Hobbs Wealth Management, LLC

2. Key Holdings

The portfolio is dominated by four core ETF positions, which collectively represent 59.16% of the total assets:

• SPYM (SPDR Portfolio S&P 500 ETF): The largest holding at 18.60% ($14.05M). This indicates a baseline commitment to large-cap U.S. equity performance.
• QUAL (iShares MSCI USA Quality Factor ETF): Comprising 15.29% ($11.55M), this suggests a tilt toward companies with high profitability, strong earnings growth, and low debt.
• DYNF (BlackRock Future U.S. Equity Factor ETF): At 13.44% ($10.15M), this holding implies a dynamic approach to factor investing, likely utilizing quantitative models to adjust exposure based on market regimes.
• XLG (Invesco S&P 500 Top 50 ETF): Holding 11.83% ($8.93M), this fund concentrates exposure on the 50 largest companies in the S&P 500, doubling down on mega-cap dominance.

Outside of these major ETF sleeves, the firm holds a select group of individual technology and communication services giants, including NVIDIA (NVDA), Broadcom (AVGO), Alphabet (GOOGL/GOOG), and Meta (META). However, these individual positions are kept relatively small compared to the ETF allocations, with NVDA being the largest at just 2.98% of the portfolio.