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Steelhead Wealth Management LLC — 13F Holdings & Portfolio

CIK 2140776 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Steelhead Wealth Management LLC manages $248.4M in 13F-reported U.S. long-equity assets across 96 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are QQQ (15.67%), VTV (10.10%), DIA (5.82%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 18 new positions and exited 6; 53 existing positions rose in reported value and 15 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
$248.4M

Long-equity book

Holdings
96

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+18 / −6 / ↑53 / ↓15

vs 2026-03-31

Portfolio charts

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

Portfolio map

Q2 26
QQQ15.7% · -0%VTV10.1% · +286%DIA5.8% · +3%DYNF5.2% · -1%SPYM4.7% · newVWO4.3% · +5%BAI3.5% · +881%CORO2.9% · newDBEF2.4% · -5%BLCR2.3% · newBND2.1% · +12%SHLD2.1% · +103%IALT1.8% · newAVUV1.7% · -19%CGMS1.6% · +14%VOO1.6% · -4%SPHQ1.3% · +22%VO1.3% · +50%XMHQ1.3% · +16%PAVE1.2% · -0%QUAL1.2% · -79%BOW1.2% · 0%SPY1.1% · -1%IYW1.1% · -4%FMTM1.1% · +94%CGUS1.1% · +16%IVW1.0% · 0%DFIV1.0% · +14%VTEB0.9% · -16%IEFA0.9% · -18%VLUE0.8% · +9%SCHD0.7% · +12%AAPL0.7% · +47%IBTH0.7% · -17%IVE0.6% · -1%IBTG0.6% · -24%IDMO0.5% · +8%IVV0.5% · -14%XMMO0.5% · +14%IJR0.4% · -15%RTX0.4% · +1%NVDA0.4% · +37%VT0.4% · 0%IWV0.4% · 0%IWB0.4% · 0%REZ0.4% · +15%VOT0.4% · 0%IJH0.3% · -28%AMZN0.3% · +31%KNSL0.3% · 0%VONG0.3% · +57%GOOGL0.3% · +6%VBK0.3% · -0%MKL0.3% · +3%IWF0.3% · +293%MSFT0.2% · +31%FDIV0.2% · +76%SGOV0.2% · -1%SCHF0.2% · -10%UNP0.2% · -4%

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

Q1 26 → Q2 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

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 = 56.8%

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

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 19, 2026.

Assets Under Management
$341.9M
Discretionary
$341.9M
Employees
7
Accounts
280
Address
4121 COX RD
SUITE 102
GLEN ALLEN, VA 23060
Phone
(804) 548-0781
Website
Name Title / Status Ownership Type
ELLIS, MICHAEL, S ControlMEMBER/INVESTMENT ADVISOR REPRESENTATIVE
since Dec 2025
50–75%Individual
Ellington, Trey, Grayson ControlCCO, INVESTMENT ADVISOR REPRESENTATIVE
since Sep 2025
Less than 5%Individual
POLLARD, COLEMAN, WILLIAMS ControlMEMBER/INVESTMENT ADVISOR REPRESENTATIVE
since Dec 2025
25–50%Individual
Ownership & leadership changes · 1 filing with changes since Oct 1, 2025

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.

Dec 12, 2025 filing
  • AddedELLIS, MICHAEL, S · MEMBER/INVESTMENT ADVISOR REPRESENTATIVE · 50–75% · control person
  • AddedPOLLARD, COLEMAN, WILLIAMS · MEMBER/INVESTMENT ADVISOR REPRESENTATIVE · 25–50% · control person
  • ChangedEllington, Trey, Grayson · title CCO, PARTNER, WEALTH MANAGEMENT ADVISOR, MEMBER → CCO, INVESTMENT ADVISOR REPRESENTATIVE; ownership 75% or more → Less than 5%
Oct 1, 2025 filing (earliest on record)
  • ListedEllington, Trey, Grayson · CCO, PARTNER, WEALTH MANAGEMENT ADVISOR, MEMBER · 75% or more · 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.

Steelhead 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 INVESCO QQQ TR QQQ 46090E103 $38.9M 15.67% 52,870 SH
2 VANGUARD INDEX FDS VTV 922908744 $25.1M 10.10% 115,096 SH
3 STATE STR SPDR DOW JONES IND DIA 78467X109 $14.5M 5.82% 27,682 SH
4 BLACKROCK ETF TRUST DYNF 09290C103 $12.9M 5.20% 189,809 SH
5 SPDR SERIES TRUST SPYM 78464A854 $11.6M 4.66% 131,652 SH
6 VANGUARD INTL EQUITY INDEX F VWO 922042858 $10.7M 4.32% 179,975 SH
7 BLACKROCK ETF TRUST BAI 09290C780 $8.7M 3.49% 164,474 SH
8 BLACKROCK ETF TRUST CORO 09290C764 $7.1M 2.85% 193,563 SH
9 DBX ETF TR DBEF 233051200 $6.0M 2.43% 110,301 SH
10 BLACKROCK ETF TRUST BLCR 09290C855 $5.7M 2.29% 112,715 SH
11 VANGUARD BD INDEX FDS BND 921937835 $5.3M 2.12% 71,766 SH
12 GLOBAL X FDS SHLD 37960A529 $5.1M 2.05% 85,382 SH
13 BLACKROCK ETF TRUST IALT 09290C665 $4.4M 1.76% 155,880 SH
14 AMERICAN CENTY ETF TR AVUV 025072877 $4.2M 1.68% 33,500 SH
15 CAPITAL GRP FIXED INCM ETF T CGMS 14020Y300 $4.0M 1.62% 147,429 SH
16 VANGUARD INDEX FDS VOO 922908363 $4.0M 1.60% 5,775 SH
17 INVESCO EXCHANGE TRADED FD T SPHQ 46137V241 $3.3M 1.33% 36,571 SH
18 VANGUARD INDEX FDS VO 922908629 $3.2M 1.30% 39,960 SH
19 INVESCO EXCHANGE TRADED FD T XMHQ 46137V472 $3.1M 1.26% 27,760 SH
20 GLOBAL X FDS PAVE 37954Y673 $3.1M 1.25% 52,699 SH
21 ISHARES TR QUAL 46432F339 $2.9M 1.17% 13,230 SH
22 BOWHEAD SPECIALTY HLDGS INC BOW 10240L102 $2.9M 1.15% 95,569 SH
23 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $2.8M 1.12% 3,730 SH
24 ISHARES TR IYW 464287721 $2.8M 1.11% 10,929 SH
25 EA SERIES TRUST FMTM 02072Q762 $2.7M 1.08% 61,420 SH
26 CAPITAL GROUP CORE EQUITY ET CGUS 14020V108 $2.6M 1.05% 58,701 SH
27 ISHARES TR IVW 464287309 $2.5M 0.99% 17,826 SH
28 DIMENSIONAL ETF TRUST DFIV 25434V807 $2.4M 0.95% 43,739 SH
29 VANGUARD MUN BD FDS VTEB 922907746 $2.2M 0.88% 43,428 SH
30 ISHARES TR IEFA 46432F842 $2.2M 0.88% 22,588 SH
31 ISHARES TR VLUE 46432F388 $1.9M 0.76% 9,492 SH
32 SCHWAB STRATEGIC TR SCHD 808524797 $1.8M 0.71% 55,723 SH
33 APPLE INC AAPL 037833100 $1.7M 0.70% 5,971 SH
34 ISHARES TR IBTH 46436E841 $1.7M 0.69% 76,204 SH
35 ISHARES TR IVE 464287408 $1.6M 0.63% 6,911 SH
36 ISHARES TR IBTG 46436E858 $1.5M 0.62% 67,379 SH
37 INVESCO EXCH TRADED FD TR II IDMO 46138E222 $1.3M 0.52% 21,611 SH
38 ISHARES TR IVV 464287200 $1.2M 0.50% 1,670 SH
39 INVESCO EXCHANGE TRADED FD T XMMO 46137V464 $1.2M 0.49% 7,227 SH
40 ISHARES TR IJR 464287804 $1.1M 0.44% 7,425 SH
41 RTX CORPORATION RTX 75513E101 $1.1M 0.44% 5,794 SH
42 NVIDIA CORPORATION NVDA 67066G104 $1.1M 0.43% 5,300 SH
43 VANGUARD INTL EQUITY INDEX F VT 922042742 $1.0M 0.42% 6,671 SH
44 ISHARES TR IWV 464287689 $1.0M 0.41% 2,387 SH
45 ISHARES TR IWB 464287622 $994.0K 0.40% 2,428 SH
46 ISHARES TR REZ 464288562 $958.0K 0.39% 10,127 SH
47 VANGUARD INDEX FDS VOT 922908538 $873.0K 0.35% 2,852 SH
48 ISHARES TR IJH 464287507 $806.0K 0.32% 10,464 SH
49 AMAZON COM INC AMZN 023135106 $796.0K 0.32% 3,340 SH
50 KINSALE CAP GROUP INC KNSL 49714P108 $754.0K 0.30% 2,288 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $248.4M 96 0002140776-26-000002
2026-03-31 2026-06-16 $197.3M 84 0002140776-26-000001
Filer Information
Address
4121 COX ROAD
SUITE 102
GLEN ALLEN, VA 23060
Phone
(804) 548-0781
Filing Manager
Steelhead Wealth Management LLC
GLEN ALLEN, VA
Signatory
Rod Ehrlich
Consultant