Modern Wealth Management, LLC — 13F Holdings & Portfolio
CIK 2001900 · latest 13F-HR filed 2026-08-14
Modern Wealth Management, LLC manages $8.40B in 13F-reported U.S. long-equity assets across 3,022 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are FBND (4.39%), JCPB (2.40%), SPYM (2.36%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 269 new positions and exited 38; 558 existing positions rose in reported value and 161 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
$8.40B
Long-equity book
Holdings
3,022
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+269 / −38 / ↑558 / ↓161
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26FBND4.4% · +62%JCPB2.4% · +97%SPYM2.4% · +85%PVAL2.3% · +65%AAPL2.1% · +19%JAAA1.8% · +7%IVV1.8% · +26%AVDE1.6% · +91%LRGF1.6% · +72%AVEM1.6% · +24%SPY1.6% · +166%VTI1.5% · +17%VFLO1.5% · +18%MSFT1.3% · +34%SPTM1.2% · -18%IVW1.2% · +24%QQQ1.1% · -2%VGIT1.0% · +286%QLTY1.0% · +92%IQLT0.9% · +12%PYLD0.9% · +2521%QGRO0.9% · newQUAL0.9% · -27%SMLF0.9% · +10%SHY0.8% · +81%QQQM0.8% · +109%IVE0.8% · -2%JPM0.7% · +15%DFIS0.7% · +38%SCHX0.7% · -2%NVDA0.7% · +32%SCHF0.7% · -5%BRK.B0.6% · +8%GOOGL0.6% · +8%AMZN0.6% · +22%SCHB0.6% · +4%MINT0.5% · +1226%GPIX0.5% · +39%HEWJ0.5% · -2%DYNF0.5% · +95%OUNZ0.5% · +91%IWF0.5% · +4216%GOOG0.5% · +19%TSM0.5% · -19%IUSB0.5% · +51%JIRE0.5% · -1%XCEM0.4% · newVTV0.4% · 0%PPA0.4% · +56%FTSL0.4% · newBINC0.4% · +216%XLF0.4% · +2999%DGRW0.4% · +6%VEA0.4% · +1%XLE0.4% · -3%IEF0.4% · +68%SCHZ0.4% · +7%KORP0.4% · newFEX0.4% · +11858%STIP0.4% · -17%
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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 22.1%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Jul 2, 2026.
Assets Under Management
$10.90B
Discretionary
$10.23B
Employees
253
Accounts
30,617
Address
1712 MAIN STREET
SUITE 400
KANSAS CITY, MO 64108
SUITE 400
KANSAS CITY, MO 64108
Phone
(913) 393-1000
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| CAPELLE, MICHAEL, JOHN Control | CO-CEO since Dec 2022 | Less than 5% | Individual |
| GORDO, JASON, MICHAEL Control | PRESIDENT since Dec 2022 | Less than 5% | Individual |
| MWH INTERMEDIATE II, LLC Control | OWNER since Oct 2024 | 75% or more | Domestic Entity |
| ROTH, GARY, LAWRENCE Control | CO-CEO since Dec 2022 | Less than 5% | Individual |
| Rankin, James, Porter Control | CHIEF COMPLIANCE OFFICER since Nov 2023 | Less than 5% | Individual |
| CASSIDY, BRIAN, PATRICK Control Indirect owner via CRESTVIEW, L.L.C. | OWNER since Apr 2023 | 25–50% | Individual |
| CRESTVIEW HOLDINGS IV (OFFSHORE), L.P. Control Indirect owner via CRESTVIEW IV MWM GP, LLC | OWNER since Apr 2023 | 25–50% | Foreign Entity |
| CRESTVIEW HOLDINGS IV (OFFSHORE), L.P. Control Indirect owner via CRESTVIEW IV MWM HOLDINGS, L.P. | OWNER since Apr 2023 | 25–50% | Foreign Entity |
| CRESTVIEW IV MWM GP, LLC Control Indirect owner via CRESTVIEW IV MWM HOLDINGS, L.P. | GENERAL PARTNER since Apr 2023 | General partner, trustee or manager | Domestic Entity |
| CRESTVIEW IV MWM HOLDINGS, L.P. Control Indirect owner via MODERN WEALTH HOLDINGS, LLC | MEMBER since Apr 2023 | 50–75% | Domestic Entity |
| CRESTVIEW PARTNERS IV GP, L.P. Control Indirect owner via CRESTVIEW HOLDINGS IV (OFFSHORE), L.P. | GENERAL PARTNER since Apr 2023 | General partner, trustee or manager | Foreign Entity |
| CRESTVIEW PARTNERS IV GP, L.P. Control Indirect owner via CRESTVIEW PARTNERS IV, L.P. | GENERAL PARTNER since Apr 2023 | General partner, trustee or manager | Foreign Entity |
| CRESTVIEW PARTNERS IV, L.P. Control Indirect owner via CRESTVIEW IV MWM GP, LLC | OWNER since Apr 2023 | 50–75% | Foreign Entity |
| CRESTVIEW PARTNERS IV, L.P. Control Indirect owner via CRESTVIEW IV MWM HOLDINGS, L.P. | OWNER since Apr 2023 | 50–75% | Foreign Entity |
| CRESTVIEW, L.L.C. Control Indirect owner via CRESTVIEW PARTNERS IV GP, L.P. | GENERAL PARTNER since Apr 2023 | General partner, trustee or manager | Domestic Entity |
| MODERN WEALTH HOLDINGS, LLC Control Indirect owner via MWM INTERMEDIATE I, LLC | OWNER since Oct 2024 | 75% or more | Domestic Entity |
| MWH HOLDCO I, LLC Control Indirect owner via MODERN WEALTH HOLDINGS, LLC | MEMBER since Dec 2024 | 25–50% | Domestic Entity |
| MWM INTERMEDIATE I, LLC Control Indirect owner via MWH INTERMEDIATE II, LLC | OWNER since Oct 2024 | 75% or more | Domestic Entity |
| VOLPERT INVESTORS, L.L.C. Control Indirect owner via VOLPERT INVESTORS, L.P. | GENERAL PARTNER since Apr 2023 | General partner, trustee or manager | Domestic Entity |
| VOLPERT INVESTORS, L.P. Control Indirect owner via CRESTVIEW, L.L.C. | OWNER since Apr 2023 | 25–50% | Domestic Entity |
| VOLPERT, BARRY, STUART Control Indirect owner via VOLPERT INVESTORS, L.L.C. | MEMBER since Apr 2023 | 75% or more | Individual |
Ownership & leadership changes · 6 filings with changes since Dec 21, 2022
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 27, 2025 filing
- AddedMWH HOLDCO I, LLC · MEMBER · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · control person
- ChangedCRESTVIEW IV MWM HOLDINGS, L.P. · indirect via MODERN WEALTH HOLDINGS, LLC: ownership 75% or more → 50–75%
Dec 3, 2024 filing
- AddedVOLPERT INVESTORS, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via VOLPERT INVESTORS, L.P. · control person
- AddedVOLPERT, BARRY, STUART · MEMBER · 75% or more · indirect via VOLPERT INVESTORS, L.L.C. · control person
Dec 2, 2024 filing
- No longer listedMODERN WEALTH HOLDINGS, LLC · OWNER · 75% or more · control person · listed since Dec 2022
- AddedCASSIDY, BRIAN, PATRICK · OWNER · 25–50% · indirect via CRESTVIEW, L.L.C. · control person
- AddedCRESTVIEW HOLDINGS IV (OFFSHORE), L.P. · OWNER · 25–50% · indirect via CRESTVIEW IV MWM GP, LLC · control person
- AddedCRESTVIEW HOLDINGS IV (OFFSHORE), L.P. · OWNER · 25–50% · indirect via CRESTVIEW IV MWM HOLDINGS, L.P. · control person
- AddedCRESTVIEW IV MWM GP, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via CRESTVIEW IV MWM HOLDINGS, L.P. · control person
- AddedCRESTVIEW PARTNERS IV GP, L.P. · GENERAL PARTNER · General partner, trustee or manager · indirect via CRESTVIEW HOLDINGS IV (OFFSHORE), L.P. · control person
- AddedCRESTVIEW PARTNERS IV GP, L.P. · GENERAL PARTNER · General partner, trustee or manager · indirect via CRESTVIEW PARTNERS IV, L.P. · control person
- AddedCRESTVIEW PARTNERS IV, L.P. · OWNER · 50–75% · indirect via CRESTVIEW IV MWM GP, LLC · control person
- AddedCRESTVIEW PARTNERS IV, L.P. · OWNER · 50–75% · indirect via CRESTVIEW IV MWM HOLDINGS, L.P. · control person
- AddedCRESTVIEW, L.L.C. · GENERAL PARTNER · General partner, trustee or manager · indirect via CRESTVIEW PARTNERS IV GP, L.P. · control person
- AddedMODERN WEALTH HOLDINGS, LLC · OWNER · 75% or more · indirect via MWM INTERMEDIATE I, LLC · control person
- AddedMWH INTERMEDIATE II, LLC · OWNER · 75% or more · control person
- AddedMWM INTERMEDIATE I, LLC · OWNER · 75% or more · indirect via MWH INTERMEDIATE II, LLC · control person
- AddedVOLPERT INVESTORS, L.P. · OWNER · 25–50% · indirect via CRESTVIEW, L.L.C. · control person
- ChangedCRESTVIEW IV MWM HOLDINGS, L.P. · indirect via MODERN WEALTH HOLDINGS, LLC: ownership 50–75% → 75% or more
- ChangedRankin, James, Porter · now a control person
Mar 30, 2024 filing
- ChangedCRESTVIEW IV MWM HOLDINGS, L.P. · indirect via MODERN WEALTH HOLDINGS, LLC: ownership 75% or more → 50–75%
Nov 20, 2023 filing
- No longer listedCLOUGH, THOMAS, DEAN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Apr 2023
- AddedRankin, James, Porter · CHIEF COMPLIANCE OFFICER · Less than 5%
Apr 25, 2023 filing
- No longer listedCAPELLE, MICHAEL, JOHN · CO-CEO · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · control person · listed since Dec 2022
- No longer listedGORDO, JASON · PRESIDENT · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · control person · listed since Dec 2022
- No longer listedROTH, GARY, LAWRENCE · CO-CEO · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · control person · listed since Dec 2022
- AddedCLOUGH, THOMAS, DEAN · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- AddedCRESTVIEW IV MWM HOLDINGS, L.P. · MEMBER · 75% or more · indirect via MODERN WEALTH HOLDINGS, LLC · control person
- ChangedCAPELLE, MICHAEL, JOHN · title CCO → CO-CEO
Dec 21, 2022 filing (earliest on record)
- ListedCAPELLE, MICHAEL, JOHN · CCO · Less than 5% · control person
- ListedCAPELLE, MICHAEL, JOHN · CO-CEO · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · control person
- ListedGORDO, JASON · PRESIDENT · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · control person
- ListedGORDO, JASON, MICHAEL · PRESIDENT · Less than 5% · control person
- ListedMODERN WEALTH HOLDINGS, LLC · OWNER · 75% or more · control person
- ListedROTH, GARY, LAWRENCE · CO-CEO · Less than 5% · control person
- ListedROTH, GARY, LAWRENCE · CO-CEO · 25–50% · indirect via MODERN WEALTH HOLDINGS, LLC · 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.
Top Adds (vs prior quarter)
- FIDELITY MERRIMACK STR TR$140.2M +61.3%
- SPDR SERIES TRUST$104.2M +110.6%
- J P MORGAN EXCHANGE TRADED F$99.4M +97.0%
- STATE STR SPDR S&P 500 ETF T$87.4M +202.7%
- PUTNAM ETF TRUST$86.7M +80.8%
Top Trims
- JANUS DETROIT STR TR-$60.9M -67.4%
- ISHARES TR-$49.7M -99.3%
- ISHARES TR-$48.5M -99.3%
- SPDR SERIES TRUST-$42.2M -70.2%
- T ROWE PRICE EXCHANGE-TRADED-$39.7M -86.8%
New Positions
- AMERICAN CENTY ETF TR$72.9M
- COLUMBIA ETF TR II$36.9M
- FIRST TR EXCHANGE-TRADED FD$34.3M
- AMERICAN CENTY ETF TR$30.0M
- SELECT SECTOR SPDR TR$29.4M
Exited Positions
- HONEYWELL INTL INC$28.8M
- AMERICAN CENTY ETF TR$18.6M
- INVESCO EXCH TRADED FD TR II$4.0M
- AIM ETF PRODUCTS TRUST$1.9M
- ISHARES TR$1.5M
Modern Wealth Management, LLC Holdings (2026-06-30)
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 | FIDELITY MERRIMACK STR TR | FBND | 316188309 | $368.4M | 4.39% | 8,098,654 | SH |
| 2 | J P MORGAN EXCHANGE TRADED F | JCPB | 46641Q670 | $201.7M | 2.40% | 4,297,138 | SH |
| 3 | SPDR SERIES TRUST | SPYM | 78464A854 | $198.4M | 2.36% | 2,257,188 | SH |
| 4 | PUTNAM ETF TRUST | PVAL | 746729300 | $194.1M | 2.31% | 3,809,127 | SH |
| 5 | APPLE INC | AAPL | 037833100 | $169.2M | 2.02% | 584,696 | SH |
| 6 | JANUS DETROIT STR TR | JAAA | 47103U845 | $149.2M | 1.78% | 2,954,941 | SH |
| 7 | ISHARES TR | IVV | 464287200 | $148.5M | 1.77% | 198,316 | SH |
| 8 | AMERICAN CENTY ETF TR | AVDE | 025072703 | $137.6M | 1.64% | 1,542,262 | SH |
| 9 | ISHARES TR | LRGF | 46434V282 | $137.0M | 1.63% | 1,810,836 | SH |
| 10 | AMERICAN CENTY ETF TR | AVEM | 025072604 | $133.0M | 1.58% | 1,378,869 | SH |
| 11 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $130.5M | 1.55% | 174,698 | SH |
| 12 | VANGUARD INDEX FDS | VTI | 922908769 | $128.6M | 1.53% | 347,590 | SH |
| 13 | VICTORY PORTFOLIOS II | VFLO | 92647X830 | $127.6M | 1.52% | 2,788,625 | SH |
| 14 | MICROSOFT CORP | MSFT | 594918104 | $106.4M | 1.27% | 285,186 | SH |
| 15 | SPDR SERIES TRUST | SPTM | 78464A805 | $102.5M | 1.22% | 1,128,897 | SH |
| 16 | ISHARES TR | IVW | 464287309 | $101.1M | 1.20% | 735,392 | SH |
| 17 | INVESCO QQQ TR | QQQ | 46090E103 | $91.5M | 1.09% | 124,206 | SH |
| 18 | VANGUARD SCOTTSDALE FDS | VGIT | 92206C706 | $84.8M | 1.01% | 1,436,982 | SH |
| 19 | GMO ETF TRUST | QLTY | 90139K100 | $83.4M | 0.99% | 2,002,727 | SH |
| 20 | ISHARES TR | IQLT | 46434V456 | $77.5M | 0.92% | 1,564,185 | SH |
| 21 | PIMCO ETF TR | PYLD | 72201R585 | $73.6M | 0.88% | 2,777,018 | SH |
| 22 | ISHARES TR | QUAL | 46432F339 | $72.8M | 0.87% | 331,937 | SH |
| 23 | ISHARES TR | SMLF | 46434V290 | $72.1M | 0.86% | 808,975 | SH |
| 24 | INVESCO EXCH TRADED FD TR II | QQQM | 46138G649 | $69.6M | 0.83% | 229,697 | SH |
| 25 | ISHARES TR | SHY | 464287457 | $69.6M | 0.83% | 847,319 | SH |
| 26 | ISHARES TR | IVE | 464287408 | $63.6M | 0.76% | 280,276 | SH |
| 27 | DIMENSIONAL ETF TRUST | DFIS | 25434V773 | $61.0M | 0.73% | 1,740,841 | SH |
| 28 | SCHWAB STRATEGIC TR | SCHX | 808524201 | $60.5M | 0.72% | 2,054,721 | SH |
| 29 | JPMORGAN CHASE & CO | JPM | 46625H100 | $59.4M | 0.71% | 181,431 | SH |
| 30 | SCHWAB STRATEGIC TR | SCHF | 808524805 | $57.6M | 0.69% | 2,079,661 | SH |
| 31 | AMERICAN CENTY ETF TR | QGRO | 025072307 | $55.6M | 0.66% | 445,312 | SH |
| 32 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $52.3M | 0.62% | 104,590 | SH |
| 33 | NVIDIA CORPORATION | NVDA | 67066G104 | $49.2M | 0.59% | 245,998 | SH |
| 34 | AMAZON COM INC | AMZN | 023135106 | $47.2M | 0.56% | 198,001 | SH |
| 35 | ALPHABET INC | GOOGL | 02079K305 | $46.4M | 0.55% | 129,867 | SH |
| 36 | SCHWAB STRATEGIC TR | SCHB | 808524102 | $46.1M | 0.55% | 1,592,627 | SH |
| 37 | PIMCO ETF TR | MINT | 72201R833 | $46.0M | 0.55% | 456,112 | SH |
| 38 | GOLDMAN SACHS ETF TR | GPIX | 38149W622 | $44.9M | 0.54% | 808,436 | SH |
| 39 | ISHARES TR | HEWJ | 46434V886 | $43.2M | 0.51% | 670,038 | SH |
| 40 | BLACKROCK ETF TRUST | DYNF | 09290C103 | $42.1M | 0.50% | 618,540 | SH |
| 41 | ISHARES TR | IWF | 464287614 | $39.9M | 0.48% | 321,665 | SH |
| 42 | VANECK MERK GOLD ETF | OUNZ | 921078101 | $39.8M | 0.47% | 1,032,591 | SH |
| 43 | ISHARES TR | IUSB | 46434V613 | $38.4M | 0.46% | 831,929 | SH |
| 44 | J P MORGAN EXCHANGE TRADED F | JIRE | 46641Q134 | $38.2M | 0.46% | 463,659 | SH |
| 45 | COLUMBIA ETF TR II | XCEM | 19762B202 | $36.9M | 0.44% | 698,040 | SH |
| 46 | VANGUARD INDEX FDS | VTV | 922908744 | $36.3M | 0.43% | 166,600 | SH |
| 47 | ALPHABET INC | GOOG | 02079K107 | $35.9M | 0.43% | 101,710 | SH |
| 48 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $35.5M | 0.42% | 74,256 | SH |
| 49 | INVESCO EXCHANGE TRADED FD T | PPA | 46137V100 | $34.7M | 0.41% | 196,563 | SH |
| 50 | FIRST TR EXCHANGE-TRADED FD | FTSL | 33738D309 | $34.3M | 0.41% | 767,322 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $8.40B | 3,022 | 0002001900-26-000007 |
| 2026-03-31 | 2026-05-14 | $5.84B | 2,570 | 0002001900-26-000006 |
| 2025-12-31 | 2026-02-17 | $5.48B | 2,458 | 0002001900-26-000001 |
| 2025-09-30 | 2025-11-12 | $5.05B | 2,333 | 0002001900-25-000023 |
Filer Information
Address
1712 MAIN STREET400
KANSAS CITY, MO 64108
Phone
(913) 825-1000
Filing Manager
Modern Wealth Management, LLC
KANSAS CITY, MO
Signatory
James Rankin
Chief Compliance Officer