MWA Asset Management

Name: MWA Asset Management 13F holdings, Q4 2024
Creator: MWA Asset Management
Published: 2025-01-28

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 28, 2025), MWA Asset Management reported 125 stock positions worth $150.4 million. Its top holding was Broadcom (AVGO) at 4.6% of the portfolio, followed by Apple (AAPL, 4.5%) and Nvidia (NVDA, 3.3%). Compared with Q3 2024, it opened 7 new positions, sold out of 10, added to 48 and reduced 66. The biggest buy was Intl Business Machines (IBM, shares +93%) and the biggest sale Dow (DOW, shares −84%).

Most Recent 13F: Q2 2026
Location: DANVERS, MA
CIK: 0001903058
Portfolio Value: $150.4M (Q4 2024)
SEC Filing: 0001085146-25-000545 ↗ filed Jan 28, 2025

Holdings Value

Holdings 125 stocks · $150.4M


AVGO Broadcom Inc.	4.62%	29,962	$6.9M	Reduce -3.4%
AAPL Apple Inc.	4.48%	26,881	$6.7M	Reduce -2.2%
NVDA Nvidia Corp.	3.31%	37,042	$5.0M	Reduce -0.3%
AMZN Amazon.com Inc.	3.26%	22,338	$4.9M	Reduce -1.7%
META Meta Platforms Inc. Class A	3.01%	7,734	$4.5M	Reduce -3.4%
MSFT Microsoft Corp.	2.87%	10,232	$4.3M	Reduce -0.3%
GOOG Alphabet Inc. Class C	2.76%	21,782	$4.1M	Reduce -0.9%
CAT Caterpillar Inc.	2.66%	11,043	$4.0M	Reduce -1.7%
COST Costco Wholesale Corp.	2.53%	4,159	$3.8M	Reduce -0.9%
DE Deere & Co.	2.31%	8,204	$3.5M	Reduce -0.1%
V Visa Inc. Class A	2.05%	9,747	$3.1M	Reduce -0.9%
HD Home Depot Inc.	2.04%	7,902	$3.1M	Add +0.2%
ABBV Abbvie Inc.	1.99%	16,805	$3.0M	Add +1.4%
BX Blackstone Inc.	1.84%	16,088	$2.8M	Reduce -0.4%
MMM 3M Co.	1.71%	19,937	$2.6M	Add +0.2%
JPM JPMorgan Chase & Co.	1.63%	10,215	$2.4M	Reduce -0.3%
URI United Rentals Inc.	1.62%	3,455	$2.4M	Reduce -2.7%
XOM Exxon Mobil Corp.	1.55%	21,666	$2.3M	No change
IWM iShares Russell 2000 ETF	1.51%	10,281	$2.3M	Add +6.6%
RTX RTX Corp.	1.33%	17,259	$2.0M	Add +0.4%
IWP iShares Russell Mid-Cap Grow	1.31%	15,556	$2.0M	Add +0.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP	1.31%	44,658	$2.0M	Add +1.4%
UNH Unitedhealth Group Inc.	1.28%	3,809	$1.9M	Add +2.5%
IWF iShares Russell 1000 Growth	1.22%	4,557	$1.8M	Reduce -5.1%
GWW WW Grainger Inc. filed as GRAINGER W W INC	1.18%	1,690	$1.8M	Reduce -1.2%
STX Seagate Technology Holdings	1.13%	19,636	$1.7M	Add +0.5%
IWO iShares Russell 2000 Growth	1.11%	5,803	$1.7M	Add +0.8%
VZ Verizon Communications Inc.	1.11%	41,749	$1.7M	Reduce -6.9%
WMT Walmart Inc.	1.11%	18,396	$1.7M	Add +2.4%
NOW ServiceNow Inc.	1.05%	1,484	$1.6M	Add +5.8%
IWS iShares Russell Mid-Cap Valu	1.02%	11,876	$1.5M	Add +1.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO	1.00%	13,452	$1.5M	Reduce -2.3%
TSM Taiwan Semiconductor-SP ADR	0.99%	7,562	$1.5M	Add +7.8%
PANW Palo Alto Networks Inc.	0.95%	7,830	$1.4M	Reduce -0.4%
IJH iShares Core S&P Midcap ETF	0.92%	22,128	$1.4M	Add +2.6%
CDNS Cadence Design SYS Inc.	0.87%	4,343	$1.3M	Reduce -1.5%
LRCX Lam Research Corp.	0.86%	17,821	$1.3M	Add +4.5%
CMI Cummins Inc.	0.86%	3,690	$1.3M	Add +0.4%
VRTX Vertex Pharmaceuticals Inc.	0.85%	3,186	$1.3M	Add +23.3%
IWN iShares Russell 2000 Value E	0.83%	7,609	$1.2M	Add +0.2%
CRM Salesforce Inc.	0.81%	3,620	$1.2M	Reduce -5.3%
SHOP Shopify Inc. Class A	0.79%	11,202	$1.2M	Reduce -3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.77%	5,287	$1.2M	Add +92.6%
TSCO Tractor Supply Company	0.73%	20,584	$1.1M	Reduce -0.3%
MA Mastercard Inc. Class A	0.70%	2,003	$1.1M	Add +1.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.70%	8,728	$1.1M	Reduce -1.4%
LMT Lockheed Martin Corp.	0.69%	2,124	$1.0M	Add +2.2%
ACN Accenture PLC Class A	0.68%	2,923	$1.0M	Reduce -4.7%
C Citigroup Inc.	0.66%	14,183	$998K	Add +12.7%
XLK SS Technology Select Sector	0.64%	4,116	$957K	Reduce -4.3%
WM Waste Management Inc.	0.59%	4,405	$889K	Reduce -1.6%
TRV The Travelers Cos Inc.	0.59%	3,686	$888K	Add +0.2%
TGT Target Corp.	0.56%	6,202	$838K	Reduce -24.6%
DGRO iShares Core Dividend Growth	0.55%	13,482	$827K	Reduce -2.4%
MCD McDonald's Corp.	0.55%	2,836	$822K	Add +7.7%
WCN Waste Connections Inc.	0.54%	4,726	$811K	Reduce -3.7%
HON Honeywell International Inc.	0.52%	3,439	$777K	Add +0.1%
WSM Williams-Sonoma Inc.	0.51%	4,117	$762K	Reduce -2.6%
IWD iShares Russell 1000 Value E	0.49%	4,014	$743K	Add +0.8%
MRK Merck & Co. Inc.	0.49%	7,388	$735K	Reduce -1.0%
SDY SS SPDR S&P Dividend ETF	0.49%	5,525	$730K	Reduce -4.5%
ADP Automatic Data Processing	0.48%	2,481	$726K	Add +0.7%
AXP American Express Co.	0.48%	2,418	$718K	Reduce -1.6%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.45%	8,955	$678K	Reduce -0.5%
AMGN Amgen Inc.	0.44%	2,562	$668K	Add +3.8%
FDX FedEx Corp.	0.44%	2,333	$656K	Reduce -3.0%
FDN First Trust DJ Internet Ind	0.43%	2,685	$653K	Reduce -1.6%
TT Trane Technologies PLC	0.43%	1,763	$651K	Add +2.7%
SPY SS SPDR S&P 500 ETF Trust-US	0.43%	1,095	$642K	Reduce -27.4%
ADBE Adobe Inc.	0.41%	1,371	$610K	Reduce -1.9%
TDV Proshares S&P Tech DVD Arist	0.40%	8,042	$607K	Reduce -5.3%
INTU Intuit Inc.	0.40%	950	$597K	Reduce -1.6%
COWZ Pacer US Cash Cows 100 ETF	0.39%	10,441	$590K	Add +5.5%
TREE Lendingtree Inc.	0.38%	14,829	$575K	Reduce -31.8%
PAYX Paychex Inc.	0.37%	4,007	$562K	Add +1.9%
UPS United Parcel Service Class B	0.36%	4,326	$546K	Reduce -13.1%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.36%	2,748	$545K	Reduce -0.7%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.32%	1,731	$485K	Reduce -0.2%
DGRW Wisdomtree U.S. Quality Divi	0.32%	5,908	$478K	Add +1.3%
ORCL Oracle Corp.	0.31%	2,841	$473K	New
ABNB Airbnb Inc. Class A	0.28%	3,227	$424K	Reduce -25.5%
STT State Street Corp.	0.28%	4,320	$424K	Reduce -1.6%
GOOGL Alphabet Inc. Class A	0.28%	2,221	$420K	No change
KLAC KLA Corp.	0.28%	667	$420K	Add +3.7%
VYM Vanguard High DVD Yield ETF	0.27%	3,218	$411K	New
IGV iShares Expanded Tech-Softwa	0.26%	3,965	$397K	Reduce -0.9%
VOOG Vanguard S&P 500 Growth ETF	0.26%	1,084	$397K	Add +1.2%
MGK Vngrd Mrgstr MG CP GR ETF-Ui	0.26%	1,154	$397K	Reduce -2.7%
CAH Cardinal Health Inc.	0.26%	3,324	$393K	Add +2.9%
RWJ Invesco S&P Smallcap 600	0.26%	8,547	$391K	Add +7.6%
SMDV Proshrs RSL 2000 DVD GRW ETF	0.26%	5,741	$388K	Add +3.5%
IWR iShares Russell Mid-Cap ETF	0.26%	4,364	$386K	Add +1.2%
QQQM Invesco Nasdaq 100 ETF	0.26%	1,827	$385K	Reduce -2.4%
XLI SS Industrial Select Sector	0.25%	2,901	$382K	Reduce -1.5%
XLC SS Comm Select Sector SPDR	0.24%	3,665	$355K	Reduce -1.5%
DUK Duke Energy Corp.	0.23%	3,260	$351K	Reduce -1.2%
VGT Vanguard Info Tech ETF	0.23%	551	$343K	Reduce -5.7%
SBUX Starbucks Corp.	0.23%	3,748	$342K	Add +2.0%
D Dominion Energy Inc.	0.22%	6,155	$332K	New
DHR Danaher Corp.	0.22%	1,432	$329K	Add +13.7%
MGC Vngrd Mrngstr MG Cap ETF-Usd	0.22%	1,530	$325K	Reduce -3.2%
PDI PIMCO Dynamic Income Fund	0.21%	17,550	$322K	Add +6.6%
XME SS SPDR S&P Metals Mining	0.21%	5,554	$315K	Add +7.8%
IVW iShares S&P 500 Growth ETF	0.21%	3,081	$313K	Add +36.2%
VTWO Vanguard Russell 2000 ETF	0.21%	3,470	$310K	Add +15.7%
FDVV Fidelity High Dividend ETF	0.20%	5,923	$296K	Reduce -37.2%
VIG Vanguard Dividend Apprec ETF	0.20%	1,506	$295K	Reduce -11.2%
DTCR Global X Data Center & Digit	0.19%	17,710	$293K	Add +36.3%
T AT&T Inc.	0.18%	12,165	$277K	Add +0.1%
PG The Procter & Gamble Co.	0.18%	1,629	$273K	No change
LOW Lowe's Cos Inc.	0.17%	1,050	$259K	Reduce -0.3%
XLY SS Consumer Disc Select Sect	0.17%	1,153	$259K	Reduce -6.9%
LLY Eli Lilly & Co.	0.17%	335	$259K	Add +26.4%
DOW Dow Inc.	0.16%	6,084	$244K	Reduce -83.9%
SOXX iShares Semiconductor ETF	0.16%	1,133	$244K	Reduce -0.1%
NOBL Proshares S&P 500 Dividend A	0.16%	2,405	$239K	Reduce -1.6%
VONG Vanguard Russell 1000 Growth	0.16%	2,282	$236K	New
JNJ Johnson & Johnson	0.15%	1,603	$232K	Reduce -3.9%
FBCG Fidelity Blue Chip Grow ETF	0.15%	4,940	$229K	Reduce -5.5%
SPYG SS SPDR P S&P 500 Growth ETF	0.15%	2,575	$226K	Reduce -3.2%
DLR Digital Realty Trust Inc.	0.14%	1,227	$218K	New
MS Morgan Stanley	0.14%	1,663	$209K	New
DON Wisdomtree US Midcap Dividen	0.14%	4,070	$207K	Reduce -0.0%
GBTC Grayscale Bitcoin Trust ETF	0.14%	2,752	$204K	New
PROSPECT CAPITAL CORP (PSEC 6.375 03/01/25)	0.03%	53,000	$52K	No change

Portfolio Sells Q3 2024 → Q4 2024


DOW Dow Inc.	Reduce -83.9%	0.16%	−1.21
TREE Lendingtree Inc.	Reduce -31.8%	0.38%	−0.46
MPWR Monolithic Power Systems Inc.	Sold out	0.00%	−0.39
TGT Target Corp.	Reduce -24.6%	0.56%	−0.29
URI United Rentals Inc.	Reduce -2.7%	1.62%	−0.29
LYB Lyondellbasell Indu Class A	Sold out	0.00%	−0.26
CAT Caterpillar Inc.	Reduce -1.7%	2.66%	−0.26
VZ Verizon Communications Inc.	Reduce -6.9%	1.11%	−0.23
PFE Pfizer Inc.	Sold out	0.00%	−0.21
UBER Uber Technologies Inc.	Sold out	0.00%	−0.19
SNPS Synopsys Inc.	Sold out	0.00%	−0.19
NEE Nextera Energy Inc.	Sold out	0.00%	−0.15
SPY SS SPDR S&P 500 ETF Trust-US	Reduce -27.4%	0.43%	−0.15
ITA iShares U.S. Aerospace & Def	Sold out	0.00%	−0.15
FBCV Fidelity Blue Chip Value ETF	Sold out	0.00%	−0.14
IVV iShares Core S&P 500 ETF	Sold out	0.00%	−0.14
SHW The Sherwin-Williams Co.	Sold out	0.00%	−0.13
FDVV Fidelity High Dividend ETF	Reduce -37.2%	0.20%	−0.12
UPS United Parcel Service Class B	Reduce -13.1%	0.36%	−0.09
ABNB Airbnb Inc. Class A	Reduce -25.5%	0.28%	−0.08
ADBE Adobe Inc.	Reduce -1.9%	0.41%	−0.08
MRK Merck & Co. Inc.	Reduce -1.0%	0.49%	−0.07
TSCO Tractor Supply Company	Reduce -0.3%	0.73%	−0.07
MSFT Microsoft Corp.	Reduce -0.3%	2.87%	−0.07
SDY SS SPDR S&P Dividend ETF	Reduce -4.5%	0.49%	−0.06
WCN Waste Connections Inc.	Reduce -3.7%	0.54%	−0.04
ACN Accenture PLC Class A	Reduce -4.7%	0.68%	−0.04
META Meta Platforms Inc. Class A	Reduce -3.4%	3.01%	−0.04
XLU St Sr Utl SL SE SPDR ETF-Usd	Reduce -0.5%	0.45%	−0.03
TDV Proshares S&P Tech DVD Arist	Reduce -5.3%	0.40%	−0.03
VIG Vanguard Dividend Apprec ETF	Reduce -11.2%	0.20%	−0.03
WM Waste Management Inc.	Reduce -1.6%	0.59%	−0.03
DGRO iShares Core Dividend Growth	Reduce -2.4%	0.55%	−0.03
JNJ Johnson & Johnson	Reduce -3.9%	0.15%	−0.03
DUK Duke Energy Corp.	Reduce -1.2%	0.23%	−0.02
LOW Lowe's Cos Inc.	Reduce -0.3%	0.17%	−0.02
NOBL Proshares S&P 500 Dividend A	Reduce -1.6%	0.16%	−0.01
SOXX iShares Semiconductor ETF	Reduce -0.1%	0.16%	−0.01
XLI SS Industrial Select Sector	Reduce -1.5%	0.25%	−0.01
XLK SS Technology Select Sector	Reduce -4.3%	0.64%	−0.01
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -0.7%	0.36%	−0.01
INTU Intuit Inc.	Reduce -1.6%	0.40%	−0.00
FDX FedEx Corp.	Reduce -3.0%	0.44%	−0.00
MGC Vngrd Mrngstr MG Cap ETF-Usd	Reduce -3.2%	0.22%	−0.00
DON Wisdomtree US Midcap Dividen	Reduce -0.0%	0.14%	−0.00
VGT Vanguard Info Tech ETF	Reduce -5.7%	0.23%	+0.00
GWW WW Grainger Inc.	Reduce -1.2%	1.18%	+0.00
FBCG Fidelity Blue Chip Grow ETF	Reduce -5.5%	0.15%	+0.00
SPYG SS SPDR P S&P 500 Growth ETF	Reduce -3.2%	0.15%	+0.00
QQQM Invesco Nasdaq 100 ETF	Reduce -2.4%	0.26%	+0.01

Portfolio Buys Q3 2024 → Q4 2024


IBM Intl Business Machines Corp.	Add +92.6%	0.77%	+0.37
ORCL Oracle Corp.	New	0.31%	+0.31
VYM Vanguard High DVD Yield ETF	New	0.27%	+0.27
D Dominion Energy Inc.	New	0.22%	+0.22
NOW ServiceNow Inc.	Add +5.8%	1.05%	+0.21
TSM Taiwan Semiconductor-SP ADR	Add +7.8%	0.99%	+0.18
VONG Vanguard Russell 1000 Growth	New	0.16%	+0.16
DLR Digital Realty Trust Inc.	New	0.14%	+0.14
BAC Bank of America Corp.	Add +1.4%	1.31%	+0.14
WMT Walmart Inc.	Add +2.4%	1.11%	+0.14
C Citigroup Inc.	Add +12.7%	0.66%	+0.14
MS Morgan Stanley	New	0.14%	+0.14
GBTC Grayscale Bitcoin Trust ETF	New	0.14%	+0.14
IWP iShares Russell Mid-Cap Grow	Add +0.4%	1.31%	+0.10
IWM iShares Russell 2000 ETF	Add +6.6%	1.51%	+0.09
CMI Cummins Inc.	Add +0.4%	0.86%	+0.06
IVW iShares S&P 500 Growth ETF	Add +36.2%	0.21%	+0.06
VRTX Vertex Pharmaceuticals Inc.	Add +23.3%	0.85%	+0.05
MA Mastercard Inc. Class A	Add +1.2%	0.70%	+0.05
HON Honeywell International Inc.	Add +0.1%	0.52%	+0.04
DTCR Global X Data Center & Digit	Add +36.3%	0.19%	+0.04
ADP Automatic Data Processing	Add +0.7%	0.48%	+0.03
VTWO Vanguard Russell 2000 ETF	Add +15.7%	0.21%	+0.03
CAH Cardinal Health Inc.	Add +2.9%	0.26%	+0.02
IJH iShares Core S&P Midcap ETF	Add +2.6%	0.92%	+0.02
IWO iShares Russell 2000 Growth	Add +0.8%	1.11%	+0.02
PAYX Paychex Inc.	Add +1.9%	0.37%	+0.02
RWJ Invesco S&P Smallcap 600	Add +7.6%	0.26%	+0.02
VOOG Vanguard S&P 500 Growth ETF	Add +1.2%	0.26%	+0.02
TRV The Travelers Cos Inc.	Add +0.2%	0.59%	+0.02
LLY Eli Lilly & Co.	Add +26.4%	0.17%	+0.02
MCD McDonald's Corp.	Add +7.7%	0.55%	+0.01
COWZ Pacer US Cash Cows 100 ETF	Add +5.5%	0.39%	+0.01
T AT&T Inc.	Add +0.1%	0.18%	+0.01
IWR iShares Russell Mid-Cap ETF	Add +1.2%	0.26%	+0.00
SMDV Proshrs RSL 2000 DVD GRW ETF	Add +3.5%	0.26%	+0.00
DGRW Wisdomtree U.S. Quality Divi	Add +1.3%	0.32%	−0.00
IWS iShares Russell Mid-Cap Valu	Add +1.6%	1.02%	−0.01
PDI PIMCO Dynamic Income Fund	Add +6.6%	0.21%	−0.01
IWD iShares Russell 1000 Value E	Add +0.8%	0.49%	−0.01
XME SS SPDR S&P Metals Mining	Add +7.8%	0.21%	−0.01
TT Trane Technologies PLC	Add +2.7%	0.43%	−0.01
SBUX Starbucks Corp.	Add +2.0%	0.23%	−0.01
IWN iShares Russell 2000 Value E	Add +0.2%	0.83%	−0.01
DHR Danaher Corp.	Add +13.7%	0.22%	−0.01
KLAC KLA Corp.	Add +3.7%	0.28%	−0.05
RTX RTX Corp.	Add +0.4%	1.33%	−0.06
LRCX Lam Research Corp.	Add +4.5%	0.86%	−0.07
HD Home Depot Inc.	Add +0.2%	2.04%	−0.08
AMGN Amgen Inc.	Add +3.8%	0.44%	−0.08

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	129	$221.3M	STX, CAT, LRCX, DELL, AVGO
Q1 2026Amended	126	$182.6M	CAT, AAPL, AVGO, NVDA, STX
Q4 2025	121	$179.5M	AVGO, AAPL, NVDA, STX, GOOG
Q3 2025	126	$181.1M	AVGO, NVDA, AAPL, STX, CAT
Q2 2025	118	$163.4M	AVGO, NVDA, META, AAPL, MSFT
Q1 2025	118	$144.2M	AAPL, AVGO, META, NVDA, AMZN
Q4 2024	125	$150.4M	AVGO, AAPL, NVDA, AMZN, META
Q3 2024	128	$150.4M	AAPL, AVGO, META, NVDA, MSFT
Q2 2024	121	$140.4M	AAPL, AVGO, MSFT, AMZN, NVDA
Q1 2024	123	$138.0M	AAPL, AVGO, MSFT, AMZN, CAT