Richard W. Paul & Associates, LLC

13F filer · CIK 0001964203

Reported Aug 10, 2026

Net seller this quarter

13F portfolio value$327MU.S. long equity reported on 13F

Positions19819 new · 11 closed

Net flow last quarter-$3.32MBuys minus sells

Top 10 positions weight11.5%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 10, 2026198 positions
QQQInvesco QQQ Trust, Series 1	$8.15M	2.49%	Not reported	-3.5%	Q4 2022
AAPLApple Inc.	$5.24M	1.60%	0.00%	-0.5%	Q4 2022
MSFTMicrosoft Corp	$4.42M	1.35%	0.00%	+22.7%	Q4 2022
NVDANvidia Corp	$3.88M	1.19%	0.00%	-1.2%	Q4 2022
SCZNXG NextGen Infrastructure Income Fund	$3.86M	1.18%	Not reported	+0.9%	Q4 2022
MUMicron Technology Inc	$2.6M	0.80%	0.00%	-51.2%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$2.39M	0.73%	Not reported	+0.4%	Q4 2022
METAMeta Platforms, Inc.	$2.38M	0.73%	Not reported	+28.1%	Q4 2022
AMZNAmazon Com Inc	$2.37M	0.73%	0.00%	+18.7%	Q4 2022
JPMJPMorgan Chase & Co	$2.24M	0.69%	0.00%	+9.1%	Q4 2022
GOOGAlphabet Inc.	$2.12M	0.65%	Not reported	-19.1%	Q4 2022
AMDAdvanced Micro Devices Inc	$2.11M	0.65%	0.00%	-43.3%	Q4 2022
PMPhilip Morris International Inc.	$2.02M	0.62%	0.00%	+1.0%	Q4 2022
UNHUnitedhealth Group Inc	$1.94M	0.59%	0.00%	-2.4%	Q4 2022
AVGOBroadcom Inc.	$1.94M	0.59%	0.00%	+0.4%	Q4 2022
ABBVAbbVie Inc.	$1.91M	0.58%	0.00%	+8.1%	Q4 2022
ASMLAsml Holding NV	$1.89M	0.58%	0.00%	-22.0%	Q4 2024
UPSUnited Parcel Service Inc	$1.86M	0.57%	0.00%	+11.7%	Q4 2022
STXSeagate Technology Holdings plc	$1.7M	0.52%	0.00%	-51.6%	Q4 2022
ALGNAlign Technology Inc	$1.7M	0.52%	0.01%	-1.2%	Q4 2022
NCLHNorwegian Cruise Line Holdings Ltd.	$1.61M	0.49%	0.02%	+18.2%	Q4 2023
HDHome Depot, Inc.	$1.57M	0.48%	0.00%	+39.1%	Q4 2022
VZVerizon Communications Inc	$1.55M	0.47%	0.00%	+3.8%	Q4 2022
GOOGLAlphabet Inc.	$1.54M	0.47%	0.00%	-2.0%	Q4 2022
MRKMerck & Co., Inc.	$1.53M	0.47%	0.00%	+1.0%	Q4 2022
CVSCVS HEALTH Corp	$1.51M	0.46%	0.00%	+0.6%	Q4 2022
FETHFidelity Ethereum Fund	$1.5M	0.46%	0.20%	+13.2%	Q3 2024
DDominion Energy, Inc	$1.5M	0.46%	0.00%	+1.9%	Q4 2022
VRTVertiv Holdings Co	$1.48M	0.45%	0.00%	-28.9%	Q4 2022
PGPROCTER & GAMBLE Co	$1.47M	0.45%	0.00%	+14.3%	Q4 2022
LLYELI LILLY & Co	$1.46M	0.45%	0.00%	-3.6%	Q4 2022
TGTTarget Corp	$1.38M	0.42%	0.00%	-0.7%	Q2 2025
MOAltria Group, Inc.	$1.38M	0.42%	0.00%	+0.6%	Q4 2022
DHRDanaher Corp	$1.37M	0.42%	0.00%	+20.9%	Q4 2022
JNJJohnson & Johnson	$1.37M	0.42%	0.00%	+1.9%	Q4 2022
COINCoinbase Global, Inc.	$1.36M	0.42%	0.00%	+12.2%	Q4 2022
COSTCostco Wholesale Corp	$1.35M	0.41%	0.00%	-12.1%	Q4 2022
ULTAUlta Beauty, Inc.	$1.32M	0.40%	0.01%	+7.8%	Q4 2022
NVONovo Nordisk A S	$1.28M	0.39%	Not reported	+133875.0%	Q4 2022
FSLRFirst Solar, Inc.	$1.25M	0.38%	0.00%	+9.7%	Q4 2022
NFLXNetflix Inc	$1.22M	0.37%	0.00%	+9.1%	Q4 2022
BABAAlibaba Group Holding Ltd	$1.21M	0.37%	0.00%	+25.0%	Q4 2022
NEENextera Energy Inc	$1.2M	0.37%	0.00%	+2.6%	Q4 2022
BSXBoston Scientific Corp	$1.16M	0.35%	0.00%	+405.7%	Q1 2023
NKENIKE, Inc.	$1.16M	0.35%	0.00%	Not reported	Q4 2022
QCOMQualcomm Inc	$1.14M	0.35%	0.00%	-5.3%	Q4 2022
CRMSalesforce, Inc.	$1.1M	0.34%	0.00%	+175350.0%	Q2 2023
MAMastercard Inc	$1.1M	0.34%	0.00%	+2.8%	Q4 2022
BRBroadridge Financial Solutions, Inc.	$1.09M	0.33%	0.01%	New	Q2 2026
APOApollo Global Management, Inc.	$1.08M	0.33%	0.00%	+13.9%	Q4 2025

Q1 2026Reported May 13, 2026190 positions
QQQInvesco QQQ Trust, Series 1	$6.62M	2.23%	Not reported	+1.6%	Q4 2022
AAPLApple Inc.	$4.62M	1.55%	0.00%	+0.3%	Q4 2022
SCZNXG NextGen Infrastructure Income Fund	$3.64M	1.23%	Not reported	-1.1%	Q4 2022
MSFTMicrosoft Corp	$3.57M	1.20%	0.00%	+3.2%	Q4 2022
NVDANvidia Corp	$3.42M	1.15%	0.00%	-0.9%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$2.23M	0.75%	Not reported	0.0%	Q4 2022
GOOGAlphabet Inc.	$2.13M	0.72%	Not reported	-2.1%	Q4 2022
METAMeta Platforms, Inc.	$1.88M	0.63%	Not reported	-0.9%	Q4 2022
JPMJPMorgan Chase & Co	$1.85M	0.62%	0.00%	+2.1%	Q4 2022
PMPhilip Morris International Inc.	$1.83M	0.61%	0.00%	+16.5%	Q4 2022
VZVerizon Communications Inc	$1.77M	0.60%	0.00%	-1.0%	Q4 2022
FETHFidelity Ethereum Fund	$1.75M	0.59%	0.15%	+13.1%	Q3 2024
ALGNAlign Technology Inc	$1.75M	0.59%	0.01%	-6.4%	Q4 2022
AMZNAmazon Com Inc	$1.75M	0.59%	0.00%	-0.3%	Q4 2022
COSTCostco Wholesale Corp	$1.63M	0.55%	0.00%	-0.1%	Q4 2022
ASMLAsml Holding NV	$1.61M	0.54%	0.00%	-8.0%	Q4 2024
AVGOBroadcom Inc.	$1.58M	0.53%	0.00%	+1.8%	Q4 2022
MUMicron Technology Inc	$1.56M	0.53%	0.00%	-13.1%	Q4 2022
VRTVertiv Holdings Co	$1.56M	0.52%	0.00%	-10.7%	Q4 2022
ABBVAbbVie Inc.	$1.53M	0.51%	0.00%	+1.9%	Q4 2022
UPSUnited Parcel Service Inc	$1.52M	0.51%	0.00%	+1.0%	Q4 2022
NFLXNetflix Inc	$1.51M	0.51%	0.00%	+3.8%	Q4 2022
PYPLPayPal Holdings, Inc.	$1.47M	0.49%	0.00%	+15.0%	Q4 2022
COINCoinbase Global, Inc.	$1.45M	0.49%	0.00%	+9.9%	Q4 2022
STXSeagate Technology Holdings plc	$1.43M	0.48%	0.00%	-7.2%	Q4 2022
ULTAUlta Beauty, Inc.	$1.42M	0.48%	0.01%	-4.2%	Q4 2022
MRKMerck & Co., Inc.	$1.42M	0.48%	0.00%	-3.2%	Q4 2022
CSCOCisco Systems, Inc.	$1.38M	0.46%	0.00%	+41.4%	Q4 2022
DDominion Energy, Inc	$1.33M	0.45%	0.00%	+3.1%	Q4 2022
AMDAdvanced Micro Devices Inc	$1.3M	0.44%	0.00%	+0.8%	Q4 2022
JNJJohnson & Johnson	$1.3M	0.44%	0.00%	-3.2%	Q4 2022
UNHUnitedhealth Group Inc	$1.29M	0.43%	0.00%	+5.7%	Q4 2022
TGTTarget Corp	$1.29M	0.43%	0.00%	-2.7%	Q2 2025
TAt&T Inc.	$1.28M	0.43%	0.00%	+2.1%	Q4 2022
BABAAlibaba Group Holding Ltd	$1.27M	0.43%	0.00%	+1.9%	Q4 2022
PGPROCTER & GAMBLE Co	$1.27M	0.43%	0.00%	+29.1%	Q4 2022
GOOGLAlphabet Inc.	$1.26M	0.43%	0.00%	-1.6%	Q4 2022
MOAltria Group, Inc.	$1.26M	0.42%	0.00%	+1.8%	Q4 2022
NEENextera Energy Inc	$1.24M	0.42%	0.00%	+2.4%	Q4 2022
NCLHNorwegian Cruise Line Holdings Ltd.	$1.2M	0.41%	0.01%	-3.5%	Q4 2023
PFEPfizer Inc	$1.18M	0.40%	0.00%	+2.3%	Q4 2022
LLYELI LILLY & Co	$1.17M	0.39%	0.00%	-0.5%	Q4 2022
DHRDanaher Corp	$1.13M	0.38%	0.00%	Not reported	Q4 2022
ACNAccenture plc	$1.13M	0.38%	0.00%	+5.0%	Q4 2022
LULUlululemon athletica inc.	$1.11M	0.37%	0.01%	+2.6%	Q3 2023
WMTWalmart Inc.	$1.1M	0.37%	0.00%	+0.8%	Q4 2022
FISVFiserv Inc	$1.09M	0.37%	0.00%	-0.8%	Q4 2022
HDHome Depot, Inc.	$1.05M	0.35%	0.00%	+4.1%	Q4 2022
CVSCVS HEALTH Corp	$1.04M	0.35%	0.00%	+3.6%	Q4 2022
MAMastercard Inc	$1.04M	0.35%	0.00%	-0.1%	Q4 2022

Q4 2025Reported Feb 12, 2026188 positions
QQQInvesco QQQ Trust, Series 1	$6.93M	2.30%	Not reported	-10.4%	Q4 2022
AAPLApple Inc.	$4.93M	1.64%	0.00%	-7.0%	Q4 2022
MSFTMicrosoft Corp	$4.52M	1.50%	0.00%	+3.8%	Q4 2022
NVDANvidia Corp	$3.69M	1.23%	0.00%	-2.7%	Q4 2022
SCZNXG NextGen Infrastructure Income Fund	$3.64M	1.21%	Not reported	+5.7%	Q4 2022
GOOGAlphabet Inc.	$2.38M	0.79%	Not reported	-26.1%	Q4 2022
FETHFidelity Ethereum Fund	$2.2M	0.73%	0.10%	+21.1%	Q3 2024
METAMeta Platforms, Inc.	$2.2M	0.73%	Not reported	+16.3%	Q4 2022
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$2.16M	0.72%	Not reported	+7136.1%	Q4 2022
JPMJPMorgan Chase & Co	$1.98M	0.66%	0.00%	-2.2%	Q4 2022
AMZNAmazon Com Inc	$1.94M	0.65%	0.00%	-1.3%	Q4 2022
AVGOBroadcom Inc.	$1.74M	0.58%	0.00%	-8.1%	Q4 2022
ULTAUlta Beauty, Inc.	$1.71M	0.57%	0.01%	+1.8%	Q4 2022
COINCoinbase Global, Inc.	$1.71M	0.57%	0.00%	+18.5%	Q4 2022
ALGNAlign Technology Inc	$1.7M	0.57%	0.02%	-11.7%	Q4 2022
PYPLPayPal Holdings, Inc.	$1.65M	0.55%	0.00%	+14.0%	Q4 2022
ABBVAbbVie Inc.	$1.58M	0.52%	0.00%	-3.2%	Q4 2022
UPSUnited Parcel Service Inc	$1.52M	0.50%	0.00%	+1.0%	Q4 2022
PMPhilip Morris International Inc.	$1.52M	0.50%	0.00%	+18.8%	Q4 2022
MUMicron Technology Inc	$1.52M	0.50%	0.00%	-44.8%	Q4 2022
UNHUnitedhealth Group Inc	$1.49M	0.50%	0.00%	-5.7%	Q4 2022
NCLHNorwegian Cruise Line Holdings Ltd.	$1.49M	0.49%	0.01%	Not reported	Q4 2023
LULUlululemon athletica inc.	$1.47M	0.49%	0.01%	+41.5%	Q3 2023
BABAAlibaba Group Holding Ltd	$1.46M	0.48%	0.00%	-22.8%	Q4 2022
ACNAccenture plc	$1.46M	0.48%	0.00%	+256.6%	Q4 2022
VZVerizon Communications Inc	$1.45M	0.48%	0.00%	+15.7%	Q4 2022
ASMLAsml Holding NV	$1.42M	0.47%	0.00%	-11.7%	Q4 2024
NFLXNetflix Inc	$1.41M	0.47%	0.00%	+15.0%	Q4 2022
COSTCostco Wholesale Corp	$1.41M	0.47%	0.00%	+12.4%	Q4 2022
GOOGLAlphabet Inc.	$1.4M	0.46%	0.00%	-8.0%	Q4 2022
LLYELI LILLY & Co	$1.37M	0.45%	0.00%	-8.9%	Q4 2022
DHRDanaher Corp	$1.36M	0.45%	0.00%	-0.8%	Q4 2022
AMDAdvanced Micro Devices Inc	$1.36M	0.45%	0.00%	-21.8%	Q4 2022
FISVFiserv Inc	$1.33M	0.44%	0.00%	+98705.0%	Q4 2022
MRKMerck & Co., Inc.	$1.28M	0.42%	0.00%	+1.6%	Q4 2022
DDominion Energy, Inc	$1.22M	0.41%	0.00%	+156.3%	Q4 2022
FSLRFirst Solar, Inc.	$1.22M	0.41%	0.00%	-30.0%	Q4 2022
MAMastercard Inc	$1.19M	0.39%	0.00%	+10.0%	Q4 2022
JNJJohnson & Johnson	$1.13M	0.38%	0.00%	-3.4%	Q4 2022
VRTVertiv Holdings Co	$1.13M	0.37%	0.00%	-20.7%	Q4 2022
CVSCVS HEALTH Corp	$1.11M	0.37%	0.00%	-8.4%	Q4 2022
INTUIntuit Inc.	$1.11M	0.37%	0.00%	+21.1%	Q4 2022
APOApollo Global Management, Inc.	$1.1M	0.36%	0.00%	New	Q4 2025
STXSeagate Technology Holdings plc	$1.08M	0.36%	0.00%	-38.2%	Q4 2022
ZTSZoetis Inc.	$1.08M	0.36%	0.00%	+32.9%	Q4 2022
MOAltria Group, Inc.	$1.08M	0.36%	0.00%	+22.7%	Q4 2022
TAt&T Inc.	$1.07M	0.36%	0.00%	+23.2%	Q4 2022
TGTTarget Corp	$1.07M	0.36%	0.00%	+24.3%	Q2 2025
HDHome Depot, Inc.	$1.05M	0.35%	0.00%	+11.3%	Q4 2022
NEENextera Energy Inc	$1.04M	0.35%	0.00%	+41.3%	Q4 2022

Q3 2025Reported Nov 13, 2025191 positions
QQQInvesco QQQ Trust, Series 1	$7.56M	2.58%	Not reported	+0.1%	Q4 2022
AAPLApple Inc.	$4.96M	1.69%	0.00%	+4.0%	Q4 2022
MSFTMicrosoft Corp	$4.66M	1.59%	0.00%	-3.7%	Q4 2022
NVDANvidia Corp	$3.79M	1.30%	0.00%	-10.1%	Q4 2022
SCZNXG NextGen Infrastructure Income Fund	$3.41M	1.16%	Not reported	+1.0%	Q4 2022
FETHFidelity Ethereum Fund	$2.55M	0.87%	0.08%	-6.2%	Q3 2024
GOOGAlphabet Inc.	$2.5M	0.85%	Not reported	+30.5%	Q4 2022
BABAAlibaba Group Holding Ltd	$2.3M	0.79%	0.00%	-4.4%	Q4 2022
COINCoinbase Global, Inc.	$2.15M	0.73%	0.00%	-27.5%	Q4 2022
METAMeta Platforms, Inc.	$2.1M	0.72%	Not reported	-13.9%	Q4 2022
JPMJPMorgan Chase & Co	$1.98M	0.68%	0.00%	-2.3%	Q4 2022
AMZNAmazon Com Inc	$1.87M	0.64%	0.00%	-5.2%	Q4 2022
AVGOBroadcom Inc.	$1.8M	0.61%	0.00%	-12.2%	Q4 2022
PYPLPayPal Holdings, Inc.	$1.66M	0.57%	0.00%	+14.0%	Q4 2022
UNHUnitedhealth Group Inc	$1.65M	0.56%	0.00%	+19.7%	Q4 2022
ABBVAbbVie Inc.	$1.65M	0.56%	0.00%	-3.3%	Q4 2022
MUMicron Technology Inc	$1.61M	0.55%	0.00%	-8.5%	Q4 2022
NFLXNetflix Inc	$1.57M	0.54%	0.00%	-26.4%	Q4 2022
ALGNAlign Technology Inc	$1.55M	0.53%	0.02%	Not reported	Q4 2022
ULTAUlta Beauty, Inc.	$1.52M	0.52%	0.01%	-7.1%	Q4 2022
STXSeagate Technology Holdings plc	$1.5M	0.51%	0.00%	-24.7%	Q4 2022
ROKURoku, Inc	$1.5M	0.51%	0.01%	-9.5%	Q4 2022
FSLRFirst Solar, Inc.	$1.47M	0.50%	0.01%	-3.1%	Q4 2022
ASMLAsml Holding NV	$1.45M	0.50%	0.00%	+55.5%	Q4 2024
VZVerizon Communications Inc	$1.35M	0.46%	0.00%	+7.3%	Q4 2022
COSTCostco Wholesale Corp	$1.35M	0.46%	0.00%	+3.5%	Q4 2022
VRTVertiv Holdings Co	$1.32M	0.45%	0.00%	-0.3%	Q4 2022
AMDAdvanced Micro Devices Inc	$1.32M	0.45%	0.00%	-8.3%	Q4 2022
PMPhilip Morris International Inc.	$1.29M	0.44%	0.00%	+7.6%	Q4 2022
UPSUnited Parcel Service Inc	$1.27M	0.43%	0.00%	+70.7%	Q4 2022
DHRDanaher Corp	$1.19M	0.41%	0.00%	+37.7%	Q4 2022
GOOGLAlphabet Inc.	$1.18M	0.40%	0.00%	-0.2%	Q4 2022
CVSCVS HEALTH Corp	$1.15M	0.39%	0.00%	-3.9%	Q4 2022
ORCLOracle Corp	$1.13M	0.39%	0.00%	-25.1%	Q4 2022
HDHome Depot, Inc.	$1.12M	0.38%	0.00%	-17.3%	Q4 2022
SPYSPDR S&P 500 ETF Trust	$1.11M	0.38%	Not reported	+40.4%	Q4 2022
MAMastercard Inc	$1.08M	0.37%	0.00%	+5.9%	Q4 2022
LLYELI LILLY & Co	$1.07M	0.36%	0.00%	+14.1%	Q4 2022
JNJJohnson & Johnson	$1.05M	0.36%	0.00%	-6.0%	Q4 2022
MOAltria Group, Inc.	$1.01M	0.34%	0.00%	-5.2%	Q4 2022
MRKMerck & Co., Inc.	$1M	0.34%	0.00%	-2.4%	Q4 2022
QCOMQualcomm Inc	$1M	0.34%	0.00%	+4.1%	Q4 2022
TAt&T Inc.	$991K	0.34%	0.00%	+2.4%	Q4 2022
PFEPfizer Inc	$988K	0.34%	0.00%	-1.8%	Q4 2022
ZTSZoetis Inc.	$946K	0.32%	0.00%	-17.2%	Q4 2022
INTUIntuit Inc.	$943K	0.32%	0.00%	-0.9%	Q4 2022
PGPROCTER & GAMBLE Co	$930K	0.32%	0.00%	+11.7%	Q4 2022
LULUlululemon athletica inc.	$891K	0.30%	0.00%	+48.1%	Q3 2023
WMTWalmart Inc.	$864K	0.29%	0.00%	+1.0%	Q4 2022
CSCOCisco Systems, Inc.	$838K	0.29%	0.00%	+1.7%	Q4 2022

Premium opens every quarter this fund has filed