Talon Private Wealth, LLC

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Talon Private Wealth, LLC reported 174 stock positions worth $745.8 million. Its top holding was BNY Mellon Core Bond ETF (BKAG) at 9.2% of the portfolio, followed by Aptus Defined Risk ETF (DRSK, 6.6%) and Janus Henderson Aaa Clo ETF (JAAA, 5.9%). Compared with Q4 2024, it opened 16 new positions, sold out of 135, added to 88 and reduced 67. The biggest buy was a new position in Innovator U.S. Equity Ultra (UFEB) and the biggest sale BNY Mellon Core Bond ETF (BKAG, shares −6%).

Most Recent 13F
Q2 2026
Location
THE VILLAGES, FL
CIK
0001990467
Portfolio Value
$745.8M (Q1 2025)
SEC Filing
0001990467-25-000005 ↗ filed May 15, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q3 2024: $475.3M Q3 2024 Q4 2024: $478.5M Q4 2024 Q1 2025: $745.8M $745.8M Q1 2025 Q2 2025: $726.0M Q2 2025 Q1 2026: $752.8M Q1 2026 Q2 2026: $854.9M Q2 2026

Holdings 174 stocks · $745.8M
BKAG BNY Mellon Core Bond ETF 9.20% 1,631,500 $68.6M Reduce -5.6%
DRSK Aptus Defined Risk ETF 6.57% 1,784,258 $49.0M Reduce -4.5%
JAAA Janus Henderson Aaa Clo ETF 5.93% 870,448 $44.2M Add +47.0%
VGSH Vanguard Short-Term Treasury 5.84% 742,526 $43.5M Reduce -6.6%
UNOV Innovator U.S. Equity Ultra 4.40% 966,673 $32.8M Add +242.3%
UOCT Innovator U.S. Equity Ultra 4.39% 947,916 $32.8M Add +243.8%
UDEC Innovator U.S. Equity Ultra 4.38% 951,315 $32.6M Add +247.8%
UFEB Innovator U.S. Equity Ultra 4.37% 1,006,435 $32.6M New
UJAN Innovator U.S. Equity Ultra 4.36% 852,671 $32.5M New
MBB iShares MBS ETF 4.28% 341,297 $31.9M Reduce -5.9%
SGOV iShares 0-3 Month Treasury B 3.82% 283,345 $28.5M Reduce -2.4%
SPYM Ste STR SPDR PT S&P 500 ETF 3.51% 382,555 $26.2M Add +906.5%
JUCY Aptus Enhanced Yield ETF 3.10% 1,011,380 $23.1M Reduce -5.3%
STIP iShares 0-5 Year Tips Bond E 2.06% 149,344 $15.4M Reduce -7.7%
AAPL Apple Inc. 1.80% 60,339 $13.4M Add +14761.8%
VEA Vanguard Ftse Developed ETF 1.35% 198,388 $10.1M Add +573.9%
JBBB Janus Henderson B-BBB Clo Et 1.33% 203,294 $9.9M Add +16.5%
ACIO Aptus Collared Invest Opp 0.88% 163,511 $6.5M Add +1029.4%
RSP Invesco S&P 500 Equal Weight 0.79% 33,099 $5.9M Add +1029.7%
NVDA Nvidia Corp. 0.76% 50,944 $5.7M Add +130.0%
WMT Walmart Inc. 0.75% 63,329 $5.6M Reduce -0.7%
VWO Vanguard Ftse Emerging Marke 0.62% 103,524 $4.7M Add +307.9%
OSCV Opus Small Cap Value ETF 0.61% 127,254 $4.6M Add +1143.8%
VUG Vanguard Mrngstar GR ETF-Sui 0.58% 11,394 $4.3M Add +72.9%
QQQ Invesco QQQ Trust Series 1 0.58% 9,113 $4.3M Add +1763.6%
MCD McDonald's Corp. 0.49% 11,806 $3.7M Add +2.4%
AMZN Amazon.com Inc. 0.45% 17,303 $3.4M Add +6308.5%
LMT Lockheed Martin Corp. 0.40% 6,725 $3.0M Add +217.4%
VNQ Vanguard Real Estate ETF 0.40% 32,609 $3.0M Add +4.9%
IDUB Aptus Intl Enhan YLD ETF 0.40% 142,135 $2.9M Add +1105.7%
XOM Exxon Mobil Corp. 0.39% 24,965 $2.9M Add +697.1%
JPM JPMorgan Chase & Co. 0.39% 11,610 $2.9M Add +1848.0%
AMAT Applied Materials Inc. 0.38% 19,455 $2.9M Add +80962.5%
FOXA Fox Corp. Class A 0.37% 49,305 $2.8M Add +370.4%
OKE Oneok Inc. 0.37% 27,615 $2.7M Add +322.1%
GD General Dynamics Corp. 0.36% 10,006 $2.7M Add +5585.2%
QCOM Qualcomm Inc. 0.35% 16,900 $2.6M Add +559.9%
LNG Cheniere Energy Inc. 0.35% 11,243 $2.6M Add +4809.6%
GLDM SPDR Gold Minishares Trust 0.35% 41,643 $2.6M New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.35% 13,759 $2.6M Add +54.5%
TMUS T-Mobile US Inc. 0.34% 9,641 $2.6M Add +4405.1%
LHX L3HARRIS Technologies Inc. 0.34% 12,119 $2.5M Add +4671.3%
FANG Diamondback Energy Inc. 0.34% 15,638 $2.5M Add +4756.5%
XLP SS Consumer Staples Sel Sect 0.33% 30,406 $2.5M Reduce -22.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 14,214 $2.5M Add +26.4%
LDOS Leidos Holdings Inc. 0.33% 18,204 $2.5M Add +5056.9%
V Visa Inc. Class A 0.33% 6,927 $2.4M Add +1999.1%
BKR Baker Hughes Co. 0.32% 54,883 $2.4M Add +3854.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.32% 56,563 $2.4M Add +10715.1%
VOO Vanguard S&P 500 ETF 0.32% 4,639 $2.4M Reduce -33.6%
AVGO Broadcom Inc. 0.32% 13,833 $2.4M Add +489.1%
MSFT Microsoft Corp. 0.32% 6,228 $2.4M Add +11.1%
NOC Northrop Grumman Corp. 0.32% 4,632 $2.4M Add +6076.0%
PKG Packaging Corp. of America 0.32% 11,781 $2.4M Add +5732.2%
BRK.B Berkshire Hathaway Inc. Class B 0.31% 4,428 $2.3M Add +2280.7%
C Citigroup Inc. 0.30% 31,420 $2.3M Add +3928.2%
MU Micron Technology Inc. 0.30% 25,537 $2.2M Add +4318.2%
THC Tenet Healthcare Corp. 0.30% 16,514 $2.2M Add +4700.6%
PR Permian Resources Corp. Class A 0.28% 152,167 $2.1M Add +4082.7%
WFC Wells Fargo & Co. 0.28% 28,545 $2.1M Add +3463.7%
IVV iShares Core S&P 500 ETF 0.27% 3,600 $2.0M Reduce -13.6%
PNOV Innovator U.S. Equity Power 0.27% 53,964 $2.0M Add +20.8%
PJAN Innovator U.S. Equity Power 0.27% 48,044 $2.0M New
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.27% 8,136 $2.0M Add +21.7%
MS Morgan Stanley 0.27% 16,692 $2.0M Add +4224.4%
POCT Innovator U.S. Equity Power 0.27% 50,912 $2.0M Add +22.4%
PDEC Innovator U.S. Equity Power 0.26% 52,306 $2.0M Add +23.0%
EME Emcor Group Inc. 0.26% 5,233 $2.0M Add +6609.0%
PFEB Innovator U.S. Equity Power 0.26% 54,729 $2.0M New
GS Goldman Sachs Group Inc. 0.26% 3,441 $1.9M Add +5113.6%
JNK SS SPDR BB High Yield Bond 0.25% 19,603 $1.9M Add +2.0%
VGLT Vanguard Long-Term Treasury 0.25% 32,075 $1.8M Reduce -40.2%
UTHR United Therapeutics Corp. 0.24% 5,746 $1.8M Add +5823.7%
XLRE SS Real Estate Select Sector 0.23% 40,918 $1.7M Reduce -19.9%
URI United Rentals Inc. 0.23% 2,696 $1.7M Add +6812.8%
XLB SS Materials Select Sector 0.23% 19,728 $1.7M New
VOE Vngrd Mrngstr MD-Cap Val ETF 0.23% 10,515 $1.7M Add +2.5%
XLC SS Comm Select Sector SPDR 0.23% 17,456 $1.7M Reduce -24.8%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.22% 6,564 $1.7M Reduce -3.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.19% 2,527 $1.4M Add +40.3%
BND Vanguard Total Bond Market 0.18% 18,341 $1.3M Add +154.4%
VCIT Vanguard Int-Term Corporate 0.17% 15,899 $1.3M Reduce -11.6%
PANW Palo Alto Networks Inc. 0.16% 6,872 $1.2M Add +50.4%
CWB SS SPDR BB Conv Sec ETF 0.16% 15,553 $1.2M Reduce -17.0%
CL Colgate-Palmolive Co. 0.15% 12,305 $1.2M Add +213.7%
PFF iShares Preferred & Income S 0.15% 36,998 $1.1M Reduce -32.4%
JNJ Johnson & Johnson 0.15% 6,704 $1.1M Reduce -9.8%
NOW ServiceNow Inc. 0.15% 1,385 $1.1M Add +13.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.14% 4,018 $1.1M Add +843.2%
VGIT Vanguard Intermediate-Term T 0.14% 17,644 $1.0M Reduce -16.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.14% 10,456 $1.0M Reduce -12.7%
VSEC Vse Corp. 0.14% 8,507 $1.0M New
ICSH iShares Ultra Short Duration 0.14% 19,970 $1.0M Add +3.4%
GOOGL Alphabet Inc. Class A 0.13% 6,461 $999K Reduce -22.3%
META Meta Platforms Inc. Class A 0.13% 1,673 $964K Reduce -6.1%
ET Energy Transfer LP 0.12% 48,722 $906K Add +1.6%
CRM Salesforce Inc. 0.12% 3,324 $892K Add +15.7%
AMGN Amgen Inc. 0.11% 2,749 $856K New
RTX RTX Corp. 0.11% 6,456 $855K New
DGRO iShares Core Dividend Growth 0.11% 13,609 $841K Reduce -22.4%

Show all 174 holdings

Portfolio Sells Q4 2024 → Q1 2025
BKAG BNY Mellon Core Bond ETF Reduce -5.6% 9.20% −5.69
DRSK Aptus Defined Risk ETF Reduce -4.5% 6.57% −4.14
VGSH Vanguard Short-Term Treasury Reduce -6.6% 5.84% −3.82
MBB iShares MBS ETF Reduce -5.9% 4.28% −2.67
SGOV iShares 0-3 Month Treasury B Reduce -2.4% 3.82% −2.26
USEP Innovator U.S. Equity Ultra Reduce -97.5% 0.03% −2.00
UAUG Innovator U.S. Equity Ultra Reduce -97.5% 0.03% −2.00
JUCY Aptus Enhanced Yield ETF Reduce -5.3% 3.10% −1.98
STIP iShares 0-5 Year Tips Bond E Reduce -7.7% 2.06% −1.34
VOO Vanguard S&P 500 ETF Reduce -33.6% 0.32% −0.47
XLF SS Financial Select Sector Sold out 0.00% −0.46
WMT Walmart Inc. Reduce -0.7% 0.75% −0.46
VGLT Vanguard Long-Term Treasury Reduce -40.2% 0.25% −0.37
PAUG Innovator U.S. Equity Power Sold out 0.00% −0.35
PSEP Innovator U.S. Equity Power Sold out 0.00% −0.34
XLP SS Consumer Staples Sel Sect Reduce -22.5% 0.33% −0.31
XLC SS Comm Select Sector SPDR Reduce -24.8% 0.23% −0.24
IVV iShares Core S&P 500 ETF Reduce -13.6% 0.27% −0.24
PFF iShares Preferred & Income S Reduce -32.4% 0.15% −0.21
XLRE SS Real Estate Select Sector Reduce -19.9% 0.23% −0.20
GOOGL Alphabet Inc. Class A Reduce -22.3% 0.13% −0.19
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -3.6% 0.22% −0.17
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.17
XLE SS Energy Select Sector Reduce -61.0% 0.06% −0.17
CWB SS SPDR BB Conv Sec ETF Reduce -17.0% 0.16% −0.15
DIS The Walt Disney Co. Reduce -12.7% 0.14% −0.14
SHYG iShares 0-5 YR HY Corp. Bond Reduce -32.8% 0.10% −0.13
VCIT Vanguard Int-Term Corporate Reduce -11.6% 0.17% −0.13
VGIT Vanguard Intermediate-Term T Reduce -16.9% 0.14% −0.12
UNH Unitedhealth Group Inc. Reduce -67.8% 0.03% −0.12
IJR iShares Core S&P Small-Cap E Reduce -19.5% 0.10% −0.11
DGRO iShares Core Dividend Growth Reduce -22.4% 0.11% −0.11
XLV SS Health Care Select Sector Reduce -27.2% 0.10% −0.10
IJH iShares Core S&P Midcap ETF Reduce -16.1% 0.10% −0.10
CMCSA Comcast Corp. Class A Sold out 0.00% −0.09
UBER Uber Technologies Inc. Reduce -30.4% 0.10% −0.09
META Meta Platforms Inc. Class A Reduce -6.1% 0.13% −0.09
JNJ Johnson & Johnson Reduce -9.8% 0.15% −0.08
VLO Valero Energy Corp. Sold out 0.00% −0.07
GOOG Alphabet Inc. Class C Reduce -17.9% 0.05% −0.06
VTI VG Morningstar TS MKT ETF-US Reduce -4.2% 0.08% −0.06
COST Costco Wholesale Corp. Reduce -12.7% 0.08% −0.06
LOW Lowe's Cos Inc. Sold out 0.00% −0.06
FTEC Fidelity MSCI Info Tech Indx Reduce -20.7% 0.04% −0.05
SPYG SS SPDR P S&P 500 Growth ETF Sold out 0.00% −0.05
IWM iShares Russell 2000 ETF Reduce -1.2% 0.06% −0.05
CSCO Cisco Systems Inc. Reduce -29.3% 0.04% −0.05
VCSH Vanguard S/T Corp. Bond ETF Sold out 0.00% −0.05
PEP Pepsico Inc. Reduce -30.1% 0.04% −0.05
GILD Gilead Sciences Inc. Reduce -43.6% 0.04% −0.05

Portfolio Buys Q4 2024 → Q1 2025
UFEB Innovator U.S. Equity Ultra New 4.37% +4.37
UJAN Innovator U.S. Equity Ultra New 4.36% +4.36
SPYM Ste STR SPDR PT S&P 500 ETF Add +906.5% 3.51% +2.96
UDEC Innovator U.S. Equity Ultra Add +247.8% 4.38% +2.37
UOCT Innovator U.S. Equity Ultra Add +243.8% 4.39% +2.36
UNOV Innovator U.S. Equity Ultra Add +242.3% 4.40% +2.36
AAPL Apple Inc. Add +14761.8% 1.80% +1.78
VEA Vanguard Ftse Developed ETF Add +573.9% 1.35% +1.05
ACIO Aptus Collared Invest Opp Add +1029.4% 0.88% +0.75
RSP Invesco S&P 500 Equal Weight Add +1029.7% 0.79% +0.68
OSCV Opus Small Cap Value ETF Add +1143.8% 0.61% +0.53
QQQ Invesco QQQ Trust Series 1 Add +1763.6% 0.58% +0.52
AMZN Amazon.com Inc. Add +6308.5% 0.45% +0.44
VWO Vanguard Ftse Emerging Marke Add +307.9% 0.62% +0.39
AMAT Applied Materials Inc. Add +80962.5% 0.38% +0.38
JPM JPMorgan Chase & Co. Add +1848.0% 0.39% +0.36
GD General Dynamics Corp. Add +5585.2% 0.36% +0.35
IDUB Aptus Intl Enhan YLD ETF Add +1105.7% 0.40% +0.35
GLDM SPDR Gold Minishares Trust New 0.35% +0.35
LNG Cheniere Energy Inc. Add +4809.6% 0.35% +0.34
TMUS T-Mobile US Inc. Add +4405.1% 0.34% +0.33
LHX L3HARRIS Technologies Inc. Add +4671.3% 0.34% +0.33
FANG Diamondback Energy Inc. Add +4756.5% 0.34% +0.32
XOM Exxon Mobil Corp. Add +697.1% 0.39% +0.32
LDOS Leidos Holdings Inc. Add +5056.9% 0.33% +0.32
BAC Bank of America Corp. Add +10715.1% 0.32% +0.32
BKR Baker Hughes Co. Add +3854.1% 0.32% +0.31
NOC Northrop Grumman Corp. Add +6076.0% 0.32% +0.31
PKG Packaging Corp. of America Add +5732.2% 0.32% +0.31
V Visa Inc. Class A Add +1999.1% 0.33% +0.30
BRK.B Berkshire Hathaway Inc. Class B Add +2280.7% 0.31% +0.29
C Citigroup Inc. Add +3928.2% 0.30% +0.29
MU Micron Technology Inc. Add +4318.2% 0.30% +0.29
THC Tenet Healthcare Corp. Add +4700.6% 0.30% +0.29
PR Permian Resources Corp. Class A Add +4082.7% 0.28% +0.27
QCOM Qualcomm Inc. Add +559.9% 0.35% +0.27
PJAN Innovator U.S. Equity Power New 0.27% +0.27
FOXA Fox Corp. Class A Add +370.4% 0.37% +0.27
WFC Wells Fargo & Co. Add +3463.7% 0.28% +0.27
PFEB Innovator U.S. Equity Power New 0.26% +0.26
EME Emcor Group Inc. Add +6609.0% 0.26% +0.26
MS Morgan Stanley Add +4224.4% 0.27% +0.26
GS Goldman Sachs Group Inc. Add +5113.6% 0.26% +0.25
UTHR United Therapeutics Corp. Add +5823.7% 0.24% +0.23
OKE Oneok Inc. Add +322.1% 0.37% +0.23
XLB SS Materials Select Sector New 0.23% +0.23
URI United Rentals Inc. Add +6812.8% 0.23% +0.22
AVGO Broadcom Inc. Add +489.1% 0.32% +0.20
LMT Lockheed Martin Corp. Add +217.4% 0.40% +0.19
NVDA Nvidia Corp. Add +130.0% 0.76% +0.14

Notes & Other Activity Q4 2024 → Q1 2025
ESS Essex Property Trust Inc. COM Sold out 0 $16before exit
PGR Progressive Corp. COM Sold out 0 $2before exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 231$854.9MBKAG, DRSK, VGSH, JAAA, UJAN
Q1 2026 187$752.8MBKAG, DRSK, UOCT, UNOV, UDEC
Q2 2025 300$726.0MBKAG, DRSK, JAAA, VGSH, UDEC
Q1 2025 174$745.8MBKAG, DRSK, JAAA, VGSH, UNOV
Q4 2024Amended 293$478.5MBKAG, DRSK, VGSH, MBB, JAAA
Q3 2024 295$475.3MBKAG, DRSK, VGSH, MBB, JUCY