Managers / Q4 2025 · view latest →
CHANNEL WEALTH LLC
CIK 0001975550 · 3760 STATE STREET #201, SANTA BARBARA, CA, 93105 · 805-898-0893
Summary
Channel Wealth LLC reported $395M in U.S.-listed holdings across 172 positions for Q4 2025.
Its largest position, Angel Oak Funds, represents 6.1% of the portfolio.
Compared with Q3 2025, the fund opened 12 new positions and exited 14.
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 · 49.5% · $196M
- Common Stock · 44.4% · $175M
- Other · 3.7% · $15M
- ADR · 1.5% · $6M
- Closed-End Fund · 0.4% · $2M
- Other · 0.4% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| WISDOMTREE TR | NEW | +91.7K | 91.7K | +$4M | $4M |
| VKTXVIKING THERAPEUTICS INC | NEW | +75.5K | 75.5K | +$3M | $3M |
| TOLLTEMA ETF TRUST | NEW | +65.2K | 65.2K | +$2M | $2M |
| TOTALENERGIES SE | NEW | +25.0K | 25.0K | +$2M | $2M |
| KMBKIMBERLY-CLARK CORP | NEW | +4.7K | 4.7K | +$474,587 | $474,587 |
| ISHARES TR | NEW | +2.2K | 2.2K | +$262,954 | $262,954 |
| CALAMOS ETF TR | NEW | +10.0K | 10.0K | +$256,200 | $256,200 |
| INTCINTEL CORP | NEW | +6.8K | 6.8K | +$250,024 | $250,024 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ANGEL OAK FUNDS TRUST | INCOME ETF | 6.08% | $24M | 1.15M |
| 2 | GOOGALPHABET INC | CAP STK CL C · CAP STK CL A | 4.39% | $17M | 55.3K |
| 3 | AAPLAPPLE INChistory → | COM | 4.38% | $17M | 63.7K |
| 4 | XLFSELECT SECTOR SPDR TR | STATE STREET FIN · STATE STREET TEC · STATE STREET HEA | 4.29% | $17M | 201.0K |
| 5 | BRK/BBERKSHIRE HATHAWAY INC DEL | CL B NEW · CL A | 3.92% | $15M | 18.8K |
| 6 | THORNBURG ETF TR | INTL EQUITY ETF | 3.70% | $15M | 465.6K |
| 7 | MSFTMICROSOFT CORPhistory → | COM | 3.54% | $14M | 28.9K |
| 8 | NVDANVIDIA CORPORATIONhistory → | COM | 3.32% | $13M | 70.4K |
| 9 | GOLDMAN SACHS ETF TR | ACCESS INVT GR · ACTIVEBETA INT | 3.31% | $13M | 293.0K |
| 10 | JANUS DETROIT STR TR | HENDERSON SECURI · HENDRSON AAA CL | 2.78% | $11M | 213.2K |
| 11 | LLYELI LILLY & COhistory → | COM | 2.52% | $10M | 9.3K |
| 12 | ACWIISHARES TRhistory → | MSCI ACWI ETF | 2.47% | $10M | 68.9K |
| 13 | PIMCO ETF TR | ENHAN SHRT MA AC | 2.37% | $9M | 93.3K |
| 14 | SPDR S&P 500 ETF TR | TR UNIT | 2.25% | $9M | 13.0K |
| 15 | GLOBAL X FDS | ADAPTIVE US | 2.02% | $8M | 171.9K |
| 16 | J P MORGAN EXCHANGE TRADED F | EQUITY PREMIUM | 1.76% | $7M | 121.7K |
| 17 | JPMJPMORGAN CHASE & CO.history → | COM | 1.57% | $6M | 19.2K |
| 18 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.56% | $6M | 10.0K |
| 19 | UBERUBER TECHNOLOGIES INChistory → | COM | 1.43% | $6M | 69.0K |
| 20 | ASML HOLDING N V | N Y REGISTRY SHS | 1.41% | $6M | 5.2K |
| 21 | METAMETA PLATFORMS INChistory → | CL A | 1.34% | $5M | 8.0K |
| 22 | SCHWAB STRATEGIC TR | US DIVIDEND EQ | 1.33% | $5M | 191.5K |
| 23 | INVESCO ACTIVELY MANAGED EXC | TOTAL RETURN | 1.31% | $5M | 109.3K |
| 24 | PACER FDS TR | DEVELOPED MRKT | 1.28% | $5M | 131.2K |
| 25 | VANGUARD SPECIALIZED FUNDS | DIV APP ETF | 1.20% | $5M | 21.5K |
| 26 | LINDE PLC | SHS | 1.14% | $4M | 10.5K |
| 27 | AZNNASTRAZENECA PLChistory → | SPONSORED ADR | 1.12% | $4M | 48.0K |
| 28 | WISDOMTREE TR | JAPAN OPPORTUNIT | 1.08% | $4M | 91.7K |
| 29 | HARBOR ETF TRUST | HARBOR COMMODITY | 1.00% | $4M | 159.0K |
| 30 | APPFAPPFOLIO INC | COM CL A | 0.97% | $4M | 16.5K |
| 31 | AVGOBROADCOM INC | COM | 0.94% | $4M | 10.7K |
| 32 | OKTAOKTA INC | CL A | 0.90% | $4M | 41.1K |
| 33 | VEEVVEEVA SYS INC | CL A COM | 0.89% | $4M | 15.8K |
| 34 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 0.86% | $3M | 5.4K |
| 35 | AMZNAMAZON COM INC | COM | 0.85% | $3M | 14.6K |
| 36 | SPDR SERIES TRUST | STATE STREET SPD | 0.85% | $3M | 36.8K |
| 37 | BSXBOSTON SCIENTIFIC CORP | COM | 0.84% | $3M | 34.6K |
| 38 | ORCLORACLE CORP | COM | 0.82% | $3M | 16.7K |
| 39 | HDHOME DEPOT INC | COM | 0.77% | $3M | 8.9K |
| 40 | VRTXVERTEX PHARMACEUTICALS INC | COM | 0.76% | $3M | 6.6K |
| 41 | VVISA INC | COM CL A | 0.75% | $3M | 8.5K |
| 42 | COSTCOSTCO WHSL CORP NEW | COM | 0.74% | $3M | 3.4K |
| 43 | GENIUS SPORTS LIMITED | SHARES CL A | 0.73% | $3M | 260.9K |
| 44 | VKTXVIKING THERAPEUTICS INC | COM | 0.67% | $3M | 75.5K |
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 ↗.