Milestone Asset Management Discloses $528M Portfolio in 13F Filing
MILESTONE ASSET MANAGEMENT, LLC
Filing Summary
Milestone Asset Management Discloses $528M Portfolio in 13F Filing
Filer: MILESTONE ASSET MANAGEMENT, LLC (CIK: 0001964722) Form: 13F-HR | Filed: 2025-10-15 Significance: Medium
Filing Representative: • Name: Walter J. West • Title: Member & Managing Partner
Portfolio Summary (as of 2025-09-30): • Total Value: $528,597,422 • Number of Holdings: 280
Key Insight: This quarterly filing reveals a diversified portfolio of over half a billion dollars, with significant allocations to broad-market and sector-specific ETFs, alongside major large-cap technology stocks.
Top Holdings Include: • SPDR SERIES TRUST ($34.2M) • FIRST TR EXCHNG TRADED FD VI ($33.6M) • PGIM ETF TR ($25.8M) • ISHARES TR ($25.4M) • VANGUARD INDEX FDS ($20.7M) • INVESCO QQQ TR ($20.4M) • NVIDIA CORPORATION ($14.0M)
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: MILESTONE ASSET MANAGEMENT, LLC
Executive Summary
- Trading Significance: Medium
- Key Takeaway: MILESTONE ASSET MANAGEMENT, LLC has filed its quarterly Form 13F-HR, reporting a total of $528,597,422 in assets under management as of September 30, 2025. The portfolio shows a strong emphasis on diversified ETFs, particularly fixed income and structured products, complemented by core holdings in large-cap technology leaders.
- Market Impact: As a routine disclosure, the immediate market impact is likely neutral. However, the composition provides valuable insight into the firm's strategic allocation, showing a preference for risk-managed, diversified products over concentrated single-stock positions.
Filer Information
| Field | Value |
|---|---|
| Company | MILESTONE ASSET MANAGEMENT, LLC |
| Ticker Symbol | null |
| CIK | 0001964722 |
| Type | Institutional Investment Manager |
Filing Representative Information
| Field | Value |
|---|---|
| Name | Walter J. West |
| CIK | null |
| Title/Position | Member & Managing Partner |
| Relationship | Investment Manager Representative |
Portfolio Summary
| Field | Value |
|---|---|
| Form Type | 13F-HR |
| Report Date | 2025-09-30 |
| Total Market Value | $528,597,422 |
| Number of Securities | 280 |
Portfolio Composition Analysis
Strategy Overview
- Direction: Diversified Growth & Income
- Reasoning: The portfolio's largest holdings are predominantly in ETFs, including treasury, corporate bond, and structured equity products (e.g., buffered ETFs). This indicates a strategy focused on generating income and managing downside risk while maintaining exposure to equity markets. The inclusion of major tech stocks like NVIDIA, Apple, and Microsoft provides a growth component.
Top 10 Holdings by Value
| Issuer | Security | Value (USD) |
|---|---|---|
| SPDR SERIES TRUST | BLOOMBERG INVT | $34,263,967 |
| FIRST TR EXCHNG TRADED FD VI | FT VEST LADDERED | $33,684,085 |
| PGIM ETF TR | PGIM ULTRA SH BD | $25,797,887 |
| ISHARES TR | TRS FLT RT BD | $25,446,409 |
| ETF SER SOLUTIONS | LHA MKT ST TACTL | $24,218,824 |
| TIDAL TRUST I | FUNDSTRAT GRANNY | $20,885,368 |
| VANGUARD INDEX FDS | S&P 500 ETF SHS | $20,718,040 |
| INVESCO QQQ TR | UNIT SER 1 | $20,409,131 |
| NVIDIA CORPORATION | COM | $14,064,393 |
| SPDR S&P 500 ETF TR | TR UNIT | $12,928,183 |
Investment Insights
Key Themes
- Emphasis on ETFs: The largest positions are in various Exchange-Traded Funds, suggesting a top-down, diversified asset allocation approach rather than bottom-up stock picking.
- Risk Management Focus: The prevalence of buffered, laddered, and floating-rate bond ETFs points to a strategy designed to mitigate volatility and interest rate risk.
- Core Tech Holdings: Despite the ETF focus, the firm maintains substantial positions in mega-cap technology stocks like NVIDIA, Apple, Microsoft, and Meta, indicating a bullish long-term outlook on the sector.
Contextual Analysis
Filing Significance
A Form 13F-HR is a mandatory quarterly report filed by institutional investment managers with at least $100 million in equity assets under management. It discloses their long U.S. equity positions at the end of the quarter. This filing provides a snapshot of the firm's portfolio and can be used to identify investment trends among large players.
Portfolio Context
The reported holdings are as of September 30, 2025. Changes in these positions may have occurred between the report date and the filing date. The data does not include short positions, cash, or non-U.S. securities.
Risk Assessment
Risk Level: Medium
Portfolio Risk Factors
- Market Risk: As the portfolio is heavily invested in equities and equity-based ETFs, it is subject to broad market fluctuations.
- Concentration in Financial Products: A significant portion of the assets is in complex ETF products. The performance of these funds is dependent on the efficacy of their underlying strategies (e.g., options collars, laddering).
- Sector Risk: The significant, albeit smaller, holdings in the technology sector expose the portfolio to risks specific to that industry, such as regulatory changes, competition, and rapid technological shifts.
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
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.