Orion Portfolio Solutions, LLC

Reported holdings as of Q1 2025, from 22 quarterly filings.

This filer last reported in Q1 2025; the most recent quarter on file across all filers is Q2 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.

CIK

1802647

Reported value

$20.2B

Positions

2,010

Top 10 weight

21.8%

Filed

2025-05-14

Days after quarter end

Holdings

Security	Ticker	Value	Shares	Weight	Weight change	Held	Change
NORTHERN LTS FD TR IV	SECT	$1.9B	35,584,508	9.32%	-0.49pp	21q	+98.6%+$936.9M
ISHARES TR	IVV	$458.9M	804,262	2.27%	+0.74pp	5q	+209.1%+$310.4M
NORTHERN LTS FD TR IV	BUYW	$420.8M	30,422,964	2.08%	+0.02pp	11q	+104.9%+$215.5M
VANGUARD INDEX FDS	VTI	$292.6M	1,036,667	1.45%	-0.03pp	22q	+102.8%+$148.3M
NVIDIA CORPORATION	NVDA	$265.8M	2,202,381	1.31%	-0.09pp	22q	+110.5%+$139.5M
ELEVANCE HEALTH INC FORMERLY	ELV	$235.6M	927,214	1.16%	-1.10pp	22q	+2.0%+$4.7M
APPLE INC	AAPL	$221.8M	1,013,145	1.10%	+1.01pp	22q	+1779.5%+$210.0M
ISHARES TR	IWF	$216.7M	567,371	1.07%	-0.10pp	22q	+94.7%+$105.4M
VANGUARD TAX-MANAGED FDS	VEA	$210.3M	4,257,290	1.04%	+0.07pp	22q	+110.3%+$110.3M
VANGUARD INDEX FDS	VUG	$195.3M	500,192	0.97%	-0.05pp	22q	+102.2%+$98.7M
FISERV INC	FISV	$191.7M	481,590	0.95%	-0.84pp	22q	+13.2%+$22.4M
MICROSOFT CORP	MSFT	$173.9M	502,501	0.86%	+0.76pp	22q	+654.2%+$150.8M
VANGUARD INDEX FDS	VTV	$164.9M	964,053	0.82%	+0.04pp	22q	+109.0%+$86.0M
VANGUARD INDEX FDS	VOO	$160.1M	304,343	0.79%	-0.02pp	22q	+102.3%+$81.0M
STATE STR SPDR S&P 500 ETF T	SPY	$149.8M	261,507	0.74%	-0.03pp	22q	+97.4%+$73.9M
ISHARES TR	AGG	$141.2M	1,441,550	0.70%	+0.02pp	22q	+104.1%+$72.0M
ISHARES TR	MUB	$137.1M	1,292,561	0.68%	-0.09pp	22q	+78.0%+$60.1M
ISHARES TR	IXUS	$133.8M	1,967,955	0.66%	+0.01pp	8q	+100.5%+$67.1M
SPDR SERIES TRUST	SPYG	$132.9M	1,517,844	0.66%	-0.61pp	22q	+4.8%+$6.1M
META PLATFORMS INC	META	$126.3M	217,474	0.62%	+0.02pp	22q	+110.3%+$66.2M
AIR PRODUCTS AND CHEMICALS I	APD	$125.9M	562,686	0.62%	-0.54pp	12q	+6.2%+$7.3M
AMAZON COM INC	AMZN	$115.8M	594,128	0.57%	+0.52pp	22q	+3765.5%+$112.8M
ISHARES TR	ITOT	$113.0M	902,143	0.56%	-0.02pp	15q	+101.3%+$56.9M
DIREXION SHARES ETF TRUST	HCMT	$112.0M	3,392,194	0.55%	-0.03pp	8q	+108.4%+$58.3M
INVESCO EXCH TRADED FD TR II	SPMO	$111.2M	1,188,967	0.55%	+0.10pp	5q	+149.6%+$66.6M
INVESCO QQQ TR	QQQ	$111.0M	226,627	0.55%	-0.02pp	22q	+103.5%+$56.4M
VISA INC	V	$110.5M	331,824	0.55%	+0.02pp	22q	+98.3%+$54.8M
ALPHABET INC	GOOG	$106.9M	613,246	0.53%	-0.10pp	22q	+83.1%+$48.5M
WALMART INC	WMT	$106.2M	1,193,359	0.53%	flat	22q	+106.2%+$54.7M
ADVISORS INNER CIRCLE FD II	EDGF	$105.8M	4,251,361	0.52%	-	new	NEW
SCHWAB STRATEGIC TR	FNDF	$101.5M	2,929,972	0.50%	flat	22q	+95.2%+$49.5M
BERKSHIRE HATHAWAY INC DEL	BRKB	$100.9M	204,227	0.50%	+0.05pp	22q	+105.1%+$51.7M
GOLDMAN SACHS ETF TR	GSLC	$100.6M	892,637	0.50%	-0.02pp	22q	+98.3%+$49.9M
JPMORGAN CHASE & CO	JPM	$97.0M	399,831	0.48%	+0.01pp	8q	+102.2%+$49.0M
NORTHERN LTS FD TR IV	TMAT	$96.5M	5,007,319	0.48%	-0.05pp	17q	+98.4%+$47.9M
UNITEDHEALTH GROUP INC	UNH	$90.1M	174,979	0.45%	+0.01pp	22q	+101.3%+$45.3M
NORTHERN LIGHTS FD TR	MRSK	$89.0M	2,757,658	0.44%	+0.01pp	11q	+113.0%+$47.2M
PACER FDS TR	COWZ	$88.4M	1,585,746	0.44%	-0.08pp	16q	+71.5%+$36.9M
BROADCOM INC	AVGO	$88.1M	444,837	0.44%	-0.05pp	22q	+111.0%+$46.3M
VANGUARD INTL EQUITY INDEX F	VWO	$84.7M	1,893,669	0.42%	+0.04pp	22q	+119.2%+$46.0M
ISHARES TR	IWY	$84.4M	361,134	0.42%	-0.38pp	14q	+6.2%+$4.9M
ISHARES TR	IEFA	$82.6M	1,138,896	0.41%	-0.05pp	22q	+73.4%+$35.0M
SPDR SERIES TRUST	CWB	$75.0M	971,466	0.37%	flat	3q	+101.4%+$37.8M
ELI LILLY & CO	LLY	$72.8M	90,993	0.36%	+0.02pp	22q	+108.8%+$37.9M
INVESCO EXCHANGE TRADED FD T	XMMO	$72.6M	595,895	0.36%	-0.25pp	5q	+21.3%+$12.8M
VICTORY PORTFOLIOS II	UITB	$71.6M	1,556,712	0.35%	-0.35pp	6q	+0.9%+$627.7K
ADOBE INC	ADBE	$70.0M	326,025	0.35%	-0.20pp	22q	+14.3%+$8.8M
VANECK ETF TRUST	CLOI	$69.3M	1,311,988	0.34%	-0.01pp	6q	+97.9%+$34.3M
VANGUARD MALVERN FDS	VCRB	$69.2M	894,071	0.34%	-	new	NEW
ISHARES INC	IEMG	$66.5M	1,252,180	0.33%	+0.01pp	8q	+103.3%+$33.8M
DBX ETF TR	QARP	$66.4M	1,274,521	0.33%	-0.01pp	6q	+95.9%+$32.5M
ISHARES TR	IWP	$66.3M	542,279	0.33%	-0.03pp	22q	+92.8%+$31.9M
MASTERCARD INCORPORATED	MA	$66.0M	122,694	0.33%	+0.01pp	22q	+104.7%+$33.7M
VANGUARD WORLD FD	MGC	$64.8M	312,779	0.32%	-0.02pp	17q	+97.4%+$32.0M
TESLA INC	TSLA	$63.8M	197,131	0.32%	-0.04pp	22q	+124.3%+$35.4M
EXXON MOBIL CORP	XOMXXXX	$63.5M	559,701	0.31%	+0.02pp	22q	+105.0%+$32.5M
JOHNSON & JOHNSON	JNJ	$62.6M	402,882	0.31%	+0.02pp	8q	+102.3%+$31.7M
ISHARES TR	IWO	$61.5M	226,415	0.30%	-0.02pp	9q	+98.4%+$30.5M
AMERICAN CENTY ETF TR	AVEM	$61.2M	1,027,092	0.30%	+0.03pp	6q	+118.6%+$33.2M
HOME DEPOT INC	HD	$61.0M	161,454	0.30%	-0.01pp	5q	+102.1%+$30.8M
ISHARES TR	SUB	$59.4M	562,487	0.29%	+0.01pp	21q	+106.8%+$30.7M
NETFLIX INC	NFLX	$59.1M	64,841	0.29%	flat	22q	+96.5%+$29.0M
NORTHERN LTS FD TR III	QQH	$57.4M	918,932	0.28%	flat	16q	+114.3%+$30.6M
ALPHABET INC	GOOGL	$57.1M	362,849	0.28%	+0.25pp	22q	+2550.3%+$54.9M
ORACLE CORP	ORCL	$56.7M	371,333	0.28%	-0.02pp	22q	+106.2%+$29.2M
AMERICAN CENTY ETF TR	MUSI	$56.6M	1,302,222	0.28%	-0.01pp	15q	+95.0%+$27.6M
ABBVIE INC	ABBV	$56.0M	289,214	0.28%	+0.02pp	22q	+102.4%+$28.4M
PHILIP MORRIS INTL INC	PM	$54.9M	392,949	0.27%	+0.04pp	22q	+103.1%+$27.9M
SPDR SERIES TRUST	SDY	$54.6M	407,464	0.27%	flat	16q	+101.9%+$27.5M
PROCTER & GAMBLE CO	PG	$54.2M	320,779	0.27%	+0.01pp	22q	+106.4%+$28.0M
VANGUARD CHARLOTTE FDS	BNDX	$53.6M	1,095,014	0.26%	+0.02pp	22q	+120.5%+$29.3M
VANGUARD BD INDEX FDS	BSV	$53.5M	687,099	0.26%	+0.02pp	22q	+120.7%+$29.2M
ISHARES TR	IUSB	$53.4M	1,170,291	0.26%	flat	17q	+102.7%+$27.1M
ISHARES TR	IDV	$52.3M	1,799,892	0.26%	flat	22q	+87.4%+$24.4M
ISHARES TR	IVW	$51.9M	533,900	0.26%	-0.02pp	22q	+97.9%+$25.7M
COSTCO WHOLESALE CORPORATION	COST	$51.4M	55,141	0.25%	+0.02pp	22q	+115.5%+$27.5M
VANGUARD SCOTTSDALE FDS	VMBS	$50.9M	1,110,448	0.25%	+0.01pp	21q	+110.1%+$26.7M
STARBUCKS CORP	SBUX	$50.1M	360,402	0.25%	-0.04pp	22q	+142.8%+$29.5M
NORTHERN LTS FD TR III	LGH	$49.4M	985,866	0.24%	flat	16q	+113.4%+$26.2M
AON PLC	AON	$48.7M	128,337	0.24%	+0.01pp	17q	+100.4%+$24.4M
SOUTHERN CO	SO	$47.5M	544,489	0.23%	+0.01pp	22q	+101.5%+$23.9M
ISHARES TR	EFA	$46.7M	593,023	0.23%	+0.01pp	22q	+104.6%+$23.9M
ISHARES TR	QUAL	$46.5M	266,535	0.23%	flat	22q	+104.6%+$23.8M
ISHARES TR	IWX	$45.5M	553,731	0.22%	-	new	NEW
CAPITAL GROUP DIVIDEND VALUE	CGDV	$45.4M	1,279,153	0.22%	+0.01pp	9q	+106.0%+$23.3M
CHEVRON CORPORATION	CVX	$45.0M	287,967	0.22%	+0.02pp	5q	+106.1%+$23.2M
NOVO-NORDISK A S	NVO	$44.9M	575,250	0.22%	-0.03pp	10q	+93.0%+$21.6M
DIMENSIONAL ETF TRUST	DFAC	$44.5M	1,320,608	0.22%	+0.01pp	16q	+116.8%+$24.0M
ABBOTT LABORATORIES	ABT	$44.0M	358,649	0.22%	+0.01pp	4q	+95.0%+$21.4M
VANGUARD INDEX FDS	VB	$43.8M	189,893	0.22%	-0.01pp	22q	+102.3%+$22.2M
SCHWAB STRATEGIC TR	SCHX	$43.5M	1,921,220	0.21%	-0.01pp	14q	+98.0%+$21.5M
ADVISORS INNER CIRCLE FD II	EDGH	$43.3M	1,662,813	0.21%	-	new	NEW
THERMO FISHER SCIENTIFIC INC	TMO	$43.2M	84,956	0.21%	-0.01pp	22q	+97.9%+$21.4M
WASTE MGMT INC DEL	WM	$42.9M	198,187	0.21%	+0.01pp	22q	+98.6%+$21.3M
INTUIT	INTU	$42.9M	69,048	0.21%	-0.01pp	22q	+94.4%+$20.8M
ISHARES TR	SHY	$42.5M	515,662	0.21%	flat	22q	+104.5%+$21.7M
ACCENTURE PLC IRELAND	ACN	$41.4M	124,678	0.20%	-0.01pp	22q	+99.4%+$20.6M
SALESFORCE INC	CRM	$41.2M	138,695	0.20%	flat	22q	+128.4%+$23.2M
VANGUARD BD INDEX FDS	BIV	$41.2M	543,816	0.20%	+0.02pp	22q	+123.1%+$22.7M
PEPSICO INC	PEP	$41.1M	272,147	0.20%	+0.01pp	22q	+109.2%+$21.4M
TIDAL TRUST II	RSST	$40.9M	1,779,054	0.20%	-0.01pp	5q	+98.6%+$20.3M
INVESCO EXCH TRADED FD TR II	QQQM	$40.9M	201,182	0.20%	-0.05pp	9q	+70.5%+$16.9M
S&P GLOBAL INC	SPGI	$40.1M	79,762	0.20%	flat	22q	+101.0%+$20.2M
ISHARES TR	IEI	$40.0M	342,378	0.20%	+0.01pp	18q	+108.0%+$20.8M
NORTHERN LIGHTS FD TR	THY	$39.9M	1,794,164	0.20%	+0.01pp	20q	+111.4%+$21.0M
BLACKROCK ETF TRUST	DYNF	$39.3M	785,876	0.19%	flat	5q	+102.9%+$19.9M
NORTHERN LTS FD TR IV	INTL	$38.8M	1,707,927	0.19%	+0.01pp	10q	+111.5%+$20.4M
PROGRESSIVE CORP	PGR	$38.0M	145,552	0.19%	+0.01pp	18q	+99.6%+$19.0M
CISCO SYS INC	CSCO	$37.8M	624,905	0.19%	flat	22q	+96.6%+$18.6M
PROSHARES TR	TDV	$37.5M	505,536	0.19%	-0.01pp	20q	+94.1%+$18.2M
SERVICENOW INC	NOW	$37.5M	40,844	0.19%	-0.01pp	22q	+117.4%+$20.2M
ISHARES TR	IWB	$37.1M	117,499	0.18%	-0.03pp	15q	+73.6%+$15.7M
SPDR SERIES TRUST	SPYM	$36.9M	547,251	0.18%	-0.01pp	18q	+100.1%+$18.4M
AMERICAN EXPRESS CO	AXP	$36.8M	129,967	0.18%	-0.02pp	22q	+92.5%+$17.7M
J P MORGAN EXCHANGE TRADED F	JEPI	$36.2M	631,253	0.18%	+0.02pp	17q	+134.1%+$20.7M
FRANKLIN TEMPLETON ETF TR	FLSP	$35.8M	1,479,180	0.18%	flat	12q	+94.6%+$17.4M
DUKE ENERGY CORP NEW	DUK	$35.7M	310,798	0.18%	+0.01pp	22q	+102.8%+$18.1M
COCA COLA CO	KO	$35.4M	527,331	0.17%	+0.02pp	22q	+108.1%+$18.4M
ISHARES TR	IWD	$34.9M	187,363	0.17%	-0.03pp	22q	+74.5%+$14.9M
CAPITAL GROUP INTL FOCUS EQT	CGXU	$34.7M	1,408,532	0.17%	-0.16pp	4q	+4.4%+$1.5M
LOWES COS INC	LOW	$34.3M	142,665	0.17%	-0.01pp	22q	+97.8%+$16.9M
DANAHER CORP DEL	DHR	$33.0M	151,923	0.16%	-0.01pp	5q	+97.3%+$16.3M
ISHARES TR	IVE	$32.7M	171,574	0.16%	+0.04pp	22q	+169.2%+$20.6M
J P MORGAN EXCHANGE TRADED F	JMUB	$32.4M	648,640	0.16%	-	new	NEW
PFIZER INC	PFE	$32.4M	1,250,715	0.16%	+0.01pp	22q	+114.8%+$17.3M
ISHARES TR	IDEV	$32.2M	483,034	0.16%	flat	8q	+100.1%+$16.1M
ISHARES TR	EFG	$30.7M	313,845	0.15%	-0.05pp	18q	+50.2%+$10.3M
MCDONALDS CORP	MCD	$30.5M	101,173	0.15%	+0.01pp	22q	+109.4%+$15.9M
ISHARES TR	EFV	$30.4M	547,337	0.15%	flat	5q	+85.4%+$14.0M
VANGUARD SCOTTSDALE FDS	VCSH	$30.1M	383,675	0.15%	flat	22q	+98.6%+$15.0M
VANGUARD BD INDEX FDS	BND	$29.9M	411,575	0.15%	+0.01pp	22q	+112.9%+$15.9M
ISHARES TR	IJR	$29.4M	268,054	0.15%	-0.01pp	22q	+101.9%+$14.9M
SCHWAB CHARLES CORP	SCHW	$29.4M	343,495	0.15%	-0.03pp	18q	+78.7%+$12.9M
UNION PAC CORP	UNP	$29.3M	126,153	0.14%	flat	22q	+95.6%+$14.3M
TEXAS INSTRS INC	TXN	$29.2M	158,730	0.14%	-0.01pp	22q	+97.6%+$14.4M
ADVISORS INNER CIRCLE FD II	EDGU	$27.9M	1,150,496	0.14%	-	new	NEW
RTX CORPORATION	RTX	$27.8M	223,821	0.14%	+0.01pp	15q	+106.7%+$14.4M
VALMONT INDS INC	VMI	$27.7M	93,699	0.14%	flat	22q	+103.4%+$14.1M
MERCK & CO INC	MRK	$27.7M	290,819	0.14%	-0.03pp	22q	+76.4%+$12.0M
THE CIGNA GROUP	CI	$27.4M	90,574	0.14%	+0.01pp	22q	+101.3%+$13.8M
ISHARES TR	IJH	$27.3M	452,271	0.14%	-0.01pp	22q	+87.8%+$12.8M
YUM BRANDS INC	YUM	$27.1M	187,519	0.13%	flat	22q	+83.1%+$12.3M
J P MORGAN EXCHANGE TRADED F	JEPQ	$26.2M	485,094	0.13%	flat	8q	+106.0%+$13.5M
CONOCOPHILLIPS	COP	$26.0M	254,803	0.13%	flat	22q	+98.1%+$12.9M
VANGUARD BD INDEX FDS	BLV	$26.0M	373,953	0.13%	+0.01pp	22q	+120.9%+$14.2M
CAPITAL GROUP CORE EQUITY ET	CGUS	$25.9M	760,082	0.13%	flat	7q	+113.0%+$13.8M
CAPITAL GRP FIXED INCM ETF T	CGMU	$25.9M	962,758	0.13%	+0.01pp	3q	+120.4%+$14.1M
J P MORGAN EXCHANGE TRADED F	BBUS	$25.8M	249,164	0.13%	-0.01pp	13q	+91.9%+$12.3M
ISHARES INC	EMXC	$25.7M	465,023	0.13%	flat	6q	+95.3%+$12.5M
WORKDAY INC	WDAY	$25.6M	104,250	0.13%	-0.01pp	9q	+97.9%+$12.7M
ISHARES TR	TLT	$25.6M	288,108	0.13%	-0.01pp	15q	+79.1%+$11.3M
SIMPLIFY EXCHANGE TRADED FUN	CTA	$25.2M	876,887	0.12%	flat	6q	+93.3%+$12.2M
VANGUARD MUN BD FDS	VTEB	$25.2M	502,683	0.12%	-0.10pp	21q	+12.1%+$2.7M
MARSH & MCLENNAN COS INC	MRSH	$24.7M	108,148	0.12%	+0.01pp	22q	+103.9%+$12.6M
ISHARES TR	IGSB	$24.6M	473,427	0.12%	flat	22q	+98.3%+$12.2M
ISHARES TR	MBB	$24.5M	264,035	0.12%	+0.01pp	22q	+124.0%+$13.6M
PIMCO ETF TR	PYLD	$24.3M	929,157	0.12%	flat	5q	+92.1%+$11.6M
ALPS ETF TR	AMLP	$24.0M	479,065	0.12%	+0.01pp	14q	+103.7%+$12.2M
TAIWAN SEMICONDUCTOR MANUFAC	TSM	$24.0M	141,985	0.12%	+0.10pp	18q	+1488.0%+$22.5M
DOMINION ENERGY INC	D	$23.8M	432,559	0.12%	flat	22q	+97.9%+$11.8M
CANADIAN PACIFIC KANSAS CITY	CP	$23.8M	332,417	0.12%	-0.02pp	8q	+74.5%+$10.1M
SPDR SERIES TRUST	SPYV	$23.5M	459,103	0.12%	-0.04pp	22q	+54.6%+$8.3M
HONEYWELL INTL INC	HONZZZZ	$23.4M	106,604	0.12%	-0.01pp	5q	+86.3%+$10.8M
GOLDMAN SACHS ETF TR	GSSC	$23.3M	352,026	0.12%	flat	2q	+101.7%+$11.8M
SELECT SECTOR SPDR TR	XLK	$23.3M	105,814	0.12%	-0.01pp	22q	+91.4%+$11.1M
ISHARES TR	SGOV	$23.1M	230,264	0.11%	flat	8q	+103.7%+$11.8M
MCKESSON CORP	MCK	$23.0M	37,167	0.11%	flat	14q	+92.7%+$11.1M
LINDE PLC	LIN	$22.9M	51,734	0.11%	+0.01pp	9q	+103.2%+$11.6M
BANK OF AMER CORP	BAC	$22.8M	533,132	0.11%	flat	22q	+98.7%+$11.3M
CHUBB LIMITED	CB	$22.7M	78,443	0.11%	flat	22q	+99.3%+$11.3M
SYNOPSYS INC	SNPS	$22.6M	49,616	0.11%	-0.01pp	16q	+104.9%+$11.6M
ZOETIS INC	ZTS	$22.6M	137,652	0.11%	+0.01pp	22q	+112.0%+$11.9M
UNITED PARCEL SVCS INC	UPS	$22.5M	190,803	0.11%	-0.01pp	22q	+106.1%+$11.6M
INTERNATIONAL BUSINESS MACHS	IBM	$22.4M	96,520	0.11%	-0.01pp	22q	+76.6%+$9.7M
DIMENSIONAL ETF TRUST	DCOR	$22.2M	353,664	0.11%	flat	7q	+106.9%+$11.5M
PROSHARES TR	TQQQ	$22.2M	326,745	0.11%	-0.01pp	6q	+107.3%+$11.5M
VANGUARD SCOTTSDALE FDS	VCIT	$22.1M	273,100	0.11%	flat	22q	+101.5%+$11.1M
ISHARES TR	HDV	$22.0M	189,053	0.11%	flat	22q	+96.6%+$10.8M
SPDR INDEX SHS FDS	SPDW	$22.0M	622,064	0.11%	+0.01pp	22q	+105.2%+$11.3M
T ROWE PRICE EXCHANGE-TRADED	TOUS	$21.9M	748,389	0.11%	-	new	NEW
SAP SE	SAP	$21.8M	84,775	0.11%	flat	9q	+91.5%+$10.4M
WELLS FARGO & CO	WFC	$21.7M	305,863	0.11%	flat	22q	+97.8%+$10.7M
APPLIED MATLS INC	AMAT	$21.7M	101,515	0.11%	-0.03pp	22q	+119.6%+$11.8M
MONDELEZ INTL INC	MDLZ	$21.6M	336,826	0.11%	+0.01pp	22q	+115.7%+$11.6M
MSCI INC	MSCI	$21.5M	36,566	0.11%	-0.04pp	11q	+45.6%+$6.7M
UNILEVER PLC	ULXXXX	$21.5M	370,098	0.11%	-0.01pp	16q	+81.8%+$9.7M
VEEVA SYS INC	VEEV	$21.4M	51,804	0.11%	-0.09pp	9q	+17.3%+$3.2M
DISNEY WALT CO	DIS	$21.4M	144,687	0.11%	-0.02pp	22q	+175.7%+$13.6M
MORGAN STANLEY	MS	$21.2M	174,915	0.10%	-0.01pp	22q	+97.7%+$10.5M
MARRIOTT INTL INC NEW	MAR	$21.1M	81,707	0.10%	-0.01pp	18q	+98.3%+$10.5M
SELECT SECTOR SPDR TR	XLU	$21.1M	273,199	0.10%	flat	22q	+94.8%+$10.3M
ECOLAB INC	ECL	$21.0M	92,951	0.10%	flat	10q	+76.6%+$9.1M
ASML HLDG NV	ASML	$20.9M	30,853	0.10%	flat	15q	+103.6%+$10.6M
ASTRAZENECA PLC	AZN	$20.8M	298,666	0.10%	+0.01pp	13q	+100.2%+$10.4M
GLOBAL X FDS	CLIP	$20.7M	206,305	0.10%	+0.01pp	4q	+114.6%+$11.0M
PRINCIPAL EXCHANGE TRADED FD	USMC	$20.6M	353,646	0.10%	+0.01pp	2q	+143.2%+$12.1M
QUALCOMM INC	QCOM	$20.5M	200,574	0.10%	+0.01pp	22q	+54.7%+$7.2M
INNOVATOR ETFS TRUST	BALT	$20.5M	652,583	0.10%	+0.08pp	4q	+994.9%+$18.6M
AMPHENOL CORP	APH	$20.4M	301,922	0.10%	-0.01pp	22q	+91.8%+$9.8M
ANALOG DEVICES INC	ADI	$20.4M	98,475	0.10%	flat	22q	+104.3%+$10.4M
GARTNER INC	IT	$20.3M	45,139	0.10%	flat	22q	+112.8%+$10.8M
BOOKING HOLDINGS INC	BKNG	$20.3M	4,240	0.10%	flat	22q	+101.7%+$10.2M
AT&T INC	T	$20.1M	773,981	0.10%	+0.03pp	22q	+139.6%+$11.7M
SPDR SERIES TRUST	SPIB	$20.1M	609,254	0.10%	flat	21q	+100.2%+$10.1M
ISHARES TR	STIP	$19.9M	194,862	0.10%	flat	17q	+103.7%+$10.1M
PACER FDS TR	GCOW	$19.8M	558,676	0.10%	+0.01pp	12q	+118.6%+$10.8M
ISHARES TR	ISTB	$19.8M	412,644	0.10%	flat	10q	+99.8%+$9.9M
AMERICAN CENTY ETF TR	AVUV	$19.8M	215,243	0.10%	-0.01pp	9q	+97.3%+$9.8M
SPDR SERIES TRUST	SPMD	$19.7M	371,440	0.10%	flat	16q	+98.8%+$9.8M
ISHARES TR	IYZ	$19.5M	719,370	0.10%	flat	20q	+91.1%+$9.3M
FIRST TR EXCHANGE-TRADED FD	TDIV	$19.5M	256,169	0.10%	-0.01pp	22q	+96.3%+$9.6M
ISHARES TR	TFLO	$19.0M	376,334	0.09%	+0.01pp	14q	+123.5%+$10.5M
GE AEROSPACE	GE	$19.0M	103,128	0.09%	+0.01pp	15q	+111.4%+$10.0M
EATON CORP PLC	ETN	$18.9M	62,913	0.09%	-0.01pp	22q	+105.5%+$9.7M
RELX PLC	RELX	$18.9M	396,120	0.09%	flat	9q	+89.4%+$8.9M
TJX COS INC NEW	TJX	$18.9M	155,818	0.09%	flat	22q	+102.2%+$9.6M
BITWISE BITCOIN ETF TR	BITB	$18.9M	393,464	0.09%	-0.01pp	4q	+95.3%+$9.2M
INVESCO EXCHANGE TRADED FD T	XMHQ	$18.8M	198,179	0.09%	flat	5q	+103.9%+$9.6M
FLEXSHARES TR	QDF	$18.7M	268,637	0.09%	-0.01pp	21q	+86.6%+$8.7M
FIDELITY NATL INFORMATION SV	FIS	$18.6M	239,348	0.09%	-0.01pp	22q	+91.3%+$8.9M
CATERPILLAR INC	CAT	$18.6M	53,643	0.09%	flat	22q	+101.9%+$9.4M
BONDBLOXX ETF TRUST	XONE	$18.5M	373,363	0.09%	flat	8q	+106.2%+$9.5M
PROLOGIS INC.	PLD	$18.5M	169,931	0.09%	flat	22q	+105.9%+$9.5M
CASEYS GEN STORES INC	CASY	$18.3M	43,935	0.09%	+0.01pp	9q	+107.9%+$9.5M
ISHARES TR	IYW	$18.1M	120,397	0.09%	-0.01pp	10q	+94.5%+$8.8M
KKR & CO INC	KKR	$17.9M	137,319	0.09%	flat	9q	+123.4%+$9.9M
PNC FINL SVCS GROUP INC	PNC	$17.9M	98,794	0.09%	+0.03pp	22q	+241.4%+$12.6M
SHOPIFY INC	SHOP	$17.8M	176,189	0.09%	-0.01pp	9q	+89.7%+$8.4M
ISHARES TR	SMMD	$17.8M	271,337	0.09%	-0.01pp	9q	+79.9%+$7.9M
CRH PLC	CRH	$17.5M	194,957	0.09%	+0.01pp	7q	+142.8%+$10.3M
AMGEN INC	AMGN	$17.2M	59,773	0.08%	+0.01pp	22q	+113.4%+$9.1M
VERIZON COMMUNICATIONS INC	VZ	$17.2M	399,301	0.08%	+0.01pp	22q	+126.4%+$9.6M
EA SERIES TRUST	AMID	$17.0M	519,253	0.08%	-0.01pp	3q	+97.3%+$8.4M
ALTRIA GROUP INC	MO	$17.0M	301,313	0.08%	+0.01pp	22q	+107.9%+$8.8M
KLA CORP	KLAC	$16.8M	25,708	0.08%	flat	22q	+103.3%+$8.6M
GENERAL DYNAMICS CORP	GD	$16.8M	62,818	0.08%	flat	22q	+101.3%+$8.5M
LOCKHEED MARTIN CORP	LMT	$16.8M	35,967	0.08%	flat	22q	+102.2%+$8.5M
VANECK ETF TRUST	SMH	$16.7M	74,577	0.08%	+0.01pp	6q	+134.4%+$9.6M
HDFC BANK LTD	HDB	$16.5M	252,798	0.08%	flat	9q	+102.9%+$8.4M
INVESCO EXCHANGE TRADED FD T	RSP	$16.5M	94,451	0.08%	flat	8q	+109.6%+$8.6M
NORTHROP GRUMMAN CORP	NOC	$16.3M	33,150	0.08%	flat	16q	+97.3%+$8.0M
DIAGEO PLC	DEO	$16.2M	141,737	0.08%	+0.01pp	9q	+141.9%+$9.5M
VICTORY PORTFOLIOS II	VFLO	$16.1M	470,976	0.08%	-	new	NEW
BOEING CO	BA	$15.8M	91,319	0.08%	+0.01pp	22q	+120.9%+$8.7M
ADVANCED MICRO DEVICES INC	AMD	$15.8M	94,310	0.08%	-0.02pp	22q	+187.2%+$10.3M
J P MORGAN EXCHANGE TRADED F	JVAL	$15.7M	371,183	0.08%	-0.01pp	21q	+88.1%+$7.4M
GOLDMAN SACHS GROUP INC	GS	$15.7M	27,994	0.08%	flat	22q	+96.2%+$7.7M
NEXTERA ENERGY INC	NEE	$15.6M	219,383	0.08%	flat	22q	+115.3%+$8.4M
COMCAST CORP NEW	CMCSA	$15.5M	417,663	0.08%	flat	22q	+105.0%+$8.0M
GILEAD SCIENCES INC	GILD	$15.5M	154,486	0.08%	-0.01pp	22q	+71.6%+$6.5M
JANUS DETROIT STR TR	JAAA	$15.5M	305,078	0.08%	flat	10q	+104.0%+$7.9M
SHERWIN WILLIAMS CO	SHW	$15.4M	44,738	0.08%	flat	22q	+101.4%+$7.8M
SCHWAB STRATEGIC TR	SCHG	$15.4M	601,083	0.08%	+0.04pp	16q	+398.4%+$12.3M
ISHARES GOLD TR	IAU	$15.3M	279,023	0.08%	+0.01pp	16q	+123.4%+$8.4M
ISHARES TR	HYG	$15.1M	192,089	0.07%	-0.01pp	10q	+88.6%+$7.1M
AMERICAN CENTY ETF TR	AVDV	$15.1M	224,564	0.07%	flat	9q	+94.3%+$7.3M
REPUBLIC SVCS INC	RSG	$15.0M	67,213	0.07%	+0.01pp	22q	+116.6%+$8.1M
ISHARES TR	DGRO	$14.8M	241,089	0.07%	flat	8q	+105.4%+$7.6M
SCHWAB STRATEGIC TR	SCHD	$14.8M	533,994	0.07%	flat	17q	+101.1%+$7.4M
CITIGROUP INC	C	$14.8M	208,765	0.07%	flat	22q	+103.3%+$7.5M
VANGUARD SCOTTSDALE FDS	VGSH	$14.3M	245,509	0.07%	flat	18q	+103.6%+$7.3M
DBX ETF TR	HDEF	$14.3M	557,243	0.07%	flat	17q	+93.1%+$6.9M
MEDTRONIC PLC	MDT	$14.3M	167,430	0.07%	+0.01pp	22q	+119.1%+$7.8M
CSX CORP	CSX	$14.3M	462,482	0.07%	flat	22q	+101.5%+$7.2M
PIMCO ETF TR	BOND	$14.3M	155,911	0.07%	flat	22q	+99.9%+$7.1M
INTERCONTINENTAL EXCHANGE IN	ICE	$14.2M	88,321	0.07%	+0.01pp	8q	+104.3%+$7.3M
J P MORGAN EXCHANGE TRADED F	JMST	$14.2M	278,871	0.07%	flat	8q	+95.2%+$6.9M
PALANTIR TECHNOLOGIES INC	PLTR	$14.1M	175,503	0.07%	+0.01pp	9q	+117.9%+$7.6M
SONY GROUP CORP	SONY	$14.1M	607,886	0.07%	flat	9q	+90.9%+$6.7M
NORFOLK SOUTHN CORP	NSC	$14.0M	59,464	0.07%	-0.01pp	22q	+84.4%+$6.4M
BLACKROCK INC	BLKXXXX	$13.9M	13,598	0.07%	-0.07pp	22q	HELD
SPDR INDEX SHS FDS	SPEM	$13.9M	358,542	0.07%	flat	22q	+102.0%+$7.0M
PIMCO ETF TR	CMDT	$13.9M	549,169	0.07%	-0.06pp	5q	+3.5%+$475.1K
INTUITIVE SURGICAL INC	ISRG	$13.8M	27,143	0.07%	flat	8q	+107.8%+$7.2M
PAYCHEX INC	PAYX	$13.7M	92,752	0.07%	flat	22q	+99.1%+$6.8M
PACCAR INC	PCAR	$13.6M	135,411	0.07%	flat	22q	+99.1%+$6.8M
KINDER MORGAN INC DEL	KMI	$13.6M	487,331	0.07%	flat	8q	+99.0%+$6.8M
FIRST TR EXCHANGE-TRADED FD	FVD	$13.6M	308,908	0.07%	flat	14q	+98.5%+$6.8M
TE CONNECTIVITY PLC	TEL	$13.6M	95,321	0.07%	flat	3q	+95.2%+$6.6M
INNOVATOR ETFS TRUST	PAPR	$13.5M	372,362	0.07%	flat	4q	+101.8%+$6.8M
CARDINAL HEALTH INC	CAH	$13.4M	104,491	0.07%	+0.01pp	13q	+104.9%+$6.9M
DIMENSIONAL ETF TRUST	DFIC	$13.2M	491,664	0.07%	+0.01pp	9q	+117.6%+$7.1M
ISHARES TR	GOVT	$13.2M	572,966	0.07%	-0.01pp	17q	+81.1%+$5.9M
FIRST TR EXCH TRADED FD III	FTLS	$13.1M	201,195	0.06%	flat	21q	+95.6%+$6.4M
PIMCO ETF TR	MUNI	$13.0M	252,338	0.06%	flat	22q	+92.1%+$6.2M
SCHWAB STRATEGIC TR	SCHV	$13.0M	494,585	0.06%	flat	9q	+86.2%+$6.0M
SPDR SERIES TRUST	BIL	$13.0M	142,002	0.06%	-0.01pp	13q	+70.7%+$5.4M
ISHARES TR	XT	$12.9M	219,894	0.06%	flat	8q	+91.8%+$6.2M
ILLINOIS TOOL WKS INC	ITW	$12.8M	51,140	0.06%	flat	22q	+101.3%+$6.5M
AFLAC INC	AFL	$12.8M	119,711	0.06%	-0.01pp	22q	+80.1%+$5.7M
ROPER TECHNOLOGIES INC	ROP	$12.7M	22,851	0.06%	+0.01pp	22q	+107.9%+$6.6M
BNY MELLON ETF TRUST	BKCI	$12.7M	266,306	0.06%	flat	12q	+86.8%+$5.9M
APPLOVIN CORP	APP	$12.7M	42,949	0.06%	-0.01pp	5q	+94.1%+$6.1M
BLACKROCK INC	BLK	$12.6M	13,329	0.06%	-	new	NEW
RBC BEARINGS INC	RBC	$12.6M	40,567	0.06%	flat	9q	+102.4%+$6.4M
COASTAL FINL CORP WA	CCB	$12.4M	142,178	0.06%	-0.01pp	9q	+72.7%+$5.2M
ENTEGRIS INC	ENTG	$12.2M	131,363	0.06%	flat	9q	+111.9%+$6.4M
CROWN CASTLE INC	CCI	$12.2M	124,778	0.06%	flat	22q	+97.5%+$6.0M
SELECT SECTOR SPDR TR	XLE	$12.1M	133,790	0.06%	+0.02pp	18q	+168.0%+$7.6M
STRYKER CORPORATION	SYK	$12.1M	32,919	0.06%	+0.01pp	22q	+125.2%+$6.7M
STRATEGY INC	MSTR	$12.0M	41,622	0.06%	flat	6q	+115.8%+$6.5M
AUTODESK INC	ADSK	$11.9M	62,655	0.06%	+0.05pp	22q	+182.7%+$7.7M
SELECT SECTOR SPDR TR	XLV	$11.9M	84,118	0.06%	flat	22q	+104.6%+$6.1M
PALO ALTO NETWORKS INC	PANW	$11.9M	67,623	0.06%	flat	9q	+105.2%+$6.1M
T-MOBILE US INC	TMUS	$11.9M	48,240	0.06%	+0.01pp	22q	+123.7%+$6.6M
AUTOZONE INC	AZO	$11.8M	3,373	0.06%	flat	17q	+100.1%+$5.9M
ISHARES TR	IWV	$11.8M	36,139	0.06%	flat	9q	+100.6%+$5.9M
BJS WHSL CLUB HLDGS INC	BJ	$11.7M	115,161	0.06%	+0.01pp	9q	+99.4%+$5.8M
VANGUARD WORLD FD	VHT	$11.6M	44,772	0.06%	flat	22q	+111.3%+$6.1M
ALLSTATE CORP	ALL	$11.5M	57,530	0.06%	flat	16q	+96.5%+$5.6M
COPART INC	CPRT	$11.5M	201,615	0.06%	flat	9q	+102.5%+$5.8M
DEERE & CO	DE	$11.5M	25,621	0.06%	flat	22q	+104.8%+$5.9M
LAMB WESTON HLDGS INC	LW	$11.3M	190,599	0.06%	flat	22q	+116.5%+$6.1M
CHECK POINT SOFTWARE TECH LT	CHKP	$11.3M	54,129	0.06%	+0.01pp	9q	+124.1%+$6.3M
FASTENAL CO	FAST	$11.2M	150,214	0.06%	flat	17q	+99.8%+$5.6M
CENCORA INC	COR	$11.2M	73,190	0.06%	-0.02pp	6q	+25.3%+$2.3M
CINCINNATI FINL CORP	CINF	$11.1M	76,003	0.05%	flat	9q	+94.7%+$5.4M
ISHARES TR	USMV	$11.1M	120,765	0.05%	+0.01pp	22q	+133.3%+$6.3M
ISHARES TR	ESGU	$11.1M	115,582	0.05%	-0.02pp	21q	+30.5%+$2.6M
CHURCHILL DOWNS INC	CHDN	$11.0M	90,361	0.05%	-0.01pp	9q	+100.3%+$5.5M
J P MORGAN EXCHANGE TRADED F	HELO	$10.8M	177,321	0.05%	flat	5q	+91.7%+$5.2M
ISHARES TR	DVY	$10.8M	81,519	0.05%	-0.02pp	22q	+55.1%+$3.8M
JOHN HANCOCK EXCHANGE TRADED	JHMD	$10.6M	317,826	0.05%	flat	21q	+94.3%+$5.2M
ISHARES TR	MTUM	$10.6M	51,972	0.05%	flat	22q	+102.3%+$5.4M
PROCORE TECHNOLOGIES INC	PCOR	$10.6M	150,892	0.05%	flat	9q	+102.5%+$5.4M
NXP SEMICONDUCTORS N V	NXPI	$10.6M	53,439	0.05%	flat	9q	+133.9%+$6.0M
NEW YORK LIFE INVTS ACTIVE E	MMIT	$10.5M	439,103	0.05%	-	new	NEW
FIDELITY MERRIMACK STR TR	FBND	$10.5M	231,616	0.05%	flat	21q	+109.6%+$5.5M
J P MORGAN EXCHANGE TRADED F	JPST	$10.5M	207,053	0.05%	flat	8q	+90.9%+$5.0M
ADVISORS INNER CIRCLE FD II	EDGI	$10.4M	436,095	0.05%	-	new	NEW
BLACKROCK ETF TRUST II	BINC	$10.4M	198,657	0.05%	flat	5q	+107.8%+$5.4M
MITSUBISHI UFJ FINANCIAL GRO	MUFG	$10.4M	815,187	0.05%	+0.01pp	9q	+109.2%+$5.4M
WEC ENERGY GROUP INC	WEC	$10.3M	101,888	0.05%	flat	22q	+101.2%+$5.2M
ARGENX SE	ARGX	$10.3M	17,034	0.05%	flat	9q	+105.3%+$5.3M
ALTSHARES TRUST	ARB	$10.2M	366,280	0.05%	flat	13q	+98.8%+$5.1M
HEALTHPEAK PROPERTIES INC	DOC	$10.2M	503,686	0.05%	flat	5q	+104.7%+$5.2M
VANGUARD WHITEHALL FDS	VYM	$10.2M	79,428	0.05%	flat	22q	+118.7%+$5.5M
DELTA AIR LINES INC	DAL	$10.2M	104,325	0.05%	-0.04pp	18q	+26.1%+$2.1M
HUNTINGTON BANCSHARES INC	HBAN	$10.1M	644,977	0.05%	flat	22q	+100.9%+$5.1M
WISDOMTREE TR	DEM	$10.0M	242,415	0.05%	flat	22q	+93.7%+$4.8M
NASDAQ INC	NDAQ	$9.9M	129,566	0.05%	flat	10q	+116.8%+$5.3M
SPDR SERIES TRUST	SHM	$9.9M	208,752	0.05%	flat	21q	+98.3%+$4.9M
AUTOMATIC DATA PROCESSING IN	ADP	$9.9M	33,021	0.05%	+0.01pp	22q	+140.9%+$5.8M
TCW ETF TRUST	VOTE	$9.9M	147,596	0.05%	flat	5q	+104.5%+$5.1M
VANGUARD WORLD FD	VDC	$9.9M	45,185	0.05%	+0.04pp	8q	+1441.1%+$9.2M
ISHARES TR	OEF	$9.8M	35,439	0.05%	+0.02pp	5q	+289.0%+$7.3M
INVESCO EXCH TRADED FD TR II	PXH	$9.7M	461,606	0.05%	flat	22q	+88.9%+$4.6M
AMERICAN ELEC PWR CO INC	AEP	$9.7M	96,258	0.05%	flat	17q	+104.9%+$5.0M
LEIDOS HOLDINGS INC	LDOS	$9.7M	69,645	0.05%	flat	9q	+102.3%+$4.9M
CADENCE DESIGN SYSTEM INC	CDNS	$9.6M	34,741	0.05%	flat	14q	+98.0%+$4.8M
SSGA ACTIVE ETF TR	TOTL	$9.6M	242,239	0.05%	flat	21q	+88.6%+$4.5M
INVESCO EXCHANGE TRADED FD T	SPHQ	$9.6M	144,581	0.05%	flat	18q	+99.1%+$4.8M
BLACKSTONE INC	BX	$9.6M	61,971	0.05%	flat	15q	+108.6%+$5.0M
KENVUE INC	KVUE	$9.6M	424,225	0.05%	flat	7q	+105.2%+$4.9M
CHIPOTLE MEXICAN GRILL INC	CMG	$9.6M	174,861	0.05%	flat	11q	+110.5%+$5.0M
STIFEL FINL CORP	SF	$9.6M	95,985	0.05%	flat	9q	+102.0%+$4.9M
VANGUARD SCOTTSDALE FDS	VONG	$9.6M	98,146	0.05%	flat	3q	+113.4%+$5.1M
WILLIAMS SONOMA INC	WSM	$9.6M	55,423	0.05%	-0.01pp	9q	+83.6%+$4.4M
DBX ETF TR	SHYL	$9.5M	213,446	0.05%	flat	15q	+99.8%+$4.8M
AERCAP HOLDINGS NV	AER	$9.5M	95,590	0.05%	flat	9q	+108.8%+$4.9M
ALLISON TRANSMISSION HLDGS I	ALSN	$9.5M	92,605	0.05%	flat	9q	+93.7%+$4.6M
SELECT SECTOR SPDR TR	XLP	$9.4M	119,668	0.05%	-0.04pp	22q	+12.8%+$1.1M
SPDR SERIES TRUST	SPAB	$9.4M	372,070	0.05%	flat	21q	+108.0%+$4.9M
TRAVELERS COMPANIES INC	TRV	$9.3M	36,876	0.05%	flat	9q	+97.6%+$4.6M
BECTON DICKINSON & CO	BDX	$9.3M	40,730	0.05%	+0.01pp	17q	+152.2%+$5.6M
USCF ETF TR	SDCI	$9.2M	438,392	0.05%	+0.04pp	6q	+1395.6%+$8.6M
POOL CORP	POOL	$9.2M	28,003	0.05%	flat	9q	+99.3%+$4.6M
M & T BK CORP	MTB	$9.2M	49,955	0.05%	flat	8q	+105.3%+$4.7M
GENUINE PARTS CO	GPC	$9.1M	77,546	0.05%	flat	22q	+104.8%+$4.7M
ALCON AG	ALC	$9.1M	102,190	0.05%	flat	9q	+82.2%+$4.1M
SCHWAB STRATEGIC TR	FNDE	$9.1M	303,683	0.04%	flat	22q	+92.1%+$4.4M
SHELL PLC	SHEL	$9.1M	132,919	0.04%	+0.01pp	13q	+111.0%+$4.8M
FIRST TR EXCHANGE-TRADED FD	RDVY	$9.0M	152,812	0.04%	+0.01pp	14q	+138.3%+$5.2M
US BANCORP	USB	$9.0M	196,501	0.04%	-0.01pp	22q	+66.2%+$3.6M
AIRBNB INC	ABNB	$8.9M	71,087	0.04%	flat	15q	+103.6%+$4.5M
THOMSON REUTERS CORP	TRIXXXX	$8.9M	53,557	0.04%	flat	8q	+82.8%+$4.0M
EMERSON ELEC CO	EMR	$8.8M	76,849	0.04%	+0.01pp	22q	+161.5%+$5.5M
FIRST TR EXCHANGE-TRADED FD	FTCB	$8.8M	424,327	0.04%	+0.01pp	2q	+129.7%+$5.0M
OTIS WORLDWIDE CORP	OTIS	$8.8M	90,231	0.04%	flat	10q	+95.4%+$4.3M
ALLIANT ENERGY CORP	LNT	$8.8M	141,965	0.04%	flat	14q	+106.5%+$4.5M
COMFORT SYS USA INC	FIX	$8.8M	23,476	0.04%	-0.01pp	9q	+101.4%+$4.4M
ING GROEP N.V.	ING	$8.7M	497,040	0.04%	flat	9q	+96.2%+$4.3M
MICRON TECHNOLOGY INC	MU	$8.7M	102,059	0.04%	flat	18q	+111.1%+$4.6M
SPDR SERIES TRUST	SPSB	$8.7M	291,152	0.04%	flat	3q	+90.0%+$4.1M
APTUS COLLARED INV	ACIO	$8.7M	220,599	0.04%	-0.01pp	5q	+81.6%+$3.9M
FIRST CTZNS BANCSHARES INC D	FCNCA	$8.7M	4,390	0.04%	flat	9q	+100.6%+$4.4M
ISHARES TR	IWS	$8.7M	67,651	0.04%	-0.03pp	22q	+23.7%+$1.7M
GE HEALTHCARE TECHNOLOGIES I	GEHC	$8.7M	109,056	0.04%	+0.01pp	9q	+173.0%+$5.5M
BERKSHIRE HATHAWAY INC DEL	BRKA	$8.7M	11	0.04%	+0.04pp	21q	+1000.0%+$7.9M
PRUDENTIAL FINL INC	PRU	$8.7M	75,320	0.04%	flat	22q	+112.0%+$4.6M
AMDOCS LTD	DOX	$8.6M	98,046	0.04%	flat	12q	+94.1%+$4.2M
WILLIAMS COS INC	WMB	$8.6M	150,165	0.04%	+0.01pp	17q	+143.2%+$5.1M
ISHARES TR	TLH	$8.6M	83,554	0.04%	+0.02pp	13q	+327.9%+$6.6M
PINNACLE FINL PARTNERS INC	PNFP	$8.5M	77,554	0.04%	flat	9q	+98.9%+$4.3M
CLOROX CO DEL	CLX	$8.5M	54,713	0.04%	-0.01pp	11q	+80.7%+$3.8M
COLGATE PALMOLIVE CO	CL	$8.5M	91,779	0.04%	flat	22q	+98.5%+$4.2M
KROGER CO	KR	$8.4M	128,077	0.04%	+0.01pp	16q	+192.6%+$5.5M
ARES CAPITAL CORP	ARCC	$8.4M	380,274	0.04%	flat	9q	+97.2%+$4.1M
TRUIST FINL CORP	TFC	$8.4M	197,803	0.04%	flat	22q	+97.9%+$4.1M
AMERIPRISE FINL INC	AMP	$8.3M	16,413	0.04%	flat	17q	+100.9%+$4.2M

Showing the largest 400 of 2,010 positions.

By sector

Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.

Sector	Value	Share
Software & IT Services	$1.1B	5.3%
Business Services	$753.7M	3.7%
Insurance	$746.0M	3.7%
Retail & Consumer	$740.9M	3.7%
Semiconductors & Electronics	$685.5M	3.4%
Biotech & Pharma	$572.6M	2.8%
Banks & Lending	$491.3M	2.4%
Chemicals	$344.9M	1.7%
Computer Hardware	$311.7M	1.5%
Funds & ETFs	$304.3M	1.5%
Other sectors	$2.8B	14.1%
Not classified	$11.4B	56.2%

Quarter by quarter

Quarter	Value	Positions	New	Added	Trimmed	Exited	Top 10	Days to file
Q1 2025	$20.2B	2,010	193	1,684	0	0	21.8%	44
Q4 2024	$10.0B	1,817	158	755	823	117	23.9%	43
Q3 2024	$10.0B	1,776	161	684	845	96	23.6%	46
Q2 2024	$9.5B	1,711	157	684	775	127	24.7%	44
Q1 2024	$9.3B	1,681	131	638	823	99	23.8%	39
Q4 2023	$8.6B	1,649	174	436	970	134	21.8%	40
Q3 2023	$8.3B	1,609	84	461	972	94	22.1%	32
Q2 2023	$9.4B	1,619	150	634	743	86	22.8%	48
Q1 2023	$8.1B	1,555	834	619	78	74	25.2%	152
Q4 2022	$2.9B	795	128	460	186	48	43.0%	39
Q3 2022	$2.5B	715	88	402	189	50	47.0%	40
Q2 2022	$2.5B	677	63	273	310	77	48.5%	14
Q1 2022	$2.8B	691	74	313	272	75	48.7%	49
Q4 2021	$3.0B	692	89	363	198	34	50.4%	40
Q3 2021	$2.7B	637	83	341	185	59	49.9%	41
Q2 2021	$2.5B	613	98	290	188	33	50.6%	36
Q1 2021	$2.3B	548	77	271	171	23	51.0%	47
Q4 2020	$2.1B	494	75	192	196	21	48.9%	35
Q3 2020	$1.9B	440	14	235	165	1,728	51.3%	44
Q2 2020	$1.8B	2,154	444	857	596	157	50.5%	50
Q1 2020	$1.5B	1,867	440	687	598	366	54.1%	45
Q4 2019	$1.3B	1,793	0	0	0	0	41.7%	45

Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.

Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.

Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.