SEC Filing Analysis: Johnson & White Wealth Management, LLC

Executive Summary

• Trading Significance: Low
• Key Takeaway: Johnson & White Wealth Management, LLC has filed its quarterly Form 13F-HR, disclosing $218.32 million in assets under management across 112 positions as of September 30, 2025. The filing indicates a diversified strategy with a strong emphasis on ETFs and large-cap technology and financial stocks.
• Market Impact: As a routine quarterly filing from a moderately sized wealth management firm, the direct market impact is expected to be minimal. The data is primarily useful for tracking the firm's strategy and sentiment over time.

Filer Information

Field	Value
Filer Name	Johnson & White Wealth Management, LLC
CIK	0001954136
Type	Investment Manager

Filing Summary

Field	Value
Form Type	13F-HR (Holdings Report)
Filing Date	2025-10-15
Period of Report	2025-09-30
Total Holdings Value	$218,324,711
Number of Holdings	112

Top 5 Holdings by Value

1. INVESCO EXCH TRADED FD TR II (RAFI DVLPD MRKTS): $22,412,600
2. INVESCO EXCHANGE TRADED FD T (RAFI US 1500): $10,778,621
3. HARTFORD FDS EXCHANGE TRADED (MUN OPORTUNITE): $9,574,501
4. ISHARES TR (INTL SEL DIV ETF): $9,434,915
5. SCHWAB STRATEGIC TR (US DIVIDEND EQ): $8,430,776

Portfolio Analysis

Sector & Asset Allocation

• The portfolio is heavily weighted towards Exchange-Traded Funds (ETFs), indicating a strategy focused on diversification and broad market exposure across different geographies and factors (e.g., dividend, low volatility).
• Notable individual stock holdings include major technology companies such as NVIDIA ($7.79M), Apple ($5.33M), Broadcom ($5.04M), and Microsoft ($3.00M).
• The firm also holds positions in cryptocurrency-related ETFs, including Grayscale Bitcoin Mini Trust ($1.04M) and Grayscale Ethereum Mini Trust ($0.55M), reflecting an allocation to digital assets.

Investment Strategy Insights

• The significant investment in various RAFI (Research Affiliates Fundamental Index) and dividend-focused ETFs suggests a value and income-oriented approach within the fund's strategy.
• The presence of both broad market ETFs and concentrated positions in mega-cap tech stocks points to a core-satellite investment model.

Contextual Analysis

Filing Significance

Form 13F-HR is a mandatory quarterly report filed by institutional investment managers with at least $100 million in assets under management. It discloses their long U.S. equity positions at the end of the quarter.

Limitations of 13F Data

• Backward-Looking: The data is as of September 30, 2025, and may not reflect current holdings.
• Long Positions Only: The filing does not include short positions, cash, or other asset classes, providing an incomplete picture of the firm's overall strategy.
• No Intra-Quarter Trades: It only shows a snapshot at the end of the quarter, not the trading activity that occurred during it.

Key Takeaways

1. Diversified ETF Core: The majority of the firm's reported assets are in a wide range of ETFs, emphasizing broad diversification.
2. Large-Cap Conviction: The portfolio includes significant, multi-million dollar positions in leading technology and financial companies.
3. Modern Asset Allocation: The inclusion of Bitcoin and Ethereum ETFs shows a willingness to allocate a portion of the portfolio to emerging asset classes.

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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 2025-10-15 | Data source: SEC EDGAR