Avion Wealth

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), Avion Wealth reported 1,404 stock positions worth $389.7 million. Its top holding was Vanguard Ultra Short Bond Et (VUSB) at 13.8% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 12.9%) and Vanguard S&P 500 ETF (VOO, 8.5%). Compared with Q4 2024, it opened 440 new positions and added to 18. The biggest buy was Amazon.com (AMZN, shares +5%).

Most Recent 13F
Q2 2026
Location
THE WOODLANDS, TX
CIK
0001792704
Portfolio Value
$389.7M (Q1 2025)
SEC Filing
0001842974-25-000002 ↗ filed May 9, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $372.6M Q1 2024 Q2 2024: $362.5M Q2 2024 Q3 2024: $382.1M Q3 2024 Q4 2024: $389.2M Q4 2024 Q1 2025: $389.7M $389.7M Q1 2025 Q2 2025: $438.5M Q2 2025 Q3 2025: $466.0M Q3 2025 Q4 2025: $476.6M Q4 2025 Q1 2026: $483.8M Q1 2026 Q2 2026: $537.3M Q2 2026

Holdings 1,404 stocks · $389.7M
VUSB Vanguard Ultra Short Bond Et 13.85% 1,087,425 $54.0M Add +0.1%
VEA Vanguard Ftse Developed ETF 12.89% 1,050,770 $50.2M Add +0.2%
VOO Vanguard S&P 500 ETF 8.53% 61,700 $33.2M No change
BNDX Vanguard Total Intl Bond ETF 7.45% 591,893 $29.0M Add +0.1%
VOE Vngrd Mrngstr MD-Cap Val ETF 5.84% 140,708 $22.8M Add +0.2%
VYM Vanguard High DVD Yield ETF 5.38% 164,433 $21.0M Add +0.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 4.42% 86,929 $17.2M Add +0.1%
VTI VG Morningstar TS MKT ETF-US 4.12% 55,418 $16.1M No change
VNQ Vanguard Real Estate ETF 3.20% 139,969 $12.5M Add +0.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 2.75% 40,638 $10.7M No change
DFAC Dimensional US Core Equity 2 2.75% 310,246 $10.7M No change
MINT PIMCO Enhanced Short Maturit 2.38% 92,261 $9.3M No change
VEU Vanguard Ftse All-World Ex-U 2.24% 152,224 $8.7M Add +0.3%
IEFA iShares Core MSCI Eafe ETF 1.63% 90,169 $6.3M No change
VUG Vanguard Mrngstar GR ETF-Sui 1.49% 14,165 $5.8M Add +0.1%
AAPL Apple Inc. 1.06% 16,434 $4.1M Add +0.3%
BSV Vanguard Short-Term Bond ETF 0.91% 45,846 $3.5M No change
VWO Vanguard Ftse Emerging Marke 0.89% 79,030 $3.5M No change
KMI Kinder Morgan Inc. 0.78% 110,952 $3.0M No change
SCI Service Corp. International 0.72% 35,100 $2.8M No change
XOM Exxon Mobil Corp. 0.67% 24,377 $2.6M No change
BA The Boeing Co. 0.61% 13,372 $2.4M Add +0.0%
VFH Vanguard Financials ETF 0.59% 19,506 $2.3M No change
HAL Halliburton Co. 0.57% 81,321 $2.2M No change
BRK.B Berkshire Hathaway Inc. Class B 0.56% 4,839 $2.2M No change
MSFT Microsoft Corp. 0.48% 4,456 $1.9M Add +0.2%
EPD Enterprise Products Partners 0.48% 59,304 $1.9M No change
AMZN Amazon.com Inc. 0.41% 7,332 $1.6M Add +5.2%
SCHZ Schwab US Aggregate Bond ETF 0.39% 66,329 $1.5M No change
AGG iShares Core U.S. Aggregate 0.38% 15,419 $1.5M No change
VOOV Vanguard S&P 500 Value ETF 0.35% 7,498 $1.4M No change
RWR SS SPDR Dow Jones REIT ETF 0.35% 13,964 $1.4M No change
TSLA Tesla Inc. 0.31% 2,986 $1.2M No change
BND Vanguard Total Bond Market 0.31% 16,741 $1.2M No change
VDE Vanguard Energy ETF 0.30% 9,610 $1.2M No change
IJR iShares Core S&P Small-Cap E 0.30% 10,058 $1.2M No change
ET Energy Transfer LP 0.27% 53,860 $1.1M No change
NVDA Nvidia Corp. 0.24% 7,077 $950K No change
IVV iShares Core S&P 500 ETF 0.22% 1,431 $842K No change
UAL United Airlines Holdings Inc. 0.20% 8,004 $777K No change
META Meta Platforms Inc. Class A 0.19% 1,277 $747K Add +6.7%
GOOGL Alphabet Inc. Class A 0.18% 3,696 $699K No change
VTIP Vanguard Short-Term Tips 0.18% 14,253 $690K No change
LGIH Lgi Homes Inc. 0.16% 7,081 $633K No change
CVX Chevron Corp. 0.15% 4,088 $592K No change
WMT Walmart Inc. 0.15% 6,469 $584K No change
WFC Wells Fargo & Co. 0.15% 8,288 $582K No change
LLY Eli Lilly & Co. 0.13% 678 $523K No change
ISRG Intuitive Surgical Inc. 0.13% 962 $502K No change
VGSH Vanguard Short-Term Treasury 0.12% 8,080 $470K No change
UNP Union Pacific Corp. 0.12% 2,046 $466K No change
IJH iShares Core S&P Midcap ETF 0.12% 7,435 $463K No change
QQQ Invesco QQQ Trust Series 1 0.12% 899 $459K No change
NTSX Wisdomtree US Efficient Core 0.12% 9,783 $456K No change
GLD SPDR Gold Shares 0.11% 1,843 $446K No change
VIG Vanguard Dividend Apprec ETF 0.11% 2,239 $438K No change
ITOT iShares Core S&P Total U.S. 0.10% 3,107 $399K No change
TMO Thermo Fisher Scientific Inc. 0.10% 729 $379K No change
SYY Sysco Corp. 0.09% 4,791 $366K No change
WPC WP Carey Inc. 0.09% 6,413 $349K No change
AVGO Broadcom Inc. 0.09% 1,484 $344K No change
SABA Saba Capital Income & Opp II 0.09% 37,091 $336K No change
QUAL iShares MSCI USA Quality Fac 0.08% 1,774 $315K No change
JPM JPMorgan Chase & Co. 0.08% 1,310 $313K No change
IJS iShares S&P Small-Cap 600 Va 0.08% 2,771 $300K No change
NTSI Wisdomtree International Eff 0.08% 8,437 $296K No change
DVY iShares Select Dividend ETF 0.07% 2,176 $285K No change
IEMG iShares Core MSCI Emerging 0.07% 5,362 $280K No change
DVN Devon Energy Corp. 0.07% 8,347 $273K No change
AXP American Express Co. 0.06% 830 $246K No change
NFLX Netflix Inc. 0.06% 273 $243K No change
EFA iShares MSCI Eafe ETF 0.06% 3,159 $238K No change
GOOG Alphabet Inc. Class C 0.06% 1,219 $232K No change
ED Consolidated Edison Inc. 0.06% 2,596 $231K No change
TCBX Third Coast Bancshares Inc. 0.06% 6,800 $230K No change
EMXC iShares MSCI Emr MRK Ex Chna 0.06% 4,142 $229K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.06% 851 $229K No change
COP Conocophillips 0.06% 2,299 $227K No change
HD Home Depot Inc. 0.06% 572 $222K No change
SCHM Schwab US Mid Cap ETF 0.06% 8,041 $222K No change
ADP Automatic Data Processing 0.06% 738 $216K No change
AVEM Avantis Emerging Markets Eq 0.05% 3,610 $212K No change
MRK Merck & Co. Inc. 0.05% 2,102 $209K No change
VONG Vanguard Russell 1000 Growth 0.05% 2,018 $208K No change
MCD McDonald's Corp. 0.05% 681 $197K Add +12.2%
DEM Wisdomtree Emerging Markets 0.05% 4,856 $196K No change
HII Huntington Ingalls Industrie 0.05% 996 $188K No change
MA Mastercard Inc. Class A 0.05% 354 $186K No change
XLV SS Health Care Select Sector 0.05% 1,355 $186K No change
CAT Caterpillar Inc. 0.05% 491 $177K No change
MCK McKesson Corp. 0.04% 306 $174K No change
RTX RTX Corp. 0.04% 1,498 $173K No change
PTLC Pacer Trendpilot US Large Ca 0.04% 3,201 $171K No change
XLK SS Technology Select Sector 0.04% 723 $168K No change
MOAT Vaneck Morningstar Wide Moat 0.04% 1,786 $165K No change
SPYG SS SPDR P S&P 500 Growth ETF 0.04% 1,867 $164K No change
SBUX Starbucks Corp. 0.04% 1,786 $162K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.04% 3,623 $159K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.04% 271 $158K No change
SOFI Sofi Technologies Inc. 0.04% 10,124 $155K No change

Show all 1,404 holdings

Options reported separately and not counted above: ASLE calls ($6K).

Other holdings (9): bonds, preferreds, convertibles and warrants · $16K (not counted above)
SecurityClassShares / PrincipalValueChange
PARAA Paramount Global Class B CLASS B COM · principal 1,000$10KNo change
IONQ.WS Ionq Inc. -CW26 *W EXP 09/30/202 200$6KNo change
HOFVW Hall of Fame Resort -CW *W EXP 07/01/202 2,000$0New
LTRYW Sports Entertainment-CW21 *W EXP 10/15/202 2,000$0New
MVSTW Microvast Hold Inc.-CW26 *W EXP 07/23/202 1,000$0New
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 23$0New
SESCW Ivanhoe Capital Class A -CW27 *W EXP 12/10/202 500$0New
MAPSW WM Technology Inc.-CW24 *W EXP 06/16/202 600$0New
PSEWF Paysafe Ltd. -CW26 *W EXP 03/30/202 1,000$0New

Total filed on the 13F, all lines: $389.7M.

Portfolio Sells Q4 2024 → Q1 2025
None this quarter.

Portfolio Buys Q4 2024 → Q1 2025
AMZN Amazon.com Inc. Add +5.2% 0.41% +0.02
META Meta Platforms Inc. Class A Add +6.7% 0.19% +0.01
VEA Vanguard Ftse Developed ETF Add +0.2% 12.89% +0.01
MCD McDonald's Corp. Add +12.2% 0.05% +0.01
VEU Vanguard Ftse All-World Ex-U Add +0.3% 2.24% +0.00
VZ Verizon Communications Inc. Add +40.0% 0.01% +0.00
VOE Vngrd Mrngstr MD-Cap Val ETF Add +0.2% 5.84% +0.00
RPM RPM International Inc. Add +675.0% 0.00% +0.00
AAPL Apple Inc. Add +0.3% 1.06% +0.00
EWJ iShares MSCI Japan ETF New 0.00% +0.00
SHY iShares 1-3 Year Treasury Bo New 0.00% +0.00
MSFT Microsoft Corp. Add +0.2% 0.48% +0.00
PEP Pepsico Inc. Add +1.9% 0.02% +0.00
VBR Vngrd Mrngst SL-CP Val ETF-U Add +0.1% 4.42% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 1.49% +0.00
SDFI AB Short Duration Income ETF New 0.00% 0.00
AES AES Corp. New 0.00% 0.00
AMC AMC Entertainment HLDS Class A New 0.00% 0.00
AMN Amn Healthcare Services Inc. New 0.00% 0.00
APG Api Group Corp. New 0.00% 0.00
EFOR Everforth Inc. New 0.00% 0.00
AXTI Axt Inc. New 0.00% 0.00
ABEO Abeona Therapeutics Inc. New 0.00% 0.00
FAX Abrdn Asia-Pacific Income New 0.00% 0.00
ACRV Acrivon Therapeutics Inc. New 0.00% 0.00
ADPT Adaptive Biotechnologies New 0.00% 0.00
AEIS Advanced Energy Industries New 0.00% 0.00
AEROVATE THERAPEUTICS INC New 0.00% 0.00
AVAV Aerovironment Inc. New 0.00% 0.00
AFRM Affirm Holdings Inc. New 0.00% 0.00
RNTX Rein Therapeutics Inc. New 0.00% 0.00
ALRM Alarm.com Holdings Inc. New 0.00% 0.00
ALK Alaska Air Group Inc. New 0.00% 0.00
ALB Albemarle Corp. New 0.00% 0.00
ALLK Allakos LLC New 0.00% 0.00
ALE Allete Inc. New 0.00% 0.00
LNT Alliant Energy Corp. New 0.00% 0.00
ALLY Ally Financial Inc. New 0.00% 0.00
AMR Alpha Metallurgical Resource New 0.00% 0.00
PINE Alpine Income Property Trust New 0.00% 0.00
AEE Ameren Corporation New 0.00% 0.00
AFG American Financial Group Inc. New 0.00% 0.00
CRMT America's Car-Mart Inc. New 0.00% 0.00
AMSF Amerisafe Inc. New 0.00% 0.00
FOLD Amicus Therapeutics Inc. New 0.00% 0.00
AMKR Amkor Technology Inc. New 0.00% 0.00
ANAB Anaptysbio Inc. New 0.00% 0.00
ANIX Anixa Biosciences Inc. New 0.00% 0.00
AR Antero Resources Corp. New 0.00% 0.00
APLS Apellis Pharmaceuticals Inc. New 0.00% 0.00

Options Activity Q4 2024 → Q1 2025
ASLE Aersale Corp. call New 1,000 $6K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q4 2024 → Q1 2025
ASLE Aersale Corp. COM · principal Sold out 1,000 $6Kbefore exit
HOFVW Hall of Fame Resort -CW *W EXP 07/01/202 New 2,000 $0
LTRYW Sports Entertainment-CW21 *W EXP 10/15/202 New 2,000 $0
MVSTW Microvast Hold Inc.-CW26 *W EXP 07/23/202 New 1,000 $0
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 New 23 $0
UTG Reaves Utility Income Fund COM SH BEN INT New 0 $0
SESCW Ivanhoe Capital Class A -CW27 *W EXP 12/10/202 New 500 $0
SLYG SS SPDR S&P 600 SC GR ETF ST STR SP600GRWO New 0 $0
SLYV SS SPDR S&P 600 SC Val ETF ST STR SP600SM C New 0 $0
MDYG SS SPDR S&P 400 MC GR ETF ST STR SP400GRW New 0 $0
MAPSW WM Technology Inc.-CW24 *W EXP 06/16/202 New 600 $0
PSEWF Paysafe Ltd. -CW26 *W EXP 03/30/202 New 1,000 $0

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,739$537.3MVUSB, VEA, VOO, VEU, VOE
Q1 2026 1,540$483.8MVUSB, VEA, VOO, VEU, VOE
Q4 2025 1,545$476.6MVUSB, VEA, VOO, VOE, VEU
Q3 2025 1,509$466.0MVUSB, VEA, VOO, BNDX, VOE
Q2 2025Amended 1,473$438.5MVUSB, VEA, VOO, BNDX, VOE
Q1 2025 1,404$389.7MVUSB, VEA, VOO, BNDX, VOE
Q4 2024 964$389.2MVUSB, VEA, VOO, BNDX, VOE
Q3 2024 1,296$382.1MVEA, VUSB, VOO, BNDX, VYM
Q2 2024 1,224$362.5MVEA, VUSB, VOO, BNDX, VYM
Q1 2024 1,144$372.6MVEA, VUSB, VOO, BNDX, VYM