Private Wealth Group, LLC

Key Holdings

The portfolio is characterized by a "core-satellite" structure with a heavy concentration in a few primary ETFs.

• Dominant Core Position: The largest holding is SPYM (SPDR Portfolio S&P 400 Mid Cap ETF), comprising 28.59% of the total portfolio value ($59.61M). This substantial allocation signals a strong conviction in the mid-cap equity market, likely seeking a balance between the growth potential of small caps and the stability of large caps.
• Top-Tier Concentration: The top four positions—SPYM, ISHARES TR, SPTS, and SPYV—account for nearly 46.6% of the entire portfolio. This high concentration in specific SPDR and iShares products suggests a focus on specific factor tilts (such as dividend yield or mid-cap size) rather than a passive S&P 500 indexing approach.
• Individual Equities: The only notable individual stock position within the top 10 is Berkshire Hathaway (BRK/B), holding at 3.52% ($7.33M). This is a new position and represents the firm's largest direct equity bet, likely serving as a stabilizing, value-oriented diversifier away from the ETF-heavy portfolio. Other individual stocks like Apple (AAPL) and Alphabet (GOOG) are present but represent smaller fractions of the portfolio (0.55% and 0.48% respectively).