Topsail Wealth Management, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 31, 2025), Topsail Wealth Management, LLC reported 239 stock positions worth $546.9 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 24.7% of the portfolio, followed by Vanguard Tax-Exempt Bond ETF (VTEB, 11.4%) and Cincinnati Financial (CINF, 8.6%). Compared with Q1 2025, it opened 19 new positions, sold out of 4, added to 59 and reduced 61. The biggest buy was a new position in Vanguard SH Term Tax-Ex Bond (VTES) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0002056627
- Portfolio Value
- $546.9M (Q2 2025)
- SEC Filing
- 0001398344-25-014250 ↗ filed Jul 31, 2025
Holdings Value
Holdings 239 stocks · $546.9M
| VTI VG Morningstar TS MKT ETF-US | 24.72% | 443,518 | $135.2M | Add +1.7% |
| VTEB Vanguard Tax-Exempt Bond ETF | 11.38% | 1,269,611 | $62.2M | Reduce -0.8% |
| CINF Cincinnati Financial Corp. | 8.63% | 317,002 | $47.2M | Reduce -2.8% |
| VXUS Vanguard Total Intl Stock | 7.75% | 613,670 | $42.4M | Reduce -0.6% |
| VOO Vanguard S&P 500 ETF | 6.35% | 60,950 | $34.7M | Add +7.8% |
| VEU Vanguard Ftse All-World Ex-U | 4.01% | 326,646 | $22.0M | Add +5.3% |
| VEA Vanguard Ftse Developed ETF | 2.80% | 268,589 | $15.3M | Add +0.0% |
| VCIT Vanguard Int-Term Corporate | 2.56% | 168,589 | $14.0M | Add +7.0% |
| BND Vanguard Total Bond Market | 1.72% | 127,780 | $9.4M | Add +5.2% |
| VXF Vanguard Extended Market ETF | 1.71% | 48,429 | $9.3M | Add +3.5% |
| BNDX Vanguard Total Intl Bond ETF | 1.54% | 170,680 | $8.5M | Add +4.5% |
| VCRM Vanguard Core Tax-Ex Bond | 1.48% | 110,311 | $8.1M | Add +39.5% |
| MSFT Microsoft Corp. | 1.40% | 15,434 | $7.7M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.40% | 12,418 | $7.7M | Add +4.3% |
| DFUS Dimensional US Eq MKT ETF | 1.28% | 104,638 | $7.0M | Add +28.5% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.94% | 51,100 | $5.2M | New |
| AAPL Apple Inc. | 0.90% | 24,102 | $4.9M | Reduce -2.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.67% | 5 | $3.6M | Add +25.0% |
| MUB iShares National Muni Bond E | 0.64% | 33,275 | $3.5M | New |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.57% | 13,935 | $3.1M | No change |
| AMZN Amazon.com Inc. | 0.54% | 13,481 | $3.0M | Reduce -0.2% |
| SCHB Schwab US Broad Market ETF | 0.52% | 120,390 | $2.9M | Reduce -19.1% |
| V Visa Inc. Class A | 0.45% | 6,977 | $2.5M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 0.44% | 3,241 | $2.4M | Add +1.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.42% | 12,779 | $2.3M | Add +2.1% |
| DFAX Dimensional World Ex US Core | 0.41% | 76,595 | $2.2M | Add +0.9% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.39% | 26,902 | $2.1M | Add +4.3% |
| PG The Procter & Gamble Co. | 0.36% | 12,455 | $2.0M | Reduce -3.5% |
| MDY State Street SPDR S&P Midcap | 0.36% | 3,461 | $2.0M | Reduce -7.4% |
| GOOGL Alphabet Inc. Class A | 0.35% | 10,882 | $1.9M | Add +3.8% |
| NVDA Nvidia Corp. | 0.34% | 11,910 | $1.9M | Reduce -1.9% |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 3,350 | $1.8M | Add +7.7% |
| VCLT Vanguard Long-Term Corp. Bond | 0.33% | 23,786 | $1.8M | Add +1.5% |
| IWM iShares Russell 2000 ETF | 0.33% | 8,256 | $1.8M | Add +6.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.32% | 9,071 | $1.8M | No change |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 0.32% | 148,512 | $1.8M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 0.32% | 6,015 | $1.7M | Add +0.3% |
| TXN Texas Instruments Inc. | 0.30% | 7,849 | $1.6M | Reduce -4.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.28% | 6,544 | $1.6M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 29,562 | $1.5M | No change |
| RDVY First Trust Rising Dividend | 0.25% | 21,777 | $1.4M | Add +28.1% |
| RSP Invesco S&P 500 Equal Weight | 0.25% | 7,471 | $1.4M | Add +1.0% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.24% | 21,949 | $1.3M | No change |
| DFAI Dimensional International Co. | 0.23% | 36,572 | $1.3M | Add +1.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.22% | 2,462 | $1.2M | Reduce -1.9% |
| VCRB Vanguard Core Bond ETF | 0.21% | 14,964 | $1.2M | Add +405.7% |
| VTC Vanguard Total Corporate BND | 0.20% | 14,427 | $1.1M | Reduce -0.3% |
| IWF iShares Russell 1000 Growth | 0.19% | 2,486 | $1.1M | No change |
| DD Dupont DE Nemours Inc. | 0.19% | 14,988 | $1.0M | Reduce -0.4% |
| HD Home Depot Inc. | 0.18% | 2,754 | $1.0M | Reduce -5.4% |
| VGT Vanguard Info Tech ETF | 0.17% | 1,388 | $921K | Add +77.5% |
| FVD First Trust Value Line DVD | 0.16% | 20,081 | $898K | Add +7.5% |
| FV First Trust DW Focus 5 Fund | 0.16% | 15,109 | $895K | Add +22.2% |
| APH Amphenol Corp. Class A | 0.16% | 9,031 | $892K | Reduce -0.0% |
| FDN First Trust DJ Internet Ind | 0.15% | 3,085 | $831K | Reduce -1.0% |
| EFA iShares MSCI Eafe ETF | 0.15% | 9,034 | $808K | Add +12.4% |
| IWB iShares Russell 1000 ETF | 0.14% | 2,334 | $793K | No change |
| IJK iShares S&P Mid-Cap 400 Grow | 0.14% | 8,703 | $792K | No change |
| GOOG Alphabet Inc. Class C | 0.14% | 4,313 | $765K | Reduce -0.0% |
| VIG Vanguard Dividend Apprec ETF | 0.14% | 3,667 | $754K | Add +24.1% |
| UNH Unitedhealth Group Inc. | 0.13% | 2,281 | $712K | Reduce -5.2% |
| IWV iShares Russell 3000 ETF | 0.12% | 1,931 | $678K | No change |
| NKE Nike Inc. Class B | 0.12% | 9,248 | $661K | Reduce -3.3% |
| BLK BlackRock Inc. | 0.11% | 568 | $596K | Add +17.1% |
| LLY Eli Lilly & Co. | 0.10% | 735 | $573K | Reduce -5.3% |
| IWP iShares Russell Mid-Cap Grow | 0.10% | 3,881 | $538K | Reduce -1.3% |
| WMT Walmart Inc. | 0.10% | 5,319 | $520K | Reduce -18.1% |
| MS Morgan Stanley | 0.09% | 3,685 | $519K | Reduce -13.4% |
| IDXX Idexx Laboratories Inc. | 0.09% | 945 | $507K | Reduce -0.8% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.09% | 1,800 | $506K | No change |
| ABT Abbott Laboratories | 0.09% | 3,616 | $492K | Add +3.1% |
| ACN Accenture PLC Class A | 0.09% | 1,606 | $480K | Add +4.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.09% | 1,069 | $469K | Add +104.8% |
| XOM Exxon Mobil Corp. | 0.09% | 4,340 | $468K | Reduce -8.8% |
| CSCO Cisco Systems Inc. | 0.08% | 6,648 | $461K | Add +0.1% |
| XLK SS Technology Select Sector | 0.08% | 1,806 | $457K | No change |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.08% | 3,678 | $455K | No change |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.08% | 5,658 | $449K | Add +1.8% |
| AMAT Applied Materials Inc. | 0.08% | 2,431 | $445K | Reduce -4.1% |
| SPGI S&P Global Inc. | 0.08% | 837 | $441K | Reduce -1.6% |
| AVGO Broadcom Inc. | 0.08% | 1,592 | $439K | Reduce -6.3% |
| BSJT Invesco Bulletshares 2029 HY | 0.08% | 20,237 | $436K | Add +37.8% |
| MCD McDonald's Corp. | 0.08% | 1,464 | $428K | Reduce -14.9% |
| BSJR Invesco Bulletshares 2027 HY | 0.08% | 18,746 | $426K | Add +13.6% |
| FDL First Trust Morn DVD Lead Inc. | 0.08% | 9,985 | $418K | Reduce -2.7% |
| AGG iShares Core U.S. Aggregate | 0.08% | 4,209 | $418K | Add +0.2% |
| IWS iShares Russell Mid-Cap Valu | 0.07% | 3,084 | $408K | No change |
| RTX RTX Corp. | 0.07% | 2,773 | $405K | Reduce -1.4% |
| BSV Vanguard Short-Term Bond ETF | 0.07% | 5,114 | $402K | Add +0.9% |
| DOW Dow Inc. | 0.07% | 15,196 | $402K | Add +1.4% |
| FPE FT-Preferred Secur & Inc. ETF | 0.07% | 21,721 | $387K | No change |
| COST Costco Wholesale Corp. | 0.07% | 384 | $380K | Add +9.7% |
| SCHD Schwab US DVD Equity ETF | 0.07% | 14,142 | $375K | No change |
| JNJ Johnson & Johnson | 0.07% | 2,438 | $372K | Reduce -9.2% |
| BSJS Invesco Bulletshares 2028 HY | 0.06% | 16,060 | $354K | Add +21.8% |
| AMT American Tower Corp. | 0.06% | 1,596 | $353K | Reduce -0.4% |
| NEE Nextera Energy Inc. | 0.06% | 5,032 | $349K | Reduce -14.7% |
| MRK Merck & Co. Inc. | 0.06% | 4,387 | $347K | Reduce -9.8% |
| CVS CVS Health Corp. | 0.06% | 4,985 | $344K | Add +0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.06% | 837 | $339K | Reduce -1.8% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $229K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 189 | $229K | No change |
Total filed on the 13F, all lines: $547.2M.
Portfolio Sells Q1 2025 → Q2 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -0.8% | 11.38% | −1.55 |
| CINF Cincinnati Financial Corp. | Reduce -2.8% | 8.63% | −1.22 |
| AAPL Apple Inc. | Reduce -2.4% | 0.90% | −0.21 |
| SCHB Schwab US Broad Market ETF | Reduce -19.1% | 0.52% | −0.13 |
| UNH Unitedhealth Group Inc. | Reduce -5.2% | 0.13% | −0.13 |
| PG The Procter & Gamble Co. | Reduce -3.5% | 0.36% | −0.08 |
| GRSD Grandstand Ltd. | Reduce -0.2% | 0.32% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.9% | 0.22% | −0.05 |
| VXUS Vanguard Total Intl Stock | Reduce -0.6% | 7.75% | −0.05 |
| V Visa Inc. Class A | Reduce -0.8% | 0.45% | −0.05 |
| MDY State Street SPDR S&P Midcap | Reduce -7.4% | 0.36% | −0.05 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.04 |
| DD Dupont DE Nemours Inc. | Reduce -0.4% | 0.19% | −0.04 |
| PEP Pepsico Inc. | Reduce -33.0% | 0.04% | −0.04 |
| HD Home Depot Inc. | Reduce -5.4% | 0.18% | −0.03 |
| MCD McDonald's Corp. | Reduce -14.9% | 0.08% | −0.03 |
| BSJQ Invesco Bulletshares 2026 HY | Sold out | 0.00% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -8.8% | 0.09% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -9.8% | 0.06% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -5.3% | 0.10% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.8% | 0.06% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -22.9% | 0.05% | −0.02 |
| JNJ Johnson & Johnson | Reduce -9.2% | 0.07% | −0.02 |
| VTC Vanguard Total Corporate BND | Reduce -0.3% | 0.20% | −0.02 |
| WMT Walmart Inc. | Reduce -18.1% | 0.10% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -14.7% | 0.06% | −0.02 |
| SUB iShares Short-Term National | Sold out | 0.00% | −0.02 |
| FXD First Trust Consumer Discret | Reduce -38.8% | 0.03% | −0.02 |
| HON Honeywell International Inc. | Reduce -23.7% | 0.05% | −0.02 |
| ABBV Abbvie Inc. | Reduce -1.7% | 0.06% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -20.8% | 0.04% | −0.02 |
| FDL First Trust Morn DVD Lead Inc. | Reduce -2.7% | 0.08% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -12.6% | 0.06% | −0.01 |
| MRSH Marsh & McLennan Cos | Reduce -2.6% | 0.04% | −0.01 |
| CTAS Cintas Corp. | Reduce -17.8% | 0.04% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -3.9% | 0.05% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -4.7% | 0.04% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -0.3% | 0.05% | −0.01 |
| BAC Bank of America Corp. | Reduce -14.0% | 0.05% | −0.01 |
| UNP Union Pacific Corp. | Reduce -3.9% | 0.04% | −0.01 |
| SPGI S&P Global Inc. | Reduce -1.6% | 0.08% | −0.01 |
| BSJP Invesco Bulletshares 2025 HY | Sold out | 0.00% | −0.01 |
| AMT American Tower Corp. | Reduce -0.4% | 0.06% | −0.01 |
| KO The Coca-Cola Co. | Reduce -2.7% | 0.04% | −0.01 |
| MS Morgan Stanley | Reduce -13.4% | 0.09% | −0.01 |
| NKE Nike Inc. Class B | Reduce -3.3% | 0.12% | −0.00 |
| ISRG Intuitive Surgical Inc. | Reduce -3.3% | 0.05% | −0.00 |
| RTX RTX Corp. | Reduce -1.4% | 0.07% | −0.00 |
| DE Deere & Co. | Reduce -0.5% | 0.05% | −0.00 |
| TXN Texas Instruments Inc. | Reduce -4.1% | 0.30% | −0.00 |
Portfolio Buys Q1 2025 → Q2 2025
| VTES Vanguard SH Term Tax-Ex Bond | New | 0.94% | +0.94 |
| MUB iShares National Muni Bond E | New | 0.64% | +0.64 |
| VOO Vanguard S&P 500 ETF | Add +7.8% | 6.35% | +0.44 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.7% | 24.72% | +0.34 |
| VCRM Vanguard Core Tax-Ex Bond | Add +39.5% | 1.48% | +0.29 |
| DFUS Dimensional US Eq MKT ETF | Add +28.5% | 1.28% | +0.28 |
| VEU Vanguard Ftse All-World Ex-U | Add +5.3% | 4.01% | +0.19 |
| VCRB Vanguard Core Bond ETF | Add +405.7% | 0.21% | +0.17 |
| VGT Vanguard Info Tech ETF | Add +77.5% | 0.17% | +0.08 |
| VXF Vanguard Extended Market ETF | Add +3.5% | 1.71% | +0.07 |
| META Meta Platforms Inc. Class A | Add +1.8% | 0.44% | +0.06 |
| PLTR Palantir Technologies Inc. Class A | New | 0.05% | +0.05 |
| VGLT Vanguard Long-Term Treasury | New | 0.05% | +0.05 |
| RDVY First Trust Rising Dividend | Add +28.1% | 0.25% | +0.05 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +4.3% | 1.40% | +0.05 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +104.8% | 0.09% | +0.05 |
| CRM Salesforce Inc. | New | 0.04% | +0.04 |
| QTEC First Trust Nasdq 100 Tech I | New | 0.04% | +0.04 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.04% | +0.04 |
| JCI Johnson Controls Internation | New | 0.04% | +0.04 |
| NFLX Netflix Inc. | New | 0.04% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +7.7% | 0.34% | +0.04 |
| FDD First Trust Stoxx Europe | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | New | 0.04% | +0.04 |
| VWOB Vanguard Emerg MKTS Gov BND | New | 0.04% | +0.04 |
| FV First Trust DW Focus 5 Fund | Add +22.2% | 0.16% | +0.03 |
| VEA Vanguard Ftse Developed ETF | Add +0.0% | 2.80% | +0.02 |
| VIG Vanguard Dividend Apprec ETF | Add +24.1% | 0.14% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +3.8% | 0.35% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.32% | +0.02 |
| BSJT Invesco Bulletshares 2029 HY | Add +37.8% | 0.08% | +0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +25.0% | 0.67% | +0.02 |
| BLK BlackRock Inc. | Add +17.1% | 0.11% | +0.02 |
| EFA iShares MSCI Eafe ETF | Add +12.4% | 0.15% | +0.01 |
| GE General Electric | Add +7.1% | 0.06% | +0.01 |
| IWM iShares Russell 2000 ETF | Add +6.5% | 0.33% | +0.01 |
| VGSH Vanguard Short-Term Treasury | New | 0.01% | +0.01 |
| DLTR Dollar Tree Inc. | Add +0.2% | 0.05% | +0.01 |
| BSJS Invesco Bulletshares 2028 HY | Add +21.8% | 0.06% | +0.01 |
| DFAX Dimensional World Ex US Core | Add +0.9% | 0.41% | +0.01 |
| SPSM SS SPDR P S&P 600 Small Cap | New | 0.01% | +0.01 |
| SNOV FT Vest US Small Cap Moderat | New | 0.00% | +0.00 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +0.1% | 0.06% | +0.00 |
| BSJR Invesco Bulletshares 2027 HY | Add +13.6% | 0.08% | +0.00 |
| COST Costco Wholesale Corp. | Add +9.7% | 0.07% | +0.00 |
| DFAI Dimensional International Co. | Add +1.3% | 0.23% | +0.00 |
| FMAR FT Vest US Equity Buffer ETF | New | 0.00% | +0.00 |
| IFV First Trust DW Focus 5 Intl | Add +1.5% | 0.03% | +0.00 |
| QMAR FT Vest Nasdaq-100 Buffer Et | Add +25.0% | 0.01% | +0.00 |
| QQQJ Invesco Nasdaq Next Gen 100 | Add +6.7% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 296 | $783.0M | VTI, VXUS, VOO, CINF, VEU |
| Q1 2026 | 293 | $677.7M | VTI, VTEB, VXUS, VOO, VEU |
| Q4 2025 | 267 | $682.6M | VTI, VTEB, VOO, VXUS, CINF |
| Q3 2025 | 256 | $590.5M | VTI, VTEB, CINF, VXUS, VOO |
| Q2 2025 | 239 | $546.9M | VTI, VTEB, CINF, VXUS, VOO |
| Q1 2025 | 224 | $491.5M | VTI, VTEB, CINF, VXUS, VOO |
| Q4 2024 | 201 | $468.0M | VTI, VTEB, CINF, VXUS, VOO |