Salomon & Ludwin, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Salomon & Ludwin, LLC reported 719 stock positions worth $943.9 million. Its top holding was iShares S&P 500 Growth ETF (IVW) at 7.6% of the portfolio, followed by iShares Short-Term National (SUB, 6.3%) and JPM Ultra-Short Muni Income (JMST, 5.5%). Compared with Q3 2024, it opened 20 new positions, sold out of 34, added to 46 and reduced 283. The biggest buy was iShares Short-Term National (SUB, shares +2%) and the biggest sale Vanguard Ftse Developed ETF (VEA, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001766156
- Portfolio Value
- $943.9M (Q4 2024)
- SEC Filing
- 0001766156-25-000002 ↗ filed Jan 30, 2025
Holdings Value
Holdings 719 stocks · $943.9M
| IVW iShares S&P 500 Growth ETF | 7.61% | 707,791 | $71.9M | Reduce -7.0% |
| SUB iShares Short-Term National | 6.25% | 559,642 | $59.0M | Add +1.9% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 5.52% | 1,027,536 | $52.1M | Add +0.8% |
| VOO Vanguard S&P 500 ETF | 5.12% | 89,692 | $48.3M | Reduce -3.5% |
| XLK SS Technology Select Sector | 5.08% | 206,273 | $48.0M | Reduce -5.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.67% | 482,471 | $44.1M | Reduce -0.2% |
| IVE iShares S&P 500 Value ETF | 4.15% | 205,016 | $39.1M | Reduce -5.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.80% | 45,030 | $26.4M | Reduce -2.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.74% | 516,670 | $25.9M | Add +3.3% |
| IJH iShares Core S&P Midcap ETF | 2.60% | 393,124 | $24.5M | Reduce -6.2% |
| MUB iShares National Muni Bond E | 2.56% | 226,980 | $24.2M | Add +5.7% |
| VEA Vanguard Ftse Developed ETF | 2.50% | 493,550 | $23.6M | Reduce -3.8% |
| MSFT Microsoft Corp. | 2.49% | 55,771 | $23.5M | Reduce -0.8% |
| VGSH Vanguard Short-Term Treasury | 2.08% | 337,454 | $19.6M | Add +1.3% |
| EFA iShares MSCI Eafe ETF | 2.04% | 255,196 | $19.3M | Reduce -2.7% |
| VYM Vanguard High DVD Yield ETF | 2.01% | 148,512 | $18.9M | Reduce -6.3% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.92% | 199,401 | $18.1M | Reduce -5.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.74% | 40,077 | $16.4M | Reduce -5.6% |
| XLY SS Consumer Disc Select Sect | 1.71% | 72,140 | $16.2M | Reduce -7.8% |
| AAPL Apple Inc. | 1.58% | 59,521 | $14.9M | Reduce -4.4% |
| IWM iShares Russell 2000 ETF | 1.53% | 65,443 | $14.5M | Reduce -5.4% |
| IJJ iShares S&P Mid-Cap 400 Valu | 1.49% | 112,272 | $14.0M | Reduce -6.0% |
| IJR iShares Core S&P Small-Cap E | 1.31% | 107,018 | $12.3M | Reduce -3.0% |
| XLV SS Health Care Select Sector | 1.29% | 88,759 | $12.2M | Reduce -4.0% |
| XLF SS Financial Select Sector | 1.23% | 239,277 | $11.6M | Reduce -6.8% |
| VGIT Vanguard Intermediate-Term T | 1.10% | 178,577 | $10.4M | Add +3.1% |
| SPTI SS SPDR P Int Term TSY ETF | 1.04% | 350,971 | $9.8M | Add +3.8% |
| IJT iShares S&P Small-Cap 600 GR | 0.99% | 69,349 | $9.4M | Reduce -5.7% |
| SHY iShares 1-3 Year Treasury Bo | 0.94% | 108,554 | $8.9M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 0.92% | 14,723 | $8.7M | Reduce -2.9% |
| XLP SS Consumer Staples Sel Sect | 0.89% | 107,035 | $8.4M | Reduce -2.8% |
| XLI SS Industrial Select Sector | 0.75% | 53,924 | $7.1M | Reduce -4.5% |
| IEMG iShares Core MSCI Emerging | 0.69% | 124,827 | $6.5M | Reduce -2.1% |
| EEM iShares MSCI Emerging Market | 0.69% | 154,932 | $6.5M | Reduce -3.7% |
| ORCL Oracle Corp. | 0.56% | 31,964 | $5.3M | Add +0.1% |
| IJS iShares S&P Small-Cap 600 Va | 0.56% | 48,379 | $5.3M | Reduce -4.3% |
| MO Altria Group Inc. | 0.56% | 100,204 | $5.2M | Reduce -0.3% |
| VCR Vanguard Consumer Discre ETF | 0.55% | 13,897 | $5.2M | Reduce -9.0% |
| IXG iShares Global Financials Et | 0.55% | 53,615 | $5.2M | Reduce -7.3% |
| SDY SS SPDR S&P Dividend ETF | 0.53% | 37,709 | $5.0M | Reduce -12.0% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.52% | 56,463 | $4.9M | Reduce -3.4% |
| PEY Invesco High Yield Equity Di | 0.52% | 230,115 | $4.9M | Reduce -7.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.51% | 19,959 | $4.8M | Reduce -0.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.43% | 15,379 | $4.1M | Reduce -2.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.41% | 43,631 | $3.8M | Reduce -2.0% |
| D Dominion Energy Inc. | 0.41% | 71,017 | $3.8M | Reduce -0.8% |
| VGT Vanguard Info Tech ETF | 0.37% | 5,596 | $3.5M | Reduce -3.8% |
| PM Philip Morris International | 0.37% | 28,708 | $3.5M | Reduce -0.7% |
| VT Vanguard Tot World STK ETF | 0.36% | 29,299 | $3.4M | Reduce -3.0% |
| VIS Vanguard Industrials ETF | 0.35% | 13,135 | $3.3M | Reduce -6.7% |
| FDL First Trust Morn DVD Lead Inc. | 0.34% | 79,841 | $3.2M | Reduce -6.3% |
| LOW Lowe's Cos Inc. | 0.34% | 13,019 | $3.2M | Reduce -2.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.33% | 18,243 | $3.1M | Reduce -6.5% |
| MDY State Street SPDR S&P Midcap | 0.33% | 5,413 | $3.1M | Reduce -3.4% |
| MCD McDonald's Corp. | 0.32% | 10,317 | $3.0M | Reduce -1.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.31% | 57,780 | $3.0M | Add +0.5% |
| VWO Vanguard Ftse Emerging Marke | 0.31% | 65,580 | $2.9M | Reduce -11.3% |
| AIVL Wisdomtree US AI Enhanced Va | 0.30% | 26,333 | $2.8M | Reduce -3.6% |
| XLE SS Energy Select Sector | 0.27% | 30,287 | $2.6M | Reduce -6.0% |
| DON Wisdomtree US Midcap Dividen | 0.24% | 44,838 | $2.3M | Reduce -13.4% |
| IWF iShares Russell 1000 Growth | 0.23% | 5,439 | $2.2M | Reduce -4.0% |
| AMZN Amazon.com Inc. | 0.23% | 9,802 | $2.2M | Reduce -3.6% |
| DES Wisdomtree US Smallcap Divid | 0.21% | 59,063 | $2.0M | Reduce -3.9% |
| XLC SS Comm Select Sector SPDR | 0.20% | 19,991 | $1.9M | Reduce -1.6% |
| NEU Newmarket Corp. | 0.20% | 3,596 | $1.9M | No change |
| VDE Vanguard Energy ETF | 0.16% | 12,739 | $1.5M | Reduce -0.1% |
| SGOV iShares 0-3 Month Treasury B | 0.15% | 14,315 | $1.4M | Reduce -0.0% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.14% | 39,799 | $1.4M | Add +5.7% |
| KO The Coca-Cola Co. | 0.14% | 20,896 | $1.3M | Reduce -3.7% |
| RSP Invesco S&P 500 Equal Weight | 0.13% | 7,269 | $1.3M | Reduce -0.2% |
| VHT Vanguard Health Care ETF | 0.13% | 4,910 | $1.2M | Reduce -32.5% |
| LRCX Lam Research Corp. | 0.12% | 15,870 | $1.1M | No change |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.12% | 13,072 | $1.1M | Add +0.5% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.12% | 13,760 | $1.1M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 2,061 | $1.1M | Reduce -7.9% |
| ITA iShares U.S. Aerospace & Def | 0.11% | 6,870 | $999K | No change |
| PRAA Pra Group Inc. | 0.10% | 46,699 | $976K | No change |
| SHV iShares 0-1 Year Treasury Bo | 0.10% | 8,798 | $969K | Add +0.1% |
| TFC Truist Financial Corp. | 0.10% | 22,030 | $956K | Reduce -8.0% |
| GOOGL Alphabet Inc. Class A | 0.09% | 4,535 | $858K | Reduce -2.6% |
| ABBV Abbvie Inc. | 0.09% | 4,785 | $850K | Reduce -0.0% |
| MA Mastercard Inc. Class A | 0.09% | 1,596 | $840K | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.09% | 1,383 | $810K | Reduce -2.9% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.08% | 2,890 | $779K | Reduce -5.0% |
| JNJ Johnson & Johnson | 0.08% | 4,937 | $714K | Reduce -1.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.07% | 2,443 | $708K | Reduce -36.0% |
| JPM JPMorgan Chase & Co. | 0.07% | 2,871 | $688K | Reduce -19.1% |
| VDC Vanguard Consumer Staple ETF | 0.07% | 3,251 | $687K | Reduce -42.3% |
| ITOT iShares Core S&P Total U.S. | 0.07% | 5,193 | $668K | Reduce -0.3% |
| OEF iShares S&P 100 ETF | 0.07% | 2,258 | $652K | No change |
| AUB Atlantic Union Bankshares Co. | 0.07% | 16,925 | $641K | Reduce -2.3% |
| SCHD Schwab US DVD Equity ETF | 0.07% | 22,638 | $618K | Reduce -0.8% |
| NSC Norfolk Southern Corp. | 0.07% | 2,635 | $618K | Add +19.7% |
| UNH Unitedhealth Group Inc. | 0.06% | 1,211 | $613K | No change |
| LLY Eli Lilly & Co. | 0.06% | 744 | $574K | Reduce -33.2% |
| PEP Pepsico Inc. | 0.06% | 3,777 | $574K | Reduce -14.7% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.06% | 6,204 | $561K | Add +0.7% |
| TSLA Tesla Inc. | 0.05% | 1,225 | $495K | Reduce -2.5% |
| DUK Duke Energy Corp. | 0.05% | 4,528 | $488K | Reduce -0.1% |
| VFH Vanguard Financials ETF | 0.05% | 4,108 | $485K | Reduce -2.6% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 86 | $2K | No change |
Total filed on the 13F, all lines: $943.9M.
Portfolio Sells Q3 2024 → Q4 2024
| VEA Vanguard Ftse Developed ETF | Reduce -3.8% | 2.50% | −0.26 |
| IVE iShares S&P 500 Value ETF | Reduce -5.4% | 4.15% | −0.21 |
| EFA iShares MSCI Eafe ETF | Reduce -2.7% | 2.04% | −0.19 |
| XLV SS Health Care Select Sector | Reduce -4.0% | 1.29% | −0.16 |
| SDY SS SPDR S&P Dividend ETF | Reduce -12.0% | 0.53% | −0.09 |
| VHT Vanguard Health Care ETF | Reduce -32.5% | 0.13% | −0.08 |
| EEM iShares MSCI Emerging Market | Reduce -3.7% | 0.69% | −0.07 |
| IJH iShares Core S&P Midcap ETF | Reduce -6.2% | 2.60% | −0.06 |
| GLD SPDR Gold Shares | Reduce -79.5% | 0.02% | −0.06 |
| VYM Vanguard High DVD Yield ETF | Reduce -6.3% | 2.01% | −0.06 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -5.8% | 1.92% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -2.1% | 0.69% | −0.06 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -11.3% | 0.31% | −0.05 |
| VDC Vanguard Consumer Staple ETF | Reduce -42.3% | 0.07% | −0.05 |
| STLD Steel Dynamics Inc. | Sold out | 0.00% | −0.05 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -5.7% | 0.99% | −0.05 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.05 |
| XLP SS Consumer Staples Sel Sect | Reduce -2.8% | 0.89% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -35.9% | 0.05% | −0.04 |
| LLY Eli Lilly & Co. | Reduce -33.2% | 0.06% | −0.04 |
| PEY Invesco High Yield Equity Di | Reduce -7.2% | 0.52% | −0.04 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -36.0% | 0.07% | −0.04 |
| COST Costco Wholesale Corp. | Reduce -54.0% | 0.03% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -2.7% | 0.34% | −0.03 |
| DON Wisdomtree US Midcap Dividen | Reduce -13.4% | 0.24% | −0.03 |
| XLI SS Industrial Select Sector | Reduce -4.5% | 0.75% | −0.03 |
| IWM iShares Russell 2000 ETF | Reduce -5.4% | 1.53% | −0.03 |
| FDL First Trust Morn DVD Lead Inc. | Reduce -6.3% | 0.34% | −0.02 |
| KO The Coca-Cola Co. | Reduce -3.7% | 0.14% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -6.5% | 0.33% | −0.02 |
| VIS Vanguard Industrials ETF | Reduce -6.7% | 0.35% | −0.02 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -6.0% | 1.49% | −0.02 |
| D Dominion Energy Inc. | Reduce -0.8% | 0.41% | −0.02 |
| PEP Pepsico Inc. | Reduce -14.7% | 0.06% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.02 |
| VIOO Vanguard S&P Small-Cap 600 E | Reduce -59.6% | 0.01% | −0.01 |
| XLE SS Energy Select Sector | Reduce -6.0% | 0.27% | −0.01 |
| SON Sonoco Products Co. | Reduce -23.0% | 0.03% | −0.01 |
| AIVL Wisdomtree US AI Enhanced Va | Reduce -3.6% | 0.30% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -22.9% | 0.04% | −0.01 |
| IXG iShares Global Financials Et | Reduce -7.3% | 0.55% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -12.1% | 0.05% | −0.01 |
| IBB iShares Biotechnology ETF | Reduce -88.4% | 0.00% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -3.0% | 1.31% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -2.9% | 0.03% | −0.01 |
| UNP Union Pacific Corp. | Reduce -75.3% | 0.00% | −0.01 |
| JNJ Johnson & Johnson | Reduce -1.3% | 0.08% | −0.01 |
| V Visa Inc. Class A | Reduce -33.9% | 0.03% | −0.01 |
| MCD McDonald's Corp. | Reduce -1.1% | 0.32% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| SUB iShares Short-Term National | Add +1.9% | 6.25% | +0.30 |
| JMST JPM Ultra-Short Muni Income | Add +0.8% | 5.52% | +0.23 |
| MUB iShares National Muni Bond E | Add +5.7% | 2.56% | +0.17 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +3.3% | 2.74% | +0.14 |
| VGSH Vanguard Short-Term Treasury | Add +1.3% | 2.08% | +0.08 |
| SPTI SS SPDR P Int Term TSY ETF | Add +3.8% | 1.04% | +0.04 |
| VGIT Vanguard Intermediate-Term T | Add +3.1% | 1.10% | +0.03 |
| ORCL Oracle Corp. | Add +0.1% | 0.56% | +0.01 |
| NSC Norfolk Southern Corp. | Add +19.7% | 0.07% | +0.01 |
| PHYS Sprott Physical Gold Trust | New | 0.01% | +0.01 |
| PSLV Sprott Physical Silver Trust | Add +125.1% | 0.01% | +0.01 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +0.2% | 0.12% | +0.01 |
| NVDA Nvidia Corp. | Add +0.0% | 0.03% | +0.00 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +0.5% | 0.12% | +0.00 |
| PLTR Palantir Technologies Inc. Class A | New | 0.00% | +0.00 |
| SHV iShares 0-1 Year Treasury Bo | Add +0.1% | 0.10% | +0.00 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.5% | 0.31% | +0.00 |
| HLTC National Healthcare Properti | New | 0.00% | +0.00 |
| SCHX Schwab US Large-Cap ETF | Add +1.0% | 0.02% | +0.00 |
| SCHK Schwab 1000 Index ETF | New | 0.00% | +0.00 |
| MGRM Monogram Technologies Inc. | New | 0.00% | +0.00 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +10.2% | 0.01% | +0.00 |
| JPIE JPMorgan Income ETF | New | 0.00% | +0.00 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +0.7% | 0.06% | +0.00 |
| SPEM State Street SP PTF Em ETF | Add +5.1% | 0.05% | +0.00 |
| FLXR TCW Flexible Income ETF | New | 0.00% | +0.00 |
| JEPI JPMorgan Equity Premium Inco | Add +28.5% | 0.00% | +0.00 |
| XLB SS Materials Select Sector | Add +81.9% | 0.00% | +0.00 |
| DIVO Amplify CWP Enhan Divid ETF | Add +33.2% | 0.00% | +0.00 |
| JEPQ JPM Nasdaq Equity Premium | Add +15.8% | 0.00% | +0.00 |
| FTGC First Trust Global Tactical | Add +35.2% | 0.00% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +4.0% | 0.01% | +0.00 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +35.3% | 0.00% | +0.00 |
| COP Conocophillips | Add +13.7% | 0.00% | +0.00 |
| PDBC Invesco Optimum Yield Divers | Add +33.0% | 0.00% | +0.00 |
| IEFA iShares Core MSCI Eafe ETF | Add +10.4% | 0.01% | +0.00 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +28.0% | 0.00% | +0.00 |
| IBIT iShares Bitcoin Trust ETF | Add +4.6% | 0.00% | +0.00 |
| SCHA Schwab US Small-Cap ETF | Add +3.4% | 0.00% | +0.00 |
| SCHI Schwab 5-10 Year Corporate B | New | 0.00% | +0.00 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Add +47.2% | 0.00% | +0.00 |
| SCHF Schwab Intl Equity ETF | Add +937.5% | 0.00% | +0.00 |
| EFV iShares MSCI Eafe Value ETF | New | 0.00% | +0.00 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.00% | +0.00 |
| JPIB JPMorgan Intl BND ETF | New | 0.00% | +0.00 |
| SPHY SS SPDR P High Yield ETF | New | 0.00% | +0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +1133.3% | 0.00% | +0.00 |
| IVOG Vanguard S&P Mid-Cap 400 Gro | Add +3.1% | 0.00% | +0.00 |
| VMBS Vanguard Mortgage-Backed Sec | New | 0.00% | +0.00 |
| HAUZ Xtrackers Intl Real Estate | New | 0.00% | +0.00 |
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 |