MAI Capital Management — 13F Holdings & Portfolio
CIK 1040197 · latest 13F-HR filed 2026-05-15
MAI Capital Management manages $17.72B in 13F-reported U.S. long-equity assets across 5,019 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IVV (6.38%), AAPL (3.53%), SPY (3.52%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 799 new positions, exited 139, added to 2,258, and trimmed 920.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$17.72B
Long-equity book
5,019
Distinct positions
2026-03-31
Filed 2026-05-15
+799 / −139 / ↑2258 / ↓920
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- BLACKROCK ETF TRUST II$69.6M +36715.4%
- BERKSHIRE HATHAWAY INC DEL$45.8M +34.6%
- APPLE INC$35.6M +6.0%
- SPDR SERIES TRUST$34.6M +31.4%
- VANGUARD INDEX FDS$30.0M +22.2%
Top Trims
- MICROSOFT CORP-$81.2M -16.7%
- UNITEDHEALTH GROUP INC-$47.7M -74.2%
- ORACLE CORP-$27.4M -38.8%
- ALPHABET INC-$24.9M -9.5%
- BOOKING HOLDINGS INC-$24.4M -37.2%
New Positions
- ASTRAZENECA PLC$2.5M
- AB ACTIVE ETFS INC$1.1M
- COMPASS INC$1.0M
- INNOVATOR ETFS TRUST$922.8K
- NATURAL RESOURCE PARTNERS LP$873.1K
Exited Positions
- OLYMPIC STEEL INC$5.4M
- ASTRAZENECA PLC$1.9M
- CADENCE BANK$1.6M
- CYBERARK SOFTWARE LTD$1.1M
- MORGAN STANLEY DIRECT LENDIN$827.6K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | ISHARES TR | IVV | 464287200 | $1.13B | 6.38% | 1,729,838 | SH |
| 2 | APPLE INC | AAPL | 037833100 | $624.7M | 3.53% | 2,461,445 | SH |
| 3 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $624.2M | 3.52% | 959,838 | SH |
| 4 | MICROSOFT CORP | MSFT | 594918104 | $404.4M | 2.28% | 1,092,568 | SH |
| 5 | ISHARES TR | IJH | 464287507 | $370.2M | 2.09% | 5,482,046 | SH |
| 6 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $296.3M | 1.67% | 4,624,277 | SH |
| 7 | NVIDIA CORPORATION | NVDA | 67066G104 | $292.0M | 1.65% | 1,674,523 | SH |
| 8 | AMAZON COM INC | AMZN | 023135106 | $251.9M | 1.42% | 1,209,692 | SH |
| 9 | ISHARES TR | IJR | 464287804 | $244.9M | 1.38% | 1,969,682 | SH |
| 10 | ALPHABET INC | GOOGL | 02079K305 | $236.1M | 1.33% | 820,918 | SH |
| 11 | INVESCO QQQ TR | QQQ | 46090E103 | $235.4M | 1.33% | 407,780 | SH |
| 12 | ISHARES TR | IEFA | 46432F842 | $218.0M | 1.23% | 2,407,502 | SH |
| 13 | ISHARES TR | IVE | 464287408 | $212.8M | 1.20% | 1,007,806 | SH |
| 14 | VANGUARD SPECIALIZED FUNDS | VIG | 921908844 | $209.9M | 1.18% | 976,020 | SH |
| 15 | VANGUARD INTL EQUITY INDEX F | VWO | 922042858 | $204.4M | 1.15% | 3,781,532 | SH |
| 16 | BROADCOM INC | AVGO | 11135F101 | $187.7M | 1.06% | 606,488 | SH |
| 17 | ALPHABET INC | GOOG | 02079K107 | $184.8M | 1.04% | 644,115 | SH |
| 18 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $178.2M | 1.01% | 371,776 | SH |
| 19 | ISHARES TR | IWF | 464287614 | $167.6M | 0.95% | 393,112 | SH |
| 20 | VANGUARD INDEX FDS | VTI | 922908769 | $165.3M | 0.93% | 515,234 | SH |
| 21 | ISHARES INC | IEMG | 46434G103 | $164.5M | 0.93% | 2,359,105 | SH |
| 22 | STATE STR SPDR S&P MIDCAP 40 | MDY | 78467Y107 | $162.9M | 0.92% | 264,073 | SH |
| 23 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $147.6M | 0.83% | 769,321 | SH |
| 24 | SPDR SERIES TRUST | SDY | 78464A763 | $144.8M | 0.82% | 992,290 | SH |
| 25 | JPMORGAN CHASE & CO | JPM | 46625H100 | $138.6M | 0.78% | 471,211 | SH |
| 26 | JOHNSON & JOHNSON | JNJ | 478160104 | $134.2M | 0.76% | 548,990 | SH |
| 27 | ISHARES TR | SGOV | 46436E718 | $132.2M | 0.75% | 1,313,780 | SH |
| 28 | ISHARES TR | IWM | 464287655 | $126.2M | 0.71% | 508,759 | SH |
| 29 | ABBVIE INC | ABBV | 00287Y109 | $125.7M | 0.71% | 577,833 | SH |
| 30 | ISHARES TR | IVW | 464287309 | $125.3M | 0.71% | 1,107,688 | SH |
| 31 | VISA INC | V | 92826C839 | $113.8M | 0.64% | 376,528 | SH |
| 32 | VANGUARD SCOTTSDALE FDS | VGSH | 92206C102 | $110.4M | 0.62% | 1,885,493 | SH |
| 33 | VANGUARD SCOTTSDALE FDS | VCSH | 92206C409 | $109.7M | 0.62% | 1,384,362 | SH |
| 34 | META PLATFORMS INC | META | 30303M102 | $107.7M | 0.61% | 188,317 | SH |
| 35 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $106.2M | 0.60% | 106,578 | SH |
| 36 | RTX CORPORATION | RTX | 75513E101 | $105.0M | 0.59% | 544,270 | SH |
| 37 | VANGUARD INDEX FDS | VOO | 922908363 | $104.1M | 0.59% | 174,278 | SH |
| 38 | EXXON MOBIL CORP | XOM | 30231G102 | $95.0M | 0.54% | 559,821 | SH |
| 39 | ISHARES TR | IGSB | 464288646 | $90.5M | 0.51% | 1,722,256 | SH |
| 40 | ELI LILLY & CO | LLY | 532457108 | $88.4M | 0.50% | 96,089 | SH |
| 41 | SHERWIN WILLIAMS CO | SHW | 824348106 | $85.2M | 0.48% | 265,860 | SH |
| 42 | PROCTER & GAMBLE CO | PG | 742718109 | $84.4M | 0.48% | 584,532 | SH |
| 43 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $84.3M | 0.48% | 249,548 | SH |
| 44 | CISCO SYS INC | CSCO | 17275R102 | $80.1M | 0.45% | 1,032,689 | SH |
| 45 | WALMART INC | WMT | 931142103 | $77.8M | 0.44% | 626,029 | SH |
| 46 | ISHARES TR | IWD | 464287598 | $77.1M | 0.44% | 361,067 | SH |
| 47 | HOME DEPOT INC | HD | 437076102 | $73.9M | 0.42% | 224,576 | SH |
| 48 | ISHARES TR | IJK | 464287606 | $72.7M | 0.41% | 722,750 | SH |
| 49 | PGIM ETF TR | PULS | 69344A107 | $72.0M | 0.41% | 1,454,771 | SH |
| 50 | SCHWAB STRATEGIC TR | SCHD | 808524797 | $70.7M | 0.40% | 2,304,855 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $17.72B | 5,019 | 0001040197-26-000002 |
| 2025-12-31 | 2026-02-13 | $17.39B | 4,360 | 0001040197-26-000001 |
| 2025-09-30 | 2025-11-10 | $16.06B | 3,808 | 0001040197-25-000006 |