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Advocate Investing Services LLC — 13F Holdings & Portfolio

CIK 2110509 · latest 13F-HR filed 2026-07-29

Backtest portfolio

Advocate Investing Services LLC manages $129.8M in 13F-reported U.S. long-equity assets across 460 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GSY (10.05%), TCAF (8.94%), XLP (3.99%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 39 new positions and exited 27; 243 existing positions rose in reported value and 90 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
$129.8M

Long-equity book

Holdings
460

Distinct positions

Period
2026-06-30

Filed 2026-07-29

Q/Q Activity
+39 / −27 / ↑243 / ↓90

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
GSY10.1% · -4%TCAF8.9% · -0%XLP4.0% · +11%SPHD3.7% · +7%XME2.5% · -3%IXC2.4% · 0%XLK2.4% · -1%VYM2.3% · +48%VIG2.2% · -25%AAPL1.7% · +0%VGT1.6% · +824%EMXC1.6% · -3%XLF1.4% · -0%WMT1.4% · 0%XLE1.3% · -4%URI1.3% · +0%QQQ1.3% · -1%MSFT1.3% · +1%ICSH1.3% · +15%VV1.2% · 0%SPY1.1% · -11%NVDA1.0% · +1%FSLR1.0% · 0%RDVY1.0% · +38955%ILF0.9% · +0%MOO0.9% · 0%UNH0.8% · -1%KMB0.8% · +77%PG0.8% · +27%DE0.8% · 0%EUFN0.8% · 0%IFN0.8% · -13%VB0.8% · +0%META0.8% · -7%TJX0.7% · -4%IGV0.7% · -2%CLX0.7% · +21%KHC0.7% · +8%COST0.7% · 0%USA0.7% · +2%AMZN0.7% · +3%AZN0.7% · 0%CPB0.7% · +27%VTV0.7% · -5%USRT0.7% · 0%MO0.7% · +7%AMD0.6% · 0%FLNG0.6% · +1%XLV0.6% · 0%GAM0.6% · 0%VOT0.6% · 0%IVV0.6% · +9%INDA0.5% · +59%CMCSA0.5% · +20%VSS0.5% · 0%EFA0.5% · 0%GOOGL0.5% · +4%JNJ0.5% · 0%BAC0.5% · 0%EWZ0.4% · 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 = 40.1%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 11, 2026.

Assets Under Management
$186.6M
Discretionary
$180.7M
Employees
5
Accounts
385
Address
15949 FREDERICK ROAD
WOODBINE, MD 21797
Phone
(240) 403-0039
Website
Name Title / Status Ownership Type
GALLAGHER, JOSEPH, RAYMONDMANAGING MEMBER/CHIEF COMPLIANCE OFFICER
since Mar 2005
75% or moreIndividual

Quarter-over-quarter changes

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

Advocate Investing 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 INVESCO ACTIVELY MANAGED EXC GSY 46090A887 $13.0M 10.05% 260,150 SH
2 T ROWE PRICE EXCHANGE-TRADED TCAF 87283Q867 $11.6M 8.94% 282,278 SH
3 SELECT SECTOR SPDR TR XLP 81369Y308 $5.2M 3.99% 62,296 SH
4 INVESCO EXCH TRADED FD TR II SPHD 46138E362 $4.8M 3.71% 94,662 SH
5 SPDR SERIES TRUST XME 78464A755 $3.2M 2.49% 30,220 SH
6 ISHARES TR IXC 464287341 $3.1M 2.39% 63,195 SH
7 SELECT SECTOR SPDR TR XLK 81369Y803 $3.1M 2.36% 16,050 SH
8 VANGUARD WHITEHALL FDS VYM 921946406 $2.9M 2.27% 18,639 SH
9 VANGUARD SPECIALIZED FUNDS VIG 921908844 $2.8M 2.17% 11,917 SH
10 APPLE INC AAPL 037833100 $2.3M 1.75% 7,847 SH
11 VANGUARD WORLD FD VGT 92204A702 $2.1M 1.63% 17,694 SH
12 ISHARES INC EMXC 46434G764 $2.1M 1.62% 20,577 SH
13 SELECT SECTOR SPDR TR XLF 81369Y605 $1.9M 1.45% 35,000 SH
14 WALMART INC WMT 931142103 $1.8M 1.38% 15,768 SH
15 SELECT SECTOR SPDR TR XLE 81369Y506 $1.7M 1.35% 32,945 SH
16 UNITED RENTALS INC URI 911363109 $1.7M 1.34% 1,530 SH
17 INVESCO QQQ TR QQQ 46090E103 $1.7M 1.30% 2,293 SH
18 MICROSOFT CORP MSFT 594918104 $1.7M 1.30% 4,520 SH
19 ISHARES TR ICSH 46434V878 $1.6M 1.26% 32,412 SH
20 VANGUARD INDEX FDS VV 922908637 $1.6M 1.22% 4,600 SH
21 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $1.4M 1.07% 1,852 SH
22 NVIDIA CORPORATION NVDA 67066G104 $1.4M 1.04% 6,779 SH
23 FIRST SOLAR INC FSLR 336433107 $1.4M 1.04% 5,730 SH
24 FIRST TR EXCHANGE TRADED FD RDVY 33738R506 $1.3M 1.02% 16,403 SH
25 ISHARES TR ILF 464287390 $1.2M 0.95% 36,472 SH
26 VANECK ETF TRUST MOO 92189F700 $1.2M 0.93% 15,261 SH
27 UNITEDHEALTH GROUP INC UNH 91324P102 $1.1M 0.83% 2,589 SH
28 KIMBERLY-CLARK CORP KMB 494368103 $1.1M 0.82% 9,710 SH
29 PROCTER & GAMBLE CO PG 742718109 $1.1M 0.81% 7,187 SH
30 DEERE & CO DE 244199105 $1.0M 0.81% 1,650 SH
31 ISHARES TR EUFN 464289180 $1.0M 0.77% 25,740 SH
32 ABERDEEN INDIA FD INC IFN 454089103 $983.1K 0.76% 83,668 SH
33 VANGUARD INDEX FDS VB 922908751 $980.4K 0.76% 3,234 SH
34 META PLATFORMS INC META 30303M102 $973.0K 0.75% 1,727 SH
35 TJX COS INC NEW TJX 872540109 $940.2K 0.72% 6,206 SH
36 ISHARES TR IGV 464287515 $933.2K 0.72% 10,300 SH
37 CLOROX CO DEL CLX 189054109 $927.6K 0.71% 9,719 SH
38 KRAFT HEINZ CO KHC 500754106 $899.9K 0.69% 38,098 SH
39 COSTCO WHOLESALE CORPORATION COST 22160K105 $893.4K 0.69% 955 SH
40 LIBERTY ALL STAR EQUITY FD USA 530158104 $878.7K 0.68% 151,243 SH
41 AMAZON COM INC AMZN 023135106 $871.4K 0.67% 3,656 SH
42 ASTRAZENECA PLC AZN G0593M107 $862.8K 0.66% 4,550 SH
43 THE CAMPBELLS COMPANY CPB 134429109 $855.9K 0.66% 38,432 SH
44 VANGUARD INDEX FDS VTV 922908744 $853.7K 0.66% 3,917 SH
45 ISHARES TR USRT 464288521 $843.9K 0.65% 12,700 SH
46 ALTRIA GROUP INC MO 02209S103 $843.7K 0.65% 11,726 SH
47 ADVANCED MICRO DEVICES INC AMD 007903107 $813.3K 0.63% 1,400 SH
48 FLEX LNG LTD FLNG G35947202 $811.1K 0.62% 28,907 SH
49 SELECT SECTOR SPDR TR XLV 81369Y209 $799.6K 0.62% 5,040 SH
50 GENERAL AMERN INVS CO INC GAM 368802104 $782.1K 0.60% 12,269 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-29 $129.8M 460 0001420506-26-001324
2026-03-31 2026-04-22 $118.0M 448 0001420506-26-000708
2025-12-31 2026-02-12 $111.6M 450 0001420506-26-000331
Filer Information
Address
15949 FREDERICK ROAD
WOODBINE, MD 21797
Phone
(240) 403-0039
Filing Manager
Advocate Investing Services LLC
WOODBINE, MD
Signatory
Joseph Gallagher
Owner