Stocks/Funds/CIK 1907254

WEALTH EFFECTS LLC

long-term holder
Quarterly 13F filings · Latest period 2026-03-31 · CIK 1907254
Assets
$282M
+18.5% YoY
Holdings
237
Lifetime alpha vs market
-4.03% annual
Average hold time
3.0 yr
median 3.5 yr

Quarterly history

Cum return +22% vs S&P +45% · α -23% lifetimeAUM $282M · peak $319MFlow $-27M (-9%)2021-122022-092023-062024-032024-122025-092026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
-1.87%
trims when stocks drop
when a holding falls −10%+
Middle response
-0.93%
baseline attrition
Rally response
-1.10%
trims into rallies
when a holding rises +10%+

Top positions · 30

Ticker$ value% portYoYHold time
NVDANVIDIA Corporation$27M9.7%+60.9%4.5 yr
AAPLApple Inc.$20M7.2%+14.7%4.5 yr
AMZNAmazon.com, Inc.$13M4.7%+9.5%4.5 yr
ARWRArrowhead Pharmaceutical$9M3.2%+392.2%4.5 yr
VTIVanguard Total Stock Mar$9M3.1%4.0 yr
JPMJPMorgan Chase & Co.$9M3.1%+21.8%4.5 yr
GOOGLAlphabet Inc.$8M3.0%4.5 yr
MUMicron Technology, Inc.$7M2.5%+289.6%3.0 yr
METAMeta Platforms, Inc.$6M2.3%-0.4%3.5 yr
MSFTMicrosoft Corporation$6M2.2%-0.6%4.5 yr
AVGOBroadcom Inc.$4M1.6%+86.0%4.3 yr
DOCNDigitalOcean Holdings, I$4M1.4%+156.9%4.5 yr
BXBlackstone Inc.$3M1.2%-14.9%4.5 yr
UTGReaves Utility Income Fu$3M1.2%2.5 yr
CVXChevron Corporation$3M1.1%+29.2%4.5 yr

Portfolio composition (YoY)

Industry mix
Asset Management19.8%+0.1pp$56M
Semiconductors15.9%+5.8pp$45M
Consumer Electronics7.2%-0.8pp$20M
Internet Content & Information5.9%+0.7pp$17M
Specialty Retail5.7%+0.4pp$16M
Software - Infrastructure4.8%+0.5pp$14M
Banks - Diversified4.1%+0.3pp$12M
Asset Management - Income4.0%+0.6pp$11M
Biotechnology4.0%+2.6pp$11M
Drug Manufacturers - General3.4%-1.0pp$10M
Country
US97.9%+6.5pp
UY0.7%+0.6pp
Unknown0.7%-7.1pp
CA0.2%+0.1pp
NL0.2%+0.1pp
DE0.1%+0.1pp
SG0.1%
GB0.1%+0.1pp
Top 5: 28.0% · Top 10: 41.0% · Top 25: 56.4%

Winners

TickerPrev $PnLYoY %
NVDA$20M+0.01B60.9%
ARWR$2M+0.01B392.2%
MU$2M+0.00B289.6%
AAPL$19M+0.00B14.7%
DOCN$2M+0.00B156.9%

Losers

TickerPrev $PnLYoY %
BX$3M-0.00B-14.9%
MSFT$7M-0.00B-0.6%
MELI$0M-0.00B-11.4%
META$7M-0.00B-0.4%
IBM$3M-0.00B-0.1%

Top buys this quarter · 15

RBRK Rubrik, Inc.new+$2M
MELI MercadoLibre, Inc.+$2M
ALAB Astera Labs, Inc. Common Stock+$1M
SNDK Sandisk Corporationnew+$1M
BX Blackstone Inc.+$3M
KVUE Kenvue Inc.+$1M
MU Micron Technology, Inc.+$0M
AMZN Amazon.com, Inc.+$13M
KMB Kimberly-Clark Corporationnew+$0M
ENVX Enovix Corporation+$1M

Top sells this quarter · 15

TTD The Trade Desk, Inc.exit$1M
ESTC Elastic N.V.$1M
CLS Celestica Inc.exit$1M
PLTR Palantir Technologies Inc.$1M
SATS EchoStar Corporationexit$0M
ARM Arm Holdings plc American Depo$0M
FSLY Fastly, Inc.$0M
BLK BlackRock, Inc.exit$0M
AAPL Apple Inc.$0M
CRWV CoreWeave, Inc. Class A Common$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$282M237+32.30%+17.59%+14.71%-0.03B
2025-12-31$319M217+21.49%+17.72%+3.77%-0.00B
2025-09-30$311M217+21.36%+17.52%+3.84%+0.01B
2025-06-30$267M205+12.07%+14.94%-2.87%-0.01B
2025-03-31$238M198+0.37%+8.30%-7.94%-0.01B
2024-12-31$282M212+20.51%+24.89%-4.38%-0.02B
2024-09-30$285M217+32.37%+36.04%-3.66%-0.00B
2024-06-30$276M209+17.72%+24.49%-6.78%-0.01B
2024-03-31$271M217+23.50%+29.62%-6.13%-0.01B
2023-12-31$266M227+21.42%+26.18%-4.75%+0.03B
2023-09-30$203M197+8.22%+21.57%-13.34%-0.01B
2023-06-30$227M201+4.64%+19.42%-14.78%+0.01B
2023-03-31$195M197-22.09%-7.82%-14.27%+0.01B
2022-12-31$175M190-29.28%-18.17%-11.10%+0.01B
2022-09-30$163M182-10.39%-4.93%-5.46%+0.01B
2022-06-30$166M188-18.70%-16.11%-2.59%-0.01B