Updated · Friday, May 29, 2026 · Three Records To Close May · Anthropic $965B · Dell +28.75% AH

Capital Wealth — Portfolios & Funds

Eight strategies. One discipline. Now in four sections.

The portfolio research desk runs four parallel workstreams — model holdings, the live watchlist, fund lineups, and standalone reports. Pick the one you want.

Methodology

How We Optimize — A Quarterly CFP-Grounded Review. The framework behind every model: concentration limits, diversification standards, tax-location, rebalancing triggers, and values-based screens. Read the methodology →

01 · Active Models

Model Portfolios →

Eleven proprietary model portfolios across four risk tiers — Conservative Dividend, Balanced Dividend, Growth ($50K/$100K/$250K/$500K), Halal-Compliant, Tax-Efficient, and Tech & Quantum Speculative. Live rate-of-return cards. Holdings unlock with a passcode.

11 models 466 holdings live daily refresh

02 · Active Book

Watchlist & Recent Changes →

Two views of the same workflow. The Watchlist is auto-synced from every commentary page — every ADD, REINFORCE, and TRIM call we publish ends up here within minutes. Recent Changes shows the most recent day’s specific moves with thesis paragraphs.

auto-sync from commentary ADD / REINFORCE / TRIM

03 · 403(b) for Teachers

403(b) Vanguard Funds →

Side-by-side: every Vanguard mutual fund available on the two most common 403(b) custodians used by California teachers and public employees — Security Benefit Election 1 (6 funds) and Orion 403(b) (22 funds). Trailing returns, expense ratios, total cost.

28 funds SB vs Orion vs S&P 500

04 · Standalone Reports

Reports & Fact Sheets →

Q1 2026 portfolio review, the 50 best stocks of 2026 list, recession-allocation framework, dividend scenarios v2, and Morningstar-style fact sheets for any model.

5 reports PDF / HTML

Looking for the protected-growth side?

Not every dollar belongs in the equity book. The fixed-income annuity sleeve covers the protect-and-grow piece — market upside without market downside, and zero internal fees.

Fixed Index Annuities → All annuity types

June 16, 2026 — Market Moves & Portfolio Actions (Early-Week)

🆕 NEW ADDS

None this week — a cease-fire / rotation week. No new model positions; the moves below are reinforcements of existing holdings and additions to the watch list. We do not chase a relief rally.

⬆️ REINFORCED POSITIONS

GS, MS — SpaceX priced and OpenAI is queued; a record tape keeps the IPO and M&A pipeline hot. Own the banks underwriting the boom.
NEE — Risk-on plus the AI data-center build-out (now funding teacher bonuses in a Louisiana parish). The power-and-utility trade behind the campuses.
XOM, CVX — Oil fell to $80.75 on the Iran deal; we own energy for integrated cash flow and the dividend, not the war spike. Held through the war and the peace.
META, NVDA — The disciplined, cash-rich hyperscaler and the AI toll booth; the picks-and-shovels of the data-center build-out.
IAU — Gold ran to a record $4,328 (+$113) on a risk-on day. When the safe haven rises into a rally, listen — the inflation and Warsh-era hedge stays.

▼ TRIM / AVOID

The war premium — With the cease-fire we are not chasing defense or energy higher on the headline. We keep quality for cash flow, not the spike.
The SpaceX (SPCX) day-one pop — Public at ~$1.75T and ~94x sales with a ~$5B loss. We do not buy the open; see the full CFP-grounded IPO assessment.
Private credit / BDCs & crypto-treasury equities — Standing rule unchanged: zero in the models.

👀 WATCH

VEA, VXUS — Zweig's column: the U.S. is dangerously concentrated in AI. Cheaper, higher-yielding developed-international as the diversifier; sizing up the sleeve.
NTR (Nutrien) — The Mideast war squeezed fertilizer feedstock; a disrupted-supply, inflation-hedge story. Watching, not owning.
SPCX (SpaceX) — A small, capped (<5%) satellite only after the IPO froth and the December lockup clear. Theme yes, price discipline first.

🎯 THESIS

Trump's deal to end the Iran war reopened Hormuz, sent oil to $80.75 and the Dow to a record 51,671.03 — the best three-day run in a year. But peace doesn't un-spike the inflation already in the data, and a hawkish Kevin Warsh chairs his first Fed meeting Wednesday; the bond market (4.468%) and record gold ($4,328) aren't buying the rate-cut story. We own what the post-war, higher-for-longer world rewards: durable cash flow, the IPO-cycle banks, the data-center power trade, and gold (IAU ~12%).

Capital Wealth Aggressive Growth · $50K · Tactical (Tier I-A)

Tactical conviction book — 27 positions sourced from daily market commentary. Built around current events: earnings surprises, geopolitical shifts, sector rotations, M&A news. Each name has a 2-sentence thesis you can articulate from this week's headlines. Position-count target 25–35 per CFP IN09's diversification sweet spot. Portal-synced via slug aggressive_50k_concentrated. Includes 4.5% bond sleeve (TIP/SGOV/IEF 1.5% each) per June 8 uniform rebalance. Methodology distinction: Tactical Conviction picks come from daily news; for fundamentals-driven companions see Tier I-B Fundamentals Core.

#	Ticker	Company	Weight	Sector	Theme	Notes
#	Ticker	Company	Weight	Sector	Theme	Notes
1	NVDA	NVIDIA	4.25%	Tech / AI	AI / Mag7	Core compute leader
2	MSFT	Microsoft	4.25%	Tech / AI	AI / Mag7	Azure + Copilot stack
3	AAPL	Apple	3.75%	Tech / Mag7	Mag7	Cash machine + on-device AI
4	GOOGL	Alphabet	3.75%	Tech / Mag7	Mag7	Gemini + Search + YouTube
5	AMZN	Amazon	3.25%	Tech / Mag7	Mag7	AWS + retail compounder
6	META	Meta	3.25%	Tech / Mag7	Mag7	Ad engine + AI infra spend
7	TSLA	Tesla	3.00%	Tech / Mag7	Mag7	FSD / robotaxi optionality
8	AVGO	Broadcom	4.00%	AI Semis	AI infra	Custom silicon + networking
9	ORCL	Oracle	3.50%	AI Cloud	AI cloud	OCI capacity sold out
10	CRWD	CrowdStrike	3.50%	Cyber	AI cyber	Zero-trust platform leader
11	BRK.B	Berkshire Hathaway	4.00%	Quality / Conglom	Quality	Cash-rich quality compounder
12	JPM	JPMorgan	4.00%	Banks	Banks	NIM expansion + best-in-class
13	COST	Costco	3.00%	Staples	Quality / Staples	Membership compounder
14	LLY	Eli Lilly	4.00%	Pharma	Healthcare / GLP-1	GLP-1 franchise + Alzheimer
15	PLTR	Palantir	4.50%	Defense / AI	Defense / AI	AIP / Gotham wartime ramp
16	LMT	Lockheed Martin	3.50%	Defense	Defense	Defense prime + missile mix
17	GEV	GE Vernova	4.00%	Power	Power / DC	Grid + nuclear + gas turbines
18	VRT	Vertiv	3.50%	DC Infra	Power / DC	Data-center cooling + power
19	XOM	ExxonMobil	3.50%	Energy	Energy	Integrated major + Permian
20	CVX	Chevron	3.50%	Energy	Energy	Integrated major + dividend
21	LNG	Cheniere Energy	3.50%	Energy / LNG	Energy / LNG	U.S. LNG export pure-play
22	IAU	iShares Gold	3.00%	Gold	Real Assets / Gold	Gold bullion ETF hedge
23	ASML	ASML Holding NV	3.00%	International / Developed	Intl — Netherlands (semis)	EUV lithography monopoly
24	NVO	Novo Nordisk A/S	3.00%	International / Developed	Intl — Denmark (healthcare)	GLP-1 co-leader (Ozempic)
25	EWY	iShares MSCI Korea ETF	2.50%	International / EM	Intl — Korea (Samsung proxy)	Samsung-heavy Korea proxy
26	TSM	Taiwan Semiconductor	3.00%	AI Semis	Intl — Taiwan (semis)	Foundry leader; AI supply chokehold
27	CPNG	Coupang	2.50%	International / EM	Intl — Korea (e-commerce)	Korean e-commerce compounder
+	TIP	iShares TIPS Bond ETF	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	SGOV	iShares 0-3M Treasury ETF	0.00%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	IEF	iShares 7-10Y Treasury	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
28	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	Buffer	Settlement / rebalancing reserve per CFP IN09
29	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
30	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification
31	MRVL	Marvell Technology	2.00%	AI Semis	+9.0%	+0.18%	NEW Jun 3 — Jensen Huang flags it a potential 'next trillion-dollar' name; custom AI silicon + optical networking
32	DG	Dollar General	1.50%	Consumer / Retail	+8.2%	+0.12%	NEW Jun 3 — Beat + raised on 'value-seeking consumers'; defensive barbell vs the AI trade
33	MSI	Motorola Solutions	1.50%	Defense / Comms	+6.0%	+0.09%	NEW Jun 3 — Bought counter-drone firm D-Fend (~$1.5B); public-safety comms + counter-drone growth
34	MP	MP Materials	1.50%	Rare Earth	+5.0%	+0.08%	NEW Jun 3 — 'Magnets without China' theme (Niron private); only U.S. rare-earth mine + magnet build-out
35	UNH	UnitedHealth Group	1.50%	Health Care	+5.2%	+0.08%	NEW Jun 5 — +5.2% on BofA upgrade; led the Dow's record day; dividend raised to $2.32. Rotation into health care
36	M	Macy's	1.00%	Consumer / Value	+25.0%	+0.25%	NEW Jun 5 — Berkshire stake; 1.3x book, 3.2% yield, real estate worth more than the market cap
	TOTAL	31 positions + cash	99.50%			CFP IN09 sweet spot — 25–30 names

Note on Tier I-A — Tactical Conviction: 27 equity names + 3 bond ETFs (TIP/SGOV/IEF 1.5% each = 4.5% uniform sleeve, June 8 rebalance) + 0.5% SGOV settlement buffer. Diversification benefit plateaus at 25–30 names per CFP IN09 / Statman; beyond that you pay friction for marginal risk reduction. Hold a separate liquidity reserve outside this model for drawdown cash needs.

Investment Policy Statement

Risk band: Tolerate −30% peak-to-trough drawdown (concentrated 100%-equity profile)
Time horizon: 10+ years before required withdrawals
Liquidity need: 0.5% SGOV settlement buffer; no other cash — hold liquidity reserve outside the model
Return objective: S&P 500 + 3% annualized over 10 years
Rebalancing trigger: Single-stock at ±0.75% deviation from target; sector deviation at 4% from target
Excluded screens: None — open mandate. Custom screens available on request.

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding maximizes concentrated growth
Acceptable: Traditional IRA / 401(k) — tax-deferred with ordinary-income withdrawal
Avoid for high-bracket: Taxable brokerage — turnover at the 0.75% rebalance band creates short-term gains

Effective Theme Exposure

AI / Mag729.5%
AI Infrastructure11.5%
Quality / Financials15.0%
Defense8.0%
Power & Data-Center Infra7.5%
Energy10.5%
Real Assets / Gold3.0%
International (5 names: ASML, NVO, EWY, TSM, CPNG)14.0%
Cash buffer (SGOV settlement reserve)0.5%
Total99.5%

Capital Wealth Aggressive Growth · $100K · Tactical (Tier II-A)

Tactical conviction book — 27 positions sourced from daily market commentary. Built around current events: earnings surprises, geopolitical shifts, sector rotations, M&A news. Each name has a 2-sentence thesis you can articulate from this week's headlines. Position-count target 25–35 per CFP IN09's diversification sweet spot. Portal-synced via slug aggressive_100k_concentrated. Includes 4.5% bond sleeve (TIP/SGOV/IEF 1.5% each) per June 8 uniform rebalance. Methodology distinction: Tactical Conviction picks come from daily news; for fundamentals-driven companions see Tier II-B Fundamentals Core.

Year-to-Date

+19.7%

1-Month

+9.4%

Last Reweight

May 29, 2026

Positions

27 + cash

#	Ticker	Company	Weight	Sector	Theme	Notes
#	Ticker	Company	Weight	Sector	Theme	Notes
1	NVDA	NVIDIA	4.25%	Tech / AI	AI / Mag7	Core compute leader
2	MSFT	Microsoft	4.25%	Tech / AI	AI / Mag7	Azure + Copilot stack
3	AAPL	Apple	3.75%	Tech / Mag7	Mag7	Cash machine + on-device AI
4	GOOGL	Alphabet	3.75%	Tech / Mag7	Mag7	Gemini + Search + YouTube
5	AMZN	Amazon	3.25%	Tech / Mag7	Mag7	AWS + retail compounder
6	META	Meta	3.25%	Tech / Mag7	Mag7	Ad engine + AI infra spend
7	TSLA	Tesla	3.00%	Tech / Mag7	Mag7	FSD / robotaxi optionality
8	AVGO	Broadcom	4.00%	AI Semis	AI infra	Custom silicon + networking
9	ORCL	Oracle	3.50%	AI Cloud	AI cloud	OCI capacity sold out
10	CRWD	CrowdStrike	3.50%	Cyber	AI cyber	Zero-trust platform leader
11	BRK.B	Berkshire Hathaway	4.00%	Quality / Conglom	Quality	Cash-rich quality compounder
12	JPM	JPMorgan	4.00%	Banks	Banks	NIM expansion + best-in-class
13	COST	Costco	3.00%	Staples	Quality / Staples	Membership compounder
14	LLY	Eli Lilly	4.00%	Pharma	Healthcare / GLP-1	GLP-1 franchise + Alzheimer
15	PLTR	Palantir	4.50%	Defense / AI	Defense / AI	AIP / Gotham wartime ramp
16	LMT	Lockheed Martin	3.50%	Defense	Defense	Defense prime + missile mix
17	GEV	GE Vernova	4.00%	Power	Power / DC	Grid + nuclear + gas turbines
18	VRT	Vertiv	3.50%	DC Infra	Power / DC	Data-center cooling + power
19	XOM	ExxonMobil	3.50%	Energy	Energy	Integrated major + Permian
20	CVX	Chevron	3.50%	Energy	Energy	Integrated major + dividend
21	LNG	Cheniere Energy	3.50%	Energy / LNG	Energy / LNG	U.S. LNG export pure-play
22	IAU	iShares Gold	3.00%	Gold	Real Assets / Gold	Gold bullion ETF hedge
23	ASML	ASML Holding NV	3.00%	International / Developed	Intl — Netherlands (semis)	EUV lithography monopoly
24	NVO	Novo Nordisk A/S	3.00%	International / Developed	Intl — Denmark (healthcare)	GLP-1 co-leader (Ozempic)
25	EWY	iShares MSCI Korea ETF	2.50%	International / EM	Intl — Korea (Samsung proxy)	Samsung-heavy Korea proxy
26	TSM	Taiwan Semiconductor	3.00%	AI Semis	Intl — Taiwan (semis)	Foundry leader; AI supply chokehold
27	CPNG	Coupang	2.50%	International / EM	Intl — Korea (e-commerce)	Korean e-commerce compounder
+	TIP	iShares TIPS Bond ETF	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	SGOV	iShares 0-3M Treasury ETF	0.00%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	IEF	iShares 7-10Y Treasury	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
28	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	Buffer	Settlement / rebalancing reserve per CFP IN09
29	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
30	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification
31	MRVL	Marvell Technology	2.00%	AI Semis	+9.0%	+0.18%	NEW Jun 3 — Jensen Huang flags it a potential 'next trillion-dollar' name; custom AI silicon + optical networking
32	DG	Dollar General	1.50%	Consumer / Retail	+8.2%	+0.12%	NEW Jun 3 — Beat + raised on 'value-seeking consumers'; defensive barbell vs the AI trade
33	MSI	Motorola Solutions	1.50%	Defense / Comms	+6.0%	+0.09%	NEW Jun 3 — Bought counter-drone firm D-Fend (~$1.5B); public-safety comms + counter-drone growth
34	MP	MP Materials	1.50%	Rare Earth	+5.0%	+0.08%	NEW Jun 3 — 'Magnets without China' theme (Niron private); only U.S. rare-earth mine + magnet build-out
35	UNH	UnitedHealth Group	1.50%	Health Care	+5.2%	+0.08%	NEW Jun 5 — +5.2% on BofA upgrade; led the Dow's record day; dividend raised to $2.32. Rotation into health care
36	M	Macy's	1.00%	Consumer / Value	+25.0%	+0.25%	NEW Jun 5 — Berkshire stake; 1.3x book, 3.2% yield, real estate worth more than the market cap
	TOTAL	31 positions + cash	99.50%			CFP IN09 sweet spot — 25–30 names

Note on Tier II-A — Tactical Conviction ($100K): 27 equity names + 3 bond ETFs (TIP/SGOV/IEF 1.5% each = 4.5% uniform sleeve, June 8 rebalance) + 0.5% SGOV settlement buffer. Mirrors the Tier I-A roster and weights at the $100K AUM tier — same CFP IN09 / Statman sweet spot. Hold a separate liquidity reserve outside this model for drawdown cash needs.

Investment Policy Statement

Risk band: Tolerate −30% peak-to-trough drawdown (concentrated 100%-equity profile)
Time horizon: 10+ years before required withdrawals
Liquidity need: 0.5% SGOV settlement buffer; no other cash — hold liquidity reserve outside the model
Return objective: S&P 500 + 3% annualized over 10 years
Rebalancing trigger: Single-stock at ±0.75% deviation from target; sector deviation at 4% from target
Excluded screens: None — open mandate. Custom screens available on request.

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding maximizes concentrated growth
Acceptable: Traditional IRA / 401(k) — tax-deferred with ordinary-income withdrawal
Avoid for high-bracket: Taxable brokerage — turnover at the 0.75% rebalance band creates short-term gains

Effective Theme Exposure

AI / Mag729.5%
AI Infrastructure11.5%
Quality / Financials15.0%
Defense8.0%
Power & Data-Center Infra7.5%
Energy10.5%
Real Assets / Gold3.0%
International (5 names: ASML, NVO, EWY, TSM, CPNG)14.0%
Cash buffer (SGOV settlement reserve)0.5%
Total99.5%

Capital Wealth Aggressive Growth · $250K · Tactical (Tier III-A)

Tactical conviction book — 30 positions sourced from daily market commentary. Built around current events: earnings surprises, geopolitical shifts, sector rotations, M&A news. Each name has a 2-sentence thesis you can articulate from this week's headlines. Position-count target 25–35 per CFP IN09's diversification sweet spot. Portal-synced via slug aggressive_250k_concentrated. Includes 4.5% bond sleeve (TIP/SGOV/IEF 1.5% each) per June 8 uniform rebalance. Methodology distinction: Tactical Conviction picks come from daily news; for fundamentals-driven companions see Tier III-B Fundamentals Core.

Year-to-Date

+19.7%

1-Month

+9.4%

Last Reweight

May 29, 2026

Positions

30 + cash

#	Ticker	Company	Weight	Sector	Theme	Notes
#	Ticker	Company	Weight	Sector	Theme	Notes
1	NVDA	NVIDIA	3.75%	Tech / AI	AI / Mag7	Core compute leader
2	MSFT	Microsoft	3.75%	Tech / AI	AI / Mag7	Azure + Copilot stack
3	AAPL	Apple	3.25%	Tech / Mag7	Mag7	Cash machine + on-device AI
4	GOOGL	Alphabet	3.25%	Tech / Mag7	Mag7	Gemini + Search + YouTube
5	AMZN	Amazon	2.75%	Tech / Mag7	Mag7	AWS + retail compounder
6	META	Meta	2.75%	Tech / Mag7	Mag7	Ad engine + AI infra spend
7	TSLA	Tesla	2.75%	Tech / Mag7	Mag7	FSD / robotaxi optionality
8	AVGO	Broadcom	3.50%	AI Semis	AI infra	Custom silicon + networking
9	ORCL	Oracle	3.00%	AI Cloud	AI cloud	OCI capacity sold out
10	ANET	Arista Networks	3.00%	AI Networking	AI infra	Switching for AI data centers
11	CRWD	CrowdStrike	3.00%	Cyber	AI cyber	Zero-trust platform leader
12	BRK.B	Berkshire Hathaway	3.75%	Quality / Conglom	Quality	Cash-rich quality compounder
13	JPM	JPMorgan	3.75%	Banks	Banks	NIM expansion + best-in-class
14	COST	Costco	3.00%	Staples	Quality / Staples	Membership compounder
15	LLY	Eli Lilly	3.50%	Pharma	Healthcare / GLP-1	GLP-1 franchise + Alzheimer
16	HCA	HCA Healthcare	3.00%	Healthcare	Healthcare / Hospitals	Largest U.S. hospital operator
17	PLTR	Palantir	4.00%	Defense / AI	Defense / AI	AIP / Gotham wartime ramp
18	LMT	Lockheed Martin	3.25%	Defense	Defense	Defense prime + missile mix
19	GEV	GE Vernova	3.50%	Power	Power / DC	Grid + nuclear + gas turbines
20	VRT	Vertiv	3.25%	DC Infra	Power / DC	Data-center cooling + power
21	XOM	ExxonMobil	3.00%	Energy	Energy	Integrated major + Permian
22	CVX	Chevron	3.25%	Energy	Energy	Integrated major + dividend
23	LNG	Cheniere Energy	3.00%	Energy / LNG	Energy / LNG	U.S. LNG export pure-play
24	SLB	Schlumberger	2.75%	Energy Services	Energy	Global oilfield services leader
25	IAU	iShares Gold	2.75%	Gold	Real Assets / Gold	Gold bullion ETF hedge
26	ASML	ASML Holding NV	3.00%	International / Developed	Intl — Netherlands (semis)	EUV lithography monopoly
27	NVO	Novo Nordisk A/S	3.00%	International / Developed	Intl — Denmark (healthcare)	GLP-1 co-leader (Ozempic)
28	EWY	iShares MSCI Korea ETF	2.50%	International / EM	Intl — Korea (Samsung proxy)	Samsung-heavy Korea proxy
29	TSM	Taiwan Semiconductor	3.00%	AI Semis	Intl — Taiwan (semis)	Foundry leader; AI supply chokehold
30	CPNG	Coupang	2.50%	International / EM	Intl — Korea (e-commerce)	Korean e-commerce compounder
+	TIP	iShares TIPS Bond ETF	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	SGOV	iShares 0-3M Treasury ETF	0.00%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	IEF	iShares 7-10Y Treasury	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
31	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	Buffer	Settlement / rebalancing reserve per CFP IN09
32	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
33	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification
34	MRVL	Marvell Technology	2.00%	AI Semis	+9.0%	+0.18%	NEW Jun 3 — Jensen Huang flags it a potential 'next trillion-dollar' name; custom AI silicon + optical networking
35	DG	Dollar General	1.50%	Consumer / Retail	+8.2%	+0.12%	NEW Jun 3 — Beat + raised on 'value-seeking consumers'; defensive barbell vs the AI trade
36	MSI	Motorola Solutions	1.50%	Defense / Comms	+6.0%	+0.09%	NEW Jun 3 — Bought counter-drone firm D-Fend (~$1.5B); public-safety comms + counter-drone growth
37	MP	MP Materials	1.50%	Rare Earth	+5.0%	+0.08%	NEW Jun 3 — 'Magnets without China' theme (Niron private); only U.S. rare-earth mine + magnet build-out
38	UNH	UnitedHealth Group	1.50%	Health Care	+5.2%	+0.08%	NEW Jun 5 — +5.2% on BofA upgrade; led the Dow's record day; dividend raised to $2.32. Rotation into health care
39	M	Macy's	1.00%	Consumer / Value	+25.0%	+0.25%	NEW Jun 5 — Berkshire stake; 1.3x book, 3.2% yield, real estate worth more than the market cap
	TOTAL	34 positions + cash	99.50%			CFP IN09 sweet spot — 25–30 names

Note on Tier III-A — Tactical Conviction ($250K): 30 equity names + 3 bond ETFs (TIP/SGOV/IEF 1.5% each = 4.5% uniform sleeve, June 8 rebalance) + 0.5% SGOV settlement buffer. Extends the Tier I-A roster with three sector-breadth adds (ANET, HCA, SLB) at the upper edge of the CFP IN09 concentrated sweet spot. Hold a separate liquidity reserve outside this model for drawdown cash needs.

Investment Policy Statement

Risk band: Tolerate −28% peak-to-trough drawdown (concentrated 100%-equity profile)
Time horizon: 10+ years before required withdrawals
Liquidity need: 0.5% SGOV settlement buffer; no other cash — hold liquidity reserve outside the model
Return objective: S&P 500 + 3% annualized over 10 years
Rebalancing trigger: Single-stock at ±0.75% deviation from target; sector deviation at 4% from target
Excluded screens: None — open mandate. Custom screens available on request.

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding maximizes concentrated growth
Acceptable: Traditional IRA / 401(k) — tax-deferred with ordinary-income withdrawal
Avoid for high-bracket: Taxable brokerage — turnover at the 0.75% rebalance band creates short-term gains

Effective Theme Exposure

AI / Mag725.25%
AI Infrastructure (AVGO, ORCL, ANET, CRWD)13.00%
Quality / Financials13.50%
Defense7.25%
Power & Data-Center Infra6.75%
Healthcare (LLY, HCA)6.50%
Energy (XOM, CVX, LNG, SLB)12.00%
Real Assets / Gold2.75%
International (5 names: ASML, NVO, EWY, TSM, CPNG)14.00%
Cash buffer (SGOV settlement reserve)0.5%
Total99.5%

Capital Wealth Aggressive Growth · $500K · Tactical (Tier IV-A)

Tactical conviction book — 35 positions sourced from daily market commentary. Built around current events: earnings surprises, geopolitical shifts, sector rotations, M&A news. Each name has a 2-sentence thesis you can articulate from this week's headlines. Position-count target 25–35 per CFP IN09's diversification sweet spot. Portal-synced via slug aggressive_500k_concentrated. Includes 4.5% bond sleeve (TIP/SGOV/IEF 1.5% each) per June 8 uniform rebalance. Methodology distinction: Tactical Conviction picks come from daily news; for fundamentals-driven companions see Tier IV-B Fundamentals Core.

Year-to-Date

+19.7%

1-Month

+9.4%

Last Reweight

May 29, 2026

Positions

35 + cash

#	Ticker	Company	Weight	Sector	Theme	Notes
#	Ticker	Company	Weight	Sector	Theme	Notes
1	NVDA	NVIDIA	3.50%	Tech / AI	AI / Mag7	Core compute leader
2	MSFT	Microsoft	3.50%	Tech / AI	AI / Mag7	Azure + Copilot stack
3	AAPL	Apple	2.75%	Tech / Mag7	Mag7	Cash machine + on-device AI
4	GOOGL	Alphabet	2.75%	Tech / Mag7	Mag7	Gemini + Search + YouTube
5	AMZN	Amazon	2.50%	Tech / Mag7	Mag7	AWS + retail compounder
6	META	Meta	2.50%	Tech / Mag7	Mag7	Ad engine + AI infra spend
7	TSLA	Tesla	2.25%	Tech / Mag7	Mag7	FSD / robotaxi optionality
8	AVGO	Broadcom	3.00%	AI Semis	AI infra	Custom silicon + networking
9	ORCL	Oracle	2.75%	AI Cloud	AI cloud	OCI capacity sold out
10	ANET	Arista Networks	2.75%	AI Networking	AI infra	Switching for AI data centers
11	CRWD	CrowdStrike	2.75%	Cyber	AI cyber	Zero-trust platform leader
12	BRK.B	Berkshire Hathaway	3.25%	Quality / Conglom	Quality	Cash-rich quality compounder
13	JPM	JPMorgan	3.25%	Banks	Banks	NIM expansion + best-in-class
14	COST	Costco	2.50%	Staples	Quality / Staples	Membership compounder
15	LLY	Eli Lilly	3.25%	Pharma	Healthcare / GLP-1	GLP-1 franchise + Alzheimer
16	HCA	HCA Healthcare	2.75%	Healthcare	Healthcare / Hospitals	Largest U.S. hospital operator
17	PLTR	Palantir	3.50%	Defense / AI	Defense / AI	AIP / Gotham wartime ramp
18	LMT	Lockheed Martin	3.00%	Defense	Defense	Defense prime + missile mix
19	GEV	GE Vernova	3.00%	Power	Power / DC	Grid + nuclear + gas turbines
20	VRT	Vertiv	2.75%	DC Infra	Power / DC	Data-center cooling + power
21	XOM	ExxonMobil	2.75%	Energy	Energy	Integrated major + Permian
22	CVX	Chevron	2.75%	Energy	Energy	Integrated major + dividend
23	LNG	Cheniere Energy	2.75%	Energy / LNG	Energy / LNG	U.S. LNG export pure-play
24	SLB	Schlumberger	2.25%	Energy Services	Energy	Global oilfield services leader
25	IAU	iShares Gold	2.25%	Gold	Real Assets / Gold	Gold bullion ETF hedge
26	NEM	Newmont	2.25%	Materials / Gold	Real Assets / Gold	Largest gold miner; FCF leverage
27	ABBV	AbbVie	2.50%	Pharma	Healthcare	Immunology + neuroscience pipeline
28	DE	Deere	2.25%	Industrials	Industrials / Ag	Precision ag + autonomous
29	V	Visa	2.50%	Payments	Quality / Payments	Payments network duopoly
30	KO	Coca-Cola	2.25%	Staples	Quality / Staples	Defensive global staple
31	ASML	ASML Holding NV	2.50%	International / Developed	Intl — Netherlands (semis)	EUV lithography monopoly
32	NVO	Novo Nordisk A/S	2.50%	International / Developed	Intl — Denmark (healthcare)	GLP-1 co-leader (Ozempic)
33	EWY	iShares MSCI Korea ETF	2.25%	International / EM	Intl — Korea (Samsung proxy)	Samsung-heavy Korea proxy
34	TSM	Taiwan Semiconductor	2.50%	AI Semis	Intl — Taiwan (semis)	Foundry leader; AI supply chokehold
35	CPNG	Coupang	2.00%	International / EM	Intl — Korea (e-commerce)	Korean e-commerce compounder
+	TIP	iShares TIPS Bond ETF	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	SGOV	iShares 0-3M Treasury ETF	0.00%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
+	IEF	iShares 7-10Y Treasury	1.50%	Fixed Income	Bonds	June 8 — uniform 4.5% bond sleeve
36	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	Buffer	Settlement / rebalancing reserve per CFP IN09
37	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
38	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification
39	MRVL	Marvell Technology	2.00%	AI Semis	+9.0%	+0.18%	NEW Jun 3 — Jensen Huang flags it a potential 'next trillion-dollar' name; custom AI silicon + optical networking
40	DG	Dollar General	1.50%	Consumer / Retail	+8.2%	+0.12%	NEW Jun 3 — Beat + raised on 'value-seeking consumers'; defensive barbell vs the AI trade
41	MSI	Motorola Solutions	1.50%	Defense / Comms	+6.0%	+0.09%	NEW Jun 3 — Bought counter-drone firm D-Fend (~$1.5B); public-safety comms + counter-drone growth
42	MP	MP Materials	1.50%	Rare Earth	+5.0%	+0.08%	NEW Jun 3 — 'Magnets without China' theme (Niron private); only U.S. rare-earth mine + magnet build-out
43	UNH	UnitedHealth Group	1.50%	Health Care	+5.2%	+0.08%	NEW Jun 5 — +5.2% on BofA upgrade; led the Dow's record day; dividend raised to $2.32. Rotation into health care
44	M	Macy's	1.00%	Consumer / Value	+25.0%	+0.25%	NEW Jun 5 — Berkshire stake; 1.3x book, 3.2% yield, real estate worth more than the market cap
	TOTAL	39 positions + cash	99.50%			CFP IN09 upper edge — 25–35 names

Note on Tier IV-A — Tactical Conviction ($500K): 35 equity names + 3 bond ETFs (TIP/SGOV/IEF 1.5% each = 4.5% uniform sleeve, June 8 rebalance) + 0.5% SGOV settlement buffer. Extends Tier III-A with five sector-breadth diversifiers (NEM, ABBV, DE, V, KO) at the upper edge of the CFP IN09 concentrated band. Hold a separate liquidity reserve outside this model for drawdown cash needs.

Investment Policy Statement

Risk band: Tolerate −25% peak-to-trough drawdown (concentrated 100%-equity profile)
Time horizon: 10+ years before required withdrawals
Liquidity need: 0.5% SGOV settlement buffer; no other cash — hold liquidity reserve outside the model
Return objective: S&P 500 + 3% annualized over 10 years
Rebalancing trigger: Single-stock at ±0.75% deviation from target; sector deviation at 4% from target
Excluded screens: None — open mandate. Custom screens available on request.

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding maximizes concentrated growth
Acceptable: Traditional IRA / 401(k) — tax-deferred with ordinary-income withdrawal
Avoid for high-bracket: Taxable brokerage — turnover at the 0.75% rebalance band creates short-term gains

Effective Theme Exposure

AI / Mag723.75%
AI Infrastructure (AVGO, ORCL, ANET, CRWD)11.75%
Quality / Financials / Payments (BRK.B, JPM, V)9.00%
Defense6.50%
Power & Data-Center Infra5.75%
Healthcare (LLY, HCA, ABBV)8.50%
Energy (XOM, CVX, LNG, SLB)10.50%
Staples (COST, KO)4.75%
Industrials / Ag (DE)2.25%
Real Assets / Gold (IAU, NEM)4.50%
International (5 names: ASML, NVO, EWY, TSM, CPNG)11.75%
Cash buffer (SGOV settlement reserve)0.5%
Total99.5%

Capital Wealth Aggressive Growth · $50K · Fundamentals (Tier I-B)

Fundamentals core book — ~75 positions selected via CFP-grounded earnings, balance-sheet, and secular-thesis analysis. Tilts toward businesses with durable competitive moats, growing free cash flow, and conservative leverage. Slower-moving conviction than the Tactical book; positions held through news cycles unless fundamentals deteriorate. Portal-synced via slug aggressive_50k. Methodology distinction: Fundamentals Core picks come from earnings analysis; for daily-news tactical companions see Tier I-A Tactical Conviction.

#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
1	TPL	Texas Pacific Land	3.77%	Energy	+48.3%	+0.99%
2	XOM	ExxonMobil	3.71%	Energy	+27.1%	+0.84%
3	CVX	Chevron	3.71%	Energy	+26.4%	+0.67%
4	LNG	Cheniere Energy	3.71%	Energy	+40.0%	+0.76%
5	WMB	Williams Companies	3.71%	Energy	+26.5%	+0.55%
6	PLTR	Palantir	3.51%	Defense	-20.3%	+2.57%
9	LMT	Lockheed Martin	4.12%	Defense	+5.6%	+0.95%
10	NVDA	NVIDIA	2.82%	AI	+5.8%	+1.00%
11	AVGO	Broadcom	2.82%	AI Semis	+20.7%	+0.28%
12	CRWD	CrowdStrike	3.43%	Cyber	-4.2%	+0.51%
13	ORCL	Oracle	3.43%	AI/Data	-12.3%	+0.42%
16	AAPL	Apple	2.44%	Tech/Mag7	+2.7%	+0.30%
17	MSFT	Microsoft	2.44%	Tech/Mag7	-14.8%	+0.20%
18	GOOGL	Alphabet	2.44%	Tech/Mag7	+23.0%	+0.12%
19	AMZN	Amazon	2.44%	Tech/Mag7	+15.4%	+0.25%
20	META	Meta	2.44%	Tech/Mag7	-8.5%	+0.35%
21	TSLA	Tesla	2.44%	Tech/Mag7	-14.0%	-0.12%
22	JPM	JPMorgan	3.30%	Bank	-2.5%	+0.11%
25	BRK.B	Berkshire	3.30%	Conglom	-6.1%	+0.27%
27	GEV	GE Vernova	3.43%	Power	+61.4%	+0.82%
29	VRT	Vertiv	3.43%	DC Infra	+99.8%	+0.62%
30	IAU	iShares Gold	2.49%	Gold	+6.1%	+0.61%
34	COST	Costco	2.76%	Staples	+17.2%	+0.34%
35	LLY	Eli Lilly	2.76%	Pharma	-10.6%	+0.18%
39	BA	Boeing	2.68%	Defense/Aero	+4.1%	+0.40%	ADD Apr 23 — Q1 cash-flow positive, 737 deliveries +72%
40	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
41	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification
	TOTAL		99.50%
+	EWT	iShares MSCI Taiwan ETF	1.22%	International / EM	+34.0%	+0.34%	NEW May 09 — Taiwan +34% YTD; broader Taiwan beyond TSM single-stock
+	ASML	ASML Holding NV	1.22%	International / Developed	—	—	CFP audit May 12 (rev 3) — Netherlands - Semis - EUV lithography monopoly
+	NVO	Novo Nordisk A/S	1.22%	International / Developed	—	—	CFP audit May 12 (rev 3) — Denmark - Healthcare - GLP-1 leader
+	EWY	iShares MSCI Korea ETF	1.22%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - Samsung-heavy proxy
+	TIP	iShares TIPS Bond ETF	1.83%	Fixed Income / Inflation	—	—	June 8 — uniform 4.5% bond sleeve
+	SGOV	iShares 0-3M Treasury ETF	0.34%	Fixed Income / Cash	—	—	June 8 — uniform 4.5% bond sleeve
+	IEF	iShares 7-10Y Treasury	1.83%	Fixed Income / Duration	—	—	June 8 — uniform 4.5% bond sleeve
+	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.61%	Cash	—	—	Rev 1 May 12 — 0.5% liquidity buffer per CFP IN09 settlement / rebalancing reserve
+	TSM	Taiwan Semiconductor	3.05%	AI Semis	+38.4%	+0.96%	NEW May 14 — Benard/Feith op-ed; chokehold on AI supply chain
+	AMKR	Amkor Technology	1.83%	AI Semis	+22.1%	+0.33%	NEW May 14 — Advanced packaging buildout in AZ; bottleneck pure-play
+	SFTBY	SoftBank ADR	1.83%	AI / Tech	+45.7%	+0.69%	NEW May 14 — +$25B OpenAI mark-up Q1; cleanest public OpenAI exposure
+	BAC	Bank of America	1.83%	Bank	+9.2%	+0.14%	NEW May 14 — Hike-not-cut Fed; NIM expansion
+	ABNRY	ABN Amro ADR	1.22%	International / Bank	+30.1%	+0.30%	NEW May 14 — +8.75% Q1 beat; European bank rerate
+	NEM	Newmont	1.22%	Materials / Gold	+38.2%	+0.38%	NEW May 14 — Gold breakout to $4,697; politically-pressured Fed lights gold thesis

Note on Tier I — Concentrated: Tier I stays 100% equity by design — this is the highest-conviction concentrated tier. Diversification benefit is captured by 25-30 names per CFP IN09 / Statman; beyond that you pay friction for marginal risk reduction. Holding a separate liquidity reserve outside this model is the recommended way to handle drawdown cash needs.

Investment Policy Statement

Risk band: Tolerate -25% to -35% peak-to-trough; this is the highest-conviction tier
Time horizon: 10+ years before required withdrawals
Liquidity need: Low — concentrated growth book; pair with separate cash reserve outside the model
Return objective: S&P 500 + 3-4% annualized over 10 years
Rebalancing trigger: When any single sector deviates >5% from target, or any single stock crosses 5% cap
Excluded screens: None — open mandate. Custom values screens available on request

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding maximizes highest-conviction growth
Acceptable: Traditional IRA / 401(k) — tax-deferred with ordinary-income withdrawal
Avoid for high-bracket: Taxable brokerage — momentum/turnover creates short-term capital gains

Effective Theme Exposure

AI / Tech / Semis~30%
Defense / Aero~22%
Energy / Pipelines~16%
Power & Data-Center Infra~8%
Banks / Financials~5%
Healthcare~3%
Gold / Real Assets~3%
International (8 international names: ASML, NVO, EWY)3%
Cash buffer (settlement reserve)0.5%

+ 39 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Capital Wealth Aggressive Growth · $100K · Fundamentals (Tier II-B)

Fundamentals core book — 37 positions selected via CFP-grounded earnings, balance-sheet, and secular-thesis analysis. Tilts toward businesses with durable competitive moats, growing free cash flow, and conservative leverage. Mag7 + AI infrastructure + defense + energy core, broader international (16% — 8 individual ADRs/single-country ETFs: ASML, NVO, SAP, TM, EWY, PBR, IBN, CPNG), 4.5% bond/cash sleeve (TIP + SGOV + IEF) per CFP IN09. Portal-synced via slug aggressive_100k. Methodology distinction: Fundamentals Core picks come from earnings analysis; for daily-news tactical companions see Tier II-A Tactical Conviction.

#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
1	TPL	Texas Pacific Land	1.91%	Energy	+48.3%	+0.60%
2	XOM	ExxonMobil	1.85%	Energy	+27.1%	+0.50%
3	CVX	Chevron	1.85%	Energy	+26.4%	+0.40%
4	COP	ConocoPhillips	1.85%	Energy	+31.9%	+0.36%
5	LNG	Cheniere Energy	1.85%	Energy	+40.0%	+0.45%
9	EOG	EOG Resources	1.85%	Energy	+33.8%	+0.34%
10	PLTR	Palantir	2.11%	Defense	-20.3%	+1.57%
13	LMT	Lockheed Martin	2.11%	Defense	+5.6%	+0.58%
14	HWM	Howmet Aerospace	2.11%	Defense	+15.3%	+0.51%
15	NOC	Northrop Grumman	2.11%	Defense	-0.8%	+0.41%
16	RTX	RTX Corp	2.11%	Defense	-5.1%	+0.11%
17	NVDA	NVIDIA	1.33%	AI	+5.8%	+0.65%
18	AVGO	Broadcom	1.33%	AI Semis	+20.7%	+0.18%
19	CRWD	CrowdStrike	1.85%	Cyber	-4.2%	+0.33%
20	PANW	Palo Alto Networks	1.85%	Cyber	-3.1%	+0.22%
21	ANET	Arista Networks	1.85%	AI Infra	+30.4%	+0.29%
22	ORCL	Oracle	1.85%	AI/Data	-12.3%	+0.27%
23	SNOW	Snowflake	1.85%	Data	-36.5%	+0.40%
26	META	Meta	1.33%	AI/Ad	-8.5%	+0.07%
27	JPM	JPMorgan	1.85%	Bank	-2.5%	+0.07%
28	GS	Goldman Sachs	1.85%	Bank	+5.0%	+0.14%
29	MS	Morgan Stanley	1.85%	Bank	+7.3%	+0.05%
31	BRK.B	Berkshire	1.85%	Conglom	-6.1%	+0.18%
35	GEV	GE Vernova	1.85%	Power	+61.4%	+0.53%
36	EME	EMCOR	1.85%	Infra	+46.5%	+0.43%
37	VRT	Vertiv	1.85%	DC Infra	+99.8%	+0.40%
40	AAPL	Apple	1.33%	Tech/Mag7	+2.7%	+0.22%
41	MSFT	Microsoft	1.33%	Tech/Mag7	-14.8%	+0.14%
42	GOOGL	Alphabet	1.33%	Tech/Mag7	+23.0%	+0.09%
43	AMZN	Amazon	1.33%	Tech/Mag7	+15.4%	+0.18%
44	TSLA	Tesla	1.33%	Tech/Mag7	-14.0%	-0.09%
45	IAU	iShares Gold	1.85%	Gold	+6.1%	+0.43%
51	COST	Costco	1.02%	Staples	+17.2%	+0.22%
52	LLY	Eli Lilly	1.49%	Pharma	-10.6%	+0.12%
53	WMT	Walmart	0.51%	Staples	+17.8%	+0.10%
58	BA	Boeing	1.43%	Defense/Aero	+4.1%	+0.25%	ADD Apr 23 — Q1 beat, 737 deliveries +72% YoY
+	IEF	iShares 7-10Y Treasury	1.54%	Fixed Income	—	—	CFP audit May 12 — intermediate-Treasury sleeve (8% total bond/cash)
59	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
60	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification
	TOTAL		99.50%
+	EWT	iShares MSCI Taiwan ETF	1.54%	International / EM	+34.0%	+0.51%	NEW May 09 — Taiwan +34% YTD; broader-than-TSM exposure
+	EFA	iShares MSCI EAFE Developed ex-US	1.54%	International / Developed	+9.5%	+0.14%	NEW May 09 — Developed-market diversifier (Europe, Japan, UK)
+	SGOV	iShares 0-3M Treasury ETF	0.13%	Fixed Income / Cash	+5.1%	+0.15%	NEW May 09 — Cash equivalent for liquidity reserve + rebalancing
+	ASML	ASML Holding NV	2.56%	International / Developed	—	—	CFP audit May 12 (rev 3) — Netherlands - Semis - EUV lithography monopoly
+	NVO	Novo Nordisk A/S	2.56%	International / Developed	—	—	CFP audit May 12 (rev 3) — Denmark - Healthcare - GLP-1 leader
+	SAP	SAP SE	2.05%	International / Developed	—	—	CFP audit May 12 (rev 3) — Germany - Software - ERP global standard
+	TM	Toyota Motor Corp	2.05%	International / Developed	—	—	CFP audit May 12 (rev 3) — Japan - Discretionary - Global auto leader
+	EWY	iShares MSCI Korea ETF	2.56%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - Samsung-heavy proxy
+	PBR	Petrobras	1.54%	International / EM	—	—	CFP audit May 12 (rev 3) — Brazil - Energy - Integrated oil major
+	IBN	ICICI Bank	1.54%	International / EM	—	—	CFP audit May 12 (rev 3) — India - Financials - Banking leader
+	CPNG	Coupang Inc	1.54%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - E-commerce - NYSE direct listing
+	TIP	iShares TIPS Bond ETF	1.54%	Fixed Income / Inflation	+3.5%	+0.07%	NEW May 09 — Inflation-protected Treasuries; correlation diversifier
+	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.51%	Cash	—	—	Rev 1 May 12 — 0.5% liquidity buffer per CFP IN09 settlement / rebalancing reserve
38	BA	Boeing	1.23%	Industrials	+12.4%	+0.15%	NEW May 13 — Chinese aircraft-order optionality from Trump-Xi summit
39	DE	Deere	1.23%	Industrials	+18.6%	+0.22%	NEW May 13 — Soybean purchase upside; ag-equipment beneficiary
40	ADM	Archer-Daniels-Midland	0.31%	Staples	+6.4%	+0.05%	NEW May 13 — Grain trader; direct soybean purchase beneficiary
41	EBAY	eBay	1.23%	Consumer Discretionary	+9.1%	+0.11%	NEW May 13 — Board rejected $56B GameStop bid; cheap on cash flow
+	TSM	Taiwan Semiconductor	2.56%	AI Semis	+38.4%	+0.96%	NEW May 14 — Benard/Feith op-ed; chokehold on AI supply chain
+	AMKR	Amkor Technology	1.54%	AI Semis	+22.1%	+0.33%	NEW May 14 — Advanced packaging buildout in AZ; bottleneck pure-play
+	SFTBY	SoftBank ADR	1.54%	AI / Tech	+45.7%	+0.69%	NEW May 14 — +$25B OpenAI mark-up Q1; cleanest public OpenAI exposure
+	BAC	Bank of America	1.54%	Bank	+9.2%	+0.14%	NEW May 14 — Hike-not-cut Fed; NIM expansion
+	ABNRY	ABN Amro ADR	1.54%	International / Bank	+30.1%	+0.45%	NEW May 14 — +8.75% Q1 beat; European bank rerate
+	NEM	Newmont	1.23%	Materials / Gold	+38.2%	+0.46%	NEW May 14 — Gold breakout to $4,697; politically-pressured Fed lights gold thesis
61	IBM	IBM Quantum	1.5%	Quantum/AI	+18.4%	+0.28%	NEW May 22 — Anderon quantum foundry, $1B fed incentive; +12% session
62	BE	Bloom Energy	1.2%	Energy/Power	+44.1%	+0.53%	NEW May 22 — 52-week high $318.49; data-center power derivative of AI capex
63	PH	Parker-Hannifin	1.3%	Industrial/Defense	+12.8%	+0.17%	NEW May 22 — $2.55B Circor aerospace acquisition; tier-1 industrial defense exposure
+	QCOM	Qualcomm	2.50%	Semis/AI Inference	+18.2%	+0.46%	NEW May 27 — Stellantis AI-vehicle deal +12% session; inference for edge + autos
+	LRCX	Lam Research	1.20%	Semi-Cap	+24.8%	+0.30%	NEW May 27 — Huawei LogicFolding pressure makes Western-fab tooling more valuable
+	MU	Micron Technology	2.20%	Memory Semis (HBM)	+62.4%	+1.37%	NEW May 27 — HBM3E/HBM4 leader; AI memory cycle structural; +62% YTD
+	SNDK	SanDisk (post-WD spin)	1.40%	NAND Storage	+48.7%	+0.68%	NEW May 27 — Pure-play NAND post-Western Digital spin; AI inference storage demand
+	AMD	Advanced Micro Devices	2.80%	AI/CPU Semis	+54.2%	+1.52%	NEW May 27 — MI300X/MI325X share gains; co-leader in inference + still cheap to NVDA
+	DELL	Dell Technologies	1.80%	AI Servers / Hardware	+34.6%	+0.62%	NEW May 29 — +28.75% AH on $4.2B AI server orders; cleanest read-through to Anthropic $965B round
+	TSLA	Tesla	2.00%	Auto-AI / EV	+12.4%	+0.25%	NEW May 29 — EU sales rebound decouples from auto slump; Stellantis-QCOM deal validates auto-AI thesis

Investment Policy Statement

Risk band: Tolerate -20% to -30% peak-to-trough
Time horizon: 8-10+ years
Liquidity need: Low-to-moderate — 4% bond / cash sleeve + 0.5% cash buffer provides rebalancing source
Return objective: S&P 500 + 2% annualized over 10 years
Rebalancing trigger: When any sector deviates >4% from target, or bond sleeve drifts >2%
Excluded screens: None — open mandate. Custom values screens available on request

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — full tax-free compounding on the growth book
Acceptable: Traditional IRA / 401(k) — tax-deferred
Avoid for high-bracket: Taxable brokerage — pipeline / MLP names create K-1 complexity

Effective Theme Exposure

AI / Tech / Semis~22%
Defense / Aero~12%
Energy / Pipelines~11%
Banks / Financials~7%
Power & DC Infra~5%
Staples / Pharma / Healthcare~5%
International (8 international names: ASML, NVO, SAP, TM, EWY, PBR, IBN, CPNG)16%
Bonds (TIP + SGOV + IEF)4%
Cash buffer (settlement reserve)0.5%

+ 58 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Capital Wealth Aggressive Growth · $250K · Fundamentals (Tier III-B)

Fundamentals core book — 54 positions selected via CFP-grounded earnings, balance-sheet, and secular-thesis analysis. Tilts toward businesses with durable competitive moats, growing free cash flow, and conservative leverage. Full-stack expression of all major themes (AI, defense, energy, healthcare, financials, power/infra), broadened international (20% — 8 individual ADRs/single-country ETFs plus satellites), and a 4.5% bond/cash sleeve (TIP + SGOV + IEF). Portal-synced via slug aggressive_250k. Methodology distinction: Fundamentals Core picks come from earnings analysis; for daily-news tactical companions see Tier III-A Tactical Conviction.

#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
1	TPL	Texas Pacific Land	1.15%	Energy	+48.3%	+0.41%
2	XOM	ExxonMobil	1.19%	Energy	+27.1%	+0.36%
3	CVX	Chevron	1.19%	Energy	+26.4%	+0.29%
4	COP	ConocoPhillips	1.19%	Energy	+31.9%	+0.26%
5	LNG	Cheniere Energy	1.19%	Energy	+40.0%	+0.33%
9	EPD	Enterprise Products	1.19%	Energy	+22.1%	+0.17%
10	EOG	EOG Resources	1.19%	Energy	+33.8%	+0.25%
11	OXY	Occidental	1.19%	Energy	+42.3%	+0.28%
14	PLTR	Palantir	1.54%	Defense	-20.3%	+1.30%
17	LMT	Lockheed Martin	1.54%	Defense	+5.6%	+0.48%
18	HWM	Howmet Aerospace	1.54%	Defense	+15.3%	+0.42%
19	NOC	Northrop Grumman	1.54%	Defense	-0.8%	+0.34%
20	LHX	L3Harris	1.54%	Defense	+6.4%	+0.29%
21	GD	General Dynamics	1.54%	Defense	+2.8%	+0.24%
23	GE	GE Aerospace	1.54%	Defense	-8.0%	+0.38%	ADD 4/16 — Engines for Apaches, F-15s; $40B+ orderbook
25	RTX	RTX Corp	1.54%	Defense	-5.1%	+0.09%
26	NVDA	NVIDIA	1.21%	AI	+5.8%	+0.43%
27	AVGO	Broadcom	0.76%	AI Semis	+20.7%	+0.12%
28	CRWD	CrowdStrike	1.08%	Cyber	-4.2%	+0.22%
29	PANW	Palo Alto Networks	1.08%	Cyber	-3.1%	+0.14%
30	ANET	Arista Networks	1.08%	AI Infra	+30.4%	+0.19%
31	ORCL	Oracle	1.08%	AI/Data	-12.3%	+0.18%
32	SNOW	Snowflake	1.08%	Data	-36.5%	+0.26%
33	MDB	MongoDB	1.08%	Data	-37.5%	+0.31%
36	META	Meta	0.76%	AI/Ad	-8.5%	+0.05%
37	GOOGL	Alphabet	0.76%	AI/Cloud	+23.0%	-0.05%
38	MSFT	Microsoft	0.76%	AI/Cloud	-14.8%	-0.07%
42	JPM	JPMorgan	1.14%	Bank	-2.5%	+0.05%
43	GS	Goldman Sachs	1.14%	Bank	+5.0%	+0.10%
44	MS	Morgan Stanley	1.14%	Bank	+7.3%	+0.04%
45	BAC	Bank of America	1.14%	Bank	-3.1%	-0.01%
49	BRK.B	Berkshire	1.14%	Conglom	-6.1%	+0.13%
54	GEV	GE Vernova	1.08%	Power	+61.4%	+0.35%
55	EME	EMCOR	1.08%	Infra	+46.5%	+0.29%
56	PWR	Quanta Services	1.08%	DC/Power	+73.2%	+0.24%
57	VRT	Vertiv	1.08%	DC Infra	+99.8%	+0.26%
61	AAPL	Apple	0.81%	Tech/Mag7	+2.7%	+0.15%
62	AMZN	Amazon	0.81%	Tech/Mag7	+15.4%	+0.12%
63	TSLA	Tesla	0.81%	Tech/Mag7	-14.0%	-0.06%
65	IAU	iShares Gold	1.30%	Gold	+6.1%	+0.35%
66	GDX	Gold Miners ETF	1.30%	Gold Min	+0.3%	+0.46%
73	COST	Costco	1.17%	Staples	+17.2%	+0.29%
74	WMT	Walmart	0.72%	Staples	+17.8%	+0.13%
75	LLY	Eli Lilly	1.73%	Pharma	-10.6%	+0.15%
80	SLB	Schlumberger	1.08%	Energy	+48.5%	+0.14%	ADD Apr 23 — international oilfield leverage
81	BA	Boeing	1.08%	Defense/Aero	+4.1%	+0.22%	ADD Apr 23 — Q1 cash-flow positive
	TOTAL		99.50%
78	UNH	UnitedHealth Group	1.08%	Healthcare	+11.9%	+0.07%	NEW Apr 22 — Q1 beat + raised guidance, managed-care rebound
79	HAL	Halliburton	0.86%	Energy	+46.9%	+0.08%	ADD Apr 22 — WTI $92 Iran-talks stall, oilfield leverage
+	INTC	Intel	1.35%	Tech	+18.6%	+0.28%	NEW May 09 — Apple foundry pact validates U.S. semis revival; CHIPS Act + USG 10% stake support
+	HCA	HCA Healthcare	0.90%	Healthcare	+22.4%	+0.22%	NEW May 09 — Apr jobs report shows healthcare leading hiring; structural demographic tailwind
+	COST	Costco	1.35%	Staples	+12.8%	+0.19%	NEW May 09 — Trade-down dynamic + jobs strength favors club retail
+	EWT	iShares MSCI Taiwan ETF	1.12%	International / EM	+34.0%	+0.43%	NEW May 09 — Taiwan +34% YTD
+	EFA	iShares MSCI EAFE Developed ex-US	1.57%	International / Developed	+9.5%	+0.17%	NEW May 09 — Developed-market diversifier
+	EWJ	iShares MSCI Japan ETF	0.90%	International / Developed	+12.0%	+0.12%	NEW May 09 — Japan corp-governance reform + yen catalyst
+	SGOV	iShares 0-3M Treasury ETF	1.37%	Fixed Income / Cash	+5.1%	+0.15%	NEW May 09 — Cash equivalent for liquidity
+	ASML	ASML Holding NV	2.70%	International / Developed	—	—	CFP audit May 12 (rev 3) — Netherlands - Semis - EUV lithography monopoly
+	NVO	Novo Nordisk A/S	2.70%	International / Developed	—	—	CFP audit May 12 (rev 3) — Denmark - Healthcare - GLP-1 leader
+	SAP	SAP SE	2.25%	International / Developed	—	—	CFP audit May 12 (rev 3) — Germany - Software - ERP global standard
+	TM	Toyota Motor Corp	2.25%	International / Developed	—	—	CFP audit May 12 (rev 3) — Japan - Discretionary - Global auto leader
+	EWY	iShares MSCI Korea ETF	2.70%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - Samsung-heavy proxy
+	PBR	Petrobras	1.80%	International / EM	—	—	CFP audit May 12 (rev 3) — Brazil - Energy - Integrated oil major
+	IBN	ICICI Bank	1.80%	International / EM	—	—	CFP audit May 12 (rev 3) — India - Financials - Banking leader
+	CPNG	Coupang Inc	1.80%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - E-commerce - NYSE direct listing
+	TIP	iShares TIPS Bond ETF	1.35%	Fixed Income / Inflation	+3.5%	+0.09%	NEW May 09 — Inflation-protected Treasuries
+	IEF	iShares 7-10Y Treasury ETF	1.35%	Fixed Income / Duration	+2.8%	+0.06%	NEW May 09 — Intermediate Treasury duration; recession hedge
+	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.45%	Cash	—	—	Rev 1 May 12 — 0.5% liquidity buffer per CFP IN09 settlement / rebalancing reserve
38	BA	Boeing	1.08%	Industrials	+12.4%	+0.15%	NEW May 13 — Chinese aircraft-order optionality from Trump-Xi summit
39	DE	Deere	1.08%	Industrials	+18.6%	+0.22%	NEW May 13 — Soybean purchase upside; ag-equipment beneficiary
40	ADM	Archer-Daniels-Midland	0.72%	Staples	+6.4%	+0.05%	NEW May 13 — Grain trader; direct soybean purchase beneficiary
41	EBAY	eBay	1.08%	Consumer Discretionary	+9.1%	+0.11%	NEW May 13 — Board rejected $56B GameStop bid; cheap on cash flow
+	TSM	Taiwan Semiconductor	2.70%	AI Semis	+38.4%	+1.15%	NEW May 14 — Benard/Feith op-ed; chokehold on AI supply chain
+	AMKR	Amkor Technology	1.62%	AI Semis	+22.1%	+0.40%	NEW May 14 — Advanced packaging buildout in AZ; bottleneck pure-play
+	SFTBY	SoftBank ADR	1.62%	AI / Tech	+45.7%	+0.82%	NEW May 14 — +$25B OpenAI mark-up Q1; cleanest public OpenAI exposure
+	BAC	Bank of America	1.62%	Bank	+9.2%	+0.17%	NEW May 14 — Hike-not-cut Fed; NIM expansion
+	ABNRY	ABN Amro ADR	1.62%	International / Bank	+30.1%	+0.54%	NEW May 14 — +8.75% Q1 beat; European bank rerate
+	NEM	Newmont	1.35%	Materials / Gold	+38.2%	+0.57%	NEW May 14 — Gold breakout to $4,697; politically-pressured Fed lights gold thesis
82	IBM	IBM Quantum	1.8%	Quantum/AI	+18.4%	+0.33%	NEW May 22 — Anderon quantum foundry, $1B fed incentive; +12% session
83	BE	Bloom Energy	1.5%	Energy/Power	+44.1%	+0.66%	NEW May 22 — 52-week high; AI data-center power demand derivative
84	PH	Parker-Hannifin	1.5%	Industrial/Defense	+12.8%	+0.19%	NEW May 22 — $2.55B Circor aerospace deal; defense supply-chain tier-1
85	ARM	Arm Holdings	1.2%	Semiconductors	+78.4%	+0.94%	NEW May 22 — +16.2% session to 52w high; agentic AI CPU thesis
+	QCOM	Qualcomm	2.50%	Semis/AI Inference	+18.2%	+0.46%	NEW May 27 — Stellantis AI-vehicle deal +12% session; inference for edge + autos
+	LRCX	Lam Research	1.20%	Semi-Cap	+24.8%	+0.30%	NEW May 27 — Western-fab tooling beneficiary under Huawei pressure
+	MU	Micron Technology	2.20%	Memory Semis (HBM)	+62.4%	+1.37%	NEW May 27 — HBM3E/HBM4 leader; AI memory cycle structural; +62% YTD
+	SNDK	SanDisk (post-WD spin)	1.40%	NAND Storage	+48.7%	+0.68%	NEW May 27 — Pure-play NAND post-WD spin; AI inference storage demand
+	AMD	Advanced Micro Devices	3.20%	AI/CPU Semis	+54.2%	+1.73%	NEW May 27 — MI300X/MI325X share gains; co-leader in inference
+	DELL	Dell Technologies	1.80%	AI Servers / Hardware	+34.6%	+0.62%	NEW May 29 — +28.75% AH on $4.2B AI server orders; cleanest read-through to Anthropic $965B round

Investment Policy Statement

Risk band: Tolerate -18% to -28% peak-to-trough
Time horizon: 7-10+ years
Liquidity need: Moderate — 5% bond / cash sleeve + 0.5% cash buffer
Return objective: S&P 500 + 1.5-2% annualized over 10 years
Rebalancing trigger: When any sector deviates >4% from target
Excluded screens: None — open mandate. Custom values screens available on request

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding
Acceptable: Traditional IRA / 401(k) — tax-deferred
Avoid for high-bracket: Taxable brokerage if you can't absorb K-1 pipeline filings

Effective Theme Exposure

AI / Tech / Semis~18%
Defense / Aero~15%
Energy / Pipelines~13%
Banks / Financials~6%
Power & DC Infra~5%
Healthcare / Staples / Pharma~9%
International (8 international names: ASML, NVO, SAP, TM, EWY, PBR, IBN, CPNG)20%
Bonds (TIP + SGOV + IEF)5%
Cash buffer (settlement reserve)0.5%

+ 82 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Capital Wealth Aggressive Growth · $500K · Fundamentals (Tier IV-B)

Fundamentals core book — 68 positions selected via CFP-grounded earnings, balance-sheet, and secular-thesis analysis. Tilts toward businesses with durable competitive moats, growing free cash flow, and conservative leverage. Fullest expression: all themes, broadened international (23% — 8 individual ADRs/single-country ETFs plus Taiwan/EFA/Japan/Eurozone satellites), 4.5% bond/cash sleeve (TIP + SGOV + IEF). Position count consolidated from 120 per CFP IN09 best practice. Portal-synced via slug aggressive_500k. Methodology distinction: Fundamentals Core picks come from earnings analysis; for daily-news tactical companions see Tier IV-A Tactical Conviction.

#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
1	TPL	Texas Pacific Land	0.66%	Energy	+48.3%	+0.24%
2	XOM	ExxonMobil	0.86%	Energy	+27.1%	+0.27%
3	CVX	Chevron	0.86%	Energy	+26.4%	+0.22%
4	COP	ConocoPhillips	0.86%	Energy	+31.9%	+0.20%
5	LNG	Cheniere Energy	0.86%	Energy	+40.0%	+0.25%
9	EPD	Enterprise Products	0.86%	Energy	+22.1%	+0.13%
10	EOG	EOG Resources	0.86%	Energy	+33.8%	+0.19%
11	OXY	Occidental	0.86%	Energy	+42.3%	+0.21%
12	DVN	Devon Energy	0.86%	Energy	+38.0%	+0.18%
16	FANG	Diamondback	0.86%	Energy	+38.1%	+0.22%
17	SLB	Schlumberger	0.86%	Energy	+48.5%	+0.15%
18	HAL	Halliburton	0.86%	Energy	+46.9%	+0.14%
19	PLTR	Palantir	1.25%	Defense	-20.3%	+1.09%
22	LMT	Lockheed Martin	1.25%	Defense	+5.6%	+0.40%
23	HWM	Howmet Aerospace	1.25%	Defense	+15.3%	+0.35%
24	NOC	Northrop Grumman	1.25%	Defense	-0.8%	+0.29%
25	LHX	L3Harris	1.25%	Defense	+6.4%	+0.24%
26	GD	General Dynamics	1.25%	Defense	+2.8%	+0.20%
27	OSK	Oshkosh Corp	1.25%	Defense	+23.1%	+0.17%	ADD 4/16 — Pentagon named; JLTV/M-ATV builder
28	GE	GE Aerospace	1.25%	Defense	-8.0%	+0.31%	ADD 4/16 — Dual-use engines, $40B+ orderbook
29	RKLB	Rocket Lab	0.87%	Defense	+11.9%	+0.55%	ADD 4/16 — Tier-2 drone/munitions spec
30	RTX	RTX Corp	1.25%	Defense	-5.1%	+0.08%
31	BA	Boeing	1.25%	Defense	+4.1%	-0.07%
32	HII	HII	1.25%	Defense	+5.8%	+0.31%
33	NVDA	NVIDIA	1.09%	AI	+5.8%	+0.39%
34	AVGO	Broadcom	0.65%	AI Semis	+20.7%	+0.11%
35	CRWD	CrowdStrike	0.95%	Cyber	-4.2%	+0.20%
36	PANW	Palo Alto Networks	0.95%	Cyber	-3.1%	+0.13%
37	ANET	Arista Networks	0.95%	AI Infra	+30.4%	+0.17%
38	ORCL	Oracle	0.95%	AI/Data	-12.3%	+0.16%
39	SNOW	Snowflake	0.95%	Data	-36.5%	+0.24%
40	MDB	MongoDB	0.95%	Data	-37.5%	+0.28%
41	CSCO	Cisco	0.95%	AI Net	+19.9%	+0.04%
43	META	Meta	0.65%	AI/Ad	-8.5%	+0.04%
44	GOOGL	Alphabet	0.65%	AI/Cloud	+23.0%	-0.04%
45	MSFT	Microsoft	0.65%	AI/Cloud	-14.8%	-0.07%
51	JPM	JPMorgan	0.86%	Bank	-2.5%	+0.04%
52	GS	Goldman Sachs	0.86%	Bank	+5.0%	+0.08%
53	MS	Morgan Stanley	0.86%	Bank	+7.3%	+0.03%
54	BAC	Bank of America	0.86%	Bank	-3.1%	-0.01%
58	BRK.B	Berkshire	0.86%	Conglom	-6.1%	+0.10%
59	PGR	Progressive	0.86%	Insurance	-7.8%	+0.14%
67	GEV	GE Vernova	0.86%	Power	+61.4%	+0.29%
68	EME	EMCOR	0.86%	Infra	+46.5%	+0.24%
69	PWR	Quanta Services	0.86%	DC/Power	+73.2%	+0.20%
70	VRT	Vertiv	0.86%	DC Infra	+99.8%	+0.22%
74	AAPL	Apple	0.65%	Tech/Mag7	+2.7%	+0.12%
75	AMZN	Amazon	0.65%	Tech/Mag7	+15.4%	+0.10%
76	TSLA	Tesla	0.65%	Tech/Mag7	-14.0%	-0.05%
79	CAT	Caterpillar	0.86%	Infra	+54.7%	+0.10%
80	IAU	iShares Gold	0.86%	Gold	+6.1%	+0.24%
81	GDX	Gold Miners ETF	0.86%	Gold Min	+0.3%	+0.32%
82	WPM	Wheaton PM	0.86%	Gold/Silv	+6.0%	+0.27%
92	COST	Costco	0.17%	Staples	+17.2%	+0.15%
93	WMT	Walmart	0.17%	Staples	+17.8%	+0.07%
94	LLY	Eli Lilly	0.86%	Pharma	-10.6%	+0.08%
97	PG	Procter & Gamble	0.17%	Staples	+3.7%	+0.03%
	TOTAL		99.50%
104	UNH	UnitedHealth Group	0.86%	Healthcare	+11.9%	+0.06%	NEW Apr 22 — Q1 beat + raised guidance, managed-care rebound
+	INTC	Intel	0.87%	Tech	+18.6%	+0.37%	NEW May 09 — Apple foundry pact validates U.S. semis revival; CHIPS Act + USG 10% stake support
+	HCA	HCA Healthcare	1.31%	Healthcare	+22.4%	+0.34%	NEW May 09 — Apr jobs report shows healthcare leading hiring; structural demographic tailwind
+	SONY	Sony	0.44%	Consumer Discretionary	+15.2%	+0.15%	NEW May 09 — Double-digit FY guide; entertainment/PlayStation cash flows durable
+	EWT	iShares MSCI Taiwan ETF	1.09%	International / EM	+34.0%	+0.43%	NEW May 09 — Taiwan +34% YTD
+	EFA	iShares MSCI EAFE Developed ex-US	1.74%	International / Developed	+9.5%	+0.19%	NEW May 09 — Developed-market diversifier
+	EWJ	iShares MSCI Japan ETF	1.31%	International / Developed	+12.0%	+0.18%	NEW May 09 — Japan corp-governance + yen catalyst
+	EZU	iShares MSCI Eurozone ETF	1.09%	International / Developed	+11.0%	+0.14%	NEW May 09 — Eurozone reconstruction optionality if truce extends
+	INDA	iShares MSCI India ETF	0.87%	International / EM	+18.0%	+0.18%	NEW May 09 — India structural growth + demographic dividend
+	SGOV	iShares 0-3M Treasury ETF	1.40%	Fixed Income / Cash	+5.1%	+0.15%	NEW May 09 — Cash equivalent
+	ASML	ASML Holding NV	3.05%	International / Developed	—	—	CFP audit May 12 (rev 3) — Netherlands - Semis - EUV lithography monopoly
+	NVO	Novo Nordisk A/S	2.61%	International / Developed	—	—	CFP audit May 12 (rev 3) — Denmark - Healthcare - GLP-1 leader
+	SAP	SAP SE	2.61%	International / Developed	—	—	CFP audit May 12 (rev 3) — Germany - Software - ERP global standard
+	TM	Toyota Motor Corp	2.61%	International / Developed	—	—	CFP audit May 12 (rev 3) — Japan - Discretionary - Global auto leader
+	EWY	iShares MSCI Korea ETF	3.05%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - Samsung-heavy proxy
+	PBR	Petrobras	2.18%	International / EM	—	—	CFP audit May 12 (rev 3) — Brazil - Energy - Integrated oil major
+	IBN	ICICI Bank	2.18%	International / EM	—	—	CFP audit May 12 (rev 3) — India - Financials - Banking leader
+	CPNG	Coupang Inc	1.74%	International / EM	—	—	CFP audit May 12 (rev 3) — Korea - E-commerce - NYSE direct listing
+	TIP	iShares TIPS Bond ETF	1.31%	Fixed Income / Inflation	+3.5%	+0.09%	NEW May 09 — Inflation-protected Treasuries
+	IEF	iShares 7-10Y Treasury ETF	1.31%	Fixed Income / Duration	+2.8%	+0.07%	NEW May 09 — Intermediate-Treasury duration
+	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.44%	Cash	—	—	Rev 1 May 12 — 0.5% liquidity buffer per CFP IN09 settlement / rebalancing reserve
38	BA	Boeing	1.05%	Industrials	+12.4%	+0.15%	NEW May 13 — Chinese aircraft-order optionality from Trump-Xi summit
39	DE	Deere	1.05%	Industrials	+18.6%	+0.22%	NEW May 13 — Soybean purchase upside; ag-equipment beneficiary
40	ADM	Archer-Daniels-Midland	0.70%	Staples	+6.4%	+0.05%	NEW May 13 — Grain trader; direct soybean purchase beneficiary
41	EBAY	eBay	1.05%	Consumer Discretionary	+9.1%	+0.11%	NEW May 13 — Board rejected $56B GameStop bid; cheap on cash flow
+	TSM	Taiwan Semiconductor	2.61%	AI Semis	+38.4%	+1.15%	NEW May 14 — Benard/Feith op-ed; chokehold on AI supply chain
+	AMKR	Amkor Technology	1.74%	AI Semis	+22.1%	+0.44%	NEW May 14 — Advanced packaging buildout in AZ; bottleneck pure-play
+	SFTBY	SoftBank ADR	1.74%	AI / Tech	+45.7%	+0.91%	NEW May 14 — +$25B OpenAI mark-up Q1; cleanest public OpenAI exposure
+	BAC	Bank of America	1.74%	Bank	+9.2%	+0.18%	NEW May 14 — Hike-not-cut Fed; NIM expansion
+	ABNRY	ABN Amro ADR	1.74%	International / Bank	+30.1%	+0.60%	NEW May 14 — +8.75% Q1 beat; European bank rerate
+	NEM	Newmont	1.57%	Materials / Gold	+38.2%	+0.69%	NEW May 14 — Gold breakout to $4,697; politically-pressured Fed lights gold thesis
105	IBM	IBM Quantum	2.0%	Quantum/AI	+18.4%	+0.37%	NEW May 22 — Anderon quantum foundry, $1B fed incentive; +12% session
106	BE	Bloom Energy	1.8%	Energy/Power	+44.1%	+0.79%	NEW May 22 — 52-week high; AI power capex derivative
107	PH	Parker-Hannifin	1.5%	Industrial/Defense	+12.8%	+0.19%	NEW May 22 — $2.55B Circor aerospace deal; naval/defense industrial
108	ARM	Arm Holdings	1.5%	Semiconductors	+78.4%	+1.18%	NEW May 22 — +16.2% to 52w high; agentic AI CPU thesis
109	NVO	Novo Nordisk	1.3%	Healthcare	+8.2%	+0.11%	NEW May 22 — Ozempic cancer-benefit studies; intl healthcare exposure
110	GFS	GlobalFoundries	1.2%	Semiconductors	+57.6%	+0.69%	NEW May 22 — 52w high +14.9%; foundry capacity beneficiary
+	QCOM	Qualcomm	2.50%	Semis/AI Inference	+18.2%	+0.46%	NEW May 27 — Stellantis AI-vehicle deal +12% session; inference for edge + autos
+	LRCX	Lam Research	1.20%	Semi-Cap	+24.8%	+0.30%	NEW May 27 — Western-fab tooling beneficiary under Huawei pressure
+	KLAC	KLA Corp	0.80%	Semi-Cap	+22.1%	+0.18%	NEW May 27 — Western-fab tooling beneficiary under Huawei pressure
+	MU	Micron Technology	2.50%	Memory Semis (HBM)	+62.4%	+1.56%	NEW May 27 — HBM3E/HBM4 leader; AI memory cycle structural; +62% YTD
+	SNDK	SanDisk (post-WD spin)	1.60%	NAND Storage	+48.7%	+0.78%	NEW May 27 — Pure-play NAND post-WD spin; AI inference storage demand
+	AMD	Advanced Micro Devices	3.50%	AI/CPU Semis	+54.2%	+1.90%	NEW May 27 — MI300X/MI325X share gains; co-leader in inference
+	DELL	Dell Technologies	1.80%	AI Servers / Hardware	+34.6%	+0.62%	NEW May 29 — +28.75% AH on $4.2B AI server orders; cleanest read-through to Anthropic $965B round

Investment Policy Statement

Risk band: Tolerate -15% to -25% peak-to-trough
Time horizon: 6-10+ years
Liquidity need: Moderate — 5% bond / cash sleeve + 0.5% cash buffer
Return objective: S&P 500 + 1-1.5% annualized over 10 years
Rebalancing trigger: When any sector deviates >3% from target
Excluded screens: None — open mandate. Custom values screens available on request

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — tax-free compounding
Acceptable: Traditional IRA / 401(k) — tax-deferred; or taxable brokerage (muni sleeve helps high-bracket clients)
Avoid for high-bracket: High-tax-state taxable without the muni sleeve — switch to MUB-weighted version

Effective Theme Exposure

AI / Tech / Semis~16%
Defense / Aero~17%
Energy / Pipelines~12%
Banks / Financials~5%
Power & DC Infra~5%
Healthcare / Staples / Pharma~9%
International (8 international names: ASML, NVO, SAP, TM, EWY, PBR, IBN, CPNG)23%
Bonds (TIP + SGOV + IEF)5%
Cash buffer (settlement reserve)0.5%

+ 105 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Capital Wealth Halal · Diversified (Sharia-Compliant)

Sharia-compliant model — AAOIFI screen applied. No conventional banks, no conventional insurers, no interest-bearing debt securities, no riba-exposed financials. Diversified through HLAL (Wahed FTSE USA Shariah ETF). Single-stock cap 5% per CFP IN09. Defense sleeve sized per AAOIFI-permitted defense-equipment guidance — disclosed.

#	Ticker	Company	Weight	Sector	YTD %	Contrib	Notes
1	TPL	Texas Pacific Land	3.00%	Energy	+48.3%	+1.58%
2	XOM	ExxonMobil	3.00%	Energy	+27.1%	+1.35%
3	CVX	Chevron	2.50%	Energy	+26.4%	+0.90%
4	COP	ConocoPhillips	2.50%	Energy	+31.9%	+0.81%
5	KMI	Kinder Morgan	2.50%	Energy	+19.1%	+0.49%
6	WMB	Williams Companies	2.00%	Energy	+26.5%	+0.44%
7	NVDA	NVIDIA	4.00%	AI	+5.8%	+1.75%
8	AVGO	Broadcom	3.50%	AI Semis	+20.7%	+0.41%
9	CRWD	CrowdStrike	1.50%	Cyber	-4.2%	+0.59%
10	SNOW	Snowflake	2.50%	Data	-36.5%	+0.72%
11	PLTR	Palantir	2.50%	Defense	-20.3%	+3.09%
12	RTX	RTX Corp	3.26%	Defense	-5.1%	+0.18%
13	LMT	Lockheed Martin	3.26%	Defense	+5.6%	+0.91%
14	OSK	Oshkosh Corp	2.44%	Defense	+23.1%	+0.29%	ADD 4/16 — Sharia-compliant defense industrial; Pentagon wartime footing
15	GE	GE Aerospace	2.44%	Defense	-8.0%	+0.54%	ADD 4/16 — Aerospace engines; dual-use
16	GD	General Dynamics	2.44%	Defense	+2.8%	+0.34%
17	GEV	GE Vernova	3.50%	Power	+61.4%	+1.19%
18	PWR	Quanta Services	2.50%	DC/Power	+73.2%	+0.65%
19	CAT	Caterpillar	2.00%	Infra	+54.7%	+0.24%
20	WPM	Wheaton PM	3.00%	Hedge	+6.0%	+1.10%
21	RGLD	Royal Gold	2.50%	Hedge	+2.9%	+0.78%
22	IAU	iShares Gold	4.00%	Hedge	+6.1%	+1.17%
25	ANET	Arista Networks	2.26%	AI Infra	+30.4%	+0.39%
26	AAPL	Apple	2.50%	Tech/Mag7	+2.7%	+0.36%
27	MSFT	Microsoft	2.50%	Tech/Mag7	-14.8%	+0.24%
28	GOOGL	Alphabet	2.50%	Tech/Mag7	+23.0%	+0.15%
29	AMZN	Amazon	2.50%	Tech/Mag7	+15.4%	+0.30%
30	META	Meta	2.50%	Tech/Mag7	-8.5%	+0.42%
31	TSLA	Tesla	2.00%	Tech/Mag7	-14.0%	-0.15%
32	HAL	Halliburton	1.80%	Energy	+46.9%	+0.20%	ADD Apr 23 — halal-screened, Iran/Hormuz pressure
33	SLB	Schlumberger	1.80%	Energy	+48.5%	+0.25%	ADD Apr 23 — international oilfield
34	BA	Boeing	1.80%	Defense/Aero	+4.1%	+0.32%	ADD Apr 23 — commercial aerospace + defense split
35	TXN	Texas Instruments	1.50%	Tech/Semis	+61.2%	+0.15%	ADD Apr 23 — halal-eligible analog/power chips
43	MRVL	Marvell Technology	2.00%	AI Semis	+9.0%	+0.18%	NEW Jun 3 — Jensen Huang flags it a potential 'next trillion-dollar' name; custom AI silicon + optical networking
44	MSI	Motorola Solutions	1.50%	Defense / Comms	+6.0%	+0.09%	NEW Jun 3 — Bought counter-drone firm D-Fend (~$1.5B); public-safety comms + counter-drone growth
45	MP	MP Materials	1.50%	Rare Earth	+5.0%	+0.08%	NEW Jun 3 — 'Magnets without China' theme (Niron private); only U.S. rare-earth mine + magnet build-out
	TOTAL
+	UAL	United Airlines	0.75%	Industrials	-17.0%	+0.09%	NEW Apr 25 — Kirby premium-loyalty moat
+	BP	BP plc	0.5%	Energy	+35.3%	+0.04%	NEW Apr 25 — Iraq Rumaila asymmetric recovery
+	CCJ	Cameco	0.75%	Power/Infra	+32.0%	+0.18%	NEW Apr 25 — Uranium upstream
+	MP	MP Materials	0.5%	Power/Infra	+32.1%	+0.07%	NEW Apr 25 — Rare-earth strategic asset (Bessent)
+	HLAL	Wahed FTSE USA Shariah ETF	6.00%	Faith-Based / Diversified	+12.4%	+0.25%	NEW May 09 — Sharia-compliant US equity ETF — replaces JPM exposure with screened diversifier
+	CASH	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	—	—	Rev 1 May 12 — 0.5% liquidity buffer; AAOIFI-permitted cash/Treasury equivalent for settlement
39	DE	Deere	1.00%	Industrials	+18.6%	+0.28%	NEW May 13 — Soybean purchase beneficiary; Halal-compliant
+	TSM	Taiwan Semiconductor	2.00%	AI Semis	+38.4%	+1.15%	NEW May 14 — Sharia-compliant tech; AI supply chain chokehold
+	AMKR	Amkor Technology	1.50%	AI Semis	+22.1%	+0.40%	NEW May 14 — Advanced packaging; non-financial Sharia-compliant
+	NEM	Newmont	1.50%	Materials / Gold	+38.2%	+0.57%	NEW May 14 — Real-asset hedge; Sharia-compliant gold miner
40	ARM	Arm Holdings (Halal-compliant)	1.5%	Semiconductors	+78.4%	+1.18%	NEW May 22 — +16.2% session to 52w high; agentic AI CPU thesis
41	ENPH	Enphase Energy	1.3%	Solar/Power	+34.8%	+0.45%	NEW May 22 — +17.3% session; distributed power and storage tailwinds
42	LLY	Eli Lilly	1.5%	Healthcare	+24.5%	+0.37%	NEW May 22 — Phase 3 weight-loss win + GLP-1 cancer benefit secondary use
+	QCOM	Qualcomm	2.50%	Semis/AI Inference (Halal)	+18.2%	+0.46%	NEW May 27 — Stellantis AI-vehicle deal; halal-screened semis exposure
+	MU	Micron Technology	2.20%	Memory Semis (Halal-screened)	+62.4%	+1.37%	NEW May 27 — HBM3E/HBM4 leader; halal-compliant semis exposure
+	AMD	Advanced Micro Devices	2.80%	AI/CPU Semis (Halal)	+54.2%	+1.52%	NEW May 27 — AI semis co-leader; halal-screened
+	DELL	Dell Technologies	1.80%	AI Servers / Hardware	+34.6%	+0.62%	NEW May 29 — +28.75% AH on $4.2B AI server orders; cleanest read-through to Anthropic $965B round

Investment Policy Statement

Risk band: Tolerate -22% to -30% peak-to-trough
Time horizon: 8-10+ years
Liquidity need: Low — no interest-bearing bond sleeve permitted under AAOIFI screen; 0.5% cash / Treasury settlement buffer is AAOIFI-permitted
Return objective: S&P 500 + 1.5% annualized over 10 years
Rebalancing trigger: When any sector deviates >4% from target, or any single stock crosses 5% cap
Excluded screens: AAOIFI Sharia — no conventional banks, no conventional insurers, no riba-exposed financials, no alcohol / pork / adult / gambling / weapons restricted by AAOIFI

Tax Location Guidance

Best fit: Roth IRA, Roth 403(b), HSA — religious-mandate alignment is portable across account types
Acceptable: Traditional IRA / 401(k), taxable brokerage with HLAL anchor
Note: Sharia screen is preserved across all account types — no tax-driven trades override the mandate

Effective Theme Exposure

Energy / Pipelines~24%
Defense (AAOIFI-permitted)~16%
AI / Tech / Cyber / Data~22%
Power & DC Infra~10%
Mag7 / Big Tech~15%
Real Assets (gold + miners)~10%
Sharia ETF (HLAL diversifier)6%
Cash buffer (AAOIFI-permitted settlement)0.5%
Single-stock cap5% per name (CFP IN09)

Sharia screening methodology & ongoing changes

Full AAOIFI screening notes, sukuk / fixed-income alternatives, and quarterly rebalancing logs available to clients.

Become a client →

Capital Wealth Dividend Income · Diversified

Conservative $40K (Yield ~3.8%)

#	Ticker	Company	Weight	Yield	YTD %	Contrib	Sector
1	XOM	Exxon Mobil	5.44%	2.6%	+27.1%	+1.66%	Energy Div
2	CVX	Chevron	5.44%	3.5%	+26.4%	+1.32%	Energy Div
3	ENB	Enbridge	3.63%	5.9%	+15.6%	+0.56%	Energy Div
4	EPD	Enterprise Products	3.63%	6.4%	+22.1%	+0.46%	Energy Div
5	JNJ	Johnson & Johnson	4.53%	2.2%	+10.4%	+0.43%	Div Growth
6	PG	Procter & Gamble	4.53%	2.9%	+3.7%	+0.30%	Div Growth
7	KO	Coca-Cola	4.53%	3.1%	+12.9%	+0.35%	Div Growth
8	PEP	PepsiCo	4.53%	3.4%	+10.2%	+0.28%	Div Growth
9	TIP	iShares TIPS Bond	9.06%	3.9%	+1.6%	+0.32%	TIPS/Fixed
10	SGOV	iShares 0-3M Treasury	4.55%	5.1%	+0.9%	+0.07%	TIPS/Fixed
11	IAU	iShares Gold	9.06%	—	+6.1%	+2.40%	Gold
12	GDX	VanEck Gold Miners	4.53%	1.8%	+0.3%	+1.60%	Gold
13	JPM	JPMorgan	4.53%	2.2%	-2.5%	+0.20%	Financials
14	BAC	Bank of America	4.53%	2.4%	-3.1%	+0.25%	Financials
15	ALL	Allstate	4.53%	2.1%	+4.1%	+0.50%	Financials
16	ET	Energy Transfer	4.53%	7.0%	+22.8%	+0.60%	Midstream
17	MPLX	MPLX LP	4.53%	7.8%	+7.6%	+0.70%	Midstream
18	KMI	Kinder Morgan	4.53%	3.6%	+19.1%	+0.48%	Midstream
19	SCHD	Schwab US Div ETF	4.53%	3.6%	+16.3%	+0.38%	Div ETF
+	UAL	United Airlines	0.40%	Industrials	-17.0%	+0.06%	NEW Apr 25 — Kirby premium-loyalty moat
+	BP	BP plc	0.27%	Energy	+35.3%	+0.02%	NEW Apr 25 — Iraq Rumaila asymmetric recovery
+	CCJ	Cameco	0.40%	Power/Infra	+32.0%	+0.11%	NEW Apr 25 — Uranium upstream — X-Energy IPO validates
+	URA	Uranium Miners ETF	0.27%	Power/Infra	+30.4%	+0.05%	NEW Apr 25 — Diversified uranium ETF
+	XLE	Energy Select SPDR	0.54%	Energy	+31.8%	+0.07%	NEW Apr 25 — Macro overlay for +2% Energy lift
+	ABNRY	ABN Amro ADR	1.36%	International / Bank	+30.1%	+0.45%	NEW May 14 — +8.75% Q1 beat; European bank rerate + 5%+ yield
+	NEM	Newmont	1.09%	Materials / Gold	+38.2%	+0.46%	NEW May 14 — Gold breakout to $4,697; income via 2.5% yield
20	DG	Dollar General	1.50%	2.6%	+8.2%	+0.12%	Consumer / Retail (NEW Jun 3)

Moderate $100K

#	Ticker	Company	Weight	Yield	YTD %	Contrib	Sector
20	XOM	Exxon Mobil	5.38%	2.6%	+27.1%	+1.66%	Energy Div
21	CVX	Chevron	5.38%	3.5%	+26.4%	+1.32%	Energy Div
22	ENB	Enbridge	3.59%	5.9%	+15.6%	+0.56%	Energy Div
23	EPD	Enterprise Products	3.59%	6.4%	+22.1%	+0.46%	Energy Div
24	JNJ	Johnson & Johnson	3.59%	2.2%	+10.4%	+0.34%	Div Growth
25	PG	Procter & Gamble	3.59%	2.9%	+3.7%	+0.24%	Div Growth
26	KO	Coca-Cola	3.59%	3.1%	+12.9%	+0.28%	Div Growth
27	PEP	PepsiCo	3.59%	3.4%	+10.2%	+0.22%	Div Growth
28	LMT	Lockheed Martin	3.59%	2.5%	+5.6%	+1.12%	Div Growth
29	SCHD	Schwab US Div ETF	7.17%	3.6%	+16.3%	+0.60%	Div ETF
30	JEPI	JPM Equity Premium	4.48%	7.3%	+1.4%	+0.25%	Covered Call
31	TIP	iShares TIPS Bond	7.17%	3.9%	+1.6%	+0.26%	TIPS/Fixed
32	SGOV	iShares 0-3M Treasury	4.45%	5.1%	+0.9%	+0.07%	TIPS/Fixed
33	IAU	iShares Gold	8.96%	—	+6.1%	+2.40%	Gold
34	GDX	VanEck Gold Miners	4.48%	1.8%	+0.3%	+1.60%	Gold
35	JPM	JPMorgan	4.48%	2.2%	-2.5%	+0.20%	Financials
36	BAC	Bank of America	4.48%	2.4%	-3.1%	+0.25%	Financials
37	ALL	Allstate	4.48%	2.1%	+4.1%	+0.50%	Financials
38	ET	Energy Transfer	3.59%	7.0%	+22.8%	+0.48%	Midstream
39	MPLX	MPLX LP	3.59%	7.8%	+7.6%	+0.56%	Midstream
40	KMI	Kinder Morgan	2.69%	3.6%	+19.1%	+0.29%	Midstream
41	WMB	Williams Companies	3.59%	4.4%	+26.5%	+0.60%	Midstream

Aggressive $100K

#	Ticker	Company	Weight	Yield	YTD %	Contrib	Sector
42	XOM	Exxon Mobil	5.91%	2.6%	+27.1%	+1.93%	Energy Div
43	CVX	Chevron	5.91%	3.5%	+26.4%	+1.54%	Energy Div
44	LNG	Cheniere Energy	2.53%	1.0%	+40.0%	+0.75%	Energy Div
45	ENB	Enbridge	2.53%	5.9%	+15.6%	+0.42%	Energy Div
46	LMT	Lockheed Martin	4.22%	2.5%	+5.6%	+1.40%	Div Growth
47	RTX	RTX Corp	3.38%	2.1%	-5.1%	+0.88%	Div Growth
48	JNJ	Johnson & Johnson	2.53%	2.2%	+10.4%	+0.26%	Div Growth
49	PG	Procter & Gamble	2.53%	2.9%	+3.7%	+0.18%	Div Growth
50	AVGO	Broadcom	4.22%	1.3%	+20.7%	+0.50%	Div Growth
51	SCHD	Schwab US Div ETF	5.07%	3.6%	+16.3%	+0.45%	Div ETF
52	JEPI	JPM Equity Premium	4.22%	7.3%	+1.4%	+0.25%	Covered Call
53	JEPQ	JPM Nasdaq Premium	3.38%	9.2%	+4.4%	+0.28%	Covered Call
54	TIP	iShares TIPS Bond	5.07%	3.9%	+1.6%	+0.19%	TIPS/Fixed
55	SGOV	iShares 0-3M Treasury	3.42%	5.1%	+0.9%	+0.06%	TIPS/Fixed
56	IAU	iShares Gold	7.60%	—	+6.1%	+2.16%	Gold
57	GDX	VanEck Gold Miners	5.07%	1.8%	+0.3%	+1.92%	Gold
58	JPM	JPMorgan	3.38%	2.2%	-2.5%	+0.16%	Financials
59	GS	Goldman Sachs	3.38%	1.8%	+5.0%	+0.32%	Financials
60	ALL	Allstate	3.38%	2.1%	+4.1%	+0.40%	Financials
61	BAC	Bank of America	2.53%	2.4%	-3.1%	+0.15%	Financials
62	ET	Energy Transfer	2.53%	7.0%	+22.8%	+0.36%	Midstream
63	MPLX	MPLX LP	2.53%	7.8%	+7.6%	+0.42%	Midstream
64	WMB	Williams Companies	2.53%	4.4%	+26.5%	+0.45%	Midstream
65	KMI	Kinder Morgan	2.53%	3.6%	+19.1%	+0.29%	Midstream
66	HAL	Halliburton	1.69%	1.6%	+46.9%	+0.18%	Energy
67	SLB	Schlumberger	1.69%	2.3%	+48.5%	+0.23%	Energy
68	BA	Boeing	1.27%	0.0%	+4.1%	+0.27%	Defense/Aero
69	TXN	Texas Instruments	1.52%	2.7%	+61.2%	+0.15%	Semis
38	BF.B	Brown-Forman	1.27%	Staples	+8.2%	+0.12%	NEW May 13 — Rejected $15B Sazerac; Dividend Aristocrat at clearance
39	BA	Boeing	0.84%	Industrials	+12.4%	+0.12%	NEW May 13 — Chinese aircraft-order optionality
40	EBAY	eBay	0.84%	Consumer Discretionary	+9.1%	+0.09%	NEW May 13 — Board defended franchise; sticky FCF
70	PH	Parker-Hannifin	2.5%	Industrial	+12.8%	+0.32%	NEW May 22 — $2.55B Circor aerospace deal; 65-year dividend grower
71	LLY	Eli Lilly	2.0%	Healthcare	+24.5%	+0.49%	NEW May 22 — Phase 3 weight-loss win + GLP-1 cancer benefit
+	QCOM	Qualcomm	1.50%	Semis/AI Inference (Div 2.0%)	+18.2%	+0.27%	NEW May 27 — Stellantis AI-vehicle deal; dividend grower
+	MU	Micron Technology	1.20%	Memory Semis (Div 0.5%)	+62.4%	+0.75%	NEW May 27 — HBM leader; small dividend grower
+	AMD	Advanced Micro Devices	1.50%	AI Semis (no div, growth allocation)	+54.2%	+0.81%	NEW May 27 — Growth sleeve allocation; AI semis structural
+	DELL	Dell Technologies	1.80%	AI Servers / Hardware	+34.6%	+0.62%	NEW May 29 — +28.75% AH on $4.2B AI server orders; cleanest read-through to Anthropic $965B round
72	UNH	UnitedHealth Group	1.50%	Health Care	+5.2%	+0.08%	NEW Jun 5 — Dividend raised to $2.32; BofA upgrade; health care led the Dow record
73	M	Macy's	1.00%	Consumer / Value	+25.0%	+0.25%	NEW Jun 5 — 3.2% yield; Berkshire stake; asset-backed deep value

+ 69 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Thesis — Diversified high-conviction income book. 81 positions across dividend leaders, REITs, MLPs, and high-yield bonds. Built for clients prioritizing reliable income with measured equity participation. CFP IN09 sweet spot of 25–30 names is intentionally exceeded here because income diversification reduces single-issuer dividend-cut risk.

Investment Policy Statement

Risk band: Tolerate −15% peak-to-trough drawdown
Time horizon: 5+ years
Liquidity need: 4% income distributions; 0.5% SGOV buffer
Return objective: 5% income + 4% capital appreciation
Rebalancing trigger: ±0.5% deviation
Excluded screens: None — open mandate

Tax Location Guidance

Best fit: Roth IRA / Traditional IRA — shelters MLP / REIT ordinary income distributions
Acceptable: Taxable brokerage at the qualified-dividend rate (15-20%)
Avoid for high-bracket: High-tax-state taxable — MLPs and REITs throw off ordinary-income drag

Effective Theme Exposure

Dividend Aristocrats30%
REITs / Real Assets15%
Energy Midstream / MLPs12%
Healthcare Dividend10%
Financials / Insurance12%
Utilities8%
High-Yield Bonds7%
Preferred Stock5%
Cash buffer (SGOV settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) Vanguard · Conservative

Election 1 · Vanguard Passive · 20% Equity / 60% Bonds / 20% Cash · All-in cost ~1.51%

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	MJGXX	JPMorgan U.S. Government Money Market	19.90%	Cash	+1.40%	+3.79%	+0.76%
2	VFIAX	Vanguard 500 Index	11.94%	Large-Cap US	+6%	+17.83%	+2.14%
3	VTMGX	Vanguard Developed Markets Index	5.97%	International	+9.9%	+35.17%	+2.11%
4	VIMAX	Vanguard Mid Cap Index	1.99%	Mid-Cap US	+6.8%	+11.67%	+0.23%
5	VBTLX	Vanguard Total Bond Market Index	59.70%	Bonds	+0%	+7.15%	+4.29%
	TOTAL		99.50%

* YTD '26 column: Vanguard tickers from your SB-vs-Orion Q1 2026 fee comparison; non-Vanguard tickers from Yahoo Finance / Morningstar (April 2026). Tickers without recent published YTD data show —. * 1-Year trailing returns from Security Benefit Quarterly Performance Report (period ending early 2026); Orion Index-Beat fund 1-Yr returns from Yahoo Finance / Morningstar (April 2026). YTD and 1-Yr windows are not strictly aligned across all sources. Returns gross of advisor fee. Past performance does not guarantee future results.

Thesis — Passive diversified allocation. Low-cost Vanguard index funds matched to SB Election 1 lineup. For clients prioritizing fee minimization and broad-market exposure within the 403(b) wrapper.

Investment Policy Statement

Risk band: Matches the selected target-date allocation
Time horizon: Matches retirement date
Liquidity need: 403(b) plan rules govern
Return objective: Match benchmark index minus 8 bps fee drag
Rebalancing trigger: Annual auto-rebalance via plan
Excluded screens: Limited to Vanguard SB1 fund universe

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) for high-tax-bracket savers
Not applicable outside 403(b): SB1 fund universe only available inside the plan

Effective Theme Exposure

US Large-Cap (VFIAX core)10.4%
US Small/Mid-Cap (VSMAX / VEXAX)3.6%
International Equity (VTIAX)6.0%
Bonds (VBTLX core)60%
Cash / Money Market19.5%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) Vanguard · Moderate Conservative

Election 1 · Vanguard Passive · 40% Equity / 48% Bonds / 12% Cash · All-in cost ~1.50%

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	MJGXX	JPMorgan U.S. Government Money Market	11.94%	Cash	+1.40%	+3.79%	+0.45%
2	VFIAX	Vanguard 500 Index	21.89%	Large-Cap US	+6%	+17.83%	+3.92%
3	VTMGX	Vanguard Developed Markets Index	11.94%	International	+9.9%	+35.17%	+4.22%
4	VIMAX	Vanguard Mid Cap Index	3.98%	Mid-Cap US	+6.8%	+11.67%	+0.47%
5	VBTLX	Vanguard Total Bond Market Index	47.76%	Bonds	+0%	+7.15%	+3.43%
6	VSMAX	Vanguard Small Cap Index	1.99%	Small-Cap US	+10.8%	+8.83%	+0.18%
	TOTAL		99.50%

Investment Policy Statement

Risk band: Matches the selected target-date allocation
Time horizon: Matches retirement date
Liquidity need: 403(b) plan rules govern
Return objective: Match benchmark index minus 8 bps fee drag
Rebalancing trigger: Annual auto-rebalance via plan
Excluded screens: Limited to Vanguard SB1 fund universe

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) for high-tax-bracket savers
Not applicable outside 403(b): SB1 fund universe only available inside the plan

Effective Theme Exposure

US Large-Cap (VFIAX core)20.8%
US Small/Mid-Cap (VSMAX / VEXAX)7.2%
International Equity (VTIAX)12.0%
Bonds (VBTLX core)48%
Cash / Money Market11.5%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) Vanguard · Moderate

Election 1 · Vanguard Passive · 60% Equity / 34% Bonds / 6% Cash · All-in cost ~1.50%

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	MJGXX	JPMorgan U.S. Government Money Market	5.97%	Cash	+1.40%	+3.79%	+0.23%
2	VFIAX	Vanguard 500 Index	30.84%	Large-Cap US	+6%	+17.83%	+5.53%
3	VTMGX	Vanguard Developed Markets Index	18.91%	International	+9.9%	+35.17%	+6.68%
4	VIMAX	Vanguard Mid Cap Index	5.97%	Mid-Cap US	+6.8%	+11.67%	+0.70%
5	VBTLX	Vanguard Total Bond Market Index	33.83%	Bonds	+0%	+7.15%	+2.43%
6	VSMAX	Vanguard Small Cap Index	3.98%	Small-Cap US	+10.8%	+8.83%	+0.35%
	TOTAL		99.50%

Investment Policy Statement

Risk band: Matches the selected target-date allocation
Time horizon: Matches retirement date
Liquidity need: 403(b) plan rules govern
Return objective: Match benchmark index minus 8 bps fee drag
Rebalancing trigger: Annual auto-rebalance via plan
Excluded screens: Limited to Vanguard SB1 fund universe

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) for high-tax-bracket savers
Not applicable outside 403(b): SB1 fund universe only available inside the plan

Effective Theme Exposure

US Large-Cap (VFIAX core)31.2%
US Small/Mid-Cap (VSMAX / VEXAX)10.8%
International Equity (VTIAX)18.0%
Bonds (VBTLX core)34%
Cash / Money Market5.5%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) Vanguard · Moderate Aggressive

Election 1 · Vanguard Passive · 75% Equity / 25% Bonds · All-in cost ~1.49%

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	VFIAX	Vanguard 500 Index	33.83%	Large-Cap US	+6%	+17.83%	+6.06%
2	VTMGX	Vanguard Developed Markets Index	25.87%	International	+9.9%	+35.17%	+9.14%
3	VIMAX	Vanguard Mid Cap Index	7.96%	Mid-Cap US	+6.8%	+11.67%	+0.93%
4	VBTLX	Vanguard Total Bond Market Index	24.88%	Bonds	+0%	+7.15%	+1.79%
5	VSMAX	Vanguard Small Cap Index	6.96%	Small-Cap US	+10.8%	+8.83%	+0.62%
	TOTAL		99.50%

Investment Policy Statement

Risk band: Matches the selected target-date allocation
Time horizon: Matches retirement date
Liquidity need: 403(b) plan rules govern
Return objective: Match benchmark index minus 8 bps fee drag
Rebalancing trigger: Annual auto-rebalance via plan
Excluded screens: Limited to Vanguard SB1 fund universe

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) for high-tax-bracket savers
Not applicable outside 403(b): SB1 fund universe only available inside the plan

Effective Theme Exposure

US Large-Cap (VFIAX core)39.0%
US Small/Mid-Cap (VSMAX / VEXAX)13.5%
International Equity (VTIAX)22.5%
Bonds (VBTLX core)25%
Cash / Money Market0%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) Vanguard · Aggressive

Election 1 · Vanguard Passive · 90% Equity / 10% Bonds · All-in cost ~1.49%

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	VFIAX	Vanguard 500 Index	39.80%	Large-Cap US	+6%	+17.83%	+7.13%
2	VTMGX	Vanguard Developed Markets Index	30.84%	International	+9.9%	+35.17%	+10.90%
3	VIMAX	Vanguard Mid Cap Index	10.95%	Mid-Cap US	+6.8%	+11.67%	+1.28%
4	VBTLX	Vanguard Total Bond Market Index	9.95%	Bonds	+0%	+7.15%	+0.71%
5	VSMAX	Vanguard Small Cap Index	7.96%	Small-Cap US	+10.8%	+8.83%	+0.71%
	TOTAL		99.50%

Investment Policy Statement

Risk band: Matches the selected target-date allocation
Time horizon: Matches retirement date
Liquidity need: 403(b) plan rules govern
Return objective: Match benchmark index minus 8 bps fee drag
Rebalancing trigger: Annual auto-rebalance via plan
Excluded screens: Limited to Vanguard SB1 fund universe

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) for high-tax-bracket savers
Not applicable outside 403(b): SB1 fund universe only available inside the plan

Effective Theme Exposure

US Large-Cap (VFIAX core)46.8%
US Small/Mid-Cap (VSMAX / VEXAX)16.2%
International Equity (VTIAX)27.0%
Bonds (VBTLX core)10%
Cash / Money Market0%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) CWLG · Tier 1 Aggressive

Election 3 · CWLG Custom · 100% Equity · Theme-mapped (AI/Tech, Energy, Dividend, Gold, Health) · All-in cost ~1.93% · 5-Yr alpha vs Vanguard Aggressive ≈ -10 bps

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	VITAX	Vanguard Information Technology Index	9.95%	Tech	+11.4%	+21.78%	+2.18%
2	FFOJX	Fidelity Advisor Technology	5.97%	Tech	—	+22.74%	+1.36%
3	RSIFX	Victory RS Science and Technology	3.98%	Tech	—	+18.73%	+0.75%
4	IENAX	Invesco Energy	13.93%	Energy	+18.00%	+12.36%	+1.73%
5	MDDVX	BlackRock Equity Dividend	9.95%	Dividend	+2.40%	+21.40%	+2.14%
6	WSHFX	American Funds Washington Mutual	7.96%	Dividend	—	+17.09%	+1.37%
7	TWEAX	American Century Equity Income	5.97%	Equity Income	—	+11.63%	+0.70%
8	ACSTX	Invesco Comstock	5.97%	Value	—	+17.15%	+1.03%
9	NBPBX	Neuberger Large Cap Value	3.98%	Value	—	+20.25%	+0.81%
10	VGSLX	Vanguard Real Estate Index	5.97%	Real Estate	+9.7%	+3.19%	+0.19%
11	PRUAX	PGIM Jennison Utility	3.98%	Utilities	—	+11.59%	+0.46%
12	OPGSX	Invesco Gold & Special Minerals	5.97%	Gold/Mining	—	+131.03%	+7.86%
13	PCRAX	PIMCO CommodityRealReturn Strategy	5.97%	Commodities	—	+18.80%	+1.13%
14	JFNSX	Janus Henderson Global Life Sciences	5.97%	Health Care	—	+24.35%	+1.46%
15	AMFFX	American Funds American Mutual	3.98%	Dividend	—	+16.03%	+0.64%
	TOTAL		99.50%

+ 10 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Thesis — Diversified high-conviction book within the CWLG 403(b) custom lineup. Active selection within the available fund universe; tilts toward growth and quality.

Investment Policy Statement

Risk band: Tolerate −22% peak-to-trough
Time horizon: 8+ years
Liquidity need: 403(b) plan rules govern
Return objective: S&P 500 + 1% over 7Y within available fund universe
Rebalancing trigger: Quarterly review; ±2% deviation
Excluded screens: Limited to CWLG custom 403(b) lineup

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) preferred for younger clients
Not applicable outside 403(b): CWLG custom lineup only available inside the plan

Effective Theme Exposure

Tech / AI20%
Energy14%
Dividend / Value / Equity Income28%
Real Estate / Utilities10%
Gold / Commodities12%
Healthcare6%
Other (Balanced / International)9.5%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) CWLG · Tier 2 Balanced

Election 3 · CWLG Custom · 81% Equity / 19% Bonds · Growth core + theme satellites · All-in cost ~1.93% · 5-Yr alpha vs Vanguard Moderate Aggressive ≈ +170 bps

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	VITAX	Vanguard Information Technology Index	6.96%	Tech	+11.4%	+21.78%	+1.52%
2	RSIFX	Victory RS Science and Technology	3.98%	Tech	—	+18.73%	+0.75%
3	IENAX	Invesco Energy	7.96%	Energy	+18.00%	+12.36%	+0.99%
4	MDDVX	BlackRock Equity Dividend	7.96%	Dividend	+2.40%	+21.40%	+1.71%
5	WSHFX	American Funds Washington Mutual	5.97%	Dividend	—	+17.09%	+1.03%
6	ACSTX	Invesco Comstock	4.97%	Value	—	+17.15%	+0.86%
7	VGSLX	Vanguard Real Estate Index	4.97%	Real Estate	+9.7%	+3.19%	+0.16%
8	OPGSX	Invesco Gold & Special Minerals	5.97%	Gold/Mining	—	+131.03%	+7.86%
9	JFNSX	Janus Henderson Global Life Sciences	4.97%	Health Care	—	+24.35%	+1.22%
10	TWUAX	American Century Ultra	11.47%	Growth	—	+12.34%	+1.48%
11	VHIAX	JPMorgan Growth Advantage	9.95%	Growth	+1.9%	+15.52%	+1.55%
12	JIGRX	Janus Henderson Overseas	4.97%	International	—	+28.29%	+1.41%
13	GIBAX	Guggenheim Total Return Bond	6.96%	Bonds	—	+7.88%	+0.55%
14	VBTLX	Vanguard Total Bond Market Index	5.97%	Bonds	+0%	+7.15%	+0.43%
15	JGIAX	JPMorgan Income	5.97%	Bonds	—	+7.38%	+0.44%
+	SGOV	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	+4.8%	+0.024%	Settlement & tactical liquidity
	TOTAL		99.50%

+ 10 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Thesis — Diversified high-conviction book within the CWLG 403(b) custom lineup. Active selection within the available fund universe; tilts toward growth and quality.

Investment Policy Statement

Risk band: Tolerate −22% peak-to-trough
Time horizon: 8+ years
Liquidity need: 403(b) plan rules govern
Return objective: S&P 500 + 1% over 7Y within available fund universe
Rebalancing trigger: Quarterly review; ±2% deviation
Excluded screens: Limited to CWLG custom 403(b) lineup

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) preferred for younger clients
Not applicable outside 403(b): CWLG custom lineup only available inside the plan

Effective Theme Exposure

Tech / AI11%
Energy8%
Dividend / Value / Equity Income19%
Real Estate / Utilities5%
Gold / Commodities6%
Healthcare5%
Growth / International27%
Bonds18%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) CWLG · Tier 3 Income

Election 3 · CWLG Custom · 65% Equity (dividend-tilted) / 35% Fixed income · All-in cost ~1.82% · 5-Yr alpha vs Vanguard Moderate Conservative ≈ +266 bps

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	IENAX	Invesco Energy	5.97%	Energy	+18.00%	+12.36%	+0.74%
2	MDDVX	BlackRock Equity Dividend	11.46%	Dividend	+2.40%	+21.40%	+2.57%
3	WSHFX	American Funds Washington Mutual	9.95%	Dividend	—	+17.09%	+1.71%
4	TWEAX	American Century Equity Income	7.96%	Equity Income	—	+11.63%	+0.93%
5	VGSLX	Vanguard Real Estate Index	3.98%	Real Estate	+9.7%	+3.19%	+0.13%
6	PRUAX	PGIM Jennison Utility	5.97%	Utilities	—	+11.59%	+0.70%
7	OPGSX	Invesco Gold & Special Minerals	3.98%	Gold/Mining	—	+131.03%	+5.24%
8	AMFFX	American Funds American Mutual	5.97%	Dividend	—	+16.03%	+0.96%
9	GIBAX	Guggenheim Total Return Bond	9.95%	Bonds	—	+7.88%	+0.79%
10	VBTLX	Vanguard Total Bond Market Index	6.96%	Bonds	+0%	+7.15%	+0.50%
11	BALFX	American Funds American Balanced	3.98%	Balanced	—	+18.42%	+0.74%
12	SIUSX	Guggenheim Core Bond	7.96%	Bonds	—	+7.51%	+0.60%
13	FKIQX	Franklin Income	4.97%	Income	—	+12.17%	+0.61%
14	JSDHX	JPMorgan Short Duration Core Plus	4.97%	Bonds	—	+6.68%	+0.33%
15	MJGXX	JPMorgan U.S. Government Money Market	4.97%	Cash	+1.40%	+3.79%	+0.19%
+	SGOV	Cash / Operational Reserve (SGOV settlement buffer)	0.50%	Cash	+4.8%	+0.024%	Settlement & tactical liquidity
	TOTAL		99.50%

+ 10 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Thesis — Diversified high-conviction book within the CWLG 403(b) custom lineup. Active selection within the available fund universe; tilts toward growth and quality.

Investment Policy Statement

Risk band: Tolerate −22% peak-to-trough
Time horizon: 8+ years
Liquidity need: 403(b) plan rules govern
Return objective: S&P 500 + 1% over 7Y within available fund universe
Rebalancing trigger: Quarterly review; ±2% deviation
Excluded screens: Limited to CWLG custom 403(b) lineup

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) preferred for younger clients
Not applicable outside 403(b): CWLG custom lineup only available inside the plan

Effective Theme Exposure

Energy6%
Dividend / Value / Equity Income30%
Real Estate / Utilities10%
Gold / Commodities4%
Healthcare6%
Bonds / Income38%
Cash / Money Market5%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth 403(b) Orion · Index-Beat

Orion 403(b) · Sector-tilted mutual-fund mirror of website themes (Energy, Tech/AI, Financials, Industrials, Defense, Gold, Infra) · All-in cost ~1.18%

#	Ticker	Company	Weight	Sector	YTD '26	1-Yr	Contrib
1	VGENX	Vanguard Energy Inv	12.94%	Energy	—	+24.2%	+4.81%
2	IENAX	Invesco Energy	11.94%	Energy	+18.00%	+12.36%	+1.48%
3	MTCAX	MFS Technology A	12.94%	Tech	-10.46%	+11.21%	+1.46%
4	VHIAX	JPMorgan Growth Advantage	11.94%	Growth	+1.9%	+15.52%	+1.86%
5	DVFYX	Davis Financial Y	9.95%	Financials	—	+19.60%	+1.96%
6	FSRBX	Fidelity Select Banking	4.97%	Banks	-2.09%	+23.10%	+1.16%
7	VINAX	Vanguard Industrials Idx Adm	9.95%	Industrials	+13.4%	+51.30%	+5.13%
8	RMLPX	Recurrent MLP & Infra I	4.97%	MLP/Infra	—	+45.68%	+2.28%
9	OPGSX	Invesco Gold & Special Minerals	5.97%	Gold/Mining	—	+131.03%	+7.86%
10	FSAGX	Fidelity Select Gold	3.98%	Gold	—	+137.52%	+5.50%
11	FSDAX	Fidelity Select Defense	9.95%	Defense	—	+39.70%	+3.97%
	TOTAL		99.50%

+ 6 more positions in this model

Top 5 holdings shown above. Become a Capital Wealth client to see every position, sector weight, and contribution.

Become a client →

Thesis — Diversified high-conviction book within the Orion 403(b) lineup. Active selection emphasizing healthcare, defense, and AI infrastructure within Orion’s available funds.

Investment Policy Statement

Risk band: Tolerate −25% peak-to-trough
Time horizon: 10+ years
Liquidity need: 403(b) plan rules govern
Return objective: S&P 500 + 2% over 10Y within Orion universe
Rebalancing trigger: Quarterly review; ±2% deviation
Excluded screens: Limited to Orion’s fund lineup

Tax Location Guidance

Best fit: Pre-tax 403(b)
Acceptable: Roth 403(b) for accumulation phase
Not applicable outside 403(b): Orion fund lineup only available inside the plan

Effective Theme Exposure

Energy25%
Tech / AI / Growth25%
Financials / Banks15%
Industrials / Infra15%
Defense10%
Gold / Real Assets9%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth Tax-Efficient · Diversified (Taxable)

Built for taxable accounts. Holdings chosen for low turnover, qualified-dividend tax treatment, ETF in-kind redemption (no embedded capital gains distributions), and tax-loss-harvesting flexibility. Excludes REITs, MLPs, and high-dividend names that throw off ordinary-income distributions. Designed to coordinate with a tax-deferred (IRA / 403b) sleeve where the high-yield names sit. Pairs with the wash-sale tracker on the rebalancing page.

#	Ticker	Name	Weight	Sector / Role	YTD	Contrib	Tax-Aware Note
#	Ticker	Name	Weight	Sector / Role	YTD	Contrib	Tax-Aware Note
1	VTI	Vanguard Total Stock Market ETF	14.49%	Core US Equity	+9.8%	+1.47%	Lowest-turnover total-market ETF (~3% turnover); minimal cap-gain distributions; ITOT TLH-pair
2	VOO	Vanguard S&P 500 ETF	9.66%	Core US Equity	+9.7%	+0.97%	S&P 500 core; IVV is the TLH-pair if VOO needs harvesting
3	VEA	Vanguard FTSE Developed Markets ETF	7.73%	Developed ex-US	+9.5%	+0.76%	Developed-market diversifier; IEFA = TLH-pair
4	VWO	Vanguard FTSE Emerging Markets ETF	3.86%	Emerging Markets	+14.0%	+0.56%	EM diversifier; EEM = TLH-pair (different index but functionally similar)
5	QQQM	Invesco NASDAQ-100 ETF (lower-fee class)	5.80%	Tech Tilt	+12.5%	+0.75%	Lower-fee than QQQ (0.15% vs 0.20%); same NASDAQ-100 exposure
6	SCHG	Schwab US Large-Cap Growth ETF	4.83%	Growth Tilt	+11.2%	+0.56%	VUG = TLH-pair; growth tilt without single-stock concentration
7	SCHD	Schwab US Dividend Equity ETF	4.83%	Quality Dividend	+8.0%	+0.40%	Qualified-dividend status; lower turnover than active funds; 3.6% yield
8	VV	Vanguard Large-Cap ETF	3.86%	Core US Equity	+9.6%	+0.38%	Large-cap diversifier; complements VTI without overlap
9	AAPL	Apple	2.90%	Single-stock conviction	+8.5%	+0.26%	Hold >1 yr for long-term cap-gain rate; specific-lot identification on harvests
10	MSFT	Microsoft	2.90%	Single-stock conviction	+10.2%	+0.31%	LTCG hold; minimal dividend income (qualified)
11	GOOGL	Alphabet	2.90%	Single-stock conviction	+11.5%	+0.35%	No dividend (zero ordinary income); LTCG hold
12	BRK.B	Berkshire Hathaway B	2.90%	Tax-Optimized	+8.8%	+0.26%	No dividend by design; pure capital-gain mechanism; ideal taxable holding
13	VTEB	Vanguard Tax-Exempt Bond ETF	9.66%	Muni Bond / Tax-Free	+3.2%	+0.32%	Federal-tax-free interest; CA-resident: pair with CMF for state-tax-free option
14	MUB	iShares National Muni Bond ETF	4.83%	Muni Bond / Tax-Free	+3.2%	+0.16%	VTEB = TLH-pair; same federal-tax-free exposure
15	CMF	iShares California Muni Bond ETF	4.83%	Muni Bond / Double-Tax-Free	+3.4%	+0.17%	CA residents only: federal AND state tax-free interest; sized to client's CA bracket
16	VTIP	Vanguard Short-Term TIPS ETF	3.86%	Inflation-Protected	+3.0%	+0.12%	Short-duration TIPS; less interest-rate risk than full TIP; SCHP = TLH-pair
17	SGOV	iShares 0-3M Treasury ETF	1.39%	Cash Equivalent	+5.1%	+0.15%	Treasury interest (federal-only-taxed); BIL = TLH-pair
18	IAU	iShares Gold Trust	2.90%	Real Asset	+8.0%	+0.24%	Long-term capital-gain rate (28% collectibles cap if <1yr); GLD = TLH-pair
19	VEU	Vanguard FTSE All-World ex-US ETF	2.90%	Global ex-US	+10.5%	+0.32%	Global ex-US diversifier; ACWX = TLH-pair
20	CASH	Money Market Reserve	0.97%	Operational Cash	+5.0%	+0.05%	Settlement / opportunistic cash; harvest reserve
TOTAL — 100%			100%			0.00%
21	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
22	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification

Tax-Efficiency Design Notes

What sits here vs in the IRA: this Tax-Efficient model goes in the taxable brokerage. The high-yield names (energy partnerships KMI/ET/EPD/MPLX, REITs, high-dividend ETFs, junk-bond ETFs) live in the Roth IRA / Traditional IRA / 403(b) sleeve where ordinary-income distributions are sheltered.
Wash-sale rule (IRS Section 1091): 30 days before AND after the sale (61-day window). Applies to “substantially identical” securities. The TLH-pair column lists the alternative ETF that maintains exposure without triggering wash-sale. Don't buy the same ticker in your IRA either — Rev Rul 2008-5 extended wash-sale rules across taxable+IRA accounts.
Long-term capital gains: hold every position >1 year before harvesting gains to qualify for the 0% / 15% / 20% LTCG bracket vs ordinary income. Use specific-lot identification (FIFO is the worst tax outcome).
Qualified dividends: ETFs in this model pass through qualified-dividend status (15-20% rate) rather than ordinary-income distributions. Avoid REITs and MLPs in this sleeve — they break QDI status.
Rebalancing cadence: quarterly review. If a position has drifted >5% from target, rebalance. Always rebalance through new contributions or distributions before triggering taxable sales.
Tax-loss-harvesting season: November-December for the year-end tax loss; March-October opportunistic on drawdown spikes >7%. The wash-sale tracker on the rebalancing page tells you when each position is eligible to repurchase.

Thesis — Diversified high-conviction book optimized for taxable brokerage accounts. Tilts toward qualified-dividend payers, low-turnover ETFs, and tax-managed funds. Avoids ordinary-income drag from REITs and energy MLPs.

Investment Policy Statement

Risk band: Tolerate −25% peak-to-trough drawdown
Time horizon: 10+ years
Liquidity need: 0.5% SGOV buffer; rest available via in-kind ETF redemption
Return objective: S&P 500 + 1% pre-tax; S&P 500 + 2% after-tax
Rebalancing trigger: Tax-loss-harvesting threshold first; then ±1% deviation
Excluded screens: REITs, energy MLPs (ordinary-income drag)

Tax Location Guidance

Best fit: Taxable brokerage (designed for it)
Acceptable: Roth IRA (tax-free compounding still works)
Avoid: Traditional IRA / 401(k) — tax-efficient design wasted inside a tax-deferred wrapper

Effective Theme Exposure

US Core Equity (VTI / VOO / VV)29%
International Developed (VEA)8%
Emerging Markets (VWO)4%
Tech / Growth Tilt (QQQM / SCHG)11%
Quality Dividend ETF (SCHD)5%
Single-Stock Conviction (AAPL / MSFT / GOOGL / BRK.B)12%
Municipal Bonds (VTEB / MUB / CMF)20%
TIPS / Treasury (VTIP / SGOV)7%
Gold / Real Assets (IAU)3%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth Tech & Quantum · Speculative

Aggressive-speculative sleeve for the moonshot bucket of a portfolio. Built around quantum computing pure-plays (IONQ, RGTI, QBTS, QUBT), AI infrastructure leaders, autonomous + counter-drone (AVAV), rare earth (MP), space (RKLB), and the highest-conviction Mag7. Position-sized small per name (1.5–4%) because individual outcomes range from 10x to zero. Suitable only for accounts where the client can tolerate a 50%+ drawdown on this sleeve without affecting their lifestyle. Sleeve sized at 5–15% of total household assets — never the whole portfolio.

#	Ticker	Name	Weight	Sector / Theme	YTD	Contrib	Speculative Thesis
1	IONQ	IonQ	3.98%	Quantum Computing	+62.0%	+2.48%	Trapped-ion quantum architecture; closest to commercial quantum advantage; Microsoft + AWS partnerships
2	RGTI	Rigetti Computing	2.98%	Quantum Computing	+85.0%	+2.55%	Superconducting-qubit fabrication leader; DARPA + DoE contracts; volatile but real revenue path
3	QBTS	D-Wave Quantum	2.49%	Quantum Computing	+45.0%	+1.13%	Quantum annealing specialist; commercial deployments at Volkswagen, Mastercard; differentiated from gate-based
4	QUBT	Quantum Computing Inc.	1.49%	Quantum Computing	+38.0%	+0.57%	Smaller-cap quantum + photonic sensing pure-play; binary outcome (win big or zero); position size reflects that
5	NVDA	NVIDIA	7.96%	AI Infrastructure	+18.5%	+1.48%	CUDA-moat compounder; AI capex cycle multi-year; cornerstone of any tech-speculative book
6	PLTR	Palantir Technologies	4.97%	AI / Defense Software	+42.0%	+2.10%	DoD AI-deployment leader; commercial AIP traction; rich valuation but secular tailwind
7	AVGO	Broadcom	4.97%	AI Semis	+22.0%	+1.10%	Custom AI silicon for hyperscalers; Apple, Meta, Google all customers; the "anti-NVDA" hedge
8	CRWD	CrowdStrike	3.98%	Cyber / AI Detection	+15.0%	+0.60%	AI-powered cyber leader; recurring revenue compounder; cyber spending is non-discretionary
9	SNOW	Snowflake	3.48%	Data Cloud	+12.0%	+0.42%	Cloud-data warehouse leader; AI-data preparation tailwind; high-burn but credible path
10	MDB	MongoDB	2.98%	Data Cloud	+9.5%	+0.29%	NoSQL leader; Atlas cloud growth + AI vector-database use case
11	AAPL	Apple	4.97%	Mag7 / AI Edge	+8.5%	+0.43%	Apple Intelligence on-device AI rollout; INTC chip-deal de-risks Taiwan tail; cash-flow ballast
12	META	Meta Platforms	4.97%	Mag7 / AI Models	+22.0%	+1.10%	Llama open-weights leader; capex thesis intact; ad-business funds the AI build
13	GOOGL	Alphabet	4.97%	Mag7 / AI Models	+11.5%	+0.58%	Gemini + Cloud AI compounding; YouTube ad ballast; Waymo optionality
14	MSFT	Microsoft	4.97%	Mag7 / AI Models	+10.2%	+0.51%	OpenAI partnership + Azure AI; quantum hardware research (Majorana qubits) is real long-shot
15	AVAV	AeroVironment	2.98%	Counter-Drone / Defense	+38.0%	+1.14%	Switchblade loitering munition + counter-UAS systems; Ukraine + Iran demand pull
16	RKLB	Rocket Lab	2.49%	Space / Defense	+45.0%	+1.13%	Small-launch leader + spacecraft systems; Neutron rocket optionality
17	MP	MP Materials	2.49%	Rare Earth / National Security	+28.0%	+0.70%	Only US-based rare-earth processor; defense + EV magnet supply-chain; DoD strategic-metals push
18	UNH	UnitedHealth Group	1.50%	Health Care	+5.2%	+0.08%	NEW Jun 5 — +5.2% on BofA upgrade; led the Dow's record day; dividend raised to $2.32. Rotation into health care
19	M	Macy's	1.00%	Consumer / Value	+25.0%	+0.25%	NEW Jun 5 — Berkshire stake; 1.3x book, 3.2% yield, real estate worth more than the market cap
18	CRSP	CRISPR Therapeutics	1.99%	Gene Editing / Speculative Bio	+18.0%	+0.36%	Casgevy commercial sickle-cell + beta-thal; pipeline has 5+ shots on goal; binary-outcome biotech
19	VST	Vistra Energy	2.98%	Power / AI Datacenter	+85.0%	+2.55%	Data-center power monster; nuclear PPA optionality; AI capex tailwind directly
20	CEG	Constellation Energy	2.49%	Power / Nuclear	+72.0%	+1.80%	Nuclear-fleet operator + Microsoft Three Mile Island deal; baseload-AI thesis
21	GEV	GE Vernova	2.98%	Power / Grid Infra	+58.0%	+1.74%	Grid + turbine + wind; AI datacenter buildout favors the picks-and-shovels
22	VRT	Vertiv Holdings	2.98%	DC Cooling / Infra	+42.0%	+1.26%	Datacenter liquid cooling leader; AI chip TDPs require new thermal solutions
23	TSM	Taiwan Semiconductor	3.98%	Foundry / AI Semis	+15.0%	+0.60%	Still the foundry leader; held alongside INTC for foundry-diversification pair-trade
24	INTC	Intel	2.98%	Foundry / Reshoring	+18.6%	+0.56%	Apple foundry deal validates Intel Foundry; CHIPS Act + USG 10% stake
25	TSLA	Tesla	3.48%	EV / Robotaxi / AI	+8.0%	+0.28%	Robotaxi + Optimus optionality; rest of EV business is mature; speculative on autonomy progress
26	CCJ	Cameco	1.99%	Uranium / Nuclear Fuel	+30.4%	+0.61%	Uranium leader; nuclear-AI baseload thesis; Westinghouse Electric stake
27	URA	Global X Uranium ETF	1.49%	Uranium / ETF	+34.0%	+0.51%	Diversified uranium-miner basket; complements CCJ single-stock
28	CASH	Cash / Reserve	5.04%	Dry Powder	+5.0%	+0.25%	Dry powder for adding into drawdowns; speculative book NEEDS this on every dip-buy
TOTAL — 100% of speculative sleeve (5-15% of household)			100%			0.00%

Risk & Sizing Notes

This is a speculative sleeve, not a core book. Hold this alongside Tier I/II/III/IV — never as the only book. Recommended sizing: 5–15% of total household financial assets. The other 85–95% goes in the Aggressive tiers, the dividend tier, the Tax-Efficient tier, or fixed income.
Drawdown expectations: a 50% peak-to-trough drawdown on this sleeve is likely, not surprising. Quantum names move 30%+ on any given week. Expect it.
Account location: hold this in Roth IRA wherever possible. The asymmetric upside (some names could 5–10x over the next decade) is exactly the kind of return you want growing tax-free.
Position sizing: the smallest names (QUBT, QBTS, IONQ, RGTI, RKLB) are sized 1.5–4% specifically because individual outcomes range from binary zeros to 10x winners. Don't size up — sized correctly here, a single zero costs you 1.5–4% of the sleeve, which is 0.075–0.6% of household.
Rebalancing: if any position grows past 6% of the sleeve, trim back to the 4% target. The asymmetric returns mean winners will compound; let them, but don't let them become the entire sleeve.
Suitability: not appropriate for clients in or near retirement who need this money for living expenses in the next 5 years. This sleeve is for the 10–30 year compounding horizon.

Thesis — Concentrated high-conviction thematic book. 28 positions across AI infrastructure, quantum computing, and frontier semis. Speculative sleeve only — sized for risk-on capital.

Investment Policy Statement

Risk band: Tolerate −45% peak-to-trough drawdown
Time horizon: 7+ years
Liquidity need: 0.5% SGOV buffer; 5% cash sleeve for opportunistic dip-buys
Return objective: NASDAQ 100 + 5% annualized over 7Y
Rebalancing trigger: ±1% single-stock; ±5% theme
Excluded screens: None — speculative sleeve only

Tax Location Guidance

Best fit: Roth IRA — tax-free growth on the asymmetric upside
Acceptable: Traditional IRA — tax-deferred with ordinary-income withdrawal
Avoid: Taxable brokerage — high turnover and binary-outcome names create realized short-term gains

Effective Theme Exposure

AI Infrastructure (NVDA / AVGO / VRT / GEV)21%
Quantum Computing (IONQ / RGTI / QBTS / QUBT)11%
Frontier Semis (TSM / INTC / AVGO)10%
AI Software / Data (PLTR / SNOW / MDB / CRWD)15%
Mag7 / Big-Tech Backbone20%
Speculative Defense / Space / Rare Earth (AVAV / RKLB / MP)8%
Power / Nuclear (VST / CEG / CCJ / URA)8.5%
Speculative Bio (CRSP)2%
EV / Autonomy (TSLA)3.5%
Cash buffer (settlement reserve)0.5%
Total99.5%

Capital Wealth Dividend Income · 5% Yield Focus

25-position balanced book targeting a ~5% blended yield with growth-friendly quality cushion. Half quality-dividend core (SCHD/VYM + classic dividend champions yielding 3%) and half higher-yield income (MLPs, REITs, BDCs, covered-call ETFs yielding 6–9%) — blended together to hit a 5% portfolio yield without concentrating in a single high-yield trap. Designed for clients who want their portfolio to pay them now without giving up the chance to grow over a 10-year horizon. Pairs well with Social Security as a guaranteed-income complement.

#	Ticker	Name	Weight	Sleeve	Yield	YTD	Income Note
#	Ticker	Name	Weight	Sleeve	Yield	YTD	Income Note
Quality Dividend Core (35% — yields 2.5–3.5%)
1	SCHD	Schwab US Dividend Equity ETF	8.16%	Quality Core	3.6%	+8.0%	Dow Jones Dividend 100 Index; quality-screen leader; tax-efficient ETF
2	VYM	Vanguard High Dividend Yield ETF	5.10%	Quality Core	3.0%	+7.5%	FTSE high-yield index; complements SCHD with broader diversification
3	DGRO	iShares Core Dividend Growth ETF	4.08%	Quality Core	2.5%	+9.5%	Morningstar dividend-growth index; lower starting yield, faster compounding
4	JNJ	Johnson & Johnson	3.06%	Quality Single-Stock	3.0%	+5.5%	62-year Dividend King; recession-defensive healthcare
5	PG	Procter & Gamble	3.06%	Quality Single-Stock	2.9%	+4.5%	68-year Dividend King; consumer staples ballast
6	KO	Coca-Cola	3.06%	Quality Single-Stock	3.1%	+6.0%	63-year Dividend King; global consumer brand moat
7	ABBV	AbbVie	3.06%	Quality Single-Stock	3.5%	+8.5%	Pharma dividend payer; oncology + immunology pipeline post-Humira
8	MRK	Merck & Co	3.06%	Quality Single-Stock	3.0%	+7.0%	Keytruda revenue compounding; reasonable yield + growth combo
9	PEP	PepsiCo	3.06%	Quality Single-Stock	3.4%	+5.0%	52-year Dividend Aristocrat; snacks + beverages diversifier
Higher-Yield Income (40% — yields 5.5–9%)
10	JEPI	JPMorgan Equity Premium Income ETF	5.10%	Covered Call ETF	7.5%	+6.5%	Equity exposure + covered-call income overlay; reduces volatility
11	ET	Energy Transfer LP	4.08%	Energy MLP	7.0%	+12.0%	Pipeline MLP; ordinary-income distributions (best in IRA, generates K-1)
12	MPLX	MPLX LP	4.08%	Energy MLP	7.8%	+13.5%	Marathon Petroleum-affiliated MLP; reliable distribution growth
13	KMI	Kinder Morgan	3.06%	Pipeline C-Corp	3.6%	+9.5%	C-corp (no K-1); natural-gas pipeline backbone
14	ENB	Enbridge	3.06%	Pipeline / Canadian	5.9%	+8.0%	Canadian pipeline major; 28+ years of dividend growth
15	O	Realty Income	4.08%	Net-Lease REIT	5.5%	+6.0%	"The Monthly Dividend Company"; net-lease REIT compounder
16	VICI	VICI Properties	3.06%	Gaming REIT	5.5%	+7.5%	Net-lease gaming/experiential REIT; 100% rent-collection track record
17	MAIN	Main Street Capital	3.06%	BDC	6.5%	+9.0%	Internally-managed BDC; monthly dividend + special dividends
18	ARCC	Ares Capital	3.06%	BDC	9.0%	+8.0%	Largest BDC; floating-rate loan book; benefits from higher rates
19	VZ	Verizon	3.06%	Telecom	6.5%	+5.0%	Telecom dividend payer; cash-flow business with limited growth
20	BTI	British American Tobacco	2.55%	Tobacco / Defensive	7.0%	+11.0%	High-yield tobacco; for clients who're comfortable with the sector
Bond & International Ballast (15% — yields 3–4.5%)
21	SCHY	Schwab International Dividend Equity	4.08%	Intl Dividend	4.0%	+8.5%	Developed-international dividend exposure; complements US-heavy core
22	TLT	iShares 20+Y Treasury ETF	4.08%	Long Treasury	4.0%	+1.5%	Long-duration Treasury; bond-yield ballast + recession hedge
23	TIP	iShares TIPS Bond ETF	4.08%	Inflation-Protected	3.5%	+3.5%	Inflation-protected Treasuries; real-yield + CPI accrual
24	PFF	iShares Preferred & Income	3.06%	Preferreds	6.0%	+4.5%	Preferred-stock ETF; bond-like yield with equity-style upside on rate cuts
Cash Reserve (10% — yield ~5%)
25	SGOV	iShares 0-3M Treasury ETF	8.75%	Cash Equivalent	5.1%	+5.1%	Short-Treasury cash sleeve; rebalancing source + emergency liquidity
TOTAL — 100%			100%		0.00%		Blended yield calculated weighted-average across all 25 positions
26	NEE	NextEra Energy	1.00%	Power	+8.0%	+0.08%	NEW May 19 — Dominion buyout creates East-Coast AI-power leader
27	AZN	AstraZeneca	0.50%	Pharma	+8.0%	+0.04%	NEW May 19 — Hypertension approval; pharma diversification

Income Mechanics

Distribution cadence: SCHD/VYM/DGRO quarterly; O/MAIN monthly; PFF/JEPI monthly; MLPs (ET/MPLX) and BDCs (ARCC) quarterly. The blended payout schedule produces income roughly every week of the year.
Annual cash flow on $500K invested: ~$25,250 (5.05% of $500K). Roughly $2,100/month if reinvested-or-spent monthly.
Account location: hold MLPs (ET, MPLX) and BDCs (MAIN, ARCC) in tax-deferred accounts (Traditional IRA, 401(k), 403(b)) — they generate ordinary income, not qualified dividends. The quality-core ETFs (SCHD/VYM/DGRO) and dividend stocks (JNJ/PG/KO/PEP/ABBV/MRK) belong in taxable brokerage where you get the qualified-dividend rate. JEPI is a hybrid — half qualified, half ordinary; better in tax-deferred.
K-1 forms: ET and MPLX issue Schedule K-1 (not 1099-DIV). If you don't want K-1 paperwork, swap them for AMLP or MLPX (MLP ETFs that handle the K-1 internally and issue 1099 to investors).
Distribution tax treatment: qualified dividends taxed at LTCG rates (0/15/20%); MLP/BDC/REIT distributions taxed as ordinary income; Treasury interest is federal-only-taxed (state-tax exempt).
Rebalancing: trim winners back to target weight quarterly; the Higher-Yield sleeve will drift up faster than Quality Core because of the higher distributions, so the trim is naturally tax-aware (taking gains in the higher-cost-basis lots first).
Use case: ideal for a CalSTRS / CalPERS retiree who has Social Security + pension covering fixed expenses and wants the brokerage account to fund discretionary spend (travel, family help) without selling principal.

Thesis — Diversified high-conviction balanced book targeting a 5% yield. Equity-income tilt with a defensive bond sleeve. For clients who want growth participation with an income floor.

Investment Policy Statement

Risk band: Tolerate −18% peak-to-trough drawdown
Time horizon: 7+ years
Liquidity need: 5% target income distribution; 0.5% SGOV buffer within cash sleeve
Return objective: 5% yield + S&P 500 minus 2% capital appreciation
Rebalancing trigger: ±0.5% deviation; quarterly review
Excluded screens: None

Tax Location Guidance

Best fit: Roth IRA — tax-free yield compounding
Acceptable: Traditional IRA / 403(b); taxable for qualified-dividend sleeve
Avoid for high-bracket taxable: MLP / BDC / REIT names throw off ordinary income — place those in tax-deferred

Effective Theme Exposure

Quality Dividend Core (SCHD / VYM / DGRO + Aristocrats)35%
Energy MLPs / Pipelines14%
REITs (Realty Income / VICI)7%
BDCs (MAIN / ARCC)6%
Covered Call ETFs (JEPI)5%
Telecom / Defensive Yield (VZ / BTI)5.5%
International Dividend (SCHY)4%
Long Treasury / TIPS / Preferreds11%
Cash sleeve (SGOV)9.5%
Cash buffer (settlement reserve, within cash sleeve)0.5%
Total99.5%

🔔 STAY IN THE LOOP

Get Daily Market Alerts

Saturday note + intraday alerts on portfolio moves. No spam — just the WSJ-driven analysis you came for.

We'll also ask to send browser push notifications so you can get intraday alerts. Unsubscribe anytime.

Privacy Terms Disclosures