LIDO ADVISORS LLC
Q4 2025 Form 13-F
LOS ANGELES, CALIFORNIA
CIK 0001650150
· CRD 269866
· SEC-registered investment adviser
Consolidated report · includes
3 managers
since Q3 2022
$33.5B Reported Value Total
LIDO reports 27,931 total accounts under management (AUM). There are 26,080 discretionary accounts valued at $27,791,682,017, and 1,851 non-discretionary accounts valued at $1,288,655,929.
Source: Form ADV filed * Note that certain holdings are exempt from Form 13-F reporting, so the AUM totals may be greater than the Form 13-F total.
Private funds (Form ADV)
23 funds
· $684.0M gross asset value
Hedge Fund: $418.2M · Other: $143.7M · Private Equity Fund: $109.9M · Venture Capital Fund: $12.1M
Source: Form ADV filed 2026-10-29
Reported value
$33.5B
Quarter over quarter
+1.9%
Holdings
1,667
Top-10 concentration
46.7%
Filing Structure
Reports holdings for
- Enterprise Trust & Investment Co · File #028-19560 · since Q3 2022
- IDB Lido Wealth, LLC (not a 13F filer in our records) · File #028-24168 · since Q1 2024
- FIFTH AVENUE FAMILY OFFICE (not a 13F filer in our records) · since Q1 2024 · declared by one filing
- Fountainhead AM LLC · File #028-20706 · Q4 2025 – Q1 2026 · declared by one filing
- TrustBank · File #028-26149 · Q4 2025 – Q1 2026 · declared by one filing
- Sargent Bickham Lagudis LLC · Q1 2023 – Q4 2023 · declared by one filing
- IDB Lido Wealth, LLC (not a 13F filer in our records) · Q4 2023 – Q4 2023 · declared by one filing
Key People
Form ADV owners & control persons
Gregory Paul Kushner
PRESIDENT/CHIEF COMPLIANCE OFFICER
Stacy Lynn Beattie
CHIEF OPERATING OFFICER
Alexandra Marie Browne
SENIOR MANAGING DIRECTOR & CHIEF DEVELOPMENT OFFICER
Filing Navigation
13F Metrics
Loading 13F Metrics
Q4 2025 13F record
Q4 2025 13F filing summary
| Period of report | December 31, 2025 |
|---|---|
| Filed | February 10, 2026 |
| Form | 13F-HR |
| Reported value | $33.5B |
| Positions | 1,667 |
| Change in reported value | +4.8% |
| New positions | 120 |
| Exited positions | 24 |
| Position turnover | 8.5% |
| Top-10 concentration | 46.7% |
13F filings by quarter
| Quarter | Positions | Value |
|---|---|---|
|
Q2 2026 13F
Filed Aug 7, 2026
|
1,847 | $36.8B |
|
Q1 2026 13F
Filed May 13, 2026
|
1,741 | $32.7B |
|
Q4 2025 13F
Filed Feb 10, 2026
|
1,667 | $33.5B |
|
Q3 2025 13F
Filed Nov 14, 2025
|
1,570 | $31.9B |
|
Q2 2025 13F
Filed Aug 13, 2025
|
1,441 | $25.7B |
|
Q1 2025 13F
Filed May 15, 2025
|
1,358 | $22.2B |
|
Q4 2024 13F
Filed Feb 14, 2025
|
1,318 | $22.0B |
|
Q3 2024 13F
Filed Nov 14, 2024
|
1,253 | $20.1B |
|
Q2 2024 13F
Filed Aug 15, 2024
|
1,210 | $18.0B |
|
Q1 2024 13F
Filed May 15, 2024
|
1,200 | $17.0B |
|
Q4 2023 13F
Filed Feb 14, 2024
|
1,155 | $14.8B |
|
Q3 2023 13F
Filed Nov 14, 2023
|
1,021 | $13.1B |
|
Q2 2023 13F
Filed Aug 9, 2023
|
1,028 | $14.0B |
|
Q1 2023 13F
Filed May 15, 2023
|
977 | $10.3B |
|
Q4 2022 13F
Filed Feb 14, 2023
|
843 | $8.2B |
|
Q3 2022 13F
Filed Nov 14, 2022
|
824 | $8.0B |
|
Q2 2022 13F
Filed Aug 15, 2022
|
812 | $7.5B |
|
Q1 2022 13F
Filed May 17, 2022
|
869 | $9.0B |
|
Q4 2021 13F
Filed Feb 15, 2022
|
872 | $9.2B |
|
Q3 2021 13F
Filed Nov 12, 2021
|
849 | $7.2B |
22 earlier quarters on file — choose one from the quarter menu above.
Top 20 holdings · Q4 2025
| # | Holding | Reported value | % of portfolio |
|---|---|---|---|
| 1 | SPY C SPDR S&P 500 ETF TR | $3.9B | 11.67% |
| 2 | SPY P SPDR S&P 500 ETF TR | $3.0B | 8.83% |
| 3 | SPY SPDR S&P 500 ETF TR | $2.3B | 6.9% |
| 4 | BSCR INVESCO EXCH TRD SLF IDX FD | $1.3B | 3.94% |
| 5 | AAPL APPLE INC | $1.1B | 3.41% |
| 6 | BSCQ INVESCO EXCH TRD SLF IDX FD | $1.1B | 3.37% |
| 7 | NVDA NVIDIA CORPORATION | $996.9M | 2.98% |
| 8 | MSFT MICROSOFT CORP | $948.7M | 2.84% |
| 9 | FTEC FIDELITY COVINGTON TRUST | $466.7M | 1.4% |
| 10 | IVW ISHARES TR | $459.6M | 1.37% |
| 11 | AMZN AMAZON COM INC | $403.2M | 1.21% |
| 12 | IVE ISHARES TR | $386.8M | 1.16% |
| 13 | VOO VANGUARD INDEX FDS | $317.5M | 0.95% |
| 14 | IVV ISHARES TR | $307.2M | 0.92% |
| 15 | GOOGL ALPHABET INC | $305.7M | 0.91% |
| 16 | ITOT ISHARES TR | $264.7M | 0.79% |
| 17 | AVGO BROADCOM INC | $247.6M | 0.74% |
| 18 | QQQ INVESCO QQQ TR | $235.0M | 0.7% |
| 19 | AAPL P APPLE INC | $224.0M | 0.67% |
| 20 | FNCL FIDELITY COVINGTON TRUST | $206.8M | 0.62% |
Values as reported on the Q4 2025 Form 13F. Every position is in the holdings table below.