FSA Wealth Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), FSA Wealth Management LLC reported 568 stock positions worth $246.4 million. Its top holding was iShares Russell 1000 Growth (IWF) at 24.4% of the portfolio, followed by iShares Russell 1000 Value E (IWD, 19.1%) and Vanguard Ftse Developed ETF (VEA, 9.8%). Compared with Q3 2024, it opened 29 new positions, sold out of 22, added to 89 and reduced 88. The biggest buy was Vanguard Total Bond Market (BND, shares +18%) and the biggest sale iShares Russell 1000 Value E (IWD, shares −0%).
- Most Recent 13F
- Q3 2025
- Location
- Needham, MA
- CIK
- 0001804256
- Portfolio Value
- $246.4M (Q4 2024)
- SEC Filing
- 0001839882-25-009060 ↗ filed Feb 14, 2025
Holdings Value
Holdings 568 stocks · $246.4M
| IWF iShares Russell 1000 Growth | 24.40% | 149,686 | $60.1M | Reduce -3.6% |
| IWD iShares Russell 1000 Value E | 19.08% | 253,893 | $47.0M | Reduce -0.4% |
| VEA Vanguard Ftse Developed ETF | 9.82% | 505,794 | $24.2M | Add +1.2% |
| IWP iShares Russell Mid-Cap Grow | 7.01% | 136,225 | $17.3M | Reduce -2.4% |
| IWS iShares Russell Mid-Cap Valu | 6.04% | 115,077 | $14.9M | Reduce -0.4% |
| IWO iShares Russell 2000 Growth | 4.06% | 34,708 | $10.0M | Reduce -1.1% |
| IWN iShares Russell 2000 Value E | 3.84% | 57,678 | $9.5M | Add +0.2% |
| VWO Vanguard Ftse Emerging Marke | 3.45% | 193,138 | $8.5M | Add +0.6% |
| IXUS iShares Core Intl Stock ETF | 2.46% | 91,630 | $6.1M | No change |
| AAPL Apple Inc. | 1.99% | 19,531 | $4.9M | Reduce -5.4% |
| TSLA Tesla Inc. | 1.76% | 10,716 | $4.3M | Reduce -23.7% |
| SDY SS SPDR S&P Dividend ETF | 1.31% | 24,499 | $3.2M | Reduce -0.2% |
| MSFT Microsoft Corp. | 0.75% | 4,407 | $1.9M | Reduce -4.0% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.60% | 20,645 | $1.5M | Reduce -0.9% |
| CWST Casella Waste Systems Inc. Class A | 0.59% | 13,820 | $1.5M | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.56% | 4,802 | $1.4M | Add +0.1% |
| INTU Intuit Inc. | 0.52% | 2,053 | $1.3M | Reduce -2.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.45% | 6,616 | $1.1M | Add +0.2% |
| BND Vanguard Total Bond Market | 0.43% | 14,817 | $1.1M | Add +17.6% |
| XOM Exxon Mobil Corp. | 0.33% | 7,638 | $822K | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.33% | 4,255 | $810K | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.31% | 1,294 | $759K | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.26% | 1,068 | $629K | Reduce -7.0% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.26% | 1,530 | $628K | Add +0.9% |
| PG The Procter & Gamble Co. | 0.25% | 3,663 | $614K | Reduce -3.8% |
| GOOGL Alphabet Inc. Class A | 0.24% | 3,183 | $603K | Reduce -10.4% |
| NVDA Nvidia Corp. | 0.23% | 4,221 | $567K | Reduce -22.7% |
| JPM JPMorgan Chase & Co. | 0.20% | 2,046 | $490K | Reduce -7.9% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.16% | 2,501 | $405K | Reduce -2.1% |
| KO The Coca-Cola Co. | 0.16% | 6,246 | $389K | Add +1.0% |
| AMZN Amazon.com Inc. | 0.16% | 1,756 | $385K | Reduce -20.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 827 | $375K | No change |
| COST Costco Wholesale Corp. | 0.15% | 394 | $361K | Reduce -12.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.14% | 677 | $346K | Add +0.3% |
| PNC PNC Financial Services Group | 0.13% | 1,681 | $324K | No change |
| FITB Fifth Third Bancorp | 0.13% | 7,589 | $321K | Reduce -2.5% |
| DVY iShares Select Dividend ETF | 0.13% | 2,379 | $312K | Reduce -10.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 1,299 | $286K | Reduce -6.5% |
| LMT Lockheed Martin Corp. | 0.11% | 578 | $281K | No change |
| V Visa Inc. Class A | 0.11% | 830 | $262K | No change |
| USB US Bancorp | 0.11% | 5,428 | $260K | No change |
| UNP Union Pacific Corp. | 0.10% | 1,123 | $256K | Add +0.1% |
| T AT&T Inc. | 0.10% | 10,972 | $250K | Add +0.1% |
| IWM iShares Russell 2000 ETF | 0.10% | 1,102 | $244K | Reduce -2.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.10% | 7,022 | $240K | Add +7.8% |
| SO The Southern Co. | 0.09% | 2,812 | $231K | No change |
| GLD SPDR Gold Shares | 0.09% | 938 | $227K | No change |
| JNJ Johnson & Johnson | 0.09% | 1,550 | $224K | Reduce -5.8% |
| ABBV Abbvie Inc. | 0.09% | 1,246 | $221K | Add +0.3% |
| LLY Eli Lilly & Co. | 0.09% | 284 | $219K | Reduce -16.5% |
| PANW Palo Alto Networks Inc. | 0.09% | 1,174 | $214K | Reduce -26.9% |
| VIOV Vanguard S&P Small-Cap 600 V | 0.09% | 2,284 | $213K | No change |
| HON Honeywell International Inc. | 0.08% | 878 | $198K | Reduce -15.9% |
| CVX Chevron Corp. | 0.08% | 1,366 | $198K | Reduce -16.3% |
| MPC Marathon Petroleum Corp. | 0.08% | 1,347 | $188K | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.07% | 4,112 | $181K | Add +0.1% |
| TDG Transdigm Group Inc. | 0.07% | 139 | $176K | No change |
| ITOT iShares Core S&P Total U.S. | 0.07% | 1,288 | $166K | Reduce -13.3% |
| MUB iShares National Muni Bond E | 0.07% | 1,519 | $162K | Reduce -17.6% |
| ADP Automatic Data Processing | 0.07% | 550 | $161K | No change |
| CI The Cigna Group | 0.06% | 564 | $156K | No change |
| VONV Vanguard Russell 1000 Value | 0.06% | 1,871 | $152K | Add +1.1% |
| IWR iShares Russell Mid-Cap ETF | 0.06% | 1,711 | $151K | No change |
| ACWI iShares MSCI Acwi ETF | 0.06% | 1,280 | $150K | No change |
| CL Colgate-Palmolive Co. | 0.06% | 1,649 | $150K | Reduce -17.2% |
| NEE Nextera Energy Inc. | 0.06% | 2,055 | $147K | No change |
| PHO Invesco Water Resources ETF | 0.06% | 2,189 | $144K | Reduce -15.9% |
| UNH Unitedhealth Group Inc. | 0.06% | 274 | $139K | No change |
| VZ Verizon Communications Inc. | 0.05% | 3,371 | $135K | Add +0.6% |
| PFE Pfizer Inc. | 0.05% | 4,901 | $130K | Add +0.1% |
| DE Deere & Co. | 0.05% | 303 | $128K | No change |
| CAT Caterpillar Inc. | 0.05% | 350 | $127K | Reduce -28.4% |
| HD Home Depot Inc. | 0.05% | 318 | $124K | Reduce -19.3% |
| MRK Merck & Co. Inc. | 0.05% | 1,233 | $123K | Add +0.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.05% | 483 | $123K | Reduce -2.8% |
| IVW iShares S&P 500 Growth ETF | 0.05% | 1,180 | $120K | No change |
| PYPL PayPal Holdings Inc. | 0.05% | 1,387 | $118K | No change |
| RTX RTX Corp. | 0.05% | 1,015 | $117K | Reduce -15.1% |
| XYL Xylem Inc. | 0.05% | 972 | $113K | Add +0.2% |
| EEM iShares MSCI Emerging Market | 0.04% | 2,634 | $110K | Add +1.8% |
| META Meta Platforms Inc. Class A | 0.04% | 188 | $110K | Reduce -20.7% |
| PLTR Palantir Technologies Inc. Class A | 0.04% | 1,450 | $110K | Reduce -17.1% |
| VOO Vanguard S&P 500 ETF | 0.04% | 201 | $108K | Reduce -4.7% |
| BA The Boeing Co. | 0.04% | 609 | $108K | Reduce -13.0% |
| RCS PIMCO Strategic Income Fund | 0.04% | 14,000 | $107K | No change |
| BMY Bristol-Myers Squibb Co. | 0.04% | 1,815 | $103K | No change |
| PEP Pepsico Inc. | 0.04% | 672 | $102K | No change |
| COP Conocophillips | 0.04% | 1,028 | $102K | Add +0.4% |
| VGT Vanguard Info Tech ETF | 0.04% | 162 | $100K | Add +0.6% |
| IVOO Vanguard S&P Mid-Cap 400 ETF | 0.04% | 947 | $100K | Add +0.6% |
| MCK McKesson Corp. | 0.04% | 174 | $99K | Reduce -26.0% |
| VXUS Vanguard Total Intl Stock | 0.04% | 1,642 | $97K | Add +1.5% |
| ROP Roper Technologies Inc. | 0.04% | 185 | $96K | No change |
| FTEC Fidelity MSCI Info Tech Indx | 0.04% | 514 | $95K | No change |
| XOP SS SPDR S&P Og Exp & Prod | 0.04% | 702 | $93K | Add +0.1% |
| WMT Walmart Inc. | 0.04% | 1,027 | $93K | Reduce -25.7% |
| NSC Norfolk Southern Corp. | 0.04% | 378 | $89K | No change |
| ABT Abbott Laboratories | 0.04% | 783 | $89K | Reduce -20.6% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.04% | 2,026 | $88K | Add +1.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.04% | 950 | $86K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $300 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CONNECTICUT NATURAL GAS (AGR 8 PERP) | Equity | 100 | $300 | New |
Total filed on the 13F, all lines: $246.4M.
Portfolio Sells Q3 2024 → Q4 2024
| IWD iShares Russell 1000 Value E | Reduce -0.4% | 19.08% | −0.26 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.2% | 1.31% | −0.08 |
| IWS iShares Russell Mid-Cap Valu | Reduce -0.4% | 6.04% | −0.06 |
| MSFT Microsoft Corp. | Reduce -4.0% | 0.75% | −0.04 |
| NVDA Nvidia Corp. | Reduce -22.7% | 0.23% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -16.5% | 0.09% | −0.03 |
| CAT Caterpillar Inc. | Reduce -28.4% | 0.05% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -26.9% | 0.09% | −0.02 |
| AMGN Amgen Inc. | Reduce -50.9% | 0.02% | −0.02 |
| CL Colgate-Palmolive Co. | Reduce -17.2% | 0.06% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -10.7% | 0.13% | −0.02 |
| MS Morgan Stanley | Reduce -53.1% | 0.02% | −0.02 |
| CVX Chevron Corp. | Reduce -16.3% | 0.08% | −0.02 |
| JNJ Johnson & Johnson | Reduce -5.8% | 0.09% | −0.02 |
| PHO Invesco Water Resources ETF | Reduce -15.9% | 0.06% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -70.6% | 0.01% | −0.01 |
| MUB iShares National Muni Bond E | Reduce -17.6% | 0.07% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -3.8% | 0.25% | −0.01 |
| HD Home Depot Inc. | Reduce -19.3% | 0.05% | −0.01 |
| ZTS Zoetis Inc. | Reduce -30.0% | 0.02% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -12.4% | 0.15% | −0.01 |
| HES Hess Corp. | Reduce -81.2% | 0.00% | −0.01 |
| FCX Freeport-McMoran Inc. | Reduce -52.6% | 0.01% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -57.1% | 0.01% | −0.01 |
| TTE Totalenergies SE -Spon ADR | Sold out | 0.00% | −0.01 |
| RTX RTX Corp. | Reduce -15.1% | 0.05% | −0.01 |
| META Meta Platforms Inc. Class A | Reduce -20.7% | 0.04% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -7.0% | 0.26% | −0.01 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -80.0% | 0.00% | −0.01 |
| ABT Abbott Laboratories | Reduce -20.6% | 0.04% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -20.9% | 0.16% | −0.01 |
| BIIB Biogen Inc. | Reduce -10.4% | 0.02% | −0.01 |
| CRM Salesforce Inc. | Reduce -51.6% | 0.01% | −0.01 |
| ITOT iShares Core S&P Total U.S. | Reduce -13.3% | 0.07% | −0.01 |
| WMT Walmart Inc. | Reduce -25.7% | 0.04% | −0.01 |
| FDX FedEx Corp. | Reduce -78.0% | 0.00% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -6.5% | 0.12% | −0.01 |
| IWB iShares Russell 1000 ETF | Reduce -33.3% | 0.02% | −0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -2.1% | 0.16% | −0.01 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.01 |
| MCK McKesson Corp. | Reduce -26.0% | 0.04% | −0.01 |
| BLK BlackRock Finance Inc. | Reduce -59.3% | 0.00% | −0.01 |
| CSX CSX Corp. | Reduce -29.5% | 0.01% | −0.01 |
| HON Honeywell International Inc. | Reduce -15.9% | 0.08% | −0.01 |
| WMB Williams Cos Inc. | Reduce -47.8% | 0.01% | −0.01 |
| OKE Oneok Inc. | Reduce -31.8% | 0.02% | −0.01 |
| XLF SS Financial Select Sector | Reduce -75.0% | 0.00% | −0.01 |
| MU Micron Technology Inc. | Reduce -65.9% | 0.00% | −0.01 |
| QCOM Qualcomm Inc. | Reduce -73.7% | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| BND Vanguard Total Bond Market | Add +17.6% | 0.43% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.9% | 0.26% | +0.02 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.1% | 0.56% | +0.02 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Add +200.0% | 0.03% | +0.02 |
| ALIZY Allianz SE - Unsp ADR | New | 0.01% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.31% | +0.01 |
| GALLAGHER ARTHUR J & CO | New | 0.01% | +0.01 |
| CENCORA INC (COR L 07/31/31 1) | New | 0.01% | +0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +11.2% | 0.03% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.3% | 0.14% | +0.01 |
| BAC Bank of America Corp. | Add +0.1% | 0.07% | +0.01 |
| LH Laboratory CRP of Amer Hldgs | New | 0.01% | +0.01 |
| RUM Rum Group Inc. | Add +125.0% | 0.01% | +0.01 |
| IWN iShares Russell 2000 Value E | Add +0.2% | 3.84% | +0.01 |
| BDX Becton Dickinson and Co. | Add +35.3% | 0.03% | +0.01 |
| LVMUY LVMH Moet Hennessy-Unsp ADR | New | 0.01% | +0.01 |
| T AT&T Inc. | Add +0.1% | 0.10% | +0.01 |
| DEO Diageo PLC-Sponsored ADR | Add +333.3% | 0.01% | +0.01 |
| CAZGF Catapult Sports Ltd. | New | 0.00% | +0.00 |
| SVOL Simplify Volatility Premium | Add +50.0% | 0.01% | +0.00 |
| BYDDY BYD Co. Ltd.-Unsponsored ADR | New | 0.00% | +0.00 |
| VGT Vanguard Info Tech ETF | Add +0.6% | 0.04% | +0.00 |
| AMD Advanced Micro Devices | Add +56.7% | 0.02% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +8.7% | 0.03% | +0.00 |
| RHHBY Roche Holdings Ltd.-Spons ADR | New | 0.00% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +25.4% | 0.01% | +0.00 |
| WEBNF Westpac Banking Corp. | New | 0.00% | +0.00 |
| KMI Kinder Morgan Inc. | Add +28.7% | 0.01% | +0.00 |
| EADSY Airbus SE - Unsp ADR | New | 0.00% | +0.00 |
| SIEGY Siemens AG-Spons ADR | New | 0.00% | +0.00 |
| AB Alliancebernstein Holding LP | Add +1.3% | 0.02% | +0.00 |
| FNCL Fidelity MSCI Financial Indx | Add +0.4% | 0.01% | +0.00 |
| SOLVENTUM CORP (SOLV 5.9 04/30/54 144A) | New | 0.00% | +0.00 |
| IYZ iShares US Telecommunication | Add +0.1% | 0.02% | +0.00 |
| FRFHF Fairfax Financial Hldgs Ltd. | New | 0.00% | +0.00 |
| ICAGY Intl Consolidated-Spons ADR | New | 0.00% | +0.00 |
| RECKITT BENCKISER-SPON ADR | New | 0.00% | +0.00 |
| MITSY Mitsui & Co. Ltd.-Spons ADR | New | 0.00% | +0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +0.7% | 0.03% | +0.00 |
| BB Blackberry Ltd. | New | 0.00% | +0.00 |
| XOP SS SPDR S&P Og Exp & Prod | Add +0.1% | 0.04% | +0.00 |
| IVOO Vanguard S&P Mid-Cap 400 ETF | Add +0.6% | 0.04% | +0.00 |
| VXF Vanguard Extended Market ETF | Add +0.5% | 0.02% | +0.00 |
| NTOIY Neste Oyj - Unsp ADR | New | 0.00% | +0.00 |
| VWAGY Volkswagen A G-Unspon ADR | New | 0.00% | +0.00 |
| CRBU Caribou Biosciences Inc. | Add +39.8% | 0.00% | +0.00 |
| FQVLF First Quantum Minerals Ltd. | New | 0.00% | +0.00 |
| QQQJ Invesco Nasdaq Next Gen 100 | Add +0.2% | 0.01% | +0.00 |
| SDZNY Sandoz Group AG-ADR | New | 0.00% | +0.00 |
| EMBC Embecta Corp. | Add +154.6% | 0.00% | +0.00 |
Notes & Other Activity Q3 2024 → Q4 2024
| CONNECTICUT NATURAL GAS (AGR 8 PERP) | Equity | New | 100 | $300 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.