Code Waechter LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), Code Waechter LLC reported 111 stock positions worth $140.6 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 9.9% of the portfolio, followed by Cap Group Dividend Value (CGDV, 9.0%) and iShares 0-3 Month Treasury B (SGOV, 6.9%). Compared with Q1 2025, it opened 12 new positions, sold out of 27, added to 58 and reduced 22. The biggest buy was a new position in iShares 0-3 Month Treasury B (SGOV) and the biggest sale an exit from PCR US SM CP CSH CWS ETF-Usd (CALF).
- Most Recent 13F
- Q2 2026
- Location
- TAMPA, FL
- CIK
- 0002039212
- Portfolio Value
- $140.6M (Q2 2025)
- SEC Filing
- 0002039212-25-000005 ↗ filed Aug 5, 2025
Holdings Value
Holdings 111 stocks · $140.6M
| SCHG Schwab US Large-Cap Growth | 9.92% | 477,224 | $13.9M | Add +30.0% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 8.97% | 319,425 | $12.6M | Add +91.5% |
| SGOV iShares 0-3 Month Treasury B | 6.92% | 96,559 | $9.7M | New |
| VB Vanguard Most SM-Cap ETF-Usd | 5.82% | 34,544 | $8.2M | New |
| VIOV Vanguard S&P Small-Cap 600 V | 4.21% | 69,170 | $5.9M | New |
| SCHR Schwab Intermediate-Term US | 3.79% | 212,581 | $5.3M | Add +1.4% |
| VIOG Vanguard S&P SM Cap 600 GRW | 3.77% | 46,367 | $5.3M | New |
| SCHX Schwab US Large-Cap ETF | 3.25% | 187,157 | $4.6M | Reduce -17.1% |
| SCHM Schwab US Mid Cap ETF | 2.97% | 148,703 | $4.2M | Reduce -6.5% |
| DRSK Aptus Defined Risk ETF | 2.61% | 127,784 | $3.7M | Add +0.8% |
| BALT Inn Defined Wealth Shield | 2.13% | 93,416 | $3.0M | Add +10.2% |
| QDPL Pacer Met US LRG Cap DVD 400 | 1.96% | 69,756 | $2.8M | Add +362.8% |
| MSFT Microsoft Corp. | 1.63% | 4,613 | $2.3M | Add +2.2% |
| SCHA Schwab US Small-Cap ETF | 1.62% | 90,079 | $2.3M | Reduce -5.9% |
| AAPL Apple Inc. | 1.59% | 10,871 | $2.2M | Add +32.3% |
| USAI Pacer Ame Energy Infr ETF-US | 1.55% | 53,470 | $2.2M | Add +8.9% |
| IVV iShares Core S&P 500 ETF | 1.10% | 2,484 | $1.5M | Reduce -21.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.07% | 2,725 | $1.5M | No change |
| SCHF Schwab Intl Equity ETF | 0.92% | 58,530 | $1.3M | Reduce -19.2% |
| IWF iShares Russell 1000 Growth | 0.92% | 3,040 | $1.3M | No change |
| JEPI JPMorgan Equity Premium Inco | 0.90% | 22,156 | $1.3M | Add +109.7% |
| FDVV Fidelity High Dividend ETF | 0.81% | 21,958 | $1.1M | No change |
| ABBV Abbvie Inc. | 0.70% | 5,322 | $988K | Add +37.3% |
| MUB iShares National Muni Bond E | 0.69% | 9,324 | $974K | Reduce -23.1% |
| META Meta Platforms Inc. Class A | 0.69% | 1,319 | $974K | Add +17.8% |
| AVGO Broadcom Inc. | 0.69% | 3,531 | $973K | Reduce -2.7% |
| DVY iShares Select Dividend ETF | 0.67% | 7,049 | $936K | No change |
| SCHD Schwab US DVD Equity ETF | 0.66% | 35,175 | $932K | No change |
| ENB Enbridge Inc. | 0.66% | 20,407 | $925K | Reduce -32.2% |
| GOOGL Alphabet Inc. Class A | 0.64% | 5,135 | $905K | Add +32.4% |
| TTE Totalenergies SE -Spon ADR | 0.64% | 14,708 | $903K | Add +52.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.62% | 1,415 | $874K | No change |
| SPHD Invesco S&P 500 High Dividen | 0.61% | 18,155 | $863K | No change |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.61% | 20,283 | $861K | No change |
| NGG National Grid PLC-SP ADR | 0.61% | 11,540 | $859K | Add +37.9% |
| JPM JPMorgan Chase & Co. | 0.58% | 2,806 | $813K | Add +4.4% |
| AMZN Amazon.com Inc. | 0.58% | 3,696 | $811K | Reduce -0.3% |
| VZ Verizon Communications Inc. | 0.57% | 18,589 | $804K | Add +42.5% |
| CVX Chevron Corp. | 0.56% | 5,525 | $791K | Reduce -5.0% |
| NVDA Nvidia Corp. | 0.56% | 4,940 | $780K | Add +0.5% |
| GILD Gilead Sciences Inc. | 0.54% | 6,832 | $757K | Add +37.7% |
| SNY Sanofi-ADR | 0.52% | 15,182 | $733K | Add +27.5% |
| USB US Bancorp | 0.51% | 15,691 | $710K | Add +58.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.50% | 4,000 | $707K | No change |
| TRP TC Energy Corp. | 0.47% | 13,478 | $658K | Reduce -36.9% |
| JNJ Johnson & Johnson | 0.46% | 4,231 | $646K | Reduce -6.9% |
| XEL Xcel Energy Inc. | 0.45% | 9,304 | $634K | Add +49.2% |
| AMGN Amgen Inc. | 0.45% | 2,247 | $627K | Add +51.2% |
| SUB iShares Short-Term National | 0.45% | 5,893 | $627K | No change |
| MS Morgan Stanley | 0.44% | 4,432 | $624K | Add +2.4% |
| WMB Williams Cos Inc. | 0.44% | 9,823 | $617K | Add +14.9% |
| PNC PNC Financial Services Group | 0.43% | 3,208 | $598K | Add +41.4% |
| BMY Bristol-Myers Squibb Co. | 0.42% | 12,873 | $596K | Add +57.4% |
| DUK Duke Energy Corp. | 0.40% | 4,791 | $565K | Add +38.6% |
| XOM Exxon Mobil Corp. | 0.39% | 5,053 | $545K | Add +66.0% |
| TFC Truist Financial Corp. | 0.38% | 12,467 | $536K | Add +40.5% |
| HBAN Huntington Bancshares Inc. | 0.38% | 31,736 | $532K | Add +44.3% |
| UNH Unitedhealth Group Inc. | 0.37% | 1,675 | $523K | Add +40.9% |
| IJH iShares Core S&P Midcap ETF | 0.37% | 8,320 | $516K | Reduce -17.5% |
| PLD Prologis Inc. | 0.37% | 4,893 | $514K | Add +53.1% |
| O Realty Income Corp. | 0.36% | 8,820 | $508K | Reduce -42.5% |
| BMO Bank of Montreal filed as BANK MONTREAL QUE | 0.36% | 4,552 | $504K | Add +54.2% |
| PFE Pfizer Inc. | 0.36% | 20,600 | $499K | Add +55.8% |
| KO The Coca-Cola Co. | 0.34% | 6,796 | $481K | Add +6.3% |
| AEP American Electric Power | 0.34% | 4,599 | $477K | Add +49.3% |
| RTX RTX Corp. | 0.33% | 3,185 | $465K | Add +29.6% |
| GOOG Alphabet Inc. Class C | 0.33% | 2,615 | $464K | Reduce -0.4% |
| T AT&T Inc. | 0.33% | 15,799 | $457K | Add +6.8% |
| LYB Lyondellbasell Indu Class A | 0.31% | 7,593 | $439K | Add +63.8% |
| MA Mastercard Inc. Class A | 0.31% | 767 | $431K | Add +0.5% |
| SO The Southern Co. | 0.30% | 4,665 | $428K | Add +47.0% |
| COST Costco Wholesale Corp. | 0.30% | 429 | $425K | Add +4.9% |
| MLN Vaneck Long Muni ETF | 0.29% | 24,423 | $413K | No change |
| KVUE Kenvue Inc. | 0.26% | 17,766 | $372K | Add +63.1% |
| PEP Pepsico Inc. | 0.26% | 2,776 | $367K | Reduce -12.0% |
| AZO AutoZone Inc. | 0.25% | 96 | $356K | No change |
| LLY Eli Lilly & Co. | 0.25% | 456 | $355K | Add +77.4% |
| AIG American International Group | 0.25% | 4,107 | $352K | Add +44.6% |
| ETR Entergy Corp. | 0.25% | 4,154 | $345K | Add +22.2% |
| PM Philip Morris International | 0.25% | 1,895 | $345K | Reduce -15.8% |
| ARE Alexandria Real Estate Equit | 0.24% | 4,635 | $337K | Add +74.4% |
| PPL PPL Corp. | 0.24% | 9,879 | $335K | Add +49.6% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 1,284 | $331K | Add +5.8% |
| DLN Wisdomtree US Largecap Divid | 0.23% | 4,000 | $329K | No change |
| BX Blackstone Inc. | 0.22% | 2,094 | $313K | Reduce -1.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 625 | $304K | Add +8.7% |
| MCD McDonald's Corp. | 0.20% | 983 | $287K | Add +12.1% |
| SCHV Schwab US Large-Cap Value | 0.20% | 10,166 | $281K | No change |
| HD Home Depot Inc. | 0.19% | 744 | $273K | Reduce -14.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.19% | 879 | $267K | No change |
| IAU iShares Gold Trust | 0.19% | 4,250 | $265K | No change |
| TSLA Tesla Inc. | 0.19% | 831 | $264K | Add +3.5% |
| CARR Carrier Global Corp. | 0.19% | 3,572 | $261K | Add +5.6% |
| NFLX Netflix Inc. | 0.19% | 195 | $261K | New |
| WEC WEC Energy Group Inc. | 0.18% | 2,446 | $255K | New |
| ACN Accenture PLC Class A | 0.18% | 849 | $254K | Add +0.5% |
| BTI British American Tob-SP ADR | 0.18% | 5,359 | $254K | New |
| BLK BlackRock Inc. | 0.18% | 238 | $250K | Reduce -2.1% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BK COMM | 0.17% | 3,470 | $246K | New |
| UPS United Parcel Service Class B | 0.17% | 2,412 | $243K | New |
Portfolio Sells Q1 2025 → Q2 2025
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −5.68 |
| COWZ Pacer US Cash Cows 100 ETF | Sold out | 0.00% | −4.88 |
| IJS iShares S&P Small-Cap 600 Va | Sold out | 0.00% | −4.22 |
| IJT iShares S&P Small-Cap 600 GR | Sold out | 0.00% | −3.44 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −2.30 |
| SCHX Schwab US Large-Cap ETF | Reduce -17.1% | 3.25% | −0.84 |
| UGI Ugi Corp. | Sold out | 0.00% | −0.63 |
| SCHM Schwab US Mid Cap ETF | Reduce -6.5% | 2.97% | −0.46 |
| ENB Enbridge Inc. | Reduce -32.2% | 0.66% | −0.44 |
| NNN NNN REIT Inc. | Sold out | 0.00% | −0.39 |
| NWN Northwest Natural Holding Co. | Sold out | 0.00% | −0.38 |
| ES Eversource Energy | Sold out | 0.00% | −0.37 |
| O Realty Income Corp. | Reduce -42.5% | 0.36% | −0.37 |
| VTEB Vanguard Tax-Exempt Bond ETF | Sold out | 0.00% | −0.37 |
| TRP TC Energy Corp. | Reduce -36.9% | 0.47% | −0.36 |
| MUB iShares National Muni Bond E | Reduce -23.1% | 0.69% | −0.36 |
| IVV iShares Core S&P 500 ETF | Reduce -21.0% | 1.10% | −0.36 |
| UHT Universal Health RLTY Income | Sold out | 0.00% | −0.31 |
| CNQ Canadian Natural Resources | Sold out | 0.00% | −0.31 |
| FTS Fortis Inc. | Sold out | 0.00% | −0.30 |
| BEN Franklin Templeton Inc. | Sold out | 0.00% | −0.29 |
| NWFL Norwood Financial Corp. | Sold out | 0.00% | −0.28 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Sold out | 0.00% | −0.28 |
| SCHF Schwab Intl Equity ETF | Reduce -19.2% | 0.92% | −0.26 |
| SCHZ Schwab US Aggregate Bond ETF | Sold out | 0.00% | −0.26 |
| HYMB SS SPDR N Ice HY Muni ETF | Sold out | 0.00% | −0.24 |
| CVX Chevron Corp. | Reduce -5.0% | 0.56% | −0.24 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.23 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.23 |
| SCHA Schwab US Small-Cap ETF | Reduce -5.9% | 1.62% | −0.22 |
| BSCT Invesco Bulletshares 2029 CB | Sold out | 0.00% | −0.21 |
| CTBI Community Trust Bancorp Inc. | Sold out | 0.00% | −0.19 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.19 |
| GSLC Goldman Activebeta US LC ETF | Sold out | 0.00% | −0.18 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Sold out | 0.00% | −0.18 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.18 |
| MDT Medtronic PLC | Sold out | 0.00% | −0.17 |
| JNJ Johnson & Johnson | Reduce -6.9% | 0.46% | −0.16 |
| IFLN Invesco Bloomberg Enhanced F | Reduce -42.8% | 0.16% | −0.15 |
| PEP Pepsico Inc. | Reduce -12.0% | 0.26% | −0.13 |
| IJH iShares Core S&P Midcap ETF | Reduce -17.5% | 0.37% | −0.12 |
| HD Home Depot Inc. | Reduce -14.7% | 0.19% | −0.07 |
| PM Philip Morris International | Reduce -15.8% | 0.25% | −0.05 |
| V Visa Inc. Class A | Reduce -2.8% | 0.16% | −0.03 |
| BX Blackstone Inc. | Reduce -1.8% | 0.22% | −0.02 |
| BLK BlackRock Inc. | Reduce -2.1% | 0.18% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.4% | 0.33% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -0.3% | 0.58% | −0.00 |
| AVGO Broadcom Inc. | Reduce -2.7% | 0.69% | +0.19 |
Portfolio Buys Q1 2025 → Q2 2025
| SGOV iShares 0-3 Month Treasury B | New | 6.92% | +6.92 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 5.82% | +5.82 |
| VIOV Vanguard S&P Small-Cap 600 V | New | 4.21% | +4.21 |
| CGDV Cap Group Dividend Value | Add +91.5% | 8.97% | +4.09 |
| VIOG Vanguard S&P SM Cap 600 GRW | New | 3.77% | +3.77 |
| SCHG Schwab US Large-Cap Growth | Add +30.0% | 9.92% | +2.36 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +362.8% | 1.96% | +1.51 |
| JEPI JPMorgan Equity Premium Inco | Add +109.7% | 0.90% | +0.40 |
| MSFT Microsoft Corp. | Add +2.2% | 1.63% | +0.24 |
| NFLX Netflix Inc. | New | 0.19% | +0.19 |
| WEC WEC Energy Group Inc. | New | 0.18% | +0.18 |
| BTI British American Tob-SP ADR | New | 0.18% | +0.18 |
| CM Can Imperial BK of Commerce | New | 0.17% | +0.17 |
| UPS United Parcel Service Class B | New | 0.17% | +0.17 |
| META Meta Platforms Inc. Class A | Add +17.8% | 0.69% | +0.16 |
| USB US Bancorp | Add +58.2% | 0.51% | +0.16 |
| CRM Salesforce Inc. | New | 0.16% | +0.16 |
| NGG National Grid PLC-SP ADR | Add +37.9% | 0.61% | +0.16 |
| GOOGL Alphabet Inc. Class A | Add +32.4% | 0.64% | +0.15 |
| FE Firstenergy Corp. | New | 0.15% | +0.15 |
| GEHC GE Healthcare Technology | New | 0.14% | +0.14 |
| TTE Totalenergies SE -Spon ADR | Add +52.5% | 0.64% | +0.13 |
| BMO Bank of Montreal | Add +54.2% | 0.36% | +0.13 |
| NVDA Nvidia Corp. | Add +0.5% | 0.56% | +0.12 |
| HBAN Huntington Bancshares Inc. | Add +44.3% | 0.38% | +0.11 |
| PNC PNC Financial Services Group | Add +41.4% | 0.43% | +0.10 |
| XOM Exxon Mobil Corp. | Add +66.0% | 0.39% | +0.09 |
| XEL Xcel Energy Inc. | Add +49.2% | 0.45% | +0.09 |
| VZ Verizon Communications Inc. | Add +42.5% | 0.57% | +0.09 |
| AAPL Apple Inc. | Add +32.3% | 1.59% | +0.09 |
| GILD Gilead Sciences Inc. | Add +37.7% | 0.54% | +0.08 |
| TFC Truist Financial Corp. | Add +40.5% | 0.38% | +0.08 |
| PFE Pfizer Inc. | Add +55.8% | 0.36% | +0.08 |
| LLY Eli Lilly & Co. | Add +77.4% | 0.25% | +0.08 |
| PLD Prologis Inc. | Add +53.1% | 0.37% | +0.07 |
| AMGN Amgen Inc. | Add +51.2% | 0.45% | +0.07 |
| SO The Southern Co. | Add +47.0% | 0.30% | +0.06 |
| RTX RTX Corp. | Add +29.6% | 0.33% | +0.06 |
| AEP American Electric Power | Add +49.3% | 0.34% | +0.06 |
| DUK Duke Energy Corp. | Add +38.6% | 0.40% | +0.06 |
| KVUE Kenvue Inc. | Add +63.1% | 0.26% | +0.05 |
| AIG American International Group | Add +44.6% | 0.25% | +0.05 |
| LYB Lyondellbasell Indu Class A | Add +63.8% | 0.31% | +0.04 |
| PPL PPL Corp. | Add +49.6% | 0.24% | +0.04 |
| ARE Alexandria Real Estate Equit | Add +74.4% | 0.24% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +4.4% | 0.58% | +0.04 |
| GE General Electric | Add +5.8% | 0.24% | +0.04 |
| ABBV Abbvie Inc. | Add +37.3% | 0.70% | +0.04 |
| MS Morgan Stanley | Add +2.4% | 0.44% | +0.03 |
| AMCR Amcor PLC | Add +42.1% | 0.17% | +0.02 |
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 |