Channel Wealth LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 7, 2025), Channel Wealth LLC reported 172 stock positions worth $373.9 million. Its top holding was Angel Oak Income ETF (CARY) at 6.0% of the portfolio, followed by Apple (AAPL, 3.9%) and Microsoft (MSFT, 3.9%). Compared with Q2 2025, it opened 14 new positions, sold out of 16, added to 68 and reduced 69. The biggest buy was a new position in iShares MSCI Acwi ETF (ACWI) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −68%).
- Most Recent 13F
- Q2 2026
- Location
- SANTA BARBARA, CA
- CIK
- 0001975550
- Portfolio Value
- $373.9M (Q3 2025)
- SEC Filing
- 0001975550-25-000006 ↗ filed Oct 7, 2025
Holdings Value
Holdings 172 stocks · $373.9M
| CARY Angel Oak Income ETF | 6.05% | 1,081,143 | $22.6M | Add +2.7% |
| AAPL Apple Inc. | 3.92% | 57,558 | $14.7M | Add +0.7% |
| MSFT Microsoft Corp. | 3.86% | 27,851 | $14.4M | Add +1.3% |
| NVDA Nvidia Corp. | 3.39% | 67,909 | $12.7M | Reduce -1.6% |
| TXUE Thornburg Interntin Eqty ETF | 3.33% | 409,634 | $12.4M | Add +8.1% |
| GOOG Alphabet Inc. Class C | 3.16% | 48,512 | $11.8M | Reduce -1.5% |
| SCHD Schwab US DVD Equity ETF | 2.81% | 385,365 | $10.5M | Reduce -2.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.50% | 14,023 | $9.3M | Reduce -27.6% |
| ACWI iShares MSCI Acwi ETF | 2.40% | 64,887 | $9.0M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 2.39% | 17,796 | $8.9M | Add +24.4% |
| MINT PIMCO Enhanced Short Maturit | 2.10% | 78,118 | $7.9M | Add +7.3% |
| AUSF Global X Adaptive US Factor | 2.07% | 166,367 | $7.7M | Reduce -7.2% |
| LLY Eli Lilly & Co. | 2.01% | 9,858 | $7.5M | Reduce -3.5% |
| XLF SS Financial Select Sector | 1.99% | 138,261 | $7.4M | Add +93.7% |
| JSI JH Securitized Income ETF | 1.88% | 134,690 | $7.0M | Add +100.6% |
| GSIE Goldman Sachs Activebeta Int | 1.83% | 166,840 | $6.9M | Reduce -4.8% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.82% | 9 | $6.8M | No change |
| GIGB Goldman Sachs Inv GRD Corp. | 1.80% | 144,042 | $6.7M | Reduce -22.4% |
| ASML ASML Holding NV-NY Reg SHS | 1.71% | 6,602 | $6.4M | Reduce -5.8% |
| LIN Linde PLC | 1.66% | 13,070 | $6.2M | Add +6.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.65% | 10,255 | $6.2M | Reduce -7.0% |
| GTO Invesco Total Return Bond Et | 1.44% | 113,204 | $5.4M | Reduce -20.7% |
| VEEV Veeva Systems Inc. Class A | 1.36% | 17,026 | $5.1M | Reduce -9.2% |
| XLK SS Technology Select Sector | 1.35% | 17,891 | $5.0M | Reduce -5.7% |
| VIG Vanguard Dividend Apprec ETF | 1.23% | 21,235 | $4.6M | Add +0.6% |
| APPF Appfolio Inc. Class A | 1.22% | 16,513 | $4.6M | Reduce -0.1% |
| AZN Astrazeneca PLC-Spons ADR | 1.20% | 58,508 | $4.5M | Add +1.9% |
| GENI Genius Sports Ltd. | 1.18% | 356,418 | $4.4M | Add +912.4% |
| UBER Uber Technologies Inc. | 1.17% | 44,779 | $4.4M | Add +5.5% |
| OKTA Okta Inc. | 1.12% | 45,681 | $4.2M | New |
| VRTX Vertex Pharmaceuticals Inc. | 1.11% | 10,559 | $4.1M | Reduce -23.9% |
| META Meta Platforms Inc. Class A | 1.10% | 5,618 | $4.1M | Add +6.1% |
| PHM Pultegroup Inc. | 1.09% | 30,838 | $4.1M | Add +44.8% |
| ICOW Pacer Developed Markets Inte | 1.05% | 107,657 | $3.9M | Add +5.4% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.04% | 42,302 | $3.9M | Add +0.4% |
| VOO Vanguard S&P 500 ETF | 1.00% | 6,114 | $3.7M | Reduce -7.8% |
| JEPI JPMorgan Equity Premium Inco | 0.98% | 64,352 | $3.7M | Reduce -24.0% |
| JPM JPMorgan Chase & Co. | 0.96% | 11,364 | $3.6M | Add +0.5% |
| TTE Totalenergies SE -Spon ADR | 0.89% | 55,999 | $3.3M | Add +3.4% |
| AVGO Broadcom Inc. | 0.87% | 9,871 | $3.3M | Reduce -18.5% |
| AMZN Amazon.com Inc. | 0.85% | 14,431 | $3.2M | Add +0.7% |
| COST Costco Wholesale Corp. | 0.76% | 3,061 | $2.8M | Add +3.7% |
| PGR Progressive Corp. | 0.75% | 11,388 | $2.8M | Add +20.9% |
| BSX Boston Scientific Corp. | 0.75% | 28,577 | $2.8M | Add +70.8% |
| ACN Accenture PLC Class A | 0.73% | 11,107 | $2.7M | Reduce -21.8% |
| GOOGL Alphabet Inc. Class A | 0.66% | 10,095 | $2.5M | Reduce -1.2% |
| XLI SS Industrial Select Sector | 0.65% | 15,726 | $2.4M | Reduce -14.0% |
| HGER Harbor Commodity All Weather | 0.62% | 90,074 | $2.3M | Add +47.2% |
| V Visa Inc. Class A | 0.60% | 6,595 | $2.3M | Add +3.4% |
| TSLA Tesla Inc. | 0.53% | 4,435 | $2.0M | Reduce -4.9% |
| ENVX Enovix Corp. | 0.53% | 196,977 | $2.0M | Add +5.2% |
| ADBE Adobe Inc. | 0.49% | 5,150 | $1.8M | Reduce -47.7% |
| MCK McKesson Corp. | 0.46% | 2,213 | $1.7M | Add +1.8% |
| EPI Wisdomtree India Earnings | 0.43% | 36,706 | $1.6M | Reduce -46.0% |
| JAAA Janus Henderson Aaa Clo ETF | 0.43% | 31,385 | $1.6M | Reduce -12.5% |
| GSST Goldman Sachs Ultra Short Bo | 0.41% | 30,195 | $1.5M | Add +41.1% |
| JPST JPMorgan Ultra-Short Income | 0.41% | 30,146 | $1.5M | Add +112.2% |
| ORCL Oracle Corp. | 0.35% | 4,654 | $1.3M | No change |
| NOBL Proshares S&P 500 Dividend A | 0.33% | 11,982 | $1.2M | Add +0.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.31% | 20,598 | $1.1M | Reduce -67.7% |
| FCAL First Trust California Munic | 0.29% | 22,116 | $1.1M | Reduce -30.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.27% | 2,129 | $1.0M | Add +3.5% |
| APEI American Public Education | 0.27% | 25,395 | $1.0M | Add +44.3% |
| XOM Exxon Mobil Corp. | 0.27% | 8,821 | $995K | Add +0.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.26% | 2,949 | $968K | Add +0.1% |
| MUC BlackRock Munihold Ca QLTY | 0.24% | 84,384 | $916K | Reduce -0.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.24% | 3,264 | $912K | Add +1.0% |
| FNDB Schwab Fndmntl US BRD Mr ETF | 0.24% | 35,016 | $901K | Add +12.4% |
| GLD SPDR Gold Shares | 0.24% | 2,494 | $887K | Add +3.0% |
| AXP American Express Co. | 0.24% | 2,651 | $881K | Reduce -5.9% |
| LINC Lincoln Educational Services | 0.23% | 37,139 | $873K | Add +6.9% |
| JNJ Johnson & Johnson | 0.23% | 4,678 | $867K | Reduce -2.8% |
| GBTC Grayscale Bitcoin Trust ETF | 0.22% | 9,368 | $841K | No change |
| O Realty Income Corp. | 0.22% | 13,797 | $839K | Reduce -17.3% |
| SYK Stryker Corp. | 0.22% | 2,182 | $807K | Add +0.1% |
| GE General Electric filed as GE AEROSPACE | 0.21% | 2,656 | $799K | Add +0.0% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.20% | 27,954 | $735K | Reduce -9.7% |
| CAIE Calamos Autocallable Inc. ETF | 0.19% | 26,002 | $714K | New |
| PG The Procter & Gamble Co. | 0.19% | 4,647 | $714K | Reduce -68.2% |
| OMFL Invesco Russell 1000 DYN M/F | 0.19% | 11,812 | $712K | Reduce -0.6% |
| CAT Caterpillar Inc. | 0.18% | 1,441 | $688K | No change |
| CVX Chevron Corp. | 0.18% | 4,415 | $686K | Add +0.2% |
| ABBV Abbvie Inc. | 0.18% | 2,908 | $673K | Reduce -6.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.18% | 11,578 | $665K | Reduce -3.3% |
| AMGN Amgen Inc. | 0.16% | 2,124 | $600K | Add +0.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.16% | 1,994 | $586K | Reduce -3.1% |
| WMT Walmart Inc. | 0.15% | 5,474 | $564K | Add +0.0% |
| COR Cencora Inc. | 0.15% | 1,742 | $544K | No change |
| RTX RTX Corp. | 0.14% | 3,127 | $523K | Reduce -8.5% |
| MRK Merck & Co. Inc. | 0.14% | 6,124 | $514K | Add +0.3% |
| ISRG Intuitive Surgical Inc. | 0.13% | 1,118 | $500K | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.13% | 4,178 | $499K | Add +2.4% |
| QYLD Global X Nasd 100 Cov Call | 0.13% | 29,146 | $496K | Reduce -6.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 9,358 | $483K | Add +0.0% |
| OBDC Blue Owl Capital Corp. | 0.13% | 37,633 | $481K | Add +1.8% |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.13% | 8,829 | $478K | Add +1.0% |
| IGM iShares Expanded Tech Sector | 0.12% | 3,639 | $458K | Add +4.7% |
| DLR Digital Realty Trust Inc. | 0.12% | 2,634 | $455K | Reduce -3.6% |
| SHYG iShares 0-5 YR HY Corp. Bond | 0.12% | 10,331 | $447K | Reduce -6.2% |
| HD Home Depot Inc. | 0.12% | 1,091 | $442K | Add +0.2% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | 11,582 | $903 | Reduce -1.0% |
| RIVERNORTH OPPORTUNI-RT | RIGHT 10/06/2025 | 12,381 | $100 | No change |
Total filed on the 13F, all lines: $373.9M.
Portfolio Sells Q2 2025 → Q3 2025
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -67.7% | 0.31% | −0.94 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -27.6% | 2.50% | −0.89 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.84 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.68 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -23.9% | 1.11% | −0.64 |
| GIGB Goldman Sachs Inv GRD Corp. | Reduce -22.4% | 1.80% | −0.62 |
| ADBE Adobe Inc. | Reduce -47.7% | 0.49% | −0.59 |
| EPI Wisdomtree India Earnings | Reduce -46.0% | 0.43% | −0.48 |
| BUFF Innovator Laddered Allocatio | Reduce -82.7% | 0.10% | −0.47 |
| ACN Accenture PLC Class A | Reduce -21.8% | 0.73% | −0.47 |
| PG The Procter & Gamble Co. | Reduce -68.2% | 0.19% | −0.47 |
| GTO Invesco Total Return Bond Et | Reduce -20.7% | 1.44% | −0.45 |
| GEV GE Vernova Inc. | Reduce -84.9% | 0.08% | −0.40 |
| JEPI JPMorgan Equity Premium Inco | Reduce -24.0% | 0.98% | −0.38 |
| LLY Eli Lilly & Co. | Reduce -3.5% | 2.01% | −0.24 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.22 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.20 |
| AUSF Global X Adaptive US Factor | Reduce -7.2% | 2.07% | −0.20 |
| VEEV Veeva Systems Inc. Class A | Reduce -9.2% | 1.36% | −0.17 |
| SCHD Schwab US DVD Equity ETF | Reduce -2.4% | 2.81% | −0.15 |
| FCAL First Trust California Munic | Reduce -30.5% | 0.29% | −0.14 |
| GSIE Goldman Sachs Activebeta Int | Reduce -4.8% | 1.83% | −0.13 |
| XLI SS Industrial Select Sector | Reduce -14.0% | 0.65% | −0.11 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.11 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -12.5% | 0.43% | −0.09 |
| DSGX The Descartes Systems Grp | Sold out | 0.00% | −0.09 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.09 |
| SMLF iShares US Smallcap Equity F | Sold out | 0.00% | −0.08 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -7.0% | 1.65% | −0.07 |
| AVGO Broadcom Inc. | Reduce -18.5% | 0.87% | −0.07 |
| SAP Sap SE-Sponsored ADR | Sold out | 0.00% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -7.8% | 1.00% | −0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.06 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Sold out | 0.00% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -39.5% | 0.09% | −0.06 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.06 |
| BRFS BRF SA-ADR | Sold out | 0.00% | −0.05 |
| O Realty Income Corp. | Reduce -17.3% | 0.22% | −0.05 |
| IRM Iron Mountain Inc. | Reduce -22.9% | 0.06% | −0.02 |
| ATOM Atomera Inc. | Reduce -10.1% | 0.06% | −0.02 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -20.0% | 0.07% | −0.02 |
| NFLX Netflix Inc. | Reduce -0.9% | 0.11% | −0.02 |
| AXP American Express Co. | Reduce -5.9% | 0.24% | −0.02 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -9.7% | 0.20% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Reduce -19.8% | 0.07% | −0.02 |
| XAWPX Abrdn Global Premier Propert | Sold out | 0.00% | −0.02 |
| FTQI First Trust Nasdaq Buywrite | Reduce -12.5% | 0.11% | −0.02 |
| QYLD Global X Nasd 100 Cov Call | Reduce -6.9% | 0.13% | −0.02 |
| SHYG iShares 0-5 YR HY Corp. Bond | Reduce -6.2% | 0.12% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| ACWI iShares MSCI Acwi ETF | New | 2.40% | +2.40 |
| OKTA Okta Inc. | New | 1.12% | +1.12 |
| GENI Genius Sports Ltd. | Add +912.4% | 1.18% | +1.08 |
| XLF SS Financial Select Sector | Add +93.7% | 1.99% | +0.94 |
| JSI JH Securitized Income ETF | Add +100.6% | 1.88% | +0.88 |
| AAPL Apple Inc. | Add +0.7% | 3.92% | +0.60 |
| PHM Pultegroup Inc. | Add +44.8% | 1.09% | +0.45 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +24.4% | 2.39% | +0.43 |
| BSX Boston Scientific Corp. | Add +70.8% | 0.75% | +0.24 |
| JPST JPMorgan Ultra-Short Income | Add +112.2% | 0.41% | +0.21 |
| HGER Harbor Commodity All Weather | Add +47.2% | 0.62% | +0.20 |
| CAIE Calamos Autocallable Inc. ETF | New | 0.19% | +0.19 |
| TXUE Thornburg Interntin Eqty ETF | Add +8.1% | 3.33% | +0.16 |
| APEI American Public Education | Add +44.3% | 0.27% | +0.12 |
| GSST Goldman Sachs Ultra Short Bo | Add +41.1% | 0.41% | +0.10 |
| PYLD PIMCO Multisector Bond Actv | New | 0.09% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | New | 0.07% | +0.07 |
| IBIT iShares Bitcoin Trust ETF | New | 0.07% | +0.07 |
| SHOP Shopify Inc. Class A | New | 0.07% | +0.07 |
| AZN Astrazeneca PLC-Spons ADR | Add +1.9% | 1.20% | +0.07 |
| ICOW Pacer Developed Markets Inte | Add +5.4% | 1.05% | +0.07 |
| DVY iShares Select Dividend ETF | New | 0.06% | +0.06 |
| VGT Vanguard Info Tech ETF | New | 0.06% | +0.06 |
| TMO Thermo Fisher Scientific Inc. | New | 0.06% | +0.06 |
| CBRE CBRE Group Inc. Class A | New | 0.05% | +0.05 |
| TXT Textron Inc. | New | 0.05% | +0.05 |
| PFF iShares Preferred & Income S | New | 0.05% | +0.05 |
| BABA Alibaba Group Holding-SP ADR | New | 0.05% | +0.05 |
| UBER Uber Technologies Inc. | Add +5.5% | 1.17% | +0.05 |
| PGR Progressive Corp. | Add +20.9% | 0.75% | +0.04 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.0% | 0.24% | +0.04 |
| MINT PIMCO Enhanced Short Maturit | Add +7.3% | 2.10% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +0.5% | 0.96% | +0.03 |
| FNDB Schwab Fndmntl US BRD Mr ETF | Add +12.4% | 0.24% | +0.03 |
| LIN Linde PLC | Add +6.3% | 1.66% | +0.03 |
| GLD SPDR Gold Shares | Add +3.0% | 0.24% | +0.03 |
| GE General Electric | Add +0.0% | 0.21% | +0.02 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3.5% | 0.27% | +0.02 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +17.3% | 0.10% | +0.02 |
| IGM iShares Expanded Tech Sector | Add +4.7% | 0.12% | +0.01 |
| LINC Lincoln Educational Services | Add +6.9% | 0.23% | +0.01 |
| VOOG Vanguard S&P 500 Growth ETF | Add +7.6% | 0.07% | +0.01 |
| MCK McKesson Corp. | Add +1.8% | 0.46% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +0.1% | 0.07% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.26% | +0.01 |
| HD Home Depot Inc. | Add +0.2% | 0.12% | +0.01 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +7.3% | 0.07% | +0.01 |
| CVX Chevron Corp. | Add +0.2% | 0.18% | +0.01 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +0.9% | 0.11% | +0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.6% | 1.23% | +0.00 |
Options Activity Q2 2025 → Q3 2025
| ENVX Enovix Corp. | call | Sold out | 10,600 | $15Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2025 → Q3 2025
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Reduce -1.0% | 11,582 | $903 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages 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 |