# BRASS TAX WEALTH MANAGEMENT, INC

> Institutional holdings reported to the SEC as of Q3 2025 on Form 13F. CIK 2002603. Source: https://holderbook.com/funds/2002603-brass-tax-wealth-management-inc/

- Reported value: $601.5M
- Positions: 246
- Weight of the ten largest: 53.8%
- Filed: 2025-11-14

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 | [VOO](https://holderbook.com/stocks/VOO/) | $87.6M | 143,098 | 14.6% | 7 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $39.8M | 426,171 | 6.6% | 7 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $38.2M | 513,040 | 6.3% | 7 |
| SCHWAB STRATEGIC TR | [SCHG](https://holderbook.com/stocks/SCHG/) | $33.7M | 1,057,059 | 5.6% | 7 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $28.4M | 86,520 | 4.7% | 7 |
| VANGUARD WELLINGTON FD | [VFMF](https://holderbook.com/stocks/VFMF/) | $23.9M | 165,537 | 4.0% | 1 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $21.9M | 320,958 | 3.6% | 7 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $18.5M | 72,802 | 3.1% | 7 |
| VANECK ETF TRUST | [ANGL](https://holderbook.com/stocks/ANGL/) | $16.0M | 537,307 | 2.7% | 6 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $15.8M | 76,299 | 2.6% | 7 |
| PACER FDS TR | [PSFF](https://holderbook.com/stocks/PSFF/) | $14.0M | 441,868 | 2.3% | 3 |
| CAPITAL GROUP GROWTH ETF | [CGGR](https://holderbook.com/stocks/CGGR/) | $13.3M | 302,039 | 2.2% | 1 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $13.2M | 51,649 | 2.2% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [BUFD](https://holderbook.com/stocks/BUFD/) | $12.3M | 445,824 | 2.0% | 7 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $8.6M | 11,271 | 1.4% | 7 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $8.5M | 55,383 | 1.4% | 7 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.9M | 15,300 | 1.3% | 7 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $7.7M | 76,770 | 1.3% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $7.4M | 11,111 | 1.2% | 1 |
| FIRST TR EXCHANGE-TRADED FD | [QTEC](https://holderbook.com/stocks/QTEC/) | $6.8M | 29,805 | 1.1% | 7 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $6.3M | 96,813 | 1.1% | 7 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $6.2M | 9,338 | 1.0% | 6 |
| FIRST TR EXCHANGE-TRADED FD | [FDN](https://holderbook.com/stocks/FDN/) | $5.1M | 18,322 | 0.9% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [DNOV](https://holderbook.com/stocks/DNOV/) | $5.0M | 107,362 | 0.8% | 7 |
| FIRST TR EXCHANGE TRADED FD | [FXL](https://holderbook.com/stocks/FXL/) | $5.0M | 29,610 | 0.8% | 7 |
| FIRST TR EXCHANGE-TRADED FD | [FV](https://holderbook.com/stocks/FV/) | $4.2M | 67,216 | 0.7% | 7 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $3.4M | 36,072 | 0.6% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $3.2M | 10,169 | 0.5% | 7 |
| LATTICE STRATEGIES TR | [ROUS](https://holderbook.com/stocks/ROUS/) | $3.1M | 54,254 | 0.5% | 7 |
| PACER FDS TR | [COWZ](https://holderbook.com/stocks/COWZ/) | $3.1M | 54,266 | 0.5% | 7 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $3.0M | 14,959 | 0.5% | 5 |
| NORTHERN LTS FD TR IV | [SECT](https://holderbook.com/stocks/SECT/) | $2.9M | 46,180 | 0.5% | 7 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.8M | 11,429 | 0.5% | 7 |
| FIRST TR EXCHANGE TRADED FD | [FXO](https://holderbook.com/stocks/FXO/) | $2.4M | 40,478 | 0.4% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $2.4M | 4,704 | 0.4% | 6 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.2M | 9,794 | 0.4% | 7 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $2.1M | 3,437 | 0.3% | 7 |
| PROSHARES TR | [NOBL](https://holderbook.com/stocks/NOBL/) | $2.0M | 19,808 | 0.3% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [XJUN](https://holderbook.com/stocks/XJUN/) | $2.0M | 46,690 | 0.3% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.0M | 10,493 | 0.3% | 6 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.9M | 24,047 | 0.3% | 5 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $1.7M | 15,677 | 0.3% | 7 |
| MARSH & MCLENNAN COS INC | [MRSH](https://holderbook.com/stocks/MRSH/) | $1.7M | 8,588 | 0.3% | 6 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.7M | 6,068 | 0.3% | 7 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $1.7M | 13,767 | 0.3% | 1 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $1.6M | 20,971 | 0.3% | 6 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.5M | 54,837 | 0.2% | 7 |
| KROGER CO | [KR](https://holderbook.com/stocks/KR/) | $1.4M | 21,014 | 0.2% | 7 |
| FIDELITY COMWLTH TR | [ONEQ](https://holderbook.com/stocks/ONEQ/) | $1.4M | 15,409 | 0.2% | 5 |
| PACER FDS TR | [PSMR](https://holderbook.com/stocks/PSMR/) | $1.4M | 46,889 | 0.2% | 6 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $1.4M | 3,034 | 0.2% | 7 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.3M | 8,238 | 0.2% | 5 |
| J P MORGAN EXCHANGE TRADED F | [BBIN](https://holderbook.com/stocks/BBIN/) | $1.2M | 17,272 | 0.2% | 3 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $1.2M | 6,029 | 0.2% | 6 |
| DBX ETF TR | [DBEF](https://holderbook.com/stocks/DBEF/) | $1.1M | 23,704 | 0.2% | 6 |
| INNOVATOR ETFS TRUST | [TJUL](https://holderbook.com/stocks/TJUL/) | $1.1M | 36,479 | 0.2% | 7 |
| INVESCO EXCHANGE TRADED FD T | [XMMO](https://holderbook.com/stocks/XMMO/) | $1.1M | 7,784 | 0.2% | 3 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.0M | 3,454 | 0.2% | 7 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $989.8K | 14,983 | 0.2% | 5 |
| ISHARES TR | [IYY](https://holderbook.com/stocks/IYY/) | $974.9K | 6,000 | 0.2% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [DJAN](https://holderbook.com/stocks/DJAN/) | $972.0K | 23,063 | 0.2% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [GFEB](https://holderbook.com/stocks/GFEB/) | $968.8K | 23,879 | 0.2% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $961.0K | 8,523 | 0.2% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [DAPR](https://holderbook.com/stocks/DAPR/) | $931.2K | 24,101 | 0.2% | 7 |
| FORTIVE CORP | [FTV](https://holderbook.com/stocks/FTV/) | $905.3K | 18,479 | 0.2% | 6 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $898.5K | 4,846 | 0.1% | 7 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $890.3K | 2,002 | 0.1% | 6 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $884.9K | 3,013 | 0.1% | 7 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $873.1K | 16,208 | 0.1% | 4 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $868.1K | 2,660 | 0.1% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $864.9K | 2,622 | 0.1% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $858.2K | 2,514 | 0.1% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [DDEC](https://holderbook.com/stocks/DDEC/) | $822.8K | 18,798 | 0.1% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [QJUN](https://holderbook.com/stocks/QJUN/) | $822.3K | 26,431 | 0.1% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $822.1K | 7,977 | 0.1% | 6 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $820.8K | 2,912 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $820.6K | 1,711 | 0.1% | 7 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $808.2K | 12,937 | 0.1% | 5 |
| FIRST TR EXCHNG TRADED FD VI | [GMAR](https://holderbook.com/stocks/GMAR/) | $803.6K | 20,041 | 0.1% | 7 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $797.3K | 6,736 | 0.1% | 4 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $795.6K | 3,267 | 0.1% | 7 |
| SCHWAB STRATEGIC TR | [SCHA](https://holderbook.com/stocks/SCHA/) | $795.0K | 28,496 | 0.1% | 5 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $787.9K | 2,435 | 0.1% | 7 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $778.1K | 3,360 | 0.1% | 7 |
| INNOVATOR ETFS TRUST | [ZDEK](https://holderbook.com/stocks/ZDEK/) | $776.9K | 30,755 | 0.1% | 4 |
| SCHWAB STRATEGIC TR | [SCHF](https://holderbook.com/stocks/SCHF/) | $776.5K | 33,353 | 0.1% | 7 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $753.3K | 3,700 | 0.1% | 1 |
| VANGUARD BD INDEX FDS | [BSV](https://holderbook.com/stocks/BSV/) | $744.4K | 9,433 | 0.1% | 7 |
| FIRST TR EXCHNG TRADED FD VI | [DMAY](https://holderbook.com/stocks/DMAY/) | $735.5K | 16,594 | 0.1% | 7 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $735.4K | 5,237 | 0.1% | 6 |
| FIRST TR EXCHNG TRADED FD VI | [DAUG](https://holderbook.com/stocks/DAUG/) | $734.0K | 16,825 | 0.1% | 7 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $727.1K | 4,686 | 0.1% | 5 |
| FIRST TR EXCHNG TRADED FD VI | [GAPR](https://holderbook.com/stocks/GAPR/) | $703.7K | 17,931 | 0.1% | 7 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $699.9K | 5,079 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $693.8K | 3,324 | 0.1% | 7 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $686.3K | 919 | 0.1% | 7 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $662.8K | 9,687 | 0.1% | 6 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $651.0K | 11,765 | 0.1% | 2 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $642.5K | 1,586 | 0.1% | 7 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $637.4K | 1,807 | 0.1% | 7 |

## 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 |
|---|---|---|---|---|
| Q3 2025 | +5.8% | +7.8% | -2.1% | 100% |
| Q2 2025 | +6.4% | +10.5% | -4.1% | 100% |
| Q1 2025 | -3.0% | -4.6% | +1.6% | 100% |
| Q4 2024 | +0.5% | +2.1% | -1.7% | 100% |
| Q3 2024 | +5.4% | +5.4% | -0.1% | 100% |
| Q2 2024 | +1.9% | +4.0% | -2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2025 | $601.5M | 246 |
| Q2 2025 | $519.3M | 228 |
| Q1 2025 | $476.1M | 215 |
| Q4 2024 | $475.2M | 205 |
| Q3 2024 | $728.0M | 200 |
| Q2 2024 | $510.7M | 192 |
| Q1 2024 | $191.9M | 111 |