# Ledge Wealth Management, Inc.

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1927042. Source: https://holderbook.com/funds/1927042-ledge-wealth-management-inc/

- Reported value: $257.2M
- Positions: 62
- Weight of the ten largest: 60.8%
- Filed: 2024-01-24

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $30.2M | 202,188 | 11.8% | 8 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $26.1M | 263,211 | 10.2% | 6 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $24.6M | 155,901 | 9.6% | 6 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $18.6M | 59,902 | 7.2% | 8 |
| AMERICAN CENTY ETF TR | [MUSI](https://holderbook.com/stocks/MUSI/) | $14.4M | 329,607 | 5.6% | 5 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $11.2M | 298,195 | 4.4% | 8 |
| AMERICAN CENTY ETF TR | [QGRO](https://holderbook.com/stocks/QGRO/) | $10.7M | 140,306 | 4.1% | 1 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $7.2M | 49,901 | 2.8% | 8 |
| SPDR SERIES TRUST | [SLYV](https://holderbook.com/stocks/SLYV/) | $7.0M | 84,165 | 2.7% | 8 |
| VANGUARD SCOTTSDALE FDS | [VCLT](https://holderbook.com/stocks/VCLT/) | $6.3M | 78,897 | 2.5% | 7 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $5.9M | 77,982 | 2.3% | 8 |
| SPDR SERIES TRUST | [SLYG](https://holderbook.com/stocks/SLYG/) | $5.9M | 70,832 | 2.3% | 8 |
| WISDOMTREE TR | [DHS](https://holderbook.com/stocks/DHS/) | $5.0M | 61,342 | 2.0% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.6M | 24,107 | 1.8% | 8 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $4.4M | 19,856 | 1.7% | 8 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.7M | 9,891 | 1.4% | 8 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $3.3M | 89,098 | 1.3% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.3M | 21,541 | 1.3% | 8 |
| QUANTA SVCS INC | [PWR](https://holderbook.com/stocks/PWR/) | $3.0M | 13,863 | 1.2% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.0M | 17,466 | 1.2% | 8 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.8M | 7,982 | 1.1% | 8 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.8M | 8,083 | 1.1% | 8 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $2.7M | 4,163 | 1.1% | 2 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.7M | 19,438 | 1.1% | 8 |
| SPDR INDEX SHS FDS | [CWI](https://holderbook.com/stocks/CWI/) | $2.7M | 101,079 | 1.1% | 8 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.7M | 10,471 | 1.1% | 8 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $2.6M | 15,669 | 1.0% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $2.5M | 15,524 | 1.0% | 8 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.5M | 14,736 | 1.0% | 8 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $2.5M | 51,644 | 1.0% | 8 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $2.5M | 6,139 | 1.0% | 8 |
| JANUS DETROIT STR TR | [VNLA](https://holderbook.com/stocks/VNLA/) | $2.5M | 50,735 | 1.0% | 8 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $2.4M | 8,373 | 0.9% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $2.3M | 4,371 | 0.9% | 8 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $2.3M | 25,163 | 0.9% | 8 |
| ISHARES TR | [IXC](https://holderbook.com/stocks/IXC/) | $2.3M | 57,689 | 0.9% | 7 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $2.2M | 9,036 | 0.8% | 8 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $2.2M | 4,606 | 0.8% | 8 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.9M | 3,267 | 0.7% | 4 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $1.4M | 17,929 | 0.6% | 8 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $1.2M | 8,369 | 0.5% | 8 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.1M | 19,362 | 0.4% | 8 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $922.8K | 8,970 | 0.4% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $682.0K | 4,882 | 0.3% | 8 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $625.6K | 8,924 | 0.2% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $568.4K | 2,396 | 0.2% | 8 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $531.3K | 2,779 | 0.2% | 8 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $499.2K | 1,008 | 0.2% | 8 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $465.6K | 9,216 | 0.2% | 8 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $383.8K | 3,647 | 0.1% | 8 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $325.8K | 5,200 | 0.1% | 8 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $313.6K | 14,400 | 0.1% | 8 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $311.6K | 1,988 | 0.1% | 8 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $273.5K | 4,912 | 0.1% | 8 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $262.9K | 642 | 0.1% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $259.7K | 1,676 | 0.1% | 8 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $247.6K | 3,286 | 0.1% | 8 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $243.5K | 5,084 | 0.1% | 1 |
| ALLETE INC | [ALE](https://holderbook.com/stocks/ALE/) | $225.3K | 3,684 | 0.1% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $224.7K | 2,247 | 0.1% | 1 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $214.5K | 1,259 | 0.1% | 1 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $202.2K | 1,725 | 0.1% | 1 |

## 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 2023 | +9.1% | +11.2% | -2.1% | 100% |
| Q3 2023 | -3.0% | -3.6% | +0.5% | 100% |
| Q2 2023 | +3.3% | +8.3% | -5.0% | 100% |
| Q1 2023 | +1.6% | +7.0% | -5.5% | 100% |
| Q4 2022 | +5.6% | +7.1% | -1.5% | 100% |
| Q3 2022 | -5.2% | -5.3% | +0.1% | 100% |
| Q2 2022 | -12.4% | -16.5% | +4.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $257.2M | 62 |
| Q3 2023 | $222.8M | 60 |
| Q2 2023 | $209.3M | 62 |
| Q1 2023 | $210.9M | 67 |
| Q4 2022 | $219.1M | 73 |
| Q3 2022 | $163.3M | 65 |
| Q2 2022 | $162.7M | 69 |
| Q1 2022 | $160.8M | 72 |