SEC Filing Analysis: Capstone Wealth Management, LLC

Executive Summary

• Trading Significance: Low
• Key Takeaway: Capstone Wealth Management, LLC has filed its quarterly Form 13F-HR, disclosing $129.9 million in assets under management across 50 holdings as of September 30, 2025. The portfolio is heavily weighted towards diversified Exchange-Traded Funds (ETFs).
• Market Impact: The filing is unlikely to have a significant market impact. It represents a routine disclosure from a moderately sized wealth management firm, and the portfolio composition suggests a passive or semi-passive long-term strategy rather than aggressive, market-moving bets.

Filer Information

Field	Value
Filer Name	Capstone Wealth Management, LLC
CIK	0002019411
Total AUM Reported	$129,922,137
Number of Holdings	50

Filing Details

Field	Value
Form Type	13F-HR (Holdings Report)
Filing Date	2025-10-09
Period of Report	2025-09-30
Accession Number	0001725547-25-004106

Portfolio Analysis

This filing is a snapshot of the firm's holdings at the end of the third quarter. It does not detail individual buy or sell transactions but rather the resulting positions.

Top Holdings by Value

Issuer	Class	Value (USD)
EA SERIES TRUST	EA BRIDGEWAY OMN	$15,941,307
DIMENSIONAL ETF TRUST	US CORE EQUITY 2	$15,125,442
DIMENSIONAL ETF TRUST	US EQUITY MARKET	$14,372,598
DIMENSIONAL ETF TRUST	INTERNATNAL VAL	$12,303,192
DIMENSIONAL ETF TRUST	US TARGETED VLU	$12,011,633
DIMENSIONAL ETF TRUST	US MKTWIDE VALUE	$9,604,465
DIMENSIONAL ETF TRUST	WORLD EX US CORE	$7,559,174

Investment Strategy Insights

• Dominance of ETFs: The top holdings are exclusively ETFs, primarily from Dimensional ETF Trust. This indicates a strategy focused on broad diversification, asset allocation, and capturing market-wide or factor-based returns rather than individual stock picking.
• US and International Exposure: The portfolio includes a mix of US domestic funds (e.g., US CORE EQUITY 2) and international funds (e.g., INTL CORE EQT MK, WORLD EX US CORE), reflecting a global diversification approach.
• Value Tilt: Several fund names, such as 'US TARGETED VLU' and 'US MKTWIDE VALUE', suggest a strategic tilt towards value-oriented equities.
• Individual Stock Positions: While dominated by ETFs, the portfolio also contains positions in well-known large-cap stocks like APPLE INC ($2.17M), MICROSOFT CORP ($1.25M), and NVIDIA CORPORATION ($0.77M), which are likely core long-term holdings.

Market Impact and Context

• Routine Disclosure: Form 13F filings are a standard requirement for institutional investment managers with over $100 million in AUM. This filing is a normal-course-of-business disclosure.
• No Activist Signal: The diversified nature of the portfolio and the lack of highly concentrated positions in any single stock suggest that Capstone Wealth Management is operating as a traditional asset manager, not an activist investor.
• Sentiment Indicator: Neutral. The filing provides transparency into the firm's holdings but does not signal any urgent or dramatic shifts in strategy. It confirms a conventional, diversified approach to wealth management.

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IMPORTANT DISCLAIMER: This analysis is for informational purposes only and is not intended as investment advice. The information presented is based on publicly available SEC filings and should not be construed as a recommendation to buy, sell, or hold any securities. Past performance does not guarantee future results. All investments carry risk, including the potential loss of principal. Please consult with a qualified financial advisor before making any investment decisions.

Analysis generated on 2025-10-09 | Data source: SEC EDGAR