CKW Financial Group

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), CKW Financial Group reported 188 stock positions worth $917.4 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 46.1% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 20.8%) and iShares Core MSCI Emerging (IEMG, 8.9%). Compared with Q2 2025, it opened 6 new positions, sold out of 8, added to 37 and reduced 17. The biggest buy was iShares Core MSCI Emerging (IEMG, shares +78%) and the biggest sale iShares MSCI Emr MRK Ex Chna (EMXC, shares −97%).

Most Recent 13F
Q2 2026
Location
HONOLULU, HI
CIK
0001600403
Portfolio Value
$917.4M (Q3 2025)
SEC Filing
0001600403-25-000007 ↗ filed Nov 13, 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 Q2 2025 Q3 2025: $917.4M $917.4M Q3 2025 Q4 2025: $922.2M Q4 2025 Q1 2026: $917.0M Q1 2026 Q2 2026: $1.0B Q2 2026

Holdings 188 stocks · $917.4M
IVV iShares Core S&P 500 ETF 46.12% 629,717 $423.1M Reduce -5.7%
IEFA iShares Core MSCI Eafe ETF 20.77% 2,168,158 $190.6M Add +0.3%
IEMG iShares Core MSCI Emerging 8.95% 1,235,626 $82.1M Add +78.2%
IJH iShares Core S&P Midcap ETF 6.47% 906,713 $59.4M Add +5.8%
GSEW Goldman Sachs Eql WGHT Large 4.50% 485,031 $41.2M Add +1.3%
MCD McDonald's Corp. 4.43% 135,141 $40.6M Reduce -4.3%
VEU Vanguard Ftse All-World Ex-U 2.28% 290,635 $20.9M Add +56.2%
NVDA Nvidia Corp. 1.12% 54,865 $10.3M Reduce -2.5%
VONG Vanguard Russell 1000 Growth 0.58% 43,854 $5.3M Reduce -3.6%
MSFT Microsoft Corp. 0.55% 9,715 $5.0M Add +1.1%
AAPL Apple Inc. 0.45% 16,269 $4.2M Reduce -0.4%
MATX Matson Inc. 0.40% 37,436 $3.7M No change
AMZN Amazon.com Inc. 0.40% 16,607 $3.7M Reduce -26.1%
ACWI iShares MSCI Acwi ETF 0.34% 22,668 $3.1M Add +2.7%
JPM JPMorgan Chase & Co. 0.32% 9,449 $2.9M Reduce -7.8%
GOOGL Alphabet Inc. Class A 0.20% 7,337 $1.8M Reduce -23.9%
BRK.B Berkshire Hathaway Inc. Class B 0.15% 2,764 $1.4M Add +3.1%
SPY SS SPDR S&P 500 ETF Trust-US 0.13% 1,802 $1.2M Add +0.2%
EMXC iShares MSCI Emr MRK Ex Chna 0.11% 15,458 $1.1M Reduce -96.5%
COST Costco Wholesale Corp. 0.10% 1,022 $938K No change
TM Toyota Motor Corp. -Spon ADR 0.09% 4,521 $867K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.09% 16,184 $820K Reduce -0.0%
FHB First Hawaiian Inc. 0.09% 32,600 $800K No change
JNJ Johnson & Johnson 0.09% 4,192 $780K Add +0.4%
ACWV iShares MSCI Global Min Vol 0.06% 4,959 $595K Reduce -0.7%
LIN Linde PLC 0.06% 1,213 $566K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 1,949 $558K Add +0.3%
LLY Eli Lilly & Co. 0.05% 602 $497K No change
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.05% 4,423 $422K Add +5.6%
SHYG iShares 0-5 YR HY Corp. Bond 0.04% 9,469 $408K Add +7.4%
MRSH Marsh & McLennan Cos 0.04% 1,952 $393K Add +0.2%
GE General Electric filed as GE AEROSPACE 0.04% 1,073 $323K No change
ALEX Alexander & Baldwin Inc. 0.03% 16,785 $304K Reduce -11.6%
TXN Texas Instruments Inc. 0.03% 1,605 $290K No change
SHOP Shopify Inc. Class A 0.03% 1,933 $289K No change
TSLA Tesla Inc. 0.03% 600 $276K No change
NKE Nike Inc. Class B 0.03% 3,371 $250K Add +0.1%
TSM Taiwan Semiconductor-SP ADR 0.03% 850 $245K No change
MNST Monster Beverage Corp. 0.03% 3,600 $243K No change
AMD Advanced Micro Devices 0.03% 1,425 $234K No change
NFLX Netflix Inc. 0.03% 200 $234K No change
VZ Verizon Communications Inc. 0.03% 5,255 $230K Add +1.0%
INTC Intel Corp. 0.02% 6,002 $216K No change
CVX Chevron Corp. 0.02% 1,296 $200K Add +0.1%
META Meta Platforms Inc. Class A 0.02% 277 $199K No change
SBUX Starbucks Corp. 0.02% 2,080 $176K No change
PG The Procter & Gamble Co. 0.02% 1,110 $170K Add +0.1%
GEV GE Vernova Inc. 0.02% 267 $162K No change
VWO Vanguard Ftse Emerging Marke 0.02% 2,756 $150K Reduce -0.5%
C Citigroup Inc. 0.02% 1,500 $148K No change
XOM Exxon Mobil Corp. 0.02% 1,325 $148K Add +0.6%
F Ford Motor Co. filed as FORD MTR CO 0.01% 11,220 $138K Add +0.7%
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 0.01% 2,097 $136K Reduce -4.9%
AFL Aflac Inc. 0.01% 1,210 $134K No change
T AT&T Inc. 0.01% 4,722 $130K Add +1.1%
HE Hawaiian Electric Inds 0.01% 11,578 $128K No change
CPF Central Pacific Financial Co. 0.01% 4,051 $122K Add +0.3%
QQQ Invesco QQQ Trust Series 1 0.01% 201 $121K No change
MOD Modine Manufacturing Co. 0.01% 750 $111K No change
WMT Walmart Inc. 0.01% 1,050 $107K No change
IYW iShares Ustechnology ETF 0.01% 540 $106K No change
AVGO Broadcom Inc. 0.01% 300 $100K No change
ALL Allstate Corp. 0.01% 450 $95K No change
TRV The Travelers Cos Inc. 0.01% 344 $95K No change
AOR iShares Core 60/40 Balanced 0.01% 1,400 $90K Add +1.5%
HUBS HubSpot Inc. 0.01% 203 $89K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.01% 1,040 $84K No change
DSU BlackRock Debt Strategies 0.01% 7,711 $82K No change
DELL Dell Technologies -C 0.01% 541 $81K No change
GNTX Gentex Corp. 0.01% 2,834 $79K Add +0.3%
MGA Magna International Inc. 0.01% 1,490 $71K Add +0.5%
AOA iShares Core 80/20 Aggressiv 0.01% 757 $67K Add +0.7%
CARR Carrier Global Corp. 0.01% 1,102 $66K No change
ICSH iShares Ultra Short Duration 0.01% 1,282 $65K No change
CTVA Corteva Inc. 0.01% 993 $61K Add +0.1%
DD Dupont DE Nemours Inc. 0.01% 766 $60K Add +0.1%
PFE Pfizer Inc. 0.01% 1,775 $48K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.00% 500 $43K No change
V Visa Inc. Class A 0.00% 125 $43K No change
WTW Willis Towers Watson PLC 0.00% 121 $42K No change
FCX Freeport-McMoran Inc. 0.00% 1,052 $41K No change
AMGN Amgen Inc. 0.00% 126 $38K No change
CSCO Cisco Systems Inc. 0.00% 521 $36K Add +0.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 317 $36K No change
DUK Duke Energy Corp. 0.00% 288 $35K No change
ADBE Adobe Inc. 0.00% 100 $34K No change
QQQM Invesco Nasdaq 100 ETF 0.00% 111 $28K Add +5.7%
MSI Motorola Solutions Inc. 0.00% 60 $27K No change
VNQ Vanguard Real Estate ETF 0.00% 300 $27K No change
A Agilent Technologies Inc. 0.00% 187 $26K No change
BXSL Blackstone Secured Lending F 0.00% 1,000 $26K No change
GEHC GE Healthcare Technology 0.00% 346 $26K No change
HPQ HP Inc. 0.00% 957 $26K No change
EEMV iShares MSCI Emg MKT Min Vol 0.00% 412 $26K No change
GOOG Alphabet Inc. Class C 0.00% 100 $25K Reduce -98.6%
KO The Coca-Cola Co. 0.00% 377 $25K Add +0.3%
HPE Hewlett Packard Enterprise 0.00% 984 $25K No change
SDIV Global X Superdividend ETF 0.00% 1,000 $24K No change
AMAT Applied Materials Inc. 0.00% 100 $22K No change
WBD Warner Bros Discovery Inc. 0.00% 1,056 $20K No change
IONQ Ionq Inc. 0.00% 301 $19K Add +4.5%
IGSB iShares 1-5Y Inv Grade Corp. 0.00% 333 $18K No change
EFA iShares MSCI Eafe ETF 0.00% 181 $17K No change
RTX RTX Corp. 0.00% 104 $17K No change
KEYS Keysight Technologies Inc. 0.00% 90 $16K No change
MU Micron Technology Inc. 0.00% 90 $16K No change
RKLB Rocket Lab Corp. 0.00% 331 $16K No change
MMM 3M Co. 0.00% 100 $16K No change
BIIB Biogen Inc. 0.00% 100 $15K No change
FBTC Fidelity Wise Origin Bitcoin 0.00% 138 $14K Add +56.8%
SONY Sony Group Corp. - SP ADR 0.00% 500 $14K No change
BP BP PLC-Spons ADR 0.00% 370 $13K No change
DOW Dow Inc. 0.00% 552 $13K No change
KMB Kimberly-Clark Corp. 0.00% 107 $13K Add +0.9%
FXI iShares China Large-Cap ETF 0.00% 300 $12K No change
MDY State Street SPDR S&P Midcap 0.00% 20 $12K No change
BA The Boeing Co. 0.00% 50 $11K No change
FTEC Fidelity MSCI Info Tech Indx 0.00% 50 $11K No change
FMDE Fidelity Enhanced Mid Cap Co. 0.00% 316 $11K No change
HOPE Hope Bancorp Inc. 0.00% 1,000 $11K Reduce -65.6%
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
ANF Abercrombie & Fitch Co. Class A 0.00% 100 $9K No change
FETH Fidelity Ethereum Fund 0.00% 210 $9K Add +31.3%
MRK Merck & Co. Inc. 0.00% 100 $9K No change
WAB Wabtec Corp. 0.00% 45 $9K No change
FELV Fidelity Enh LRG Cap Val ETF 0.00% 236 $8K No change
ZM Zoom Communications Inc. 0.00% 100 $8K No change
ABBV Abbvie Inc. 0.00% 30 $7K No change
AR Antero Resources Corp. 0.00% 198 $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 No change
COO The Cooper Cos Inc. 0.00% 93 $6K No change
ACWX iShares MSCI Acwi Ex US ETF 0.00% 90 $6K No change
KD Kyndryl Holdings Inc. 0.00% 215 $6K No change
REGN Regeneron Pharmaceuticals 0.00% 10 $6K No change
RIVN Rivian Automotive Inc. Class A 0.00% 440 $6K No change
JOBY Joby Aviation Inc. 0.00% 300 $5K No change
FESM Fidelity Enhanced Small Cap 0.00% 96 $4K No change
NVO Novo-Nordisk A/S-Spons ADR 0.00% 60 $4K Add +20.0%
SNAP Snap Inc. Class A 0.00% 520 $4K No change
STEM Stem Inc. 0.00% 192 $4K No change
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.00% 500 $3K No change
DVA Davita Inc. 0.00% 25 $3K Reduce -28.6%
DJT Trump Media & Technology Gro 0.00% 162 $3K No change
ET Energy Transfer LP 0.00% 200 $3K Add +100.0%
LEGR First Trust Indxx Innovative 0.00% 50 $3K New
CSGP Costar Group Inc. 0.00% 20 $2K No change
ETHE Grayscale Ethereum Staking E 0.00% 50 $2K New
MCHP Microchip Technology Inc. 0.00% 25 $2K No change
SU Suncor Energy Inc. 0.00% 50 $2K No change
TWST Twist Bioscience Corp. 0.00% 80 $2K No change
UBER Uber Technologies Inc. 0.00% 25 $2K No change
ZEO Zeo Energy Corp. 0.00% 1,527 $2K New
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 No change
FTEK Fuel Tech Inc. 0.00% 200 $1K No change
IAU iShares Gold Trust 0.00% 9 $1K No change
EMB iShares JP Morgan Usd Emergi 0.00% 14 $1K No change
IXUS iShares Core Intl Stock ETF 0.00% 9 $1K New
KHC The Kraft Heinz Co. 0.00% 50 $1K No change
LTBR Lightbridge Corp. 0.00% 50 $1K No change
PBR Petroleo Brasileiro-Spon ADR 0.00% 59 $1K No change
PLUG Plug Power Inc. 0.00% 200 $1K No change
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.00% 20 $1K No change
VCIT Vanguard Int-Term Corporate 0.00% 8 $1K No change
VOO Vanguard S&P 500 ETF 0.00% 2 $1K New
WDC Western Digital Corp. 0.00% 5 $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 No change
AVNS Avanos Medical Inc. 0.00% 12 $0 No change
CPB The Campbell's Company 0.00% 4 $0 No change
IJR iShares Core S&P Small-Cap E 0.00% 1 $0 New
MPC Marathon Petroleum Corp. 0.00% 1 $0 No change
PYPL PayPal Holdings Inc. 0.00% 5 $0 No change
PEP Pepsico Inc. 0.00% 1 $0 No change
SNDK Sandisk Corp. 0.00% 1 $0 No change
TRIP Tripadvisor Inc. 0.00% 25 $0 No change
UPS United Parcel Service Class B 0.00% 5 $0 No change
VGZ Vista Gold Corp. 0.00% 25 $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 Q2 2025 → Q3 2025
EMXC iShares MSCI Emr MRK Ex Chna Reduce -96.5% 0.11% −3.14
IVV iShares Core S&P 500 ETF Reduce -5.7% 46.12% −1.55
MCD McDonald's Corp. Reduce -4.3% 4.43% −0.40
AMZN Amazon.com Inc. Reduce -26.1% 0.40% −0.17
GOOG Alphabet Inc. Class C Reduce -98.6% 0.00% −0.14
JPM JPMorgan Chase & Co. Reduce -7.8% 0.32% −0.02
OXY Occidental Petroleum Corp. Sold out 0.00% −0.02
ALEX Alexander & Baldwin Inc. Reduce -11.6% 0.03% −0.01
ACWV iShares MSCI Global Min Vol Reduce -0.7% 0.06% −0.00
BOH Bank of Hawaii Corp. Reduce -4.9% 0.01% −0.00
HOPE Hope Bancorp Inc. Reduce -65.6% 0.00% −0.00
VEA Vanguard Ftse Developed ETF Sold out 0.00% −0.00
VTEB Vanguard Tax-Exempt Bond ETF Sold out 0.00% −0.00
PKST Peakstone Realty Trust Sold out 0.00% −0.00
BAC Bank of America Corp. Reduce -0.0% 0.09% −0.00
DVA Davita Inc. Reduce -28.6% 0.00% −0.00
KLG WK Kellogg Co. Sold out 0.00% −0.00
IWR iShares Russell Mid-Cap ETF Sold out 0.00% −0.00
XLV SS Health Care Select Sector Sold out 0.00% −0.00
ITA iShares U.S. Aerospace & Def Sold out 0.00% 0.00
VWO Vanguard Ftse Emerging Marke Reduce -0.5% 0.02% +0.00
GOOGL Alphabet Inc. Class A Reduce -23.9% 0.20% +0.00
VONG Vanguard Russell 1000 Growth Reduce -3.6% 0.58% +0.01
AAPL Apple Inc. Reduce -0.4% 0.45% +0.06
NVDA Nvidia Corp. Reduce -2.5% 1.12% +0.13

Portfolio Buys Q2 2025 → Q3 2025
IEMG iShares Core MSCI Emerging Add +78.2% 8.95% +4.16
VEU Vanguard Ftse All-World Ex-U Add +56.2% 2.28% +0.84
IJH iShares Core S&P Midcap ETF Add +5.8% 6.47% +0.29
IEFA iShares Core MSCI Eafe ETF Add +0.3% 20.77% +0.06
ACWI iShares MSCI Acwi ETF Add +2.7% 0.34% +0.02
JNJ Johnson & Johnson Add +0.4% 0.09% +0.01
MSFT Microsoft Corp. Add +1.1% 0.55% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Add +0.2% 0.13% +0.00
GNTX Gentex Corp. Add +0.3% 0.01% +0.00
SHYG iShares 0-5 YR HY Corp. Bond Add +7.4% 0.04% +0.00
MGA Magna International Inc. Add +0.5% 0.01% +0.00
IONQ Ionq Inc. Add +4.5% 0.00% +0.00
FBTC Fidelity Wise Origin Bitcoin Add +56.8% 0.00% +0.00
F Ford Motor Co. Add +0.7% 0.01% +0.00
HYS PIMCO 0-5 Year H/Y Corp. Bond Add +5.6% 0.05% +0.00
FETH Fidelity Ethereum Fund Add +31.3% 0.00% +0.00
LEGR First Trust Indxx Innovative New 0.00% +0.00
QQQM Invesco Nasdaq 100 ETF Add +5.7% 0.00% +0.00
CVX Chevron Corp. Add +0.1% 0.02% +0.00
DD Dupont DE Nemours Inc. Add +0.1% 0.01% +0.00
ETHE Grayscale Ethereum Staking E New 0.00% +0.00
ZEO Zeo Energy Corp. New 0.00% +0.00
ET Energy Transfer LP Add +100.0% 0.00% +0.00
AOA iShares Core 80/20 Aggressiv Add +0.7% 0.01% +0.00
IXUS iShares Core Intl Stock ETF New 0.00% +0.00
NVO Novo-Nordisk A/S-Spons ADR Add +20.0% 0.00% +0.00
VOO Vanguard S&P 500 ETF New 0.00% +0.00
CPF Central Pacific Financial Co. Add +0.3% 0.01% 0.00
IJR iShares Core S&P Small-Cap E New 0.00% 0.00
AOR iShares Core 60/40 Balanced Add +1.5% 0.01% 0.00
CSCO Cisco Systems Inc. Add +0.4% 0.00% −0.00
KMB Kimberly-Clark Corp. Add +0.9% 0.00% −0.00
KO The Coca-Cola Co. Add +0.3% 0.00% −0.00
XOM Exxon Mobil Corp. Add +0.6% 0.02% −0.00
BRK.B Berkshire Hathaway Inc. Class B Add +3.1% 0.15% −0.00
VZ Verizon Communications Inc. Add +1.0% 0.03% −0.00
NKE Nike Inc. Class B Add +0.1% 0.03% −0.00
T AT&T Inc. Add +1.1% 0.01% −0.00
CTVA Corteva Inc. Add +0.1% 0.01% −0.00
PG The Procter & Gamble Co. Add +0.1% 0.02% −0.00
IBM Intl Business Machines Corp. Add +0.3% 0.06% −0.00
MRSH Marsh & McLennan Cos Add +0.2% 0.04% −0.01
GSEW Goldman Sachs Eql WGHT Large Add +1.3% 4.50% −0.04

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