13F HOLDINGS REPORT

Novak & Powell Financial Services, Inc.

Quarter ended Q2 2025 · Filed August 11, 2025 · Accession 0002011548-25-000003

Total Value

$144.1M

Positions

146

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (146)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD GROWTH ETF	922908736	20,502	$9.0M	6.24%
2	INVESCO QQQ TR	IVZ	15,380	$8.5M	5.89%
3	VANGUARD LARGE-CAP ETF	922908637	28,669	$8.2M	5.67%
4	APPLE INCORPORATED	AAPL	39,069	$8.0M	5.56%
5	SPDR S&P 500 ETF	SPY	10,220	$6.3M	4.38%
6	MICROSOFT CORPORATION	MSFT	11,694	$5.8M	4.04%
7	VANGUARD TOTAL WORLD STOCK ETF	922042742	31,011	$4.0M	2.77%
8	VANGUARD DIVIDEND APPRECIATION ETF	921908844	18,521	$3.8M	2.63%
9	NVIDIA CORPORATION	NVDA	23,234	$3.7M	2.55%
10	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	78467X109	8,004	$3.5M	2.45%
11	VANGUARD VALUE ETF	922908744	19,729	$3.5M	2.42%
12	FIRST TRUST DOW JONES INTERNET INDEX FUND	33733E302	11,283	$3.0M	2.11%
13	ISHARES GOLD TR ISHARES NEW	IAU	38,586	$2.4M	1.67%
14	FIRST TRUST NASDAQ-100 TECHNOLOGY INDEX FUND	337345102	10,867	$2.3M	1.60%
15	VANGUARD TOTAL STOCK MARKET ETF	922908769	7,366	$2.2M	1.55%
16	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW	BRK-A	4,519	$2.2M	1.52%
17	ISHARES TR CORE S&P MCP ETF	464287507	29,367	$1.8M	1.26%
18	ISHARES TR CORE S&P SCP ETF	464287804	14,725	$1.6M	1.12%
19	JPMORGAN CHASE & COMPANY.	VYLD	5,520	$1.6M	1.11%
20	FIRST TRUST TECHNOLOGY ALPHADEX FUND	33734X176	10,092	$1.6M	1.10%
21	PROCTER AND GAMBLE COMPANY	742718109	8,948	$1.4M	0.99%
22	BOEING COMPANY	BA-PA	6,113	$1.3M	0.89%
23	ENTERPRISE PRODUCTS PARTNERS L P	293792107	40,287	$1.2M	0.87%
24	JOHNSON & JOHNSON	JNJ	7,734	$1.2M	0.82%
25	ISHARES TR DOW JONES US ETF	464287846	7,332	$1.1M	0.77%
26	VANGUARD FTSE ALL-WORLD EX-US ETF	922042775	15,942	$1.1M	0.74%
27	ISHARES TR ISHARES BIOTECH	464287556	8,323	$1.1M	0.73%
28	VANGUARD REAL ESTATE ETF	922908553	11,644	$1.0M	0.72%
29	VANGUARD FTSE EMERGING MARKETS ETF	922042858	20,932	$1.0M	0.72%
30	VANGUARD SHORT-TERM CORPORATE BOND ETF	92206C409	12,894	$1.0M	0.71%
31	AMAZON COM INCORPORATED	AMZN	4,669	$1.0M	0.71%
32	EQUIFAX INCORPORATED	EFX	3,939	$1.0M	0.71%
33	SBA COMMUNICATIONS CORPORATION NEW CLASS A REIT	SBAC	4,139	$972,003	0.67%
34	QUALCOMM INCORPORATED	QCOM	5,678	$904,249	0.63%
35	VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF	92206C870	10,788	$894,551	0.62%
36	VANGUARD HEALTH CARE ETF	92204A504	3,484	$865,118	0.60%
37	ECOLAB INCORPORATED	ECL	3,186	$858,543	0.60%
38	SPDR S&P INTERNATIONAL DIVIDEND ETF	78463X772	19,422	$818,653	0.57%
39	ISHARES TR S&P SML 600 GWT	464287887	6,138	$816,608	0.57%
40	FIRST TRUST DORSEY WRIGHT FOCUS 5 ETF	33738R605	13,627	$807,536	0.56%
41	AMGEN INCORPORATED	AMGN	2,743	$765,794	0.53%
42	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS A	BRK-A	1	$728,800	0.51%
43	ISHARES TR S&P MC 400VL ETF	464287705	5,805	$717,387	0.50%
44	DISNEY WALT COMPANY	254687106	5,723	$709,758	0.49%
45	ISHARES TR EXPANDED TECH	464287515	6,325	$692,588	0.48%
46	PHILIP MORRIS INTERNATIONAL INCORPORATED	718172109	3,799	$691,870	0.48%
47	ISHARES TR SP SMCP600VL ETF	464287879	6,912	$687,690	0.48%
48	VANGUARD TOTAL BOND MARKET ETF	921937835	9,223	$679,111	0.47%
49	EXXON MOBIL CORPORATION	XOM	6,222	$670,680	0.47%
50	BROOKFIELD INFRAST PARTNERS LP LP INT UNIT (BERMUDA)	G16252101	19,675	$659,113	0.46%
51	3M COMPANY	MMM	4,285	$652,356	0.45%
52	ALERIAN MLP ETF	00162Q452	13,282	$648,954	0.45%
53	VANGUARD TOTAL INTERNATIONAL STOCK ETF	921909768	9,282	$641,313	0.44%
54	PNC FINL SVCS GROUP INCORPORATED	693475105	3,364	$627,134	0.44%
55	CINTAS CORPORATION	CTAS	2,797	$623,290	0.43%
56	VANGUARD MATERIALS ETF	92204A801	3,104	$604,724	0.42%
57	WALMART INCORPORATED	WMT	6,046	$591,131	0.41%
58	VANGUARD MID-CAP GROWTH ETF	922908538	2,062	$586,412	0.41%
59	SOUTHERN COMPANY	SOMN	6,225	$571,622	0.40%
60	SPDR BLOOMBERG HIGH YIELD BOND ETF	78468R622	5,824	$566,487	0.39%
61	ISHARES TR S&P MC 400GR ETF	464287606	6,148	$559,379	0.39%
62	DNP SELECT INCOME FD INCORPORATED	23325P104	57,084	$558,856	0.39%
63	DUKE ENERGY CORPORATION NEW COM NEW	DUKB	4,581	$540,554	0.38%
64	TESLA INCORPORATED	TSLA	1,654	$525,410	0.36%
65	S & T BANCORP INCORPORATED	STBA	13,819	$522,635	0.36%
66	EVERGY INCORPORATED	EVRG	7,568	$521,681	0.36%
67	MCDONALDS CORPORATION	MCD	1,770	$517,174	0.36%
68	VANGUARD FTSE EUROPE ETF	922042874	6,662	$516,316	0.36%
69	VANGUARD SHORT-TERM TREASURY ETF	92206C102	8,600	$505,508	0.35%
70	VANGUARD FINANCIALS ETF	92204A405	3,870	$492,651	0.34%
71	FIRST TRUST HEALTH CARE ALPHADEX FUND	33734X143	4,751	$492,584	0.34%
72	FIRST TRUST CAPITAL STRENGTH ETF	33733E104	5,353	$486,567	0.34%
73	RAYMOND JAMES FINL INCORPORATED	754730109	3,073	$471,265	0.33%
74	SOUTHERN COPPER CORPORATION	SCCO	4,469	$452,129	0.31%
75	AUTOMATIC DATA PROCESSING INCORPORATED	ADP	1,465	$451,829	0.31%
76	COSTCO WHOLESALE CORPORATION NEW	22160K105	449	$444,557	0.31%
77	TEXAS INSTRS INCORPORATED	882508104	2,123	$440,701	0.31%
78	VANGUARD HIGH DIVIDEND YIELD ETF	921946406	3,036	$404,697	0.28%
79	STRYKER CORPORATION	SYK	1,000	$395,630	0.27%
80	NEXTERA ENERGY INCORPORATED	NEE-PW	5,670	$393,611	0.27%
81	MERCK & COMPANY INCORPORATED	MRK	4,914	$389,028	0.27%
82	VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF	921946810	4,212	$379,580	0.26%
83	UNITEDHEALTH GROUP INCORPORATED	UNH	1,209	$377,250	0.26%
84	MARRIOTT INTERNATIONAL INCORPORATED NEW CLASS A	571903202	1,373	$375,083	0.26%
85	CHEVRON CORPORATION NEW	CVX	2,575	$368,674	0.26%
86	NEOS S&P 500 HIGH INCOME ETF	78433H303	7,157	$360,157	0.25%
87	SFL CORPORATION LIMITED SHS (BERMUDA)	SFL	42,636	$355,154	0.25%
88	INVESCO S&P 500 LOW VOLATILITY ETF	IVZ	4,842	$352,582	0.24%
89	KROGER COMPANY	KR	4,871	$349,423	0.24%
90	ISHARES TR CORE S&P500 ETF	464287200	557	$345,608	0.24%
91	ISHARES TR RUS TP200 GR ETF	464289438	1,400	$345,114	0.24%
92	GE AEROSPACE COM NEW	369604301	1,328	$341,884	0.24%
93	BANK AMERICA CORPORATION	060505104	7,186	$340,026	0.24%
94	VANGUARD MID-CAP VALUE ETF	922908512	2,066	$339,774	0.24%
95	ISHARES TR U.S. TECH ETF	464287721	1,894	$328,173	0.23%
96	ELECTRONIC ARTS INCORPORATED	EA	2,053	$327,915	0.23%
97	MICROSTRATEGY INCORPORATED CLASS A NEW	STRK	804	$325,001	0.23%
98	M & T BK CORPORATION	55261F104	1,668	$323,510	0.22%
99	AT&T INCORPORATED	T-PC	10,931	$316,337	0.22%
100	SPDR INDUSTRIAL SELECT SECTOR FUND	81369Y704	2,120	$312,754	0.22%
101	PFIZER INCORPORATED	PFE	12,896	$312,598	0.22%
102	VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	922908363	532	$302,192	0.21%
103	APPLIED MATLS INCORPORATED	038222105	1,624	$297,368	0.21%
104	FIRST TRUST ETF II INDLS PROD DURABLE	33734X150	4,000	$296,880	0.21%
105	SPDR TECHNOLOGY SELECT SECTOR FUND	81369Y803	1,163	$294,600	0.20%
106	VERIZON COMMUNICATIONS INCORPORATED	VZ	6,778	$293,293	0.20%
107	REAVES UTIL INCOME FD COM SH BEN INT	756158101	7,941	$287,300	0.20%
108	ALTRIA GROUP INCORPORATED	MO	4,852	$284,476	0.20%
109	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF	74348A467	2,786	$280,516	0.19%
110	BROADRIDGE FINL SOLUTIONS INCORPORATED	11133T103	1,152	$280,055	0.19%
111	INVESCO S&P 500 TOP 50 ETF	IVZ	5,372	$279,881	0.19%
112	SPDR GOLD SHARES	GLD	895	$272,823	0.19%
113	GOLDMAN SACHS GROUP INCORPORATED	GSCE	380	$268,800	0.19%
114	VANGUARD UTILITIES ETF	92204A876	1,522	$268,648	0.19%
115	VANGUARD INFORMATION TECHNOLOGY ETF	92204A702	403	$267,302	0.19%
116	HONEYWELL INTERNATIONAL INCORPORATED	438516106	1,147	$267,097	0.19%
117	DEERE & COMPANY	DE	519	$263,941	0.18%
118	CISCO SYSTEMS INCORPORATED	CSCO	3,800	$263,666	0.18%
119	DANAHER CORPORATION	235851102	1,299	$256,604	0.18%
120	INVESCO S&P 500 EQUAL WEIGHT INDUSTRIALS ETF	IVZ	4,715	$252,394	0.18%
121	ISHARES TR ISHARES SEMICDTR	464287523	1,050	$250,635	0.17%
122	ABBVIE INCORPORATED	ABBV	1,341	$248,916	0.17%
123	COCA COLA COMPANY	KO	3,473	$245,738	0.17%
124	S&P GLOBAL INCORPORATED	SPGI	466	$245,459	0.17%
125	FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND	33733E203	1,512	$243,931	0.17%
126	UNION PAC CORPORATION	UNP	1,057	$243,113	0.17%
127	DOMINION ENERGY INCORPORATED	D	4,288	$242,365	0.17%
128	ISHARES TR MSCI EMG MKT ETF	464287234	4,918	$237,263	0.16%
129	PEPSICO INCORPORATED	PEP	1,771	$233,777	0.16%
130	VANGUARD MID-CAP ETF	922908629	825	$230,759	0.16%
131	INGREDION INCORPORATED	INGR	1,696	$230,054	0.16%
132	HOME DEPOT INCORPORATED	HD	613	$224,740	0.16%
133	PACER US CASH COWS 100 ETF	69374H881	4,054	$223,376	0.15%
134	YUM BRANDS INCORPORATED	YUM	1,495	$221,523	0.15%
135	LOWES COMPANIES INCORPORATED	548661107	948	$210,292	0.15%
136	VANGUARD SHORT-TERM BOND ETF	921937827	2,669	$210,029	0.15%
137	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	33739E108	11,731	$208,812	0.14%
138	FLAGSTAR FINANCIAL INCORPORATED COM NEW	FLG-PU	19,165	$203,145	0.14%
139	HEALTHPEAK PROPERTIES INCORPORATED REIT	DOC	11,445	$200,403	0.14%
140	INVESCO FINANCIAL PREFERRED ETF	IVZ	12,974	$183,060	0.13%
141	BNY MELLON STRATEGIC MUNS INCORPORATED	05588W108	26,055	$154,243	0.11%
142	ABRDN GLOBAL DYNAMIC DIVIDEND	AGD	13,030	$143,846	0.10%
143	MFS HIGH INCOME MUN TR SH BEN INT	59318D104	36,540	$130,814	0.09%
144	BNY MELLON STRATEGIC MUN BD FD	09662E109	17,609	$98,610	0.07%
145	MFS HIGH YIELD MUN TR SH BEN INT	59318E102	29,500	$98,235	0.07%
146	WESTERN ASSET MANAGED MUNS FD	95766M105	9,716	$96,188	0.07%