Institutional Manager · CIK 0001795173

Physician Wealth Advisors, Inc.

MIDVALE, UT · File #028-19642

Latest AUM

$718.7M

Positions

2,027

Top-10 Concentration

53.9%

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	46432F339	-57,889	-$11.5M	+$549,200
ADD	ISHARES TR	464287408	+43,574	+$9.2M	+$549,003
ADD	DIMENSIONAL ETF TRUST	25434V302	+159,061	+$5.2M	+$607,461
REDUCE	APPLE INC	AAPL	-16,954	-$4.6M	+$1.4M
ADD	INVESCO EXCH TRADED FD TR II	IVZ	+37,352	+$4.5M	-$107,414
REDUCE	MICROSOFT CORP	MSFT	-3,597	-$1.7M	-$613,121
REDUCE	UNION PAC CORP	UNP	-5,662	-$1.3M	-$34,268
ADD	VANGUARD MUN BD FDS	922907712	+15,182	+$1.1M	+$21,263
REDUCE	ISHARES TR	464288877	-15,500	-$1.1M	+$1.0M
REDUCE	NVIDIA CORPORATION	NVDA	-5,751	-$1.1M	-$4,832

Sector Allocation

Financials

13.9%$100.2M

Technology

5.9%$42.5M

Healthcare

1.4%$10.4M

Consumer Discretionary

1.3%$9.1M

0.6%$4.3M

0.5%$3.5M

0.4%$2.7M

0.3%$2.0M

Communication Services

0.3%$2.0M

Energy

0.3%$1.9M

Utilities

0.2%$1.3M

Filing History

Jan 29, 202613F HOLDINGS REPORTQ/E Dec 20252,027 pos · $718.7M
Nov 4, 202513F HOLDINGS REPORTQ/E Sep 202511,496 pos · $702.6M
Jul 14, 202513F HOLDINGS REPORTQ/E Jun 20251,800 pos · $636.8M
Apr 28, 202513F HOLDINGS REPORTQ/E Mar 202510,994 pos · $580.8M
Feb 12, 202513F HOLDINGS REPORTQ/E Dec 20241,148 pos · $591.8M
Oct 16, 202413F HOLDINGS REPORTQ/E Sep 2024183 pos · $554.2M
Jul 17, 202413F HOLDINGS REPORTQ/E Jun 2024182 pos · $542.7M
Apr 17, 202413F HOLDINGS REPORTQ/E Mar 2024176 pos · $475.6M
Oct 10, 202313F HOLDINGS REPORTQ/E Dec 2023148 pos · $388.7M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	136,375	$93.4M	15.32%
2	SPDR SERIES TRUST	78464A854	415,737	$33.4M	5.47%
3	BLACKROCK ETF TRUST	BLK	520,752	$31.7M	5.19%
4	ISHARES TR	464287408	142,335	$30.2M	4.95%
5	DIMENSIONAL ETF TRUST	25434V203	759,225	$28.9M	4.74%
6	INVESCO EXCHANGE TRADED FD T	IVZ	412,035	$24.4M	4.00%
7	ISHARES TR	464287309	197,737	$24.4M	4.00%
8	DIMENSIONAL ETF TRUST	25434V302	743,154	$24.2M	3.97%
9	ISHARES TR	464288877	269,374	$19.2M	3.15%
10	ISHARES TR	464287150	126,688	$18.8M	3.09%
11	DIMENSIONAL ETF TRUST	25434V104	380,050	$17.8M	2.92%
12	APPLE INC	AAPL	62,305	$16.9M	2.78%
13	ISHARES INC	46434G103	250,382	$16.8M	2.76%
14	ISHARES TR	46432F339	75,413	$15.0M	2.46%
15	FIDELITY MERRIMACK STR TR	316188309	284,663	$13.1M	2.15%
16	BLACKROCK ETF TRUST	BLK	369,035	$12.3M	2.01%
17	INVESCO EXCH TRADED FD TR II	IVZ	99,074	$11.8M	1.94%
18	ISHARES TR	46432F842	131,174	$11.7M	1.92%
19	BLACKROCK ETF TRUST	BLK	294,828	$11.4M	1.86%
20	DIMENSIONAL ETF TRUST	25434V617	151,398	$11.2M	1.84%