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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
PYN
151
DELISTED
PIMCO New York Municipal Income Fund III
PYN
$203K 0.15%
34,637
+214
+0.6% +$1.26K
NFLX icon
152
Netflix
NFLX
$301B
$202K 0.15%
+3,320
New +$187K
SBUX icon
153
Starbucks
SBUX
$118B
$201K 0.15%
+2,199
New +$205K
RA
154
Brookfield Real Assets Income Fund
RA
$707M
$198K 0.14%
15,360
+73
+0.5% +$946
DMB
155
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$195M
$197K 0.14%
18,968
-488
-3% -$5.02K
PMF
156
DELISTED
PIMCO Municipal Income Fund
PMF
$193K 0.14%
20,653
-3,122
-13% -$29.5K
MIO
157
DELISTED
Pioneer Municipal High Income Opportunities Fund
MIO
$191K 0.14%
16,850
– –
HIX
158
Western Asset High Income Fund II
HIX
$349M
$189K 0.14%
+42,379
New +$193K
PDT
159
John Hancock Premium Dividend Fund
PDT
$637M
$187K 0.14%
+16,064
New +$180K
SABA
160
Saba Capital Income & Opportunities Fund II
SABA
$221M
$184K 0.13%
24,125
+7,250
+43% +$55.4K
MUE
161
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
$182K 0.13%
17,895
+134
+0.8% +$1.34K
SBI
162
Western Asset Intermediate Muni Fund
SBI
$108M
$180K 0.13%
22,747
– –
CCIF
163
Carlyle Credit Income Fund
CCIF
$56M
$179K 0.13%
22,724
+140
+0.6% +$1.12K
AFT
164
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
$177K 0.13%
12,399
+241
+2% +$3.36K
JHS
165
John Hancock Income Securities Trust
JHS
$127M
$176K 0.13%
15,755
-2,763
-15% -$30.2K
MQT
166
DELISTED
BlackRock MuniYield Quality Fund II
MQT
$172K 0.12%
16,405
+74
+0.5% +$768
RMM
167
RiverNorth Managed Duration Municipal Income Fund
RMM
$284M
$162K 0.12%
10,847
– –
CHI
168
Calamos Convertible Opportunities and Income Fund
CHI
$994M
$159K 0.11%
13,993
+70
+0.5% +$762
DTF
169
DTF Tax-Free Income 2028 Term Fund
DTF
$80.6M
$154K 0.11%
14,339
+36
+0.3% +$389
NDMO icon
170
Nuveen Dynamic Municipal Opportunities Fund
NDMO
$607M
$152K 0.11%
+14,000
New +$148K
PML
171
PIMCO Municipal Income Fund II
PML
$487M
$149K 0.11%
+17,500
New +$147K
BHC icon
172
Bausch Health
BHC
$1.69B
$149K 0.11%
+14,000
New +$122K
IQI icon
173
Invesco Quality Municipal Securities
IQI
$526M
$149K 0.11%
15,344
+186
+1% +$1.78K
EDF
174
Virtus Stone Harbor Emerging Markets Income Fund
EDF
$167M
$145K 0.1%
26,788
– –
JRI icon
175
Nuveen Real Asset Income & Growth Fund
JRI
$354M
$143K 0.1%
12,098
– –
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.