MWA Asset Management
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), MWA Asset Management reported 126 stock positions worth $181.1 million. Its top holding was Broadcom (AVGO) at 4.7% of the portfolio, followed by Nvidia (NVDA, 4.0%) and Apple (AAPL, 3.9%). Compared with Q2 2025, it opened 13 new positions, sold out of 5, added to 43 and reduced 63. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale Vertex Pharmaceuticals (VRTX, shares −39%).
- Most Recent 13F
- Q2 2026
- Location
- DANVERS, MA
- CIK
- 0001903058
- Portfolio Value
- $181.1M (Q3 2025)
- SEC Filing
- 0001903058-25-000005 ↗ filed Nov 4, 2025
Holdings Value
Holdings 126 stocks · $181.1M
| AVGO Broadcom Inc. | 4.68% | 25,676 | $8.5M | Reduce -8.8% |
| NVDA Nvidia Corp. | 4.04% | 39,197 | $7.3M | Reduce -0.6% |
| AAPL Apple Inc. | 3.89% | 27,648 | $7.0M | Add +3.3% |
| STX Seagate Technology Holdings | 3.69% | 28,332 | $6.7M | Reduce -3.9% |
| CAT Caterpillar Inc. | 3.10% | 11,762 | $5.6M | Add +0.5% |
| MSFT Microsoft Corp. | 3.07% | 10,743 | $5.6M | Reduce -2.0% |
| META Meta Platforms Inc. Class A | 3.03% | 7,475 | $5.5M | Reduce -1.8% |
| GOOG Alphabet Inc. Class C | 3.01% | 22,368 | $5.4M | Reduce -0.6% |
| URI United Rentals Inc. | 2.80% | 5,312 | $5.1M | Add +0.3% |
| AMZN Amazon.com Inc. | 2.77% | 22,848 | $5.0M | Add +1.5% |
| ABBV Abbvie Inc. | 2.29% | 17,886 | $4.1M | Add +3.5% |
| LRCX Lam Research Corp. | 2.25% | 30,433 | $4.1M | Add +3.2% |
| COST Costco Wholesale Corp. | 2.17% | 4,245 | $3.9M | Add +1.2% |
| DE Deere & Co. | 2.16% | 8,545 | $3.9M | Add +2.3% |
| HD Home Depot Inc. | 1.95% | 8,712 | $3.5M | Add +2.7% |
| DELL Dell Technologies -C | 1.86% | 23,725 | $3.4M | Add +4.1% |
| V Visa Inc. Class A | 1.77% | 9,404 | $3.2M | Reduce -2.6% |
| MMM 3M Co. | 1.71% | 19,980 | $3.1M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 1.65% | 9,502 | $3.0M | Reduce -5.3% |
| BX Blackstone Inc. | 1.65% | 17,507 | $3.0M | Add +1.1% |
| RTX RTX Corp. | 1.60% | 17,321 | $2.9M | Reduce -0.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.36% | 47,729 | $2.5M | Add +1.3% |
| XOM Exxon Mobil Corp. | 1.35% | 21,666 | $2.4M | No change |
| TSM Taiwan Semiconductor-SP ADR | 1.23% | 8,000 | $2.2M | Reduce -3.2% |
| IWP iShares Russell Mid-Cap Grow | 1.18% | 15,040 | $2.1M | Reduce -1.5% |
| CMI Cummins Inc. | 1.08% | 4,627 | $2.0M | Add +2.0% |
| IWF iShares Russell 1000 Growth | 1.06% | 4,093 | $1.9M | Reduce -2.0% |
| PANW Palo Alto Networks Inc. | 1.05% | 9,302 | $1.9M | Add +7.2% |
| WMT Walmart Inc. | 1.04% | 18,253 | $1.9M | Reduce -2.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.01% | 6,514 | $1.8M | Add +5.0% |
| ORCL Oracle Corp. | 1.00% | 6,469 | $1.8M | Add +69.8% |
| NOW ServiceNow Inc. | 0.99% | 1,940 | $1.8M | Add +1.3% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.98% | 1,871 | $1.8M | Add +5.7% |
| CDNS Cadence Design SYS Inc. | 0.98% | 5,056 | $1.8M | Add +3.0% |
| IWS iShares Russell Mid-Cap Valu | 0.86% | 11,175 | $1.6M | Reduce -0.6% |
| IWO iShares Russell 2000 Growth | 0.84% | 4,746 | $1.5M | Reduce -1.0% |
| IJH iShares Core S&P Midcap ETF | 0.78% | 21,737 | $1.4M | Add +0.3% |
| SHOP Shopify Inc. Class A | 0.78% | 9,534 | $1.4M | Reduce -5.5% |
| C Citigroup Inc. | 0.77% | 13,756 | $1.4M | Reduce -1.5% |
| VZ Verizon Communications Inc. | 0.76% | 31,415 | $1.4M | Reduce -11.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.76% | 9,479 | $1.4M | Add +5.3% |
| MA Mastercard Inc. Class A | 0.75% | 2,381 | $1.4M | Add +10.9% |
| IWM iShares Russell 2000 ETF | 0.71% | 5,291 | $1.3M | Reduce -14.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.69% | 3,198 | $1.3M | Reduce -39.2% |
| TSCO Tractor Supply Company | 0.66% | 20,977 | $1.2M | Reduce -0.3% |
| WM Waste Management Inc. | 0.62% | 5,093 | $1.1M | Add +4.2% |
| TRV The Travelers Cos Inc. | 0.62% | 4,012 | $1.1M | Add +0.8% |
| XLK SS Technology Select Sector | 0.58% | 3,737 | $1.1M | Reduce -3.2% |
| WSM Williams-Sonoma Inc. | 0.53% | 4,952 | $968K | Add +0.2% |
| DGRO iShares Core Dividend Growth | 0.50% | 13,405 | $913K | Reduce -2.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.50% | 1,354 | $902K | Reduce -21.7% |
| MCD McDonald's Corp. | 0.49% | 2,934 | $892K | Reduce -2.0% |
| AMGN Amgen Inc. | 0.48% | 3,068 | $866K | Add +0.2% |
| IWN iShares Russell 2000 Value E | 0.48% | 4,886 | $864K | Reduce -11.9% |
| GEV GE Vernova Inc. | 0.44% | 1,302 | $801K | New |
| ADP Automatic Data Processing | 0.44% | 2,709 | $795K | Add +3.6% |
| KLAC KLA Corp. | 0.44% | 731 | $788K | Reduce -1.6% |
| BDX Becton Dickinson and Co. | 0.43% | 4,197 | $786K | New |
| IWD iShares Russell 1000 Value E | 0.43% | 3,850 | $784K | Reduce -0.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.43% | 8,930 | $779K | Add +1.4% |
| HON Honeywell International Inc. | 0.43% | 3,665 | $772K | Add +0.8% |
| AXP American Express Co. | 0.42% | 2,312 | $768K | Reduce -0.0% |
| SDY SS SPDR S&P Dividend ETF | 0.42% | 5,410 | $758K | Reduce -3.3% |
| TT Trane Technologies PLC | 0.41% | 1,780 | $751K | Add +5.8% |
| TDV Proshares S&P Tech DVD Arist | 0.41% | 8,654 | $749K | Add +0.5% |
| WCN Waste Connections Inc. | 0.40% | 4,161 | $732K | Reduce -10.6% |
| FDN First Trust DJ Internet Ind | 0.39% | 2,525 | $707K | Reduce -3.9% |
| NOC Northrop Grumman Corp. | 0.36% | 1,057 | $644K | New |
| COWZ Pacer US Cash Cows 100 ETF | 0.36% | 11,190 | $643K | Reduce -2.3% |
| VOOG Vanguard S&P 500 Growth ETF | 0.35% | 1,439 | $627K | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 0.34% | 2,536 | $617K | Reduce -7.8% |
| VYM Vanguard High DVD Yield ETF | 0.32% | 4,158 | $586K | Add +0.1% |
| PAYX Paychex Inc. | 0.32% | 4,504 | $571K | Reduce -4.6% |
| IVW iShares S&P 500 Growth ETF | 0.31% | 4,691 | $566K | Add +4.3% |
| CAH Cardinal Health Inc. | 0.30% | 3,449 | $541K | Add +0.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.29% | 2,115 | $523K | Reduce -6.7% |
| DGRW Wisdomtree U.S. Quality Divi | 0.29% | 5,821 | $518K | Reduce -2.5% |
| STT State Street Corp. | 0.27% | 4,263 | $494K | No change |
| INTU Intuit Inc. | 0.26% | 700 | $478K | Reduce -24.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.26% | 1,579 | $470K | Reduce -7.5% |
| IGV iShares Expanded Tech-Softwa | 0.26% | 4,085 | $470K | Add +1.1% |
| SLVR Sprott SLVR Miner & PHY SLVR | 0.25% | 10,405 | $461K | New |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.25% | 1,110 | $447K | Reduce -0.2% |
| XLC SS Comm Select Sector SPDR | 0.24% | 3,725 | $441K | Add +0.3% |
| IWR iShares Russell Mid-Cap ETF | 0.24% | 4,504 | $435K | Reduce -0.8% |
| CRM Salesforce Inc. | 0.24% | 1,826 | $433K | Reduce -49.7% |
| MRK Merck & Co. Inc. | 0.23% | 4,984 | $418K | Reduce -25.8% |
| XSW SS SPDR S&P Soft & Serv ETF | 0.22% | 2,049 | $405K | Add +37.6% |
| DUK Duke Energy Corp. | 0.22% | 3,253 | $403K | No change |
| VGT Vanguard Info Tech ETF | 0.22% | 533 | $398K | Reduce -3.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.22% | 1,869 | $390K | Reduce -11.4% |
| XLI SS Industrial Select Sector | 0.21% | 2,498 | $385K | Reduce -6.9% |
| VONG Vanguard Russell 1000 Growth | 0.20% | 3,004 | $362K | Reduce -0.7% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 0.20% | 1,475 | $360K | Reduce -0.9% |
| PDI PIMCO Dynamic Income Fund | 0.20% | 18,175 | $360K | Add +3.3% |
| SOXX iShares Semiconductor ETF | 0.20% | 1,324 | $359K | No change |
| MO Altria Group Inc. | 0.19% | 5,268 | $348K | New |
| T AT&T Inc. | 0.18% | 11,678 | $330K | Reduce -8.2% |
| LMT Lockheed Martin Corp. | 0.18% | 649 | $323K | Reduce -70.7% |
| RWJ Invesco S&P Smallcap 600 | 0.17% | 6,246 | $302K | Reduce -7.2% |
Portfolio Sells Q2 2025 → Q3 2025
| VRTX Vertex Pharmaceuticals Inc. | Reduce -39.2% | 0.69% | −0.74 |
| LMT Lockheed Martin Corp. | Reduce -70.7% | 0.18% | −0.45 |
| META Meta Platforms Inc. Class A | Reduce -1.8% | 3.03% | −0.41 |
| CRM Salesforce Inc. | Reduce -49.7% | 0.24% | −0.37 |
| V Visa Inc. Class A | Reduce -2.6% | 1.77% | −0.33 |
| MSFT Microsoft Corp. | Reduce -2.0% | 3.07% | −0.27 |
| LLY Eli Lilly & Co. | Reduce -57.6% | 0.13% | −0.22 |
| INTU Intuit Inc. | Reduce -24.7% | 0.26% | −0.18 |
| VZ Verizon Communications Inc. | Reduce -11.1% | 0.76% | −0.17 |
| MMM 3M Co. | Reduce -1.0% | 1.71% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -21.7% | 0.50% | −0.16 |
| ADBE Adobe Inc. | Sold out | 0.00% | −0.15 |
| ACN Accenture PLC Class A | Sold out | 0.00% | −0.14 |
| MS Morgan Stanley | Sold out | 0.00% | −0.14 |
| DOW Dow Inc. | Sold out | 0.00% | −0.13 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.13 |
| WCN Waste Connections Inc. | Reduce -10.6% | 0.40% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -5.3% | 1.65% | −0.13 |
| IWP iShares Russell Mid-Cap Grow | Reduce -1.5% | 1.18% | −0.11 |
| IWM iShares Russell 2000 ETF | Reduce -14.6% | 0.71% | −0.11 |
| PAYX Paychex Inc. | Reduce -4.6% | 0.32% | −0.11 |
| MRK Merck & Co. Inc. | Reduce -25.8% | 0.23% | −0.09 |
| WMT Walmart Inc. | Reduce -2.9% | 1.04% | −0.09 |
| AVGO Broadcom Inc. | Reduce -8.8% | 4.68% | −0.07 |
| IWN iShares Russell 2000 Value E | Reduce -11.9% | 0.48% | −0.06 |
| SBUX Starbucks Corp. | Reduce -12.4% | 0.15% | −0.05 |
| IWS iShares Russell Mid-Cap Valu | Reduce -0.6% | 0.86% | −0.05 |
| SDY SS SPDR S&P Dividend ETF | Reduce -3.3% | 0.42% | −0.05 |
| T AT&T Inc. | Reduce -8.2% | 0.18% | −0.04 |
| MCD McDonald's Corp. | Reduce -2.0% | 0.49% | −0.04 |
| FDN First Trust DJ Internet Ind | Reduce -3.9% | 0.39% | −0.04 |
| DLR Digital Realty Trust Inc. | Reduce -9.7% | 0.17% | −0.04 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -11.4% | 0.22% | −0.04 |
| DGRO iShares Core Dividend Growth | Reduce -2.1% | 0.50% | −0.03 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -2.3% | 0.36% | −0.03 |
| SMDV Proshrs RSL 2000 DVD GRW ETF | Reduce -12.0% | 0.13% | −0.03 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -7.5% | 0.26% | −0.03 |
| XLI SS Industrial Select Sector | Reduce -6.9% | 0.21% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -0.9% | 0.43% | −0.03 |
| AXP American Express Co. | Reduce -0.0% | 0.42% | −0.03 |
| QQQM Invesco Nasdaq 100 ETF | Reduce -6.7% | 0.29% | −0.03 |
| IWF iShares Russell 1000 Growth | Reduce -2.0% | 1.06% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -11.9% | 0.16% | −0.02 |
| TSCO Tractor Supply Company | Reduce -0.3% | 0.66% | −0.02 |
| DGRW Wisdomtree U.S. Quality Divi | Reduce -2.5% | 0.29% | −0.02 |
| DON Wisdomtree US Midcap Dividen | Reduce -8.0% | 0.12% | −0.02 |
| XLK SS Technology Select Sector | Reduce -3.2% | 0.58% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -0.8% | 0.24% | −0.02 |
| VIG Vanguard Dividend Apprec ETF | Reduce -4.1% | 0.15% | −0.01 |
| RWJ Invesco S&P Smallcap 600 | Reduce -7.2% | 0.17% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +3.3% | 3.89% | +0.53 |
| ORCL Oracle Corp. | Add +69.8% | 1.00% | +0.49 |
| LRCX Lam Research Corp. | Add +3.2% | 2.25% | +0.49 |
| GEV GE Vernova Inc. | New | 0.44% | +0.44 |
| BDX Becton Dickinson and Co. | New | 0.43% | +0.43 |
| URI United Rentals Inc. | Add +0.3% | 2.80% | +0.36 |
| NOC Northrop Grumman Corp. | New | 0.36% | +0.36 |
| ABBV Abbvie Inc. | Add +3.5% | 2.29% | +0.32 |
| CAT Caterpillar Inc. | Add +0.5% | 3.10% | +0.32 |
| SLVR Sprott SLVR Miner & PHY SLVR | New | 0.25% | +0.25 |
| MO Altria Group Inc. | New | 0.19% | +0.19 |
| CMI Cummins Inc. | Add +2.0% | 1.08% | +0.17 |
| DELL Dell Technologies -C | Add +4.1% | 1.86% | +0.15 |
| CLOU Global X Cloud Computing ETF | New | 0.15% | +0.15 |
| CIBR First Trust Nasdaq Cybersecu | New | 0.14% | +0.14 |
| IREN Iren Ltd. | New | 0.14% | +0.14 |
| SYM Symbotic Inc. | New | 0.13% | +0.13 |
| AMD Advanced Micro Devices | New | 0.13% | +0.13 |
| SQQQ Proshares TR | New | 0.13% | +0.13 |
| VOLT Tema Electrification | New | 0.12% | +0.12 |
| TJX TJX Companies Inc. | Add +5.3% | 0.76% | +0.08 |
| BX Blackstone Inc. | Add +1.1% | 1.65% | +0.07 |
| CDNS Cadence Design SYS Inc. | Add +3.0% | 0.98% | +0.06 |
| XSW SS SPDR S&P Soft & Serv ETF | Add +37.6% | 0.22% | +0.05 |
| NVD Granitesh 2XSHT Nvda ETF-Usd | New | 0.05% | +0.05 |
| HD Home Depot Inc. | Add +2.7% | 1.95% | +0.05 |
| WSM Williams-Sonoma Inc. | Add +0.2% | 0.53% | +0.04 |
| MA Mastercard Inc. Class A | Add +10.9% | 0.75% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +4.3% | 0.31% | +0.01 |
| GBTC Grayscale Bitcoin Trust ETF | Add +4.5% | 0.14% | −0.00 |
| DTCR Global X Data Center & Digit | Add +0.5% | 0.16% | −0.00 |
| ITW Illinois Tool Works | Add +3.3% | 0.13% | −0.00 |
| XLC SS Comm Select Sector SPDR | Add +0.3% | 0.24% | −0.00 |
| BAC Bank of America Corp. | Add +1.3% | 1.36% | −0.00 |
| PDI PIMCO Dynamic Income Fund | Add +3.3% | 0.20% | −0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +1.4% | 0.43% | −0.01 |
| NOBL Proshares S&P 500 Dividend A | Add +0.1% | 0.13% | −0.01 |
| IGV iShares Expanded Tech-Softwa | Add +1.1% | 0.26% | −0.01 |
| VYM Vanguard High DVD Yield ETF | Add +0.1% | 0.32% | −0.02 |
| PG The Procter & Gamble Co. | Add +1.3% | 0.13% | −0.02 |
| TDV Proshares S&P Tech DVD Arist | Add +0.5% | 0.41% | −0.03 |
| TRV The Travelers Cos Inc. | Add +0.8% | 0.62% | −0.03 |
| TT Trane Technologies PLC | Add +5.8% | 0.41% | −0.04 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.78% | −0.04 |
| PANW Palo Alto Networks Inc. | Add +7.2% | 1.05% | −0.04 |
| AMGN Amgen Inc. | Add +0.2% | 0.48% | −0.04 |
| CAH Cardinal Health Inc. | Add +0.3% | 0.30% | −0.05 |
| ADP Automatic Data Processing | Add +3.6% | 0.44% | −0.05 |
| WM Waste Management Inc. | Add +4.2% | 0.62% | −0.06 |
| HON Honeywell International Inc. | Add +0.8% | 0.43% | −0.09 |
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 |