Gunpowder Capital Management, LLC dba Oliver Wealth Management

CIK

2114795

Location

TOWSON, MD

Portfolio Value

Micro $72,482,650

Diversification

Diversified

Filing Date

Global Rank

#6,310 / 8,616 ▲ 99 · as of Mar 2026

Top Industry

Consumer Electronics 25.1%

3Y Alpha vs SPY

-27.7%

Period ended 4 months ago

Filed May 14, 2026 · 2mo

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+0.7%

SPY

+10.4%

Annualised alpha

-25.0%

Max drawdown

−10.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

246 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

18.9%

+2.1 pts

Top 5

53.1%

+2.0 pts

Top 10

71.1%

−0.0 pts

HHI

789

Diversified+53

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	44.0%	$31,896,733	13
Technology	25.2%	$18,294,397	35
Communication Services	6.5%	$4,682,286	15
Financial Services	5.8%	$4,220,364	40
Consumer Defensive	5.5%	$3,969,645	21
Consumer Cyclical	3.2%	$2,305,108	21
Industrials	2.8%	$2,060,543	27
Healthcare	2.5%	$1,799,017	33
Energy	2.4%	$1,752,264	15
Utilities	1.4%	$1,035,918	12
Basic Materials	0.5%	$387,658	5
Real Estate	0.1%	$78,717	9

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

15 positions

Ticker	Company	Δ Shares	Shares	Value
ETHA	iShares Ethereum Trust ETF	+42,543	70,678	$1,118,832
EXC	Exelon Corp	+1,500	3,553	$174,168
TEM	Tempus AI, Inc.	+1,500	6,500	$293,930
CEG	Constellation Energy Corp	+997	1,684	$470,257
BABA	Alibaba Group Holding Ltd	+245	6,295	$789,770
GLD	Spdr Gold Trust	+166	31,827	$13,694,839
DUK	Duke Energy CORP	+160	167	$21,866
UNH	Unitedhealth Group Inc	+73	283	$76,576
QQQ	Invesco Qqq Trust, Series 1	+64	7,222	$4,168,393
ITW	Illinois Tool Works Inc	+51	57	$14,836
LULU	lululemon athletica inc.	+45	323	$49,451
AB	Alliancebernstein Holding L.P.	+18	758	$28,379
MO	Altria Group, Inc.	+8	1,120	$73,908
BAC	Bank Of America Corp /De/	+3	1,983	$96,671
CLX	Clorox Co /De/	+1	59	$6,114
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
JD	JD.com, Inc.	−4,300	1,856	$54,881
ZETA	Zeta Global Holdings Corp.	−2,996	1,103	$17,559
GRAB	Grab Holdings Ltd	−2,500	2,500	$9,150
USB	US Bancorp De	−1,794	3,372	$175,377
VKTX	Viking Therapeutics, Inc.	−1,000	3,680	$119,747
PYPL	PayPal Holdings, Inc.	−1,000	904	$40,887
WMT	Walmart Inc.	−742	25,136	$3,123,902
FAST	Fastenal Co	−560	1,040	$48,256
MLI	Mueller Industries Inc	−559	1,041	$57,671
HIMS	Hims & Hers Health, Inc.	−500	1,958	$40,648
CMCSA	Comcast Corp	−484	708	$20,326
CI	Cigna Group	−472	881	$235,006
UPS	United Parcel Service Inc	−433	7,353	$723,388
AVGO	Broadcom Inc.	−350	5,805	$1,796,705
MSFT	Microsoft Corp	−335	4,405	$1,630,598
VZ	Verizon Communications Inc	−315	848	$42,569
TXN	Texas Instruments Inc	−218	74	$14,366
AAPL	Apple Inc.	−216	40,194	$10,200,835
IAU	Ishares Gold Trust	−200	63,309	$5,581,321
BRK-B	Berkshire Hathaway Inc	−182	2,868	$1,374,345
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−174	451	$152,415
SLV	iShares Silver Trust	−164	22,026	$1,500,851
MRK	Merck & Co., Inc.	−163	412	$49,559
XOM	ExxonMobil Holdings Corp	−140	7,897	$1,339,805
JNJ	Johnson & Johnson	−113	1,089	$266,195
No positions match the current search.

New Positions

Positions the filer opened this quarter

6 positions

Ticker	Company	Shares	Value
WAT	Waters Corp /De/	77	$22,930
BIDU	Baidu, Inc.	165	$18,384
GRRR	Gorilla Technology Group Inc.	1,000	$10,530
ASTS	AST SpaceMobile, Inc.	58	$4,806
IBIT	iShares Bitcoin Trust ETF	100	$3,842
VSNT	Versant Media Group, Inc.	27	$999
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
ZVRA	Zevra Therapeutics, Inc.	5,891	$52,783
NBIS	Nebius Group N.V.	400	$33,482
ADUR	Aduro Clean Technologies Inc.	2,000	$20,720
GPC	Genuine Parts Co	100	$12,296
NRG	Nrg Energy, Inc.	69	$10,987
VST	Vistra Corp.	40	$6,453
PGR	Progressive Corp/Oh/	25	$5,693
LHX	L3harris Technologies, Inc. /De/	19	$5,577
CSCO	Cisco Systems, Inc.	56	$4,313
SMMT	Summit Therapeutics Inc.	200	$3,498
AMGN	Amgen Inc	10	$3,273
PSX	Phillips 66	24	$3,096
CME	Cme Group Inc.	11	$3,003
NOC	Northrop Grumman Corp /De/	5	$2,851
IRM	Iron Mountain Inc	28	$2,322
FDX	Fedex Corp	9	$2,094
BKR	Baker Hughes Co	44	$2,003
SRE	Sempra	22	$1,942
MSA	MSA Safety Inc	12	$1,921
LIN	Linde PLC	4	$1,705
GPK	Graphic Packaging Holding Co	111	$1,671
CB	Chubb Ltd	4	$1,248
AFL	Aflac Inc	11	$1,212
PAYX	Paychex Inc	10	$1,121
GWW	W.W. Grainger, Inc.	1	$1,009
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

246 positions · $72,482,650 total · as of Mar 31, 2026

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

Showing 1–50 of 246 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GLD	Spdr Gold Trust	Added	31,827	+166	$13,694,839	+9.1%	18.89%
AAPL	Apple Inc. Technology	Reduced	40,194	-216	$10,200,835	−7.1%	14.07%
IAU	Ishares Gold Trust	Reduced	63,309	-200	$5,581,321	+8.3%	7.70%
SPY	Spdr S&P 500 ETF Trust	Reduced	7,393	-58	$4,807,963	−5.4%	6.63%
QQQ	Invesco Qqq Trust, Series 1	Added	7,222	+64	$4,168,393	−5.2%	5.75%
META	Meta Platforms, Inc. Communication Services	Reduced	6,468	-2	$3,700,536	−13.4%	5.11%
WMT	Walmart Inc. Consumer Defensive	Reduced	25,136	-742	$3,123,902	+8.4%	4.31%
PLTR	Palantir Technologies Inc. Technology	Held	19,314	0	$2,825,251	−17.7%	3.90%
AVGO	Broadcom Inc. Technology	Reduced	5,805	-350	$1,796,705	−15.7%	2.48%
MSFT	Microsoft Corp Technology	Reduced	4,405	-335	$1,630,598	−28.9%	2.25%
SLV	iShares Silver Trust	Reduced	22,026	-164	$1,500,851	+5.0%	2.07%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	2,868	-182	$1,374,345	−10.4%	1.90%
XOM	ExxonMobil Holdings Corp Energy	Reduced	7,897	-140	$1,339,805	+38.5%	1.85%
NVDA	Nvidia Corp Technology	Held	7,449	0	$1,299,105	−6.5%	1.79%
ETHA	iShares Ethereum Trust ETF	Added	70,678	+42,543	$1,118,832	+77.3%	1.54%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	1,469	0	$906,020	+2.2%	1.25%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Added	6,295	+245	$789,770	−10.9%	1.09%
GOOGL	Alphabet Inc. Communication Services	Held	2,673	0	$768,647	−8.1%	1.06%
UPS	United Parcel Service Inc Industrials	Reduced	7,353	-433	$723,388	−6.3%	1.00%
BX	Blackstone Inc. Financial Services	Held	4,942	0	$568,280	−25.4%	0.78%
V	Visa Inc. Financial Services	Held	1,680	0	$507,763	−13.8%	0.70%
AMZN	Amazon Com Inc Consumer Cyclical	Held	2,301	0	$479,229	−9.8%	0.66%
CEG	Constellation Energy Corp Utilities	Added	1,684	+997	$470,257	+93.8%	0.65%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,118	-104	$367,699	−12.6%	0.51%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	3,342	-50	$361,771	+6.8%	0.50%
TEM	Tempus AI, Inc. Healthcare	Added	6,500	+1,500	$293,930	−0.4%	0.41%
JNJ	Johnson & Johnson Healthcare	Reduced	1,089	-113	$266,195	+7.0%	0.37%
MA	Mastercard Inc Financial Services	Held	513	0	$256,325	−12.5%	0.35%
TSLA	Tesla, Inc. Consumer Cyclical	Held	689	0	$256,135	−17.3%	0.35%
CI	Cigna Group Healthcare	Reduced	881	-472	$235,006	−36.9%	0.32%
GE	General Electric Co Industrials	Held	804	0	$228,151	−7.9%	0.31%
MTZ	Mastec Inc Industrials	Held	600	0	$193,044	+48.0%	0.27%
EXEL	Exelixis, Inc. Healthcare	Held	4,382	0	$187,943	−2.1%	0.26%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	1,215	-28	$175,494	−1.5%	0.24%
USB	US Bancorp De Financial Services	Reduced	3,372	-1,794	$175,377	−36.4%	0.24%
EXC	Exelon Corp Utilities	Added	3,553	+1,500	$174,168	+94.6%	0.24%
GEV	GE Vernova Inc. Industrials	Held	199	0	$173,707	+33.6%	0.24%
CG	Carlyle Group Inc. Financial Services	Held	3,312	0	$160,267	−18.1%	0.22%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	451	-174	$152,415	−19.8%	0.21%
PSLV	Sprott Physical Silver Trust Financial Services	Held	6,056	0	$147,705	+3.1%	0.20%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	1,676	-12	$142,845	+7.1%	0.20%
PDI	PIMCO Dynamic Income Fund Financial Services	Held	8,177	0	$139,908	−3.4%	0.19%
PRU	Prudential Financial Inc Financial Services	Held	1,273	0	$124,359	−13.5%	0.17%
EMR	Emerson Electric Co Industrials	Reduced	948	-8	$124,206	−2.1%	0.17%
VKTX	Viking Therapeutics, Inc. Healthcare	Reduced	3,680	-1,000	$119,747	−27.3%	0.17%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	348	-72	$108,154	−15.7%	0.15%
CVX	Chevron Corp Energy	Reduced	498	-10	$103,036	+33.1%	0.14%
BAC	Bank Of America Corp /De/ Financial Services	Added	1,983	+3	$96,671	−11.2%	0.13%
BDX	Becton Dickinson & Co Healthcare	Held	575	0	$90,407	+3.1%	0.12%
SYK	Stryker Corp Healthcare	Held	269	0	$88,390	−6.5%	0.12%