MWA Asset Management

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), MWA Asset Management reported 118 stock positions worth $163.4 million. Its top holding was Broadcom (AVGO) at 4.7% of the portfolio, followed by Nvidia (NVDA, 3.8%) and Meta Platforms Class A (META, 3.4%). Compared with Q1 2025, it opened 6 new positions, sold out of 6, added to 60 and reduced 50. The biggest buy was a new position in Dell Technologies -C (DELL) and the biggest sale Walt Disney (DIS, shares −86%).

Most Recent 13F
Q2 2026
Location
DANVERS, MA
CIK
0001903058
Portfolio Value
$163.4M (Q2 2025)
SEC Filing
0001085146-25-004939 ↗ filed Aug 12, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $138.0M Q1 2024 Q2 2024: $140.4M Q2 2024 Q3 2024: $150.4M Q3 2024 Q4 2024: $150.4M Q4 2024 Q1 2025: $144.2M Q1 2025 Q2 2025: $163.4M $163.4M Q2 2025 Q3 2025: $181.1M Q3 2025 Q4 2025: $179.5M Q4 2025 Q1 2026: $182.6M Q1 2026 Q2 2026: $221.3M Q2 2026

Holdings 118 stocks · $163.4M
AVGO Broadcom Inc. 4.75% 28,140 $7.8M Reduce -1.9%
NVDA Nvidia Corp. 3.81% 39,427 $6.2M Add +1.7%
META Meta Platforms Inc. Class A 3.44% 7,611 $5.6M Add +0.6%
AAPL Apple Inc. 3.36% 26,771 $5.5M Add +0.8%
MSFT Microsoft Corp. 3.34% 10,968 $5.5M Add +3.6%
AMZN Amazon.com Inc. 3.02% 22,501 $4.9M Add +2.3%
CAT Caterpillar Inc. 2.78% 11,708 $4.5M Add +3.9%
STX Seagate Technology Holdings 2.60% 29,475 $4.3M Add +44.0%
DE Deere & Co. 2.60% 8,357 $4.2M Add +1.2%
COST Costco Wholesale Corp. 2.54% 4,194 $4.2M Reduce -0.9%
GOOG Alphabet Inc. Class C 2.44% 22,501 $4.0M Add +4.0%
URI United Rentals Inc. 2.44% 5,294 $4.0M Add +1.5%
V Visa Inc. Class A 2.10% 9,653 $3.4M Reduce -0.9%
ABBV Abbvie Inc. 1.96% 17,285 $3.2M Add +1.1%
HD Home Depot Inc. 1.90% 8,484 $3.1M Add +2.3%
MMM 3M Co. 1.88% 20,181 $3.1M Add +1.5%
JPM JPMorgan Chase & Co. 1.78% 10,039 $2.9M Reduce -2.5%
LRCX Lam Research Corp. 1.76% 29,492 $2.9M Add +26.6%
DELL Dell Technologies -C 1.71% 22,794 $2.8M New
BX Blackstone Inc. 1.59% 17,324 $2.6M Add +3.7%
RTX RTX Corp. 1.56% 17,455 $2.5M Reduce -2.1%
VRTX Vertex Pharmaceuticals Inc. 1.43% 5,259 $2.3M Add +6.8%
XOM Exxon Mobil Corp. 1.43% 21,666 $2.3M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.36% 47,113 $2.2M Add +3.5%
IWP iShares Russell Mid-Cap Grow 1.30% 15,273 $2.1M Reduce -4.1%
NOW ServiceNow Inc. 1.21% 1,916 $2.0M Add +5.5%
TSM Taiwan Semiconductor-SP ADR 1.15% 8,268 $1.9M Add +5.7%
GWW WW Grainger Inc. filed as GRAINGER W W INC 1.13% 1,770 $1.8M Add +1.4%
WMT Walmart Inc. 1.12% 18,793 $1.8M Reduce -1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.12% 6,204 $1.8M Add +4.3%
PANW Palo Alto Networks Inc. 1.09% 8,675 $1.8M Add +6.8%
IWF iShares Russell 1000 Growth 1.08% 4,175 $1.8M Reduce -5.3%
VZ Verizon Communications Inc. 0.94% 35,340 $1.5M Reduce -3.5%
CDNS Cadence Design SYS Inc. 0.93% 4,908 $1.5M Add +10.8%
CMI Cummins Inc. 0.91% 4,537 $1.5M Add +11.8%
IWS iShares Russell Mid-Cap Valu 0.91% 11,240 $1.5M Reduce -6.6%
IWO iShares Russell 2000 Growth 0.84% 4,793 $1.4M Reduce -18.3%
IJH iShares Core S&P Midcap ETF 0.82% 21,672 $1.3M Reduce -1.6%
IWM iShares Russell 2000 ETF 0.82% 6,196 $1.3M Reduce -40.2%
MA Mastercard Inc. Class A 0.74% 2,146 $1.2M Add +1.4%
C Citigroup Inc. 0.73% 13,968 $1.2M Reduce -6.0%
SHOP Shopify Inc. Class A 0.71% 10,093 $1.2M Reduce -4.8%
WM Waste Management Inc. 0.68% 4,889 $1.1M Add +2.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.68% 9,002 $1.1M Add +3.0%
TSCO Tractor Supply Company 0.68% 21,049 $1.1M Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 0.65% 1,729 $1.1M Add +7.5%
TRV The Travelers Cos Inc. 0.65% 3,978 $1.1M Add +3.3%
LMT Lockheed Martin Corp. 0.63% 2,218 $1.0M Add +3.6%
CRM Salesforce Inc. 0.61% 3,628 $989K Add +0.7%
XLK SS Technology Select Sector 0.60% 3,862 $978K Reduce -2.1%
IWN iShares Russell 2000 Value E 0.54% 5,548 $875K Reduce -26.6%
DGRO iShares Core Dividend Growth 0.54% 13,687 $875K Add +0.7%
MCD McDonald's Corp. 0.54% 2,994 $875K Add +0.2%
WCN Waste Connections Inc. 0.53% 4,654 $869K Reduce -2.7%
AMGN Amgen Inc. 0.52% 3,061 $855K Add +0.2%
HON Honeywell International Inc. 0.52% 3,635 $847K Reduce -1.1%
ORCL Oracle Corp. 0.51% 3,809 $833K Reduce -31.4%
WSM Williams-Sonoma Inc. 0.49% 4,944 $808K Add +23.6%
ADP Automatic Data Processing 0.49% 2,616 $807K Add +0.2%
SDY SS SPDR S&P Dividend ETF 0.46% 5,594 $759K Add +1.0%
IWD iShares Russell 1000 Value E 0.46% 3,884 $754K Reduce -2.2%
AXP American Express Co. 0.45% 2,313 $738K Reduce -2.7%
TT Trane Technologies PLC 0.45% 1,682 $736K Reduce -11.5%
INTU Intuit Inc. 0.45% 930 $732K Reduce -0.8%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.44% 8,805 $719K Reduce -0.2%
TDV Proshares S&P Tech DVD Arist 0.44% 8,609 $716K Add +5.4%
FDN First Trust DJ Internet Ind 0.43% 2,627 $708K Reduce -0.1%
PAYX Paychex Inc. 0.42% 4,721 $687K Add +10.6%
KLAC KLA Corp. 0.41% 743 $666K Add +7.1%
COWZ Pacer US Cash Cows 100 ETF 0.39% 11,457 $631K Add +3.3%
VOOG Vanguard S&P 500 Growth ETF 0.35% 1,457 $578K Add +25.8%
CAH Cardinal Health Inc. 0.35% 3,439 $578K Reduce -2.0%
LLY Eli Lilly & Co. 0.35% 738 $574K Add +98.4%
VYM Vanguard High DVD Yield ETF 0.34% 4,155 $554K Add +17.9%
MRK Merck & Co. Inc. 0.33% 6,713 $531K Reduce -1.8%
QQQM Invesco Nasdaq 100 ETF 0.32% 2,267 $515K Add +8.1%
DGRW Wisdomtree U.S. Quality Divi 0.31% 5,971 $500K Add +1.1%
IVW iShares S&P 500 Growth ETF 0.30% 4,498 $495K Add +29.7%
GOOGL Alphabet Inc. Class A 0.30% 2,751 $485K Add +10.9%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.29% 1,708 $473K Reduce -7.2%
STT State Street Corp. 0.28% 4,263 $453K No change
IGV iShares Expanded Tech-Softwa 0.27% 4,040 $442K Add +0.5%
IWR iShares Russell Mid-Cap ETF 0.26% 4,539 $417K Reduce -9.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.25% 2,110 $412K Reduce -22.1%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 0.25% 1,112 $407K Reduce -3.7%
XLC SS Comm Select Sector SPDR 0.25% 3,715 $403K Add +1.4%
XLI SS Industrial Select Sector 0.24% 2,683 $396K Reduce -5.5%
DUK Duke Energy Corp. 0.23% 3,253 $384K Reduce -0.2%
T AT&T Inc. 0.23% 12,718 $368K Add +4.0%
VGT Vanguard Info Tech ETF 0.22% 552 $366K Reduce -0.4%
DLR Digital Realty Trust Inc. 0.21% 1,923 $335K Reduce -25.4%
MGC Vngrd Mrngstr MG Cap ETF-Usd 0.20% 1,488 $335K Reduce -0.9%
PDI PIMCO Dynamic Income Fund 0.20% 17,600 $334K Add +1.7%
VONG Vanguard Russell 1000 Growth 0.20% 3,025 $330K Add +17.6%
SBUX Starbucks Corp. 0.20% 3,558 $326K Reduce -4.4%
SOXX iShares Semiconductor ETF 0.19% 1,324 $316K Add +13.1%
QQQ Invesco QQQ Trust Series 1 0.18% 548 $302K New
RWJ Invesco S&P Smallcap 600 0.18% 6,731 $291K Reduce -24.2%
XSW SS SPDR S&P Soft & Serv ETF 0.17% 1,489 $283K New
FDVV Fidelity High Dividend ETF 0.17% 5,298 $276K Reduce -4.5%
VIG Vanguard Dividend Apprec ETF 0.17% 1,341 $274K Reduce -11.0%
SMDV Proshrs RSL 2000 DVD GRW ETF 0.16% 4,081 $265K Reduce -26.9%
DTCR Global X Data Center & Digit 0.16% 13,918 $259K Reduce -16.8%
XLY SS Consumer Disc Select Sect 0.16% 1,173 $255K Add +1.7%
PG The Procter & Gamble Co. 0.15% 1,549 $247K Reduce -4.9%
LOW Lowe's Cos Inc. 0.15% 1,092 $242K Add +1.1%
FBCG Fidelity Blue Chip Grow ETF 0.15% 4,935 $238K New
ADBE Adobe Inc. 0.15% 615 $238K Reduce -43.1%
ACN Accenture PLC Class A 0.14% 785 $235K Reduce -72.1%
GBTC Grayscale Bitcoin Trust ETF 0.14% 2,752 $233K New
NOBL Proshares S&P 500 Dividend A 0.14% 2,305 $232K Reduce -4.2%
MS Morgan Stanley 0.14% 1,591 $224K New
DON Wisdomtree US Midcap Dividen 0.13% 4,385 $220K Add +7.7%
XLF SS Financial Select Sector 0.13% 4,195 $220K Add +0.3%
ITW Illinois Tool Works 0.13% 874 $216K Add +2.1%
DOW Dow Inc. 0.13% 8,048 $213K Reduce -11.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.13% 1,717 $213K Reduce -86.5%
FBCV Fidelity Blue Chip Value ETF 0.13% 6,344 $208K Add +0.6%

Portfolio Sells Q1 2025 → Q2 2025
DIS The Walt Disney Co. Reduce -86.5% 0.13% −0.74
UNH Unitedhealth Group Inc. Sold out 0.00% −0.66
IWM iShares Russell 2000 ETF Reduce -40.2% 0.82% −0.62
BAH Booz Allen Hamilton Holdings Sold out 0.00% −0.52
ACN Accenture PLC Class A Reduce -72.1% 0.14% −0.47
V Visa Inc. Class A Reduce -0.9% 2.10% −0.27
D Dominion Energy Inc. Sold out 0.00% −0.27
IWN iShares Russell 2000 Value E Reduce -26.6% 0.54% −0.26
COST Costco Wholesale Corp. Reduce -0.9% 2.54% −0.24
VTWO Vanguard Russell 2000 ETF Sold out 0.00% −0.23
TGT Target Corp. Sold out 0.00% −0.22
VZ Verizon Communications Inc. Reduce -3.5% 0.94% −0.22
IWO iShares Russell 2000 Growth Reduce -18.3% 0.84% −0.20
DHR Danaher Corp. Sold out 0.00% −0.16
IWS iShares Russell Mid-Cap Valu Reduce -6.6% 0.91% −0.14
ADBE Adobe Inc. Reduce -43.1% 0.15% −0.14
TSCO Tractor Supply Company Reduce -2.0% 0.68% −0.14
WCN Waste Connections Inc. Reduce -2.7% 0.53% −0.12
MRK Merck & Co. Inc. Reduce -1.8% 0.33% −0.10
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -22.1% 0.25% −0.10
SMDV Proshrs RSL 2000 DVD GRW ETF Reduce -26.9% 0.16% −0.09
DOW Dow Inc. Reduce -11.6% 0.13% −0.09
RTX RTX Corp. Reduce -2.1% 1.56% −0.08
RWJ Invesco S&P Smallcap 600 Reduce -24.2% 0.18% −0.07
IJH iShares Core S&P Midcap ETF Reduce -1.6% 0.82% −0.07
IWD iShares Russell 1000 Value E Reduce -2.2% 0.46% −0.06
SBUX Starbucks Corp. Reduce -4.4% 0.20% −0.05
DLR Digital Realty Trust Inc. Reduce -25.4% 0.21% −0.05
XLU St Sr Utl SL SE SPDR ETF-Usd Reduce -0.2% 0.44% −0.04
IWR iShares Russell Mid-Cap ETF Reduce -9.8% 0.26% −0.04
PG The Procter & Gamble Co. Reduce -4.9% 0.15% −0.04
DUK Duke Energy Corp. Reduce -0.2% 0.23% −0.04
VIG Vanguard Dividend Apprec ETF Reduce -11.0% 0.17% −0.03
WMT Walmart Inc. Reduce -1.1% 1.12% −0.03
VBK Van Morst SML-Cap Gro-Usd Inc. Reduce -7.2% 0.29% −0.03
DTCR Global X Data Center & Digit Reduce -16.8% 0.16% −0.03
ORCL Oracle Corp. Reduce -31.4% 0.51% −0.03
NOBL Proshares S&P 500 Dividend A Reduce -4.2% 0.14% −0.03
FDVV Fidelity High Dividend ETF Reduce -4.5% 0.17% −0.02
HON Honeywell International Inc. Reduce -1.1% 0.52% −0.02
IWF iShares Russell 1000 Growth Reduce -5.3% 1.08% −0.02
XLI SS Industrial Select Sector Reduce -5.5% 0.24% −0.02
MGC Vngrd Mrngstr MG Cap ETF-Usd Reduce -0.9% 0.20% −0.00
C Citigroup Inc. Reduce -6.0% 0.73% −0.00
IWP iShares Russell Mid-Cap Grow Reduce -4.1% 1.30% −0.00
MGK Vngrd Mrgstr MG CP GR ETF-Ui Reduce -3.7% 0.25% +0.00
TT Trane Technologies PLC Reduce -11.5% 0.45% +0.01
AXP American Express Co. Reduce -2.7% 0.45% +0.01
SHOP Shopify Inc. Class A Reduce -4.8% 0.71% +0.01
VGT Vanguard Info Tech ETF Reduce -0.4% 0.22% +0.02

Portfolio Buys Q1 2025 → Q2 2025
DELL Dell Technologies -C New 1.71% +1.71
STX Seagate Technology Holdings Add +44.0% 2.60% +1.40
NVDA Nvidia Corp. Add +1.7% 3.81% +0.90
LRCX Lam Research Corp. Add +26.6% 1.76% +0.58
MSFT Microsoft Corp. Add +3.6% 3.34% +0.58
META Meta Platforms Inc. Class A Add +0.6% 3.44% +0.41
TSM Taiwan Semiconductor-SP ADR Add +5.7% 1.15% +0.25
CAT Caterpillar Inc. Add +3.9% 2.78% +0.20
NOW ServiceNow Inc. Add +5.5% 1.21% +0.20
QQQ Invesco QQQ Trust Series 1 New 0.18% +0.18
URI United Rentals Inc. Add +1.5% 2.44% +0.17
XSW SS SPDR S&P Soft & Serv ETF New 0.17% +0.17
FBCG Fidelity Blue Chip Grow ETF New 0.15% +0.15
CDNS Cadence Design SYS Inc. Add +10.8% 0.93% +0.14
GBTC Grayscale Bitcoin Trust ETF New 0.14% +0.14
LLY Eli Lilly & Co. Add +98.4% 0.35% +0.14
MS Morgan Stanley New 0.14% +0.14
PANW Palo Alto Networks Inc. Add +6.8% 1.09% +0.13
AMZN Amazon.com Inc. Add +2.3% 3.02% +0.12
GOOG Alphabet Inc. Class C Add +4.0% 2.44% +0.10
IBM Intl Business Machines Corp. Add +4.3% 1.12% +0.09
VOOG Vanguard S&P 500 Growth ETF Add +25.8% 0.35% +0.08
KLAC KLA Corp. Add +7.1% 0.41% +0.08
IVW iShares S&P 500 Growth ETF Add +29.7% 0.30% +0.08
WSM Williams-Sonoma Inc. Add +23.6% 0.49% +0.06
BAC Bank of America Corp. Add +3.5% 1.36% +0.05
SOXX iShares Semiconductor ETF Add +13.1% 0.19% +0.04
VONG Vanguard Russell 1000 Growth Add +17.6% 0.20% +0.04
QQQM Invesco Nasdaq 100 ETF Add +8.1% 0.32% +0.03
GOOGL Alphabet Inc. Class A Add +10.9% 0.30% +0.03
SPY SS SPDR S&P 500 ETF Trust-US Add +7.5% 0.65% +0.03
CMI Cummins Inc. Add +11.8% 0.91% +0.03
TDV Proshares S&P Tech DVD Arist Add +5.4% 0.44% +0.03
VYM Vanguard High DVD Yield ETF Add +17.9% 0.34% +0.02
IGV iShares Expanded Tech-Softwa Add +0.5% 0.27% +0.02
XLC SS Comm Select Sector SPDR Add +1.4% 0.25% +0.00
XLY SS Consumer Disc Select Sect Add +1.7% 0.16% −0.00
DON Wisdomtree US Midcap Dividen Add +7.7% 0.13% −0.01
XLF SS Financial Select Sector Add +0.3% 0.13% −0.01
FBCV Fidelity Blue Chip Value ETF Add +0.6% 0.13% −0.01
T AT&T Inc. Add +4.0% 0.23% −0.01
ITW Illinois Tool Works Add +2.1% 0.13% −0.01
DGRW Wisdomtree U.S. Quality Divi Add +1.1% 0.31% −0.02
LOW Lowe's Cos Inc. Add +1.1% 0.15% −0.03
PDI PIMCO Dynamic Income Fund Add +1.7% 0.20% −0.03
BX Blackstone Inc. Add +3.7% 1.59% −0.03
LMT Lockheed Martin Corp. Add +3.6% 0.63% −0.03
COWZ Pacer US Cash Cows 100 ETF Add +3.3% 0.39% −0.03
PAYX Paychex Inc. Add +10.6% 0.42% −0.04
DGRO iShares Core Dividend Growth Add +0.7% 0.54% −0.05

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 129$221.3MSTX, CAT, LRCX, DELL, AVGO
Q1 2026Amended 126$182.6MCAT, AAPL, AVGO, NVDA, STX
Q4 2025 121$179.5MAVGO, AAPL, NVDA, STX, GOOG
Q3 2025 126$181.1MAVGO, NVDA, AAPL, STX, CAT
Q2 2025 118$163.4MAVGO, NVDA, META, AAPL, MSFT
Q1 2025 118$144.2MAAPL, AVGO, META, NVDA, AMZN
Q4 2024 125$150.4MAVGO, AAPL, NVDA, AMZN, META
Q3 2024 128$150.4MAAPL, AVGO, META, NVDA, MSFT
Q2 2024 121$140.4MAAPL, AVGO, MSFT, AMZN, NVDA
Q1 2024 123$138.0MAAPL, AVGO, MSFT, AMZN, CAT