Institutional Manager · CIK 0001731878

Paulson Wealth Management Inc.

West Palm Beach, FL · File #028-18668

Latest AUM

$432.9M

Positions

136

Top-10 Concentration

73.0%

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
REDUCE	ISHARES TR	464287614	-7,580	-$3.6M	+$692,165
ADD	PIMCO ETF TR	72201R833	+32,072	+$3.2M	-$1,437
ADD	SPDR SERIES TRUST	78468R739	+62,750	+$3.0M	-$10,003
ADD	VANGUARD SCOTTSDALE FDS	92206C409	+29,652	+$2.4M	-$43,228
REDUCE	ISHARES TR	464287598	-10,845	-$2.3M	+$1.9M
ADD	INVESCO EXCHANGE TRADED FD T	IVZ	+10,196	+$2.0M	+$23,622
ADD	NEUBERGER BERMAN ETF TRUST	64135A887	+27,040	+$1.4M	+$5,255
EXITED	INVESCO EXCH TRD SLF IDX FD	46138J528	-51,825	-$1.3M	$0
REDUCE	ALPHABET INC	GOOG	-2,873	-$899,193	+$553,879
ADD	ISHARES TR	464288661	+7,091	+$846,311	-$14,318

Sector Allocation

Technology

8.4%$36.5M

Financials

6.0%$25.9M

Healthcare

1.6%$7.0M

Consumer Discretionary

0.9%$4.0M

Industrials

0.7%$3.2M

Consumer Staples

0.4%$1.7M

Energy

0.3%$1.3M

Communication Services

0.2%$931,671

Materials

0.1%$325,556

Filing History

Feb 5, 202613F HOLDINGS REPORTQ/E Dec 2025136 pos · $432.9M
Nov 3, 202513F HOLDINGS REPORTQ/E Sep 2025136 pos · $423.0M
Aug 6, 202513F HOLDINGS REPORTQ/E Jun 2025142 pos · $386.2M
May 12, 202513F HOLDINGS REPORTQ/E Mar 2025132 pos · $355.2M
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 2024138 pos · $366.5M
Nov 5, 202413F HOLDINGS REPORTQ/E Sep 2024149 pos · $373.8M
Jul 25, 202413F HOLDINGS REPORTQ/E Jun 2024142 pos · $342.7M
May 3, 202413F HOLDINGS REPORTQ/E Mar 2024143 pos · $340.1M
Nov 1, 202313F HOLDINGS REPORTQ/E Dec 2023129 pos · $286.0M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287614	133,967	$63.4M	16.10%
2	ISHARES TR	464287598	270,484	$56.9M	14.44%
3	ISHARES TR	464287465	365,411	$35.1M	8.91%
4	ISHARES TR	464287655	142,345	$35.0M	8.90%
5	APPLE INC	AAPL	95,553	$26.0M	6.59%
6	VANGUARD SCOTTSDALE FDS	92206C409	245,899	$19.6M	4.98%
7	SPDR SERIES TRUST	78464A359	165,923	$14.8M	3.76%
8	NEUBERGER BERMAN ETF TRUST	64135A887	245,967	$12.6M	3.20%
9	SPDR S&P 500 ETF TR	SPY	18,266	$12.5M	3.16%
10	ISHARES TR	464288661	96,575	$11.5M	2.93%
11	VANGUARD TAX-MANAGED FDS	921943858	173,676	$10.8M	2.75%
12	SPDR S&P MIDCAP 400 ETF TR	MDY	11,421	$6.9M	1.75%
13	SPDR SERIES TRUST	78468R853	128,966	$6.0M	1.53%
14	ISHARES TR	464288687	174,888	$5.4M	1.37%
15	SPDR SERIES TRUST	78468R739	106,176	$5.1M	1.29%
16	BLACKROCK ETF TRUST II	BLK	200,971	$4.8M	1.23%
17	INVESCO QQQ TR	IVZ	7,439	$4.6M	1.16%
18	INVESCO EXCHANGE TRADED FD T	IVZ	22,896	$4.4M	1.11%
19	SCHWAB STRATEGIC TR	808524201	156,674	$4.2M	1.07%
20	ISHARES TR	464287200	5,797	$4.0M	1.01%