Managers / Q2 2025 · view latest →
CHANNEL WEALTH LLC
CIK 0001975550 · 3760 STATE STREET #201, SANTA BARBARA, CA, 93105 · 805-898-0893
Summary
Channel Wealth LLC reported $354M in U.S.-listed holdings across 179 positions for Q2 2025.
Its largest position, Angel Oak Funds, represents 6.2% of the portfolio.
Compared with Q1 2025, the fund opened 19 new positions and exited 12.
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
- ETP · 46.7% · $165M
- Common Stock · 44.0% · $156M
- Other · 4.5% · $16M
- ADR · 3.6% · $13M
- Closed-End Fund · 0.6% · $2M
- Other · 0.6% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| UBERUBER TECHNOLOGIES INC | NEW | +42.4K | 42.4K | +$4M | $4M |
| TOTALENERGIES SE | NEW | +54.2K | 54.2K | +$3M | $3M |
| ANETARISTA NETWORKS INC | NEW | +29.1K | 29.1K | +$3M | $3M |
| PHMPULTE GROUP INC | NEW | +21.3K | 21.3K | +$2M | $2M |
| BSXBOSTON SCIENTIFIC CORP | NEW | +16.7K | 16.7K | +$2M | $2M |
| LINCLINCOLN EDL SVCS CORP | NEW | +34.7K | 34.7K | +$800,619 | $800,619 |
| 51AAMERICAN PUB ED INC | NEW | +17.6K | 17.6K | +$535,944 | $535,944 |
| GENIUS SPORTS LIMITED | NEW | +35.2K | 35.2K | +$366,122 | $366,122 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ANGEL OAK FUNDS TRUST | INCOME ETF | 6.19% | $22M | 1.05M |
| 2 | GOLDMAN SACHS ETF TR | ACCESS INVT GR · ACTIVEBETA INT | 4.38% | $15M | 360.8K |
| 3 | MSFTMICROSOFT CORPhistory → | COM | 3.87% | $14M | 27.5K |
| 4 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 3.82% | $14M | 14.3K |
| 5 | SPDR S&P 500 ETF TR | TR UNIT | 3.39% | $12M | 19.4K |
| 6 | AAPLAPPLE INChistory → | COM | 3.32% | $12M | 57.2K |
| 7 | XLFSELECT SECTOR SPDR TR | TECHNOLOGY · FINANCIAL · INDL | 3.18% | $11M | 108.6K |
| 8 | THORNBURG ETF TR | INTL EQUITY ETF | 3.17% | $11M | 379.0K |
| 9 | NVDANVIDIA CORPORATIONhistory → | COM | 3.08% | $11M | 69.0K |
| 10 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 2.96% | $10M | 394.9K |
| 11 | GOOGALPHABET INChistory → | CAP STK CL C | 2.47% | $9M | 49.2K |
| 12 | GLOBAL X FDS | ADAPTIVE US | 2.27% | $8M | 179.3K |
| 13 | LLYELI LILLY & COhistory → | COM | 2.25% | $8M | 10.2K |
| 14 | PIMCO ETF TR | ENHAN SHRT MA AC | 2.07% | $7M | 72.8K |
| 15 | INVESCO ACTIVELY MANAGED EXC | TOTAL RETURN | 1.89% | $7M | 142.8K |
| 16 | VRTXVERTEX PHARMACEUTICALS INChistory → | COM | 1.75% | $6M | 13.9K |
| 17 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.72% | $6M | 11.0K |
| 18 | LINDE PLC | SHS | 1.63% | $6M | 12.3K |
| 19 | ASML HOLDING N V | N Y REGISTRY SHS | 1.59% | $6M | 7.0K |
| 20 | VEEVVEEVA SYS INChistory → | CL A COM | 1.53% | $5M | 18.8K |
| 21 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 1.36% | $5M | 84.7K |
| 22 | NVONOVO-NORDISK A Shistory → | ADR | 1.24% | $4M | 63.7K |
| 23 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 1.22% | $4M | 21.1K |
| 24 | ACCENTURE PLC IRELAND | SHS CLASS A | 1.20% | $4M | 14.2K |
| 25 | AZNNASTRAZENECA PLChistory → | SPONSORED ADR | 1.13% | $4M | 57.4K |
| 26 | UBERUBER TECHNOLOGIES INChistory → | COM | 1.12% | $4M | 42.4K |
| 27 | METAMETA PLATFORMS INChistory → | CL A | 1.11% | $4M | 5.3K |
| 28 | SPDR SERIES TRUST | BLOOMBERG 1-3 MO | 1.09% | $4M | 42.1K |
| 29 | ADBEADOBE INChistory → | COM | 1.08% | $4M | 9.8K |
| 30 | APPFAPPFOLIO INChistory → | COM CL A | 1.08% | $4M | 16.5K |
| 31 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 1.06% | $4M | 6.6K |
| 32 | JANUS DETROIT STR TR | HENDERSON SECURI | 1.00% | $4M | 67.1K |
| 33 | PACER FDS TR | DEVELOPED MRKT | 0.98% | $3M | 102.1K |
| 34 | AVGOBROADCOM INC | COM | 0.94% | $3M | 12.1K |
| 35 | TOTALENERGIES SE | SPONSORED ADS | 0.94% | $3M | 54.2K |
| 36 | JPMJPMORGAN CHASE & CO. | COM | 0.93% | $3M | 11.3K |
| 37 | WISDOMTREE TR | INDIA ERNGS FD | 0.91% | $3M | 68.0K |
| 38 | AMZNAMAZON COM INC | COM | 0.89% | $3M | 14.3K |
| 39 | ANETARISTA NETWORKS INC | COM SHS | 0.84% | $3M | 29.1K |
| 40 | COSTCOSTCO WHSL CORP NEW | COM | 0.83% | $3M | 3.0K |
| 41 | PGRPROGRESSIVE CORP | COM | 0.71% | $3M | 9.4K |
| 42 | AMDADVANCED MICRO DEVICES INC | COM | 0.68% | $2M | 17.1K |
| 43 | PGPROCTER AND GAMBLE CO | COM | 0.66% | $2M | 14.6K |
| 44 | VVISA INC | COM CL A | 0.64% | $2M | 6.4K |
| 45 | PHMPULTE GROUP INC | COM | 0.64% | $2M | 21.3K |
| 46 | INNOVATOR ETFS TRUST | LADERD ALCTN PWR | 0.57% | $2M | 43.0K |
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 ↗.