Arax Advisory Partners

NEW YORK, NY · CIK 1586767 · 13F filing filed 2026-08-10

SEC-registered investment adviser since 2006 · limited liability company

Assets managed$26.5bn
Staff361 · 168 in investment roles
Main clients (by assets)High net worth individuals 80%, Individuals 11%, Companies 5%
Private funds17 · $571.3m gross assets
Form ADV · 2026-08-14SEC adviser record

$15.1bn reported value +325.3% vs Q1 2026

5,155positions

18.3%in top 10

1,477 new 3,290 added 221 reduced 88 sold out vs Q1 2026

Options: 38 call positions ($5.7m notional), 13 put positions ($14.4m notional) – listed below, not included above.

Also in the report of:

AQR CAPITAL MANAGEMENT LLC – $1.5bn of shares are in both reports
Wealthspring Capital LLC

Shares in two reports are counted once in each security's totals.

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	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	554,053	$413.8m2.75%	2.75%	Added +447.5k	+447,468 419.8%
2	APPLE INC COM AAPL	AAPL	1,391,949	$402.8m2.67%	2.67%	Added +1.2m	+1,156,704 491.7%
3	ISHARES TR CORE S&P500 ETF IVV	IVV	434,087	$325.1m2.16%	2.16%	Added +300.7k	+300,682 225.4%
4	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	3,519,123	$303.1m2.01%	2.01%	Added +2.0m	+2,033,877 136.9%
5	NVIDIA CORPORATION COM NVDA	NVDA	1,492,942	$298.7m1.98%	1.98%	Added +1.3m	+1,264,758 554.3%
6	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	378,588	$278.8m1.85%	1.85%	Added +249.3k	+249,269 192.8%
7	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	2,961,917	$201.4m1.34%	1.34%	Added +1.7m	+1,714,883 137.5%
8	COMFORT SYS USA INC COM FIX	FIX	91,674	$181.7m1.21%	1.21%	Added +91.1k	+91,127 16659.4%
9	MICROSOFT CORP COM MSFT	MSFT	475,444	$177.4m1.18%	1.18%	Added +394.1k	+394,059 484.2%
10	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	461,612	$170.8m1.13%	1.13%	Added +271.4k	+271,355 142.6%
11	AMAZON COM INC COM AMZN	AMZN	661,042	$157.6m1.05%	1.05%	Added +506.9k	+506,869 328.8%
12	ALPHABET INC CAP STK CL C GOOG	GOOG	374,486	$132.3m0.88%	0.88%	Added +307.2k	+307,245 456.9%
13	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	829,634	$131.1m0.87%	0.87%	Added +762.1k	+762,075 1128.0%
14	VANGUARD INDEX FDS VALUE ETF VTV	VTV	593,047	$129.2m0.86%	0.86%	Added +141.5k	+141,485 31.3%
15	ALPHABET INC CAP STK CL A GOOGL	GOOGL	324,584	$116.0m0.77%	0.77%	Added +258.5k	+258,485 391.1%
16	AMERICAN CENTY ETF TR US LARGE CAP VLU AVLV	AVLV	1,076,147	$98.2m0.65%	0.65%	Added +505.6k	+505,607 88.6%
17	ENTERPRISE PRODS PARTNERS L COM EPD	EPD	2,647,573	$97.3m0.65%	0.65%	Added +2.6m	+2,617,771 8783.9%
18	HIGHPEAK ENERGY INC COM HPK	HPK	13,900,110	$97.2m0.64%	0.64%	Added +13.9m	+13,899,878 5991326.7%
19	BLACKROCK ETF TRUST ISHA IN CTRY ETF CORO	CORO	2,633,020	$96.4m0.64%	0.64%	Added +2.1m	+2,089,985 384.9%
20	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	1,147,363	$96.1m0.64%	0.64%	Added +1.1m	+1,124,036 4818.6%
21	BLACKROCK ETF TRUST ISHA I IN TE ETF BAI	BAI	1,817,689	$95.8m0.64%	0.64%	Added +1.1m	+1,080,919 146.7%
22	BROADCOM INC COM AVGO	AVGO	245,487	$92.7m0.62%	0.62%	Added +199.4k	+199,414 432.8%
23	ETF SER SOLUTIONS CLERSHS PITON IN PIFI	PIFI	984,286	$92.0m0.61%	0.61%	New
24	JPMORGAN CHASE & CO COM JPM	JPM	279,772	$91.6m0.61%	0.61%	Added +229.1k	+229,108 452.2%
25	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	1,781,343	$89.9m0.60%	0.60%	Added +1.1m	+1,137,681 176.8%
26	VANGUARD INDEX FDS MID CAP ETF VO	VO	1,078,534	$86.9m0.58%	0.58%	Added +563.6k	+563,566 109.4%
27	VANGUARD WORLD FD MEGA GRWTH IND MGK	MGK	973,489	$85.6m0.57%	0.57%	Added +937.7k	+937,739 2623.1%
28	JOHNSON & JOHNSON COM JNJ	JNJ	326,790	$83.0m0.55%	0.55%	Added +285.4k	+285,409 689.7%
29	BANK AMERICA CORP COM BAC	BAC	1,406,039	$80.1m0.53%	0.53%	Added +1.3m	+1,299,317 1217.5%
30	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	115,381	$79.2m0.53%	0.53%	Added +61.5k	+61,517 114.2%
31	MERCK & CO INC COM MRK	MRK	608,608	$78.2m0.52%	0.52%	Added +304.8k	+304,752 100.3%
32	META PLATFORMS INC CL A META	META	127,822	$72.0m0.48%	0.48%	Added +101.8k	+101,798 391.2%
33	MICRON TECHNOLOGY INC COM MU	MU	61,796	$71.3m0.47%	0.47%	Added +51.3k	+51,272 487.2%
34	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	961,454	$68.5m0.45%	0.45%	Added +421.3k	+421,263 78.0%
35	BLACKROCK ETF TRUST II ISHARES FLEXIBLE BINC	BINC	1,270,067	$66.5m0.44%	0.44%	Added +576.9k	+576,944 83.2%
36	BLACKROCK ETF TRUST ISHARES US THEMA THRO	THRO	1,541,826	$66.5m0.44%	0.44%	Added +411.7k	+411,686 36.4%
37	VANGUARD MALVERN FDS STRM INFPROIDX VTIP	VTIP	1,303,595	$65.5m0.43%	0.43%	Added +1.3m	+1,298,333 24673.8%
38	EXXON MOBIL CORP COM XOM	XOM	476,668	$65.2m0.43%	0.43%	Added +413.9k	+413,875 659.1%
39	FIRST TR EXCHNG TRADED FD VI FT VEST US EQT GAUG	GAUG	1,526,954	$63.2m0.42%	0.42%	Added +737.1k	+737,068 93.3%
40	SPDR SER TR NUVEEN BLMBRG MU TFI	TFI	1,348,815	$61.8m0.41%	0.41%	Added +334.0k	+334,008 32.9%
41	BLACKROCK ETF TRUST II ISHARES INTERMED INMU	INMU	2,463,671	$59.7m0.40%	0.40%	Added +306.1k	+306,067 14.2%
42	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	116,509	$58.3m0.39%	0.39%	Added +101.1k	+101,057 654.0%
43	SERIES PORTFOLIOS TR ELDRIDGE BBB B CLOZ	CLOZ	2,188,929	$57.8m0.38%	0.38%	Added +675.6k	+675,569 44.6%
44	DIMENSIONAL ETF TRUST US EQUITY MARKET DFUS	DFUS	703,277	$57.6m0.38%	0.38%	Added +648.6k	+648,630 1187.0%
45	FIRST TR EXCHANGE TRADED FD RISNG DIVD ACHIV RDVY	RDVY	709,083	$57.5m0.38%	0.38%	Added +228.5k	+228,481 47.5%
46	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	561,309	$56.5m0.38%	0.38%	Added +468.8k	+468,757 506.5%
47	ELI LILLY & CO COM LLY	LLY	46,821	$56.2m0.37%	0.37%	Added +39.8k	+39,823 569.1%
48	ISHARES INC CORE MSCI EMKT IEMG	IEMG	677,057	$56.1m0.37%	0.37%	Added +624.7k	+624,734 1194.0%
49	CHEVRON CORP NEW COM CVX	CVX	330,878	$54.8m0.36%	0.36%	Added +304.2k	+304,188 1139.7%
50	ISHARES TR SHORT TREAS BD SHV	SHV	495,679	$54.7m0.36%	0.36%	Added +493.5k	+493,482 22461.6%
51	WALMART INC COM WMT	WMT	475,928	$53.9m0.36%	0.36%	Added +423.2k	+423,161 801.9%
52	VISA INC COM CL A V	V	157,055	$53.9m0.36%	0.36%	Added +131.5k	+131,463 513.7%
53	RTX CORPORATION COM RTX	RTX	279,030	$52.9m0.35%	0.35%	Added +255.7k	+255,708 1096.4%
54	ISHARES TR CORE S&P US VLU IUSV	IUSV	450,235	$49.6m0.33%	0.33%	Added +444.1k	+444,103 7242.4%
55	ADVANCED MICRO DEVICES INC COM AMD	AMD	85,318	$49.6m0.33%	0.33%	Added +67.3k	+67,342 374.6%
56	ISHARES TR CORE US AGGBD ET AGG	AGG	493,378	$48.8m0.32%	0.32%	Added +365.9k	+365,948 287.2%
57	UNITEDHEALTH GROUP INC COM UNH	UNH	116,619	$48.5m0.32%	0.32%	Added +103.7k	+103,745 805.9%
58	CISCO SYS INC COM CSCO	CSCO	404,460	$47.5m0.32%	0.32%	Added +328.1k	+328,147 430.0%
59	CATERPILLAR INC COM CAT	CAT	42,605	$45.3m0.30%	0.30%	Added +38.8k	+38,827 1027.7%
60	ISHARES TR CORE S&P SCP ETF IJR	IJR	305,374	$45.3m0.30%	0.30%	Added +282.1k	+282,111 1212.7%
61	J P MORGAN EXCHANGE TRADED F NASDAQ EQT PREM JEPQ	JEPQ	698,508	$42.9m0.28%	0.28%	Added +471.8k	+471,829 208.2%
62	INVESCO EXCH TRADED FD TR II NATL AMT MUNI PZA	PZA	1,813,866	$42.7m0.28%	0.28%	Added +1.8m	+1,812,494 132106.0%
63	ISHARES TR CORE S&P TTL STK ITOT	ITOT	258,065	$42.4m0.28%	0.28%	Added +212.3k	+212,260 463.4%
64	ISHARES TR NATIONAL MUN ETF MUB	MUB	393,109	$42.3m0.28%	0.28%	Added +197.5k	+197,453 100.9%
65	TESLA INC COM TSLA	TSLA	100,289	$42.2m0.28%	0.28%	Added +77.3k	+77,260 335.5%
66	ISHARES TR IBONDS 28 TRM TS IBTI	IBTI	1,889,290	$41.8m0.28%	0.28%	New
67	GE VERNOVA INC COM GEV	GEV	35,430	$41.6m0.28%	0.28%	Added +32.0k	+32,015 937.5%
68	ABBVIE INC COM ABBV	ABBV	164,897	$41.5m0.28%	0.28%	Added +116.0k	+116,040 237.5%
69	ISHARES TR RUS 1000 VAL ETF IWD	IWD	165,039	$40.0m0.27%	0.27%	Added +61.9k	+61,911 60.0%
70	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	141,970	$39.9m0.27%	0.27%	Added +124.7k	+124,737 723.8%
71	ISHARES TR CORE TOTAL USD IUSB	IUSB	855,023	$39.5m0.26%	0.26%	Added +491.8k	+491,768 135.4%
72	INTEL CORP COM INTC	INTC	270,605	$37.8m0.25%	0.25%	Added +226.9k	+226,936 519.7%
73	GLOBAL X FDS DEFENSE TECH ETF SHLD	SHLD	622,078	$37.1m0.25%	0.25%	Added +407.5k	+407,496 189.9%
74	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	620,095	$37.0m0.25%	0.25%	Added +83.5k	+83,533 15.6%
75	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	729,949	$36.8m0.24%	0.24%	Added +116.8k	+116,823 19.1%
76	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	307,090	$35.8m0.24%	0.24%	Added +283.0k	+283,024 1176.0%
77	ISHARES TR S&P SML 600 GWT IJT	IJT	199,352	$35.6m0.24%	0.24%	Added +78.3k	+78,307 64.7%
78	VANGUARD INDEX FDS SMALL CP ETF VB	VB	116,555	$35.3m0.23%	0.23%	Added +53.4k	+53,431 84.6%
79	ISHARES TR IBONDS 26 TRM TS IBTG	IBTG	1,538,030	$35.2m0.23%	0.23%	New
80	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	54,595	$35.0m0.23%	0.23%	Added +52.7k	+52,706 2790.2%
81	ISHARES TR IBONDS 27 TRM TS IBTH	IBTH	1,559,602	$34.9m0.23%	0.23%	New
82	MARVELL TECHNOLOGY INC COM MRVL	MRVL	116,222	$34.6m0.23%	0.23%	Added +101.9k	+101,887 710.8%
83	ISHARES TR US TREAS BD ETF GOVT	GOVT	1,516,171	$34.5m0.23%	0.23%	Added +998.3k	+998,327 192.8%
84	ISHARES TR RUS 2000 VAL ETF IWN	IWN	155,456	$34.3m0.23%	0.23%	Added +41.9k	+41,922 36.9%
85	VANGUARD INDEX FDS SML CP GRW ETF VBK	VBK	93,475	$34.2m0.23%	0.23%	Added +45.9k	+45,850 96.3%
86	SPDR SER TR BLOOMBERG SHT TE SJNK	SJNK	1,361,510	$34.1m0.23%	0.23%	Added +1.4m	+1,360,747 178341.7%
87	FREEPORT-MCMORAN INC CL B FCX	FCX	534,216	$33.6m0.22%	0.22%	Added +518.9k	+518,863 3379.6%
88	MPLX LP COM UNIT REP LTD MPLX	MPLX	596,042	$33.6m0.22%	0.22%	Added +594.3k	+594,312 34353.3%
89	ENERGY TRANSFER L P COM UT LTD PTN ET	ET	1,743,645	$33.3m0.22%	0.22%	Added +1.7m	+1,692,331 3298.0%
90	EMERSON ELEC CO COM EMR	EMR	228,415	$32.7m0.22%	0.22%	Added +217.2k	+217,236 1943.2%
91	COSTCO WHSL CORP NEW COM COST	COST	34,743	$32.5m0.22%	0.22%	Added +24.8k	+24,810 249.8%
92	GE AEROSPACE COM NEW GE	GE	86,629	$32.4m0.21%	0.21%	Added +76.6k	+76,642 767.4%
93	MCDONALDS CORP COM MCD	MCD	119,544	$32.3m0.21%	0.21%	Added +101.3k	+101,330 556.3%
94	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	377,384	$32.3m0.21%	0.21%	Added +119.9k	+119,932 46.6%
95	COCA COLA CO COM KO	KO	388,999	$31.6m0.21%	0.21%	Added +337.7k	+337,683 658.0%
96	FIRST TR EXCHNG TRADED FD VI TCW OPPORTUNIS FIXD	FIXD	723,246	$31.5m0.21%	0.21%	Added +84.3k	+84,289 13.2%
97	ISHARES TR S&P MC 400GR ETF IJK	IJK	257,702	$30.3m0.20%	0.20%	Added +80.1k	+80,068 45.1%
98	ETF SER SOLUTIONS CLEARSHS ULTRA OPER	OPER	301,756	$30.2m0.20%	0.20%	New
99	ISHARES TR MRGSTR MD CP GRW IMCG	IMCG	305,921	$30.1m0.20%	0.20%	Added +16.6k	+16,627 5.8%
100	CME GROUP INC COM CME	CME	133,725	$29.5m0.20%	0.20%	Added +97.5k	+97,487 269.0%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		2,577	$1.2m2.6k shares
iShares Intl Dividend Growth SECPX	SECPX	69,981	$653.6k70.0k shares
MONROE CAP CORP MRCC	MRCC	82,412	$379.1k82.4k shares
DUPONT DE NEMOURS INC DWDP	DWDP	2,375	$333.1k2.4k shares
CARNIVAL CORP		11,576	$299.6k11.6k shares
MASIMO CORP MASI	MASI	1,076	$191.4k1.1k shares
SPDR SER TR HYMB	HYMB	4,963	$124.3k5.0k shares
VANGUARD SCOTTSDALE FDS VTWV	VTWV	600	$100.3k600 shares
SEABRIDGE GOLD INC		3,500	$99.2k3.5k shares
IMPERIAL PETE INC		22,469	$96.2k22.5k shares
AIR LEASE CORP AL	AL	1,354	$87.9k1.4k shares
ENHABIT INC EHAB	EHAB	6,226	$87.7k6.2k shares
COTERRA ENERGY INC CTRA	CTRA	2,444	$85.9k2.4k shares
HOLOGIC INC HOLX	HOLX	801	$60.5k801 shares
ISHARES TR TLTW	TLTW	2,519	$57.0k2.5k shares
J P MORGAN EXCHANGE TRADED F BBIN	BBIN	700	$51.2k700 shares
PEAKSTONE REALTY TRUST PKST	PKST	2,066	$43.2k2.1k shares
CLEARWAY ENERGY INC		981	$38.4k981 shares
THOMSON REUTERS CORP		290	$26.1k290 shares
HASHDEX NASDAQ CME CRYPTO NCIQ	NCIQ	1,345	$23.2k1.3k shares
PIMCO ETF TR TIPZ	TIPZ	430	$22.9k430 shares
VERIS RESIDENTIAL INC		1,190	$22.5k1.2k shares
INVESCO EXCHANGE TRADED FD T PSI	PSI	234	$22.1k234 shares
INNOVATOR ETFS TRUST DDFS	DDFS	806	$17.0k806 shares
FLUSHING FINL CORP		945	$14.5k945 shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	13,000	$9.7m13.0k shares	New
FLEX LTD FLEX · Put	FLEX	Put	6,400	$1.0m6.4k shares	New
PALANTIR TECHNOLOGIES INC PLTR · Put	PLTR	Put	7,000	$816.7k7.0k shares	New
MICRON TECHNOLOGY INC MU · Put	MU	Put	600	$692.6k600 shares	New
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	1,000	$580.9k1.0k shares	New
NVIDIA CORPORATION NVDA · Call	NVDA	Call	2,600	$520.2k2.6k shares	New
PALO ALTO NETWORKS INC PANW · Call	PANW	Call	1,500	$511.5k1.5k shares	New
CHENIERE ENERGY INC LNG · Call	LNG	Call	2,000	$478.0k2.0k shares	New
ENTERPRISE PRODS PARTNERS L EPD · Put	EPD	Put	12,500	$459.5k12.5k shares	New
STELLANTIS N.V STLA · Call	STLA	Call	74,000	$424.8k74.0k shares	New
SELECT SECTOR SPDR TR XLF · Put	XLF	Put	7,500	$402.1k7.5k shares	New
CROWDSTRIKE HLDGS INC CRWD · Put	CRWD	Put	500	$381.6k500 shares	New
MICROSOFT CORP MSFT · Call	MSFT	Call	1,000	$373.0k1.0k shares	New
ARISTA NETWORKS INC ANET · Call	ANET	Call	2,100	$356.7k2.1k shares	New
EXPAND ENERGY CORPORATION EXE · Call	EXE	Call	3,100	$282.7k3.1k shares	New
UBER TECHNOLOGIES INC UBER · Call	UBER	Call	3,500	$252.6k3.5k shares	New
ALEXANDRIA REAL ESTATE EQ IN ARE · Call	ARE	Call	4,000	$211.4k4.0k shares	New
ATLASSIAN CORPORATION TEAM · Call	TEAM	Call	2,600	$202.3k2.6k shares	New
UIPATH INC PATH · Call	PATH	Call	17,500	$190.2k17.5k shares	New
RITHM CAPITAL CORP RITM · Call	RITM	Call	20,000	$187.8k20.0k shares	New
SERVICENOW INC NOW · Call	NOW	Call	1,700	$168.8k1.7k shares	New
BLUE OWL CAPITAL INC OWL · Call	OWL	Call	17,500	$153.1k17.5k shares	New
PARAMOUNT SKYDANCE CORP SKYD · Call	SKYD	Call	15,000	$147.9k15.0k shares	New
NEXTERA ENERGY INC NEE · Call	NEE	Call	1,500	$131.7k1.5k shares	New
ACCENTURE PLC IRELAND ACN · Call	ACN	Call	1,000	$124.4k1.0k 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
FIRST TR EXCHANGE-TRADED FD WCMI · 13G · filed 2025-02-06	WCMI	13.4%≈ $11.9m	new	13G	2025-02-06
FIRST TR EXCHNG TRADED FD VI LDSF · 13G · filed 2025-02-06	LDSF	9.5%≈ $12.2m	new	13G	2025-02-06