RAYMOND JAMES FINANCIAL INC
Long book
$324.24B
Q1 2026
Positions
5128
Top-10 weight
21%
concentration
Last quarter
+11.4%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsRAYMOND JAMES FINANCIAL INC is a bank/brokerage whose filings mix client and house positions, running a $324.24B US long book across 5128 positions.
The portfolio is broadly diversified across 5128 positions (top 10 only 21%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE U.S. AGGREGATE, APPLE INC, MICROSOFT CORP, NVIDIA CORP.
Over the last 6 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 2 of 6 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q4 2024
-2.6%
Q1 2025
+8.5%
Q2 2025
+6.5%
Q3 2025
+1.7%
Q4 2025
-1.3%
Q1 2026
+11.4%
Sector allocation
Technology 31%
Financials 13%
Industrials 12%
Consumer discretionary 11%
Healthcare 9%
Utilities 5%
Services media 5%
Energy 5%
Long book by quarter
What does RAYMOND JAMES own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 30.1M | $7.65B | 2.4% | +0.3% |
| MSFT MICROSOFT CORP | Technology | 17.7M | $6.56B | 2.0% | +2.8% |
| NVDA NVIDIA CORP | Technology | 35.0M | $6.10B | 1.9% | +1.4% |
| AVGO BROADCOM INC | Technology | 16.3M | $5.03B | 1.6% | +1.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 21.2M | $4.42B | 1.4% | +1.4% |
| JPM JPMORGAN CHASE & CO | Financials | 14.5M | $4.25B | 1.3% | +0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 13.2M | $3.78B | 1.2% | -1.2% |
| WMT WALMART INC | Consumer discretionary | 24.1M | $3.00B | 0.9% | -2.4% |
| JNJ JOHNSON & JOHNSON | Healthcare | 10.2M | $2.50B | 0.8% | -1.2% |
| META META PLATFORMS INC-CLASS A | Technology | 3.9M | $2.21B | 0.7% | +5.4% |
| GOOG ALPHABET INC-CL C | Technology | 7.5M | $2.16B | 0.7% | +0.5% |
| ABBV ABBVIE INC | Healthcare | 9.6M | $2.09B | 0.6% | +2.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 4.2M | $2.03B | 0.6% | -1.3% |
| ETN EATON CORP PLC | Industrials | 5.5M | $1.97B | 0.6% | +3.4% |
| HD HOME DEPOT INC | Consumer discretionary | 5.8M | $1.92B | 0.6% | +1.8% |
| V VISA INC-CLASS A SHARES | Services media | 5.5M | $1.66B | 0.5% | +0.1% |
| ADI ANALOG DEVICES INC | Technology | 4.9M | $1.54B | 0.5% | +0.5% |
| CVX CHEVRON CORP | Energy | 7.3M | $1.51B | 0.5% | +5.7% |
| LLY ELI LILLY & CO | Healthcare | 1.6M | $1.49B | 0.5% | +9.1% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 29.3M | $1.47B | 0.5% | +3.0% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 3.4M | $1.46B | 0.5% | 0.0% |
| XOM EXXON MOBIL CORP | Energy | 8.5M | $1.44B | 0.4% | -6.1% |
| MPC MARATHON PETROLEUM CORP | Energy | 5.8M | $1.41B | 0.4% | -0.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.4M | $1.40B | 0.4% | +2.3% |
| CB CHUBB LTD | Financials | 4.1M | $1.33B | 0.4% | -1.3% |
| CME CME GROUP INC | Financials | 4.4M | $1.29B | 0.4% | +1.3% |
| NEE NEXTERA ENERGY INC | Utilities | 13.1M | $1.21B | 0.4% | +1.7% |
| UNP UNION PACIFIC CORP | Industrials | 4.4M | $1.07B | 0.3% | +6.1% |
| KO COCA-COLA CO/THE | Consumer staples | 12.8M | $972.6M | 0.3% | +5.5% |
| TSLA TESLA INC | Industrials | 2.6M | $960.6M | 0.3% | +5.6% |
| RTX RTX CORP | Industrials | 4.9M | $944.1M | 0.3% | -7.8% |
| TJX TJX COMPANIES INC | Consumer discretionary | 5.9M | $943.6M | 0.3% | -1.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 6.5M | $941.1M | 0.3% | +5.0% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 3.2M | $926.9M | 0.3% | +6.8% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 7.0M | $922.8M | 0.3% | +0.2% |
| WFC WELLS FARGO & CO | Financials | 11.2M | $884.7M | 0.3% | +9.5% |
| NFLX NETFLIX INC | Services media | 8.9M | $859.6M | 0.3% | +8.7% |
| T AT&T INC | Communications | 29.1M | $843.5M | 0.3% | +10.6% |
| GEV GE VERNOVA INC | Industrials | 926.9K | $808.4M | 0.2% | +7.6% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 4.9M | $806.6M | 0.2% | +5.5% |
| UNH UNITEDHEALTH GROUP INC | Financials | 3.0M | $805.9M | 0.2% | -3.6% |
| CMI CUMMINS INC | Industrials | 1.5M | $802.3M | 0.2% | -3.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 2.6M | $800.9M | 0.2% | +6.4% |
| MRK MERCK & CO. INC. | Healthcare | 6.6M | $791.9M | 0.2% | -5.0% |
| CSCO CISCO SYSTEMS INC | Technology | 10.1M | $783.0M | 0.2% | +2.8% |
| GS GOLDMAN SACHS GROUP INC | Financials | 892.7K | $748.8M | 0.2% | -5.1% |
| MA MASTERCARD INC - A | Services media | 1.5M | $740.9M | 0.2% | -3.5% |
| ORCL ORACLE CORP | Technology | 5.0M | $730.2M | 0.2% | +5.2% |
| CAT CATERPILLAR INC | Industrials | 1.0M | $726.1M | 0.2% | +0.7% |
| AMD ADVANCED MICRO DEVICES | Technology | 3.5M | $711.5M | 0.2% | +3.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 13521 | $324.42B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 18, 2026 | 13038 | $321.41B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 12998 | $311.10B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 15750 | $290.50B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 13, 2025 | 12427 | $265.66B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | Apr 23, 2025 | 12438 | $270.84B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | Feb 13, 2025 | 4739 | $269.46B | SEC ↗ | |
| Q4 2024 | 13F-HR | Feb 6, 2025 | 4739 | $269.46B | SEC ↗ |