Q2 2026 13F · SEC CIK 1527781

Gallagher Fiduciary Advisors, LLC

Institutional asset managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $3.0B
Reported positions: 356
Top holdings a year, 3 yrs: +1.1%
Assets under management: $194.8B

Gallagher Fiduciary Advisors, LLC is an institutional asset manager that reported 356 positions worth $3.0B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Mcdonalds Corp Com (MCD, 37.8%), Delta Air Lines Inc Com New (DAL, 11.2%), Pg&e Corp (PCG, 9.9%). A portfolio copying its top holdings returned 1.1% a year over the last 3 years, against 20.4% for the S&P 500.

Gallagher Fiduciary Advisors, LLC holdings largest 50 of 356 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Gallagher Fiduciary Advisors, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MCDMcdonalds Corp Com	37.8%	52.2%	4,252,478	-1.7%	$1.1B
DALDelta Air Lines Inc Com New	11.2%	9.9%	3,637,451	-5.3%	$340.7M
PCGPg&e Corp	9.9%	12.6%	38,625,717	+108.7%	$300.9M
VTIVanguard Index Fds	5.9%	0.1%	481,191	-99.7%	$178.1M
CBRECBRE Group, Inc. Class A	3.9%	4.6%	880,234	-0.4%	$118.6M
SCHBSchwb US Broad	2.6%	0.1%	2,708,469	-96.1%	$78.4M
BENFranklin Resources Inc	1.5%	1.3%	1,379,739	-2.0%	$45.9M
VCLTVanguard Scottsdale Fds	1.4%	—	561,226	—	$42.2M
IGLBIshares Tr	1.4%	—	833,026	—	$41.7M
KORPAmerican Centy ETF Tr	1.2%	1.3%	804,960	+14.9%	$37.7M
LQDIshares Tr	1.2%	0.6%	338,060	-99.0%	$36.9M
IEFAIshares Core Msci Eafe ETF	0.8%	0.8%	257,232	+17.3%	$24.8M
IEMGIshares	0.8%	0.7%	276,297	+4.5%	$22.9M
AVUVAvantis US Small Cap Value ETF	0.7%	0.7%	172,874	+0.4%	$21.6M
VBKVanguard Small Cap Growth ETF	0.7%	0.7%	57,740	-4.5%	$21.1M
QINTAmerican Centy ETF Tr	0.7%	—	303,556	—	$21.1M
ISCGIshares Tr	0.7%	0.7%	317,469	-2.5%	$20.8M
SPYSpdr S&p 500 ETF Tr	0.7%	—	27,774	—	$20.7M
VBRVanguard Small Cap Value ETF	0.6%	0.6%	79,492	+4.2%	$19.3M
AVLVAmerican Centy Tr ETF Avantis U S Large	0.6%	0.6%	191,479	-1.6%	$17.5M
VIOVVanguard S&p Small-Cap 600 Value ETF	0.6%	0.6%	148,533	+2.7%	$17.4M
VTVVanguard Value ETF	0.5%	0.5%	68,352	+1.3%	$14.9M
CORPPimco ETF Tr	0.5%	—	151,820	—	$14.7M
IUSGiShares ETFs/USA	0.5%	0.4%	77,899	+21.7%	$14.7M
VEAVanguard Tax-Managed Fds	0.5%	—	198,842	—	$14.2M
DGROIshares Core Dividend Growth ETF	0.4%	0.4%	163,676	+3.6%	$12.4M
IUSVIshares Tr	0.3%	0.3%	94,711	+32.8%	$10.4M
VYMVym	0.3%	—	59,954	—	$9.5M
RDVYFirst Trust Rising Dividend Achievers Et	0.3%	0.3%	115,506	-1.7%	$9.4M
VUGVanguard Indx Fd	0.3%	0.3%	106,379	+507.7%	$9.2M
IDVIshares Tr	0.3%	—	213,736	—	$8.9M
SDVYFirst Tr Exchange-Traded Fd	0.3%	0.3%	199,688	-1.2%	$8.6M
HDVIshares Tr	0.3%	0.3%	313,524	+552.7%	$8.6M
IXUSIshares Core Msci Total International St	0.2%	—	77,355	—	$7.4M
MTUMIshares Msci USA Momentum Factor ETF	0.2%	0.2%	20,845	+3.4%	$7.1M
VGITVanguard Intermediate Treasury ETF	0.2%	—	113,746	—	$6.7M
VNQVanguard Real Estate ETF	0.2%	—	69,532	—	$6.7M
IVVIshares Core S&p 500 ETF	0.2%	0.2%	8,525	+24.5%	$6.4M
PALCPacer Fds Tr	0.2%	0.2%	103,651	+24.0%	$6.2M
ZALTInnovator Etfs Trust	0.2%	0.2%	180,326	-0.4%	$6.1M
SHYGIshares Tr	0.2%	0.2%	129,960	+2.1%	$5.5M
CLFCleveland-Cliffs Inc	0.2%	0.2%	585,516	-3.6%	$5.5M
SOXXIshares Semiconductor ETF	0.2%	0.1%	8,513	-8.8%	$5.5M
BUFRFt Vest Laddered Buffer ETF	0.2%	0.2%	147,346	-1.4%	$5.4M
AAPLApple Inc	0.2%	0.2%	17,403	-0.6%	$5.0M
DHDGFirst Tr Exchng Traded Fd Vi	0.2%	—	133,557	—	$4.9M
BUFQFirst Tr Exchng Traded Fd Vi	0.2%	0.2%	123,612	-1.4%	$4.9M
IUSBIshares Core Universal Usd Bond ETF	0.2%	—	100,158	—	$4.6M
SGOViShares 0-3 Month Treasury Bon	0.1%	0.2%	43,620	+7.1%	$4.4M
FPEFirst Tr Exch Traded Fd III	0.1%	—	229,813	—	$4.1M

What Gallagher Fiduciary Advisors, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: -0.1% /yr; S&P 500 +20.1%
3 years: +1.1% /yr; S&P 500 +20.4%
5 years: +5.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$3.0B	356
Q1 2026	$2.6B	340
Q4 2025	$3.1B	325
Q3 2025	$2.7B	306
Q2 2025	$2.6B	327
Q1 2025	$3.0B	303
Q4 2024	$510.9M	298
Q3 2024	$493.8M	274
Q2 2024	$446.2M	256
Q1 2024	$2.8B	201
Q4 2023	$2.9B	181
Q3 2023	$1.1B	171

Questions about Gallagher Fiduciary Advisors, LLC's portfolio

What stocks does Gallagher Fiduciary Advisors, LLC own?

Gallagher Fiduciary Advisors, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 356 positions worth $3.0B. The largest are Mcdonalds Corp Com (MCD) at 37.8%, Delta Air Lines Inc Com New (DAL) at 11.2%, Pg&e Corp (PCG) at 9.9%, Vanguard Index Fds (VTI) at 5.9% and CBRE Group, Inc. Class A (CBRE) at 3.9%.

What did Gallagher Fiduciary Advisors, LLC buy last quarter?

In Q2 2026, Gallagher Fiduciary Advisors, LLC added Ishares Tr (HDV) (+552.7% shares), Vanguard Indx Fd (VUG) (+507.7% shares) and Pg&e Corp (PCG) (+108.7% shares), compared with its Q1 2026 filing.

What did Gallagher Fiduciary Advisors, LLC sell last quarter?

In Q2 2026, Gallagher Fiduciary Advisors, LLC cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Nvidia Corporation Com (NVDA), cut from its top 50 iShs Lehman 1-3Tsy (SHY), cut from its top 50 Invesco S&P 500 Top 50 ETF Total (XLG), cut from its top 50 First Tr Exchange-Traded Fd (FIW), Vanguard Index Fds (VTI) (-99.7% shares), Ishares Tr (LQD) (-99.0% shares) and Schwb US Broad (SCHB) (-96.1% shares), compared with its Q1 2026 filing.

How has Gallagher Fiduciary Advisors, LLC's portfolio performed?

A portfolio copying Gallagher Fiduciary Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +1.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: -0.1% against +20.1%. Over 5 years: +5.5% a year against +11.6%.

When is Gallagher Fiduciary Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Gallagher Fiduciary Advisors, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Gallagher Fiduciary Advisors, LLC manage?

Gallagher Fiduciary Advisors, LLC reported $194.8B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $3.0B.