# WATERSHED PRIVATE WEALTH LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1965271. Source: https://holderbook.com/funds/1965271-watershed-private-wealth-llc/

- Reported value: $355.1M
- Positions: 120
- Weight of the ten largest: 55.2%
- Filed: 2026-07-17

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 | [IVV](https://holderbook.com/stocks/IVV/) | $67.9M | 90,706 | 19.1% | 15 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $20.3M | 101,671 | 5.7% | 15 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $20.1M | 203,469 | 5.7% | 15 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $15.7M | 182,632 | 4.4% | 13 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $15.1M | 222,462 | 4.3% | 10 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $12.5M | 57,299 | 3.5% | 15 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $11.9M | 16,129 | 3.3% | 13 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $11.6M | 93,224 | 3.3% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $10.6M | 177,470 | 3.0% | 15 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $10.1M | 131,984 | 2.8% | 11 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $8.0M | 114,095 | 2.2% | 15 |
| ISHARES TR | [LMUB](https://holderbook.com/stocks/LMUB/) | $6.2M | 120,450 | 1.7% | 2 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $5.6M | 5,254 | 1.6% | 15 |
| GLOBAL X FDS | [SHLD](https://holderbook.com/stocks/SHLD/) | $5.4M | 90,329 | 1.5% | 4 |
| INVESCO EXCH TRADED FD TR II | [SPMO](https://holderbook.com/stocks/SPMO/) | $5.1M | 31,857 | 1.4% | 7 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $4.9M | 13,970 | 1.4% | 15 |
| ISHARES TR | [GOVT](https://holderbook.com/stocks/GOVT/) | $4.8M | 208,974 | 1.3% | 2 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $4.5M | 41,773 | 1.3% | 15 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $4.3M | 85,950 | 1.2% | 13 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $4.3M | 12,610 | 1.2% | 15 |
| ISHARES TR | [TLH](https://holderbook.com/stocks/TLH/) | $4.3M | 42,775 | 1.2% | 10 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $4.2M | 87,628 | 1.2% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.2M | 7,509 | 1.2% | 4 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $4.0M | 5,309 | 1.1% | 15 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.8M | 15,820 | 1.1% | 15 |
| COLUMBIA ETF TR II | [XCEM](https://holderbook.com/stocks/XCEM/) | $3.4M | 63,731 | 0.9% | 10 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $3.2M | 11,188 | 0.9% | 15 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.0M | 7,037 | 0.8% | 15 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $3.0M | 13,464 | 0.8% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.8M | 7,691 | 0.8% | 15 |
| SPDR INDEX SHS FDS | [SPDW](https://holderbook.com/stocks/SPDW/) | $2.7M | 53,830 | 0.8% | 15 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $2.6M | 36,584 | 0.7% | 15 |
| BLACKROCK ETF TRUST II | [BINC](https://holderbook.com/stocks/BINC/) | $2.5M | 47,473 | 0.7% | 10 |
| ISHARES TR | [OEF](https://holderbook.com/stocks/OEF/) | $2.2M | 6,144 | 0.6% | 11 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $2.2M | 23,020 | 0.6% | 10 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.8M | 14,497 | 0.5% | 15 |
| DOORDASH INC | [DASH](https://holderbook.com/stocks/DASH/) | $1.8M | 9,657 | 0.5% | 4 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $1.7M | 4,852 | 0.5% | 12 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.6M | 20,100 | 0.5% | 15 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $1.6M | 18,921 | 0.4% | 15 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $1.6M | 17,698 | 0.4% | 15 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $1.5M | 19,873 | 0.4% | 15 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $1.5M | 13,130 | 0.4% | 15 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.4M | 3,851 | 0.4% | 15 |
| DIMENSIONAL ETF TRUST | [DFIV](https://holderbook.com/stocks/DFIV/) | $1.4M | 25,076 | 0.4% | 15 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.3M | 13,794 | 0.4% | 10 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $1.3M | 47,863 | 0.4% | 15 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.2M | 1,265 | 0.3% | 9 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.1M | 2,106 | 0.3% | 15 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $1.0M | 892 | 0.3% | 1 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $987.6K | 1,438 | 0.3% | 2 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $963.0K | 7,002 | 0.3% | 15 |
| SCHWAB STRATEGIC TR | [SCHE](https://holderbook.com/stocks/SCHE/) | $963.0K | 26,557 | 0.3% | 15 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $948.3K | 28,024 | 0.3% | 12 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $935.5K | 28,102 | 0.3% | 8 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $920.2K | 13,620 | 0.3% | 15 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $887.5K | 5,403 | 0.2% | 15 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $850.2K | 1,962 | 0.2% | 7 |
| ROCKWELL AUTOMATION INC | [ROK](https://holderbook.com/stocks/ROK/) | $822.8K | 1,662 | 0.2% | 12 |
| ISHARES TR | [IXC](https://holderbook.com/stocks/IXC/) | $777.4K | 15,823 | 0.2% | 10 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $757.4K | 1,586 | 0.2% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $753.5K | 2,302 | 0.2% | 15 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $736.4K | 4,335 | 0.2% | 7 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $707.9K | 6,920 | 0.2% | 15 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $706.8K | 4,000 | 0.2% | 15 |
| ISHARES TR | [IXUS](https://holderbook.com/stocks/IXUS/) | $683.1K | 7,157 | 0.2% | 10 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $667.8K | 4,557 | 0.2% | 2 |
| SCHWAB STRATEGIC TR | [SCHM](https://holderbook.com/stocks/SCHM/) | $662.4K | 17,967 | 0.2% | 15 |
| SPDR INDEX SHS FDS | [SPEM](https://holderbook.com/stocks/SPEM/) | $657.4K | 12,696 | 0.2% | 15 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $657.3K | 2,380 | 0.2% | 1 |
| ISHARES TR | [HYDB](https://holderbook.com/stocks/HYDB/) | $653.7K | 13,976 | 0.2% | 10 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $641.6K | 2,826 | 0.2% | 15 |
| ISHARES ETHEREUM TR | [ETHA](https://holderbook.com/stocks/ETHA/) | $627.7K | 52,796 | 0.2% | 4 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $627.1K | 1,660 | 0.2% | 11 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $613.8K | 7,454 | 0.2% | 15 |
| LEMONADE INC | [LMND](https://holderbook.com/stocks/LMND/) | $599.1K | 9,210 | 0.2% | 7 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $590.7K | 20,072 | 0.2% | 15 |
| ISHARES TR | [IEUR](https://holderbook.com/stocks/IEUR/) | $589.6K | 7,844 | 0.2% | 12 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $564.8K | 7,910 | 0.2% | 2 |
| SCHWAB STRATEGIC TR | [SCHH](https://holderbook.com/stocks/SCHH/) | $555.1K | 23,440 | 0.2% | 15 |
| WISDOMTREE TR | [DGS](https://holderbook.com/stocks/DGS/) | $540.7K | 8,356 | 0.2% | 15 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $538.9K | 4,758 | 0.2% | 10 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $496.4K | 4,255 | 0.1% | 6 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $495.1K | 1,008 | 0.1% | 10 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $491.6K | 699 | 0.1% | 15 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $471.2K | 1,319 | 0.1% | 15 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $468.8K | 734 | 0.1% | 1 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $448.1K | 3,021 | 0.1% | 15 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $436.3K | 1,734 | 0.1% | 4 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $405.1K | 1,210 | 0.1% | 2 |
| AIRBNB INC | [ABNB](https://holderbook.com/stocks/ABNB/) | $404.1K | 2,824 | 0.1% | 1 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $400.7K | 1,175 | 0.1% | 1 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $397.9K | 200 | 0.1% | 3 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $393.2K | 2,509 | 0.1% | 6 |
| ISHARES TR | [IDEV](https://holderbook.com/stocks/IDEV/) | $382.7K | 4,300 | 0.1% | 15 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $365.3K | 2,499 | 0.1% | 5 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $352.2K | 2,522 | 0.1% | 1 |
| BITMINE IMMERSION TECHS INC | [BMNR](https://holderbook.com/stocks/BMNR/) | $348.7K | 26,197 | 0.1% | 1 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $342.6K | 1,413 | 0.1% | 5 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $341.6K | 859 | 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 |
|---|---|---|---|---|
| Q2 2026 | +12.2% | +14.8% | -2.7% | 100% |
| Q1 2026 | -3.6% | -4.6% | +1.1% | 100% |
| Q4 2025 | +1.5% | +2.4% | -0.9% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.5% | 100% |
| Q2 2025 | +10.1% | +10.5% | -0.3% | 100% |
| Q1 2025 | -3.5% | -4.6% | +1.1% | 100% |
| Q4 2024 | +0.6% | +2.1% | -1.6% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $355.1M | 120 |
| Q1 2026 | $320.7M | 111 |
| Q4 2025 | $333.4M | 115 |
| Q3 2025 | $316.4M | 112 |
| Q2 2025 | $274.7M | 105 |
| Q1 2025 | $250.1M | 111 |
| Q4 2024 | $256.4M | 112 |
| Q3 2024 | $250.7M | 113 |
| Q2 2024 | $235.1M | 118 |
| Q1 2024 | $225.8M | 123 |
| Q4 2023 | $180.9M | 107 |
| Q3 2023 | $162.1M | 95 |