# FOREFRONT WEALTH MANAGEMENT INC.

> Institutional holdings reported to the SEC as of Q4 2025 on Form 13F. CIK 1904828. Source: https://holderbook.com/funds/1904828-forefront-wealth-management-inc/

- Reported value: $139.4M
- Positions: 71
- Weight of the ten largest: 50.3%
- Filed: 2026-01-23

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 |
|---|---|---|---|---|---|
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $10.5M | 182,906 | 7.5% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $10.3M | 21,200 | 7.4% | 13 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $8.2M | 35,734 | 5.9% | 13 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $7.6M | 24,945 | 5.4% | 8 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $7.1M | 26,215 | 5.1% | 13 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $6.9M | 22,112 | 5.0% | 13 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $6.9M | 118,017 | 4.9% | 5 |
| ANGLOGOLD ASHANTI PLC | [AU](https://holderbook.com/stocks/AU/) | $4.7M | 54,572 | 3.3% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $4.1M | 4,727 | 2.9% | 12 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $4.0M | 19,337 | 2.8% | 5 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $3.9M | 6,751 | 2.8% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JPIE](https://holderbook.com/stocks/JPIE/) | $3.4M | 73,147 | 2.4% | 3 |
| ABRDN SILVER ETF TRUST | [SIVR](https://holderbook.com/stocks/SIVR/) | $3.3M | 48,510 | 2.4% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.1M | 9,598 | 2.2% | 13 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.0M | 4,545 | 2.2% | 13 |
| FIRST TR EXCHANGE-TRADED FD | [FDD](https://holderbook.com/stocks/FDD/) | $2.7M | 155,060 | 1.9% | 3 |
| ISHARES TR | [EWJV](https://holderbook.com/stocks/EWJV/) | $2.7M | 68,138 | 1.9% | 6 |
| SPDR INDEX SHS FDS | [FEZ](https://holderbook.com/stocks/FEZ/) | $2.7M | 41,821 | 1.9% | 7 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $2.7M | 14,896 | 1.9% | 5 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.6M | 34,812 | 1.8% | 12 |
| WISDOMTREE TR | [EPI](https://holderbook.com/stocks/EPI/) | $2.5M | 54,126 | 1.8% | 5 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $2.4M | 18,828 | 1.7% | 13 |
| GOLDMAN SACHS ETF TR | [GPIX](https://holderbook.com/stocks/GPIX/) | $2.2M | 42,172 | 1.6% | 5 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $2.2M | 2,849 | 1.6% | 13 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $2.1M | 2,833 | 1.5% | 13 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $2.1M | 28,631 | 1.5% | 11 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.0M | 6,492 | 1.4% | 5 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $1.7M | 8,415 | 1.2% | 5 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $1.5M | 2,392 | 1.1% | 3 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $1.3M | 11,726 | 1.0% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.3M | 3,950 | 0.9% | 13 |
| NOVO-NORDISK A S | [NVO](https://holderbook.com/stocks/NVO/) | $1.3M | 25,451 | 0.9% | 1 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $1.3M | 3,869 | 0.9% | 5 |
| GOLDMAN SACHS ETF TR | [GPIQ](https://holderbook.com/stocks/GPIQ/) | $1.3M | 23,769 | 0.9% | 5 |
| GOLDMAN SACHS PHYSICAL GOLD | [AAAU](https://holderbook.com/stocks/AAAU/) | $1.3M | 29,401 | 0.9% | 3 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.1M | 10,072 | 0.8% | 13 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $974.5K | 8,013 | 0.7% | 12 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $948.4K | 11,607 | 0.7% | 2 |
| VENTURE GLOBAL INC | [VG](https://holderbook.com/stocks/VG/) | $660.0K | 96,779 | 0.5% | 4 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $613.6K | 3,290 | 0.4% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $578.3K | 848 | 0.4% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $516.4K | 20,738 | 0.4% | 13 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $460.6K | 952 | 0.3% | 13 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $449.7K | 3,737 | 0.3% | 13 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $413.4K | 1,809 | 0.3% | 13 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $412.7K | 5,299 | 0.3% | 4 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $369.7K | 4,000 | 0.3% | 13 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $357.5K | 570 | 0.3% | 5 |
| BLACKSTONE INC | [BX](https://holderbook.com/stocks/BX/) | $310.3K | 2,013 | 0.2% | 6 |
| SAFE PRO GROUP INC | [SPAI](https://holderbook.com/stocks/SPAI/) | $282.5K | 67,900 | 0.2% | 2 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $266.7K | 6,247 | 0.2% | 1 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $265.6K | 1,494 | 0.2% | 3 |
| DT MIDSTREAM INC | [DTM](https://holderbook.com/stocks/DTM/) | $259.6K | 2,169 | 0.2% | 5 |
| CURTISS WRIGHT CORP | [CW](https://holderbook.com/stocks/CW/) | $255.8K | 464 | 0.2% | 3 |
| BANK OF NY MELLON CORP | [BNY](https://holderbook.com/stocks/BNY/) | $254.8K | 2,195 | 0.2% | 3 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $251.1K | 2,880 | 0.2% | 5 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $245.2K | 279 | 0.2% | 2 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $245.0K | 1,813 | 0.2% | 2 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $239.3K | 677 | 0.2% | 5 |
| NRG ENERGY INC | [NRG](https://holderbook.com/stocks/NRG/) | $236.8K | 1,487 | 0.2% | 3 |
| THE TRADE DESK INC | [TTD](https://holderbook.com/stocks/TTD/) | $231.3K | 6,092 | 0.2% | 1 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $229.0K | 1,196 | 0.2% | 12 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $214.5K | 724 | 0.2% | 3 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $213.2K | 2,135 | 0.2% | 1 |
| ROIVANT SCIENCES LTD | [ROIV](https://holderbook.com/stocks/ROIV/) | $208.8K | 9,622 | 0.1% | 1 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $205.0K | 2,199 | 0.1% | 1 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $204.5K | 995 | 0.1% | 1 |
| GUARDANT HEALTH INC | [GH](https://holderbook.com/stocks/GH/) | $204.3K | 2,000 | 0.1% | 1 |
| UNITED STATES ANTIMONY CORP | [UAMY](https://holderbook.com/stocks/UAMY/) | $118.6K | 23,624 | 0.1% | 1 |
| AUTOLUS THERAPEUTICS LTD | [AUTL](https://holderbook.com/stocks/AUTL/) | $53.5K | 26,870 | 0.0% | 3 |
| REZOLVE AI PLC | [RZLV](https://holderbook.com/stocks/RZLV/) | $35.3K | 13,750 | 0.0% | 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 |
|---|---|---|---|---|
| Q4 2025 | +2.5% | +2.4% | +0.2% | 100% |
| Q3 2025 | +8.2% | +7.8% | +0.4% | 100% |
| Q2 2025 | +9.4% | +10.5% | -1.0% | 100% |
| Q1 2025 | -3.4% | -4.6% | +1.2% | 100% |
| Q4 2023 | +9.7% | +11.2% | -1.5% | 100% |
| Q3 2023 | -4.0% | -3.6% | -0.4% | 100% |
| Q2 2023 | +4.3% | +8.3% | -4.0% | 100% |
| Q1 2023 | +3.8% | +7.0% | -3.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2025 | $139.4M | 71 |
| Q3 2025 | $136.4M | 69 |
| Q2 2025 | $124.7M | 62 |
| Q1 2025 | $108.1M | 48 |
| Q4 2024 | $108.6M | 49 |
| Q3 2023 | $71.3M | 39 |
| Q2 2023 | $75.7M | 40 |
| Q1 2023 | $76.5M | 42 |
| Q4 2022 | $74.2M | 42 |
| Q3 2022 | $71.8M | 44 |
| Q2 2022 | $74.2M | 46 |
| Q1 2022 | $101.1M | 49 |