Kovack Advisors, Inc.
Long book
$1.87B
Q1 2026
Positions
1011
Top-10 weight
23%
concentration
Last quarter
+13.4%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsKovack Advisors, Inc. is an institutional manager, running a $1.87B US long book across 1011 positions.
The portfolio is broadly diversified across 1011 positions (top 10 only 23%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, ISHARES CORE S&P 500 ETF, AMAZON.COM INC, SS SPDR S&P 500 ETF TRUST-US.
Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.8%
Q2 2024
+5.8%
Q3 2024
+3.6%
Q4 2024
-4.7%
Q1 2025
+10.8%
Q2 2025
+9.1%
Q3 2025
+2.2%
Q4 2025
-2.1%
Q1 2026
+13.4%
Sector allocation
Technology 44%
Industrials 12%
Consumer discretionary 10%
Financials 8%
Healthcare 7%
Other 4%
Energy 4%
Utilities 4%
Long book by quarter
What does Kovack Advisors, own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 466.7K | $82.4M | 4.4% | -19.8% |
| AAPL APPLE INC | Technology | 233.3K | $59.4M | 3.2% | -17.7% |
| AMZN AMAZON.COM INC | Consumer discretionary | 221.8K | $46.4M | 2.5% | -18.6% |
| MSFT MICROSOFT CORP | Technology | 84.0K | $31.1M | 1.7% | -16.7% |
| TSLA TESLA INC | Industrials | 65.0K | $24.4M | 1.3% | -2.3% |
| GOOGL ALPHABET INC-CL A | Technology | 65.1K | $19.2M | 1.0% | -34.9% |
| AVGO BROADCOM INC | Technology | 60.8K | $19.0M | 1.0% | -24.2% |
| GOOG ALPHABET INC-CL C | Technology | 54.1K | $15.8M | 0.8% | -6.6% |
| MSTR 8 PERP STRATEGY INC | — | 202.0K | $14.4M | 0.8% | +10.9% |
| META META PLATFORMS INC-CLASS A | Technology | 24.2K | $14.2M | 0.8% | -12.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 28.2K | $13.5M | 0.7% | -8.8% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 83.9K | $12.4M | 0.7% | -11.5% |
| XOM EXXON MOBIL CORP | Energy | 70.6K | $11.6M | 0.6% | -2.0% |
| WMT WALMART INC | Consumer discretionary | 82.1K | $10.2M | 0.5% | +2.9% |
| IBOC INTERNATIONAL BANCSHARES CRP | Financials | 140.2K | $9.5M | 0.5% | -6.9% |
| ADTN ADTRAN HOLDINGS INC | Technology | 736.0K | $9.4M | 0.5% | -2.3% |
| LLY ELI LILLY & CO | Healthcare | 9.5K | $8.8M | 0.5% | +28.1% |
| CVX CHEVRON CORP | Energy | 40.1K | $8.0M | 0.4% | -31.4% |
| HD HOME DEPOT INC | Consumer discretionary | 24.3K | $8.0M | 0.4% | -24.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 7.8K | $7.8M | 0.4% | -1.4% |
| JPM JPMORGAN CHASE & CO | Financials | 25.3K | $7.5M | 0.4% | -38.9% |
| ABBV ABBVIE INC | Healthcare | 29.8K | $6.4M | 0.3% | -3.5% |
| LRCX LAM RESEARCH CORP | Industrials | 29.1K | $6.3M | 0.3% | -6.1% |
| SHOP SHOPIFY INC - CLASS A | Technology | 52.4K | $6.2M | 0.3% | -0.5% |
| ET ENERGY TRANSFER LP | Utilities | 297.8K | $5.7M | 0.3% | +108.2% |
| ORCL ORACLE CORP | Technology | 37.9K | $5.6M | 0.3% | +26.2% |
| MU MICRON TECHNOLOGY INC | Technology | 17.9K | $5.6M | 0.3% | +30.1% |
| GEV GE VERNOVA INC | Industrials | 6.2K | $5.5M | 0.3% | +18.0% |
| CAT CATERPILLAR INC | Industrials | 7.7K | $5.5M | 0.3% | +9.9% |
| GS GOLDMAN SACHS GROUP INC | Financials | 6.3K | $5.4M | 0.3% | -36.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 22.0K | $5.4M | 0.3% | -39.0% |
| PYPL PAYPAL HOLDINGS INC | Services media | 114.1K | $5.2M | 0.3% | +65.1% |
| NOW SERVICENOW INC | Technology | 48.0K | $5.0M | 0.3% | -16.6% |
| AMD ADVANCED MICRO DEVICES | Technology | 23.7K | $4.9M | 0.3% | -21.5% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 12.3K | $4.8M | 0.3% | -23.0% |
| T AT&T INC | Communications | 168.5K | $4.8M | 0.3% | +2.9% |
| MRK MERCK & CO. INC. | Healthcare | 37.8K | $4.5M | 0.2% | +75.4% |
| FSK FS KKR CAPITAL CORP | — | 416.8K | $4.2M | 0.2% | +41.5% |
| NFLX NETFLIX INC | Services media | 42.2K | $4.0M | 0.2% | -21.1% |
| CSCO CISCO SYSTEMS INC | Technology | 51.7K | $4.0M | 0.2% | +63.2% |
| ETN EATON CORP PLC | Industrials | 11.0K | $4.0M | 0.2% | +54.2% |
| MSTR STRATEGY INC | Financials | 31.5K | $3.9M | 0.2% | -4.2% |
| VRT VERTIV HOLDINGS CO-A | Technology | 15.3K | $3.9M | 0.2% | -72.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 13, 2026 | 1011 | $1.87B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR/ARESTATEMENT | Feb 17, 2026 | 1013 | $2.15B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 12, 2026 | 861 | $1.31B | SEC ↗ | |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 611 | $1.06B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 4, 2025 | 618 | $1.02B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 577 | $944.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 5, 2025 | 610 | $1.02B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 586 | $944.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 5, 2024 | 572 | $908.7M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 19, 2024 | 472 | $825.9M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P