Circle Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Circle Wealth Management, LLC reported 214 stock positions worth $4.3 billion. Its top holding was Apple (AAPL) at 33.8% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 10.8%) and iShares Core S&P 500 ETF (IVV, 9.6%). Compared with Q4 2024, it opened 12 new positions, sold out of 12, added to 78 and reduced 62. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +8%) and the biggest sale iShares Russell 1000 Growth (IWF, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- SUMMIT, NJ
- CIK
- 0001578242
- Portfolio Value
- $4.3B (Q1 2025)
- SEC Filing
- 0001578242-25-000002 ↗ filed May 14, 2025
Holdings Value
Holdings 214 stocks · $4.3B
| AAPL Apple Inc. | 33.82% | 6,569,821 | $1.5B | Add +0.0% |
| IWF iShares Russell 1000 Growth | 10.78% | 1,288,458 | $465.2M | Reduce -0.0% |
| IVV iShares Core S&P 500 ETF | 9.57% | 734,631 | $412.8M | Add +7.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 9.44% | 728,487 | $407.5M | Reduce -3.0% |
| IJH iShares Core S&P Midcap ETF | 5.75% | 4,251,767 | $248.1M | Reduce -0.9% |
| IJR iShares Core S&P Small-Cap E | 5.09% | 2,101,139 | $219.7M | Reduce -0.7% |
| IWD iShares Russell 1000 Value E | 2.65% | 607,633 | $114.3M | No change |
| VOO Vanguard S&P 500 ETF | 1.75% | 146,947 | $75.5M | Add +0.6% |
| VTI VG Morningstar TS MKT ETF-US | 1.74% | 273,832 | $75.3M | Reduce -3.0% |
| LLY Eli Lilly & Co. | 1.64% | 85,817 | $70.9M | No change |
| SCHB Schwab US Broad Market ETF | 1.38% | 2,758,008 | $59.4M | Reduce -8.9% |
| AMZN Amazon.com Inc. | 1.26% | 286,548 | $54.5M | Reduce -0.6% |
| IAU iShares Gold Trust | 1.11% | 810,658 | $47.8M | Add +2.3% |
| MSFT Microsoft Corp. | 0.88% | 101,566 | $38.1M | Reduce -6.7% |
| NKE Nike Inc. Class B | 0.81% | 553,046 | $35.1M | Add +0.0% |
| SBUX Starbucks Corp. | 0.67% | 294,061 | $28.8M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 55,098 | $25.8M | Add +5.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.59% | 32 | $25.6M | No change |
| IYG iShares U.S. Financial Servi | 0.54% | 294,600 | $23.1M | No change |
| ACWI iShares MSCI Acwi ETF | 0.51% | 187,610 | $21.8M | No change |
| JPM JPMorgan Chase & Co. | 0.42% | 73,445 | $18.0M | Reduce -1.5% |
| MRK Merck & Co. Inc. | 0.38% | 181,150 | $16.3M | Reduce -2.3% |
| VIG Vanguard Dividend Apprec ETF | 0.30% | 67,300 | $13.1M | No change |
| GOOGL Alphabet Inc. Class A | 0.30% | 82,614 | $12.8M | Add +0.1% |
| GS Goldman Sachs Group Inc. | 0.29% | 22,927 | $12.5M | Reduce -2.1% |
| XLK SS Technology Select Sector | 0.29% | 60,533 | $12.5M | Add +1.7% |
| GOOG Alphabet Inc. Class C | 0.27% | 74,177 | $11.6M | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 0.22% | 16,282 | $9.4M | Reduce -7.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.21% | 17,206 | $9.2M | Add +0.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.21% | 40,116 | $8.9M | Reduce -1.4% |
| RTX RTX Corp. | 0.20% | 66,798 | $8.8M | Add +0.0% |
| NVDA Nvidia Corp. | 0.20% | 78,009 | $8.5M | Reduce -7.1% |
| GLD SPDR Gold Shares | 0.19% | 28,224 | $8.1M | Add +7.0% |
| IWB iShares Russell 1000 ETF | 0.19% | 26,221 | $8.0M | Reduce -4.4% |
| IWV iShares Russell 3000 ETF | 0.16% | 22,119 | $7.0M | No change |
| SCHX Schwab US Large-Cap ETF | 0.16% | 310,300 | $6.9M | Add +0.2% |
| XLP SS Consumer Staples Sel Sect | 0.16% | 83,473 | $6.8M | Reduce -6.8% |
| NFLX Netflix Inc. | 0.14% | 6,699 | $6.2M | Reduce -1.7% |
| VHT Vanguard Health Care ETF | 0.13% | 21,978 | $5.8M | Reduce -25.4% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.13% | 15,378 | $5.4M | Add +10.6% |
| IEMG iShares Core MSCI Emerging | 0.11% | 84,208 | $4.5M | Reduce -15.7% |
| PG The Procter & Gamble Co. | 0.10% | 25,517 | $4.3M | Reduce -3.6% |
| RXST Rxsight Inc. | 0.10% | 165,719 | $4.2M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.10% | 48,932 | $4.1M | Reduce -39.4% |
| CARR Carrier Global Corp. | 0.10% | 64,976 | $4.1M | No change |
| DLN Wisdomtree US Largecap Divid | 0.09% | 51,237 | $4.1M | No change |
| IEF iShares 7-10 Year Treasury B | 0.09% | 41,174 | $3.9M | Reduce -2.6% |
| MA Mastercard Inc. Class A | 0.09% | 7,147 | $3.9M | Reduce -0.3% |
| TSLA Tesla Inc. | 0.09% | 14,753 | $3.8M | Reduce -40.8% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.08% | 44,000 | $3.7M | No change |
| ORCL Oracle Corp. | 0.08% | 25,656 | $3.6M | Reduce -21.6% |
| SNOW Snowflake Inc. | 0.08% | 24,446 | $3.6M | Add +39.5% |
| TTWO Take-Two Interactive Softwre | 0.08% | 16,338 | $3.4M | Add +63.5% |
| OTIS Otis Worldwide Corp. | 0.08% | 32,510 | $3.4M | No change |
| QQQM Invesco Nasdaq 100 ETF | 0.07% | 15,868 | $3.1M | Add +67.4% |
| EPI Wisdomtree India Earnings | 0.07% | 69,539 | $3.0M | Add +2.4% |
| BABA Alibaba Group Holding-SP ADR | 0.07% | 22,030 | $2.9M | Add +145.9% |
| ANET Arista Networks Inc. | 0.06% | 35,594 | $2.8M | Reduce -12.2% |
| SHOP Shopify Inc. Class A | 0.06% | 28,700 | $2.7M | Reduce -10.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.06% | 16,423 | $2.7M | Reduce -13.3% |
| AVGO Broadcom Inc. | 0.06% | 15,779 | $2.6M | Reduce -18.7% |
| NOW ServiceNow Inc. | 0.06% | 3,262 | $2.6M | Add +20.9% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.06% | 66,535 | $2.5M | Add +1.4% |
| XLV SS Health Care Select Sector | 0.05% | 16,216 | $2.4M | Reduce -16.4% |
| VGK Vanguard Ftse Europe ETF | 0.05% | 32,644 | $2.3M | Add +29.0% |
| COST Costco Wholesale Corp. | 0.05% | 2,403 | $2.3M | Add +0.4% |
| UBER Uber Technologies Inc. | 0.05% | 30,260 | $2.2M | Add +3.2% |
| UNH Unitedhealth Group Inc. | 0.05% | 4,182 | $2.2M | Reduce -18.3% |
| INTU Intuit Inc. | 0.05% | 3,451 | $2.1M | Add +33.5% |
| VYM Vanguard High DVD Yield ETF | 0.05% | 15,681 | $2.0M | Add +0.0% |
| EWJ iShares MSCI Japan ETF | 0.05% | 29,259 | $2.0M | Reduce -12.3% |
| INTC Intel Corp. | 0.04% | 84,345 | $1.9M | New |
| PANW Palo Alto Networks Inc. | 0.04% | 11,203 | $1.9M | Add +0.8% |
| XLF SS Financial Select Sector | 0.04% | 36,965 | $1.8M | Add +18.3% |
| SE Sea Ltd.-ADR | 0.04% | 13,676 | $1.8M | Add +51.7% |
| ITW Illinois Tool Works | 0.04% | 7,136 | $1.8M | Reduce -6.5% |
| WDAY Workday Inc. Class A | 0.04% | 7,518 | $1.8M | Add +0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.04% | 10,101 | $1.7M | Add +1.1% |
| VEEV Veeva Systems Inc. Class A | 0.04% | 7,435 | $1.7M | Add +9.6% |
| HOOD Robinhood Markets Inc. Class A | 0.04% | 40,690 | $1.7M | Reduce -46.1% |
| HUBS HubSpot Inc. | 0.04% | 2,952 | $1.7M | No change |
| V Visa Inc. Class A | 0.04% | 4,750 | $1.7M | Reduce -19.6% |
| JNJ Johnson & Johnson | 0.04% | 9,804 | $1.6M | Reduce -2.5% |
| VGSH Vanguard Short-Term Treasury | 0.04% | 27,659 | $1.6M | Add +23.4% |
| TXN Texas Instruments Inc. | 0.04% | 8,887 | $1.6M | Add +85.8% |
| TMO Thermo Fisher Scientific Inc. | 0.04% | 3,206 | $1.6M | Add +0.5% |
| BKNG Booking Holdings Inc. | 0.04% | 343 | $1.6M | No change |
| FEZ State Street SPDR Euro Stoxx | 0.04% | 29,010 | $1.6M | Reduce -19.9% |
| SPOT Spotify Technology SA | 0.04% | 2,864 | $1.6M | No change |
| MELI MercadoLibre Inc. | 0.04% | 802 | $1.6M | Add +11.1% |
| TEAM Atlassian Corp. Class A | 0.04% | 7,236 | $1.5M | Add +10.2% |
| CMCSA Comcast Corp. Class A | 0.04% | 41,422 | $1.5M | Add +12.6% |
| IWM iShares Russell 2000 ETF | 0.04% | 7,579 | $1.5M | Reduce -78.0% |
| ZM Zoom Communications Inc. | 0.03% | 20,391 | $1.5M | Add +201.6% |
| LRCX Lam Research Corp. | 0.03% | 20,296 | $1.5M | Add +14.1% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.03% | 141,088 | $1.4M | Add +28.6% |
| TMUS T-Mobile US Inc. | 0.03% | 5,319 | $1.4M | Reduce -0.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.03% | 24,405 | $1.3M | Reduce -7.1% |
| RSP Invesco S&P 500 Equal Weight | 0.03% | 7,409 | $1.3M | Add +7.5% |
| SBAC SBA Communications Corp. | 0.03% | 5,785 | $1.3M | Add +75.8% |
Options reported separately and not counted above: SPY puts ($42.8M), PLTR puts ($32K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $19K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| DRTSW Alpha Tau Medical Ltd. -27 | *W EXP 99/99/999 | 80,000 | $19K | No change |
Total filed on the 13F, all lines: $4.3B.
Portfolio Sells Q4 2024 → Q1 2025
| IWF iShares Russell 1000 Growth | Reduce -0.0% | 10.78% | −0.28 |
| IWM iShares Russell 2000 ETF | Reduce -78.0% | 0.04% | −0.13 |
| TSLA Tesla Inc. | Reduce -40.8% | 0.09% | −0.13 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.7% | 5.09% | −0.12 |
| MSFT Microsoft Corp. | Reduce -6.7% | 0.88% | −0.10 |
| SCHB Schwab US Broad Market ETF | Reduce -8.9% | 1.38% | −0.09 |
| AMZN Amazon.com Inc. | Reduce -0.6% | 1.26% | −0.09 |
| CRDO Credo Technology Group Holdi | Reduce -66.7% | 0.01% | −0.05 |
| NVDA Nvidia Corp. | Reduce -7.1% | 0.20% | −0.05 |
| AVGO Broadcom Inc. | Reduce -18.7% | 0.06% | −0.04 |
| PLTR Palantir Technologies Inc. Class A | Reduce -39.4% | 0.10% | −0.03 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 0.27% | −0.03 |
| ORCL Oracle Corp. | Reduce -21.6% | 0.08% | −0.03 |
| ALAB Astera Labs Inc. | Sold out | 0.00% | −0.03 |
| ANET Arista Networks Inc. | Reduce -12.2% | 0.06% | −0.03 |
| DXJ Wisdomtree Japan Hedged Eq | Sold out | 0.00% | −0.03 |
| APP AppLovin Corp. Class A | Reduce -82.6% | 0.00% | −0.03 |
| VHT Vanguard Health Care ETF | Reduce -25.4% | 0.13% | −0.03 |
| HOOD Robinhood Markets Inc. Class A | Reduce -46.1% | 0.04% | −0.02 |
| ON On Semiconductor | Sold out | 0.00% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -2.3% | 0.38% | −0.02 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -13.3% | 0.06% | −0.02 |
| GDX Vaneck Gold Miners ETF | Sold out | 0.00% | −0.01 |
| OIH Vaneck Oil Services ETF | Sold out | 0.00% | −0.01 |
| EWU iShares MSCI United Kingdom | Sold out | 0.00% | −0.01 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −0.01 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −0.01 |
| DG Dollar General Corp. | Sold out | 0.00% | −0.01 |
| SHOP Shopify Inc. Class A | Reduce -10.7% | 0.06% | −0.01 |
| SMH Vaneck Semiconductor ETF | Reduce -44.1% | 0.01% | −0.01 |
| GLW Corning Inc. | Sold out | 0.00% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -3.0% | 1.74% | −0.01 |
| IEMG iShares Core MSCI Emerging | Reduce -15.7% | 0.11% | −0.01 |
| MPWR Monolithic Power Systems Inc. | Sold out | 0.00% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -18.3% | 0.05% | −0.00 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -1.4% | 0.21% | −0.00 |
| IWB iShares Russell 1000 ETF | Reduce -4.4% | 0.19% | −0.00 |
| META Meta Platforms Inc. Class A | Reduce -7.3% | 0.22% | −0.00 |
| XLV SS Health Care Select Sector | Reduce -16.4% | 0.05% | −0.00 |
| AON Aon PLC Class A | Reduce -24.0% | 0.02% | −0.00 |
| SAP Sap SE-Sponsored ADR | Reduce -27.5% | 0.01% | −0.00 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -24.4% | 0.01% | −0.00 |
| EWJ iShares MSCI Japan ETF | Reduce -12.3% | 0.05% | −0.00 |
| SNPS Synopsys Inc. | Reduce -1.2% | 0.02% | −0.00 |
| V Visa Inc. Class A | Reduce -19.6% | 0.04% | −0.00 |
| AMD Advanced Micro Devices | Reduce -4.1% | 0.01% | −0.00 |
| CHTR Charter Communications Inc. Class A | Reduce -20.2% | 0.02% | −0.00 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -18.2% | 0.01% | −0.00 |
| GEV GE Vernova Inc. | Reduce -13.0% | 0.01% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Add +7.7% | 9.57% | +0.98 |
| IAU iShares Gold Trust | Add +2.3% | 1.11% | +0.27 |
| VOO Vanguard S&P 500 ETF | Add +0.6% | 1.75% | +0.07 |
| GLD SPDR Gold Shares | Add +7.0% | 0.19% | +0.05 |
| BABA Alibaba Group Holding-SP ADR | Add +145.9% | 0.07% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.3% | 0.21% | +0.05 |
| INTC Intel Corp. | New | 0.04% | +0.04 |
| RTX RTX Corp. | Add +0.0% | 0.20% | +0.04 |
| TTWO Take-Two Interactive Softwre | Add +63.5% | 0.08% | +0.04 |
| QQQM Invesco Nasdaq 100 ETF | Add +67.4% | 0.07% | +0.03 |
| QQQ Invesco QQQ Trust Series 1 | Add +5.5% | 0.60% | +0.03 |
| SNOW Snowflake Inc. | Add +39.5% | 0.08% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +10.6% | 0.13% | +0.02 |
| ZM Zoom Communications Inc. | Add +201.6% | 0.03% | +0.02 |
| SE Sea Ltd.-ADR | Add +51.7% | 0.04% | +0.02 |
| VGK Vanguard Ftse Europe ETF | Add +29.0% | 0.05% | +0.02 |
| TXN Texas Instruments Inc. | Add +85.8% | 0.04% | +0.02 |
| IBM Intl Business Machines Corp. | New | 0.02% | +0.02 |
| TWLO Twilio Inc. Class A | Add +127.4% | 0.03% | +0.02 |
| SBAC SBA Communications Corp. | Add +75.8% | 0.03% | +0.02 |
| INTU Intuit Inc. | Add +33.5% | 0.05% | +0.01 |
| UBER Uber Technologies Inc. | Add +3.2% | 0.05% | +0.01 |
| BBAX JPMorgan Betabuilders Develo | New | 0.01% | +0.01 |
| MNDY Monday.com Ltd. | New | 0.01% | +0.01 |
| LEN Lennar Corp. Class A | New | 0.01% | +0.01 |
| XLF SS Financial Select Sector | Add +18.3% | 0.04% | +0.01 |
| MELI MercadoLibre Inc. | Add +11.1% | 0.04% | +0.01 |
| HUM Humana Inc. | New | 0.01% | +0.01 |
| VGSH Vanguard Short-Term Treasury | Add +23.4% | 0.04% | +0.01 |
| VEEV Veeva Systems Inc. Class A | Add +9.6% | 0.04% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +28.6% | 0.03% | +0.01 |
| ELV Elevance Health Inc. | New | 0.01% | +0.01 |
| PCOR Procore Technologies Inc. | Add +85.8% | 0.02% | +0.01 |
| EL Estee Lauder Companies Class A | New | 0.01% | +0.01 |
| XLE SS Energy Select Sector | Add +36.3% | 0.02% | +0.01 |
| LRCX Lam Research Corp. | Add +14.1% | 0.03% | +0.01 |
| JAAA Janus Henderson Aaa Clo ETF | New | 0.01% | +0.01 |
| CMCSA Comcast Corp. Class A | Add +12.6% | 0.04% | +0.01 |
| TEM Tempus AI Inc. Class A | Add +34.8% | 0.01% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.4% | 0.05% | +0.01 |
| CDNS Cadence Design SYS Inc. | Add +152.1% | 0.01% | +0.01 |
| MTSI Macom Technology Solutions H | New | 0.01% | +0.01 |
| SCHX Schwab US Large-Cap ETF | Add +0.2% | 0.16% | +0.01 |
| WM Waste Management Inc. | New | 0.01% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.00% | +0.00 |
| EPI Wisdomtree India Earnings | Add +2.4% | 0.07% | +0.00 |
| SHEL Shell PLC-ADR | Add +6.8% | 0.02% | +0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +1.1% | 0.04% | +0.00 |
| AER Aercap Holdings NV | Add +14.8% | 0.02% | +0.00 |
| VYM Vanguard High DVD Yield ETF | Add +0.0% | 0.05% | +0.00 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Sold out | 76,900 | $45.1Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 76,500 | $42.8M |
| PLTR Palantir Technologies Inc. Class A | put | New | 2,675,480 | $32K |
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 | 255 | $8.0B | AAPL, IVV, IWF, SPY, IJH |
| Q1 2026 | 260 | $7.0B | AAPL, IVV, IWF, SPY, IJH |
| Q4 2025 | 240 | $6.5B | AAPL, IWF, IVV, SPY, IJH |
| Q3 2025 | 224 | $5.1B | AAPL, IWF, IVV, SPY, IJH |
| Q2 2025 | 215 | $4.5B | AAPL, IWF, IVV, SPY, IJH |
| Q1 2025 | 214 | $4.3B | AAPL, IWF, IVV, SPY, IJH |
| Q4 2024 | 213 | $4.7B | AAPL, IWF, SPY, IVV, IJH |
| Q3 2024 | 212 | $4.5B | AAPL, IWF, SPY, IVV, IJH |
| Q2 2024 | 210 | $4.3B | AAPL, IWF, SPY, IVV, IJH |
| Q1 2024 | 192 | $4.0B | AAPL, SPY, IWF, IVV, IJH |