MELFA WEALTH MANAGEMENT LLC's Q1 2025 13F: 5 new positions, 6 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 2, 2025 · 201 reported positions · accession 0001951757-25-000490
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | VANGUARD INDEX FDS (VTI) | 1.7% | 2.7% | +0.9 pts | +5,379 sh | +60% |
| Exited | BLACKROCK MUNICIPAL INCOME (MUI) | 0.9% | — | −0.9 pts | −105K sh | −100% |
| Increased | ISHARES TR (LQD) | 0.7% | 1.0% | +0.3 pts | +4,014 sh | +40% |
| New | ISHARES TR (IEF) | — | 0.2% | +0.2 pts | +3,055 sh | new |
| New | FEDERATED HERMES PREM MUNI I (FMN) | — | 0.2% | +0.2 pts | +24,466 sh | new |
| New | VANGUARD SCOTTSDALE FDS (VGSH) | — | 0.2% | +0.2 pts | +4,250 sh | new |
| Exited | ORACLE CORP (ORCL) | 0.2% | — | −0.2 pts | −1,417 sh | −100% |
| New | BERKSHIRE HATHAWAY INC DEL (BRK-B) | — | 0.2% | +0.2 pts | +422 sh | new |
| New | PALANTIR TECHNOLOGIES INC (PLTR) | — | 0.1% | +0.1 pts | +2,500 sh | new |
| Exited | WISDOMTREE TR (USFR) | 0.1% | — | −0.1 pts | −4,145 sh | −100% |
| Exited | VANGUARD INDEX FDS (VB) | 0.1% | — | −0.1 pts | −850 sh | −100% |
| Exited | BLACKROCK ENHANCED GOVT FD I (EGF) | 0.1% | — | −0.1 pts | −17,822 sh | −100% |
| Increased | BLACKROCK INCOME TR INC (BKT) | 2.9% | 3.1% | +0.2 pts | +14,262 sh | +4% |
| Increased | DIMENSIONAL ETF TRUST (DFAC) | 7.4% | 7.2% | −0.2 pts | +5,120 sh | +2% |
| Increased | DIMENSIONAL ETF TRUST (DFSV) | 2.0% | 1.9% | −0.1 pts | +4,859 sh | +5% |
| Reduced | EXXON MOBIL CORP (XOM) | 1.1% | 1.1% | 0.0 pts | −975 sh | −7% |
| Exited | VIRTUS CONVERTIBLE & INCOME (NCV) | 0.1% | — | −0.1 pts | −33,624 sh | −100% |
| Increased | MICROSOFT CORP (MSFT) | 0.7% | 0.7% | 0.0 pts | +295 sh | +12% |
| Reduced | DIMENSIONAL ETF TRUST (DFLV) | 0.4% | 0.4% | −0.1 pts | −3,250 sh | −15% |
| Increased | INVESCO EXCHANGE TRADED FD T (RSP) | 0.3% | 0.4% | +0.1 pts | +549 sh | +20% |
| Reduced | BLACKROCK FLOATING RATE INC (BGT) | 0.7% | 0.7% | −0.1 pts | −7,475 sh | −9% |
| Reduced | BLACKROCK FLOATING RATE INCO (FRA) | 0.4% | 0.3% | −0.1 pts | −7,160 sh | −17% |
| Increased | ISHARES TR (AGG) | 0.3% | 0.4% | +0.1 pts | +802 sh | +15% |
| Reduced | DWS MUN INCOME TR NEW (KTF) | 0.9% | 0.9% | 0.0 pts | −8,000 sh | −5% |
| Increased | WESTERN ASSET HIGH INCOM FD (HIX) | 0.3% | 0.4% | 0.0 pts | +17,000 sh | +14% |
| Reduced | ISHARES TR (IVW) | 0.2% | 0.2% | −0.1 pts | −750 sh | −21% |
| Increased | AMAZON COM INC (AMZN) | 0.2% | 0.3% | 0.0 pts | +340 sh | +20% |
| Reduced | DIMENSIONAL ETF TRUST (DFAU) | 2.0% | 1.9% | −0.1 pts | −1,452 sh | −2% |
| Increased | FIDELITY COVINGTON TRUST (FDVV) | 0.6% | 0.6% | 0.0 pts | +1,113 sh | +6% |
| Reduced | NETFLIX INC (NFLX) | 0.2% | 0.2% | 0.0 pts | −57 sh | −17% |
| Increased | META PLATFORMS INC (META) | 1.6% | 1.7% | 0.0 pts | +92 sh | +2% |
| Increased | DIMENSIONAL ETF TRUST (DFIV) | 0.4% | 0.5% | +0.1 pts | +1,145 sh | +7% |
| Reduced | AT&T INC (T) | 0.2% | 0.2% | 0.0 pts | −1,358 sh | −13% |
| Reduced | BLACKROCK CORE BD TR (BHK) | 0.6% | 0.6% | 0.0 pts | −3,500 sh | −4% |
| Reduced | NUVEEN FLOATING RATE INCOME (JFR) | 0.7% | 0.6% | −0.1 pts | −4,092 sh | −4% |
| Reduced | COMMUNITY FINANCIAL SYSTEM I (CBU) | 0.2% | 0.2% | 0.0 pts | −606 sh | −13% |
| Increased | NVIDIA CORPORATION (NVDA) | 1.2% | 1.0% | −0.2 pts | +311 sh | +2% |
| Reduced | TESLA INC (TSLA) | 0.4% | 0.2% | −0.1 pts | −125 sh | −9% |
| Increased | ISHARES INC (IEMG) | 0.2% | 0.3% | 0.0 pts | +599 sh | +9% |
| Reduced | ISHARES TR (IVV) | 1.9% | 1.9% | −0.1 pts | −54 sh | −1% |
| Reduced | ABRDN NATL MUN INCOME FD (VFL) | 0.2% | 0.2% | 0.0 pts | −2,900 sh | −10% |
| Reduced | NUVEEN AMT-FREE MUN VALUE FD (NUW) | 0.3% | 0.3% | 0.0 pts | −2,094 sh | −6% |
| Reduced | DIMENSIONAL ETF TRUST (DFAX) | 1.1% | 1.2% | +0.1 pts | −862 sh | −1% |
| Reduced | BNY MELLON MUN INCOME INC (DMF) | 0.2% | 0.2% | 0.0 pts | −3,000 sh | −6% |
| Reduced | CALAMOS CONV OPPORTUNITIES & (CHI) | 0.1% | 0.1% | 0.0 pts | −2,088 sh | −15% |
| Increased | VISA INC (V) | 0.2% | 0.2% | 0.0 pts | +54 sh | +6% |
| Increased | BROADCOM INC (AVGO) | 0.5% | 0.4% | −0.1 pts | +108 sh | +3% |
| Reduced | PIONEER FLOATING RATE FUND I (PHD) | 0.1% | 0.1% | 0.0 pts | −1,654 sh | −8% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 1.4% | 1.4% | −0.1 pts | −25 sh | −1% |
| Reduced | ISHARES TR (IJR) | 0.3% | 0.3% | 0.0 pts | −131 sh | −3% |
The 50 largest of 94 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 — 30.2% of the equity book
Changes in the top 10 this quarter: VTI entered · DFUV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST (DFAC) | 7.4% | 7.2% | |
| 2 | APPLE INC (AAPL) | 4.1% | 3.7% | |
| 3 | PUTNAM MUN OPPORTUNITIES TR (PMO) | 3.3% | 3.3% | |
| 4 | BLACKROCK INCOME TR INC (BKT) | 2.9% | 3.1% | |
| 5 | EATON VANCE MUNI INCOME TRUS (EVN) | 2.8% | 2.9% | |
| 6 | VANGUARD INDEX FDS (VTI) | 1.7% | 2.7% | Entered the top 10 |
| 7 | DIMENSIONAL ETF TRUST (DFSV) | 2.0% | 1.9% | |
| 8 | DIMENSIONAL ETF TRUST (DFAU) | 2.0% | 1.9% | |
| 9 | ISHARES TR (IVV) | 1.9% | 1.9% | |
| 10 | BLACKROCK MUNIYIELD QUALITY (MYI) | 1.8% | 1.8% | |
| — | DIMENSIONAL ETF TRUST (DFUV) | 1.7% | 1.8% | 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).