13F HOLDINGS REPORT

WEALTH EFFECTS LLC

Quarter ended Q2 2025 · Filed July 15, 2025 · Accession 0001951757-25-000849

Total Value

$267.3M

Positions

205

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (205)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	NVIDIA CORPORATION	NVDA	174,685	$27.6M	10.33%
2	AVADEL PHARMACEUTICALS PLC	G29687103	2,354,822	$20.8M	7.80%
3	APPLE INC	AAPL	83,766	$17.2M	6.43%
4	AMAZON COM INC	AMZN	59,801	$13.1M	4.91%
5	VANGUARD INDEX FDS	922908769	29,136	$8.9M	3.31%
6	JPMORGAN CHASE & CO.	VYLD	29,642	$8.6M	3.22%
7	MICROSOFT CORP	MSFT	16,949	$8.4M	3.15%
8	META PLATFORMS INC	META	11,283	$8.3M	3.12%
9	ALPHABET INC	GOOG	29,150	$5.1M	1.92%
10	THE TRADE DESK INC	88339J105	63,727	$4.6M	1.72%
11	BROADCOM INC	AVGO	14,435	$4.0M	1.49%
12	INTERNATIONAL BUSINESS MACHS	INTR	12,677	$3.7M	1.40%
13	BLACKSTONE INC	BX	23,713	$3.5M	1.33%
14	UNITED RENTALS INC	URI	3,658	$2.8M	1.03%
15	ISHARES TR	464287200	4,256	$2.6M	0.99%
16	ARROWHEAD PHARMACEUTICALS IN	ARWR	165,650	$2.6M	0.98%
17	VANGUARD INDEX FDS	922908736	5,853	$2.6M	0.96%
18	REAVES UTIL INCOME FD	756158101	69,699	$2.5M	0.94%
19	BERKSHIRE HATHAWAY INC DEL	BRK-A	4,995	$2.4M	0.91%
20	ENOVIX CORPORATION	ENVX	229,751	$2.4M	0.89%
21	ELASTIC N V	ESTC	27,908	$2.4M	0.88%
22	TESLA INC	TSLA	6,980	$2.2M	0.83%
23	MICRON TECHNOLOGY INC	MU	17,890	$2.2M	0.83%
24	CHEVRON CORP NEW	CVX	15,317	$2.2M	0.82%
25	FIRST TR EXCHANGE TRADED FD	33738R506	34,487	$2.2M	0.81%
26	BOEING CO	BA-PA	10,225	$2.1M	0.80%
27	ISHARES TR	464287150	14,945	$2.0M	0.76%
28	VANGUARD INDEX FDS	922908363	3,484	$2.0M	0.74%
29	ABBVIE INC	ABBV	10,043	$1.9M	0.70%
30	NUSCALE PWR CORP	NU	46,600	$1.8M	0.69%
31	NETFLIX INC	NFLX	1,355	$1.8M	0.68%
32	PFIZER INC	PFE	71,133	$1.7M	0.65%
33	J P MORGAN EXCHANGE TRADED F	46654Q203	30,687	$1.7M	0.62%
34	VERIZON COMMUNICATIONS INC	VZ	35,542	$1.5M	0.58%
35	J P MORGAN EXCHANGE TRADED F	46641Q332	26,511	$1.5M	0.56%
36	INVESCO QQQ TR	IVZ	2,702	$1.5M	0.56%
37	UNITEDHEALTH GROUP INC	UNH	4,688	$1.5M	0.55%
38	CITIGROUP INC	C-PR	16,459	$1.4M	0.52%
39	ISHARES TR	464287507	22,095	$1.4M	0.51%
40	DATADOG INC	DDOG	10,077	$1.4M	0.51%
41	PROCTER AND GAMBLE CO	742718109	8,426	$1.3M	0.50%
42	DIGITALOCEAN HLDGS INC	DOCN	43,450	$1.2M	0.46%
43	EXXON MOBIL CORP	XOM	11,203	$1.2M	0.45%
44	CATERPILLAR INC	CAT	3,063	$1.2M	0.44%
45	BANK AMERICA CORP	060505104	24,837	$1.2M	0.44%
46	ISHARES TR	464287408	5,982	$1.2M	0.44%
47	CHENIERE ENERGY INC	LNG	4,761	$1.2M	0.43%
48	VISA INC	V	3,196	$1.1M	0.42%
49	NEXTERA ENERGY INC	NEE-PW	16,301	$1.1M	0.42%
50	SENTINELONE INC	S	60,950	$1.1M	0.42%
51	VISTRA CORP	VST	5,717	$1.1M	0.41%
52	GLOBAL X FDS	37954Y483	65,777	$1.1M	0.41%
53	WALMART INC	WMT	11,240	$1.1M	0.41%
54	DEVON ENERGY CORP NEW	25179M103	33,858	$1.1M	0.40%
55	JOHNSON & JOHNSON	JNJ	6,747	$1.0M	0.39%
56	GENERAC HLDGS INC	GNRC	6,885	$986,001	0.37%
57	ORACLE CORP	ORCL-PD	4,304	$941,026	0.35%
58	HOME DEPOT INC	HD	2,513	$921,388	0.34%
59	VERTIV HOLDINGS CO	VRT	7,150	$918,180	0.34%
60	GE VERNOVA INC	GEV	1,674	$885,830	0.33%
61	SPDR S&P 500 ETF TR	SPY	1,396	$862,519	0.32%
62	MERCK & CO INC	MRK	10,814	$856,036	0.32%
63	ABBOTT LABS	ABLZF	6,224	$846,526	0.32%
64	ELI LILLY & CO	LLY	1,068	$832,472	0.31%
65	ALPHABET INC	GOOG	4,606	$817,120	0.31%
66	BRISTOL-MYERS SQUIBB CO	CELG-RI	17,651	$817,052	0.31%
67	PURECYCLE TECHNOLOGIES INC	PCTTW	59,600	$816,520	0.31%
68	VANGUARD SCOTTSDALE FDS	92206C409	10,118	$804,341	0.30%
69	PITNEY BOWES INC	PBI-PB	68,500	$747,335	0.28%
70	SELECT SECTOR SPDR TR	81369Y506	8,775	$744,208	0.28%
71	COSTCO WHSL CORP NEW	22160K105	741	$733,369	0.27%
72	AMGEN INC	AMGN	2,613	$729,483	0.27%
73	PALANTIR TECHNOLOGIES INC	PLTR	5,304	$723,041	0.27%
74	MORGAN STANLEY	MS-PQ	5,075	$714,865	0.27%
75	VANGUARD WORLD FD	92204A702	1,056	$700,525	0.26%
76	RTX CORPORATION	RTX	4,708	$687,462	0.26%
77	ISHARES TR	464287804	6,232	$681,095	0.25%
78	EATON VANCE TAX-MANAGED DIVE	ETN	43,812	$677,772	0.25%
79	CONSTELLATION ENERGY CORP	CEG	2,067	$667,072	0.25%
80	IRIDIUM COMMUNICATIONS INC	IRDM	22,107	$666,977	0.25%
81	VANGUARD BD INDEX FDS	921937835	8,748	$644,139	0.24%
82	ORGANON & CO	OGN	64,840	$627,651	0.23%
83	ISHARES TR	46432F834	7,923	$612,544	0.23%
84	SEACOAST BKG CORP FLA	SE	21,500	$593,830	0.22%
85	STATE STR CORP	STT-PG	5,554	$590,612	0.22%
86	AT&T INC	T-PC	20,395	$590,231	0.22%
87	GE AEROSPACE	369604301	2,276	$585,701	0.22%
88	DELTA AIR LINES INC DEL	DAL	11,678	$574,329	0.21%
89	VICTORY PORTFOLIOS II	92647P126	13,030	$561,593	0.21%
90	BLACKROCK SCIENCE & TECHNOLO	BLK	14,685	$560,517	0.21%
91	ALTRIA GROUP INC	MO	9,403	$551,318	0.21%
92	ISHARES TR	464287689	1,569	$550,719	0.21%
93	ISHARES TR	46434V621	8,521	$544,833	0.20%
94	EATON VANCE ENHANCED EQUITY	ETN	22,484	$544,343	0.20%
95	FIRST TR EXCHANGE-TRADED FD	33738D101	14,380	$539,387	0.20%
96	VANGUARD STAR FDS	921909768	7,696	$531,717	0.20%
97	EATON VANCE TAX-MANAGED BUY-	ETN	37,219	$516,229	0.19%
98	VANGUARD WHITEHALL FDS	921946406	3,863	$514,914	0.19%
99	AMERICAN TOWER CORP NEW	03027X100	2,298	$508,003	0.19%
100	APPLIED MATLS INC	038222105	2,710	$496,120	0.19%
101	GLOBAL E ONLINE LTD	GLBE	14,725	$493,877	0.18%
102	FIRST TR EXCHANGE-TRADED FD	33739Q200	9,902	$487,773	0.18%
103	SPDR SERIES TRUST	78464A888	4,901	$483,117	0.18%
104	GLOBAL PARTNERS LP	GLP-PB	9,000	$474,570	0.18%
105	VANGUARD INDEX FDS	922908553	5,313	$473,176	0.18%
106	FIDELITY COVINGTON TRUST	316092352	9,761	$470,858	0.18%
107	GOLDMAN SACHS GROUP INC	GSCE	656	$464,267	0.17%
108	FIDELITY WISE ORIGIN BITCOIN	FBTC	4,910	$461,491	0.17%
109	VANGUARD WORLD FD	92204A876	2,604	$459,632	0.17%
110	VANGUARD SCOTTSDALE FDS	92206C870	5,469	$453,484	0.17%
111	EATON VANCE TAX-MANAGED GLOB	ETN	51,567	$451,211	0.17%
112	ALPS ETF TR	00162Q452	8,890	$434,365	0.16%
113	MERCADOLIBRE INC	MELI	166	$433,863	0.16%
114	SPDR GOLD TR	GLD	1,379	$420,361	0.16%
115	LIGHTPATH TECHNOLOGIES INC	LPTH	136,000	$418,880	0.16%
116	DANAHER CORPORATION	235851102	2,065	$407,882	0.15%
117	TG THERAPEUTICS INC	TGTX	11,000	$395,890	0.15%
118	ISHARES BITCOIN TRUST ETF	IBIT	6,400	$391,744	0.15%
119	SCHWAB STRATEGIC TR	808524300	13,088	$382,300	0.14%
120	OKLO INC	OKLO	6,710	$375,693	0.14%
121	ONDAS HLDGS INC	ONDS	192,500	$369,600	0.14%
122	FIRST TR EXCHANGE-TRADED FD	33733E203	2,285	$368,639	0.14%
123	JUMIA TECHNOLOGIES AG	JMIA	90,060	$362,043	0.14%
124	WEYERHAEUSER CO MTN BE	WY	14,000	$359,661	0.13%
125	BLACKROCK INC	BLK	340	$356,745	0.13%
126	FIRST TR EXCHANGE-TRADED FD	33733B100	3,280	$354,183	0.13%
127	DEXCOM INC	DXCM	4,000	$349,160	0.13%
128	CHUBB LIMITED	CB	1,205	$349,076	0.13%
129	SCHWAB STRATEGIC TR	808524797	13,126	$347,839	0.13%
130	ASML HOLDING N V	ASMLF	430	$344,647	0.13%
131	BLACKROCK MUNIHLDGS NJ QLTY	BLK	31,294	$342,669	0.13%
132	SELECT SECTOR SPDR TR	81369Y308	4,171	$337,719	0.13%
133	REDDIT INC	RDDT	2,215	$333,513	0.12%
134	ARCHER DANIELS MIDLAND CO	ADM	6,300	$332,514	0.12%
135	ENTERPRISE PRODS PARTNERS L	293792107	10,700	$331,807	0.12%
136	DISNEY WALT CO	254687106	2,675	$331,727	0.12%
137	FS KKR CAP CORP	FSK	15,900	$329,925	0.12%
138	TRAVELERS COMPANIES INC	TRV	1,231	$329,397	0.12%
139	CELESTICA INC	CLS	2,100	$327,831	0.12%
140	DELL TECHNOLOGIES INC	DELL	2,645	$324,277	0.12%
141	IMMUNITYBIO INC	IBRX	122,000	$322,080	0.12%
142	SCHLUMBERGER LTD	SLB	9,350	$316,030	0.12%
143	COHEN & STEERS REIT & PFD &	19247X100	13,800	$314,226	0.12%
144	SELECT SECTOR SPDR TR	81369Y605	5,954	$311,804	0.12%
145	ISHARES SILVER TR	SLV	9,352	$306,839	0.11%
146	CVS HEALTH CORP	CVS	4,414	$304,487	0.11%
147	ARK ETF TR	00214Q104	4,325	$304,004	0.11%
148	WISDOMTREE TR	WT	6,024	$303,090	0.11%
149	VANGUARD SPECIALIZED FUNDS	921908844	1,480	$302,912	0.11%
150	SALESFORCE INC	CRM	1,110	$302,686	0.11%
151	HONEYWELL INTL INC	438516106	1,275	$297,036	0.11%
152	STRATEGY SHS	STRD	6,596	$296,622	0.11%
153	3-D SYS CORP DEL	88554D205	191,700	$295,218	0.11%
154	ABRDN WORLD HEALTHCARE FUND	THW	28,700	$294,462	0.11%
155	TRACTOR SUPPLY CO	TSCO	5,575	$294,193	0.11%
156	FIRST TR EXCHANGE TRADED FD	33734X184	6,898	$292,337	0.11%
157	CHURCH & DWIGHT CO INC	CHD	3,006	$288,935	0.11%
158	TJX COS INC NEW	872540109	2,338	$288,662	0.11%
159	ISHARES TR	464287457	3,447	$285,618	0.11%
160	MASTERCARD INCORPORATED	MA	508	$285,466	0.11%
161	QXO INC	QXO-PB	13,000	$280,030	0.10%
162	LOCKHEED MARTIN CORP	LMT	602	$278,823	0.10%
163	MOTOROLA SOLUTIONS INC	MSI	650	$273,299	0.10%
164	ISHARES TR	464288687	8,738	$268,082	0.10%
165	FIRST TR EXCHANGE-TRADED FD	33733A201	6,956	$266,617	0.10%
166	ISHARES TR	464287242	2,425	$265,804	0.10%
167	FIRST TR EXCHANGE-TRADED ALP	33734Y109	2,709	$263,575	0.10%
168	FIRST TR EXCHANGE TRADED FD	33734X846	3,448	$260,575	0.10%
169	VANGUARD INDEX FDS	922908512	1,578	$259,595	0.10%
170	ISHARES TR	464288158	2,437	$259,168	0.10%
171	THE ALGER ETF TRUST	015564503	8,397	$259,054	0.10%
172	PEPSICO INC	PEP	1,958	$258,534	0.10%
173	ENERGY TRANSFER L P	ET-PI	13,814	$250,448	0.09%
174	ISHARES TR	464287622	723	$245,509	0.09%
175	FIRST TR EXCHANGE TRADED FD	33734X192	2,013	$244,807	0.09%
176	ASTERA LABS INC	ALAB	2,675	$241,874	0.09%
177	CSX CORP	CSX	7,365	$240,320	0.09%
178	TORONTO DOMINION BK ONT	TORO	3,258	$239,300	0.09%
179	BLACKROCK ENERGY & RES TR	BLK	18,000	$238,680	0.09%
180	MCDONALDS CORP	MCD	815	$238,119	0.09%
181	FIRST TR EXCHANGE-TRADED FD	33733E807	10,050	$232,256	0.09%
182	NUVEEN NEW JERSEY QULT MUN F	NU	20,300	$230,405	0.09%
183	ZOETIS INC	ZTS	1,467	$228,841	0.09%
184	PURE CYCLE CORP	PCYO	21,000	$225,120	0.08%
185	SHOPIFY INC	SHOP	1,925	$222,049	0.08%
186	PALO ALTO NETWORKS INC	PANW	1,080	$221,049	0.08%
187	ISHARES TR	46434VBD1	8,746	$220,224	0.08%
188	HUMACYTE INC	HUMAW	102,167	$213,528	0.08%
189	UBER TECHNOLOGIES INC	UBER	2,202	$205,447	0.08%
190	SPDR SERIES TRUST	78464A763	1,510	$204,952	0.08%
191	FASTLY INC	FSLY	28,651	$202,275	0.08%
192	CALAMOS CONV OPPORTUNITIES &	128117108	16,932	$178,120	0.07%
193	FIRST TR EXCHANGE TRADED FD	33734X127	10,500	$159,390	0.06%
194	STEREOTAXIS INC	STXS	75,060	$159,127	0.06%
195	EATON VANCE RISK-MANAGED DIV	ETN	15,450	$139,668	0.05%
196	AKEBIA THERAPEUTICS INC	AKBA	34,500	$125,580	0.05%
197	ALTIMMUNE INC	ALT	31,750	$122,873	0.05%
198	INDIE SEMICONDUCTOR INC	INDI	33,950	$120,862	0.05%
199	SUNOPTA INC	STKL	19,900	$115,420	0.04%
200	CURIOSITYSTREAM INC	CURI	18,070	$101,732	0.04%
201	KOHLS CORP	KSS	10,000	$84,800	0.03%
202	PERSPECTIVE THERAPEUTICS INC	CATX	24,000	$82,560	0.03%
203	SCYNEXIS INC	SCYX	99,500	$67,143	0.03%
204	BEYOND AIR INC	XAIR	278,100	$47,917	0.02%
205	AUTOLUS THERAPEUTICS PLC	AUTL	13,500	$30,780	0.01%