Channel Wealth LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Channel Wealth LLC reported 174 stock positions worth $353.6 million. Its top holding was Angel Oak Income ETF (CARY) at 6.2% of the portfolio, followed by Microsoft (MSFT, 3.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 3.4%). Compared with Q1 2025, it opened 19 new positions, sold out of 12, added to 60 and reduced 62. The biggest buy was Vertex Pharmaceuticals (VRTX, shares +579%) and the biggest sale Angel Oak Income ETF (CARY, shares −13%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA BARBARA, CA
- CIK
- 0001975550
- Portfolio Value
- $353.6M (Q2 2025)
- SEC Filing
- 0001831193-25-000005 ↗ filed Jul 9, 2025
Holdings Value
Holdings 174 stocks · $353.6M
| CARY Angel Oak Income ETF | 6.19% | 1,053,012 | $21.9M | Reduce -12.8% |
| MSFT Microsoft Corp. | 3.87% | 27,507 | $13.7M | Add +0.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.39% | 19,379 | $12.0M | Add +0.6% |
| AAPL Apple Inc. | 3.32% | 57,175 | $11.7M | Add +1.5% |
| TXUE Thornburg Interntin Eqty ETF | 3.17% | 378,984 | $11.2M | Add +31.1% |
| NVDA Nvidia Corp. | 3.08% | 69,017 | $10.9M | Add +3.3% |
| SCHD Schwab US DVD Equity ETF | 2.96% | 394,853 | $10.5M | Add +64.1% |
| GOOG Alphabet Inc. Class C | 2.47% | 49,230 | $8.7M | Add +5.6% |
| GIGB Goldman Sachs Inv GRD Corp. | 2.42% | 185,579 | $8.5M | Reduce -0.7% |
| AUSF Global X Adaptive US Factor | 2.27% | 179,285 | $8.0M | Add +2.9% |
| LLY Eli Lilly & Co. | 2.25% | 10,217 | $8.0M | Add +2.7% |
| MINT PIMCO Enhanced Short Maturit | 2.07% | 72,773 | $7.3M | Add +63.4% |
| GSIE Goldman Sachs Activebeta Int | 1.97% | 175,205 | $6.9M | Add +24.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.96% | 14,301 | $6.9M | Reduce -0.8% |
| GTO Invesco Total Return Bond Et | 1.89% | 142,771 | $6.7M | Reduce -1.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.85% | 9 | $6.6M | No change |
| VRTX Vertex Pharmaceuticals Inc. | 1.75% | 13,877 | $6.2M | Add +578.9% |
| QQQ Invesco QQQ Trust Series 1 | 1.72% | 11,028 | $6.1M | Add +0.2% |
| LIN Linde PLC | 1.63% | 12,300 | $5.8M | Add +22.7% |
| ASML ASML Holding NV-NY Reg SHS | 1.59% | 7,012 | $5.6M | Add +1.7% |
| VEEV Veeva Systems Inc. Class A | 1.53% | 18,760 | $5.4M | Add +6.5% |
| JEPI JPMorgan Equity Premium Inco | 1.36% | 84,723 | $4.8M | Reduce -28.9% |
| XLK SS Technology Select Sector | 1.36% | 18,969 | $4.8M | Add +20.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.24% | 63,711 | $4.4M | Reduce -2.9% |
| VIG Vanguard Dividend Apprec ETF | 1.22% | 21,104 | $4.3M | Reduce -0.6% |
| ACN Accenture PLC Class A | 1.20% | 14,205 | $4.2M | Add +53.2% |
| AZN Astrazeneca PLC-Spons ADR | 1.13% | 57,391 | $4.0M | Add +35.1% |
| UBER Uber Technologies Inc. | 1.12% | 42,438 | $4.0M | New |
| META Meta Platforms Inc. Class A | 1.11% | 5,297 | $3.9M | Add +11.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.09% | 42,140 | $3.9M | Add +30.6% |
| ADBE Adobe Inc. | 1.08% | 9,841 | $3.8M | Reduce -0.0% |
| APPF Appfolio Inc. Class A | 1.08% | 16,526 | $3.8M | Reduce -7.3% |
| VOO Vanguard S&P 500 ETF | 1.06% | 6,629 | $3.8M | Reduce -0.5% |
| XLF SS Financial Select Sector | 1.06% | 71,381 | $3.7M | Reduce -10.2% |
| JSI JH Securitized Income ETF | 1.00% | 67,145 | $3.5M | Add +74.3% |
| ICOW Pacer Developed Markets Inte | 0.98% | 102,109 | $3.5M | Reduce -18.7% |
| AVGO Broadcom Inc. | 0.94% | 12,107 | $3.3M | Reduce -27.9% |
| TTE Totalenergies SE -Spon ADR | 0.94% | 54,154 | $3.3M | New |
| JPM JPMorgan Chase & Co. | 0.93% | 11,309 | $3.3M | Add +1.9% |
| EPI Wisdomtree India Earnings | 0.91% | 67,970 | $3.2M | Add +4.3% |
| AMZN Amazon.com Inc. | 0.89% | 14,326 | $3.1M | Reduce -0.7% |
| ANET Arista Networks Inc. | 0.84% | 29,126 | $3.0M | New |
| COST Costco Wholesale Corp. | 0.83% | 2,952 | $2.9M | Reduce -0.6% |
| XLI SS Industrial Select Sector | 0.76% | 18,288 | $2.7M | Reduce -21.6% |
| PGR Progressive Corp. | 0.71% | 9,422 | $2.5M | Add +7.1% |
| AMD Advanced Micro Devices | 0.68% | 17,050 | $2.4M | Reduce -2.7% |
| PG The Procter & Gamble Co. | 0.66% | 14,624 | $2.3M | Reduce -9.6% |
| V Visa Inc. Class A | 0.64% | 6,380 | $2.3M | Add +0.2% |
| PHM Pultegroup Inc. | 0.64% | 21,300 | $2.2M | New |
| BUFF Innovator Laddered Allocatio | 0.57% | 42,954 | $2.0M | Reduce -55.4% |
| ENVX Enovix Corp. | 0.55% | 187,237 | $1.9M | Reduce -0.2% |
| JAAA Janus Henderson Aaa Clo ETF | 0.51% | 35,860 | $1.8M | Reduce -47.2% |
| GOOGL Alphabet Inc. Class A | 0.51% | 10,214 | $1.8M | Add +0.9% |
| BSX Boston Scientific Corp. | 0.51% | 16,730 | $1.8M | New |
| GEV GE Vernova Inc. | 0.48% | 3,229 | $1.7M | Reduce -70.8% |
| MCK McKesson Corp. | 0.45% | 2,174 | $1.6M | Reduce -48.3% |
| FCAL First Trust California Munic | 0.43% | 31,808 | $1.5M | Add +7.1% |
| HGER Harbor Commodity All Weather | 0.42% | 61,197 | $1.5M | Reduce -32.6% |
| TSLA Tesla Inc. | 0.42% | 4,662 | $1.5M | Reduce -3.4% |
| NOBL Proshares S&P 500 Dividend A | 0.34% | 11,892 | $1.2M | Reduce -2.3% |
| GSST Goldman Sachs Ultra Short Bo | 0.31% | 21,395 | $1.1M | Reduce -2.7% |
| ORCL Oracle Corp. | 0.29% | 4,654 | $1.0M | No change |
| O Realty Income Corp. | 0.27% | 16,688 | $961K | Add +21.6% |
| XOM Exxon Mobil Corp. | 0.27% | 8,795 | $948K | Add +0.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 2,058 | $902K | Reduce -0.2% |
| AXP American Express Co. | 0.25% | 2,816 | $898K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 2,946 | $895K | Add +0.1% |
| MUC BlackRock Munihold Ca QLTY | 0.25% | 84,482 | $874K | Add +2.1% |
| SYK Stryker Corp. | 0.24% | 2,179 | $862K | Add +0.1% |
| LINC Lincoln Educational Services | 0.23% | 34,734 | $801K | New |
| GBTC Grayscale Bitcoin Trust ETF | 0.22% | 9,368 | $795K | Add +53.6% |
| XLRE SS Real Estate Select Sector | 0.22% | 18,736 | $776K | Reduce -39.6% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.21% | 30,950 | $760K | Add +0.0% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.21% | 31,150 | $747K | Reduce -13.8% |
| GLD SPDR Gold Shares | 0.21% | 2,421 | $738K | Reduce -2.0% |
| JNJ Johnson & Johnson | 0.21% | 4,813 | $735K | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.21% | 3,233 | $732K | Add +12.6% |
| JPST JPMorgan Ultra-Short Income | 0.20% | 14,209 | $720K | Reduce -30.5% |
| EXAS Exact Sciences Corp. | 0.20% | 13,285 | $706K | Reduce -49.5% |
| OMFL Invesco Russell 1000 DYN M/F | 0.19% | 11,883 | $687K | Reduce -11.3% |
| GE General Electric filed as GE AEROSPACE | 0.19% | 2,655 | $683K | Reduce -0.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.19% | 11,975 | $660K | Reduce -7.3% |
| CVX Chevron Corp. | 0.18% | 4,406 | $631K | Reduce -13.2% |
| ISRG Intuitive Surgical Inc. | 0.17% | 1,118 | $608K | Reduce -0.3% |
| AMGN Amgen Inc. | 0.17% | 2,122 | $593K | Add +1.5% |
| ABBV Abbvie Inc. | 0.16% | 3,112 | $578K | Add +4.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.16% | 2,058 | $576K | Reduce -14.4% |
| CAT Caterpillar Inc. | 0.16% | 1,441 | $559K | No change |
| APEI American Public Education | 0.15% | 17,595 | $536K | New |
| IVV iShares Core S&P 500 ETF | 0.15% | 863 | $536K | Add +52.5% |
| WMT Walmart Inc. | 0.15% | 5,472 | $535K | No change |
| OBDC Blue Owl Capital Corp. | 0.15% | 36,965 | $530K | Reduce -15.2% |
| QYLD Global X Nasd 100 Cov Call | 0.15% | 31,304 | $523K | Reduce -17.8% |
| COR Cencora Inc. | 0.15% | 1,742 | $522K | No change |
| RTX RTX Corp. | 0.14% | 3,416 | $499K | Reduce -2.8% |
| IEI iShares 3-7 Year Treasury Bo | 0.14% | 4,082 | $486K | No change |
| MRK Merck & Co. Inc. | 0.14% | 6,106 | $483K | Reduce -1.9% |
| DLR Digital Realty Trust Inc. | 0.13% | 2,733 | $476K | Add +0.0% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.13% | 11,019 | $475K | Add +1.3% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.13% | 8,745 | $466K | No change |
Options reported separately and not counted above: ENVX calls ($15K).
Portfolio Sells Q1 2025 → Q2 2025
| CARY Angel Oak Income ETF | Reduce -12.8% | 6.19% | −1.60 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −1.02 |
| JEPI JPMorgan Equity Premium Inco | Reduce -28.9% | 1.36% | −0.75 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -89.6% | 0.09% | −0.75 |
| BUFF Innovator Laddered Allocatio | Reduce -55.4% | 0.57% | −0.75 |
| GEV GE Vernova Inc. | Reduce -70.8% | 0.48% | −0.57 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -47.2% | 0.51% | −0.56 |
| CCJ Cameco Corp. | Sold out | 0.00% | −0.45 |
| MCK McKesson Corp. | Reduce -48.3% | 0.45% | −0.43 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.8% | 1.96% | −0.42 |
| ICLR Icon PLC | Sold out | 0.00% | −0.39 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -84.6% | 0.06% | −0.35 |
| VRT Vertiv Holdings Co. Class A | Reduce -85.5% | 0.11% | −0.35 |
| HGER Harbor Commodity All Weather | Reduce -32.6% | 0.42% | −0.26 |
| GIGB Goldman Sachs Inv GRD Corp. | Reduce -0.7% | 2.42% | −0.24 |
| ICOW Pacer Developed Markets Inte | Reduce -18.7% | 0.98% | −0.24 |
| GTO Invesco Total Return Bond Et | Reduce -1.4% | 1.89% | −0.22 |
| PG The Procter & Gamble Co. | Reduce -9.6% | 0.66% | −0.20 |
| XLI SS Industrial Select Sector | Reduce -21.6% | 0.76% | −0.19 |
| XLRE SS Real Estate Select Sector | Reduce -39.6% | 0.22% | −0.18 |
| RSP Invesco S&P 500 Equal Weight | Reduce -66.0% | 0.08% | −0.18 |
| XLF SS Financial Select Sector | Reduce -10.2% | 1.06% | −0.17 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -2.9% | 1.24% | −0.17 |
| EXAS Exact Sciences Corp. | Reduce -49.5% | 0.20% | −0.15 |
| APPF Appfolio Inc. Class A | Reduce -7.3% | 1.08% | −0.14 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.13 |
| JPST JPMorgan Ultra-Short Income | Reduce -30.5% | 0.20% | −0.12 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.10 |
| ADBE Adobe Inc. | Reduce -0.0% | 1.08% | −0.10 |
| KO The Coca-Cola Co. | Reduce -37.7% | 0.12% | −0.09 |
| CVX Chevron Corp. | Reduce -13.2% | 0.18% | −0.09 |
| PAVE Global X US Infrastructure | Sold out | 0.00% | −0.08 |
| VST Vistra Corp. | Sold out | 0.00% | −0.08 |
| DJIA Global X Dow 30 Cov Call ETF | Sold out | 0.00% | −0.08 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.08 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.07 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.07 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.06 |
| VIG Vanguard Dividend Apprec ETF | Reduce -0.6% | 1.22% | −0.06 |
| XLV SS Health Care Select Sector | Reduce -17.9% | 0.12% | −0.05 |
| QYLD Global X Nasd 100 Cov Call | Reduce -17.8% | 0.15% | −0.05 |
| OBDC Blue Owl Capital Corp. | Reduce -15.2% | 0.15% | −0.05 |
| NOBL Proshares S&P 500 Dividend A | Reduce -2.3% | 0.34% | −0.05 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Reduce -13.8% | 0.21% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -0.6% | 0.83% | −0.05 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -23.2% | 0.13% | −0.04 |
| FSCO FS Credit Opportunities Corp. | Reduce -25.3% | 0.09% | −0.04 |
| GSST Goldman Sachs Ultra Short Bo | Reduce -2.7% | 0.31% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -1.9% | 0.14% | −0.04 |
| PFFD Global X US Preferred ETF | Reduce -31.9% | 0.06% | −0.04 |
Portfolio Buys Q1 2025 → Q2 2025
| VRTX Vertex Pharmaceuticals Inc. | Add +578.9% | 1.75% | +1.44 |
| UBER Uber Technologies Inc. | New | 1.12% | +1.12 |
| TTE Totalenergies SE -Spon ADR | New | 0.94% | +0.94 |
| SCHD Schwab US DVD Equity ETF | Add +64.1% | 2.96% | +0.87 |
| ANET Arista Networks Inc. | New | 0.84% | +0.84 |
| NVDA Nvidia Corp. | Add +3.3% | 3.08% | +0.83 |
| TXUE Thornburg Interntin Eqty ETF | Add +31.1% | 3.17% | +0.79 |
| MINT PIMCO Enhanced Short Maturit | Add +63.4% | 2.07% | +0.68 |
| MSFT Microsoft Corp. | Add +0.2% | 3.87% | +0.66 |
| PHM Pultegroup Inc. | New | 0.64% | +0.64 |
| BSX Boston Scientific Corp. | New | 0.51% | +0.51 |
| GSIE Goldman Sachs Activebeta Int | Add +24.9% | 1.97% | +0.41 |
| JSI JH Securitized Income ETF | Add +74.3% | 1.00% | +0.37 |
| XLK SS Technology Select Sector | Add +20.0% | 1.36% | +0.34 |
| ACN Accenture PLC Class A | Add +53.2% | 1.20% | +0.30 |
| VEEV Veeva Systems Inc. Class A | Add +6.5% | 1.53% | +0.26 |
| META Meta Platforms Inc. Class A | Add +11.4% | 1.11% | +0.25 |
| LINC Lincoln Educational Services | New | 0.23% | +0.23 |
| GOOG Alphabet Inc. Class C | Add +5.6% | 2.47% | +0.21 |
| LIN Linde PLC | Add +22.7% | 1.63% | +0.18 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +30.6% | 1.09% | +0.17 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.7% | 1.59% | +0.17 |
| AZN Astrazeneca PLC-Spons ADR | Add +35.1% | 1.13% | +0.16 |
| APEI American Public Education | New | 0.15% | +0.15 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.2% | 1.72% | +0.12 |
| GENI Genius Sports Ltd. | New | 0.10% | +0.10 |
| GBTC Grayscale Bitcoin Trust ETF | Add +53.6% | 0.22% | +0.10 |
| DSGX The Descartes Systems Grp | New | 0.09% | +0.09 |
| IJR iShares Core S&P Small-Cap E | New | 0.09% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +1.9% | 0.93% | +0.08 |
| USB US Bancorp | New | 0.08% | +0.08 |
| FSLR First Solar Inc. | New | 0.07% | +0.07 |
| MS Morgan Stanley | New | 0.06% | +0.06 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | New | 0.06% | +0.06 |
| VOOG Vanguard S&P 500 Growth ETF | New | 0.06% | +0.06 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.6% | 0.21% | +0.06 |
| IWF iShares Russell 1000 Growth | New | 0.06% | +0.06 |
| DIS The Walt Disney Co. | New | 0.06% | +0.06 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | New | 0.06% | +0.06 |
| IVV iShares Core S&P 500 ETF | Add +52.5% | 0.15% | +0.05 |
| INTU Intuit Inc. | Add +27.6% | 0.11% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 3.39% | +0.04 |
| ATOM Atomera Inc. | Add +49.1% | 0.08% | +0.03 |
| F Ford Motor Co. | New | 0.03% | +0.03 |
| EPI Wisdomtree India Earnings | Add +4.3% | 0.91% | +0.03 |
| O Realty Income Corp. | Add +21.6% | 0.27% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +0.9% | 0.51% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +0.6% | 0.11% | +0.02 |
| DLR Digital Realty Trust Inc. | Add +0.0% | 0.13% | +0.01 |
| QUAL iShares MSCI USA Quality Fac | Add +11.2% | 0.11% | +0.01 |
Options Activity Q1 2025 → Q2 2025
| ENVX Enovix Corp. | call | New | 10,600 | $15K |
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 | 188 | $445.9M | CARY, TXUE, AAPL, ACWI, GOOG |
| Q1 2026 | 173 | $412.8M | AAPL, CARY, TXUE, GOOG, NVDA |
| Q4 2025 | 172 | $395.0M | CARY, AAPL, TXUE, MSFT, GOOG |
| Q3 2025 | 172 | $373.9M | CARY, AAPL, MSFT, NVDA, TXUE |
| Q2 2025 | 174 | $353.6M | CARY, MSFT, SPY, AAPL, TXUE |
| Q1 2025 | 167 | $321.7M | CARY, AAPL, SPY, MSFT, GIGB |
| Q4 2024 | 160 | $307.0M | CARY, AAPL, MSFT, SPY, GTO |
| Q3 2024 | 164 | $303.6M | CARY, AAPL, MSFT, MINT, GTO |
| Q2 2024 | 164 | $275.9M | CARY, AAPL, MSFT, BIL, NVDA |
| Q1 2024 | 178 | $248.8M | CARY, AAPL, MSFT, JEPI, GIGB |