Salvus Wealth Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 17, 2024), Salvus Wealth Management, LLC reported 110 stock positions worth $145.7 million. Its top holding was Alphabet Class C (GOOG) at 5.1% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 5.0%) and Progressive (PGR, 4.3%). Compared with Q1 2024, it opened 6 new positions, sold out of 2, added to 34 and reduced 63. The biggest buy was a new position in Asbury Automotive (ABG) and the biggest sale Carmax (KMX, shares −61%).

Most Recent 13F
Q2 2026
Location
RED BANK, NJ
CIK
0001809236
Portfolio Value
$145.7M (Q2 2024)
SEC Filing
0001085146-24-003056 ↗ filed Jul 17, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $146.4M Q1 2024 Q2 2024: $145.7M $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 110 stocks · $145.7M
GOOG Alphabet Inc. Class C 5.06% 40,194 $7.4M Reduce -7.2%
BRK.B Berkshire Hathaway Inc. Class B 4.98% 17,853 $7.3M Reduce -1.4%
PGR Progressive Corp. 4.26% 29,890 $6.2M Reduce -2.6%
SCHW Schwab (charles) Corp. 3.76% 74,299 $5.5M Reduce -1.5%
BKNG Booking Holdings Inc. 3.59% 1,322 $5.2M Reduce -2.8%
AXP American Express Co. 3.48% 21,889 $5.1M Add +4.7%
AAPL Apple Inc. 3.46% 23,938 $5.0M Add +15.1%
ADI Analog Devices Inc. 3.05% 19,464 $4.4M Reduce -1.3%
MSFT Microsoft Corp. 2.65% 8,646 $3.9M Reduce -2.5%
SGI Somnigroup International Inc. filed as TEMPUR SEALY INTL INC 2.49% 76,685 $3.6M Reduce -2.2%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 2.41% 33,016 $3.5M Reduce -1.0%
MC Moelis & Co. Class A 2.36% 60,450 $3.4M Reduce -1.9%
FND Floor & Decor Holdings Inc. Class A 2.31% 33,821 $3.4M Reduce -1.4%
THO Thor Industries Inc. 2.24% 34,932 $3.3M Reduce -0.6%
NVR NVR Inc. 2.10% 403 $3.1M Reduce -1.9%
AMZN Amazon.com Inc. 1.66% 12,550 $2.4M Reduce -1.0%
ABG Asbury Automotive Group 1.63% 10,454 $2.4M New
NVDA Nvidia Corp. 1.58% 18,620 $2.3M Add +15.7%
AMAT Applied Materials Inc. 1.48% 9,110 $2.1M Reduce -2.0%
ANET Arista Networks Inc. 1.47% 6,104 $2.1M Reduce -30.9%
AWI Armstrong World Industries 1.41% 18,107 $2.1M Reduce -27.2%
MRK Merck & Co. Inc. 1.31% 15,364 $1.9M Add +0.6%
MKL Markel Group Inc. 1.24% 1,147 $1.8M Reduce -2.0%
WSC Willscot Holdings Corp. 1.22% 47,345 $1.8M New
BN Brookfield Corp. 1.22% 42,622 $1.8M Reduce -2.0%
AON Aon PLC Class A 1.17% 5,793 $1.7M Reduce -2.0%
CCOI Cogent Communications Holdin 1.12% 29,011 $1.6M Add +48.7%
AMT American Tower Corp. 1.11% 8,338 $1.6M Reduce -1.7%
ORLY O'reilly Automotive Inc. 1.04% 1,439 $1.5M Reduce -1.6%
ASTS Ast Spacemobile Inc. 0.88% 110,415 $1.3M Reduce -1.9%
BLK BlackRock Finance Inc. 0.84% 1,563 $1.2M Reduce -0.5%
LLY Eli Lilly & Co. 0.84% 1,344 $1.2M Add +0.5%
KMX Carmax Inc. 0.83% 16,448 $1.2M Reduce -61.3%
GBIL Goldman Sachs Access Treasur 0.82% 11,992 $1.2M Reduce -1.0%
AEM Agnico Eagle Mines Ltd. 0.81% 18,147 $1.2M Reduce -2.2%
VZ Verizon Communications Inc. 0.74% 26,159 $1.1M Add +0.0%
CSCO Cisco Systems Inc. 0.73% 22,294 $1.1M Add +2.5%
TXN Texas Instruments Inc. 0.71% 5,325 $1.0M Reduce -0.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.67% 9,881 $981K Reduce -1.2%
NSC Norfolk Southern Corp. 0.67% 4,551 $977K Reduce -0.6%
APD Air Products & Chemicals Inc. 0.67% 3,757 $969K Add +41.8%
CMCSA Comcast Corp. Class A 0.64% 23,750 $930K Add +0.7%
JNJ Johnson & Johnson 0.64% 6,361 $930K Reduce -4.0%
CVX Chevron Corp. 0.63% 5,858 $916K Reduce -3.9%
CDW CDW Corp. 0.62% 4,049 $906K Reduce -1.4%
UL Unilever PLC 0.61% 16,065 $883K Reduce -1.3%
PM Philip Morris International 0.60% 8,669 $878K Add +2.3%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.59% 67,000 $864K No change
L Loews Corp. 0.59% 11,548 $863K Reduce -2.2%
LOW Lowe's Cos Inc. 0.58% 3,843 $847K Reduce -0.8%
PAYX Paychex Inc. 0.56% 6,852 $812K Reduce -1.1%
V Visa Inc. Class A 0.55% 3,036 $797K Add +10.9%
ECPG Encore Capital Group Inc. 0.54% 18,820 $785K Reduce -2.0%
FIS Fidelity National Info Serv 0.53% 10,177 $767K Reduce -0.5%
DD Dupont DE Nemours Inc. 0.53% 9,516 $766K Reduce -0.4%
CCI Crown Castle Inc. 0.51% 7,607 $743K Reduce -0.6%
NOW ServiceNow Inc. 0.49% 907 $714K Add +4.6%
CINF Cincinnati Financial Corp. 0.47% 5,792 $684K Reduce -0.9%
ENB Enbridge Inc. 0.45% 18,601 $662K Reduce -1.4%
MA Mastercard Inc. Class A 0.45% 1,493 $659K Add +5.1%
VTI VG Morningstar TS MKT ETF-US 0.45% 2,452 $656K No change
MO Altria Group Inc. 0.45% 14,295 $651K Reduce -0.3%
CRM Salesforce Inc. 0.43% 2,427 $624K Add +2.2%
MDT Medtronic PLC 0.42% 7,824 $616K Reduce -1.6%
TMO Thermo Fisher Scientific Inc. 0.42% 1,094 $605K Add +8.8%
UPS United Parcel Service Class B 0.40% 4,281 $586K Reduce -0.3%
META Meta Platforms Inc. Class A 0.39% 1,134 $572K Reduce -8.4%
NOC Northrop Grumman Corp. 0.39% 1,300 $567K Add +0.7%
FAST Fastenal Co. 0.38% 8,846 $556K Reduce -13.8%
SBUX Starbucks Corp. 0.38% 7,040 $548K Reduce -0.1%
NFLX Netflix Inc. 0.37% 792 $535K Reduce -35.2%
RH RH 0.36% 2,141 $523K Reduce -1.9%
UNH Unitedhealth Group Inc. 0.35% 1,009 $514K Add +11.7%
EPD Enterprise Products Partners 0.34% 17,049 $494K Add +0.0%
ABNB Airbnb Inc. Class A 0.34% 3,247 $492K Add +7.2%
ABT Abbott Laboratories 0.34% 4,710 $489K Add +13.9%
EOG EOG Resources Inc. 0.33% 3,871 $487K Reduce -1.9%
BIL SS SPDR BB 1-3M T-Bill ETF 0.33% 5,303 $487K Add +16.5%
TRV The Travelers Cos Inc. 0.33% 2,364 $481K Reduce -1.5%
DEO Diageo PLC-Sponsored ADR 0.33% 3,793 $478K Reduce -0.4%
ADBE Adobe Inc. 0.33% 859 $477K Add +5.0%
D Dominion Energy Inc. 0.31% 9,277 $455K Reduce -0.4%
EQC Equity Commonwealth 0.31% 23,040 $447K Reduce -1.5%
CTVA Corteva Inc. 0.30% 8,010 $432K Add +1.0%
NVO Novo-Nordisk A/S-Spons ADR 0.28% 2,866 $409K Add +8.3%
ACN Accenture PLC Class A 0.28% 1,347 $409K Add +6.2%
BAM Brookfield Asset Mgmt-A 0.28% 10,688 $407K Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.26% 702 $382K Add +11.6%
ZTS Zoetis Inc. 0.26% 2,157 $374K Add +9.7%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.24% 3,698 $352K Reduce -3.5%
FNV Franco-Nevada Corp. 0.23% 2,880 $341K Reduce -0.5%
SHEN Shenandoah Telecommunication 0.23% 20,149 $329K Reduce -2.0%
GD General Dynamics Corp. 0.21% 1,046 $303K Reduce -2.1%
ET Energy Transfer LP 0.21% 18,609 $302K Add +0.0%
SHOP Shopify Inc. Class A 0.20% 4,418 $292K New
IT Gartner Inc. 0.20% 645 $290K Add +2.9%
VXUS Vanguard Total Intl Stock 0.20% 4,791 $289K No change
STX Seagate Technology Holdings 0.19% 2,666 $275K Reduce -2.5%
GOOGL Alphabet Inc. Class A 0.18% 1,434 $261K New
KO The Coca-Cola Co. 0.18% 4,008 $255K Add +0.1%

Show all 110 holdings

Portfolio Sells Q1 2024 → Q2 2024
KMX Carmax Inc. Reduce -61.3% 0.83% −1.70
EL Estee Lauder Companies Class A Reduce -1.0% 2.41% −1.10
FND Floor & Decor Holdings Inc. Class A Reduce -1.4% 2.31% −0.73
AWI Armstrong World Industries Reduce -27.2% 1.41% −0.70
THO Thor Industries Inc. Reduce -0.6% 2.24% −0.58
SGI Somnigroup International Inc. Reduce -2.2% 2.49% −0.55
ANET Arista Networks Inc. Reduce -30.9% 1.47% −0.28
ADSK Autodesk Inc. Sold out 0.00% −0.27
BRK.B Berkshire Hathaway Inc. Class B Reduce -1.4% 4.98% −0.22
TSLA Tesla Inc. Sold out 0.00% −0.20
AON Aon PLC Class A Reduce -2.0% 1.17% −0.18
NVR NVR Inc. Reduce -1.9% 2.10% −0.17
DIS The Walt Disney Co. Reduce -1.2% 0.67% −0.16
RH RH Reduce -1.9% 0.36% −0.16
FAST Fastenal Co. Reduce -13.8% 0.38% −0.16
NFLX Netflix Inc. Reduce -35.2% 0.37% −0.14
NSC Norfolk Southern Corp. Reduce -0.6% 0.67% −0.13
CDW CDW Corp. Reduce -1.4% 0.62% −0.10
LOW Lowe's Cos Inc. Reduce -0.8% 0.58% −0.09
ORLY O'reilly Automotive Inc. Reduce -1.6% 1.04% −0.09
JNJ Johnson & Johnson Reduce -4.0% 0.64% −0.08
PGR Progressive Corp. Reduce -2.6% 4.26% −0.08
SBUX Starbucks Corp. Reduce -0.1% 0.38% −0.06
INTC Intel Corp. Reduce -1.2% 0.14% −0.06
ECPG Encore Capital Group Inc. Reduce -2.0% 0.54% −0.06
DEO Diageo PLC-Sponsored ADR Reduce -0.4% 0.33% −0.06
MDT Medtronic PLC Reduce -1.6% 0.42% −0.05
BLK BlackRock Finance Inc. Reduce -0.5% 0.84% −0.05
TRV The Travelers Cos Inc. Reduce -1.5% 0.33% −0.05
CCI Crown Castle Inc. Reduce -0.6% 0.51% −0.04
L Loews Corp. Reduce -2.2% 0.59% −0.04
BAM Brookfield Asset Mgmt-A Reduce -2.0% 0.28% −0.03
UPS United Parcel Service Class B Reduce -0.3% 0.40% −0.03
AMT American Tower Corp. Reduce -1.7% 1.11% −0.03
MC Moelis & Co. Class A Reduce -1.9% 2.36% −0.03
BN Brookfield Corp. Reduce -2.0% 1.22% −0.03
CVX Chevron Corp. Reduce -3.9% 0.63% −0.03
CINF Cincinnati Financial Corp. Reduce -0.9% 0.47% −0.03
PAYX Paychex Inc. Reduce -1.1% 0.56% −0.02
META Meta Platforms Inc. Class A Reduce -8.4% 0.39% −0.02
SHEN Shenandoah Telecommunication Reduce -2.0% 0.23% −0.02
ENB Enbridge Inc. Reduce -1.4% 0.45% −0.01
GBIL Goldman Sachs Access Treasur Reduce -1.0% 0.82% −0.01
EOG EOG Resources Inc. Reduce -1.9% 0.33% −0.01
FNV Franco-Nevada Corp. Reduce -0.5% 0.23% −0.00
D Dominion Energy Inc. Reduce -0.4% 0.31% −0.00
GD General Dynamics Corp. Reduce -2.1% 0.21% +0.00
EQC Equity Commonwealth Reduce -1.5% 0.31% +0.01
FIS Fidelity National Info Serv Reduce -0.5% 0.53% +0.01
STX Seagate Technology Holdings Reduce -2.5% 0.19% +0.02

Portfolio Buys Q1 2024 → Q2 2024
ABG Asbury Automotive Group New 1.63% +1.63
WSC Willscot Holdings Corp. New 1.22% +1.22
AAPL Apple Inc. Add +15.1% 3.46% +1.02
NVDA Nvidia Corp. Add +15.7% 1.58% +0.59
CCOI Cogent Communications Holdin Add +48.7% 1.12% +0.25
APD Air Products & Chemicals Inc. Add +41.8% 0.67% +0.23
AXP American Express Co. Add +4.7% 3.48% +0.23
SHOP Shopify Inc. Class A New 0.20% +0.20
GOOGL Alphabet Inc. Class A New 0.18% +0.18
MSCI MSCI Inc. New 0.16% +0.16
LLY Eli Lilly & Co. Add +0.5% 0.84% +0.12
FLG New York Community Bancorp New 0.10% +0.10
PM Philip Morris International Add +2.3% 0.60% +0.07
NVO Novo-Nordisk A/S-Spons ADR Add +8.3% 0.28% +0.05
BIL SS SPDR BB 1-3M T-Bill ETF Add +16.5% 0.33% +0.05
UNH Unitedhealth Group Inc. Add +11.7% 0.35% +0.05
ADBE Adobe Inc. Add +5.0% 0.33% +0.05
NOW ServiceNow Inc. Add +4.6% 0.49% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Add +11.6% 0.26% +0.04
ZTS Zoetis Inc. Add +9.7% 0.26% +0.03
V Visa Inc. Class A Add +10.9% 0.55% +0.03
TMO Thermo Fisher Scientific Inc. Add +8.8% 0.42% +0.02
ABT Abbott Laboratories Add +13.9% 0.34% +0.01
FLNT Fluent Inc. Add +2.8% 0.05% +0.01
KO The Coca-Cola Co. Add +0.1% 0.18% +0.01
ET Energy Transfer LP Add +0.0% 0.21% +0.01
EPD Enterprise Products Partners Add +0.0% 0.34% −0.00
ABNB Airbnb Inc. Class A Add +7.2% 0.34% −0.00
IT Gartner Inc. Add +2.9% 0.20% −0.01
VZ Verizon Communications Inc. Add +0.0% 0.74% −0.01
NKE Nike Inc. Class B Add +16.5% 0.17% −0.01
CSCO Cisco Systems Inc. Add +2.5% 0.73% −0.01
MA Mastercard Inc. Class A Add +5.1% 0.45% −0.02
CTVA Corteva Inc. Add +1.0% 0.30% −0.02
WDAY Workday Inc. Class A Add +7.8% 0.14% −0.02
ACN Accenture PLC Class A Add +6.2% 0.28% −0.02
NOC Northrop Grumman Corp. Add +0.7% 0.39% −0.03
CRM Salesforce Inc. Add +2.2% 0.43% −0.06
CMCSA Comcast Corp. Class A Add +0.7% 0.64% −0.06
MRK Merck & Co. Inc. Add +0.6% 1.31% −0.07

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