HWG Holdings LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 12, 2026), HWG Holdings LP reported 47 stock positions worth $412.7 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 28.0% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 9.5%) and Alphabet Class A (GOOGL, 7.5%). Compared with Q3 2025, it opened 6 new positions, sold out of 16, added to 17 and reduced 19. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +156%) and the biggest sale an exit from DoorDash Class A (DASH).
- Most Recent 13F
- Q2 2026
- Location
- HOUSTON, TX
- CIK
- 0001599390
- Portfolio Value
- $412.7M (Q4 2025)
- SEC Filing
- 0001599390-26-000001 ↗ filed Jan 12, 2026
Holdings Value
Holdings 47 stocks · $412.7M
| IVV iShares Core S&P 500 ETF | 28.02% | 168,862 | $115.7M | Add +155.6% |
| QQQ Invesco QQQ Trust Series 1 | 9.45% | 63,515 | $39.0M | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 7.48% | 98,628 | $30.9M | Add +11.2% |
| MSFT Microsoft Corp. | 6.12% | 52,256 | $25.3M | Add +5.1% |
| NVDA Nvidia Corp. | 6.08% | 134,555 | $25.1M | Reduce -2.8% |
| CW Curtiss-Wright Corp. | 4.33% | 32,435 | $17.9M | Add +4.0% |
| JPM JPMorgan Chase & Co. | 4.23% | 54,126 | $17.4M | Add +3.6% |
| AMZN Amazon.com Inc. | 3.99% | 71,422 | $16.5M | Add +0.5% |
| AVGO Broadcom Inc. | 3.24% | 38,610 | $13.4M | Reduce -18.9% |
| ESLT Elbit Systems Ltd. | 2.98% | 21,268 | $12.3M | Add +9.9% |
| SHOP Shopify Inc. Class A | 2.75% | 70,395 | $11.3M | Add +249.5% |
| EEM iShares MSCI Emerging Market | 2.60% | 196,314 | $10.7M | Add +255.5% |
| META Meta Platforms Inc. Class A | 2.54% | 15,859 | $10.5M | Reduce -45.4% |
| MLI Mueller Industries Inc. | 2.24% | 80,522 | $9.2M | Add +2.0% |
| AAPL Apple Inc. | 1.66% | 25,209 | $6.9M | Reduce -12.0% |
| COST Costco Wholesale Corp. | 1.28% | 6,135 | $5.3M | Reduce -50.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.07% | 28,746 | $4.4M | New |
| GS Goldman Sachs Group Inc. | 1.00% | 4,688 | $4.1M | New |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.87% | 44,860 | $3.6M | Add +0.3% |
| BSX Boston Scientific Corp. | 0.81% | 34,934 | $3.3M | Reduce -40.4% |
| ANET Arista Networks Inc. | 0.80% | 25,090 | $3.3M | Add +6.7% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.76% | 34,284 | $3.1M | Add +0.7% |
| BRO Brown & Brown Inc. | 0.73% | 37,640 | $3.0M | Reduce -43.9% |
| AGX Argan Inc. | 0.60% | 7,928 | $2.5M | New |
| EPD Enterprise Products Partners | 0.54% | 70,002 | $2.2M | Add +83.1% |
| VTI VG Morningstar TS MKT ETF-US | 0.41% | 5,079 | $1.7M | No change |
| ET Energy Transfer LP | 0.37% | 92,302 | $1.5M | Add +195.5% |
| UBER Uber Technologies Inc. | 0.32% | 16,082 | $1.3M | Reduce -77.6% |
| CALL (ANET) ANET $100 EXP 06/1 | 0.31% | 335 | $1.3M | Reduce -76.4% |
| PLTR Palantir Technologies Inc. Class A | 0.31% | 7,151 | $1.3M | New |
| CALL (META) META PLATFORMS INC | 0.28% | 174 | $1.2M | Reduce -1.1% |
| FEUZ First Trust Eurozone Alphade | 0.24% | 16,290 | $1.0M | Reduce -1.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 1,577 | $793K | Add +4.0% |
| NFLX Netflix Inc. | 0.16% | 7,240 | $679K | Reduce -86.9% |
| MCO Moody's Corp. | 0.16% | 1,280 | $654K | Reduce -70.6% |
| ROAD Construction Partners Inc. Class A | 0.15% | 5,842 | $634K | Reduce -74.6% |
| TSM Taiwan Semiconductor-SP ADR | 0.13% | 1,819 | $553K | Reduce -94.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.12% | 721 | $492K | No change |
| BLK BlackRock Inc. | 0.11% | 442 | $473K | New |
| EZU iShares MSCI Eurozone ETF | 0.10% | 6,306 | $404K | No change |
| DVY iShares Select Dividend ETF | 0.08% | 2,229 | $315K | Reduce -0.9% |
| DFUS Dimensional US Eq MKT ETF | 0.07% | 3,819 | $283K | No change |
| XOM Exxon Mobil Corp. | 0.07% | 2,334 | $281K | Reduce -5.5% |
| DFUV Dimensional US Marketwide Va | 0.06% | 5,696 | $265K | No change |
| RCL Royal Caribbean Cruises Ltd. | 0.06% | 944 | $263K | Add +1.3% |
| ORLY O'reilly Automotive Inc. | 0.05% | 2,475 | $226K | New |
| BKNG Booking Holdings Inc. | 0.05% | 42 | $225K | Reduce -2.3% |
Portfolio Sells Q3 2025 → Q4 2025
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −3.11 |
| META Meta Platforms Inc. Class A | Reduce -45.4% | 2.54% | −2.87 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -94.0% | 0.13% | −2.02 |
| CALL (ANET) ANET $100 EXP 06/1 | Reduce -76.4% | 0.31% | −1.64 |
| COST Costco Wholesale Corp. | Reduce -50.2% | 1.28% | −1.61 |
| NFLX Netflix Inc. | Reduce -86.9% | 0.16% | −1.52 |
| UBER Uber Technologies Inc. | Reduce -77.6% | 0.32% | −1.46 |
| CALL (AVGO) BROADCOM INC $300 | Sold out | 0.00% | −1.37 |
| BRO Brown & Brown Inc. | Reduce -43.9% | 0.73% | −0.87 |
| CALL (AMD) ADVANCED MICRO DEVI | Sold out | 0.00% | −0.85 |
| CALL (NVDA) NVIDIA $180 EXP 01 | Sold out | 0.00% | −0.79 |
| AVGO Broadcom Inc. | Reduce -18.9% | 3.24% | −0.74 |
| BLD Topbuild Corp. | Sold out | 0.00% | −0.72 |
| MTRN Materion Corp. | Sold out | 0.00% | −0.68 |
| BSX Boston Scientific Corp. | Reduce -40.4% | 0.81% | −0.64 |
| ROAD Construction Partners Inc. Class A | Reduce -74.6% | 0.15% | −0.59 |
| SPOT Spotify Technology SA | Sold out | 0.00% | −0.57 |
| MP MP Materials Corp. | Sold out | 0.00% | −0.56 |
| AMSC American Superconductor Corp. | Sold out | 0.00% | −0.53 |
| CRWV Coreweave Inc. Class A | Sold out | 0.00% | −0.47 |
| NVDA Nvidia Corp. | Reduce -2.8% | 6.08% | −0.47 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.8% | 9.45% | −0.39 |
| EUAD Select Stoxx Eur Aer DE ETF | Sold out | 0.00% | −0.37 |
| MCO Moody's Corp. | Reduce -70.6% | 0.16% | −0.37 |
| CTAS Cintas Corp. | Sold out | 0.00% | −0.34 |
| CALL (META) META PLATFORMS INC | Reduce -1.1% | 0.28% | −0.33 |
| CNSWF Constellation Software Inc. | Sold out | 0.00% | −0.19 |
| AAPL Apple Inc. | Reduce -12.0% | 1.66% | −0.19 |
| SPGI S&P Global Inc. | Sold out | 0.00% | −0.18 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.08 |
| PB Prosperity Bancshares Inc. | Sold out | 0.00% | −0.06 |
| FEUZ First Trust Eurozone Alphade | Reduce -1.9% | 0.24% | −0.01 |
| DVY iShares Select Dividend ETF | Reduce -0.9% | 0.08% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -2.3% | 0.05% | −0.00 |
| XOM Exxon Mobil Corp. | Reduce -5.5% | 0.07% | −0.00 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +155.6% | 28.02% | +16.82 |
| GOOGL Alphabet Inc. Class A | Add +11.2% | 7.48% | +2.02 |
| SHOP Shopify Inc. Class A | Add +249.5% | 2.75% | +1.99 |
| EEM iShares MSCI Emerging Market | Add +255.5% | 2.60% | +1.86 |
| TJX TJX Companies Inc. | New | 1.07% | +1.07 |
| GS Goldman Sachs Group Inc. | New | 1.00% | +1.00 |
| AGX Argan Inc. | New | 0.60% | +0.60 |
| ESLT Elbit Systems Ltd. | Add +9.9% | 2.98% | +0.48 |
| PLTR Palantir Technologies Inc. Class A | New | 0.31% | +0.31 |
| EPD Enterprise Products Partners | Add +83.1% | 0.54% | +0.24 |
| ET Energy Transfer LP | Add +195.5% | 0.37% | +0.23 |
| MLI Mueller Industries Inc. | Add +2.0% | 2.24% | +0.22 |
| BLK BlackRock Inc. | New | 0.11% | +0.11 |
| ORLY O'reilly Automotive Inc. | New | 0.05% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +3.6% | 4.23% | +0.05 |
| CW Curtiss-Wright Corp. | Add +4.0% | 4.33% | +0.04 |
| AMZN Amazon.com Inc. | Add +0.5% | 3.99% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.0% | 0.19% | −0.00 |
| ONEQ Fidelity Nasdaq Comp Indx | Add +0.7% | 0.76% | −0.01 |
| RCL Royal Caribbean Cruises Ltd. | Add +1.3% | 0.06% | −0.01 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +0.3% | 0.87% | −0.02 |
| ANET Arista Networks Inc. | Add +6.7% | 0.80% | −0.07 |
| MSFT Microsoft Corp. | Add +5.1% | 6.12% | −0.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 44 | $442.2M | IVV, EEM, GOOGL, CW, NVDA |
| Q1 2026 | 53 | $379.1M | IVV, CW, GOOGL, EEM, EWZ |
| Q4 2025 | 47 | $412.7M | IVV, QQQ, GOOGL, MSFT, NVDA |
| Q3 2025 | 57 | $394.6M | IVV, QQQ, NVDA, MSFT, GOOGL |
| Q2 2025 | 54 | $341.8M | IVV, QQQ, MSFT, META, CW |
| Q1 2025 | 131 | $224.3M | IVV, AAPL, META, MSFT, GOOGL |
| Q4 2024 | 50 | $305.4M | IVV, AAPL, QQQ, MSFT, IWP |
| Q3 2024 | 51 | $290.7M | IVV, MSFT, AAPL, QQQ, CW |
| Q2 2024 | 129 | $272.7M | IVV, MSFT, NVO, LLY, AAPL |