ARAX ADVISORY PARTNERS

Filed: 11/14/2025ACC: 0001586767-25-000010

📋 What this filing means

ARAX ADVISORY PARTNERS filed this quarterly 13F‑HR report disclosing 4320 equity positions with a total reported market value of $6.97B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

4320

Positions

$6.97B

Total AUM (reported)

99.53M

Total Shares

Allocation by class

COM$2.76B39.6%

CL A$273.44M3.9%

GROWTH ETF$178.81M2.6%

COM NEW$170.99M2.5%

UNIT SER 1$149.75M2.1%

VALUE ETF$132.14M1.9%

ETF$112.97M1.6%

Portfolio Concentration

Top 3$476.39M6.8%

4–10$653.58M9.4%

11–25$891.81M12.8%

Rest$4.94B71.0%

Top 3 weight

6.8%

Top 10 weight

16.2%

Voting Authority Distribution

Total shares with voting rights: 99.53M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

99.53M

% of voting shares100.0%

Investment Discretion (by position count)

Sole4320

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings4320

Rows:

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares372.82K

TypeSH

Market value$178.81M

2.57%

Sole

0.00

Shared

0.00

None

372.82K

INVESCO QQQ TR

SOLE

UNIT SER 1

Shares249.42K

TypeSH

Market value$149.75M

2.15%

Sole

0.00

Shared

0.00

None

249.42K

APPLE INC

SOLE

COM

Shares580.61K

TypeSH

Market value$147.84M

2.12%

Sole

0.00

Shared

0.00

None

580.61K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares708.54K

TypeSH

Market value$132.14M

1.90%

Sole

0.00

Shared

0.00

None

708.54K

AMERICAN CENTY ETF TR

SOLE

US LARGE CAP VLU

Shares1.37M

TypeSH

Market value$99.30M

1.43%

Sole

0.00

Shared

0.00

None

1.37M

MICROSOFT CORP

SOLE

COM

Shares185.18K

TypeSH

Market value$95.92M

1.38%

Sole

0.00

Shared

0.00

None

185.18K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares301.17K

TypeSH

Market value$88.47M

1.27%

Sole

0.00

Shared

0.00

None

301.17K

ISHARES TR

SOLE

ISHS 1-5YR INVS

Shares1.52M

TypeSH

Market value$80.50M

1.16%

Sole

0.00

Shared

0.00

None

1.52M

NVIDIA CORPORATION

SOLE

COM

Shares421.86K

TypeSH

Market value$78.71M

1.13%

Sole

0.00

Shared

0.00

None

421.86K

SCHWAB STRATEGIC TR

SOLE

US TIPS ETF

Shares2.92M

TypeSH

Market value$78.56M

1.13%

Sole

0.00

Shared

0.00

None

2.92M

ISHARES TR

SOLE

CORE US AGGBD ET

Shares720.70K

TypeSH

Market value$72.25M

1.04%

Sole

0.00

Shared

0.00

None

720.70K

FIRST TR EXCH TRADED FD III

SOLE

PFD SECS INC ETF

Shares3.60M

TypeSH

Market value$65.59M

0.94%

Sole

0.00

Shared

0.00

None

3.60M

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares96.92K

TypeSH

Market value$64.57M

0.93%

Sole

0.00

Shared

0.00

None

96.92K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares1.06M

TypeSH

Market value$63.45M

0.91%

Sole

0.00

Shared

0.00

None

1.06M

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares248.87K

TypeSH

Market value$63.28M

0.91%

Sole

0.00

Shared

0.00

None

248.87K

AMAZON COM INC

SOLE

COM

Shares284.46K

TypeSH

Market value$62.46M

0.90%

Sole

0.00

Shared

0.00

None

284.46K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares543.10K

TypeSH

Market value$60.54M

0.87%

Sole

0.00

Shared

0.00

None

543.10K

FIRST TR EXCHANGE TRADED FD

SOLE

RISNG DIVD ACHIV

Shares878.15K

TypeSH

Market value$59.06M

0.85%

Sole

0.00

Shared

0.00

None

878.15K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares179.54K

TypeSH

Market value$58.92M

0.85%

Sole

0.00

Shared

0.00

None

179.54K

ISHARES TR

SOLE

CORE S&P500 ETF

Shares87.96K

TypeSH

Market value$58.87M

0.85%

Sole

0.00

Shared

0.00

None

87.96K

AMERICAN CENTY ETF TR

SOLE

AVANTIS CORE FI

Shares1.39M

TypeSH

Market value$58.66M

0.84%

Sole

0.00

Shared

0.00

None

1.39M

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares1.01M

TypeSH

Market value$54.84M

0.79%

Sole

0.00

Shared

0.00

None

1.01M

ELDRIDGE BBB-B CLO ETF

SOLE

ETF

Shares2.02M

TypeSH

Market value$54.25M

0.78%

Sole

0.00

Shared

0.00

None

2.02M

ISHARES TR

SOLE

NATIONAL MUN ETF

Shares465.99K

TypeSH

Market value$49.62M

0.71%

Sole

0.00

Shared

0.00

None

465.99K

ISHARES TR

SOLE

S&P 500 GRWT ETF

Shares376.44K

TypeSH

Market value$45.44M

0.65%

Sole

0.00

Shared

0.00

None

376.44K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	GROWTH ETF	372.82K	SH	$178.81M 2.57%	372.82K
INVESCO QQQ TRSOLE	UNIT SER 1	249.42K	SH	$149.75M 2.15%	249.42K
APPLE INCSOLE	COM	580.61K	SH	$147.84M 2.12%	580.61K
VANGUARD INDEX FDSSOLE	VALUE ETF	708.54K	SH	$132.14M 1.90%	708.54K
AMERICAN CENTY ETF TRSOLE	US LARGE CAP VLU	1.37M	SH	$99.30M 1.43%	1.37M
MICROSOFT CORPSOLE	COM	185.18K	SH	$95.92M 1.38%	185.18K
VANGUARD INDEX FDSSOLE	MID CAP ETF	301.17K	SH	$88.47M 1.27%	301.17K
ISHARES TRSOLE	ISHS 1-5YR INVS	1.52M	SH	$80.50M 1.16%	1.52M
NVIDIA CORPORATIONSOLE	COM	421.86K	SH	$78.71M 1.13%	421.86K
SCHWAB STRATEGIC TRSOLE	US TIPS ETF	2.92M	SH	$78.56M 1.13%	2.92M
ISHARES TRSOLE	CORE US AGGBD ET	720.70K	SH	$72.25M 1.04%	720.70K
FIRST TR EXCH TRADED FD IIISOLE	PFD SECS INC ETF	3.60M	SH	$65.59M 0.94%	3.60M
SPDR S&P 500 ETF TRSOLE	TR UNIT	96.92K	SH	$64.57M 0.93%	96.92K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	1.06M	SH	$63.45M 0.91%	1.06M
VANGUARD INDEX FDSSOLE	SMALL CP ETF	248.87K	SH	$63.28M 0.91%	248.87K
AMAZON COM INCSOLE	COM	284.46K	SH	$62.46M 0.90%	284.46K
ISHARES TRSOLE	IBOXX INV CP ETF	543.10K	SH	$60.54M 0.87%	543.10K
FIRST TR EXCHANGE TRADED FDSOLE	RISNG DIVD ACHIV	878.15K	SH	$59.06M 0.85%	878.15K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	179.54K	SH	$58.92M 0.85%	179.54K
ISHARES TRSOLE	CORE S&P500 ETF	87.96K	SH	$58.87M 0.85%	87.96K
AMERICAN CENTY ETF TRSOLE	AVANTIS CORE FI	1.39M	SH	$58.66M 0.84%	1.39M
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	1.01M	SH	$54.84M 0.79%	1.01M
ELDRIDGE BBB-B CLO ETFSOLE	ETF	2.02M	SH	$54.25M 0.78%	2.02M
ISHARES TRSOLE	NATIONAL MUN ETF	465.99K	SH	$49.62M 0.71%	465.99K
ISHARES TRSOLE	S&P 500 GRWT ETF	376.44K	SH	$45.44M 0.65%	376.44K

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