STEPHENS INC /AR/

CIK

757657

Location

LITTLE ROCK, AR

Portfolio Value

Mid $4,657,657,369

Diversification

Diversified

Filing Date

Global Rank

#550 / 8,232 ▲ 64

Top Industry

Semiconductors 8.3%

3Y Alpha vs SPY

-3.5%

Period ended 2 months ago

Filed Apr 28, 2026 · 47d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+61.5%

SPY

+76.3%

Annualised alpha

-3.5%

Max drawdown

−18.2%

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

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

Top Position

4.5%

−0.4 pts

Top 5

17.9%

−0.8 pts

Top 10

30.7%

−2.0 pts

HHI

131

Diversified−9

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	22.3%	$1,036,832,386	122
Financial Services	16.1%	$749,957,149	165
Industrials	10.5%	$487,281,341	121
Consumer Cyclical	9.3%	$431,028,700	75
Consumer Defensive	8.3%	$385,389,213	49
Healthcare	7.9%	$367,320,406	85
Unclassified	7.6%	$355,213,474	12
Energy	5.9%	$273,916,931	54
Communication Services	4.9%	$226,293,023	22
Basic Materials	3.2%	$148,460,498	35
Utilities	2.9%	$133,721,725	28
Real Estate	1.3%	$62,242,523	36

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
NDMO	Nuveen Dynamic Municipal Opportunities Fund	+365,160	375,160	$3,860,396
OTF	Blue Owl Technology Finance Corp.	+325,508	890,862	$11,037,780
KRUS	Kura Sushi USA, Inc.	+267,955	1,107,263	$77,275,884
FG	F&G Annuities & Life, Inc.	+254,752	266,175	$6,739,551
WMT	Walmart Inc.	+96,913	1,540,042	$191,396,419
NXP	Nuveen Select Tax Free Income Portfolio	+90,129	666,432	$9,563,299
SLI	Standard Lithium Ltd.	+89,755	247,110	$842,645
PHYS	Sprott Physical Gold Trust	+75,174	110,099	$3,901,908
ORI	Old Republic International Corp	+64,129	253,824	$10,127,577
AMZN	Amazon Com Inc	+53,650	652,465	$135,888,885
TAP	Molson Coors Beverage Co	+53,503	75,322	$3,243,365
ARCC	Ares Capital Corp	+47,535	1,183,795	$21,331,985
GGN	GAMCO Global Gold, Natural Resources & Income Trust	+46,217	62,417	$332,058
FCX	Freeport-Mcmoran Inc	+41,256	96,611	$5,678,794
PEP	Pepsico Inc	+39,516	173,304	$26,912,378
SGOL	abrdn Gold ETF Trust	+39,440	46,540	$2,076,614
DUK	Duke Energy CORP	+38,505	345,684	$45,263,862
PLGO	Pelagos Insurance Capital Ltd	+30,124	267,329	$5,108,657
SCHW	Schwab Charles Corp	+29,219	52,506	$4,934,513
EPD	Enterprise Products Partners L.P.	+27,271	632,544	$23,935,464
TRN	Trinity Industries Inc	+26,413	167,051	$5,375,701
XYZ	Block, Inc.	+25,367	36,962	$2,224,373
NVDA	Nvidia Corp	+24,646	810,438	$141,340,387
BWG	BrandywineGLOBAL-Global Income Opportunities Fund Inc	+23,217	158,528	$1,215,909
CLF	Cleveland-Cliffs Inc.	+22,914	52,022	$439,585
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	−126,435	345,595	$3,155,282
ADEA	Adeia Inc.	−106,442	565,167	$13,580,963
WRB	Berkley W R Corp	−104,690	169,325	$11,222,861
AES	Aes Corp	−93,602	746,392	$10,516,663
OBDC	Blue Owl Capital Corp	−72,851	1,592,507	$17,613,127
MRK	Merck & Co., Inc.	−69,234	272,906	$32,827,862
KREF	KKR Real Estate Finance Trust Inc.	−54,828	64,411	$394,195
GPC	Genuine Parts Co	−51,314	15,940	$1,685,655
XOM	Exxon Mobil Corp	−38,580	311,896	$52,916,275
KTOS	Kratos Defense & Security Solutions, Inc.	−35,635	304,359	$21,460,353
RY	Royal Bank Of Canada	−35,232	9,706	$1,570,236
SLV	iShares Silver Trust	−34,474	128,161	$8,732,890
SPY	Spdr S&P 500 ETF Trust	−30,314	166,554	$108,316,728
PINS	Pinterest, Inc.	−27,970	24,745	$453,823
HSY	Hershey Co	−27,769	24,636	$5,121,578
DVN	Devon Energy Corp/De	−26,227	42,223	$2,124,661
AAPL	Apple Inc.	−20,853	816,725	$207,276,637
ZTS	Zoetis Inc.	−20,505	108,583	$12,835,596
ABT	Abbott Laboratories	−19,715	83,258	$8,548,098
CPB	CAMPBELL'S Co	−19,182	58,963	$1,313,106
HQH	abrdn Healthcare Investors	−18,183	23,624	$420,270
JNJ	Johnson & Johnson	−15,730	174,298	$42,605,403
ACN	Accenture plc	−15,206	6,087	$1,206,991
AMD	Advanced Micro Devices Inc	−14,512	32,015	$6,512,811
LKQ	Lkq Corp	−12,827	126,983	$3,729,490
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AMCR	Amcor plc	116,756	$4,641,051
MDLN	Medline Inc.	86,180	$3,835,010
SANM	Sanmina Corp	18,225	$2,362,689
AZN	Astrazeneca PLC	11,625	$2,292,682
IONS	Ionis Pharmaceuticals Inc	26,761	$2,009,483
CALM	Cal-Maine Foods Inc	17,477	$1,383,304
TPG	TPG Inc.	30,000	$1,215,300
SAIC	Science Applications International Corp	11,929	$1,132,300
FSLY	Fastly, Inc.	33,269	$966,797
RYN	Rayonier Inc	39,358	$811,561
NDAQ	Nasdaq, Inc.	6,461	$548,474
RQI	Cohen & Steers Quality Income Realty Fund Inc	44,192	$532,513
CMC	COMMERCIAL METALS Co	8,490	$521,540
STRA	Strategic Education, Inc.	5,239	$434,627
AR	ANTERO RESOURCES Corp	10,213	$433,439
CHWY	Chewy, Inc.	15,934	$430,218
RELX	Relx PLC	11,882	$393,888
FROG	JFrog Ltd	8,076	$379,006
GKOS	GLAUKOS Corp	3,371	$362,921
ASTS	AST SpaceMobile, Inc.	4,272	$354,020
VSNT	Versant Media Group, Inc.	9,467	$350,468
ATI	Ati Inc	2,267	$329,757
RBC	RBC Bearings INC	601	$326,415
WAT	Waters Corp /De/	1,063	$316,561
PZZA	Papa Johns International Inc	9,697	$314,279
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CLS	Celestica Inc	17,169	$5,075,328
PAYC	Paycom Software, Inc.	11,784	$1,877,898
EXAS	EXACT SCIENCES CORP	9,279	$942,375
FTRE	Fortrea Holdings Inc.	50,958	$879,025
AJG	Arthur J. Gallagher & Co.	3,047	$788,533
NEA	Nuveen AMT-Free Quality Municipal Income Fund	56,975	$662,619
U	Unity Software Inc.	14,062	$621,118
CVNA	Carvana Co.	1,451	$612,351
TTAN	ServiceTitan, Inc.	5,457	$581,170
HUBS	Hubspot Inc	1,393	$559,010
LPLA	LPL Financial Holdings Inc.	1,341	$478,964
NRG	Nrg Energy, Inc.	2,938	$467,847
FDS	Factset Research Systems Inc	1,568	$455,017
CSTL	Castle Biosciences Inc	11,122	$432,645
VLTO	Veralto Corp	4,318	$430,850
SFD	Smithfield Foods Inc	18,927	$422,639
HLIT	Harmonic Inc.	41,893	$414,321
OVV	Ovintiv Inc.	10,352	$405,694
AVB	Avalonbay Communities Inc	2,154	$390,541
BLFS	Biolife Solutions Inc	15,953	$385,743
MCO	Moodys Corp /De/	712	$363,725
ARR	Armour Residential REIT, Inc.	19,310	$341,593
ANDE	Andersons, Inc.	6,405	$340,553
HRI	Herc Holdings Inc	2,282	$338,603
CWAN	Clearwater Analytics Holdings, Inc.	13,730	$331,167
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

804 positions · $4,657,657,369 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 804 positions by value · page 1 of 17

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Reduced	816,725	-20,853	$207,276,637	−9.0%	4.45%
WMT	Walmart Inc. Consumer Defensive	Added	1,540,042	+96,913	$191,396,419	+19.0%	4.11%
QQQ	Invesco Qqq Trust, Series 1	Reduced	262,925	-5,035	$151,755,051	−7.8%	3.26%
MSFT	Microsoft Corp Technology	Added	382,340	+21,251	$141,530,797	−19.0%	3.04%
NVDA	Nvidia Corp Technology	Added	810,438	+24,646	$141,340,387	−3.6%	3.03%
AMZN	Amazon Com Inc Consumer Cyclical	Added	652,465	+53,650	$135,888,885	−1.7%	2.92%
AVGO	Broadcom Inc. Technology	Added	411,322	+8,509	$127,308,272	−8.7%	2.73%
JPM	Jpmorgan Chase & Co Financial Services	Added	424,070	+9,279	$124,744,431	−6.7%	2.68%
SPY	Spdr S&P 500 ETF Trust	Reduced	166,554	-30,314	$108,316,728	−19.3%	2.33%
GOOGL	Alphabet Inc. Communication Services	Added	342,294	+838	$98,430,062	−7.9%	2.11%
KRUS	Kura Sushi USA, Inc. Consumer Cyclical	Added	1,107,263	+267,955	$77,275,884	+75.9%	1.66%
GS	Goldman Sachs Group Inc Financial Services	Added	81,322	+5,080	$68,797,598	+2.7%	1.48%
META	Meta Platforms, Inc. Communication Services	Added	101,151	+7,817	$57,871,521	−6.1%	1.24%
CVX	Chevron Corp Energy	Added	268,036	+7,568	$55,456,648	+39.7%	1.19%
XOM	Exxon Mobil Corp Energy	Reduced	311,896	-38,580	$52,916,275	+25.5%	1.14%
MA	Mastercard Inc Financial Services	Added	91,580	+654	$45,758,862	−11.8%	0.98%
DUK	Duke Energy CORP Utilities	Added	345,684	+38,505	$45,263,862	+25.7%	0.97%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Added	94,615	+14,976	$43,824,721	+14.5%	0.94%
JNJ	Johnson & Johnson Healthcare	Reduced	174,298	-15,730	$42,605,403	+8.3%	0.91%
AMGN	Amgen Inc Healthcare	Added	114,544	+9,094	$40,302,306	+16.8%	0.87%
CAT	Caterpillar Inc Industrials	Reduced	56,306	-1,937	$39,890,548	+19.6%	0.86%
PLTR	Palantir Technologies Inc. Technology	Added	264,695	+11,751	$38,719,584	−13.9%	0.83%
CSCO	Cisco Systems, Inc. Technology	Reduced	483,636	-1,329	$37,525,317	+0.5%	0.81%
V	Visa Inc. Financial Services	Reduced	122,151	-1,264	$36,918,918	−14.7%	0.79%
NEM	NEWMONT Corp /DE/ Basic Materials	Added	324,376	+18,674	$35,113,702	+15.0%	0.75%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	72,223	+4,322	$34,609,261	+1.4%	0.74%
LLY	ELI LILLY & Co Healthcare	Reduced	36,913	-486	$33,951,470	−15.5%	0.73%
BX	Blackstone Inc. Financial Services	Reduced	291,762	-4,407	$33,549,712	−26.5%	0.72%
MLM	Martin Marietta Materials Inc Basic Materials	Added	56,111	+4,785	$33,031,423	+3.4%	0.71%
MRK	Merck & Co., Inc. Healthcare	Reduced	272,906	-69,234	$32,827,862	−8.8%	0.70%
APH	Amphenol Corp /De/ Technology	Reduced	246,384	-3,461	$31,130,618	−7.8%	0.67%
ABBV	AbbVie Inc. Healthcare	Reduced	142,021	-8,371	$30,888,147	−10.1%	0.66%
PEP	Pepsico Inc Consumer Defensive	Added	173,304	+39,516	$26,912,378	+40.2%	0.58%
ET	Energy Transfer LP Energy	Reduced	1,380,437	-895	$26,642,434	+17.0%	0.57%
WM	Waste Management Inc Industrials	Reduced	115,596	-4,023	$26,562,804	+1.1%	0.57%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	110,534	-223	$26,116,973	−2.2%	0.56%
MDT	Medtronic plc Healthcare	Added	284,904	+17,286	$24,686,931	−4.0%	0.53%
IAU	Ishares Gold Trust	Reduced	273,835	-12,743	$24,141,293	+3.8%	0.52%
EPD	Enterprise Products Partners L.P. Energy	Added	632,544	+27,271	$23,935,464	+23.3%	0.51%
JBHT	Hunt J B Transport Services Inc Industrials	Reduced	109,941	-248	$23,296,497	+8.8%	0.50%
LMT	Lockheed Martin Corp Industrials	Added	38,484	+72	$23,259,344	+25.2%	0.50%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	475,941	-1,642	$23,202,123	−11.7%	0.50%
MCD	Mcdonalds Corp Consumer Cyclical	Added	72,438	+1,843	$22,513,006	+4.3%	0.48%
KO	Coca Cola Co Consumer Defensive	Reduced	292,489	-7,220	$22,243,788	+6.2%	0.48%
APO	Apollo Global Management, Inc. Financial Services	Added	197,200	+1,559	$21,972,024	−22.4%	0.47%
KTOS	Kratos Defense & Security Solutions, Inc. Industrials	Reduced	304,359	-35,635	$21,460,353	−16.8%	0.46%
ARCC	Ares Capital Corp Financial Services	Added	1,183,795	+47,535	$21,331,985	−7.2%	0.46%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	63,678	-147	$20,943,057	−4.6%	0.45%
ETN	Eaton Corp plc Industrials	Added	58,470	+3,399	$20,912,964	+19.2%	0.45%
GE	General Electric Co Industrials	Added	69,354	+13,905	$19,680,584	+15.2%	0.42%