Form 13F Platt Wealth Management LLC For: 1 May – Image for illustrative purposes only (Image credits: Unsplash)
San Diego – Institutional investment manager Platt Wealth Management LLC filed its quarterly Form 13F with the U.S. Securities and Exchange Commission on May 1. The report covered the first quarter of 2026, ending March 31, and revealed a portfolio valued at $102.6 million spread across 50 holdings.[1] This marked a slight increase from the previous quarter’s $100.9 million in assets under management. The firm’s disclosures provide a window into its strategy amid shifting market conditions.
Modest Growth Signals Steady Management
The latest filing showed assets climbing by about 1.7% quarter-over-quarter. Holdings count rose from 44 to 50, suggesting broader diversification efforts. Platt Wealth Management, based at 3838 Camino Del Rio North in San Diego, operates as a registered investment adviser with a focus on client portfolios.[2][1]
Such expansions often reflect tactical adjustments to capture opportunities in equities and exchange-traded funds. The firm’s total portfolio value positions it among smaller institutional managers required to report under SEC rules for those exceeding $100 million in qualifying assets.
Top Positions Dominate the Lineup
Core holdings anchored the portfolio, with exchange-traded funds and blue-chip names leading the way. The top spots highlighted a blend of growth-oriented picks and value plays. Investors tracking these reports often scrutinize concentration in the largest positions for clues on conviction levels.
- Capital Group Dividend Value ETF (CGDV): Remained a cornerstone holding.
- Monster Beverage Corp. (MNST): Retained strong positioning.
- Avantis U.S. Small Cap Value ETF (AVUV): Continued emphasis on small-cap value.
- JPMorgan Chase & Co. (JPM): Emerged as a key bank stock in the top tier.[1]
These selections underscore a strategy balancing dividend payers, consumer staples, and financial services exposure. Earlier quarters featured Microsoft Corp. (MSFT) prominently, but it appears to have slipped from the top ranks this time.[1]
Notable Changes from Prior Quarter
Compared to the fourth quarter of 2025 filing in February, Platt made measured moves. The prior report listed 44 holdings worth $100.9 million, with CGDV, MSFT, MNST, and AVUV at the forefront.[1] Six new positions brought the total to 50, potentially including fresh bets on sectors like banking via JPM.
Microsoft’s reduced visibility might indicate profit-taking or reallocation amid tech sector volatility. Overall turnover appeared low, consistent with a buy-and-hold approach favored by many advisers. Such tweaks help manage risk while pursuing long-term gains.
| Metric | Q4 2025 | Q1 2026 | Change |
|---|---|---|---|
| AUM ($M) | 100.9 | 102.6 | +1.7% |
| Holdings Count | 44 | 50 | +6 |
| Top Holding Shift | MSFT prominent | JPM enters top | Diversification |
Context in a Dynamic Market
Form 13F reports offer transparency but arrive with a lag, filed within 45 days of quarter-end. Platt’s updates coincide with broader market rotations, where investors weighed interest rate expectations and economic data. The firm’s ETF-heavy tilt points to efficient exposure to diversified baskets.
As a San Diego outfit, Platt serves regional clients while navigating national trends. Its steady growth reflects confidence in the underlying strategy. Filings like this one draw attention from analysts scanning for smart money flows.
Platt Wealth Management’s Q1 moves suggest fine-tuning rather than overhaul. With assets nudging past $100 million and holdings broadening, the firm positions itself for varied outcomes ahead. Market watchers will await the next disclosure for further signals on its path.