SEC 13F Intelligence

Managers / Q2 2024 · view latest →

WATERSHED PRIVATE WEALTH LLC

CIK 0001965271 · 1415 W. 22ND ST, SUITE 550, OAK BROOK, IL, 60523 · 630-478-0195

Reported Value
$235M
Q2 2024
Positions
118
Filings on Record
14
2019–present window
Filed
Jul 30, 2024
original filing

Summary

Watershed Private Wealth LLC reported $235M in U.S.-listed holdings across 118 positions for Q2 2024.

Its largest position, Ishares Tr, represents 18.1% of the portfolio.

Compared with Q1 2024, the fund opened 4 new positions and exited 9.

Portfolio Metrics

Turnover
+5.9%
vs prior filed quarter
Top-10 Concentration
+52.8%
share of reported value
Largest Position
+18.1%
Ishares Tr
New / Exited
4 / 9
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
Q4 ’22: $132MQ4 ’22Q1 ’23: $148MQ2 ’23: $165MQ2 ’23Q3 ’23: $162MQ4 ’23: $181MQ4 ’23Q1 ’24: $226MQ2 ’24: $235MQ2 ’24Q3 ’24: $251MQ4 ’24: $256MQ4 ’24Q1 ’25: $250MQ2 ’25: $275MQ2 ’25Q3 ’25: $316MQ4 ’25: $333MQ4 ’25Q1 ’26: $321Mfilingsflow.com

Portfolio Composition

By security type
ETP: 83.9%Common Stock: 15.6%Other: 0.2%ADR: 0.2%Closed-End Fund: 0.0%
  • ETP · 83.9% · $197M
  • Common Stock · 15.6% · $37M
  • Other · 0.2% · $557,284
  • ADR · 0.2% · $474,819
  • Closed-End Fund · 0.0% · $76,045

Quarter-over-Quarter Changes full breakdown →

vs Q1 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZTSZOETIS INCNEW+1.7K1.7K+$302,340$302,340
NOWSERVICENOW INCNEW+378378+$297,361$297,361
PANWPALO ALTO NETWORKS INCNEW+862862+$292,227$292,227
COSTCOSTCO WHSL CORP NEWNEW+262262+$222,354$222,354
CMGCHIPOTLE MEXICAN GRILL INCADDED+6.7K6.8K+$155,690$426,020
NVDANVIDIA CORPORATIONADDED+56.3K62.7K+$2M$8M
VANGUARD SCOTTSDALE FDSSOLD OUT−7.6K0−$612,037$0
VANGUARD INDEX FDSSOLD OUT−4.2K0−$365,551$0

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

Holdings — Q2 2024

25 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE S&P500 ETF · CORE US AGGBD ET · MSCI USA QLT FCT · EAFE GRWTH ETF · NATIONAL MUN ETF · EAFE VALUE ETF · HDG MSCI EAFE · MBS ETF · 20 YR TR BD ETF · US INFRASTRUC · CORE S&P MCP ETF · S&P 100 ETF · RUS 1000 GRW ETF · S&P 500 GRWT ETF · S&P 500 VAL ETF · CORE S&P SCP ETF41.93%$99M685.7K
2VUGVANGUARD INDEX FDSGROWTH ETF · VALUE ETF · LARGE CAP ETF · TOTAL STK MKT · MID CAP ETF11.56%$27M103.9K
3BLACKROCK ETF TRUSTUS EQT FACTOR3.94%$9M197.3K
4NVDANVIDIA CORPORATIONhistory →COM3.30%$8M62.7K
5NDQINVESCO QQQ TRhistory →UNIT SER 13.29%$8M16.2K
6DFIVDIMENSIONAL ETF TRUSTUS TARGETED VLU · INTERNATNAL VAL2.77%$7M136.2K
7SCHWAB STRATEGIC TRUS LCAP GR ETF · US LCAP VA ETF · INTL EQTY ETF · EMRG MKTEQ ETF2.39%$6M109.5K
8VANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF1.81%$4M97.0K
9COLUMBIA ETF TR IIEM CORE EX ETF1.70%$4M125.4K
10SPDR INDEX SHS FDSPORTFOLIO DEVLPD · PORTFOLIO EMG MK1.51%$4M98.6K
11AAPLAPPLE INChistory →COM1.49%$3M16.6K
12MSFTMICROSOFT CORPhistory →COM1.38%$3M7.3K
13VANGUARD MUN BD FDSTAX EXEMPT BD1.35%$3M63.2K
14VANGUARD TAX-MANAGED FDSVAN FTSE DEV MKT1.22%$3M57.8K
15SPDR S&P 500 ETF TRTR UNIT1.20%$3M5.2K
16AMZNAMAZON COM INChistory →COM1.19%$3M14.5K
17SPDR SER TRPORTFOLIO S&P500 · PORTFOLIO S&P4001.19%$3M48.9K
18CATCATERPILLAR INCCOM0.86%$2M6.0K
19VVISA INCCOM CL A0.61%$1M5.5K
20TSLATESLA INCCOM0.59%$1M7.0K
21BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.57%$1M3.3K
22GOOGALPHABET INCCAP STK CL C0.56%$1M7.1K
23ISHARES INCCORE MSCI EMKT0.55%$1M24.2K
24BLACKROCK ETF TRUST IIFLEXIBLE INCOME0.42%$993,04919.0K
25CRMSALESFORCE INCCOM0.38%$889,8233.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$321M111Apr 17, 202613F-HRchanges · EDGAR ↗
Q4 2025$333M115Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$316M112Oct 21, 202513F-HRchanges · EDGAR ↗
Q2 2025$275M105Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$250M111Apr 10, 202513F-HRchanges · EDGAR ↗
Q4 2024$256M112Jan 22, 202513F-HRchanges · EDGAR ↗
Q3 2024$251M113Oct 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$235M118Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$226M123May 7, 202413F-HRchanges · EDGAR ↗
Q4 2023$181M107Feb 7, 202413F-HRchanges · EDGAR ↗
Q3 2023$162M95Oct 19, 202313F-HRchanges · EDGAR ↗
Q2 2023$165M89Jul 13, 202313F-HRchanges · EDGAR ↗
Q1 2023$148M80May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$132M78Feb 10, 202313F-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 ↗.