Napa Wealth Management
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Napa Wealth Management reported 159 stock positions worth $177.7 million. Its top holding was Simplify Managed Futures St (CTA) at 4.7% of the portfolio, followed by Neos Enhanced Income 1-3 Mon (CSHI, 4.3%) and Bridges Capital Tact ETF (BDGS, 3.1%). Compared with Q4 2024, it opened 52 new positions, sold out of 63, added to 34 and reduced 70. The biggest buy was Simplify Managed Futures St (CTA, shares +656%) and the biggest sale Invesco Ultra Short Duration (GSY, shares −80%).
- Most Recent 13F
- Q3 2025
- Location
- Napa, CA
- CIK
- 0001602844
- Portfolio Value
- $177.7M (Q1 2025)
- SEC Filing
- 0001172661-25-001900 ↗ filed May 14, 2025
Holdings Value
Holdings 159 stocks · $177.7M
| CTA Simplify Managed Futures St | 4.70% | 282,306 | $8.4M | Add +655.5% |
| CSHI Neos Enhanced Income 1-3 Mon | 4.32% | 154,771 | $7.7M | Reduce -71.6% |
| BDGS Bridges Capital Tact ETF | 3.10% | 177,034 | $5.5M | Add +76.7% |
| GSY Invesco Ultra Short Duration | 2.67% | 94,674 | $4.7M | Reduce -80.0% |
| IAUM iShares Gold Trust Micro | 2.63% | 149,777 | $4.7M | New |
| HARD Simplify Commodities STR K-1 | 2.17% | 124,142 | $3.9M | New |
| IVV iShares Core S&P 500 ETF | 1.87% | 5,926 | $3.3M | Reduce -14.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.86% | 50,383 | $3.3M | Reduce -3.4% |
| SCHQ Schwab Long-Term US Treasury | 1.75% | 94,863 | $3.1M | New |
| FTGC First Trust Global Tactical | 1.75% | 121,641 | $3.1M | Add +281.8% |
| BOXX Alpha Architect 1-3 MNTH Box | 1.74% | 27,809 | $3.1M | New |
| TLTW iShares 20+ Bond Buywrite | 1.68% | 124,068 | $3.0M | Add +116.5% |
| EDV Vanguard Extended Dur Treas | 1.66% | 41,423 | $2.9M | Add +385.8% |
| QQQM Invesco Nasdaq 100 ETF | 1.63% | 14,966 | $2.9M | Reduce -59.3% |
| BTRN Global X Bitcoin TND STR ETF | 1.55% | 81,722 | $2.7M | New |
| VFLO Victoryshares Free Cash Flow | 1.53% | 79,398 | $2.7M | Add +77.1% |
| RSBA Retrn Stckd BD & MRGR Ar ETF | 1.48% | 127,845 | $2.6M | New |
| SCHP Schwab U.S. Tips ETF | 1.47% | 97,105 | $2.6M | New |
| PDBC Invesco Optimum Yield Divers | 1.46% | 190,139 | $2.6M | New |
| NVDA Nvidia Corp. | 1.44% | 23,609 | $2.6M | Add +0.5% |
| QDTE Roundhill Nasdaq-100 0DTE Co. | 1.37% | 70,038 | $2.4M | Add +135.6% |
| FYLD Cambria Foreign Shareholder | 1.35% | 89,031 | $2.4M | Add +81.5% |
| XDTE Roundhi S&P 500 0DTE CCS ETF | 1.35% | 53,048 | $2.4M | Add +117.3% |
| HTGC Hercules Capital Inc. | 1.34% | 123,610 | $2.4M | Reduce -0.5% |
| EYLD Cambria Emerg Shrhldr Yield | 1.33% | 74,355 | $2.4M | Add +94.2% |
| AIS Vistashares Ais ETF | 1.23% | 101,833 | $2.2M | New |
| SPLV Invesco S&P 500 Low Volatili | 1.20% | 28,603 | $2.1M | New |
| RSBT RTRN STCK BNDS & MNG Futures | 1.13% | 118,454 | $2.0M | New |
| AAPL Apple Inc. | 1.09% | 8,690 | $1.9M | Reduce -59.9% |
| T AT&T Inc. | 0.90% | 56,788 | $1.6M | New |
| V Visa Inc. Class A | 0.90% | 4,567 | $1.6M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 3,367 | $1.6M | Reduce -4.6% |
| HIGH Simplify Enhanced Income ETF | 0.88% | 70,882 | $1.6M | Reduce -10.4% |
| USFR Wisdomtree Floating Rate Tre | 0.87% | 30,607 | $1.5M | Reduce -9.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.86% | 15,525 | $1.5M | New |
| WFC Wells Fargo & Co. | 0.84% | 20,828 | $1.5M | New |
| CSCO Cisco Systems Inc. | 0.84% | 24,097 | $1.5M | Reduce -38.0% |
| MA Mastercard Inc. Class A | 0.82% | 2,652 | $1.5M | Add +41.8% |
| SBUX Starbucks Corp. | 0.81% | 14,630 | $1.4M | New |
| LQDW iShares Ingr Corp. BD B/W ETF | 0.77% | 52,220 | $1.4M | Add +10.4% |
| MAXI Simplify Bitcoin STRT ETF-Ui | 0.75% | 66,388 | $1.3M | Add +14.4% |
| BKLN Invesco Senior Loan ETF | 0.73% | 62,721 | $1.3M | Add +3.3% |
| AIQ Global X Art Intel & Tech | 0.67% | 32,708 | $1.2M | Reduce -4.1% |
| BIZD Vaneck BDC Income ETF | 0.66% | 69,603 | $1.2M | Reduce -10.8% |
| KLIP Kranesh Kweb Cov Cal STR ETF | 0.65% | 35,204 | $1.2M | Add +550.0% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.64% | 53,384 | $1.1M | Reduce -5.3% |
| RYLG Global X Russ 2000 CC & GR | 0.57% | 49,252 | $1.0M | New |
| GILD Gilead Sciences Inc. | 0.54% | 8,564 | $960K | Reduce -64.8% |
| GCOW Pacer Global Cash Cows Divid | 0.51% | 24,689 | $913K | Add +15.8% |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | 0.48% | 68,062 | $857K | Reduce -7.0% |
| NVG Nuveen Amt-FR Muni CRDT | 0.47% | 66,740 | $826K | Reduce -9.4% |
| FLXR TCW Flexible Income ETF | 0.45% | 20,493 | $803K | Reduce -3.5% |
| XLF SS Financial Select Sector | 0.45% | 15,918 | $793K | New |
| EXC Exelon Corp. | 0.44% | 17,029 | $785K | New |
| MMM 3M Co. | 0.44% | 5,328 | $782K | Reduce -34.6% |
| SMH Vaneck Semiconductor ETF | 0.44% | 3,692 | $781K | Reduce -17.7% |
| META Meta Platforms Inc. Class A | 0.43% | 1,331 | $767K | Reduce -60.0% |
| AGGH Simplify Aggregate Bond ETF | 0.43% | 36,022 | $762K | Reduce -23.0% |
| AMZN Amazon.com Inc. | 0.43% | 4,002 | $761K | Reduce -6.2% |
| BSX Boston Scientific Corp. | 0.42% | 7,340 | $740K | New |
| BUCK Simplify Treasury Option Inc. | 0.41% | 29,842 | $737K | New |
| ABT Abbott Laboratories | 0.41% | 5,531 | $734K | New |
| YGLD Simplify Gold Strategy ETF | 0.41% | 24,889 | $722K | Add +6.2% |
| GOOGL Alphabet Inc. Class A | 0.41% | 4,653 | $720K | Add +3.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.40% | 14,168 | $718K | Add +12.1% |
| ICLO Invesco Aaa Clo F/R Note ETF | 0.40% | 27,923 | $712K | Add +6.4% |
| MSFT Microsoft Corp. | 0.40% | 1,888 | $709K | Reduce -57.6% |
| ORLY O'reilly Automotive Inc. | 0.39% | 488 | $699K | New |
| SVOL Simplify Volatility Premium | 0.39% | 37,845 | $688K | Add +9.7% |
| ANET Arista Networks Inc. | 0.38% | 8,811 | $683K | Reduce -4.7% |
| PFFV Global X Variable Rate Pref | 0.38% | 28,641 | $678K | Reduce -11.8% |
| TIPX SS SPDR BB 1-10YR Tips ETF | 0.38% | 34,795 | $668K | Add +12.0% |
| BNDI Neos Enhanced Inc. Agg BD ETF | 0.37% | 13,945 | $657K | Reduce -54.0% |
| PLTR Palantir Technologies Inc. Class A | 0.37% | 7,743 | $654K | Add +93.8% |
| XLE SS Energy Select Sector | 0.37% | 6,969 | $651K | New |
| HYGW iShares HY Corp. BD Buywr ETF | 0.36% | 20,370 | $641K | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.36% | 2,297 | $631K | No change |
| TRND Pacer Trendpilot Funds of FD | 0.35% | 19,605 | $630K | New |
| SCHG Schwab US Large-Cap Growth | 0.35% | 25,146 | $630K | Reduce -78.9% |
| SKYY First Trust Cloud Computing | 0.35% | 6,096 | $623K | Reduce -2.1% |
| CAFG Pacer US SC Cash Cow GR Lead | 0.34% | 25,250 | $610K | Add +33.6% |
| CEF Sprott Physical Gold and Sil | 0.34% | 20,979 | $596K | Reduce -29.2% |
| HYGH iShares Int Rate Hedg HY ETF | 0.33% | 6,844 | $583K | Reduce -7.8% |
| USRT iShares Core US REIT ETF | 0.32% | 9,767 | $563K | New |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.31% | 10,642 | $551K | Reduce -19.2% |
| PAYX Paychex Inc. | 0.31% | 3,538 | $546K | New |
| PFIX Simplify Interest Rate Hedge | 0.30% | 11,089 | $537K | Reduce -5.9% |
| APP AppLovin Corp. Class A | 0.30% | 2,023 | $536K | Add +67.9% |
| AOR iShares Core 60/40 Balanced | 0.30% | 9,280 | $534K | Reduce -4.7% |
| CDX Simplify High Yield ETF | 0.30% | 23,180 | $532K | Reduce -10.9% |
| ITB iShares U.S. Home Constructi | 0.29% | 5,419 | $516K | Reduce -0.2% |
| PALL Abrdn Physical Palladium SHS | 0.29% | 5,690 | $515K | New |
| PPLT Abrdn Physical Platinum SHRS | 0.29% | 5,636 | $515K | New |
| ADP Automatic Data Processing | 0.29% | 1,685 | $515K | New |
| PWS Pacer Wealthshield ETF | 0.29% | 16,697 | $515K | New |
| LIN Linde PLC | 0.29% | 1,101 | $513K | New |
| PFO Flaherty & Crumrine P&I Opp | 0.29% | 55,586 | $513K | Reduce -10.9% |
| SDCI Uscf Summerhaven Dynamic ETF | 0.29% | 24,099 | $511K | New |
| USDU Wisdomtree BBG Usd Bullish | 0.29% | 18,714 | $510K | Add +41.6% |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.29% | 25,885 | $509K | Reduce -30.3% |
Portfolio Sells Q4 2024 → Q1 2025
| GSY Invesco Ultra Short Duration | Reduce -80.0% | 2.67% | −7.56 |
| CSHI Neos Enhanced Income 1-3 Mon | Reduce -71.6% | 4.32% | −7.43 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -59.3% | 1.63% | −1.72 |
| TJX TJX Companies Inc. | Sold out | 0.00% | −1.30 |
| WMT Walmart Inc. | Sold out | 0.00% | −1.29 |
| AAPL Apple Inc. | Reduce -59.9% | 1.09% | −1.26 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −1.25 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −1.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −1.23 |
| DIA SS SPDR Dow Jones Indus Avg | Sold out | 0.00% | −1.19 |
| HTUS Hull Tactical US ETF | Sold out | 0.00% | −1.11 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −1.09 |
| SCHG Schwab US Large-Cap Growth | Reduce -78.9% | 0.35% | −1.08 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -87.2% | 0.20% | −1.01 |
| TSLA Tesla Inc. | Reduce -73.3% | 0.27% | −0.96 |
| HD Home Depot Inc. | Sold out | 0.00% | −0.91 |
| SPTS SS SPDR P St Term TSY ETF | Reduce -89.9% | 0.13% | −0.85 |
| MO Altria Group Inc. | Reduce -89.7% | 0.14% | −0.79 |
| IJR iShares Core S&P Small-Cap E | Sold out | 0.00% | −0.71 |
| ETHA iShares Ethereum Trust ETF | Sold out | 0.00% | −0.68 |
| IBIT iShares Bitcoin Trust ETF | Sold out | 0.00% | −0.66 |
| DDOG Datadog Inc. Class A | Sold out | 0.00% | −0.64 |
| IWMI Neos Russell 2000 High Inc. | Sold out | 0.00% | −0.61 |
| TEAM Atlassian Corp. Class A | Sold out | 0.00% | −0.60 |
| EXPE Expedia Group Inc. | Sold out | 0.00% | −0.51 |
| IBM Intl Business Machines Corp. | Sold out | 0.00% | −0.49 |
| COWG Pacer US LRG Cap Cows GR LD | Sold out | 0.00% | −0.48 |
| COST Costco Wholesale Corp. | Sold out | 0.00% | −0.48 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.47 |
| FISV Fiserv Inc. | Sold out | 0.00% | −0.46 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.44 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.44 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.44 |
| NDAQ Nasdaq Inc. | Sold out | 0.00% | −0.43 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.43 |
| GILD Gilead Sciences Inc. | Reduce -64.8% | 0.54% | −0.43 |
| MCO Moody's Corp. | Sold out | 0.00% | −0.43 |
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −0.43 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.43 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −0.43 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.42 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.42 |
| MSFT Microsoft Corp. | Reduce -57.6% | 0.40% | −0.41 |
| META Meta Platforms Inc. Class A | Reduce -60.0% | 0.43% | −0.41 |
| QTEC First Trust Nasdq 100 Tech I | Sold out | 0.00% | −0.38 |
| SHV iShares 0-1 Year Treasury Bo | Sold out | 0.00% | −0.35 |
| DECK Deckers Outdoor Corp. | Sold out | 0.00% | −0.34 |
| XLG Invesco S&P 500 Top 50 ETF | Sold out | 0.00% | −0.33 |
| EQWL Invesco S&P 100 Equal Weight | Sold out | 0.00% | −0.32 |
| EQAL Invesco Russell 1000 Equal W | Sold out | 0.00% | −0.31 |
Portfolio Buys Q4 2024 → Q1 2025
| CTA Simplify Managed Futures St | Add +655.5% | 4.70% | +4.25 |
| IAUM iShares Gold Trust Micro | New | 2.63% | +2.63 |
| HARD Simplify Commodities STR K-1 | New | 2.17% | +2.17 |
| SCHQ Schwab Long-Term US Treasury | New | 1.75% | +1.75 |
| BOXX Alpha Architect 1-3 MNTH Box | New | 1.74% | +1.74 |
| BDGS Bridges Capital Tact ETF | Add +76.7% | 3.10% | +1.73 |
| BTRN Global X Bitcoin TND STR ETF | New | 1.55% | +1.55 |
| RSBA Retrn Stckd BD & MRGR Ar ETF | New | 1.48% | +1.48 |
| SCHP Schwab U.S. Tips ETF | New | 1.47% | +1.47 |
| PDBC Invesco Optimum Yield Divers | New | 1.46% | +1.46 |
| FTGC First Trust Global Tactical | Add +281.8% | 1.75% | +1.42 |
| EDV Vanguard Extended Dur Treas | Add +385.8% | 1.66% | +1.41 |
| AIS Vistashares Ais ETF | New | 1.23% | +1.23 |
| SPLV Invesco S&P 500 Low Volatili | New | 1.20% | +1.20 |
| RSBT RTRN STCK BNDS & MNG Futures | New | 1.13% | +1.13 |
| TLTW iShares 20+ Bond Buywrite | Add +116.5% | 1.68% | +1.10 |
| T AT&T Inc. | New | 0.90% | +0.90 |
| V Visa Inc. Class A | New | 0.90% | +0.90 |
| VFLO Victoryshares Free Cash Flow | Add +77.1% | 1.53% | +0.87 |
| DIS The Walt Disney Co. | New | 0.86% | +0.86 |
| QDTE Roundhill Nasdaq-100 0DTE Co. | Add +135.6% | 1.37% | +0.85 |
| WFC Wells Fargo & Co. | New | 0.84% | +0.84 |
| XDTE Roundhi S&P 500 0DTE CCS ETF | Add +117.3% | 1.35% | +0.82 |
| FYLD Cambria Foreign Shareholder | Add +81.5% | 1.35% | +0.81 |
| EYLD Cambria Emerg Shrhldr Yield | Add +94.2% | 1.33% | +0.81 |
| SBUX Starbucks Corp. | New | 0.81% | +0.81 |
| KLIP Kranesh Kweb Cov Cal STR ETF | Add +550.0% | 0.65% | +0.58 |
| RYLG Global X Russ 2000 CC & GR | New | 0.57% | +0.57 |
| XLF SS Financial Select Sector | New | 0.45% | +0.45 |
| EXC Exelon Corp. | New | 0.44% | +0.44 |
| BSX Boston Scientific Corp. | New | 0.42% | +0.42 |
| BUCK Simplify Treasury Option Inc. | New | 0.41% | +0.41 |
| ABT Abbott Laboratories | New | 0.41% | +0.41 |
| ORLY O'reilly Automotive Inc. | New | 0.39% | +0.39 |
| MA Mastercard Inc. Class A | Add +41.8% | 0.82% | +0.39 |
| XLE SS Energy Select Sector | New | 0.37% | +0.37 |
| TRND Pacer Trendpilot Funds of FD | New | 0.35% | +0.35 |
| USRT iShares Core US REIT ETF | New | 0.32% | +0.32 |
| PAYX Paychex Inc. | New | 0.31% | +0.31 |
| PALL Abrdn Physical Palladium SHS | New | 0.29% | +0.29 |
| PPLT Abrdn Physical Platinum SHRS | New | 0.29% | +0.29 |
| ADP Automatic Data Processing | New | 0.29% | +0.29 |
| PWS Pacer Wealthshield ETF | New | 0.29% | +0.29 |
| LIN Linde PLC | New | 0.29% | +0.29 |
| SDCI Uscf Summerhaven Dynamic ETF | New | 0.29% | +0.29 |
| XYLG Global X S&P 500 Covc & GRW | New | 0.29% | +0.29 |
| SCHR Schwab Intermediate-Term US | New | 0.28% | +0.28 |
| PDBA Invesco Agriculture Cmdtyk-1 | New | 0.28% | +0.28 |
| SGOV iShares 0-3 Month Treasury B | New | 0.28% | +0.28 |
| BOND PIMCO Active Bond Exchange-T | New | 0.28% | +0.28 |
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 |