INVICTUS PRIVATE WEALTH, LLC

RIA/Wealth

INVICTUS PRIVATE WEALTH, LLC is a RIA/Wealth based in Palm Beach Gardens, FL led by Michael Scott Caplan, managing $1.6B across 81 long positions as of Q3 2025 with 73% ETF concentration and 73% concentrated in top 10 holdings.

Managing PartnerMichael Scott Caplan

Portfolio Value: $1.6B
Positions: 81
Top Holding: VOO at 14.76%
Last Reported: Q3 2025

Address4822 Northlake Blvd, Suite A, Palm Beach Gardens, FL, 33418, United States

Top Holdings

Largest long holdings in INVICTUS PRIVATE WEALTH, LLC's portfolio (72.9% of total portfolio)

See all holdings

GthenH

Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Vanguard S&P 500 ETF VOO	ETF ETF	$235.8M	14.76%	+$6.5M Bought	— 385.0K shares	Q4 2022 Held for 2y 11m
2 Invesco QQQ Trust QQQ	ETF ETF	$213.8M	13.39%	+$2.6M Bought	— 356.1K shares	Q4 2022 Held for 2y 11m
3 Vanguard Growth VUG	ETF ETF	$198.3M	12.42%	+$2.3M Bought	— 413.5K shares	Q4 2022 Held for 2y 11m
4 Vanguard Mid-Cap Fund VO	ETF ETF	$120.1M	7.52%	+$3.0M Bought	— 408.9K shares	Q4 2022 Held for 2y 11m
5 Vanguard Value VTV	ETF ETF	$102.6M	6.42%	+$2.4M Bought	— 549.9K shares	Q4 2022 Held for 2y 11m
6 Vanguard Small-Cap ETF VB	ETF ETF	$91.5M	5.73%	+$2.8M Bought	— 359.8K shares	Q4 2022 Held for 2y 11m
7 Vanguard FTSE Emerging Markets VWO	ETF ETF	$56.5M	3.54%	+$3.2M Bought	— 1.0M shares	Q4 2022 Held for 2y 11m
8 Costco Wholesale COST	Discount Stores Consumer Defensive	$49.0M	3.07%	+$440.6K Bought	0.01% 53.0K shares	Q4 2022 Held for 2y 11m
9 Nvidia NVDA	Semiconductors Technology	$48.0M	3.01%	-$3.4M Sold	0.00% 257.4K shares	Q4 2022 Held for 2y 11m
10 Apple AAPL	Consumer Electronics Technology	$48.0M	3.01%	-$85.8K Sold	0.00% 188.6K shares	Q4 2022 Held for 2y 11m

See all holdings

GthenH

Changes

Portfolio activity, position movements, and quarter-over-quarter changes in INVICTUS PRIVATE WEALTH, LLC's latest filing

See all changes

GthenC

Market Value

$1.6B

Prior: $1.5B

Q/Q Change

+9.38%

+$137.0M

Net Flows % of MV

+0.92%

Turnover Ratio

2.17%

New Purchases

2 stocks

$8.1M

Added To

20 stocks

+$33.8M

Sold Out Of

6 stocks

$1.8M

Reduced Holdings

41 stocks

-$25.4M

Increased Positions

Position	Shares Δ	Change
1 Uber Technologies UBER	New	0 → 80.2K +$7.9M
2 PIM Putnam Master Intermediate Income Trust PIM	New	0 → 76.9K +$264.4K
3 Cisco Systems, Inc. CSCO	+1,045.68%	6.2K → 70.6K +$4.4M
4 Vanguard FTSE Europe VGK	+75.49%	53.9K → 94.6K +$3.2M
5 MicroStrategy MSTR	+42.87%	5.2K → 7.4K +$716.9K

Decreased Positions

Position	Shares Δ	Change
1 PotlatchDeltic Corporation PCH	Sold	15.4K → 0 −$590.9K
2 KLA Corporation KLAC	Sold	300.0 → 0 −$268.7K
3 Oneok OKE	Sold	3.2K → 0 −$264.8K
4 UiPath PATH	Sold	20.0K → 0 −$256.0K
5 First Trust Municipal High Income FMHI	Sold	4.7K → 0 −$218.0K