Wealth Effects LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Wealth Effects LLC reported 198 stock positions worth $238.1 million. Its top holding was Nvidia (NVDA) at 8.3% of the portfolio, followed by Apple (AAPL, 8.0%) and Avadel Pharmaceuticals (AVDL, 7.8%). Compared with Q4 2024, it opened 10 new positions, sold out of 24, added to 52 and reduced 104. The biggest buy was Meta Platforms Class A (META, shares +4%) and the biggest sale Nvidia (NVDA, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001907254
- Portfolio Value
- $238.1M (Q1 2025)
- SEC Filing
- 0001951757-25-000441 ↗ filed Apr 23, 2025
Holdings Value
Holdings 198 stocks · $238.1M
| NVDA Nvidia Corp. | 8.26% | 181,359 | $19.7M | Reduce -7.1% |
| AAPL Apple Inc. | 8.03% | 86,018 | $19.1M | Reduce -2.1% |
| AVDL Avadel Pharmaceuticals Ltd. | 7.79% | 2,369,122 | $18.6M | Add +1.1% |
| AMZN Amazon.com Inc. | 4.70% | 58,831 | $11.2M | Reduce -2.8% |
| VTI VG Morningstar TS MKT ETF-US | 3.35% | 29,036 | $8.0M | Reduce -0.1% |
| JPM JPMorgan Chase & Co. | 3.02% | 29,281 | $7.2M | Reduce -4.2% |
| META Meta Platforms Inc. Class A | 2.94% | 12,151 | $7.0M | Add +4.0% |
| MSFT Microsoft Corp. | 2.79% | 17,698 | $6.6M | Reduce -6.5% |
| GOOGL Alphabet Inc. Class A | 1.93% | 29,701 | $4.6M | Reduce -6.2% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 1.49% | 64,742 | $3.5M | Add +11.5% |
| BX Blackstone Inc. | 1.42% | 24,251 | $3.4M | Reduce -0.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.22% | 11,692 | $2.9M | Reduce -11.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.18% | 5,280 | $2.8M | Reduce -0.5% |
| ESTC Elastic NV | 1.08% | 28,773 | $2.6M | Reduce -0.1% |
| CVX Chevron Corp. | 1.07% | 15,260 | $2.6M | Reduce -0.4% |
| IVV iShares Core S&P 500 ETF | 1.05% | 4,458 | $2.5M | Add +0.6% |
| AVGO Broadcom Inc. | 1.00% | 14,192 | $2.4M | Reduce -2.1% |
| URI United Rentals Inc. | 0.96% | 3,640 | $2.3M | Add +1.5% |
| UTG Reaves Utility Income Fund | 0.95% | 69,600 | $2.3M | Add +0.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.93% | 5,997 | $2.2M | Add +0.7% |
| ARWR Arrowhead Pharmaceuticals Inc. | 0.91% | 170,550 | $2.2M | Add +9.4% |
| ABBV Abbvie Inc. | 0.91% | 10,351 | $2.2M | Reduce -10.4% |
| UNH Unitedhealth Group Inc. | 0.90% | 4,097 | $2.1M | Reduce -6.8% |
| RDVY First Trust Rising Dividend | 0.85% | 34,532 | $2.0M | Reduce -0.9% |
| ITOT iShares Core S&P Total U.S. | 0.77% | 15,036 | $1.8M | Reduce -0.5% |
| TSLA Tesla Inc. | 0.76% | 7,010 | $1.8M | Add +5.1% |
| VOO Vanguard S&P 500 ETF | 0.72% | 3,345 | $1.7M | Add +2.8% |
| ENVX Enovix Corp. | 0.72% | 232,101 | $1.7M | Reduce -1.0% |
| PFE Pfizer Inc. | 0.70% | 65,561 | $1.7M | Add +14.0% |
| BA The Boeing Co. | 0.69% | 9,616 | $1.6M | Add +1.7% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.68% | 31,334 | $1.6M | Reduce -20.3% |
| JEPI JPMorgan Equity Premium Inco | 0.68% | 28,183 | $1.6M | Reduce -32.4% |
| DOCN Digitalocean Holdings Inc. | 0.67% | 47,800 | $1.6M | Reduce -2.6% |
| MU Micron Technology Inc. | 0.64% | 17,617 | $1.5M | Reduce -9.2% |
| PG The Procter & Gamble Co. | 0.63% | 8,827 | $1.5M | Reduce -1.8% |
| IJH iShares Core S&P Midcap ETF | 0.62% | 25,460 | $1.5M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.61% | 12,154 | $1.4M | Reduce -6.9% |
| LLY Eli Lilly & Co. | 0.59% | 1,709 | $1.4M | Reduce -13.6% |
| VZ Verizon Communications Inc. | 0.59% | 30,862 | $1.4M | Reduce -14.8% |
| DVN Devon Energy Corp. | 0.57% | 36,307 | $1.4M | Add +19.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.54% | 2,722 | $1.3M | Add +0.6% |
| NFLX Netflix Inc. | 0.52% | 1,315 | $1.2M | Add +176.8% |
| JNJ Johnson & Johnson | 0.51% | 7,298 | $1.2M | Reduce -13.1% |
| V Visa Inc. Class A | 0.49% | 3,331 | $1.2M | Reduce -2.5% |
| IVE iShares S&P 500 Value ETF | 0.48% | 5,982 | $1.1M | No change |
| S Sentinelone Inc. Class A | 0.47% | 61,750 | $1.1M | Reduce -14.1% |
| NEE Nextera Energy Inc. | 0.47% | 15,780 | $1.1M | Add +20.0% |
| QYLD Global X Nasd 100 Cov Call | 0.47% | 67,201 | $1.1M | Reduce -6.3% |
| LNG Cheniere Energy Inc. | 0.47% | 4,785 | $1.1M | Add +0.0% |
| BMY Bristol-Myers Squibb Co. | 0.46% | 17,776 | $1.1M | Add +19.7% |
| WMT Walmart Inc. | 0.43% | 11,651 | $1.0M | Reduce -10.3% |
| DDOG Datadog Inc. Class A | 0.42% | 10,152 | $1.0M | Add +0.4% |
| GNRC Generac Holdings Inc. | 0.41% | 7,799 | $988K | Add +5.6% |
| MRK Merck & Co. Inc. | 0.41% | 10,789 | $968K | Add +0.5% |
| C Citigroup Inc. | 0.41% | 13,600 | $965K | Add +52.0% |
| CAT Caterpillar Inc. | 0.40% | 2,922 | $964K | Reduce -1.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.40% | 22,537 | $940K | Add +3.7% |
| HD Home Depot Inc. | 0.39% | 2,506 | $919K | Reduce -1.0% |
| OGN Organon & Co. | 0.37% | 59,104 | $880K | Add +0.9% |
| XLE SS Energy Select Sector | 0.37% | 9,342 | $873K | Reduce -8.2% |
| ABT Abbott Laboratories | 0.35% | 6,224 | $826K | Reduce -0.8% |
| AMGN Amgen Inc. | 0.34% | 2,612 | $814K | Reduce -3.9% |
| PBI Pitney Bowes Inc. | 0.34% | 89,901 | $814K | Reduce -44.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.34% | 10,292 | $812K | Reduce -7.8% |
| GOOG Alphabet Inc. Class C | 0.33% | 5,081 | $794K | Reduce -3.7% |
| IJR iShares Core S&P Small-Cap E | 0.30% | 6,896 | $721K | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 1,269 | $710K | Reduce -8.6% |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.30% | 49,576 | $707K | Reduce -9.2% |
| COST Costco Wholesale Corp. | 0.30% | 746 | $705K | Reduce -10.8% |
| RTX RTX Corp. | 0.29% | 5,248 | $695K | Reduce -5.0% |
| GLD SPDR Gold Shares | 0.29% | 2,408 | $694K | Add +9.1% |
| SMR Nuscale Power Corp. | 0.29% | 48,200 | $683K | New |
| VST Vistra Corp. | 0.28% | 5,636 | $662K | Add +11.9% |
| BND Vanguard Total Bond Market | 0.28% | 8,941 | $657K | Add +0.4% |
| ORCL Oracle Corp. | 0.27% | 4,579 | $640K | Reduce -25.4% |
| DDD 3D Systems Corp. filed as 3-D SYS CORP DEL | 0.27% | 299,200 | $634K | Reduce -5.1% |
| AMLP Alerian MLP ETF | 0.26% | 12,090 | $628K | Reduce -3.4% |
| MS Morgan Stanley | 0.25% | 5,175 | $604K | Reduce -8.8% |
| MO Altria Group Inc. | 0.25% | 10,025 | $602K | Reduce -20.9% |
| XLP SS Consumer Staples Sel Sect | 0.25% | 7,347 | $600K | Reduce -8.9% |
| VRT Vertiv Holdings Co. Class A | 0.25% | 8,150 | $588K | Add +15.6% |
| VGT Vanguard Info Tech ETF | 0.24% | 1,056 | $573K | Add +2.8% |
| BST BlackRock Science & Tech TR | 0.24% | 17,160 | $566K | Add +0.4% |
| XHB SS SPDR S&P Homebldrs ETF | 0.24% | 5,825 | $564K | Add +0.1% |
| VYM Vanguard High DVD Yield ETF | 0.24% | 4,371 | $564K | Add +9.3% |
| VNQ Vanguard Real Estate ETF | 0.23% | 6,166 | $558K | Reduce -11.4% |
| IXUS iShares Core Intl Stock ETF | 0.23% | 7,990 | $558K | Reduce -3.8% |
| SBCF Seacoast Banking Corp. | 0.23% | 21,500 | $553K | Reduce -4.4% |
| EMLP First Trust North American E | 0.23% | 14,576 | $546K | Reduce -0.9% |
| GLBE Global-E Online Ltd. | 0.23% | 15,325 | $546K | Add +0.7% |
| DGRO iShares Core Dividend Growth | 0.22% | 8,531 | $527K | No change |
| VXUS Vanguard Total Intl Stock | 0.22% | 8,245 | $512K | Reduce -26.5% |
| MODL Victoryshares Westend US Sec | 0.21% | 13,130 | $510K | Reduce -2.2% |
| AMT American Tower Corp. | 0.21% | 2,308 | $502K | Reduce -46.4% |
| IWV iShares Russell 3000 ETF | 0.21% | 1,569 | $498K | No change |
| STT State Street Corp. | 0.21% | 5,554 | $497K | No change |
| ETV Eaton Vance T/M Buy-Writ Opp | 0.21% | 37,454 | $495K | Reduce -2.1% |
| VCIT Vanguard Int-Term Corporate | 0.20% | 5,968 | $488K | Add +52.8% |
| LMBS First Trust Low Duration Opp | 0.20% | 9,902 | $487K | Reduce -4.8% |
| GLP Global Partners LP | 0.20% | 9,000 | $480K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -7.1% | 8.26% | −1.05 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.61 |
| PI Impinj Inc. | Sold out | 0.00% | −0.60 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.23 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.22 |
| CMCSA Comcast Corp. Class A | Sold out | 0.00% | −0.20 |
| GOOGL Alphabet Inc. Class A | Reduce -6.2% | 1.93% | −0.20 |
| AVGO Broadcom Inc. | Reduce -2.1% | 1.00% | −0.20 |
| ENVX Enovix Corp. | Reduce -1.0% | 0.72% | −0.19 |
| JEPI JPMorgan Equity Premium Inco | Reduce -32.4% | 0.68% | −0.18 |
| PEP Pepsico Inc. | Sold out | 0.00% | −0.17 |
| HUMA Humacyte Inc. | Reduce -20.5% | 0.07% | −0.15 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.14 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.14 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −0.14 |
| SOUN Soundhound AI Inc. Class A | Sold out | 0.00% | −0.13 |
| MANH Manhattan Associates Inc. | Sold out | 0.00% | −0.13 |
| CMI Cummins Inc. | Sold out | 0.00% | −0.13 |
| STKL Sunopta Inc. | Reduce -64.2% | 0.04% | −0.11 |
| FYC First Trust Small Cap Growth | Sold out | 0.00% | −0.11 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -20.3% | 0.68% | −0.11 |
| AIG American International Group | Sold out | 0.00% | −0.10 |
| DDD 3D Systems Corp. | Reduce -5.1% | 0.27% | −0.10 |
| HSY The Hershey Co. | Sold out | 0.00% | −0.10 |
| ONDS Ondas Inc. | Reduce -2.9% | 0.09% | −0.10 |
| DLB Dolby Laboratories Inc. Class A | Sold out | 0.00% | −0.10 |
| S Sentinelone Inc. Class A | Reduce -14.1% | 0.47% | −0.10 |
| ORCL Oracle Corp. | Reduce -25.4% | 0.27% | −0.09 |
| EXP Eagle Materials Inc. | Reduce -52.3% | 0.09% | −0.09 |
| VIGI Vanguard Int Div App Indx FD | Sold out | 0.00% | −0.08 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.08 |
| ALAI Alger AI Enable & Adopt ETF | Sold out | 0.00% | −0.08 |
| XMUIX BlackRock Municipal Income | Sold out | 0.00% | −0.08 |
| PBI Pitney Bowes Inc. | Reduce -44.7% | 0.34% | −0.08 |
| AMT American Tower Corp. | Reduce -46.4% | 0.21% | −0.07 |
| BX Blackstone Inc. | Reduce -0.4% | 1.42% | −0.07 |
| PCT Purecycle Technologies Inc. | Reduce -8.6% | 0.17% | −0.06 |
| DAL Delta Air Lines Inc. | Reduce -8.5% | 0.20% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -44.1% | 0.15% | −0.05 |
| JMIA Jumia Technologies AG-ADR | Reduce -4.0% | 0.09% | −0.05 |
| BCS Barclays PLC-Spons ADR | Sold out | 0.00% | −0.05 |
| MSFT Microsoft Corp. | Reduce -6.5% | 2.79% | −0.04 |
| DIS The Walt Disney Co. | Reduce -27.8% | 0.12% | −0.04 |
| DELL Dell Technologies -C | Reduce -14.2% | 0.11% | −0.03 |
| FSK FS KKR Capital Corp. | Reduce -23.5% | 0.16% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -3.7% | 0.33% | −0.02 |
| INDI Indie Semiconductor Inc. Class A | Reduce -3.0% | 0.03% | −0.02 |
| VXUS Vanguard Total Intl Stock | Reduce -26.5% | 0.22% | −0.02 |
| ALT Altimmune Inc. | Reduce -6.1% | 0.06% | −0.02 |
| NCZ Virtus Convertible & Inc. FD | Sold out | 0.00% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| META Meta Platforms Inc. Class A | Add +4.0% | 2.94% | +0.51 |
| NFLX Netflix Inc. | Add +176.8% | 0.52% | +0.36 |
| SMR Nuscale Power Corp. | New | 0.29% | +0.29 |
| DVN Devon Energy Corp. | Add +19.3% | 0.57% | +0.22 |
| C Citigroup Inc. | Add +52.0% | 0.41% | +0.18 |
| UTG Reaves Utility Income Fund | Add +0.2% | 0.95% | +0.17 |
| BMY Bristol-Myers Squibb Co. | Add +19.7% | 0.46% | +0.16 |
| PFE Pfizer Inc. | Add +14.0% | 0.70% | +0.16 |
| GEV GE Vernova Inc. | New | 0.15% | +0.15 |
| NEE Nextera Energy Inc. | Add +20.0% | 0.47% | +0.14 |
| ADM Archer-Daniels-Midland Co. | New | 0.13% | +0.13 |
| IVV iShares Core S&P 500 ETF | Add +0.6% | 1.05% | +0.13 |
| DXCM Dexcom Inc. | New | 0.11% | +0.11 |
| GLD SPDR Gold Shares | Add +9.1% | 0.29% | +0.10 |
| LNG Cheniere Energy Inc. | Add +0.0% | 0.47% | +0.10 |
| VOO Vanguard S&P 500 ETF | Add +2.8% | 0.72% | +0.10 |
| CI The Cigna Group | New | 0.10% | +0.10 |
| BA The Boeing Co. | Add +1.7% | 0.69% | +0.09 |
| VCIT Vanguard Int-Term Corporate | Add +52.8% | 0.20% | +0.09 |
| SDY SS SPDR S&P Dividend ETF | New | 0.09% | +0.09 |
| HIG Hartford Insurance Group Inc. | New | 0.09% | +0.09 |
| RWL Invesco S&P 500 Revenue ETF | New | 0.08% | +0.08 |
| XNXJX Nuveen NJ QLTY Muni Inc. | New | 0.08% | +0.08 |
| FBTC Fidelity Wise Origin Bitcoin | Add +73.5% | 0.15% | +0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.7% | 0.93% | +0.07 |
| SLV iShares Silver Trust | Add +15.8% | 0.16% | +0.06 |
| URI United Rentals Inc. | Add +1.5% | 0.96% | +0.06 |
| OGN Organon & Co. | Add +0.9% | 0.37% | +0.06 |
| IBRX Immunitybio Inc. | Add +33.6% | 0.12% | +0.06 |
| MUJ BlackRock Munihold NJ QLTY | Add +89.0% | 0.10% | +0.06 |
| BAC Bank of America Corp. | Add +3.7% | 0.40% | +0.06 |
| VYM Vanguard High DVD Yield ETF | Add +9.3% | 0.24% | +0.06 |
| KSS Kohls Corp. | New | 0.05% | +0.05 |
| LPTH Lightpath Technologies Inc. Class A | Add +176.3% | 0.11% | +0.05 |
| BND Vanguard Total Bond Market | Add +0.4% | 0.28% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.6% | 0.54% | +0.04 |
| FCG First Trust Natural Gas ETF | Add +3.6% | 0.19% | +0.04 |
| THW Abrdn World Healthcare Fund | Add +6.1% | 0.14% | +0.03 |
| TRV The Travelers Cos Inc. | Add +0.1% | 0.14% | +0.03 |
| VST Vistra Corp. | Add +11.9% | 0.28% | +0.03 |
| CHD Church & Dwight Co. Inc. | Add +0.1% | 0.15% | +0.03 |
| MRK Merck & Co. Inc. | Add +0.5% | 0.41% | +0.03 |
| XEXGX Eaton Vance Tax-Managed Glob | Add +0.0% | 0.18% | +0.03 |
| GS Goldman Sachs Group Inc. | Add +17.6% | 0.11% | +0.03 |
| QXO Qxo Inc. | Add +33.3% | 0.09% | +0.02 |
| CEG Constellation Energy | Add +7.8% | 0.17% | +0.02 |
| XHB SS SPDR S&P Homebldrs ETF | Add +0.1% | 0.24% | +0.02 |
| FBCG Fidelity Blue Chip Grow ETF | Add +11.7% | 0.17% | +0.02 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +0.8% | 0.11% | +0.02 |
| BST BlackRock Science & Tech TR | Add +0.4% | 0.24% | +0.02 |
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 |