Q2 2026 13F · SEC CIK 1728321

Kovack Advisors, Inc.

Wealth managerFiled 2026-07-29 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.1B
Reported positions: 1,070
Top holdings a year, 3 yrs: +23.1%
Assets under management: $6.3B

Kovack Advisors, Inc. is a wealth manager that reported 1,070 positions worth $2.1B in its Q2 2026 13F, filed 2026-07-29. Its largest holdings were Nvidia Corporation (NVDA, 4.4%), Apple Inc (AAPL, 3.1%), Ishares Tr (IVV, 3.0%). A portfolio copying its top holdings returned 23.1% a year over the last 3 years, against 20.4% for the S&P 500.

Kovack Advisors, Inc. holdings largest 50 of 1,070 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.

Kovack Advisors, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation	4.4%	4.4%	458,766	-1.7%	$91.2M
AAPLApple Inc	3.1%	3.2%	221,999	-4.8%	$64.9M
IVVIshares Tr	3.0%	3.0%	82,768	-2.5%	$62.0M
AMZNAmazon Com Inc	2.4%	2.5%	205,750	-7.2%	$49.3M
SPYState Str Spdr S&p 500 ETF T	2.2%	2.1%	62,066	+2.9%	$46.3M
QQQInvesco Qqq Tr	2.0%	1.5%	58,427	+17.2%	$42.6M
VOOVanguard Index Fds	1.9%	1.8%	56,901	+1.1%	$39.0M
MSFTMicrosoft Corp	1.4%	1.7%	78,918	-6.0%	$29.9M
PSLVSprott Physical	1.2%	0.4%	1,270,887	+271.1%	$24.0M
GOOGLAlphabet Inc	1.1%	1.0%	63,635	-2.2%	$22.8M
AVGOBroadcom Inc	1.0%	1.0%	56,816	-6.5%	$21.3M
SPMOInvesco Exch Traded Fd Tr II	0.9%	0.5%	125,282	+51.1%	$19.7M
GOOGAlphabet Inc	0.9%	0.8%	52,169	-3.6%	$18.6M
TSLATesla Inc	0.9%	1.3%	42,398	-34.8%	$17.9M
IDMOInvesco Exch Traded Fd Tr II	0.7%	0.7%	237,623	+2.2%	$14.2M
XLKSelect Sector Spdr Tr	0.7%	0.5%	73,153	+1.2%	$13.7M
BRK-BBerkshire Hathaway Inc Del	0.7%	0.7%	27,240	-3.3%	$13.6M
VIGVanguard Specialized Funds	0.6%	0.6%	56,876	+10.6%	$13.5M
BUFRFirst Tr Exchng Traded Fd Vi	0.6%	0.7%	366,973	-5.7%	$13.4M
METAMeta Platforms Inc	0.6%	0.8%	22,607	-6.6%	$13.3M
AMDAdvanced Micro Devices Inc	0.6%	—	23,540	—	$13.2M
QQQMInvesco Exch Traded Fd Tr II	0.6%	0.5%	43,409	+14.0%	$13.0M
VTIVanguard Index Fds	0.6%	0.6%	35,034	-1.2%	$12.9M
MUMicron Technology Inc	0.6%	—	11,903	—	$12.8M
VTVVanguard Index Fds	0.6%	0.6%	58,639	+1.0%	$12.8M
RDVYFirst Tr Exchange Traded Fd	0.6%	0.6%	154,095	-0.7%	$12.4M
LRCXLam Research Corp	0.6%	—	27,779	—	$11.7M
INTCIntel Corp	0.6%	—	88,380	—	$11.7M
ITOTIshares Tr	0.6%	0.5%	70,549	-0.4%	$11.6M
LLYEli Lilly & Co	0.5%	0.5%	9,377	-0.9%	$11.2M
SCHFSchwab Strategic Tr	0.5%	0.5%	405,350	+5.6%	$11.2M
VUGVanguard Index Fds	0.5%	0.5%	126,623	+520.2%	$10.9M
IBOCInternational Bancshares Corp	0.5%	0.5%	138,943	-0.9%	$10.7M
CGDVCapital Group Dividend Value	0.5%	0.5%	216,386	-5.7%	$10.6M
GLDSpdr Gold Tr	0.5%	0.7%	27,702	-9.0%	$10.2M
DYNFBlackrock ETF Trust	0.5%	0.5%	147,859	-1.8%	$10.0M
ADTNAdtran Holdings Inc	0.5%	0.5%	696,210	-5.4%	$9.5M
PLTRPalantir Technologies Inc	0.5%	0.7%	78,025	-7.0%	$9.4M
WMTWalmart Inc	0.4%	0.5%	83,774	+2.1%	$9.3M
XOMExxon Mobil Corp	0.4%	0.6%	67,192	-4.9%	$9.2M
JAAAJanus Detroit Str Tr	0.4%	—	179,498	—	$9.1M
FDVVFidelity Covington Trust	0.4%	0.4%	147,703	+2.9%	$9.0M
DIASpdr Dow Jones Indl Average	0.4%	0.4%	16,483	+4.1%	$8.6M
CATCaterpillar Inc	0.4%	—	8,311	—	$8.5M
PULSPgim ETF Tr	0.4%	0.5%	172,044	-16.6%	$8.5M
HDHome Depot Inc	0.4%	0.4%	23,997	-1.1%	$8.5M
NBISNebius Group N.v.	0.4%	—	29,949	—	$8.2M
VEAVanguard Ftse Developed Markets Index Fu	0.4%	—	114,179	—	$8.1M
JPMJpmorgan Chase & Co	0.4%	0.4%	24,034	-4.9%	$8.0M
AMATApplied Matls Inc	0.4%	—	11,284	—	$7.9M

What Kovack Advisors, Inc. 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: +17.5% /yr; S&P 500 +20.1%
3 years: +23.1% /yr; S&P 500 +20.4%
5 years: +12.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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	$2.1B	1,070
Q1 2026	$1.9B	1,011
Q4 2025	$2.1B	1,004
Q3 2025	$1.1B	611
Q2 2025	$1.0B	618
Q1 2025	$944.6M	577
Q4 2024	$1.0B	610
Q3 2024	$944.2M	585
Q2 2024	$908.7M	572
Q1 2024	$825.9M	472
Q4 2023	$841.9M	572
Q3 2023	$715.7M	548

Questions about Kovack Advisors, Inc.'s portfolio

What stocks does Kovack Advisors, Inc. own?

Kovack Advisors, Inc.'s latest 13F, for Q2 2026 and filed Jul 29, 2026, lists 1,070 positions worth $2.1B. The largest are Nvidia Corporation (NVDA) at 4.4%, Apple Inc (AAPL) at 3.1%, Ishares Tr (IVV) at 3.0%, Amazon Com Inc (AMZN) at 2.4% and State Str Spdr S&p 500 ETF T (SPY) at 2.2%.

What did Kovack Advisors, Inc. buy last quarter?

In Q2 2026, Kovack Advisors, Inc. added Vanguard Index Fds (VUG) (+520.2% shares), Sprott Physical (PSLV) (+271.1% shares) and Invesco Exch Traded Fd Tr II (SPMO) (+51.1% shares), compared with its Q1 2026 filing.

What did Kovack Advisors, Inc. sell last quarter?

In Q2 2026, Kovack Advisors, Inc. cut from its top 50 Vanguard Scottsdale Fds (VGSH), cut from its top 50 Strategy Inc (STRK), cut from its top 50 Ishares Tr (QUAL), cut from its top 50 Vanguard Intl Equity Index F (VEU), cut from its top 50 First Tr Exchange-Traded Fd (FTSM), Tesla Inc (TSLA) (-34.8% shares), Pgim ETF Tr (PULS) (-16.6% shares) and Spdr Gold Tr (GLD) (-9.0% shares), compared with its Q1 2026 filing.

How has Kovack Advisors, Inc.'s portfolio performed?

A portfolio copying Kovack Advisors, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.5% against +20.1%. Over 5 years: +12.8% a year against +11.6%.

When is Kovack Advisors, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Kovack Advisors, Inc.'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 Kovack Advisors, Inc. manage?

Kovack Advisors, Inc. reported $6.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.1B.