In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 10, 2025), Alpha Wealth Funds, LLC reported 36 stock positions worth $92.1 million . Its top holding was iShares 0-3 Month Treasury B (SGOV) at 64.4% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 4.0% ) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 2.8% ). Compared with Q4 2024, it opened 11 new positions, sold out of 25, added to 8 and reduced 16. The biggest buy was iShares 0-3 Month Treasury B (SGOV, shares +29% ) and the biggest sale an exit from Apple (AAPL).
Location PARK CITY, UT
CIK 0002059327
Portfolio Value $92.1M (Q1 2025) Holdings 36 stocks · $92.1M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 SGOV iShares 0-3 Month Treasury B 589,334 $59.3M Add +29.5% SPY SS SPDR S&P 500 ETF Trust-US 6,623 $3.7M Reduce -17.4% LQD Ishr Ibx Usd Invgd CB ETF-Ui 24,102 $2.6M Add +7.2% MDY State Street SPDR S&P Midcap 3,863 $2.1M Reduce -10.9% ET Energy Transfer LP 109,500 $2.0M No change IJR iShares Core S&P Small-Cap E 15,885 $1.7M Reduce -8.6% IXUS iShares Core Intl Stock ETF 19,884 $1.4M Reduce -11.9% TQQQ Proshares Ultrapro QQQ 21,971 $1.3M Reduce -7.4% BIZD Vaneck BDC Income ETF 69,608 $1.2M Add +34.5% FSK FS KKR Capital Corp. 55,094 $1.2M Add +29.2% PLTR Palantir Technologies Inc. Class A 12,515 $1.1M Reduce -15.4% GRAL Grail Inc. 40,000 $1.0M Reduce -72.1% HD Home Depot Inc. 2,695 $988K New ADBE Adobe Inc. 2,500 $959K New XLY SS Consumer Disc Select Sect 4,755 $939K Reduce -45.4% XLK SS Technology Select Sector 4,463 $922K Reduce -9.5% BIL SS SPDR BB 1-3M T-Bill ETF 10,000 $917K New APPF Appfolio Inc. Class A 4,000 $880K New ZBRA Zebra Technologies Corp. Class A 3,100 $876K New MSCI MSCI Inc. 1,450 $820K New BOTZ Global X Robotics & Artifici 27,390 $780K Reduce -3.0% XBI SS SPDR S&P Biotech ETF 8,800 $714K Reduce -45.0% AMGN Amgen Inc. 2,005 $625K Add +0.1% XLV SS Health Care Select Sector 3,995 $583K Reduce -84.0% INBX Inhibrx Biosciences Inc. 38,647 $541K Reduce -50.4% GLD SPDR Gold Shares 1,742 $502K Add +4.3% NVDA Nvidia Corp. 4,575 $496K Reduce -24.9% MRNA Moderna Inc. 15,000 $425K New TSLA Tesla Inc. 1,186 $307K Reduce -62.9% ADPT Adaptive Biotechnologies 40,000 $297K New NEM Newmont Corp. 5,000 $241K New BRKR Bruker Corp. 5,500 $230K New BSM Black Stone Minerals LP 14,000 $214K Reduce -44.0% AMZN Amazon.com Inc. 1,104 $210K Add +2.3% MRVI Maravai Lifesciences Hldgs-A 72,000 $159K Add +2.9% FLNC Fluence Energy Inc. 13,000 $63K New
Options reported separately and not counted above: STATE STR SPDR S&P 500 ETF T calls ($6.9M).
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above) Security Class Shares / Principal Value Change UKOMW Ucommune International -CW25 *W EXP 11/01/202 100,096 $1K No change
Total filed on the 13F, all lines: $92.1M.
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ AAPL Apple Inc. Sold out 0.00% −3.52 XLV SS Health Care Select Sector Reduce -84.0% 0.63% −2.97 GRAL Grail Inc. Reduce -72.1% 1.11% −2.09 DVN Devon Energy Corp. Sold out 0.00% −1.35 XLY SS Consumer Disc Select Sect Reduce -45.4% 1.02% −1.02 TSLA Tesla Inc. Reduce -62.9% 0.33% −1.02 CRM Salesforce Inc. Sold out 0.00% −0.91 SPY SS SPDR S&P 500 ETF Trust-US Reduce -17.4% 4.02% −0.90 LULU Lululemon Athletica Inc. Sold out 0.00% −0.80 LBRT Liberty Energy Inc. Sold out 0.00% −0.76 XBI SS SPDR S&P Biotech ETF Reduce -45.0% 0.77% −0.73 MSFT Microsoft Corp. Sold out 0.00% −0.67 LUV Southwest Airlines Co. Sold out 0.00% −0.67 INBX Inhibrx Biosciences Inc. Reduce -50.4% 0.59% −0.65 TQQQ Proshares Ultrapro QQQ Reduce -7.4% 1.37% −0.60 LLY Eli Lilly & Co. Sold out 0.00% −0.50 ARKG ARK Genomic Revolution ETF Sold out 0.00% −0.49 COP Conocophillips Sold out 0.00% −0.41 ROK Rockwell Automation Inc. Sold out 0.00% −0.40 UCTT Ultra Clean Holdings Inc. Sold out 0.00% −0.37 TFC Truist Financial Corp. Sold out 0.00% −0.36 CARR Carrier Global Corp. Sold out 0.00% −0.36 MDY State Street SPDR S&P Midcap Reduce -10.9% 2.24% −0.35 NVDA Nvidia Corp. Reduce -24.9% 0.54% −0.32 IJR iShares Core S&P Small-Cap E Reduce -8.6% 1.80% −0.29 CNC Centene Corp. Sold out 0.00% −0.28 AZTA Azenta Inc. Sold out 0.00% −0.24 QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.23 XOM Exxon Mobil Corp. Sold out 0.00% −0.22 FOUR SHIFT4 Payments Inc. Class A Sold out 0.00% −0.22 KVYO Klaviyo Inc. Class A Sold out 0.00% −0.22 XLK SS Technology Select Sector Reduce -9.5% 1.00% −0.20 SNBRQ Sleep Number Corp. Sold out 0.00% −0.16 BSM Black Stone Minerals LP Reduce -44.0% 0.23% −0.14 TMCI Treace Medical Concepts Inc. Sold out 0.00% −0.10 BOTZ Global X Robotics & Artifici Reduce -3.0% 0.85% −0.10 TLS Telos Corporation Sold out 0.00% −0.07 IXUS iShares Core Intl Stock ETF Reduce -11.9% 1.51% −0.06 TE T1 Energy Inc. Sold out 0.00% −0.03 PLTR Palantir Technologies Inc. Class A Reduce -15.4% 1.15% −0.02 EDIT Editas Medicine Inc. Sold out 0.00% −0.01
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ SGOV iShares 0-3 Month Treasury B Add +29.5% 64.39% +16.61 HD Home Depot Inc. New 1.07% +1.07 ADBE Adobe Inc. New 1.04% +1.04 BIL SS SPDR BB 1-3M T-Bill ETF New 1.00% +1.00 APPF Appfolio Inc. Class A New 0.95% +0.95 ZBRA Zebra Technologies Corp. Class A New 0.95% +0.95 MSCI MSCI Inc. New 0.89% +0.89 MRNA Moderna Inc. New 0.46% +0.46 BIZD Vaneck BDC Income ETF Add +34.5% 1.27% +0.37 LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +7.2% 2.84% +0.33 ADPT Adaptive Biotechnologies New 0.32% +0.32 FSK FS KKR Capital Corp. Add +29.2% 1.25% +0.28 NEM Newmont Corp. New 0.26% +0.26 BRKR Bruker Corp. New 0.25% +0.25 AMGN Amgen Inc. Add +0.1% 0.68% +0.13 GLD SPDR Gold Shares Add +4.3% 0.54% +0.12 FLNC Fluence Energy Inc. New 0.07% +0.07 AMZN Amazon.com Inc. Add +2.3% 0.23% −0.02 MRVI Maravai Lifesciences Hldgs-A Add +2.9% 0.17% −0.23
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ STATE STR SPDR S&P 500 ETF T call Add +26.6% 1,096 $6.9M PROSHARES TR II call Sold out 3,000 $420Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 60 $161.5M SGOV, SPY, LQD, BIZD, FSK Q1 2026 39 $140.5M SGOV, GOOG, SPY, BIZD, LQD Q4 2025 48 $148.9M SGOV, LQD, GOOG, SPY, BIZD Q3 2025 47 $122.2M SGOV, GOOG, LQD, SPY, MDY Q2 2025 Amended 44 $106.9M SGOV, TQQQ, SPY, LQD, GOOG Q1 2025 36 $92.1M SGOV, SPY, LQD, MDY, ET Q4 2024 50 $95.6M SGOV, SPY, XLV, AAPL, GRAL