GDS Wealth Management

Registered adviser

CIK

1940869

Location

FLOWER MOUND, TX

Portfolio Value

Mid $2,101,525,726

Diversification

Diversified

Filing Date

Global Rank

#1,540 / 8,818 ▲ 98

Top Industry

Semiconductors 17.9%

Period ended 4 months ago

Filed Aug 13, 2026 · 3mo

19 quarters · since Dec 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 315934

Roster of Oct 1, 2026

Regulatory AUM

$1,808,894,448

Main clients

Individuals and high net worth (100% of AUM)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$1,808,894,448	Individuals and high net worth (100%)
Jun 2025 to Mar 2026	$1,281,897,626	Individuals and high net worth (100%)
Apr 2025 to May 2025	$1,265,380,694	Individuals and high net worth (100%)
Apr 2024 to Mar 2025	$891,704,184	Individuals and high net worth (100%)
May 2023 to Mar 2024	$643,804,196	Individuals and high net worth (99%)
Apr 2023	$643,804,196	Individuals and high net worth (99%)

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 42.4%, 23.8 effective positions, active share 70.1% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

15.1% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 12.9 quarters (12+)

Closest benchmark: every 13F filer's combined book, active share 70.1%; sector active share 18.7% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

232 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

16.8%

−2.1 pts

Top 5

30.9%

−3.0 pts

Top 10

42.4%

−2.2 pts

HHI

420

Diversified−75

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	31.0%	$651,122,496	37
Unclassified	29.3%	$615,244,471	73
Healthcare	8.4%	$177,122,452	21
Consumer Cyclical	6.8%	$142,899,000	14
Financial Services	6.7%	$140,490,762	23
Industrials	4.9%	$103,630,790	22
Communication Services	4.1%	$85,961,173	7
Consumer Defensive	3.5%	$73,600,791	7
Basic Materials	1.8%	$37,771,969	8
Energy	1.5%	$32,166,380	10
Real Estate	1.2%	$24,652,671	4
Utilities	0.8%	$16,862,771	6

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	+195,038	1,189,126	$129,697,972
PFF	iShares Preferred and Income Securities ETF	+130,678	1,185,745	$36,153,365
CMG	Chipotle Mexican Grill Inc	+121,905	614,882	$20,905,988
—		+117,049	951,292	$71,584,723
FLYW	Flywire Corp	+115,393	1,055,553	$18,546,066
IAGG	iShares Core International Aggregate Bond ETF	+109,576	1,038,310	$52,538,486
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	+104,003	900,339	$74,413,018
FIXD	First Trust Smith Opportunistic Fixed Income ETF	+97,946	783,681	$34,176,328
DXCM	Dexcom Inc	+64,171	285,219	$19,209,499
DEED	First Trust Securitized Plus ETF	+51,415	1,149,150	$24,568,827
LGOV	First Trust Long Duration Opportunities ETF	+50,087	1,136,196	$24,314,594
IDV	iShares International Select Dividend ETF	+32,943	965,473	$39,999,546
SHAK	Shake Shack Inc.	+21,520	143,783	$8,054,723
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	+21,173	468,142	$24,891,110
AVGO	Broadcom Inc.	+20,547	35,382	$13,365,550
EW	Edwards Lifesciences Corp	+18,760	266,372	$24,096,011
PG	PROCTER & GAMBLE Co	+18,572	114,206	$16,747,167
FTNT	Fortinet, Inc.	+17,627	134,965	$20,733,323
CEG	Constellation Energy Corp	+17,599	59,552	$14,790,930
—		+13,898	16,572	$454,238
HPE	Hewlett Packard Enterprise Co	+13,214	1,073,232	$48,413,495
HD	Home Depot, Inc.	+12,997	63,178	$22,281,617
WMT	Walmart Inc.	+12,907	316,035	$35,794,124
HQY	Healthequity, Inc.	+11,484	137,092	$12,382,149
USMV	iShares MSCI USA Min Vol Factor ETF	+11,440	289,589	$27,933,754
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
FTSM	First Trust Enhanced Short Maturity ETF	−499,900	209,884	$12,536,371
TSCO	Tractor Supply Co	−198,809	10,721	$338,890
TW	Tradeweb Markets Inc.	−71,160	7,399	$737,384
ORN	Orion Group Holdings Inc	−48,616	37,278	$627,015
MU	Micron Technology Inc	−44,825	77,256	$89,175,828
GWRE	Guidewire Software, Inc.	−39,535	6,807	$837,601
MSI	Motorola Solutions, Inc.	−28,516	1,810	$751,674
IUSV	iShares Core S&P U.S. Value ETF	−15,200	212,872	$23,447,850
DECK	Deckers Outdoor Corp	−8,336	10,074	$1,000,247
ICE	Intercontinental Exchange, Inc.	−6,680	41,444	$5,102,170
HAL	Halliburton Co	−4,484	74,485	$2,528,765
VTC	VANGUARD TOTAL CORPORATE BOND ETF	−1,937	16,672	$1,280,409
QQH	HCM Defender 100 Index ETF	−1,746	2,563	$219,392
SYF	Synchrony Financial	−1,273	26,778	$2,036,466
BUFR	FT Vest Laddered Buffer ETF	−1,001	7,174	$262,066
TLT	iShares 20+ Year Treasury Bond ETF	−836	12,140	$1,049,138
XOM	ExxonMobil Holdings Corp	−794	41,316	$5,648,723
VCSH	VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND	−578	8,915	$704,552
VTEB	VANGUARD TAX-EXEMPT BOND INDEX FUND	−466	6,198	$313,494
ETN	Eaton Corp plc	−341	3,466	$1,476,931
MA	Mastercard Inc	−277	898	$461,212
PAYC	Paycom Software, Inc.	−223	2,326	$292,331
FDLO	Fidelity Low Volatility Factor ETF	−209	3,297	$225,300
UNH	Unitedhealth Group Inc	−172	1,034	$429,761
IUSG	iShares Core S&P U.S. Growth ETF	−172	5,041	$948,161
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
NEM	NEWMONT Corp	162,075	$15,137,805
PH	Parker-Hannifin Corp	10,586	$10,354,378
ISRG	Intuitive Surgical Inc	23,829	$9,476,316
ULTA	Ulta Beauty, Inc.	19,515	$8,800,874
PODD	Insulet Corp	53,118	$8,087,215
HUBS	Hubspot Inc	37,445	$6,834,086
JLL	Jones Lang Lasalle Inc	17,453	$5,409,557
CDE	Coeur Mining, Inc.	288,712	$4,711,779
PANW	Palo Alto Networks Inc	5,403	$1,842,531
CAT	Caterpillar Inc	894	$952,020
DELL	Dell Technologies Inc.	1,662	$717,086
VIG	Vanguard Specialized Funds	2,709	$641,003
SCHD	Schwab U.S. Dividend Equity ETF	18,088	$573,570
GS	Goldman Sachs Group Inc	485	$490,514
AZN	Astrazeneca PLC	2,205	$418,112
TXN	Texas Instruments Inc	1,325	$394,942
MS	Morgan Stanley	1,821	$380,661
SCHG	Schwab U.S. Large-Cap Growth ETF	9,965	$337,215
OKTA	Okta, Inc.	2,365	$322,704
PFE	Pfizer Inc	13,368	$321,901
C	Citigroup Inc	2,233	$312,530
INTC	Intel Corp	2,219	$309,838
UPRO	ProShares UltraPro S&P500	2,156	$305,699
GE	General Electric Co	769	$287,398
JEPI	JPMorgan Equity Premium Income ETF	5,069	$286,297
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
BSX	Boston Scientific Corp	135,991	$8,533,435
LGH	HCM Defender 500 Index ETF	6,996	$398,485
RH	Rh	2,700	$377,514
EL	Estee Lauder Companies Inc	3,376	$242,295
SGOL	abrdn Gold ETF Trust	5,000	$223,100
ROL	Rollins Inc	4,022	$214,815
WEN	Wendy's Co	29,767	$206,880
MDT	Medtronic plc	2,374	$205,707
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

232 tracked positions · $2,101,525,726 total · filing declares 232 positions · $2,101,725,430 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 232 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Added	1,189,126	+195,038	$129,697,972	+19.7%	19	before history	6.17%
MU	Micron Technology Inc Technology	Reduced	77,256	-44,825	$89,175,828	+116.2%	7	$96.39	4.24%
VCIT	VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND	Added	900,339	+104,003	$74,413,018	+12.9%	13	$81.57	3.54%
		Added	951,292	+117,049	$71,584,723	+14.8%	10	$76.63	3.41%
AMD	Advanced Micro Devices Inc Technology	Added	96,203	+2,269	$55,885,284	+192.5%	11	$140.21	2.66%
IAGG	iShares Core International Aggregate Bond ETF	Added	1,038,310	+109,576	$52,538,486	+13.0%	19	before history	2.50%
LRCX	Lam Research Corp Technology	Reduced	116,110	-140	$50,313,946	+102.6%	8	unpriced	2.39%
HPE	Hewlett Packard Enterprise Co Technology	Added	1,073,232	+13,214	$48,413,495	+91.8%	8	$19.61	2.30%
GOOGL	Alphabet Inc. Communication Services	Added	127,849	+3,763	$45,689,397	+28.0%	19	before history	2.17%
IDV	iShares International Select Dividend ETF	Added	965,473	+32,943	$39,999,546	+0.8%	15	unpriced	1.90%
AAPL	Apple Inc. Technology	Added	134,781	+7,242	$39,000,230	+20.5%	19	before history	1.86%
PFF	iShares Preferred and Income Securities ETF	Added	1,185,745	+130,678	$36,153,365	+13.0%	15	unpriced	1.72%
WMT	Walmart Inc. Consumer Defensive	Added	316,035	+12,907	$35,794,124	−5.0%	19	before history	1.70%
AMZN	Amazon Com Inc Consumer Cyclical	Added	148,907	+9,185	$35,490,494	+22.0%	19	before history	1.69%
FIXD	First Trust Smith Opportunistic Fixed Income ETF	Added	783,681	+97,946	$34,176,328	+14.3%	19	before history	1.63%
NVDA	Nvidia Corp Technology	Added	166,805	+11,188	$33,376,012	+23.0%	11	unpriced	1.59%
JPM	Jpmorgan Chase & Co Financial Services	Added	95,954	+5,078	$31,408,622	+17.5%	19	before history	1.49%
GEV	GE Vernova Inc. Industrials	Added	26,682	+1,513	$31,347,614	+42.7%	5	$495.61	1.49%
TT	Trane Technologies plc Industrials	Added	62,167	+3,262	$30,533,943	+24.4%	19	before history	1.45%
SNPS	Synopsys Inc Technology	Added	66,287	+3,042	$29,568,642	+17.9%	5	$485.82	1.41%
CDNS	Cadence Design Systems Inc Technology	Added	77,576	+4,605	$29,115,824	+43.6%	5	$303.00	1.39%
AMAT	Applied Materials Inc Technology	Added	39,014	+5,250	$28,207,122	+144.4%	2	$353.20	1.34%
MSFT	Microsoft Corp Technology	Added	75,068	+9,807	$28,001,865	+15.9%	19	before history	1.33%
USMV	iShares MSCI USA Min Vol Factor ETF	Added	289,589	+11,440	$27,933,754	+8.3%	19	before history	1.33%
MPWR	Monolithic Power Systems, Inc. Technology	Added	20,094	+842	$27,777,141	+32.0%	8	$746.13	1.32%
APH	Amphenol Corp Technology	Added	155,244	+10,706	$27,372,622	+49.9%	6	$84.08	1.30%
ALL	Allstate Corp Financial Services	Added	112,215	+7,192	$26,700,437	+22.6%	19	before history	1.27%
AXP	American Express Co Financial Services	Added	77,226	+5,603	$26,121,694	+20.6%	19	before history	1.24%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	33,043	+3,171	$25,216,435	+116.2%	8	$391.69	1.20%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	Added	468,142	+21,173	$24,891,110	+4.6%	19	before history	1.18%
DEED	First Trust Securitized Plus ETF	Added	1,149,150	+51,415	$24,568,827	+4.9%	14	unpriced	1.17%
NXPI	NXP Semiconductors N.V. Technology	Added	86,688	+5,394	$24,361,928	+52.2%	19	before history	1.16%
LGOV	First Trust Long Duration Opportunities ETF	Added	1,136,196	+50,087	$24,314,594	+3.8%	14	$21.72	1.16%
EW	Edwards Lifesciences Corp Healthcare	Added	266,372	+18,760	$24,096,011	+21.5%	19	before history	1.15%
TJX	Tjx Companies Inc Consumer Cyclical	Added	158,703	+9,244	$24,043,504	+0.7%	19	before history	1.14%
IUSV	iShares Core S&P U.S. Value ETF	Reduced	212,872	-15,200	$23,447,850	+0.5%	19	before history	1.12%
CRM	Salesforce, Inc. Technology	Added	145,671	+8,982	$22,820,818	−10.6%	19	before history	1.09%
NTRA	Natera, Inc. Healthcare	Added	82,558	+3,754	$22,410,369	+42.2%	8	$162.89	1.07%
HD	Home Depot, Inc. Consumer Cyclical	Added	63,178	+12,997	$22,281,617	+35.0%	19	before history	1.06%
IR	Ingersoll Rand Inc. Industrials	Added	262,112	+11,111	$21,490,562	+6.9%	19	before history	1.02%
ADI	Analog Devices Inc Technology	Added	53,985	+4,481	$21,441,222	+36.1%	8	$242.28	1.02%
V	Visa Inc. Financial Services	Added	62,201	+5,379	$21,340,541	+24.3%	19	before history	1.02%
FANG	Diamondback Energy, Inc. Energy	Added	119,259	+7,633	$20,963,347	−5.1%	11	$160.87	1.00%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Added	614,882	+121,905	$20,905,988	+32.5%	8	$41.28	0.99%
FTNT	Fortinet, Inc. Technology	Added	134,965	+17,627	$20,733,323	+116.2%	8	$95.24	0.99%
IQV	Iqvia Holdings Inc. Healthcare	Added	106,387	+7,999	$20,556,096	+22.5%	19	before history	0.98%
META	Meta Platforms, Inc. Communication Services	Added	35,379	+3,271	$19,928,636	+8.5%	14	$407.38	0.95%
LLY	ELI LILLY & Co Healthcare	Added	16,551	+8,944	$19,851,767	+183.7%	6	$1,011.89	0.94%
DXCM	Dexcom Inc Healthcare	Added	285,219	+64,171	$19,209,499	+38.4%	10	$85.08	0.91%
COST	Costco Wholesale Corp Consumer Defensive	Added	20,419	+5,799	$19,101,361	+31.1%	12	$954.10	0.91%

Showing the top 50 of 232 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.