Modern Wealth Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed May 30, 2025), Modern Wealth Management, LLC reported 433 stock positions worth $1.6 billion. Its top holding was iShares 0-5 Year Tips Bond E (STIP) at 6.5% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 6.4%) and SS SPDR S&P 500 ETF Trust-US (SPY, 5.1%). Compared with Q2 2024, it opened 64 new positions, sold out of 36, added to 251 and reduced 102. The biggest buy was iShares MSCI Eafe ETF (EFA, shares +10432%) and the biggest sale an exit from State Street SPDR S&P Midcap (MDY).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0002001900
- Portfolio Value
- $1.6B (Q3 2024)
- SEC Filing
- 0002001900-25-000015 ↗ filed May 30, 2025
Holdings Value
Holdings 433 stocks · $1.6B
| STIP iShares 0-5 Year Tips Bond E | 6.54% | 1,051,464 | $106.5M | Add +1.3% |
| QQQ Invesco QQQ Trust Series 1 | 6.44% | 215,001 | $104.9M | Reduce -6.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 5.06% | 143,784 | $82.5M | Reduce -5.4% |
| IVW iShares S&P 500 Growth ETF | 4.75% | 808,492 | $77.4M | Reduce -10.5% |
| EFA iShares MSCI Eafe ETF | 4.36% | 850,234 | $71.1M | Add +10431.8% |
| IJK iShares S&P Mid-Cap 400 Grow | 4.16% | 737,848 | $67.8M | Reduce -4.1% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 3.69% | 857,772 | $60.1M | Reduce -3.2% |
| COWZ Pacer US Cash Cows 100 ETF | 3.07% | 864,492 | $50.0M | Add +95.2% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.45% | 754,849 | $39.9M | Add +127.6% |
| VOO Vanguard S&P 500 ETF | 2.36% | 72,791 | $38.4M | Add +0.7% |
| QUAL iShares MSCI USA Quality Fac | 1.81% | 164,798 | $29.5M | Add +1.4% |
| AAPL Apple Inc. | 1.49% | 103,983 | $24.2M | Add +1.7% |
| VONE Vanguard Russell 1000 | 1.48% | 92,454 | $24.0M | Add +1.1% |
| AGZD Wisdomtree Trust Wisdomtree | 1.42% | 1,029,233 | $23.1M | Add +10.1% |
| TCAF T Rowe PRC Cap Appreciation | 1.40% | 684,930 | $22.8M | Add +0.6% |
| AVGE Avantis All Eqty Mrkts ETF | 1.26% | 218,092 | $20.5M | New |
| IVV iShares Core S&P 500 ETF | 1.14% | 32,341 | $18.7M | Reduce -0.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.11% | 218,158 | $18.1M | Add +4.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.10% | 39,066 | $18.0M | Add +367.4% |
| JAAA Janus Henderson Aaa Clo ETF | 1.08% | 345,718 | $17.6M | Add +44.5% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 1.05% | 367,003 | $17.1M | New |
| DIVO Amplify CWP Enhan Divid ETF | 0.96% | 379,595 | $15.6M | Add +0.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.94% | 53,853 | $15.2M | Add +7.2% |
| INTF iShares International Equity | 0.93% | 481,179 | $15.1M | New |
| SPSB SS SPDR P St C Corp. ETF | 0.85% | 456,252 | $13.8M | New |
| MSFT Microsoft Corp. | 0.84% | 31,979 | $13.8M | Add +11.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.82% | 145,350 | $13.3M | Reduce -12.9% |
| ISCF iShares International Small | 0.76% | 350,420 | $12.4M | New |
| SPSM SS SPDR P S&P 600 Small Cap | 0.72% | 256,137 | $11.7M | Add +0.5% |
| FLTR Vaneck Ig Floating Rate ETF | 0.70% | 450,484 | $11.5M | Add +9.9% |
| OUNZ Vaneck Merk Gold ETF | 0.70% | 448,408 | $11.4M | Add +5.0% |
| AVLV Avantis US Large Cap Value | 0.67% | 165,724 | $10.9M | Add +2.5% |
| IOO iShares Global 100 ETF | 0.64% | 104,987 | $10.4M | Add +6.3% |
| DON Wisdomtree US Midcap Dividen | 0.62% | 198,571 | $10.2M | New |
| ETF OPPORTUNITIES TRUST | 0.60% | 351,043 | $9.9M | Add +0.8% |
| FTLS First Trust Long/Short Eqty | 0.55% | 142,220 | $9.0M | Add +4.9% |
| IYW iShares Ustechnology ETF | 0.54% | 57,822 | $8.8M | Add +0.7% |
| JQUA JPMorgan US Quality Factor | 0.54% | 154,819 | $8.8M | Reduce -5.7% |
| SCTXX Schwab Amt Tax FR MNY-Ultra | 0.51% | 8,366,505 | $8.4M | Add +803.2% |
| FSK FS KKR Capital Corp. | 0.48% | 395,838 | $7.8M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.46% | 43,695 | $7.6M | Add +1.0% |
| XOM Exxon Mobil Corp. | 0.46% | 64,394 | $7.5M | Add +24.9% |
| NVDA Nvidia Corp. | 0.45% | 60,825 | $7.4M | Add +8.2% |
| BUL Pacer US Cash Cows Growth | 0.45% | 159,823 | $7.4M | Reduce -0.7% |
| SHY iShares 1-3 Year Treasury Bo | 0.45% | 87,671 | $7.3M | Add +6.2% |
| IDEV iShares Core MSCI Dev MKTS | 0.44% | 100,273 | $7.1M | Add +73.2% |
| LLY Eli Lilly & Co. | 0.43% | 7,966 | $7.1M | Add +9.3% |
| PFFD Global X US Preferred ETF | 0.41% | 320,757 | $6.7M | New |
| AMZN Amazon.com Inc. | 0.40% | 35,054 | $6.5M | Add +4.6% |
| IAU iShares Gold Trust | 0.39% | 126,883 | $6.3M | Add +0.7% |
| USRT iShares Core US REIT ETF | 0.36% | 95,244 | $5.9M | Reduce -3.1% |
| ABBV Abbvie Inc. | 0.35% | 29,115 | $5.7M | Add +2.0% |
| JPM JPMorgan Chase & Co. | 0.35% | 26,999 | $5.7M | Add +4.6% |
| GCOW Pacer Global Cash Cows Divid | 0.35% | 154,436 | $5.6M | New |
| GOVT iShares US Treasury Bond ETF | 0.34% | 239,135 | $5.6M | Add +30.1% |
| GOOGL Alphabet Inc. Class A | 0.34% | 33,603 | $5.6M | Add +3.4% |
| WTV Wisdomtree U.S. Value Fund | 0.34% | 68,827 | $5.5M | New |
| RSP Invesco S&P 500 Equal Weight | 0.33% | 30,449 | $5.5M | Add +16.1% |
| MOAT Vaneck Morningstar Wide Moat | 0.33% | 56,141 | $5.4M | New |
| BND Vanguard Total Bond Market | 0.33% | 71,464 | $5.4M | Reduce -0.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.33% | 58,014 | $5.3M | Reduce -0.4% |
| IEF iShares 7-10 Year Treasury B | 0.30% | 50,056 | $4.9M | Add +17.5% |
| HD Home Depot Inc. | 0.30% | 12,043 | $4.9M | Add +10.4% |
| ICOW Pacer Developed Markets Inte | 0.29% | 147,245 | $4.7M | New |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.27% | 16,565 | $4.4M | Add +138.3% |
| ESI Element Solutions Inc. | 0.25% | 151,351 | $4.1M | New |
| USIG iShares Broad Usd Investment | 0.25% | 77,166 | $4.1M | Add +27.6% |
| MBB iShares MBS ETF | 0.25% | 42,249 | $4.0M | Add +20.6% |
| COST Costco Wholesale Corp. | 0.24% | 4,453 | $3.9M | Add +1.9% |
| JNJ Johnson & Johnson | 0.24% | 24,242 | $3.9M | Add +7.8% |
| TLT iShares 20+ Year Treasury BD | 0.23% | 38,497 | $3.8M | Add +35.3% |
| UNH Unitedhealth Group Inc. | 0.23% | 6,451 | $3.8M | Add +6.3% |
| SPGP Invesco S&P 500 Garp ETF | 0.23% | 35,907 | $3.8M | New |
| CVX Chevron Corp. | 0.23% | 25,422 | $3.7M | Add +13.2% |
| ITOT iShares Core S&P Total U.S. | 0.23% | 29,407 | $3.7M | Add +11.3% |
| AVGO Broadcom Inc. | 0.22% | 20,951 | $3.6M | Add +8.2% |
| IJR iShares Core S&P Small-Cap E | 0.22% | 30,832 | $3.6M | Add +0.6% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.22% | 70,200 | $3.6M | Reduce -4.0% |
| CAT Caterpillar Inc. | 0.21% | 8,847 | $3.5M | Add +14.6% |
| REGL Prshrs S&P Mid 400 DVD Arist | 0.21% | 42,225 | $3.5M | Add +10.3% |
| SCHY Schwab International DVD ETF | 0.21% | 131,889 | $3.5M | New |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 5,490 | $3.4M | Add +8.3% |
| XLK SS Technology Select Sector | 0.21% | 14,910 | $3.4M | Add +18.9% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.21% | 71,372 | $3.4M | Add +26.9% |
| MSI Motorola Solutions Inc. | 0.20% | 7,421 | $3.3M | Add +0.6% |
| WMT Walmart Inc. | 0.20% | 39,613 | $3.2M | Add +15.7% |
| META Meta Platforms Inc. Class A | 0.19% | 5,384 | $3.1M | Add +4.7% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.18% | 80,566 | $2.9M | Add +6.5% |
| BR Broadridge Financial Solutio | 0.18% | 13,493 | $2.9M | Add +0.1% |
| PECO Phillips Edison & Company Inc. | 0.18% | 76,223 | $2.9M | Reduce -8.6% |
| ADBE Adobe Inc. | 0.17% | 5,431 | $2.8M | Add +6.5% |
| GOOG Alphabet Inc. Class C | 0.17% | 16,182 | $2.7M | Add +13.7% |
| IYR iShares US Real Estate ETF | 0.17% | 26,525 | $2.7M | Add +2.6% |
| AHR American Healthcare REIT Inc. | 0.16% | 99,637 | $2.6M | New |
| MCD McDonald's Corp. | 0.16% | 8,443 | $2.6M | Add +0.5% |
| CME Cme Group Inc. | 0.16% | 11,490 | $2.5M | Add +0.5% |
| CDW CDW Corp. | 0.14% | 10,363 | $2.3M | Add +6.0% |
| ZTS Zoetis Inc. | 0.14% | 11,846 | $2.3M | Add +7.6% |
| TGT Target Corp. | 0.14% | 14,627 | $2.3M | Add +9.0% |
| TSLA Tesla Inc. | 0.14% | 8,695 | $2.3M | Add +9.4% |
Options reported separately and not counted above: SPY puts ($152K).
Other holdings (2): bonds, preferreds, convertibles and warrants · $2.0M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 76,719 | $2.0M | New |
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | 54,980 | $1K | Reduce -6.4% |
Total filed on the 13F, all lines: $1.6B.
Portfolio Sells Q2 2024 → Q3 2024
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −3.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -6.5% | 6.44% | −1.69 |
| IVW iShares S&P 500 Growth ETF | Reduce -10.5% | 4.75% | −1.42 |
| SCHD Schwab US DVD Equity ETF | Reduce -90.5% | 0.13% | −1.39 |
| AVUV Avantis US Small Cap Value | Sold out | 0.00% | −1.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.4% | 5.06% | −1.04 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -4.1% | 4.16% | −0.84 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -3.2% | 3.69% | −0.65 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -12.9% | 0.82% | −0.31 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 1.14% | −0.16 |
| RWJ Invesco S&P Smallcap 600 | Reduce -84.5% | 0.02% | −0.14 |
| FTSM First Trust Enh Short Mat FD | Sold out | 0.00% | −0.12 |
| JQUA JPMorgan US Quality Factor | Reduce -5.7% | 0.54% | −0.10 |
| FSK FS KKR Capital Corp. | Reduce -0.9% | 0.48% | −0.10 |
| JMST JPM Ultra-Short Muni Income | Reduce -4.0% | 0.22% | −0.05 |
| BUL Pacer US Cash Cows Growth | Reduce -0.7% | 0.45% | −0.05 |
| BND Vanguard Total Bond Market | Reduce -0.1% | 0.33% | −0.05 |
| ELV Elevance Health Inc. | Reduce -23.2% | 0.07% | −0.04 |
| FUMB First Trust Ultra Short Dur | Reduce -15.8% | 0.09% | −0.04 |
| NMCO Nuveen Municipal Credit Opp | Sold out | 0.00% | −0.04 |
| V Visa Inc. Class A | Reduce -19.6% | 0.09% | −0.04 |
| NAD Nuveen Quality Municipal Inc. | Reduce -69.5% | 0.01% | −0.04 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -0.4% | 0.33% | −0.04 |
| DIS The Walt Disney Co. | Reduce -14.6% | 0.07% | −0.03 |
| XMYDX BlackRock Muniyield Fund | Sold out | 0.00% | −0.03 |
| INTC Intel Corp. | Reduce -44.1% | 0.02% | −0.03 |
| USB US Bancorp | Sold out | 0.00% | −0.03 |
| XBKNX BlackRock Invest QLTY Muni | Sold out | 0.00% | −0.03 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.03 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.03 |
| NZF Nuveen Municipal Credit Inc. | Reduce -70.7% | 0.01% | −0.03 |
| USRT iShares Core US REIT ETF | Reduce -3.1% | 0.36% | −0.03 |
| NVG Nuveen Amt-FR Muni CRDT | Sold out | 0.00% | −0.03 |
| VHT Vanguard Health Care ETF | Reduce -10.5% | 0.10% | −0.03 |
| ET Energy Transfer LP | Sold out | 0.00% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -32.5% | 0.04% | −0.03 |
| XHLF Bondbloxx BBG 6 MTH US Treas | Sold out | 0.00% | −0.03 |
| PECO Phillips Edison & Company Inc. | Reduce -8.6% | 0.18% | −0.03 |
| TKR Timken Co. | Sold out | 0.00% | −0.02 |
| XMVTX BlackRock Munivest Fund II | Sold out | 0.00% | −0.02 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -6.6% | 0.10% | −0.02 |
| CPRI Capri Holdings Ltd. | Sold out | 0.00% | −0.02 |
| BBJP JPMorgan Betabuilders Japan | Sold out | 0.00% | −0.02 |
| RFMZ Rivernorth Flex Muni II | Sold out | 0.00% | −0.02 |
| MMU Western Asset Managed Munici | Sold out | 0.00% | −0.02 |
| BFK BlackRock Municipal Inc. TRST | Sold out | 0.00% | −0.02 |
| MUE BlackRock Munihold QLT FD II | Sold out | 0.00% | −0.02 |
| PML PIMCO Municipal Income FD II | Sold out | 0.00% | −0.02 |
| OMFL Invesco Russell 1000 DYN M/F | Sold out | 0.00% | −0.02 |
| AOA iShares Core 80/20 Aggressiv | Sold out | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| EFA iShares MSCI Eafe ETF | Add +10431.8% | 4.36% | +4.32 |
| COWZ Pacer US Cash Cows 100 ETF | Add +95.2% | 3.07% | +1.29 |
| AVGE Avantis All Eqty Mrkts ETF | New | 1.26% | +1.26 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +127.6% | 2.45% | +1.26 |
| CALF PCR US SM CP CSH CWS ETF-Usd | New | 1.05% | +1.05 |
| INTF iShares International Equity | New | 0.93% | +0.93 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +367.4% | 1.10% | +0.85 |
| SPSB SS SPDR P St C Corp. ETF | New | 0.85% | +0.85 |
| ISCF iShares International Small | New | 0.76% | +0.76 |
| DON Wisdomtree US Midcap Dividen | New | 0.62% | +0.62 |
| SCTXX Schwab Amt Tax FR MNY-Ultra | Add +803.2% | 0.51% | +0.45 |
| PFFD Global X US Preferred ETF | New | 0.41% | +0.41 |
| GCOW Pacer Global Cash Cows Divid | New | 0.35% | +0.35 |
| WTV Wisdomtree U.S. Value Fund | New | 0.34% | +0.34 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.33% | +0.33 |
| ICOW Pacer Developed Markets Inte | New | 0.29% | +0.29 |
| ESI Element Solutions Inc. | New | 0.25% | +0.25 |
| SPGP Invesco S&P 500 Garp ETF | New | 0.23% | +0.23 |
| SCHY Schwab International DVD ETF | New | 0.21% | +0.21 |
| JAAA Janus Henderson Aaa Clo ETF | Add +44.5% | 1.08% | +0.18 |
| AHR American Healthcare REIT Inc. | New | 0.16% | +0.16 |
| IDEV iShares Core MSCI Dev MKTS | Add +73.2% | 0.44% | +0.16 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +138.3% | 0.27% | +0.14 |
| FYLD Cambria Foreign Shareholder | New | 0.12% | +0.12 |
| IWN iShares Russell 2000 Value E | New | 0.10% | +0.10 |
| GRPM Invesco S&P Midcap 400 Garp | New | 0.06% | +0.06 |
| AVDV Avantis Intl S/C Value ETF | New | 0.05% | +0.05 |
| IBDQ iShares Ibonds Dec 2025 Term | New | 0.04% | +0.04 |
| IBDR iShares Ibonds Dec 2026 Term | New | 0.04% | +0.04 |
| BMY Bristol-Myers Squibb Co. | New | 0.04% | +0.04 |
| IBDP iShares Ibonds Dec 2024 Term | New | 0.04% | +0.04 |
| GLOF iShares Global Equity Factor | New | 0.04% | +0.04 |
| TLT iShares 20+ Year Treasury BD | Add +35.3% | 0.23% | +0.04 |
| GOVT iShares US Treasury Bond ETF | Add +30.1% | 0.34% | +0.04 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +251.1% | 0.06% | +0.04 |
| SPHD Invesco S&P 500 High Dividen | New | 0.03% | +0.03 |
| HYD Vaneck High Yield Muni ETF | New | 0.03% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | New | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +15.7% | 0.20% | +0.03 |
| XOM Exxon Mobil Corp. | Add +24.9% | 0.46% | +0.03 |
| DFAT Dimensional US Target Value | New | 0.02% | +0.02 |
| USIG iShares Broad Usd Investment | Add +27.6% | 0.25% | +0.02 |
| SHEL Shell PLC-ADR | New | 0.02% | +0.02 |
| QDPL Pacer Met US LRG Cap DVD 400 | Add +73.5% | 0.07% | +0.02 |
| TSLA Tesla Inc. | Add +9.4% | 0.14% | +0.02 |
| SPIB SS SPDR P Int C Corp. ETF | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | Add +14.6% | 0.21% | +0.02 |
| HD Home Depot Inc. | Add +10.4% | 0.30% | +0.02 |
| SUB iShares Short-Term National | New | 0.02% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | New | 0.02% | +0.02 |
Options Activity Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 10,500 | $152K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | New | 76,719 | $2.0M |
| ADVENT CONVERTIBLE AND INCOM | RIGHT 10/17/2024 | Reduce -6.4% | 54,980 | $1K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,098 | $8.4B | FBND, JCPB, SPYM, PVAL, AAPL |
| Q1 2026 | 869 | $5.8B | FBND, JAAA, AAPL, SPTM, PVAL |
| Q4 2025 | 840 | $5.5B | FBND, AAPL, JAAA, SPTM, QQQ |
| Q3 2025 | 802 | $5.1B | JAAA, QQQ, SPTM, AAPL, IVW |
| Q2 2025Amended | 775 | $4.1B | QQQ, SPTM, IVW, JAAA, VTI |
| Q1 2025Amended | 675 | $3.1B | SPTM, SPY, IVW, JAAA, DIA |
| Q4 2024Amended | 579 | $2.7B | SPTM, IVW, SPY, AAPL, IVE |
| Q3 2024Amended | 433 | $1.6B | STIP, QQQ, SPY, IVW, EFA |
| Q2 2024Amended | 404 | $1.4B | QQQ, STIP, IVW, SPY, IJK |
| Q1 2024Amended | 297 | $1.1B | STIP, INVESCO QQQ TR, SPY, IVW, IVE |