MGB Wealth Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), MGB Wealth Management, LLC reported 305 stock positions worth $303.5 million. Its top holding was AppLovin Class A (APP) at 11.3% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 5.4%) and Microsoft (MSFT, 4.4%). Compared with Q1 2025, it opened 32 new positions, sold out of 19, added to 71 and reduced 115. The biggest buy was a new position in Vanguard Ftse All-World Ex-U (VEU) and the biggest sale Main Street Capital (MAIN, shares −48%).
- Most Recent 13F
- Q4 2025
- Location
- ADDISON, TX
- CIK
- 0002015822
- Portfolio Value
- $303.5M (Q2 2025)
- SEC Filing
- 0001398344-25-015751 ↗ filed Aug 14, 2025
Holdings Value
Holdings 305 stocks · $303.5M
| APP AppLovin Corp. Class A | 11.34% | 98,346 | $34.4M | Reduce -10.3% |
| QQQ Invesco QQQ Trust Series 1 | 5.35% | 29,456 | $16.2M | Add +4.5% |
| MSFT Microsoft Corp. | 4.41% | 26,932 | $13.4M | Reduce -0.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.31% | 16,313 | $10.1M | Add +19.6% |
| AVGO Broadcom Inc. | 3.14% | 34,808 | $9.5M | Reduce -7.4% |
| NVDA Nvidia Corp. | 2.86% | 54,870 | $8.7M | Reduce -9.0% |
| XSD SS SPDR S&P Semiconductor | 2.71% | 32,042 | $8.2M | Reduce -1.6% |
| AAPL Apple Inc. | 1.95% | 28,868 | $5.9M | Reduce -8.2% |
| GLD SPDR Gold Shares | 1.37% | 13,633 | $4.1M | Add +33.5% |
| AMLP Alerian MLP ETF | 1.35% | 84,067 | $4.1M | Add +9.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.25% | 7,833 | $3.8M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 1.25% | 13,089 | $3.8M | Reduce -1.8% |
| FDN First Trust DJ Internet Ind | 1.24% | 14,033 | $3.8M | No change |
| WMT Walmart Inc. | 1.22% | 38,016 | $3.7M | Add +7.0% |
| QTEC First Trust Nasdq 100 Tech I | 1.13% | 16,176 | $3.4M | No change |
| MCK McKesson Corp. | 1.12% | 4,641 | $3.4M | Add +23.7% |
| DIVO Amplify CWP Enhan Divid ETF | 1.08% | 76,855 | $3.3M | Reduce -1.4% |
| ETN Eaton Corp. PLC | 1.06% | 9,009 | $3.2M | Reduce -6.9% |
| MAIN Main Street Capital Corp. | 0.97% | 50,043 | $3.0M | Reduce -47.6% |
| IGV iShares Expanded Tech-Softwa | 0.92% | 25,508 | $2.8M | Reduce -0.2% |
| MPC Marathon Petroleum Corp. | 0.89% | 16,215 | $2.7M | Reduce -6.2% |
| ABBV Abbvie Inc. | 0.82% | 13,552 | $2.5M | Reduce -2.0% |
| CNQ Canadian Natural Resources | 0.79% | 76,533 | $2.4M | Reduce -3.2% |
| HD Home Depot Inc. | 0.78% | 6,458 | $2.4M | Reduce -2.6% |
| USMV iShares MSCI USA Min Vol Fac | 0.77% | 25,008 | $2.3M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 0.77% | 13,263 | $2.3M | Reduce -9.2% |
| AMZN Amazon.com Inc. | 0.74% | 10,267 | $2.3M | Reduce -8.6% |
| V Visa Inc. Class A | 0.73% | 6,277 | $2.2M | Reduce -3.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.72% | 32,711 | $2.2M | New |
| HACK Amplify Cybersecurity ETF | 0.71% | 25,001 | $2.2M | Add +21.9% |
| PDP Invesco Dorsey Wright Moment | 0.70% | 19,581 | $2.1M | Reduce -0.2% |
| XAR SS SPDR S&P Aerospace Def | 0.65% | 9,399 | $2.0M | Reduce -1.3% |
| EFA iShares MSCI Eafe ETF | 0.64% | 21,846 | $2.0M | Reduce -40.1% |
| SLV iShares Silver Trust | 0.64% | 58,956 | $1.9M | Add +81.7% |
| NOBL Proshares S&P 500 Dividend A | 0.62% | 18,551 | $1.9M | No change |
| PAVE Global X US Infrastructure | 0.61% | 42,359 | $1.8M | Reduce -7.7% |
| PM Philip Morris International | 0.61% | 10,120 | $1.8M | Add +13.1% |
| FDUS Fidus Investment Corp. | 0.60% | 89,775 | $1.8M | Add +2.1% |
| OKE Oneok Inc. | 0.58% | 21,594 | $1.8M | Reduce -9.8% |
| CVY Invesco Zacks Multi-Asset Inc. | 0.57% | 66,548 | $1.7M | No change |
| PPA Invesco Aerospace & Defense | 0.56% | 12,108 | $1.7M | Add +1.3% |
| PJP Invesco Pharmaceuticals ETF | 0.56% | 21,110 | $1.7M | Reduce -0.1% |
| EMLP First Trust North American E | 0.54% | 43,381 | $1.6M | No change |
| SMH Vaneck Semiconductor ETF | 0.52% | 5,699 | $1.6M | Reduce -2.7% |
| XRLV Invesco S&P 500 Ex-Rate Sens | 0.51% | 28,087 | $1.5M | Reduce -4.0% |
| CME Cme Group Inc. | 0.50% | 5,508 | $1.5M | Add +6.0% |
| LLY Eli Lilly & Co. | 0.48% | 1,880 | $1.5M | Reduce -9.1% |
| CTAS Cintas Corp. | 0.47% | 6,469 | $1.4M | Reduce -10.7% |
| FCG First Trust Natural Gas ETF | 0.47% | 61,389 | $1.4M | Reduce -2.1% |
| TXRH Texas Roadhouse Inc. | 0.47% | 7,540 | $1.4M | Reduce -12.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.46% | 11,284 | $1.4M | Reduce -2.8% |
| SPLV Invesco S&P 500 Low Volatili | 0.45% | 18,829 | $1.4M | Reduce -3.4% |
| COR Cencora Inc. | 0.44% | 4,484 | $1.3M | Reduce -7.7% |
| VLO Valero Energy Corp. | 0.42% | 9,575 | $1.3M | No change |
| CB Chubb Ltd. | 0.42% | 4,444 | $1.3M | Reduce -1.4% |
| AR Antero Resources Corp. | 0.42% | 31,763 | $1.3M | Reduce -0.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.40% | 6,847 | $1.2M | Reduce -4.1% |
| ICE Intercontinental Exchange Inc. | 0.38% | 6,352 | $1.2M | Reduce -7.1% |
| KXI iShares Global Consumer Stap | 0.37% | 17,301 | $1.1M | Reduce -1.7% |
| SHLD Global X Defense Tech ETF | 0.37% | 18,654 | $1.1M | Add +23.1% |
| PEY Invesco High Yield Equity Di | 0.35% | 52,499 | $1.1M | No change |
| FLOT iShares Floating Rate Bond E | 0.35% | 20,987 | $1.1M | Add +4.5% |
| BSX Boston Scientific Corp. | 0.35% | 9,852 | $1.1M | Reduce -1.7% |
| COST Costco Wholesale Corp. | 0.35% | 1,063 | $1.1M | Add +20.9% |
| TYG Tortoise Energy Infrastruct | 0.35% | 23,896 | $1.0M | Add +2.6% |
| NFLX Netflix Inc. | 0.34% | 782 | $1.0M | Add +12.7% |
| HODL Vaneck Bitcoin ETF | 0.34% | 33,932 | $1.0M | New |
| MSI Motorola Solutions Inc. | 0.34% | 2,437 | $1.0M | Add +2.1% |
| ADP Automatic Data Processing | 0.34% | 3,321 | $1.0M | Reduce -7.0% |
| FPE FT-Preferred Secur & Inc. ETF | 0.33% | 57,184 | $1.0M | Add +111.8% |
| DRI Darden Restaurants Inc. | 0.33% | 4,601 | $999K | Add +4.2% |
| MCD McDonald's Corp. | 0.33% | 3,417 | $998K | Reduce -8.3% |
| PSCH Invesco S&P Smallcap Health | 0.33% | 24,775 | $993K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.33% | 7,260 | $988K | Add +20.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.32% | 24,289 | $983K | Reduce -8.1% |
| RSP Invesco S&P 500 Equal Weight | 0.32% | 5,345 | $971K | Reduce -3.3% |
| RF Regions Financial Corp. | 0.32% | 40,998 | $964K | No change |
| SPIB SS SPDR P Int C Corp. ETF | 0.32% | 28,625 | $960K | Add +6.8% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.31% | 22,513 | $955K | Reduce -3.6% |
| HEI Heico Corp. | 0.31% | 2,900 | $951K | No change |
| DFAC Dimensional US Core Equity 2 | 0.30% | 25,811 | $925K | Reduce -30.1% |
| BR Broadridge Financial Solutio | 0.30% | 3,748 | $909K | Reduce -3.3% |
| XOM Exxon Mobil Corp. | 0.30% | 8,307 | $899K | Add +0.1% |
| RJF Raymond James Financial Inc. | 0.29% | 5,703 | $875K | No change |
| META Meta Platforms Inc. Class A | 0.29% | 1,181 | $871K | Reduce -4.8% |
| PRI Primerica Inc. | 0.28% | 3,142 | $857K | Reduce -9.6% |
| MOAT Vaneck Morningstar Wide Moat | 0.27% | 8,674 | $813K | Reduce -14.8% |
| BFST Business First Bancshares | 0.27% | 32,733 | $807K | No change |
| TMUS T-Mobile US Inc. | 0.26% | 3,351 | $797K | No change |
| EFV iShares MSCI Eafe Value ETF | 0.26% | 12,496 | $793K | New |
| ABT Abbott Laboratories | 0.25% | 5,573 | $757K | Reduce -11.2% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.24% | 13,339 | $725K | Reduce -3.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.24% | 1,402 | $714K | New |
| CCJ Cameco Corp. | 0.23% | 9,439 | $700K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.23% | 13,355 | $698K | Add +0.8% |
| ITA iShares U.S. Aerospace & Def | 0.22% | 3,524 | $664K | Reduce -18.1% |
| XLF SS Financial Select Sector | 0.22% | 12,619 | $659K | Add +6.2% |
| AXS Axis Capital Holdings Ltd. | 0.22% | 6,321 | $655K | Reduce -3.8% |
| BOTZ Global X Robotics & Artifici | 0.22% | 20,049 | $655K | Reduce -4.1% |
| BXSL Blackstone Secured Lending F | 0.21% | 21,096 | $649K | Reduce -48.4% |
Portfolio Sells Q1 2025 → Q2 2025
| MAIN Main Street Capital Corp. | Reduce -47.6% | 0.97% | −1.01 |
| AAPL Apple Inc. | Reduce -8.2% | 1.95% | −0.57 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.52 |
| EFA iShares MSCI Eafe ETF | Reduce -40.1% | 0.64% | −0.44 |
| NLR Vaneck Urani & Nuclr ETF-Usd | Reduce -98.1% | 0.01% | −0.44 |
| TXN Texas Instruments Inc. | Reduce -68.0% | 0.18% | −0.35 |
| OKE Oneok Inc. | Reduce -9.8% | 0.58% | −0.28 |
| BXSL Blackstone Secured Lending F | Reduce -48.4% | 0.21% | −0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.2% | 1.25% | −0.25 |
| ABBV Abbvie Inc. | Reduce -2.0% | 0.82% | −0.22 |
| UTF Cohen & Steers Infrastructur | Reduce -48.8% | 0.19% | −0.19 |
| XEXGX Eaton Vance Tax-Managed Glob | Reduce -50.3% | 0.16% | −0.17 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -95.8% | 0.01% | −0.17 |
| BGR BlackRock Enrgy & Res TR | Reduce -49.7% | 0.14% | −0.16 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.16 |
| BDJ BlackRock Enhanced Eqty DVD | Reduce -47.4% | 0.15% | −0.14 |
| DFAC Dimensional US Core Equity 2 | Reduce -30.1% | 0.30% | −0.14 |
| LLY Eli Lilly & Co. | Reduce -9.1% | 0.48% | −0.14 |
| PGJ Invesco Golden Dragon China | Sold out | 0.00% | −0.13 |
| CSQ Calamos Strat TTL RTRN FND | Sold out | 0.00% | −0.12 |
| THQ Abrdn Healthcare Opport | Sold out | 0.00% | −0.11 |
| PJP Invesco Pharmaceuticals ETF | Reduce -0.1% | 0.56% | −0.11 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Reduce -50.0% | 0.10% | −0.11 |
| CGBD Carlyle Secured Lending Inc. | Sold out | 0.00% | −0.11 |
| NEE Nextera Energy Inc. | Reduce -41.0% | 0.11% | −0.10 |
| FCG First Trust Natural Gas ETF | Reduce -2.1% | 0.47% | −0.10 |
| HD Home Depot Inc. | Reduce -2.6% | 0.78% | −0.09 |
| CNQ Canadian Natural Resources | Reduce -3.2% | 0.79% | −0.09 |
| XRLV Invesco S&P 500 Ex-Rate Sens | Reduce -4.0% | 0.51% | −0.09 |
| MCD McDonald's Corp. | Reduce -8.3% | 0.33% | −0.09 |
| V Visa Inc. Class A | Reduce -3.1% | 0.73% | −0.09 |
| NZF Nuveen Municipal Credit Inc. | Reduce -34.8% | 0.12% | −0.09 |
| MUSA Murphy USA Inc. | Reduce -25.9% | 0.12% | −0.08 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -1.1% | 0.77% | −0.08 |
| XSCDX LMP Capital and Income Fund | Reduce -50.0% | 0.06% | −0.08 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −0.08 |
| KKR KKR & Co. Inc. | Reduce -35.3% | 0.17% | −0.08 |
| KMB Kimberly-Clark Corp. | Sold out | 0.00% | −0.08 |
| XGDVX Gabelli Dividend & Income TR | Reduce -50.0% | 0.07% | −0.08 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.08 |
| PRI Primerica Inc. | Reduce -9.6% | 0.28% | −0.07 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -3.4% | 0.45% | −0.07 |
| GUG Guggenheim Active Allocation | Reduce -54.5% | 0.06% | −0.07 |
| BST BlackRock Science & Tech TR | Sold out | 0.00% | −0.07 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.07 |
| PG The Procter & Gamble Co. | Reduce -16.4% | 0.18% | −0.07 |
| DIVO Amplify CWP Enhan Divid ETF | Reduce -1.4% | 1.08% | −0.07 |
| CB Chubb Ltd. | Reduce -1.4% | 0.42% | −0.07 |
| JCE Nuveen Core Equity Alpha | Reduce -50.0% | 0.06% | −0.07 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -36.1% | 0.09% | −0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| VEU Vanguard Ftse All-World Ex-U | New | 0.72% | +0.72 |
| QQQ Invesco QQQ Trust Series 1 | Add +4.5% | 5.35% | +0.57 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +19.6% | 3.31% | +0.56 |
| HODL Vaneck Bitcoin ETF | New | 0.34% | +0.34 |
| GLD SPDR Gold Shares | Add +33.5% | 1.37% | +0.30 |
| SLV iShares Silver Trust | Add +81.7% | 0.64% | +0.27 |
| EFV iShares MSCI Eafe Value ETF | New | 0.26% | +0.26 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.24% | +0.24 |
| MCK McKesson Corp. | Add +23.7% | 1.12% | +0.21 |
| HACK Amplify Cybersecurity ETF | Add +21.9% | 0.71% | +0.18 |
| FPE FT-Preferred Secur & Inc. ETF | Add +111.8% | 0.33% | +0.16 |
| BINC iShares Flex I A ETF-Usd Inc. | New | 0.16% | +0.16 |
| PLTR Palantir Technologies Inc. Class A | Add +20.3% | 0.33% | +0.14 |
| KR Kroger Co. | New | 0.14% | +0.14 |
| BTZ BlackRock Credit Allocation | New | 0.14% | +0.14 |
| T AT&T Inc. | New | 0.14% | +0.14 |
| AGG iShares Core U.S. Aggregate | New | 0.12% | +0.12 |
| SHLD Global X Defense Tech ETF | Add +23.1% | 0.37% | +0.12 |
| NFLX Netflix Inc. | Add +12.7% | 0.34% | +0.11 |
| EXPE Expedia Group Inc. | New | 0.11% | +0.11 |
| VZ Verizon Communications Inc. | New | 0.10% | +0.10 |
| CELH Celsius Holdings Inc. | New | 0.10% | +0.10 |
| WMT Walmart Inc. | Add +7.0% | 1.22% | +0.10 |
| PM Philip Morris International | Add +13.1% | 0.61% | +0.09 |
| SBUX Starbucks Corp. | New | 0.09% | +0.09 |
| ISRG Intuitive Surgical Inc. | New | 0.09% | +0.09 |
| WMB Williams Cos Inc. | New | 0.08% | +0.08 |
| STLD Steel Dynamics Inc. | New | 0.08% | +0.08 |
| BITO Proshares Bitcoin ETF-Usd | New | 0.08% | +0.08 |
| URA Global X Uranium ETF | Add +7.0% | 0.20% | +0.08 |
| DUK Duke Energy Corp. | New | 0.08% | +0.08 |
| EMR Emerson Electric Co. | New | 0.07% | +0.07 |
| GE General Electric | New | 0.07% | +0.07 |
| STRL Sterling Infrastructure Inc. | New | 0.07% | +0.07 |
| WPM Wheaton Precious Metals Corp. | New | 0.07% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +3480.0% | 0.07% | +0.07 |
| PPA Invesco Aerospace & Defense | Add +1.3% | 0.56% | +0.06 |
| ALL Allstate Corp. | Add +65.1% | 0.18% | +0.06 |
| DWLD Davis Select Worldwide ETF | Add +57.9% | 0.14% | +0.05 |
| COST Costco Wholesale Corp. | Add +20.9% | 0.35% | +0.05 |
| DGRO iShares Core Dividend Growth | Add +221.1% | 0.07% | +0.04 |
| SPYI Neos S&P 500 High Income ETF | New | 0.04% | +0.04 |
| XME SS SPDR S&P Metals Mining | Add +16.8% | 0.18% | +0.04 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +24.9% | 0.14% | +0.04 |
| IEFA iShares Core MSCI Eafe ETF | New | 0.03% | +0.03 |
| MTUM iShares MSCI USA Momentum Fa | Add +16.5% | 0.14% | +0.03 |
| SPEU State Street SPDR Portfolio | Add +80.8% | 0.06% | +0.03 |
| COF Capital One Financial Corp. | Add +14.3% | 0.14% | +0.03 |
| KIE SS SPDR S&P Insurance ETF | Add +113.8% | 0.05% | +0.03 |
| CSHI Neos Enhanced Income 1-3 Mon | New | 0.02% | +0.02 |
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 |