Cwm, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), Cwm, LLC reported 5,623 stock positions worth $38.0 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 2.4% of the portfolio, followed by Ste STR SPDR PT S&P 500 ETF (SPYM, 2.3%) and Ishr CR Unvrse Usd BD ETF-Ui (IUSB, 2.1%). Compared with Q4 2025, it opened 265 new positions, sold out of 182, added to 3,091 and reduced 1,686. The biggest buy was a new position in Ish Intl CTRY Rot Act ETF (CORO) and the biggest sale iShares S&P 100 ETF (OEF, shares −87%).
- Most Recent 13F
- Q1 2026
- Location
- OMAHA, NE
- CIK
- 0001535847
- Portfolio Value
- $38.0B (Q1 2026)
- SEC Filing
- 0001580642-26-003177 ↗ filed May 14, 2026
Holdings Value
Holdings 5,623 stocks · $38.0B
| IVV iShares Core S&P 500 ETF | 2.39% | 1,394,503 | $910.9M | Reduce -2.9% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.26% | 11,255,034 | $861.5M | Add +8.7% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 2.14% | 17,616,671 | $813.7M | Add +2.5% |
| SPDW Ste STR SPDR PT DW Eu ETF | 2.12% | 17,682,357 | $807.2M | Add +13.9% |
| AAPL Apple Inc. | 1.82% | 2,730,847 | $693.1M | Add +0.8% |
| NVDA Nvidia Corp. | 1.59% | 3,473,955 | $605.9M | Add +3.0% |
| IVE iShares S&P 500 Value ETF | 1.43% | 2,566,919 | $542.0M | Reduce -0.5% |
| IVW iShares S&P 500 Growth ETF | 1.42% | 4,777,915 | $540.4M | Add +0.1% |
| CORO Ish Intl CTRY Rot Act ETF | 1.37% | 16,208,136 | $521.1M | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 1.20% | 7,830,130 | $455.6M | Reduce -2.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.17% | 682,869 | $444.1M | Add +36.0% |
| MSFT Microsoft Corp. | 1.15% | 1,186,360 | $439.2M | Add +10.8% |
| SPMO Invesco S&P 500 Momentum ETF | 1.06% | 3,591,581 | $402.7M | Add +20.0% |
| SPTI SS SPDR P Int Term TSY ETF | 0.97% | 12,847,946 | $368.2M | Add +104.3% |
| QUAL iShares MSCI USA Quality Fac | 0.95% | 1,889,343 | $362.4M | Reduce -15.9% |
| SPAB SS SPDR P Agg Bond ETF | 0.94% | 14,001,534 | $358.7M | Reduce -23.0% |
| BOND PIMCO Active Bond Exchange-T | 0.91% | 3,741,411 | $345.3M | Reduce -9.8% |
| AMZN Amazon.com Inc. | 0.89% | 1,619,786 | $337.4M | Add +5.1% |
| LGLV SPDR US LC Low Vol Idx | 0.84% | 1,783,969 | $317.7M | Reduce -1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.75% | 653,482 | $285.4M | Add +1.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.74% | 490,751 | $283.3M | Reduce -4.5% |
| GOOGL Alphabet Inc. Class A | 0.73% | 962,835 | $276.9M | Reduce -7.4% |
| MTUM iShares MSCI USA Momentum Fa | 0.72% | 1,149,067 | $275.8M | Add +0.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.72% | 2,780,818 | $272.3M | Reduce -2.2% |
| SPTM SS SPDR P S&P 1500 Comp ETF | 0.70% | 3,349,506 | $264.8M | Add +2.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.63% | 2,630,828 | $241.1M | Add +6.5% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.62% | 4,161,823 | $235.5M | Add +1.9% |
| IEMG iShares Core MSCI Emerging | 0.60% | 3,247,216 | $226.5M | Reduce -42.9% |
| EFV iShares MSCI Eafe Value ETF | 0.59% | 3,030,442 | $225.3M | Reduce -44.9% |
| TOTL SS Doubleline TR Tact ETF | 0.57% | 5,455,083 | $216.7M | Add +15.1% |
| SCHG Schwab US Large-Cap Growth | 0.55% | 7,205,154 | $209.9M | Reduce -3.4% |
| AVGO Broadcom Inc. | 0.54% | 667,208 | $206.5M | Add +2.5% |
| BILS SS Spdrb B 3-12M T-Bill ETF | 0.53% | 2,019,477 | $200.8M | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.50% | 394,551 | $189.1M | Add +2.5% |
| BAI Ishrs AI in and Tech Act ETF | 0.49% | 5,610,905 | $184.9M | Add +9.6% |
| MBB iShares MBS ETF | 0.48% | 1,927,060 | $183.0M | Add +0.9% |
| FBND Fidelity Total Bond ETF | 0.46% | 3,864,523 | $176.3M | Add +18.2% |
| WMT Walmart Inc. | 0.46% | 1,417,724 | $176.2M | Add +14.9% |
| XOM Exxon Mobil Corp. | 0.46% | 1,030,824 | $174.9M | Reduce -2.2% |
| BUFR FT Vest Lad Buffervetf-Usd I | 0.46% | 5,140,529 | $173.6M | Add +3.5% |
| GOVT iShares US Treasury Bond ETF | 0.45% | 7,549,432 | $173.0M | Add +604.7% |
| JNJ Johnson & Johnson | 0.44% | 692,270 | $169.2M | Add +5.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 854,071 | $167.6M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 0.43% | 550,203 | $161.8M | Add +2.6% |
| MINT PIMCO Enhanced Short Maturit | 0.42% | 1,603,698 | $161.3M | Reduce -4.3% |
| ULST SS Ultra Short TM Bond ETF | 0.42% | 3,949,890 | $160.0M | Add +3.9% |
| TLH iShares 10-20 Year Treasury | 0.41% | 1,558,713 | $157.0M | Reduce -2.1% |
| PVAL Putnam Focused LRG Cap Value | 0.41% | 3,343,154 | $155.1M | Add +2.9% |
| TSLA Tesla Inc. | 0.40% | 413,279 | $153.6M | Add +6.1% |
| JIRE JPMorgan Int Res Enh Eqty | 0.38% | 1,912,801 | $144.9M | Add +12.1% |
| GLD SPDR Gold Shares | 0.37% | 329,282 | $141.7M | Reduce -13.4% |
| SPEM State Street SP PTF Em ETF | 0.37% | 2,985,833 | $140.1M | Add +22.5% |
| META Meta Platforms Inc. Class A | 0.37% | 244,595 | $139.9M | Reduce -3.2% |
| IDEF Ishars Def Ind TC Ac ETF-Ui | 0.37% | 4,250,401 | $139.1M | New |
| BLCR iShares LRG CP CR Act ETF-Ui | 0.37% | 3,382,266 | $138.9M | New |
| XLK SS Technology Select Sector | 0.36% | 1,044,720 | $138.8M | Reduce -25.6% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.35% | 2,263,455 | $134.0M | Reduce -37.0% |
| GOOG Alphabet Inc. Class C | 0.35% | 464,319 | $133.2M | Add +4.0% |
| LLY Eli Lilly & Co. | 0.35% | 144,076 | $132.5M | Add +4.5% |
| PYLD PIMCO Multisector Bond Actv | 0.34% | 5,004,693 | $131.1M | Add +18.6% |
| VOO Vanguard S&P 500 ETF | 0.34% | 214,486 | $128.2M | Reduce -2.8% |
| SCHD Schwab US DVD Equity ETF | 0.33% | 4,054,445 | $124.4M | Reduce -26.4% |
| MRK Merck & Co. Inc. | 0.32% | 1,010,525 | $121.6M | Reduce -0.6% |
| FBCG Fidelity Blue Chip Grow ETF | 0.32% | 2,412,385 | $120.9M | Add +125.5% |
| AVDE Avantis International Equity | 0.32% | 1,415,086 | $120.1M | Add +23.0% |
| SPIP SS SPDR P Tips ETF | 0.31% | 4,582,105 | $119.2M | Add +12.2% |
| JGRO JPMorgan Active Growth ETF | 0.31% | 1,405,248 | $118.8M | Reduce -3.3% |
| THRO iShares U.S. Thematic Rotati | 0.31% | 3,266,015 | $118.3M | Add +0.1% |
| HEGD Swan Hedged Equity US LG Cap | 0.30% | 4,586,482 | $113.3M | Add +17.9% |
| IAGG iShares Intl Aggregate Bond | 0.30% | 2,255,829 | $112.9M | Add +3.6% |
| SCHZ Schwab US Aggregate Bond ETF | 0.29% | 4,789,548 | $111.2M | Add +19.1% |
| CORP PIMCO Inv Grade Corp. BD ETF | 0.29% | 1,138,477 | $110.2M | Add +2.7% |
| RSSB RTRN Stack GLBL STK & BD ETF | 0.29% | 3,995,437 | $108.7M | Add +5.8% |
| PG The Procter & Gamble Co. | 0.28% | 750,348 | $108.4M | Add +9.4% |
| ABBV Abbvie Inc. | 0.27% | 464,400 | $101.0M | Add +1.0% |
| CSCO Cisco Systems Inc. | 0.26% | 1,285,420 | $99.7M | Reduce -3.4% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 0.26% | 2,340,152 | $99.6M | Add +17.1% |
| RAAX Vaneck Real Assets ETF | 0.26% | 2,434,200 | $99.1M | Add +1027.3% |
| DHS Wisdomtree US High Dividend | 0.25% | 861,983 | $94.1M | Add +0.3% |
| BINC iShares Flex I A ETF-Usd Inc. | 0.25% | 1,799,492 | $93.4M | Reduce -8.9% |
| CAT Caterpillar Inc. | 0.24% | 130,235 | $92.3M | Add +11.0% |
| CTAP Simplify US Eq Plus MGD Fut | 0.24% | 3,369,085 | $90.2M | New |
| VCSH Vanguard S/T Corp. Bond ETF | 0.23% | 1,121,300 | $88.9M | Add +11.3% |
| HD Home Depot Inc. | 0.23% | 261,911 | $86.1M | Add +8.1% |
| GLDM SPDR Gold Minishares Trust | 0.22% | 922,738 | $85.5M | Reduce -0.9% |
| LDUR PIMCO Enhanced Low Duration | 0.22% | 891,772 | $85.4M | Reduce -5.1% |
| GE General Electric filed as GE AEROSPACE | 0.22% | 297,986 | $84.6M | Add +16.9% |
| QQQM Invesco Nasdaq 100 ETF | 0.22% | 354,132 | $84.1M | Add +4.8% |
| GTO Invesco Total Return Bond Et | 0.22% | 1,786,634 | $83.7M | Reduce -13.3% |
| CVX Chevron Corp. | 0.22% | 398,906 | $82.5M | Add +10.9% |
| DBND Doubleline Oppor Cor BND-Usd | 0.22% | 1,795,342 | $82.2M | Add +10.7% |
| XLE SS Energy Select Sector | 0.22% | 1,342,139 | $82.2M | Add +19.1% |
| V Visa Inc. Class A | 0.21% | 269,729 | $81.5M | Add +5.6% |
| JPST JPMorgan Ultra-Short Income | 0.21% | 1,603,139 | $81.1M | Add +43.7% |
| CGGR Cap Group Growth Equity | 0.21% | 2,002,105 | $80.5M | Reduce -11.2% |
| COST Costco Wholesale Corp. | 0.21% | 80,747 | $80.5M | Add +12.6% |
| MUB iShares National Muni Bond E | 0.21% | 751,600 | $79.8M | Add +9.3% |
| SCHF Schwab Intl Equity ETF | 0.21% | 3,218,486 | $79.7M | Add +9.7% |
| SPTL SS SPDR PF LNG TRM TSY E-Usd | 0.21% | 2,966,485 | $78.0M | Add +7.9% |
| SGOV iShares 0-3 Month Treasury B | 0.20% | 774,491 | $78.0M | Add +126.2% |
Options reported separately and not counted above: SPY puts ($14.0M), SPY calls ($1.1M), AMD calls ($103K), NVDA puts ($98K), MSFT calls ($94K), BABA calls ($67K), GDX calls ($57K), AAPL puts ($52K), GS calls ($38K), TSLA puts ($31K), LRCX calls ($28K), NVDA calls ($27K), and 14 more.
Other holdings (20): bonds, preferreds, convertibles and warrants · $1.5M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 544 | $628K | Reduce -0.4% |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 497 | $592K | Reduce -0.4% |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 2,540 | $109K | Reduce -3.5% |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | 909 | $64K | Add +1.6% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 1,812 | $44K | Reduce -18.5% |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | 900 | $10K | New |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 510 | $3K | Add +2.0% |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 326 | $743 | Add +0.9% |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | 6,724 | $609 | Add +60.0% |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 779 | $471 | Reduce -4.9% |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 75 | $290 | Reduce -9.6% |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 554 | $261 | Reduce -0.4% |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 779 | $192 | Reduce -4.9% |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 12 | $192 | No change |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 779 | $183 | Reduce -4.9% |
| SQFTW Presidio Property TRST -CW27 | *W EXP 01/24/202 | 5,124 | $102 | No change |
| DSX.WS Diana Shipping Inc.-28 | *W EXP 12/14/202 | 415 | $91 | No change |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | 12,830 | $90 | Reduce -27.4% |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | 2,629 | $21 | Reduce -8.1% |
| DFDVW Defi Development Corp. | *W EXP 01/21/202 | 3 | $2 | No change |
Lines left out (2) · $19 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| WDTE Defiance S&P 500 Weekly Dist | DEF 500 WEE ETF | 0 | $14 |
| CSD Invesco S&P Spin-Off ETF | S&P SPIN OFF | 0 | $5 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $38.0B.
Portfolio Sells Q4 2025 → Q1 2026
| OEF iShares S&P 100 ETF | Reduce -86.9% | 0.13% | −0.98 |
| EFV iShares MSCI Eafe Value ETF | Reduce -44.9% | 0.59% | −0.47 |
| IEMG iShares Core MSCI Emerging | Reduce -42.9% | 0.60% | −0.44 |
| SPAB SS SPDR P Agg Bond ETF | Reduce -23.0% | 0.94% | −0.33 |
| IVV iShares Core S&P 500 ETF | Reduce -2.9% | 2.39% | −0.27 |
| QUAL iShares MSCI USA Quality Fac | Reduce -15.9% | 0.95% | −0.26 |
| IAU iShares Gold Trust | Reduce -60.8% | 0.18% | −0.25 |
| ITA iShares U.S. Aerospace & Def | Reduce -91.6% | 0.02% | −0.24 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -37.0% | 0.35% | −0.21 |
| CTA Simplify Managed Futures St | Reduce -93.6% | 0.01% | −0.20 |
| XLK SS Technology Select Sector | Reduce -25.6% | 0.36% | −0.18 |
| SPEU State Street SPDR Portfolio | Reduce -50.3% | 0.16% | −0.18 |
| GOOGL Alphabet Inc. Class A | Reduce -7.4% | 0.73% | −0.15 |
| BOND PIMCO Active Bond Exchange-T | Reduce -9.8% | 0.91% | −0.14 |
| EMB iShares JP Morgan Usd Emergi | Reduce -94.0% | 0.01% | −0.14 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Reduce -2.3% | 1.20% | −0.12 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -4.5% | 0.74% | −0.11 |
| SCHG Schwab US Large-Cap Growth | Reduce -3.4% | 0.55% | −0.11 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -2.2% | 0.72% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -3.2% | 0.37% | −0.08 |
| SCHD Schwab US DVD Equity ETF | Reduce -26.4% | 0.33% | −0.08 |
| ORCL Oracle Corp. | Reduce -25.1% | 0.09% | −0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -49.6% | 0.08% | −0.08 |
| PFFD Global X US Preferred ETF | Reduce -92.4% | 0.01% | −0.07 |
| TEAM Atlassian Corp. Class A | Reduce -46.6% | 0.02% | −0.06 |
| CIBR First Trust Nasdaq Cybersecu | Reduce -34.7% | 0.08% | −0.06 |
| SSO Proshares Ultra S&P500 | Reduce -100.0% | 0.00% | −0.06 |
| CGGR Cap Group Growth Equity | Reduce -11.2% | 0.21% | −0.06 |
| ACN Accenture PLC Class A | Reduce -20.6% | 0.08% | −0.06 |
| IVE iShares S&P 500 Value ETF | Reduce -0.5% | 1.43% | −0.06 |
| SNOW Snowflake Inc. | Reduce -5.8% | 0.09% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -22.5% | 0.18% | −0.06 |
| JGRO JPMorgan Active Growth ETF | Reduce -3.3% | 0.31% | −0.05 |
| JEPI JPMorgan Equity Premium Inco | Reduce -17.1% | 0.20% | −0.05 |
| XAR SS SPDR S&P Aerospace Def | Reduce -39.7% | 0.08% | −0.05 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.8% | 0.19% | −0.05 |
| GTO Invesco Total Return Bond Et | Reduce -13.3% | 0.22% | −0.04 |
| EXPE Expedia Group Inc. | Reduce -36.5% | 0.04% | −0.04 |
| VOO Vanguard S&P 500 ETF | Reduce -2.8% | 0.34% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -11.4% | 0.13% | −0.04 |
| BINC iShares Flex I A ETF-Usd Inc. | Reduce -8.9% | 0.25% | −0.04 |
| LYFT LYFT Inc. Class A | Reduce -73.9% | 0.01% | −0.04 |
| IYW iShares Ustechnology ETF | Reduce -45.4% | 0.03% | −0.04 |
| GLD SPDR Gold Shares | Reduce -13.4% | 0.37% | −0.04 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.03 |
| ZM Zoom Communications Inc. | Reduce -37.1% | 0.04% | −0.03 |
| ITOT iShares Core S&P Total U.S. | Reduce -8.6% | 0.18% | −0.03 |
| ISCG iShares Morningstar Small-Ca | Reduce -95.1% | 0.00% | −0.03 |
| SPHY SS SPDR P High Yield ETF | Reduce -37.4% | 0.05% | −0.03 |
| CRM Salesforce Inc. | Reduce -0.5% | 0.07% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| CORO Ish Intl CTRY Rot Act ETF | New | 1.37% | +1.37 |
| SPTI SS SPDR P Int Term TSY ETF | Add +104.3% | 0.97% | +0.48 |
| GOVT iShares US Treasury Bond ETF | Add +604.7% | 0.45% | +0.39 |
| IDEF Ishars Def Ind TC Ac ETF-Ui | New | 0.37% | +0.37 |
| BLCR iShares LRG CP CR Act ETF-Ui | New | 0.37% | +0.37 |
| SPDW Ste STR SPDR PT DW Eu ETF | Add +13.9% | 2.12% | +0.25 |
| RAAX Vaneck Real Assets ETF | Add +1027.3% | 0.26% | +0.24 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +36.0% | 1.17% | +0.24 |
| CTAP Simplify US Eq Plus MGD Fut | New | 0.24% | +0.24 |
| XSW SS SPDR S&P Soft & Serv ETF | New | 0.17% | +0.17 |
| FBCG Fidelity Blue Chip Grow ETF | Add +125.5% | 0.32% | +0.16 |
| TCHP T Rowe Price Blue Chip Growt | Add +2627.2% | 0.16% | +0.15 |
| SGOV iShares 0-3 Month Treasury B | Add +126.2% | 0.20% | +0.11 |
| XPH SS SPDR S&P Pharma ETF | Add +363177.5% | 0.10% | +0.10 |
| PMBS PIMCO MBS Active ETF | Add +140.2% | 0.17% | +0.09 |
| SPMO Invesco S&P 500 Momentum ETF | Add +20.0% | 1.06% | +0.09 |
| WMT Walmart Inc. | Add +14.9% | 0.46% | +0.09 |
| JVAL JPMorgan US Value Factor ETF | Add +87.3% | 0.19% | +0.09 |
| XLE SS Energy Select Sector | Add +19.1% | 0.22% | +0.08 |
| JNJ Johnson & Johnson | Add +5.4% | 0.44% | +0.08 |
| CVX Chevron Corp. | Add +10.9% | 0.22% | +0.07 |
| LRCX Lam Research Corp. | Add +69.2% | 0.12% | +0.06 |
| CAT Caterpillar Inc. | Add +11.0% | 0.24% | +0.06 |
| JPST JPMorgan Ultra-Short Income | Add +43.7% | 0.21% | +0.06 |
| AVDE Avantis International Equity | Add +23.0% | 0.32% | +0.06 |
| SPEM State Street SP PTF Em ETF | Add +22.5% | 0.37% | +0.06 |
| JMST JPM Ultra-Short Muni Income | Add +121.1% | 0.10% | +0.06 |
| FBND Fidelity Total Bond ETF | Add +18.2% | 0.46% | +0.06 |
| TOTL SS Doubleline TR Tact ETF | Add +15.1% | 0.57% | +0.05 |
| FIX Comfort Systems USA Inc. | Add +16.4% | 0.13% | +0.05 |
| PFE Pfizer Inc. | Add +29.9% | 0.16% | +0.05 |
| RSSX Return Stacked US St G/B ETF | Add +237.3% | 0.07% | +0.05 |
| GEV GE Vernova Inc. | Add +30.8% | 0.11% | +0.04 |
| COST Costco Wholesale Corp. | Add +12.6% | 0.21% | +0.04 |
| MSTR Strategy Inc. | Add +550.8% | 0.05% | +0.04 |
| MU Micron Technology Inc. | Add +11.4% | 0.19% | +0.04 |
| FTI Technipfmc PLC | Add +20.3% | 0.09% | +0.04 |
| PYLD PIMCO Multisector Bond Actv | Add +18.6% | 0.34% | +0.04 |
| WDC Western Digital Corp. | Add +17.9% | 0.09% | +0.04 |
| SCHZ Schwab US Aggregate Bond ETF | Add +19.1% | 0.29% | +0.04 |
| DOW Dow Inc. | Add +469.4% | 0.04% | +0.04 |
| HYS PIMCO 0-5 Year H/Y Corp. Bond | Add +61.9% | 0.10% | +0.03 |
| JIRE JPMorgan Int Res Enh Eqty | Add +12.1% | 0.38% | +0.03 |
| NFLX Netflix Inc. | Add +29.1% | 0.15% | +0.03 |
| EIX Edison International | Add +23.1% | 0.11% | +0.03 |
| LMT Lockheed Martin Corp. | Add +4.7% | 0.16% | +0.03 |
| CMDT PIMCO Commodity Active Strat | Add +30.0% | 0.10% | +0.03 |
| HEGD Swan Hedged Equity US LG Cap | Add +17.9% | 0.30% | +0.03 |
| XTL SS SPDR S&P Telecom ETF | Add +12.9% | 0.12% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +32.9% | 0.06% | +0.03 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Add +99.4% | 348,000 | $14.0M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +2.8% | 11,100 | $1.1M |
| AMD Advanced Micro Devices | call | New | 4,000 | $103K |
| NVDA Nvidia Corp. | put | Reduce -9.1% | 10,000 | $98K |
| MSFT Microsoft Corp. | call | New | 3,000 | $94K |
| CRWV Coreweave Inc. Class A | call | Sold out | 7,500 | $81Kbefore exit |
| BABA Alibaba Group Holding-SP ADR | call | New | 6,500 | $67K |
| GDX Vaneck Gold Miners ETF | call | Add +100.0% | 4,000 | $57K |
| AAPL Apple Inc. | put | Add +106.4% | 9,700 | $52K |
| GS Goldman Sachs Group Inc. | call | New | 500 | $38K |
| TSLA Tesla Inc. | put | New | 2,300 | $31K |
| LRCX Lam Research Corp. | call | New | 1,000 | $28K |
| NVDA Nvidia Corp. | call | Reduce -25.0% | 3,000 | $27K |
| AMZN Amazon.com Inc. | put | Add +50.0% | 3,000 | $26K |
| APO Apollo Global Management Inc. | put | New | 3,600 | $25K |
| DFTX Definium Therapeutics Inc. | call | New | 1,000 | $17K |
| PFE Pfizer Inc. | call | New | 2,000 | $16K |
| EEM iShares MSCI Emerging Market | call | New | 5,000 | $15K |
| IOVA Iovance Biotherapeutics Inc. | call | New | 10,000 | $15K |
| RXRX Recursion Pharmaceuticals-A | call | New | 20,000 | $11K |
| GEV GE Vernova Inc. | put | Reduce -33.3% | 200 | $9K |
| UBER Uber Technologies Inc. | put | Sold out | 2,500 | $9Kbefore exit |
| SMCI Super Micro Computer Inc. | call | Sold out | 3,000 | $5Kbefore exit |
| AZN Astrazeneca PLC | put | Add +14.3% | 3,600 | $2K |
| ACHR Archer Aviation Inc. Class A | call | Add +100.0% | 1,000 | $1K |
| BMNR Bitmine Immersion Technologi | call | New | 100 | $188 |
| TSLA Tesla Inc. | call | New | 500 | $37 |
| DJT Trump Media & Technology Gro | put | Sold out | 100 | $0before exit |
| DKNG Draftkings Inc. Class A | call | Sold out | 500 | $0before exit |
| SOUN Soundhound AI Inc. Class A | call | Sold out | 200 | $0before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -0.4% | 544 | $628K |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -0.4% | 497 | $592K |
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -3.5% | 2,540 | $109K |
| STRATEGY INC (MSTR 8 PERP) | SERIES A PERP PF | Add +1.6% | 909 | $64K |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Reduce -18.5% | 1,812 | $44K |
| ENERGY TRANSFER LP (ET 9.25 PERP I) | 9.250% FXD PFD I | New | 900 | $10K |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | Add +2.0% | 510 | $3K |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | Add +0.9% | 326 | $743 |
| XRXDW Xerox Holdings Corp. | *W EXP 02/11/202 | Add +60.0% | 6,724 | $609 |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -4.9% | 779 | $471 |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | Reduce -9.6% | 75 | $290 |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | Reduce -0.4% | 554 | $261 |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -4.9% | 779 | $192 |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Reduce -4.9% | 779 | $183 |
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Reduce -27.4% | 12,830 | $90 |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | Reduce -8.1% | 2,629 | $21 |
| WDTE Defiance S&P 500 Weekly Dist | DEF 500 WEE ETF | Reduce -100.0% | 0 | $14 |
| EXEEL Chesapeake Energy Corp. -CW26 | *W EXP 02/09/202 | Sold out | 1 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q1 2026 | 5,623 | $38.0B | IVV, SPYM, IUSB, SPDW, AAPL |
| Q4 2025 | 5,541 | $36.9B | IVV, SPYM, IUSB, AAPL, SPDW |
| Q3 2025 | 5,462 | $33.2B | IVV, IUSB, SPYM, AAPL, QUAL |
| Q2 2025 | 5,221 | $28.4B | IUSB, IVV, SPYM, QUAL, IVW |
| Q1 2025 | 5,186 | $25.1B | IVV, IUSB, QUAL, SPYM, AAPL |
| Q4 2024 | 5,097 | $24.1B | IVV, IUSB, QUAL, AAPL, IVW |
| Q3 2024 | 5,062 | $23.2B | IVV, IUSB, QUAL, IVW, SPYM |
| Q2 2024 | 4,944 | $21.2B | IVV, IUSB, QUAL, IVW, SPYM |
| Q1 2024 | 4,743 | $20.6B | IVV, IUSB, QUAL, SPYM, IVW |