ALTFEST L J & CO INC

NEW YORK, NY · CIK 712050 · 13F filing filed 2025-08-08

SEC-registered investment adviser since 1983 · corporation

Assets managed$1.8bn
Staff42 · 19 in investment roles
Main clients (by assets)High net worth individuals 91%, Individuals 7%, Private funds 1%
Private funds1 (1 hedge) · $12.6m gross assets
Form ADV · 2026-03-04SEC adviser record

$848.0m reported value +6.3% vs Q1 2025

332positions

35.9%in top 10

53 new 125 added 128 reduced 40 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	RBB FD INC US TREASR 10 YR UTEN	UTEN	1,058,660	$46.5m5.48%	5.48%	Added +413.3k	+413,272 64.0%
2	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	199,365	$45.3m5.34%	5.34%	Added +190.1k	+190,080 2047.2%
3	ISHARES TR 0-5 YR TIPS ETF STIP	STIP	435,897	$44.9m5.29%	5.29%	Added +403.1k	+403,101 1229.1%
4	FIRST TR EXCHANGE-TRADED FD NO AMER ENERGY EMLP	EMLP	925,969	$34.7m4.10%	4.10%	Reduced -29.6k	-29,557 -3.1%
5	MATTHEWS ASIA FDS ASIA INNOV ACTIV MINV	MINV	954,525	$29.8m3.51%	3.51%	Added +130.6k	+130,580 15.8%
6	SCHWAB STRATEGIC TR US TIPS ETF SCHP	SCHP	985,041	$26.3m3.10%	3.10%	Reduced -448.9k	-448,885 -31.3%
7	VANGUARD WORLD FD UTILITIES ETF VPU	VPU	123,394	$21.8m2.57%	2.57%	Added +2.6k	+2,640 2.2%
8	APPLE INC COM AAPL	AAPL	94,072	$19.3m2.28%	2.28%	Reduced -10.6k	-10,615 -10.1%
9	SIMPLIFY EXCHANGE TRADED FUN SHORT TERM TREA TUA	TUA	819,942	$18.1m2.13%	2.13%	Reduced -16.9k	-16,854 -2.0%
10	VANGUARD MALVERN FDS STRM INFPROIDX VTIP	VTIP	359,042	$18.0m2.13%	2.13%	Reduced -35.6k	-35,590 -9.0%
11	SPDR SER TR PORT MTG BK ETF SPMB	SPMB	809,137	$17.9m2.11%	2.11%	Added +22.5k	+22,461 2.9%
12	MICROSOFT CORP COM MSFT	MSFT	30,802	$15.3m1.81%	1.81%	Added +5.3k	+5,266 20.6%
13	VANGUARD WORLD FD HEALTH CAR ETF VHT	VHT	58,812	$14.6m1.72%	1.72%	Added +3.5k	+3,517 6.4%
14	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	50,724	$14.1m1.67%	1.67%	Added +46.6k	+46,609 1132.7%
15	AMAZON COM INC COM AMZN	AMZN	63,199	$13.9m1.63%	1.63%	Reduced -2.0k	-1,965 -3.0%
16	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	195,083	$12.8m1.51%	1.51%	New
17	INVESCO EXCH TRADED FD TR II KBW BK ETF KBWB	KBWB	169,626	$12.1m1.43%	1.43%	Added +164.7k	+164,678 3328.2%
18	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	125,315	$11.8m1.39%	1.39%	Added +61.1k	+61,132 95.2%
19	SPDR GOLD TR GOLD SHS GLD	GLD	36,822	$11.2m1.32%	1.32%	Reduced -15.3k	-15,264 -29.3%
20	GLOBAL X FDS US INFR DEV ETF PAVE	PAVE	240,367	$10.5m1.24%	1.24%	New
21	VANGUARD WORLD FD ENERGY ETF VDE	VDE	82,792	$9.9m1.16%	1.16%	New
22	NVIDIA CORPORATION COM NVDA	NVDA	56,759	$9.0m1.06%	1.06%	Added +20.8k	+20,767 57.7%
23	ONE LIBERTY PPTYS INC COM OLP	OLP	356,763	$8.5m1.00%	1.00%	Unchanged
24	ELI LILLY & CO COM LLY	LLY	10,481	$8.2m0.96%	0.96%	Added +913	+913 9.5%
25	ANGEL OAK FUNDS TRUST MORTGAGE BACKED MBS	MBS	886,670	$7.7m0.90%	0.90%	Added +13.3k	+13,291 1.5%
26	BROADCOM INC COM AVGO	AVGO	24,667	$6.8m0.80%	0.80%	Added +9.2k	+9,217 59.7%
27	ISHARES SILVER TR ISHARES SLV	SLV	206,929	$6.8m0.80%	0.80%	Added +80.6k	+80,577 63.8%
28	ISHARES INC MSCI STH KOR ETF EWY	EWY	89,632	$6.4m0.76%	0.76%	New
29	SPDR SER TR S&P BIOTECH XBI	XBI	76,595	$6.4m0.75%	0.75%	Added +49.3k	+49,309 180.7%
30	ISHARES TR NEW YORK MUN ETF NYF	NYF	111,430	$5.8m0.69%	0.69%	Added +15.8k	+15,809 16.5%
31	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	25,386	$5.7m0.68%	0.68%	Added +2.8k	+2,843 12.6%
32	JPMORGAN CHASE & CO COM JPM	JPM	19,668	$5.7m0.67%	0.67%	Reduced -136	-136 -0.7%
33	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	228,517	$5.4m0.64%	0.64%	Reduced -13.3k	-13,336 -5.5%
34	ISHARES TR EXPANDED TECH IGV	IGV	49,267	$5.4m0.64%	0.64%	New
35	ISHARES TR U.S. MED DVC ETF IHI	IHI	85,392	$5.3m0.63%	0.63%	Reduced -19.4k	-19,396 -18.5%
36	META PLATFORMS INC CL A META	META	7,092	$5.2m0.62%	0.62%	Added +126	+126 1.8%
37	ISHARES TR US HLTHCR PR ETF IHF	IHF	107,047	$5.2m0.61%	0.61%	New
38	SELECT SECTOR SPDR TR SBI INT-UTILS XLU	XLU	62,467	$5.1m0.60%	0.60%	Reduced -38.0k	-37,959 -37.8%
39	AXON ENTERPRISE INC COM AXON	AXON	5,936	$4.9m0.58%	0.58%	Reduced -64	-64 -1.1%
40	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	26,199	$4.8m0.56%	0.56%	Added +21.1k	+21,110 414.8%
41	CAMBRIA ETF TR GLOBAL VALUE ETF GVAL	GVAL	174,597	$4.8m0.56%	0.56%	Reduced -135.5k	-135,521 -43.7%
42	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	51,371	$4.7m0.56%	0.56%	Reduced -118.1k	-118,084 -69.7%
43	ALPHABET INC CAP STK CL C GOOG	GOOG	24,515	$4.3m0.51%	0.51%	Added +1.7k	+1,744 7.7%
44	DBX ETF TR XTRACK HRVST CSI ASHR	ASHR	156,314	$4.3m0.51%	0.51%	Reduced -77.4k	-77,368 -33.1%
45	ISHARES TR MSCI INDIA ETF INDA	INDA	76,904	$4.3m0.50%	0.50%	Reduced -18.4k	-18,371 -19.3%
46	SPDR SER TR S&P REGL BKG KRE	KRE	70,377	$4.2m0.49%	0.49%	New
47	ORACLE CORP COM ORCL	ORCL	18,810	$4.1m0.48%	0.48%	Added +460	+460 2.5%
48	ISHARES INC MSCI BRAZIL ETF EWZ	EWZ	132,472	$3.8m0.45%	0.45%	Added +3.4k	+3,437 2.7%
49	ISHARES TR MSCI UK ETF NEW EWU	EWU	95,303	$3.8m0.45%	0.45%	New
50	LISTED FDS TR ROUNDHILL MAGNIF MAGS	MAGS	64,345	$3.6m0.42%	0.42%	Reduced -82.8k	-82,750 -56.3%
51	S&P GLOBAL INC COM SPGI	SPGI	6,502	$3.4m0.40%	0.40%	Reduced -112	-112 -1.7%
52	PIMCO ETF TR 15+ YR US TIPS LTPZ	LTPZ	64,783	$3.4m0.40%	0.40%	New
53	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	6,107	$3.4m0.40%	0.40%	Reduced -65	-65 -1.1%
54	GOLDMAN SACHS ETF TR ACCES TREASURY GBIL	GBIL	33,296	$3.3m0.39%	0.39%	New
55	ABBVIE INC COM ABBV	ABBV	17,932	$3.3m0.39%	0.39%	Added +1.5k	+1,547 9.4%
56	NETFLIX INC COM NFLX	NFLX	2,392	$3.2m0.38%	0.38%	Added +114	+114 5.0%
57	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	142,895	$3.2m0.37%	0.37%	Reduced -3.6k	-3,602 -2.5%
58	SPDR SER TR NUVEEN BLMBRG SH SHM	SHM	62,737	$3.0m0.35%	0.35%	Reduced -7.5k	-7,515 -10.7%
59	ISHARES INC MSCI TAIWAN ETF EWT	EWT	51,487	$3.0m0.35%	0.35%	New
60	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,022	$2.9m0.34%	0.34%	Added +15	+15 0.2%
61	EXXON MOBIL CORP COM XOM	XOM	25,698	$2.8m0.33%	0.33%	Reduced -198	-198 -0.8%
62	MERCADOLIBRE INC COM MELI	MELI	1,023	$2.7m0.32%	0.32%	Added +887	+887 652.2%
63	ISHARES TR MSCI KLD400 SOC DSI	DSI	22,062	$2.6m0.30%	0.30%	Reduced -479	-479 -2.1%
64	FIDELITY COVINGTON TRUST VLU FACTOR ETF FVAL	FVAL	39,660	$2.5m0.30%	0.30%	Reduced -1.7k	-1,663 -4.0%
65	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	8,087	$2.4m0.28%	0.28%	Reduced -68	-68 -0.8%
66	NOVO-NORDISK A S ADR NVO	NVO	34,027	$2.3m0.28%	0.28%	Added +17.9k	+17,853 110.4%
67	SERVICENOW INC COM NOW	NOW	2,208	$2.3m0.27%	0.27%	Added +1.8k	+1,828 481.1%
68	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	22,320	$2.2m0.26%	0.26%	Reduced -7.7k	-7,693 -25.6%
69	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	22,890	$2.2m0.26%	0.26%	Added +8.6k	+8,551 59.6%
70	ISHARES TR EAFE VALUE ETF EFV	EFV	34,070	$2.2m0.26%	0.26%	Added +18.8k	+18,759 122.5%
71	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	2,788	$2.1m0.25%	0.25%	Added +387	+387 16.1%
72	DANAHER CORPORATION COM DHR	DHR	10,804	$2.1m0.25%	0.25%	Added +7.8k	+7,803 260.0%
73	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	3,452	$2.1m0.25%	0.25%	Reduced -244	-244 -6.6%
74	INNOVATOR ETFS TRUST US EQTY PWR BUF PSEP	PSEP	51,908	$2.1m0.25%	0.25%	Unchanged
75	VANGUARD WORLD FD COMM SRVC ETF VOX	VOX	12,087	$2.1m0.24%	0.24%	Reduced -2.5k	-2,513 -17.2%
76	JOHNSON & JOHNSON COM JNJ	JNJ	13,529	$2.1m0.24%	0.24%	Reduced -309	-309 -2.2%
77	DISNEY WALT CO COM DIS	DIS	15,985	$2.0m0.23%	0.23%	Added +511	+511 3.3%
78	BOEING CO COM BA	BA	9,441	$2.0m0.23%	0.23%	Added +2.5k	+2,451 35.1%
79	BOSTON SCIENTIFIC CORP COM BSX	BSX	18,402	$2.0m0.23%	0.23%	Added +3.9k	+3,872 26.6%
80	WALMART INC COM WMT	WMT	19,939	$1.9m0.23%	0.23%	Reduced -87	-87 -0.4%
81	ABBOTT LABS COM ABT	ABT	13,995	$1.9m0.22%	0.22%	Added +5.2k	+5,188 58.9%
82	VERTIV HOLDINGS CO COM CL A VRT	VRT	14,359	$1.8m0.22%	0.22%	Added +4.8k	+4,776 49.8%
83	SPDR INDEX SHS FDS DJ GLB RL ES ETF RWO	RWO	39,587	$1.7m0.21%	0.21%	Reduced -472	-472 -1.2%
84	PIMCO ETF TR MULTISECTOR BD PYLD	PYLD	65,474	$1.7m0.20%	0.20%	Added +73	+73 0.1%
85	RBB FD INC US TREAS 3 MNTH TBIL	TBIL	34,140	$1.7m0.20%	0.20%	Reduced -4.0k	-4,030 -10.6%
86	MERCK & CO INC COM MRK	MRK	21,422	$1.7m0.20%	0.20%	Reduced -3.6k	-3,621 -14.5%
87	INNOVATOR ETFS TRUST GRWT100 PWR BUF NJUL	NJUL	24,074	$1.6m0.19%	0.19%	Reduced -3.1k	-3,117 -11.5%
88	SPDR SER TR PORTFLI TIPS ETF SPIP	SPIP	61,824	$1.6m0.19%	0.19%	Added +4.9k	+4,883 8.6%
89	CISCO SYS INC COM CSCO	CSCO	23,172	$1.6m0.19%	0.19%	Added +418	+418 1.8%
90	SPDR SER TR PORTFOLIO LN TSR SPTL	SPTL	59,164	$1.6m0.19%	0.19%	Reduced -145	-145 -0.2%
91	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	33,860	$1.6m0.18%	0.18%	Reduced -4.1k	-4,053 -10.7%
92	MICRON TECHNOLOGY INC COM MU	MU	12,593	$1.6m0.18%	0.18%	Added +4.6k	+4,572 57.0%
93	COSTCO WHSL CORP NEW COM COST	COST	1,566	$1.5m0.18%	0.18%	Reduced -4	-4 -0.2%
94	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	4,982	$1.5m0.18%	0.18%	Added +2.5k	+2,546 104.5%
95	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,168	$1.4m0.17%	0.17%	Added +921	+921 12.7%
96	GE VERNOVA INC COM GEV	GEV	2,711	$1.4m0.17%	0.17%	Reduced -1.1k	-1,053 -28.0%
97	FIRST TR EXCHNG TRADED FD VI TCW SECURITIZED DEED	DEED	66,190	$1.4m0.17%	0.17%	Added +1.3k	+1,349 2.1%
98	CAMECO CORP COM CCJ	CCJ	18,834	$1.4m0.16%	0.16%	Added +24	+24 0.1%
99	FLEXSHARES TR STOXX GLOBR INF NFRA	NFRA	21,984	$1.4m0.16%	0.16%	Added +63	+63 0.3%
100	BRT APARTMENTS CORP COM BRT	BRT	86,348	$1.4m0.16%	0.16%	Unchanged

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
INNOVATOR ETFS TRUST UDEC	UDEC	622,655	$21.4m622.7k shares
INNOVATOR ETFS TRUST KJUL	KJUL	364,596	$10.2m364.6k shares
ANGEL OAK FUNDS TRUST CARY	CARY	368,152	$7.6m368.2k shares
ISHARES TR IEUR	IEUR	115,075	$6.9m115.1k shares
FIDELITY COVINGTON TRUST FHLC	FHLC	78,851	$5.4m78.9k shares
FIRST TR EXCHANGE-TRADED FD BGLD	BGLD	137,158	$2.9m137.2k shares
INVESCO EXCH TRADED FD TR II TAN	TAN	81,321	$2.5m81.3k shares
ISHARES TR MTUM	MTUM	10,521	$2.1m10.5k shares
SELECT SECTOR SPDR TR XLP	XLP	21,197	$1.7m21.2k shares
ISHARES TR IAI	IAI	7,533	$1.1m7.5k shares
PETROLEO BRASILEIRO SA PETRO PBR	PBR	68,185	$977.8k68.2k shares
ENBRIDGE INC ENB	ENB	18,688	$828.1k18.7k shares
CBRE GROUP INC CBRE	CBRE	6,125	$801.0k6.1k shares
BURLINGTON STORES INC BURL	BURL	3,235	$771.0k3.2k shares
IDACORP INC IDA	IDA	4,847	$563.4k4.8k shares
KROGER CO KR	KR	8,241	$557.9k8.2k shares
GENERAC HLDGS INC GNRC	GNRC	4,370	$553.5k4.4k shares
TRIP COM GROUP LTD TCOM	TCOM	8,352	$531.0k8.4k shares
DRAFTKINGS INC NEW DKNG	DKNG	15,126	$502.3k15.1k shares
AES CORP AES	AES	40,195	$499.2k40.2k shares
JANUS DETROIT STR TR JSI	JSI	9,361	$490.1k9.4k shares
CARMAX INC KMX	KMX	5,968	$465.0k6.0k shares
QIFU TECHNOLOGY INC QFIN	QFIN	10,166	$456.5k10.2k shares
HUNTINGTON INGALLS INDS INC HII	HII	2,008	$409.7k2.0k shares
ISHARES TR IEI	IEI	3,229	$381.4k3.2k shares