Filed: 11/12/2025ACC: 0001696715-25-000003
📋 What this filing means
LEVEL FOUR ADVISORY SERVICES, LLC filed this quarterly 13F‑HR report disclosing 802 equity positions with a total reported market value of $2.92B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
802
Positions
$2.92B
Total AUM (reported)
33.63M
Total Shares
Allocation by class
COM$1.35B46.2%
LEVEL FOUR LARGE$93.77M3.2%
CL A$88.54M3.0%
COM NEW$86.13M2.9%
UNIT SER 1$72.95M2.5%
CAP STK CL A$42.86M1.5%
INTRNL RES EQT$36.80M1.3%
Portfolio Concentration
Top 3$298.90M10.2%
4–10$327.11M11.2%
11–25$389.09M13.3%
Rest$1.91B65.2%
Top 3 weight
10.2%
Top 10 weight
21.4%
Voting Authority Distribution
Total shares with voting rights: 33.63M
Sole
Full voting authority
33.63M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole802
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings802
Rows:
APPLE INC
SOLEShares500.67K
TypeSH
Market value$127.49M
4.37%
Sole
500.67K
Shared
0.00
None
0.00
ALPS ETF TR
SOLEShares2.34M
TypeSH
Market value$93.77M
3.21%
Sole
2.34M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares149.90K
TypeSH
Market value$77.64M
2.66%
Sole
149.90K
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares121.51K
TypeSH
Market value$72.95M
2.50%
Sole
121.51K
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares274.79K
TypeSH
Market value$51.27M
1.76%
Sole
274.79K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares226.78K
TypeSH
Market value$49.80M
1.70%
Sole
226.78K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares176.29K
TypeSH
Market value$42.86M
1.47%
Sole
176.29K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares113.11K
TypeSH
Market value$37.32M
1.28%
Sole
113.11K
Shared
0.00
None
0.00
J P MORGAN EXCHANGE TRADED F
SOLEShares500.47K
TypeSH
Market value$36.80M
1.26%
Sole
500.47K
Shared
0.00
None
0.00
T ROWE PRICE ETF INC
SOLEShares957.97K
TypeSH
Market value$36.12M
1.24%
Sole
957.97K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares58.56K
TypeSH
Market value$35.86M
1.23%
Sole
58.56K
Shared
0.00
None
0.00
ALPS ETF TR
SOLEShares1.30M
TypeSH
Market value$34.12M
1.17%
Sole
1.30M
Shared
0.00
None
0.00
WISDOMTREE TR
SOLEShares667.13K
TypeSH
Market value$33.54M
1.15%
Sole
667.13K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares97.65K
TypeSH
Market value$30.80M
1.05%
Sole
97.65K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares41.68K
TypeSH
Market value$30.61M
1.05%
Sole
41.68K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares129.12K
TypeSH
Market value$29.90M
1.02%
Sole
129.12K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares295.15K
TypeSH
Market value$29.25M
1.00%
Sole
295.15K
Shared
0.00
None
0.00
SPDR SERIES TRUST
SOLEShares349.24K
TypeSH
Market value$27.36M
0.94%
Sole
349.24K
Shared
0.00
None
0.00
PACER FDS TR
SOLEShares394.53K
TypeSH
Market value$21.60M
0.74%
Sole
394.53K
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares59.09K
TypeSH
Market value$21.00M
0.72%
Sole
59.09K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares199.59K
TypeSH
Market value$20.01M
0.69%
Sole
199.59K
Shared
0.00
None
0.00
GOLDMAN SACHS ETF TR
SOLEShares196.79K
TypeSH
Market value$19.72M
0.68%
Sole
196.79K
Shared
0.00
None
0.00
INVESCO EXCH TRADED FD TR II
SOLEShares76.76K
TypeSH
Market value$18.97M
0.65%
Sole
76.76K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares36.34K
TypeSH
Market value$18.27M
0.63%
Sole
36.34K
Shared
0.00
None
0.00
WALMART INC
SOLEShares175.32K
TypeSH
Market value$18.07M
0.62%
Sole
175.32K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INCSOLE | COM | 500.67K | SH | $127.49M 4.37% | 500.67K | 0.00 | 0.00 |
ALPS ETF TRSOLE | LEVEL FOUR LARGE | 2.34M | SH | $93.77M 3.21% | 2.34M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 149.90K | SH | $77.64M 2.66% | 149.90K | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 121.51K | SH | $72.95M 2.50% | 121.51K | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 274.79K | SH | $51.27M 1.76% | 274.79K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 226.78K | SH | $49.80M 1.70% | 226.78K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 176.29K | SH | $42.86M 1.47% | 176.29K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 113.11K | SH | $37.32M 1.28% | 113.11K | 0.00 | 0.00 |
J P MORGAN EXCHANGE TRADED FSOLE | INTRNL RES EQT | 500.47K | SH | $36.80M 1.26% | 500.47K | 0.00 | 0.00 |
T ROWE PRICE ETF INCSOLE | CAP APPRECIATION | 957.97K | SH | $36.12M 1.24% | 957.97K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 58.56K | SH | $35.86M 1.23% | 58.56K | 0.00 | 0.00 |
ALPS ETF TRSOLE | SMITH CORE PLUS | 1.30M | SH | $34.12M 1.17% | 1.30M | 0.00 | 0.00 |
WISDOMTREE TRSOLE | FLOATNG RAT TREA | 667.13K | SH | $33.54M 1.15% | 667.13K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 97.65K | SH | $30.80M 1.05% | 97.65K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 41.68K | SH | $30.61M 1.05% | 41.68K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 129.12K | SH | $29.90M 1.02% | 129.12K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | MRNGSTR WDE MOAT | 295.15K | SH | $29.25M 1.00% | 295.15K | 0.00 | 0.00 |
SPDR SERIES TRUSTSOLE | PORTFOLIO S&P500 | 349.24K | SH | $27.36M 0.94% | 349.24K | 0.00 | 0.00 |
PACER FDS TRSOLE | TRENDP US LAR CP | 394.53K | SH | $21.60M 0.74% | 394.53K | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 59.09K | SH | $21.00M 0.72% | 59.09K | 0.00 | 0.00 |
ISHARES TRSOLE | CORE US AGGBD ET | 199.59K | SH | $20.01M 0.69% | 199.59K | 0.00 | 0.00 |
GOLDMAN SACHS ETF TRSOLE | ACCES TREASURY | 196.79K | SH | $19.72M 0.68% | 196.79K | 0.00 | 0.00 |
INVESCO EXCH TRADED FD TR IISOLE | NASDAQ 100 ETF | 76.76K | SH | $18.97M 0.65% | 76.76K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 36.34K | SH | $18.27M 0.63% | 36.34K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 175.32K | SH | $18.07M 0.62% | 175.32K | 0.00 | 0.00 |
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