13F HOLDINGS REPORT

NAPA WEALTH MANAGEMENT

Quarter ended Q3 2025 · Filed November 12, 2025 · Accession 0001172661-25-004716

Total Value

$213.4M

Positions

148

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (148)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	PACER FDS TR	69374H840	294,176	$9.5M	4.44%
2	INVESCO EXCH TRADED FD TR II	IVZ	35,851	$8.9M	4.15%
3	EA SERIES TRUST	02072L565	67,591	$7.7M	3.61%
4	SERIES PORTFOLIOS TR	81752T536	174,917	$7.4M	3.48%
5	TIDAL TRUST I	886364371	309,022	$6.9M	3.25%
6	PACER FDS TR	69374H642	348,012	$6.9M	3.23%
7	TIDAL TRUST I	886364363	215,661	$6.8M	3.20%
8	INVESCO EXCH TRADED FD TR II	IVZ	53,579	$6.5M	3.04%
9	SIMPLIFY EXCHANGE TRADED FUN	82889N699	210,055	$5.9M	2.75%
10	ISHARES GOLD TR	IAU	140,626	$5.4M	2.54%
11	ISHARES TR	464287176	45,258	$5.0M	2.36%
12	EA SERIES TRUST	02072L474	142,413	$4.9M	2.29%
13	PACER FDS TR	69374H675	141,201	$4.7M	2.22%
14	NVIDIA CORPORATION	NVDA	23,685	$4.4M	2.07%
15	GLOBAL X FDS	37960A487	111,809	$4.3M	2.02%
16	ISHARES TR	464287200	6,098	$4.1M	1.91%
17	USCF ETF TR	90290T809	176,636	$4.1M	1.90%
18	SPDR SERIES TRUST	78464A854	49,126	$3.8M	1.80%
19	ISHARES TR	46436E338	129,179	$3.0M	1.42%
20	TIDAL TRUST I	886364439	125,282	$3.0M	1.39%
21	ROUNDHILL ETF TRUST	77926X304	74,623	$2.7M	1.25%
22	ROUNDHILL ETF TRUST	77926X205	57,389	$2.5M	1.19%
23	PACER FDS TR	69374H683	82,646	$2.5M	1.18%
24	WISDOMTREE TR	WT	49,357	$2.5M	1.16%
25	ROUNDHILL ETF TRUST	77926X825	73,259	$2.5M	1.15%
26	VANECK ETF TRUST	92189F676	6,484	$2.1M	0.99%
27	HERCULES CAPITAL INC	HCXY	111,045	$2.1M	0.98%
28	TCW ETF TRUST	29287L700	51,152	$2.0M	0.95%
29	PACER FDS TR	69374H303	25,965	$2.0M	0.94%
30	APPLE INC	AAPL	7,340	$1.9M	0.88%
31	PACER FDS TR	69374H105	33,642	$1.8M	0.86%
32	SIMPLIFY EXCHANGE TRADED FUN	82889N632	75,937	$1.8M	0.82%
33	INVESCO QQQ TR	IVZ	2,754	$1.7M	0.77%
34	PALANTIR TECHNOLOGIES INC	PLTR	9,022	$1.6M	0.77%
35	ISHARES TR	46436E288	63,511	$1.6M	0.75%
36	BITWISE FUNDS TRUST	091748301	32,478	$1.6M	0.73%
37	GLOBAL X FDS	37954Y632	31,332	$1.5M	0.73%
38	CAMBRIA ETF TR	132061706	41,315	$1.5M	0.72%
39	CAMBRIA ETF TR	132061300	47,874	$1.5M	0.70%
40	APPLOVIN CORP	APP	1,796	$1.3M	0.60%
41	BITWISE FUNDS TRUST	091748400	34,382	$1.2M	0.57%
42	TIDAL TRUST I	886364322	56,020	$1.2M	0.56%
43	META PLATFORMS INC	META	1,608	$1.2M	0.55%
44	TIDAL TRUST II	88636J204	41,568	$1.2M	0.55%
45	PACER FDS TR	69374H246	46,730	$1.2M	0.54%
46	DBX ETF TR	233051879	34,672	$1.1M	0.54%
47	ARISTA NETWORKS INC	ANET	7,617	$1.1M	0.52%
48	ISHARES TR	464288877	16,006	$1.1M	0.51%
49	ISHARES TR	464287234	19,994	$1.1M	0.50%
50	ISHARES TR	464288729	6,135	$1.1M	0.50%
51	INVESCO EXCH TRADED FD TR II	IVZ	19,621	$1.1M	0.50%
52	SCHWAB STRATEGIC TR	808524300	33,164	$1.1M	0.50%
53	ISHARES TR	464288711	13,609	$1.1M	0.50%
54	ISHARES TR	464287291	10,217	$1.1M	0.49%
55	MICROSOFT CORP	MSFT	1,993	$1.0M	0.48%
56	SIMPLIFY EXCHANGE TRADED FUN	82889N566	33,739	$1.0M	0.48%
57	TCW ETF TRUST	29287L205	10,230	$999,378	0.47%
58	GRAYSCALE COINDESK CRYPTO	GDLC	17,873	$999,101	0.47%
59	VICTORY PORTFOLIOS II	92647X830	25,919	$971,963	0.46%
60	CIPHER MINING INC	17253J106	70,488	$887,444	0.42%
61	TIDAL TRUST II	88636V702	34,772	$881,818	0.41%
62	ALPHABET INC	GOOG	3,583	$870,952	0.41%
63	BAKKT HOLDINGS INC	BKKT-WT	25,664	$863,594	0.40%
64	ISHARES INC	464286764	17,117	$847,292	0.40%
65	PIMCO EQUITY SER	72202L371	22,632	$841,263	0.39%
66	IREN LIMITED	IREN	17,870	$838,639	0.39%
67	INVESCO EXCH TRADED FD TR II	IVZ	38,348	$802,617	0.38%
68	AMAZON COM INC	AMZN	3,348	$735,120	0.34%
69	VANGUARD INDEX FDS	922908769	2,240	$735,101	0.34%
70	SIMPLIFY EXCHANGE TRADED FUN	82889N863	39,025	$702,450	0.33%
71	NUVEEN CALIFORNIA AMT QLT MU	NU	55,249	$700,005	0.33%
72	INVESCO ACTIVELY MANAGED EXC	IVZ	27,320	$699,665	0.33%
73	NEOS ETF TRUST	78433H501	14,002	$696,221	0.33%
74	EXCHANGE LISTED FDS TR	30151E806	30,485	$694,143	0.33%
75	JANUS DETROIT STR TR	47103U845	13,634	$692,335	0.32%
76	ARGAN INC	AGX	2,516	$679,446	0.32%
77	GLOBAL X FDS	37954Y376	28,423	$657,140	0.31%
78	ISHARES TR	464289867	10,029	$645,659	0.30%
79	PACER FDS TR	69374H709	16,143	$639,586	0.30%
80	INNODATA INC	INOD	8,255	$636,213	0.30%
81	VANECK ETF TRUST	92189F411	42,313	$632,156	0.30%
82	ISHARES TR	46436E320	20,725	$629,418	0.30%
83	CADENCE DESIGN SYSTEM INC	CDNS	1,734	$609,085	0.29%
84	BROADCOM INC	AVGO	1,775	$585,590	0.27%
85	ISHARES U S ETF TR	46431W606	6,701	$581,915	0.27%
86	HOWMET AEROSPACE INC	HWM	2,859	$561,022	0.26%
87	VANGUARD INTL EQUITY INDEX F	922042676	11,685	$557,841	0.26%
88	GLOBAL X FDS	37954Y327	16,664	$547,079	0.26%
89	INVESCO EXCH TRADED FD TR II	IVZ	12,184	$546,990	0.26%
90	FLAHERTY & CRUMRINE PFD INCO	33848E106	56,040	$546,390	0.26%
91	ISHARES TR	464288372	8,891	$543,418	0.25%
92	SPOTIFY TECHNOLOGY S A	SPOT	769	$536,762	0.25%
93	ISHARES TR	464288737	8,309	$534,850	0.25%
94	TIDAL TRUST III	45259A845	15,017	$527,501	0.25%
95	FIRST TR EXCHANGE TRADED FD	33734X192	3,886	$522,381	0.24%
96	SIMPLIFY EXCHANGE TRADED FUN	82889N830	22,418	$513,596	0.24%
97	ISHARES INC	464286285	12,833	$509,342	0.24%
98	SIMPLIFY EXCHANGE TRADED FUN	82889N855	10,415	$501,691	0.24%
99	SIMPLIFY EXCHANGE TRADED FUN	82889N558	20,915	$494,849	0.23%
100	PACER FDS TR	69374H766	13,261	$493,474	0.23%
101	ETF SER SOLUTIONS	26922A248	19,885	$489,833	0.23%
102	SERIES PORTFOLIOS TR	81752T528	18,085	$485,040	0.23%
103	AXON ENTERPRISE INC	AXON	668	$479,384	0.22%
104	ISHARES TR	46435G342	21,733	$477,474	0.22%
105	SSGA ACTIVE TR	78470P622	18,149	$462,981	0.22%
106	TESLA INC	TSLA	1,035	$460,285	0.22%
107	TIDAL TRUST II	88636R586	21,141	$451,255	0.21%
108	AMPLIFY ETF TR	032108805	30,353	$394,285	0.18%
109	VANECK ETF TRUST	92189H805	5,911	$389,062	0.18%
110	ROBINHOOD MKTS INC	770700102	2,631	$376,707	0.18%
111	CARPENTER TECHNOLOGY CORP	CRS	1,531	$375,922	0.18%
112	TRACTOR SUPPLY CO	TSCO	6,262	$356,101	0.17%
113	TIDAL TRUST II	88636R834	8,249	$354,831	0.17%
114	VANECK ETF TRUST	92189F882	7,793	$349,160	0.16%
115	UNITED RENTALS INC	URI	364	$347,221	0.16%
116	ISHARES TR	464288661	2,891	$345,503	0.16%
117	VANGUARD INDEX FDS	922908363	540	$330,659	0.15%
118	TIDAL TRUST I	886364231	12,250	$306,128	0.14%
119	THE CIGNA GROUP	125523100	1,053	$303,527	0.14%
120	ISHARES TR	464287457	3,317	$275,178	0.13%
121	ISHARES INC	464286715	8,008	$274,114	0.13%
122	ESSENTIAL PPTYS RLTY TR INC	29670E107	9,025	$268,569	0.13%
123	ALEXANDRIA REAL ESTATE EQ IN	015271109	3,205	$267,096	0.13%
124	ALTRIA GROUP INC	MO	3,929	$259,550	0.12%
125	AMERICOLD REALTY TRUST INC	COLD	20,613	$252,303	0.12%
126	TAPESTRY INC	TPR	2,176	$246,367	0.12%
127	PHILIP MORRIS INTL INC	718172109	1,512	$245,246	0.11%
128	MERCADOLIBRE INC	MELI	104	$243,042	0.11%
129	PACER FDS TR	69374H352	9,164	$237,852	0.11%
130	CREDO TECHNOLOGY GROUP HOLDI	CRDO	1,623	$236,325	0.11%
131	ALIBABA GROUP HLDG LTD	BBAAY	1,307	$233,600	0.11%
132	SIMPLIFY EXCHANGE TRADED FUN	82889N673	8,245	$229,195	0.11%
133	SELECT SECTOR SPDR TR	81369Y803	806	$227,084	0.11%
134	SELECT SECTOR SPDR TR	81369Y886	2,585	$225,438	0.11%
135	PACER FDS TR	69374H881	3,861	$221,892	0.10%
136	UNITED PARCEL SERVICE INC	UPS	2,588	$216,176	0.10%
137	GE VERNOVA INC	GEV	351	$215,830	0.10%
138	ISHARES TR	464289859	2,435	$214,659	0.10%
139	ISHARES TR	464288158	1,974	$210,784	0.10%
140	SELECT SECTOR SPDR TR	81369Y209	1,489	$207,224	0.10%
141	GILEAD SCIENCES INC	GILD	1,861	$206,571	0.10%
142	HOME DEPOT INC	HD	505	$204,621	0.10%
143	INTERNATIONAL BUSINESS MACHS	INTR	719	$202,873	0.10%
144	SPDR SERIES TRUST	78468R523	2,021	$201,130	0.09%
145	SPDR SERIES TRUST	78464A664	7,440	$200,496	0.09%
146	NUVEEN AMT FREE MUN CR INC F	NU	16,297	$200,290	0.09%
147	EATON VANCE CALIF MUN INCOM	ETN	16,108	$162,369	0.08%
148	BLACKROCK CALIF MUN INCOME T	BLK	11,391	$124,731	0.06%