1y return+19.4%S&P 500 +20.9%
3y return+51.2%S&P 500 +68.5%
5y return+46.6%S&P 500 +74.5%
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, 2020: $235 against $290 in the S&P 500.2
Level Four Advisory Services, 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 | $142.8M | 4.0% | +1.7% |
| LGROAlps Etf Tr | $105.9M | 3.0% | +8.4% |
| QQQInvesco Qqq Tr | $104.4M | 2.9% | |
| MSFTMicrosoft Corp | $67.9M | 1.9% | +12.1% |
| NVDANvidia Corporation | $62.6M | 1.8% | +6.0% |
| AMZNAmazon Com Inc | $60.7M | 1.7% | +1.6% |
| MUMicron Technology Inc | $58.2M | 1.6% | −6.2% |
| GOOGLAlphabet Inc | $53.4M | 1.5% | −1.3% |
| VOOVanguard Index Fds | $48.2M | 1.4% | +1.8% |
| SPYMSpdr Series Trust | $47.8M | 1.3% | +2.7% |
| TCAFT Rowe Price Exchange-traded | $45.8M | 1.3% | −6.7% |
| AVGOBroadcom Inc | $45.4M | 1.3% | +3.2% |
| JIREJ P Morgan Exchange Traded F | $38.6M | 1.1% | +1.3% |
| ABBVAbbvie Inc | $34.0M | 1.0% | +2.2% |
| USFRWisdomtree Tr | $33.1M | 0.9% | |
| SMTHAlps Etf Tr | $32.3M | 0.9% | +1.4% |
| JPMJpmorgan Chase & Co | $32.1M | 0.9% | +3.1% |
| MOATVaneck Etf Trust | $29.5M | 0.8% | +1.5% |
| AMDAdvanced Micro Devices Inc | $27.2M | 0.8% | −13.4% |
| SMHVaneck Etf Trust | $27.0M | 0.8% | +10.1% |
| METAMeta Platforms Inc | $25.3M | 0.7% | +1.4% |
| SNDKSandisk Corp | $24.4M | 0.7% | −44.5% |
| KLACKla Corp | $24.3M | 0.7% | +904.5% |
| QQQMInvesco Exch Traded Fd Tr II | $22.8M | 0.6% | |
| AGGIshares Tr | $22.0M | 0.6% | −8.0% |
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 |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $62.6M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $45.4M |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $27.2M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $17.2M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $53.4M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $17.8M |
| SMHVaneck Etf Trust | March 31, 2023 | +398.4% | $27.0M |
| MSMorgan Stanley | June 30, 2020 | +332.8% | $17.7M |
| XLKSelect Sector Spdr Tr | June 30, 2020 | +264.7% | $16.7M |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $32.1M |
Sold off last quarter
- Exxon Mobil CorpCUSIP 30231G102 was $8.8M
- CTRACoterra Energy Inc was $7.2M
- Gates Indl Corp PLCCUSIP G39108108 was $1.6M
- FTXNFirst Tr Exchange Traded Fd was $1.4M
- VNTVontier Corporation was $1.1M
- Honeywell Intl IncCUSIP 438516106 was $898K
- MISLFirst Tr Exchange-traded Fd was $888K
- PINKSimplify Exchange Traded Fun was $785K
- CELCCelcuity Inc was $732K
- FTRIFirst Tr Exchange-traded Fd was $694K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.5% | +14.8% |
| March 31, 2026 | −1.6% | −4.6% |
| December 31, 2025 | +1.9% | +2.4% |
| September 30, 2025 | +6.8% | +7.8% |
| June 30, 2025 | +7.5% | +10.5% |
| March 31, 2025 | −3.3% | −4.6% |
| December 31, 2024 | +0.0% | +2.1% |
| September 30, 2024 | +5.6% | +5.4% |
| June 30, 2024 | +1.5% | +4.0% |
| March 31, 2024 | +7.6% | +10.0% |
| December 31, 2023 | +10.3% | +11.2% |
| September 30, 2023 | −4.2% | −3.6% |
| June 30, 2023 | +5.5% | +8.3% |
| March 31, 2023 | +5.5% | +7.0% |
| December 31, 2022 | +6.3% | +7.1% |
| September 30, 2022 | −4.6% | −5.3% |
| June 30, 2022 | −14.2% | −16.5% |
| March 31, 2022 | −4.8% | −4.9% |
| December 31, 2021 | +6.7% | +10.7% |
| September 30, 2021 | −1.5% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Level Four Advisory Services, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1696715&type=13F-HR&dateb=&owner=include&count=40CIK 1696715
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1696715/000169671526000005/Filed August 10, 2026 · accession 0001696715-26-000005