# EDGAR Filing Document

**Accession Number:** 0001791002
**File Stem:** 0001705819-23-000025
**Filing Date:** 2023-2
**Character Count:** 16020
**Document Hash:** 27da09e683a367ada39e9ebc68f60448
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001705819-23-000025.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001705819-23-000025

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Xcel Wealth Management, LLC
- **CENTRAL INDEX KEY:** 0001791002
- **IRS NUMBER:** 453081901
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-19613
- **FILM NUMBER:** 23632550

**BUSINESS ADDRESS:**
- **STREET 1:** 101 2ND STREET
- **STREET 2:** STE 402
- **CITY:** HOLLY HILL
- **STATE:** FL
- **ZIP:** 32117
- **BUSINESS PHONE:** 3868723440

**MAIL ADDRESS:**
- **STREET 1:** 101 2ND STREET
- **STREET 2:** STE 402
- **CITY:** HOLLY HILL
- **STATE:** FL
- **ZIP:** 32117

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [x] **Amendment Number:** 1

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

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Xcel Wealth Management LLC<br>**Address:** 101 2nd Street<br>Ste 402<br>Holly Hill, FL 32117

**Form 13F File Number:** 028-19613

**CRD Number (if applicable):** 000158863

**SEC File Number (if applicable):** 801-113826

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:** Jonathan Xynidis<br>**Title:** Founder  CEO<br>**Phone:** 386-872-3440

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

Jonathan Xynidis  Holly Hill, FL  02-14-2023<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:** 129

**Form 13F Information Table Value Total:** $253927544

      (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 |
| ABBVIE INC | COM | 00287Y109 |  | 2494774 | 15437 | SH |  | SOLE |  | 0 | 0 | 15437 |
| ABRDN GOLD ETF TRUST | PHYSCL GOLD SHS | 00326A104 |  | 908003 | 51975 | SH |  | SOLE |  | 0 | 0 | 51975 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 |  | 210668 | 626 | SH |  | SOLE |  | 0 | 0 | 626 |
| ADVANCED MICRO DEVICES INC | COM | 007903107 |  | 2040903 | 31510 | SH |  | SOLE |  | 0 | 0 | 31510 |
| AIRBNB INC | COM CL A | 009066101 |  | 547457 | 6403 | SH |  | SOLE |  | 0 | 0 | 6403 |
| ALPHABET INC | CAP STK CL C | 02079K107 |  | 1547013 | 17435 | SH |  | SOLE |  | 0 | 0 | 17435 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 10866407 | 123160 | SH |  | SOLE |  | 0 | 0 | 123160 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 395986 | 8663 | SH |  | SOLE |  | 0 | 0 | 8663 |
| AMAZON COM INC | COM | 023135106 |  | 10797970 | 128547 | SH |  | SOLE |  | 0 | 0 | 128547 |
| AMERICAN WTR WKS CO INC NEW | COM | 030420103 |  | 218570 | 1434 | SH |  | SOLE |  | 0 | 0 | 1434 |
| AMGEN INC | COM | 031162100 |  | 1881909 | 7165 | SH |  | SOLE |  | 0 | 0 | 7165 |
| APPLE INC | COM | 037833100 |  | 8577142 | 66014 | SH |  | SOLE |  | 0 | 0 | 66014 |
| AT INC | COM | 00206R102 |  | 6677075 | 362687 | SH |  | SOLE |  | 0 | 0 | 362687 |
| AUTOMATIC DATA PROCESSING IN | COM | 053015103 |  | 367128 | 1537 | SH |  | SOLE |  | 0 | 0 | 1537 |
| BANK AMERICA CORP | COM | 060505104 |  | 9954975 | 300573 | SH |  | SOLE |  | 0 | 0 | 300573 |
| BARRICK GOLD CORP | COM | 067901108 |  | 2354708 | 137061 | SH |  | SOLE |  | 0 | 0 | 137061 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 3162518 | 10238 | SH |  | SOLE |  | 0 | 0 | 10238 |
| BK OF AMERICA CORP | 7.25%CNV PFD L | 060505682 |  | 502280 | 433 | SH |  | SOLE |  | 0 | 0 | 433 |
| BLOOMIN BRANDS INC | COM | 094235108 |  | 4511709 | 224240 | SH |  | SOLE |  | 0 | 0 | 224240 |
| BOEING CO | COM | 097023105 |  | 8967837 | 47559 | SH |  | SOLE |  | 0 | 0 | 47559 |
| BP PLC | SPONSORED ADR | 055622104 |  | 479895 | 13739 | SH |  | SOLE |  | 0 | 0 | 13739 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 2185553 | 30376 | SH |  | SOLE |  | 0 | 0 | 30376 |
| BROADCOM INC | COM | 11135F101 |  | 3031603 | 5422 | SH |  | SOLE |  | 0 | 0 | 5422 |
| BROWN  BROWN INC | COM | 115236101 |  | 375888 | 6598 | SH |  | SOLE |  | 0 | 0 | 6598 |
| CATERPILLAR INC | COM | 149123101 |  | 918678 | 3835 | SH |  | SOLE |  | 0 | 0 | 3835 |
| CELSIUS HLDGS INC | COM NEW | 15118V207 |  | 2434640 | 23401 | SH |  | SOLE |  | 0 | 0 | 23401 |
| CHEVRON CORP NEW | COM | 166764100 |  | 565932 | 3153 | SH |  | SOLE |  | 0 | 0 | 3153 |
| CISCO SYS INC | COM | 17275R102 |  | 330831 | 6944 | SH |  | SOLE |  | 0 | 0 | 6944 |
| CITIGROUP INC | COM NEW | 172967424 |  | 325892 | 7205 | SH |  | SOLE |  | 0 | 0 | 7205 |
| COCA COLA CO | COM | 191216100 |  | 1995446 | 31370 | SH |  | SOLE |  | 0 | 0 | 31370 |
| CONSTELLATION BRANDS INC | CL A | 21036P108 |  | 2238473 | 9659 | SH |  | SOLE |  | 0 | 0 | 9659 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 485260 | 1063 | SH |  | SOLE |  | 0 | 0 | 1063 |
| CREDIT SUISSE ASSET MGMT INC | COM | 224916106 |  | 32445 | 12875 | SH |  | SOLE |  | 0 | 0 | 12875 |
| CROWDSTRIKE HLDGS INC | CL A | 22788C105 |  | 931501 | 8847 | SH |  | SOLE |  | 0 | 0 | 8847 |
| CSX CORP | COM | 126408103 |  | 201091 | 6491 | SH |  | SOLE |  | 0 | 0 | 6491 |
| CVS HEALTH CORP | COM | 126650100 |  | 507140 | 5442 | SH |  | SOLE |  | 0 | 0 | 5442 |
| DEERE  CO | COM | 244199105 |  | 654717 | 1527 | SH |  | SOLE |  | 0 | 0 | 1527 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 208471 | 3389 | SH |  | SOLE |  | 0 | 0 | 3389 |
| DISNEY WALT CO | COM | 254687106 |  | 2180427 | 25097 | SH |  | SOLE |  | 0 | 0 | 25097 |
| DUKE ENERGY CORP NEW | COM NEW | 26441C204 |  | 207937 | 2019 | SH |  | SOLE |  | 0 | 0 | 2019 |
| DUPONT DE NEMOURS INC | COM | 26614N102 |  | 203557 | 2966 | SH |  | SOLE |  | 0 | 0 | 2966 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 247844 | 2247 | SH |  | SOLE |  | 0 | 0 | 2247 |
| FEDERAL RLTY INVT TR NEW | SH BEN INT NEW | 313745101 |  | 3826587 | 37872 | SH |  | SOLE |  | 0 | 0 | 37872 |
| FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 316092808 |  | 360792 | 3818 | SH |  | SOLE |  | 0 | 0 | 3818 |
| FIDELITY COVINGTON TRUST | MSCI HLTH CARE I | 316092600 |  | 329817 | 5155 | SH |  | SOLE |  | 0 | 0 | 5155 |
| FIRST TR EXCHANGE-TRADED FD | RISNG DIVD ACHIV | 33738R506 |  | 212046 | 4828 | SH |  | SOLE |  | 0 | 0 | 4828 |
| FIRST TRUST LRGCP GWT ALPHAD | COM SHS | 33735K108 |  | 211820 | 2317 | SH |  | SOLE |  | 0 | 0 | 2317 |
| FORD MTR CO DEL | COM | 345370860 |  | 6780395 | 583009 | SH |  | SOLE |  | 0 | 0 | 583009 |
| GARMIN LTD | SHS | H2906T109 |  | 606807 | 6575 | SH |  | SOLE |  | 0 | 0 | 6575 |
| GENERAL ELECTRIC CO | COM NEW | 369604301 |  | 2214906 | 26434 | SH |  | SOLE |  | 0 | 0 | 26434 |
| GLOBAL X FDS | NASDAQ 100 COVER | 37954Y483 |  | 719418 | 45218 | SH |  | SOLE |  | 0 | 0 | 45218 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 592674 | 1726 | SH |  | SOLE |  | 0 | 0 | 1726 |
| GUGGENHEIM TAXABLE MUNICP BO | COM | 401664107 |  | 832200 | 50868 | SH |  | SOLE |  | 0 | 0 | 50868 |
| HOME DEPOT INC | COM | 437076102 |  | 6514297 | 20624 | SH |  | SOLE |  | 0 | 0 | 20624 |
| HONEYWELL INTL INC | COM | 438516106 |  | 1061642 | 4954 | SH |  | SOLE |  | 0 | 0 | 4954 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 559052 | 3968 | SH |  | SOLE |  | 0 | 0 | 3968 |
| INTERNATIONAL PAPER CO | COM | 460146103 |  | 353018 | 10194 | SH |  | SOLE |  | 0 | 0 | 10194 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 |  | 619101 | 2325 | SH |  | SOLE |  | 0 | 0 | 2325 |
| J P MORGAN EXCHANGE TRADED F | NASDAQ EQT PREM | 46654Q203 |  | 970510 | 23787 | SH |  | SOLE |  | 0 | 0 | 23787 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 330865 | 1873 | SH |  | SOLE |  | 0 | 0 | 1873 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 9257862 | 69037 | SH |  | SOLE |  | 0 | 0 | 69037 |
| LILLY ELI  CO | COM | 532457108 |  | 417058 | 1140 | SH |  | SOLE |  | 0 | 0 | 1140 |
| LOCKHEED MARTIN CORP | COM | 539830109 |  | 586220 | 1205 | SH |  | SOLE |  | 0 | 0 | 1205 |
| LOWES COS INC | COM | 548661107 |  | 352256 | 1768 | SH |  | SOLE |  | 0 | 0 | 1768 |
| MARVELL TECHNOLOGY INC | COM | 573874104 |  | 352695 | 9522 | SH |  | SOLE |  | 0 | 0 | 9522 |
| MASCO CORP | COM | 574599106 |  | 531758 | 11394 | SH |  | SOLE |  | 0 | 0 | 11394 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 248279 | 714 | SH |  | SOLE |  | 0 | 0 | 714 |
| MCDONALDS CORP | COM | 580135101 |  | 215568 | 818 | SH |  | SOLE |  | 0 | 0 | 818 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 1536136 | 19765 | SH |  | SOLE |  | 0 | 0 | 19765 |
| META PLATFORMS INC | CL A | 30303M102 |  | 1185710 | 9853 | SH |  | SOLE |  | 0 | 0 | 9853 |
| MICROSOFT CORP | COM | 594918104 |  | 2034770 | 8485 | SH |  | SOLE |  | 0 | 0 | 8485 |
| MODERNA INC | COM | 60770K107 |  | 550715 | 3066 | SH |  | SOLE |  | 0 | 0 | 3066 |
| MONGODB INC | CL A | 60937P106 |  | 1163128 | 5909 | SH |  | SOLE |  | 0 | 0 | 5909 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 3148546 | 37033 | SH |  | SOLE |  | 0 | 0 | 37033 |
| NEWELL BRANDS INC | COM | 651229106 |  | 232170 | 17750 | SH |  | SOLE |  | 0 | 0 | 17750 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 935150 | 11186 | SH |  | SOLE |  | 0 | 0 | 11186 |
| NIKE INC | CL B | 654106103 |  | 880468 | 7525 | SH |  | SOLE |  | 0 | 0 | 7525 |
| NVIDIA CORPORATION | COM | 67066G104 |  | 6561022 | 44895 | SH |  | SOLE |  | 0 | 0 | 44895 |
| ORACLE CORP | COM | 68389X105 |  | 831132 | 10168 | SH |  | SOLE |  | 0 | 0 | 10168 |
| PALO ALTO NETWORKS INC | COM | 697435105 |  | 213078 | 1527 | SH |  | SOLE |  | 0 | 0 | 1527 |
| PAYPAL HLDGS INC | COM | 70450Y103 |  | 277900 | 3902 | SH |  | SOLE |  | 0 | 0 | 3902 |
| PEPSICO INC | COM | 713448108 |  | 2398081 | 13274 | SH |  | SOLE |  | 0 | 0 | 13274 |
| PFIZER INC | COM | 717081103 |  | 14958391 | 291928 | SH |  | SOLE |  | 0 | 0 | 291928 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 347150 | 3430 | SH |  | SOLE |  | 0 | 0 | 3430 |
| PIONEER NAT RES CO | COM | 723787107 |  | 208977 | 915 | SH |  | SOLE |  | 0 | 0 | 915 |
| PPL CORP | COM | 69351T106 |  | 9049580 | 309705 | SH |  | SOLE |  | 0 | 0 | 309705 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 727185 | 4798 | SH |  | SOLE |  | 0 | 0 | 4798 |
| PROSHARES TR | SHORT S 500 NE | 74347B425 |  | 1747270 | 109000 | SH |  | SOLE |  | 0 | 0 | 109000 |
| PROSHARES TR | ULTRAPRO SHT QQQ | 74347G432 |  | 1085601 | 20100 | SH |  | SOLE |  | 0 | 0 | 20100 |
| PRUDENTIAL FINL INC | COM | 744320102 |  | 3857457 | 38784 | SH |  | SOLE |  | 0 | 0 | 38784 |
| QUALCOMM INC | COM | 747525103 |  | 3245209 | 29518 | SH |  | SOLE |  | 0 | 0 | 29518 |
| RAYONIER INC | COM | 754907103 |  | 899808 | 27300 | SH |  | SOLE |  | 0 | 0 | 27300 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 3208751 | 31795 | SH |  | SOLE |  | 0 | 0 | 31795 |
| RH | COM | 74967X103 |  | 12245051 | 45829 | SH |  | SOLE |  | 0 | 0 | 45829 |
| ROKU INC | COM CL A | 77543R102 |  | 263044 | 6463 | SH |  | SOLE |  | 0 | 0 | 6463 |
| ROSS STORES INC | COM | 778296103 |  | 228658 | 1970 | SH |  | SOLE |  | 0 | 0 | 1970 |
| SALESFORCE INC | COM | 79466L302 |  | 4593713 | 34646 | SH |  | SOLE |  | 0 | 0 | 34646 |
| SEACOAST BKG CORP FLA | COM NEW | 811707801 |  | 260686 | 8358 | SH |  | SOLE |  | 0 | 0 | 8358 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 244749 | 5100 | SH |  | SOLE |  | 0 | 0 | 5100 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 799322 | 23372 | SH |  | SOLE |  | 0 | 0 | 23372 |
| SERVICENOW INC | COM | 81762P102 |  | 1236640 | 3185 | SH |  | SOLE |  | 0 | 0 | 3185 |
| SI-BONE INC | COM | 825704109 |  | 358020 | 26325 | SH |  | SOLE |  | 0 | 0 | 26325 |
| SKYWORKS SOLUTIONS INC | COM | 83088M102 |  | 1719167 | 18865 | SH |  | SOLE |  | 0 | 0 | 18865 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 |  | 118846 | 25780 | SH |  | SOLE |  | 0 | 0 | 25780 |
| SOUTHERN CO | COM | 842587107 |  | 448237 | 6277 | SH |  | SOLE |  | 0 | 0 | 6277 |
| SOUTHSTATE CORPORATION | COM | 840441109 |  | 226636 | 2968 | SH |  | SOLE |  | 0 | 0 | 2968 |
| SPDR GOLD TR | GOLD SHS | 78463V107 |  | 478385 | 2820 | SH |  | SOLE |  | 0 | 0 | 2820 |
| T-MOBILE US INC | COM | 872590104 |  | 210000 | 1500 | SH |  | SOLE |  | 0 | 0 | 1500 |
| TARGET CORP | COM | 87612E106 |  | 2225167 | 14930 | SH |  | SOLE |  | 0 | 0 | 14930 |
| TESLA INC | COM | 88160R101 |  | 578576 | 4697 | SH |  | SOLE |  | 0 | 0 | 4697 |
| TJX COS INC NEW | COM | 872540109 |  | 2178891 | 27373 | SH |  | SOLE |  | 0 | 0 | 27373 |
| TRUIST FINL CORP | COM | 89832Q109 |  | 349490 | 8122 | SH |  | SOLE |  | 0 | 0 | 8122 |
| TWILIO INC | CL A | 90138F102 |  | 1451370 | 29644 | SH |  | SOLE |  | 0 | 0 | 29644 |
| UBER TECHNOLOGIES INC | COM | 90353T100 |  | 3852439 | 155780 | SH |  | SOLE |  | 0 | 0 | 155780 |
| UNION PAC CORP | COM | 907818108 |  | 377282 | 1822 | SH |  | SOLE |  | 0 | 0 | 1822 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 |  | 922569 | 5307 | SH |  | SOLE |  | 0 | 0 | 5307 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 489356 | 923 | SH |  | SOLE |  | 0 | 0 | 923 |
| UNITY SOFTWARE INC | COM | 91332U101 |  | 221715 | 7755 | SH |  | SOLE |  | 0 | 0 | 7755 |
| VANGUARD INDEX FDS | S 500 ETF SHS | 922908363 |  | 3100576 | 8825 | SH |  | SOLE |  | 0 | 0 | 8825 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 363070 | 1899 | SH |  | SOLE |  | 0 | 0 | 1899 |
| VANGUARD INTL EQUITY INDEX F | FTSE EUROPE ETF | 922042874 |  | 310131 | 5594 | SH |  | SOLE |  | 0 | 0 | 5594 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 6894281 | 174982 | SH |  | SOLE |  | 0 | 0 | 174982 |
| VISA INC | COM CL A | 92826C839 |  | 1115879 | 5371 | SH |  | SOLE |  | 0 | 0 | 5371 |
| WALMART INC | COM | 931142103 |  | 4172313 | 29426 | SH |  | SOLE |  | 0 | 0 | 29426 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 432204 | 2755 | SH |  | SOLE |  | 0 | 0 | 2755 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 1885838 | 45673 | SH |  | SOLE |  | 0 | 0 | 45673 |
| WHIRLPOOL CORP | COM | 963320106 |  | 566972 | 4008 | SH |  | SOLE |  | 0 | 0 | 4008 |
| WYNN RESORTS LTD | COM | 983134107 |  | 559971 | 6790 | SH |  | SOLE |  | 0 | 0 | 6790 |
| YETI HLDGS INC | COM | 98585X104 |  | 379019 | 9175 | SH |  | SOLE |  | 0 | 0 | 9175 |

---