# Gateway Advisory, LLC

> Institutional holdings reported to the SEC as of Q3 2024 on Form 13F. CIK 1512404. Source: https://holderbook.com/funds/1512404-gateway-advisory-llc/

- Reported value: $620.2M
- Positions: 131
- Weight of the ten largest: 55.6%
- Filed: 2024-11-14

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 |
|---|---|---|---|---|---|
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $60.5M | 546,560 | 9.7% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $50.1M | 108,863 | 8.1% | 15 |
| ISHARES TR | [IBDY](https://holderbook.com/stocks/IBDY/) | $45.0M | 1,703,565 | 7.3% | 4 |
| ISHARES TR | [IBDW](https://holderbook.com/stocks/IBDW/) | $34.3M | 1,617,206 | 5.5% | 4 |
| ISHARES TR | [IBDX](https://holderbook.com/stocks/IBDX/) | $34.3M | 1,334,174 | 5.5% | 4 |
| ISHARES TR | [IBDV](https://holderbook.com/stocks/IBDV/) | $34.2M | 1,540,405 | 5.5% | 6 |
| ISHARES TR | [IBDU](https://holderbook.com/stocks/IBDU/) | $22.2M | 942,319 | 3.6% | 7 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $22.0M | 861,339 | 3.5% | 7 |
| INVESCO EXCHANGE TRADED FD T | [PDP](https://holderbook.com/stocks/PDP/) | $21.9M | 212,409 | 3.5% | 18 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $20.2M | 249,500 | 3.2% | 4 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $15.3M | 626,432 | 2.5% | 9 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $12.9M | 179,798 | 2.1% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $12.3M | 52,667 | 2.0% | 24 |
| ISHARES INC | [EMHY](https://holderbook.com/stocks/EMHY/) | $11.8M | 303,324 | 1.9% | 7 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $10.7M | 441,732 | 1.7% | 18 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $9.0M | 181,878 | 1.5% | 14 |
| VANECK ETF TRUST | [MLN](https://holderbook.com/stocks/MLN/) | $8.9M | 489,013 | 1.4% | 4 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $7.8M | 77,031 | 1.3% | 24 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.4M | 17,106 | 1.2% | 21 |
| ISHARES TR | [INDY](https://holderbook.com/stocks/INDY/) | $7.2M | 128,165 | 1.2% | 7 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.8M | 36,738 | 1.1% | 23 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $6.8M | 17,363 | 1.1% | 7 |
| FIRST TR EXCHANGE TRADED FD | [FXR](https://holderbook.com/stocks/FXR/) | $6.7M | 88,590 | 1.1% | 9 |
| FIRST TR EXCHANGE TRADED FD | [FXD](https://holderbook.com/stocks/FXD/) | $6.2M | 98,357 | 1.0% | 4 |
| ISHARES TR | [IBMR](https://holderbook.com/stocks/IBMR/) | $6.1M | 240,357 | 1.0% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.0M | 35,797 | 1.0% | 9 |
| FIRST TR EXCHANGE-TRADED FD | [FTXL](https://holderbook.com/stocks/FTXL/) | $6.0M | 64,109 | 1.0% | 4 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $6.0M | 47,422 | 1.0% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [QTEC](https://holderbook.com/stocks/QTEC/) | $5.8M | 30,283 | 0.9% | 4 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $5.6M | 26,475 | 0.9% | 4 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $5.5M | 24,864 | 0.9% | 3 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $4.8M | 17,459 | 0.8% | 4 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $4.6M | 40,463 | 0.7% | 11 |
| ISHARES TR | [IBMQ](https://holderbook.com/stocks/IBMQ/) | $4.4M | 173,421 | 0.7% | 7 |
| INVESCO EXCHANGE TRADED FD T | [GRPM](https://holderbook.com/stocks/GRPM/) | $4.0M | 34,529 | 0.7% | 9 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $3.9M | 21,707 | 0.6% | 24 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $3.9M | 33,051 | 0.6% | 24 |
| VANGUARD ADMIRAL FDS INC | [IVOO](https://holderbook.com/stocks/IVOO/) | $3.6M | 34,263 | 0.6% | 4 |
| VANGUARD ADMIRAL FDS INC | [IVOV](https://holderbook.com/stocks/IVOV/) | $3.6M | 37,694 | 0.6% | 9 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $3.6M | 18,726 | 0.6% | 10 |
| ISHARES TR | [IBMP](https://holderbook.com/stocks/IBMP/) | $3.4M | 132,009 | 0.5% | 9 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $3.3M | 64,257 | 0.5% | 24 |
| ISHARES TR | [IBMO](https://holderbook.com/stocks/IBMO/) | $2.8M | 110,093 | 0.5% | 9 |
| ISHARES TR | [IBMN](https://holderbook.com/stocks/IBMN/) | $2.7M | 100,162 | 0.4% | 12 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $2.1M | 7,558 | 0.3% | 24 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 9,343 | 0.3% | 11 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.7M | 9,188 | 0.3% | 13 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $1.4M | 2,388 | 0.2% | 15 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.3M | 11,041 | 0.2% | 7 |
| ALPS ETF TR | [SDOG](https://holderbook.com/stocks/SDOG/) | $1.3M | 22,704 | 0.2% | 19 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $1.3M | 7,673 | 0.2% | 13 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $1.3M | 19,755 | 0.2% | 24 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.3M | 2,208 | 0.2% | 7 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $1.2M | 4,577 | 0.2% | 4 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $1.2M | 10,887 | 0.2% | 4 |
| PROVIDENT FINL SVCS INC | [PFS](https://holderbook.com/stocks/PFS/) | $1.1M | 60,218 | 0.2% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.1M | 1,228 | 0.2% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.1M | 6,188 | 0.2% | 6 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $930.2K | 1,980 | 0.1% | 7 |
| FAIR ISAAC CORP | [FICO](https://holderbook.com/stocks/FICO/) | $927.1K | 477 | 0.1% | 4 |
| ARISTA NETWORKS INC | [ANETXXXX](https://holderbook.com/stocks/ANETXXXX/) | $900.8K | 2,347 | 0.1% | 6 |
| NU HLDGS LTD | [NU](https://holderbook.com/stocks/NU/) | $898.0K | 65,791 | 0.1% | 4 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $861.3K | 6,001 | 0.1% | 3 |
| PIMCO DYNAMIC INCOME FD | [PDI](https://holderbook.com/stocks/PDI/) | $847.2K | 41,797 | 0.1% | 12 |
| GARTNER INC | [IT](https://holderbook.com/stocks/IT/) | $814.4K | 1,607 | 0.1% | 7 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $809.8K | 4,997 | 0.1% | 24 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $807.6K | 4,533 | 0.1% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $791.9K | 5,377 | 0.1% | 24 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $762.3K | 4,298 | 0.1% | 2 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $753.6K | 4,626 | 0.1% | 9 |
| DIREXION SHS ETF TR | [YANGXXXX](https://holderbook.com/stocks/YANGXXXX/) | $728.0K | 175,000 | 0.1% | 1 |
| DECKERS OUTDOOR CORP | [DECK](https://holderbook.com/stocks/DECK/) | $688.8K | 4,320 | 0.1% | 2 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $676.9K | 836 | 0.1% | 4 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $675.2K | 6,787 | 0.1% | 2 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $671.4K | 9,244 | 0.1% | 3 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $664.8K | 9,735 | 0.1% | 1 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $664.7K | 8,844 | 0.1% | 4 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $655.4K | 3,048 | 0.1% | 15 |
| SOUTHERN COPPER CORP | [SCCO](https://holderbook.com/stocks/SCCO/) | $653.3K | 5,648 | 0.1% | 2 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $651.1K | 5,479 | 0.1% | 1 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $633.0K | 1,910 | 0.1% | 2 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $623.6K | 1,032 | 0.1% | 1 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $619.4K | 4,185 | 0.1% | 1 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $619.0K | 13,750 | 0.1% | 4 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $603.7K | 1,221 | 0.1% | 6 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $571.7K | 806 | 0.1% | 7 |
| KKR & CO INC | [KKR](https://holderbook.com/stocks/KKR/) | $570.1K | 4,366 | 0.1% | 17 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $500.8K | 1,914 | 0.1% | 7 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $500.6K | 1,846 | 0.1% | 4 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $488.6K | 11,697 | 0.1% | 8 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $487.6K | 550 | 0.1% | 6 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $487.0K | 1,910 | 0.1% | 2 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $484.2K | 1,679 | 0.1% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $471.9K | 1,716 | 0.1% | 7 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $454.1K | 11,445 | 0.1% | 6 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $449.9K | 6,260 | 0.1% | 8 |
| DAVITA INC | [DVA](https://holderbook.com/stocks/DVA/) | $444.4K | 2,711 | 0.1% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $441.9K | 1,091 | 0.1% | 19 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $417.7K | 3,055 | 0.1% | 6 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $417.6K | 2,545 | 0.1% | 6 |

## 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 |
|---|---|---|---|---|
| Q3 2024 | +5.3% | +5.4% | -0.1% | 96% |
| Q2 2024 | -0.1% | +4.0% | -4.2% | 96% |
| Q1 2024 | +4.2% | +10.0% | -5.9% | 96% |
| Q4 2023 | +3.6% | +11.2% | -7.6% | 84% |
| Q3 2023 | -1.1% | -3.6% | +2.5% | 84% |
| Q2 2023 | +2.5% | +8.3% | -5.8% | 84% |
| Q1 2023 | +2.1% | +7.0% | -4.9% | 83% |
| Q4 2022 | +3.2% | +7.1% | -3.9% | 71% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2024 | $620.2M | 131 |
| Q2 2024 | $588.8M | 140 |
| Q1 2024 | $570.1M | 132 |
| Q4 2023 | $520.9M | 128 |
| Q3 2023 | $490.3M | 107 |
| Q2 2023 | $472.0M | 106 |
| Q1 2023 | $449.1M | 93 |
| Q4 2022 | $389.7M | 73 |
| Q3 2022 | $403.3M | 77 |
| Q2 2022 | $234.8M | 64 |
| Q1 2022 | $368.0M | 97 |
| Q4 2021 | $469.1M | 103 |