Institutional Manager · CIK 0001722641

Valeo Financial Advisors, LLC

CARMEL, IN · File #028-18177

Latest AUM

$4.50B

Positions

858

Top-10 Concentration

59.3%

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
REDUCE	JPMORGAN CHASE & CO. COM	VYLD	-151,792	-$48.9M	+$1.0M
ADD	ISHARES S&P 500 INDEX	464287200	+80,965	+$41.7M	-$36.2M
ADD	META PLATFORMS INC CL A	META	+52,369	+$34.6M	-$14,858
ADD	POWERSHARES QQQ TR	IVZ	+51,727	+$31.8M	+$6,971
REDUCE	ISHARES RUSSELL 2000 ETF	464287655	-103,132	-$25.4M	+$435,208
ADD	PGIM ULTRA SHORT BOND ETF	69344A107	+487,841	+$24.2M	-$10,407
ADD	BROADCOM INC COM	AVGO	+66,951	+$23.2M	+$377,537
REDUCE	ISHARES CORE S&P MID CAP ETF	464287507	-351,833	-$22.5M	-$4.5M
REDUCE	NVIDIA CORP	NVDA	-605,024	-$15.2M	-$97.7M
ADD	VANGUARD INTERMEDIATE-TERM TREASURY ETF	92206C706	+232,537	+$12.9M	-$7.4M

Sector Allocation

Technology

10.9%$488.9M

Healthcare

5.4%$241.7M

Financials

5.0%$226.9M

Consumer Discretionary

3.0%$132.9M

Industrials

2.0%$91.6M

Communication Services

1.1%$51.2M

1.0%$45.5M

0.8%$33.8M

0.2%$11.2M

0.2%$9.7M

0.1%$6.1M

Filing History

Feb 4, 202613F HOLDINGS REPORTQ/E Dec 2025858 pos · $4.50B
Nov 3, 202513F HOLDINGS REPORTQ/E Sep 2025840 pos · $4.39B
Sep 12, 202513F HOLDINGS REPORT (Amended)Q/E Sep 2025797 pos · $4.07B
Jul 22, 202513F HOLDINGS REPORTQ/E Jun 2025799 pos · $4.16B
Apr 30, 202513F HOLDINGS REPORTQ/E Mar 2025707 pos · $3.59B
Jan 30, 202513F HOLDINGS REPORTQ/E Dec 2024762 pos · $3.59B
Oct 10, 202413F HOLDINGS REPORTQ/E Sep 2024711 pos · $3.51B
Jul 10, 202413F HOLDINGS REPORTQ/E Jun 2024694 pos · $3.20B
Apr 25, 202413F HOLDINGS REPORT (Amended)Q/E Mar 2024690 pos · $2.86B
Apr 19, 202413F HOLDINGS REPORTQ/E Mar 2024689 pos · $2.91B
Oct 20, 202313F HOLDINGS REPORTQ/E Dec 2023657 pos · $2.20B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR S&P 500 ETF	SPY	931,512	$635.2M	17.92%
2	ISHARES S&P SMALLCAP 600 ETF	464287804	2,213,376	$243.7M	6.87%
3	ISHARES CORE S&P MID CAP ETF	464287507	3,346,008	$214.0M	6.04%
4	ISHARES CORE MSCI EMERGING MKTS	46434G103	2,930,230	$197.0M	5.56%
5	ISHARES S&P 500 INDEX	464287200	315,833	$162.7M	4.59%
6	APPLE INC	AAPL	588,091	$159.9M	4.51%
7	ELI LILLY & CO COM	LLY	136,434	$146.6M	4.14%
8	JPMORGAN CORE PLUS BOND ETF	46641Q670	2,628,308	$116.3M	3.28%
9	INVESCO S&P 500 EQUAL WEIGHT ETF	IVZ	599,980	$114.9M	3.24%
10	NVIDIA CORP	NVDA	600,895	$112.1M	3.16%
11	PROLOGIS SHARE BENEFICIAL INT	PLDGP	849,986	$108.5M	3.06%
12	VANGUARD INTERMEDIATE-TERM TREASURY ETF	92206C706	1,865,445	$103.5M	2.92%
13	MICROSOFT	MSFT	205,646	$99.5M	2.81%
14	FIDELITY TOTAL BOND ETF	316188309	1,757,004	$76.2M	2.15%
15	GOOGLE INC	GOOG	229,888	$72.0M	2.03%
16	ISHARES CORE MSCI EAFE	46432F842	1,094,844	$69.1M	1.95%
17	VANGUARD SHORT TERM CORP BOND FD ETF	92206C409	882,829	$67.3M	1.90%
18	AMAZON.COM INC	AMZN	290,282	$67.0M	1.89%
19	VANGUARD S&P 500 ETF	922908363	106,623	$66.9M	1.89%
20	ISHARES MSCI EAFE ETF	464287465	663,613	$63.7M	1.80%