Salvus Wealth Management, LLC

Name: Salvus Wealth Management, LLC 13F holdings, Q4 2025
Creator: Salvus Wealth Management, LLC
Published: 2026-01-12

Q2 2026Q1 2026Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), Salvus Wealth Management, LLC reported 136 stock positions worth $178.8 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 4.7% of the portfolio, followed by Schwab (charles) (SCHW, 4.1%) and Ast Spacemobile (ASTS, 3.5%). Compared with Q3 2025, it opened 11 new positions, sold out of 8, added to 99 and reduced 18. The biggest buy was a new position in iShares Core S&P Total U.S. (ITOT) and the biggest sale an exit from Fiserv (FISV).

Most Recent 13F: Q2 2026
Location: RED BANK, NJ
CIK: 0001809236
Portfolio Value: $178.8M (Q4 2025)
SEC Filing: 0001809236-26-000001 ↗ filed Jan 12, 2026

Holdings Value

Holdings 136 stocks · $178.8M


BRK.B Berkshire Hathaway Inc. Class B	4.72%	16,809	$8.4M	Add +1.1%
SCHW Schwab (charles) Corp.	4.08%	73,041	$7.3M	Add +1.0%
ASTS Ast Spacemobile Inc.	3.49%	86,006	$6.2M	Reduce -17.1%
GOOG Alphabet Inc. Class C	3.36%	19,160	$6.0M	Reduce -10.7%
AAPL Apple Inc.	3.15%	20,749	$5.6M	Reduce -4.7%
PGR Progressive Corp.	3.11%	24,395	$5.6M	Add +0.8%
THO Thor Industries Inc.	3.08%	53,581	$5.5M	Add +0.6%
SGI Somnigroup International Inc.	2.97%	59,465	$5.3M	Add +0.4%
ADI Analog Devices Inc.	2.96%	19,548	$5.3M	Add +0.6%
BKNG Booking Holdings Inc.	2.81%	940	$5.0M	Add +0.8%
IBP Installed Building Products	2.54%	17,526	$4.5M	Add +0.5%
NVDA Nvidia Corp.	2.52%	24,205	$4.5M	Add +3.5%
MSFT Microsoft Corp.	2.51%	9,297	$4.5M	Add +1.0%
AXP American Express Co.	2.50%	12,083	$4.5M	Add +0.5%
FND Floor & Decor Holdings Inc. Class A	1.86%	54,584	$3.3M	Add +1.3%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	1.83%	31,178	$3.3M	Add +0.0%
ABG Asbury Automotive Group	1.79%	13,733	$3.2M	Add +1.0%
BN Brookfield Corp.	1.55%	60,424	$2.8M	Add +0.6%
ANET Arista Networks Inc.	1.46%	19,951	$2.6M	Add +0.4%
NVR NVR Inc.	1.37%	335	$2.4M	Add +1.5%
AON Aon PLC Class A	1.34%	6,774	$2.4M	Add +2.9%
MKL Markel Group Inc.	1.30%	1,085	$2.3M	Add +0.9%
AMAT Applied Materials Inc.	1.25%	8,688	$2.2M	Add +1.9%
AWI Armstrong World Industries	1.23%	11,518	$2.2M	Reduce -0.7%
AMZN Amazon.com Inc.	1.21%	9,388	$2.2M	Add +8.0%
LLY Eli Lilly & Co.	1.14%	1,902	$2.0M	Add +3.6%
MC Moelis & Co. Class A	1.07%	27,890	$1.9M	Add +1.2%
ORLY O'reilly Automotive Inc.	1.04%	20,326	$1.9M	Reduce -0.8%
NSC Norfolk Southern Corp.	1.00%	6,187	$1.8M	Add +2.0%
BLK BlackRock Inc.	1.00%	1,666	$1.8M	Add +2.1%
JNJ Johnson & Johnson	0.93%	8,006	$1.7M	Add +1.8%
GLW Corning Inc.	0.92%	18,834	$1.6M	Add +2.7%
ITOT iShares Core S&P Total U.S.	0.91%	10,996	$1.6M	New
GBIL Goldman Sachs Access Treasur	0.82%	14,666	$1.5M	Add +10.4%
CVX Chevron Corp.	0.73%	8,509	$1.3M	Add +3.6%
L Loews Corp.	0.71%	11,983	$1.3M	Add +2.0%
CSCO Cisco Systems Inc.	0.69%	15,953	$1.2M	Reduce -8.0%
PM Philip Morris International	0.67%	7,487	$1.2M	Add +1.8%
APD Air Products & Chemicals Inc.	0.66%	4,809	$1.2M	Add +3.2%
FNV Franco-Nevada Corp.	0.66%	5,665	$1.2M	Add +2.4%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD	0.65%	69,500	$1.2M	No change
CINF Cincinnati Financial Corp.	0.63%	6,929	$1.1M	Add +1.6%
AVGO Broadcom Inc.	0.63%	3,264	$1.1M	Add +8.2%
AMT American Tower Corp.	0.61%	6,174	$1.1M	Reduce -18.4%
ORCL Oracle Corp.	0.60%	5,510	$1.1M	Add +4.7%
AEM Agnico Eagle Mines Ltd.	0.60%	6,301	$1.1M	Add +0.9%
SBUX Starbucks Corp.	0.58%	12,349	$1.0M	Add +3.8%
TEL Te Connectivity PLC	0.57%	4,483	$1.0M	Add +1.9%
V Visa Inc. Class A	0.57%	2,904	$1.0M	Add +5.6%
D Dominion Energy Inc.	0.56%	17,029	$998K	Add +1.9%
UL Unilever PLC-Sponsored ADR	0.55%	15,097	$987K	Add +3.7%
MO Altria Group Inc.	0.53%	16,491	$951K	Add +2.0%
LOW Lowe's Cos Inc.	0.52%	3,882	$936K	Add +1.5%
TXN Texas Instruments Inc.	0.52%	5,375	$933K	Add +1.9%
STX Seagate Technology Holdings	0.51%	3,336	$919K	Add +0.7%
MA Mastercard Inc. Class A	0.51%	1,609	$919K	Add +5.6%
SHOP Shopify Inc. Class A	0.49%	5,463	$879K	Reduce -8.7%
PAYX Paychex Inc.	0.49%	7,773	$872K	Add +1.4%
VZ Verizon Communications Inc.	0.48%	21,234	$865K	Add +146.1%
UNH Unitedhealth Group Inc.	0.46%	2,478	$818K	New
MDT Medtronic PLC	0.44%	8,197	$787K	Add +1.4%
NOC Northrop Grumman Corp.	0.43%	1,343	$766K	Add +1.5%
FAST Fastenal Co.	0.40%	17,763	$713K	Add +1.3%
OKE Oneok Inc.	0.40%	9,625	$707K	Add +3.8%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.39%	6,101	$694K	Reduce -34.1%
META Meta Platforms Inc. Class A	0.38%	1,030	$680K	Add +3.7%
TRV The Travelers Cos Inc.	0.38%	2,341	$679K	Add +0.6%
NOW ServiceNow Inc.	0.35%	4,090	$627K	Reduce -3.3%
ENB Enbridge Inc.	0.34%	12,688	$607K	Reduce -26.0%
CMI Cummins Inc.	0.32%	1,111	$567K	New
ZTS Zoetis Inc.	0.31%	4,439	$559K	Add +4.0%
HSY The Hershey Co.	0.31%	3,047	$554K	Add +3.8%
INTC Intel Corp.	0.31%	14,922	$551K	Add +1.1%
EPD Enterprise Products Partners	0.31%	17,063	$547K	Add +0.0%
HON Honeywell International Inc.	0.30%	2,760	$538K	Add +40.5%
BAM Brookfield Asset Mgmt-A	0.29%	9,935	$520K	Add +0.7%
MSCI MSCI Inc.	0.29%	904	$519K	Add +4.3%
CB Chubb Ltd.	0.29%	1,645	$513K	Add +2.8%
SSNC Ss&c Technologies Holdings	0.28%	5,741	$502K	Add +3.6%
GD General Dynamics Corp.	0.28%	1,486	$500K	Add +1.6%
GOOGL Alphabet Inc. Class A	0.27%	1,566	$490K	Add +15.1%
GEHC GE Healthcare Technology	0.27%	5,976	$490K	Add +5.4%
CTVA Corteva Inc.	0.27%	7,120	$477K	Reduce -16.2%
PG The Procter & Gamble Co.	0.26%	3,287	$471K	New
IDXX Idexx Laboratories Inc.	0.26%	696	$471K	Add +5.6%
EOG EOG Resources Inc.	0.25%	4,306	$452K	Add +5.5%
MRK Merck & Co. Inc.	0.25%	4,221	$444K	Add +5.1%
CCI Crown Castle Inc.	0.24%	4,917	$437K	Add +3.8%
EMR Emerson Electric Co.	0.24%	3,289	$437K	Add +2.9%
ACN Accenture PLC Class A	0.24%	1,576	$423K	Add +5.1%
KO The Coca-Cola Co.	0.23%	5,955	$416K	Add +2.1%
MTB M & T Bank Corp. filed as M & T BK CORP	0.23%	2,051	$413K	Add +2.2%
ISRG Intuitive Surgical Inc.	0.23%	724	$410K	New
ABT Abbott Laboratories	0.23%	3,269	$410K	Reduce -24.8%
ADBE Adobe Inc.	0.23%	1,157	$405K	Add +6.6%
CCOI Cogent Communications Holdin	0.22%	18,368	$396K	Reduce -31.6%
TSM Taiwan Semiconductor-SP ADR	0.20%	1,163	$353K	Add +15.6%
HAS Hasbro Inc.	0.19%	4,241	$348K	Add +2.6%
T AT&T Inc.	0.19%	13,915	$346K	Add +2.4%
ABNB Airbnb Inc. Class A	0.19%	2,536	$344K	Add +4.8%
SYY Sysco Corp.	0.19%	4,625	$341K	Add +5.3%
DUK Duke Energy Corp.	0.19%	2,892	$339K	Add +2.3%
SNPS Synopsys Inc.	0.18%	699	$328K	Add +6.9%
SPY SS SPDR S&P 500 ETF Trust-US	0.18%	465	$317K	Add +17.1%
CDW CDW Corp.	0.18%	2,318	$316K	Reduce -38.0%
BSX Boston Scientific Corp.	0.18%	3,291	$314K	Add +7.8%
ET Energy Transfer LP	0.17%	18,657	$308K	Add +0.1%
QQQ Invesco QQQ Trust Series 1	0.17%	495	$304K	Add +0.8%
APAM Artisan Partners Asset Ma -A	0.16%	7,077	$288K	Add +3.1%
INTU Intuit Inc.	0.16%	429	$284K	Add +13.5%
IEX Idex Corp.	0.16%	1,595	$284K	Add +7.4%
APP AppLovin Corp. Class A	0.15%	411	$277K	Reduce -48.4%
LHX L3HARRIS Technologies Inc.	0.15%	926	$272K	No change
HUBB Hubbell Inc.	0.15%	611	$271K	New
CME Cme Group Inc.	0.14%	933	$255K	Add +5.1%
KMX Carmax Inc.	0.14%	6,510	$252K	Reduce -50.8%
BIL SS SPDR BB 1-3M T-Bill ETF	0.14%	2,700	$247K	Add +6.2%
MU Micron Technology Inc.	0.14%	850	$243K	New
RH RH	0.13%	1,347	$241K	Reduce -31.9%
UGI Ugi Corp.	0.13%	6,410	$240K	Add +5.8%
CSGP Costar Group Inc.	0.13%	3,467	$233K	Add +4.5%
IWF iShares Russell 1000 Growth	0.13%	479	$227K	Add +3.5%
PAYC Paycom Software Inc.	0.13%	1,422	$227K	Add +7.7%
SHEN Shenandoah Telecommunication	0.12%	19,067	$220K	Add +2.4%
JPM JPMorgan Chase & Co.	0.12%	680	$219K	New
HDV iShares Core High Dividend E	0.12%	1,795	$218K	No change
WMT Walmart Inc.	0.12%	1,942	$216K	New
UBER Uber Technologies Inc.	0.12%	2,644	$216K	Add +4.9%
BORR Borr Drilling Ltd.	0.07%	30,935	$125K	Add +13.7%
LAKE Lakeland Industries Inc.	0.07%	13,805	$122K	New
CPSH CPS Technologies Corp.	0.05%	27,520	$85K	New
VIR Vir Biotechnology Inc.	0.04%	11,691	$70K	No change
FLNT Fluent Inc.	0.03%	19,003	$46K	No change
RMCF Rocky Mountain Choc Fact Inc.	0.03%	23,567	$45K	No change
RCT Redcloud Holdings PLC	0.01%	13,010	$19K	No change
LOOP Loop Industries Inc.	0.01%	19,280	$19K	No change

Portfolio Sells Q3 2025 → Q4 2025


FISV Fiserv Inc.	Sold out	0.00%	−2.26
WSC Willscot Holdings Corp.	Sold out	0.00%	−0.58
FIS Fidelity National Info Serv	Sold out	0.00%	−0.37
CCOI Cogent Communications Holdin	Reduce -31.6%	0.22%	−0.35
NFLX Netflix Inc.	Sold out	0.00%	−0.24
CMCSA Comcast Corp. Class A	Sold out	0.00%	−0.24
AMT American Tower Corp.	Reduce -18.4%	0.61%	−0.21
DIS The Walt Disney Co.	Reduce -34.1%	0.39%	−0.20
ORLY O'reilly Automotive Inc.	Reduce -0.8%	1.04%	−0.20
DEO Diageo PLC-Sponsored ADR	Sold out	0.00%	−0.20
KMX Carmax Inc.	Reduce -50.8%	0.14%	−0.19
APP AppLovin Corp. Class A	Reduce -48.4%	0.15%	−0.17
CDW CDW Corp.	Reduce -38.0%	0.18%	−0.16
KMB Kimberly-Clark Corp.	Sold out	0.00%	−0.15
WDAY Workday Inc. Class A	Sold out	0.00%	−0.15
ENB Enbridge Inc.	Reduce -26.0%	0.34%	−0.14
ABT Abbott Laboratories	Reduce -24.8%	0.23%	−0.10
RH RH	Reduce -31.9%	0.13%	−0.09
NOW ServiceNow Inc.	Reduce -3.3%	0.35%	−0.08
CTVA Corteva Inc.	Reduce -16.2%	0.27%	−0.05
AWI Armstrong World Industries	Reduce -0.7%	1.23%	−0.04
SHOP Shopify Inc. Class A	Reduce -8.7%	0.49%	−0.01
CSCO Cisco Systems Inc.	Reduce -8.0%	0.69%	+0.02
AAPL Apple Inc.	Reduce -4.7%	3.15%	+0.06
GOOG Alphabet Inc. Class C	Reduce -10.7%	3.36%	+0.44
ASTS Ast Spacemobile Inc.	Reduce -17.1%	3.49%	+0.65

Portfolio Buys Q3 2025 → Q4 2025


ITOT iShares Core S&P Total U.S.	New	0.91%	+0.91
UNH Unitedhealth Group Inc.	New	0.46%	+0.46
LLY Eli Lilly & Co.	Add +3.6%	1.14%	+0.36
CMI Cummins Inc.	New	0.32%	+0.32
ADI Analog Devices Inc.	Add +0.6%	2.96%	+0.30
EL Estee Lauder Companies Class A	Add +0.0%	1.83%	+0.29
AMAT Applied Materials Inc.	Add +1.9%	1.25%	+0.27
VZ Verizon Communications Inc.	Add +146.1%	0.48%	+0.27
AXP American Express Co.	Add +0.5%	2.50%	+0.27
PG The Procter & Gamble Co.	New	0.26%	+0.26
ISRG Intuitive Surgical Inc.	New	0.23%	+0.23
SCHW Schwab (charles) Corp.	Add +1.0%	4.08%	+0.22
SGI Somnigroup International Inc.	Add +0.4%	2.97%	+0.18
MKL Markel Group Inc.	Add +0.9%	1.30%	+0.16
HUBB Hubbell Inc.	New	0.15%	+0.15
AMZN Amazon.com Inc.	Add +8.0%	1.21%	+0.15
IBP Installed Building Products	Add +0.5%	2.54%	+0.14
MU Micron Technology Inc.	New	0.14%	+0.14
JPM JPMorgan Chase & Co.	New	0.12%	+0.12
WMT Walmart Inc.	New	0.12%	+0.12
JNJ Johnson & Johnson	Add +1.8%	0.93%	+0.11
GOOGL Alphabet Inc. Class A	Add +15.1%	0.27%	+0.09
NVDA Nvidia Corp.	Add +3.5%	2.52%	+0.09
GLW Corning Inc.	Add +2.7%	0.92%	+0.08
STX Seagate Technology Holdings	Add +0.7%	0.51%	+0.08
GBIL Goldman Sachs Access Treasur	Add +10.4%	0.82%	+0.08
AVGO Broadcom Inc.	Add +8.2%	0.63%	+0.08
HON Honeywell International Inc.	Add +40.5%	0.30%	+0.07
LAKE Lakeland Industries Inc.	New	0.07%	+0.07
MRK Merck & Co. Inc.	Add +5.1%	0.25%	+0.06
BRK.B Berkshire Hathaway Inc. Class B	Add +1.1%	4.72%	+0.05
CPSH CPS Technologies Corp.	New	0.05%	+0.05
L Loews Corp.	Add +2.0%	0.71%	+0.05
V Visa Inc. Class A	Add +5.6%	0.57%	+0.05
TSM Taiwan Semiconductor-SP ADR	Add +15.6%	0.20%	+0.04
GEHC GE Healthcare Technology	Add +5.4%	0.27%	+0.04
CB Chubb Ltd.	Add +2.8%	0.29%	+0.03
INTC Intel Corp.	Add +1.1%	0.31%	+0.03
TEL Te Connectivity PLC	Add +1.9%	0.57%	+0.03
CINF Cincinnati Financial Corp.	Add +1.6%	0.63%	+0.03
ACN Accenture PLC Class A	Add +5.1%	0.24%	+0.03
SPY SS SPDR S&P 500 ETF Trust-US	Add +17.1%	0.18%	+0.03
MA Mastercard Inc. Class A	Add +5.6%	0.51%	+0.03
BORR Borr Drilling Ltd.	Add +13.7%	0.07%	+0.03
ABNB Airbnb Inc. Class A	Add +4.8%	0.19%	+0.03
IDXX Idexx Laboratories Inc.	Add +5.6%	0.26%	+0.03
AON Aon PLC Class A	Add +2.9%	1.34%	+0.02
IEX Idex Corp.	Add +7.4%	0.16%	+0.02
UGI Ugi Corp.	Add +5.8%	0.13%	+0.02
HAS Hasbro Inc.	Add +2.6%	0.19%	+0.02

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	125	$178.5M	BRK.B, GOOG, ASTS, SCHW, AAPL
Q1 2026	126	$172.0M	BRK.B, SCHW, ASTS, GOOG, GBIL
Q4 2025	136	$178.8M	BRK.B, SCHW, ASTS, GOOG, AAPL
Q3 2025	133	$179.0M	BRK.B, SCHW, PGR, AAPL, THO
Q2 2025	126	$171.3M	BRK.B, SCHW, PGR, BKNG, AXP
Q1 2025	121	$159.5M	BRK.B, PGR, GOOG, SCHW, AAPL
Q4 2024	118	$156.8M	BRK.B, GOOG, AAPL, AXP, PGR
Q3 2024	115	$162.9M	BRK.B, GOOG, PGR, AAPL, AXP
Q2 2024	110	$145.7M	GOOG, BRK.B, PGR, SCHW, BKNG
Q1 2024	106	$146.4M	BRK.B, GOOG, PGR, SCHW, EL