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Livermore
Livermore
ZHEN

Arete Wealth Advisors, LLC

SEC CIK
0001600151
Latest filing
Aug 12, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 22, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
655
+22 vs. Q4 2022
Portfolio value
$1.22B
+$94.8M (+8.4%) vs. Q4 2022
Filed
May 22, 2023
AmendedSEC
Holdings of Arete Wealth Advisors, LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT548,796$79.4M6.5%−83,682−13.2%Reduced–
ABBVAbbVie Inc.Stock367,042$58.5M4.8%+14,326+4.1%AddedHistory
Vanguard Dividend Appreciation ETF921908844ETF255,619$39.4M3.2%+20,832+8.9%Added–
AAPLApple Inc.Stock211,110$34.8M2.9%−3,290−1.5%ReducedHistory
ABTAbbott LaboratoriesStock255,922$25.9M2.1%+3,331+1.3%AddedHistory
SPYSPDR S&P 500 ETF TrustETF60,011$24.6M2.0%+690+1.2%AddedHistory
iShares Tr4642874407-10 YR TRSY BD241,660$24.0M2.0%−22,337−8.5%Reduced–
Vanguard S&P 500 ETF922908363ETF61,031$23.0M1.9%−2,594−4.1%Reduced–
FSKFS KKR Capital CorpCOM988,932$18.3M1.5%+41,439+4.4%AddedHistory
Invesco S&P 500 Equal Weight Technology ETF46137V282ETF200,421$18.2M1.5%−16,645−7.7%Reduced–
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM331,620$18.1M1.5%+167,890+102.5%Added–
DISWalt Disney CoStock154,614$15.5M1.3%+2,111+1.4%AddedHistory
MSFTMicrosoft CorpStock52,308$15.1M1.2%+1,828+3.6%AddedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF67,747$13.8M1.1%−5,133−7.0%Reduced–
iShares Core U.S. Aggregate Bond ETF464287226ETF138,768$13.8M1.1%+7,040+5.3%Added–
BIPCBrookfield Infrastructure CorpCOM SB VTG SHS A2,361,543$13.3M1.1%+11,006+0.5%AddedHistory
AMZNAmazon Com IncStock121,511$12.6M1.0%+8,202+7.2%AddedHistory
PUKPrudential PLCADR248,560$12.3M1.0%+55,770+28.9%AddedHistory
iShares Tr464288877EAFE VALUE ETF241,738$11.7M1.0%+5,501+2.3%Added–
Vanguard Morningstar Growth ETF922908736ETF46,916$11.7M1.0%+2,493+5.6%Added–
Invesco QQQ Trust Series I46090E103ETF36,246$11.6M1.0%+10,614+41.4%Added–
BRK.BBerkshire Hathaway IncStock34,131$10.5M0.9%−1,445−4.1%ReducedHistory
MCDMcDonalds CorpStock33,831$9.46M0.8%−134−0.4%ReducedHistory
iShares Core S&P 500 ETF464287200ETF22,944$9.43M0.8%−1,267−5.2%Reduced–
SPDR Series Trust78464A805ST STR PR SP1500175,394$8.85M0.7%−63,147−26.5%Reduced–
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF84,200$7.73M0.6%+84,200New–
XOMExxonMobil Holdings CorpCOM68,154$7.47M0.6%+1,051+1.6%AddedHistory
Vanguard High Dividend Yield Index ETF921946406ETF69,986$7.38M0.6%−11,902−14.5%Reduced–
Vanguard Ftse Developed Markets ETF921943858ETF161,985$7.32M0.6%+21,475+15.3%Added–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF191,842$7.25M0.6%+17,509+10.0%Added–
NVDANVIDIA CorpStock26,062$7.24M0.6%+2,009+8.4%AddedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 121,705$7.22M0.6%−318−1.4%ReducedHistory
FTHYFirst Trust High Yield Opportunities 2027 Term FundCOM515,328$7.19M0.6%+104,240+25.4%AddedHistory
TCBKTrico BancsharesCOM169,033$7.03M0.6%+169,033NewHistory
T Rowe Price Exchange-Traded87283Q107PRICE BLUE CHIP289,314$6.94M0.6%+289,314New–
iShares Core S&P Mid-Cap ETF464287507ETF26,747$6.69M0.5%+3,680+16.0%Added–
GOOGLAlphabet Inc.Stock64,234$6.66M0.5%+3,943+6.5%AddedHistory
GLDSPDR Gold TrustETF35,886$6.58M0.5%+803+2.3%AddedHistory
HDHome Depot, Inc.Stock22,256$6.57M0.5%+1,383+6.6%AddedHistory
EVVEaton Vance Ltd Duration Income FundCOM652,892$6.43M0.5%+4,002+0.6%AddedHistory
ProShares Tr74347B425SHORT S&P 500 NE412,964$6.19M0.5%+412,964New–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF182,155$5.85M0.5%+182,155New–
iShares Core S&P Small Cap ETF464287804ETF60,499$5.85M0.5%+8,246+15.8%Added–
NFJVirtus Dividend, Interest & Premium Strategy FundCOM493,902$5.81M0.5%+66,170+15.5%AddedHistory
VVisa Inc.Stock25,665$5.79M0.5%+1,379+5.7%AddedHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF118,156$5.69M0.5%+118,156New–
ARIApollo Commercial Real Estate Finance, Inc.COM594,804$5.54M0.5%+45,554+8.3%AddedHistory
JNJJohnson & JohnsonStock34,393$5.33M0.4%+1,466+4.5%AddedHistory
MFICMidCap Financial Investment CorpCOM NEW454,710$5.18M0.4%+15,340+3.5%AddedHistory
ACNAccenture plcStock17,951$5.13M0.4%−413−2.2%ReducedHistory
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF198,217$5.11M0.4%+65,910+49.8%Added–
ACREAres Commercial Real Estate CorpCOM558,035$5.07M0.4%+558,035NewHistory
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF45,604$5.04M0.4%+8,393+22.6%Added–
JPMJPMorgan Chase & CoStock38,202$4.98M0.4%+364+1.0%AddedHistory
CVXChevron CorpStock30,195$4.93M0.4%+2,751+10.0%AddedHistory
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375ETF142,942$4.64M0.4%+11,911+9.1%Added–
MRKMerck & Co., Inc.Stock43,263$4.60M0.4%−677−1.5%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF113,528$4.59M0.4%+22,330+24.5%Added–
WMTWalmart Inc.Stock30,800$4.54M0.4%+1,906+6.6%AddedHistory
TSLATesla, Inc.Stock21,837$4.53M0.4%+2,819+14.8%AddedHistory
VanEck ETF Trust92189F486IG FLOA RATE ETF172,957$4.32M0.4%+17,503+11.3%Added–
BCSFBain Capital Specialty Finance, Inc.COM STK360,373$4.30M0.4%+6,674+1.9%AddedHistory
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF103,995$4.24M0.3%+9,976+10.6%Added–
PGProcter & Gamble CoStock28,305$4.21M0.3%−333−1.2%ReducedHistory
TYGTortoise Energy Infrastructure CorpCOM138,541$4.07M0.3%−10,475−7.0%ReducedHistory
COSTCostco Wholesale CorpStock8,144$4.05M0.3%+230+2.9%AddedHistory
GOOGAlphabet Inc.Stock38,820$4.04M0.3%+938+2.5%AddedHistory
NEANuveen AMT-Free Quality Municipal Income FundCOM361,113$4.02M0.3%+361,113NewHistory
iShares Russell 1000 Growth ETF464287614ETF15,461$3.78M0.3%−139−0.9%Reduced–
iShares Tr46434V613CORE UNIVRSL USD79,710$3.68M0.3%+23,930+42.9%Added–
MQYBlackRock Muniyield Quality Fund, Inc.COM309,380$3.66M0.3%+309,380NewHistory
iShares Core MSCI Eafe ETF46432F842ETF54,708$3.66M0.3%−804−1.4%Reduced–
iShares Core Dividend Growth ETF46434V621ETF72,691$3.63M0.3%−1,503−2.0%Reduced–
PFEPfizer IncStock88,136$3.60M0.3%+3,372+4.0%AddedHistory
State Street SPDR Portfolio S&P 500 Growth ETF78464A409ETF63,735$3.53M0.3%+1,122+1.8%Added–
Vanguard Morningstar Value ETF922908744ETF24,908$3.44M0.3%−1,860−6.9%Reduced–
iShares Russell 2000 ETF464287655ETF19,083$3.40M0.3%+2,222+13.2%Added–
BGYBlackRock Enhanced International Dividend TrustCOM BENE INTER603,828$3.26M0.3%+33,121+5.8%AddedHistory
WisdomTree Tr97717Y527FLOATNG RAT TREA63,901$3.21M0.3%+63,901New–
Vanguard Scottsdale FDS92206C409SHRT TRM CORP BD41,357$3.15M0.3%+1,687+4.3%Added–
UPSUnited Parcel Service IncStock16,160$3.13M0.3%+1,781+12.4%AddedHistory
Global X FDS37954Y483NASDAQ 100 COVER182,246$3.13M0.3%−15,169−7.7%Reduced–
iShares Russell 1000 Value ETF464287598ETF20,282$3.09M0.3%−1,407−6.5%Reduced–
AVKAdvent Convertible & Income FundCOM265,907$3.07M0.3%+57,634+27.7%AddedHistory
EIMEaton Vance Municipal Bond FundCOM294,000$3.06M0.3%+294,000NewHistory
GPMTGranite Point Mortgage Trust Inc.COM STK609,108$3.02M0.2%+609,108NewHistory
BACBank of America CorpStock105,107$3.01M0.2%+14,628+16.2%AddedHistory
iShares Tr464288885EAFE GRWTH ETF30,971$2.90M0.2%−1,846−5.6%Reduced–
IBMInternational Business Machines CorpStock21,793$2.86M0.2%−108−0.5%ReducedHistory
iShares Core MSCI Emerging Markets ETF46434G103ETF57,442$2.80M0.2%+12,293+27.2%Added–
PEPPepsiCo IncStock15,196$2.77M0.2%+545+3.7%AddedHistory
KOCoca Cola CoStock44,195$2.74M0.2%+1,958+4.6%AddedHistory
Vanguard Total Bond Market ETF921937835ETF36,151$2.67M0.2%−8,922−19.8%Reduced–
TOLToll Brothers, Inc.COM1,147,291$2.63M0.2%+481,462+72.3%AddedHistory
iShares Tr46435G425ESG AWR MSCI USA29,028$2.63M0.2%−21,415−42.5%Reduced–
RITMRithm Capital Corp.REIT328,157$2.63M0.2%+25,500+8.4%AddedHistory
Vanguard Morningstar Mid-Cap ETF922908629ETF12,438$2.62M0.2%+569+4.8%Added–
First Tr Exchange-Traded FD33739Q200FST LOW OPPT EFT54,804$2.62M0.2%+19,317+54.4%Added–
IAUiShares Gold TrustETF69,421$2.59M0.2%+22,470+47.9%AddedHistory
UNHUnitedHealth Group IncStock5,346$2.53M0.2%+179+3.5%AddedHistory

Sold out since Q4 2022 (76)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Arete Wealth Advisors, LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
State Street SPDR Portfolio Long Term Corporate Bond ETF78464A367ETF116,641$5.25M0.5%–
J P Morgan Exchange Traded F46641Q647MUNICIPAL ETF75,274$3.74M0.3%–
NENoble Corp plcORD SHS A313,332$3.56M0.3%History
MQMarqeta, Inc.CLASS A COM300,880$3.49M0.3%History
EICEagle Point Income CoCOM294,000$3.05M0.3%History
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF27,187$2.68M0.2%–
Vanguard BD Index FDS921937793LONG TERM BOND124,331$1.63M0.1%–
VanEck ETF Trust92189H607OIL SERVICES ETF4,322$1.31M0.1%–
Invesco Exchange Traded FD T46137V456S&P MDCP VLU MNT24,829$1.09M0.1%–
PSNYPolestar Automotive Holding UK PLCADS A69,553$1.02M0.1%History
KMDAKamada LtdSHS126,494$950.0K0.1%History
GWREGuidewire Software, Inc.COM31,165$916.6K0.1%History
AIZAssurant, Inc.Stock4,619$870.8K0.1%History
iShares Tr464287150CORE S&P TTL STK6,999$593.6K0.1%–
iShares Inc464286533MSCI EMERG MRKT10,520$558.1K<0.1%–
TFCTruist Financial CorpCOM12,859$553.3K<0.1%History
DBCInvesco DB Commodity Index Tracking FundUNIT35,733$543.5K<0.1%History
APPSDigital Turbine, Inc.COM NEW681,186$520.4K<0.1%History
First Rep BK San Francisco C33616C100COM4,126$502.9K<0.1%–
POWIPower Integrations IncCOM6,161$483.0K<0.1%History
SAGESage Therapeutics, Inc.COM4,268$473.4K<0.1%History
KEXKirby CorpCOM26,450$460.8K<0.1%History
WECWec Energy Group, Inc.Stock4,629$434.0K<0.1%History
ROSTRoss Stores, Inc.COM2,848$431.7K<0.1%History
iShares S&P Small-Cap 600 Growth ETF464287887ETF7,775$409.3K<0.1%–
NSCNorfolk Southern CorpStock1,565$385.6K<0.1%History
Pacer US Cash Cows 100 ETF69374H881ETF8,061$372.8K<0.1%–
AFLAflac IncStock5,009$360.4K<0.1%History
Amplify ETF Tr032108409CWP ENHANCED DIV16,695$360.1K<0.1%–
FTNTFortinet, Inc.Stock7,201$352.1K<0.1%History
SCHWSchwab Charles CorpStock4,139$344.6K<0.1%History
BKNGBooking Holdings Inc.Stock156$314.4K<0.1%History
Barclays Bank PLC06746P563ETN LKD 4815,485$287.7K<0.1%–
BDXBecton Dickinson & CoStock1,129$287.0K<0.1%History
STZConstellation Brands, Inc.Stock8,938$283.6K<0.1%History
FDUSFidus Investment CorpCOM14,650$278.8K<0.1%History
Vanguard Ftse All-World Ex-US Small-Cap ETF922042718ETF2,521$259.1K<0.1%–
iShares U S ETF Tr46431W598BLOOMBERG ROLL4,699$256.2K<0.1%–
IDAIdacorp IncCOM2,273$245.2K<0.1%History
Invesco Exch Traded FD Tr II46138G508SR LN ETF11,884$244.0K<0.1%–
KRCKilroy Realty CorpCOM6,181$239.0K<0.1%History
iShares Tr464287630RUS 2000 VAL ETF1,638$227.2K<0.1%–
ARK ETF Tr00214Q302GENOMIC REV ETF8,036$226.8K<0.1%–
GOFGuggenheim Strategic Opportunities FundCOM SBI14,894$226.7K<0.1%History
LNTAlliant Energy CorpStock3,936$217.3K<0.1%History
Invesco Exchange Traded FD T46137V233S&P 500 TOP 50760$209.9K<0.1%–
Signature BK New York N Y82669G104COM1,796$206.9K<0.1%–
NTAPNetApp, Inc.Stock5,948$205.7K<0.1%History
REGNRegeneron Pharmaceuticals, Inc.COM279$201.3K<0.1%History
CSXCSX CorpStock6,487$201.0K<0.1%History
UMBFUmb Financial CorpCOM26,852$175.3K<0.1%History
Renaissance Cap Greenwich FD759937204IPO ETF10,158$171.5K<0.1%–
SPDR Index Shs FDS78463X533ST MAR DIVID ETF12,280$142.2K<0.1%–
CQPCheniere Energy Partners, L.P.COM UNIT10,000$119.9K<0.1%History
GPGIGPGI, Inc.COM CL A16,825$110.5K<0.1%History
MASMasco CorpCOM12,811$97.6K<0.1%History
ICHRIchor Holdings, Ltd.SHS11,519$84.2K<0.1%History
TECHBIO-TECHNE CorpCOM19,885$71.0K<0.1%History
RIOTRiot Platforms, Inc.COM11,050$37.5K<0.1%History
Exchange Traded Concepts Tru301505624BITWISE CRYPTO10,818$36.7K<0.1%–
SPRUSpruce Power Holding CorpCOM CL A25,700$23.6K<0.1%History
FAXAbrdn Asia-Pacific Income Fund, Inc.COM52,547$19.5K<0.1%History
TDOCTeladoc Health, Inc.COM21,200$5.55K<0.1%History
WSOWatsco IncCOM20,000$3.49K<0.1%History
iShares Tr46436E619ESG ADVAN ETF15,550$3.15K<0.1%–
BRBroadridge Financial Solutions, Inc.Stock33,000$611<0.1%History
Columbia ETF Tr II19762B509EMRG MARKETS ETF14,570$36<0.1%–
WisdomTree Tr97717W422INDIA ERNGS FD20,000$2<0.1%–
ASIXAdvanSix Inc.COM484––History
NATNordic American Tankers LtdCOM74,841––History
LACLithium Americas Corp.COM NEW3,292––History
NSLNuveen Senior Income FundCOM2,000––History
Nuveen PFD & Incm Securties67072C105COM21,023–––
SPCEVirgin Galactic Holdings, IncCOM158,506––History
AUROWAurora Innovation, Inc.EQUITY WRT15,917––History
VORBVirgin Orbit Holdings, Inc.COMMON STOCK1,378––History