IVC Wealth Advisors LLC

2. Key Holdings

The portfolio is characterized by a concentration of assets in the top ten positions, which collectively account for approximately 46% of the total portfolio value.

• Dominance of ETFs: The largest position is Vanguard Index Funds at $22.65 million (9.85%), followed by Putnam ETF Trust ($14.21M, 6.18%) and J.P. Morgan Exchange Traded Funds ($11.61M, 5.05%). These positions suggest a core-satellite approach where the firm utilizes broad market exposure as a foundation for client portfolios.
• Technology Concentration: Apple Inc. is the single largest individual equity holding, valued at $15.27 million (6.64%). Other major tech names include NVIDIA Corporation ($4.78M, 2.08%) and Meta Platforms ($3.02M, 1.31%).
• Financials and Industrials: The firm holds substantial positions in financial services, including J.P. Morgan (via ETFs and direct stock), Truist Financial, and Prudential Financial. Industrials are represented by Caterpillar Inc. and Eaton Corp.
• Other Notables: The list includes defensive healthcare names like Merck & Co. and Johnson & Johnson, as well as consumer staples like McDonald's Corp, indicating a desire for balanced exposure across economic cycles.