Frank, Rimerman Advisors LLC

Registered adviser

CIK

1977560

Location

Palo Alto, CA

Portfolio Value

Mid $1,753,670,923

Diversification

Diversified

Filing Date

Global Rank

#1,742 / 8,827 ▲ 1 · as of Jun 2026

Top Industry

Semiconductors 18.9%

Period ended 37 days ago

Filed Oct 16, 2026 · 21d

24 quarters · since Dec 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, Nov 1, 2026

Form ADV adviser

CRD 124147

Roster of Nov 1, 2026

Regulatory AUM

$3,399,039,031

Main clients

Individuals and high net worth (100% of AUM)

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 Nov 2026	$3,399,039,031	Individuals and high net worth (100%)
Apr 2025 to Mar 2026	$3,018,353,573	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$2,013,460,339	Individuals and high net worth (100%)
May 2023 to Mar 2024	$1,704,282,026	Individuals and high net worth (100%)
Apr 2023	$1,704,282,026	Individuals and high net worth (100%)
Apr 2022 to Mar 2023	$1,378,966,079	Individuals and high net worth (100%)

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

Diversified active

Top 10 weight 40.7%, 42.8 effective positions, active share 35.7% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

18.1% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 16.4 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 35.7%; sector active share 13.5% against the combined 13F book's sector weights.

Over time 23 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

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

Top Position

7.7%

−0.2 pts

Top 5

30.2%

+2.1 pts

Top 10

43.3%

+2.6 pts

HHI

254

Diversified+20

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	33.1%	$580,052,879	108
Unclassified	18.4%	$322,377,807	60
Communication Services	13.1%	$229,585,897	27
Financial Services	8.7%	$151,858,011	86
Healthcare	6.2%	$109,187,139	57
Industrials	5.4%	$94,202,941	77
Consumer Cyclical	5.2%	$91,969,235	53
Consumer Defensive	3.1%	$54,274,350	32
Energy	2.7%	$47,973,894	34
Basic Materials	1.9%	$32,498,979	21
Real Estate	1.1%	$20,069,781	28
Utilities	1.1%	$19,620,010	24

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
RDY	Dr Reddys Laboratories Ltd	+61,274	126,709	$1,599,067
CBRS	Cerebras Systems Inc.	+54,783	56,271	$9,996,543
CRWD	CrowdStrike Holdings, Inc.	+29,465	39,180	$10,372,905
APH	Amphenol Corp	+29,043	57,288	$4,829,378
BSX	Boston Scientific Corp	+18,891	36,501	$1,593,268
MSFT	Microsoft Corp	+11,754	121,621	$62,379,410
MNST	Monster Beverage Corp	+11,357	22,784	$948,270
VZ	Verizon Communications Inc	+11,022	103,022	$4,725,619
NVO	Novo Nordisk A S	+8,830	32,088	$1,216,456
PM	Philip Morris International Inc.	+8,741	39,583	$7,553,228
CMCSA	Comcast Corp	+7,273	29,704	$646,359
ACN	Accenture plc	+7,092	12,727	$2,333,749
UBER	Uber Technologies, Inc	+7,005	16,010	$1,096,845
CARR	CARRIER GLOBAL Corp	+5,758	11,919	$653,876
ZTS	Zoetis Inc.	+5,154	8,852	$618,135
QS	QuantumScape Corp	+4,268	15,088	$70,083
INFY	Infosys Ltd	+4,174	155,698	$1,675,310
AAPL	Apple Inc.	+4,011	292,152	$97,292,459
PGR	Progressive Corp	+3,589	15,045	$3,118,978
NFLX	Netflix Inc	+3,538	579,839	$40,345,197
OKE	Oneok Inc	+3,408	17,648	$1,504,844
PBR	Petrobras - Petroleo Brasileiro SA	+3,377	58,593	$1,222,835
MRSH	Marsh & Mclennan Companies, Inc.	+3,010	6,125	$1,045,721
SPY	Spdr S&P 500 ETF Trust	+2,812	75,432	$57,526,706
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	+2,635	97,155	$36,359,287
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
WIT	Wipro Ltd	−439,535	461,924	$762,174
LPL	LG Display Co., Ltd.	−213,822	11,301	$33,337
TKC	Turkcell Iletisim Hizmetleri A S	−79,955	46,692	$230,658
PKX	Posco Holdings Inc.	−32,366	16,319	$920,554
CHT	Chunghwa Telecom Co Ltd	−12,025	12,610	$573,502
INTC	Intel Corp	−10,253	56,985	$6,851,306
WF	Woori Financial Group Inc.	−7,930	30,807	$2,327,160
MPT	Medical Properties Trust Inc	−7,025	10,003	$34,610
SKM	Sk Telecom Co Ltd	−6,810	52,767	$1,842,095
ASX	ASE Technology Holding Co., Ltd.	−6,037	46,298	$2,058,409
KR	Kroger Co	−5,404	8,209	$481,211
PCG	PG&E Corp	−5,134	19,592	$240,002
SHG	Shinhan Financial Group Co Ltd	−4,939	41,102	$3,192,392
WMT	Walmart Inc.	−4,697	84,814	$8,813,870
QCOM	Qualcomm Inc	−4,328	10,141	$1,866,349
TJX	Tjx Companies Inc	−4,233	10,648	$1,408,836
BTI	British American Tobacco p.l.c.	−3,938	14,913	$811,267
MTN	Vail Resorts Inc	−3,905	2,395	$328,546
AGNC	AGNC Investment Corp.	−3,781	76,202	$691,152
DIS	Walt Disney Co	−3,497	20,367	$2,136,498
MCD	Mcdonalds Corp	−3,211	7,323	$1,691,173
CCL	Carnival Corp Ltd.	−2,866	12,640	$310,185
IEFA	iShares Core MSCI EAFE ETF	−2,824	8,807	$853,222
PEP	Pepsico Inc	−2,719	15,677	$1,986,589
IBM	International Business Machines Corp	−2,634	21,180	$4,658,117
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
XOM	ExxonMobil Holdings Corp	57,413	$9,343,965
SPCX	Space Exploration Technologies Corp	12,273	$1,851,504
BABA	Alibaba Group Holding Ltd	12,649	$1,360,273
GIS	General Mills Inc	31,672	$1,018,571
ONEQ	Fidelity Nasdaq Composite Index ETF	7,220	$764,164
CCI	Crown Castle Inc.	9,039	$602,449
VTR	Ventas, Inc.	6,003	$510,375
CAG	Conagra Brands Inc.	37,080	$498,355
CMG	Chipotle Mexican Grill Inc	15,371	$491,103
CPRT	Copart Inc	16,344	$445,864
CSGP	Costar Group, Inc.	16,153	$442,592
CPB	CAMPBELL'S Co	20,299	$402,529
FIS	Fidelity National Information Services, Inc.	11,122	$365,913
PODD	Insulet Corp	2,672	$348,615
KHC	Kraft Heinz Co	14,856	$337,528
MAN	ManpowerGroup Inc.	5,785	$321,530
ULTA	Ulta Beauty, Inc.	452	$246,868
GMAB	Genmab A/S	6,852	$244,445
ATO	Atmos Energy Corp	1,516	$237,163
MSTR	Strategy Inc	1,538	$235,452
SNY	Sanofi	5,312	$219,013
AVT	Avnet Inc	2,188	$218,690
CTSH	Cognizant Technology Solutions Corp	3,804	$218,501
BBY	Best Buy Co Inc	2,436	$214,952
TSCO	Tractor Supply Co	6,826	$213,585
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
—		4,197	$860,552
BCE	Bce Inc	32,620	$701,656
IP	International Paper Co	17,206	$655,548
ON	On Semiconductor Corp	6,086	$575,370
TLK	Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk	32,811	$440,651
NBIS	Nebius Group N.V.	1,375	$379,733
DFAS	Dimensional U.S. Small Cap ETF	4,582	$377,281
ALNY	Alnylam Pharmaceuticals, Inc.	1,228	$369,664
CASY	Caseys General Stores Inc	447	$355,271
TEVA	Teva Pharmaceutical Industries Ltd	8,967	$303,801
STZ	Constellation Brands, Inc.	1,961	$272,755
MP	MP Materials Corp.	4,761	$266,663
FN	Fabrinet	461	$259,118
MKSI	Mks Inc	581	$258,428
SUNB	Sunbelt Rentals Holdings, Inc.	3,369	$252,034
EVRG	Evergy, Inc.	2,826	$244,251
XYL	Xylem Inc.	2,033	$240,320
FNDX	Schwab Fundamental U.S. Large Company ETF	7,677	$238,754
APTV	Aptiv PLC	3,872	$237,663
FTV	Fortive Corp	3,716	$227,010
PHM	Pultegroup Inc	1,624	$222,829
ELS	Equity Lifestyle Properties Inc	3,426	$220,805
CLX	Clorox Co	2,294	$218,939
MAS	Masco Corp	2,636	$214,491
ICLR	Icon PLC	1,223	$212,447
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

607 tracked positions · $1,753,670,923 total · filing declares 607 positions · $1,810,530,020 · 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 607 positions by value · page 1 of 13

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	557,777	-1,567	$127,385,111	+13.8%	7.26%
QQQ	Invesco Qqq Trust, Series 1	Reduced	146,361	-263	$108,273,476	+0.3%	6.17%
AAPL	Apple Inc. Technology	Added	292,152	+4,011	$97,292,459	+16.7%	5.55%
GOOGL	Alphabet Inc. Communication Services	Added	256,246	+306	$88,169,123	−3.6%	5.03%
MSFT	Microsoft Corp Technology	Added	121,621	+11,754	$62,379,410	+52.2%	3.56%
SPY	Spdr S&P 500 ETF Trust	Added	75,432	+2,812	$57,526,706	+6.1%	3.28%
GOOG	Alphabet Inc. Communication Services	Reduced	136,611	-758	$46,548,832	−4.1%	2.65%
NFLX	Netflix Inc Communication Services	Added	579,839	+3,538	$40,345,197	−2.0%	2.30%
AMZN	Amazon Com Inc Consumer Cyclical	Added	152,680	+2,503	$38,040,222	+6.3%	2.17%
VTI	VANGUARD TOTAL STOCK MARKET INDEX FUND	Added	97,155	+2,635	$36,359,287	+4.0%	2.07%
META	Meta Platforms, Inc. Communication Services	Added	42,435	+200	$30,773,013	+29.3%	1.75%
AVGO	Broadcom Inc. Technology	Reduced	84,077	-75	$29,527,001	−7.1%	1.68%
MU	Micron Technology Inc Technology	Reduced	27,083	-295	$28,846,374	−8.7%	1.64%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	57,645	+275	$26,297,072	−4.0%	1.50%
AMD	Advanced Micro Devices Inc Technology	Reduced	33,335	-588	$20,393,019	+3.5%	1.16%
JPM	Jpmorgan Chase & Co Financial Services	Added	57,749	+173	$19,105,101	+1.4%	1.09%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	41,625	-1,335	$14,768,966	−18.3%	0.84%
JNJ	Johnson & Johnson Healthcare	Added	51,796	+128	$13,712,473	+4.5%	0.78%
LLY	ELI LILLY & Co Healthcare	Held	11,066	0	$12,804,247	−3.5%	0.73%
VEA	Vanguard FTSE Developed Markets ETF	Held	180,120	0	$12,718,273	−0.9%	0.73%
AMAT	Applied Materials Inc Technology	Reduced	22,888	-196	$11,704,465	−29.9%	0.67%
CSCO	Cisco Systems, Inc. Technology	Reduced	106,094	-491	$11,418,897	−8.8%	0.65%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	21,108	+413	$10,510,728	+1.5%	0.60%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	39,180	+29,465	$10,372,905	+39.9%	0.59%
V	Visa Inc. Financial Services	Added	28,754	+4	$10,332,174	+4.7%	0.59%
CBRS	Cerebras Systems Inc. Technology	Added	56,271	+54,783	$9,996,543	+2939.9%	0.57%
XOM	ExxonMobil Holdings Corp Energy	NEW	57,413	NEW	$9,343,965	NEW	0.53%
ABBV	AbbVie Inc. Healthcare	Added	34,634	+108	$9,059,908	+4.3%	0.52%
WMT	Walmart Inc. Consumer Defensive	Reduced	84,814	-4,697	$8,813,870	−13.1%	0.50%
IWC	iShares Micro-Cap ETF	Reduced	46,321	-684	$8,560,120	−9.0%	0.49%
ASML	Asml Holding NV Technology	Held	4,483	0	$8,121,716	−8.9%	0.46%
PM	Philip Morris International Inc. Consumer Defensive	Added	39,583	+8,741	$7,553,228	+35.4%	0.43%
VWO	VANGUARD EMERGING MARKETS STOCK INDEX FUND	Held	127,007	0	$7,532,785	−0.6%	0.43%
AU	AngloGold Ashanti PLC Basic Materials	Added	79,927	+268	$7,509,141	+16.5%	0.43%
MS	Morgan Stanley Financial Services	Added	38,159	+10	$7,176,944	−10.0%	0.41%
CVX	Chevron Corp Energy	Added	34,382	+88	$7,021,148	+23.5%	0.40%
ACWI	iShares MSCI ACWI ETF	Held	44,053	0	$6,994,294	+1.1%	0.40%
TECK	Teck Resources Ltd Basic Materials	Held	105,131	0	$6,916,568	+10.6%	0.39%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	13,572	+709	$6,902,040	+2.7%	0.39%
INTC	Intel Corp Technology	Reduced	56,985	-10,253	$6,851,306	−27.0%	0.39%
PLTR	Palantir Technologies Inc. Technology	Reduced	35,421	-1,975	$6,625,498	+51.9%	0.38%
RACE	Ferrari N.V. Consumer Cyclical	Added	15,292	+66	$6,007,462	+6.0%	0.34%
MA	Mastercard Inc Financial Services	Added	10,683	+112	$5,891,354	+8.5%	0.34%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	6,231	-1,918	$5,672,328	−25.6%	0.32%
LRCX	Lam Research Corp Technology	Reduced	17,004	-815	$5,585,984	−27.7%	0.32%
GE	General Electric Co Industrials	Added	17,797	+2,200	$5,557,825	−4.7%	0.32%
VFH	VANGUARD FINANCIALS INDEX FUND	Added	42,231	+652	$5,493,830	+0.4%	0.31%
MRK	Merck & Co., Inc. Healthcare	Reduced	37,403	-307	$5,435,029	+12.2%	0.31%
KO	Coca Cola Co Consumer Defensive	Added	61,888	+187	$5,327,319	+6.2%	0.30%
GILD	Gilead Sciences, Inc. Healthcare	Added	35,698	+412	$5,320,786	+19.4%	0.30%

Showing the top 50 of 607 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.