Managers / Q1 2025 · view latest →
Variant Private Wealth, LLC
CIK 0002054798 · 8350 BROAD ST., SUITE 220, TYSONS, VA, 22102 · 703-760-7600
Summary
Variant Private Wealth, LLC reported $93M in U.S.-listed holdings across 40 positions for Q1 2025.
The portfolio is heavily concentrated: IVV alone accounts for 28.4% of reported value.
Compared with Q4 2024, the fund opened 3 new positions and exited 4.
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, 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
Portfolio Composition
- ETP · 64.7% · $60M
- Common Stock · 35.3% · $33M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FBCGFIDELITY COVINGTON TRUST | NEW | +102.8K | 102.8K | +$4M | $4M |
| FASDIREXION SHS ETF TR | NEW | +13.9K | 13.9K | +$2M | $2M |
| PLTRPALANTIR TECHNOLOGIES INC | NEW | +6.5K | 6.5K | +$550,710 | $550,710 |
| UPROPROSHARES TR | SOLD OUT | −68.0K | 0 | −$6M | $0 |
| SOXLDIREXION SHS ETF TR | SOLD OUT | −74.3K | 0 | −$2M | $0 |
| BTCGRAYSCALE BITCOIN MINI TR ET | SOLD OUT | −19.1K | 0 | −$798,545 | $0 |
| MUSTANG BIO INC | SOLD OUT | −13.0K | 0 | −$2,300 | $0 |
| TSLATESLA INC | ADDED | +3.3K | 10.0K | −$110,632 | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | IVVISHARES TR | CORE S&P500 ETF · U.S. TECH ETF · CORE S&P US VLU · CORE S&P SCP ETF · CORE S&P MCP ETF · U.S. MED DVC ETF | 28.39% | $26M | 238.5K |
| 2 | AAPLAPPLE INChistory → | COM | 9.43% | $9M | 39.6K |
| 3 | GBTCGRAYSCALE BITCOIN TRUST ETFhistory → | SHS REP COM UT | 6.92% | $6M | 98.9K |
| 4 | MSFTMICROSOFT CORPhistory → | COM | 6.07% | $6M | 15.1K |
| 5 | URTYPROSHARES TR | ULTR RUSSL2000 · ULTRAPRO QQQ | 5.39% | $5M | 122.8K |
| 6 | FBCGFIDELITY COVINGTON TRUST | BLUE CHIP GRWTH · MSCI FINLS IDX | 4.98% | $5M | 110.5K |
| 7 | ARKKARK ETF TRhistory → | INNOVATION ETF | 4.16% | $4M | 81.5K |
| 8 | IEMGISHARES INChistory → | CORE MSCI EMKT | 3.98% | $4M | 68.7K |
| 9 | AMZNAMAZON COM INChistory → | COM | 3.79% | $4M | 18.5K |
| 10 | XLESELECT SECTOR SPDR TRhistory → | ENERGY | 2.92% | $3M | 29.1K |
| 11 | TSLATESLA INChistory → | COM | 2.78% | $3M | 10.0K |
| 12 | ONEQFIDELITY COMWLTH TRhistory → | NASDAQ COMPSIT | 2.36% | $2M | 32.3K |
| 13 | FASDIREXION SHS ETF TRhistory → | DLY FIN BULL NEW | 2.36% | $2M | 13.9K |
| 14 | NVDANVIDIA CORPORATIONhistory → | COM | 2.19% | $2M | 18.8K |
| 15 | NAILDBX ETF TRhistory → | DALY HOM B&S BUL | 1.65% | $2M | 24.6K |
| 16 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 1.32% | $1M | 2.3K |
| 17 | DISDISNEY WALT COhistory → | COM | 1.20% | $1M | 11.3K |
| 18 | INVESCO EXCH TRADED FD TR II | S&P500 LOW VOL | 1.12% | $1M | 14.0K |
| 19 | AMDADVANCED MICRO DEVICES INChistory → | COM | 1.02% | $949,831 | 9.2K |
| 20 | SCHWSCHWAB CHARLES CORP | COM | 0.88% | $820,820 | 10.5K |
| 21 | SNOWSNOWFLAKE INC | CL A | 0.83% | $774,165 | 5.3K |
| 22 | GOOGALPHABET INC | CAP STK CL C | 0.73% | $679,111 | 4.3K |
| 23 | METAMETA PLATFORMS INC | CL A | 0.67% | $628,368 | 1.1K |
| 24 | QQQINVESCO QQQ TR | UNIT SER 1 | 0.67% | $620,288 | 1.3K |
| 25 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.66% | $611,137 | 1.1K |
| 26 | CRWDCROWDSTRIKE HLDGS INC | CL A | 0.60% | $554,961 | 1.6K |
| 27 | PLTRPALANTIR TECHNOLOGIES INC | CL A | 0.59% | $550,710 | 6.5K |
| 28 | ZSZSCALER INC | COM | 0.56% | $521,249 | 2.6K |
| 29 | OXYOCCIDENTAL PETE CORP | COM | 0.56% | $517,186 | 10.5K |
| 30 | CACICACI INTL INC | CL A | 0.37% | $341,603 | 931 |
| 31 | CRMSALESFORCE INC | COM | 0.32% | $298,325 | 1.1K |
| 32 | FVDFIRST TR VALUE LINE DIVID IN | SHS | 0.30% | $284,170 | 6.4K |
| 33 | LLYELI LILLY & CO | COM | 0.25% | $233,302 | 282 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $83M | 38 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $96M | 40 | Jan 26, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $108M | 38 | Oct 30, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $96M | 37 | Jul 28, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $93M | 40 | Apr 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $105M | 41 | Feb 3, 2025 | 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 ↗.