Salomon & Ludwin, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 29, 2025), Salomon & Ludwin, LLC reported 1,120 stock positions worth $1.0 billion. Its top holding was iShares S&P 500 Growth ETF (IVW) at 7.2% of the portfolio, followed by iShares Short-Term National (SUB, 6.3%) and SS Technology Select Sector (XLK, 5.5%). Compared with Q1 2025, it opened 419 new positions, sold out of 15, added to 173 and reduced 139. The biggest buy was SS Technology Select Sector (XLK, shares +0%) and the biggest sale JPM Ultra-Short Muni Income (JMST, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- RICHMOND, VA
- CIK
- 0001766156
- Portfolio Value
- $1.0B (Q2 2025)
- SEC Filing
- 0001766156-25-000007 ↗ filed Jul 29, 2025
Holdings Value
Holdings 1,120 stocks · $1.0B
| IVW iShares S&P 500 Growth ETF | 7.16% | 660,026 | $72.4M | Reduce -4.0% |
| SUB iShares Short-Term National | 6.29% | 599,247 | $63.7M | Add +2.9% |
| XLK SS Technology Select Sector | 5.52% | 220,137 | $55.9M | Add +0.1% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 5.10% | 1,016,754 | $51.7M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 4.82% | 85,491 | $48.8M | Reduce -4.0% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 4.67% | 516,941 | $47.3M | Add +3.6% |
| IVE iShares S&P 500 Value ETF | 3.83% | 196,493 | $38.8M | Reduce -1.1% |
| MSFT Microsoft Corp. | 2.85% | 58,703 | $28.8M | Reduce -4.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.70% | 44,113 | $27.4M | Reduce -1.4% |
| VEA Vanguard Ftse Developed ETF | 2.68% | 474,437 | $27.1M | Reduce -3.0% |
| VTEB Vanguard Tax-Exempt Bond ETF | 2.65% | 546,685 | $26.8M | Add +2.0% |
| MUB iShares National Muni Bond E | 2.51% | 243,456 | $25.4M | Add +2.6% |
| IJH iShares Core S&P Midcap ETF | 2.33% | 371,554 | $23.6M | Reduce -3.7% |
| VGSH Vanguard Short-Term Treasury | 2.16% | 373,457 | $21.9M | Add +5.1% |
| EFA iShares MSCI Eafe ETF | 2.15% | 242,856 | $21.7M | Reduce -1.2% |
| VYM Vanguard High DVD Yield ETF | 1.85% | 138,867 | $18.7M | Reduce -3.9% |
| IJK iShares S&P Mid-Cap 400 Grow | 1.72% | 188,339 | $17.4M | Reduce -2.6% |
| XLY SS Consumer Disc Select Sect | 1.68% | 77,131 | $17.0M | Reduce -0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.57% | 36,304 | $15.9M | Reduce -7.9% |
| IWM iShares Russell 2000 ETF | 1.51% | 69,110 | $15.3M | Add +2.0% |
| XLF SS Financial Select Sector | 1.34% | 258,343 | $13.6M | Add +3.4% |
| IJJ iShares S&P Mid-Cap 400 Valu | 1.32% | 105,218 | $13.4M | Reduce -2.9% |
| AAPL Apple Inc. | 1.30% | 61,966 | $13.2M | Add +0.1% |
| XLV SS Health Care Select Sector | 1.28% | 95,313 | $12.9M | Add +1.2% |
| VGIT Vanguard Intermediate-Term T | 1.25% | 212,690 | $12.6M | Add +8.2% |
| SPTI SS SPDR P Int Term TSY ETF | 1.19% | 420,359 | $12.0M | Add +8.2% |
| IJR iShares Core S&P Small-Cap E | 1.14% | 103,044 | $11.6M | Reduce -2.5% |
| SHY iShares 1-3 Year Treasury Bo | 1.10% | 134,880 | $11.1M | Add +11.2% |
| XLP SS Consumer Staples Sel Sect | 0.92% | 112,862 | $9.3M | Reduce -0.4% |
| IJT iShares S&P Small-Cap 600 GR | 0.88% | 66,020 | $8.9M | Reduce -2.0% |
| XLI SS Industrial Select Sector | 0.85% | 57,999 | $8.6M | Add +2.8% |
| IVV iShares Core S&P 500 ETF | 0.83% | 13,436 | $8.4M | Reduce -1.2% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.81% | 85,878 | $8.2M | Add +67.6% |
| ORCL Oracle Corp. | 0.73% | 31,964 | $7.4M | No change |
| EEM iShares MSCI Emerging Market | 0.71% | 148,081 | $7.2M | Reduce -2.1% |
| IEMG iShares Core MSCI Emerging | 0.70% | 118,237 | $7.1M | Reduce -3.6% |
| MO Altria Group Inc. | 0.59% | 100,481 | $5.9M | Reduce -0.3% |
| IXG iShares Global Financials Et | 0.56% | 50,546 | $5.6M | Reduce -5.6% |
| SDY SS SPDR S&P Dividend ETF | 0.51% | 37,131 | $5.1M | Reduce -0.7% |
| VCR Vanguard Consumer Discre ETF | 0.51% | 13,990 | $5.1M | Reduce -2.5% |
| PM Philip Morris International | 0.48% | 27,500 | $4.8M | Reduce -6.5% |
| IJS iShares S&P Small-Cap 600 Va | 0.47% | 46,212 | $4.8M | Reduce -1.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.46% | 19,373 | $4.7M | Reduce -0.3% |
| PEY Invesco High Yield Equity Di | 0.46% | 219,659 | $4.7M | Reduce -3.0% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.44% | 54,186 | $4.5M | Reduce -3.3% |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.43% | 105,692 | $4.3M | Add +41.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.42% | 14,948 | $4.2M | Reduce -0.4% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.42% | 79,406 | $4.2M | Add +12.5% |
| D Dominion Energy Inc. | 0.39% | 68,679 | $3.9M | Reduce -4.8% |
| VIS Vanguard Industrials ETF | 0.38% | 13,675 | $3.9M | Reduce -3.3% |
| VT Vanguard Tot World STK ETF | 0.37% | 28,894 | $3.7M | Reduce -1.9% |
| VGT Vanguard Info Tech ETF | 0.36% | 5,494 | $3.7M | Reduce -1.1% |
| MDY State Street SPDR S&P Midcap | 0.35% | 6,199 | $3.6M | Reduce -0.3% |
| FDL First Trust Morn DVD Lead Inc. | 0.34% | 78,961 | $3.4M | Reduce -0.7% |
| VWO Vanguard Ftse Emerging Marke | 0.31% | 62,992 | $3.1M | Reduce -0.4% |
| MCD McDonald's Corp. | 0.31% | 10,534 | $3.1M | Reduce -0.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.30% | 16,803 | $3.0M | Reduce -1.4% |
| AIVL Wisdomtree US AI Enhanced Va | 0.29% | 26,116 | $3.0M | Reduce -0.5% |
| XLE SS Energy Select Sector | 0.29% | 33,586 | $2.9M | Add +3.1% |
| LOW Lowe's Cos Inc. | 0.29% | 12,740 | $2.9M | Reduce -0.6% |
| XLC SS Comm Select Sector SPDR | 0.27% | 25,237 | $2.7M | Add +16.9% |
| NEU Newmarket Corp. | 0.26% | 3,596 | $2.6M | No change |
| IWF iShares Russell 1000 Growth | 0.24% | 5,720 | $2.4M | Add +6.1% |
| AMZN Amazon.com Inc. | 0.23% | 10,499 | $2.3M | Add +3.4% |
| DON Wisdomtree US Midcap Dividen | 0.22% | 44,141 | $2.3M | Reduce -0.8% |
| DES Wisdomtree US Smallcap Divid | 0.19% | 57,916 | $1.9M | Reduce -1.3% |
| VDE Vanguard Energy ETF | 0.16% | 13,421 | $1.6M | Reduce -3.9% |
| RSP Invesco S&P 500 Equal Weight | 0.16% | 8,654 | $1.6M | Add +9.4% |
| LRCX Lam Research Corp. | 0.15% | 15,790 | $1.6M | Reduce -0.5% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.15% | 17,197 | $1.5M | Add +11.2% |
| KO The Coca-Cola Co. | 0.15% | 20,821 | $1.5M | No change |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.14% | 17,870 | $1.5M | Add +11.9% |
| SPEM State Street SP PTF Em ETF | 0.14% | 33,754 | $1.5M | Add +46.3% |
| JPM JPMorgan Chase & Co. | 0.14% | 4,905 | $1.4M | Reduce -2.1% |
| VHT Vanguard Health Care ETF | 0.13% | 5,109 | $1.3M | Reduce -1.2% |
| ITA iShares U.S. Aerospace & Def | 0.13% | 6,870 | $1.3M | No change |
| SGOV iShares 0-3 Month Treasury B | 0.12% | 11,671 | $1.2M | Reduce -18.0% |
| GOOGL Alphabet Inc. Class A | 0.11% | 6,058 | $1.1M | Add +3.9% |
| META Meta Platforms Inc. Class A | 0.10% | 1,443 | $1.0M | Add +4.3% |
| TFC Truist Financial Corp. | 0.10% | 21,695 | $977K | Reduce -0.2% |
| MA Mastercard Inc. Class A | 0.09% | 1,656 | $930K | Add +3.8% |
| ABBV Abbvie Inc. | 0.09% | 4,782 | $912K | No change |
| CL Colgate-Palmolive Co. | 0.09% | 9,763 | $902K | Add +840.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.09% | 1,631 | $898K | Reduce -21.8% |
| LLY Eli Lilly & Co. | 0.09% | 1,119 | $872K | Reduce -1.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.08% | 2,568 | $785K | Add +5.1% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.08% | 8,647 | $781K | Add +12.2% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 2,632 | $753K | No change |
| JNJ Johnson & Johnson | 0.07% | 4,695 | $730K | Reduce -4.2% |
| SHV iShares 0-1 Year Treasury Bo | 0.07% | 6,592 | $725K | Reduce -3.1% |
| PRAA Pra Group Inc. | 0.07% | 46,699 | $718K | No change |
| NSC Norfolk Southern Corp. | 0.07% | 2,634 | $690K | No change |
| OEF iShares S&P 100 ETF | 0.07% | 2,258 | $690K | No change |
| ITOT iShares Core S&P Total U.S. | 0.07% | 4,971 | $675K | Reduce -22.2% |
| XOM Exxon Mobil Corp. | 0.07% | 5,948 | $661K | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.06% | 2,262 | $611K | Add +15.4% |
| VDC Vanguard Consumer Staple ETF | 0.06% | 2,720 | $604K | Reduce -0.1% |
| AMAT Applied Materials Inc. | 0.06% | 3,130 | $595K | Add +2307.7% |
| SCHD Schwab US DVD Equity ETF | 0.06% | 21,374 | $584K | Reduce -4.9% |
| TSLA Tesla Inc. | 0.06% | 1,808 | $571K | Add +57.1% |
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 | 98 | $2K | Add +13.9% |
Total filed on the 13F, all lines: $1.0B.
Portfolio Sells Q1 2025 → Q2 2025
| JMST JPM Ultra-Short Muni Income | Reduce -0.1% | 5.10% | −0.41 |
| IVE iShares S&P 500 Value ETF | Reduce -1.1% | 3.83% | −0.20 |
| VYM Vanguard High DVD Yield ETF | Reduce -3.9% | 1.85% | −0.13 |
| IJH iShares Core S&P Midcap ETF | Reduce -3.7% | 2.33% | −0.07 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.4% | 0.92% | −0.07 |
| VOO Vanguard S&P 500 ETF | Reduce -4.0% | 4.82% | −0.06 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -2.9% | 1.32% | −0.06 |
| PEY Invesco High Yield Equity Di | Reduce -3.0% | 0.46% | −0.06 |
| MO Altria Group Inc. | Reduce -0.3% | 0.59% | −0.06 |
| MCD McDonald's Corp. | Reduce -0.1% | 0.31% | −0.04 |
| D Dominion Energy Inc. | Reduce -4.8% | 0.39% | −0.04 |
| SGOV iShares 0-3 Month Treasury B | Reduce -18.0% | 0.12% | −0.04 |
| IJR iShares Core S&P Small-Cap E | Reduce -2.5% | 1.14% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -0.6% | 0.29% | −0.03 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.7% | 0.51% | −0.03 |
| IXG iShares Global Financials Et | Reduce -5.6% | 0.56% | −0.03 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Sold out | 0.00% | −0.03 |
| FDL First Trust Morn DVD Lead Inc. | Reduce -0.7% | 0.34% | −0.03 |
| VDE Vanguard Energy ETF | Reduce -3.9% | 0.16% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -0.6% | 0.04% | −0.03 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -3.3% | 0.44% | −0.02 |
| BAC Bank of America Corp. | Reduce -75.4% | 0.01% | −0.02 |
| VHT Vanguard Health Care ETF | Reduce -1.2% | 0.13% | −0.02 |
| PM Philip Morris International | Reduce -6.5% | 0.48% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -57.4% | 0.01% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -8.2% | 0.03% | −0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -1.4% | 0.30% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -22.2% | 0.07% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -21.8% | 0.09% | −0.02 |
| JNJ Johnson & Johnson | Reduce -4.2% | 0.07% | −0.01 |
| LLY Eli Lilly & Co. | Reduce -1.8% | 0.09% | −0.01 |
| AIVL Wisdomtree US AI Enhanced Va | Reduce -0.5% | 0.29% | −0.01 |
| PG The Procter & Gamble Co. | Reduce -14.6% | 0.04% | −0.01 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -1.1% | 0.47% | −0.01 |
| PEP Pepsico Inc. | Reduce -7.0% | 0.05% | −0.01 |
| BSVO EA Bridgeway Omni Sm-Cp Val | Sold out | 0.00% | −0.01 |
| DES Wisdomtree US Smallcap Divid | Reduce -1.3% | 0.19% | −0.01 |
| IJT iShares S&P Small-Cap 600 GR | Reduce -2.0% | 0.88% | −0.01 |
| DON Wisdomtree US Midcap Dividen | Reduce -0.8% | 0.22% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -0.3% | 0.07% | −0.01 |
| DUK Duke Energy Corp. | Reduce -6.2% | 0.05% | −0.01 |
| SCHD Schwab US DVD Equity ETF | Reduce -4.9% | 0.06% | −0.01 |
| PHM Pultegroup Inc. | Sold out | 0.00% | −0.01 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -3.1% | 0.07% | −0.01 |
| AVDV Avantis Intl S/C Value ETF | Sold out | 0.00% | −0.01 |
| IDEV iShares Core MSCI Dev MKTS | Sold out | 0.00% | −0.01 |
| VRT Vertiv Holdings Co. Class A | Sold out | 0.00% | −0.01 |
| SON Sonoco Products Co. | Reduce -17.7% | 0.02% | −0.01 |
| X United States Steel Corp. | Sold out | 0.00% | −0.01 |
| ETR Entergy Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| XLK SS Technology Select Sector | Add +0.1% | 5.52% | +0.68 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +41.9% | 0.43% | +0.14 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +67.6% | 0.81% | +0.12 |
| CL Colgate-Palmolive Co. | Add +840.6% | 0.09% | +0.08 |
| IWM iShares Russell 2000 ETF | Add +2.0% | 1.51% | +0.07 |
| XLI SS Industrial Select Sector | Add +2.8% | 0.85% | +0.06 |
| AMAT Applied Materials Inc. | Add +2307.7% | 0.06% | +0.06 |
| SPEM State Street SP PTF Em ETF | Add +46.3% | 0.14% | +0.05 |
| XLC SS Comm Select Sector SPDR | Add +16.9% | 0.27% | +0.05 |
| IBIT iShares Bitcoin Trust ETF | Add +682.4% | 0.05% | +0.04 |
| CWST Casella Waste Systems Inc. Class A | New | 0.03% | +0.03 |
| IWF iShares Russell 1000 Growth | Add +6.1% | 0.24% | +0.03 |
| SHY iShares 1-3 Year Treasury Bo | Add +11.2% | 1.10% | +0.03 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +12.5% | 0.42% | +0.03 |
| AVGO Broadcom Inc. | Add +15.4% | 0.06% | +0.03 |
| TSLA Tesla Inc. | Add +57.1% | 0.06% | +0.02 |
| AMZN Amazon.com Inc. | Add +3.4% | 0.23% | +0.02 |
| MDYG SS SPDR S&P 400 MC GR ETF | Add +11.2% | 0.15% | +0.02 |
| XLF SS Financial Select Sector | Add +3.4% | 1.34% | +0.02 |
| META Meta Platforms Inc. Class A | Add +4.3% | 0.10% | +0.02 |
| IBM Intl Business Machines Corp. | Add +43.9% | 0.05% | +0.02 |
| NVDA Nvidia Corp. | Add +18.9% | 0.04% | +0.02 |
| MDYV SS SPDR S&P 400 MC Val ETF | Add +11.9% | 0.14% | +0.01 |
| CIBR First Trust Nasdaq Cybersecu | Add +1738.9% | 0.01% | +0.01 |
| RSP Invesco S&P 500 Equal Weight | Add +9.4% | 0.16% | +0.01 |
| MAGS Roundhill Magnificent Seven | New | 0.01% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +3.9% | 0.11% | +0.01 |
| COKE Coca-Cola Consolidated Inc. | Add +402.8% | 0.01% | +0.01 |
| AMLP Alerian MLP ETF | New | 0.01% | +0.01 |
| GE General Electric | Add +22.5% | 0.03% | +0.01 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +12.2% | 0.08% | +0.01 |
| GLDM SPDR Gold Minishares Trust | Add +86.1% | 0.02% | +0.01 |
| DIS The Walt Disney Co. | Add +2.9% | 0.05% | +0.01 |
| LTPZ PIMCO 15+ YR US Tips Indx | New | 0.01% | +0.01 |
| SMH Vaneck Semiconductor ETF | Add +66.7% | 0.01% | +0.01 |
| BN Brookfield Corp. | New | 0.01% | +0.01 |
| AXP American Express Co. | Add +42.0% | 0.02% | +0.01 |
| PLTR Palantir Technologies Inc. Class A | Add +60.0% | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +5.1% | 0.08% | +0.01 |
| RSPG Invesco S&P 500 Equal Weight | New | 0.01% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +35.4% | 0.02% | +0.01 |
| AJG Arthur J Gallagher & Co. | New | 0.00% | +0.00 |
| HAS Hasbro Inc. | Add +3.1% | 0.03% | +0.00 |
| UNP Union Pacific Corp. | Add +217.4% | 0.01% | +0.00 |
| ACN Accenture PLC Class A | Add +141.0% | 0.01% | +0.00 |
| SPTI SS SPDR P Int Term TSY ETF | Add +8.2% | 1.19% | +0.00 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +33.7% | 0.04% | +0.00 |
| COF Capital One Financial Corp. | Add +7.5% | 0.02% | +0.00 |
| ECL Ecolab Inc. | New | 0.00% | +0.00 |
| ETN Eaton Corp. PLC | Add +142.3% | 0.01% | +0.00 |
Notes & Other Activity Q1 2025 → Q2 2025
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +13.9% | 98 | $2K |
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 |