GDS Wealth Management

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 4, 2024), GDS Wealth Management reported 165 stock positions worth $1.0 billion. Its top holding was First Trust Enh Short Mat FD (FTSM) at 8.6% of the portfolio, followed by Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 6.0%) and iShares Core S&P U.S. Value (IUSV, 4.2%). Compared with Q2 2024, it opened 34 new positions, sold out of 10, added to 64 and reduced 46. The biggest buy was First Trust Enh Short Mat FD (FTSM, shares +205%) and the biggest sale iShares Core High Dividend E (HDV, shares −97%).

Most Recent 13F
Q2 2026
Location
FLOWER MOUND, TX
CIK
0001940869
Portfolio Value
$1.0B (Q3 2024)
SEC Filing
0001221073-24-000097 ↗ filed Nov 4, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $853.9M Q1 2024 Q2 2024: $911.6M Q2 2024 Q3 2024: $1.0B $1.0B Q3 2024 Q4 2024: $1.1B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.4B Q2 2025 Q3 2025: $1.5B Q3 2025 Q4 2025: $1.6B Q4 2025 Q1 2026: $1.7B Q1 2026 Q2 2026: $2.1B Q2 2026

Holdings 165 stocks · $1.0B
FTSM First Trust Enh Short Mat FD 8.59% 1,472,046 $88.1M Add +204.9%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 5.96% 541,408 $61.2M Add +11.0%
IUSV iShares Core S&P U.S. Value 4.21% 452,513 $43.2M Reduce -0.9%
VCLT Vanguard Long-Term Corp. Bond 3.46% 437,418 $35.5M Add +24.6%
VCIT Vanguard Int-Term Corporate 3.41% 417,977 $35.0M Add +24.4%
USMV iShares MSCI USA Min Vol Fac 2.91% 327,034 $29.9M Reduce -2.9%
IAGG iShares Intl Aggregate Bond 2.89% 572,737 $29.7M Add +8.7%
IDV iShares International Select 2.55% 866,102 $26.2M Add +3.5%
AMZN Amazon.com Inc. 2.15% 118,678 $22.1M Add +2.8%
WMT Walmart Inc. 2.13% 270,193 $21.8M Add +4.5%
AAPL Apple Inc. 2.11% 92,753 $21.6M Add +3.0%
IVV iShares Core S&P 500 ETF 1.99% 35,370 $20.4M Add +4.8%
TT Trane Technologies PLC 1.96% 51,767 $20.1M Add +4.3%
GOOGL Alphabet Inc. Class A 1.84% 114,056 $18.9M Add +3.0%
MSFT Microsoft Corp. 1.83% 43,681 $18.8M Add +5.2%
PFF iShares Preferred & Income S 1.81% 558,595 $18.6M Add +12.4%
LHX L3HARRIS Technologies Inc. 1.78% 76,701 $18.2M Add +4.5%
DEED First Trust Securitized Plus 1.71% 807,786 $17.6M Add +12.8%
LGOV First TR Long Duration O-ETF 1.69% 775,683 $17.4M Add +13.1%
IGIB iShares 5-10Y Inv Grade Corp. 1.69% 322,395 $17.3M Add +7935.8%
FANG Diamondback Energy Inc. 1.65% 98,164 $16.9M Add +3.5%
ICE Intercontinental Exchange Inc. 1.62% 103,412 $16.6M Add +5.3%
IR Ingersoll-Rand Inc. 1.60% 167,248 $16.4M Add +6.4%
AXP American Express Co. 1.59% 60,237 $16.3M Add +6.1%
JPM JPMorgan Chase & Co. 1.59% 77,416 $16.3M Add +6.5%
ALL Allstate Corp. 1.59% 85,962 $16.3M Add +6.3%
CRM Salesforce Inc. 1.57% 58,870 $16.1M Add +6.3%
FIXD First Trust Smith Opportunis 1.51% 342,915 $15.5M Add +12.9%
IYF iShares US Financials ETF 1.49% 147,226 $15.3M Reduce -0.4%
HD Home Depot Inc. 1.39% 35,195 $14.3M Add +7.4%
META Meta Platforms Inc. Class A 1.39% 24,910 $14.3M Add +7.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.39% 120,989 $14.2M Add +7.6%
SPGI S&P Global Inc. 1.38% 27,358 $14.1M Add +7.0%
SDVY First Trust Smid Cap Rising 1.37% 386,308 $14.1M Add +13.1%
NXPI NXP Semiconductors NV 1.30% 55,740 $13.4M Add +7.7%
STE Steris PLC 1.30% 55,155 $13.4M Add +8.0%
AMD Advanced Micro Devices 1.29% 80,883 $13.3M Add +10.9%
FISV Fiserv Inc. 1.27% 72,506 $13.0M Add +9.7%
IQV Iqvia Holdings Inc. 1.27% 54,893 $13.0M Add +8.0%
UNH Unitedhealth Group Inc. 1.23% 21,539 $12.6M Add +8.9%
V Visa Inc. Class A 1.14% 42,444 $11.7M Add +9.8%
FJUL FT Vest US Equity Buffer ETF 0.94% 199,966 $9.6M Add +10.8%
DXCM Dexcom Inc. 0.89% 135,815 $9.1M Add +148.0%
EW Edwards Lifesciences Corp. 0.84% 130,674 $8.6M Reduce -32.8%
XOM Exxon Mobil Corp. 0.64% 55,916 $6.6M Reduce -3.5%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.60% 61,639 $6.1M Reduce -12.5%
VTC Vanguard Total Corporate BND 0.54% 70,170 $5.6M Reduce -32.5%
TLT iShares 20+ Year Treasury BD 0.42% 44,451 $4.4M Reduce -30.7%
HAL Halliburton Co. 0.32% 113,386 $3.3M Reduce -63.3%
PG The Procter & Gamble Co. 0.27% 16,275 $2.8M Add +260.5%
FDL First Trust Morn DVD Lead Inc. 0.27% 66,670 $2.8M Reduce -4.7%
HPE Hewlett Packard Enterprise 0.26% 128,800 $2.6M New
PINS Pinterest Inc. Class A 0.25% 77,751 $2.5M New
VCSH Vanguard S/T Corp. Bond ETF 0.23% 29,900 $2.4M Reduce -31.5%
CRWD CrowdStrike Holdings Inc. Class A 0.23% 8,393 $2.4M New
HQY Healthequity Inc. 0.23% 28,638 $2.3M New
TW Tradeweb Markets Inc. Class A 0.23% 18,744 $2.3M New
DECK Deckers Outdoor Corp. 0.22% 14,265 $2.3M New
NVDA Nvidia Corp. 0.22% 18,708 $2.3M Add +76.9%
QRVO Qorvo Inc. 0.21% 21,016 $2.2M New
HUBS HubSpot Inc. 0.21% 4,043 $2.1M New
MLM Martin Marietta Materials 0.20% 3,772 $2.0M New
AVGO Broadcom Inc. 0.18% 10,737 $1.9M Reduce -9.2%
SYF Synchrony Financial 0.17% 34,305 $1.7M Reduce -7.4%
MSI Motorola Solutions Inc. 0.15% 3,385 $1.5M Add +41.0%
ETN Eaton Corp. PLC 0.15% 4,495 $1.5M Reduce -3.6%
TMUS T-Mobile US Inc. 0.11% 5,515 $1.1M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 5,018 $1.1M Add +54.2%
ACN Accenture PLC Class A 0.11% 3,122 $1.1M Add +17.6%
VTI VG Morningstar TS MKT ETF-US 0.10% 3,800 $1.1M Add +10.9%
COST Costco Wholesale Corp. 0.10% 1,150 $1.0M Add +89.8%
BRK.B Berkshire Hathaway Inc. Class B 0.09% 2,000 $921K Add +5.8%
VEA Vanguard Ftse Developed ETF 0.09% 16,967 $896K Add +261.1%
IJH iShares Core S&P Midcap ETF 0.09% 14,092 $878K Add +3.2%
CL Colgate-Palmolive Co. 0.09% 8,443 $876K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.08% 3,198 $844K Reduce -94.9%
LMT Lockheed Martin Corp. 0.08% 1,402 $820K Reduce -3.6%
IEFA iShares Core MSCI Eafe ETF 0.08% 10,194 $796K No change
MCD McDonald's Corp. 0.07% 2,504 $762K Add +1.4%
IUSG iShares Core S&P U.S. Growth 0.07% 5,334 $704K Reduce -92.8%
VB Vanguard Most SM-Cap ETF-Usd 0.07% 2,954 $701K Reduce -95.4%
CME Cme Group Inc. 0.07% 3,171 $700K Reduce -4.5%
JNJ Johnson & Johnson 0.06% 4,032 $653K Reduce -2.2%
ACWI iShares MSCI Acwi ETF 0.06% 5,339 $638K Add +1.1%
HDV iShares Core High Dividend E 0.06% 5,315 $625K Reduce -96.9%
KO The Coca-Cola Co. 0.06% 8,664 $623K Reduce -3.2%
IVW iShares S&P 500 Growth ETF 0.06% 6,410 $614K Add +1.6%
ATO Atmos Energy Corp. 0.06% 4,306 $597K No change
LIN Linde PLC 0.06% 1,250 $596K Reduce -0.7%
QQQ Invesco QQQ Trust Series 1 0.06% 1,158 $565K Add +39.2%
UNP Union Pacific Corp. 0.05% 2,209 $544K Reduce -6.8%
DFAC Dimensional US Core Equity 2 0.05% 15,806 $542K New
ABBV Abbvie Inc. 0.05% 2,725 $538K No change
TSCO Tractor Supply Company 0.05% 1,834 $534K New
PLAY Dave & Buster's Entertainmen 0.05% 15,202 $518K Add +3.3%
THC Tenet Healthcare Corp. 0.05% 3,058 $508K New
VBTX Veritex Holdings Inc. 0.05% 19,000 $500K No change
CMG Chipotle Mexican Grill Inc. 0.05% 8,666 $499K New
SPOT Spotify Technology SA 0.05% 1,350 $498K New
BSX Boston Scientific Corp. 0.05% 5,849 $490K New
VOO Vanguard S&P 500 ETF 0.05% 920 $485K Add +6.1%
LRCX Lam Research Corp. 0.05% 593 $484K New
TOL Toll Brothers Inc. 0.05% 3,122 $482K New
PPG PPG Industries Inc. 0.05% 3,627 $480K No change
GWRE Guidewire Software Inc. 0.05% 2,610 $477K New
ABT Abbott Laboratories 0.05% 4,161 $474K Reduce -1.2%
MANH Manhattan Associates Inc. 0.05% 1,664 $468K New
MPWR Monolithic Power Systems Inc. 0.05% 502 $464K New
ADI Analog Devices Inc. 0.05% 2,013 $463K New
FAST Fastenal Co. 0.04% 6,440 $460K Reduce -0.2%
NTRA Natera Inc. 0.04% 3,612 $459K New
OSCR Oscar Health Inc. Class A 0.04% 21,019 $446K New
AZN Astrazeneca PLC-Spons ADR 0.04% 5,709 $445K Reduce -7.3%
FTNT Fortinet Inc. 0.04% 5,725 $444K New
GDDY GoDaddy Inc. Class A 0.04% 2,789 $437K New
DFUV Dimensional US Marketwide Va 0.04% 10,486 $437K No change
WELL Welltower Inc. 0.04% 3,414 $437K New
AVAV Aerovironment Inc. 0.04% 2,123 $426K New
MTUM iShares MSCI USA Momentum Fa 0.04% 2,099 $426K Add +3.2%
EMR Emerson Electric Co. 0.04% 3,886 $425K Reduce -7.0%
PCAR Paccar Inc. 0.04% 4,267 $421K Reduce -6.5%
WIX Wix.com Ltd. 0.04% 2,509 $419K New
SHAK Shake Shack Inc. Class A 0.04% 4,038 $417K New
MET Metlife Inc. 0.04% 5,004 $413K Reduce -0.3%
BKNG Booking Holdings Inc. 0.04% 97 $409K Reduce -5.8%
ROL Rollins Inc. 0.04% 8,045 $407K No change
VYM Vanguard High DVD Yield ETF 0.04% 3,090 $396K Add +59.3%
AEP American Electric Power 0.04% 3,810 $391K Reduce -0.9%
IJR iShares Core S&P Small-Cap E 0.04% 3,156 $369K Add +6.2%
MA Mastercard Inc. Class A 0.04% 741 $366K Reduce -2.6%
PLD Prologis Inc. 0.04% 2,855 $361K Reduce -4.2%
IEMG iShares Core MSCI Emerging 0.03% 6,217 $357K Reduce -1.5%
IVE iShares S&P 500 Value ETF 0.03% 1,765 $348K Add +3.3%
EFAV iShares MSCI Eafe Min Vol Fa 0.03% 4,294 $329K Reduce -4.8%
AFL Aflac Inc. 0.03% 2,933 $328K No change
ORN Orion Group Holdings Inc. 0.03% 51,338 $296K No change
FBCG Fidelity Blue Chip Grow ETF 0.03% 6,879 $294K No change
EQIX Equinix Inc. 0.03% 319 $283K Reduce -20.8%
GOOG Alphabet Inc. Class C 0.03% 1,693 $283K No change
CVX Chevron Corp. 0.03% 1,900 $280K Reduce -24.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.03% 1,562 $273K Add +20.5%
MDT Medtronic PLC 0.03% 3,017 $272K New
AGG iShares Core U.S. Aggregate 0.03% 2,651 $268K Reduce -19.2%
DFAS Dimensional US Small Cap ETF 0.03% 4,099 $266K No change
ET Energy Transfer LP 0.03% 16,560 $266K No change
NEE Nextera Energy Inc. 0.03% 3,081 $260K No change
PPBI Pacific Premier Bancorp Inc. 0.02% 9,938 $250K No change
XLI SS Industrial Select Sector 0.02% 1,832 $248K Reduce -96.8%
IXUS iShares Core Intl Stock ETF 0.02% 3,412 $248K Add +1.6%
ORCL Oracle Corp. 0.02% 1,446 $246K Reduce -9.3%
GOVT iShares US Treasury Bond ETF 0.02% 10,440 $245K Add +17.3%
DGRO iShares Core Dividend Growth 0.02% 3,873 $243K No change
IEF iShares 7-10 Year Treasury B 0.02% 2,470 $242K Reduce -98.4%
NVO Novo-Nordisk A/S-Spons ADR 0.02% 2,030 $242K Add +0.1%
BTMD Biote Corp. Class A 0.02% 42,789 $239K Reduce -26.0%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.02% 1,409 $236K New
RTX RTX Corp. 0.02% 1,936 $235K Reduce -5.2%
RDVY First Trust Rising Dividend 0.02% 3,877 $230K Reduce -0.0%
DFAT Dimensional US Target Value 0.02% 4,090 $228K No change
MPC Marathon Petroleum Corp. 0.02% 1,384 $225K No change
COP Conocophillips 0.02% 2,057 $217K Reduce -3.3%
MHK Mohawk Industries Inc. 0.02% 1,321 $212K New
CARR Carrier Global Corp. 0.02% 2,568 $207K New
LMAT Lemaitre Vascular Inc. 0.02% 2,212 $205K New
TLRY Tilray Brands Inc. 0.00% 18,026 $32K No change

Portfolio Sells Q2 2024 → Q3 2024
HDV iShares Core High Dividend E Reduce -96.9% 0.06% −2.00
IEF iShares 7-10 Year Treasury B Reduce -98.4% 0.02% −1.58
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -94.9% 0.08% −1.57
VB Vanguard Most SM-Cap ETF-Usd Reduce -95.4% 0.07% −1.47
EW Edwards Lifesciences Corp. Reduce -32.8% 0.84% −1.13
IUSG iShares Core S&P U.S. Growth Reduce -92.8% 0.07% −0.96
HAL Halliburton Co. Reduce -63.3% 0.32% −0.82
XLI SS Industrial Select Sector Reduce -96.8% 0.02% −0.75
XLE SS Energy Select Sector Sold out 0.00% −0.69
VTC Vanguard Total Corporate BND Reduce -32.5% 0.54% −0.32
EL Estee Lauder Companies Class A Reduce -12.5% 0.60% −0.22
TLT iShares 20+ Year Treasury BD Reduce -30.7% 0.42% −0.22
IUSV iShares Core S&P U.S. Value Reduce -0.9% 4.21% −0.20
USMV iShares MSCI USA Min Vol Fac Reduce -2.9% 2.91% −0.19
VCSH Vanguard S/T Corp. Bond ETF Reduce -31.5% 0.23% −0.14
XOM Exxon Mobil Corp. Reduce -3.5% 0.64% −0.09
IYF iShares US Financials ETF Reduce -0.4% 1.49% −0.04
AVGO Broadcom Inc. Reduce -9.2% 0.18% −0.03
LLY Eli Lilly & Co. Sold out 0.00% −0.03
QUAL iShares MSCI USA Quality Fac Sold out 0.00% −0.03
SYF Synchrony Financial Reduce -7.4% 0.17% −0.03
BTMD Biote Corp. Class A Reduce -26.0% 0.02% −0.02
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.02
BA The Boeing Co. Sold out 0.00% −0.02
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Sold out 0.00% −0.02
AAL American Airlines Group Inc. Sold out 0.00% −0.02
FDL First Trust Morn DVD Lead Inc. Reduce -4.7% 0.27% −0.02
F Ford Motor Co. Sold out 0.00% −0.02
CVX Chevron Corp. Reduce -24.1% 0.03% −0.02
ETN Eaton Corp. PLC Reduce -3.6% 0.15% −0.02
PCAR Paccar Inc. Reduce -6.5% 0.04% −0.01
JPC Nuveen Prefered & Income Opp Sold out 0.00% −0.01
AZN Astrazeneca PLC-Spons ADR Reduce -7.3% 0.04% −0.01
EMR Emerson Electric Co. Reduce -7.0% 0.04% −0.01
AGG iShares Core U.S. Aggregate Reduce -19.2% 0.03% −0.01
EQIX Equinix Inc. Reduce -20.8% 0.03% −0.01
UNP Union Pacific Corp. Reduce -6.8% 0.05% −0.01
COP Conocophillips Reduce -3.3% 0.02% −0.01
BKNG Booking Holdings Inc. Reduce -5.8% 0.04% −0.00
NUTEX HEALTH INC Sold out 0.00% −0.00
CME Cme Group Inc. Reduce -4.5% 0.07% −0.00
LIN Linde PLC Reduce -0.7% 0.06% −0.00
JNJ Johnson & Johnson Reduce -2.2% 0.06% −0.00
IEMG iShares Core MSCI Emerging Reduce -1.5% 0.03% −0.00
EFAV iShares MSCI Eafe Min Vol Fa Reduce -4.8% 0.03% −0.00
ABT Abbott Laboratories Reduce -1.2% 0.05% −0.00
KO The Coca-Cola Co. Reduce -3.2% 0.06% −0.00
PLD Prologis Inc. Reduce -4.2% 0.04% −0.00
MA Mastercard Inc. Class A Reduce -2.6% 0.04% −0.00
RDVY First Trust Rising Dividend Reduce -0.0% 0.02% −0.00

Portfolio Buys Q2 2024 → Q3 2024
FTSM First Trust Enh Short Mat FD Add +204.9% 8.59% +5.43
IGIB iShares 5-10Y Inv Grade Corp. Add +7935.8% 1.69% +1.67
VCLT Vanguard Long-Term Corp. Bond Add +24.6% 3.46% +0.54
VCIT Vanguard Int-Term Corporate Add +24.4% 3.41% +0.47
HPE Hewlett Packard Enterprise New 0.26% +0.26
PINS Pinterest Inc. Class A New 0.25% +0.25
LQD Ishr Ibx Usd Invgd CB ETF-Ui Add +11.0% 5.96% +0.23
CRWD CrowdStrike Holdings Inc. Class A New 0.23% +0.23
HQY Healthequity Inc. New 0.23% +0.23
TW Tradeweb Markets Inc. Class A New 0.23% +0.23
DECK Deckers Outdoor Corp. New 0.22% +0.22
QRVO Qorvo Inc. New 0.21% +0.21
HUBS HubSpot Inc. New 0.21% +0.21
DXCM Dexcom Inc. Add +148.0% 0.89% +0.21
WMT Walmart Inc. Add +4.5% 2.13% +0.21
MLM Martin Marietta Materials New 0.20% +0.20
PG The Procter & Gamble Co. Add +260.5% 0.27% +0.19
FISV Fiserv Inc. Add +9.7% 1.27% +0.19
ALL Allstate Corp. Add +6.3% 1.59% +0.17
TT Trane Technologies PLC Add +4.3% 1.96% +0.17
HD Home Depot Inc. Add +7.4% 1.39% +0.15
AXP American Express Co. Add +6.1% 1.59% +0.15
ICE Intercontinental Exchange Inc. Add +5.3% 1.62% +0.14
SPGI S&P Global Inc. Add +7.0% 1.38% +0.13
UNH Unitedhealth Group Inc. Add +8.9% 1.23% +0.12
SDVY First Trust Smid Cap Rising Add +13.1% 1.37% +0.12
META Meta Platforms Inc. Class A Add +7.8% 1.39% +0.11
LGOV First TR Long Duration O-ETF Add +13.1% 1.69% +0.11
DEED First Trust Securitized Plus Add +12.8% 1.71% +0.09
PFF iShares Preferred & Income S Add +12.4% 1.81% +0.09
IQV Iqvia Holdings Inc. Add +8.0% 1.27% +0.09
NVDA Nvidia Corp. Add +76.9% 0.22% +0.08
FIXD First Trust Smith Opportunis Add +12.9% 1.51% +0.08
STE Steris PLC Add +8.0% 1.30% +0.07
VEA Vanguard Ftse Developed ETF Add +261.1% 0.09% +0.06
DFAC Dimensional US Core Equity 2 New 0.05% +0.05
TSCO Tractor Supply Company New 0.05% +0.05
THC Tenet Healthcare Corp. New 0.05% +0.05
CMG Chipotle Mexican Grill Inc. New 0.05% +0.05
SPOT Spotify Technology SA New 0.05% +0.05
BSX Boston Scientific Corp. New 0.05% +0.05
LRCX Lam Research Corp. New 0.05% +0.05
TOL Toll Brothers Inc. New 0.05% +0.05
MSI Motorola Solutions Inc. Add +41.0% 0.15% +0.05
GWRE Guidewire Software Inc. New 0.05% +0.05
IBM Intl Business Machines Corp. Add +54.2% 0.11% +0.05
MANH Manhattan Associates Inc. New 0.05% +0.05
ADI Analog Devices Inc. New 0.05% +0.05
MPWR Monolithic Power Systems Inc. New 0.05% +0.05
NTRA Natera Inc. New 0.04% +0.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 232$2.1BLQD, MU, VCIT, VCLT, AMD
Q1 2026 200$1.7BLQD, VCIT, VCLT, IAGG, FTSM
Q4 2025 188$1.6BLQD, VCIT, VCLT, FTSM, IAGG
Q3 2025 186$1.5BLQD, VCIT, VCLT, IAGG, IDV
Q2 2025 175$1.4BLQD, VCIT, VCLT, IAGG, IUSV
Q1 2025 167$1.2BLQD, VCIT, VCLT, IAGG, IUSV
Q4 2024 171$1.1BLQD, FTSM, VCIT, IUSV, VCLT
Q3 2024 165$1.0BFTSM, LQD, IUSV, VCLT, VCIT
Q2 2024 141$911.6MLQD, IUSV, FTSM, USMV, VCIT
Q1 2024 137$853.9MLQD, IUSV, IVV, USMV, IDV