Gray Wealth Management Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 10, 2025), Gray Wealth Management Inc. reported 132 stock positions worth $263.6 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 11.0% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 8.7%) and iShares Core S&P 500 ETF (IVV, 7.0%). Compared with Q3 2024, it opened 2 new positions, sold out of 11, added to 75 and reduced 38. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +9%) and the biggest sale Vanguard Health Care ETF (VHT, shares −1%).
- Most Recent 13F
- Q4 2024
- Location
- Bangor, ME
- CIK
- 0001958397
- Portfolio Value
- $263.6M (Q4 2024)
- SEC Filing
- 0001172661-25-000605 ↗ filed Feb 10, 2025
Holdings Value
Holdings 132 stocks · $263.6M
| VIG Vanguard Dividend Apprec ETF | 11.00% | 148,029 | $29.0M | Add +4.6% |
| VUG Vanguard Mrngstar GR ETF-Sui | 8.68% | 55,742 | $22.9M | Add +8.8% |
| IVV iShares Core S&P 500 ETF | 6.97% | 31,223 | $18.4M | Reduce -0.3% |
| VB Vanguard Most SM-Cap ETF-Usd | 4.00% | 43,854 | $10.5M | Add +5.2% |
| AAPL Apple Inc. | 3.95% | 41,565 | $10.4M | Reduce -0.5% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 3.77% | 37,657 | $9.9M | Add +4.7% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 3.29% | 40,789 | $8.7M | Add +1.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.07% | 47,769 | $8.1M | Add +0.6% |
| MSFT Microsoft Corp. | 2.59% | 16,179 | $6.8M | Add +0.9% |
| QQQ Invesco QQQ Trust Series 1 | 2.39% | 12,314 | $6.3M | Add +0.7% |
| VHT Vanguard Health Care ETF | 2.17% | 22,549 | $5.7M | Reduce -1.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 2.12% | 71,521 | $5.6M | Add +17.5% |
| VTI VG Morningstar TS MKT ETF-US | 2.02% | 18,397 | $5.3M | Add +3.0% |
| PG The Procter & Gamble Co. | 1.84% | 28,923 | $4.8M | Reduce -0.2% |
| TIP iShares Tips Bond ETF | 1.73% | 42,675 | $4.5M | Add +3.3% |
| GOOGL Alphabet Inc. Class A | 1.63% | 22,735 | $4.3M | Add +3.8% |
| VCIT Vanguard Int-Term Corporate | 1.50% | 49,224 | $4.0M | Add +63.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.44% | 8,359 | $3.8M | Add +3.3% |
| AMZN Amazon.com Inc. | 1.43% | 17,216 | $3.8M | Add +2.1% |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | 1.41% | 29,779 | $3.7M | Reduce -1.7% |
| JPST JPMorgan Ultra-Short Income | 1.40% | 73,340 | $3.7M | Add +40.5% |
| WMT Walmart Inc. | 1.22% | 35,682 | $3.2M | Add +10.5% |
| IHI iShares U.S. Medical Devices | 1.08% | 49,011 | $2.9M | Add +14.3% |
| VGT Vanguard Info Tech ETF | 1.05% | 4,466 | $2.8M | Add +1.6% |
| JNJ Johnson & Johnson | 1.05% | 19,085 | $2.8M | Reduce -9.4% |
| V Visa Inc. Class A | 0.99% | 8,218 | $2.6M | Add +0.3% |
| VFH Vanguard Financials ETF | 0.94% | 21,057 | $2.5M | Add +4.1% |
| XOM Exxon Mobil Corp. | 0.87% | 21,333 | $2.3M | Add +11.0% |
| JPM JPMorgan Chase & Co. | 0.85% | 9,316 | $2.2M | Add +2.0% |
| BND Vanguard Total Bond Market | 0.84% | 30,852 | $2.2M | Reduce -2.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.74% | 4,572 | $1.9M | Add +0.0% |
| VDE Vanguard Energy ETF | 0.74% | 15,994 | $1.9M | Add +15.5% |
| VDC Vanguard Consumer Staple ETF | 0.68% | 8,486 | $1.8M | Reduce -0.9% |
| SCHB Schwab US Broad Market ETF | 0.66% | 76,384 | $1.7M | Reduce -0.9% |
| NVDA Nvidia Corp. | 0.64% | 12,555 | $1.7M | Add +10.2% |
| QDF NT Qual Div ETF | 0.63% | 23,503 | $1.7M | Add +0.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.60% | 4,572 | $1.6M | Add +1.5% |
| FTSM First Trust Enh Short Mat FD | 0.59% | 26,233 | $1.6M | Reduce -4.0% |
| SCHG Schwab US Large-Cap Growth | 0.58% | 55,143 | $1.5M | Add +2.6% |
| LMT Lockheed Martin Corp. | 0.54% | 2,926 | $1.4M | Add +0.5% |
| VPU Vanguard Utilities ETF | 0.51% | 8,289 | $1.4M | Add +13.6% |
| WELL Welltower Inc. | 0.51% | 10,687 | $1.3M | Reduce -2.3% |
| LLY Eli Lilly & Co. | 0.50% | 1,695 | $1.3M | Reduce -2.4% |
| VCR Vanguard Consumer Discre ETF | 0.46% | 3,243 | $1.2M | Add +16.4% |
| MO Altria Group Inc. | 0.45% | 22,464 | $1.2M | Add +2.8% |
| CAT Caterpillar Inc. | 0.42% | 3,024 | $1.1M | Reduce -1.9% |
| VT Vanguard Tot World STK ETF | 0.39% | 8,652 | $1.0M | Add +25.6% |
| IXUS iShares Core Intl Stock ETF | 0.32% | 12,730 | $842K | Add +24.4% |
| VIS Vanguard Industrials ETF | 0.31% | 3,231 | $822K | Add +1.3% |
| CVX Chevron Corp. | 0.31% | 5,556 | $805K | Reduce -4.0% |
| VYM Vanguard High DVD Yield ETF | 0.31% | 6,306 | $805K | Reduce -0.3% |
| T AT&T Inc. | 0.29% | 33,432 | $761K | Reduce -0.4% |
| ABBV Abbvie Inc. | 0.28% | 4,130 | $734K | Add +0.1% |
| VZ Verizon Communications Inc. | 0.28% | 18,271 | $731K | Add +3.1% |
| VCLT Vanguard Long-Term Corp. Bond | 0.28% | 9,756 | $730K | Add +57.2% |
| VAW Vanguard Materials ETF | 0.27% | 3,725 | $700K | No change |
| ET Energy Transfer LP | 0.26% | 35,615 | $698K | Add +43.1% |
| SPLV Invesco S&P 500 Low Volatili | 0.26% | 9,956 | $697K | Reduce -0.0% |
| KO The Coca-Cola Co. | 0.25% | 10,638 | $662K | Add +0.5% |
| MCD McDonald's Corp. | 0.25% | 2,275 | $660K | Add +0.4% |
| META Meta Platforms Inc. Class A | 0.25% | 1,118 | $654K | Add +3.7% |
| SCHV Schwab US Large-Cap Value | 0.25% | 24,947 | $650K | Reduce -2.0% |
| SCHP Schwab U.S. Tips ETF | 0.22% | 22,207 | $574K | Add +79.3% |
| XLP SS Consumer Staples Sel Sect | 0.22% | 7,251 | $570K | No change |
| HDV iShares Core High Dividend E | 0.21% | 5,032 | $565K | Reduce -3.0% |
| DUK Duke Energy Corp. | 0.21% | 5,136 | $553K | Add +0.2% |
| IYH iShares U.S. Healthcare ETF | 0.21% | 9,484 | $553K | Add +0.0% |
| VGIT Vanguard Intermediate-Term T | 0.20% | 9,123 | $529K | Add +32.2% |
| PM Philip Morris International | 0.20% | 4,314 | $519K | Add +2.3% |
| TT Trane Technologies PLC | 0.19% | 1,355 | $500K | Reduce -0.1% |
| SCHD Schwab US DVD Equity ETF | 0.18% | 17,741 | $485K | Reduce -44.1% |
| COST Costco Wholesale Corp. | 0.18% | 525 | $481K | Reduce -4.2% |
| IJR iShares Core S&P Small-Cap E | 0.18% | 4,117 | $474K | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.18% | 2,119 | $466K | Add +17.3% |
| SCHA Schwab US Small-Cap ETF | 0.17% | 17,300 | $447K | Add +6.1% |
| XLK SS Technology Select Sector | 0.17% | 1,918 | $446K | Reduce -15.6% |
| SCHX Schwab US Large-Cap ETF | 0.17% | 18,771 | $435K | Add +2.1% |
| CHI Calamos Convert Opport & Inc. | 0.16% | 35,661 | $426K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.16% | 724 | $425K | Reduce -0.4% |
| GD General Dynamics Corp. | 0.16% | 1,568 | $413K | Reduce -11.6% |
| BLK BlackRock Inc. | 0.15% | 388 | $397K | New |
| IVE iShares S&P 500 Value ETF | 0.15% | 2,034 | $388K | Add +1.7% |
| BX Blackstone Inc. | 0.15% | 2,223 | $383K | No change |
| UNH Unitedhealth Group Inc. | 0.14% | 751 | $380K | No change |
| FIS Fidelity National Info Serv | 0.14% | 4,653 | $376K | No change |
| CCI Crown Castle Inc. | 0.14% | 4,130 | $375K | Reduce -1.3% |
| TSLA Tesla Inc. | 0.14% | 915 | $370K | No change |
| XLY SS Consumer Disc Select Sect | 0.14% | 1,641 | $368K | No change |
| SCHW Schwab (charles) Corp. | 0.14% | 4,962 | $367K | Reduce -7.0% |
| PWR Quanta Services Inc. | 0.14% | 1,152 | $364K | No change |
| IJH iShares Core S&P Midcap ETF | 0.14% | 5,824 | $363K | Add +0.1% |
| FTSL First Trust Senior Loan ETF | 0.14% | 7,833 | $362K | Add +12.1% |
| UPS United Parcel Service Class B | 0.13% | 2,815 | $355K | Reduce -1.9% |
| AEP American Electric Power | 0.13% | 3,838 | $354K | Add +0.1% |
| OKE Oneok Inc. | 0.13% | 3,419 | $343K | Add +0.8% |
| AVGO Broadcom Inc. | 0.13% | 1,449 | $336K | Add +1.1% |
| PEP Pepsico Inc. | 0.13% | 2,177 | $331K | Reduce -1.7% |
| ENB Enbridge Inc. | 0.13% | 7,774 | $330K | Add +2.6% |
| AMGN Amgen Inc. | 0.12% | 1,242 | $324K | Add +0.2% |
| GOOG Alphabet Inc. Class C | 0.12% | 1,631 | $311K | Add +0.1% |
Portfolio Sells Q3 2024 → Q4 2024
| VHT Vanguard Health Care ETF | Reduce -1.2% | 2.17% | −0.37 |
| JNJ Johnson & Johnson | Reduce -9.4% | 1.05% | −0.30 |
| SCHD Schwab US DVD Equity ETF | Reduce -44.1% | 0.18% | −0.17 |
| IVV iShares Core S&P 500 ETF | Reduce -0.3% | 6.97% | −0.16 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 1.84% | −0.14 |
| MGV Vngrd Mrgstr MG CP VL ETF-Ui | Reduce -1.7% | 1.41% | −0.12 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.12 |
| LLY Eli Lilly & Co. | Reduce -2.4% | 0.50% | −0.11 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.11 |
| BND Vanguard Total Bond Market | Reduce -2.9% | 0.84% | −0.10 |
| CI The Cigna Group | Sold out | 0.00% | −0.10 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.09 |
| XLI SS Industrial Select Sector | Sold out | 0.00% | −0.09 |
| MMM 3M Co. | Sold out | 0.00% | −0.09 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.08 |
| SLQD iShares 0-5 YR Inv GRD Corp. | Sold out | 0.00% | −0.08 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.08 |
| INTC Intel Corp. | Sold out | 0.00% | −0.08 |
| VNQ Vanguard Real Estate ETF | Sold out | 0.00% | −0.08 |
| CAT Caterpillar Inc. | Reduce -1.9% | 0.42% | −0.06 |
| VDC Vanguard Consumer Staple ETF | Reduce -0.9% | 0.68% | −0.06 |
| GD General Dynamics Corp. | Reduce -11.6% | 0.16% | −0.05 |
| CCI Crown Castle Inc. | Reduce -1.3% | 0.14% | −0.05 |
| FTSM First Trust Enh Short Mat FD | Reduce -4.0% | 0.59% | −0.05 |
| WELL Welltower Inc. | Reduce -2.3% | 0.51% | −0.04 |
| XLK SS Technology Select Sector | Reduce -15.6% | 0.17% | −0.03 |
| CVX Chevron Corp. | Reduce -4.0% | 0.31% | −0.03 |
| PFE Pfizer Inc. | Reduce -13.9% | 0.10% | −0.03 |
| HDV iShares Core High Dividend E | Reduce -3.0% | 0.21% | −0.03 |
| PEP Pepsico Inc. | Reduce -1.7% | 0.13% | −0.02 |
| SCHV Schwab US Large-Cap Value | Reduce -2.0% | 0.25% | −0.02 |
| UPS United Parcel Service Class B | Reduce -1.9% | 0.13% | −0.02 |
| TT Trane Technologies PLC | Reduce -0.1% | 0.19% | −0.02 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -0.0% | 0.26% | −0.02 |
| SCHB Schwab US Broad Market ETF | Reduce -0.9% | 0.66% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.3% | 0.31% | −0.01 |
| SO The Southern Co. | Reduce -0.3% | 0.09% | −0.01 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -8.8% | 0.08% | −0.01 |
| WM Waste Management Inc. | Reduce -3.9% | 0.08% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -4.2% | 0.18% | −0.01 |
| ABT Abbott Laboratories | Reduce -1.6% | 0.09% | −0.01 |
| PAYX Paychex Inc. | Reduce -4.3% | 0.12% | −0.00 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.4% | 0.16% | −0.00 |
| CSCO Cisco Systems Inc. | Reduce -9.8% | 0.08% | −0.00 |
| T AT&T Inc. | Reduce -0.4% | 0.29% | −0.00 |
| VOX Vanguard Communication Servi | Reduce -1.8% | 0.09% | +0.00 |
| BAC Bank of America Corp. | Reduce -4.3% | 0.08% | +0.00 |
| SCHW Schwab (charles) Corp. | Reduce -7.0% | 0.14% | +0.00 |
| AAPL Apple Inc. | Reduce -0.5% | 3.95% | +0.11 |
Portfolio Buys Q3 2024 → Q4 2024
| VUG Vanguard Mrngstar GR ETF-Sui | Add +8.8% | 8.68% | +0.91 |
| VCIT Vanguard Int-Term Corporate | Add +63.7% | 1.50% | +0.50 |
| JPST JPMorgan Ultra-Short Income | Add +40.5% | 1.40% | +0.36 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +17.5% | 2.12% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +3.8% | 1.63% | +0.20 |
| WMT Walmart Inc. | Add +10.5% | 1.22% | +0.19 |
| AMZN Amazon.com Inc. | Add +2.1% | 1.43% | +0.19 |
| BLK BlackRock Inc. | New | 0.15% | +0.15 |
| ET Energy Transfer LP | Add +43.1% | 0.26% | +0.11 |
| V Visa Inc. Class A | Add +0.3% | 0.99% | +0.10 |
| NVDA Nvidia Corp. | Add +10.2% | 0.64% | +0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +5.2% | 4.00% | +0.09 |
| VCR Vanguard Consumer Discre ETF | Add +16.4% | 0.46% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 0.85% | +0.09 |
| HD Home Depot Inc. | New | 0.09% | +0.09 |
| SCHP Schwab U.S. Tips ETF | Add +79.3% | 0.22% | +0.09 |
| IHI iShares U.S. Medical Devices | Add +14.3% | 1.08% | +0.08 |
| VCLT Vanguard Long-Term Corp. Bond | Add +57.2% | 0.28% | +0.08 |
| VDE Vanguard Energy ETF | Add +15.5% | 0.74% | +0.07 |
| VFH Vanguard Financials ETF | Add +4.1% | 0.94% | +0.07 |
| VT Vanguard Tot World STK ETF | Add +25.6% | 0.39% | +0.06 |
| VGIT Vanguard Intermediate-Term T | Add +32.2% | 0.20% | +0.04 |
| VGT Vanguard Info Tech ETF | Add +1.6% | 1.05% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.7% | 2.39% | +0.03 |
| SCHG Schwab US Large-Cap Growth | Add +2.6% | 0.58% | +0.03 |
| AVGO Broadcom Inc. | Add +1.1% | 0.13% | +0.03 |
| VTI VG Morningstar TS MKT ETF-US | Add +3.0% | 2.02% | +0.03 |
| IXUS iShares Core Intl Stock ETF | Add +24.4% | 0.32% | +0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.7% | 3.77% | +0.03 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Add +1.5% | 0.60% | +0.02 |
| IBM Intl Business Machines Corp. | Add +17.3% | 0.18% | +0.02 |
| CRM Salesforce Inc. | Add +0.8% | 0.11% | +0.02 |
| VPU Vanguard Utilities ETF | Add +13.6% | 0.51% | +0.01 |
| FTSL First Trust Senior Loan ETF | Add +12.1% | 0.14% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +0.1% | 0.12% | +0.01 |
| C Citigroup Inc. | Add +0.1% | 0.12% | +0.01 |
| OKE Oneok Inc. | Add +0.8% | 0.13% | +0.01 |
| MO Altria Group Inc. | Add +2.8% | 0.45% | +0.01 |
| META Meta Platforms Inc. Class A | Add +3.7% | 0.25% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Add +6.1% | 0.17% | +0.00 |
| TMC TMC the Metals Co. Inc. | Add +59.7% | 0.01% | +0.00 |
| ENB Enbridge Inc. | Add +2.6% | 0.13% | +0.00 |
| IWC iShares Micro-Cap ETF | Add +2.0% | 0.09% | +0.00 |
| IYW iShares Ustechnology ETF | Add +1.8% | 0.10% | +0.00 |
| LOW Lowe's Cos Inc. | Add +17.4% | 0.09% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +2.1% | 0.17% | +0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +3.8% | 0.08% | −0.00 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Add +1.1% | 3.29% | −0.00 |
| F Ford Motor Co. | Add +5.1% | 0.04% | −0.00 |
| MUB iShares National Muni Bond E | Add +2.2% | 0.11% | −0.00 |