CKW Financial Group

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 28, 2025), CKW Financial Group reported 190 stock positions worth $869.5 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 47.7% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 20.7%) and iShares Core S&P Midcap ETF (IJH, 6.2%). Compared with Q1 2025, it opened 8 new positions, sold out of 13, added to 33 and reduced 27. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale McDonald's (MCD, shares −0%).

Most Recent 13F
Q2 2026
Location
HONOLULU, HI
CIK
0001600403
Portfolio Value
$869.5M (Q2 2025)
SEC Filing
0001600403-25-000005 ↗ filed Jul 28, 2025

Holdings Value

0$500.0M$1.0B$1.5B Q1 2024: $768.2M Q1 2024 Q2 2024: $783.7M Q2 2024 Q3 2024: $826.5M Q3 2024 Q4 2024: $812.7M Q4 2024 Q1 2025: $800.2M Q1 2025 Q2 2025: $869.5M $869.5M Q2 2025 Q3 2025: $917.4M Q3 2025 Q4 2025: $922.2M Q4 2025 Q1 2026: $917.0M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 190 stocks · $869.5M
IVV iShares Core S&P 500 ETF 47.66% 667,694 $414.4M Reduce -0.5%
IEFA iShares Core MSCI Eafe ETF 20.71% 2,161,672 $180.1M Reduce -0.8%
IJH iShares Core S&P Midcap ETF 6.19% 856,853 $53.8M Add +0.8%
MCD McDonald's Corp. 4.83% 141,141 $42.0M Reduce -0.3%
IEMG iShares Core MSCI Emerging 4.79% 693,537 $41.7M Reduce -0.5%
GSEW Goldman Sachs Eql WGHT Large 4.53% 478,789 $39.4M Add +0.4%
EMXC iShares MSCI Emr MRK Ex Chna 3.25% 446,653 $28.3M Reduce -0.8%
VEU Vanguard Ftse All-World Ex-U 1.44% 186,026 $12.5M Reduce -2.8%
NVDA Nvidia Corp. 0.99% 56,246 $8.6M Add +0.1%
AMZN Amazon.com Inc. 0.57% 22,458 $5.0M No change
VONG Vanguard Russell 1000 Growth 0.57% 45,476 $4.9M Add +6.7%
MSFT Microsoft Corp. 0.54% 9,614 $4.7M Add +0.0%
MATX Matson Inc. 0.49% 37,436 $4.3M Add +3.3%
AAPL Apple Inc. 0.39% 16,335 $3.4M Add +0.0%
JPM JPMorgan Chase & Co. 0.34% 10,250 $3.0M Reduce -1.7%
ACWI iShares MSCI Acwi ETF 0.33% 22,070 $2.8M Add +6.7%
GOOGL Alphabet Inc. Class A 0.19% 9,636 $1.7M Reduce -7.4%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 2,681 $1.3M No change
GOOG Alphabet Inc. Class C 0.14% 6,930 $1.2M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 1,799 $1.1M Add +0.2%
COST Costco Wholesale Corp. 0.12% 1,022 $1.0M No change
FHB First Hawaiian Inc. 0.10% 32,600 $838K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 16,186 $779K Add +0.0%
TM Toyota Motor Corp. -Spon ADR 0.09% 4,521 $775K Add +0.1%
JNJ Johnson & Johnson 0.07% 4,176 $651K Add +0.5%
ACWV iShares MSCI Global Min Vol 0.07% 4,992 $594K Reduce -1.5%
LIN Linde PLC 0.07% 1,213 $578K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.07% 1,943 $566K Add +0.3%
LLY Eli Lilly & Co. 0.05% 602 $467K No change
MRSH Marsh & McLennan Cos 0.05% 1,948 $424K Add +0.2%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.05% 4,189 $395K Reduce -0.5%
SHYG iShares 0-5 YR HY Corp. Bond 0.04% 8,816 $378K Reduce -0.6%
ALEX Alexander & Baldwin Inc. 0.04% 18,976 $342K No change
TXN Texas Instruments Inc. 0.04% 1,605 $338K No change
GE General Electric filed as GE AEROSPACE 0.03% 1,073 $267K Reduce -3.3%
NFLX Netflix Inc. 0.03% 200 $259K No change
NKE Nike Inc. Class B 0.03% 3,368 $247K Add +0.1%
MNST Monster Beverage Corp. 0.03% 3,600 $229K No change
VZ Verizon Communications Inc. 0.03% 5,205 $227K No change
SHOP Shopify Inc. Class A 0.03% 1,933 $218K Add +18.1%
META Meta Platforms Inc. Class A 0.02% 277 $199K No change
SBUX Starbucks Corp. 0.02% 2,080 $197K No change
AMD Advanced Micro Devices 0.02% 1,425 $194K No change
TSM Taiwan Semiconductor-SP ADR 0.02% 850 $191K No change
CVX Chevron Corp. 0.02% 1,294 $188K Add +0.3%
TSLA Tesla Inc. 0.02% 600 $180K No change
PG The Procter & Gamble Co. 0.02% 1,109 $179K Add +0.1%
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 0.02% 2,206 $154K Reduce -12.0%
XOM Exxon Mobil Corp. 0.02% 1,317 $144K Add +0.6%
OXY Occidental Petroleum Corp. 0.02% 3,366 $144K Reduce -6.6%
VWO Vanguard Ftse Emerging Marke 0.02% 2,770 $138K No change
INTC Intel Corp. 0.02% 6,002 $137K No change
T AT&T Inc. 0.02% 4,672 $135K Reduce -7.1%
GEV GE Vernova Inc. 0.02% 267 $135K Reduce -3.3%
C Citigroup Inc. 0.01% 1,500 $129K No change
HE Hawaiian Electric Inds 0.01% 11,578 $129K No change
AFL Aflac Inc. 0.01% 1,210 $128K No change
F Ford Motor Co. filed as FORD MTR CO 0.01% 11,142 $126K Add +0.8%
CPF Central Pacific Financial Co. 0.01% 4,038 $116K Add +0.4%
HUBS HubSpot Inc. 0.01% 203 $113K No change
QQQ Invesco QQQ Trust Series 1 0.01% 201 $110K No change
WMT Walmart Inc. 0.01% 1,050 $103K No change
IYW iShares Ustechnology ETF 0.01% 540 $93K No change
TRV The Travelers Cos Inc. 0.01% 344 $92K No change
ALL Allstate Corp. 0.01% 450 $90K No change
AOR iShares Core 60/40 Balanced 0.01% 1,379 $85K Add +1.4%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.01% 1,040 $83K No change
DSU BlackRock Debt Strategies 0.01% 7,711 $82K No change
CARR Carrier Global Corp. 0.01% 1,102 $82K No change
AVGO Broadcom Inc. 0.01% 300 $79K No change
CTVA Corteva Inc. 0.01% 992 $74K Add +0.2%
MOD Modine Manufacturing Co. 0.01% 750 $74K No change
DELL Dell Technologies -C 0.01% 541 $66K No change
GNTX Gentex Corp. 0.01% 2,827 $65K Add +0.3%
ICSH iShares Ultra Short Duration 0.01% 1,282 $65K No change
AOA iShares Core 80/20 Aggressiv 0.01% 752 $63K Add +0.7%
MGA Magna International Inc. 0.01% 1,483 $59K Add +0.6%
DD Dupont DE Nemours Inc. 0.01% 765 $55K Add +0.3%
FCX Freeport-McMoran Inc. 0.01% 1,052 $46K No change
PFE Pfizer Inc. 0.01% 1,775 $44K Reduce -13.4%
V Visa Inc. Class A 0.01% 125 $44K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.00% 500 $42K No change
ADBE Adobe Inc. 0.00% 100 $39K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 317 $39K No change
WTW Willis Towers Watson PLC 0.00% 121 $37K No change
AMGN Amgen Inc. 0.00% 126 $36K Add +0.8%
CSCO Cisco Systems Inc. 0.00% 519 $36K Add +0.4%
DUK Duke Energy Corp. 0.00% 288 $34K No change
HOPE Hope Bancorp Inc. 0.00% 2,906 $32K New
BXSL Blackstone Secured Lending F 0.00% 1,000 $31K No change
KO The Coca-Cola Co. 0.00% 376 $27K Add +0.3%
VNQ Vanguard Real Estate ETF 0.00% 300 $27K No change
GEHC GE Healthcare Technology 0.00% 346 $26K Reduce -3.4%
EEMV iShares MSCI Emg MKT Min Vol 0.00% 412 $26K No change
MSI Motorola Solutions Inc. 0.00% 60 $26K No change
HPQ HP Inc. 0.00% 957 $24K Reduce -6.2%
QQQM Invesco Nasdaq 100 ETF 0.00% 105 $24K Add +1.0%
A Agilent Technologies Inc. 0.00% 187 $23K No change
SDIV Global X Superdividend ETF 0.00% 1,000 $23K No change
HPE Hewlett Packard Enterprise 0.00% 984 $20K No change
AMAT Applied Materials Inc. 0.00% 100 $18K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.00% 333 $17K No change
EFA iShares MSCI Eafe ETF 0.00% 181 $16K Add +1.7%
DOW Dow Inc. 0.00% 552 $15K No change
KEYS Keysight Technologies Inc. 0.00% 90 $15K No change
RTX RTX Corp. 0.00% 104 $15K No change
MMM 3M Co. 0.00% 100 $15K No change
KMB Kimberly-Clark Corp. 0.00% 106 $14K No change
BIIB Biogen Inc. 0.00% 100 $13K No change
SONY Sony Group Corp. - SP ADR 0.00% 500 $13K No change
IONQ Ionq Inc. 0.00% 288 $12K No change
WBD Warner Bros Discovery Inc. 0.00% 1,056 $12K Reduce -7.5%
BP BP PLC-Spons ADR 0.00% 370 $11K No change
FMDE Fidelity Enhanced Mid Cap Co. 0.00% 316 $11K No change
FXI iShares China Large-Cap ETF 0.00% 300 $11K No change
MU Micron Technology Inc. 0.00% 90 $11K No change
RKLB Rocket Lab Corp. 0.00% 331 $11K No change
MDY State Street SPDR S&P Midcap 0.00% 20 $11K No change
BA The Boeing Co. 0.00% 50 $10K Reduce -80.0%
FTEC Fidelity MSCI Info Tech Indx 0.00% 50 $10K No change
IIPR Innovative Industrial Proper 0.00% 173 $10K No change
TLT iShares 20+ Year Treasury BD 0.00% 116 $10K No change
OTIS Otis Worldwide Corp. 0.00% 103 $10K No change
VEA Vanguard Ftse Developed ETF 0.00% 168 $10K No change
ANF Abercrombie & Fitch Co. Class A 0.00% 100 $9K No change
KD Kyndryl Holdings Inc. 0.00% 215 $9K No change
WAB Wabtec Corp. 0.00% 45 $9K Reduce -2.2%
FBTC Fidelity Wise Origin Bitcoin 0.00% 88 $8K No change
FELV Fidelity Enh LRG Cap Val ETF 0.00% 236 $8K No change
MRK Merck & Co. Inc. 0.00% 100 $8K No change
VTEB Vanguard Tax-Exempt Bond ETF 0.00% 167 $8K No change
ZM Zoom Communications Inc. 0.00% 100 $8K No change
AR Antero Resources Corp. 0.00% 198 $7K No change
COO The Cooper Cos Inc. 0.00% 93 $7K No change
IBIT iShares Bitcoin Trust ETF 0.00% 110 $7K No change
MFC Manulife Financial Corp. 0.00% 212 $7K No change
VTRS Viatris Inc. 0.00% 716 $7K Reduce -39.0%
ABBV Abbvie Inc. 0.00% 30 $6K No change
RIVN Rivian Automotive Inc. Class A 0.00% 440 $6K No change
DVA Davita Inc. 0.00% 35 $5K No change
PKST Peakstone Realty Trust 0.00% 352 $5K New
ACWX iShares MSCI Acwi Ex US ETF 0.00% 90 $5K No change
REGN Regeneron Pharmaceuticals 0.00% 10 $5K No change
SNAP Snap Inc. Class A 0.00% 520 $5K No change
FETH Fidelity Ethereum Fund 0.00% 160 $4K No change
DJT Trump Media & Technology Gro 0.00% 162 $3K No change
FESM Fidelity Enhanced Small Cap 0.00% 96 $3K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 50 $3K Add +66.7%
TWST Twist Bioscience Corp. 0.00% 80 $3K No change
JOBY Joby Aviation Inc. 0.00% 300 $3K No change
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.00% 500 $2K No change
CSGP Costar Group Inc. 0.00% 20 $2K No change
ET Energy Transfer LP 0.00% 100 $2K No change
MCHP Microchip Technology Inc. 0.00% 25 $2K No change
SU Suncor Energy Inc. 0.00% 50 $2K No change
UBER Uber Technologies Inc. 0.00% 25 $2K No change
KLG WK Kellogg Co. 0.00% 100 $2K Reduce -50.0%
B Barrick Mining Corp. 0.00% 25 $1K No change
CC The Chemours Co. 0.00% 55 $1K No change
DXC DXC Technology Co. 0.00% 68 $1K Reduce -6.8%
FTEK Fuel Tech Inc. 0.00% 200 $1K No change
IAU iShares Gold Trust 0.00% 9 $1K No change
IWR iShares Russell Mid-Cap ETF 0.00% 7 $1K New
EMB iShares JP Morgan Usd Emergi 0.00% 14 $1K No change
KHC The Kraft Heinz Co. 0.00% 50 $1K No change
LTBR Lightbridge Corp. 0.00% 50 $1K New
PBR Petroleo Brasileiro-Spon ADR 0.00% 59 $1K Reduce -74.8%
XLV SS Health Care Select Sector 0.00% 8 $1K No change
STEM Stem Inc. 0.00% 192 $1K Reduce -0.8%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 20 $1K No change
UPS United Parcel Service Class B 0.00% 5 $1K No change
VCIT Vanguard Int-Term Corporate 0.00% 8 $1K No change
SBLK Star Bulk Carriers Corp. 0.00% 34 $1K No change
AKAM Akamai Technologies Inc. 0.00% 1 $0 No change
AA Alcoa Corp. 0.00% 5 $0 No change
AVDV Avantis Intl S/C Value ETF 0.00% 4 $0 New
AVNS Avanos Medical Inc. 0.00% 12 $0 No change
CPB The Campbell's Company 0.00% 4 $0 New
ITA iShares U.S. Aerospace & Def 0.00% 1 $0 New
MPC Marathon Petroleum Corp. 0.00% 1 $0 New
PYPL PayPal Holdings Inc. 0.00% 5 $0 No change
PEP Pepsico Inc. 0.00% 1 $0 No change
PLUG Plug Power Inc. 0.00% 200 $0 No change
SNDK Sandisk Corp. 0.00% 1 $0 No change
TRIP Tripadvisor Inc. 0.00% 25 $0 No change
VGZ Vista Gold Corp. 0.00% 25 $0 No change
WDC Western Digital Corp. 0.00% 5 $0 No change
ZIMV Zimvie Inc. 0.00% 1 $0 No change
ZBH Zimmer Biomet Holdings Inc. 0.00% 5 $0 No change
RIG Transocean Ltd. 0.00% 126 $0 No change

Portfolio Sells Q1 2025 → Q2 2025
MCD McDonald's Corp. Reduce -0.3% 4.83% −0.72
SPG Simon Property Group Inc. Sold out 0.00% −0.03
VEU Vanguard Ftse All-World Ex-U Reduce -2.8% 1.44% −0.02
GOOGL Alphabet Inc. Class A Reduce -7.4% 0.19% −0.01
ONMD Onemednet Corp. Sold out 0.00% −0.01
OXY Occidental Petroleum Corp. Reduce -6.6% 0.02% −0.01
ACWV iShares MSCI Global Min Vol Reduce -1.5% 0.07% −0.01
BA The Boeing Co. Reduce -80.0% 0.00% −0.00
BOH Bank of Hawaii Corp. Reduce -12.0% 0.02% −0.00
HYS PIMCO 0-5 Year H/Y Corp. Bond Reduce -0.5% 0.05% −0.00
TBNK Territorial Bancorp Inc. Sold out 0.00% −0.00
SHYG iShares 0-5 YR HY Corp. Bond Reduce -0.6% 0.04% −0.00
AON Aon PLC Class A Sold out 0.00% −0.00
T AT&T Inc. Reduce -7.1% 0.02% −0.00
PGNY Progyny Inc. Sold out 0.00% −0.00
XOS Xos Inc. Sold out 0.00% −0.00
PFE Pfizer Inc. Reduce -13.4% 0.01% −0.00
HPQ HP Inc. Reduce -6.2% 0.00% −0.00
GEHC GE Healthcare Technology Reduce -3.4% 0.00% −0.00
VTRS Viatris Inc. Reduce -39.0% 0.00% −0.00
PBR Petroleo Brasileiro-Spon ADR Reduce -74.8% 0.00% −0.00
KLG WK Kellogg Co. Reduce -50.0% 0.00% −0.00
SOLV Solventum Corp. Sold out 0.00% −0.00
MT Arcelormittal-NY Registered Sold out 0.00% −0.00
CTO Cto Realty Growth Inc. Sold out 0.00% −0.00
DXCM Dexcom Inc. Sold out 0.00% −0.00
JEPI JPMorgan Equity Premium Inco Sold out 0.00% −0.00
WBD Warner Bros Discovery Inc. Reduce -7.5% 0.00% −0.00
DXC DXC Technology Co. Reduce -6.8% 0.00% 0.00
OGN Organon & Co. Sold out 0.00% 0.00
STEM Stem Inc. Reduce -0.8% 0.00% 0.00
23ANDME HOLDING CO Sold out 0.00% 0.00
WAB Wabtec Corp. Reduce -2.2% 0.00% 0.00
GE General Electric Reduce -3.3% 0.03% +0.00
GEV GE Vernova Inc. Reduce -3.3% 0.02% +0.00
JPM JPMorgan Chase & Co. Reduce -1.7% 0.34% +0.02
IEFA iShares Core MSCI Eafe ETF Reduce -0.8% 20.71% +0.06
IEMG iShares Core MSCI Emerging Reduce -0.5% 4.79% +0.07
EMXC iShares MSCI Emr MRK Ex Chna Reduce -0.8% 3.25% +0.14
IVV iShares Core S&P 500 ETF Reduce -0.5% 47.66% +0.38

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +0.1% 0.99% +0.22
MSFT Microsoft Corp. Add +0.0% 0.54% +0.09
VONG Vanguard Russell 1000 Growth Add +6.7% 0.57% +0.07
ACWI iShares MSCI Acwi ETF Add +6.7% 0.33% +0.02
BAC Bank of America Corp. Add +0.0% 0.09% +0.01
SHOP Shopify Inc. Class A Add +18.1% 0.03% +0.01
IBM Intl Business Machines Corp. Add +0.3% 0.07% +0.00
HOPE Hope Bancorp Inc. New 0.00% +0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.13% +0.00
NKE Nike Inc. Class B Add +0.1% 0.03% +0.00
F Ford Motor Co. Add +0.8% 0.01% +0.00
CTVA Corteva Inc. Add +0.2% 0.01% +0.00
PKST Peakstone Realty Trust New 0.00% +0.00
MGA Magna International Inc. Add +0.6% 0.01% +0.00
QQQM Invesco Nasdaq 100 ETF Add +1.0% 0.00% +0.00
CSCO Cisco Systems Inc. Add +0.4% 0.00% +0.00
IWR iShares Russell Mid-Cap ETF New 0.00% +0.00
AOA iShares Core 80/20 Aggressiv Add +0.7% 0.01% +0.00
LTBR Lightbridge Corp. New 0.00% +0.00
NVO Novo-Nordisk A/S-Spons ADR Add +66.7% 0.00% +0.00
AVDV Avantis Intl S/C Value ETF New 0.00% 0.00
CPB The Campbell's Company New 0.00% 0.00
EFA iShares MSCI Eafe ETF Add +1.7% 0.00% 0.00
ITA iShares U.S. Aerospace & Def New 0.00% 0.00
MPC Marathon Petroleum Corp. New 0.00% 0.00
AOR iShares Core 60/40 Balanced Add +1.4% 0.01% −0.00
CPF Central Pacific Financial Co. Add +0.4% 0.01% −0.00
KO The Coca-Cola Co. Add +0.3% 0.00% −0.00
AMGN Amgen Inc. Add +0.8% 0.00% −0.00
DD Dupont DE Nemours Inc. Add +0.3% 0.01% −0.00
GNTX Gentex Corp. Add +0.3% 0.01% −0.00
XOM Exxon Mobil Corp. Add +0.6% 0.02% −0.00
PG The Procter & Gamble Co. Add +0.1% 0.02% −0.00
JNJ Johnson & Johnson Add +0.5% 0.07% −0.00
CVX Chevron Corp. Add +0.3% 0.02% −0.01
TM Toyota Motor Corp. -Spon ADR Add +0.1% 0.09% −0.01
GSEW Goldman Sachs Eql WGHT Large Add +0.4% 4.53% −0.01
MRSH Marsh & McLennan Cos Add +0.2% 0.05% −0.01
IJH iShares Core S&P Midcap ETF Add +0.8% 6.19% −0.04
AAPL Apple Inc. Add +0.0% 0.39% −0.07
MATX Matson Inc. Add +3.3% 0.49% −0.10

Notes & Other Activity Q1 2025 → Q2 2025
CNC Centene Corp. COM Sold out 0 $0before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 317$1.0BIVV, IEFA, IEMG, IJH, GSEW
Q1 2026 166$917.0MIVV, IEFA, IEMG, IJH, GSEW
Q4 2025 186$922.2MIVV, IEFA, IEMG, IJH, GSEW
Q3 2025 188$917.4MIVV, IEFA, IEMG, IJH, GSEW
Q2 2025 190$869.5MIVV, IEFA, IJH, MCD, IEMG
Q1 2025 195$800.2MIVV, IEFA, IJH, MCD, IEMG
Q4 2024 247$812.7MIVV, IEFA, IJH, MCD, IEMG
Q3 2024 226$826.5MIVV, IEFA, IJH, MCD, IEMG
Q2 2024 225$783.7MIVV, IEFA, IJH, IEMG, MCD
Q1 2024 226$768.2MIVV, IEFA, IJH, MCD, IEMG