David Katz - Matrix Advisors Value Fund 13F Activity & Position Changes (Q3 2025)

As of Sep 30, 2025, the Matrix Advisors Value Fund portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Oct 14, 2025. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q3 2025, the filing reported:

New Buys - Lockheed Martin Corporation, Constellation Brands, Inc., Tesla, Inc., UnitedHealth Group Incorporated

Increases - AbbVie Inc., Accenture plc, American Electric Power Company, AFLAC Incorporated, Applied Materials, Inc., and 51 more

Reductions - Apple Inc., Amazon.com, Inc., American Express Company, Bank of America Corporation, The Bank of New York Mellon Cor, and 31 more

Complete Exits - Bristol-Myers Squibb Company, Colgate-Palmolive Company, Paramount Global, Philip Morris International Inc, Union Pacific Corporation

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q3 2025	AAPL Apple Inc.	Apple Inc.	Sell	-27	-0.0%	$37.83M	148,549
Q3 2025	ABBV AbbVie Inc.	AbbVie Inc.	Buy	+302	+0.8%	$8.99M	38,813
Q3 2025	ACN Accenture plc	Accenture plc	Buy	+8,550	+1075.5%	$2.30M	9,345
Q3 2025	AEP American Electric Power Company	American Electric Power Company	Buy	+259	+0.1%	$21.50M	191,116
Q3 2025	AFL AFLAC Incorporated	AFLAC Incorporated	Buy	+14	+0.2%	$696.51K	6,236
Q3 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy	+21,442	+42.0%	$14.85M	72,513
Q3 2025	AMGN Amgen Inc.	Amgen Inc.	Buy	+4,633	+4.6%	$29.98M	106,231
Q3 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-188	-0.1%	$27.63M	125,844
Q3 2025	AVGO Broadcom Inc.	Broadcom Inc.	Buy	+27	+2.5%	$369.17K	1,119
Q3 2025	AXP American Express Company	American Express Company	Sell	-148	-4.6%	$1.02M	3,068
Q3 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-185	-0.3%	$2.98M	57,748
Q3 2025	BK The Bank of New York Mellon Cor	The Bank of New York Mellon Cor	Sell	-18,671	-6.5%	$29.27M	268,595
Q3 2025	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell - Position Exit	-4,729	-100.0%	$0.00	-
Q3 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+10	+0.1%	$5.83M	11,601
Q3 2025	CL Colgate-Palmolive Company	Colgate-Palmolive Company	Sell - Position Exit	-2,383	-100.0%	$0.00	-
Q3 2025	CMCSA Comcast Corporation	Comcast Corporation	Buy	+23,887	+2.9%	$26.60M	846,697
Q3 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-18	-0.6%	$675.58K	3,178
Q3 2025	COST Costco Wholesale Corporation	Costco Wholesale Corporation	Sell	-9	-1.6%	$522.38K	564
Q3 2025	CSCO Cisco Systems, Inc.	Cisco Systems, Inc.	Sell	-26,914	-16.7%	$9.19M	134,350
Q3 2025	CVS CVS Health Corporation	CVS Health Corporation	Sell	-51	-0.8%	$465.68K	6,177
Q3 2025	DHR Danaher Corporation	Danaher Corporation	Buy	+1	+0.1%	$337.83K	1,704
Q3 2025	EFA iShares MSCI EAFE ETF	iShares MSCI EAFE ETF	Sell	-958	-6.1%	$1.38M	14,825
Q3 2025	ESGD iShares ESG Aware MSCI EAFE ETF	iShares ESG Aware MSCI EAFE ETF	Sell	-342	-5.4%	$561.23K	6,036
Q3 2025	ETN Eaton	Eaton	Buy	+1	+0.1%	$322.98K	863
Q3 2025	FDX FedEx Corporation	FedEx Corporation	Buy	+817	+1.5%	$13.09M	55,499
Q3 2025	FI Fiserv, Inc.	Fiserv, Inc.	Buy	+68,595	+706.4%	$10.10M	78,306
Q3 2025	GD General Dynamics Corporation	General Dynamics Corporation	Sell	-5,166	-14.3%	$10.54M	30,922
Q3 2025	GLD SPDR Gold Trust	SPDR Gold Trust	Buy	+93	+9.7%	$372.53K	1,048
Q3 2025	GNRC Generac Holdlings Inc.	Generac Holdlings Inc.	Buy	+118	+0.2%	$11.20M	66,890
Q3 2025	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-2,741	-1.7%	$39.12M	160,604

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