Stephens

LITTLE ROCK, ARfiles as STEPHENS INC /AR/

$8.9bn in 1,332 US stocks at the end of 30 June 2026. The top 10 are 19.9% of the money. It changed about 7.3% of the portfolio this quarter.

Value

$8.9bn

Stocks

1,332

Top 10 share

19.9%

Turnover

7.3%

What changed this quarter

New

Bought for the first time this quarter.

Modine ManufacturingMOD
0.2% of the fund
FedEx Freight Holding CompanyFDXF
<0.1% of the fund
Honeywell InternationalHON
<0.1% of the fund
Honeywell AerospaceHONA
<0.1% of the fund
Space Exploration TechnologiesSPCX
<0.1% of the fund
T Rowe Price Exchange-TradedTCAF
<0.1% of the fund
2023 ETF Series TrustBSMC
<0.1% of the fund
Nuveen Municipal Credit Income FundNZF
<0.1% of the fund
Procure ETF Trust IIUFO
<0.1% of the fund
DuPont de NemoursDD
<0.1% of the fund
Roundhill ETF TrustDRAM
<0.1% of the fund
FlowserveFLS
<0.1% of the fund
Twist BioscienceTWST
<0.1% of the fund
Unusual MachinesUMAC
<0.1% of the fund
Select Sector Spdr TRXLB
<0.1% of the fund
Neos ETF TrustSPYI
<0.1% of the fund
EMCOR GroupEME
<0.1% of the fund
OkloOKLO
<0.1% of the fund
Ishares TRIYT
<0.1% of the fund
First TR Exchng Traded FD VIBUFQ
<0.1% of the fund
CloudflareNET
<0.1% of the fund
DatadogDDOG
<0.1% of the fund
Reynolds Consumer ProductsREYN
<0.1% of the fund
Silicon Motion TechnologySIMO
<0.1% of the fund
Super Micro ComputerSMCI
<0.1% of the fund

Added

Bought more of a stock they already held.

AppleAAPL
2.7% of the fund
+2%
WalmartWMT
2.0% of the fund
+3%
Amazon.comAMZN
1.8% of the fund
+5%
MicrosoftMSFT
1.6% of the fund
+2%
JPMorgan ChaseJPM
1.6% of the fund
+4%
AlphabetGOOGL
1.4% of the fund
+3%
AlphabetGOOG
1.3% of the fund
+4%
Goldman Sachs GroupGS
1.0% of the fund
+5%
Ishares TRIOO
0.9% of the fund
+15%
Ishares TRIWV
0.8% of the fund
+8%
Vanguard Index FDSVBR
0.8% of the fund
+11%
Schwab Strategic TRSCHD
0.7% of the fund
+3%
State STR Spdr DOW Jones INDDIA
0.6% of the fund
+9%
Johnson & JohnsonJNJ
0.6% of the fund
+21%
Vanguard BD Index FDSBIV
0.6% of the fund
+12%
Vanguard Index FDSVBK
0.6% of the fund
+5%
Ishares TRIWR
0.5% of the fund
+4%
Ishares TRIWM
0.5% of the fund
+23%
Invesco Exch Traded FD TR IIVRP
0.4% of the fund
+11%
Berkshire HathawayBRK-B
0.4% of the fund
+7%
Ishares TRIWB
0.4% of the fund
+5%
BlackstoneBX
0.4% of the fund
+4%
Vanguard Scottsdale FDSVGSH
0.4% of the fund
+9%
NewmontNEM
0.4% of the fund
+5%
Ishares TREFA
0.3% of the fund
+4%

Cut

Sold some of their stake.

BroadcomAVGO
1.7% of the fund
-3%
Ishares TRIWS
1.2% of the fund
-2%
Ishares TRIWP
0.8% of the fund
-7%
Cisco SystemsCSCO
0.6% of the fund
-3%
MastercardMA
0.5% of the fund
-3%
ChevronCVX
0.5% of the fund
-3%
Ishares TRSGOV
0.5% of the fund
-8%
Ishares TRSHY
0.4% of the fund
-4%
AmgenAMGN
0.4% of the fund
-18%
Martin Marietta MaterialsMLM
0.3% of the fund
-4%
Ishares TRIGSB
0.3% of the fund
-3%
Palantir TechnologiesPLTR
0.3% of the fund
-10%
QualcommQCOM
0.3% of the fund
-7%
Vanguard Specialized FundsVIG
0.3% of the fund
-5%
Ishares TRUSRT
0.3% of the fund
-3%
Invesco Exchange Traded FD TRSP
0.2% of the fund
-15%
MedtronicMDT
0.2% of the fund
-18%
Advanced Micro DevicesAMD
0.2% of the fund
-3%
AdeiaADEA
0.2% of the fund
-3%
Blue Owl CapitalOBDC
0.2% of the fund
-3%
Kratos Defense & Security SolutionsKTOS
0.2% of the fund
-6%
Ishares TRPFF
0.2% of the fund
-9%
Micron TechnologyMU
0.2% of the fund
-17%
AonAON
0.1% of the fund
-7%
Vertiv HoldingsVRT
0.1% of the fund
-19%

Sold out

Sold their entire stake.

Honeywell InternationalHON
-100%
AngloGold AshantiAU
-100%
GenpactG
-100%
Coterra EnergyCTRA
-100%
FastlyFSLY
-100%
DuPont de NemoursDD
-100%
First TR Exchange Trad FD VIFTGC
-100%
Power Solutions InternationalPSIX
-100%
First Fndtn
-100%
Cohen & Steers Quality Income Realty FundRQI
-100%
Commercial MetalsCMC
-100%
Goldman Sachs ETF TR
-100%
Invesco Exch Traded FD TR IIPZA
-100%
Strategic EducationSTRA
-100%
Antero ResourcesAR
-100%
KKR Real Estate Finance TrustKREF
-100%
Spdr Series TrustSJNK
-100%
Eastman ChemicalEMN
-100%
Chart Inds
-100%
Vaneck ETF TrustMLN
-100%
PrimericaPRI
-100%
Invesco Exch Traded FD TR IIBAB
-100%
Papa Johns InternationalPZZA
-100%
Vaneck ETF TrustITM
-100%
CarMaxKMX
-100%

Holdings

Vanguard Index FDSVTI
Share
2.7%
Value
$244m
Shares
659,346
Held
AppleAAPL
Share
2.7%
Value
$242m
Shares
833,376
+2%
Invesco QQQ TRQQQ
Share
2.2%
Value
$197m
Shares
267,335
Held
WalmartWMT
Share
2.0%
Value
$180m
Shares
1,587,838
+3%
NvidiaNVDA
Share
1.9%
Value
$165m
Shares
824,241
Held
Amazon.comAMZN
Share
1.8%
Value
$164m
Shares
686,863
+5%
BroadcomAVGO
Share
1.7%
Value
$151m
Shares
398,533
-3%
MicrosoftMSFT
Share
1.6%
Value
$146m
Shares
390,296
+2%
Ishares TRIWD
Share
1.6%
Value
$144m
Shares
593,962
Held
JPMorgan ChaseJPM
Share
1.6%
Value
$144m
Shares
438,978
+4%
Ishares TRIWF
Share
1.5%
Value
$132m
Shares
1,064,094
Held
AlphabetGOOGL
Share
1.4%
Value
$126m
Shares
351,331
+3%
State STR Spdr S&P 500 ETF TSPY
Share
1.4%
Value
$125m
Shares
167,417
Held
AlphabetGOOG
Share
1.3%
Value
$113m
Shares
320,623
+4%
Ishares TRIWS
Share
1.2%
Value
$110m
Shares
669,651
-2%
Vanguard Index FDSVTV
Share
1.0%
Value
$92m
Shares
423,860
Held
Goldman Sachs GroupGS
Share
1.0%
Value
$86m
Shares
85,346
+5%
Ishares TRIOO
Share
0.9%
Value
$83m
Shares
604,847
+15%
Vanguard Index FDSVOO
Share
0.9%
Value
$78m
Shares
113,290
Held
Ishares TRIWV
Share
0.8%
Value
$76m
Shares
177,801
+8%
Vanguard Index FDSVUG
Share
0.8%
Value
$75m
Shares
875,866
Held
Vanguard Index FDSVBR
Share
0.8%
Value
$74m
Shares
302,916
+11%
Ishares TRIWP
Share
0.8%
Value
$71m
Shares
485,385
-7%
Kura Sushi USAKRUS
Share
0.7%
Value
$63m
Shares
1,102,847
Held
CaterpillarCAT
Share
0.7%
Value
$61m
Shares
56,857
Held
Schwab Strategic TRSCHD
Share
0.7%
Value
$59m
Shares
1,868,823
+3%
Meta PlatformsMETA
Share
0.6%
Value
$58m
Shares
102,378
Held
Vanguard Scottsdale FDSVONG
Share
0.6%
Value
$56m
Shares
437,676
Held
Cisco SystemsCSCO
Share
0.6%
Value
$55m
Shares
469,615
-3%
State STR Spdr DOW Jones INDDIA
Share
0.6%
Value
$54m
Shares
102,905
+9%
Johnson & JohnsonJNJ
Share
0.6%
Value
$54m
Shares
210,285
+21%
Vanguard BD Index FDSBIV
Share
0.6%
Value
$52m
Shares
683,912
+12%
Alps ETF TRAMLP
Share
0.6%
Value
$52m
Shares
1,010,491
Held
Vanguard Index FDSVBK
Share
0.6%
Value
$51m
Shares
140,559
+5%
Ishares TRIWR
Share
0.5%
Value
$48m
Shares
436,558
+4%
Vanguard Index FDSVO
Share
0.5%
Value
$47m
Shares
587,191
Held
Vanguard Scottsdale FDSVCSH
Share
0.5%
Value
$46m
Shares
583,585
Held
MastercardMA
Share
0.5%
Value
$45m
Shares
88,511
-3%
Eli LillyLLY
Share
0.5%
Value
$45m
Shares
37,094
Held
Ishares TRIWM
Share
0.5%
Value
$45m
Shares
148,311
+23%
Duke EnergyDUK
Share
0.5%
Value
$44m
Shares
345,986
Held
ChevronCVX
Share
0.5%
Value
$43m
Shares
260,627
-3%
AmphenolAPH
Share
0.5%
Value
$43m
Shares
244,235
Held
Ishares TRSGOV
Share
0.5%
Value
$43m
Shares
423,052
-8%
ExxonMobil HoldingsXOM
Share
0.5%
Value
$43m
Shares
311,060
Held
J P Morgan Exchange Traded FJPST
Share
0.5%
Value
$42m
Shares
826,961
Held
First TR Exchange-Traded FDFTCB
Share
0.5%
Value
$42m
Shares
2,004,030
Held
VisaV
Share
0.5%
Value
$41m
Shares
119,952
Held
Invesco Exch Traded FD TR IIVRP
Share
0.4%
Value
$40m
Shares
1,641,083
+11%
Ishares TRSHY
Share
0.4%
Value
$40m
Shares
484,807
-4%
Berkshire HathawayBRK-B
Share
0.4%
Value
$39m
Shares
77,294
+7%
Vaneck ETF TrustMOAT
Share
0.4%
Value
$38m
Shares
361,144
Held
Ishares TRIWB
Share
0.4%
Value
$37m
Shares
91,196
+5%
Vanguard Tax-Managed FDSVEA
Share
0.4%
Value
$36m
Shares
510,238
Held
BlackstoneBX
Share
0.4%
Value
$36m
Shares
303,289
+4%
MerckMRK
Share
0.4%
Value
$36m
Shares
272,973
Held
AbbVieABBV
Share
0.4%
Value
$35m
Shares
139,208
Held
J P Morgan Exchange Traded FJEPI
Share
0.4%
Value
$35m
Shares
614,920
Held
AmgenAMGN
Share
0.4%
Value
$34m
Shares
93,841
-18%
Vanguard Scottsdale FDSVGSH
Share
0.4%
Value
$33m
Shares
559,865
+9%
NewmontNEM
Share
0.4%
Value
$32m
Shares
341,160
+5%
Hunt J B Transport ServicesJBHT
Share
0.4%
Value
$31m
Shares
108,394
Held
Martin Marietta MaterialsMLM
Share
0.3%
Value
$31m
Shares
53,993
-4%
Vanguard Index FDSVB
Share
0.3%
Value
$31m
Shares
100,816
Held
Ishares TREFA
Share
0.3%
Value
$29m
Shares
283,139
+4%
Taiwan Semiconductor ManufacturingTSM
Share
0.3%
Value
$29m
Shares
60,937
+11%
Palo Alto NetworksPANW
Share
0.3%
Value
$29m
Shares
85,818
Held
General ElectricGE
Share
0.3%
Value
$29m
Shares
77,586
+12%
Ishares TRIGSB
Share
0.3%
Value
$29m
Shares
546,640
-3%
Energy Transfer L PET
Share
0.3%
Value
$28m
Shares
1,479,489
+7%
Palantir TechnologiesPLTR
Share
0.3%
Value
$28m
Shares
238,173
-10%
Bank of AmericaBAC
Share
0.3%
Value
$27m
Shares
479,328
Held
First TR Exchange-Traded FDFDL
Share
0.3%
Value
$27m
Shares
553,057
Held
PepsiCoPEP
Share
0.3%
Value
$27m
Shares
195,603
+13%
QualcommQCOM
Share
0.3%
Value
$26m
Shares
140,435
-7%
Vanguard Index FDSVOE
Share
0.3%
Value
$26m
Shares
132,161
+2%
EatonETN
Share
0.3%
Value
$26m
Shares
59,756
+2%
Waste ManagementWM
Share
0.3%
Value
$26m
Shares
114,842
Held
Apollo Global ManagementAPO
Share
0.3%
Value
$25m
Shares
215,221
+9%
Lowe's CompaniesLOW
Share
0.3%
Value
$25m
Shares
113,803
+3%
Vanguard Specialized FundsVIG
Share
0.3%
Value
$25m
Shares
105,682
-5%
American Centy ETF TRAVUV
Share
0.3%
Value
$25m
Shares
198,515
Held
Home DepotHD
Share
0.3%
Value
$25m
Shares
69,873
+10%
Coca-ColaKO
Share
0.3%
Value
$25m
Shares
299,964
+3%
Applied MaterialsAMAT
Share
0.3%
Value
$25m
Shares
33,829
Held
Enterprise Products Partners L.P.EPD
Share
0.3%
Value
$24m
Shares
645,519
+2%
Ishares TRUSRT
Share
0.3%
Value
$24m
Shares
356,379
-3%
TeslaTSLA
Share
0.3%
Value
$23m
Shares
53,706
+5%
NXP SemiconductorsNXPI
Share
0.3%
Value
$23m
Shares
81,687
Held
MastecMTZ
Share
0.3%
Value
$23m
Shares
55,460
+4%
McDonald'sMCD
Share
0.3%
Value
$23m
Shares
85,155
+18%
Capital Group Growth ETFCGGR
Share
0.3%
Value
$23m
Shares
486,484
+10%
Ishares TRQUAL
Share
0.3%
Value
$22m
Shares
102,338
Held
J P Morgan Exchange Traded FJCPB
Share
0.2%
Value
$22m
Shares
471,767
Held
Ishares TRAGG
Share
0.2%
Value
$22m
Shares
223,499
Held
Ares CapitalARCC
Share
0.2%
Value
$22m
Shares
1,186,676
Held
Lockheed MartinLMT
Share
0.2%
Value
$22m
Shares
42,868
+11%
Invesco Exchange Traded FD TRSP
Share
0.2%
Value
$21m
Shares
100,823
-15%
Ishares Gold TRIAU
Share
0.2%
Value
$21m
Shares
281,519
+3%
Vanguard Intl Equity Index FVEU
Share
0.2%
Value
$21m
Shares
250,969
Held

Company	Share of fund	Value	Shares	Change
Vanguard Index FDSVTI	2.7%	$244m	659,346	Held
AppleAAPL	2.7%	$242m	833,376	+2%
Invesco QQQ TRQQQ	2.2%	$197m	267,335	Held
WalmartWMT	2.0%	$180m	1,587,838	+3%
NvidiaNVDA	1.9%	$165m	824,241	Held
Amazon.comAMZN	1.8%	$164m	686,863	+5%
BroadcomAVGO	1.7%	$151m	398,533	-3%
MicrosoftMSFT	1.6%	$146m	390,296	+2%
Ishares TRIWD	1.6%	$144m	593,962	Held
JPMorgan ChaseJPM	1.6%	$144m	438,978	+4%
Ishares TRIWF	1.5%	$132m	1,064,094	Held
AlphabetGOOGL	1.4%	$126m	351,331	+3%
State STR Spdr S&P 500 ETF TSPY	1.4%	$125m	167,417	Held
AlphabetGOOG	1.3%	$113m	320,623	+4%
Ishares TRIWS	1.2%	$110m	669,651	-2%
Vanguard Index FDSVTV	1.0%	$92m	423,860	Held
Goldman Sachs GroupGS	1.0%	$86m	85,346	+5%
Ishares TRIOO	0.9%	$83m	604,847	+15%
Vanguard Index FDSVOO	0.9%	$78m	113,290	Held
Ishares TRIWV	0.8%	$76m	177,801	+8%
Vanguard Index FDSVUG	0.8%	$75m	875,866	Held
Vanguard Index FDSVBR	0.8%	$74m	302,916	+11%
Ishares TRIWP	0.8%	$71m	485,385	-7%
Kura Sushi USAKRUS	0.7%	$63m	1,102,847	Held
CaterpillarCAT	0.7%	$61m	56,857	Held
Schwab Strategic TRSCHD	0.7%	$59m	1,868,823	+3%
Meta PlatformsMETA	0.6%	$58m	102,378	Held
Vanguard Scottsdale FDSVONG	0.6%	$56m	437,676	Held
Cisco SystemsCSCO	0.6%	$55m	469,615	-3%
State STR Spdr DOW Jones INDDIA	0.6%	$54m	102,905	+9%
Johnson & JohnsonJNJ	0.6%	$54m	210,285	+21%
Vanguard BD Index FDSBIV	0.6%	$52m	683,912	+12%
Alps ETF TRAMLP	0.6%	$52m	1,010,491	Held
Vanguard Index FDSVBK	0.6%	$51m	140,559	+5%
Ishares TRIWR	0.5%	$48m	436,558	+4%
Vanguard Index FDSVO	0.5%	$47m	587,191	Held
Vanguard Scottsdale FDSVCSH	0.5%	$46m	583,585	Held
MastercardMA	0.5%	$45m	88,511	-3%
Eli LillyLLY	0.5%	$45m	37,094	Held
Ishares TRIWM	0.5%	$45m	148,311	+23%
Duke EnergyDUK	0.5%	$44m	345,986	Held
ChevronCVX	0.5%	$43m	260,627	-3%
AmphenolAPH	0.5%	$43m	244,235	Held
Ishares TRSGOV	0.5%	$43m	423,052	-8%
ExxonMobil HoldingsXOM	0.5%	$43m	311,060	Held
J P Morgan Exchange Traded FJPST	0.5%	$42m	826,961	Held
First TR Exchange-Traded FDFTCB	0.5%	$42m	2,004,030	Held
VisaV	0.5%	$41m	119,952	Held
Invesco Exch Traded FD TR IIVRP	0.4%	$40m	1,641,083	+11%
Ishares TRSHY	0.4%	$40m	484,807	-4%
Berkshire HathawayBRK-B	0.4%	$39m	77,294	+7%
Vaneck ETF TrustMOAT	0.4%	$38m	361,144	Held
Ishares TRIWB	0.4%	$37m	91,196	+5%
Vanguard Tax-Managed FDSVEA	0.4%	$36m	510,238	Held
BlackstoneBX	0.4%	$36m	303,289	+4%
MerckMRK	0.4%	$36m	272,973	Held
AbbVieABBV	0.4%	$35m	139,208	Held
J P Morgan Exchange Traded FJEPI	0.4%	$35m	614,920	Held
AmgenAMGN	0.4%	$34m	93,841	-18%
Vanguard Scottsdale FDSVGSH	0.4%	$33m	559,865	+9%
NewmontNEM	0.4%	$32m	341,160	+5%
Hunt J B Transport ServicesJBHT	0.4%	$31m	108,394	Held
Martin Marietta MaterialsMLM	0.3%	$31m	53,993	-4%
Vanguard Index FDSVB	0.3%	$31m	100,816	Held
Ishares TREFA	0.3%	$29m	283,139	+4%
Taiwan Semiconductor ManufacturingTSM	0.3%	$29m	60,937	+11%
Palo Alto NetworksPANW	0.3%	$29m	85,818	Held
General ElectricGE	0.3%	$29m	77,586	+12%
Ishares TRIGSB	0.3%	$29m	546,640	-3%
Energy Transfer L PET	0.3%	$28m	1,479,489	+7%
Palantir TechnologiesPLTR	0.3%	$28m	238,173	-10%
Bank of AmericaBAC	0.3%	$27m	479,328	Held
First TR Exchange-Traded FDFDL	0.3%	$27m	553,057	Held
PepsiCoPEP	0.3%	$27m	195,603	+13%
QualcommQCOM	0.3%	$26m	140,435	-7%
Vanguard Index FDSVOE	0.3%	$26m	132,161	+2%
EatonETN	0.3%	$26m	59,756	+2%
Waste ManagementWM	0.3%	$26m	114,842	Held
Apollo Global ManagementAPO	0.3%	$25m	215,221	+9%
Lowe's CompaniesLOW	0.3%	$25m	113,803	+3%
Vanguard Specialized FundsVIG	0.3%	$25m	105,682	-5%
American Centy ETF TRAVUV	0.3%	$25m	198,515	Held
Home DepotHD	0.3%	$25m	69,873	+10%
Coca-ColaKO	0.3%	$25m	299,964	+3%
Applied MaterialsAMAT	0.3%	$25m	33,829	Held
Enterprise Products Partners L.P.EPD	0.3%	$24m	645,519	+2%
Ishares TRUSRT	0.3%	$24m	356,379	-3%
TeslaTSLA	0.3%	$23m	53,706	+5%
NXP SemiconductorsNXPI	0.3%	$23m	81,687	Held
MastecMTZ	0.3%	$23m	55,460	+4%
McDonald'sMCD	0.3%	$23m	85,155	+18%
Capital Group Growth ETFCGGR	0.3%	$23m	486,484	+10%
Ishares TRQUAL	0.3%	$22m	102,338	Held
J P Morgan Exchange Traded FJCPB	0.2%	$22m	471,767	Held
Ishares TRAGG	0.2%	$22m	223,499	Held
Ares CapitalARCC	0.2%	$22m	1,186,676	Held
Lockheed MartinLMT	0.2%	$22m	42,868	+11%
Invesco Exchange Traded FD TRSP	0.2%	$21m	100,823	-15%
Ishares Gold TRIAU	0.2%	$21m	281,519	+3%
Vanguard Intl Equity Index FVEU	0.2%	$21m	250,969	Held

Showing the largest 100 of 1,332.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 22.7% since 30 June 2025.

Where the money is

Technology13.9%

Financial services8.4%

Industrials6.7%

Retail & consumer4.9%

Health care4.3%

Everyday goods4.2%

Media & telecom4.2%

Utilities1.9%

Energy1.8%

Materials1.7%

Real estate0.7%

Other47.3%

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.