Q2 2026 13F · SEC CIK 2011314

LM Advisors LLC

Wealth managerFiled 2026-08-12 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $866.4M
Reported positions: 224
Top holdings a year, 3 yrs: +12.8%
Assets under management: $2.9B

LM Advisors LLC is a wealth manager that reported 224 positions worth $866.4M in its Q2 2026 13F, filed 2026-08-12. Its largest holdings were Invesco Qqq Tr (QQQ, 8.1%), Vanguard Index Fds (VOO, 7.6%), State Str Spdr S&p 500 ETF T (SPY, 7.1%). A portfolio copying its top holdings returned 12.8% a year over the last 3 years, against 14.5% for the S&P 500.

LM Advisors LLC holdings largest 50 of 224 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.

LM Advisors LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
QQQInvesco Qqq Tr	8.1%	1.3%	95,440	+107.0%	$70.3M
VOOVanguard Index Fds	7.6%	1.5%	96,457	+71.9%	$66.2M
SPYState Str Spdr S&p 500 ETF T	7.1%	5.0%	325,178	+522.6%	$61.1M
AMZNAmazon Com Inc	6.7%	4.1%	243,364	+353.9%	$58.1M
GOOGAlphabet Inc	5.5%	2.2%	135,276	+246.3%	$47.8M
OMFLInvesco Exch Trd Slf Idx Fd	4.5%	9.4%	574,567	+1508.3%	$39.3M
AAPLApple Inc	3.4%	1.6%	100,835	+287.1%	$29.1M
BRK-BBerkshire Hathaway Inc Del	3.0%	0.6%	52,278	+177.8%	$26.1M
VIGVanguard Specialized Funds	2.7%	1.6%	100,570	+362.5%	$23.8M
DIASpdr Dow Jones Indl Average	2.5%	0.6%	42,166	+150.6%	$22.0M
GOOGLAlphabet Inc	1.9%	0.8%	46,830	+235.6%	$16.7M
TQQQProshares Tr	1.9%	—	198,872	—	$16.1M
MSFTMicrosoft Corp	1.7%	0.6%	40,679	+190.5%	$15.2M
RSPInvesco Exchange Traded Fd T	1.5%	1.0%	61,567	+397.7%	$13.1M
VTIVanguard Index Fds	1.4%	0.6%	33,873	+201.9%	$12.5M
VHTVanguard World Fd	1.1%	—	30,901	—	$9.3M
METAMeta Platforms Inc	1.0%	—	15,715	—	$8.9M
IWVIshares Tr	1.0%	—	19,334	—	$8.2M
SPXLDirexion Shares ETF Trust	0.9%	—	30,340	—	$8.2M
GLDSpdr Gold Tr	0.9%	—	21,243	—	$7.8M
AVGOBroadcom Inc	0.9%	—	19,974	—	$7.5M
NVDANvidia Corporation	0.9%	0.6%	37,422	+479.8%	$7.5M
PANWPalo Alto Networks Inc	0.9%	—	21,871	—	$7.4M
DGRWWisdomtree Tr	0.8%	1.1%	73,417	+1090.3%	$7.0M
LLYEli Lilly & Co	0.8%	—	5,649	—	$6.8M
BRK-ABerkshire Hathaway Inc Del	0.8%	—	9	—	$6.7M
IEMGIshares Inc	0.7%	1.0%	71,507	+1448.4%	$5.9M
YSEPFirst Tr Exchng Traded Fd Vi	0.6%	3.2%	199,617	+3689.2%	$5.5M
WMTWalmart Inc	0.6%	0.7%	47,412	+731.4%	$5.4M
FFEBFirst Tr Exchng Traded Fd Vi	0.6%	1.4%	87,276	+1611.0%	$5.3M
PLTRPalantir Technologies Inc	0.6%	0.7%	42,778	+573.4%	$5.0M
COSTCostco Wholesale Corporation	0.6%	—	5,258	—	$5.0M
IEFAIshares Tr	0.6%	0.7%	51,023	+1168.6%	$4.9M
JPMJpmorgan Chase & Co	0.5%	—	13,918	—	$4.6M
EEMVIshares Inc	0.5%	0.9%	60,239	+1284.8%	$4.5M
TSLATesla Inc	0.5%	—	10,434	—	$4.4M
GSGoldman Sachs Group Inc	0.5%	—	4,190	—	$4.2M
XJUNFirst Tr Exchng Traded Fd Vi	0.5%	1.5%	92,063	+2199.9%	$4.1M
NACNuveen Ca Divi Adv Mun	0.5%	5.2%	334,729	+8589.7%	$4.1M
WFC-PLWells Fargo & Co	0.5%	—	3,458	—	$4.0M
VWOVanguard Intl Equity Index F	0.5%	1.1%	66,863	+1726.9%	$4.0M
SDVYFirst Tr Exchange Traded Fd	0.4%	1.4%	88,429	+2439.6%	$3.8M
IAUIshares Gold Tr	0.4%	0.8%	50,452	+1013.0%	$3.8M
XLFSelect Sector Spdr Tr	0.4%	0.6%	69,791	+3421.2%	$3.7M
UPROProshares Tr	0.4%	—	25,898	—	$3.7M
NADNuveen Quality Muncp Income	0.4%	4.7%	300,845	+8699.2%	$3.6M
VTVVanguard Index Fds	0.4%	—	16,586	—	$3.6M
XLVSelect Sector Spdr Tr	0.4%	—	22,350	—	$3.6M
IBITIshares Bitcoin Trust ETF	0.4%	1.4%	95,285	+2662.7%	$3.2M
BACBank of Amer Corp	0.4%	0.8%	55,337	+2130.4%	$3.2M

What LM 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.

Added to

NAD Nuveen Quality Muncp Income+8699.2% shares
NAC Nuveen Ca Divi Adv Mun+8589.7% shares
YSEP First Tr Exchng Traded Fd Vi+3689.2% shares
XLF Select Sector Spdr Tr+3421.2% shares
IBIT Ishares Bitcoin Trust ETF+2662.7% shares
SDVY First Tr Exchange Traded Fd+2439.6% shares
XJUN First Tr Exchng Traded Fd Vi+2199.9% shares
BAC Bank of Amer Corp+2130.4% shares

Reduced

No position shrank by more than 5%.

Left the top 50

OBDC Blue Owl Capital Corp.was 2.8%
MHD Blackrock Muniholdings Fd inwas 2.5%
SOFI Sofi Technologies Incwas 1.7%
ACP Abrdn Income Credit Strategiwas 1.4%
BSV Vanguard Bd Index Fdswas 1.2%
MSDL Morgan Stanley Direct Lending Fundwas 1.2%
GJAN First Tr Exchng Traded Fd Viwas 1.0%
GBDC Golub Cap Bdc Inc Comwas 0.9%

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: +3.2% /yr; S&P 500 +11.7%
3 years: +12.8% /yr; S&P 500 +14.5%
5 years: —

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	$866.4M	224
Q1 2026	$6.3M	212
Q4 2025	$5.6M	210
Q3 2025	$694.2M	207
Q2 2025	$776.9M	184
Q1 2025	$555.4M	215
Q4 2024	$558.9M	186
Q3 2024	$492.0M	171
Q2 2024	$61.8B	193
Q1 2024	$629.9M	232
Q4 2023	$497.2M	735

Questions about LM Advisors LLC's portfolio

What stocks does LM Advisors LLC own?

LM Advisors LLC's latest 13F, for Q2 2026 and filed Aug 12, 2026, lists 224 positions worth $866.4M. The largest are Invesco Qqq Tr (QQQ) at 8.1%, Vanguard Index Fds (VOO) at 7.6%, State Str Spdr S&p 500 ETF T (SPY) at 7.1%, Amazon Com Inc (AMZN) at 6.7% and Alphabet Inc (GOOG) at 5.5%.

What did LM Advisors LLC buy last quarter?

In Q2 2026, LM Advisors LLC added Nuveen Quality Muncp Income (NAD) (+8699.2% shares), Nuveen Ca Divi Adv Mun (NAC) (+8589.7% shares) and First Tr Exchng Traded Fd Vi (YSEP) (+3689.2% shares), compared with its Q1 2026 filing.

What did LM Advisors LLC sell last quarter?

In Q2 2026, LM Advisors LLC cut from its top 50 Blue Owl Capital Corp. (OBDC), cut from its top 50 Blackrock Muniholdings Fd in (MHD), cut from its top 50 Sofi Technologies Inc (SOFI), cut from its top 50 Abrdn Income Credit Strategi (ACP) and cut from its top 50 Vanguard Bd Index Fds (BSV), compared with its Q1 2026 filing.

How has LM Advisors LLC's portfolio performed?

A portfolio copying LM Advisors LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.8% a year over the last 3 years, against +14.5% for the S&P 500. Over 1 year: +3.2% against +11.7%.

When is LM Advisors LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. LM 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 LM Advisors LLC manage?

LM Advisors LLC reported $2.9B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $866.4M.