Level Four Advisory Services

DALLAS, TXfiles as LEVEL FOUR ADVISORY SERVICES, LLC

$3.5bn in 935 US stocks at the end of 30 June 2026. The top 10 are 21.2% of the money. It changed about 9.5% of the portfolio this quarter.

Value

$3.5bn

Stocks

935

Top 10 share

21.2%

Turnover

9.5%

What changed this quarter

New

Bought for the first time this quarter.

World Gold TRGLDM
0.1% of the fund
American Centy ETF TRAVDV
0.1% of the fund
ON SemiconductorON
0.1% of the fund
Schwab Strategic TRFNDF
<0.1% of the fund
Spdr Series TrustMDYG
<0.1% of the fund
First TR Exchange Traded FDFTXL
<0.1% of the fund
Space Exploration TechnologiesSPCX
<0.1% of the fund
Vanguard Instl Index FDVBIL
<0.1% of the fund
Dimensional ETF TrustDISV
<0.1% of the fund
A10 NetworksATEN
<0.1% of the fund
AARAIR
<0.1% of the fund
Ishares TRSOXX
<0.1% of the fund
Cerebras SystemsCBRS
<0.1% of the fund
e.l.f. BeautyELF
<0.1% of the fund
Commvault SystemsCVLT
<0.1% of the fund
Schwab Strategic TRFNDX
<0.1% of the fund
FedEx Freight Holding CompanyFDXF
<0.1% of the fund
Onespaworld HoldingsOSW
<0.1% of the fund
ARM HoldingsARM
<0.1% of the fund
Archer-Daniels-MidlandADM
<0.1% of the fund
AgilysysAGYS
<0.1% of the fund
Jacobs SolutionsJ
<0.1% of the fund
Palomar HoldingsPLMR
<0.1% of the fund
Capital GRP Fixed Incm ETF TCGHM
<0.1% of the fund
Vaneck ETF TrustREMX
<0.1% of the fund

Added

Bought more of a stock they already held.

Alps ETF TRLGRO
3.0% of the fund
+8%
MicrosoftMSFT
1.9% of the fund
+12%
NvidiaNVDA
1.8% of the fund
+6%
Spdr Series TrustSPYM
1.3% of the fund
+3%
BroadcomAVGO
1.3% of the fund
+3%
AbbVieABBV
1.0% of the fund
+2%
JPMorgan ChaseJPM
0.9% of the fund
+3%
Vaneck ETF TrustSMH
0.8% of the fund
+10%
Pacer FDS TRPTLC
0.6% of the fund
+2%
WalmartWMT
0.6% of the fund
+3%
First TR Exchange Traded FDRDVY
0.5% of the fund
+2%
Vanguard Index FDSVTI
0.5% of the fund
+25%
CaterpillarCAT
0.5% of the fund
+3%
Invesco Exch Traded FD TR IISPMO
0.5% of the fund
+22%
Select Sector Spdr TRXLK
0.5% of the fund
+2%
ETF SER SolutionsDSTL
0.5% of the fund
+3%
Goldman Sachs ETF TRGBIL
0.5% of the fund
+2%
Ishares TRIJH
0.4% of the fund
+3%
Spdr Series TrustSPTI
0.4% of the fund
+3%
Spdr Series TrustSPTL
0.4% of the fund
+7%
Pacer FDS TRCOWZ
0.4% of the fund
+3%
Pgim ETF TRPAAA
0.4% of the fund
+21%
Ishares TREFA
0.3% of the fund
+38%
Schwab Strategic TRSCHD
0.3% of the fund
+37%
Lam ResearchLRCX
0.3% of the fund
+4%

Cut

Sold some of their stake.

Micron TechnologyMU
1.6% of the fund
-6%
T Rowe Price Exchange-TradedTCAF
1.3% of the fund
-7%
Advanced Micro DevicesAMD
0.8% of the fund
-13%
SandiskSNDK
0.7% of the fund
-45%
Ishares TRAGG
0.6% of the fund
-8%
UnitedHealth GroupUNH
0.6% of the fund
-5%
Berkshire HathawayBRK-B
0.4% of the fund
-4%
Spdr Gold TRGLD
0.4% of the fund
-23%
VisaV
0.4% of the fund
-6%
TwilioTWLO
0.4% of the fund
-5%
Applied MaterialsAMAT
0.3% of the fund
-2%
APAAPA
0.3% of the fund
-7%
Novo Nordisk A SNVO
0.3% of the fund
-5%
MerckMRK
0.3% of the fund
-2%
Monolithic Power SystemsMPWR
0.3% of the fund
-4%
RHRH
0.3% of the fund
-10%
MongoDBMDB
0.2% of the fund
-8%
Vanguard Index FDSVB
0.2% of the fund
-24%
Ishares TRIWF
0.2% of the fund
-13%
Phillips 66PSX
0.2% of the fund
-3%
PayPal HoldingsPYPL
0.2% of the fund
-11%
Altria GroupMO
0.2% of the fund
-6%
ServiceNowNOW
0.2% of the fund
-2%
Elevance HealthELV
0.2% of the fund
-3%
J P Morgan Exchange Traded FJEPI
0.2% of the fund
-3%

Sold out

Sold their entire stake.

ExxonMobil HoldingsXOM
-100%
Coterra EnergyCTRA
-100%
Gates IndustrialGTES
-100%
First TR Exchange Traded FDFTXN
-100%
VontierVNT
-100%
Honeywell InternationalHON
-100%
First TR Exchange-Traded FDMISL
-100%
Simplify Exchange Traded FUNPINK
-100%
CelcuityCELC
-100%
First TR Exchange-Traded FDFTRI
-100%
U S Physical TherapyUSPH
-100%
LennarLEN
-100%
Ishares TRISCB
-100%
Ishares Gold Trust MicroIAUM
-100%
FTAI AviationFTAI
-100%
Vital FarmsVITL
-100%
RBB FDTBIL
-100%
Sanofi SASNY
-100%
EnovisENOV
-100%
AXTAXTI
-100%
AdobeADBE
-100%
IsharesRING
-100%
Primoris ServicesPRIM
-100%
Peakstone Realty TrustPKST
-100%
RelxRELX
-100%

Holdings

AppleAAPL
Share
4.0%
Value
$143m
Shares
493,660
Held
Alps ETF TRLGRO
Share
3.0%
Value
$106m
Shares
2,441,170
+8%
Invesco QQQ TRQQQ
Share
2.9%
Value
$104m
Shares
141,765
Held
MicrosoftMSFT
Share
1.9%
Value
$68m
Shares
182,005
+12%
NvidiaNVDA
Share
1.8%
Value
$63m
Shares
312,879
+6%
Amazon.comAMZN
Share
1.7%
Value
$61m
Shares
254,823
Held
Micron TechnologyMU
Share
1.6%
Value
$58m
Shares
50,423
-6%
AlphabetGOOGL
Share
1.5%
Value
$53m
Shares
149,545
Held
Vanguard Index FDSVOO
Share
1.4%
Value
$48m
Shares
70,236
Held
Spdr Series TrustSPYM
Share
1.3%
Value
$48m
Shares
543,471
+3%
T Rowe Price Exchange-TradedTCAF
Share
1.3%
Value
$46m
Shares
1,114,596
-7%
BroadcomAVGO
Share
1.3%
Value
$45m
Shares
120,314
+3%
J P Morgan Exchange Traded FJIRE
Share
1.1%
Value
$39m
Shares
467,614
Held
AbbVieABBV
Share
1.0%
Value
$34m
Shares
135,146
+2%
Wisdomtree TRUSFR
Share
0.9%
Value
$33m
Shares
656,655
Held
Alps ETF TRSMTH
Share
0.9%
Value
$32m
Shares
1,255,537
Held
JPMorgan ChaseJPM
Share
0.9%
Value
$32m
Shares
98,167
+3%
Vaneck ETF TrustMOAT
Share
0.8%
Value
$30m
Shares
283,812
Held
Advanced Micro DevicesAMD
Share
0.8%
Value
$27m
Shares
46,820
-13%
Vaneck ETF TrustSMH
Share
0.8%
Value
$27m
Shares
41,190
+10%
Meta PlatformsMETA
Share
0.7%
Value
$25m
Shares
44,855
Held
SandiskSNDK
Share
0.7%
Value
$24m
Shares
10,722
-45%
KLAKLAC
Share
0.7%
Value
$24m
Shares
80,570
Held
Invesco Exch Traded FD TR IIQQQM
Share
0.6%
Value
$23m
Shares
75,333
Held
Ishares TRAGG
Share
0.6%
Value
$22m
Shares
222,404
-8%
Pacer FDS TRPTLC
Share
0.6%
Value
$22m
Shares
375,782
+2%
UnitedHealth GroupUNH
Share
0.6%
Value
$22m
Shares
51,931
-5%
WalmartWMT
Share
0.6%
Value
$21m
Shares
188,690
+3%
First TR Exchange Traded FDRDVY
Share
0.5%
Value
$19m
Shares
231,642
+2%
CitigroupC
Share
0.5%
Value
$19m
Shares
133,194
Held
AlphabetGOOG
Share
0.5%
Value
$18m
Shares
50,492
Held
Morgan StanleyMS
Share
0.5%
Value
$18m
Shares
84,606
Held
Vanguard Index FDSVTI
Share
0.5%
Value
$17m
Shares
47,230
+25%
CaterpillarCAT
Share
0.5%
Value
$17m
Shares
16,168
+3%
Invesco Exch Traded FD TR IISPMO
Share
0.5%
Value
$17m
Shares
106,491
+22%
Johnson & JohnsonJNJ
Share
0.5%
Value
$17m
Shares
65,905
Held
Select Sector Spdr TRXLK
Share
0.5%
Value
$17m
Shares
87,674
+2%
ETF SER SolutionsDSTL
Share
0.5%
Value
$17m
Shares
276,915
+3%
Goldman Sachs ETF TRGBIL
Share
0.5%
Value
$17m
Shares
165,571
+2%
Texas InstrumentsTXN
Share
0.5%
Value
$16m
Shares
55,116
Held
State STR Spdr S&P 500 ETF TSPY
Share
0.5%
Value
$16m
Shares
21,835
Held
Microchip TechnologyMCHP
Share
0.4%
Value
$15m
Shares
167,864
Held
NextEra EnergyNEE
Share
0.4%
Value
$15m
Shares
173,607
Held
Berkshire HathawayBRK-B
Share
0.4%
Value
$15m
Shares
30,381
-4%
CumminsCMI
Share
0.4%
Value
$15m
Shares
20,883
Held
Ishares TRIVW
Share
0.4%
Value
$15m
Shares
105,839
Held
Spdr Gold TRGLD
Share
0.4%
Value
$14m
Shares
39,261
-23%
Goldman Sachs GroupGS
Share
0.4%
Value
$14m
Shares
14,272
Held
VisaV
Share
0.4%
Value
$14m
Shares
41,307
-6%
Ishares TRIJH
Share
0.4%
Value
$14m
Shares
183,726
+3%
Spdr Series TrustSPTI
Share
0.4%
Value
$14m
Shares
497,633
+3%
Spdr Series TrustSPTL
Share
0.4%
Value
$14m
Shares
537,264
+7%
Pacer FDS TRCOWZ
Share
0.4%
Value
$14m
Shares
226,228
+3%
Pgim ETF TRPAAA
Share
0.4%
Value
$14m
Shares
267,578
+21%
Conagra BrandsCAG
Share
0.4%
Value
$13m
Shares
975,150
Held
SnowflakeSNOW
Share
0.4%
Value
$13m
Shares
50,149
Held
Home DepotHD
Share
0.4%
Value
$13m
Shares
36,170
Held
TwilioTWLO
Share
0.4%
Value
$13m
Shares
61,358
-5%
Costco WholesaleCOST
Share
0.3%
Value
$12m
Shares
13,169
Held
Uber TechnologiesUBER
Share
0.3%
Value
$12m
Shares
168,490
Held
Ishares TREFA
Share
0.3%
Value
$12m
Shares
114,479
+38%
Schwab Strategic TRSCHD
Share
0.3%
Value
$12m
Shares
366,061
+37%
Cisco SystemsCSCO
Share
0.3%
Value
$12m
Shares
98,480
Held
Applied MaterialsAMAT
Share
0.3%
Value
$12m
Shares
15,966
-2%
Lam ResearchLRCX
Share
0.3%
Value
$11m
Shares
26,525
+4%
ConocoPhillipsCOP
Share
0.3%
Value
$11m
Shares
110,040
Held
TeslaTSLA
Share
0.3%
Value
$11m
Shares
26,480
+4%
Vanguard Specialized FundsVIG
Share
0.3%
Value
$11m
Shares
46,551
+3%
Select Sector Spdr TRXLI
Share
0.3%
Value
$11m
Shares
59,454
+20%
Lockheed MartinLMT
Share
0.3%
Value
$11m
Shares
21,578
Held
TJX CompaniesTJX
Share
0.3%
Value
$11m
Shares
71,396
Held
Coca-ColaKO
Share
0.3%
Value
$11m
Shares
132,773
+19%
Southern CompanySO
Share
0.3%
Value
$10m
Shares
109,666
+17%
Invesco Exchange Traded FD TRSP
Share
0.3%
Value
$10m
Shares
48,917
+7%
Pacer FDS TRPTNQ
Share
0.3%
Value
$10m
Shares
117,178
Held
Fidelity Covington TrustFMDE
Share
0.3%
Value
$10m
Shares
255,337
Held
QualcommQCOM
Share
0.3%
Value
$10m
Shares
55,901
Held
First Citizens BancsharesFCNCA
Share
0.3%
Value
$10m
Shares
4,852
Held
ChevronCVX
Share
0.3%
Value
$10m
Shares
60,631
+12%
Vanguard Whitehall FDSVYM
Share
0.3%
Value
$10m
Shares
63,109
+9%
IsharesEMXC
Share
0.3%
Value
$10m
Shares
96,683
+35%
APAAPA
Share
0.3%
Value
$10m
Shares
295,244
-7%
Price T Rowe GroupTROW
Share
0.3%
Value
$10m
Shares
83,813
+2%
Novo Nordisk A SNVO
Share
0.3%
Value
$9m
Shares
197,413
-5%
Vanguard Index FDSVUG
Share
0.3%
Value
$9m
Shares
109,408
+7%
MerckMRK
Share
0.3%
Value
$9m
Shares
73,273
-2%
Monolithic Power SystemsMPWR
Share
0.3%
Value
$9m
Shares
6,809
-4%
ETF SER SolutionsACIO
Share
0.3%
Value
$9m
Shares
202,165
+2%
Palo Alto NetworksPANW
Share
0.3%
Value
$9m
Shares
27,242
Held
Vanguard Index FDSVO
Share
0.3%
Value
$9m
Shares
115,133
+3%
EatonETN
Share
0.3%
Value
$9m
Shares
21,576
Held
Bank of AmericaBAC
Share
0.3%
Value
$9m
Shares
158,765
Held
International Business MachinesIBM
Share
0.3%
Value
$9m
Shares
32,004
Held
AmphenolAPH
Share
0.3%
Value
$9m
Shares
50,697
Held
American Centy ETF TRAVUV
Share
0.3%
Value
$9m
Shares
71,391
+24%
Taiwan Semiconductor ManufacturingTSM
Share
0.3%
Value
$9m
Shares
18,642
+6%
RHRH
Share
0.3%
Value
$9m
Shares
53,935
-10%
Eli LillyLLY
Share
0.3%
Value
$9m
Shares
7,377
+3%
Lamb Weston HoldingsLW
Share
0.2%
Value
$9m
Shares
202,601
Held
McDonald'sMCD
Share
0.2%
Value
$9m
Shares
32,146
Held

Company	Share of fund	Value	Shares	Change
AppleAAPL	4.0%	$143m	493,660	Held
Alps ETF TRLGRO	3.0%	$106m	2,441,170	+8%
Invesco QQQ TRQQQ	2.9%	$104m	141,765	Held
MicrosoftMSFT	1.9%	$68m	182,005	+12%
NvidiaNVDA	1.8%	$63m	312,879	+6%
Amazon.comAMZN	1.7%	$61m	254,823	Held
Micron TechnologyMU	1.6%	$58m	50,423	-6%
AlphabetGOOGL	1.5%	$53m	149,545	Held
Vanguard Index FDSVOO	1.4%	$48m	70,236	Held
Spdr Series TrustSPYM	1.3%	$48m	543,471	+3%
T Rowe Price Exchange-TradedTCAF	1.3%	$46m	1,114,596	-7%
BroadcomAVGO	1.3%	$45m	120,314	+3%
J P Morgan Exchange Traded FJIRE	1.1%	$39m	467,614	Held
AbbVieABBV	1.0%	$34m	135,146	+2%
Wisdomtree TRUSFR	0.9%	$33m	656,655	Held
Alps ETF TRSMTH	0.9%	$32m	1,255,537	Held
JPMorgan ChaseJPM	0.9%	$32m	98,167	+3%
Vaneck ETF TrustMOAT	0.8%	$30m	283,812	Held
Advanced Micro DevicesAMD	0.8%	$27m	46,820	-13%
Vaneck ETF TrustSMH	0.8%	$27m	41,190	+10%
Meta PlatformsMETA	0.7%	$25m	44,855	Held
SandiskSNDK	0.7%	$24m	10,722	-45%
KLAKLAC	0.7%	$24m	80,570	Held
Invesco Exch Traded FD TR IIQQQM	0.6%	$23m	75,333	Held
Ishares TRAGG	0.6%	$22m	222,404	-8%
Pacer FDS TRPTLC	0.6%	$22m	375,782	+2%
UnitedHealth GroupUNH	0.6%	$22m	51,931	-5%
WalmartWMT	0.6%	$21m	188,690	+3%
First TR Exchange Traded FDRDVY	0.5%	$19m	231,642	+2%
CitigroupC	0.5%	$19m	133,194	Held
AlphabetGOOG	0.5%	$18m	50,492	Held
Morgan StanleyMS	0.5%	$18m	84,606	Held
Vanguard Index FDSVTI	0.5%	$17m	47,230	+25%
CaterpillarCAT	0.5%	$17m	16,168	+3%
Invesco Exch Traded FD TR IISPMO	0.5%	$17m	106,491	+22%
Johnson & JohnsonJNJ	0.5%	$17m	65,905	Held
Select Sector Spdr TRXLK	0.5%	$17m	87,674	+2%
ETF SER SolutionsDSTL	0.5%	$17m	276,915	+3%
Goldman Sachs ETF TRGBIL	0.5%	$17m	165,571	+2%
Texas InstrumentsTXN	0.5%	$16m	55,116	Held
State STR Spdr S&P 500 ETF TSPY	0.5%	$16m	21,835	Held
Microchip TechnologyMCHP	0.4%	$15m	167,864	Held
NextEra EnergyNEE	0.4%	$15m	173,607	Held
Berkshire HathawayBRK-B	0.4%	$15m	30,381	-4%
CumminsCMI	0.4%	$15m	20,883	Held
Ishares TRIVW	0.4%	$15m	105,839	Held
Spdr Gold TRGLD	0.4%	$14m	39,261	-23%
Goldman Sachs GroupGS	0.4%	$14m	14,272	Held
VisaV	0.4%	$14m	41,307	-6%
Ishares TRIJH	0.4%	$14m	183,726	+3%
Spdr Series TrustSPTI	0.4%	$14m	497,633	+3%
Spdr Series TrustSPTL	0.4%	$14m	537,264	+7%
Pacer FDS TRCOWZ	0.4%	$14m	226,228	+3%
Pgim ETF TRPAAA	0.4%	$14m	267,578	+21%
Conagra BrandsCAG	0.4%	$13m	975,150	Held
SnowflakeSNOW	0.4%	$13m	50,149	Held
Home DepotHD	0.4%	$13m	36,170	Held
TwilioTWLO	0.4%	$13m	61,358	-5%
Costco WholesaleCOST	0.3%	$12m	13,169	Held
Uber TechnologiesUBER	0.3%	$12m	168,490	Held
Ishares TREFA	0.3%	$12m	114,479	+38%
Schwab Strategic TRSCHD	0.3%	$12m	366,061	+37%
Cisco SystemsCSCO	0.3%	$12m	98,480	Held
Applied MaterialsAMAT	0.3%	$12m	15,966	-2%
Lam ResearchLRCX	0.3%	$11m	26,525	+4%
ConocoPhillipsCOP	0.3%	$11m	110,040	Held
TeslaTSLA	0.3%	$11m	26,480	+4%
Vanguard Specialized FundsVIG	0.3%	$11m	46,551	+3%
Select Sector Spdr TRXLI	0.3%	$11m	59,454	+20%
Lockheed MartinLMT	0.3%	$11m	21,578	Held
TJX CompaniesTJX	0.3%	$11m	71,396	Held
Coca-ColaKO	0.3%	$11m	132,773	+19%
Southern CompanySO	0.3%	$10m	109,666	+17%
Invesco Exchange Traded FD TRSP	0.3%	$10m	48,917	+7%
Pacer FDS TRPTNQ	0.3%	$10m	117,178	Held
Fidelity Covington TrustFMDE	0.3%	$10m	255,337	Held
QualcommQCOM	0.3%	$10m	55,901	Held
First Citizens BancsharesFCNCA	0.3%	$10m	4,852	Held
ChevronCVX	0.3%	$10m	60,631	+12%
Vanguard Whitehall FDSVYM	0.3%	$10m	63,109	+9%
IsharesEMXC	0.3%	$10m	96,683	+35%
APAAPA	0.3%	$10m	295,244	-7%
Price T Rowe GroupTROW	0.3%	$10m	83,813	+2%
Novo Nordisk A SNVO	0.3%	$9m	197,413	-5%
Vanguard Index FDSVUG	0.3%	$9m	109,408	+7%
MerckMRK	0.3%	$9m	73,273	-2%
Monolithic Power SystemsMPWR	0.3%	$9m	6,809	-4%
ETF SER SolutionsACIO	0.3%	$9m	202,165	+2%
Palo Alto NetworksPANW	0.3%	$9m	27,242	Held
Vanguard Index FDSVO	0.3%	$9m	115,133	+3%
EatonETN	0.3%	$9m	21,576	Held
Bank of AmericaBAC	0.3%	$9m	158,765	Held
International Business MachinesIBM	0.3%	$9m	32,004	Held
AmphenolAPH	0.3%	$9m	50,697	Held
American Centy ETF TRAVUV	0.3%	$9m	71,391	+24%
Taiwan Semiconductor ManufacturingTSM	0.3%	$9m	18,642	+6%
RHRH	0.3%	$9m	53,935	-10%
Eli LillyLLY	0.3%	$9m	7,377	+3%
Lamb Weston HoldingsLW	0.2%	$9m	202,601	Held
McDonald'sMCD	0.2%	$9m	32,146	Held

Showing the largest 100 of 935.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 30.4% since 30 June 2025.

Where the money is

Technology20.4%

Industrials7.2%

Financial services7.1%

Health care5.1%

Retail & consumer4.9%

Media & telecom3.6%

Everyday goods3.4%

Energy2.4%

Utilities1.6%

Real estate0.8%

Materials0.6%

Other42.9%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.