Code Waechter LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Code Waechter LLC reported 126 stock positions worth $121.6 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 7.6% of the portfolio, followed by PCR US SM CP CSH CWS ETF-Usd (CALF, 5.7%) and Cap Group Dividend Value (CGDV, 4.9%). Compared with Q4 2024, it opened 38 new positions, sold out of 13, added to 35 and reduced 39. The biggest buy was a new position in Inn Defined Wealth Shield (BALT) and the biggest sale TC Energy (TRP, shares −38%).
- Most Recent 13F
- Q2 2026
- Location
- TAMPA, FL
- CIK
- 0002039212
- Portfolio Value
- $121.6M (Q1 2025)
- SEC Filing
- 0002039212-25-000003 ↗ filed Apr 30, 2025
Holdings Value
Holdings 126 stocks · $121.6M
| SCHG Schwab US Large-Cap Growth | 7.56% | 367,074 | $9.2M | Add +2.3% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 5.68% | 184,096 | $6.9M | Add +13.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 4.89% | 166,774 | $5.9M | Add +9.8% |
| COWZ Pacer US Cash Cows 100 ETF | 4.88% | 108,278 | $5.9M | Add +9.9% |
| SCHR Schwab Intermediate-Term US | 4.28% | 209,564 | $5.2M | Reduce -8.2% |
| IJS iShares S&P Small-Cap 600 Va | 4.22% | 52,622 | $5.1M | Add +6.9% |
| SCHX Schwab US Large-Cap ETF | 4.10% | 225,692 | $5.0M | Add +3.2% |
| IJT iShares S&P Small-Cap 600 GR | 3.44% | 33,573 | $4.2M | Add +5.4% |
| SCHM Schwab US Mid Cap ETF | 3.43% | 159,097 | $4.2M | Add +10.3% |
| DRSK Aptus Defined Risk ETF | 2.84% | 126,757 | $3.5M | Add +17.7% |
| XLE SS Energy Select Sector | 2.30% | 29,997 | $2.8M | Add +3.0% |
| BALT Inn Defined Wealth Shield | 2.19% | 84,746 | $2.7M | New |
| SCHA Schwab US Small-Cap ETF | 1.85% | 95,764 | $2.2M | Add +15.9% |
| USAI Pacer Ame Energy Infr ETF-US | 1.66% | 49,094 | $2.0M | Add +8.6% |
| AAPL Apple Inc. | 1.50% | 8,219 | $1.8M | Reduce -1.9% |
| IVV iShares Core S&P 500 ETF | 1.45% | 3,144 | $1.8M | Add +24.6% |
| MSFT Microsoft Corp. | 1.39% | 4,514 | $1.7M | Reduce -8.3% |
| SCHF Schwab Intl Equity ETF | 1.18% | 72,462 | $1.4M | Add +3.4% |
| ENB Enbridge Inc. | 1.10% | 30,111 | $1.3M | Reduce -21.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.05% | 2,725 | $1.3M | Add +20.5% |
| MUB iShares National Muni Bond E | 1.05% | 12,124 | $1.3M | Add +30.0% |
| IWF iShares Russell 1000 Growth | 0.90% | 3,040 | $1.1M | No change |
| FDVV Fidelity High Dividend ETF | 0.90% | 21,958 | $1.1M | No change |
| TRP TC Energy Corp. | 0.83% | 21,348 | $1.0M | Reduce -37.7% |
| SCHD Schwab US DVD Equity ETF | 0.81% | 35,175 | $983K | Reduce -0.2% |
| CVX Chevron Corp. | 0.80% | 5,814 | $973K | Add +9.1% |
| DVY iShares Select Dividend ETF | 0.78% | 7,049 | $947K | No change |
| SPHD Invesco S&P 500 High Dividen | 0.75% | 18,155 | $912K | No change |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.74% | 20,283 | $898K | No change |
| O Realty Income Corp. | 0.73% | 15,339 | $890K | Reduce -26.9% |
| ABBV Abbvie Inc. | 0.67% | 3,875 | $812K | Add +66.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.65% | 1,415 | $792K | Add +30.1% |
| UGI Ugi Corp. | 0.63% | 23,139 | $765K | Reduce -50.7% |
| JNJ Johnson & Johnson | 0.62% | 4,546 | $754K | Add +11.3% |
| AMZN Amazon.com Inc. | 0.58% | 3,708 | $705K | Reduce -5.6% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.57% | 4,000 | $691K | No change |
| SNY Sanofi-ADR | 0.54% | 11,905 | $660K | Add +77.9% |
| JPM JPMorgan Chase & Co. | 0.54% | 2,687 | $659K | Reduce -9.2% |
| META Meta Platforms Inc. Class A | 0.53% | 1,120 | $646K | Add +4.4% |
| TTE Totalenergies SE -Spon ADR | 0.51% | 9,642 | $624K | New |
| UNH Unitedhealth Group Inc. | 0.51% | 1,189 | $623K | Reduce -5.1% |
| SUB iShares Short-Term National | 0.51% | 5,893 | $622K | No change |
| AVGO Broadcom Inc. | 0.50% | 3,630 | $608K | Reduce -29.6% |
| JEPI JPMorgan Equity Premium Inco | 0.50% | 10,568 | $604K | New |
| GOOGL Alphabet Inc. Class A | 0.49% | 3,879 | $600K | Add +5.1% |
| VZ Verizon Communications Inc. | 0.49% | 13,046 | $592K | New |
| IJH iShares Core S&P Midcap ETF | 0.48% | 10,080 | $588K | Add +21.1% |
| GILD Gilead Sciences Inc. | 0.46% | 4,961 | $556K | New |
| QDPL Pacer Met US LRG Cap DVD 400 | 0.45% | 15,073 | $550K | New |
| NGG National Grid PLC-SP ADR | 0.45% | 8,367 | $549K | New |
| NVDA Nvidia Corp. | 0.44% | 4,914 | $533K | Reduce -15.5% |
| WMB Williams Cos Inc. | 0.42% | 8,552 | $511K | Add +31.5% |
| MS Morgan Stanley | 0.42% | 4,330 | $505K | Add +38.6% |
| BMY Bristol-Myers Squibb Co. | 0.41% | 8,181 | $499K | New |
| NNN NNN REIT Inc. | 0.39% | 11,262 | $480K | Reduce -54.5% |
| PEP Pepsico Inc. | 0.39% | 3,156 | $473K | Add +17.6% |
| NWN Northwest Natural Holding Co. | 0.38% | 10,871 | $464K | Reduce -55.3% |
| AMGN Amgen Inc. | 0.38% | 1,486 | $463K | New |
| KO The Coca-Cola Co. | 0.38% | 6,391 | $458K | Add +27.9% |
| ES Eversource Energy | 0.37% | 7,331 | $455K | Reduce -53.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.37% | 9,042 | $449K | New |
| XEL Xcel Energy Inc. | 0.36% | 6,237 | $442K | New |
| MLN Vaneck Long Muni ETF | 0.35% | 24,423 | $425K | No change |
| DUK Duke Energy Corp. | 0.35% | 3,456 | $422K | New |
| USB US Bancorp | 0.34% | 9,918 | $419K | New |
| T AT&T Inc. | 0.34% | 14,786 | $418K | New |
| MA Mastercard Inc. Class A | 0.34% | 763 | $418K | Reduce -3.7% |
| GOOG Alphabet Inc. Class C | 0.34% | 2,626 | $410K | Reduce -6.6% |
| PNC PNC Financial Services Group | 0.33% | 2,269 | $399K | New |
| COST Costco Wholesale Corp. | 0.32% | 409 | $387K | Reduce -1.7% |
| UHT Universal Health RLTY Income | 0.31% | 9,288 | $380K | Reduce -60.3% |
| IFLN Invesco Bloomberg Enhanced F | 0.31% | 20,975 | $379K | Add +73.9% |
| CNQ Canadian Natural Resources | 0.31% | 12,107 | $373K | Reduce -34.7% |
| AZO AutoZone Inc. | 0.30% | 96 | $366K | No change |
| TFC Truist Financial Corp. | 0.30% | 8,874 | $365K | New |
| FTS Fortis Inc. | 0.30% | 7,965 | $363K | Reduce -57.4% |
| XOM Exxon Mobil Corp. | 0.30% | 3,043 | $362K | New |
| PM Philip Morris International | 0.29% | 2,251 | $357K | Reduce -8.1% |
| PLD Prologis Inc. | 0.29% | 3,196 | $357K | New |
| BEN Franklin Templeton Inc. | 0.29% | 18,153 | $349K | Reduce -57.1% |
| NWFL Norwood Financial Corp. | 0.28% | 14,159 | $342K | Reduce -49.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.28% | 1,318 | $341K | New |
| AEP American Electric Power | 0.28% | 3,081 | $337K | New |
| PFE Pfizer Inc. | 0.28% | 13,226 | $335K | New |
| HBAN Huntington Bancshares Inc. | 0.27% | 21,997 | $330K | New |
| RTX RTX Corp. | 0.27% | 2,458 | $326K | Add +14.8% |
| LYB Lyondellbasell Indu Class A | 0.27% | 4,635 | $326K | New |
| HD Home Depot Inc. | 0.26% | 872 | $320K | Reduce -8.6% |
| DLN Wisdomtree US Largecap Divid | 0.26% | 4,000 | $317K | No change |
| SCHZ Schwab US Aggregate Bond ETF | 0.26% | 13,448 | $311K | Add +8.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.25% | 575 | $306K | Reduce -8.7% |
| BX Blackstone Inc. | 0.24% | 2,132 | $298K | Reduce -1.4% |
| SO The Southern Co. | 0.24% | 3,173 | $292K | New |
| ETR Entergy Corp. | 0.24% | 3,400 | $291K | New |
| HYMB SS SPDR N Ice HY Muni ETF | 0.24% | 11,551 | $291K | New |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.23% | 2,952 | $282K | New |
| IWM iShares Russell 2000 ETF | 0.23% | 1,412 | $282K | Add +48.6% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.23% | 2,347 | $278K | Reduce -53.3% |
| MCD McDonald's Corp. | 0.23% | 877 | $274K | Reduce -6.4% |
| SCHV Schwab US Large-Cap Value | 0.22% | 10,166 | $270K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| TRP TC Energy Corp. | Reduce -37.7% | 0.83% | −0.56 |
| SCHR Schwab Intermediate-Term US | Reduce -8.2% | 4.28% | −0.55 |
| AVGO Broadcom Inc. | Reduce -29.6% | 0.50% | −0.54 |
| UGI Ugi Corp. | Reduce -50.7% | 0.63% | −0.53 |
| MTB M & T Bank Corp. | Sold out | 0.00% | −0.49 |
| NNN NNN REIT Inc. | Reduce -54.5% | 0.39% | −0.49 |
| BEN Franklin Templeton Inc. | Reduce -57.1% | 0.29% | −0.46 |
| NWN Northwest Natural Holding Co. | Reduce -55.3% | 0.38% | −0.46 |
| UHT Universal Health RLTY Income | Reduce -60.3% | 0.31% | −0.45 |
| FRT Federal Realty Invs Trust | Sold out | 0.00% | −0.44 |
| MSFT Microsoft Corp. | Reduce -8.3% | 1.39% | −0.42 |
| ES Eversource Energy | Reduce -53.0% | 0.37% | −0.41 |
| SON Sonoco Products Co. | Sold out | 0.00% | −0.40 |
| NWFL Norwood Financial Corp. | Reduce -49.2% | 0.28% | −0.38 |
| FTS Fortis Inc. | Reduce -57.4% | 0.30% | −0.38 |
| BKH Black Hills Corp. | Sold out | 0.00% | −0.36 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.35 |
| AAPL Apple Inc. | Reduce -1.9% | 1.50% | −0.33 |
| ENB Enbridge Inc. | Reduce -21.3% | 1.10% | −0.32 |
| WTRG Essential Utilities Inc. | Sold out | 0.00% | −0.32 |
| NEE Nextera Energy Inc. | Sold out | 0.00% | −0.27 |
| WLY Wiley (john) & Sons Class A | Sold out | 0.00% | −0.27 |
| SJM The JM Smucker Co. | Reduce -53.3% | 0.23% | −0.25 |
| O Realty Income Corp. | Reduce -26.9% | 0.73% | −0.25 |
| NVDA Nvidia Corp. | Reduce -15.5% | 0.44% | −0.24 |
| MDT Medtronic PLC | Reduce -58.6% | 0.17% | −0.21 |
| GPC Genuine Parts Co. | Sold out | 0.00% | −0.20 |
| CNQ Canadian Natural Resources | Reduce -34.7% | 0.31% | −0.19 |
| PII Polaris Inc. | Sold out | 0.00% | −0.19 |
| SYY Sysco Corp. | Sold out | 0.00% | −0.18 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.18 |
| TROW T Rowe Price Group Inc. | Sold out | 0.00% | −0.18 |
| AMZN Amazon.com Inc. | Reduce -5.6% | 0.58% | −0.17 |
| CTBI Community Trust Bancorp Inc. | Reduce -36.9% | 0.19% | −0.15 |
| GOOG Alphabet Inc. Class C | Reduce -6.6% | 0.34% | −0.13 |
| BX Blackstone Inc. | Reduce -1.4% | 0.24% | −0.08 |
| JPM JPMorgan Chase & Co. | Reduce -9.2% | 0.54% | −0.08 |
| HD Home Depot Inc. | Reduce -8.6% | 0.26% | −0.06 |
| ACN Accenture PLC Class A | Reduce -2.1% | 0.22% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -5.1% | 0.51% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.7% | 0.20% | −0.04 |
| BLK BlackRock Inc. | Reduce -3.2% | 0.19% | −0.04 |
| SCHD Schwab US DVD Equity ETF | Reduce -0.2% | 0.81% | −0.03 |
| MA Mastercard Inc. Class A | Reduce -3.7% | 0.34% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -10.8% | 0.17% | −0.02 |
| COST Costco Wholesale Corp. | Reduce -1.7% | 0.32% | −0.01 |
| MCD McDonald's Corp. | Reduce -6.4% | 0.23% | −0.01 |
| V Visa Inc. Class A | Reduce -5.2% | 0.19% | −0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.7% | 0.25% | +0.00 |
| GE General Electric | Reduce -10.4% | 0.20% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BALT Inn Defined Wealth Shield | New | 2.19% | +2.19 |
| TTE Totalenergies SE -Spon ADR | New | 0.51% | +0.51 |
| JEPI JPMorgan Equity Premium Inco | New | 0.50% | +0.50 |
| VZ Verizon Communications Inc. | New | 0.49% | +0.49 |
| GILD Gilead Sciences Inc. | New | 0.46% | +0.46 |
| QDPL Pacer Met US LRG Cap DVD 400 | New | 0.45% | +0.45 |
| NGG National Grid PLC-SP ADR | New | 0.45% | +0.45 |
| BMY Bristol-Myers Squibb Co. | New | 0.41% | +0.41 |
| AMGN Amgen Inc. | New | 0.38% | +0.38 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.37% | +0.37 |
| XEL Xcel Energy Inc. | New | 0.36% | +0.36 |
| DUK Duke Energy Corp. | New | 0.35% | +0.35 |
| USB US Bancorp | New | 0.34% | +0.34 |
| T AT&T Inc. | New | 0.34% | +0.34 |
| PNC PNC Financial Services Group | New | 0.33% | +0.33 |
| ABBV Abbvie Inc. | Add +66.8% | 0.67% | +0.31 |
| TFC Truist Financial Corp. | New | 0.30% | +0.30 |
| XOM Exxon Mobil Corp. | New | 0.30% | +0.30 |
| PLD Prologis Inc. | New | 0.29% | +0.29 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | New | 0.28% | +0.28 |
| AEP American Electric Power | New | 0.28% | +0.28 |
| PFE Pfizer Inc. | New | 0.28% | +0.28 |
| HBAN Huntington Bancshares Inc. | New | 0.27% | +0.27 |
| LYB Lyondellbasell Indu Class A | New | 0.27% | +0.27 |
| DRSK Aptus Defined Risk ETF | Add +17.7% | 2.84% | +0.26 |
| SNY Sanofi-ADR | Add +77.9% | 0.54% | +0.26 |
| SO The Southern Co. | New | 0.24% | +0.24 |
| ETR Entergy Corp. | New | 0.24% | +0.24 |
| HYMB SS SPDR N Ice HY Muni ETF | New | 0.24% | +0.24 |
| BMO Bank of Montreal | New | 0.23% | +0.23 |
| KVUE Kenvue Inc. | New | 0.21% | +0.21 |
| CGDV Cap Group Dividend Value | Add +9.8% | 4.89% | +0.21 |
| ARE Alexandria Real Estate Equit | New | 0.20% | +0.20 |
| PPL PPL Corp. | New | 0.20% | +0.20 |
| VOO Vanguard S&P 500 ETF | New | 0.19% | +0.19 |
| GSLC Goldman Activebeta US LC ETF | New | 0.18% | +0.18 |
| SCHE Schwab Emrg Mrkts Eqty ETF | New | 0.18% | +0.18 |
| VEA Vanguard Ftse Developed ETF | New | 0.18% | +0.18 |
| MUB iShares National Muni Bond E | Add +30.0% | 1.05% | +0.18 |
| PAYX Paychex Inc. | New | 0.18% | +0.18 |
| UNP Union Pacific Corp. | New | 0.17% | +0.17 |
| FLO Flowers Foods Inc. | New | 0.16% | +0.16 |
| IVV iShares Core S&P 500 ETF | Add +24.6% | 1.45% | +0.16 |
| XLE SS Energy Select Sector | Add +3.0% | 2.30% | +0.13 |
| CVX Chevron Corp. | Add +9.1% | 0.80% | +0.13 |
| IFLN Invesco Bloomberg Enhanced F | Add +73.9% | 0.31% | +0.12 |
| WMB Williams Cos Inc. | Add +31.5% | 0.42% | +0.11 |
| KO The Coca-Cola Co. | Add +27.9% | 0.38% | +0.10 |
| JNJ Johnson & Johnson | Add +11.3% | 0.62% | +0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +30.1% | 0.65% | +0.09 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 127 | $193.3M | SCHG, CGDV, VB, SGOV, VIOG |
| Q1 2026 | 118 | $168.3M | SCHG, CGDV, SGOV, VB, VIOV |
| Q4 2025 | 108 | $155.7M | SCHG, CGDV, SGOV, VB, VIOV |
| Q3 2025 | 112 | $153.2M | SCHG, SGOV, CGDV, VB, VIOV |
| Q2 2025 | 111 | $140.6M | SCHG, CGDV, SGOV, VB, VIOV |
| Q1 2025 | 126 | $121.6M | SCHG, CALF, CGDV, COWZ, SCHR |
| Q4 2024 | 101 | $114.6M | SCHG, CALF, COWZ, SCHR, CGDV |
| Q3 2024 | 100 | $104.9M | SCHG, CALF, SCHR, COWZ, IJS |