PALLAS CAPITAL ADVISORS LLC

Filed: 7/9/2025ACC: 0001951757-25-000599

📋 What this filing means

PALLAS CAPITAL ADVISORS LLC filed this quarterly 13F‑HR report disclosing 859 equity positions with a total reported market value of $2.63B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

859

Positions

$2.63B

Total AUM (reported)

42.26M

Total Shares

Allocation by class

COM$1.38B52.7%

CL A$92.09M3.5%

COM UNITS$85.84M3.3%

HENDERSON MTG$63.45M2.4%

SHS$39.53M1.5%

COM NEW$37.61M1.4%

COM CL A$37.02M1.4%

Portfolio Concentration

Top 3$553.43M21.1%

4–10$312.33M11.9%

11–25$375.12M14.3%

Rest$1.38B52.7%

Top 3 weight

21.1%

Top 10 weight

33.0%

Voting Authority Distribution

Total shares with voting rights: 42.26M

Sole

Full voting authority

23.64M

% of voting shares55.9%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

18.61M

% of voting shares44.1%

Investment Discretion (by position count)

Sole859

Shared0

Other0

Dominant voting typeSole · 55.9% of voting shares

Institutional Holdings859

Rows:

BRUKER CORP

SOLE

COM

Shares9.50M

TypeSH

Market value$391.45M

14.91%

Sole

1.74M

Shared

0.00

None

7.76M

GLOBAL PARTNERS LP

SOLE

COM UNITS

Shares1.63M

TypeSH

Market value$85.84M

3.27%

Sole

929.15K

Shared

0.00

None

698.82K

MICROSOFT CORP

SOLE

COM

Shares153.07K

TypeSH

Market value$76.14M

2.90%

Sole

124.54K

Shared

0.00

None

28.53K

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares1.41M

TypeSH

Market value$63.45M

2.42%

Sole

1.26M

Shared

0.00

None

149.30K

APPLE INC

SOLE

COM

Shares252.48K

TypeSH

Market value$51.80M

1.97%

Sole

180.92K

Shared

0.00

None

71.56K

AMAZON COM INC

SOLE

COM

Shares235.98K

TypeSH

Market value$51.77M

1.97%

Sole

187.56K

Shared

0.00

None

48.41K

NVIDIA CORPORATION

SOLE

COM

Shares291K

TypeSH

Market value$45.98M

1.75%

Sole

198.34K

Shared

0.00

None

92.66K

FIDELITY MERRIMACK STR TR

SOLE

TOTAL BD ETF

Shares781.06K

TypeSH

Market value$35.73M

1.36%

Sole

695.18K

Shared

0.00

None

85.87K

J P MORGAN EXCHANGE TRADED F

SOLE

ACTIVE BOND ETF

Shares612.64K

TypeSH

Market value$32.83M

1.25%

Sole

547.63K

Shared

0.00

None

65.02K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL INTL

Shares768.86K

TypeSH

Market value$30.77M

1.17%

Sole

687.50K

Shared

0.00

None

81.36K

ALPHABET INC

SOLE

CAP STK CL A

Shares173.85K

TypeSH

Market value$30.64M

1.17%

Sole

150.16K

Shared

0.00

None

23.69K

BROADCOM INC

SOLE

COM

Shares109.54K

TypeSH

Market value$30.19M

1.15%

Sole

83.90K

Shared

0.00

None

25.64K

DIMENSIONAL ETF TRUST

SOLE

INTERNATNAL VAL

Shares678.76K

TypeSH

Market value$29.07M

1.11%

Sole

603.69K

Shared

0.00

None

75.08K

FIDELITY COVINGTON TRUST

SOLE

ENHANCED INTL

Shares859.17K

TypeSH

Market value$28.58M

1.09%

Sole

765K

Shared

0.00

None

94.17K

JPMORGAN CHASE & CO.

SOLE

COM

Shares96.63K

TypeSH

Market value$28.01M

1.07%

Sole

80.32K

Shared

0.00

None

16.31K

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQT MK

Shares798.19K

TypeSH

Market value$27.59M

1.05%

Sole

703.68K

Shared

0.00

None

94.51K

J P MORGAN EXCHANGE TRADED F

SOLE

BETABUILDERS I

Shares408.70K

TypeSH

Market value$27.59M

1.05%

Sole

360.44K

Shared

0.00

None

48.26K

J P MORGAN EXCHANGE TRADED F

SOLE

INTRNL RES EQT

Shares351.23K

TypeSH

Market value$24.86M

0.95%

Sole

309.62K

Shared

0.00

None

41.62K

BLACKROCK ETF TRUST II

SOLE

ISHARES AAA CLO

Shares477.25K

TypeSH

Market value$24.78M

0.94%

Sole

425.42K

Shared

0.00

None

51.83K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares50.01K

TypeSH

Market value$24.29M

0.93%

Sole

40.59K

Shared

0.00

None

9.41K

BLACKROCK ETF TRUST II

SOLE

ISHARES FLEXIBLE

Shares445.98K

TypeSH

Market value$23.57M

0.90%

Sole

397.75K

Shared

0.00

None

48.22K

JANUS DETROIT STR TR

SOLE

B-BBB CLO ETF

Shares413.94K

TypeSH

Market value$19.96M

0.76%

Sole

370.27K

Shared

0.00

None

43.67K

SCHWAB STRATEGIC TR

SOLE

MUN BD ETF

Shares755.51K

TypeSH

Market value$19.02M

0.72%

Sole

687.33K

Shared

0.00

None

68.18K

EXXON MOBIL CORP

SOLE

COM

Shares175.26K

TypeSH

Market value$18.89M

0.72%

Sole

165.19K

Shared

0.00

None

10.08K

VISA INC

SOLE

COM CL A

Shares50.92K

TypeSH

Market value$18.08M

0.69%

Sole

39.76K

Shared

0.00

None

11.16K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
BRUKER CORPSOLE	COM	9.50M	SH	$391.45M 14.91%	1.74M	7.76M
GLOBAL PARTNERS LPSOLE	COM UNITS	1.63M	SH	$85.84M 3.27%	929.15K	698.82K
MICROSOFT CORPSOLE	COM	153.07K	SH	$76.14M 2.90%	124.54K	28.53K
JANUS DETROIT STR TRSOLE	HENDERSON MTG	1.41M	SH	$63.45M 2.42%	1.26M	149.30K
APPLE INCSOLE	COM	252.48K	SH	$51.80M 1.97%	180.92K	71.56K
AMAZON COM INCSOLE	COM	235.98K	SH	$51.77M 1.97%	187.56K	48.41K
NVIDIA CORPORATIONSOLE	COM	291K	SH	$45.98M 1.75%	198.34K	92.66K
FIDELITY MERRIMACK STR TRSOLE	TOTAL BD ETF	781.06K	SH	$35.73M 1.36%	695.18K	85.87K
J P MORGAN EXCHANGE TRADED FSOLE	ACTIVE BOND ETF	612.64K	SH	$32.83M 1.25%	547.63K	65.02K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL INTL	768.86K	SH	$30.77M 1.17%	687.50K	81.36K
ALPHABET INCSOLE	CAP STK CL A	173.85K	SH	$30.64M 1.17%	150.16K	23.69K
BROADCOM INCSOLE	COM	109.54K	SH	$30.19M 1.15%	83.90K	25.64K
DIMENSIONAL ETF TRUSTSOLE	INTERNATNAL VAL	678.76K	SH	$29.07M 1.11%	603.69K	75.08K
FIDELITY COVINGTON TRUSTSOLE	ENHANCED INTL	859.17K	SH	$28.58M 1.09%	765K	94.17K
JPMORGAN CHASE & CO.SOLE	COM	96.63K	SH	$28.01M 1.07%	80.32K	16.31K
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQT MK	798.19K	SH	$27.59M 1.05%	703.68K	94.51K
J P MORGAN EXCHANGE TRADED FSOLE	BETABUILDERS I	408.70K	SH	$27.59M 1.05%	360.44K	48.26K
J P MORGAN EXCHANGE TRADED FSOLE	INTRNL RES EQT	351.23K	SH	$24.86M 0.95%	309.62K	41.62K
BLACKROCK ETF TRUST IISOLE	ISHARES AAA CLO	477.25K	SH	$24.78M 0.94%	425.42K	51.83K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	50.01K	SH	$24.29M 0.93%	40.59K	9.41K
BLACKROCK ETF TRUST IISOLE	ISHARES FLEXIBLE	445.98K	SH	$23.57M 0.90%	397.75K	48.22K
JANUS DETROIT STR TRSOLE	B-BBB CLO ETF	413.94K	SH	$19.96M 0.76%	370.27K	43.67K
SCHWAB STRATEGIC TRSOLE	MUN BD ETF	755.51K	SH	$19.02M 0.72%	687.33K	68.18K
EXXON MOBIL CORPSOLE	COM	175.26K	SH	$18.89M 0.72%	165.19K	10.08K
VISA INCSOLE	COM CL A	50.92K	SH	$18.08M 0.69%	39.76K	11.16K

Page 1 of 35

…