SEC 13F Intelligence

Managers / Q3 2025 · view latest →

M Holdings Securities, Inc.

CIK 0001569638 · 1125 NW COUCH STREET, PORTLAND, OR, 97209 · 5034147264

Reported Value
$473M
Q3 2025
Positions
87
Filings on Record
28
2019–present window
Filed
Nov 13, 2025
original filing

Summary

M Holdings Securities, Inc. reported $473M in U.S.-listed holdings across 87 positions for Q3 2025.

The portfolio is heavily concentrated: AAPL alone accounts for 21.2% of reported value.

Compared with Q2 2025, the fund opened 45 new positions and exited 115.

Portfolio Metrics

Turnover
+64.9%
vs prior filed quarter
Top-10 Concentration
+79.2%
share of reported value
Largest Position
+21.2%
Appleinc
New / Exited
45 / 115
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
Q1 ’19: $432MQ1 ’19Q2 ’19: $296MQ3 ’19: $326MQ4 ’19: $342MQ1 ’20: $676MQ1 ’20Q2 ’20: $559MQ3 ’20: $627MQ4 ’20: $784MQ1 ’21: $1.1BQ1 ’21Q2 ’21: $1.0BQ1 ’22: $1.3BQ2 ’22: $988MQ3 ’22: $905MQ3 ’22Q4 ’22: $949MQ1 ’23: $966MQ3 ’23: $485MQ4 ’23: $885MQ4 ’23Q1 ’24: $595MQ2 ’24: $771MQ3 ’24: $398MQ4 ’24: $620MQ4 ’24Q1 ’25: $601MQ2 ’25: $583MQ3 ’25: $473MQ4 ’25: $1.4BQ4 ’25Q1 ’26: $1.5Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 45.6%ETP: 44.0%REIT: 9.1%Other: 1.1%MLP: 0.1%Other: 0.1%
  • Common Stock · 45.6% · $216M
  • ETP · 44.0% · $208M
  • REIT · 9.1% · $43M
  • Other · 1.1% · $5M
  • MLP · 0.1% · $553,000
  • Other · 0.1% · $503,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AAPLAPPLEINCNEW+393.5K393.5K+$100M$100M
NHCNATIONALHEALTHCARECORPNEW+463.2K463.2K+$56M$56M
IVVISHARESTRNEW+80.3K80.3K+$54M$54M
QQQINVESCOQQQTRNEW+19.2K19.2K+$12M$12M
PGPROCTERANDGAMBLECONEW+72.7K72.7K+$11M$11M
VTIVANGUARDINDEXFDSNEW+28.6K28.6K+$9M$9M
AMZNAMAZONCOMINCNEW+33.8K33.8K+$7M$7M
MSFTMICROSOFTCORPNEW+13.6K13.6K+$7M$7M

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

Holdings — Q3 2025

57 positions (from 87 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLEINChistory →COM21.18%$100M393.5K
2DFAXDIMENSIONALETFTRUSTWORLDEXUSCORE · USCOREEQUITY2 · USCOREEQTMKT · USTARGETEDVLU · USLARGECAPVEC · USHIGHPROFITAB · INTLHIGHPROFIT · USLARGECAPVAL · USCOREEQUITY1 · EMERGINGMKTSCO · USREALESTATEE · EMERGINGMKTSHI · USMKTWIDEVALUE · EMGRCREEQTMNG · INTLCOREEQTMK12.66%$60M1.52M
3IVVISHARESTRCORES&P500ETF · COREMSCIEAFE · 7-10YRTRSYBD · NATIONALMUNETF · EAFEVALUEETF12.61%$60M146.3K
4NHCNATIONALHEALTHCARECORPhistory →COM11.90%$56M463.2K
5NHINATIONALHEALTHINVSINChistory →COM8.68%$41M516.8K
6VTIVANGUARDINDEXFDSTOTALSTKMKT · VALUEETF · REALESTATEETF3.55%$17M80.2K
7QQQINVESCOQQQTRhistory →UNITSER12.43%$12M19.2K
8PGPROCTERANDGAMBLECOhistory →COM2.36%$11M72.7K
9SPYSPDRS&P500ETFTRhistory →TRUNIT2.26%$11M16.1K
10AMZNAMAZONCOMINChistory →COM1.57%$7M33.8K
11MSFTMICROSOFTCORPhistory →COM1.49%$7M13.6K
12VIGVANGUARDSPECIALIZEDFUNDShistory →DIVAPPETF1.35%$6M29.6K
13BRK/BBERKSHIREHATHAWAYINCDELhistory →CLBNEW1.26%$6M11.8K
14VEUVANGUARDINTLEQUITYINDEXFALLWRLDEXUS · FTSESMCAPETF · TTWRLDSTETF1.19%$6M56.7K
15VYMVANGUARDWHITEHALLFDSHIGHDIVYLD · INTLHIGHETF1.09%$5M41.5K
16PINNACLEFINLPARTNERSINCCOM1.07%$5M54.2K
17SPSBSPDRSERIESTRUSTPORTFOLIOSHORT · PORTFOLIOS&P500 · PORTFOLIOS&P400 · PORTFOLIOS&P6001.04%$5M107.1K
18ACWVISHARESINCMSCIGBLMINVOL0.96%$5M37.7K
19RSPINVESCOEXCHANGETRADEDFDTS&P500EQLWGT · S&P500QUALITY0.79%$4M29.9K
20EASERIESTRUSTALPHAARCHITECT0.76%$4M66.5K
21IBMINTERNATIONALBUSINESSMACHSCOM0.74%$4M12.5K
22BACBANKAMERICACORPCOM0.71%$3M65.1K
23JNJJOHNSON&JOHNSONCOM0.63%$3M15.9K
24WMTWALMARTINCCOM0.52%$2M23.8K
25CINFCINCINNATIFINLCORPCOM0.51%$2M15.3K
26SMBVANECKETFTRUSTVANECKSHRTMUNI · FALLENANGELHG0.50%$2M125.0K
27DUKDUKEENERGYCORPNEWCOMNEW0.46%$2M17.4K
28VEAVANGUARDTAX-MANAGEDFDSVANFTSEDEVMKT0.44%$2M34.7K
29AFGAMERICANFINLGROUPINCOHIOCOM0.43%$2M13.9K
30IAUISHARESGOLDTRISHARESNEW0.37%$2M24.4K
31KOCOCACOLACOCOM0.35%$2M24.8K
32VCITVANGUARDSCOTTSDALEFDSINT-TERMCORP0.33%$2M18.7K
33DBEINVESCODBMULTI-SECTORCOMMENERGYFD · AGRICULTUREFD0.31%$1M71.1K
34EBAYEBAYINC.COM0.31%$1M16.2K
35SOSOUTHERNCOCOM0.25%$1M12.7K
36BONDPIMCOETFTRACTIVEBDETF0.21%$999,00010.7K
37OREALTYINCOMECORPCOM0.21%$982,00016.1K
38FBKFBFINLCORPCOM0.21%$975,00017.5K
39SCHZSCHWABSTRATEGICTRUSAGGREGATEB · INTLEQTYETF0.20%$965,00041.3K
40CGUSCAPITALGROUPCOREEQUITYETSHSCREATIONUNI0.20%$960,00024.3K
41PIEINVESCOEXCHTRADEDFDTRIIDORSEYWRGTEMRG0.20%$957,00039.2K
42NEMNEWMONTCORPCOM0.19%$918,00010.9K
43CGGRCAPITALGROUPGROWTHETFSHSCREATIONUNI0.14%$663,00015.1K
44USBUSBANCORPDELCOMNEW0.14%$658,00013.6K
45PINSPINTERESTINCCLA0.13%$624,00019.4K
46XTENBONDBLOXXETFTRUSTBLOOMBERGTENYR0.12%$569,00012.2K
47SWANAMPLIFYETFTRBLACKSWANGRWT0.12%$558,00017.4K
48EPDENTERPRISEPRODSPARTNERSLCOM0.12%$553,00017.7K
49BNDXVANGUARDCHARLOTTEFDSTOTALINTBDETF0.12%$551,00011.1K
50GBDCGOLUBCAPBDCINCCOM0.11%$521,00038.0K
51PFEPFIZERINCCOM0.09%$441,00017.3K
52SBRASABRAHEALTHCAREREITINCCOM0.08%$401,00021.5K
53PECOPHILLIPSEDISON&COINCCOMMONSTOCK0.08%$393,00011.4K
54RFREGIONSFINANCIALCORPNEWCOM0.07%$339,00012.9K
55GSGISHARESS&PGSCICOMMODITY-UNITBENINT0.07%$318,00013.8K
56WEAWESTERNASSETPREMIERBDFDSHSBENINT0.06%$266,00023.7K
57TEVATEVAPHARMACEUTICALINDSLTDSPONSOREDADS0.05%$237,00011.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.5B289May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.4B296Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$473M87Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$583M157Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$601M140May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$620M137Feb 13, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$398M94Nov 12, 202413F-HRchanges · EDGAR ↗
Q2 2024$771M334Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$595M128May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$885M186Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$485M207Sep 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$966M467May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022$949M451Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$905M434Nov 17, 202213F-HRchanges · EDGAR ↗
Q2 2022$988M439Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.3B502May 24, 202213F-HRchanges · EDGAR ↗
Q2 2021$1.0B229Aug 19, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.1B488May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$784M183Feb 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$627M157Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$559M164Aug 21, 202013F-HRchanges · EDGAR ↗
Q1 2020$676M228May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$342M158Feb 10, 202013F-HRchanges · EDGAR ↗
Q3 2019$326M158Nov 4, 201913F-HRchanges · EDGAR ↗
Q2 2019$296M157Aug 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$432M361May 17, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • M Financial Asset Management, Inc.028-18427

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 ↗.