Institutional Manager · CIK 0002041262

Old North State Wealth Management, LLC

Wilmington, NC · File #028-24402

Latest AUM

$212.8M

Positions

118

Top-10 Concentration

39.4%

Filings

Portfolio Value Over Time

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
EXITED	CVS HEALTH CORP	126650100	-96,191	-$7.3M	$0
EXITED	FORD MTR CO	345370860	-541,476	-$6.5M	$0
ADD	GE VERNOVA INC	GEV	+4,062	+$2.7M	+$55,319
ADD	FMC CORP	FMC	+170,938	+$2.4M	-$2.5M
ADD	LYONDELLBASELL INDUSTRIES N	LYB	+38,057	+$1.6M	-$452,175
REDUCE	ALBEMARLE CORP	ALB-PA	-10,904	-$1.5M	+$1.9M
EXITED	VENTAS INC	92276F100	-19,555	-$1.4M	$0
ADD	BOEING CO	BA-PA	+4,810	+$1.0M	+$29,203
NEW	GENERAL DYNAMICS CORP	GD	+2,690	+$906,110	$0
ADD	STANLEY BLACK & DECKER INC	SWK	+11,748	+$873,339	-$4,447

Sector Allocation

Healthcare

14.8%$31.6M

Technology

12.0%$25.6M

Consumer Discretionary

10.8%$22.9M

Industrials

6.8%$14.5M

Materials

4.9%$10.4M

Consumer Staples

2.6%$5.5M

Communication Services

2.5%$5.3M

Financials

2.5%$5.3M

Energy

1.7%$3.6M

Utilities

0.5%$1.0M

Filing History

Jan 23, 202613F COMBINATION REPORTQ/E Dec 2025118 pos · $212.8M
Oct 17, 202513F COMBINATION REPORTQ/E Sep 2025123 pos · $213.8M
Jul 16, 202513F COMBINATION REPORTQ/E Jun 2025120 pos · $191.9M
Apr 24, 202513F COMBINATION REPORTQ/E Mar 2025110 pos · $179.6M
Jan 27, 202513F COMBINATION REPORTQ/E Dec 2024113 pos · $177.9M
Oct 29, 202413F COMBINATION REPORTQ/E Sep 2024108 pos · $178.5M
Oct 29, 202413F COMBINATION REPORTQ/E Sep 202490 pos · $153.2M
Oct 29, 202413F COMBINATION REPORTQ/E Sep 202498 pos · $151.8M
Oct 28, 202413F COMBINATION REPORTQ/E Sep 202471 pos · $113.9M
Oct 28, 202413F COMBINATION REPORTQ/E Sep 202472 pos · $114.1M
Oct 28, 202413F COMBINATION REPORTQ/E Sep 202481 pos · $135.4M
Oct 28, 202413F COMBINATION REPORTQ/E Sep 202466 pos · $106.9M
Oct 25, 202413F COMBINATION REPORTQ/E Sep 202459 pos · $86.5M
Oct 25, 202413F COMBINATION REPORTQ/E Sep 202455 pos · $87.8M
Oct 25, 202413F COMBINATION REPORTQ/E Sep 202463 pos · $99.5M
Oct 25, 202413F COMBINATION REPORTQ/E Sep 202459 pos · $100.1M
Oct 24, 202413F COMBINATION REPORTQ/E Sep 202457 pos · $99.2M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	BERKSHIRE HATHAWAY INC DEL	BRK-A	26,641	$13.4M	7.36%
2	APPLE INC	AAPL	32,040	$8.7M	4.79%
3	AMAZON COM INC	AMZN	34,607	$8.0M	4.39%
4	NVIDIA CORPORATION	NVDA	36,213	$6.8M	3.71%
5	HUNTINGTON INGALLS INDS INC	446413106	19,239	$6.6M	3.60%
6	GILEAD SCIENCES INC	GILD	50,385	$6.2M	3.40%
7	BOEING CO	BA-PA	27,486	$6.0M	3.28%
8	M/I HOMES INC	MHO	43,296	$5.5M	3.04%
9	STANLEY BLACK & DECKER INC	SWK	74,087	$5.5M	3.03%
10	BECTON DICKINSON & CO	BDX	26,305	$5.1M	2.81%
11	ENERGY TRANSFER L P	ET-PI	308,024	$5.1M	2.79%
12	LYONDELLBASELL INDUSTRIES N	LYB	116,726	$5.1M	2.78%
13	ENBRIDGE INC	ENNPF	93,268	$4.5M	2.45%
14	VANGUARD INDEX FDS	922908744	22,826	$4.4M	2.40%
15	ALPHABET INC	GOOG	13,655	$4.3M	2.35%
16	MEDTRONIC PLC	MDT	44,073	$4.2M	2.33%
17	BIOGEN INC	BIIB	23,809	$4.2M	2.30%
18	FMC CORP	FMC	295,829	$4.1M	2.25%
19	TAIWAN SEMICONDUCTOR MFG LTD	874039100	13,180	$4.0M	2.20%
20	BORGWARNER INC	BWA	87,340	$3.9M	2.16%