MGB Wealth Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 29, 2025), MGB Wealth Management, LLC reported 286 stock positions worth $322.2 million. Its top holding was AppLovin Class A (APP) at 24.1% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.4%) and Microsoft (MSFT, 3.5%). Compared with Q3 2024, it opened 28 new positions, sold out of 16, added to 108 and reduced 41. The biggest buy was Broadcom (AVGO, shares +1%) and the biggest sale Marathon Petroleum (MPC, shares −22%).
- Most Recent 13F
- Q4 2025
- Location
- ADDISON, TX
- CIK
- 0002015822
- Portfolio Value
- $322.2M (Q4 2024)
- SEC Filing
- 0001398344-25-001402 ↗ filed Jan 29, 2025
Holdings Value
Holdings 286 stocks · $322.2M
| APP AppLovin Corp. Class A | 24.08% | 239,616 | $77.6M | Reduce -27.8% |
| QQQ Invesco QQQ Trust Series 1 | 4.45% | 27,991 | $14.3M | Add +9.0% |
| MSFT Microsoft Corp. | 3.53% | 26,925 | $11.4M | Add +2.2% |
| AVGO Broadcom Inc. | 2.73% | 37,796 | $8.8M | Add +1.4% |
| XSD SS SPDR S&P Semiconductor | 2.55% | 32,994 | $8.2M | Add +14.2% |
| NVDA Nvidia Corp. | 2.53% | 60,176 | $8.1M | Add +3.6% |
| AAPL Apple Inc. | 2.42% | 31,110 | $7.8M | Add +7.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.22% | 12,193 | $7.2M | Add +2.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.17% | 9,155 | $3.8M | Add +2.3% |
| OKE Oneok Inc. | 1.16% | 37,144 | $3.7M | Add +0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 7,569 | $3.4M | Add +5.6% |
| FDN First Trust DJ Internet Ind | 1.06% | 14,033 | $3.4M | No change |
| ETN Eaton Corp. PLC | 1.01% | 9,835 | $3.3M | No change |
| CNQ Canadian Natural Resources | 0.95% | 99,578 | $3.1M | Add +0.0% |
| DIVO Amplify CWP Enhan Divid ETF | 0.95% | 75,411 | $3.1M | Add +0.2% |
| QTEC First Trust Nasdq 100 Tech I | 0.95% | 16,176 | $3.0M | Reduce -2.1% |
| WMT Walmart Inc. | 0.94% | 33,626 | $3.0M | Add +3.9% |
| AMLP Alerian MLP ETF | 0.88% | 59,155 | $2.8M | Add +21.5% |
| MAIN Main Street Capital Corp. | 0.86% | 47,359 | $2.8M | Add +10.5% |
| JPM JPMorgan Chase & Co. | 0.85% | 11,368 | $2.7M | Add +4.7% |
| GOOGL Alphabet Inc. Class A | 0.82% | 13,934 | $2.6M | Add +5.2% |
| HD Home Depot Inc. | 0.81% | 6,741 | $2.6M | Add +1.4% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.80% | 58,429 | $2.6M | Reduce -5.7% |
| IGV iShares Expanded Tech-Softwa | 0.75% | 24,240 | $2.4M | Add +11.9% |
| ABBV Abbvie Inc. | 0.75% | 13,638 | $2.4M | Add +3.8% |
| MPC Marathon Petroleum Corp. | 0.75% | 17,315 | $2.4M | Reduce -21.8% |
| GLD SPDR Gold Shares | 0.71% | 9,428 | $2.3M | Add +38.4% |
| USMV iShares MSCI USA Min Vol Fac | 0.70% | 25,297 | $2.2M | No change |
| AMZN Amazon.com Inc. | 0.70% | 10,217 | $2.2M | Add +14.2% |
| PDP Invesco Dorsey Wright Moment | 0.63% | 18,896 | $2.0M | Add +11.2% |
| MCK McKesson Corp. | 0.60% | 3,395 | $1.9M | Add +1.2% |
| NOBL Proshares S&P 500 Dividend A | 0.60% | 19,375 | $1.9M | No change |
| FDUS Fidus Investment Corp. | 0.57% | 87,954 | $1.8M | No change |
| PAVE Global X US Infrastructure | 0.57% | 45,302 | $1.8M | Add +4.3% |
| V Visa Inc. Class A | 0.57% | 5,774 | $1.8M | Add +5.6% |
| PJP Invesco Pharmaceuticals ETF | 0.56% | 21,976 | $1.8M | Add +11.9% |
| FCG First Trust Natural Gas ETF | 0.55% | 72,182 | $1.8M | Reduce -0.1% |
| CVY Invesco Zacks Multi-Asset Inc. | 0.52% | 66,548 | $1.7M | Add +14.7% |
| XAR SS SPDR S&P Aerospace Def | 0.49% | 9,521 | $1.6M | Reduce -0.5% |
| TXN Texas Instruments Inc. | 0.48% | 8,295 | $1.6M | Add +0.1% |
| XRLV Invesco S&P 500 Ex-Rate Sens | 0.48% | 29,267 | $1.6M | No change |
| EMLP First Trust North American E | 0.48% | 43,381 | $1.5M | Add +0.0% |
| TXRH Texas Roadhouse Inc. | 0.48% | 8,518 | $1.5M | Add +1.8% |
| LLY Eli Lilly & Co. | 0.47% | 1,947 | $1.5M | Add +70.5% |
| UNH Unitedhealth Group Inc. | 0.44% | 2,793 | $1.4M | Reduce -29.3% |
| PPA Invesco Aerospace & Defense | 0.44% | 12,256 | $1.4M | Add +7.1% |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.42% | 16,673 | $1.4M | Add +7.3% |
| CTAS Cintas Corp. | 0.41% | 7,248 | $1.3M | Add +0.7% |
| SMH Vaneck Semiconductor ETF | 0.41% | 5,379 | $1.3M | Add +22.5% |
| SPLV Invesco S&P 500 Low Volatili | 0.40% | 18,498 | $1.3M | No change |
| DFAC Dimensional US Core Equity 2 | 0.40% | 36,915 | $1.3M | Reduce -15.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.39% | 10,331 | $1.2M | Add +6.6% |
| HACK Amplify Cybersecurity ETF | 0.38% | 16,503 | $1.2M | Add +7.3% |
| CB Chubb Ltd. | 0.38% | 4,406 | $1.2M | New |
| CME Cme Group Inc. | 0.37% | 5,200 | $1.2M | Reduce -0.1% |
| PSCH Invesco S&P Smallcap Health | 0.37% | 27,025 | $1.2M | Add +0.0% |
| VLO Valero Energy Corp. | 0.36% | 9,575 | $1.2M | Reduce -1.6% |
| KXI iShares Global Consumer Stap | 0.36% | 19,337 | $1.2M | Add +0.7% |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.35% | 3,301 | $1.1M | New |
| PEY Invesco High Yield Equity Di | 0.35% | 52,499 | $1.1M | No change |
| MCD McDonald's Corp. | 0.35% | 3,843 | $1.1M | Add +1.8% |
| RSP Invesco S&P 500 Equal Weight | 0.34% | 6,275 | $1.1M | Reduce -0.1% |
| CLH Clean Harbors Inc. | 0.34% | 4,763 | $1.1M | Add +20.1% |
| COR Cencora Inc. | 0.33% | 4,759 | $1.1M | Add +2.7% |
| ADP Automatic Data Processing | 0.32% | 3,573 | $1.0M | Add +2.8% |
| MSI Motorola Solutions Inc. | 0.32% | 2,210 | $1.0M | Add +5.5% |
| FLOT iShares Floating Rate Bond E | 0.31% | 19,508 | $992K | Reduce -1.6% |
| TYG Tortoise Energy Infrastruct | 0.30% | 23,037 | $968K | Add +8.2% |
| RF Regions Financial Corp. | 0.30% | 40,998 | $964K | No change |
| XOM Exxon Mobil Corp. | 0.30% | 8,946 | $957K | Add +7.5% |
| MOAT Vaneck Morningstar Wide Moat | 0.29% | 10,184 | $944K | Add +40.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.29% | 27,264 | $931K | Reduce -12.9% |
| ICE Intercontinental Exchange Inc. | 0.29% | 6,238 | $930K | Add +1.6% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.28% | 21,020 | $909K | Add +1.6% |
| APO Apollo Global Management Inc. | 0.28% | 5,398 | $892K | Add +212.0% |
| RJF Raymond James Financial Inc. | 0.27% | 5,703 | $886K | Reduce -1.7% |
| PRI Primerica Inc. | 0.27% | 3,270 | $885K | No change |
| BR Broadridge Financial Solutio | 0.26% | 3,770 | $852K | Add +3.1% |
| KKR KKR & Co. Inc. | 0.26% | 5,712 | $845K | Add +10.9% |
| BFST Business First Bancshares | 0.26% | 32,733 | $841K | New |
| PG The Procter & Gamble Co. | 0.24% | 4,678 | $783K | Add +11.8% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.24% | 14,190 | $776K | Add +0.4% |
| DRI Darden Restaurants Inc. | 0.23% | 4,050 | $756K | Add +16.7% |
| COIN Coinbase Global Inc. Class A | 0.23% | 2,972 | $740K | New |
| SLV iShares Silver Trust | 0.23% | 27,948 | $737K | Reduce -28.3% |
| ABT Abbott Laboratories | 0.22% | 6,281 | $710K | Reduce -0.1% |
| TMUS T-Mobile US Inc. | 0.21% | 3,131 | $691K | Add +14.5% |
| HEI Heico Corp. | 0.21% | 2,900 | $690K | No change |
| META Meta Platforms Inc. Class A | 0.21% | 1,166 | $684K | Add +34.0% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.21% | 13,070 | $668K | Add +0.4% |
| BXSL Blackstone Secured Lending F | 0.20% | 20,021 | $647K | Add +186.0% |
| GNTY Guaranty Bancshares Inc. | 0.20% | 18,360 | $635K | No change |
| BSX Boston Scientific Corp. | 0.20% | 7,073 | $633K | Add +3.9% |
| CP Canadian Pacific Kansas City | 0.20% | 8,751 | $631K | Reduce -25.4% |
| ITA iShares U.S. Aerospace & Def | 0.19% | 4,307 | $627K | No change |
| MUSA Murphy USA Inc. | 0.19% | 1,250 | $625K | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.18% | 5,370 | $591K | Add +140.5% |
| URA Global X Uranium ETF | 0.18% | 21,858 | $585K | Reduce -17.3% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.18% | 13,021 | $585K | Add +0.9% |
| NEE Nextera Energy Inc. | 0.18% | 8,122 | $582K | No change |
Portfolio Sells Q3 2024 → Q4 2024
| MPC Marathon Petroleum Corp. | Reduce -21.8% | 0.75% | −0.57 |
| UNP Union Pacific Corp. | Reduce -77.0% | 0.11% | −0.50 |
| UNH Unitedhealth Group Inc. | Reduce -29.3% | 0.44% | −0.40 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.30 |
| ON On Semiconductor | Reduce -57.0% | 0.12% | −0.26 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Reduce -5.7% | 0.80% | −0.25 |
| MPWR Monolithic Power Systems Inc. | Reduce -46.4% | 0.09% | −0.22 |
| AMD Advanced Micro Devices | Reduce -33.7% | 0.16% | −0.22 |
| FLNG Flex LNG Ltd. | Reduce -56.6% | 0.10% | −0.21 |
| QTEC First Trust Nasdq 100 Tech I | Reduce -2.1% | 0.95% | −0.21 |
| SLV iShares Silver Trust | Reduce -28.3% | 0.23% | −0.18 |
| FEZ State Street SPDR Euro Stoxx | Sold out | 0.00% | −0.17 |
| CP Canadian Pacific Kansas City | Reduce -25.4% | 0.20% | −0.17 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.17 |
| EEM iShares MSCI Emerging Market | Sold out | 0.00% | −0.17 |
| DFAC Dimensional US Core Equity 2 | Reduce -15.9% | 0.40% | −0.15 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -12.9% | 0.29% | −0.14 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.14 |
| XES SS SPDR S&P Og Eqp & Serv | Sold out | 0.00% | −0.13 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -49.9% | 0.09% | −0.13 |
| PXE Invesco Energy Exploration | Reduce -58.8% | 0.07% | −0.13 |
| IBB iShares Biotechnology ETF | Reduce -36.4% | 0.11% | −0.12 |
| VLO Valero Energy Corp. | Reduce -1.6% | 0.36% | −0.12 |
| URA Global X Uranium ETF | Reduce -17.3% | 0.18% | −0.09 |
| LHX L3HARRIS Technologies Inc. | Reduce -38.9% | 0.08% | −0.09 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.09 |
| JNJ Johnson & Johnson | Reduce -24.5% | 0.12% | −0.09 |
| HAL Halliburton Co. | Reduce -21.0% | 0.13% | −0.08 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.08 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.08 |
| FCG First Trust Natural Gas ETF | Reduce -0.1% | 0.55% | −0.08 |
| AVAV Aerovironment Inc. | Sold out | 0.00% | −0.07 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.07 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.1% | 0.34% | −0.07 |
| FLOT iShares Floating Rate Bond E | Reduce -1.6% | 0.31% | −0.06 |
| XAR SS SPDR S&P Aerospace Def | Reduce -0.5% | 0.49% | −0.06 |
| CVX Chevron Corp. | Reduce -12.6% | 0.16% | −0.06 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.05 |
| CME Cme Group Inc. | Reduce -0.1% | 0.37% | −0.04 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.22% | −0.04 |
| JEPI JPMorgan Equity Premium Inco | Reduce -10.8% | 0.07% | −0.03 |
| FV First Trust DW Focus 5 Fund | Reduce -0.1% | 0.16% | −0.03 |
| FLTR Vaneck Ig Floating Rate ETF | Reduce -7.2% | 0.06% | −0.02 |
| JFR Nuveen Floating Rate Income | Reduce -15.4% | 0.03% | −0.01 |
| RIGS Alps Strategic Income Fund | Reduce -28.2% | 0.01% | −0.01 |
| IYK iShares US Consumer Staples | Reduce -2.7% | 0.03% | −0.01 |
| KRE SS SPDR S&P Regional Bank | Reduce -2.8% | 0.06% | −0.01 |
| PXI Invesco Dorsey Wright Energy | Sold out | 0.00% | −0.01 |
| ILF iShares Latin America 40 ETF | Sold out | 0.00% | −0.01 |
| BRC INC-A | Reduce -11.7% | 0.01% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| AVGO Broadcom Inc. | Add +1.4% | 2.73% | +0.38 |
| CB Chubb Ltd. | New | 0.38% | +0.38 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | New | 0.35% | +0.35 |
| BFST Business First Bancshares | New | 0.26% | +0.26 |
| COIN Coinbase Global Inc. Class A | New | 0.23% | +0.23 |
| APO Apollo Global Management Inc. | Add +212.0% | 0.28% | +0.20 |
| TT Trane Technologies PLC | New | 0.14% | +0.14 |
| BXSL Blackstone Secured Lending F | Add +186.0% | 0.20% | +0.13 |
| XLI SS Industrial Select Sector | New | 0.11% | +0.11 |
| GLD SPDR Gold Shares | Add +38.4% | 0.71% | +0.10 |
| NFLX Netflix Inc. | New | 0.10% | +0.10 |
| LLY Eli Lilly & Co. | Add +70.5% | 0.47% | +0.10 |
| TSLA Tesla Inc. | New | 0.10% | +0.10 |
| SHV iShares 0-1 Year Treasury Bo | Add +140.5% | 0.18% | +0.09 |
| EVR Evercore Inc. Class A | New | 0.09% | +0.09 |
| AMZN Amazon.com Inc. | Add +14.2% | 0.70% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | New | 0.09% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.09% | +0.09 |
| JLL Jones Lang Lasalle Inc. | New | 0.08% | +0.08 |
| MA Mastercard Inc. Class A | New | 0.08% | +0.08 |
| ALL Allstate Corp. | New | 0.08% | +0.08 |
| NZF Nuveen Municipal Credit Inc. | New | 0.08% | +0.08 |
| IT Gartner Inc. | New | 0.08% | +0.08 |
| MAIN Main Street Capital Corp. | Add +10.5% | 0.86% | +0.08 |
| DWLD Davis Select Worldwide ETF | New | 0.07% | +0.07 |
| FTNT Fortinet Inc. | New | 0.07% | +0.07 |
| APH Amphenol Corp. Class A | New | 0.07% | +0.07 |
| SHLD Global X Defense Tech ETF | Add +104.1% | 0.16% | +0.07 |
| EMR Emerson Electric Co. | New | 0.06% | +0.06 |
| IGV iShares Expanded Tech-Softwa | Add +11.9% | 0.75% | +0.05 |
| AMLP Alerian MLP ETF | Add +21.5% | 0.88% | +0.05 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +67.0% | 0.16% | +0.04 |
| PFF iShares Preferred & Income S | Add +104.5% | 0.10% | +0.04 |
| COST Costco Wholesale Corp. | Add +51.1% | 0.15% | +0.04 |
| MOAT Vaneck Morningstar Wide Moat | Add +40.4% | 0.29% | +0.04 |
| GOOG Alphabet Inc. Class C | Add +60.6% | 0.09% | +0.03 |
| META Meta Platforms Inc. Class A | Add +34.0% | 0.21% | +0.03 |
| DRI Darden Restaurants Inc. | Add +16.7% | 0.23% | +0.03 |
| KIE SS SPDR S&P Insurance ETF | New | 0.02% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +5.2% | 0.82% | +0.02 |
| V Visa Inc. Class A | Add +5.6% | 0.57% | +0.02 |
| KKR KKR & Co. Inc. | Add +10.9% | 0.26% | +0.02 |
| SMH Vaneck Semiconductor ETF | Add +22.5% | 0.41% | +0.01 |
| PHO Invesco Water Resources ETF | Add +93.3% | 0.03% | +0.01 |
| ACN Accenture PLC Class A | Add +27.6% | 0.12% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +4.7% | 0.85% | +0.01 |
| XSD SS SPDR S&P Semiconductor | Add +14.2% | 2.55% | +0.01 |
| MLPX Global X MLP & Energy Infras | New | 0.01% | +0.01 |
| TMUS T-Mobile US Inc. | Add +14.5% | 0.21% | +0.01 |
| DGRO iShares Core Dividend Growth | Add +92.4% | 0.02% | +0.01 |
Options Activity Q3 2024 → Q4 2024
| CB Chubb Ltd. | call | Sold out | 4,303 | $1.2Mbefore exit |
| TT Trane Technologies PLC | call | Sold out | 904 | $352Kbefore exit |
| ASML ASML Holding NV-NY Reg SHS | call | Sold out | 400 | $333Kbefore exit |
| MLEC Moolec Science SA | call | Sold out | 25,000 | $22Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 308 | $349.6M | APP, QQQ, MSFT, SPY, AVGO |
| Q3 2025 | 313 | $354.0M | APP, QQQ, MSFT, AVGO, SPY |
| Q2 2025 | 305 | $303.5M | APP, QQQ, MSFT, SPY, AVGO |
| Q1 2025 | 292 | $276.5M | APP, QQQ, MSFT, SPY, AAPL |
| Q4 2024 | 286 | $322.2M | APP, QQQ, MSFT, AVGO, XSD |
| Q3 2024 | 274 | $273.9M | APP, QQQ, MSFT, NVDA, XSD |
| Q2 2024 | 277 | $267.4M | APP, QQQ, MSFT, XSD, NVDA |
| Q1 2024 | 264 | $246.2M | APP, QQQ, MSFT, XSD, SPY |