# ADVISOR PARTNERS II, LLC

> Institutional holdings reported to the SEC as of Q3 2023 on Form 13F. CIK 1954015. Source: https://holderbook.com/funds/1954015-advisor-partners-ii-llc/

- Reported value: $2.5B
- Positions: 1,252
- Weight of the ten largest: 21.9%
- Filed: 2023-10-26

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 |
|---|---|---|---|---|---|
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $143.5M | 838,129 | 5.8% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $117.9M | 373,258 | 4.7% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $61.3M | 140,860 | 2.5% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $46.7M | 367,604 | 1.9% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $31.7M | 240,738 | 1.3% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $31.3M | 104,094 | 1.3% | 5 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $29.8M | 59,014 | 1.2% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $29.5M | 225,133 | 1.2% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $28.9M | 82,533 | 1.2% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $26.6M | 49,580 | 1.1% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $26.5M | 182,619 | 1.1% | 5 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $21.9M | 87,462 | 0.9% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $21.0M | 48,935 | 0.8% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $20.9M | 133,892 | 0.8% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $20.3M | 88,355 | 0.8% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $20.2M | 171,611 | 0.8% | 5 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $19.4M | 49,025 | 0.8% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $17.8M | 122,188 | 0.7% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $17.1M | 56,530 | 0.7% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $16.3M | 19,616 | 0.7% | 5 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $15.6M | 151,950 | 0.6% | 5 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $14.6M | 260,238 | 0.6% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $14.3M | 25,255 | 0.6% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $13.7M | 129,694 | 0.6% | 5 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $12.9M | 34,101 | 0.5% | 5 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $12.7M | 75,216 | 0.5% | 5 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $12.7M | 24,856 | 0.5% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $12.3M | 82,528 | 0.5% | 5 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $12.2M | 275,519 | 0.5% | 5 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $12.0M | 75,208 | 0.5% | 5 |
| DIMENSIONAL ETF TRUST | [DFUV](https://holderbook.com/stocks/DFUV/) | $11.7M | 342,907 | 0.5% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $11.1M | 66,078 | 0.4% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $11.1M | 205,956 | 0.4% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $10.2M | 38,740 | 0.4% | 5 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $10.1M | 231,073 | 0.4% | 5 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $9.8M | 108,039 | 0.4% | 5 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $9.7M | 65,043 | 0.4% | 2 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $9.4M | 30,677 | 0.4% | 5 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $9.3M | 18,419 | 0.4% | 5 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $9.1M | 24,418 | 0.4% | 3 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $9.1M | 331,424 | 0.4% | 5 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $8.6M | 16,904 | 0.3% | 5 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $8.3M | 22,752 | 0.3% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $8.2M | 30,523 | 0.3% | 5 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $8.2M | 79,648 | 0.3% | 5 |
| BLACKROCK MUNICIPAL INCOME | [MUI](https://holderbook.com/stocks/MUI/) | $8.2M | 803,637 | 0.3% | 1 |
| BLACKROCK CAP ALLOCATION TER | [BCAT](https://holderbook.com/stocks/BCAT/) | $8.0M | 549,792 | 0.3% | 1 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $7.9M | 49,591 | 0.3% | 5 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $7.7M | 37,882 | 0.3% | 5 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $7.6M | 30,713 | 0.3% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $7.4M | 14 | 0.3% | 5 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $7.1M | 35,117 | 0.3% | 5 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $7.0M | 72,619 | 0.3% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $7.0M | 211,624 | 0.3% | 5 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $6.9M | 169,712 | 0.3% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $6.9M | 25,319 | 0.3% | 5 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $6.9M | 71,692 | 0.3% | 5 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $6.7M | 34,430 | 0.3% | 3 |
| ISHARES TR | [TLH](https://holderbook.com/stocks/TLH/) | $6.7M | 68,416 | 0.3% | 2 |
| METLIFE INC | [MET](https://holderbook.com/stocks/MET/) | $6.6M | 104,706 | 0.3% | 5 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $6.5M | 75,008 | 0.3% | 5 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $6.4M | 46,374 | 0.3% | 5 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $6.4M | 53,446 | 0.3% | 5 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $6.3M | 30,347 | 0.3% | 5 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $6.2M | 69,682 | 0.2% | 5 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $6.1M | 32,978 | 0.2% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $6.1M | 64,399 | 0.2% | 3 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $6.0M | 104,732 | 0.2% | 5 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $5.8M | 24,285 | 0.2% | 5 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $5.7M | 62,107 | 0.2% | 5 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $5.7M | 29,906 | 0.2% | 5 |
| VIRTUS DIVIDEND INTEREST & P | [NFJ](https://holderbook.com/stocks/NFJ/) | $5.6M | 497,556 | 0.2% | 1 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $5.6M | 96,575 | 0.2% | 5 |
| BLACKROCK ESG CAP ALLC TERM | [ECAT](https://holderbook.com/stocks/ECAT/) | $5.6M | 378,236 | 0.2% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $5.5M | 12,716 | 0.2% | 5 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $5.5M | 15,732 | 0.2% | 5 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $5.5M | 59,798 | 0.2% | 5 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $5.4M | 77,651 | 0.2% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VSS](https://holderbook.com/stocks/VSS/) | $5.3M | 50,270 | 0.2% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $5.3M | 150,127 | 0.2% | 5 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $5.3M | 35,372 | 0.2% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $5.2M | 64,125 | 0.2% | 5 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $5.2M | 230,605 | 0.2% | 5 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $5.2M | 26,961 | 0.2% | 5 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $5.1M | 13,605 | 0.2% | 5 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $5.1M | 32,591 | 0.2% | 5 |
| ABRDN TOTAL DYNAMIC DIVIDEND | [AOD](https://holderbook.com/stocks/AOD/) | $5.0M | 662,144 | 0.2% | 1 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $5.0M | 32,871 | 0.2% | 5 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $4.9M | 44,069 | 0.2% | 5 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $4.9M | 11,890 | 0.2% | 5 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $4.8M | 17,410 | 0.2% | 5 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $4.8M | 16,616 | 0.2% | 5 |
| NUVEEN MUN CR INCOME FD | [NZF](https://holderbook.com/stocks/NZF/) | $4.7M | 454,245 | 0.2% | 1 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $4.7M | 16,713 | 0.2% | 5 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $4.7M | 45,611 | 0.2% | 1 |
| ALLIANCEBERNSTEIN NATL MUN I | [AFB](https://holderbook.com/stocks/AFB/) | $4.7M | 500,050 | 0.2% | 1 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $4.7M | 41,955 | 0.2% | 5 |
| MATADOR RES CO | [MTDR](https://holderbook.com/stocks/MTDR/) | $4.7M | 78,312 | 0.2% | 5 |
| MARATHON OIL CORP | [MRO](https://holderbook.com/stocks/MRO/) | $4.7M | 173,851 | 0.2% | 5 |
| ISHARES TR | [SHYG](https://holderbook.com/stocks/SHYG/) | $4.6M | 112,568 | 0.2% | 4 |

## 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 2023 | -3.1% | -3.6% | +0.4% | 100% |
| Q2 2023 | +7.6% | +8.3% | -0.7% | 100% |
| Q1 2023 | +5.6% | +7.0% | -1.4% | 100% |
| Q4 2022 | +8.0% | +7.1% | +1.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2023 | $2.5B | 1,252 |
| Q2 2023 | $2.1B | 1,081 |
| Q1 2023 | $1.8B | 1,002 |
| Q4 2022 | $1.6B | 935 |
| Q3 2022 | $1.3B | 831 |