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NAPA WEALTH MANAGEMENT — 13F Holdings & Portfolio

CIK 1602844 · latest 13F-HR filed 2025-11-12

Backtest portfolio

NAPA WEALTH MANAGEMENT manages $213.4M in 13F-reported U.S. long-equity assets across 148 reported positions as of its 2025-09-30 13F-HR filing. Its largest disclosed positions are PWS (4.44%), QQQM (4.15%), BOXX (3.61%). Quarter over quarter (versus its 2025-06-30 filing) the fund opened 49 new positions and exited 33; 46 existing positions rose in reported value and 25 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
$213.4M

Long-equity book

Holdings
148

Distinct positions

Period
2025-09-30

Filed 2025-11-12

Q/Q Activity
+49 / −33 / ↑46 / ↓25

vs 2025-06-30

Portfolio charts

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

Portfolio map

Q3 25
PWS4.4% · +59%QQQM4.2% · +47%BOXX3.6% · +20%ADPV3.5% · newHFEQ3.2% · newPTBD3.2% · +11%HFGM3.2% · newSPMO3.0% · newCTA2.8% · -20%IAUM2.5% · +24%TIP2.4% · newBDGS2.3% · -21%TRND2.2% · +77%NVDA2.1% · +0%BTRN2.0% · -27%IVV1.9% · -1%SDCI1.9% · +16%SPYM1.8% · -0%TLTW1.4% · +5%HFND1.4% · newQDTE1.2% · +2%XDTE1.2% · +3%PTIN1.2% · +21%USFR1.2% · -72%RDTE1.1% · +165%SMH1.0% · +108%HTGC1.0% · +2%FLXR1.0% · +108%PTNQ0.9% · -0%AAPL0.9% · -1%PTLC0.9% · -26%HIGH0.8% · +21%QQQ0.8% · -0%PLTR0.8% · -0%LQDW0.8% · +30%AETH0.7% · newAIQ0.7% · +9%EYLD0.7% · -2%FYLD0.7% · -4%APP0.6% · -7%BTOP0.6% · newHFMF0.6% · newMETA0.6% · -2%RSSB0.5% · newQQWZ0.5% · +21%ASHR0.5% · newANET0.5% · -3%EFV0.5% · newEEM0.5% · newEXI0.5% · newIDMO0.5% · newSCHG0.5% · newJXI0.5% · newIXN0.5% · newMSFT0.5% · +8%HARD0.5% · -77%PWRD0.5% · +15%GDLC0.5% · newVFLO0.5% · -36%CIFR0.4% · new

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 25 → Q3 25

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

2 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 = 33.7%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 26, 2025.

Assets Under Management
$266.7M
Discretionary
$266.7M
Employees
6
Accounts
571
Address
1836 SECOND STREET
NAPA, CA 94559-2328
Phone
(707) 252-1343
Website
Name Title / Status Ownership Type
AYLES, TIMOTHY, LEE ControlCHIEF INVESTMENT OFFICER
since Apr 2008
Less than 5%Individual
MCCUEN, GEORGE, PAUL ControlPRESIDENT
since Aug 1997
50–75%Individual
MCCUEN, MARIA, DIANNE ControlOWNER
since Aug 1998
50–75%Individual
MCCUEN, PATRICK, ANDREW ControlDIRECTOR OF FINANCIAL PLANNING/ CHIEF COMPLIANCE OFFICER
since Jan 2025
Less than 5%Individual
Ownership & leadership changes · 2 filings with changes since Oct 15, 2015

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.

Mar 26, 2025 filing
  • AddedMCCUEN, PATRICK, ANDREW · DIRECTOR OF FINANCIAL PLANNING/ CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ChangedMCCUEN, GEORGE, PAUL · title PRESIDENT/CHIEF COMPLIANCE OFFICER → PRESIDENT
Jun 30, 2021 filing
  • ChangedMCCUEN, GEORGE, PAUL · title PRESIDENT, CCO → PRESIDENT/CHIEF COMPLIANCE OFFICER
Oct 15, 2015 filing (earliest on record)
  • ListedAYLES, TIMOTHY, LEE · CHIEF INVESTMENT OFFICER · Less than 5% · control person
  • ListedMCCUEN, GEORGE, PAUL · PRESIDENT, CCO · 50–75% · control person
  • ListedMCCUEN, MARIA, DIANNE · OWNER · 50–75% · 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.

NAPA WEALTH MANAGEMENT Holdings (2025-09-30)

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 PACER FDS TR PWS 69374H840 $9.5M 4.44% 294,176 SH
2 INVESCO EXCH TRADED FD TR II QQQM 46138G649 $8.9M 4.15% 35,851 SH
3 EA SERIES TRUST BOXX 02072L565 $7.7M 3.61% 67,591 SH
4 SERIES PORTFOLIOS TR ADPV 81752T536 $7.4M 3.48% 174,917 SH
5 TIDAL TRUST I HFEQ 886364371 $6.9M 3.25% 309,022 SH
6 PACER FDS TR PTBD 69374H642 $6.9M 3.23% 348,012 SH
7 TIDAL TRUST I HFGM 886364363 $6.8M 3.20% 215,661 SH
8 INVESCO EXCH TRADED FD TR II SPMO 46138E339 $6.5M 3.04% 53,579 SH
9 SIMPLIFY EXCHANGE TRADED FUN CTA 82889N699 $5.9M 2.75% 210,055 SH
10 ISHARES GOLD TR IAUM 46436F103 $5.4M 2.54% 140,626 SH
11 ISHARES TR TIP 464287176 $5.0M 2.36% 45,258 SH
12 EA SERIES TRUST BDGS 02072L474 $4.9M 2.29% 142,413 SH
13 PACER FDS TR TRND 69374H675 $4.7M 2.22% 141,201 SH
14 NVIDIA CORPORATION NVDA 67066G104 $4.4M 2.07% 23,685 SH
15 GLOBAL X FDS BTRN 37960A487 $4.3M 2.02% 111,809 SH
16 ISHARES TR IVV 464287200 $4.1M 1.91% 6,098 SH
17 USCF ETF TR SDCI 90290T809 $4.1M 1.90% 176,636 SH
18 SPDR SERIES TRUST SPYM 78464A854 $3.8M 1.80% 49,126 SH
19 ISHARES TR TLTW 46436E338 $3.0M 1.42% 129,179 SH
20 TIDAL TRUST I HFND 886364439 $3.0M 1.39% 125,282 SH
21 ROUNDHILL ETF TRUST QDTE 77926X304 $2.7M 1.25% 74,623 SH
22 ROUNDHILL ETF TRUST XDTE 77926X205 $2.5M 1.19% 57,389 SH
23 PACER FDS TR PTIN 69374H683 $2.5M 1.18% 82,646 SH
24 WISDOMTREE TR USFR 97717Y527 $2.5M 1.16% 49,357 SH
25 ROUNDHILL ETF TRUST RDTE 77926X825 $2.5M 1.15% 73,259 SH
26 VANECK ETF TRUST SMH 92189F676 $2.1M 0.99% 6,484 SH
27 HERCULES CAPITAL INC HTGC 427096508 $2.1M 0.98% 111,045 SH
28 TCW ETF TRUST FLXR 29287L700 $2.0M 0.95% 51,152 SH
29 PACER FDS TR PTNQ 69374H303 $2.0M 0.94% 25,965 SH
30 APPLE INC AAPL 037833100 $1.9M 0.88% 7,340 SH
31 PACER FDS TR PTLC 69374H105 $1.8M 0.86% 33,642 SH
32 SIMPLIFY EXCHANGE TRADED FUN HIGH 82889N632 $1.8M 0.82% 75,937 SH
33 INVESCO QQQ TR QQQ 46090E103 $1.7M 0.77% 2,754 SH
34 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $1.6M 0.77% 9,022 SH
35 ISHARES TR LQDW 46436E288 $1.6M 0.75% 63,511 SH
36 BITWISE FUNDS TRUST AETH 091748301 $1.6M 0.73% 32,478 SH
37 GLOBAL X FDS AIQ 37954Y632 $1.5M 0.73% 31,332 SH
38 CAMBRIA ETF TR EYLD 132061706 $1.5M 0.72% 41,315 SH
39 CAMBRIA ETF TR FYLD 132061300 $1.5M 0.70% 47,874 SH
40 APPLOVIN CORP APP 03831W108 $1.3M 0.60% 1,796 SH
41 BITWISE FUNDS TRUST BTOP 091748400 $1.2M 0.57% 34,382 SH
42 TIDAL TRUST I HFMF 886364322 $1.2M 0.56% 56,020 SH
43 META PLATFORMS INC META 30303M102 $1.2M 0.55% 1,608 SH
44 TIDAL TRUST II RSSB 88636J204 $1.2M 0.55% 41,568 SH
45 PACER FDS TR QQWZ 69374H246 $1.2M 0.54% 46,730 SH
46 DBX ETF TR ASHR 233051879 $1.1M 0.54% 34,672 SH
47 ARISTA NETWORKS INC ANET 040413205 $1.1M 0.52% 7,617 SH
48 ISHARES TR EFV 464288877 $1.1M 0.51% 16,006 SH
49 ISHARES TR EEM 464287234 $1.1M 0.50% 19,994 SH
50 ISHARES TR EXI 464288729 $1.1M 0.50% 6,135 SH
Filing History
Period Filed AUM Holdings Accession
2025-09-30 2025-11-12 $213.4M 148 0001172661-25-004716
2025-06-30 2025-08-14 $209.1M 132 0001172661-25-003431