Destination Wealth Management's Q1 2025 13F: 16 new positions, 9 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 236 reported positions · accession 0001278573-25-000006
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | SCHWAB STRATEGIC TR (SCHZ) | 1.7% | 1.2% | −0.5 pts | −728K sh | −30% |
| Reduced | SCHWAB STRATEGIC TR (SCHX) | 1.1% | 0.8% | −0.3 pts | −363K sh | −24% |
| Increased | ISHARES TR (AGG) | 4.2% | 4.5% | +0.3 pts | +70,961 sh | +5% |
| Reduced | APPLE INC (AAPL) | 6.5% | 5.6% | −0.9 pts | −28,136 sh | −3% |
| Increased | ISHARES TR (TLH) | 2.3% | 2.5% | +0.3 pts | +54,522 sh | +8% |
| Increased | PALANTIR TECHNOLOGIES INC (PLTR) | 0.0% | 0.1% | +0.1 pts | +48,451 sh | +1434% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.1% | 0.2% | +0.1 pts | +7,528 sh | +201% |
| Increased | NVIDIA CORPORATION (NVDA) | 0.3% | 0.4% | +0.1 pts | +34,829 sh | +48% |
| Increased | NOVO-NORDISK A S (NVO) | 0.5% | 0.5% | 0.0 pts | +48,461 sh | +25% |
| New | VANECK ETF TRUST (SMH) | — | 0.1% | +0.1 pts | +13,253 sh | new |
| Increased | ISHARES U S ETF TR (LQDH) | 2.3% | 2.4% | +0.1 pts | +26,836 sh | +3% |
| Increased | DANAHER CORPORATION (DHR) | 1.2% | 1.1% | 0.0 pts | +11,560 sh | +7% |
| Increased | ISHARES TR (IJR) | 2.8% | 2.6% | −0.2 pts | +22,209 sh | +3% |
| Increased | PFIZER INC (PFE) | 0.6% | 0.6% | 0.0 pts | +88,729 sh | +13% |
| Reduced | JPMORGAN CHASE & CO. (JPM) | 1.7% | 1.7% | 0.0 pts | −8,847 sh | −4% |
| Increased | ISHARES TR (STIP) | 2.3% | 2.4% | +0.1 pts | +18,883 sh | +3% |
| Reduced | VISA INC (V) | 1.8% | 2.0% | +0.2 pts | −5,177 sh | −3% |
| Increased | ELI LILLY & CO (LLY) | 0.7% | 0.8% | +0.1 pts | +2,192 sh | +8% |
| Increased | INVESCO QQQ TR (QQQ) | 0.3% | 0.3% | 0.0 pts | +3,461 sh | +21% |
| Increased | BROADCOM INC (AVGO) | 0.1% | 0.2% | 0.0 pts | +9,489 sh | +50% |
| Reduced | WALMART INC (WMT) | 0.9% | 0.9% | −0.1 pts | −18,059 sh | −5% |
| Increased | ISHARES TR (IUSB) | 1.3% | 1.3% | +0.1 pts | +33,870 sh | +4% |
| Increased | ISHARES TR (IGSB) | 2.2% | 2.3% | +0.1 pts | +27,128 sh | +2% |
| Increased | JOHNSON & JOHNSON (JNJ) | 1.2% | 1.5% | +0.2 pts | +8,369 sh | +3% |
| Reduced | MASTERCARD INCORPORATED (MA) | 1.7% | 1.8% | 0.0 pts | −2,424 sh | −2% |
| New | VANGUARD INDEX FDS (VXF) | — | 0.0% | 0.0 pts | +7,590 sh | new |
| Increased | AMERICAN TOWER CORP NEW (AMT) | 0.6% | 0.7% | +0.1 pts | +5,701 sh | +6% |
| Reduced | SCHWAB STRATEGIC TR (SCHB) | 0.2% | 0.2% | 0.0 pts | −54,099 sh | −17% |
| Increased | MICROSOFT CORP (MSFT) | 1.9% | 1.7% | −0.2 pts | +2,937 sh | +2% |
| Reduced | COSTCO WHSL CORP NEW (COST) | 2.1% | 2.2% | +0.1 pts | −1,085 sh | −1% |
| Reduced | AMERICAN EXPRESS CO (AXP) | 1.1% | 0.9% | −0.1 pts | −3,766 sh | −3% |
| Increased | VERIZON COMMUNICATIONS INC (VZ) | 0.6% | 0.7% | +0.1 pts | +21,399 sh | +4% |
| Increased | ISHARES TR (FLOT) | 0.8% | 0.8% | 0.0 pts | +18,418 sh | +4% |
| Increased | SPDR SER TR (SDY) | 2.9% | 3.0% | +0.1 pts | +6,647 sh | +1% |
| Reduced | CAPITAL ONE FINL CORP (COF) | 0.8% | 0.8% | 0.0 pts | −4,955 sh | −3% |
| Increased | THERMO FISHER SCIENTIFIC INC (TMO) | 0.6% | 0.6% | 0.0 pts | +1,719 sh | +5% |
| Reduced | VANGUARD INDEX FDS (VUG) | 2.0% | 1.8% | −0.2 pts | −2,270 sh | −1% |
| Increased | ISHARES TR (ISTB) | 0.8% | 0.8% | 0.0 pts | +16,550 sh | +3% |
| New | BERKSHIRE HATHAWAY INC DEL (BRK-A) | — | 0.0% | 0.0 pts | +1 sh | new |
| Reduced | SCHWAB STRATEGIC TR (SCHF) | 0.2% | 0.2% | 0.0 pts | −40,099 sh | −14% |
| Increased | COLGATE PALMOLIVE CO (CL) | 1.4% | 1.5% | +0.1 pts | +8,438 sh | +2% |
| Increased | MERCK & CO INC (MRK) | 0.7% | 0.6% | 0.0 pts | +8,545 sh | +4% |
| Increased | ISHARES TR (IVV) | 2.3% | 2.2% | −0.1 pts | +1,317 sh | +1% |
| Increased | ISHARES TR (IMTB) | 0.6% | 0.6% | 0.0 pts | +16,904 sh | +4% |
| Increased | ISHARES INC (IEMG) | 2.1% | 2.2% | +0.1 pts | +13,047 sh | +1% |
| Reduced | AMAZON COM INC (AMZN) | 2.2% | 1.9% | −0.3 pts | −3,690 sh | −1% |
| Reduced | SPDR SER TR (SPAB) | 0.1% | 0.1% | 0.0 pts | −27,355 sh | −18% |
| Increased | ISHARES TR (IJH) | 1.9% | 1.9% | −0.1 pts | +11,503 sh | +1% |
| New | SCHWAB STRATEGIC TR (SCHK) | — | 0.0% | 0.0 pts | +24,065 sh | new |
| Increased | ISHARES TR (GBF) | 0.6% | 0.6% | 0.0 pts | +5,975 sh | +3% |
The 50 largest of 230 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 29.8% of the equity book
Changes in the top 10 this quarter: COST entered · AMZN left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 6.5% | 5.6% | |
| 2 | ISHARES TR (AGG) | 4.2% | 4.5% | |
| 3 | SPDR SER TR (SDY) | 2.9% | 3.0% | |
| 4 | ISHARES TR (IJR) | 2.8% | 2.6% | |
| 5 | ISHARES TR (TLH) | 2.3% | 2.5% | |
| 6 | ISHARES TR (STIP) | 2.3% | 2.4% | |
| 7 | ISHARES U S ETF TR (LQDH) | 2.3% | 2.4% | |
| 8 | ISHARES TR (IGSB) | 2.2% | 2.3% | |
| 9 | ISHARES TR (IVV) | 2.3% | 2.2% | |
| 10 | COSTCO WHSL CORP NEW (COST) | 2.1% | 2.2% | Entered the top 10 |
| — | AMAZON COM INC (AMZN) | 2.2% | 1.9% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | TESLA INC (TSLA) | Put | 0 | 4,600 | $464K |
| Increased | BROADCOM INC (AVGO) | Put | 2,000 | 3,000 | $71.3K |
| Exited | COSTCO WHSL CORP NEW (COST) | Call | 100 | 0 | $0 |
| New | NETFLIX INC (NFLX) | Call | 0 | 100 | $16.8K |
| Exited | WALMART INC (WMT) | Call | 300 | 0 | $0 |
| New | CINTAS CORP (CTAS) | Put | 0 | 2,000 | $10K |
| Increased | ANALOG DEVICES INC (ADI) | Put | 1,000 | 1,500 | $10K |
| Exited | APPLE INC (AAPL) | Put | 9,000 | 0 | $0 |