MGB Wealth Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), MGB Wealth Management, LLC reported 264 stock positions worth $246.2 million. Its top holding was AppLovin Class A (APP) at 10.2% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.8%) and Microsoft (MSFT, 4.8%). Compared with Q4 2023, it opened 11 new positions, sold out of 5, added to 74 and reduced 40. The biggest buy was AppLovin Class A (APP, shares +1767%) and the biggest sale Apple (AAPL, shares −2%).

Most Recent 13F
Q4 2025
Location
ADDISON, TX
CIK
0002015822
Portfolio Value
$246.2M (Q1 2024)
SEC Filing
0001398344-24-008800 ↗ filed May 6, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $246.2M $246.2M Q1 2024 Q2 2024: $267.4M Q2 2024 Q3 2024: $273.9M Q3 2024 Q4 2024: $322.2M Q4 2024 Q1 2025: $276.5M Q1 2025 Q2 2025: $303.5M Q2 2025 Q3 2025: $354.0M Q3 2025 Q4 2025: $349.6M Q4 2025

Holdings 264 stocks · $246.2M
APP AppLovin Corp. Class A 10.17% 361,634 $25.0M Add +1767.0%
QQQ Invesco QQQ Trust Series 1 4.84% 26,829 $11.9M Add +0.8%
MSFT Microsoft Corp. 4.80% 28,076 $11.8M Reduce -0.9%
XSD SS SPDR S&P Semiconductor 2.89% 30,699 $7.1M Add +0.2%
SPY SS SPDR S&P 500 ETF Trust-US 2.47% 11,615 $6.1M Add +3.7%
NVDA Nvidia Corp. 2.26% 6,166 $5.6M Reduce -0.6%
AAPL Apple Inc. 2.18% 31,223 $5.4M Reduce -1.8%
AVGO Broadcom Inc. 2.00% 3,718 $4.9M No change
MPC Marathon Petroleum Corp. 1.91% 23,360 $4.7M Add +3.5%
CNQ Canadian Natural Resources 1.71% 55,011 $4.2M Reduce -0.6%
QTEC First Trust Nasdq 100 Tech I 1.50% 19,426 $3.7M No change
FDN First Trust DJ Internet Ind 1.28% 15,358 $3.2M No change
VUG Vanguard Mrngstar GR ETF-Sui 1.23% 8,765 $3.0M No change
ETN Eaton Corp. PLC 1.19% 9,361 $2.9M No change
DIVO Amplify CWP Enhan Divid ETF 1.19% 75,323 $2.9M Reduce -0.2%
OKE Oneok Inc. 1.19% 36,500 $2.9M Add +7.7%
HD Home Depot Inc. 1.15% 7,362 $2.8M No change
CALF PCR US SM CP CSH CWS ETF-Usd 1.14% 57,077 $2.8M Add +25.6%
BRK.B Berkshire Hathaway Inc. Class B 1.13% 6,606 $2.8M Add +2.5%
ABBV Abbvie Inc. 0.99% 13,322 $2.4M Add +0.7%
USMV iShares MSCI USA Min Vol Fac 0.90% 26,572 $2.2M Reduce -1.7%
GOOGL Alphabet Inc. Class A 0.90% 14,656 $2.2M Add +4.0%
VLO Valero Energy Corp. 0.87% 12,525 $2.1M No change
JPM JPMorgan Chase & Co. 0.87% 10,646 $2.1M Add +5.4%
FCG First Trust Natural Gas ETF 0.86% 77,639 $2.1M Reduce -0.0%
AMZN Amazon.com Inc. 0.82% 11,180 $2.0M Reduce -2.6%
MAIN Main Street Capital Corp. 0.80% 41,559 $2.0M Add +1.8%
NOBL Proshares S&P 500 Dividend A 0.80% 19,375 $2.0M No change
WMT Walmart Inc. 0.79% 32,352 $1.9M Add +1.4%
UNH Unitedhealth Group Inc. 0.79% 3,937 $1.9M Add +0.7%
IGV iShares Expanded Tech-Softwa 0.79% 22,713 $1.9M Add +0.5%
AMLP Alerian MLP ETF 0.76% 39,336 $1.9M Add +0.4%
V Visa Inc. Class A 0.70% 6,184 $1.7M No change
FDUS Fidus Investment Corp. 0.70% 87,456 $1.7M No change
PDP Invesco Dorsey Wright Moment 0.70% 17,388 $1.7M Add +0.0%
MCK McKesson Corp. 0.69% 3,142 $1.7M Add +12.7%
UNP Union Pacific Corp. 0.67% 6,740 $1.7M Reduce -0.9%
PAVE Global X US Infrastructure 0.67% 41,330 $1.6M Add +0.1%
PJP Invesco Pharmaceuticals ETF 0.64% 19,629 $1.6M Add +0.0%
TXRH Texas Roadhouse Inc. 0.63% 10,116 $1.6M Reduce -2.9%
CVY Invesco Zacks Multi-Asset Inc. 0.62% 59,308 $1.5M Reduce -0.3%
XAR SS SPDR S&P Aerospace Def 0.61% 10,711 $1.5M No change
XRLV Invesco S&P 500 Ex-Rate Sens 0.60% 29,467 $1.5M Reduce -3.7%
TXN Texas Instruments Inc. 0.59% 8,301 $1.4M Reduce -0.2%
DFAC Dimensional US Core Equity 2 0.57% 43,915 $1.4M No change
MCD McDonald's Corp. 0.54% 4,705 $1.3M Add +9.2%
EMLP First Trust North American E 0.52% 43,374 $1.3M Add +0.0%
CP Canadian Pacific Kansas City 0.52% 14,454 $1.3M No change
SPLV Invesco S&P 500 Low Volatili 0.52% 19,299 $1.3M Reduce -1.9%
KXI iShares Global Consumer Stap 0.51% 20,373 $1.2M No change
CTAS Cintas Corp. 0.50% 1,799 $1.2M No change
HACK Amplify Cybersecurity ETF 0.50% 19,190 $1.2M Add +0.4%
PSCH Invesco S&P Smallcap Health 0.48% 27,022 $1.2M Add +0.0%
CME Cme Group Inc. 0.48% 5,455 $1.2M Add +2.8%
AMD Advanced Micro Devices 0.47% 6,457 $1.2M No change
ON On Semiconductor 0.47% 15,736 $1.2M Reduce -5.7%
MPWR Monolithic Power Systems Inc. 0.46% 1,676 $1.1M No change
SPDW Ste STR SPDR PT DW Eu ETF 0.45% 30,902 $1.1M Add +5.2%
PEY Invesco High Yield Equity Di 0.44% 52,499 $1.1M No change
GLD SPDR Gold Shares 0.43% 5,207 $1.1M Add +26.9%
SMH Vaneck Semiconductor ETF 0.43% 4,737 $1.1M Add +2.3%
RSP Invesco S&P 500 Equal Weight 0.43% 6,282 $1.1M Add +2.5%
PPA Invesco Aerospace & Defense 0.43% 10,404 $1.1M Add +9.6%
CB Chubb Ltd. 0.43% 4,048 $1.0M No change
ICE Intercontinental Exchange Inc. 0.43% 7,634 $1.0M No change
FLNG Flex LNG Ltd. 0.42% 41,145 $1.0M Reduce -1.6%
PXD Pioneer Natural Resources Co. 0.41% 3,884 $1.0M Add +0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.40% 9,644 $977K Add +5.7%
MRK Merck & Co. Inc. 0.39% 7,280 $960K Add +1.5%
ADP Automatic Data Processing 0.35% 3,475 $868K No change
RF Regions Financial Corp. 0.35% 40,998 $863K No change
NLR Vaneck Urani & Nuclr ETF-Usd 0.34% 10,960 $832K Add +15.6%
PRI Primerica Inc. 0.34% 3,270 $828K No change
CLH Clean Harbors Inc. 0.33% 4,090 $823K Add +22.5%
LLY Eli Lilly & Co. 0.32% 1,027 $799K Add +1.0%
SPYD SS SPDR P S&P 500 Hi Div ETF 0.32% 19,552 $796K Add +1.4%
XT Ishar Fture Exp Tech ETF-Usd 0.32% 13,316 $794K Reduce -2.0%
HAL Halliburton Co. 0.32% 20,145 $792K Add +0.0%
JNJ Johnson & Johnson 0.31% 4,901 $775K No change
FBT First Trust Nyse Arca Biotec 0.31% 4,949 $761K Reduce -1.4%
SPMD SS SPDR P S&P 400 Midcap ETF 0.30% 14,003 $747K Add +0.4%
RJF Raymond James Financial Inc. 0.30% 5,803 $745K No change
ABT Abbott Laboratories 0.30% 6,500 $739K Reduce -6.2%
MSI Motorola Solutions Inc. 0.30% 2,056 $729K Add +5.1%
CVX Chevron Corp. 0.29% 4,497 $709K Add +14.8%
BR Broadridge Financial Solutio 0.29% 3,455 $708K Add +10.2%
FLOT iShares Floating Rate Bond E 0.28% 13,361 $682K No change
TYG Tortoise Energy Infrastruct 0.28% 22,003 $680K Reduce -0.8%
COR Cencora Inc. 0.27% 2,760 $671K No change
PXE Invesco Energy Exploration 0.27% 18,710 $670K Add +0.0%
URA Global X Uranium ETF 0.27% 22,995 $662K Add +12.2%
DRI Darden Restaurants Inc. 0.26% 3,901 $652K Add +5.9%
MOAT Vaneck Morningstar Wide Moat 0.26% 7,256 $651K Add +7.8%
SPYV SS SPDR P S&P 500 Value ETF 0.26% 12,791 $641K Add +0.1%
BX Blackstone Inc. 0.25% 4,625 $608K Add +2.8%
IBB iShares Biotechnology ETF 0.25% 4,405 $605K No change
XME SS SPDR S&P Metals Mining 0.25% 10,019 $604K Add +9.1%
DVY iShares Select Dividend ETF 0.24% 4,815 $593K Add +12.1%
FV First Trust DW Focus 5 Fund 0.24% 10,271 $588K No change
BOTZ Global X Robotics & Artifici 0.24% 18,451 $587K Reduce -10.0%

Show all 264 holdings

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -1.8% 2.18% −0.90
MSFT Microsoft Corp. Reduce -0.9% 4.80% −0.55
APD Air Products & Chemicals Inc. Sold out 0.00% −0.38
ON On Semiconductor Reduce -5.7% 0.47% −0.23
DIVO Amplify CWP Enhan Divid ETF Reduce -0.2% 1.19% −0.20
FLNG Flex LNG Ltd. Reduce -1.6% 0.42% −0.19
UNP Union Pacific Corp. Reduce -0.9% 0.67% −0.17
USMV iShares MSCI USA Min Vol Fac Reduce -1.7% 0.90% −0.16
XRLV Invesco S&P 500 Ex-Rate Sens Reduce -3.7% 0.60% −0.13
TXN Texas Instruments Inc. Reduce -0.2% 0.59% −0.13
CNQ Canadian Natural Resources Reduce -0.6% 1.71% −0.12
SPLV Invesco S&P 500 Low Volatili Reduce -1.9% 0.52% −0.10
CVY Invesco Zacks Multi-Asset Inc. Reduce -0.3% 0.62% −0.09
FBT First Trust Nyse Arca Biotec Reduce -1.4% 0.31% −0.09
XT Ishar Fture Exp Tech ETF-Usd Reduce -2.0% 0.32% −0.09
FCG First Trust Natural Gas ETF Reduce -0.0% 0.86% −0.09
ABT Abbott Laboratories Reduce -6.2% 0.30% −0.08
SPSM SS SPDR P S&P 600 Small Cap Reduce -6.8% 0.23% −0.07
QYLD Global X Nasd 100 Cov Call Reduce -82.8% 0.01% −0.07
AMZN Amazon.com Inc. Reduce -2.6% 0.82% −0.06
BOTZ Global X Robotics & Artifici Reduce -10.0% 0.24% −0.06
SLV iShares Silver Trust Reduce -3.5% 0.22% −0.05
TYG Tortoise Energy Infrastruct Reduce -0.8% 0.28% −0.04
SHV iShares 0-1 Year Treasury Bo Reduce -6.7% 0.10% −0.03
FEZ State Street SPDR Euro Stoxx Reduce -0.9% 0.23% −0.03
XHE SS SPDR S&P HC Equip ETF Reduce -1.5% 0.15% −0.03
BSX Boston Scientific Corp. Reduce -11.0% 0.17% −0.03
KKR KKR & Co. Inc. Reduce -11.8% 0.18% −0.03
SPSB SS SPDR P St C Corp. ETF Reduce -31.3% 0.03% −0.03
KRE SS SPDR S&P Regional Bank Reduce -1.3% 0.09% −0.03
RYLD Global X Russell 2000 Cov Class Sold out 0.00% −0.03
IDU iShares US Utilities ETF Reduce -42.3% 0.02% −0.02
XYLD Global X S&P 500 Cove Call E Sold out 0.00% −0.02
JEPI JPMorgan Equity Premium Inco Reduce -3.2% 0.11% −0.02
UTF Cohen & Steers Infrastructur Reduce -1.0% 0.17% −0.02
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -0.7% 0.16% −0.02
XOP SS SPDR S&P Og Exp & Prod Reduce -13.2% 0.07% −0.02
ETF MANAGERS TR Sold out 0.00% −0.01
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -4.2% 0.04% −0.01
RIGS Alps Strategic Income Fund Reduce -2.1% 0.03% −0.01
TXRH Texas Roadhouse Inc. Reduce -2.9% 0.63% −0.01
VBK Van Morst SML-Cap Gro-Usd Inc. Sold out 0.00% −0.00
KBWD Invesco KBW High Dividend Yi Reduce -18.2% 0.00% −0.00
PSK SS SPDR Ice Pref Sec ETF Reduce -9.4% 0.00% −0.00
NVDA Nvidia Corp. Reduce -0.6% 2.26% +0.72

Portfolio Buys Q4 2023 → Q1 2024
APP AppLovin Corp. Class A Add +1767.0% 10.17% +9.78
MPC Marathon Petroleum Corp. Add +3.5% 1.91% +0.23
ELV Elevance Health Inc. New 0.15% +0.15
META Meta Platforms Inc. Class A New 0.14% +0.14
DIS The Walt Disney Co. New 0.10% +0.10
CCJ Cameco Corp. New 0.09% +0.09
AMAT Applied Materials Inc. New 0.08% +0.08
ELF Elf Beauty Inc. Add +28.8% 0.15% +0.05
CLH Clean Harbors Inc. Add +22.5% 0.33% +0.04
CALF PCR US SM CP CSH CWS ETF-Usd Add +25.6% 1.14% +0.04
GLD SPDR Gold Shares Add +26.9% 0.43% +0.04
MCK McKesson Corp. Add +12.7% 0.69% +0.04
EFA iShares MSCI Eafe ETF New 0.03% +0.03
PGJ Invesco Golden Dragon China New 0.03% +0.03
LLY Eli Lilly & Co. Add +1.0% 0.32% +0.03
NVO Novo-Nordisk A/S-Spons ADR Add +23.0% 0.14% +0.03
SMH Vaneck Semiconductor ETF Add +2.3% 0.43% +0.03
EWJ iShares MSCI Japan ETF Add +25.1% 0.13% +0.01
IPAY Amplify Digital Payments ETF New 0.01% +0.01
ILF iShares Latin America 40 ETF New 0.01% +0.01
MOH Molina Healthcare Inc. Add +12.7% 0.14% +0.00
XLY SS Consumer Disc Select Sect Add +47.6% 0.02% +0.00
ISCG iShares Morningstar Small-Ca New 0.00% +0.00
JPM JPMorgan Chase & Co. Add +5.4% 0.87% +0.00
XHB SS SPDR S&P Homebldrs ETF New 0.00% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +100.0% 0.00% +0.00
SPHB Invesco S&P 500 High Beta Et Add +17.2% 0.09% +0.00
VRP Invesco Variable Rate Prefer Add +19.6% 0.08% −0.00
ROP Roper Technologies Inc. Add +20.3% 0.11% −0.00
SPTM SS SPDR P S&P 1500 Comp ETF Add +6.1% 0.04% −0.00
MRK Merck & Co. Inc. Add +1.5% 0.39% −0.00
PSCE Invesco S&P Smallcap Energy Add +0.2% 0.02% −0.00
NLR Vaneck Urani & Nuclr ETF-Usd Add +15.6% 0.34% −0.00
AIQ Global X Art Intel & Tech Add +2.0% 0.04% −0.00
TLT iShares 20+ Year Treasury BD Add +0.3% 0.02% −0.00
BIZD Vaneck BDC Income ETF Add +6.7% 0.05% −0.01
CVX Chevron Corp. Add +14.8% 0.29% −0.01
OKE Oneok Inc. Add +7.7% 1.19% −0.01
PPA Invesco Aerospace & Defense Add +9.6% 0.43% −0.01
MSI Motorola Solutions Inc. Add +5.1% 0.30% −0.01
DVY iShares Select Dividend ETF Add +12.1% 0.24% −0.01
URA Global X Uranium ETF Add +12.2% 0.27% −0.02
VNQ Vanguard Real Estate ETF Add +2.1% 0.07% −0.02
PXE Invesco Energy Exploration Add +0.0% 0.27% −0.02
EWW iShares MSCI Mexico ETF Add +6.3% 0.14% −0.02
SSUS Day Hagan Smart Sector ETF Add +0.3% 0.14% −0.02
MOAT Vaneck Morningstar Wide Moat Add +7.8% 0.26% −0.02
URNJ Sprott Jr Uranium Miners ETF Add +2.2% 0.19% −0.02
PXD Pioneer Natural Resources Co. Add +0.1% 0.41% −0.02
FTA First Trust L C Val Alp Add +0.0% 0.17% −0.03

Notes & Other Activity Q4 2023 → Q1 2024
GDX Vaneck Gold Miners ETF GOLD MINERS ETF Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q4 2025 308$349.6MAPP, QQQ, MSFT, SPY, AVGO
Q3 2025 313$354.0MAPP, QQQ, MSFT, AVGO, SPY
Q2 2025 305$303.5MAPP, QQQ, MSFT, SPY, AVGO
Q1 2025 292$276.5MAPP, QQQ, MSFT, SPY, AAPL
Q4 2024 286$322.2MAPP, QQQ, MSFT, AVGO, XSD
Q3 2024 274$273.9MAPP, QQQ, MSFT, NVDA, XSD
Q2 2024 277$267.4MAPP, QQQ, MSFT, XSD, NVDA
Q1 2024 264$246.2MAPP, QQQ, MSFT, XSD, SPY