SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Janney Montgomery Scott LLC

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

Reported Value
$42.2B
Q3 2025
Positions
2,852
Filings on Record
31
2019–present window
Filed
Oct 27, 2025
original filing

Summary

Janney Montgomery Scott LLC reported $42.2B in U.S.-listed holdings across 2,852 positions for Q3 2025.

Its largest position, AAPL, represents 2.8% of the portfolio.

Compared with Q2 2025, the fund opened 309 new positions and exited 155.

Portfolio Metrics

Turnover
+3.6%
vs prior filed quarter
Top-10 Concentration
+17.2%
share of reported value
Largest Position
+2.8%
Apple
New / Exited
309 / 155
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: 49.2%ETP: 47.6%ADR: 1.1%REIT: 1.0%Closed-End Fund: 0.6%Other: 0.4%
  • Common Stock · 49.2% · $20.8B
  • ETP · 47.6% · $20.1B
  • ADR · 1.1% · $467M
  • REIT · 1.0% · $434M
  • Closed-End Fund · 0.6% · $271M
  • Other · 0.4% · $174M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGALPHABET INC CNEW+1.33M1.33M+$325M$325M
PFEPFIZER INCNEW+2.02M2.02M+$51M$51M
JPSTJPM ULT SHORT INCM ETFNEW+824.3K824.3K+$42M$42M
FLXRTCW FLEXIBLE INCOME ETFNEW+1.00M1.00M+$40M$40M
OREALTY INCOME CORPNEW+576.8K576.8K+$35M$35M
BDXBECTON DICKINSON CONEW+185.8K185.8K+$35M$35M
VVVNGRD LGCP ETFNEW+86.9K86.9K+$27M$27M
WFCWELLS FARGO CO NEWNEW+271.8K271.8K+$23M$23M

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

Holdings — Q3 2025

500 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →Common Stock2.77%$1.2B4.59M
2MSFTMICROSOFT CORPhistory →Common Stock2.59%$1.1B2.11M
3NVDANVIDIA CORPhistory →Common Stock1.99%$840M4.50M
4IVVISHS CORE SP 500 ETFhistory →ETF/Closed End1.90%$802M1.20M
5XLKTECH SEL SECT SPDR ETFhistory →ETF/Closed End1.59%$670M2.38M
6AMZNAMAZONCOM INChistory →Common Stock1.37%$579M2.64M
7AVGOBROADCOM INChistory →Common Stock1.34%$563M1.71M
8QQQINV QQQ ETFhistory →ETF/Closed End1.30%$548M912.4K
9JPMJPMORGAN CHASE COhistory →Common Stock1.27%$537M1.70M
10GOOGLALPHABET INC Ahistory →Common Stock1.06%$448M1.84M
11SPYSPDR SP 500 ETFhistory →ETF/Closed End1.02%$430M645.2K
12XLCCOMM SVCS SEL SPDR ETFhistory →ETF/Closed End0.97%$408M3.45M
13BBUSJPM BETABLDRS U S EQ ETFhistory →ETF/Closed End0.94%$397M3.29M
14XLFFINL SEL SECT SPDR ETFhistory →ETF/Closed End0.94%$397M7.36M
15XLVHLTHCR SEL SECT SPDR ETFhistory →ETF/Closed End0.85%$358M2.58M
16IWFISHS RUSS 1000 GRW ETFhistory →ETF/Closed End0.85%$358M763.4K
17METAMETA PLATFORMS INC Ahistory →Common Stock0.82%$347M472.7K
18ISHS CORE TTL USD BD ETFETF/Closed End-0.81%$340M7.29M
19GOOGALPHABET INC Chistory →Common Stock0.77%$325M1.33M
20XLYCONS DSCR SEL SPDR ETFhistory →ETF/Closed End0.69%$291M1.21M
21VEUVNGRD FTSE ALL WORLD ETFhistory →ETF/Closed End0.68%$289M4.05M
22DYNFISHS US EQ FCTR ROTN ETFhistory →ETF/Closed End0.66%$279M4.71M
23VVISA INC CL Ahistory →Common Stock0.64%$269M789.3K
24QUALISHS MSCI USA QLTY ETFhistory →ETF/Closed End0.62%$263M1.35M
25VYMVNGRD HIGH DIV YLD ETFhistory →ETF/Closed End0.62%$261M1.85M
26IVWISHS SP 500 GRWTH ETFhistory →ETF/Closed End0.62%$260M2.15M
27BRK/BBERKSHIRE HATHAWAY INC Bhistory →Common Stock0.60%$252M501.0K
28JNJJOHNSON JOHNSONhistory →Common Stock0.58%$245M1.32M
29VOOVNGRD SP 500 ETFhistory →ETF/Closed End0.57%$242M395.0K
30IGMISHS EXP TECH SECTOR ETFhistory →ETF/Closed End0.57%$241M1.91M
31WMTWALMART INChistory →Common Stock0.57%$239M2.32M
32LLYELI LILLY COhistory →Common Stock0.56%$236M309.3K
33XLPCONS STPLS SEL SPDR ETFhistory →ETF/Closed End0.53%$224M2.85M
34ABBVABBVIE INChistory →Common Stock0.53%$222M960.2K
35IVEISHS SP 500 VALUE ETFhistory →ETF/Closed End0.52%$220M1.07M
36VEAVNGRD FTSE DEV MKTS ETFhistory →ETF/Closed End0.51%$216M3.60M
37IEIISHS 37Y TRSY BD ETFhistory →ETF/Closed End-0.51%$214M1.79M
38IEMGISHS CORE MSCI E/MKT ETFhistory →ETF/Closed End0.50%$211M3.20M
39EFVISHS MSCI EAFE VAL ETFhistory →ETF/Closed End0.50%$211M3.11M
40VGTVNGRD INFO TECH ETFhistory →ETF/Closed End0.48%$201M269.7K
41VONGVNGRD RUS1000 GRW IN ETFhistory →ETF/Closed End0.46%$194M1.61M
42CVXCHEVRON CORPhistory →Common Stock0.45%$192M1.24M
43OEFISHS SP 100 ETFhistory →ETF/Closed End0.45%$188M565.0K
44EXMOCEXXON MOBIL CORPhistory →Common Stock0.43%$182M1.62M
45HDHOME DEPOT INChistory →Common Stock0.42%$177M435.9K
46ETNEATON CORP PLChistory →Common Stock0.41%$175M466.3K
47MAMASTERCARD INC Ahistory →Common Stock0.40%$171M300.3K
48IBMINTL BUSINESS MACHS CORPhistory →Common Stock0.40%$169M599.6K
49VPLVNGRD FTSE PACIFIC ETFhistory →ETF/Closed End0.39%$165M1.88M
50VCSHVNGRD SHRT TRM CORP ETFhistory →ETF/Closed End-0.39%$164M2.05M
51PGPROCTER GAMBLE COhistory →Common Stock0.39%$163M1.06M
52TLHISHS 1020 TRSRY ETFhistory →ETF/Closed End-0.38%$159M1.54M
53MRKMERCK COMPANY INChistory →Common Stock0.37%$155M1.85M
54JEPIJPM EQTY PREM INCM ETFhistory →ETF/Closed End0.36%$152M2.66M
55EEMAISHS MSCI E/M ASIA ETFhistory →ETF/Closed End0.35%$149M1.63M
56VONVVNGRD RUS1000 VL IN ETFhistory →ETF/Closed End0.35%$146M1.63M
57TSLATESLA INChistory →Common Stock0.34%$143M320.5K
58JPM ACTIVE GRWTH ETFETF/Closed End0.33%$141M1.50M
59RSPINV SP500 EQL WGHT ETFhistory →ETF/Closed End0.33%$139M734.2K
60RTXRTX CORPhistory →Common Stock0.32%$136M813.0K
61XLUUTILS SEL SECT SPDR ETFhistory →ETF/Closed End0.32%$133M1.53M
62CSCOCISCO SYSTEMS INChistory →Common Stock0.31%$131M1.92M
63TLTISHS 20 TRSY BD ETFhistory →ETF/Closed End-0.31%$131M1.47M
64IXUSISHS CORE TTL INTL ETFhistory →ETF/Closed End0.31%$129M1.56M
65JIREJPM INTL RESH ENH EQ ETFhistory →ETF/Closed End0.30%$127M1.73M
66PEPPEPSICO INChistory →Common Stock0.30%$127M906.2K
67JCPBJPM CORE PLUS BOND ETFhistory →ETF/Closed End-0.30%$126M2.66M
68IEFAISHS CORE MSCI EAFE ETFhistory →ETF/Closed End0.30%$125M1.43M
69MBBISHS MBS ETFhistory →ETF/Closed End-0.29%$124M1.30M
70CMCSACOMCAST CORP A NEWhistory →Common Stock0.29%$123M3.93M
71AGGISHS CORE US AGGR BD ETFhistory →ETF/Closed End-0.29%$123M1.23M
72NEENEXTERA ENERGY INChistory →Common Stock0.29%$120M1.60M
73VIGVNGRD DIV APPRC IDX ETFhistory →ETF/Closed End0.28%$120M555.8K
74MDTMEDTRONIC PLChistory →Common Stock0.28%$117M1.23M
75PNCPNC FINL SVCS GROUP INChistory →Common Stock0.28%$117M580.5K
76COSTCOSTCO WHOLESALE CORPhistory →Common Stock0.28%$116M125.7K
77CATCATERPILLAR INChistory →Common Stock0.27%$116M242.6K
78BLKBLACKROCK FDG INChistory →Common Stock0.27%$115M98.9K
79ORCLORACLE CORPhistory →Common Stock0.27%$115M407.3K
80BXBLACKSTONE INC Ahistory →Common Stock0.27%$113M662.5K
81VOVNGRD MID CAP ETFhistory →ETF/Closed End0.27%$113M385.3K
82CGDVCAP GRP DIV VALUE ETFhistory →ETF/Closed End0.27%$113M2.69M
83MCDMCDONALDS CORPhistory →Common Stock0.27%$113M370.5K
84QCOMQUALCOMM INChistory →Common Stock0.26%$112M671.9K
85AMGNAMGEN INChistory →Common Stock0.26%$110M390.4K
86UBERUBER TECHNOLOGIES INChistory →Common Stock0.26%$108M1.10M
87JAVAJPM ACTIVE VAL ETFhistory →ETF/Closed End0.25%$108M1.56M
88MTUMISHS USA MOMNTM FCTR ETFhistory →ETF/Closed End0.25%$107M417.8K
89IEFISHS 710Y TRSY ETFhistory →ETF/Closed End-0.25%$107M1.10M
90ISHS AI INNOV TECH ETFETF/Closed End0.25%$105M3.07M
91NFLXNETFLIX INChistory →Common Stock0.25%$105M87.4K
92VCITVNGRD INTRM CORP BD ETFhistory →ETF/Closed End-0.24%$103M1.22M
93KOCOCA COLA COMPANYhistory →Common Stock0.24%$103M1.55M
94TSMTAIWAN SEMICON MFG COhistory →Common Stock0.24%$100M359.1K
95IWRISHS RUSS MDCP ETFhistory →ETF/Closed End0.24%$100M1.03M
96IAUISHS GOLD TRUST ETFhistory →ETF/Closed End0.24%$100M1.37M
97RDVYFT RISING DIV ACHIEV ETFhistory →ETF/Closed End0.23%$97M1.45M
98HDVISHS CORE HIGH DIV ETFhistory →ETF/Closed End0.23%$97M790.5K
99VWOVNGRD FTSE EMG MKTS ETFhistory →ETF/Closed End0.23%$95M1.75M
100ISHS US THEMTC ROTN ETFETF/Closed End0.22%$94M2.48M

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 ↗.