Janney Montgomery Scott LLC

Adviser

CIK

1329948

Location

PHILADELPHIA, PA

Portfolio Value

Large $51,404,426,179

Diversification

Diversified

Filing Date

Global Rank

#186 / 8,819 ▲ 7

Top Industry

Semiconductors 9.7%

Period ended 4 months ago

Filed Aug 5, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Adviser

Schedule 13G, Jan 4, 2024

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 36.2%, 33.1 effective positions, active share 43.0% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

23.3% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 17.9 quarters (12+), a floor since 50.0% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 43.0%; sector active share 35.2% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

3,079 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

14.9%

+0.5 pts

Top 5

27.5%

+1.1 pts

Top 10

36.2%

+1.8 pts

HHI

302

Diversified+17

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	48.1%	$24,727,341,522	1,184
Technology	14.8%	$7,587,886,165	248
Financial Services	9.2%	$4,709,758,826	507
Industrials	6.6%	$3,374,315,735	279
Healthcare	5.2%	$2,672,042,118	185
Consumer Cyclical	3.8%	$1,949,480,872	172
Communication Services	3.8%	$1,939,299,832	75
Consumer Defensive	3.0%	$1,520,596,439	80
Energy	2.2%	$1,109,195,802	103
Utilities	1.5%	$753,376,444	63
Basic Materials	1.1%	$557,260,914	87
Real Estate	1.0%	$503,871,510	96

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		+3,593,011	4,486,897	$122,985,846
IUSB	iShares Core Universal USD Bond ETF	+2,853,465	10,566,952	$487,664,834
—		+2,074,750	2,328,091	$118,336,865
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+2,055,824	2,335,977	$279,195,971
IYT	iShares U.S. Transportation ETF	+1,275,973	1,286,966	$111,644,300
VO	VANGUARD MID-CAP INDEX FUND	+1,269,332	1,654,013	$133,263,827
JBND	JPMorgan Active Bond ETF	+940,160	3,109,788	$166,373,658
VUG	VANGUARD GROWTH INDEX FUND	+800,412	937,700	$80,773,478
TLT	iShares 20+ Year Treasury Bond ETF	+755,381	2,169,014	$187,446,189
GOVT	iShares U.S. Treasury Bond ETF	+621,832	7,210,378	$164,252,410
OWL	Blue Owl Capital Inc.	+494,909	522,854	$4,574,972
IVV	iShares Core S&P 500 ETF	+428,076	1,840,976	$1,378,688,516
—		+414,961	819,429	$46,019,132
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income Fund	+403,319	1,803,728	$17,694,571
CGCP	Capital Group Core Plus Income ETF	+396,556	5,312,377	$118,412,883
SCHA	Schwab U.S. Small-Cap ETF	+362,645	485,665	$17,547,076
DVN	Devon Energy Corp	+325,357	453,744	$18,748,702
GBDC	GOLUB CAPITAL BDC, Inc.	+319,638	442,331	$5,697,223
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income ETF	+314,836	700,810	$35,390,905
GLPI	Gaming & Leisure Properties, Inc.	+314,319	352,640	$15,703,059
VTV	VANGUARD VALUE INDEX FUND	+311,410	656,703	$143,115,284
GSBD	Goldman Sachs BDC, Inc.	+311,196	328,196	$3,111,298
—		+311,186	320,086	$11,587,113
SPYV	State Street(R) SPDR(R) Portfolio S&P 500(R) Value ETF	+309,278	843,541	$51,278,857
IUSV	iShares Core S&P U.S. Value ETF	+306,963	410,476	$45,213,931
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
—		−2,640,516	497,578	$41,333,804
IAGG	iShares Core International Aggregate Bond ETF	−1,449,879	5,817	$294,340
EFV	iShares MSCI EAFE Value ETF	−1,398,642	1,300,382	$99,544,242
THRO		−1,028,995	1,711,316	$73,774,832
IEMG	iShares Trust	−913,579	2,692,408	$223,039,078
BINC		−837,697	519,865	$27,209,734
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	−797,288	418,568	$34,594,645
INFY	Infosys Ltd	−671,847	46,630	$489,148
BAI	BlackRock ETF Trust	−632,483	3,089,344	$162,870,215
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	−612,555	3,098,831	$331,977,765
QUAL	iShares MSCI USA Quality Factor ETF	−550,398	314,815	$69,079,855
DD	DuPont de Nemours, Inc.	−512,533	246,582	$33,446,382
EEMA	iShares Trust	−484,288	60,814	$7,112,805
FBP	First Bancorp	−480,900	17,553	$457,606
JEPI	JPMorgan Equity Premium Income ETF	−451,379	2,348,909	$132,666,380
JGLO	JPMorgan Global Select Equity ETF	−398,159	454,705	$32,384,090
DAL	Delta Air Lines, Inc.	−360,423	123,814	$11,596,419
GNTX	Gentex Corp	−344,099	692,354	$17,495,785
SKT	Tanger Inc.	−310,970	16,912	$667,516
JGRO	JPMorgan Active Growth ETF	−287,860	1,270,516	$125,260,172
TLH	iShares 10-20 Year Treasury Bond ETF	−271,697	1,220,050	$122,432,017
GGN	GAMCO Global Gold, Natural Resources & Income Trust	−262,464	1,043,110	$5,048,652
FHI	Federated Hermes, Inc.	−255,130	82,196	$4,538,863
RELX	Relx PLC	−240,563	52,189	$1,652,825
NVO	Novo Nordisk A S	−240,425	157,335	$7,542,639
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	717,543	$535,839,586
BBUS	JPMORGAN BETABUILDERS U.S. EQUITY ETF	3,594,171	$484,206,717
GOOG	Alphabet Inc.	1,313,878	$464,232,513
IWF	iShares Russell 1000 Growth ETF	3,115,856	$386,895,839
IEUR	iShares Core MSCI Europe ETF	4,111,786	$309,082,953
ETN	Eaton Corp plc	487,988	$207,941,446
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	2,622,076	$207,222,666
XLY	State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF	1,611,333	$188,977,134
GS	Goldman Sachs Group Inc	146,763	$148,431,695
PEP	Pepsico Inc	954,271	$129,208,293
JAVA	JPMorgan Active Value ETF	1,458,706	$115,835,843
PM	Philip Morris International Inc.	619,899	$112,145,928
DIVO	Amplify CWP Enhanced Dividend Income ETF	2,196,661	$100,387,407
DUK	Duke Energy CORP	766,917	$97,076,353
IJH	iShares Core S&P Mid-Cap ETF	1,226,684	$94,589,603
CORO		2,487,698	$91,049,746
IDEF		2,675,561	$85,029,328
IALT		2,964,562	$83,155,964
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	1,256,696	$77,236,536
JAAA	Janus Henderson AAA CLO ETF	1,464,284	$73,931,699
UBER	Uber Technologies, Inc	965,792	$69,691,550
DELL	Dell Technologies Inc.	161,157	$69,532,799
GGOV		1,350,738	$67,928,614
KMI	Kinder Morgan, Inc.	1,864,408	$59,605,123
JUSA	JPMorgan U.S. Research Enhanced Large Cap ETF	865,901	$58,167,765
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
TBLL	Invesco Short Term Treasury ETF	142,517	$15,042,669
PYZ	Victory Portfolios II	47,370	$5,676,347
MOTI	VanEck Morningstar International Moat ETF	110,871	$3,786,466
ISEP		65,963	$2,162,926
AMSC	American Superconductor Corp	56,946	$1,927,622
SGI	Somnigroup International Inc.	19,091	$1,411,206
BTU	Peabody Energy Corp	40,041	$1,319,350
OPRA	Opera Ltd	90,817	$1,295,050
FAAR	First Trust Alternative Absolute Return Strategy ETF	36,140	$1,219,616
PPC	Pilgrims Pride Corp	30,700	$1,159,232
—		21,802	$1,096,640
NICE	NICE Ltd.	9,811	$1,081,760
PIPR	Piper Sandler Companies	10,609	$812,118
ASTH	Astrana Health, Inc.	32,451	$795,698
CLOA		14,865	$770,527
LRN	Stride, Inc.	8,429	$743,184
PAYO	Payoneer Global Inc.	152,630	$737,202
CSNR	Cohen & Steers Natural Resources Active ETF	18,641	$700,528
MGOV	First Trust Intermediate Government Opportunities ETF	33,660	$682,523
IEO	iShares U.S. Oil & Gas Exploration & Production ETF	5,038	$629,246
RHI	Robert Half Inc.	24,003	$609,676
MGPI	Mgp Ingredients Inc	32,898	$604,994
QLTA	iShares Aaa - A Rated Corporate Bond ETF	11,599	$551,996
ACAD	Acadia Pharmaceuticals Inc	23,472	$522,486
QGEN	Qiagen N.V.	12,397	$496,375
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3,079 tracked positions · $51,404,426,179 total · filing declares 3,106 positions · $51,645,914 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 3,079 positions by value · page 1 of 62

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
AAPL	Apple Inc. Technology	Added	4,956,780	+163,853	$1,434,293,860	+17.9%	13	$182.11	2.79%
IVV	iShares Core S&P 500 ETF	Added	1,840,976	+428,076	$1,378,688,516	+49.4%	17	unpriced	2.68%
NVDA	Nvidia Corp Technology	Added	4,692,290	+214,621	$938,880,306	+20.2%	26+	before history	1.83%
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	Added	4,799,566	+71,712	$914,413,314	+45.5%	26+	before history	1.78%
MSFT	Microsoft Corp Technology	Added	2,289,585	+51,099	$854,060,996	+3.1%	26+	before history	1.66%
AVGO	Broadcom Inc. Technology	Added	1,784,681	+9,993	$674,163,247	+22.7%	26+	before history	1.31%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,762,750	+12,784	$658,473,835	+15.0%	13	$126.95	1.28%
GOOGL	Alphabet Inc. Communication Services	Added	1,835,129	+55,634	$655,820,050	+28.2%	26+	before history	1.28%
QQQ	Invesco Qqq Trust, Series 1	Added	852,815	+2,130	$628,012,966	+27.9%	13	$377.51	1.22%
JPM	Jpmorgan Chase & Co Financial Services	Added	1,785,762	+7,564	$584,533,475	+11.7%	26+	before history	1.14%
SPY	Spdr S&P 500 ETF Trust	NEW	717,543	NEW	$535,839,586	NEW	1	$725.01	1.04%
XLF	State Street Corp Financial Services	Added	9,549,563	+294,718	$511,952,072	+12.0%	26+	before history	1.00%
IUSB	iShares Core Universal USD Bond ETF	Added	10,566,952	+2,853,465	$487,664,834	+36.9%	22	unpriced	0.95%
BBUS	JPMORGAN BETABUILDERS U.S. EQUITY ETF	NEW	3,594,171	NEW	$484,206,717	NEW	1	$130.68	0.94%
GOOG	Alphabet Inc. Communication Services	NEW	1,313,878	NEW	$464,232,513	NEW	1	$357.39	0.90%
IWF	iShares Russell 1000 Growth ETF	NEW	3,115,856	NEW	$386,895,839	NEW	1	unpriced	0.75%
XLV	State Street(R) Health Care Select Sector SPDR(R) ETF	Reduced	2,319,229	-41,954	$367,968,873	+6.3%	8	unpriced	0.72%
LLY	ELI LILLY & Co Healthcare	Added	298,453	+13,207	$357,973,511	+36.4%	26+	before history	0.70%
JNJ	Johnson & Johnson Healthcare	Reduced	1,314,931	-51,079	$333,953,026	+0.0%	11	$158.42	0.65%
XLC	State Street(R) Communication Services Select Sector SPDR(R) ETF	Reduced	3,098,831	-612,555	$331,977,765	−19.3%	26+	before history	0.65%
IVW	iShares S&P 500 Growth ETF	Reduced	2,413,813	-2,761	$331,971,701	+21.5%	26+	before history	0.65%
VEU	Vanguard International Equity Index Funds	Reduced	3,867,900	-151,321	$323,936,625	+7.3%	26+	before history	0.63%
META	Meta Platforms, Inc. Communication Services	Added	561,995	+11,382	$316,566,163	+0.5%	26+	before history	0.62%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	1,958,777	+8,904	$309,545,529	+7.2%	26+	before history	0.60%
IEUR	iShares Core MSCI Europe ETF	NEW	4,111,786	NEW	$309,082,953	NEW	1	unpriced	0.60%
ABBV	AbbVie Inc. Healthcare	Added	1,209,439	+2,161	$304,343,229	+15.9%	26+	before history	0.59%
CAT	Caterpillar Inc Industrials	Reduced	284,923	-4,478	$303,414,502	+48.0%	26+	before history	0.59%
DYNF	iShares U.S. Equity Factor Rotation Active ETF	Added	4,364,364	+145,128	$296,820,395	+20.9%	10	$45.97	0.58%
V	Visa Inc. Financial Services	Added	853,450	+25,507	$292,810,160	+17.0%	8	$276.11	0.57%
VOO	VANGUARD 500 INDEX FUND	Added	423,413	+36,828	$290,804,282	+25.9%	26+	before history	0.57%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Added	2,335,977	+2,055,824	$279,195,971	—	26+	before history	0.54%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	538,783	+10,104	$269,601,625	+6.4%	13	$346.78	0.52%
WMT	Walmart Inc. Consumer Defensive	Reduced	2,345,146	-71,434	$265,611,235	−11.6%	17	$51.08	0.52%
VONG	VANGUARD RUSSELL 1000 GROWTH INDEX FUND	Added	2,060,897	+257,044	$263,403,245	+33.1%	7	$105.75	0.51%
CSCO	Cisco Systems, Inc. Technology	Added	2,221,708	+40,242	$260,961,821	+54.2%	26+	before history	0.51%
IVE	iShares S&P 500 Value ETF	Reduced	1,149,138	-200,092	$260,923,274	−8.4%	26+	before history	0.51%
VEA	Vanguard FTSE Developed Markets ETF	Added	3,583,905	+123,827	$255,353,231	+15.2%	26+	before history	0.50%
IEMG	iShares Trust	Reduced	2,692,408	-913,579	$223,039,078	—	26+	before history	0.43%
IJR	iShares Core S&P Small-Cap ETF	Reduced	1,497,464	-107,507	$222,088,885	+11.3%	26+	before history	0.43%
IEFA	iShares Core MSCI EAFE ETF	Reduced	2,293,303	-72,332	$221,487,203	+3.4%	7	unpriced	0.43%
XOM	ExxonMobil Holdings Corp Energy	Added	1,562,930	+23,187	$213,683,789	−18.2%	26+	before history	0.42%
MRK	Merck & Co., Inc. Healthcare	Reduced	1,655,632	-24,032	$212,748,712	+5.3%	26+	before history	0.41%
ETN	Eaton Corp plc Industrials	NEW	487,988	NEW	$207,941,446	NEW	1	$403.27	0.40%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	NEW	2,622,076	NEW	$207,222,666	NEW	1	$79.05	0.40%
CVX	Chevron Corp Energy	Reduced	1,248,540	-2,562	$206,957,990	−20.0%	26+	before history	0.40%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	425,753	+1,818	$203,326,860	+41.9%	26+	before history	0.40%
RSP	Victory Portfolios II	Added	953,608	+122,680	$202,899,174	+27.2%	26+	before history	0.39%
IEI	iShares 3-7 Year Treasury Bond ETF	Reduced	1,709,213	-135,574	$200,747,066	−8.2%	26+	before history	0.39%
IBM	International Business Machines Corp Technology	Added	697,737	+8,819	$196,210,621	+17.5%	26+	before history	0.38%
VONV	VANGUARD RUSSELL 1000 VALUE INDEX FUND	Added	1,783,310	+65,177	$189,583,686	+17.7%	26+	before history	0.37%

Showing the top 50 of 3,079 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.