Richard W. Paul & Associates, LLC

CIK: 0001964203SEC EDGAR →

Portfolio Value

$301.2B

Holdings

294

As of

Q4 2025

New Positions

19

Closed Positions

37

Portfolio Value History

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

ISHARES TR

174,875$17.9B
5.95%
2

ISHARES TR

103,133$17.3B
5.75%
3

ISHARES TR

152,954$15.3B
5.07%
4

ISHARES TR

111,693$13.4B
4.46%
5

ISHARES TR

129,681$11.3B
3.75%
6

ISHARES TR

118,909$10.6B
3.53%
7

J P MORGAN EXCHANGE TRADED F

225,353$10.4B
3.46%
8

PIMCO ETF TR

277,680$7.4B
2.46%
9

INVESCO EXCHANGE TRADED FD T

38,422$7.4B
2.44%
10

INVESCO QQQ TR

11,281$6.9B
2.30%

Quarterly Changes

Top Buys

VYMI↑ Increased
$2.9B
AGG↑ Increased
$2.6B
VYM↑ Increased
$2.1B
BUFDNEW
$2.1B
EMBNEW
$2.0B

Top Sells

BIL↓ Decreased
$3.7B
JEPQCLOSED
$2.3B
JEPICLOSED
$2.2B
DSTL↓ Decreased
$2.1B
ROKU↓ Decreased
$1.5B

New Positions (15)

$2.1B · 75K shares
$2.0B · 20K shares
$2.0B · 43K shares
$1.5B · 67K shares
$1.1B · 8K shares
$438.0M · 2K shares
$373.0M · 876 shares
$31.0M · 474 shares
$15.0M · 58 shares
$14.0M · 129 shares
$14.0M · 549 shares
$11.0M · 174 shares
$10.0M · 378 shares
$4.0M · 71 shares
$1.0M · 13 shares

Closed Positions (37)

$2.3B · 41K shares
$2.2B · 38K shares
$413.9M · 6K shares
$212.3M · 5K shares
$28.9M · 484 shares
$18.1M · 164 shares
$12.0M · 389 shares
$11.3M · 135 shares
$7.7M · 122 shares
$7.7M · 160 shares
$7.3M · 221 shares
$6.7M · 212 shares
$6.5M · 60 shares
$6.1M · 925 shares
$6.0M · 244 shares
$5.8M · 150 shares
$5.7M · 263 shares
$5.6M · 111 shares
$4.5M · 168 shares
$4.3M · 43 shares
$3.7M · 87 shares
$3.6M · 135 shares
$3.2M · 101 shares
$2.9M · 86 shares
$2.6M · 15 shares
$1.9M · 143 shares
$1.8M · 45 shares
$1.8M · 46 shares
$1.3M · 14 shares
$1.2M · 31 shares
$1.1M · 31 shares
$1.1M · 12 shares
$1.0M · 4 shares
$947K · 22 shares
$936K · 32 shares
$901K · 3 shares
$365K · 5 shares

Sector Breakdown

Sector# HoldingsValue%
Financial Services138$195.4B64.9%
Technology33$29.7B9.9%
Unknown11$23.1B7.7%
Healthcare22$14.6B4.8%
Consumer Cyclical23$10.7B3.6%
Communication Services11$9.0B3.0%
Consumer Defensive12$6.9B2.3%
Industrials12$4.5B1.5%
Utilities12$2.9B1.0%
Energy11$2.0B0.7%
Basic Materials4$1.1B0.4%
Real Estate5$1.0B0.3%