BI
Bell Investment Advisors, Inc — 13F Portfolio Analysis & Stock Picks (Q2 2026)
Bell Investment Advisors, IncCIK: 0001890149
Diversified strategyMomentum followerLong-term holder
Total reported value
$680.8M
Reporting period: 2026-06-30 · Number of holdings: 1820
Bell Investment Advisors, Inc disclosed 1820 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $680.8M and a quarterly turnover rate of 10.7%.
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Personality snowflake
- Concentration
- 17.6
- Portfolio Stability
- 10.71
- Momentum
- 100
- Sector conviction
- 58.32
- Diversification
- 100
- Sizing Uniformity
- 11.05
Bell Investment Advisors, Inc's disclosed holdings carry a Herfindahl concentration index of 0.044 — mathematically equivalent to about 23 equally-sized positions, well below its 1820 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 8.89), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 11% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim GBIL
-0.4% -$298.3K
Add MTUM
-11.8% $5.5M
Trim VGLT
-44.5% -$3.4M
Add FNDX
+1.1% $7.8M
Trim VMBS
+1.6% $658.3K
Trim TDTT
+2.9% $703.4K
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 1820 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | FNDX | Schwab Fndmntl US Lrg Co ETF | ETF-Other | 10.06% | +0.57% | +1.11% | |
| 2 | GBIL | Goldman Sachs Access Treasur | ETF-Commodities | 9.43% | -0.66% | -0.43% | |
| 3 | VMBS | Vanguard Mortgage-backed Sec | ETF-Other | 7.35% | -0.38% | +1.64% | |
| 4 | TDTT | Flexshares Iboxx 3-year Targ | ETF-Other | 7.22% | -0.36% | +2.85% | |
| 5 | TLT | Ishares 20+ Year Treasury Bd | ETF-Gov Bonds | 5.96% | +0.18% | +10.10% | |
| 6 | FNDF | Schwab Fndmn Intl Lrg Co ETF | ETF-Other | 5.09% | +0.16% | +1.86% | |
| 7 | MTUM | Ishares Msci USA Momentum Fa | ETF-Other | 3.92% | +0.61% | -11.78% | |
| 8 | SCHX | Schwab US Large-cap ETF | ETF-Other | 3.75% | +0.13% | -3.83% | |
| 9 | VTV | Vanguard Value ETF | ETF-Other | 2.85% | -0.20% | -10.28% | |
| 10 | FNDA | Schwab Fndmntl US Sm Co ETF | ETF-Other | 2.47% | +0.20% | -1.06% | |
| 11 | QUAL | Ishares Msci USA Quality Fac | ETF-Other | 2.34% | -0.09% | -10.49% | |
| 12 | SCHF | Schwab Intl Equity ETF | ETF-Other | 2.27% | +0.11% | +0.16% | |
| 13 | SPLV | Invesco S&p 500 Low Volatili | ETF-Large Cap & Growth | 1.84% | +0.04% | +6.76% | |
| 14 | SCHD | Schwab US Dvd Equity ETF | ETF-Other | 1.70% | -0.04% | +0.59% | |
| 15 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 1.61% | +0.01% | -9.53% | |
| 16 | AAPL | Apple Inc | Stock-Tech | 1.55% | +0.07% | -2.21% | |
| 17 | IQLT | Ishares Msci International Q | ETF-Other | 1.38% | -0.09% | -6.71% | |
| 18 | FNDE | Schwab Fndmntl Em Mrk Eq ETF | ETF-Other | 1.29% | +0.02% | +4.09% | |
| 19 | IJR | Ishares Core S&p Small-cap E | ETF-Small Cap | 1.27% | +0.12% | -1.14% | |
| 20 | SCHA | Schwab US Small-cap ETF | ETF-Other | 1.22% | +0.13% | -3.80% | |
| 21 | FNDC | Schwab Fndmnt Intl Sm Eq ETF | ETF-Other | 1.21% | +0.02% | +3.90% | |
| 22 | GSSC | Goldman Sachs Activebeta US | ETF-Commodities | 1.06% | +0.06% | -7.80% | |
| 23 | IDLV | Invesco S&p International De | ETF-Other | 0.94% | -0.15% | -8.95% | |
| 24 | AOR | Ishares Core 60/40 Balanced | ETF-Other | 0.78% | -0.05% | -7.60% | |
| 25 | SCHC | Schwab Intl Small-cap Equity | ETF-Other | 0.70% | -0.02% | +0.21% | |
| 26 | VTEC | Vanguard Ca Tax-ex Bond | ETF-Other | 0.69% | -0.03% | +1.28% | |
| 27 | ISCF | Ishares International Small | ETF-Other | 0.66% | -0.05% | -4.03% | |
| 28 | VIG | Vanguard Dividend Apprec ETF | ETF-Other | 0.65% | +0.01% | -1.91% | |
| 29 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 0.64% | +0.08% | -1.60% | |
| 30 | VGLT | Vanguard Long-term Treasury | ETF-Gov Bonds | 0.63% | -0.58% | -44.46% | |
| 31 | NVDA | Nvidia CORP | Stock-Tech | 0.57% | +0.04% | -0.67% | |
| 32 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 0.54% | +0.10% | +6.57% | |
| 33 | IVLU | Ishares Msci International V | ETF-Other | 0.42% | -0.14% | -22.94% | |
| 34 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.41% | -0.02% | +1.79% | |
| 35 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.41% | +0.03% | -0.07% | |
| 36 | PRF | Invesco Rafi US 1000 ETF | ETF-Other | 0.39% | +0.02% | -0.15% | |
| 37 | ESGV | Vanguard Esg US Stock ETF | ETF-Other | 0.38% | +0.04% | +0.44% | |
| 38 | VV | Vanguard Large-cap ETF | ETF-Other | 0.33% | +0.15% | +65.72% | |
| 39 | VSGX | Vanguard Esg Intl Stock ETF | ETF-Other | 0.31% | +0.02% | -2.97% | |
| 40 | CMF | Ishares California Muni Bond | ETF-Other | 0.30% | — | +6.49% | |
| 41 | USMV | Ishares Msci USA Min Vol Fac | ETF-Other | 0.30% | -0.26% | -45.00% | |
| 42 | MSFT | Microsoft CORP | Stock-Tech | 0.30% | -0.02% | -1.01% | |
| 43 | STIP | Ishares 0-5 Year Tips Bond E | ETF-Other | 0.29% | -0.20% | -36.67% | |
| 44 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.28% | +0.02% | -0.75% | |
| 45 | VSS | Vanguard Ftse All Wo X-us Sc | ETF-Other | 0.27% | — | +0.18% | |
| 46 | VB | Vanguard Small-cap ETF | ETF-Other | 0.26% | +0.01% | -1.51% | |
| 47 | PRFZ | Inv Rafi US 1500 Sm-usd Inc | ETF-Other | 0.26% | +0.02% | -4.53% | |
| 48 | BND | Vanguard Total Bond Market | ETF-Other | 0.26% | -0.02% | +0.58% | |
| 49 | SCHE | Schwab Emrg Mrkts Eqty ETF | ETF-Other | 0.25% | -0.02% | -8.81% | |
| 50 | EFAV | Ishares Msci Eafe Min Vol Fa | ETF-Other | 0.23% | -0.03% | +0.87% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2%
Performance Last 4 Quarters
+16.8%
- Stdev
- +8.5%
- Beta
- +0.58
- Alpha
- +1.7%
- Max Drawdown
- -4.1%
- Annualized Perf
- +13.8%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +3
- Stutzer
- +0.45
- Treynor
- +0.23
- Sterling
- +1.02
- Calmar
- +3.32
- Information Ratio
- -1.01
- Tracking Error
- +6.7%
- Stdev Down
- +4.4%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +22.2%
- Worst 12 Months
- +5.3%
- Efficiency Ratio
- +0.58
- Sharpe
- +1.57
- Stdev Sectors
- +9.7%
- Skewness
- -0.32
- Kurtosis
- -0.33
- Upside Potential
- +4.57
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 1820 | $680.8M | 11 | ||
| 2026 Q1 | 1860 | $639.2M | 7 | ||
| 2025 Q4 | 1802 | $632.3M | 6 | ||
| 2025 Q3 | 1876 | $611.9M | 15 | ||
| 2025 Q2 | 1879 | $581.6M | 0 | ||
| 2025 Q1 | 1904 | $541.2M | 0 | ||
| 2024 Q4 | 1900 | $535.2M | 0 | ||
| 2024 Q3 | 1878 | $545.2M | 0 | ||
| 2024 Q2 | 1943 | $509.4M | 0 | ||
| 2024 Q1 | 1910 | $511.7M | 0 | ||
| 2023 Q4 | 1908 | $487.4M | 0 | ||
| 2023 Q3 | 1923 | $446.4M | 0 | ||
| 2023 Q2 | 1916 | $450.7M | 0 | ||
| 2023 Q1 | 1909 | $427.4M | 0 | ||
| 2022 Q4 | 1936 | $401.6M | 0 | ||
| 2022 Q3 | 1892 | $322.0M | 0 | ||
| 2022 Q2 | 1879 | $325.9M | 0 | ||
| 2021 Q4 | 1826 | $364.5M | 0 | ||
| 2021 Q3 | 1868 | $337.9M | 0 |
Holding changes this quarter
Bell Investment Advisors, Inc's most significant position changes for 2026-06-30: New buy: Ishares Ibonds Dec 2034 ETF (IBTP); Sold out: Schwab US Aggregate Bond ETF (SCHZ); Sold out: Honeywell International Inc (HON); New buy: St Sr Utl Sl Se Spdr Etf-usd (XLU); Sold out: Vanguard Intermediate-term T (VGIT).
Showing top 200 changes by size (of 1937 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MTUM | Ishares Msci USA Momentum Fa | +0.6% | -11.78% | Trim |
| 2 | FNDX | Schwab Fndmntl US Lrg Co ETF | +0.6% | +1.11% | Add |
| 3 | FNDA | Schwab Fndmntl US Sm Co ETF | +0.2% | -1.06% | Trim |
| 4 | IBTP | Ishares Ibonds Dec 2034 ETF | +0.2% | NEW | New buy |
| 5 | TLT | Ishares 20+ Year Treasury Bd | +0.2% | +10.10% | Add |
| 6 | FNDF | Schwab Fndmn Intl Lrg Co ETF | +0.2% | +1.86% | Add |
| 7 | VV | Vanguard Large-cap ETF | +0.2% | +65.72% | Add |
| 8 | SCHX | Schwab US Large-cap ETF | +0.1% | -3.83% | Trim |
| 9 | SCHA | Schwab US Small-cap ETF | +0.1% | -3.80% | Trim |
| 10 | IJR | Ishares Core S&p Small-cap E | +0.1% | -1.14% | Trim |
| 11 | SCHF | Schwab Intl Equity ETF | +0.1% | +0.16% | Add |
| 12 | GOOGL | Alphabet Inc-cl A | +0.1% | +6.57% | Add |
| 13 | GOOG | Alphabet Inc-cl C | +0.1% | -1.60% | Trim |
| 14 | SPTL | Ss Spdr Pf Lng Trm Tsy E-usd | +0.1% | +815.56% | Add |
| 15 | AAPL | Apple Inc | +0.1% | -2.21% | Trim |
| 16 | GSSC | Goldman Sachs Activebeta US | +0.1% | -7.80% | Trim |
| 17 | MU | Micron Technology Inc | +0.1% | +5.58% | Add |
| 18 | AMD | Advanced Micro Devices | +0.1% | +8.85% | Add |
| 19 | SPLV | Invesco S&p 500 Low Volatili | 0% | +6.76% | Add |
| 20 | NVDA | Nvidia CORP | 0% | -0.67% | Trim |
| 21 | ESGV | Vanguard Esg US Stock ETF | 0% | +0.44% | Add |
| 22 | INTC | Intel CORP | 0% | +4.29% | Add |
| 23 | SMH | Vaneck Semiconductor ETF | 0% | -2.87% | Trim |
| 24 | VOO | Vanguard S&p 500 ETF | 0% | -0.07% | Trim |
| 25 | SNDK | Sandisk CORP | 0% | -0.64% | Trim |
| 26 | AMAT | Applied Materials Inc | 0% | +0.17% | Add |
| 27 | VLUE | Ishares Msci USA Value Facto | 0% | -1.65% | Trim |
| 28 | FNDC | Schwab Fndmnt Intl Sm Eq ETF | 0% | +3.90% | Add |
| 29 | FNDE | Schwab Fndmntl Em Mrk Eq ETF | 0% | +4.09% | Add |
| 30 | PRF | Invesco Rafi US 1000 ETF | 0% | -0.15% | Trim |
| 31 | PRFZ | Inv Rafi US 1500 Sm-usd Inc | 0% | -4.53% | Trim |
| 32 | ESGU | Ishares Esg Aware Msci USA | 0% | +7.26% | Add |
| 33 | SPY | Ss Spdr S&p 500 ETF Trust-us | 0% | -0.75% | Trim |
| 34 | VSGX | Vanguard Esg Intl Stock ETF | 0% | -2.97% | Trim |
| 35 | QQQ | Invesco Qqq Trust Series 1 | 0% | — | Unchanged |
| 36 | SPYX | Ss Spdr S&p 500 Foss Fl ETF | 0% | +2.62% | Add |
| 37 | SHE | Ss Spdr Msci U Gend Div ETF | 0% | -0.62% | Trim |
| 38 | ABBV | Abbvie Inc | 0% | +5.56% | Add |
| 39 | LLY | Eli Lilly & Co | 0% | +8.96% | Add |
| 40 | LRCX | Lam Research CORP | 0% | +2.20% | Add |
| 41 | KEYS | Keysight Technologies In | 0% | +0.10% | Add |
| 42 | PANW | Palo Alto Networks Inc | 0% | +6.17% | Add |
| 43 | V | Visa Inc-class A Shares | 0% | +22.74% | Add |
| 44 | MRVL | Marvell Technology Inc | 0% | +1.75% | Add |
| 45 | AVGO | Broadcom Inc | 0% | -2.40% | Trim |
| 46 | KLAC | Kla CORP | 0% | +890.12% | Add |
| 47 | CSCO | Cisco Systems Inc | 0% | +17.76% | Add |
| 48 | GLW | Corning Inc | 0% | +0.30% | Add |
| 49 | SPMO | Invesco S&p 500 Momentum ETF | 0% | +0.13% | Add |
| 50 | GE | General Electric | 0% | +9.07% | Add |
1–50 of 200
Filing History
FAQ
What is Bell Investment Advisors, Inc and what type of investor is it?
Bell Investment Advisors, Inc is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $680.8M, spread across 1820 disclosed positions.
What are Bell Investment Advisors, Inc's largest equity positions?
Based on the latest 13F filing, Bell Investment Advisors, Inc's top holdings by market value are:
1. Schwab Fndmntl US Lrg Co ETF (FNDX) — $68.5M (10.1%)
2. Goldman Sachs Access Treasur (GBIL) — $64.2M (9.4%)
3. Vanguard Mortgage-backed Sec (VMBS) — $50.1M (7.3%)
4. Flexshares Iboxx 3-year Targ (TDTT) — $49.2M (7.2%)
5. Ishares 20+ Year Treasury Bd (TLT) — $40.5M (6.0%)
What changes did Bell Investment Advisors, Inc make in its most recent portfolio filing?
In the latest reported quarter, Bell Investment Advisors, Inc made 187 notable position adjustments: 4 new positions were initiated, 102 existing holdings were added to, 77 positions were partially reduced, and 4 were completely exited. The largest of these moves: New buy: Ishares Ibonds Dec 2034 ETF (IBTP); Sold out: Schwab US Aggregate Bond ETF (SCHZ); Sold out: Honeywell International Inc (HON); New buy: St Sr Utl Sl Se Spdr Etf-usd (XLU); Sold out: Vanguard Intermediate-term T (VGIT)
What sectors does Bell Investment Advisors, Inc focus on?
Bell Investment Advisors, Inc is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 37.3%
• Communication Services: 13.1%
• Industrials: 10.4%
• Financials: 9.5%
• Health Care: 8.3%
• Consumer Staples: 7.1%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
Bell Investment Advisors, Inc returned an annualized 13.8% over the trailing 36 months — outperforming the S&P 500 by 1.7 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.58 (less volatile than the market) and a 42% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 37.3% of the portfolio concentrated in Information Technology.
It has added to its FNDX position over the past two quarters (+$13.7M, now $68.5M), while trimming USMV over the same stretch (-$1.6M, still holding $2.0M).
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Developer Access
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