LEVEL FOUR ADVISORY SERVICES, LLC

CIK

1696715

Location

DALLAS, TX

Portfolio Value

Mid $1,858,889,291

Diversification

Diversified

Filing Date

Global Rank

#1,253 / 8,603 ▲ 30 · as of Mar 2026

Top Industry

Semiconductors 9.7%

3Y Alpha vs SPY

-2.3%

Period ended 3 months ago

Filed May 14, 2026 · 56d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+65.2%

SPY

+76.0%

Annualised alpha

-2.5%

Max drawdown

−18.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

515 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.6%

−0.8 pts

Top 5

19.8%

−1.8 pts

Top 10

28.5%

−3.0 pts

HHI

135

Diversified−21

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.4%	$527,969,912	82
Financial Services	12.8%	$237,934,858	93
Industrials	10.0%	$185,503,945	78
Healthcare	9.0%	$166,913,021	56
Consumer Cyclical	8.9%	$165,358,050	50
Unclassified	7.4%	$137,623,492	13
Consumer Defensive	6.7%	$123,826,414	32
Energy	6.0%	$112,004,688	32
Communication Services	5.6%	$103,572,566	12
Utilities	2.7%	$49,750,499	27
Real Estate	1.4%	$26,099,062	19
Basic Materials	1.2%	$22,332,784	21

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
MBLY	Mobileye Global Inc.	+123,042	153,876	$1,057,128
RF	Regions Financial Corp	+116,132	155,640	$4,065,316
NVO	Novo Nordisk A S	+114,729	208,855	$7,675,421
PYPL	PayPal Holdings, Inc.	+83,487	187,503	$8,480,760
CMCSA	Comcast Corp	+69,163	180,305	$5,176,556
ENB	Enbridge Inc	+49,569	69,642	$3,770,417
OXY	Occidental Petroleum Corp /De/	+48,401	165,579	$10,762,635
SO	Southern Co	+45,571	93,935	$9,066,606
MCHP	Microchip Technology Inc	+41,005	165,850	$10,715,568
SIVR	abrdn Silver ETF Trust	+37,258	50,422	$3,610,719
CWK	Cushman & Wakefield Ltd.	+34,015	92,718	$1,136,722
LTH	Life Time Group Holdings, Inc.	+33,957	72,889	$1,963,629
NOW	ServiceNow, Inc.	+26,626	65,268	$6,823,769
CHD	Church & Dwight Co Inc /De/	+25,514	74,387	$6,941,794
DOCU	Docusign, Inc.	+23,609	121,824	$5,775,675
INTA	Intapp, Inc.	+21,361	54,135	$1,390,728
QQQ	Invesco Qqq Trust, Series 1	+21,042	141,968	$81,941,090
PIPR	Piper Sandler Companies	+19,086	24,210	$1,853,275
VITL	Vital Farms, Inc.	+16,261	30,625	$432,425
EOG	Eog Resources Inc	+15,875	63,800	$9,223,566
PBR	Petrobras - Petroleo Brasileiro SA	+15,825	43,080	$893,910
OC	Owens Corning	+15,658	36,151	$3,912,261
INGR	Ingredion Inc	+14,633	38,798	$4,370,982
UNH	Unitedhealth Group Inc	+14,483	54,586	$14,770,425
NFLX	Netflix Inc	+14,441	97,279	$9,353,375
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SBUX	Starbucks Corp	−60,978	11,741	$1,051,876
AWK	American Water Works Company, Inc.	−39,802	1,685	$229,311
BBY	Best Buy Co Inc	−39,329	6,302	$404,588
VALE	Vale S.A.	−37,564	127,146	$2,022,892
LRCX	Lam Research Corp	−32,396	25,489	$5,445,979
CF	CF Industries Holdings, Inc.	−25,968	20,434	$2,653,150
MU	Micron Technology Inc	−24,506	53,735	$18,153,832
ET	Energy Transfer LP	−22,105	164,961	$3,183,747
AMAT	Applied Materials Inc /De	−20,448	16,340	$5,584,848
KMI	Kinder Morgan, Inc.	−18,120	47,903	$1,606,187
RVT	Royce Small-Cap Trust, Inc.	−15,928	20,841	$345,960
C	Citigroup Inc	−15,202	131,839	$14,951,860
PKST	Peakstone Realty Trust	−13,689	11,455	$239,294
APA	APA Corp	−13,385	316,373	$13,426,870
AAPL	Apple Inc.	−12,537	485,494	$123,213,522
TROW	Price T Rowe Group Inc	−12,157	82,117	$7,402,026
EPD	Enterprise Products Partners L.P.	−11,641	123,818	$4,685,273
TXG	10x Genomics, Inc.	−11,503	36,147	$767,400
MPLX	Mplx LP	−11,204	6,609	$377,175
PBA	Pembina Pipeline Corp	−9,924	13,900	$622,164
FAST	Fastenal Co	−9,507	147,852	$6,860,332
PFE	Pfizer Inc	−9,465	66,563	$1,869,089
GOOGL	Alphabet Inc.	−9,326	151,451	$43,551,249
NEE	Nextera Energy Inc	−8,128	171,684	$15,946,009
BAC	Bank Of America Corp /De/	−7,597	156,267	$7,618,016
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
WTS	Watts Water Technologies Inc	20,446	$5,935,269
AZN	Astrazeneca PLC	14,289	$2,818,076
ALHC	Alignment Healthcare, Inc.	48,199	$849,266
DD	DuPont de Nemours, Inc.	4,952	$680,404
IAUM	iShares Gold Trust Micro	9,932	$463,824
FTAI	FTAI Aviation Ltd.	1,772	$434,140
PSN	Parsons Corp	6,343	$343,600
SNY	Sanofi	7,062	$340,247
DOW	Dow Inc.	7,972	$332,033
AXTI	Axt Inc	5,820	$331,623
SLB	Slb Limited/Nv	5,639	$289,788
Q	Qnity Electronics, Inc.	2,415	$278,642
ODFL	Old Dominion Freight Line, Inc.	1,401	$273,755
SAP	Sap SE	1,434	$245,515
RKLB	Rocket Lab Corp	3,762	$241,595
BCS	Barclays PLC	10,991	$232,569
RELX	Relx PLC	6,963	$230,823
DEO	Diageo PLC	3,086	$229,752
TTE	TotalEnergies SE	2,496	$227,086
LGN	Legence Corp.	3,808	$214,999
NCLH	Norwegian Cruise Line Holdings Ltd.	11,229	$209,982
COR	Cencora, Inc.	663	$208,274
KEYS	Keysight Technologies, Inc.	726	$205,000
CVSA	Covista Inc.	1,777	$204,799
MSEX	Middlesex Water Co	3,910	$203,515
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
HPQ	Hp Inc	107,115	$2,386,522
SANM	Sanmina Corp	9,417	$1,413,209
WDAY	Workday, Inc.	5,629	$1,208,996
GPI	Group 1 Automotive Inc	2,615	$1,028,479
FDUS	FIDUS INVESTMENT Corp	27,051	$522,084
GRAL	GRAIL, Inc.	5,055	$432,657
FICO	Fair Isaac Corp	227	$383,770
TSCO	Tractor Supply Co /De/	6,903	$345,219
ETG	Eaton Vance Tax-Advantaged Global Dividend Income Fund	13,663	$315,615
TTD	Trade Desk, Inc.	8,098	$307,400
DPZ	Dominos Pizza Inc	608	$253,426
RIO	Rio Tinto PLC	3,006	$240,570
CMG	Chipotle Mexican Grill Inc	6,438	$238,206
TOL	Toll Brothers, Inc.	1,695	$229,197
BST	BlackRock Science & Technology Trust	5,615	$227,632
COIN	Coinbase Global, Inc.	988	$223,426
ORI	Old Republic International Corp	4,867	$222,129
BYD	Boyd Gaming Corp	2,560	$218,214
CCL	Carnival Corp Ltd.	7,087	$216,436
HRB	H&R Block Inc	4,955	$215,938
WYNN	Wynn Resorts Ltd	1,792	$215,631
DINO	HF Sinclair Corp	4,608	$212,336
KBR	Kbr, Inc.	5,145	$206,829
DLTR	Dollar Tree, Inc.	1,670	$205,426
BN	BROOKFIELD Corp /ON/	4,464	$204,852
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

515 positions · $1,858,889,291 total · as of Mar 31, 2026

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

Showing 1–50 of 515 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	485,494	-12,537	$123,213,522	−9.0%	6.63%
QQQ	Invesco Qqq Trust, Series 1	Added	141,968	+21,042	$81,941,090	+10.3%	4.41%
MSFT	Microsoft Corp Technology	Added	162,323	+5,681	$60,087,104	−20.7%	3.23%
AMZN	Amazon Com Inc Consumer Cyclical	Added	250,732	+6,775	$52,219,953	−7.3%	2.81%
NVDA	Nvidia Corp Technology	Added	295,120	+13,807	$51,468,928	−1.9%	2.77%
GOOGL	Alphabet Inc. Communication Services	Reduced	151,451	-9,326	$43,551,249	−13.5%	2.34%
AVGO	Broadcom Inc. Technology	Added	116,615	+2,420	$36,093,508	−8.7%	1.94%
ABBV	AbbVie Inc. Healthcare	Added	132,234	+485	$28,759,572	−4.5%	1.55%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	95,223	-3,654	$28,010,797	−12.1%	1.51%
META	Meta Platforms, Inc. Communication Services	Added	44,216	+1,178	$25,297,300	−11.0%	1.36%
WMT	Walmart Inc. Consumer Defensive	Added	183,591	+1,541	$22,816,689	+12.5%	1.23%
GLD	Spdr Gold Trust	Added	50,883	+6,514	$21,894,446	+24.5%	1.18%
MU	Micron Technology Inc Technology	Reduced	53,735	-24,506	$18,153,832	−18.7%	0.98%
JNJ	Johnson & Johnson Healthcare	Reduced	66,201	-7,464	$16,182,172	+6.1%	0.87%
NEE	Nextera Energy Inc Utilities	Reduced	171,684	-8,128	$15,946,009	+10.5%	0.86%
CAG	Conagra Brands Inc. Consumer Defensive	Reduced	975,027	-7	$15,327,424	−9.2%	0.82%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	31,489	-4,689	$15,089,528	−17.0%	0.81%
C	Citigroup Inc Financial Services	Reduced	131,839	-15,202	$14,951,860	−12.9%	0.80%
UNH	Unitedhealth Group Inc Healthcare	Added	54,586	+14,483	$14,770,425	+11.6%	0.79%
COP	Conocophillips Energy	Added	108,818	+295	$14,363,976	+41.4%	0.77%
SPY	Spdr S&P 500 ETF Trust	Reduced	22,077	-1,400	$14,357,556	−10.3%	0.77%
MS	Morgan Stanley Financial Services	Added	84,685	+5,614	$13,936,610	−0.7%	0.75%
APA	APA Corp Energy	Reduced	316,373	-13,385	$13,426,870	+66.5%	0.72%
V	Visa Inc. Financial Services	Reduced	43,760	-1,248	$13,226,022	−16.2%	0.71%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	13,055	+6,983	$13,008,393	+148.4%	0.70%
LMT	Lockheed Martin Corp Industrials	Reduced	21,382	-2,980	$12,923,066	+9.7%	0.70%
SNDK	Sandisk Corp Technology	Reduced	19,330	-3,034	$12,281,122	+131.3%	0.66%
HD	Home Depot, Inc. Consumer Cyclical	Added	36,798	+2,626	$12,102,494	+2.9%	0.65%
GS	Goldman Sachs Group Inc Financial Services	Reduced	14,227	-795	$12,035,899	−8.8%	0.65%
UBER	Uber Technologies, Inc Technology	Added	166,101	+4,637	$11,947,644	−9.4%	0.64%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	70,499	-708	$11,258,690	+2.9%	0.61%
CVX	Chevron Corp Energy	Added	54,330	+4,239	$11,240,877	+47.2%	0.60%
CAT	Caterpillar Inc Industrials	Reduced	15,738	-2,976	$11,149,743	+4.0%	0.60%
CMI	Cummins Inc Industrials	Reduced	20,657	-1,244	$11,113,879	−0.6%	0.60%
AMD	Advanced Micro Devices Inc Technology	Added	54,089	+2,449	$11,003,325	−0.5%	0.59%
TXN	Texas Instruments Inc Technology	Added	55,449	+2,297	$10,764,868	+16.7%	0.58%
OXY	Occidental Petroleum Corp /De/ Energy	Added	165,579	+48,401	$10,762,635	+123.4%	0.58%
MCHP	Microchip Technology Inc Technology	Added	165,850	+41,005	$10,715,568	+34.7%	0.58%
MCD	Mcdonalds Corp Consumer Cyclical	Added	31,907	+1,902	$9,916,376	+8.1%	0.53%
MCK	Mckesson Corp Healthcare	Reduced	11,324	-415	$9,799,336	+1.8%	0.53%
TSLA	Tesla, Inc. Consumer Cyclical	Added	25,504	+2,360	$9,481,112	−8.9%	0.51%
NFLX	Netflix Inc Communication Services	Added	97,279	+14,441	$9,353,375	+20.4%	0.50%
EOG	Eog Resources Inc Energy	Added	63,800	+15,875	$9,223,566	+83.3%	0.50%
FCNCA	First Citizens Bancshares Inc /De/ Financial Services	Reduced	4,819	-45	$9,082,176	−13.0%	0.49%
SO	Southern Co Utilities	Added	93,935	+45,571	$9,066,606	+115.0%	0.49%
MRK	Merck & Co., Inc. Healthcare	Reduced	74,875	-6,482	$9,006,713	+5.2%	0.48%
LW	Lamb Weston Holdings, Inc. Consumer Defensive	Reduced	202,404	-161	$8,553,593	+0.8%	0.46%
KO	Coca Cola Co Consumer Defensive	Added	111,676	+8,776	$8,492,959	+18.1%	0.46%
PYPL	PayPal Holdings, Inc. Financial Services	Added	187,503	+83,487	$8,480,760	+39.7%	0.46%
ALSN	Allison Transmission Holdings Inc Consumer Cyclical	Reduced	72,387	-533	$8,473,622	+18.7%	0.46%