Bcwm, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), Bcwm, LLC reported 56 stock positions worth $334.0 million. Its top holding was iShares Gold Trust (IAU) at 7.2% of the portfolio, followed by Avantis International Equity (AVDE, 6.6%) and Duke Energy (DUK, 3.9%). Compared with Q3 2025, it opened 2 new positions, sold out of 1, added to 41 and reduced 10. The biggest buy was Meta Platforms Class A (META, shares +113%) and the biggest sale an exit from Kenvue (KVUE).
- Most Recent 13F
- Q2 2026
- Location
- OVERLAND PARK, KS
- CIK
- 0001542165
- Portfolio Value
- $334.0M (Q4 2025)
- SEC Filing
- 0001542165-26-000001 ↗ filed Feb 11, 2026
Holdings Value
Holdings 56 stocks · $334.0M
| IAU iShares Gold Trust | 7.25% | 298,176 | $24.2M | Reduce -0.4% |
| AVDE Avantis International Equity | 6.65% | 269,673 | $22.2M | Add +1.4% |
| DUK Duke Energy Corp. | 3.93% | 112,106 | $13.1M | Add +2.4% |
| SRE Sempra | 3.90% | 147,476 | $13.0M | Add +0.9% |
| DHI D.R. Horton Inc. | 3.63% | 84,093 | $12.1M | Add +20.8% |
| LMT Lockheed Martin Corp. | 3.37% | 23,258 | $11.2M | Add +1.4% |
| META Meta Platforms Inc. Class A | 3.20% | 16,196 | $10.7M | Add +113.0% |
| GRMN Garmin Ltd. | 3.16% | 51,994 | $10.5M | Add +42.0% |
| AMZN Amazon.com Inc. | 3.13% | 45,293 | $10.5M | Add +35.8% |
| HD Home Depot Inc. | 3.13% | 30,373 | $10.5M | Add +4.4% |
| DLR Digital Realty Trust Inc. | 3.02% | 65,260 | $10.1M | Add +1.7% |
| AAPL Apple Inc. | 2.97% | 36,543 | $9.9M | Add +0.1% |
| NOC Northrop Grumman Corp. | 2.93% | 17,166 | $9.8M | Add +2.7% |
| GNRC Generac Holdings Inc. | 2.90% | 70,937 | $9.7M | Add +23.9% |
| JPM JPMorgan Chase & Co. | 2.76% | 28,633 | $9.2M | Reduce -17.6% |
| SWK Stanley Black & Decker Inc. | 2.65% | 119,020 | $8.8M | Add +10.1% |
| MSFT Microsoft Corp. | 2.64% | 18,251 | $8.8M | Reduce -12.3% |
| RSP Invesco S&P 500 Equal Weight | 2.61% | 45,445 | $8.7M | Add +14.9% |
| WMT Walmart Inc. | 2.56% | 76,735 | $8.5M | Reduce -37.5% |
| MDT Medtronic PLC | 2.40% | 83,522 | $8.0M | Add +1.4% |
| NVDA Nvidia Corp. | 2.15% | 38,502 | $7.2M | Add +1.7% |
| MRK Merck & Co. Inc. | 1.93% | 61,169 | $6.4M | Add +1.0% |
| USB US Bancorp | 1.83% | 114,352 | $6.1M | Add +1.8% |
| BMY Bristol-Myers Squibb Co. | 1.77% | 109,461 | $5.9M | Add +1.6% |
| INDA iShares MSCI India ETF | 1.70% | 105,140 | $5.7M | Add +2.0% |
| PEP Pepsico Inc. | 1.62% | 37,736 | $5.4M | Add +1.2% |
| TGT Target Corp. | 1.59% | 54,237 | $5.3M | Add +3.9% |
| UPS United Parcel Service Class B | 1.49% | 50,245 | $5.0M | Add +0.0% |
| PFE Pfizer Inc. | 1.49% | 199,678 | $5.0M | Add +0.0% |
| MO Altria Group Inc. | 1.48% | 85,936 | $5.0M | Add +2.3% |
| VZ Verizon Communications Inc. | 1.41% | 115,240 | $4.7M | Add +0.4% |
| ECH iShares MSCI Chile ETF | 1.37% | 113,355 | $4.6M | Add +1.0% |
| VNM Vaneck Vietnam ETF | 1.23% | 214,661 | $4.1M | Add +1.4% |
| EWM iShares MSCI Malaysia ETF | 1.20% | 146,197 | $4.0M | Add +1.4% |
| EWZ iShares MSCI Brazil ETF | 1.16% | 122,017 | $3.9M | Add +1.3% |
| CVX Chevron Corp. | 1.08% | 23,654 | $3.6M | Reduce -29.4% |
| FXI iShares China Large-Cap ETF | 1.06% | 92,873 | $3.6M | Add +1.8% |
| EIDO iShares MSCI Indonesia ETF | 1.04% | 185,613 | $3.5M | Reduce -1.0% |
| SCHV Schwab US Large-Cap Value | 0.63% | 71,313 | $2.1M | Add +4.4% |
| SCHZ Schwab US Aggregate Bond ETF | 0.61% | 86,677 | $2.0M | Add +3.9% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.60% | 18,054 | $2.0M | Add +3.6% |
| VCIT Vanguard Int-Term Corporate | 0.60% | 23,748 | $2.0M | Add +3.9% |
| AOA iShares Core 80/20 Aggressiv | 0.27% | 10,165 | $910K | Reduce -1.7% |
| HTFL Heartflow Inc. | 0.27% | 31,139 | $908K | New |
| SCHM Schwab US Mid Cap ETF | 0.27% | 29,489 | $887K | Add +5.3% |
| SCHF Schwab Intl Equity ETF | 0.23% | 31,768 | $764K | No change |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.22% | 21,976 | $720K | Add +3.7% |
| PFF iShares Preferred & Income S | 0.18% | 18,928 | $586K | Add +0.3% |
| EDV Vanguard Extended Dur Treas | 0.15% | 7,925 | $515K | Reduce -2.6% |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | 0.12% | 6,486 | $417K | Reduce -19.1% |
| PG The Procter & Gamble Co. | 0.11% | 2,657 | $381K | No change |
| IJH iShares Core S&P Midcap ETF | 0.09% | 4,494 | $297K | Add +29.6% |
| PM Philip Morris International | 0.08% | 1,713 | $275K | No change |
| IJR iShares Core S&P Small-Cap E | 0.07% | 2,035 | $245K | Add +5.4% |
| AOR iShares Core 60/40 Balanced | 0.07% | 3,559 | $231K | Reduce -0.1% |
| GLD SPDR Gold Shares | 0.06% | 536 | $212K | New |
Portfolio Sells Q3 2025 → Q4 2025
| KVUE Kenvue Inc. | Sold out | 0.00% | −3.23 |
| WMT Walmart Inc. | Reduce -37.5% | 2.56% | −1.23 |
| MSFT Microsoft Corp. | Reduce -12.3% | 2.64% | −0.58 |
| JPM JPMorgan Chase & Co. | Reduce -17.6% | 2.76% | −0.52 |
| CVX Chevron Corp. | Reduce -29.4% | 1.08% | −0.48 |
| ZROZ PIMCO 25+ YR Zero CPN US Tif | Reduce -19.1% | 0.12% | −0.04 |
| EDV Vanguard Extended Dur Treas | Reduce -2.6% | 0.15% | −0.01 |
| AOA iShares Core 80/20 Aggressiv | Reduce -1.7% | 0.27% | −0.00 |
| AOR iShares Core 60/40 Balanced | Reduce -0.1% | 0.07% | +0.00 |
| EIDO iShares MSCI Indonesia ETF | Reduce -1.0% | 1.04% | +0.05 |
| IAU iShares Gold Trust | Reduce -0.4% | 7.25% | +0.72 |
Portfolio Buys Q3 2025 → Q4 2025
| META Meta Platforms Inc. Class A | Add +113.0% | 3.20% | +1.53 |
| AMZN Amazon.com Inc. | Add +35.8% | 3.13% | +0.94 |
| GRMN Garmin Ltd. | Add +42.0% | 3.16% | +0.46 |
| MRK Merck & Co. Inc. | Add +1.0% | 1.93% | +0.41 |
| AVDE Avantis International Equity | Add +1.4% | 6.65% | +0.37 |
| RSP Invesco S&P 500 Equal Weight | Add +14.9% | 2.61% | +0.36 |
| BMY Bristol-Myers Squibb Co. | Add +1.6% | 1.77% | +0.31 |
| HTFL Heartflow Inc. | New | 0.27% | +0.27 |
| ECH iShares MSCI Chile ETF | Add +1.0% | 1.37% | +0.26 |
| SWK Stanley Black & Decker Inc. | Add +10.1% | 2.65% | +0.24 |
| UPS United Parcel Service Class B | Add +0.0% | 1.49% | +0.24 |
| USB US Bancorp | Add +1.8% | 1.83% | +0.20 |
| AAPL Apple Inc. | Add +0.1% | 2.97% | +0.19 |
| TGT Target Corp. | Add +3.9% | 1.59% | +0.18 |
| VNM Vaneck Vietnam ETF | Add +1.4% | 1.23% | +0.09 |
| INDA iShares MSCI India ETF | Add +2.0% | 1.70% | +0.09 |
| DHI D.R. Horton Inc. | Add +20.8% | 3.63% | +0.09 |
| EWM iShares MSCI Malaysia ETF | Add +1.4% | 1.20% | +0.08 |
| GLD SPDR Gold Shares | New | 0.06% | +0.06 |
| MDT Medtronic PLC | Add +1.4% | 2.40% | +0.05 |
| PEP Pepsico Inc. | Add +1.2% | 1.62% | +0.05 |
| EWZ iShares MSCI Brazil ETF | Add +1.3% | 1.16% | +0.04 |
| SCHV Schwab US Large-Cap Value | Add +4.4% | 0.63% | +0.04 |
| NVDA Nvidia Corp. | Add +1.7% | 2.15% | +0.03 |
| GNRC Generac Holdings Inc. | Add +23.9% | 2.90% | +0.03 |
| IJH iShares Core S&P Midcap ETF | Add +29.6% | 0.09% | +0.02 |
| SCHZ Schwab US Aggregate Bond ETF | Add +3.9% | 0.61% | +0.02 |
| VCIT Vanguard Int-Term Corporate | Add +3.9% | 0.60% | +0.02 |
| SCHM Schwab US Mid Cap ETF | Add +5.3% | 0.27% | +0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +3.6% | 0.60% | +0.01 |
| IJR iShares Core S&P Small-Cap E | Add +5.4% | 0.07% | +0.00 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +3.7% | 0.22% | +0.00 |
| PFF iShares Preferred & Income S | Add +0.3% | 0.18% | −0.00 |
| PFE Pfizer Inc. | Add +0.0% | 1.49% | −0.03 |
| SRE Sempra | Add +0.9% | 3.90% | −0.04 |
| FXI iShares China Large-Cap ETF | Add +1.8% | 1.06% | −0.06 |
| LMT Lockheed Martin Corp. | Add +1.4% | 3.37% | −0.06 |
| VZ Verizon Communications Inc. | Add +0.4% | 1.41% | −0.11 |
| NOC Northrop Grumman Corp. | Add +2.7% | 2.93% | −0.12 |
| DUK Duke Energy Corp. | Add +2.4% | 3.93% | −0.12 |
| MO Altria Group Inc. | Add +2.3% | 1.48% | −0.18 |
| DLR Digital Realty Trust Inc. | Add +1.7% | 3.02% | −0.30 |
| HD Home Depot Inc. | Add +4.4% | 3.13% | −0.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 57 | $342.0M | AVDE, IAU, DUK, HD, SRE |
| Q1 2026 | 57 | $352.8M | AVDE, IAU, DUK, DLR, HD |
| Q4 2025 | 56 | $334.0M | IAU, AVDE, DUK, SRE, DHI |
| Q3 2025 | 55 | $334.0M | IAU, AVDE, DUK, SRE, WMT |
| Q2 2025 | 54 | $315.0M | AVDE, IAU, DUK, JPM, DLR |
| Q1 2025 | 51 | $287.7M | IAU, AVDE, DUK, SRE, TGT |
| Q4 2024 | 59 | $280.7M | SCHF, TGT, IAU, CRM, SRE |
| Q2 2024 | 58 | $277.9M | SCHF, SRE, IAU, TGT, DUK |
| Q1 2024 | 59 | $290.6M | SCHF, DUK, SRE, MDT, SWK |