Institutional Manager · CIK 0002043725

Cannon Wealth Management Services, LLC

WINSTON SALEM, NC · File #028-24447

Latest AUM

$141.7M

Positions

Top-10 Concentration

53.0%

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
NEW	FIDELITY COVINGTON TRUST	31609A305	+114,424	+$4.8M	$0
ADD	VANGUARD WELLINGTON FD	921935706	+22,061	+$3.4M	+$11,577
REDUCE	PUTNAM ETF TRUST	746729300	-48,787	-$2.2M	+$457,587
REDUCE	CAPITAL GROUP CORE EQUITY ET	14020V108	-40,331	-$1.6M	+$158,341
ADD	J P MORGAN EXCHANGE TRADED F	46641Q670	+17,965	+$850,643	-$37,452
ADD	CAPITAL GRP FIXED INCM ETF T	14020Y508	+27,816	+$737,680	-$13,464
ADD	INVESCO EXCHANGE TRADED FD T	IVZ	+5,322	+$736,884	+$6,250
ADD	SCHWAB STRATEGIC TR	808524805	+26,788	+$643,985	+$68,608
REDUCE	SPDR SERIES TRUST	78464A409	-3,801	-$405,568	+$101,875
ADD	PIMCO ETF TR	72201R833	+3,969	+$398,251	-$5,564

Sector Allocation

Technology

5.9%$8.4M

Consumer Discretionary

2.8%$4.0M

1.8%$2.6M

0.8%$1.2M

0.8%$1.1M

0.7%$997,059

Communication Services

0.6%$794,388

Utilities

0.5%$700,810

Energy

0.4%$513,370

Filing History

Jan 27, 202613F HOLDINGS REPORTQ/E Dec 202583 pos · $141.7M
Nov 10, 202513F HOLDINGS REPORTQ/E Sep 202582 pos · $132.1M
Jul 23, 202513F HOLDINGS REPORTQ/E Jun 202580 pos · $122.4M
May 8, 202513F HOLDINGS REPORTQ/E Mar 202576 pos · $112.0M
Feb 4, 202513F HOLDINGS REPORTQ/E Dec 202478 pos · $116.0M
Nov 12, 202413F HOLDINGS REPORTQ/E Sep 202486 pos · $109.3M

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A854	160,236	$12.9M	9.74%
2	J P MORGAN EXCHANGE TRADED F	46641Q670	205,249	$9.7M	7.36%
3	SPDR SERIES TRUST	78464A508	135,476	$7.7M	5.83%
4	CAPITAL GROUP CORE EQUITY ET	14020V108	189,166	$7.6M	5.77%
5	CAPITAL GRP FIXED INCM ETF T	14020Y508	252,216	$6.7M	5.07%
6	SPDR SERIES TRUST	78468R101	184,495	$5.4M	4.09%
7	PUTNAM ETF TRUST	746729300	111,765	$5.1M	3.86%
8	VANGUARD WHITEHALL FDS	921946406	35,296	$5.1M	3.84%
9	SPDR SERIES TRUST	78464A474	167,700	$5.1M	3.84%
10	FIDELITY COVINGTON TRUST	31609A305	114,424	$4.8M	3.62%
11	SPDR SERIES TRUST	78464A409	42,691	$4.6M	3.45%
12	ISHARES TR	464287226	43,310	$4.3M	3.28%
13	VANGUARD WELLINGTON FD	921935706	26,534	$4.1M	3.08%
14	VANGUARD SPECIALIZED FUNDS	921908844	18,231	$4.0M	3.04%
15	APPLE INC	AAPL	14,003	$3.8M	2.88%
16	VANGUARD INDEX FDS	922908629	12,572	$3.6M	2.76%
17	SCHWAB STRATEGIC TR	808524805	117,057	$2.8M	2.13%
18	DUKE ENERGY CORP NEW	DUKB	19,593	$2.3M	1.74%
19	SPDR SERIES TRUST	78468R606	94,761	$2.2M	1.70%
20	MICROSOFT CORP	MSFT	4,613	$2.2M	1.69%