Salomon & Ludwin, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 24, 2024), Salomon & Ludwin, LLC reported 733 stock positions worth $981.9 million. Its top holding was iShares S&P 500 Growth ETF (IVW) at 7.4% of the portfolio, followed by iShares Short-Term National (SUB, 6.0%) and JPM Ultra-Short Muni Income (JMST, 5.3%). Compared with Q2 2024, it opened 12 new positions, sold out of 13, added to 107 and reduced 167. The biggest buy was JPM Ultra-Short Muni Income (JMST, shares +438%) and the biggest sale iShares S&P 500 Growth ETF (IVW, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001766156
- Portfolio Value
- $981.9M (Q3 2024)
- SEC Filing
- 0001766156-24-000005 ↗ filed Oct 24, 2024
Holdings Value
Holdings 733 stocks · $981.9M
| IVW iShares S&P 500 Growth ETF | 7.43% | 761,476 | $72.9M | Reduce -9.2% |
| SUB iShares Short-Term National | 5.95% | 549,421 | $58.4M | Add +7.3% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 5.29% | 1,019,611 | $51.9M | Add +438.4% |
| XLK SS Technology Select Sector | 5.03% | 218,416 | $49.3M | Reduce -8.3% |
| VOO Vanguard S&P 500 ETF | 5.00% | 92,954 | $49.1M | Reduce -6.1% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.52% | 483,327 | $44.4M | Add +450.6% |
| IVE iShares S&P 500 Value ETF | 4.35% | 216,693 | $42.7M | Reduce -7.5% |
| VEA Vanguard Ftse Developed ETF | 2.76% | 513,258 | $27.1M | Reduce -10.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.69% | 46,071 | $26.4M | Reduce -8.9% |
| IJH iShares Core S&P Midcap ETF | 2.66% | 418,973 | $26.1M | Reduce -5.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.60% | 500,350 | $25.6M | Add +11.8% |
| MSFT Microsoft Corp. | 2.46% | 56,190 | $24.2M | Reduce -5.7% |
| MUB iShares National Muni Bond E | 2.39% | 214,760 | $23.5M | Add +14.7% |
| EFA iShares MSCI Eafe ETF | 2.24% | 262,197 | $21.9M | Reduce -8.4% |
| VYM Vanguard High DVD Yield ETF | 2.07% | 158,562 | $20.3M | Reduce -6.6% |
| VGSH Vanguard Short-Term Treasury | 2.00% | 333,256 | $19.7M | Add +8.8% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.98% | 211,724 | $19.5M | Reduce -9.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.66% | 42,474 | $16.3M | Reduce -5.0% |
| XLY SS Consumer Disc Select Sect | 1.60% | 78,258 | $15.7M | Reduce -8.1% |
| IWM iShares Russell 2000 ETF | 1.56% | 69,199 | $15.3M | Reduce -7.3% |
| IJJ iShares S&P Mid-Cap 400 Valu | 1.50% | 119,402 | $14.8M | Reduce -9.1% |
| AAPL Apple Inc. | 1.48% | 62,267 | $14.5M | Reduce -2.0% |
| XLV SS Health Care Select Sector | 1.45% | 92,503 | $14.3M | Reduce -7.4% |
| IJR iShares Core S&P Small-Cap E | 1.31% | 110,269 | $12.9M | Reduce -6.5% |
| XLF SS Financial Select Sector | 1.19% | 256,847 | $11.7M | Reduce -9.1% |
| VGIT Vanguard Intermediate-Term T | 1.07% | 173,169 | $10.5M | Add +23.0% |
| IJT iShares S&P Small-Cap 600 GR | 1.04% | 73,527 | $10.3M | Reduce -8.0% |
| SPTI SS SPDR P Int Term TSY ETF | 1.00% | 338,257 | $9.8M | Add +26.2% |
| XLP SS Consumer Staples Sel Sect | 0.93% | 110,166 | $9.2M | Reduce -7.3% |
| SHY iShares 1-3 Year Treasury Bo | 0.92% | 108,686 | $9.0M | Add +30.4% |
| IVV iShares Core S&P 500 ETF | 0.89% | 15,169 | $8.7M | Reduce -5.3% |
| XLI SS Industrial Select Sector | 0.78% | 56,469 | $7.7M | Reduce -9.6% |
| EEM iShares MSCI Emerging Market | 0.75% | 160,939 | $7.4M | Reduce -6.8% |
| IEMG iShares Core MSCI Emerging | 0.75% | 127,556 | $7.3M | Reduce -10.8% |
| SDY SS SPDR S&P Dividend ETF | 0.62% | 42,858 | $6.1M | Reduce -10.1% |
| IXG iShares Global Financials Et | 0.56% | 57,858 | $5.5M | Reduce -9.5% |
| IJS iShares S&P Small-Cap 600 Va | 0.55% | 50,536 | $5.4M | Reduce -10.3% |
| PEY Invesco High Yield Equity Di | 0.55% | 247,993 | $5.4M | Reduce -12.6% |
| ORCL Oracle Corp. | 0.55% | 31,916 | $5.4M | Add +0.4% |
| VCR Vanguard Consumer Discre ETF | 0.53% | 15,274 | $5.2M | Reduce -11.1% |
| MO Altria Group Inc. | 0.52% | 100,481 | $5.1M | Reduce -0.6% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.52% | 58,468 | $5.1M | Reduce -4.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.48% | 19,998 | $4.7M | Reduce -5.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.42% | 15,721 | $4.1M | Reduce -6.0% |
| D Dominion Energy Inc. | 0.42% | 71,555 | $4.1M | Reduce -1.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.38% | 44,504 | $3.7M | Add +2.8% |
| VIS Vanguard Industrials ETF | 0.37% | 14,078 | $3.7M | Reduce -7.3% |
| LOW Lowe's Cos Inc. | 0.37% | 13,381 | $3.6M | Add +0.2% |
| VT Vanguard Tot World STK ETF | 0.37% | 30,202 | $3.6M | Reduce -0.1% |
| FDL First Trust Morn DVD Lead Inc. | 0.36% | 85,236 | $3.6M | Reduce -11.0% |
| VWO Vanguard Ftse Emerging Marke | 0.36% | 73,907 | $3.5M | Reduce -3.2% |
| PM Philip Morris International | 0.36% | 28,908 | $3.5M | Reduce -0.9% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.35% | 19,508 | $3.4M | Reduce -7.1% |
| VGT Vanguard Info Tech ETF | 0.35% | 5,818 | $3.4M | Reduce -25.9% |
| MDY State Street SPDR S&P Midcap | 0.33% | 5,606 | $3.2M | Reduce -15.7% |
| MCD McDonald's Corp. | 0.32% | 10,427 | $3.2M | Add +1.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.31% | 57,509 | $3.0M | Add +3.3% |
| AIVL Wisdomtree US AI Enhanced Va | 0.31% | 27,305 | $3.0M | Reduce -10.8% |
| XLE SS Energy Select Sector | 0.29% | 32,236 | $2.8M | Reduce -8.3% |
| DON Wisdomtree US Midcap Dividen | 0.27% | 51,758 | $2.6M | Reduce -17.2% |
| IWF iShares Russell 1000 Growth | 0.22% | 5,665 | $2.1M | Add +7.1% |
| DES Wisdomtree US Smallcap Divid | 0.22% | 61,443 | $2.1M | Reduce -10.5% |
| VHT Vanguard Health Care ETF | 0.21% | 7,280 | $2.1M | Reduce -2.3% |
| NEU Newmarket Corp. | 0.20% | 3,596 | $2.0M | Add +5.7% |
| AMZN Amazon.com Inc. | 0.19% | 10,171 | $1.9M | Reduce -1.3% |
| XLC SS Comm Select Sector SPDR | 0.19% | 20,316 | $1.8M | Add +0.9% |
| VDE Vanguard Energy ETF | 0.16% | 12,751 | $1.6M | Reduce -5.7% |
| KO The Coca-Cola Co. | 0.16% | 21,696 | $1.6M | Add +17.3% |
| SGOV iShares 0-3 Month Treasury B | 0.15% | 14,319 | $1.4M | Reduce -10.4% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.14% | 37,651 | $1.4M | Add +2.0% |
| RSP Invesco S&P 500 Equal Weight | 0.13% | 7,286 | $1.3M | Add +40.7% |
| LRCX Lam Research Corp. | 0.13% | 1,587 | $1.3M | No change |
| VDC Vanguard Consumer Staple ETF | 0.13% | 5,635 | $1.2M | Reduce -1.4% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.12% | 13,004 | $1.1M | Add +3.8% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 2,238 | $1.1M | Reduce -10.8% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.11% | 13,732 | $1.1M | Add +4.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.11% | 3,820 | $1.1M | Reduce -1.1% |
| PRAA Pra Group Inc. | 0.11% | 46,699 | $1.0M | No change |
| ITA iShares U.S. Aerospace & Def | 0.10% | 6,870 | $1.0M | No change |
| TFC Truist Financial Corp. | 0.10% | 23,947 | $1.0M | Add +5.7% |
| LLY Eli Lilly & Co. | 0.10% | 1,114 | $987K | Reduce -3.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.10% | 8,785 | $972K | Add +0.2% |
| ABBV Abbvie Inc. | 0.10% | 4,786 | $945K | Reduce -2.0% |
| TMO Thermo Fisher Scientific Inc. | 0.09% | 1,446 | $894K | No change |
| META Meta Platforms Inc. Class A | 0.08% | 1,424 | $815K | No change |
| JNJ Johnson & Johnson | 0.08% | 5,000 | $810K | Reduce -39.7% |
| GLD SPDR Gold Shares | 0.08% | 3,305 | $803K | No change |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.08% | 3,041 | $801K | No change |
| MA Mastercard Inc. Class A | 0.08% | 1,606 | $793K | No change |
| GOOGL Alphabet Inc. Class A | 0.08% | 4,656 | $772K | Reduce -4.0% |
| PEP Pepsico Inc. | 0.08% | 4,428 | $753K | Reduce -15.2% |
| JPM JPMorgan Chase & Co. | 0.08% | 3,548 | $748K | Reduce -3.0% |
| UNH Unitedhealth Group Inc. | 0.07% | 1,211 | $708K | Add +3.7% |
| COST Costco Wholesale Corp. | 0.07% | 765 | $678K | Add +2.8% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 5,210 | $654K | Add +11.2% |
| AUB Atlantic Union Bankshares Co. | 0.07% | 17,322 | $653K | Reduce -2.8% |
| SCHD Schwab US DVD Equity ETF | 0.07% | 7,604 | $643K | No change |
| OEF iShares S&P 100 ETF | 0.06% | 2,258 | $625K | No change |
| XOM Exxon Mobil Corp. | 0.06% | 4,908 | $575K | Reduce -31.8% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.06% | 6,163 | $574K | Add +3.3% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $3K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 86 | $3K | Reduce -6.5% |
Total filed on the 13F, all lines: $981.9M.
Portfolio Sells Q2 2024 → Q3 2024
| IVW iShares S&P 500 Growth ETF | Reduce -9.2% | 7.43% | −1.23 |
| XLK SS Technology Select Sector | Reduce -8.3% | 5.03% | −0.99 |
| VOO Vanguard S&P 500 ETF | Reduce -6.1% | 5.00% | −0.53 |
| MSFT Microsoft Corp. | Reduce -5.7% | 2.46% | −0.51 |
| IVE iShares S&P 500 Value ETF | Reduce -7.5% | 4.35% | −0.41 |
| VEA Vanguard Ftse Developed ETF | Reduce -10.4% | 2.76% | −0.40 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -8.9% | 2.69% | −0.38 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -9.3% | 1.98% | −0.31 |
| EFA iShares MSCI Eafe ETF | Reduce -8.4% | 2.24% | −0.27 |
| IJH iShares Core S&P Midcap ETF | Reduce -5.6% | 2.66% | −0.24 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -5.0% | 1.66% | −0.21 |
| VYM Vanguard High DVD Yield ETF | Reduce -6.6% | 2.07% | −0.18 |
| XLV SS Health Care Select Sector | Reduce -7.4% | 1.45% | −0.17 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -9.1% | 1.50% | −0.16 |
| VGT Vanguard Info Tech ETF | Reduce -25.9% | 0.35% | −0.16 |
| XLY SS Consumer Disc Select Sect | Reduce -8.1% | 1.60% | −0.13 |
| IWM iShares Russell 2000 ETF | Reduce -7.3% | 1.56% | −0.13 |
| NSC Norfolk Southern Corp. | Reduce -70.3% | 0.06% | −0.12 |
| PG The Procter & Gamble Co. | Reduce -67.5% | 0.05% | −0.12 |
| XLF SS Financial Select Sector | Reduce -9.1% | 1.19% | −0.11 |
| IEMG iShares Core MSCI Emerging | Reduce -10.8% | 0.75% | −0.11 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -8.0% | 1.04% | −0.10 |
| IJR iShares Core S&P Small-Cap E | Reduce -6.5% | 1.31% | −0.09 |
| IVV iShares Core S&P 500 ETF | Reduce -5.3% | 0.89% | −0.09 |
| XLP SS Consumer Staples Sel Sect | Reduce -7.3% | 0.93% | −0.08 |
| MDY State Street SPDR S&P Midcap | Reduce -15.7% | 0.33% | −0.07 |
| VCR Vanguard Consumer Discre ETF | Reduce -11.1% | 0.53% | −0.07 |
| XLI SS Industrial Select Sector | Reduce -9.6% | 0.78% | −0.07 |
| XLE SS Energy Select Sector | Reduce -8.3% | 0.29% | −0.07 |
| EEM iShares MSCI Emerging Market | Reduce -6.8% | 0.75% | −0.07 |
| PEY Invesco High Yield Equity Di | Reduce -12.6% | 0.55% | −0.06 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -10.3% | 0.55% | −0.06 |
| DON Wisdomtree US Midcap Dividen | Reduce -17.2% | 0.27% | −0.05 |
| JNJ Johnson & Johnson | Reduce -39.7% | 0.08% | −0.05 |
| SDY SS SPDR S&P Dividend ETF | Reduce -10.1% | 0.62% | −0.05 |
| IXG iShares Global Financials Et | Reduce -9.5% | 0.56% | −0.05 |
| IXJ iShares Global Healthcare Et | Sold out | 0.00% | −0.04 |
| FDL First Trust Morn DVD Lead Inc. | Reduce -11.0% | 0.36% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -31.8% | 0.06% | −0.03 |
| VDE Vanguard Energy ETF | Reduce -5.7% | 0.16% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Reduce -5.8% | 0.48% | −0.03 |
| SGOV iShares 0-3 Month Treasury B | Reduce -10.4% | 0.15% | −0.03 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -6.0% | 0.42% | −0.03 |
| AMZN Amazon.com Inc. | Reduce -1.3% | 0.19% | −0.03 |
| AIVL Wisdomtree US AI Enhanced Va | Reduce -10.8% | 0.31% | −0.03 |
| CVX Chevron Corp. | Reduce -29.8% | 0.04% | −0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -7.1% | 0.35% | −0.03 |
| VFH Vanguard Financials ETF | Reduce -36.4% | 0.05% | −0.03 |
| VIS Vanguard Industrials ETF | Reduce -7.3% | 0.37% | −0.03 |
| SCHA Schwab US Small-Cap ETF | Reduce -86.6% | 0.00% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| JMST JPM Ultra-Short Muni Income | Add +438.4% | 5.29% | +4.22 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +450.6% | 4.52% | +3.61 |
| MUB iShares National Muni Bond E | Add +14.7% | 2.39% | +0.16 |
| SPTI SS SPDR P Int Term TSY ETF | Add +26.2% | 1.00% | +0.16 |
| SHY iShares 1-3 Year Treasury Bo | Add +30.4% | 0.92% | +0.15 |
| VGIT Vanguard Intermediate-Term T | Add +23.0% | 1.07% | +0.14 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +11.8% | 2.60% | +0.10 |
| ORCL Oracle Corp. | Add +0.4% | 0.55% | +0.05 |
| LOW Lowe's Cos Inc. | Add +0.2% | 0.37% | +0.04 |
| RSP Invesco S&P 500 Equal Weight | Add +40.7% | 0.13% | +0.04 |
| BILS SS Spdrb B 3-12M T-Bill ETF | New | 0.04% | +0.04 |
| MCD McDonald's Corp. | Add +1.1% | 0.32% | +0.03 |
| KO The Coca-Cola Co. | Add +17.3% | 0.16% | +0.03 |
| VGSH Vanguard Short-Term Treasury | Add +8.8% | 2.00% | +0.01 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +3.3% | 0.31% | +0.01 |
| NEU Newmarket Corp. | Add +5.7% | 0.20% | +0.01 |
| NOC Northrop Grumman Corp. | Add +74.6% | 0.01% | +0.01 |
| TFC Truist Financial Corp. | Add +5.7% | 0.10% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +3.7% | 0.07% | +0.01 |
| IWV iShares Russell 3000 ETF | Add +22.4% | 0.03% | +0.00 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +4.9% | 0.11% | +0.00 |
| ITOT iShares Core S&P Total U.S. | Add +11.2% | 0.07% | +0.00 |
| VMC Vulcan Materials Co. | Add +100.0% | 0.01% | +0.00 |
| NEE Nextera Energy Inc. | Add +1.8% | 0.04% | +0.00 |
| SPEM State Street SP PTF Em ETF | Add +7.7% | 0.05% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +38.7% | 0.01% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | New | 0.00% | +0.00 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.00% | +0.00 |
| BMY Bristol-Myers Squibb Co. | Add +15.6% | 0.01% | +0.00 |
| SBUX Starbucks Corp. | Add +6.6% | 0.01% | +0.00 |
| CB Chubb Ltd. | Add +25.6% | 0.01% | +0.00 |
| ADP Automatic Data Processing | Add +23.4% | 0.01% | +0.00 |
| CAT Caterpillar Inc. | Add +0.3% | 0.02% | +0.00 |
| LMT Lockheed Martin Corp. | Add +20.4% | 0.01% | +0.00 |
| TRV The Travelers Cos Inc. | Add +22.1% | 0.01% | +0.00 |
| MDLZ Mondelez International Inc. Class A | Add +0.8% | 0.04% | +0.00 |
| IWF iShares Russell 1000 Growth | Add +7.1% | 0.22% | +0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +3.3% | 0.06% | +0.00 |
| BR Broadridge Financial Solutio | Add +98.2% | 0.00% | +0.00 |
| COHR Coherent Corp. | Add +16.3% | 0.01% | +0.00 |
| FTGC First Trust Global Tactical | New | 0.00% | +0.00 |
| WM Waste Management Inc. | Add +25.6% | 0.01% | +0.00 |
| PPL PPL Corp. | Add +37.0% | 0.00% | +0.00 |
| TXN Texas Instruments Inc. | Add +16.2% | 0.01% | +0.00 |
| LIN Linde PLC | Add +14.3% | 0.01% | +0.00 |
| HCA HCA Healthcare Inc. | Add +11.5% | 0.00% | +0.00 |
| HSY The Hershey Co. | Add +23.3% | 0.01% | +0.00 |
| PDBC Invesco Optimum Yield Divers | Add +1644.4% | 0.00% | +0.00 |
| AMT American Tower Corp. | Add +100.0% | 0.00% | +0.00 |
| TLT iShares 20+ Year Treasury BD | Add +50.0% | 0.00% | +0.00 |
Notes & Other Activity Q2 2024 → Q3 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -6.5% | 86 | $3K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,115 | $1.2B | IVW, SUB, XLK, JMST, VOO |
| Q1 2026 | 2,096 | $1.1B | SUB, IVW, JMST, XLK, BIL |
| Q4 2025 | 2,142 | $1.1B | IVW, SUB, XLK, JMST, VOO |
| Q3 2025 | 2,151 | $1.1B | IVW, SUB, XLK, JMST, VOO |
| Q2 2025 | 1,120 | $1.0B | IVW, SUB, XLK, JMST, VOO |
| Q1 2025 | 716 | $938.2M | IVW, SUB, JMST, BIL, VOO |
| Q4 2024 | 719 | $943.9M | IVW, SUB, JMST, VOO, XLK |
| Q3 2024 | 733 | $981.9M | IVW, SUB, JMST, XLK, VOO |
| Q2 2024 | 734 | $895.9M | IVW, XLK, SUB, VOO, IVE |
| Q1 2024 | 851 | $1.2B | IVW, XLK, VOO, IVE, SUB |