MBA Advisors

HERMITAGE, PAfiles as MBA Advisors LLC

$294m in 164 US stocks at the end of 30 June 2026. The top 10 are 41.8% of the money. It changed about 5.6% of the portfolio this quarter.

Value

$294m

Stocks

164

Top 10 share

41.8%

Turnover

5.6%

What changed this quarter

New

Bought for the first time this quarter.

Nuveen AMT Free Qlty MUNXNEAX
0.4% of the fund
ETF SER SolutionsQTUM
0.1% of the fund
Walt DisneyDIS
0.1% of the fund
HCA HealthcareHCA
0.1% of the fund
CrowdStrike HoldingsCRWD
<0.1% of the fund
Ishares TROEF
<0.1% of the fund
ARK ETF TRARKG
<0.1% of the fund
UnitedHealth GroupUNH
<0.1% of the fund
PNC Financial Services GroupPNC
<0.1% of the fund
BlockXYZ
<0.1% of the fund
Ishares TRIGM
<0.1% of the fund
American ExpressAXP
<0.1% of the fund
PayPal HoldingsPYPL
<0.1% of the fund
Global X FDSAIQ
<0.1% of the fund
CorningGLW
<0.1% of the fund
Vanguard Index FDSVUG
<0.1% of the fund
Dell TechnologiesDELL
<0.1% of the fund
Trane TechnologiesTT
<0.1% of the fund
Applied MaterialsAMAT
<0.1% of the fund
Palantir TechnologiesPLTR
<0.1% of the fund
Eightco HoldingsORBS
<0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard BD Index FDSBIV
6.5% of the fund
+14%
Ishares TRIQLT
5.4% of the fund
+8%
Schwab Strategic TRSCHG
3.9% of the fund
+7%
Wisdomtree TRDGRW
3.9% of the fund
+2%
Schwab Strategic TRSCHD
3.9% of the fund
+6%
Ishares TRSHY
3.9% of the fund
+11%
J P Morgan Exchange Traded FJEPI
3.6% of the fund
+12%
Ishares Gold TRIAU
3.4% of the fund
+8%
Dimensional ETF TrustDFAS
3.3% of the fund
+17%
Ishares TRIDEV
3.0% of the fund
+4%
Dimensional ETF TrustDFAE
2.8% of the fund
+5%
Schwab Strategic TRSCHB
2.1% of the fund
+3%
J P Morgan Exchange Traded FJPST
1.7% of the fund
+5%
Select Sector Spdr TRXLV
1.5% of the fund
+13%
MicrosoftMSFT
0.9% of the fund
+3%
Vanguard Intl Equity Index FVEU
0.8% of the fund
+6%
Vanguard Scottsdale FDSVGSH
0.8% of the fund
+13%
NvidiaNVDA
0.8% of the fund
+8%
Ishares TRTLT
0.7% of the fund
+10%
Ishares TRIVV
0.7% of the fund
+6%
Amazon.comAMZN
0.6% of the fund
+4%
International Business MachinesIBM
0.5% of the fund
+5%
Proshares TRNOBL
0.5% of the fund
+20%
Johnson & JohnsonJNJ
0.5% of the fund
+2%
J P Morgan Exchange Traded FJEPQ
0.5% of the fund
+3%

Cut

Sold some of their stake.

Ishares TRITOT
2.1% of the fund
-3%
Spdr Series TrustBIL
1.0% of the fund
-7%
Ishares TRIVW
0.9% of the fund
-3%
ASML Holding NVASML
0.5% of the fund
-20%
Vanguard BD Index FDSBND
0.5% of the fund
-3%
Schwab Strategic TRSCHM
0.5% of the fund
-47%
Spdr Gold TRGLD
0.4% of the fund
-10%
Vanguard Whitehall FDSVYM
0.4% of the fund
-3%
Cisco SystemsCSCO
0.4% of the fund
-4%
Ishares TRIJH
0.3% of the fund
-19%
Morgan Stanley ETF TrustEVSM
0.3% of the fund
-3%
Ishares TRIVE
0.3% of the fund
-4%
Ishares TREFA
0.3% of the fund
-6%
FNBFNB
0.3% of the fund
-2%
CaterpillarCAT
0.2% of the fund
-10%
Advanced Micro DevicesAMD
0.2% of the fund
-12%
Palo Alto NetworksPANW
0.2% of the fund
-3%
National Fuel GasNFG
0.2% of the fund
-6%
TeslaTSLA
0.2% of the fund
-3%
Emerson ElectricEMR
0.2% of the fund
-11%
General ElectricGE
0.1% of the fund
-77%
MedtronicMDT
0.1% of the fund
-4%
Lockheed MartinLMT
<0.1% of the fund
-3%
Vanguard Tax-Managed FDSVEA
<0.1% of the fund
-6%
J P Morgan Exchange Traded FJAVA
<0.1% of the fund
-10%

Sold out

Sold their entire stake.

Ishares TRINDA
-100%
Ishares TRIBTM
-100%
Etfs Gold TRSGOL
-100%

Holdings

Vanguard BD Index FDSBIV
Share
6.5%
Value
$19m
Shares
250,000
+14%
Ishares TRIQLT
Share
5.4%
Value
$16m
Shares
317,950
+8%
Schwab Strategic TRSCHX
Share
4.0%
Value
$12m
Shares
402,297
Held
Schwab Strategic TRSCHG
Share
3.9%
Value
$12m
Shares
341,586
+7%
Wisdomtree TRDGRW
Share
3.9%
Value
$11m
Shares
119,649
+2%
Schwab Strategic TRSCHD
Share
3.9%
Value
$11m
Shares
358,869
+6%
Ishares TRSHY
Share
3.9%
Value
$11m
Shares
138,014
+11%
J P Morgan Exchange Traded FJEPI
Share
3.6%
Value
$11m
Shares
188,376
+12%
Ishares Gold TRIAU
Share
3.4%
Value
$10m
Shares
131,576
+8%
Dimensional ETF TrustDFAS
Share
3.3%
Value
$10m
Shares
118,728
+17%
J P Morgan Exchange Traded FJQUA
Share
3.3%
Value
$10m
Shares
133,585
Held
Ishares TRIDEV
Share
3.0%
Value
$9m
Shares
98,981
+4%
Dimensional ETF TrustDFAE
Share
2.8%
Value
$8m
Shares
203,869
+5%
Janus Detroit STR TRJAAA
Share
2.2%
Value
$7m
Shares
130,193
Held
Ishares TRITOT
Share
2.1%
Value
$6m
Shares
37,805
-3%
Schwab Strategic TRSCHB
Share
2.1%
Value
$6m
Shares
208,878
+3%
J P Morgan Exchange Traded FJPST
Share
1.7%
Value
$5m
Shares
98,442
+5%
AppleAAPL
Share
1.6%
Value
$5m
Shares
16,283
Held
Select Sector Spdr TRXLV
Share
1.5%
Value
$4m
Shares
27,326
+13%
AlphabetGOOGL
Share
1.2%
Value
$3m
Shares
9,621
Held
Spdr Series TrustBIL
Share
1.0%
Value
$3m
Shares
30,888
-7%
MicrosoftMSFT
Share
0.9%
Value
$3m
Shares
7,099
+3%
JPMorgan ChaseJPM
Share
0.9%
Value
$3m
Shares
7,825
Held
Ishares TRIVW
Share
0.9%
Value
$3m
Shares
18,525
-3%
Vanguard Intl Equity Index FVEU
Share
0.8%
Value
$2m
Shares
29,245
+6%
Vanguard Scottsdale FDSVGSH
Share
0.8%
Value
$2m
Shares
41,460
+13%
NvidiaNVDA
Share
0.8%
Value
$2m
Shares
11,644
+8%
Vanguard Whitehall FDSVYMI
Share
0.8%
Value
$2m
Shares
23,024
Held
Ishares TRTLT
Share
0.7%
Value
$2m
Shares
24,992
+10%
Ishares TRIVV
Share
0.7%
Value
$2m
Shares
2,590
+6%
Amazon.comAMZN
Share
0.6%
Value
$2m
Shares
7,253
+4%
ExxonMobil HoldingsXOM
Share
0.6%
Value
$2m
Shares
12,625
Held
Marathon PetroleumMPC
Share
0.6%
Value
$2m
Shares
6,371
Held
Ishares TRIWR
Share
0.5%
Value
$2m
Shares
14,412
Held
Alps ETF TRAMLP
Share
0.5%
Value
$2m
Shares
30,656
Held
International Business MachinesIBM
Share
0.5%
Value
$2m
Shares
5,649
+5%
Proshares TRNOBL
Share
0.5%
Value
$2m
Shares
28,114
+20%
Johnson & JohnsonJNJ
Share
0.5%
Value
$2m
Shares
6,165
+2%
J P Morgan Exchange Traded FJEPQ
Share
0.5%
Value
$2m
Shares
25,344
+3%
ASML Holding NVASML
Share
0.5%
Value
$2m
Shares
782
-20%
Wisdomtree TRDEM
Share
0.5%
Value
$2m
Shares
28,730
Held
AbbVieABBV
Share
0.5%
Value
$2m
Shares
5,970
+3%
Vanguard BD Index FDSBND
Share
0.5%
Value
$1m
Shares
20,212
-3%
IntelINTC
Share
0.5%
Value
$1m
Shares
10,494
+105%
Schwab Strategic TRSCHM
Share
0.5%
Value
$1m
Shares
39,680
-47%
MerckMRK
Share
0.5%
Value
$1m
Shares
10,918
Held
Spdr Gold TRGLD
Share
0.4%
Value
$1m
Shares
3,298
-10%
Vanguard Whitehall FDSVYM
Share
0.4%
Value
$1m
Shares
7,682
-3%
Blackrock ETF Trust IISHYM
Share
0.4%
Value
$1m
Shares
51,825
+5%
AmgenAMGN
Share
0.4%
Value
$1m
Shares
3,168
+2%
State STR Spdr S&P 500 ETF TSPY
Share
0.4%
Value
$1m
Shares
1,515
Held
Cisco SystemsCSCO
Share
0.4%
Value
$1m
Shares
9,499
-4%
Nuveen AMT Free Qlty MUNXNEAX
Share
0.4%
Value
$1m
Shares
94,110
New
Meta PlatformsMETA
Share
0.4%
Value
$1m
Shares
1,938
+5%
Ishares TRIJH
Share
0.3%
Value
$1m
Shares
13,275
-19%
Morgan Stanley ETF TrustEVSM
Share
0.3%
Value
$1m
Shares
20,186
-3%
McDonald'sMCD
Share
0.3%
Value
$1m
Shares
3,716
+2%
Verizon CommunicationsVZ
Share
0.3%
Value
$992,203
Shares
23,434
+4%
PepsiCoPEP
Share
0.3%
Value
$989,528
Shares
7,308
+4%
ChevronCVX
Share
0.3%
Value
$976,899
Shares
5,893
+6%
Altria GroupMO
Share
0.3%
Value
$973,124
Shares
13,525
Held
Ishares TRIVE
Share
0.3%
Value
$955,014
Shares
4,206
-4%
Berkshire HathawayBRK-B
Share
0.3%
Value
$953,243
Shares
1,905
Held
Spdr Index SHS FDSSPEM
Share
0.3%
Value
$940,584
Shares
18,165
Held
Procter & GamblePG
Share
0.3%
Value
$935,498
Shares
6,380
Held
Select Sector Spdr TRXLI
Share
0.3%
Value
$875,397
Shares
4,726
+5%
General DynamicsGD
Share
0.3%
Value
$866,471
Shares
2,446
Held
Coca-ColaKO
Share
0.3%
Value
$855,204
Shares
10,523
+3%
Cincinnati FinancialCINF
Share
0.3%
Value
$841,965
Shares
4,548
+125%
Philip Morris InternationalPM
Share
0.3%
Value
$838,810
Shares
4,637
Held
Ishares TREFA
Share
0.3%
Value
$789,488
Shares
7,600
-6%
Invesco QQQ TRQQQ
Share
0.3%
Value
$768,683
Shares
1,044
+67%
FNBFNB
Share
0.3%
Value
$747,001
Shares
39,151
-2%
CaterpillarCAT
Share
0.2%
Value
$730,293
Shares
686
-10%
RTXRTX
Share
0.2%
Value
$725,528
Shares
3,824
Held
Duke EnergyDUK
Share
0.2%
Value
$712,645
Shares
5,630
Held
Advanced Micro DevicesAMD
Share
0.2%
Value
$705,806
Shares
1,215
-12%
Eli LillyLLY
Share
0.2%
Value
$687,273
Shares
573
Held
Home DepotHD
Share
0.2%
Value
$637,293
Shares
1,807
+9%
Palo Alto NetworksPANW
Share
0.2%
Value
$617,246
Shares
1,810
-3%
National Fuel GasNFG
Share
0.2%
Value
$612,894
Shares
7,938
-6%
Vanguard Intl Equity Index FVWO
Share
0.2%
Value
$602,272
Shares
10,090
Held
IsharesIEMG
Share
0.2%
Value
$600,507
Shares
7,249
Held
Bank of AmericaBAC
Share
0.2%
Value
$583,489
Shares
10,240
+5%
QualcommQCOM
Share
0.2%
Value
$562,718
Shares
3,045
+8%
Ishares TRIEFA
Share
0.2%
Value
$561,209
Shares
5,811
Held
Select Sector Spdr TRXLP
Share
0.2%
Value
$541,616
Shares
6,520
Held
PfizerPFE
Share
0.2%
Value
$540,909
Shares
22,463
+3%
Waste ManagementWM
Share
0.2%
Value
$537,426
Shares
2,411
+28%
TeslaTSLA
Share
0.2%
Value
$526,591
Shares
1,252
-3%
IsharesEWJ
Share
0.2%
Value
$521,667
Shares
5,593
+14%
EmbraerEMBJ
Share
0.2%
Value
$519,651
Shares
8,145
Held
AlphabetGOOG
Share
0.2%
Value
$519,395
Shares
1,470
Held
WalmartWMT
Share
0.2%
Value
$518,618
Shares
4,579
Held
Emerson ElectricEMR
Share
0.2%
Value
$491,148
Shares
3,431
-11%
3MMMM
Share
0.2%
Value
$459,624
Shares
2,839
+2%
Molina HealthcareMOH
Share
0.1%
Value
$427,669
Shares
1,870
Held
British American Tobacco p.l.c.BTI
Share
0.1%
Value
$425,403
Shares
6,888
Held
Select Sector Spdr TRXLU
Share
0.1%
Value
$413,410
Shares
9,118
+25%
ETF SER SolutionsQTUM
Share
0.1%
Value
$406,669
Shares
2,459
New

Company	Share of fund	Value	Shares	Change
Vanguard BD Index FDSBIV	6.5%	$19m	250,000	+14%
Ishares TRIQLT	5.4%	$16m	317,950	+8%
Schwab Strategic TRSCHX	4.0%	$12m	402,297	Held
Schwab Strategic TRSCHG	3.9%	$12m	341,586	+7%
Wisdomtree TRDGRW	3.9%	$11m	119,649	+2%
Schwab Strategic TRSCHD	3.9%	$11m	358,869	+6%
Ishares TRSHY	3.9%	$11m	138,014	+11%
J P Morgan Exchange Traded FJEPI	3.6%	$11m	188,376	+12%
Ishares Gold TRIAU	3.4%	$10m	131,576	+8%
Dimensional ETF TrustDFAS	3.3%	$10m	118,728	+17%
J P Morgan Exchange Traded FJQUA	3.3%	$10m	133,585	Held
Ishares TRIDEV	3.0%	$9m	98,981	+4%
Dimensional ETF TrustDFAE	2.8%	$8m	203,869	+5%
Janus Detroit STR TRJAAA	2.2%	$7m	130,193	Held
Ishares TRITOT	2.1%	$6m	37,805	-3%
Schwab Strategic TRSCHB	2.1%	$6m	208,878	+3%
J P Morgan Exchange Traded FJPST	1.7%	$5m	98,442	+5%
AppleAAPL	1.6%	$5m	16,283	Held
Select Sector Spdr TRXLV	1.5%	$4m	27,326	+13%
AlphabetGOOGL	1.2%	$3m	9,621	Held
Spdr Series TrustBIL	1.0%	$3m	30,888	-7%
MicrosoftMSFT	0.9%	$3m	7,099	+3%
JPMorgan ChaseJPM	0.9%	$3m	7,825	Held
Ishares TRIVW	0.9%	$3m	18,525	-3%
Vanguard Intl Equity Index FVEU	0.8%	$2m	29,245	+6%
Vanguard Scottsdale FDSVGSH	0.8%	$2m	41,460	+13%
NvidiaNVDA	0.8%	$2m	11,644	+8%
Vanguard Whitehall FDSVYMI	0.8%	$2m	23,024	Held
Ishares TRTLT	0.7%	$2m	24,992	+10%
Ishares TRIVV	0.7%	$2m	2,590	+6%
Amazon.comAMZN	0.6%	$2m	7,253	+4%
ExxonMobil HoldingsXOM	0.6%	$2m	12,625	Held
Marathon PetroleumMPC	0.6%	$2m	6,371	Held
Ishares TRIWR	0.5%	$2m	14,412	Held
Alps ETF TRAMLP	0.5%	$2m	30,656	Held
International Business MachinesIBM	0.5%	$2m	5,649	+5%
Proshares TRNOBL	0.5%	$2m	28,114	+20%
Johnson & JohnsonJNJ	0.5%	$2m	6,165	+2%
J P Morgan Exchange Traded FJEPQ	0.5%	$2m	25,344	+3%
ASML Holding NVASML	0.5%	$2m	782	-20%
Wisdomtree TRDEM	0.5%	$2m	28,730	Held
AbbVieABBV	0.5%	$2m	5,970	+3%
Vanguard BD Index FDSBND	0.5%	$1m	20,212	-3%
IntelINTC	0.5%	$1m	10,494	+105%
Schwab Strategic TRSCHM	0.5%	$1m	39,680	-47%
MerckMRK	0.5%	$1m	10,918	Held
Spdr Gold TRGLD	0.4%	$1m	3,298	-10%
Vanguard Whitehall FDSVYM	0.4%	$1m	7,682	-3%
Blackrock ETF Trust IISHYM	0.4%	$1m	51,825	+5%
AmgenAMGN	0.4%	$1m	3,168	+2%
State STR Spdr S&P 500 ETF TSPY	0.4%	$1m	1,515	Held
Cisco SystemsCSCO	0.4%	$1m	9,499	-4%
Nuveen AMT Free Qlty MUNXNEAX	0.4%	$1m	94,110	New
Meta PlatformsMETA	0.4%	$1m	1,938	+5%
Ishares TRIJH	0.3%	$1m	13,275	-19%
Morgan Stanley ETF TrustEVSM	0.3%	$1m	20,186	-3%
McDonald'sMCD	0.3%	$1m	3,716	+2%
Verizon CommunicationsVZ	0.3%	$992,203	23,434	+4%
PepsiCoPEP	0.3%	$989,528	7,308	+4%
ChevronCVX	0.3%	$976,899	5,893	+6%
Altria GroupMO	0.3%	$973,124	13,525	Held
Ishares TRIVE	0.3%	$955,014	4,206	-4%
Berkshire HathawayBRK-B	0.3%	$953,243	1,905	Held
Spdr Index SHS FDSSPEM	0.3%	$940,584	18,165	Held
Procter & GamblePG	0.3%	$935,498	6,380	Held
Select Sector Spdr TRXLI	0.3%	$875,397	4,726	+5%
General DynamicsGD	0.3%	$866,471	2,446	Held
Coca-ColaKO	0.3%	$855,204	10,523	+3%
Cincinnati FinancialCINF	0.3%	$841,965	4,548	+125%
Philip Morris InternationalPM	0.3%	$838,810	4,637	Held
Ishares TREFA	0.3%	$789,488	7,600	-6%
Invesco QQQ TRQQQ	0.3%	$768,683	1,044	+67%
FNBFNB	0.3%	$747,001	39,151	-2%
CaterpillarCAT	0.2%	$730,293	686	-10%
RTXRTX	0.2%	$725,528	3,824	Held
Duke EnergyDUK	0.2%	$712,645	5,630	Held
Advanced Micro DevicesAMD	0.2%	$705,806	1,215	-12%
Eli LillyLLY	0.2%	$687,273	573	Held
Home DepotHD	0.2%	$637,293	1,807	+9%
Palo Alto NetworksPANW	0.2%	$617,246	1,810	-3%
National Fuel GasNFG	0.2%	$612,894	7,938	-6%
Vanguard Intl Equity Index FVWO	0.2%	$602,272	10,090	Held
IsharesIEMG	0.2%	$600,507	7,249	Held
Bank of AmericaBAC	0.2%	$583,489	10,240	+5%
QualcommQCOM	0.2%	$562,718	3,045	+8%
Ishares TRIEFA	0.2%	$561,209	5,811	Held
Select Sector Spdr TRXLP	0.2%	$541,616	6,520	Held
PfizerPFE	0.2%	$540,909	22,463	+3%
Waste ManagementWM	0.2%	$537,426	2,411	+28%
TeslaTSLA	0.2%	$526,591	1,252	-3%
IsharesEWJ	0.2%	$521,667	5,593	+14%
EmbraerEMBJ	0.2%	$519,651	8,145	Held
AlphabetGOOG	0.2%	$519,395	1,470	Held
WalmartWMT	0.2%	$518,618	4,579	Held
Emerson ElectricEMR	0.2%	$491,148	3,431	-11%
3MMMM	0.2%	$459,624	2,839	+2%
Molina HealthcareMOH	0.1%	$427,669	1,870	Held
British American Tobacco p.l.c.BTI	0.1%	$425,403	6,888	Held
Select Sector Spdr TRXLU	0.1%	$413,410	9,118	+25%
ETF SER SolutionsQTUM	0.1%	$406,669	2,459	New

Showing the largest 100 of 164.

Options (2)

NvidiaNVDA
Type
Put
Value
$2m
Contracts
11,000
Palantir TechnologiesPLTR
Type
Put
Value
$1m
Contracts
10,300

Company	Type	Value	Contracts
NvidiaNVDA	Put	$2m	11,000
Palantir TechnologiesPLTR	Put	$1m	10,300

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 35.5% since 30 June 2025.

Where the money is

Technology6.0%

Health care3.1%

Industrials2.6%

Media & telecom2.4%

Financial services2.4%

Everyday goods1.9%

Energy1.8%

Retail & consumer1.3%

Utilities0.7%

Real estate0.1%

Materials0.1%

Other77.6%

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.