SF
Stifel Financial CORP 13F Filings & Institutional Holdings (Q2 2026)
Stifel Financial CORPCIK: 0000720672
Diversified strategyMomentum followerLong-term holder
Total reported value
$120.2B
Reporting period: 2026-06-30 · Number of holdings: 8946
STIFEL FINANCIAL CORP disclosed 8946 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $120.2B and a quarterly turnover rate of 19.6%.
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Personality snowflake
- Concentration
- 2.17
- Portfolio Stability
- 19.61
- Momentum
- 71.97
- Sector conviction
- 48.49
- Diversification
- 100
- Sizing Uniformity
- 56.27
Stifel Financial CORP's disclosed holdings carry a Herfindahl concentration index of 0.005 — mathematically equivalent to about 184 equally-sized positions, well below its 8946 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 4.37), 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 66% 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.govSold out HON
Trim APD
-71.4% -$339.8M
Add CSCO
-5.8% $445.2M
Add PANW
-2.7% $371.8M
Trim XOM
-29.0% -$270.5M
Trim MSFT
-3.5% -$66.9M
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
The filing depicts a quarter of light-touch pruning rather than directional repositioning: six of the eight largest moves were trims (CSCO, NVDA, AAPL, PANW, GOOGL, APD), one full exit (HON), and a lone add (AVGO), against a modest ~19.6% turnover across 3,702 positions. Notably, most trimmed mega-caps saw their weights rise anyway — CSCO from 0.96% to 1.24%, PANW from 0.32% to 0.60% — indicating price appreciation outran the share reductions. Mechanically this reads as rebalancing into strength, though the filing alone cannot confirm intent.
Macro & Fundamentals
These flows appear to line up with intra-tech capital rotation within the ongoing AI/semis leadership cycle — shaving NVDA, AAPL and GOOGL while adding AVGO suggests rotation inside the growth complex rather than de-risking out of it, and the 30.9% IT sleeve keeps the book anchored to that theme. This is an inference drawn from a single quarter covering roughly two-thirds of reported value, so the alignment should be treated as suggestive, not causal.
Blind Spots / Risks
The sharpest data-grounded risk is that the trims are largely cosmetic on a risk basis: because weights rose across nearly every trimmed mega-cap, net exposure to the crowded large-cap tech trade was barely reduced, leaving the portfolio vulnerable to any positioning squeeze in that cluster. With Utilities, Materials and Real Estate combining for just ~5.6%, there is little ballast if the IT complex — nearly a third of the book — corrects.
AI-assisted summary drawn from this institution's SEC EDGAR filings, covering historical data only. Not a substitute for professional investment advice — cross-check against the primary source filing below. View the original 2026-06-30 Form 13F filing on SEC.gov
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 8946 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 2.75% | +0.09% | -0.30% | |
| 2 | AAPL | Apple Inc | Stock-Tech | 2.65% | +0.07% | -0.34% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 2.00% | -0.27% | -3.46% | |
| 4 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 1.71% | +0.16% | -1.75% | |
| 5 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 1.67% | +0.09% | +2.23% | |
| 6 | AVGO | Broadcom Inc | Stock-Tech | 1.42% | +0.14% | +0.39% | |
| 7 | CSCO | Cisco Systems Inc | Stock-Tech | 1.24% | +0.28% | -5.82% | |
| 8 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.05% | +0.01% | +0.43% | |
| 9 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.01% | +0.12% | +1.72% | |
| 10 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-Large Cap & Growth | 0.98% | +0.01% | -2.66% | |
| 11 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 0.95% | +0.08% | +5.39% | |
| 12 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.94% | -0.07% | -0.77% | |
| 13 | IVW | Ishares S&p 500 Growth ETF | ETF-Large Cap & Growth | 0.93% | +0.17% | +12.07% | |
| 14 | V | Visa Inc-class A Shares | Stock-Financials | 0.91% | — | -3.22% | |
| 15 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.87% | -0.05% | -1.48% | |
| 16 | IEFA | Ishares Core Msci Eafe ETF | ETF-Other | 0.85% | -0.11% | -7.77% | |
| 17 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.79% | +0.13% | +0.99% | |
| 18 | ABBV | Abbvie Inc | Stock-Healthcare | 0.76% | +0.01% | -2.87% | |
| 19 | HD | Home Depot Inc | Stock-Consumer Disc | 0.75% | -0.01% | +2.74% | |
| 20 | PEP | Pepsico Inc | Stock-Consumer Staples | 0.70% | -0.21% | -1.61% | |
| 21 | IVE | Ishares S&p 500 Value ETF | ETF-Large Cap & Growth | 0.67% | +0.04% | +9.37% | |
| 22 | TXN | Texas Instruments Inc | Stock-Tech | 0.66% | +0.14% | -9.57% | |
| 23 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.65% | +0.07% | -2.78% | |
| 24 | IBM | Intl Business Machines CORP | Stock-Tech | 0.64% | +0.04% | +2.21% | |
| 25 | AGG | Ishares Core U.s. Aggregate | ETF-Other | 0.60% | -0.07% | +0.26% | |
| 26 | PANW | Palo Alto Networks Inc | Stock-Tech | 0.60% | +0.28% | -2.66% | |
| 27 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.58% | -0.15% | -11.39% | |
| 28 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.56% | -0.05% | +0.81% | |
| 29 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.56% | +0.13% | +25.59% | |
| 30 | APH | Amphenol Corp-cl A | Stock-Tech | 0.55% | +0.12% | +1.50% | |
| 31 | GLW | Corning Inc | Stock-Tech | 0.55% | +0.22% | -3.24% | |
| 32 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.55% | -0.03% | -2.96% | |
| 33 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.54% | -0.10% | -1.04% | |
| 34 | CAT | Caterpillar Inc | Stock-Industrials | 0.52% | +0.14% | +2.37% | |
| 35 | ETN | Eaton Corporation plc | Stock-Industrials | 0.50% | +0.03% | -1.38% | |
| 36 | VEA | Vanguard Ftse Developed ETF | ETF-Other | 0.50% | +0.02% | +3.74% | |
| 37 | LMT | Lockheed Martin CORP | Stock-Industrials | 0.49% | -0.18% | -2.54% | |
| 38 | IWF | Ishares Russell 1000 Growth | ETF-Other | 0.48% | -0.01% | +268.80% | |
| 39 | UNP | Union Pacific CORP | Stock-Industrials | 0.48% | — | -2.59% | |
| 40 | AMGN | Amgen Inc | Stock-Healthcare | 0.47% | -0.03% | -0.44% | |
| 41 | TSM | Taiwan Semiconductor-sp Adr | Stock-Tech | 0.47% | +0.13% | +6.19% | |
| 42 | CVX | Chevron CORP | Stock-Energy | 0.42% | -0.17% | -0.99% | |
| 43 | AMAT | Applied Materials Inc | Stock-Tech | 0.41% | +0.19% | -3.63% | |
| 44 | BIL | Ss Spdr Bb 1-3m T-bill ETF | ETF-Gov Bonds | 0.41% | +0.01% | +11.97% | |
| 45 | VMBS | Vanguard Mortgage-backed Sec | ETF-Other | 0.40% | +0.02% | +17.54% | |
| 46 | IEMG | Ishares Core Msci Emerging | ETF-Emerging Markets | 0.40% | +0.08% | +15.89% | |
| 47 | MDT | Medtronic plc | Stock-Healthcare | 0.39% | -0.07% | +5.30% | |
| 48 | GWW | Ww Grainger Inc | Stock-Industrials | 0.38% | +0.02% | -5.87% | |
| 49 | TJX | Tjx Companies Inc | Stock-Consumer Disc | 0.37% | -0.07% | -0.99% | |
| 50 | WM | Waste Management Inc | Stock-Industrials | 0.37% | -0.08% | -5.80% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+3.4%
Performance Last 4 Quarters
+18.2%
- Stdev
- +11%
- Beta
- +0.81
- Alpha
- -0.5%
- Max Drawdown
- -7.1%
- Annualized Perf
- +16.3%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +2.65
- Stutzer
- +0.41
- Treynor
- +0.19
- Sterling
- +1.05
- Calmar
- +2.29
- Information Ratio
- -1.07
- Tracking Error
- +4%
- Stdev Down
- +5.9%
- Winning Months %
- +72.2%
- Losing Months %
- +27.8%
- Best 12 Months
- +28.8%
- Worst 12 Months
- +5%
- Efficiency Ratio
- +0.56
- Sharpe
- +1.43
- Stdev Sectors
- +8%
- Skewness
- -0.28
- Kurtosis
- -0.19
- Upside Potential
- +4.19
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 8946 | $120.2B | 20 | ||
| 2026 Q1 | 8981 | $108.8B | 16 | ||
| 2025 Q4 | 9512 | $111.2B | 12 | ||
| 2025 Q3 | 9480 | $109.5B | 24 | ||
| 2025 Q2 | 9316 | $102.8B | 0 | ||
| 2025 Q1 | 9286 | $94.1B | 100 | ||
| 2024 Q4 | 9210 | $96.0B | 0 | ||
| 2024 Q3 | 9139 | $95.4B | 0 | ||
| 2024 Q2 | 9165 | $88.9B | 0 | ||
| 2024 Q1 | 9189 | $87.8B | 0 | ||
| 2023 Q4 | 8601 | $79.5B | 0 | ||
| 2023 Q3 | 8425 | $71.1B | 0 | ||
| 2023 Q2 | 8533 | $73.1B | 0 | ||
| 2023 Q1 | 8614 | $69.8B | 0 | ||
| 2022 Q4 | 8373 | $66.6B | 0 | ||
| 2022 Q3 | 8225 | $61.1B | 0 | ||
| 2022 Q2 | 8229 | $63.9B | 0 | ||
| 2022 Q1 | 8263 | $73.3B | 0 | ||
| 2021 Q4 | 8217 | $75.6B | 0 | ||
| 2021 Q3 | 7721 | $68.2B | 0 | ||
| 2021 Q2 | 7855 | $66.8B | 95 | ||
| 2021 Q1 | 7634 | $60.7B | 18 | ||
| 2020 Q4 | 7309 | $56.0B | 18 | ||
| 2020 Q3 | 7049 | $48.6B | 19 | ||
| 2020 Q2 | 7039 | $43.5B | 26 | ||
| 2020 Q1 | 7060 | $36.2B | 38 | ||
| 2019 Q4 | 7886 | $48.0B | 26 | ||
| 2019 Q3 | 7548 | $39.2B | 14 | ||
| 2019 Q2 | 7210 | $38.8B | 18 | ||
| 2019 Q1 | 7415 | $35.4B | 24 | ||
| 2018 Q4 | 6856 | $30.9B | 24 | ||
| 2018 Q3 | 7148 | $34.9B | 16 | ||
| 2018 Q2 | 7061 | $32.6B | 17 | ||
| 2018 Q1 | 7034 | $31.7B | 15 | ||
| 2017 Q4 | 6981 | $31.5B | 18 | ||
| 2017 Q3 | 6842 | $28.8B | 100 | ||
| 2017 Q2 | 5660 | $26.9B | 0 | ||
| 2017 Q1 | 6066 | $25.8B | 20 | ||
| 2016 Q4 | 5535 | $23.6B | 17 | ||
| 2016 Q3 | 5777 | $22.2B | 16 | ||
| 2016 Q2 | 8226 | $21.6B | 26 | ||
| 2016 Q1 | 6917 | $18.8B | 24 | ||
| 2015 Q4 | 7175 | $19.2B | 25 | ||
| 2015 Q3 | 5993 | $17.8B | 22 | ||
| 2015 Q2 | 5988 | $18.8B | 22 | ||
| 2015 Q1 | 5243 | $18.3B | 21 | ||
| 2014 Q4 | 5061 | $18.0B | 61 | ||
| 2014 Q3 | 3872 | $11.4B | 20 | ||
| 2014 Q2 | 3692 | $11.1B | 24 | ||
| 2014 Q1 | 3733 | $10.5B | 0 |
* 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.
Holding changes this quarter
Stifel Financial CORP's most significant position changes for 2026-06-30: Sold out: Honeywell International Inc (HON); New buy: ; New buy: ; New buy: ; New buy: Ish Intl Ctry Rot Act ETF (CORO).
Showing top 200 changes by size (of 3836 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | CSCO | Cisco Systems Inc | +0.3% | -5.82% | Trim |
| 2 | PANW | Palo Alto Networks Inc | +0.3% | -2.66% | Trim |
| 3 | MU | Micron Technology Inc | +0.2% | +18.17% | Add |
| 4 | GLW | Corning Inc | +0.2% | -3.24% | Trim |
| 5 | AMAT | Applied Materials Inc | +0.2% | -3.63% | Trim |
| 6 | IVW | Ishares S&p 500 Growth ETF | +0.2% | +12.07% | Add |
| 7 | ✓ | +0.2% | NEW | New buy | |
| 8 | ✓ | +0.2% | NEW | New buy | |
| 9 | GOOGL | Alphabet Inc-cl A | +0.2% | -1.75% | Trim |
| 10 | AVGO | Broadcom Inc | +0.1% | +0.39% | Add |
| 11 | TXN | Texas Instruments Inc | +0.1% | -9.57% | Trim |
| 12 | CAT | Caterpillar Inc | +0.1% | +2.37% | Add |
| 13 | LLY | Eli Lilly & Co | +0.1% | +0.99% | Add |
| 14 | IVV | Ishares Core S&p 500 ETF | +0.1% | +25.59% | Add |
| 15 | TSM | Taiwan Semiconductor-sp Adr | +0.1% | +6.19% | Add |
| 16 | MRVL | Marvell Technology Inc | +0.1% | -33.98% | Trim |
| 17 | AMD | Advanced Micro Devices | +0.1% | +2.26% | Add |
| 18 | GOOG | Alphabet Inc-cl C | +0.1% | +1.72% | Add |
| 19 | APH | Amphenol Corp-cl A | +0.1% | +1.50% | Add |
| 20 | LRCX | Lam Research CORP | +0.1% | +4.79% | Add |
| 21 | GE | General Electric | +0.1% | +35.77% | Add |
| 22 | NVDA | Nvidia CORP | +0.1% | -0.30% | Trim |
| 23 | AMZN | Amazon.com Inc | +0.1% | +2.23% | Add |
| 24 | VTWO | Vanguard Russell 2000 ETF | +0.1% | +53.38% | Add |
| 25 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -4.55% | Trim |
| 26 | VOO | Vanguard S&p 500 ETF | +0.1% | +5.39% | Add |
| 27 | IEMG | Ishares Core Msci Emerging | +0.1% | +15.89% | Add |
| 28 | IWD | Ishares Russell 1000 Value E | +0.1% | +24.30% | Add |
| 29 | XLK | Ss Technology Select Sector | +0.1% | +5.77% | Add |
| 30 | AAPL | Apple Inc | +0.1% | -0.34% | Trim |
| 31 | QQQ | Invesco Qqq Trust Series 1 | +0.1% | -2.78% | Trim |
| 32 | GEV | GE Vernova Inc | +0.1% | +4.98% | Add |
| 33 | UNH | Unitedhealth Group Inc | +0.1% | +0.68% | Add |
| 34 | STX | Seagate Technology Holdings plc | +0.1% | +15.42% | Add |
| 35 | RACE | Ferrari N.V. | +0.1% | +1307.72% | Add |
| 36 | VGT | Vanguard Info Tech ETF | +0.1% | +692.71% | Add |
| 37 | KLAC | Kla CORP | +0.1% | +898.31% | Add |
| 38 | ASML | ASML Holding N.V. | +0.1% | -14.08% | Trim |
| 39 | EMXC | Ishares Msci Emr Mrk Ex Chna | +0.1% | +26.79% | Add |
| 40 | INTC | Intel CORP | +0.1% | -22.68% | Trim |
| 41 | SPSM | Ss Spdr P S&p 600 Small Cap | +0.1% | +72.48% | Add |
| 42 | CRDO | Credo Technology Group Holding Ltd | +0.1% | -4.62% | Trim |
| 43 | IVE | Ishares S&p 500 Value ETF | 0% | +9.37% | Add |
| 44 | IBM | Intl Business Machines CORP | 0% | +2.21% | Add |
| 45 | MS | Morgan Stanley | 0% | +0.86% | Add |
| 46 | UBER | Uber Technologies Inc | 0% | +37.18% | Add |
| 47 | BHVN | Biohaven Ltd. | 0% | +0.00% | Add |
| 48 | DELL | Dell Technologies -c | 0% | -43.31% | Trim |
| 49 | TBIL | F/m US Treasury 3 Month Bill | 0% | +48.94% | Add |
| 50 | SHY | Ishares 1-3 Year Treasury Bo | 0% | +41.13% | Add |
1–50 of 200
Filing History
FAQ
What is Stifel Financial CORP and what type of investor is it?
Stifel Financial CORP 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 $120.2B, spread across 8946 disclosed positions.
What are Stifel Financial CORP's largest equity positions?
Based on the latest 13F filing, Stifel Financial CORP's top holdings by market value are:
1. Nvidia CORP (NVDA) — $3.3B (2.8%)
2. Apple Inc (AAPL) — $3.2B (2.6%)
3. Microsoft CORP (MSFT) — $2.4B (2.0%)
4. Alphabet Inc-cl A (GOOGL) — $2.1B (1.7%)
5. Amazon.com Inc (AMZN) — $2.0B (1.7%)
What changes did Stifel Financial CORP make in its most recent portfolio filing?
In the latest reported quarter, Stifel Financial CORP made 200 notable position adjustments: 7 new positions were initiated, 110 existing holdings were added to, 80 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Honeywell International Inc (HON); New buy: ; New buy: ; New buy: ; New buy: Ish Intl Ctry Rot Act ETF (CORO)
What sectors does Stifel Financial CORP focus on?
Stifel Financial CORP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 30.9%
• Industrials: 14.2%
• Financials: 11.9%
• Health Care: 10.8%
• Consumer Discretionary: 9.0%
• Consumer Staples: 7.1%
Investment Profile
Stifel Financial CORP returned an annualized 16.3% over the trailing 36 months — underperforming the S&P 500 by 0.5 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.81 (less volatile than the market) and a 39% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 30.9% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 20 over the past 4 quarters — a shift toward more active trading.
It has added to its CSCO position over the past two quarters (+$455.1M, now $1.5B), while trimming MSFT over the same stretch (-$994.4M, still holding $2.4B).
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Developer Access
Access Stifel Financial CORP's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/stifel-financial-corpCLI
npx alphasmo institutions get stifel-financial-corp