Modern Wealth Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed June 2, 2025), Modern Wealth Management, LLC reported 675 stock positions worth $3.1 billion. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 3.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.3%) and iShares S&P 500 Growth ETF (IVW, 3.3%). Compared with Q4 2024, it opened 123 new positions, sold out of 27, added to 377 and reduced 150. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +492%) and the biggest sale iShares S&P 500 Value ETF (IVE, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- KANSAS CITY, MO
- CIK
- 0002001900
- Portfolio Value
- $3.1B (Q1 2025)
- SEC Filing
- 0002001900-25-000019 ↗ filed Jun 2, 2025
Holdings Value
Holdings 675 stocks · $3.1B
| SPTM SS SPDR P S&P 1500 Comp ETF | 3.68% | 1,694,483 | $115.2M | Reduce -1.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.34% | 186,723 | $104.5M | Add +25.0% |
| IVW iShares S&P 500 Growth ETF | 3.28% | 1,105,387 | $102.6M | Add +26.1% |
| JAAA Janus Henderson Aaa Clo ETF | 3.08% | 1,898,774 | $96.3M | Add +49.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 2.79% | 207,728 | $87.2M | Add +29.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.52% | 286,290 | $78.7M | Add +252.9% |
| AAPL Apple Inc. | 2.48% | 349,317 | $77.6M | Add +11.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 2.13% | 1,306,891 | $66.7M | Add +5.3% |
| STIP iShares 0-5 Year Tips Bond E | 2.06% | 622,991 | $64.5M | Reduce -2.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.04% | 697,173 | $64.0M | Add +491.6% |
| FBND Fidelity Total Bond ETF | 1.90% | 1,303,175 | $59.5M | Add +42.3% |
| MSFT Microsoft Corp. | 1.74% | 144,852 | $54.4M | Add +39.3% |
| QUAL iShares MSCI USA Quality Fac | 1.65% | 302,519 | $51.7M | Add +67.6% |
| COWZ Pacer US Cash Cows 100 ETF | 1.58% | 900,095 | $49.3M | Add +0.3% |
| TCAF T Rowe PRC Cap Appreciation | 1.30% | 1,263,756 | $40.8M | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.30% | 86,867 | $40.7M | Add +7.2% |
| VOO Vanguard S&P 500 ETF | 1.27% | 77,478 | $39.8M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 1.23% | 156,789 | $38.5M | Add +1.0% |
| IVV iShares Core S&P 500 ETF | 1.06% | 59,113 | $33.2M | Add +28.2% |
| SHY iShares 1-3 Year Treasury Bo | 1.04% | 392,219 | $32.4M | Add +5.6% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 1.04% | 704,164 | $32.4M | Add +12.5% |
| IOO iShares Global 100 ETF | 0.98% | 316,906 | $30.5M | Add +0.2% |
| XLE SS Energy Select Sector | 0.95% | 316,623 | $29.6M | Add +5.3% |
| USFR Wisdomtree Floating Rate Tre | 0.82% | 512,187 | $25.8M | Reduce -4.5% |
| XLRE SS Real Estate Select Sector | 0.82% | 613,294 | $25.7M | Reduce -1.6% |
| VONE Vanguard Russell 1000 | 0.78% | 96,419 | $24.5M | Add +0.6% |
| INTF iShares International Equity | 0.76% | 773,168 | $23.8M | Add +52.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.75% | 91,650 | $23.6M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.73% | 42,964 | $22.9M | Reduce -1.5% |
| HON Honeywell International Inc. | 0.71% | 105,250 | $22.3M | Add +21.1% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.71% | 276,954 | $22.3M | Add +12.4% |
| VEA Vanguard Ftse Developed ETF | 0.68% | 419,324 | $21.3M | Add +2464.5% |
| SNSR Global X Internet of Things | 0.67% | 638,708 | $21.0M | Add +4.4% |
| DGRW Wisdomtree U.S. Quality Divi | 0.66% | 259,109 | $20.7M | Add +2.5% |
| EMLP First Trust North American E | 0.63% | 522,473 | $19.6M | Reduce -0.5% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.62% | 546,957 | $19.5M | Add +411.1% |
| PVAL Putnam Focused LRG Cap Value | 0.62% | 511,520 | $19.5M | New |
| OUNZ Vaneck Merk Gold ETF | 0.61% | 629,455 | $19.0M | Add +0.2% |
| CVX Chevron Corp. | 0.60% | 112,588 | $18.8M | Add +8.9% |
| AVUV Avantis US Small Cap Value | 0.59% | 212,814 | $18.6M | Add +1.1% |
| SPSB SS SPDR P St C Corp. ETF | 0.56% | 585,648 | $17.6M | Add +12.6% |
| CALF PCR US SM CP CSH CWS ETF-Usd | 0.55% | 454,645 | $17.0M | Add +16.0% |
| EIPI FT Energy Income ETF | 0.54% | 828,273 | $16.8M | Add +3.0% |
| JMBS Janus Henderson Mortg Backed | 0.53% | 368,754 | $16.7M | Add +27.9% |
| NVDA Nvidia Corp. | 0.53% | 152,398 | $16.5M | Add +38.2% |
| VGIT Vanguard Intermediate-Term T | 0.52% | 272,066 | $16.2M | Add +3875.8% |
| AMZN Amazon.com Inc. | 0.51% | 84,198 | $16.0M | Add +18.8% |
| DIVO Amplify CWP Enhan Divid ETF | 0.51% | 389,776 | $15.9M | Add +1.6% |
| IQLT iShares MSCI International Q | 0.48% | 382,220 | $15.2M | New |
| NEE Nextera Energy Inc. | 0.48% | 211,643 | $15.0M | Add +5.3% |
| MBB iShares MBS ETF | 0.47% | 155,925 | $14.6M | Add +14.4% |
| HELO JPMorgan Hedged Equity ETF | 0.46% | 243,630 | $14.5M | Add +1.9% |
| FLTR Vaneck Ig Floating Rate ETF | 0.46% | 569,022 | $14.5M | Add +4.5% |
| ITOT iShares Core S&P Total U.S. | 0.46% | 117,792 | $14.4M | Add +286.8% |
| CIBR First Trust Nasdaq Cybersecu | 0.45% | 224,951 | $14.2M | Add +1.1% |
| LRGF iShares US Equity Factor ETF | 0.45% | 241,441 | $14.0M | New |
| XOM Exxon Mobil Corp. | 0.44% | 116,394 | $13.8M | Add +4.4% |
| GOOG Alphabet Inc. Class C | 0.42% | 84,584 | $13.2M | Add +10.8% |
| GOVT iShares US Treasury Bond ETF | 0.42% | 571,447 | $13.1M | Add +31.2% |
| AGG iShares Core U.S. Aggregate | 0.39% | 123,334 | $12.2M | Add +2309.3% |
| IDEV iShares Core MSCI Dev MKTS | 0.39% | 185,791 | $12.2M | Add +49.1% |
| HEFA Isha Curr Hedged MSCI Eafe | 0.37% | 321,105 | $11.7M | Reduce -10.4% |
| ISCF iShares International Small | 0.37% | 340,606 | $11.5M | Reduce -4.6% |
| IYW iShares Ustechnology ETF | 0.36% | 80,590 | $11.3M | Add +11.4% |
| AVLV Avantis US Large Cap Value | 0.36% | 173,215 | $11.3M | Add +2.1% |
| JQUA JPMorgan US Quality Factor | 0.36% | 198,057 | $11.2M | Add +19.8% |
| ABBV Abbvie Inc. | 0.35% | 52,808 | $11.1M | Add +9.4% |
| PG The Procter & Gamble Co. | 0.35% | 64,626 | $11.0M | Add +15.1% |
| KMI Kinder Morgan Inc. | 0.35% | 383,139 | $10.9M | Add +0.2% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.34% | 263,472 | $10.7M | Add +0.7% |
| PFFD Global X US Preferred ETF | 0.34% | 557,594 | $10.6M | Reduce -3.6% |
| SPTS SS SPDR P St Term TSY ETF | 0.34% | 362,861 | $10.6M | Add +12.0% |
| ICOW Pacer Developed Markets Inte | 0.33% | 327,914 | $10.3M | Add +8.4% |
| IAU iShares Gold Trust | 0.33% | 174,051 | $10.3M | Add +14.5% |
| VONG Vanguard Russell 1000 Growth | 0.33% | 110,324 | $10.2M | Add +47.4% |
| GOOGL Alphabet Inc. Class A | 0.32% | 65,087 | $10.1M | Add +23.0% |
| LLY Eli Lilly & Co. | 0.31% | 11,793 | $9.7M | Add +12.7% |
| VIG Vanguard Dividend Apprec ETF | 0.30% | 48,176 | $9.3M | Add +77.3% |
| IUSV iShares Core S&P U.S. Value | 0.29% | 99,495 | $9.2M | Add +1.2% |
| RMT Royce Micro-Cap Trust Inc. | 0.29% | 1,074,754 | $9.1M | Add +10.9% |
| JCPB JPMorgan Core Plus Bond ETF | 0.29% | 192,483 | $9.1M | New |
| TLH iShares 10-20 Year Treasury | 0.27% | 82,668 | $8.6M | Add +39.7% |
| KNG FT Vest S&P 500 DVD Arst TRG | 0.27% | 166,877 | $8.4M | Add +8.8% |
| FSK FS KKR Capital Corp. | 0.27% | 401,093 | $8.4M | Reduce -0.0% |
| FTLS First Trust Long/Short Eqty | 0.27% | 130,551 | $8.4M | Reduce -6.2% |
| HFSI Hartfor Strateg Income ETF-U | 0.26% | 238,940 | $8.3M | New |
| XMHQ Invesco S&P Midcap Qual ETF | 0.25% | 85,576 | $7.8M | Add +25.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.25% | 102,776 | $7.8M | Add +797.3% |
| RVT Royce Small-Cap Trust Inc. | 0.25% | 540,330 | $7.7M | Add +0.5% |
| IEF iShares 7-10 Year Treasury B | 0.24% | 78,882 | $7.5M | Add +17.4% |
| COST Costco Wholesale Corp. | 0.24% | 7,908 | $7.5M | Add +6.8% |
| IAGG iShares Intl Aggregate Bond | 0.23% | 142,054 | $7.1M | Reduce -26.4% |
| BUL Pacer US Cash Cows Growth | 0.22% | 159,125 | $7.0M | Add +0.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.22% | 87,647 | $6.9M | Add +8.5% |
| USIG iShares Broad Usd Investment | 0.22% | 146,451 | $6.8M | Add +41.4% |
| JNJ Johnson & Johnson | 0.22% | 40,596 | $6.7M | Add +30.1% |
| FXR First Trust Indst/Producers | 0.21% | 96,486 | $6.7M | Reduce -0.1% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.21% | 114,663 | $6.7M | New |
| IWM iShares Russell 2000 ETF | 0.21% | 32,274 | $6.4M | Add +18.9% |
| BA The Boeing Co. | 0.21% | 37,638 | $6.4M | Add +22.9% |
Options reported separately and not counted above: SPY puts ($617K), LLY puts ($211K).
Portfolio Sells Q4 2024 → Q1 2025
| IVE iShares S&P 500 Value ETF | Reduce -92.6% | 0.16% | −2.41 |
| IYR iShares US Real Estate ETF | Reduce -94.9% | 0.11% | −2.34 |
| SPTM SS SPDR P S&P 1500 Comp ETF | Reduce -1.2% | 3.68% | −0.89 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.42 |
| SCHD Schwab US DVD Equity ETF | Reduce -66.5% | 0.17% | −0.42 |
| DON Wisdomtree US Midcap Dividen | Reduce -95.0% | 0.02% | −0.36 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -2.3% | 2.06% | −0.34 |
| VCIT Vanguard Int-Term Corporate | Reduce -94.1% | 0.02% | −0.30 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Reduce -81.1% | 0.04% | −0.19 |
| USFR Wisdomtree Floating Rate Tre | Reduce -4.5% | 0.82% | −0.18 |
| IAGG iShares Intl Aggregate Bond | Reduce -26.4% | 0.23% | −0.13 |
| XLRE SS Real Estate Select Sector | Reduce -1.6% | 0.82% | −0.13 |
| XLK SS Technology Select Sector | Reduce -69.0% | 0.04% | −0.13 |
| PSCI Invesco S&P Smallcap Industr | Sold out | 0.00% | −0.12 |
| ETF OPPORTUNITIES TRUST | Sold out | 0.00% | −0.11 |
| HEFA Isha Curr Hedged MSCI Eafe | Reduce -10.4% | 0.37% | −0.09 |
| TLT iShares 20+ Year Treasury BD | Reduce -29.2% | 0.15% | −0.09 |
| PFFD Global X US Preferred ETF | Reduce -3.6% | 0.34% | −0.08 |
| AVGO Broadcom Inc. | Reduce -3.4% | 0.11% | −0.08 |
| FTLS First Trust Long/Short Eqty | Reduce -6.2% | 0.27% | −0.07 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.07 |
| EMLP First Trust North American E | Reduce -0.5% | 0.63% | −0.07 |
| TGT Target Corp. | Reduce -69.6% | 0.02% | −0.07 |
| ISCF iShares International Small | Reduce -4.6% | 0.37% | −0.06 |
| FSK FS KKR Capital Corp. | Reduce -0.0% | 0.27% | −0.06 |
| FXR First Trust Indst/Producers | Reduce -0.1% | 0.21% | −0.06 |
| DOW Dow Inc. | Reduce -30.2% | 0.06% | −0.05 |
| JGRO JPMorgan Active Growth ETF | Reduce -1.1% | 0.15% | −0.04 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -3.6% | 0.15% | −0.04 |
| BOTZ Global X Robotics & Artifici | Reduce -0.0% | 0.13% | −0.04 |
| BND Vanguard Total Bond Market | Reduce -6.2% | 0.18% | −0.04 |
| RSP Invesco S&P 500 Equal Weight | Reduce -2.6% | 0.18% | −0.04 |
| ESI Element Solutions Inc. | Reduce -0.0% | 0.11% | −0.03 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -17.1% | 0.09% | −0.03 |
| USRT iShares Core US REIT ETF | Reduce -2.4% | 0.16% | −0.03 |
| AGZD Wisdomtree Trust Wisdomtree | Reduce -1.3% | 0.14% | −0.03 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.03 |
| PLD Prologis Inc. | Reduce -7.9% | 0.12% | −0.02 |
| KNX Knight-Swift Transportation | Reduce -64.1% | 0.01% | −0.02 |
| SW Smurfit Westrock PLC | Sold out | 0.00% | −0.02 |
| BAC Bank of America Corp. | Reduce -0.6% | 0.08% | −0.02 |
| JMST JPM Ultra-Short Muni Income | Reduce -0.8% | 0.11% | −0.02 |
| NAD Nuveen Quality Municipal Inc. | Reduce -2.7% | 0.09% | −0.02 |
| IWF iShares Russell 1000 Growth | Reduce -0.1% | 0.06% | −0.02 |
| UNP Union Pacific Corp. | Reduce -22.2% | 0.04% | −0.02 |
| WELL Welltower Inc. | Reduce -12.3% | 0.18% | −0.02 |
| RODM Hartford Multifact Dev MRKT | Reduce -3.9% | 0.15% | −0.02 |
| IFRA iShares US Infrastructure | Sold out | 0.00% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -8.6% | 0.05% | −0.01 |
| ARKK ARK Innovation ETF | Reduce -17.8% | 0.02% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +491.6% | 2.04% | +1.64 |
| VTI VG Morningstar TS MKT ETF-US | Add +252.9% | 2.52% | +1.64 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.75% | +0.75 |
| JAAA Janus Henderson Aaa Clo ETF | Add +49.4% | 3.08% | +0.67 |
| VEA Vanguard Ftse Developed ETF | Add +2464.5% | 0.68% | +0.65 |
| PVAL Putnam Focused LRG Cap Value | New | 0.62% | +0.62 |
| VGIT Vanguard Intermediate-Term T | Add +3875.8% | 0.52% | +0.50 |
| IQLT iShares MSCI International Q | New | 0.48% | +0.48 |
| CGDV Cap Group Dividend Value | Add +411.1% | 0.62% | +0.48 |
| QUAL iShares MSCI USA Quality Fac | Add +67.6% | 1.65% | +0.45 |
| LRGF iShares US Equity Factor ETF | New | 0.45% | +0.45 |
| AGG iShares Core U.S. Aggregate | Add +2309.3% | 0.39% | +0.37 |
| FBND Fidelity Total Bond ETF | Add +42.3% | 1.90% | +0.37 |
| ITOT iShares Core S&P Total U.S. | Add +286.8% | 0.46% | +0.31 |
| JCPB JPMorgan Core Plus Bond ETF | New | 0.29% | +0.29 |
| HFSI Hartfor Strateg Income ETF-U | New | 0.26% | +0.26 |
| DIA SS SPDR Dow Jones Indus Avg | Add +29.6% | 2.79% | +0.24 |
| INTF iShares International Equity | Add +52.6% | 0.76% | +0.22 |
| IEFA iShares Core MSCI Eafe ETF | Add +797.3% | 0.25% | +0.22 |
| EEMV iShares MSCI Emg MKT Min Vol | New | 0.21% | +0.21 |
| VEU Vanguard Ftse All-World Ex-U | New | 0.19% | +0.19 |
| SCHB Schwab US Broad Market ETF | New | 0.17% | +0.17 |
| EMGF iShares Emerging Markets Equ | New | 0.16% | +0.16 |
| SCHF Schwab Intl Equity ETF | New | 0.16% | +0.16 |
| VIGI Vanguard Int Div App Indx FD | New | 0.13% | +0.13 |
| SMLF iShares US Smallcap Equity F | New | 0.11% | +0.11 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | New | 0.10% | +0.10 |
| MSFT Microsoft Corp. | Add +39.3% | 1.74% | +0.10 |
| VIG Vanguard Dividend Apprec ETF | Add +77.3% | 0.30% | +0.10 |
| AVDE Avantis International Equity | Add +857.1% | 0.11% | +0.10 |
| IEMG iShares Core MSCI Emerging | Add +112.0% | 0.20% | +0.09 |
| IDEV iShares Core MSCI Dev MKTS | Add +49.1% | 0.39% | +0.09 |
| PGX Invesco Preferred ETF | Add +9.8% | 0.09% | +0.08 |
| SMMV iShares MSCI USA Small-Cap M | New | 0.08% | +0.08 |
| DFAS Dimensional US Small Cap ETF | New | 0.08% | +0.08 |
| SPYM Ste STR SPDR PT S&P 500 ETF | New | 0.07% | +0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.0% | 3.34% | +0.07 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +202.3% | 0.12% | +0.07 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +171.7% | 0.11% | +0.07 |
| CSCO Cisco Systems Inc. | Add +63.6% | 0.19% | +0.06 |
| EFA iShares MSCI Eafe ETF | Add +278.8% | 0.08% | +0.06 |
| JMBS Janus Henderson Mortg Backed | Add +27.9% | 0.53% | +0.06 |
| IJJ iShares S&P Mid-Cap 400 Valu | New | 0.06% | +0.06 |
| TLH iShares 10-20 Year Treasury | Add +39.7% | 0.27% | +0.05 |
| LECO Lincoln Electric Holdings | New | 0.05% | +0.05 |
| OEF iShares S&P 100 ETF | New | 0.05% | +0.05 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.05% | +0.05 |
| UBER Uber Technologies Inc. | New | 0.05% | +0.05 |
| PDN Inv Rafi Dev MKT US SM-Usdin | New | 0.05% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +28.2% | 1.06% | +0.05 |
Options Activity Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +46.1% | 28,200 | $617K |
| LLY Eli Lilly & Co. | put | New | 3,300 | $211K |
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 |
|---|---|---|---|
| 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 |