Magnolia Wealth Management, LLC

Note: 13F filings capture long positions in US-listed equities and certain ETFs only; they do not report cash, fixed-income holdings, derivatives, or non-13F-reportable vehicles. Any broader asset allocations outside 13F-reportable securities will not appear here.

Key Holdings

• IXUS (iShares ETF): $18.83M, 228K shares — 56.59% of portfolio. This is the largest single position and therefore the primary driver of portfolio returns and risk. It gives broad non‑US equity exposure (international/developed and emerging markets) and introduces material currency and regional risk relative to US-only exposures.
• VGT (Vanguard ETF): $13.67M, 18K shares — 41.09% of portfolio. As the second-largest holding, it provides concentrated exposure to the information-technology/large-cap growth segment (VGT is a tech‑centric ETF). Together with IXUS, these two ETFs form a near-total equity allocation split between international equities and US tech‑heavy equities.
• JPM (JPMorgan Chase & Co.): $299.34K — 0.90% of portfolio. A very small, direct financial-sector holding relative to the ETF positions.
• GOOGL (Alphabet Inc.): $263.52K — 0.79% of portfolio. Newly initiated this quarter; a small direct equity position likely to overlap in economic exposure with VGT (Alphabet is a large tech constituent).
• SPY (SPDR S&P 500 ETF Trust): $207.18K — 0.62% of portfolio. New and small relative to the primary positions; provides broad US large‑cap market exposure but is immaterial to overall allocation given current sizing.