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 | |
|---|---|---|---|---|---|---|
76
Invesco NASDAQ 100 ETF
QQQM
$102B
| $743M | 0.23% |
2,936,996
+313,262
| +12% | +$79.1M |
|
77
McDonald's
MCD
$195B
| $743M | 0.23% |
2,426,060
-64,330
| -3% | -$19.7M |
|
78
Philip Morris
PM
$295B
| $742M | 0.23% |
4,624,367
-132,068
| -3% | -$20.5M |
|
79
Air Products & Chemicals
APD
$67.6B
| $738M | 0.23% |
2,987,420
-87,724
| -3% | -$22.2M |
|
80
Merck
MRK
$318B
| $729M | 0.23% |
6,928,656
-78,797
| -1% | -$7.4M |
|
81
Advanced Micro Devices
AMD
$789B
| $727M | 0.23% |
3,394,647
+54,345
| +2% | +$12.2M |
|
82
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $709M | 0.22% |
3,700,072
-19,036
| -0.5% | -$3.61M |
|
83
Amplify CWP Enhanced Dividend Income ETF
DIVO
$7.81B
| $694M | 0.22% |
15,586,010
+772,345
| +5% | +$34.8M |
|
84
iShares Broad USD High Yield Corporate Bond ETF
USHY
$28.7B
| $686M | 0.21% |
18,341,550
+1,521,304
| +9% | +$57M |
|
85
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
| $679M | 0.21% |
5,768,478
+473,363
| +9% | +$54.5M |
|
86
Abbott
ABT
$187B
| $678M | 0.21% |
5,406,562
-129,616
| -2% | -$16.5M |
|
87
Realty Income
O
$59.1B
| $675M | 0.21% |
11,974,571
-212,372
| -2% | -$12.3M |
|
88
AT&T
T
$163B
| $654M | 0.2% |
26,353,459
-2,179,280
| -8% | -$55.2M |
|
89
Darden Restaurants
DRI
$24.4B
| $641M | 0.2% |
3,481,748
-24,335
| -0.7% | -$4.44M |
|
90
Palantir
PLTR
$413B
| $639M | 0.2% |
3,591,912
-26,743
| -0.7% | -$4.84M |
|
91
Trane Technologies
TT
$106B
| $621M | 0.19% |
1,594,845
-46,706
| -3% | -$19.3M |
|
92
Vanguard Information Technology ETF
VGT
$149B
| $602M | 0.19% |
6,392,720
+17,664
| +0.3% | +$1.68M |
|
93
Duke Energy
DUK
$97.3B
| $602M | 0.19% |
5,128,690
-188,867
| -4% | -$23.1M |
|
94
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $597M | 0.19% |
6,204,714
+29,690
| +0.5% | +$2.87M |
|
95
Qualcomm
QCOM
$176B
| $595M | 0.19% |
3,477,330
+26,109
| +0.8% | +$4.48M |
|
96
Vanguard Morningstar Small-Cap ETF
VB
$82.4B
| $594M | 0.19% |
2,304,605
+82,577
| +4% | +$21.2M |
|
97
Caterpillar
CAT
$387B
| $584M | 0.18% |
1,019,075
-3,837
| -0.4% | -$2.13M |
|
98
Vanguard Total Bond Market
BND
$158B
| $573M | 0.18% |
7,735,108
+865,224
| +13% | +$64.4M |
|
99
Allstate
ALL
$67.5B
| $571M | 0.18% |
2,744,349
+5,253
| +0.2% | +$1.08M |
|
100
GE Vernova
GEV
$264B
| $563M | 0.18% |
861,574
-72,698
| -8% | -$44.3M |
|
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.