SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co

Key Holdings

The portfolio is heavily influenced by its top position, the Invesco Water Resources ETF (PHO), which accounts for 27.45% ($39.47M) of the total portfolio. This is an exceptionally large allocation for a single ETF, suggesting a strong conviction in the water resources and infrastructure theme. Beyond this dominant position, the manager favors high-profile technology leaders. NVIDIA (NVDA) remains the largest individual equity holding at 8.34% ($11.99M), followed closely by Palantir (PLTR) at 6.91% and Tesla (TSLA) at 6.36%.

The top 10 holdings are concentrated in secular growth winners, including Amazon (AMZN), Meta (META), Alphabet (GOOGL), and Goldman Sachs (GS). Notably, while the top individual stocks are familiar large-cap growth names, the portfolio also utilizes ETFs such as the iShares Russell 2000 (IWM) (4.42%) to gain exposure to small-cap equities. The presence of Caterpillar (CAT) and Emerson Electric (EMR) within the top 15 indicates a complementary tilt toward industrial cyclicals, likely driven by the infrastructure and energy themes also seen in the PHO holding.