Blue Bell Private Wealth Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 22, 2025), Blue Bell Private Wealth Management, LLC reported 730 stock positions worth $657.6 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 24.3% of the portfolio, followed by General American Investors (GAM, 7.0%) and Schwab US Large-Cap ETF (SCHX, 3.3%). Compared with Q2 2025, it opened 41 new positions, sold out of 36, added to 207 and reduced 189. The biggest buy was ASA Gold and Precious Metals (ASA, shares +9%) and the biggest sale BlackRock Tech & Priv Eqty (BTX, shares −65%).
- Most Recent 13F
- Q2 2026
- Location
- BLUE BELL, PA
- CIK
- 0001352860
- Portfolio Value
- $657.6M (Q3 2025)
- SEC Filing
- 0001352860-25-000007 ↗ filed Oct 22, 2025
Holdings Value
Holdings 730 stocks · $657.6M
| SPY SS SPDR S&P 500 ETF Trust-US | 24.28% | 239,721 | $159.7M | Add +0.1% |
| GAM General American Investors | 6.96% | 735,423 | $45.8M | Add +0.2% |
| SCHX Schwab US Large-Cap ETF | 3.30% | 824,178 | $21.7M | Reduce -1.2% |
| ADX Adams Diversified Equity | 3.14% | 926,556 | $20.7M | Reduce -0.8% |
| SCHB Schwab US Broad Market ETF | 2.40% | 614,063 | $15.8M | Reduce -0.9% |
| CET Central Securities Corp. | 2.25% | 287,793 | $14.8M | Add +14.8% |
| TY Tri-Continental Corp. | 2.16% | 418,033 | $14.2M | Add +0.6% |
| IWM iShares Russell 2000 ETF | 2.10% | 56,965 | $13.8M | Reduce -5.5% |
| VTI VG Morningstar TS MKT ETF-US | 1.65% | 32,986 | $10.8M | Reduce -8.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.44% | 120,503 | $9.4M | Add +13.4% |
| RSP Invesco S&P 500 Equal Weight | 1.43% | 49,715 | $9.4M | Reduce -0.7% |
| RVT Royce Small-Cap Trust Inc. | 1.38% | 563,372 | $9.1M | Add +14.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.24% | 17,593 | $8.2M | Add +0.1% |
| AAPL Apple Inc. | 1.06% | 27,341 | $7.0M | Reduce -3.8% |
| VOO Vanguard S&P 500 ETF | 1.04% | 11,161 | $6.8M | Reduce -0.2% |
| IVV iShares Core S&P 500 ETF | 0.98% | 9,611 | $6.4M | Reduce -7.9% |
| ASA ASA Gold and Precious Metals | 0.96% | 138,355 | $6.3M | Add +9.3% |
| STEW SRH Total Return Fund Inc. | 0.83% | 301,134 | $5.5M | Add +8.4% |
| RMT Royce Micro-Cap Trust Inc. | 0.82% | 519,350 | $5.4M | Add +9.7% |
| SCHA Schwab US Small-Cap ETF | 0.78% | 183,726 | $5.1M | Reduce -1.0% |
| NBXG Neuberger Next Generation Co. | 0.74% | 317,370 | $4.9M | Add +7.7% |
| MSFT Microsoft Corp. | 0.73% | 9,262 | $4.8M | Reduce -6.0% |
| FMAR FT Vest US Equity Buffer ETF | 0.70% | 99,771 | $4.6M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.66% | 7,179 | $4.3M | Add +1.1% |
| SPE Special Opportunities Fund | 0.64% | 272,298 | $4.2M | Add +10.4% |
| BJUN Innovator U.S. Equity Buffer | 0.64% | 91,417 | $4.2M | Add +1.5% |
| SCHM Schwab US Mid Cap ETF | 0.63% | 139,632 | $4.1M | Add +0.2% |
| SCHV Schwab US Large-Cap Value | 0.63% | 142,074 | $4.1M | Reduce -0.6% |
| XMAR FT Vest US Equity Enhance & | 0.58% | 97,258 | $3.8M | Reduce -1.5% |
| OCTW Alianzim US Eq BFR20 Oct-Usd | 0.58% | 99,004 | $3.8M | Reduce -13.3% |
| XBOC Innovator US Eqy Acc 9 Buff | 0.57% | 113,591 | $3.7M | Reduce -1.9% |
| XGDVX Gabelli Dividend & Income TR | 0.55% | 133,958 | $3.6M | Add +13.2% |
| POCT Innovator U.S. Equity Power | 0.54% | 82,210 | $3.5M | Reduce -7.5% |
| NFJ Virtus DVD Intrst & PRM STR | 0.50% | 254,867 | $3.3M | Add +2.4% |
| XBJL Inn US Eq Acc 9 Buff July | 0.50% | 87,346 | $3.3M | Add +16.8% |
| BMAY Innovator U.S. Equity Buffer | 0.47% | 70,014 | $3.1M | Reduce -2.0% |
| BSTZ BlackRock Sci & Tech TRM TR | 0.43% | 127,935 | $2.8M | Add +2.5% |
| XBJA Innovator US Eq Ac 9 Buff-J | 0.42% | 89,034 | $2.8M | Reduce -0.5% |
| PJAN Innovator U.S. Equity Power | 0.40% | 58,077 | $2.7M | Reduce -4.5% |
| PJUL Innovator U.S. Equity Power | 0.40% | 57,475 | $2.6M | Reduce -3.5% |
| BJUL Innovator U.S. Equity Buffer | 0.39% | 52,289 | $2.6M | Reduce -0.3% |
| GRX Gabelli Healthcare & Well | 0.38% | 277,858 | $2.5M | Add +15.4% |
| IWF iShares Russell 1000 Growth | 0.37% | 5,232 | $2.5M | Reduce -2.5% |
| BJAN Innovator U.S. Equity Buffer | 0.37% | 45,909 | $2.4M | Reduce -2.6% |
| PEO Adams Natural Resources Fund | 0.37% | 113,014 | $2.4M | Reduce -0.5% |
| BAPR Innovator U.S. Equity Buffer | 0.37% | 51,684 | $2.4M | Reduce -2.0% |
| SCHD Schwab US DVD Equity ETF | 0.37% | 88,763 | $2.4M | Add +0.6% |
| PSFM Pacer Swan Sos Flex April | 0.37% | 77,484 | $2.4M | Reduce -1.4% |
| FAPR FT Vest U.S. Equity Buffer E | 0.36% | 55,030 | $2.4M | Reduce -1.9% |
| XLE SS Energy Select Sector | 0.36% | 26,266 | $2.3M | Reduce -0.3% |
| NVDA Nvidia Corp. | 0.35% | 12,338 | $2.3M | Add +16.6% |
| MEGI Nylim CBRE GB Infra Mtrnd TF filed as NYLI CBRE GBL INFR MEGTRNDS | 0.35% | 156,671 | $2.3M | Add +16.1% |
| SCHG Schwab US Large-Cap Growth | 0.35% | 71,143 | $2.3M | Add +0.8% |
| SGOL Abrdn Physical Gold Shares | 0.33% | 59,571 | $2.2M | No change |
| PFEB Innovator U.S. Equity Power | 0.33% | 55,033 | $2.2M | Reduce -1.8% |
| VEA Vanguard Ftse Developed ETF | 0.33% | 36,351 | $2.2M | Add +13.3% |
| ECF Ellsworth Growth and Income | 0.33% | 185,809 | $2.2M | Add +15.4% |
| JNJ Johnson & Johnson | 0.32% | 11,190 | $2.1M | Reduce -0.4% |
| FJUN FT Vest US Equity Buff ETF-J | 0.32% | 37,044 | $2.1M | Add +2.3% |
| DMA Destra Multi-Alternative | 0.30% | 231,459 | $2.0M | Add +33.4% |
| BMAR Innovator U.S. Equity Buffer | 0.29% | 37,204 | $1.9M | Reduce -1.9% |
| GGZ Gabelli Global Small & M | 0.29% | 131,781 | $1.9M | Add +11.9% |
| BOCT Innovator U.S. Equity Buffer | 0.28% | 38,622 | $1.9M | Reduce -3.7% |
| SABA Saba Capital Income & Opp II | 0.28% | 198,563 | $1.8M | Add +203.6% |
| PNOV Innovator U.S. Equity Power | 0.27% | 43,678 | $1.8M | Reduce -7.5% |
| BCV Bancroft Fund Ltd. | 0.27% | 80,279 | $1.8M | Add +23.0% |
| BFEB Innovator U.S. Equity Buffer | 0.27% | 37,177 | $1.8M | Reduce -3.3% |
| PMAR Innovator U.S. Equity Power | 0.26% | 39,463 | $1.7M | Reduce -1.7% |
| BAUG Innovator U.S. Equity Buffer | 0.25% | 33,408 | $1.6M | Reduce -2.2% |
| BSEP Innovator U.S. Equity Buffer | 0.25% | 33,639 | $1.6M | Reduce -3.5% |
| OCTT All US Equ BUF10 Oct ETF-Usd | 0.24% | 37,090 | $1.6M | Reduce -9.1% |
| AMZN Amazon.com Inc. | 0.22% | 6,727 | $1.5M | Add +7.2% |
| FUND Sprott Focus Trust Inc. | 0.22% | 174,865 | $1.5M | Add +19.9% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.22% | 43,404 | $1.5M | Reduce -6.0% |
| GOOG Alphabet Inc. Class C | 0.21% | 5,598 | $1.4M | Add +9.4% |
| GLD SPDR Gold Shares | 0.20% | 3,771 | $1.3M | Add +0.9% |
| FJUL FT Vest US Equity Buffer ETF | 0.20% | 24,007 | $1.3M | Reduce -1.4% |
| FSEP FT Vest U.S. Equity Buffer E | 0.20% | 25,831 | $1.3M | Add +80.3% |
| BMEZ BlackRock HLTH Sci TRM TR II | 0.20% | 89,467 | $1.3M | New |
| XAODX Abrdn Total Dynamic Dividend | 0.19% | 134,503 | $1.3M | Reduce -0.1% |
| GLO Clough Global Opportunities | 0.19% | 221,811 | $1.3M | Add +61.9% |
| KOCT Innovator U.S. Small Cap Pow | 0.19% | 37,415 | $1.2M | Reduce -0.3% |
| XGLQX Clough Global Equity Fund | 0.19% | 160,208 | $1.2M | Add +31.7% |
| JPM JPMorgan Chase & Co. | 0.18% | 3,810 | $1.2M | Add +4.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.18% | 4,624 | $1.2M | Add +1.1% |
| SWZ Total Return Securities Fund | 0.18% | 192,703 | $1.2M | Add +83.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.18% | 3,953 | $1.2M | Add +2.6% |
| XOM Exxon Mobil Corp. | 0.18% | 10,238 | $1.2M | Add +2.8% |
| FAUG FT Vest U.S. Equity Buffer E | 0.17% | 21,935 | $1.1M | Add +10.9% |
| XDEC FT Vest US Equity Enhance & | 0.17% | 28,197 | $1.1M | Reduce -1.7% |
| CEG Constellation Energy | 0.17% | 3,340 | $1.1M | Add +4960.6% |
| IWN iShares Russell 2000 Value E | 0.16% | 6,098 | $1.1M | No change |
| ERH Allspring Utilities and High | 0.16% | 86,045 | $1.1M | Add +0.8% |
| PAPR Innovator U.S. Equity Power | 0.16% | 27,382 | $1.1M | Reduce -1.5% |
| XJUN FT Vest U.S. Equity Enhance | 0.16% | 24,403 | $1.0M | Reduce -1.2% |
| HQL Abrdn Life Sciences Investor | 0.15% | 64,828 | $1.0M | Add +2.9% |
| HD Home Depot Inc. | 0.15% | 2,456 | $995K | Add +37.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 1,977 | $994K | Add +3.1% |
| GOOGL Alphabet Inc. Class A | 0.15% | 4,078 | $991K | Add +2.2% |
| XTEAX Tortoise Sust&social Imp Ter | 0.15% | 82,511 | $970K | Add +6.5% |
Options reported separately and not counted above: SPY puts ($266K), SPY calls ($67K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $76K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SPECIAL OPPORTUNITY FUND (SPE 2.75 01/27/27 C) | 2.75% CNV PFD C | 3,056 | $76K | No change |
Lines left out (1) · $13 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| DWX State Street SPDR S&P Intern | ST S&P INTL ETF | 0 | $13 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $657.7M.
Portfolio Sells Q2 2025 → Q3 2025
| BTX BlackRock Tech & Priv Eqty | Reduce -64.5% | 0.13% | −0.31 |
| ADX Adams Diversified Equity | Reduce -0.8% | 3.14% | −0.25 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -8.6% | 1.65% | −0.19 |
| OCTW Alianzim US Eq BFR20 Oct-Usd | Reduce -13.3% | 0.58% | −0.13 |
| SCHX Schwab US Large-Cap ETF | Reduce -1.2% | 3.30% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -7.9% | 0.98% | −0.10 |
| XPMAX Pioneer Municipal High Inc. | Sold out | 0.00% | −0.09 |
| MSFT Microsoft Corp. | Reduce -6.0% | 0.73% | −0.09 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.7% | 1.43% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce -5.5% | 2.10% | −0.08 |
| POCT Innovator U.S. Equity Power | Reduce -7.5% | 0.54% | −0.07 |
| SCHB Schwab US Broad Market ETF | Reduce -0.9% | 2.40% | −0.07 |
| FMAR FT Vest US Equity Buffer ETF | Reduce -1.3% | 0.70% | −0.05 |
| XMAR FT Vest US Equity Enhance & | Reduce -1.5% | 0.58% | −0.05 |
| XBOC Innovator US Eqy Acc 9 Buff | Reduce -1.9% | 0.57% | −0.05 |
| HERZ Herzfeld Credit Income Fund | Reduce -52.0% | 0.03% | −0.05 |
| XMHIX Pioneer Muni High Inc. TR | Sold out | 0.00% | −0.05 |
| IWD iShares Russell 1000 Value E | Reduce -43.9% | 0.05% | −0.05 |
| XMIOX Pioneer Muni High Inc. Opp | Sold out | 0.00% | −0.05 |
| PJAN Innovator U.S. Equity Power | Reduce -4.5% | 0.40% | −0.04 |
| TBLD Thornburg Income Builder Opp | Reduce -42.1% | 0.05% | −0.04 |
| PNOV Innovator U.S. Equity Power | Reduce -7.5% | 0.27% | −0.04 |
| PJUL Innovator U.S. Equity Power | Reduce -3.5% | 0.40% | −0.04 |
| BMAY Innovator U.S. Equity Buffer | Reduce -2.0% | 0.47% | −0.04 |
| PEO Adams Natural Resources Fund | Reduce -0.5% | 0.37% | −0.04 |
| OCTT All US Equ BUF10 Oct ETF-Usd | Reduce -9.1% | 0.24% | −0.03 |
| SCHV Schwab US Large-Cap Value | Reduce -0.6% | 0.63% | −0.03 |
| FAPR FT Vest U.S. Equity Buffer E | Reduce -1.9% | 0.36% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Sold out | 0.00% | −0.03 |
| BAPR Innovator U.S. Equity Buffer | Reduce -2.0% | 0.37% | −0.03 |
| PSFM Pacer Swan Sos Flex April | Reduce -1.4% | 0.37% | −0.03 |
| XBJA Innovator US Eq Ac 9 Buff-J | Reduce -0.5% | 0.42% | −0.03 |
| VHT Vanguard Health Care ETF | Reduce -25.6% | 0.07% | −0.03 |
| BJAN Innovator U.S. Equity Buffer | Reduce -2.6% | 0.37% | −0.03 |
| BUFR FT Vest Lad Buffervetf-Usd I | Reduce -6.0% | 0.22% | −0.02 |
| XJEQX Abrdn Japan Equity Fund Inc. | Reduce -72.6% | 0.01% | −0.02 |
| PFEB Innovator U.S. Equity Power | Reduce -1.8% | 0.33% | −0.02 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -96.3% | 0.00% | −0.02 |
| VOO Vanguard S&P 500 ETF | Reduce -0.2% | 1.04% | −0.02 |
| PYN PIMCO New York Muni FND III | Sold out | 0.00% | −0.02 |
| BOCT Innovator U.S. Equity Buffer | Reduce -3.7% | 0.28% | −0.02 |
| PMAR Innovator U.S. Equity Power | Reduce -1.7% | 0.26% | −0.02 |
| BFEB Innovator U.S. Equity Buffer | Reduce -3.3% | 0.27% | −0.02 |
| BMAR Innovator U.S. Equity Buffer | Reduce -1.9% | 0.29% | −0.02 |
| BJUL Innovator U.S. Equity Buffer | Reduce -0.3% | 0.39% | −0.02 |
| XLGIX Lazard GLBL TTL RTRN & Inc. | Reduce -53.1% | 0.01% | −0.02 |
| XLE SS Energy Select Sector | Reduce -0.3% | 0.36% | −0.02 |
| BSEP Innovator U.S. Equity Buffer | Reduce -3.5% | 0.25% | −0.02 |
| CRM Salesforce Inc. | Reduce -82.7% | 0.00% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -11.8% | 0.05% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| ASA ASA Gold and Precious Metals | Add +9.3% | 0.96% | +0.30 |
| CET Central Securities Corp. | Add +14.8% | 2.25% | +0.24 |
| BMEZ BlackRock HLTH Sci TRM TR II | New | 0.20% | +0.20 |
| SABA Saba Capital Income & Opp II | Add +203.6% | 0.28% | +0.17 |
| CEG Constellation Energy | Add +4960.6% | 0.17% | +0.16 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +13.4% | 1.44% | +0.15 |
| RVT Royce Small-Cap Trust Inc. | Add +14.5% | 1.38% | +0.14 |
| WTRG Essential Utilities Inc. | Add +369.3% | 0.13% | +0.11 |
| RMT Royce Micro-Cap Trust Inc. | Add +9.7% | 0.82% | +0.09 |
| GAM General American Investors | Add +0.2% | 6.96% | +0.08 |
| CASY Casey's General Stores Inc. | New | 0.08% | +0.08 |
| MVST Microvast Holdings Inc. | Add +15002.3% | 0.08% | +0.08 |
| FSEP FT Vest U.S. Equity Buffer E | Add +80.3% | 0.20% | +0.08 |
| EXC Exelon Corp. | Add +56273.7% | 0.07% | +0.07 |
| NVDA Nvidia Corp. | Add +16.6% | 0.35% | +0.07 |
| GLO Clough Global Opportunities | Add +61.9% | 0.19% | +0.07 |
| SWZ Total Return Securities Fund | Add +83.5% | 0.18% | +0.07 |
| BCV Bancroft Fund Ltd. | Add +23.0% | 0.27% | +0.06 |
| XSEP FT Vest U.S. Equity Enhance | Add +390.9% | 0.07% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +9.4% | 0.21% | +0.06 |
| BRW Saba Capital Income & Opport | New | 0.06% | +0.06 |
| ECF Ellsworth Growth and Income | Add +15.4% | 0.33% | +0.05 |
| DMA Destra Multi-Alternative | Add +33.4% | 0.30% | +0.05 |
| XBJL Inn US Eq Acc 9 Buff July | Add +16.8% | 0.50% | +0.05 |
| HFRO Highland Opport & Income | Add +53.3% | 0.12% | +0.05 |
| RGT Royce Global Trust Inc. | Add +53.4% | 0.14% | +0.05 |
| HD Home Depot Inc. | Add +37.8% | 0.15% | +0.04 |
| XGLQX Clough Global Equity Fund | Add +31.7% | 0.19% | +0.04 |
| FUND Sprott Focus Trust Inc. | Add +19.9% | 0.22% | +0.04 |
| XGDVX Gabelli Dividend & Income TR | Add +13.2% | 0.55% | +0.04 |
| GLV Clough Global Dividend & Inc. | Add +55.3% | 0.12% | +0.04 |
| ZTR Virtus Total Return Fund Inc. | Add +75.7% | 0.09% | +0.04 |
| CHW Calamos Global Dynamic Incom | Add +71.9% | 0.09% | +0.04 |
| DPG Duff & Phelps Utility & Inc. | Add +46.8% | 0.12% | +0.03 |
| GOOGL Alphabet Inc. Class A | Add +2.2% | 0.15% | +0.03 |
| HEQ John Hancock Divers Inc. Fund | Add +46.1% | 0.13% | +0.03 |
| ESEA Euroseas Ltd. | New | 0.03% | +0.03 |
| MEGI Nylim CBRE GB Infra Mtrnd TF | Add +16.1% | 0.35% | +0.03 |
| BAC Bank of America Corp. | Add +71.2% | 0.07% | +0.03 |
| GLW Corning Inc. | Add +1.1% | 0.09% | +0.03 |
| GGZ Gabelli Global Small & M | Add +11.9% | 0.29% | +0.03 |
| ORCL Oracle Corp. | Add +17.0% | 0.10% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +13.3% | 0.33% | +0.03 |
| JOF Japan Smaller Capitalization | Add +26.5% | 0.12% | +0.02 |
| NBXG Neuberger Next Generation Co. | Add +7.7% | 0.74% | +0.02 |
| SLV iShares Silver Trust | Add +11.5% | 0.10% | +0.02 |
| CRDO Credo Technology Group Holdi | Add +0.2% | 0.08% | +0.02 |
| ASG Liberty All-Star Growth FD | Add +71.7% | 0.05% | +0.02 |
| V Visa Inc. Class A | Add +31.8% | 0.15% | +0.02 |
| DIAX Nuveen Dow 30 Dynamic Overwr | Add +22.3% | 0.13% | +0.02 |
Options Activity Q2 2025 → Q3 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 400 | $266K |
| SPY SS SPDR S&P 500 ETF Trust-US | call | New | 100 | $67K |
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 | 715 | $802.1M | SPY, GAM, SCHX, ADX, CET |
| Q1 2026 | 723 | $695.6M | SPY, GAM, SCHX, ADX, CET |
| Q4 2025 | 722 | $681.8M | SPY, GAM, SCHX, ADX, SCHB |
| Q3 2025 | 730 | $657.6M | SPY, GAM, SCHX, ADX, SCHB |
| Q2 2025 | 726 | $598.4M | SPY, GAM, SCHX, ADX, SCHB |
| Q1 2025 | 716 | $527.9M | SPY, GAM, SCHX, ADX, SCHB |
| Q4 2024 | 672 | $524.8M | SPY, GAM, SCHX, ADX, SCHB |
| Q3 2024 | 683 | $523.4M | SPY, GAM, ADX, SCHX, SCHB |
| Q2 2024 | 713 | $484.2M | SPY, GAM, ADX, SCHX, SCHB |
| Q1 2024 | 720 | $466.0M | SPY, GAM, ADX, SCHX, SCHB |