Napa Wealth Management
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Napa Wealth Management reported 132 stock positions worth $209.1 million. Its top holding was SS SPDR BB 1-3M T-Bill ETF (BIL) at 4.5% of the portfolio, followed by Wisdomtree Floating Rate Tre (USFR, 4.2%) and SS Spdrb B 3-12M T-Bill ETF (BILS, 3.8%). Compared with Q1 2025, it opened 37 new positions, sold out of 64, added to 34 and reduced 59. The biggest buy was a new position in SS SPDR BB 1-3M T-Bill ETF (BIL) and the biggest sale Neos Enhanced Income 1-3 Mon (CSHI, shares −83%).
- Most Recent 13F
- Q3 2025
- Location
- Napa, CA
- CIK
- 0001602844
- Portfolio Value
- $209.1M (Q2 2025)
- SEC Filing
- 0001172661-25-003431 ↗ filed Aug 14, 2025
Holdings Value
Holdings 132 stocks · $209.1M
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.46% | 101,550 | $9.3M | New |
| USFR Wisdomtree Floating Rate Tre | 4.22% | 175,454 | $8.8M | Add +473.3% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 3.82% | 80,409 | $8.0M | Add +2118.2% |
| CTA Simplify Managed Futures St | 3.37% | 263,528 | $7.0M | Reduce -6.7% |
| BOXX Alpha Architect 1-3 MNTH Box | 3.05% | 56,557 | $6.4M | Add +103.4% |
| PTBD Pacer Trendpilot US Bond ETF | 2.96% | 313,242 | $6.2M | New |
| BTRN Global X Bitcoin TND STR ETF | 2.84% | 153,265 | $5.9M | Add +87.5% |
| BDGS Bridges Capital Tact ETF | 2.83% | 179,329 | $5.9M | Add +1.3% |
| PWS Pacer Wealthshield ETF | 2.69% | 185,345 | $5.6M | Add +1010.0% |
| QQQM Invesco Nasdaq 100 ETF | 2.65% | 24,434 | $5.5M | Add +63.3% |
| VTIP Vanguard Short-Term Tips | 2.51% | 104,496 | $5.3M | New |
| HARD Simplify Commodities STR K-1 | 1.95% | 145,345 | $4.1M | Add +17.1% |
| IVV iShares Core S&P 500 ETF | 1.83% | 6,159 | $3.8M | Add +3.9% |
| IAUM iShares Gold Trust Micro | 1.79% | 113,374 | $3.7M | Reduce -24.3% |
| NVDA Nvidia Corp. | 1.78% | 23,615 | $3.7M | Add +0.0% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 1.71% | 49,171 | $3.6M | Reduce -2.4% |
| SDCI Uscf Summerhaven Dynamic ETF | 1.58% | 152,864 | $3.3M | Add +534.3% |
| TLTW iShares 20+ Bond Buywrite | 1.36% | 122,799 | $2.8M | Reduce -1.0% |
| PM Philip Morris International | 1.35% | 15,466 | $2.8M | Add +922.9% |
| RTX RTX Corp. | 1.33% | 18,987 | $2.8M | New |
| MO Altria Group Inc. | 1.32% | 47,078 | $2.8M | Add +1009.5% |
| NFLX Netflix Inc. | 1.30% | 2,031 | $2.7M | New |
| JPM JPMorgan Chase & Co. | 1.29% | 9,332 | $2.7M | New |
| SCHW Schwab (charles) Corp. | 1.27% | 29,098 | $2.7M | New |
| AMT American Tower Corp. | 1.26% | 11,963 | $2.6M | New |
| EWG iShares MSCI Germany ETF | 1.26% | 62,156 | $2.6M | New |
| EWI iShares MSCI Italy ETF | 1.25% | 54,474 | $2.6M | New |
| QDTE Roundhill Nasdaq-100 0DTE Co. | 1.25% | 73,542 | $2.6M | Add +5.0% |
| TRND Pacer Trendpilot Funds of FD | 1.22% | 79,709 | $2.5M | Add +306.6% |
| EBAY eBay Inc. | 1.19% | 33,409 | $2.5M | New |
| XDTE Roundhi S&P 500 0DTE CCS ETF | 1.18% | 55,952 | $2.5M | Add +5.5% |
| PTLC Pacer Trendpilot US Large Ca | 1.11% | 45,680 | $2.3M | New |
| HTGC Hercules Capital Inc. | 0.95% | 109,030 | $2.0M | Reduce -11.8% |
| PTIN Pacer Trendpilot Intl ETF | 0.95% | 68,397 | $2.0M | New |
| PTNQ Pacer Trendpilot 100 ETF | 0.89% | 26,017 | $1.9M | New |
| EWO iShares MSCI Austria ETF | 0.76% | 54,350 | $1.6M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.73% | 2,765 | $1.5M | Reduce -17.9% |
| EYLD Cambria Emerg Shrhldr Yield | 0.73% | 42,117 | $1.5M | Reduce -43.4% |
| AAPL Apple Inc. | 0.73% | 7,409 | $1.5M | Reduce -14.7% |
| HIGH Simplify Enhanced Income ETF | 0.72% | 62,550 | $1.5M | Reduce -11.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.72% | 5,141 | $1.5M | New |
| FYLD Cambria Foreign Shareholder | 0.70% | 49,746 | $1.5M | Reduce -44.1% |
| SPTS SS SPDR P St Term TSY ETF | 0.68% | 48,528 | $1.4M | Add +513.8% |
| VFLO Victoryshares Free Cash Flow | 0.68% | 40,204 | $1.4M | Reduce -49.4% |
| BTGD STKD 100% Bitco & 100% Gold | 0.66% | 38,629 | $1.4M | New |
| CSHI Neos Enhanced Income 1-3 Mon | 0.64% | 26,989 | $1.3M | Reduce -82.6% |
| EQT Eqt Corp. | 0.62% | 22,301 | $1.3M | New |
| TTWO Take-Two Interactive Softwre | 0.62% | 5,303 | $1.3M | New |
| AIQ Global X Art Intel & Tech | 0.60% | 28,858 | $1.3M | Reduce -11.8% |
| LQDW iShares Ingr Corp. BD B/W ETF | 0.60% | 48,783 | $1.2M | Reduce -6.6% |
| DE Deere & Co. | 0.59% | 2,426 | $1.2M | New |
| PLTR Palantir Technologies Inc. Class A | 0.59% | 9,030 | $1.2M | Add +16.6% |
| META Meta Platforms Inc. Class A | 0.58% | 1,650 | $1.2M | Add +24.0% |
| RSSX Return Stacked US St G/B ETF | 0.55% | 54,758 | $1.1M | New |
| TSLA Tesla Inc. | 0.50% | 3,268 | $1.0M | Add +73.7% |
| FLXR TCW Flexible Income ETF | 0.46% | 24,632 | $972K | Add +20.2% |
| AMZN Amazon.com Inc. | 0.46% | 4,342 | $953K | Add +8.5% |
| RDTE Roundhill Russell 2000 0DTE | 0.45% | 27,684 | $947K | New |
| AIS Vistashares Ais ETF | 0.45% | 33,397 | $939K | Reduce -67.2% |
| MSFT Microsoft Corp. | 0.44% | 1,851 | $921K | Reduce -2.0% |
| QQWZ PCR CSH Cowz 100N 100R | 0.42% | 38,624 | $878K | New |
| SMH Vaneck Semiconductor ETF | 0.42% | 3,112 | $868K | Reduce -15.7% |
| MFDX PIMCO Rafi Dynamic Multi-Fac filed as PIMCO EQUITY SER | 0.39% | 22,893 | $823K | New |
| ANET Arista Networks Inc. | 0.38% | 7,854 | $804K | Reduce -10.9% |
| PWRD TCW Transform Systems ETF | 0.38% | 8,872 | $800K | Add +39.5% |
| BKLN Invesco Senior Loan ETF | 0.36% | 36,087 | $755K | Reduce -42.5% |
| GOOGL Alphabet Inc. Class A | 0.36% | 4,231 | $746K | Reduce -9.1% |
| SVOL Simplify Volatility Premium | 0.34% | 38,807 | $714K | Add +2.5% |
| CAFG Pacer US SC Cash Cow GR Lead | 0.33% | 28,512 | $698K | Add +12.9% |
| BIZD Vaneck BDC Income ETF | 0.33% | 42,639 | $694K | Reduce -38.7% |
| JAAA Janus Henderson Aaa Clo ETF | 0.33% | 13,612 | $691K | Reduce -3.9% |
| ICLO Invesco Aaa Clo F/R Note ETF | 0.33% | 26,884 | $687K | Reduce -3.7% |
| VTI VG Morningstar TS MKT ETF-US | 0.33% | 2,240 | $681K | Reduce -2.5% |
| CEFS Saba Opport Hedg Cef ETF-Usd | 0.32% | 30,420 | $677K | Reduce -43.0% |
| APP AppLovin Corp. Class A | 0.32% | 1,927 | $675K | Reduce -4.8% |
| XNCMX Nuveen Ca Amt-FR Muni Inc. | 0.31% | 55,029 | $648K | Reduce -19.1% |
| PFFV Global X Variable Rate Pref | 0.31% | 28,055 | $640K | Reduce -2.0% |
| GCOW Pacer Global Cash Cows Divid | 0.30% | 16,267 | $618K | Reduce -34.1% |
| SKYY First Trust Cloud Computing | 0.29% | 5,021 | $611K | Reduce -17.6% |
| AOR iShares Core 60/40 Balanced | 0.28% | 9,677 | $596K | Add +4.3% |
| HYGW iShares HY Corp. BD Buywr ETF | 0.28% | 18,934 | $580K | Reduce -7.0% |
| HYGH iShares Int Rate Hedg HY ETF | 0.27% | 6,597 | $571K | Reduce -3.6% |
| AGX Argan Inc. | 0.27% | 2,564 | $565K | New |
| SPOT Spotify Technology SA | 0.27% | 736 | $565K | Add +51.1% |
| MRX Marex UK Holdings Ltd. filed as MAREX GROUP PLC | 0.26% | 13,785 | $544K | Add +128.3% |
| HWM Howmet Aerospace Inc. | 0.26% | 2,914 | $542K | New |
| CDNS Cadence Design SYS Inc. | 0.26% | 1,743 | $537K | Reduce -7.5% |
| VNQI Vanguard GLBL Ex-US Real Est | 0.26% | 11,550 | $533K | New |
| CEG Constellation Energy | 0.25% | 1,643 | $530K | New |
| ZS Zscaler Inc. | 0.25% | 1,672 | $525K | New |
| AXON Axon Enterprise Inc. | 0.25% | 629 | $521K | Add +10.9% |
| DLTR Dollar Tree Inc. | 0.25% | 5,240 | $519K | New |
| CDX Simplify High Yield ETF | 0.24% | 21,945 | $512K | Reduce -5.3% |
| PFO Flaherty & Crumrine P&I Opp | 0.24% | 55,056 | $509K | Reduce -0.9% |
| HYEM Vaneck Emrg MKTS Hi YLD | 0.24% | 25,411 | $504K | Reduce -1.8% |
| INDS Pacer Industrial Real Estate | 0.24% | 13,493 | $499K | Add +1.1% |
| DESK Vaneck Office and Commercial | 0.23% | 12,342 | $491K | Add +10.3% |
| EMHY iShares J.P. Morgan Em High | 0.23% | 12,560 | $489K | Reduce -1.8% |
| PFIX Simplify Interest Rate Hedge | 0.23% | 9,021 | $477K | Reduce -18.6% |
| REM iShares Mortgage Real Estate | 0.23% | 22,193 | $474K | Add +4.0% |
Portfolio Sells Q1 2025 → Q2 2025
| CSHI Neos Enhanced Income 1-3 Mon | Reduce -82.6% | 0.64% | −3.68 |
| GSY Invesco Ultra Short Duration | Sold out | 0.00% | −2.67 |
| SCHQ Schwab Long-Term US Treasury | Sold out | 0.00% | −1.75 |
| FTGC First Trust Global Tactical | Sold out | 0.00% | −1.75 |
| EDV Vanguard Extended Dur Treas | Sold out | 0.00% | −1.66 |
| RSBA Retrn Stckd BD & MRGR Ar ETF | Sold out | 0.00% | −1.48 |
| SCHP Schwab U.S. Tips ETF | Sold out | 0.00% | −1.47 |
| PDBC Invesco Optimum Yield Divers | Sold out | 0.00% | −1.46 |
| CTA Simplify Managed Futures St | Reduce -6.7% | 3.37% | −1.33 |
| SPLV Invesco S&P 500 Low Volatili | Sold out | 0.00% | −1.20 |
| RSBT RTRN STCK BNDS & MNG Futures | Sold out | 0.00% | −1.13 |
| T AT&T Inc. | Sold out | 0.00% | −0.90 |
| V Visa Inc. Class A | Sold out | 0.00% | −0.90 |
| VFLO Victoryshares Free Cash Flow | Reduce -49.4% | 0.68% | −0.85 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.84 |
| IAUM iShares Gold Trust Micro | Reduce -24.3% | 1.79% | −0.84 |
| CSCO Cisco Systems Inc. | Sold out | 0.00% | −0.84 |
| MA Mastercard Inc. Class A | Sold out | 0.00% | −0.82 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.81 |
| AIS Vistashares Ais ETF | Reduce -67.2% | 0.45% | −0.79 |
| DIS The Walt Disney Co. | Reduce -89.5% | 0.10% | −0.77 |
| MAXI Simplify Bitcoin STRT ETF-Ui | Sold out | 0.00% | −0.75 |
| FYLD Cambria Foreign Shareholder | Reduce -44.1% | 0.70% | −0.65 |
| KLIP Kranesh Kweb Cov Cal STR ETF | Sold out | 0.00% | −0.65 |
| EYLD Cambria Emerg Shrhldr Yield | Reduce -43.4% | 0.73% | −0.60 |
| RYLG Global X Russ 2000 CC & GR | Sold out | 0.00% | −0.57 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.45 |
| EXC Exelon Corp. | Sold out | 0.00% | −0.44 |
| GILD Gilead Sciences Inc. | Reduce -78.3% | 0.10% | −0.44 |
| MMM 3M Co. | Sold out | 0.00% | −0.44 |
| BSX Boston Scientific Corp. | Sold out | 0.00% | −0.42 |
| BUCK Simplify Treasury Option Inc. | Sold out | 0.00% | −0.41 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.41 |
| YGLD Simplify Gold Strategy ETF | Sold out | 0.00% | −0.41 |
| ORLY O'reilly Automotive Inc. | Sold out | 0.00% | −0.39 |
| HTGC Hercules Capital Inc. | Reduce -11.8% | 0.95% | −0.38 |
| TIPX SS SPDR BB 1-10YR Tips ETF | Sold out | 0.00% | −0.38 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -75.2% | 0.09% | −0.37 |
| BNDI Neos Enhanced Inc. Agg BD ETF | Sold out | 0.00% | −0.37 |
| BKLN Invesco Senior Loan ETF | Reduce -42.5% | 0.36% | −0.37 |
| AAPL Apple Inc. | Reduce -14.7% | 0.73% | −0.36 |
| SCHG Schwab US Large-Cap Growth | Sold out | 0.00% | −0.35 |
| CEF Sprott Physical Gold and Sil | Sold out | 0.00% | −0.34 |
| AGGH Simplify Aggregate Bond ETF | Reduce -71.9% | 0.10% | −0.33 |
| BIZD Vaneck BDC Income ETF | Reduce -38.7% | 0.33% | −0.32 |
| TLTW iShares 20+ Bond Buywrite | Reduce -1.0% | 1.36% | −0.32 |
| CEFS Saba Opport Hedg Cef ETF-Usd | Reduce -43.0% | 0.32% | −0.32 |
| USRT iShares Core US REIT ETF | Sold out | 0.00% | −0.32 |
| JEPQ JPM Nasdaq Equity Premium | Sold out | 0.00% | −0.31 |
| PAYX Paychex Inc. | Sold out | 0.00% | −0.31 |
Portfolio Buys Q1 2025 → Q2 2025
| BIL SS SPDR BB 1-3M T-Bill ETF | New | 4.46% | +4.46 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Add +2118.2% | 3.82% | +3.62 |
| USFR Wisdomtree Floating Rate Tre | Add +473.3% | 4.22% | +3.36 |
| PTBD Pacer Trendpilot US Bond ETF | New | 2.96% | +2.96 |
| VTIP Vanguard Short-Term Tips | New | 2.51% | +2.51 |
| PWS Pacer Wealthshield ETF | Add +1010.0% | 2.69% | +2.40 |
| RTX RTX Corp. | New | 1.33% | +1.33 |
| BOXX Alpha Architect 1-3 MNTH Box | Add +103.4% | 3.05% | +1.30 |
| NFLX Netflix Inc. | New | 1.30% | +1.30 |
| BTRN Global X Bitcoin TND STR ETF | Add +87.5% | 2.84% | +1.30 |
| SDCI Uscf Summerhaven Dynamic ETF | Add +534.3% | 1.58% | +1.30 |
| JPM JPMorgan Chase & Co. | New | 1.29% | +1.29 |
| SCHW Schwab (charles) Corp. | New | 1.27% | +1.27 |
| AMT American Tower Corp. | New | 1.26% | +1.26 |
| EWG iShares MSCI Germany ETF | New | 1.26% | +1.26 |
| EWI iShares MSCI Italy ETF | New | 1.25% | +1.25 |
| PM Philip Morris International | Add +922.9% | 1.35% | +1.21 |
| EBAY eBay Inc. | New | 1.19% | +1.19 |
| MO Altria Group Inc. | Add +1009.5% | 1.32% | +1.18 |
| PTLC Pacer Trendpilot US Large Ca | New | 1.11% | +1.11 |
| QQQM Invesco Nasdaq 100 ETF | Add +63.3% | 2.65% | +1.03 |
| PTIN Pacer Trendpilot Intl ETF | New | 0.95% | +0.95 |
| PTNQ Pacer Trendpilot 100 ETF | New | 0.89% | +0.89 |
| TRND Pacer Trendpilot Funds of FD | Add +306.6% | 1.22% | +0.86 |
| EWO iShares MSCI Austria ETF | New | 0.76% | +0.76 |
| IBM Intl Business Machines Corp. | New | 0.72% | +0.72 |
| BTGD STKD 100% Bitco & 100% Gold | New | 0.66% | +0.66 |
| EQT Eqt Corp. | New | 0.62% | +0.62 |
| TTWO Take-Two Interactive Softwre | New | 0.62% | +0.62 |
| DE Deere & Co. | New | 0.59% | +0.59 |
| SPTS SS SPDR P St Term TSY ETF | Add +513.8% | 0.68% | +0.55 |
| RSSX Return Stacked US St G/B ETF | New | 0.55% | +0.55 |
| RDTE Roundhill Russell 2000 0DTE | New | 0.45% | +0.45 |
| QQWZ PCR CSH Cowz 100N 100R | New | 0.42% | +0.42 |
| MFDX PIMCO Rafi Dynamic Multi-Fac | New | 0.39% | +0.39 |
| NVDA Nvidia Corp. | Add +0.0% | 1.78% | +0.34 |
| AGX Argan Inc. | New | 0.27% | +0.27 |
| HWM Howmet Aerospace Inc. | New | 0.26% | +0.26 |
| VNQI Vanguard GLBL Ex-US Real Est | New | 0.26% | +0.26 |
| CEG Constellation Energy | New | 0.25% | +0.25 |
| ZS Zscaler Inc. | New | 0.25% | +0.25 |
| DLTR Dollar Tree Inc. | New | 0.25% | +0.25 |
| AVGO Broadcom Inc. | New | 0.22% | +0.22 |
| TSLA Tesla Inc. | Add +73.7% | 0.50% | +0.22 |
| PRIV SS Ig Publ Priv Cred ETF-Usd | New | 0.22% | +0.22 |
| PLTR Palantir Technologies Inc. Class A | Add +16.6% | 0.59% | +0.22 |
| GREK Global X MSCI Greece ETF | New | 0.22% | +0.22 |
| CRS Carpenter Technology | New | 0.21% | +0.21 |
| META Meta Platforms Inc. Class A | Add +24.0% | 0.58% | +0.15 |
| MRX Marex UK Holdings Ltd. | Add +128.3% | 0.26% | +0.14 |
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 |