NRI Wealth Management LC

SANTA CLARA, CA

$196m in 31 US stocks at the end of 31 December 2025. The top 10 are 76.6% of the money. It changed about 4.0% of the portfolio this quarter.

Value

$196m

Stocks

Top 10 share

76.6%

Turnover

4.0%

What changed this quarter

New

Bought for the first time this quarter.

Select Sector Spdr TRXLK
0.1% of the fund

Added

Bought more of a stock they already held.

MicrosoftMSFT
2.8% of the fund
+2%
Vaneck ETF TrustSMH
2.7% of the fund
+7%
Meta PlatformsMETA
2.6% of the fund
+3%
Taiwan Semiconductor ManufacturingTSM
2.4% of the fund
+3%
Tidal Trust IICHAT
2.3% of the fund
+6%
Spdr Gold TRGLD
1.2% of the fund
+4%

Cut

Sold some of their stake.

Ishares TRIVV
9.8% of the fund
-2%
Reviva Pharmaceuticals Holdings
<0.1% of the fund
-8%

Sold out

Sold their entire stake.

Vanguard World FDVFH
-100%
MastercardMA
-100%

Holdings

Invesco QQQ TRQQQ
Share
17.4%
Value
$34m
Shares
55,622
Held
Invesco Exch Traded FD TR IISPMO
Share
10.1%
Value
$20m
Shares
166,619
Held
Ishares TRIVV
Share
9.8%
Value
$19m
Shares
28,128
-2%
NvidiaNVDA
Share
9.6%
Value
$19m
Shares
101,161
Held
Vanguard World FDVGT
Share
9.3%
Value
$18m
Shares
24,255
Held
AppleAAPL
Share
5.0%
Value
$10m
Shares
35,759
Held
AlphabetGOOG
Share
4.2%
Value
$8m
Shares
25,932
Held
Lam ResearchLRCX
Share
3.8%
Value
$8m
Shares
43,911
Held
Micron TechnologyMU
Share
3.8%
Value
$8m
Shares
26,285
Held
Amazon.comAMZN
Share
3.5%
Value
$7m
Shares
29,441
Held
MicrosoftMSFT
Share
2.8%
Value
$6m
Shares
11,464
+2%
Vanguard Index FDSVTI
Share
2.8%
Value
$6m
Shares
16,530
Held
Vaneck ETF TrustSMH
Share
2.7%
Value
$5m
Shares
14,903
+7%
Meta PlatformsMETA
Share
2.6%
Value
$5m
Shares
7,619
+3%
Berkshire HathawayBRK-B
Share
2.5%
Value
$5m
Shares
9,792
Held
Taiwan Semiconductor ManufacturingTSM
Share
2.4%
Value
$5m
Shares
15,511
+3%
Tidal Trust IICHAT
Share
2.3%
Value
$5m
Shares
76,826
+6%
NetflixNFLX
Share
1.3%
Value
$3m
Shares
27,583
Held
Spdr Gold TRGLD
Share
1.2%
Value
$2m
Shares
5,987
+4%
Direxion Shares ETF TrustSOXL
Share
0.9%
Value
$2m
Shares
39,745
Held
Vanguard Index FDSVOO
Share
0.4%
Value
$697,529
Shares
1,112
Held
TeslaTSLA
Share
0.4%
Value
$690,320
Shares
1,535
Held
AlphabetGOOGL
Share
0.2%
Value
$388,076
Shares
1,240
Held
Vanguard Admiral FDSVOOG
Share
0.2%
Value
$377,022
Shares
848
Held
Proshares TRTQQQ
Share
0.2%
Value
$320,643
Shares
6,082
Held
State STR Spdr S&P 500 ETF TSPY
Share
0.1%
Value
$289,134
Shares
424
Held
BroadcomAVGO
Share
0.1%
Value
$272,381
Shares
787
Held
Vanguard Index FDSVTV
Share
0.1%
Value
$224,604
Shares
1,176
Held
Select Sector Spdr TRXLK
Share
0.1%
Value
$200,694
Shares
1,394
New
CryoportCYRX
Share
<0.1%
Value
$183,658
Shares
19,131
Held
Reviva Pharmaceuticals Holdings
Share
<0.1%
Value
$3,175
Shares
11,380
-8%

Company	Share of fund	Value	Shares	Change
Invesco QQQ TRQQQ	17.4%	$34m	55,622	Held
Invesco Exch Traded FD TR IISPMO	10.1%	$20m	166,619	Held
Ishares TRIVV	9.8%	$19m	28,128	-2%
NvidiaNVDA	9.6%	$19m	101,161	Held
Vanguard World FDVGT	9.3%	$18m	24,255	Held
AppleAAPL	5.0%	$10m	35,759	Held
AlphabetGOOG	4.2%	$8m	25,932	Held
Lam ResearchLRCX	3.8%	$8m	43,911	Held
Micron TechnologyMU	3.8%	$8m	26,285	Held
Amazon.comAMZN	3.5%	$7m	29,441	Held
MicrosoftMSFT	2.8%	$6m	11,464	+2%
Vanguard Index FDSVTI	2.8%	$6m	16,530	Held
Vaneck ETF TrustSMH	2.7%	$5m	14,903	+7%
Meta PlatformsMETA	2.6%	$5m	7,619	+3%
Berkshire HathawayBRK-B	2.5%	$5m	9,792	Held
Taiwan Semiconductor ManufacturingTSM	2.4%	$5m	15,511	+3%
Tidal Trust IICHAT	2.3%	$5m	76,826	+6%
NetflixNFLX	1.3%	$3m	27,583	Held
Spdr Gold TRGLD	1.2%	$2m	5,987	+4%
Direxion Shares ETF TrustSOXL	0.9%	$2m	39,745	Held
Vanguard Index FDSVOO	0.4%	$697,529	1,112	Held
TeslaTSLA	0.4%	$690,320	1,535	Held
AlphabetGOOGL	0.2%	$388,076	1,240	Held
Vanguard Admiral FDSVOOG	0.2%	$377,022	848	Held
Proshares TRTQQQ	0.2%	$320,643	6,082	Held
State STR Spdr S&P 500 ETF TSPY	0.1%	$289,134	424	Held
BroadcomAVGO	0.1%	$272,381	787	Held
Vanguard Index FDSVTV	0.1%	$224,604	1,176	Held
Select Sector Spdr TRXLK	0.1%	$200,694	1,394	New
CryoportCYRX	<0.1%	$183,658	19,131	Held
Reviva Pharmaceuticals Holdings	<0.1%	$3,175	11,380	-8%

Over time and by industry

Value over time

Jun '25

Dec '25

Value is up 18.2% since 30 June 2025.

Where the money is

Technology27.6%

Media & telecom8.2%

Retail & consumer3.8%

Financial services2.5%

Health care0.1%

Other57.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.