WestEnd Advisors, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), WestEnd Advisors, LLC reported 341 stock positions worth $3.9 billion. Its top holding was SS Technology Select Sector (XLK) at 11.6% of the portfolio, followed by SS Financial Select Sector (XLF, 10.2%) and SS Health Care Select Sector (XLV, 9.4%). Compared with Q3 2024, it opened 12 new positions, sold out of 69, added to 117 and reduced 62. The biggest buy was SS Financial Select Sector (XLF, shares +28%) and the biggest sale Vanguard Ftse All-World Ex-U (VEU, shares −30%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0001351731
- Portfolio Value
- $3.9B (Q4 2024)
- SEC Filing
- 0001398344-25-001236 ↗ filed Jan 28, 2025
Holdings Value
Holdings 341 stocks · $3.9B
| XLK SS Technology Select Sector | 11.65% | 1,967,050 | $457.4M | Reduce -2.5% |
| XLF SS Financial Select Sector | 10.18% | 8,275,056 | $399.9M | Add +27.7% |
| XLV SS Health Care Select Sector | 9.44% | 2,694,137 | $370.6M | Add +10.6% |
| VPL Vanguard Ftse Pacific ETF | 7.18% | 3,971,722 | $282.2M | Reduce -3.5% |
| VEU Vanguard Ftse All-World Ex-U | 6.09% | 4,166,795 | $239.2M | Reduce -29.6% |
| XLY SS Consumer Disc Select Sect | 5.55% | 971,710 | $218.0M | Reduce -6.5% |
| XLC SS Comm Select Sector SPDR | 5.29% | 2,145,303 | $207.7M | Reduce -1.4% |
| XLP SS Consumer Staples Sel Sect | 5.11% | 2,552,967 | $200.7M | Add +11.7% |
| IEI iShares 3-7 Year Treasury Bo | 3.39% | 1,153,475 | $133.3M | Reduce -4.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.76% | 1,390,964 | $108.5M | Add +95.5% |
| IAI iShares U.S. Broker-Dealers | 2.60% | 708,014 | $102.0M | Reduce -7.5% |
| TLT iShares 20+ Year Treasury BD | 1.82% | 820,470 | $71.7M | Reduce -25.0% |
| IEF iShares 7-10 Year Treasury B | 1.78% | 756,395 | $69.9M | Reduce -33.4% |
| VCIT Vanguard Int-Term Corporate | 1.40% | 685,315 | $55.0M | Reduce -4.8% |
| IGV iShares Expanded Tech-Softwa | 1.32% | 517,666 | $51.8M | New |
| AMZN Amazon.com Inc. | 1.31% | 234,069 | $51.4M | Add +9.5% |
| CRM Salesforce Inc. | 1.27% | 149,462 | $50.0M | Add +1.6% |
| GS Goldman Sachs Group Inc. | 1.25% | 85,874 | $49.2M | Reduce -3.8% |
| JPM JPMorgan Chase & Co. | 1.24% | 202,867 | $48.6M | Add +1.0% |
| AAPL Apple Inc. | 1.22% | 191,540 | $48.0M | Add +0.5% |
| WMT Walmart Inc. | 1.22% | 528,185 | $47.7M | Reduce -19.5% |
| IEUR iShares Core MSCI Europe ETF | 1.20% | 870,485 | $47.0M | Add +0.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.17% | 380,940 | $46.0M | Reduce -7.0% |
| MA Mastercard Inc. Class A | 1.16% | 86,693 | $45.7M | Reduce -2.4% |
| TMUS T-Mobile US Inc. | 1.15% | 204,076 | $45.0M | Reduce -17.5% |
| MSFT Microsoft Corp. | 1.12% | 104,187 | $43.9M | Add +5.6% |
| CB Chubb Ltd. | 1.12% | 158,587 | $43.8M | Add +5286133.3% |
| META Meta Platforms Inc. Class A | 1.05% | 70,404 | $41.2M | Add +65.4% |
| MDT Medtronic PLC | 0.96% | 470,795 | $37.6M | Reduce -4.2% |
| MRK Merck & Co. Inc. | 0.94% | 370,089 | $36.8M | Add +19.1% |
| UNH Unitedhealth Group Inc. | 0.93% | 72,247 | $36.5M | Reduce -9.2% |
| TMO Thermo Fisher Scientific Inc. | 0.83% | 62,590 | $32.6M | Reduce -10.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.80% | 53,466 | $31.3M | Add +702.4% |
| TXN Texas Instruments Inc. | 0.77% | 161,576 | $30.3M | Add +4039300.0% |
| PEP Pepsico Inc. | 0.76% | 195,281 | $29.7M | Reduce -13.9% |
| GOOGL Alphabet Inc. Class A | 0.60% | 124,694 | $23.6M | Reduce -47.0% |
| NVDA Nvidia Corp. | 0.57% | 165,264 | $22.2M | Reduce -27.3% |
| WELL Welltower Inc. | 0.55% | 170,686 | $21.5M | Reduce -3.5% |
| QCOM Qualcomm Inc. | 0.49% | 126,481 | $19.4M | Add +12.6% |
| AOR iShares Core 60/40 Balanced | 0.36% | 246,288 | $14.1M | Add +463.8% |
| ACWI iShares MSCI Acwi ETF | 0.26% | 87,706 | $10.3M | Add +1167.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.02% | 12,856 | $973K | Reduce -99.0% |
| IVV iShares Core S&P 500 ETF | 0.02% | 1,570 | $924K | Add +9135.3% |
| DUK Duke Energy Corp. | 0.01% | 4,227 | $455K | Reduce -98.9% |
| V Visa Inc. Class A | 0.01% | 1,283 | $405K | Reduce -7.6% |
| VT Vanguard Tot World STK ETF | 0.01% | 3,132 | $368K | Add +78.4% |
| IWB iShares Russell 1000 ETF | 0.01% | 1,045 | $337K | Add +33.8% |
| GLDM SPDR Gold Minishares Trust | 0.01% | 4,502 | $234K | Reduce -4.6% |
| NKE Nike Inc. Class B | 0.00% | 2,345 | $177K | Reduce -99.4% |
| EWJ iShares MSCI Japan ETF | 0.00% | 2,636 | $177K | Add +8.6% |
| MLPX Global X MLP & Energy Infras | 0.00% | 2,500 | $151K | Reduce -9.8% |
| XLRE SS Real Estate Select Sector | 0.00% | 3,195 | $130K | Reduce -99.7% |
| AOM iShares Core 40/60 Moderate | 0.00% | 2,524 | $110K | New |
| DBA Invesco DB Agriculture Fund | 0.00% | 4,058 | $108K | New |
| DBB Invesco DB Base Metals Fund | 0.00% | 5,326 | $100K | Reduce -1.6% |
| XLE SS Energy Select Sector | 0.00% | 1,090 | $93K | Reduce -2.9% |
| VCLT Vanguard Long-Term Corp. Bond | 0.00% | 1,212 | $91K | Reduce -19.1% |
| INDA iShares MSCI India ETF | 0.00% | 1,471 | $77K | New |
| MU Micron Technology Inc. | 0.00% | 710 | $60K | Reduce -21.7% |
| EWT iShares MSCI Taiwan ETF | 0.00% | 1,140 | $59K | Reduce -0.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.00% | 168 | $45K | New |
| EWN iShares MSCI Netherlands ETF | 0.00% | 800 | $36K | Add +8.0% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.00% | 523 | $27K | Add +12.7% |
| PG The Procter & Gamble Co. | 0.00% | 144 | $24K | Add +1.4% |
| IOO iShares Global 100 ETF | 0.00% | 198 | $20K | New |
| SPSB SS SPDR P St C Corp. ETF | 0.00% | 660 | $20K | Add +11.3% |
| AOK iShares Core 30/70 Conservat | 0.00% | 524 | $20K | New |
| XLI SS Industrial Select Sector | 0.00% | 141 | $19K | Reduce -57.3% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.00% | 233 | $18K | Add +12.0% |
| UNP Union Pacific Corp. | 0.00% | 75 | $17K | No change |
| EWS iShares MSCI Singapore ETF | 0.00% | 673 | $15K | New |
| MBB iShares MBS ETF | 0.00% | 150 | $14K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.00% | 39 | $11K | No change |
| ABBV Abbvie Inc. | 0.00% | 50 | $9K | Reduce -3.9% |
| LLY Eli Lilly & Co. | 0.00% | 10 | $8K | Add +11.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.00% | 17 | $8K | Add +21.4% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.00% | 103 | $7K | No change |
| TSLA Tesla Inc. | 0.00% | 17 | $7K | Reduce -5.6% |
| GOOG Alphabet Inc. Class C | 0.00% | 34 | $6K | Reduce -8.1% |
| TFLO iShares Treasury Floating Ra | 0.00% | 123 | $6K | Reduce -90.9% |
| JNJ Johnson & Johnson | 0.00% | 40 | $6K | Add +17.6% |
| DVYA iShares Asia/Pacific Dividen | 0.00% | 160 | $6K | No change |
| GOVT iShares US Treasury Bond ETF | 0.00% | 240 | $6K | No change |
| AVGO Broadcom Inc. | 0.00% | 21 | $5K | Reduce -4.5% |
| COST Costco Wholesale Corp. | 0.00% | 5 | $5K | No change |
| CMCSA Comcast Corp. Class A | 0.00% | 97 | $4K | Reduce -2.0% |
| MS Morgan Stanley | 0.00% | 25 | $3K | Add +8.7% |
| SPGI S&P Global Inc. | 0.00% | 6 | $3K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.00% | 67 | $3K | Add +28.9% |
| KO The Coca-Cola Co. | 0.00% | 46 | $3K | Add +7.0% |
| USIG iShares Broad Usd Investment | 0.00% | 56 | $3K | No change |
| EWJV iShares MSCI Japan Value ETF | 0.00% | 90 | $3K | No change |
| NFLX Netflix Inc. | 0.00% | 3 | $3K | No change |
| ISRG Intuitive Surgical Inc. | 0.00% | 5 | $3K | Add +25.0% |
| ABT Abbott Laboratories | 0.00% | 23 | $3K | Add +15.0% |
| BX Blackstone Inc. | 0.00% | 15 | $3K | Add +15.4% |
| HD Home Depot Inc. | 0.00% | 6 | $2K | No change |
| WFC Wells Fargo & Co. | 0.00% | 33 | $2K | Add +26.9% |
| SCHW Schwab (charles) Corp. | 0.00% | 31 | $2K | Add +10.7% |
| PM Philip Morris International | 0.00% | 19 | $2K | Add +11.8% |
Portfolio Sells Q3 2024 → Q4 2024
| VEU Vanguard Ftse All-World Ex-U | Reduce -29.6% | 6.09% | −3.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -99.0% | 0.02% | −2.43 |
| XLRE SS Real Estate Select Sector | Reduce -99.7% | 0.00% | −1.19 |
| DUK Duke Energy Corp. | Reduce -98.9% | 0.01% | −1.10 |
| IEF iShares 7-10 Year Treasury B | Reduce -33.4% | 1.78% | −0.95 |
| NKE Nike Inc. Class B | Reduce -99.4% | 0.00% | −0.88 |
| TLT iShares 20+ Year Treasury BD | Reduce -25.0% | 1.82% | −0.81 |
| VPL Vanguard Ftse Pacific ETF | Reduce -3.5% | 7.18% | −0.73 |
| GOOGL Alphabet Inc. Class A | Reduce -47.0% | 0.60% | −0.36 |
| TMO Thermo Fisher Scientific Inc. | Reduce -10.7% | 0.83% | −0.23 |
| UNH Unitedhealth Group Inc. | Reduce -9.2% | 0.93% | −0.21 |
| PEP Pepsico Inc. | Reduce -13.9% | 0.76% | −0.19 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -4.3% | 3.39% | −0.15 |
| MDT Medtronic PLC | Reduce -4.2% | 0.96% | −0.13 |
| NVDA Nvidia Corp. | Reduce -27.3% | 0.57% | −0.11 |
| TMUS T-Mobile US Inc. | Reduce -17.5% | 1.15% | −0.11 |
| WMT Walmart Inc. | Reduce -19.5% | 1.22% | −0.09 |
| VCIT Vanguard Int-Term Corporate | Reduce -4.8% | 1.40% | −0.08 |
| TJX TJX Companies Inc. | Reduce -7.0% | 1.17% | −0.01 |
| WELL Welltower Inc. | Reduce -3.5% | 0.55% | −0.01 |
| DBE Invesco DB Energy Fund | Sold out | 0.00% | −0.00 |
| EWL iShares MSCI Switzerland ETF | Sold out | 0.00% | −0.00 |
| TFLO iShares Treasury Floating Ra | Reduce -90.9% | 0.00% | −0.00 |
| EWG iShares MSCI Germany ETF | Sold out | 0.00% | −0.00 |
| MU Micron Technology Inc. | Reduce -21.7% | 0.00% | −0.00 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -19.1% | 0.00% | −0.00 |
| XLI SS Industrial Select Sector | Reduce -57.3% | 0.00% | −0.00 |
| DBB Invesco DB Base Metals Fund | Reduce -1.6% | 0.00% | −0.00 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.00 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.00 |
| GLDM SPDR Gold Minishares Trust | Reduce -4.6% | 0.01% | −0.00 |
| AES AES Corp. | Sold out | 0.00% | 0.00 |
| T AT&T Inc. | Reduce -1.9% | 0.00% | 0.00 |
| ABBV Abbvie Inc. | Reduce -3.9% | 0.00% | 0.00 |
| AMD Advanced Micro Devices | Reduce -12.5% | 0.00% | 0.00 |
| ARE Alexandria Real Estate Equit | Sold out | 0.00% | 0.00 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | 0.00 |
| GOOG Alphabet Inc. Class C | Reduce -8.1% | 0.00% | 0.00 |
| AEE Ameren Corporation | Sold out | 0.00% | 0.00 |
| AEP American Electric Power | Sold out | 0.00% | 0.00 |
| AMT American Tower Corp. | Sold out | 0.00% | 0.00 |
| AWK American Water Works Co. Inc. | Sold out | 0.00% | 0.00 |
| ANET Arista Networks Inc. | Sold out | 0.00% | 0.00 |
| ATO Atmos Energy Corp. | Sold out | 0.00% | 0.00 |
| AVB Avalonbay Communities Inc. | Sold out | 0.00% | 0.00 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | 0.00 |
| BWA Borgwarner Inc. | Reduce -50.0% | 0.00% | 0.00 |
| BXP BXP Inc. | Sold out | 0.00% | 0.00 |
| AVGO Broadcom Inc. | Reduce -4.5% | 0.00% | 0.00 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | 0.00 |
Portfolio Buys Q3 2024 → Q4 2024
| XLF SS Financial Select Sector | Add +27.7% | 10.18% | +2.98 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +95.5% | 2.76% | +1.38 |
| IGV iShares Expanded Tech-Softwa | New | 1.32% | +1.32 |
| CB Chubb Ltd. | Add +5286133.3% | 1.12% | +1.12 |
| TXN Texas Instruments Inc. | Add +4039300.0% | 0.77% | +0.77 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +702.4% | 0.80% | +0.70 |
| XLP SS Consumer Staples Sel Sect | Add +11.7% | 5.11% | +0.45 |
| META Meta Platforms Inc. Class A | Add +65.4% | 1.05% | +0.45 |
| AMZN Amazon.com Inc. | Add +9.5% | 1.31% | +0.33 |
| AOR iShares Core 60/40 Balanced | Add +463.8% | 0.36% | +0.30 |
| CRM Salesforce Inc. | Add +1.6% | 1.27% | +0.28 |
| ACWI iShares MSCI Acwi ETF | Add +1167.4% | 0.26% | +0.24 |
| XLV SS Health Care Select Sector | Add +10.6% | 9.44% | +0.23 |
| JPM JPMorgan Chase & Co. | Add +1.0% | 1.24% | +0.20 |
| AAPL Apple Inc. | Add +0.5% | 1.22% | +0.13 |
| MSFT Microsoft Corp. | Add +5.6% | 1.12% | +0.08 |
| MRK Merck & Co. Inc. | Add +19.1% | 0.94% | +0.07 |
| QCOM Qualcomm Inc. | Add +12.6% | 0.49% | +0.03 |
| IVV iShares Core S&P 500 ETF | Add +9135.3% | 0.02% | +0.02 |
| VT Vanguard Tot World STK ETF | Add +78.4% | 0.01% | +0.00 |
| AOM iShares Core 40/60 Moderate | New | 0.00% | +0.00 |
| DBA Invesco DB Agriculture Fund | New | 0.00% | +0.00 |
| IWB iShares Russell 1000 ETF | Add +33.8% | 0.01% | +0.00 |
| INDA iShares MSCI India ETF | New | 0.00% | +0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.00% | +0.00 |
| IOO iShares Global 100 ETF | New | 0.00% | +0.00 |
| AOK iShares Core 30/70 Conservat | New | 0.00% | +0.00 |
| EWS iShares MSCI Singapore ETF | New | 0.00% | +0.00 |
| EWJ iShares MSCI Japan ETF | Add +8.6% | 0.00% | +0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +12.0% | 0.00% | +0.00 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +12.7% | 0.00% | +0.00 |
| SPSB SS SPDR P St C Corp. ETF | Add +11.3% | 0.00% | +0.00 |
| AFL Aflac Inc. | Add +25.0% | 0.00% | 0.00 |
| ABT Abbott Laboratories | Add +15.0% | 0.00% | 0.00 |
| ADBE Adobe Inc. | Add +50.0% | 0.00% | 0.00 |
| A Agilent Technologies Inc. | Add +33.3% | 0.00% | 0.00 |
| ALL Allstate Corp. | Add +50.0% | 0.00% | 0.00 |
| MO Altria Group Inc. | Add +5.3% | 0.00% | 0.00 |
| AXP American Express Co. | Add +50.0% | 0.00% | 0.00 |
| AIG American International Group | Add +20.0% | 0.00% | 0.00 |
| AMGN Amgen Inc. | Add +16.7% | 0.00% | 0.00 |
| ANSS Ansys Inc. | New | 0.00% | 0.00 |
| APO Apollo Global Management Inc. | New | 0.00% | 0.00 |
| ADM Archer-Daniels-Midland Co. | Add +20.0% | 0.00% | 0.00 |
| AIZ Assurant Inc. | New | 0.00% | 0.00 |
| BAC Bank of America Corp. | Add +28.9% | 0.00% | 0.00 |
| BNY Bank of New York Mellon Corp. | Add +7.1% | 0.00% | 0.00 |
| BAX Baxter International Inc. | Add +16.7% | 0.00% | 0.00 |
| BDX Becton Dickinson and Co. | Add +33.3% | 0.00% | 0.00 |
| WRB WR Berkley Corp. | Add +50.0% | 0.00% | 0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | NASDAQ 100 EQ WT | Sold out | 0 | $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 | 408 | $4.5B | XLK, XLF, IEUR, XLV, VEU |
| Q1 2026 | 391 | $4.1B | XLK, XLF, XLC, VEU, XLV |
| Q4 2025 | 389 | $4.3B | XLK, XLF, XLC, XLV, VEU |
| Q3 2025 | 390 | $4.3B | XLK, XLC, XLF, XLV, VEU |
| Q2 2025 | 367 | $4.0B | XLK, XLV, XLC, XLF, VEU |
| Q1 2025 | 361 | $3.8B | XLK, XLV, XLF, VPL, VEU |
| Q4 2024 | 341 | $3.9B | XLK, XLF, XLV, VPL, VEU |
| Q3 2024 | 398 | $4.1B | XLK, XLV, VEU, VPL, XLF |
| Q2 2024 | 365 | $3.9B | XLK, XLV, VEU, VPL, XLC |
| Q1 2024 | 354 | $3.9B | XLV, XLK, VEU, VPL, XLC |