Raymond James (RJF) lists $321.4B across 13,038 13F positions

Rhea-AI Filing Summary

Raymond James Financial Inc. filed a Form 13F-HR reporting holdings as an institutional investment manager. The report lists 13,038 Form 13F information table entries with a total market value of $321,406,094,145. The filing names 13 other included managers.

The report indicates a change in reporting structure starting with the quarter ending December 31, 2024, with certain subsidiaries filing separately as described.

Insights

Institutional Portfolio Specialist

Large, diversified 13F disclosure showing broad holdings and multiple sub‑managers.

The filing lists 13,038 holdings with an aggregate value of $321,406,094,145, and identifies 13 other included managers. This scale is consistent with a large investment manager operating multiple advisory entities.

Dependencies and risks: reporting structure changed effective December 31, 2024, which affects which subsidiaries file Form 13F-HR versus Form 13F-NT. Subsequent filings will show subsidiary-level positions where applicable.

Compliance & Regulatory Analyst

Filing documents procedural reporting and consolidated disclosure obligations.

The cover page notes that subsidiaries exercising investment discretion over $100 million will file Form 13F-NT and identify Raymond James Financial Inc. as Other Manager Reporting. The report certifies authorized signature by Rachel Jacobson.

Practical note: the change in which entities file may alter future 13F line items and attribution; review subsequent quarter filings for subsidiary‑level granularity.

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:			3235-0006
Estimated average burden
hours per response:			23.8

Report for the Calendar Year or Quarter Ended: 12-31-2025

Check here if Amendment		Amendment Number:
This Amendment (Check only one.):		is a restatement.
		adds new holdings entries.

Institutional Investment Manager Filing this Report:
Name:	RAYMOND JAMES FINANCIAL INC
Address:	880 CARILLON PKWY
	ST. PETERSBURG, FL 33716
Form 13F File Number:	028-24793
CRD Number (if applicable):
SEC File Number (if applicable):

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name:		Rachel Jacobson
Title:		Manager, Operations
Phone:		727-567-3466
Signature, Place, and Date of Signing:
Rachel Jacobson			Saint Petersburg, FL	02-17-2026
[Signature]			[City, State]	[Date]
Starting with the quarter ending [December 31, 2024], the Reporting Person is filing Form 13F-HR to report the positions in Section 13(f) Securities over which its subsidiaries exercise investment discretion, and the subsidiaries that exercise investment discretion over $100 million in Section 13(f) Securities will file Form 13F-NT and identify the Reporting Person as the Other Manager Reporting for this Manager. Prior to this quarter, certain of the Reporting Person's subsidiaries had filed Form 13F-HR to report the positions in Section 13(f) Securities over which such subsidiary directly or indirectly exercised investment discretion, and certain other subsidiaries filed Form 13F-NT.

Report Type (Check only one.):
X	13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
	13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
	13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

Form 13F Summary Page
	Report Summary:
	Number of Other Included Managers:		13
	Form 13F Information Table Entry Total:		13,038
	Form 13F Information Table Value Total:		321,406,094,145
			(round to nearest dollar)

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]
	No.	Name	Form 13F File No.	CRD No. (if applicable)	SEC File No. (if applicable)	CIK
	1	RAYMOND JAMES & ASSOCIATES	028-04393	000000705	801-69815
	2	Raymond James Financial Services Advisors, Inc.	028-13494	000149018	801-10418
	3	SCOUT INVESTMENTS, INC.	028-10260	000111787	801-60188
	4	ClariVest Asset Management LLC	028-12126
	5	EAGLE ASSET MANAGEMENT INC	028-01666
	6	CHARTWELL INVESTMENT PARTNERS, LLC	028-16224
	7	RAYMOND JAMES TRUST N.A.	028-05081
	8	RAYMOND JAMES TRUST CO. OF NH	028-22532
	9	Alaska Permanent Fund Corp	028-20231
	11	CARILLON TOWER ADVISERS, INC.	028-18365
	14	FIRST TRUST ADVISORS LP	028-06487
	15	PEAR TREE ADVISORS INC	028-04108
	16	Timothy Plan	028-03373248		811-08228

FAQ

What does Raymond James' Form 13F-HR disclose (RJF)?

It discloses holdings totaling $321,406,094,145 across 13,038 reported positions. The filing lists 13 other included managers and indicates a reporting-structure change effective December 31, 2024, with some subsidiaries filing separately.

How many holdings did Raymond James report in this 13F-HR?

The filing reports 13,038 Form 13F information table entries. This count represents the number of distinct Section 13(f) securities rows included in the report and reflects consolidated holdings reported by the manager.

Who signed the Raymond James 13F filing?

The report was signed by Rachel Jacobson, titled Manager, Operations. The cover page certifies she is authorized to submit the report and that the information is true, correct, and complete as represented on the filing.

Did Raymond James change how subsidiaries report 13F positions?

Yes. Starting with the quarter ending December 31, 2024, the manager will file Form 13F-HR and subsidiaries with over $100,000,000 in Section 13(f) securities will file Form 13F-NT. This alters which entities report positions directly.

How many other included managers are named in the filing (RJF)?

The cover lists 13 other included managers by name and Form 13F file number. Examples include Raymond James & Associates and Scout Investments, Inc., among others enumerated on the List of Other Included Managers.