SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Janney Montgomery Scott LLC

CIK 0001329948 · 1717 ARCH STREET, PHILADELPHIA, PA, 19103 · 215-665-6000

Reported Value
$30.8B
Q4 2023
Positions
3,526
Filings on Record
31
2019–present window
Filed
Feb 8, 2024
original filing

Summary

Janney Montgomery Scott LLC reported $30.8B in U.S.-listed holdings across 3,526 positions for Q4 2023.

Its largest position, IVV, represents 3.7% of the portfolio.

Compared with Q3 2023, the fund opened 259 new positions and exited 191.

Portfolio Metrics

Turnover
+3.5%
vs prior filed quarter
Top-10 Concentration
+18.4%
share of reported value
Largest Position
+3.7%
Ishs Core Sp 500 Etf
New / Exited
259 / 191
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $10.4BQ4 ’18Q1 ’19: $12.2BQ2 ’19: $13.0BQ3 ’19: $13.7BQ4 ’19: $15.2BQ4 ’19Q1 ’20: $12.6BQ2 ’20: $15.8BQ3 ’20: $17.5BQ4 ’20: $20.7BQ4 ’20Q1 ’21: $20.6BQ2 ’21: $22.7BQ3 ’21: $23.4BQ4 ’21: $25.8BQ4 ’21Q1 ’22: $23.4BQ2 ’22: $22.1BQ3 ’22: $23.3BQ4 ’22: $25.7BQ4 ’22Q1 ’23: $24.5BQ2 ’23: $28.7BQ3 ’23: $26.8BQ4 ’23: $30.8BQ4 ’23Q1 ’24: $33.6BQ2 ’24: $32.8BQ3 ’24: $35.8BQ4 ’24: $36.1BQ4 ’24Q1 ’25: $35.3BQ2 ’25: $38.3BQ3 ’25: $42.2BQ4 ’25: $43.6BQ4 ’25Q1 ’26: $40.4Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 49.4%ETP: 47.2%REIT: 1.2%ADR: 1.1%Closed-End Fund: 0.6%Other: 0.6%
  • Common Stock · 49.4% · $15.2B
  • ETP · 47.2% · $14.5B
  • REIT · 1.2% · $374M
  • ADR · 1.1% · $330M
  • Closed-End Fund · 0.6% · $174M
  • Other · 0.6% · $191M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
JNJJOHNSON JOHNSONNEW+1.23M1.23M+$193M$193M
UNHUNITEDHEALTH GROUP INCNEW+330.0K330.0K+$174M$174M
BLACKROCK INCNEW+101.7K101.7K+$83M$83M
IYWISHS US TECH ETFNEW+660.6K660.6K+$81M$81M
GSLCGS ACTIVEBETA LGCP ETFNEW+533.2K533.2K+$50M$50M
GLDSPDR GOLD TRUST GOLD ETFNEW+220.8K220.8K+$42M$42M
TATT INCNEW+2.31M2.31M+$39M$39M
MMM3M COMPANYNEW+351.0K351.0K+$38M$38M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

386 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVVISHS CORE SP 500 ETFhistory →ETF/Closed End3.67%$1.1B2.37M
2AAPLAPPLE INChistory →Common Stock2.94%$906M4.71M
3MSFTMICROSOFT CORPhistory →Common Stock2.54%$783M2.08M
4XLVHLTHCR SEL SECT SPDR ETFhistory →ETF/Closed End1.98%$611M4.48M
5XLKTECH SEL SECT SPDR ETFhistory →ETF/Closed End1.93%$596M3.09M
6AMZNAMAZONCOM INChistory →Common Stock1.19%$366M2.41M
7VEUVNGRD FTSE ALL WORLD ETFhistory →ETF/Closed End1.16%$356M6.34M
8QQQINV QQQ ETFhistory →ETF/Closed End1.01%$310M756.8K
9XLCSELECT COMMN SVC SEL ETFhistory →ETF/Closed End0.99%$306M4.21M
10VPLVNGRD FTSE PACIFIC ETFhistory →ETF/Closed End0.98%$301M4.18M
11JPMJPMORGAN CHASE COhistory →Common Stock0.95%$293M1.72M
12XLPCONS STPLS SEL SPDR ETFhistory →ETF/Closed End0.92%$284M3.95M
13ISHS CORE TTL USD BD ETFETF/Closed End-0.89%$273M5.92M
14TLTISHS 20 TRSY ETFhistory →ETF/Closed End-0.88%$270M2.73M
15SPYSPDR SP 500 ETFETF/Closed End0.87%$269M908.0K
16IEIISHS 37Y TRSY ETFhistory →ETF/Closed End-0.81%$249M2.13M
17NVDANVIDIA CORPhistory →Common Stock0.79%$244M492.8K
18XLYCONS DSCR SEL SPDR ETFhistory →ETF/Closed End0.78%$241M1.35M
19IWFISHS RUSS 1000 GRW ETFhistory →ETF/Closed End0.77%$236M779.7K
20GOOGLALPHABET INC Ahistory →Common Stock0.75%$232M1.66M
21AVGOBROADCOM INChistory →Common Stock0.71%$219M196.0K
22VVISA INC CL Ahistory →Common Stock0.69%$213M817.9K
23VYMVNGRD HGH DIV YLD ETFhistory →ETF/Closed End0.65%$202M1.81M
24QUALISHS MSCI USA QLTY ETFhistory →ETF/Closed End0.64%$197M1.34M
25MRKMERCK COMPANY INC NEWhistory →Common Stock0.60%$185M1.70M
26JNJJOHNSON JOHNSONhistory →Common Stock0.60%$185M1.18M
27BRK/BBERKSHIRE HATHAWAY B NEWhistory →Common Stock0.57%$177M496.6K
28VEAVNGRD FTSE DEV MKTS ETFhistory →ETF/Closed End0.56%$174M3.63M
29UNHUNITEDHEALTH GROUP INChistory →Common Stock0.56%$174M329.6K
30GOOGALPHABET INC Chistory →Common Stock0.52%$161M1.14M
31CVXCHEVRON CORPhistory →Common Stock0.51%$156M1.05M
32VONGVNGRD RUS1000 GRW IN ETFhistory →ETF/Closed End0.50%$155M1.99M
33TFLOISHR TREAS FLTG BOND ETFhistory →ETF/Closed End-0.50%$155M3.06M
34ABBVABBVIE INChistory →Common Stock0.49%$150M970.8K
35HDHOME DEPOT INChistory →Common Stock0.48%$148M427.4K
36CMCSACOMCAST CORP A NEWhistory →Common Stock0.48%$147M3.35M
37LLYELI LILLY COhistory →Common Stock0.47%$145M248.9K
38PGPROCTER GAMBLE COhistory →Common Stock0.47%$145M986.5K
39PEPPEPSICO INChistory →Common Stock0.46%$140M827.1K
40SDYSPDR SP DIVIDEND ETFhistory →ETF/Closed End0.45%$139M1.11M
41VOOVNGRD SP 500 ETFhistory →ETF/Closed End0.45%$138M316.1K
42EFVISHS MSCI EAFE VAL ETFhistory →ETF/Closed End0.43%$134M2.57M
43IEFISHS 710Y TRSY ETFhistory →ETF/Closed End-0.43%$131M1.36M
44RSPINV SP 500 EQUAL ETFhistory →ETF/Closed End0.42%$130M826.0K
45EXMOCEXXON MOBIL CORPhistory →Common Stock0.42%$130M1.30M
46METAMETA PLATFORMS INC Ahistory →Common Stock0.42%$128M362.6K
47CSCOCISCO SYSTEMS INChistory →Common Stock0.41%$126M2.50M
48VONVVNGRD RUS1000 VL IN ETFhistory →ETF/Closed End0.41%$126M1.74M
49JEPIJPM EQTY PREM INCM ETFhistory →ETF/Closed End0.40%$125M2.26M
50WMTWALMART INChistory →Common Stock0.40%$123M777.9K
51VCITVNGRD INTRM CORP BD ETFhistory →ETF/Closed End-0.39%$120M1.47M
52VGTVNGRD INFO TECH ETFhistory →ETF/Closed End0.38%$117M242.2K
53MAMASTERCARD INC Ahistory →Common Stock0.38%$116M271.6K
54BBUSJPM BETABUILDERS US ETFETF/Closed End0.37%$114M1.44M
55MBBISHS MBS ETFhistory →ETF/Closed End-0.37%$113M1.20M
56XLUUTILS SEL SECT SPDR ETFhistory →ETF/Closed End0.36%$112M1.76M
57IEFAISHS CORE MSCI EAFE ETFhistory →ETF/Closed End0.35%$108M1.54M
58ETNEATON CORP PLChistory →Common Stock0.32%$100M415.8K
59IBMINTL BUSINESS MACHS CORPhistory →Common Stock0.31%$94M575.6K
60MCDMCDONALDS CORPhistory →Common Stock0.30%$94M317.0K
61VOVNGRD MID CAP ETFhistory →ETF/Closed End0.29%$91M389.4K
62TSLATESLA INChistory →Common Stock0.29%$89M359.0K
63EFGISHS MSCI EAFE GRW ETFhistory →ETF/Closed End0.28%$87M895.6K
64UPSUPS INC Bhistory →Common Stock0.28%$87M550.5K
65SPYGSPDR SP 500 GROWTH ETFhistory →ETF/Closed End0.27%$84M1.30M
66BXBLACKSTONE INC Ahistory →Common Stock0.27%$82M628.1K
67MDTMEDTRONIC PLChistory →Common Stock0.26%$81M987.1K
68IYWISHS US TECH ETFhistory →ETF/Closed End0.26%$81M660.6K
69RTXRTX CORPhistory →Common Stock0.26%$81M963.0K
70VIGVNGRD DIV APPREC ETFhistory →ETF/Closed End0.26%$80M472.3K
71BLACKROCK INCCommon Stock0.25%$77M94.9K
72PNCPNC FINL SVCS GROUP INChistory →Common Stock0.25%$77M496.5K
73BNDXVNGRD TTL INTL BD ETFhistory →ETF/Closed End-0.24%$75M1.52M
74COWZPACER US CASH COWS ETFhistory →ETF/Closed End0.24%$75M1.44M
75IJRISHS CORE SP SMCP ETFhistory →ETF/Closed End0.24%$74M683.7K
76VHTVNGRD HEALTH CARE ETFhistory →ETF/Closed End0.24%$74M293.2K
77IWRISHS RUSS MDCP INDX ETFhistory →ETF/Closed End0.24%$73M940.5K
78VWOVNGRD FTSE EMG MKTS ETFhistory →ETF/Closed End0.24%$73M1.78M
79INTCINTEL CORPhistory →Common Stock0.24%$73M1.45M
80COSTCOSTCO WHOLESALE CORPhistory →Common Stock0.24%$73M110.6K
81NEENEXTERA ENERGY INChistory →Common Stock0.23%$72M1.19M
82PFEPFIZER INChistory →Common Stock0.23%$72M2.49M
83IXUSISHS CORE TTL INTL ETFhistory →ETF/Closed End0.23%$71M1.10M
84BACBANK AMERICA CORPhistory →Common Stock0.23%$70M2.09M
85PLDPROLOGIS INChistory →REIT0.23%$69M520.5K
86AMGNAMGEN INChistory →Common Stock0.22%$69M240.2K
87KOCOCA COLA COMPANYhistory →Common Stock0.22%$69M1.17M
88IJHISHS CORE SP MDCP ETFhistory →ETF/Closed End0.22%$69M247.8K
89CATCATERPILLAR INChistory →Common Stock0.22%$69M231.7K
90TMOTHERMO FISHER SCIENTIFIChistory →Common Stock0.22%$68M128.6K
91VZVERIZON COMMNS INChistory →Common Stock0.22%$67M1.79M
92ESGUISHS ESG AWARE MSCI ETFhistory →ETF/Closed End0.22%$67M634.8K
93IVWISHS SP 500 GRW IDX ETFhistory →ETF/Closed End0.21%$65M867.5K
94CVSCVS HEALTH CORPhistory →Common Stock0.21%$65M821.4K
95USMVISHS MSCI USA M VOL ETFhistory →ETF/Closed End0.21%$64M821.8K
96AGGISHS CORE US AGGR BD ETFhistory →ETF/Closed End-0.21%$64M640.0K
97EFAISHS MSCI EAFE INDX ETFhistory →ETF/Closed End0.21%$63M841.4K
98BABOEING COMPANYhistory →Common Stock0.21%$63M242.7K
99IEMGISHS CORE MSCI E/MKT ETFhistory →ETF/Closed End0.20%$63M1.24M
100DUKDUKE ENERGY CORP NEWhistory →Common Stock0.20%$61M624.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$40.4B2,740Apr 22, 202613F-HRchanges · EDGAR ↗
Q4 2025$43.6B2,909Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$42.2B2,852Oct 27, 202513F-HRchanges · EDGAR ↗
Q2 2025$38.3B2,698Jul 17, 202513F-HRchanges · EDGAR ↗
Q1 2025$35.3B2,664Apr 17, 202513F-HRchanges · EDGAR ↗
Q4 2024$36.1B2,679Jan 17, 202513F-HRchanges · EDGAR ↗
Q3 2024$35.8B2,652Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$32.8B2,599Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$33.6B2,712May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$30.8B3,526Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$26.8B3,364Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$28.7B2,626Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$24.5B2,452Apr 28, 202313F-HRchanges · EDGAR ↗
Q4 2022$25.7B2,556Feb 1, 202313F-HRchanges · EDGAR ↗
Q3 2022$23.3B3,183Oct 25, 202213F-HRchanges · EDGAR ↗
Q2 2022$22.1B2,952Aug 3, 202213F-HRchanges · EDGAR ↗
Q1 2022$23.4B2,227May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$25.8B2,360Jan 27, 202213F-HRchanges · EDGAR ↗
Q3 2021$23.4B3,035Oct 29, 202113F-HRchanges · EDGAR ↗
Q2 2021$22.7B2,240Jul 26, 202113F-HRchanges · EDGAR ↗
Q1 2021$20.6B2,158Apr 27, 202113F-HRchanges · EDGAR ↗
Q4 2020$20.7B2,217Jan 25, 202113F-HRchanges · EDGAR ↗
Q3 2020$17.5B2,059Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$15.8B1,985Jul 23, 202013F-HRchanges · EDGAR ↗
Q1 2020$12.6B1,870Apr 30, 202013F-HRchanges · EDGAR ↗
Q4 2019$15.2B2,055Jan 21, 202013F-HRchanges · EDGAR ↗
Q3 2019$13.7B2,035Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$13.0B2,035Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$12.2B1,992Apr 30, 2019RESTATEMENTchanges · EDGAR ↗
Q4 2018$10.4B1,932Feb 1, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.