Institutional Manager · CIK 0001951167

AJ Advisors, LLC

NASHVILLE, TN · File #028-22803

Latest AUM

$270.9M

Positions

Top-10 Concentration

85.8%

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
NEW	ISHARES TR	464289875	+269,096	+$12.8M	$0
ADD	VANGUARD INDEX FDS	922908363	+4,278	+$2.7M	+$1.5M
EXITED	SPDR SERIES TRUST	78464A284	-104,075	-$2.6M	$0
ADD	ISHARES TR	46435G524	+23,846	+$2.0M	+$1.3M
ADD	INVESCO QQQ TR	IVZ	+2,123	+$1.3M	+$700,409
ADD	ISHARES TR	46429B747	+10,489	+$1.1M	-$127,532
ADD	VANGUARD INDEX FDS	922908629	+3,463	+$1.0M	-$196,198
ADD	VANGUARD INDEX FDS	922908751	+3,075	+$793,202	+$223,854
ADD	VANGUARD MALVERN FDS	922020748	+9,544	+$743,432	-$66,386
ADD	PGIM ETF TR	69344A800	+17,073	+$717,748	-$25,557

Sector Allocation

Financials

12.4%$33.6M

Technology

1.1%$3.1M

Consumer Discretionary

0.5%$1.3M

Healthcare

0.3%$693,793

Filing History

Jan 21, 202613F HOLDINGS REPORTQ/E Dec 202535 pos · $270.9M
Oct 31, 202513F HOLDINGS REPORTQ/E Sep 202536 pos · $244.3M
Aug 8, 202513F HOLDINGS REPORTQ/E Jun 202537 pos · $224.8M
May 6, 202513F HOLDINGS REPORTQ/E Mar 202534 pos · $195.4M
Jan 24, 202513F HOLDINGS REPORTQ/E Dec 202432 pos · $192.7M
Oct 31, 202413F HOLDINGS REPORTQ/E Sep 202434 pos · $195.0M
Jul 30, 202413F HOLDINGS REPORTQ/E Jun 202433 pos · $180.8M
Apr 25, 202413F HOLDINGS REPORTQ/E Mar 202448 pos · $181.3M
Nov 3, 202313F HOLDINGS REPORTQ/E Dec 202335 pos · $133.0M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD INDEX FDS	922908363	104,452	$65.5M	24.18%
2	ISHARES TR	46435G524	429,277	$35.5M	13.12%
3	INVESCO QQQ TR	IVZ	52,392	$32.2M	11.88%
4	VANGUARD INDEX FDS	922908629	59,175	$17.2M	6.34%
5	VANGUARD INDEX FDS	922908751	64,044	$16.5M	6.10%
6	VANGUARD INDEX FDS	922908744	79,125	$15.1M	5.58%
7	ISHARES TR	46429B747	141,995	$14.5M	5.37%
8	ISHARES TR	464289875	269,096	$12.8M	4.74%
9	FIRST TR EXCHANGE TRADED FD	33738R506	175,449	$12.2M	4.50%
10	VANGUARD MALVERN FDS	922020748	138,450	$10.8M	3.98%
11	VANECK ETF TRUST	92189F676	24,601	$8.9M	3.27%
12	PGIM ETF TR	69344A800	176,838	$7.4M	2.74%
13	PIMCO ETF TR	72201R585	196,720	$5.2M	1.94%
14	FIRST TR EXCH TRADED FD III	33739P301	60,429	$2.9M	1.07%
15	JPMORGAN CHASE & CO.	VYLD	5,143	$1.7M	0.61%
16	APPLE INC	AAPL	5,262	$1.4M	0.53%
17	PRINCIPAL EXCHANGE TRADED FD	74255Y102	74,021	$1.4M	0.52%
18	SPDR S&P 500 ETF TR	SPY	1,794	$1.2M	0.45%
19	MICROSOFT CORP	MSFT	2,458	$1.2M	0.44%
20	ALPHABET INC	GOOG	3,667	$1.1M	0.42%