Salomon & Ludwin, LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 11, 2026), Salomon & Ludwin, LLC reported 2,096 stock positions worth $1.1 billion. Its top holding was iShares Short-Term National (SUB) at 6.8% of the portfolio, followed by iShares S&P 500 Growth ETF (IVW, 6.1%) and JPM Ultra-Short Muni Income (JMST, 5.4%). Compared with Q4 2025, it opened 78 new positions, sold out of 124, added to 755 and reduced 558. The biggest buy was iShares Short-Term National (SUB, shares +7%) and the biggest sale iShares S&P 500 Growth ETF (IVW, shares −2%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0001766156
Portfolio Value
$1.1B (Q1 2026)
SEC Filing
0001766156-26-000003 ↗ filed May 11, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $1.2B Q1 2024 Q2 2024: $895.9M Q2 2024 Q3 2024: $981.9M Q3 2024 Q4 2024: $943.9M Q4 2024 Q1 2025: $938.2M Q1 2025 Q2 2025: $1.0B Q2 2025 Q3 2025: $1.1B Q3 2025 Q4 2025: $1.1B Q4 2025 Q1 2026: $1.1B $1.1B Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 2,096 stocks · $1.1B
SUB iShares Short-Term National 6.81% 711,088 $76.3M Add +7.2%
IVW iShares S&P 500 Growth ETF 6.13% 598,490 $68.6M Reduce -2.3%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 5.44% 1,189,881 $60.9M Add +1.5%
XLK SS Technology Select Sector 5.22% 433,297 $58.5M Add +2.2%
BIL SS SPDR BB 1-3M T-Bill ETF 4.33% 529,388 $48.5M Reduce -0.3%
VOO Vanguard S&P 500 ETF 4.19% 77,778 $46.9M Reduce -3.9%
IVE iShares S&P 500 Value ETF 3.52% 186,041 $39.4M Reduce -2.1%
VTEB Vanguard Tax-Exempt Bond ETF 2.55% 564,104 $28.5M Add +9.5%
SPY SS SPDR S&P 500 ETF Trust-US 2.49% 42,526 $27.9M Reduce -0.3%
VEA Vanguard Ftse Developed ETF 2.46% 425,654 $27.5M Reduce -6.4%
MUB iShares National Muni Bond E 2.32% 241,317 $26.0M Add +12.1%
VGSH Vanguard Short-Term Treasury 2.26% 431,303 $25.3M Add +6.8%
IJH iShares Core S&P Midcap ETF 2.15% 352,625 $24.0M Reduce -2.1%
MSFT Microsoft Corp. 2.05% 61,565 $23.0M Reduce -1.0%
EFA iShares MSCI Eafe ETF 1.85% 211,726 $20.7M Reduce -6.8%
VYM Vanguard High DVD Yield ETF 1.74% 131,531 $19.5M Reduce -1.2%
IWM iShares Russell 2000 ETF 1.60% 71,366 $17.9M Reduce -0.9%
IJK iShares S&P Mid-Cap 400 Grow 1.59% 174,596 $17.8M Reduce -3.7%
AAPL Apple Inc. 1.59% 69,405 $17.8M Reduce -0.4%
XLY SS Consumer Disc Select Sect 1.50% 157,117 $16.8M Add +1.0%
VGIT Vanguard Intermediate-Term T 1.39% 260,470 $15.6M Add +11.1%
VUG Vanguard Mrngstar GR ETF-Sui 1.35% 34,238 $15.1M Reduce -0.7%
SPTI SS SPDR P Int Term TSY ETF 1.33% 515,830 $14.8M Add +11.7%
XLV SS Health Care Select Sector 1.31% 100,550 $14.6M Add +1.8%
SHY iShares 1-3 Year Treasury Bo 1.27% 170,913 $14.2M Add +12.1%
XLF SS Financial Select Sector 1.24% 282,115 $13.9M Add +3.1%
IJJ iShares S&P Mid-Cap 400 Valu 1.15% 96,489 $12.9M Reduce -4.4%
IJR iShares Core S&P Small-Cap E 1.05% 93,511 $11.7M Reduce -4.9%
XLI SS Industrial Select Sector 0.86% 59,235 $9.6M Reduce -1.0%
XLP SS Consumer Staples Sel Sect 0.83% 114,371 $9.3M Reduce -0.5%
SPDW Ste STR SPDR PT DW Eu ETF 0.82% 199,594 $9.2M Add +10.7%
IJT iShares S&P Small-Cap 600 GR 0.82% 62,236 $9.1M Reduce -2.0%
IVV iShares Core S&P 500 ETF 0.72% 12,265 $8.1M Reduce -0.7%
SPYG SS SPDR P S&P 500 Growth ETF 0.70% 78,798 $7.8M Reduce -6.3%
IEMG iShares Core MSCI Emerging 0.69% 111,871 $7.8M Reduce -2.8%
EEM iShares MSCI Emerging Market 0.69% 136,718 $7.7M Reduce -3.7%
MO Altria Group Inc. 0.60% 101,641 $6.7M Add +0.2%
IXG iShares Global Financials Et 0.51% 50,016 $5.7M Reduce -0.4%
SPYV SS SPDR P S&P 500 Value ETF 0.48% 95,478 $5.4M Add +2.2%
SDY SS SPDR S&P Dividend ETF 0.46% 35,002 $5.1M Reduce -0.9%
IJS iShares S&P Small-Cap 600 Va 0.45% 41,970 $5.0M Reduce -4.7%
SLYV SS SPDR S&P 600 SC Val ETF 0.44% 52,255 $5.0M Reduce -2.1%
VCR Vanguard Consumer Discre ETF 0.44% 13,822 $4.9M Reduce -0.5%
ORCL Oracle Corp. 0.43% 32,748 $4.8M Add +0.8%
VB Vanguard Most SM-Cap ETF-Usd 0.42% 17,743 $4.7M Reduce -4.3%
PEY Invesco High Yield Equity Di 0.40% 205,185 $4.4M Reduce -0.7%
PM Philip Morris International 0.39% 27,901 $4.4M Reduce -0.1%
XLE SS Energy Select Sector 0.38% 72,276 $4.3M Reduce -1.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.38% 14,715 $4.3M Reduce -0.6%
D Dominion Energy Inc. 0.38% 67,745 $4.3M Reduce -0.5%
VIS Vanguard Industrials ETF 0.36% 12,767 $4.0M Reduce -3.9%
XLC SS Comm Select Sector SPDR 0.35% 35,739 $4.0M Add +8.8%
VT Vanguard Tot World STK ETF 0.35% 28,258 $3.9M Reduce -4.0%
FDL First Trust Morn DVD Lead Inc. 0.33% 73,717 $3.7M Reduce -0.9%
VGT Vanguard Info Tech ETF 0.32% 5,082 $3.6M Add +0.0%
MDY State Street SPDR S&P Midcap 0.32% 5,738 $3.6M Reduce -2.3%
LRCX Lam Research Corp. 0.32% 16,189 $3.5M No change
VWO Vanguard Ftse Emerging Marke 0.29% 60,016 $3.2M Reduce -3.4%
AMZN Amazon.com Inc. 0.29% 15,335 $3.2M Reduce -1.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.28% 16,080 $3.2M Reduce -1.5%
LOW Lowe's Cos Inc. 0.27% 13,181 $3.0M Add +1.5%
AIVL Wisdomtree US AI Enhanced Va 0.27% 25,283 $3.0M Reduce -0.8%
MCD McDonald's Corp. 0.26% 9,658 $3.0M Reduce -1.8%
SPEM State Street SP PTF Em ETF 0.23% 56,308 $2.6M Add +10.8%
NVDA Nvidia Corp. 0.22% 13,748 $2.4M Reduce -0.6%
NEU Newmarket Corp. 0.21% 3,740 $2.4M No change
IWF iShares Russell 1000 Growth 0.21% 5,368 $2.3M Reduce -1.4%
GOOGL Alphabet Inc. Class A 0.20% 7,530 $2.2M Reduce -0.4%
VDE Vanguard Energy ETF 0.19% 12,705 $2.1M Reduce -4.8%
DON Wisdomtree US Midcap Dividen 0.18% 38,946 $2.1M Reduce -3.0%
DES Wisdomtree US Smallcap Divid 0.17% 52,401 $1.9M Reduce -2.2%
MDYG SS SPDR S&P 400 MC GR ETF 0.16% 18,574 $1.8M Add +2.1%
KO The Coca-Cola Co. 0.15% 21,902 $1.7M Reduce -0.0%
MDYV SS SPDR S&P 400 MC Val ETF 0.15% 19,130 $1.6M Add +1.8%
JNJ Johnson & Johnson 0.15% 6,746 $1.6M Reduce -0.1%
LLY Eli Lilly & Co. 0.14% 1,691 $1.6M Reduce -5.6%
RSP Invesco S&P 500 Equal Weight 0.14% 8,024 $1.5M Add +0.8%
ITA iShares U.S. Aerospace & Def 0.14% 6,870 $1.5M No change
JPM JPMorgan Chase & Co. 0.13% 4,844 $1.4M Reduce -8.4%
META Meta Platforms Inc. Class A 0.13% 2,472 $1.4M Add +4.4%
VHT Vanguard Health Care ETF 0.12% 4,921 $1.3M Reduce -0.8%
AVGO Broadcom Inc. 0.12% 4,151 $1.3M Add +2.6%
GOOG Alphabet Inc. Class C 0.12% 4,402 $1.3M Reduce -1.3%
VTI VG Morningstar TS MKT ETF-US 0.10% 3,621 $1.2M Reduce -1.8%
AMAT Applied Materials Inc. 0.10% 3,265 $1.1M Reduce -3.2%
ABBV Abbvie Inc. 0.10% 5,234 $1.1M Reduce -2.2%
XOM Exxon Mobil Corp. 0.09% 6,541 $1.1M Reduce -5.0%
TFC Truist Financial Corp. 0.09% 21,903 $1.0M No change
TSLA Tesla Inc. 0.09% 2,773 $1000K Reduce -3.8%
SLYG SS SPDR S&P 600 SC GR ETF 0.08% 9,538 $936K Add +3.1%
SGOV iShares 0-3 Month Treasury B 0.08% 9,088 $913K Add +0.0%
MA Mastercard Inc. Class A 0.08% 1,826 $901K Reduce -7.2%
CL Colgate-Palmolive Co. 0.08% 10,318 $878K No change
QQQ Invesco QQQ Trust Series 1 0.08% 1,440 $843K Reduce -1.4%
PRAA Pra Group Inc. 0.07% 47,030 $836K Add +0.2%
AUB Atlantic Union Bankshares Co. 0.07% 22,182 $801K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.07% 2,493 $751K Reduce -1.5%
NSC Norfolk Southern Corp. 0.07% 2,594 $747K Reduce -4.1%
OEF iShares S&P 100 ETF 0.06% 2,258 $723K No change
CVX Chevron Corp. 0.06% 3,406 $678K Reduce -3.6%

Show all 2,096 holdings

Other holdings (1): bonds, preferreds, convertibles and warrants · $4K (not counted above)
SecurityClassShares / PrincipalValueChange
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 98$4KNew

Total filed on the 13F, all lines: $1.1B.

Portfolio Sells Q4 2025 → Q1 2026
IVW iShares S&P 500 Growth ETF Reduce -2.3% 6.13% −0.57
MSFT Microsoft Corp. Reduce -1.0% 2.05% −0.55
VOO Vanguard S&P 500 ETF Reduce -3.9% 4.19% −0.34
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.7% 1.35% −0.14
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.3% 2.49% −0.10
SPYG SS SPDR P S&P 500 Growth ETF Reduce -6.3% 0.70% −0.10
IVE iShares S&P 500 Value ETF Reduce -2.1% 3.52% −0.08
AAPL Apple Inc. Reduce -0.4% 1.59% −0.06
EFA iShares MSCI Eafe ETF Reduce -6.8% 1.85% −0.06
IJJ iShares S&P Mid-Cap 400 Valu Reduce -4.4% 1.15% −0.05
VCR Vanguard Consumer Discre ETF Reduce -0.5% 0.44% −0.05
IXG iShares Global Financials Et Reduce -0.4% 0.51% −0.04
AMZN Amazon.com Inc. Reduce -1.9% 0.29% −0.03
IVV iShares Core S&P 500 ETF Reduce -0.7% 0.72% −0.03
JPM JPMorgan Chase & Co. Reduce -8.4% 0.13% −0.03
VEA Vanguard Ftse Developed ETF Reduce -6.4% 2.46% −0.03
TSLA Tesla Inc. Reduce -3.8% 0.09% −0.03
EEM iShares MSCI Emerging Market Reduce -3.7% 0.69% −0.02
LLY Eli Lilly & Co. Reduce -5.6% 0.14% −0.02
PTLC Pacer Trendpilot US Large Ca Reduce -95.9% 0.00% −0.02
IWF iShares Russell 1000 Growth Reduce -1.4% 0.21% −0.02
IJR iShares Core S&P Small-Cap E Reduce -4.9% 1.05% −0.02
MA Mastercard Inc. Class A Reduce -7.2% 0.08% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -3.4% 0.29% −0.02
VB Vanguard Most SM-Cap ETF-Usd Reduce -4.3% 0.42% −0.01
IEMG iShares Core MSCI Emerging Reduce -2.8% 0.69% −0.01
QCOM Qualcomm Inc. Reduce -9.4% 0.03% −0.01
VT Vanguard Tot World STK ETF Reduce -4.0% 0.35% −0.01
IWM iShares Russell 2000 ETF Reduce -0.9% 1.60% −0.01
GOOGL Alphabet Inc. Class A Reduce -0.4% 0.20% −0.01
NVDA Nvidia Corp. Reduce -0.6% 0.22% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -1.9% 0.05% −0.01
IJH iShares Core S&P Midcap ETF Reduce -2.1% 2.15% −0.01
GE General Electric Reduce -4.3% 0.06% −0.01
HD Home Depot Inc. Reduce -24.0% 0.03% −0.01
IBM Intl Business Machines Corp. Reduce -0.8% 0.06% −0.01
DIS The Walt Disney Co. Reduce -10.4% 0.03% −0.01
WFC Wells Fargo & Co. Reduce -2.7% 0.05% −0.01
GOOG Alphabet Inc. Class C Reduce -1.3% 0.12% −0.01
IJK iShares S&P Mid-Cap 400 Grow Reduce -3.7% 1.59% −0.01
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -39.1% 0.01% −0.01
PTNQ Pacer Trendpilot 100 ETF Sold out 0.00% −0.01
UNH Unitedhealth Group Inc. Reduce -0.8% 0.03% −0.01
SYK Stryker Corp. Reduce -65.2% 0.00% −0.01
IJS iShares S&P Small-Cap 600 Va Reduce -4.7% 0.45% −0.01
ABBV Abbvie Inc. Reduce -2.2% 0.10% −0.01
VHT Vanguard Health Care ETF Reduce -0.8% 0.12% −0.01
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -0.6% 0.38% −0.01
ARWR Arrowhead Pharmaceuticals Inc. Sold out 0.00% −0.01
PANW Palo Alto Networks Inc. Reduce -33.7% 0.01% −0.01

Portfolio Buys Q4 2025 → Q1 2026
SUB iShares Short-Term National Add +7.2% 6.81% +0.55
MUB iShares National Muni Bond E Add +12.1% 2.32% +0.28
VTEB Vanguard Tax-Exempt Bond ETF Add +9.5% 2.55% +0.25
VGSH Vanguard Short-Term Treasury Add +6.8% 2.26% +0.16
JMST JPM Ultra-Short Muni Income Add +1.5% 5.44% +0.16
SHY iShares 1-3 Year Treasury Bo Add +12.1% 1.27% +0.15
VGIT Vanguard Intermediate-Term T Add +11.1% 1.39% +0.15
SPTI SS SPDR P Int Term TSY ETF Add +11.7% 1.33% +0.15
SPDW Ste STR SPDR PT DW Eu ETF Add +10.7% 0.82% +0.12
MO Altria Group Inc. Add +0.2% 0.60% +0.09
SPEM State Street SP PTF Em ETF Add +10.8% 0.23% +0.02
COST Costco Wholesale Corp. Add +20.5% 0.05% +0.01
XLC SS Comm Select Sector SPDR Add +8.8% 0.35% +0.01
ASML ASML Holding NV-NY Reg SHS Add +47.8% 0.03% +0.01
PAYC Paycom Software Inc. Add +8380.0% 0.01% +0.01
SHEL Shell PLC-ADR Add +62.6% 0.02% +0.01
NFLX Netflix Inc. Add +10.4% 0.05% +0.01
SPYV SS SPDR P S&P 500 Value ETF Add +2.2% 0.48% +0.01
MDYG SS SPDR S&P 400 MC GR ETF Add +2.1% 0.16% +0.01
RITM Rithm Capital Corp. Add +4902.8% 0.01% +0.01
MTCH Match Group Inc. Add +14057.9% 0.01% +0.01
TMUS T-Mobile US Inc. Add +129.7% 0.01% +0.01
VZ Verizon Communications Inc. Add +6.2% 0.03% +0.01
IRDM Iridium Communications Inc. Add +4.5% 0.01% +0.01
AGX Argan Inc. New 0.01% +0.01
BP BP PLC-Spons ADR Add +22.4% 0.02% +0.01
SM SM Energy Co. Add +588.0% 0.01% +0.01
WAT Waters Corp. Add +641.7% 0.01% +0.01
LW Lamb Weston Holdings Inc. New 0.01% +0.01
MOH Molina Healthcare Inc. Add +592.8% 0.01% +0.01
VSEC Vse Corp. New 0.01% +0.01
CMWAY Commonwealth BK Aus-SP ADR Add +70.2% 0.01% +0.01
TKOMY Tokio Marine Holdings-ADR Add +149.9% 0.01% +0.01
SZLMY Swiss Life Holding-Unsp ADR Add +467.2% 0.01% +0.01
VCISY Vinci S.A.-Unspons ADR Add +218.9% 0.01% +0.01
TTE Totalenergies SE Add +37.0% 0.01% +0.01
BAESY Bae Systems PLC -Spon ADR Add +192.5% 0.01% +0.01
LTH Life Time Group Holdings Inc. New 0.01% +0.01
VIAV Viavi Solutions Inc. Add +62.2% 0.01% +0.01
LYFT LYFT Inc. Class A New 0.00% +0.00
MTSUY Mitsubishi Corp. - ADR Add +103.7% 0.01% +0.00
SLYG SS SPDR S&P 600 SC GR ETF Add +3.1% 0.08% +0.00
ESE Esco Technologies Inc. Add +63.2% 0.01% +0.00
GBERY Geberit AG-Unsp ADR Add +460.7% 0.01% +0.00
NEE Nextera Energy Inc. Add +6.7% 0.02% +0.00
RIO Rio Tinto PLC-Spon ADR Add +106.1% 0.01% +0.00
SCMWY Swisscom AG-Sponsored ADR Add +544.6% 0.01% +0.00
SNY Sanofi-ADR Add +172.8% 0.01% +0.00
ALC Alcon Inc. Add +257.7% 0.01% +0.00
HON Honeywell International Inc. Add +28.8% 0.01% +0.00

Notes & Other Activity Q4 2025 → Q1 2026
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 New 98 $4K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,115$1.2BIVW, SUB, XLK, JMST, VOO
Q1 2026 2,096$1.1BSUB, IVW, JMST, XLK, BIL
Q4 2025 2,142$1.1BIVW, SUB, XLK, JMST, VOO
Q3 2025 2,151$1.1BIVW, SUB, XLK, JMST, VOO
Q2 2025 1,120$1.0BIVW, SUB, XLK, JMST, VOO
Q1 2025 716$938.2MIVW, SUB, JMST, BIL, VOO
Q4 2024 719$943.9MIVW, SUB, JMST, VOO, XLK
Q3 2024 733$981.9MIVW, SUB, JMST, XLK, VOO
Q2 2024 734$895.9MIVW, XLK, SUB, VOO, IVE
Q1 2024 851$1.2BIVW, XLK, VOO, IVE, SUB