GDS Wealth Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 31, 2025), GDS Wealth Management reported 186 stock positions worth $1.5 billion. Its top holding was Ishr Ibx Usd Invgd CB ETF-Ui (LQD) at 5.3% of the portfolio, followed by Vanguard Int-Term Corporate (VCIT, 3.6%) and Vanguard Long-Term Corp. Bond (VCLT, 3.4%). Compared with Q2 2025, it opened 16 new positions, sold out of 5, added to 109 and reduced 44. The biggest buy was Synopsys (SNPS, shares +117%) and the biggest sale Estee Lauder Companies Class A (EL, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- FLOWER MOUND, TX
- CIK
- 0001940869
- Portfolio Value
- $1.5B (Q3 2025)
- SEC Filing
- 0001940869-25-000003 ↗ filed Oct 31, 2025
Holdings Value
Holdings 186 stocks · $1.5B
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 5.25% | 714,034 | $79.6M | Add +14.6% |
| VCIT Vanguard Int-Term Corporate | 3.56% | 640,284 | $53.9M | Add +12.6% |
| VCLT Vanguard Long-Term Corp. Bond | 3.37% | 656,579 | $51.0M | Add +15.8% |
| IAGG iShares Intl Aggregate Bond | 2.62% | 776,084 | $39.8M | Add +8.1% |
| IDV iShares International Select | 2.10% | 870,660 | $31.8M | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 2.04% | 126,919 | $30.9M | Add +2.1% |
| AAPL Apple Inc. | 2.02% | 120,027 | $30.6M | Add +5.5% |
| WMT Walmart Inc. | 2.01% | 294,813 | $30.4M | Add +3.5% |
| MSFT Microsoft Corp. | 2.00% | 58,512 | $30.3M | Add +5.7% |
| IUSV iShares Core S&P U.S. Value | 1.95% | 295,632 | $29.5M | Reduce -6.1% |
| USMV iShares MSCI USA Min Vol Fac | 1.91% | 303,422 | $28.9M | Add +1.9% |
| AMZN Amazon.com Inc. | 1.89% | 130,635 | $28.7M | Add +2.4% |
| JPM JPMorgan Chase & Co. | 1.78% | 85,673 | $27.0M | Add +1.9% |
| NVDA Nvidia Corp. | 1.77% | 143,484 | $26.8M | Add +1.7% |
| PFF iShares Preferred & Income S | 1.75% | 839,733 | $26.6M | Add +10.0% |
| HPE Hewlett Packard Enterprise | 1.66% | 1,026,437 | $25.2M | Add +0.5% |
| FTSM First Trust Enh Short Mat FD | 1.66% | 418,749 | $25.1M | Add +50.8% |
| MU Micron Technology Inc. | 1.58% | 143,348 | $24.0M | Add +1.9% |
| IGIB iShares 5-10Y Inv Grade Corp. | 1.58% | 442,909 | $24.0M | Add +4.3% |
| TT Trane Technologies PLC | 1.55% | 55,762 | $23.5M | Add +1.4% |
| LGOV First TR Long Duration O-ETF | 1.54% | 1,071,792 | $23.3M | Add +5.5% |
| FIXD First Trust Smith Opportunis | 1.53% | 520,633 | $23.1M | Add +12.7% |
| DEED First Trust Securitized Plus | 1.52% | 1,080,075 | $23.1M | Add +5.4% |
| AXP American Express Co. | 1.49% | 68,068 | $22.6M | Add +2.2% |
| META Meta Platforms Inc. Class A | 1.41% | 29,125 | $21.4M | Add +2.5% |
| ALL Allstate Corp. | 1.37% | 97,025 | $20.8M | Add +3.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.35% | 141,213 | $20.4M | Add +4.3% |
| IR Ingersoll-Rand Inc. | 1.27% | 232,079 | $19.2M | Add +2.8% |
| HD Home Depot Inc. | 1.20% | 44,784 | $18.1M | Add +5.3% |
| EW Edwards Lifesciences Corp. | 1.16% | 225,998 | $17.6M | Add +4.2% |
| V Visa Inc. Class A | 1.16% | 51,325 | $17.5M | Add +4.7% |
| IQV Iqvia Holdings Inc. | 1.14% | 91,201 | $17.3M | Add +4.2% |
| APH Amphenol Corp. Class A | 1.13% | 137,883 | $17.1M | Add +4.0% |
| STE Steris PLC | 1.12% | 68,667 | $17.0M | Add +4.5% |
| MPWR Monolithic Power Systems Inc. | 1.10% | 18,054 | $16.6M | Add +6.9% |
| NXPI NXP Semiconductors NV | 1.10% | 72,938 | $16.6M | Add +4.5% |
| CRM Salesforce Inc. | 1.08% | 69,193 | $16.4M | Add +4.9% |
| THC Tenet Healthcare Corp. | 1.07% | 80,075 | $16.3M | Add +6.6% |
| SPGI S&P Global Inc. | 1.07% | 33,315 | $16.2M | Add +4.0% |
| SNPS Synopsys Inc. | 1.06% | 32,582 | $16.1M | Add +116.7% |
| LRCX Lam Research Corp. | 1.04% | 118,110 | $15.8M | Add +7.2% |
| UNH Unitedhealth Group Inc. | 1.01% | 44,252 | $15.3M | Reduce -10.7% |
| FANG Diamondback Energy Inc. | 0.95% | 100,641 | $14.4M | Add +7.9% |
| AMD Advanced Micro Devices | 0.95% | 88,906 | $14.4M | Add +6.8% |
| FLYW Flywire Corp.-Voting | 0.93% | 1,039,320 | $14.1M | Add +8.9% |
| GEV GE Vernova Inc. | 0.91% | 22,413 | $13.8M | Add +10.0% |
| DXCM Dexcom Inc. | 0.89% | 200,452 | $13.5M | Add +5.9% |
| SPOT Spotify Technology SA | 0.87% | 18,867 | $13.2M | Add +7.5% |
| WIX Wix.com Ltd. | 0.87% | 74,047 | $13.2M | Add +11.7% |
| SHAK Shake Shack Inc. Class A | 0.83% | 134,885 | $12.6M | Add +4.3% |
| PG The Procter & Gamble Co. | 0.82% | 81,190 | $12.5M | Add +20.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.82% | 25,434 | $12.5M | Add +10.4% |
| AXON Axon Enterprise Inc. | 0.80% | 16,845 | $12.1M | Add +8.8% |
| TOL Toll Brothers Inc. | 0.80% | 87,361 | $12.1M | Add +9.9% |
| BSX Boston Scientific Corp. | 0.79% | 122,077 | $11.9M | Add +8.4% |
| NTRA Natera Inc. | 0.77% | 72,117 | $11.6M | Add +11.1% |
| FISV Fiserv Inc. | 0.76% | 89,656 | $11.6M | Add +10.3% |
| MSI Motorola Solutions Inc. | 0.75% | 24,888 | $11.4M | Add +13.7% |
| WELL Welltower Inc. | 0.75% | 63,763 | $11.4M | Add +13.7% |
| COST Costco Wholesale Corp. | 0.74% | 12,127 | $11.2M | Add +13.8% |
| MLM Martin Marietta Materials | 0.74% | 17,756 | $11.2M | Add +13.7% |
| CMG Chipotle Mexican Grill Inc. | 0.72% | 279,107 | $10.9M | Add +60.9% |
| GWRE Guidewire Software Inc. | 0.70% | 46,360 | $10.7M | Add +12.5% |
| ADI Analog Devices Inc. | 0.68% | 41,790 | $10.3M | Add +14.5% |
| ICE Intercontinental Exchange Inc. | 0.67% | 60,491 | $10.2M | Reduce -7.5% |
| CDNS Cadence Design SYS Inc. | 0.67% | 28,858 | $10.1M | Add +19.9% |
| HQY Healthequity Inc. | 0.63% | 100,969 | $9.6M | Add +15.7% |
| PINS Pinterest Inc. Class A | 0.63% | 294,929 | $9.5M | Add +10.9% |
| GDDY GoDaddy Inc. Class A | 0.62% | 68,577 | $9.4M | Add +14.4% |
| TSCO Tractor Supply Company | 0.61% | 163,158 | $9.3M | Add +16.5% |
| HUBS HubSpot Inc. | 0.60% | 19,482 | $9.1M | Add +16.0% |
| DECK Deckers Outdoor Corp. | 0.56% | 84,342 | $8.5M | Add +19.6% |
| TW Tradeweb Markets Inc. Class A | 0.52% | 71,001 | $7.9M | Add +19.2% |
| FTNT Fortinet Inc. | 0.52% | 93,142 | $7.8M | Add +23.2% |
| XOM Exxon Mobil Corp. | 0.34% | 46,295 | $5.2M | Reduce -2.5% |
| IVV iShares Core S&P 500 ETF | 0.27% | 6,071 | $4.1M | Reduce -2.5% |
| AVGO Broadcom Inc. | 0.25% | 11,364 | $3.7M | Add +3.6% |
| HAL Halliburton Co. | 0.15% | 91,361 | $2.2M | Reduce -5.2% |
| ORI Old Republic Intl Corp. | 0.14% | 51,487 | $2.2M | No change |
| SYF Synchrony Financial | 0.14% | 30,701 | $2.2M | Reduce -1.3% |
| FDL First Trust Morn DVD Lead Inc. | 0.14% | 49,662 | $2.2M | Reduce -3.8% |
| VTC Vanguard Total Corporate BND | 0.12% | 22,653 | $1.8M | Reduce -6.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 3,506 | $1.8M | Add +2.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 5,017 | $1.6M | Add +0.1% |
| PAYC Paycom Software Inc. | 0.11% | 7,845 | $1.6M | New |
| ETN Eaton Corp. PLC | 0.11% | 4,304 | $1.6M | Reduce -1.3% |
| TMUS T-Mobile US Inc. | 0.09% | 5,747 | $1.4M | Add +0.7% |
| IJH iShares Core S&P Midcap ETF | 0.09% | 19,805 | $1.3M | Add +6.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 4,490 | $1.3M | Reduce -0.0% |
| TLT iShares 20+ Year Treasury BD | 0.08% | 14,149 | $1.3M | Reduce -4.6% |
| III Information Services Group | 0.07% | 194,513 | $1.1M | New |
| IEFA iShares Core MSCI Eafe ETF | 0.07% | 12,534 | $1.1M | Add +0.7% |
| TSLA Tesla Inc. | 0.07% | 2,446 | $1.1M | Add +10.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 1,697 | $1.0M | Add +11.2% |
| ABBV Abbvie Inc. | 0.06% | 4,231 | $980K | Add +4.1% |
| MCD McDonald's Corp. | 0.06% | 3,063 | $931K | Add +5.7% |
| IVW iShares S&P 500 Growth ETF | 0.06% | 7,473 | $902K | Reduce -0.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.05% | 10,152 | $811K | Reduce -9.4% |
| ACN Accenture PLC Class A | 0.05% | 3,157 | $779K | Add +2.8% |
| IUSG iShares Core S&P U.S. Growth | 0.05% | 4,650 | $765K | Reduce -3.6% |
Portfolio Sells Q2 2025 → Q3 2025
| EL Estee Lauder Companies Class A | Reduce -97.4% | 0.03% | −1.19 |
| IUSV iShares Core S&P U.S. Value | Reduce -6.1% | 1.95% | −0.22 |
| ICE Intercontinental Exchange Inc. | Reduce -7.5% | 0.67% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -10.7% | 1.01% | −0.12 |
| OKTA Okta Inc. | Reduce -48.1% | 0.03% | −0.04 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.03 |
| DIN Dine Brands Global Inc. | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -2.5% | 0.34% | −0.03 |
| ORN Orion Group Holdings Inc. | Reduce -50.3% | 0.01% | −0.02 |
| VTC Vanguard Total Corporate BND | Reduce -6.1% | 0.12% | −0.02 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −0.02 |
| FDL First Trust Morn DVD Lead Inc. | Reduce -3.8% | 0.14% | −0.02 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.02 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -2.5% | 0.27% | −0.01 |
| IBM Intl Business Machines Corp. | Reduce -0.0% | 0.08% | −0.01 |
| TLT iShares 20+ Year Treasury BD | Reduce -4.6% | 0.08% | −0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -9.4% | 0.05% | −0.01 |
| SYF Synchrony Financial | Reduce -1.3% | 0.14% | −0.01 |
| ETN Eaton Corp. PLC | Reduce -1.3% | 0.11% | −0.01 |
| CME Cme Group Inc. | Reduce -0.8% | 0.05% | −0.01 |
| XLK SS Technology Select Sector | Reduce -22.8% | 0.02% | −0.01 |
| HDV iShares Core High Dividend E | Reduce -13.7% | 0.02% | −0.01 |
| EMR Emerson Electric Co. | Reduce -0.7% | 0.03% | −0.00 |
| IYF iShares US Financials ETF | Reduce -4.9% | 0.04% | −0.00 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -7.5% | 0.03% | −0.00 |
| MET Metlife Inc. | Reduce -2.5% | 0.03% | −0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -6.5% | 0.02% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -12.3% | 0.02% | −0.00 |
| IUSG iShares Core S&P U.S. Growth | Reduce -3.6% | 0.05% | −0.00 |
| LMT Lockheed Martin Corp. | Reduce -2.4% | 0.04% | −0.00 |
| PCAR Paccar Inc. | Reduce -0.9% | 0.03% | −0.00 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -5.5% | 0.02% | −0.00 |
| ACWI iShares MSCI Acwi ETF | Reduce -0.3% | 0.05% | −0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Reduce -0.1% | 0.03% | −0.00 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -0.1% | 0.02% | −0.00 |
| IXUS iShares Core Intl Stock ETF | Reduce -1.0% | 0.02% | −0.00 |
| AEP American Electric Power | Reduce -1.8% | 0.02% | −0.00 |
| IVW iShares S&P 500 Growth ETF | Reduce -0.3% | 0.06% | −0.00 |
| PLD Prologis Inc. | Reduce -1.8% | 0.02% | −0.00 |
| VBTX Veritex Holdings Inc. | Reduce -15.5% | 0.04% | −0.00 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -1.2% | 0.02% | −0.00 |
| DFAT Dimensional US Target Value | Reduce -0.5% | 0.02% | −0.00 |
| LRGF iShares US Equity Factor ETF | Reduce -0.1% | 0.01% | −0.00 |
| LHX L3HARRIS Technologies Inc. | Reduce -3.7% | 0.02% | +0.00 |
| TLRY Tilray Brands Inc. | Reduce -8.2% | 0.00% | +0.00 |
| FAST Fastenal Co. | Reduce -0.8% | 0.04% | +0.00 |
| ORCL Oracle Corp. | Reduce -4.5% | 0.02% | +0.00 |
| HAL Halliburton Co. | Reduce -5.2% | 0.15% | +0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| SNPS Synopsys Inc. | Add +116.7% | 1.06% | +0.50 |
| FTSM First Trust Enh Short Mat FD | Add +50.8% | 1.66% | +0.44 |
| GOOGL Alphabet Inc. Class A | Add +2.1% | 2.04% | +0.44 |
| MU Micron Technology Inc. | Add +1.9% | 1.58% | +0.32 |
| AAPL Apple Inc. | Add +5.5% | 2.02% | +0.31 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +14.6% | 5.25% | +0.27 |
| LRCX Lam Research Corp. | Add +7.2% | 1.04% | +0.26 |
| VCLT Vanguard Long-Term Corp. Bond | Add +15.8% | 3.37% | +0.23 |
| MPWR Monolithic Power Systems Inc. | Add +6.9% | 1.10% | +0.20 |
| APH Amphenol Corp. Class A | Add +4.0% | 1.13% | +0.17 |
| NVDA Nvidia Corp. | Add +1.7% | 1.77% | +0.14 |
| HPE Hewlett Packard Enterprise | Add +0.5% | 1.66% | +0.14 |
| IQV Iqvia Holdings Inc. | Add +4.2% | 1.14% | +0.14 |
| TOL Toll Brothers Inc. | Add +9.9% | 0.80% | +0.14 |
| TJX TJX Companies Inc. | Add +4.3% | 1.35% | +0.13 |
| CDNS Cadence Design SYS Inc. | Add +19.9% | 0.67% | +0.13 |
| GEV GE Vernova Inc. | Add +10.0% | 0.91% | +0.12 |
| WELL Welltower Inc. | Add +13.7% | 0.75% | +0.12 |
| FLYW Flywire Corp.-Voting | Add +8.9% | 0.93% | +0.11 |
| VCIT Vanguard Int-Term Corporate | Add +12.6% | 3.56% | +0.11 |
| MLM Martin Marietta Materials | Add +13.7% | 0.74% | +0.11 |
| THC Tenet Healthcare Corp. | Add +6.6% | 1.07% | +0.11 |
| PAYC Paycom Software Inc. | New | 0.11% | +0.11 |
| WIX Wix.com Ltd. | Add +11.7% | 0.87% | +0.10 |
| AMD Advanced Micro Devices | Add +6.8% | 0.95% | +0.09 |
| MSI Motorola Solutions Inc. | Add +13.7% | 0.75% | +0.08 |
| III Information Services Group | New | 0.07% | +0.07 |
| TSCO Tractor Supply Company | Add +16.5% | 0.61% | +0.07 |
| HD Home Depot Inc. | Add +5.3% | 1.20% | +0.06 |
| FIXD First Trust Smith Opportunis | Add +12.7% | 1.53% | +0.05 |
| PFF iShares Preferred & Income S | Add +10.0% | 1.75% | +0.04 |
| ADI Analog Devices Inc. | Add +14.5% | 0.68% | +0.04 |
| PG The Procter & Gamble Co. | Add +20.9% | 0.82% | +0.04 |
| CINF Cincinnati Financial Corp. | New | 0.04% | +0.04 |
| DECK Deckers Outdoor Corp. | Add +19.6% | 0.56% | +0.03 |
| AVGO Broadcom Inc. | Add +3.6% | 0.25% | +0.03 |
| CVX Chevron Corp. | Add +147.4% | 0.04% | +0.03 |
| SHW The Sherwin-Williams Co. | New | 0.02% | +0.02 |
| MO Altria Group Inc. | New | 0.02% | +0.02 |
| LOW Lowe's Cos Inc. | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +10.7% | 0.07% | +0.02 |
| BTI British American Tob-SP ADR | New | 0.02% | +0.02 |
| GLW Corning Inc. | New | 0.02% | +0.02 |
| MCK McKesson Corp. | New | 0.02% | +0.02 |
| CSCO Cisco Systems Inc. | New | 0.02% | +0.02 |
| SDY SS SPDR S&P Dividend ETF | New | 0.02% | +0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | New | 0.02% | +0.02 |
| FANG Diamondback Energy Inc. | Add +7.9% | 0.95% | +0.02 |
| UNM Unum Group | New | 0.02% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +20.3% | 0.04% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 232 | $2.1B | LQD, MU, VCIT, VCLT, AMD |
| Q1 2026 | 200 | $1.7B | LQD, VCIT, VCLT, IAGG, FTSM |
| Q4 2025 | 188 | $1.6B | LQD, VCIT, VCLT, FTSM, IAGG |
| Q3 2025 | 186 | $1.5B | LQD, VCIT, VCLT, IAGG, IDV |
| Q2 2025 | 175 | $1.4B | LQD, VCIT, VCLT, IAGG, IUSV |
| Q1 2025 | 167 | $1.2B | LQD, VCIT, VCLT, IAGG, IUSV |
| Q4 2024 | 171 | $1.1B | LQD, FTSM, VCIT, IUSV, VCLT |
| Q3 2024 | 165 | $1.0B | FTSM, LQD, IUSV, VCLT, VCIT |
| Q2 2024 | 141 | $911.6M | LQD, IUSV, FTSM, USMV, VCIT |
| Q1 2024 | 137 | $853.9M | LQD, IUSV, IVV, USMV, IDV |