Raymond James Financial Portfolio holdings
Raymond James Financial, founded in 1962 by Robert James and headquartered in St. Petersburg, Florida, is a diversified financial services firm managing over $1.5 trillion in client assets as of late 2024, primarily focused on wealth management, investment banking, and brokerage services. Known for its advisor-centric model, the firm supports over 8,900 financial advisors across the U.S., Canada, and the UK, offering personalized financial planning, retirement solutions, and investment products to individuals, small businesses, and institutions. Its investment banking arm specializes in middle-market mergers, acquisitions, and equity offerings, while its Raymond James Bank provides lending and deposit services. With a reputation for a conservative, client-first culture and steady growth—including a notable acquisition of TriState Capital in 2022—Raymond James stands out as a resilient, relationship-driven player in the financial industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$634M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$553M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$498M |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$382M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$369M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$186M |
| 2 |
Public Service Enterprise Group
PEG
|
+$175M |
| 3 |
iShares Expanded Tech Sector ETF
IGM
|
+$143M |
| 4 |
Meta Platforms (Facebook)
META
|
+$129M |
| 5 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$110M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.17% |
| 2 | Financials | 8.91% |
| 3 | Industrials | 6.61% |
| 4 | Healthcare | 6.54% |
| 5 | Consumer Discretionary | 5.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
First Trust Dorsey Wright Focus 5 ETF
FV
$3.77B
| $131M | 0.04% |
2,084,809
-171,243
| -8% | -$10.6M |
|
402
Vanguard Real Estate ETF
VNQ
$39.1B
| $131M | 0.04% |
1,478,811
+75,265
| +5% | +$6.76M |
|
403
Snap-on
SNA
$21.5B
| $131M | 0.04% |
379,428
-3,982
| -1% | -$1.36M |
|
404
Berkshire Hathaway Class A
BRK.A
$1.12T
| $131M | 0.04% |
173
-10
| -5% | -$7.46M |
|
405
NRG Energy
NRG
$24.8B
| $130M | 0.04% |
814,795
+39,567
| +5% | +$6.55M |
|
406
Tenet Healthcare
THC
$21.1B
| $129M | 0.04% |
649,239
-11,349
| -2% | -$2.29M |
|
407
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.58B
| $129M | 0.04% |
6,263,583
+535,091
| +9% | +$11M |
|
408
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $128M | 0.04% |
2,896,834
+174,165
| +6% | +$7.76M |
|
409
Delta Air Lines
DAL
$60.1B
| $128M | 0.04% |
1,849,009
-100,964
| -5% | -$6.31M |
|
410
KKR & Co
KKR
$92.3B
| $128M | 0.04% |
1,005,257
-54,226
| -5% | -$6.74M |
|
411
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.43B
| $128M | 0.04% |
1,320,879
-35,363
| -3% | -$3.48M |
|
412
Elevance Health
ELV
$85.5B
| $127M | 0.04% |
363,148
-2,378
| -0.7% | -$804K |
|
413
Howmet Aerospace
HWM
$112B
| $127M | 0.04% |
618,416
-1,095
| -0.2% | -$218K |
|
414
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $126M | 0.04% |
1,146,853
+80,672
| +8% | +$8.97M |
|
415
iShares Russell 2000 Growth ETF
IWO
$15B
| $126M | 0.04% |
389,572
+6,059
| +2% | +$1.97M |
|
416
TE Connectivity
TEL
$62.6B
| $126M | 0.04% |
552,882
-36,434
| -6% | -$8.43M |
|
417
MongoDB
MDB
$32.1B
| $125M | 0.04% |
298,404
-48,015
| -14% | -$17.5M |
|
|
418
Public Service Enterprise Group
PEG
$37.7B
| $125M | 0.04% |
1,551,642
-2,139,262
| -58% | -$175M |
|
419
Coherent
COHR
$74.2B
| $124M | 0.04% |
671,851
-45,755
| -6% | -$6.84M |
|
420
VanEck Gold Miners ETF
GDX
$27.4B
| $124M | 0.04% |
1,446,927
-69,606
| -5% | -$5.5M |
|
421
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $124M | 0.04% |
460,317
-9,658
| -2% | -$2.65M |
|
422
Vanguard International High Dividend Yield ETF
VYMI
$21.3B
| $124M | 0.04% |
1,376,242
+409,904
| +42% | +$35.6M |
|
423
Interactive Brokers
IBKR
$39.8B
| $123M | 0.04% |
1,919,301
-225,563
| -11% | -$15.1M |
|
424
Nasdaq
NDAQ
$52.9B
| $123M | 0.04% |
1,270,134
+37,858
| +3% | +$3.4M |
|
425
Shell
SHEL
$245B
| $123M | 0.04% |
1,677,736
+21,066
| +1% | +$1.55M |
|
Similar funds
Raymond James Financial's Q4 2025 Portfolio in Review
As of Q4 2025, Raymond James Financial held 5,365 positions worth $321B, up 3.3% from $311B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Raymond James Financial's Q4 2025 filing shows 376 new, 2,494 increased, 2,121 reduced and 209 closed positions. Its largest new stake was Qnity Electronics Inc: 957,948 shares worth $78.2M. The largest sale was iShares Core S&P Mid-Cap ETF, an estimated $186M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 17% a quarter earlier, followed by Financials and Industrials.
- Raymond James Financial's largest Q4 2025 buy was Qnity Electronics Inc: 957,948 shares worth $78.2M.
- Raymond James Financial added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $634M increase.
- Raymond James Financial's biggest Q4 2025 reduction was iShares Core S&P Mid-Cap ETF, cutting an estimated $186M.
- Raymond James Financial fully exited iShares iBonds Dec 2025 Term Corporate ETF in Q4 2025, selling an estimated $57.9M.
- Raymond James Financial's ten largest holdings make up 23% of its $321B portfolio in Q4 2025.
- Raymond James Financial opened 376 new positions and closed 209 in Q4 2025.
- Raymond James Financial's portfolio value rose 3.3% quarter-over-quarter to $321B.
Based on Raymond James Financial's 13F filing for Q4 2025, filed 18 Feb 2026.