BELL INVESTMENT ADVISORS, INC

Filed: 5/16/2025ACC: 0001890149-25-000004

📋 What this filing means

BELL INVESTMENT ADVISORS, INC filed this quarterly 13F‑HR report disclosing 1904 equity positions with a total reported market value of $541.18M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

1904

Positions

$541.18M

Total AUM (reported)

12.51M

Total Shares

Allocation by class

ACCES TREASURY$56.77M10.5%

FUNDAMENTAL US L$50.55M9.3%

IBOXX 3R TARGT$43.42M8.0%

MTG-BKD SECS ETF$42.30M7.8%

COM$33.37M6.2%

20 YR TR BD ETF$33.30M6.2%

FUNDAMENTAL INTL$30.88M5.7%

Portfolio Concentration

Top 3$150.74M27.9%

4–10$177.45M32.8%

11–25$118.22M21.8%

Rest$94.77M17.5%

Top 3 weight

27.9%

Top 10 weight

60.6%

Voting Authority Distribution

Total shares with voting rights: 12.51M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.51M

% of voting shares100.0%

Investment Discretion (by position count)

Sole1904

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings1904

Rows:

GOLDMAN SACHS ETF TR

SOLE

ACCES TREASURY

Shares566.72K

TypeSH

Market value$56.77M

10.49%

Sole

0.00

Shared

0.00

None

566.72K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US L

Shares2.14M

TypeSH

Market value$50.55M

9.34%

Sole

0.00

Shared

0.00

None

2.14M

FLEXSHARES TR

SOLE

IBOXX 3R TARGT

Shares1.78M

TypeSH

Market value$43.42M

8.02%

Sole

0.00

Shared

0.00

None

1.78M

VANGUARD SCOTTSDALE FDS

SOLE

MTG-BKD SECS ETF

Shares913.36K

TypeSH

Market value$42.30M

7.82%

Sole

0.00

Shared

0.00

None

913.36K

ISHARES TR

SOLE

20 YR TR BD ETF

Shares365.81K

TypeSH

Market value$33.30M

6.15%

Sole

0.00

Shared

0.00

None

365.81K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares666.24K

TypeSH

Market value$24.08M

4.45%

Sole

0.00

Shared

0.00

None

666.24K

SCHWAB STRATEGIC TR

SOLE

US LRG CAP ETF

Shares999.35K

TypeSH

Market value$22.07M

4.08%

Sole

0.00

Shared

0.00

None

999.35K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US S

Shares725.13K

TypeSH

Market value$19.86M

3.67%

Sole

0.00

Shared

0.00

None

725.13K

ISHARES TR

SOLE

MSCI USA MMENTM

Shares94.59K

TypeSH

Market value$19.12M

3.53%

Sole

0.00

Shared

0.00

None

94.59K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares96.86K

TypeSH

Market value$16.73M

3.09%

Sole

0.00

Shared

0.00

None

96.86K

ISHARES TR

SOLE

MSCI USA QLT FCT

Shares76.74K

TypeSH

Market value$13.11M

2.42%

Sole

0.00

Shared

0.00

None

76.74K

INVESCO EXCH TRADED FD TR II

SOLE

S&P500 LOW VOL

Shares151.59K

TypeSH

Market value$11.33M

2.09%

Sole

0.00

Shared

0.00

None

151.59K

SCHWAB STRATEGIC TR

SOLE

INTL EQTY ETF

Shares561.30K

TypeSH

Market value$11.10M

2.05%

Sole

0.00

Shared

0.00

None

561.30K

SCHWAB STRATEGIC TR

SOLE

US DIVIDEND EQ

Shares359.98K

TypeSH

Market value$10.06M

1.86%

Sole

0.00

Shared

0.00

None

359.98K

ISHARES TR

SOLE

MSCI INTL QUALTY

Shares197.94K

TypeSH

Market value$7.86M

1.45%

Sole

0.00

Shared

0.00

None

197.94K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares134.13K

TypeSH

Market value$7.24M

1.34%

Sole

0.00

Shared

0.00

None

134.13K

ISHARES TR

SOLE

CORE 60/40 BALAN

Shares123.92K

TypeSH

Market value$7.13M

1.32%

Sole

0.00

Shared

0.00

None

123.92K

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares67.42K

TypeSH

Market value$7.05M

1.30%

Sole

0.00

Shared

0.00

None

67.42K

VANGUARD SCOTTSDALE FDS

SOLE

LONG TERM TREAS

Shares119.27K

TypeSH

Market value$6.87M

1.27%

Sole

0.00

Shared

0.00

None

119.27K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL EMER

Shares222.22K

TypeSH

Market value$6.84M

1.26%

Sole

0.00

Shared

0.00

None

222.22K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares187.79K

TypeSH

Market value$6.80M

1.26%

Sole

0.00

Shared

0.00

None

187.79K

APPLE INC

SOLE

COM

Shares27.90K

TypeSH

Market value$6.20M

1.15%

Sole

0.00

Shared

0.00

None

27.90K

SCHWAB STRATEGIC TR

SOLE

US SML CAP ETF

Shares258.32K

TypeSH

Market value$6.05M

1.12%

Sole

0.00

Shared

0.00

None

258.32K

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US

Shares87.14K

TypeSH

Market value$5.53M

1.02%

Sole

0.00

Shared

0.00

None

87.14K

INVESCO EXCH TRADED FD TR II

SOLE

S&P INTL LOW

Shares166.18K

TypeSH

Market value$5.04M

0.93%

Sole

0.00

Shared

0.00

None

166.18K

Issuer	Class	Shares	Type	Value / Portfolio %	None
GOLDMAN SACHS ETF TRSOLE	ACCES TREASURY	566.72K	SH	$56.77M 10.49%	566.72K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US L	2.14M	SH	$50.55M 9.34%	2.14M
FLEXSHARES TRSOLE	IBOXX 3R TARGT	1.78M	SH	$43.42M 8.02%	1.78M
VANGUARD SCOTTSDALE FDSSOLE	MTG-BKD SECS ETF	913.36K	SH	$42.30M 7.82%	913.36K
ISHARES TRSOLE	20 YR TR BD ETF	365.81K	SH	$33.30M 6.15%	365.81K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	666.24K	SH	$24.08M 4.45%	666.24K
SCHWAB STRATEGIC TRSOLE	US LRG CAP ETF	999.35K	SH	$22.07M 4.08%	999.35K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US S	725.13K	SH	$19.86M 3.67%	725.13K
ISHARES TRSOLE	MSCI USA MMENTM	94.59K	SH	$19.12M 3.53%	94.59K
VANGUARD INDEX FDSSOLE	VALUE ETF	96.86K	SH	$16.73M 3.09%	96.86K
ISHARES TRSOLE	MSCI USA QLT FCT	76.74K	SH	$13.11M 2.42%	76.74K
INVESCO EXCH TRADED FD TR IISOLE	S&P500 LOW VOL	151.59K	SH	$11.33M 2.09%	151.59K
SCHWAB STRATEGIC TRSOLE	INTL EQTY ETF	561.30K	SH	$11.10M 2.05%	561.30K
SCHWAB STRATEGIC TRSOLE	US DIVIDEND EQ	359.98K	SH	$10.06M 1.86%	359.98K
ISHARES TRSOLE	MSCI INTL QUALTY	197.94K	SH	$7.86M 1.45%	197.94K
ISHARES INCSOLE	CORE MSCI EMKT	134.13K	SH	$7.24M 1.34%	134.13K
ISHARES TRSOLE	CORE 60/40 BALAN	123.92K	SH	$7.13M 1.32%	123.92K
ISHARES TRSOLE	CORE S&P SCP ETF	67.42K	SH	$7.05M 1.30%	67.42K
VANGUARD SCOTTSDALE FDSSOLE	LONG TERM TREAS	119.27K	SH	$6.87M 1.27%	119.27K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL EMER	222.22K	SH	$6.84M 1.26%	222.22K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	187.79K	SH	$6.80M 1.26%	187.79K
APPLE INCSOLE	COM	27.90K	SH	$6.20M 1.15%	27.90K
SCHWAB STRATEGIC TRSOLE	US SML CAP ETF	258.32K	SH	$6.05M 1.12%	258.32K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US	87.14K	SH	$5.53M 1.02%	87.14K
INVESCO EXCH TRADED FD TR IISOLE	S&P INTL LOW	166.18K	SH	$5.04M 0.93%	166.18K

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