MGB Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 9, 2025), MGB Wealth Management, LLC reported 292 stock positions worth $276.5 million. Its top holding was AppLovin Class A (APP) at 10.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 4.8%) and Microsoft (MSFT, 3.7%). Compared with Q4 2024, it opened 24 new positions, sold out of 18, added to 109 and reduced 64. The biggest buy was Main Street Capital (MAIN, shares +102%) and the biggest sale AppLovin Class A (APP, shares −54%).
- Most Recent 13F
- Q4 2025
- Location
- ADDISON, TX
- CIK
- 0002015822
- Portfolio Value
- $276.5M (Q1 2025)
- SEC Filing
- 0001398344-25-009094 ↗ filed May 9, 2025
Holdings Value
Holdings 292 stocks · $276.5M
| APP AppLovin Corp. Class A | 10.51% | 109,616 | $29.0M | Reduce -54.3% |
| QQQ Invesco QQQ Trust Series 1 | 4.78% | 28,194 | $13.2M | Add +0.7% |
| MSFT Microsoft Corp. | 3.68% | 27,063 | $10.2M | Add +0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.75% | 13,642 | $7.6M | Add +11.9% |
| AAPL Apple Inc. | 2.52% | 31,429 | $7.0M | Add +1.0% |
| NVDA Nvidia Corp. | 2.37% | 60,273 | $6.6M | Add +0.2% |
| XSD SS SPDR S&P Semiconductor | 2.36% | 32,552 | $6.5M | Reduce -1.3% |
| AVGO Broadcom Inc. | 2.28% | 37,590 | $6.3M | Reduce -0.6% |
| MAIN Main Street Capital Corp. | 1.99% | 95,566 | $5.5M | Add +101.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.50% | 7,846 | $4.2M | Add +3.7% |
| AMLP Alerian MLP ETF | 1.44% | 76,598 | $4.0M | Add +29.5% |
| JPM JPMorgan Chase & Co. | 1.18% | 13,332 | $3.3M | Add +17.3% |
| DIVO Amplify CWP Enhan Divid ETF | 1.15% | 77,927 | $3.2M | Add +3.3% |
| FDN First Trust DJ Internet Ind | 1.13% | 14,033 | $3.1M | No change |
| WMT Walmart Inc. | 1.13% | 35,543 | $3.1M | Add +5.7% |
| EFA iShares MSCI Eafe ETF | 1.08% | 36,451 | $3.0M | Add +3125.8% |
| GLD SPDR Gold Shares | 1.06% | 10,210 | $2.9M | Add +8.3% |
| ABBV Abbvie Inc. | 1.04% | 13,834 | $2.9M | Add +1.4% |
| QTEC First Trust Nasdq 100 Tech I | 1.02% | 16,176 | $2.8M | No change |
| ETN Eaton Corp. PLC | 0.95% | 9,677 | $2.6M | Reduce -1.6% |
| MCK McKesson Corp. | 0.91% | 3,752 | $2.5M | Add +10.5% |
| MPC Marathon Petroleum Corp. | 0.91% | 17,281 | $2.5M | Reduce -0.2% |
| CNQ Canadian Natural Resources | 0.88% | 79,092 | $2.4M | Reduce -20.6% |
| HD Home Depot Inc. | 0.88% | 6,631 | $2.4M | Reduce -1.6% |
| OKE Oneok Inc. | 0.86% | 23,935 | $2.4M | Reduce -35.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.86% | 25,295 | $2.4M | Reduce -0.0% |
| IGV iShares Expanded Tech-Softwa | 0.82% | 25,558 | $2.3M | Add +5.4% |
| GOOGL Alphabet Inc. Class A | 0.82% | 14,614 | $2.3M | Add +4.9% |
| V Visa Inc. Class A | 0.82% | 6,477 | $2.3M | Add +12.2% |
| AMZN Amazon.com Inc. | 0.77% | 11,228 | $2.1M | Add +9.9% |
| PDP Invesco Dorsey Wright Moment | 0.71% | 19,621 | $2.0M | Add +3.8% |
| NOBL Proshares S&P 500 Dividend A | 0.69% | 18,551 | $1.9M | Reduce -4.3% |
| PJP Invesco Pharmaceuticals ETF | 0.66% | 21,142 | $1.8M | Reduce -3.8% |
| FDUS Fidus Investment Corp. | 0.65% | 87,954 | $1.8M | No change |
| PAVE Global X US Infrastructure | 0.63% | 45,902 | $1.7M | Add +1.3% |
| LLY Eli Lilly & Co. | 0.62% | 2,068 | $1.7M | Add +6.2% |
| CVY Invesco Zacks Multi-Asset Inc. | 0.61% | 66,548 | $1.7M | No change |
| XRLV Invesco S&P 500 Ex-Rate Sens | 0.60% | 29,265 | $1.7M | Reduce -0.0% |
| EMLP First Trust North American E | 0.59% | 43,381 | $1.6M | No change |
| FCG First Trust Natural Gas ETF | 0.56% | 62,717 | $1.6M | Reduce -13.1% |
| XAR SS SPDR S&P Aerospace Def | 0.55% | 9,521 | $1.5M | No change |
| CTAS Cintas Corp. | 0.54% | 7,245 | $1.5M | Reduce -0.0% |
| HACK Amplify Cybersecurity ETF | 0.53% | 20,505 | $1.5M | Add +24.3% |
| TXN Texas Instruments Inc. | 0.53% | 8,200 | $1.5M | Reduce -1.1% |
| SPLV Invesco S&P 500 Low Volatili | 0.53% | 19,496 | $1.5M | Add +5.4% |
| TXRH Texas Roadhouse Inc. | 0.52% | 8,618 | $1.5M | Add +1.2% |
| UNH Unitedhealth Group Inc. | 0.52% | 2,791 | $1.4M | Reduce -0.1% |
| PM Philip Morris International | 0.51% | 8,952 | $1.4M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 11,613 | $1.4M | Add +12.4% |
| PPA Invesco Aerospace & Defense | 0.50% | 11,956 | $1.4M | Reduce -2.5% |
| CME Cme Group Inc. | 0.50% | 5,197 | $1.4M | Reduce -0.1% |
| CB Chubb Ltd. | 0.49% | 4,509 | $1.4M | Add +2.3% |
| COR Cencora Inc. | 0.49% | 4,859 | $1.4M | Add +2.1% |
| BXSL Blackstone Secured Lending F | 0.48% | 40,891 | $1.3M | Add +104.2% |
| AR Antero Resources Corp. | 0.47% | 31,883 | $1.3M | New |
| VLO Valero Energy Corp. | 0.46% | 9,575 | $1.3M | No change |
| NLR Vaneck Urani & Nuclr ETF-Usd | 0.45% | 17,023 | $1.2M | Add +2.1% |
| SMH Vaneck Semiconductor ETF | 0.45% | 5,859 | $1.2M | Add +8.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.45% | 7,141 | $1.2M | Add +137.6% |
| DFAC Dimensional US Core Equity 2 | 0.44% | 36,915 | $1.2M | No change |
| ICE Intercontinental Exchange Inc. | 0.43% | 6,839 | $1.2M | Add +9.6% |
| MCD McDonald's Corp. | 0.42% | 3,725 | $1.2M | Reduce -3.1% |
| KXI iShares Global Consumer Stap | 0.41% | 17,601 | $1.1M | Reduce -9.0% |
| PEY Invesco High Yield Equity Di | 0.41% | 52,499 | $1.1M | No change |
| ADP Automatic Data Processing | 0.39% | 3,570 | $1.1M | Reduce -0.1% |
| PSCH Invesco S&P Smallcap Health | 0.39% | 24,775 | $1.1M | Reduce -8.3% |
| UTF Cohen & Steers Infrastructur | 0.38% | 42,364 | $1.1M | Add +104.9% |
| MSI Motorola Solutions Inc. | 0.38% | 2,387 | $1.0M | Add +8.0% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.37% | 23,356 | $1.0M | Add +11.1% |
| FLOT iShares Floating Rate Bond E | 0.37% | 20,087 | $1.0M | Add +3.0% |
| SLV iShares Silver Trust | 0.36% | 32,444 | $1.0M | Add +16.1% |
| BSX Boston Scientific Corp. | 0.36% | 10,024 | $1.0M | Add +41.7% |
| TYG Tortoise Energy Infrastruct | 0.36% | 23,295 | $1.0M | Add +1.1% |
| PRI Primerica Inc. | 0.36% | 3,474 | $987K | Add +6.2% |
| XOM Exxon Mobil Corp. | 0.36% | 8,303 | $985K | Reduce -7.2% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.35% | 26,438 | $966K | Reduce -3.0% |
| RSP Invesco S&P 500 Equal Weight | 0.35% | 5,525 | $957K | Reduce -11.9% |
| BR Broadridge Financial Solutio | 0.34% | 3,877 | $936K | Add +2.8% |
| XEXGX Eaton Vance Tax-Managed Glob | 0.33% | 112,644 | $919K | Add +100.0% |
| DRI Darden Restaurants Inc. | 0.33% | 4,414 | $912K | Add +9.0% |
| MOAT Vaneck Morningstar Wide Moat | 0.32% | 10,184 | $896K | No change |
| TMUS T-Mobile US Inc. | 0.32% | 3,351 | $893K | Add +7.0% |
| RF Regions Financial Corp. | 0.32% | 40,998 | $891K | No change |
| SPIB SS SPDR P Int C Corp. ETF | 0.32% | 26,790 | $890K | Add +54.0% |
| BGR BlackRock Enrgy & Res TR | 0.31% | 64,805 | $849K | Add +100.3% |
| COST Costco Wholesale Corp. | 0.30% | 879 | $831K | Add +61.6% |
| ABT Abbott Laboratories | 0.30% | 6,279 | $829K | Reduce -0.0% |
| BDJ BlackRock Enhanced Eqty DVD | 0.29% | 95,738 | $808K | Add +100.0% |
| BFST Business First Bancshares | 0.29% | 32,733 | $797K | No change |
| RJF Raymond James Financial Inc. | 0.29% | 5,703 | $792K | No change |
| HEI Heico Corp. | 0.28% | 2,900 | $775K | No change |
| APO Apollo Global Management Inc. | 0.26% | 5,314 | $728K | Reduce -1.6% |
| META Meta Platforms Inc. Class A | 0.26% | 1,241 | $715K | Add +6.4% |
| GNTY Guaranty Bancshares Inc. | 0.26% | 17,576 | $709K | Reduce -4.3% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.26% | 13,822 | $707K | Reduce -2.6% |
| PG The Procter & Gamble Co. | 0.26% | 4,182 | $706K | Reduce -10.6% |
| SHLD Global X Defense Tech ETF | 0.26% | 15,147 | $705K | Add +13.3% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.24% | 13,253 | $674K | Add +1.4% |
| KKR KKR & Co. Inc. | 0.24% | 5,812 | $672K | Add +1.8% |
| ITA iShares U.S. Aerospace & Def | 0.24% | 4,305 | $659K | Reduce -0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| APP AppLovin Corp. Class A | Reduce -54.3% | 10.51% | −13.58 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -91.5% | 0.10% | −1.07 |
| CALF PCR US SM CP CSH CWS ETF-Usd | Sold out | 0.00% | −0.80 |
| AVGO Broadcom Inc. | Reduce -0.6% | 2.28% | −0.45 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.35 |
| CLH Clean Harbors Inc. | Sold out | 0.00% | −0.34 |
| OKE Oneok Inc. | Reduce -35.6% | 0.86% | −0.30 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.23 |
| XSD SS SPDR S&P Semiconductor | Reduce -1.3% | 2.36% | −0.18 |
| CSW CSW Industrials Inc. | Sold out | 0.00% | −0.15 |
| CP Canadian Pacific Kansas City | Reduce -65.8% | 0.08% | −0.12 |
| LHX L3HARRIS Technologies Inc. | Sold out | 0.00% | −0.08 |
| IT Gartner Inc. | Sold out | 0.00% | −0.08 |
| CNQ Canadian Natural Resources | Reduce -20.6% | 0.88% | −0.07 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.07 |
| EMR Emerson Electric Co. | Sold out | 0.00% | −0.06 |
| URA Global X Uranium ETF | Reduce -34.4% | 0.12% | −0.06 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.06 |
| ETN Eaton Corp. PLC | Reduce -1.6% | 0.95% | −0.06 |
| SPYI Neos S&P 500 High Income ETF | Sold out | 0.00% | −0.04 |
| ON On Semiconductor | Reduce -0.0% | 0.09% | −0.03 |
| CSHI Neos Enhanced Income 1-3 Mon | Sold out | 0.00% | −0.02 |
| PKG Packaging Corp. of America | Reduce -16.2% | 0.10% | −0.02 |
| IYH iShares U.S. Healthcare ETF | Reduce -66.7% | 0.01% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -1.6% | 0.26% | −0.01 |
| IBB iShares Biotechnology ETF | Reduce -21.4% | 0.10% | −0.01 |
| GCOW Pacer Global Cash Cows Divid | Sold out | 0.00% | −0.01 |
| XHE SS SPDR S&P HC Equip ETF | Reduce -14.7% | 0.10% | −0.01 |
| PIE Invesco Dorsey Wright Emergi | Reduce -50.0% | 0.01% | −0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -8.3% | 0.18% | −0.01 |
| RDOG Alps REIT Dividend Dogs ETF | Sold out | 0.00% | −0.00 |
| SPEM State Street SP PTF Em ETF | Sold out | 0.00% | −0.00 |
| LIT Global X Lithium & Battery T | Sold out | 0.00% | −0.00 |
| SLX Vaneck Steel ETF | Sold out | 0.00% | −0.00 |
| AMD Advanced Micro Devices | Reduce -0.1% | 0.16% | −0.00 |
| DFAE Dimensional Emerging Core Eq | Sold out | 0.00% | −0.00 |
| XME SS SPDR S&P Metals Mining | Reduce -13.8% | 0.14% | −0.00 |
| SPHB Invesco S&P 500 High Beta Et | Reduce -0.1% | 0.08% | +0.00 |
| HAL Halliburton Co. | Reduce -6.0% | 0.14% | +0.00 |
| IWF iShares Russell 1000 Growth | Reduce -0.4% | 0.10% | +0.00 |
| RSP Invesco S&P 500 Equal Weight | Reduce -11.9% | 0.35% | +0.01 |
| EWJ iShares MSCI Japan ETF | Reduce -8.7% | 0.08% | +0.01 |
| FV First Trust DW Focus 5 Fund | Reduce -2.7% | 0.17% | +0.01 |
| RPV Invesco S&P 500 Pure Value E | Reduce -0.3% | 0.06% | +0.01 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 0.18% | +0.01 |
| PG The Procter & Gamble Co. | Reduce -10.6% | 0.26% | +0.01 |
| FCG First Trust Natural Gas ETF | Reduce -13.1% | 0.56% | +0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -0.1% | 0.10% | +0.01 |
| MUSA Murphy USA Inc. | Reduce -0.2% | 0.21% | +0.01 |
| SSUS Day Hagan Smart Sector ETF | Reduce -0.2% | 0.13% | +0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| MAIN Main Street Capital Corp. | Add +101.8% | 1.99% | +1.13 |
| EFA iShares MSCI Eafe ETF | Add +3125.8% | 1.08% | +1.06 |
| AMLP Alerian MLP ETF | Add +29.5% | 1.44% | +0.56 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +11.9% | 2.75% | +0.53 |
| PM Philip Morris International | New | 0.51% | +0.51 |
| AR Antero Resources Corp. | New | 0.47% | +0.47 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.7% | 1.50% | +0.44 |
| GLD SPDR Gold Shares | Add +8.3% | 1.06% | +0.36 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.7% | 4.78% | +0.34 |
| JPM JPMorgan Chase & Co. | Add +17.3% | 1.18% | +0.33 |
| MCK McKesson Corp. | Add +10.5% | 0.91% | +0.31 |
| ABBV Abbvie Inc. | Add +1.4% | 1.04% | +0.29 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +137.6% | 0.45% | +0.29 |
| BXSL Blackstone Secured Lending F | Add +104.2% | 0.48% | +0.28 |
| V Visa Inc. Class A | Add +12.2% | 0.82% | +0.25 |
| AXS Axis Capital Holdings Ltd. | New | 0.24% | +0.24 |
| UTF Cohen & Steers Infrastructur | Add +104.9% | 0.38% | +0.23 |
| DIVO Amplify CWP Enhan Divid ETF | Add +3.3% | 1.15% | +0.20 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +100.0% | 0.33% | +0.19 |
| WMT Walmart Inc. | Add +5.7% | 1.13% | +0.18 |
| BGR BlackRock Enrgy & Res TR | Add +100.3% | 0.31% | +0.18 |
| BDJ BlackRock Enhanced Eqty DVD | Add +100.0% | 0.29% | +0.17 |
| BSX Boston Scientific Corp. | Add +41.7% | 0.36% | +0.17 |
| COR Cencora Inc. | Add +2.1% | 0.49% | +0.16 |
| MSFT Microsoft Corp. | Add +0.5% | 3.68% | +0.15 |
| HACK Amplify Cybersecurity ETF | Add +24.3% | 0.53% | +0.15 |
| LLY Eli Lilly & Co. | Add +6.2% | 0.62% | +0.15 |
| COST Costco Wholesale Corp. | Add +61.6% | 0.30% | +0.15 |
| SPIB SS SPDR P Int C Corp. ETF | Add +54.0% | 0.32% | +0.14 |
| MCI Barings Corporate Investors | New | 0.14% | +0.14 |
| ICE Intercontinental Exchange Inc. | Add +9.6% | 0.43% | +0.14 |
| SLV iShares Silver Trust | Add +16.1% | 0.36% | +0.14 |
| NFLX Netflix Inc. | Add +87.6% | 0.23% | +0.13 |
| NZF Nuveen Municipal Credit Inc. | Add +124.4% | 0.20% | +0.13 |
| SPLV Invesco S&P 500 Low Volatili | Add +5.4% | 0.53% | +0.12 |
| VYM Vanguard High DVD Yield ETF | New | 0.12% | +0.12 |
| TJX TJX Companies Inc. | Add +12.4% | 0.51% | +0.12 |
| FTNT Fortinet Inc. | Add +128.2% | 0.19% | +0.12 |
| CSQ Calamos Strat TTL RTRN FND | New | 0.12% | +0.12 |
| CB Chubb Ltd. | Add +2.3% | 0.49% | +0.11 |
| COF Capital One Financial Corp. | New | 0.11% | +0.11 |
| THQ Abrdn Healthcare Opport | New | 0.11% | +0.11 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Add +100.0% | 0.20% | +0.11 |
| TMUS T-Mobile US Inc. | Add +7.0% | 0.32% | +0.11 |
| VRP Invesco Variable Rate Prefer | Add +134.6% | 0.17% | +0.11 |
| CGBD Carlyle Secured Lending Inc. | New | 0.11% | +0.11 |
| SHLD Global X Defense Tech ETF | Add +13.3% | 0.26% | +0.10 |
| IYZ iShares US Telecommunication | New | 0.10% | +0.10 |
| PLTR Palantir Technologies Inc. Class A | Add +64.4% | 0.18% | +0.10 |
| AAPL Apple Inc. | Add +1.0% | 2.52% | +0.10 |
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 |