Valeo Financial Advisors, LLC

Registered adviser

CIK

1722641

Location

CARMEL, IN

Portfolio Value

Mid $4,490,319,971

Diversification

Diversified

Filing Date

Global Rank

#896 / 8,819 ▲ 19 · as of Jun 2026

Top Industry

Drug Manufacturers - General 11.5%

Period ended 29 days ago

Filed Oct 8, 2026 · 21d

27 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

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 127132

Roster of Oct 1, 2026

Regulatory AUM

$12,958,676,684

Main clients

Individuals and high net worth (98% of AUM)

Private funds on Schedule D 7.B.(1)

As filed Oct 18, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$20,971 gross assets in 1 fund Other private funds $20,971 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$12,958,676,684	Individuals and high net worth (98%)
Apr 2025 to Mar 2026	$10,639,940,975	Individuals and high net worth (98%)
Apr 2024 to Mar 2025	$8,944,535,606	Individuals and high net worth (98%)
May 2023 to Mar 2024	$7,103,709,028	Individuals and high net worth (98%)
Apr 2023	$7,103,709,028	Individuals and high net worth (98%)
Apr 2022 to Mar 2023	$7,277,845,068	Individuals and high net worth (97%)

3 earlier changes not shown.

Portfolio style

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

Style

Concentrated

The top 10 positions are 65.9% of the book (60%+)

Turnover

Low turnover

11.5% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 23.2 quarters (12+), a floor since 79.7% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 60.1%; sector active share 52.3% 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.

View clone backtest

Portfolio Concentration

830 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

24.5%

−3.8 pts

Top 5

50.6%

−1.3 pts

Top 10

64.6%

−1.3 pts

HHI

932

Diversified−154

Portfolio Trend

27 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	59.3%	$2,662,507,986	259
Technology	12.8%	$575,340,078	98
Healthcare	5.7%	$254,273,091	73
Financial Services	5.4%	$240,697,195	116
Real Estate	3.8%	$169,629,711	21
Communication Services	3.5%	$158,718,791	19
Industrials	3.3%	$147,159,470	82
Consumer Cyclical	2.9%	$128,845,480	51
Consumer Defensive	1.6%	$69,642,020	35
Energy	1.2%	$54,845,247	31
Basic Materials	0.3%	$15,498,943	24
Utilities	0.3%	$13,161,959	21

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PULS	PGIM Ultra Short Bond ETF	+239,190	914,811	$45,246,552
JCPB	JPMorgan Core Plus Bond ETF	+177,346	3,303,877	$147,947,612
IEMG	iShares Trust	+103,653	3,171,483	$0
FBND	Fidelity Total Bond ETF	+62,023	2,047,605	$88,661,296
IEFA	iShares Core MSCI EAFE ETF	+55,920	1,226,784	$118,850,833
DFAI	Dimensional International Core Equity Market ETF	+32,759	124,043	$5,139,101
WIT	Wipro Ltd	+31,254	61,109	$100,829
SPCX	Space Exploration Technologies Corp	+28,969	39,373	$5,939,810
CRWD	CrowdStrike Holdings, Inc.	+25,710	34,956	$9,254,601
IWR	iShares Russell Mid-Cap ETF	+21,716	288,923	$30,830,973
VEA	Vanguard FTSE Developed Markets ETF	+20,145	598,587	$42,266,228
MIST	Milestone Pharmaceuticals Inc.	+16,000	146,699	$126,997
XBI	State Street(R) SPDR(R) S&P(R) Biotech ETF	+12,722	19,221	$3,030,767
OBDC	Blue Owl Capital Corp	+12,004	81,161	$851,378
VTEI	VANGUARD INTERMEDIATE-TERM TAX-EXEMPT BOND ETF	+10,395	24,459	$2,332,043
APH	Amphenol Corp	+10,241	18,773	$1,582,563
SAN	Banco Santander, S.A.	+9,854	57,781	$799,111
OAKM	Oakmark U.S. Large Cap ETF	+9,566	91,657	$2,691,049
IVV	iShares Core S&P 500 ETF	+9,333	337,847	$258,740,124
VCRM	Vanguard Municipal Bond Funds	+8,748	33,105	$2,369,324
IGF	iShares Global Infrastructure ETF	+8,639	30,432	$1,873,393
ARCC	Ares Capital Corp	+8,286	19,493	$372,316
OCSL	Oaktree Specialty Lending Corp	+8,100	35,600	$423,640
MNST	Monster Beverage Corp	+7,404	13,945	$580,390
MFG	Mizuho Financial Group Inc	+6,948	42,968	$474,796
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−299,388	283,265	$21,882,221
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	−296,451	1,437,865	$81,469,430
BTLN	Brightline Interactive, Inc.	−79,647	11,377	$57,453
DFEM	Dimensional Emerging Markets Core Equity 2 ETF	−56,606	14,800	$587,856
MUB	iShares National Muni Bond ETF	−43,487	15,641	$1,581,305
IJR	iShares Core S&P Small-Cap ETF	−36,785	2,099,696	$285,642,643
IJH	iShares Core S&P Mid-Cap ETF	−36,203	3,162,668	$227,553,962
JAAA	Janus Henderson AAA CLO ETF	−27,412	7,624	$384,783
IAU	Ishares Gold Trust	−25,964	21,064	$1,645,098
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	−25,934	601,589	$35,680,243
SPY	Spdr S&P 500 ETF Trust	−18,146	894,574	$682,228,969
JPM	Jpmorgan Chase & Co	−17,885	112,777	$37,310,014
BND	VANGUARD TOTAL BOND MARKET INDEX FUND	−14,494	128,827	$9,037,214
RSP	Victory Portfolios II	−12,540	571,324	$0
VGSH	VANGUARD SHORT-TERM TREASURY INDEX FUND	−9,494	26,710	$1,537,427
EFA	iShares MSCI EAFE ETF	−7,680	601,118	$62,450,149
PLTR	Palantir Technologies Inc.	−5,608	41,708	$7,801,481
AGG	iShares Core U.S. Aggregate Bond ETF	−5,141	52,517	$4,964,957
MDLZ	Mondelez International, Inc.	−5,132	27,040	$1,563,452
AAPL	Apple Inc.	−4,969	510,842	$170,120,602
F	Ford Motor Co	−4,735	96,688	$1,166,057
MBIN	Merchants Bancorp	−4,724	222,274	$10,882,535
—		−4,546	11,853	$0
HUMA	Humacyte, Inc.	−4,500	15,400	$7,972
META	Meta Platforms, Inc.	−4,421	41,735	$30,265,387
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ALK	Alaska Air Group, Inc.	258,752	$10,013,702
DFEV	Dimensional Emerging Markets Value ETF	87,469	$3,708,685
GNR	State Street(R) SPDR(R) S&P(R) Global Natural Resources ETF	49,870	$3,688,883
VTEL	VANGUARD LONG-TERM TAX-EXEMPT BOND ETF	28,316	$2,720,601
GLTR	abrdn Precious Metals Basket ETF Trust	10,397	$1,936,961
JMUB	JPMorgan Municipal ETF	32,645	$1,553,249
PAAA	PGIM AAA CLO ETF	30,143	$1,546,034
VTES	VANGUARD SHORT-TERM TAX-EXEMPT BOND ETF	12,290	$1,211,794
FDXF	FedEx Freight Holding Company, Inc.	5,717	$625,325
ACAD	Acadia Pharmaceuticals Inc	21,033	$423,814
IDEV	iShares Core MSCI International Developed Markets ETF	4,467	$399,707
NFRA	FlexShares STOXX Global Broad Infrastructure Index Fund	6,288	$392,245
MSI	Motorola Solutions, Inc.	770	$343,396
FLOT	iShares Floating Rate Bond ETF	6,546	$334,173
DINO	HF Sinclair Corp	2,992	$321,101
ZS	Zscaler, Inc.	1,544	$307,904
JPST	JPMorgan Ultra-Short Income ETF	5,947	$299,550
SGI	Somnigroup International Inc.	4,819	$299,308
MNZL	Manzil Russell Halal USA Broad Market ETF	4,893	$297,763
SW	Smurfit Westrock plc	6,732	$296,881
TEAM	Atlassian Corp	1,558	$279,333
DOCU	Docusign, Inc.	4,157	$279,142
RMBI	Richmond Mutual Bancorporation, Inc.	18,700	$277,882
WDAY	Workday, Inc.	1,412	$268,929
IREN	IREN Ltd	6,481	$264,943
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
DFAS	Dimensional U.S. Small Cap ETF	43,996	$3,622,630
GUNR	FlexShares Morningstar Global Upstream Natural Resources Index Fund	40,828	$2,012,003
—		323,657	$1,683,016
XYLD	Global X S&P 500 Covered Call ETF	20,000	$815,800
BTC	Grayscale Bitcoin Mini Trust ETF	21,350	$554,032
BSV	VANGUARD SHORT-TERM BOND INDEX FUND	5,259	$409,728
—		14,197	$408,163
BROS	Dutch Bros Inc.	4,921	$353,377
BIV	Vanguard Bond Index Funds	4,395	$337,096
CCJ	Cameco Corp	3,227	$328,702
WCN	Waste Connections, Inc.	1,920	$320,044
GNRC	Generac Holdings Inc.	954	$279,340
ALGN	Align Technology Inc	1,623	$273,735
SNPS	Synopsys Inc	594	$264,965
LII	Lennox International Inc	459	$262,984
UCON	First Trust Smith Unconstrained Bond ETF	10,253	$255,094
FLY	Firefly Aerospace Inc.	8,318	$244,549
MOD	Modine Manufacturing Co	898	$239,783
TPR	Tapestry, Inc.	1,614	$236,257
ITB	iShares U.S. Home Construction ETF	2,244	$234,453
SOLS	Solstice Advanced Materials Inc.	2,643	$234,169
AFRM	Affirm Holdings, Inc.	2,853	$232,662
AES	Aes Corp	15,620	$228,989
—		19,417	$227,373
MSGS	Madison Square Garden Sports Corp.	563	$226,235
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

830 tracked positions · $4,490,319,971 total · filing declares 872 positions · $4,742,640,775 · as of Sep 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 830 positions by value · page 1 of 17

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust CALL + SHARES	Reduced	894,674	-19,046	$682,305,232	−0.0%	15.20%
IJR	iShares Core S&P Small-Cap ETF	Reduced	2,099,696	-36,785	$285,642,643	−9.9%	6.36%
IVV	iShares Core S&P 500 ETF	Added	337,847	+9,333	$258,740,124	+5.2%	5.76%
IJH	iShares Core S&P Mid-Cap ETF	Reduced	3,162,668	-36,203	$227,553,962	−7.7%	5.07%
AAPL	Apple Inc. Technology	Reduced	510,842	-4,969	$170,120,602	+14.0%	3.79%
PLD	Prologis, Inc. Real Estate	Reduced	1,236,241	-794	$160,513,531	−4.2%	3.57%
LLY	ELI LILLY & Co Healthcare	Reduced	130,209	-38	$150,662,229	−3.6%	3.36%
JCPB	JPMorgan Core Plus Bond ETF	Added	3,303,877	+177,346	$147,947,612	+0.8%	3.29%
IEFA	iShares Core MSCI EAFE ETF	Added	1,226,784	+55,920	$118,850,833	+5.1%	2.65%
NVDA	Nvidia Corp CALL + SHARES Technology	Added	488,096	+1,334	$111,431,387	+14.5%	2.48%
MSFT	Microsoft Corp CALL + SHARES Technology	Added	182,823	+2,858	$93,441,350	+39.6%	2.08%
FBND	Fidelity Total Bond ETF	Added	2,047,605	+62,023	$88,661,296	−1.8%	1.97%
VOO	VANGUARD 500 INDEX FUND	Added	123,253	+1,553	$86,383,097	+3.3%	1.92%
VGIT	VANGUARD INTERMEDIATE-TERM TREASURY INDEX FUND	Reduced	1,437,865	-296,451	$81,469,430	−20.4%	1.81%
GOOGL	Alphabet Inc. CALL + SHARES Communication Services	Added	192,322	+4,500	$66,174,153	−1.4%	1.47%
AMZN	Amazon Com Inc CALL + SHARES Consumer Cyclical	Added	254,326	+2,117	$63,249,739	+5.4%	1.41%
EFA	iShares MSCI EAFE ETF	Reduced	601,118	-7,680	$62,450,149	−1.3%	1.39%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	114,022	+3,051	$56,777,254	+2.2%	1.26%
PULS	PGIM Ultra Short Bond ETF	Added	914,811	+239,190	$45,246,552	+35.2%	1.01%
VEA	Vanguard FTSE Developed Markets ETF	Added	598,587	+20,145	$42,266,228	+2.6%	0.94%
GOOG	Alphabet Inc. Communication Services	Reduced	112,261	-816	$38,251,813	−4.3%	0.85%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	112,777	-17,885	$37,310,014	−12.8%	0.83%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Reduced	601,589	-25,934	$35,680,243	−4.7%	0.79%
QQQ	Invesco Qqq Trust, Series 1 PUT + SHARES	Reduced	41,802	-1,272	$30,923,865	−2.1%	0.69%
IWR	iShares Russell Mid-Cap ETF	Added	288,923	+21,716	$30,830,973	+4.6%	0.69%
META	Meta Platforms, Inc. Communication Services	Reduced	41,735	-4,521	$30,265,387	+16.4%	0.67%
IWM	iShares Russell 2000 ETF	Reduced	98,157	-2,182	$27,276,848	−9.5%	0.61%
CAT	Caterpillar Inc Industrials	Reduced	32,612	-579	$26,441,483	−25.2%	0.59%
TSLA	Tesla, Inc. CALL + SHARES Consumer Cyclical	Added	62,009	+4,250	$21,966,069	−9.4%	0.49%
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	Reduced	283,265	-299,388	$21,882,221	−52.5%	0.49%
AVGO	Broadcom Inc. CALL + SHARES Technology	Added	61,122	+4,308	$21,430,575	+0.2%	0.48%
V	Visa Inc. Financial Services	Added	53,982	+458	$19,397,352	+5.6%	0.43%
IWF	iShares Russell 1000 Growth ETF	Added	138,923	+442	$17,401,494	+1.2%	0.39%
JNJ	Johnson & Johnson Healthcare	Added	62,954	+380	$16,666,441	+4.9%	0.37%
XOM	ExxonMobil Holdings Corp Energy	Added	101,383	+979	$16,500,083	+20.2%	0.37%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	31,783	+56	$14,499,086	−4.3%	0.32%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Reduced	36,110	-3,148	$13,513,806	−7.0%	0.30%
ABBV	AbbVie Inc. Healthcare	Added	49,261	+1,281	$12,886,184	+6.7%	0.29%
MU	Micron Technology Inc Technology	Added	11,851	+1,419	$12,622,618	+4.8%	0.28%
IWD	iShares Russell 1000 Value ETF	Added	48,937	+144	$12,132,950	+2.6%	0.27%
SCHG	Schwab U.S. Large-Cap Growth ETF	Added	333,823	+245	$11,994,260	+6.3%	0.27%
WMT	Walmart Inc. CALL + SHARES Consumer Defensive	Added	112,721	+1,356	$11,713,966	−7.1%	0.26%
ORCL	Oracle Corp CALL + SHARES Technology	Added	84,792	+4,106	$11,641,941	−1.5%	0.26%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	78,097	-268	$11,345,932	−1.3%	0.25%
VUG	VANGUARD GROWTH INDEX FUND	Added	122,555	+499	$11,043,431	+5.0%	0.25%
MBIN	Merchants Bancorp Financial Services	Reduced	222,274	-4,724	$10,882,535	−4.1%	0.24%
MA	Mastercard Inc Financial Services	Reduced	19,369	-220	$10,681,422	+6.2%	0.24%
VTV	VANGUARD VALUE INDEX FUND	Reduced	47,025	-549	$10,161,162	−2.0%	0.23%
ALK	Alaska Air Group, Inc. Industrials	NEW	258,752	NEW	$10,013,702	NEW	0.22%
VV	VANGUARD LARGE-CAP INDEX FUND	Reduced	28,362	-238	$9,979,169	+1.5%	0.22%

Showing the top 50 of 830 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.