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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
AMZN icon
126
Amazon
AMZN
$2.44T
$250K 0.18%
+1,387
New +$232K
VFQY icon
127
Vanguard US Quality Factor ETF
VFQY
$480M
$250K 0.18%
+1,826
New +$237K
NNY icon
128
Nuveen New York Municipal Value Fund
NNY
$157M
$249K 0.18%
29,908
– –
IBM icon
129
IBM
IBM
$213B
$248K 0.18%
+1,300
New +$237K
BBN icon
130
BlackRock Taxable Municipal Bond Trust
BBN
$971M
$246K 0.18%
15,040
+72
+0.5% +$1.19K
BKN
131
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
$245K 0.18%
19,766
-82
-0.4% -$985
BTT icon
132
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
$243K 0.18%
11,556
+10
+0.1% +$211
GOOG icon
133
Alphabet (Google) Class C
GOOG
$4.11T
$241K 0.17%
+1,585
New +$229K
DBL
134
DoubleLine Opportunistic Credit Fund
DBL
$278M
$241K 0.17%
15,609
+126
+0.8% +$1.92K
VNQ icon
135
Vanguard Real Estate ETF
VNQ
$39.9B
$238K 0.17%
+2,749
New +$235K
WEA
136
Western Asset Premier Bond Fund
WEA
$123M
$237K 0.17%
22,281
– –
PIM
137
Franklin Master Intermediate Income Trust
PIM
$151M
$237K 0.17%
74,034
+235
+0.3% +$753
NMZ icon
138
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.2B
$235K 0.17%
22,259
+106
+0.5% +$1.08K
ES icon
139
Eversource Energy
ES
$28.1B
$235K 0.17%
3,924
– –
CBU icon
140
Community Bank
CBU
$3.39B
$232K 0.17%
4,825
– –
IWB icon
141
iShares Russell 1000 ETF
IWB
$47.1B
$230K 0.17%
+800
New +$219K
ABBV icon
142
AbbVie
ABBV
$465B
$226K 0.16%
+1,240
New +$214K
IEFA icon
143
iShares Core MSCI EAFE ETF
IEFA
$186B
$226K 0.16%
+3,039
New +$216K
HFRO
144
Highland Opportunities and Income Fund
HFRO
$407M
$224K 0.16%
31,895
+46
+0.1% +$311
TIP icon
145
iShares TIPS Bond ETF
TIP
$14.5B
$221K 0.16%
+2,056
New +$220K
CEV
146
Eaton Vance California Municipal Income Trust
CEV
$71.5M
$219K 0.16%
20,679
+122
+0.6% +$1.28K
PCF
147
High Income Securities Fund
PCF
$98.8M
$214K 0.15%
31,646
+14
+0% +$92
IWF icon
148
iShares Russell 1000 Growth ETF
IWF
$117B
$211K 0.15%
+2,500
New +$201K
CHY
149
Calamos Convertible and High Income Fund
CHY
$978M
$211K 0.15%
17,833
– –
USFR icon
150
WisdomTree Floating Rate Treasury Fund
USFR
$18.1B
$208K 0.15%
+4,145
New +$209K
4 5
6
7 8

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.