Paulson Wealth Management Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), Paulson Wealth Management Inc. reported 136 stock positions worth $423.0 million. Its top holding was iShares Russell 1000 Growth (IWF) at 15.7% of the portfolio, followed by iShares Russell 1000 Value E (IWD, 13.5%) and iShares MSCI Eafe ETF (EFA, 8.2%). Compared with Q2 2025, it opened 3 new positions, sold out of 9, added to 44 and reduced 61. The biggest buy was a new position in iShares Preferred & Income S (PFF) and the biggest sale an exit from American Century Qual Pref (QPFF).

Most Recent 13F
Q2 2026
Location
West Palm Beach, FL
CIK
0001731878
Portfolio Value
$423.0M (Q3 2025)
SEC Filing
0001172661-25-004553 ↗ filed Nov 3, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $340.1M Q1 2024 Q2 2024: $342.7M Q2 2024 Q3 2024: $373.8M Q3 2024 Q4 2024: $366.5M Q4 2024 Q1 2025: $355.2M Q1 2025 Q2 2025: $386.2M Q2 2025 Q3 2025: $423.0M $423.0M Q3 2025 Q4 2025: $432.9M Q4 2025 Q1 2026: $426.7M Q1 2026 Q2 2026: $471.4M Q2 2026

Holdings 136 stocks · $423.0M
IWF iShares Russell 1000 Growth 15.67% 141,547 $66.3M Reduce -0.2%
IWD iShares Russell 1000 Value E 13.54% 281,329 $57.3M Add +0.1%
EFA iShares MSCI Eafe ETF 8.21% 371,886 $34.7M Add +0.1%
IWM iShares Russell 2000 ETF 7.97% 139,295 $33.7M Add +0.7%
AAPL Apple Inc. 5.84% 97,097 $24.7M Reduce -4.7%
VCSH Vanguard S/T Corp. Bond ETF 4.09% 216,247 $17.3M Add +9.1%
CWB SS SPDR BB Conv Sec ETF 3.46% 161,948 $14.7M Add +12.8%
SPY SS SPDR S&P 500 ETF Trust-US 3.05% 19,337 $12.9M Add +0.1%
NBSD Neuberger Short Duration Inc. 2.65% 218,927 $11.2M Add +9.8%
IEI iShares 3-7 Year Treasury Bo 2.53% 89,484 $10.7M Add +9.7%
VEA Vanguard Ftse Developed ETF 2.46% 173,576 $10.4M Add +7.2%
MDY State Street SPDR S&P Midcap 1.50% 10,635 $6.3M Add +25.3%
SPSM SS SPDR P S&P 600 Small Cap 1.33% 121,445 $5.6M Add +13.5%
PFF iShares Preferred & Income S 1.24% 165,499 $5.2M New
INMU iShares Intermediate Muni Inc. 1.16% 204,724 $4.9M Add +36.1%
SCHX Schwab US Large-Cap ETF 1.10% 176,470 $4.6M Reduce -6.0%
QQQ Invesco QQQ Trust Series 1 1.06% 7,456 $4.5M Reduce -14.5%
IVV iShares Core S&P 500 ETF 0.95% 6,027 $4.0M Reduce -0.3%
MUNI PIMCO Intermediate Municipal 0.81% 65,590 $3.4M Add +74.8%
MINO PIMCO Municipal Income Oppor 0.74% 68,781 $3.1M Add +3.4%
MSFT Microsoft Corp. 0.74% 6,012 $3.1M Reduce -2.2%
JPM JPMorgan Chase & Co. 0.63% 8,446 $2.7M Reduce -1.1%
LAZ Lazard Inc. 0.61% 48,762 $2.6M No change
RSP Invesco S&P 500 Equal Weight 0.57% 12,700 $2.4M Add +148.7%
BIL SS SPDR BB 1-3M T-Bill ETF 0.55% 25,459 $2.3M Reduce -3.1%
SHM SS SPDR N Ice St Muni ETF 0.49% 43,426 $2.1M Reduce -5.2%
GOOGL Alphabet Inc. Class A 0.46% 7,925 $1.9M Add +2.6%
VTI VG Morningstar TS MKT ETF-US 0.41% 5,336 $1.8M Reduce -0.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.41% 3,766 $1.7M Reduce -2.8%
AVGO Broadcom Inc. 0.41% 5,269 $1.7M Reduce -17.4%
GOOG Alphabet Inc. Class C 0.41% 7,086 $1.7M No change
NVDA Nvidia Corp. 0.39% 8,827 $1.6M Add +1.3%
VB Vanguard Most SM-Cap ETF-Usd 0.36% 6,034 $1.5M Reduce -3.4%
JNJ Johnson & Johnson 0.32% 7,397 $1.4M Reduce -1.4%
COST Costco Wholesale Corp. 0.32% 1,458 $1.3M Add +0.1%
BSMR Invesco Bulletshares 2027 MB 0.32% 56,937 $1.3M Add +37.3%
V Visa Inc. Class A 0.31% 3,900 $1.3M Reduce -4.0%
BSMQ Invesco Bulletshares 2026 MB 0.31% 55,210 $1.3M Add +37.7%
ABBV Abbvie Inc. 0.30% 5,529 $1.3M Reduce -6.0%
BSMP Invesco Bulletshares 2025 MB 0.30% 51,825 $1.3M Add +25.7%
HD Home Depot Inc. 0.29% 3,056 $1.2M Reduce -5.8%
SPTM SS SPDR P S&P 1500 Comp ETF 0.29% 15,162 $1.2M Reduce -0.3%
IWV iShares Russell 3000 ETF 0.27% 2,982 $1.1M No change
TXN Texas Instruments Inc. 0.27% 6,121 $1.1M Reduce -4.4%
SCHA Schwab US Small-Cap ETF 0.26% 39,887 $1.1M Reduce -7.5%
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd 0.26% 10,924 $1.1M Add +126.3%
LOW Lowe's Cos Inc. 0.26% 4,408 $1.1M Reduce -2.4%
AMZN Amazon.com Inc. 0.25% 4,760 $1.0M Add +2.4%
CSCO Cisco Systems Inc. 0.22% 13,501 $924K Reduce -0.6%
BSMS Invesco Bulletshares 2028 MB 0.21% 38,440 $900K Add +46.1%
SCHD Schwab US DVD Equity ETF 0.21% 32,861 $897K Reduce -3.3%
UNH Unitedhealth Group Inc. 0.20% 2,504 $865K Reduce -7.6%
AMGN Amgen Inc. 0.20% 3,058 $863K Add +2.6%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.20% 4,084 $852K Reduce -8.9%
CAT Caterpillar Inc. 0.20% 1,783 $851K Reduce -0.6%
LLY Eli Lilly & Co. 0.20% 1,103 $842K Reduce -2.0%
MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E 0.19% 34,591 $824K Add +29.3%
XOM Exxon Mobil Corp. 0.19% 7,296 $823K Reduce -3.2%
MRK Merck & Co. Inc. 0.19% 9,725 $816K Reduce -9.0%
QCOM Qualcomm Inc. 0.19% 4,717 $785K Reduce -5.0%
QUAL iShares MSCI USA Quality Fac 0.18% 3,965 $771K Reduce -6.1%
PG The Procter & Gamble Co. 0.18% 4,971 $764K Reduce -7.8%
WMT Walmart Inc. 0.17% 7,082 $730K Reduce -5.1%
BSMT Invesco Bulletshares 2029 MB 0.17% 30,237 $698K Add +71.3%
META Meta Platforms Inc. Class A 0.16% 938 $689K Add +0.3%
OEF iShares S&P 100 ETF 0.16% 2,000 $666K Reduce -8.6%
MUB iShares National Muni Bond E 0.15% 6,061 $645K Reduce -8.9%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.15% 2,161 $635K Reduce -0.2%
ORCL Oracle Corp. 0.15% 2,254 $634K Reduce -20.8%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 1,231 $619K Add +8.8%
ESGD iShares Trust iShares ESG Aw 0.15% 6,622 $616K Add +3.8%
LMT Lockheed Martin Corp. 0.14% 1,202 $600K Reduce -12.5%
GPI Group 1 Automotive Inc. 0.14% 1,363 $596K No change
MA Mastercard Inc. Class A 0.14% 1,025 $583K Add +0.5%
MCD McDonald's Corp. 0.14% 1,915 $582K Reduce -2.0%
SPGI S&P Global Inc. 0.13% 1,172 $570K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.13% 1,937 $569K Reduce -33.2%
NULG Nuveen ESG LRG-Cap GRW ETF 0.13% 5,701 $567K Add +10.1%
VTHR Vanguard Russell 3000 0.13% 1,900 $559K No change
JBL Jabil Inc. 0.13% 2,554 $555K Add +30.7%
IUSG iShares Core S&P U.S. Growth 0.13% 3,221 $530K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.12% 4,544 $520K Reduce -1.4%
CI The Cigna Group 0.12% 1,796 $518K No change
CRWD CrowdStrike Holdings Inc. Class A 0.12% 1,050 $515K Add +4.2%
NULV Nuveen ESG Large-Cap Val ETF 0.12% 11,689 $512K Add +9.8%
CVX Chevron Corp. 0.11% 3,122 $485K Reduce -5.8%
ADP Automatic Data Processing 0.11% 1,635 $480K No change
IWN iShares Russell 2000 Value E 0.11% 2,714 $480K No change
EME Emcor Group Inc. 0.11% 726 $472K No change
GILD Gilead Sciences Inc. 0.10% 3,820 $424K Add +17.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 1,488 $420K Reduce -6.6%
USB US Bancorp 0.10% 8,607 $416K Reduce -8.2%
MINT PIMCO Enhanced Short Maturit 0.10% 4,113 $414K Add +13.0%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.10% 2,335 $408K Reduce -6.5%
XLK SS Technology Select Sector 0.10% 1,442 $406K Reduce -11.6%
KO The Coca-Cola Co. 0.10% 6,082 $403K Reduce -10.2%
SANM Sanmina Corp. 0.10% 3,494 $402K No change
PEP Pepsico Inc. 0.09% 2,785 $391K Reduce -16.2%
IVW iShares S&P 500 Growth ETF 0.09% 3,200 $386K No change
WSM Williams-Sonoma Inc. 0.08% 1,802 $352K No change
EMR Emerson Electric Co. 0.08% 2,684 $352K Reduce -6.6%
MMM 3M Co. 0.08% 2,267 $352K Reduce -7.5%
VIG Vanguard Dividend Apprec ETF 0.08% 1,621 $350K No change
SCHM Schwab US Mid Cap ETF 0.08% 11,769 $349K Reduce -10.9%
VZ Verizon Communications Inc. 0.08% 7,801 $343K Reduce -2.1%
SNX TD Synnex Corp. 0.08% 2,047 $335K No change
WTFC Wintrust Financial Corp. 0.08% 2,454 $325K No change
ABT Abbott Laboratories 0.08% 2,422 $324K Add +21.2%
RS Reliance Inc. 0.07% 1,127 $316K Add +0.8%
UNM Unum Group 0.07% 3,980 $310K No change
VOO Vanguard S&P 500 ETF 0.07% 498 $305K Reduce -10.8%
TMHC Taylor Morrison Home Corp. 0.07% 4,573 $302K No change
RGA Reinsurance Group of America 0.07% 1,569 $301K No change
C Citigroup Inc. 0.07% 2,967 $301K Add +17.2%
DBX Dropbox Inc. Class A 0.07% 9,909 $299K No change
SCHB Schwab US Broad Market ETF 0.07% 11,357 $292K Reduce -0.7%
T AT&T Inc. 0.07% 10,225 $289K Reduce -19.1%
GNW Genworth Financial Inc. 0.07% 31,712 $282K No change
DKS Dick's Sporting Goods Inc. 0.06% 1,224 $272K Add +2.9%
ESIX SS SPDR S&P 600 SC ESG ETF 0.06% 8,400 $263K Add +17.0%
ORI Old Republic Intl Corp. 0.06% 6,088 $259K No change
BND Vanguard Total Bond Market 0.06% 3,394 $252K Reduce -8.1%
CACI Caci International Inc. Class A 0.06% 503 $251K Add +1.0%
CMC Commercial Metals Co. 0.06% 4,349 $249K Reduce -7.0%
AVT Avnet Inc. 0.06% 4,753 $248K Reduce -17.6%
ABG Asbury Automotive Group 0.06% 986 $241K New
GS Goldman Sachs Group Inc. 0.06% 301 $240K Add +3.8%
F Ford Motor Co. filed as FORD MTR CO 0.06% 19,917 $238K No change
RDN Radian Group Inc. 0.05% 6,369 $231K No change
CL Colgate-Palmolive Co. 0.05% 2,796 $224K No change
XPO Xpo Inc. 0.05% 1,652 $214K Reduce -3.7%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.05% 2,043 $210K New
MTH Meritage Homes Corp. 0.05% 2,882 $209K Reduce -4.8%
MAR Marriott International Class A 0.05% 796 $207K No change
LIN Linde PLC 0.05% 428 $203K No change
CMCSA Comcast Corp. Class A 0.05% 6,379 $200K Reduce -19.6%

Portfolio Sells Q2 2025 → Q3 2025
QPFF American Century Qual Pref Sold out 0.00% −1.20
QQQ Invesco QQQ Trust Series 1 Reduce -14.5% 1.06% −0.19
PRF Invesco Rafi US 1000 ETF Sold out 0.00% −0.18
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.12
SCHX Schwab US Large-Cap ETF Reduce -6.0% 1.10% −0.09
NEE Nextera Energy Inc. Sold out 0.00% −0.08
VOT Vngrd Mrngstr MC GRW ETF-Usd Reduce -33.2% 0.13% −0.08
TXN Texas Instruments Inc. Reduce -4.4% 0.27% −0.08
PFFV Global X Variable Rate Pref Sold out 0.00% −0.08
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.07
SHM SS SPDR N Ice St Muni ETF Reduce -5.2% 0.49% −0.07
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -3.1% 0.55% −0.07
COOP Mr Cooper Group Inc. Sold out 0.00% −0.07
SCHF Schwab Intl Equity ETF Sold out 0.00% −0.06
V Visa Inc. Class A Reduce -4.0% 0.31% −0.06
MSFT Microsoft Corp. Reduce -2.2% 0.74% −0.06
PRU Prudential Financial Inc. Sold out 0.00% −0.05
AVGO Broadcom Inc. Reduce -17.4% 0.41% −0.04
PG The Procter & Gamble Co. Reduce -7.8% 0.18% −0.04
DIA SS SPDR Dow Jones Indus Avg Reduce -2.8% 0.41% −0.03
KO The Coca-Cola Co. Reduce -10.2% 0.10% −0.03
LLY Eli Lilly & Co. Reduce -2.0% 0.20% −0.03
MUB iShares National Muni Bond E Reduce -8.9% 0.15% −0.03
T AT&T Inc. Reduce -19.1% 0.07% −0.03
MRK Merck & Co. Inc. Reduce -9.0% 0.19% −0.03
CMCSA Comcast Corp. Class A Reduce -19.6% 0.05% −0.03
CSCO Cisco Systems Inc. Reduce -0.6% 0.22% −0.03
DIS The Walt Disney Co. Reduce -1.4% 0.12% −0.03
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -8.9% 0.20% −0.02
LMT Lockheed Martin Corp. Reduce -12.5% 0.14% −0.02
IBM Intl Business Machines Corp. Reduce -6.6% 0.10% −0.02
PEP Pepsico Inc. Reduce -16.2% 0.09% −0.02
SCHD Schwab US DVD Equity ETF Reduce -3.3% 0.21% −0.02
AVT Avnet Inc. Reduce -17.6% 0.06% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -3.4% 0.36% −0.02
QCOM Qualcomm Inc. Reduce -5.0% 0.19% −0.02
SCHA Schwab US Small-Cap ETF Reduce -7.5% 0.26% −0.02
IVV iShares Core S&P 500 ETF Reduce -0.3% 0.95% −0.02
QUAL iShares MSCI USA Quality Fac Reduce -6.1% 0.18% −0.02
WMT Walmart Inc. Reduce -5.1% 0.17% −0.02
EMR Emerson Electric Co. Reduce -6.6% 0.08% −0.02
XOM Exxon Mobil Corp. Reduce -3.2% 0.19% −0.02
HD Home Depot Inc. Reduce -5.8% 0.29% −0.02
OEF iShares S&P 100 ETF Reduce -8.6% 0.16% −0.01
UNH Unitedhealth Group Inc. Reduce -7.6% 0.20% −0.01
SCHM Schwab US Mid Cap ETF Reduce -10.9% 0.08% −0.01
MMM 3M Co. Reduce -7.5% 0.08% −0.01
JPM JPMorgan Chase & Co. Reduce -1.1% 0.63% −0.01
USB US Bancorp Reduce -8.2% 0.10% −0.01
ORCL Oracle Corp. Reduce -20.8% 0.15% −0.01

Portfolio Buys Q2 2025 → Q3 2025
PFF iShares Preferred & Income S New 1.24% +1.24
CWB SS SPDR BB Conv Sec ETF Add +12.8% 3.46% +0.39
RSP Invesco S&P 500 Equal Weight Add +148.7% 0.57% +0.33
MUNI PIMCO Intermediate Municipal Add +74.8% 0.81% +0.31
MDY State Street SPDR S&P Midcap Add +25.3% 1.50% +0.25
INMU iShares Intermediate Muni Inc. Add +36.1% 1.16% +0.25
IWM iShares Russell 2000 ETF Add +0.7% 7.97% +0.24
SPSM SS SPDR P S&P 600 Small Cap Add +13.5% 1.33% +0.15
QQQE Dirx Nasdaq-100EQ Wi ETF-Usd Add +126.3% 0.26% +0.14
GOOGL Alphabet Inc. Class A Add +2.6% 0.46% +0.10
VEA Vanguard Ftse Developed ETF Add +7.2% 2.46% +0.07
BSMR Invesco Bulletshares 2027 MB Add +37.3% 0.32% +0.07
BSMQ Invesco Bulletshares 2026 MB Add +37.7% 0.31% +0.06
BSMT Invesco Bulletshares 2029 MB Add +71.3% 0.17% +0.06
ABG Asbury Automotive Group New 0.06% +0.06
BSMS Invesco Bulletshares 2028 MB Add +46.1% 0.21% +0.05
TROW T Rowe Price Group Inc. New 0.05% +0.05
BSMP Invesco Bulletshares 2025 MB Add +25.7% 0.30% +0.04
MMIN Nylim Mackay Muni Insured Et Add +29.3% 0.19% +0.03
NVDA Nvidia Corp. Add +1.3% 0.39% +0.03
JBL Jabil Inc. Add +30.7% 0.13% +0.02
NBSD Neuberger Short Duration Inc. Add +9.8% 2.65% +0.02
C Citigroup Inc. Add +17.2% 0.07% +0.02
IEI iShares 3-7 Year Treasury Bo Add +9.7% 2.53% +0.01
NULG Nuveen ESG LRG-Cap GRW ETF Add +10.1% 0.13% +0.01
ESIX SS SPDR S&P 600 SC ESG ETF Add +17.0% 0.06% +0.01
GILD Gilead Sciences Inc. Add +17.9% 0.10% +0.01
ABT Abbott Laboratories Add +21.2% 0.08% +0.01
NULV Nuveen ESG Large-Cap Val ETF Add +9.8% 0.12% +0.01
VCSH Vanguard S/T Corp. Bond ETF Add +9.1% 4.09% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +8.8% 0.15% +0.00
GS Goldman Sachs Group Inc. Add +3.8% 0.06% +0.00
DKS Dick's Sporting Goods Inc. Add +2.9% 0.06% +0.00
MINT PIMCO Enhanced Short Maturit Add +13.0% 0.10% +0.00
ESGD iShares Trust iShares ESG Aw Add +3.8% 0.15% −0.00
CACI Caci International Inc. Class A Add +1.0% 0.06% −0.00
MA Mastercard Inc. Class A Add +0.5% 0.14% −0.01
CRWD CrowdStrike Holdings Inc. Class A Add +4.2% 0.12% −0.01
AMGN Amgen Inc. Add +2.6% 0.20% −0.01
META Meta Platforms Inc. Class A Add +0.3% 0.16% −0.02
RS Reliance Inc. Add +0.8% 0.07% −0.02
AMZN Amazon.com Inc. Add +2.4% 0.25% −0.02
MINO PIMCO Municipal Income Oppor Add +3.4% 0.74% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Add +0.1% 3.05% −0.04
COST Costco Wholesale Corp. Add +0.1% 0.32% −0.05
EFA iShares MSCI Eafe ETF Add +0.1% 8.21% −0.39
IWD iShares Russell 1000 Value E Add +0.1% 13.54% −0.59

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 146$471.4MIWF, IWD, IWM, EFA, AAPL
Q1 2026 137$426.7MIWF, IWD, IWM, EFA, AAPL
Q4 2025 136$432.9MIWF, IWD, EFA, IWM, AAPL
Q3 2025 136$423.0MIWF, IWD, EFA, IWM, AAPL
Q2 2025 142$386.2MIWF, IWD, EFA, IWM, AAPL
Q1 2025 132$355.2MIWD, IWF, EFA, IWM, AAPL
Q4 2024 138$366.5MIWF, IWD, EFA, IWM, AAPL
Q3 2024 149$373.8MIWF, IWD, EFA, AAPL, IWM
Q2 2024 142$342.7MIWF, IWD, EFA, AAPL, IWM
Q1 2024 143$340.1MIWF, IWD, EFA, IWM, AAPL