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Asset Manager ← All Institutions

Golden State Wealth Management, LLC

201 E. SANDPOINTE AVE #460, SANTA ANA, CA 92707 • 7143227410

Q2 2025 · Filed 2025-08-06
Market Value
$821M
+21.7%
Holdings
2,162
+21
New Purchases
72
Added To
460
Closed
628
Reduced
416
Top 10 Concentration
32.5%
Turnover
32.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 5.90% 1.80% +4.10% $48M
NVDA 2.18% 1.51% +0.67% $18M
SPMO 0.44% 0.00% +0.44% $4M
MSFT 1.61% 1.23% +0.38% $13M
IDV 0.35% 0.01% +0.35% $3M
META 0.77% 0.43% +0.34% $6M
MSTR 1.00% 0.67% +0.33% $8M
IWY 0.29% 0.00% +0.29% $2M
FCPI 0.23% 0.00% +0.23% $2M
FDVV 0.23% 0.00% +0.23% $2M
FSMD 0.23% 0.00% +0.23% $2M
IVV 7.45% 7.23% +0.22% $61M
RDVY 1.72% 1.50% +0.21% $14M
FEZ 0.21% 0.00% +0.21% $2M
MINT 0.22% 0.01% +0.20% $2M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 3.20% 4.23% -1.03% $26M
AGG 3.10% 3.62% -0.52% $25M
FVD 2.60% 3.04% -0.44% $21M
SPAB 1.57% 1.94% -0.37% $13M
FTCS 1.26% 1.57% -0.30% $10M
WINN 1.81% 2.11% -0.30% $15M
DGRW 1.22% 1.49% -0.27% $10M
MDY 0.28% 0.50% -0.22% $2M
HUSV 0.88% 1.10% -0.21% $7M
BX 1.00% 1.20% -0.21% $8M
SGOV 0.57% 0.76% -0.19% $5M
GAB 0.24% 0.42% -0.18% $2M
IWD 0.55% 0.72% -0.16% $5M
SDVY 1.30% 1.46% -0.16% $11M
VNLA 0.67% 0.82% -0.15% $5M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 74.3%
Technology 9.9%
Consumer Cyclical 3.9%
Communication Services 3.7%
Industrials 2.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 79 $290M 35.3%
Large Cap 905 $286M 34.8%
Mid Cap 671 $152M 18.5%
Small Cap 370 $71M 8.6%
Micro Cap 137 $23M 2.8%

Portfolio Analytics

Avg Market Cap
$49.0B
Median Market Cap
$8.3B
Avg P/E
32.2
Median P/E
22.0
Avg Dividend Yield
0.02%
Avg Beta
1.00
# Stocks
1,481
# ETFs / Funds
681

Top Holdings (2,162 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 7.45% 98,488 $61M $620.90 $12M +11,734 +13.5%
2 SPY 5.90% 78,469 $48M $617.86 $36M +56,705 +260.5%
3 AAPL 3.20% 127,951 $26M $205.17 -$2M -531 -0.4%
4 AGG 3.10% 256,641 $25M $99.20 $1M +9,815 +4.0%
5 FVD 2.60% 477,604 $21M $44.70 $828K +17,384 +3.8%
6 QQQ 2.27% 33,829 $19M $551.66 $3M +1,087 +3.3%
7 AMZN 2.26% 84,601 $19M $219.39 $5M +11,451 +15.7%
8 NVDA 2.18% 113,048 $18M $157.99 $8M +19,108 +20.3%
9 WINN 1.81% 510,372 $15M $29.13 $652K -69,735 -12.0%
10 RDVY 1.72% 224,504 $14M $62.74 $4M +51,572 +29.8%
11 MSFT 1.61% 26,573 $13M $497.42 $5M +4,553 +20.7%
12 SPAB 1.57% 503,795 $13M $25.60 -$174K -8,014 -1.6%
13 USMC 1.49% 195,564 $12M $62.56 $1M +3,965 +2.1%
14 GOOGL 1.40% 65,398 $12M $176.23 $3M +10,587 +19.3%
15 SDVY 1.30% 303,184 $11M $35.28 $825K +8,513 +2.9%
16 FTCS 1.26% 114,088 $10M $90.89 -$190K -3,708 -3.1%
17 DGRW 1.22% 120,061 $10M $83.74 -$27K -6,174 -4.9%
18 SPLG 1.02% 115,015 $8M $72.69 $1M +4,899 +4.5%
19 MSTR 1.00% 20,397 $8M $404.23 $4M +4,633 +29.4%
20 BX 1.00% 54,785 $8M $149.58 $73K -3,320 -5.7%
21 USFR 0.93% 152,406 $8M $50.31 $2M +33,009 +27.6%
22 BUFR 0.92% 236,711 $8M $31.80 $989K +16,504 +7.5%
23 HUSV 0.88% 181,443 $7M $39.93 -$155K -2,675 -1.4%
24 TSLA 0.86% 22,143 $7M $317.66 $2M +4,524 +25.7%
25 QUAL 0.81% 36,324 $7M $182.82 $1M +5,007 +16.0%
26 META 0.77% 8,590 $6M $738.17 $3M +3,577 +71.3%
27 SPYG 0.77% 66,394 $6M $95.32 $898K -1,174 -1.7%
28 JQUA 0.68% 93,542 $6M $60.05 $382K +844 +0.9%
29 VNLA 0.67% 111,516 $5M $49.20 -$26K -635 -0.6%
30 VIG 0.67% 26,802 $5M $204.67 $668K +1,970 +7.9%
31 FTLS 0.57% 70,501 $5M $66.28 $95K -931 -1.3%
32 SGOV 0.57% 46,161 $5M $100.69 -$451K -4,490 -8.9%
33 AVGO 0.56% 16,669 $5M $275.65 $2M +817 +5.2%
34 IWD 0.55% 23,364 $5M $194.23 -$297K -2,333 -9.1%
35 FICS 0.55% 114,273 $4M $39.35 $517K +5,637 +5.2%
36 SPYV 0.52% 81,252 $4M $52.34 $59K -875 -1.1%
37 COWZ 0.52% 76,939 $4M $55.10 $642K +11,249 +17.1%
38 GLD 0.50% 13,556 $4M $304.83 $190K -127 -0.9%
39 COST 0.47% 3,882 $4M $989.94 -$34K -217 -5.3%
40 IUSG 0.46% 25,157 $4M $150.40 $375K -1,669 -6.2%
41 JPM 0.45% 12,654 $4M $289.91 $503K -251 -1.9%
42 ACWI 0.45% 28,413 $4M $128.60 $553K +1,771 +6.7%
43 SPMO 0.44% 31,836 $4M $112.47 $4M +31,786 +63572.0%
44 JPST 0.43% 69,748 $4M $50.68 $1M +25,371 +57.2%
45 PPA 0.42% 24,626 $3M $141.69 $761K +1,218 +5.2%
46 UCON 0.41% 136,313 $3M $24.89 $383K +14,709 +12.1%
47 SPMD 0.41% 62,306 $3M $54.38 -$127K -6,378 -9.3%
48 BUFQ 0.40% 97,930 $3M $33.20 $330K +83 +0.1%
49 FBND 0.37% 66,057 $3M $45.75 $820K +17,815 +36.9%
50 IWO 0.36% 10,399 $3M $285.87 $168K -578 -5.3%
51 IDV 0.35% 84,395 $3M $34.51 $3M +82,569 +4521.9%
52 IJH 0.35% 46,534 $3M $62.02 $13K -2,698 -5.5%
53 BRK-B 0.35% 5,842 $3M $485.77 -$189K +159 +2.8%
54 AVDE 0.34% 38,174 $3M $74.01 $351K +843 +2.3%
55 FPX 0.34% 19,380 $3M $144.91 $456K -1,671 -7.9%
56 IJR 0.34% 25,679 $3M $109.29 -$122K -2,328 -8.3%
57 USMV 0.34% 29,657 $3M $93.87 $1M +10,729 +56.7%
58 PLTR 0.33% 20,100 $3M $136.32 $1M +502 +2.6%
59 FTSM 0.33% 45,546 $3M $59.87 -$172K -2,893 -6.0%
60 V 0.33% 7,531 $3M $355.05 -$13K -134 -1.8%
61 SPSM 0.32% 62,193 $3M $42.60 $173K +1,435 +2.4%
62 FMB 0.31% 51,750 $3M $49.82 -$138K -2,110 -3.9%
63 IQDG 0.31% 63,610 $3M $39.64 $821K +15,938 +33.4%
64 HD 0.30% 6,775 $2M $366.66 $391K +1,063 +18.6%
65 VOO 0.30% 4,338 $2M $568.13 $216K -36 -0.8%
66 GBTG 0.30% 388,155 $2M $6.30 -$373K
67 FV 0.30% 40,973 $2M $59.26 $45K -2,460 -5.7%
68 IWY 0.29% 9,635 $2M $246.52 +9,635 NEW
69 RWL 0.29% 22,733 $2M $104.29 $744K +6,354 +38.8%
70 SKYY 0.28% 19,148 $2M $121.64 $444K +712 +3.9%
71 MDY 0.28% 4,076 $2M $566.52 -$1M -2,244 -35.5%
72 AGGY 0.28% 52,489 $2M $43.63 -$62K -1,668 -3.1%
73 FIXD 0.28% 51,751 $2M $43.89 -$88K -2,072 -3.9%
74 WCMI 0.28% 142,041 $2M $15.91 $830K +40,945 +40.5%
75 FPE 0.27% 123,355 $2M $17.80 $43K +961 +0.8%
76 PSET 0.26% 29,409 $2M $73.60 $174K -745 -2.5%
77 XLK 0.24% 7,917 $2M $253.23 $303K -326 -4.0%
78 GAB 0.24% 339,861 $2M $5.82 -$880K -178,781 -34.5%
79 SPIB 0.24% 57,722 $2M $33.58 $98K +2,361 +4.3%
80 FCPI 0.23% 41,129 $2M $46.65 +41,129 NEW
81 MMIT 0.23% 80,395 $2M $23.85 -$31K -893 -1.1%
82 FDVV 0.23% 36,846 $2M $52.02 +36,846 NEW
83 XLF 0.23% 35,953 $2M $52.37 -$221 -1,852 -4.9%
84 DIA 0.23% 4,253 $2M $440.67 $145K +135 +3.3%
85 FSMD 0.23% 44,974 $2M $41.47 +44,974 NEW
86 GOOG 0.23% 10,448 $2M $177.39 $266K +288 +2.8%
87 PTF 0.22% 26,771 $2M $68.29 $455K +3,487 +15.0%
88 FTGS 0.22% 52,337 $2M $34.19 $230K -71 -0.1%
89 MINT 0.22% 17,677 $2M $100.54 $2M +16,700 +1709.3%
90 NFLX 0.21% 1,290 $2M $1,339.13 $675K +161 +14.3%
91 IVW 0.21% 15,651 $2M $110.10 $346K +810 +5.5%
92 IGRO 0.21% 21,663 $2M $78.89 $244K +1,441 +7.1%
93 FEZ 0.21% 28,472 $2M $59.73 +28,472 NEW
94 SPLV 0.20% 22,735 $2M $72.82 $2M +20,862 +1113.8%
95 IWP 0.20% 11,938 $2M $138.68 $247K -54 -0.5%
96 WMT 0.20% 16,664 $2M $97.78 $139K -317 -1.9%
97 MMIN 0.20% 68,767 $2M $23.31 -$60K -1,589 -2.3%
98 PANW 0.19% 7,807 $2M $204.64 $337K +420 +5.7%
99 EFV 0.19% 25,091 $2M $63.48 $433K +5,421 +27.6%
100 FEX 0.19% 14,180 $2M $109.96 $64K -413 -2.8%

New Positions

SymbolValue% Port
IWY $2M 0.29%
FCPI $2M 0.23%
FDVV $2M 0.23%
FSMD $2M 0.23%
FEZ $2M 0.21%
IOO $1M 0.15%
QWLD $1M 0.14%
KORP $1M 0.13%
FTCB $686K 0.08%
HYGH $612K 0.07%
AOR $497K 0.06%
FSIG $432K 0.05%
SPGM $202K 0.02%
THRO $182K 0.02%
FTEC $180K 0.02%

Sold Out Positions

SymbolValue% Port
ESTC —%
CCS —%
AAP —%
WT —%
HRB —%
IBP —%
ATR —%
AIR —%
ATEN —%
TMHC —%
AN —%
AR —%
ARMK —%
ALSN —%
BFAM —%
View SEC EDGAR Filings for Golden State Wealth Management, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms