Prasad Wealth Partners, LLC

Key Holdings

The portfolio is dominated by exchange-traded funds (ETFs), which occupy the majority of the top ten spots.

• Top Position: The largest holding is ONEQ (Fidelity Nasdaq Composite Index Tracking Stock) at $22.68M (6.05%). This indicates a strong tilt toward the technology-heavy Nasdaq Composite.
• Equal Weight & International Exposure: The second and third holdings, Innovator ETFs Trust ($19.57M) and HEFA (iShares Currency Hedged MSCI EAFE) ($18.03M), suggest a focus on international equity exposure while mitigating currency risk.
• Equal Weight Strategy: A significant portion of the assets is allocated to RSP (Invesco S&P 500 Equal Weight ETF) and RSPT, totaling nearly 8.5% of the portfolio combined. This signals a preference for diversification away from mega-cap concentration, seeking value in mid and small-cap U.S. equities.
• Equity Titans: Direct stock holdings are present but smaller in scale compared to the ETF sleeves. Amazon (AMZN) is the largest individual stock holding at $8.98M (2.39%), followed closely by Alphabet (GOOGL) at $8.53M. Other notable tech giants include Microsoft, NVIDIA, Apple, and Meta, though none exceed 2% of the total portfolio individually.

Sector Allocation

The sector breakdown reveals a strategy heavily reliant on fund-based vehicles to achieve broad diversification, with specific sector tilts.

• ETF Dominance: Approximately 50% of the portfolio ($187.56M) is classified as ETFs. A further 24.6% ($92.45M) is listed as "Unknown," which likely represents additional ETFs or structured products not fully categorized in the data provided. This implies that roughly three-quarters of the portfolio is accessed through funds.
• Technology: Direct Technology exposure accounts for $20.51M (5.5%). When accounting for the tech-heavy nature of the top ETF holdings (like ONEQ), the actual economic exposure to the technology sector is likely significantly higher.
• Cyclicals & Communication: The portfolio maintains meaningful exposure to Consumer Cyclical ($11.58M) and Communication Services ($11.18M), driven largely by holdings in Amazon, Tesla, Shopify, and Alphabet/Meta.
• Defensives: Financial Services ($7.30M) and Consumer Defensive ($2.35M) provide ballast, though they are currently underweighted relative to the aggressive growth positions.