FWL Investment Management, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), FWL Investment Management, LLC reported 239 stock positions worth $198.3 million. Its top holding was Vaneck Gold Miners ETF (GDX) at 5.7% of the portfolio, followed by Microsoft (MSFT, 5.5%) and Alphabet Class C (GOOG, 5.3%). Compared with Q1 2024, it opened 43 new positions, sold out of 33, added to 64 and reduced 48. The biggest buy was Oracle (ORCL, shares +569%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −96%).

Most Recent 13F
Q2 2026
Location
Dallas, TX
CIK
0001829231
Portfolio Value
$198.3M (Q2 2024)
SEC Filing
0001999371-24-010018 ↗ filed Aug 13, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $181.5M Q1 2024 Q2 2024: $198.3M $198.3M Q2 2024 Q3 2024: $261.1M Q3 2024 Q4 2024: $274.8M Q4 2024 Q1 2025: $269.2M Q1 2025 Q2 2025: $326.8M Q2 2025 Q3 2025: $383.6M Q3 2025 Q4 2025: $415.7M Q4 2025 Q1 2026: $455.6M Q1 2026 Q2 2026: $544.7M Q2 2026

Holdings 239 stocks · $198.3M
GDX Vaneck Gold Miners ETF 5.66% 331,134 $11.2M Add +6.0%
MSFT Microsoft Corp. 5.45% 24,202 $10.8M Reduce -3.9%
GOOG Alphabet Inc. Class C 5.30% 57,317 $10.5M Reduce -4.8%
IHI iShares U.S. Medical Devices 5.25% 185,681 $10.4M Add +3.6%
XBI SS SPDR S&P Biotech ETF 4.93% 105,504 $9.8M Add +107.4%
IBN Icici Bank Ltd.-Spon ADR 3.89% 267,873 $7.7M Reduce -0.7%
AGNC AGNC Investment Corp. 3.83% 796,916 $7.6M Reduce -19.5%
INDA iShares MSCI India ETF 3.73% 132,706 $7.4M Add +139.5%
GLD SPDR Gold Shares 3.62% 33,436 $7.2M Reduce -0.6%
DDOG Datadog Inc. Class A 3.39% 51,866 $6.7M Reduce -2.6%
LNG Cheniere Energy Inc. 3.24% 36,789 $6.4M Add +6.2%
NVDA Nvidia Corp. 3.16% 50,789 $6.3M Add +207.3%
LMT Lockheed Martin Corp. 3.16% 13,402 $6.3M Add +4.1%
AMLP Alerian MLP ETF 3.14% 129,803 $6.2M Add +0.8%
CYBR Cyberark Software Ltd./Israel 3.11% 22,584 $6.2M Add +63.2%
QTEC First Trust Nasdq 100 Tech I 3.07% 30,827 $6.1M Reduce -32.2%
ORCL Oracle Corp. 3.05% 42,880 $6.1M Add +569.0%
WMB Williams Cos Inc. 3.01% 140,422 $6.0M Add +75.6%
EWJ iShares MSCI Japan ETF 2.99% 86,782 $5.9M Add +1.2%
ETN Eaton Corp. PLC 2.85% 18,015 $5.6M Add +7.4%
EOG EOG Resources Inc. 2.76% 43,500 $5.5M Add +14.1%
EMR Emerson Electric Co. 2.21% 39,705 $4.4M Add +21.9%
URA Global X Uranium ETF 2.16% 148,160 $4.3M Add +9.8%
QQQ Invesco QQQ Trust Series 1 2.10% 8,706 $4.2M Add +3.4%
AAPL Apple Inc. 2.02% 19,017 $4.0M Add +2.0%
AMZN Amazon.com Inc. 1.75% 17,996 $3.5M Add +7.5%
BIL SS SPDR BB 1-3M T-Bill ETF 1.18% 25,546 $2.3M Add +54.7%
IWF iShares Russell 1000 Growth 0.71% 3,875 $1.4M No change
GOOGL Alphabet Inc. Class A 0.54% 5,861 $1.1M Reduce -5.5%
IAU iShares Gold Trust 0.53% 23,800 $1.0M Reduce -26.7%
BRK.B Berkshire Hathaway Inc. Class B 0.50% 2,441 $993K Add +7.3%
AMD Advanced Micro Devices 0.45% 5,532 $897K Reduce -39.2%
XLE SS Energy Select Sector 0.30% 6,515 $594K Reduce -8.5%
MRK Merck & Co. Inc. 0.30% 4,739 $587K Add +5.8%
COST Costco Wholesale Corp. 0.27% 625 $531K Add +20.2%
VRT Vertiv Holdings Co. Class A 0.25% 5,714 $495K Add +5.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.23% 1,225 $458K No change
ITRI Itron Inc. 0.21% 4,230 $419K New
VTV Vanguard Mrngstr Val ETF-Aui 0.20% 2,472 $397K Reduce -1.1%
KTOS Kratos Defense & Security 0.20% 19,532 $391K Add +34.9%
EDV Vanguard Extended Dur Treas 0.17% 4,717 $346K New
COWZ Pacer US Cash Cows 100 ETF 0.17% 6,032 $329K Reduce -65.4%
IVV iShares Core S&P 500 ETF 0.17% 598 $327K New
FCX Freeport-McMoran Inc. 0.16% 6,495 $316K Add +1523.8%
SCHW Schwab (charles) Corp. 0.15% 4,111 $303K Add +24.3%
JPM JPMorgan Chase & Co. 0.15% 1,459 $295K Add +53.7%
CCL Carnival Corp. 0.13% 13,678 $256K Add +14.9%
PFF iShares Preferred & Income S 0.12% 7,492 $236K Add +47.1%
XLK SS Technology Select Sector 0.11% 969 $219K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.11% 3,175 $216K Add +1683.7%
XMUIX BlackRock Municipal Income 0.11% 16,904 $209K Add +60.5%
SCHX Schwab US Large-Cap ETF 0.10% 3,040 $195K No change
EXPE Expedia Group Inc. 0.09% 1,340 $169K Reduce -18.8%
ABBV Abbvie Inc. 0.08% 909 $156K Reduce -27.1%
NLY Annaly Capital Management Inc. 0.08% 7,905 $151K Reduce -88.8%
JNJ Johnson & Johnson 0.07% 1,014 $148K Add +90.2%
TLT iShares 20+ Year Treasury BD 0.07% 1,589 $146K Reduce -96.1%
IWR iShares Russell Mid-Cap ETF 0.07% 1,770 $144K Reduce -4.8%
RSPT Invesco S&P 500 Equal Weight 0.07% 3,900 $143K Reduce -50.6%
WMT Walmart Inc. 0.07% 2,025 $137K Add +237.5%
OKE Oneok Inc. 0.07% 1,607 $131K Add +164.7%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.07% 568 $130K No change
CMS CMS Energy Corp. 0.06% 2,100 $125K No change
DVY iShares Select Dividend ETF 0.06% 1,015 $123K Reduce -3.3%
QQQM Invesco Nasdaq 100 ETF 0.06% 618 $122K Add +571.7%
HD Home Depot Inc. 0.06% 341 $117K Add +582.0%
SPHQ Invesco S&P 500 Quality ETF 0.06% 1,824 $116K Reduce -5.8%
LLY Eli Lilly & Co. 0.06% 124 $112K Reduce -19.5%
TSLA Tesla Inc. 0.05% 546 $108K No change
UNH Unitedhealth Group Inc. 0.05% 212 $108K Add +130.4%
SHY iShares 1-3 Year Treasury Bo 0.05% 1,299 $106K Reduce -79.0%
MLPX Global X MLP & Energy Infras 0.05% 1,950 $100K No change
UBER Uber Technologies Inc. 0.05% 1,350 $98K No change
AVGO Broadcom Inc. 0.05% 59 $95K No change
TDG Transdigm Group Inc. 0.05% 70 $89K No change
GRID First TRST Nasd Class Edg Sgiif 0.04% 737 $85K Add +5.9%
KMI Kinder Morgan Inc. 0.04% 4,145 $82K Add +3668.2%
V Visa Inc. Class A 0.04% 300 $79K New
CRM Salesforce Inc. 0.04% 295 $76K Reduce -17.6%
QUAL iShares MSCI USA Quality Fac 0.04% 439 $75K New
DASH DoorDash Inc. Class A 0.04% 650 $71K Add +40.7%
AXP American Express Co. 0.04% 300 $69K No change
D Dominion Energy Inc. 0.03% 1,390 $68K No change
ASML ASML Holding NV-NY Reg SHS 0.03% 65 $66K Add +30.0%
TMO Thermo Fisher Scientific Inc. 0.03% 120 $66K Add +33.3%
NVO Novo-Nordisk A/S-Spons ADR 0.03% 457 $65K Reduce -2.1%
XOM Exxon Mobil Corp. 0.03% 565 $65K Add +98.9%
SPYG SS SPDR P S&P 500 Growth ETF 0.03% 791 $63K New
PLTR Palantir Technologies Inc. Class A 0.03% 2,500 $63K New
MPC Marathon Petroleum Corp. 0.03% 365 $63K Reduce -4.0%
MCD McDonald's Corp. 0.03% 245 $62K New
ICE Intercontinental Exchange Inc. 0.03% 450 $62K No change
WDAY Workday Inc. Class A 0.03% 275 $61K No change
SPYV SS SPDR P S&P 500 Value ETF 0.03% 1,240 $60K New
WPM Wheaton Precious Metals Corp. 0.03% 1,150 $60K No change
MA Mastercard Inc. Class A 0.03% 135 $60K Reduce -10.0%
PEP Pepsico Inc. 0.03% 360 $59K New
AMGN Amgen Inc. 0.03% 190 $59K New
PLD Prologis Inc. 0.03% 528 $59K Reduce -34.5%
IJR iShares Core S&P Small-Cap E 0.03% 550 $59K New
PG The Procter & Gamble Co. 0.03% 345 $57K Add +762.5%
ACN Accenture PLC Class A 0.03% 185 $56K New
MLPA Global X MLP ETF 0.03% 1,152 $56K Add +19.1%
BGS B&G Foods Inc. 0.03% 6,750 $55K Reduce -15.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.03% 97 $53K Add +5.4%
SYK Stryker Corp. 0.03% 150 $51K No change
ADBE Adobe Inc. 0.03% 90 $50K Reduce -18.2%
EW Edwards Lifesciences Corp. 0.03% 540 $50K No change
CB Chubb Ltd. 0.03% 195 $50K New
SBUX Starbucks Corp. 0.02% 635 $49K New
META Meta Platforms Inc. Class A 0.02% 96 $48K No change
SDVY First Trust Smid Cap Rising 0.02% 1,405 $47K New
IWV iShares Russell 3000 ETF 0.02% 151 $47K No change
APD Air Products & Chemicals Inc. 0.02% 180 $46K New
GD General Dynamics Corp. 0.02% 160 $46K New
CMCSA Comcast Corp. Class A 0.02% 1,180 $46K New
APO Apollo Global Management Inc. 0.02% 381 $45K No change
FPEI First Trust Institutional PR 0.02% 2,345 $43K New
TOTL SS Doubleline TR Tact ETF 0.02% 1,062 $42K Reduce -8.7%
ICLN iShares Global Clean Energy 0.02% 3,085 $41K Reduce -29.0%
UPS United Parcel Service Class B 0.02% 300 $41K New
VTI VG Morningstar TS MKT ETF-US 0.02% 153 $41K New
SPDW Ste STR SPDR PT DW Eu ETF 0.02% 1,166 $41K New
SGOV iShares 0-3 Month Treasury B 0.02% 404 $41K No change
HSY The Hershey Co. 0.02% 220 $40K New
SDY SS SPDR S&P Dividend ETF 0.02% 318 $40K Reduce -13.3%
AMPS Altus Power Inc. 0.02% 10,000 $39K No change
IJH iShares Core S&P Midcap ETF 0.02% 665 $39K New
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.02% 338 $36K Add +12.3%
SKYY First Trust Cloud Computing 0.02% 362 $35K Reduce -7.2%
BLDR Builders Firstsource Inc. 0.02% 239 $33K No change
BA The Boeing Co. 0.02% 177 $32K No change
ABT Abbott Laboratories 0.02% 300 $31K No change
TRV The Travelers Cos Inc. 0.02% 150 $31K No change
PECO Phillips Edison & Company Inc. 0.01% 900 $29K No change
LMBS First Trust Low Duration Opp 0.01% 605 $29K Reduce -14.3%
EPI Wisdomtree India Earnings 0.01% 598 $29K Reduce -3.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.01% 165 $29K Reduce -45.5%
MFC Manulife Financial Corp. 0.01% 1,066 $28K Reduce -16.7%
TSM Taiwan Semiconductor-SP ADR 0.01% 162 $28K No change
VRTX Vertex Pharmaceuticals Inc. 0.01% 60 $28K Add +33.3%
INFY Infosys Ltd.-SP ADR 0.01% 1,503 $28K No change
BBCB JPMorgan Betabuilders Usd Inc. 0.01% 611 $27K Add +46.9%
TGT Target Corp. 0.01% 167 $25K No change
REM iShares Mortgage Real Estate 0.01% 1,110 $25K Reduce -79.8%
CTAS Cintas Corp. 0.01% 35 $25K Add +105.9%
REGN Regeneron Pharmaceuticals 0.01% 22 $23K No change
FDN First Trust DJ Internet Ind 0.01% 111 $23K Reduce -6.7%
SHAK Shake Shack Inc. Class A 0.01% 250 $23K No change
T AT&T Inc. 0.01% 1,148 $22K No change
CDNS Cadence Design SYS Inc. 0.01% 71 $22K No change
GBTC Grayscale Bitcoin Trust ETF 0.01% 400 $21K New
IVR Invesco Mortgage Capital 0.01% 2,250 $21K No change
SFM Sprouts Farmers Market Inc. 0.01% 247 $21K No change
FCG First Trust Natural Gas ETF 0.01% 785 $21K No change
PANW Palo Alto Networks Inc. 0.01% 60 $20K No change
HCA HCA Healthcare Inc. 0.01% 60 $19K New
ONEQ Fidelity Nasdaq Comp Indx 0.01% 272 $19K New
GNRC Generac Holdings Inc. 0.01% 140 $19K No change
XAR SS SPDR S&P Aerospace Def 0.01% 129 $18K Reduce -16.8%
SPEM State Street SP PTF Em ETF 0.01% 468 $18K New
RSP Invesco S&P 500 Equal Weight 0.01% 104 $17K Add +131.1%
PWR Quanta Services Inc. 0.01% 65 $17K Add +333.3%
MET Metlife Inc. 0.01% 220 $15K Add +83.3%
NVR NVR Inc. 0.01% 2 $15K No change
DUK Duke Energy Corp. 0.01% 150 $15K Add +25.0%
FQAL Fidelity Quality Factor ETF 0.01% 240 $15K New
DG Dollar General Corp. 0.01% 110 $15K New
STLD Steel Dynamics Inc. 0.01% 112 $15K Reduce -5.9%
ROP Roper Technologies Inc. 0.01% 25 $14K New
EMXC iShares MSCI Emr MRK Ex Chna 0.01% 229 $14K Reduce -2.1%
IGV iShares Expanded Tech-Softwa 0.01% 155 $13K No change
NXPI NXP Semiconductors NV 0.01% 50 $13K New
PSA Public Storage 0.01% 45 $13K Reduce -87.7%
RCL Royal Caribbean Cruises Ltd. 0.01% 81 $13K No change
VZ Verizon Communications Inc. 0.01% 310 $13K Add +40.9%
DGRO iShares Core Dividend Growth 0.01% 220 $13K Add +0.0%
PH Parker Hannifin Corp. 0.01% 25 $13K New
CHX Championx Corp. 0.01% 380 $13K No change
ROBT First Trust Nasdaq Artificia 0.01% 287 $12K Add +11.2%
QCOM Qualcomm Inc. 0.01% 61 $12K No change
VGT Vanguard Info Tech ETF 0.01% 21 $12K No change
MO Altria Group Inc. 0.01% 265 $12K No change
USMV iShares MSCI USA Min Vol Fac 0.01% 143 $12K Add +0.0%
SO The Southern Co. 0.01% 150 $12K No change
SE Sea Ltd.-ADR 0.01% 160 $11K Reduce -69.3%
SPGI S&P Global Inc. 0.01% 25 $11K New
IBB iShares Biotechnology ETF 0.01% 81 $11K Reduce -70.7%
LIN Linde PLC 0.01% 25 $11K Add +0.0%
MRSH Marsh & McLennan Cos 0.01% 52 $11K No change
XLV SS Health Care Select Sector 0.01% 75 $11K Reduce -74.6%
IGSB iShares 1-5Y Inv Grade Corp. 0.01% 200 $10K No change
MMM 3M Co. 0.01% 100 $10K No change
ETR Entergy Corp. 0.00% 90 $10K No change
CVX Chevron Corp. 0.00% 56 $9K No change
C Citigroup Inc. 0.00% 135 $9K Add +92.9%
ALL Allstate Corp. 0.00% 49 $8K No change
PEG Public Service Enterprise GP 0.00% 95 $7K No change
XMTR Xometry Inc. Class A 0.00% 600 $7K No change
BOTZ Global X Robotics & Artifici 0.00% 219 $7K No change
CFG Citizens Financial Group 0.00% 180 $6K No change
ARCC Ares Capital Corp. 0.00% 305 $6K No change
IWM iShares Russell 2000 ETF 0.00% 30 $6K Reduce -25.0%
HIG Hartford Insurance Group Inc. 0.00% 60 $6K No change
SHYG iShares 0-5 YR HY Corp. Bond 0.00% 140 $6K Add +3.7%
CLOU Global X Cloud Computing ETF 0.00% 295 $6K Add +18.0%
AFL Aflac Inc. 0.00% 53 $5K No change
ES Eversource Energy 0.00% 78 $4K No change
PBR Petroleo Brasileiro-Spon ADR 0.00% 304 $4K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 105 $4K No change
EFAV iShares MSCI Eafe Min Vol Fa 0.00% 60 $4K New
AGG iShares Core U.S. Aggregate 0.00% 42 $4K No change
NFLX Netflix Inc. 0.00% 5 $3K New
VBR Vngrd Mrngst SL-CP Val ETF-U 0.00% 18 $3K No change
SPTM SS SPDR P S&P 1500 Comp ETF 0.00% 49 $3K No change
EFA iShares MSCI Eafe ETF 0.00% 41 $3K No change
GE General Electric filed as GE AEROSPACE 0.00% 19 $3K New
FEZ State Street SPDR Euro Stoxx 0.00% 60 $3K No change
IFN Aberdeen India Fund Inc. 0.00% 135 $2K New
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.00% 20 $2K No change
SOXX iShares Semiconductor ETF 0.00% 6 $1K No change
AVUV Avantis US Small Cap Value 0.00% 16 $1K New
SOLV Solventum Corp. 0.00% 25 $1K No change
XMHQ Invesco S&P Midcap Qual ETF 0.00% 10 $970 New
GEV GE Vernova Inc. 0.00% 4 $686 New
LOOP Loop Industries Inc. 0.00% 300 $627 No change
GEHC GE Healthcare Technology 0.00% 6 $468 New
SJNK SS SPDR BB St Hi Yield ETF 0.00% 14 $350 No change
RSPD Invesco S&P 500 Equal Weight 0.00% 7 $336 Add +250.0%
FTSL First Trust Senior Loan ETF 0.00% 7 $320 No change
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.00% 1 $314 No change
MGV Vngrd Mrgstr MG CP VL ETF-Ui 0.00% 2 $237 No change
IMVP Invesco India Exchange-Trade 0.00% 7 $205 No change
XLY SS Consumer Disc Select Sect 0.00% 1 $182 No change
FTGC First Trust Global Tactical 0.00% 7 $167 No change
GOVT iShares US Treasury Bond ETF 0.00% 3 $68 No change
SGOL Abrdn Physical Gold Shares 0.00% 3 $67 No change
USIG iShares Broad Usd Investment 0.00% 1 $50 No change
VMBS Vanguard Mortgage-Backed Sec 0.00% 1 $45 No change

Portfolio Sells Q1 2024 → Q2 2024
TLT iShares 20+ Year Treasury BD Reduce -96.1% 0.07% −2.06
QTEC First Trust Nasdq 100 Tech I Reduce -32.2% 3.07% −1.71
AGNC AGNC Investment Corp. Reduce -19.5% 3.83% −1.57
ZM Zoom Communications Inc. Sold out 0.00% −1.48
FXY Invesco Currencyshares Japan Sold out 0.00% −1.21
VGLT Vanguard Long-Term Treasury Sold out 0.00% −0.93
NLY Annaly Capital Management Inc. Reduce -88.8% 0.08% −0.69
KVUE Kenvue Inc. Sold out 0.00% −0.53
AMD Advanced Micro Devices Reduce -39.2% 0.45% −0.45
SNOW Snowflake Inc. Sold out 0.00% −0.40
COWZ Pacer US Cash Cows 100 ETF Reduce -65.4% 0.17% −0.39
MSFT Microsoft Corp. Reduce -3.9% 5.45% −0.39
NFE New Fortress Energy Inc. Sold out 0.00% −0.38
DDOG Datadog Inc. Class A Reduce -2.6% 3.39% −0.24
SHY iShares 1-3 Year Treasury Bo Reduce -79.0% 0.05% −0.23
IAU iShares Gold Trust Reduce -26.7% 0.53% −0.22
NOW ServiceNow Inc. Sold out 0.00% −0.20
GLD SPDR Gold Shares Reduce -0.6% 3.62% −0.19
RSPT Invesco S&P 500 Equal Weight Reduce -50.6% 0.07% −0.08
XLE SS Energy Select Sector Reduce -8.5% 0.30% −0.07
REM iShares Mortgage Real Estate Reduce -79.8% 0.01% −0.06
PSA Public Storage Reduce -87.7% 0.01% −0.05
ABBV Abbvie Inc. Reduce -27.1% 0.08% −0.05
EXPE Expedia Group Inc. Reduce -18.8% 0.09% −0.04
IBN Icici Bank Ltd.-Spon ADR Reduce -0.7% 3.89% −0.03
PLD Prologis Inc. Reduce -34.5% 0.03% −0.03
PICK iShares MSCI Global Metals & Sold out 0.00% −0.03
GGN Gamco GLBL Gold NTRL Res Inc. Sold out 0.00% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.1% 0.20% −0.02
BGS B&G Foods Inc. Reduce -15.6% 0.03% −0.02
CRM Salesforce Inc. Reduce -17.6% 0.04% −0.02
FCFS Firstcash Holdings Inc. Sold out 0.00% −0.02
BG Bunge Global SA Sold out 0.00% −0.02
XLV SS Health Care Select Sector Reduce -74.6% 0.01% −0.02
IBM Intl Business Machines Corp. Reduce -45.5% 0.01% −0.02
IBB iShares Biotechnology ETF Reduce -70.7% 0.01% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -4.8% 0.07% −0.01
ICLN iShares Global Clean Energy Reduce -29.0% 0.02% −0.01
MPC Marathon Petroleum Corp. Reduce -4.0% 0.03% −0.01
MA Mastercard Inc. Class A Reduce -10.0% 0.03% −0.01
SE Sea Ltd.-ADR Reduce -69.3% 0.01% −0.01
CAH Cardinal Health Inc. Sold out 0.00% −0.01
DVY iShares Select Dividend ETF Reduce -3.3% 0.06% −0.01
LLY Eli Lilly & Co. Reduce -19.5% 0.06% −0.01
AMN Amn Healthcare Services Inc. Sold out 0.00% −0.01
SDY SS SPDR S&P Dividend ETF Reduce -13.3% 0.02% −0.01
SPHQ Invesco S&P 500 Quality ETF Reduce -5.8% 0.06% −0.01
DAR Darling Ingredients Inc. Sold out 0.00% −0.01
CWEN Clearway Energy Inc. Class C Sold out 0.00% −0.01
ADBE Adobe Inc. Reduce -18.2% 0.03% −0.01

Portfolio Buys Q1 2024 → Q2 2024
ORCL Oracle Corp. Add +569.0% 3.05% +2.61
NVDA Nvidia Corp. Add +207.3% 3.16% +2.34
XBI SS SPDR S&P Biotech ETF Add +107.4% 4.93% +2.27
INDA iShares MSCI India ETF Add +139.5% 3.73% +2.16
WMB Williams Cos Inc. Add +75.6% 3.01% +1.29
CYBR Cyberark Software Ltd./Israel Add +63.2% 3.11% +1.09
BIL SS SPDR BB 1-3M T-Bill ETF Add +54.7% 1.18% +0.35
AAPL Apple Inc. Add +2.0% 2.02% +0.26
GDX Vaneck Gold Miners ETF Add +6.0% 5.66% +0.22
ITRI Itron Inc. New 0.21% +0.21
EDV Vanguard Extended Dur Treas New 0.17% +0.17
EMR Emerson Electric Co. Add +21.9% 2.21% +0.17
IVV iShares Core S&P 500 ETF New 0.17% +0.17
LNG Cheniere Energy Inc. Add +6.2% 3.24% +0.16
FCX Freeport-McMoran Inc. Add +1523.8% 0.16% +0.15
XLU St Sr Utl SL SE SPDR ETF-Usd Add +1683.7% 0.11% +0.10
AMZN Amazon.com Inc. Add +7.5% 1.75% +0.09
EOG EOG Resources Inc. Add +14.1% 2.76% +0.07
COST Costco Wholesale Corp. Add +20.2% 0.27% +0.06
QQQM Invesco Nasdaq 100 ETF Add +571.7% 0.06% +0.05
KTOS Kratos Defense & Security Add +34.9% 0.20% +0.05
WMT Walmart Inc. Add +237.5% 0.07% +0.05
HD Home Depot Inc. Add +582.0% 0.06% +0.05
JPM JPMorgan Chase & Co. Add +53.7% 0.15% +0.04
QQQ Invesco QQQ Trust Series 1 Add +3.4% 2.10% +0.04
KMI Kinder Morgan Inc. Add +3668.2% 0.04% +0.04
V Visa Inc. Class A New 0.04% +0.04
OKE Oneok Inc. Add +164.7% 0.07% +0.04
QUAL iShares MSCI USA Quality Fac New 0.04% +0.04
XMUIX BlackRock Municipal Income Add +60.5% 0.11% +0.04
SPYG SS SPDR P S&P 500 Growth ETF New 0.03% +0.03
PLTR Palantir Technologies Inc. Class A New 0.03% +0.03
MCD McDonald's Corp. New 0.03% +0.03
SPYV SS SPDR P S&P 500 Value ETF New 0.03% +0.03
AMGN Amgen Inc. New 0.03% +0.03
PEP Pepsico Inc. New 0.03% +0.03
IJR iShares Core S&P Small-Cap E New 0.03% +0.03
UNH Unitedhealth Group Inc. Add +130.4% 0.05% +0.03
PFF iShares Preferred & Income S Add +47.1% 0.12% +0.03
JNJ Johnson & Johnson Add +90.2% 0.07% +0.03
ACN Accenture PLC Class A New 0.03% +0.03
PG The Procter & Gamble Co. Add +762.5% 0.03% +0.03
CB Chubb Ltd. New 0.03% +0.03
SBUX Starbucks Corp. New 0.02% +0.02
SDVY First Trust Smid Cap Rising New 0.02% +0.02
APD Air Products & Chemicals Inc. New 0.02% +0.02
GD General Dynamics Corp. New 0.02% +0.02
CMCSA Comcast Corp. Class A New 0.02% +0.02
CCL Carnival Corp. Add +14.9% 0.13% +0.02
FPEI First Trust Institutional PR New 0.02% +0.02

Notes & Other Activity Q1 2024 → Q2 2024
STLA Stellantis NV SHS Reduce -100.0% 0 $0
USB US Bancorp COM NEW Reduce -100.0% 0 $0
PHM Pultegroup Inc. COM Reduce -100.0% 0 $0
CSCO Cisco Systems Inc. COM Reduce -100.0% 0 $0
UNM Unum Group COM Reduce -100.0% 0 $0
AEP American Electric Power COM Sold out 0 $0before exit
AIG American International Group COM NEW Sold out 0 $0before exit
FVD First Trust Value Line DVD SHS Sold out 0 $0before exit
GILD Gilead Sciences Inc. COM Sold out 0 $0before exit
HPQ HP Inc. COM Sold out 0 $0before exit
PRFZ Inv Rafi US 1500 SM-Usd Inc. RAFI US 1500 New 0 $0
RDIV Invesco S&P Ultra Dividend S&P ULTRA DIVIDE New 0 $0
RWK Invesco S&P Midcap 400 Rev S&P MDCP 400 REV New 0 $0
JPST JPMorgan Ultra-Short Income ULTRA SHRT ETF Sold out 0 $0before exit
VOE Vngrd Mrngstr MD-Cap Val ETF MCAP VL IDXVIP Sold out 0 $0before exit
WM Waste Management Inc. COM Sold out 0 $0before exit
STX Seagate Technology Holdings ORD SHS 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 501$544.7MMU, AMLP, GOOG, BIL, LNG
Q1 2026 346$455.6MLNG, AMLP, BIL, GOOG, NVDA
Q4 2025 365$415.7MGOOG, GDX, AMLP, MSFT, GLD
Q3 2025 332$383.6MGDX, ORCL, GOOG, LNG, MSFT
Q2 2025 325$326.8MORCL, MSFT, LNG, BIL, GOOG
Q1 2025 289$269.2MLNG, GDX, GLD, GOOG, AMLP
Q4 2024 309$274.8MGOOG, MSFT, IHI, GDX, LNG
Q3 2024 297$261.1MMSFT, GDX, GOOG, XBI, IHI
Q2 2024 239$198.3MGDX, MSFT, GOOG, IHI, XBI
Q1 2024 230$181.5MMSFT, IHI, GDX, AGNC, GOOG