SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Janney Montgomery Scott LLC

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

Reported Value
$35.3B
Q1 2025
Positions
2,664
Filings on Record
31
2019–present window
Filed
Apr 17, 2025
original filing

Summary

Janney Montgomery Scott LLC reported $35.3B in U.S.-listed holdings across 2,664 positions for Q1 2025.

Its largest position, AAPL, represents 2.9% of the portfolio.

Compared with Q4 2024, the fund opened 229 new positions and exited 244.

Portfolio Metrics

Turnover
+7.8%
vs prior filed quarter
Top-10 Concentration
+16.9%
share of reported value
Largest Position
+2.9%
Apple
New / Exited
229 / 244
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: 49.5%ETP: 47.4%ADR: 1.0%REIT: 1.0%Closed-End Fund: 0.5%Other: 0.5%
  • Common Stock · 49.5% · $17.5B
  • ETP · 47.4% · $16.7B
  • ADR · 1.0% · $370M
  • REIT · 1.0% · $340M
  • Closed-End Fund · 0.5% · $192M
  • Other · 0.5% · $169M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BBUSJPM BETABLDRS U S EQ ETFNEW+3.17M3.17M+$320M$320M
KMBKIMBERLY CLARK CORPNEW+287.1K287.1K+$41M$41M
NOCNORTHROP GRUMMAN CORPNEW+64.6K64.6K+$33M$33M
BLVVNGRD LNG TRM BD IDX ETFNEW+456.7K456.7K+$32M$32M
BABOEING COMPANYNEW+141.9K141.9K+$24M$24M
AZNNASTRAZENECA PLC ADRNEW+298.3K298.3K+$22M$22M
VICIVICI PROPERTIES INCNEW+521.0K521.0K+$17M$17M
VFLOVICTORY F/CASH FLOW ETFNEW+390.8K390.8K+$13M$13M

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

Holdings — Q1 2025

500 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →Common Stock2.92%$1.0B4.64M
2IVVISHS CORE SP 500 ETFhistory →ETF/Closed End2.47%$873M1.55M
3MSFTMICROSOFT CORPhistory →Common Stock2.22%$784M2.09M
4XLKTECH SEL SECT SPDR ETFhistory →ETF/Closed End1.51%$534M2.58M
5XLVHLTHCR SEL SECT SPDR ETFhistory →ETF/Closed End1.43%$504M3.45M
6AMZNAMAZONCOM INChistory →Common Stock1.37%$483M2.54M
7NVDANVIDIA CORPhistory →Common Stock1.33%$470M4.34M
8XLFFINL SEL SECT SPDR ETFhistory →ETF/Closed End1.32%$467M9.38M
9JPMJPMORGAN CHASE COhistory →Common Stock1.21%$426M1.73M
10ISHS CORE TTL USD BD ETFETF/Closed End-1.13%$398M8.63M
11QQQINV QQQ ETFhistory →ETF/Closed End1.11%$393M838.6K
12SPYSPDR SP 500 ETFhistory →ETF/Closed End0.91%$321M574.1K
13BBUSJPM BETABLDRS U S EQ ETFhistory →ETF/Closed End0.91%$320M3.17M
14VPLVNGRD FTSE PACIFIC ETFhistory →ETF/Closed End0.81%$287M3.96M
15IWFISHS RUSS 1000 GRW ETFhistory →ETF/Closed End0.81%$286M792.3K
16VVISA INC CL Ahistory →Common Stock0.81%$286M815.1K
17GOOGLALPHABET INC Ahistory →Common Stock0.80%$284M1.84M
18AVGOBROADCOM INChistory →Common Stock0.79%$280M1.67M
19QUALISHS MSCI USA QLTY ETFhistory →ETF/Closed End0.75%$265M1.55M
20BRK/BBERKSHIRE HATHAWAY INC Bhistory →Common Stock0.73%$258M485.3K
21METAMETA PLATFORMS INC Ahistory →Common Stock0.73%$256M444.2K
22XLYCONS DSCR SEL SPDR ETFhistory →ETF/Closed End0.71%$249M1.26M
23VEUVNGRD FTSE ALL WORLD ETFhistory →ETF/Closed End0.69%$245M4.03M
24XLCCOMM SVCS SEL SPDR ETFhistory →ETF/Closed End0.69%$244M2.53M
25LLYELI LILLY COhistory →Common Stock0.69%$242M292.9K
26VYMVNGRD HIGH DIV YLD ETFhistory →ETF/Closed End0.67%$235M1.82M
27XLPCONS STPLS SEL SPDR ETFhistory →ETF/Closed End0.65%$230M2.82M
28JNJJOHNSON JOHNSONhistory →Common Stock0.63%$223M1.34M
29IVWISHS SP 500 GRWTH ETFhistory →ETF/Closed End0.63%$221M2.38M
30IEIISHS 37Y TRSY BD ETFhistory →ETF/Closed End-0.61%$214M1.81M
31WMTWALMART INChistory →Common Stock0.58%$205M2.33M
32CVXCHEVRON CORPhistory →Common Stock0.57%$203M1.21M
33VOOVNGRD SP 500 ETFhistory →ETF/Closed End0.56%$198M385.1K
34ABBVABBVIE INChistory →Common Stock0.55%$194M927.7K
35VEAVNGRD FTSE DEV MKTS ETFhistory →ETF/Closed End0.53%$186M3.66M
36EXMOCEXXON MOBIL CORPhistory →Common Stock0.53%$186M1.56M
37DYNFISHS US EQ FCTR ROTN ETFhistory →ETF/Closed End0.52%$184M3.77M
38IVEISHS SP 500 VALUE ETFhistory →ETF/Closed End0.50%$176M921.5K
39MRKMERCK COMPANY INChistory →Common Stock0.48%$169M1.89M
40PGPROCTER GAMBLE COhistory →Common Stock0.47%$166M975.9K
41MAMASTERCARD INC Ahistory →Common Stock0.46%$161M293.0K
42HDHOME DEPOT INChistory →Common Stock0.45%$160M436.2K
43VCSHVNGRD SHRT TRM CORP ETFhistory →ETF/Closed End-0.45%$159M2.01M
44IGVISHS EXP TECH SFTWR ETFhistory →ETF/Closed End0.43%$151M1.70M
45UNHUNITEDHEALTH GROUP INChistory →Common Stock0.43%$150M286.9K
46VONGVNGRD RUS1000 GRW IN ETFhistory →ETF/Closed End0.42%$150M1.62M
47IBMINTL BUSINESS MACHS CORPhistory →Common Stock0.42%$148M594.7K
48CMCSACOMCAST CORP A NEWhistory →Common Stock0.42%$147M3.99M
49EFVISHS MSCI EAFE VAL ETFhistory →ETF/Closed End0.41%$144M2.44M
50JEPIJPM EQTY PREM INCM ETFhistory →ETF/Closed End0.40%$142M2.48M
51PEPPEPSICO INChistory →Common Stock0.39%$136M908.8K
52VGTVNGRD INFO TECH ETFhistory →ETF/Closed End0.38%$136M250.0K
53VONVVNGRD RUS1000 VL IN ETFhistory →ETF/Closed End0.38%$133M1.61M
54AMGNAMGEN INChistory →Common Stock0.36%$128M411.6K
55ETNEATON CORP PLChistory →Common Stock0.35%$123M451.5K
56TLHISHS 1020 TRSRY ETFhistory →ETF/Closed End-0.35%$122M1.18M
57MCDMCDONALDS CORPhistory →Common Stock0.33%$118M378.3K
58MBBISHS MBS ETFhistory →ETF/Closed End-0.33%$117M1.25M
59RTXRTX CORPhistory →Common Stock0.33%$116M879.1K
60TLTISHS 20 TRSY BD ETFhistory →ETF/Closed End-0.33%$116M1.27M
61KOCOCA COLA COMPANYhistory →Common Stock0.32%$114M1.60M
62COSTCOSTCO WHOLESALE CORPhistory →Common Stock0.32%$112M118.6K
63MDTMEDTRONIC PLChistory →Common Stock0.31%$109M1.22M
64IXUSISHS CORE TTL INTL ETFhistory →ETF/Closed End0.31%$108M1.55M
65CSCOCISCO SYSTEMS INChistory →Common Stock0.31%$108M1.74M
66JCPBJPM CORE PLUS BOND ETFhistory →ETF/Closed End-0.30%$106M2.25M
67VIGVNGRD DIV APPRC IDX ETFhistory →ETF/Closed End0.30%$105M542.3K
68QCOMQUALCOMM INChistory →Common Stock0.30%$105M681.8K
69RSPINV SP500 EQL WGHT ETFhistory →ETF/Closed End0.30%$105M604.1K
70NEENEXTERA ENERGY INChistory →Common Stock0.29%$104M1.46M
71IEFISHS 710Y TRSY ETFhistory →ETF/Closed End-0.29%$103M1.08M
72VCITVNGRD INTRM CORP BD ETFhistory →ETF/Closed End-0.29%$102M1.25M
73PNCPNC FINL SVCS GROUP INChistory →Common Stock0.29%$101M576.9K
74IEMGISHS CORE MSCI E/MKT ETFhistory →ETF/Closed End0.28%$98M1.81M
75JPM ACTIVE GRWTH ETFETF/Closed End0.27%$95M1.28M
76JAVAJPM ACTIVE VAL ETFhistory →ETF/Closed End0.27%$94M1.48M
77IEFAISHS CORE MSCI EAFE ETFhistory →ETF/Closed End0.26%$93M1.23M
78SDYSPDR SP DIVIDEND ETFhistory →ETF/Closed End0.26%$92M681.1K
79EFGISHS MSCI EAFE GRW ETFhistory →ETF/Closed End0.26%$92M923.2K
80VOVNGRD MID CAP ETFhistory →ETF/Closed End0.26%$92M356.1K
81HDVISHS CORE HIGH DIV ETFhistory →ETF/Closed End0.26%$91M753.1K
82BLKBLACKROCK FDG INChistory →Common Stock0.26%$91M96.3K
83APDAIR PDTS CHEMICALS INChistory →Common Stock0.26%$91M307.7K
84IWRISHS RUSS MDCP ETFhistory →ETF/Closed End0.26%$90M1.06M
85CBCHUBB LTDhistory →Common Stock0.25%$89M293.4K
86MTUMISHS USA MOMNTM FCTR ETFhistory →ETF/Closed End0.25%$88M436.6K
87BXBLACKSTONE INC Ahistory →Common Stock0.25%$88M628.4K
88VZVERIZON COMMNS INChistory →Common Stock0.25%$87M1.93M
89IYWISHS US TECH ETFhistory →ETF/Closed End0.25%$87M620.8K
90EMXCISHS E/MKT EX CHINA ETFhistory →ETF/Closed End0.25%$87M1.58M
91TSLATESLA INChistory →Common Stock0.24%$85M329.8K
92CATCATERPILLAR INChistory →Common Stock0.24%$84M255.6K
93PMPHILIP MORRIS INTL INChistory →Common Stock0.24%$84M529.8K
94IJRISHS CORE SP SMCP ETFhistory →ETF/Closed End0.23%$83M790.0K
95BNDXVNGRD TTL INTL BD ETFhistory →ETF/Closed End-0.23%$82M1.67M
96ABTABBOTT LABORATORIEShistory →Common Stock0.22%$79M596.1K
97DUKDUKE ENERGY CORPhistory →Common Stock0.22%$79M645.8K
98NFLXNETFLIX INChistory →Common Stock0.22%$79M84.3K
99IJHISHS CORE SP MDCP ETFhistory →ETF/Closed End0.22%$77M1.32M
100RDVYFT RISING DIV ACHIEV ETFhistory →ETF/Closed End0.21%$75M1.27M

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 ↗.