Code Waechter LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Code Waechter LLC reported 108 stock positions worth $155.7 million. Its top holding was Schwab US Large-Cap Growth (SCHG) at 11.5% of the portfolio, followed by Cap Group Dividend Value (CGDV, 8.3%) and iShares 0-3 Month Treasury B (SGOV, 7.1%). Compared with Q3 2025, it opened 7 new positions, sold out of 11, added to 49 and reduced 36. The biggest buy was Schwab US Large-Cap Growth (SCHG, shares +19%) and the biggest sale an exit from Pacer Ame Energy Infr ETF-US (USAI).

Most Recent 13F
Q2 2026
Location
TAMPA, FL
CIK
0002039212
Portfolio Value
$155.7M (Q4 2025)
SEC Filing
0002039212-26-000001 ↗ filed Jan 26, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q3 2024: $104.9M Q3 2024 Q4 2024: $114.6M Q4 2024 Q1 2025: $121.6M Q1 2025 Q2 2025: $140.6M Q2 2025 Q3 2025: $153.2M Q3 2025 Q4 2025: $155.7M $155.7M Q4 2025 Q1 2026: $168.3M Q1 2026 Q2 2026: $193.3M Q2 2026

Holdings 108 stocks · $155.7M
SCHG Schwab US Large-Cap Growth 11.53% 550,273 $17.9M Add +19.4%
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 8.30% 296,062 $12.9M Add +2.8%
SGOV iShares 0-3 Month Treasury B 7.10% 110,190 $11.1M Reduce -8.5%
VB Vanguard Most SM-Cap ETF-Usd 6.29% 37,962 $9.8M Reduce -10.1%
VIOV Vanguard S&P Small-Cap 600 V 4.62% 73,665 $7.2M Add +1.4%
VIOG Vanguard S&P SM Cap 600 GRW 3.88% 49,872 $6.0M Add +3.5%
SCHR Schwab Intermediate-Term US 3.31% 205,411 $5.2M Reduce -0.8%
SCHX Schwab US Large-Cap ETF 3.05% 176,500 $4.7M Reduce -2.5%
BALT Inn Defined Wealth Shield 2.78% 129,116 $4.3M Reduce -1.8%
SCHM Schwab US Mid Cap ETF 2.74% 142,078 $4.3M Reduce -2.3%
DRSK Aptus Defined Risk ETF 2.19% 119,612 $3.4M Reduce -4.2%
QDPL Pacer Met US LRG Cap DVD 400 2.01% 73,793 $3.1M Add +3.6%
MSFT Microsoft Corp. 1.49% 4,785 $2.3M Reduce -0.7%
SCHA Schwab US Small-Cap ETF 1.47% 80,391 $2.3M Reduce -0.3%
AAPL Apple Inc. 1.45% 8,323 $2.3M Reduce -22.4%
IVV iShares Core S&P 500 ETF 1.17% 2,669 $1.8M Add +7.7%
QQQ Invesco QQQ Trust Series 1 1.09% 2,773 $1.7M Add +1.8%
NVDA Nvidia Corp. 1.09% 9,107 $1.7M Add +16.0%
IWF iShares Russell 1000 Growth 0.92% 3,040 $1.4M No change
AVGO Broadcom Inc. 0.83% 3,738 $1.3M Reduce -3.0%
ABBV Abbvie Inc. 0.83% 5,632 $1.3M Add +2.2%
JEPI JPMorgan Equity Premium Inco 0.80% 21,880 $1.3M Add +3.0%
FDVV Fidelity High Dividend ETF 0.80% 21,969 $1.2M No change
BTI British American Tob-SP ADR 0.79% 21,803 $1.2M Add +15.8%
SCHF Schwab Intl Equity ETF 0.77% 49,706 $1.2M Reduce -8.9%
MUB iShares National Muni Bond E 0.73% 10,579 $1.1M Add +11.9%
GOOGL Alphabet Inc. Class A 0.68% 3,399 $1.1M Reduce -24.2%
DVY iShares Select Dividend ETF 0.65% 7,120 $1.0M No change
AMZN Amazon.com Inc. 0.64% 4,298 $992K Add +12.3%
WMB Williams Cos Inc. 0.63% 16,370 $984K Add +66.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.62% 1,418 $967K Reduce -0.3%
SCHD Schwab US DVD Equity ETF 0.62% 35,192 $965K Reduce -0.4%
ENB Enbridge Inc. 0.62% 20,093 $961K Reduce -1.3%
NGG National Grid PLC-SP ADR 0.59% 11,794 $912K Reduce -1.9%
TTE Totalenergies SE 0.59% 13,939 $912K Reduce -0.8%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.57% 20,513 $887K No change
JPM JPMorgan Chase & Co. 0.57% 2,752 $887K Reduce -0.4%
SPHD Invesco S&P 500 High Dividen 0.57% 18,361 $881K No change
USB US Bancorp 0.56% 16,433 $877K Add +6.2%
JNJ Johnson & Johnson 0.55% 4,130 $855K Add +5.3%
LLY Eli Lilly & Co. 0.54% 785 $844K Add +17.2%
PNC PNC Financial Services Group 0.53% 3,941 $823K Add +5.3%
VTV Vanguard Mrngstr Val ETF-Aui 0.52% 4,248 $811K Add +6.2%
CVX Chevron Corp. 0.52% 5,282 $805K Reduce -1.0%
TRP TC Energy Corp. 0.50% 14,123 $777K Add +4.1%
GOOG Alphabet Inc. Class C 0.49% 2,445 $767K Reduce -3.7%
VZ Verizon Communications Inc. 0.49% 18,747 $764K Add +3.8%
META Meta Platforms Inc. Class A 0.49% 1,149 $758K Reduce -3.1%
XOM Exxon Mobil Corp. 0.48% 6,259 $753K Add +3.9%
AMGN Amgen Inc. 0.48% 2,296 $752K Reduce -3.1%
XEL Xcel Energy Inc. 0.46% 9,651 $713K Add +1.0%
TFC Truist Financial Corp. 0.45% 14,270 $702K Add +12.5%
SNY Sanofi-ADR 0.45% 14,426 $699K Reduce -2.5%
PFE Pfizer Inc. 0.44% 27,616 $688K Add +22.7%
PLD Prologis Inc. 0.41% 5,054 $645K Add +6.6%
GSK GSK PLC-Spon ADR 0.39% 12,230 $600K Add +1.7%
RTX RTX Corp. 0.38% 3,214 $589K Add +4.8%
SUB iShares Short-Term National 0.38% 5,514 $588K Reduce -7.3%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.37% 4,486 $582K Add +1.7%
PM Philip Morris International 0.37% 3,609 $579K Add +100.2%
GILD Gilead Sciences Inc. 0.36% 4,630 $568K Reduce -16.6%
DUK Duke Energy Corp. 0.36% 4,846 $568K Add +0.5%
IJH iShares Core S&P Midcap ETF 0.36% 8,455 $558K No change
HBAN Huntington Bancshares Inc. 0.36% 32,087 $557K Add +0.5%
MS Morgan Stanley 0.34% 3,021 $536K Reduce -31.4%
O Realty Income Corp. 0.34% 9,290 $524K Add +3.0%
AEP American Electric Power 0.33% 4,523 $522K Reduce -0.8%
PEP Pepsico Inc. 0.32% 3,453 $496K Add +18.1%
FE Firstenergy Corp. 0.31% 10,628 $476K Add +21.1%
UNH Unitedhealth Group Inc. 0.30% 1,402 $463K Add +38.7%
AMCR Amcor PLC 0.29% 54,113 $451K Add +105.1%
GE General Electric filed as GE AEROSPACE 0.29% 1,454 $448K Add +5.7%
MA Mastercard Inc. Class A 0.28% 762 $435K Reduce -0.4%
MLN Vaneck Long Muni ETF 0.28% 24,739 $434K No change
TSLA Tesla Inc. 0.24% 830 $373K Reduce -0.4%
XDIV Roundhill S&P 500 No Div ETF 0.24% 13,233 $367K Add +76.3%
KO The Coca-Cola Co. 0.23% 5,147 $360K Reduce -5.8%
COST Costco Wholesale Corp. 0.23% 412 $355K Reduce -3.7%
PPL PPL Corp. 0.23% 10,110 $354K Add +1.2%
DLN Wisdomtree US Largecap Divid 0.23% 4,000 $352K No change
IAU iShares Gold Trust 0.23% 4,339 $352K Reduce -1.9%
KMB Kimberly-Clark Corp. 0.22% 3,342 $337K Add +95.4%
AZO AutoZone Inc. 0.21% 96 $326K No change
BX Blackstone Inc. 0.20% 2,070 $319K No change
MCD McDonald's Corp. 0.20% 1,035 $316K Add +7.1%
BRK.B Berkshire Hathaway Inc. Class B 0.20% 625 $314K No change
VTI VG Morningstar TS MKT ETF-US 0.20% 918 $308K Reduce -1.5%
SCHV Schwab US Large-Cap Value 0.19% 10,166 $301K No change
SO The Southern Co. 0.19% 3,354 $292K Reduce -13.7%
AIG American International Group 0.17% 3,126 $267K Add +24.4%
SBUX Starbucks Corp. 0.17% 3,122 $263K Add +10.8%
WEC WEC Energy Group Inc. 0.17% 2,456 $259K Reduce -0.7%
UNP Union Pacific Corp. 0.16% 1,106 $256K Add +18.5%
BLK BlackRock Inc. 0.16% 237 $254K Add +0.4%
ARE Alexandria Real Estate Equit 0.16% 5,152 $252K Add +22.6%
LMT Lockheed Martin Corp. 0.16% 515 $249K No change
LVS Las Vegas Sands Corp. 0.16% 3,740 $243K New
HD Home Depot Inc. 0.16% 705 $243K No change
HAL Halliburton Co. 0.15% 8,075 $228K New
IWR iShares Russell Mid-Cap ETF 0.15% 2,354 $227K New
V Visa Inc. Class A 0.14% 622 $218K Add +1.5%
DEO Diageo PLC-Sponsored ADR 0.14% 2,469 $213K New
CARR Carrier Global Corp. 0.14% 3,983 $210K Add +5.0%
LIN Linde PLC 0.13% 489 $209K New
COF Capital One Financial Corp. 0.13% 858 $208K New
GD General Dynamics Corp. 0.13% 609 $205K New
ACHR Archer Aviation Inc. Class A 0.05% 10,000 $75K No change
ATCH Atlasclear Holdings Inc. 0.00% 10,000 $3K No change

Portfolio Sells Q3 2025 → Q4 2025
USAI Pacer Ame Energy Infr ETF-US Sold out 0.00% −1.38
SGOV iShares 0-3 Month Treasury B Reduce -8.5% 7.10% −0.80
VB Vanguard Most SM-Cap ETF-Usd Reduce -10.1% 6.29% −0.76
AAPL Apple Inc. Reduce -22.4% 1.45% −0.28
T AT&T Inc. Sold out 0.00% −0.23
DRSK Aptus Defined Risk ETF Reduce -4.2% 2.19% −0.20
KVUE Kenvue Inc. Sold out 0.00% −0.18
CM Can Imperial BK of Commerce Sold out 0.00% −0.17
LYB Lyondellbasell Indu Class A Sold out 0.00% −0.17
ORCL Oracle Corp. Sold out 0.00% −0.16
NFLX Netflix Inc. Sold out 0.00% −0.15
IFLN Invesco Bloomberg Enhanced F Sold out 0.00% −0.15
CRM Salesforce Inc. Sold out 0.00% −0.14
RCL Royal Caribbean Cruises Ltd. Sold out 0.00% −0.13
GNRC Generac Holdings Inc. Sold out 0.00% −0.13
MSFT Microsoft Corp. Reduce -0.7% 1.49% −0.13
SCHR Schwab Intermediate-Term US Reduce -0.8% 3.31% −0.11
MS Morgan Stanley Reduce -31.4% 0.34% −0.10
SCHM Schwab US Mid Cap ETF Reduce -2.3% 2.74% −0.08
SO The Southern Co. Reduce -13.7% 0.19% −0.07
GILD Gilead Sciences Inc. Reduce -16.6% 0.36% −0.06
SCHF Schwab Intl Equity ETF Reduce -8.9% 0.77% −0.06
META Meta Platforms Inc. Class A Reduce -3.1% 0.49% −0.06
SCHX Schwab US Large-Cap ETF Reduce -2.5% 3.05% −0.05
SUB iShares Short-Term National Reduce -7.3% 0.38% −0.04
COST Costco Wholesale Corp. Reduce -3.7% 0.23% −0.04
GOOGL Alphabet Inc. Class A Reduce -24.2% 0.68% −0.04
AVGO Broadcom Inc. Reduce -3.0% 0.83% −0.03
BALT Inn Defined Wealth Shield Reduce -1.8% 2.78% −0.03
SNY Sanofi-ADR Reduce -2.5% 0.45% −0.03
WEC WEC Energy Group Inc. Reduce -0.7% 0.17% −0.02
AEP American Electric Power Reduce -0.8% 0.33% −0.02
ENB Enbridge Inc. Reduce -1.3% 0.62% −0.01
CVX Chevron Corp. Reduce -1.0% 0.52% −0.01
SCHA Schwab US Small-Cap ETF Reduce -0.3% 1.47% −0.01
KO The Coca-Cola Co. Reduce -5.8% 0.23% −0.01
MA Mastercard Inc. Class A Reduce -0.4% 0.28% −0.00
VTI VG Morningstar TS MKT ETF-US Reduce -1.5% 0.20% −0.00
SCHD Schwab US DVD Equity ETF Reduce -0.4% 0.62% +0.00
IAU iShares Gold Trust Reduce -1.9% 0.23% +0.00
NGG National Grid PLC-SP ADR Reduce -1.9% 0.59% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.3% 0.62% +0.01
TSLA Tesla Inc. Reduce -0.4% 0.24% +0.01
JPM JPMorgan Chase & Co. Reduce -0.4% 0.57% +0.02
AMGN Amgen Inc. Reduce -3.1% 0.48% +0.03
TTE Totalenergies SE Reduce -0.8% 0.59% +0.05
GOOG Alphabet Inc. Class C Reduce -3.7% 0.49% +0.08

Portfolio Buys Q3 2025 → Q4 2025
SCHG Schwab US Large-Cap Growth Add +19.4% 11.53% +1.97
CGDV Cap Group Dividend Value Add +2.8% 8.30% +0.45
WMB Williams Cos Inc. Add +66.5% 0.63% +0.23
LLY Eli Lilly & Co. Add +17.2% 0.54% +0.19
PM Philip Morris International Add +100.2% 0.37% +0.18
NVDA Nvidia Corp. Add +16.0% 1.09% +0.17
BTI British American Tob-SP ADR Add +15.8% 0.79% +0.17
LVS Las Vegas Sands Corp. New 0.16% +0.16
AMCR Amcor PLC Add +105.1% 0.29% +0.15
HAL Halliburton Co. New 0.15% +0.15
IWR iShares Russell Mid-Cap ETF New 0.15% +0.15
DEO Diageo PLC-Sponsored ADR New 0.14% +0.14
LIN Linde PLC New 0.13% +0.13
COF Capital One Financial Corp. New 0.13% +0.13
VIOV Vanguard S&P Small-Cap 600 V Add +1.4% 4.62% +0.13
GD General Dynamics Corp. New 0.13% +0.13
XDIV Roundhill S&P 500 No Div ETF Add +76.3% 0.24% +0.10
IVV iShares Core S&P 500 ETF Add +7.7% 1.17% +0.10
AMZN Amazon.com Inc. Add +12.3% 0.64% +0.10
USB US Bancorp Add +6.2% 0.56% +0.09
TFC Truist Financial Corp. Add +12.5% 0.45% +0.09
KMB Kimberly-Clark Corp. Add +95.4% 0.22% +0.08
PFE Pfizer Inc. Add +22.7% 0.44% +0.08
QDPL Pacer Met US LRG Cap DVD 400 Add +3.6% 2.01% +0.08
VIOG Vanguard S&P SM Cap 600 GRW Add +3.5% 3.88% +0.07
MUB iShares National Muni Bond E Add +11.9% 0.73% +0.07
PNC PNC Financial Services Group Add +5.3% 0.53% +0.06
JNJ Johnson & Johnson Add +5.3% 0.55% +0.06
UNH Unitedhealth Group Inc. Add +38.7% 0.30% +0.06
RTX RTX Corp. Add +4.8% 0.38% +0.06
PLD Prologis Inc. Add +6.6% 0.41% +0.06
XOM Exxon Mobil Corp. Add +3.9% 0.48% +0.04
GSK GSK PLC-Spon ADR Add +1.7% 0.39% +0.04
TRP TC Energy Corp. Add +4.1% 0.50% +0.04
AIG American International Group Add +24.4% 0.17% +0.04
VTV Vanguard Mrngstr Val ETF-Aui Add +6.2% 0.52% +0.04
FE Firstenergy Corp. Add +21.1% 0.31% +0.03
QQQ Invesco QQQ Trust Series 1 Add +1.8% 1.09% +0.03
PEP Pepsico Inc. Add +18.1% 0.32% +0.03
UNP Union Pacific Corp. Add +18.5% 0.16% +0.03
SBUX Starbucks Corp. Add +10.8% 0.17% +0.02
GE General Electric Add +5.7% 0.29% +0.02
HBAN Huntington Bancshares Inc. Add +0.5% 0.36% +0.02
JEPI JPMorgan Equity Premium Inco Add +3.0% 0.80% +0.02
VZ Verizon Communications Inc. Add +3.8% 0.49% +0.01
MCD McDonald's Corp. Add +7.1% 0.20% +0.01
BMO Bank of Montreal Add +1.7% 0.37% +0.01
ABBV Abbvie Inc. Add +2.2% 0.83% +0.00
V Visa Inc. Class A Add +1.5% 0.14% +0.00
CARR Carrier Global Corp. Add +5.0% 0.14% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 127$193.3MSCHG, CGDV, VB, SGOV, VIOG
Q1 2026 118$168.3MSCHG, CGDV, SGOV, VB, VIOV
Q4 2025 108$155.7MSCHG, CGDV, SGOV, VB, VIOV
Q3 2025 112$153.2MSCHG, SGOV, CGDV, VB, VIOV
Q2 2025 111$140.6MSCHG, CGDV, SGOV, VB, VIOV
Q1 2025 126$121.6MSCHG, CALF, CGDV, COWZ, SCHR
Q4 2024 101$114.6MSCHG, CALF, COWZ, SCHR, CGDV
Q3 2024 100$104.9MSCHG, CALF, SCHR, COWZ, IJS