# WestEnd Advisors, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1351731. Source: https://holderbook.com/funds/1351731-westend-advisors-llc/

- Reported value: $4.5B
- Positions: 408
- Weight of the ten largest: 64.0%
- Filed: 2026-07-22

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 |
|---|---|---|---|---|---|
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $640.2M | 3,360,440 | 14.3% | 31 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $464.4M | 8,662,021 | 10.4% | 12 |
| ISHARES TR | [IEUR](https://holderbook.com/stocks/IEUR/) | $364.0M | 4,841,845 | 8.1% | 21 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $309.4M | 1,949,867 | 6.9% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $301.1M | 3,595,668 | 6.7% | 31 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $236.0M | 2,203,231 | 5.3% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $153.6M | 1,942,950 | 3.4% | 10 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $149.3M | 1,727,307 | 3.3% | 17 |
| ISHARES TR | [IEI](https://holderbook.com/stocks/IEI/) | $129.2M | 1,099,976 | 2.9% | 26 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $125.7M | 847,232 | 2.8% | 3 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $124.7M | 655,852 | 2.8% | 3 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $120.3M | 1,025,999 | 2.7% | 31 |
| ISHARES TR | [IYT](https://holderbook.com/stocks/IYT/) | $120.0M | 1,383,695 | 2.7% | 1 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $117.5M | 2,591,111 | 2.6% | 17 |
| ISHARES TR | [IGM](https://holderbook.com/stocks/IGM/) | $116.9M | 714,852 | 2.6% | 4 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $113.3M | 2,229,844 | 2.5% | 2 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $80.6M | 852,633 | 1.8% | 13 |
| VANGUARD INTL EQUITY INDEX F | [VPL](https://holderbook.com/stocks/VPL/) | $60.3M | 521,280 | 1.3% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $58.4M | 291,918 | 1.3% | 21 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $53.8M | 180,372 | 1.2% | 12 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $48.7M | 168,345 | 1.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $44.6M | 124,662 | 1.0% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $41.7M | 174,758 | 0.9% | 29 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $40.8M | 379,569 | 0.9% | 1 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $39.7M | 121,431 | 0.9% | 12 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $37.8M | 110,931 | 0.8% | 10 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $36.7M | 98,269 | 0.8% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $36.2M | 70,507 | 0.8% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $35.5M | 70,784 | 0.8% | 21 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $34.2M | 225,600 | 0.8% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $31.5M | 55,937 | 0.7% | 26 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $30.0M | 382,943 | 0.7% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $29.7M | 219,077 | 0.7% | 16 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $27.5M | 67,399 | 0.6% | 10 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $26.9M | 171,546 | 0.6% | 21 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $22.6M | 30,214 | 0.5% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $21.3M | 115,407 | 0.5% | 23 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $20.4M | 121,742 | 0.5% | 21 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $16.9M | 64,569 | 0.4% | 12 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $12.1M | 19,419 | 0.3% | 12 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $2.2M | 26,712 | 0.0% | 31 |
| ISHARES INC | [EEMA](https://holderbook.com/stocks/EEMA/) | $1.8M | 15,107 | 0.0% | 5 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $1.5M | 9,745 | 0.0% | 29 |
| ISHARES TR | [AOR](https://holderbook.com/stocks/AOR/) | $941.8K | 13,551 | 0.0% | 29 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $820.6K | 7,245 | 0.0% | 16 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $786.3K | 1,050 | 0.0% | 12 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $644.4K | 7,796 | 0.0% | 29 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $427.9K | 1,045 | 0.0% | 12 |
| GLOBAL X FDS | [MLPX](https://holderbook.com/stocks/MLPX/) | $189.4K | 2,571 | 0.0% | 12 |
| ISHARES INC | [EWT](https://holderbook.com/stocks/EWT/) | $173.9K | 1,601 | 0.0% | 12 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $170.8K | 846 | 0.0% | 5 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $155.0K | 837 | 0.0% | 1 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $147.2K | 2,981 | 0.0% | 5 |
| INVESCO DB MULTI-SECTOR COMM | [DBB](https://holderbook.com/stocks/DBB/) | $117.3K | 4,868 | 0.0% | 4 |
| INVESCO DB MULTI-SECTOR COMM | [DBE](https://holderbook.com/stocks/DBE/) | $105.5K | 4,023 | 0.0% | 1 |
| ISHARES INC | [EWC](https://holderbook.com/stocks/EWC/) | $105.3K | 1,826 | 0.0% | 3 |
| SPDR INDEX SHS FDS | [GNR](https://holderbook.com/stocks/GNR/) | $99.4K | 1,477 | 0.0% | 2 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $88.5K | 1,114 | 0.0% | 18 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $66.9K | 295 | 0.0% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $64.9K | 156 | 0.0% | 31 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $51.6K | 971 | 0.0% | 12 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $44.0K | 88 | 0.0% | 10 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $40.0K | 159 | 0.0% | 21 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $37.5K | 106 | 0.0% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $36.7K | 107 | 0.0% | 21 |
| VANGUARD SCOTTSDALE FDS | [VCLT](https://holderbook.com/stocks/VCLT/) | $32.9K | 437 | 0.0% | 18 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $30.6K | 81 | 0.0% | 12 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $29.9K | 562 | 0.0% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $28.8K | 24 | 0.0% | 12 |
| ISHARES TR | [IAI](https://holderbook.com/stocks/IAI/) | $24.4K | 139 | 0.0% | 9 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $24.2K | 21 | 0.0% | 12 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $20.8K | 693 | 0.0% | 1 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $20.3K | 254 | 0.0% | 1 |
| ISHARES INC | [EWW](https://holderbook.com/stocks/EWW/) | $19.0K | 253 | 0.0% | 1 |
| ENERGY TRANSFER L P | [ET](https://holderbook.com/stocks/ET/) | $18.3K | 958 | 0.0% | 1 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $18.3K | 72 | 0.0% | 29 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $17.4K | 48 | 0.0% | 12 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $16.3K | 28 | 0.0% | 12 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $15.5K | 164 | 0.0% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $15.2K | 41 | 0.0% | 12 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $14.0K | 111 | 0.0% | 12 |
| ADVANCED ENERGY INDS | [AEIS](https://holderbook.com/stocks/AEIS/) | $13.6K | 36 | 0.0% | 1 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $13.1K | 48 | 0.0% | 1 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $13.0K | 229 | 0.0% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $13.0K | 31 | 0.0% | 12 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $13.0K | 25 | 0.0% | 1 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $12.0K | 50 | 0.0% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $11.5K | 159 | 0.0% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $11.4K | 82 | 0.0% | 12 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $10.9K | 22 | 0.0% | 12 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $10.8K | 69 | 0.0% | 19 |
| ISHARES TR | [IGV](https://holderbook.com/stocks/IGV/) | $10.6K | 117 | 0.0% | 7 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $10.3K | 10 | 0.0% | 10 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $10.2K | 104 | 0.0% | 12 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $10.1K | 14 | 0.0% | 12 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $9.5K | 22 | 0.0% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $9.4K | 73 | 0.0% | 21 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $8.8K | 107 | 0.0% | 10 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $8.8K | 42 | 0.0% | 10 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $8.4K | 60 | 0.0% | 10 |

## 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 | +9.9% | +14.8% | -4.9% | 100% |
| Q1 2026 | -3.8% | -4.6% | +0.8% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.4% | 100% |
| Q3 2025 | +6.5% | +7.8% | -1.3% | 100% |
| Q2 2025 | +6.8% | +10.5% | -3.7% | 100% |
| Q1 2025 | -0.7% | -4.6% | +3.8% | 100% |
| Q4 2024 | -1.4% | +2.1% | -3.5% | 100% |
| Q3 2024 | +5.9% | +5.4% | +0.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $4.5B | 408 |
| Q1 2026 | $4.1B | 391 |
| Q4 2025 | $4.3B | 388 |
| Q3 2025 | $4.3B | 389 |
| Q2 2025 | $4.0B | 366 |
| Q1 2025 | $3.8B | 361 |
| Q4 2024 | $3.9B | 340 |
| Q3 2024 | $4.1B | 397 |
| Q2 2024 | $3.9B | 364 |
| Q1 2024 | $3.9B | 354 |
| Q4 2023 | $3.6B | 301 |
| Q3 2023 | $3.3B | 300 |