13F HOLDINGS REPORT

Topsail Wealth Management, LLC

Quarter ended Q2 2025 · Filed July 31, 2025 · Accession 0001398344-25-014250

Total Value

$547.2M

Positions

240

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (240)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD INDEX FDS	922908769	443,518	$135.2M	24.71%
2	VANGUARD MUN BD FDS	922907746	1,269,611	$62.2M	11.38%
3	CINCINNATI FINL CORP	172062101	317,002	$47.2M	8.63%
4	VANGUARD STAR FDS	921909768	613,670	$42.4M	7.75%
5	VANGUARD INDEX FDS	922908363	60,950	$34.7M	6.35%
6	VANGUARD INTL EQUITY INDEX F	922042775	326,646	$22.0M	4.01%
7	VANGUARD TAX-MANAGED FDS	921943858	268,589	$15.3M	2.80%
8	VANGUARD SCOTTSDALE FDS	92206C870	168,589	$14.0M	2.55%
9	VANGUARD BD INDEX FDS	921937835	127,780	$9.4M	1.72%
10	VANGUARD INDEX FDS	922908652	48,429	$9.3M	1.71%
11	VANGUARD CHARLOTTE FDS	92203J407	170,680	$8.5M	1.54%
12	VANGUARD MUN BD FDS	922907712	110,311	$8.1M	1.48%
13	MICROSOFT CORP	MSFT	15,434	$7.7M	1.40%
14	SPDR S&P 500 ETF TR	SPY	12,418	$7.7M	1.40%
15	DIMENSIONAL ETF TRUST	25434V401	104,638	$7.0M	1.28%
16	VANGUARD WELLINGTON FD	921935870	51,100	$5.2M	0.94%
17	APPLE INC	AAPL	24,102	$4.9M	0.90%
18	BERKSHIRE HATHAWAY INC DEL	BRK-A	5	$3.6M	0.67%
19	ISHARES TR	464288414	33,275	$3.5M	0.64%
20	VANGUARD WORLD FD	921910873	13,935	$3.1M	0.57%
21	AMAZON COM INC	AMZN	13,481	$3.0M	0.54%
22	SCHWAB STRATEGIC TR	808524102	120,390	$2.9M	0.52%
23	VISA INC	V	6,977	$2.5M	0.45%
24	META PLATFORMS INC	META	3,241	$2.4M	0.44%
25	VANGUARD INDEX FDS	922908744	12,779	$2.3M	0.42%
26	DIMENSIONAL ETF TRUST	25434V880	76,595	$2.2M	0.41%
27	VANGUARD SCOTTSDALE FDS	92206C409	26,902	$2.1M	0.39%
28	PROCTER AND GAMBLE CO	742718109	12,455	$2.0M	0.36%
29	SPDR S&P MIDCAP 400 ETF TR	MDY	3,461	$2.0M	0.36%
30	ALPHABET INC	GOOG	10,882	$1.9M	0.35%
31	NVIDIA CORPORATION	NVDA	11,910	$1.9M	0.34%
32	INVESCO QQQ TR	IVZ	3,350	$1.8M	0.34%
33	VANGUARD SCOTTSDALE FDS	92206C813	23,786	$1.8M	0.33%
34	ISHARES TR	464287655	8,256	$1.8M	0.33%
35	VANGUARD INDEX FDS	922908611	9,071	$1.8M	0.32%
36	GAMBLING COM GROUP LIMITED	GAMB	148,512	$1.8M	0.32%
37	JPMORGAN CHASE & CO.	VYLD	6,015	$1.7M	0.32%
38	TEXAS INSTRS INC	882508104	7,849	$1.6M	0.30%
39	VANGUARD INDEX FDS	922908751	6,544	$1.6M	0.28%
40	VANGUARD INTL EQUITY INDEX F	922042858	29,562	$1.5M	0.27%
41	FIRST TR EXCHANGE TRADED FD	33738R506	21,777	$1.4M	0.25%
42	INVESCO EXCHANGE TRADED FD T	IVZ	7,471	$1.4M	0.25%
43	ISHARES TR	464288240	21,949	$1.3M	0.24%
44	DIMENSIONAL ETF TRUST	25434V203	36,572	$1.3M	0.23%
45	BERKSHIRE HATHAWAY INC DEL	BRK-A	2,462	$1.2M	0.22%
46	VANGUARD MALVERN FDS	922020748	14,964	$1.2M	0.21%
47	VANGUARD SCOTTSDALE FDS	92206C573	14,427	$1.1M	0.20%
48	ISHARES TR	464287614	2,486	$1.1M	0.19%
49	DUPONT DE NEMOURS INC	DD	14,988	$1.0M	0.19%
50	HOME DEPOT INC	HD	2,754	$1.0M	0.18%
51	VANGUARD WORLD FD	92204A702	1,388	$920,633	0.17%
52	FIRST TR EXCHANGE-TRADED FD	33734H106	20,081	$897,621	0.16%
53	FIRST TR EXCHANGE TRADED FD	33738R605	15,109	$895,359	0.16%
54	AMPHENOL CORP NEW	032095101	9,031	$891,811	0.16%
55	FIRST TR EXCHANGE-TRADED FD	33733E302	3,085	$830,883	0.15%
56	ISHARES TR	464287465	9,034	$807,549	0.15%
57	ISHARES TR	464287622	2,334	$792,556	0.14%
58	ISHARES TR	464287606	8,703	$791,799	0.14%
59	ALPHABET INC	GOOG	4,313	$765,083	0.14%
60	VANGUARD SPECIALIZED FUNDS	921908844	3,667	$753,662	0.14%
61	UNITEDHEALTH GROUP INC	UNH	2,281	$711,604	0.13%
62	ISHARES TR	464287689	1,931	$677,781	0.12%
63	NIKE INC	NKE	9,248	$660,686	0.12%
64	BLACKROCK INC	BLK	568	$595,974	0.11%
65	ELI LILLY & CO	LLY	735	$572,955	0.10%
66	ISHARES TR	464287481	3,881	$538,217	0.10%
67	WALMART INC	WMT	5,319	$520,092	0.10%
68	MORGAN STANLEY	MS-PQ	3,685	$519,069	0.09%
69	IDEXX LABS INC	45168D104	945	$506,841	0.09%
70	VANGUARD INDEX FDS	922908629	1,800	$505,557	0.09%
71	ABBOTT LABS	ABLZF	3,616	$491,812	0.09%
72	ACCENTURE PLC IRELAND	ACN	1,606	$480,017	0.09%
73	VANGUARD INDEX FDS	922908736	1,069	$469,189	0.09%
74	EXXON MOBIL CORP	XOM	4,340	$467,852	0.09%
75	CISCO SYS INC	CSCO	6,648	$461,238	0.08%
76	SELECT SECTOR SPDR TR	81369Y803	1,806	$457,333	0.08%
77	ISHARES TR	464287705	3,678	$454,527	0.08%
78	SPDR SERIES TRUST	78464A839	5,658	$449,415	0.08%
79	APPLIED MATLS INC	038222105	2,431	$445,043	0.08%
80	S&P GLOBAL INC	SPGI	837	$441,342	0.08%
81	BROADCOM INC	AVGO	1,592	$438,841	0.08%
82	INVESCO EXCH TRD SLF IDX FD	IVZ	20,237	$435,500	0.08%
83	MCDONALDS CORP	MCD	1,464	$427,737	0.08%
84	INVESCO EXCH TRD SLF IDX FD	IVZ	18,746	$425,628	0.08%
85	FIRST TR EXCHANGE-TRADED FD	336917109	9,985	$418,072	0.08%
86	ISHARES TR	464287226	4,209	$417,542	0.08%
87	ISHARES TR	464287473	3,084	$407,520	0.07%
88	RTX CORPORATION	RTX	2,773	$404,913	0.07%
89	VANGUARD BD INDEX FDS	921937827	5,114	$402,438	0.07%
90	DOW INC	DOW	15,196	$402,390	0.07%
91	FIRST TR EXCH TRADED FD III	33739E108	21,721	$386,634	0.07%
92	COSTCO WHSL CORP NEW	22160K105	384	$380,137	0.07%
93	SCHWAB STRATEGIC TR	808524797	14,142	$374,776	0.07%
94	JOHNSON & JOHNSON	JNJ	2,438	$372,405	0.07%
95	INVESCO EXCH TRD SLF IDX FD	IVZ	16,060	$354,123	0.06%
96	AMERICAN TOWER CORP NEW	03027X100	1,596	$352,748	0.06%
97	NEXTERA ENERGY INC	NEE-PW	5,032	$349,321	0.06%
98	MERCK & CO INC	MRK	4,387	$347,275	0.06%
99	CVS HEALTH CORP	CVS	4,985	$343,865	0.06%
100	THERMO FISHER SCIENTIFIC INC	TMO	837	$339,370	0.06%
101	GOLDMAN SACHS GROUP INC	GSCE	479	$339,012	0.06%
102	GE AEROSPACE	369604301	1,316	$338,725	0.06%
103	ENBRIDGE INC	ENNPF	7,301	$330,881	0.06%
104	SPDR SERIES TRUST	78464A409	3,460	$329,801	0.06%
105	FIRST TR EXCHANGE-TRADED FD	33739Q705	6,610	$324,551	0.06%
106	CRH PLC	CRH	3,401	$312,212	0.06%
107	LOCKHEED MARTIN CORP	LMT	667	$308,914	0.06%
108	ABBVIE INC	ABBV	1,659	$307,944	0.06%
109	INTUITIVE SURGICAL INC	ISRG	552	$299,962	0.05%
110	SPDR SERIES TRUST	78464A300	3,723	$296,946	0.05%
111	INVESCO EXCH TRADED FD TR II	IVZ	6,755	$294,923	0.05%
112	BANK AMERICA CORP	060505104	6,171	$292,012	0.05%
113	DEERE & CO	DE	566	$287,805	0.05%
114	PALANTIR TECHNOLOGIES INC	PLTR	2,096	$285,727	0.05%
115	VANGUARD SCOTTSDALE FDS	92206C847	4,915	$275,830	0.05%
116	COLGATE PALMOLIVE CO	CL	3,033	$275,700	0.05%
117	SPDR SERIES TRUST	78464A359	3,320	$274,431	0.05%
118	DOLLAR TREE INC	DLTR	2,753	$272,657	0.05%
119	COMCAST CORP NEW	CCZ	7,633	$272,422	0.05%
120	HONEYWELL INTL INC	438516106	1,151	$268,045	0.05%
121	INTERNATIONAL BUSINESS MACHS	INTR	879	$259,115	0.05%
122	SPDR SERIES TRUST	78468R739	5,239	$250,581	0.05%
123	AIR PRODS & CHEMS INC	AIIR	886	$249,905	0.05%
124	SALESFORCE INC	CRM	895	$244,058	0.04%
125	SPDR DOW JONES INDL AVERAGE	78467X109	550	$242,358	0.04%
126	FIRST TR EXCHANGE-TRADED FD	337345102	1,115	$237,305	0.04%
127	ASML HOLDING N V	ASMLF	295	$236,410	0.04%
128	FIRST TR EXCHNG TRADED FD VI	33740F862	4,820	$236,325	0.04%
129	PEPSICO INC	PEP	1,777	$234,635	0.04%
130	JOHNSON CTLS INTL PLC	G51502105	2,186	$230,885	0.04%
131	ISHARES TR	464287507	3,718	$230,576	0.04%
132	BANK AMERICA CORP	060505682	189	$229,257	0.04%
133	LOWES COS INC	548661107	1,031	$228,748	0.04%
134	NETFLIX INC	NFLX	169	$226,313	0.04%
135	CINTAS CORP	CTAS	1,004	$223,761	0.04%
136	MASTERCARD INCORPORATED	MA	397	$223,090	0.04%
137	FIRST TR EXCHANGE-TRADED FD	33735T109	14,060	$218,492	0.04%
138	MARSH & MCLENNAN COS INC	571748102	998	$218,203	0.04%
139	UNION PAC CORP	UNP	928	$213,514	0.04%
140	COCA COLA CO	KO	2,957	$210,728	0.04%
141	BRANDYWINE RLTY TR	105368203	48,267	$207,065	0.04%
142	TESLA INC	TSLA	650	$206,479	0.04%
143	ISHARES TR	464287168	1,500	$199,215	0.04%
144	SCHWAB STRATEGIC TR	808524508	7,079	$198,554	0.04%
145	VANGUARD WHITEHALL FDS	921946406	1,479	$197,167	0.04%
146	VANGUARD WHITEHALL FDS	921946885	3,009	$196,638	0.04%
147	ISHARES TR	464287499	2,076	$190,930	0.03%
148	SPDR SERIES TRUST	78464A821	2,185	$189,811	0.03%
149	SCHWAB STRATEGIC TR	808524607	7,409	$187,443	0.03%
150	ISHARES TR	464287804	1,673	$182,830	0.03%
151	SPDR SERIES TRUST	78464A508	3,275	$171,414	0.03%
152	FIRST TR EXCHANGE TRADED FD	33738R886	6,900	$158,148	0.03%
153	FIRST TR EXCHANGE TRADED FD	33734X101	2,308	$146,420	0.03%
154	FIRST TR EXCHNG TRADED FD VI	33740F193	6,530	$145,165	0.03%
155	SPDR SERIES TRUST	78464A201	1,597	$141,734	0.03%
156	SPDR SERIES TRUST	78464A763	1,000	$135,730	0.02%
157	VANGUARD INTL EQUITY INDEX F	922042742	1,037	$133,280	0.02%
158	FIRST TR EXCHNG TRADED FD VI	33740F839	2,975	$132,949	0.02%
159	FIRST TR EXCHANGE TRADED FD	33734X143	1,282	$132,918	0.02%
160	ISHARES TR	464287630	823	$129,836	0.02%
161	ISHARES TR	464287234	2,652	$127,932	0.02%
162	ISHARES TR	464287408	604	$118,034	0.02%
163	FIRST TR EXCHNG TRADED FD VI	33740U836	3,975	$117,582	0.02%
164	SPDR SERIES TRUST	78468R408	4,435	$113,004	0.02%
165	FIRST TR EXCHANGE-TRADED FD	33738D788	5,335	$112,355	0.02%
166	VANGUARD INDEX FDS	922908553	1,260	$112,216	0.02%
167	ISHARES TR	464287200	174	$108,037	0.02%
168	VANGUARD WHITEHALL FDS	921946794	1,348	$107,988	0.02%
169	SELECT SECTOR SPDR TR	81369Y605	2,000	$104,740	0.02%
170	INVESCO EXCH TRADED FD TR II	IVZ	3,205	$102,496	0.02%
171	ISHARES TR	464288687	2,750	$84,370	0.02%
172	FIRST TR EXCHANGE-TRADED FD	33738D408	2,000	$83,620	0.02%
173	FIRST TR EXCHNG TRADED FD VI	33740F557	2,750	$81,318	0.01%
174	ISHARES TR	464287887	576	$76,631	0.01%
175	FIRST TR EXCHANGE TRADED FD	33734X192	618	$75,174	0.01%
176	FIRST TR EXCHNG TRADED FD VI	33740U679	2,000	$70,312	0.01%
177	FIRST TR EXCHNG TRADED FD VI	33740F680	1,650	$69,960	0.01%
178	ISHARES TR	464287598	349	$67,786	0.01%
179	FIRST TR EXCHANGE-TRADED FD	33738D101	1,800	$67,518	0.01%
180	INVESCO EXCH TRD SLF IDX FD	IVZ	3,035	$59,638	0.01%
181	SELECT SECTOR SPDR TR	81369Y506	700	$59,367	0.01%
182	VANGUARD SCOTTSDALE FDS	92206C102	999	$58,721	0.01%
183	ISHARES TR	464287879	532	$52,929	0.01%
184	FIRST TR EXCHNG TRADED FD VI	33740F714	1,000	$45,022	0.01%
185	VANGUARD INTL EQUITY INDEX F	922042874	575	$44,563	0.01%
186	FIRST TR EXCHANGE TRADED FD	33734X184	1,000	$42,380	0.01%
187	FIRST TR EXCHNG TRADED FD VI	33740U307	843	$40,471	0.01%
188	FIRST TR EXCHANGE TRADED FD	33734X127	2,600	$39,468	0.01%
189	VANGUARD INDEX FDS	922908538	138	$39,305	0.01%
190	VANGUARD WHITEHALL FDS	921946810	435	$39,202	0.01%
191	SPDR SERIES TRUST	78464A292	1,158	$36,778	0.01%
192	INVESCO EXCHANGE TRADED FD T	IVZ	750	$36,564	0.01%
193	DIMENSIONAL ETF TRUST	25434V799	1,155	$35,909	0.01%
194	SPDR SERIES TRUST	78468R853	800	$34,080	0.01%
195	DIMENSIONAL ETF TRUST	25434V765	1,135	$33,459	0.01%
196	FIRST TR EXCHNG TRADED FD VI	33740F854	800	$33,328	0.01%
197	FIRST TR EXCHNG TRADED FD VI	33740F151	1,500	$31,850	0.01%
198	FIRST TR EXCHNG TRADED FD VI	33740F581	1,000	$30,990	0.01%
199	DIMENSIONAL ETF TRUST	25434V666	958	$29,717	0.01%
200	FIRST TR EXCHNG TRADED FD VI	33740U687	800	$29,181	0.01%
201	INVESCO EXCH TRD SLF IDX FD	IVZ	1,500	$28,050	0.01%
202	VANGUARD SCOTTSDALE FDS	92206C599	101	$27,548	0.01%
203	INVESCO EXCH TRD SLF IDX FD	IVZ	1,330	$27,252	0.00%
204	SPDR SERIES TRUST	78464A805	355	$26,586	0.00%
205	FIRST TR EXCHNG TRADED FD VI	33740U653	700	$25,897	0.00%
206	FIRST TR EXCHNG TRADED FD VI	33740F649	857	$25,144	0.00%
207	FIRST TR EXCHNG TRADED FD VI	33740F342	1,000	$23,100	0.00%
208	FIRST TR EXCHNG TRADED FD VI	33740F698	500	$22,211	0.00%
209	ISHARES TR	464288174	300	$22,008	0.00%
210	DIMENSIONAL ETF TRUST	25434V732	711	$21,102	0.00%
211	FIRST TR EXCHNG TRADED FD VI	33740U406	500	$20,881	0.00%
212	ISHARES TR	464287101	65	$19,783	0.00%
213	VANGUARD SCOTTSDALE FDS	92206C664	215	$18,752	0.00%
214	ISHARES TR	464287523	75	$17,903	0.00%
215	SELECT SECTOR SPDR TR	81369Y886	200	$16,332	0.00%
216	SCHWAB STRATEGIC TR	808524201	630	$15,397	0.00%
217	INVESCO EXCH TRADED FD TR II	IVZ	660	$13,807	0.00%
218	FIRST TR EXCHANGE TRADED FD	33738R860	400	$13,212	0.00%
219	ISHARES TR	464288620	256	$13,169	0.00%
220	FIRST TR EXCHNG TRADED FD VI	33740U208	200	$10,348	0.00%
221	FIRST TR EXCHNG TRADED FD VI	33740F847	200	$10,022	0.00%
222	FIRST TR EXCHANGE-TRADED FD	33738D796	450	$9,441	0.00%
223	FIRST TR EXCHANGE-TRADED FD	33738D309	200	$9,178	0.00%
224	FIRST TR EXCHNG TRADED FD VI	33740F599	200	$8,968	0.00%
225	FIRST TR EXCHNG TRADED FD VI	33740F664	200	$8,954	0.00%
226	FIRST TR EXCHANGE TRADED FD	33734X119	135	$8,543	0.00%
227	FIRST TR EXCHNG TRADED FD VI	33740F763	150	$7,862	0.00%
228	FIRST TR EXCHNG TRADED FD VI	33740F771	168	$7,500	0.00%
229	SCHWAB STRATEGIC TR	808524870	224	$5,976	0.00%
230	FIRST TR EXCHNG TRADED FD VI	33740U380	200	$4,206	0.00%
231	DIMENSIONAL ETF TRUST	25434V708	100	$3,584	0.00%
232	INVESCO EXCH TRD SLF IDX FD	IVZ	150	$2,928	0.00%
233	FIRST TR EXCHANGE-TRADED FD	33733E732	150	$2,387	0.00%
234	FIRST TR EXCHANGE-TRADED FD	33733E740	150	$2,363	0.00%
235	ISHARES TR	464288588	24	$2,253	0.00%
236	SPDR SERIES TRUST	78464A854	31	$2,253	0.00%
237	VANGUARD SCOTTSDALE FDS	92206C706	33	$1,981	0.00%
238	ISHARES TR	464287150	12	$1,620	0.00%
239	VANGUARD SCOTTSDALE FDS	92206C565	21	$1,464	0.00%
240	VANGUARD INDEX FDS	922908512	2	$331	0.00%