49 WEALTH MANAGEMENT, LLC

Filed: 4/30/2025ACC: 0001104659-25-041965

📋 What this filing means

49 WEALTH MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 189 equity positions with a total reported market value of $829.91M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

189

Positions

$829.91M

Total AUM (reported)

17.03M

Total Shares

Allocation by class

OPAL DIVD INCM E$89.18M10.7%

PORTFOLIO S&P500$84.60M10.2%

CORE MSCI EAFE$76.97M9.3%

OPAL INTL INCOME$63.91M7.7%

COM$50.12M6.0%

VALUE ETF$41.35M5.0%

1-3 MONTH T-BILL$40.33M4.9%

Portfolio Concentration

Top 3$250.75M30.2%

4–10$269.58M32.5%

11–25$182.76M22.0%

Rest$126.82M15.3%

Top 3 weight

30.2%

Top 10 weight

62.7%

Voting Authority Distribution

Total shares with voting rights: 17.03M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

17.03M

% of voting shares100.0%

Investment Discretion (by position count)

Sole189

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings189

Rows:

OPAL DIVIDEND INCOME ETF

SOLE

OPAL DIVD INCM E

Shares2.62M

TypeSH

Market value$89.18M

10.75%

Sole

0.00

Shared

0.00

None

2.62M

SPDR PORTFOLIO S&P 500 ETF

SOLE

PORTFOLIO S&P500

Shares1.29M

TypeSH

Market value$84.60M

10.19%

Sole

0.00

Shared

0.00

None

1.29M

ISHARES CORE MSCI EAFE ETF

SOLE

CORE MSCI EAFE

Shares1.02M

TypeSH

Market value$76.97M

9.27%

Sole

0.00

Shared

0.00

None

1.02M

THE OPAL INTERNATIONAL DIV IN ETF

SOLE

OPAL INTL INCOME

Shares2.33M

TypeSH

Market value$63.91M

7.70%

Sole

0.00

Shared

0.00

None

2.33M

VANGUARD VALUE ETF

SOLE

VALUE ETF

Shares239.40K

TypeSH

Market value$41.35M

4.98%

Sole

0.00

Shared

0.00

None

239.40K

GLOBAL X 1-3 MONTH T-BILL ETF

SOLE

1-3 MONTH T-BILL

Shares401.50K

TypeSH

Market value$40.33M

4.86%

Sole

0.00

Shared

0.00

None

401.50K

ISHARES MSCI USA QLTY FACT ETF

SOLE

MSCI USA QLT FCT

Shares202.70K

TypeSH

Market value$34.64M

4.17%

Sole

0.00

Shared

0.00

None

202.70K

JANUS HENDERSON AAA CLO ETF

SOLE

HENDRSON AAA CL

Shares632.44K

TypeSH

Market value$32.07M

3.86%

Sole

0.00

Shared

0.00

None

632.44K

ISHARES CORE MSCI EMERGING ETF

SOLE

CORE MSCI EMKT

Shares537.42K

TypeSH

Market value$29.00M

3.49%

Sole

0.00

Shared

0.00

None

537.42K

TRUESHARES QUARTERLY BEAR HG ETF

SOLE

TRUESHARES QUART

Shares1.14M

TypeSH

Market value$28.28M

3.41%

Sole

0.00

Shared

0.00

None

1.14M

VANGUARD FTSE DEVELOPED MARKETS ETF

SOLE

FTSE DEV MKT ETF

Shares421.96K

TypeSH

Market value$21.45M

2.58%

Sole

0.00

Shared

0.00

None

421.96K

INVSC BULLETSHARES 2027 CRP BND ETF

SOLE

BULSHS 2027 CB

Shares1.07M

TypeSH

Market value$20.91M

2.52%

Sole

0.00

Shared

0.00

None

1.07M

VAG LONG-TERM TREASURY ETF

SOLE

LONG TERM TREAS

Shares312.91K

TypeSH

Market value$18.03M

2.17%

Sole

0.00

Shared

0.00

None

312.91K

ISHARES CORE S&P MID CAP ETF

SOLE

CORE S&P MCP ETF

Shares271.50K

TypeSH

Market value$15.84M

1.91%

Sole

0.00

Shared

0.00

None

271.50K

US TREASURY 6 MONTH BILL ETF

SOLE

US TRSRY 6 MNTH

Shares279.39K

TypeSH

Market value$14.02M

1.69%

Sole

0.00

Shared

0.00

None

279.39K

US TREASURY 12 MONTH BILL ETF

SOLE

US TREASRY 12 MT

Shares278.93K

TypeSH

Market value$14.00M

1.69%

Sole

0.00

Shared

0.00

None

278.93K

US TREASURY 3 MONTH BILL ETF

SOLE

US TREAS 3 MNTH

Shares267.18K

TypeSH

Market value$13.36M

1.61%

Sole

0.00

Shared

0.00

None

267.18K

SPDR S&P 500 ETF

SOLE

TR UNIT

Shares19.67K

TypeSH

Market value$11.00M

1.33%

Sole

0.00

Shared

0.00

None

19.67K

INVSC BULLETSHARS 2026 CORP BND ETF

SOLE

BULSHS 2026 CB

Shares543.85K

TypeSH

Market value$10.59M

1.28%

Sole

0.00

Shared

0.00

None

543.85K

JPMORGAN EQUITY PREMIUM INCOME ETF

SOLE

EQUITY PREMIUM

Shares135.36K

TypeSH

Market value$7.73M

0.93%

Sole

0.00

Shared

0.00

None

135.36K

SPDR BLOOMBERG 1 3 MNTH T BLL ETF

SOLE

BLOOMBERG 1-3 MO

Shares83.86K

TypeSH

Market value$7.69M

0.93%

Sole

0.00

Shared

0.00

None

83.86K

PIMCO ENHANCED SHRT MATURTY ACTV ETF

SOLE

ENHAN SHRT MA AC

Shares72.52K

TypeSH

Market value$7.30M

0.88%

Sole

0.00

Shared

0.00

None

72.52K

ISHARES IBONDS TERM TREASURY ETF IV

SOLE

IBONDS 25 TRM TS

Shares304.87K

TypeSH

Market value$7.12M

0.86%

Sole

0.00

Shared

0.00

None

304.87K

SPDR BLMRG SHR TR HG YLD BD ETF

SOLE

BLOOMBERG SRT TR

Shares274.76K

TypeSH

Market value$6.91M

0.83%

Sole

0.00

Shared

0.00

None

274.76K

US TREASURY 2 YEAR NOTE ETF

SOLE

US TREASY 2 YR

Shares140.18K

TypeSH

Market value$6.79M

0.82%

Sole

0.00

Shared

0.00

None

140.18K

Issuer	Class	Shares	Type	Value / Portfolio %	None
OPAL DIVIDEND INCOME ETFSOLE	OPAL DIVD INCM E	2.62M	SH	$89.18M 10.75%	2.62M
SPDR PORTFOLIO S&P 500 ETFSOLE	PORTFOLIO S&P500	1.29M	SH	$84.60M 10.19%	1.29M
ISHARES CORE MSCI EAFE ETFSOLE	CORE MSCI EAFE	1.02M	SH	$76.97M 9.27%	1.02M
THE OPAL INTERNATIONAL DIV IN ETFSOLE	OPAL INTL INCOME	2.33M	SH	$63.91M 7.70%	2.33M
VANGUARD VALUE ETFSOLE	VALUE ETF	239.40K	SH	$41.35M 4.98%	239.40K
GLOBAL X 1-3 MONTH T-BILL ETFSOLE	1-3 MONTH T-BILL	401.50K	SH	$40.33M 4.86%	401.50K
ISHARES MSCI USA QLTY FACT ETFSOLE	MSCI USA QLT FCT	202.70K	SH	$34.64M 4.17%	202.70K
JANUS HENDERSON AAA CLO ETFSOLE	HENDRSON AAA CL	632.44K	SH	$32.07M 3.86%	632.44K
ISHARES CORE MSCI EMERGING ETFSOLE	CORE MSCI EMKT	537.42K	SH	$29.00M 3.49%	537.42K
TRUESHARES QUARTERLY BEAR HG ETFSOLE	TRUESHARES QUART	1.14M	SH	$28.28M 3.41%	1.14M
VANGUARD FTSE DEVELOPED MARKETS ETFSOLE	FTSE DEV MKT ETF	421.96K	SH	$21.45M 2.58%	421.96K
INVSC BULLETSHARES 2027 CRP BND ETFSOLE	BULSHS 2027 CB	1.07M	SH	$20.91M 2.52%	1.07M
VAG LONG-TERM TREASURY ETFSOLE	LONG TERM TREAS	312.91K	SH	$18.03M 2.17%	312.91K
ISHARES CORE S&P MID CAP ETFSOLE	CORE S&P MCP ETF	271.50K	SH	$15.84M 1.91%	271.50K
US TREASURY 6 MONTH BILL ETFSOLE	US TRSRY 6 MNTH	279.39K	SH	$14.02M 1.69%	279.39K
US TREASURY 12 MONTH BILL ETFSOLE	US TREASRY 12 MT	278.93K	SH	$14.00M 1.69%	278.93K
US TREASURY 3 MONTH BILL ETFSOLE	US TREAS 3 MNTH	267.18K	SH	$13.36M 1.61%	267.18K
SPDR S&P 500 ETFSOLE	TR UNIT	19.67K	SH	$11.00M 1.33%	19.67K
INVSC BULLETSHARS 2026 CORP BND ETFSOLE	BULSHS 2026 CB	543.85K	SH	$10.59M 1.28%	543.85K
JPMORGAN EQUITY PREMIUM INCOME ETFSOLE	EQUITY PREMIUM	135.36K	SH	$7.73M 0.93%	135.36K
SPDR BLOOMBERG 1 3 MNTH T BLL ETFSOLE	BLOOMBERG 1-3 MO	83.86K	SH	$7.69M 0.93%	83.86K
PIMCO ENHANCED SHRT MATURTY ACTV ETFSOLE	ENHAN SHRT MA AC	72.52K	SH	$7.30M 0.88%	72.52K
ISHARES IBONDS TERM TREASURY ETF IVSOLE	IBONDS 25 TRM TS	304.87K	SH	$7.12M 0.86%	304.87K
SPDR BLMRG SHR TR HG YLD BD ETFSOLE	BLOOMBERG SRT TR	274.76K	SH	$6.91M 0.83%	274.76K
US TREASURY 2 YEAR NOTE ETFSOLE	US TREASY 2 YR	140.18K	SH	$6.79M 0.82%	140.18K

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