Principia Wealth Advisory, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Principia Wealth Advisory, LLC reported 851 stock positions worth $103.7 million. Its top holding was SS SPDR P S&P 1500 Comp ETF (SPTM) at 11.6% of the portfolio, followed by SS SPDR P St Term TSY ETF (SPTS, 9.1%) and Vanguard Ftse All-World Ex-U (VEU, 8.6%). Compared with Q4 2024, it opened 144 new positions, sold out of 68, added to 402 and reduced 198. The biggest buy was SS SPDR P St Term TSY ETF (SPTS, shares +34073%) and the biggest sale an exit from iShares Russell 1000 ETF (IWB).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0002041436
- Portfolio Value
- $103.7M (Q1 2025)
- SEC Filing
- 0002041436-25-000002 ↗ filed Apr 11, 2025
Holdings Value
Holdings 851 stocks · $103.7M
| SPTM SS SPDR P S&P 1500 Comp ETF | 11.59% | 182,023 | $12.0M | Add +2.4% |
| SPTS SS SPDR P St Term TSY ETF | 9.12% | 324,297 | $9.5M | Add +34072.5% |
| VEU Vanguard Ftse All-World Ex-U | 8.60% | 153,468 | $8.9M | Add +12.7% |
| LISTED FDS TR | 7.49% | 214,561 | $7.8M | Add +5.2% |
| ADVM Adverum Biotechnologies Inc. | 5.86% | 1,696,815 | $6.1M | Add +27.5% |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | 5.16% | 213,149 | $5.4M | Add +12.3% |
| VWO Vanguard Ftse Emerging Marke | 4.25% | 103,852 | $4.4M | Add +10.1% |
| EMXC iShares MSCI Emr MRK Ex Chna | 4.00% | 77,581 | $4.2M | Add +8.5% |
| SHY iShares 1-3 Year Treasury Bo | 3.76% | 47,228 | $3.9M | Add +32.3% |
| IAU iShares Gold Trust | 3.54% | 62,862 | $3.7M | Add +0.4% |
| SHV iShares 0-1 Year Treasury Bo | 3.43% | 32,308 | $3.6M | Add +22.6% |
| SJT San Juan Basin Royalty TR | 3.23% | 653,767 | $3.4M | Add +3003.3% |
| SLV iShares Silver Trust | 2.45% | 90,679 | $2.5M | Reduce -1.6% |
| EYPT Eyepoint Inc. | 2.35% | 533,778 | $2.4M | Add +97.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.23% | 13,101 | $2.3M | Add +5.3% |
| FNDF Schwab Fndmn Intl LRG Co. ETF | 2.16% | 64,846 | $2.2M | Add +8.2% |
| GOAU US GLB GLD & Metal MNRS ETF | 1.96% | 83,276 | $2.0M | Reduce -47.0% |
| MLPA Global X MLP ETF | 1.51% | 32,423 | $1.6M | Reduce -50.6% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 1.42% | 65,499 | $1.5M | Add +7.3% |
| IBIT iShares Bitcoin Trust ETF | 1.11% | 24,585 | $1.2M | Reduce -17.7% |
| VGSH Vanguard Short-Term Treasury | 0.68% | 12,033 | $705K | Add +4.7% |
| KMI Kinder Morgan Inc. | 0.53% | 20,740 | $544K | Add +1.1% |
| AAPL Apple Inc. | 0.49% | 2,568 | $511K | Reduce -0.8% |
| BSV Vanguard Short-Term Bond ETF | 0.46% | 6,173 | $482K | Add +1.2% |
| MSFT Microsoft Corp. | 0.43% | 1,134 | $443K | Add +7.8% |
| PRF Invesco Rafi US 1000 ETF | 0.38% | 10,211 | $393K | No change |
| DBND Doubleline Oppor Cor BND-Usd | 0.38% | 8,615 | $392K | Reduce -0.2% |
| VPLS Vanguard Core-Plus Bond ETF | 0.37% | 4,981 | $381K | Add +5.9% |
| VIOO Vanguard S&P Small-Cap 600 E | 0.36% | 4,126 | $376K | Add +3.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.34% | 1,308 | $351K | New |
| SIVR Abrdn Physical Silver Shares | 0.33% | 11,732 | $345K | Add +0.1% |
| AMCR Amcor PLC | 0.32% | 36,887 | $333K | Reduce -0.0% |
| PHYS Sprott Physical Gold Trust | 0.30% | 13,185 | $312K | Reduce -19.3% |
| ITOT iShares Core S&P Total U.S. | 0.30% | 2,610 | $309K | No change |
| PNW Pinnacle West Capital | 0.30% | 3,412 | $309K | Add +1.0% |
| SCHW Schwab (charles) Corp. | 0.29% | 4,003 | $301K | Add +0.3% |
| INFL Horizon Kinetics Infl Benef | 0.29% | 7,769 | $299K | Add +18.0% |
| SGOL Abrdn Physical Gold Shares | 0.28% | 9,995 | $295K | Reduce -9.9% |
| RMD Resmed Inc. | 0.28% | 1,358 | $294K | Add +1.6% |
| GLD SPDR Gold Shares | 0.25% | 917 | $262K | Reduce -7.7% |
| VTIP Vanguard Short-Term Tips | 0.25% | 5,124 | $255K | Reduce -4.5% |
| VYM Vanguard High DVD Yield ETF | 0.24% | 2,039 | $250K | Add +159.4% |
| GDX Vaneck Gold Miners ETF | 0.24% | 5,550 | $250K | No change |
| PSLV Sprott Physical Silver Trust | 0.20% | 20,445 | $212K | Reduce -12.2% |
| TTWO Take-Two Interactive Softwre | 0.20% | 993 | $207K | Add +0.1% |
| CPB The Campbell's Company | 0.20% | 5,297 | $203K | Add +0.9% |
| JPM JPMorgan Chase & Co. | 0.19% | 833 | $195K | Add +0.8% |
| FETH Fidelity Ethereum Fund | 0.18% | 11,428 | $187K | Reduce -3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.18% | 337 | $185K | Add +1.2% |
| CAG Conagra Brands Inc. | 0.18% | 7,192 | $185K | Add +1.4% |
| QLTY GMO U.S. Quality ETF | 0.17% | 5,801 | $178K | Add +42.9% |
| INCY Incyte Corp. | 0.17% | 3,000 | $177K | Reduce -0.2% |
| GUNR NT Mstar GLBL NR ETF | 0.16% | 4,582 | $165K | Reduce -33.4% |
| AMGN Amgen Inc. | 0.16% | 555 | $161K | Add +3.5% |
| AIZ Assurant Inc. | 0.15% | 822 | $159K | Add +0.4% |
| VKTX Viking Therapeutics Inc. | 0.14% | 6,478 | $150K | Add +10.5% |
| ESS Essex Property Trust Inc. | 0.14% | 520 | $141K | Add +1.0% |
| GOOGL Alphabet Inc. Class A | 0.13% | 832 | $132K | Reduce -0.9% |
| CTSH Cognizant Tech Solutions-A | 0.12% | 1,739 | $127K | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.12% | 238 | $124K | Add +8.7% |
| MGNR Amer Beac GLG NTRL Rsrcs ETF filed as AMERICAN BEACON SELECT FUNDS | 0.12% | 4,262 | $120K | New |
| WMT Walmart Inc. | 0.12% | 1,333 | $119K | Reduce -40.8% |
| FTV Fortive Corp. | 0.11% | 1,721 | $117K | Reduce -0.1% |
| MDT Medtronic PLC | 0.11% | 1,344 | $115K | Add +2.0% |
| TPYP Managed Portfolio Series | 0.10% | 3,186 | $107K | Reduce -23.1% |
| TAK Takeda Pharmaceutic-SP ADR | 0.10% | 7,144 | $102K | No change |
| UTES Virtus Reaves Utilities ETF | 0.10% | 1,610 | $102K | Reduce -6.2% |
| AMZN Amazon.com Inc. | 0.09% | 502 | $96K | Reduce -18.2% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.09% | 1,859 | $94K | New |
| VTES Vanguard SH Term Tax-Ex Bond | 0.09% | 941 | $94K | New |
| NEE Nextera Energy Inc. | 0.08% | 1,258 | $85K | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.08% | 799 | $85K | Add +13.0% |
| NVDA Nvidia Corp. | 0.08% | 729 | $83K | Add +9.9% |
| NUV Nuveen Municipal Value | 0.08% | 9,614 | $82K | No change |
| TFIN Triumph Financial Inc. | 0.08% | 1,500 | $80K | No change |
| GPN Global Payments Inc. | 0.07% | 817 | $74K | Add +0.6% |
| MCD McDonald's Corp. | 0.07% | 228 | $69K | Add +4.6% |
| MRK Merck & Co. Inc. | 0.07% | 833 | $68K | Add +1.5% |
| CLX Clorox Company | 0.06% | 470 | $66K | Add +0.6% |
| DBL Doubleline Opport Credit | 0.06% | 3,981 | $62K | Add +41.1% |
| VZ Verizon Communications Inc. | 0.05% | 1,245 | $53K | Add +4.4% |
| META Meta Platforms Inc. Class A | 0.05% | 86 | $50K | Add +53.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.05% | 197 | $49K | No change |
| STR Sitio Royalties Corp. Class A | 0.05% | 2,900 | $48K | Add +11.6% |
| WBA Walgreens Boots Alliance Inc. | 0.05% | 4,472 | $48K | Add +1.1% |
| TSLA Tesla Inc. | 0.05% | 176 | $48K | Add +114.6% |
| MCK McKesson Corp. | 0.04% | 68 | $46K | Add +1.5% |
| TFX Teleflex Inc. | 0.04% | 328 | $44K | Reduce -0.3% |
| FFLC Fidelity Fndmntl L/C Cor ETF | 0.04% | 930 | $39K | Add +313.3% |
| DFEV Dimensional Emrg MRKT Val | 0.03% | 1,400 | $35K | Add +12.9% |
| CEF Sprott Physical Gold and Sil | 0.03% | 1,250 | $34K | Reduce -10.7% |
| MKTX Marketaxess Holdings Inc. | 0.03% | 165 | $34K | Add +0.6% |
| IPGP Ipg Photonics Corp. | 0.03% | 476 | $27K | No change |
| OVV Ovintiv Inc. | 0.03% | 731 | $26K | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.03% | 174 | $26K | Add +17.6% |
| GOOG Alphabet Inc. Class C | 0.03% | 161 | $26K | Add +111.8% |
| HON Honeywell International Inc. | 0.02% | 129 | $26K | Reduce -9.8% |
| CMDT PIMCO Commodity Active Strat | 0.02% | 990 | $25K | Reduce -25.6% |
| TCAF T Rowe PRC Cap Appreciation | 0.02% | 780 | $25K | Add +3.3% |
| LOW Lowe's Cos Inc. | 0.02% | 108 | $24K | Reduce -6.1% |
Options reported separately and not counted above: TESLA INC calls ($272K), VANECK ETF TRUST calls ($225K), ISHARES SILVER TR calls ($196K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $396 (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| SESCW Ivanhoe Capital Class A -CW27 | *W EXP 12/10/202 | 3,600 | $396 | No change |
Total filed on the 13F, all lines: $103.7M.
Portfolio Sells Q4 2024 → Q1 2025
| IWB iShares Russell 1000 ETF | Sold out | 0.00% | −8.35 |
| TARS Tarsus Pharmaceuticals Inc. | Sold out | 0.00% | −7.20 |
| MLPA Global X MLP ETF | Reduce -50.6% | 1.51% | −1.54 |
| GOAU US GLB GLD & Metal MNRS ETF | Reduce -47.0% | 1.96% | −0.84 |
| IBIT iShares Bitcoin Trust ETF | Reduce -17.7% | 1.11% | −0.38 |
| FETH Fidelity Ethereum Fund | Reduce -3.9% | 0.18% | −0.19 |
| AAPL Apple Inc. | Reduce -0.8% | 0.49% | −0.12 |
| WMT Walmart Inc. | Reduce -40.8% | 0.12% | −0.08 |
| GUNR NT Mstar GLBL NR ETF | Reduce -33.4% | 0.16% | −0.08 |
| IXC iShares Global Energy ETF | Sold out | 0.00% | −0.06 |
| BBUS JPMorgan Betabuilders US Equ | Sold out | 0.00% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -18.2% | 0.09% | −0.03 |
| AZEK The Azek Co. Inc. | Reduce -76.8% | 0.01% | −0.03 |
| TPYP Managed Portfolio Series | Reduce -23.1% | 0.10% | −0.03 |
| FBTC Fidelity Wise Origin Bitcoin | Reduce -94.0% | 0.00% | −0.03 |
| INCY Incyte Corp. | Reduce -0.2% | 0.17% | −0.02 |
| BEPC Brookfield Renewable Corp. | Reduce -62.6% | 0.01% | −0.02 |
| GOOGL Alphabet Inc. Class A | Reduce -0.9% | 0.13% | −0.02 |
| BBIN JPM Betabuilders Intl Eqty | Sold out | 0.00% | −0.02 |
| AMLP Alerian MLP ETF | Reduce -48.1% | 0.02% | −0.02 |
| TFX Teleflex Inc. | Reduce -0.3% | 0.04% | −0.01 |
| NKE Nike Inc. Class B | Reduce -16.1% | 0.02% | −0.01 |
| FTV Fortive Corp. | Reduce -0.1% | 0.11% | −0.01 |
| JAVA JPMorgan Active Value ETF | Sold out | 0.00% | −0.01 |
| PHYS Sprott Physical Gold Trust | Reduce -19.3% | 0.30% | −0.01 |
| DIREXION SHARES ETF TRUST | Reduce -39.5% | 0.02% | −0.01 |
| CMDT PIMCO Commodity Active Strat | Reduce -25.6% | 0.02% | −0.01 |
| PSLV Sprott Physical Silver Trust | Reduce -12.2% | 0.20% | −0.01 |
| HON Honeywell International Inc. | Reduce -9.8% | 0.02% | −0.01 |
| SPYG SS SPDR P S&P 500 Growth ETF | Sold out | 0.00% | −0.01 |
| AMCR Amcor PLC | Reduce -0.0% | 0.32% | −0.01 |
| BAC Bank of America Corp. | Reduce -63.6% | 0.00% | −0.00 |
| UTES Virtus Reaves Utilities ETF | Reduce -6.2% | 0.10% | −0.00 |
| TLH iShares 10-20 Year Treasury | Sold out | 0.00% | −0.00 |
| CTSH Cognizant Tech Solutions-A | Reduce -0.3% | 0.12% | −0.00 |
| JEMA JPMorgan Activebuilders Emer | Sold out | 0.00% | −0.00 |
| BBHY JPMorgan Betabuilders Usd Hi | Sold out | 0.00% | −0.00 |
| CRM Salesforce Inc. | Reduce -36.0% | 0.00% | −0.00 |
| IEMG iShares Core MSCI Emerging | Reduce -70.1% | 0.00% | −0.00 |
| LOW Lowe's Cos Inc. | Reduce -6.1% | 0.02% | −0.00 |
| HD Home Depot Inc. | Reduce -32.0% | 0.01% | −0.00 |
| JPIE JPMorgan Income ETF | Sold out | 0.00% | −0.00 |
| AXP American Express Co. | Reduce -60.0% | 0.00% | −0.00 |
| OVV Ovintiv Inc. | Reduce -0.9% | 0.03% | −0.00 |
| XCEM Columbia Em Core Ex-China | Reduce -52.3% | 0.00% | −0.00 |
| JCPB JPMorgan Core Plus Bond ETF | Sold out | 0.00% | −0.00 |
| HAL Halliburton Co. | Reduce -8.1% | 0.01% | −0.00 |
| BBMC JPM Betabuilders US Mid Cap | Sold out | 0.00% | −0.00 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.00 |
| PFE Pfizer Inc. | Reduce -42.6% | 0.00% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SPTS SS SPDR P St Term TSY ETF | Add +34072.5% | 9.12% | +9.10 |
| SJT San Juan Basin Royalty TR | Add +3003.3% | 3.23% | +3.16 |
| VEU Vanguard Ftse All-World Ex-U | Add +12.7% | 8.60% | +1.25 |
| SHY iShares 1-3 Year Treasury Bo | Add +32.3% | 3.76% | +1.01 |
| SHV iShares 0-1 Year Treasury Bo | Add +22.6% | 3.43% | +0.71 |
| IAU iShares Gold Trust | Add +0.4% | 3.54% | +0.63 |
| DBMF Imgp Dbi MFT STR ETF-Usd Inc. | Add +12.3% | 5.16% | +0.49 |
| EYPT Eyepoint Inc. | Add +97.4% | 2.35% | +0.46 |
| VWO Vanguard Ftse Emerging Marke | Add +10.1% | 4.25% | +0.35 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.34% | +0.34 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +8.2% | 2.16% | +0.29 |
| EMXC iShares MSCI Emr MRK Ex Chna | Add +8.5% | 4.00% | +0.28 |
| LISTED FDS TR | Add +5.2% | 7.49% | +0.17 |
| VYM Vanguard High DVD Yield ETF | Add +159.4% | 0.24% | +0.15 |
| MGNR Amer Beac GLG NTRL Rsrcs ETF | New | 0.12% | +0.12 |
| JMST JPM Ultra-Short Muni Income | New | 0.09% | +0.09 |
| VTES Vanguard SH Term Tax-Ex Bond | New | 0.09% | +0.09 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +7.3% | 1.42% | +0.06 |
| INFL Horizon Kinetics Infl Benef | Add +18.0% | 0.29% | +0.05 |
| VGSH Vanguard Short-Term Treasury | Add +4.7% | 0.68% | +0.05 |
| QLTY GMO U.S. Quality ETF | Add +42.9% | 0.17% | +0.05 |
| VPLS Vanguard Core-Plus Bond ETF | Add +5.9% | 0.37% | +0.03 |
| SIVR Abrdn Physical Silver Shares | Add +0.1% | 0.33% | +0.03 |
| PNW Pinnacle West Capital | Add +1.0% | 0.30% | +0.03 |
| FFLC Fidelity Fndmntl L/C Cor ETF | Add +313.3% | 0.04% | +0.03 |
| TTWO Take-Two Interactive Softwre | Add +0.1% | 0.20% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +8.7% | 0.12% | +0.03 |
| AMGN Amgen Inc. | Add +3.5% | 0.16% | +0.02 |
| BSV Vanguard Short-Term Bond ETF | Add +1.2% | 0.46% | +0.02 |
| DBL Doubleline Opport Credit | Add +41.1% | 0.06% | +0.02 |
| ADVM Adverum Biotechnologies Inc. | Add +27.5% | 5.86% | +0.02 |
| META Meta Platforms Inc. Class A | Add +53.6% | 0.05% | +0.02 |
| TSLA Tesla Inc. | Add +114.6% | 0.05% | +0.02 |
| SCHW Schwab (charles) Corp. | Add +0.3% | 0.29% | +0.01 |
| MDT Medtronic PLC | Add +2.0% | 0.11% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +111.8% | 0.03% | +0.01 |
| MSFT Microsoft Corp. | Add +7.8% | 0.43% | +0.01 |
| XOM Exxon Mobil Corp. | Add +13.0% | 0.08% | +0.01 |
| V Visa Inc. Class A | Add +63.4% | 0.02% | +0.01 |
| MA Mastercard Inc. Class A | Add +85.0% | 0.02% | +0.01 |
| VONE Vanguard Russell 1000 | New | 0.01% | +0.01 |
| MCK McKesson Corp. | Add +1.5% | 0.04% | +0.01 |
| NAK Northern Dynasty Minerals | Add +2.3% | 0.02% | +0.01 |
| WBA Walgreens Boots Alliance Inc. | Add +1.1% | 0.05% | +0.01 |
| MCD McDonald's Corp. | Add +4.6% | 0.07% | +0.01 |
| VZ Verizon Communications Inc. | Add +4.4% | 0.05% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +34.8% | 0.02% | +0.01 |
| AMAT Applied Materials Inc. | Add +400.0% | 0.01% | +0.01 |
| PG The Procter & Gamble Co. | Add +62.5% | 0.01% | +0.01 |
| NFLX Netflix Inc. | Add +50.0% | 0.01% | +0.01 |
Options Activity Q4 2024 → Q1 2025
| TESLA INC | call | New | 1,000 | $272K |
| VANECK ETF TRUST | call | New | 5,000 | $225K |
| ISHARES SILVER TR | call | Add +59.1% | 7,000 | $196K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,063 | $199.9M | QQQM, BKLC, VEA, QQQ, EYPT |
| Q1 2026 | 1,046 | $176.6M | QQQM, VEA, BKLC, SPTS, EYPT |
| Q4 2025 | 1,014 | $159.9M | QQQM, QQQ, EYPT, VEA, BKLC |
| Q3 2025 | 965 | $140.1M | QQQM, QQQ, ADVM, EYPT, SPTM |
| Q2 2025 | 939 | $117.7M | SPTM, QQQ, VEU, SEPZ, DBMF |
| Q1 2025 | 851 | $103.7M | SPTM, SPTS, VEU, LISTED FDS TR, ADVM |
| Q4 2024 | 773 | $106.4M | SPTM, IWB, VEU, LISTED FDS TR, TARS |