Gunpowder Capital Management, LLC dba Oliver Wealth Manageme — 13F Holdings & Portfolio
CIK 2114795 · latest 13F-HR filed 2026-08-11
Gunpowder Capital Management, LLC dba Oliver Wealth Manageme manages $142.4M in 13F-reported U.S. long-equity assets across 408 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DFAC (11.38%), DCOR (10.30%), GLD (8.00%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 22 new positions, exited 22, added to 189, and trimmed 97.
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.
Filer Information
Address
901 DULANEY VALLEY ROADSUITE 701
TOWSON, MD 21204
Phone
(410) 343-7125
Filing Manager
Gunpowder Capital Management, LLC dba Oliver Wealth Management
TOWSON, MD
Signatory
Joseph Plume
Advisor/Planning Associate
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AUM
$142.4M
Long-equity book
Holdings
408
Distinct positions
Period
2026-06-30
Filed 2026-08-11
Q/Q Activity
+22 / −22 / ↑189 / ↓97
vs 2026-03-31
Firm Profile & Key People
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- DIMENSIONAL US CORE EQUITY 1 ETF$3.7M +34.3%
- DIMENSIONAL U.S. CORE EQUITY 2 ETF$3.7M +30.0%
- INVESCO QQQ TRUST$1.0M +24.8%
- DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF$996.4K +16.3%
- CAPITAL GROUP DIVID VALUE ETF SHS CREATION UNIT$991.6K +18.9%
Top Trims
- SPDR GOLD SHARES-$2.3M -16.8%
- ISHARES GOLD TR ISHARES NEW-$800.9K -14.3%
- MICROSOFT CORPORATION-$685.0K -42.0%
- WALMART INC-$424.1K -13.6%
- ISHARES SILVER TRUST-$363.0K -24.2%
New Positions
- MICRON TECHNOLOGY INCORPORATED$461.7K
- SPACE EXPLORATION TECHN CORPORATION CLASS A COM STK$217.0K
- LAM RESEARCH CORPORATION COM NEW$173.3K
- FIDELITY ETHEREUM FUND$173.1K
- PROCURE SPACE ETF$125.9K
Exited Positions
- HONEYWELL INTERNATIONAL INCORPORATED$50.2K
- DIMENSIONAL US SMALL CAP VALUE ETF$48.8K
- ACCENTURE PLC IRELAND SHS CLASS A (IRELAND)$41.4K
- SUNPOWER INCORPORATED$19.9K
- AB CORE PLUS BOND ETF$18.3K
All Holdings
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 | DIMENSIONAL U.S. CORE EQUITY 2 ETF | DFAC | 25434V708 | $16.2M | 11.38% | 365,285 | SH |
| 2 | DIMENSIONAL US CORE EQUITY 1 ETF | DCOR | 25434V625 | $14.7M | 10.30% | 178,804 | SH |
| 3 | SPDR GOLD SHARES | GLD | 78463V107 | $11.4M | 8.00% | 30,925 | SH |
| 4 | APPLE INCORPORATED | AAPL | 037833100 | $11.2M | 7.84% | 38,575 | SH |
| 5 | DIMENSIONAL INTERNATIONAL CORE EQUITY 2 ETF | DFIC | 25434V799 | $7.1M | 5.00% | 191,110 | SH |
| 6 | CAPITAL GROUP DIVID VALUE ETF SHS CREATION UNIT | CGDV | 14020W106 | $6.2M | 4.37% | 126,372 | SH |
| 7 | INVESCO QQQ TRUST | QQQ | 46090E103 | $5.2M | 3.65% | 7,062 | SH |
| 8 | STATE STREET SPDR S&P 500 ETF TRUST | SPY | 78462F103 | $5.0M | 3.50% | 6,666 | SH |
| 9 | ISHARES GOLD TR ISHARES NEW | IAU | 464285204 | $4.8M | 3.36% | 63,309 | SH |
| 10 | DIMENSIONAL EMERGING MARKETS CORE EQUITY 2 ETF | DFEM | 25434V732 | $4.1M | 2.88% | 100,774 | SH |
| 11 | META PLATFORMS INCORPORATED CLASS A | META | 30303M102 | $3.6M | 2.56% | 6,468 | SH |
| 12 | CAPITAL GROUP GROWTH ETF SHS CREATION UNIT | CGGR | 14020G101 | $3.4M | 2.41% | 72,690 | SH |
| 13 | WALMART INC | WMT | 931142103 | $2.7M | 1.90% | 23,838 | SH |
| 14 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $2.5M | 1.75% | 21,324 | SH |
| 15 | STATE STREET SPDR PORTFOLIO S&P ETF | SPYM | 78464A854 | $1.9M | 1.34% | 21,756 | SH |
| 16 | NVIDIA CORPORATION | NVDA | 67066G104 | $1.9M | 1.31% | 9,347 | SH |
| 17 | BROADCOM INCORPORATED | AVGO | 11135F101 | $1.7M | 1.22% | 4,612 | SH |
| 18 | STATE STREET ENERGY SELECT SECTOR SPDR ETF | XLE | 81369Y506 | $1.6M | 1.16% | 30,969 | SH |
| 19 | BERKSHIRE HATHAWAY INCORPORATED DEL CLASS B NEW | BRK.B | 084670702 | $1.4M | 1.02% | 2,889 | SH |
| 20 | DIMENSIONAL U.S. EQUTIY MARKET ETF | DFUS | 25434V401 | $1.3M | 0.89% | 15,515 | SH |
| 21 | ISHARES SILVER TRUST | SLV | 46428Q109 | $1.1M | 0.80% | 21,281 | SH |
| 22 | INVESCO S&P 500 EQUAL WEIGHT TECHNOLOGY ETF | RSPT | 46137V282 | $1.1M | 0.79% | 17,473 | SH |
| 23 | EXXON MOBIL CORPORATION | XOM | 30231G102 | $1.0M | 0.73% | 7,651 | SH |
| 24 | DIMENSIONAL INTERNATIONAL CORE EQUITY MARKET ETF | DFAI | 25434V203 | $1.0M | 0.71% | 24,620 | SH |
| 25 | ALPHABET INCORPORATED CAP STK CLASS A | GOOGL | 02079K305 | $959.9K | 0.67% | 2,686 | SH |
| 26 | MICROSOFT CORPORATION | MSFT | 594918104 | $945.6K | 0.66% | 2,535 | SH |
| 27 | STATE STREET SPDR S&P MIDCAP 400 ETF TRUST | MDY | 78467Y107 | $931.9K | 0.65% | 1,325 | SH |
| 28 | ISHARES ETHEREUM TR SHS | ETHA | 46438R105 | $833.9K | 0.59% | 70,134 | SH |
| 29 | UNITED PARCEL SVCS INCORPORATED CLASS B | UPS | 911312106 | $811.3K | 0.57% | 7,547 | SH |
| 30 | STATE STREET SPDR PORTFOLIO DEVELOPED WORLD EX-US ETF | SPDW | 78463X889 | $737.0K | 0.52% | 14,625 | SH |
| 31 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $682.9K | 0.48% | 730 | SH |
| 32 | AKRE FOCUS ETF | AKRE | 74316P579 | $657.5K | 0.46% | 12,361 | SH |
| 33 | DIMENSIONAL CORE FIXED INCOME ETF | DFCF | 25434V872 | $655.1K | 0.46% | 15,520 | SH |
| 34 | FIRST TRUST TECHNOLOGY ALPHADEX FUND | FXL | 33734X176 | $651.7K | 0.46% | 3,000 | SH |
| 35 | DIMENSIONAL EMERGING CORE EQUITY MARKET ETF | DFAE | 25434V302 | $624.5K | 0.44% | 15,531 | SH |
| 36 | ALIBABA GROUP HLDG LIMITED SPONSORED ADS | BABA | 01609W102 | $593.7K | 0.42% | 6,186 | SH |
| 37 | VISA INCORPORATED COM CLASS A | V | 92826C839 | $576.4K | 0.40% | 1,680 | SH |
| 38 | BLACKSTONE INCORPORATED | BX | 09260D107 | $562.7K | 0.40% | 4,782 | SH |
| 39 | AMAZON COM INCORPORATED | AMZN | 023135106 | $562.0K | 0.39% | 2,358 | SH |
| 40 | STATE STREET SPDR PORTFOLIO AGGREGATE BOND ETF | SPAB | 78464A649 | $557.8K | 0.39% | 21,858 | SH |
| 41 | STATE STREET SPDR PORTFOLIO S&P 600 SMALL CAP ETF | SPSM | 78468R853 | $494.5K | 0.35% | 8,574 | SH |
| 42 | MICRON TECHNOLOGY INCORPORATED | MU | 595112103 | $461.7K | 0.32% | 400 | SH |
| 43 | ISHARES TR RUSSELL 2000 ETF | IWM | 464287655 | $436.3K | 0.31% | 1,452 | SH |
| 44 | CONSTELLATION ENERGY CORPORATION | CEG | 21037T109 | $418.3K | 0.29% | 1,684 | SH |
| 45 | ISHARES TR CHINA LG-CAP ETF | FXI | 464287184 | $389.5K | 0.27% | 12,330 | SH |
| 46 | HOME DEPOT INCORPORATED | HD | 437076102 | $387.5K | 0.27% | 1,097 | SH |
| 47 | TEMPUS AI INCORPORATED CLASS A | TEM | 88023B103 | $318.6K | 0.22% | 5,500 | SH |
| 48 | NEWMONT CORPORATION | NEM | 651639106 | $312.1K | 0.22% | 3,342 | SH |
| 49 | VANGUARD DIVIDEND APPRECIATION ETF | VIG | 921908844 | $311.6K | 0.22% | 1,317 | SH |
| 50 | GE AEROSPACE COM NEW | GE | 369604301 | $299.0K | 0.21% | 800 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-11 | $142.4M | 408 | 0002114795-26-000003 |
| 2026-03-31 | 2026-05-14 | $131.8M | 408 | 0002114795-26-000002 |
| 2025-12-31 | 2026-03-05 | $128.5M | 439 | 0002114795-26-000001 |