Latest Providence Wealth Advisors, LLC Stock Portfolio

Providence Wealth Advisors, LLC Performance:

2024 Q3: 3.16%YTD: -7.72%2023: 22.47%

Performance for 2024 Q3 is 3.16%, and YTD is -7.72%, and 2023 is 22.47%.

About Providence Wealth Advisors, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Providence Wealth Advisors, LLC reported an equity portfolio of $135.2 Millions as of 30 Sep, 2024.

The top stock holdings of Providence Wealth Advisors, LLC are LLY, AAPL, MSFT. The fund has invested 8.5% of it's portfolio in ELI LILLY AND CO and 7.8% of portfolio in APPLE INC.

The fund managers got completely rid off NVIDIA CORP (NVDA), APPLIED MATERIALS (AMAT) and FORD MOTOR CO (F) stocks. They significantly reduced their stock positions in MCDONALDS CORP (MCD), BOEING CO (BA) and INTEL CORP (INTC). Providence Wealth Advisors, LLC opened new stock positions in ALTRIA GROUP INC (MO), ENTERGY CORP NEW (ETR) and META PLATFORMS INC CLASS A (META). The fund showed a lot of confidence in some stocks as they added substantially to SUPER MICRO COMPUTER INC (SMCI), NVIDIA CORP (NEE) and SERES THERAPEUTICS INC (MCRB).

Providence Wealth Advisors, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that Providence Wealth Advisors, LLC made a return of 3.16% in the last quarter. In trailing 12 months, it's portfolio return was 7.85%.

New Buys

Ticker	$ Bought
altria group inc	421,259
entergy corp new	271,737
meta platforms inc class a	261,934
lockheed martin corp	228,199
visa inc class a	224,013
phillips edison & co inc	200,682
coherus biosciences inc	8,310
health discovery corp	13.00

New stocks bought by Providence Wealth Advisors, LLC

Additions

Ticker	% Inc.
super micro computer inc	900
nvidia corp	111
seres therapeutics inc	29.18
mastercard inc class a	4.07
qualcomm inc	3.32
wells fargo & co	3.07
gilead sciences inc	3.01
merck & co. inc.	2.86

Additions to existing portfolio by Providence Wealth Advisors, LLC

Reductions

Ticker	% Reduced
mcdonalds corp	-16.62
boeing co	-11.01
intel corp	-9.94
disney walt co	-4.24
wec energy group inc	-4.15
goldman sachs group inc	-3.68
abbvie inc	-2.61
cisco sys inc	-2.3

Providence Wealth Advisors, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
nvidia corp	-2,570,240
cel sci corp	-16,408
ford motor co	-174,667
applied materials	-223,250
knightscope inc class a	-5,371

Providence Wealth Advisors, LLC got rid off the above stocks

Sector Distribution

Providence Wealth Advisors, LLC has about 23.8% of it's holdings in Technology sector.

Sector	%
Technology	23.8
Healthcare	17.5
Industrials	12.2
Financial Services	12.2
Consumer Defensive	8
Utilities	6.6
Consumer Cyclical	6.6
Communication Services	4.8
Energy	3.8
Others	2.5
Basic Materials	2

Market Cap. Distribution

Providence Wealth Advisors, LLC has about 94.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	53
LARGE-CAP	41.6
MID-CAP	2.7
UNALLOCATED	2.5

Stocks belong to which Index?

About 95.8% of the stocks held by Providence Wealth Advisors, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	92.7
Others	4.2
RUSSELL 2000	3.1

Top 5 Winners (%)		%
ALDX	aldeyra therapeutics inc	69.0 %
IBM	ibm corp	33.6 %
CEG	constellation energy cor	30.1 %
NEE	nvidia corp	26.8 %
WEC	wec energy group inc	26.3 %

Top 5 Winners ($)		$
NEE	nvidia corp	0.9 M
AAPL	apple inc	0.9 M
CAT	caterpillar inc	0.7 M
IBM	ibm corp	0.7 M
WMT	walmart inc	0.6 M

Top 5 Losers (%)		%
SMCI	super micro computer inc	-93.3 %
INTC	intel corp	-28.0 %
CHRS	coherus biosciences inc	-23.0 %
MRK	merck & co. inc.	-16.7 %
BA	boeing co	-15.1 %

Top 5 Losers ($)		$
SMCI	super micro computer inc	-4.4 M
MSFT	microsoft corp	-0.5 M
QCOM	qualcomm inc	-0.2 M
MRK	merck & co. inc.	-0.2 M
VLO	valero energy corp new	-0.2 M

Providence Wealth Advisors, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Providence Wealth Advisors, LLC

Providence Wealth Advisors, LLC has 82 stocks in it's portfolio. About 45.4% of the portfolio is in top 10 stocks. SMCI proved to be the most loss making stock for the portfolio. NEE was the most profitable stock for Providence Wealth Advisors, LLC last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	7.78	44,883	10,514,900	reduced	-0.25

ABBV	abbvie inc	1.81	13,005	2,444,960	reduced	-2.61

ABT	abbott labs	0.27	3,106	360,451	unchanged	0.00

ACN	accenture plc ireland fclass a	0.38	1,375	508,516	unchanged	0.00

ADBE	adobe inc	0.22	612	298,472	unchanged	0.00

ADP	automatic data processin	0.29	1,340	388,707	unchanged	0.00

ALDX	aldeyra therapeutics inc	0.10	25,000	142,000	unchanged	0.00

ALL	allstate corp	2.04	14,340	2,758,590	added	0.87

AMAT	applied materials	0.00	0.00	0.00	sold off	-100

AMGN	amgen inc	1.29	5,521	1,744,970	added	2.03

AMZN	amazon.com inc	2.26	16,278	3,050,820	added	2.32

AVGO	broadcom inc	2.90	22,060	3,926,770	added	1.05

BA	boeing co	0.20	1,705	263,781	reduced	-11.01

BMY	bristol myers squibb co	1.20	30,817	1,625,460	added	2.54

CAT	caterpillar inc	3.36	11,705	4,544,960	added	1.02

CEG	constellation energy cor	1.59	8,101	2,148,710	unchanged	0.00

CHRS	coherus biosciences inc	0.01	10,000	8,310	new

CION	cion invt corp	0.10	11,146	133,195	unchanged	0.00

CMCSA	comcast corp new class a	0.19	6,136	254,933	unchanged	0.00

COST	costco whsl corp new	0.84	1,260	1,134,640	reduced	-1.87