Institutional Manager · CIK 0000701059

MML INVESTORS SERVICES, LLC

SPRINGFIELD, MA · File #028-16947

Latest AUM

$41.05B

Positions

3,037

Top-10 Concentration

38.6%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	ISHARES TR	464287408	+689,967	+$146.3M	+$7.9M
ADD	SELECT SECTOR SPDR TR	81369Y803	+900,765	+$129.7M	-$60.6M
REDUCE	ISHARES TR	46432F339	-643,912	-$127.9M	+$10.3M
ADD	ISHARES INC	46434G103	+1,632,797	+$109.8M	+$7.4M
ADD	NETFLIX INC	NFLX	+998,962	+$93.7M	-$112.7M
ADD	BLACKROCK ETF TRUST	BLK	+996,096	+$60.6M	+$12.3M
ADD	MICROSOFT CORP	MSFT	+119,498	+$57.8M	-$45.2M
ADD	VANGUARD TAX-MANAGED FDS	921943858	+833,909	+$52.1M	+$19.2M
ADD	SCHWAB STRATEGIC TR	808524300	+1,552,141	+$50.6M	+$7.2M
ADD	ISHARES TR	46432F842	+565,425	+$50.6M	+$7.6M

Sector Allocation

Financials

9.9%$4.09B

Technology

9.3%$3.84B

Consumer Discretionary

3.1%$1.26B

Healthcare

2.7%$1.11B

Industrials

2.4%$966.5M

Communication Services

1.5%$627.3M

0.9%$367.8M

0.8%$352.3M

0.8%$315.2M

0.4%$159.6M

0.2%$86.1M

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 20253,037 pos · $41.05B
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 20252,879 pos · $37.47B
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 20252,802 pos · $34.6M
May 14, 202513F HOLDINGS REPORTQ/E Mar 20252,683 pos · $30.0M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 20242,658 pos · $29.0M
Nov 15, 202413F HOLDINGS REPORTQ/E Sep 20242,567 pos · $27.4M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 20242,470 pos · $24.8M
May 14, 202413F HOLDINGS REPORTQ/E Mar 20242,465 pos · $24.3M
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 20232,295 pos · $18.1M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	1,847,391	$1.27B	7.44%
2	APPLE INC	AAPL	2,778,119	$755.3M	4.44%
3	NVIDIA CORPORATION	NVDA	3,816,512	$711.8M	4.18%
4	MICROSOFT CORP	MSFT	1,435,963	$694.5M	4.08%
5	INVESCO QQQ TR	IVZ	905,369	$556.2M	3.27%
6	AMAZON COM INC	AMZN	2,307,156	$532.5M	3.13%
7	BLACKROCK ETF TRUST	BLK	8,643,757	$525.6M	3.09%
8	VANGUARD TAX-MANAGED FDS	921943858	8,346,613	$521.4M	3.06%
9	VANGUARD INDEX FDS	922908363	801,052	$502.4M	2.95%
10	SPDR S&P 500 ETF TR	SPY	730,587	$498.2M	2.93%
11	ISHARES INC	46434G103	7,290,946	$490.1M	2.88%
12	ALPHABET INC	GOOG	1,475,095	$461.7M	2.71%
13	ISHARES TR	464287309	3,645,204	$449.3M	2.64%
14	ISHARES TR	464287408	2,103,532	$446.1M	2.62%
15	SCHWAB STRATEGIC TR	808524300	11,726,425	$382.5M	2.25%
16	VANGUARD INDEX FDS	922908736	773,761	$377.5M	2.22%
17	ISHARES TR	46432F339	1,850,669	$367.6M	2.16%
18	ISHARES TR	46432F842	4,107,872	$367.5M	2.16%
19	ISHARES TR	46434V613	7,437,955	$346.2M	2.03%
20	META PLATFORMS INC	META	509,244	$336.1M	1.98%