Avestar Capital, LLC

RIA/Wealth

Avestar Capital, LLC is a RIA/Wealth based in New York, NY led by Shilpa Konduri Mullan, reporting $1.5B in AUM as of Q3 2025 with 35% ETF concentration.

PresidentShilpa Konduri Mullan

Portfolio Value: $1.4B
Positions: 420
Top Holding: NVDA at 10.82%
Last Reported: Q3 2025

Address400 Madison Avenue, Floor 21, New York, NY, 10017, United States

Top Holdings

Largest long holdings in Avestar Capital, LLC's portfolio (42.6% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Nvidia NVDA	Semiconductors Technology	$151.3M	10.82%	-$3.6M Sold	0.00% 810.9K shares	Q4 2017 Held for 7y 11m
2 Alphabet Inc. GOOG	Internet Content & Information Communication Services	$115.3M	8.24%	-$32.9M Sold	0.00% 473.4K shares	Q4 2017 Held for 7y 11m
3 Apple AAPL	Consumer Electronics Technology	$81.0M	5.79%	-$3.0M Sold	0.00% 318.1K shares	Q4 2017 Held for 7y 11m
4 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$49.8M	3.56%	-$16.3M Sold	0.00% 67.8K shares	Q4 2017 Held for 7y 11m
5 Microsoft MSFT	Software - Infrastructure Technology	$42.3M	3.03%	-$841.7K Sold	0.00% 81.7K shares	Q4 2017 Held for 7y 11m
6 Amazon AMZN	Specialty Retail Consumer Cyclical	$41.0M	2.93%	-$901.8K Sold	0.00% 186.6K shares	Q4 2017 Held for 7y 11m
7 SPDR S&P 500 ETF Trust SPY	ETF ETF	$32.3M	2.31%	+$7.7M Bought	— 48.5K shares	Q4 2017 Held for 7y 11m
8 Invesco QQQ Trust QQQ	ETF ETF	$30.3M	2.17%	+$17.3M Bought	— 50.5K shares	Q4 2017 Held for 7y 11m
9 ULST SPDR SSgA Ultra Short Term Bond ETF ULST	ETF ETF	$27.1M	1.94%	-$2.6M Sold	— 667.0K shares	Q1 2023 Held for 2y 8m
10 ServiceNow NOW	Software - Application Technology	$25.1M	1.80%	+$22.7M Bought	0.01% 27.3K shares	Q2 2023 Held for 2y 5m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Avestar Capital, LLC's latest filing

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Market Value

$1.4B

Prior: $1.4B

Q/Q Change

+2.14%

+$29.2M

Net Flows % of MV

-8.28%

Turnover Ratio

10.53%

New Purchases

12 stocks

$15.4M

Added To

116 stocks

+$70.8M

Sold Out Of

51 stocks

$52.5M

Reduced Holdings

238 stocks

-$149.5M

Increased Positions

Position	Shares Δ	Change
1 First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund GRID	New	0 → 39.9K +$6.0M
2 ARTY iShares Future AI & Tech ARTY	New	0 → 45.6K +$2.1M
3 VanEck Robotics IBOT	New	0 → 39.7K +$2.0M
4 First Trust Nasdaq Artificial Intelligence and Robotics ROBT	New	0 → 37.4K +$2.0M
5 DJP iPath Bloomberg Commodity Index Total Return DJP	New	0 → 31.0K +$1.0M

Decreased Positions

Position	Shares Δ	Change
1 BULZ MicroSectors FANG & Innovation 3x Leveraged BULZ	Sold	173.3K → 0 −$30.6M
2 Direxion Daily Semiconductor Bull 3X Shares SOXL	Sold	265.0K → 0 −$6.7M
3 ProShares UltraPro QQQ TQQQ	Sold	21.7K → 0 −$1.8M
4 American Century Quality Convertible Securities QCON	Sold	17.5K → 0 −$830.6K
5 Chipotle Mexican Grill CMG	Sold	12.5K → 0 −$703.1K

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Analytics

Portfolio insights and performance metrics for Avestar Capital, LLC

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Sector Allocation

ETF

34.90%

Technology

28.20%

Communication Services

14.10%

Consumer Cyclical

5.90%

Financial Services

4.70%

Healthcare

2.80%

Industrials

2.20%

Consumer Defensive

2.00%

Energy

0.60%

Basic Materials

0.60%

Utilities

0.50%

Real Estate

0.10%

Market Cap Distribution

Mega Cap (> $200B)

47.40%

Large Cap ($10B - $200B)

13.73%

Mid Cap ($2B - $10B)

0.11%

Small Cap ($300M - $2B)

0.17%

Micro Cap ($50M - $300M)

0.05%

Nano Cap (< $50M)

0.08%

N/A (ETF or Unknown)

38.46%

Portfolio Concentration

Top 10 Holdings %

42.59%

Top 20 Holdings %

55.11%

Top 50 Holdings %

70.86%

Top 100 Holdings %

82.46%