DKM Wealth Management, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), DKM Wealth Management, Inc. reported 65 stock positions worth $124.6 million. Its top holding was Thornburg Income Builder Opp (TBLD) at 15.0% of the portfolio, followed by T Rowe PRC Cap Appreciation (TCAF, 11.5%) and Source Capital (XSORX, 10.3%). Compared with Q2 2025, it opened 9 new positions, sold out of 1, added to 16 and reduced 14. The biggest buy was Fundstr Gran SH US LRG Cap (GRNY, shares +20%) and the biggest sale Cambria Shareholder Yield Et (SYLD, shares −38%).

Most Recent 13F
Q2 2026
Location
STOCKTON, CA
CIK
0002055833
Portfolio Value
$124.6M (Q3 2025)
SEC Filing
0001085146-25-005911 ↗ filed Oct 10, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q4 2024: $105.5M Q4 2024 Q1 2025: $103.1M Q1 2025 Q2 2025: $116.0M Q2 2025 Q3 2025: $124.6M $124.6M Q3 2025 Q4 2025: $134.1M Q4 2025 Q1 2026: $138.7M Q1 2026 Q2 2026: $153.0M Q2 2026

Holdings 65 stocks · $124.6M
TBLD Thornburg Income Builder Opp 15.02% 941,073 $18.7M Reduce -1.5%
TCAF T Rowe PRC Cap Appreciation 11.51% 380,398 $14.3M Reduce -1.9%
XSORX Source Capital Inc. 10.32% 285,637 $12.9M Add +1.5%
GRNY Fundstr Gran SH US LRG Cap 7.40% 368,908 $9.2M Add +19.8%
ITOT iShares Core S&P Total U.S. 5.77% 49,341 $7.2M Reduce -1.6%
IVV iShares Core S&P 500 ETF 5.71% 10,632 $7.1M Add +3.6%
AAPL Apple Inc. 4.69% 22,968 $5.8M Add +7.8%
SYLD Cambria Shareholder Yield Et 4.24% 76,908 $5.3M Reduce -38.4%
VTI VG Morningstar TS MKT ETF-US 3.83% 14,542 $4.8M No change
QQQ Invesco QQQ Trust Series 1 3.82% 7,935 $4.8M Add +0.9%
OAKM Oakmark US Large Cap ETF 2.35% 109,348 $2.9M Add +5.4%
XNCMX Nuveen Ca Amt-FR Muni Inc. 2.16% 212,592 $2.7M No change
STBF Perf Trust Short Term BD ETF 1.96% 95,960 $2.4M Add +14.0%
TLT iShares 20+ Year Treasury BD 1.62% 22,562 $2.0M Reduce -40.4%
COPY Tweedy Browne Insdr+valu ETF 1.61% 162,872 $2.0M Add +169.3%
NAC Nuveen Ca QLTY Muni Inc. 1.31% 142,401 $1.6M No change
TSLA Tesla Inc. 0.98% 2,755 $1.2M Add +54.7%
SPY SS SPDR S&P 500 ETF Trust-US 0.91% 1,711 $1.1M No change
AMZN Amazon.com Inc. 0.91% 5,154 $1.1M Add +0.5%
ACWX iShares MSCI Acwi Ex US ETF 0.90% 17,184 $1.1M Add +6.3%
VEA Vanguard Ftse Developed ETF 0.82% 17,096 $1.0M Reduce -0.8%
TMSL T.rowe PRC Small-Mid Cap ETF 0.80% 28,162 $990K Add +25.1%
NVDA Nvidia Corp. 0.68% 4,564 $852K Reduce -0.1%
LMT Lockheed Martin Corp. 0.65% 1,626 $812K No change
IWM iShares Russell 2000 ETF 0.63% 3,220 $779K Reduce -21.0%
MSFT Microsoft Corp. 0.54% 1,304 $675K Add +2.4%
OEF iShares S&P 100 ETF 0.52% 1,947 $648K Reduce -8.5%
WFC Wells Fargo & Co. 0.51% 7,616 $638K Add +0.3%
JOET Virtus Terranova US Qual Mom 0.50% 14,400 $619K Reduce -3.3%
VOO Vanguard S&P 500 ETF 0.43% 881 $540K No change
BTQ BTQ Technologies Corp. 0.41% 73,303 $507K New
IEF iShares 7-10 Year Treasury B 0.39% 4,983 $481K No change
BMNR Bitmine Immersion Technologi 0.38% 9,152 $475K New
META Meta Platforms Inc. Class A 0.37% 624 $458K New
IJR iShares Core S&P Small-Cap E 0.37% 3,830 $455K Reduce -1.0%
SCHD Schwab US DVD Equity ETF 0.33% 15,060 $411K No change
VWO Vanguard Ftse Emerging Marke 0.32% 7,446 $403K Reduce -0.4%
VNQ Vanguard Real Estate ETF 0.32% 4,337 $396K Reduce -18.7%
JOF Japan Smaller Capitalization 0.29% 34,001 $358K No change
BIZD Vaneck BDC Income ETF 0.27% 22,400 $335K No change
GLD SPDR Gold Shares 0.24% 828 $294K No change
IEFA iShares Core MSCI Eafe ETF 0.23% 3,326 $290K No change
IREN Iren Ltd. filed as IREN LIMITED 0.23% 6,122 $287K New
MFIC Midcap Financial Investment 0.23% 23,500 $282K No change
CAT Caterpillar Inc. 0.22% 585 $279K No change
BRK.B Berkshire Hathaway Inc. Class B 0.22% 545 $274K Add +10.1%
TIP iShares Tips Bond ETF 0.22% 2,412 $268K No change
KEYS Keysight Technologies Inc. 0.21% 1,508 $264K Add +4.1%
TOTL SS Doubleline TR Tact ETF 0.20% 6,076 $247K No change
RMT Royce Micro-Cap Trust Inc. 0.19% 23,002 $239K No change
IBIT iShares Bitcoin Trust ETF 0.18% 3,459 $225K Reduce -5.8%
RIO Rio Tinto PLC-Spon ADR 0.17% 3,250 $215K New
JOBY Joby Aviation Inc. 0.15% 11,300 $182K New
NCA Nuveen California Muni Val 0.13% 18,000 $160K No change
CIFR Cipher Digital Inc. 0.13% 12,475 $157K New
WIW Western Asst Infl-LNK Opp 0.09% 12,000 $107K No change
OPEN Opendoor Technologies Inc. 0.08% 13,250 $106K New
XJQCX Nuveen Credit Strategies Inc. 0.06% 15,000 $79K No change
TTI Tetra Technologies Inc. 0.06% 12,500 $72K No change
ABSI Absci Corp. 0.05% 20,000 $61K No change
ACB Aurora Cannabis Inc. 0.05% 10,000 $60K No change
ABCL Abcellera Biologics Inc. 0.04% 10,000 $50K No change
LAES Sealsq Corp. 0.03% 10,000 $37K New
ZVIA Zevia PBC-A 0.03% 13,000 $35K No change
IAUX I-80 Gold Corp. 0.01% 10,000 $10K No change

Portfolio Sells Q2 2025 → Q3 2025
SYLD Cambria Shareholder Yield Et Reduce -38.4% 4.24% −2.76
TLT iShares 20+ Year Treasury BD Reduce -40.4% 1.62% −1.26
TBLD Thornburg Income Builder Opp Reduce -1.5% 15.02% −1.14
GOOGL Alphabet Inc. Class A Sold out 0.00% −0.29
TCAF T Rowe PRC Cap Appreciation Reduce -1.9% 11.51% −0.29
IWM iShares Russell 2000 ETF Reduce -21.0% 0.63% −0.13
VNQ Vanguard Real Estate ETF Reduce -18.7% 0.32% −0.09
ITOT iShares Core S&P Total U.S. Reduce -1.6% 5.77% −0.07
OEF iShares S&P 100 ETF Reduce -8.5% 0.52% −0.04
JOET Virtus Terranova US Qual Mom Reduce -3.3% 0.50% −0.03
VEA Vanguard Ftse Developed ETF Reduce -0.8% 0.82% −0.03
IBIT iShares Bitcoin Trust ETF Reduce -5.8% 0.18% −0.01
IJR iShares Core S&P Small-Cap E Reduce -1.0% 0.37% +0.00
VWO Vanguard Ftse Emerging Marke Reduce -0.4% 0.32% +0.00
NVDA Nvidia Corp. Reduce -0.1% 0.68% +0.06

Portfolio Buys Q2 2025 → Q3 2025
GRNY Fundstr Gran SH US LRG Cap Add +19.8% 7.40% +1.38
COPY Tweedy Browne Insdr+valu ETF Add +169.3% 1.61% +1.00
AAPL Apple Inc. Add +7.8% 4.69% +0.93
TSLA Tesla Inc. Add +54.7% 0.98% +0.50
BTQ BTQ Technologies Corp. New 0.41% +0.41
BMNR Bitmine Immersion Technologi New 0.38% +0.38
META Meta Platforms Inc. Class A New 0.37% +0.37
IREN Iren Ltd. New 0.23% +0.23
IVV iShares Core S&P 500 ETF Add +3.6% 5.71% +0.22
RIO Rio Tinto PLC-Spon ADR New 0.17% +0.17
TMSL T.rowe PRC Small-Mid Cap ETF Add +25.1% 0.80% +0.16
JOBY Joby Aviation Inc. New 0.15% +0.15
CIFR Cipher Digital Inc. New 0.13% +0.13
STBF Perf Trust Short Term BD ETF Add +14.0% 1.96% +0.12
OPEN Opendoor Technologies Inc. New 0.08% +0.08
QQQ Invesco QQQ Trust Series 1 Add +0.9% 3.82% +0.08
OAKM Oakmark US Large Cap ETF Add +5.4% 2.35% +0.05
ACWX iShares MSCI Acwi Ex US ETF Add +6.3% 0.90% +0.05
LAES Sealsq Corp. New 0.03% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +10.1% 0.22% +0.01
KEYS Keysight Technologies Inc. Add +4.1% 0.21% +0.01
MSFT Microsoft Corp. Add +2.4% 0.54% −0.00
WFC Wells Fargo & Co. Add +0.3% 0.51% −0.01
AMZN Amazon.com Inc. Add +0.5% 0.91% −0.06
XSORX Source Capital Inc. Add +1.5% 10.32% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 74$153.0MTBLD, TCAF, XSORX, GRNY, IVV
Q1 2026 76$138.7MTBLD, XSORX, TCAF, GRNY, IVV
Q4 2025 75$134.1MTBLD, TCAF, XSORX, GRNY, IVV
Q3 2025 65$124.6MTBLD, TCAF, XSORX, GRNY, ITOT
Q2 2025 57$116.0MTBLD, TCAF, XSORX, SYLD, GRNY
Q1 2025Amended 50$103.1MTBLD, TCAF, XSORX, SYLD, ITOT
Q4 2024 52$105.5MTBLD, TCAF, XSORX, SYLD, ITOT