Filed: 10/27/2025ACC: 0000757657-25-000022
📋 What this filing means
STEPHENS INC /AR/ filed this quarterly 13F‑HR report disclosing 1321 equity positions with a total reported market value of $7.85B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1321
Positions
$7.85B
Total AUM (reported)
91.02M
Total Shares
Allocation by class
COM$3.24B41.3%
CL A$308.97M3.9%
TOTAL STK MKT$229.55M2.9%
UNIT SER 1$155.25M2.0%
COM NEW$140.77M1.8%
TR UNIT$128.34M1.6%
RUS 1000 VAL ETF$128.01M1.6%
Portfolio Concentration
Top 3$621.61M7.9%
4–10$956.55M12.2%
11–25$1.14B14.5%
Rest$5.13B65.3%
Top 3 weight
7.9%
Top 10 weight
20.1%
Voting Authority Distribution
Total shares with voting rights: 91.02M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
91.02M
shares
% of voting shares100.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other1321
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings1321
Rows:
VANGUARD INDEX FDS
DFNDShares699.47K
TypeSH
Market value$229.55M
2.93%
Sole
0.00
Shared
699.47K
None
0.00
APPLE INC
DFNDShares823.41K
TypeSH
Market value$209.76M
2.67%
Sole
0.00
Shared
823.41K
None
0.00
MICROSOFT CORP
DFNDShares351.67K
TypeSH
Market value$182.30M
2.32%
Sole
0.00
Shared
351.67K
None
0.00
INVESCO QQQ TR
DFNDShares258.58K
TypeSH
Market value$155.25M
1.98%
Sole
0.00
Shared
258.58K
None
0.00
NVIDIA CORPORATION
DFNDShares776.58K
TypeSH
Market value$144.95M
1.85%
Sole
0.00
Shared
776.58K
None
0.00
WALMART INC
DFNDShares1.39M
TypeSH
Market value$143.09M
1.82%
Sole
0.00
Shared
1.39M
None
0.00
BROADCOM INC
DFNDShares399.46K
TypeSH
Market value$131.78M
1.68%
Sole
0.00
Shared
399.46K
None
0.00
SPDR S&P 500 ETF TR
DFNDShares192.35K
TypeSH
Market value$128.34M
1.64%
Sole
0.00
Shared
192.35K
None
0.00
ISHARES TR
DFNDShares628.77K
TypeSH
Market value$128.01M
1.63%
Sole
0.00
Shared
628.77K
None
0.00
JPMORGAN CHASE & CO.
DFNDShares396.74K
TypeSH
Market value$125.14M
1.59%
Sole
0.00
Shared
396.74K
None
0.00
AMAZON COM INC
DFNDShares565.21K
TypeSH
Market value$124.19M
1.58%
Sole
0.00
Shared
565.21K
None
0.00
ISHARES TR
DFNDShares254.61K
TypeSH
Market value$119.26M
1.52%
Sole
0.00
Shared
254.61K
None
0.00
ISHARES TR
DFNDShares843.70K
TypeSH
Market value$117.84M
1.50%
Sole
0.00
Shared
843.70K
None
0.00
ALPHABET INC
DFNDShares333.56K
TypeSH
Market value$81.38M
1.04%
Sole
0.00
Shared
333.56K
None
0.00
ALPHABET INC
DFNDShares328.61K
TypeSH
Market value$79.89M
1.02%
Sole
0.00
Shared
328.61K
None
0.00
ISHARES TR
DFNDShares544.94K
TypeSH
Market value$77.60M
0.99%
Sole
0.00
Shared
544.94K
None
0.00
VANGUARD INDEX FDS
DFNDShares402.77K
TypeSH
Market value$75.11M
0.96%
Sole
0.00
Shared
402.77K
None
0.00
META PLATFORMS INC
DFNDShares90.97K
TypeSH
Market value$66.80M
0.85%
Sole
0.00
Shared
90.97K
None
0.00
VANGUARD INDEX FDS
DFNDShares135.19K
TypeSH
Market value$64.84M
0.83%
Sole
0.00
Shared
135.19K
None
0.00
VANGUARD INDEX FDS
DFNDShares104.44K
TypeSH
Market value$63.95M
0.82%
Sole
0.00
Shared
104.44K
None
0.00
ISHARES TR
DFNDShares148.19K
TypeSH
Market value$56.15M
0.72%
Sole
0.00
Shared
148.19K
None
0.00
VANGUARD INDEX FDS
DFNDShares268.40K
TypeSH
Market value$56.02M
0.71%
Sole
0.00
Shared
268.40K
None
0.00
GOLDMAN SACHS GROUP INC
DFNDShares68.25K
TypeSH
Market value$54.35M
0.69%
Sole
0.00
Shared
68.25K
None
0.00
MASTERCARD INCORPORATED
DFNDShares91.52K
TypeSH
Market value$52.06M
0.66%
Sole
0.00
Shared
91.52K
None
0.00
BLACKSTONE INC
DFNDShares303.44K
TypeSH
Market value$51.86M
0.66%
Sole
0.00
Shared
303.44K
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSDFND | TOTAL STK MKT | 699.47K | SH | $229.55M 2.93% | 0.00 | 699.47K | 0.00 |
APPLE INCDFND | COM | 823.41K | SH | $209.76M 2.67% | 0.00 | 823.41K | 0.00 |
MICROSOFT CORPDFND | COM | 351.67K | SH | $182.30M 2.32% | 0.00 | 351.67K | 0.00 |
INVESCO QQQ TRDFND | UNIT SER 1 | 258.58K | SH | $155.25M 1.98% | 0.00 | 258.58K | 0.00 |
NVIDIA CORPORATIONDFND | COM | 776.58K | SH | $144.95M 1.85% | 0.00 | 776.58K | 0.00 |
WALMART INCDFND | COM | 1.39M | SH | $143.09M 1.82% | 0.00 | 1.39M | 0.00 |
BROADCOM INCDFND | COM | 399.46K | SH | $131.78M 1.68% | 0.00 | 399.46K | 0.00 |
SPDR S&P 500 ETF TRDFND | TR UNIT | 192.35K | SH | $128.34M 1.64% | 0.00 | 192.35K | 0.00 |
ISHARES TRDFND | RUS 1000 VAL ETF | 628.77K | SH | $128.01M 1.63% | 0.00 | 628.77K | 0.00 |
JPMORGAN CHASE & CO.DFND | COM | 396.74K | SH | $125.14M 1.59% | 0.00 | 396.74K | 0.00 |
AMAZON COM INCDFND | COM | 565.21K | SH | $124.19M 1.58% | 0.00 | 565.21K | 0.00 |
ISHARES TRDFND | RUS 1000 GRW ETF | 254.61K | SH | $119.26M 1.52% | 0.00 | 254.61K | 0.00 |
ISHARES TRDFND | RUS MDCP VAL ETF | 843.70K | SH | $117.84M 1.50% | 0.00 | 843.70K | 0.00 |
ALPHABET INCDFND | CAP STK CL C | 333.56K | SH | $81.38M 1.04% | 0.00 | 333.56K | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 328.61K | SH | $79.89M 1.02% | 0.00 | 328.61K | 0.00 |
ISHARES TRDFND | RUS MD CP GR ETF | 544.94K | SH | $77.60M 0.99% | 0.00 | 544.94K | 0.00 |
VANGUARD INDEX FDSDFND | VALUE ETF | 402.77K | SH | $75.11M 0.96% | 0.00 | 402.77K | 0.00 |
META PLATFORMS INCDFND | CL A | 90.97K | SH | $66.80M 0.85% | 0.00 | 90.97K | 0.00 |
VANGUARD INDEX FDSDFND | GROWTH ETF | 135.19K | SH | $64.84M 0.83% | 0.00 | 135.19K | 0.00 |
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 104.44K | SH | $63.95M 0.82% | 0.00 | 104.44K | 0.00 |
ISHARES TRDFND | RUSSELL 3000 ETF | 148.19K | SH | $56.15M 0.72% | 0.00 | 148.19K | 0.00 |
VANGUARD INDEX FDSDFND | SM CP VAL ETF | 268.40K | SH | $56.02M 0.71% | 0.00 | 268.40K | 0.00 |
GOLDMAN SACHS GROUP INCDFND | COM | 68.25K | SH | $54.35M 0.69% | 0.00 | 68.25K | 0.00 |
MASTERCARD INCORPORATEDDFND | CL A | 91.52K | SH | $52.06M 0.66% | 0.00 | 91.52K | 0.00 |
BLACKSTONE INCDFND | COM | 303.44K | SH | $51.86M 0.66% | 0.00 | 303.44K | 0.00 |
Page 1 of 53
…