Ewa, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Ewa, LLC reported 270 stock positions worth $408.9 million. Its top holding was iShares US Equity Factor ETF (LRGF) at 12.4% of the portfolio, followed by iShares S&P 500 Value ETF (IVE, 8.6%) and iShares S&P 500 Growth ETF (IVW, 7.9%). Compared with Q3 2025, it opened 58 new positions, sold out of 18, added to 138 and reduced 69. The biggest buy was iShares S&P 500 Value ETF (IVE, shares +27%) and the biggest sale iShares MSCI USA Quality Fac (QUAL, shares −44%).

Most Recent 13F
Q2 2026
Location
PITTSBURGH, PA
CIK
0001835252
Portfolio Value
$408.9M (Q4 2025)
SEC Filing
0001835252-26-000001 ↗ filed Feb 3, 2026

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $222.5M Q1 2024 Q2 2024: $241.5M Q2 2024 Q3 2024: $279.9M Q3 2024 Q4 2024: $266.3M Q4 2024 Q1 2025: $269.0M Q1 2025 Q2 2025: $317.6M Q2 2025 Q3 2025: $361.2M Q3 2025 Q4 2025: $408.9M $408.9M Q4 2025 Q1 2026: $440.2M Q1 2026 Q2 2026: $547.4M Q2 2026

Holdings 270 stocks · $408.9M

LRGF iShares US Equity Factor ETF 12.37% 728,527 $50.6M Add +3.2%
IVE iShares S&P 500 Value ETF 8.59% 165,604 $35.1M Add +27.0%
IVW iShares S&P 500 Growth ETF 7.92% 262,719 $32.4M Add +2.2%
NVDA Nvidia Corp. 3.37% 73,864 $13.8M Add +17.0%
AAPL Apple Inc. 3.36% 50,485 $13.7M Add +57.6%
QUAL iShares MSCI USA Quality Fac 3.32% 68,318 $13.6M Reduce -43.9%
THRO iShares U.S. Thematic Rotati 2.78% 294,714 $11.4M Add +3.2%
SPMO Invesco S&P 500 Momentum ETF 2.35% 80,627 $9.6M Add +42.1%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 2.24% 197,027 $9.2M Reduce -3.9%
MSFT Microsoft Corp. 2.19% 18,495 $8.9M Add +10.0%
IJH iShares Core S&P Midcap ETF 2.14% 132,543 $8.7M Add +3.6%
BAI Ishrs AI in and Tech Act ETF 1.82% 223,760 $7.5M Add +6.5%
IVV iShares Core S&P 500 ETF 1.79% 10,665 $7.3M Add +136.3%
EMXC iShares MSCI Emr MRK Ex Chna 1.65% 92,557 $6.7M Add +5.9%
META Meta Platforms Inc. Class A 1.39% 8,633 $5.7M Add +6.7%
AMZN Amazon.com Inc. 1.28% 22,588 $5.2M Reduce -21.3%
IJR iShares Core S&P Small-Cap E 1.27% 43,192 $5.2M Add +5.0%
IEMG iShares Core MSCI Emerging 1.24% 75,234 $5.1M Add +28.6%
SHLD Global X Defense Tech ETF 1.23% 77,732 $5.0M Add +7.2%
TLH iShares 10-20 Year Treasury 1.15% 46,406 $4.7M Reduce -11.2%
IEFA iShares Core MSCI Eafe ETF 1.15% 52,700 $4.7M Reduce -1.3%
SOXX iShares Semiconductor ETF 1.11% 15,070 $4.5M Reduce -5.2%
SPY SS SPDR S&P 500 ETF Trust-US 1.09% 6,508 $4.4M Add +12.2%
IAU iShares Gold Trust 1.00% 50,606 $4.1M Reduce -2.1%
VOO Vanguard S&P 500 ETF 1.00% 6,544 $4.1M Add +34.4%
OEF iShares S&P 100 ETF 0.93% 11,027 $3.8M Add +8.5%
SCHX Schwab US Large-Cap ETF 0.85% 129,447 $3.5M Add +1209.3%
AVGO Broadcom Inc. 0.84% 9,873 $3.4M Add +6.0%
GOOG Alphabet Inc. Class C 0.81% 10,500 $3.3M Add +85.3%
TSLA Tesla Inc. 0.72% 6,540 $2.9M Add +7.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.69% 5,778 $2.8M Reduce -0.1%
CSCO Cisco Systems Inc. 0.59% 31,379 $2.4M Reduce -5.1%
GOOGL Alphabet Inc. Class A 0.59% 7,669 $2.4M Add +21.1%
BINC iShares Flex I A ETF-Usd Inc. 0.58% 45,002 $2.4M Add +19.7%
VT Vanguard Tot World STK ETF 0.57% 16,499 $2.3M Reduce -0.1%
IYW iShares Ustechnology ETF 0.56% 11,414 $2.3M Add +7.4%
PLTR Palantir Technologies Inc. Class A 0.54% 12,401 $2.2M Add +45.2%
JPM JPMorgan Chase & Co. 0.46% 5,898 $1.9M Add +11.1%
IWF iShares Russell 1000 Growth 0.44% 3,779 $1.8M Add +0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.43% 3,528 $1.8M Add +39.5%
VEA Vanguard Ftse Developed ETF 0.43% 27,941 $1.7M Add +735.3%
LLY Eli Lilly & Co. 0.42% 1,601 $1.7M Add +26.3%
USMV iShares MSCI USA Min Vol Fac 0.36% 15,632 $1.5M Add +28.1%
SPMB SS SPDR P Mort Back Bond ETF 0.36% 64,919 $1.5M Add +17.0%
CLS Celestica Inc. 0.34% 4,697 $1.4M Reduce -1.1%
COST Costco Wholesale Corp. 0.32% 1,495 $1.3M Reduce -5.3%
VCRB Vanguard Core Bond ETF 0.30% 15,586 $1.2M New
VTI VG Morningstar TS MKT ETF-US 0.27% 3,327 $1.1M Add +53.6%
DFVX Dim US Large Cap Vector ETF 0.27% 14,828 $1.1M New
MUFG Mitsubishi Ufj Finl-Spon ADR 0.26% 66,023 $1.0M Reduce -0.1%
QQQ Invesco QQQ Trust Series 1 0.25% 1,691 $1.0M Add +14.9%
WMT Walmart Inc. 0.25% 9,254 $1.0M Add +2.3%
EFV iShares MSCI Eafe Value ETF 0.25% 14,357 $1.0M Add +6.6%
MU Micron Technology Inc. 0.24% 3,489 $996K Add +2.3%
V Visa Inc. Class A 0.24% 2,823 $990K Reduce -6.2%
ICVT iShares Convertible Bond ETF 0.24% 9,877 $973K Add +10.4%
ORCL Oracle Corp. 0.23% 4,843 $944K Add +9.4%
VB Vanguard Most SM-Cap ETF-Usd 0.23% 3,610 $931K Add +0.5%
MA Mastercard Inc. Class A 0.20% 1,435 $819K Add +5.4%
XOM Exxon Mobil Corp. 0.20% 6,808 $819K Add +16.4%
EFG iShares MSCI Eafe Growth ETF 0.20% 7,166 $816K Add +0.2%
APP AppLovin Corp. Class A 0.20% 1,201 $809K Add +204.1%
KGC Kinross Gold Corp. 0.20% 28,456 $801K Reduce -4.0%
BNDX Vanguard Total Intl Bond ETF 0.19% 16,351 $790K Add +25.6%
ASRV Ameriserv Financial Inc. 0.19% 243,570 $777K Add +1.0%
SCHB Schwab US Broad Market ETF 0.19% 28,965 $760K New
APH Amphenol Corp. Class A 0.18% 5,521 $746K Add +6.5%
SCHF Schwab Intl Equity ETF 0.18% 30,256 $727K New
NFLX Netflix Inc. 0.18% 7,682 $720K Add +0.4%
BKNG Booking Holdings Inc. 0.17% 134 $715K Add +0.8%
CEG Constellation Energy 0.17% 2,005 $708K Add +1.2%
GS Goldman Sachs Group Inc. 0.17% 787 $692K Add +28.6%
ABBV Abbvie Inc. 0.17% 3,025 $691K Add +13.2%
MUB iShares National Muni Bond E 0.17% 6,373 $683K Add +59.1%
VXUS Vanguard Total Intl Stock 0.17% 8,995 $679K Add +1.8%
JNJ Johnson & Johnson 0.16% 3,217 $666K Add +9.3%
LITE Lumentum Holdings Inc. 0.16% 1,750 $645K Reduce -1.2%
SHOP Shopify Inc. Class A 0.16% 3,981 $641K Add +1.7%
NEM Newmont Corp. 0.15% 6,304 $629K Add +16.5%
AMD Advanced Micro Devices 0.15% 2,917 $625K Add +4.3%
DELL Dell Technologies -C 0.15% 4,883 $615K New
PM Philip Morris International 0.15% 3,756 $602K Add +9.5%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.14% 2,104 $587K No change
LRCX Lam Research Corp. 0.14% 3,407 $583K Add +10.0%
HOOD Robinhood Markets Inc. Class A 0.14% 5,058 $572K Add +23.7%
ANET Arista Networks Inc. 0.14% 4,227 $554K Add +0.8%
VIG Vanguard Dividend Apprec ETF 0.13% 2,471 $543K Add +65.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.13% 9,657 $531K Add +12.6%
CRM Salesforce Inc. 0.13% 1,957 $519K Reduce -1.3%
WFC Wells Fargo & Co. 0.13% 5,529 $515K Add +1.4%
GE General Electric filed as GE AEROSPACE 0.13% 1,670 $514K Add +7.7%
CAT Caterpillar Inc. 0.13% 894 $512K Add +10.2%
HD Home Depot Inc. 0.12% 1,434 $493K Add +2.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.12% 1,645 $487K Add +4.2%
TSM Taiwan Semiconductor-SP ADR 0.12% 1,583 $481K Add +4.8%
RSP Invesco S&P 500 Equal Weight 0.12% 2,486 $476K New
INTU Intuit Inc. 0.11% 701 $464K Add +0.9%
CVNA Carvana Co. 0.11% 1,076 $454K Add +10.7%
HELO JPMorgan Hedged Equity ETF 0.11% 6,713 $446K Add +0.2%
BUFR FT Vest Lad Buffervetf-Usd I 0.11% 12,898 $442K No change
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.11% 1,730 $435K Add +0.5%
KLAC KLA Corp. 0.11% 356 $432K Add +4.7%
SMFG Sumitomo Mitsui-Spons ADR 0.10% 21,709 $420K Add +1.1%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.10% 1,389 $420K Reduce -0.4%
T AT&T Inc. 0.10% 16,839 $418K Reduce -13.8%
UNH Unitedhealth Group Inc. 0.10% 1,265 $418K Add +3.4%
VGT Vanguard Info Tech ETF 0.10% 544 $410K Add +7.9%
RTX RTX Corp. 0.10% 2,173 $398K Add +3.0%
ALV Autoliv Inc. 0.10% 3,336 $396K Reduce -2.2%
EPOL iShares MSCI Poland ETF 0.10% 11,232 $395K New
MSI Motorola Solutions Inc. 0.10% 1,024 $392K Reduce -2.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.10% 2,054 $392K Add +90.5%
TIGO Millicom Intl Cellular S.A. 0.10% 7,025 $389K Add +2.5%
MSOS Advisorshares Pure US Cann 0.09% 81,039 $383K No change
EWL iShares MSCI Switzerland ETF 0.09% 6,377 $382K New
ISRG Intuitive Surgical Inc. 0.09% 675 $382K Add +11.0%
ILCV iShares Morningstar Value Et 0.09% 4,043 $382K Reduce -5.4%
ITOT iShares Core S&P Total U.S. 0.09% 2,559 $380K New
STX Seagate Technology Holdings 0.09% 1,370 $377K Add +2.1%
NVS Novartis AG-Sponsored ADR 0.09% 2,706 $373K Add +6.0%
CRK Comstock Resources Inc. 0.09% 15,836 $367K Reduce -1.5%
MO Altria Group Inc. 0.09% 6,333 $365K Add +13.8%
AMAT Applied Materials Inc. 0.09% 1,418 $365K Add +24.3%
EFAV iShares MSCI Eafe Min Vol Fa 0.09% 4,198 $362K Reduce -1.3%
MTUM iShares MSCI USA Momentum Fa 0.09% 1,442 $361K Reduce -3.1%
PG The Procter & Gamble Co. 0.09% 2,503 $359K Reduce -28.8%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.09% 4,551 $358K Add +16.4%
ENOR iShares MSCI Norway ETF 0.09% 12,358 $356K New
IWR iShares Russell Mid-Cap ETF 0.09% 3,690 $355K Reduce -0.2%
FIX Comfort Systems USA Inc. 0.09% 379 $353K Add +2.7%
EEMV iShares MSCI Emg MKT Min Vol 0.09% 5,507 $353K Reduce -4.3%
EWS iShares MSCI Singapore ETF 0.09% 12,667 $348K New
GILD Gilead Sciences Inc. 0.08% 2,820 $346K Reduce -0.7%
TER Teradyne Inc. 0.08% 1,776 $344K New
COF Capital One Financial Corp. 0.08% 1,415 $343K Add +7.7%
DASH DoorDash Inc. Class A 0.08% 1,493 $338K New
MRK Merck & Co. Inc. 0.08% 3,212 $338K Add +22.1%
CVX Chevron Corp. 0.08% 2,182 $333K Add +2.8%
KO The Coca-Cola Co. 0.08% 4,705 $329K Add +11.7%
IWP iShares Russell Mid-Cap Grow 0.08% 2,395 $328K New
IWD iShares Russell 1000 Value E 0.08% 1,542 $324K Add +0.5%
C Citigroup Inc. 0.08% 2,765 $323K Add +3.5%
PGR Progressive Corp. 0.08% 1,409 $321K Add +28.8%
MPWR Monolithic Power Systems Inc. 0.08% 350 $317K Add +5.1%
IVZ Invesco Ltd. 0.08% 12,038 $316K New
MS Morgan Stanley 0.08% 1,766 $314K Add +12.7%
PWR Quanta Services Inc. 0.08% 740 $312K Add +15.1%
ESLT Elbit Systems Ltd. 0.08% 540 $312K Reduce -4.8%
ASML ASML Holding NV-NY Reg SHS 0.08% 288 $308K Add +4.0%
AMGN Amgen Inc. 0.07% 937 $307K Add +19.7%
AEP American Electric Power 0.07% 2,636 $304K Add +2.6%
ALL Allstate Corp. 0.07% 1,454 $303K Add +0.3%
VST Vistra Corp. 0.07% 1,857 $300K Reduce -4.7%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 1,947 $299K Add +21.9%
PANW Palo Alto Networks Inc. 0.07% 1,623 $299K Reduce -38.9%
COIN Coinbase Global Inc. Class A 0.07% 1,306 $295K Add +5.8%
IWM iShares Russell 2000 ETF 0.07% 1,194 $294K New
SAP Sap SE-Sponsored ADR 0.07% 1,203 $292K Add +7.1%
BR Broadridge Financial Solutio 0.07% 1,288 $287K Reduce -5.2%
MRSH Marsh & McLennan Cos 0.07% 1,544 $286K Reduce -11.2%
TT Trane Technologies PLC 0.07% 735 $286K Add +48.2%
AME Ametek Inc. 0.07% 1,357 $279K Add +0.4%
SPOT Spotify Technology SA 0.07% 478 $278K Reduce -2.5%
NTAP Netapp Inc. 0.07% 2,566 $275K Add +0.9%
PLD Prologis Inc. 0.07% 2,142 $273K Add +9.9%
MCO Moody's Corp. 0.07% 535 $273K Add +6.8%
ADI Analog Devices Inc. 0.07% 994 $269K Add +1.2%
MFG Mizuho Financial Group-ADR 0.07% 36,681 $269K Add +0.0%
SPGI S&P Global Inc. 0.07% 511 $267K Reduce -17.1%
ESE Esco Technologies Inc. 0.07% 1,364 $267K Add +0.2%
RELX Relx PLC - Spon ADR 0.06% 6,567 $265K Add +13.7%
NVMI Nova Ltd. 0.06% 808 $265K Reduce -1.2%
BA The Boeing Co. 0.06% 1,212 $263K Add +2.5%
FDX FedEx Corp. 0.06% 908 $262K New
RCL Royal Caribbean Cruises Ltd. 0.06% 919 $256K Add +15.7%
RSG Republic Services Inc. 0.06% 1,209 $256K Reduce -3.0%
CYBR Cyberark Software Ltd./Israel 0.06% 568 $253K Reduce -2.1%
AXP American Express Co. 0.06% 683 $253K Add +7.7%
EQT Eqt Corp. 0.06% 4,662 $250K Add +4.6%
ORLY O'reilly Automotive Inc. 0.06% 2,715 $248K Add +6.1%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.06% 15,659 $247K Reduce -3.4%
MCD McDonald's Corp. 0.06% 807 $247K Add +5.1%
DUK Duke Energy Corp. 0.06% 2,102 $246K Reduce -4.6%
RMBS Rambus Inc. 0.06% 2,616 $240K Reduce -0.8%
VLO Valero Energy Corp. 0.06% 1,474 $240K Add +8.5%
RACE Ferrari NV 0.06% 644 $238K Add +0.5%
NOW ServiceNow Inc. 0.06% 1,553 $238K Reduce -9.2%
IGM iShares Expanded Tech Sector 0.06% 1,833 $237K Reduce -1.8%
URA Global X Uranium ETF 0.06% 5,427 $232K New
AU Anglogold Ashanti PLC 0.06% 2,710 $231K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.06% 786 $228K New
MMM 3M Co. 0.06% 1,425 $228K New
WTS Watts Water Technologies-A 0.06% 827 $228K Reduce -0.1%
FAST Fastenal Co. 0.05% 5,598 $225K Add +0.8%
SPYM Ste STR SPDR PT S&P 500 ETF 0.05% 2,786 $223K New
AEM Agnico Eagle Mines Ltd. 0.05% 1,317 $223K Add +1.0%
SNPS Synopsys Inc. 0.05% 474 $223K Reduce -11.2%
IDXX Idexx Laboratories Inc. 0.05% 329 $223K New
BRO Brown & Brown Inc. 0.05% 2,791 $222K Add +4.5%
TEL Te Connectivity PLC 0.05% 976 $222K New
DSGX The Descartes Systems Grp 0.05% 2,531 $222K Reduce -3.5%
TDG Transdigm Group Inc. 0.05% 166 $221K Reduce -1.2%
GRMN Garmin Ltd. 0.05% 1,089 $221K Reduce -1.5%
LEU Centrus Energy Corp. Class A 0.05% 907 $220K New
FOXA Fox Corp. Class A 0.05% 3,009 $220K New
GEV GE Vernova Inc. 0.05% 336 $220K New
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.05% 456 $219K New
BN Brookfield Corp. 0.05% 4,767 $219K Add +8.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.05% 1,032 $218K New
TMSL T.rowe PRC Small-Mid Cap ETF 0.05% 6,081 $218K Add +0.6%
CB Chubb Ltd. 0.05% 698 $218K New
AIZ Assurant Inc. 0.05% 904 $218K New
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.05% 520 $215K New
WM Waste Management Inc. 0.05% 977 $215K Reduce -5.2%
ICE Intercontinental Exchange Inc. 0.05% 1,324 $214K Reduce -1.9%
MUSA Murphy USA Inc. 0.05% 527 $213K Reduce -9.3%
HUBB Hubbell Inc. 0.05% 478 $212K Add +2.6%
CACI Caci International Inc. Class A 0.05% 397 $212K New
FDN First Trust DJ Internet Ind 0.05% 784 $211K No change
STN Stantec Inc. 0.05% 2,236 $211K Reduce -0.1%
CVS CVS Health Corp. 0.05% 2,642 $210K New
SCHW Schwab (charles) Corp. 0.05% 2,097 $210K New
VGK Vanguard Ftse Europe ETF 0.05% 2,505 $209K New
TTMI TTM Technologies 0.05% 3,027 $209K New
CBOE Cboe Global Markets Inc. 0.05% 831 $209K Reduce -0.5%
ETN Eaton Corp. PLC 0.05% 647 $206K Reduce -0.1%
NOC Northrop Grumman Corp. 0.05% 361 $206K New
IX Orix - Sponsored ADR filed as ORIX CORP 0.05% 6,984 $204K New
CW Curtiss-Wright Corp. 0.05% 370 $204K No change
CRWD CrowdStrike Holdings Inc. Class A 0.05% 434 $204K New
LOW Lowe's Cos Inc. 0.05% 843 $203K New
INTC Intel Corp. 0.05% 5,470 $202K New
CTAS Cintas Corp. 0.05% 1,072 $202K Reduce -3.6%
QCOM Qualcomm Inc. 0.05% 1,178 $201K New
EFA iShares MSCI Eafe ETF 0.05% 2,092 $201K New
CFG Citizens Financial Group 0.05% 3,426 $200K New
HLN Haleon PLC-ADR 0.05% 19,168 $194K New
TME Tencent Music Entertainm-ADR 0.05% 10,553 $185K Reduce -0.6%
RDY Dr. Reddy's Laboratories-ADR 0.04% 12,465 $175K Add +7.0%
AMPX Amprius Technologies Inc. 0.04% 19,958 $157K Add +3.8%
KNOP Knot Offshore Partners LP 0.03% 12,401 $128K Add +0.8%
ITUB Itau Unibanco H-Spon PRF ADR 0.03% 14,403 $103K Reduce -6.3%
CGEN Compugen Ltd. 0.02% 59,563 $91K Reduce -0.5%
HOS Hornbeck Offshore Services I filed as HELIX ENERGY SOLUTIONS GRP I 0.02% 13,603 $85K Reduce -0.3%
KMDA Kamada Ltd. 0.02% 11,249 $79K Add +0.5%
JFIN Jiayin Group Inc.-ADR 0.02% 11,847 $69K Reduce -1.4%
TLSA Tiziana Life Sciences Ltd. 0.02% 46,051 $69K Add +0.0%
ILPT Industrial Logistics Propert 0.02% 11,690 $65K Add +0.1%
HUYA Huya Inc.-ADR 0.01% 21,177 $61K Reduce -7.5%
SLS Sellas Life Sciences Group I 0.01% 12,796 $48K New
FOSL Fossil Group Inc. 0.01% 12,021 $45K Reduce -6.2%
WIT Wipro Ltd.-ADR 0.01% 15,343 $44K Reduce -2.2%
LU Lufax Holding Ltd.-ADR 0.01% 13,513 $35K Reduce -0.0%
SY So-Young International-ADR 0.01% 13,403 $34K Reduce -0.0%
CCCC C4 Therapeutics Inc. 0.01% 16,889 $32K Reduce -13.4%
KOPN Kopin Corp. 0.01% 10,780 $25K New
TNYA Tenaya Therapeutics Inc. 0.01% 31,422 $22K Add +5.6%
SRFM Surf Air Mobility Inc. 0.00% 10,006 $19K New
INTS Intensity Therapeutics Inc. 0.00% 41,354 $17K Add +115.2%
VIP Vulcan Infrastructure and Po filed as GREENIDGE GENERATION HLDGS I 0.00% 10,754 $16K Reduce -0.2%
QSI Quantum-Si Inc. 0.00% 13,632 $15K Reduce -20.4%
RANI Rani Therapeutics Holdings Class A 0.00% 11,081 $15K New
TRUG Trugolf Hldgs Inc. 0.00% 14,726 $11K New
NAKA Nakamoto Inc. filed as KINDLY MD INC 0.00% 22,669 $8K New
AMAZE HOLDINGS INC 0.00% 14,040 $5K New
SAFX XCF Global Inc. Class A 0.00% 19,455 $5K New
TSEOQ Trinseo PLC 0.00% 10,493 $5K New
VSTD Vestand Inc. Class A 0.00% 22,655 $5K New
PFSA Profusa Inc. 0.00% 27,399 $3K New
RYVYL INC 0.00% 16,024 $3K New
Other holdings (1): bonds, preferreds, convertibles and warrants · $728K (not counted above)
SecurityClassShares / PrincipalValueChange
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 601$728KNew

Total filed on the 13F, all lines: $409.6M.

Portfolio Sells Q3 2025 → Q4 2025

QUAL iShares MSCI USA Quality Fac Reduce -43.9% 3.32% −3.23
AMZN Amazon.com Inc. Reduce -21.3% 1.28% −0.47
IUSB Ishr CR Unvrse Usd BD ETF-Ui Reduce -3.9% 2.24% −0.41
TLH iShares 10-20 Year Treasury Reduce -11.2% 1.15% −0.34
IEFA iShares Core MSCI Eafe ETF Reduce -1.3% 1.15% −0.14
LRN Stride Inc. Sold out 0.00% −0.11
COST Costco Wholesale Corp. Reduce -5.3% 0.32% −0.09
MSTR Strategy Inc. Sold out 0.00% −0.09
SOXX iShares Semiconductor ETF Reduce -5.2% 1.11% −0.08
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.1% 0.69% −0.08
PANW Palo Alto Networks Inc. Reduce -38.9% 0.07% −0.08
VRSK Verisk Analytics Inc. Sold out 0.00% −0.07
LIN Linde PLC Sold out 0.00% −0.07
VZ Verizon Communications Inc. Sold out 0.00% −0.07
UBER Uber Technologies Inc. Sold out 0.00% −0.06
HON Honeywell International Inc. Sold out 0.00% −0.06
ABT Abbott Laboratories Sold out 0.00% −0.06
PG The Procter & Gamble Co. Reduce -28.8% 0.09% −0.06
VT Vanguard Tot World STK ETF Reduce -0.1% 0.57% −0.06
CDNS Cadence Design SYS Inc. Sold out 0.00% −0.06
CI The Cigna Group Sold out 0.00% −0.06
TRI Thomson Reuters Corp. Sold out 0.00% −0.06
BLK BlackRock Inc. Sold out 0.00% −0.06
T AT&T Inc. Reduce -13.8% 0.10% −0.05
V Visa Inc. Class A Reduce -6.2% 0.24% −0.04
MSI Motorola Solutions Inc. Reduce -2.4% 0.10% −0.04
IAU iShares Gold Trust Reduce -2.1% 1.00% −0.04
MUFG Mitsubishi Ufj Finl-Spon ADR Reduce -0.1% 0.26% −0.04
CSCO Cisco Systems Inc. Reduce -5.1% 0.59% −0.03
VST Vistra Corp. Reduce -4.7% 0.07% −0.03
NOW ServiceNow Inc. Reduce -9.2% 0.06% −0.03
MRSH Marsh & McLennan Cos Reduce -11.2% 0.07% −0.03
SPOT Spotify Technology SA Reduce -2.5% 0.07% −0.03
BEKE Ke Holdings Inc.-ADR Reduce -3.4% 0.06% −0.02
TME Tencent Music Entertainm-ADR Reduce -0.6% 0.05% −0.02
GRMN Garmin Ltd. Reduce -1.5% 0.05% −0.02
ALV Autoliv Inc. Reduce -2.2% 0.10% −0.02
BR Broadridge Financial Solutio Reduce -5.2% 0.07% −0.02
SNPS Synopsys Inc. Reduce -11.2% 0.05% −0.02
SPGI S&P Global Inc. Reduce -17.1% 0.07% −0.02
JFIN Jiayin Group Inc.-ADR Reduce -1.4% 0.02% −0.02
MTUM iShares MSCI USA Momentum Fa Reduce -3.1% 0.09% −0.02
RMBS Rambus Inc. Reduce -0.8% 0.06% −0.02
ETN Eaton Corp. PLC Reduce -0.1% 0.05% −0.02
RSG Republic Services Inc. Reduce -3.0% 0.06% −0.02
CYBR Cyberark Software Ltd./Israel Reduce -2.1% 0.06% −0.02
EEMV iShares MSCI Emg MKT Min Vol Reduce -4.3% 0.09% −0.02
DUK Duke Energy Corp. Reduce -4.6% 0.06% −0.02
STN Stantec Inc. Reduce -0.1% 0.05% −0.02
DSGX The Descartes Systems Grp Reduce -3.5% 0.05% −0.01

Portfolio Buys Q3 2025 → Q4 2025

IVE iShares S&P 500 Value ETF Add +27.0% 8.59% +1.14
AAPL Apple Inc. Add +57.6% 3.36% +1.10
IVV iShares Core S&P 500 ETF Add +136.3% 1.79% +0.95
SCHX Schwab US Large-Cap ETF Add +1209.3% 0.85% +0.78
SPMO Invesco S&P 500 Momentum ETF Add +42.1% 2.35% +0.45
GOOG Alphabet Inc. Class C Add +85.3% 0.81% +0.42
VEA Vanguard Ftse Developed ETF Add +735.3% 0.43% +0.37
VCRB Vanguard Core Bond ETF New 0.30% +0.30
DFVX Dim US Large Cap Vector ETF New 0.27% +0.27
SCHB Schwab US Broad Market ETF New 0.19% +0.19
VOO Vanguard S&P 500 ETF Add +34.4% 1.00% +0.18
SCHF Schwab Intl Equity ETF New 0.18% +0.18
IEMG iShares Core MSCI Emerging Add +28.6% 1.24% +0.17
GOOGL Alphabet Inc. Class A Add +21.1% 0.59% +0.16
LLY Eli Lilly & Co. Add +26.3% 0.42% +0.15
DELL Dell Technologies -C New 0.15% +0.15
APP AppLovin Corp. Class A Add +204.1% 0.20% +0.12
RSP Invesco S&P 500 Equal Weight New 0.12% +0.12
NVDA Nvidia Corp. Add +17.0% 3.37% +0.11
PLTR Palantir Technologies Inc. Class A Add +45.2% 0.54% +0.11
EPOL iShares MSCI Poland ETF New 0.10% +0.10
EWL iShares MSCI Switzerland ETF New 0.09% +0.09
ITOT iShares Core S&P Total U.S. New 0.09% +0.09
ENOR iShares MSCI Norway ETF New 0.09% +0.09
MU Micron Technology Inc. Add +2.3% 0.24% +0.09
EWS iShares MSCI Singapore ETF New 0.09% +0.09
TER Teradyne Inc. New 0.08% +0.08
DASH DoorDash Inc. Class A New 0.08% +0.08
BRK.B Berkshire Hathaway Inc. Class B Add +39.5% 0.43% +0.08
IWP iShares Russell Mid-Cap Grow New 0.08% +0.08
IVZ Invesco Ltd. New 0.08% +0.08
VTI VG Morningstar TS MKT ETF-US Add +53.6% 0.27% +0.08
IWM iShares Russell 2000 ETF New 0.07% +0.07
FDX FedEx Corp. New 0.06% +0.06
URA Global X Uranium ETF New 0.06% +0.06
AU Anglogold Ashanti PLC New 0.06% +0.06
MMM 3M Co. New 0.06% +0.06
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.06% +0.06
SPYM Ste STR SPDR PT S&P 500 ETF New 0.05% +0.05
IDXX Idexx Laboratories Inc. New 0.05% +0.05
TEL Te Connectivity PLC New 0.05% +0.05
LEU Centrus Energy Corp. Class A New 0.05% +0.05
FOXA Fox Corp. Class A New 0.05% +0.05
GEV GE Vernova Inc. New 0.05% +0.05
DIA SS SPDR Dow Jones Indus Avg New 0.05% +0.05
VBR Vngrd Mrngst SL-CP Val ETF-U New 0.05% +0.05
AIZ Assurant Inc. New 0.05% +0.05
CB Chubb Ltd. New 0.05% +0.05
MGK Vngrd Mrgstr MG CP GR ETF-Ui New 0.05% +0.05
CACI Caci International Inc. Class A New 0.05% +0.05

Notes & Other Activity Q3 2025 → Q4 2025

WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A New 601 $728K

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 331$547.4MIVV, IVW, IVE, DYNF, IEMG
Q1 2026 280$440.2MIVV, IVE, IVW, DYNF, IEMG
Q4 2025 270$408.9MLRGF, IVE, IVW, NVDA, AAPL
Q3 2025 230$361.2MLRGF, IVW, IVE, QUAL, NVDA
Q2 2025 219$317.6MLRGF, IVW, QUAL, IVE, IUSB
Q1 2025 182$269.0MIVW, LRGF, QUAL, IVE, EMXC
Q4 2024 161$266.3MIVW, QUAL, LRGF, IVE, EMXC
Q3 2024 167$279.9MIVW, QUAL, LRGF, IVE, EFV
Q2 2024 157$241.5MIVW, LRGF, QUAL, IVE, EMXC
Q1 2024 146$222.5MIVW, IVE, LRGF, QUAL, EFV