Managers / Q4 2025 · view latest →
Heritage Wealth Management, Inc. /CA/
CIK 0002012170 · 11440 W BERNARDO CT, STE 390, SAN DIEGO, CA, 92127 · 858-613-9191
Summary
Heritage Wealth Management, Inc. /Ca/ reported $157M in U.S.-listed holdings across 91 positions for Q4 2025.
Its largest position, American Centy Etf Tr, represents 10.4% of the portfolio.
Compared with Q3 2025, the fund opened 8 new positions and exited 9.
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 · 72.6% · $114M
- Common Stock · 27.1% · $43M
- Other · 0.3% · $407,600
- Equity WRT · 0.0% · $9,107
Quarter-over-Quarter Changes full breakdown →
vs Q3 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SCHWAB STRATEGIC TR | NEW | +77.0K | 77.0K | +$2M | $2M |
| TBILRBB FD INC | NEW | +29.0K | 29.0K | +$1M | $1M |
| MUMICRON TECHNOLOGY INC | NEW | +1.2K | 1.2K | +$344,775 | $344,775 |
| AMDADVANCED MICRO DEVICES INC | NEW | +1.2K | 1.2K | +$254,850 | $254,850 |
| AMCOR PLC | NEW | +28.8K | 28.8K | +$240,200 | $240,200 |
| DFUVDIMENSIONAL ETF TRUST | NEW | +4.5K | 4.5K | +$207,745 | $207,745 |
| MAMASTERCARD INCORPORATED | NEW | +361 | 361 | +$206,088 | $206,088 |
| AXPAMERICAN EXPRESS CO | NEW | +550 | 550 | +$203,473 | $203,473 |
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 | ISHARES TR | 0-3 MNTH TREASRY · IBOXX INV CP ETF · CORE US AGGBD ET · CALIF MUN BD ETF · 20 YR TR BD ETF · S&P MC 400VL ETF · US TREAS BD ETF · IBOXX HI YD ETF · CORE S&P US GWT | 16.72% | $26M | 362.2K |
| 2 | AMERICAN CENTY ETF TR | US LARGE CAP VLU · US SML CP VALU · US EQT ETF | 12.53% | $20M | 248.3K |
| 3 | SCHWAB STRATEGIC TR | US LCAP GR ETF · INT-TRM U.S TRES · SHT TM US TRES | 11.79% | $19M | 635.6K |
| 4 | DFACDIMENSIONAL ETF TRUST | US CORE EQUITY 2 · EMGR CRE EQT MNG · INTL CORE EQT MK · NATL MUN BD ETF · WORLD EX US CORE · US REAL ESTATE E | 8.38% | $13M | 363.6K |
| 5 | VGSHVANGUARD SCOTTSDALE FDShistory → | SHORT TERM TREAS | 4.69% | $7M | 125.7K |
| 6 | AAPLAPPLE INChistory → | COM | 4.54% | $7M | 26.3K |
| 7 | PLTRPALANTIR TECHNOLOGIES INChistory → | CL A | 3.29% | $5M | 29.1K |
| 8 | AVGOBROADCOM INChistory → | COM | 3.26% | $5M | 14.8K |
| 9 | SSGA ACTIVE ETF TR | STATE STREET DOU · STATE STREET BLA | 3.13% | $5M | 121.0K |
| 10 | VTVVANGUARD INDEX FDS | SML CP GRW ETF · S&P 500 ETF SHS · VALUE ETF | 3.10% | $5M | 15.5K |
| 11 | VANGUARD BD INDEX FDS | TOTAL BND MRKT | 2.93% | $5M | 62.2K |
| 12 | SPDR SERIES TRUST | STATE STREET SPD | 2.59% | $4M | 87.6K |
| 13 | MSFTMICROSOFT CORPhistory → | COM | 1.50% | $2M | 4.9K |
| 14 | NVDANVIDIA CORPORATIONhistory → | COM | 1.24% | $2M | 10.5K |
| 15 | GOOGLALPHABET INChistory → | CAP STK CL A | 1.19% | $2M | 6.0K |
| 16 | METAMETA PLATFORMS INChistory → | CL A | 1.15% | $2M | 2.7K |
| 17 | TBILRBB FD INC | US TREAS 3 MNTH | 0.92% | $1M | 29.0K |
| 18 | NDQINVESCO QQQ TR | UNIT SER 1 | 0.89% | $1M | 2.3K |
| 19 | AMZNAMAZON COM INC | COM | 0.80% | $1M | 5.5K |
| 20 | WMTWALMART INC | COM | 0.74% | $1M | 10.4K |
| 21 | LLYELI LILLY & CO | COM | 0.67% | $1M | 976 |
| 22 | HDHOME DEPOT INC | COM | 0.59% | $934,985 | 2.7K |
| 23 | QCOMQUALCOMM INC | COM | 0.55% | $870,454 | 5.1K |
| 24 | SYKSTRYKER CORPORATION | COM | 0.55% | $859,045 | 2.4K |
| 25 | CPNGCOUPANG INC | CL A | 0.51% | $800,078 | 33.9K |
| 26 | ORCLORACLE CORP | COM | 0.45% | $703,588 | 3.6K |
| 27 | SPDR S&P 500 ETF TR | TR UNIT | 0.42% | $666,236 | 977 |
| 28 | INTCINTEL CORP | COM | 0.41% | $643,254 | 17.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $181M | 96 | May 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $157M | 91 | Feb 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $149M | 92 | Nov 5, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $150M | 86 | Jul 28, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $133M | 84 | Apr 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $139M | 90 | Feb 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $141M | 126 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $136M | 120 | Jul 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $132M | 118 | May 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $125M | 112 | Feb 14, 2024 | 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 ↗.