# VANTAGE WEALTH

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1569174. Source: https://holderbook.com/funds/1569174-vantage-wealth/

- Reported value: $462.6M
- Positions: 30
- Weight of the ten largest: 48.3%
- Filed: 2026-01-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $26.7M | 85,261 | 5.8% | 29 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $23.3M | 266,255 | 5.0% | 8 |
| TE CONNECTIVITY PLC | [TEL](https://holderbook.com/stocks/TEL/) | $23.0M | 101,310 | 5.0% | 4 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $22.5M | 69,850 | 4.9% | 29 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $21.8M | 80,355 | 4.7% | 29 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $21.8M | 94,409 | 4.7% | 29 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $21.7M | 44,801 | 4.7% | 29 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $21.3M | 60,760 | 4.6% | 29 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $20.9M | 63,729 | 4.5% | 24 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $20.4M | 154,060 | 4.4% | 12 |
| ENBRIDGE INC | [ENB](https://holderbook.com/stocks/ENB/) | $20.1M | 421,185 | 4.4% | 7 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $20.0M | 18,721 | 4.3% | 3 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $19.7M | 205,350 | 4.3% | 12 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $19.4M | 241,575 | 4.2% | 10 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $19.1M | 37,948 | 4.1% | 29 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $18.8M | 130,905 | 4.1% | 29 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $18.6M | 122,295 | 4.0% | 14 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $18.6M | 75,282 | 4.0% | 16 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $18.6M | 107,160 | 4.0% | 29 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $18.5M | 94,737 | 4.0% | 7 |
| CANADIAN NATL RY CO | [CNI](https://holderbook.com/stocks/CNI/) | $17.6M | 178,257 | 3.8% | 29 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $16.4M | 130,555 | 3.6% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $7.3M | 39,162 | 1.6% | 13 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.7M | 7,773 | 0.6% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $1.5M | 4,935 | 0.3% | 29 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $734.7K | 852 | 0.2% | 13 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $614.4K | 4,000 | 0.1% | 3 |
| AVERY DENNISON CORP | [AVY](https://holderbook.com/stocks/AVY/) | $267.7K | 1,472 | 0.1% | 22 |
| ARROWHEAD PHARMACEUTICALS IN | [ARWR](https://holderbook.com/stocks/ARWR/) | $249.0K | 3,750 | 0.1% | 1 |
| LINDBLAD EXPEDITIONS HLDGS I | [LIND](https://holderbook.com/stocks/LIND/) | $173.0K | 12,000 | 0.0% | 15 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +7.7% | +7.8% | -0.1% | 100% |
| Q2 2025 | +5.1% | +10.5% | -5.4% | 100% |
| Q1 2025 | -2.1% | -4.6% | +2.4% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.6% | 100% |
| Q3 2024 | +6.0% | +5.4% | +0.6% | 100% |
| Q2 2024 | +0.8% | +4.0% | -3.2% | 100% |
| Q1 2024 | +5.0% | +10.0% | -5.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $462.6M | 30 |
| Q3 2025 | $459.8M | 29 |
| Q2 2025 | $441.2M | 29 |
| Q1 2025 | $442.2M | 31 |
| Q4 2024 | $464.3M | 32 |
| Q3 2024 | $462.3M | 33 |
| Q2 2024 | $433.6M | 33 |
| Q1 2024 | $428.7M | 35 |
| Q4 2023 | $454.6M | 41 |
| Q3 2023 | $398.9M | 39 |
| Q2 2023 | $389.2M | 36 |
| Q1 2023 | $360.5M | 36 |