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MWM

Melfa Wealth Management Portfolio holdings

AUM $185M
1-Year Est. Return 17.73%
This Fund
S&P 500
This Quarter Est. Return
+5.52%
1 Year Est. Return
+17.73%
3 Year Est. Return
+42.86%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$139M
AUM Growth
+$32.3M
Cap. Flow
+$27.3M
Cap. Flow %
19.7%
Top 10 Hldgs %
30.09%
Holding
195
New
54
Increased
88
Reduced
25
Closed
–

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$2.4M
2
META icon
Meta Platforms (Facebook)
META
+$2.2M
3
GE icon
GE Aerospace
GE
+$1.86M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$1.59M
5
FITB
Fifth Third Bancorp
FITB
+$1.09M

Top Sells

Rank Stock Value
1
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$118K
2
VKI icon
Invesco Advantage Municipal Income Trust II
VKI
+$113K
3
EVN
Eaton Vance Municipal Income Trust
EVN
+$110K
4
MHD icon
BlackRock MuniHoldings Fund
MHD
+$90.6K
5
PCQ
Pimco California Municipal Income Fund
PCQ
+$84K

Sector Composition

Rank Sector Weight
1 Technology 4.96%
2 Financials 2.63%
3 Communication Services 2.33%
4 Industrials 1.6%
5 Energy 1.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NHS
51
Neuberger High Yield Strategies Fund Inc
NHS
$251M
$743K 0.54%
92,192
+32,309
+54% +$260K
VXUS icon
52
Vanguard Total International Stock ETF
VXUS
$153B
$725K 0.52%
12,027
+784
+7% +$45.6K
VKI icon
53
Invesco Advantage Municipal Income Trust II
VKI
$398M
$716K 0.52%
84,205
-13,307
-14% -$113K
FDVV icon
54
Fidelity High Dividend ETF
FDVV
$10.2B
$702K 0.51%
+15,486
New +$674K
XBI icon
55
State Street SPDR S&P Biotech ETF
XBI
$10.1B
$631K 0.46%
6,645
– –
MFM
56
Aberdeen Municipal Income Fund
MFM
$221M
$620K 0.45%
115,430
+68
+0.1% +$357
PFF icon
57
iShares Preferred and Income Securities ETF
PFF
$13.2B
$616K 0.44%
19,108
+8,095
+74% +$258K
MVT
58
DELISTED
BlackRock MuniVest Fund II
MVT
$603K 0.44%
55,252
+17
+0% +$183
ENX
59
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
$598K 0.43%
61,633
+184
+0.3% +$1.8K
IWD icon
60
iShares Russell 1000 Value ETF
IWD
$82.2B
$596K 0.43%
+3,330
New +$563K
NAC icon
61
Nuveen California Quality Municipal Income Fund
NAC
$1.85B
$590K 0.43%
53,547
+37,284
+229% +$410K
DSU icon
62
BlackRock Debt Strategies Fund
DSU
$592M
$585K 0.42%
52,863
+137
+0.3% +$1.51K
DFIV icon
63
Dimensional International Value ETF
DFIV
$20.9B
$581K 0.42%
+15,806
New +$548K
PMM
64
Franklin Managed Municipal Income Trust
PMM
$271M
$575K 0.42%
96,020
+87
+0.1% +$534
LQD icon
65
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.5B
$569K 0.41%
+5,224
New +$568K
MIY icon
66
BlackRock MuniYield Michigan Quality Fund
MIY
$351M
$569K 0.41%
49,425
+3
+0% +$34
MUJ icon
67
BlackRock MuniHoldings New Jersey Quality Fund
MUJ
$643M
$564K 0.41%
48,491
+203
+0.4% +$2.33K
NMT icon
68
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$131M
$548K 0.4%
50,177
+72
+0.1% +$767
AFB
69
AllianceBernstein National Municipal Income Fund
AFB
$314M
$521K 0.38%
47,393
-5,901
-11% -$64.1K
CXH
70
DELISTED
MFS Investment Grade Municipal Trust
CXH
$508K 0.37%
66,730
-2,696
-4% -$20.4K
JPM icon
71
JPMorgan Chase
JPM
$950B
$494K 0.36%
+2,468
New +$445K
OIA icon
72
Invesco Municipal Income Opportunities Trust
OIA
$293M
$494K 0.36%
75,679
+479
+0.6% +$3.06K
IJH icon
73
iShares Core S&P Mid-Cap ETF
IJH
$123B
$485K 0.35%
+7,980
New +$452K
CXE
74
DELISTED
MFS High Income Municipal Trust
CXE
$482K 0.35%
132,893
+277
+0.2% +$993
GHY
75
PGIM Global High Yield Fund
GHY
$480M
$477K 0.34%
39,841
+242
+0.6% +$2.8K
1 2
3
4 5

Similar funds

FA
Financial Alternatives La Jolla, California $185M AUM 16.33% 1-Year Est. Return
GK
Graney & King Latham, New York $186M AUM 15.71% 1-Year Est. Return
PS
Pinney & Scofield Cambridge, Massachusetts $185M AUM 19.89% 1-Year Est. Return
PFG
Pacific Financial Group Bellevue, Washington $186M AUM 16.59% 1-Year Est. Return
NPFS
Novak & Powell Financial Services St. Petersburg, Florida $186M AUM 18.1% 1-Year Est. Return
JHC
J. Hagan Capital Louisville, Kentucky $185M AUM 18.36% 1-Year Est. Return
CPP
Capasso Planning Partners Charleston, South Carolina $185M AUM 14.14% 1-Year Est. Return
VFG
Valley Financial Group Ambler, Pennsylvania $185M AUM 14.05% 1-Year Est. Return

Melfa Wealth Management's Q1 2024 Portfolio in Review

As of Q1 2024, Melfa Wealth Management held 195 positions worth $139M, up 30% from $106M the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Melfa Wealth Management deployed $27.3M of net new capital in Q1 2024, opening 54 new positions and adding to 88 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 4,798 shares worth $2.52M.

By sector, the portfolio is most concentrated in Technology at 5% of assets, up from 3.9% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was Nuveen AMT-Free Municipal Credit Income Fund, an estimated $118K trimmed.

  • Melfa Wealth Management's largest Q1 2024 buy was iShares Core S&P 500 ETF: 4,798 shares worth $2.52M.
  • Melfa Wealth Management added most to Apple in Q1 2024, an estimated $574K increase.
  • Melfa Wealth Management's biggest Q1 2024 reduction was Nuveen AMT-Free Municipal Credit Income Fund, cutting an estimated $118K.
  • Melfa Wealth Management's ten largest holdings make up 30% of its $139M portfolio in Q1 2024.
  • Melfa Wealth Management opened 54 new positions and closed 0 in Q1 2024.
  • Melfa Wealth Management's portfolio value rose 30% quarter-over-quarter to $139M.

Based on Melfa Wealth Management's 13F filing for Q1 2024, filed 23 Apr 2024.