WADDELL & ASSOCIATES, LLC

Filed: 8/12/2025ACC: 0001765380-25-000332

📋 What this filing means

WADDELL & ASSOCIATES, LLC filed this quarterly 13F‑HR report disclosing 243 equity positions with a total reported market value of $936.82M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

243

Positions

$936.82M

Total AUM (reported)

16.39M

Total Shares

Allocation by class

COM$115.76M12.4%

UTSER1 S&PDCRP$81.33M8.7%

US INFR DEV ETF$79.61M8.5%

US QTLY DIV GRT$79.22M8.5%

FUNDAMENTAL US S$77.05M8.2%

ADAPTIVE US$65.14M7.0%

SHILLER CAPE U S$63.26M6.8%

Portfolio Concentration

Top 3$240.16M25.6%

4–10$395.82M42.3%

11–25$163.47M17.4%

Rest$137.38M14.7%

Top 3 weight

25.6%

Top 10 weight

67.9%

Voting Authority Distribution

Total shares with voting rights: 16.39M

Sole

Full voting authority

629.38K

% of voting shares3.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

15.76M

% of voting shares96.2%

Investment Discretion (by position count)

Sole243

Shared0

Other0

Dominant voting typeNone · 96.2% of voting shares

Institutional Holdings243

Rows:

SPDR S&P MIDCAP 400 ETF TR

SOLE

UTSER1 S&PDCRP

Shares143.57K

TypeSH

Market value$81.33M

8.68%

Sole

6.62K

Shared

0.00

None

136.95K

GLOBAL X FDS

SOLE

US INFR DEV ETF

Shares1.83M

TypeSH

Market value$79.61M

8.50%

Sole

70.40K

Shared

0.00

None

1.76M

WISDOMTREE TR

SOLE

US QTLY DIV GRT

Shares946.08K

TypeSH

Market value$79.22M

8.46%

Sole

46.32K

Shared

0.00

None

899.76K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US S

Shares2.69M

TypeSH

Market value$77.05M

8.22%

Sole

132.08K

Shared

0.00

None

2.56M

GLOBAL X FDS

SOLE

ADAPTIVE US

Shares1.46M

TypeSH

Market value$65.14M

6.95%

Sole

62.56K

Shared

0.00

None

1.39M

DOUBLELINE ETF TRUST

SOLE

SHILLER CAPE U S

Shares1.99M

TypeSH

Market value$63.26M

6.75%

Sole

89.51K

Shared

0.00

None

1.90M

SCHWAB STRATEGIC TR

SOLE

1000 INDEX ETF

Shares1.99M

TypeSH

Market value$59.25M

6.32%

Sole

78.24K

Shared

0.00

None

1.91M

ISHARES TR

SOLE

CORE MSCI EAFE

Shares575.70K

TypeSH

Market value$48.06M

5.13%

Sole

21.09K

Shared

0.00

None

554.60K

INVESCO EXCH TRADED FD TR II

SOLE

NASDAQ 100 ETF

Shares194.42K

TypeSH

Market value$44.15M

4.71%

Sole

8.68K

Shared

0.00

None

185.75K

SPDR INDEX SHS FDS

SOLE

S&P EMKTSC ETF

Shares627.14K

TypeSH

Market value$38.90M

4.15%

Sole

30.35K

Shared

0.00

None

596.78K

DIREXION SHS ETF TR

SOLE

NAS100 EQL WGT

Shares395.06K

TypeSH

Market value$38.84M

4.15%

Sole

15.80K

Shared

0.00

None

379.27K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares538.79K

TypeSH

Market value$36.93M

3.94%

Sole

24.97K

Shared

0.00

None

513.83K

APPLE INC

SOLE

COM

Shares52.12K

TypeSH

Market value$10.69M

1.14%

Sole

468.00

Shared

0.00

None

51.65K

FEDEX CORP

SOLE

COM

Shares40.61K

TypeSH

Market value$9.23M

0.99%

Sole

308.00

Shared

0.00

None

40.30K

SPDR S&P 500 ETF TR

SOLE

TR UNIT

Shares14.01K

TypeSH

Market value$8.66M

0.92%

Sole

0.00

Shared

0.00

None

14.01K

DOUBLELINE ETF TRUST

SOLE

OPPORTUNISTIC CO

Shares182.43K

TypeSH

Market value$8.44M

0.90%

Sole

13.44K

Shared

0.00

None

169K

MICROSOFT CORP

SOLE

COM

Shares15.69K

TypeSH

Market value$7.80M

0.83%

Sole

569.00

Shared

0.00

None

15.12K

ISHARES TR

SOLE

RUS 1000 GRW ETF

Shares17.23K

TypeSH

Market value$7.32M

0.78%

Sole

0.00

Shared

0.00

None

17.23K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares13.89K

TypeSH

Market value$6.75M

0.72%

Sole

525.00

Shared

0.00

None

13.37K

NVIDIA CORPORATION

SOLE

COM

Shares37.28K

TypeSH

Market value$5.89M

0.63%

Sole

0.00

Shared

0.00

None

37.28K

TWO RDS SHARED TR

SOLE

CONDCTR GBL EQTY

Shares402.55K

TypeSH

Market value$5.52M

0.59%

Sole

0.00

Shared

0.00

None

402.55K

ISHARES TR

SOLE

MSCI USA VALUE

Shares44.55K

TypeSH

Market value$5.04M

0.54%

Sole

0.00

Shared

0.00

None

44.55K

ELI LILLY & CO

SOLE

COM

Shares5.56K

TypeSH

Market value$4.33M

0.46%

Sole

0.00

Shared

0.00

None

5.56K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares22.81K

TypeSH

Market value$4.03M

0.43%

Sole

1.10K

Shared

0.00

None

21.71K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares44.68K

TypeSH

Market value$3.99M

0.43%

Sole

458.00

Shared

0.00

None

44.23K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
SPDR S&P MIDCAP 400 ETF TRSOLE	UTSER1 S&PDCRP	143.57K	SH	$81.33M 8.68%	6.62K	136.95K
GLOBAL X FDSSOLE	US INFR DEV ETF	1.83M	SH	$79.61M 8.50%	70.40K	1.76M
WISDOMTREE TRSOLE	US QTLY DIV GRT	946.08K	SH	$79.22M 8.46%	46.32K	899.76K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US S	2.69M	SH	$77.05M 8.22%	132.08K	2.56M
GLOBAL X FDSSOLE	ADAPTIVE US	1.46M	SH	$65.14M 6.95%	62.56K	1.39M
DOUBLELINE ETF TRUSTSOLE	SHILLER CAPE U S	1.99M	SH	$63.26M 6.75%	89.51K	1.90M
SCHWAB STRATEGIC TRSOLE	1000 INDEX ETF	1.99M	SH	$59.25M 6.32%	78.24K	1.91M
ISHARES TRSOLE	CORE MSCI EAFE	575.70K	SH	$48.06M 5.13%	21.09K	554.60K
INVESCO EXCH TRADED FD TR IISOLE	NASDAQ 100 ETF	194.42K	SH	$44.15M 4.71%	8.68K	185.75K
SPDR INDEX SHS FDSSOLE	S&P EMKTSC ETF	627.14K	SH	$38.90M 4.15%	30.35K	596.78K
DIREXION SHS ETF TRSOLE	NAS100 EQL WGT	395.06K	SH	$38.84M 4.15%	15.80K	379.27K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	538.79K	SH	$36.93M 3.94%	24.97K	513.83K
APPLE INCSOLE	COM	52.12K	SH	$10.69M 1.14%	468.00	51.65K
FEDEX CORPSOLE	COM	40.61K	SH	$9.23M 0.99%	308.00	40.30K
SPDR S&P 500 ETF TRSOLE	TR UNIT	14.01K	SH	$8.66M 0.92%	0.00	14.01K
DOUBLELINE ETF TRUSTSOLE	OPPORTUNISTIC CO	182.43K	SH	$8.44M 0.90%	13.44K	169K
MICROSOFT CORPSOLE	COM	15.69K	SH	$7.80M 0.83%	569.00	15.12K
ISHARES TRSOLE	RUS 1000 GRW ETF	17.23K	SH	$7.32M 0.78%	0.00	17.23K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	13.89K	SH	$6.75M 0.72%	525.00	13.37K
NVIDIA CORPORATIONSOLE	COM	37.28K	SH	$5.89M 0.63%	0.00	37.28K
TWO RDS SHARED TRSOLE	CONDCTR GBL EQTY	402.55K	SH	$5.52M 0.59%	0.00	402.55K
ISHARES TRSOLE	MSCI USA VALUE	44.55K	SH	$5.04M 0.54%	0.00	44.55K
ELI LILLY & COSOLE	COM	5.56K	SH	$4.33M 0.46%	0.00	5.56K
VANGUARD INDEX FDSSOLE	VALUE ETF	22.81K	SH	$4.03M 0.43%	1.10K	21.71K
ISHARES TRSOLE	MSCI EAFE ETF	44.68K	SH	$3.99M 0.43%	458.00	44.23K

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