Orgel Wealth Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 6, 2025), Orgel Wealth Management, LLC reported 88 stock positions worth $4.4 billion. Its top holding was iShares MSCI USA Quality Fac (QUAL) at 13.3% of the portfolio, followed by Vanguard Short-Term Treasury (VGSH, 10.1%) and SS SPDR P S&P 500 Growth ETF (SPYG, 9.1%). Compared with Q2 2025, it opened 4 new positions, sold out of 2, added to 36 and reduced 30. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +3%) and the biggest sale Vanguard S&P Small-Cap 600 E (VIOO, shares −23%).

Most Recent 13F
Q2 2026
Location
ALTOONA, WI
CIK
0001658535
Portfolio Value
$4.4B (Q3 2025)
SEC Filing
0001658535-25-000008 ↗ filed Oct 6, 2025

Holdings Value

0$2.0B$4.0B$6.0B Q1 2024: $3.6B Q1 2024 Q2 2024: $3.7B Q2 2024 Q3 2024: $4.0B Q3 2024 Q4 2024: $3.8B Q4 2024 Q1 2025: $3.8B Q1 2025 Q2 2025: $4.2B Q2 2025 Q3 2025: $4.4B $4.4B Q3 2025 Q4 2025: $4.5B Q4 2025 Q1 2026: $4.6B Q1 2026 Q2 2026: $5.3B Q2 2026

Holdings 88 stocks · $4.4B
QUAL iShares MSCI USA Quality Fac 13.34% 3,005,601 $584.6M Add +1.7%
VGSH Vanguard Short-Term Treasury 10.10% 7,525,339 $442.9M Add +3.1%
SPYG SS SPDR P S&P 500 Growth ETF 9.13% 3,828,393 $400.1M Reduce -1.7%
IVV iShares Core S&P 500 ETF 8.36% 547,398 $366.4M Add +2.5%
MUB iShares National Muni Bond E 6.24% 2,569,238 $273.6M Add +0.9%
PMBS PIMCO MBS Active ETF 5.08% 4,486,329 $222.8M Add +2.1%
VYMI Vanguard Int High DVD YLD Inc. 4.89% 2,529,655 $214.2M Add +0.1%
SCHF Schwab Intl Equity ETF 4.65% 8,762,910 $204.0M Add +2.3%
MTUM iShares MSCI USA Momentum Fa 3.88% 664,061 $170.3M Add +0.7%
VTEB Vanguard Tax-Exempt Bond ETF 3.65% 3,199,497 $160.2M Add +9.3%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 3.38% 6,102,883 $148.3M Add +3.3%
VOE Vngrd Mrngstr MD-Cap Val ETF 3.26% 819,795 $143.1M Add +3.0%
PFFD Global X US Preferred ETF 3.11% 7,026,957 $136.5M Add +0.9%
SCHX Schwab US Large-Cap ETF 2.82% 4,692,187 $123.6M Reduce -0.7%
VIOO Vanguard S&P Small-Cap 600 E 2.55% 1,012,871 $111.9M Reduce -22.8%
BND Vanguard Total Bond Market 2.53% 1,491,677 $110.9M Add +1.7%
FLQM Franklin U.S. Mid Cap Multif 1.81% 1,403,767 $79.2M Add +4.7%
FQAL Fidelity Quality Factor ETF 1.59% 932,277 $69.7M Reduce -2.0%
SCHE Schwab Emrg Mrkts Eqty ETF 1.50% 1,969,045 $65.7M Add +0.9%
VOT Vngrd Mrngstr MC GRW ETF-Usd 1.47% 219,453 $64.5M Reduce -0.8%
IEFA iShares Core MSCI Eafe ETF 1.45% 725,487 $63.3M Reduce -0.7%
SPHQ Invesco S&P 500 Quality ETF 0.71% 425,914 $31.2M Reduce -0.9%
IMCV iShares Morningstar Mid-Cap 0.66% 360,195 $28.9M Add +0.1%
IMCG iShares Morningstar Mid-Cap 0.55% 290,218 $24.0M Reduce -1.9%
IEMG iShares Core MSCI Emerging 0.50% 334,211 $22.0M Reduce -2.5%
ESGV Vanguard ESG US Stock ETF 0.35% 127,893 $15.1M Reduce -0.1%
SCHD Schwab US DVD Equity ETF 0.25% 395,713 $10.8M Reduce -0.2%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.22% 204,530 $9.6M Add +0.0%
VB Vanguard Most SM-Cap ETF-Usd 0.21% 36,749 $9.3M Reduce -25.0%
SCHG Schwab US Large-Cap Growth 0.14% 189,826 $6.1M Add +10.4%
SCHA Schwab US Small-Cap ETF 0.13% 203,613 $5.7M Reduce -17.3%
VSGX Vanguard ESG Intl Stock ETF 0.13% 81,720 $5.7M Reduce -1.0%
ESGD iShares Trust iShares ESG Aw 0.12% 57,969 $5.4M Add +0.2%
OWNS CCM Affordable Hous MBS ETF 0.11% 283,056 $4.9M Add +4.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.10% 6,299 $4.2M Reduce -5.3%
VOO Vanguard S&P 500 ETF 0.08% 6,032 $3.7M Add +1.9%
EFA iShares MSCI Eafe ETF 0.07% 34,403 $3.2M No change
JSML Janus Hender SM Cap GRW Alph 0.07% 42,115 $3.1M Reduce -5.0%
MSFT Microsoft Corp. 0.06% 4,903 $2.5M Reduce -0.1%
VTI VG Morningstar TS MKT ETF-US 0.05% 6,047 $2.0M Add +6.9%
AAPL Apple Inc. 0.04% 7,232 $1.8M No change
SUSL iShares ESG MSCI USA Leaders 0.04% 13,957 $1.6M Add +1.4%
IWM iShares Russell 2000 ETF 0.04% 6,558 $1.6M Reduce -2.3%
IWR iShares Russell Mid-Cap ETF 0.03% 15,542 $1.5M Reduce -1.6%
EMXC iShares MSCI Emr MRK Ex Chna 0.03% 19,904 $1.3M No change
IWF iShares Russell 1000 Growth 0.03% 2,728 $1.3M Reduce -14.8%
GLD SPDR Gold Shares 0.03% 3,341 $1.2M Add +2.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.03% 2,317 $1.1M Reduce -0.2%
IWB iShares Russell 1000 ETF 0.02% 2,907 $1.1M No change
ITOT iShares Core S&P Total U.S. 0.02% 7,065 $1.0M No change
MDY State Street SPDR S&P Midcap 0.02% 1,635 $975K Add +0.1%
VIG Vanguard Dividend Apprec ETF 0.02% 4,485 $968K Add +13.7%
HDEF Xtrackers MSCI Eafe High Div 0.02% 30,808 $906K Reduce -2.2%
AGG iShares Core U.S. Aggregate 0.02% 8,514 $854K Add +6.2%
FDMO Fidelity Momentum Factor ETF 0.02% 9,108 $758K Add +3.1%
META Meta Platforms Inc. Class A 0.01% 886 $651K No change
SUB iShares Short-Term National 0.01% 5,880 $628K Add +3.3%
IWD iShares Russell 1000 Value E 0.01% 2,974 $605K Reduce -0.1%
PHYS Sprott Physical Gold Trust 0.01% 20,000 $592K No change
PGR Progressive Corp. 0.01% 2,344 $579K No change
AMZN Amazon.com Inc. 0.01% 2,510 $551K No change
FSV Firstservice Corp. 0.01% 2,865 $546K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.01% 6,155 $482K Add +11.3%
VEU Vanguard Ftse All-World Ex-U 0.01% 6,592 $470K No change
MA Mastercard Inc. Class A 0.01% 801 $456K No change
IJR iShares Core S&P Small-Cap E 0.01% 3,655 $434K Reduce -12.6%
IWO iShares Russell 2000 Growth 0.01% 1,341 $429K Add +4.8%
VXF Vanguard Extended Market ETF 0.01% 1,993 $417K No change
CTAS Cintas Corp. 0.01% 2,000 $411K No change
JPM JPMorgan Chase & Co. 0.01% 1,115 $352K Reduce -1.0%
JEPI JPMorgan Equity Premium Inco 0.01% 5,892 $336K Add +16.0%
INTF iShares International Equity 0.01% 8,762 $315K Add +0.3%
AVUV Avantis US Small Cap Value 0.01% 3,132 $312K No change
VWO Vanguard Ftse Emerging Marke 0.01% 5,431 $294K Add +5.2%
IWP iShares Russell Mid-Cap Grow 0.01% 2,053 $292K Reduce -9.6%
QEFA STSR SPD MSC Eaf Stgfs-US Inc. 0.01% 3,283 $289K Reduce -16.1%
DFUV Dimensional US Marketwide Va 0.01% 6,283 $281K No change
ITW Illinois Tool Works 0.01% 1,000 $261K Reduce -0.3%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F 0.01% 4,409 $254K Add +14.7%
JNJ Johnson & Johnson 0.01% 1,322 $245K Reduce -26.8%
CAT Caterpillar Inc. 0.01% 506 $241K New
BRK.B Berkshire Hathaway Inc. Class B 0.01% 477 $240K No change
QQQ Invesco QQQ Trust Series 1 0.01% 382 $229K Add +4.7%
NDAQ Nasdaq Inc. 0.01% 2,505 $222K No change
HD Home Depot Inc. 0.01% 545 $221K Reduce -0.7%
URI United Rentals Inc. 0.01% 230 $220K New
SCHY Schwab International DVD ETF 0.00% 7,621 $213K New
PEP Pepsico Inc. 0.00% 1,500 $211K New

Portfolio Sells Q2 2025 → Q3 2025
VIOO Vanguard S&P Small-Cap 600 E Reduce -22.8% 2.55% −0.65
VB Vanguard Most SM-Cap ETF-Usd Reduce -25.0% 0.21% −0.07
SHYM iShares Short Duration High Sold out 0.00% −0.05
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -0.8% 1.47% −0.04
SPHQ Invesco S&P 500 Quality ETF Reduce -0.9% 0.71% −0.03
IMCG iShares Morningstar Mid-Cap Reduce -1.9% 0.55% −0.02
IEFA iShares Core MSCI Eafe ETF Reduce -0.7% 1.45% −0.02
SCHA Schwab US Small-Cap ETF Reduce -17.3% 0.13% −0.02
SCHD Schwab US DVD Equity ETF Reduce -0.2% 0.25% −0.01
FQAL Fidelity Quality Factor ETF Reduce -2.0% 1.59% −0.01
DIS The Walt Disney Co. Sold out 0.00% −0.01
IWF iShares Russell 1000 Growth Reduce -14.8% 0.03% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Reduce -5.3% 0.10% −0.00
QEFA STSR SPD MSC Eaf Stgfs-US Inc. Reduce -16.1% 0.01% −0.00
HDEF Xtrackers MSCI Eafe High Div Reduce -2.2% 0.02% −0.00
IJR iShares Core S&P Small-Cap E Reduce -12.6% 0.01% −0.00
JNJ Johnson & Johnson Reduce -26.8% 0.01% −0.00
VSGX Vanguard ESG Intl Stock ETF Reduce -1.0% 0.13% −0.00
IWP iShares Russell Mid-Cap Grow Reduce -9.6% 0.01% −0.00
MSFT Microsoft Corp. Reduce -0.1% 0.06% −0.00
IWR iShares Russell Mid-Cap ETF Reduce -1.6% 0.03% −0.00
JSML Janus Hender SM Cap GRW Alph Reduce -5.0% 0.07% −0.00
IWD iShares Russell 1000 Value E Reduce -0.1% 0.01% −0.00
ITW Illinois Tool Works Reduce -0.3% 0.01% 0.00
HD Home Depot Inc. Reduce -0.7% 0.01% +0.00
JPM JPMorgan Chase & Co. Reduce -1.0% 0.01% +0.00
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.2% 0.03% +0.00
IWM iShares Russell 2000 ETF Reduce -2.3% 0.04% +0.00
IEMG iShares Core MSCI Emerging Reduce -2.5% 0.50% +0.01
ESGV Vanguard ESG US Stock ETF Reduce -0.1% 0.35% +0.01
SCHX Schwab US Large-Cap ETF Reduce -0.7% 2.82% +0.04
SPYG SS SPDR P S&P 500 Growth ETF Reduce -1.7% 9.13% +0.18

Portfolio Buys Q2 2025 → Q3 2025
IVV iShares Core S&P 500 ETF Add +2.5% 8.36% +0.37
QUAL iShares MSCI USA Quality Fac Add +1.7% 13.34% +0.32
VTEB Vanguard Tax-Exempt Bond ETF Add +9.3% 3.65% +0.20
VOE Vngrd Mrngstr MD-Cap Val ETF Add +3.0% 3.26% +0.11
SCHF Schwab Intl Equity ETF Add +2.3% 4.65% +0.09
SCHE Schwab Emrg Mrkts Eqty ETF Add +0.9% 1.50% +0.08
MTUM iShares MSCI USA Momentum Fa Add +0.7% 3.88% +0.06
FLQM Franklin U.S. Mid Cap Multif Add +4.7% 1.81% +0.05
SCHG Schwab US Large-Cap Growth Add +10.4% 0.14% +0.02
VYMI Vanguard Int High DVD YLD Inc. Add +0.1% 4.89% +0.01
CAT Caterpillar Inc. New 0.01% +0.01
URI United Rentals Inc. New 0.01% +0.01
SCHY Schwab International DVD ETF New 0.00% +0.00
PEP Pepsico Inc. New 0.00% +0.00
VTI VG Morningstar TS MKT ETF-US Add +6.9% 0.05% +0.00
VOO Vanguard S&P 500 ETF Add +1.9% 0.08% +0.00
GLD SPDR Gold Shares Add +2.4% 0.03% +0.00
VIG Vanguard Dividend Apprec ETF Add +13.7% 0.02% +0.00
SUSL iShares ESG MSCI USA Leaders Add +1.4% 0.04% +0.00
SPYM Ste STR SPDR PT S&P 500 ETF Add +11.3% 0.01% +0.00
IMCV iShares Morningstar Mid-Cap Add +0.1% 0.66% +0.00
FDMO Fidelity Momentum Factor ETF Add +3.1% 0.02% +0.00
IWO iShares Russell 2000 Growth Add +4.8% 0.01% +0.00
JEPI JPMorgan Equity Premium Inco Add +16.0% 0.01% +0.00
JEPQ JPM Nasdaq Equity Premium Add +14.7% 0.01% +0.00
VWO Vanguard Ftse Emerging Marke Add +5.2% 0.01% +0.00
OWNS CCM Affordable Hous MBS ETF Add +4.5% 0.11% +0.00
QQQ Invesco QQQ Trust Series 1 Add +4.7% 0.01% +0.00
AGG iShares Core U.S. Aggregate Add +6.2% 0.02% +0.00
INTF iShares International Equity Add +0.3% 0.01% 0.00
MDY State Street SPDR S&P Midcap Add +0.1% 0.02% −0.00
SUB iShares Short-Term National Add +3.3% 0.01% −0.00
ESGD iShares Trust iShares ESG Aw Add +0.2% 0.12% −0.00
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +0.0% 0.22% −0.01
MMIT Nylim Mackay Muni Intermedia Add +3.3% 3.38% −0.01
PFFD Global X US Preferred ETF Add +0.9% 3.11% −0.04
BND Vanguard Total Bond Market Add +1.7% 2.53% −0.07
PMBS PIMCO MBS Active ETF Add +2.1% 5.08% −0.11
MUB iShares National Muni Bond E Add +0.9% 6.24% −0.17
VGSH Vanguard Short-Term Treasury Add +3.1% 10.10% −0.24

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 113$5.3BQUAL, VSDB, IVV, SPYG, VYMI
Q1 2026 95$4.6BQUAL, IVV, VGSH, SPYG, VYMI
Q4 2025 92$4.5BQUAL, VGSH, SPYG, IVV, MUB
Q3 2025 88$4.4BQUAL, VGSH, SPYG, IVV, MUB
Q2 2025 86$4.2BQUAL, VGSH, SPYG, IVV, MUB
Q1 2025 81$3.8BVGSH, MUB, SCHD, QUAL, SPYG
Q4 2024 86$3.8BVGSH, MUB, SCHD, SPYG, IVV
Q3 2024 81$4.0BVGSH, MUB, SCHD, BND, IVV
Q2 2024 78$3.7BVGSH, MUB, SCHD, BND, IVV
Q1 2024 81$3.6BMUB, VGSH, SCHD, BND, SPYG