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Asset Manager ← All Institutions

Richard W. Paul & Associates, LLC

Q4 2025 · Filed 2026-02-12
Market Value
$301M
+2.8%
Holdings
325
-21
New Purchases
14
Added To
82
Closed
33
Reduced
141
Top 10 Concentration
39.2%
Turnover
14.5%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
VYMI 1.13% 0.17% +0.95% $3M
AGG 5.07% 4.33% +0.74% $15M
VYM 0.72% 0.01% +0.71% $2M
BUFD 0.70% 0.00% +0.70% $2M
EMB 0.65% 0.00% +0.65% $2M
JMBS 0.65% 0.00% +0.65% $2M
BUFR 0.61% 0.05% +0.56% $2M
NCLH 0.49% 0.00% +0.49% $1M
PYLD 2.46% 2.00% +0.46% $7M
FI 0.44% 0.00% +0.44% $1M
APO 0.36% 0.00% +0.36% $1M
ACN 0.48% 0.13% +0.36% $1M
IUSV 5.95% 5.62% +0.33% $18M
D 0.41% 0.17% +0.24% $1M
LULU 0.49% 0.30% +0.18% $1M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
BIL 0.35% 1.62% -1.27% $1M
JEPQ 0.00% 0.80% -0.80% $0
JEPI 0.00% 0.74% -0.74% $0
DSTL 0.00% 0.71% -0.71% $9K
RSP 2.44% 2.97% -0.53% $7M
ROKU 0.00% 0.51% -0.51% $8K
ORCL 0.00% 0.39% -0.38% $8K
IBB 0.00% 0.37% -0.37% $5K
BABA 0.48% 0.79% -0.30% $1M
QQQ 2.30% 2.58% -0.28% $7M
SBUX 0.00% 0.26% -0.26% $3K
INTC 0.00% 0.22% -0.22% $2K
MMM 0.00% 0.22% -0.22% $3K
CRH.L 0.00% 0.19% -0.19% $4K
QQEW 0.38% 0.55% -0.17% $1M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 53 $70M 23.4%
Large Cap 193 $199M 66.0%
Mid Cap 39 $27M 9.1%
Small Cap 28 $5M 1.5%
Micro Cap 12 $142K 0.0%

Portfolio Analytics

Avg Market Cap
$201.7B
Median Market Cap
$47.9B
Avg P/E
34.5
Median P/E
24.7
Avg Dividend Yield
0.02%
Avg Beta
1.02
# Stocks
184
# ETFs / Funds
141

Top Holdings (325 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IUSV 5.95% 174,875 $18M $102.54 $1M +10,057 +6.1%
2 IUSG 5.75% 103,133 $17M $167.94 $931K +3,529 +3.5%
3 AGG 5.07% 152,954 $15M $99.88 $3M +26,419 +20.9%
4 IJR 4.46% 111,693 $13M $120.18 $519K +3,101 +2.9%
5 TLT 3.75% 129,681 $11M $87.16 $191K +5,348 +4.3%
6 IEFA 3.53% 118,909 $11M $89.46 $786K +6,075 +5.4%
7 JPIE 3.46% 225,353 $10M $46.29 $786K +17,516 +8.4%
8 PYLD 2.46% 277,680 $7M $26.68 $2M +59,725 +27.4%
9 RSP 2.44% 38,422 $7M $191.56 -$1M -7,424 -16.2%
10 QQQ 2.30% 11,281 $7M $614.31 -$632K -1,314 -10.4%
11 IEMG 2.00% 89,653 $6M $67.22 $367K +3,802 +4.4%
12 EFA 2.00% 62,630 $6M $96.03 $171K +48 +0.1%
13 AAPL 1.64% 18,136 $5M $271.86 -$33K -1,355 -7.0%
14 IVV 1.56% 6,847 $5M $684.97 $216K +162 +2.4%
15 MSFT 1.50% 9,349 $5M $483.60 -$143K +344 +3.8%
16 IUSB 1.25% 80,586 $4M $46.54 $363K +8,061 +11.1%
17 NVDA 1.23% 19,789 $4M $186.50 -$104K -548 -2.7%
18 SCZ 1.21% 46,973 $4M $77.53 $233K +2,536 +5.7%
19 VYMI 1.13% 37,673 $3M $90.00 $3M +31,747 +535.7%
20 IJH 1.05% 47,873 $3M $66.00 $30K -87 -0.2%
21 EEM 1.03% 56,733 $3M $54.71 -$219K -5,489 -8.8%
22 IAGG 0.79% 47,739 $2M $50.01 $185K +4,754 +11.1%
23 GOOG 0.79% 7,579 $2M $313.78 -$118K -2,670 -26.1%
24 ISTB 0.75% 46,530 $2M $48.75 $235K +4,906 +11.8%
25 FETH 0.73% 74,241 $2M $29.61 -$350K +12,922 +21.1%
26 META 0.73% 3,326 $2M $660.17 $95K +466 +16.3%
27 VYM 0.72% 15,051 $2M $143.52 $2M +14,843 +7136.1%
28 BUFD 0.70% 75,144 $2M $28.24 +75,144 NEW
29 JPM 0.66% 6,157 $2M $322.20 -$1K -136 -2.2%
30 EMB 0.65% 20,431 $2M $96.28 +20,431 NEW
31 JMBS 0.65% 43,003 $2M $45.69 +43,003 NEW
32 AMZN 0.65% 8,417 $2M $230.81 $70K -113 -1.3%
33 MCHI 0.62% 30,908 $2M $60.07 -$349K -2,593 -7.7%
34 BUFR 0.61% 53,706 $2M $34.26 $2M +49,651 +1224.4%
35 BOND 0.60% 19,545 $2M $93.08 $352K +3,831 +24.4%
36 AVGO 0.58% 5,014 $2M $346.08 -$65K -443 -8.1%
37 ULTA 0.57% 2,828 $2M $605.01 $192K +50 +1.8%
38 COIN 0.57% 7,540 $2M $226.14 -$443K +1,176 +18.5%
39 ALGN 0.57% 10,910 $2M $156.15 $157K -1,438 -11.7%
40 XLRE 0.55% 41,131 $2M $40.35 $97K +4,047 +10.9%
41 HYG 0.55% 20,483 $2M $80.63 -$291K -3,442 -14.4%
42 PYPL 0.55% 28,263 $2M $58.38 -$12K +3,472 +14.0%
43 SPLG 0.53% 19,776 $2M $80.22 -$120K -2,010 -9.2%
44 ABBV 0.52% 6,896 $2M $228.50 -$74K -231 -3.2%
45 UPS 0.50% 15,317 $2M $99.19 $252K +150 +1.0%
46 PM 0.50% 9,472 $2M $160.40 $226K +1,498 +18.8%
47 MU 0.50% 5,316 $2M $285.39 -$94K -4,311 -44.8%
48 UNH 0.50% 4,519 $1M $330.12 -$162K -271 -5.7%
49 NCLH 0.49% 66,717 $1M $22.32 +66,717 NEW
50 LULU 0.49% 7,086 $1M $207.81 $582K +2,079 +41.5%
51 BABA 0.48% 9,935 $1M $146.58 -$844K -2,933 -22.8%
52 ACN 0.48% 5,427 $1M $268.28 $1M +3,905 +256.6%
53 VZ 0.48% 35,672 $1M $40.73 $98K +4,842 +15.7%
54 ASML 0.47% 1,324 $1M $1,070.13 -$35K -175 -11.7%
55 NFLX 0.47% 15,091 $1M $93.76 -$158K +13,779 +1050.2%
56 COST 0.47% 1,639 $1M $862.25 $64K +181 +12.4%
57 GOOGL 0.46% 4,463 $1M $313.00 $217K -389 -8.0%
58 LLY 0.45% 1,273 $1M $1,074.75 $301K -125 -8.9%
59 DHR 0.45% 5,958 $1M $228.92 $173K -50 -0.8%
60 AMD 0.45% 6,365 $1M $214.14 $46K -1,775 -21.8%
61 FI 0.44% 19,761 $1M $67.17 $1M +19,741 +98705.0%
62 XLV 0.43% 8,339 $1M $154.80 $108K -163 -1.9%
63 MRK 0.43% 12,160 $1M $105.26 $276K +193 +1.6%
64 D 0.41% 20,847 $1M $58.59 $724K +12,714 +156.3%
65 FSLR 0.41% 4,671 $1M $261.23 -$252K -2,003 -30.0%
66 MA 0.39% 2,080 $1M $570.79 $112K +189 +10.0%
67 IWM 0.39% 4,748 $1M $246.14 -$141K -666 -12.3%
68 QQEW 0.38% 8,135 $1M $142.14 -$468K -3,379 -29.4%
69 JNJ 0.38% 5,476 $1M $206.95 $82K -195 -3.4%
70 VRT 0.37% 6,961 $1M $162.01 -$196K -1,814 -20.7%
71 CVS 0.37% 14,007 $1M $79.36 -$41K -1,288 -8.4%
72 INTU 0.37% 1,672 $1M $662.37 $165K +291 +21.1%
73 APO 0.36% 7,584 $1M $144.76 +7,584 NEW
74 STX 0.36% 3,936 $1M $275.42 -$420K -2,436 -38.2%
75 ZTS 0.36% 8,594 $1M $125.83 $135K +2,129 +32.9%
76 MO 0.36% 18,691 $1M $57.66 $72K +3,463 +22.7%
77 T 0.36% 43,204 $1M $24.84 $82K +8,123 +23.1%
78 JAAA 0.36% 21,173 $1M $50.58 $102K +2,097 +11.0%
79 TGT 0.36% 10,945 $1M $97.75 $280K +2,137 +24.3%
80 BIL 0.35% 11,577 $1M $91.38 -$4M -40,293 -77.7%
81 HD 0.35% 3,066 $1M $344.08 -$61K +312 +11.3%
82 NEE 0.35% 13,009 $1M $80.28 $349K +3,800 +41.3%
83 PFE 0.34% 41,194 $1M $24.90 $38K +2,434 +6.3%
84 QCOM 0.34% 5,970 $1M $171.06 $21K -44 -0.7%
85 CIBR 0.33% 14,109 $1M $71.45 -$86K -284 -2.0%
86 SPY 0.33% 1,475 $1M $681.92 -$106K -194 -11.6%
87 SPGI 0.33% 1,886 $986K $522.57 $227K +327 +21.0%
88 VEA 0.32% 15,637 $977K $62.47 $42K +42 +0.3%
89 WMT 0.32% 8,744 $974K $111.41 $110K +359 +4.3%
90 PG 0.32% 6,792 $973K $143.31 $43K +738 +12.2%
91 CSCO 0.32% 12,560 $968K $77.03 $129K +309 +2.5%
92 QQQM 0.31% 3,744 $947K $252.92 -$369K -1,582 -29.7%
93 ISRG 0.30% 1,619 $917K $566.36 $205K +27 +1.7%
94 XLP 0.29% 11,372 $883K $77.68 $78K +1,098 +10.7%
95 VUG 0.29% 1,785 $871K $487.86 $11K -7 -0.4%
96 BMY 0.27% 15,115 $815K $53.94 $188K +1,196 +8.6%
97 XLK 0.27% 5,589 $805K $143.98 -$429K +1,210 +27.6%
98 JNK 0.26% 8,132 $791K $97.21 -$256K -2,547 -23.9%
99 VTV 0.26% 4,107 $784K $190.99 $32K +70 +1.7%
100 PRU 0.26% 6,809 $769K $112.88 $120K +560 +9.0%

New Positions

SymbolValue% Port
BUFD $2M 0.70%
EMB $2M 0.65%
JMBS $2M 0.65%
NCLH $1M 0.49%
APO $1M 0.36%
STE $438K 0.15%
LIN $374K 0.12%
TOTB.DE $31K 0.01%
CME $16K 0.01%
BMNR $15K —%
PAYX $14K —%
DRLL $11K —%
GIL $4K —%
SCHW $1K —%

Sold Out Positions

SymbolValue% Port
SHV —%
DLR —%
ARE —%
WMB —%
CHD —%
NSC —%
SOLV —%
TTE —%
JEPQ —%
MAR —%
GLPI —%
USHY —%
ORLY —%
CMCSA —%
EWW —%
View SEC EDGAR Filings for Richard W. Paul & Associates, LLC →

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