HERITAGE WEALTH ADVISORS

Filed: 2/13/2026ACC: 0001591122-26-000002

📋 What this filing means

HERITAGE WEALTH ADVISORS filed this quarterly 13F‑HR report disclosing 609 equity positions with a total reported market value of $2.62B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

609

Positions

$2.62B

Total AUM (reported)

21.01M

Total Shares

Allocation by class

COM$1.17B44.5%

ETF$1.07B40.9%

UT$169.81M6.5%

CAP STK CL C$109.40M4.2%

CL B$63.04M2.4%

CL A$13.70M0.5%

COM UT LTD PTN$11.64M0.4%

Portfolio Concentration

Top 3$879.09M33.6%

4–10$573.50M21.9%

11–25$748.48M28.6%

Rest$417.41M15.9%

Top 3 weight

33.6%

Top 10 weight

55.5%

Voting Authority Distribution

Total shares with voting rights: 21.01M

Sole

Full voting authority

9.80M

% of voting shares46.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

11.21M

% of voting shares53.4%

Investment Discretion (by position count)

Sole609

Shared0

Other0

Dominant voting typeNone · 53.4% of voting shares

Institutional Holdings609

Rows:

IShares S&P 500 Index

SOLE

ETF

Shares662.36K

TypeSH

Market value$453.67M

17.33%

Sole

601.81K

Shared

0.00

None

60.55K

iShares Core MSCI EAFE

SOLE

ETF

Shares2.86M

TypeSH

Market value$255.74M

9.77%

Sole

1.74M

Shared

0.00

None

1.12M

Sprott Physical Gold Trust Unit

SOLE

Shares5.14M

TypeSH

Market value$169.68M

6.48%

Sole

2.92M

Shared

0.00

None

2.22M

Alphabet Inc. Class C

SOLE

CAP STK CL C

Shares348.68K

TypeSH

Market value$109.40M

4.18%

Sole

139.14K

Shared

0.00

None

209.53K

Microsoft Corp

SOLE

COM

Shares181.02K

TypeSH

Market value$87.54M

3.34%

Sole

67.23K

Shared

0.00

None

113.78K

Raytheon Technologies Ord

SOLE

COM

Shares451.38K

TypeSH

Market value$82.78M

3.16%

Sole

190.40K

Shared

0.00

None

260.98K

iShares Russell Midcap Value

SOLE

ETF

Shares539.68K

TypeSH

Market value$76.12M

2.91%

Sole

313.38K

Shared

0.00

None

226.30K

Apple Computer Inc

SOLE

COM

Shares272.81K

TypeSH

Market value$74.17M

2.83%

Sole

102.55K

Shared

0.00

None

170.26K

Brookfield Corporation

SOLE

COM

Shares1.62M

TypeSH

Market value$74.13M

2.83%

Sole

658.14K

Shared

0.00

None

957.22K

Johnson & Johnson

SOLE

COM

Shares335.13K

TypeSH

Market value$69.36M

2.65%

Sole

140.94K

Shared

0.00

None

194.20K

Mastercard Inc

SOLE

COM

Shares118.58K

TypeSH

Market value$67.70M

2.59%

Sole

46.72K

Shared

0.00

None

71.87K

Merck & Co Inc

SOLE

COM

Shares610.57K

TypeSH

Market value$64.26M

2.45%

Sole

281.54K

Shared

0.00

None

329.04K

Berkshire Hathaway Cl B

SOLE

CL B

Shares125.07K

TypeSH

Market value$62.79M

2.40%

Sole

46.96K

Shared

0.00

None

78.11K

Amazon Com Inc

SOLE

COM

Shares267.51K

TypeSH

Market value$61.75M

2.36%

Sole

107.33K

Shared

0.00

None

160.18K

iShares Core MSCI Emerging Markets ETF

SOLE

ETF

Shares896.44K

TypeSH

Market value$60.26M

2.30%

Sole

422.80K

Shared

0.00

None

473.64K

Wal-Mart Stores Inc

SOLE

COM

Shares487.27K

TypeSH

Market value$54.29M

2.07%

Sole

191.93K

Shared

0.00

None

295.33K

Auto Data Processing

SOLE

COM

Shares209.84K

TypeSH

Market value$53.98M

2.06%

Sole

90.55K

Shared

0.00

None

119.29K

Jpmorgan Chase & Co

SOLE

COM

Shares151.26K

TypeSH

Market value$48.74M

1.86%

Sole

63.48K

Shared

0.00

None

87.78K

Conocophillips

SOLE

COM

Shares490.61K

TypeSH

Market value$45.93M

1.75%

Sole

223.82K

Shared

0.00

None

266.79K

Progressive Corp Ohio

SOLE

COM

Shares190.24K

TypeSH

Market value$43.32M

1.65%

Sole

76.75K

Shared

0.00

None

113.48K

iShares Core S&P Total US Stock Mkt

SOLE

ETF

Shares257.96K

TypeSH

Market value$38.36M

1.46%

Sole

13.73K

Shared

0.00

None

244.23K

Duke Energy New

SOLE

COM

Shares323.96K

TypeSH

Market value$37.97M

1.45%

Sole

145.42K

Shared

0.00

None

178.54K

Union Pacific Corp

SOLE

COM

Shares162.80K

TypeSH

Market value$37.66M

1.44%

Sole

71.64K

Shared

0.00

None

91.17K

Mc Donalds Corp

SOLE

COM

Shares119.54K

TypeSH

Market value$36.53M

1.40%

Sole

52.59K

Shared

0.00

None

66.95K

Home Depot Inc

SOLE

COM

Shares101.58K

TypeSH

Market value$34.96M

1.33%

Sole

43.40K

Shared

0.00

None

58.19K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
IShares S&P 500 IndexSOLE	ETF	662.36K	SH	$453.67M 17.33%	601.81K	60.55K
iShares Core MSCI EAFESOLE	ETF	2.86M	SH	$255.74M 9.77%	1.74M	1.12M
Sprott Physical Gold Trust UnitSOLE	UT	5.14M	SH	$169.68M 6.48%	2.92M	2.22M
Alphabet Inc. Class CSOLE	CAP STK CL C	348.68K	SH	$109.40M 4.18%	139.14K	209.53K
Microsoft CorpSOLE	COM	181.02K	SH	$87.54M 3.34%	67.23K	113.78K
Raytheon Technologies OrdSOLE	COM	451.38K	SH	$82.78M 3.16%	190.40K	260.98K
iShares Russell Midcap ValueSOLE	ETF	539.68K	SH	$76.12M 2.91%	313.38K	226.30K
Apple Computer IncSOLE	COM	272.81K	SH	$74.17M 2.83%	102.55K	170.26K
Brookfield CorporationSOLE	COM	1.62M	SH	$74.13M 2.83%	658.14K	957.22K
Johnson & JohnsonSOLE	COM	335.13K	SH	$69.36M 2.65%	140.94K	194.20K
Mastercard IncSOLE	COM	118.58K	SH	$67.70M 2.59%	46.72K	71.87K
Merck & Co IncSOLE	COM	610.57K	SH	$64.26M 2.45%	281.54K	329.04K
Berkshire Hathaway Cl BSOLE	CL B	125.07K	SH	$62.79M 2.40%	46.96K	78.11K
Amazon Com IncSOLE	COM	267.51K	SH	$61.75M 2.36%	107.33K	160.18K
iShares Core MSCI Emerging Markets ETFSOLE	ETF	896.44K	SH	$60.26M 2.30%	422.80K	473.64K
Wal-Mart Stores IncSOLE	COM	487.27K	SH	$54.29M 2.07%	191.93K	295.33K
Auto Data ProcessingSOLE	COM	209.84K	SH	$53.98M 2.06%	90.55K	119.29K
Jpmorgan Chase & CoSOLE	COM	151.26K	SH	$48.74M 1.86%	63.48K	87.78K
ConocophillipsSOLE	COM	490.61K	SH	$45.93M 1.75%	223.82K	266.79K
Progressive Corp OhioSOLE	COM	190.24K	SH	$43.32M 1.65%	76.75K	113.48K
iShares Core S&P Total US Stock MktSOLE	ETF	257.96K	SH	$38.36M 1.46%	13.73K	244.23K
Duke Energy NewSOLE	COM	323.96K	SH	$37.97M 1.45%	145.42K	178.54K
Union Pacific CorpSOLE	COM	162.80K	SH	$37.66M 1.44%	71.64K	91.17K
Mc Donalds CorpSOLE	COM	119.54K	SH	$36.53M 1.40%	52.59K	66.95K
Home Depot IncSOLE	COM	101.58K	SH	$34.96M 1.33%	43.40K	58.19K

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