | $7.3M | Add +11.7% |
| ABT Abbott Laboratories | 0.21% | 57,421 | $7.2M | Add +18.4% |
| PEP Pepsico Inc. | 0.21% | 50,041 | $7.2M | Add +17.4% |
| VWO Vanguard Ftse Emerging Marke | 0.21% | 133,093 | $7.2M | Add +5.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 23,508 | $7.1M | Add +18.1% |
| GEV GE Vernova Inc. | 0.21% | 10,879 | $7.1M | Add +78.1% |
| SRLN SS Blackstone Sr Loan ETF | 0.21% | 170,548 | $7.0M | Add +9.7% |
| VZ Verizon Communications Inc. | 0.20% | 169,790 | $6.9M | Add +20.4% |
| CB Chubb Ltd. | 0.20% | 21,973 | $6.9M | Add +8.5% |
| MINT PIMCO Enhanced Short Maturit | 0.20% | 66,786 | $6.7M | Add +1.3% |
| KO The Coca-Cola Co. | 0.19% | 92,011 | $6.4M | Add +1.1% |
| VEA Vanguard Ftse Developed ETF | 0.19% | 102,846 | $6.4M | Reduce -14.1% |
| SHV iShares 0-1 Year Treasury Bo | 0.18% | 57,103 | $6.3M | Add +1.0% |
| BUFD FT VST Lad Deep Buf ETF-Usdi | 0.18% | 221,908 | $6.3M | Add +2.6% |
| FTCS First Trust Capital Strength | 0.18% | 67,616 | $6.3M | Add +17.3% |
| CRM Salesforce Inc. | 0.18% | 23,442 | $6.2M | Reduce -3.4% |
| PPIH Perma-Pipe International Hol | 0.18% | 204,305 | $6.2M | Reduce -11.4% |
| WDC Western Digital Corp. | 0.18% | 35,944 | $6.2M | Add +14.9% |
| BUCK Simplify Treasury Option Inc. | 0.18% | 260,525 | $6.2M | Add +3.8% |
| NEE Nextera Energy Inc. | 0.18% | 76,496 | $6.1M | Add +19.2% |
| YEAR AB Ultra Short Income ETF filed as AB ACTIVE ETFS INC | 0.18% | 120,306 | $6.1M | Add +56.0% |
| SMH Vaneck Semiconductor ETF | 0.17% | 16,399 | $5.9M | Add +13.6% |
| FTLS First Trust Long/Short Eqty | 0.17% | 82,714 | $5.9M | Add +704.8% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 12,453 | $5.8M | Add +22.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.17% | 58,181 | $5.8M | Add +75.7% |
| PPA Invesco Aerospace & Defense | 0.16% | 36,012 | $5.6M | Add +8.4% |
| MRK Merck & Co. Inc. | 0.16% | 53,472 | $5.6M | Reduce -0.7% |
| BLK BlackRock Inc. | 0.16% | 5,219 | $5.6M | Add +9.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.16% | 127,442 | $5.4M | Reduce -9.9% |
| BKLN Invesco Senior Loan ETF | 0.16% | 258,710 | $5.4M | Add +0.6% |
| TCAF T Rowe PRC Cap Appreciation | 0.16% | 141,451 | $5.4M | Add +63.8% |
| MDT Medtronic PLC | 0.15% | 54,189 | $5.2M | Add +18.3% |
| NOW ServiceNow Inc. | 0.15% | 33,446 | $5.1M | Reduce -1.1% |
| SCHD Schwab US DVD Equity ETF | 0.15% | 186,559 | $5.1M | Add +1.7% |
| NOBL Proshares S&P 500 Dividend A | 0.15% | 48,979 | $5.1M | Reduce -1.3% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.15% | 148,126 | $5.1M | Add +6.3% |
| OEF iShares S&P 100 ETF | 0.15% | 14,685 | $5.0M | Add +0.2% |
| WFC Wells Fargo & Co. | 0.15% | 54,021 | $5.0M | Add +3.8% |
| IWF iShares Russell 1000 Growth | 0.15% | 10,635 | $5.0M | Add +8.6% |
| KLAC KLA Corp. | 0.15% | 4,125 | $5.0M | Add +2.7% |
Other holdings (4): bonds, preferreds, convertibles and warrants · $2.4M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 14,499 | $1.1M | Add +1.6% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 472 | $572K | Reduce -16.9% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 400 | $501K | Reduce -2.0% |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 3,645 | $212K | Add +4.4% |
Total filed on the 13F, all lines: $3.4B.
Portfolio Sells Q3 2025 → Q4 2025
| NFLX Netflix Inc. | Reduce -1.6% | 0.45% | −0.20 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -93.2% | 0.01% | −0.12 |
| BST BlackRock Science & Tech TR | Reduce -34.0% | 0.14% | −0.10 |
| KKR KKR & Co. Inc. | Reduce -79.2% | 0.02% | −0.07 |
| V Visa Inc. Class A | Reduce -0.8% | 0.64% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -3.2% | 0.41% | −0.06 |
| SBET Sharplink Inc. | Reduce -45.3% | 0.02% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -3.0% | 0.27% | −0.06 |
| NOW ServiceNow Inc. | Reduce -1.1% | 0.15% | −0.05 |
| VEA Vanguard Ftse Developed ETF | Reduce -14.1% | 0.19% | −0.05 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -9.9% | 0.16% | −0.04 |
| BMNR Bitmine Immersion Technologi | Reduce -14.5% | 0.03% | −0.04 |
| JEPI JPMorgan Equity Premium Inco | Reduce -1.5% | 0.31% | −0.04 |
| OXLC Oxford Lane Capital Corp. | Reduce -20.7% | 0.06% | −0.04 |
| ADBE Adobe Inc. | Reduce -13.1% | 0.12% | −0.03 |
| SBUX Starbucks Corp. | Reduce -13.6% | 0.11% | −0.03 |
| CMG Chipotle Mexican Grill Inc. | Reduce -56.2% | 0.02% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -3.2% | 0.12% | −0.03 |
| PFLT Pennantpark Floating Rate Ca | Reduce -72.7% | 0.01% | −0.03 |
| ECC Eagle Point Credit Co. | Reduce -18.1% | 0.05% | −0.03 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -12.0% | 0.10% | −0.03 |
| XLE SS Energy Select Sector | Reduce -9.6% | 0.11% | −0.03 |
| ETHA iShares Ethereum Trust ETF | Reduce -32.9% | 0.02% | −0.03 |
| AMLP Alerian MLP ETF | Reduce -33.0% | 0.04% | −0.03 |
| ECAT BlackRock ESG Cap All TRM TR | Reduce -40.3% | 0.02% | −0.02 |
| VST Vistra Corp. | Reduce -1.9% | 0.06% | −0.02 |
| NXH Neighborhood Intelligence Inc. | Reduce -13.3% | 0.02% | −0.02 |
| SNPS Synopsys Inc. | Reduce -0.2% | 0.12% | −0.02 |
| BNOV Innovator U.S. Equity Buffer | Reduce -65.9% | 0.01% | −0.02 |
| SYK Stryker Corp. | Reduce -7.6% | 0.07% | −0.02 |
| CZR Caesars Entertainment Inc. | Sold out | 0.00% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -31.2% | 0.03% | −0.02 |
| FISV Fiserv Inc. | Reduce -24.5% | 0.01% | −0.02 |
| NOBL Proshares S&P 500 Dividend A | Reduce -1.3% | 0.15% | −0.02 |
| FPEI First Trust Institutional PR | Reduce -13.2% | 0.06% | −0.02 |
| CI The Cigna Group | Reduce -12.6% | 0.05% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -14.3% | 0.03% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -15.8% | 0.05% | −0.02 |
| XMHQ Invesco S&P Midcap Qual ETF | Reduce -31.8% | 0.02% | −0.02 |
| TMUS T-Mobile US Inc. | Reduce -5.0% | 0.04% | −0.02 |
| DLY Doubleline Yield Opport | Reduce -11.9% | 0.05% | −0.02 |
| ACWI iShares MSCI Acwi ETF | Reduce -48.6% | 0.01% | −0.01 |
| GRMN Garmin Ltd. | Reduce -0.7% | 0.04% | −0.01 |
| ZBRA Zebra Technologies Corp. Class A | Reduce -16.5% | 0.02% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -4.5% | 0.04% | −0.01 |
| EOG EOG Resources Inc. | Reduce -10.5% | 0.04% | −0.01 |
| RWT Redwood Trust Inc. | Reduce -14.9% | 0.03% | −0.01 |
| XEL Xcel Energy Inc. | Reduce -1.2% | 0.05% | −0.01 |
| HUN Huntsman Corp. | Sold out | 0.00% | −0.01 |
| MCK McKesson Corp. | Reduce -19.1% | 0.04% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| QQQ Invesco QQQ Trust Series 1 | Add +72.4% | 2.18% | +0.79 |
| AAPL Apple Inc. | Add +12.3% | 7.26% | +0.48 |
| DIA SS SPDR Dow Jones Indus Avg | Add +256.8% | 0.41% | +0.28 |
| GOOGL Alphabet Inc. Class A | Add +2.1% | 1.53% | +0.23 |
| NXDT Nexpoint Diversified Real Es | Add +494.3% | 0.22% | +0.18 |
| C Citigroup Inc. | Add +88.9% | 0.35% | +0.17 |
| LLY Eli Lilly & Co. | Add +10.0% | 0.57% | +0.16 |
| FTLS First Trust Long/Short Eqty | Add +704.8% | 0.17% | +0.15 |
| FAD First Trust Multi Cap Growth | New | 0.12% | +0.12 |
| VTI VG Morningstar TS MKT ETF-US | Add +47.7% | 0.43% | +0.11 |
| UCON First Trust Smith Unconstrai | Add +1012.9% | 0.12% | +0.11 |
| DIS The Walt Disney Co. | Add +58.0% | 0.37% | +0.11 |
| CAT Caterpillar Inc. | Add +29.8% | 0.36% | +0.10 |
| LMBS First Trust Low Duration Opp | Add +262.9% | 0.14% | +0.10 |
| AMD Advanced Micro Devices | Add +2.0% | 0.54% | +0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +43.5% | 0.37% | +0.09 |
| GEV GE Vernova Inc. | Add +78.1% | 0.21% | +0.08 |
| FICS FT International Dev Cap STR | Add +599.4% | 0.10% | +0.08 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +469.6% | 0.10% | +0.08 |
| BAC Bank of America Corp. | Add +28.7% | 0.39% | +0.07 |
| QCOM Qualcomm Inc. | Add +32.8% | 0.35% | +0.06 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +75.7% | 0.17% | +0.06 |
| WDC Western Digital Corp. | Add +14.9% | 0.18% | +0.06 |
| FEGE First Eagle GL Equity ETF | Add +95.8% | 0.12% | +0.06 |
| CGDV Cap Group Dividend Value | Add +26.1% | 0.38% | +0.06 |
| NKE Nike Inc. Class B | Add +104.6% | 0.13% | +0.05 |
| GDX Vaneck Gold Miners ETF | Add +84.4% | 0.11% | +0.05 |
| TCAF T Rowe PRC Cap Appreciation | Add +63.8% | 0.16% | +0.05 |
| ALLW State Street Brgwtr All WTHR | New | 0.05% | +0.05 |
| YEAR AB Ultra Short Income ETF | Add +56.0% | 0.18% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +99.1% | 0.11% | +0.05 |
| XLK SS Technology Select Sector | Add +31.8% | 0.26% | +0.04 |
| SNDK Sandisk Corp. | Add +9.4% | 0.08% | +0.04 |
| PFF iShares Preferred & Income S | Add +80.7% | 0.11% | +0.04 |
| CSCO Cisco Systems Inc. | Add +9.6% | 0.42% | +0.04 |
| BA The Boeing Co. | Add +26.1% | 0.32% | +0.04 |
| CVX Chevron Corp. | Add +22.5% | 0.55% | +0.04 |
| GLD SPDR Gold Shares | Add +14.1% | 0.31% | +0.04 |
| XOM Exxon Mobil Corp. | Add +14.1% | 0.41% | +0.03 |
| RTX RTX Corp. | Add +15.6% | 0.28% | +0.03 |
| SYFI AB SHRT Duration HGH YLD ETF | New | 0.03% | +0.03 |
| AOM iShares Core 40/60 Moderate | New | 0.03% | +0.03 |
| IWP iShares Russell Mid-Cap Grow | New | 0.03% | +0.03 |
| PLTK Playtika Holding Corp. | New | 0.03% | +0.03 |
| TBIL F/M US Treasury 3 Month Bill | Add +166.3% | 0.05% | +0.03 |
| WMT Walmart Inc. | Add +10.9% | 0.42% | +0.03 |
| ISRG Intuitive Surgical Inc. | Add +0.5% | 0.23% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | Add +75.0% | 0.07% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +18.1% | 0.21% | +0.03 |
| AIRR First Trust Rba American Ind | Add +54.2% | 0.09% | +0.03 |
Notes & Other Activity Q3 2025 → Q4 2025
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +1.6% | 14,499 | $1.1M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -16.9% | 472 | $572K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -2.0% | 400 | $501K |
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | Add +4.4% | 3,645 | $212K |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 68,404 | $5Kbefore exit |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | Sold out | 24,910 | $0before exit |
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 | 1,305 | $3.9B | VOO, AAPL, NVDA, COST, AMZN |
| Q1 2026 | 1,232 | $3.4B | VOO, AAPL, NVDA, COST, AMZN |
| Q4 2025 | 1,203 | $3.4B | VOO, AAPL, NVDA, MSFT, COST |
| Q3 2025 | 1,162 | $3.1B | VOO, AAPL, NVDA, MSFT, COST |
| Q2 2025 | 1,151 | $2.9B | VOO, AAPL, NVDA, COST, MSFT |
| Q1 2025 | 1,108 | $2.7B | VOO, AAPL, COST, NVDA, AMZN |
| Q4 2024 | 1,134 | $2.8B | VOO, AAPL, NVDA, COST, AMZN |
| Q3 2024 | 1,096 | $2.7B | VOO, AAPL, NVDA, COST, MSFT |
| Q2 2024 | 1,193 | $2.8B | VOO, AAPL, NVDA, MSFT, COST |
| Q1 2024 | 1,228 | $2.7B | VOO, AAPL, NVDA, MSFT, COST |