# Transform Wealth, LLC

> Institutional holdings reported to the SEC as of Q1 2025 on Form 13F. CIK 1682266. Source: https://holderbook.com/funds/1682266-transform-wealth-llc/

- Reported value: $1.7B
- Positions: 242
- Weight of the ten largest: 38.5%
- Filed: 2025-04-15

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 |
|---|---|---|---|---|---|
| POWELL INDS INC | [POWL](https://holderbook.com/stocks/POWL/) | $277.3M | 1,627,909 | 16.8% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $64.8M | 291,582 | 3.9% | 26 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $60.6M | 601,611 | 3.7% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $56.6M | 150,910 | 3.4% | 26 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $31.8M | 293,259 | 1.9% | 10 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $31.5M | 318,010 | 1.9% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $30.6M | 160,930 | 1.9% | 26 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $28.6M | 170,848 | 1.7% | 26 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $27.1M | 291,475 | 1.6% | 26 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $27.1M | 110,301 | 1.6% | 26 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $23.3M | 1,084,059 | 1.4% | 26 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $23.3M | 150,577 | 1.4% | 26 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $22.9M | 44,559 | 1.4% | 24 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $22.2M | 116,629 | 1.3% | 26 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $21.3M | 427,546 | 1.3% | 26 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $20.9M | 38,187 | 1.3% | 20 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $19.4M | 220,655 | 1.2% | 9 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $19.0M | 90,628 | 1.1% | 26 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $17.9M | 150,557 | 1.1% | 26 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $17.8M | 302,683 | 1.1% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $17.8M | 18,859 | 1.1% | 26 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $17.3M | 237,423 | 1.0% | 2 |
| MCKESSON CORP | [MCK](https://holderbook.com/stocks/MCK/) | $16.1M | 23,919 | 1.0% | 11 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $16.0M | 51,367 | 1.0% | 26 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $16.0M | 104,512 | 1.0% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $15.7M | 27,910 | 0.9% | 26 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $15.4M | 91,885 | 0.9% | 24 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $15.3M | 26,548 | 0.9% | 5 |
| JANUS DETROIT STR TR | [JMBS](https://holderbook.com/stocks/JMBS/) | $15.1M | 334,255 | 0.9% | 3 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $15.0M | 146,854 | 0.9% | 4 |
| FIRST TR EXCH TRADED FD III | [FPE](https://holderbook.com/stocks/FPE/) | $15.0M | 850,386 | 0.9% | 26 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $14.9M | 74,016 | 0.9% | 13 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $14.9M | 55,565 | 0.9% | 3 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $14.3M | 69,146 | 0.9% | 24 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $13.9M | 52,140 | 0.8% | 8 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $13.7M | 24,975 | 0.8% | 26 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $13.6M | 14,597 | 0.8% | 3 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $13.2M | 42,084 | 0.8% | 11 |
| COCA-COLA EUROPACIFIC PARTNE | [CCEP](https://holderbook.com/stocks/CCEP/) | $12.8M | 146,990 | 0.8% | 5 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $12.7M | 127,944 | 0.8% | 9 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $12.4M | 40,844 | 0.7% | 13 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $12.4M | 101,416 | 0.7% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $12.3M | 14,912 | 0.7% | 10 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $12.0M | 24,728 | 0.7% | 12 |
| VANECK ETF TRUST | [FLTR](https://holderbook.com/stocks/FLTR/) | $11.9M | 467,309 | 0.7% | 1 |
| INVESCO EXCH TRADED FD TR II | [BKLN](https://holderbook.com/stocks/BKLN/) | $11.8M | 567,835 | 0.7% | 8 |
| CRH PLC | [CRH](https://holderbook.com/stocks/CRH/) | $11.5M | 130,233 | 0.7% | 7 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $11.3M | 53,417 | 0.7% | 26 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $11.0M | 131,101 | 0.7% | 2 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $10.9M | 42,983 | 0.7% | 7 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $10.9M | 29,675 | 0.7% | 26 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $10.4M | 18,605 | 0.6% | 26 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $10.4M | 51,620 | 0.6% | 3 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $10.3M | 35,586 | 0.6% | 10 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $10.2M | 42,086 | 0.6% | 7 |
| PIMCO ETF TR | [LONZ](https://holderbook.com/stocks/LONZ/) | $9.7M | 193,456 | 0.6% | 8 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $9.3M | 66,408 | 0.6% | 5 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $9.1M | 19,622 | 0.6% | 8 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $9.0M | 25,904 | 0.5% | 26 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $7.9M | 20,613 | 0.5% | 26 |
| J P MORGAN EXCHANGE TRADED F | [JSCP](https://holderbook.com/stocks/JSCP/) | $7.8M | 164,368 | 0.5% | 13 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $7.7M | 27,298 | 0.5% | 2 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $7.3M | 1,585 | 0.4% | 1 |
| PGIM ETF TR | [PULS](https://holderbook.com/stocks/PULS/) | $6.4M | 128,603 | 0.4% | 10 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.1M | 39,051 | 0.4% | 26 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $6.1M | 18,438 | 0.4% | 19 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $6.0M | 8,873 | 0.4% | 7 |
| NORWEGIAN CRUISE LINE HLDGS | [NCLH](https://holderbook.com/stocks/NCLH/) | $6.0M | 317,943 | 0.4% | 1 |
| DBX ETF TR | [HYLB](https://holderbook.com/stocks/HYLB/) | $6.0M | 166,491 | 0.4% | 3 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $5.7M | 11,458 | 0.3% | 26 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $5.6M | 70,089 | 0.3% | 26 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $5.6M | 79,562 | 0.3% | 1 |
| J P MORGAN EXCHANGE TRADED F | [JMST](https://holderbook.com/stocks/JMST/) | $5.5M | 108,104 | 0.3% | 17 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $5.5M | 15,566 | 0.3% | 10 |
| WASTE MGMT INC DEL | [WM](https://holderbook.com/stocks/WM/) | $4.7M | 20,509 | 0.3% | 11 |
| ISHARES TR | [IGM](https://holderbook.com/stocks/IGM/) | $4.6M | 51,245 | 0.3% | 26 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $4.6M | 78,941 | 0.3% | 2 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $4.4M | 85,606 | 0.3% | 26 |
| FLEXSHARES TR | [QDF](https://holderbook.com/stocks/QDF/) | $4.2M | 61,155 | 0.3% | 26 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $4.2M | 29,741 | 0.3% | 10 |
| VICTORY PORTFOLIOS II | [VFLO](https://holderbook.com/stocks/VFLO/) | $4.1M | 118,520 | 0.2% | 4 |
| STRATEGIC TRUST | [RUNN](https://holderbook.com/stocks/RUNN/) | $3.9M | 118,904 | 0.2% | 7 |
| SERIES PORTFOLIOS TR | [CLOZ](https://holderbook.com/stocks/CLOZ/) | $3.7M | 138,314 | 0.2% | 3 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $3.7M | 131,436 | 0.2% | 26 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $3.5M | 42,845 | 0.2% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $3.4M | 6,900 | 0.2% | 10 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $3.4M | 135,424 | 0.2% | 10 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.4M | 20,248 | 0.2% | 3 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $3.2M | 13,817 | 0.2% | 26 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $3.2M | 4 | 0.2% | 1 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $3.2M | 27,573 | 0.2% | 7 |
| GLOBAL X FDS | [MLPX](https://holderbook.com/stocks/MLPX/) | $3.1M | 48,492 | 0.2% | 10 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $3.1M | 85,858 | 0.2% | 4 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $3.0M | 31,420 | 0.2% | 3 |
| ISHARES TR | [IYF](https://holderbook.com/stocks/IYF/) | $3.0M | 26,476 | 0.2% | 1 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $3.0M | 49,810 | 0.2% | 17 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $3.0M | 95,545 | 0.2% | 2 |
| VANECK ETF TRUST | [MOAT](https://holderbook.com/stocks/MOAT/) | $2.9M | 33,316 | 0.2% | 7 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $2.7M | 40,366 | 0.2% | 10 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $2.7M | 45,195 | 0.2% | 2 |

## 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 |
|---|---|---|---|---|
| Q1 2025 | -7.1% | -4.6% | -2.5% | 100% |
| Q4 2024 | +1.3% | +2.1% | -0.9% | 100% |
| Q3 2024 | +13.3% | +5.4% | +7.8% | 100% |
| Q2 2024 | +2.9% | +4.0% | -1.1% | 100% |
| Q1 2024 | +9.0% | +10.0% | -1.1% | 100% |
| Q4 2023 | +9.4% | +11.2% | -1.8% | 100% |
| Q3 2023 | -2.0% | -3.6% | +1.6% | 100% |
| Q2 2023 | +5.6% | +8.3% | -2.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2025 | $1.7B | 242 |
| Q4 2024 | $1.8B | 261 |
| Q3 2024 | $1.5B | 216 |
| Q2 2024 | $1.3B | 213 |
| Q1 2024 | $1.1B | 219 |
| Q4 2023 | $1.0B | 239 |
| Q3 2023 | $948.1M | 237 |
| Q2 2023 | $1.1B | 257 |
| Q1 2023 | $1.1B | 251 |
| Q4 2022 | $892.0M | 217 |
| Q3 2022 | $769.2M | 184 |
| Q2 2022 | $672.2M | 199 |