Salvus Wealth Management, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 12, 2024), Salvus Wealth Management, LLC reported 106 stock positions worth $146.4 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 5.2% of the portfolio, followed by Alphabet Class C (GOOG, 4.5%) and Progressive (PGR, 4.3%). Compared with Q4 2023, it sold out of 2, added to 34 and reduced 56. The biggest buy was Nvidia (NVDA, shares +2%) and the biggest sale Brookfield (BN, shares −55%).

Most Recent 13F
Q2 2026
Location
RED BANK, NJ
CIK
0001809236
Portfolio Value
$146.4M (Q1 2024)
SEC Filing
0001085146-24-001785 ↗ filed Apr 12, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $146.4M $146.4M Q1 2024 Q2 2024: $145.7M Q2 2024 Q3 2024: $162.9M Q3 2024 Q4 2024: $156.8M Q4 2024 Q1 2025: $159.5M Q1 2025 Q2 2025: $171.3M Q2 2025 Q3 2025: $179.0M Q3 2025 Q4 2025: $178.8M Q4 2025 Q1 2026: $172.0M Q1 2026 Q2 2026: $178.5M Q2 2026

Holdings 106 stocks · $146.4M
BRK.B Berkshire Hathaway Inc. Class B 5.20% 18,107 $7.6M Reduce -0.4%
GOOG Alphabet Inc. Class C 4.50% 43,295 $6.6M Reduce -20.5%
PGR Progressive Corp. 4.34% 30,698 $6.3M Reduce -0.9%
SCHW Schwab (charles) Corp. 3.73% 75,434 $5.5M Reduce -0.6%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 3.51% 33,351 $5.1M Reduce -8.4%
BKNG Booking Holdings Inc. 3.37% 1,360 $4.9M Reduce -0.9%
AXP American Express Co. 3.25% 20,916 $4.8M Reduce -1.1%
SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC 3.04% 78,434 $4.5M Reduce -1.1%
FND Floor & Decor Holdings Inc. Class A 3.04% 34,313 $4.4M Reduce -16.1%
THO Thor Industries Inc. 2.82% 35,152 $4.1M Reduce -1.0%
ADI Analog Devices Inc. 2.66% 19,717 $3.9M Reduce -0.6%
MSFT Microsoft Corp. 2.55% 8,868 $3.7M Add +4.5%
KMX Carmax Inc. 2.53% 42,514 $3.7M Reduce -0.6%
AAPL Apple Inc. 2.44% 20,801 $3.6M Reduce -0.0%
MC Moelis & Co. Class A 2.39% 61,653 $3.5M Reduce -0.8%
NVR NVR Inc. 2.27% 411 $3.3M Reduce -0.7%
AWI Armstrong World Industries 2.11% 24,864 $3.1M Reduce -1.4%
ANET Arista Networks Inc. 1.75% 8,829 $2.6M Reduce -23.4%
AMZN Amazon.com Inc. 1.56% 12,675 $2.3M Add +1.2%
MRK Merck & Co. Inc. 1.38% 15,268 $2.0M Add +0.4%
AON Aon PLC Class A 1.35% 5,914 $2.0M Reduce -0.7%
AMAT Applied Materials Inc. 1.31% 9,296 $1.9M Reduce -0.4%
BN Brookfield Corp. 1.24% 43,499 $1.8M Reduce -55.3%
MKL Markel Group Inc. 1.22% 1,171 $1.8M Reduce -0.7%
AMT American Tower Corp. 1.14% 8,480 $1.7M Reduce -1.0%
ORLY O'reilly Automotive Inc. 1.13% 1,463 $1.7M Reduce -0.4%
NVDA Nvidia Corp. 0.99% 1,609 $1.5M Add +1.9%
BLK BlackRock Finance Inc. 0.89% 1,571 $1.3M Reduce -0.1%
CCOI Cogent Communications Holdin 0.87% 19,507 $1.3M Reduce -0.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.84% 10,000 $1.2M Reduce -0.6%
GBIL Goldman Sachs Access Treasur 0.83% 12,117 $1.2M No change
NSC Norfolk Southern Corp. 0.80% 4,576 $1.2M Add +0.0%
AEM Agnico Eagle Mines Ltd. 0.76% 18,562 $1.1M No change
VZ Verizon Communications Inc. 0.75% 26,150 $1.1M Reduce -0.4%
CSCO Cisco Systems Inc. 0.74% 21,752 $1.1M Add +0.0%
CDW CDW Corp. 0.72% 4,106 $1.1M Reduce -0.7%
JNJ Johnson & Johnson 0.72% 6,625 $1.0M Add +0.1%
LLY Eli Lilly & Co. 0.71% 1,337 $1.0M Add +7.7%
CMCSA Comcast Corp. Class A 0.70% 23,593 $1.0M Reduce -0.1%
LOW Lowe's Cos Inc. 0.67% 3,872 $986K Reduce -0.1%
CVX Chevron Corp. 0.66% 6,093 $961K Add +0.1%
TXN Texas Instruments Inc. 0.64% 5,348 $932K Reduce -0.1%
L Loews Corp. 0.63% 11,808 $924K No change
ECPG Encore Capital Group Inc. 0.60% 19,213 $876K Reduce -0.7%
PAYX Paychex Inc. 0.58% 6,926 $851K Reduce -0.1%
UL Unilever PLC 0.56% 16,275 $817K Add +20.0%
CCI Crown Castle Inc. 0.55% 7,649 $809K Reduce -0.1%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.55% 67,000 $799K Add +7.2%
FAST Fastenal Co. 0.54% 10,260 $791K Reduce -0.1%
PM Philip Morris International 0.53% 8,472 $776K Add +0.1%
V Visa Inc. Class A 0.52% 2,737 $764K Add +12.2%
RH RH 0.52% 2,183 $760K Reduce -0.7%
FIS Fidelity National Info Serv 0.52% 10,226 $759K Reduce -0.1%
NFLX Netflix Inc. 0.51% 1,223 $743K Reduce -17.2%
DD Dupont DE Nemours Inc. 0.50% 9,556 $733K Add +0.3%
CINF Cincinnati Financial Corp. 0.50% 5,844 $726K Reduce -0.1%
CRM Salesforce Inc. 0.49% 2,374 $715K Reduce -0.7%
MDT Medtronic PLC 0.47% 7,949 $693K No change
MA Mastercard Inc. Class A 0.47% 1,421 $684K Add +1.5%
ENB Enbridge Inc. 0.47% 18,856 $682K Reduce -0.2%
NOW ServiceNow Inc. 0.45% 867 $661K Reduce -17.1%
SBUX Starbucks Corp. 0.44% 7,045 $644K Reduce -0.1%
APD Air Products & Chemicals Inc. 0.44% 2,650 $642K No change
UPS United Parcel Service Class B 0.44% 4,293 $638K Add +0.1%
VTI VG Morningstar TS MKT ETF-US 0.44% 2,452 $637K Reduce -21.7%
MO Altria Group Inc. 0.43% 14,338 $625K Add +0.1%
NOC Northrop Grumman Corp. 0.42% 1,291 $618K Add +0.2%
META Meta Platforms Inc. Class A 0.41% 1,238 $601K Add +0.6%
TMO Thermo Fisher Scientific Inc. 0.40% 1,006 $585K Add +65.2%
DEO Diageo PLC-Sponsored ADR 0.39% 3,808 $566K Reduce -0.0%
TRV The Travelers Cos Inc. 0.38% 2,399 $552K Reduce -0.6%
EOG EOG Resources Inc. 0.34% 3,946 $504K Add +21.2%
ABNB Airbnb Inc. Class A 0.34% 3,029 $500K Add +1.3%
EPD Enterprise Products Partners 0.34% 17,047 $497K Add +0.0%
ABT Abbott Laboratories 0.32% 4,134 $470K Add +17.0%
BAM Brookfield Asset Mgmt-A 0.31% 10,906 $458K Reduce -0.8%
D Dominion Energy Inc. 0.31% 9,311 $458K Reduce -0.1%
CTVA Corteva Inc. 0.31% 7,928 $457K Reduce -0.3%
UNH Unitedhealth Group Inc. 0.31% 903 $447K Reduce -2.1%
EQC Equity Commonwealth 0.30% 23,386 $442K No change
ACN Accenture PLC Class A 0.30% 1,268 $440K Add +1.2%
BIL SS SPDR BB 1-3M T-Bill ETF 0.29% 4,551 $418K No change
ADBE Adobe Inc. 0.28% 818 $413K Reduce -30.5%
ADSK Autodesk Inc. 0.27% 1,515 $395K Reduce -5.5%
SHEN Shenandoah Telecommunication 0.24% 20,565 $357K Reduce -0.7%
FNV Franco-Nevada Corp. 0.24% 2,895 $345K No change
NVO Novo-Nordisk A/S-Spons ADR 0.23% 2,646 $340K Add +18.6%
ZTS Zoetis Inc. 0.23% 1,967 $333K Add +40.1%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.23% 3,833 $330K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.22% 629 $329K Add +9.4%
ASTS Ast Spacemobile Inc. 0.22% 112,519 $326K Reduce -0.6%
GD General Dynamics Corp. 0.21% 1,068 $302K No change
IT Gartner Inc. 0.20% 627 $299K Reduce -5.6%
INTC Intel Corp. 0.20% 6,765 $299K No change
ET Energy Transfer LP 0.20% 18,601 $293K Add +2.5%
VXUS Vanguard Total Intl Stock 0.20% 4,791 $289K Reduce -50.0%
TSLA Tesla Inc. 0.20% 1,637 $288K Add +1.2%
NKE Nike Inc. Class B 0.18% 2,754 $259K Add +43.3%
STX Seagate Technology Holdings 0.17% 2,735 $254K No change
KO The Coca-Cola Co. 0.17% 4,005 $245K No change

Show all 106 holdings

Portfolio Sells Q4 2023 → Q1 2024
BN Brookfield Corp. Reduce -55.3% 1.24% −1.53
GOOG Alphabet Inc. Class C Reduce -20.5% 4.50% −0.96
AAPL Apple Inc. Reduce -0.0% 2.44% −0.41
EL Estee Lauder Companies Class A Reduce -8.4% 3.51% −0.28
ASTS Ast Spacemobile Inc. Reduce -0.6% 0.22% −0.26
ADBE Adobe Inc. Reduce -30.5% 0.28% −0.22
PYPL PayPal Holdings Inc. Sold out 0.00% −0.21
FND Floor & Decor Holdings Inc. Class A Reduce -16.1% 3.04% −0.21
VXUS Vanguard Total Intl Stock Reduce -50.0% 0.20% −0.20
CCOI Cogent Communications Holdin Reduce -0.6% 0.87% −0.19
BNDX Vanguard Total Intl Bond ETF Sold out 0.00% −0.19
ANET Arista Networks Inc. Reduce -23.4% 1.75% −0.18
AMT American Tower Corp. Reduce -1.0% 1.14% −0.17
THO Thor Industries Inc. Reduce -1.0% 2.82% −0.17
ADI Analog Devices Inc. Reduce -0.6% 2.66% −0.14
ECPG Encore Capital Group Inc. Reduce -0.7% 0.60% −0.10
VTI VG Morningstar TS MKT ETF-US Reduce -21.7% 0.44% −0.09
BKNG Booking Holdings Inc. Reduce -0.9% 3.37% −0.09
MC Moelis & Co. Class A Reduce -0.8% 2.39% −0.09
SHEN Shenandoah Telecommunication Reduce -0.7% 0.24% −0.07
CCI Crown Castle Inc. Reduce -0.1% 0.55% −0.07
NOW ServiceNow Inc. Reduce -17.1% 0.45% −0.07
SBUX Starbucks Corp. Reduce -0.1% 0.44% −0.04
UNH Unitedhealth Group Inc. Reduce -2.1% 0.31% −0.04
CMCSA Comcast Corp. Class A Reduce -0.1% 0.70% −0.04
ENB Enbridge Inc. Reduce -0.2% 0.47% −0.02
BLK BlackRock Finance Inc. Reduce -0.1% 0.89% −0.01
TXN Texas Instruments Inc. Reduce -0.1% 0.64% −0.01
IT Gartner Inc. Reduce -5.6% 0.20% −0.01
ADSK Autodesk Inc. Reduce -5.5% 0.27% −0.01
DEO Diageo PLC-Sponsored ADR Reduce -0.0% 0.39% −0.01
PAYX Paychex Inc. Reduce -0.1% 0.58% −0.01
NFLX Netflix Inc. Reduce -17.2% 0.51% −0.00
BAM Brookfield Asset Mgmt-A Reduce -0.8% 0.31% −0.00
D Dominion Energy Inc. Reduce -0.1% 0.31% +0.00
SCHW Schwab (charles) Corp. Reduce -0.6% 3.73% +0.02
MKL Markel Group Inc. Reduce -0.7% 1.22% +0.03
CRM Salesforce Inc. Reduce -0.7% 0.49% +0.04
CTVA Corteva Inc. Reduce -0.3% 0.31% +0.04
VZ Verizon Communications Inc. Reduce -0.4% 0.75% +0.05
CDW CDW Corp. Reduce -0.7% 0.72% +0.05
TRV The Travelers Cos Inc. Reduce -0.6% 0.38% +0.05
LOW Lowe's Cos Inc. Reduce -0.1% 0.67% +0.06
RH RH Reduce -0.7% 0.52% +0.06
CINF Cincinnati Financial Corp. Reduce -0.1% 0.50% +0.07
FAST Fastenal Co. Reduce -0.1% 0.54% +0.07
FIS Fidelity National Info Serv Reduce -0.1% 0.52% +0.08
AON Aon PLC Class A Reduce -0.7% 1.35% +0.12
ORLY O'reilly Automotive Inc. Reduce -0.4% 1.13% +0.14
SGI Somnigroup International Inc. Reduce -1.1% 3.04% +0.17

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +1.9% 0.99% +0.44
MSFT Microsoft Corp. Add +4.5% 2.55% +0.28
AMZN Amazon.com Inc. Add +1.2% 1.56% +0.21
MRK Merck & Co. Inc. Add +0.4% 1.38% +0.20
LLY Eli Lilly & Co. Add +7.7% 0.71% +0.20
NU Nu Holdings Ltd./Cayman Isl-A Add +7.2% 0.55% +0.18
TMO Thermo Fisher Scientific Inc. Add +65.2% 0.40% +0.17
META Meta Platforms Inc. Class A Add +0.6% 0.41% +0.10
UL Unilever PLC Add +20.0% 0.56% +0.09
V Visa Inc. Class A Add +12.2% 0.52% +0.07
NVO Novo-Nordisk A/S-Spons ADR Add +18.6% 0.23% +0.07
EOG EOG Resources Inc. Add +21.2% 0.34% +0.06
ABNB Airbnb Inc. Class A Add +1.3% 0.34% +0.05
ABT Abbott Laboratories Add +17.0% 0.32% +0.04
MA Mastercard Inc. Class A Add +1.5% 0.47% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +9.4% 0.22% +0.03
ZTS Zoetis Inc. Add +40.1% 0.23% +0.03
NKE Nike Inc. Class B Add +43.3% 0.18% +0.03
NSC Norfolk Southern Corp. Add +0.0% 0.80% +0.03
ET Energy Transfer LP Add +2.5% 0.20% +0.02
EPD Enterprise Products Partners Add +0.0% 0.34% +0.02
MO Altria Group Inc. Add +0.1% 0.43% +0.02
CVX Chevron Corp. Add +0.1% 0.66% +0.01
RMCF Rocky Mountain Choc Fact Inc. Add +33.5% 0.04% +0.00
WDAY Workday Inc. Class A Add +1.5% 0.16% −0.01
NOC Northrop Grumman Corp. Add +0.2% 0.42% −0.01
ACN Accenture PLC Class A Add +1.2% 0.30% −0.01
FLNT Fluent Inc. Add +4.3% 0.04% −0.01
DD Dupont DE Nemours Inc. Add +0.3% 0.50% −0.02
JNJ Johnson & Johnson Add +0.1% 0.72% −0.02
PM Philip Morris International Add +0.1% 0.53% −0.04
CSCO Cisco Systems Inc. Add +0.0% 0.74% −0.04
UPS United Parcel Service Class B Add +0.1% 0.44% −0.04
TSLA Tesla Inc. Add +1.2% 0.20% −0.09

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 125$178.5MBRK.B, GOOG, ASTS, SCHW, AAPL
Q1 2026 126$172.0MBRK.B, SCHW, ASTS, GOOG, GBIL
Q4 2025 136$178.8MBRK.B, SCHW, ASTS, GOOG, AAPL
Q3 2025 133$179.0MBRK.B, SCHW, PGR, AAPL, THO
Q2 2025 126$171.3MBRK.B, SCHW, PGR, BKNG, AXP
Q1 2025 121$159.5MBRK.B, PGR, GOOG, SCHW, AAPL
Q4 2024 118$156.8MBRK.B, GOOG, AAPL, AXP, PGR
Q3 2024 115$162.9MBRK.B, GOOG, PGR, AAPL, AXP
Q2 2024 110$145.7MGOOG, BRK.B, PGR, SCHW, BKNG
Q1 2024 106$146.4MBRK.B, GOOG, PGR, SCHW, EL