Annex Advisory Services Portfolio holdings
Annex Wealth Management is a fee-only wealth management firm, founded in 2001, that pairs financial planning with ongoing management of its clients' investments. Dave Spano, its chief executive, controls the firm through his revocable trust, which sits at the top of its chain of holding companies. Client portfolios can hold stocks, bonds, ETFs, mutual funds and options, and an investment committee meets regularly to discuss the economy and ideas for the portfolios.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Core Plus Bond ETF
JCPB
|
+$231M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$99.4M |
| 3 |
Invesco 0-5 Yr US TIPS ETF
PBTP
|
+$90.7M |
| 4 |
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
|
+$76.9M |
| 5 |
Avantis US Large Cap Value ETF
AVLV
|
+$66.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Victory Portfolios II VictoryShares Core Plus Bond ETF
UBND
|
+$106M |
| 2 |
Invesco Emerging Markets Sovereign Debt ETF
PCY
|
+$87.3M |
| 3 |
Invesco Taxable Municipal Bond ETF
BAB
|
+$86M |
| 4 |
Vanguard Long-Term Treasury ETF
VGLT
|
+$82.7M |
| 5 |
Avantis International Equity ETF
AVDE
|
+$78.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 59.1% |
| 2 | Technology | 16.58% |
| 3 | Financials | 4.96% |
| 4 | Healthcare | 3.96% |
| 5 | Communication Services | 3.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Global E Online
GLBE
$7B
| $3.31M | 0.05% |
83,313
-4,763
| -5% | -$185K |
2025 Q2
5 quarters
|
|
127
MFS Active International ETF
MFSI
$1.25B
| $3.3M | 0.05% |
101,077
-14,911
| -13% | -$494K |
2025 Q1
6 quarters
|
|
128
Digi International
DGII
$2.1B
| $3.29M | 0.05% |
43,204
+6,844
| +19% | +$498K |
2025 Q4
3 quarters
|
|
129
VictoryShares Free Cash Flow ETF
VFLO
$12.5B
| $3.22M | 0.05% |
62,929
-10,036
| -14% | -$517K |
2024 Q3
8 quarters
|
|
|
130
Vanguard Long-Term Treasury ETF
VGLT
$11.2B
| $3.14M | 0.05% |
62,706
-1,562,662
| -96% | -$82.7M |
2024 Q4
7 quarters
|
|
131
Ducommun
DCO
$2.11B
| $3.11M | 0.05% |
18,139
-1,519
| -8% | -$272K |
2022 Q4
15 quarters
|
|
132
AT&T
T
$149B
| $3.1M | 0.05% |
127,193
-28,281
| -18% | -$682K |
2013 Q2
53 quarters
|
|
133
Zeta Global
ZETA
$9.37B
| $3.07M | 0.05% |
97,401
-21,919
| -18% | -$582K |
2025 Q4
3 quarters
|
|
134
Cintas
CTAS
$89.8B
| $3.06M | 0.05% |
15,700
-22,116
| -58% | -$4.4M |
2020 Q4
23 quarters
|
|
135
Third Coast Bancshares
TCBX
$662M
| $3.06M | 0.05% |
72,230
+28,957
| +67% | +$1.26M |
2025 Q1
6 quarters
|
|
136
Invesco Ultra Short Duration ETF
GSY
$4.01B
| $3M | 0.05% |
60,099
-40,638
| -40% | -$2.04M |
2025 Q4
3 quarters
|
|
137
Red Violet
RDVT
$1.18B
| $2.85M | 0.05% |
36,097
-9,935
| -22% | -$701K |
2024 Q4
7 quarters
|
|
138
Invesco S&P International Developed Momentum ETF
IDMO
$4.1B
| $2.73M | 0.04% |
44,777
+3,762
| +9% | +$231K |
2025 Q4
3 quarters
|
|
139
Palantir
PLTR
$405B
| $2.68M | 0.04% |
14,307
-422
| -3% | -$67.3K |
2022 Q1
18 quarters
|
|
140
Mama's Creations
MAMA
$612M
| $2.64M | 0.04% |
205,123
+51,397
| +33% | +$847K |
2024 Q2
9 quarters
|
|
141
Oceaneering
OII
$3.54B
| $2.62M | 0.04% |
59,953
-7,349
| -11% | -$350K |
2025 Q3
4 quarters
|
|
142
Graham Corp
GHM
$979M
| $2.59M | 0.04% |
30,042
-1,118
| -4% | -$110K |
2025 Q1
6 quarters
|
|
143
VictoryShares International Free Cash Flow Growth ETF
GRIN
$325M
| $2.59M | 0.04% |
79,454
-5,974
| -7% | -$196K |
2025 Q3
4 quarters
|
|
144
iShares Core International Aggregate Bond Fund
IAGG
$13.1B
| $2.58M | 0.04% |
52,510
-1,423,532
| -96% | -$70.8M |
2026 Q1
2 quarters
|
|
145
Assurant
AIZ
$15.8B
| $2.56M | 0.04% |
9,708
-104
| -1% | -$29.1K |
2018 Q1
34 quarters
|
|
146
Williams Companies
WMB
$86.4B
| $2.46M | 0.04% |
36,210
-92,868
| -72% | -$6.76M |
2023 Q2
13 quarters
|
|
147
Tesla
TSLA
$1.54T
| $2.43M | 0.04% |
6,858
-689
| -9% | -$247K |
2020 Q1
26 quarters
|
|
148
State Street Technology Select Sector SPDR ETF
XLK
$113B
| $2.39M | 0.04% |
12,223
+9
| +0.1% | +$1.66K |
2020 Q3
24 quarters
|
|
149
Home Depot
HD
$348B
| $2.23M | 0.04% |
7,852
-9,848
| -56% | -$3.23M |
2014 Q3
48 quarters
|
|
150
St. Joe Company
JOE
$3.98B
| $2.2M | 0.04% |
33,457
+3,539
| +12% | +$229K |
2023 Q2
13 quarters
|
|
Similar funds
Annex Advisory Services's Q3 2026 Portfolio in Review
As of Q3 2026, Annex Advisory Services held 397 positions worth $6.11B, up 4.3% from $5.86B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Annex Advisory Services deployed $233M of net new capital in Q3 2026, opening 41 new positions and adding to 179 existing holdings. Its largest new stake was JPMorgan Core Plus Bond ETF: 5,008,101 shares worth $224M.
By sector, the portfolio is most concentrated in Miscellaneous at 59% of assets, down from 60% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was Victory Portfolios II VictoryShares Core Plus Bond ETF, an estimated $106M trimmed.
- Annex Advisory Services's largest Q3 2026 buy was JPMorgan Core Plus Bond ETF: 5,008,101 shares worth $224M.
- Annex Advisory Services added most to iShares Core US Aggregate Bond ETF in Q3 2026, an estimated $99.4M increase.
- Annex Advisory Services's biggest Q3 2026 reduction was Victory Portfolios II VictoryShares Core Plus Bond ETF, cutting an estimated $106M.
- Annex Advisory Services fully exited Brookfield Infrastructure in Q3 2026, selling an estimated $4.84M.
- Annex Advisory Services's ten largest holdings make up 38% of its $6.11B portfolio in Q3 2026.
- Annex Advisory Services opened 41 new positions and closed 20 in Q3 2026.
- Annex Advisory Services's portfolio value rose 4.3% quarter-over-quarter to $6.11B.
Based on Annex Advisory Services's 13F filing for Q3 2026, filed 16 Oct 2026.