GDS Wealth Management
CIK 1940869 · View on SEC EDGAR ↗
- Portfolio value
- $2.1B
- Positions
- 232
- As of
- June 30, 2026
#1,458 of 9,443 by 13F value · top 15.4%
Portfolio value QoQ: +26.3% 13F does not disclose cash
- Top 10 holdings weight
- 31.29%
- Top 25 holdings weight
- 54.03%
- Positions above 1%
- 43
- Effective number of positions
- 53.4
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 6.79% Est. buys $265,678,165 · sells $127,921,448
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 83.5% still held
- New positions
- 40
- Increased
- 125
- Decreased
- 42
- Closed
- 8
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Technology
28.7%
Health Care
8.4%
Retail
7.0%
Industrials
7.0%
Financial Services
4.4%
Communication Services
4.0%
Financials
3.0%
Consumer products
1.7%
Consumer Discretionary
1.6%
Energy
1.5%
Real Estate
1.2%
Materials
1.0%
Utilities
0.8%
Telecommunication
0.1%
Consumer Staples
0.1%
Communications
0.1%
Other/Unmapped
29.4%
Full portfolio 232 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| LQD | $129,698,023 | 6.17% | 1,189,126 | $21,352,372 | Up ×4 | ||
| MU Micron Technology, Inc. - Common Stock | $89,175,828 | 4.24% | 77,256 | $47,931,983 | Down ×3 | ||
| VCIT Vanguard Intermediate-Term Corporate Bond ETF | $74,413,041 | 3.54% | 900,339 | $8,516,237 | Up ×4 | ||
| VCLT Vanguard Long-Term Corporate Bond ETF | $71,584,749 | 3.41% | 951,292 | $9,250,112 | Up ×4 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $55,885,285 | 2.66% | 96,203 | $36,776,291 | Up ×2 | ||
| IAGG | $52,538,462 | 2.50% | 1,038,310 | $6,064,613 | Up ×6 | ||
| LRCX Lam Research Corporation - Common Stock | $50,313,946 | 2.39% | 116,110 | $25,475,971 | Down ×1 | ||
| HPE Hewlett Packard Enterprise Company Common Stock | $48,413,478 | 2.30% | 1,073,232 | $23,174,449 | Up ×2 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $45,689,397 | 2.17% | 127,849 | $10,007,227 | Up ×2 | ||
| IDV | $39,999,544 | 1.90% | 965,473 | $311,052 | Up ×4 | ||
| AAPL Apple Inc. - Common Stock | $39,000,236 | 1.86% | 134,781 | $6,632,063 | Up ×6 | ||
| PFF iShares Preferred and Income Securities ETF | $36,153,357 | 1.72% | 1,185,745 | $4,163,726 | Up ×6 | ||
| WMT Walmart Inc. - Common Stock | $35,794,106 | 1.70% | 316,035 | $-1,878,694 | Up ×2 | ||
| AMZN Amazon.com, Inc. - Common Stock | $35,490,494 | 1.69% | 148,907 | $6,390,593 | Up ×6 | ||
| FIXD First Trust Smith Opportunistic Fixed Income ETF | $34,176,341 | 1.63% | 783,681 | $4,285,138 | Up ×6 | ||
| NVDA NVIDIA Corporation - Common Stock | $33,376,012 | 1.59% | 166,805 | $6,236,407 | Up ×6 | ||
| JPM JP Morgan Chase & Co. Common Stock | $31,408,623 | 1.49% | 95,954 | $4,676,539 | Up ×6 | ||
| GEV GE Vernova Inc. Common Stock | $31,347,744 | 1.49% | 26,682 | $9,377,642 | Up ×4 | ||
| TT Trane Technologies plc | $30,534,023 | 1.45% | 62,167 | $5,985,917 | Up ×6 | ||
| SNPS Synopsys, Inc. - Common Stock | $29,568,642 | 1.41% | 66,287 | $4,493,264 | Up ×4 | ||
| CDNS Cadence Design Systems, Inc. - Common Stock | $29,115,824 | 1.39% | 77,576 | $8,839,372 | Up ×4 | ||
| AMAT Applied Materials, Inc. - Common Stock | $28,207,139 | 1.34% | 39,014 | $16,666,941 | Up ×1 | ||
| MSFT Microsoft Corporation - Common Stock | $28,001,938 | 1.33% | 75,068 | $3,844,233 | Up ×6 | ||
| USMV | $27,933,741 | 1.33% | 289,589 | $2,138,157 | Up ×2 | ||
| MPWR Monolithic Power Systems, Inc. - Common Stock | $27,777,164 | 1.32% | 20,094 | $6,727,990 | Up ×6 | ||
| APH Amphenol Corporation Common Stock | $27,372,651 | 1.30% | 155,244 | $9,110,275 | Up ×2 | ||
| ALL Allstate Corporation (The) Common Stock | $26,700,437 | 1.27% | 112,215 | $4,924,968 | Up ×6 | ||
| AXP American Express Company Common Stock | $26,121,743 | 1.24% | 77,226 | $4,457,218 | Up ×2 | ||
| CRWD CrowdStrike Holdings, Inc. - Class A Common Stock | $25,216,435 | 1.20% | 33,043 | $13,554,107 | Up ×6 | ||
| IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | $24,891,092 | 1.18% | 468,142 | $1,103,402 | Up ×2 | ||
| DEED | $24,568,827 | 1.17% | 1,149,150 | $1,154,139 | Up ×2 | ||
| NXPI NXP Semiconductors N.V. - Common Stock | $24,361,993 | 1.16% | 86,688 | $8,358,456 | Up ×6 | ||
| LGOV | $24,314,594 | 1.16% | 1,136,196 | $887,223 | Up ×2 | ||
| EW Edwards Lifesciences Corporation Common Stock | $24,096,011 | 1.15% | 266,372 | $4,267,242 | Up ×6 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $24,043,548 | 1.14% | 158,703 | $174,946 | Up ×6 | ||
| IUSV iShares Core S&P U.S. Value ETF | $23,447,851 | 1.12% | 212,872 | $127,489 | Down ×6 | ||
| CRM Salesforce, Inc. Common Stock | $22,820,828 | 1.09% | 145,671 | $-2,694,908 | Up ×6 | ||
| NTRA Natera, Inc. - Common Stock | $22,410,369 | 1.07% | 82,558 | $6,650,357 | Up ×6 | ||
| HD Home Depot, Inc. (The) Common Stock | $22,281,466 | 1.06% | 63,178 | $5,777,342 | Up ×6 | ||
| IR Ingersoll Rand Inc. Common Stock | $21,490,566 | 1.02% | 262,112 | $1,380,366 | Up ×6 | ||
| ADI Analog Devices, Inc. - Common Stock | $21,441,257 | 1.02% | 53,985 | $5,692,054 | Up ×6 | ||
| V Visa Inc. | $21,340,541 | 1.02% | 62,201 | $4,166,660 | Up ×6 | ||
| FANG Diamondback Energy, Inc. - Common Stock | $20,963,373 | 1.00% | 119,259 | $-1,115,134 | Up ×4 | ||
| CMG Chipotle Mexican Grill, Inc. Common Stock | $20,905,988 | 0.99% | 614,882 | $5,125,794 | Up ×2 | ||
| FTNT Fortinet, Inc. - Common Stock | $20,733,323 | 0.99% | 134,965 | $11,144,462 | Up ×6 | ||
| IQV IQVIA Holdings, Inc. Common Stock | $20,556,096 | 0.98% | 106,387 | $3,777,006 | Up ×6 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $19,928,637 | 0.95% | 35,379 | $1,558,687 | Up ×6 | ||
| LLY Eli Lilly and Company Common Stock | $19,851,766 | 0.94% | 16,551 | $12,855,076 | Up ×5 | ||
| DXCM DexCom, Inc. - Common Stock | $19,209,500 | 0.91% | 285,219 | $5,327,686 | Up ×6 | ||
| COST Costco Wholesale Corporation - Common Stock | $19,101,362 | 0.91% | 20,419 | $4,533,555 | Up ×6 | ||
| WELL Welltower Inc. Common Stock | $18,627,697 | 0.89% | 82,071 | $4,014,358 | Up ×6 | ||
| TOL Toll Brothers, Inc. Common Stock | $18,608,705 | 0.89% | 112,951 | $4,730,934 | Up ×6 | ||
| FLYW Flywire Corporation - Voting Common Stock | $18,546,066 | 0.88% | 1,055,553 | $7,602,604 | Up ×2 | ||
| THC Tenet Healthcare Corporation Common Stock | $18,157,236 | 0.86% | 97,056 | $1,619,635 | Up ×6 | ||
| STE STERIS plc (Ireland) Ordinary Shares | $17,655,491 | 0.84% | 83,846 | $858,235 | Up ×6 | ||
| SPOT Spotify Technology S.A. Ordinary Shares | $17,238,954 | 0.82% | 37,547 | $665,215 | Up ×6 | ||
| SPGI S&P Global Inc. Common Stock | $17,033,681 | 0.81% | 41,825 | $1,057,911 | Up ×6 | ||
| PG Procter & Gamble Company (The) Common Stock | $16,747,228 | 0.80% | 114,206 | $2,933,853 | Up ×6 | ||
| MLM Martin Marietta Materials, Inc. Common Stock | $15,746,225 | 0.75% | 27,304 | $3,267,975 | Up ×6 | ||
| NEM Newmont Corporation | $15,137,805 | 0.72% | 162,075 | Up ×1 | |||
| CEG Constellation Energy Corporation - Common Stock When-Issued | $14,790,942 | 0.70% | 59,552 | $3,075,561 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $13,365,551 | 0.64% | 35,382 | $8,773,970 | Up ×2 | ||
| FTSM First Trust Enhanced Short Maturity ETF | $12,536,371 | 0.60% | 209,884 | $-29,894,517 | Down ×2 | ||
| HQY HealthEquity, Inc. - Common Stock | $12,382,149 | 0.59% | 137,092 | $1,885,088 | Up ×6 | ||
| PH Parker-Hannifin Corporation Common Stock | $10,354,378 | 0.49% | 10,586 | Up ×1 | |||
| ISRG Intuitive Surgical, Inc. - Common Stock | $9,476,317 | 0.45% | 23,829 | ||||
| ULTA Ulta Beauty, Inc. - Common Stock | $8,800,875 | 0.42% | 19,515 | Up ×1 | |||
| PODD Insulet Corporation - Common Stock | $8,087,216 | 0.38% | 53,118 | Up ×1 | |||
| SHAK Shake Shack, Inc. Class A Common Stock | $8,054,724 | 0.38% | 143,783 | $-2,761,884 | Up ×2 | ||
| HUBS HubSpot, Inc. Common Stock | $6,834,087 | 0.33% | 37,445 | ||||
| XOM Exxon Mobil Corporation Common Stock | $5,648,724 | 0.27% | 41,316 | $-1,495,659 | Down ×6 | ||
| JLL Jones Lang LaSalle Incorporated Common Stock | $5,409,557 | 0.26% | 17,453 | Up ×1 | |||
| ICE Intercontinental Exchange Inc. Common Stock | $5,102,171 | 0.24% | 41,444 | $-2,466,772 | Down ×6 | ||
| IVV | $4,799,636 | 0.23% | 6,409 | $700,090 | Up ×2 | ||
| CDE Coeur Mining, Inc. Common Stock | $4,711,780 | 0.22% | 288,712 | Up ×1 | |||
| BRKB | $2,771,660 | 0.13% | 5,539 | $1,027,851 | Up ×2 | ||
| HAL Halliburton Company Common Stock | $2,528,766 | 0.12% | 74,485 | $-550,235 | Down ×6 | ||
| VTI | $2,333,102 | 0.11% | 6,305 | $836,523 | Up ×1 | ||
| ORI Old Republic International Corporation Common Stock | $2,110,285 | 0.10% | 51,571 | $55,954 | Up ×1 | ||
| SYF Synchrony Financial Common Stock | $2,036,467 | 0.10% | 26,778 | $128,438 | Down ×6 | ||
| PANW Palo Alto Networks, Inc. - Common Stock | $1,842,531 | 0.09% | 5,403 | Up ×1 | |||
| IJH | $1,789,954 | 0.09% | 23,213 | $301,053 | Up ×6 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $1,696,417 | 0.08% | 4,801 | $583,623 | Up ×6 | ||
| TSLA Tesla, Inc. - Common Stock | $1,569,679 | 0.07% | 3,732 | $259,260 | Up ×6 | ||
| IBM International Business Machines Corporation Common Stock | $1,487,320 | 0.07% | 5,289 | $393,172 | Up ×2 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $1,476,932 | 0.07% | 3,466 | $115,282 | Down ×6 | ||
| ABBV AbbVie Inc. Common Stock | $1,313,309 | 0.06% | 5,219 | $303,068 | Up ×2 | ||
| VTC Vanguard Total Corporate Bond ETF | $1,280,410 | 0.06% | 16,672 | $-149,319 | Down ×6 | ||
| QQQ Invesco QQQ Trust, Series 1 | $1,248,934 | 0.06% | 1,696 | $296,010 | Up ×1 | ||
| IVW | $1,240,658 | 0.06% | 9,021 | $302,411 | Up ×3 | ||
| IEFA | $1,213,914 | 0.06% | 12,569 | $141,043 | Up ×1 | ||
| JNJ Johnson & Johnson Common Stock | $1,157,087 | 0.06% | 4,556 | $335,769 | Up ×2 | ||
| VOO | $1,146,973 | 0.05% | 1,670 | $214,795 | Up ×6 | ||
| MTUM | $1,135,453 | 0.05% | 3,312 | $380,204 | Up ×6 | ||
| TLT iShares 20+ Year Treasury Bond ETF | $1,049,139 | 0.05% | 12,140 | $-75,750 | Down ×1 | ||
| DECK Deckers Outdoor Corporation Common Stock | $1,000,247 | 0.05% | 10,074 | $-842,410 | Down ×2 | ||
| TMUS T-Mobile US, Inc. - Common Stock | $960,087 | 0.05% | 5,724 | $-242,125 | |||
| CAT Caterpillar, Inc. Common Stock | $952,021 | 0.05% | 894 | Up ×1 | |||
| IUSG iShares Core S&P U.S. Growth ETF | $948,162 | 0.05% | 5,041 | $139,574 | Down ×2 | ||
| RTX RTX Corporation Common Stock | $937,266 | 0.04% | 4,940 | $210,805 | Up ×4 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| LQD | $129,698,023 | 6.17% | up ×4 |
| VCIT | $74,413,041 | 3.54% | up ×4 |
| VCLT | $71,584,749 | 3.41% | up ×4 |
| IAGG | $52,538,462 | 2.50% | up ×6 |
| IDV | $39,999,544 | 1.90% | up ×4 |
| AAPL | $39,000,236 | 1.86% | up ×6 |
| PFF | $36,153,357 | 1.72% | up ×6 |
| AMZN | $35,490,494 | 1.69% | up ×6 |
| FIXD | $34,176,341 | 1.63% | up ×6 |
| NVDA | $33,376,012 | 1.59% | up ×6 |
| JPM | $31,408,623 | 1.49% | up ×6 |
| GEV | $31,347,744 | 1.49% | up ×4 |
| TT | $30,534,023 | 1.45% | up ×6 |
| SNPS | $29,568,642 | 1.41% | up ×4 |
| CDNS | $29,115,824 | 1.39% | up ×4 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| NEM | $15,137,805 | 162,075 | 0.72% |
| PH | $10,354,378 | 10,586 | 0.49% |
| ISRG | $9,476,317 | 23,829 | 0.45% |
| ULTA | $8,800,875 | 19,515 | 0.42% |
| PODD | $8,087,216 | 53,118 | 0.38% |
| HUBS | $6,834,087 | 37,445 | 0.33% |
| JLL | $5,409,557 | 17,453 | 0.26% |
| CDE | $4,711,780 | 288,712 | 0.22% |
| PANW | $1,842,531 | 5,403 | 0.09% |
| CAT | $952,021 | 894 | 0.05% |
| DELL | $717,087 | 1,662 | 0.03% |
| VIG | $641,004 | 2,709 | 0.03% |
| SCHD | $573,570 | 18,088 | 0.03% |
| GS | $490,514 | 485 | 0.02% |
| AZN | $418,112 | 2,205 | 0.02% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| MU | Trimmed | -45K | +$47.9M |
| AMD | Bought more | +2K | +$36.8M |
| FTSM | Trimmed | -500K | -$29.9M |
| LRCX | Trimmed | -140 | +$25.5M |
| HPE | Bought more | +13K | +$23.2M |
| LQD | Bought more | +195K | +$21.4M |
| AMAT | Bought more | +5K | +$16.7M |
| CRWD | Bought more | +3K | +$13.6M |
| LLY | Bought more | +9K | +$12.9M |
| FTNT | Bought more | +18K | +$11.1M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| FISV | March 31, 2026 | 189,487 | $12,727,842 | -8.0% |
| FJUL | March 31, 2025 | 219,589 | $10,752,727 | No longer tracked |
| AXON | March 31, 2026 | 18,241 | $10,359,611 | 49.1% |
| BSX | June 30, 2026 | 135,991 | $8,533,435 | 20.6% |
| GDDY | March 31, 2026 | 64,190 | $7,964,695 | 18.3% |
| WIX | March 31, 2026 | 74,209 | $7,709,573 | -13.7% |
| PINS | March 31, 2026 | 292,067 | $7,561,615 | 27.4% |
| HUBS | March 31, 2026 | 17,595 | $7,060,874 | -1.5% |
| SDVY | June 30, 2025 | 190,277 | $6,374,280 | |
| OSCR | March 31, 2025 | 345,817 | $4,647,780 | 150.7% |
| FDL | Dec. 31, 2025 | 49,662 | $2,155,827 | No longer tracked |
| FJUN | March 31, 2025 | 40,465 | $2,079,092 | No longer tracked |
| MANH | March 31, 2025 | 6,347 | $1,715,213 | 21.1% |
| AVAV | March 31, 2025 | 9,071 | $1,395,936 | 39.5% |
| CL | March 31, 2025 | 8,443 | $767,553 | -2.8% |
| VBTX | Dec. 31, 2025 | 16,400 | $549,892 | No longer tracked |
| DFAC | March 31, 2025 | 15,806 | $546,730 | No longer tracked |
| INCY | Sept. 30, 2025 | 6,587 | $448,575 | 51.1% |
| AZN | March 31, 2026 | 4,788 | $440,161 | -17.2% |
| VEA | March 31, 2025 | 8,702 | $416,130 | No longer tracked |
| DIN | Sept. 30, 2025 | 16,615 | $404,243 | 35.5% |
| OKTA | March 31, 2026 | 4,670 | $403,815 | 74.1% |
| LGH | June 30, 2026 | 6,996 | $398,482 | No longer tracked |
| RH | June 30, 2026 | 2,700 | $377,514 | -1.1% |
| DFIV | June 30, 2025 | 8,951 | $352,311 | No longer tracked |
| VTV | March 31, 2026 | 1,759 | $335,951 | No longer tracked |
| AGG | March 31, 2025 | 2,880 | $279,072 | No longer tracked |
| XLK | March 31, 2026 | 1,922 | $276,710 | No longer tracked |
| CYBR | June 30, 2025 | 814 | $275,132 | No longer tracked |
| FBCG | June 30, 2025 | 6,879 | $274,954 | No longer tracked |
| BTI | Dec. 31, 2025 | 5,052 | $268,160 | -0.4% |
| VUG | March 31, 2025 | 617 | $253,241 | No longer tracked |
| EL | June 30, 2026 | 3,376 | $242,296 | 24.4% |
| IWR | March 31, 2026 | 2,425 | $233,455 | No longer tracked |
| UAA | Dec. 31, 2025 | 46,527 | $232,170 | 3.9% |
| UNM | March 31, 2026 | 2,967 | $229,943 | 19.4% |
| VOE | March 31, 2025 | 1,409 | $227,934 | No longer tracked |
| ISRG | June 30, 2025 | 458 | $226,834 | -27.3% |
| UPST | Sept. 30, 2025 | 3,453 | $223,340 | -42.1% |
| SGOL | June 30, 2026 | 5,000 | $223,100 | No longer tracked |
| RDVY | Dec. 31, 2025 | 3,311 | $222,698 | |
| COP | Dec. 31, 2025 | 2,324 | $219,827 | 44.1% |
| BAH | March 31, 2025 | 1,677 | $215,830 | -25.1% |
| ROL | June 30, 2026 | 4,022 | $214,815 | -13.3% |
| PEP | March 31, 2026 | 1,492 | $214,132 | -8.4% |
| VOOG | March 31, 2025 | 579 | $211,949 | No longer tracked |
| XLI | March 31, 2025 | 1,601 | $210,948 | No longer tracked |
| PPBI | Sept. 30, 2025 | 9,938 | $209,592 | No longer tracked |
| WEN | June 30, 2026 | 29,767 | $206,881 | 6.4% |
| PAGP | Dec. 31, 2025 | 11,311 | $206,313 | 37.4% |
| BMY | March 31, 2025 | 3,638 | $205,765 | 9.5% |
| XLF | Sept. 30, 2025 | 3,929 | $205,762 | No longer tracked |
| MDT | June 30, 2026 | 2,374 | $205,707 | 20.3% |
| CSCO | March 31, 2025 | 3,471 | $205,483 | 78.5% |
| RDVY | March 31, 2025 | 3,455 | $204,329 | |
| LMAT | March 31, 2025 | 2,212 | $203,814 | -1.5% |
| SPY | March 31, 2025 | 346 | $202,549 | No longer tracked |
| TOST | March 31, 2026 | 5,664 | $201,129 | 33.6% |
| TLRY | Dec. 31, 2025 | 18,750 | $32,438 | -48.0% |