Capital Advisors Wealth Management, LLC

The top 10 holdings sum to about $334.8M (≈45.6% of the portfolio), but most of these top positions are broad or sector ETFs rather than concentrated single-stock bets. Single-name equity exposures (e.g., AAPL $16.30M / 2.22%, MSFT $13.59M / 1.85%) are present but represent modest percentages individually, suggesting the manager prefers diversified ETF exposures supplemented by selected individual equities.

Key Holdings and Their Significance

• ETF dominance: FNDF (Schwab Strategic Trust) is the largest single holding at $48.51M (6.61%). Other very large ETF allocations include VIG $45.40M (6.18%), IVV $42.48M (5.79%), IWF $39.67M (5.40%), VCIT $32.61M (4.44%), JPIE $30.03M (4.09%) and QQQ $28.73M (3.91%). The prominence of broad-market ETFs (IVV, VTI, SPY, VO), growth/tech ETFs (IWF, QQQ, VGT) and dividend-focused ETFs (VIG, VYM, VYMI) implies the portfolio’s core exposures are achieved via diversified ETFs rather than concentrated single-stock risk.
• Income/liquidity sleeve: Noticeable allocation to short/intermediate fixed-income ETFs and liquidity vehicles (VCIT $32.61M, JPST $22.54M, VTEB $6.88M, IEF $4.40M, AGG $3.87M, MUB $3.67M). These positions represent a meaningful portion of the portfolio and indicate cash-management and income-generation components.
• Selected direct equities: Largest single-stock positions are modest relative to portfolio size — AAPL $16.30M (2.22%), MSFT $13.59M (1.85%), AMZN $11.41M (1.55%), GOOGL $11.02M (1.50%), BRK/B $8.16M (1.11%), META $7.52M (1.02%), NVDA $7.00M (0.95%). These reflect exposure to large-cap tech/consumer names but at limited single-name concentration.
• Diversified approach via many managers: The presence of multiple provider ETFs (Vanguard, iShares, Schwab, JP Morgan, Goldman Sachs, Invesco, BlackRock) suggests a multi-vendor, multi-strategy implementation rather than a single index-provider bias.