Palumbo Wealth Management LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Palumbo Wealth Management LLC reported 175 stock positions worth $267.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 11.2% of the portfolio, followed by JPMorgan Ultra-Short Income (JPST, 7.8%) and SPDR Gold Shares (GLD, 4.9%). Compared with Q3 2024, it opened 34 new positions, sold out of 19, added to 97 and reduced 35. The biggest buy was a new position in JPMorgan Ultra-Short Income (JPST) and the biggest sale an exit from iShares 20+ Year Treasury BD (TLT).
- Most Recent 13F
- Q2 2026
- Location
- GREAT NECK, NY
- CIK
- 0001846310
- Portfolio Value
- $267.8M (Q4 2024)
- SEC Filing
- 0001951757-25-000159 ↗ filed Jan 30, 2025
Holdings Value
Holdings 175 stocks · $267.8M
| SPY SS SPDR S&P 500 ETF Trust-US | 11.25% | 51,399 | $30.1M | Add +28.3% |
| JPST JPMorgan Ultra-Short Income | 7.79% | 414,088 | $20.9M | New |
| GLD SPDR Gold Shares | 4.90% | 54,198 | $13.1M | Reduce -0.1% |
| AAPL Apple Inc. | 4.22% | 45,126 | $11.3M | Add +2.2% |
| DBC Invesco DB Commodity Index T | 3.90% | 488,807 | $10.5M | Add +3.5% |
| MSFT Microsoft Corp. | 2.70% | 17,171 | $7.2M | Add +5.5% |
| AMZN Amazon.com Inc. | 2.61% | 31,807 | $7.0M | Add +8.1% |
| WM Waste Management Inc. | 2.54% | 33,744 | $6.8M | Add +6.9% |
| PHYS Sprott Physical Gold Trust | 2.06% | 274,507 | $5.5M | Add +3.7% |
| QQQ Invesco QQQ Trust Series 1 | 2.06% | 10,813 | $5.5M | Add +1.0% |
| COST Costco Wholesale Corp. | 2.06% | 6,018 | $5.5M | Add +6.2% |
| V Visa Inc. Class A | 1.85% | 15,667 | $5.0M | Add +7.4% |
| ITW Illinois Tool Works | 1.52% | 16,081 | $4.1M | Add +13.4% |
| NVDA Nvidia Corp. | 1.43% | 28,618 | $3.8M | Reduce -0.9% |
| ETR Entergy Corp. | 1.40% | 49,343 | $3.7M | Add +5.1% |
| HELO JPMorgan Hedged Equity ETF | 1.30% | 56,134 | $3.5M | New |
| BRK.B Berkshire Hathaway Inc. Class B | 1.26% | 7,455 | $3.4M | Add +2.1% |
| FISV Fiserv Inc. | 1.25% | 16,362 | $3.4M | Add +10.8% |
| XLRE SS Real Estate Select Sector | 1.25% | 82,285 | $3.3M | Add +3.7% |
| DGX Quest Diagnostics Inc. | 1.23% | 21,786 | $3.3M | Add +12.4% |
| GOOGL Alphabet Inc. Class A | 1.14% | 16,146 | $3.1M | Add +34.5% |
| ACN Accenture PLC Class A | 1.06% | 8,075 | $2.8M | Add +13.5% |
| UNH Unitedhealth Group Inc. | 1.04% | 5,505 | $2.8M | Add +12.9% |
| JPM JPMorgan Chase & Co. | 1.02% | 11,412 | $2.7M | Add +2.0% |
| XLV SS Health Care Select Sector | 1.02% | 19,849 | $2.7M | Add +99.5% |
| MCD McDonald's Corp. | 1.00% | 9,261 | $2.7M | Add +14.7% |
| XHB SS SPDR S&P Homebldrs ETF | 0.97% | 24,900 | $2.6M | No change |
| ORLY O'reilly Automotive Inc. | 0.85% | 1,923 | $2.3M | Add +17.4% |
| SHW The Sherwin-Williams Co. | 0.84% | 6,647 | $2.3M | Add +16.1% |
| CHD Church & Dwight Co. Inc. | 0.83% | 21,156 | $2.2M | Add +18.8% |
| TSCO Tractor Supply Company | 0.81% | 40,989 | $2.2M | Add +17.9% |
| GOOG Alphabet Inc. Class C | 0.81% | 11,397 | $2.2M | Reduce -0.6% |
| MSCI MSCI Inc. | 0.78% | 3,462 | $2.1M | Add +14.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.75% | 9,116 | $2.0M | Add +0.6% |
| OEF iShares S&P 100 ETF | 0.71% | 6,546 | $1.9M | Reduce -0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.70% | 3,595 | $1.9M | Reduce -11.7% |
| MSTB Lha Market State Tactical | 0.69% | 54,349 | $1.8M | Reduce -1.6% |
| JNJ Johnson & Johnson | 0.68% | 12,670 | $1.8M | Reduce -18.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.68% | 16,339 | $1.8M | Reduce -14.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.65% | 39,533 | $1.7M | Reduce -3.4% |
| CMCSA Comcast Corp. Class A | 0.64% | 45,790 | $1.7M | Add +263.1% |
| PG The Procter & Gamble Co. | 0.62% | 9,931 | $1.7M | Reduce -3.8% |
| FDS Factset Research Systems Inc. | 0.59% | 3,263 | $1.6M | Add +19.3% |
| JOET Virtus Terranova US Qual Mom | 0.55% | 38,844 | $1.5M | Reduce -1.1% |
| OXY Occidental Petroleum Corp. | 0.52% | 28,409 | $1.4M | Add +11.6% |
| META Meta Platforms Inc. Class A | 0.51% | 2,345 | $1.4M | Add +76.8% |
| CRM Salesforce Inc. | 0.49% | 3,945 | $1.3M | Add +7.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.48% | 3,774 | $1.3M | Add +38.7% |
| NKE Nike Inc. Class B | 0.47% | 16,787 | $1.3M | Reduce -27.2% |
| SJM The JM Smucker Co. filed as SMUCKER J M CO | 0.47% | 11,420 | $1.3M | Reduce -19.0% |
| PDBC Invesco Optimum Yield Divers | 0.46% | 94,126 | $1.2M | Add +3.1% |
| SPGI S&P Global Inc. | 0.44% | 2,379 | $1.2M | Add +0.2% |
| FOX Fox Corp. Class B | 0.44% | 25,543 | $1.2M | New |
| NOW ServiceNow Inc. | 0.42% | 1,067 | $1.1M | Add +26.0% |
| ADBE Adobe Inc. | 0.38% | 2,268 | $1.0M | New |
| PALC Pacer Lunt LRG Cap Multi-Fac | 0.37% | 20,209 | $995K | Add +10.8% |
| ETN Eaton Corp. PLC | 0.36% | 2,876 | $955K | Add +0.2% |
| EFA iShares MSCI Eafe ETF | 0.35% | 12,497 | $945K | Add +1.1% |
| CAT Caterpillar Inc. | 0.35% | 2,554 | $926K | Reduce -0.1% |
| MNDY Monday.com Ltd. | 0.32% | 3,670 | $864K | Add +45.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.32% | 10,536 | $864K | Add +43.8% |
| IYW iShares Ustechnology ETF | 0.31% | 5,200 | $830K | No change |
| ABT Abbott Laboratories | 0.30% | 7,149 | $809K | Reduce -0.8% |
| AMAT Applied Materials Inc. | 0.29% | 4,835 | $786K | Reduce -0.8% |
| JMOM JPMorgan US Momentum Factor | 0.27% | 12,373 | $721K | Add +9.6% |
| AMT American Tower Corp. | 0.26% | 3,812 | $699K | Add +2.6% |
| HON Honeywell International Inc. | 0.25% | 2,999 | $677K | Reduce -33.3% |
| HD Home Depot Inc. | 0.25% | 1,730 | $673K | Add +0.5% |
| XLY SS Consumer Disc Select Sect | 0.25% | 2,975 | $667K | New |
| PMAY Innovator U.S. Equity Power | 0.25% | 18,354 | $659K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.25% | 2,272 | $659K | Add +0.3% |
| IBIT iShares Bitcoin Trust ETF | 0.25% | 12,397 | $658K | New |
| WGS Genedx Holdings Corp. | 0.24% | 8,303 | $638K | Add +22.8% |
| APH Amphenol Corp. Class A | 0.23% | 9,026 | $627K | Add +0.3% |
| BX Blackstone Inc. | 0.22% | 3,445 | $594K | Add +0.5% |
| XLP SS Consumer Staples Sel Sect | 0.22% | 7,451 | $586K | New |
| MTUM iShares MSCI USA Momentum Fa | 0.22% | 2,829 | $585K | Add +0.3% |
| MLPX Global X MLP & Energy Infras | 0.21% | 9,082 | $550K | No change |
| HLT Hilton Worldwide Holdings Inc. | 0.20% | 2,134 | $528K | Add +2.0% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 6,971 | $527K | Add +13.6% |
| ACHR Archer Aviation Inc. Class A | 0.20% | 53,897 | $525K | Add +160.6% |
| TSLA Tesla Inc. | 0.19% | 1,271 | $513K | Reduce -0.9% |
| TIP iShares Tips Bond ETF | 0.19% | 4,756 | $507K | Reduce -91.3% |
| XLE SS Energy Select Sector | 0.18% | 5,775 | $495K | New |
| CI The Cigna Group | 0.18% | 1,790 | $494K | Add +0.5% |
| MNKD Mannkind Corp. | 0.18% | 75,618 | $486K | Reduce -1.6% |
| SSO Proshares Ultra S&P500 | 0.18% | 5,238 | $485K | Add +0.3% |
| EPD Enterprise Products Partners | 0.18% | 15,306 | $480K | No change |
| WCN Waste Connections Inc. | 0.18% | 2,795 | $479K | New |
| PEG Public Service Enterprise GP | 0.17% | 5,400 | $456K | Add +0.5% |
| NEE Nextera Energy Inc. | 0.17% | 6,347 | $455K | Reduce -6.9% |
| CVX Chevron Corp. | 0.17% | 3,111 | $451K | Add +0.7% |
| XOM Exxon Mobil Corp. | 0.17% | 4,174 | $449K | No change |
| MUB iShares National Muni Bond E | 0.17% | 4,155 | $443K | Reduce -2.1% |
| PAYX Paychex Inc. | 0.16% | 3,118 | $437K | Add +0.6% |
| QURE Uniqure NV | 0.16% | 24,749 | $437K | New |
| XMTR Xometry Inc. Class A | 0.16% | 10,130 | $432K | Reduce -2.6% |
| WMT Walmart Inc. | 0.16% | 4,690 | $424K | Add +1.3% |
| WDAY Workday Inc. Class A | 0.15% | 1,551 | $400K | Add +39.1% |
| VIG Vanguard Dividend Apprec ETF | 0.15% | 2,039 | $399K | Add +0.3% |
Portfolio Sells Q3 2024 → Q4 2024
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −4.92 |
| IEF iShares 7-10 Year Treasury B | Sold out | 0.00% | −3.21 |
| TIP iShares Tips Bond ETF | Reduce -91.3% | 0.19% | −2.17 |
| VGLT Vanguard Long-Term Treasury | Sold out | 0.00% | −2.15 |
| TFJL Innovator 20 YR Treas Bond 5 | Sold out | 0.00% | −1.36 |
| KO The Coca-Cola Co. | Reduce -90.4% | 0.09% | −1.08 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.69 |
| TGT Target Corp. | Sold out | 0.00% | −0.56 |
| NKE Nike Inc. Class B | Reduce -27.2% | 0.47% | −0.32 |
| JNJ Johnson & Johnson | Reduce -18.3% | 0.68% | −0.29 |
| TMO Thermo Fisher Scientific Inc. | Reduce -11.7% | 0.70% | −0.28 |
| GLD SPDR Gold Shares | Reduce -0.1% | 4.90% | −0.23 |
| SJM The JM Smucker Co. | Reduce -19.0% | 0.47% | −0.19 |
| PNI PIMCO NY Muni Inc. II FND | Sold out | 0.00% | −0.19 |
| MINT PIMCO Enhanced Short Maturit | Reduce -60.8% | 0.11% | −0.19 |
| XPMQX PIMCO Muni Income Fund III | Sold out | 0.00% | −0.19 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.15 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.14 |
| C Citigroup Inc. | Sold out | 0.00% | −0.12 |
| PFE Pfizer Inc. | Sold out | 0.00% | −0.11 |
| HON Honeywell International Inc. | Reduce -33.3% | 0.25% | −0.11 |
| MMM 3M Co. | Sold out | 0.00% | −0.10 |
| ED Consolidated Edison Inc. | Reduce -39.1% | 0.10% | −0.10 |
| PTGX Protagonist Therapeutics Inc. | Sold out | 0.00% | −0.09 |
| AMAT Applied Materials Inc. | Reduce -0.8% | 0.29% | −0.09 |
| VZ Verizon Communications Inc. | Sold out | 0.00% | −0.09 |
| F Ford Motor Co. | Sold out | 0.00% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -3.8% | 0.62% | −0.07 |
| ZURA Zura Bio Ltd. | Sold out | 0.00% | −0.06 |
| NEE Nextera Energy Inc. | Reduce -6.9% | 0.17% | −0.05 |
| EEM iShares MSCI Emerging Market | Reduce -23.9% | 0.11% | −0.05 |
| MSTB Lha Market State Tactical | Reduce -1.6% | 0.69% | −0.05 |
| CAT Caterpillar Inc. | Reduce -0.1% | 0.35% | −0.04 |
| DIS The Walt Disney Co. | Reduce -14.3% | 0.68% | −0.03 |
| PRU Prudential Financial Inc. | Reduce -12.4% | 0.15% | −0.03 |
| UPS United Parcel Service Class B | Reduce -9.0% | 0.13% | −0.03 |
| ARDX Ardelyx Inc. | Reduce -17.0% | 0.03% | −0.02 |
| OPTINOSE INC | Sold out | 0.00% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.8% | 0.30% | −0.02 |
| ERAS Erasca Inc. | Reduce -28.0% | 0.03% | −0.02 |
| MUB iShares National Muni Bond E | Reduce -2.1% | 0.17% | −0.01 |
| JOET Virtus Terranova US Qual Mom | Reduce -1.1% | 0.55% | −0.01 |
| OABI Omniab Inc. | Reduce -13.9% | 0.03% | −0.01 |
| FDX FedEx Corp. | Reduce -6.8% | 0.08% | −0.01 |
| MNKD Mannkind Corp. | Reduce -1.6% | 0.18% | −0.01 |
| VOO Vanguard S&P 500 ETF | Reduce -3.0% | 0.12% | −0.01 |
| LIVEPERSON INC | Sold out | 0.00% | −0.01 |
| SEER Seer Inc. | Reduce -11.6% | 0.09% | −0.00 |
| OEF iShares S&P 100 ETF | Reduce -0.1% | 0.71% | +0.00 |
| BAC Bank of America Corp. | Reduce -3.4% | 0.65% | +0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| JPST JPMorgan Ultra-Short Income | New | 7.79% | +7.79 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +28.3% | 11.25% | +2.31 |
| HELO JPMorgan Hedged Equity ETF | New | 1.30% | +1.30 |
| AMZN Amazon.com Inc. | Add +8.1% | 2.61% | +0.47 |
| CMCSA Comcast Corp. Class A | Add +263.1% | 0.64% | +0.44 |
| FOX Fox Corp. Class B | New | 0.44% | +0.44 |
| XLV SS Health Care Select Sector | Add +99.5% | 1.02% | +0.42 |
| ADBE Adobe Inc. | New | 0.38% | +0.38 |
| GOOGL Alphabet Inc. Class A | Add +34.5% | 1.14% | +0.37 |
| V Visa Inc. Class A | Add +7.4% | 1.85% | +0.29 |
| XLY SS Consumer Disc Select Sect | New | 0.25% | +0.25 |
| IBIT iShares Bitcoin Trust ETF | New | 0.25% | +0.25 |
| FISV Fiserv Inc. | Add +10.8% | 1.25% | +0.22 |
| XLP SS Consumer Staples Sel Sect | New | 0.22% | +0.22 |
| AAPL Apple Inc. | Add +2.2% | 4.22% | +0.22 |
| META Meta Platforms Inc. Class A | Add +76.8% | 0.51% | +0.22 |
| ETR Entergy Corp. | Add +5.1% | 1.40% | +0.20 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +38.7% | 0.48% | +0.19 |
| XLE SS Energy Select Sector | New | 0.18% | +0.18 |
| WCN Waste Connections Inc. | New | 0.18% | +0.18 |
| ACHR Archer Aviation Inc. Class A | Add +160.6% | 0.20% | +0.17 |
| QURE Uniqure NV | New | 0.16% | +0.16 |
| VLO Valero Energy Corp. | New | 0.15% | +0.15 |
| NOW ServiceNow Inc. | Add +26.0% | 0.42% | +0.13 |
| WGS Genedx Holdings Corp. | Add +22.8% | 0.24% | +0.13 |
| ORLY O'reilly Automotive Inc. | Add +17.4% | 0.85% | +0.12 |
| GM General Motors Co. | New | 0.11% | +0.11 |
| SNOW Snowflake Inc. | New | 0.11% | +0.11 |
| PLTR Palantir Technologies Inc. Class A | Add +13.6% | 0.20% | +0.11 |
| COST Costco Wholesale Corp. | Add +6.2% | 2.06% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +2.0% | 1.02% | +0.10 |
| DVAX Dynavax Technologies Corp. | New | 0.10% | +0.10 |
| CHD Church & Dwight Co. Inc. | Add +18.8% | 0.83% | +0.10 |
| CRM Salesforce Inc. | Add +7.2% | 0.49% | +0.10 |
| RDDT Reddit Inc. Class A | New | 0.10% | +0.10 |
| BE Bloom Energy Corp. Class A | New | 0.10% | +0.10 |
| FDS Factset Research Systems Inc. | Add +19.3% | 0.59% | +0.10 |
| CRDO Credo Technology Group Holdi | New | 0.10% | +0.10 |
| HGER Harbor Commodity All Weather | New | 0.10% | +0.10 |
| ESTC Elastic NV | New | 0.09% | +0.09 |
| MSCI MSCI Inc. | Add +14.6% | 0.78% | +0.09 |
| MYO Myomo Inc. | New | 0.09% | +0.09 |
| SHY iShares 1-3 Year Treasury Bo | Add +43.8% | 0.32% | +0.09 |
| BALT Inn Defined Wealth Shield | New | 0.08% | +0.08 |
| TEAM Atlassian Corp. Class A | New | 0.08% | +0.08 |
| ACN Accenture PLC Class A | Add +13.5% | 1.06% | +0.08 |
| CMRX Chimerix Inc. | New | 0.08% | +0.08 |
| OKLO Oklo Inc. | New | 0.08% | +0.08 |
| CRTO Criteo SA-Spon | New | 0.08% | +0.08 |
| ITW Illinois Tool Works | Add +13.4% | 1.52% | +0.08 |
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 |