Napa Wealth Management
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Napa Wealth Management reported 156 stock positions worth $211.3 million. Its top holding was Neos Enhanced Income 1-3 Mon (CSHI) at 21.6% of the portfolio, followed by SS Spdrb B 3-12M T-Bill ETF (BILS, 3.0%) and Apple (AAPL, 2.9%). Compared with Q2 2024, it opened 67 new positions, sold out of 26, added to 57 and reduced 30. The biggest buy was a new position in Neos Enhanced Income 1-3 Mon (CSHI) and the biggest sale Wisdomtree Floating Rate Tre (USFR, shares −90%).
- Most Recent 13F
- Q3 2025
- Location
- Napa, CA
- CIK
- 0001602844
- Portfolio Value
- $211.3M (Q3 2024)
- SEC Filing
- 0001172661-24-004513 ↗ filed Nov 7, 2024
Holdings Value
Holdings 156 stocks · $211.3M
| CSHI Neos Enhanced Income 1-3 Mon | 21.65% | 918,515 | $45.7M | New |
| BILS SS Spdrb B 3-12M T-Bill ETF | 2.98% | 63,230 | $6.3M | Add +31.1% |
| AAPL Apple Inc. | 2.92% | 26,515 | $6.2M | Add +312.8% |
| SPTS SS SPDR P St Term TSY ETF | 2.10% | 150,953 | $4.4M | Add +0.5% |
| META Meta Platforms Inc. Class A | 2.06% | 7,620 | $4.4M | Add +381.7% |
| TSLA Tesla Inc. | 1.85% | 14,967 | $3.9M | Add +994.9% |
| AVGO Broadcom Inc. | 1.71% | 20,946 | $3.6M | New |
| COST Costco Wholesale Corp. | 1.65% | 3,944 | $3.5M | New |
| QQQ Invesco QQQ Trust Series 1 | 1.46% | 6,316 | $3.1M | Reduce -0.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.30% | 40,820 | $2.8M | Add +1.1% |
| LLY Eli Lilly & Co. | 1.28% | 3,048 | $2.7M | Add +379.3% |
| NVDA Nvidia Corp. | 1.25% | 21,834 | $2.7M | Add +20.6% |
| UNH Unitedhealth Group Inc. | 1.13% | 4,092 | $2.4M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.13% | 5,171 | $2.4M | New |
| HTGC Hercules Capital Inc. | 1.12% | 120,294 | $2.4M | Add +5.6% |
| ABBV Abbvie Inc. | 1.10% | 11,771 | $2.3M | New |
| WMT Walmart Inc. | 1.09% | 28,569 | $2.3M | New |
| BSX Boston Scientific Corp. | 1.09% | 27,392 | $2.3M | New |
| IVV iShares Core S&P 500 ETF | 1.09% | 3,977 | $2.3M | Reduce -0.1% |
| LMT Lockheed Martin Corp. | 1.07% | 3,881 | $2.3M | New |
| KKR KKR & Co. Inc. | 1.06% | 17,204 | $2.2M | New |
| USFR Wisdomtree Floating Rate Tre | 1.04% | 43,909 | $2.2M | Reduce -90.1% |
| BNDI Neos Enhanced Inc. Agg BD ETF | 0.99% | 43,081 | $2.1M | New |
| HIGH Simplify Enhanced Income ETF | 0.99% | 89,133 | $2.1M | New |
| MSFT Microsoft Corp. | 0.92% | 4,542 | $2.0M | Reduce -2.7% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.92% | 66,971 | $1.9M | Add +44.3% |
| SPTI SS SPDR P Int Term TSY ETF | 0.92% | 66,789 | $1.9M | Add +6.0% |
| AMZN Amazon.com Inc. | 0.84% | 9,567 | $1.8M | Add +177.6% |
| TIPX SS SPDR BB 1-10YR Tips ETF | 0.75% | 83,128 | $1.6M | Add +14.3% |
| ISRG Intuitive Surgical Inc. | 0.71% | 3,049 | $1.5M | Add +382.4% |
| IRVH Global X Interest RT Vol Inf | 0.70% | 68,680 | $1.5M | Add +109.2% |
| QQQM Invesco Nasdaq 100 ETF | 0.68% | 7,102 | $1.4M | Add +46.3% |
| AGGH Simplify Aggregate Bond ETF | 0.67% | 65,148 | $1.4M | New |
| KWEB Kranesh Csi China Internet | 0.65% | 40,347 | $1.4M | Reduce -3.1% |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | 0.64% | 99,198 | $1.3M | Add +43.0% |
| RTX RTX Corp. | 0.62% | 10,789 | $1.3M | New |
| AIQ Global X Art Intel & Tech | 0.61% | 34,758 | $1.3M | Reduce -0.4% |
| SPOT Spotify Technology SA | 0.59% | 3,398 | $1.3M | New |
| BNDX Vanguard Total Intl Bond ETF | 0.57% | 24,088 | $1.2M | Add +3.6% |
| IJR iShares Core S&P Small-Cap E | 0.57% | 10,329 | $1.2M | Add +66.8% |
| IEI iShares 3-7 Year Treasury Bo | 0.57% | 10,043 | $1.2M | Add +28.8% |
| GE General Electric filed as GE AEROSPACE | 0.56% | 6,255 | $1.2M | New |
| BLK BlackRock Finance Inc. | 0.56% | 1,242 | $1.2M | New |
| TMUS T-Mobile US Inc. | 0.56% | 5,712 | $1.2M | New |
| CTA Simplify Managed Futures St | 0.55% | 44,646 | $1.2M | New |
| MMM 3M Co. | 0.55% | 8,438 | $1.2M | New |
| NVG Nuveen Amt-FR Muni CRDT | 0.54% | 85,862 | $1.1M | Add +55.0% |
| EDV Vanguard Extended Dur Treas | 0.54% | 14,345 | $1.1M | Add +31.8% |
| NEE Nextera Energy Inc. | 0.54% | 13,517 | $1.1M | New |
| TXN Texas Instruments Inc. | 0.54% | 5,522 | $1.1M | New |
| IWMI Neos Russell 2000 High Inc. | 0.54% | 22,162 | $1.1M | New |
| KMI Kinder Morgan Inc. | 0.54% | 51,265 | $1.1M | New |
| PGR Progressive Corp. | 0.53% | 4,444 | $1.1M | New |
| KDP Keurig Dr Pepper Inc. | 0.53% | 29,944 | $1.1M | New |
| AMGN Amgen Inc. | 0.52% | 3,426 | $1.1M | New |
| NEM Newmont Corp. | 0.52% | 20,646 | $1.1M | New |
| SPGI S&P Global Inc. | 0.52% | 2,131 | $1.1M | New |
| KRANESHARES TRUST | 0.51% | 87,032 | $1.1M | Add +79.6% |
| TLTW iShares 20+ Bond Buywrite | 0.51% | 39,724 | $1.1M | New |
| LQDW iShares Ingr Corp. BD B/W ETF | 0.49% | 36,601 | $1.0M | New |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.48% | 11,093 | $1.0M | Reduce -94.8% |
| QTEC First Trust Nasdq 100 Tech I | 0.47% | 5,227 | $1000K | Reduce -8.8% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.46% | 43,489 | $968K | Add +34.4% |
| MNA Nylim Merger Arbtrage ETF-Ui filed as NEW YORK LIFE INVESTMENTS ET | 0.45% | 28,922 | $951K | New |
| BIZD Vaneck BDC Income ETF | 0.45% | 57,123 | $946K | Add +43.6% |
| PFFV Global X Variable Rate Pref | 0.44% | 38,758 | $932K | Add +35.3% |
| BKLN Invesco Senior Loan ETF | 0.44% | 44,074 | $926K | Add +39.0% |
| PFO Flaherty & Crumrine P&I Opp | 0.43% | 97,047 | $913K | Add +21.6% |
| CEF Sprott Physical Gold and Sil | 0.43% | 36,935 | $905K | Add +24.0% |
| TLH iShares 10-20 Year Treasury | 0.42% | 8,200 | $897K | Add +24.0% |
| USDU Wisdomtree BBG Usd Bullish | 0.42% | 33,717 | $895K | New |
| REM iShares Mortgage Real Estate | 0.42% | 37,656 | $894K | Add +23.5% |
| ANET Arista Networks Inc. | 0.42% | 2,323 | $892K | Reduce -0.9% |
| XDTE Roundhi S&P 500 0DTE CCS ETF | 0.42% | 16,814 | $887K | New |
| SMH Vaneck Semiconductor ETF | 0.42% | 3,591 | $881K | Reduce -1.8% |
| FTGC First Trust Global Tactical | 0.42% | 37,150 | $880K | Reduce -19.9% |
| HYGW iShares HY Corp. BD Buywr ETF | 0.40% | 25,944 | $851K | New |
| EMHY iShares J.P. Morgan Em High | 0.40% | 21,648 | $845K | New |
| SHY iShares 1-3 Year Treasury Bo | 0.40% | 10,107 | $840K | Reduce -31.5% |
| QDTE Roundhill Nasdaq-100 0DTE Co. | 0.40% | 19,684 | $840K | New |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.40% | 41,978 | $835K | New |
| SHV iShares 0-1 Year Treasury Bo | 0.37% | 7,072 | $782K | Reduce -69.5% |
| AOR iShares Core 60/40 Balanced | 0.36% | 12,930 | $764K | Add +3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.35% | 1,273 | $730K | Reduce -2.8% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.32% | 6,017 | $680K | Add +18.9% |
| GOOGL Alphabet Inc. Class A | 0.32% | 4,065 | $674K | Add +14.2% |
| FXF Invesco Currencyshares Swiss | 0.31% | 6,214 | $653K | Reduce -24.8% |
| CAVA Cava Group Inc. | 0.30% | 5,197 | $644K | Add +29.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.30% | 2,265 | $641K | Reduce -4.3% |
| DECK Deckers Outdoor Corp. | 0.30% | 3,918 | $625K | Reduce -0.6% |
| BWX SS SPDR BB Intl Treasury BD | 0.27% | 23,979 | $560K | New |
| SPIP SS SPDR P Tips ETF | 0.26% | 21,291 | $560K | Reduce -20.6% |
| SVOL Simplify Volatility Premium | 0.26% | 25,281 | $555K | New |
| CDNS Cadence Design SYS Inc. | 0.25% | 1,937 | $525K | Reduce -0.8% |
| SKYY First Trust Cloud Computing | 0.25% | 5,090 | $520K | No change |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.24% | 9,386 | $516K | New |
| HYGH iShares Int Rate Hedg HY ETF | 0.24% | 5,844 | $504K | New |
| PWRD TCW Transform Systems ETF | 0.24% | 6,757 | $500K | Add +3.0% |
| MAXI Simplify Bitcoin STRT ETF-Ui | 0.21% | 20,222 | $447K | New |
| YMAX Yieldmax Universe Fo in Etfs | 0.21% | 24,995 | $446K | New |
Portfolio Sells Q2 2024 → Q3 2024
| USFR Wisdomtree Floating Rate Tre | Reduce -90.1% | 1.04% | −14.02 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -94.8% | 0.48% | −12.69 |
| EYLD Cambria Emerg Shrhldr Yield | Sold out | 0.00% | −2.68 |
| ECOW Pacer Emerging Markets Cash | Sold out | 0.00% | −2.66 |
| IXC iShares Global Energy ETF | Sold out | 0.00% | −2.03 |
| RSPG Invesco S&P 500 Equal Weight | Sold out | 0.00% | −1.96 |
| RSPR Invesco S&P 500 Equal Weight | Sold out | 0.00% | −1.94 |
| RSPF Invesco S&P 500 Equal Weight | Sold out | 0.00% | −1.93 |
| USRT iShares Core US REIT ETF | Sold out | 0.00% | −1.59 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −1.55 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −1.51 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -69.5% | 0.37% | −1.36 |
| HERD Pacer Cash Cows Fund of Fund | Sold out | 0.00% | −0.89 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.0% | 1.46% | −0.58 |
| AGG iShares Core U.S. Aggregate | Sold out | 0.00% | −0.51 |
| NOW ServiceNow Inc. | Sold out | 0.00% | −0.50 |
| MSFT Microsoft Corp. | Reduce -2.7% | 0.92% | −0.48 |
| AVUV Avantis US Small Cap Value | Sold out | 0.00% | −0.45 |
| FYLD Cambria Foreign Shareholder | Sold out | 0.00% | −0.45 |
| PSP Invesco Global Listed Privat | Sold out | 0.00% | −0.43 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -31.5% | 0.40% | −0.42 |
| SPDW Ste STR SPDR PT DW Eu ETF | Sold out | 0.00% | −0.39 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 1.09% | −0.38 |
| PCY Invesco Emerging Markets Sov | Sold out | 0.00% | −0.38 |
| SPEM State Street SP PTF Em ETF | Sold out | 0.00% | −0.35 |
| FTGC First Trust Global Tactical | Reduce -19.9% | 0.42% | −0.33 |
| QTEC First Trust Nasdq 100 Tech I | Reduce -8.8% | 0.47% | −0.29 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.27 |
| GCOW Pacer Global Cash Cows Divid | Reduce -44.3% | 0.19% | −0.26 |
| FXF Invesco Currencyshares Swiss | Reduce -24.8% | 0.31% | −0.24 |
| AIQ Global X Art Intel & Tech | Reduce -0.4% | 0.61% | −0.23 |
| SMH Vaneck Semiconductor ETF | Reduce -1.8% | 0.42% | −0.23 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.21 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.20 |
| SPIP SS SPDR P Tips ETF | Reduce -20.6% | 0.26% | −0.20 |
| SUB iShares Short-Term National | Reduce -45.3% | 0.12% | −0.19 |
| AAPD Direxion Daily Aapl Bear 1X | Sold out | 0.00% | −0.18 |
| CDNS Cadence Design SYS Inc. | Reduce -0.8% | 0.25% | −0.16 |
| FXY Invesco Currencyshares Japan | Reduce -27.9% | 0.20% | −0.15 |
| CPT Camden Property Trust | Sold out | 0.00% | −0.15 |
| NSSC Napco Security Technologies | Reduce -0.8% | 0.18% | −0.15 |
| ESS Essex Property Trust Inc. | Sold out | 0.00% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.8% | 0.35% | −0.14 |
| DECK Deckers Outdoor Corp. | Reduce -0.6% | 0.30% | −0.13 |
| ANET Arista Networks Inc. | Reduce -0.9% | 0.42% | −0.13 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -4.3% | 0.30% | −0.12 |
| KWEB Kranesh Csi China Internet | Reduce -3.1% | 0.65% | −0.11 |
| IAUM iShares Gold Trust Micro | Reduce -26.8% | 0.15% | −0.11 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Reduce -13.2% | 0.20% | −0.10 |
| CEV Eaton Vance Ca Muni Inc. TRST | Reduce -26.3% | 0.10% | −0.09 |
Portfolio Buys Q2 2024 → Q3 2024
| CSHI Neos Enhanced Income 1-3 Mon | New | 21.65% | +21.65 |
| AAPL Apple Inc. | Add +312.8% | 2.92% | +2.01 |
| AVGO Broadcom Inc. | New | 1.71% | +1.71 |
| TSLA Tesla Inc. | Add +994.9% | 1.85% | +1.67 |
| COST Costco Wholesale Corp. | New | 1.65% | +1.65 |
| META Meta Platforms Inc. Class A | Add +381.7% | 2.06% | +1.53 |
| UNH Unitedhealth Group Inc. | New | 1.13% | +1.13 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 1.13% | +1.13 |
| ABBV Abbvie Inc. | New | 1.10% | +1.10 |
| WMT Walmart Inc. | New | 1.09% | +1.09 |
| BSX Boston Scientific Corp. | New | 1.09% | +1.09 |
| LMT Lockheed Martin Corp. | New | 1.07% | +1.07 |
| KKR KKR & Co. Inc. | New | 1.06% | +1.06 |
| BNDI Neos Enhanced Inc. Agg BD ETF | New | 0.99% | +0.99 |
| HIGH Simplify Enhanced Income ETF | New | 0.99% | +0.99 |
| LLY Eli Lilly & Co. | Add +379.3% | 1.28% | +0.89 |
| AGGH Simplify Aggregate Bond ETF | New | 0.67% | +0.67 |
| RTX RTX Corp. | New | 0.62% | +0.62 |
| SPOT Spotify Technology SA | New | 0.59% | +0.59 |
| GE General Electric | New | 0.56% | +0.56 |
| BLK BlackRock Finance Inc. | New | 0.56% | +0.56 |
| TMUS T-Mobile US Inc. | New | 0.56% | +0.56 |
| CTA Simplify Managed Futures St | New | 0.55% | +0.55 |
| MMM 3M Co. | New | 0.55% | +0.55 |
| NEE Nextera Energy Inc. | New | 0.54% | +0.54 |
| TXN Texas Instruments Inc. | New | 0.54% | +0.54 |
| IWMI Neos Russell 2000 High Inc. | New | 0.54% | +0.54 |
| KMI Kinder Morgan Inc. | New | 0.54% | +0.54 |
| PGR Progressive Corp. | New | 0.53% | +0.53 |
| KDP Keurig Dr Pepper Inc. | New | 0.53% | +0.53 |
| AMGN Amgen Inc. | New | 0.52% | +0.52 |
| NEM Newmont Corp. | New | 0.52% | +0.52 |
| SPGI S&P Global Inc. | New | 0.52% | +0.52 |
| ISRG Intuitive Surgical Inc. | Add +382.4% | 0.71% | +0.52 |
| TLTW iShares 20+ Bond Buywrite | New | 0.51% | +0.51 |
| LQDW iShares Ingr Corp. BD B/W ETF | New | 0.49% | +0.49 |
| MNA Nylim Merger Arbtrage ETF-Ui | New | 0.45% | +0.45 |
| USDU Wisdomtree BBG Usd Bullish | New | 0.42% | +0.42 |
| XDTE Roundhi S&P 500 0DTE CCS ETF | New | 0.42% | +0.42 |
| HYGW iShares HY Corp. BD Buywr ETF | New | 0.40% | +0.40 |
| EMHY iShares J.P. Morgan Em High | New | 0.40% | +0.40 |
| QDTE Roundhill Nasdaq-100 0DTE Co. | New | 0.40% | +0.40 |
| HYEM Vaneck Emrg MKTS Hi YLD | New | 0.40% | +0.40 |
| AMZN Amazon.com Inc. | Add +177.6% | 0.84% | +0.39 |
| BWX SS SPDR BB Intl Treasury BD | New | 0.27% | +0.27 |
| SVOL Simplify Volatility Premium | New | 0.26% | +0.26 |
| IRVH Global X Interest RT Vol Inf | Add +109.2% | 0.70% | +0.25 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.24% | +0.24 |
| HYGH iShares Int Rate Hedg HY ETF | New | 0.24% | +0.24 |
| MAXI Simplify Bitcoin STRT ETF-Ui | New | 0.21% | +0.21 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 148 | $213.4M | PWS, QQQM, BOXX, ADPV, HFEQ |
| Q2 2025 | 132 | $209.1M | BIL, USFR, BILS, CTA, BOXX |
| Q1 2025 | 159 | $177.7M | CTA, CSHI, BDGS, GSY, IAUM |
| Q4 2024 | 170 | $231.3M | CSHI, GSY, QQQM, AAPL, IVV |
| Q3 2024 | 156 | $211.3M | CSHI, BILS, AAPL, SPTS, META |
| Q2 2024 | 115 | $148.2M | USFR, BIL, BILS, SPTS, EYLD |
| Q1 2024 | 71 | $189.9M | USFR, BILS, BIL, QQQ, SPTS |