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Portfolio (Quarterly) Guide ↗

Kovack Advisors, Inc.

· CIK 0001728321
13F Portfolio $1.9B AUM 1,011 positions Filed May 13, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 113 New 369 Added 427 Reduced 115 Exited
Page 19 of 19  ·  369 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
361 PCF HIGH INCOME SECS FD Financial Services 16,438.0 $91K 0.01% +2K +11.2% $5.56 +1.7%
362 BRSP BRIGHTSPIRE CAPITAL INC Real Estate 14,974.0 $83K 0.00% +1K +8.7% $5.56 +2.5%
363 EDF VIRTUS STONE HBR EMRG MKTS I Financial Services 16,113.0 $77K 0.00% +559.0 +3.6% $4.78 +9.1%
364 IGR CBRE GBL REAL ESTATE INC FD Financial Services 15,324.0 $67K 0.00% +209.0 +1.4% $4.39 +4.8%
365 VGZ VISTA GOLD CORP Basic Materials 29,500.0 $58K 0.00% +4K +15.7% $1.96 +16.8%
366 FEMY FEMASYS INC Healthcare 70,000.0 $29K 0.00% +23K +49.6% $0.42 -15.1%
367 AISP AIRSHIP AI HLDGS INC Technology 12,800.0 $29K 0.00% +2K +18.5% $2.26 +6.2%
368 NAK NORTHERN DYNASTY MINERALS LT Basic Materials 14,500.0 $20K 0.00% +1K +7.4% $1.41 +55.1%
369 QSI QUANTUM SI INC Healthcare 30,000.0 $20K 0.00% +13K +78.6% $0.66 +41.8%
Page 19 of 19  ·  369 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 34.5%
Financial Services 20.7%
Consumer Cyclical 10.2%
Communication Services 6.8%
Industrials 6.6%
Healthcare 6.1%
Energy 6.1%
Consumer Defensive 3.6%
Utilities 2.1%
Real Estate 1.9%