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MWM

Melfa Wealth Management Portfolio holdings

AUM $174M
1-Year Est. Return 13.95%
This Fund
S&P 500
This Quarter Est. Return
+10.89%
1 Year Est. Return
+13.95%
3 Year Est. Return
+30.12%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$106M
AUM Growth
+$14.2M
Cap. Flow
+$4.75M
Cap. Flow %
4.48%
Top 10 Hldgs %
36.75%
Holding
147
New
9
Increased
86
Reduced
27
Closed
6

Top Buys

Rank Stock Value
1
NBH
Neuberger Municipal Fund Inc
NBH
+$1.81M
2
DFAC icon
Dimensional US Core Equity 2 ETF
DFAC
+$1.07M
3
DFSV
Dimensional US Small Cap Value ETF
DFSV
+$889K
4
MMU
Western Asset Managed Municipals Fund
MMU
+$754K
5
DFAI
Dimensional International Core Equity Market ETF
DFAI
+$511K

Top Sells

Rank Stock Value
1
NBW
Neuberger Berman California Municipal Fund Inc.
NBW
+$1.47M
2
MNP
Western Asset Municipal Partners Fund, Inc.
MNP
+$729K
3
XOM icon
ExxonMobil
XOM
+$434K
4
JPS
Nuveen Preferred & Income Securities Fund
JPS
+$282K
5
DFUV icon
Dimensional US Marketwide Value ETF
DFUV
+$127K

Sector Composition

Rank Sector Weight
1 Technology 3.91%
2 Energy 1.19%
3 Financials 0.57%
4 Utilities 0.23%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MMU
26
Western Asset Managed Municipals Fund
MMU
$566M
$1.11M 1.04%
108,908
+79,896
+275% +$754K
JFR icon
27
Nuveen Floating Rate Income Fund
JFR
$1.23B
$1.03M 0.97%
125,274
-4,944
-4% -$39.5K
RSPT icon
28
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.43B
$1.02M 0.96%
31,289
+35
+0.1% +$1.03K
BFK
29
DELISTED
BlackRock Municipal Income Trust
BFK
$1.01M 0.96%
100,731
-6,391
-6% -$60.3K
BHK icon
30
BlackRock Core Bond Trust
BHK
$658M
$999K 0.94%
91,592
+6,872
+8% +$68.8K
BLE
31
DELISTED
BlackRock Municipal Income Trust II
BLE
$944K 0.89%
88,390
+565
+0.6% +$5.54K
EVV
32
Eaton Vance Limited Duration Income Fund
EVV
$1.08B
$916K 0.86%
96,301
-7,434
-7% -$67.7K
BFZ
33
DELISTED
BlackRock CA Municipal Income Trust
BFZ
$911K 0.86%
75,692
+187
+0.2% +$2.03K
MUA icon
34
BlackRock MuniAssets Fund
MUA
$538M
$906K 0.85%
85,561
+317
+0.4% +$3.06K
MUC icon
35
BlackRock MuniHoldings California Quality Fund
MUC
$1.02B
$881K 0.83%
79,195
+268
+0.3% +$2.72K
HYT icon
36
BlackRock Corporate High Yield Fund
HYT
$1.37B
$819K 0.77%
87,883
+4,525
+5% +$39.6K
FRA icon
37
BlackRock Floating Rate Income Strategies Fund
FRA
$380M
$778K 0.73%
61,444
-450
-0.7% -$5.47K
VLT icon
38
Invesco High Income Trust II
VLT
$67.1M
$745K 0.7%
71,684
+276
+0.4% +$2.74K
NCA icon
39
Nuveen California Municipal Value Fund
NCA
$309M
$743K 0.7%
82,869
-128
-0.2% -$1.07K
VKI icon
40
Invesco Advantage Municipal Income Trust II
VKI
$407M
$727K 0.68%
97,512
+32
+0% +$251
JPC icon
41
Nuveen Preferred & Income Opportunities Fund
JPC
$2.92B
$706K 0.66%
104,441
+41,404
+66% +$263K
VTI icon
42
Vanguard Total Stock Market ETF
VTI
$660B
$698K 0.66%
2,940
+2
+0.1% +$442
VIG icon
43
Vanguard Dividend Appreciation ETF
VIG
$110B
$677K 0.64%
3,973
-34
-0.8% -$5.47K
VXUS icon
44
Vanguard Total International Stock ETF
VXUS
$153B
$652K 0.61%
11,243
+133
+1% +$7.26K
MFM
45
Aberdeen Municipal Income Fund
MFM
$230M
$596K 0.56%
115,362
– –
MVT
46
DELISTED
BlackRock MuniVest Fund II
MVT
$595K 0.56%
55,235
+27
+0% +$269
XBI icon
47
State Street SPDR S&P Biotech ETF
XBI
$10.3B
$593K 0.56%
6,645
+1
+0% +$74
ENX
48
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$593K 0.56%
61,449
+153
+0.2% +$1.34K
PMM
49
Franklin Managed Municipal Income Trust
PMM
$281M
$583K 0.55%
95,933
+97
+0.1% +$544
AFB
50
AllianceBernstein National Municipal Income Fund
AFB
$322M
$578K 0.54%
53,294
-63
-0.1% -$627
1
2
3 4 5

Similar funds

CFS
Coordinated Financial Services Denver, Colorado $174M AUM 16.33% 1-Year Est. Return
CAM
Councilmark Asset Management Knoxville, Tennessee $174M AUM 23.08% 1-Year Est. Return
AMD
Advanced Micro Devices Santa Clara, California $174M AUM
GWAM
Guardian Wealth Advisors (Minnesota) St Louis Park, Minnesota $174M AUM 17.98% 1-Year Est. Return
CFG
CNO Financial Group Carmel, Indiana $174M AUM 1.66% 1-Year Est. Return
AAG
American Airlines Group Fort Worth, Texas $174M AUM
SCM
Solas Capital Management Darien, Connecticut $174M AUM 6.33% 1-Year Est. Return
BCP
Breakout Capital Partners New York $174M AUM 7.98% 1-Year Est. Return

Melfa Wealth Management's Q4 2023 Portfolio in Review

As of Q4 2023, Melfa Wealth Management held 147 positions worth $106M, up 15% from $92M the previous quarter. Its ten largest holdings account for 37% of the portfolio.

Melfa Wealth Management deployed $4.75M of net new capital in Q4 2023, opening 9 new positions and adding to 86 existing holdings. Its largest new stake was BlackRock Municipal 2030 Target Term Trust: 11,546 shares worth $240K.

By sector, the portfolio is most concentrated in Technology at 3.9% of assets, down from 4.1% a quarter earlier, followed by Energy and Financials.

On the sell side, the largest reduction was ExxonMobil, an estimated $434K trimmed.

  • Melfa Wealth Management's largest Q4 2023 buy was BlackRock Municipal 2030 Target Term Trust: 11,546 shares worth $240K.
  • Melfa Wealth Management added most to Neuberger Municipal Fund Inc in Q4 2023, an estimated $1.81M increase.
  • Melfa Wealth Management's biggest Q4 2023 reduction was ExxonMobil, cutting an estimated $434K.
  • Melfa Wealth Management fully exited Neuberger Berman California Municipal Fund Inc. in Q4 2023, selling an estimated $1.47M.
  • Melfa Wealth Management's ten largest holdings make up 37% of its $106M portfolio in Q4 2023.
  • Melfa Wealth Management opened 9 new positions and closed 6 in Q4 2023.
  • Melfa Wealth Management's portfolio value rose 15% quarter-over-quarter to $106M.

Based on Melfa Wealth Management's 13F filing for Q4 2023, filed 22 Jan 2024.