13F HOLDINGS REPORT

Novak & Powell Financial Services, Inc.

Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0002011548-25-000005

Total Value

$190.2M

Positions

163

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (163)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	VANGUARD GROWTH ETF	922908736	26,708	$12.8M	6.74%
2	INVESCO QQQ TR	IVZ	19,770	$11.9M	6.24%
3	APPLE INC	AAPL	39,945	$10.2M	5.35%
4	VANGUARD LARGE CAP ETF	922908637	29,201	$9.0M	4.73%
5	MICROSOFT CORP	MSFT	14,311	$7.4M	3.90%
6	SPDR S&P 500 ETF	SPY	10,239	$6.8M	3.59%
7	VANGUARD VALUE ETF	922908744	27,259	$5.1M	2.67%
8	VANGUARD TOTAL WORLD STOCK ETF	922042742	31,006	$4.3M	2.25%
9	BERKSHIRE HATHAWAY CLASS B	BRK-A	7,995	$4.0M	2.11%
10	VANGUARD DIVIDEND APPRECIATION ETF	921908844	18,518	$4.0M	2.10%
11	SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST	78467X109	7,892	$3.7M	1.92%
12	VANGUARD TOTAL STOCK MARKET ETF	922908769	10,884	$3.6M	1.88%
13	NVIDIA CORPORATION	NVDA	17,047	$3.2M	1.67%
14	FIRST TRUST DOW JONES INTERNET INDEX FUND	33733E302	11,283	$3.2M	1.66%
15	VANGUARD SHORT TERM COR BD ETF	92206C409	35,162	$2.8M	1.48%
16	ISHARES GOLD TR ISHARES NEW	IAU	38,390	$2.8M	1.47%
17	ISHARES CORE S&P MID CAP ETF	464287507	42,023	$2.7M	1.44%
18	FIRST TRUST NASDAQ-100 TECHNOLOGY INDEX FUND	337345102	10,867	$2.5M	1.31%
19	ISHARES CORE S&P SMALL CAP ETF	464287804	20,311	$2.4M	1.27%
20	JOHNSON & JOHNSON	JNJ	10,488	$1.9M	1.02%
21	ISHARES S&P SMALL CAP 600 ETF	464287879	17,390	$1.9M	1.01%
22	VANGUARD FINANCIALS ETF	92204A405	14,329	$1.9M	0.99%
23	JPMORGAN CHASE & CO	VYLD	5,670	$1.8M	0.94%
24	ISHARES S&P MID CAP 400 VALUE ETF	464287705	13,429	$1.7M	0.92%
25	ISHARES S&P SMLL CAP 600 GRTH ETF	464287887	11,990	$1.7M	0.89%
26	FIRST TRUST TECHNOLOGY ALPHADEX FUND	33734X176	10,092	$1.7M	0.89%
27	VANGUARD FTSE EMERGING MARKETS ETF	922042858	31,184	$1.7M	0.89%
28	VANGUARD HEALTH CARE ETF	92204A504	6,435	$1.7M	0.88%
29	VANGUARD MID CAP GROWTH ETF	922908538	5,437	$1.6M	0.84%
30	VANGUARD REAL ESTATE ETF	922908553	17,433	$1.6M	0.84%
31	ISHARES S&P MID CAP 400 GRWTH ETF	464287606	16,506	$1.6M	0.83%
32	VANGUARD INTERMEDIATE TERM COR ETF	92206C870	18,679	$1.6M	0.83%
33	ISHARES BIOTECHNOLOGY ETF	464287556	10,881	$1.6M	0.83%
34	VANGUARD SHORT-TERM BOND ETF	921937827	19,697	$1.6M	0.82%
35	PROCTER AND GAMBLE COMPANY	742718109	8,913	$1.4M	0.72%
36	BOEING COMPANY	BA-PA	6,116	$1.3M	0.69%
37	ENTERPRISE PRODS PART LP	293792107	40,903	$1.3M	0.67%
38	ISHARES TR DOW JONES US ETF	464287846	7,332	$1.2M	0.63%
39	VANGUARD MID CAP VALUE ETF	922908512	6,720	$1.2M	0.62%
40	VANGUARD UTILITIES ETF	92204A876	5,954	$1.1M	0.59%
41	AMAZON COM INCORPORATED	AMZN	4,995	$1.1M	0.58%
42	VANGUARD FTSE ALL-WORLD EX-US ETF	922042775	15,304	$1.1M	0.57%
43	VANGUARD TOTAL BOND MARKET ETF	921937835	14,211	$1.1M	0.56%
44	VANGUARD SMALL CAP GROWTH ETF	922908595	3,439	$1.0M	0.54%
45	VANGUARD FTSE EUROPE ETF	922042874	12,818	$1.0M	0.54%
46	EQUIFAX INCORPORATED	EFX	3,946	$1.0M	0.53%
47	QUALCOMM INCORPORATED	QCOM	5,704	$948,939	0.50%
48	ECOLAB INCORPORATED	ECL	3,187	$872,918	0.46%
49	FIRST TRUST DORSEY WRIGHT FOCUS 5 ETF	33738R605	13,602	$842,240	0.44%
50	SPDR S&P INTERNATIONAL DIVIDEND ETF	78463X772	19,608	$837,276	0.44%
51	AMGEN INC	AMGN	2,830	$798,497	0.42%
52	ISHARES S&P 500 VALUE ETF	464287408	3,777	$779,988	0.41%
53	SBA COMMUNICATIONS CORPORATION NEW CLASS A REIT	SBAC	3,939	$761,606	0.40%
54	ORACLE CORP	ORCL-PD	2,692	$757,100	0.40%
55	BERKSHIRE HATHAWAY INCORPORATED DEL CLASS A	BRK-A	1	$754,200	0.40%
56	MCDONALDS CORP	MCD	2,400	$729,464	0.38%
57	ISHARES TR EXPANDED TECH	464287515	6,225	$715,937	0.38%
58	ALERIAN MLP ETF	00162Q452	14,786	$693,918	0.36%
59	VANGUARD SMALL CAP VALUE ETF	922908611	3,322	$693,335	0.36%
60	3M CO	MMM	4,460	$692,075	0.36%
61	EXXON MOBIL CORP	XOM	6,121	$690,092	0.36%
62	VANGUARD TOTAL INTERNATIONAL STOCK ETF	921909768	9,289	$682,347	0.36%
63	PHILIP MORRIS INTERNATIONAL INCORPORATED	718172109	4,203	$681,681	0.36%
64	PNC FINL SVCS GROUP INCORPORATED	693475105	3,364	$675,951	0.36%
65	TESLA INCORPORATED	TSLA	1,449	$644,399	0.34%
66	WALMART INCORPORATED	WMT	6,053	$623,824	0.33%
67	VANGUARD MID CAP ETF	922908629	2,087	$613,152	0.32%
68	BROOKFIELD INFRAST PARTNERS LP LP INT UNIT	G16252101	18,575	$610,932	0.32%
69	VANGUARD MATERIALS ETF	92204A801	2,964	$607,162	0.32%
70	ISHARES CORE S&P 500 ETF	464287200	885	$592,324	0.31%
71	DISNEY WALT COMPANY	254687106	5,135	$587,991	0.31%
72	DNP SELECT INCOME FD INCORPORATED	23325P104	58,029	$580,869	0.31%
73	SOUTHERN COMPANY	SOMN	6,125	$580,446	0.31%
74	SPDR BLOOMBERG HIGH YIELD BOND ETF	78468R622	5,921	$580,200	0.31%
75	CINTAS CORPORATION	CTAS	2,803	$575,252	0.30%
76	DUKE ENERGY CORPORATION NEW COM NEW	DUKB	4,584	$567,311	0.30%
77	UNITEDHEALTH GROUP INC	UNH	1,615	$557,755	0.29%
78	SOUTHERN COPPER CORPORATION	SCCO	4,514	$547,819	0.29%
79	EVERGY INCORPORATED	EVRG	7,037	$534,960	0.28%
80	RAYMOND JAMES FINL INCORPORATED	754730109	3,073	$530,354	0.28%
81	FIRST TRUST HEALTH CARE ALPHADEX FUND	33734X143	4,751	$521,046	0.27%
82	S & T BANCORP INCORPORATED	STBA	13,819	$519,456	0.27%
83	VANGUARD SHORT-TERM TREASURY ETF	92206C102	8,600	$506,110	0.27%
84	VANGUARD SMALL CAP ETF	922908751	1,922	$488,632	0.26%
85	FIRST TRUST CAPITAL STRENGTH ETF	33733E104	5,154	$482,612	0.25%
86	NEOS S&P 500 HIGH INCOME ETF	78433H303	8,561	$447,720	0.24%
87	AUTOMATIC DATA PROCESSING INCORPORATED	ADP	1,468	$430,887	0.23%
88	VANGUARD HIGH DIVIDEND YIELD ETF	921946406	3,051	$430,073	0.23%
89	NEXTERA ENERGY INCORPORATED	NEE-PW	5,670	$428,028	0.23%
90	COSTCO WHOLESALE CORPORATION NEW	22160K105	449	$415,977	0.22%
91	ELECTRONIC ARTS INCORPORATED	EA	2,056	$414,610	0.22%
92	MERCK & COMPANY INCORPORATED	MRK	4,935	$414,155	0.22%
93	GE AEROSPACE COM NEW	369604301	1,328	$399,574	0.21%
94	TEXAS INSTRS INCORPORATED	882508104	2,130	$391,345	0.21%
95	ISHARES TR RUS TP200 GR ETF	464289438	1,400	$383,110	0.20%
96	VANGUARD INTERNATIONAL DIVIDEND APPRECIATION ETF	921946810	4,228	$378,744	0.20%
97	ISHARES TR U.S. TECH ETF	464287721	1,894	$370,959	0.20%
98	CHEVRON CORPORATION NEW	CVX	2,385	$370,334	0.19%
99	STRYKER CORPORATION	SYK	1,000	$369,670	0.19%
100	BANK AMERICA CORPORATION	060505104	7,116	$367,089	0.19%
101	INVESCO S&P 500 LOW VOLATILITY ETF	IVZ	4,843	$355,836	0.19%
102	ALTRIA GROUP INC	MO	5,368	$354,594	0.19%
103	MARRIOTT INTERNATIONAL INCORPORATED NEW CLASS A	571903202	1,360	$354,201	0.19%
104	FT VEST GOLD TARGET INCOME ETF	33733E856	14,300	$342,342	0.18%
105	ISHARES TR US CONSM STAPLES	464287812	4,932	$337,299	0.18%
106	SPDR GOLD SHARES	GLD	939	$333,786	0.18%
107	APPLIED MATLS INCORPORATED	038222105	1,626	$332,851	0.18%
108	SFL CORPORATION LIMITED SHS (BERMUDA)	SFL	44,009	$331,388	0.17%
109	M & T BK CORPORATION	55261F104	1,677	$331,351	0.17%
110	PFIZER INCORPORATED	PFE	12,957	$330,144	0.17%
111	KROGER COMPANY	KR	4,892	$329,799	0.17%
112	SPDR INDUSTRIAL SELECT SECTOR FUND	81369Y704	2,128	$328,170	0.17%
113	SPDR TECHNOLOGY SELECT SECTOR FUND	81369Y803	1,163	$327,907	0.17%
114	VANGUARD INDEX FUNDS S&P 500 ETF SHS NEW	922908363	532	$325,786	0.17%
115	PROSHARES S&P 500 DIVIDEND ARISTOCRATS ETF	74348A467	3,113	$320,887	0.17%
116	REAVES UTIL INCOME FD COM SH BEN INT	756158101	8,040	$318,545	0.17%
117	CONOCOPHILLIPS	COP	5,264	$317,210	0.17%
118	NEOS NASDAQ 100 HIGH INCOME ETF	78433H675	5,800	$314,360	0.17%
119	FIRST TRUST ETF II INDLS PROD DURABLE	33734X150	4,000	$312,240	0.16%
120	INVESCO S&P 500 TOP 50 ETF	IVZ	5,372	$308,997	0.16%
121	VERIZON COMMUNICATIONS I	VZ	7,005	$307,854	0.16%
122	GOLDMAN SACHS GROUP INCORPORATED	GSCE	381	$303,558	0.16%
123	AT&T INCORPORATED	T-PC	10,671	$301,357	0.16%
124	VANGUARD INFORMATION TECHNOLOGY ETF	92204A702	403	$300,892	0.16%
125	DIMENSIONAL U S SMALL CAP ETF	25434V500	4,248	$290,814	0.15%
126	CISCO SYS INC	CSCO	4,235	$289,733	0.15%
127	ISHARES CORE MSCI EMERGING ETF	464286533	4,381	$288,796	0.15%
128	ISHARES TR ISHARES SEMICDTR	464287523	1,050	$284,676	0.15%
129	BROADRIDGE FINL SOLUTIONS INCORPORATED	11133T103	1,152	$274,455	0.14%
130	ABBVIE INCORPORATED	ABBV	1,183	$273,912	0.14%
131	FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND	33733E203	1,512	$271,086	0.14%
132	ISHARES MSCI EMERGING MARKETS ETF	464287234	5,025	$269,865	0.14%
133	INVESCO S&P 500 EQUAL WEIGHT INDUSTRIALS ETF	IVZ	4,715	$264,512	0.14%
134	DOMINION ENERGY INCORPORATED	D	4,249	$259,892	0.14%
135	STRATEGY INCORPORATED CLASS A NEW	STRK	804	$259,057	0.14%
136	DANAHER CORPORATION	235851102	1,299	$257,540	0.14%
137	PEPSICO INCORPORATED	PEP	1,782	$250,238	0.13%
138	UNION PAC CORPORATION	UNP	1,057	$249,759	0.13%
139	HOME DEPOT INCORPORATED	HD	613	$248,492	0.13%
140	HONEYWELL INTERNATIONAL INCORPORATED	438516106	1,148	$241,549	0.13%
141	LOWES COMPANIES INCORPORATED	548661107	948	$238,202	0.13%
142	DEERE & COMPANY	DE	520	$237,689	0.12%
143	DIMENSIONAL INTERN CORE EQT MKT ETF	25434V203	6,537	$237,620	0.12%
144	PACER US CASH COWS 100 ETF	69374H881	4,079	$234,396	0.12%
145	CORNING INCORPORATED	GLW	2,851	$233,894	0.12%
146	META PLATFORMS INC CLASS A	META	317	$232,974	0.12%
147	YUM BRANDS INCORPORATED	YUM	1,500	$227,927	0.12%
148	COCA COLA COMPANY	KO	3,431	$227,544	0.12%
149	S&P GLOBAL INCORPORATED	SPGI	466	$226,569	0.12%
150	INTEL CORP	INTC	6,724	$225,595	0.12%
151	HEALTHPEAK PROPERTIES INCORPORATED REIT	DOC	11,639	$222,884	0.12%
152	FLAGSTAR FINANCIAL INCORPORATED COM NEW	FLG-PU	19,178	$221,502	0.12%
153	PHILLIPS 66	PSX	1,620	$220,385	0.12%
154	INVESCO S&P SMALLCAP INDUSTRIALS ETF	IVZ	1,467	$219,231	0.12%
155	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	33739E108	11,731	$213,973	0.11%
156	BALL CORP	BALL	4,200	$211,764	0.11%
157	BROADCOM INCORPORATED	AVGO	638	$210,483	0.11%
158	ISHARES INCORPORATED CORE MSCI EMKT	46434G103	3,157	$208,136	0.11%
159	INGREDION INCORPORATED	INGR	1,698	$207,329	0.11%
160	NORFOLK SOUTHN CORPORATION	655844108	685	$205,709	0.11%
161	FIRST TRUST NASDAQ RISING DIVIDEND ACHIEVERS	33738R506	3,050	$205,143	0.11%
162	GE VERNOVA INCORPORATED	GEV	330	$202,941	0.11%
163	EVERSOURCE ENERGY	ES	2,848	$202,607	0.11%