# Torch Wealth Management LLC

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1598898. Source: https://holderbook.com/funds/1598898-torch-wealth-management-llc/

- Reported value: $181.0M
- Positions: 111
- Weight of the ten largest: 35.9%
- Filed: 2020-02-25

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 |
|---|---|---|---|---|---|
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $13.3M | 106,602 | 7.4% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $11.3M | 38,598 | 6.3% | 5 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $8.8M | 42,854 | 4.9% | 5 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $8.0M | 95,386 | 4.4% | 5 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $5.2M | 56,685 | 2.9% | 5 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $4.2M | 29,216 | 2.3% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.8M | 20,298 | 2.1% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.8M | 27,250 | 2.1% | 5 |
| ISHARES GOLD TRUST | [IAUXXXX](https://holderbook.com/stocks/IAUXXXX/) | $3.3M | 226,934 | 1.8% | 5 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $3.3M | 13,526 | 1.8% | 5 |
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $3.2M | 8,853 | 1.8% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $3.2M | 61,083 | 1.8% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.0M | 9,378 | 1.7% | 5 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $2.9M | 49,196 | 1.6% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.9M | 18,423 | 1.6% | 5 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.9M | 21,177 | 1.6% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $2.8M | 47,995 | 1.6% | 5 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $2.7M | 22,426 | 1.5% | 5 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.7M | 38,100 | 1.5% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.7M | 18,183 | 1.5% | 5 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $2.5M | 10,873 | 1.4% | 5 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.5M | 27,750 | 1.4% | 5 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $2.5M | 16,104 | 1.4% | 5 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $2.5M | 23,475 | 1.4% | 5 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $2.3M | 26,795 | 1.3% | 5 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $2.3M | 42,664 | 1.3% | 4 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.3M | 26,076 | 1.3% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.2M | 9,805 | 1.2% | 5 |
| UNITED TECHNOLOGIES CORP | [UTX](https://holderbook.com/stocks/UTX/) | $2.1M | 14,172 | 1.2% | 5 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $2.0M | 33,328 | 1.1% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.0M | 10,268 | 1.1% | 5 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $2.0M | 5,742 | 1.1% | 5 |
| EPR PPTYS | [EPR](https://holderbook.com/stocks/EPR/) | $1.9M | 27,155 | 1.1% | 5 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.9M | 31,133 | 1.1% | 5 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $1.8M | 19,816 | 1.0% | 5 |
| INVESCO EXCH TRADED FD TR II | [PGX](https://holderbook.com/stocks/PGX/) | $1.8M | 117,981 | 1.0% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.8M | 13,333 | 1.0% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $1.7M | 5 | 0.9% | 5 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $1.7M | 26,020 | 0.9% | 5 |
| ISHARES TR | [IBB](https://holderbook.com/stocks/IBB/) | $1.7M | 13,758 | 0.9% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $1.6M | 41,234 | 0.9% | 5 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $1.6M | 22,930 | 0.9% | 5 |
| CORESITE RLTY CORP | [COR](https://holderbook.com/stocks/COR/) | $1.5M | 13,163 | 0.8% | 5 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $1.5M | 10,675 | 0.8% | 5 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $1.4M | 13,505 | 0.8% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.4M | 11,504 | 0.8% | 5 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $1.4M | 21,250 | 0.8% | 5 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.3M | 7,455 | 0.7% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 21,750 | 0.7% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.3M | 704 | 0.7% | 5 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.2M | 23,050 | 0.7% | 4 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $1.2M | 7,992 | 0.7% | 5 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $1.2M | 52,478 | 0.7% | 5 |
| OLD DOMINION FREIGHT LINE IN | [ODFL](https://holderbook.com/stocks/ODFL/) | $1.2M | 6,073 | 0.6% | 5 |
| WALGREENS BOOTS ALLIANCE INC | [WBA](https://holderbook.com/stocks/WBA/) | $1.1M | 19,250 | 0.6% | 3 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $1.1M | 26,662 | 0.6% | 5 |
| WABTEC | [WAB](https://holderbook.com/stocks/WAB/) | $1.0M | 13,220 | 0.6% | 4 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $1.0M | 33,800 | 0.6% | 5 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $968.0K | 10,345 | 0.5% | 2 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $899.0K | 15,186 | 0.5% | 5 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $859.0K | 21,999 | 0.5% | 5 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $847.0K | 4,690 | 0.5% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $817.0K | 5,536 | 0.5% | 4 |
| AMN HEALTHCARE SVCS INC | [AMN](https://holderbook.com/stocks/AMN/) | $761.0K | 12,225 | 0.4% | 5 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $744.0K | 9,142 | 0.4% | 5 |
| CENCORA INC | [COR](https://holderbook.com/stocks/COR/) | $727.0K | 8,553 | 0.4% | 5 |
| GENERAL ELECTRIC CO | [GEXXXX](https://holderbook.com/stocks/GEXXXX/) | $652.0K | 58,503 | 0.4% | 5 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $623.0K | 10,380 | 0.3% | 5 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $614.0K | 4,303 | 0.3% | 5 |
| SKECHERS U S A INC | [SKX](https://holderbook.com/stocks/SKX/) | $590.0K | 13,675 | 0.3% | 4 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $566.0K | 4,354 | 0.3% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $559.0K | 6,320 | 0.3% | 5 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $519.0K | 9,695 | 0.3% | 5 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $496.0K | 988 | 0.3% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $458.0K | 1,900 | 0.3% | 5 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $449.0K | 6,210 | 0.2% | 5 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $421.0K | 3,900 | 0.2% | 5 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $417.0K | 6,805 | 0.2% | 5 |
| OGE ENERGY CORP | [OGE](https://holderbook.com/stocks/OGE/) | $409.0K | 9,200 | 0.2% | 5 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $389.0K | 6,184 | 0.2% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $387.0K | 1,776 | 0.2% | 5 |
| MONSTER BEVERAGE CORP NEW | [MNST](https://holderbook.com/stocks/MNST/) | $363.0K | 5,713 | 0.2% | 5 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $360.0K | 6,225 | 0.2% | 5 |
| ADVANCED DRAIN SYS INC DEL | [WMS](https://holderbook.com/stocks/WMS/) | $348.0K | 8,980 | 0.2% | 5 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $342.0K | 1,770 | 0.2% | 5 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $336.0K | 1,902 | 0.2% | 5 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $328.0K | 1,007 | 0.2% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $324.0K | 6,775 | 0.2% | 5 |
| MARVELL TECHNOLOGY GROUP LTD | [MRVLXXXX](https://holderbook.com/stocks/MRVLXXXX/) | $314.0K | 11,850 | 0.2% | 1 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $313.0K | 1,065 | 0.2% | 5 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $311.0K | 3,298 | 0.2% | 5 |
| PIMCO ETF TR | [HYS](https://holderbook.com/stocks/HYS/) | $294.0K | 2,950 | 0.2% | 5 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $273.0K | 3,301 | 0.2% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $272.0K | 1,160 | 0.2% | 4 |
| GENERAC HLDGS INC | [GNRC](https://holderbook.com/stocks/GNRC/) | $271.0K | 2,700 | 0.1% | 2 |
| FLOWSERVE CORP | [FLS](https://holderbook.com/stocks/FLS/) | $265.0K | 5,339 | 0.1% | 5 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $264.0K | 2,056 | 0.1% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $257.0K | 797 | 0.1% | 4 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $253.0K | 8,232 | 0.1% | 5 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $248.0K | 2,925 | 0.1% | 5 |

## 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 2019 | +7.2% | +8.5% | -1.3% | 100% |
| Q3 2019 | +2.4% | +1.3% | +1.1% | 100% |
| Q2 2019 | +3.7% | +3.7% | -0.1% | 100% |
| Q1 2019 | +11.1% | +13.0% | -1.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $181.0M | 111 |
| Q3 2019 | $168.9M | 108 |
| Q2 2019 | $166.7M | 106 |
| Q1 2019 | $161.8M | 105 |
| Q4 2018 | $139.6M | 95 |