MAI Capital Management
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| SPDR SERIES TRUST | 0 | 791,750 | +791,750 | 0 | 110,179,892 | +110,179,892 |
| SPDR S&P 500 ETF TR | 0 | 928,129 | +928,129 | 0 | 632,909,970 | +632,909,970 |
| APPLE INC | 2,017,871 | 2,166,803 | +148,932 | 513,810,526 | 589,067,041 | +75,256,515 |
| SELECT SECTOR SPDR TR | 0 | 410,714 | +410,714 | 0 | 59,130,451 | +59,130,451 |
| ALPHABET INC | 830,430 | 833,778 | +3,348 | 201,877,537 | 260,972,483 | +59,094,946 |
| SPDR SERIES TRUST | 0 | 1,931,743 | +1,931,743 | 0 | 49,742,376 | +49,742,376 |
| ALPHABET INC | 616,067 | 633,994 | +17,927 | 150,042,998 | 198,947,281 | +48,904,283 |
| SELECT SECTOR SPDR TR | 0 | 232,822 | +232,822 | 0 | 36,040,895 | +36,040,895 |
| ELI LILLY & CO | 84,897 | 91,322 | +6,425 | 64,776,361 | 98,142,232 | +33,365,871 |
| J P MORGAN EXCHANGE TRADED F | 0 | 637,423 | +637,423 | 0 | 32,189,864 | +32,189,864 |
| INVESCO QQQ TR | 363,800 | 407,117 | +43,317 | 218,414,551 | 250,096,094 | +31,681,543 |
| AMAZON COM INC | 1,063,608 | 1,123,277 | +59,669 | 233,536,388 | 259,274,703 | +25,738,315 |
| ISHARES TR | 1,732,964 | 1,730,714 | -2,250 | 1,159,872,604 | 1,185,435,262 | +25,562,658 |
| VANGUARD SCOTTSDALE FDS | 0 | 1,362,424 | +1,362,424 | 0 | 108,626,090 | +108,626,090 |
| VANGUARD TAX-MANAGED FDS | 0 | 4,455,575 | +4,455,575 | 0 | 278,339,795 | +278,339,795 |
| UNITED RENTALS INC | 0 | 26,459 | +26,459 | 0 | 21,413,478 | +21,413,478 |
| ISHARES TR | 505,973 | 712,694 | +206,721 | 48,138,291 | 67,107,296 | +18,969,005 |
| ISHARES GOLD TR | 587,425 | 747,707 | +160,282 | 42,746,918 | 60,691,397 | +17,944,479 |
| BERKSHIRE HATHAWAY INC DEL | 227,920 | 263,356 | +35,436 | 114,584,504 | 132,376,037 | +17,791,533 |
| SELECT SECTOR SPDR TR | 0 | 310,607 | +310,607 | 0 | 17,011,940 | +17,011,940 |
| JOHNSON & JOHNSON | 606,242 | 625,313 | +19,071 | 112,409,387 | 129,408,443 | +16,999,056 |
| SPDR S&P 500 ETF TR(Put) | 0 | 0 | 0 | 0 | 16,434,272 | +16,434,272 |
| EA SERIES TRUST | 0 | 295,035 | +295,035 | 0 | 14,974,615 | +14,974,615 |
| NVIDIA CORPORATION | 1,440,730 | 1,520,148 | +79,418 | 268,811,463 | 283,507,688 | +14,696,225 |
| SELECT SECTOR SPDR TR | 0 | 322,041 | +322,041 | 0 | 14,398,460 | +14,398,460 |
| SPDR SERIES TRUST | 0 | 472,114 | +472,114 | 0 | 13,823,491 | +13,823,491 |
| SELECT SECTOR SPDR TR | 0 | 322,332 | +322,332 | 0 | 13,760,345 | +13,760,345 |
| RTX CORPORATION | 0 | 553,772 | +553,772 | 0 | 101,561,787 | +101,561,787 |
| SELECT SECTOR SPDR TR | 0 | 86,234 | +86,234 | 0 | 13,376,588 | +13,376,588 |
| AUTOMATIC DATA PROCESSING IN | 51,623 | 110,400 | +58,777 | 15,151,396 | 28,398,299 | +13,246,903 |
| INVESCO EXCHANGE TRADED FD T | 571,002 | 633,714 | +62,712 | 108,319,137 | 121,394,244 | +13,075,107 |
| CISCO SYS INC | 982,999 | 1,041,403 | +58,404 | 67,256,779 | 80,219,305 | +12,962,526 |
| SELECT SECTOR SPDR TR | 0 | 164,883 | +164,883 | 0 | 12,808,091 | +12,808,091 |
| ISHARES TR | 2,233,244 | 2,321,693 | +88,449 | 194,984,536 | 207,698,695 | +12,714,159 |
| SPDR SERIES TRUST | 0 | 58,802 | +58,802 | 0 | 12,385,879 | +12,385,879 |
| SELECT SECTOR SPDR TR | 0 | 104,246 | +104,246 | 0 | 12,271,843 | +12,271,843 |
| SSGA ACTIVE ETF TR | 0 | 295,894 | +295,894 | 0 | 11,909,738 | +11,909,738 |
| UNITED PARCEL SERVICE INC | 0 | 157,640 | +157,640 | 0 | 15,636,277 | +15,636,277 |
| SELECT SECTOR SPDR TR | 0 | 292,761 | +292,761 | 0 | 11,812,922 | +11,812,922 |
| VISA INC | 0 | 378,286 | +378,286 | 0 | 132,668,659 | +132,668,659 |
| HENRY JACK & ASSOC INC | 0 | 63,112 | +63,112 | 0 | 11,516,665 | +11,516,665 |
| ISHARES GOLD TR | 32,698 | 296,864 | +264,166 | 1,258,873 | 12,762,184 | +11,503,311 |
| ISHARES TR | 5,315,179 | 5,429,206 | +114,027 | 346,868,581 | 358,327,620 | +11,459,039 |
| LISTED FDS TR | 0 | 251,512 | +251,512 | 0 | 11,182,235 | +11,182,235 |
| SPDR S&P MIDCAP 400 ETF TR | 0 | 265,202 | +265,202 | 0 | 159,990,975 | +159,990,975 |
| CATERPILLAR INC | 45,780 | 56,714 | +10,934 | 21,843,700 | 32,489,556 | +10,645,856 |
| BERKSHIRE HATHAWAY INC DEL | 26 | 40 | +14 | 19,609,200 | 30,192,000 | +10,582,800 |
| VANGUARD SCOTTSDALE FDS | 0 | 1,765,573 | +1,765,573 | 0 | 103,692,106 | +103,692,106 |
| MERCK & CO INC | 290,739 | 323,491 | +32,752 | 24,401,700 | 34,050,639 | +9,648,939 |
| EXXON MOBIL CORP | 508,448 | 556,359 | +47,911 | 57,327,475 | 66,952,185 | +9,624,710 |
| THERMO FISHER SCIENTIFIC INC | 0 | 59,202 | +59,202 | 0 | 34,304,882 | +34,304,882 |
| SPROTT ASSET MANAGEMENT LP | 0 | 302,791 | +302,791 | 0 | 9,998,154 | +9,998,154 |
| J P MORGAN EXCHANGE TRADED F | 619,237 | 805,176 | +185,939 | 31,413,910 | 40,733,837 | +9,319,927 |
| S&P GLOBAL INC | 0 | 31,485 | +31,485 | 0 | 16,453,618 | +16,453,618 |
| TJX COS INC NEW | 0 | 221,915 | +221,915 | 0 | 34,088,333 | +34,088,333 |
| SHERWIN WILLIAMS CO | 0 | 257,907 | +257,907 | 0 | 83,569,514 | +83,569,514 |
| INNOVATOR ETFS TRUST | 20,767 | 167,230 | +146,463 | 1,179,764 | 9,685,952 | +8,506,188 |
| VANGUARD WORLD FD | 0 | 178,934 | +178,934 | 0 | 51,506,227 | +51,506,227 |
| ISHARES INC | 2,181,024 | 2,262,898 | +81,874 | 143,773,110 | 152,112,020 | +8,338,910 |
| JPMORGAN CHASE & CO. | 447,555 | 463,946 | +16,391 | 141,172,401 | 149,492,756 | +8,320,355 |
| PIMCO ETF TR | 23,641 | 105,147 | +81,506 | 2,380,413 | 10,550,411 | +8,169,998 |
| INVESCO EXCH TRD SLF IDX FD | 2,500,032 | 2,907,934 | +407,902 | 49,275,624 | 57,402,611 | +8,126,987 |
| SPDR SERIES TRUST | 0 | 85,660 | +85,660 | 0 | 8,068,282 | +8,068,282 |
| BLUE OWL CAPITAL INC | 212,789 | 779,429 | +566,640 | 3,602,518 | 11,644,664 | +8,042,146 |
| INTUITIVE SURGICAL INC | 40,080 | 45,990 | +5,910 | 14,569,316 | 22,587,941 | +8,018,625 |
| VANGUARD INDEX FDS | 0 | 143,912 | +143,912 | 0 | 90,251,473 | +90,251,473 |
| J P MORGAN EXCHANGE TRADED F | 511,503 | 647,439 | +135,936 | 29,206,797 | 37,059,434 | +7,852,637 |
| INVESCO EXCH TRD SLF IDX FD | 1,674,121 | 2,050,907 | +376,786 | 34,436,667 | 42,248,691 | +7,812,024 |
| ROSS STORES INC | 0 | 49,245 | +49,245 | 0 | 8,871,052 | +8,871,052 |
| WALMART INC | 0 | 623,051 | +623,051 | 0 | 69,414,110 | +69,414,110 |
| SPDR SERIES TRUST | 0 | 223,927 | +223,927 | 0 | 7,570,983 | +7,570,983 |
| ISHARES TR | 0 | 87,850 | +87,850 | 0 | 7,271,311 | +7,271,311 |
| ISHARES TR | 133,346 | 187,872 | +54,526 | 18,989,817 | 25,727,135 | +6,737,318 |
| MARKEL GROUP INC | 574 | 3,528 | +2,954 | 1,097,121 | 7,583,686 | +6,486,565 |
| AMGEN INC | 77,291 | 86,424 | +9,133 | 21,811,385 | 28,287,601 | +6,476,216 |
| FIDELITY COVINGTON TRUST | 68,526 | 95,979 | +27,453 | 15,224,495 | 21,563,656 | +6,339,161 |
| ISHARES TR | 0 | 56,333 | +56,333 | 0 | 6,205,034 | +6,205,034 |
| VANGUARD INDEX FDS | 0 | 280,648 | +280,648 | 0 | 53,600,912 | +53,600,912 |
| APPLIED MATLS INC | 61,878 | 73,117 | +11,239 | 12,668,872 | 18,790,398 | +6,121,526 |
| ISHARES TR | 121,170 | 193,401 | +72,231 | 10,052,281 | 16,017,438 | +5,965,157 |
| SELECT SECTOR SPDR TR | 0 | 49,647 | +49,647 | 0 | 5,928,351 | +5,928,351 |
| VANGUARD INDEX FDS | 0 | 403,542 | +403,542 | 0 | 135,295,449 | +135,295,449 |
| ISHARES TR | 1,460,114 | 1,572,299 | +112,185 | 77,429,819 | 83,143,191 | +5,713,372 |
| ISHARES TR | 2,007,899 | 2,031,625 | +23,726 | 238,598,588 | 244,160,703 | +5,562,115 |
| INNOVATOR ETFS TRUST | 39,668 | 165,010 | +125,342 | 1,709,682 | 7,247,230 | +5,537,548 |
| VANGUARD WHITEHALL FDS | 0 | 66,087 | +66,087 | 0 | 5,947,808 | +5,947,808 |
| ADVANCED MICRO DEVICES INC | 84,885 | 89,715 | +4,830 | 13,733,573 | 19,213,444 | +5,479,871 |
| ISHARES TR | 0 | 32,765 | +32,765 | 0 | 5,432,741 | +5,432,741 |
| GOLDMAN SACHS GROUP INC | 31,101 | 34,298 | +3,197 | 24,767,193 | 30,148,182 | +5,380,989 |
| VANGUARD WHITEHALL FDS | 0 | 108,654 | +108,654 | 0 | 15,594,055 | +15,594,055 |
| FIDELITY COVINGTON TRUST | 394,234 | 606,692 | +212,458 | 10,963,661 | 16,313,956 | +5,350,295 |
| INVESCO EXCH TRD SLF IDX FD | 1,786,790 | 2,067,834 | +281,044 | 33,609,517 | 38,947,664 | +5,338,147 |
| ISHARES TR | 417,559 | 471,988 | +54,429 | 41,860,310 | 47,142,125 | +5,281,815 |
| KIMBERLY-CLARK CORP | 75,146 | 144,822 | +69,676 | 9,343,663 | 14,611,094 | +5,267,431 |
| MICRON TECHNOLOGY INC | 28,952 | 35,105 | +6,153 | 4,844,273 | 10,019,272 | +5,174,999 |
| ABBVIE INC | 546,284 | 576,067 | +29,783 | 126,486,586 | 131,625,438 | +5,138,852 |
| SEMPRA | 0 | 65,705 | +65,705 | 0 | 5,801,127 | +5,801,127 |
| LINCOLN ELEC HLDGS INC | 25,660 | 46,203 | +20,543 | 6,051,472 | 11,072,137 | +5,020,665 |
| ISHARES TR | 885,174 | 981,677 | +96,503 | 47,879,088 | 52,892,782 | +5,013,694 |
| ISHARES TR | 1,020,960 | 1,017,802 | -3,158 | 210,838,410 | 215,845,354 | +5,006,944 |