RAYMOND JAMES FINANCIAL INC

Filed: 2/18/2026ACC: 0000720005-26-000036

📋 What this filing means

RAYMOND JAMES FINANCIAL INC filed this quarterly 13F‑HR report disclosing 5060 equity positions with a total reported market value of $321.41B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

5060

Positions

$321.41B

Total AUM (reported)

3.32B

Total Shares

Allocation by class

COM$142.07B44.2%

S&P 500 ETF SHS$18.40B5.7%

CL A$9.32B2.9%

CORE US AGGBD ET$8.47B2.6%

SHS$6.41B2.0%

COM NEW$6.03B1.9%

CAP STK CL A$4.17B1.3%

Portfolio Concentration

Top 3$35.22B11.0%

4–10$37.73B11.7%

11–25$34.76B10.8%

Rest$213.69B66.5%

Top 3 weight

11.0%

Top 10 weight

22.7%

Voting Authority Distribution

Total shares with voting rights: 3.32B

Sole

Full voting authority

1.15B

% of voting shares34.6%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

2.17B

% of voting shares65.4%

Investment Discretion (by position count)

Sole0

Shared0

Other5060

Dominant voting typeNone · 65.4% of voting shares

Institutional Holdings5060

Rows:

VANGUARD INDEX FDS

DFND

S&P 500 ETF SHS

Shares29.35M

TypeSH

Market value$18.40B

5.73%

Sole

23.96M

Shared

0.00

None

5.39M

ISHARES TR

DFND

CORE US AGGBD ET

Shares84.76M

TypeSH

Market value$8.47B

2.63%

Sole

76.30M

Shared

0.00

None

8.46M

MICROSOFT CORP

DFND

COM

Shares17.26M

TypeSH

Market value$8.35B

2.60%

Sole

6.25M

Shared

0.00

None

11.01M

APPLE INC

DFND

COM

Shares30.08M

TypeSH

Market value$8.18B

2.54%

Sole

6.91M

Shared

0.00

None

23.17M

NVIDIA CORPORATION

DFND

COM

Shares34.58M

TypeSH

Market value$6.45B

2.01%

Sole

9.70M

Shared

0.00

None

24.88M

BROADCOM INC

DFND

COM

Shares16.12M

TypeSH

Market value$5.58B

1.74%

Sole

5.84M

Shared

0.00

None

10.28M

AMAZON COM INC

DFND

COM

Shares20.94M

TypeSH

Market value$4.83B

1.50%

Sole

6.12M

Shared

0.00

None

14.83M

JPMORGAN CHASE & CO.

DFND

COM

Shares14.45M

TypeSH

Market value$4.66B

1.45%

Sole

4.29M

Shared

0.00

None

10.16M

ALPHABET INC

DFND

CAP STK CL A

Shares13.31M

TypeSH

Market value$4.17B

1.30%

Sole

3.70M

Shared

0.00

None

9.61M

ISHARES TR

DFND

CORE MSCI EAFE

Shares43.14M

TypeSH

Market value$3.86B

1.20%

Sole

32.93M

Shared

0.00

None

10.21M

SPDR S&P 500 ETF TR

DFND

TR UNIT

Shares5.33M

TypeSH

Market value$3.62B

1.13%

Sole

696.08K

Shared

0.00

None

4.63M

ISHARES TR

DFND

CORE S&P500 ETF

Shares4.37M

TypeSH

Market value$2.99B

0.93%

Sole

201.06K

Shared

0.00

None

4.17M

WALMART INC

DFND

COM

Shares24.71M

TypeSH

Market value$2.75B

0.86%

Sole

6.81M

Shared

0.00

None

17.91M

INVESCO QQQ TR

DFND

UNIT SER 1

Shares3.96M

TypeSH

Market value$2.43B

0.76%

Sole

112.75K

Shared

0.00

None

3.85M

META PLATFORMS INC

DFND

CL A

Shares3.67M

TypeSH

Market value$2.42B

0.75%

Sole

1.26M

Shared

0.00

None

2.42M

ISHARES TR

DFND

CORE S&P MCP ETF

Shares35.82M

TypeSH

Market value$2.36B

0.74%

Sole

23.73M

Shared

0.00

None

12.10M

ALPHABET INC

DFND

CAP STK CL C

Shares7.51M

TypeSH

Market value$2.36B

0.73%

Sole

2.19M

Shared

0.00

None

5.32M

BERKSHIRE HATHAWAY INC DEL

DFND

CL B NEW

Shares4.29M

TypeSH

Market value$2.16B

0.67%

Sole

391.44K

Shared

0.00

None

3.90M

ABBVIE INC

DFND

COM

Shares9.40M

TypeSH

Market value$2.15B

0.67%

Sole

3.50M

Shared

0.00

None

5.90M

JOHNSON & JOHNSON

DFND

COM

Shares10.36M

TypeSH

Market value$2.14B

0.67%

Sole

3.97M

Shared

0.00

None

6.39M

VANGUARD INDEX FDS

DFND

MID CAP ETF

Shares7.14M

TypeSH

Market value$2.07B

0.65%

Sole

3.81M

Shared

0.00

None

3.34M

HOME DEPOT INC

DFND

COM

Shares5.74M

TypeSH

Market value$1.97B

0.61%

Sole

1.78M

Shared

0.00

None

3.95M

VISA INC

DFND

COM CL A

Shares5.50M

TypeSH

Market value$1.93B

0.60%

Sole

1.64M

Shared

0.00

None

3.87M

EATON CORP PLC

DFND

SHS

Shares5.33M

TypeSH

Market value$1.70B

0.53%

Sole

1.93M

Shared

0.00

None

3.41M

ISHARES TR

DFND

CORE S&P SCP ETF

Shares14.10M

TypeSH

Market value$1.69B

0.53%

Sole

8.01M

Shared

0.00

None

6.08M

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
VANGUARD INDEX FDSDFND	S&P 500 ETF SHS	29.35M	SH	$18.40B 5.73%	23.96M	5.39M
ISHARES TRDFND	CORE US AGGBD ET	84.76M	SH	$8.47B 2.63%	76.30M	8.46M
MICROSOFT CORPDFND	COM	17.26M	SH	$8.35B 2.60%	6.25M	11.01M
APPLE INCDFND	COM	30.08M	SH	$8.18B 2.54%	6.91M	23.17M
NVIDIA CORPORATIONDFND	COM	34.58M	SH	$6.45B 2.01%	9.70M	24.88M
BROADCOM INCDFND	COM	16.12M	SH	$5.58B 1.74%	5.84M	10.28M
AMAZON COM INCDFND	COM	20.94M	SH	$4.83B 1.50%	6.12M	14.83M
JPMORGAN CHASE & CO.DFND	COM	14.45M	SH	$4.66B 1.45%	4.29M	10.16M
ALPHABET INCDFND	CAP STK CL A	13.31M	SH	$4.17B 1.30%	3.70M	9.61M
ISHARES TRDFND	CORE MSCI EAFE	43.14M	SH	$3.86B 1.20%	32.93M	10.21M
SPDR S&P 500 ETF TRDFND	TR UNIT	5.33M	SH	$3.62B 1.13%	696.08K	4.63M
ISHARES TRDFND	CORE S&P500 ETF	4.37M	SH	$2.99B 0.93%	201.06K	4.17M
WALMART INCDFND	COM	24.71M	SH	$2.75B 0.86%	6.81M	17.91M
INVESCO QQQ TRDFND	UNIT SER 1	3.96M	SH	$2.43B 0.76%	112.75K	3.85M
META PLATFORMS INCDFND	CL A	3.67M	SH	$2.42B 0.75%	1.26M	2.42M
ISHARES TRDFND	CORE S&P MCP ETF	35.82M	SH	$2.36B 0.74%	23.73M	12.10M
ALPHABET INCDFND	CAP STK CL C	7.51M	SH	$2.36B 0.73%	2.19M	5.32M
BERKSHIRE HATHAWAY INC DELDFND	CL B NEW	4.29M	SH	$2.16B 0.67%	391.44K	3.90M
ABBVIE INCDFND	COM	9.40M	SH	$2.15B 0.67%	3.50M	5.90M
JOHNSON & JOHNSONDFND	COM	10.36M	SH	$2.14B 0.67%	3.97M	6.39M
VANGUARD INDEX FDSDFND	MID CAP ETF	7.14M	SH	$2.07B 0.65%	3.81M	3.34M
HOME DEPOT INCDFND	COM	5.74M	SH	$1.97B 0.61%	1.78M	3.95M
VISA INCDFND	COM CL A	5.50M	SH	$1.93B 0.60%	1.64M	3.87M
EATON CORP PLCDFND	SHS	5.33M	SH	$1.70B 0.53%	1.93M	3.41M
ISHARES TRDFND	CORE S&P SCP ETF	14.10M	SH	$1.69B 0.53%	8.01M	6.08M

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