Q2 2026 13F · SEC CIK 1040197

MAI Capital Management

Wealth managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $26.3B
Reported positions: 1,887
Top holdings a year, 3 yrs: +20.2%
Assets under management: $52.1B

MAI Capital Management is a wealth manager that reported 1,887 positions worth $26.3B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Ishares Tr (IVV, 7.0%), State Str Spdr S&p 500 ETF T (SPY, 3.4%), Apple Inc (AAPL, 3.3%). A portfolio copying its top holdings returned 20.2% a year over the last 3 years, against 20.4% for the S&P 500.

MAI Capital Management holdings largest 50 of 1,887 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.

MAI Capital Management 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
IVVIshares Tr	7.0%	6.4%	2,471,229	+42.9%	$1.9B
SPYState Str Spdr S&p 500 ETF T	3.4%	3.5%	1,195,510	+24.6%	$893.0M
AAPLApple Inc	3.3%	3.5%	2,971,008	+20.7%	$859.7M
GLDMWorld Gold Tr	2.3%	—	7,497,358	—	$595.4M
NVDANvidia Corporation	2.0%	1.7%	2,595,858	+55.0%	$519.4M
VEAVanguard Ftse Developed Markets Index Fu	1.9%	1.7%	7,043,460	+52.3%	$501.8M
MSFTMicrosoft Corp	1.8%	2.3%	1,278,730	+17.0%	$477.0M
VTIVanguard Index Fds	1.7%	0.9%	1,183,594	+129.7%	$438.0M
IJHIshares Tr	1.6%	2.1%	5,616,598	+2.5%	$433.1M
GOOGLAlphabet Inc	1.4%	1.3%	1,034,127	+26.0%	$369.6M
AMZNAmazon Com Inc	1.3%	1.4%	1,458,599	+20.6%	$347.6M
VWOVanguard Intl Equity Index F	1.3%	1.2%	5,797,638	+53.3%	$346.1M
QQQInvesco Qqq Tr	1.2%	1.3%	422,826	+3.7%	$311.4M
SCHPSchwab Strategic Tr	1.2%	—	11,540,399	—	$305.8M
IJRIshares Tr	1.2%	1.4%	2,048,983	+4.0%	$303.9M
VIGVanguard Specialized Funds	1.1%	1.2%	1,238,223	+26.9%	$293.0M
GOOGAlphabet Inc	1.1%	1.0%	815,842	+26.7%	$288.3M
IVEIshares Tr	1.1%	1.2%	1,225,815	+21.6%	$278.3M
AVGOBroadcom Inc	1.0%	1.1%	666,214	+9.8%	$251.7M
GUNRNorthern Trust Global Natural	1.0%	—	5,103,843	—	$251.5M
VOOVanguard Index Fds	0.9%	0.6%	355,449	+104.0%	$244.1M
IEFAIshares Tr	0.9%	1.2%	2,521,994	+4.8%	$243.6M
RPARTidal Trust I	0.8%	—	9,891,779	—	$220.2M
BRK-BBerkshire Hathaway Inc Del	0.8%	1.0%	409,615	+10.2%	$205.0M
IEMGIshares Inc	0.8%	0.9%	2,449,784	+3.8%	$202.9M
IWFIshares Tr	0.8%	1.0%	1,603,274	+307.8%	$199.1M
MDYState Str Spdr S&p Midcap 40	0.7%	0.9%	271,019	+2.6%	$190.6M
RSPInvesco Exchange Traded Fd T	0.7%	0.8%	870,981	+13.2%	$185.3M
JPMJpmorgan Chase & Co	0.7%	0.8%	549,021	+16.5%	$179.7M
DFAIDimensional ETF Trust	0.7%	—	4,171,293	—	$172.1M
DFAUDimensional ETF Trust	0.6%	—	3,277,574	—	$169.4M
IWMIshares Tr	0.6%	0.7%	555,936	+9.3%	$167.0M
VTVVanguard Index Fds	0.6%	—	719,031	—	$156.7M
ABBVAbbvie Inc	0.6%	0.7%	616,940	+6.8%	$155.2M
IVWIshares Tr	0.6%	0.7%	1,124,765	+1.5%	$154.7M
LLYEli Lilly & Co	0.6%	0.5%	127,320	+32.5%	$152.7M
SDYSpdr Ser Tr	0.6%	0.8%	1,002,472	+1.0%	$152.6M
OEFIshares Tr	0.6%	—	411,508	—	$150.6M
SGOVIshares Tr	0.5%	0.8%	1,408,479	+7.2%	$141.8M
METAMeta Platforms Inc	0.5%	0.6%	249,508	+32.5%	$140.5M
JNJJohnson & Johnson	0.5%	0.8%	548,420	-0.1%	$139.3M
VVisa Inc	0.5%	0.6%	404,286	+7.4%	$138.7M
CSCOCisco Sys Inc	0.5%	0.5%	1,080,805	+4.7%	$127.0M
ACWIIshares Tr	0.5%	—	806,928	—	$126.7M
TSMTaiwan Semiconductor Manufac	0.4%	0.5%	246,513	-1.2%	$117.7M
VTIPVanguard Malvern Fds	0.4%	—	2,338,765	—	$117.5M
VGSHVanguard Scottsdale Fds	0.4%	0.6%	2,010,515	+6.6%	$117.0M
VCSHVanguard Scottsdale Fds	0.4%	0.6%	1,441,743	+4.1%	$113.9M
TIPIshares Tr	0.4%	—	1,025,179	—	$112.2M
AGGIshares Tr	0.4%	—	1,113,048	—	$110.2M

What MAI Capital Management bought and sold in Q2 2026, against Q1 2026.

New positions

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

Added to

IWF Ishares Tr+307.8% shares
VTI Vanguard Index Fds+129.7% shares
VOO Vanguard Index Fds+104.0% shares
NVDA Nvidia Corporation+55.0% shares
VWO Vanguard Intl Equity Index F+53.3% shares
VEA Vanguard Ftse Developed Markets Index Fu+52.3% shares
IVV Ishares Tr+42.9% shares
LLY Eli Lilly & Co+32.5% shares

Reduced

No position shrank by more than 5%.

Left the top 50

COST Costco Wholesale Corporationwas 0.6%
RTX Rtx Corporationwas 0.6%
XOM Exxon Mobil Corpwas 0.5%
IGSB Ishares Trwas 0.5%
SHW Sherwin Williams Cowas 0.5%
PG Procter & Gamble Cowas 0.5%
WMT Walmart Incwas 0.4%
IWD Ishares Trwas 0.4%

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: +20.7% /yr; S&P 500 +20.1%
3 years: +20.2% /yr; S&P 500 +20.4%
5 years: +10.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 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	$26.3B	1,887
Q1 2026	$17.6B	4,808
Q4 2025	$17.3B	4,148
Q3 2025	$16.0B	3,602
Q2 2025	$14.4B	3,774
Q1 2025	$13.2B	3,265
Q4 2024	$13.4B	3,325
Q3 2024	$10.4B	1,064
Q2 2024	$10.2B	1,223
Q1 2024	$9.6B	1,190
Q4 2023	$7.6B	1,090
Q3 2023	$6.7B	1,043

Questions about MAI Capital Management's portfolio

What stocks does MAI Capital Management own?

MAI Capital Management's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 1,887 positions worth $26.3B. The largest are Ishares Tr (IVV) at 7.0%, State Str Spdr S&p 500 ETF T (SPY) at 3.4%, Apple Inc (AAPL) at 3.3%, World Gold Tr (GLDM) at 2.3% and Nvidia Corporation (NVDA) at 2.0%.

What did MAI Capital Management buy last quarter?

In Q2 2026, MAI Capital Management added Ishares Tr (IWF) (+307.8% shares), Vanguard Index Fds (VTI) (+129.7% shares) and Vanguard Index Fds (VOO) (+104.0% shares), compared with its Q1 2026 filing.

What did MAI Capital Management sell last quarter?

In Q2 2026, MAI Capital Management cut from its top 50 Costco Wholesale Corporation (COST), cut from its top 50 Rtx Corporation (RTX), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Ishares Tr (IGSB) and cut from its top 50 Sherwin Williams Co (SHW), compared with its Q1 2026 filing.

How has MAI Capital Management's portfolio performed?

A portfolio copying MAI Capital Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +20.2% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +20.7% against +20.1%. Over 5 years: +10.4% a year against +11.6%.

When is MAI Capital Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. MAI Capital Management'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 MAI Capital Management manage?

MAI Capital Management reported $52.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $26.3B.