SEC 13F Intelligence

Managers / Q1 2025 · view latest →

CHANNEL WEALTH LLC

CIK 0001975550 · 3760 STATE STREET #201, SANTA BARBARA, CA, 93105 · 805-898-0893

Reported Value
$322M
Q1 2025
Positions
167
Filings on Record
13
2019–present window
Filed
Apr 10, 2025
original filing

Summary

Channel Wealth LLC reported $322M in U.S.-listed holdings across 167 positions for Q1 2025.

Its largest position, Angel Oak Funds, represents 7.8% of the portfolio.

Compared with Q4 2024, the fund opened 18 new positions and exited 11.

Portfolio Metrics

Turnover
+12.6%
vs prior filed quarter
Top-10 Concentration
+40.1%
share of reported value
Largest Position
+7.8%
Angel Oak Funds
New / Exited
18 / 11
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
Q1 ’23: $155MQ1 ’23Q2 ’23: $174MQ3 ’23: $179MQ3 ’23Q4 ’23: $212MQ1 ’24: $249MQ1 ’24Q2 ’24: $276MQ3 ’24: $304MQ3 ’24Q4 ’24: $307MQ1 ’25: $322MQ1 ’25Q2 ’25: $354MQ3 ’25: $374MQ3 ’25Q4 ’25: $395MQ1 ’26: $413MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 50.9%Common Stock: 41.0%Other: 4.2%ADR: 2.7%Closed-End Fund: 0.6%Other: 0.6%
  • ETP · 50.9% · $164M
  • Common Stock · 41.0% · $132M
  • Other · 4.2% · $13M
  • ADR · 2.7% · $9M
  • Closed-End Fund · 0.6% · $2M
  • Other · 0.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
THORNBURG ETF TRNEW+289.2K289.2K+$8M$8M
BRK/ABERKSHIRE HATHAWAY INC DELNEW+99+$7M$7M
VEEVVEEVA SYS INCNEW+17.6K17.6K+$4M$4M
ADBEADOBE INCNEW+9.8K9.8K+$4M$4M
GEVGE VERNOVA INCNEW+11.1K11.1K+$3M$3M
ACCENTURE PLC IRELANDNEW+9.3K9.3K+$3M$3M
ISHARES TRNEW+27.1K27.1K+$3M$3M
PGRPROGRESSIVE CORPNEW+8.8K8.8K+$2M$2M

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

Holdings — Q1 2025

127 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ANGEL OAK FUNDS TRUSTINCOME ETF7.79%$25M1.21M
2BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A4.62%$15M14.4K
3GOLDMAN SACHS ETF TRACCESS INVT GR · ACTIVEBETA INT · ULTRA SHORT BOND4.56%$15M349.3K
4XLFSELECT SECTOR SPDR TRFINANCIAL · TECHNOLOGY · INDL · SBI INT-UTILS · RL EST SEL SEC · SBI HEALTHCARE · SBI CONS STPLS4.28%$14M174.0K
5AAPLAPPLE INChistory →COM3.89%$13M56.4K
6SPDR S&P 500 ETF TRTR UNIT3.35%$11M19.3K
7MSFTMICROSOFT CORPhistory →COM3.20%$10M27.5K
8TLHISHARES TRRUSSELL 2000 ETF · EAFE GRWTH ETF · 3 7 YR TREAS BD · 0-5YR HI YL CP · ISHS 5-10YR INVT · US SML CAP EQT · 10-20 YR TRS ETF · MSCI USA QLT FCT · CORE S&P500 ETF · EXPND TEC SC ETF · ESG AWR MSCI USA2.89%$9M84.2K
9GLOBAL X FDSADAPTIVE US · NASDAQ 100 COVER · US PFD ETF · US INFR DEV ETF · DOW 30 COVERED C2.81%$9M245.8K
10GOOGALPHABET INCCAP STK CL C · CAP STK CL A2.75%$9M56.7K
11SCHWAB STRATEGIC TRUS DIVIDEND EQ · FUNDAMENTAL US B · FUNDAMENTAL US L2.58%$8M307.7K
12LLYELI LILLY & COhistory →COM2.55%$8M9.9K
13J P MORGAN EXCHANGE TRADED FEQUITY PREMIUM · ULTRA SHRT ETF2.44%$8M139.6K
14THORNBURG ETF TRINTL EQUITY ETF2.37%$8M289.2K
15NVDANVIDIA CORPORATIONhistory →COM2.25%$7M66.8K
16INVESCO ACTIVELY MANAGED EXCTOTAL RETURN2.11%$7M144.8K
17VUGVANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · GROWTH ETF · MID CAP ETF · VALUE ETF · SMALL CP ETF1.88%$6M16.4K
18PACER FDS TRDEVELOPED MRKT · US CASH COWS 100 · US SMALL CAP CAS · METAURUS CAP 4001.71%$5M161.0K
19JANUS DETROIT STR TRHENDRSON AAA CL · HENDERSON SECURI1.70%$5M106.4K
20NDQINVESCO QQQ TRhistory →UNIT SER 11.60%$5M11.0K
21LINDE PLCSHS1.45%$5M10.0K
22ASML HOLDING N VN Y REGISTRY SHS1.42%$5M6.9K
23NVONOVO-NORDISK A Shistory →ADR1.42%$5M65.6K
24PIMCO ETF TRENHAN SHRT MA AC1.39%$4M44.5K
25INNOVATOR ETFS TRUSTLADERD ALCTN PWR1.32%$4M96.3K
26VANGUARD SPECIALIZED FUNDSDIV APP ETF1.28%$4M21.2K
27VEEVVEEVA SYS INChistory →CL A COM1.27%$4M17.6K
28APPFAPPFOLIO INChistory →COM CL A1.22%$4M17.8K
29ADBEADOBE INChistory →COM1.17%$4M9.8K
30GEVGE VERNOVA INChistory →COM1.05%$3M11.1K
31SPDR SER TRBLOOMBERG 1-3 MO · PRTFLO S&P500 GW1.00%$3M35.3K
32AZNNASTRAZENECA PLCSPONSORED ADR0.97%$3M42.5K
33ACCENTURE PLC IRELANDSHS CLASS A0.90%$3M9.3K
34WISDOMTREE TRINDIA ERNGS FD0.89%$3M65.2K
35MCKMCKESSON CORPCOM0.88%$3M4.2K
36AVGOBROADCOM INCCOM0.87%$3M16.8K
37COSTCOSTCO WHSL CORP NEWCOM0.87%$3M3.0K
38PGPROCTER AND GAMBLE COCOM0.86%$3M16.2K
39AMZNAMAZON COM INCCOM0.85%$3M14.4K
40METAMETA PLATFORMS INCCL A0.85%$3M4.8K
41JPMJPMORGAN CHASE & CO.COM0.85%$3M11.1K
42PGRPROGRESSIVE CORPCOM0.77%$2M8.8K
43VVISA INCCOM CL A0.69%$2M6.4K
44HARBOR ETF TRUSTHARBOR COMMODITY0.68%$2M90.8K
45AMDADVANCED MICRO DEVICES INCCOM0.56%$2M17.5K
46VRTVERTIV HOLDINGS COCOM CL A0.45%$1M20.1K
47CCOCAMECO CORPCOM0.45%$1M35.2K
48FIRST TR EXCH TRADED FD IIICALIF MUN INCM0.45%$1M29.7K
49ENVXENOVIX CORPORATIONCOM0.43%$1M187.6K
50TSLATESLA INCCOM0.39%$1M4.8K
51ICON PLCSHS0.39%$1M7.1K
52PROSHARES TRS&P 500 DV ARIST0.39%$1M12.2K
53EXKEXACT SCIENCES CORPCOM0.35%$1M26.3K
54EXMOCEXXON MOBIL CORPCOM0.32%$1M8.7K
55VRTXVERTEX PHARMACEUTICALS INCCOM0.31%$990,9722.0K
56VANGUARD WORLD FDHEALTH CAR ETF · MEGA GRWTH IND · FINANCIALS ETF0.30%$971,8304.7K
57BLACKROCK MUNIHLDNGS CALI QLCOM0.28%$886,07582.7K
58CHVCHEVRON CORP NEWCOM0.26%$848,8475.1K
59INVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.26%$836,3214.8K
60SYKSTRYKER CORPORATIONCOM0.25%$810,0532.2K
61JNJJOHNSON & JOHNSONCOM0.25%$798,1884.8K
62OREALTY INCOME CORPCOM0.25%$796,01313.7K
63AXPAMERICAN EXPRESS COCOM0.24%$757,6452.8K
64FIRST TR EXCHANGE TRADED FDNASDAQ BUYWRITE · BUYWRIT INCM ETF0.22%$720,57936.0K
65INVESCO EXCH TRD SLF IDX FDRUSL 1000 DYNM0.22%$714,51413.4K
66GQ9SPDR GOLD TRGOLD SHS0.22%$711,9942.5K
67KOCOCA COLA COCOM0.21%$676,0219.4K
68AMGNAMGEN INCCOM0.20%$651,0332.1K
69ORCLORACLE CORPCOM0.20%$650,6764.7K
70OBDCBLUE OWL CAPITAL CORPORATIONCOM0.20%$639,20543.6K
71ABBVABBVIE INCCOM0.19%$624,1603.0K
72MRKMERCK & CO INCCOM0.17%$558,9406.2K
73ISRGINTUITIVE SURGICAL INCCOM NEW0.17%$555,1981.1K
74GE AEROSPACECOM NEW0.17%$532,2382.7K
75ABGCENCORA INCCOM0.15%$484,4331.7K
76WMTWALMART INCCOM0.15%$480,3875.5K
77TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.15%$476,7522.9K
78CATCATERPILLAR INCCOM0.15%$475,2421.4K
79RTXRTX CORPORATIONCOM0.14%$465,7293.5K
80RBLXROBLOX CORPCL A0.13%$432,7457.4K
81FSCOFS CREDIT OPPORTUNITIES CORPCOMMON STOCK0.13%$424,18660.2K
82AVTRAVANTOR INCCOM0.13%$413,51725.5K
83EPDENTERPRISE PRODS PARTNERS LCOM0.12%$398,89211.7K
84HDHOME DEPOT INCCOM0.12%$397,7771.1K
85BACBANK AMERICA CORPCOM0.12%$397,5449.5K
86GBTCGRAYSCALE BITCOIN TRUST ETFSHS REP COM UT0.12%$397,5376.1K
87FQIDIGITAL RLTY TR INCCOM0.12%$391,4022.7K
88HONGBPHONEYWELL INTL INCCOM0.12%$384,3261.8K
89UNPUNION PAC CORPCOM0.12%$383,8901.6K
90TAT&T INCCOM0.12%$379,27313.4K
91DUKDUKE ENERGY CORP NEWCOM NEW0.12%$377,3373.1K
92PFEPFIZER INCCOM0.11%$360,10714.2K
93EMREMERSON ELEC COCOM0.11%$358,1943.3K
94PHPARKER-HANNIFIN CORPCOM0.11%$347,082571
95BXBLACKSTONE INCCOM0.11%$346,6542.5K
96VANGUARD WHITEHALL FDSHIGH DIV YLD0.11%$344,6012.7K
97CSCOCISCO SYS INCCOM0.10%$332,7405.4K
98IBMINTERNATIONAL BUSINESS MACHSCOM0.10%$332,7071.3K
99AEPAMERICAN ELEC PWR CO INCCOM0.10%$331,3323.0K
100SBUXSTARBUCKS CORPCOM0.10%$329,4133.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$413M175May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$395M172Feb 3, 202613F-HRchanges · EDGAR ↗
Q3 2025$374M174Oct 7, 202513F-HRchanges · EDGAR ↗
Q2 2025$354M179Jul 9, 202513F-HRchanges · EDGAR ↗
Q1 2025$322M167Apr 10, 202513F-HRchanges · EDGAR ↗
Q4 2024$307M160Jan 15, 202513F-HRchanges · EDGAR ↗
Q3 2024$304M164Oct 31, 202413F-HRchanges · EDGAR ↗
Q2 2024$276M164Aug 5, 202413F-HRchanges · EDGAR ↗
Q1 2024$249M178Apr 12, 202413F-HRchanges · EDGAR ↗
Q4 2023$212M173Jan 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$179M177Oct 24, 202313F-HRchanges · EDGAR ↗
Q2 2023$174M184Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$155M202Apr 27, 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 ↗.