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Asset Manager ← All Institutions

Richard Bernstein Advisors LLC

1251 AVENUE OF THE AMERICAS SUITE 4102, NEW YORK, NY 10020 • 212-692-4000

Q3 2025 · Filed 2025-11-13
Market Value
$3.5B
-13.5%
Holdings
213
-37
New Purchases
1
Added To
4
Closed
9
Reduced
197
Top 10 Concentration
71.6%
Turnover
4.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IQLT 13.33% 9.74% +3.59% $467M
PZA 2.03% 0.00% +2.03% $71M
FTEC 8.88% 6.84% +2.03% $311M
VTV 8.99% 7.62% +1.36% $315M
EMXC 5.57% 4.51% +1.06% $195M
SPTI 6.62% 5.86% +0.76% $232M
SPTS 5.94% 5.26% +0.68% $208M
SDY 4.12% 3.60% +0.51% $144M
IXJ 3.35% 2.87% +0.48% $117M
XLC 2.28% 1.90% +0.37% $80M
BAR 2.46% 2.18% +0.29% $86M
FDIS 1.44% 1.18% +0.27% $51M
JMBS 11.68% 11.42% +0.26% $410M
XLU 1.36% 1.12% +0.24% $48M
XLP 1.60% 1.49% +0.11% $56M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TLH 3.17% 4.28% -1.11% $111M
XLF 1.88% 2.70% -0.82% $66M
MSFT 0.84% 1.50% -0.66% $29M
EXI 1.18% 1.80% -0.61% $42M
NVDA 1.04% 1.64% -0.60% $36M
INDA 0.00% 0.59% -0.59% $0
EWT 0.00% 0.54% -0.54% $0
AAPL 0.86% 1.30% -0.45% $30M
AMZN 0.46% 0.87% -0.41% $16M
META 0.36% 0.67% -0.31% $13M
EWY 0.00% 0.30% -0.30% $0
AVGO 0.33% 0.51% -0.18% $12M
LLY 0.14% 0.29% -0.14% $5M
JPM 0.20% 0.34% -0.14% $7M
BSX 0.12% 0.25% -0.13% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 88.6%
Industrials 3.2%
Technology 3.2%
Healthcare 1.0%
Communication Services 1.0%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 41 $575M 16.4%
Large Cap 147 $1.9B 55.3%
Mid Cap 16 $813M 23.2%
Small Cap 7 $179M 5.1%
Micro Cap 2 $194K 0.0%

Portfolio Analytics

Avg Market Cap
$255.8B
Median Market Cap
$58.1B
Avg P/E
31.9
Median P/E
25.5
Avg Dividend Yield
0.02%
Avg Beta
0.88
# Stocks
165
# ETFs / Funds
48

Top Holdings (213 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IQLT 13.33% 10,533,655 $467M $44.37 $73M +1,399,534 +15.3%
2 JMBS 11.68% 8,951,956 $410M $45.77 -$53M -1,323,021 -12.9%
3 VTV 8.99% 1,692,463 $315M $186.17 $6M -55,308 -3.2%
4 FTEC 8.88% 1,362,189 $311M $228.48 $34M -44,286 -3.1%
5 SPTI 6.62% 8,024,019 $232M $28.93 -$5M -224,145 -2.7%
6 SPTS 5.94% 7,103,678 $208M $29.32 -$5M -179,127 -2.5%
7 EMXC 5.57% 2,831,289 $195M $68.98 $12M -64,188 -2.2%
8 SDY 4.12% 1,039,379 $144M $138.88 -$2M -35,958 -3.3%
9 IXJ 3.35% 1,308,385 $117M $89.69 $1M -40,778 -3.0%
10 TLH 3.17% 1,074,047 $111M $103.38 -$62M -633,417 -37.1%
11 BAR 2.46% 2,230,019 $86M $38.73 -$2M -473,339 -17.5%
12 XLC 2.28% 683,791 $80M $116.83 $3M -27,239 -3.8%
13 PZA 2.03% 3,071,002 $71M $23.22 +3,071,002 NEW
14 XLF 1.88% 1,226,089 $66M $53.85 -$44M -866,069 -41.4%
15 XLP 1.60% 724,175 $56M $77.46 -$4M -20,625 -2.8%
16 FDIS 1.44% 492,170 $51M $102.80 $3M -14,028 -2.8%
17 XLU 1.36% 541,973 $48M $88.01 $2M -15,520 -2.8%
18 EXI 1.18% 240,338 $42M $172.78 -$31M -199,561 -45.4%
19 NVDA 1.04% 194,630 $36M $186.58 -$30M -226,170 -53.8%
20 AAPL 0.86% 118,196 $30M $254.63 -$23M -139,413 -54.1%
21 MSFT 0.84% 56,563 $29M $517.95 -$31M -65,321 -53.6%
22 AMZN 0.46% 73,947 $16M $219.57 -$19M -86,905 -54.0%
23 QUAL 0.38% 68,090 $13M $194.50 $834K +211 +0.3%
24 META 0.36% 17,327 $13M $734.38 -$15M -19,641 -53.1%
25 AVGO 0.33% 35,578 $12M $329.91 -$9M -39,919 -52.9%
26 GOOGL 0.32% 46,785 $11M $243.10 -$6M -50,737 -52.0%
27 TSLA 0.28% 22,129 $10M $444.72 -$5M -26,064 -54.1%
28 GOOG 0.28% 40,289 $10M $243.55 -$5M -42,335 -51.2%
29 JPM 0.20% 22,432 $7M $315.43 -$7M -24,669 -52.4%
30 BRK-B 0.17% 11,514 $6M $502.74 -$6M -12,116 -51.3%
31 ITA 0.15% 25,090 $5M $209.43 $315K -1,096 -4.2%
32 WMT 0.15% 50,903 $5M $103.06 -$6M -63,977 -55.7%
33 LLY 0.14% 6,648 $5M $763.00 -$7M -8,397 -55.8%
34 GE 0.14% 15,972 $5M $300.82 -$4M -17,305 -52.0%
35 JNJ 0.12% 23,291 $4M $185.42 -$3M -26,754 -53.5%
36 BSX 0.12% 42,704 $4M $97.63 -$6M -51,186 -54.5%
37 KO 0.10% 54,528 $4M $66.32 -$4M -54,106 -49.8%
38 SPGI 0.10% 7,298 $4M $486.71 -$5M -8,587 -54.1%
39 PM 0.10% 21,394 $3M $162.20 -$5M -24,926 -53.8%
40 ABT 0.10% 24,998 $3M $133.94 -$4M -31,556 -55.8%
41 MKL 0.10% 1,751 $3M $1,911.36 -$4M -1,764 -50.2%
42 AIG 0.09% 42,289 $3M $78.54 -$3M -31,282 -42.5%
43 HWM 0.09% 16,873 $3M $196.23 -$3M -14,421 -46.1%
44 MO 0.09% 49,604 $3M $66.06 -$3M -59,195 -54.4%
45 BAC 0.09% 62,873 $3M $51.59 -$2M -56,684 -47.4%
46 ETN 0.09% 8,351 $3M $374.25 -$4M -11,040 -56.9%
47 ABBV 0.09% 13,362 $3M $231.54 -$3M -19,310 -59.1%
48 MCK 0.09% 3,930 $3M $772.54 -$3M -3,856 -49.5%
49 ABC 0.08% 9,338 $3M $312.53 -$4M -12,308 -56.9%
50 GD 0.08% 8,518 $3M $341.00 -$3M -10,416 -55.0%
51 CEG 0.08% 8,761 $3M $329.07 -$4M -13,593 -60.8%
52 PEP 0.08% 20,282 $3M $140.44 -$3M -22,333 -52.4%
53 VICI 0.08% 86,681 $3M $32.61 -$4M -109,222 -55.8%
54 CVX 0.08% 18,023 $3M $155.29 -$1M -8,949 -33.2%
55 UNH 0.08% 8,060 $3M $345.30 -$4M -12,100 -60.0%
56 XOM 0.08% 23,807 $3M $112.75 -$854K -9,011 -27.5%
57 NOC 0.08% 4,335 $3M $609.32 -$2M -4,321 -49.9%
58 WFC 0.07% 31,230 $3M $83.82 -$3M -37,940 -54.9%
59 CAT 0.07% 5,483 $3M $477.15 -$3M -7,885 -59.0%
60 GILD 0.07% 23,448 $3M $111.00 -$3M -26,942 -53.5%
61 EXC 0.07% 56,386 $3M $45.01 -$3M -65,286 -53.7%
62 FE 0.07% 55,002 $3M $45.82 -$2M -63,821 -53.7%
63 PPL 0.07% 67,645 $3M $37.16 -$2M -73,444 -52.1%
64 CCEP 0.07% 27,670 $3M $90.41 -$3M -30,175 -52.2%
65 GEV 0.07% 4,065 $2M $614.90 -$2M -4,223 -51.0%
66 IBM 0.07% 8,830 $2M $282.16 -$3M -8,748 -49.8%
67 CL 0.07% 30,968 $2M $79.94 -$4M -36,843 -54.3%
68 AM 0.07% 126,248 $2M $19.44 -$2M -100,816 -44.4%
69 KMB 0.07% 19,430 $2M $124.34 -$3M -23,037 -54.2%
70 PG 0.07% 15,633 $2M $153.65 -$3M -18,146 -53.7%
71 UBER 0.07% 24,338 $2M $97.97 -$3M -33,624 -58.0%
72 BKNG 0.07% 439 $2M $5,399.27 -$3M -439 -50.0%
73 AMD 0.06% 14,048 $2M $161.79 -$1M -11,150 -44.2%
74 MA 0.06% 3,958 $2M $568.81 -$3M -5,489 -58.1%
75 TRGP 0.06% 13,216 $2M $167.54 -$486K -2,293 -14.8%
76 AXP 0.06% 6,666 $2M $332.16 -$2M -5,203 -43.8%
77 ANET 0.06% 15,108 $2M $145.71 -$1M -18,008 -54.4%
78 ETR 0.06% 23,586 $2M $93.19 -$2M -25,674 -52.1%
79 GLW 0.06% 26,723 $2M $82.03 -$697K -28,215 -51.4%
80 WDC 0.06% 18,160 $2M $120.06 -$334K -21,131 -53.8%
81 GEHC 0.06% 28,831 $2M $75.10 -$3M -34,267 -54.3%
82 PCG 0.06% 140,681 $2M $15.08 -$2M -172,561 -55.1%
83 CAH 0.06% 13,422 $2M $156.96 -$2M -10,984 -45.0%
84 RTX 0.06% 12,452 $2M $167.33 -$2M -12,849 -50.8%
85 MDLZ 0.06% 33,331 $2M $62.47 -$3M -35,601 -51.6%
86 FOX 0.06% 35,876 $2M $57.29 -$2M -40,001 -52.7%
87 ISRG 0.06% 4,531 $2M $447.23 -$3M -3,985 -46.8%
88 LIN 0.06% 4,261 $2M $475.00 -$2M -5,019 -54.1%
89 APG 0.06% 58,204 $2M $34.37 -$1M -8,127 -12.2%
90 V 0.06% 5,777 $2M $341.38 -$1M -3,090 -34.9%
91 HLI 0.06% 9,459 $2M $205.32 -$2M -13,836 -59.4%
92 JCI 0.06% 17,556 $2M $109.95 -$2M -21,310 -54.8%
93 MDT 0.05% 20,209 $2M $95.24 -$3M -32,534 -61.7%
94 VST 0.05% 9,823 $2M $195.92 -$2M -9,807 -50.0%
95 PCAR 0.05% 19,548 $2M $98.32 -$2M -23,706 -54.8%
96 HD 0.05% 4,625 $2M $405.19 -$2M -5,059 -52.2%
97 CSCO 0.05% 27,188 $2M $68.42 -$2M -28,706 -51.4%
98 HIG 0.05% 13,860 $2M $133.39 -$2M -15,655 -53.0%
99 T 0.05% 65,440 $2M $28.24 -$2M -75,528 -53.6%
100 ACT 0.05% 47,758 $2M $38.34 -$2M -42,162 -46.9%

New Positions

SymbolValue% Port
PZA $71M 2.03%

Sold Out Positions

SymbolValue% Port
UPS —%
CNC —%
DOW —%
INDA —%
EWT —%
AGG —%
ACWV —%
XLV —%
EWY —%
View SEC EDGAR Filings for Richard Bernstein Advisors LLC →

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