Managers / Q1 2024 · view latest →
CHANNEL WEALTH LLC
CIK 0001975550 · 3760 STATE STREET #201, SANTA BARBARA, CA, 93105 · 805-898-0893
Summary
Channel Wealth LLC reported $249M in U.S.-listed holdings across 178 positions for Q1 2024.
Its largest position, Angel Oak Funds, represents 5.7% of the portfolio.
Compared with Q4 2023, the fund opened 20 new positions and exited 15.
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. 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
- Common Stock · 44.0% · $109M
- ETP · 43.0% · $107M
- ADR · 5.4% · $13M
- Other · 5.1% · $13M
- REIT · 1.5% · $4M
- Other · 0.9% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| EVEREST GROUP LTD | NEW | +6.4K | 6.4K | +$3M | $3M |
| BURFORD CAP LTD | NEW | +82.6K | 82.6K | +$1M | $1M |
| CCOCAMECO CORP | NEW | +29.0K | 29.0K | +$1M | $1M |
| PIMCO ETF TR | NEW | +10.4K | 10.4K | +$1M | $1M |
| ISHARES TR | NEW | +5.1K | 5.1K | +$592,021 | $592,021 |
| FIRST TR EXCH TRADED FD III | NEW | +9.2K | 9.2K | +$459,064 | $459,064 |
| ISHARES TR | NEW | +8.8K | 8.8K | +$453,358 | $453,358 |
| GBTCGRAYSCALE BITCOIN TR BTC | NEW | +6.2K | 6.2K | +$388,496 | $388,496 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ANGEL OAK FUNDS TRUST | INCOME ETF | 5.69% | $14M | 689.0K |
| 2 | AAPLAPPLE INChistory → | COM | 4.06% | $10M | 58.9K |
| 3 | MSFTMICROSOFT CORPhistory → | COM | 3.23% | $8M | 19.1K |
| 4 | SPDR SER TR | BLOOMBERG 1-3 MO · PORTFOLIO SHORT | 3.11% | $8M | 142.0K |
| 5 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 3.03% | $8M | 130.1K |
| 6 | ISHARES TR | EAFE GRWTH ETF · PFD AND INCM SEC · 20 YR TR BD ETF | 2.86% | $7M | 123.4K |
| 7 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 2.82% | $7M | 46.2K |
| 8 | GOLDMAN SACHS ETF TR | ACCESS INVT GR | 2.63% | $7M | 143.0K |
| 9 | INVESCO ACTIVELY MANAGED ETF | TOTAL RETURN | 2.49% | $6M | 132.2K |
| 10 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 2.47% | $6M | 13.8K |
| 11 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 2.38% | $6M | 14.1K |
| 12 | INVESCO EXCH TRD SLF IDX FD | RUSL 1000 DYNM | 2.30% | $6M | 103.8K |
| 13 | NVDANVIDIA CORPORATIONhistory → | COM | 2.14% | $5M | 5.9K |
| 14 | NVONOVO-NORDISK A Shistory → | ADR | 1.80% | $4M | 34.8K |
| 15 | APPFAPPFOLIO INChistory → | COM CL A | 1.77% | $4M | 17.9K |
| 16 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 1.76% | $4M | 54.2K |
| 17 | AZNNASTRAZENECA PLChistory → | SPONSORED ADR | 1.73% | $4M | 63.6K |
| 18 | LLYELI LILLY & COhistory → | COM | 1.72% | $4M | 5.5K |
| 19 | PACER FDS TR | DEVELOPED MRKT | 1.64% | $4M | 127.5K |
| 20 | UNHUNITEDHEALTH GROUP INChistory → | COM | 1.54% | $4M | 7.7K |
| 21 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 1.48% | $4M | 20.1K |
| 22 | JPMJPMORGAN CHASE & COhistory → | COM | 1.46% | $4M | 18.1K |
| 23 | ASML HOLDING N V | N Y REGISTRY SHS | 1.44% | $4M | 3.7K |
| 24 | KOCOCA COLA COhistory → | COM | 1.40% | $3M | 56.9K |
| 25 | ISHARES INC | MSCI BRAZIL ETF · CORE MSCI EMKT | 1.39% | $3M | 89.3K |
| 26 | ZTSZOETIS INChistory → | CL A | 1.30% | $3M | 19.1K |
| 27 | MCKMCKESSON CORPhistory → | COM | 1.28% | $3M | 5.9K |
| 28 | HDBHDFC BANK LTDhistory → | SPONSORED ADS | 1.18% | $3M | 52.6K |
| 29 | XLESELECT SECTOR SPDR TRhistory → | ENERGY | 1.14% | $3M | 30.1K |
| 30 | 8CWCROWN CASTLE INChistory → | COM | 1.12% | $3M | 26.2K |
| 31 | PGPROCTER AND GAMBLE COhistory → | COM | 1.10% | $3M | 16.8K |
| 32 | ABBVABBVIE INChistory → | COM | 1.09% | $3M | 14.9K |
| 33 | MLB1MERCADOLIBRE INChistory → | COM | 1.09% | $3M | 1.8K |
| 34 | EVEREST GROUP LTD | COM | 1.03% | $3M | 6.4K |
| 35 | AMZNAMAZON COM INChistory → | COM | 1.02% | $3M | 14.1K |
| 36 | COSTCOSTCO WHSL CORP NEW | COM | 0.98% | $2M | 3.3K |
| 37 | AMGNAMGEN INC | COM | 0.91% | $2M | 7.9K |
| 38 | LINDE PLC | SHS | 0.88% | $2M | 4.7K |
| 39 | VVISA INC | COM CL A | 0.75% | $2M | 6.7K |
| 40 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 0.73% | $2M | 3.8K |
| 41 | NU HLDGS LTD | ORD SHS CL A | 0.72% | $2M | 150.6K |
| 42 | PROSHARES TR | S&P 500 DV ARIST | 0.65% | $2M | 16.1K |
| 43 | ALBALBEMARLE CORP | COM | 0.60% | $2M | 11.4K |
| 44 | NKENIKE INC | CL B | 0.59% | $1M | 15.6K |
| 45 | EQNREQUINOR ASA | SPONSORED ADR | 0.58% | $1M | 53.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $413M | 175 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $395M | 172 | Feb 3, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $374M | 174 | Oct 7, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $354M | 179 | Jul 9, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $322M | 167 | Apr 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $307M | 160 | Jan 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $304M | 164 | Oct 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $276M | 164 | Aug 5, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $249M | 178 | Apr 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $212M | 173 | Jan 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $179M | 177 | Oct 24, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $174M | 184 | Jul 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $155M | 202 | Apr 27, 2023 | 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 ↗.