Kovack Advisors, Inc.
- SEC CIK
- 0001728321
- Latest filing
- Jul 28, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 1,004
- +393 vs. Q3 2025
- Portfolio value
- $2.11B
- +$1.05B (+99.0%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| T-Rex 2X Long MSTR Dailytarget ETF26923N173 | ETF | 31,503 | $261.8K | <0.1% | +31,503 | New | – |
| CMCanadian Imperial Bank of Commerce | COM | 2,895 | $262.3K | <0.1% | 00.0% | Unchanged | History |
| AIC3.ai, Inc. | Stock | 19,485 | $262.7K | <0.1% | +19,485 | New | History |
| AEEAmeren Corp | COM | 2,632 | $262.8K | <0.1% | −20−0.8% | Reduced | History |
| Tidal Tr II88636J253 | DEFIANCE DAILY T | 68,500 | $263.7K | <0.1% | +68,500 | New | – |
| Invesco Exch Traded FD Tr II46138G888 | SHORT TERM ETF | 2,500 | $264.1K | <0.1% | 00.0% | Unchanged | – |
| FOXAFox Corp | CL A COM | 3,618 | $264.4K | <0.1% | +3,618 | New | History |
| ETOEaton Vance Tax-Advantaged Global Dividend Opportunities Fund | COM | 8,716 | $264.5K | <0.1% | +8,716 | New | History |
| SPDR Series Trust78468R556 | SP O&G EXPL PRO | 2,097 | $264.7K | <0.1% | +2,097 | New | – |
| iShares MSCI India ETF46429B598 | ETF | 4,906 | $265.2K | <0.1% | +4,906 | New | – |
| SOUNSoundhound AI, Inc. | CLASS A COM | 26,644 | $265.6K | <0.1% | +300+1.1% | Added | History |
| BDXBecton Dickinson & Co | Stock | 1,369 | $265.7K | <0.1% | +1,369 | New | History |
| Capital Grp Fixed Incm ETF T14020Y201 | MUN INM ETF | 9,715 | $266.0K | <0.1% | +9,715 | New | – |
| iShares Tr46438G455 | LARG CAP MAR ETF | 10,174 | $266.9K | <0.1% | +10,174 | New | – |
| First Tr Exchng Traded FD VI33740F664 | FT VEST US EQT | 5,449 | $266.9K | <0.1% | +5,449 | New | – |
| Schwab U.S. Large-Cap ETF808524201 | ETF | 9,960 | $268.0K | <0.1% | +9,960 | New | – |
| ProShares Tr74349Y837 | SHORT QQQ | 8,928 | $269.6K | <0.1% | −3,574−28.6% | Reduced | – |
| Invesco Exchange Traded FD T46137V233 | S&P 500 TOP 50 | 4,553 | $269.9K | <0.1% | +4,553 | New | – |
| NRGNRG Energy, Inc. | Stock | 1,702 | $271.0K | <0.1% | +1,702 | New | History |
| DALDelta Air Lines, Inc. | COM NEW | 3,909 | $271.3K | <0.1% | +3,909 | New | History |
| ARK Blockchain & Fintech Innovation ETF00214Q708 | ETF | 5,702 | $271.6K | <0.1% | +5,702 | New | – |
| First Tr Exchng Traded FD VI33740F870 | LOW DUR STRTGC | 14,197 | $271.9K | <0.1% | +14,197 | New | – |
| iShares Tr46435U853 | BROAD USD HIGH | 7,307 | $273.2K | <0.1% | +1,843+33.7% | Added | – |
| ULUnilever PLC | SPON ADR NEW | 4,190 | $274.0K | <0.1% | +4,190 | New | History |
| TTETotalEnergies SE | ACT | 4,198 | $274.6K | <0.1% | +785+23.0% | Added | History |
| ASYSAmtech Systems Inc | COM PAR $0.01N | 22,000 | $276.1K | <0.1% | −10,150−31.6% | Reduced | History |
| First Tr Exchange-Traded FD33734X150 | INDLS PROD DUR | 3,462 | $276.5K | <0.1% | −1,158−25.1% | Reduced | – |
| JPCNuveen Preferred & Income Opportunities Fund | COM | 34,117 | $276.7K | <0.1% | +22,274+188.1% | Added | History |
| IRMIron Mountain Inc | COM | 3,339 | $277.0K | <0.1% | +3,339 | New | History |
| First Tr Exchange-Traded FD33738R886 | DORSEY WRIGHT | 11,163 | $277.2K | <0.1% | +11,163 | New | – |
| ALLAllstate Corp | Stock | 1,333 | $277.4K | <0.1% | +1,333 | New | History |
| SPDR Series Trust78468R622 | ST BLOO HIGH ETF | 2,854 | $277.5K | <0.1% | +2,854 | New | – |
| KDPKeurig Dr Pepper Inc. | COM | 10,017 | $280.6K | <0.1% | +10,017 | New | History |
| SLVOCredit Suisse AG | ETRA SILV SHS CO | 2,812 | $280.8K | <0.1% | +2,812 | New | History |
| HIIHuntington Ingalls Industries, Inc. | COM | 828 | $281.5K | <0.1% | +5+0.6% | Added | History |
| ARCTArcturus Therapeutics Holdings Inc. | COM | 46,023 | $282.1K | <0.1% | +46,023 | New | History |
| iShares Tr464288307 | MRGSTR MD CP GRW | 3,541 | $282.7K | <0.1% | +3,541 | New | – |
| First Tr Exchng Traded FD VI33740F631 | FT VEST US | 6,528 | $283.4K | <0.1% | +6,528 | New | – |
| iShares Tr464288158 | SHRT NAT MUN ETF | 2,666 | $284.5K | <0.1% | −250−8.6% | Reduced | – |
| GSKGSK plc | ADR | 5,810 | $284.9K | <0.1% | +5,810 | New | History |
| NZFNuveen Municipal Credit Income Fund | COM SH BEN INT | 22,753 | $286.2K | <0.1% | +22,753 | New | History |
| Fidelity Covington Trust316092170 | DISRU AUTOM ETF | 8,600 | $286.7K | <0.1% | 00.0% | Unchanged | – |
| State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847 | ETF | 4,964 | $287.5K | <0.1% | +1,333+36.7% | Added | – |
| Innovator ETFs Trust45784N742 | EQUI DEFI 1 MARC | 10,467 | $287.8K | <0.1% | +10,467 | New | – |
| QUBTQuantum Computing Inc. | COM | 28,050 | $287.8K | <0.1% | +11,960+74.3% | Added | History |
| NYXHNyxoah SA | COMMONSTOCK | 62,789 | $288.8K | <0.1% | −34,250−35.3% | Reduced | History |
| MDLZMondelez International, Inc. | Stock | 5,400 | $290.7K | <0.1% | +1,316+32.2% | Added | History |
| TPRTapestry, Inc. | COM | 2,281 | $291.4K | <0.1% | +2,281 | New | History |
| TFCTruist Financial Corp | COM | 5,931 | $291.9K | <0.1% | +5,931 | New | History |
| NVSNovartis AG | ADR | 2,121 | $292.4K | <0.1% | +471+28.5% | Added | History |
| HWCHancock Whitney Corp | COM | 4,600 | $292.9K | <0.1% | 00.0% | Unchanged | History |
| Fidelity Merrimack STR Tr316188309 | TOTAL BD ETF | 6,363 | $293.0K | <0.1% | +6,363 | New | – |
| FIGFigma, Inc. | Stock | 7,955 | $297.3K | <0.1% | +7,955 | New | History |
| SYMSymbotic Inc. | Stock | 5,015 | $298.4K | <0.1% | −3,962−44.1% | Reduced | History |
| BCSFBain Capital Specialty Finance, Inc. | COM STK | 21,653 | $301.2K | <0.1% | +21,653 | New | History |
| AGDabrdn Global Dynamic Dividend Fund | COM | 25,976 | $302.9K | <0.1% | +25,976 | New | History |
| KVUEKenvue Inc. | Stock | 17,648 | $304.4K | <0.1% | +17,648 | New | History |
| BlackRock ETF Trust II092528405 | FLOATING RT LOAN | 5,900 | $304.6K | <0.1% | +550+10.3% | Added | – |
| ONBOld National Bancorp | Stock | 13,659 | $304.7K | <0.1% | +82+0.6% | Added | History |
| BlackRock ETF Trust09290C780 | ISHA I IN TE ETF | 9,152 | $304.8K | <0.1% | +9,152 | New | – |
| Vanguard World FD921910840 | MEGA CAP VAL ETF | 2,161 | $305.0K | <0.1% | +2,161 | New | – |
| USOUnited States Oil Fund, LP | UNITS | 4,437 | $306.9K | <0.1% | +4,437 | New | History |
| PEGPublic Service Enterprise Group Inc | COM | 3,837 | $308.1K | <0.1% | +3,837 | New | History |
| First Tr Exchng Traded FD VI33740F649 | FT VEST NAS | 9,473 | $308.2K | <0.1% | +9,473 | New | – |
| AMTAmerican Tower Corp | REIT | 1,756 | $308.4K | <0.1% | +296+20.3% | Added | History |
| First Tr Exchange-Traded FD33734X846 | NASDAQ CYB ETF | 4,320 | $308.7K | <0.1% | +1,505+53.5% | Added | – |
| DDDuPont de Nemours, Inc. | COM | 7,725 | $310.5K | <0.1% | +1,381+21.8% | Added | History |
| MVTBlackRock Munivest Fund II, Inc. | COM | 28,743 | $310.7K | <0.1% | +2,903+11.2% | Added | History |
| SLBSLB Limited | Stock | 8,112 | $311.3K | <0.1% | −1,212−13.0% | Reduced | History |
| INTUIntuit Inc. | Stock | 478 | $316.4K | <0.1% | +84+21.3% | Added | History |
| First Tr Exch Traded FD III33739N108 | MANAGD MUN ETF | 6,193 | $316.7K | <0.1% | +43+0.7% | Added | – |
| RRXRegal Rexnord Corp | COM | 2,257 | $316.7K | <0.1% | 00.0% | Unchanged | History |
| Capital Group GBL Growth EQT14020X104 | SHS CREAT UNIT | 9,163 | $317.5K | <0.1% | +860+10.4% | Added | – |
| USALiberty All Star Equity Fund | SH BEN INT | 50,788 | $319.0K | <0.1% | +50,788 | New | History |
| Etfis Ser Tr I26923G806 | VIRTUS REAVES UT | 4,053 | $320.0K | <0.1% | +4,053 | New | – |
| MAINMain Street Capital CORP | CEF | 5,301 | $320.1K | <0.1% | −11−0.2% | Reduced | History |
| Invesco Exchange Traded FD T46137V373 | S&P500 EQL STP | 11,039 | $320.4K | <0.1% | +1,264+12.9% | Added | – |
| STXSStereotaxis, Inc. | COM NEW | 139,718 | $321.4K | <0.1% | +1,863+1.4% | Added | History |
| State Street Real Estate Select Sector SPDR ETF81369Y860 | ETF | 8,048 | $324.7K | <0.1% | +8,048 | New | – |
| CSXCSX Corp | Stock | 9,050 | $328.1K | <0.1% | +9,050 | New | History |
| WDAYWorkday, Inc. | CL A | 1,532 | $329.0K | <0.1% | +145+10.5% | Added | History |
| APDAir Products & Chemicals, Inc. | Stock | 1,340 | $331.1K | <0.1% | +1,340 | New | History |
| First Tr Exchange-Traded FD33733E203 | NY ARCA BIOTECH | 1,612 | $333.0K | <0.1% | +94+6.2% | Added | – |
| CWCurtiss Wright Corp | Stock | 606 | $334.1K | <0.1% | +606 | New | History |
| Ssga Active ETF Tr78467V608 | ST STR BL LN ETF | 8,139 | $335.9K | <0.1% | +1,209+17.4% | Added | – |
| PIMCO ETF Tr72201R783 | 0-5 HIGH YIELD | 3,545 | $336.1K | <0.1% | +271+8.3% | Added | – |
| VLOValero Energy Corp | Stock | 2,078 | $338.2K | <0.1% | +2,078 | New | History |
| DDominion Energy, Inc | Stock | 5,776 | $338.4K | <0.1% | −493−7.9% | Reduced | History |
| NOCNorthrop Grumman Corp | Stock | 594 | $338.6K | <0.1% | +594 | New | History |
| iShares Tr46436E338 | 20+ YEAR TR BD | 15,063 | $341.5K | <0.1% | +15,063 | New | – |
| Capital Group Core Balanced14021D107 | SHS | 9,679 | $342.0K | <0.1% | +9,679 | New | – |
| iShares Flexible Income Active ETF092528603 | ETF | 6,496 | $342.8K | <0.1% | +6,496 | New | – |
| Vanguard Energy ETF92204A306 | ETF | 2,733 | $344.1K | <0.1% | +71+2.7% | Added | – |
| ABNBAirbnb, Inc. | Stock | 2,538 | $344.5K | <0.1% | +798+45.9% | Added | History |
| State Street Materials Select Sector SPDR ETF81369Y100 | ETF | 7,622 | $345.7K | <0.1% | +2,120+38.5% | AddedConverted for a 2-for-1 split | – |
| Vanguard S&P 500 Value ETF921932703 | ETF | 1,694 | $347.0K | <0.1% | +519+44.2% | Added | – |
| ADPAutomatic Data Processing Inc | Stock | 1,350 | $347.3K | <0.1% | +1,350 | New | History |
| GEHCGE HealthCare Technologies Inc. | Stock | 4,241 | $347.9K | <0.1% | +456+12.0% | Added | History |
| First Tr Exchng Traded FD VI33740F276 | FT ENER INCO ETF | 17,568 | $349.1K | <0.1% | +4,482+34.3% | Added | – |
| SPOTSpotify Technology S.A. | Stock | 602 | $349.6K | <0.1% | +107+21.6% | Added | History |
Options (9)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| METAMeta Platforms, Inc. | Stock | – | $13.2M |
| MSFTMicrosoft Corp | Stock | $9.67M | – |
| TSLATesla, Inc. | Stock | – | $8.99M |
| Schwab U.S. Large-Cap Growth ETF808524300 | ETF | $3.26M | – |
| SPYSPDR S&P 500 ETF Trust | ETF | $1.70M | – |
| CMGChipotle Mexican Grill Inc | COM | – | $740.0K |
| VanEck Semiconductor ETF92189F676 | ETF | $540.2K | – |
| IONQIonQ, Inc. | COM | – | $448.7K |
| NVDANVIDIA Corp | Stock | – | $186.5K |
Sold out since Q3 2025 (19)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| ProShares Tr74347B235 | PSHS SHORT DOW30 | 30,950 | $753.3K | 0.1% | – |
| Invesco Exch TRD SLF Idx FD46138J817 | BULSHS 2025 HY | 28,024 | $646.2K | 0.1% | – |
| Invesco Exch TRD SLF Idx FD46138J825 | BULSHS 2025 CB | 24,869 | $514.5K | <0.1% | – |
| KKellanova | Stock | 4,374 | $358.8K | <0.1% | History |
| Invesco Exchange Traded FD T46137V597 | RAFI US 1500 | 6,898 | $313.3K | <0.1% | – |
| WGSGeneDx Holdings Corp. | COM CL A | 2,868 | $309.0K | <0.1% | History |
| First Tr Exchange-Traded FD33733E401 | NASDAQ 100 EX | 2,976 | $294.4K | <0.1% | – |
| VPGVishay Precision Group, Inc. | COM | 7,751 | $248.4K | <0.1% | History |
| TEAFTortoise Sustainable & Social Impact Term Fund | Closed-End Fund | 20,670 | $243.1K | <0.1% | History |
| RBB FD Inc74933W452 | F/M US TREASURY | 4,586 | $229.3K | <0.1% | – |
| OGEOGE Energy Corp. | COM | 4,629 | $214.2K | <0.1% | History |
| BWABorgwarner Inc | COM | 4,842 | $212.9K | <0.1% | History |
| POOLPool Corp | COM | 681 | $211.2K | <0.1% | History |
| ULUnilever PLC | SPON ADR NEW | 3,553 | $210.6K | <0.1% | History |
| AVDLAvadel Pharmaceuticals PLC | Stock | 12,500 | $190.9K | <0.1% | History |
| VFCV F Corp | Stock | 10,470 | $151.1K | <0.1% | History |
| PHDPioneer Floating Rate Fund, Inc. | COM | 10,000 | $99.6K | <0.1% | History |
| AVXLAnavex Life Sciences Corp. | COM NEW | 10,050 | $89.4K | <0.1% | History |
| OPKOpko Health, Inc. | COM | 15,000 | $23.3K | <0.1% | History |