Wealthcare Capital Management LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 20, 2026), Wealthcare Capital Management LLC reported 90 stock positions worth $1.0 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 36.4% of the portfolio, followed by iShares 7-10 Year Treasury B (IEF, 18.6%) and Alpha Architect Tail Risk (CAOS, 8.9%). Compared with Q3 2025, it opened 9 new positions, sold out of 2, added to 30 and reduced 33. The biggest buy was iShares 7-10 Year Treasury B (IEF, shares +4%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −4%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0001516450
Portfolio Value
$1.0B (Q4 2025)
SEC Filing
0001951757-26-000231 ↗ filed Jan 20, 2026

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $900.3M Q1 2024 Q2 2024: $942.4M Q2 2024 Q3 2024: $997.1M Q3 2024 Q4 2024: $992.7M Q4 2024 Q1 2025: $986.0M Q1 2025 Q2 2025: $945.9M Q2 2025 Q3 2025: $984.9M Q3 2025 Q4 2025: $1.0B $1.0B Q4 2025 Q1 2026: $1000.0M Q1 2026 Q2 2026: $1.1B Q2 2026

Holdings 90 stocks · $1.0B
VTI VG Morningstar TS MKT ETF-US 36.44% 1,094,768 $367.0M Reduce -3.9%
IEF iShares 7-10 Year Treasury B 18.56% 1,944,314 $187.0M Add +4.3%
CAOS Alpha Architect Tail Risk 8.89% 996,874 $89.5M Add +5.1%
STIP iShares 0-5 Year Tips Bond E 8.74% 860,058 $88.1M Add +3.4%
VEU Vanguard Ftse All-World Ex-U 7.01% 960,114 $70.6M Reduce -2.6%
PSLV Sprott Physical Silver Trust 2.80% 1,193,913 $28.2M Reduce -14.7%
PHYS Sprott Physical Gold Trust 1.78% 542,246 $17.9M Reduce -12.7%
UTEN F/M US Treasury 10 Year Note 1.69% 385,345 $17.0M Reduce -6.2%
IVZ Invesco Ltd. 1.30% 498,545 $13.1M Reduce -6.2%
MUB iShares National Muni Bond E 1.05% 98,759 $10.6M Add +37.9%
SCHP Schwab U.S. Tips ETF 1.04% 395,603 $10.5M Add +3.7%
IEI iShares 3-7 Year Treasury Bo 1.02% 86,292 $10.3M Add +1.8%
SPYM Ste STR SPDR PT S&P 500 ETF 0.95% 118,956 $9.5M Add +13.3%
TFI SS SPDR N Ice Muni Bond ETF 0.82% 181,721 $8.3M Reduce -2.1%
ITOT iShares Core S&P Total U.S. 0.81% 54,560 $8.1M Reduce -3.8%
USFR Wisdomtree Floating Rate Tre 0.63% 125,950 $6.3M Add +1.3%
DSI iShares ESG MSCI KLD 400 ETF 0.32% 25,390 $3.3M Reduce -1.6%
IXUS iShares Core Intl Stock ETF 0.32% 38,617 $3.3M Reduce -9.2%
IWV iShares Russell 3000 ETF 0.32% 8,434 $3.3M Reduce -1.1%
AAPL Apple Inc. 0.30% 11,116 $3.0M Add +15.4%
IVV iShares Core S&P 500 ETF 0.28% 4,096 $2.8M Add +0.5%
SPSM SS SPDR P S&P 600 Small Cap 0.27% 58,929 $2.8M Add +15.6%
SUB iShares Short-Term National 0.23% 21,494 $2.3M Add +112.2%
SPMD SS SPDR P S&P 400 Midcap ETF 0.22% 38,300 $2.2M Add +22.0%
SHY iShares 1-3 Year Treasury Bo 0.21% 26,087 $2.2M Reduce -20.3%
SHM SS SPDR N Ice St Muni ETF 0.19% 38,926 $1.9M Reduce -0.6%
SPTM SS SPDR P S&P 1500 Comp ETF 0.18% 21,933 $1.8M New
XOM Exxon Mobil Corp. 0.17% 13,921 $1.7M Add +0.2%
AGG iShares Core U.S. Aggregate 0.16% 16,237 $1.6M Add +11.6%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 2,973 $1.5M No change
DBEF Xtrackers MSCI Eafe Hedged E 0.14% 29,508 $1.4M Add +8.4%
VEA Vanguard Ftse Developed ETF 0.14% 22,149 $1.4M Add +5.2%
SCZ iShares MSCI Eafe Small-Cap 0.13% 16,291 $1.3M Add +5.4%
SPIP SS SPDR P Tips ETF 0.11% 42,794 $1.1M Reduce -19.6%
CGCP Cap Group Core Plus Income 0.10% 45,638 $1.0M Add +6.2%
XSMO Invesco S&P Smallcap Momentu 0.09% 13,191 $950K Reduce -5.9%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.09% 6,704 $946K Add +82.7%
EMXC iShares MSCI Emr MRK Ex Chna 0.09% 12,092 $879K Reduce -1.7%
VSGX Vanguard ESG Intl Stock ETF 0.08% 11,635 $833K No change
VOO Vanguard S&P 500 ETF 0.08% 1,325 $831K Add +23.9%
GLDM SPDR Gold Minishares Trust 0.08% 9,545 $815K Add +17.8%
SCHB Schwab US Broad Market ETF 0.08% 30,952 $812K No change
SPY SS SPDR S&P 500 ETF Trust-US 0.08% 1,175 $801K No change
NVDA Nvidia Corp. 0.08% 4,165 $777K Reduce -0.7%
VNQ Vanguard Real Estate ETF 0.07% 8,487 $751K Add +11.5%
JPM JPMorgan Chase & Co. 0.07% 2,229 $718K No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.07% 7,664 $700K Reduce -12.6%
MSFT Microsoft Corp. 0.07% 1,423 $688K Reduce -1.9%
QQQ Invesco QQQ Trust Series 1 0.07% 1,068 $656K No change
SPDW Ste STR SPDR PT DW Eu ETF 0.06% 14,440 $641K Add +0.3%
SCHD Schwab US DVD Equity ETF 0.06% 23,245 $638K Reduce -30.3%
BKLN Invesco Senior Loan ETF 0.06% 28,741 $604K Add +6.8%
SHV iShares 0-1 Year Treasury Bo 0.05% 4,646 $512K No change
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.05% 16,994 $502K Reduce -0.6%
SCHF Schwab Intl Equity ETF 0.05% 20,389 $490K No change
IJH iShares Core S&P Midcap ETF 0.05% 7,352 $485K Add +0.1%
IBIT iShares Bitcoin Trust ETF 0.05% 9,209 $457K Add +124.4%
JEPI JPMorgan Equity Premium Inco 0.04% 7,497 $429K Reduce -19.6%
AVGO Broadcom Inc. 0.04% 1,159 $401K No change
CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE 0.04% 9,013 $393K Reduce -2.4%
IVW iShares S&P 500 Growth ETF 0.04% 3,185 $393K No change
XT Ishar Fture Exp Tech ETF-Usd 0.04% 5,562 $388K Reduce -0.3%
GOOGL Alphabet Inc. Class A 0.04% 1,239 $388K Reduce -12.2%
CWI State Street SPDR MSCI Acwi 0.04% 10,464 $376K New
PM Philip Morris International 0.04% 2,314 $371K Reduce -0.2%
GRID First TRST Nasd Class Edg Sgiif 0.04% 2,392 $366K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.04% 759 $365K No change
CGGR Cap Group Growth Equity 0.04% 8,067 $359K Reduce -9.9%
DFAC Dimensional US Core Equity 2 0.04% 8,964 $355K Reduce -1.7%
IFRA iShares US Infrastructure 0.03% 6,402 $337K Add +4.8%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.03% 1,050 $331K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.03% 1,072 $318K Add +0.2%
MDY State Street SPDR S&P Midcap 0.03% 519 $313K No change
AMZN Amazon.com Inc. 0.03% 1,351 $312K Reduce -4.0%
VWO Vanguard Ftse Emerging Marke 0.03% 5,774 $310K Reduce -45.0%
COST Costco Wholesale Corp. 0.03% 360 $310K Reduce -0.6%
PVI Invesco Floating Rate Munici 0.03% 11,341 $283K New
IWM iShares Russell 2000 ETF 0.03% 1,142 $281K Add +1.8%
EFA iShares MSCI Eafe ETF 0.03% 2,752 $264K No change
META Meta Platforms Inc. Class A 0.03% 393 $259K No change
IGE iShares North American Natur 0.03% 5,132 $258K New
USRT iShares Core US REIT ETF 0.02% 4,399 $251K New
VIG Vanguard Dividend Apprec ETF 0.02% 1,111 $244K No change
SCHX Schwab US Large-Cap ETF 0.02% 8,402 $226K Reduce -81.6%
PAVE Global X US Infrastructure 0.02% 4,652 $222K Reduce -0.4%
RTX RTX Corp. 0.02% 1,156 $212K New
IWF iShares Russell 1000 Growth 0.02% 445 $211K No change
TSLA Tesla Inc. 0.02% 456 $205K No change
BIZD Vaneck BDC Income ETF 0.02% 11,011 $156K New
USAS Americas Gold and Silver Cor 0.01% 11,251 $57K New

Portfolio Sells Q3 2025 → Q4 2025
VTI VG Morningstar TS MKT ETF-US Reduce -3.9% 36.44% −1.50
UTEN F/M US Treasury 10 Year Note Reduce -6.2% 1.69% −0.16
VEU Vanguard Ftse All-World Ex-U Reduce -2.6% 7.01% −0.13
SCHX Schwab US Large-Cap ETF Reduce -81.6% 0.02% −0.10
PHYS Sprott Physical Gold Trust Reduce -12.7% 1.78% −0.09
SHY iShares 1-3 Year Treasury Bo Reduce -20.3% 0.21% −0.06
TFI SS SPDR N Ice Muni Bond ETF Reduce -2.1% 0.82% −0.03
ITOT iShares Core S&P Total U.S. Reduce -3.8% 0.81% −0.03
IXUS iShares Core Intl Stock ETF Reduce -9.2% 0.32% −0.03
SPIP SS SPDR P Tips ETF Reduce -19.6% 0.11% −0.03
GUNR NT Mstar GLBL NR ETF Sold out 0.00% −0.03
SCHD Schwab US DVD Equity ETF Reduce -30.3% 0.06% −0.03
VWO Vanguard Ftse Emerging Marke Reduce -45.0% 0.03% −0.03
KMLM Kraneshares MT LC MN FT Id S Sold out 0.00% −0.02
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -12.6% 0.07% −0.01
JEPI JPMorgan Equity Premium Inco Reduce -19.6% 0.04% −0.01
XSMO Invesco S&P Smallcap Momentu Reduce -5.9% 0.09% −0.01
MSFT Microsoft Corp. Reduce -1.9% 0.07% −0.01
SHM SS SPDR N Ice St Muni ETF Reduce -0.6% 0.19% −0.01
DSI iShares ESG MSCI KLD 400 ETF Reduce -1.6% 0.32% −0.01
CGGR Cap Group Growth Equity Reduce -9.9% 0.04% −0.00
IWV iShares Russell 3000 ETF Reduce -1.1% 0.32% −0.00
COST Costco Wholesale Corp. Reduce -0.6% 0.03% −0.00
NVDA Nvidia Corp. Reduce -0.7% 0.08% −0.00
XT Ishar Fture Exp Tech ETF-Usd Reduce -0.3% 0.04% −0.00
CGXU Cap Group Intl Focus Reduce -0.6% 0.05% −0.00
PM Philip Morris International Reduce -0.2% 0.04% −0.00
DFAC Dimensional US Core Equity 2 Reduce -1.7% 0.04% −0.00
PAVE Global X US Infrastructure Reduce -0.4% 0.02% −0.00
AMZN Amazon.com Inc. Reduce -4.0% 0.03% −0.00
CGDV Cap Group Dividend Value Reduce -2.4% 0.04% −0.00
EMXC iShares MSCI Emr MRK Ex Chna Reduce -1.7% 0.09% +0.00
GOOGL Alphabet Inc. Class A Reduce -12.2% 0.04% +0.00
IVZ Invesco Ltd. Reduce -6.2% 1.30% +0.06
PSLV Sprott Physical Silver Trust Reduce -14.7% 2.80% +0.57

Portfolio Buys Q3 2025 → Q4 2025
IEF iShares 7-10 Year Treasury B Add +4.3% 18.56% +0.30
MUB iShares National Muni Bond E Add +37.9% 1.05% +0.28
CAOS Alpha Architect Tail Risk Add +5.1% 8.89% +0.26
SPTM SS SPDR P S&P 1500 Comp ETF New 0.18% +0.18
SUB iShares Short-Term National Add +112.2% 0.23% +0.12
SPYM Ste STR SPDR PT S&P 500 ETF Add +13.3% 0.95% +0.11
AAPL Apple Inc. Add +15.4% 0.30% +0.05
MGV Vngrd Mrgstr MG CP VL ETF-Ui Add +82.7% 0.09% +0.04
SPMD SS SPDR P S&P 400 Midcap ETF Add +22.0% 0.22% +0.04
CWI State Street SPDR MSCI Acwi New 0.04% +0.04
GRID First TRST Nasd Class Edg Sgiif New 0.04% +0.04
SPSM SS SPDR P S&P 600 Small Cap Add +15.6% 0.27% +0.03
PVI Invesco Floating Rate Munici New 0.03% +0.03
IGE iShares North American Natur New 0.03% +0.03
USRT iShares Core US REIT ETF New 0.02% +0.02
RTX RTX Corp. New 0.02% +0.02
IBIT iShares Bitcoin Trust ETF Add +124.4% 0.05% +0.02
GLDM SPDR Gold Minishares Trust Add +17.8% 0.08% +0.02
STIP iShares 0-5 Year Tips Bond E Add +3.4% 8.74% +0.02
VOO Vanguard S&P 500 ETF Add +23.9% 0.08% +0.02
BIZD Vaneck BDC Income ETF New 0.02% +0.02
AGG iShares Core U.S. Aggregate Add +11.6% 0.16% +0.01
DBEF Xtrackers MSCI Eafe Hedged E Add +8.4% 0.14% +0.01
VEA Vanguard Ftse Developed ETF Add +5.2% 0.14% +0.01
XOM Exxon Mobil Corp. Add +0.2% 0.17% +0.01
USAS Americas Gold and Silver Cor New 0.01% +0.01
SCZ iShares MSCI Eafe Small-Cap Add +5.4% 0.13% +0.01
VNQ Vanguard Real Estate ETF Add +11.5% 0.07% +0.00
CGCP Cap Group Core Plus Income Add +6.2% 0.10% +0.00
BKLN Invesco Senior Loan ETF Add +6.8% 0.06% +0.00
IVV iShares Core S&P 500 ETF Add +0.5% 0.28% +0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +0.3% 0.06% +0.00
IBM Intl Business Machines Corp. Add +0.2% 0.03% +0.00
IFRA iShares US Infrastructure Add +4.8% 0.03% +0.00
IWM iShares Russell 2000 ETF Add +1.8% 0.03% +0.00
IJH iShares Core S&P Midcap ETF Add +0.1% 0.05% −0.00
SCHP Schwab U.S. Tips ETF Add +3.7% 1.04% −0.00
USFR Wisdomtree Floating Rate Tre Add +1.3% 0.63% −0.01
IEI iShares 3-7 Year Treasury Bo Add +1.8% 1.02% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 105$1.1BVTI, IEF, STIP, CAOS, VEU
Q1 2026 94$1000.0MVTI, IEF, STIP, CAOS, VEU
Q4 2025 90$1.0BVTI, IEF, CAOS, STIP, VEU
Q3 2025 83$984.9MVTI, IEF, STIP, CAOS, VEU
Q2 2025 78$945.9MVTI, IEF, STIP, USFR, VEU
Q1 2025 89$986.0MVTI, IEF, USFR, STIP, VEU
Q4 2024 87$992.7MVTI, IEF, USFR, STIP, VEU
Q3 2024 82$997.1MVTI, IEF, USFR, STIP, VEU
Q2 2024 84$942.4MVTI, IEF, USFR, STIP, VEU
Q1 2024 82$900.3MVTI, IEF, USFR, STIP, VEU