Stocks/Funds/CIK 1776033

Golden State Wealth Management, LLC

index-like (500+ pos)long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1776033
Assets
$915M
+35.5% YoY
Holdings
1,609
Lifetime alpha vs market
+5.31% annual
Average hold time
2.0 yr
median 1.5 yr

Quarterly history

Cum return +145% vs S&P +94% · α +51% lifetimeAUM $915M · peak $946MFlow $13M (+1%)2019-032019-122020-092021-062022-032025-062026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-17.71%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.49%
steady accumulation
Rally response
+1.42%
adds into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
IVViShares Core S&P 500 ETF$66M7.2%4.8 yr
SPYState Street SPDR S&P 50$47M5.1%+17.6%4.8 yr
AAPLApple Inc.$31M3.4%+14.7%4.8 yr
AGGiShares Core U.S. Aggreg$25M2.8%4.8 yr
FVDFirst Trust Value Line D$23M2.5%4.5 yr
NVDANVIDIA Corporation$21M2.2%+60.9%4.5 yr
GOOGLAlphabet Inc.$19M2.1%4.5 yr
AMZNAmazon.com, Inc.$18M2.0%+9.5%4.8 yr
QQQInvesco QQQ Trust, Serie$18M2.0%4.5 yr
WINNHarbor Long-Term Growers$15M1.7%1.5 yr
QGROAmerican Century U.S. Qu$14M1.6%1.3 yr
USMCPrincipal U.S. Mega-Cap $13M1.5%3.8 yr
RDVYFirst Trust Rising Divid$13M1.4%4.3 yr
SPABState Street SPDR Portfo$12M1.3%4.5 yr
SDVYFirst Trust SMID Cap Ris$12M1.3%2.0 yr

Portfolio composition (YoY)

Industry mix
Asset Management65.0%+0.3pp$595M
Asset Management - Bonds4.4%-1.1pp$40M
Semiconductors3.9%+1.4pp$36M
Consumer Electronics3.4%-0.8pp$31M
Internet Content & Information3.0%+1.1pp$28M
Specialty Retail2.1%-0.1pp$19M
Asset Management - Income1.6%-0.2pp$15M
Software - Infrastructure1.5%-0.3pp$14M
Aerospace & Defense1.3%+0.6pp$12M
Auto - Manufacturers0.9%+0.2pp$8M
Country
US98.9%-0.1pp
IE0.3%+0.1pp
GB0.2%+0.0pp
CA0.2%+0.0pp
TW0.1%+0.1pp
Unknown0.1%+0.0pp
CH0.1%-0.0pp
NL0.0%-0.0pp
Top 5: 21.0% · Top 10: 30.9% · Top 25: 47.2%

Winners

TickerPrev $PnLYoY %
NVDA$10M+0.01B60.9%
AAPL$29M+0.00B14.7%
AVGO$3M+0.00B86.0%
SPY$12M+0.00B17.6%
TSLA$5M+0.00B43.4%

Losers

TickerPrev $PnLYoY %
BX$8M-0.00B-14.9%
MSFT$8M-0.00B-0.6%

Top buys this quarter · 15

NKE NIKE, Inc.+$0M
JPM JPMorgan Chase & Co.+$4M
GLW Corning Incorporated+$0M
EIX Edison International+$0M
VRT Vertiv Holdings Co+$0M
KMB Kimberly-Clark Corporation+$0M
MU Micron Technology, Inc.+$0M
AZN AstraZeneca PLCnew+$0M
CRWD CrowdStrike Holdings, Inc.+$0M
MDT Medtronic plc+$0M

Top sells this quarter · 15

SPY State Street SPDR S&P 500 ETF $5M
MSFT Microsoft Corporation$2M
NVDA NVIDIA Corporation$1M
AAPL Apple Inc.$1M
SNDK Sandisk Corporation$1M
HD The Home Depot, Inc.$0M
GOOG Alphabet Inc.$0M
BKSY BlackSky Technology Inc.exit$0M
CLF Cleveland-Cliffs Inc.exit$0M
AXP American Express Company$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$915M1609+17.99%+17.59%+0.40%+0.01B
2025-12-31$946M1679+14.89%+17.72%-2.83%+0.03B
2025-09-30$906M1660+51.48%+17.52%+33.96%+0.00B
2025-06-30$821M1567+31.70%+3.67%+28.02%+0.07B
2025-03-31$675M2148+30.75%+3.94%+26.81%+0.06B
2024-12-31$667M1513+41.72%+9.20%+32.52%-0.03B
2022-03-31$522M331+15.45%+15.45%-0.00%-0.03B
2021-12-31$581M361+28.72%+28.72%+0.00%+0.07B
2021-09-30$460M307+29.94%+29.94%+0.00%+0.00B
2021-06-30$453M294+40.88%+40.88%+0.00%+0.12B
2021-03-31$303M199+56.23%+56.23%+0.00%-0.06B
2020-12-31$345M237+18.33%+18.33%+0.00%+0.01B
2020-09-30$299M424+15.02%+15.02%+0.00%-0.09B
2020-06-30$356M250+7.34%+7.34%+0.00%+0.08B
2020-03-31$227M963-6.89%-6.89%+0.00%-0.19B
2019-12-31$523M54+8.99%+8.99%+0.00%+0.19B