Melfa Wealth Management, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 17, 2025), Melfa Wealth Management, Inc. reported 202 stock positions worth $149.5 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 7.4% of the portfolio, followed by Apple (AAPL, 4.1%) and Franklin Muncipl Opps Tst-Ui (PMO, 3.3%). Compared with Q3 2024, it opened 4 new positions, sold out of 2, added to 55 and reduced 40. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +128%) and the biggest sale an exit from DWS Strategic Municipal (KSM).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001962465
- Portfolio Value
- $149.5M (Q4 2024)
- SEC Filing
- 0001951757-25-000064 ↗ filed Jan 17, 2025
Holdings Value
Holdings 202 stocks · $149.5M
| DFAC Dimensional US Core Equity 2 | 7.38% | 318,939 | $11.0M | Add +0.1% |
| AAPL Apple Inc. | 4.09% | 24,446 | $6.1M | Add +3.1% |
| PMO Franklin Muncipl Opps Tst-Ui | 3.26% | 480,850 | $4.9M | No change |
| BKT BlackRock Income Trust | 2.86% | 371,588 | $4.3M | Reduce -0.8% |
| EVN Eaton Vance Muni Inc. TR | 2.80% | 413,838 | $4.2M | Add +0.0% |
| DFSV Dimensional US Small Cap Val | 1.99% | 96,887 | $3.0M | Add +24.2% |
| DFAU Dimensional US Core Equity M | 1.98% | 73,156 | $3.0M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 1.94% | 4,933 | $2.9M | Reduce -1.3% |
| MYI BlackRock Muniyield QLTY III | 1.78% | 240,806 | $2.7M | Add +0.0% |
| DFUV Dimensional US Marketwide Va | 1.75% | 63,920 | $2.6M | Reduce -0.0% |
| VTI VG Morningstar TS MKT ETF-US | 1.73% | 8,922 | $2.6M | Add +128.4% |
| META Meta Platforms Inc. Class A | 1.64% | 4,182 | $2.4M | No change |
| NBH Neuberger Municipal Fund Inc. | 1.54% | 223,178 | $2.3M | No change |
| NVG Nuveen Amt-FR Muni CRDT | 1.50% | 182,573 | $2.2M | No change |
| MQY BlackRock Muniyield Quality | 1.50% | 194,132 | $2.2M | Reduce -0.8% |
| MHD BlackRock Muniholdings Fund | 1.47% | 188,432 | $2.2M | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.42% | 3,633 | $2.1M | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 1.32% | 11,818 | $2.0M | Add +0.6% |
| NVDA Nvidia Corp. | 1.21% | 13,426 | $1.8M | Reduce -0.1% |
| EIM Eaton Vance Municipal Bond | 1.15% | 166,073 | $1.7M | No change |
| DFAX Dimensional World Ex US Core | 1.13% | 67,793 | $1.7M | Reduce -0.2% |
| XOM Exxon Mobil Corp. | 1.08% | 14,961 | $1.6M | Add +1.0% |
| EOT Eaton Vance National Municip | 0.95% | 86,051 | $1.4M | Reduce -5.0% |
| KTF DWS Municipal Income Trust | 0.94% | 148,069 | $1.4M | Reduce -8.1% |
| NXP Nuveen Select Tax-Free Inc. | 0.91% | 90,037 | $1.4M | Reduce -9.8% |
| XPCQX PIMCO California Muni Inc. FD | 0.90% | 148,541 | $1.3M | No change |
| XMVFX BlackRock Munivest Fund | 0.89% | 188,658 | $1.3M | No change |
| DFAI Dimensional International Co. | 0.88% | 45,199 | $1.3M | Add +3.3% |
| FITB Fifth Third Bancorp | 0.88% | 31,200 | $1.3M | No change |
| XMUIX BlackRock Municipal Income | 0.85% | 105,304 | $1.3M | Reduce -5.6% |
| DFAT Dimensional US Target Value | 0.84% | 22,533 | $1.3M | Add +0.2% |
| RSPT Invesco S&P 500 Equal Weight | 0.78% | 31,318 | $1.2M | No change |
| C Citigroup Inc. | 0.78% | 16,495 | $1.2M | No change |
| MMU Western Asset Managed Munici | 0.74% | 109,141 | $1.1M | No change |
| BGT BlackRock Fltng RT Inc. TR | 0.74% | 86,197 | $1.1M | Reduce -9.8% |
| BFK BlackRock Municipal Inc. TRST | 0.71% | 107,650 | $1.1M | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.71% | 9,913 | $1.1M | Add +50.9% |
| MUC BlackRock Munihold Ca QLTY | 0.68% | 95,452 | $1.0M | Add +6.4% |
| MSFT Microsoft Corp. | 0.67% | 2,382 | $1.0M | Add +10.6% |
| JFR Nuveen Floating Rate Income | 0.66% | 111,326 | $993K | Reduce -5.3% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.65% | 100,177 | $979K | Add +5.1% |
| BLE BlackRock Muni Inc. TR II | 0.65% | 91,871 | $966K | No change |
| BHK BlackRock Core Bond Trust | 0.63% | 90,654 | $948K | No change |
| MUA BlackRock Muniassets Fund | 0.63% | 85,146 | $940K | Reduce -0.5% |
| GEV GE Vernova Inc. | 0.61% | 2,778 | $914K | Add +0.6% |
| FDVV Fidelity High Dividend ETF | 0.58% | 17,460 | $872K | Add +1.5% |
| XBFZX BlackRock Ca Muni Inc. TR | 0.57% | 75,876 | $850K | Add +0.0% |
| VIG Vanguard Dividend Apprec ETF | 0.56% | 4,238 | $830K | No change |
| VLT Invesco High Income Trust II | 0.55% | 75,000 | $822K | Reduce -3.9% |
| HYT BlackRock Corp. Hi YLD | 0.54% | 81,801 | $802K | Reduce -4.4% |
| JPC Nuveen Prefered & Income Opp | 0.52% | 99,767 | $784K | Reduce -1.3% |
| VKI Invesco Adv Muni Inc. TR II | 0.50% | 85,450 | $747K | No change |
| VXUS Vanguard Total Intl Stock | 0.49% | 12,405 | $731K | Reduce -0.4% |
| AVGO Broadcom Inc. | 0.48% | 3,100 | $719K | No change |
| NCA Nuveen California Muni Val | 0.46% | 81,101 | $685K | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.44% | 2,741 | $657K | Add +10.4% |
| XENWX Eaton Vance New York Municip | 0.43% | 68,133 | $649K | Add +10.6% |
| DFLV Dim US Large Cap Value ETF | 0.43% | 21,587 | $648K | Add +21.2% |
| CXH MFS Investment Grade Muni | 0.42% | 78,360 | $626K | No change |
| PFF iShares Preferred & Income S | 0.42% | 19,812 | $623K | Add +0.0% |
| NHS Neuberger High Yield Strateg | 0.41% | 81,787 | $613K | Reduce -11.3% |
| IWD iShares Russell 1000 Value E | 0.41% | 3,275 | $606K | Reduce -1.6% |
| MFM Aberdeen Municipal Income | 0.41% | 113,224 | $606K | Reduce -0.3% |
| NAC Nuveen Ca QLTY Muni Inc. | 0.40% | 53,566 | $605K | Add +13.8% |
| XBI SS SPDR S&P Biotech ETF | 0.40% | 6,645 | $598K | No change |
| DFIV Dimensional International Va | 0.39% | 16,604 | $589K | Add +2.6% |
| NMT Nuveen Ma QLTY Muni Inc. | 0.39% | 50,225 | $578K | No change |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.38% | 41,627 | $572K | Reduce -20.6% |
| PMM Franklin Managed Municipal I | 0.38% | 95,856 | $572K | No change |
| CXE MFS High Income Municipal TR | 0.37% | 150,188 | $553K | Add +13.0% |
| MIY BlackRock Muniyield Mi QLTY | 0.37% | 49,427 | $553K | No change |
| TSLA Tesla Inc. | 0.36% | 1,336 | $540K | New |
| DSU BlackRock Debt Strategies | 0.36% | 49,527 | $533K | No change |
| AGG iShares Core U.S. Aggregate | 0.34% | 5,316 | $515K | Add +9.1% |
| AFB Allianceberstein NTL Muni | 0.34% | 46,995 | $511K | Reduce -0.1% |
| IJH iShares Core S&P Midcap ETF | 0.34% | 8,149 | $508K | Add +1.6% |
| IJR iShares Core S&P Small-Cap E | 0.34% | 4,395 | $506K | Add +1.9% |
| HIX Western Asset High Inc. II | 0.33% | 118,946 | $501K | Add +40.9% |
| GOOGL Alphabet Inc. Class A | 0.33% | 2,615 | $495K | No change |
| XMVTX BlackRock Munivest Fund II | 0.33% | 46,585 | $491K | Reduce -0.4% |
| RSP Invesco S&P 500 Equal Weight | 0.33% | 2,785 | $488K | Add +6.6% |
| MUJ BlackRock Munihold NJ QLTY | 0.32% | 43,614 | $483K | Reduce -10.3% |
| NUW Nuveen Amt-Free Muni Val | 0.32% | 34,992 | $475K | Add +0.0% |
| XPMAX Pioneer Municipal High Inc. | 0.31% | 54,956 | $463K | No change |
| OIA Invesco Municipal Income Opp | 0.30% | 75,679 | $447K | No change |
| XPNFX PIMCO New York Muni Inc. FD | 0.30% | 59,999 | $446K | No change |
| NAD Nuveen Quality Municipal Inc. | 0.30% | 37,856 | $441K | No change |
| PNI PIMCO NY Muni Inc. II FND | 0.29% | 61,598 | $441K | Add +1.2% |
| XCMUX MFS High Yield Municipal TR | 0.29% | 123,689 | $435K | Add +0.1% |
| NMCO Nuveen Municipal Credit Opp | 0.29% | 40,850 | $433K | No change |
| MHF Western Asset Municipal High | 0.29% | 63,214 | $430K | No change |
| XBTAX BlackRock LNG-TRM Muni Adv | 0.29% | 43,991 | $429K | No change |
| VMO Invesco Municipal Opport | 0.28% | 43,406 | $422K | Add +0.1% |
| GHY Pgim Global High Yield Fund | 0.28% | 34,197 | $421K | Reduce -14.2% |
| VBF Invesco Bond Fund | 0.28% | 26,964 | $416K | No change |
| DFAR Dimensional US Real Est ETF | 0.28% | 17,729 | $413K | No change |
| XEVMX Eaton Vance Cal Muni Bond | 0.26% | 42,446 | $389K | No change |
| VGM Invesco Trust for Investmen | 0.25% | 37,360 | $377K | No change |
| AMZN Amazon.com Inc. | 0.25% | 1,695 | $372K | Add +21.5% |
| LEO BNY Mellon Strategic Muni | 0.24% | 60,298 | $364K | Add +5.2% |
Portfolio Sells Q3 2024 → Q4 2024
| KSM DWS Strategic Municipal Inc. | Sold out | 0.00% | −0.23 |
| BKT BlackRock Income Trust | Reduce -0.8% | 2.86% | −0.21 |
| MQY BlackRock Muniyield Quality | Reduce -0.8% | 1.50% | −0.20 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.15 |
| EOT Eaton Vance National Municip | Reduce -5.0% | 0.95% | −0.13 |
| KTF DWS Municipal Income Trust | Reduce -8.1% | 0.94% | −0.12 |
| NHS Neuberger High Yield Strateg | Reduce -11.3% | 0.41% | −0.12 |
| NXP Nuveen Select Tax-Free Inc. | Reduce -9.8% | 0.91% | −0.08 |
| DFAX Dimensional World Ex US Core | Reduce -0.2% | 1.13% | −0.08 |
| BGT BlackRock Fltng RT Inc. TR | Reduce -9.8% | 0.74% | −0.08 |
| XFRAX BlackRock Fltng RT Inc. Strat | Reduce -20.6% | 0.38% | −0.07 |
| XMUIX BlackRock Municipal Income | Reduce -5.6% | 0.85% | −0.07 |
| MUA BlackRock Muniassets Fund | Reduce -0.5% | 0.63% | −0.07 |
| MUJ BlackRock Munihold NJ QLTY | Reduce -10.3% | 0.32% | −0.07 |
| XPMFX PIMCO Municipal Income Fund | Reduce -32.0% | 0.08% | −0.06 |
| GHY Pgim Global High Yield Fund | Reduce -14.2% | 0.28% | −0.05 |
| VLT Invesco High Income Trust II | Reduce -3.9% | 0.55% | −0.04 |
| EFT Eaton Vance Fltng RT Inc. TR | Reduce -17.4% | 0.22% | −0.04 |
| VXUS Vanguard Total Intl Stock | Reduce -0.4% | 0.49% | −0.04 |
| NCA Nuveen California Muni Val | Reduce -0.7% | 0.46% | −0.03 |
| HYT BlackRock Corp. Hi YLD | Reduce -4.4% | 0.54% | −0.03 |
| AFB Allianceberstein NTL Muni | Reduce -0.1% | 0.34% | −0.02 |
| MFM Aberdeen Municipal Income | Reduce -0.3% | 0.41% | −0.02 |
| XMVTX BlackRock Munivest Fund II | Reduce -0.4% | 0.33% | −0.02 |
| PDI PIMCO Dynamic Income Fund | Reduce -1.8% | 0.21% | −0.02 |
| JFR Nuveen Floating Rate Income | Reduce -5.3% | 0.66% | −0.02 |
| DVY iShares Select Dividend ETF | Reduce -9.5% | 0.17% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -1.1% | 0.23% | −0.02 |
| IVW iShares S&P 500 Growth ETF | Reduce -12.4% | 0.24% | −0.02 |
| JPC Nuveen Prefered & Income Opp | Reduce -1.3% | 0.52% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -1.6% | 0.41% | −0.01 |
| DFUV Dimensional US Marketwide Va | Reduce -0.0% | 1.75% | −0.01 |
| DMF BNYM Municipal Income | Reduce -1.0% | 0.24% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -1.3% | 0.22% | −0.00 |
| XEVGX Eaton Vance Short Dur Div Inc. | Reduce -0.4% | 0.19% | −0.00 |
| OEF iShares S&P 100 ETF | Reduce -4.4% | 0.20% | +0.00 |
| CHI Calamos Convert Opport & Inc. | Reduce -0.6% | 0.11% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.7% | 0.23% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.8% | 0.17% | +0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -1.3% | 1.94% | +0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.5% | 1.42% | +0.04 |
| NVDA Nvidia Corp. | Reduce -0.1% | 1.21% | +0.13 |
Portfolio Buys Q3 2024 → Q4 2024
| VTI VG Morningstar TS MKT ETF-US | Add +128.4% | 1.73% | +1.00 |
| AAPL Apple Inc. | Add +3.1% | 4.09% | +0.45 |
| DFSV Dimensional US Small Cap Val | Add +24.2% | 1.99% | +0.41 |
| TSLA Tesla Inc. | New | 0.36% | +0.36 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +50.9% | 0.71% | +0.22 |
| DFAC Dimensional US Core Equity 2 | Add +0.1% | 7.38% | +0.17 |
| GEV GE Vernova Inc. | Add +0.6% | 0.61% | +0.15 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.13% | +0.13 |
| IGI Western Asst Inv GR Oppor TR | New | 0.11% | +0.11 |
| DMB BNY Mellon Muni BND Infra | Add +79.1% | 0.24% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +10.4% | 0.44% | +0.09 |
| XMCRX MFS Charter Income Trust | New | 0.09% | +0.09 |
| HIX Western Asset High Inc. II | Add +40.9% | 0.33% | +0.08 |
| AMZN Amazon.com Inc. | Add +21.5% | 0.25% | +0.08 |
| DFLV Dim US Large Cap Value ETF | Add +21.2% | 0.43% | +0.07 |
| DFAU Dimensional US Core Equity M | Add +0.1% | 1.98% | +0.07 |
| MSFT Microsoft Corp. | Add +10.6% | 0.67% | +0.06 |
| DSM BNYM Strat Muni BND | Add +39.5% | 0.17% | +0.04 |
| NAC Nuveen Ca QLTY Muni Inc. | Add +13.8% | 0.40% | +0.04 |
| XENWX Eaton Vance New York Municip | Add +10.6% | 0.43% | +0.03 |
| JLS Nuveen Mortgage & Income | Add +15.8% | 0.22% | +0.03 |
| XNQPX Nuveen Pa QLTY Muni Inc. | Add +44.9% | 0.12% | +0.03 |
| V Visa Inc. Class A | Add +0.6% | 0.19% | +0.03 |
| DHF BNYM High Yield Strategies | Add +16.0% | 0.24% | +0.02 |
| AGG iShares Core U.S. Aggregate | Add +9.1% | 0.34% | +0.02 |
| CXE MFS High Income Municipal TR | Add +13.0% | 0.37% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | Add +6.6% | 0.33% | +0.02 |
| DFAT Dimensional US Target Value | Add +0.2% | 0.84% | +0.01 |
| PIM Franklin Master Interm IT-Ui | Add +10.1% | 0.18% | +0.01 |
| T AT&T Inc. | Add +1.7% | 0.16% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +1.6% | 0.34% | +0.01 |
| FDVV Fidelity High Dividend ETF | Add +1.5% | 0.58% | +0.01 |
| VFMO Vanguard US Momentum Factor | Add +0.7% | 0.17% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +1.9% | 0.34% | +0.01 |
| VT Vanguard Tot World STK ETF | Add +1.2% | 0.22% | +0.00 |
| VFQY Vanguard U.S. Quality Factor | Add +0.9% | 0.15% | +0.00 |
| VFVA Vanguard U.S. Value Factor | Add +0.8% | 0.17% | +0.00 |
| LEO BNY Mellon Strategic Muni | Add +5.2% | 0.24% | −0.00 |
| MUC BlackRock Munihold Ca QLTY | Add +6.4% | 0.68% | −0.00 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +0.1% | 0.16% | −0.01 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Add +5.1% | 0.65% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +3.2% | 0.16% | −0.01 |
| XCMUX MFS High Yield Municipal TR | Add +0.1% | 0.29% | −0.01 |
| NUW Nuveen Amt-Free Muni Val | Add +0.0% | 0.32% | −0.01 |
| IEMG iShares Core MSCI Emerging | Add +3.3% | 0.23% | −0.01 |
| VMO Invesco Municipal Opport | Add +0.1% | 0.28% | −0.01 |
| DFIV Dimensional International Va | Add +2.6% | 0.39% | −0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.6% | 0.16% | −0.01 |
| VEA Vanguard Ftse Developed ETF | Add +0.0% | 0.19% | −0.02 |
| PFF iShares Preferred & Income S | Add +0.0% | 0.42% | −0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | Sold out | 13,800 | $275before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 196 | $185.5M | VTI, DFAC, DFSV, AAPL, PMO |
| Q1 2026 | 194 | $174.2M | DFAC, VTI, AAPL, PMO, DFSV |
| Q4 2025 | 202 | $173.5M | DFAC, VTI, AAPL, PMO, EVN |
| Q3 2025 | 194 | $170.5M | DFAC, VTI, PMO, AAPL, EVN |
| Q2 2025 | 200 | $158.2M | DFAC, VTI, PMO, BKT, EVN |
| Q1 2025 | 201 | $148.1M | DFAC, AAPL, PMO, BKT, EVN |
| Q4 2024 | 202 | $149.5M | DFAC, AAPL, PMO, BKT, EVN |
| Q3 2024 | 200 | $151.5M | DFAC, AAPL, PMO, BKT, EVN |
| Q2 2024 | 199 | $143.1M | DFAC, AAPL, PMO, BKT, EVN |
| Q1 2024 | 195 | $138.5M | DFAC, PMO, BKT, EVN, AAPL |