Sovran Advisors LLC's Q2 2025 13F: 74 new positions, 43 exits
Form 13F-HR for the quarter ended Jun 30, 2025 · filed Jul 10, 2025 · 486 reported positions · accession 0002051471-25-000004
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | ISHARES TR (IVV) | 4.1% | 2.7% | −1.4 pts | −18,649 sh | −31% |
| New | INNOVATOR ETFS TRUST (ZJUL) | — | 1.0% | +1.0 pts | +334K sh | new |
| Reduced | INNOVATOR ETFS TRUST (UDEC) | 1.2% | 0.1% | −1.1 pts | −240K sh | −89% |
| Increased | CAPITAL GRP FIXED INCM ETF T (CGCB) | 0.0% | 0.8% | +0.7 pts | +262K sh | +2040% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.2% | 0.9% | +0.7 pts | +11,400 sh | +298% |
| Increased | T ROWE PRICE ETF INC (TBUX) | 0.0% | 0.5% | +0.5 pts | +94,692 sh | +1950% |
| Increased | CAPITAL GRP FIXED INCM ETF T (CGCP) | 0.8% | 1.1% | +0.3 pts | +201K sh | +77% |
| Increased | BLACKROCK ETF TRUST (THRO) | 0.0% | 0.5% | +0.5 pts | +126K sh | +1845% |
| New | PIMCO EQUITY SER (MFDX) | — | 0.4% | +0.4 pts | +120K sh | new |
| New | J P MORGAN EXCHANGE TRADED F (JBND) | — | 0.4% | +0.4 pts | +75,302 sh | new |
| Increased | ISHARES TR (IWF) | 0.2% | 0.7% | +0.4 pts | +9,368 sh | +173% |
| Increased | CAPITAL GROUP DIVIDEND VALUE (CGDV) | 0.9% | 1.3% | +0.4 pts | +97,356 sh | +48% |
| New | ISHARES U S ETF TR (MEAR) | — | 0.4% | +0.4 pts | +76,775 sh | new |
| Increased | ISHARES TR (EFV) | 1.0% | 1.2% | +0.3 pts | +59,394 sh | +47% |
| Increased | VANGUARD BD INDEX FDS (BND) | 0.2% | 0.5% | +0.3 pts | +49,186 sh | +220% |
| Increased | SYNCHRONY FINANCIAL (SYF) | 0.1% | 0.5% | +0.4 pts | +51,043 sh | +215% |
| Increased | VANGUARD INTL EQUITY INDEX F (VT) | 0.2% | 0.5% | +0.3 pts | +26,729 sh | +204% |
| Reduced | ISHARES TR (IUSB) | 2.5% | 1.7% | −0.8 pts | −75,167 sh | −18% |
| Reduced | INNOVATOR ETFS TRUST (BUFF) | 0.5% | 0.1% | −0.4 pts | −71,934 sh | −77% |
| Increased | COSTCO WHSL CORP NEW (COST) | 0.3% | 0.6% | +0.3 pts | +3,410 sh | +156% |
| Exited | LEGG MASON ETF INVT (LVHI) | 0.3% | — | −0.3 pts | −85,066 sh | −100% |
| Increased | ISHARES TR (SHV) | 0.2% | 0.5% | +0.3 pts | +28,114 sh | +223% |
| Reduced | VANGUARD INDEX FDS (VTI) | 0.5% | 0.2% | −0.3 pts | −9,471 sh | −61% |
| Reduced | INVESCO QQQ TR (QQQ) | 1.3% | 1.0% | −0.3 pts | −5,209 sh | −23% |
| Reduced | CAPITAL GROUP INTL FOCUS EQT (CGXU) | 0.7% | 0.4% | −0.3 pts | −103K sh | −44% |
| Increased | INVESCO EXCHANGE TRADED FD T (PKW) | 0.3% | 0.6% | +0.3 pts | +22,088 sh | +92% |
| New | REGENERON PHARMACEUTICALS (REGN) | — | 0.3% | +0.3 pts | +5,020 sh | new |
| Reduced | ISHARES INC (EMXC) | 0.5% | 0.2% | −0.3 pts | −41,168 sh | −64% |
| Increased | ISHARES INC (IEMG) | 0.4% | 0.7% | +0.2 pts | +42,596 sh | +68% |
| Increased | META PLATFORMS INC (META) | 0.8% | 1.2% | +0.4 pts | +3,550 sh | +29% |
| New | CAPITAL GROUP GLOBAL EQUITY (CGGE) | — | 0.3% | +0.3 pts | +86,038 sh | new |
| Increased | ISHARES TR (AGG) | 0.1% | 0.4% | +0.2 pts | +24,533 sh | +236% |
| Reduced | ARISTA NETWORKS INC (ANET) | 0.4% | 0.2% | −0.2 pts | −23,238 sh | −60% |
| Increased | CAPITAL GROUP GBL GROWTH EQT (CGGO) | 0.1% | 0.3% | +0.2 pts | +74,460 sh | +318% |
| Reduced | INVESCO EXCHANGE TRADED FD T (SPGP) | 0.9% | 0.6% | −0.3 pts | −21,907 sh | −31% |
| New | ISHARES TR (IDV) | — | 0.2% | +0.2 pts | +67,014 sh | new |
| Increased | VANGUARD TAX-MANAGED FDS (VEA) | 0.2% | 0.4% | +0.2 pts | +40,653 sh | +134% |
| Increased | CAPITAL GROUP CORE BALANCED (CGBL) | 0.0% | 0.3% | +0.2 pts | +68,933 sh | +1024% |
| Increased | FIRST TR EXCHANGE-TRADED FD (FTSM) | 0.0% | 0.3% | +0.2 pts | +36,861 sh | +669% |
| Reduced | INNOVATOR ETFS TRUST (SFLR) | 0.3% | 0.0% | −0.3 pts | −65,323 sh | −88% |
| New | ISHARES TR (IAGG) | — | 0.2% | +0.2 pts | +43,023 sh | new |
| Increased | ISHARES TR (IVE) | 1.1% | 1.3% | +0.1 pts | +10,767 sh | +22% |
| Increased | ISHARES TR (TFLO) | 0.8% | 0.9% | +0.1 pts | +41,048 sh | +33% |
| Reduced | AMERIPRISE FINL INC (AMP) | 0.3% | 0.1% | −0.2 pts | −3,861 sh | −69% |
| Increased | VANGUARD SPECIALIZED FUNDS (VIG) | 0.1% | 0.3% | +0.2 pts | +9,830 sh | +230% |
| Increased | VANGUARD INDEX FDS (VO) | 0.1% | 0.3% | +0.2 pts | +6,846 sh | +252% |
| Increased | ISHARES TR (OEF) | 0.3% | 0.5% | +0.2 pts | +6,329 sh | +66% |
| Exited | SPDR SER TR (SPSB) | 0.2% | — | −0.2 pts | −51,695 sh | −100% |
| Increased | ISHARES TR (QUAL) | 1.4% | 1.5% | +0.1 pts | +10,442 sh | +16% |
| Reduced | VERTEX PHARMACEUTICALS INC (VRTX) | 0.3% | 0.1% | −0.3 pts | −4,104 sh | −75% |
The 50 largest of 519 changes, by size of the trade. Full holdings for this quarter.
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 — 18.4% of the equity book
Changes in the top 10 this quarter: IONS entered · QQQ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (IVV) | 4.1% | 2.7% | |
| 2 | INNOVATOR ETFS TRUST (USEP) | 2.4% | 2.3% | |
| 3 | MICROSOFT CORP (MSFT) | 1.7% | 2.1% | |
| 4 | APPLE INC (AAPL) | 2.1% | 1.9% | |
| 5 | NVIDIA CORPORATION (NVDA) | 1.4% | 1.8% | |
| 6 | ISHARES TR (IUSB) | 2.5% | 1.7% | |
| 7 | ISHARES BITCOIN TRUST ETF (IBIT) | 1.4% | 1.6% | |
| 8 | SPDR S&P 500 ETF TR (SPY) | 1.5% | 1.5% | |
| 9 | ISHARES TR (QUAL) | 1.4% | 1.5% | |
| 10 | IONIS PHARMACEUTICALS INC (IONS) | 1.2% | 1.4% | Entered the top 10 |
| — | INVESCO QQQ TR (QQQ) | 1.3% | 1.0% | 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).