Kovack Advisors, Inc.
SEC Form 13F institutional filer · CIK 0001728321
13F-HR · 281 reported holdings · 2026-03-31
Kovack Advisors, Inc. is a registered investment advisor.
Reported long-US-equity value
$1.13B
Top-10 concentration
43.5%
Kovack Advisors, Inc. — $1.13B AUM allocation strategy
Kovack Advisors, Inc. files SEC Form 13F and reports $1.13B of long US equity value across 281 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 18.1%, followed by Financials 8.8% and Consumer Discretionary 6.3%.
The top 10 holdings account for 44% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Kovack Advisors, Inc. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$1.13B
total across 281 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
44% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$BLK +72.7K sh · −$6.5M+$PYPL +45K sh · +$799K+$IYY +41.4K sh · −$4.25M
Biggest trims (shares)
−$SCHW −466K sh · −$34.5M−$IVZ −308K sh · −$102M−$INTC −146K sh · −$6.95M
Exited to nil (held last quarter, gone now)
$TER ($12.7M last qtr)$IQV ($6.26M last qtr)$XYZ ($6.17M last qtr)$FANG ($5.66M last qtr)$DLR ($2.2M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors9.0%—
- Asset Management & Custody Banks6.1%—
- Technology Hardware, Storage & Peripherals5.3%—
- Interactive Media & Services4.3%—
- Broadline Retail4.1%—
- Systems Software2.8%—
- Automobile Manufacturers2.1%—
- Investment Banking & Brokerage1.6%—
- Other holdings64.8%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
6 of 6 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 467K | $82.4M | -115K | 7.3% |
| $AAPL | Apple Inc | 233K | $59.4M | -50.2K | 5.3% |
| $IVZ | Invesco Ltd | 842K | $54.2M | -308K | 4.8% |
| $AMZN | Amazon.com Inc | 222K | $46.4M | -50.7K | 4.1% |
| $MSFT | Microsoft Corporation | 84K | $31.1M | -16.9K | 2.8% |
| $TSLA | Tesla Inc | 65K | $24.4M | -1.52K | 2.2% |
…and 275 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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