1y return+15.6%S&P 500 +20.9%
3y return+46.3%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 December 31, 2022: $164 against $195 in the S&P 500.2
Richard W. Paul & Associates, 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 |
|---|---|---|---|
| IUSVIshares Tr | $20.3M | 6.2% | +1.4% |
| IUSGIshares Tr | $18.9M | 5.8% | |
| TLTIshares Tr | $11.6M | 3.5% | −1.5% |
| JPIEJ P Morgan Exchange Traded F | $11.4M | 3.5% | +5.6% |
| IEFAIshares Tr | $11.3M | 3.5% | +1.4% |
| IJRIshares Tr | $10.4M | 3.2% | |
| BONDPimco Etf Tr | $10.3M | 3.1% | +57.0% |
| PYLDPimco Etf Tr | $9.9M | 3.0% | +29.6% |
| RSPInvesco Exchange Traded Fd T | $8.4M | 2.6% | +3.4% |
| QQQInvesco Qqq Tr | $8.2M | 2.5% | −3.5% |
| EFAIshares Tr | $7.6M | 2.3% | +16.9% |
| IEMGIshares Inc | $7.0M | 2.1% | |
| FESMFidelity Covington Trust | $6.7M | 2.1% | −2.1% |
| AAPLApple Inc | $5.2M | 1.6% | |
| IVVIshares Tr | $4.8M | 1.5% | |
| FBNDFidelity Merrimack Str Tr | $4.5M | 1.4% | +2.2% |
| MSFTMicrosoft Corp | $4.4M | 1.4% | +22.7% |
| IUSBIshares Tr | $4.2M | 1.3% | +2.2% |
| NVDANvidia Corporation | $3.9M | 1.2% | −1.2% |
| SCZIshares Tr | $3.9M | 1.2% | |
| EEMIshares Tr | $3.8M | 1.2% | −1.7% |
| IJHIshares Tr | $3.7M | 1.1% | |
| VYMIVanguard Whitehall Fds | $3.3M | 1.0% | −8.3% |
| IAGGIshares Tr | $2.8M | 0.9% | +1.3% |
| MUMicron Technology Inc | $2.6M | 0.8% | −51.2% |
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 | December 31, 2022 | +1269.2% | $3.9M |
| AMDAdvanced Micro Devices Inc | December 31, 2022 | +796.9% | $2.1M |
| AVGOBroadcom Inc | December 31, 2022 | +575.6% | $1.9M |
| METAMeta Platforms Inc | December 31, 2022 | +368.1% | $2.4M |
| GOOGAlphabet Inc | December 31, 2022 | +298.2% | $2.1M |
| AMZNAmazon Com Inc | December 31, 2022 | +183.7% | $2.4M |
| QQQInvesco Qqq Tr | December 31, 2022 | +176.6% | $8.2M |
| JPMJpmorgan Chase & Co | December 31, 2022 | +144.1% | $2.2M |
| IUSGIshares Tr | December 31, 2022 | +130.7% | $18.9M |
| AAPLApple Inc | December 31, 2022 | +122.7% | $5.2M |
Sold off last quarter
- QQEWFirst Tr Exchange-traded Fd was $1.0M
- Carnival CorpCUSIP 143658300 was $308K
- ANGLVaneck Etf Trust was $19K
- Exxon Mobil CorpCUSIP 30231G102 was $13K
- BMOBank Montreal Medium was $11K
- HBANHuntington Bancshares Inc was $8,686
- DSTLEtf Ser Solutions was $8,682
- GILGildan Activewear Inc was $3,951
- REGNRegeneron Pharmaceuticals was $3,091
- GPCGenuine Parts Co was $3,067
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +9.5% | +14.8% |
| March 31, 2026 | −2.2% | −4.6% |
| December 31, 2025 | +1.5% | +2.4% |
| September 30, 2025 | +6.4% | +7.8% |
| June 30, 2025 | +8.2% | +10.5% |
| March 31, 2025 | −2.8% | −4.6% |
| December 31, 2024 | −0.8% | +2.1% |
| September 30, 2024 | +6.2% | +5.4% |
| June 30, 2024 | +1.0% | +4.0% |
| March 31, 2024 | +6.3% | +10.0% |
| December 31, 2023 | +10.2% | +11.2% |
| September 30, 2023 | −3.5% | −3.6% |
| June 30, 2023 | +5.6% | +8.3% |
| March 31, 2023 | +6.5% | +7.0% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Richard W. Paul & Associates, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1964203&type=13F-HR&dateb=&owner=include&count=40CIK 1964203
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1964203/000196420326000003/Filed August 10, 2026 · accession 0001964203-26-000003