Topsail Wealth Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Topsail Wealth Management, LLC reported 267 stock positions worth $682.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 25.0% of the portfolio, followed by Vanguard Tax-Exempt Bond ETF (VTEB, 8.1%) and Vanguard S&P 500 ETF (VOO, 7.8%). Compared with Q3 2025, it opened 15 new positions, sold out of 5, added to 94 and reduced 41. The biggest buy was Vanguard Ftse All-World Ex-U (VEU, shares +99%) and the biggest sale Cincinnati Financial (CINF, shares −6%).

Most Recent 13F
Q2 2026
Location
CHARLOTTE, NC
CIK
0002056627
Portfolio Value
$682.6M (Q4 2025)
SEC Filing
0001398344-26-002201 ↗ filed Feb 4, 2026

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q4 2024: $468.0M Q4 2024 Q1 2025: $491.5M Q1 2025 Q2 2025: $546.9M Q2 2025 Q3 2025: $590.5M Q3 2025 Q4 2025: $682.6M $682.6M Q4 2025 Q1 2026: $677.7M Q1 2026 Q2 2026: $783.0M Q2 2026

Holdings 267 stocks · $682.6M
VTI VG Morningstar TS MKT ETF-US 24.95% 508,061 $170.3M Add +12.8%
VTEB Vanguard Tax-Exempt Bond ETF 8.15% 1,105,980 $55.6M Add +1.0%
VOO Vanguard S&P 500 ETF 7.84% 85,292 $53.5M Add +39.7%
VXUS Vanguard Total Intl Stock 7.46% 674,934 $50.9M Add +5.5%
CINF Cincinnati Financial Corp. 7.16% 297,642 $48.9M Reduce -6.1%
VEU Vanguard Ftse All-World Ex-U 6.99% 648,987 $47.7M Add +99.3%
VCRM Vanguard Core Tax-Ex Bond 3.62% 326,854 $24.7M Add +63.4%
VEA Vanguard Ftse Developed ETF 2.43% 265,694 $16.6M Reduce -0.7%
VCIT Vanguard Int-Term Corporate 2.29% 186,512 $15.6M Add +5.6%
VXF Vanguard Extended Market ETF 2.11% 68,869 $14.4M Add +47.1%
BND Vanguard Total Bond Market 1.85% 170,111 $12.6M Add +21.9%
BNDX Vanguard Total Intl Bond ETF 1.44% 203,884 $9.9M Add +10.9%
SPY SS SPDR S&P 500 ETF Trust-US 1.25% 12,510 $8.5M No change
MSFT Microsoft Corp. 1.24% 17,506 $8.5M Add +6.0%
DFUS Dimensional US Eq MKT ETF 1.11% 101,967 $7.6M Add +2.8%
AAPL Apple Inc. 1.03% 25,753 $7.0M Add +4.8%
VTES Vanguard SH Term Tax-Ex Bond 0.76% 51,105 $5.2M Add +0.0%
MUB iShares National Muni Bond E 0.53% 33,634 $3.6M Add +0.3%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.51% 13,935 $3.5M No change
GOOGL Alphabet Inc. Class A 0.51% 11,079 $3.5M Add +0.3%
SCHB Schwab US Broad Market ETF 0.46% 120,749 $3.2M Add +0.1%
BRK.A Berkshire Hathaway Inc. Class A 0.44% 4 $3.0M No change
AMZN Amazon.com Inc. 0.40% 11,895 $2.7M Add +0.1%
DFAX Dimensional World Ex US Core 0.38% 78,419 $2.6M Add +1.5%
V Visa Inc. Class A 0.36% 7,011 $2.5M Reduce -2.4%
VSDM Vanguard Short Tax-Ex Bond 0.36% 32,136 $2.5M Add +1.1%
VCSH Vanguard S/T Corp. Bond ETF 0.34% 29,487 $2.4M Reduce -1.5%
EFA iShares MSCI Eafe ETF 0.34% 24,154 $2.3M Add +2.5%
NVDA Nvidia Corp. 0.34% 12,425 $2.3M Add +0.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 11,739 $2.2M Reduce -13.2%
JPM JPMorgan Chase & Co. 0.32% 6,856 $2.2M Add +10.2%
META Meta Platforms Inc. Class A 0.32% 3,321 $2.2M Reduce -0.8%
QQQ Invesco QQQ Trust Series 1 0.31% 3,426 $2.1M Add +1.0%
MDY State Street SPDR S&P Midcap 0.31% 3,481 $2.1M Add +0.6%
IWM iShares Russell 2000 ETF 0.30% 8,282 $2.0M Add +6.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.28% 9,071 $1.9M No change
AKRE Akre Focus ETF filed as PROFESIONALLY MANAGED PORTFO 0.28% 28,735 $1.9M New
VCRB Vanguard Core Bond ETF 0.28% 24,121 $1.9M Reduce -3.1%
PG The Procter & Gamble Co. 0.27% 12,683 $1.8M Add +13.3%
RDVY First Trust Rising Dividend 0.24% 23,272 $1.6M Add +2.9%
VWO Vanguard Ftse Emerging Marke 0.23% 28,845 $1.6M Reduce -0.5%
VB Vanguard Most SM-Cap ETF-Usd 0.22% 5,730 $1.5M Reduce -12.4%
ACWX iShares MSCI Acwi Ex US ETF 0.22% 21,949 $1.5M No change
VCLT Vanguard Long-Term Corp. Bond 0.22% 19,359 $1.5M Reduce -19.8%
RSP Invesco S&P 500 Equal Weight 0.21% 7,632 $1.5M Add +2.8%
GOOG Alphabet Inc. Class C 0.20% 4,312 $1.4M No change
TXN Texas Instruments Inc. 0.20% 7,764 $1.3M Reduce -0.9%
APH Amphenol Corp. Class A 0.18% 9,031 $1.2M No change
IWF iShares Russell 1000 Growth 0.17% 2,486 $1.2M No change
BRK.B Berkshire Hathaway Inc. Class B 0.17% 2,316 $1.2M Add +2.6%
VTC Vanguard Total Corporate BND 0.17% 14,813 $1.2M Add +1.4%
DFAI Dimensional International Co. 0.16% 28,250 $1.1M Add +0.2%
LLY Eli Lilly & Co. 0.15% 980 $1.1M Add +33.0%
ABBV Abbvie Inc. 0.15% 4,585 $1.0M Add +63.6%
VGT Vanguard Info Tech ETF 0.15% 1,386 $1.0M Add +1.4%
FV First Trust DW Focus 5 Fund 0.14% 15,294 $962K Reduce -0.7%
FVD First Trust Value Line DVD 0.13% 19,123 $881K Reduce -3.1%
IWB iShares Russell 1000 ETF 0.13% 2,334 $872K No change
FDN First Trust DJ Internet Ind 0.12% 3,159 $850K Add +2.4%
IJK iShares S&P Mid-Cap 400 Grow 0.12% 8,691 $842K No change
HD Home Depot Inc. 0.12% 2,441 $840K Reduce -11.2%
VIG Vanguard Dividend Apprec ETF 0.12% 3,697 $812K Add +0.5%
UNH Unitedhealth Group Inc. 0.12% 2,459 $812K Add +0.2%
GRSD Grandstand Ltd. filed as GAMBLING COM GROUP LIMITED 0.12% 148,512 $811K No change
IWV iShares Russell 3000 ETF 0.11% 1,931 $747K No change
MS Morgan Stanley 0.10% 3,685 $654K No change
MCD McDonald's Corp. 0.09% 2,093 $640K Add +41.0%
IDXX Idexx Laboratories Inc. 0.09% 945 $639K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.09% 2,153 $625K No change
BX Blackstone Inc. 0.09% 4,005 $617K Add +102.6%
WMT Walmart Inc. 0.09% 5,525 $617K Add +2.2%
Q Qnity Electronics Inc. 0.09% 7,492 $612K No change
DD Dupont DE Nemours Inc. 0.09% 14,988 $603K No change
BLK BlackRock Inc. 0.09% 544 $582K No change
IWP iShares Russell Mid-Cap Grow 0.09% 4,235 $580K Add +1.3%
NKE Nike Inc. Class B 0.08% 8,793 $564K Reduce -0.2%
BSJT Invesco Bulletshares 2029 HY 0.08% 26,147 $562K Add +25.4%
AVGO Broadcom Inc. 0.08% 1,601 $554K Add +0.5%
LMT Lockheed Martin Corp. 0.08% 1,134 $548K Add +1.0%
MRK Merck & Co. Inc. 0.08% 5,101 $541K Add +16.6%
JNJ Johnson & Johnson 0.08% 2,595 $537K Add +0.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.08% 1,097 $535K No change
XLK SS Technology Select Sector 0.08% 3,612 $520K No change
TMO Thermo Fisher Scientific Inc. 0.08% 889 $516K Add +1.4%
RTX RTX Corp. 0.08% 2,801 $514K Add +1.0%
IJJ iShares S&P Mid-Cap 400 Valu 0.07% 3,660 $482K No change
XOM Exxon Mobil Corp. 0.07% 4,000 $481K Add +5.4%
MDYV SS SPDR S&P 400 MC Val ETF 0.07% 5,663 $480K No change
CSCO Cisco Systems Inc. 0.07% 6,111 $471K Add +4.5%
GE General Electric filed as GE AEROSPACE 0.07% 1,520 $468K Add +1.9%
BSJS Invesco Bulletshares 2028 HY 0.07% 21,160 $466K Add +25.5%
BSJR Invesco Bulletshares 2027 HY 0.07% 20,331 $460K Add +7.9%
SPGI S&P Global Inc. 0.07% 878 $459K Reduce -3.8%
ABT Abbott Laboratories 0.07% 3,644 $457K Reduce -8.0%
ACN Accenture PLC Class A 0.07% 1,695 $455K Add +7.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 1,534 $454K Add +74.5%
QCOM Qualcomm Inc. 0.06% 2,586 $442K Add +12.5%
IWS iShares Russell Mid-Cap Valu 0.06% 3,084 $435K No change
FDL First Trust Morn DVD Lead Inc. 0.06% 9,740 $432K Reduce -2.5%
CRH CRH PLC 0.06% 3,406 $425K Add +0.1%
GS Goldman Sachs Group Inc. 0.06% 479 $421K No change
NEE Nextera Energy Inc. 0.06% 5,066 $407K Add +0.1%
VGLT Vanguard Long-Term Treasury 0.06% 7,249 $405K Add +6.2%
BSV Vanguard Short-Term Bond ETF 0.06% 5,034 $397K Reduce -2.5%
APO Apollo Global Management Inc. 0.06% 2,716 $393K Reduce -0.4%
SCHD Schwab US DVD Equity ETF 0.06% 14,142 $388K No change
SOXQ Invesco PHLX Semiconductor 0.06% 6,905 $385K Add +2.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.06% 6,946 $382K No change
CWB SS SPDR BB Conv Sec ETF 0.06% 4,274 $381K Add +28.7%
SPYG SS SPDR P S&P 500 Growth ETF 0.05% 3,464 $370K No change
PLTR Palantir Technologies Inc. Class A 0.05% 2,072 $368K Reduce -1.1%
FPE FT-Preferred Secur & Inc. ETF 0.05% 20,206 $368K Reduce -0.8%
SLYV SS SPDR S&P 600 SC Val ETF 0.05% 4,023 $366K Add +2.3%
ORCL Oracle Corp. 0.05% 1,827 $356K Reduce -0.5%
DOW Dow Inc. 0.05% 15,194 $355K Add +1.1%
FDD First Trust Stoxx Europe 0.05% 20,175 $353K Add +29.5%
KO The Coca-Cola Co. 0.05% 5,044 $353K New
ENB Enbridge Inc. 0.05% 7,301 $349K No change
DLTR Dollar Tree Inc. 0.05% 2,768 $340K Add +0.5%
AGG iShares Core U.S. Aggregate 0.05% 3,399 $340K Reduce -19.6%
KNG FT Vest S&P 500 DVD Arst TRG 0.05% 6,610 $325K No change
ISRG Intuitive Surgical Inc. 0.05% 563 $319K Add +3.7%
ASML ASML Holding NV-NY Reg SHS 0.05% 295 $316K No change
MA Mastercard Inc. Class A 0.05% 547 $312K Reduce -3.5%
PEP Pepsico Inc. 0.05% 2,132 $309K Add +8.4%
TSLA Tesla Inc. 0.04% 667 $300K Add +0.1%
BSJU Invesco Bulletshares 2030 HY 0.04% 11,157 $291K New
AMAT Applied Materials Inc. 0.04% 1,076 $277K Reduce -5.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.04% 550 $265K No change
COST Costco Wholesale Corp. 0.04% 305 $263K Reduce -19.7%
JCI Johnson Controls Internation 0.04% 2,186 $263K No change
LOW Lowe's Cos Inc. 0.04% 1,083 $261K Reduce -3.0%
GEV GE Vernova Inc. 0.04% 394 $258K Add +2.1%
QTEC First Trust Nasdq 100 Tech I 0.04% 1,115 $257K No change
LRCX Lam Research Corp. 0.04% 1,493 $256K No change
FAUG FT Vest U.S. Equity Buffer E 0.04% 4,820 $255K No change
MU Micron Technology Inc. 0.04% 883 $252K New
SHM SS SPDR N Ice St Muni ETF 0.04% 5,239 $251K No change
CVS CVS Health Corp. 0.04% 3,154 $250K No change
CL Colgate-Palmolive Co. 0.04% 3,166 $250K Add +10.6%
IJH iShares Core S&P Midcap ETF 0.04% 3,726 $246K Add +0.1%
CRM Salesforce Inc. 0.04% 921 $244K Reduce -3.4%
VWOB Vanguard Emerg MKTS Gov BND 0.04% 3,596 $242K Add +1.6%
AMT American Tower Corp. 0.03% 1,287 $226K Reduce -3.4%
UNP Union Pacific Corp. 0.03% 969 $224K Add +0.8%
NSC Norfolk Southern Corp. 0.03% 768 $222K No change
NOC Northrop Grumman Corp. 0.03% 386 $220K No change
CMCSA Comcast Corp. Class A 0.03% 7,316 $219K Reduce -4.4%
HON Honeywell International Inc. 0.03% 1,118 $218K Reduce -2.4%
MCK McKesson Corp. 0.03% 261 $214K Add +0.8%
SCHM Schwab US Mid Cap ETF 0.03% 7,079 $213K No change
VYM Vanguard High DVD Yield ETF 0.03% 1,479 $212K No change
DVY iShares Select Dividend ETF 0.03% 1,500 $212K No change
SCHA Schwab US Small-Cap ETF 0.03% 7,409 $211K No change
MDYG SS SPDR S&P 400 MC GR ETF 0.03% 2,270 $210K Add +3.9%
CAT Caterpillar Inc. 0.03% 366 $210K New
APD Air Products & Chemicals Inc. 0.03% 828 $205K Reduce -11.8%
AXP American Express Co. 0.03% 546 $202K New
SPEM State Street SP PTF Em ETF 0.03% 4,310 $202K Add +4.5%
IJR iShares Core S&P Small-Cap E 0.03% 1,677 $202K Add +0.1%
IWR iShares Russell Mid-Cap ETF 0.03% 2,076 $200K No change
SPYV SS SPDR P S&P 500 Value ETF 0.03% 3,275 $186K No change
IFV First Trust DW Focus 5 Intl 0.03% 7,200 $179K Add +4.3%
FEP First Trust Europe 0.02% 3,000 $161K No change
FXD First Trust Consumer Discret 0.02% 2,339 $160K Add +1.3%
QMAG FT NDQ100 Mod Buff ETF - Aug 0.02% 6,530 $155K No change
SLYG SS SPDR S&P 600 SC GR ETF 0.02% 1,597 $150K No change
IWN iShares Russell 2000 Value E 0.02% 823 $149K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.02% 3,470 $148K Add +767.5%
VT Vanguard Tot World STK ETF 0.02% 1,037 $146K No change
EEM iShares MSCI Emerging Market 0.02% 2,652 $145K No change
SDY SS SPDR S&P Dividend ETF 0.02% 1,000 $139K No change
FXH First Trust Health Care Alph 0.02% 1,196 $136K Reduce -6.7%
QSPT FT Vest Nasdaq-100 Buffer Et 0.02% 4,275 $135K Add +7.5%
IVE iShares S&P 500 Value ETF 0.02% 604 $128K No change
QQQJ Invesco Nasdaq Next Gen 100 0.02% 3,455 $127K Add +7.8%
IVV iShares Core S&P 500 ETF 0.02% 174 $119K No change
FTCB FT Core Investment Grade ETF 0.02% 5,335 $113K No change
VYMI Vanguard Int High DVD YLD Inc. 0.02% 1,255 $113K No change
VNQ Vanguard Real Estate ETF 0.02% 1,260 $111K No change
XLF SS Financial Select Sector 0.02% 2,000 $110K No change
GDEC FT Vest US Equity Moderate B 0.02% 2,800 $106K Add +40.0%
VGSH Vanguard Short-Term Treasury 0.02% 1,759 $103K Add +11.9%
SPSM SS SPDR P S&P 600 Small Cap 0.01% 2,170 $102K Add +85.5%
FTSL First Trust Senior Loan ETF 0.01% 2,200 $101K New
DFIC Dimensional International Co. 0.01% 2,810 $97K Add +143.3%
QJUN FT Vest Nasdaq-100 Buffer Et 0.01% 2,750 $88K No change
IJT iShares S&P Small-Cap 600 GR 0.01% 576 $81K No change
SKYY First Trust Cloud Computing 0.01% 623 $81K No change
HYLS FT Tactical High Yield ETF 0.01% 1,850 $77K Reduce -7.5%
DSEP FT Vest U.S. Equity Deep Buf 0.01% 1,650 $74K No change
IWD iShares Russell 1000 Value E 0.01% 349 $73K No change
EMLP First Trust North American E 0.01% 1,800 $68K No change
RDVI FT Vest Rising Dividend Achi 0.01% 2,500 $66K New
XLE SS Energy Select Sector 0.01% 1,400 $63K No change
QDEC FT Vest Nasdaq-100 Buffer Et 0.01% 1,907 $62K Add +122.5%
IJS iShares S&P Small-Cap 600 Va 0.01% 532 $60K No change
BSCR Invesco Bulletshares 2027 CB 0.01% 3,035 $60K No change
FSEP FT Vest U.S. Equity Buffer E 0.01% 1,143 $59K Add +35.6%
PFF iShares Preferred & Income S 0.01% 1,875 $58K Reduce -31.8%
FDT First Trust Develp MKT Ex-US 0.01% 717 $57K No change
DNOV FT Vest US Equity Deep Buffe 0.01% 1,005 $49K Reduce -66.2%
VGK Vanguard Ftse Europe ETF 0.01% 575 $48K No change
DJUN FT Vest US Equity Deep Buffe 0.01% 1,000 $47K No change
FXU First Trust Utilities Alphad 0.01% 1,000 $45K No change
DFEM Dimensional Emrg MRKT Core 0.01% 1,335 $44K Add +87.8%
FXN First Trust Energy Alphadex 0.01% 2,600 $43K No change
RFG Invesco S&P Midcap 400 Pure 0.01% 750 $39K No change
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.01% 138 $39K No change
FFEB FT Vest US Equity Buffer ETF 0.01% 650 $37K Add +333.3%
PSK SS SPDR Ice Pref Sec ETF 0.01% 1,158 $37K No change
DIHP Dimensional International Hi 0.01% 1,144 $36K Add +0.4%
VIGI Vanguard Int Div App Indx FD 0.01% 389 $36K No change
DAUG FT Vest U.S. Equity Deep Buf 0.01% 800 $35K No change
SJNK SS SPDR BB St Hi Yield ETF 0.01% 1,335 $34K Reduce -69.9%
QCOC FT NDQ100 CNS Buff ETF - Oct 0.00% 1,500 $34K No change
DFLV Dim US Large Cap Value ETF 0.00% 958 $33K No change
XLV SS Health Care Select Sector 0.00% 210 $33K New
GNOV FT Vest US Equity Moderate B 0.00% 800 $32K No change
VTHR Vanguard Russell 3000 0.00% 101 $30K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.00% 355 $29K No change
BSCT Invesco Bulletshares 2029 CB 0.00% 1,500 $28K No change
GAUG FT Vest US Equity Moderate B 0.00% 700 $27K No change
BSCS Invesco Bulletshares 2028 CB 0.00% 1,330 $27K No change
QMAR FT Vest Nasdaq-100 Buffer Et 0.00% 800 $26K Reduce -20.0%
SNOV FT Vest US Small Cap Moderat 0.00% 1,000 $25K No change
FOCT FT Vest U.S. Equity Buffer E 0.00% 500 $24K Add +150.0%
DJUL FT Vest US Equity Deep Buffe 0.00% 500 $24K No change
SOXX iShares Semiconductor ETF 0.00% 75 $23K No change
DDEC FT Vest U.S. Equity Deep Buf 0.00% 500 $23K No change
WOOD iShares Global Timber & Fore 0.00% 300 $22K No change
VTWO Vanguard Russell 2000 ETF 0.00% 215 $21K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.00% 62 $20K No change
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.00% 156 $17K New
SCHX Schwab US Large-Cap ETF 0.00% 630 $17K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.00% 349 $15K No change
QCLN First Trust Nasdaq Clean Edg 0.00% 344 $15K New
FTXO First Trust Nasdaq Bank ETF 0.00% 400 $15K No change
IUSV iShares Core S&P U.S. Value 0.00% 134 $14K No change
OEF iShares S&P 100 ETF 0.00% 40 $14K Reduce -38.5%
USIG iShares Broad Usd Investment 0.00% 256 $13K No change
BKLN Invesco Senior Loan ETF 0.00% 560 $12K Reduce -15.2%
FJUL FT Vest US Equity Buffer ETF 0.00% 200 $11K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.00% 189 $11K No change
FIIG FT Intermed Dur Ig Corp. ETF 0.00% 450 $10K No change
FXG First Trust Consumer Staples 0.00% 135 $8K No change
DFEB FT Vest U.S. Equity Deep Buf 0.00% 168 $8K No change
FDEC FT Vest U.S. Equity Buffer E 0.00% 125 $6K New
SCHP Schwab U.S. Tips ETF 0.00% 224 $6K No change
EFV iShares MSCI Eafe Value ETF 0.00% 67 $5K No change
TMAR FT Vest Eme Mar Buf ETF - Ma 0.00% 200 $5K No change
EFG iShares MSCI Eafe Growth ETF 0.00% 36 $4K No change
DFAC Dimensional US Core Equity 2 0.00% 100 $4K No change
TDEC FT Vest Em Buff ETF Dec 0.00% 150 $4K New
BSCQ Invesco Bulletshares 2026 CB 0.00% 150 $3K No change
WCME FT WCM Developing World ETF 0.00% 150 $3K No change
WCMI FT WCM International ETF 0.00% 150 $3K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.00% 31 $2K No change
ESGV Vanguard ESG US Stock ETF 0.00% 20 $2K No change
DFIS Dimensional International SM 0.00% 71 $2K No change
MBB iShares MBS ETF 0.00% 24 $2K No change
VGIT Vanguard Intermediate-Term T 0.00% 33 $2K No change
ITOT iShares Core S&P Total U.S. 0.00% 12 $2K No change
BNDW Vanguard Total World Bond Et 0.00% 22 $1K Add +4.8%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.00% 15 $1K New
SHY iShares 1-3 Year Treasury Bo 0.00% 5 $414 New
VOE Vngrd Mrngstr MD-Cap Val ETF 0.00% 2 $355 No change
Other holdings (1): bonds, preferreds, convertibles and warrants · $237K (not counted above)
SecurityClassShares / PrincipalValueChange
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 189$237KNo change

Total filed on the 13F, all lines: $682.8M.

Portfolio Sells Q3 2025 → Q4 2025
CINF Cincinnati Financial Corp. Reduce -6.1% 7.16% −1.37
VEA Vanguard Ftse Developed ETF Reduce -0.7% 2.43% −0.28
VCLT Vanguard Long-Term Corp. Bond Reduce -19.8% 0.22% −0.10
VTV Vanguard Mrngstr Val ETF-Aui Reduce -13.2% 0.33% −0.10
META Meta Platforms Inc. Class A Reduce -0.8% 0.32% −0.10
VB Vanguard Most SM-Cap ETF-Usd Reduce -12.4% 0.22% −0.07
HD Home Depot Inc. Reduce -11.2% 0.12% −0.07
VCSH Vanguard S/T Corp. Bond ETF Reduce -1.5% 0.34% −0.06
VCRB Vanguard Core Bond ETF Reduce -3.1% 0.28% −0.06
V Visa Inc. Class A Reduce -2.4% 0.36% −0.05
TXN Texas Instruments Inc. Reduce -0.9% 0.20% −0.05
DE Deere & Co. Sold out 0.00% −0.04
VWO Vanguard Ftse Emerging Marke Reduce -0.5% 0.23% −0.04
ORCL Oracle Corp. Reduce -0.5% 0.05% −0.04
CTAS Cintas Corp. Sold out 0.00% −0.04
NFLX Netflix Inc. Sold out 0.00% −0.03
FVD First Trust Value Line DVD Reduce -3.1% 0.13% −0.03
ABT Abbott Laboratories Reduce -8.0% 0.07% −0.02
AGG iShares Core U.S. Aggregate Reduce -19.6% 0.05% −0.02
NKE Nike Inc. Class B Reduce -0.2% 0.08% −0.02
COST Costco Wholesale Corp. Reduce -19.7% 0.04% −0.02
FV First Trust DW Focus 5 Fund Reduce -0.7% 0.14% −0.02
DNOV FT Vest US Equity Deep Buffe Reduce -66.2% 0.01% −0.02
SJNK SS SPDR BB St Hi Yield ETF Reduce -69.9% 0.01% −0.01
APD Air Products & Chemicals Inc. Reduce -11.8% 0.03% −0.01
BSV Vanguard Short-Term Bond ETF Reduce -2.5% 0.06% −0.01
PLTR Palantir Technologies Inc. Class A Reduce -1.1% 0.05% −0.01
AMT American Tower Corp. Reduce -3.4% 0.03% −0.01
FDL First Trust Morn DVD Lead Inc. Reduce -2.5% 0.06% −0.01
LOW Lowe's Cos Inc. Reduce -3.0% 0.04% −0.01
FPE FT-Preferred Secur & Inc. ETF Reduce -0.8% 0.05% −0.01
HON Honeywell International Inc. Reduce -2.4% 0.03% −0.01
MA Mastercard Inc. Class A Reduce -3.5% 0.05% −0.01
CMCSA Comcast Corp. Class A Reduce -4.4% 0.03% −0.01
SPGI S&P Global Inc. Reduce -3.8% 0.07% −0.01
PFF iShares Preferred & Income S Reduce -31.8% 0.01% −0.01
APO Apollo Global Management Inc. Reduce -0.4% 0.06% −0.00
FXH First Trust Health Care Alph Reduce -6.7% 0.02% −0.00
HYLS FT Tactical High Yield ETF Reduce -7.5% 0.01% −0.00
CRM Salesforce Inc. Reduce -3.4% 0.04% −0.00
FNOV FT Vest US Equity Buffer ETF Sold out 0.00% −0.00
OEF iShares S&P 100 ETF Reduce -38.5% 0.00% −0.00
QMAR FT Vest Nasdaq-100 Buffer Et Reduce -20.0% 0.00% −0.00
FMAR FT Vest US Equity Buffer ETF Sold out 0.00% −0.00
BKLN Invesco Senior Loan ETF Reduce -15.2% 0.00% −0.00
AMAT Applied Materials Inc. Reduce -5.1% 0.04% +0.00

Portfolio Buys Q3 2025 → Q4 2025
VEU Vanguard Ftse All-World Ex-U Add +99.3% 6.99% +3.06
VOO Vanguard S&P 500 ETF Add +39.7% 7.84% +1.49
VCRM Vanguard Core Tax-Ex Bond Add +63.4% 3.62% +1.07
VXF Vanguard Extended Market ETF Add +47.1% 2.11% +0.45
AKRE Akre Focus ETF New 0.28% +0.28
BND Vanguard Total Bond Market Add +21.9% 1.85% +0.09
LLY Eli Lilly & Co. Add +33.0% 0.15% +0.06
GOOGL Alphabet Inc. Class A Add +0.3% 0.51% +0.05
KO The Coca-Cola Co. New 0.05% +0.05
ABBV Abbvie Inc. Add +63.6% 0.15% +0.04
BSJU Invesco Bulletshares 2030 HY New 0.04% +0.04
MU Micron Technology Inc. New 0.04% +0.04
BX Blackstone Inc. Add +102.6% 0.09% +0.03
CAT Caterpillar Inc. New 0.03% +0.03
AXP American Express Co. New 0.03% +0.03
IBM Intl Business Machines Corp. Add +74.5% 0.07% +0.02
XLU St Sr Utl SL SE SPDR ETF-Usd Add +767.5% 0.02% +0.02
MCD McDonald's Corp. Add +41.0% 0.09% +0.02
MRK Merck & Co. Inc. Add +16.6% 0.08% +0.02
FTSL First Trust Senior Loan ETF New 0.01% +0.01
RDVI FT Vest Rising Dividend Achi New 0.01% +0.01
FDD First Trust Stoxx Europe Add +29.5% 0.05% +0.01
DFIC Dimensional International Co. Add +143.3% 0.01% +0.01
BSJT Invesco Bulletshares 2029 HY Add +25.4% 0.08% +0.01
DLTR Dollar Tree Inc. Add +0.5% 0.05% +0.01
SPSM SS SPDR P S&P 600 Small Cap Add +85.5% 0.01% +0.01
ISRG Intuitive Surgical Inc. Add +3.7% 0.05% +0.01
BSJS Invesco Bulletshares 2028 HY Add +25.5% 0.07% +0.01
CWB SS SPDR BB Conv Sec ETF Add +28.7% 0.06% +0.01
XLV SS Health Care Select Sector New 0.00% +0.00
QDEC FT Vest Nasdaq-100 Buffer Et Add +122.5% 0.01% +0.00
FFEB FT Vest US Equity Buffer ETF Add +333.3% 0.01% +0.00
TMO Thermo Fisher Scientific Inc. Add +1.4% 0.08% +0.00
GDEC FT Vest US Equity Moderate B Add +40.0% 0.02% +0.00
DFEM Dimensional Emrg MRKT Core Add +87.8% 0.01% +0.00
LQD Ishr Ibx Usd Invgd CB ETF-Ui New 0.00% +0.00
QCLN First Trust Nasdaq Clean Edg New 0.00% +0.00
FOCT FT Vest U.S. Equity Buffer E Add +150.0% 0.00% +0.00
FSEP FT Vest U.S. Equity Buffer E Add +35.6% 0.01% +0.00
CSCO Cisco Systems Inc. Add +4.5% 0.07% +0.00
FDEC FT Vest U.S. Equity Buffer E New 0.00% +0.00
TDEC FT Vest Em Buff ETF Dec New 0.00% +0.00
ACN Accenture PLC Class A Add +7.1% 0.07% +0.00
HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 0.00% +0.00
SHY iShares 1-3 Year Treasury Bo New 0.00% +0.00
QCOM Qualcomm Inc. Add +12.5% 0.06% +0.00
BNDW Vanguard Total World Bond Et Add +4.8% 0.00% 0.00
VGSH Vanguard Short-Term Treasury Add +11.9% 0.02% −0.00
DIHP Dimensional International Hi Add +0.4% 0.01% −0.00
QQQJ Invesco Nasdaq Next Gen 100 Add +7.8% 0.02% −0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 296$783.0MVTI, VXUS, VOO, CINF, VEU
Q1 2026 293$677.7MVTI, VTEB, VXUS, VOO, VEU
Q4 2025 267$682.6MVTI, VTEB, VOO, VXUS, CINF
Q3 2025 256$590.5MVTI, VTEB, CINF, VXUS, VOO
Q2 2025 239$546.9MVTI, VTEB, CINF, VXUS, VOO
Q1 2025 224$491.5MVTI, VTEB, CINF, VXUS, VOO
Q4 2024 201$468.0MVTI, VTEB, CINF, VXUS, VOO