Stephens Inc. /ar/
Stephens Inc. is a privately held, family-owned investment banking and financial services firm headquartered in Little Rock, Arkansas. Founded in 1933, it operates across eight main business units: investment banking, public finance, private equity, research, capital management, insurance, wealth management, and institutional sales and trading. With over 1,200 employees, Stephens serves a diverse client base including individuals, institutional investors, government entities, and corporations, offering services such as asset management, wealth planning, and advisory solutions through a relationship-focused, long-term approach.
Investment Strategy
Stephens Inc.'s investment strategy centers on providing asset management advice with a focus on diversified portfolios of equities and fixed-income securities, mainly utilizing exchange-traded funds (ETFs) and occasionally mutual funds when appropriate. The firm employs index analysis and constructs model portfolios based on historical performance, risk tolerance, and diversification needs, aiming to generate optimal returns for clients relative to risk. Investment decisions are periodically reviewed and updated, factoring in changing market conditions and clients’ individual financial goals. Stephens frequently leverages proprietary research to identify growth opportunities, particularly in small- and mid-cap stocks, and aligns its interests with clients through disciplined, team-based decision-making and a principal mentality that emphasizes alignment with client outcomes.
Top Holdings
Equity Positions (1,203)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VTI | VANGUARD INDEX FDS | 2.97% | $216.4M | 711,937 | $159.41 | $303.93 | -$8.3M |
M MSFT | MICROSOFT CORP | 2.33% | $169.2M | 340,134 | $125.00 | $497.41 | +$41.6M |
A AAPL | APPLE INC | 2.28% | $165.6M | 806,990 | $49.55 | $205.17 | -$13.8M |
Q QQQ | INVESCO QQQ TR | 1.89% | $137.5M | 249,198 | $338.84 | $551.64 | +$14.3M |
W WMT | WALMART INC | 1.82% | $132.6M | 1,355,357 | $32.86 | $97.78 | +$13.7M |