CWA Asset Management Group, LLC
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 14, 2026), CWA Asset Management Group, LLC reported 693 stock positions worth $3.3 billion. Its top holding was Nvidia (NVDA) at 6.1% of the portfolio, followed by Apple (AAPL, 5.1%) and Microsoft (MSFT, 2.4%). Compared with Q1 2026, it opened 95 new positions, sold out of 47, added to 354 and reduced 209. The biggest buy was Vanguard Int-Term Corporate (VCIT, shares +68%) and the biggest sale Orla Mining (ORLA, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- NAPLES, FL
- CIK
- 0001667134
- Portfolio Value
- $3.3B (Q2 2026)
- SEC Filing
- 0001667134-26-000004 ↗ filed Jul 14, 2026
Holdings Value
Holdings 693 stocks · $3.3B
| NVDA Nvidia Corp. | 6.15% | 999,798 | $200.0M | Add +0.2% |
| AAPL Apple Inc. | 5.15% | 579,127 | $167.6M | Add +1.0% |
| MSFT Microsoft Corp. | 2.37% | 206,608 | $77.1M | Add +2.6% |
| SHY iShares 1-3 Year Treasury Bo | 2.13% | 843,777 | $69.3M | Reduce -3.9% |
| VCIT Vanguard Int-Term Corporate | 2.04% | 804,327 | $66.5M | Add +68.2% |
| CAPITOL SER TR | 1.83% | 2,380,804 | $59.6M | Add +42.3% |
| AMZN Amazon.com Inc. | 1.77% | 242,287 | $57.7M | Reduce -0.5% |
| TPL Texas Pacific Land Corp. | 1.72% | 127,627 | $55.9M | Add +51.3% |
| GOOG Alphabet Inc. Class C | 1.71% | 157,285 | $55.6M | Add +0.5% |
| TS Tenaris SA-ADR | 1.68% | 987,291 | $54.8M | Add +94.9% |
| GOOGL Alphabet Inc. Class A | 1.61% | 146,951 | $52.5M | Add +4.0% |
| RIG Transocean Ltd. | 1.31% | 8,688,877 | $42.5M | Add +66.9% |
| VTI VG Morningstar TS MKT ETF-US | 1.24% | 109,459 | $40.5M | Add +6.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.21% | 78,903 | $39.5M | Add +1.8% |
| GLD SPDR Gold Shares | 1.02% | 90,238 | $33.2M | Reduce -31.0% |
| JPM JPMorgan Chase & Co. | 1.00% | 99,413 | $32.5M | Add +2.5% |
| META Meta Platforms Inc. Class A | 0.95% | 55,048 | $31.0M | Add +1.6% |
| COST Costco Wholesale Corp. | 0.95% | 33,082 | $30.9M | Reduce -0.8% |
| JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F | 0.94% | 601,091 | $30.7M | Add +10.9% |
| AVGO Broadcom Inc. | 0.88% | 76,199 | $28.8M | Reduce -4.3% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.87% | 310,570 | $28.5M | Reduce -20.7% |
| NE Noble Corp. PLC | 0.86% | 746,959 | $27.9M | Add +5.5% |
| JNJ Johnson & Johnson | 0.76% | 97,695 | $24.8M | Add +0.9% |
| GLW Corning Inc. | 0.76% | 97,057 | $24.8M | Add +0.6% |
| ERIE Erie Indemnity Company Class A | 0.67% | 91,110 | $21.8M | New |
| ABBV Abbvie Inc. | 0.67% | 86,259 | $21.7M | Add +3.5% |
| CCJ Cameco Corp. | 0.64% | 205,827 | $21.0M | Reduce -0.9% |
| V Visa Inc. Class A | 0.63% | 59,923 | $20.6M | Reduce -8.9% |
| SO The Southern Co. | 0.63% | 214,338 | $20.5M | Add +2.6% |
| CLB Core Laboratories Inc. | 0.63% | 1,755,085 | $20.4M | Add +0.8% |
| LRCX Lam Research Corp. | 0.63% | 46,999 | $20.4M | Reduce -5.2% |
| IVV iShares Core S&P 500 ETF | 0.60% | 25,990 | $19.5M | Add +1.5% |
| MELI MercadoLibre Inc. | 0.59% | 11,340 | $19.2M | Add +162.5% |
| SMMD iShares Russell 2500 ETF | 0.58% | 205,082 | $18.8M | Add +9.6% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.56% | 184,858 | $18.4M | Reduce -2.8% |
| CAH Cardinal Health Inc. | 0.56% | 76,980 | $18.3M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.53% | 23,170 | $17.3M | Add +7.0% |
| JBL Jabil Inc. | 0.52% | 43,636 | $16.8M | Add +0.5% |
| DUK Duke Energy Corp. | 0.51% | 131,791 | $16.7M | Add +0.6% |
| GS Goldman Sachs Group Inc. | 0.51% | 16,397 | $16.6M | Reduce -1.0% |
| RS Reliance Inc. | 0.49% | 43,053 | $16.1M | Reduce -0.5% |
| WDC Western Digital Corp. | 0.49% | 24,730 | $15.8M | Add +4.6% |
| MO Altria Group Inc. | 0.49% | 219,505 | $15.8M | Add +1.1% |
| SEB Seaboard Corp. | 0.48% | 3,495 | $15.6M | Reduce -0.9% |
| DE Deere & Co. | 0.46% | 23,679 | $15.0M | Reduce -0.2% |
| SHV iShares 0-1 Year Treasury Bo | 0.45% | 133,320 | $14.7M | Add +21.3% |
| PLTR Palantir Technologies Inc. Class A | 0.43% | 120,456 | $14.1M | Reduce -4.1% |
| WPM Wheaton Precious Metals Corp. | 0.43% | 124,002 | $13.9M | Add +3527.9% |
| CASY Casey's General Stores Inc. | 0.42% | 17,057 | $13.6M | Reduce -2.4% |
| MSB Mesabi Trust | 0.40% | 518,974 | $13.1M | Add +16.0% |
| CSCO Cisco Systems Inc. | 0.40% | 110,411 | $13.0M | Add +2.5% |
| PSA Public Storage | 0.39% | 39,968 | $12.7M | Add +0.1% |
| TSLA Tesla Inc. | 0.39% | 29,807 | $12.5M | Reduce -2.9% |
| VEA Vanguard Ftse Developed ETF | 0.36% | 163,511 | $11.7M | Add +7.4% |
| GM General Motors Co. | 0.34% | 145,540 | $11.2M | Add +7.7% |
| C Citigroup Inc. | 0.34% | 78,722 | $11.0M | Reduce -8.4% |
| QCOM Qualcomm Inc. | 0.34% | 59,588 | $11.0M | Reduce -35.6% |
| GRMN Garmin Ltd. | 0.34% | 45,935 | $10.9M | Reduce -1.3% |
| MUB iShares National Muni Bond E | 0.33% | 100,214 | $10.8M | Add +13.7% |
| XLC SS Comm Select Sector SPDR | 0.33% | 100,543 | $10.8M | Reduce -0.3% |
| MA Mastercard Inc. Class A | 0.33% | 20,910 | $10.7M | Add +152.6% |
| IBKR Interactive Brokers Gro Class A | 0.33% | 122,486 | $10.7M | Add +0.4% |
| ORLA Orla Mining Ltd. filed as ORLA MNG LTD NEW | 0.33% | 1,088,699 | $10.7M | Reduce -52.7% |
| BAC Bank of America Corp. | 0.33% | 186,197 | $10.6M | Add +7.8% |
| AGI Alamos Gold Inc. Class A | 0.32% | 345,801 | $10.5M | Add +10.3% |
| BMY Bristol-Myers Squibb Co. | 0.32% | 179,351 | $10.3M | Add +6.9% |
| SII Sprott Inc. | 0.30% | 88,339 | $9.9M | Add +54.0% |
| LMT Lockheed Martin Corp. | 0.30% | 19,198 | $9.8M | Reduce -0.3% |
| AEM Agnico Eagle Mines Ltd. | 0.30% | 62,708 | $9.7M | Add +9.2% |
| VOO Vanguard S&P 500 ETF | 0.30% | 14,162 | $9.7M | Add +2.1% |
| HUBB Hubbell Inc. | 0.29% | 18,111 | $9.5M | Add +0.2% |
| INCY Incyte Corp. | 0.29% | 83,249 | $9.4M | Add +8.4% |
| MGA Magna International Inc. | 0.29% | 142,741 | $9.4M | Add +6.2% |
| ORCL Oracle Corp. | 0.28% | 63,039 | $9.2M | Add +0.7% |
| CMI Cummins Inc. | 0.28% | 12,953 | $9.2M | Reduce -0.2% |
| AMAT Applied Materials Inc. | 0.28% | 12,639 | $9.1M | Add +12.5% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.28% | 113,436 | $9.0M | Reduce -11.1% |
| LLY Eli Lilly & Co. | 0.27% | 7,425 | $8.9M | Add +9.8% |
| RTX RTX Corp. | 0.27% | 45,538 | $8.6M | Reduce -2.1% |
| GLRE Greenlight Capital Re Ltd. Class A | 0.26% | 532,059 | $8.6M | Reduce -54.1% |
| PLD Prologis Inc. | 0.26% | 63,251 | $8.6M | Add +1.3% |
| BX Blackstone Inc. | 0.26% | 71,886 | $8.5M | Reduce -1.0% |
| ZM Zoom Communications Inc. | 0.26% | 96,685 | $8.3M | Add +11.5% |
| MU Micron Technology Inc. | 0.25% | 7,175 | $8.3M | Add +14.4% |
| BIIB Biogen Inc. | 0.25% | 38,127 | $8.2M | Add +9.5% |
| CAT Caterpillar Inc. | 0.25% | 7,727 | $8.2M | Reduce -4.4% |
| RJF Raymond James Financial Inc. | 0.25% | 53,655 | $8.2M | Reduce -0.1% |
| GILD Gilead Sciences Inc. | 0.25% | 63,399 | $8.0M | Add +7.2% |
| FCN Fti Consulting Inc. | 0.25% | 53,706 | $8.0M | Reduce -7.5% |
| AMD Advanced Micro Devices | 0.24% | 13,553 | $7.9M | Reduce -11.3% |
| FHN First Horizon Corp. | 0.24% | 306,050 | $7.8M | Add +39.1% |
| PG The Procter & Gamble Co. | 0.24% | 53,343 | $7.8M | Reduce -1.9% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.24% | 3,931 | $7.8M | Add +2296.9% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.24% | 166,985 | $7.8M | Add +2.5% |
| TXN Texas Instruments Inc. | 0.24% | 26,007 | $7.8M | Add +1.9% |
| ADSK Autodesk Inc. | 0.24% | 39,651 | $7.7M | Add +109.7% |
| SYF Synchrony Financial | 0.23% | 100,193 | $7.6M | Reduce -12.3% |
| IEFA iShares Core MSCI Eafe ETF | 0.23% | 78,877 | $7.6M | Reduce -3.4% |
| MOS The Mosaic Co. | 0.23% | 354,294 | $7.5M | Add +2858.9% |
| EME Emcor Group Inc. | 0.23% | 9,033 | $7.5M | Add +4.0% |
Options reported separately and not counted above: OIH calls ($9.2M), NVDA puts ($5.8M), AAPL puts ($4.6M), SPY puts ($1.6M), GOOGL puts ($1.2M), META puts ($845K), PEP puts ($718K), DIS puts ($655K), SO puts ($431K), MU puts ($231K), MSFT calls ($75K), NFLX calls ($71K), and 15 more.
Portfolio Sells Q1 2026 → Q2 2026
| ORLA Orla Mining Ltd. | Reduce -52.7% | 0.33% | −0.94 |
| GLD SPDR Gold Shares | Reduce -31.0% | 1.02% | −0.91 |
| UROY Uranium Royalty Corp. | Reduce -99.0% | 0.00% | −0.50 |
| GLRE Greenlight Capital Re Ltd. Class A | Reduce -54.1% | 0.26% | −0.42 |
| HII Huntington Ingalls Industrie | Reduce -96.5% | 0.01% | −0.39 |
| CNR Core Natural Resources Inc. | Sold out | 0.00% | −0.38 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Reduce -20.7% | 0.87% | −0.36 |
| SHY iShares 1-3 Year Treasury Bo | Reduce -3.9% | 2.13% | −0.36 |
| GROY Gold Royalty Corp. | Reduce -98.4% | 0.00% | −0.35 |
| BNY Bank of New York Mellon Corp. | Reduce -87.8% | 0.04% | −0.24 |
| INTU Intuit Inc. | Reduce -57.6% | 0.06% | −0.22 |
| VGSH Vanguard Short-Term Treasury | Reduce -86.0% | 0.03% | −0.21 |
| SEB Seaboard Corp. | Reduce -0.9% | 0.48% | −0.20 |
| PLTR Palantir Technologies Inc. Class A | Reduce -4.1% | 0.43% | −0.20 |
| COST Costco Wholesale Corp. | Reduce -0.8% | 0.95% | −0.19 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −0.17 |
| WFC Wells Fargo & Co. | Reduce -80.1% | 0.04% | −0.16 |
| HCA HCA Healthcare Inc. | Reduce -91.8% | 0.01% | −0.16 |
| YUMC Yum China Holdings Inc. | Sold out | 0.00% | −0.15 |
| AES AES Corp. | Sold out | 0.00% | −0.14 |
| FCFS Firstcash Holdings Inc. | Reduce -39.9% | 0.22% | −0.14 |
| IDXX Idexx Laboratories Inc. | Reduce -91.3% | 0.01% | −0.13 |
| CCJ Cameco Corp. | Reduce -0.9% | 0.64% | −0.13 |
| CORZ Core Scientific Inc. | Sold out | 0.00% | −0.12 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.12 |
| MUR Murphy Oil Corp. | Reduce -77.3% | 0.02% | −0.12 |
| FCN Fti Consulting Inc. | Reduce -7.5% | 0.25% | −0.11 |
| IMO Imperial Oil Ltd. | Sold out | 0.00% | −0.10 |
| LMT Lockheed Martin Corp. | Reduce -0.3% | 0.30% | −0.10 |
| ALSN Allison Transmission Holding | Sold out | 0.00% | −0.10 |
| SU Suncor Energy Inc. | Reduce -24.4% | 0.11% | −0.09 |
| ATMU Atmus Filtration Technologie | Sold out | 0.00% | −0.09 |
| UAL United Airlines Holdings Inc. | Reduce -92.2% | 0.01% | −0.09 |
| BILS SS Spdrb B 3-12M T-Bill ETF | Reduce -2.8% | 0.56% | −0.08 |
| OR Or Royalties Inc. | Sold out | 0.00% | −0.08 |
| VBIL Vanguard 0-3M T-Bill ETF | Reduce -28.3% | 0.14% | −0.08 |
| AEE Ameren Corporation | Reduce -76.8% | 0.02% | −0.07 |
| CTVA Corteva Inc. | Reduce -82.4% | 0.01% | −0.07 |
| SCHR Schwab Intermediate-Term US | Sold out | 0.00% | −0.07 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -11.1% | 0.28% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -35.6% | 0.34% | −0.07 |
| CPA Copa Holdings SA Class A | Sold out | 0.00% | −0.07 |
| FNF Fidelity National Financial | Reduce -22.4% | 0.17% | −0.07 |
| VOD Vodafone Group PLC-SP ADR | Reduce -9.9% | 0.17% | −0.07 |
| DG Dollar General Corp. | Reduce -30.8% | 0.10% | −0.07 |
| D Dominion Energy Inc. | Reduce -70.3% | 0.03% | −0.06 |
| HQY Healthequity Inc. | Sold out | 0.00% | −0.06 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.06 |
| WMT Walmart Inc. | Reduce -2.9% | 0.23% | −0.06 |
| CALM Cal-Maine Foods Inc. | Sold out | 0.00% | −0.06 |
Portfolio Buys Q1 2026 → Q2 2026
| VCIT Vanguard Int-Term Corporate | Add +68.2% | 2.04% | +0.69 |
| TS Tenaris SA-ADR | Add +94.9% | 1.68% | +0.67 |
| ERIE Erie Indemnity Company Class A | New | 0.67% | +0.67 |
| WPM Wheaton Precious Metals Corp. | Add +3527.9% | 0.43% | +0.41 |
| CAPITOL SER TR | Add +42.3% | 1.83% | +0.39 |
| TPL Texas Pacific Land Corp. | Add +51.3% | 1.72% | +0.34 |
| MELI MercadoLibre Inc. | Add +162.5% | 0.59% | +0.34 |
| GLW Corning Inc. | Add +0.6% | 0.76% | +0.31 |
| WDC Western Digital Corp. | Add +4.6% | 0.49% | +0.27 |
| ASML ASML Holding NV-NY Reg SHS | Add +2296.9% | 0.24% | +0.23 |
| GOOGL Alphabet Inc. Class A | Add +4.0% | 1.61% | +0.22 |
| MOS The Mosaic Co. | Add +2858.9% | 0.23% | +0.22 |
| ROKU Roku Inc. | New | 0.21% | +0.21 |
| LNN Lindsay Corp. | New | 0.20% | +0.20 |
| SNA Snap-on Inc. | New | 0.19% | +0.19 |
| MA Mastercard Inc. Class A | Add +152.6% | 0.33% | +0.19 |
| MU Micron Technology Inc. | Add +14.4% | 0.25% | +0.18 |
| NVDA Nvidia Corp. | Add +0.2% | 6.15% | +0.18 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 1.71% | +0.17 |
| AAPL Apple Inc. | Add +1.0% | 5.15% | +0.16 |
| SBR Sabine Royalty Trust | New | 0.16% | +0.16 |
| DVA Davita Inc. | New | 0.15% | +0.15 |
| AMAT Applied Materials Inc. | Add +12.5% | 0.28% | +0.15 |
| STT State Street Corp. | New | 0.14% | +0.14 |
| THC Tenet Healthcare Corp. | New | 0.14% | +0.14 |
| LVS Las Vegas Sands Corp. | New | 0.13% | +0.13 |
| KLAC KLA Corp. | Add +109.3% | 0.17% | +0.12 |
| RIG Transocean Ltd. | Add +66.9% | 1.31% | +0.12 |
| JBL Jabil Inc. | Add +0.5% | 0.52% | +0.12 |
| EIX Edison International | Add +234.3% | 0.18% | +0.12 |
| AER Aercap Holdings NV | New | 0.12% | +0.12 |
| VTI VG Morningstar TS MKT ETF-US | Add +6.8% | 1.24% | +0.12 |
| CSCO Cisco Systems Inc. | Add +2.5% | 0.40% | +0.11 |
| HAFN Hafnia Ltd. | New | 0.10% | +0.10 |
| SPCX Space Exploration Techn Class A | New | 0.10% | +0.10 |
| GSL Global Ship Lease Inc. Class A | New | 0.09% | +0.09 |
| INTC Intel Corp. | Add +34.9% | 0.12% | +0.09 |
| SMMD iShares Russell 2500 ETF | Add +9.6% | 0.58% | +0.09 |
| ALB Albemarle Corp. | New | 0.09% | +0.09 |
| R Ryder System Inc. | New | 0.08% | +0.08 |
| ADSK Autodesk Inc. | Add +109.7% | 0.24% | +0.08 |
| KHC The Kraft Heinz Co. | Add +87.5% | 0.19% | +0.08 |
| SNY Sanofi-ADR | New | 0.08% | +0.08 |
| FHN First Horizon Corp. | Add +39.1% | 0.24% | +0.07 |
| MD Pediatrix Medical Group Inc. | New | 0.07% | +0.07 |
| TXN Texas Instruments Inc. | Add +1.9% | 0.24% | +0.07 |
| RMBS Rambus Inc. | Add +41.8% | 0.14% | +0.07 |
| ENS Enersys | Add +40.4% | 0.16% | +0.07 |
| TTC Toro Co. | New | 0.06% | +0.06 |
| HAS Hasbro Inc. | New | 0.06% | +0.06 |
Options Activity Q1 2026 → Q2 2026
| OIH Vaneck Oil Services ETF | call | Add +8.8% | 24,800 | $9.2M |
| NVDA Nvidia Corp. | put | Add +3.6% | 29,100 | $5.8M |
| TS Tenaris SA-ADR | call | Sold out | 47,600 | $2.8Mbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -4.5% | 2,100 | $1.6M |
| IWM iShares Russell 2000 ETF | call | Sold out | 1,100 | $273Kbefore exit |
| MU Micron Technology Inc. | put | New | 200 | $231K |
| SLV iShares Silver Trust | call | Sold out | 1,300 | $89Kbefore exit |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Sold out | 100 | $65Kbefore exit |
| CRWD CrowdStrike Holdings Inc. Class A | call | Sold out | 100 | $39Kbefore exit |
| PANW Palo Alto Networks Inc. | call | Sold out | 200 | $32Kbefore exit |
| GOOGL Alphabet Inc. Class A | call | Sold out | 100 | $29Kbefore exit |
| HOOD Robinhood Markets Inc. Class A | call | Reduce -50.0% | 200 | $20K |
| NVDA Nvidia Corp. | call | Reduce -50.0% | 100 | $20K |
| QCOM Qualcomm Inc. | call | Reduce -50.0% | 100 | $18K |
| ANET Arista Networks Inc. | call | Sold out | 100 | $12Kbefore exit |
| FIGR Figure Technology Solut Class A | call | Reduce -75.0% | 100 | $3K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q1 2026 → Q2 2026
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Sold out | 189,933 | $1.7Mbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 693 | $3.3B | NVDA, AAPL, MSFT, SHY, VCIT |
| Q1 2026 | 643 | $2.9B | NVDA, AAPL, MSFT, SHY, GLD |
| Q4 2025 | 641 | $2.8B | NVDA, AAPL, MSFT, SHY, GLD |
| Q3 2025 | 659 | $2.7B | NVDA, AAPL, MSFT, SHY, GLD |
| Q2 2025 | 635 | $2.4B | NVDA, AAPL, MSFT, AMZN, BIL |
| Q1 2025 | 594 | $2.1B | AAPL, NVDA, MSFT, BIL, AMZN |
| Q4 2024 | 557 | $2.0B | NVDA, AAPL, MSFT, BIL, AMZN |
| Q3 2024 | 565 | $1.9B | NVDA, AAPL, MSFT, AMZN, COST |
| Q1 2024 | 529 | $1.6B | NVDA, AAPL, MSFT, AMZN, BRK.B |