# Loveless Wealth Management LLC

> Institutional holdings reported to the SEC as of Q2 2022 on Form 13F. CIK 1798026. Source: https://holderbook.com/funds/1798026-loveless-wealth-management-llc/

- Reported value: $152.7M
- Positions: 122
- Weight of the ten largest: 27.6%
- Filed: 2022-07-22

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 |
|---|---|---|---|---|---|
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $8.8M | 102,737 | 5.8% | 11 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $4.5M | 65,554 | 2.9% | 11 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $4.3M | 60,799 | 2.8% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.8M | 25,045 | 2.5% | 11 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $3.8M | 29,949 | 2.5% | 11 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $3.7M | 12,457 | 2.4% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.6M | 26,286 | 2.4% | 11 |
| SELECT SECTOR SPDR TR | [XLP](https://holderbook.com/stocks/XLP/) | $3.5M | 48,171 | 2.3% | 11 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.1M | 17,320 | 2.0% | 11 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $3.0M | 41,092 | 2.0% | 11 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $2.8M | 51,525 | 1.8% | 11 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $2.8M | 38,721 | 1.8% | 11 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $2.7M | 21,267 | 1.8% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $2.7M | 15,055 | 1.7% | 11 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $2.6M | 32,950 | 1.7% | 9 |
| NUTRIEN LTD | [NTR](https://holderbook.com/stocks/NTR/) | $2.5M | 31,500 | 1.6% | 11 |
| ZOETIS INC | [ZTS](https://holderbook.com/stocks/ZTS/) | $2.3M | 13,289 | 1.5% | 11 |
| MDU RES GROUP INC | [MDU](https://holderbook.com/stocks/MDU/) | $2.3M | 83,983 | 1.5% | 11 |
| SELECT SECTOR SPDR TR | [XLY](https://holderbook.com/stocks/XLY/) | $2.2M | 16,286 | 1.5% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.2M | 8,703 | 1.5% | 11 |
| GLACIER BANCORP INC NEW | [GBCI](https://holderbook.com/stocks/GBCI/) | $2.2M | 46,453 | 1.4% | 11 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.2M | 17,218 | 1.4% | 11 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.1M | 14,840 | 1.4% | 11 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $2.1M | 66,956 | 1.4% | 11 |
| BLACKROCK UTILS INFRASTRUCTU | [BUI](https://holderbook.com/stocks/BUI/) | $2.1M | 95,730 | 1.4% | 11 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $2.1M | 20,580 | 1.4% | 11 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.9M | 3,891 | 1.2% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.9M | 7,496 | 1.2% | 11 |
| WEYERHAEUSER CO | [WY](https://holderbook.com/stocks/WY/) | $1.8M | 55,109 | 1.2% | 11 |
| AZENTA INC | [AZTA](https://holderbook.com/stocks/AZTA/) | $1.8M | 24,329 | 1.1% | 11 |
| FIRST INTST BANCSYSTEM INC | [FIBK](https://holderbook.com/stocks/FIBK/) | $1.7M | 43,980 | 1.1% | 11 |
| KIMBERLY-CLARK CORP | [KMB](https://holderbook.com/stocks/KMB/) | $1.7M | 12,345 | 1.1% | 11 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $1.6M | 18,155 | 1.0% | 9 |
| SELECT SECTOR SPDR TR | [XLRE](https://holderbook.com/stocks/XLRE/) | $1.6M | 38,626 | 1.0% | 11 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.5M | 7,117 | 1.0% | 11 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $1.4M | 14,755 | 0.9% | 11 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.4M | 22,675 | 0.9% | 11 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $1.3M | 5,655 | 0.9% | 11 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $1.3M | 26,181 | 0.9% | 11 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $1.3M | 10,373 | 0.9% | 11 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.3M | 12,060 | 0.9% | 11 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $1.3M | 41,937 | 0.9% | 11 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $1.3M | 30,613 | 0.9% | 11 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.3M | 13,797 | 0.9% | 11 |
| SPDR SERIES TRUST | [XHB](https://holderbook.com/stocks/XHB/) | $1.3M | 23,303 | 0.8% | 9 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $1.2M | 4,445 | 0.8% | 11 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $1.2M | 17,024 | 0.8% | 11 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $1.2M | 15,182 | 0.8% | 11 |
| COHEN & STEERS INFRASTRUCTUR | [UTF](https://holderbook.com/stocks/UTF/) | $1.1M | 43,341 | 0.7% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.0M | 6,720 | 0.7% | 11 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.0M | 5,585 | 0.7% | 11 |
| FIDELITY COVINGTON TRUST | [FHLC](https://holderbook.com/stocks/FHLC/) | $1.0M | 16,593 | 0.7% | 6 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $936.0K | 10,421 | 0.6% | 11 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $921.0K | 20,614 | 0.6% | 11 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $917.0K | 29,095 | 0.6% | 11 |
| BLACK HILLS CORP | [BKH](https://holderbook.com/stocks/BKH/) | $913.0K | 12,540 | 0.6% | 11 |
| TARGET CORP | - | $913.0K | 6,468 | 0.6% | 3 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $894.0K | 15,390 | 0.6% | 11 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $882.0K | 17,277 | 0.6% | 9 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $854.0K | 2,708 | 0.6% | 11 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $838.0K | 1,950 | 0.5% | 11 |
| TE CONNECTIVITY LTD | [TELXXXX](https://holderbook.com/stocks/TELXXXX/) | $833.0K | 7,365 | 0.5% | 11 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $818.0K | 13,109 | 0.5% | 9 |
| TRAVELERS COMPANIES INC | - | $798.0K | 4,720 | 0.5% | 3 |
| JANUS DETROIT STR TR | [VNLA](https://holderbook.com/stocks/VNLA/) | $771.0K | 15,860 | 0.5% | 9 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $745.0K | 11,785 | 0.5% | 11 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $739.0K | 6,890 | 0.5% | 6 |
| WHITESTONE REIT | [WSR](https://holderbook.com/stocks/WSR/) | $721.0K | 67,080 | 0.5% | 11 |
| INVESCO EXCHANGE TRADED FD T | [PBE](https://holderbook.com/stocks/PBE/) | $720.0K | 12,470 | 0.5% | 11 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $708.0K | 4,207 | 0.5% | 11 |
| FIDELITY COVINGTON TRUST | [FSTA](https://holderbook.com/stocks/FSTA/) | $699.0K | 16,162 | 0.5% | 4 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $671.0K | 5,705 | 0.4% | 11 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $668.0K | 3,823 | 0.4% | 11 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $667.0K | 4,961 | 0.4% | 4 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $657.0K | 3,782 | 0.4% | 5 |
| GLAXOSMITHKLINE PLC | [GSKXXXX](https://holderbook.com/stocks/GSKXXXX/) | $653.0K | 15,010 | 0.4% | 11 |
| SPDR SERIES TRUST | [CWB](https://holderbook.com/stocks/CWB/) | $616.0K | 9,540 | 0.4% | 9 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $604.0K | 3,622 | 0.4% | 9 |
| V F CORP | [VFC](https://holderbook.com/stocks/VFC/) | $595.0K | 13,465 | 0.4% | 11 |
| SONY GROUP CORP | [SONY](https://holderbook.com/stocks/SONY/) | $583.0K | 7,125 | 0.4% | 11 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $581.0K | 6,020 | 0.4% | 5 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $575.0K | 2,110 | 0.4% | 11 |
| ROYAL BK CDA | [RY](https://holderbook.com/stocks/RY/) | $551.0K | 5,695 | 0.4% | 8 |
| PACCAR INC | [PCAR](https://holderbook.com/stocks/PCAR/) | $523.0K | 6,348 | 0.3% | 11 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $517.0K | 3,782 | 0.3% | 11 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $496.0K | 10,770 | 0.3% | 11 |
| GARMIN LTD | [GRMN](https://holderbook.com/stocks/GRMN/) | $493.0K | 5,018 | 0.3% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $485.0K | 945 | 0.3% | 4 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $484.0K | 3,738 | 0.3% | 8 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $465.0K | 9,481 | 0.3% | 11 |
| HERSHEY CO | [HSY](https://holderbook.com/stocks/HSY/) | $463.0K | 2,150 | 0.3% | 11 |
| BLOCK INC | [XYZ](https://holderbook.com/stocks/XYZ/) | $451.0K | 7,330 | 0.3% | 11 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $428.0K | 2,955 | 0.3% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $400.0K | 3,765 | 0.3% | 11 |
| INTEGRA LIFESCIENCES HLDGS C | [IART](https://holderbook.com/stocks/IART/) | $394.0K | 7,290 | 0.3% | 11 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $394.0K | 10,531 | 0.3% | 11 |
| VANECK ETF TRUST | [ITM](https://holderbook.com/stocks/ITM/) | $387.0K | 8,475 | 0.3% | 9 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $381.0K | 1,917 | 0.2% | 7 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $379.0K | 1,900 | 0.2% | 11 |
| GENERAL MILLS INC | [GIS](https://holderbook.com/stocks/GIS/) | $369.0K | 4,895 | 0.2% | 4 |

## 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 |
|---|---|---|---|---|
| Q2 2022 | -12.7% | -16.5% | +3.8% | 100% |
| Q1 2022 | -2.1% | -4.9% | +2.8% | 100% |
| Q4 2021 | +8.6% | +10.7% | -2.1% | 100% |
| Q3 2021 | -2.1% | +0.3% | -2.3% | 100% |
| Q2 2021 | +4.6% | +8.0% | -3.4% | 100% |
| Q1 2021 | +8.4% | +6.0% | +2.4% | 100% |
| Q4 2020 | +13.5% | +11.6% | +1.8% | 100% |
| Q3 2020 | +6.5% | +8.6% | -2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2022 | $152.7M | 122 |
| Q1 2022 | $177.0M | 129 |
| Q4 2021 | $182.1M | 130 |
| Q3 2021 | $164.3M | 129 |
| Q2 2021 | $164.4M | 124 |
| Q1 2021 | $151.5M | 119 |
| Q4 2020 | $135.6M | 116 |
| Q3 2020 | $118.6M | 113 |
| Q2 2020 | $107.3M | 113 |
| Q1 2020 | $84.9M | 96 |
| Q4 2019 | $116.0M | 116 |