13F HOLDINGS REPORT

Topsail Wealth Management, LLC

Quarter ended Q1 2025 · Filed April 30, 2025 · Accession 0001398344-25-008097

Total Value

$491.7M

Positions

225

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (225)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908769	436,061	$119.8M	24.37%
2	VANGUARD MUN BD FDS	922907746	1,280,464	$63.5M	12.92%
3	CINCINNATI FINL CORP	172062101	326,014	$48.4M	9.85%
4	VANGUARD STAR FDS	921909768	617,611	$38.4M	7.80%
5	VANGUARD INDEX FDS	922908363	56,529	$29.1M	5.91%
6	VANGUARD INTL EQUITY INDEX F	922042775	310,073	$18.8M	3.83%
7	VANGUARD TAX-MANAGED FDS	921943858	268,578	$13.7M	2.78%
8	VANGUARD SCOTTSDALE FDS	92206C870	157,508	$12.9M	2.62%
9	VANGUARD BD INDEX FDS	921937835	121,417	$8.9M	1.81%
10	VANGUARD INDEX FDS	922908652	46,809	$8.1M	1.64%
11	VANGUARD CHARLOTTE FDS	92203J407	163,257	$8.0M	1.62%
12	SPDR S&P 500 ETF TR	SPY	11,911	$6.7M	1.36%
13	VANGUARD MUN BD FDS	922907712	79,045	$5.9M	1.19%
14	MICROSOFT CORP	MSFT	15,584	$5.9M	1.19%
15	APPLE INC	AAPL	24,682	$5.5M	1.11%
16	DIMENSIONAL ETF TRUST	25434V401	81,438	$4.9M	1.00%
17	SCHWAB STRATEGIC TR	808524102	148,841	$3.2M	0.65%
18	BERKSHIRE HATHAWAY INC DEL	BRK-A	4	$3.2M	0.65%
19	VANGUARD WORLD FD	921910873	13,935	$2.8M	0.57%
20	AMAZON COM INC	AMZN	13,508	$2.6M	0.52%
21	VISA INC	V	7,033	$2.5M	0.50%
22	PROCTER AND GAMBLE CO	742718109	12,912	$2.2M	0.45%
23	VANGUARD INDEX FDS	922908744	12,514	$2.2M	0.44%
24	VANGUARD SCOTTSDALE FDS	92206C409	25,792	$2.0M	0.41%
25	SPDR S&P MIDCAP 400 ETF TR	MDY	3,736	$2.0M	0.41%
26	DIMENSIONAL ETF TRUST	25434V880	75,920	$2.0M	0.40%
27	GAMBLING COM GROUP LIMITED	GAMB	148,795	$1.9M	0.38%
28	META PLATFORMS INC	META	3,184	$1.8M	0.37%
29	VANGUARD SCOTTSDALE FDS	92206C813	23,444	$1.8M	0.36%
30	VANGUARD INDEX FDS	922908611	9,071	$1.7M	0.34%
31	ALPHABET INC	GOOG	10,486	$1.6M	0.33%
32	ISHARES TR	464287655	7,756	$1.5M	0.31%
33	JPMORGAN CHASE & CO.	VYLD	5,999	$1.5M	0.30%
34	TEXAS INSTRS INC	882508104	8,187	$1.5M	0.30%
35	INVESCO QQQ TR	IVZ	3,111	$1.5M	0.30%
36	VANGUARD INDEX FDS	922908751	6,544	$1.5M	0.30%
37	VANGUARD INTL EQUITY INDEX F	922042858	29,562	$1.3M	0.27%
38	BERKSHIRE HATHAWAY INC DEL	BRK-A	2,510	$1.3M	0.27%
39	NVIDIA CORPORATION	NVDA	12,143	$1.3M	0.27%
40	INVESCO EXCHANGE TRADED FD T	IVZ	7,396	$1.3M	0.26%
41	UNITEDHEALTH GROUP INC	UNH	2,405	$1.3M	0.26%
42	ISHARES TR	464288240	21,949	$1.2M	0.25%
43	DIMENSIONAL ETF TRUST	25434V203	36,105	$1.1M	0.23%
44	DUPONT DE NEMOURS INC	DD	15,051	$1.1M	0.23%
45	VANGUARD SCOTTSDALE FDS	92206C573	14,472	$1.1M	0.23%
46	HOME DEPOT INC	HD	2,912	$1.1M	0.22%
47	FIRST TR EXCHANGE TRADED FD	33738R506	17,005	$994,208	0.20%
48	ISHARES TR	464287614	2,486	$897,670	0.18%
49	FIRST TR VALUE LINE DIVID IN	33734H106	18,681	$832,501	0.17%
50	ISHARES TR	464287606	8,703	$724,786	0.15%
51	ISHARES TR	464287622	2,334	$715,931	0.15%
52	FIRST TR EXCHANGE-TRADED FD	33733E302	3,115	$691,997	0.14%
53	FIRST TR EXCHANGE TRADED FD	33738R605	12,367	$677,832	0.14%
54	ALPHABET INC	GOOG	4,314	$673,976	0.14%
55	ISHARES TR	464287465	8,034	$656,619	0.13%
56	ELI LILLY & CO	LLY	776	$640,906	0.13%
57	ISHARES TR	464287689	1,931	$613,363	0.12%
58	NIKE INC	NKE	9,567	$611,141	0.12%
59	AMPHENOL CORP NEW	032095101	9,032	$593,898	0.12%
60	VANGUARD SPECIALIZED FUNDS	921908844	2,954	$572,992	0.12%
61	WALMART INC	WMT	6,496	$571,810	0.12%
62	EXXON MOBIL CORP	XOM	4,759	$565,988	0.12%
63	MCDONALDS CORP	MCD	1,720	$537,276	0.11%
64	DOW INC	DOW	14,992	$523,521	0.11%
65	MORGAN STANLEY	MS-PQ	4,256	$496,548	0.10%
66	ACCENTURE PLC IRELAND	ACN	1,542	$481,166	0.10%
67	VANGUARD INDEX FDS	922908629	1,800	$465,455	0.09%
68	ABBOTT LABS	ABLZF	3,506	$465,071	0.09%
69	ISHARES TR	464287481	3,931	$461,853	0.09%
70	BLACKROCK INC	BLK	485	$459,043	0.09%
71	FIRST TR MORNINGSTAR DIVID L	336917109	10,265	$445,912	0.09%
72	JOHNSON & JOHNSON	JNJ	2,684	$445,115	0.09%
73	MERCK & CO INC	MRK	4,865	$440,656	0.09%
74	ISHARES TR	464287705	3,678	$440,367	0.09%
75	S&P GLOBAL INC	SPGI	851	$432,393	0.09%
76	SPDR SER TR	78464A839	5,558	$425,964	0.09%
77	THERMO FISHER SCIENTIFIC INC	TMO	852	$424,320	0.09%
78	VANGUARD WORLD FD	92204A702	782	$424,141	0.09%
79	NEXTERA ENERGY INC	NEE-PW	5,897	$418,038	0.09%
80	ISHARES TR	464287226	4,199	$415,365	0.08%
81	CISCO SYS INC	CSCO	6,643	$409,940	0.08%
82	IDEXX LABS INC	45168D104	953	$400,212	0.08%
83	PEPSICO INC	PEP	2,654	$397,941	0.08%
84	VANGUARD BD INDEX FDS	921937827	5,066	$396,568	0.08%
85	SCHWAB STRATEGIC TR	808524797	14,142	$395,424	0.08%
86	ISHARES TR	464287473	3,084	$388,491	0.08%
87	FIRST TR EXCH TRADED FD III	33739E108	21,721	$382,072	0.08%
88	SELECT SECTOR SPDR TR	81369Y803	1,806	$372,903	0.08%
89	RTX CORPORATION	RTX	2,813	$372,610	0.08%
90	INVESCO EXCH TRD SLF IDX FD	IVZ	16,496	$369,590	0.08%
91	APPLIED MATLS INC	038222105	2,534	$367,734	0.07%
92	ABBVIE INC	ABBV	1,687	$353,460	0.07%
93	AMERICAN TOWER CORP NEW	03027X100	1,603	$348,813	0.07%
94	LOCKHEED MARTIN CORP	LMT	763	$340,840	0.07%
95	AIR PRODS & CHEMS INC	AIIR	1,149	$338,863	0.07%
96	CVS HEALTH CORP	CVS	4,970	$336,718	0.07%
97	COSTCO WHSL CORP NEW	22160K105	350	$331,023	0.07%
98	FIRST TR EXCHANGE-TRADED FD	33739Q705	6,510	$328,885	0.07%
99	ENBRIDGE INC	ENNPF	7,301	$323,507	0.07%
100	HONEYWELL INTL INC	438516106	1,509	$319,531	0.06%
101	INVESCO EXCH TRD SLF IDX FD	IVZ	14,687	$309,602	0.06%
102	BANK AMERICA CORP	060505104	7,172	$299,288	0.06%
103	COMCAST CORP NEW	CCZ	7,945	$293,171	0.06%
104	CRH PLC	CRH	3,312	$292,582	0.06%
105	INVESCO EXCH TRD SLF IDX FD	IVZ	13,190	$285,432	0.06%
106	COLGATE PALMOLIVE CO	CL	3,043	$285,129	0.06%
107	BROADCOM INC	AVGO	1,699	$284,464	0.06%
108	SPDR SER TR	78464A300	3,623	$283,464	0.06%
109	INTUITIVE SURGICAL INC	ISRG	571	$282,799	0.06%
110	SPDR SER TR	78464A409	3,456	$277,727	0.06%
111	MASTERCARD INCORPORATED	MA	501	$274,608	0.06%
112	DEERE & CO	DE	569	$267,060	0.05%
113	GOLDMAN SACHS GROUP INC	GSCE	484	$264,404	0.05%
114	SPDR SER TR	78464A359	3,320	$254,378	0.05%
115	LOWES COS INC	548661107	1,082	$252,355	0.05%
116	CINTAS CORP	CTAS	1,222	$251,158	0.05%
117	MARSH & MCLENNAN COS INC	571748102	1,025	$250,131	0.05%
118	SPDR SER TR	78468R739	5,239	$249,376	0.05%
119	GE AEROSPACE	369604301	1,229	$245,984	0.05%
120	BANK AMERICA CORP	060505682	189	$233,334	0.05%
121	SPDR DOW JONES INDL AVERAGE	78467X109	550	$231,374	0.05%
122	VANGUARD MALVERN FDS	922020748	2,959	$229,115	0.05%
123	UNION PAC CORP	UNP	966	$228,208	0.05%
124	INVESCO EXCH TRADED FD TR II	IVZ	6,755	$226,575	0.05%
125	INTERNATIONAL BUSINESS MACHS	INTR	902	$224,295	0.05%
126	COCA COLA CO	KO	3,040	$219,305	0.04%
127	FIRST TR EXCHNG TRADED FD VI	33740F862	4,820	$219,246	0.04%
128	FIRST TR EXCHANGE TRADED FD	33734X101	3,771	$218,303	0.04%
129	ISHARES TR	464287507	3,715	$216,753	0.04%
130	BRANDYWINE RLTY TR	105368203	48,267	$215,271	0.04%
131	DOLLAR TREE INC	DLTR	2,747	$206,217	0.04%
132	WASTE MGMT INC DEL	94106L109	878	$203,266	0.04%
133	ISHARES TR	464287168	1,500	$201,435	0.04%
134	VANGUARD INDEX FDS	922908736	522	$193,568	0.04%
135	VANGUARD WHITEHALL FDS	921946406	1,479	$190,733	0.04%
136	SCHWAB STRATEGIC TR	808524508	7,079	$185,459	0.04%
137	ISHARES TR	464287499	2,076	$176,605	0.04%
138	ISHARES TR	464287804	1,671	$174,742	0.04%
139	SCHWAB STRATEGIC TR	808524607	7,409	$173,588	0.04%
140	SPDR SER TR	78464A821	2,145	$170,368	0.03%
141	SPDR SER TR	78464A508	3,275	$167,254	0.03%
142	INVESCO EXCH TRD SLF IDX FD	IVZ	6,390	$148,184	0.03%
143	FIRST TR EXCHANGE TRADED FD	33738R886	6,800	$136,000	0.03%
144	SPDR SER TR	78464A763	1,000	$135,680	0.03%
145	FIRST TR EXCHANGE TRADED FD	33734X143	1,282	$132,815	0.03%
146	SPDR SER TR	78464A201	1,597	$132,551	0.03%
147	FIRST TR EXCHNG TRADED FD VI	33740F193	6,530	$131,965	0.03%
148	FIRST TR EXCHNG TRADED FD VI	33740F839	2,975	$124,703	0.03%
149	ISHARES TR	464287630	823	$124,257	0.03%
150	VANGUARD INTL EQUITY INDEX F	922042742	1,037	$120,240	0.02%
151	ISHARES TR	464287234	2,652	$115,892	0.02%
152	ISHARES TR	464287408	604	$115,110	0.02%
153	VANGUARD INDEX FDS	922908553	1,260	$114,080	0.02%
154	FIRST TR EXCHANGE-TRADED FD	33738D788	5,335	$111,982	0.02%
155	SPDR SER TR	78468R408	4,435	$111,434	0.02%
156	FIRST TR EXCHNG TRADED FD VI	33740U836	3,975	$105,360	0.02%
157	ISHARES TR	464288158	960	$101,376	0.02%
158	SELECT SECTOR SPDR TR	81369Y605	2,000	$99,620	0.02%
159	ISHARES TR	464287200	174	$97,771	0.02%
160	VANGUARD WHITEHALL FDS	921946794	1,326	$97,713	0.02%
161	INVESCO EXCH TRADED FD TR II	IVZ	3,005	$87,175	0.02%
162	ISHARES TR	464288687	2,750	$84,508	0.02%
163	FIRST TR EXCHANGE-TRADED FD	33738D408	2,000	$82,080	0.02%
164	FIRST TR EXCHNG TRADED FD VI	33740F557	2,750	$72,738	0.01%
165	ISHARES TR	464287887	576	$71,712	0.01%
166	FIRST TR EXCHANGE TRADED FD	33734X192	668	$68,290	0.01%
167	FIRST TR EXCHANGE-TRADED FD	33738D101	1,800	$67,482	0.01%
168	FIRST TR EXCHNG TRADED FD VI	33740U679	2,000	$66,220	0.01%
169	ISHARES TR	464287598	349	$65,668	0.01%
170	FIRST TR EXCHNG TRADED FD VI	33740F680	1,651	$65,505	0.01%
171	SELECT SECTOR SPDR TR	81369Y506	700	$65,415	0.01%
172	INVESCO EXCH TRD SLF IDX FD	IVZ	3,035	$59,456	0.01%
173	ISHARES TR	464287879	532	$51,859	0.01%
174	FIRST TR EXCHANGE TRADED FD	33734X127	2,600	$42,952	0.01%
175	FIRST TR EXCHNG TRADED FD VI	33740F714	1,000	$41,984	0.01%
176	FIRST TR EXCHANGE TRADED FD	33734X184	1,000	$41,010	0.01%
177	VANGUARD INTL EQUITY INDEX F	922042874	575	$40,371	0.01%
178	FIRST TR EXCHNG TRADED FD VI	33740U307	843	$37,556	0.01%
179	SPDR SER TR	78464A292	1,158	$37,310	0.01%
180	INVESCO EXCH TRD SLF IDX FD	IVZ	1,500	$34,575	0.01%
181	VANGUARD WHITEHALL FDS	921946810	409	$33,922	0.01%
182	VANGUARD INDEX FDS	922908538	138	$33,760	0.01%
183	INVESCO EXCHANGE TRADED FD T	IVZ	750	$32,873	0.01%
184	DIMENSIONAL ETF TRUST	25434V799	1,155	$32,074	0.01%
185	FIRST TR EXCHNG TRADED FD VI	33740F854	800	$31,038	0.01%
186	DIMENSIONAL ETF TRUST	25434V765	1,123	$30,241	0.01%
187	FIRST TR EXCHNG TRADED FD VI	33740F151	1,500	$29,445	0.01%
188	DIMENSIONAL ETF TRUST	25434V666	958	$29,286	0.01%
189	INVESCO EXCH TRD SLF IDX FD	IVZ	1,500	$27,795	0.01%
190	FIRST TR EXCHNG TRADED FD VI	33740U687	800	$27,432	0.01%
191	INVESCO EXCH TRD SLF IDX FD	IVZ	1,330	$27,066	0.01%
192	VANGUARD SCOTTSDALE FDS	92206C599	101	$24,923	0.01%
193	FIRST TR EXCHNG TRADED FD VI	33740U653	700	$24,322	0.00%
194	SPDR SER TR	78464A805	355	$24,144	0.00%
195	FIRST TR EXCHNG TRADED FD VI	33740F581	800	$22,632	0.00%
196	ISHARES TR	464288174	300	$22,629	0.00%
197	FIRST TR EXCHNG TRADED FD VI	33740F649	857	$22,411	0.00%
198	FIRST TR EXCHNG TRADED FD VI	33740F698	500	$20,450	0.00%
199	FIRST TR EXCHNG TRADED FD VI	33740U406	500	$19,570	0.00%
200	DIMENSIONAL ETF TRUST	25434V732	711	$18,813	0.00%
201	FIRST TR EXCHANGE TRADED FD	33738R860	600	$18,240	0.00%
202	ISHARES TR	464287101	65	$17,604	0.00%
203	VANGUARD SCOTTSDALE FDS	92206C664	215	$17,340	0.00%
204	SELECT SECTOR SPDR TR	81369Y886	200	$15,770	0.00%
205	ISHARES TR	464287523	75	$14,113	0.00%
206	SCHWAB STRATEGIC TR	808524201	630	$13,910	0.00%
207	INVESCO EXCH TRADED FD TR II	IVZ	660	$13,662	0.00%
208	ISHARES TR	464288620	256	$13,076	0.00%
209	FIRST TR EXCHNG TRADED FD VI	33740U208	200	$9,527	0.00%
210	FIRST TR EXCHANGE-TRADED FD	33738D796	450	$9,338	0.00%
211	FIRST TR EXCHNG TRADED FD VI	33740F847	200	$9,334	0.00%
212	FIRST TR EXCHANGE-TRADED FD	33738D309	200	$9,130	0.00%
213	FIRST TR EXCHANGE TRADED FD	33734X119	135	$8,821	0.00%
214	FIRST TR EXCHNG TRADED FD VI	33740F664	200	$8,300	0.00%
215	FIRST TR EXCHNG TRADED FD VI	33740F763	150	$7,319	0.00%
216	FIRST TR EXCHNG TRADED FD VI	33740F771	168	$7,081	0.00%
217	SCHWAB STRATEGIC TR	808524870	224	$6,023	0.00%
218	DIMENSIONAL ETF TRUST	25434V708	100	$3,299	0.00%
219	INVESCO EXCH TRD SLF IDX FD	IVZ	150	$2,922	0.00%
220	ISHARES TR	464288588	24	$2,251	0.00%
221	SPDR SER TR	78464A854	31	$2,039	0.00%
222	VANGUARD SCOTTSDALE FDS	92206C706	33	$1,967	0.00%
223	ISHARES TR	464287150	12	$1,464	0.00%
224	VANGUARD SCOTTSDALE FDS	92206C565	21	$1,445	0.00%
225	VANGUARD INDEX FDS	922908512	2	$321	0.00%