Wealth Effects LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 22, 2024), Wealth Effects LLC reported 217 stock positions worth $271.1 million. Its top holding was Avadel Pharmaceuticals plc (AVDL) at 14.1% of the portfolio, followed by Nvidia (NVDA, 7.4%) and Apple (AAPL, 5.6%). Compared with Q4 2023, it opened 14 new positions, sold out of 24, added to 55 and reduced 116. The biggest buy was Reaves Utility Income Fund (UTG, shares +68%) and the biggest sale an exit from Adobe (ADBE).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001907254
- Portfolio Value
- $271.1M (Q1 2024)
- SEC Filing
- 0001951757-24-000362 ↗ filed Apr 22, 2024
Holdings Value
Holdings 217 stocks · $271.1M
| AVDL Avadel Pharmaceuticals plc | 14.11% | 2,264,226 | $38.2M | Reduce -6.3% |
| NVDA Nvidia Corp. | 7.36% | 22,083 | $20.0M | Reduce -10.8% |
| AAPL Apple Inc. | 5.65% | 89,270 | $15.3M | Reduce -6.8% |
| AMZN Amazon.com Inc. | 4.04% | 60,773 | $11.0M | Reduce -3.0% |
| MSFT Microsoft Corp. | 3.15% | 20,267 | $8.5M | Reduce -2.5% |
| VTI VG Morningstar TS MKT ETF-US | 2.55% | 26,638 | $6.9M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 2.25% | 30,477 | $6.1M | Reduce -5.8% |
| META Meta Platforms Inc. Class A | 2.06% | 11,500 | $5.6M | Reduce -9.7% |
| GOOGL Alphabet Inc. Class A | 1.98% | 35,542 | $5.4M | Reduce -1.5% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.82% | 56,438 | $4.9M | Reduce -0.5% |
| ARWR Arrowhead Pharmaceuticals Inc. | 1.74% | 164,460 | $4.7M | Add +1.6% |
| BX Blackstone Inc. | 1.25% | 25,830 | $3.4M | Reduce -1.2% |
| IVV iShares Core S&P 500 ETF | 1.06% | 5,481 | $2.9M | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.00% | 14,146 | $2.7M | Add +16.0% |
| CVX Chevron Corp. | 0.90% | 15,510 | $2.4M | Reduce -8.7% |
| URI United Rentals Inc. | 0.90% | 3,390 | $2.4M | Reduce -0.7% |
| JEPI JPMorgan Equity Premium Inco | 0.81% | 37,989 | $2.2M | Reduce -1.1% |
| LLY Eli Lilly & Co. | 0.81% | 2,814 | $2.2M | Reduce -5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.80% | 5,181 | $2.2M | Reduce -3.0% |
| ABBV Abbvie Inc. | 0.79% | 11,708 | $2.1M | Reduce -3.4% |
| GIS General Mills Inc. | 0.75% | 29,016 | $2.0M | Add +2.9% |
| BA The Boeing Co. | 0.74% | 10,419 | $2.0M | Add +8.4% |
| S Sentinelone Inc. Class A | 0.74% | 85,850 | $2.0M | Add +3.8% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.73% | 5,720 | $2.0M | Add +2.2% |
| RDVY First Trust Rising Dividend | 0.72% | 34,815 | $2.0M | Add +0.9% |
| PI Impinj Inc. | 0.72% | 15,145 | $1.9M | Add +1.0% |
| DOCN Digitalocean Holdings Inc. | 0.68% | 48,050 | $1.8M | Add +3.6% |
| ITOT iShares Core S&P Total U.S. | 0.68% | 15,889 | $1.8M | Reduce -1.2% |
| VZ Verizon Communications Inc. | 0.65% | 41,988 | $1.8M | Reduce -6.7% |
| UNH Unitedhealth Group Inc. | 0.64% | 3,526 | $1.7M | Add +18.7% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.64% | 32,037 | $1.7M | Add +6.0% |
| AMD Advanced Micro Devices | 0.64% | 9,587 | $1.7M | Reduce -5.7% |
| UTG Reaves Utility Income Fund | 0.63% | 63,639 | $1.7M | Add +67.7% |
| MRK Merck & Co. Inc. | 0.63% | 12,900 | $1.7M | Reduce -14.6% |
| XOM Exxon Mobil Corp. | 0.62% | 14,476 | $1.7M | Add +18.7% |
| QQQ Invesco QQQ Trust Series 1 | 0.60% | 3,682 | $1.6M | Add +1.1% |
| VOO Vanguard S&P 500 ETF | 0.58% | 3,277 | $1.6M | Reduce -0.9% |
| PG The Procter & Gamble Co. | 0.57% | 9,580 | $1.6M | Reduce -3.0% |
| EXP Eagle Materials Inc. | 0.57% | 5,650 | $1.5M | Reduce -20.4% |
| IJH iShares Core S&P Midcap ETF | 0.57% | 25,255 | $1.5M | Add +2.0% |
| JNJ Johnson & Johnson | 0.56% | 9,544 | $1.5M | Reduce -8.2% |
| CVS CVS Health Corp. | 0.53% | 17,944 | $1.4M | Reduce -3.3% |
| PFE Pfizer Inc. | 0.52% | 50,638 | $1.4M | Reduce -11.7% |
| V Visa Inc. Class A | 0.51% | 4,940 | $1.4M | Reduce -1.0% |
| QYLD Global X Nasd 100 Cov Call | 0.50% | 75,401 | $1.4M | Reduce -2.4% |
| ESTC Elastic NV | 0.49% | 13,335 | $1.3M | Add +25.1% |
| ENVX Enovix Corp. | 0.43% | 147,200 | $1.2M | Add +44.7% |
| INDI Indie Semiconductor Inc. Class A | 0.43% | 166,100 | $1.2M | Reduce -2.9% |
| CAT Caterpillar Inc. | 0.43% | 3,209 | $1.2M | Add +0.0% |
| IVE iShares S&P 500 Value ETF | 0.41% | 5,982 | $1.1M | No change |
| GOOG Alphabet Inc. Class C | 0.41% | 7,250 | $1.1M | Reduce -20.2% |
| GNRC Generac Holdings Inc. | 0.40% | 8,519 | $1.1M | Reduce -0.9% |
| AVGO Broadcom Inc. | 0.38% | 782 | $1.0M | Add +17.2% |
| LMBS First Trust Low Duration Opp | 0.38% | 21,432 | $1.0M | Reduce -14.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.38% | 8,028 | $1.0M | Reduce -40.6% |
| XLE SS Energy Select Sector | 0.37% | 10,595 | $1.0M | Reduce -1.0% |
| HD Home Depot Inc. | 0.37% | 2,596 | $996K | Reduce -10.6% |
| AMT American Tower Corp. | 0.36% | 4,987 | $985K | Reduce -3.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 25,751 | $976K | Reduce -11.3% |
| OGN Organon & Co. | 0.36% | 51,804 | $974K | Add +11.5% |
| INTC Intel Corp. | 0.36% | 21,816 | $964K | Reduce -3.3% |
| TSLA Tesla Inc. | 0.33% | 5,156 | $906K | Reduce -23.0% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.33% | 11,581 | $895K | Reduce -1.3% |
| XHB SS SPDR S&P Homebldrs ETF | 0.33% | 7,966 | $889K | Add +0.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.33% | 1,694 | $886K | Reduce -17.9% |
| ORCL Oracle Corp. | 0.33% | 7,050 | $886K | Reduce -0.2% |
| THW Abrdn World Healthcare Fund | 0.32% | 66,450 | $879K | Add +0.3% |
| WMT Walmart Inc. | 0.31% | 14,163 | $852K | Reduce -5.6% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.31% | 62,697 | $838K | Add +0.3% |
| CMCSA Comcast Corp. Class A | 0.30% | 18,457 | $800K | Reduce -0.9% |
| NEE Nextera Energy Inc. | 0.29% | 12,464 | $797K | Add +178.7% |
| BST BlackRock Science & Tech TR | 0.29% | 21,429 | $791K | Reduce -4.3% |
| AMAT Applied Materials Inc. | 0.29% | 3,790 | $782K | Reduce -0.8% |
| IJR iShares Core S&P Small-Cap E | 0.28% | 6,969 | $770K | Reduce -15.8% |
| AMGN Amgen Inc. | 0.28% | 2,708 | $770K | No change |
| RTX RTX Corp. | 0.28% | 7,858 | $766K | Reduce -3.0% |
| ABT Abbott Laboratories | 0.28% | 6,737 | $766K | Add +0.0% |
| IXUS iShares Core Intl Stock ETF | 0.28% | 11,179 | $759K | Reduce -10.3% |
| ARKK ARK Innovation ETF | 0.27% | 14,850 | $744K | Reduce -5.0% |
| XAIR Beyond Air Inc. | 0.26% | 409,000 | $712K | Reduce -7.9% |
| FSK FS KKR Capital Corp. | 0.26% | 36,800 | $702K | Reduce -1.7% |
| T AT&T Inc. | 0.25% | 38,376 | $675K | Add +25.9% |
| XLP SS Consumer Staples Sel Sect | 0.24% | 8,651 | $661K | Reduce -0.5% |
| DDD 3D Systems Corp. filed as 3-D SYS CORP DEL | 0.24% | 148,030 | $657K | Reduce -1.3% |
| COST Costco Wholesale Corp. | 0.24% | 886 | $649K | Reduce -33.1% |
| PBI Pitney Bowes Inc. | 0.24% | 148,917 | $645K | Reduce -1.6% |
| DVN Devon Energy Corp. | 0.24% | 12,804 | $643K | Reduce -22.9% |
| DGRO iShares Core Dividend Growth | 0.23% | 10,810 | $628K | Reduce -19.6% |
| VNQ Vanguard Real Estate ETF | 0.23% | 7,125 | $616K | Reduce -0.1% |
| DAL Delta Air Lines Inc. | 0.23% | 12,745 | $610K | Add +0.9% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 11,186 | $607K | Reduce -58.8% |
| SBCF Seacoast Banking Corp. | 0.22% | 23,550 | $598K | Reduce -5.0% |
| AMLP Alerian MLP ETF | 0.22% | 12,585 | $597K | Reduce -6.0% |
| PEP Pepsico Inc. | 0.22% | 3,383 | $592K | Reduce -5.6% |
| FIW First Trust Water ETF | 0.22% | 5,777 | $590K | Add +0.0% |
| STKL Sunopta Inc. | 0.21% | 83,900 | $576K | Reduce -4.0% |
| GLD SPDR Gold Shares | 0.21% | 2,733 | $562K | Reduce -21.5% |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.21% | 43,026 | $556K | Reduce -2.2% |
| SHOP Shopify Inc. Class A | 0.20% | 7,145 | $551K | Reduce -20.4% |
| SSUS Day Hagan Smart Sector ETF filed as STRATEGY SHS | 0.20% | 14,239 | $547K | Reduce -50.1% |
Portfolio Sells Q4 2023 → Q1 2024
| ADBE Adobe Inc. | Sold out | 0.00% | −2.36 |
| MPC Marathon Petroleum Corp. | Sold out | 0.00% | −1.31 |
| AAPL Apple Inc. | Reduce -6.8% | 5.65% | −1.29 |
| BMY Bristol-Myers Squibb Co. | Reduce -58.8% | 0.22% | −0.30 |
| TSLA Tesla Inc. | Reduce -23.0% | 0.33% | −0.29 |
| SSUS Day Hagan Smart Sector ETF | Reduce -50.1% | 0.20% | −0.18 |
| VIG Vanguard Dividend Apprec ETF | Reduce -61.2% | 0.12% | −0.18 |
| TSL Graniteshares 1.25 Long Tsla | Sold out | 0.00% | −0.17 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.16 |
| ED Consolidated Edison Inc. | Sold out | 0.00% | −0.15 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -40.6% | 0.38% | −0.15 |
| IRDM Iridium Communications Inc. | Sold out | 0.00% | −0.12 |
| DDD 3D Systems Corp. | Reduce -1.3% | 0.24% | −0.12 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.11 |
| DLHC DLH Holdings Corp. | Reduce -32.5% | 0.14% | −0.11 |
| PFE Pfizer Inc. | Reduce -11.7% | 0.52% | −0.10 |
| GE General Electric | Sold out | 0.00% | −0.10 |
| EQL CI Inv SP 500 Equ Weg Ind-Ui | Reduce -54.1% | 0.09% | −0.10 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.10 |
| HFXI Nylim Ftse Intr Eq CN ETF-Ui | Sold out | 0.00% | −0.09 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.09 |
| TT Trane Technologies PLC | Sold out | 0.00% | −0.09 |
| COST Costco Wholesale Corp. | Reduce -33.1% | 0.24% | −0.09 |
| OEF iShares S&P 100 ETF | Sold out | 0.00% | −0.09 |
| INDI Indie Semiconductor Inc. Class A | Reduce -2.9% | 0.43% | −0.09 |
| ROKU Roku Inc. | Sold out | 0.00% | −0.08 |
| FSLY Fastly Inc. Class A | Reduce -7.5% | 0.16% | −0.08 |
| PD Pagerduty Inc. | Sold out | 0.00% | −0.08 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.08 |
| TD Toronto-Dominion Bank | Sold out | 0.00% | −0.08 |
| ZBH Zimmer Biomet Holdings Inc. | Sold out | 0.00% | −0.08 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.08 |
| LMBS First Trust Low Duration Opp | Reduce -14.8% | 0.38% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -20.2% | 0.41% | −0.07 |
| INTC Intel Corp. | Reduce -3.3% | 0.36% | −0.07 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Sold out | 0.00% | −0.07 |
| XAIR Beyond Air Inc. | Reduce -7.9% | 0.26% | −0.06 |
| SHOP Shopify Inc. Class A | Reduce -20.4% | 0.20% | −0.06 |
| AMT American Tower Corp. | Reduce -3.9% | 0.36% | −0.06 |
| JNJ Johnson & Johnson | Reduce -8.2% | 0.56% | −0.06 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -28.7% | 0.12% | −0.05 |
| IJR iShares Core S&P Small-Cap E | Reduce -15.8% | 0.28% | −0.05 |
| XLK SS Technology Select Sector | Reduce -33.3% | 0.12% | −0.05 |
| CVX Chevron Corp. | Reduce -8.7% | 0.90% | −0.05 |
| DVN Devon Energy Corp. | Reduce -22.9% | 0.24% | −0.05 |
| SBCF Seacoast Banking Corp. | Reduce -5.0% | 0.22% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -37.2% | 0.09% | −0.04 |
| GLD SPDR Gold Shares | Reduce -21.5% | 0.21% | −0.04 |
| VTRS Viatris Inc. | Sold out | 0.00% | −0.04 |
| MUB iShares National Muni Bond E | Reduce -27.1% | 0.10% | −0.04 |
Portfolio Buys Q4 2023 → Q1 2024
| UTG Reaves Utility Income Fund | Add +67.7% | 0.63% | +0.25 |
| IBM Intl Business Machines Corp. | Add +16.0% | 1.00% | +0.25 |
| PI Impinj Inc. | Add +1.0% | 0.72% | +0.21 |
| VTI VG Morningstar TS MKT ETF-US | Add +0.8% | 2.55% | +0.20 |
| NEE Nextera Energy Inc. | Add +178.7% | 0.29% | +0.19 |
| MU Micron Technology Inc. | New | 0.18% | +0.18 |
| ARM Arm Holdings PLC-ADR | New | 0.17% | +0.17 |
| XOM Exxon Mobil Corp. | Add +18.7% | 0.62% | +0.16 |
| GE General Electric Co.-Wi | New | 0.14% | +0.14 |
| OGN Organon & Co. | Add +11.5% | 0.36% | +0.11 |
| IOT Samsara Inc. Class A | New | 0.11% | +0.11 |
| AVGO Broadcom Inc. | Add +17.2% | 0.38% | +0.10 |
| MODL Victoryshares Westend US Sec | Add +111.3% | 0.18% | +0.10 |
| ITA iShares U.S. Aerospace & Def | New | 0.09% | +0.09 |
| C Citigroup Inc. | Add +46.4% | 0.19% | +0.08 |
| SCHG Schwab US Large-Cap Growth | New | 0.08% | +0.08 |
| CAT Caterpillar Inc. | Add +0.0% | 0.43% | +0.08 |
| GS Goldman Sachs Group Inc. | New | 0.08% | +0.08 |
| IWB iShares Russell 1000 ETF | New | 0.08% | +0.08 |
| FV First Trust DW Focus 5 Fund | New | 0.07% | +0.07 |
| PH Parker Hannifin Corp. | New | 0.07% | +0.07 |
| AXP American Express Co. | New | 0.07% | +0.07 |
| JEPQ JPM Nasdaq Equity Premium | Add +6.0% | 0.64% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +2.2% | 0.73% | +0.07 |
| GIS General Mills Inc. | Add +2.9% | 0.75% | +0.06 |
| T AT&T Inc. | Add +25.9% | 0.25% | +0.06 |
| UNH Unitedhealth Group Inc. | Add +18.7% | 0.64% | +0.06 |
| ALT Altimmune Inc. | New | 0.06% | +0.06 |
| RXRX Recursion Pharmaceuticals-A | New | 0.06% | +0.06 |
| DIS The Walt Disney Co. | Add +4.8% | 0.18% | +0.05 |
| RDVY First Trust Rising Dividend | Add +0.9% | 0.72% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +2.0% | 0.57% | +0.05 |
| JMIA Jumia Technologies AG-ADR | Add +4.0% | 0.15% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +1.1% | 0.60% | +0.04 |
| ESTC Elastic NV | Add +25.1% | 0.49% | +0.04 |
| XHB SS SPDR S&P Homebldrs ETF | Add +0.0% | 0.33% | +0.04 |
| DOCN Digitalocean Holdings Inc. | Add +3.6% | 0.68% | +0.04 |
| DAL Delta Air Lines Inc. | Add +0.9% | 0.23% | +0.03 |
| THW Abrdn World Healthcare Fund | Add +0.3% | 0.32% | +0.03 |
| STXS Stereotaxis Inc. | Add +3.6% | 0.07% | +0.02 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Add +0.3% | 0.31% | +0.02 |
| VGT Vanguard Info Tech ETF | Add +5.6% | 0.18% | +0.02 |
| VYM Vanguard High DVD Yield ETF | Add +6.5% | 0.16% | +0.02 |
| CMI Cummins Inc. | Add +0.1% | 0.11% | +0.02 |
| IBRX Immunitybio Inc. | Add +10.1% | 0.13% | +0.02 |
| MO Altria Group Inc. | Add +1.9% | 0.19% | +0.01 |
| FIW First Trust Water ETF | Add +0.0% | 0.22% | +0.01 |
| STZ Constellation Brands Inc. Class A | Add +3.3% | 0.09% | +0.01 |
| CHD Church & Dwight Co. Inc. | Add +0.1% | 0.13% | +0.01 |
| OXY Occidental Petroleum Corp. | Add +3.5% | 0.10% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 256 | $370.5M | NVDA, AAPL, MU, AMZN, ARWR |
| Q1 2026 | 237 | $282.2M | NVDA, AAPL, AMZN, ARWR, VTI |
| Q4 2025 | 217 | $319.3M | AVDL, NVDA, AAPL, AMZN, JPM |
| Q3 2025 | 217 | $311.0M | AVDL, NVDA, AAPL, AMZN, JPM |
| Q2 2025 | 205 | $267.3M | NVDA, AVDL, AAPL, AMZN, VTI |
| Q1 2025 | 198 | $238.1M | NVDA, AAPL, AVDL, AMZN, VTI |
| Q4 2024 | 212 | $281.5M | NVDA, AVDL, AAPL, AMZN, VTI |
| Q3 2024 | 217 | $285.4M | AVDL, NVDA, AAPL, AMZN, MSFT |
| Q2 2024 | 209 | $275.9M | AVDL, NVDA, AAPL, AMZN, MSFT |
| Q1 2024 | 217 | $271.1M | AVDL, NVDA, AAPL, AMZN, MSFT |