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Livermore
Livermore
ZHEN

Arete Wealth Advisors, LLC

SEC CIK
0001600151
Latest filing
Aug 12, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Oct 30, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
506
−158 vs. Q2 2023
Portfolio value
$577.7M
−$538.5M (−48.2%) vs. Q2 2023
Filed
Oct 30, 2023
SEC
Holdings of Arete Wealth Advisors, LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
FSKFS KKR Capital CorpCOM1,028,785$20.3M3.5%+16,022+1.6%AddedHistory
Invesco QQQ Trust Series I46090E103ETF50,589$18.1M3.1%+2,292+4.7%Added–
DISWalt Disney CoStock219,119$17.7M3.1%+6,760+3.2%AddedHistory
Vanguard S&P 500 ETF922908363ETF39,454$15.5M2.7%−24,137−38.0%Reduced–
GLDSPDR Gold TrustETF80,436$13.8M2.4%+31,859+65.6%AddedHistory
BRK.BBerkshire Hathaway IncStock37,790$13.2M2.3%+3,140+9.1%AddedHistory
SPYSPDR S&P 500 ETF TrustETF28,804$12.3M2.1%−9,753−25.3%ReducedHistory
State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663ETF112,657$10.3M1.8%+69,941+163.7%Added–
ProShares Tr74347B425SHORT S&P 500 NE688,421$9.96M1.7%+688,421New–
MCDMcDonalds CorpStock37,213$9.80M1.7%+4,423+13.5%AddedHistory
XOMExxonMobil Holdings CorpCOM74,582$8.77M1.5%+7,375+11.0%AddedHistory
FTHYFirst Trust High Yield Opportunities 2027 Term FundCOM538,955$7.18M1.2%+15,551+3.0%AddedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 119,987$6.69M1.2%−1,877−8.6%ReducedHistory
EVVEaton Vance Ltd Duration Income FundCOM710,722$6.42M1.1%−110.0%ReducedHistory
ARIApollo Commercial Real Estate Finance, Inc.COM622,500$6.31M1.1%−2,800−0.4%ReducedHistory
NFJVirtus Dividend, Interest & Premium Strategy FundCOM529,323$6.00M1.0%+19,075+3.7%AddedHistory
ACREAres Commercial Real Estate CorpCOM620,366$5.91M1.0%+992+0.2%AddedHistory
iShares Core S&P 500 ETF464287200ETF13,226$5.68M1.0%−10,330−43.9%Reduced–
TCBKTrico BancsharesCOM169,570$5.43M0.9%+284+0.2%AddedHistory
MFICMidCap Financial Investment CorpCOM NEW394,751$5.43M0.9%−55,432−12.3%ReducedHistory
ACNAccenture plcStock17,671$5.43M0.9%+462+2.7%AddedHistory
WMTWalmart Inc.Stock30,995$4.96M0.9%−5,399−14.8%ReducedHistory
MRKMerck & Co., Inc.Stock44,171$4.55M0.8%+5,114+13.1%AddedHistory
TYGTortoise Energy Infrastructure CorpCOM152,071$4.39M0.8%+8,962+6.3%AddedHistory
BCSFBain Capital Specialty Finance, Inc.COM STK275,577$4.22M0.7%−68,196−19.8%ReducedHistory
NEANuveen AMT-Free Quality Municipal Income FundCOM412,093$3.99M0.7%+24,939+6.4%AddedHistory
iShares Tr4642874571 3 YR TREAS BD46,550$3.77M0.7%+39,672+576.8%Added–
IDXXIDEXX Laboratories IncCOM8,476$3.71M0.6%+47+0.6%AddedHistory
GPMTGranite Point Mortgage Trust Inc.COM STK754,287$3.68M0.6%+129,800+20.8%AddedHistory
iShares Tr46428743220 YR TR BD ETF41,148$3.65M0.6%+20,685+101.1%Added–
JNJJohnson & JohnsonStock23,358$3.64M0.6%−11,517−33.0%ReducedHistory
PGProcter & Gamble CoStock24,809$3.62M0.6%−2,644−9.6%ReducedHistory
Invesco Actvely MNGD Etc FD46090F100OPTIMUM YIELD241,600$3.61M0.6%+203,874+540.4%Added–
iShares Core S&P Mid-Cap ETF464287507ETF13,805$3.44M0.6%−11,691−45.9%Reduced–
MQYBlackRock Muniyield Quality Fund, Inc.COM326,300$3.34M0.6%+6,920+2.2%AddedHistory
BGYBlackRock Enhanced International Dividend TrustCOM BENE INTER656,146$3.27M0.6%+32,233+5.2%AddedHistory
iShares Core S&P Small Cap ETF464287804ETF33,671$3.18M0.5%−27,023−44.5%Reduced–
GNLGlobal Net Lease, Inc.COM NEW253,894$3.17M0.5%−22,413−8.1%ReducedHistory
AVKAdvent Convertible & Income FundCOM293,603$3.08M0.5%+14,902+5.3%AddedHistory
State Street SPDR Portfolio S&P 500 ETF78464A854ETF60,623$3.05M0.5%−25,342−29.5%Reduced–
RITMRithm Capital Corp.REIT326,459$3.03M0.5%−17,172−5.0%ReducedHistory
EIMEaton Vance Municipal Bond FundCOM319,000$2.86M0.5%+10,000+3.2%AddedHistory
UPSUnited Parcel Service IncStock18,241$2.84M0.5%+2,660+17.1%AddedHistory
BXMTBlackstone Mortgage Trust, Inc.COM CL A129,625$2.82M0.5%+960+0.7%AddedHistory
Vanguard Ftse Developed Markets ETF921943858ETF64,363$2.81M0.5%−121,257−65.3%Reduced–
COSTCostco Wholesale CorpStock4,920$2.78M0.5%−1,645−25.1%ReducedHistory
iShares Tr46434V613CORE UNIVRSL USD62,855$2.75M0.5%−15,851−20.1%Reduced–
QQQXNuveen NASDAQ 100 Dynamic Overwrite FundCOM SHS117,835$2.65M0.5%+117,835NewHistory
iShares Core U.S. Aggregate Bond ETF464287226ETF27,937$2.63M0.5%−110,162−79.8%Reduced–
PEPPepsiCo IncStock15,384$2.61M0.5%+1,073+7.5%AddedHistory
CASYCaseys General Stores IncCOM9,594$2.60M0.5%+100+1.1%AddedHistory
iShares Tr464287291GLOBAL TECH ETF44,582$2.58M0.4%−275−0.6%Reduced–
LLYEli Lilly & CoStock4,741$2.55M0.4%−354−6.9%ReducedHistory
iShares Tr464287333GLOBAL FINLS ETF34,940$2.46M0.4%+1,457+4.4%Added–
AVGOBroadcom Inc.Stock2,922$2.43M0.4%+772+35.9%AddedHistory
PHMPultegroup IncCOM32,551$2.41M0.4%+32,551NewHistory
KMIKinder Morgan, Inc.Stock144,773$2.40M0.4%−1,698−1.2%ReducedHistory
PFEPfizer IncStock71,148$2.36M0.4%−4,909−6.5%ReducedHistory
iShares Tr464287325GLOB HLTHCRE ETF27,612$2.28M0.4%+634+2.4%Added–
GLDMWorld Gold TrustSPDR GLD MINIS61,420$2.25M0.4%+8,795+16.7%AddedHistory
VZVerizon Communications IncStock68,373$2.22M0.4%−129−0.2%ReducedHistory
BXBlackstone Inc.COM20,244$2.17M0.4%−637−3.1%ReducedHistory
iShares Tr46434V647GLOBAL REIT ETF101,338$2.15M0.4%+5,981+6.3%Added–
PLTRPalantir Technologies Inc.Stock127,498$2.04M0.4%−27,390−17.7%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF50,937$2.00M0.3%−83,964−62.2%Reduced–
CSCOCisco Systems, Inc.Stock37,140$2.00M0.3%+3,100+9.1%AddedHistory
COPConocoPhillipsStock16,403$1.97M0.3%+1,768+12.1%AddedHistory
MDTMedtronic plcStock23,851$1.87M0.3%+10,560+79.5%AddedHistory
FFord Motor CoStock147,007$1.83M0.3%−8,301−5.3%ReducedHistory
ITGartner IncCOM5,305$1.82M0.3%−3−0.1%ReducedHistory
CATCaterpillar IncStock6,478$1.77M0.3%−974−13.1%ReducedHistory
BLWBlackRock Ltd Duration Income TrustCOM SHS135,697$1.75M0.3%+560.0%AddedHistory
PMPhilip Morris International Inc.Stock18,488$1.71M0.3%+7,275+64.9%AddedHistory
SBUXStarbucks CorpStock18,627$1.70M0.3%−1,489−7.4%ReducedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF54,016$1.68M0.3%−100,962−65.1%Reduced–
WBDWarner Bros. Discovery, Inc.Stock152,924$1.66M0.3%+137,506+891.9%AddedHistory
FSCOFS Credit Opportunities Corp.COMMON STOCK306,272$1.66M0.3%+66,575+27.8%AddedHistory
Invesco Exch Traded FD Tr II46138G664S&P SMALLCAP 60045,035$1.64M0.3%+45,035New–
iShares Russell 2000 ETF464287655ETF9,151$1.62M0.3%−12,701−58.1%Reduced–
MCOMoodys CorpStock5,089$1.61M0.3%+464+10.0%AddedHistory
USBUS Bancorp DECOM NEW48,082$1.59M0.3%+28,167+141.4%AddedHistory
DOWDow Inc.Stock30,662$1.58M0.3%+8,341+37.4%AddedHistory
State Street SPDR Portfolio Short Term Corporate Bond ETF78464A474ETF53,306$1.56M0.3%−25,099−32.0%Reduced–
VanEck ETF Trust92189F791JUNIOR GOLD MINE46,930$1.51M0.3%−2,532−5.1%Reduced–
IVTInvenTrust Properties Corp.COM NEW63,451$1.51M0.3%+42,141+197.8%AddedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF7,082$1.50M0.3%−20,328−74.2%Reduced–
iShares Core MSCI Eafe ETF46432F842ETF23,308$1.50M0.3%−50,278−68.3%Reduced–
Vanguard Total World Stock ETF922042742ETF15,658$1.46M0.3%−341−2.1%Reduced–
iShares Russell 1000 Growth ETF464287614ETF5,439$1.45M0.3%−15,325−73.8%Reduced–
QCOMQualcomm IncStock12,841$1.43M0.2%+6,533+103.6%AddedHistory
BLKBlackRock, Inc.COM2,131$1.38M0.2%+359+20.3%AddedHistory
NNDMNano Dimension Ltd.SPONSORD ADS NEW502,626$1.37M0.2%+89,112+21.5%AddedHistory
NADNuveen Quality Municipal Income FundCOM133,242$1.35M0.2%−570.0%ReducedHistory
NOCNorthrop Grumman CorpStock3,065$1.35M0.2%+756+32.7%AddedHistory
ORCLOracle CorpStock12,670$1.34M0.2%+1,028+8.8%AddedHistory
OKEONEOK IncCOM21,107$1.34M0.2%+17,358+463.0%AddedHistory
ITCIIntra-Cellular Therapies, Inc.COM25,577$1.33M0.2%+25,577NewHistory
GSGoldman Sachs Group IncStock4,079$1.32M0.2%+476+13.2%AddedHistory
GDGeneral Dynamics CorpStock5,972$1.32M0.2%+2,524+73.2%AddedHistory
iShares Tr464288877EAFE VALUE ETF26,893$1.32M0.2%−210,611−88.7%Reduced–

Sold out since Q2 2023 (253)

Positions held at the end of Q2 2023 that are gone from this filing.

The largest 100 of 253 by value last quarter.

Positions of Arete Wealth Advisors, LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
ABBVAbbVie Inc.Stock374,265$50.4M4.5%History
AAPLApple Inc.Stock184,215$35.7M3.2%History
ABTAbbott LaboratoriesStock257,101$28.0M2.5%History
iShares Trust iShares 0-1 Year Treasury Bond ETF464288679ETF160,401$17.7M1.6%–
MSFTMicrosoft CorpStock45,416$15.5M1.4%History
Pgim ETF Tr69344A107PGIM ULTRA SH BD270,891$13.4M1.2%–
NVDANVIDIA CorpStock22,059$9.33M0.8%History
SPDR Series Trust78464A805ST STR PR SP1500144,181$7.85M0.7%–
HDHome Depot, Inc.Stock20,900$6.49M0.6%History
TSLATesla, Inc.Stock22,988$6.02M0.5%History
VVisa Inc.Stock23,764$5.64M0.5%History
GOOGLAlphabet Inc.Stock42,191$5.05M0.5%History
CVXChevron CorpStock30,075$4.73M0.4%History
JPMJPMorgan Chase & CoStock32,321$4.70M0.4%History
Invesco Exch Traded FD Tr II46138G888SHORT TERM ETF44,389$4.68M0.4%–
Invesco Actively Managed Exc46090A879VAR RATE INVT173,193$4.31M0.4%–
GOOGAlphabet Inc.Stock32,181$3.89M0.3%History
METAMeta Platforms, Inc.Stock12,454$3.57M0.3%History
KOCoca Cola CoStock57,318$3.45M0.3%History
State Street Energy Select Sector SPDR ETF81369Y506ETF37,968$3.08M0.3%–
Vanguard Total Bond Market ETF921937835ETF41,049$2.98M0.3%–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF76,048$2.95M0.3%–
BACBank of America CorpStock101,156$2.90M0.3%History
First Tr Exchange-Traded FD33739Q200FST LOW OPPT EFT53,835$2.57M0.2%–
IBMInternational Business Machines CorpStock16,629$2.23M0.2%History
First Tr Exchange-Traded FD33738D309SENIOR LN FD48,302$2.19M0.2%–
Vanguard Scottsdale FDS92206C664VNG RUS2000IDX28,799$2.18M0.2%–
BABoeing CoStock10,220$2.16M0.2%History
NSCNorfolk Southern CorpStock9,196$2.08M0.2%History
First Tr Exchange-Traded FD33739Q408FIRST TR ENH NEW33,423$1.99M0.2%–
UNHUnitedHealth Group IncStock4,055$1.95M0.2%History
MAMastercard IncStock4,941$1.94M0.2%History
Global X FDS37954Y483NASDAQ 100 COVER108,131$1.92M0.2%–
Invesco Actively Managed Exc46090A804TOTAL RETURN40,904$1.90M0.2%–
J P Morgan Exchange Traded F46641Q654ULTRA SHT MUNCPL36,557$1.85M0.2%–
LMTLockheed Martin CorpStock3,940$1.81M0.2%History
Global X FDS37954Y343GLBL X MLP ETF41,236$1.77M0.2%–
State Street Technology Select Sector SPDR ETF81369Y803ETF10,133$1.76M0.2%–
Vanguard Mortgage-Backed Securities ETF92206C771ETF37,602$1.73M0.2%–
iShares Tr464288638ISHS 5-10YR INVT32,813$1.66M0.1%–
T Rowe Price Exchange-Traded87283Q107PRICE BLUE CHIP57,862$1.61M0.1%–
State Street SPDR S&P Regional Banking ETF78464A698ETF36,635$1.50M0.1%–
iShares Tr464288307MRGSTR MD CP GRW24,092$1.47M0.1%–
Invesco Exch Traded FD Tr II46138E107EQUAL WEGT 0-3049,498$1.44M0.1%–
SLViShares Silver TrustETF68,722$1.44M0.1%History
SPDR Index Shs FDS78463X871ST INTL CAP ETF44,891$1.37M0.1%–
iShares Tr46434V4070-5YR HI YL CP32,665$1.35M0.1%–
iShares Tr4642886613 7 YR TREAS BD11,496$1.32M0.1%–
Global X FDS37954Y459RUSSELL 200070,937$1.28M0.1%–
GNRCGenerac Holdings Inc.Stock8,465$1.26M0.1%History
INTCIntel CorpStock36,270$1.21M0.1%History
MOAltria Group, Inc.Stock26,738$1.21M0.1%History
JPMorgan Nasdaq Equity Premium Income ETF46654Q203ETF24,981$1.21M0.1%–
SPDR Index Shs FDS78463X509ST PORT MARK ETF33,846$1.16M0.1%–
First Tr Exchng Traded FD VI33740U737FT VEST US EQT36,775$1.15M0.1%–
Schwab Emerging Markets Equity ETF808524706ETF46,386$1.14M0.1%–
Global X FDS37954Y475S&P 500 COVERED27,717$1.14M0.1%–
Innovator U.S. Equity Ultra Buffer ETF - January45782C300ETF33,066$1.08M0.1%–
SPDR Series Trust78468R101ST SHO TREAS ETF37,179$1.07M0.1%–
CLXClorox CoStock6,681$1.06M0.1%History
CVSCVS Health CorpStock15,366$1.06M0.1%History
NFLXNetflix IncStock2,381$1.05M0.1%History
iShares Core MSCI Total International Stock ETF46432F834ETF16,323$1.02M0.1%–
GEGeneral Electric CoStock9,226$1.01M0.1%History
Vanguard Morningstar Small-Cap Value ETF922908611ETF6,111$1.01M0.1%–
RTLNecessity Retail REIT, Inc.COM CLASS A143,926$973.0K0.1%History
Innovator ETFs Trust45782C532US EQTY ULTRA B31,538$952.0K0.1%–
CRWDCrowdStrike Holdings, Inc.Stock6,315$927.0K0.1%History
Schwab Fundamental International Equity ETF808524755ETF28,543$922.0K0.1%–
State Street Health Care Select Sector SPDR ETF81369Y209ETF6,778$900.0K0.1%–
SPDR Series Trust78464A144ST STR CORPO ETF30,987$895.0K0.1%–
SPDR Series Trust78468R408ST TERM HIGH ETF34,598$855.0K0.1%–
Vanguard Scottsdale FDS92206C680VNG RUS1000GRW11,855$839.0K0.1%–
Invesco Exch Traded FD Tr II46138E354S&P500 LOW VOL13,242$832.0K0.1%–
iShares Tr46435G326CORE MSCI INTL15,068$817.0K0.1%–
SHOPShopify Inc.Stock12,554$811.0K0.1%History
Invesco Exchange Traded FD T46137V480S&P SMCP VLU MNT17,416$809.0K0.1%–
Innovator U.S. Equity Ultra Buffer ETF - October45782C821ETF26,976$806.0K0.1%–
Innovator ETFs Trust45782C672US EQT ULTRA BF27,626$796.0K0.1%–
iShares Tr464288414NATIONAL MUN ETF7,379$788.0K0.1%–
ORealty Income CorpREIT13,065$781.0K0.1%History
iShares Tr464288562RESIDENTIAL MULT10,642$780.0K0.1%–
Invesco Actively Managed ETF46090A853INVSCO HY BD FCT36,044$778.0K0.1%–
Schwab U.S. Small-Cap ETF808524607ETF17,513$767.0K0.1%–
ETEnergy Transfer LPCOM UT LTD PTN59,737$759.0K0.1%History
SPGSimon Property Group Inc.REIT6,431$743.0K0.1%History
Invesco Exchange Traded FD T46137V563HIG YLD EQ DIV38,444$739.0K0.1%–
Simplify Exchange Traded Fun82889N863VOLATILITY PREM31,915$732.0K0.1%–
Invesco Actively Managed Exc46090A887ULTRA SHRT DUR14,495$720.0K0.1%–
Vanguard Scottsdale FDS92206C102SHORT TERM TREAS12,378$715.0K0.1%–
Invesco S&P 500 Quality ETF46137V241ETF14,153$714.0K0.1%–
TTTrane Technologies plcSHS3,728$713.0K0.1%History
First Tr Exchange-Traded FD33733E104CAP STRENGTH ETF8,889$711.0K0.1%–
iShares Core High Dividend ETF46429B663ETF6,915$697.0K0.1%–
T Rowe Price Exchange-Traded87283Q404PRICE DIV GRWT20,641$688.0K0.1%–
Timothy Plan887432284US LARGE MID CP29,462$677.0K0.1%–
VanEck ETF Trust92189F411BDC INCOME ETF43,059$661.0K0.1%–
Vanguard Morningstar Small-Cap ETF922908751ETF3,267$650.0K0.1%–
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD24,370$647.0K0.1%–
Invesco Exch TRD SLF Idx FD46138J619RUSL 1000 DYNM13,001$637.0K0.1%–