SEC Filing Analysis: Parcion Private Wealth LLC (13F-HR)

Executive Summary

• Trading Significance: Medium
• Key Takeaway: Parcion Private Wealth LLC has disclosed a portfolio valued at over $1.6 billion as of September 30, 2025. The filing details 486 positions, indicating a diversified strategy with significant allocations to various ETFs and major technology and financial companies.
• Market Impact: As a routine quarterly disclosure, the immediate market impact is likely neutral. However, the detailed holdings can influence investor sentiment and provide insights into the strategies of a significant wealth management firm.

Filer Information

Field	Value
Filer Name	Parcion Private Wealth LLC
CIK	0001801263
Type	Institutional Investment Manager
Assets Under Management	$1,602,871,881 (as per this filing)

Filing Summary

Field	Value
Form Type	13F-HR
Filing Date	2025-10-14
Period of Report	2025-09-30
Total Portfolio Value	$1,602,871,881
Number of Holdings	486

Portfolio Analysis

Overview

This 13F-HR filing provides a snapshot of Parcion Private Wealth's long positions in U.S. equities. The portfolio is valued at approximately $1.6 billion, spread across 486 different securities. This indicates a highly diversified investment approach.

Top Holdings Analysis

The portfolio shows a strong preference for diversified ETFs and large-cap stocks. Some of the most significant positions by value include:

• Vanguard Whitehall Fds (INTL DVD ETF): ~$106.1M
• Dimensional ETF Trust (EMERGING MKTS CO): ~$88.0M
• iShares Trust (CORE MSCI EAFE): ~$87.7M
• First Trust Exchange Traded FD (RBA INDL ETF): ~$60.2M
• Invesco QQQ Trust (UNIT SER 1): ~$54.6M
• iShares Trust (NATIONAL MUN ETF): ~$52.9M
• World Gold Trust (SPDR GLD MINIS): ~$50.8M
• NVIDIA Corporation (NVDA): ~$44.1M

These top holdings suggest a strategy focused on international diversification, emerging markets, dividend income, and exposure to major market indices like the NASDAQ-100, alongside a significant position in a key technology leader (NVIDIA).

Investment Insights

Positive Market Indicators

• Large, Diversified Portfolio: A $1.6B portfolio suggests a stable, well-capitalized investment manager.
• Strategic ETF Use: Heavy investment in broad-market and thematic ETFs (international, emerging markets, dividend) indicates a disciplined, top-down asset allocation strategy.
• Core Tech Holdings: Maintaining a significant position in a high-growth stock like NVIDIA points to continued bullishness on the technology sector.

Risk Factors

• Backward-Looking Data: 13F data is up to 45 days old and may not reflect current positions.
• No Short Positions: These filings do not include short positions, cash, or other asset classes, providing an incomplete picture of the firm's overall strategy.
• 'Other Manager' Designations: Some positions are managed by other firms (e.g., Parametric Portfolio Associates, Richard Bernstein Advisors), meaning the investment discretion is shared.

Key Takeaways

1. Parcion Private Wealth manages a substantial and diversified portfolio with a global focus.
2. The firm utilizes ETFs extensively for broad market exposure, particularly in international and emerging markets.
3. While diversified, the portfolio includes concentrated bets in key sectors like technology, reflecting a blend of passive and active management styles.

Contextual Analysis

Filing Context

A 13F-HR (Holdings Report) is a mandatory quarterly filing for institutional investment managers with over $100 million in qualifying assets. It provides transparency into the holdings of large investors. It is not an insider trade but a statement of positions held at the end of the quarter.

Market Conditions

This filing reflects positions held at the end of Q3 2025. Investors should consider the market performance and economic events between the report date (09-30-2025) and the filing date (10-14-2025) when interpreting this data.

Risk Assessment

Risk Level for Interpretation: Medium

Risk Factors

• Lagging Indicator: The data is historical and the manager could have already altered these positions.
• Incomplete Picture: The report only shows long positions in specific securities, omitting shorts, derivatives, and other assets.
• Window Dressing: Firms may adjust holdings at the end of a quarter for reporting purposes, which may not reflect their long-term strategy.

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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 2025-10-14 | Data source: SEC EDGAR