Arete Wealth Advisors, LLC

CHICAGO, IL · CIK 1600151 · 13F filing filed 2024-08-14

SEC-registered investment adviser since 2009 · limited liability company

Assets managed$2.7bn
Staff135 · 130 in investment roles
Main clients (by assets)High net worth individuals 74%, Individuals 19%, Companies 6%
Websitehudsonpoint.com
Form ADV · 2026-08-17SEC adviser record

$1.2bn reported value +12.6% vs Q1 2024

726positions

23.4%in top 10

375 new 174 added 171 reduced 25 sold out vs Q1 2024

Holdings, Q2 2024

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	189,903	$38.6m3.17%	3.17%	New
2	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	78,295	$37.5m3.08%	3.08%	Added +1.1k	+1,066 1.4%
3	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	69,771	$34.9m2.87%	2.87%	Added +1.3k	+1,338 2.0%
4	FS KKR CAP CORP COM FSK	FSK	1,730,402	$34.1m2.80%	2.80%	Added +289.7k	+289,686 20.1%
5	DISNEY WALT CO COM DIS	DIS	330,419	$32.7m2.68%	2.68%	Reduced -2.6k	-2,586 -0.8%
6	ABBOTT LABS COM ABT	ABT	256,494	$26.7m2.19%	2.19%	Reduced -380	-380 -0.1%
7	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	161,657	$26.5m2.17%	2.17%	Reduced -68.9k	-68,867 -29.9%
8	SPDR GOLD TR GOLD SHS GLD	GLD	90,901	$19.4m1.60%	1.60%	Added +50.5k	+50,483 124.9%
9	ISHARES TR 7-10 YR TRSY BD IEF	IEF	193,734	$18.2m1.49%	1.49%	Added +61.9k	+61,876 46.9%
10	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	41,716	$17.0m1.39%	1.39%	Added +1.6k	+1,613 4.0%
11	VANECK ETF TRUST IG FLOATING RATE FLTR	FLTR	645,472	$16.5m1.35%	1.35%	Added +480.9k	+480,938 292.3%
12	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	29,688	$16.2m1.33%	1.33%	Reduced -217	-217 -0.7%
13	ISHARES TR EAFE VALUE ETF EFV	EFV	260,705	$13.8m1.13%	1.13%	Added +20.9k	+20,906 8.7%
14	SPDR SER TR PORTFOLIO AGRGTE SPAB	SPAB	534,149	$13.4m1.10%	1.10%	Added +244.6k	+244,556 84.5%
15	PGIM ETF TR PGIM ULTRA SH BD PULS	PULS	257,420	$12.8m1.05%	1.05%	Added +12.1k	+12,052 4.9%
16	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	33,856	$12.7m1.04%	1.04%	Reduced -7.7k	-7,672 -18.5%
17	ZACKS TRUST EARNGS CONSTANT ZECP	ZECP	420,677	$12.1m1.00%	1.00%	Added +69.1k	+69,103 19.7%
18	ISHARES TR SHORT TREAS BD SHV	SHV	103,800	$11.5m0.94%	0.94%	Added +3.0k	+2,972 3.0%
19	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	251,282	$11.3m0.93%	0.93%	Added +125.6k	+125,554 99.9%
20	ISHARES TR CORE S&P500 ETF IVV	IVV	20,517	$11.2m0.92%	0.92%	Reduced -8.5k	-8,489 -29.3%
21	PUTNAM ETF TRUST FOCUSED LAR CAP PVAL	PVAL	286,045	$10.4m0.85%	0.85%	Added +138.8k	+138,766 94.2%
22	SPDR SERIES TRUST PORTFOLIO S&P500 SPYM	SPYM	157,927	$10.1m0.83%	0.83%	Added +4.2k	+4,179 2.7%
23	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	146,335	$9.7m0.80%	0.80%	Added +1.4k	+1,350 0.9%
24	MCDONALDS CORP COM MCD	MCD	37,194	$9.4m0.77%	0.77%	Reduced -1.2k	-1,180 -3.1%
25	SPDR SER TR BLOOMBERG 1-3 MO BIL	BIL	95,401	$8.8m0.72%	0.72%	Added +1.3k	+1,301 1.4%
26	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	171,843	$8.5m0.70%	0.70%	Reduced -43.8k	-43,793 -20.3%
27	SPDR SERIES TRUST PRTFLO S&P500 GW SPYG	SPYG	99,091	$8.0m0.65%	0.65%	Added +31.2k	+31,233 46.0%
28	SPDR DOW JONES INDL AVERAGE UT SER 1 DIA	DIA	19,962	$7.8m0.64%	0.64%	Reduced -306	-306 -1.5%
29	ISHARES TR 20 YR TR BD ETF TLT	TLT	83,114	$7.6m0.63%	0.63%	Added +4.0k	+3,953 5.0%
30	ISHARES TR RUS 1000 GRW ETF IWF	IWF	19,393	$7.1m0.58%	0.58%	Reduced -742	-742 -3.7%
31	EXXON MOBIL CORP COM XOM	XOM	61,195	$7.0m0.58%	0.58%	Reduced -8.9k	-8,882 -12.7%
32	ISHARES TR CORE US AGGBD ET AGG	AGG	71,012	$6.9m0.57%	0.57%	Reduced -15.1k	-15,130 -17.6%
33	ELI LILLY & CO COM LLY	LLY	7,332	$6.7m0.55%	0.55%	New
34	FIRST TR HIGH YIELD OPPRT 20 COM FTHY	FTHY	462,611	$6.6m0.54%	0.54%	Reduced -50.5k	-50,544 -9.8%
35	ALPHABET INC CAP STK CL C GOOG	GOOG	35,990	$6.6m0.54%	0.54%	Reduced -56	-56 -0.2%
36	APOLLO COML REAL EST FIN INC COM ARI	ARI	673,350	$6.6m0.54%	0.54%	Added +3.2k	+3,250 0.5%
37	EATON VANCE LTD DURATION INC COM XEVVX	XEVVX	665,996	$6.5m0.53%	0.53%	Reduced -25.4k	-25,365 -3.7%
38	SPDR INDEX SHS FDS PORTFOLIO DEVLPD SPDW	SPDW	184,852	$6.5m0.53%	0.53%	Added +5.2k	+5,236 2.9%
39	VIRTUS DIVIDEND INTEREST & P COM NFJ	NFJ	515,604	$6.4m0.52%	0.52%	Reduced -55.4k	-55,436 -9.7%
40	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	142,115	$6.2m0.51%	0.51%	Reduced -27.8k	-27,782 -16.4%
41	ISHARES TR CORE S&P SCP ETF IJR	IJR	55,917	$6.0m0.49%	0.49%	Reduced -8.2k	-8,151 -12.7%
42	SCHWAB STRATEGIC TR FUNDAMENTAL US L FNDX	FNDX	88,560	$5.9m0.49%	0.49%	Added +4.0k	+3,953 4.7%
43	WORLD GOLD TR SPDR GLD MINIS GLDM	GLDM	127,765	$5.9m0.48%	0.48%	Added +25.0k	+24,972 24.3%
44	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	21,517	$5.8m0.47%	0.47%	Added +246	+246 1.2%
45	BROADCOM INC COM AVGO	AVGO	3,584	$5.7m0.47%	0.47%	New
46	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	31,463	$5.7m0.47%	0.47%	Reduced -9.6k	-9,642 -23.5%
47	ARES COML REAL ESTATE CORP COM ACRE	ACRE	789,741	$5.2m0.43%	0.43%	Added +57.1k	+57,063 7.8%
48	ISHARES TR CORE MSCI EAFE IEFA	IEFA	72,407	$5.2m0.43%	0.43%	Added +7.6k	+7,570 11.7%
49	TRICO BANCSHARES COM TCBK	TCBK	130,680	$5.2m0.42%	0.42%	Reduced -26.7k	-26,746 -17.0%
50	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	16,869	$5.1m0.42%	0.42%	Reduced -727	-727 -4.1%
51	J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM JEPI	JEPI	90,305	$5.1m0.42%	0.42%	Reduced -1.4k	-1,377 -1.5%
52	WALMART INC COM WMT	WMT	75,618	$5.1m0.42%	0.42%	Reduced -16.3k	-16,285 -17.7%
53	ISHARES TR CORE S&P MCP ETF IJH	IJH	85,644	$5.0m0.41%	0.41%	Added +1.3k	+1,297 1.5%
54	SPDR SERIES TRUST PRTFLO S&P500 VL SPYV	SPYV	102,339	$5.0m0.41%	0.41%	Reduced -11.3k	-11,252 -9.9%
55	ZACKS TRUST SMALL/MID CAP SMIZ	SMIZ	156,160	$4.8m0.39%	0.39%	Added +31.9k	+31,902 25.7%
56	PULTE GROUP INC COM PHM	PHM	42,755	$4.7m0.39%	0.39%	Added +288	+288 0.7%
57	TORTOISE ENERGY INFRA CORP COM TYG	TYG	131,973	$4.6m0.38%	0.38%	Reduced -18.8k	-18,788 -12.5%
58	COSTCO WHSL CORP NEW COM COST	COST	5,145	$4.4m0.36%	0.36%	New
59	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	146,299	$4.3m0.36%	0.36%	Reduced -6.2k	-6,186 -4.1%
60	MERCK & CO INC COM MRK	MRK	33,875	$4.3m0.35%	0.35%	Added +244	+244 0.7%
61	PROCTER AND GAMBLE CO COM PG	PG	25,603	$4.2m0.35%	0.35%	Added +726	+726 2.9%
62	IDEXX LABS INC COM IDXX	IDXX	8,571	$4.2m0.34%	0.34%	New
63	GRANITE PT MTG TR INC COM STK COM STK		1,351,276	$4.0m0.33%	0.33%	Added +104.9k	+104,867 8.4%
64	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	156,119	$4.0m0.32%	0.32%	Reduced -14.5k	-14,467 -8.5%
65	BLACKROCK MUNIYILD QULT FD I COM MQY	MQY	318,800	$3.9m0.32%	0.32%	Reduced -7.5k	-7,500 -2.3%
66	NUVEEN AMT FREE QLTY MUN INC COM XNEAX	XNEAX	332,814	$3.8m0.31%	0.31%	Added +1.9k	+1,915 0.6%
67	ISHARES TR RUS 1000 VAL ETF IWD	IWD	21,517	$3.7m0.31%	0.31%	Added +5.5k	+5,494 34.3%
68	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	21,738	$3.7m0.30%	0.30%	Reduced -484	-484 -2.2%
69	ISHARES TR GLOBAL TECH ETF IXN	IXN	44,168	$3.7m0.30%	0.30%	Reduced -836	-836 -1.9%
70	CASEYS GEN STORES INC COM CASY	CASY	9,628	$3.6m0.30%	0.30%	New
71	ISHARES TR CORE DIV GRWTH DGRO	DGRO	63,333	$3.6m0.30%	0.30%	Added +18.5k	+18,456 41.1%
72	ISHARES TR CORE TOTAL USD IUSB	IUSB	76,803	$3.5m0.29%	0.29%	Reduced -2.2k	-2,190 -2.8%
73	ADVENT CONV & INCOME FD COM AVK	AVK	291,784	$3.5m0.28%	0.28%	Reduced -35.5k	-35,530 -10.9%
74	BLACKROCK ENHANCED INTL DIV COM BENE INTER XBGYX	XBGYX	620,261	$3.4m0.28%	0.28%	Reduced -85.1k	-85,051 -12.1%
75	BLACKSTONE MTG TR INC COM CL A BXMT	BXMT	185,335	$3.2m0.27%	0.27%	Added +49.1k	+49,118 36.1%
76	PIMCO ETF TR ENHAN SHRT MA AC MINT	MINT	31,681	$3.2m0.26%	0.26%	Added +1.6k	+1,628 5.4%
77	GLOBAL NET LEASE INC COM NEW GNL	GNL	284,419	$3.2m0.26%	0.26%	Added +76.4k	+76,364 36.7%
78	ISHARES TR GLOBAL FINLS ETF IXG	IXG	36,096	$3.1m0.25%	0.25%	Added +41	+41 0.1%
79	ISHARES TR EAFE GRWTH ETF EFG	EFG	30,065	$3.1m0.25%	0.25%	Added +9.7k	+9,717 47.8%
80	ISHARES INC CORE MSCI EMKT IEMG	IEMG	57,399	$3.1m0.25%	0.25%	Added +4.5k	+4,489 8.5%
81	BONDBLOXX ETF TRUST BLOOMBERG SIX MN XHLF	XHLF	60,396	$3.0m0.25%	0.25%	Added +1.2k	+1,181 2.0%
82	LITHIA MTRS INC COM LAD	LAD	12,045	$3.0m0.25%	0.25%	Added +333	+333 2.8%
83	FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT LMBS	LMBS	63,044	$3.0m0.25%	0.25%	Added +3.1k	+3,061 5.1%
84	MICRON TECHNOLOGY INC COM MU	MU	22,403	$2.9m0.24%	0.24%	Added +1.3k	+1,251 5.9%
85	ISHARES TR MSCI EAFE ETF EFA	EFA	37,587	$2.9m0.24%	0.24%	Added +1.8k	+1,832 5.1%
86	NUVEEN NASDAQ 100 DYNAMIC OV COM SHS QQQX	QQQX	117,077	$2.9m0.24%	0.24%	Reduced -221	-221 -0.2%
87	J P MORGAN EXCHANGE TRADED F BETABULDRS JAPAN BBJP	BBJP	51,758	$2.9m0.24%	0.24%	Added +30.6k	+30,627 144.9%
88	ISHARES TR TIPS BD ETF TIP	TIP	27,104	$2.9m0.24%	0.24%	Reduced -857	-857 -3.1%
89	CROCS INC COM CROX	CROX	19,809	$2.9m0.24%	0.24%	New
90	FIRST TR EXCHANGE-TRADED FD FIRST TR ENH NEW FTSM	FTSM	48,281	$2.9m0.24%	0.24%	Added +8.9k	+8,861 22.5%
91	INVESCO EXCH TRADED FD TR II S&P500 HDL VOL SPHD	SPHD	64,372	$2.9m0.23%	0.23%	Reduced -690	-690 -1.1%
92	VERIZON COMMUNICATIONS INC COM VZ	VZ	67,602	$2.8m0.23%	0.23%	Added +499	+499 0.7%
93	JOHNSON & JOHNSON COM JNJ	JNJ	19,057	$2.8m0.23%	0.23%	Reduced -1.5k	-1,534 -7.5%
94	VANGUARD INDEX FDS EXTEND MKT ETF VXF	VXF	16,369	$2.8m0.23%	0.23%	Added +4.0k	+4,027 32.6%
95	ISHARES TR GLOB HLTHCRE ETF IXJ	IXJ	29,264	$2.7m0.22%	0.22%	Added +378	+378 1.3%
96	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	26,684	$2.7m0.22%	0.22%	Reduced -1.8k	-1,764 -6.2%
97	SPDR SER TR PORTFOLIO S&P600 SPSM	SPSM	64,539	$2.7m0.22%	0.22%	Reduced -13.2k	-13,162 -16.9%
98	ISHARES TR GLOBAL REIT ETF REET	REET	114,185	$2.7m0.22%	0.22%	Added +2.1k	+2,063 1.8%
99	ISHARES SILVER TR ISHARES SLV	SLV	98,733	$2.6m0.22%	0.22%	Added +4.5k	+4,470 4.7%
100	MEDTRONIC PLC SHS MDT	MDT	33,215	$2.6m0.21%	0.21%	Added +8.1k	+8,053 32.0%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
ABBVIE INC ABBV	ABBV	385,299	$69.9m385.3k shares
HOME DEPOT INC HD	HD	20,781	$8.0m20.8k shares
JPMORGAN CHASE & CO JPM	JPM	33,088	$6.6m33.1k shares
META PLATFORMS INC META	META	13,678	$6.6m13.7k shares
EATON VANCE MUN BD FD EIM	EIM	306,000	$3.2m306.0k shares
BANK AMERICA CORP BAC	BAC	68,216	$2.6m68.2k shares
AMERICAN CENTY ETF TR AVUV	AVUV	23,918	$2.2m23.9k shares
SIMPLIFY EXCHANGE TRADED FUN HEQT	HEQT	77,894	$2.1m77.9k shares
ISHARES TR ESGU	ESGU	12,483	$1.4m12.5k shares
SHOPIFY INC SHOP	SHOP	11,778	$910.2k11.8k shares
JPMORGAN CHASE & CO AMJ	AMJ	26,511	$755.3k26.5k shares
TIMOTHY PLAN TPLC	TPLC	16,854	$709.7k16.9k shares
STRATEGY SHS SSUS	SSUS	17,253	$663.4k17.3k shares
GOLDMAN SACHS PHYSICAL GOLD AAAU	AAAU	26,353	$579.5k26.4k shares
INVESCO EXCHANGE TRADED FD T RSPH	RSPH	17,946	$570.5k17.9k shares
FIFTH THIRD BANCORP FITB	FITB	14,802	$550.8k14.8k shares
SELECT SECTOR SPDR TR XLF	XLF	12,484	$525.7k12.5k shares
GLOBAL X FDS ALTY	ALTY	35,408	$408.4k35.4k shares
TIMOTHY PLAN TPIF	TPIF	12,405	$338.0k12.4k shares
HUNTINGTON BANCSHARES INC HBAN	HBAN	24,043	$335.2k24.0k shares
TIMOTHY PLAN		13,104	$322.8k13.1k shares
ENERPLUS CORP ERF	ERF	14,063	$276.5k14.1k shares
CLEANSPARK INC CLSK	CLSK	12,909	$273.8k12.9k shares
RIVERNORTH DOUBLELINE STRATE OPP	OPP	26,417	$227.7k26.4k shares
EATON VANCE TX ADV GLBL DIV ETG	ETG	12,258	$223.7k12.3k shares