SEC 13F Intelligence

Managers / Q1 2023 · view latest →

FSA Wealth Management LLC

CIK 0001804256 · 144 GOULD STREET, SUITE 120, NEEDHAM, MA, 02494 · 7814551020

Reported Value
$172M
Q1 2023
Positions
44
Filings on Record
23
2019–present window
Filed
Apr 21, 2023
original filing

Summary

Fsa Wealth Management LLC reported $172M in U.S.-listed holdings across 44 positions for Q1 2023.

The portfolio is heavily concentrated: Ishares Tr alone accounts for 69.9% of reported value.

Compared with Q4 2022, the fund opened 5 new positions and exited 12.

Portfolio Metrics

Turnover
+7.4%
vs prior filed quarter
Top-10 Concentration
+95.5%
share of reported value
Largest Position
+69.9%
Ishares Tr
New / Exited
5 / 12
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
Q4 ’19: $142MQ4 ’19Q1 ’20: $119MQ2 ’20: $147MQ3 ’20: $156MQ3 ’20Q4 ’20: $200MQ1 ’21: $149MQ2 ’21: $159MQ2 ’21Q3 ’21: $161MQ4 ’21: $172MQ1 ’22: $172MQ1 ’22Q2 ’22: $36MQ3 ’22: $143MQ4 ’22: $172MQ4 ’22Q1 ’23: $172MQ2 ’23: $185MQ3 ’23: $179MQ3 ’23Q3 ’24: $250MQ4 ’24: $246MQ1 ’25: $236MQ1 ’25Q2 ’25: $256MQ3 ’25: $273Mfilingsflow.com

Portfolio Composition

By security type
ETP: 90.9%Common Stock: 9.1%
  • ETP · 90.9% · $157M
  • Common Stock · 9.1% · $16M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CORPORATIONNEW+927927+$257,493$257,493
BRK/BBERKSHIRE HATHAWAY INC DELNEW+754754+$232,813$232,813
NDQINVESCO QQQ TRNEW+701701+$225,017$225,017
AMZNAMAZON COM INCNEW+2.0K2.0K+$207,819$207,819
VVISA INCNEW+898898+$202,473$202,473
UNITED STATES TREASURY BILLS BILLSOLD OUT−9.9K0−$10M$0
SPDR SPDR NUVEEN BLOOMBERG MUNICSOLD OUT−11.9K0−$541,952$0
VUGVANGUARD GROWTH ETFSOLD OUT−1.8K0−$390,119$0

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

Holdings — Q1 2023

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRRUS 1000 GRW ETF · RUS 1000 VAL ETF · RUS MD CP GR ETF · RUS MDCP VAL ETF · RUS 2000 GRW ETF · RUS 2000 VAL ETF · CORE MSCI TOTAL · SELECT DIVID ETF · CORE S&P500 ETF69.95%$121M822.7K
2VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT12.09%$21M461.1K
3VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF3.97%$7M169.2K
4SPDR SER TRS&P DIVID ETF · PORTFOLI S&P15002.63%$5M50.1K
5AAPLAPPLE INChistory →COM1.98%$3M20.7K
6TSLATESLA INChistory →COM1.72%$3M14.3K
7VANGUARD BD INDEX FDSTOTAL BND MRKT0.91%$2M21.1K
8VTVVANGUARD INDEX FDSTOTAL STK MKT · VALUE ETF0.86%$1M8.9K
9MSFTMICROSOFT CORPCOM0.73%$1M4.4K
10CWSTCASELLA WASTE SYS INCCL A0.69%$1M14.3K
11INTUINTUITCOM0.57%$973,6932.2K
12EXMOCEXXON MOBIL CORPCOM0.45%$783,5437.1K
13GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.44%$756,3267.3K
14PGPROCTER AND GAMBLE COCOM0.30%$524,0473.5K
15KOCOCA COLA COCOM0.27%$458,9717.4K
16JPMJPMORGAN CHASE & COCOM0.22%$370,7932.8K
17SPDR S&P 500 ETF TRTR UNIT0.21%$354,347866
18JNJJOHNSON & JOHNSONCOM0.16%$281,9951.8K
19SPDR INDEX SHS FDSPORTFOLIO DEVLPD0.15%$264,2498.2K
20NVDANVIDIA CORPORATIONCOM0.15%$257,493927
21LMTLOCKHEED MARTIN CORPCOM0.15%$251,492532
22FITBFIFTH THIRD BANCORPCOM0.14%$249,4049.4K
23UNPUNION PAC CORPCOM0.14%$240,5231.2K
24BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.14%$232,813754
25PEPPEPSICO INCCOM0.13%$226,6601.2K
26NDQINVESCO QQQ TRUNIT SER 10.13%$225,017701
27PNCPNC FINL SVCS GROUP INCCOM0.13%$221,7891.7K
28TAT&T INCCOM0.13%$218,78411.4K
29AMZNAMAZON COM INCCOM0.12%$207,8192.0K
30VVISA INCCOM CL A0.12%$202,473898
31USBUS BANCORP DELCOM NEW0.12%$201,4835.6K
32RTXRAYTHEON TECHNOLOGIES CORPCOM0.12%$200,9822.1K
33QSIQUANTUM SI INCCOM CL A0.01%$19,62411.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2025$273M581Nov 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$256M552Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$236M512May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$246M571Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$250M564Nov 14, 202413F-HRchanges · EDGAR ↗
Q1 2024Under review628May 16, 202413F-HRchanges · EDGAR ↗
Q4 2023Under review614Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$179M49Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$185M48Jul 31, 202313F-HRchanges · EDGAR ↗
Q1 2023$172M44Apr 21, 202313F-HRchanges · EDGAR ↗
Q4 2022$172M51Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$143M48Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$36M95Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$172M47May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$172M47Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$161M43Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$159M42Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$149M44May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$200M273Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$156M52Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$147M406Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$119M400May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$142M476Feb 21, 202013F-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 ↗.