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MAS Advisors LLC — 13F Holdings & Portfolio

CIK 1906683 · latest 13F-HR filed 2025-10-28

Backtest portfolio

MAS Advisors LLC manages $63.2M in 13F-reported U.S. long-equity assets across 67 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are IVV (8.11%), BND (6.34%), IEI (5.66%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 3 new positions and exited 4; 41 existing positions rose in reported value and 2 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
$63.2M

Long-equity book

Holdings
67

Distinct positions

Period
2025-09-30

Filed 2025-10-28

Q/Q Activity
+3 / −4 / ↑41 / ↓2

vs 2025-06-30

Portfolio charts

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

Portfolio map

Q3 25
IVV8.1% · -1%BND6.3% · -4%IEI5.7% · -21%SCHD5.7% · -1%SPMO5.0% · -1%VMBS4.9% · -3%XLK4.2% · 0%JEPI3.9% · +3%JPME3.7% · 0%VEA3.5% · 0%BINC3.0% · +7%IAU2.5% · -3%MSFT2.2% · +0%PDI1.9% · +25%VNQ1.8% · -1%SDY1.8% · +10%SPY1.7% · -2%DGRS1.6% · -1%AVGO1.5% · 0%IGRO1.3% · 0%DNP1.1% · +12%XYLD1.1% · +17%VO1.0% · +1%PM1.0% · +48%AAPL1.0% · 0%VB0.9% · -1%QYLD0.9% · +2%IBM0.8% · -0%COST0.8% · 0%IEFA0.8% · +6%RYLD0.7% · +12%VZ0.7% · +13%ARI0.7% · +11%VUG0.7% · -4%META0.7% · 0%GUT0.7% · +10%MPLX0.7% · +13%HTGC0.7% · +11%STWD0.7% · +13%PBR0.7% · +19%MMM0.7% · 0%OBDC0.7% · +14%PGP0.6% · +12%VOE0.6% · +2%NRP0.6% · +2%VBR0.6% · 0%VBK0.6% · -2%VWO0.6% · -2%VOT0.6% · 0%BSM0.6% · +4%EFC0.5% · +12%GOOG0.5% · +11%GSBD0.5% · +23%JPM0.5% · 0%DVN0.5% · +14%AMZN0.5% · +0%JMON0.5% · +3%GBDC0.4% · +13%NBIS0.4% · newMINT0.4% · -2%

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

Q2 25 → Q3 25

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

2 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 = 51%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 31, 2026.

Assets Under Management
$2.56B
Discretionary
$2.56B
Employees
13
Accounts
295
Address
2121 PONCE DE LEON BLVD
SUITE 1160
CORAL GABLES, FL 33134
Phone
(786) 364-3101
Website
Name Title / Status Ownership Type
CALDERON, RICARDO, RAMON ControlCHIEF COMPLIANCE OFFICER (01/2026), MANAGING MEMBER AND EXECUTIVE MANAGING DIRECTOR
since Dec 2013
Less than 5%Individual
FAGERHOLT, BRIDGET, EILEEN ControlSENIOR VICE PRESIDENT
since Jan 2023
Less than 5%Individual
Hastings, Lisa, Rae ControlDIRECTOR OF OPERATIONS
since Nov 2025
Less than 5%Individual
MAS SERVICES LLC ControlOWNER
since Dec 2022
75% or moreDomestic Entity
Rodriguez, Martin, Eduardo ControlCONTROLLER
since Dec 2025
Less than 5%Individual
Soler, Francisco, Jose ControlCHIEF INVESTMENT OFFICER, PRESIDENT
since Apr 2023
Less than 5%Individual
CALDERON, RICARDO, RAMON Control
Indirect owner via MAS SERVICES LLC
OWNER
since Jun 2016
75% or moreIndividual
Ownership & leadership changes · 11 filings with changes since Nov 6, 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.

Mar 27, 2026 filing
  • AddedHastings, Lisa, Rae · DIRECTOR OF OPERATIONS · Less than 5% · control person
  • AddedRodriguez, Martin, Eduardo · CONTROLLER · Less than 5% · control person
  • ChangedCALDERON, RICARDO, RAMON · title CHIEF COMPLIANCE OFFICER (01/2026), MANAGING MEMBER AND MANAGING DIRECTOR → CHIEF COMPLIANCE OFFICER (01/2026), MANAGING MEMBER AND EXECUTIVE MANAGING DIRECTOR
  • ChangedFAGERHOLT, BRIDGET, EILEEN · title DIRECTOR OF OPERATIONS, SENIOR VICE PRESIDENT → SENIOR VICE PRESIDENT
  • ChangedSoler, Francisco, Jose · title CHIEF INVESTMENT OFFICER, SVP → CHIEF INVESTMENT OFFICER, PRESIDENT
Jan 15, 2026 filing
  • No longer listedDiaz, Natalia, Stephanie · DIRECTOR OF ADMINISTRATION · Less than 5% · control person · listed since Jan 2023
  • ChangedCALDERON, RICARDO, RAMON · title MANAGING MEMBER AND MANAGING DIRECTOR → CHIEF COMPLIANCE OFFICER (01/2026), MANAGING MEMBER AND MANAGING DIRECTOR
  • ChangedFAGERHOLT, BRIDGET, EILEEN · title DIRECTOR OF OPERATIONS, CHIEF COMPLIANCE OFFICER (03/2024) → DIRECTOR OF OPERATIONS, SENIOR VICE PRESIDENT
Mar 25, 2024 filing
  • ChangedCALDERON, RICARDO, RAMON · title CHIEF COMPLIANCE OFFICER, MANAGING MEMBER AND MANAGING DIRECTOR → MANAGING MEMBER AND MANAGING DIRECTOR
  • ChangedFAGERHOLT, BRIDGET, EILEEN · title DIRECTOR OF OPERATIONS → DIRECTOR OF OPERATIONS, CHIEF COMPLIANCE OFFICER (03/2024)
Jan 5, 2024 filing
  • No longer listedBecerra, Robert · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Feb 2021
May 23, 2023 filing
  • AddedDiaz, Natalia, Stephanie · DIRECTOR OF ADMINISTRATION · Less than 5% · control person
  • AddedFAGERHOLT, BRIDGET, EILEEN · DIRECTOR OF OPERATIONS · Less than 5% · control person
  • AddedSoler, Francisco, Jose · CHIEF INVESTMENT OFFICER, SVP · Less than 5% · control person
  • ChangedCALDERON, RICARDO, RAMON · ownership 75% or more → Less than 5%
Mar 30, 2023 filing
  • AddedCALDERON, RICARDO, RAMON · OWNER · 75% or more · indirect via MAS SERVICES LLC · control person
  • AddedMAS SERVICES LLC · OWNER · 75% or more · control person
Jul 13, 2021 filing
  • No longer listedAUERBACH, CHARLES, NMN · MANAGING DIRECTOR - WEALTH STRATEGIES · Less than 5% · control person · listed since Jan 2020
Mar 30, 2021 filing
  • AddedAUERBACH, CHARLES, NMN · MANAGING DIRECTOR - WEALTH STRATEGIES · Less than 5% · control person
  • AddedBecerra, Robert · CHIEF OPERATING OFFICER · Less than 5% · control person
Apr 26, 2014 filing
  • No longer listedCAMERON, DONALD, DOYLE · MANAGING MEMBER AND MANAGING DIRECTOR · 50–75% · control person · listed since Dec 2013
  • ChangedCALDERON, RICARDO, RAMON · ownership 50–75% → 75% or more
Jan 10, 2014 filing
  • ChangedCALDERON, RICARDO, RAMON · title CHIEF COMPLIANCE OFFICER → CHIEF COMPLIANCE OFFICER, MANAGING MEMBER AND MANAGING DIRECTOR; ownership Less than 5% → 50–75%; now a control person
  • ChangedCAMERON, DONALD, DOYLE · title MANAGING MEMBER → MANAGING MEMBER AND MANAGING DIRECTOR
Older changes (2 more filings)
Mar 22, 2013 filing
  • ChangedCALDERON, RICARDO, RAMON · title CHIEF COMPLIANCE OFFICER AND MANAGING MEMBER → CHIEF COMPLIANCE OFFICER; ownership 50–75% → Less than 5%; no longer a control person
Nov 6, 2012 filing (earliest on record)
  • ListedCALDERON, RICARDO, RAMON · CHIEF COMPLIANCE OFFICER AND MANAGING MEMBER · 50–75% · control person
  • ListedCAMERON, DONALD, DOYLE · MANAGING MEMBER · 50–75% · 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 41 →

Top Trims

Show all 2 →

New Positions

Show all 3 →

Exited Positions

Show all 4 →

MAS Advisors LLC Holdings (2025-09-30)

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 ISHARES TR IVV 464287200 $5.1M 8.11% 7,656 SH
2 VANGUARD BD INDEX FDS BND 921937835 $4.0M 6.34% 53,894 SH
3 ISHARES TR IEI 464288661 $3.6M 5.66% 29,925 SH
4 SCHWAB STRATEGIC TR SCHD 808524797 $3.6M 5.66% 130,995 SH
5 INVESCO EXCH TRADED FD TR II SPMO 46138E339 $3.1M 4.95% 25,842 SH
6 VANGUARD SCOTTSDALE FDS VMBS 92206C771 $3.1M 4.90% 65,945 SH
7 SELECT SECTOR SPDR TR XLK 81369Y803 $2.6M 4.17% 9,356 SH
8 J P MORGAN EXCHANGE TRADED F JEPI 46641Q332 $2.5M 3.88% 42,972 SH
9 J P MORGAN EXCHANGE TRADED F JPME 46641Q886 $2.4M 3.75% 21,838 SH
10 VANGUARD TAX-MANAGED FDS VEA 921943858 $2.2M 3.53% 37,248 SH
11 BLACKROCK ETF TRUST II BINC 092528603 $1.9M 2.99% 35,510 SH
12 ISHARES GOLD TR IAU 464285204 $1.5M 2.45% 21,291 SH
13 MICROSOFT CORP MSFT 594918104 $1.4M 2.20% 2,687 SH
14 PIMCO DYNAMIC INCOME FD PDI 72201Y101 $1.2M 1.89% 60,456 SH
15 VANGUARD INDEX FDS VNQ 922908553 $1.1M 1.80% 12,429 SH
16 SPDR SERIES TRUST SDY 78464A763 $1.1M 1.78% 8,024 SH
17 SPDR S&P 500 ETF TR SPY 78462F103 $1.1M 1.73% 1,644 SH
18 WISDOMTREE TR DGRS 97717X651 $1.0M 1.62% 20,533 SH
19 BROADCOM INC AVGO 11135F101 $931.3K 1.47% 2,823 SH
20 ISHARES TR IGRO 46435G524 $805.9K 1.28% 10,115 SH
21 DNP SELECT INCOME FD INC DNP 23325P104 $696.2K 1.10% 69,554 SH
22 GLOBAL X FDS XYLD 37954Y475 $667.5K 1.06% 17,003 SH
23 VANGUARD INDEX FDS VO 922908629 $610.4K 0.97% 2,078 SH
24 PHILIP MORRIS INTL INC PM 718172109 $607.9K 0.96% 3,748 SH
25 APPLE INC AAPL 037833100 $600.7K 0.95% 2,359 SH
26 VANGUARD INDEX FDS VB 922908751 $598.5K 0.95% 2,354 SH
27 GLOBAL X FDS QYLD 37954Y483 $592.1K 0.94% 34,809 SH
28 INTERNATIONAL BUSINESS MACHS IBM 459200101 $490.7K 0.78% 1,739 SH
29 COSTCO WHSL CORP NEW COST 22160K105 $485.0K 0.77% 524 SH
30 ISHARES TR IEFA 46432F842 $477.2K 0.76% 5,466 SH
31 GLOBAL X FDS RYLD 37954Y459 $472.2K 0.75% 31,375 SH
32 VERIZON COMMUNICATIONS INC VZ 92343V104 $466.7K 0.74% 10,620 SH
33 APOLLO COML REAL EST FIN INC ARI 03762U105 $465.1K 0.74% 45,912 SH
34 VANGUARD INDEX FDS VUG 922908736 $462.4K 0.73% 964 SH
35 META PLATFORMS INC META 30303M102 $454.6K 0.72% 619 SH
36 GABELLI UTIL TR GUT 36240A101 $452.3K 0.72% 74,512 SH
37 MPLX LP MPLX 55336V100 $449.7K 0.71% 9,003 SH
38 HERCULES CAPITAL INC HTGC 427096508 $441.0K 0.70% 23,323 SH
39 STARWOOD PPTY TR INC STWD 85571B105 $440.9K 0.70% 22,761 SH
40 PETROLEO BRASILEIRO SA PETRO PBR 71654V408 $437.3K 0.69% 34,542 SH
41 3M CO MMM 88579Y101 $416.8K 0.66% 2,686 SH
42 BLUE OWL CAPITAL CORPORATION OBDC 69121K104 $412.0K 0.65% 32,264 SH
43 PIMCO GLOBAL STOCKSPLS INCM PGP 722011103 $410.1K 0.65% 47,967 SH
44 VANGUARD INDEX FDS VOE 922908512 $362.8K 0.57% 2,078 SH
45 NATURAL RESOURCE PARTNERS L NRP 63900P608 $362.1K 0.57% 3,449 SH
46 VANGUARD INDEX FDS VBR 922908611 $361.1K 0.57% 1,730 SH
47 VANGUARD INDEX FDS VBK 922908595 $360.1K 0.57% 1,210 SH
48 VANGUARD INTL EQUITY INDEX F VWO 922042858 $359.4K 0.57% 6,634 SH
49 VANGUARD INDEX FDS VOT 922908538 $359.3K 0.57% 1,223 SH
50 BLACK STONE MINERALS L P BSM 09225M101 $355.9K 0.56% 27,089 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-10-28 $63.2M 67 0001172661-25-004455
2025-06-30 2025-07-22 $61.1M 68 0001172661-25-002676