# EDGAR Filing Document

**Accession Number:** 0001818940
**File Stem:** 0001818940-26-000001
**Filing Date:** 2026-1
**Character Count:** 11742
**Document Hash:** 3566bf9d40d85c3f8ed88c6fd7be6b0b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001818940-26-000001.hdr.sgml**: 20260114

**ACCESSION NUMBER**: 0001818940-26-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260114

**DATE AS OF CHANGE**: 20260114

**EFFECTIVENESS DATE**: 20260114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Praetorian Wealth Management, Inc.
- **CENTRAL INDEX KEY:** 0001818940

**ORGANIZATION NAME:**
- **EIN:** 262799717
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20306
- **FILM NUMBER:** 26532794

**BUSINESS ADDRESS:**
- **STREET 1:** 3775 VIA NONA MARIE
- **STREET 2:** STE 220
- **CITY:** CARMEL
- **STATE:** CA
- **ZIP:** 93923
- **BUSINESS PHONE:** 831-622-9600

**MAIL ADDRESS:**
- **STREET 1:** 3775 VIA NONA MARIE
- **STREET 2:** STE 220
- **CITY:** CARMEL
- **STATE:** CA
- **ZIP:** 93923

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2025

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Praetorian Wealth Management Inc.<br>**Address:** 3775 VIA NONA MARIE<br>STE 220<br>CARMEL, CA 93923

**Form 13F File Number:** 028-20306

**CRD Number (if applicable):** 000147814

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Richard A. Hewitt<br>**Title:** President  Chief Compliance Officer<br>**Phone:** (831) 622-9600

**Signature, Place, and Date of Signing:**

Richard A. Hewitt  Carmel, CA  01-14-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 74

**Form 13F Information Table Value Total:** $503714015

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AMAZON COM INC COM | Stock | 023135106 |  | 1033611 | 4478 | SH |  | SOLE |  | 4478 | 0 | 0 |
| POWERSHARES QQQ TR | ETF | 46090E103 |  | 254324 | 414 | SH |  | SOLE |  | 414 | 0 | 0 |
| JOHNSON  JOHNSON COM | Stock | 478160104 |  | 365337 | 1765 | SH |  | SOLE |  | 1765 | 0 | 0 |
| VANGUARD TOTAL STK MKT | ETF | 922908769 |  | 830799 | 2478 | SH |  | SOLE |  | 2478 | 0 | 0 |
| VDE - VANGUARD ENERGY ETF | ETF | 92204A306 |  | 885855 | 7035 | SH |  | SOLE |  | 7035 | 0 | 0 |
| ISHARES MSCI EMERGING MARKETS ETF | ETF | 464287234 |  | 269173 | 4920 | SH |  | SOLE |  | 4920 | 0 | 0 |
| VANGUARD REIT INDEX ETF | ETF | 922908553 |  | 3211025 | 36286 | SH |  | SOLE |  | 36286 | 0 | 0 |
| SPDR S 500 ETF | ETF | 78462F103 |  | 1433395 | 2102 | SH |  | SOLE |  | 2102 | 0 | 0 |
| VSS - VANGUARD FTSE ALL WORLD EX-US SMALL CAP ETF | ETF | 922042718 |  | 1524314 | 10635 | SH |  | SOLE |  | 10635 | 0 | 0 |
| ISHARES RUSSELL 1000 GROWTH ETF | ETF | 464287614 |  | 608190 | 1285 | SH |  | SOLE |  | 1285 | 0 | 0 |
| SCHWAB STRATEGIC TR US LRG CAP ETF | ETF | 808524201 |  | 951914 | 35374 | SH |  | SOLE |  | 35374 | 0 | 0 |
| SCHG SCHWAB US LARGE CAP GROWTH ETF | ETF | 808524300 |  | 495041 | 15176 | SH |  | SOLE |  | 15176 | 0 | 0 |
| ISHARES IBONDS DEC 2027 TERM CORPORATE ETF | ETF | 46435UAA9 |  | 6486511 | 266742 | SH |  | SOLE |  | 266742 | 0 | 0 |
| VANGUARD SHORT-TERM CORPORATE BOND ETF | ETF | 92206C409 |  | 425917 | 5342 | SH |  | SOLE |  | 5342 | 0 | 0 |
| VANGUARD INTERMEDIATE-TERM CORPORATE BOND ETF | ETF | 92206C870 |  | 427208 | 5101 | SH |  | SOLE |  | 5101 | 0 | 0 |
| MICROSOFT | Stock | 594918104 |  | 1009314 | 2087 | SH |  | SOLE |  | 2087 | 0 | 0 |
| VANGUARD SMALL CAP ETF | ETF | 922908751 |  | 10780258 | 41792 | SH |  | SOLE |  | 41792 | 0 | 0 |
| VANGUARD MID CAP | ETF | 922908629 |  | 16793597 | 57865 | SH |  | SOLE |  | 57865 | 0 | 0 |
| ISHARES IBONDS DEC 2028 TERM CORPORATE ETF | ETF | 46435U515 |  | 6484275 | 254734 | SH |  | SOLE |  | 254734 | 0 | 0 |
| TESLA INC COM | Stock | 88160R101 |  | 436678 | 971 | SH |  | SOLE |  | 971 | 0 | 0 |
| VHT - VANGUARD HEALTH CARE ETF | ETF | 92204A504 |  | 3974057 | 13806 | SH |  | SOLE |  | 13806 | 0 | 0 |
| VDC - VANGUARD CONSUMER STAPLES ETF | ETF | 92204A207 |  | 886363 | 4196 | SH |  | SOLE |  | 4196 | 0 | 0 |
| VIS - VANGUARD INDUSTRIALS ETF | ETF | 92204A603 |  | 2882649 | 9661 | SH |  | SOLE |  | 9661 | 0 | 0 |
| VGT - VANGUARD INFORMATION TECHNOLOGY ETF | ETF | 92204A702 |  | 15832523 | 21004 | SH |  | SOLE |  | 21004 | 0 | 0 |
| SCHV SCHWAB US LARGE CAP VALUE ETF | ETF | 808524409 |  | 229270 | 7743 | SH |  | SOLE |  | 7743 | 0 | 0 |
| ISHARES IBONDS DEC 2026 TERM MUNI BOND ETF | ETF | 46435U259 |  | 6193335 | 241578 | SH |  | SOLE |  | 241578 | 0 | 0 |
| VANGUARD COMMUNICATION SERVICES ETF | ETF | 92204A884 |  | 8428155 | 43527 | SH |  | SOLE |  | 43527 | 0 | 0 |
| ISHARES IBONDS DEC 2028 TERM MUNI BOND ETF | ETF | 46435U325 |  | 6837373 | 267346 | SH |  | SOLE |  | 267346 | 0 | 0 |
| ISHARES IBONDS DEC 2027 TERM MUNI BOND ETF | ETF | 46435U283 |  | 6604929 | 260139 | SH |  | SOLE |  | 260139 | 0 | 0 |
| CAPITAL BANCORP INC MD COM | Stock | 139737100 |  | 202373 | 7184 | SH |  | SOLE |  | 7184 | 0 | 0 |
| ELI LILLY  CO COM | Stock | 532457108 |  | 220309 | 205 | SH |  | SOLE |  | 205 | 0 | 0 |
| SCHWAB US MID-CAP ETF | ETF | 808524508 |  | 346556 | 11525 | SH |  | SOLE |  | 11525 | 0 | 0 |
| IBDU - ISHARES IBONDS DEC 2029 TERM CORPORATE ETF | ETF | 46436E205 |  | 6329170 | 270419 | SH |  | SOLE |  | 270419 | 0 | 0 |
| ISHARES RUSSELL 2000 ETF | ETF | 464287655 |  | 369732 | 1502 | SH |  | SOLE |  | 1502 | 0 | 0 |
| IBDV - ISHARES IBONDS DEC 2030 TERM CORPORATE ETF | ETF | 46436E726 |  | 6113436 | 277002 | SH |  | SOLE |  | 277002 | 0 | 0 |
| VANGUARD SMALL CAP VALUE ETF | ETF | 922908611 |  | 12094318 | 57105 | SH |  | SOLE |  | 57105 | 0 | 0 |
| VANGUARD MID CAP GROWTH ETF | ETF | 922908538 |  | 23195500 | 83096 | SH |  | SOLE |  | 83096 | 0 | 0 |
| IBDW - ISHARES IBONDS DEC 2031 TERM CORPORATE ETF | ETF | 46436E486 |  | 5690140 | 269037 | SH |  | SOLE |  | 269037 | 0 | 0 |
| VANGUARD SMALL CAP GROWTH ETF | ETF | 922908595 |  | 15179250 | 50244 | SH |  | SOLE |  | 50244 | 0 | 0 |
| VANGUARD GROWTH ETF | ETF | 922908736 |  | 455661 | 934 | SH |  | SOLE |  | 934 | 0 | 0 |
| META PLATFORMS INC CL A | Stock | 30303M102 |  | 211888 | 321 | SH |  | SOLE |  | 321 | 0 | 0 |
| VANGUARD MATERIALS ETF | ETF | 92204A801 |  | 485251 | 2338 | SH |  | SOLE |  | 2338 | 0 | 0 |
| IBDX-ISHARES IBONDS DEC 2032 TERM CORPORATE ETF | ETF | 46436E312 |  | 2204923 | 86366 | SH |  | SOLE |  | 86366 | 0 | 0 |
| BROADCOM INC COM | Stock | 11135F101 |  | 226003 | 653 | SH |  | SOLE |  | 653 | 0 | 0 |
| NVIDIA CORPORATION COM | Stock | 67066G104 |  | 1108556 | 5944 | SH |  | SOLE |  | 5944 | 0 | 0 |
| ISHARES IBONDS DEC 2029 TERM MUNI BOND ETF | ETF | 46436E163 |  | 5226399 | 205521 | SH |  | SOLE |  | 205521 | 0 | 0 |
| MCDONALDS CORP COM | Stock | 580135101 |  | 300739 | 984 | SH |  | SOLE |  | 984 | 0 | 0 |
| ISHARES TR RUSSELL MIDCAP INDEX FD | ETF | 464287499 |  | 433215 | 4500 | SH |  | SOLE |  | 4500 | 0 | 0 |
| TELOMIR PHARMACEUTICALS INC COM | Stock | 87975F104 |  | 13300 | 10000 | SH |  | SOLE |  | 10000 | 0 | 0 |
| VANGUARD FINANCIALS ETF | ETF | 92204A405 |  | 2990576 | 22403 | SH |  | SOLE |  | 22403 | 0 | 0 |
| ISHARES IBONDS DEC 2030 TERM MUNI BOND ETF | ETF | 46438G687 |  | 4313972 | 165540 | SH |  | SOLE |  | 165540 | 0 | 0 |
| IVE - ISHARES S0 500 VALUE ETF | ETF | 464287408 |  | 27457127 | 129472 | SH |  | SOLE |  | 129472 | 0 | 0 |
| IVW - ISHARES S 500 GROWTH ETF | ETF | 464287309 |  | 39165371 | 317746 | SH |  | SOLE |  | 317746 | 0 | 0 |
| ISHARES S 500 INDEX | ETF | 464287200 |  | 3292064 | 4806 | SH |  | SOLE |  | 4806 | 0 | 0 |
| ISHARES IBONDS DEC 2026 TERM CORPORATE ETF | ETF | 46435GAA0 |  | 6036043 | 249114 | SH |  | SOLE |  | 249114 | 0 | 0 |
| VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHS ETF | ETF | 922908512 |  | 18526110 | 104448 | SH |  | SOLE |  | 104448 | 0 | 0 |
| VANGUARD 0-3 MONTH TREASURY BILL ETF | ETF | 922040845 |  | 1325682 | 17575 | SH |  | SOLE |  | 17575 | 0 | 0 |
| VANGUARD FTSE DEVELOPED MARKETS ETF | ETF | 921943858 |  | 37678693 | 603148 | SH |  | SOLE |  | 603148 | 0 | 0 |
| ISHARES IBONDS DEC 2031 TERM MUNI BOND ETF | ETF | 46438G356 |  | 1236232 | 47639 | SH |  | SOLE |  | 47639 | 0 | 0 |
| VCR - VANGUARD CONSUMER DISCRETIONARY ETF | ETF | 92204A108 |  | 3524008 | 8946 | SH |  | SOLE |  | 8946 | 0 | 0 |
| STATE STREET SPDR PORTFOLIO S 1500 COMPOSITE STOCK MARKET ETF | ETF | 78464A805 |  | 4092247 | 49603 | SH |  | SOLE |  | 49603 | 0 | 0 |
| VANGUARD FTSE EMERGING MARKETS ETF | ETF | 922042858 |  | 17830668 | 331671 | SH |  | SOLE |  | 331671 | 0 | 0 |
| ALPHABET INC CAP STK CL C | Stock | 02079K107 |  | 630738 | 2010 | SH |  | SOLE |  | 2010 | 0 | 0 |
| VPU - VANGUARD UTILITIES ETF | ETF | 92204A876 |  | 2793178 | 15095 | SH |  | SOLE |  | 15095 | 0 | 0 |
| VANGUARD DIVIDEND APPRECIATION ETF | ETF | 921908844 |  | 632746 | 2879 | SH |  | SOLE |  | 2879 | 0 | 0 |
| EMCOR GROUP INC COM | Stock | 29084Q100 |  | 241045 | 394 | SH |  | SOLE |  | 394 | 0 | 0 |
| VANGUARD MEGA CAP GROWTH ETF | ETF | 921910816 |  | 65774079 | 159348 | SH |  | SOLE |  | 159348 | 0 | 0 |
| VANGUARD MEGA CAP CORE ETF | ETF | 921910873 |  | 22739233 | 90533 | SH |  | SOLE |  | 90533 | 0 | 0 |
| VANGUARD MEGA CAP VALUE ETF | ETF | 921910840 |  | 49307555 | 349302 | SH |  | SOLE |  | 349302 | 0 | 0 |
| ISHARES CORE S MID-CAP ETF | ETF | 464287507 |  | 292842 | 4437 | SH |  | SOLE |  | 4437 | 0 | 0 |
| ISHARES MSCI EAFE ETF | ETF | 464287465 |  | 355311 | 3700 | SH |  | SOLE |  | 3700 | 0 | 0 |
| APPLE INC | Stock | 037833100 |  | 4969872 | 18281 | SH |  | SOLE |  | 18281 | 0 | 0 |
| ISHARES RUSSELL 1000 ETF | ETF | 464287622 |  | 1226750 | 3285 | SH |  | SOLE |  | 3285 | 0 | 0 |
| ISHARES RUSSELL 1000 VALUE ETF | ETF | 464287598 |  | 299764 | 1425 | SH |  | SOLE |  | 1425 | 0 | 0 |

---