Q2 2026 13F · SEC CIK 1728321

Kovack Advisors, Inc.

Wealth managerFiled 2026-07-29 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.1B
Reported positions: 1,070
Top holdings a year, 3 yrs: +23.1%
Assets under management: $6.3B

Kovack Advisors, Inc. is a wealth manager that reported 1,070 positions worth $2.1B in its Q2 2026 13F, filed 2026-07-29. Its largest holdings were Nvidia Corporation Com (NVDA, 4.4%), Apple Inc (AAPL, 3.1%), Ishares Core S&p 500 ETF (IVV, 3.0%). A portfolio copying its top holdings returned 23.1% a year over the last 3 years, against 20.4% for the S&P 500.

Kovack Advisors, Inc. holdings largest 50 of 1,070 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Kovack Advisors, Inc. 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	4.4%	4.4%	458,766	-1.7%	$91.2M
AAPLApple Inc	3.1%	3.2%	221,999	-4.8%	$64.9M
IVVIshares Core S&p 500 ETF	3.0%	3.0%	82,768	-2.5%	$62.0M
AMZNAmazon Com Inc Com	2.4%	2.5%	205,750	-7.2%	$49.3M
SPYSpdr S&p 500 ETF Tr	2.2%	2.1%	62,066	+2.9%	$46.3M
QQQInvesco Qqq Tr	2.0%	1.5%	58,427	+17.2%	$42.6M
VOOVanguard S&p 500 ETF	1.9%	1.8%	56,901	+1.1%	$39.0M
MSFTMicrosoft Corp	1.4%	1.7%	78,918	-6.0%	$29.9M
PSLVSprott Asset Management LP	1.2%	0.4%	1,270,887	+271.1%	$24.0M
GOOGLAlphabet Inc	1.1%	1.0%	63,635	-2.2%	$22.8M
AVGOBroadcom Inc	1.0%	1.0%	56,816	-6.5%	$21.3M
SPMOInvesco Exch Traded Fd Tr II	0.9%	0.5%	125,282	+51.1%	$19.7M
GOOGAlphabet Inc	0.9%	0.8%	52,169	-3.6%	$18.6M
TSLATesla Inc Com	0.9%	1.3%	42,398	-34.8%	$17.9M
IDMOInvesco Exch Traded Fd Tr II	0.7%	0.7%	237,623	+2.2%	$14.2M
XLKState Street Technology Select Sector Sp	0.7%	0.5%	73,153	+1.2%	$13.7M
BRK-BBerkshire Hathaway Inc Del	0.7%	0.7%	27,240	-3.3%	$13.6M
VIGVanguard Dividend Appreciation ETF	0.6%	0.6%	56,876	+10.6%	$13.5M
BUFRFt Vest Laddered Buffer ETF	0.6%	0.7%	366,973	-5.7%	$13.4M
METAMeta Platforms Inc Class A	0.6%	0.8%	22,607	-6.6%	$13.3M
AMDAdvanced Micro Devices Inc	0.6%	—	23,540	—	$13.2M
QQQMInvesco Nasdaq 100 ETF	0.6%	0.5%	43,409	+14.0%	$13.0M
VTIVanguard Index Fds	0.6%	0.6%	35,034	-1.2%	$12.9M
MUMicron Technology Inc	0.6%	—	11,903	—	$12.8M
VTVVanguard Value ETF	0.6%	0.6%	58,639	+1.0%	$12.8M
RDVYFirst Trust Rising Dividend Achievers Et	0.6%	0.6%	154,095	-0.7%	$12.4M
LRCXLam Research Corp	0.6%	—	27,779	—	$11.7M
INTCIntel Corp	0.6%	—	88,380	—	$11.7M
ITOTIshares Total US Stock Market ETF	0.6%	0.5%	70,549	-0.4%	$11.6M
LLYLilly Eli & Co	0.5%	0.5%	9,377	-0.9%	$11.2M
SCHFSchwab Intl Equity	0.5%	0.5%	405,350	+5.6%	$11.2M
VUGVanguard Indx Fd	0.5%	0.5%	126,623	+520.2%	$10.9M
IBOCInternational Bancshares Cor	0.5%	0.5%	138,943	-0.9%	$10.7M
CGDVCapital Group Dividend Value ETF	0.5%	0.5%	216,386	-5.7%	$10.6M
GLDSpdr Gold Shares	0.5%	0.7%	27,702	-9.0%	$10.2M
DYNFIshares U.s. Equity Factor Rotation Acti	0.5%	0.5%	147,859	-1.8%	$10.0M
ADTNAdtran Holdings Inc Com	0.5%	0.5%	696,210	-5.4%	$9.5M
PLTRPalantir Technologies Inclass Class A	0.5%	0.7%	78,025	-7.0%	$9.4M
WMTWalmart Inc	0.4%	0.5%	83,774	+2.1%	$9.3M
XOMExxon Mobil Corp	0.4%	0.6%	67,192	-4.9%	$9.2M
JAAAJanus Detroit Str Tr	0.4%	—	179,498	—	$9.1M
FDVVFidelity High Dividend ETF Total	0.4%	0.4%	147,703	+2.9%	$9.0M
DIAState Street Spdr Dow Jones Industrial A	0.4%	0.4%	16,483	+4.1%	$8.6M
CATCaterpillar Inc Com	0.4%	—	8,311	—	$8.5M
PULSPgim Ultra Short Bond ETF	0.4%	0.5%	172,044	-16.6%	$8.5M
HDHome Depot Inc Com	0.4%	0.4%	23,997	-1.1%	$8.5M
NBISNebius Group N.v. Shs Class A	0.4%	—	29,949	—	$8.2M
VEAVanguard Tax-Managed Fds	0.4%	—	114,179	—	$8.1M
JPMJpmorgan Chase & Co	0.4%	0.4%	24,034	-4.9%	$8.0M
AMATApplied Matls Inc	0.4%	—	11,284	—	$7.9M

What Kovack Advisors, Inc. bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +17.5% /yr; S&P 500 +20.1%
3 years: +23.1% /yr; S&P 500 +20.4%
5 years: +12.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$2.1B	1,070
Q1 2026	$1.9B	1,011
Q4 2025	$2.1B	1,004
Q3 2025	$1.1B	611
Q2 2025	$1.0B	618
Q1 2025	$944.6M	577
Q4 2024	$1.0B	610
Q3 2024	$944.2M	585
Q2 2024	$908.7M	572
Q1 2024	$825.9M	472
Q4 2023	$841.9M	572
Q3 2023	$715.7M	548

Questions about Kovack Advisors, Inc.'s portfolio

What stocks does Kovack Advisors, Inc. own?

Kovack Advisors, Inc.'s latest 13F, for Q2 2026 and filed Jul 29, 2026, lists 1,070 positions worth $2.1B. The largest are Nvidia Corporation Com (NVDA) at 4.4%, Apple Inc (AAPL) at 3.1%, Ishares Core S&p 500 ETF (IVV) at 3.0%, Amazon Com Inc Com (AMZN) at 2.4% and Spdr S&p 500 ETF Tr (SPY) at 2.2%.

What did Kovack Advisors, Inc. buy last quarter?

In Q2 2026, Kovack Advisors, Inc. added Vanguard Indx Fd (VUG) (+520.2% shares), Sprott Asset Management LP (PSLV) (+271.1% shares) and Invesco Exch Traded Fd Tr II (SPMO) (+51.1% shares), compared with its Q1 2026 filing.

What did Kovack Advisors, Inc. sell last quarter?

In Q2 2026, Kovack Advisors, Inc. cut from its top 50 Vanguard Short-Term Treasury ETF Total (VGSH), cut from its top 50 Strategy Inc (STRK), cut from its top 50 Ishares Msci USA Quality Factor ETF (QUAL), cut from its top 50 Vanguard FTSE All (VEU), cut from its top 50 First Tr Exchange-Traded Fd (FTSM), Tesla Inc Com (TSLA) (-34.8% shares), Pgim Ultra Short Bond ETF (PULS) (-16.6% shares) and Spdr Gold Shares (GLD) (-9.0% shares), compared with its Q1 2026 filing.

How has Kovack Advisors, Inc.'s portfolio performed?

A portfolio copying Kovack Advisors, Inc.'s 20 largest 13F holdings each quarter, from the day each filing was public, returned +23.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.5% against +20.1%. Over 5 years: +12.8% a year against +11.6%.

When is Kovack Advisors, Inc.'s next 13F filing due?

13F filings are due 45 days after each quarter ends. Kovack Advisors, Inc.'s filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Kovack Advisors, Inc. manage?

Kovack Advisors, Inc. reported $6.3B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $2.1B.