SEC 13F Intelligence

Managers / Q3 2023 · view latest →

FSA Wealth Management LLC

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

Reported Value
$179M
Q3 2023
Positions
49
Filings on Record
23
2019–present window
Filed
Nov 15, 2023
original filing

Summary

Fsa Wealth Management LLC reported $179M in U.S.-listed holdings across 49 positions for Q3 2023.

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

Compared with Q2 2023, the fund opened 3 new positions and exited 2.

Portfolio Metrics

Turnover
+1.1%
vs prior filed quarter
Top-10 Concentration
+95.1%
share of reported value
Largest Position
+69.9%
Ishares Tr
New / Exited
3 / 2
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: 90.4%Common Stock: 9.4%MLP: 0.1%Closed-End Fund: 0.0%
  • ETP · 90.4% · $162M
  • Common Stock · 9.4% · $17M
  • MLP · 0.1% · $206,959
  • Closed-End Fund · 0.0% · $63,720

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+2.3K2.3K+$237,175$237,175
EPDENTERPRISE PRODS PARTNERS LNEW+7.6K7.6K+$206,959$206,959
MPCMARATHON PETE CORPNEW+1.3K1.3K+$203,855$203,855
SPDR INDEX SHS FDSSOLD OUT−6.8K0−$219,850$0
ISHARES TRSOLD OUT−1.1K0−$203,786$0
VUGVANGUARD INDEX FDSADDED+6381.4K+$165,741$381,913
VANGUARD INDEX FDSADDED+1.0K2.5K+$121,962$322,018
ISHARES TRADDED+3821.1K+$152,517$468,069

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

Holdings — Q3 2023

35 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 · CORE S&P500 ETF · SELECT DIVID ETF · NATIONAL MUN ETF69.94%$125M835.0K
2VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT11.46%$20M468.4K
3VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF3.88%$7M177.0K
4SPDR SER TRS&P DIVID ETF · PORTFOLI S&P15002.28%$4M47.9K
5TSLATESLA INChistory →COM2.00%$4M14.3K
6AAPLAPPLE INChistory →COM1.96%$4M20.5K
7VTVVANGUARD INDEX FDSVALUE ETF · TOTAL STK MKT · GROWTH ETF · MCAP VL IDXVIP1.40%$3M14.6K
8VANGUARD BD INDEX FDSTOTAL BND MRKT0.84%$1M21.4K
9MSFTMICROSOFT CORPCOM0.76%$1M4.3K
10INTUINTUITCOM0.62%$1M2.2K
11CWSTCASELLA WASTE SYS INCCL A0.61%$1M14.3K
12GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.56%$993,7707.6K
13EXMOCEXXON MOBIL CORPCOM0.50%$886,3057.5K
14SPDR S&P 500 ETF TRTR UNIT0.31%$548,6001.3K
15PGPROCTER AND GAMBLE COCOM0.29%$523,5403.6K
16JPMJPMORGAN CHASE & COCOM0.24%$432,7823.0K
17KOCOCA COLA COCOM0.23%$419,3367.5K
18NDQINVESCO QQQ TRUNIT SER 10.17%$300,506839
19BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.16%$286,545818
20AMZNAMAZON COM INCCOM0.14%$258,5622.0K
21COSTCOSTCO WHSL CORP NEWCOM0.14%$250,850444
22JNJJOHNSON & JOHNSONCOM0.14%$249,9161.6K
23VANGUARD WORLD FDSFINANCIALS ETF0.14%$249,8763.1K
24UNPUNION PAC CORPCOM0.14%$243,4671.2K
25LMTLOCKHEED MARTIN CORPCOM0.13%$227,400556
26VVISA INCCOM CL A0.12%$220,217957
27FITBFIFTH THIRD BANCORPCOM0.12%$215,4828.5K
28PEPPEPSICO INCCOM0.12%$210,6711.2K
29EPDENTERPRISE PRODS PARTNERS LCOM0.12%$206,9597.6K
30PNCPNC FINL SVCS GROUP INCCOM0.12%$206,3761.7K
31NVDANVIDIA CORPORATIONCOM0.11%$205,316472
32MPCMARATHON PETE CORPCOM0.11%$203,8551.3K
33TAT&T INCCOM0.09%$163,49710.9K
34RCSPIMCO STRATEGIC INCOME FDCOM0.04%$63,72012.0K
35QSIQUANTUM SI INCCOM CL A0.01%$18,50911.2K

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 ↗.