Institutional Manager · CIK 0001658535

Orgel Wealth Management, LLC

ALTOONA, WI · File #028-17407

Latest AUM

$4.53B

Positions

Top-10 Concentration

70.0%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	VANGUARD SCOTTSDALE FDS	92206C102	+553,478	+$32.5M	-$903,011
ADD	VANGUARD MUN BD FDS	922907746	+357,339	+$18.0M	+$703,890
REDUCE	SPDR SERIES TRUST	78464A409	-137,421	-$14.7M	+$8.4M
ADD	PIMCO ETF TR	72201R569	+243,673	+$12.1M	+$170,024
ADD	ISHARES TR	46432F339	+44,952	+$8.9M	+$12.4M
ADD	ISHARES TR	464287200	+9,889	+$6.8M	+$8.6M
ADD	GLOBAL X FDS	37954Y657	+343,311	+$6.5M	-$3.7M
ADD	FRANKLIN TEMPLETON ETF TR	FGDL	+107,072	+$6.0M	-$266,719
ADD	VANGUARD BD INDEX FDS	921937835	+73,739	+$5.5M	-$447,533
ADD	NEW YORK LIFE INVTS ACTIVE E	45409F827	+222,858	+$5.4M	+$183,079

Sector Allocation

Financials

0.7%$32.8M

Technology

0.1%$4.7M

Industrials

0.0%$2.0M

Consumer Discretionary

0.0%$917,302

Communication Services

0.0%$619,165

Real Estate

0.0%$445,594

Healthcare

0.0%$273,588

Consumer Staples

0.0%$215,280

Filing History

Jan 7, 202613F HOLDINGS REPORTQ/E Dec 202592 pos · $4.53B
Oct 6, 202513F HOLDINGS REPORTQ/E Sep 202588 pos · $4.38B
Jul 10, 202513F HOLDINGS REPORTQ/E Jun 202586 pos · $4.15B
Apr 15, 202513F HOLDINGS REPORTQ/E Mar 202581 pos · $3.85B
Jan 15, 202513F HOLDINGS REPORTQ/E Dec 202486 pos · $3.83B
Oct 17, 202413F HOLDINGS REPORTQ/E Sep 202481 pos · $4.00B
Jul 22, 202413F HOLDINGS REPORTQ/E Jun 202478 pos · $3.70B
Apr 15, 202413F HOLDINGS REPORTQ/E Mar 202481 pos · $3.65B
Oct 26, 202313F HOLDINGS REPORTQ/E Dec 202378 pos · $2.96B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	46432F339	3,050,553	$605.9M	13.43%
2	VANGUARD SCOTTSDALE FDS	92206C102	8,078,817	$474.5M	10.51%
3	SPDR SERIES TRUST	78464A409	3,690,972	$393.8M	8.73%
4	ISHARES TR	464287200	557,287	$381.7M	8.46%
5	ISHARES TR	464288414	2,615,919	$280.2M	6.21%
6	PIMCO ETF TR	72201R569	4,730,002	$235.1M	5.21%
7	VANGUARD WHITEHALL FDS	921946794	2,502,221	$225.2M	4.99%
8	SCHWAB STRATEGIC TR	808524805	8,932,214	$214.7M	4.76%
9	VANGUARD MUN BD FDS	922907746	3,556,836	$178.9M	3.96%
10	ISHARES TR	46432F396	676,461	$169.3M	3.75%
11	NEW YORK LIFE INVTS ACTIVE E	45409F827	6,325,741	$153.9M	3.41%
12	VANGUARD INDEX FDS	922908512	847,200	$150.3M	3.33%
13	GLOBAL X FDS	37954Y657	7,370,268	$139.4M	3.09%
14	SCHWAB STRATEGIC TR	808524201	4,679,398	$125.9M	2.79%
15	VANGUARD BD INDEX FDS	921937835	1,565,416	$116.0M	2.57%
16	VANGUARD ADMIRAL FDS INC	921932828	1,035,330	$114.9M	2.55%
17	FRANKLIN TEMPLETON ETF TR	FGDL	1,510,839	$85.0M	1.88%
18	FIDELITY COVINGTON TRUST	316092790	909,586	$68.8M	1.52%
19	SCHWAB STRATEGIC TR	808524706	2,002,676	$65.6M	1.45%
20	ISHARES TR	46432F842	723,576	$64.7M	1.43%