Wealth Effects LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 26, 2026), Wealth Effects LLC reported 217 stock positions worth $319.3 million. Its top holding was Avadel Pharmaceuticals (AVDL) at 12.8% of the portfolio, followed by Nvidia (NVDA, 9.3%) and Apple (AAPL, 7.0%). Compared with Q3 2025, it opened 15 new positions, sold out of 15, added to 68 and reduced 88. The biggest buy was Micron Technology (MU, shares +9%) and the biggest sale Trade Desk Inc./the Class A (TTD, shares −54%).
- Most Recent 13F
- Q2 2026
- Location
- BOSTON, MA
- CIK
- 0001907254
- Portfolio Value
- $319.3M (Q4 2025)
- SEC Filing
- 0001951757-26-000293 ↗ filed Jan 26, 2026
Holdings Value
Holdings 217 stocks · $319.3M
| AVDL Avadel Pharmaceuticals Ltd. | 12.77% | 1,891,917 | $40.8M | Reduce -17.3% |
| NVDA Nvidia Corp. | 9.26% | 158,479 | $29.6M | Reduce -3.3% |
| AAPL Apple Inc. | 6.97% | 81,874 | $22.3M | Add +0.4% |
| AMZN Amazon.com Inc. | 4.48% | 61,947 | $14.3M | Reduce -0.2% |
| JPM JPMorgan Chase & Co. | 2.98% | 29,572 | $9.5M | Reduce -0.4% |
| ARWR Arrowhead Pharmaceuticals Inc. | 2.98% | 143,300 | $9.5M | Reduce -14.9% |
| VTI VG Morningstar TS MKT ETF-US | 2.88% | 27,464 | $9.2M | Add +0.0% |
| GOOGL Alphabet Inc. Class A | 2.85% | 29,066 | $9.1M | Reduce -1.3% |
| MSFT Microsoft Corp. | 2.50% | 16,525 | $8.0M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 2.27% | 11,005 | $7.3M | Add +0.9% |
| MU Micron Technology Inc. | 1.73% | 19,375 | $5.5M | Add +8.5% |
| AVGO Broadcom Inc. | 1.53% | 14,156 | $4.9M | Reduce -2.0% |
| BX Blackstone Inc. | 1.16% | 24,091 | $3.7M | Reduce -1.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.10% | 11,870 | $3.5M | Reduce -12.3% |
| TSLA Tesla Inc. | 1.04% | 7,355 | $3.3M | Reduce -1.4% |
| IVV iShares Core S&P 500 ETF | 0.92% | 4,276 | $2.9M | Add +0.3% |
| UTG Reaves Utility Income Fund | 0.88% | 77,110 | $2.8M | Add +9.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.84% | 5,305 | $2.7M | Add +0.4% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.83% | 5,453 | $2.7M | Reduce -6.9% |
| VOO Vanguard S&P 500 ETF | 0.78% | 3,981 | $2.5M | Add +8.5% |
| BA The Boeing Co. | 0.77% | 11,357 | $2.5M | Add +10.1% |
| RDVY First Trust Rising Dividend | 0.77% | 35,429 | $2.5M | Reduce -0.8% |
| CVX Chevron Corp. | 0.73% | 15,329 | $2.3M | Reduce -0.9% |
| ABBV Abbvie Inc. | 0.72% | 10,004 | $2.3M | Reduce -0.1% |
| URI United Rentals Inc. | 0.70% | 2,745 | $2.2M | Reduce -24.6% |
| ITOT iShares Core S&P Total U.S. | 0.69% | 14,751 | $2.2M | No change |
| DOCN Digitalocean Holdings Inc. | 0.68% | 45,250 | $2.2M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 0.67% | 6,807 | $2.1M | Add +47.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.61% | 33,593 | $2.0M | Add +39.0% |
| KVUE Kenvue Inc. | 0.59% | 108,964 | $1.9M | Add +120.3% |
| JEPI JPMorgan Equity Premium Inco | 0.57% | 31,606 | $1.8M | Add +0.6% |
| PFE Pfizer Inc. | 0.56% | 72,116 | $1.8M | Reduce -10.4% |
| ESTC Elastic NV | 0.55% | 23,452 | $1.8M | Reduce -15.3% |
| CAT Caterpillar Inc. | 0.54% | 3,033 | $1.7M | Add +0.0% |
| QQQ Invesco QQQ Trust Series 1 | 0.54% | 2,788 | $1.7M | Add +0.8% |
| UNH Unitedhealth Group Inc. | 0.52% | 5,036 | $1.7M | Reduce -4.6% |
| IJH iShares Core S&P Midcap ETF | 0.47% | 22,595 | $1.5M | Add +2.3% |
| XOM Exxon Mobil Corp. | 0.46% | 12,132 | $1.5M | Add +8.3% |
| VZ Verizon Communications Inc. | 0.45% | 35,517 | $1.4M | Add +0.1% |
| C Citigroup Inc. | 0.44% | 11,980 | $1.4M | Reduce -27.2% |
| ENVX Enovix Corp. | 0.42% | 185,422 | $1.4M | Reduce -32.1% |
| JNJ Johnson & Johnson | 0.42% | 6,543 | $1.4M | Reduce -2.8% |
| WMT Walmart Inc. | 0.42% | 11,982 | $1.3M | Add +4.4% |
| LPTH Lightpath Technologies Inc. Class A | 0.41% | 120,500 | $1.3M | Reduce -19.3% |
| IVE iShares S&P 500 Value ETF | 0.40% | 6,012 | $1.3M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.37% | 8,290 | $1.2M | Add +0.3% |
| DVN Devon Energy Corp. | 0.37% | 32,150 | $1.2M | Reduce -14.5% |
| SLV iShares Silver Trust | 0.37% | 18,179 | $1.2M | Add +20.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 20,912 | $1.2M | Reduce -12.3% |
| V Visa Inc. Class A | 0.35% | 3,202 | $1.1M | Add +0.2% |
| VRT Vertiv Holdings Co. Class A | 0.35% | 6,851 | $1.1M | Reduce -6.8% |
| QYLD Global X Nasd 100 Cov Call | 0.34% | 61,994 | $1.1M | Reduce -5.0% |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 0.34% | 28,850 | $1.1M | Reduce -53.8% |
| FYEE Fidelity YLD Enhan Eqty ETF | 0.34% | 37,980 | $1.1M | New |
| GEV GE Vernova Inc. | 0.33% | 1,633 | $1.1M | Reduce -3.0% |
| NEE Nextera Energy Inc. | 0.33% | 13,141 | $1.1M | Reduce -23.8% |
| MRK Merck & Co. Inc. | 0.32% | 9,814 | $1.0M | Reduce -6.7% |
| LNG Cheniere Energy Inc. | 0.31% | 5,172 | $1.0M | Add +4.0% |
| FBCG Fidelity Blue Chip Grow ETF | 0.30% | 17,196 | $943K | Add +66.8% |
| GE General Electric filed as GE AEROSPACE | 0.29% | 3,051 | $940K | Add +41.8% |
| VST Vistra Corp. | 0.29% | 5,782 | $933K | No change |
| MS Morgan Stanley | 0.28% | 5,075 | $901K | No change |
| AMGN Amgen Inc. | 0.28% | 2,749 | $900K | Add +5.2% |
| LLY Eli Lilly & Co. | 0.28% | 818 | $879K | Reduce -4.5% |
| HD Home Depot Inc. | 0.27% | 2,516 | $866K | Add +0.0% |
| RTX RTX Corp. | 0.27% | 4,647 | $852K | Reduce -0.7% |
| BMY Bristol-Myers Squibb Co. | 0.26% | 15,675 | $846K | Reduce -9.0% |
| ITAN Sparkline Intangible Val ETF | 0.26% | 22,471 | $832K | Add +15.2% |
| VGT Vanguard Info Tech ETF | 0.25% | 1,076 | $811K | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 0.25% | 10,120 | $807K | Add +0.0% |
| GNRC Generac Holdings Inc. | 0.24% | 5,694 | $776K | Reduce -0.5% |
| XLE SS Energy Select Sector | 0.24% | 17,256 | $772K | Reduce -0.8% |
| ORCL Oracle Corp. | 0.24% | 3,895 | $759K | Reduce -32.4% |
| COST Costco Wholesale Corp. | 0.23% | 864 | $745K | Add +11.9% |
| IJR iShares Core S&P Small-Cap E | 0.23% | 6,181 | $743K | Add +3.3% |
| ABT Abbott Laboratories | 0.23% | 5,924 | $742K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.23% | 1,086 | $741K | Reduce -4.9% |
| JMIA Jumia Technologies AG-ADR | 0.23% | 58,560 | $731K | Reduce -27.8% |
| CEG Constellation Energy | 0.23% | 2,067 | $730K | No change |
| INTC Intel Corp. | 0.23% | 19,530 | $721K | Reduce -4.9% |
| DAL Delta Air Lines Inc. | 0.22% | 10,325 | $717K | Reduce -11.6% |
| STT State Street Corp. | 0.22% | 5,554 | $717K | No change |
| BSTZ BlackRock Sci & Tech TRM TR | 0.22% | 30,886 | $698K | New |
| AMAT Applied Materials Inc. | 0.22% | 2,710 | $696K | No change |
| XETYX Eaton Vance Tax-MGD Div Eqty | 0.22% | 45,367 | $696K | Reduce -1.6% |
| BST BlackRock Science & Tech TR | 0.21% | 16,929 | $686K | Add +0.1% |
| FBTC Fidelity Wise Origin Bitcoin | 0.21% | 8,925 | $680K | Add +39.2% |
| IXUS iShares Core Intl Stock ETF | 0.21% | 7,934 | $672K | New |
| BND Vanguard Total Bond Market | 0.21% | 9,006 | $667K | Add +1.8% |
| PBI Pitney Bowes Inc. | 0.20% | 61,000 | $645K | No change |
| AMD Advanced Micro Devices | 0.20% | 2,929 | $627K | New |
| MODL Victoryshares Westend US Sec | 0.19% | 13,028 | $619K | Reduce -0.0% |
| IWV iShares Russell 3000 ETF | 0.19% | 1,569 | $607K | No change |
| CLS Celestica Inc. | 0.19% | 2,025 | $599K | Reduce -1.2% |
| XHB SS SPDR S&P Homebldrs ETF | 0.19% | 5,804 | $598K | Reduce -1.7% |
| VXUS Vanguard Total Intl Stock | 0.19% | 7,875 | $594K | Add +1.4% |
| GS Goldman Sachs Group Inc. | 0.18% | 671 | $590K | Add +2.3% |
| DGRO iShares Core Dividend Growth | 0.18% | 8,463 | $588K | Reduce -3.1% |
| GLD SPDR Gold Shares | 0.18% | 1,474 | $584K | Add +4.5% |
| T AT&T Inc. | 0.18% | 23,410 | $582K | Add +14.9% |
Options reported separately and not counted above: AVADEL PHARMACEUTICALS PLC calls ($431K).
Portfolio Sells Q3 2025 → Q4 2025
| TTD Trade Desk Inc./the Class A | Reduce -53.8% | 0.34% | −0.64 |
| NVDA Nvidia Corp. | Reduce -3.3% | 9.26% | −0.57 |
| ONDS Ondas Inc. | Sold out | 0.00% | −0.45 |
| ENVX Enovix Corp. | Reduce -32.1% | 0.42% | −0.45 |
| URI United Rentals Inc. | Reduce -24.6% | 0.70% | −0.42 |
| SMR Nuscale Power Corp. | Sold out | 0.00% | −0.33 |
| PLTR Palantir Technologies Inc. Class A | Sold out | 0.00% | −0.32 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.30 |
| NFLX Netflix Inc. | Reduce -53.6% | 0.16% | −0.29 |
| ORCL Oracle Corp. | Reduce -32.4% | 0.24% | −0.28 |
| MSFT Microsoft Corp. | Reduce -0.8% | 2.50% | −0.27 |
| OKLO Oklo Inc. | Sold out | 0.00% | −0.27 |
| IDYN iShares Inte Equ Fac R A ETF | Sold out | 0.00% | −0.21 |
| ESTC Elastic NV | Reduce -15.3% | 0.55% | −0.20 |
| BX Blackstone Inc. | Reduce -1.3% | 1.16% | −0.18 |
| S Sentinelone Inc. Class A | Reduce -34.1% | 0.18% | −0.15 |
| IBM Intl Business Machines Corp. | Reduce -12.3% | 1.10% | −0.13 |
| IONQ Ionq Inc. | Sold out | 0.00% | −0.12 |
| MP MP Materials Corp. | Sold out | 0.00% | −0.12 |
| OGN Organon & Co. | Sold out | 0.00% | −0.12 |
| DDD 3D Systems Corp. | Reduce -44.9% | 0.05% | −0.11 |
| C Citigroup Inc. | Reduce -27.2% | 0.44% | −0.10 |
| PFE Pfizer Inc. | Reduce -10.4% | 0.56% | −0.10 |
| NEE Nextera Energy Inc. | Reduce -23.8% | 0.33% | −0.09 |
| FSK FS KKR Capital Corp. | Sold out | 0.00% | −0.08 |
| JMIA Jumia Technologies AG-ADR | Reduce -27.8% | 0.23% | −0.07 |
| QBTS D-Wave Quantum Inc. | Sold out | 0.00% | −0.07 |
| IBDQ iShares Ibonds Dec 2025 Term | Sold out | 0.00% | −0.07 |
| HUMA Humacyte Inc. | Reduce -26.4% | 0.05% | −0.07 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -6.9% | 0.83% | −0.07 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.07 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -4.6% | 0.52% | −0.07 |
| GNRC Generac Holdings Inc. | Reduce -0.5% | 0.24% | −0.07 |
| ARKK ARK Innovation ETF | Reduce -36.3% | 0.07% | −0.06 |
| DVN Devon Energy Corp. | Reduce -14.5% | 0.37% | −0.06 |
| DELL Dell Technologies -C | Reduce -26.2% | 0.07% | −0.04 |
| CVX Chevron Corp. | Reduce -0.9% | 0.73% | −0.04 |
| SBCF Seacoast Banking Corp. | Reduce -19.5% | 0.17% | −0.04 |
| BAC Bank of America Corp. | Reduce -12.3% | 0.36% | −0.04 |
| SUB iShares Short-Term National | Reduce -29.3% | 0.08% | −0.03 |
| IRDM Iridium Communications Inc. | Reduce -36.0% | 0.05% | −0.03 |
| IBRX Immunitybio Inc. | Reduce -18.8% | 0.06% | −0.03 |
| MO Altria Group Inc. | Reduce -2.6% | 0.15% | −0.03 |
| TSLA Tesla Inc. | Reduce -1.4% | 1.04% | −0.03 |
| CURI Curiositystream Inc. | Sold out | 0.00% | −0.03 |
| ABBV Abbvie Inc. | Reduce -0.1% | 0.72% | −0.03 |
| XRNPX Cohen & Steers REIT and Pref | Reduce -18.1% | 0.07% | −0.03 |
| AMT American Tower Corp. | Reduce -13.1% | 0.10% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -0.4% | 2.98% | −0.03 |
Portfolio Buys Q3 2025 → Q4 2025
| MU Micron Technology Inc. | Add +8.5% | 1.73% | +0.77 |
| FYEE Fidelity YLD Enhan Eqty ETF | New | 0.34% | +0.34 |
| KVUE Kenvue Inc. | Add +120.3% | 0.59% | +0.33 |
| GOOG Alphabet Inc. Class C | Add +47.8% | 0.67% | +0.31 |
| AAPL Apple Inc. | Add +0.4% | 6.97% | +0.29 |
| BSTZ BlackRock Sci & Tech TRM TR | New | 0.22% | +0.22 |
| IXUS iShares Core Intl Stock ETF | New | 0.21% | +0.21 |
| AMD Advanced Micro Devices | New | 0.20% | +0.20 |
| JEPQ JPM Nasdaq Equity Premium | Add +39.0% | 0.61% | +0.16 |
| SLV iShares Silver Trust | Add +20.9% | 0.37% | +0.16 |
| STX Seagate Technology Holdings | New | 0.13% | +0.13 |
| WDC Western Digital Corp. | New | 0.12% | +0.12 |
| ECHO Echostar Corp. Class A | New | 0.12% | +0.12 |
| FBCG Fidelity Blue Chip Grow ETF | Add +66.8% | 0.30% | +0.12 |
| HOOD Robinhood Markets Inc. Class A | New | 0.11% | +0.11 |
| FTMA FR Massachusetts Mun Inc. ETF | New | 0.10% | +0.10 |
| ACLS Axcelis Technologies Inc. | New | 0.09% | +0.09 |
| GE General Electric | Add +41.8% | 0.29% | +0.09 |
| CAT Caterpillar Inc. | Add +0.0% | 0.54% | +0.08 |
| CSCO Cisco Systems Inc. | New | 0.08% | +0.08 |
| MCD McDonald's Corp. | New | 0.07% | +0.07 |
| GEHC GE Healthcare Technology | New | 0.07% | +0.07 |
| PEP Pepsico Inc. | New | 0.06% | +0.06 |
| KLAC KLA Corp. | New | 0.06% | +0.06 |
| VOO Vanguard S&P 500 ETF | Add +8.5% | 0.78% | +0.06 |
| BA The Boeing Co. | Add +10.1% | 0.77% | +0.06 |
| ALT Altimmune Inc. | Add +86.7% | 0.13% | +0.05 |
| XOM Exxon Mobil Corp. | Add +8.3% | 0.46% | +0.05 |
| PPLT Abrdn Physical Platinum SHRS | Add +33.3% | 0.12% | +0.05 |
| AMGN Amgen Inc. | Add +5.2% | 0.28% | +0.04 |
| ITAN Sparkline Intangible Val ETF | Add +15.2% | 0.26% | +0.04 |
| WMT Walmart Inc. | Add +4.4% | 0.42% | +0.04 |
| MELI MercadoLibre Inc. | Add +52.4% | 0.16% | +0.03 |
| DHR Danaher Corp. | Add +11.7% | 0.17% | +0.03 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Add +37.3% | 0.12% | +0.03 |
| MUJ BlackRock Munihold NJ QLTY | Add +17.2% | 0.15% | +0.02 |
| GLD SPDR Gold Shares | Add +4.5% | 0.18% | +0.02 |
| GS Goldman Sachs Group Inc. | Add +2.3% | 0.18% | +0.02 |
| ZENA Zenatech Inc. | Add +108.7% | 0.05% | +0.01 |
| BEAM Beam Therapeutics Inc. | Add +4.3% | 0.08% | +0.01 |
| ASML ASML Holding NV-NY Reg SHS | Add +1.3% | 0.13% | +0.01 |
| FBTC Fidelity Wise Origin Bitcoin | Add +39.2% | 0.21% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +3.3% | 0.23% | +0.00 |
| COST Costco Wholesale Corp. | Add +11.9% | 0.23% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +2.3% | 0.47% | +0.00 |
| VXUS Vanguard Total Intl Stock | Add +1.4% | 0.19% | +0.00 |
| DIS The Walt Disney Co. | Add +5.8% | 0.10% | +0.00 |
| QQQ Invesco QQQ Trust Series 1 | Add +0.8% | 0.54% | +0.00 |
| ROBO Robo Global Robotics and Aut | Add +0.1% | 0.07% | +0.00 |
| IVE iShares S&P 500 Value ETF | Add +0.5% | 0.40% | +0.00 |
Options Activity Q3 2025 → Q4 2025
| AVADEL PHARMACEUTICALS PLC | call | New | 20,000 | $431K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |