Location
Blue Bell, PA
Holdings as of
9/30/2025
Date filed
10/22/2025
Form type
13F-HR
Num holdings
734
Total value ($000)
$658,031
Net value change ($000)
+59,508 (9.9%)
New positions
41
Sold out positions
37
Turnover %
0.8%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SPY 11,804 8.0%
GAM 4,625 11.2%
CET 2,786 23.2%
ASA 2,342 58.6%
SPYM 1,719 22.3%
RVT 1,680 22.7%
SCHX 1,326 6.5%
BMEZ 1,290 NEW
SABA 1,210 201.3%
AAPL 1,132 19.4%
Top Reduces (Value $000, Stocks/ETFs)
BTX -1,807 -67.6%
PIONEER MUNICIPAL HIGH INCOME ADVANTAGE FUND, INC. -559 -100.0%
OCTW -431 -10.2%
PIONEER MUNICIPAL HIGH INCOME FUND, INC. -281 -100.0%
Pioneer Municipal High Income Opportunities Fund, Inc. -278 -100.0%
HERZ -275 -54.8%
IWD -246 -41.1%
TBLD -218 -41.4%
JEPI -188 -100.0%
PIMCO CALIFORNIA MUNICIPAL INCOME FUND II -179 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 333 (0.1% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type