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STEPHENS INC /AR/

111 CENTER ST, LITTLE ROCK, AR 72201 • 501-377-2000

Q4 2025 · Filed 2026-02-05
Market Value
$7.9B
+2.3%
Holdings
1,307
+14
New Purchases
68
Added To
516
Closed
85
Reduced
527
Top 10 Concentration
20.8%
Turnover
11.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 1.35% 1.03% +0.32% $107M
GOOG 1.30% 1.05% +0.25% $103M
WMT 2.03% 1.84% +0.18% $161M
AAPL 2.87% 2.70% +0.17% $228M
AMZN 1.75% 1.60% +0.14% $139M
GS 0.84% 0.70% +0.14% $67M
NEM 0.38% 0.25% +0.14% $31M
LLY 0.51% 0.38% +0.13% $40M
SCHD 0.59% 0.47% +0.12% $47M
MRK 0.46% 0.34% +0.12% $36M
IOO 0.75% 0.65% +0.11% $60M
OTF 0.10% 0.00% +0.10% $8M
AMGN 0.44% 0.35% +0.09% $35M
TGT 0.10% 0.02% +0.08% $8M
SGOV 0.30% 0.23% +0.08% $24M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 2.20% 2.35% -0.15% $175M
OBDC 0.26% 0.40% -0.14% $21M
CMCSA 0.04% 0.17% -0.13% $3M
ORCL 0.14% 0.26% -0.12% $11M
VTI 2.85% 2.96% -0.11% $226M
EBAY 0.01% 0.12% -0.11% $789K
FJAN 0.24% 0.34% -0.10% $19M
BX 0.58% 0.67% -0.09% $46M
KTOS 0.33% 0.42% -0.09% $26M
META 0.78% 0.86% -0.08% $62M
FFEB 0.24% 0.33% -0.08% $19M
NFLX 0.21% 0.29% -0.08% $17M
T 0.21% 0.28% -0.07% $17M
OWL 0.09% 0.16% -0.07% $7M
PFF 0.20% 0.26% -0.06% $16M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 53.9%
Technology 13.0%
Industrials 6.3%
Consumer Cyclical 5.4%
Consumer Defensive 4.7%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 78 $3.2B 40.4%
Large Cap 678 $3.7B 46.8%
Mid Cap 304 $603M 7.6%
Small Cap 201 $374M 4.7%
Micro Cap 46 $45M 0.6%

Portfolio Analytics

Avg Market Cap
$75.7B
Median Market Cap
$13.8B
Avg P/E
34.3
Median P/E
22.9
Avg Dividend Yield
0.02%
Avg Beta
0.95
# Stocks
810
# ETFs / Funds
498

Top Holdings (1,307 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 AAPL 2.87% 837,578 $228M $272.21 $18M +14,172 +1.7%
2 VTI 2.85% 673,618 $226M $335.27 -$4M -25,852 -3.7%
3 MSFT 2.20% 361,089 $175M $484.42 -$7M +9,423 +2.7%
4 QQQ 2.07% 267,960 $165M $614.31 $9M +9,378 +3.6%
5 WMT 2.03% 1,443,129 $161M $111.42 $18M +55,336 +4.0%
6 NVDA 1.85% 785,792 $147M $186.75 $2M +9,215 +1.2%
7 AVGO 1.76% 402,813 $140M $346.44 $8M +3,357 +0.8%
8 AMZN 1.75% 598,815 $139M $231.32 $14M +33,601 +5.9%
9 SPY 1.69% 196,868 $134M $681.92 $6M +4,522 +2.4%
10 JPM 1.69% 414,791 $134M $322.68 $9M +18,052 +4.5%
11 IWD 1.65% 621,161 $131M $210.37 $3M -7,609 -1.2%
12 IWF 1.52% 255,439 $121M $473.47 $2M +826 +0.3%
13 IWS 1.49% 840,698 $119M $141.07 $755K -2,999 -0.4%
14 GOOGL 1.35% 341,456 $107M $313.18 $27M +12,844 +3.9%
15 GOOG 1.30% 327,473 $103M $314.35 $22M -6,089 -1.8%
16 VTV 1.01% 418,398 $80M $190.99 $5M +15,629 +3.9%
17 IWP 0.95% 549,864 $75M $136.96 -$2M +4,924 +0.9%
18 VOO 0.90% 113,894 $71M $627.13 $7M +9,458 +9.1%
19 VUG 0.86% 139,581 $68M $487.86 $3M +4,392 +3.2%
20 GS 0.84% 76,242 $67M $879.00 $13M +7,995 +11.7%
21 META 0.78% 93,334 $62M $660.77 -$5M +2,367 +2.6%
22 IWV 0.77% 157,056 $61M $386.85 $5M +8,869 +6.0%
23 IOO 0.75% 471,532 $60M $126.67 $10M +53,088 +12.7%
24 VBR 0.71% 267,844 $57M $211.79 $710K -553 -0.2%
25 MA 0.65% 90,926 $52M $570.88 -$149K -593 -0.7%
26 AMLP 0.60% 1,012,846 $48M $47.02 -$3M -71,197 -6.6%
27 SCHD 0.59% 1,708,508 $47M $27.43 $11M +383,398 +28.9%
28 PLTR 0.59% 252,944 $47M $184.69 -$3M -12,112 -4.6%
29 VCSH 0.58% 576,507 $46M $79.73 -$2M -29,281 -4.8%
30 BX 0.58% 296,169 $46M $154.14 -$6M -7,267 -2.4%
31 VONG 0.56% 364,923 $44M $121.75 -$501K -7,940 -2.1%
32 KRUS 0.55% 839,308 $44M $52.33 $682K +111,502 +15.3%
33 V 0.55% 123,415 $43M $350.71 $5M +9,996 +8.8%
34 BIV 0.54% 548,733 $43M $77.88 $6M +78,546 +16.7%
35 XOM 0.53% 350,476 $42M $120.68 $3M +3,424 +1.0%
36 IWR 0.52% 425,152 $41M $96.27 -$180K -634 -0.1%
37 JPST 0.51% 806,296 $41M $50.59 $2M +47,102 +6.2%
38 VO 0.51% 138,968 $40M $290.22 $3M +11,234 +8.8%
39 LLY 0.51% 37,399 $40M $1,077.56 $11M -912 -2.4%
40 SHY 0.51% 485,202 $40M $82.82 -$2M -27,834 -5.4%
41 CVX 0.50% 260,468 $40M $152.64 -$1M -4,357 -1.6%
42 VBK 0.50% 130,633 $39M $302.11 -$838K -4,787 -3.5%
43 JNJ 0.50% 190,028 $39M $207.05 $3M -4,786 -2.5%
44 MOAT 0.49% 375,398 $39M $103.56 $2M +1,699 +0.5%
45 DIA 0.48% 79,639 $38M $480.57 $5M +7,997 +11.2%
46 CSCO 0.47% 484,965 $37M $77.28 $2M -35,674 -6.8%
47 MRK 0.46% 342,140 $36M $105.86 $10M +27,257 +8.7%
48 DUK 0.45% 307,179 $36M $117.32 -$4M -13,480 -4.2%
49 JEPI 0.45% 619,861 $35M $57.24 -$1M -24,207 -3.8%
50 AMGN 0.44% 105,450 $35M $327.92 $8M +9,974 +10.4%
51 VRP 0.43% 1,413,819 $34M $24.33 -$560K -1,501 -0.1%
52 ABBV 0.43% 150,392 $34M $228.49 -$596K -595 -0.4%
53 BRK-B 0.43% 67,901 $34M $503.38 -$989K -1,957 -2.8%
54 APH 0.43% 249,845 $34M $135.14 -$991K -31,002 -11.0%
55 CAT 0.42% 58,243 $33M $572.87 $4M -2,912 -4.8%
56 MLM 0.40% 51,326 $32M $622.66 $3M +5,150 +11.2%
57 IWB 0.40% 85,216 $32M $373.44 $1M +1,844 +2.2%
58 VEA 0.40% 502,121 $31M $62.47 $317K -16,073 -3.1%
59 NEM 0.38% 305,702 $31M $99.85 $11M +78,373 +34.5%
60 IGSB 0.38% 576,009 $30M $52.88 -$4M -70,972 -11.0%
61 VGSH 0.37% 495,967 $29M $58.73 $2M +33,230 +7.2%
62 APO 0.36% 195,641 $28M $144.76 $970K -9,592 -4.7%
63 FTCB 0.34% 1,260,669 $27M $21.23 $824K +43,396 +3.6%
64 LOW 0.34% 110,757 $27M $241.16 -$1M -260 -0.2%
65 IWM 0.33% 107,259 $26M $246.16 $2M +8,402 +8.5%
66 WM 0.33% 119,619 $26M $219.71 -$174K -182 -0.1%
67 BAC 0.33% 477,583 $26M $55.00 $128K -29,094 -5.7%
68 QCOM 0.33% 152,733 $26M $171.94 $849K +278 +0.2%
69 VB 0.33% 101,507 $26M $257.95 -$729K -4,333 -4.1%
70 KTOS 0.33% 339,994 $26M $75.91 -$7M -13,938 -3.9%
71 MDT 0.33% 267,618 $26M $96.38 $101K -2,143 -0.8%
72 FDL 0.31% 548,765 $24M $44.34 $2M +27,399 +5.3%
73 TSLA 0.31% 53,348 $24M $455.78 $608K +40 +0.1%
74 VIG 0.31% 110,610 $24M $219.78 -$16K -2,119 -1.9%
75 SGOV 0.30% 240,655 $24M $100.38 $6M +64,801 +36.9%
76 IAU 0.29% 286,578 $23M $81.17 $1M -17,513 -5.8%
77 KKR 0.29% 181,593 $23M $127.48 -$1M -7,005 -3.7%
78 ARCC 0.29% 1,136,260 $23M $20.23 -$992K -38,562 -3.3%
79 EFA 0.29% 238,672 $23M $96.03 $5M +51,649 +27.6%
80 ET 0.29% 1,381,332 $23M $16.49 -$1M -16,910 -1.2%
81 JCPB 0.29% 477,714 $23M $47.35 $572K +14,037 +3.0%
82 HD 0.28% 63,825 $22M $345.17 -$4M +212 +0.3%
83 MCD 0.27% 70,595 $22M $305.63 $434K +1,025 +1.5%
84 JBHT 0.27% 110,189 $21M $194.81 $6M -2,992 -2.6%
85 KO 0.27% 299,709 $21M $70.75 $983K -1,191 -0.4%
86 IBM 0.26% 70,856 $21M $295.83 $1M +950 +1.4%
87 AGG 0.26% 207,813 $21M $99.88 $2M +20,389 +10.9%
88 OBDC 0.26% 1,665,358 $21M $12.43 -$11M -792,380 -32.2%
89 VOE 0.26% 116,248 $21M $177.37 $743K +2,395 +2.1%
90 USRT 0.26% 360,652 $21M $56.96 $1M +35,324 +10.9%
91 QUAL 0.25% 99,680 $20M $198.62 $196K -1,102 -1.1%
92 FJAN 0.24% 375,135 $19M $51.75 -$7M -156,068 -29.4%
93 EPD 0.24% 605,273 $19M $32.06 -$215K -22,161 -3.5%
94 PEP 0.24% 133,788 $19M $144.58 $20K -3,800 -2.8%
95 FFEB 0.24% 341,275 $19M $56.62 -$6M -119,238 -25.9%
96 WRB 0.24% 274,015 $19M $70.12 -$1M +5,017 +1.9%
97 RTX 0.24% 103,773 $19M $183.93 $2M +293 +0.3%
98 TSM 0.24% 62,033 $19M $304.80 $4M +8,782 +16.5%
99 CGMS 0.24% 682,526 $19M $27.62 $2M +76,839 +12.7%
100 LMT 0.24% 38,412 $19M $486.15 -$753K -503 -1.3%

New Positions

SymbolValue% Port
OTF $8M 0.10%
GUNR $2M 0.02%
IDEV $2M 0.02%
TOTB.DE $2M 0.02%
GRNJ $1M 0.01%
FTRE $879K 0.01%
TBUX $661K 0.01%
FITB $649K 0.01%
Q $590K 0.01%
MPWR $582K 0.01%
SOLS $573K 0.01%
OMC $535K 0.01%
FLO $529K 0.01%
AROC $508K 0.01%
PBR $494K 0.01%

Sold Out Positions

SymbolValue% Port
FLR —%
M —%
HP —%
ARE —%
WTRG —%
TREX —%
EIX —%
MTB —%
ACM —%
SN —%
KD —%
NNN —%
DOCS —%
EFX —%
UL —%
View SEC EDGAR Filings for STEPHENS INC /AR/ →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms