SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Avion Wealth

CIK 0001792704 · 2829 TECHNOLOGY FOREST BLVD #300, THE WOODLANDS, TX, 77381 · 2815281200

Reported Value
$477M
Q4 2025
Positions
1,561
Filings on Record
28
2019–present window
Filed
Jan 23, 2026
original filing

Summary

Avion Wealth reported $477M in U.S.-listed holdings across 1,561 positions for Q4 2025.

The portfolio is heavily concentrated: VOO alone accounts for 30.2% of reported value.

Compared with Q3 2025, the fund opened 159 new positions and exited 120.

Portfolio Metrics

Turnover
+4.1%
vs prior filed quarter
Top-10 Concentration
+82.8%
share of reported value
Largest Position
+30.2%
Vanguard Index Fds
New / Exited
159 / 120
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q3 ’19: $105MQ3 ’19Q4 ’19: $112MQ1 ’20: $234MQ2 ’20: $287MQ3 ’20: $297MQ3 ’20Q4 ’20: $318MQ1 ’21: $286MQ2 ’21: $328MQ3 ’21: $330MQ3 ’21Q4 ’21: $354MQ1 ’22: $348MQ2 ’22: $322MQ3 ’22: $322MQ3 ’22Q4 ’22: $321MQ1 ’23: $367MQ2 ’23: $382MQ3 ’23: $350MQ3 ’23Q4 ’23: $356MQ1 ’24: $373MQ2 ’24: $362MQ3 ’24: $382MQ3 ’24Q4 ’24: $389MQ1 ’25: $390MQ2 ’25: $439MQ3 ’25: $466MQ3 ’25Q4 ’25: $477MQ1 ’26: $484Mfilingsflow.com

Portfolio Composition

By security type
ETP: 86.4%Common Stock: 12.7%MLP: 0.5%REIT: 0.2%Closed-End Fund: 0.1%Other: 0.1%
  • ETP · 86.4% · $412M
  • Common Stock · 12.7% · $60M
  • MLP · 0.5% · $3M
  • REIT · 0.2% · $867,000
  • Closed-End Fund · 0.1% · $398,000
  • Other · 0.1% · $523,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XBISPDR SERIES TRUSTNEW+850850+$103,000$103,000
FELCFIDELITY COVINGTON TRUSTNEW+2.4K2.4K+$90,000$90,000
RWLINVESCO EXCH TRADED FD TR IINEW+771771+$88,000$88,000
LRGFISHARES TRNEW+1.3K1.3K+$87,000$87,000
CGGRCAPITAL GROUP GROWTH ETFNEW+1.5K1.5K+$68,000$68,000
REMXVANECK ETF TRUSTNEW+900900+$66,000$66,000
BLACKROCK ETF TRUSTNEW+1.6K1.6K+$46,000$46,000
IBHGISHARES TRNEW+1.6K1.6K+$36,000$36,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2025

383 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VOOVANGUARD INDEX FDSS&P 500 ETF SHS · MCAP VL IDXVIP · SM CP VAL ETF · TOTAL STK MKT · MID CAP ETF · GROWTH ETF · REAL ESTATE ETF · LARGE CAP ETF · VALUE ETF · EXTEND MKT ETF · SMALL CP ETF30.21%$144M548.5K
2VUSBVANGUARD BD INDEX FDSVANGUARD ULTRA · SHORT TRM BOND · TOTAL BND MRKT14.48%$69M1.36M
3VEAVANGUARD TAX-MANAGED FDShistory →VAN FTSE DEV MKT12.48%$59M952.3K
4VEUVANGUARD INTL EQUITY INDEX FALLWRLD EX US · FTSE EMR MKT ETF · TT WRLD ST ETF · FTSE SMCAP ETF6.36%$30M426.9K
5BNDXVANGUARD CHARLOTTE FDShistory →TOTAL INT BD ETF5.42%$26M534.4K
6VYMVANGUARD WHITEHALL FDShistory →HIGH DIV YLD5.17%$25M171.8K
7IEFAISHARES TRCORE MSCI EAFE · CORE S&P SCP ETF · IBOXX HI YD ETF · CORE S&P500 ETF · CORE US AGGBD ET · CORE S&P MCP ETF · CORE S&P TTL STK · MSCI USA QLT FCT · SP SMCP600VL ETF · SELECT DIVID ETF · MSCI EAFE ETF · RUS 1000 GRW ETF · CORE S&P US VLU · RUSSELL 2000 ETF · US AER DEF ETF · U S EQUITY FACTR · U.S. UTILITS ETF · MSCI USA MIN VOL · CORE MSCI INTL · MRGSTR MD CP ETF · RUS 1000 ETF · US TREAS BD ETF · SELECT US REIT · PFD AND INCM SEC · EXPND TEC SC ETF · IBOXX INV CP ETF · IBONDS 2027 TERM · CORE MSCI TOTAL · 0-5YR HI YL CP · US HOME CONS ETF · RUS MD CP GR ETF · RUS 1000 VAL ETF · S&P 500 VAL ETF · RUS MDCP VAL ETF · 3 7 YR TREAS BD · MSCI EMG MKT ETF · CORE DIV GRWTH · MSCI EURO FL ETF · EAFE VALUE ETF · JPMORGAN USD EMG · MSCI USA MMENTM · MSCI EAFE MIN VL · US OIL GS EX ETF · RUS 2000 GRW ETF · 7-10 YR TRSY BD · 1 3 YR TREAS BD · GLOBAL FINLS ETF · EAFE SML CP ETF3.43%$16M163.8K
8DFACDIMENSIONAL ETF TRUSTUS CORE EQUITY 2 · INTERNATNAL VAL2.37%$11M284.1K
9MINTPIMCO ETF TRENHAN SHRT MA AC · ACTIVE BD ETF1.74%$8M82.6K
10NVDANVIDIA CORPORATIONhistory →COM · CALL1.17%$6M29.8K
11GLDSPDR GOLD TRhistory →GOLD SHS1.10%$5M13.2K
12AAPLAPPLE INChistory →COM1.08%$5M19.0K
13SCISERVICE CORP INTLCOM0.76%$4M46.5K
14VFHVANGUARD WORLD FDFINANCIALS ETF · ENERGY ETF · INF TECH ETF · CONSUM STP ETF · MATERIALS ETF0.63%$3M21.3K
15KMIKINDER MORGAN INC DELCOM0.60%$3M104.4K
16BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.60%$3M5.7K
17BABOEING COCOM0.59%$3M12.9K
18TSLATESLA INCCOM0.58%$3M6.1K
19AMZNAMAZON COM INCCOM0.54%$3M11.2K
20MSFTMICROSOFT CORPCOM0.47%$2M4.7K
21HALHALLIBURTON COCOM0.45%$2M76.7K
22EXMOCEXXON MOBIL CORPCOM0.45%$2M17.9K
23SCHZSCHWAB STRATEGIC TRUS AGGREGATE B · US MID-CAP ETF · US SML CAP ETF · INTL EQTY ETF · US LRG CAP ETF · US LCAP GR ETF · EMRG MKTEQ ETF · SHT TM US TRES · US BRD MKT ETF · FUNDAMENTAL INTL0.43%$2M82.1K
24GOOGLALPHABET INCCAP STK CL A · CAP STK CL C0.39%$2M6.0K
25EPDENTERPRISE PRODS PARTNERS LCOM0.39%$2M57.8K
26NTSXWISDOMTREE TRUS EFFICIENT COR · EFFICIENT GLD PL · INTERNATIONL EFI · EMER MKT HIGH FD · EM LCL DEBT FD0.34%$2M31.2K
27VOOVVANGUARD ADMIRAL FDS INC500 VAL IDX FD · 500 GRTH IDX F0.29%$1M6.6K
28QQQMINVESCO EXCH TRADED FD TR IINASDAQ 100 ETF · S&P 500 MOMNTM · S&P 500 REVENUE0.25%$1M7.0K
29RWRSPDR SERIES TRUSTSTATE STREET SPD0.19%$902,0009.4K
30METAMETA PLATFORMS INCCL A0.18%$856,0001.3K
31LLYELI LILLY & COCOM0.17%$800,000745
32VTIPVANGUARD MALVERN FDSSTRM INFPROIDX0.16%$784,00015.9K
33VGSHVANGUARD SCOTTSDALE FDSSHORT TERM TREAS · VNG RUS1000GRW · INTER TERM TREAS · SHRT TRM CORP BD0.15%$735,00011.0K
34VIGVANGUARD SPECIALIZED FUNDSDIV APP ETF0.15%$710,0003.2K
35UALUNITED AIRLS HLDGS INCCOM0.15%$698,0006.2K
36AVGOBROADCOM INCCOM0.14%$682,0002.0K
37CVXCHEVRON CORP NEWCOM0.13%$630,0004.1K
38WMTWALMART INCCOM0.13%$596,0005.4K
39QQQINVESCO QQQ TRUNIT SER 10.12%$589,000959
40ETENERGY TRANSFER L PCOM UT LTD PTN0.12%$584,00035.5K
41VVISA INCCOM CL A0.12%$552,0001.6K
42WFCWELLS FARGO CO NEWCOM0.11%$525,0005.6K
43PLTRPALANTIR TECHNOLOGIES INCCL A0.11%$511,0002.9K
44ETRENTERGY CORP NEWCOM0.09%$442,0004.8K
45XLFSELECT SECTOR SPDR TRSTATE STREET FIN · STATE STREET CON · STATE STREET HEA · STATE STREET TEC · STATE STREET IND · STATE STREET REA · STATE STREET COM · STATE STREET UTI · STATE STREET ENE0.09%$422,0005.9K
46TMOTHERMO FISHER SCIENTIFIC INCCOM0.09%$421,000727
47WPCWP CAREY INCCOM0.09%$413,0006.4K
48EMXCISHARES INCMSCI EMRG CHN · CORE MSCI EMKT0.08%$399,0005.7K
49ISRGINTUITIVE SURGICAL INCCOM NEW0.08%$383,000677
50SOFISOFI TECHNOLOGIES INCCOM · CALL0.08%$372,00014.2K
51SMHVANECK ETF TRUSTSEMICONDUCTR ETF · RARE EARTH AND S · JP MRGAN EM LOC · MRNGSTR WDE MOAT0.07%$353,0002.5K
52SYYSYSCO CORPCOM0.07%$322,0004.4K
53FIRST TR EXCHNG TRADED FD VIFT VEST US EQT · FT VEST LADDERED0.07%$312,0007.1K
54UNPUNION PAC CORPCOM0.06%$295,0001.3K
55RTXRTX CORPORATIONCOM0.06%$290,0001.6K
56DVNDEVON ENERGY CORP NEWCOM0.06%$280,0007.7K
57ARKWARK ETF TRAUTNMUS TECHNLGY · NEXT GNRTN INTER0.06%$280,0002.3K
58AVEMAMERICAN CENTY ETF TRAVANTIS EMGMKT0.06%$278,0003.6K
59JPMJPMORGAN CHASE & CO.COM0.06%$275,000854
60SLBSLB LIMITEDCOM STK0.06%$271,0007.1K
61MUMICRON TECHNOLOGY INCCOM0.06%$263,000923
62RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT · FINL PFD ETF · S&P500 PUR GWT · RAFI US 1000 ETF0.05%$262,0008.2K
63EDCONSOLIDATED EDISON INCCOM0.05%$261,0002.6K
64TCBXTHIRD COAST BANCSHARES INCCOM0.05%$258,0006.8K
65SPYSPDR S&P 500 ETF TRTR UNIT0.05%$246,000362
66LGIHLGI HOMES INCCOM0.05%$244,0005.7K
67CATCATERPILLAR INCCOM0.05%$239,000419
68SABASABA CAPITAL INCOME & OPPORTCOM NEW0.05%$238,00028.9K
69ETNEATON CORP PLCSHS0.05%$229,000722
70PTLCPACER FDS TRTRENDP US LAR CP0.05%$226,0004.1K
71CGDVCAPITAL GROUP DIVIDEND VALUESHS CREATION UNI0.05%$222,0005.1K
72COPCONOCOPHILLIPSCOM0.05%$220,0002.4K
73UNHUNITEDHEALTH GROUP INCCOM0.04%$212,000644
74MCKMCKESSON CORPCOM0.04%$210,000257
75AXPAMERICAN EXPRESS COCOM0.04%$209,000565
76CCITIGROUP INCCOM NEW0.04%$207,0001.8K
77APPAPPLOVIN CORPCOM CL A0.04%$202,000300
78JEPIJ P MORGAN EXCHANGE TRADED FNASDAQ EQT PREM · EQUITY PREMIUM0.04%$201,0003.5K
79MCDMCDONALDS CORPCOM0.04%$196,000644
80MRKMERCK & CO INCCOM0.04%$196,0001.9K
81AMGNAMGEN INCCOM0.04%$196,000601
82JNJJOHNSON & JOHNSONCOM0.04%$194,000941
83HDHOME DEPOT INCCOM0.04%$185,000539
84ADPAUTOMATIC DATA PROCESSING INCOM0.04%$175,000681
85NFLXNETFLIX INCCOM0.04%$174,0001.9K
86SHOPSHOPIFY INCCL A SUB VTG SHS0.04%$169,0001.1K
87IBITISHARES BITCOIN TRUST ETFSHS BEN INT0.03%$163,0003.3K
88COSTCOSTCO WHSL CORP NEWCOM0.03%$156,000182
89SLVISHARES SILVER TRISHARES0.03%$156,0002.4K
90ENBENBRIDGE INCCOM0.03%$151,0003.2K
91LMTLOCKHEED MARTIN CORPCOM0.03%$131,000271
92MOALTRIA GROUP INCCOM0.03%$128,0002.2K
93KOCOCA COLA COCOM0.03%$125,0001.8K
94EOGEOG RES INCCOM0.02%$118,0001.1K
95CSCOCISCO SYS INCCOM0.02%$116,0001.5K
96BACBANK AMERICA CORPCOM0.02%$114,0002.1K
97CALAVO GROWERS INCCOM0.02%$112,0005.2K
98DISDISNEY WALT COCOM0.02%$112,000993
99LOWLOWES COS INCCOM0.02%$112,000468
100MAMASTERCARD INCORPORATEDCL A0.02%$112,000197

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$484M1,558May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$477M1,561Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$466M1,526Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$439M1,488Jul 31, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$390M1,420May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024$389M969Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$382M1,315Oct 18, 202413F-HRchanges · EDGAR ↗
Q2 2024$362M1,231Jul 26, 202413F-HRchanges · EDGAR ↗
Q1 2024$373M1,152May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$356M1,126Jan 26, 202413F-HRchanges · EDGAR ↗
Q3 2023$350M1,512Oct 20, 202313F-HRchanges · EDGAR ↗
Q2 2023$382M1,266Jul 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$367M812May 5, 202313F-HRchanges · EDGAR ↗
Q4 2022$321M561Jan 30, 202313F-HRchanges · EDGAR ↗
Q3 2022$322M560Oct 31, 202213F-HRchanges · EDGAR ↗
Q2 2022$322M558Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$348M420May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$354M427Jan 26, 202213F-HRchanges · EDGAR ↗
Q3 2021$330M411Nov 1, 202113F-HRchanges · EDGAR ↗
Q2 2021$328M399Jul 27, 202113F-HRchanges · EDGAR ↗
Q1 2021$286M358May 6, 202113F-HRchanges · EDGAR ↗
Q4 2020$318M360Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$297M305Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$287M279Jul 29, 202013F-HRchanges · EDGAR ↗
Q1 2020$234M315Apr 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$112M47Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$105M43Oct 31, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.