Institution

Advisory Services Network, LLC

13F for the quarter to June 30, 2026, filed August 12, 2026 · SEC CIK 1573876

Reported value: $8.8bn
Positions we cover: 958
Copy, a year: +14.0%
Copy Sharpe ratio: 0.65

How copying its 13F would have done

CopyS&P 500 $10,000 copying Advisory Services Network, LLC's filed holdings in companies we cover from February 9, 2018, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.6% (S&P 500 −31.8%); beta 1.02; alpha −0.8% a year (t = −0.91); last 12 months +11.5% against +12.1%.

Reported value by quarter

Advisory Services Network, LLC: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2017-12-31	$1.1B
2018-03-31	$1.3B
2018-06-30	$1.3B
2018-09-30	$1.4B
2018-12-31	$1.1B
2019-03-31	$1.4B
2019-06-30	$1.6B
2019-09-30	$1.6B
2019-12-31	$1.9B
2020-03-31	$1.5B
2020-06-30	$1.8B
2020-09-30	$2.1B
2020-12-31	$2.5B
2021-03-31	$2.7B
2021-06-30	$3.2B
2021-09-30	$3.1B
2021-12-31	$3.5B
2022-03-31	$3.4B
2022-06-30	$2.9B
2022-09-30	$2.8B
2022-12-31	$3.3T
2023-03-31	$3.6B
2023-06-30	$3.8B
2023-09-30	$3.7B
2023-12-31	$4.1B
2024-03-31	$4.5B
2024-06-30	$4.8B
2024-09-30	$4.8B
2024-12-31	$5.4B
2025-03-31	$5.2B
2025-06-30	$6.2B
2025-09-30	$6.8B
2025-12-31	$7.1B
2026-03-31	$7.5B
2026-06-30	$8.8B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	2.93%	$257.0m	888.0K	+1.2% Added
NVDANVIDIA Corporation	2.92%	$255.8m	1.28M	+2.8% Added
PWRQuanta Services	1.82%	$159.6m	221.7K	−3.5% Reduced
WMTWalmart	1.64%	$143.9m	1.27M	+1.2% Added
AMZNAmazon	1.51%	$132.0m	554.0K	+2.9% Added
MSFTMicrosoft Corporation	1.38%	$120.7m	323.5K	+6.1% Added
GOOGLAlphabet Inc. (Class A)	1.14%	$100.0m	279.8K	+5.4% Added
AVGOBroadcom	1.02%	$89.3m	236.4K	+4.0% Added
MUMicron Technology	0.87%	$76.5m	66.3K	−8.0% Reduced
LRCXLam Research	0.81%	$70.8m	163.4K	−1.1% Reduced
LLYLilly (Eli)	0.70%	$61.3m	51.1K	+0.9% Added
JPMJPMorgan Chase	0.69%	$60.8m	185.8K	+4.3% Added
METAMeta Platforms	0.53%	$46.2m	82.0K	+1.4% Added
AMDAdvanced Micro Devices	0.50%	$44.1m	75.8K	−15.3% Reduced
STXSeagate Technology	0.49%	$43.3m	44.9K	−8.9% Reduced
CATCaterpillar Inc.	0.49%	$43.3m	40.6K	−0.5%
TSMTaiwan Semiconductor Manufacturing Co LTD	0.49%	$43.1m	90.3K	+3.1% Added
TSLATesla, Inc.	0.48%	$42.4m	100.7K	+1.5% Added
AMATApplied Materials	0.48%	$41.7m	57.7K	−7.9% Reduced
GEVGE Vernova	0.46%	$40.0m	34.1K	+0.4%
KLACKLA Corporation	0.41%	$36.1m	119.6K	+894.7% Added
CSCOCisco	0.38%	$33.1m	281.7K	−2.1% Reduced
ABBVAbbVie	0.35%	$30.9m	122.8K	+3.8% Added
ANETArista Networks	0.34%	$30.0m	176.8K	0.0%
TPLTexas Pacific Land Corporation	0.34%	$29.9m	68.4K	0.0%
CRWDCrowdStrike	0.33%	$28.9m	37.8K	−6.2% Reduced
CVXChevron Corporation	0.31%	$27.3m	164.7K	−1.7% Reduced
PLTRPalantir Technologies Inc.	0.30%	$26.8m	229.5K	−0.4%
COSTCostco	0.30%	$26.4m	28.2K	+10.9% Added
VVisa Inc.	0.29%	$25.4m	74.0K	+4.7% Added
MAMastercard	0.27%	$23.8m	46.3K	+6.0% Added
GLWCorning Inc.	0.27%	$23.6m	92.5K	+7.0% Added
HDThe Home Depot	0.26%	$22.8m	64.8K	+13.2% Added
GEGE Aerospace	0.26%	$22.4m	59.9K	+12.6% Added
JNJJohnson & Johnson	0.25%	$21.7m	85.4K	−0.8% Reduced
WDCWestern Digital	0.24%	$21.2m	33.1K	−4.1% Reduced
MARMarriott International	0.24%	$21.0m	56.7K	+7.9% Added
IBMIBM	0.23%	$20.4m	72.6K	+0.2%
GSGoldman Sachs	0.22%	$19.4m	19.2K	+11.9% Added
MRKMerck & Co.	0.22%	$19.3m	150.0K	+4.7% Added
INTCIntel	0.22%	$19.2m	137.8K	−26.6% Reduced
CMICummins	0.20%	$17.9m	25.1K	+10.9% Added
VZVerizon	0.20%	$17.4m	410.8K	+7.0% Added
ETNEaton Corporation	0.20%	$17.1m	40.2K	+4.2% Added
DELLDell Technologies	0.19%	$17.0m	39.5K	−2.5% Reduced
PMPhilip Morris International	0.19%	$17.0m	94.0K	−1.9% Reduced
PGProcter & Gamble	0.19%	$16.9m	115.3K	−1.2% Reduced
PANWPalo Alto Networks	0.19%	$16.9m	49.4K	+13.3% Added
ORCLOracle Corporation	0.19%	$16.7m	114.0K	+8.6% Added
UNHUnitedHealth Group	0.19%	$16.6m	40.0K	−6.2% Reduced
DEDeere & Company	0.19%	$16.3m	25.7K	+2.8% Added
ADIAnalog Devices	0.18%	$15.8m	39.8K	−7.6% Reduced
NEENextEra Energy	0.18%	$15.8m	180.0K	+11.1% Added
NFLXNetflix	0.17%	$15.3m	214.3K	+6.6% Added
MRVLMarvell Technology	0.17%	$15.2m	51.2K	+9.6% Added
QCOMQualcomm	0.16%	$14.2m	76.9K	−14.4% Reduced
MOAltria	0.16%	$14.1m	196.5K	+10.8% Added
VRTVertiv	0.16%	$14.0m	41.8K	+0.1%
PSXPhillips 66	0.16%	$14.0m	82.6K	+12.1% Added
LMTLockheed Martin	0.16%	$13.9m	27.3K	+9.6% Added
STLDSteel Dynamics	0.16%	$13.8m	60.0K	+2.3% Added
AFLAflac	0.16%	$13.7m	117.2K	+6.6% Added
COPConocoPhillips	0.16%	$13.6m	131.3K	0.0%
MCDMcDonald's	0.15%	$13.6m	50.3K	+5.6% Added
TJXTJX Companies	0.15%	$13.4m	88.3K	+0.8% Added
NBISNebius Group N.V.	0.15%	$12.9m	46.7K	−13.9% Reduced
ARMARM Holdings PLC	0.15%	$12.9m	36.4K	+127.4% Added
MPCMarathon Petroleum	0.15%	$12.9m	50.4K	−4.8% Reduced
APHAmphenol	0.15%	$12.8m	72.7K	−3.7% Reduced
AMGNAmgen	0.14%	$12.2m	33.6K	+15.4% Added
MCKMcKesson	0.14%	$12.1m	16.0K	+3.5% Added
NOWServiceNow	0.14%	$11.8m	119.3K	+23.4% Added
ASMLAsml Holding NV	0.13%	$11.7m	5.9K	−6.3% Reduced
SOSouthern Company	0.13%	$11.6m	121.0K	−0.3%
KOThe Coca-Cola Company	0.13%	$11.4m	139.7K	+2.0% Added
HWMHowmet Aerospace	0.13%	$11.2m	41.5K	+13.1% Added
AXPAmerican Express	0.13%	$11.2m	33.0K	+1.4% Added
LOWLowe's	0.13%	$11.0m	49.8K	+3.0% Added
RTXRTX Corporation	0.12%	$10.9m	57.5K	+4.2% Added
BEBloom Energy	0.12%	$10.8m	35.7K	+63.7% Added
SNDKSandisk	0.12%	$10.7m	4.7K	+41.6% Added
BACBank of America	0.12%	$10.6m	186.4K	+6.8% Added
TAT&T	0.12%	$10.5m	508.9K	+5.6% Added
ISRGIntuitive Surgical	0.12%	$10.4m	26.2K	−2.4% Reduced
MELIMercadolibre Inc	0.12%	$10.2m	6.0K	+29.2% Added
DUKDuke Energy	0.12%	$10.1m	79.9K	+5.2% Added
CLSCelestica Inc	0.12%	$10.1m	27.7K	−7.2% Reduced
POWLPowell Industries Inc	0.11%	$10.0m	34.8K	+178.7% Added
FTNTFortinet	0.11%	$9.8m	64.0K	+0.6% Added
APPApplovin Corp	0.11%	$9.7m	18.8K	−19.5% Reduced
VLOValero Energy	0.11%	$9.6m	36.9K	−3.7% Reduced
SHOPShopify Inc.	0.11%	$9.5m	83.5K	+18.0% Added
EPDEnterprise Products Partners L.p.	0.11%	$9.4m	256.5K	+1.6% Added
SYKStryker Corporation	0.11%	$9.3m	29.4K	+4.4% Added
URIUnited Rentals	0.10%	$9.1m	8.0K	−2.8% Reduced
PEPPepsiCo	0.10%	$9.1m	66.9K	+6.8% Added
VSTVistra Corp.	0.10%	$8.8m	55.7K	+7.0% Added
AZOAutoZone	0.10%	$8.6m	2.7K	+1.9% Added
LINLinde plc	0.10%	$8.5m	16.3K	+5.1% Added
MDTMedtronic	0.10%	$8.4m	106.8K	+29.6% Added
TDGTransDigm Group	0.09%	$8.3m	6.2K	−1.5% Reduced
WMWaste Management	0.09%	$8.2m	36.7K	+10.7% Added
TFCTruist Financial	0.09%	$8.0m	161.1K	−0.2%
SLBSchlumberger	0.09%	$8.0m	172.2K	+0.9% Added
NEMNewmont	0.09%	$8.0m	85.6K	−11.1% Reduced
UBERUber	0.09%	$8.0m	110.2K	+27.1% Added
GILDGilead Sciences	0.09%	$7.9m	62.5K	−15.7% Reduced
MSMorgan Stanley	0.09%	$7.8m	37.3K	0.0%
LNGCheniere Energy, Inc.	0.09%	$7.8m	32.5K	+12.8% Added
WFCWells Fargo	0.09%	$7.4m	90.0K	−13.1% Reduced
BABoeing	0.08%	$7.4m	34.1K	+4.6% Added
MEDPMedpace Holdings, Inc.	0.08%	$7.3m	13.8K	−14.1% Reduced
LBLandbridge Corp	0.08%	$7.3m	91.9K	+1.1% Added
ASTSAST Spacemobile, Inc.	0.08%	$7.0m	79.2K	−2.3% Reduced
ABTAbbott Laboratories	0.08%	$6.8m	75.1K	+12.8% Added
CLColgate-Palmolive	0.08%	$6.8m	73.7K	+4.3% Added
UNPUnion Pacific Corporation	0.08%	$6.7m	24.8K	+5.9% Added
CCitigroup	0.08%	$6.7m	48.2K	+1.2% Added
PFEPfizer	0.08%	$6.7m	278.1K	+7.6% Added
WMBWilliams Companies	0.08%	$6.7m	89.7K	+7.5% Added
BMYBristol Myers Squibb	0.07%	$6.6m	114.6K	+28.9% Added
BMOBank Of Montreal	0.07%	$6.5m	37.0K	−1.7% Reduced
TMOThermo Fisher Scientific	0.07%	$6.5m	13.0K	−8.7% Reduced
EOGEOG Resources	0.07%	$6.4m	49.6K	+3.8% Added
SHWSherwin-Williams	0.07%	$6.4m	18.7K	+2.8% Added
UPSUnited Parcel Service	0.07%	$6.4m	59.4K	+13.5% Added
CBChubb Limited	0.07%	$6.3m	18.5K	−2.3% Reduced
PBTPermian Basin Royalty Trust	0.07%	$6.2m	249.6K	−0.7% Reduced
FCXFreeport-McMoRan	0.07%	$6.2m	99.4K	+7.2% Added
CVSCVS Health	0.07%	$6.2m	59.9K	+10.2% Added
GDGeneral Dynamics	0.07%	$6.2m	17.4K	+2.7% Added
SPGSimon Property Group	0.07%	$6.1m	27.4K	+19.4% Added
ADBEAdobe Inc.	0.07%	$6.1m	29.8K	+57.7% Added
AGXArgan Inc	0.07%	$6.0m	7.5K	+3.2% Added
TPRTapestry, Inc.	0.07%	$5.9m	40.3K	+1.3% Added
INCYIncyte	0.07%	$5.8m	51.6K	−0.8% Reduced
AMTAmerican Tower	0.07%	$5.8m	35.4K	−18.0% Reduced
LITELumentum	0.07%	$5.8m	6.7K	+50.2% Added
FIXComfort Systems USA	0.07%	$5.8m	2.9K	−5.0% Reduced
BXBlackstone Inc.	0.07%	$5.7m	48.6K	+0.8% Added
KMBKimberly-Clark	0.07%	$5.7m	52.1K	−15.8% Reduced
ALABAstera Labs, Inc.	0.07%	$5.7m	11.8K	+18.8% Added
ETREntergy	0.07%	$5.7m	49.3K	+27.8% Added
FISFidelity National Information Services	0.07%	$5.7m	145.6K	−0.8% Reduced
ROKURoku, Inc	0.06%	$5.6m	40.3K	+1.3% Added
WECWEC Energy Group	0.06%	$5.5m	47.0K	+2.9% Added
TXNTexas Instruments	0.06%	$5.4m	18.3K	+8.3% Added
ORLYO'Reilly Automotive	0.06%	$5.4m	59.1K	+25.7% Added
TRVThe Travelers Companies	0.06%	$5.4m	16.4K	+3.9% Added
OKEOneok	0.06%	$5.4m	61.8K	−16.0% Reduced

Company	Bought (value)	Shares
KLACKLA Corporation	$32.5m	107.6K
ARMARM Holdings PLC	$7.2m	20.4K
NVDANVIDIA Corporation	$7.0m	35.1K
MSFTMicrosoft Corporation	$7.0m	18.7K
POWLPowell Industries Inc	$6.4m	22.3K
GOOGLAlphabet Inc. (Class A)	$5.1m	14.3K
SPCXSpace Exploration Technologies Corp	$4.6m	26.7K
BEBloom Energy	$4.2m	13.9K
AMZNAmazon	$3.7m	15.7K
BKNGBooking Holdings	$3.5m	19.8K
AVGOBroadcom	$3.5m	9.2K
FLEXFlex Ltd.	$3.3m	20.2K
SNDKSandisk	$3.1m	1.4K
FANGDiamondback Energy	$3.0m	17.2K
AAPLApple Inc.	$2.9m	10.1K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AMDAdvanced Micro Devices	−$8.0m	−13.7K
INTCIntel	−$7.0m	−50.1K
MUMicron Technology	−$6.6m	−5.8K
PWRQuanta Services	−$5.7m	−8.0K
STXSeagate Technology	−$4.2m	−4.4K
HUMHumana	−$3.8m	−9.5K
AMATApplied Materials	−$3.6m	−5.0K
CFCF Industries	−$2.9m	−26.4K
SBUXStarbucks	−$2.7m	−26.5K
QCOMQualcomm	−$2.4m	−13.0K
APPApplovin Corp	−$2.4m	−4.6K
NBISNebius Group N.V.	−$2.1m	−7.5K
APTVAptiv	−$2.0m	−28.2K
CRWDCrowdStrike	−$1.9m	−2.5K
CNKCinemark Holdings, Inc.	−$1.9m	−58.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
APTVAptiv	$2.0m	28.2K
CWHCamping World Holdings, Inc.	$1.3m	188.1K
LKQLKQ Corp	$1.2m	42.5K
AESAES Corporation	$1.2m	85.5K
KRCKilroy Realty Corp	$1.1m	38.0K
SGISomnigroup International Inc.	$1.0m	14.0K
CMCCommercial Metals Co	$767,243	12.5K
ASANAsana, Inc.	$721,735	112.8K
VALValaris Ltd	$703,045	7.2K
NRTNorth European OIL Royalty Trust	$615,030	68.3K
UIUbiquiti Inc.	$607,535	769
BWINBaldwin Insurance Group, Inc.	$579,545	26.4K
THOThor Industries Inc	$575,927	7.2K
RVTYRevvity	$548,529	6.3K
GENGen Digital Inc.	$546,152	29.0K
FRMIFermi Inc.	$495,378	84.8K
USFDUS Foods Holding Corp.	$491,323	5.3K
CRBGCorebridge Financial, Inc.	$473,152	19.8K
DUOLDuolingo, Inc.	$463,180	4.7K
IPIIntrepid Potash, Inc.	$453,362	10.6K
PURRHyperliquid Strategies Inc	$451,259	88.7K
GFFGriffon Corp	$443,216	6.1K
ETSYEtsy Inc	$429,128	8.6K
FTAIFTAI Aviation Ltd.	$392,277	1.6K
GOLFAcushnet Holdings Corp.	$388,683	4.2K
HMCHonda Motor Co LTD	$364,990	15.0K
BAHBooz Allen Hamilton Holding Corp	$355,348	4.6K
JAZZJazz Pharmaceuticals plc	$347,114	1.8K
IMAXImax Corp	$346,119	9.1K
HIIHuntington Ingalls Industries	$343,470	904

Technology37.4%
Industrials14.6%
Financials8.8%
Consumer Discretionary8.3%
Health Care7.7%
Consumer Staples7.1%
Energy5.4%
Communication Services5.1%
Utilities2.4%
Materials2.3%
Real Estate1.0%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestFebruary 9, 2018 to November 2, 2026	+14.0%	+14.7%	0.65	0.70	−32.6%	1.02
Last three yearsNovember 3, 2023 to November 2, 2026	+21.9%	+21.8%	1.14	1.16	−18.2%	1.02
Last yearNovember 7, 2025 to November 2, 2026	+13.9%	+14.2%	0.83	0.84	−6.9%	0.92

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.