Palumbo Wealth Management LLC

Name: Palumbo Wealth Management LLC 13F holdings, Q2 2024
Creator: Palumbo Wealth Management LLC
Published: 2024-08-02

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 2, 2024), Palumbo Wealth Management LLC reported 151 stock positions worth $236.7 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.3% of the portfolio, followed by SPDR Gold Shares (GLD, 5.1%) and iShares 20+ Year Treasury BD (TLT, 4.9%). Compared with Q1 2024, it opened 17 new positions, sold out of 6, added to 80 and reduced 45. The biggest buy was a new position in Entergy (ETR) and the biggest sale SPDR Gold Shares (GLD, shares −12%).

Most Recent 13F: Q2 2026
Location: GREAT NECK, NY
CIK: 0001846310
Portfolio Value: $236.7M (Q2 2024)
SEC Filing: 0001951757-24-000622 ↗ filed Aug 2, 2024

Holdings Value

Holdings 151 stocks · $236.7M


SPY SS SPDR S&P 500 ETF Trust-US	9.25%	40,244	$21.9M	Add +8.4%
GLD SPDR Gold Shares	5.08%	55,931	$12.0M	Reduce -11.5%
TLT iShares 20+ Year Treasury BD	4.92%	126,739	$11.6M	Add +30.8%
DBC Invesco DB Commodity Index T	4.67%	475,698	$11.1M	Reduce -2.9%
AAPL Apple Inc.	3.94%	44,293	$9.3M	Add +0.3%
IEF iShares 7-10 Year Treasury B	3.27%	82,522	$7.7M	Reduce -4.8%
MSFT Microsoft Corp.	2.85%	15,066	$6.7M	Add +3.5%
WM Waste Management Inc.	2.80%	31,029	$6.6M	Reduce -4.3%
TIP iShares Tips Bond ETF	2.57%	57,020	$6.1M	Reduce -3.3%
AMZN Amazon.com Inc.	2.39%	29,320	$5.7M	Add +4.1%
VGLT Vanguard Long-Term Treasury	2.28%	93,538	$5.4M	Reduce -0.5%
QQQ Invesco QQQ Trust Series 1	2.16%	10,672	$5.1M	Add +1.8%
COST Costco Wholesale Corp.	2.01%	5,598	$4.8M	Reduce -0.3%
PHYS Sprott Physical Gold Trust	2.01%	263,448	$4.8M	Add +1.4%
V Visa Inc. Class A	1.60%	14,399	$3.8M	Add +5.1%
TFJL Innovator 20 YR Treas Bond 5	1.47%	175,864	$3.5M	Add +0.1%
NVDA Nvidia Corp.	1.46%	27,964	$3.5M	Reduce -18.1%
ITW Illinois Tool Works	1.37%	13,703	$3.2M	Add +12.7%
XLRE SS Real Estate Select Sector	1.29%	79,324	$3.0M	Add +38.2%
BRK.B Berkshire Hathaway Inc. Class B	1.24%	7,232	$2.9M	Add +23.4%
KO The Coca-Cola Co.	1.11%	41,210	$2.6M	Add +12.6%
DGX Quest Diagnostics Inc.	1.10%	18,982	$2.6M	Add +1.2%
XHB SS SPDR S&P Homebldrs ETF	1.06%	24,900	$2.5M	No change
ETR Entergy Corp.	1.03%	22,761	$2.4M	New
UNH Unitedhealth Group Inc.	1.03%	4,770	$2.4M	Add +19.9%
JNJ Johnson & Johnson	1.00%	16,180	$2.4M	Add +23.2%
ACN Accenture PLC Class A	0.95%	7,388	$2.2M	Add +20.4%
TMO Thermo Fisher Scientific Inc.	0.93%	3,970	$2.2M	Add +9.7%
FISV Fiserv Inc.	0.91%	14,440	$2.2M	Add +7.9%
GOOGL Alphabet Inc. Class A	0.90%	11,698	$2.1M	Add +1.9%
GOOG Alphabet Inc. Class C	0.89%	11,453	$2.1M	Add +20.5%
OEF iShares S&P 100 ETF	0.89%	7,947	$2.1M	Reduce -35.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.86%	20,482	$2.0M	Reduce -18.7%
MCD McDonald's Corp.	0.85%	7,929	$2.0M	Add +18.5%
JPM JPMorgan Chase & Co.	0.85%	9,975	$2.0M	Reduce -1.8%
MSTB Lha Market State Tactical	0.78%	57,020	$1.9M	Reduce -22.9%
VGIT Vanguard Intermediate-Term T	0.77%	31,425	$1.8M	Reduce -1.1%
TSCO Tractor Supply Company	0.77%	6,745	$1.8M	Add +5.0%
CHD Church & Dwight Co. Inc.	0.76%	17,264	$1.8M	Add +11.9%
NKE Nike Inc. Class B	0.73%	22,903	$1.7M	Add +28.3%
ORLY O'reilly Automotive Inc.	0.71%	1,588	$1.7M	Add +12.2%
SHW The Sherwin-Williams Co.	0.71%	5,601	$1.7M	Add +15.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.66%	8,981	$1.6M	Add +16.9%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.63%	13,614	$1.5M	Add +19.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.62%	36,919	$1.5M	Add +18.4%
PG The Procter & Gamble Co.	0.62%	8,883	$1.5M	Reduce -0.2%
XLV SS Health Care Select Sector	0.61%	9,945	$1.4M	Add +0.2%
MSCI MSCI Inc.	0.60%	2,938	$1.4M	Add +37.2%
JOET Virtus Terranova US Qual Mom	0.58%	39,668	$1.4M	Reduce -5.6%
OXY Occidental Petroleum Corp.	0.55%	20,716	$1.3M	Add +6.5%
PDBC Invesco Optimum Yield Divers	0.54%	91,357	$1.3M	Add +15.5%
TGT Target Corp.	0.53%	8,424	$1.2M	Add +19.8%
AMAT Applied Materials Inc.	0.48%	4,835	$1.1M	Add +16.6%
FDS Factset Research Systems Inc.	0.47%	2,744	$1.1M	Add +24.2%
SPGI S&P Global Inc.	0.45%	2,371	$1.1M	Add +0.2%
EFA iShares MSCI Eafe ETF	0.41%	12,495	$979K	Reduce -10.9%
CRM Salesforce Inc.	0.39%	3,604	$927K	Add +26.9%
ETN Eaton Corp. PLC	0.39%	2,916	$914K	Reduce -0.9%
CRWD CrowdStrike Holdings Inc. Class A	0.38%	2,323	$890K	Add +23.6%
CAT Caterpillar Inc.	0.36%	2,579	$859K	Add +0.3%
PALC Pacer Lunt LRG Cap Multi-Fac	0.36%	17,282	$841K	Add +78.9%
IYW iShares Ustechnology ETF	0.33%	5,200	$783K	No change
ABT Abbott Laboratories	0.31%	7,136	$742K	Add +26.6%
AMT American Tower Corp.	0.30%	3,657	$711K	Add +19.4%
META Meta Platforms Inc. Class A	0.27%	1,278	$644K	Add +4.7%
PMAY Innovator U.S. Equity Power	0.26%	18,354	$626K	New
MINT PIMCO Enhanced Short Maturit	0.26%	6,095	$613K	Reduce -31.5%
NOW ServiceNow Inc.	0.26%	775	$610K	Add +27.5%
APH Amphenol Corp. Class A	0.26%	8,988	$606K	Add +0.2%
VTI VG Morningstar TS MKT ETF-US	0.25%	2,251	$602K	Reduce -2.6%
HD Home Depot Inc.	0.25%	1,712	$589K	Add +0.6%
JMOM JPMorgan US Momentum Factor	0.25%	10,989	$589K	Add +126.0%
CI The Cigna Group	0.25%	1,774	$587K	Add +0.4%
CVX Chevron Corp.	0.24%	3,611	$565K	Add +0.6%
MNDY Monday.com Ltd.	0.24%	2,332	$561K	Add +25.6%
MTUM iShares MSCI USA Momentum Fa	0.24%	2,873	$560K	Reduce -21.3%
CMCSA Comcast Corp. Class A	0.21%	12,895	$505K	Add +0.7%
XOM Exxon Mobil Corp.	0.20%	4,186	$482K	Add +3.2%
MLPX Global X MLP & Energy Infras	0.20%	9,082	$464K	No change
MRK Merck & Co. Inc.	0.19%	3,652	$452K	Reduce -1.4%
HLT Hilton Worldwide Holdings Inc.	0.19%	2,064	$450K	New
NEE Nextera Energy Inc.	0.19%	6,331	$448K	Add +0.5%
EOT Eaton Vance National Municip	0.19%	26,520	$447K	No change
EPD Enterprise Products Partners	0.19%	15,306	$444K	No change
NUW Nuveen Amt-Free Muni Val	0.19%	31,562	$438K	No change
SSO Proshares Ultra S&P500	0.18%	5,214	$431K	No change
BX Blackstone Inc.	0.18%	3,425	$424K	Reduce -0.1%
UPS United Parcel Service Class B	0.18%	3,080	$422K	Reduce -3.8%
MUB iShares National Muni Bond E	0.18%	3,926	$418K	Reduce -5.0%
AMGN Amgen Inc.	0.17%	1,324	$414K	Add +1.9%
MNKD Mannkind Corp.	0.17%	76,278	$398K	Add +17.2%
PEG Public Service Enterprise GP	0.17%	5,353	$395K	Add +0.5%
EEM iShares MSCI Emerging Market	0.16%	9,155	$390K	Reduce -12.0%
PRU Prudential Financial Inc.	0.16%	3,325	$390K	Reduce -0.0%
SSUS Day Hagan Smart Sector ETF filed as STRATEGY SHS	0.16%	9,542	$377K	Add +0.8%
QCOM Qualcomm Inc.	0.16%	1,883	$375K	Add +0.3%
VIG Vanguard Dividend Apprec ETF	0.16%	2,032	$371K	Reduce -2.2%
PAYX Paychex Inc.	0.16%	3,127	$371K	Reduce -28.8%
PKG Packaging Corp. of America	0.13%	1,746	$319K	Reduce -4.8%
LMT Lockheed Martin Corp.	0.13%	669	$313K	Add +0.3%
WMT Walmart Inc.	0.13%	4,601	$312K	Add +21.3%
HON Honeywell International Inc.	0.13%	1,419	$303K	Reduce -1.9%
LIN Linde PLC	0.13%	687	$301K	Add +0.3%
IJR iShares Core S&P Small-Cap E	0.13%	2,822	$301K	Reduce -42.3%
BLK BlackRock Finance Inc.	0.12%	371	$292K	Add +0.5%
SBUX Starbucks Corp.	0.12%	3,741	$291K	Reduce -55.3%
VOO Vanguard S&P 500 ETF	0.12%	575	$288K	No change
SHY iShares 1-3 Year Treasury Bo	0.12%	3,356	$274K	New
LYB Lyondellbasell Indu Class A	0.12%	2,864	$274K	Reduce -5.3%
YUM Yum! Brands Inc.	0.12%	2,058	$273K	Add +0.3%
SO The Southern Co.	0.11%	3,504	$272K	Reduce -1.2%
ED Consolidated Edison Inc.	0.11%	3,029	$271K	Reduce -1.6%
PFE Pfizer Inc.	0.11%	9,463	$265K	New
TSLA Tesla Inc.	0.11%	1,292	$256K	Add +6.6%
RTX RTX Corp.	0.10%	2,468	$248K	Add +0.2%
F Ford Motor Co. filed as FORD MTR CO DEL	0.10%	19,488	$244K	Reduce -4.9%
FDX FedEx Corp.	0.10%	804	$241K	Reduce -9.9%
BIB Proshares Ultra Nasd Biotech	0.10%	4,000	$237K	No change
PLD Prologis Inc.	0.09%	1,998	$224K	Reduce -51.8%
NVO Novo-Nordisk A/S-Spons ADR	0.09%	1,567	$224K	New
WDAY Workday Inc. Class A	0.09%	995	$222K	Add +33.0%
NFLX Netflix Inc.	0.09%	326	$220K	New
XLU St Sr Utl SL SE SPDR ETF-Usd	0.09%	3,213	$219K	Reduce -0.3%
TXN Texas Instruments Inc.	0.09%	1,125	$219K	New
INTC Intel Corp.	0.09%	7,058	$219K	Reduce -7.2%
NTNX Nutanix Inc. Class A	0.09%	3,796	$216K	New
ASSERTIO HOLDINGS INC	0.09%	170,098	$211K	Add +18.4%
VZ Verizon Communications Inc.	0.09%	4,972	$205K	Reduce -0.5%
NET Cloudflare Inc. Class A	0.09%	2,435	$202K	New
T AT&T Inc.	0.08%	10,361	$198K	Add +1.5%
ABR Arbor Realty Trust Inc.	0.08%	13,613	$195K	Add +3.2%
SEER Seer Inc.	0.08%	106,291	$179K	Add +14.0%
ARDX Ardelyx Inc.	0.07%	23,549	$174K	New
ERAS Erasca Inc.	0.07%	68,345	$161K	Reduce -12.9%
OPTINOSE INC	0.06%	135,531	$141K	Add +13.9%
INFN Infinera Corp.	0.06%	22,104	$135K	Add +27.9%
XGN Exagen Inc.	0.05%	66,669	$121K	Add +265.5%
DSGN Design Therapeutics Inc.	0.05%	33,054	$111K	Add +94.8%
ZUO Zuora Inc. Class A	0.04%	10,326	$103K	New
OCUL Ocular Therapeutix Inc.	0.04%	12,667	$87K	New
NUVB Nuvation Bio Inc.	0.04%	28,350	$83K	Add +41.3%
OABI Omniab Inc.	0.03%	21,896	$82K	Add +58.4%
MTTR Matterport Inc.	0.03%	14,861	$66K	Add +6.5%
ACHR Archer Aviation Inc. Class A	0.03%	18,316	$64K	Add +41.0%
ZVRA Zevra Therapeutics Inc.	0.03%	12,902	$63K	Reduce -28.7%
INZY Inozyme Pharma Inc.	0.03%	13,584	$61K	New
ADCT Adc Therapeutics SA	0.02%	13,270	$42K	New
NAUT Nautilus Biotechnology Inc.	0.02%	17,793	$42K	New
SIRI Sirius XM Holdings Inc.	0.01%	11,187	$32K	Reduce -1.3%
ELEV Elevation Oncology Inc.	0.01%	11,266	$30K	Reduce -36.5%
LIVEPERSON INC	0.00%	10,955	$6K	New

Portfolio Sells Q1 2024 → Q2 2024


GLD SPDR Gold Shares	Reduce -11.5%	5.08%	−0.74
BF.B Brown-Forman Corp. Class B	Sold out	0.00%	−0.72
DIS The Walt Disney Co.	Reduce -18.7%	0.86%	−0.52
OEF iShares S&P 100 ETF	Reduce -35.0%	0.89%	−0.47
IEF iShares 7-10 Year Treasury B	Reduce -4.8%	3.27%	−0.41
DBC Invesco DB Commodity Index T	Reduce -2.9%	4.67%	−0.37
WM Waste Management Inc.	Reduce -4.3%	2.80%	−0.30
TIP iShares Tips Bond ETF	Reduce -3.3%	2.57%	−0.26
MSTB Lha Market State Tactical	Reduce -22.9%	0.78%	−0.26
SBUX Starbucks Corp.	Reduce -55.3%	0.12%	−0.22
VGLT Vanguard Long-Term Treasury	Reduce -0.5%	2.28%	−0.21
ARCC Ares Capital Corp.	Sold out	0.00%	−0.19
PLD Prologis Inc.	Reduce -51.8%	0.09%	−0.15
MINT PIMCO Enhanced Short Maturit	Reduce -31.5%	0.26%	−0.14
IJR iShares Core S&P Small-Cap E	Reduce -42.3%	0.13%	−0.12
EFA iShares MSCI Eafe ETF	Reduce -10.9%	0.41%	−0.09
PAYX Paychex Inc.	Reduce -28.8%	0.16%	−0.08
JOET Virtus Terranova US Qual Mom	Reduce -5.6%	0.58%	−0.07
MTUM iShares MSCI USA Momentum Fa	Reduce -21.3%	0.24%	−0.07
VGIT Vanguard Intermediate-Term T	Reduce -1.1%	0.77%	−0.06
JPM JPMorgan Chase & Co.	Reduce -1.8%	0.85%	−0.06
INTC Intel Corp.	Reduce -7.2%	0.09%	−0.06
ABEO Abeona Therapeutics Inc.	Sold out	0.00%	−0.05
PSTX Poseida Therapeutics Inc.	Sold out	0.00%	−0.04
UPS United Parcel Service Class B	Reduce -3.8%	0.18%	−0.04
ELEV Elevation Oncology Inc.	Reduce -36.5%	0.01%	−0.03
MRK Merck & Co. Inc.	Reduce -1.4%	0.19%	−0.03
PG The Procter & Gamble Co.	Reduce -0.2%	0.62%	−0.03
EEM iShares MSCI Emerging Market	Reduce -12.0%	0.16%	−0.03
ETN Eaton Corp. PLC	Reduce -0.9%	0.39%	−0.03
BDTX Black Diamond Therapeutics I	Sold out	0.00%	−0.02
LYB Lyondellbasell Indu Class A	Reduce -5.3%	0.12%	−0.02
BX Blackstone Inc.	Reduce -0.1%	0.18%	−0.02
MUB iShares National Muni Bond E	Reduce -5.0%	0.18%	−0.02
PKG Packaging Corp. of America	Reduce -4.8%	0.13%	−0.02
ZVRA Zevra Therapeutics Inc.	Reduce -28.7%	0.03%	−0.02
F Ford Motor Co.	Reduce -4.9%	0.10%	−0.02
VTI VG Morningstar TS MKT ETF-US	Reduce -2.6%	0.25%	−0.01
FDX FedEx Corp.	Reduce -9.9%	0.10%	−0.01
VIG Vanguard Dividend Apprec ETF	Reduce -2.2%	0.16%	−0.01
ED Consolidated Edison Inc.	Reduce -1.6%	0.11%	−0.01
PRU Prudential Financial Inc.	Reduce -0.0%	0.16%	−0.01
VZ Verizon Communications Inc.	Reduce -0.5%	0.09%	−0.01
SIRI Sirius XM Holdings Inc.	Reduce -1.3%	0.01%	−0.01
HON Honeywell International Inc.	Reduce -1.9%	0.13%	−0.00
ERAS Erasca Inc.	Reduce -12.9%	0.07%	−0.00
SINGULAR GENOMICS SYSTEMS IN	Sold out	0.00%	−0.00
XLU St Sr Utl SL SE SPDR ETF-Usd	Reduce -0.3%	0.09%	−0.00
SO The Southern Co.	Reduce -1.2%	0.11%	+0.00
NVDA Nvidia Corp.	Reduce -18.1%	1.46%	+0.08

Portfolio Buys Q1 2024 → Q2 2024


ETR Entergy Corp.	New	1.03%	+1.03
TLT iShares 20+ Year Treasury BD	Add +30.8%	4.92%	+0.81
SPY SS SPDR S&P 500 ETF Trust-US	Add +8.4%	9.25%	+0.56
AAPL Apple Inc.	Add +0.3%	3.94%	+0.55
XLRE SS Real Estate Select Sector	Add +38.2%	1.29%	+0.27
PMAY Innovator U.S. Equity Power	New	0.26%	+0.26
GOOG Alphabet Inc. Class C	Add +20.5%	0.89%	+0.24
HLT Hilton Worldwide Holdings Inc.	New	0.19%	+0.19
PALC Pacer Lunt LRG Cap Multi-Fac	Add +78.9%	0.36%	+0.15
UNH Unitedhealth Group Inc.	Add +19.9%	1.03%	+0.15
BRK.B Berkshire Hathaway Inc. Class B	Add +23.4%	1.24%	+0.14
JMOM JPMorgan US Momentum Factor	Add +126.0%	0.25%	+0.13
GOOGL Alphabet Inc. Class A	Add +1.9%	0.90%	+0.12
AMZN Amazon.com Inc.	Add +4.1%	2.39%	+0.12
SHY iShares 1-3 Year Treasury Bo	New	0.12%	+0.12
PFE Pfizer Inc.	New	0.11%	+0.11
CRWD CrowdStrike Holdings Inc. Class A	Add +23.6%	0.38%	+0.11
KO The Coca-Cola Co.	Add +12.6%	1.11%	+0.11
MSFT Microsoft Corp.	Add +3.5%	2.85%	+0.10
AMAT Applied Materials Inc.	Add +16.6%	0.48%	+0.10
NVO Novo-Nordisk A/S-Spons ADR	New	0.09%	+0.09
NFLX Netflix Inc.	New	0.09%	+0.09
TXN Texas Instruments Inc.	New	0.09%	+0.09
BAC Bank of America Corp.	Add +18.4%	0.62%	+0.09
NTNX Nutanix Inc. Class A	New	0.09%	+0.09
NET Cloudflare Inc. Class A	New	0.09%	+0.09
QQQ Invesco QQQ Trust Series 1	Add +1.8%	2.16%	+0.08
ARDX Ardelyx Inc.	New	0.07%	+0.07
JNJ Johnson & Johnson	Add +23.2%	1.00%	+0.07
MSCI MSCI Inc.	Add +37.2%	0.60%	+0.06
PDBC Invesco Optimum Yield Divers	Add +15.5%	0.54%	+0.05
NOW ServiceNow Inc.	Add +27.5%	0.26%	+0.05
MNDY Monday.com Ltd.	Add +25.6%	0.24%	+0.05
ZUO Zuora Inc. Class A	New	0.04%	+0.04
XGN Exagen Inc.	Add +265.5%	0.05%	+0.04
OCUL Ocular Therapeutix Inc.	New	0.04%	+0.04
MNKD Mannkind Corp.	Add +17.2%	0.17%	+0.04
CHD Church & Dwight Co. Inc.	Add +11.9%	0.76%	+0.04
AMT American Tower Corp.	Add +19.4%	0.30%	+0.03
WMT Walmart Inc.	Add +21.3%	0.13%	+0.03
ASSERTIO HOLDINGS INC	Add +18.4%	0.09%	+0.03
ABT Abbott Laboratories	Add +26.6%	0.31%	+0.03
INZY Inozyme Pharma Inc.	New	0.03%	+0.03
APH Amphenol Corp. Class A	Add +0.2%	0.26%	+0.02
FDS Factset Research Systems Inc.	Add +24.2%	0.47%	+0.02
ADCT Adc Therapeutics SA	New	0.02%	+0.02
NAUT Nautilus Biotechnology Inc.	New	0.02%	+0.02
TSCO Tractor Supply Company	Add +5.0%	0.77%	+0.02
DSGN Design Therapeutics Inc.	Add +94.8%	0.05%	+0.02
QCOM Qualcomm Inc.	Add +0.3%	0.16%	+0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	237	$477.6M	SPY, GOOGL, JPST, AAPL, AMZN
Q1 2026	221	$409.8M	SPY, GOOGL, GLD, AAPL, AMZN
Q4 2025	218	$405.3M	SPY, GOOGL, AMZN, AAPL, GLD
Q3 2025	179	$313.1M	SPY, GLD, AAPL, AMZN, DBC
Q2 2025	197	$322.9M	SPY, JPST, GLD, AAPL, DBC
Q1 2025	187	$299.2M	SPY, JPST, GLD, AAPL, DBC
Q4 2024	175	$267.8M	SPY, JPST, GLD, AAPL, DBC
Q3 2024	160	$257.2M	SPY, GLD, TLT, DBC, AAPL
Q2 2024	151	$236.7M	SPY, GLD, TLT, DBC, AAPL
Q1 2024	140	$223.3M	SPY, GLD, DBC, TLT, IEF