Institutional Manager · CIK 0001600151

Arete Wealth Advisors, LLC

CHICAGO, IL · File #028-15999

Latest AUM

$1.6M

Positions

765

Top-10 Concentration

41.1%

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	SPDR SERIES TRUST	78464A854	+257,396	+$20,648	+$22
ADD	DISNEY WALT CO	254687106	+131,376	+$14,934	-$260
NEW	PROFESIONALLY MANAGED PORTFO	74316P579	+152,801	+$10,010	$0
REDUCE	SCHWAB STRATEGIC TR	808524771	-339,352	-$9,234	+$380
REDUCE	NVIDIA CORPORATION	NVDA	-40,251	-$7,496	-$118
REDUCE	SPDR SERIES TRUST	78464A409	-63,753	-$6,802	+$318
NEW	EXCHANGE LISTED FDS TR	30151E806	+245,564	+$5,658	$0
REDUCE	VANGUARD INDEX FDS	922908363	-8,968	-$5,624	+$443
ADD	INVESCO EXCH TRADED FD TR II	IVZ	+21,808	+$5,516	+$230
NEW	RIVERNORTH OPPORTUNITIES FD	76881Y109	+377,169	+$4,428	$0

Sector Allocation

Financials

11.7%$192,226

Technology

10.8%$177,063

Consumer Discretionary

3.3%$54,630

3.3%$54,459

2.9%$48,042

2.1%$35,366

1.2%$20,184

Communication Services

1.2%$20,121

Consumer Staples

1.1%$18,371

Utilities

0.3%$5,834

Real Estate

0.3%$5,530

Filing History

Feb 13, 202613F HOLDINGS REPORTQ/E Dec 2025765 pos · $1.6M
Nov 12, 202513F HOLDINGS REPORTQ/E Sep 2025769 pos · $1.6M
Aug 14, 202513F HOLDINGS REPORTQ/E Jun 2025730 pos · $1.4M
May 16, 202513F HOLDINGS REPORTQ/E Mar 2025734 pos · $1.3M
Feb 12, 202513F HOLDINGS REPORTQ/E Dec 2024744 pos · $1.4M
Nov 18, 202413F HOLDINGS REPORT (Amended)Q/E Sep 2024704 pos · $1.2M
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 2024704 pos · $1.2M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 2024730 pos · $1.2M
May 16, 202413F HOLDINGS REPORTQ/E Mar 2024376 pos · $1.08B
Oct 30, 202313F HOLDINGS REPORTQ/E Dec 2023506 pos · $577.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	DISNEY WALT CO	254687106	460,267	$52,320	6.37%
2	APPLE INC	AAPL	160,643	$43,680	5.32%
3	NVIDIA CORPORATION	NVDA	197,791	$36,836	4.49%
4	INVESCO EXCHANGE TRADED FD T	IVZ	192,230	$36,824	4.48%
5	BLACKROCK ETF TRUST II	BLK	625,920	$33,030	4.02%
6	SPDR SERIES TRUST	78464A649	1,177,927	$30,332	3.69%
7	PUTNAM ETF TRUST	746729300	618,805	$28,199	3.43%
8	FIDELITY MERRIMACK STR TR	316188309	578,965	$26,656	3.25%
9	MICROSOFT CORP	MSFT	52,178	$25,247	3.07%
10	SPDR SERIES TRUST	78464A854	299,575	$24,032	2.93%
11	ISHARES TR	464288877	330,083	$23,571	2.87%
12	ALPHABET INC CAP STK	GOOG	63,890	$20,007	2.44%
13	SPDR S&P 500 ETF TR TR	SPY	28,420	$19,379	2.36%
14	AMAZON	AMZN	81,656	$18,856	2.30%
15	VANGUARD INDEX FDS	922908736	34,838	$16,996	2.07%
16	PGIM ETF TR	69344A107	337,434	$16,733	2.04%
17	SPDR SERIES TRUST	78468R663	175,400	$16,028	1.95%
18	INVESCO EXCH TRADED FD TR II	IVZ	61,572	$15,573	1.90%
19	VANECK ETF TRUST	92189F486	604,527	$15,403	1.88%
20	BROADCOM INC	AVGO	42,162	$14,593	1.78%