SEC 13F Intelligence

Managers / Q2 2023 · view latest →

Palumbo Wealth Management LLC

CIK 0001846310 · 1010 NORTHERN BOULEVARD, SUITE 310, GREAT NECK, NY, 11021 · (516) 629-7536

Reported Value
$163M
Q2 2023
Positions
105
Filings on Record
22
2019–present window
Filed
Jul 26, 2023
original filing

Summary

Palumbo Wealth Management LLC reported $163M in U.S.-listed holdings across 105 positions for Q2 2023.

Its largest position, Ishares Tr, represents 10.6% of the portfolio.

Compared with Q1 2023, the fund opened 19 new positions and exited 6.

Portfolio Metrics

Turnover
+9.0%
vs prior filed quarter
Top-10 Concentration
+57.4%
share of reported value
Largest Position
+10.6%
Ishares Tr
New / Exited
19 / 6
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. 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
Q1 ’21: $133MQ1 ’21Q2 ’21: $149MQ3 ’21: $152MQ4 ’21: $160MQ4 ’21Q1 ’22: $156MQ2 ’22: $126MQ3 ’22: $118MQ3 ’22Q4 ’22: $126MQ1 ’23: $150MQ2 ’23: $163MQ2 ’23Q3 ’23: $182MQ4 ’23: $196MQ1 ’24: $223MQ1 ’24Q2 ’24: $237MQ3 ’24: $257MQ4 ’24: $268MQ4 ’24Q1 ’25: $299MQ2 ’25: $323MQ3 ’25: $313MQ3 ’25Q4 ’25: $405MQ1 ’26: $410Mfilingsflow.com

Portfolio Composition

By security type
ETP: 59.6%Common Stock: 35.5%Closed-End Fund: 2.9%Other: 1.5%REIT: 0.4%
  • ETP · 59.6% · $98M
  • Common Stock · 35.5% · $58M
  • Closed-End Fund · 2.9% · $5M
  • Other · 1.5% · $3M
  • REIT · 0.4% · $728,519

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SJMSMUCKER J M CONEW+6.8K6.8K+$1M$1M
JNJJOHNSON & JOHNSONNEW+5.8K5.8K+$967,538$967,538
UNHUNITEDHEALTH GROUP INCNEW+2.0K2.0K+$940,762$940,762
ITWILLINOIS TOOL WKS INCNEW+3.4K3.4K+$862,290$862,290
TMOTHERMO FISHER SCIENTIFIC INCNEW+1.6K1.6K+$841,143$841,143
TSCOTRACTOR SUPPLY CONEW+3.8K3.8K+$838,252$838,252
SHWSHERWIN WILLIAMS CONEW+2.8K2.8K+$730,755$730,755
DGXQUEST DIAGNOSTICS INCNEW+5.2K5.2K+$730,497$730,497

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

Holdings — Q2 2023

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TR20 YR TR BD ETF · 7-10 YR TRSY BD · TIPS BD ETF · MSCI EAFE ETF · CORE S&P SCP ETF · MSCI EMG MKT ETF25.01%$41M426.6K
2SPDR S&P 500 ETF TRTR UNIT6.97%$11M25.7K
3DBCINVESCO DB COMMDY INDX TRCKhistory →UNIT6.16%$10M443.6K
4GQ9SPDR GOLD TRhistory →GOLD SHS6.02%$10M55.2K
5AAPLAPPLE INChistory →COM5.30%$9M44.7K
6MSTBETF SER SOLUTIONShistory →LHA MKT ST TACTL5.01%$8M300.5K
7SPROTT PHYSICAL GOLD TRUNIT2.88%$5M315.5K
8MSFTMICROSOFT CORPhistory →COM2.70%$4M13.0K
9NDQINVESCO QQQ TRhistory →UNIT SER 12.35%$4M10.4K
10AMZNAMAZON COM INChistory →COM1.78%$3M22.4K
11VANGUARD SCOTTSDALE FDSINTER TERM TREAS · LONG TERM TREAS1.26%$2M34.1K
12SPDR SER TRS&P HOMEBUILD1.22%$2M24.9K
13BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.22%$2M5.9K
14JPMJPMORGAN CHASE & COhistory →COM1.17%$2M13.1K
15WMWASTE MGMT INC DELhistory →COM1.15%$2M10.8K
16GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.14%$2M15.5K
17PIMCO ETF TRENHAN SHRT MA AC1.04%$2M17.1K
18COSTCOSTCO WHSL CORP NEWCOM0.94%$2M2.9K
19PGPROCTER AND GAMBLE COCOM0.90%$1M9.7K
20MCDMCDONALDS CORPCOM0.89%$1M4.9K
21INVESCO ACTVELY MNGD ETC FDOPTIMUM YIELD0.82%$1M98.3K
22SELECT SECTOR SPDR TRSBI HEALTHCARE0.80%$1M9.9K
23ACCENTURE PLC IRELANDSHS CLASS A0.79%$1M4.2K
24KOCOCA COLA COCOM0.75%$1M20.4K
25NVDANVIDIA CORPORATIONCOM0.73%$1M2.8K
26VVISA INCCOM CL A0.67%$1M4.6K
27VIRTUS ETF TR IIVIRTUS US QLTY0.66%$1M37.5K
28SJMSMUCKER J M COCOM NEW0.61%$1M6.8K
29JNJJOHNSON & JOHNSONCOM0.59%$967,5385.8K
30SPGIS&P GLOBAL INCCOM0.58%$942,2882.4K
31UNHUNITEDHEALTH GROUP INCCOM0.58%$940,7622.0K
32DISDISNEY WALT COCOM0.57%$934,43510.5K
33ITWILLINOIS TOOL WKS INCCOM0.53%$862,2903.4K
34TMOTHERMO FISHER SCIENTIFIC INCCOM0.51%$841,1431.6K
35TSCOTRACTOR SUPPLY COCOM0.51%$838,2523.8K
36UPSUNITED PARCEL SERVICE INCCL B0.50%$820,5214.6K
37SHWSHERWIN WILLIAMS COCOM0.45%$730,7552.8K
38DGXQUEST DIAGNOSTICS INCCOM0.45%$730,4975.2K
39DYHTARGET CORPCOM0.44%$723,0335.5K
40IBMINTERNATIONAL BUSINESS MACHSCOM0.42%$687,3085.1K
41BACBANK AMERICA CORPCOM0.42%$685,59123.9K
42FDSFACTSET RESH SYS INCCOM0.41%$677,5161.7K
43CATCATERPILLAR INCCOM0.40%$650,1882.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$410M221May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$405M218Jan 21, 202613F-HRchanges · EDGAR ↗
Q3 2025$313M179Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$323M197Jul 15, 202513F-HRchanges · EDGAR ↗
Q1 2025$299M187Apr 22, 202513F-HRchanges · EDGAR ↗
Q4 2024$268M175Jan 30, 202513F-HRchanges · EDGAR ↗
Q3 2024$257M160Oct 28, 202413F-HRchanges · EDGAR ↗
Q2 2024$237M151Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$223M140Apr 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$196M123Jan 22, 202413F-HRchanges · EDGAR ↗
Q3 2023$182M116Oct 16, 202313F-HRchanges · EDGAR ↗
Q2 2023$163M105Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$150M92May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$126M82Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$118M78Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$126M81Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$156M86May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$160M89Feb 16, 202213F-HRchanges · EDGAR ↗
Q3 2021$152M96Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$149M96Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$133M98May 17, 202113F-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 ↗.