Focus Partners Wealth

ST LOUIS, MO · CIK 1542153 · 13F filing filed 2026-08-12

SEC-registered investment adviser since 2011 · limited liability company

Assets managed$181.9bn
Staff1,915 · 1,025 in investment roles
Main clients (by assets)High net worth individuals 78%, Individuals 7%, Pension plans 5%
Private funds26 (7 hedge) · $3.0bn gross assets
Main officeSt. Louis, MO
Form ADV · 2026-09-29SEC adviser record

Legal entityFOCUS PARTNERS WEALTH, LLC (US)
Part of FOCUS FINANCIAL PARTNERS INC. (US)

Other 13F filers in this group: SCS Capital Management LLC $10.6bn, Williams Jones Wealth Management, LLC. $8.9bn, Nexus Investment Management ULC $766.9m, TELEMUS CAPITAL, LLC last filed Q4 2023

$97.6bn reported value +8.5% vs Q1 2026

2,740positions

20.5%in top 10

355 new 1,151 added 1,158 reduced 259 sold out vs Q1 2026

Options: 6 call positions ($6.4m notional), 13 put positions ($28.4m notional) – listed below, not included above.

Holdings, Q2 2026

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	APPLE INC COM AAPL	AAPL	10,016,436	$2.9bn2.96%	2.96%	Reduced -21.4k	-21,352 -0.2%
2	NVIDIA CORPORATION COM NVDA	NVDA	12,427,184	$2.5bn2.54%	2.54%	Added +318.0k	+318,021 2.6%
3	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	12,703,573	$2.4bn2.48%	2.48%	Reduced -277.4k	-277,380 -2.1%
4	MICROSOFT CORP COM MSFT	MSFT	5,084,517	$1.9bn1.94%	1.94%	Reduced -233.9k	-233,884 -4.4%
5	DIMENSIONAL ETF TRUST US CORE EQUITY 2 DFAC	DFAC	42,128,827	$1.9bn1.91%	1.91%	Reduced -455.3k	-455,293 -1.1%
6	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	2,688,933	$1.8bn1.89%	1.89%	Added +17.0k	+16,975 0.6%
7	ISHARES TR CORE S&P500 ETF IVV	IVV	2,413,265	$1.8bn1.85%	1.85%	Added +209.6k	+209,557 9.5%
8	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	2,355,908	$1.6bn1.69%	1.69%	Reduced -73.5k	-73,467 -3.0%
9	AMAZON COM INC COM AMZN	AMZN	6,842,819	$1.6bn1.67%	1.67%	Reduced -839.6k	-839,621 -10.9%
10	ALPHABET INC CAP STK CL A GOOGL	GOOGL	4,130,802	$1.5bn1.51%	1.51%	Reduced -677.7k	-677,676 -14.1%
11	ALPHABET INC CAP STK CL C GOOG	GOOG	3,987,329	$1.4bn1.44%	1.44%	Reduced -162.3k	-162,310 -3.9%
12	ISHARES TR CORE S&P TTL STK ITOT	ITOT	8,536,010	$1.4bn1.44%	1.44%	Added +1.8m	+1,849,941 27.7%
13	VALUED ADVISERS TR KOVITZ CORE EQT EQTY	EQTY	43,870,772	$1.2bn1.26%	1.26%	Reduced -696.9k	-696,937 -1.6%
14	EA SERIES TRUST EA BRIDGEWAY OMN BSVO	BSVO	36,844,044	$1.1bn1.10%	1.10%	Reduced -413.8k	-413,813 -1.1%
15	BROADCOM INC COM AVGO	AVGO	2,659,162	$1.0bn1.03%	1.03%	Reduced -556.4k	-556,378 -17.3%
16	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,708,987	$1.0bn1.03%	1.03%	Reduced -37.0k	-36,974 -1.4%
17	JPMORGAN CHASE & CO COM JPM	JPM	2,913,920	$953.8m0.98%	0.98%	Reduced -193.6k	-193,567 -6.2%
18	DIMENSIONAL ETF TRUST INTERNATNAL VAL DFIV	DFIV	17,198,028	$929.0m0.95%	0.95%	Added +3.7m	+3,656,006 27.0%
19	VANGUARD INDEX FDS VALUE ETF VTV	VTV	4,261,836	$928.8m0.95%	0.95%	Reduced -21.3k	-21,318 -0.5%
20	DIMENSIONAL ETF TRUST US HIGH PROFITAB US HIGH PROFITAB		21,465,179	$895.7m0.92%	0.92%	Added +1.1m	+1,077,532 5.3%
21	VANGUARD SCOTTSDALE FDS INTER TERM TREAS VGIT	VGIT	15,151,246	$893.6m0.92%	0.92%	Added +1.3m	+1,313,235 9.5%
22	DIMENSIONAL ETF TRUST US TARGETED VLU DFAT	DFAT	12,491,981	$873.2m0.89%	0.89%	Reduced -652.2k	-652,203 -5.0%
23	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	11,918,550	$849.2m0.87%	0.87%	Added +3.6m	+3,631,016 43.8%
24	AMERICAN CENTY ETF TR US SML CP VALU AVUV	AVUV	6,563,363	$818.8m0.84%	0.84%	Reduced -102.6k	-102,627 -1.5%
25	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,359,656	$789.8m0.81%	0.81%	Reduced -1.3m	-1,318,767 -49.2%
26	DIMENSIONAL ETF TRUST US MKTWIDE VALUE DFUV	DFUV	14,217,663	$782.1m0.80%	0.80%	Reduced -477.4k	-477,368 -3.2%
27	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	9,443,034	$773.8m0.79%	0.79%	Added +102.9k	+102,911 1.1%
28	ISHARES TR RUS 1000 ETF IWB	IWB	1,859,370	$761.4m0.78%	0.78%	Reduced -73.6k	-73,586 -3.8%
29	LAM RESEARCH CORP COM NEW LRCX	LRCX	1,642,921	$711.8m0.73%	0.73%	Reduced -882.8k	-882,768 -35.0%
30	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,357,513	$679.3m0.70%	0.70%	Added +30.9k	+30,857 2.3%
31	ISHARES TR CORE MSCI TOTAL IXUS	IXUS	6,980,418	$666.2m0.68%	0.68%	Reduced -16.6k	-16,604 -0.2%
32	ISHARES TR RUS 1000 GRW ETF IWF	IWF	5,259,237	$653.0m0.67%	0.67%	Reduced -108.0k	-108,015 -2.0%
33	META PLATFORMS INC CL A META	META	1,124,479	$631.9m0.65%	0.65%	Reduced -74.4k	-74,388 -6.2%
34	VANGUARD WORLD FD INF TECH ETF VGT	VGT	5,070,432	$606.0m0.62%	0.62%	Reduced -96.8k	-96,816 -1.9%
35	VISA INC COM CL A V	V	1,730,615	$593.8m0.61%	0.61%	Reduced -209.8k	-209,800 -10.8%
36	DIMENSIONAL ETF TRUST INTL HIGH PROFIT DIHP	DIHP	17,142,938	$585.0m0.60%	0.60%	Added +1.6m	+1,618,435 10.4%
37	DIMENSIONAL ETF TRUST INTL SMALL CAP V DISV	DISV	13,414,075	$538.3m0.55%	0.55%	Reduced -499.4k	-499,375 -3.6%
38	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	9,780,436	$524.3m0.54%	0.54%	Added +1.4m	+1,414,719 16.9%
39	AMERICAN CENTY ETF TR INTL SMCP VLU AVDV	AVDV	4,813,065	$496.0m0.51%	0.51%	Added +437.4k	+437,385 10.0%
40	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	3,016,769	$478.6m0.49%	0.49%	Reduced -64.6k	-64,594 -2.1%
41	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	9,443,123	$478.3m0.49%	0.49%	Added +96.6k	+96,599 1.0%
42	SELECT SECTOR SPDR TR INDL XLI	XLI	2,444,075	$452.7m0.46%	0.46%	Added +432.7k	+432,729 21.5%
43	MICRON TECHNOLOGY INC COM MU	MU	383,743	$442.7m0.45%	0.45%	Reduced -91.0k	-90,984 -19.2%
44	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	860,536	$431.4m0.44%	0.44%	Reduced -280.4k	-280,416 -24.6%
45	SELECT SECTOR SPDR TR COMMUNICATION XLC	XLC	3,930,797	$421.1m0.43%	0.43%	Reduced -927.4k	-927,364 -19.1%
46	DIMENSIONAL ETF TRUST EMERGING MKTS CO DFEM	DFEM	9,899,602	$402.3m0.41%	0.41%	Added +884.7k	+884,730 9.8%
47	SPDR SER TR MSCI USA STRTGIC QUS	QUS	2,083,611	$389.3m0.40%	0.40%	Added +27.3k	+27,256 1.3%
48	WALMART INC COM WMT	WMT	3,431,240	$388.6m0.40%	0.40%	Added +46.1k	+46,055 1.4%
49	KLA CORP COM NEW KLAC	KLAC	1,281,019	$386.5m0.40%	0.40%	Reduced -1.4k	-1,381 -0.1%
50	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	588,682	$386.1m0.40%	0.40%	Added +495.2k	+495,245 530.0%
51	DIMENSIONAL ETF TRUST WORLD EX US CORE DFAX	DFAX	10,393,265	$382.9m0.39%	0.39%	Reduced -8.9k	-8,885 -0.1%
52	JOHNSON & JOHNSON COM JNJ	JNJ	1,488,289	$378.0m0.39%	0.39%	Reduced -115.0k	-114,986 -7.2%
53	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	4,244,024	$365.6m0.37%	0.37%	Reduced -104.1k	-104,074 -2.4%
54	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	3,022,702	$354.5m0.36%	0.36%	Added +5.0k	+4,981 0.2%
55	DIMENSIONAL ETF TRUST SHORT DURATION F DFSD	DFSD	7,253,853	$346.4m0.35%	0.35%	Added +1.1m	+1,131,748 18.5%
56	ISHARES TR RUS 1000 VAL ETF IWD	IWD	1,416,627	$343.4m0.35%	0.35%	Added +2.4k	+2,357 0.2%
57	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	1,584,018	$337.0m0.35%	0.35%	Reduced -30.1k	-30,146 -1.9%
58	PROCTER AND GAMBLE CO COM PG	PG	2,291,415	$336.0m0.34%	0.34%	Added +42.1k	+42,088 1.9%
59	COSTCO WHSL CORP NEW COM COST	COST	357,423	$334.4m0.34%	0.34%	Added +692	+692 0.2%
60	ISHARES TR CORE MSCI INTL IDEV	IDEV	3,721,879	$331.3m0.34%	0.34%	Added +197.4k	+197,355 5.6%
61	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	1,477,108	$324.1m0.33%	0.33%	Reduced -923.2k	-923,224 -38.5%
62	MASTERCARD INCORPORATED CL A MA	MA	628,324	$322.7m0.33%	0.33%	Reduced -36.7k	-36,704 -5.5%
63	CISCO SYS INC COM CSCO	CSCO	2,735,412	$321.3m0.33%	0.33%	Reduced -451.6k	-451,626 -14.2%
64	ELI LILLY & CO COM LLY	LLY	260,045	$311.9m0.32%	0.32%	Added +22.9k	+22,920 9.7%
65	CATERPILLAR INC COM CAT	CAT	285,159	$303.6m0.31%	0.31%	Reduced -52.9k	-52,872 -15.6%
66	KEYSIGHT TECHNOLOGIES INC COM KEYS	KEYS	856,240	$299.7m0.31%	0.31%	Reduced -531.9k	-531,876 -38.3%
67	APPLIED MATLS INC COM AMAT	AMAT	412,982	$298.7m0.31%	0.31%	Reduced -65.9k	-65,873 -13.8%
68	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	570,448	$298.0m0.31%	0.31%	Reduced -7.4k	-7,354 -1.3%
69	TESLA INC COM TSLA	TSLA	703,534	$295.9m0.30%	0.30%	Added +48.8k	+48,845 7.5%
70	INTERCONTINENTAL EXCHANGE IN COM ICE	ICE	2,371,544	$292.0m0.30%	0.30%	Reduced -529.3k	-529,336 -18.2%
71	PHILIP MORRIS INTL INC COM PM	PM	1,588,008	$287.5m0.29%	0.29%	Reduced -74.0k	-73,982 -4.5%
72	CHEVRON CORP NEW COM CVX	CVX	1,730,155	$286.8m0.29%	0.29%	Reduced -34.9k	-34,918 -2.0%
73	ISHARES TR CORE MSCI EAFE IEFA	IEFA	2,870,324	$277.2m0.28%	0.28%	Reduced -19.9k	-19,872 -0.7%
74	ISHARES TR S&P 500 VAL ETF IVE	IVE	1,205,298	$273.7m0.28%	0.28%	Reduced -23.9k	-23,867 -1.9%
75	ISHARES INC CORE MSCI EMKT IEMG	IEMG	3,296,356	$273.1m0.28%	0.28%	Added +234.5k	+234,536 7.7%
76	DIMENSIONAL ETF TRUST US SMALL CAP ETF DFAS	DFAS	3,276,884	$269.8m0.28%	0.28%	Reduced -170.5k	-170,510 -5.0%
77	VANGUARD MALVERN FDS STRM INFPROIDX VTIP	VTIP	5,337,573	$268.1m0.27%	0.27%	Added +734.7k	+734,724 16.0%
78	ISHARES TR S&P 500 GRWT ETF IVW	IVW	1,947,941	$267.9m0.27%	0.27%	Added +43.9k	+43,922 2.3%
79	GOLDMAN SACHS GROUP INC COM GS	GS	257,173	$260.1m0.27%	0.27%	Reduced -2.8k	-2,814 -1.1%
80	PEPSICO INC COM PEP	PEP	1,915,908	$259.4m0.27%	0.27%	Reduced -857.5k	-857,534 -30.9%
81	ISHARES TR CORE S&P SCP ETF IJR	IJR	1,733,730	$257.1m0.26%	0.26%	Reduced -3.1k	-3,052 -0.2%
82	WISDOMTREE TR US LARGECAP DIVD DLN	DLN	2,612,755	$251.7m0.26%	0.26%	Added +24.5k	+24,520 0.9%
83	AMERICAN CENTY ETF TR US EQT ETF AVUS	AVUS	1,954,513	$250.3m0.26%	0.26%	Reduced -4.4k	-4,386 -0.2%
84	AMERICAN CENTY ETF TR US LARGE CAP VLU AVLV	AVLV	2,734,778	$249.4m0.26%	0.26%	Added +230.0k	+230,022 9.2%
85	DIMENSIONAL ETF TRUST NATL MUN BD ETF DFNM	DFNM	5,069,659	$245.0m0.25%	0.25%	Added +847.8k	+847,779 20.1%
86	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	2,373,290	$238.9m0.24%	0.24%	Reduced -134.7k	-134,732 -5.4%
87	LOWES COS INC COM LOW	LOW	1,080,714	$238.3m0.24%	0.24%	Reduced -412.8k	-412,817 -27.6%
88	S&P GLOBAL INC COM SPGI	SPGI	583,165	$237.5m0.24%	0.24%	Added +294.8k	+294,808 102.2%
89	AON PLC SHS CL A AON	AON	706,903	$234.5m0.24%	0.24%	Added +76.1k	+76,098 12.1%
90	ABBVIE INC COM ABBV	ABBV	929,566	$233.9m0.24%	0.24%	Added +35.1k	+35,099 3.9%
91	CORNING INC COM GLW	GLW	914,251	$233.3m0.24%	0.24%	Added +45.5k	+45,484 5.2%
92	SCHWAB STRATEGIC TR US LCAP GR ETF SCHG	SCHG	6,836,103	$231.3m0.24%	0.24%	Reduced -5.3m	-5,311,852 -43.7%
93	SCHWAB CHARLES CORP COM SCHW	SCHW	2,498,544	$230.5m0.24%	0.24%	Added +244.4k	+244,382 10.8%
94	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	3,800,283	$226.8m0.23%	0.23%	Added +37.2k	+37,185 1.0%
95	QUALCOMM INC COM QCOM	QCOM	1,227,721	$226.8m0.23%	0.23%	Reduced -8.3k	-8,339 -0.7%
96	PALO ALTO NETWORKS INC COM PANW	PANW	650,687	$221.9m0.23%	0.23%	Added +19.2k	+19,190 3.0%
97	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	893,051	$219.9m0.23%	0.23%	Reduced -8.7k	-8,700 -1.0%
98	HOME DEPOT INC COM HD	HD	574,593	$202.6m0.21%	0.21%	Reduced -124.3k	-124,272 -17.8%
99	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	833,299	$202.5m0.21%	0.21%	Added +3.9k	+3,944 0.5%
100	ISHARES TR INTL DEV SML CP ISVL	ISVL	4,004,109	$201.6m0.21%	0.21%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		384,767	$173.9m384.8k shares
DUPONT DE NEMOURS INC DWDP	DWDP	169,359	$23.3m169.4k shares
CARNIVAL CORP		726,220	$18.8m726.2k shares
INVESCO EXCH TRD SLF IDX FD BSCU	BSCU	959,962	$16.0m960.0k shares
INVESCO EXCH TRD SLF IDX FD BSCV	BSCV	858,286	$14.1m858.3k shares
QXO INC QXO	QXO	715,680	$13.9m715.7k shares
INVESCO EXCH TRD SLF IDX FD BSCT	BSCT	735,933	$13.7m735.9k shares
WISDOMTREE TR GDE	GDE	214,176	$13.5m214.2k shares
INVESCO EXCH TRD SLF IDX FD BSCR	BSCR	677,778	$13.3m677.8k shares
AMCOR PLC AMCR	AMCR	309,795	$12.3m309.8k shares
LEIDOS HOLDINGS INC LDOS	LDOS	77,273	$12.0m77.3k shares
WESTERN UN CO WU	WU	1,364,400	$11.9m1.4m shares
INVESCO EXCH TRD SLF IDX FD BSCS	BSCS	472,461	$9.6m472.5k shares
ZSCALER INC ZS	ZS	64,842	$9.1m64.8k shares
NORTHERN FDS NOEQ	NOEQ	192,723	$4.9m192.7k shares
SPDR SER TR JNK	JNK	47,847	$4.6m47.8k shares
HOLOGIC INC HOLX	HOLX	52,565	$4.0m52.6k shares
AURORA INNOVATION INC AUR	AUR	930,475	$3.8m930.5k shares
INNOVATOR ETFS TRUST LOUP	LOUP	54,968	$3.8m55.0k shares
CARLYLE SECURED LENDING INC CGBD	CGBD	304,864	$3.3m304.9k shares
COGNIZANT TECHNOLOGY SOLUTIO CTSH	CTSH	49,716	$3.0m49.7k shares
WIX COM LTD WIX	WIX	32,787	$3.0m32.8k shares
INVESCO EXCH TRD SLF IDX FD BSMQ	BSMQ	113,490	$2.7m113.5k shares
INVESCO EXCH TRD SLF IDX FD BSMR	BSMR	112,943	$2.7m112.9k shares
INVESCO EXCH TRD SLF IDX FD BSMS	BSMS	109,444	$2.6m109.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
NVIDIA CORPORATION NVDA · Put	NVDA	Put	44,500	$8.9m44.5k shares	New
APPLE INC AAPL · Put	AAPL	Put	27,500	$8.0m27.5k shares	New
NVIDIA CORPORATION NVDA · Call	NVDA	Call	17,100	$3.4m17.1k shares	New
ALPHABET INC GOOG · Put	GOOG	Put	9,100	$3.2m9.1k shares	New
MICROSOFT CORP MSFT · Put	MSFT	Put	8,200	$3.1m8.2k shares	New
AMAZON COM INC AMZN · Put	AMZN	Put	5,300	$1.3m5.3k shares	New
MICROSOFT CORP MSFT · Call	MSFT	Call	2,000	$746.0k2.0k shares	New
TPG INC TPG · Call	TPG	Call	18,000	$729.9k18.0k shares	New
BROADCOM INC AVGO · Put	AVGO	Put	1,800	$680.0k1.8k shares	New
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	900	$672.1k900 shares	New
ISHARES BITCOIN TRUST ETF IBIT · Call	IBIT	Call	20,000	$665.8k20.0k shares	New
KKR & CO INC KKR · Put	KKR	Put	7,000	$642.5k7.0k shares	New
UNITEDHEALTH GROUP INC UNH · Call	UNH	Call	1,500	$623.4k1.5k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	700	$515.5k700 shares	New
HONEYWELL INTL INC HON · Put	HON	Put	2,000	$447.8k2.0k shares	New
BANK AMERICA CORP BAC · Put	BAC	Put	6,500	$370.4k6.5k shares	New
AXON ENTERPRISE INC AXON · Put	AXON	Put	600	$336.4k600 shares	New
BERKSHIRE HATHAWAY INC DEL BRK.B · Put	BRK.B	Put	600	$300.2k600 shares	New
SERVICENOW INC NOW · Call	NOW	Call	2,500	$248.2k2.5k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
SPECIAL OPPORTUNITIES FD INC SPE 2.75 01.27.27 C · 13G · filed 2026-08-07	SPE 2.75 01.27.27 C	42.0%	-4.5 pts	13G	2026-08-07
SPECIAL OPPORTUNITIES FD INC SPE · 13G · filed 2026-01-08	SPE	13.0%≈ $18.6m	new	13G	2026-01-08
DTF TAX-FREE INCOME 2028 TER DTF · 13G · filed 2026-02-13	DTF	6.8%≈ $5.6m	new	13G	2026-02-13
SABA CAPITAL INCOME & OPRNT BRW · 13G · filed 2026-02-13	BRW	5.7%≈ $20.2m	new	13G	2026-02-13