# Allen Investment Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1326234. Source: https://holderbook.com/funds/1326234-allen-investment-management-llc/

- Reported value: $8.4B
- Positions: 227
- Weight of the ten largest: 42.7%
- Filed: 2026-08-05

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $552.1M | 2,316,405 | 6.6% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $457.2M | 1,293,853 | 5.4% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $364.2M | 876,259 | 4.3% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $357.0M | 957,008 | 4.2% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $341.5M | 606,318 | 4.1% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $336.1M | 286,069 | 4.0% | 9 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $315.1M | 3,414,852 | 3.7% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $313.8M | 914,620 | 3.7% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $306.6M | 642,057 | 3.6% | 9 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $257.2M | 1,285,501 | 3.1% | 31 |
| MOODYS CORP | [MCO](https://holderbook.com/stocks/MCO/) | $246.8M | 544,862 | 2.9% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $239.0M | 324,498 | 2.8% | 31 |
| ALPS ETF TR | [AMLP](https://holderbook.com/stocks/AMLP/) | $230.2M | 4,440,395 | 2.7% | 25 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $220.3M | 583,292 | 2.6% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $209.4M | 565,944 | 2.5% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $202.7M | 936,436 | 2.4% | 4 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $195.7M | 531,354 | 2.3% | 28 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $178.3M | 259,574 | 2.1% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $154.1M | 2,900,688 | 1.8% | 18 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $148.0M | 198,237 | 1.8% | 31 |
| APOLLO GLOBAL MGMT INC | [APO](https://holderbook.com/stocks/APO/) | $132.3M | 1,118,010 | 1.6% | 18 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $130.3M | 65,485 | 1.5% | 26 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $122.2M | 1,715,180 | 1.5% | 31 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $119.3M | 1,395,132 | 1.4% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $99.6M | 130,570 | 1.2% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $91.0M | 314,359 | 1.1% | 31 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $80.5M | 328,347 | 1.0% | 26 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $75.7M | 130,282 | 0.9% | 11 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $69.2M | 749,250 | 0.8% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $62.5M | 293,951 | 0.7% | 7 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $59.3M | 519,490 | 0.7% | 30 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $57.8M | 34,063 | 0.7% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $55.0M | 161,489 | 0.7% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $54.5M | 47,219 | 0.6% | 2 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $52.8M | 885,250 | 0.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $51.0M | 155,655 | 0.6% | 31 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $48.6M | 191,020 | 0.6% | 21 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $47.6M | 1,049,444 | 0.6% | 2 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $47.3M | 3,543,361 | 0.6% | 17 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $45.9M | 480,805 | 0.5% | 31 |
| ARES CAPITAL CORP | [ARCC](https://holderbook.com/stocks/ARCC/) | $45.2M | 2,441,585 | 0.5% | 31 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $44.0M | 443,055 | 0.5% | 31 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $42.4M | 268,026 | 0.5% | 5 |
| GOLUB CAP BDC INC | [GBDC](https://holderbook.com/stocks/GBDC/) | $40.9M | 3,174,058 | 0.5% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $40.2M | 92,737 | 0.5% | 1 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $34.1M | 673,531 | 0.4% | 11 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $31.7M | 269,033 | 0.4% | 28 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $30.8M | 129,983 | 0.4% | 14 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $30.2M | 381,615 | 0.4% | 31 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $29.6M | 179,994 | 0.4% | 31 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $29.1M | 71,104 | 0.3% | 18 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $29.0M | 114,149 | 0.3% | 31 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $29.0M | 315,684 | 0.3% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $28.8M | 80,505 | 0.3% | 31 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $28.8M | 183,243 | 0.3% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $27.9M | 55,744 | 0.3% | 31 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $25.4M | 764,433 | 0.3% | 6 |
| CIENA CORP | [CIEN](https://holderbook.com/stocks/CIEN/) | $25.3M | 51,513 | 0.3% | 1 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $24.9M | 301,467 | 0.3% | 12 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $24.5M | 262,219 | 0.3% | 4 |
| SIXTH STREET SPECIALTY LENDI | [TSLX](https://holderbook.com/stocks/TSLX/) | $23.5M | 1,368,939 | 0.3% | 18 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $22.8M | 31,702 | 0.3% | 20 |
| COUPANG INC | [CPNG](https://holderbook.com/stocks/CPNG/) | $21.9M | 1,258,000 | 0.3% | 9 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $21.2M | 24,698 | 0.3% | 1 |
| AURORA INNOVATION INC | [AUR](https://holderbook.com/stocks/AUR/) | $20.8M | 3,045,615 | 0.2% | 12 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $20.2M | 138,439 | 0.2% | 21 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $20.2M | 178,668 | 0.2% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $19.3M | 237,244 | 0.2% | 31 |
| DBX ETF TR | [HDEF](https://holderbook.com/stocks/HDEF/) | $19.2M | 596,285 | 0.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $16.4M | 281,813 | 0.2% | 13 |
| ISHARES TR | [IWV](https://holderbook.com/stocks/IWV/) | $15.1M | 35,363 | 0.2% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $14.9M | 153,824 | 0.2% | 15 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $14.8M | 28,800 | 0.2% | 31 |
| BLACKSTONE SECD LENDING FD | [BXSL](https://holderbook.com/stocks/BXSL/) | $13.7M | 579,652 | 0.2% | 11 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $13.4M | 108,261 | 0.2% | 31 |
| VANGUARD WORLD FD | [VFH](https://holderbook.com/stocks/VFH/) | $12.6M | 95,861 | 0.1% | 18 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $12.2M | 34,523 | 0.1% | 31 |
| WISDOMTREE TR | [DES](https://holderbook.com/stocks/DES/) | $11.9M | 293,475 | 0.1% | 3 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $11.6M | 99,699 | 0.1% | 22 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $11.4M | 72,973 | 0.1% | 23 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $10.3M | 8,613 | 0.1% | 20 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $10.2M | 69,698 | 0.1% | 31 |
| AFFIRM HLDGS INC | [AFRM](https://holderbook.com/stocks/AFRM/) | $9.5M | 116,683 | 0.1% | 19 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $9.4M | 861,454 | 0.1% | 6 |
| SPINNAKER ETF SERIES | [EUAD](https://holderbook.com/stocks/EUAD/) | $9.2M | 219,011 | 0.1% | 2 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $9.1M | 30,007 | 0.1% | 7 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $9.0M | 300,971 | 0.1% | 18 |
| CARGURUS INC | [CARG](https://holderbook.com/stocks/CARG/) | $8.8M | 257,827 | 0.1% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $8.3M | 55,889 | 0.1% | 29 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $7.5M | 61,533 | 0.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $7.5M | 10 | 0.1% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $7.4M | 21,091 | 0.1% | 31 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $7.3M | 30,093 | 0.1% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $6.1M | 22,516 | 0.1% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $5.2M | 23,518 | 0.1% | 31 |
| CANADIAN PACIFIC KANSAS CITY | [CP](https://holderbook.com/stocks/CP/) | $5.1M | 59,348 | 0.1% | 13 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $5.1M | 88,855 | 0.1% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $5.1M | 5,490 | 0.1% | 20 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $5.1M | 70,031 | 0.1% | 11 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $5.1M | 73,856 | 0.1% | 18 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +13.0% | +14.8% | -1.9% | 100% |
| Q1 2026 | -8.8% | -4.6% | -4.2% | 100% |
| Q4 2025 | +0.4% | +2.4% | -2.0% | 100% |
| Q3 2025 | +3.6% | +7.8% | -4.2% | 100% |
| Q2 2025 | +11.1% | +10.5% | +0.7% | 100% |
| Q1 2025 | -3.2% | -4.6% | +1.4% | 100% |
| Q4 2024 | +2.1% | +2.1% | -0.0% | 100% |
| Q3 2024 | +3.0% | +5.4% | -2.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $8.4B | 227 |
| Q1 2026 | $8.1B | 221 |
| Q4 2025 | $9.0B | 220 |
| Q3 2025 | $9.0B | 202 |
| Q2 2025 | $9.2B | 199 |
| Q1 2025 | $8.6B | 199 |
| Q4 2024 | $8.7B | 199 |
| Q3 2024 | $8.4B | 215 |
| Q2 2024 | $8.2B | 215 |
| Q1 2024 | $8.0B | 207 |
| Q4 2023 | $7.5B | 214 |
| Q3 2023 | $6.8B | 218 |