Topsail Wealth Management, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Topsail Wealth Management, LLC reported 256 stock positions worth $590.5 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 25.1% of the portfolio, followed by Vanguard Tax-Exempt Bond ETF (VTEB, 9.3%) and Cincinnati Financial (CINF, 8.5%). Compared with Q2 2025, it opened 21 new positions, sold out of 4, added to 73 and reduced 38. The biggest buy was Vanguard Core Tax-Ex Bond (VCRM, shares +81%) and the biggest sale Vanguard Tax-Exempt Bond ETF (VTEB, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- CHARLOTTE, NC
- CIK
- 0002056627
- Portfolio Value
- $590.5M (Q3 2025)
- SEC Filing
- 0001398344-25-020269 ↗ filed Nov 4, 2025
Holdings Value
Holdings 256 stocks · $590.5M
| VTI VG Morningstar TS MKT ETF-US | 25.11% | 450,500 | $148.2M | Add +1.6% |
| VTEB Vanguard Tax-Exempt Bond ETF | 9.28% | 1,094,873 | $54.8M | Reduce -13.8% |
| CINF Cincinnati Financial Corp. | 8.53% | 317,002 | $50.4M | No change |
| VXUS Vanguard Total Intl Stock | 7.96% | 639,617 | $47.0M | Add +4.2% |
| VOO Vanguard S&P 500 ETF | 6.35% | 61,056 | $37.5M | Add +0.2% |
| VEU Vanguard Ftse All-World Ex-U | 3.94% | 325,670 | $23.2M | Reduce -0.3% |
| VEA Vanguard Ftse Developed ETF | 2.72% | 267,683 | $16.0M | Reduce -0.3% |
| VCRM Vanguard Core Tax-Ex Bond | 2.55% | 200,004 | $15.1M | Add +81.3% |
| VCIT Vanguard Int-Term Corporate | 2.52% | 176,598 | $14.9M | Add +4.8% |
| BND Vanguard Total Bond Market | 1.76% | 139,588 | $10.4M | Add +9.2% |
| VXF Vanguard Extended Market ETF | 1.66% | 46,831 | $9.8M | Reduce -3.3% |
| BNDX Vanguard Total Intl Bond ETF | 1.54% | 183,853 | $9.1M | Add +7.7% |
| MSFT Microsoft Corp. | 1.45% | 16,509 | $8.6M | Add +7.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.41% | 12,510 | $8.3M | Add +0.7% |
| DFUS Dimensional US Eq MKT ETF | 1.22% | 99,227 | $7.2M | Reduce -5.2% |
| AAPL Apple Inc. | 1.06% | 24,582 | $6.3M | Add +2.0% |
| VTES Vanguard SH Term Tax-Ex Bond | 0.88% | 51,102 | $5.2M | Add +0.0% |
| MUB iShares National Muni Bond E | 0.60% | 33,543 | $3.6M | Add +0.8% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.58% | 13,935 | $3.4M | No change |
| SCHB Schwab US Broad Market ETF | 0.52% | 120,563 | $3.1M | Add +0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.51% | 4 | $3.0M | Reduce -20.0% |
| GOOGL Alphabet Inc. Class A | 0.46% | 11,051 | $2.7M | Add +1.6% |
| AMZN Amazon.com Inc. | 0.44% | 11,885 | $2.6M | Reduce -11.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.43% | 13,517 | $2.5M | Add +5.8% |
| META Meta Platforms Inc. Class A | 0.42% | 3,349 | $2.5M | Add +3.3% |
| V Visa Inc. Class A | 0.42% | 7,180 | $2.5M | Add +2.9% |
| VSDM Vanguard Short Tax-Ex Bond | 0.41% | 31,787 | $2.4M | New |
| DFAX Dimensional World Ex US Core | 0.41% | 77,239 | $2.4M | Add +0.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.41% | 29,937 | $2.4M | Add +11.3% |
| NVDA Nvidia Corp. | 0.39% | 12,361 | $2.3M | Add +3.8% |
| EFA iShares MSCI Eafe ETF | 0.37% | 23,554 | $2.2M | Add +160.7% |
| MDY State Street SPDR S&P Midcap | 0.35% | 3,461 | $2.1M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.34% | 3,391 | $2.0M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 0.33% | 6,223 | $2.0M | Add +3.5% |
| VCRB Vanguard Core Bond ETF | 0.33% | 24,906 | $2.0M | Add +66.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.32% | 9,071 | $1.9M | No change |
| IWM iShares Russell 2000 ETF | 0.32% | 7,774 | $1.9M | Reduce -5.8% |
| VCLT Vanguard Long-Term Corp. Bond | 0.32% | 24,132 | $1.9M | Add +1.4% |
| PG The Procter & Gamble Co. | 0.29% | 11,191 | $1.7M | Reduce -10.2% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.28% | 6,544 | $1.7M | No change |
| VWO Vanguard Ftse Emerging Marke | 0.27% | 28,976 | $1.6M | Reduce -2.0% |
| RDVY First Trust Rising Dividend | 0.26% | 22,607 | $1.5M | Add +3.8% |
| TXN Texas Instruments Inc. | 0.24% | 7,834 | $1.4M | Reduce -0.2% |
| ACWX iShares MSCI Acwi Ex US ETF | 0.24% | 21,949 | $1.4M | No change |
| RSP Invesco S&P 500 Equal Weight | 0.24% | 7,421 | $1.4M | Reduce -0.7% |
| GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED | 0.21% | 148,512 | $1.2M | No change |
| DD Dupont DE Nemours Inc. | 0.20% | 14,988 | $1.2M | No change |
| IWF iShares Russell 1000 Growth | 0.20% | 2,486 | $1.2M | No change |
| VTC Vanguard Total Corporate BND | 0.19% | 14,606 | $1.1M | Add +1.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 2,257 | $1.1M | Reduce -8.3% |
| APH Amphenol Corp. Class A | 0.19% | 9,031 | $1.1M | No change |
| HD Home Depot Inc. | 0.19% | 2,750 | $1.1M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.18% | 4,312 | $1.1M | Reduce -0.0% |
| DFAI Dimensional International Co. | 0.17% | 28,200 | $1.0M | Reduce -22.9% |
| VGT Vanguard Info Tech ETF | 0.17% | 1,367 | $1.0M | Reduce -1.5% |
| FV First Trust DW Focus 5 Fund | 0.16% | 15,403 | $949K | Add +1.9% |
| FVD First Trust Value Line DVD | 0.15% | 19,729 | $912K | Reduce -1.8% |
| FDN First Trust DJ Internet Ind | 0.15% | 3,085 | $863K | No change |
| IWB iShares Russell 1000 ETF | 0.14% | 2,334 | $853K | No change |
| UNH Unitedhealth Group Inc. | 0.14% | 2,453 | $847K | Add +7.5% |
| IJK iShares S&P Mid-Cap 400 Grow | 0.14% | 8,691 | $833K | Reduce -0.1% |
| VIG Vanguard Dividend Apprec ETF | 0.13% | 3,677 | $797K | Add +0.3% |
| IWV iShares Russell 3000 ETF | 0.12% | 1,931 | $732K | No change |
| ABBV Abbvie Inc. | 0.11% | 2,802 | $649K | Add +68.9% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.11% | 2,153 | $635K | Add +19.6% |
| BLK BlackRock Inc. | 0.11% | 544 | $634K | Reduce -4.2% |
| NKE Nike Inc. Class B | 0.10% | 8,812 | $618K | Reduce -4.7% |
| IDXX Idexx Laboratories Inc. | 0.10% | 945 | $604K | No change |
| IWP iShares Russell Mid-Cap Grow | 0.10% | 4,181 | $595K | Add +7.7% |
| MS Morgan Stanley | 0.10% | 3,685 | $586K | No change |
| LLY Eli Lilly & Co. | 0.10% | 737 | $562K | Add +0.3% |
| LMT Lockheed Martin Corp. | 0.09% | 1,123 | $561K | Add +68.4% |
| WMT Walmart Inc. | 0.09% | 5,408 | $557K | Add +1.7% |
| ABT Abbott Laboratories | 0.09% | 3,959 | $530K | Add +9.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.09% | 1,097 | $527K | Add +2.6% |
| AVGO Broadcom Inc. | 0.09% | 1,593 | $526K | Add +0.1% |
| ORCL Oracle Corp. | 0.09% | 1,837 | $517K | New |
| XLK SS Technology Select Sector | 0.09% | 1,806 | $509K | No change |
| JNJ Johnson & Johnson | 0.08% | 2,581 | $479K | Add +5.9% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.08% | 3,660 | $475K | Reduce -0.5% |
| MDYV SS SPDR S&P 400 MC Val ETF | 0.08% | 5,663 | $472K | Add +0.1% |
| RTX RTX Corp. | 0.08% | 2,773 | $464K | No change |
| MCD McDonald's Corp. | 0.08% | 1,484 | $451K | Add +1.4% |
| BSJT Invesco Bulletshares 2029 HY | 0.08% | 20,847 | $450K | Add +3.0% |
| GE General Electric filed as GE AEROSPACE | 0.08% | 1,491 | $449K | Add +13.3% |
| SPGI S&P Global Inc. | 0.08% | 913 | $444K | Add +9.1% |
| FDL First Trust Morn DVD Lead Inc. | 0.07% | 9,985 | $433K | No change |
| IWS iShares Russell Mid-Cap Valu | 0.07% | 3,084 | $431K | No change |
| BSJR Invesco Bulletshares 2027 HY | 0.07% | 18,846 | $429K | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.07% | 3,796 | $428K | Reduce -12.5% |
| TMO Thermo Fisher Scientific Inc. | 0.07% | 877 | $426K | Add +4.8% |
| AGG iShares Core U.S. Aggregate | 0.07% | 4,230 | $424K | Add +0.5% |
| CRH CRH PLC | 0.07% | 3,401 | $408K | No change |
| BSV Vanguard Short-Term Bond ETF | 0.07% | 5,163 | $407K | Add +1.0% |
| CSCO Cisco Systems Inc. | 0.07% | 5,847 | $400K | Reduce -12.1% |
| ACN Accenture PLC Class A | 0.07% | 1,583 | $390K | Reduce -1.4% |
| VGLT Vanguard Long-Term Treasury | 0.07% | 6,829 | $388K | Add +38.9% |
| SCHD Schwab US DVD Equity ETF | 0.07% | 14,142 | $386K | No change |
| PLTR Palantir Technologies Inc. Class A | 0.06% | 2,096 | $382K | No change |
| QCOM Qualcomm Inc. | 0.06% | 2,298 | $382K | New |
Other holdings (1): bonds, preferreds, convertibles and warrants · $242K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 189 | $242K | No change |
Total filed on the 13F, all lines: $590.7M.
Portfolio Sells Q2 2025 → Q3 2025
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -13.8% | 9.28% | −2.10 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -20.0% | 0.51% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -11.8% | 0.44% | −0.10 |
| VEA Vanguard Ftse Developed ETF | Reduce -0.3% | 2.72% | −0.08 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.3% | 3.94% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -10.2% | 0.29% | −0.07 |
| DFUS Dimensional US Eq MKT ETF | Reduce -5.2% | 1.22% | −0.06 |
| DFAI Dimensional International Co. | Reduce -22.9% | 0.17% | −0.06 |
| TXN Texas Instruments Inc. | Reduce -0.2% | 0.24% | −0.05 |
| VXF Vanguard Extended Market ETF | Reduce -3.3% | 1.66% | −0.05 |
| AMAT Applied Materials Inc. | Reduce -53.4% | 0.04% | −0.04 |
| MRSH Marsh & McLennan Cos | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Sold out | 0.00% | −0.04 |
| BDN Brandywine Realty Trust | Sold out | 0.00% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -8.3% | 0.19% | −0.03 |
| CVS CVS Health Corp. | Reduce -36.7% | 0.04% | −0.02 |
| ACN Accenture PLC Class A | Reduce -1.4% | 0.07% | −0.02 |
| AMT American Tower Corp. | Reduce -16.5% | 0.04% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -12.1% | 0.07% | −0.02 |
| NKE Nike Inc. Class B | Reduce -4.7% | 0.10% | −0.02 |
| DOW Dow Inc. | Reduce -1.1% | 0.06% | −0.02 |
| ISRG Intuitive Surgical Inc. | Reduce -1.6% | 0.04% | −0.01 |
| XOM Exxon Mobil Corp. | Reduce -12.5% | 0.07% | −0.01 |
| CL Colgate-Palmolive Co. | Reduce -5.6% | 0.04% | −0.01 |
| COST Costco Wholesale Corp. | Reduce -1.0% | 0.06% | −0.01 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.7% | 0.24% | −0.01 |
| FVD First Trust Value Line DVD | Reduce -1.8% | 0.15% | −0.01 |
| DE Deere & Co. | Reduce -0.2% | 0.04% | −0.01 |
| HON Honeywell International Inc. | Reduce -0.5% | 0.04% | −0.01 |
| FPE FT-Preferred Secur & Inc. ETF | Reduce -6.2% | 0.06% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -5.8% | 0.32% | −0.01 |
| IJK iShares S&P Mid-Cap 400 Grow | Reduce -0.1% | 0.14% | −0.00 |
| IJJ iShares S&P Mid-Cap 400 Valu | Reduce -0.5% | 0.08% | −0.00 |
| FTSL First Trust Senior Loan ETF | Sold out | 0.00% | −0.00 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -6.9% | 0.02% | −0.00 |
| BLK BlackRock Inc. | Reduce -4.2% | 0.11% | −0.00 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.0% | 0.27% | −0.00 |
| VIGI Vanguard Int Div App Indx FD | Reduce -10.6% | 0.01% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -0.3% | 0.06% | −0.00 |
| HD Home Depot Inc. | Reduce -0.1% | 0.19% | +0.00 |
| VGT Vanguard Info Tech ETF | Reduce -1.5% | 0.17% | +0.00 |
| GOOG Alphabet Inc. Class C | Reduce -0.0% | 0.18% | +0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| VCRM Vanguard Core Tax-Ex Bond | Add +81.3% | 2.55% | +1.06 |
| VSDM Vanguard Short Tax-Ex Bond | New | 0.41% | +0.41 |
| VTI VG Morningstar TS MKT ETF-US | Add +1.6% | 25.11% | +0.38 |
| EFA iShares MSCI Eafe ETF | Add +160.7% | 0.37% | +0.22 |
| VXUS Vanguard Total Intl Stock | Add +4.2% | 7.96% | +0.21 |
| AAPL Apple Inc. | Add +2.0% | 1.06% | +0.16 |
| VCRB Vanguard Core Bond ETF | Add +66.4% | 0.33% | +0.12 |
| GOOGL Alphabet Inc. Class A | Add +1.6% | 0.46% | +0.10 |
| ORCL Oracle Corp. | New | 0.09% | +0.09 |
| QCOM Qualcomm Inc. | New | 0.06% | +0.06 |
| APO Apollo Global Management Inc. | New | 0.06% | +0.06 |
| BX Blackstone Inc. | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +68.9% | 0.11% | +0.05 |
| NVDA Nvidia Corp. | Add +3.8% | 0.39% | +0.05 |
| MSFT Microsoft Corp. | Add +7.0% | 1.45% | +0.04 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| NOC Northrop Grumman Corp. | New | 0.04% | +0.04 |
| NSC Norfolk Southern Corp. | New | 0.04% | +0.04 |
| LMT Lockheed Martin Corp. | Add +68.4% | 0.09% | +0.04 |
| BND Vanguard Total Bond Market | Add +9.2% | 1.76% | +0.04 |
| LRCX Lam Research Corp. | New | 0.03% | +0.03 |
| MCK McKesson Corp. | New | 0.03% | +0.03 |
| SPEM State Street SP PTF Em ETF | New | 0.03% | +0.03 |
| FEP First Trust Europe | New | 0.03% | +0.03 |
| VGLT Vanguard Long-Term Treasury | Add +38.9% | 0.07% | +0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +19.6% | 0.11% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +11.3% | 0.41% | +0.01 |
| GE General Electric | Add +13.3% | 0.08% | +0.01 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +5.8% | 0.43% | +0.01 |
| MA Mastercard Inc. Class A | Add +42.8% | 0.05% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +3.5% | 0.33% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +7.5% | 0.14% | +0.01 |
| JNJ Johnson & Johnson | Add +5.9% | 0.08% | +0.01 |
| TSLA Tesla Inc. | Add +2.5% | 0.05% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +4.8% | 0.07% | +0.01 |
| FDT First Trust Develp MKT Ex-US | New | 0.01% | +0.01 |
| AVGO Broadcom Inc. | Add +0.1% | 0.09% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.7% | 1.41% | +0.01 |
| RDVY First Trust Rising Dividend | Add +3.8% | 0.26% | +0.01 |
| BAC Bank of America Corp. | Add +12.6% | 0.06% | +0.01 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.2% | 0.34% | +0.01 |
| LOW Lowe's Cos Inc. | Add +8.2% | 0.05% | +0.01 |
| VGSH Vanguard Short-Term Treasury | Add +57.4% | 0.02% | +0.00 |
| SLYV SS SPDR S&P 600 SC Val ETF | Add +5.6% | 0.06% | +0.00 |
| VWOB Vanguard Emerg MKTS Gov BND | Add +17.6% | 0.04% | +0.00 |
| PEP Pepsico Inc. | Add +10.7% | 0.05% | +0.00 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.6% | 0.09% | +0.00 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | New | 0.00% | +0.00 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +46.3% | 0.01% | +0.00 |
| FDD First Trust Stoxx Europe | Add +10.8% | 0.04% | +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 |