Gray Wealth Management Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 23, 2024), Gray Wealth Management Inc. reported 141 stock positions worth $253.3 million. Its top holding was Vanguard Dividend Apprec ETF (VIG) at 11.1% of the portfolio, followed by Vanguard Mrngstar GR ETF-Sui (VUG, 7.8%) and iShares Core S&P 500 ETF (IVV, 7.1%). Compared with Q2 2024, it opened 11 new positions, sold out of 3, added to 74 and reduced 36. The biggest buy was Vanguard Int-Term Corporate (VCIT, shares +38%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −1%).

Most Recent 13F
Q4 2024
Location
Bangor, ME
CIK
0001958397
Portfolio Value
$253.3M (Q3 2024)
SEC Filing
0001172661-24-004327 ↗ filed Oct 23, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $224.0M Q1 2024 Q2 2024: $231.8M Q2 2024 Q3 2024: $253.3M $253.3M Q3 2024 Q4 2024: $263.6M Q4 2024

Holdings 141 stocks · $253.3M
VIG Vanguard Dividend Apprec ETF 11.07% 141,563 $28.0M Add +1.7%
VUG Vanguard Mrngstar GR ETF-Sui 7.77% 51,245 $19.7M Add +4.3%
IVV iShares Core S&P 500 ETF 7.13% 31,323 $18.1M Reduce -0.6%
VB Vanguard Most SM-Cap ETF-Usd 3.91% 41,698 $9.9M Add +3.5%
AAPL Apple Inc. 3.84% 41,763 $9.7M Add +1.1%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.75% 35,985 $9.5M Add +2.7%
MGC Vngrd Mrngstr MG Cap ETF-Usd 3.29% 40,356 $8.3M Add +1.9%
VTV Vanguard Mrngstr Val ETF-Aui 3.27% 47,509 $8.3M Reduce -0.2%
MSFT Microsoft Corp. 2.72% 16,035 $6.9M Add +1.5%
VHT Vanguard Health Care ETF 2.54% 22,826 $6.4M Add +3.3%
QQQ Invesco QQQ Trust Series 1 2.36% 12,224 $6.0M Add +0.4%
VTI VG Morningstar TS MKT ETF-US 2.00% 17,854 $5.1M Add +3.6%
PG The Procter & Gamble Co. 1.98% 28,985 $5.0M Reduce -0.4%
VCSH Vanguard S/T Corp. Bond ETF 1.91% 60,877 $4.8M Add +7.0%
TIP iShares Tips Bond ETF 1.80% 41,327 $4.6M Add +1.5%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.53% 30,285 $3.9M Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B 1.47% 8,090 $3.7M Add +3.7%
GOOGL Alphabet Inc. Class A 1.43% 21,903 $3.6M Add +3.7%
JNJ Johnson & Johnson 1.35% 21,058 $3.4M Reduce -3.9%
AMZN Amazon.com Inc. 1.24% 16,859 $3.1M Add +1.2%
JPST JPMorgan Ultra-Short Income 1.05% 52,191 $2.6M Add +35.5%
WMT Walmart Inc. 1.03% 32,300 $2.6M Add +18.5%
VGT Vanguard Info Tech ETF 1.02% 4,396 $2.6M Add +4.6%
IHI iShares U.S. Medical Devices 1.00% 42,867 $2.5M Add +1.1%
VCIT Vanguard Int-Term Corporate 0.99% 30,067 $2.5M Add +38.3%
BND Vanguard Total Bond Market 0.94% 31,756 $2.4M Add +7.3%
XOM Exxon Mobil Corp. 0.89% 19,213 $2.3M Add +4.8%
V Visa Inc. Class A 0.89% 8,191 $2.3M Reduce -3.4%
VFH Vanguard Financials ETF 0.88% 20,223 $2.2M Reduce -0.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.76% 4,570 $1.9M Reduce -0.5%
JPM JPMorgan Chase & Co. 0.76% 9,130 $1.9M Add +22.5%
VDC Vanguard Consumer Staple ETF 0.74% 8,564 $1.9M Add +6.8%
SCHB Schwab US Broad Market ETF 0.67% 25,689 $1.7M Reduce -3.1%
LMT Lockheed Martin Corp. 0.67% 2,913 $1.7M Reduce -4.6%
VDE Vanguard Energy ETF 0.67% 13,843 $1.7M Add +4.6%
QDF NT Qual Div ETF 0.66% 23,345 $1.7M Add +0.3%
FTSM First Trust Enh Short Mat FD 0.65% 27,330 $1.6M Reduce -2.5%
LLY Eli Lilly & Co. 0.61% 1,737 $1.5M Add +0.5%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.57% 4,505 $1.5M Reduce -1.6%
SCHG Schwab US Large-Cap Growth 0.55% 13,441 $1.4M Reduce -2.2%
WELL Welltower Inc. 0.55% 10,935 $1.4M Add +0.2%
NVDA Nvidia Corp. 0.55% 11,398 $1.4M Add +23.1%
VPU Vanguard Utilities ETF 0.50% 7,294 $1.3M Add +20.6%
CAT Caterpillar Inc. 0.48% 3,081 $1.2M No change
MO Altria Group Inc. 0.44% 21,857 $1.1M Add +5.9%
VCR Vanguard Consumer Discre ETF 0.37% 2,787 $949K Reduce -5.2%
SCHD Schwab US DVD Equity ETF 0.35% 10,579 $894K Reduce -1.0%
CVX Chevron Corp. 0.34% 5,789 $853K Add +5.3%
VIS Vanguard Industrials ETF 0.33% 3,191 $830K Reduce -1.9%
VT Vanguard Tot World STK ETF 0.33% 6,886 $824K Reduce -1.1%
ABBV Abbvie Inc. 0.32% 4,126 $815K Add +3.7%
VYM Vanguard High DVD Yield ETF 0.32% 6,328 $811K Add +0.1%
VZ Verizon Communications Inc. 0.31% 17,714 $796K Add +2.1%
VAW Vanguard Materials ETF 0.31% 3,725 $788K Reduce -1.3%
KO The Coca-Cola Co. 0.30% 10,589 $761K Add +0.2%
IXUS iShares Core Intl Stock ETF 0.29% 10,235 $743K Add +37.8%
T AT&T Inc. 0.29% 33,575 $739K Reduce -4.3%
SPLV Invesco S&P 500 Low Volatili 0.28% 9,957 $714K No change
MCD McDonald's Corp. 0.27% 2,265 $690K Reduce -5.5%
SCHV Schwab US Large-Cap Value 0.27% 8,483 $682K Reduce -1.6%
META Meta Platforms Inc. Class A 0.24% 1,078 $617K Add +12.6%
IYH iShares U.S. Healthcare ETF 0.24% 9,481 $616K Add +0.0%
HDV iShares Core High Dividend E 0.24% 5,185 $610K No change
XLP SS Consumer Staples Sel Sect 0.24% 7,251 $602K Add +9.6%
DUK Duke Energy Corp. 0.23% 5,127 $591K Add +1.2%
GD General Dynamics Corp. 0.21% 1,773 $536K No change
TT Trane Technologies PLC 0.21% 1,357 $528K Add +0.1%
XLK SS Technology Select Sector 0.20% 2,272 $513K No change
PM Philip Morris International 0.20% 4,219 $512K Add +1.5%
VCLT Vanguard Long-Term Corp. Bond 0.20% 6,207 $504K Add +8.2%
CCI Crown Castle Inc. 0.20% 4,186 $497K Reduce -8.2%
COST Costco Wholesale Corp. 0.19% 548 $486K Reduce -0.5%
IJR iShares Core S&P Small-Cap E 0.19% 4,114 $481K Add +0.1%
UNH Unitedhealth Group Inc. 0.17% 751 $439K Add +1.5%
SCHA Schwab US Small-Cap ETF 0.17% 8,150 $420K Add +4.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.16% 727 $417K Add +27.5%
VGIT Vanguard Intermediate-Term T 0.16% 6,900 $417K Add +8.1%
SCHX Schwab US Large-Cap ETF 0.16% 6,128 $416K Reduce -3.2%
CHI Calamos Convert Opport & Inc. 0.16% 35,661 $415K Add +30.6%
AMGN Amgen Inc. 0.16% 1,240 $400K Add +0.2%
ET Energy Transfer LP 0.16% 24,887 $399K Add +10.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 1,806 $399K Add +0.5%
IVE iShares S&P 500 Value ETF 0.16% 2,000 $394K No change
AEP American Electric Power 0.16% 3,833 $393K Add +0.1%
UPS United Parcel Service Class B 0.15% 2,869 $391K Add +5.5%
FIS Fidelity National Info Serv 0.15% 4,653 $390K No change
PEP Pepsico Inc. 0.15% 2,215 $377K No change
IJH iShares Core S&P Midcap ETF 0.14% 5,821 $363K Add +0.0%
SCHW Schwab (charles) Corp. 0.14% 5,337 $346K No change
PWR Quanta Services Inc. 0.14% 1,152 $343K Add +0.3%
BX Blackstone Inc. 0.13% 2,223 $340K No change
SCHP Schwab U.S. Tips ETF 0.13% 6,192 $332K Add +27.8%
XLY SS Consumer Disc Select Sect 0.13% 1,641 $329K No change
FTSL First Trust Senior Loan ETF 0.13% 6,987 $321K No change
PFE Pfizer Inc. 0.13% 10,992 $318K Add +4.0%
IDXX Idexx Laboratories Inc. 0.12% 617 $312K Reduce -0.6%
RTX RTX Corp. 0.12% 2,560 $310K Reduce -8.1%
OKE Oneok Inc. 0.12% 3,393 $309K Add +1.2%
PAYX Paychex Inc. 0.12% 2,294 $308K Add +13.3%
ENB Enbridge Inc. 0.12% 7,574 $308K Add +2.6%
AMD Advanced Micro Devices 0.12% 1,840 $302K Add +3.5%
AGG iShares Core U.S. Aggregate 0.12% 2,931 $297K No change
MUB iShares National Muni Bond E 0.11% 2,558 $278K Reduce -2.7%
GOOG Alphabet Inc. Class C 0.11% 1,630 $273K Add +0.4%
C Citigroup Inc. 0.11% 4,325 $271K Add +0.1%
SO The Southern Co. 0.11% 2,996 $270K Add +0.5%
MRK Merck & Co. Inc. 0.11% 2,349 $267K Add +0.1%
IYK iShares US Consumer Staples 0.10% 3,723 $263K Reduce -2.3%
IYW iShares Ustechnology ETF 0.10% 1,702 $258K Add +0.1%
IYY iShares Dow Jones U.S. ETF 0.10% 1,841 $257K No change
ABT Abbott Laboratories 0.10% 2,238 $255K Reduce -6.0%
PODD Insulet Corp. 0.10% 1,090 $254K Reduce -0.4%
AVGO Broadcom Inc. 0.10% 1,434 $247K New
CI The Cigna Group 0.10% 699 $242K Add +1.3%
SCHM Schwab US Mid Cap ETF 0.09% 2,890 $240K No change
IR Ingersoll-Rand Inc. 0.09% 2,444 $240K No change
TSLA Tesla Inc. 0.09% 915 $239K New
WM Waste Management Inc. 0.09% 1,148 $238K No change
UNP Union Pacific Corp. 0.09% 951 $234K No change
DES Wisdomtree US Smallcap Divid 0.09% 6,796 $234K Reduce -10.6%
VOX Vanguard Communication Servi 0.09% 1,593 $232K No change
XLI SS Industrial Select Sector 0.09% 1,704 $231K Add +0.1%
CRM Salesforce Inc. 0.09% 840 $230K Reduce -1.6%
VEU Vanguard Ftse All-World Ex-U 0.09% 3,632 $229K Add +0.0%
VXUS Vanguard Total Intl Stock 0.09% 3,513 $227K New
IWC iShares Micro-Cap ETF 0.09% 1,831 $226K Reduce -0.1%
SHY iShares 1-3 Year Treasury Bo 0.09% 2,686 $223K No change
MMM 3M Co. 0.09% 1,599 $219K New
COP Conocophillips 0.09% 2,067 $218K Add +0.1%
LOW Lowe's Cos Inc. 0.09% 797 $216K New
AMAT Applied Materials Inc. 0.08% 1,057 $214K Add +0.8%
CSCO Cisco Systems Inc. 0.08% 3,946 $210K New
FDX FedEx Corp. 0.08% 760 $208K Reduce -0.1%
SLQD iShares 0-5 YR Inv GRD Corp. 0.08% 4,113 $207K Reduce -2.5%
VLO Valero Energy Corp. 0.08% 1,513 $204K Reduce -2.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.08% 5,076 $201K New
INTC Intel Corp. 0.08% 8,560 $201K Reduce -11.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.08% 999 $201K New
VNQ Vanguard Real Estate ETF 0.08% 2,058 $200K New
F Ford Motor Co. filed as FORD MTR CO 0.04% 10,154 $107K New
TMC TMC the Metals Co. Inc. 0.01% 14,837 $16K New

Portfolio Sells Q2 2024 → Q3 2024
IVV iShares Core S&P 500 ETF Reduce -0.6% 7.13% −0.31
BLK BlackRock Finance Inc. Sold out 0.00% −0.18
BA The Boeing Co. Sold out 0.00% −0.13
PG The Procter & Gamble Co. Reduce -0.4% 1.98% −0.09
QTEC First Trust Nasdq 100 Tech I Sold out 0.00% −0.09
FTSM First Trust Enh Short Mat FD Reduce -2.5% 0.65% −0.07
V Visa Inc. Class A Reduce -3.4% 0.89% −0.07
INTC Intel Corp. Reduce -11.4% 0.08% −0.05
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -1.6% 0.57% −0.05
SCHG Schwab US Large-Cap Growth Reduce -2.2% 0.55% −0.04
SCHB Schwab US Broad Market ETF Reduce -3.1% 0.67% −0.04
JNJ Johnson & Johnson Reduce -3.9% 1.35% −0.03
VLO Valero Energy Corp. Reduce -2.6% 0.08% −0.02
VCR Vanguard Consumer Discre ETF Reduce -5.2% 0.37% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Reduce -0.2% 3.27% −0.02
FDX FedEx Corp. Reduce -0.1% 0.08% −0.02
VT Vanguard Tot World STK ETF Reduce -1.1% 0.33% −0.01
DIA SS SPDR Dow Jones Indus Avg Reduce -0.5% 0.76% −0.01
SCHX Schwab US Large-Cap ETF Reduce -3.2% 0.16% −0.01
MUB iShares National Muni Bond E Reduce -2.7% 0.11% −0.01
COST Costco Wholesale Corp. Reduce -0.5% 0.19% −0.01
DES Wisdomtree US Smallcap Divid Reduce -10.6% 0.09% −0.01
SLQD iShares 0-5 YR Inv GRD Corp. Reduce -2.5% 0.08% −0.01
IDXX Idexx Laboratories Inc. Reduce -0.6% 0.12% −0.01
SCHV Schwab US Large-Cap Value Reduce -1.6% 0.27% −0.01
ABT Abbott Laboratories Reduce -6.0% 0.10% −0.01
SCHD Schwab US DVD Equity ETF Reduce -1.0% 0.35% −0.01
IYK iShares US Consumer Staples Reduce -2.3% 0.10% −0.00
CRM Salesforce Inc. Reduce -1.6% 0.09% −0.00
VAW Vanguard Materials ETF Reduce -1.3% 0.31% −0.00
VIS Vanguard Industrials ETF Reduce -1.9% 0.33% −0.00
IWC iShares Micro-Cap ETF Reduce -0.1% 0.09% −0.00
RTX RTX Corp. Reduce -8.1% 0.12% +0.00
T AT&T Inc. Reduce -4.3% 0.29% +0.00
CCI Crown Castle Inc. Reduce -8.2% 0.20% +0.00
PODD Insulet Corp. Reduce -0.4% 0.10% +0.00
VFH Vanguard Financials ETF Reduce -0.1% 0.88% +0.01
MCD McDonald's Corp. Reduce -5.5% 0.27% +0.01
LMT Lockheed Martin Corp. Reduce -4.6% 0.67% +0.06

Portfolio Buys Q2 2024 → Q3 2024
VCIT Vanguard Int-Term Corporate Add +38.3% 0.99% +0.24
WMT Walmart Inc. Add +18.5% 1.03% +0.23
JPST JPMorgan Ultra-Short Income Add +35.5% 1.05% +0.21
VB Vanguard Most SM-Cap ETF-Usd Add +3.5% 3.91% +0.12
VPU Vanguard Utilities ETF Add +20.6% 0.50% +0.12
JPM JPMorgan Chase & Co. Add +22.5% 0.76% +0.11
VIG Vanguard Dividend Apprec ETF Add +1.7% 11.07% +0.11
BRK.B Berkshire Hathaway Inc. Class B Add +3.7% 1.47% +0.10
AVGO Broadcom Inc. New 0.10% +0.10
TSLA Tesla Inc. New 0.09% +0.09
VXUS Vanguard Total Intl Stock New 0.09% +0.09
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +2.7% 3.75% +0.09
AAPL Apple Inc. Add +1.1% 3.84% +0.09
MMM 3M Co. New 0.09% +0.09
LOW Lowe's Cos Inc. New 0.09% +0.09
CSCO Cisco Systems Inc. New 0.08% +0.08
BAC Bank of America Corp. New 0.08% +0.08
VNQ Vanguard Real Estate ETF New 0.08% +0.08
VBR Vngrd Mrngst SL-CP Val ETF-U New 0.08% +0.08
IXUS iShares Core Intl Stock ETF Add +37.8% 0.29% +0.08
WELL Welltower Inc. Add +0.2% 0.55% +0.06
NVDA Nvidia Corp. Add +23.1% 0.55% +0.05
F Ford Motor Co. New 0.04% +0.04
VDC Vanguard Consumer Staple ETF Add +6.8% 0.74% +0.04
META Meta Platforms Inc. Class A Add +12.6% 0.24% +0.04
MO Altria Group Inc. Add +5.9% 0.44% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +27.5% 0.16% +0.03
ABBV Abbvie Inc. Add +3.7% 0.32% +0.03
CHI Calamos Convert Opport & Inc. Add +30.6% 0.16% +0.03
IBM Intl Business Machines Corp. Add +0.5% 0.16% +0.02
SCHP Schwab U.S. Tips ETF Add +27.8% 0.13% +0.02
BND Vanguard Total Bond Market Add +7.3% 0.94% +0.02
PM Philip Morris International Add +1.5% 0.20% +0.02
XLP SS Consumer Staples Sel Sect Add +9.6% 0.24% +0.02
PAYX Paychex Inc. Add +13.3% 0.12% +0.02
TT Trane Technologies PLC Add +0.1% 0.21% +0.02
DUK Duke Energy Corp. Add +1.2% 0.23% +0.01
VCSH Vanguard S/T Corp. Bond ETF Add +7.0% 1.91% +0.01
VCLT Vanguard Long-Term Corp. Bond Add +8.2% 0.20% +0.01
UNH Unitedhealth Group Inc. Add +1.5% 0.17% +0.01
AEP American Electric Power Add +0.1% 0.16% +0.01
KO The Coca-Cola Co. Add +0.2% 0.30% +0.01
PWR Quanta Services Inc. Add +0.3% 0.14% +0.01
ENB Enbridge Inc. Add +2.6% 0.12% +0.01
VTI VG Morningstar TS MKT ETF-US Add +3.6% 2.00% +0.01
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +1.4% 1.53% +0.01
SO The Southern Co. Add +0.5% 0.11% +0.01
VHT Vanguard Health Care ETF Add +3.3% 2.54% +0.01
TMC TMC the Metals Co. Inc. New 0.01% +0.01
SCHA Schwab US Small-Cap ETF Add +4.2% 0.17% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2024 132$263.6MVIG, VUG, IVV, VB, AAPL
Q3 2024 141$253.3MVIG, VUG, IVV, VB, AAPL
Q2 2024 133$231.8MVIG, VUG, IVV, VB, AAPL
Q1 2024 136$224.0MVIG, IVV, VUG, VB, VO