WADDELL & ASSOCIATES, LLC

Filed: 5/11/2026ACC: 0001765380-26-000203

📋 What this filing means

WADDELL & ASSOCIATES, LLC filed this quarterly 13F‑HR report disclosing 449 equity positions with a total reported market value of $1.77B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

449

Positions

$1.77B

Total AUM (reported)

22.13M

Total Shares

Allocation by class

COM$753.18M42.5%

US INFR DEV ETF$100.02M5.6%

GLOBL CASH ETF$95.66M5.4%

UTSER1 S&PDCRP$94.74M5.3%

FUNDAMENTAL US S$93.63M5.3%

US QTLY DIV GRT$90.16M5.1%

ADAPTIVE US$81.46M4.6%

Portfolio Concentration

Top 3$695.11M39.2%

4–10$533.59M30.1%

11–25$231.42M13.1%

Rest$312.50M17.6%

Top 3 weight

39.2%

Top 10 weight

69.3%

Voting Authority Distribution

Total shares with voting rights: 22.13M

Sole

Full voting authority

1.07M

% of voting shares4.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

21.06M

% of voting shares95.2%

Investment Discretion (by position count)

Sole449

Shared0

Other0

Dominant voting typeNone · 95.2% of voting shares

Institutional Holdings449

Rows:

FEDEX CORP

SOLE

COM

Shares1.40M

TypeSH

Market value$499.43M

28.17%

Sole

308.00

Shared

0.00

None

1.40M

GLOBAL X FDS

SOLE

US INFR DEV ETF

Shares1.97M

TypeSH

Market value$100.02M

5.64%

Sole

112.96K

Shared

0.00

None

1.86M

PACER FDS TR

SOLE

GLOBL CASH ETF

Shares2.07M

TypeSH

Market value$95.66M

5.40%

Sole

150.37K

Shared

0.00

None

1.92M

STATE STR SPDR S&P MIDCAP 40

SOLE

UTSER1 S&PDCRP

Shares153.60K

TypeSH

Market value$94.74M

5.34%

Sole

8.85K

Shared

0.00

None

144.75K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US S

Shares2.89M

TypeSH

Market value$93.63M

5.28%

Sole

173.64K

Shared

0.00

None

2.71M

WISDOMTREE TR

SOLE

US QTLY DIV GRT

Shares1.03M

TypeSH

Market value$90.16M

5.09%

Sole

68.30K

Shared

0.00

None

958.16K

GLOBAL X FDS

SOLE

ADAPTIVE US

Shares1.68M

TypeSH

Market value$81.46M

4.60%

Sole

107.66K

Shared

0.00

None

1.58M

SCHWAB STRATEGIC TR

SOLE

1000 INDEX ETF

Shares2.14M

TypeSH

Market value$67.08M

3.78%

Sole

133.70K

Shared

0.00

None

2.01M

ISHARES TR

SOLE

CORE MSCI EAFE

Shares647.42K

TypeSH

Market value$58.61M

3.31%

Sole

41.19K

Shared

0.00

None

606.23K

INVESCO EXCH TRADED FD TR II

SOLE

NASDAQ 100 ETF

Shares201.64K

TypeSH

Market value$47.91M

2.70%

Sole

12.96K

Shared

0.00

None

188.68K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares570.40K

TypeSH

Market value$45.96M

2.59%

Sole

36.47K

Shared

0.00

None

533.93K

DIREXION SHARES ETF TRUST

SOLE

NASDAQ 100 EQ WT

Shares428.47K

TypeSH

Market value$42.22M

2.38%

Sole

25.61K

Shared

0.00

None

402.86K

ABRDN FDS

SOLE

EMERGING MKTS DI

Shares933.51K

TypeSH

Market value$37.87M

2.14%

Sole

70.33K

Shared

0.00

None

863.18K

APPLE INC

SOLE

COM

Shares65.51K

TypeSH

Market value$16.63M

0.94%

Sole

439.00

Shared

0.00

None

65.07K

NVIDIA CORPORATION

SOLE

COM

Shares67.42K

TypeSH

Market value$11.76M

0.66%

Sole

0.00

Shared

0.00

None

67.42K

MICROSOFT CORP

SOLE

COM

Shares28.01K

TypeSH

Market value$10.37M

0.59%

Sole

569.00

Shared

0.00

None

27.45K

DOUBLELINE ETF TRUST

SOLE

SHILLER CAPE U S

Shares333.95K

TypeSH

Market value$10.30M

0.58%

Sole

0.00

Shared

0.00

None

333.95K

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares14.12K

TypeSH

Market value$9.18M

0.52%

Sole

0.00

Shared

0.00

None

14.12K

DOUBLELINE ETF TRUST

SOLE

OPPORTUNISTIC CO

Shares162.15K

TypeSH

Market value$7.43M

0.42%

Sole

13.56K

Shared

0.00

None

148.60K

SPROTT ASSET MANAGEMENT LP

SOLE

PHYSICAL SILVER

Shares289.83K

TypeSH

Market value$7.07M

0.40%

Sole

0.00

Shared

0.00

None

289.83K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares14.62K

TypeSH

Market value$7.01M

0.40%

Sole

525.00

Shared

0.00

None

14.10K

WALMART INC

SOLE

COM

Shares54.72K

TypeSH

Market value$6.80M

0.38%

Sole

165.00

Shared

0.00

None

54.56K

ALPHABET INC

SOLE

CAP STK CL C

Shares23.05K

TypeSH

Market value$6.61M

0.37%

Sole

269.00

Shared

0.00

None

22.79K

TWO RDS SHARED TR

SOLE

CONDCTR GBL EQTY

Shares399.53K

TypeSH

Market value$6.17M

0.35%

Sole

0.00

Shared

0.00

None

399.53K

ISHARES TR

SOLE

MSCI USA VALUE

Shares42.51K

TypeSH

Market value$6.04M

0.34%

Sole

0.00

Shared

0.00

None

42.51K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
FEDEX CORPSOLE	COM	1.40M	SH	$499.43M 28.17%	308.00	1.40M
GLOBAL X FDSSOLE	US INFR DEV ETF	1.97M	SH	$100.02M 5.64%	112.96K	1.86M
PACER FDS TRSOLE	GLOBL CASH ETF	2.07M	SH	$95.66M 5.40%	150.37K	1.92M
STATE STR SPDR S&P MIDCAP 40SOLE	UTSER1 S&PDCRP	153.60K	SH	$94.74M 5.34%	8.85K	144.75K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US S	2.89M	SH	$93.63M 5.28%	173.64K	2.71M
WISDOMTREE TRSOLE	US QTLY DIV GRT	1.03M	SH	$90.16M 5.09%	68.30K	958.16K
GLOBAL X FDSSOLE	ADAPTIVE US	1.68M	SH	$81.46M 4.60%	107.66K	1.58M
SCHWAB STRATEGIC TRSOLE	1000 INDEX ETF	2.14M	SH	$67.08M 3.78%	133.70K	2.01M
ISHARES TRSOLE	CORE MSCI EAFE	647.42K	SH	$58.61M 3.31%	41.19K	606.23K
INVESCO EXCH TRADED FD TR IISOLE	NASDAQ 100 ETF	201.64K	SH	$47.91M 2.70%	12.96K	188.68K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	570.40K	SH	$45.96M 2.59%	36.47K	533.93K
DIREXION SHARES ETF TRUSTSOLE	NASDAQ 100 EQ WT	428.47K	SH	$42.22M 2.38%	25.61K	402.86K
ABRDN FDSSOLE	EMERGING MKTS DI	933.51K	SH	$37.87M 2.14%	70.33K	863.18K
APPLE INCSOLE	COM	65.51K	SH	$16.63M 0.94%	439.00	65.07K
NVIDIA CORPORATIONSOLE	COM	67.42K	SH	$11.76M 0.66%	0.00	67.42K
MICROSOFT CORPSOLE	COM	28.01K	SH	$10.37M 0.59%	569.00	27.45K
DOUBLELINE ETF TRUSTSOLE	SHILLER CAPE U S	333.95K	SH	$10.30M 0.58%	0.00	333.95K
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	14.12K	SH	$9.18M 0.52%	0.00	14.12K
DOUBLELINE ETF TRUSTSOLE	OPPORTUNISTIC CO	162.15K	SH	$7.43M 0.42%	13.56K	148.60K
SPROTT ASSET MANAGEMENT LPSOLE	PHYSICAL SILVER	289.83K	SH	$7.07M 0.40%	0.00	289.83K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	14.62K	SH	$7.01M 0.40%	525.00	14.10K
WALMART INCSOLE	COM	54.72K	SH	$6.80M 0.38%	165.00	54.56K
ALPHABET INCSOLE	CAP STK CL C	23.05K	SH	$6.61M 0.37%	269.00	22.79K
TWO RDS SHARED TRSOLE	CONDCTR GBL EQTY	399.53K	SH	$6.17M 0.35%	0.00	399.53K
ISHARES TRSOLE	MSCI USA VALUE	42.51K	SH	$6.04M 0.34%	0.00	42.51K

Page 1 of 18

…