Palumbo Wealth Management LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 15, 2025), Palumbo Wealth Management LLC reported 197 stock positions worth $322.9 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 8.6% of the portfolio, followed by JPMorgan Ultra-Short Income (JPST, 6.1%) and SPDR Gold Shares (GLD, 5.0%). Compared with Q1 2025, it opened 25 new positions, sold out of 15, added to 92 and reduced 73. The biggest buy was Amazon.com (AMZN, shares +31%) and the biggest sale an exit from Unitedhealth (UNH).
- Most Recent 13F
- Q2 2026
- Location
- GREAT NECK, NY
- CIK
- 0001846310
- Portfolio Value
- $322.9M (Q2 2025)
- SEC Filing
- 0001951757-25-000827 ↗ filed Jul 15, 2025
Holdings Value
Holdings 197 stocks · $322.9M
| SPY SS SPDR S&P 500 ETF Trust-US | 8.65% | 45,185 | $27.9M | Add +0.6% |
| JPST JPMorgan Ultra-Short Income | 6.10% | 388,328 | $19.7M | Reduce -0.4% |
| GLD SPDR Gold Shares | 4.96% | 52,561 | $16.0M | Reduce -2.4% |
| AAPL Apple Inc. | 3.61% | 56,798 | $11.7M | Add +8.3% |
| DBC Invesco DB Commodity Index T | 3.18% | 470,474 | $10.3M | Reduce -2.7% |
| AMZN Amazon.com Inc. | 3.17% | 46,647 | $10.2M | Add +31.1% |
| MSFT Microsoft Corp. | 3.09% | 20,081 | $10.0M | Add +0.3% |
| WM Waste Management Inc. | 2.63% | 37,118 | $8.5M | Reduce -0.6% |
| NVDA Nvidia Corp. | 2.41% | 49,300 | $7.8M | Add +18.6% |
| COST Costco Wholesale Corp. | 2.12% | 6,924 | $6.9M | Reduce -1.0% |
| QQQ Invesco QQQ Trust Series 1 | 1.92% | 11,213 | $6.2M | Add +3.2% |
| V Visa Inc. Class A | 1.91% | 17,369 | $6.2M | Reduce -1.7% |
| PHYS Sprott Physical Gold Trust | 1.82% | 232,141 | $5.9M | Reduce -16.2% |
| HELO JPMorgan Hedged Equity ETF | 1.63% | 83,999 | $5.3M | Add +9.8% |
| ITW Illinois Tool Works | 1.54% | 20,065 | $5.0M | Add +1.5% |
| DGX Quest Diagnostics Inc. | 1.43% | 25,617 | $4.6M | Reduce -0.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.32% | 8,766 | $4.3M | Reduce -15.1% |
| ETR Entergy Corp. | 1.26% | 48,942 | $4.1M | Reduce -1.9% |
| GOOGL Alphabet Inc. Class A | 1.19% | 21,728 | $3.8M | Add +3.9% |
| JPM JPMorgan Chase & Co. | 1.08% | 11,998 | $3.5M | Add +3.3% |
| MCD McDonald's Corp. | 1.07% | 11,804 | $3.4M | Add +1.6% |
| XLRE SS Real Estate Select Sector | 1.05% | 81,941 | $3.4M | Reduce -4.1% |
| FISV Fiserv Inc. | 1.01% | 18,896 | $3.3M | Reduce -0.3% |
| ORLY O'reilly Automotive Inc. | 1.01% | 36,007 | $3.2M | Add +1.4% |
| ACN Accenture PLC Class A | 0.99% | 10,731 | $3.2M | Add +2.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.95% | 10,441 | $3.1M | Add +0.1% |
| SHW The Sherwin-Williams Co. | 0.93% | 8,779 | $3.0M | Add +1.0% |
| IBIT iShares Bitcoin Trust ETF | 0.92% | 48,770 | $3.0M | Add +131.1% |
| TSCO Tractor Supply Company | 0.89% | 54,489 | $2.9M | Add +1.8% |
| JNJ Johnson & Johnson | 0.86% | 18,253 | $2.8M | Add +3.0% |
| META Meta Platforms Inc. Class A | 0.82% | 3,587 | $2.6M | Add +7.2% |
| XLV SS Health Care Select Sector | 0.82% | 19,547 | $2.6M | Reduce -1.0% |
| MSCI MSCI Inc. | 0.78% | 4,384 | $2.5M | Add +2.9% |
| CHD Church & Dwight Co. Inc. | 0.78% | 26,216 | $2.5M | Reduce -4.5% |
| MINT PIMCO Enhanced Short Maturit | 0.77% | 24,700 | $2.5M | Add +5.5% |
| CMCSA Comcast Corp. Class A | 0.76% | 68,823 | $2.5M | Add +4.6% |
| XHB SS SPDR S&P Homebldrs ETF | 0.76% | 24,900 | $2.5M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.74% | 50,680 | $2.4M | Add +7.3% |
| GOOG Alphabet Inc. Class C | 0.69% | 12,501 | $2.2M | Add +3.0% |
| TMO Thermo Fisher Scientific Inc. | 0.67% | 5,363 | $2.2M | Add +6.1% |
| OEF iShares S&P 100 ETF | 0.64% | 6,746 | $2.1M | Add +1.9% |
| FDS Factset Research Systems Inc. | 0.62% | 4,473 | $2.0M | Reduce -3.1% |
| MSTB Lha Market State Tactical | 0.60% | 52,215 | $1.9M | Reduce -3.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.59% | 15,300 | $1.9M | Reduce -2.6% |
| NPCE Neuropace Inc. | 0.59% | 169,890 | $1.9M | Add +268.4% |
| SHY iShares 1-3 Year Treasury Bo | 0.54% | 20,851 | $1.7M | Reduce -25.7% |
| PG The Procter & Gamble Co. | 0.50% | 10,037 | $1.6M | Reduce -7.0% |
| OXY Occidental Petroleum Corp. | 0.49% | 38,016 | $1.6M | Reduce -0.3% |
| MNDY Monday.com Ltd. | 0.47% | 4,827 | $1.5M | Reduce -0.8% |
| CRM Salesforce Inc. | 0.46% | 5,474 | $1.5M | Add +4.7% |
| WCN Waste Connections Inc. | 0.46% | 7,957 | $1.5M | Add +133.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.45% | 2,847 | $1.5M | Add +8.6% |
| JOET Virtus Terranova US Qual Mom | 0.45% | 35,231 | $1.4M | Reduce -3.0% |
| AMD Advanced Micro Devices | 0.44% | 9,934 | $1.4M | New |
| ADBE Adobe Inc. | 0.42% | 3,535 | $1.4M | Reduce -7.3% |
| BALT Inn Defined Wealth Shield | 0.42% | 42,462 | $1.4M | Add +44.3% |
| SPGI S&P Global Inc. | 0.41% | 2,481 | $1.3M | Reduce -3.7% |
| FOX Fox Corp. Class B | 0.39% | 24,329 | $1.3M | Reduce -3.9% |
| LMT Lockheed Martin Corp. | 0.39% | 2,705 | $1.3M | Add +300.1% |
| PDBC Invesco Optimum Yield Divers | 0.38% | 94,126 | $1.2M | No change |
| ETN Eaton Corp. PLC | 0.35% | 3,206 | $1.1M | Add +1.4% |
| EFA iShares MSCI Eafe ETF | 0.35% | 12,676 | $1.1M | Add +1.4% |
| NKE Nike Inc. Class B | 0.33% | 14,777 | $1.0M | Reduce -11.4% |
| PALC Pacer Lunt LRG Cap Multi-Fac | 0.32% | 21,035 | $1.0M | Add +2.9% |
| CAT Caterpillar Inc. | 0.31% | 2,617 | $1.0M | Add +0.1% |
| JMOM JPMorgan US Momentum Factor | 0.30% | 15,279 | $982K | Add +16.9% |
| ABT Abbott Laboratories | 0.30% | 7,164 | $974K | Reduce -3.8% |
| HLT Hilton Worldwide Holdings Inc. | 0.29% | 3,563 | $949K | Add +3.4% |
| IYW iShares Ustechnology ETF | 0.28% | 5,200 | $901K | No change |
| APH Amphenol Corp. Class A | 0.28% | 9,096 | $898K | Add +0.5% |
| ACHR Archer Aviation Inc. Class A | 0.27% | 81,757 | $887K | Reduce -0.9% |
| AMAT Applied Materials Inc. | 0.27% | 4,704 | $861K | Add +3.6% |
| AMT American Tower Corp. | 0.26% | 3,812 | $843K | Reduce -16.8% |
| LLY Eli Lilly & Co. | 0.24% | 993 | $774K | Add +99.8% |
| HON Honeywell International Inc. | 0.23% | 3,184 | $742K | Add +4.3% |
| NOW ServiceNow Inc. | 0.23% | 708 | $728K | Add +1.9% |
| PMAY Innovator U.S. Equity Power | 0.21% | 18,354 | $694K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.21% | 2,280 | $693K | Reduce -1.5% |
| OKLO Oklo Inc. | 0.21% | 12,210 | $684K | Add +0.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.21% | 2,840 | $682K | Add +0.2% |
| HD Home Depot Inc. | 0.21% | 1,836 | $673K | Add +4.6% |
| PLTR Palantir Technologies Inc. Class A | 0.21% | 4,876 | $665K | Reduce -1.0% |
| SSO Proshares Ultra S&P500 | 0.20% | 6,525 | $638K | Add +11.9% |
| NET Cloudflare Inc. Class A | 0.19% | 3,193 | $625K | Reduce -2.2% |
| CI The Cigna Group | 0.19% | 1,884 | $623K | Add +0.4% |
| NKTR Nektar Therapeutics | 0.19% | 23,772 | $614K | New |
| XLY SS Consumer Disc Select Sect | 0.19% | 2,818 | $613K | Reduce -1.4% |
| WMT Walmart Inc. | 0.19% | 6,224 | $609K | Add +8.7% |
| NFLX Netflix Inc. | 0.19% | 447 | $599K | Add +2.8% |
| SIBN Si-Bone Inc. | 0.18% | 30,649 | $577K | New |
| XLP SS Consumer Staples Sel Sect | 0.18% | 7,081 | $573K | Reduce -2.3% |
| MLPX Global X MLP & Energy Infras | 0.18% | 9,082 | $569K | No change |
| GFL GFL Environmental Inc.-Sub VT | 0.17% | 10,983 | $553K | New |
| AVGO Broadcom Inc. | 0.17% | 2,006 | $553K | New |
| BX Blackstone Inc. | 0.17% | 3,633 | $543K | Reduce -2.0% |
| NTNX Nutanix Inc. Class A | 0.17% | 7,051 | $539K | Reduce -0.9% |
| SNOW Snowflake Inc. | 0.17% | 2,386 | $534K | Reduce -0.8% |
| SDGR Schrodinger Inc. | 0.17% | 26,518 | $534K | Add +51.6% |
| XOM Exxon Mobil Corp. | 0.16% | 4,731 | $510K | Reduce -16.5% |
| VOO Vanguard S&P 500 ETF | 0.15% | 881 | $500K | Add +51.9% |
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Sold out | 0.00% | −1.24 |
| SJM The JM Smucker Co. | Sold out | 0.00% | −0.76 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -15.1% | 1.32% | −0.52 |
| JPST JPMorgan Ultra-Short Income | Reduce -0.4% | 6.10% | −0.51 |
| DBC Invesco DB Commodity Index T | Reduce -2.7% | 3.18% | −0.46 |
| PHYS Sprott Physical Gold Trust | Reduce -16.2% | 1.82% | −0.41 |
| FISV Fiserv Inc. | Reduce -0.3% | 1.01% | −0.39 |
| WM Waste Management Inc. | Reduce -0.6% | 2.63% | −0.26 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -25.7% | 0.54% | −0.24 |
| CHD Church & Dwight Co. Inc. | Reduce -4.5% | 0.78% | −0.23 |
| GLD SPDR Gold Shares | Reduce -2.4% | 4.96% | −0.22 |
| CMRX Chimerix Inc. | Sold out | 0.00% | −0.17 |
| ETR Entergy Corp. | Reduce -1.9% | 1.26% | −0.17 |
| V Visa Inc. Class A | Reduce -1.7% | 1.91% | −0.16 |
| TIP iShares Tips Bond ETF | Sold out | 0.00% | −0.16 |
| XLV SS Health Care Select Sector | Reduce -1.0% | 0.82% | −0.15 |
| XLRE SS Real Estate Select Sector | Reduce -4.1% | 1.05% | −0.14 |
| OXY Occidental Petroleum Corp. | Reduce -0.3% | 0.49% | −0.13 |
| PSLV Sprott Physical Silver Trust | Sold out | 0.00% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -7.0% | 0.50% | −0.12 |
| CRMD Cormedix Inc. | Sold out | 0.00% | −0.10 |
| DVAX Dynavax Technologies Corp. | Reduce -53.5% | 0.05% | −0.09 |
| QURE Uniqure NV | Sold out | 0.00% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 2.12% | −0.09 |
| MYO Myomo Inc. | Sold out | 0.00% | −0.09 |
| HGER Harbor Commodity All Weather | Sold out | 0.00% | −0.08 |
| FDS Factset Research Systems Inc. | Reduce -3.1% | 0.62% | −0.08 |
| AMT American Tower Corp. | Reduce -16.8% | 0.26% | −0.07 |
| TMCI Treace Medical Concepts Inc. | Sold out | 0.00% | −0.07 |
| TSLA Tesla Inc. | Reduce -41.2% | 0.14% | −0.07 |
| ZLAB Zai Lab Ltd.-ADR | Sold out | 0.00% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -16.5% | 0.16% | −0.07 |
| ADBE Adobe Inc. | Reduce -7.3% | 0.42% | −0.07 |
| CVX Chevron Corp. | Reduce -9.6% | 0.15% | −0.06 |
| FOX Fox Corp. Class B | Reduce -3.9% | 0.39% | −0.06 |
| ARDX Ardelyx Inc. | Sold out | 0.00% | −0.05 |
| MUB iShares National Muni Bond E | Reduce -23.2% | 0.11% | −0.05 |
| ASSERTIO HOLDINGS INC | Sold out | 0.00% | −0.04 |
| DGX Quest Diagnostics Inc. | Reduce -0.9% | 1.43% | −0.04 |
| SPGI S&P Global Inc. | Reduce -3.7% | 0.41% | −0.03 |
| AMGN Amgen Inc. | Reduce -4.1% | 0.12% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -21.6% | 0.10% | −0.03 |
| XLE SS Energy Select Sector | Reduce -2.2% | 0.15% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -10.7% | 0.13% | −0.03 |
| NKE Nike Inc. Class B | Reduce -11.4% | 0.33% | −0.03 |
| ABT Abbott Laboratories | Reduce -3.8% | 0.30% | −0.03 |
| MDXG Mimedx Group Inc. | Reduce -22.4% | 0.03% | −0.03 |
| VERV Verve Therapeutics Inc. | Sold out | 0.00% | −0.02 |
| PLD Prologis Inc. | Reduce -15.7% | 0.06% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -27.9% | 0.08% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| AMZN Amazon.com Inc. | Add +31.1% | 3.17% | +0.91 |
| NVDA Nvidia Corp. | Add +18.6% | 2.41% | +0.91 |
| IBIT iShares Bitcoin Trust ETF | Add +131.1% | 0.92% | +0.59 |
| MSFT Microsoft Corp. | Add +0.3% | 3.09% | +0.58 |
| AMD Advanced Micro Devices | New | 0.44% | +0.44 |
| NPCE Neuropace Inc. | Add +268.4% | 0.59% | +0.40 |
| LMT Lockheed Martin Corp. | Add +300.1% | 0.39% | +0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.6% | 8.65% | +0.24 |
| WCN Waste Connections Inc. | Add +133.1% | 0.46% | +0.24 |
| QQQ Invesco QQQ Trust Series 1 | Add +3.2% | 1.92% | +0.21 |
| NKTR Nektar Therapeutics | New | 0.19% | +0.19 |
| SIBN Si-Bone Inc. | New | 0.18% | +0.18 |
| META Meta Platforms Inc. Class A | Add +7.2% | 0.82% | +0.18 |
| GFL GFL Environmental Inc.-Sub VT | New | 0.17% | +0.17 |
| AVGO Broadcom Inc. | New | 0.17% | +0.17 |
| ARVN Arvinas Inc. | New | 0.15% | +0.15 |
| ORIC Oric Pharmaceuticals Inc. | New | 0.15% | +0.15 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +8.6% | 0.45% | +0.14 |
| RECS Columbia Resear Enh Cor ETF | New | 0.14% | +0.14 |
| BBNX Beta Bionics Inc. | New | 0.13% | +0.13 |
| PTGX Protagonist Therapeutics Inc. | New | 0.13% | +0.13 |
| JPM JPMorgan Chase & Co. | Add +3.3% | 1.08% | +0.12 |
| OKLO Oklo Inc. | Add +0.4% | 0.21% | +0.12 |
| BALT Inn Defined Wealth Shield | Add +44.3% | 0.42% | +0.11 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 1.19% | +0.10 |
| LLY Eli Lilly & Co. | Add +99.8% | 0.24% | +0.10 |
| HELO JPMorgan Hedged Equity ETF | Add +9.8% | 1.63% | +0.10 |
| SGHT Sight Sciences Inc. | New | 0.10% | +0.10 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.95% | +0.09 |
| BAC Bank of America Corp. | Add +7.3% | 0.74% | +0.08 |
| AKRO Akero Therapeutics Inc. | New | 0.08% | +0.08 |
| APH Amphenol Corp. Class A | Add +0.5% | 0.28% | +0.08 |
| UBER Uber Technologies Inc. | New | 0.08% | +0.08 |
| PRME Prime Medicine Inc. | Add +92.1% | 0.14% | +0.08 |
| ADP Automatic Data Processing | New | 0.08% | +0.08 |
| DAL Delta Air Lines Inc. | New | 0.07% | +0.07 |
| INTU Intuit Inc. | New | 0.07% | +0.07 |
| DDOG Datadog Inc. Class A | New | 0.07% | +0.07 |
| GEV GE Vernova Inc. | New | 0.07% | +0.07 |
| LXEO Lexeo Therapeutics Inc. | New | 0.07% | +0.07 |
| TJX TJX Companies Inc. | New | 0.07% | +0.07 |
| SANA Sana Biotechnology Inc. | New | 0.07% | +0.07 |
| ETN Eaton Corp. PLC | Add +1.4% | 0.35% | +0.07 |
| AGG iShares Core U.S. Aggregate | New | 0.07% | +0.07 |
| SMH Vaneck Semiconductor ETF | New | 0.07% | +0.07 |
| UFOX Defiance Space and Connectiv | New | 0.07% | +0.07 |
| TWLO Twilio Inc. Class A | New | 0.06% | +0.06 |
| JMOM JPMorgan US Momentum Factor | Add +16.9% | 0.30% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +51.9% | 0.15% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +3.0% | 0.69% | +0.05 |
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 |