WestEnd Advisors, LLC

CIK 1351731 · View on SEC EDGAR ↗

Portfolio value QoQ: +8.3% 13F does not disclose cash

Top 10 holdings weight64.05%

Top 25 holdings weight90.39%

Positions above 1%21

Effective number of positions16.7

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 13.28% Est. buys $572,611,111 · sells $640,399,577

Median holding: 6.0 quarters Tracked Q1 2025–Q2 2026 · 84.3% still held

New positions56

Increased156

Decreased67

Closed39

Portfolio value $4.5B #940 of 9,337 by 13F value · top 10.1%

Positions 408

As of June 30, 2026 Data as of Q2 2026

Sector breakdown

Technology 5.9%

Financials 3.2%

Communication Services 2.2%

Retail 1.7%

Health Care 1.7%

Industrials 0.9%

Consumer Staples 0.7%

Real Estate 0.0%

Energy 0.0%

Consumer Discretionary 0.0%

Materials 0.0%

Utilities 0.0%

Consumer products 0.0%

Other/Unmapped 83.8%

Full portfolio 408 positions

Search positions by ticker or company name

					Streak
XLK SELECT SECTOR SPDR TRUST	$640,235,559	14.27%	3,360,440	$211,823,264	Up ×3
XLF SELECT SECTOR SPDR TRUST	$464,371,294	10.35%	8,662,021	$81,080,639	Up ×1
IEUR iShares Core MSCI Europe ETF	$363,962,087	8.11%	4,841,845	$93,855,391	Up ×3
XLV SELECT SECTOR SPDR TRUST	$309,370,871	6.90%	1,949,867	$34,015,728	Up ×2
VEU Vanguard FTSE All World Ex US ETF	$301,138,130	6.71%	3,595,668	$16,006,383	Down ×1
XLC SELECT SECTOR SPDR TRUST	$236,035,265	5.26%	2,203,231	$-78,675,869	Down ×1
VCSH Vanguard Short-Term Corporate Bond ETF	$153,551,794	3.42%	1,942,950	$38,090,575	Up ×4
TLT iShares 20+ Year Treasury Bond ETF	$149,274,406	3.33%	1,727,307	$67,493,151	Up ×2
IEI iShares 3-7 Year Treasury Bond ETF	$129,193,206	2.88%	1,099,976	$-13,823,244	Down ×1
IJR iShares Trust	$125,657,038	2.80%	847,232	$9,144,094	Down ×1
IBB iShares Trust	$124,744,693	2.78%	655,852	$15,305,158	Up ×2
XLY XLY	$120,333,785	2.68%	1,025,999	$18,277,075	Up ×2
IYT iShares U.S. Transportation ETF	$120,038,776	2.68%	1,383,695		Up ×1
XLU XLU	$117,482,251	2.62%	2,591,111	$6,728,445	Up ×4
IGM iShares Expanded Tech Sector ETF	$116,942,176	2.61%	714,852	$17,857,064	Down ×1
XLB XLB	$113,344,502	2.53%	2,229,844	$113,318,568	Up ×1
IEF iShares 7-10 Year Treasury Bond ETF	$80,634,517	1.80%	852,633	$6,223,876	Up ×4
VPL Vanguard FTSE Pacific ETF	$60,310,415	1.34%	521,280	$4,138,759	Down ×5
NVDA NVIDIA Corporation - Common Stock	$58,410,304	1.30%	291,918	$1,236,348	Down ×4
TXN Texas Instruments Incorporated - Common Stock	$53,764,277	1.20%	180,372	$14,678,977	Down ×2
AAPL Apple Inc. - Common Stock	$48,713,019	1.09%	168,345	$1,325,411	Down ×4
GOOGL Alphabet Inc. - Class A Common Stock	$44,551,136	0.99%	124,662	$4,689,461	Down ×4
AMZN Amazon.com, Inc. - Common Stock	$41,652,458	0.93%	174,758	$1,063,678	Down ×6
UPS United Parcel Service, Inc. Common Stock	$40,803,887	0.91%	379,569		Up ×1
JPM JP Morgan Chase & Co. Common Stock	$39,748,763	0.89%	121,431	$-346,174	Down ×6
CB Chubb Limited Common Stock	$37,799,678	0.84%	110,931	$-2,830,503	Down ×6
MSFT Microsoft Corporation - Common Stock	$36,657,437	0.82%	98,269	$-3,097,533	Down ×1
MA Mastercard Incorporated Common Stock	$36,213,868	0.81%	70,507	$-3,560,883	Down ×1
TMO Thermo Fisher Scientific Inc Common Stock	$35,489,660	0.79%	70,784	$-5,119,090	Down ×3
TJX TJX Companies, Inc. (The) Common Stock	$34,178,719	0.76%	225,600	$-6,177,819	Down ×6
META Meta Platforms, Inc. - Class A Common Stock	$31,510,570	0.70%	55,937	$-5,988,104	Down ×1
MDT Medtronic plc. Ordinary Shares	$29,957,783	0.67%	382,943	$-8,445,636	Down ×2
PEP PepsiCo, Inc. - Common Stock	$29,663,469	0.66%	219,077	$-8,652,906	Down ×1
SPGI S&P Global Inc. Common Stock	$27,450,094	0.61%	67,399	$-6,630,270	Down ×1
CRM Salesforce, Inc. Common Stock	$26,874,731	0.60%	171,546	$-12,471,674	Down ×1
SPY SPY	$22,564,222	0.50%	30,214	$5,924,906	Up ×1
QCOM QUALCOMM Incorporated - Common Stock	$21,326,594	0.48%	115,407	$4,580,944	Down ×4
TMUS T-Mobile US, Inc. - Common Stock	$20,420,342	0.46%	121,742	$-8,597,658	Down ×6
INTU Intuit Inc. - Common Stock	$16,853,020	0.38%	64,569	$-18,279,510	Down ×1
REGN Regeneron Pharmaceuticals, Inc. - Common Stock	$12,110,012	0.27%	19,419	$-7,682,129	Down ×1
XLP XLP	$2,219,016	0.05%	26,712	$-229,673,063	Down ×1
EEMA iShares MSCI Emerging Markets Asia ETF	$1,766,960	0.04%	15,107	$-53,515,823	Down ×4
ACWI iShares MSCI ACWI ETF	$1,529,631	0.03%	9,745	$-7,956,084	Down ×1
AOR iShares Trust	$941,788	0.02%	13,551	$-4,211,705	Down ×1
WMT Walmart Inc. - Common Stock	$820,565	0.02%	7,245	$-40,230,060	Down ×6
IVV iShares Trust	$786,260	0.02%	1,050	$603,407	Up ×4
VCIT Vanguard Intermediate-Term Corporate Bond ETF	$644,379	0.01%	7,796	$-58,584,932	Down ×1
IWB iShares Russell 1000 ETF	$427,924	0.01%	1,045	$51,782	Down ×2
MLPX Global X Funds	$189,380	0.00%	2,571	$-15,951	Down ×1
EWT iShares MSCI Taiwan ETF	$173,885	0.00%	1,601	$-56,534	Down ×1
EWY iShares MSCI South Korea ETF	$170,807	0.00%	846	$-32,652	Down ×1
XLI SELECT SECTOR SPDR TRUST	$155,038	0.00%	837
INDA iShares Trust	$147,232	0.00%	2,981	$-110,529	Down ×1
DBB Invesco DB Base Metals Fund	$117,319	0.00%	4,868	$-10,897	Down ×1
DBE Invesco DB Energy Fund	$105,483	0.00%	4,023
EWC iShares MSCI Canada Index Fund	$105,251	0.00%	1,826	$-148,262	Down ×1
GNR State Street SPDR S&P Global Natural Resources ETF	$99,417	0.00%	1,477	$-7,660	Up ×1
GLDM SPDR Gold MiniShares Trust	$88,474	0.00%	1,114	$1,067	Up ×1
WELL Welltower Inc. Common Stock	$66,880	0.00%	295	$-84,762	Down ×6
UNH UnitedHealth Group Incorporated Common Stock (DE)	$64,874	0.00%	156	$23,451	Up ×1
XLE SELECT SECTOR SPDR TRUST	$51,569	0.00%	971	$1,275	Up ×3
BRK-B (filed as BRKB) Berkshire Hathaway Inc. Class B	$44,034	0.00%	88	$15,761	Up ×1
ABBV AbbVie Inc. Common Stock	$40,011	0.00%	159	$9,997	Up ×1
GOOG Alphabet Inc. - Class C Capital Stock	$37,453	0.00%	106	$-8,445	Down ×1
V Visa Inc.	$36,711	0.00%	107	$20,390	Up ×1
VCLT Vanguard Long-Term Corporate Bond ETF	$32,884	0.00%	437	$2,025	Up ×2
AVGO Broadcom Inc. - Common Stock	$30,598	0.00%	81	$6,456	Up ×1
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF	$29,882	0.00%	562	$1,835	Up ×3
LLY Eli Lilly and Company Common Stock	$28,786	0.00%	24	$8,551	Up ×1
IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF	$24,449	0.00%	139	$1,408	Down ×6
MU Micron Technology, Inc. - Common Stock	$24,240	0.00%	21	$18,159	Up ×1
SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF	$20,797	0.00%	693
HYG iShares Trust	$20,312	0.00%	254
EWW iShares MSCI Mexico ETF	$19,043	0.00%	253
ET Energy Transfer LP Common Units	$18,317	0.00%	958		Up ×1
JNJ Johnson & Johnson Common Stock	$18,286	0.00%	72	$2,397	Up ×1
AMGN Amgen Inc. - Common Stock	$17,382	0.00%	48	$2,956	Up ×1
AMD Advanced Micro Devices, Inc. - Common Stock	$16,265	0.00%	28	$10,976	Up ×1
MBB iShares MBS ETF	$15,501	0.00%	164	$-71
VTI Vanguard Morningstar Total Stock Market ETF	$15,172	0.00%	41	$2,340	Up ×1
GILD Gilead Sciences, Inc. - Common Stock	$14,024	0.00%	111	$644	Up ×1
AEIS Advanced Energy Industries, Inc. - Common Stock	$13,568	0.00%	36		Up ×1
UNP Union Pacific Corporation Common Stock	$13,056	0.00%	48
BAC Bank of America Corporation Common Stock	$13,048	0.00%	229	$2,225	Up ×1
TSLA Tesla, Inc. - Common Stock	$13,039	0.00%	31	$2,258	Up ×1
LIN Linde plc - Ordinary Shares	$12,974	0.00%	25		Up ×1
LNG Cheniere Energy, Inc. Common Stock	$11,951	0.00%	50		Up ×1
UBER Uber Technologies, Inc. Common Stock	$11,473	0.00%	159		Up ×1
INTC Intel Corporation - Common Stock	$11,450	0.00%	82	$8,273	Up ×1
VRTX Vertex Pharmaceuticals Incorporated - Common Stock	$10,928	0.00%	22	$2,444	Up ×1
VT Vanguard Total World Stock Index ETF	$10,832	0.00%	69	$-5,435	Down ×2
IGV iShares Expanded Tech-Software Sector ETF	$10,611	0.00%	117	$6,198	Up ×1
GS Goldman Sachs Group, Inc. (The) Common Stock	$10,259	0.00%	10	$609	Down ×2
VYMI Vanguard International High Dividend Yield ETF	$10,213	0.00%	104	$412
AMAT Applied Materials, Inc. - Common Stock	$10,122	0.00%	14	$5,679	Up ×1
LRCX Lam Research Corporation - Common Stock	$9,533	0.00%	22	$5,046	Up ×1
MRK Merck & Company, Inc. Common Stock (new)	$9,381	0.00%	73	$1,322	Up ×1
WFC Wells Fargo & Company Common Stock	$8,842	0.00%	107	$563	Up ×1
MS Morgan Stanley Common Stock	$8,780	0.00%	42	$2,362	Up ×1
C Citigroup, Inc. Common Stock	$8,398	0.00%	60	$1,593
No matches

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security	Value	% of portfolio	Streak
XLK	$640,235,559	14.27%	up ×3
IEUR	$363,962,087	8.11%	up ×3
VCSH	$153,551,794	3.42%	up ×4
XLU	$117,482,251	2.62%	up ×4
IEF	$80,634,517	1.80%	up ×4
IVV	$786,260	0.02%	up ×4
XLE	$51,569	0.00%	up ×3
IGIB	$29,882	0.00%	up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security	Value	Shares	% of portfolio
IYT	$120,038,776	1,383,695	2.68%
UPS	$40,803,887	379,569	0.91%
XLI	$155,038	837	0.00%
DBE	$105,483	4,023	0.00%
SPSB	$20,797	693	0.00%
HYG	$20,312	254	0.00%
EWW	$19,043	253	0.00%
ET	$18,317	958	0.00%
AEIS	$13,568	36	0.00%
UNP	$13,056	48	0.00%
LIN	$12,974	25	0.00%
LNG	$11,951	50	0.00%
UBER	$11,473	159	0.00%
CASY	$7,153	9	0.00%
CSX	$7,130	150	0.00%

Top movers (QoQ)

Security	Action	Shares Δ	Value Δ
XLK	Bought more	+137K	+$211.8M
IEUR	Bought more	+998K	+$93.9M
XLF	Bought more	+898K	+$81.1M
XLC	Trimmed	-636K	-$78.7M
TLT	Bought more	+784K	+$67.5M
VCSH	Bought more	+486K	+$38.1M
XLV	Bought more	+72K	+$34.0M
INTU	Trimmed	-17K	-$18.3M
XLY	Bought more	+90K	+$18.3M
IGM	Trimmed	-121K	+$17.9M

5 positions hidden — reported move looks larger than the position itself (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

Security	Quarter	Shares before	Value before	Price since exit
EWJ	March 31, 2026	4,069	$328,531	18.2%
MCHI	Sept. 30, 2025	5,449	$300,240
EWL	June 30, 2025	3,991	$206,694
DBP	June 30, 2026	1,018	$112,021
DBE	June 30, 2025	5,622	$110,191
DBB	June 30, 2025	5,586	$107,195
EWN	Sept. 30, 2025	1,959	$106,766
DBA	Dec. 31, 2025	3,897	$104,284
DBP	Sept. 30, 2025	1,383	$103,919
XLI	Dec. 31, 2025	630	$97,165	10.9%
XLI	June 30, 2025	600	$78,642	16.6%
EWZ	June 30, 2026	1,798	$69,025
IOO	June 30, 2026	397	$48,073	6.6%
EWS	June 30, 2025	1,792	$42,578	28.5%
SHY	June 30, 2025	428	$35,408
AOM	Sept. 30, 2025	631	$29,068
SPSB	Sept. 30, 2025	685	$20,680
HYG	March 31, 2026	235	$18,948
COST	June 30, 2026	19	$18,932	-0.6%
PG	June 30, 2026	100	$14,444	1.4%
EWW	Dec. 31, 2025	183	$12,482
KO	June 30, 2026	164	$12,472	7.4%
PM	June 30, 2026	66	$10,912	5.8%
VV	Sept. 30, 2025	31	$8,709
MO	June 30, 2026	72	$4,751	-4.7%
SCHB	Sept. 30, 2025	138	$3,289	15.4%
MDLZ	June 30, 2026	54	$3,113	3.5%
CL	June 30, 2026	34	$2,898	-4.7%
TGT	June 30, 2026	19	$2,303	18.3%
MNST	June 30, 2026	31	$2,246	-10.2%
KR	June 30, 2026	26	$1,881	4.6%
FICO	June 30, 2025	1	$1,844	-62.6%
UNP	March 31, 2026	7	$1,623	14.1%
KDP	June 30, 2026	57	$1,501	-4.2%
ADM	June 30, 2026	20	$1,454	8.3%
SYY	June 30, 2026	20	$1,427	-7.4%
KVUE	June 30, 2026	82	$1,414	-8.3%
KMB	June 30, 2026	14	$1,351	-11.8%
HSY	June 30, 2026	6	$1,247	-7.8%
DFS	June 30, 2025	7	$1,195	No longer tracked
MTD	Sept. 30, 2025	1	$1,175	24.3%
IEFA	Sept. 30, 2025	14	$1,169
DG	June 30, 2026	9	$1,069	7.5%
ANSS	Sept. 30, 2025	3	$1,054	No longer tracked
DLTR	June 30, 2026	9	$986	-3.3%
K	Dec. 31, 2025	12	$984	No longer tracked
CHD	June 30, 2026	10	$933	0.2%
STZ	June 30, 2026	6	$900	-17.4%
VMBS	Sept. 30, 2025	19	$880
GIS	June 30, 2026	23	$856	-7.5%
KHC	June 30, 2026	37	$832	-6.3%
TSN	June 30, 2026	12	$769	-8.5%
BG	June 30, 2026	6	$763	1.0%
EL	June 30, 2026	10	$718	19.5%
CLX	June 30, 2026	6	$622	-12.4%
MPWR	June 30, 2025	1	$580	101.4%
ULTA	Dec. 31, 2025	1	$547	-9.5%
USHY	Sept. 30, 2025	14	$525	-5.5%
TYL	Dec. 31, 2025	1	$523	-26.3%
MKC	June 30, 2026	10	$504	-8.7%
IEMG	Sept. 30, 2025	8	$480
HOLX	June 30, 2026	6	$454	No longer tracked
SJM	June 30, 2026	4	$386	4.2%
PCY	Sept. 30, 2025	18	$368
IPG	Dec. 31, 2025	12	$335	No longer tracked
CAG	June 30, 2026	20	$314	-0.1%
RL	Dec. 31, 2025	1	$314	3.7%
CCL	June 30, 2026	12	$311	-6.6%
TAP	June 30, 2026	7	$301	-4.0%
WBA	Sept. 30, 2025	26	$298	No longer tracked
POOL	Sept. 30, 2025	1	$291	-49.0%
HRL	June 30, 2026	12	$272	-19.6%
PARA	Sept. 30, 2025	20	$258
LW	March 31, 2026	6	$251	13.4%
MTCH	March 31, 2026	7	$226	32.7%
MKTX	Sept. 30, 2025	1	$223	-5.9%
CPB	June 30, 2026	9	$200	-14.7%
JNPR	Sept. 30, 2025	5	$200	No longer tracked
BF-B (filed as BFB)	June 30, 2026	7	$185	No longer tracked
MOH	March 31, 2026	1	$174	46.4%
TIPX	Sept. 30, 2025	9	$172
LKQ	Dec. 31, 2025	5	$153	-24.8%
EPAM	June 30, 2026	1	$135	37.1%
KMX	Dec. 31, 2025	3	$135	44.1%
AOK	Dec. 31, 2025	3	$134
MHK	Dec. 31, 2025	1	$129	15.1%
CZR	Sept. 30, 2025	4	$114	9.7%
ENPH	Sept. 30, 2025	2	$79	-4.2%
IOO	June 30, 2025	0	$44	35.0%