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Bell Investment Advisors, Inc — 13F Holdings & Portfolio

CIK 1890149 · latest 13F-HR filed 2026-08-07

Backtest portfolio

Bell Investment Advisors, Inc manages $680.8M in 13F-reported U.S. long-equity assets across 1,820 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FNDX (10.06%), GBIL (9.43%), VMBS (7.35%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 77 new positions and exited 117; 1,030 existing positions rose in reported value and 500 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.

Loading holdings…
AUM
$680.8M

Long-equity book

Holdings
1,820

Distinct positions

Period
2026-06-30

Filed 2026-08-07

Q/Q Activity
+77 / −117 / ↑1030 / ↓500

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
FNDX10.1% · +1%GBIL9.4% · -0%VMBS7.4% · +2%TDTT7.2% · +3%TLT6.0% · +10%FNDF5.1% · +2%MTUM3.9% · -12%SCHX3.7% · -4%VTV2.9% · -10%FNDA2.5% · -1%QUAL2.3% · -10%SCHF2.3% · +0%SPLV1.8% · +7%SCHD1.7% · +1%IEMG1.6% · -10%AAPL1.5% · -2%IQLT1.4% · -7%FNDE1.3% · +4%IJR1.3% · -1%SCHA1.2% · -4%FNDC1.2% · +4%GSSC1.1% · -8%IDLV0.9% · -9%AOR0.8% · -8%SCHC0.7% · +0%VTEC0.7% · +1%ISCF0.7% · -4%VIG0.6% · -2%GOOG0.6% · -2%VGLT0.6% · -44%NVDA0.6% · -1%GOOGL0.5% · +7%IVLU0.4% · -23%PG0.4% · +2%VOO0.4% · -0%PRF0.4% · -0%ESGV0.4% · +0%VV0.3% · +66%VSGX0.3% · -3%CMF0.3% · +6%USMV0.3% · -45%MSFT0.3% · -1%STIP0.3% · -37%SPY0.3% · -1%VSS0.3% · +0%VB0.3% · -2%PRFZ0.3% · -4%BND0.3% · +1%SCHE0.3% · -9%EFAV0.2% · +1%IBTQ0.2% · -45%RTX0.2% · +3%ESML0.2% · -4%AMZN0.2% · +0%CVX0.2% · +0%IBTP0.2% · newVEA0.2% · -1%ESGU0.2% · +7%SPYX0.2% · +3%XOM0.2% · +0%

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

3 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 = 58.1%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 25, 2026.

Assets Under Management
$2.18B
Discretionary
$2.18B
Employees
30
Accounts
14
Address
LEVEL 30, 101 COLLINS STREET
MELBOURNE 3000
Australia
Phone
613 8637 6000
Website
Name Title / Status Ownership Type
BELL ASSET MANAGEMENT HOLDINGS LIMITED ControlSHAREHOLDER
since Apr 2007
50–75%Foreign Entity
BELL, NED, JOSEPH ControlEXECUTIVE DIRECTOR/SHAREHOLDER
since Apr 2007
10–25%Individual
KELLY, TIMOTHY, JOHN ControlCHIEF COMPLIANCE OFFICER
since Oct 2024
Less than 5%Individual
LOVETT, MICHAEL, ASHLEY ControlCHIEF EXECUTIVE OFFICER
since Apr 2024
Less than 5%Individual
MARTUCCIO, ADRIANSHAREHOLDER
since Dec 2017
5–10%Individual
SULLIVAN, ROBERT, BRIANSHAREHOLDER
since Dec 2016
10–25%Individual
BELL GROUP HOLDINGS PTY LIMITED Control
Indirect owner via BELL ASSET MANAGEMENT HOLDINGS LIMITED
SHAREHOLDER
since Mar 1998
25–50%Foreign Entity
BELL, ANDREW, GEORGE Control
Indirect owner via BELL GROUP HOLDINGS PTY LIMITED
SHAREHOLDER
since Mar 1998
25–50%Individual
BELL, ESTATE OF COLIN, MORTON Control
Indirect owner via BELL GROUP HOLDINGS PTY LIMITED
SHAREHOLDER
since Mar 1998
25–50%Individual
BELL, LEWIS, MORTON Control
Indirect owner via BELL GROUP HOLDINGS PTY LIMITED
SHAREHOLDER
since Mar 1998
25–50%Individual
PROVAN, DAVID, ALASTAIR Control
Indirect owner via BELL GROUP HOLDINGS PTY LIMITED
SHAREHOLDER
since Mar 1998
25–50%Individual
Ownership & leadership changes · 5 filings with changes since Mar 22, 2012

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.

Oct 9, 2024 filing
  • No longer listedFELS, NICHOLAS, JAMES · CHIEF COMPLIANCE OFFICER/EXECUTIVE DIRECTOR/SHAREHOLDER · Less than 5% · control person · listed since Dec 2008
  • AddedKELLY, TIMOTHY, JOHN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • AddedLOVETT, MICHAEL, ASHLEY · CHIEF EXECUTIVE OFFICER · Less than 5% · control person
Mar 19, 2019 filing
  • No longer listedBELL ASSET MANAGEMENT HOLDINGS LIMITED · SHAREHOLDER · 50–75% · indirect via BELL ASSET MANAGEMENT LIMITED · control person · listed since Apr 2007
  • AddedBELL, ANDREW, GEORGE · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS PTY LIMITED · control person
  • AddedBELL, ESTATE OF COLIN, MORTON · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS PTY LIMITED · control person
  • AddedBELL, LEWIS, MORTON · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS PTY LIMITED · control person
  • AddedPROVAN, DAVID, ALASTAIR · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS PTY LIMITED · control person
Mar 19, 2018 filing
  • ChangedSULLIVAN, ROBERT, BRIAN · ownership 5–10% → 10–25%
Mar 28, 2017 filing
  • No longer listedBELL GROUP HOLDINGS LIMITED · SHAREHOLDER · 50–75% · indirect via BELL ASSET MANAGEMENT HOLDINGS LIMITED · control person · listed since Mar 1998
  • No longer listedBELL, ANDREW, GEORGE · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person · listed since Mar 1998
  • No longer listedBELL, COLIN, MORTON · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person · listed since Apr 2007
  • No longer listedBELL, LEWIS, MORTON · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person · listed since Mar 1998
  • No longer listedPROVAN, DAVID, ALASTAIR · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person · listed since Apr 2007
  • AddedBELL GROUP HOLDINGS PTY LIMITED · SHAREHOLDER · 25–50% · indirect via BELL ASSET MANAGEMENT HOLDINGS LIMITED · control person
  • AddedMARTUCCIO, ADRIAN · SHAREHOLDER · 5–10%
  • AddedSULLIVAN, ROBERT, BRIAN · SHAREHOLDER · 5–10%
  • ChangedBELL ASSET MANAGEMENT HOLDINGS LIMITED · ownership 75% or more → 50–75%
  • ChangedBELL, NED, JOSEPH · now a control person
Feb 29, 2016 filing
  • ChangedFELS, NICHOLAS, JAMES · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER/EXECUTIVE DIRECTOR/SHAREHOLDER
Mar 22, 2012 filing (earliest on record)
  • ListedBELL ASSET MANAGEMENT HOLDINGS LIMITED · SHAREHOLDER · 75% or more · control person
  • ListedBELL ASSET MANAGEMENT HOLDINGS LIMITED · SHAREHOLDER · 50–75% · indirect via BELL ASSET MANAGEMENT LIMITED · control person
  • ListedBELL GROUP HOLDINGS LIMITED · SHAREHOLDER · 50–75% · indirect via BELL ASSET MANAGEMENT HOLDINGS LIMITED · control person
  • ListedBELL, ANDREW, GEORGE · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person
  • ListedBELL, COLIN, MORTON · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person
  • ListedBELL, LEWIS, MORTON · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · control person
  • ListedBELL, NED, JOSEPH · EXECUTIVE DIRECTOR/SHAREHOLDER · 10–25%
  • ListedFELS, NICHOLAS, JAMES · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedPROVAN, DAVID, ALASTAIR · SHAREHOLDER · 25–50% · indirect via BELL GROUP HOLDINGS LIMITED · 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)

Show all 1030 →

Top Trims

Show all 500 →

New Positions

Show all 77 →

Exited Positions

Show all 117 →

Bell Investment Advisors, Inc 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 SCHWAB STRATEGIC TR FNDX 808524771 $68.5M 10.06% 2,202,691 SH
2 GOLDMAN SACHS ETF TR GBIL 381430529 $64.2M 9.43% 641,135 SH
3 VANGUARD SCOTTSDALE FDS VMBS 92206C771 $50.1M 7.35% 1,069,422 SH
4 FLEXSHARES TR TDTT 33939L506 $49.2M 7.22% 2,056,091 SH
5 ISHARES TR TLT 464287432 $40.5M 5.96% 469,199 SH
6 SCHWAB STRATEGIC TR FNDF 808524755 $34.6M 5.09% 656,318 SH
7 ISHARES TR MTUM 46432F396 $26.7M 3.92% 77,807 SH
8 SCHWAB STRATEGIC TR SCHX 808524201 $25.5M 3.75% 866,847 SH
9 VANGUARD INDEX FDS VTV 922908744 $19.4M 2.85% 89,061 SH
10 SCHWAB STRATEGIC TR FNDA 808524763 $16.8M 2.47% 442,641 SH
11 ISHARES TR QUAL 46432F339 $15.9M 2.34% 72,583 SH
12 SCHWAB STRATEGIC TR SCHF 808524805 $15.5M 2.27% 559,144 SH
13 INVESCO EXCH TRADED FD TR II SPLV 46138E354 $12.6M 1.84% 167,698 SH
14 SCHWAB STRATEGIC TR SCHD 808524797 $11.6M 1.70% 364,874 SH
15 ISHARES INC IEMG 46434G103 $11.0M 1.61% 132,373 SH
16 APPLE INC AAPL 037833100 $10.5M 1.55% 36,423 SH
17 ISHARES TR IQLT 46434V456 $9.4M 1.38% 190,136 SH
18 SCHWAB STRATEGIC TR FNDE 808524730 $8.8M 1.29% 220,717 SH
19 ISHARES TR IJR 464287804 $8.7M 1.27% 58,523 SH
20 SCHWAB STRATEGIC TR SCHA 808524607 $8.3M 1.22% 230,329 SH
21 SCHWAB STRATEGIC TR FNDC 808524748 $8.2M 1.21% 169,832 SH
22 GOLDMAN SACHS ETF TR GSSC 381430602 $7.2M 1.06% 78,778 SH
23 INVESCO EXCH TRADED FD TR II IDLV 46138E230 $6.4M 0.94% 184,744 SH
24 ISHARES TR AOR 464289867 $5.3M 0.78% 76,120 SH
25 SCHWAB STRATEGIC TR SCHC 808524888 $4.7M 0.70% 98,683 SH
26 VANGUARD CALIF TAX FREE FDS VTEC 922021605 $4.7M 0.69% 46,838 SH
27 ISHARES TR ISCF 46434V266 $4.5M 0.66% 104,448 SH
28 VANGUARD SPECIALIZED FUNDS VIG 921908844 $4.4M 0.65% 18,682 SH
29 ALPHABET INC GOOG 02079K107 $4.4M 0.64% 12,321 SH
30 VANGUARD SCOTTSDALE FDS VGLT 92206C847 $4.3M 0.63% 77,438 SH
31 NVIDIA CORPORATION NVDA 67066G104 $3.9M 0.57% 19,254 SH
32 ALPHABET INC GOOGL 02079K305 $3.7M 0.54% 10,307 SH
33 ISHARES TR IVLU 46435G409 $2.9M 0.42% 68,994 SH
34 PROCTER & GAMBLE CO PG 742718109 $2.8M 0.41% 19,156 SH
35 VANGUARD INDEX FDS VOO 922908363 $2.8M 0.41% 4,062 SH
36 INVESCO EXCHANGE TRADED FD T PRF 46137V613 $2.7M 0.39% 49,530 SH
37 VANGUARD WORLD FD ESGV 921910733 $2.6M 0.38% 19,609 SH
38 VANGUARD INDEX FDS VV 922908637 $2.2M 0.33% 6,458 SH
39 VANGUARD WORLD FD VSGX 921910725 $2.1M 0.31% 25,455 SH
40 ISHARES TR CMF 464288356 $2.1M 0.30% 35,953 SH
41 ISHARES TR USMV 46429B697 $2.0M 0.30% 21,245 SH
42 MICROSOFT CORP MSFT 594918104 $2.0M 0.30% 5,461 SH
43 ISHARES TR STIP 46429B747 $1.9M 0.29% 19,061 SH
44 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.9M 0.28% 2,513 SH
45 VANGUARD INTL EQUITY INDEX F VSS 922042718 $1.8M 0.27% 11,982 SH
46 VANGUARD INDEX FDS VB 922908751 $1.8M 0.26% 5,950 SH
47 INVESCO EXCHANGE TRADED FD T PRFZ 46137V597 $1.8M 0.26% 32,144 SH
48 VANGUARD BD INDEX FDS BND 921937835 $1.8M 0.26% 24,012 SH
49 SCHWAB STRATEGIC TR SCHE 808524706 $1.7M 0.25% 47,418 SH
50 ISHARES TR EFAV 46429B689 $1.6M 0.23% 18,115 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-07 $680.8M 1,820 0001890149-26-000003
2026-03-31 2026-04-17 $639.2M 1,860 0001890149-26-000002
2025-12-31 2026-02-24 $632.3M 1,802 0001890149-26-000001
Filer Information
Address
2 THEATRE SQUARE, SUITE 315
ORINDA, CA 94563
Phone
(510) 433-1066
Filing Manager
Bell Investment Advisors, Inc
ORINDA, CA
Signatory
Brian Baylis
Chief Compliance Officer