1y return+13.0%S&P 500 +20.9%
3y return+40.4%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2023: $146 against $182 in the S&P 500.2
Arete Wealth Advisors, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AAPLApple Inc | $53.6M | 3.5% | +22.3% |
| RSPInvesco Exchange Traded Fd | $50.3M | 3.3% | +16.6% |
| BINCBlackrock Etf Trust II | $46.9M | 3.1% | +1.8% |
| DISDisney Walt Co | $44.2M | 2.9% | |
| NVDANvidia Corporation | $40.8M | 2.7% | +4.3% |
| FBNDFidelity Merrimack Str Tr | $37.9M | 2.5% | +5.7% |
| PVALPutnam Etf Trust | $34.4M | 2.3% | −3.6% |
| SPABSpdr Series Trust | $34.4M | 2.3% | |
| SPYMSpdr Series Trust | $34.4M | 2.3% | +11.3% |
| VUGVanguard Index Fds | $31.2M | 2.1% | +3.5% |
| EFVIshares Tr | $23.4M | 1.5% | −3.1% |
| AMZNAmazon Com Inc | $22.3M | 1.5% | +8.1% |
| MSFTMicrosoft Corp | $20.9M | 1.4% | +17.2% |
| GOOGLAlphabet Inc | $20.6M | 1.4% | +21.9% |
| BILSpdr Series Trust | $18.5M | 1.2% | +53.4% |
| JNJJohnson & Johnson | $18.0M | 1.2% | −11.7% |
| PULSPgim Etf Tr | $17.9M | 1.2% | −4.3% |
| QQQInvesco Qqq Tr | $16.3M | 1.1% | +31.4% |
| SPTMSpdr Series Trust | $15.6M | 1.0% | |
| IWDIshares Tr | $14.9M | 1.0% | +29.1% |
| AVGOBroadcom Inc | $14.7M | 1.0% | +8.6% |
| RXTRackspace Technology Inc | $14.2M | 0.9% | +870.2% |
| GLDSpdr Gold Tr | $14.0M | 0.9% | −27.3% |
| SPYState Str Spdr S&p 500 Etf | $13.4M | 0.9% | −38.6% |
| IWFIshares Tr | $13.2M | 0.9% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $10.5M |
| TSMTaiwan Semiconductor Manufa | June 30, 2024 | +174.8% | $11.6M |
| IWFIshares Tr | June 30, 2020 | +158.7% | $13.2M |
| VUGVanguard Index Fds | June 30, 2020 | +155.7% | $31.2M |
| GOOGAlphabet Inc | December 31, 2023 | +150.7% | $12.6M |
| VOOVanguard Index Fds | June 30, 2020 | +142.3% | $11.7M |
| SPYState Str Spdr S&p 500 Etf | June 30, 2020 | +142.2% | $13.4M |
| AVGOBroadcom Inc | June 30, 2024 | +135.3% | $14.7M |
| GLDSpdr Gold Tr | June 30, 2020 | +120.1% | $14.0M |
| GOOGLAlphabet Inc | September 30, 2024 | +115.5% | $20.6M |
Sold off last quarter
- XOPSpdr Series Trust was $5.0M
- NEMNewmont Corp was $4.9M
- IGVIshares Tr was $4.4M
- MTZMastec Inc was $3.9M
- ITAIshares Tr was $3.7M
- KHPIManaged Portfolio Series was $3.6M
- Proshares TrCUSIP 74347B958 was $3.5M
- VRTVertiv Holdings Co was $3.4M
- PPAInvesco Exchange Traded Fd was $3.2M
- VPUVanguard World Fd was $3.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +7.0% | +14.8% |
| March 31, 2026 | −1.9% | −4.6% |
| December 31, 2025 | +1.4% | +2.4% |
| September 30, 2025 | +6.2% | +7.8% |
| June 30, 2025 | +7.5% | +10.5% |
| March 31, 2025 | −1.8% | −4.6% |
| December 31, 2024 | +0.6% | +2.1% |
| September 30, 2024 | +5.8% | +5.4% |
| June 30, 2024 | −1.6% | +4.0% |
| March 31, 2024 | +6.7% | +10.0% |
| December 31, 2023 | +8.8% | +11.2% |
| September 30, 2023 | −3.2% | −3.6% |
| June 30, 2023 | +3.7% | +8.3% |
| December 31, 2022 | +6.6% | +7.1% |
| September 30, 2022 | −5.0% | −5.3% |
| June 30, 2022 | −13.5% | −16.5% |
| March 31, 2022 | −4.0% | −4.9% |
| December 31, 2021 | +5.7% | +10.7% |
| September 30, 2021 | −1.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Arete Wealth Advisors, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1600151&type=13F-HR&dateb=&owner=include&count=40CIK 1600151
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1600151/000160015126000009/Filed August 13, 2026 · accession 0001600151-26-000009