Managers / Q1 2025 · view latest →
Kellett Wealth Advisors, LLC
CIK 0001910381 · 8944 BLUE ASH ROAD, CINCINNATI, OH, 45242 · 513-554-1472
Summary
Kellett Wealth Advisors, LLC reported $144M in U.S.-listed holdings across 73 positions for Q1 2025.
The portfolio is heavily concentrated: USEP alone accounts for 25.5% of reported value.
Compared with Q4 2024, the fund opened 6 new positions and exited 5.
Portfolio Metrics
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
Portfolio Composition
- ETP · 76.9% · $111M
- Common Stock · 22.9% · $33M
- Closed-End Fund · 0.2% · $218,058
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MCKMCKESSON CORP | NEW | +2.3K | 2.3K | +$2M | $2M |
| QQQMINVESCO EXCH TRADED FD TR II | NEW | +1.6K | 1.6K | +$318,483 | $318,483 |
| IBMINTERNATIONAL BUSINESS MACHS | NEW | +1.1K | 1.1K | +$270,542 | $270,542 |
| WMWASTE MGMT INC DEL | NEW | +1.0K | 1.0K | +$231,973 | $231,973 |
| LLYELI LILLY & CO | NEW | +259 | 259 | +$213,911 | $213,911 |
| SOFISOFI TECHNOLOGIES INC | NEW | +10.0K | 10.0K | +$116,300 | $116,300 |
| METAMETA PLATFORMS INC | SOLD OUT | −703 | 0 | −$411,614 | $0 |
| IYFISHARES TR | SOLD OUT | −2.8K | 0 | −$314,932 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | USEPINNOVATOR ETFS TRUST | US EQTY ULTRA B · US EQT ULTRA BF · QUITY MANAGD FLR | 25.46% | $37M | 1.08M |
| 2 | SPYSPDR S&P 500 ETF TRhistory → | TR UNIT | 21.46% | $31M | 55.4K |
| 3 | PGPROCTER AND GAMBLE COhistory → | COM | 6.67% | $10M | 56.5K |
| 4 | QQQINVESCO QQQ TRhistory → | UNIT SER 1 | 4.88% | $7M | 15.0K |
| 5 | IMCGISHARES TR | MRGSTR MD CP GRW · CORE S&P SCP ETF · MSCI USA QLT FCT · CORE DIVID ETF · RUS 1000 GRW ETF | 4.72% | $7M | 84.1K |
| 6 | XMMOINVESCO EXCHANGE TRADED FD T | S&P MDCP MOMNTUM · S&P SMCP VLU MNT · S&P500 EQL WGT | 4.32% | $6M | 80.7K |
| 7 | VIGVANGUARD SPECIALIZED FUNDShistory → | DIV APP ETF | 3.56% | $5M | 26.5K |
| 8 | SCHDSCHWAB STRATEGIC TRhistory → | US DIVIDEND EQ | 3.53% | $5M | 182.2K |
| 9 | COWZPACER FDS TR | US SMALL CAP CAS · US CASH COWS 100 | 2.93% | $4M | 110.2K |
| 10 | IPKWINVESCO EXCH TRADED FD TR II | INTL BUYBACK · NASDAQ 100 ETF | 2.66% | $4M | 78.7K |
| 11 | AAPLAPPLE INChistory → | COM | 2.09% | $3M | 13.6K |
| 12 | MSFTMICROSOFT CORPhistory → | COM | 1.85% | $3M | 7.1K |
| 13 | VOVANGUARD INDEX FDS | MID CAP ETF · TOTAL STK MKT · S&P 500 ETF SHS | 1.25% | $2M | 6.2K |
| 14 | AMZNAMAZON COM INChistory → | COM | 1.21% | $2M | 9.2K |
| 15 | MCKMCKESSON CORPhistory → | COM | 1.09% | $2M | 2.3K |
| 16 | VGTVANGUARD WORLD FD | INF TECH ETF · UTILITIES ETF · HEALTH CAR ETF | 1.04% | $1M | 4.3K |
| 17 | DUKDUKE ENERGY CORP NEW | COM NEW | 0.80% | $1M | 9.5K |
| 18 | NVDANVIDIA CORPORATION | COM | 0.69% | $999,053 | 9.2K |
| 19 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 0.67% | $965,874 | 6.2K |
| 20 | UNHUNITEDHEALTH GROUP INC | COM | 0.60% | $870,996 | 1.7K |
| 21 | ABBVABBVIE INC | COM | 0.57% | $824,461 | 3.9K |
| 22 | EXMOCEXXON MOBIL CORP | COM | 0.54% | $781,252 | 6.6K |
| 23 | AVGOBROADCOM INC | COM | 0.47% | $680,770 | 4.1K |
| 24 | CTASCINTAS CORP | COM | 0.45% | $644,465 | 3.1K |
| 25 | NOBLPROSHARES TR | S&P 500 DV ARIST | 0.37% | $534,912 | 5.2K |
| 26 | ENBENBRIDGE INC | COM | 0.34% | $489,448 | 11.0K |
| 27 | TAT&T INC | COM | 0.33% | $479,398 | 17.0K |
| 28 | TSLATESLA INC | COM | 0.32% | $461,305 | 1.8K |
| 29 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW | 0.31% | $444,704 | 835 |
| 30 | VVISA INC | COM CL A | 0.31% | $441,347 | 1.3K |
| 31 | JPMJPMORGAN CHASE & CO. | COM | 0.28% | $401,311 | 1.6K |
| 32 | DIASPDR DOW JONES INDL AVERAGE | UT SER 1 | 0.28% | $399,151 | 951 |
| 33 | WMTWALMART INC | COM | 0.26% | $380,016 | 4.3K |
| 34 | XLKSELECT SECTOR SPDR TR | TECHNOLOGY | 0.25% | $367,422 | 1.8K |
| 35 | SPROTT PHYSICAL GOLD & SILVE | TR UNIT | 0.25% | $360,864 | 12.7K |
| 36 | USBUS BANCORP DEL | COM NEW | 0.24% | $350,784 | 8.3K |
| 37 | AFGAMERICAN FINL GROUP INC OHIO | COM | 0.24% | $345,623 | 2.6K |
| 38 | GLDSPDR GOLD TR | GOLD SHS | 0.23% | $334,242 | 1.2K |
| 39 | KOCOCA COLA CO | COM | 0.22% | $311,647 | 4.4K |
| 40 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.21% | $302,236 | 3.6K |
| 41 | JNJJOHNSON & JOHNSON | COM | 0.20% | $294,586 | 1.8K |
| 42 | ELVELEVANCE HEALTH INC | COM | 0.19% | $279,679 | 643 |
| 43 | IBMINTERNATIONAL BUSINESS MACHS | COM | 0.19% | $270,542 | 1.1K |
| 44 | BXBLACKSTONE INC | COM | 0.17% | $243,934 | 1.7K |
| 45 | HDHOME DEPOT INC | COM | 0.17% | $242,983 | 663 |
| 46 | PEPPEPSICO INC | COM | 0.16% | $234,857 | 1.6K |
| 47 | WMWASTE MGMT INC DEL | COM | 0.16% | $231,973 | 1.0K |
| 48 | MRKMERCK & CO INC | COM | 0.15% | $223,502 | 2.5K |
| 49 | CSQCALAMOS STRATEGIC TOTAL RETU | COM SH BEN INT | 0.15% | $218,058 | 13.5K |
| 50 | CSCOCISCO SYS INC | COM | 0.15% | $215,121 | 3.5K |
| 51 | LLYELI LILLY & CO | COM | 0.15% | $213,911 | 259 |
| 52 | RGTIRIGETTI COMPUTING INC | COMMON STOCK | 0.08% | $122,229 | 15.4K |
| 53 | SOFISOFI TECHNOLOGIES INC | COM | 0.08% | $116,300 | 10.0K |
| 54 | VUZIVUZIX CORP | COM NEW | 0.01% | $21,420 | 10.5K |
| 55 | KULRKULR TECHNOLOGY GROUP INC | COM | 0.01% | $15,840 | 12.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $184M | 79 | May 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $175M | 79 | Jan 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $166M | 76 | Oct 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $153M | 71 | Jul 25, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $144M | 73 | Apr 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $145M | 72 | Feb 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $140M | 70 | Oct 21, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $124M | 69 | Aug 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $144M | 85 | Apr 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $134M | 80 | Jan 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $117M | 62 | Nov 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $110M | 58 | Aug 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $104M | 55 | May 5, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $103M | 54 | Feb 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $82M | 52 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $77M | 57 | Aug 8, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $127M | 65 | Apr 25, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $131M | 71 | Feb 10, 2022 | 13F-HR | changes · 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 ↗.