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BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC — 13F Holdings & Portfolio

CIK 1352860 · latest 13F-HR filed 2026-10-29

Backtest portfolio

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC manages $840.1M in 13F-reported U.S. long-equity assets across 762 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are SPY (20.42%), GAM (6.31%), CET (2.85%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 75 new positions and exited 29; 203 existing positions rose in reported value and 203 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$840.1M

Long-equity book

Holdings
762

Distinct positions

Period
2026-09-30

Filed 2026-10-29

Q/Q Activity
+75 / −29 / ↑203 / ↓203

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
SPY20.4% · +3%GAM6.3% · +1%CET2.9% · +12%SCHX2.7% · -2%ADX2.4% · -6%SCHB2.0% · +3%TY1.7% · -2%IWM1.7% · +2%SPYM1.7% · -3%VTI1.7% · +6%QQQ1.6% · +33%RVT1.5% · +10%DIA1.2% · +1%RSP1.2% · +0%AAPL1.2% · +3%RMT1.1% · +6%ASA1.0% · +1%PSUS1.0% · +25%VOO1.0% · 0%IVV0.9% · -1%NBXG0.9% · +9%STEW0.8% · +7%MSFT0.8% · +7%XBJA0.7% · -2%OCTB0.7% · -2%SCHA0.7% · -1%BSTZ0.7% · -0%GDV0.6% · +9%SPE0.6% · +16%FMAR0.6% · -2%BRW0.6% · +2%SCHV0.6% · +5%SCHM0.5% · -1%BMAY0.5% · +1%XMAR0.5% · -1%NFJ0.5% · -2%BJUN0.5% · -0%XBOC0.5% · -1%VBIL0.5% · +34%JNJ0.4% · +6%GRX0.4% · +10%NVDA0.4% · +9%AMZN0.4% · +9%BTX0.4% · +0%XBJL0.4% · -1%ECF0.4% · +19%PEO0.4% · +2%OCTW0.4% · -10%BCV0.4% · +14%BMEZ0.4% · +4%POCT0.4% · -7%BJUL0.4% · +10%XLE0.3% · -1%SABA0.3% · +7%MEGI0.3% · -1%VEA0.3% · +7%ASG0.3% · +27%BAPR0.3% · -1%GGZ0.3% · +4%SCHD0.3% · -1%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

5 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 43.5%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 10, 2026.

Assets Under Management
$1.12B
Discretionary
$951.2M
Employees
13
Accounts
2,249
Address
BLUE BELL EXECUTIVE CAMPUS
470 NORRISTOWN ROAD, SUITE 305
BLUE BELL, PA 19422-2322
Phone
(610) 825-3540
Website
Name Title / Status Ownership Type
CAPETOLA, JUSTIN, E ControlCHIEF COMPLIANCE OFFICER & JOINT MANAGING MEMBER/PARTNER
since May 2005
25–50%Individual
MILLER, J, SCOTT ControlCHIEF INVESTMENT OFFICER & JOINT MANAGING MEMBER/PARTNER
since May 2005
50–75%Individual
MILLER, JONATHAN ControlCHIEF EXECUTIVE OFFICER & JOINT MANAGING MEMBER/PARTNER
since May 2005
25–50%Individual
Ownership & leadership changes · 2 filings with changes since Feb 7, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Feb 25, 2023 filing
  • ChangedCAPETOLA, JUSTIN, E · title CHIEF COMPLIANCE OFFICER & JOINT MANAGING MEMBER → CHIEF COMPLIANCE OFFICER & JOINT MANAGING MEMBER/PARTNER
  • ChangedMILLER, J, SCOTT · title CHIEF INVESTMENT OFFICER & JOINT MANAGING MEMBER → CHIEF INVESTMENT OFFICER & JOINT MANAGING MEMBER/PARTNER
  • ChangedMILLER, JONATHAN · title CHIEF EXECUTIVE OFFICER & JOINT MANAGING MEMBER → CHIEF EXECUTIVE OFFICER & JOINT MANAGING MEMBER/PARTNER
Mar 25, 2022 filing
  • ChangedCAPETOLA, JUSTIN, E · ownership 10–25% → 25–50%
  • ChangedMILLER, J, SCOTT · ownership 75% or more → 50–75%
  • ChangedMILLER, JONATHAN · ownership 10–25% → 25–50%
Feb 7, 2012 filing (earliest on record)
  • ListedCAPETOLA, JUSTIN, E · CHIEF COMPLIANCE OFFICER & JOINT MANAGING MEMBER · 10–25% · control person
  • ListedMILLER, J, SCOTT · CHIEF INVESTMENT OFFICER & JOINT MANAGING MEMBER · 75% or more · control person
  • ListedMILLER, JONATHAN · CHIEF EXECUTIVE OFFICER & JOINT MANAGING MEMBER · 10–25% · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC Holdings (2026-09-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 STATE STREET SPDR S&P 500 ETF SPY 78462F103 $171.5M 20.42% 224,929 SH
2 GENERAL AMERN INVS CO INC COM GAM 368802104 $53.0M 6.31% 835,331 SH
3 CENTRAL SECS CORP COM CET 155123102 $23.9M 2.85% 431,278 SH
4 SCHWAB U.S. LARGE-CAP ETF SCHX 808524201 $22.9M 2.73% 763,149 SH
5 ADAMS DIVERSIFIED EQUITY FD COM ADX 006212104 $20.4M 2.43% 794,851 SH
6 SCHWAB U.S. BROAD MARKET ETF SCHB 808524102 $16.9M 2.01% 576,011 SH
7 TRI CONTL CORP COM TY 895436103 $14.5M 1.73% 423,593 SH
8 ISHARES RUSSELL 2000 ETF IWM 464287655 $14.2M 1.69% 51,179 SH
9 STATE STREET SPDR PORTFOLIO S&P 500 ETF SPYM 78464A854 $13.9M 1.66% 155,273 SH
10 VANGUARD MORNINGSTAR TOTAL STOCK MARKET ETF VTI 922908769 $13.9M 1.65% 37,123 SH
11 INVESCO QQQ TRUST SERIES I QQQ 46090E103 $13.7M 1.64% 18,570 SH
12 ROYCE SMALL CAP TRUST INC COM RVT 780910105 $12.7M 1.52% 743,968 SH
13 STATE STREET SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST DIA 78467X109 $10.4M 1.24% 20,520 SH
14 INVESCO S&P 500 EQUAL WEIGHT ETF RSP 46137V357 $10.3M 1.22% 49,427 SH
15 APPLE INC COM AAPL 037833100 $9.9M 1.18% 29,773 SH
16 ROYCE MICRO-CAP TR INC COM RMT 780915104 $9.4M 1.12% 700,377 SH
17 ASA GOLD AND PRECIOUS MTLS LMT SHS ASA G3156P103 $8.2M 0.97% 146,593 SH
18 PERSHING SQUARE USA LTD COM SHS PSUS 71531T105 $8.1M 0.96% 217,454 SH
19 VANGUARD S&P 500 ETF VOO 922908363 $8.0M 0.96% 11,466 SH
20 ISHARES CORE S&P 500 ETF IVV 464287200 $7.9M 0.94% 10,285 SH
21 NEUBERGER NEXT GENERATION COMMON STOCK NBXG 64133Q108 $7.4M 0.88% 472,887 SH
22 SRH TOTAL RETURN FUND INC COM STEW 101507101 $7.0M 0.83% 401,544 SH
23 MICROSOFT CORP COM MSFT 594918104 $6.5M 0.77% 12,609 SH
24 INNOVATOR U.S. EQUITY ACCELERATED 9 BUFFER ETF - JANUARY XBJA 45783Y780 $6.2M 0.74% 179,960 SH
25 APTUS OCTOBER BUFFER ETF OCTB 268961851 $5.9M 0.70% 209,548 SH
26 SCHWAB U.S. SMALL-CAP ETF SCHA 808524607 $5.7M 0.68% 175,053 SH
27 BLACKROCK SCIENCE & TECHNOLOGY SHS BEN INT BSTZ 09260K101 $5.6M 0.67% 190,230 SH
28 GABELLI DIVID & INCOME TR COM GDV 36242H104 $5.4M 0.64% 189,491 SH
29 SPECIAL OPPORTUNITIES FD INC COM SPE 84741T104 $5.2M 0.62% 412,610 SH
30 FT VEST US EQUITY BUFFER ETF - MARCH FMAR 33740F599 $5.2M 0.62% 96,484 SH
31 SABA CAPITAL INCOME & OPRNT FD SHS NEW BRW 78518H202 $5.1M 0.60% 842,416 SH
32 SCHWAB U.S. LARGE-CAP VALUE ETF SCHV 808524409 $4.9M 0.58% 145,836 SH
33 SCHWAB U.S. MID-CAP ETF SCHM 808524508 $4.6M 0.55% 135,190 SH
34 INNOVATOR U.S. EQUITY BUFFER ETF - MAY BMAY 45782C326 $4.6M 0.55% 94,845 SH
35 FT VEST U.S. EQUITY ENHANCE & MODERATE BUFFER ETF - MARCH XMAR 33740F474 $4.5M 0.54% 104,021 SH
36 VIRTUS DIVIDEND INTEREST & PR COM NFJ 92840R101 $4.2M 0.50% 281,424 SH
37 INNOVATOR U.S. EQUITY BUFFER ETF - JUNE BJUN 45782C755 $4.2M 0.50% 84,313 SH
38 INNOVATOR U.S. EQUITY ACCELERATED 9 BUFFER ETF - OCTOBER XBOC 45783Y848 $4.0M 0.47% 108,577 SH
39 VANGUARD 0-3 MONTH TREASURY BILL ETF VBIL 922040845 $3.8M 0.46% 50,574 SH
40 JOHNSON & JOHNSON COM JNJ 478160104 $3.5M 0.42% 13,338 SH
41 GABELLI HEALTHCARE & WELLNESS SHS GRX 36246K103 $3.4M 0.41% 361,780 SH
42 NVIDIA CORPORATION COM NVDA 67066G104 $3.4M 0.41% 15,009 SH
43 AMAZON COM INC COM AMZN 023135106 $3.4M 0.41% 13,749 SH
44 BLACKROCK TECH AND PRIVATE EQU SHS BEN INT BTX 09260Q108 $3.4M 0.40% 374,976 SH
45 INNOVATOR U.S. EQUITY ACCELERATED 9 BUFFER ETF - JULY XBJL 45783Y889 $3.4M 0.40% 81,871 SH
46 ELLSWORTH GROWTH & INCOME FD COM ECF 289074106 $3.3M 0.40% 285,041 SH
47 ADAM NAT RES FD INC COM PEO 00548F105 $3.2M 0.38% 117,091 SH
48 ALLIANZIM U.S. EQUITY BUFFER20 OCT ETF OCTW 00888H505 $3.2M 0.38% 75,944 SH
49 BANCROFT FD LTD COM BCV 059695106 $3.2M 0.38% 136,827 SH
50 BLACKROCK HEALTH SCIENCES TERM COM SHS BMEZ 09260E105 $3.1M 0.37% 184,701 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-29 $840.1M 762 0001352860-26-000006
2026-06-30 2026-08-06 $802.2M 716 0001352860-26-000003
2026-03-31 2026-05-11 $695.6M 724 0001352860-26-000002
2025-12-31 2026-02-09 $682.1M 727 0001352860-26-000001
2025-09-30 2025-10-22 $658.0M 735 0001352860-25-000007
Filer Information
Address
BLUE BELL EXECUTIVE CAMPUS
470 NORRISTOWN ROAD, SUITE 305
BLUE BELL, PA 19422
Phone
(610) 825-3540
Filing Manager
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC
BLUE BELL, PA
Signatory
Justin Capetola
Chief Compliance Officer