Latest Kovack Advisors, Inc. Stock Portfolio

Kovack Advisors, Inc. Performance:

2025 Q4: -22.73%YTD: -13.43%2024: 16.75%

Performance for 2025 Q4 is -22.73%, and YTD is -13.43%, and 2024 is 16.75%.

About Kovack Advisors, Inc. and 13F Hedge Fund Stock Holdings

Kovack Advisors, Inc. is a hedge fund based in Ft. Lauderdale, FL. On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, Kovack Advisors, Inc. reported an equity portfolio of $1.3 Billions as of 31 Dec, 2025.

The top stock holdings of Kovack Advisors, Inc. are NVDA, AAPL, IJR. The fund has invested 5.1% of it's portfolio in NVIDIA CORPORATION and 3.6% of portfolio in APPLE INC.

The fund managers got completely rid off FERRARI N V (RACE), SUPER MICRO COMPUTER INC (SMCI) and PROSHARES TR (ALTS) stocks. They significantly reduced their stock positions in ADVISORSHARES TR (ACT), NUVEEN CR STRATEGIES INCOME and ISHARES U S ETF TR (CCRV). Kovack Advisors, Inc. opened new stock positions in AMPLIFY ETF TR (AMLX), ISHARES INC (ACWV) and VANECK ETF TRUST (AFK). The fund showed a lot of confidence in some stocks as they added substantially to STRATEGY INC (MSTR), PACER FDS TR (AFTY) and BLACKROCK ETF TRUST (BECO).

Kovack Advisors, Inc. Annual Return Estimates Vs S&P 500

Our best estimate is that Kovack Advisors, Inc. made a return of -22.73% in the last quarter. In trailing 12 months, it's portfolio return was -13.43%.

Performance
S&P 500

New Buys

Ticker	$ Bought
amplify etf tr	8,474,020
ishares inc	7,490,520
vaneck etf trust	1,608,960
abrdn platinum etf trust	1,404,170
invesco exch trd slf idx fd	1,213,680
fs specialty lending fd	1,135,550
first tr exchange traded fd	1,018,540
invesco exch trd slf idx fd	1,003,930

New stocks bought by Kovack Advisors, Inc.

Additions

Ticker	% Inc.
pacer fds tr	2,951
blackrock etf trust	2,568
pgim etf tr	2,266
invesco exch traded fd tr ii	1,471
ishares u s etf tr	1,097
ishares gold tr	1,024
ishares tr	969
invesco exchange traded fd t	964

Additions to existing portfolio by Kovack Advisors, Inc.

Reductions

Ticker	% Reduced
ishares u s etf tr	-51.4
bigbear ai hldgs inc	-47.6
gladstone capital corp	-40.68
select sector spdr tr	-29.75
photronics inc	-26.46
viavi solutions inc	-25.13
proshares tr	-24.93
d-wave quantum inc	-21.44

Kovack Advisors, Inc. reduced stake in above stock

Sold off

None of the stocks were completely sold off by Kovack Advisors, Inc.

Sector Distribution

Kovack Advisors, Inc. has about 51.5% of it's holdings in Others sector.

Sector	%
Others	51.5
Technology	20.4
Healthcare	4.7
Consumer Cyclical	4.7
Industrials	4.1
Financial Services	4.1
Communication Services	4.1
Energy	1.9
Utilities	1.6
Consumer Defensive	1.5

Market Cap. Distribution

Kovack Advisors, Inc. has about 42.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	51.6
MEGA-CAP	28.6
LARGE-CAP	14.2
MID-CAP	2.7
SMALL-CAP	2.4

Stocks belong to which Index?

About 42.3% of the stocks held by Kovack Advisors, Inc. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	57.6
S&P 500	37.4
RUSSELL 2000	4.9

Top 5 Winners (%)		%
PSLV	sprott asset management lp	58.1 %
TER	teradyne inc	42.8 %
PLAB	photronics inc	40.6 %
AAOI	applied optoelectronics inc	38.5 %
XLB	select sector spdr tr	37.5 %

Top 5 Winners ($)		$
SLV	ishares silver tr	5.8 M
PSLV	sprott asset management lp	3.2 M
JAZZ	jazz pharmaceuticals plc	2.0 M
TER	teradyne inc	1.9 M
XLB	select sector spdr tr	0.9 M

Top 5 Losers (%)		%
ORLY	oreilly automotive inc	-97.7 %
MSTR	strategy inc	-97.4 %
PAB	pgim etf tr	-88.8 %
PYPL	paypal hldgs inc	-88.1 %
BIL	spdr series trust	-87.9 %

Top 5 Losers ($)		$
NVDA	nvidia corporation	-33.1 M
AMZN	amazon com inc	-20.8 M
AAPL	apple inc	-19.6 M
MSFT	microsoft corp	-18.2 M
IJR	ishares tr	-15.4 M

Kovack Advisors, Inc. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Kovack Advisors, Inc.

Kovack Advisors, Inc. has 855 stocks in it's portfolio. About 26.6% of the portfolio is in top 10 stocks. NVDA proved to be the most loss making stock for the portfolio. SLV was the most profitable stock for Kovack Advisors, Inc. last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAOI	applied optoelectronics inc	0.03	11,055	398,201	added	1.75

AAPL	apple inc	3.58	283,434	46,824,800	added	81.81

AAXJ	ishares tr	0.09	28,217	1,216,230	added	9.44

AAXJ	ishares tr	0.08	27,970	1,036,650	added	404

AAXJ	ishares tr	0.06	8,646	849,262	added	430

AAXJ	ishares tr	0.05	11,488	643,086	added	308

AAXJ	ishares tr	0.04	37,736	591,386	added	106

AAXJ	ishares tr	0.04	11,015	558,558	added	28.11

AAXJ	ishares tr	0.04	6,403	505,406	added	28.29

AAXJ	ishares tr	0.03	5,407	400,191	added	86.51

AAXJ	ishares tr	0.03	2,306	378,071	new

ABBV	abbvie inc	0.25	30,879	3,288,780	added	157

ABT	abbott labs	0.07	20,052	931,438	added	221

ACES	alps etf tr	0.05	31,351	694,795	added	140

ACN	accenture plc ireland	0.03	2,511	447,647	new

ACWF	ishares tr	0.09	42,870	1,133,030	added	208

ACWV	ishares inc	0.57	215,312	7,490,520	new

ADBE	adobe inc	0.08	3,116	1,033,870	reduced	-3.44

ADI	analog devices inc	0.04	7,825	474,276	added	399

ADTN	adtran holdings inc	0.51	753,550	6,668,920	added	6.45