Institutional Manager · CIK 0001776757

WADDELL & ASSOCIATES, LLC

MEMPHIS, TN · File #028-19515

Latest AUM

$1.48B

Positions

379

Top-10 Concentration

77.7%

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	FEDEX CORP	FDX	+738,122	+$213.2M	+$23.9M
ADD	GLOBAL X FDS	37954Y574	+52,377	+$2.4M	-$215,703
REDUCE	ISHARES TR	464287614	-4,225	-$2.0M	+$54,988
ADD	ISHARES TR	46432F842	+18,313	+$1.6M	+$1.3M
ADD	DOUBLELINE ETF TRUST	25861R204	+42,940	+$1.4M	-$706,514
NEW	ATLASSIAN CORPORATION	TEAM	+8,127	+$1.3M	$0
ADD	SCHWAB STRATEGIC TR	808524763	+41,512	+$1.3M	+$973,787
ADD	NVIDIA CORPORATION	NVDA	+6,937	+$1.3M	-$3,924
ADD	NETFLIX INC	NFLX	+13,240	+$1.2M	-$1.7M
ADD	GLOBAL X FDS	37954Y673	+25,372	+$1.2M	+$302,746

Sector Allocation

24.2%$358.1M

11.5%$170.2M

4.3%$63.1M

1.8%$26.6M

Consumer Discretionary

1.5%$22.4M

Consumer Staples

0.8%$11.5M

Energy

0.5%$7.4M

Communication Services

0.4%$6.4M

Real Estate

0.2%$3.5M

Materials

0.1%$2.2M

Filing History

Feb 11, 202613F HOLDINGS REPORTQ/E Dec 2025379 pos · $1.48B
Nov 10, 202513F HOLDINGS REPORTQ/E Sep 2025325 pos · $1.18B
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 2025243 pos · $936.8M
May 14, 202513F HOLDINGS REPORT (Amended)Q/E Mar 2025154 pos · $981.0M
May 14, 202513F HOLDINGS REPORT (Amended)Q/E Mar 2025159 pos · $823.6M
May 7, 202513F HOLDINGS REPORTQ/E Mar 2025159 pos · $823.6M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 2024154 pos · $981.0M
Nov 12, 202413F HOLDINGS REPORTQ/E Sep 2024150 pos · $822.1M
Aug 6, 202413F HOLDINGS REPORTQ/E Jun 2024138 pos · $760.0M
May 8, 202413F HOLDINGS REPORTQ/E Mar 2024140 pos · $739.8M
Nov 7, 202313F HOLDINGS REPORTQ/E Dec 2023172 pos · $683.6M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	FEDEX CORP	FDX	1,188,140	$343.2M	26.18%
2	GLOBAL X FDS	37954Y673	1,917,540	$91.6M	6.99%
3	SPDR S&P MIDCAP 400 ETF TR	MDY	150,332	$90.7M	6.92%
4	SCHWAB STRATEGIC TR	808524763	2,823,762	$89.0M	6.79%
5	WISDOMTREE TR	WT	990,996	$88.6M	6.76%
6	GLOBAL X FDS	37954Y574	1,593,001	$73.9M	5.63%
7	SCHWAB STRATEGIC TR	808524722	2,071,165	$67.9M	5.18%
8	DOUBLELINE ETF TRUST	25861R204	2,097,338	$67.6M	5.16%
9	ISHARES TR	46432F842	622,821	$55.7M	4.25%
10	INVESCO EXCH TRADED FD TR II	IVZ	197,090	$49.8M	3.80%
11	AMERICAN CENTY ETF TR	025072604	554,945	$42.7M	3.26%
12	SPDR INDEX SHS FDS	78463X756	647,449	$42.5M	3.24%
13	DIREXION SHS ETF TR	25459Y207	412,249	$42.2M	3.22%
14	APPLE INC	AAPL	62,029	$16.9M	1.29%
15	NVIDIA CORPORATION	NVDA	55,178	$10.3M	0.78%
16	SPDR S&P 500 ETF TR	SPY	13,917	$9.5M	0.72%
17	MICROSOFT CORP	MSFT	19,296	$9.3M	0.71%
18	SPROTT ASSET MANAGEMENT LP	SII	335,445	$7.9M	0.61%
19	DOUBLELINE ETF TRUST	25861R105	164,566	$7.6M	0.58%
20	BERKSHIRE HATHAWAY INC DEL	BRK-A	14,606	$7.3M	0.56%