# EDGAR Filing Document

**Accession Number:** 0001809236
**File Stem:** 0001085146-23-000192
**Filing Date:** 2023-1
**Character Count:** 13817
**Document Hash:** 1c8c1c6b227d8b6d177ea21adc4d2bae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001085146-23-000192.hdr.sgml**: 20230119

**ACCESSION NUMBER**: 0001085146-23-000192

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

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230119

**DATE AS OF CHANGE**: 20230118

**EFFECTIVENESS DATE**: 20230119

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Salvus Wealth Management, LLC
- **CENTRAL INDEX KEY:** 0001809236
- **IRS NUMBER:** 471426180
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-20431
- **FILM NUMBER:** 23535319

**BUSINESS ADDRESS:**
- **STREET 1:** 200 SCHULZ DRIVE
- **STREET 2:** SUITE 402
- **CITY:** RED BANK
- **STATE:** NJ
- **ZIP:** 07701
- **BUSINESS PHONE:** 732-542-2629

**MAIL ADDRESS:**
- **STREET 1:** 200 SCHULZ DRIVE
- **STREET 2:** SUITE 402
- **CITY:** RED BANK
- **STATE:** NJ
- **ZIP:** 07701

### FORM 13F COVER PAGE

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

**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:** Salvus Wealth Management LLC<br>**Address:** 200 SCHULZ DRIVE<br>SUITE 402<br>RED BANK, NJ 07701

**Form 13F File Number:** 028-20431

**CRD Number (if applicable):** 000171986

**SEC File Number (if applicable):** 801-117044

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:** Robert W. Joel<br>**Title:** Member  Chief Compliance Officer<br>**Phone:** 904-674-3353

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

/s/Robert W. Joel  Red Bank, NJ  01-18-2023<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:** 95

**Form 13F Information Table Value Total:** $108979734

      (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 |
| ABBOTT LABS | COM | 002824100 | BBG001S5N9M6 | 352865 | 3214 | SH |  | SOLE |  | 0 | 0 | 3214 |
| ACCENTURE PLC IRELAND | SHS CLASS A | G1151C101 | BBG001SCXK90 | 266573 | 999 | SH |  | SOLE |  | 0 | 0 | 999 |
| ADOBE SYSTEMS INCORPORATED | COM | 00724F101 | BBG001S5NCQ5 | 415278 | 1234 | SH |  | SOLE |  | 0 | 0 | 1234 |
| AGNICO EAGLE MINES LTD | COM | 008474108 | BBG001S77MK3 | 692091 | 13312 | SH |  | SOLE |  | 0 | 0 | 13312 |
| AIR PRODS  CHEMS INC | COM | 009158106 | BBG001S5NSB6 | 782056 | 2537 | SH |  | SOLE |  | 0 | 0 | 2537 |
| AIRBNB INC | COM CL A | 009066101 | BBG001Y2XS16 | 200498 | 2345 | SH |  | SOLE |  | 0 | 0 | 2345 |
| ALPHABET INC | CAP STK CL A | 02079K305 | BBG009S39JY5 | 253044 | 2868 | SH |  | SOLE |  | 0 | 0 | 2868 |
| ALPHABET INC | CAP STK CL C | 02079K107 | BBG009S3NB21 | 5056457 | 56987 | SH |  | SOLE |  | 0 | 0 | 56987 |
| ALTRIA GROUP INC | COM | 02209S103 | BBG001S5T8T5 | 593223 | 12978 | SH |  | SOLE |  | 0 | 0 | 12978 |
| AMAZON COM INC | COM | 023135106 | BBG001S5PQL7 | 750204 | 8931 | SH |  | SOLE |  | 0 | 0 | 8931 |
| AMERICAN EXPRESS CO | COM | 025816109 | BBG001S5P034 | 2665115 | 18038 | SH |  | SOLE |  | 0 | 0 | 18038 |
| AMERICAN TOWER CORP NEW | COM | 03027X100 | BBG001S5NPQ6 | 1765853 | 8335 | SH |  | SOLE |  | 0 | 0 | 8335 |
| AMERICAN WOODMARK CORPORATIO | COM | 030506109 | BBG001S5NQ57 | 402460 | 8237 | SH |  | SOLE |  | 0 | 0 | 8237 |
| ANALOG DEVICES INC | COM | 032654105 | BBG001S5ND38 | 3333090 | 20320 | SH |  | SOLE |  | 0 | 0 | 20320 |
| AON PLC | SHS CL A | G0403H108 | BBG00SSQFPR9 | 1757920 | 5857 | SH |  | SOLE |  | 0 | 0 | 5857 |
| APPLE INC | COM | 037833100 | BBG001S5N8V8 | 2799147 | 21543 | SH |  | SOLE |  | 0 | 0 | 21543 |
| APPLIED MATLS INC | COM | 038222105 | BBG001S5NMM7 | 836592 | 8591 | SH |  | SOLE |  | 0 | 0 | 8591 |
| ARISTA NETWORKS INC | COM | 040413106 | BBG001T51KQ0 | 2494471 | 20556 | SH |  | SOLE |  | 0 | 0 | 20556 |
| ARMSTRONG WORLD INDS INC NEW | COM | 04247X102 | BBG001SGL0H9 | 1734504 | 25288 | SH |  | SOLE |  | 0 | 0 | 25288 |
| AST SPACEMOBILE INC | COM CL A | 00217D100 | BBG00Q402TS1 | 106700 | 22137 | SH |  | SOLE |  | 0 | 0 | 22137 |
| AUTODESK INC | COM | 052769106 | BBG001S5SCD4 | 261244 | 1398 | SH |  | SOLE |  | 0 | 0 | 1398 |
| BARRICK GOLD CORP | COM | 067901108 | BBG001S5N9P3 | 420566 | 24480 | SH |  | SOLE |  | 0 | 0 | 24480 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 | BBG001S90346 | 5738744 | 18578 | SH |  | SOLE |  | 0 | 0 | 18578 |
| BLACK KNIGHT INC | COM | 09215C105 | BBG00GX77ML3 | 905502 | 14664 | SH |  | SOLE |  | 0 | 0 | 14664 |
| BLACKROCK INC | COM | 09247X101 | BBG001SDBP55 | 1120344 | 1581 | SH |  | SOLE |  | 0 | 0 | 1581 |
| BOOKING HOLDINGS INC | COM | 09857L108 | BBG001S89N72 | 2952385 | 1465 | SH |  | SOLE |  | 0 | 0 | 1465 |
| CARMAX INC | COM | 143130102 | BBG001SD9561 | 2416968 | 39694 | SH |  | SOLE |  | 0 | 0 | 39694 |
| CDW CORP | COM | 12514G108 | BBG001V18TB6 | 721285 | 4039 | SH |  | SOLE |  | 0 | 0 | 4039 |
| CHEVRON CORP NEW | COM | 166764100 | BBG001S67ZC5 | 981272 | 5467 | SH |  | SOLE |  | 0 | 0 | 5467 |
| CINCINNATI FINL CORP | COM | 172062101 | BBG001S5PTM0 | 548708 | 5359 | SH |  | SOLE |  | 0 | 0 | 5359 |
| CISCO SYS INC | COM | 17275R102 | BBG001S6HC62 | 992371 | 20831 | SH |  | SOLE |  | 0 | 0 | 20831 |
| COCA COLA CO | COM | 191216100 | BBG001S5SMQ8 | 262401 | 4125 | SH |  | SOLE |  | 0 | 0 | 4125 |
| COMCAST CORP NEW | CL A | 20030N101 | BBG001S5PXL2 | 3206015 | 91679 | SH |  | SOLE |  | 0 | 0 | 91679 |
| CORTEVA INC | COM | 22052L104 | BBG00BN969D0 | 419748 | 7141 | SH |  | SOLE |  | 0 | 0 | 7141 |
| CROWN CASTLE INC | COM | 22822V101 | BBG001S7W5T3 | 618790 | 4562 | SH |  | SOLE |  | 0 | 0 | 4562 |
| DIAGEO PLC | SPON ADR NEW | 25243Q205 | BBG001S7V596 | 648077 | 3637 | SH |  | SOLE |  | 0 | 0 | 3637 |
| DISNEY WALT CO | COM | 254687106 | BBG001S5QHF3 | 826707 | 9516 | SH |  | SOLE |  | 0 | 0 | 9516 |
| DOMINION ENERGY INC | COM | 25746U109 | BBG001S5QCP3 | 859686 | 14020 | SH |  | SOLE |  | 0 | 0 | 14020 |
| DUPONT DE NEMOURS INC | COM | 26614N102 | BBG00BN961H3 | 621582 | 9057 | SH |  | SOLE |  | 0 | 0 | 9057 |
| ENBRIDGE INC | COM | 29250N105 | BBG001S6Q6D7 | 511063 | 13071 | SH |  | SOLE |  | 0 | 0 | 13071 |
| ENCORE CAP GROUP INC | COM | 292554102 | BBG001SKFPK8 | 905778 | 18894 | SH |  | SOLE |  | 0 | 0 | 18894 |
| ENERGY TRANSFER L P | COM UT LTD PTN | 29273V100 | BBG001SDHNW4 | 178501 | 15038 | SH |  | SOLE |  | 0 | 0 | 15038 |
| ENTERPRISE PRODS PARTNERS L | COM | 293792107 | BBG001S9P0Z1 | 410887 | 17035 | SH |  | SOLE |  | 0 | 0 | 17035 |
| EOG RES INC | COM | 26875P101 | BBG001S5ZB93 | 390762 | 3017 | SH |  | SOLE |  | 0 | 0 | 3017 |
| EQUITY COMWLTH | COM SH BEN INT | 294628102 | BBG001S5S0L1 | 434753 | 17411 | SH |  | SOLE |  | 0 | 0 | 17411 |
| FASTENAL CO | COM | 311900104 | BBG001S5R1F7 | 514889 | 10881 | SH |  | SOLE |  | 0 | 0 | 10881 |
| FIDELITY NATL INFORMATION SV | COM | 31620M106 | BBG001S8SWQ0 | 625509 | 9219 | SH |  | SOLE |  | 0 | 0 | 9219 |
| FLOOR  DECOR HLDGS INC | CL A | 339750101 | BBG007GJ2F90 | 2785479 | 40004 | SH |  | SOLE |  | 0 | 0 | 40004 |
| GARTNER INC | COM | 366651107 | BBG001S5SD60 | 208743 | 621 | SH |  | SOLE |  | 0 | 0 | 621 |
| GENERAL DYNAMICS CORP | COM | 369550108 | BBG001S5RHP1 | 226524 | 913 | SH |  | SOLE |  | 0 | 0 | 913 |
| INGREDION INC | COM | 457187102 | BBG001SBH4X9 | 412089 | 4208 | SH |  | SOLE |  | 0 | 0 | 4208 |
| ISHARES TR | CORE S TTL STK | 464287150 | BBG001SHTRL5 | 220989 | 2606 | SH |  | SOLE |  | 0 | 0 | 2606 |
| JOHNSON  JOHNSON | COM | 478160104 | BBG001S5SHQ9 | 1080391 | 6116 | SH |  | SOLE |  | 0 | 0 | 6116 |
| LAUDER ESTEE COS INC | CL A | 518439104 | BBG001S8L5H6 | 9472778 | 38180 | SH |  | SOLE |  | 0 | 0 | 38180 |
| LILLY ELI  CO | COM | 532457108 | BBG001S5STL8 | 426323 | 1165 | SH |  | SOLE |  | 0 | 0 | 1165 |
| LOEWS CORP | COM | 540424108 | BBG001S6KQC0 | 654366 | 11218 | SH |  | SOLE |  | 0 | 0 | 11218 |
| LOWES COS INC | COM | 548661107 | BBG001S5SVL3 | 738184 | 3705 | SH |  | SOLE |  | 0 | 0 | 3705 |
| MARKEL CORP | COM | 570535104 | BBG001S9ZK95 | 1515114 | 1150 | SH |  | SOLE |  | 0 | 0 | 1150 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | BBG001SKNNS6 | 486474 | 1399 | SH |  | SOLE |  | 0 | 0 | 1399 |
| MEDTRONIC PLC | SHS | G5960L103 | BBG001S5T2S9 | 373367 | 4804 | SH |  | SOLE |  | 0 | 0 | 4804 |
| MERCK  CO INC | COM | 58933Y105 | BBG001S5TC52 | 1610772 | 14518 | SH |  | SOLE |  | 0 | 0 | 14518 |
| MICROSOFT CORP | COM | 594918104 | BBG001S5TD05 | 1921995 | 8014 | SH |  | SOLE |  | 0 | 0 | 8014 |
| MOELIS  CO | CL A | 60786M105 | BBG001STYX58 | 1852197 | 48272 | SH |  | SOLE |  | 0 | 0 | 48272 |
| NETFLIX INC | COM | 64110L106 | BBG001SF6L46 | 373908 | 1268 | SH |  | SOLE |  | 0 | 0 | 1268 |
| NORFOLK SOUTHN CORP | COM | 655844108 | BBG001S5TQJ6 | 716836 | 2909 | SH |  | SOLE |  | 0 | 0 | 2909 |
| NVIDIA CORPORATION | COM | 67066G104 | BBG001S5TZJ6 | 222428 | 1522 | SH |  | SOLE |  | 0 | 0 | 1522 |
| NVR INC | COM | 62944T105 | BBG001S5TSM8 | 2698359 | 585 | SH |  | SOLE |  | 0 | 0 | 585 |
| OREILLY AUTOMOTIVE INC | COM | 67103H107 | BBG001S78TL6 | 1314155 | 1557 | SH |  | SOLE |  | 0 | 0 | 1557 |
| PAYCHEX INC | COM | 704326107 | BBG001S5V135 | 740162 | 6405 | SH |  | SOLE |  | 0 | 0 | 6405 |
| PFIZER INC | COM | 717081103 | BBG001S5V466 | 894036 | 17448 | SH |  | SOLE |  | 0 | 0 | 17448 |
| PHILIP MORRIS INTL INC | COM | 718172109 | BBG001STP9N1 | 450486 | 4451 | SH |  | SOLE |  | 0 | 0 | 4451 |
| PROGRESSIVE CORP | COM | 743315103 | BBG001S5V509 | 3211360 | 24758 | SH |  | SOLE |  | 0 | 0 | 24758 |
| RH | COM | 74967X103 | BBG002293Q93 | 550411 | 2060 | SH |  | SOLE |  | 0 | 0 | 2060 |
| SAFE BULKERS INC | COM | Y7388L103 | BBG001T0ZJ96 | 38392 | 13193 | SH |  | SOLE |  | 0 | 0 | 13193 |
| SALESFORCE INC | COM | 79466L302 | BBG001SDLP09 | 241314 | 1820 | SH |  | SOLE |  | 0 | 0 | 1820 |
| SCHWAB CHARLES CORP | COM | 808513105 | BBG001S5VXD4 | 3099603 | 37228 | SH |  | SOLE |  | 0 | 0 | 37228 |
| SERVICENOW INC | COM | 81762P102 | BBG001T4JFC0 | 288485 | 743 | SH |  | SOLE |  | 0 | 0 | 743 |
| SHENANDOAH TELECOMMUNICATION | COM | 82312B106 | BBG001SG37M8 | 321094 | 20220 | SH |  | SOLE |  | 0 | 0 | 20220 |
| SORRENTO THERAPEUTICS INC | COM NEW | 83587F202 | BBG001S6XW51 | 36247 | 40911 | SH |  | SOLE |  | 0 | 0 | 40911 |
| SPDR SER TR | BLOOMBERG 1-3 MO | 78468R663 | BBG001STKCW9 | 1153437 | 12610 | SH |  | SOLE |  | 0 | 0 | 12610 |
| SS TECHNOLOGIES HLDGS INC | COM | 78467J100 | BBG001STPPK8 | 667826 | 12828 | SH |  | SOLE |  | 0 | 0 | 12828 |
| STARBUCKS CORP | COM | 855244109 | BBG001S72KH6 | 893197 | 9004 | SH |  | SOLE |  | 0 | 0 | 9004 |
| TARGET CORP | COM | 87612E106 | BBG001SC0K41 | 529390 | 3552 | SH |  | SOLE |  | 0 | 0 | 3552 |
| TEMPUR SEALY INTL INC | COM | 88023U101 | BBG001SH81D4 | 2835933 | 82608 | SH |  | SOLE |  | 0 | 0 | 82608 |
| TEXAS INSTRS INC | COM | 882508104 | BBG001S5WYZ7 | 845926 | 5120 | SH |  | SOLE |  | 0 | 0 | 5120 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 | BBG001S5WS08 | 308386 | 560 | SH |  | SOLE |  | 0 | 0 | 560 |
| THOR INDS INC | COM | 885160101 | BBG001S5WPH6 | 2669402 | 35361 | SH |  | SOLE |  | 0 | 0 | 35361 |
| TJX COS INC NEW | COM | 872540109 | BBG001S5WQ93 | 207995 | 2613 | SH |  | SOLE |  | 0 | 0 | 2613 |
| TRAVELERS COMPANIES INC | COM | 89417E109 | BBG001S5R103 | 425415 | 2269 | SH |  | SOLE |  | 0 | 0 | 2269 |
| UNILEVER PLC | SPON ADR NEW | 904767704 | BBG001S5X1K4 | 578270 | 11485 | SH |  | SOLE |  | 0 | 0 | 11485 |
| UNITED PARCEL SERVICE INC | CL B | 911312106 | BBG001SDGSH1 | 712396 | 4098 | SH |  | SOLE |  | 0 | 0 | 4098 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 | BBG001S6WCJ1 | 424674 | 801 | SH |  | SOLE |  | 0 | 0 | 801 |
| VANGUARD INDEX FDS | LARGE CAP ETF | 922908637 | BBG001SHTTQ6 | 322270 | 1850 | SH |  | SOLE |  | 0 | 0 | 1850 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | BBG001S67QY1 | 946546 | 24024 | SH |  | SOLE |  | 0 | 0 | 24024 |
| VISA INC | COM CL A | 92826C839 | BBG001SRCFY3 | 522932 | 2517 | SH |  | SOLE |  | 0 | 0 | 2517 |

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