WestEnd Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), WestEnd Advisors, LLC reported 389 stock positions worth $4.3 billion. Its top holding was SS Technology Select Sector (XLK) at 10.6% of the portfolio, followed by SS Financial Select Sector (XLF, 10.2%) and SS Comm Select Sector SPDR (XLC, 7.6%). Compared with Q3 2025, it opened 11 new positions, sold out of 12, added to 123 and reduced 168. The biggest buy was a new position in iShares Core S&P Small-Cap E (IJR) and the biggest sale iShares Expanded Tech Sector (IGM, shares −54%).

Most Recent 13F
Q2 2026
Location
CHARLOTTE, NC
CIK
0001351731
Portfolio Value
$4.3B (Q4 2025)
SEC Filing
0001398344-26-001290 ↗ filed Jan 27, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $3.9B Q1 2024 Q2 2024: $3.9B Q2 2024 Q3 2024: $4.1B Q3 2024 Q4 2024: $3.9B Q4 2024 Q1 2025: $3.8B Q1 2025 Q2 2025: $4.0B Q2 2025 Q3 2025: $4.3B Q3 2025 Q4 2025: $4.3B $4.3B Q4 2025 Q1 2026: $4.1B Q1 2026 Q2 2026: $4.5B Q2 2026

Holdings 389 stocks · $4.3B

XLK SS Technology Select Sector 10.65% 3,174,950 $457.1M Reduce -12.3%
XLF SS Financial Select Sector 10.15% 7,959,457 $435.9M Add +29.6%
XLC SS Comm Select Sector SPDR 7.64% 2,785,737 $327.9M Reduce -4.6%
XLV SS Health Care Select Sector 6.66% 1,846,668 $285.9M Reduce -9.5%
VEU Vanguard Ftse All-World Ex-U 6.41% 3,741,888 $275.3M Reduce -1.8%
XLP SS Consumer Staples Sel Sect 4.99% 2,759,592 $214.4M Add +6.3%
VPL Vanguard Ftse Pacific ETF 3.75% 1,783,116 $161.2M Reduce -2.9%
EEMA iShares MSCI Emerg MRKT Asia 3.71% 1,692,428 $159.1M Reduce -7.8%
IEI iShares 3-7 Year Treasury Bo 3.26% 1,173,042 $140.0M Add +1.5%
VCSH Vanguard S/T Corp. Bond ETF 2.63% 1,416,513 $112.9M Add +1.9%
XLY SS Consumer Disc Select Sect 2.58% 927,927 $110.8M Reduce -51.0%
IJR iShares Core S&P Small-Cap E 2.56% 915,298 $110.0M New
IGM iShares Expanded Tech Sector 2.48% 823,694 $106.4M Reduce -53.8%
IBB iShares Biotechnology ETF 2.48% 629,667 $106.3M New
XLU St Sr Utl SL SE SPDR ETF-Usd 2.35% 2,358,990 $100.7M Reduce -4.9%
TLT iShares 20+ Year Treasury BD 1.81% 890,967 $77.7M Reduce -3.5%
IEF iShares 7-10 Year Treasury B 1.70% 757,078 $72.8M Add +0.8%
NVDA Nvidia Corp. 1.49% 342,999 $64.0M Reduce -3.6%
VCIT Vanguard Int-Term Corporate 1.36% 695,121 $58.2M Add +1.1%
GOOGL Alphabet Inc. Class A 1.34% 183,247 $57.4M Reduce -17.3%
IEUR iShares Core MSCI Europe ETF 1.32% 796,819 $56.6M Add +0.4%
AAPL Apple Inc. 1.24% 195,950 $53.3M Reduce -3.0%
JPM JPMorgan Chase & Co. 1.21% 161,557 $52.1M Reduce -3.5%
TMO Thermo Fisher Scientific Inc. 1.18% 87,646 $50.8M Reduce -0.6%
AMZN Amazon.com Inc. 1.10% 204,420 $47.2M Reduce -3.6%
MSFT Microsoft Corp. 1.10% 97,520 $47.2M Reduce -3.8%
WMT Walmart Inc. 1.06% 408,759 $45.5M Reduce -3.4%
MDT Medtronic PLC 1.04% 466,375 $44.8M Add +0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.04% 290,769 $44.7M Reduce -3.8%
MA Mastercard Inc. Class A 1.03% 77,266 $44.1M Add +0.4%
CB Chubb Ltd. 0.95% 130,888 $40.9M Reduce -3.6%
TXN Texas Instruments Inc. 0.91% 226,295 $39.3M Add +8.4%
SPGI S&P Global Inc. 0.90% 74,244 $38.8M Reduce -7.0%
INTU Intuit Inc. 0.90% 58,487 $38.7M Add +974683.3%
CRM Salesforce Inc. 0.89% 144,820 $38.4M Reduce -3.8%
META Meta Platforms Inc. Class A 0.88% 57,371 $37.9M Reduce -3.5%
PEP Pepsico Inc. 0.77% 231,450 $33.2M Reduce -8.4%
TMUS T-Mobile US Inc. 0.68% 144,310 $29.3M Reduce -3.4%
WELL Welltower Inc. 0.56% 130,631 $24.2M Reduce -3.7%
QCOM Qualcomm Inc. 0.55% 138,357 $23.7M Reduce -3.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.47% 29,831 $20.3M Add +145.9%
AOR iShares Core 60/40 Balanced 0.08% 49,946 $3.2M Add +184.4%
ACWI iShares MSCI Acwi ETF 0.04% 11,076 $1.6M Add +2.9%
IGV iShares Expanded Tech-Softwa 0.02% 6,649 $703K Reduce -50.9%
IWB iShares Russell 1000 ETF 0.01% 1,168 $436K Add +30.2%
ORCL Oracle Corp. 0.01% 1,836 $358K Reduce -99.0%
EWJ iShares MSCI Japan ETF 0.01% 4,069 $329K Add +42.7%
INDA iShares MSCI India ETF 0.01% 4,016 $217K Add +231.1%
UNH Unitedhealth Group Inc. 0.00% 626 $207K Reduce -2.3%
GLDM SPDR Gold Minishares Trust 0.00% 2,263 $193K Reduce -12.3%
EWC iShares MSCI Canada ETF 0.00% 3,551 $192K New
EWT iShares MSCI Taiwan ETF 0.00% 2,150 $137K Add +67.7%
DBB Invesco DB Base Metals Fund 0.00% 5,121 $117K Reduce -4.4%
DBP Invesco DB Precious Metals F 0.00% 1,134 $117K New
EWY iShares MSCI South Korea ETF 0.00% 1,186 $115K Add +91.3%
IVV iShares Core S&P 500 ETF 0.00% 142 $97K Add +47.9%
IAI iShares U.S. Broker-Dealers 0.00% 493 $88K Reduce -2.4%
MLPX Global X MLP & Energy Infras 0.00% 1,356 $82K Add +7.8%
GOOG Alphabet Inc. Class C 0.00% 160 $50K Add +3.9%
XLE SS Energy Select Sector 0.00% 764 $34K Add +297.9%
ABBV Abbvie Inc. 0.00% 138 $32K Add +160.4%
PG The Procter & Gamble Co. 0.00% 216 $31K Add +1.4%
VCLT Vanguard Long-Term Corp. Bond 0.00% 402 $30K Reduce -1.0%
BRK.B Berkshire Hathaway Inc. Class B 0.00% 59 $30K Add +40.5%
VT Vanguard Tot World STK ETF 0.00% 196 $28K Add +161.3%
IGIB iShares 5-10Y Inv Grade Corp. 0.00% 511 $28K Add +1.0%
AVGO Broadcom Inc. 0.00% 78 $27K Reduce -10.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 76 $24K New
GS Goldman Sachs Group Inc. 0.00% 27 $24K Add +12.5%
LLY Eli Lilly & Co. 0.00% 22 $24K Reduce -8.3%
MRK Merck & Co. Inc. 0.00% 206 $22K Reduce -3.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.00% 235 $19K Reduce -1.3%
V Visa Inc. Class A 0.00% 54 $19K Add +38.5%
COST Costco Wholesale Corp. 0.00% 19 $16K No change
MBB iShares MBS ETF 0.00% 164 $16K No change
VTI VG Morningstar TS MKT ETF-US 0.00% 41 $14K Add +2.5%
JNJ Johnson & Johnson 0.00% 65 $13K Reduce -9.7%
AMGN Amgen Inc. 0.00% 41 $13K Add +156.3%
TSLA Tesla Inc. 0.00% 29 $13K Reduce -48.2%
NFLX Netflix Inc. 0.00% 135 $13K Reduce -3.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 222 $12K Add +42.3%
GILD Gilead Sciences Inc. 0.00% 96 $12K Add +159.5%
KO The Coca-Cola Co. 0.00% 164 $11K Add +0.6%
PM Philip Morris International 0.00% 66 $11K Add +1.5%
DUK Duke Energy Corp. 0.00% 89 $10K Reduce -1.1%
WFC Wells Fargo & Co. 0.00% 104 $10K Add +42.5%
VYMI Vanguard Int High DVD YLD Inc. 0.00% 104 $9K No change
VRTX Vertex Pharmaceuticals Inc. 0.00% 19 $9K Add +171.4%
NEE Nextera Energy Inc. 0.00% 89 $7K Reduce -6.3%
C Citigroup Inc. 0.00% 60 $7K Add +39.5%
MS Morgan Stanley 0.00% 39 $7K Add +39.3%
TFLO iShares Treasury Floating Ra 0.00% 135 $7K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 59 $7K No change
AXP American Express Co. 0.00% 18 $7K Add +38.5%
PLTR Palantir Technologies Inc. Class A 0.00% 37 $7K Reduce -9.8%
DHR Danaher Corp. 0.00% 28 $6K Add +47.4%
ABT Abbott Laboratories 0.00% 47 $6K Reduce -11.3%
T AT&T Inc. 0.00% 229 $6K Reduce -3.0%
ISRG Intuitive Surgical Inc. 0.00% 10 $6K No change
AMD Advanced Micro Devices 0.00% 26 $6K Reduce -16.1%
GOVT iShares US Treasury Bond ETF 0.00% 240 $6K Reduce -0.8%
VZ Verizon Communications Inc. 0.00% 135 $5K Reduce -2.9%
SCHW Schwab (charles) Corp. 0.00% 55 $5K Add +41.0%
REGN Regeneron Pharmaceuticals 0.00% 7 $5K Add +133.3%
CEG Constellation Energy 0.00% 15 $5K No change
MU Micron Technology Inc. 0.00% 18 $5K Reduce -18.2%
COF Capital One Financial Corp. 0.00% 21 $5K Add +40.0%
CSCO Cisco Systems Inc. 0.00% 63 $5K Reduce -13.7%
DVYE iShares Emerging Markets Div 0.00% 147 $5K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.00% 15 $4K Reduce -16.7%
PGR Progressive Corp. 0.00% 19 $4K Add +46.1%
BLK BlackRock Inc. 0.00% 4 $4K Add +33.3%
MO Altria Group Inc. 0.00% 72 $4K Add +4.3%
SO The Southern Co. 0.00% 47 $4K Reduce -6.0%
PFE Pfizer Inc. 0.00% 151 $4K Reduce -12.2%
BX Blackstone Inc. 0.00% 24 $4K Add +50.0%
BSX Boston Scientific Corp. 0.00% 38 $4K Reduce -13.6%
LRCX Lam Research Corp. 0.00% 21 $4K Reduce -12.5%
CMCSA Comcast Corp. Class A 0.00% 118 $4K Reduce -3.3%
HD Home Depot Inc. 0.00% 10 $3K Reduce -47.4%
AMAT Applied Materials Inc. 0.00% 13 $3K Reduce -18.8%
CME Cme Group Inc. 0.00% 12 $3K Add +33.3%
USIG iShares Broad Usd Investment 0.00% 62 $3K Reduce -1.6%
SYK Stryker Corp. 0.00% 9 $3K Reduce -10.0%
MRSH Marsh & McLennan Cos 0.00% 16 $3K Add +33.3%
ICE Intercontinental Exchange Inc. 0.00% 18 $3K Add +38.5%
MDLZ Mondelez International Inc. Class A 0.00% 54 $3K No change
BMY Bristol-Myers Squibb Co. 0.00% 53 $3K Reduce -13.1%
HOOD Robinhood Markets Inc. Class A 0.00% 25 $3K Add +38.9%
KKR KKR & Co. Inc. 0.00% 22 $3K Add +37.5%
EWJV iShares MSCI Japan Value ETF 0.00% 69 $3K No change
PNC PNC Financial Services Group 0.00% 13 $3K Add +44.4%
APH Amphenol Corp. Class A 0.00% 20 $3K Reduce -9.1%
CVS CVS Health Corp. 0.00% 34 $3K Reduce -10.5%
APP AppLovin Corp. Class A 0.00% 4 $3K Reduce -20.0%
CL Colgate-Palmolive Co. 0.00% 34 $3K No change
ACN Accenture PLC Class A 0.00% 10 $3K Reduce -16.7%
USB US Bancorp 0.00% 50 $3K Add +42.9%
INTC Intel Corp. 0.00% 72 $3K Reduce -11.1%
AEP American Electric Power 0.00% 23 $3K Reduce -8.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.00% 22 $3K Add +37.5%
MCO Moody's Corp. 0.00% 5 $3K Add +66.7%
SRE Sempra 0.00% 28 $2K Reduce -3.5%
AON Aon PLC Class A 0.00% 7 $2K Add +40.0%
MCK McKesson Corp. 0.00% 3 $2K No change
ADBE Adobe Inc. 0.00% 7 $2K Reduce -12.5%
KLAC KLA Corp. 0.00% 2 $2K Reduce -33.3%
VST Vistra Corp. 0.00% 15 $2K No change
MNST Monster Beverage Corp. 0.00% 31 $2K Add +3.3%
WBD Warner Bros Discovery Inc. 0.00% 81 $2K No change
NOW ServiceNow Inc. 0.00% 15 $2K Reduce -25.0%
APO Apollo Global Management Inc. 0.00% 15 $2K Add +50.0%
ADI Analog Devices Inc. 0.00% 8 $2K Reduce -11.1%
D Dominion Energy Inc. 0.00% 37 $2K Reduce -5.1%
MCD McDonald's Corp. 0.00% 7 $2K Reduce -46.1%
BIIB Biogen Inc. 0.00% 12 $2K Add +200.0%
ELV Elevance Health Inc. 0.00% 6 $2K Reduce -14.3%
ANET Arista Networks Inc. 0.00% 16 $2K Reduce -15.8%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.00% 8 $2K Add +33.3%
TRV The Travelers Cos Inc. 0.00% 7 $2K Add +40.0%
TFC Truist Financial Corp. 0.00% 41 $2K Add +41.4%
CI The Cigna Group 0.00% 7 $2K Reduce -12.5%
EXC Exelon Corp. 0.00% 44 $2K Reduce -4.3%
CRWD CrowdStrike Holdings Inc. Class A 0.00% 4 $2K No change
ALL Allstate Corp. 0.00% 9 $2K Add +50.0%
HCA HCA Healthcare Inc. 0.00% 4 $2K Reduce -20.0%
DVYA iShares Asia/Pacific Dividen 0.00% 42 $2K No change
TGT Target Corp. 0.00% 19 $2K No change
XEL Xcel Energy Inc. 0.00% 25 $2K Reduce -7.4%
PANW Palo Alto Networks Inc. 0.00% 10 $2K Reduce -16.7%
PYPL PayPal Holdings Inc. 0.00% 31 $2K Add +40.9%
XLRE SS Real Estate Select Sector 0.00% 44 $2K No change
PEG Public Service Enterprise GP 0.00% 22 $2K Reduce -4.3%
ETR Entergy Corp. 0.00% 19 $2K Reduce -9.5%
MSCI MSCI Inc. 0.00% 3 $2K Add +50.0%
COR Cencora Inc. 0.00% 5 $2K Reduce -16.7%
AFL Aflac Inc. 0.00% 15 $2K Add +36.4%
A Agilent Technologies Inc. 0.00% 12 $2K Add +33.3%
KR Kroger Co. 0.00% 26 $2K Add +4.0%
UNP Union Pacific Corp. 0.00% 7 $2K Reduce -72.0%
KDP Keurig Dr Pepper Inc. 0.00% 57 $2K Add +1.8%
COIN Coinbase Global Inc. Class A 0.00% 7 $2K Add +40.0%
IQV Iqvia Holdings Inc. 0.00% 7 $2K Add +40.0%
AIG American International Group 0.00% 18 $2K Add +38.5%
TTWO Take-Two Interactive Softwre 0.00% 6 $2K No change
PCG P G & E Corp. 0.00% 95 $2K Reduce -3.1%
ZTS Zoetis Inc. 0.00% 12 $2K Reduce -7.7%
ED Consolidated Edison Inc. 0.00% 15 $1K Reduce -6.3%
SYY Sysco Corp. 0.00% 20 $1K No change
AMP Ameriprise Financial Inc. 0.00% 3 $1K Add +50.0%
NDAQ Nasdaq Inc. 0.00% 15 $1K Add +50.0%
LOW Lowe's Cos Inc. 0.00% 6 $1K Reduce -40.0%
NRG NRG Energy Inc. 0.00% 9 $1K No change
EA Electronic Arts Inc. 0.00% 7 $1K No change
MET Metlife Inc. 0.00% 18 $1K Add +38.5%
KVUE Kenvue Inc. 0.00% 82 $1K Add +7.9%
KMB Kimberly-Clark Corp. 0.00% 14 $1K Add +7.7%
SNPS Synopsys Inc. 0.00% 3 $1K No change
MTD Mettler-Toledo International 0.00% 1 $1K New
WEC WEC Energy Group Inc. 0.00% 13 $1K Reduce -13.3%
EW Edwards Lifesciences Corp. 0.00% 16 $1K Reduce -11.1%
BDX Becton Dickinson and Co. 0.00% 7 $1K Reduce -22.2%
PRU Prudential Financial Inc. 0.00% 12 $1K Add +50.0%
IDXX Idexx Laboratories Inc. 0.00% 2 $1K Reduce -33.3%
INCY Incyte Corp. 0.00% 13 $1K Add +160.0%
CDNS Cadence Design SYS Inc. 0.00% 4 $1K Reduce -20.0%
HIG Hartford Insurance Group Inc. 0.00% 9 $1K Add +50.0%
CAH Cardinal Health Inc. 0.00% 6 $1K Reduce -14.3%
AEE Ameren Corporation 0.00% 12 $1K No change
DG Dollar General Corp. 0.00% 9 $1K No change
AWK American Water Works Co. Inc. 0.00% 9 $1K No change
ATO Atmos Energy Corp. 0.00% 7 $1K No change
XYZ Block Inc. 0.00% 18 $1K Add +50.0%
DTE DTE Energy Company 0.00% 9 $1K No change
STT State Street Corp. 0.00% 9 $1K Add +50.0%
ACGL Arch Capital Group Ltd. 0.00% 12 $1K Add +33.3%
ADM Archer-Daniels-Midland Co. 0.00% 20 $1K Add +5.3%
MSI Motorola Solutions Inc. 0.00% 3 $1K No change
FISV Fiserv Inc. 0.00% 17 $1K Add +41.7%
WAT Waters Corp. 0.00% 3 $1K Add +50.0%
GLW Corning Inc. 0.00% 13 $1K Reduce -13.3%
TEL Te Connectivity PLC 0.00% 5 $1K Reduce -16.7%
ARES Ares Management Corp. Class A 0.00% 7 $1K New
PPL PPL Corp. 0.00% 32 $1K Reduce -5.9%
DLTR Dollar Tree Inc. 0.00% 9 $1K No change
HSY The Hershey Co. 0.00% 6 $1K No change
CNP Centerpoint Energy Inc. 0.00% 28 $1K Reduce -6.7%
GIS General Mills Inc. 0.00% 23 $1K Add +4.5%
FIS Fidelity National Info Serv 0.00% 16 $1K Add +33.3%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.00% 10 $1K No change
WDC Western Digital Corp. 0.00% 6 $1K Reduce -14.3%
SBUX Starbucks Corp. 0.00% 12 $1K Reduce -45.5%
ES Eversource Energy 0.00% 15 $1K Reduce -11.8%
MTB M & T Bank Corp. filed as M & T BK CORP 0.00% 5 $1K Add +66.7%
SYF Synchrony Financial 0.00% 12 $1K Add +33.3%
WTW Willis Towers Watson PLC 0.00% 3 $986 No change
FE Firstenergy Corp. 0.00% 22 $985 Reduce -8.3%
GEHC GE Healthcare Technology 0.00% 12 $984 Reduce -7.7%
FITB Fifth Third Bancorp 0.00% 21 $983 Add +40.0%
IBKR Interactive Brokers Gro Class A 0.00% 15 $965 Add +50.0%
RJF Raymond James Financial Inc. 0.00% 6 $964 Add +50.0%
RMD Resmed Inc. 0.00% 4 $963 No change
EIX Edison International 0.00% 16 $960 Reduce -5.9%
MAR Marriott International Class A 0.00% 3 $931 Reduce -25.0%
CMS CMS Energy Corp. 0.00% 13 $909 No change
DASH DoorDash Inc. Class A 0.00% 4 $906 Reduce -42.9%
MPWR Monolithic Power Systems Inc. 0.00% 1 $906 No change
CPAY Corpay Inc. 0.00% 3 $903 Add +50.0%
KHC The Kraft Heinz Co. 0.00% 37 $897 Add +5.7%
ROP Roper Technologies Inc. 0.00% 2 $890 No change
ADSK Autodesk Inc. 0.00% 3 $888 Reduce -25.0%
HBAN Huntington Bancshares Inc. 0.00% 50 $868 Add +47.1%
NXPI NXP Semiconductors NV 0.00% 4 $868 Reduce -20.0%
HLT Hilton Worldwide Holdings Inc. 0.00% 3 $862 Reduce -25.0%
CHD Church & Dwight Co. Inc. 0.00% 10 $839 No change
RCL Royal Caribbean Cruises Ltd. 0.00% 3 $837 Reduce -40.0%
NI Nisource Inc. 0.00% 20 $835 Reduce -9.1%
STZ Constellation Brands Inc. Class A 0.00% 6 $828 No change
STX Seagate Technology Holdings 0.00% 3 $826 Reduce -25.0%
WST West Pharmaceutical Services 0.00% 3 $825 Add +50.0%
ORLY O'reilly Automotive Inc. 0.00% 9 $821 Reduce -43.8%
NTRS Northern Trust Corp. 0.00% 6 $820 Add +50.0%
CINF Cincinnati Financial Corp. 0.00% 5 $817 Add +66.7%
DDOG Datadog Inc. Class A 0.00% 6 $816 No change
GM General Motors Co. 0.00% 10 $813 Reduce -47.4%
MRNA Moderna Inc. 0.00% 27 $796 Add +125.0%
FTNT Fortinet Inc. 0.00% 10 $794 Reduce -16.7%
RF Regions Financial Corp. 0.00% 29 $786 Add +45.0%
LNT Alliant Energy Corp. 0.00% 12 $780 No change
HUM Humana Inc. 0.00% 3 $768 No change
NKE Nike Inc. Class B 0.00% 12 $765 Reduce -50.0%
STE Steris PLC 0.00% 3 $761 No change
CFG Citizens Financial Group 0.00% 13 $759 Add +30.0%
CBOE Cboe Global Markets Inc. 0.00% 3 $753 No change
LH Labcorp Holdings Inc. 0.00% 3 $753 No change
OMC Omnicom Group 0.00% 9 $727 Add +50.0%
EVRG Evergy Inc. 0.00% 10 $725 No change
BRO Brown & Brown Inc. 0.00% 9 $717 Add +28.6%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.00% 7 $717 Add +40.0%
LYV Live Nation Entertainment Inc. 0.00% 5 $713 Reduce -16.7%
SNDK Sandisk Corp. 0.00% 3 $712 New
TSN Tyson Foods Inc. Class A 0.00% 12 $703 No change
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.00% 10 $701 Add +42.9%
MKC McCormick & Co.-Non VTG SHRS 0.00% 10 $681 No change
DXCM Dexcom Inc. 0.00% 10 $664 Reduce -16.7%
WDAY Workday Inc. Class A 0.00% 3 $644 Reduce -25.0%
L Loews Corp. 0.00% 6 $632 Add +50.0%
DELL Dell Technologies -C 0.00% 5 $629 Reduce -16.7%
TKO Tko Group Holdings Inc. 0.00% 3 $627 No change
CHTR Charter Communications Inc. Class A 0.00% 3 $626 No change
KEY Keycorp 0.00% 30 $619 Add +42.9%
KEYS Keysight Technologies Inc. 0.00% 3 $610 No change
CLX Clorox Company 0.00% 6 $605 Add +20.0%
CTSH Cognizant Tech Solutions-A 0.00% 7 $581 Reduce -22.2%
TER Teradyne Inc. 0.00% 3 $581 No change
MCHP Microchip Technology Inc. 0.00% 9 $573 Reduce -10.0%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 15 $569 No change
PODD Insulet Corp. 0.00% 2 $568 No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.00% 3 $547 Add +50.0%
ABNB Airbnb Inc. Class A 0.00% 4 $543 Reduce -55.6%
GPN Global Payments Inc. 0.00% 7 $542 Add +16.7%
ROST Ross Stores Inc. 0.00% 3 $540 Reduce -50.0%
ZBH Zimmer Biomet Holdings Inc. 0.00% 6 $540 No change
F Ford Motor Co. filed as FORD MTR CO 0.00% 41 $538 Reduce -46.0%
BG Bunge Global SA 0.00% 6 $534 No change
PNW Pinnacle West Capital 0.00% 6 $532 No change
PFG Principal Financial Group 0.00% 6 $529 Add +50.0%
FSLR First Solar Inc. 0.00% 2 $522 No change
DGX Quest Diagnostics Inc. 0.00% 3 $521 No change
FOXA Fox Corp. Class A 0.00% 7 $511 No change
TDY Teledyne Technologies Inc. 0.00% 1 $511 No change
HPE Hewlett Packard Enterprise 0.00% 21 $504 Reduce -16.0%
CNC Centene Corp. 0.00% 12 $494 Reduce -14.3%
COO The Cooper Cos Inc. 0.00% 6 $492 No change
RVTY Revvity Inc. 0.00% 5 $484 Add +66.7%
AIZ Assurant Inc. 0.00% 2 $482 Add +100.0%
CMG Chipotle Mexican Grill Inc. 0.00% 13 $481 Reduce -50.0%
JBL Jabil Inc. 0.00% 2 $456 No change
YUM Yum! Brands Inc. 0.00% 3 $454 Reduce -50.0%
HOLX Hologic Inc. 0.00% 6 $447 Reduce -14.3%
AES AES Corp. 0.00% 31 $445 Reduce -3.1%
DHI D.R. Horton Inc. 0.00% 3 $432 Reduce -50.0%
CVNA Carvana Co. 0.00% 1 $422 New
GL Globe Life Inc. 0.00% 3 $420 Add +50.0%
TECH Bio-Techne Corp. 0.00% 7 $412 Add +75.0%
GRMN Garmin Ltd. 0.00% 2 $406 Reduce -33.3%
CRL Charles River Laboratories 0.00% 2 $399 Add +100.0%
IVZ Invesco Ltd. 0.00% 15 $394 Add +50.0%
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.00% 4 $391 No change
VTRS Viatris Inc. 0.00% 31 $386 Reduce -8.8%
ON On Semiconductor 0.00% 7 $379 No change
CCL Carnival Corp. 0.00% 12 $366 Reduce -45.5%
EBAY eBay Inc. 0.00% 4 $348 Reduce -55.6%
PTC PTC Inc. 0.00% 2 $348 Reduce -33.3%
CAG Conagra Brands Inc. 0.00% 20 $346 No change
EG Everest Group Ltd. 0.00% 1 $339 No change
HPQ HP Inc. 0.00% 15 $334 Reduce -16.7%
TAP Molson Coors Beverage Co. Class B 0.00% 7 $327 No change
FOX Fox Corp. Class B 0.00% 5 $325 Add +25.0%
NTAP Netapp Inc. 0.00% 3 $321 Reduce -25.0%
SOLV Solventum Corp. 0.00% 4 $317 No change
NWSA News Corp. Class A 0.00% 12 $313 Reduce -7.7%
TRMB Trimble Inc. 0.00% 4 $313 No change
ALGN Align Technology Inc. 0.00% 2 $312 No change
LEN Lennar Corp. Class A 0.00% 3 $308 Reduce -25.0%
TSCO Tractor Supply Company 0.00% 6 $300 Reduce -40.0%
FDS Factset Research Systems Inc. 0.00% 1 $290 No change
ERIE Erie Indemnity Company Class A 0.00% 1 $287 New
HRL Hormel Foods Corp. 0.00% 12 $284 No change
EXPE Expedia Group Inc. 0.00% 1 $283 Reduce -66.7%
CDW CDW Corp. 0.00% 2 $272 Reduce -33.3%
AKAM Akamai Technologies Inc. 0.00% 3 $262 No change
TPR Tapestry Inc. 0.00% 2 $256 Reduce -50.0%
FFIV F5 Inc. 0.00% 1 $255 No change
IT Gartner Inc. 0.00% 1 $252 No change
CPB The Campbell's Company 0.00% 9 $251 No change
LW Lamb Weston Holdings Inc. 0.00% 6 $251 No change
BAX Baxter International Inc. 0.00% 13 $248 Reduce -13.3%
GDDY GoDaddy Inc. Class A 0.00% 2 $248 Reduce -33.3%
GEN Gen Digital Inc. 0.00% 9 $245 Reduce -10.0%
Q Qnity Electronics Inc. 0.00% 3 $245 New
VRSN Verisign Inc. 0.00% 1 $243 Reduce -50.0%
ZBRA Zebra Technologies Corp. Class A 0.00% 1 $243 No change
BEN Franklin Templeton Inc. 0.00% 10 $239 Add +42.9%
PHM Pultegroup Inc. 0.00% 2 $235 Reduce -50.0%
SMCI Super Micro Computer Inc. 0.00% 8 $234 Reduce -20.0%
HSIC Henry Schein Inc. 0.00% 3 $227 No change
MTCH Match Group Inc. 0.00% 7 $226 Reduce -22.2%
UHS Universal Health Services-B 0.00% 1 $218 Reduce -50.0%
LULU Lululemon Athletica Inc. 0.00% 1 $208 Reduce -50.0%
EPAM Epam Systems Inc. 0.00% 1 $205 No change
LVS Las Vegas Sands Corp. 0.00% 3 $195 Reduce -50.0%
SWKS Skyworks Solutions Inc. 0.00% 3 $190 No change
DRI Darden Restaurants Inc. 0.00% 1 $184 Reduce -66.7%
BF.B Brown-Forman Corp. Class B 0.00% 7 $182 No change
WSM Williams-Sonoma Inc. 0.00% 1 $179 Reduce -66.7%
MOH Molina Healthcare Inc. 0.00% 1 $174 Reduce -50.0%
APTV Aptiv PLC 0.00% 2 $152 Reduce -50.0%
BBY Best Buy Co. Inc. 0.00% 2 $134 Reduce -50.0%
PSKY Paramount Skydance Class B 0.00% 10 $134 No change
GPC Genuine Parts Co. 0.00% 1 $123 Reduce -66.7%
WYNN WYNN Resorts Ltd. 0.00% 1 $120 Reduce -50.0%
NWS News Corp. Class B 0.00% 4 $119 No change
DVA Davita Inc. 0.00% 1 $114 No change
DECK Deckers Outdoor Corp. 0.00% 1 $104 Reduce -66.7%
NCLH Norwegian Cruise Line Holdin 0.00% 4 $89 Reduce -55.6%
HAS Hasbro Inc. 0.00% 1 $82 Reduce -66.7%
MGM MGM Resorts International 0.00% 2 $73 Reduce -50.0%
GCI LIBERTY INC XXX SUBMITTED FOR ESCROW CL A filed as ESC GCI LIBERTY INC SHS 0.00% 18 $0 No change

Portfolio Sells Q3 2025 → Q4 2025

IGM iShares Expanded Tech Sector Reduce -53.8% 2.48% −2.78
XLY SS Consumer Disc Select Sect Reduce -51.0% 2.58% −2.73
XLK SS Technology Select Sector Reduce -12.3% 10.65% −1.29
ORCL Oracle Corp. Reduce -99.0% 0.01% −1.26
XLC SS Comm Select Sector SPDR Reduce -4.6% 7.64% −0.44
EEMA iShares MSCI Emerg MRKT Asia Reduce -7.8% 3.71% −0.23
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -4.9% 2.35% −0.18
TMUS T-Mobile US Inc. Reduce -3.4% 0.68% −0.15
META Meta Platforms Inc. Class A Reduce -3.5% 0.88% −0.14
MSFT Microsoft Corp. Reduce -3.8% 1.10% −0.13
TLT iShares 20+ Year Treasury BD Reduce -3.5% 1.81% −0.12
NVDA Nvidia Corp. Reduce -3.6% 1.49% −0.06
PEP Pepsico Inc. Reduce -8.4% 0.77% −0.06
JPM JPMorgan Chase & Co. Reduce -3.5% 1.21% −0.02
IGV iShares Expanded Tech-Softwa Reduce -50.9% 0.02% −0.02
VPL Vanguard Ftse Pacific ETF Reduce -2.9% 3.75% −0.02
QCOM Qualcomm Inc. Reduce -3.3% 0.55% −0.01
SPGI S&P Global Inc. Reduce -7.0% 0.90% −0.00
DBA Invesco DB Agriculture Fund Sold out 0.00% −0.00
XLI SS Industrial Select Sector Sold out 0.00% −0.00
UNH Unitedhealth Group Inc. Reduce -2.3% 0.00% −0.00
EWW iShares MSCI Mexico ETF Sold out 0.00% −0.00
TSLA Tesla Inc. Reduce -48.2% 0.00% −0.00
WELL Welltower Inc. Reduce -3.7% 0.56% −0.00
HD Home Depot Inc. Reduce -47.4% 0.00% −0.00
NFLX Netflix Inc. Reduce -3.6% 0.00% −0.00
UNP Union Pacific Corp. Reduce -72.0% 0.00% −0.00
GLDM SPDR Gold Minishares Trust Reduce -12.3% 0.00% −0.00
AES AES Corp. Reduce -3.1% 0.00% 0.00
T AT&T Inc. Reduce -3.0% 0.00% 0.00
ABT Abbott Laboratories Reduce -11.3% 0.00% 0.00
ADBE Adobe Inc. Reduce -12.5% 0.00% 0.00
AMD Advanced Micro Devices Reduce -16.1% 0.00% 0.00
ABNB Airbnb Inc. Class A Reduce -55.6% 0.00% 0.00
AEP American Electric Power Reduce -8.0% 0.00% 0.00
COR Cencora Inc. Reduce -16.7% 0.00% 0.00
APH Amphenol Corp. Class A Reduce -9.1% 0.00% 0.00
ADI Analog Devices Inc. Reduce -11.1% 0.00% 0.00
ELV Elevance Health Inc. Reduce -14.3% 0.00% 0.00
AMAT Applied Materials Inc. Reduce -18.8% 0.00% 0.00
APP AppLovin Corp. Class A Reduce -20.0% 0.00% 0.00
ANET Arista Networks Inc. Reduce -15.8% 0.00% 0.00
ADSK Autodesk Inc. Reduce -25.0% 0.00% 0.00
BAX Baxter International Inc. Reduce -13.3% 0.00% 0.00
BDX Becton Dickinson and Co. Reduce -22.2% 0.00% 0.00
BBY Best Buy Co. Inc. Reduce -50.0% 0.00% 0.00
BSX Boston Scientific Corp. Reduce -13.6% 0.00% 0.00
BMY Bristol-Myers Squibb Co. Reduce -13.1% 0.00% 0.00
AVGO Broadcom Inc. Reduce -10.3% 0.00% 0.00
CDW CDW Corp. Reduce -33.3% 0.00% 0.00

Portfolio Buys Q3 2025 → Q4 2025

IJR iShares Core S&P Small-Cap E New 2.56% +2.56
IBB iShares Biotechnology ETF New 2.48% +2.48
XLF SS Financial Select Sector Add +29.6% 10.15% +2.42
INTU Intuit Inc. Add +974683.3% 0.90% +0.90
SPY SS SPDR S&P 500 ETF Trust-US Add +145.9% 0.47% +0.28
XLP SS Consumer Staples Sel Sect Add +6.3% 4.99% +0.23
IEUR iShares Core MSCI Europe ETF Add +0.4% 1.32% +0.05
AOR iShares Core 60/40 Balanced Add +184.4% 0.08% +0.05
VCSH Vanguard S/T Corp. Bond ETF Add +1.9% 2.63% +0.03
IEI iShares 3-7 Year Treasury Bo Add +1.5% 3.26% +0.03
TXN Texas Instruments Inc. Add +8.4% 0.91% +0.02
MDT Medtronic PLC Add +0.3% 1.04% +0.01
EWC iShares MSCI Canada ETF New 0.00% +0.00
INDA iShares MSCI India ETF Add +231.1% 0.01% +0.00
MA Mastercard Inc. Class A Add +0.4% 1.03% +0.00
VCIT Vanguard Int-Term Corporate Add +1.1% 1.36% +0.00
DBP Invesco DB Precious Metals F New 0.00% +0.00
IWB iShares Russell 1000 ETF Add +30.2% 0.01% +0.00
EWJ iShares MSCI Japan ETF Add +42.7% 0.01% +0.00
ACWI iShares MSCI Acwi ETF Add +2.9% 0.04% +0.00
EWY iShares MSCI South Korea ETF Add +91.3% 0.00% +0.00
EWT iShares MSCI Taiwan ETF Add +67.7% 0.00% +0.00
IEF iShares 7-10 Year Treasury B Add +0.8% 1.70% +0.00
IVV iShares Core S&P 500 ETF Add +47.9% 0.00% +0.00
XLE SS Energy Select Sector Add +297.9% 0.00% +0.00
VV Vngrd Mrgstr LRG-Cap ETF-Usd New 0.00% +0.00
ABBV Abbvie Inc. Add +160.4% 0.00% +0.00
VT Vanguard Tot World STK ETF Add +161.3% 0.00% +0.00
GOOG Alphabet Inc. Class C Add +3.9% 0.00% +0.00
AMGN Amgen Inc. Add +156.3% 0.00% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +40.5% 0.00% +0.00
GILD Gilead Sciences Inc. Add +159.5% 0.00% +0.00
AXP American Express Co. Add +38.5% 0.00% +0.00
BAC Bank of America Corp. Add +42.3% 0.00% +0.00
C Citigroup Inc. Add +39.5% 0.00% +0.00
DHR Danaher Corp. Add +47.4% 0.00% +0.00
MLPX Global X MLP & Energy Infras Add +7.8% 0.00% +0.00
GS Goldman Sachs Group Inc. Add +12.5% 0.00% +0.00
MS Morgan Stanley Add +39.3% 0.00% +0.00
REGN Regeneron Pharmaceuticals Add +133.3% 0.00% +0.00
VRTX Vertex Pharmaceuticals Inc. Add +171.4% 0.00% +0.00
V Visa Inc. Class A Add +38.5% 0.00% +0.00
WFC Wells Fargo & Co. Add +42.5% 0.00% +0.00
AFL Aflac Inc. Add +36.4% 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 +4.3% 0.00% 0.00
AIG American International Group Add +38.5% 0.00% 0.00
AMP Ameriprise Financial Inc. Add +50.0% 0.00% 0.00
APO Apollo Global Management Inc. Add +50.0% 0.00% 0.00

Notes & Other Activity Q3 2025 → Q4 2025

GE General Electric COM NEW New 0 $0

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 408$4.5BXLK, XLF, IEUR, XLV, VEU
Q1 2026 391$4.1BXLK, XLF, XLC, VEU, XLV
Q4 2025 389$4.3BXLK, XLF, XLC, XLV, VEU
Q3 2025 390$4.3BXLK, XLC, XLF, XLV, VEU
Q2 2025 367$4.0BXLK, XLV, XLC, XLF, VEU
Q1 2025 361$3.8BXLK, XLV, XLF, VPL, VEU
Q4 2024 341$3.9BXLK, XLF, XLV, VPL, VEU
Q3 2024 398$4.1BXLK, XLV, VEU, VPL, XLF
Q2 2024 365$3.9BXLK, XLV, VEU, VPL, XLC
Q1 2024 354$3.9BXLV, XLK, VEU, VPL, XLC