Institutional Manager · CIK 0002037426
Pines Wealth Management, LLC
SOUTHERN PINES, NC · File #028-24546
Latest AUM
$309.6M
Positions
225
Top-10 Concentration
49.0%
Filings
5
Portfolio Value Over Time
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 | SELECT SECTOR SPDR TR | 81369Y506 | +24,576 | +$1.1M | -$1.0M |
| ADD | CAPITAL GROUP NEW GEOGRAPHY | 14021N105 | +32,218 | +$1.0M | +$14,613 |
| ADD | SELECT SECTOR SPDR TR | 81369Y407 | +5,826 | +$695,695 | -$721,764 |
| NEW | FIDELITY COVINGTON TRUST | 316092295 | +19,682 | +$604,041 | $0 |
| ADD | NETFLIX INC | NFLX | +5,864 | +$549,809 | -$1.1M |
| ADD | SELECT SECTOR SPDR TR | 81369Y803 | +3,542 | +$509,942 | -$521,500 |
| REDUCE | META PLATFORMS INC | META | -575 | -$379,568 | -$246,770 |
| NEW | VANGUARD WORLD FD | 92204A504 | +1,235 | +$355,495 | $0 |
| EXITED | NOVO-NORDISK A S | 670100205 | -5,906 | -$327,724 | $0 |
| REDUCE | UNITEDHEALTH GROUP INC | UNH | -975 | -$321,994 | -$26,998 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025225 pos · $309.6M
- 13F HOLDINGS REPORTQ/E Sep 2025226 pos · $296.9M
- 13F HOLDINGS REPORTQ/E Jun 2025229 pos · $282.7M
- 13F HOLDINGS REPORTQ/E Mar 2025198 pos · $216.2M
- 13F HOLDINGS REPORTQ/E Dec 2024205 pos · $229.8M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | ISHARES TR | 464287200 | 31,952 | $21.9M | 10.52% |
| 2 | NVIDIA CORPORATION | NVDA | 65,142 | $12.1M | 5.84% |
| 3 | MICROSOFT CORP | MSFT | 21,843 | $10.6M | 5.08% |
| 4 | APPLE INC | AAPL | 38,554 | $10.5M | 5.04% |
| 5 | ABRDN PRECIOUS METALS BASKET | GLTR | 45,110 | $9.3M | 4.46% |
| 6 | AMAZON COM INC | AMZN | 37,583 | $8.7M | 4.17% |
| 7 | ISHARES TR | 464288414 | 76,425 | $8.2M | 3.93% |
| 8 | BROADCOM INC | AVGO | 22,660 | $7.8M | 3.77% |
| 9 | VANGUARD BD INDEX FDS | 921937827 | 85,956 | $6.8M | 3.25% |
| 10 | JPMORGAN CHASE & CO. | VYLD | 19,165 | $6.2M | 2.97% |
| 11 | WALMART INC | WMT | 52,800 | $5.9M | 2.83% |
| 12 | ALPHABET INC | GOOG | 18,155 | $5.7M | 2.74% |
| 13 | SPDR S&P 500 ETF TR | SPY | 7,899 | $5.4M | 2.59% |
| 14 | ISHARES TR | 464287242 | 48,566 | $5.4M | 2.57% |
| 15 | ELI LILLY & CO | LLY | 4,753 | $5.1M | 2.45% |
| 16 | ISHARES TR | 464288646 | 88,082 | $4.7M | 2.24% |
| 17 | ALPHABET INC | GOOG | 13,388 | $4.2M | 2.01% |
| 18 | ISHARES TR | 464287408 | 18,784 | $4.0M | 1.91% |
| 19 | ISHARES TR | 46434V613 | 71,041 | $3.3M | 1.59% |
| 20 | EXXON MOBIL CORP | XOM | 26,003 | $3.1M | 1.50% |