Modern Wealth Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 29, 2025), Modern Wealth Management, LLC reported 297 stock positions worth $1.1 billion. Its top holding was iShares 0-5 Year Tips Bond E (STIP) at 10.1% of the portfolio, followed by Invesco QQQ TR (8.9%) and SS SPDR S&P 500 ETF Trust-US (SPY, 7.0%). Compared with Q4 2023, it opened 116 new positions, sold out of 9, added to 138 and reduced 36. The biggest buy was a new position in Invesco QQQ TR and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).

Most Recent 13F
Q2 2026
Location
KANSAS CITY, MO
CIK
0002001900
Portfolio Value
$1.1B (Q1 2024)
SEC Filing
0002001900-25-000007 ↗ filed May 29, 2025

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $1.1B $1.1B Q1 2024 Q2 2024: $1.4B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $2.7B Q4 2024 Q1 2025: $3.1B Q1 2025 Q2 2025: $4.1B Q2 2025 Q3 2025: $5.1B Q3 2025 Q4 2025: $5.5B Q4 2025 Q1 2026: $5.8B Q1 2026 Q2 2026: $8.4B Q2 2026

Holdings 297 stocks · $1.1B
STIP iShares 0-5 Year Tips Bond E 10.06% 1,089,421 $108.3M Add +3.0%
INVESCO QQQ TR 8.90% 215,973 $95.9M New
SPY SS SPDR S&P 500 ETF Trust-US 6.97% 143,569 $75.1M Add +5.1%
IVW iShares S&P 500 Growth ETF 6.60% 841,325 $71.0M Reduce -6.3%
IVE iShares S&P 500 Value ETF 5.91% 340,591 $63.6M Add +14.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 5.75% 155,760 $62.0M Add +202.9%
SPTM SS SPDR P S&P 1500 Comp ETF 3.33% 559,021 $35.9M Add +5.8%
VOO Vanguard S&P 500 ETF 3.24% 72,669 $34.9M Add +7.3%
COWZ Pacer US Cash Cows 100 ETF 2.36% 438,042 $25.5M Add +7.5%
AGZD Wisdomtree Trust Wisdomtree 2.20% 1,072,285 $23.7M Add +18.5%
TCAF T Rowe PRC Cap Appreciation 1.81% 646,419 $19.5M Add +3.8%
AVUV Avantis US Small Cap Value 1.68% 193,418 $18.1M Add +5.7%
IVV iShares Core S&P 500 ETF 1.40% 28,595 $15.0M Add +327.4%
SPYV SS SPDR P S&P 500 Value ETF 1.39% 299,211 $15.0M Add +25.0%
DIVO Amplify CWP Enhan Divid ETF 1.35% 373,927 $14.5M Reduce -2.0%
AAPL Apple Inc. 1.34% 84,044 $14.4M Add +58.6%
VTI VG Morningstar TS MKT ETF-US 1.12% 46,268 $12.0M Add +44.6%
AVLV Avantis US Large Cap Value 0.95% 159,004 $10.2M Add +24.8%
MSFT Microsoft Corp. 0.92% 23,598 $9.9M Add +195.5%
OUNZ Vaneck Merk Gold ETF 0.89% 445,985 $9.6M Add +18.4%
IOO iShares Global 100 ETF 0.82% 99,320 $8.9M Add +15.3%
FTLS First Trust Long/Short Eqty 0.75% 131,566 $8.1M Add +8.1%
FSK FS KKR Capital Corp. 0.72% 403,969 $7.7M Reduce -0.3%
JQUA JPMorgan US Quality Factor 0.69% 139,656 $7.4M New
BUL Pacer US Cash Cows Growth 0.63% 160,771 $6.8M Add +4.2%
PG The Procter & Gamble Co. 0.63% 41,879 $6.8M Add +7.6%
SCTXX Schwab Amt Tax FR MNY-Ultra 0.57% 6,176,325 $6.2M New
LLY Eli Lilly & Co. 0.50% 6,961 $5.4M Add +470.6%
USRT iShares Core US REIT ETF 0.50% 100,483 $5.4M Reduce -1.7%
AMZN Amazon.com Inc. 0.50% 29,904 $5.4M Add +337.1%
IAU iShares Gold Trust 0.49% 125,159 $5.3M New
BND Vanguard Total Bond Market 0.47% 69,428 $5.0M Add +7.8%
SHY iShares 1-3 Year Treasury Bo 0.46% 60,131 $4.9M Add +382.6%
JPM JPMorgan Chase & Co. 0.44% 23,820 $4.8M Add +1646.3%
XOM Exxon Mobil Corp. 0.44% 40,841 $4.7M Add +292.9%
USMV iShares MSCI USA Min Vol Fac 0.42% 53,556 $4.5M Reduce -0.8%
RSP Invesco S&P 500 Equal Weight 0.42% 26,418 $4.5M Reduce -15.9%
GOOGL Alphabet Inc. Class A 0.41% 29,205 $4.4M Add +375.3%
ABBV Abbvie Inc. 0.40% 23,568 $4.3M Add +385.1%
IEF iShares 7-10 Year Treasury B 0.40% 45,106 $4.3M Add +8.2%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.35% 75,182 $3.8M Reduce -6.9%
NVDA Nvidia Corp. 0.35% 4,169 $3.8M Add +87.6%
SPYG SS SPDR P S&P 500 Growth ETF 0.32% 47,771 $3.5M Add +93.7%
HD Home Depot Inc. 0.31% 8,769 $3.4M Add +269.4%
BRK.B Berkshire Hathaway Inc. Class B 0.31% 7,972 $3.4M Add +42.8%
COST Costco Wholesale Corp. 0.29% 4,294 $3.1M Add +735.4%
CVX Chevron Corp. 0.28% 19,104 $3.0M Add +623.4%
PECO Phillips Edison & Company Inc. 0.28% 83,644 $3.0M Reduce -2.4%
REGL Prshrs S&P Mid 400 DVD Arist 0.26% 36,298 $2.9M Add +30.9%
TMO Thermo Fisher Scientific Inc. 0.26% 4,903 $2.8M New
ADBE Adobe Inc. 0.26% 5,478 $2.8M Add +560.0%
BR Broadridge Financial Solutio 0.26% 13,482 $2.8M New
CAT Caterpillar Inc. 0.26% 7,520 $2.8M Add +22.8%
ADSK Autodesk Inc. 0.25% 10,521 $2.7M New
CRL Charles River Laboratories 0.25% 9,907 $2.7M New
BIL SS SPDR BB 1-3M T-Bill ETF 0.25% 29,002 $2.7M Add +52.6%
UNH Unitedhealth Group Inc. 0.24% 5,314 $2.6M Add +367.0%
MSI Motorola Solutions Inc. 0.24% 7,325 $2.6M New
AGGM iShares 1-10 Year U.S. Aggre 0.23% 24,141 $2.5M Add +20.3%
CME Cme Group Inc. 0.23% 11,520 $2.5M New
CDW CDW Corp. 0.23% 9,691 $2.5M New
SPSM SS SPDR P S&P 600 Small Cap 0.23% 56,462 $2.4M Reduce -3.9%
META Meta Platforms Inc. Class A 0.22% 4,922 $2.4M Add +42.8%
TGT Target Corp. 0.22% 13,174 $2.3M New
XLK SS Technology Select Sector 0.22% 11,161 $2.3M Add +748.1%
IYR iShares US Real Estate ETF 0.21% 25,244 $2.3M Add +17.9%
TTC Toro Co. 0.20% 23,887 $2.2M New
MKL Markel Group Inc. 0.20% 1,421 $2.2M New
SPTS SS SPDR P St Term TSY ETF 0.20% 74,294 $2.1M Reduce -1.9%
GOVT iShares US Treasury Bond ETF 0.20% 94,137 $2.1M Add +405.0%
RWJ Invesco S&P Smallcap 600 0.19% 48,757 $2.1M New
GOOG Alphabet Inc. Class C 0.19% 13,450 $2.0M Add +195.0%
IDEV iShares Core MSCI Dev MKTS 0.18% 29,509 $2.0M Add +239.3%
AVGO Broadcom Inc. 0.18% 1,442 $1.9M Add +671.1%
IUSV iShares Core S&P U.S. Value 0.18% 21,118 $1.9M Add +60.1%
FUMB First Trust Ultra Short Dur 0.18% 94,840 $1.9M Reduce -3.8%
TLT iShares 20+ Year Treasury BD 0.17% 19,305 $1.8M New
MCD McDonald's Corp. 0.17% 6,464 $1.8M Add +90.7%
FMB First Trust Managed Municipa 0.17% 35,431 $1.8M Add +4.7%
ETN Eaton Corp. PLC 0.17% 5,814 $1.8M Add +15.4%
MBB iShares MBS ETF 0.16% 18,748 $1.7M Add +454.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.16% 14,094 $1.7M Add +158.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.16% 9,029 $1.7M Add +158.5%
WMT Walmart Inc. 0.16% 28,491 $1.7M Add +6.4%
DG Dollar General Corp. 0.16% 10,784 $1.7M New
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.15% 36,557 $1.7M New
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.15% 50,985 $1.7M New
V Visa Inc. Class A 0.15% 5,828 $1.6M Add +289.3%
IJR iShares Core S&P Small-Cap E 0.15% 14,469 $1.6M Add +27.9%
USIG iShares Broad Usd Investment 0.15% 31,484 $1.6M Add +396.4%
USFR Wisdomtree Floating Rate Tre 0.14% 31,010 $1.6M New
VNLA Janus Henderson Short Durati 0.14% 31,763 $1.5M Add +3.7%
JNJ Johnson & Johnson 0.14% 9,449 $1.5M Add +82.1%
EXR Extra Space Storage Inc. 0.14% 10,038 $1.5M New
ZBRA Zebra Technologies Corp. Class A 0.13% 4,815 $1.5M New
DE Deere & Co. 0.13% 3,425 $1.4M Add +9.3%
TSLA Tesla Inc. 0.13% 7,856 $1.4M Add +9.1%
XLE SS Energy Select Sector 0.12% 14,222 $1.3M Add +329.0%
QCOM Qualcomm Inc. 0.12% 7,825 $1.3M Add +247.5%
DTE DTE Energy Company 0.12% 11,310 $1.3M Reduce -2.9%

Show all 297 holdings

Options reported separately and not counted above: STT calls ($735).

Portfolio Sells Q4 2023 → Q1 2024
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −11.80
IJK iShares S&P Mid-Cap 400 Grow Sold out 0.00% −4.12
IVW iShares S&P 500 Growth ETF Reduce -6.3% 6.60% −1.92
DIVO Amplify CWP Enhan Divid ETF Reduce -2.0% 1.35% −0.41
FSK FS KKR Capital Corp. Reduce -0.3% 0.72% −0.31
EFA iShares MSCI Eafe ETF Reduce -89.9% 0.02% −0.25
RSP Invesco S&P 500 Equal Weight Reduce -15.9% 0.42% −0.21
USRT iShares Core US REIT ETF Reduce -1.7% 0.50% −0.20
SSO Proshares Ultra S&P500 Sold out 0.00% −0.17
JMST JPM Ultra-Short Muni Income Reduce -6.9% 0.35% −0.16
USMV iShares MSCI USA Min Vol Fac Reduce -0.8% 0.42% −0.12
PECO Phillips Edison & Company Inc. Reduce -2.4% 0.28% −0.12
SPSM SS SPDR P S&P 600 Small Cap Reduce -3.9% 0.23% −0.09
SPTS SS SPDR P St Term TSY ETF Reduce -1.9% 0.20% −0.08
FUMB First Trust Ultra Short Dur Reduce -3.8% 0.18% −0.07
FSMB First Trust Short Dur Manag Reduce -13.0% 0.11% −0.06
MINT PIMCO Enhanced Short Maturit Reduce -25.1% 0.06% −0.05
DTE DTE Energy Company Reduce -2.9% 0.12% −0.04
KNX Knight-Swift Transportation Reduce -0.1% 0.09% −0.04
BA The Boeing Co. Reduce -32.0% 0.02% −0.03
PCY Invesco Emerging Markets Sov Sold out 0.00% −0.03
NBB Nuveen Taxable Municipal Inc. Sold out 0.00% −0.03
BCI Abrdn Bloomberg All Commodit Sold out 0.00% −0.03
FLOT iShares Floating Rate Bond E Sold out 0.00% −0.03
DLS Wisdomtree Intl S/C DVD Fund Sold out 0.00% −0.03
TIP iShares Tips Bond ETF Reduce -4.4% 0.06% −0.02
FIXD First Trust Smith Opportunis Reduce -0.3% 0.05% −0.02
BERY Berry Global Group Inc. Reduce -0.4% 0.04% −0.02
PFG Principal Financial Group Reduce -0.1% 0.08% −0.02
IJS iShares S&P Small-Cap 600 Va Reduce -11.6% 0.03% −0.02
DEED First Trust Securitized Plus Reduce -0.6% 0.04% −0.02
IEUR iShares Core MSCI Europe ETF Reduce -12.8% 0.02% −0.01
HR Healthcare Realty Trust Inc. Reduce -1.6% 0.02% −0.01
XLRE SS Real Estate Select Sector Reduce -2.9% 0.03% −0.01
PPG PPG Industries Inc. Reduce -2.3% 0.02% −0.01
IPAC iShares Core MSCI Pacific Et Reduce -9.6% 0.02% −0.01
FEX First Trust Large Cap Core A Reduce -2.8% 0.04% −0.01
BNY Bank of New York Mellon Corp. Reduce -1.1% 0.03% −0.01
AMH American Homes 4 Rent- A Reduce -0.3% 0.02% −0.01
ET Energy Transfer LP Reduce -1.6% 0.03% −0.01
GPK Graphic Packaging Holding Co. Reduce -2.1% 0.04% −0.01
MAS Masco Corp. Reduce -0.0% 0.03% −0.00
FSCO FS Credit Opportunities Corp. Reduce -16.5% 0.01% −0.00
EMX Emx Royalty Corp. Sold out 0.00% −0.00
GE General Electric Reduce -0.9% 0.06% +0.00

Portfolio Buys Q4 2023 → Q1 2024
INVESCO QQQ TR New 8.90% +8.90
DIA SS SPDR Dow Jones Indus Avg Add +202.9% 5.75% +3.31
IVV iShares Core S&P 500 ETF Add +327.4% 1.40% +0.99
JQUA JPMorgan US Quality Factor New 0.69% +0.69
SCTXX Schwab Amt Tax FR MNY-Ultra New 0.57% +0.57
MSFT Microsoft Corp. Add +195.5% 0.92% +0.54
IAU iShares Gold Trust New 0.49% +0.49
JPM JPMorgan Chase & Co. Add +1646.3% 0.44% +0.41
LLY Eli Lilly & Co. Add +470.6% 0.50% +0.41
AMZN Amazon.com Inc. Add +337.1% 0.50% +0.37
SHY iShares 1-3 Year Treasury Bo Add +382.6% 0.46% +0.33
XOM Exxon Mobil Corp. Add +292.9% 0.44% +0.31
ABBV Abbvie Inc. Add +385.1% 0.40% +0.30
GOOGL Alphabet Inc. Class A Add +375.3% 0.41% +0.30
TMO Thermo Fisher Scientific Inc. New 0.26% +0.26
BR Broadridge Financial Solutio New 0.26% +0.26
ADSK Autodesk Inc. New 0.25% +0.25
CRL Charles River Laboratories New 0.25% +0.25
COST Costco Wholesale Corp. Add +735.4% 0.29% +0.25
MSI Motorola Solutions Inc. New 0.24% +0.24
CME Cme Group Inc. New 0.23% +0.23
CDW CDW Corp. New 0.23% +0.23
CVX Chevron Corp. Add +623.4% 0.28% +0.23
TGT Target Corp. New 0.22% +0.22
NVDA Nvidia Corp. Add +87.6% 0.35% +0.21
HD Home Depot Inc. Add +269.4% 0.31% +0.21
TTC Toro Co. New 0.20% +0.20
MKL Markel Group Inc. New 0.20% +0.20
ADBE Adobe Inc. Add +560.0% 0.26% +0.19
RWJ Invesco S&P Smallcap 600 New 0.19% +0.19
XLK SS Technology Select Sector Add +748.1% 0.22% +0.18
TLT iShares 20+ Year Treasury BD New 0.17% +0.17
UNH Unitedhealth Group Inc. Add +367.0% 0.24% +0.17
VTI VG Morningstar TS MKT ETF-US Add +44.6% 1.12% +0.16
DG Dollar General Corp. New 0.16% +0.16
IUSB Ishr CR Unvrse Usd BD ETF-Ui New 0.15% +0.15
CGDV Cap Group Dividend Value New 0.15% +0.15
AVGO Broadcom Inc. Add +671.1% 0.18% +0.15
GOVT iShares US Treasury Bond ETF Add +405.0% 0.20% +0.14
USFR Wisdomtree Floating Rate Tre New 0.14% +0.14
EXR Extra Space Storage Inc. New 0.14% +0.14
ZBRA Zebra Technologies Corp. Class A New 0.13% +0.13
SPYG SS SPDR P S&P 500 Growth ETF Add +93.7% 0.32% +0.12
MBB iShares MBS ETF Add +454.0% 0.16% +0.12
IDEV iShares Core MSCI Dev MKTS Add +239.3% 0.18% +0.11
PAYX Paychex Inc. New 0.11% +0.11
IWM iShares Russell 2000 ETF New 0.11% +0.11
GOOG Alphabet Inc. Class C Add +195.0% 0.19% +0.11
USIG iShares Broad Usd Investment Add +396.4% 0.15% +0.11
IGV iShares Expanded Tech-Softwa New 0.11% +0.11

Options Activity Q4 2023 → Q1 2024
STT State Street Corp. call New 18,080 $735

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

Notes & Other Activity Q4 2023 → Q1 2024
ARES CAPITAL CORP (ARCC 4.625 03/01/24) NOTE 4.625% 3/0 · principal Sold out 15,000 $15Kbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,098$8.4BFBND, JCPB, SPYM, PVAL, AAPL
Q1 2026 869$5.8BFBND, JAAA, AAPL, SPTM, PVAL
Q4 2025 840$5.5BFBND, AAPL, JAAA, SPTM, QQQ
Q3 2025 802$5.1BJAAA, QQQ, SPTM, AAPL, IVW
Q2 2025Amended 775$4.1BQQQ, SPTM, IVW, JAAA, VTI
Q1 2025Amended 675$3.1BSPTM, SPY, IVW, JAAA, DIA
Q4 2024Amended 579$2.7BSPTM, IVW, SPY, AAPL, IVE
Q3 2024Amended 433$1.6BSTIP, QQQ, SPY, IVW, EFA
Q2 2024Amended 404$1.4BQQQ, STIP, IVW, SPY, IJK
Q1 2024Amended 297$1.1BSTIP, INVESCO QQQ TR, SPY, IVW, IVE