# Wela Strategies, Inc.

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 1644329. Source: https://holderbook.com/funds/1644329-wela-strategies-inc/

- Reported value: $263.7M
- Positions: 55
- Weight of the ten largest: 77.8%
- Filed: 2025-10-24

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 |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $67.2M | 100,417 | 25.5% | 9 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $29.6M | 1,023,954 | 11.2% | 27 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $25.4M | 227,873 | 9.6% | 27 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $23.2M | 266,184 | 8.8% | 28 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $14.1M | 189,057 | 5.3% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $12.7M | 234,242 | 4.8% | 28 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $11.5M | 126,162 | 4.4% | 28 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $8.3M | 127,135 | 3.1% | 3 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $6.6M | 122,688 | 2.5% | 22 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $6.6M | 47,290 | 2.5% | 25 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $6.4M | 73,795 | 2.4% | 4 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $6.4M | 41,257 | 2.4% | 3 |
| VANECK ETF TRUST | [ANGL](https://holderbook.com/stocks/ANGL/) | $5.9M | 1,624,276 | 2.3% | 23 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $5.4M | 79,604 | 2.1% | 25 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $4.1M | 34,630 | 1.6% | 3 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $2.8M | 35,521 | 1.1% | 28 |
| FIRST TR EXCHANGE-TRADED FD | [EMLP](https://holderbook.com/stocks/EMLP/) | $2.6M | 68,078 | 1.0% | 28 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $2.3M | 29,008 | 0.9% | 3 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $2.3M | 73,828 | 0.9% | 3 |
| VANGUARD BD INDEX FDS | [BLV](https://holderbook.com/stocks/BLV/) | $1.8M | 25,941 | 0.7% | 28 |
| ISHARES TR | [IQLT](https://holderbook.com/stocks/IQLT/) | $1.1M | 24,067 | 0.4% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $995.1K | 1,993 | 0.4% | 3 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $856.5K | 10,158 | 0.3% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $841.2K | 12,295 | 0.3% | 3 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $802.6K | 5,168 | 0.3% | 3 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $800.6K | 827 | 0.3% | 3 |
| SPDR INDEX SHS FDS | [CWI](https://holderbook.com/stocks/CWI/) | $751.7K | 21,526 | 0.3% | 28 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $742.5K | 4,004 | 0.3% | 9 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $741.1K | 4,455 | 0.3% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $713.7K | 1,690 | 0.3% | 21 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $687.7K | 2,970 | 0.3% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $676.7K | 2,037 | 0.3% | 9 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $631.0K | 2,997 | 0.2% | 5 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $587.5K | 2,915 | 0.2% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $556.0K | 2,184 | 0.2% | 3 |
| FLAHERTY & CRUMRINE DYNAMIC | [DFP](https://holderbook.com/stocks/DFP/) | $517.6K | 23,917 | 0.2% | 1 |
| NUVEEN DOW 30 DYNMC OVERWRT | [DIAX](https://holderbook.com/stocks/DIAX/) | $504.6K | 33,891 | 0.2% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $504.0K | 973 | 0.2% | 3 |
| BNY MELLON HIGH YIELD STRATE | [DHF](https://holderbook.com/stocks/DHF/) | $495.5K | 191,315 | 0.2% | 1 |
| BLACKROCK CR ALLOCATION | [BTZ](https://holderbook.com/stocks/BTZ/) | $492.0K | 44,524 | 0.2% | 11 |
| WESTERN ASSET HIGH INCOME OP | [HIO](https://holderbook.com/stocks/HIO/) | $487.7K | 127,018 | 0.2% | 23 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $438.6K | 1,082 | 0.2% | 28 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $420.5K | 1,492 | 0.2% | 3 |
| ACUITY INC | [AYI](https://holderbook.com/stocks/AYI/) | $409.1K | 1,188 | 0.2% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $321.1K | 4,841 | 0.1% | 28 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $312.1K | 11,053 | 0.1% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $301.2K | 1,239 | 0.1% | 2 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $289.9K | 4,300 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $285.2K | 1,363 | 0.1% | 13 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $281.8K | 938 | 0.1% | 3 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $253.2K | 4,908 | 0.1% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $226.4K | 1,213 | 0.1% | 1 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $217.3K | 2,293 | 0.1% | 20 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $207.5K | 269 | 0.1% | 1 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $18.7K | 18,702 | 0.0% | 9 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +4.7% | +7.8% | -3.1% | 100% |
| Q2 2025 | +5.1% | +10.5% | -5.4% | 100% |
| Q1 2025 | -0.3% | -4.6% | +4.2% | 82% |
| Q4 2024 | -3.0% | +2.1% | -5.2% | 99% |
| Q3 2024 | +6.5% | +5.4% | +1.1% | 100% |
| Q2 2024 | +0.3% | +4.0% | -3.7% | 100% |
| Q1 2024 | +4.0% | +10.0% | -6.1% | 100% |
| Q4 2023 | +8.7% | +11.2% | -2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $263.7M | 55 |
| Q2 2025 | $253.4M | 53 |
| Q1 2025 | $236.9M | 52 |
| Q4 2024 | $232.0M | 53 |
| Q3 2024 | $229.4M | 52 |
| Q2 2024 | $214.7M | 50 |
| Q1 2024 | $211.6M | 50 |
| Q4 2023 | $186.2M | 49 |
| Q3 2023 | $167.3M | 45 |
| Q2 2023 | $130.0M | 40 |
| Q1 2023 | $186.8M | 46 |
| Q4 2022 | $178.0M | 45 |