Melfa Wealth Management, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), Melfa Wealth Management, Inc. reported 194 stock positions worth $170.5 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 7.1% of the portfolio, followed by VG Morningstar TS MKT ETF-US (VTI, 5.8%) and Franklin Muncipl Opps Tst-Ui (PMO, 2.9%). Compared with Q2 2025, it opened 6 new positions, sold out of 12, added to 53 and reduced 26. The biggest buy was PIMCO Municipal Income FD II (PML, shares +536%) and the biggest sale BlackRock Income Trust (BKT, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- WESTBOROUGH, MA
- CIK
- 0001962465
- Portfolio Value
- $170.5M (Q3 2025)
- SEC Filing
- 0001951757-25-001204 ↗ filed Oct 28, 2025
Holdings Value
Holdings 194 stocks · $170.5M
| DFAC Dimensional US Core Equity 2 | 7.11% | 314,426 | $12.1M | Reduce -0.3% |
| VTI VG Morningstar TS MKT ETF-US | 5.78% | 30,035 | $9.9M | Add +5.6% |
| PMO Franklin Muncipl Opps Tst-Ui | 2.91% | 480,444 | $5.0M | No change |
| AAPL Apple Inc. | 2.87% | 19,249 | $4.9M | Reduce -4.5% |
| EVN Eaton Vance Muni Inc. TR | 2.68% | 413,018 | $4.6M | Add +0.0% |
| BKT BlackRock Income Trust | 2.41% | 366,414 | $4.1M | Reduce -0.4% |
| DFSV Dimensional US Small Cap Val | 2.15% | 115,333 | $3.7M | Add +8.3% |
| GE General Electric filed as GE AEROSPACE | 2.08% | 11,818 | $3.6M | No change |
| IVV iShares Core S&P 500 ETF | 1.91% | 4,864 | $3.3M | Reduce -0.1% |
| DFAU Dimensional US Core Equity M | 1.91% | 71,112 | $3.3M | Reduce -0.9% |
| META Meta Platforms Inc. Class A | 1.84% | 4,274 | $3.1M | No change |
| DFUV Dimensional US Marketwide Va | 1.65% | 62,903 | $2.8M | Reduce -0.3% |
| MYI BlackRock Muniyield QLTY III | 1.56% | 240,841 | $2.7M | Add +0.0% |
| NVDA Nvidia Corp. | 1.48% | 13,531 | $2.5M | Reduce -1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.38% | 3,534 | $2.4M | Reduce -1.4% |
| NBH Neuberger Municipal Fund Inc. | 1.36% | 224,990 | $2.3M | Add +0.5% |
| MQY BlackRock Muniyield Quality | 1.33% | 194,346 | $2.3M | Add +0.0% |
| NVG Nuveen Amt-FR Muni CRDT | 1.32% | 183,142 | $2.3M | Add +0.0% |
| MHD BlackRock Muniholdings Fund | 1.30% | 188,024 | $2.2M | Add +0.0% |
| DFAX Dimensional World Ex US Core | 1.21% | 65,862 | $2.1M | Add +0.1% |
| DFAI Dimensional International Co. | 1.21% | 56,680 | $2.1M | Add +3.0% |
| GEV GE Vernova Inc. | 0.99% | 2,747 | $1.7M | Reduce -1.1% |
| C Citigroup Inc. | 0.98% | 16,466 | $1.7M | No change |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.97% | 14,798 | $1.6M | Add +4.0% |
| EIM Eaton Vance Municipal Bond | 0.97% | 165,927 | $1.6M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.92% | 13,841 | $1.6M | Reduce -1.0% |
| XPCQX PIMCO California Muni Inc. FD | 0.91% | 177,676 | $1.5M | Add +19.7% |
| EOT Eaton Vance National Municip | 0.84% | 86,051 | $1.4M | No change |
| RSPT Invesco S&P 500 Equal Weight | 0.82% | 31,318 | $1.4M | No change |
| FITB Fifth Third Bancorp | 0.81% | 31,200 | $1.4M | No change |
| MSFT Microsoft Corp. | 0.80% | 2,629 | $1.4M | Reduce -1.8% |
| DFAT Dimensional US Target Value | 0.77% | 22,468 | $1.3M | Add +0.5% |
| NXP Nuveen Select Tax-Free Inc. | 0.76% | 90,037 | $1.3M | No change |
| XMVFX BlackRock Munivest Fund | 0.76% | 188,658 | $1.3M | No change |
| PML PIMCO Municipal Income FD II | 0.74% | 158,892 | $1.3M | Add +535.6% |
| KTF DWS Municipal Income Trust | 0.72% | 134,569 | $1.2M | No change |
| BHK BlackRock Core Bond Trust | 0.72% | 122,729 | $1.2M | Add +15.1% |
| MUC BlackRock Munihold Ca QLTY | 0.67% | 105,202 | $1.1M | No change |
| MMU Western Asset Managed Munici | 0.66% | 109,141 | $1.1M | No change |
| FDVV Fidelity High Dividend ETF | 0.63% | 19,141 | $1.1M | Add +1.1% |
| AVGO Broadcom Inc. | 0.60% | 3,108 | $1.0M | Reduce -3.1% |
| BFK BlackRock Municipal Inc. TRST | 0.59% | 100,900 | $1.0M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.59% | 5,475 | $999K | Add +63.4% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 0.58% | 96,891 | $983K | Reduce -0.1% |
| BLE BlackRock Muni Inc. TR II | 0.56% | 91,871 | $960K | No change |
| BGT BlackRock Fltng RT Inc. TR | 0.56% | 78,735 | $957K | Reduce -0.0% |
| MUA BlackRock Muniassets Fund | 0.55% | 85,097 | $945K | Reduce -0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.54% | 4,249 | $917K | Add +0.0% |
| VXUS Vanguard Total Intl Stock | 0.53% | 12,418 | $912K | No change |
| JFR Nuveen Floating Rate Income | 0.51% | 107,234 | $877K | No change |
| VLT Invesco High Income Trust II | 0.49% | 74,620 | $837K | Reduce -0.0% |
| JPM JPMorgan Chase & Co. | 0.49% | 2,641 | $833K | Reduce -0.9% |
| XBFZX BlackRock Ca Muni Inc. TR | 0.49% | 75,901 | $831K | Add +0.0% |
| JPC Nuveen Prefered & Income Opp | 0.47% | 97,230 | $797K | No change |
| DFIV Dimensional International Va | 0.46% | 16,874 | $778K | Add +2.0% |
| HYT BlackRock Corp. Hi YLD | 0.45% | 80,772 | $767K | No change |
| VKI Invesco Adv Muni Inc. TR II | 0.43% | 84,507 | $741K | No change |
| GOOGL Alphabet Inc. Class A | 0.43% | 3,015 | $733K | Add +12.1% |
| NCA Nuveen California Muni Val | 0.42% | 81,101 | $722K | No change |
| AGG iShares Core U.S. Aggregate | 0.40% | 6,888 | $691K | Add +8.1% |
| XMVTX BlackRock Munivest Fund II | 0.40% | 64,785 | $689K | No change |
| MFM Aberdeen Municipal Income | 0.40% | 127,224 | $686K | Add +12.4% |
| AMZN Amazon.com Inc. | 0.40% | 3,115 | $684K | Add +53.1% |
| AVBC Avidia Bancorp Inc. | 0.39% | 45,000 | $672K | New |
| XENWX Eaton Vance New York Municip | 0.39% | 68,133 | $672K | No change |
| IWD iShares Russell 1000 Value E | 0.39% | 3,275 | $667K | No change |
| XBI SS SPDR S&P Biotech ETF | 0.39% | 6,645 | $666K | No change |
| RSP Invesco S&P 500 Equal Weight | 0.39% | 3,473 | $659K | Add +1.7% |
| PFF iShares Preferred & Income S | 0.37% | 20,037 | $634K | Add +0.0% |
| VGHY Vanguard High-Yield Act ETF | 0.37% | 8,325 | $627K | New |
| MUJ BlackRock Munihold NJ QLTY | 0.36% | 53,485 | $620K | Add +0.0% |
| CXH MFS Investment Grade Muni | 0.36% | 78,360 | $616K | No change |
| NHS Neuberger High Yield Strateg | 0.36% | 81,787 | $613K | No change |
| MIY BlackRock Muniyield Mi QLTY | 0.35% | 52,790 | $595K | No change |
| NMT Nuveen Ma QLTY Muni Inc. | 0.34% | 50,225 | $585K | No change |
| PMM Franklin Managed Municipal I | 0.34% | 95,856 | $579K | No change |
| NAC Nuveen Ca QLTY Muni Inc. | 0.34% | 49,816 | $573K | No change |
| VBF Invesco Bond Fund | 0.33% | 35,964 | $568K | Add +33.4% |
| CXE MFS High Income Municipal TR | 0.33% | 150,633 | $560K | Add +0.1% |
| IEF iShares 7-10 Year Treasury B | 0.32% | 5,725 | $552K | Add +41.1% |
| HIX Western Asset High Inc. II | 0.32% | 126,446 | $550K | No change |
| IJH iShares Core S&P Midcap ETF | 0.32% | 8,248 | $538K | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 4,353 | $517K | Add +1.4% |
| OIA Invesco Municipal Income Opp | 0.30% | 85,429 | $515K | No change |
| AFB Allianceberstein NTL Muni | 0.30% | 46,849 | $508K | Reduce -0.3% |
| DFLV Dim US Large Cap Value ETF | 0.30% | 15,345 | $505K | Reduce -3.2% |
| IEMG iShares Core MSCI Emerging | 0.29% | 7,557 | $498K | Add +3.8% |
| NUW Nuveen Amt-Free Muni Val | 0.27% | 32,917 | $467K | Add +0.0% |
| GOOG Alphabet Inc. Class C | 0.27% | 1,914 | $466K | Add +15.0% |
| MHF Western Asset Municipal High | 0.27% | 63,214 | $457K | No change |
| NAD Nuveen Quality Municipal Inc. | 0.26% | 38,375 | $449K | Add +0.0% |
| NMCO Nuveen Municipal Credit Opp | 0.26% | 40,850 | $444K | No change |
| GHY Pgim Global High Yield Fund | 0.26% | 34,062 | $439K | Reduce -0.2% |
| XFRAX BlackRock Fltng RT Inc. Strat | 0.26% | 33,728 | $438K | Add +0.3% |
| DSU BlackRock Debt Strategies | 0.25% | 40,909 | $434K | No change |
| XCMUX MFS High Yield Municipal TR | 0.25% | 124,010 | $430K | Add +0.1% |
| TSLA Tesla Inc. | 0.25% | 960 | $427K | Reduce -22.0% |
| VWO Vanguard Ftse Emerging Marke | 0.25% | 7,831 | $424K | Add +0.0% |
| DFAR Dimensional US Real Est ETF | 0.25% | 17,729 | $423K | No change |
| XBTAX BlackRock LNG-TRM Muni Adv | 0.25% | 43,991 | $421K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $22K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | 366,362 | $22K | Reduce -0.5% |
Total filed on the 13F, all lines: $170.6M.
Portfolio Sells Q2 2025 → Q3 2025
| BKT BlackRock Income Trust | Reduce -0.4% | 2.41% | −0.32 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.31 |
| XPMAX Pioneer Municipal High Inc. | Sold out | 0.00% | −0.29 |
| XPNFX PIMCO New York Muni Inc. FD | Sold out | 0.00% | −0.29 |
| PNI PIMCO NY Muni Inc. II FND | Sold out | 0.00% | −0.26 |
| XPMQX PIMCO Muni Income Fund III | Sold out | 0.00% | −0.19 |
| PM Philip Morris International | Sold out | 0.00% | −0.13 |
| XMIOX Pioneer Muni High Inc. Opp | Sold out | 0.00% | −0.13 |
| PYN PIMCO New York Muni FND III | Sold out | 0.00% | −0.12 |
| XPMFX PIMCO Municipal Income Fund | Sold out | 0.00% | −0.11 |
| BGT BlackRock Fltng RT Inc. TR | Reduce -0.0% | 0.56% | −0.06 |
| XEVVX Eaton Vance Ltd. Durat Inc. | Reduce -0.1% | 0.58% | −0.05 |
| EIM Eaton Vance Municipal Bond | Reduce -0.1% | 0.97% | −0.05 |
| XMCRX MFS Charter Income Trust | Sold out | 0.00% | −0.04 |
| MSFT Microsoft Corp. | Reduce -1.8% | 0.80% | −0.04 |
| XPZCX PIMCO California Muni FD III | Sold out | 0.00% | −0.04 |
| OCCI Ofs Credit Company Inc. | Sold out | 0.00% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -1.0% | 0.92% | −0.04 |
| DFUV Dimensional US Marketwide Va | Reduce -0.3% | 1.65% | −0.04 |
| GHY Pgim Global High Yield Fund | Reduce -0.2% | 0.26% | −0.03 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.3% | 7.11% | −0.03 |
| V Visa Inc. Class A | Reduce -1.4% | 0.19% | −0.03 |
| DHF BNYM High Yield Strategies | Reduce -3.7% | 0.21% | −0.03 |
| VLT Invesco High Income Trust II | Reduce -0.0% | 0.49% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.4% | 1.38% | −0.02 |
| BND Vanguard Total Bond Market | Reduce -3.6% | 0.17% | −0.02 |
| DFLV Dim US Large Cap Value ETF | Reduce -3.2% | 0.30% | −0.01 |
| DFAU Dimensional US Core Equity M | Reduce -0.9% | 1.91% | −0.01 |
| CBU Community Financial System I | Reduce -4.2% | 0.14% | −0.01 |
| AFB Allianceberstein NTL Muni | Reduce -0.3% | 0.30% | −0.01 |
| MUA BlackRock Muniassets Fund | Reduce -0.1% | 0.55% | −0.01 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 1.91% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -0.9% | 0.49% | 0.00 |
| TSLA Tesla Inc. | Reduce -22.0% | 0.25% | +0.00 |
| AVGO Broadcom Inc. | Reduce -3.1% | 0.60% | +0.04 |
| GEV GE Vernova Inc. | Reduce -1.1% | 0.99% | +0.06 |
| NVDA Nvidia Corp. | Reduce -1.4% | 1.48% | +0.11 |
| AAPL Apple Inc. | Reduce -4.5% | 2.87% | +0.26 |
Portfolio Buys Q2 2025 → Q3 2025
| PML PIMCO Municipal Income FD II | Add +535.6% | 0.74% | +0.62 |
| AVBC Avidia Bancorp Inc. | New | 0.39% | +0.39 |
| VGHY Vanguard High-Yield Act ETF | New | 0.37% | +0.37 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.6% | 5.78% | +0.32 |
| PLTR Palantir Technologies Inc. Class A | Add +63.4% | 0.59% | +0.30 |
| NMAI Nuveen Multi-Asset Income | New | 0.21% | +0.21 |
| VTEB Vanguard Tax-Exempt Bond ETF | New | 0.17% | +0.17 |
| DFSV Dimensional US Small Cap Val | Add +8.3% | 2.15% | +0.17 |
| VFMO Vanguard US Momentum Factor | New | 0.13% | +0.13 |
| BIT BlackRock Multi-Sector Inc. | New | 0.13% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +12.1% | 0.43% | +0.13 |
| AMZN Amazon.com Inc. | Add +53.1% | 0.40% | +0.12 |
| XPCQX PIMCO California Muni Inc. FD | Add +19.7% | 0.91% | +0.10 |
| GOOG Alphabet Inc. Class C | Add +15.0% | 0.27% | +0.09 |
| IEF iShares 7-10 Year Treasury B | Add +41.1% | 0.32% | +0.08 |
| VBF Invesco Bond Fund | Add +33.4% | 0.33% | +0.07 |
| BHK BlackRock Core Bond Trust | Add +15.1% | 0.72% | +0.06 |
| VGSH Vanguard Short-Term Treasury | Add +34.4% | 0.24% | +0.05 |
| EVF Eaton Vance Senior Income TR | Add +61.6% | 0.15% | +0.05 |
| MFM Aberdeen Municipal Income | Add +12.4% | 0.40% | +0.03 |
| IEMG iShares Core MSCI Emerging | Add +3.8% | 0.29% | +0.02 |
| VFL Abrdn National Municipal Inc. | Add +9.1% | 0.18% | +0.01 |
| EVN Eaton Vance Muni Inc. TR | Add +0.0% | 2.68% | +0.01 |
| DFIV Dimensional International Va | Add +2.0% | 0.46% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +1.4% | 0.30% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +8.1% | 0.40% | +0.01 |
| DFAI Dimensional International Co. | Add +3.0% | 1.21% | +0.01 |
| DFAT Dimensional US Target Value | Add +0.5% | 0.77% | +0.00 |
| VWO Vanguard Ftse Emerging Marke | Add +0.0% | 0.25% | +0.00 |
| FDVV Fidelity High Dividend ETF | Add +1.1% | 0.63% | +0.00 |
| DVY iShares Select Dividend ETF | Add +2.6% | 0.16% | +0.00 |
| VFVA Vanguard U.S. Value Factor | Add +1.7% | 0.16% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +0.2% | 0.23% | −0.00 |
| VFQY Vanguard U.S. Quality Factor | Add +1.9% | 0.14% | −0.00 |
| XRMMX Rvrnrth MGD Dur Muni Inc. | Add +0.3% | 0.09% | −0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +0.8% | 0.18% | −0.00 |
| VMO Invesco Municipal Opport | Add +0.1% | 0.25% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +1.7% | 0.39% | −0.01 |
| MUJ BlackRock Munihold NJ QLTY | Add +0.0% | 0.36% | −0.01 |
| VNQ Vanguard Real Estate ETF | Add +0.6% | 0.15% | −0.01 |
| IJH iShares Core S&P Midcap ETF | Add +0.1% | 0.32% | −0.01 |
| BTT BlackRock 2030 Muni TRGT TRM | Add +0.1% | 0.15% | −0.01 |
| XCMUX MFS High Yield Municipal TR | Add +0.1% | 0.25% | −0.01 |
| DFAX Dimensional World Ex US Core | Add +0.1% | 1.21% | −0.01 |
| NAD Nuveen Quality Municipal Inc. | Add +0.0% | 0.26% | −0.01 |
| NUW Nuveen Amt-Free Muni Val | Add +0.0% | 0.27% | −0.01 |
| CXE MFS High Income Municipal TR | Add +0.1% | 0.33% | −0.01 |
| VIG Vanguard Dividend Apprec ETF | Add +0.0% | 0.54% | −0.01 |
| JLS Nuveen Mortgage & Income | Add +0.4% | 0.20% | −0.02 |
| T AT&T Inc. | Add +0.1% | 0.15% | −0.02 |
Notes & Other Activity Q2 2025 → Q3 2025
| BLACKROCK INCOME TR-RT | RIGHT 10/20/2025 | Reduce -0.5% | 366,362 | $22K |
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 |