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Arete Wealth Advisors, LLC — 13F Holdings & Portfolio

CIK 1600151 · latest 13F-HR filed 2026-08-13

Backtest portfolio

Arete Wealth Advisors, LLC manages $1.51B in 13F-reported U.S. long-equity assets across 334 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are AAPL (3.54%), RSP (3.33%), BINC (3.10%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 55 new positions and exited 42; 151 existing positions rose in reported value and 64 fell.

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.

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AUM
$1.51B

Long-equity book

Holdings
334

Distinct positions

Period
2026-06-30

Filed 2026-08-13

Q/Q Activity
+55 / −42 / ↑151 / ↓64

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
AAPL3.5% · +22%RSP3.3% · +17%BINC3.1% · +2%DIS2.9% · +0%NVDA2.7% · +4%FBND2.5% · +6%PVAL2.3% · -4%SPAB2.3% · 0%SPYM2.3% · +11%VUG2.1% · +521%EFV1.5% · -3%AMZN1.5% · +8%MSFT1.4% · +17%GOOGL1.4% · +22%BIL1.2% · +53%JNJ1.2% · -12%PULS1.2% · -4%QQQ1.1% · +31%SPTM1.0% · +0%IWD1.0% · +29%AVGO1.0% · +9%RXT0.9% · +870%GLD0.9% · -27%SPY0.9% · -39%IWF0.9% · +299%GOOG0.8% · +41%VOO0.8% · +0%TSM0.8% · +81%BOXX0.8% · -19%VEA0.7% · +0%JPM0.7% · +10%AMAT0.7% · newTSLA0.7% · +7%XOM0.7% · +1%IVV0.7% · +9%VXF0.7% · -1%RTX0.7% · +4%META0.7% · +10%IWM0.7% · +11%SPDW0.6% · -0%QQQM0.6% · +43%SHV0.6% · -5%MCD0.6% · +0%BRK.B0.6% · +41%IBM0.6% · +0%AKRE0.6% · +1%SPYG0.6% · -1%FLTR0.6% · +0%NFJ0.5% · -1%ABBV0.5% · +3%AVEM0.5% · +64%WMT0.5% · -3%ZECP0.5% · +58%V0.5% · -3%EFG0.5% · -0%SPSM0.5% · +322%CEFS0.5% · +2%SPMD0.5% · +264%VTI0.4% · -3%LRCX0.4% · +16%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 27%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Aug 17, 2026.

Assets Under Management
$2.75B
Discretionary
$2.75B
Employees
135
Accounts
5,424
Address
1115 W FULTON MARKET
3RD FLOOR
CHICAGO, IL 60607
Phone
(312) 940-3684
Website
This firm reports 3 disclosure items on its registration.
Name Title / Status Ownership Type
ARETE WEALTH INC. ControlMANAGING MEMBER
since Jul 2007
75% or moreDomestic Entity
LEVINE, DAVID, CHARLES ControlCEO
since Jan 2026
Less than 5%Individual
Cucharale, CatherineCHIEF COMPLIANCE OFFICER
since Aug 2026
Less than 5%Individual
ARETE WEALTH INC.
Indirect owner via ARETE WEALTH INC.
MANAGING MEMBER
since Nov 2007
75% or moreDomestic Entity
HOCK, DAVID, CARL
Indirect owner via OLD GROWTH CAPITAL, LLC
MANAGING MEMBER
since Nov 2008
25–50%Individual
JDROGERS & COMPANY, LLC
Indirect owner via OLD GROWTH CAPITAL, LLC
MEMBER
since Nov 2008
25–50%Domestic Entity
ROGERS, JOSHUA, DEAN
Indirect owner via JD ROGERS & COMPANY, LLC
MEMBER
since Nov 2008
25–50%Individual
ROGERS, JOSHUA, DEAN
Indirect owner via OLD GROWTH CAPITAL, LLC
MANAGING MEMBER
since Nov 2007
25–50%Individual
Ownership & leadership changes · 12 filings with changes since Nov 28, 2011

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Aug 17, 2026 filing
  • No longer listedLindh, Kathleen, Marie · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since May 2026
  • AddedCucharale, Catherine · CHIEF COMPLIANCE OFFICER · Less than 5%
Jun 4, 2026 filing
  • No longer listedALMANZA, PATTI, SUE · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Jan 2026
  • AddedLindh, Kathleen, Marie · CHIEF COMPLIANCE OFFICER · Less than 5%
Feb 6, 2026 filing
  • No longer listedCHUNG, UNBO · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Jan 2014
  • No longer listedHOCK, DAVID, CARL · CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Oct 2008
  • No longer listedROGERS, JOSHUA, DEAN · PRESIDENT · 25–50% · control person · listed since Nov 2007
  • AddedALMANZA, PATTI, SUE · CHIEF COMPLIANCE OFFICER · Less than 5%
  • AddedLEVINE, DAVID, CHARLES · CEO · Less than 5% · control person
Nov 15, 2023 filing
  • No longer listedSCOBY, CORRIE, FAULK DAVIS · SENIOR DIRECTOR, COMPLIANCE · Less than 5% · listed since Jan 2020
Mar 31, 2023 filing
  • AddedHOCK, DAVID, CARL · CHIEF FINANCIAL OFFICER · Less than 5% · control person
Apr 21, 2022 filing
  • AddedSCOBY, CORRIE, FAULK DAVIS · SENIOR DIRECTOR, COMPLIANCE · Less than 5%
Mar 31, 2021 filing
  • No longer listedOLD GROWTH CAPITAL, LLC · MANAGING MEMBER · 75% or more · control person · listed since Jul 2007
  • No longer listedOLD GROWTH CAPITAL, LLC · MANAGING MEMBER · 75% or more · indirect via ARETE WEALTH MANAGEMENT, LLC · listed since Nov 2007
  • AddedARETE WEALTH INC. · MANAGING MEMBER · 75% or more · control person
  • AddedARETE WEALTH INC. · MANAGING MEMBER · 75% or more · indirect via ARETE WEALTH INC.
Jun 15, 2020 filing
  • No longer listedGREENE, JERRY, LEE · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC · listed since Nov 2008
Mar 6, 2020 filing
  • No longer listedGREER, JONATHAN, KRAMER · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC · listed since Nov 2008
Mar 31, 2014 filing
  • No longer listedOLD GROWTH CAPITAL, LLC · MANAGING MEMBER · 75% or more · indirect via ARETE WEALTH MANAGEMENT ADVISORS, LLC · listed since Nov 2007
  • AddedOLD GROWTH CAPITAL, LLC · MANAGING MEMBER · 75% or more · indirect via ARETE WEALTH MANAGEMENT, LLC
Older changes (3 more filings)
Jan 3, 2014 filing
  • No longer listedCOOK, JOSEPH, ANDREW · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Dec 2008
  • AddedCHUNG, UNBO · CHIEF COMPLIANCE OFFICER · Less than 5%
Feb 5, 2013 filing
  • No longer listedDUENSING, THOMAS, RICHARD · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC · listed since Nov 2008
Nov 28, 2011 filing (earliest on record)
  • ListedCOOK, JOSEPH, ANDREW · CHIEF COMPLIANCE OFFICER · Less than 5%
  • ListedDUENSING, THOMAS, RICHARD · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC
  • ListedGREENE, JERRY, LEE · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC
  • ListedGREER, JONATHAN, KRAMER · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC
  • ListedHOCK, DAVID, CARL · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC
  • ListedJDROGERS & COMPANY, LLC · MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC
  • ListedOLD GROWTH CAPITAL, LLC · MANAGING MEMBER · 75% or more · control person
  • ListedOLD GROWTH CAPITAL, LLC · MANAGING MEMBER · 75% or more · indirect via ARETE WEALTH MANAGEMENT ADVISORS, LLC
  • ListedROGERS, JOSHUA, DEAN · MEMBER · 25–50% · indirect via JD ROGERS & COMPANY, LLC
  • ListedROGERS, JOSHUA, DEAN · MANAGING MEMBER · 25–50% · indirect via OLD GROWTH CAPITAL, LLC
  • ListedROGERS, JOSHUA, DEAN · PRESIDENT · 25–50% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Arete Wealth Advisors, LLC Holdings (2026-06-30)

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 APPLE INC AAPL 037833100 $53.6M 3.54% 185,325 SH
2 INVESCO EXCHANGE TRADED FD RSP 46137V357 $50.3M 3.33% 236,578 SH
3 BLACKROCK ETF TRUST II BINC 092528603 $46.9M 3.10% 896,622 SH
4 DISNEY WALT CO DIS 254687106 $44.2M 2.92% 458,881 SH
5 NVIDIA CORPORATION NVDA 67066G104 $40.8M 2.70% 203,959 SH
6 FIDELITY MERRIMACK STR TR FBND 316188309 $37.9M 2.50% 832,624 SH
7 PUTNAM ETF TRUST PVAL 746729300 $34.4M 2.28% 676,109 SH
8 SPDR SERIES TRUST SPAB 78464A649 $34.4M 2.27% 1,347,217 SH
9 SPDR SERIES TRUST SPYM 78464A854 $34.4M 2.27% 391,035 SH
10 VANGUARD INDEX FDS VUG 922908736 $31.2M 2.06% 361,436 SH
11 ISHARES TR EFV 464288877 $23.4M 1.55% 305,937 SH
12 AMAZON COM INC AMZN 023135106 $22.3M 1.48% 93,627 SH
13 MICROSOFT CORP MSFT 594918104 $20.9M 1.38% 56,135 SH
14 ALPHABET INC GOOGL 02079K305 $20.6M 1.36% 57,726 SH
15 SPDR SERIES TRUST BIL 78468R663 $18.5M 1.22% 202,013 SH
16 JOHNSON & JOHNSON JNJ 478160104 $18.0M 1.19% 70,887 SH
17 PGIM ETF TR PULS 69344A107 $17.9M 1.18% 361,480 SH
18 INVESCO QQQ TR QQQ 46090E103 $16.3M 1.08% 22,166 SH
19 SPDR SERIES TRUST SPTM 78464A805 $15.6M 1.03% 171,960 SH
20 ISHARES TR IWD 464287598 $14.9M 0.98% 61,285 SH
21 BROADCOM INC AVGO 11135F101 $14.7M 0.97% 39,024 SH
22 RACKSPACE TECHNOLOGY INC RXT 750102105 $14.2M 0.94% 2,173,359 SH
23 SPDR GOLD TR GLD 78463V107 $14.0M 0.93% 38,126 SH
24 STATE STR SPDR S&P 500 ETF SPY 78462F103 $13.4M 0.89% 17,951 SH
25 ISHARES TR IWF 464287614 $13.2M 0.87% 106,547 SH
26 ALPHABET INC GOOG 02079K107 $12.6M 0.83% 35,705 SH
27 VANGUARD INDEX FDS VOO 922908363 $11.7M 0.78% 17,102 SH
28 TAIWAN SEMICONDUCTOR MANUFA TSM 874039100 $11.6M 0.77% 24,238 SH
29 EA SERIES TRUST BOXX 02072L565 $11.5M 0.76% 98,406 SH
30 VANGUARD TAX-MANAGED FDS VEA 921943858 $11.2M 0.74% 157,066 SH
31 JPMORGAN CHASE & CO JPM 46625H100 $11.1M 0.74% 34,011 SH
32 APPLIED MATLS INC AMAT 038222105 $10.7M 0.71% 14,831 SH
33 TESLA INC TSLA 88160R101 $10.6M 0.70% 25,318 SH
34 EXXON MOBIL CORP XOM 30231G102 $10.5M 0.70% 77,013 SH
35 ISHARES TR IVV 464287200 $10.4M 0.69% 13,835 SH
36 VANGUARD INDEX FDS VXF 922908652 $10.3M 0.68% 41,724 SH
37 RTX CORPORATION RTX 75513E101 $10.0M 0.66% 52,926 SH
38 META PLATFORMS INC META 30303M102 $10.0M 0.66% 17,687 SH
39 ISHARES TR IWM 464287655 $9.9M 0.66% 33,099 SH
40 SPDR INDEX SHS FDS SPDW 78463X889 $9.8M 0.65% 193,973 SH
41 INVESCO EXCH TRADED FD TR I QQQM 46138G649 $9.6M 0.63% 31,588 SH
42 ISHARES TR SHV 464288679 $9.5M 0.62% 85,670 SH
43 MCDONALDS CORP MCD 580135101 $8.9M 0.59% 32,986 SH
44 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $8.9M 0.59% 17,746 SH
45 INTERNATIONAL BUSINESS MACH IBM 459200101 $8.8M 0.58% 31,320 SH
46 PROFESIONALLY MANAGED PORTF AKRE 74316P579 $8.8M 0.58% 164,821 SH
47 SPDR SERIES TRUST SPYG 78464A409 $8.5M 0.56% 71,073 SH
48 VANECK ETF TRUST FLTR 92189F486 $8.3M 0.55% 325,376 SH
49 VIRTUS DIVIDEND INTEREST & NFJ 92840R101 $8.0M 0.53% 528,076 SH
50 ABBVIE INC ABBV 00287Y109 $8.0M 0.53% 31,600 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-11 $3.05B 511 0001600151-26-000007
2026-06-30 2026-08-13 $1.51B 334 0001600151-26-000009
2026-03-31 2026-05-20 $1.33B 321 0001600151-26-000005
2026-03-31 2026-05-18 $1.34B 329 0001600151-26-000004
2025-12-31 2026-02-13 $1.64B 765 0001600151-26-000001
2025-12-31 2026-08-11 $1.44B 361 0001600151-26-000008
2025-09-30 2025-11-12 $1.60B 769 0001600151-25-000005
Filer Information
Address
1115 W FULTON MARKET
3RD FLOOR
CHICAGO, IL 60607
Phone
(312) 940-3684
Filing Manager
Arete Wealth Advisors, LLC
CHICAGO, IL
Signatory
Jennifer Nelson
SVP, Finance & Commissions