NBZ Investment Advisors LLC's Q4 2025 13F: 5 new positions, 3 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 3, 2026 · 61 reported positions · accession 0001398344-26-001994
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New |
PROFESIONALLY MANAGED PORTFO (AKRE)
new — newly listed security (e.g. spin-off)
|
— | 8.4% | +8.4 pts | +293K sh | new |
| New | PROSHARES TR (SSO) | — | 6.9% | +6.9 pts | +272K sh | new |
| Reduced | SPDR SERIES TRUST (SPYM) | 15.5% | 7.1% | −8.4 pts | −175K sh | −46% |
| New | RBB FUND TRUST (FEGE) | — | 3.5% | +3.5 pts | +176K sh | new |
| Increased | AMPLIFY ETF TR (DIVO) | 11.1% | 10.0% | −1.1 pts | +39,069 sh | +8% |
| Increased | JANUS DETROIT STR TR (JAAA) | 6.6% | 6.2% | −0.4 pts | +34,158 sh | +14% |
| Increased | INNOVATOR ETFS TRUST (BALT) | 7.6% | 7.1% | −0.4 pts | +48,145 sh | +11% |
| Increased | INVESCO EXCHANGE TRADED FD T (XMHQ) | 6.1% | 5.5% | −0.7 pts | +10,896 sh | +10% |
| Increased | T ROWE PRICE ETF INC (TSPA) | 6.4% | 5.9% | −0.5 pts | +23,614 sh | +8% |
| Increased | INVESCO EXCHANGE TRADED FD T (XSMO) | 6.2% | 5.5% | −0.8 pts | +12,476 sh | +8% |
| Increased | TIDAL TRUST I (GRNY) | 6.8% | 6.0% | −0.8 pts | +34,827 sh | +7% |
| Reduced | ALPHABET INC (GOOG) | 1.3% | 1.0% | −0.3 pts | −2,642 sh | −27% |
| Increased | CAPITOL SER TR (TACK) | 4.6% | 4.2% | −0.5 pts | +23,681 sh | +8% |
| Reduced | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.4% | 0.1% | −0.3 pts | −1,245 sh | −73% |
| Reduced | APPLE INC (AAPL) | 1.9% | 1.4% | −0.5 pts | −2,196 sh | −16% |
| Reduced | MICROSOFT CORP (MSFT) | 1.0% | 0.6% | −0.4 pts | −825 sh | −22% |
| Increased | AIM ETF PRODUCTS TRUST (OCTU) | 0.0% | 0.2% | +0.2 pts | +13,160 sh | +1136% |
| Increased | T ROWE PRICE ETF INC (TCHP) | 1.4% | 1.3% | −0.1 pts | +5,797 sh | +10% |
| New | AIM ETF PRODUCTS TRUST (JANU) | — | 0.1% | +0.1 pts | +8,405 sh | new |
| New | ANNALY CAPITAL MANAGEMENT IN (NLY) | — | 0.1% | +0.1 pts | +10,000 sh | new |
| Increased | INVESCO QQQ TR (QQQ) | 1.1% | 1.0% | −0.1 pts | +352 sh | +10% |
| Exited | FLOWERS FOODS INC (FLO) | 0.1% | — | −0.1 pts | −11,700 sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 1.3% | 1.0% | −0.3 pts | −975 sh | −7% |
| Reduced | ISHARES TR (MAXJ) | 0.4% | 0.2% | −0.1 pts | −5,839 sh | −23% |
| Exited | DISNEY WALT CO (DIS) | 0.1% | — | −0.1 pts | −1,173 sh | −100% |
| Increased | ISHARES TR (SGOV) | 0.4% | 0.4% | 0.0 pts | +1,492 sh | +22% |
| Reduced | AMERICAN EXPRESS CO (AXP) | 0.9% | 0.8% | −0.1 pts | −166 sh | −3% |
| Reduced | ARK ETF TR (ARKK) | 3.4% | 2.5% | −0.9 pts | −789 sh | −1% |
| Reduced | AIM ETF PRODUCTS TRUST (FEBU) | 3.9% | 3.3% | −0.6 pts | −1,670 sh | −1% |
| Reduced | TESLA INC (TSLA) | 0.3% | 0.2% | −0.1 pts | −85 sh | −7% |
| Exited | INVESCO EXCHANGE TRADED FD T (RSP) | 0.0% | — | 0.0 pts | −135 sh | −100% |
| Reduced | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 0.2% | 0.2% | 0.0 pts | −80 sh | −5% |
| Reduced | SCHWAB STRATEGIC TR (SCHB) | 4.2% | 3.6% | −0.6 pts | −708 sh | 0% |
| Reduced | META PLATFORMS INC (META) | 0.2% | 0.1% | −0.1 pts | −25 sh | −5% |
| New | AIM ETF PRODUCTS TRUST (DECU) | — | 0.0% | 0.0 pts | +347 sh | new |
| Increased | PINNACLE FINL PARTNERS INC (PNFP) | 0.3% | 0.2% | 0.0 pts | +50 sh | +1% |
| Reduced | CALAMOS ETF TR (CBTJ) | 0.5% | 0.3% | −0.2 pts | −183 sh | −1% |
| Reduced | PFIZER INC (PFE) | 0.3% | 0.2% | −0.1 pts | −146 sh | −1% |
| Reduced | WELLS FARGO CO NEW (WFC) | 0.5% | 0.5% | 0.0 pts | −39 sh | 0% |
| Increased | SCHWAB STRATEGIC TR (SCHM) | 0.9% | 0.8% | −0.1 pts | +109 sh | 0% |
| Increased | ALPHABET INC (GOOGL) | 0.0% | 0.0% | 0.0 pts | +1 sh | +1% |
| Increased | INVESCO EXCHANGE TRADED FD T (SPGP) | 0.0% | 0.0% | 0.0 pts | +1 sh | 0% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 68.5% of the equity book
Changes in the top 10 this quarter: AKRE entered · SSO entered · TACK left · SCHB left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AMPLIFY ETF TR (DIVO) | 11.1% | 10.0% | |
| 2 | PROFESIONALLY MANAGED PORTFO (AKRE) | 0.0% | 8.4% | Entered the top 10 |
| 3 | INNOVATOR ETFS TRUST (BALT) | 7.6% | 7.1% | |
| 4 | SPDR SERIES TRUST (SPYM) | 15.5% | 7.1% | |
| 5 | PROSHARES TR (SSO) | 0.0% | 6.9% | Entered the top 10 |
| 6 | JANUS DETROIT STR TR (JAAA) | 6.6% | 6.2% | |
| 7 | TIDAL TRUST I (GRNY) | 6.8% | 6.0% | |
| 8 | T ROWE PRICE ETF INC (TSPA) | 6.4% | 5.9% | |
| 9 | INVESCO EXCHANGE TRADED FD T (XSMO) | 6.2% | 5.5% | |
| 10 | INVESCO EXCHANGE TRADED FD T (XMHQ) | 6.1% | 5.5% | |
| — | CAPITOL SER TR (TACK) | 4.6% | 4.2% | Left the top 10 |
| — | SCHWAB STRATEGIC TR (SCHB) | 4.2% | 3.6% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Exited | DISNEY WALT CO (DIS) | Call | 600 | 0 | $0 |
| New | META PLATFORMS INC (META) | Call | 0 | 100 | $66K |
| Increased | NVIDIA CORPORATION (NVDA) | Call | 100 | 300 | $56K |
| Reduced | PINNACLE FINL PARTNERS INC (PNFP) | Call | 1,000 | 600 | $57.2K |
| Exited | ADVANCED MICRO DEVICES INC (AMD) | Call | 200 | 0 | $0 |
| Reduced | PFIZER INC (PFE) | Call | 4,600 | 4,000 | $99.6K |