Palumbo Wealth Management LLC

Name: Palumbo Wealth Management LLC 13F holdings, Q3 2024
Creator: Palumbo Wealth Management LLC
Published: 2024-10-28

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

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 28, 2024), Palumbo Wealth Management LLC reported 160 stock positions worth $257.2 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 8.9% of the portfolio, followed by SPDR Gold Shares (GLD, 5.1%) and iShares 20+ Year Treasury BD (TLT, 4.9%). Compared with Q2 2024, it opened 17 new positions, sold out of 8, added to 101 and reduced 36. The biggest buy was Honeywell International (HON, shares +217%) and the biggest sale Invesco DB Commodity Index T (DBC, shares −1%).

Most Recent 13F: Q2 2026
Location: GREAT NECK, NY
CIK: 0001846310
Portfolio Value: $257.2M (Q3 2024)
SEC Filing: 0001951757-24-001129 ↗ filed Oct 28, 2024

Holdings Value

Holdings 160 stocks · $257.2M


SPY SS SPDR S&P 500 ETF Trust-US	8.94%	40,051	$23.0M	Reduce -0.5%
GLD SPDR Gold Shares	5.13%	54,241	$13.2M	Reduce -3.0%
TLT iShares 20+ Year Treasury BD	4.92%	129,107	$12.7M	Add +1.9%
DBC Invesco DB Commodity Index T	4.09%	472,342	$10.5M	Reduce -0.7%
AAPL Apple Inc.	4.00%	44,159	$10.3M	Reduce -0.3%
IEF iShares 7-10 Year Treasury B	3.21%	84,085	$8.3M	Add +1.9%
MSFT Microsoft Corp.	2.72%	16,270	$7.0M	Add +8.0%
WM Waste Management Inc.	2.55%	31,553	$6.6M	Add +1.7%
TIP iShares Tips Bond ETF	2.36%	54,976	$6.1M	Reduce -3.6%
VGLT Vanguard Long-Term Treasury	2.15%	89,996	$5.5M	Reduce -3.8%
AMZN Amazon.com Inc.	2.13%	29,427	$5.5M	Add +0.4%
PHYS Sprott Physical Gold Trust	2.10%	264,637	$5.4M	Add +0.5%
QQQ Invesco QQQ Trust Series 1	2.03%	10,705	$5.2M	Add +0.3%
COST Costco Wholesale Corp.	1.95%	5,668	$5.0M	Add +1.3%
V Visa Inc. Class A	1.56%	14,584	$4.0M	Add +1.3%
ITW Illinois Tool Works	1.44%	14,179	$3.7M	Add +3.5%
XLRE SS Real Estate Select Sector	1.38%	79,317	$3.5M	Reduce -0.0%
NVDA Nvidia Corp.	1.36%	28,888	$3.5M	Add +3.3%
TFJL Innovator 20 YR Treas Bond 5	1.36%	166,152	$3.5M	Reduce -5.5%
BRK.B Berkshire Hathaway Inc. Class B	1.31%	7,301	$3.4M	Add +0.9%
XHB SS SPDR S&P Homebldrs ETF	1.21%	24,900	$3.1M	No change
ETR Entergy Corp.	1.20%	23,468	$3.1M	Add +3.1%
KO The Coca-Cola Co.	1.18%	42,139	$3.0M	Add +2.3%
DGX Quest Diagnostics Inc.	1.17%	19,390	$3.0M	Add +2.1%
UNH Unitedhealth Group Inc.	1.11%	4,877	$2.9M	Add +2.2%
FISV Fiserv Inc.	1.03%	14,761	$2.7M	Add +2.2%
TMO Thermo Fisher Scientific Inc.	0.98%	4,073	$2.5M	Add +2.6%
JNJ Johnson & Johnson	0.98%	15,515	$2.5M	Reduce -4.1%
ACN Accenture PLC Class A	0.98%	7,112	$2.5M	Reduce -3.7%
MCD McDonald's Corp.	0.96%	8,074	$2.5M	Add +1.8%
JPM JPMorgan Chase & Co.	0.92%	11,187	$2.4M	Add +12.2%
SHW The Sherwin-Williams Co.	0.85%	5,725	$2.2M	Add +2.2%
NKE Nike Inc. Class B	0.79%	23,054	$2.0M	Add +0.7%
TSCO Tractor Supply Company	0.79%	6,954	$2.0M	Add +3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.78%	9,063	$2.0M	Add +0.9%
GOOGL Alphabet Inc. Class A	0.77%	12,005	$2.0M	Add +2.6%
GOOG Alphabet Inc. Class C	0.75%	11,465	$1.9M	Add +0.1%
ORLY O'reilly Automotive Inc.	0.73%	1,638	$1.9M	Add +3.1%
MSTB Lha Market State Tactical	0.73%	55,242	$1.9M	Reduce -3.1%
CHD Church & Dwight Co. Inc.	0.73%	17,813	$1.9M	Add +3.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.71%	19,069	$1.8M	Reduce -6.9%
OEF iShares S&P 100 ETF	0.71%	6,556	$1.8M	Reduce -17.5%
PG The Procter & Gamble Co.	0.70%	10,327	$1.8M	Add +16.3%
VGIT Vanguard Intermediate-Term T	0.69%	29,374	$1.8M	Reduce -6.5%
MSCI MSCI Inc.	0.68%	3,020	$1.8M	Add +2.8%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.66%	14,095	$1.7M	Add +3.5%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.63%	40,910	$1.6M	Add +10.8%
XLV SS Health Care Select Sector	0.60%	9,948	$1.5M	Add +0.0%
TGT Target Corp.	0.56%	9,300	$1.4M	Add +10.4%
JOET Virtus Terranova US Qual Mom	0.56%	39,277	$1.4M	Reduce -1.0%
OXY Occidental Petroleum Corp.	0.51%	25,458	$1.3M	Add +22.9%
FDS Factset Research Systems Inc.	0.49%	2,735	$1.3M	Reduce -0.3%
SPGI S&P Global Inc.	0.48%	2,375	$1.2M	Add +0.2%
PDBC Invesco Optimum Yield Divers	0.48%	91,314	$1.2M	Reduce -0.1%
EFA iShares MSCI Eafe ETF	0.40%	12,355	$1.0M	Reduce -1.1%
CRM Salesforce Inc.	0.39%	3,679	$1.0M	Add +2.1%
CAT Caterpillar Inc.	0.39%	2,557	$1.0M	Reduce -0.8%
AMAT Applied Materials Inc.	0.38%	4,872	$984K	Add +0.8%
ETN Eaton Corp. PLC	0.37%	2,871	$951K	Reduce -1.5%
HON Honeywell International Inc.	0.36%	4,497	$930K	Add +216.9%
PALC Pacer Lunt LRG Cap Multi-Fac	0.35%	18,239	$904K	Add +5.5%
AMT American Tower Corp.	0.34%	3,714	$864K	Add +1.6%
ABT Abbott Laboratories	0.32%	7,205	$821K	Add +1.0%
IYW iShares Ustechnology ETF	0.31%	5,200	$788K	No change
MINT PIMCO Enhanced Short Maturit	0.30%	7,742	$780K	Add +27.0%
CRWD CrowdStrike Holdings Inc. Class A	0.30%	2,721	$763K	Add +17.1%
META Meta Platforms Inc. Class A	0.30%	1,326	$759K	Add +3.8%
NOW ServiceNow Inc.	0.29%	847	$758K	Add +9.3%
MNDY Monday.com Ltd.	0.27%	2,525	$701K	Add +8.3%
HD Home Depot Inc.	0.27%	1,722	$698K	Add +0.6%
PMAY Innovator U.S. Equity Power	0.25%	18,354	$647K	No change
JMOM JPMorgan US Momentum Factor	0.25%	11,291	$645K	Add +2.8%
VTI VG Morningstar TS MKT ETF-US	0.25%	2,265	$641K	Add +0.6%
CI The Cigna Group	0.24%	1,781	$617K	Add +0.4%
SHY iShares 1-3 Year Treasury Bo	0.24%	7,329	$609K	Add +118.4%
APH Amphenol Corp. Class A	0.23%	9,003	$587K	Add +0.2%
NEE Nextera Energy Inc.	0.22%	6,817	$576K	Add +7.7%
MTUM iShares MSCI USA Momentum Fa	0.22%	2,821	$572K	Reduce -1.8%
CMCSA Comcast Corp. Class A	0.20%	12,609	$527K	Reduce -2.2%
ED Consolidated Edison Inc.	0.20%	5,042	$525K	Add +66.5%
BX Blackstone Inc.	0.20%	3,428	$525K	Add +0.1%
MLPX Global X MLP & Energy Infras	0.19%	9,082	$494K	No change
XOM Exxon Mobil Corp.	0.19%	4,174	$489K	Reduce -0.3%
PNI PIMCO NY Muni Inc. II FND	0.19%	61,780	$487K	New
XPMQX PIMCO Muni Income Fund III	0.19%	58,635	$484K	New
MNKD Mannkind Corp.	0.19%	76,840	$483K	Add +0.7%
HLT Hilton Worldwide Holdings Inc.	0.19%	2,093	$482K	Add +1.4%
PEG Public Service Enterprise GP	0.19%	5,376	$480K	Add +0.4%
SSO Proshares Ultra S&P500	0.18%	5,222	$471K	Add +0.1%
MUB iShares National Muni Bond E	0.18%	4,245	$461K	Add +8.1%
PRU Prudential Financial Inc.	0.18%	3,776	$457K	Add +13.6%
CVX Chevron Corp.	0.18%	3,088	$455K	Reduce -14.5%
EPD Enterprise Products Partners	0.17%	15,306	$446K	No change
AMGN Amgen Inc.	0.17%	1,336	$430K	Add +0.9%
UPS United Parcel Service Class B	0.16%	3,083	$420K	Add +0.1%
PAYX Paychex Inc.	0.16%	3,099	$416K	Reduce -0.9%
MRK Merck & Co. Inc.	0.16%	3,650	$414K	Reduce -0.1%
EEM iShares MSCI Emerging Market	0.16%	8,948	$410K	Reduce -2.3%
VIG Vanguard Dividend Apprec ETF	0.16%	2,033	$403K	Add +0.1%
KLAC KLA Corp.	0.15%	513	$397K	New
LMT Lockheed Martin Corp.	0.15%	671	$392K	Add +0.3%
SSUS Day Hagan Smart Sector ETF filed as STRATEGY SHS	0.15%	9,309	$387K	Reduce -2.4%
WMT Walmart Inc.	0.15%	4,630	$374K	Add +0.6%
SBUX Starbucks Corp.	0.14%	3,743	$365K	Add +0.1%
PKG Packaging Corp. of America	0.14%	1,689	$364K	Reduce -3.3%
LYB Lyondellbasell Indu Class A	0.14%	3,770	$362K	Add +31.6%
BLK BlackRock Finance Inc.	0.14%	373	$354K	Add +0.5%
SO The Southern Co.	0.14%	3,881	$350K	Add +10.8%
TSLA Tesla Inc.	0.13%	1,283	$336K	Reduce -0.7%
IJR iShares Core S&P Small-Cap E	0.13%	2,825	$330K	Add +0.1%
LIN Linde PLC	0.13%	688	$328K	Add +0.1%
QCOM Qualcomm Inc.	0.12%	1,881	$320K	Reduce -0.1%
VOO Vanguard S&P 500 ETF	0.12%	597	$315K	Add +3.8%
RTX RTX Corp.	0.12%	2,475	$300K	Add +0.3%
C Citigroup Inc.	0.12%	4,749	$297K	New
YUM Yum! Brands Inc.	0.11%	2,066	$289K	Add +0.4%
WGS Genedx Holdings Corp.	0.11%	6,761	$287K	New
PFE Pfizer Inc.	0.11%	9,674	$280K	Add +2.2%
WDAY Workday Inc. Class A	0.11%	1,115	$273K	Add +12.1%
MMM 3M Co.	0.10%	1,947	$266K	New
XLU St Sr Utl SL SE SPDR ETF-Usd	0.10%	3,234	$261K	Add +0.7%
BIB Proshares Ultra Nasd Biotech	0.10%	4,000	$255K	No change
PLD Prologis Inc.	0.10%	2,009	$254K	Add +0.6%
SEER Seer Inc.	0.09%	122,292	$241K	Add +15.1%
XGN Exagen Inc.	0.09%	76,364	$236K	Add +14.5%
PTGX Protagonist Therapeutics Inc.	0.09%	5,211	$234K	New
GTLB Gitlab Inc. Class A	0.09%	4,539	$234K	New
TXN Texas Instruments Inc.	0.09%	1,131	$234K	Add +0.5%
NTNX Nutanix Inc. Class A	0.09%	3,886	$230K	Add +2.4%
T AT&T Inc.	0.09%	10,464	$230K	Add +1.0%
NFLX Netflix Inc.	0.09%	322	$228K	Reduce -1.2%
PLTR Palantir Technologies Inc. Class A	0.09%	6,139	$228K	New
VZ Verizon Communications Inc.	0.09%	4,975	$223K	Add +0.1%
IDYA Ideaya Biosciences Inc.	0.09%	7,047	$223K	New
FDX FedEx Corp.	0.09%	809	$221K	Add +0.6%
ASSERTIO HOLDINGS INC	0.09%	185,961	$219K	Add +9.3%
ABR Arbor Realty Trust Inc.	0.08%	14,040	$218K	Add +3.1%
NET Cloudflare Inc. Class A	0.08%	2,659	$215K	Add +9.2%
ECL Ecolab Inc.	0.08%	817	$209K	New
F Ford Motor Co. filed as FORD MTR CO	0.08%	19,676	$208K	Add +1.0%
DSGN Design Therapeutics Inc.	0.08%	36,774	$198K	Add +11.3%
XMTR Xometry Inc. Class A	0.07%	10,406	$191K	New
INFN Infinera Corp.	0.06%	23,954	$162K	Add +8.4%
ZURA Zura Bio Ltd.	0.06%	38,335	$156K	New
ARDX Ardelyx Inc.	0.06%	20,526	$141K	Reduce -12.8%
ERAS Erasca Inc.	0.04%	39,723	$108K	Reduce -41.9%
OABI Omniab Inc.	0.04%	24,640	$104K	Add +12.5%
CRMD Cormedix Inc.	0.04%	12,366	$100K	New
ZUO Zuora Inc. Class A	0.04%	11,536	$99K	Add +11.7%
INZY Inozyme Pharma Inc.	0.03%	15,286	$80K	Add +12.5%
TMCI Treace Medical Concepts Inc.	0.03%	12,996	$75K	New
MTTR Matterport Inc.	0.03%	15,732	$71K	Add +5.9%
ACHR Archer Aviation Inc. Class A	0.02%	20,680	$63K	Add +12.9%
NAUT Nautilus Biotechnology Inc.	0.02%	19,587	$56K	Add +10.1%
OPTINOSE INC	0.02%	78,378	$53K	Reduce -42.2%
NUVB Nuvation Bio Inc.	0.01%	16,446	$38K	Reduce -42.0%
VTYX Ventyx Biosciences Inc.	0.01%	12,140	$26K	New
BFLY Butterfly Network Inc.	0.01%	11,682	$21K	New
LIVEPERSON INC	0.01%	12,125	$16K	Add +10.7%
ELEV Elevation Oncology Inc.	0.00%	17,515	$11K	Add +55.5%

Portfolio Sells Q2 2024 → Q3 2024


DBC Invesco DB Commodity Index T	Reduce -0.7%	4.09%	−0.58
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -0.5%	8.94%	−0.32
TIP iShares Tips Bond ETF	Reduce -3.6%	2.36%	−0.21
EOT Eaton Vance National Municip	Sold out	0.00%	−0.19
NUW Nuveen Amt-Free Muni Val	Sold out	0.00%	−0.19
OEF iShares S&P 100 ETF	Reduce -17.5%	0.71%	−0.18
DIS The Walt Disney Co.	Reduce -6.9%	0.71%	−0.15
VGLT Vanguard Long-Term Treasury	Reduce -3.8%	2.15%	−0.13
TFJL Innovator 20 YR Treas Bond 5	Reduce -5.5%	1.36%	−0.11
NVO Novo-Nordisk A/S-Spons ADR	Sold out	0.00%	−0.09
INTC Intel Corp.	Sold out	0.00%	−0.09
VGIT Vanguard Intermediate-Term T	Reduce -6.5%	0.69%	−0.08
PDBC Invesco Optimum Yield Divers	Reduce -0.1%	0.48%	−0.07
CVX Chevron Corp.	Reduce -14.5%	0.18%	−0.06
MSTB Lha Market State Tactical	Reduce -3.1%	0.73%	−0.05
OPTINOSE INC	Reduce -42.2%	0.02%	−0.04
OCUL Ocular Therapeutix Inc.	Sold out	0.00%	−0.04
QCOM Qualcomm Inc.	Reduce -0.1%	0.12%	−0.03
MRK Merck & Co. Inc.	Reduce -0.1%	0.16%	−0.03
ZVRA Zevra Therapeutics Inc.	Sold out	0.00%	−0.03
ERAS Erasca Inc.	Reduce -41.9%	0.04%	−0.03
JNJ Johnson & Johnson	Reduce -4.1%	0.98%	−0.02
NUVB Nuvation Bio Inc.	Reduce -42.0%	0.01%	−0.02
ARDX Ardelyx Inc.	Reduce -12.8%	0.06%	−0.02
ADCT Adc Therapeutics SA	Sold out	0.00%	−0.02
ETN Eaton Corp. PLC	Reduce -1.5%	0.37%	−0.02
MTUM iShares MSCI USA Momentum Fa	Reduce -1.8%	0.22%	−0.01
JOET Virtus Terranova US Qual Mom	Reduce -1.0%	0.56%	−0.01
XOM Exxon Mobil Corp.	Reduce -0.3%	0.19%	−0.01
SIRI Sirius XM Holdings Inc.	Sold out	0.00%	−0.01
EFA iShares MSCI Eafe ETF	Reduce -1.1%	0.40%	−0.01
SSUS Day Hagan Smart Sector ETF	Reduce -2.4%	0.15%	−0.01
CMCSA Comcast Corp. Class A	Reduce -2.2%	0.20%	−0.01
EEM iShares MSCI Emerging Market	Reduce -2.3%	0.16%	−0.01
NFLX Netflix Inc.	Reduce -1.2%	0.09%	−0.00
PAYX Paychex Inc.	Reduce -0.9%	0.16%	+0.01
PKG Packaging Corp. of America	Reduce -3.3%	0.14%	+0.01
FDS Factset Research Systems Inc.	Reduce -0.3%	0.49%	+0.02
TSLA Tesla Inc.	Reduce -0.7%	0.13%	+0.02
CAT Caterpillar Inc.	Reduce -0.8%	0.39%	+0.03
ACN Accenture PLC Class A	Reduce -3.7%	0.98%	+0.03
GLD SPDR Gold Shares	Reduce -3.0%	5.13%	+0.04
AAPL Apple Inc.	Reduce -0.3%	4.00%	+0.06
XLRE SS Real Estate Select Sector	Reduce -0.0%	1.38%	+0.09

Portfolio Buys Q2 2024 → Q3 2024


HON Honeywell International Inc.	Add +216.9%	0.36%	+0.23
PNI PIMCO NY Muni Inc. II FND	New	0.19%	+0.19
XPMQX PIMCO Muni Income Fund III	New	0.19%	+0.19
ETR Entergy Corp.	Add +3.1%	1.20%	+0.17
KLAC KLA Corp.	New	0.15%	+0.15
SHW The Sherwin-Williams Co.	Add +2.2%	0.85%	+0.14
IBM Intl Business Machines Corp.	Add +0.9%	0.78%	+0.12
FISV Fiserv Inc.	Add +2.2%	1.03%	+0.12
SHY iShares 1-3 Year Treasury Bo	Add +118.4%	0.24%	+0.12
C Citigroup Inc.	New	0.12%	+0.12
WGS Genedx Holdings Corp.	New	0.11%	+0.11
MMM 3M Co.	New	0.10%	+0.10
MCD McDonald's Corp.	Add +1.8%	0.96%	+0.10
PTGX Protagonist Therapeutics Inc.	New	0.09%	+0.09
GTLB Gitlab Inc. Class A	New	0.09%	+0.09
ED Consolidated Edison Inc.	Add +66.5%	0.20%	+0.09
PLTR Palantir Technologies Inc. Class A	New	0.09%	+0.09
IDYA Ideaya Biosciences Inc.	New	0.09%	+0.09
PHYS Sprott Physical Gold Trust	Add +0.5%	2.10%	+0.09
MSCI MSCI Inc.	Add +2.8%	0.68%	+0.09
UNH Unitedhealth Group Inc.	Add +2.2%	1.11%	+0.08
ECL Ecolab Inc.	New	0.08%	+0.08
PG The Procter & Gamble Co.	Add +16.3%	0.70%	+0.08
XMTR Xometry Inc. Class A	New	0.07%	+0.07
ITW Illinois Tool Works	Add +3.5%	1.44%	+0.07
DGX Quest Diagnostics Inc.	Add +2.1%	1.17%	+0.07
KO The Coca-Cola Co.	Add +2.3%	1.18%	+0.07
JPM JPMorgan Chase & Co.	Add +12.2%	0.92%	+0.06
BRK.B Berkshire Hathaway Inc. Class B	Add +0.9%	1.31%	+0.06
NKE Nike Inc. Class B	Add +0.7%	0.79%	+0.06
ZURA Zura Bio Ltd.	New	0.06%	+0.06
TMO Thermo Fisher Scientific Inc.	Add +2.6%	0.98%	+0.05
MINT PIMCO Enhanced Short Maturit	Add +27.0%	0.30%	+0.04
XGN Exagen Inc.	Add +14.5%	0.09%	+0.04
CRMD Cormedix Inc.	New	0.04%	+0.04
NOW ServiceNow Inc.	Add +9.3%	0.29%	+0.04
TGT Target Corp.	Add +10.4%	0.56%	+0.04
SJM The JM Smucker Co.	Add +3.5%	0.66%	+0.04
MNDY Monday.com Ltd.	Add +8.3%	0.27%	+0.04
AMT American Tower Corp.	Add +1.6%	0.34%	+0.04
NEE Nextera Energy Inc.	Add +7.7%	0.22%	+0.03
SPGI S&P Global Inc.	Add +0.2%	0.48%	+0.03
DSGN Design Therapeutics Inc.	Add +11.3%	0.08%	+0.03
TMCI Treace Medical Concepts Inc.	New	0.03%	+0.03
BX Blackstone Inc.	Add +0.1%	0.20%	+0.03
ORLY O'reilly Automotive Inc.	Add +3.1%	0.73%	+0.02
LYB Lyondellbasell Indu Class A	Add +31.6%	0.14%	+0.02
META Meta Platforms Inc. Class A	Add +3.8%	0.30%	+0.02
HD Home Depot Inc.	Add +0.6%	0.27%	+0.02
SO The Southern Co.	Add +10.8%	0.14%	+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