Sugarloaf Wealth Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), Sugarloaf Wealth Management, LLC reported 673 stock positions worth $482.1 million. Its top holding was Aptus Defined Risk ETF (DRSK) at 12.6% of the portfolio, followed by Aptus Collared Invest Opp (ACIO, 7.8%) and Aptus Enhanced Yield ETF (JUCY, 7.6%). Compared with Q4 2023, it opened 39 new positions, sold out of 46, added to 165 and reduced 100. The biggest buy was a new position in JPMorgan Hedged Equity ETF (HELO) and the biggest sale Horizon Kinetics Infl Benef (INFL, shares −98%).
- Most Recent 13F
- Q4 2024
- Location
- DULUTH, GA
- CIK
- 0001664864
- Portfolio Value
- $482.1M (Q1 2024)
- SEC Filing
- 0001664864-24-000007 ↗ filed Apr 23, 2024
Holdings Value
Holdings 673 stocks · $482.1M
| DRSK Aptus Defined Risk ETF | 12.61% | 2,280,858 | $60.8M | Add +10.2% |
| ACIO Aptus Collared Invest Opp | 7.78% | 1,040,355 | $37.5M | Add +9.0% |
| JUCY Aptus Enhanced Yield ETF | 7.64% | 1,574,394 | $36.8M | Add +7.3% |
| VIGI Vanguard Int Div App Indx FD | 5.86% | 346,248 | $28.2M | Add +15.2% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 5.58% | 437,305 | $26.9M | Add +26.2% |
| OSCV Opus Small Cap Value ETF | 5.46% | 731,624 | $26.3M | Add +6.0% |
| RSP Invesco S&P 500 Equal Weight | 4.15% | 118,237 | $20.0M | Add +49.4% |
| IDUB Aptus Intl Enhan YLD ETF | 4.13% | 956,239 | $19.9M | Add +14.6% |
| DUBS Aptus LRG Cap Enh YLD ETF | 3.93% | 646,910 | $18.9M | Add +15.0% |
| AAPL Apple Inc. | 1.96% | 55,070 | $9.4M | Add +0.2% |
| HELO JPMorgan Hedged Equity ETF | 1.95% | 168,108 | $9.4M | New |
| BND Vanguard Total Bond Market | 1.89% | 125,388 | $9.1M | Reduce -0.0% |
| SPEM State Street SP PTF Em ETF | 1.72% | 228,785 | $8.3M | Add +24.1% |
| MSFT Microsoft Corp. | 1.36% | 15,565 | $6.5M | Add +1.1% |
| HD Home Depot Inc. | 1.36% | 17,044 | $6.5M | Reduce -1.9% |
| JPM JPMorgan Chase & Co. | 0.90% | 21,682 | $4.3M | Add +2.5% |
| WMT Walmart Inc. | 0.85% | 68,098 | $4.1M | Add +15.1% |
| PGR Progressive Corp. | 0.82% | 19,145 | $4.0M | Add +1.6% |
| FANG Diamondback Energy Inc. | 0.82% | 19,919 | $3.9M | Add +10.1% |
| GOOGL Alphabet Inc. Class A | 0.81% | 25,814 | $3.9M | Add +4.8% |
| CPRT Copart Inc. | 0.81% | 67,173 | $3.9M | Add +4.8% |
| V Visa Inc. Class A | 0.81% | 13,938 | $3.9M | Add +4.1% |
| SO The Southern Co. | 0.74% | 49,875 | $3.6M | Add +2.1% |
| CHE Chemed Corp. | 0.74% | 5,565 | $3.6M | Add +5.4% |
| AVGO Broadcom Inc. | 0.71% | 2,597 | $3.4M | Reduce -16.8% |
| BR Broadridge Financial Solutio | 0.71% | 16,766 | $3.4M | Add +7.3% |
| ROP Roper Technologies Inc. | 0.71% | 6,116 | $3.4M | Add +6.5% |
| AMT American Tower Corp. | 0.69% | 16,713 | $3.3M | Add +5.7% |
| UNH Unitedhealth Group Inc. | 0.67% | 6,543 | $3.2M | Add +10.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.64% | 6,903 | $3.1M | Add +0.4% |
| SLYG SS SPDR S&P 600 SC GR ETF | 0.62% | 34,152 | $3.0M | Add +56820.0% |
| ADBE Adobe Inc. | 0.60% | 5,758 | $2.9M | Add +6.6% |
| DMBS Doubleline Mortgage ETF | 0.60% | 59,232 | $2.9M | Add +23.2% |
| ADME Aptus Drwdwn MGD Eqty ETF | 0.53% | 61,364 | $2.6M | Reduce -16.1% |
| USMV iShares MSCI USA Min Vol Fac | 0.50% | 28,918 | $2.4M | Add +0.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.42% | 7,769 | $2.0M | Add +8.0% |
| QLTA iShares Aaa - A Rated Corpor | 0.39% | 39,952 | $1.9M | Add +8.7% |
| PJAN Innovator U.S. Equity Power | 0.33% | 41,230 | $1.6M | Reduce -4.9% |
| IVV iShares Core S&P 500 ETF | 0.33% | 3,040 | $1.6M | Add +18.1% |
| NVDA Nvidia Corp. | 0.31% | 1,640 | $1.5M | Add +5.8% |
| MINT PIMCO Enhanced Short Maturit | 0.31% | 14,672 | $1.5M | Reduce -0.5% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.31% | 3,707 | $1.5M | Reduce -5.1% |
| POCT Innovator U.S. Equity Power | 0.29% | 36,741 | $1.4M | No change |
| NAPR Innovator Growth 100 Power B | 0.28% | 29,972 | $1.4M | No change |
| DVY iShares Select Dividend ETF | 0.27% | 10,511 | $1.3M | Add +0.0% |
| ITOT iShares Core S&P Total U.S. | 0.27% | 11,226 | $1.3M | Reduce -2.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.26% | 32,465 | $1.2M | Reduce -1.3% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.25% | 3,540 | $1.2M | Add +6.2% |
| PNOV Innovator U.S. Equity Power | 0.25% | 33,292 | $1.2M | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 2,142 | $1.1M | Add +2.9% |
| PEY Invesco High Yield Equity Di | 0.23% | 53,552 | $1.1M | Add +0.2% |
| KO The Coca-Cola Co. | 0.22% | 17,512 | $1.1M | Reduce -53.8% |
| VEA Vanguard Ftse Developed ETF | 0.21% | 20,463 | $1.0M | Reduce -36.5% |
| JNJ Johnson & Johnson | 0.21% | 6,411 | $1.0M | Reduce -2.5% |
| NEAR iShares SH Dba ETF Usd Inc. | 0.20% | 19,486 | $983K | No change |
| PAPR Innovator U.S. Equity Power | 0.19% | 27,368 | $919K | No change |
| IWM iShares Russell 2000 ETF | 0.19% | 4,345 | $914K | Add +0.1% |
| NJAN Innovator Growth 100 Power B | 0.19% | 20,771 | $905K | Add +17.2% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.19% | 5,538 | $902K | Add +7.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.19% | 4,717 | $901K | Reduce -2.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 2,135 | $898K | Add +3.2% |
| PSEP Innovator U.S. Equity Power | 0.18% | 24,289 | $887K | No change |
| COST Costco Wholesale Corp. | 0.18% | 1,187 | $870K | Reduce -16.8% |
| VXUS Vanguard Total Intl Stock | 0.16% | 12,816 | $773K | Add +8.5% |
| MRK Merck & Co. Inc. | 0.16% | 5,676 | $749K | Reduce -2.1% |
| PG The Procter & Gamble Co. | 0.15% | 4,439 | $720K | Add +0.7% |
| SHY iShares 1-3 Year Treasury Bo | 0.14% | 8,497 | $695K | Reduce -0.0% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.14% | 3,692 | $690K | Add +0.3% |
| STEW SRH Total Return Fund Inc. | 0.14% | 44,963 | $677K | Reduce -4.9% |
| PDEC Innovator U.S. Equity Power | 0.14% | 18,283 | $669K | No change |
| AMZN Amazon.com Inc. | 0.13% | 3,577 | $645K | Add +5.3% |
| BAPR Innovator U.S. Equity Buffer | 0.13% | 15,598 | $625K | No change |
| HDV iShares Core High Dividend E | 0.13% | 5,637 | $621K | No change |
| TRV The Travelers Cos Inc. | 0.13% | 2,621 | $603K | No change |
| GPC Genuine Parts Co. | 0.11% | 313,067 | $544K | No change |
| ABBV Abbvie Inc. | 0.11% | 2,958 | $539K | Reduce -2.4% |
| AYI Acuity Inc. | 0.11% | 2,000 | $537K | No change |
| PJUL Innovator U.S. Equity Power | 0.11% | 14,111 | $536K | No change |
| PH Parker Hannifin Corp. | 0.11% | 954 | $530K | New |
| TGT Target Corp. | 0.11% | 2,981 | $528K | Reduce -3.1% |
| VZ Verizon Communications Inc. | 0.11% | 12,528 | $526K | Reduce -17.7% |
| CAT Caterpillar Inc. | 0.11% | 1,428 | $523K | Add +0.1% |
| ADP Automatic Data Processing | 0.11% | 2,085 | $521K | Add +92.3% |
| IWF iShares Russell 1000 Growth | 0.11% | 1,543 | $520K | No change |
| UCB United Community Banks | 0.11% | 19,390 | $510K | Add +0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.11% | 8,790 | $509K | Reduce -45.2% |
| VIG Vanguard Dividend Apprec ETF | 0.10% | 2,713 | $495K | Add +0.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.10% | 2,106 | $481K | Add +8.6% |
| NOCT Innovator Growth-100 Power B | 0.10% | 10,097 | $480K | No change |
| NOBL Proshares S&P 500 Dividend A | 0.10% | 4,583 | $465K | Add +0.3% |
| AOA iShares Core 80/20 Aggressiv | 0.10% | 6,293 | $462K | No change |
| KJAN Innovator U.S. Small Cap Pow | 0.10% | 13,011 | $460K | Add +133.4% |
| EMB iShares JP Morgan Usd Emergi | 0.09% | 5,047 | $453K | Add +19.6% |
| XOM Exxon Mobil Corp. | 0.09% | 3,862 | $449K | Add +35.5% |
| PEP Pepsico Inc. | 0.09% | 2,548 | $446K | Add +5.3% |
| PFEB Innovator U.S. Equity Power | 0.09% | 12,934 | $442K | Add +96.1% |
| ICSH iShares Ultra Short Duration | 0.09% | 8,636 | $437K | No change |
| SNV Synovus Financial Corp. | 0.09% | 10,737 | $430K | Reduce -4.2% |
| TSLA Tesla Inc. | 0.08% | 2,324 | $409K | No change |
| IJH iShares Core S&P Midcap ETF | 0.08% | 6,553 | $398K | Add +7.8% |
Other holdings (2): bonds, preferreds, convertibles and warrants · $797K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 667 | $796K | Reduce -11.1% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 13 | $560 | No change |
Total filed on the 13F, all lines: $482.9M.
Portfolio Sells Q4 2023 → Q1 2024
| INFL Horizon Kinetics Infl Benef | Reduce -98.0% | 0.02% | −0.84 |
| BND Vanguard Total Bond Market | Reduce -0.0% | 1.89% | −0.34 |
| KO The Coca-Cola Co. | Reduce -53.8% | 0.22% | −0.32 |
| VEA Vanguard Ftse Developed ETF | Reduce -36.5% | 0.21% | −0.16 |
| ADME Aptus Drwdwn MGD Eqty ETF | Reduce -16.1% | 0.53% | −0.14 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -60.3% | 0.07% | −0.14 |
| AVGO Broadcom Inc. | Reduce -16.8% | 0.71% | −0.13 |
| VOO Vanguard S&P 500 ETF | Reduce -69.0% | 0.05% | −0.11 |
| JEPI JPMorgan Equity Premium Inco | Reduce -45.2% | 0.11% | −0.11 |
| HD Home Depot Inc. | Reduce -1.9% | 1.36% | −0.10 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -60.6% | 0.05% | −0.08 |
| PJAN Innovator U.S. Equity Power | Reduce -4.9% | 0.33% | −0.06 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -5.1% | 0.31% | −0.05 |
| MINT PIMCO Enhanced Short Maturit | Reduce -0.5% | 0.31% | −0.05 |
| COST Costco Wholesale Corp. | Reduce -16.8% | 0.18% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -55.7% | 0.03% | −0.04 |
| JNJ Johnson & Johnson | Reduce -2.5% | 0.21% | −0.04 |
| ICE Intercontinental Exchange Inc. | Sold out | 0.00% | −0.04 |
| UNP Union Pacific Corp. | Reduce -70.3% | 0.01% | −0.03 |
| PXD Pioneer Natural Resources Co. | Reduce -62.2% | 0.02% | −0.03 |
| SUI Sun Communities Inc. | Sold out | 0.00% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -17.7% | 0.11% | −0.03 |
| DVN Devon Energy Corp. | Reduce -35.8% | 0.05% | −0.03 |
| AGG iShares Core U.S. Aggregate | Reduce -99.0% | 0.00% | −0.03 |
| O Realty Income Corp. | Reduce -33.7% | 0.03% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -48.6% | 0.04% | −0.02 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -0.0% | 0.14% | −0.02 |
| ITOT iShares Core S&P Total U.S. | Reduce -2.0% | 0.27% | −0.02 |
| INTC Intel Corp. | Reduce -1.2% | 0.06% | −0.02 |
| TFC Truist Financial Corp. | Reduce -22.4% | 0.05% | −0.02 |
| T AT&T Inc. | Reduce -14.9% | 0.06% | −0.02 |
| STEW SRH Total Return Fund Inc. | Reduce -4.9% | 0.14% | −0.02 |
| DOW Dow Inc. | Reduce -67.4% | 0.01% | −0.02 |
| DUK Duke Energy Corp. | Reduce -13.8% | 0.05% | −0.02 |
| GBIL Goldman Sachs Access Treasur | Reduce -24.1% | 0.03% | −0.02 |
| ESGD iShares Trust iShares ESG Aw | Sold out | 0.00% | −0.01 |
| EUSB Ishr ESG Advn Universal BD-$ | Reduce -69.9% | 0.00% | −0.01 |
| SNV Synovus Financial Corp. | Reduce -4.2% | 0.09% | −0.01 |
| BAC Bank of America Corp. | Reduce -1.3% | 0.26% | −0.01 |
| PPL PPL Corp. | Reduce -61.5% | 0.01% | −0.01 |
| PM Philip Morris International | Reduce -6.6% | 0.04% | −0.01 |
| NFJ Virtus DVD Intrst & PRM STR | Reduce -13.1% | 0.04% | −0.01 |
| BJAN Innovator U.S. Equity Buffer | Reduce -18.6% | 0.03% | −0.01 |
| BMY Bristol-Myers Squibb Co. | Reduce -17.9% | 0.03% | −0.01 |
| CP Canadian Pacific Kansas City | Sold out | 0.00% | −0.01 |
| ESML iShares ESG Aware MSCI USA S | Sold out | 0.00% | −0.01 |
| PDT John Hancock Prem DVD FND | Reduce -64.2% | 0.01% | −0.01 |
| OHI Omega Healthcare Investors | Reduce -36.9% | 0.01% | −0.01 |
| AEP American Electric Power | Reduce -36.8% | 0.01% | −0.01 |
| RVTY Revvity Inc. | Reduce -6.2% | 0.03% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| HELO JPMorgan Hedged Equity ETF | New | 1.95% | +1.95 |
| RSP Invesco S&P 500 Equal Weight | Add +49.4% | 4.15% | +1.14 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +26.2% | 5.58% | +0.90 |
| SLYG SS SPDR S&P 600 SC GR ETF | Add +56820.0% | 0.62% | +0.62 |
| DUBS Aptus LRG Cap Enh YLD ETF | Add +15.0% | 3.93% | +0.29 |
| FANG Diamondback Energy Inc. | Add +10.1% | 0.82% | +0.14 |
| SPEM State Street SP PTF Em ETF | Add +24.1% | 1.72% | +0.14 |
| ACIO Aptus Collared Invest Opp | Add +9.0% | 7.78% | +0.13 |
| NVDA Nvidia Corp. | Add +5.8% | 0.31% | +0.12 |
| PH Parker Hannifin Corp. | New | 0.11% | +0.11 |
| WMT Walmart Inc. | Add +15.1% | 0.85% | +0.10 |
| IDUB Aptus Intl Enhan YLD ETF | Add +14.6% | 4.13% | +0.10 |
| PGR Progressive Corp. | Add +1.6% | 0.82% | +0.10 |
| VIGI Vanguard Int Div App Indx FD | Add +15.2% | 5.86% | +0.09 |
| DCRE DBL Comm Real Est Debt | New | 0.08% | +0.08 |
| KJAN Innovator U.S. Small Cap Pow | Add +133.4% | 0.10% | +0.05 |
| CPRT Copart Inc. | Add +4.8% | 0.81% | +0.05 |
| ADP Automatic Data Processing | Add +92.3% | 0.11% | +0.05 |
| PFEB Innovator U.S. Equity Power | Add +96.1% | 0.09% | +0.04 |
| PWR Quanta Services Inc. | New | 0.04% | +0.04 |
| META Meta Platforms Inc. Class A | Add +190.9% | 0.05% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +18.1% | 0.33% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +2.5% | 0.90% | +0.03 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | New | 0.03% | +0.03 |
| BILS SS Spdrb B 3-12M T-Bill ETF | New | 0.03% | +0.03 |
| PMAR Innovator U.S. Equity Power | Add +69.8% | 0.08% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +35.5% | 0.09% | +0.02 |
| SYK Stryker Corp. | Add +3622.2% | 0.02% | +0.02 |
| DMBS Doubleline Mortgage ETF | Add +23.2% | 0.60% | +0.02 |
| B Barrick Gold Corp. | Add +20980.0% | 0.02% | +0.02 |
| DRSK Aptus Defined Risk ETF | Add +10.2% | 12.61% | +0.02 |
| BMAR Innovator U.S. Equity Buffer | New | 0.01% | +0.01 |
| QQQM Invesco Nasdaq 100 ETF | Add +71.8% | 0.03% | +0.01 |
| QUAL iShares MSCI USA Quality Fac | New | 0.01% | +0.01 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | New | 0.01% | +0.01 |
| ADM Archer-Daniels-Midland Co. | Add +79.1% | 0.04% | +0.01 |
| NJAN Innovator Growth 100 Power B | Add +17.2% | 0.19% | +0.01 |
| AMZN Amazon.com Inc. | Add +5.3% | 0.13% | +0.01 |
| LCTU iShares U.S. Carbon Transiti | Add +22.3% | 0.07% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +3.2% | 0.19% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +107.3% | 0.02% | +0.01 |
| SPHQ Invesco S&P 500 Quality ETF | New | 0.01% | +0.01 |
| SUSC iShares ESG Aware Usd Corpor | Add +39.5% | 0.04% | +0.01 |
| CAT Caterpillar Inc. | Add +0.1% | 0.11% | +0.01 |
| FISV Fiserv Inc. | Add +7.7% | 0.06% | +0.01 |
| EFV iShares MSCI Eafe Value ETF | New | 0.01% | +0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +8.0% | 0.42% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | New | 0.01% | +0.01 |
| LOW Lowe's Cos Inc. | Add +10.7% | 0.08% | +0.01 |
Notes & Other Activity Q4 2023 → Q1 2024
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -11.1% | 667 | $796K |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Sold out | 19 | $23Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.