Cypress Wealth Services, LLC — 13F Holdings & Portfolio
CIK 1721527 · latest 13F-HR filed 2026-07-13
Cypress Wealth Services, LLC manages $814.9M in 13F-reported U.S. long-equity assets across 436 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPYM (5.78%), AAPL (5.77%), IVV (5.51%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 38 new positions and exited 13; 210 existing positions rose in reported value and 88 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
$814.9M
Long-equity book
Holdings
436
Distinct positions
Period
2026-06-30
Filed 2026-07-13
Q/Q Activity
+38 / −13 / ↑210 / ↓88
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26SPYM5.8% · +50%AAPL5.8% · -1%IVV5.5% · +31%DYNF3.6% · +5%IVW2.5% · +3%CORO2.3% · +34%SCHZ1.9% · +12%IVE1.9% · -17%SPY1.6% · +4%BAI1.4% · -16%EFG1.3% · +47%MGK1.3% · +389%VOO1.2% · +0%GOOGL1.2% · -5%IUSB1.2% · +27%NVDA1.2% · 0%MSFT1.2% · -0%ESGU1.1% · -1%QUAL1.0% · -51%BLCR1.0% · +7%OEF1.0% · +7%AMZN1.0% · -2%VEA1.0% · +14%QQQ1.0% · +2%GOOG0.9% · -0%THRO0.9% · -29%VO0.9% · +297%VYM0.9% · -1%IEMG0.8% · -25%TSLA0.8% · +2%EFV0.8% · -56%VB0.8% · +0%JPM0.7% · -1%SPMO0.7% · -22%MBB0.7% · +8%GOVT0.7% · +7%BRK.B0.7% · -3%COST0.7% · -1%SPEM0.6% · -26%VIG0.6% · -4%BE0.6% · +5%AVGO0.6% · +2%VCIT0.6% · +2%IYW0.6% · -0%IALT0.5% · newMTUM0.5% · -18%PFF0.5% · -1%SHLD0.5% · +21%MAR0.4% · -0%IVLU0.4% · -4%HYG0.4% · +1%CAT0.4% · -1%META0.4% · +2%DFUV0.4% · -4%IDEF0.4% · +18%MUB0.4% · -6%DVY0.4% · -1%LLY0.4% · -1%CSCO0.4% · -0%MU0.3% · +3%
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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 32.3%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Feb 6, 2026.
Assets Under Management
$1.34B
Discretionary
$1.34B
Employees
21
Accounts
2,215
Address
74150 COUNTRY CLUB DRIVE
PALM DESERT, CA 92260
PALM DESERT, CA 92260
Phone
(760) 834-7250
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| BIESINGER, STEPHEN, ROSS Control | PARTNER & SENIOR FINANCIAL ADVISOR since Jun 2017 | Less than 5% | Individual |
| CYPRESS GROUP WEALTH ADVISORS, INC. Control | MANAGING MEMBER since Jun 2017 | 25–50% | Domestic Entity |
| KOVEN, MARC, EDELMAN Control | CHIEF COMPLIANCE OFFICER since Jun 2017 | Less than 5% | Individual |
| RISENMAY, CHRISTIAN, BRAD Control | PARTNER & SENIOR FINANCIAL ADVISOR since Jun 2017 | Less than 5% | Individual |
| RISENMAY, INC. Control | MANAGING MEMBER since Jun 2017 | 25–50% | Domestic Entity |
| SECOND GROWTH FINANCIAL Control | MANAGING MEMBER since Jul 2016 | 25–50% | Domestic Entity |
| THATCHER, DAVID, REEDER Control | PARTNER & SENIOR FINANCIAL ADVISOR since Jun 2017 | Less than 5% | Individual |
| BIESINGER, STEPHEN, ROSS Control Indirect owner via CYPRESS GROUP WEALTH ADVISORS, INC. | MANAGING MEMBER since Jul 2014 | 75% or more | Individual |
| RISENMAY, CHRISTIAN, BRAD Control Indirect owner via RISENMAY, INC. | MANAGING MEMBER since Jul 2014 | 75% or more | Individual |
| THATCHER, DAVID, REEDER Control Indirect owner via SECOND GROWTH FINANCIAL | MANAGING MEMBER since Jul 2014 | 75% or more | Individual |
Ownership & leadership changes · 6 filings with changes since Jun 17, 2017
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.
May 17, 2023 filing
- No longer listedCYPRESS GROUP INVESTMENTS, INC. · MANAGING MEMBER · 10–25% · control person · listed since Jun 2017
- No longer listedCYPRESS WEALTH MANAGEMENT, INC. · MANAGING MEMBER · 10–25% · control person · listed since Jun 2017
- No longer listedLAMM, SHATTUCK, FRANKLIN · MANAGING MEMBER · 75% or more · indirect via CYPRESS WEALTH MANAGEMENT, INC. · control person · listed since Jul 2014
- No longer listedTHATCHER, MARK, WILLIAM · MANAGING MEMBER · 75% or more · indirect via CYPRESS GROUP INVESTMENTS, INC. · control person · listed since Jul 2014
- ChangedCYPRESS GROUP WEALTH ADVISORS, INC. · ownership 10–25% → 25–50%
- ChangedRISENMAY, INC. · ownership 10–25% → 25–50%
- ChangedSECOND GROWTH FINANCIAL · ownership 10–25% → 25–50%
Dec 9, 2022 filing
- No longer listedLAMM, SHATTUCK, FRANKLIN · PARTNER · Less than 5% · control person · listed since Jun 2017
- No longer listedTHATCHER, MARK, WILLIAM · PARTNER · Less than 5% · listed since Jun 2017
Feb 1, 2022 filing
- ChangedLAMM, SHATTUCK, FRANKLIN · title PARTNER & SENIOR FINANCIAL ADVISOR → PARTNER
- ChangedTHATCHER, MARK, WILLIAM · no longer a control person
Feb 19, 2021 filing
- ChangedTHATCHER, MARK, WILLIAM · title PARTNER & SENIOR FINANCIAL ADVISOR → PARTNER
Jun 16, 2020 filing
- No longer listedLIBERTY INCORPORATED · MANAGING MEMBER · 10–25% · control person · listed since Jun 2017
- No longer listedPENNEY, CLARK, STEVEN · PARTNER & SENIOR FINANCIAL ADVISOR · Less than 5% · control person · listed since Jun 2017
- No longer listedPENNEY, CLARK, STEVEN · MANAGING MEMBER · 75% or more · indirect via LIBERTY INCORPORATED · control person · listed since May 2014
Jul 7, 2017 filing
- AddedBIESINGER, STEPHEN, ROSS · MANAGING MEMBER · 75% or more · indirect via CYPRESS GROUP WEALTH ADVISORS, INC. · control person
- AddedCYPRESS GROUP INVESTMENTS, INC. · MANAGING MEMBER · 10–25% · control person
- AddedCYPRESS GROUP WEALTH ADVISORS, INC. · MANAGING MEMBER · 10–25% · control person
- AddedCYPRESS WEALTH MANAGEMENT, INC. · MANAGING MEMBER · 10–25% · control person
- AddedLAMM, SHATTUCK, FRANKLIN · MANAGING MEMBER · 75% or more · indirect via CYPRESS WEALTH MANAGEMENT, INC. · control person
- AddedLIBERTY INCORPORATED · MANAGING MEMBER · 10–25% · control person
- AddedPENNEY, CLARK, STEVEN · PARTNER & SENIOR FINANCIAL ADVISOR · Less than 5% · control person
- AddedPENNEY, CLARK, STEVEN · MANAGING MEMBER · 75% or more · indirect via LIBERTY INCORPORATED · control person
- AddedRISENMAY, CHRISTIAN, BRAD · MANAGING MEMBER · 75% or more · indirect via RISENMAY, INC. · control person
- AddedRISENMAY, INC. · MANAGING MEMBER · 10–25% · control person
- AddedSECOND GROWTH FINANCIAL · MANAGING MEMBER · 10–25% · control person
- AddedTHATCHER, DAVID, REEDER · MANAGING MEMBER · 75% or more · indirect via SECOND GROWTH FINANCIAL · control person
- AddedTHATCHER, MARK, WILLIAM · MANAGING MEMBER · 75% or more · indirect via CYPRESS GROUP INVESTMENTS, INC. · control person
- ChangedBIESINGER, STEPHEN, ROSS · title MANAGING MEMBER, VICE PRESIDENT & FINANCIAL ADVISOR → PARTNER & SENIOR FINANCIAL ADVISOR; ownership 10–25% → Less than 5%
- ChangedLAMM, SHATTUCK, FRANKLIN · title MANAGING MEMBER, SENIOR VICE PRESIDENT & FINANCIAL ADVISOR → PARTNER & SENIOR FINANCIAL ADVISOR; ownership 10–25% → Less than 5%
- ChangedRISENMAY, CHRISTIAN, BRAD · title MANAGING MEMBER, VICE PRESIDENT & FINANCIAL ADVISOR → PARTNER & SENIOR FINANCIAL ADVISOR; ownership 10–25% → Less than 5%
- ChangedTHATCHER, DAVID, REEDER · title MANAGING MEMBER, VICE PRESIDENT & FINANCIAL ADVISOR → PARTNER & SENIOR FINANCIAL ADVISOR; ownership 10–25% → Less than 5%
- ChangedTHATCHER, MARK, WILLIAM · title MANAGING MEMBER, SENIOR VICE PRESIDENT & FINANCIAL ADVISOR → PARTNER & SENIOR FINANCIAL ADVISOR; ownership 10–25% → Less than 5%
Jun 17, 2017 filing (earliest on record)
- ListedBIESINGER, STEPHEN, ROSS · MANAGING MEMBER, VICE PRESIDENT & FINANCIAL ADVISOR · 10–25% · control person
- ListedKOVEN, MARC, EDELMAN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ListedLAMM, SHATTUCK, FRANKLIN · MANAGING MEMBER, SENIOR VICE PRESIDENT & FINANCIAL ADVISOR · 10–25% · control person
- ListedRISENMAY, CHRISTIAN, BRAD · MANAGING MEMBER, VICE PRESIDENT & FINANCIAL ADVISOR · 10–25% · control person
- ListedTHATCHER, DAVID, REEDER · MANAGING MEMBER, VICE PRESIDENT & FINANCIAL ADVISOR · 10–25% · control person
- ListedTHATCHER, MARK, WILLIAM · MANAGING MEMBER, SENIOR VICE PRESIDENT & FINANCIAL ADVISOR · 10–25% · 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.
Top Adds (vs prior quarter)
- SPDR SERIES TRUST$19.7M +71.9%
- ISHARES TR$15.0M +49.9%
- BLACKROCK ETF TRUST$6.4M +52.5%
- BLACKROCK ETF TRUST$5.5M +22.9%
- APPLE INC$5.3M +12.7%
Top Trims
- ISHARES TR-$8.1M -54.9%
- ISHARES TR-$6.6M -43.7%
- ISHARES TR-$1.8M -10.9%
- BLACKROCK ETF TRUST-$1.3M -15.0%
- BLACKROCK ETF TRUST II-$1.2M -40.5%
New Positions
- BLACKROCK ETF TRUST$4.5M
- BLACKROCK ETF TRUST II$1.6M
- FIRST TR EXCHNG TRADED FD VI$934.0K
- SCHWAB STRATEGIC TR$707.5K
- DIMENSIONAL ETF TRUST$704.7K
Exited Positions
- ISHARES TR$1.7M
- STARBUCKS CORP$637.4K
- HONEYWELL INTL INC$613.4K
- BALL CORP$389.9K
- ABBOTT LABORATORIES$294.4K
Cypress Wealth Services, 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 | SPDR SERIES TRUST | SPYM | 78464A854 | $47.1M | 5.78% | 535,606 | SH |
| 2 | APPLE INC | AAPL | 037833100 | $47.0M | 5.77% | 162,581 | SH |
| 3 | ISHARES TR | IVV | 464287200 | $44.9M | 5.51% | 59,992 | SH |
| 4 | BLACKROCK ETF TRUST | DYNF | 09290C103 | $29.3M | 3.59% | 430,577 | SH |
| 5 | ISHARES TR | IVW | 464287309 | $20.3M | 2.49% | 147,840 | SH |
| 6 | BLACKROCK ETF TRUST | CORO | 09290C764 | $18.7M | 2.29% | 510,139 | SH |
| 7 | SCHWAB STRATEGIC TR | SCHZ | 808524839 | $15.2M | 1.87% | 659,249 | SH |
| 8 | ISHARES TR | IVE | 464287408 | $15.1M | 1.86% | 66,607 | SH |
| 9 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $13.2M | 1.62% | 17,649 | SH |
| 10 | BLACKROCK ETF TRUST | BAI | 09290C780 | $11.8M | 1.44% | 223,091 | SH |
| 11 | ISHARES TR | EFG | 464288885 | $10.6M | 1.30% | 85,176 | SH |
| 12 | VANGUARD WORLD FD | MGK | 921910816 | $10.3M | 1.27% | 117,719 | SH |
| 13 | VANGUARD INDEX FDS | VOO | 922908363 | $10.2M | 1.25% | 14,794 | SH |
| 14 | ALPHABET INC | GOOGL | 02079K305 | $9.9M | 1.21% | 27,595 | SH |
| 15 | ISHARES TR | IUSB | 46434V613 | $9.8M | 1.20% | 212,533 | SH |
| 16 | NVIDIA CORPORATION | NVDA | 67066G104 | $9.8M | 1.20% | 48,975 | SH |
| 17 | MICROSOFT CORP | MSFT | 594918104 | $9.5M | 1.17% | 25,579 | SH |
| 18 | ISHARES TR | ESGU | 46435G425 | $9.2M | 1.13% | 56,035 | SH |
| 19 | ISHARES TR | QUAL | 46432F339 | $8.5M | 1.04% | 38,773 | SH |
| 20 | BLACKROCK ETF TRUST | BLCR | 09290C855 | $8.5M | 1.04% | 167,959 | SH |
| 21 | ISHARES TR | OEF | 464287101 | $8.5M | 1.04% | 23,100 | SH |
| 22 | AMAZON COM INC | AMZN | 023135106 | $8.2M | 1.00% | 34,351 | SH |
| 23 | VANGUARD TAX-MANAGED FDS | VEA | 921943858 | $8.1M | 1.00% | 114,099 | SH |
| 24 | INVESCO QQQ TR | QQQ | 46090E103 | $7.8M | 0.95% | 10,553 | SH |
| 25 | ALPHABET INC | GOOG | 02079K107 | $7.7M | 0.94% | 21,751 | SH |
| 26 | BLACKROCK ETF TRUST | THRO | 09290C806 | $7.5M | 0.92% | 174,175 | SH |
| 27 | VANGUARD INDEX FDS | VO | 922908629 | $7.2M | 0.89% | 89,687 | SH |
| 28 | VANGUARD WHITEHALL FDS | VYM | 921946406 | $7.1M | 0.87% | 44,777 | SH |
| 29 | ISHARES INC | IEMG | 46434G103 | $6.8M | 0.84% | 82,503 | SH |
| 30 | TESLA INC | TSLA | 88160R101 | $6.7M | 0.83% | 16,005 | SH |
| 31 | ISHARES TR | EFV | 464288877 | $6.7M | 0.82% | 87,184 | SH |
| 32 | VANGUARD INDEX FDS | VB | 922908751 | $6.6M | 0.81% | 21,838 | SH |
| 33 | JPMORGAN CHASE & CO | JPM | 46625H100 | $5.9M | 0.73% | 18,115 | SH |
| 34 | INVESCO EXCH TRADED FD TR II | SPMO | 46138E339 | $5.8M | 0.71% | 36,043 | SH |
| 35 | ISHARES TR | MBB | 464288588 | $5.8M | 0.71% | 61,414 | SH |
| 36 | ISHARES TR | GOVT | 46429B267 | $5.6M | 0.68% | 243,728 | SH |
| 37 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $5.5M | 0.67% | 10,983 | SH |
| 38 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $5.4M | 0.66% | 5,723 | SH |
| 39 | SPDR INDEX SHS FDS | SPEM | 78463X509 | $5.2M | 0.64% | 101,303 | SH |
| 40 | VANGUARD SPECIALIZED FUNDS | VIG | 921908844 | $5.1M | 0.62% | 21,472 | SH |
| 41 | BLOOM ENERGY CORP | BE | 093712107 | $5.0M | 0.61% | 16,544 | SH |
| 42 | BROADCOM INC | AVGO | 11135F101 | $4.9M | 0.60% | 12,989 | SH |
| 43 | VANGUARD SCOTTSDALE FDS | VCIT | 92206C870 | $4.6M | 0.57% | 56,220 | SH |
| 44 | ISHARES TR | IYW | 464287721 | $4.6M | 0.57% | 18,410 | SH |
| 45 | BLACKROCK ETF TRUST | IALT | 09290C665 | $4.5M | 0.55% | 158,734 | SH |
| 46 | ISHARES TR | MTUM | 46432F396 | $4.3M | 0.53% | 12,532 | SH |
| 47 | ISHARES TR | PFF | 464288687 | $4.3M | 0.53% | 140,409 | SH |
| 48 | GLOBAL X FDS | SHLD | 37960A529 | $4.2M | 0.52% | 70,822 | SH |
| 49 | MARRIOTT INTL INC NEW | MAR | 571903202 | $3.6M | 0.44% | 9,774 | SH |
| 50 | ISHARES TR | IVLU | 46435G409 | $3.6M | 0.44% | 85,628 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-13 | $814.9M | 436 | 0001721527-26-000004 |
| 2026-03-31 | 2026-04-15 | $708.3M | 397 | 0001721527-26-000003 |
| 2025-12-31 | 2026-01-14 | $722.7M | 389 | 0001721527-26-000002 |
Filer Information
Address
74150 COUNTRY CLUB DRIVEPALM DESERT, CA 92260
Phone
(760) 834-7250
Filing Manager
Cypress Wealth Services, LLC
PALM DESERT, CA
Signatory
Marc Koven
Chief Compliance Officer