# Ameliora Wealth Management Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1910168. Source: https://holderbook.com/funds/1910168-ameliora-wealth-management-ltd/

- Reported value: $336.9M
- Positions: 229
- Weight of the ten largest: 50.9%
- Filed: 2026-07-24

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 | [IGIB](https://holderbook.com/stocks/IGIB/) | $27.7M | 520,969 | 8.2% | 14 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $24.5M | 32,682 | 7.3% | 16 |
| ISHARES TR | [IGSB](https://holderbook.com/stocks/IGSB/) | $22.9M | 437,075 | 6.8% | 18 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $22.9M | 742,057 | 6.8% | 16 |
| ISHARES TR | [IGEB](https://holderbook.com/stocks/IGEB/) | $19.4M | 429,861 | 5.8% | 14 |
| ETFS GOLD TR | [SGOL](https://holderbook.com/stocks/SGOL/) | $17.6M | 460,484 | 5.2% | 16 |
| FIRST TR EXCHANGE TRADED FD | [GRID](https://holderbook.com/stocks/GRID/) | $10.2M | 53,168 | 3.0% | 9 |
| VANGUARD INTL EQUITY INDEX F | [VGK](https://holderbook.com/stocks/VGK/) | $9.4M | 106,153 | 2.8% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $8.7M | 43,464 | 2.6% | 17 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $8.4M | 11,184 | 2.5% | 19 |
| DBX ETF TR | [DBJP](https://holderbook.com/stocks/DBJP/) | $7.8M | 68,108 | 2.3% | 16 |
| FIRST TR EXCHANGE-TRADED FD | [SDVY](https://holderbook.com/stocks/SDVY/) | $7.7M | 177,466 | 2.3% | 6 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $6.5M | 8,788 | 1.9% | 16 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $6.4M | 64,790 | 1.9% | 18 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $6.2M | 16,533 | 1.9% | 14 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.9M | 20,218 | 1.7% | 16 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $5.5M | 15,438 | 1.6% | 16 |
| ISHARES INC | [EWL](https://holderbook.com/stocks/EWL/) | $5.3M | 84,395 | 1.6% | 13 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $5.1M | 85,039 | 1.5% | 4 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $5.1M | 36,160 | 1.5% | 16 |
| ISHARES INC | [EWG](https://holderbook.com/stocks/EWG/) | $5.1M | 122,203 | 1.5% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $4.4M | 13,586 | 1.3% | 16 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.2M | 11,334 | 1.3% | 19 |
| ISHARES TR | [EUFN](https://holderbook.com/stocks/EUFN/) | $4.1M | 106,150 | 1.2% | 4 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.7M | 15,411 | 1.1% | 19 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $3.6M | 10,604 | 1.1% | 16 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $3.6M | 23,111 | 1.1% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $3.5M | 30,997 | 1.0% | 19 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $3.4M | 22,173 | 1.0% | 15 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $3.0M | 2,959 | 0.9% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.4M | 6,896 | 0.7% | 19 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.2M | 4,215 | 0.6% | 16 |
| ISHARES U S ETF TR | [NEAR](https://holderbook.com/stocks/NEAR/) | $2.0M | 39,287 | 0.6% | 16 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.9M | 1,685 | 0.6% | 16 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $1.9M | 25,402 | 0.6% | 7 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.9M | 5,426 | 0.5% | 16 |
| SOFI TECHNOLOGIES INC | [SOFI](https://holderbook.com/stocks/SOFI/) | $1.8M | 100,000 | 0.5% | 2 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.8M | 1,486 | 0.5% | 16 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $1.7M | 31,210 | 0.5% | 6 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.7M | 4,000 | 0.5% | 16 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $1.7M | 2,304 | 0.5% | 14 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.6M | 4,381 | 0.5% | 16 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $1.5M | 16,163 | 0.4% | 16 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.3M | 3,649 | 0.4% | 14 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $1.3M | 1,920 | 0.4% | 11 |
| ISHARES TR | [IWY](https://holderbook.com/stocks/IWY/) | $1.2M | 4,068 | 0.4% | 16 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $1.1M | 1,959 | 0.3% | 16 |
| SSGA ACTIVE ETF TR | [ULST](https://holderbook.com/stocks/ULST/) | $1.1M | 27,767 | 0.3% | 16 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.1M | 1,983 | 0.3% | 16 |
| ISHARES TR | [IYC](https://holderbook.com/stocks/IYC/) | $1.1M | 11,000 | 0.3% | 7 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $1.0M | 4,210 | 0.3% | 7 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.0M | 7,300 | 0.3% | 7 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $943.9K | 12,500 | 0.3% | 7 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $943.2K | 1,975 | 0.3% | 12 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $905.2K | 6,621 | 0.3% | 12 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $814.0K | 9,352 | 0.2% | 6 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $716.7K | 610 | 0.2% | 9 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $703.5K | 3,250 | 0.2% | 15 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $674.5K | 721 | 0.2% | 19 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $660.5K | 1,320 | 0.2% | 16 |
| MARINEMAX INC | [HZO](https://holderbook.com/stocks/HZO/) | $644.5K | 17,600 | 0.2% | 7 |
| ISHARES TR | [FLOT](https://holderbook.com/stocks/FLOT/) | $623.3K | 12,210 | 0.2% | 16 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $615.5K | 7,982 | 0.2% | 7 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $615.1K | 6,480 | 0.2% | 10 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $570.0K | 17,121 | 0.2% | 7 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $564.7K | 740 | 0.2% | 16 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $561.9K | 1,413 | 0.2% | 16 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $536.1K | 10,000 | 0.2% | 7 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $531.8K | 3,629 | 0.2% | 6 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $512.0K | 2,344 | 0.2% | 5 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $487.3K | 5,063 | 0.1% | 16 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $484.5K | 2,923 | 0.1% | 16 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $477.6K | 2,517 | 0.1% | 4 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $467.0K | 5,650 | 0.1% | 8 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $457.5K | 1,842 | 0.1% | 4 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $453.6K | 7,600 | 0.1% | 10 |
| BARCLAYS BANK PLC | [ATMP](https://holderbook.com/stocks/ATMP/) | $439.8K | 12,707 | 0.1% | 4 |
| OREILLY AUTOMOTIVE INC | [ORLY](https://holderbook.com/stocks/ORLY/) | $439.3K | 4,770 | 0.1% | 1 |
| AMPLIFY ETF TR | [HACK](https://holderbook.com/stocks/HACK/) | $419.7K | 4,000 | 0.1% | 7 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $417.0K | 1,960 | 0.1% | 19 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $414.6K | 1,018 | 0.1% | 11 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $409.8K | 5,740 | 0.1% | 15 |
| ISHARES TR | [AQLT](https://holderbook.com/stocks/AQLT/) | $409.7K | 12,997 | 0.1% | 6 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $401.5K | 8,130 | 0.1% | 16 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $371.3K | 6,517 | 0.1% | 16 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $364.2K | 342 | 0.1% | 10 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $354.9K | 4,294 | 0.1% | 16 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $345.8K | 1,750 | 0.1% | 10 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $319.5K | 4,356 | 0.1% | 1 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $289.7K | 792 | 0.1% | 7 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $284.5K | 1,160 | 0.1% | 7 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $276.7K | 163 | 0.1% | 7 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $274.7K | 1,055 | 0.1% | 7 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $269.2K | 804 | 0.1% | 1 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $265.8K | 4,400 | 0.1% | 16 |
| IRON MTN INC DEL | [IRM](https://holderbook.com/stocks/IRM/) | $265.3K | 2,100 | 0.1% | 16 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $263.5K | 1,715 | 0.1% | 7 |
| SPDR INDEX SHS FDS | [FEZ](https://holderbook.com/stocks/FEZ/) | $256.2K | 3,730 | 0.1% | 9 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $254.5K | 605 | 0.1% | 16 |
| GLOBAL X FDS | [COPX](https://holderbook.com/stocks/COPX/) | $250.2K | 3,250 | 0.1% | 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 |
|---|---|---|---|---|
| Q2 2026 | +7.0% | +14.8% | -7.8% | 100% |
| Q1 2026 | -2.3% | -4.6% | +2.3% | 100% |
| Q4 2025 | +2.4% | +2.4% | +0.0% | 100% |
| Q3 2025 | +6.0% | +7.8% | -1.9% | 100% |
| Q2 2025 | +6.1% | +10.5% | -4.3% | 100% |
| Q1 2025 | -1.1% | -4.6% | +3.5% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.6% | 100% |
| Q3 2024 | +4.7% | +5.4% | -0.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $336.9M | 229 |
| Q1 2026 | $313.7M | 232 |
| Q4 2025 | $328.3M | 227 |
| Q3 2025 | $300.3M | 221 |
| Q2 2025 | $279.6M | 214 |
| Q1 2025 | $265.9M | 238 |
| Q4 2024 | $266.5M | 238 |
| Q3 2024 | $239.9M | 163 |
| Q2 2024 | $220.3M | 182 |
| Q1 2024 | $220.6M | 195 |
| Q4 2023 | $201.5M | 184 |
| Q3 2023 | $168.6M | 214 |