MGB Wealth Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), MGB Wealth Management, LLC reported 274 stock positions worth $273.9 million. Its top holding was AppLovin Class A (APP) at 15.8% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.6%) and Microsoft (MSFT, 4.1%). Compared with Q2 2024, it opened 13 new positions, sold out of 16, added to 49 and reduced 78. The biggest buy was a new position in Guaranty Bancshares (GNTY) and the biggest sale Microsoft (MSFT, shares −7%).

Most Recent 13F
Q4 2025
Location
ADDISON, TX
CIK
0002015822
Portfolio Value
$273.9M (Q3 2024)
SEC Filing
0001398344-24-020522 ↗ filed Nov 12, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $246.2M Q1 2024 Q2 2024: $267.4M Q2 2024 Q3 2024: $273.9M $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 274 stocks · $273.9M
APP AppLovin Corp. Class A 15.82% 331,924 $43.3M Reduce -4.9%
QQQ Invesco QQQ Trust Series 1 4.57% 25,679 $12.5M Reduce -5.5%
MSFT Microsoft Corp. 4.14% 26,348 $11.3M Reduce -6.5%
NVDA Nvidia Corp. 2.58% 58,090 $7.1M Reduce -4.8%
XSD SS SPDR S&P Semiconductor 2.54% 28,897 $6.9M Reduce -5.6%
SPY SS SPDR S&P 500 ETF Trust-US 2.50% 11,939 $6.8M Reduce -0.6%
AAPL Apple Inc. 2.44% 28,828 $6.7M Reduce -8.0%
AVGO Broadcom Inc. 2.35% 37,285 $6.4M Add +0.1%
MPC Marathon Petroleum Corp. 1.32% 22,145 $3.6M Reduce -5.6%
VUG Vanguard Mrngstar GR ETF-Sui 1.25% 8,946 $3.4M Add +2.4%
OKE Oneok Inc. 1.22% 36,800 $3.3M Reduce -0.1%
CNQ Canadian Natural Resources 1.21% 99,558 $3.3M Reduce -9.5%
BRK.B Berkshire Hathaway Inc. Class B 1.20% 7,166 $3.3M Add +3.6%
ETN Eaton Corp. PLC 1.19% 9,835 $3.2M No change
QTEC First Trust Nasdq 100 Tech I 1.15% 16,526 $3.2M Reduce -14.9%
DIVO Amplify CWP Enhan Divid ETF 1.13% 75,245 $3.1M Add +0.0%
FDN First Trust DJ Internet Ind 1.08% 14,033 $3.0M Reduce -10.7%
CALF PCR US SM CP CSH CWS ETF-Usd 1.05% 61,958 $2.9M Add +0.7%
HD Home Depot Inc. 0.98% 6,647 $2.7M Reduce -9.8%
WMT Walmart Inc. 0.95% 32,352 $2.6M No change
ABBV Abbvie Inc. 0.94% 13,145 $2.6M Reduce -2.2%
USMV iShares MSCI USA Min Vol Fac 0.84% 25,297 $2.3M Reduce -2.6%
UNH Unitedhealth Group Inc. 0.84% 3,950 $2.3M Reduce -0.0%
AMLP Alerian MLP ETF 0.84% 48,694 $2.3M Add +1.0%
JPM JPMorgan Chase & Co. 0.84% 10,861 $2.3M Reduce -5.4%
GOOGL Alphabet Inc. Class A 0.80% 13,251 $2.2M Reduce -10.6%
MAIN Main Street Capital Corp. 0.78% 42,859 $2.1M Add +2.8%
NOBL Proshares S&P 500 Dividend A 0.76% 19,375 $2.1M No change
IGV iShares Expanded Tech-Softwa 0.71% 21,658 $1.9M Reduce -4.6%
PAVE Global X US Infrastructure 0.65% 43,428 $1.8M Add +1.5%
PDP Invesco Dorsey Wright Moment 0.64% 16,996 $1.8M Reduce -2.3%
FDUS Fidus Investment Corp. 0.63% 87,954 $1.7M Reduce -0.1%
FCG First Trust Natural Gas ETF 0.63% 72,290 $1.7M Reduce -6.9%
TXN Texas Instruments Inc. 0.63% 8,290 $1.7M Add +0.1%
PJP Invesco Pharmaceuticals ETF 0.62% 19,631 $1.7M No change
AMZN Amazon.com Inc. 0.61% 8,950 $1.7M Reduce -24.8%
UNP Union Pacific Corp. 0.61% 6,740 $1.7M No change
GLD SPDR Gold Shares 0.60% 6,810 $1.7M Reduce -1.1%
MCK McKesson Corp. 0.60% 3,356 $1.7M Add +6.2%
XRLV Invesco S&P 500 Ex-Rate Sens 0.58% 29,267 $1.6M No change
CVY Invesco Zacks Multi-Asset Inc. 0.55% 58,037 $1.5M Reduce -0.9%
DFAC Dimensional US Core Equity 2 0.55% 43,915 $1.5M No change
XAR SS SPDR S&P Aerospace Def 0.55% 9,571 $1.5M Reduce -10.4%
V Visa Inc. Class A 0.55% 5,469 $1.5M Reduce -15.9%
TXRH Texas Roadhouse Inc. 0.54% 8,366 $1.5M Reduce -17.8%
CTAS Cintas Corp. 0.54% 7,196 $1.5M No change
EMLP First Trust North American E 0.53% 43,380 $1.5M Reduce 0.0%
SPLV Invesco S&P 500 Low Volatili 0.48% 18,498 $1.3M No change
PPA Invesco Aerospace & Defense 0.48% 11,444 $1.3M Add +3.4%
VLO Valero Energy Corp. 0.48% 9,735 $1.3M Reduce -24.1%
NLR Vaneck Urani & Nuclr ETF-Usd 0.47% 15,540 $1.3M Reduce -0.2%
KXI iShares Global Consumer Stap 0.46% 19,208 $1.3M Reduce -4.9%
PSCH Invesco S&P Smallcap Health 0.46% 27,024 $1.2M Reduce 0.0%
SPDW Ste STR SPDR PT DW Eu ETF 0.43% 31,297 $1.2M Reduce -1.8%
PEY Invesco High Yield Equity Di 0.42% 52,499 $1.2M No change
MCD McDonald's Corp. 0.42% 3,774 $1.1M Reduce -10.2%
CME Cme Group Inc. 0.42% 5,208 $1.1M Reduce -5.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.42% 9,694 $1.1M Add +0.5%
RSP Invesco S&P 500 Equal Weight 0.41% 6,282 $1.1M No change
SLV iShares Silver Trust 0.41% 38,950 $1.1M Add +8.0%
SMH Vaneck Semiconductor ETF 0.39% 4,391 $1.1M Reduce -3.9%
HACK Amplify Cybersecurity ETF 0.38% 15,374 $1.0M Reduce -27.6%
ON On Semiconductor 0.38% 14,235 $1.0M Reduce -6.7%
COR Cencora Inc. 0.38% 4,635 $1.0M Add +18.9%
AMD Advanced Micro Devices 0.38% 6,342 $1.0M No change
FLOT iShares Floating Rate Bond E 0.37% 19,836 $1.0M Add +43.1%
LLY Eli Lilly & Co. 0.37% 1,142 $1.0M Add +11.2%
CP Canadian Pacific Kansas City 0.37% 11,731 $1.0M Reduce -18.8%
ICE Intercontinental Exchange Inc. 0.36% 6,142 $984K Reduce -22.2%
XOM Exxon Mobil Corp. 0.36% 8,325 $973K Reduce -19.2%
ADP Automatic Data Processing 0.35% 3,475 $958K No change
CLH Clean Harbors Inc. 0.35% 3,965 $957K Reduce -9.6%
RF Regions Financial Corp. 0.35% 40,998 $956K No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.34% 20,679 $944K Add +5.9%
MSI Motorola Solutions Inc. 0.34% 2,095 $939K Add +0.7%
PRI Primerica Inc. 0.32% 3,270 $865K No change
FLNG Flex LNG Ltd. 0.31% 33,623 $862K Reduce -18.7%
MPWR Monolithic Power Systems Inc. 0.31% 932 $862K Reduce -44.4%
TYG Tortoise Energy Infrastruct 0.31% 21,293 $836K Add +0.5%
MRK Merck & Co. Inc. 0.30% 7,355 $835K Add +1.0%
BR Broadridge Financial Solutio 0.29% 3,655 $784K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.28% 14,129 $773K Add +1.1%
HEI Heico Corp. 0.28% 2,900 $758K Add +3.6%
URA Global X Uranium ETF 0.28% 26,425 $756K Reduce -0.8%
PG The Procter & Gamble Co. 0.26% 4,185 $726K No change
ABT Abbott Laboratories 0.26% 6,290 $714K Reduce -0.2%
RJF Raymond James Financial Inc. 0.26% 5,803 $711K No change
MOAT Vaneck Morningstar Wide Moat 0.26% 7,256 $703K No change
SPYV SS SPDR P S&P 500 Value ETF 0.25% 13,017 $687K Add +3.9%
NEE Nextera Energy Inc. 0.25% 8,122 $687K Add +1.3%
KKR KKR & Co. Inc. 0.25% 5,150 $672K Add +10.8%
LMT Lockheed Martin Corp. 0.25% 1,150 $672K No change
ITA iShares U.S. Aerospace & Def 0.23% 4,307 $641K No change
IBB iShares Biotechnology ETF 0.23% 4,404 $641K Reduce -0.0%
GNTY Guaranty Bancshares Inc. 0.23% 18,360 $631K New
MUSA Murphy USA Inc. 0.23% 1,250 $624K No change
XLV SS Health Care Select Sector 0.22% 3,938 $604K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.22% 3,588 $601K No change
DVY iShares Select Dividend ETF 0.22% 4,385 $592K Reduce -8.9%
CVX Chevron Corp. 0.21% 3,992 $588K No change

Show all 274 holdings

Options reported separately and not counted above: CB calls ($1.2M), TT calls ($352K), ASML calls ($333K), MLEC calls ($22K).

Portfolio Sells Q2 2024 → Q3 2024
MSFT Microsoft Corp. Reduce -6.5% 4.14% −0.65
XSD SS SPDR S&P Semiconductor Reduce -5.6% 2.54% −0.51
QQQ Invesco QQQ Trust Series 1 Reduce -5.5% 4.57% −0.45
CB Chubb Ltd. Sold out 0.00% −0.40
NVDA Nvidia Corp. Reduce -4.8% 2.58% −0.36
QTEC First Trust Nasdq 100 Tech I Reduce -14.9% 1.15% −0.33
CNQ Canadian Natural Resources Reduce -9.5% 1.21% −0.26
AMZN Amazon.com Inc. Reduce -24.8% 0.61% −0.26
AAPL Apple Inc. Reduce -8.0% 2.44% −0.25
VLO Valero Energy Corp. Reduce -24.1% 0.48% −0.23
GOOGL Alphabet Inc. Class A Reduce -10.6% 0.80% −0.23
BX Blackstone Inc. Sold out 0.00% −0.22
MPWR Monolithic Power Systems Inc. Reduce -44.4% 0.31% −0.22
URNJ Sprott Jr Uranium Miners ETF Sold out 0.00% −0.18
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.16
FCG First Trust Natural Gas ETF Reduce -6.9% 0.63% −0.15
HACK Amplify Cybersecurity ETF Reduce -27.6% 0.38% −0.14
MPC Marathon Petroleum Corp. Reduce -5.6% 1.32% −0.13
IR Ingersoll-Rand Inc. Sold out 0.00% −0.13
FDN First Trust DJ Internet Ind Reduce -10.7% 1.08% −0.12
STLD Steel Dynamics Inc. Sold out 0.00% −0.10
BTT BlackRock 2030 Muni TRGT TRM Sold out 0.00% −0.10
TXRH Texas Roadhouse Inc. Reduce -17.8% 0.54% −0.10
TT Trane Technologies PLC Sold out 0.00% −0.10
EWW iShares MSCI Mexico ETF Sold out 0.00% −0.10
V Visa Inc. Class A Reduce -15.9% 0.55% −0.09
XT Ishar Fture Exp Tech ETF-Usd Reduce -29.3% 0.21% −0.09
ELF Elf Beauty Inc. Sold out 0.00% −0.09
FLNG Flex LNG Ltd. Reduce -18.7% 0.31% −0.09
DIS The Walt Disney Co. Sold out 0.00% −0.09
NOG Northern Oil and Gas Inc. Sold out 0.00% −0.09
CP Canadian Pacific Kansas City Reduce -18.8% 0.37% −0.08
XOM Exxon Mobil Corp. Reduce -19.2% 0.36% −0.08
ICE Intercontinental Exchange Inc. Reduce -22.2% 0.36% −0.08
SMH Vaneck Semiconductor ETF Reduce -3.9% 0.39% −0.07
RSG Republic Services Inc. Reduce -25.3% 0.17% −0.06
FBT First Trust Nyse Arca Biotec Reduce -41.5% 0.09% −0.06
SRE Sempra Reduce -39.6% 0.10% −0.06
IWO iShares Russell 2000 Growth Sold out 0.00% −0.05
XME SS SPDR S&P Metals Mining Reduce -20.8% 0.18% −0.05
ON On Semiconductor Reduce -6.7% 0.38% −0.05
JPM JPMorgan Chase & Co. Reduce -5.4% 0.84% −0.05
JNJ Johnson & Johnson Reduce -22.7% 0.21% −0.05
IGV iShares Expanded Tech-Softwa Reduce -4.6% 0.71% −0.03
URA Global X Uranium ETF Reduce -0.8% 0.28% −0.03
PXE Invesco Energy Exploration Reduce -2.7% 0.20% −0.03
FV First Trust DW Focus 5 Fund Reduce -12.6% 0.19% −0.03
NVO Novo-Nordisk A/S-Spons ADR Reduce -6.5% 0.11% −0.03
XOP SS SPDR S&P Og Exp & Prod Reduce -34.8% 0.04% −0.03
XAR SS SPDR S&P Aerospace Def Reduce -10.4% 0.55% −0.02

Portfolio Buys Q2 2024 → Q3 2024
GNTY Guaranty Bancshares Inc. New 0.23% +0.23
FPE FT-Preferred Secur & Inc. ETF New 0.18% +0.18
CSW CSW Industrials Inc. New 0.18% +0.18
SPIB SS SPDR P Int C Corp. ETF Add +158.8% 0.21% +0.13
VTV Vanguard Mrngstr Val ETF-Aui New 0.11% +0.11
BRK.B Berkshire Hathaway Inc. Class B Add +3.6% 1.20% +0.11
FLOT iShares Floating Rate Bond E Add +43.1% 0.37% +0.11
SHLD Global X Defense Tech ETF New 0.09% +0.09
IBM Intl Business Machines Corp. New 0.08% +0.08
XGDVX Gabelli Dividend & Income TR New 0.08% +0.08
AVAV Aerovironment Inc. New 0.07% +0.07
BXSL Blackstone Secured Lending F New 0.07% +0.07
COR Cencora Inc. Add +18.9% 0.38% +0.06
MTUM iShares MSCI USA Momentum Fa New 0.05% +0.05
KKR KKR & Co. Inc. Add +10.8% 0.25% +0.05
PFF iShares Preferred & Income S Add +415.0% 0.06% +0.05
PPA Invesco Aerospace & Defense Add +3.4% 0.48% +0.05
META Meta Platforms Inc. Class A Add +19.2% 0.18% +0.04
LHX L3HARRIS Technologies Inc. Add +35.0% 0.17% +0.04
EEM iShares MSCI Emerging Market Add +34.3% 0.17% +0.04
PAVE Global X US Infrastructure Add +1.5% 0.65% +0.04
SPYD SS SPDR P S&P 500 Hi Div ETF Add +5.9% 0.34% +0.04
MSI Motorola Solutions Inc. Add +0.7% 0.34% +0.04
HEI Heico Corp. Add +3.6% 0.28% +0.04
CALF PCR US SM CP CSH CWS ETF-Usd Add +0.7% 1.05% +0.03
UTF Cohen & Steers Infrastructur Add +8.1% 0.19% +0.03
SLV iShares Silver Trust Add +8.0% 0.41% +0.02
NEE Nextera Energy Inc. Add +1.3% 0.25% +0.02
DIVO Amplify CWP Enhan Divid ETF Add +0.0% 1.13% +0.02
TYG Tortoise Energy Infrastruct Add +0.5% 0.31% +0.02
CCJ Cameco Corp. Add +29.1% 0.15% +0.02
SPYV SS SPDR P S&P 500 Value ETF Add +3.9% 0.25% +0.02
QUAL iShares MSCI USA Quality Fac New 0.01% +0.01
BSX Boston Scientific Corp. Add +1.5% 0.21% +0.01
VNQ Vanguard Real Estate ETF Add +9.9% 0.08% +0.01
VLUE iShares MSCI USA Value Facto New 0.01% +0.01
XLU St Sr Utl SL SE SPDR ETF-Usd Add +300.0% 0.01% +0.01
PRN Invesco Dorsey Wright Indus Add +12.9% 0.05% +0.01
PGF Invesco Financial Preferred Add +5.3% 0.13% +0.01
LLY Eli Lilly & Co. Add +11.2% 0.37% +0.01
SPMD SS SPDR P S&P 400 Midcap ETF Add +1.1% 0.28% +0.01
XSMO Invesco S&P Smallcap Momentu New 0.00% +0.00
SPTM SS SPDR P S&P 1500 Comp ETF Add +11.7% 0.04% +0.00
TJX TJX Companies Inc. Add +0.5% 0.42% +0.00
IGE iShares North American Natur Add +32.5% 0.01% +0.00
APO Apollo Global Management Inc. Add +0.1% 0.08% +0.00
FEZ State Street SPDR Euro Stoxx Add +1.2% 0.17% +0.00
SSUS Day Hagan Smart Sector ETF Add +0.2% 0.14% +0.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +20.0% 0.00% +0.00
TXN Texas Instruments Inc. Add +0.1% 0.63% +0.00

Options Activity Q2 2024 → Q3 2024
CB Chubb Ltd. call New 4,303 $1.2M
TT Trane Technologies PLC call New 904 $352K
ASML ASML Holding NV-NY Reg SHS call New 400 $333K
MLEC Moolec Science SA call New 25,000 $22K

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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